<SEC-DOCUMENT>0001193125-15-073382.txt : 20150302
<SEC-HEADER>0001193125-15-073382.hdr.sgml : 20150302
<ACCEPTANCE-DATETIME>20150302163849
ACCESSION NUMBER:		0001193125-15-073382
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20141231
FILED AS OF DATE:		20150302
DATE AS OF CHANGE:		20150302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MBIA INC
		CENTRAL INDEX KEY:			0000814585
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				061185706
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09583
		FILM NUMBER:		15665204

	BUSINESS ADDRESS:	
		STREET 1:		1 MANHATTANVILLE ROAD
		STREET 2:		SUITE 301
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
		BUSINESS PHONE:		914-273-4545

	MAIL ADDRESS:	
		STREET 1:		1 MANHATTANVILLE ROAD
		STREET 2:		SUITE 301
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>d868514d10k.htm
<DESCRIPTION>FORM 10-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 10-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="5"><B>United States </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="5"><B>Form 10-K
</B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="3"><B></B><FONT STYLE="font-family:Times New Roman" SIZE="3"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="3"><B></B></FONT>
<B></B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES&nbsp;EXCHANGE ACT OF 1934 </B></FONT></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>For the fiscal year ended December&nbsp;31, 2014 </B></FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>or </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="3"><B></B><FONT STYLE="font-family:Times New Roman" SIZE="3"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="3"><B></B></FONT>
<B></B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="3"><B>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></FONT></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>For the transition period from &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
to&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT></P> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Commission File Number 1-9583 </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="6"><B>MBIA INC. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(Exact name of
registrant as specified in its charter) </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>


<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Connecticut</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>06-1185706</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(State&nbsp;of&nbsp;incorporation)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(I.R.S.&nbsp;Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="1"><B>Identification&nbsp;No.)</B></FONT></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>1 Manhattanville Road, Suite 301,</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>Purchase,&nbsp;New&nbsp;York</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>10577</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(Address&nbsp;of&nbsp;principal&nbsp;executive&nbsp;offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Registrant&#146;s telephone number, including area code: (914)&nbsp;273-4545 </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Securities registered pursuant to Section&nbsp;12(b) of the Act: </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:68pt" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Title of each class</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Name&nbsp;of&nbsp;each&nbsp;exchange</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:91pt" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>on which registered</B></FONT></P></TD></TR>


<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Common Stock, par value $1 per share</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>New&nbsp;York&nbsp;Stock&nbsp;Exchange</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Securities registered pursuant to Section&nbsp;12(g) of the Act: </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>None </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark if the registrant
is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT
STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark if the registrant is not required to file reports pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the
Act.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark whether the registrant (1)&nbsp;has filed all reports required to be filed by Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)&nbsp;has been subject to such filing requirements for the past 90 days.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark whether the registrant has
submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (&#167;232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such files).&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT
STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark if disclosure of delinquent filers pursuant to Item&nbsp;405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant&#146;s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark whether the Registrant is a
large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of
the Exchange Act. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2">Large accelerated
filer&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;Accelerated filer&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;Non-accelerated filer&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;Smaller reporting company&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Indicate by check mark whether the Registrant is shell company (as defined in Rule 12b-2 of the Act).&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT
STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT><FONT STYLE="font-family:ARIAL" SIZE="2"></FONT> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The aggregate market value of the voting stock held
by non-affiliates of the Registrant as of June&nbsp;30, 2014 was $1,563,112,068. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">As of February&nbsp;26, 2015, 185,663,370 shares of Common Stock, par
value $1 per share, were outstanding. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Documents incorporated by reference: </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Portions of the Definitive Proxy Statement of the Registrant for its 2014 Annual Meeting, which will be filed on or before March&nbsp;31, 2015, are incorporated by
reference into Part III of this Form 10-K. </FONT></P> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B><A NAME="toc"></A>TABLE OF CONTENTS </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="85%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>PART I</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;1.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_1">Business</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;1A.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_2">Risk Factors</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;1B.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_3">Unresolved Staff Comments</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">26</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;2.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_4">Properties</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;3.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_5">Legal Proceedings</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;4.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_6">Mine Safety Disclosures</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">27</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>PART II</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;5.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_7">Market for Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;6.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_8">Selected Financial Data</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;7.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_9">Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;7A.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_10">Quantitative and Qualitative Disclosures About Market Risk</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">79</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;8.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_11">Financial Statements and Supplementary Data</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">82</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;9.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_12">Changes in and Disagreements with Accountants on Accounting and Financial Disclosure</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">180</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;9A.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_13">Controls and Procedures</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">180</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;9B.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_14">Other Information</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">181</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>PART III</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;10.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_15">Directors, Executive Officers and Corporate Governance</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">183</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;11.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_16">Executive Compensation</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">183</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;12.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_17">Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">183</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;13.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_18">Certain Relationships and Related Transactions, and Director Independence</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">184</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;14.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_19">Principal Accounting Fees and Services</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">184</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>PART IV</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Item&nbsp;15.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_20">Exhibits, Financial Statement Schedules</A></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">185</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:2.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_21">Signatures</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">189</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:2.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_22">Schedule I</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">190</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:2.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_23">Schedule II</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">191</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:2.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_24">Schedule IV</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">197</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:2.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><A HREF="#toc868514_25">Exhibit Index</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2">198</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>FORWARD-LOOKING AND CAUTIONARY STATEMENTS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">This annual report of MBIA Inc. (&#147;MBIA&#148;, the &#147;Company&#148;, &#147;we&#148;, &#147;us&#148; or &#147;our&#148;) includes statements that are not historical or current facts and are
&#147;forward-looking statements&#148; made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words &#147;believe&#148;, &#147;anticipate&#148;, &#147;project&#148;, &#147;plan&#148;,
&#147;expect&#148;, &#147;estimate&#148;, &#147;intend&#148;, &#147;will likely result&#148;, &#147;looking forward&#148;, or &#147;will continue&#148; and similar expressions identify forward-looking statements. These statements are subject to
certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. MBIA cautions readers not to place undue reliance on any such forward-looking statements,
which speak only to their respective dates. We undertake no obligation to publicly correct or update any forward-looking statement if the Company later becomes aware that such result is not likely to be achieved. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">The following are some of the factors that could affect financial performance or could cause actual results to differ materially from estimates contained in or
underlying the Company&#146;s forward-looking statements: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">increased credit losses or impairments on public finance obligations we insure issued by state, local and territorial governments and finance authorities that
are experiencing fiscal stress; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">the possibility that MBIA Corp. will have inadequate liquidity to pay expected claims as a result of increased losses on certain structured finance transactions,
in particular residential mortgage-backed securities transactions that include a substantial number of ineligible mortgage loans, or a delay or failure in collecting expected recoveries; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">the possibility that loss reserve estimates are not adequate to cover potential claims; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">a disruption in the cash flow from our subsidiaries or an inability to access capital and our exposure to significant fluctuations in liquidity and asset values
within the global credit markets as a result of collateral posting requirements; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">our ability to fully implement our strategic plan, including our ability to maintain high stable ratings for National Public Finance Guarantee Corporation and
generate investor demand for our financial guarantees; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">deterioration in the economic environment and financial markets in the United States or abroad, and adverse developments in European sovereign credit
performance, real estate market performance, credit spreads, interest rates and foreign currency levels; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">the effects of governmental regulation, including insurance laws, securities laws, tax laws, legal precedents and accounting rules; and
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">uncertainties that have not been identified at this time. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">The above factors provide a summary of and are qualified in their entirety by the risk factors discussed under &#147;Risk Factors&#148; in Part I, Item&nbsp;1A of this annual report on Form 10-K. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part I </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_1">
</A>Item&nbsp;1. Business </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As used in this Annual Report on Form 10-K, (i)&nbsp;&#147;MBIA,&#148; the &#147;Company,&#148; &#147;we,&#148; &#147;our&#148; and
&#147;us&#148; refer to MBIA Inc., a Connecticut corporation incorporated in 1986 and (ii)&nbsp;unless otherwise indicated or the context otherwise requires, references to &#147;MBIA Insurance Corporation&#148; are to MBIA Insurance Corporation on a
stand-alone basis and references to &#147;MBIA Corp.&#148; are to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK Insurance Limited (&#147;MBIA UK&#148;) and MBIA Mexico S.A. de C.V. (&#147;MBIA Mexico&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OVERVIEW </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s primary business is to provide
financial guarantee insurance to the United States&#146; public finance markets through our indirect, wholly-owned subsidiary, National Public Finance Guarantee Corporation (&#147;National&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s financial guarantee insurance policy provides investors with unconditional and irrevocable guarantees of the payment of the principal, interest or other
amounts owing on insured obligations when due. The principal economic value of our financial guarantee insurance for capital markets issuers is to lower the interest cost of an insured obligation relative to the interest cost on the same obligation
issued on an uninsured basis. In addition, for complex financings and for obligations of issuers that are not well-known by investors, insured obligations have historically received greater market acceptance than uninsured obligations. For
investors, our insurance provides not only an additional level of credit protection but also the benefit of our portfolio monitoring and remediation skills throughout the life of the insurance policy. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National was established in February of 2009 when we restructured our business through several transactions (&#147;Transformation&#148;) and transferred the ownership
of National (then known as &#147;MBIA Insurance Corporation of Illinois&#148;) from a subsidiary of MBIA Inc. to a newly established holding company, &#147;National Public Finance Guarantee Holdings, Inc.,&#148; another wholly-owned subsidiary of
MBIA Inc. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We continue to manage the insured portfolio of MBIA Insurance Corporation and its subsidiaries which has been reduced substantially from $331.2 billion
as of December&nbsp;31, 2007 to $55.2 billion as of December&nbsp;31, 2014. We do not expect MBIA Corp. or its subsidiaries to write any new policies in the foreseeable future in light of their current ratings. As of December&nbsp;31, 2014, MBIA
Corp. had statutory capital of $859 million, approximately $679 million of estimated present value loss payments on its insured credits and outstanding surplus notes with $953 million of outstanding principal and $282 million of accrued and unpaid
interest. See &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#151;Capital Resources&#148; in Part II, Item&nbsp;7 of this Form 10-K for a further discussion of MBIA Corp.&#146;s insurance statutory
capital. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Given MBIA Corp.&#146;s capital structure and business prospects, we do not expect the financial performance of MBIA Corp. to have a material impact on
MBIA Inc., except for any impact it may have on the consolidated deferred tax asset relating to the Company&#146;s net operating loss carryforwards. See &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements of MBIA Inc.
and Subsidiaries in Part II, Item&nbsp;8 of this Form 10-K for a further discussion of income taxes. We estimate that MBIA Corp. has sufficient capital and liquidity to pay expected future policy claims, but do not expect MBIA Corp. to have
sufficient capital to fully pay the outstanding principal and accrued interest on the surplus notes.&nbsp;Furthermore, any payments on the surplus notes would require the prior approval of the New York State Department of Financial Services (the
&#147;NYSDFS&#148;).&nbsp;Accordingly, if the NYSDFS does not approve a payment of principal or interest on the surplus notes, then, under the terms of the surplus notes, any failure to make that payment of principal or interest on the surplus notes
will not constitute a default under the notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation owns MBIA UK and MBIA Mexico, the three companies that manage our legacy global
structured finance and non-U.S. public finance financial guarantee insurance portfolios. MBIA UK is a financial guarantee insurance company located in the United Kingdom which wrote structured and public finance debt obligations in selected
international markets, and MBIA Mexico is a financial guarantee insurance company located in Mexico which wrote a limited number of structured finance policies in Mexico. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We also own MBIA Services Corporation (&#147;MBIA Services&#148;), formerly, &#147;Optinuity Alliance Resources Corporation,&#148; a service company which provides
support services such as surveillance, risk management, legal, accounting, treasury and information technology, among others, to our businesses on a fee-for-service basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA completed the previously announced sale of its asset management advisory services business operated under Cutwater Holdings LLC, during the first quarter of 2015.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">1 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OUR BUSINESS STRATEGY </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>National Ratings and New Business Opportunities </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National is the largest U.S.
municipal-only bond insurer in the financial guarantee industry as measured by total gross insured par outstanding of $222.3 billion as of December&nbsp;31, 2014. Our primary strategy is to insure new issue and secondary market municipal bonds while
providing ongoing surveillance of National&#146;s existing insured portfolio. National&#146;s ability to write new business and to compete with other financial guarantors is largely dependent on the financial strength ratings assigned to National by
the major rating agencies. As of December&nbsp;31, 2014, National was rated AA+ with a stable outlook by Kroll Bond Rating Agency (&#147;Kroll&#148;), AA- with a stable outlook by Standard&nbsp;&amp; Poor&#146;s Financial Services LLC
(&#147;S&amp;P&#148;), and A3 with a negative outlook by Moody&#146;s Investors Services, Inc. (&#147;Moody&#146;s&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National seeks to generate shareholder
value through appropriate risk adjusted pricing; however, current market conditions and the competitive landscape may limit National&#146;s new business opportunities and its ability to price and underwrite risk with attractive
returns.&nbsp;Financial guarantee insurance competes in nearly all instances with the issuer&#146;s alternative of issuing uninsured bonds. If the interest savings from insurance are not greater than the cost of the insurance, the issuer will
generally choose to issue bonds without insurance. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. Capital Management </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The stabilization of the liquidity position at the holding company allows the Company more strategic flexibility in deploying its capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As part of the overall strategy, the Company is seeking over the next several years to reduce financial leverage at MBIA Inc. by using cash flows it receives primarily
from National to pay down MBIA Inc. debt and other liabilities. During the fourth quarters of 2014 and 2013, National declared and paid a dividend of $220 million and $214 million, respectively, to its ultimate parent, MBIA Inc. In addition, during
2014 and the first quarter of 2015, MBIA Inc. received $448 million in cash from an escrow account held by MBIA Inc. under the MBIA group&#146;s tax sharing agreement as described further under &#147;Management&#146;s Discussion and Analysis of
Financial Condition and Results of Operations&#151;Liquidity&#151;MBIA Inc. Liquidity&#148;. In 2014 we retired $122 million of debt issued by MBIA Inc. or its subsidiary MBIA Global Funding, LLC (&#147;GFL&#148;) and redeemed $129 million of debt
issued by MBIA Inc.&#146;s subsidiary, Meridian Funding Company, LLC (&#147;Meridian&#148;). In addition, $44 million of debt issued by GFL and $110 million of investment agreements matured during 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2014, the Company&#146;s Board of Directors authorized the repurchase of up to $200 million of its outstanding shares, against which we
repurchased 1,247,337 common shares of MBIA Inc. at an average share price of $9.44. Subsequent to December&nbsp;31, 2014, we repurchased an additional 6,317,901 common shares of MBIA Inc. at an average share price of $8.70 per share. As of
February&nbsp;26, 2015, $133 million remained available to repurchase under this new program. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Corp. Risk Mitigation </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. has not written a meaningful amount of new business since 2008 as a result of declining financial capacity and ratings downgrades. In addition, since that
time it has experienced considerable stress as a result of unprecedented levels of delinquency and loss in its structured finance business, primarily in its residential mortgage-backed securities (&#147;RMBS&#148;), commercial mortgage-backed
securities (&#147;CMBS&#148;) pools, commercial real estate (&#147;CRE&#148;) and collateralized debt obligation (&#147;CDO&#148;) portfolios. As a result, since 2008, MBIA Corp.&#146;s strategy has focused on recovering losses on insured RMBS
transactions related to the failure of certain RMBS sellers/servicers to honor their contractual obligations to repurchase ineligible mortgage loans from securitizations MBIA Corp. insured, reducing future expected economic losses in the insured
portfolio through commutations and other risk mitigation strategies, and managing liquidity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To date, MBIA has settled the majority of the Company&#146;s claims
related to the inclusion of ineligible mortgage loans in insured securitizations, only those against Credit Suisse remain. Since 2008, MBIA Corp. has commuted $94.8 billion of insured exposures, and its insured portfolio has decreased from $331.2
billion as of December&nbsp;31, 2007 to $55.2 billion as of December&nbsp;31, 2014. RMBS recoveries and commutation activity are described further under &#147;Note 1: Business Developments and Risks and Uncertainties&#148; in the Notes to
Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part II, Item&nbsp;8 of this Form 10-K. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our expected liquidity and capital forecasts for MBIA Insurance Corporation and projected collections of the remaining
put-back recoverable and excess spread (the difference between interest inflows on assets and interest outflows on liabilities in our insured RMBS transactions) reflect adequate resources to pay expected claims. However, there are risks to these
forecasts, as recoveries from the projected collections of excess spread and the remaining put-back recoverable, and the amount and timing of potential claims from our remaining insured exposures, are potentially volatile. While we believe MBIA
Insurance Corporation will have adequate resources to pay expected policy liabilities, if MBIA Corp. experiences higher than expected claim payments or is unable to collect expected recoveries, MBIA Corp. may ultimately have insufficient resources
to continue to pay claims, which could cause the NYSDFS to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding. We do not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by the NYSDFS
would have any significant long-term liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA UK. Furthermore, as noted above, we do not expect MBIA Insurance Corporation to have sufficient resources to pay the
aggregate amount of accrued and unpaid interest and the outstanding principal amount of the Surplus Notes, if the notes remain outstanding through their maturity in 2033. For a further discussion of MBIA Corp.&#146;s insurance statutory capital see
&#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#151;Capital Resources&#148; in Part II, Item&nbsp;7 of this Form 10-K. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OUR INSURANCE OPERATIONS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our U.S. public finance insurance
business is conducted through National, and our international and structured finance insurance portfolios are managed through MBIA Corp. We anticipate that for the foreseeable future virtually all of our new insurance business will be written
through National in the U.S. public finance sector. We expect the credit ratings of MBIA Insurance Corporation and its subsidiaries will continue to constrain its ability to write new business in the foreseeable future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We are compensated for our insurance policies by insurance premiums paid upfront or on an installment basis. Our financial guarantee insurance is offered in both the
new issue and secondary markets. Transactions in the new issue market may be sold either through negotiated offerings or competitive bidding. We also issue insurance policies to guarantee the payment of principal and interest on municipal
obligations being traded in the secondary market upon the request of a broker or an existing holder of uninsured bonds, where the premium is generally paid by the owner of the obligation. In addition, we have provided financial guarantees or
sureties to debt service reserve funds. The primary risk in our insurance operations is that of adverse credit performance in the insured portfolio. We seek to maintain a diversified insured portfolio and have insured transactions with the aim of
managing and diversifying risk based on a variety of criteria including revenue source, issue size, type of asset, industry concentrations, type of bond and geographic area. Despite this objective, there can be no assurance that we will avoid losses
on multiple credits as a result of a single event or series of events. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Because we generally guarantee to the holder of an underlying obligation the timely payment
of amounts due on the obligation in accordance with its original payment schedule, in the case of a default or other triggering event on an insured obligation, payments under the insurance policy generally cannot be accelerated against us unless we
consent to the acceleration. In the event of a default, however, we may have the right, in our sole discretion, to accelerate the obligations and pay them in full. Otherwise, we are required to pay principal, interest or other amounts only as
scheduled payments come due, even if the holders are permitted by the terms of the insured obligations to have the full amount of principal, accrued interest or other amounts due, declared due and payable immediately in the event of a default. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our payment obligations after a default vary by deal and by insurance type. Our public finance insurance generally insures scheduled interest and principal. Our
structured finance policies generally insure (i)&nbsp;timely interest and ultimate principal; (ii)&nbsp;ultimate principal only at final maturity; or, (iii)&nbsp;payments upon settlement of individual collateral losses as they occur after any
deductible or subordination has been exhausted. With respect to the insurance of credit default swap (&#147;CDS&#148;) contracts written in the international and structured finance insurance segment, in certain circumstances, including the
occurrence of certain insolvency or payment defaults under the CDS contracts, the CDS contracts may be subject to termination by the counterparty, triggering a claim for the fair value of the contract. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the event of a default in payment of principal, interest or other insured amounts by an issuer, the insurance
company promises to make funds available in the insured amount generally within one to three business days following notification. Longer timeframes may apply for international transactions. Generally, our insurance companies provide for this
payment upon receipt of proof of ownership of the obligations due, as well as upon receipt of instruments appointing the insurer as agent for the holders and evidencing the assignment of the rights of the holders with respect to the payments made by
the insurer or other appropriate documentation. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>National Insured Portfolio </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s insurance portfolio consists of municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility
districts, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public
purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, user fees or tariffs related to the use of these projects, lease payments or other similar types of
revenue streams. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s portfolio is primarily comprised of (i)&nbsp;MBIA Corp.&#146;s U.S. public finance financial guarantee policies ceded by MBIA
Corp. to National pursuant to the Quota Share Reinsurance Agreement, effective January&nbsp;1, 2009 (the &#147;MBIA Corp. Reinsurance Agreement&#148;), executed in connection with Transformation, and (ii)&nbsp;certain public finance financial
guarantee policies of Financial Guaranty Insurance Company (&#147;FGIC&#148;) which were originally reinsured by MBIA Corp. pursuant to the FGIC Reinsurance Agreement, subsequently assigned to and reinsured by National in connection with
Transformation, and ultimately novated to National pursuant to a novation agreement between National and FGIC effective August of 2013 (the &#147;FGIC Novation Agreement&#148;). </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Portfolio Profile </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, National had $222.3 billion
of insured gross par outstanding on U.S. public finance obligations covering 11,121 policies and diversified among 5,648 &#147;credits,&#148; which we define as any group of issues supported by the same revenue source. Insurance in force, which
includes all insured debt service, as of December&nbsp;31, 2014 was $361.6 billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All of the policies were underwritten on the assumption that the insurance will
remain in force until maturity of the insured obligations. National estimates that the average life of its domestic public finance insurance policies in force as of December&nbsp;31, 2014 was 10 years. The average life was determined by applying a
weighted average calculation, using the remaining years to contractual maturity and weighting them on the basis of the remaining debt service insured. No assumptions were made for any future refundings, early redemptions or terminations of insured
issues. Average annual insured debt service on the portfolio as of December&nbsp;31, 2014 was $21.5 billion. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The table below shows the diversification by type of U.S. public finance insurance that was outstanding as of
December&nbsp;31, 2014: </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>National U.S. Public Finance Gross Par Amount Outstanding by Bond Type as of December&nbsp;31, 2014 </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par<BR>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Bond Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Public finance: United States</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">General fund obligation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">79,995</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">General fund obligation&#151;Lease</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18,935</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39,245</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30,294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20,874</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Health care</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Higher education</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,790</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal housing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,331</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Military housing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,776</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investor-owned utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,653</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,277</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total United States&#151;public finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222,293</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s underwriting guidelines limit the insurance in force for any one insured credit, and for other categories such as
geography. In addition, National is subject to regulatory single-risk limits and its ratings are subject to rating agency single-risk limits with respect to any insured bond issue. See the &#147;Insurance Regulation&#148; section below for a
description of these regulatory requirements. As of December&nbsp;31, 2014, National&#146;s gross par amount outstanding for its ten largest insured U.S. public finance credits totaled $14.6 billion, representing 6.6% of National&#146;s total U.S.
public finance gross par amount outstanding. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Corp. Insured Portfolio </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s insured portfolio consists of policies that insure various types of structured finance and international public finance obligations that were sold in
the new issue and secondary markets. These obligations include bonds and loans used for the financing of projects or other entities located outside of the U.S.; obligations of sovereign-related and sub-sovereign issuers, such as regions, departments
or their equivalent in each jurisdiction as well as sovereign owned entities that are generally supported by a sovereign state, region or department; and structured finance and asset-backed obligations, which are typically secured by undivided
interests or collateralized by the related assets or, in the case of certain CDS transactions, reference the underlying assets. Certain policies include payments due under CDS and other derivatives, including termination payments that may become due
in certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS contracts. The inclusion of a large number of ineligible mortgage loans in MBIA Corp.-insured RMBS transactions has caused, and may continue
to cause, material losses beyond any stress analyses undertaken at origination; and payments due under credit and other derivatives. At the current time we do not insure any direct sovereign debt. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Corp. had 590 policies outstanding in its insured portfolio. In addition, MBIA Corp. had 139 insurance policies outstanding relating
to liabilities issued by MBIA Inc. and its subsidiaries, which are described further under the section &#147;Other Financial Obligations&#148; below. MBIA Corp.&#146;s total policies are diversified among 379 &#147;credits,&#148; which we define as
any group of issues supported by the same revenue source. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Portfolio Profile </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the gross par amount outstanding of MBIA Corp.&#146;s insured obligations ((excluding $1.7 billion of MBIA insured investment agreements
and medium-term notes (&#147;MTNs&#148;)), and $146.4 billion of U.S. public finance debt ceded to National), was $55.2 billion. Insurance in force for the above portfolio, which includes all insured debt service, as of December&nbsp;31, 2014 was
$76.2 billion. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">5 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. underwrote its policies on the assumption that the insurance would remain in force until maturity of the
insured obligations. MBIA Corp. estimates that the average life of its international and structured finance insurance policies in force as of December&nbsp;31, 2014 was 8.7 years. The average life was determined by applying a calculation using the
remaining years to contractual maturity for international public finance obligations and estimated maturity for structured finance obligations and weighting them on the basis of the remaining debt service insured. No assumptions were made for any
future refundings, early redemptions or terminations of insured issues. Average annual insured debt service on the portfolio as of December&nbsp;31, 2014 was $5.7 billion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The table below shows the diversification by type of insurance that was outstanding as of December&nbsp;31, 2014: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA Corp. Gross Par Amount Outstanding for the International and Structured Finance </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Portfolio by Bond Type as of December&nbsp;31, 2014<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="83%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross&nbsp;Par<BR>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Bond Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Public finance: non-United States</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Sovereign-related and sub-sovereign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10,013</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,215</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,082</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Local governments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total public finance&#151;non-United States</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25,638</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Global structured finance:</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13,848</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,265</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">519</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate asset-backed<SUP STYLE="font-size:85%; vertical-align:top">(4) </SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,656</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29,550</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;55,188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Excludes $1.7 billion relating to investment agreements and MTNs issued by affiliates of the Company and are guaranteed by MBIA Corp. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes municipal-owned entities backed by the sponsoring local government. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(3)&#151;Includes transactions (represented by structured pools of primarily investment grade corporate credit risks, CMBS or other CRE assets) that may
not include typical CDO structuring characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(4)&#151;Includes $3.4 billion of structured insurance securitizations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. is subject to regulatory single-risk limits. See the &#147;Insurance Regulation&#148; section below. As of December&nbsp;31, 2014, MBIA Corp.&#146;s gross
par amount outstanding for its ten largest non-U.S. public finance credits insured totaled $12.3 billion, representing 22.2% of MBIA Corp.&#146;s total international and structured finance gross par amount outstanding, and the gross par outstanding
for its ten largest structured finance credits (without aggregating issues of common issuers), was $12.4 billion, representing 22.4% of the total. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Other MBIA
Inc. Financial Obligations </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to 2008 MBIA Inc. and its subsidiaries raised funds for investment through the issuance of customized investment agreements by
MBIA Inc. and one of its subsidiaries and the&nbsp;issuance of MTNs with varying maturities issued by our subsidiary, GFL. Each of these obligations is guaranteed by MBIA Corp. GFL lent the proceeds of its GFL MTN issuances to MBIA Inc. (&#147;GFL
Loans&#148;). As a result of ratings downgrades of MBIA Corp. MBIA Inc. is required to post collateral for the remaining investment agreements. Since the ratings downgrades of MBIA Corp. that began in 2008, we have not issued MTN&#146;s or
investment agreements in connection with this activity. The investment agreements are currently fully collateralized with high quality assets. We believe the outstanding investment agreements and MTN&#146;s and corresponding asset balances will
continue to decline over time as the liabilities mature, terminate, or are repurchased by the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">6 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Risk Management </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our largest
risk is the credit exposure in our insured portfolio. MBIA&#146;s credit risk management and remediation functions are comprised of different committees and units that oversee risks at transaction origination and in ongoing portfolio monitoring,
surveillance and remediation. MBIA&#146;s Insured Portfolio Management Division monitors and remediates structured finance and international infrastructure risks while National&#146;s surveillance group performs this function with respect to U.S.
public finance transactions. A Restructuring and Remediation Group is responsible for certain transactions that require intensive remediation. National, MBIA Corp. and MBIA UK each have a risk committee to review certain prescribed underwriting
decisions. On an enterprise-wide basis, several executive committees provide risk oversight. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s Risk Oversight Committee (the &#147;Risk Oversight
Committee&#148;) reviews transactions not otherwise reviewable by the subsidiary risk committees, firm-wide risk review, policies and decisions related to credit, market, operational, legal, financial and business risks; the Loss Reserve Committees
review reserve activity; and the Investment Committees review specific transactions and portfolios. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Board of Directors and its Committees oversee risks faced
by the Company and its subsidiaries. The Board regularly evaluates and discusses risks associated with strategic initiatives.&nbsp;On an annual basis, the Board also evaluates and approves the Company&#146;s risk tolerance guidelines.&nbsp;The
purpose of the risk tolerance guidelines is to delineate the types and amounts of risks the Company is prepared to accept. This policy provides the basis upon which risk criteria and procedures are developed and applied consistently across the
Company. The Board&#146;s Audit Committee and its Finance and Risk Committee play an important role in overseeing different types of risks. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Audit Committee
oversees risks associated with financial and other reporting, auditing, legal and regulatory compliance, and risks that may otherwise result from the Company&#146;s operations. The Audit Committee oversees these risks by monitoring (i)&nbsp;the
integrity of the financial statements of the Company and of other material financial disclosures made by the Company, (ii)&nbsp;the qualifications and independence of the Company&#146;s independent auditor, (iii)&nbsp;the performance of the
Company&#146;s internal audit function and independent auditor, (iv)&nbsp;the Company&#146;s compliance policies and procedures and its compliance with legal and regulatory requirements and (v)&nbsp;the performance of the Company&#146;s operational
risk management function. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Finance and Risk Committee oversees the Company&#146;s credit risk governance framework, market risk, liquidity risk and other
material financial risks. The Finance and Risk Committee oversees these risks by monitoring the Company&#146;s: (i)&nbsp;proprietary investment portfolios, (ii)&nbsp;capital and liquidity, (iii)&nbsp;exposure to changes in the market value of assets
and liabilities, (iv)&nbsp;credit exposures in the Insured Portfolios and (v)&nbsp;financial risk policies and procedures, including regulatory requirements and limits. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s Risk Oversight Committee has designated a Models Governance Team. Given the significance of models in the Company&#146;s insurance underwriting,
surveillance and financial reporting operations, corporate treasury operations, among other activities, the Company has established a Models Risk Governance Policy to enhance the reliability, maintainability and transparency of its models so that
models risk can be mitigated on an enterprise-wide basis. The Models Governance Team is responsible for the Models Governance policy as well as other Models Governance related initiatives. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">At each regular meeting of the Board, the Chairs of each of these committees report to the full Board regarding the meetings and activities of their respective
committees. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">7 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insurance, Monitoring and Remediation </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We monitor and remediate our existing insured portfolios on an ongoing basis. Although our monitoring and remediation activities vary somewhat by sector and bond type,
in all cases we focus on assessing event risk and possible losses under stress. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>U.S. Public Finance:</I> For U.S. public finance, our underwriting at origination and ongoing monitoring focuses on economic and political trends, issuer or project debt and financial management, construction and
start up risk, adequacy of historical and anticipated cash flows under stress, satisfactory legal structure and bond security provisions, viable tax and economic bases, including consideration of tax limitations and unemployment trends, adequacy of
stressed loss coverage and project feasibility, including satisfactory reports from consulting engineers, traffic advisors and others, if applicable. Depending on the transaction, specialized cash flow analyses may be conducted to understand loss
sensitivity. In addition, specialized credit analysts consider the potential event risk of natural disasters or headline events on both single transactions and across a sector, as well as regulatory issues. U.S. public finance transactions are
monitored by reviewing trustee, issuer and project financial and operating reports as well as reports provided by technical advisors and counsel. Projects may be periodically visited by National personnel. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>International Public Finance:</I> International public finance transactions are monitored and remediated in a manner relatively consistent with U.S. public finance transactions. In addition, credit analysts consider
country risk, including economic and political factors, the type and quality of local regulatory oversight, the strength of the legal framework in each country and the stability of the local institutional framework. Analysts also monitor local
accounting and legal requirements, local financial market developments, the impact of exchange rates and local demand dynamics. Furthermore, exposures are reviewed periodically; the frequency and scope of review is often increased when an exposure
is downgraded. MBIA personnel may periodically visit projects or issuers to meet with management. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>Structured Finance Transactions:</I> For structured transactions, we focus on the historical and projected cash flows generated by the assets, the credit and operational strength of the originator, servicer, manager
and/or operator of the assets, and the nature of the transaction&#146;s structure (including the degree of protection from bankruptcy of the originator or servicer). We may use both probability modeling and cash flow sensitivity analysis (both at
the transaction and asset specific levels) to test asset performance assumptions and performance covenants, triggers and remedies. In addition, the Insured Portfolio Management Division may use various quantitative tools and qualitative analyses to
test for credit quality, correlation, liquidity and capital sensitivity within the insured portfolio. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Key to our ongoing monitoring is early
detection of deterioration in either transaction credit quality or macroeconomic or market factors that could adversely impact an insured credit. If deterioration is detected, analysts generally evaluate possible remedial actions and, in the event
of significant stress, we may involve a dedicated workout unit, the Restructuring and Remediation Group, to assess and monitor the credit and, if necessary, help develop and implement a remediation strategy. The nature of any remedial action is
based on the type of insured issue and the nature and scope of the event giving rise to the remediation. In most cases, as part of any such remedial activity, we work with the issuer, trustee, legal counsel, financial advisors, servicer, other
creditors, underwriters and/or other related parties to reduce chances of default and the potential severity of loss if a default should occur. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We use an internal
credit rating system to monitor credits, with frequency of review based on risk type, internal rating, performance and credit quality. Credits with performance issues are designated as &#147;Caution List-Low,&#148; &#147;Caution List-Medium&#148; or
&#147;Caution List-High&#148; based on the nature and extent of our concerns, but these categories do not require establishment of any case basis reserves. In the event we determine that a claim for payment is expected with respect to an insured
issue using probability-weighted expected cash flows based on available information, including market data, we place the issue on the &#147;Classified List&#148; and establish a case basis reserve for that insured issue. See &#147;Losses and
Reserves&#148; below for information on our loss reserving process. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">8 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Risk Models </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We use
credit risk models to test qualitative judgments, to design appropriate structures and to understand sensitivity within transactions and across broader portfolio exposure concentrations. Models are updated to reflect changes in both portfolio and
transaction data and also in expectations of stressed future outcomes. For portfolio monitoring we use internal and third-party models based on individual transaction attributes and customized structures and these models are also used to determine
case basis loss reserves and, where applicable, to mark-to-market any insured obligations as may be required for financial reporting. When using third-party models, we generally perform the same review and analyses of the collateral, transaction
structure, performance triggers and cash flow waterfalls as when using our internal models. See &#147;Risk Factors&#151;Insured Portfolio Loss Related Risk Factors&#151;Financial modeling contains uncertainty over ultimate outcomes which makes it
difficult to estimate liquidity, potential paid claims, loss reserves and mark-to-market&#148; in Part I, Item&nbsp;1A of this Form 10-K. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Market Risk Assessment
</I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We measure and assess market risk on a consolidated basis and in our operating subsidiaries. Key market risks are changes in interest rates, credit spreads and
foreign exchange. We use various models and methodologies to test economic exposure under market stress scenarios, including parallel and non-parallel shifts in the yield curve, changes in credit spreads, stressed liquidity scenarios and stressed
counterparty exposures. The analyses are used in testing investment portfolio guidelines. The Risk Oversight Committee and the Finance and Risk Committee of the Company&#146;s Board of Directors receive periodic reports on market risk. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Operational Risk Assessment </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Operational Risk function assesses potential
economic loss or reputational impact arising from processes and controls, systems, or staff actions and seeks to identify vulnerabilities to operational disruptions caused by external events. The Operational Risk framework is generally managed using
a self-assessment process across our business units, with controls associated with the execution of key processes monitored through Internal Audit reviews. The Operational Risk function reports periodically to the Risk Oversight Committee and the
Audit Committee of the Company&#146;s Board of Directors. The Audit Committee reviews the Company&#146;s operational risk profile, risk event activity and ongoing risk mitigation efforts. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Losses and Reserves </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loss and loss adjustment expense (&#147;LAE&#148;)
reserves are established by Loss Reserve Committees in each of our major operating insurance companies (National, MBIA Corp. and MBIA UK) and are reviewed by our executive Loss Reserve Committee, which consists of members of senior management. The
Company&#146;s loss and LAE reserves as of December&nbsp;31, 2014 represent case basis reserves and accruals for LAE incurred. Case basis reserves represent the Company&#146;s estimate of expected losses to be paid under an insurance contract, net
of potential recoveries and discounted using a current risk-free interest rate, when this amount exceeds unearned premium revenue on the related insurance contract. The Company estimates expected losses net of potential recoveries using the present
value of probability-weighted estimated loss payments and recoveries, discounted at a rate equal to the risk-free rate applicable to the currency and weighted average remaining life of the insurance contract as required by accounting principles for
financial guarantee contracts. We record case basis loss reserves on insured obligations which have defaulted or are expected to default. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For a further discussion
of the methodology used by the Company for determining when a case basis reserve is established, see &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#151;Critical Accounting Estimates&#151;Loss and
Loss Adjustment Expense Reserves&#148; in Part II, Item&nbsp;7 of this Form 10-K. Management believes that our reserves are adequate to cover the ultimate net cost of claims. However, because the reserves are based on management&#146;s judgment and
estimates, there can be no assurance that the ultimate liability will not exceed such estimates or that the timing of claims payments and the realization of recoveries will not create liquidity issues for the corresponding insurance company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">9 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Reinsurance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We currently
have third-party reinsurance agreements in place covering 2% of our insured par outstanding. At this time we do not intend to utilize reinsurance to a material degree to decrease the insured exposure in our portfolio or increase our capacity to
write new business; however, we may, from time to time, look to enter into transactions to reduce risks embedded in our insured portfolios on an individual and portfolio-wide basis.</P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Intercompany Reinsurance Arrangements </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the Transformation, MBIA Corp.
and National entered into the MBIA Corp. Reinsurance Agreement as well as an assignment agreement under which MBIA Corp. assigned its rights and obligations under the FGIC Reinsurance Agreement. In addition, National entered into second-to-pay
policies covering the policies covered by each of these agreements. The FGIC Reinsurance Agreement was terminated in 2013 in connection with the novation of the policies covered by the FGIC Reinsurance Agreement to National pursuant to the FGIC
Novation Agreement. Each of these transactions and the terms of those documents are further described under the &#147;Our Insurance Operations&#151;National Insured Portfolio&#148; section above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation has entered into a reinsurance agreement with MBIA UK providing for MBIA Insurance Corporation&#146;s reimbursement of the losses incurred by
MBIA UK in excess of a specified threshold in each calendar year, subject to certain contract limitations, and a net worth maintenance agreement in which MBIA Insurance Corporation agrees to maintain a minimum capital and surplus position at MBIA UK
at the greater of a specified amount or the amount required by U.K. regulations, subject to certain New York State regulatory requirements as well as certain contract restrictions. MBIA Insurance Corporation has also entered into a reinsurance
agreement and net worth maintenance agreement with MBIA Mexico pursuant to which MBIA Insurance Corporation reinsures 100% of the business underwritten by MBIA Mexico and agrees to maintain the amount of capital in MBIA Mexico required by applicable
law or regulation, subject to certain New York State regulatory requirements as well as certain contract restrictions. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Insurance Regulation </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Insurance Corporation are incorporated and subject to primary insurance regulation and supervision by the State of New York. MBIA UK and MBIA Mexico
are organized and subject to primary regulation and supervision in the U.K. and Mexico, respectively. MBIA UK is authorized by the Prudential Regulation Authority (&#147;PRA&#148;) and regulated by the Financial Conduct Authority (&#147;FCA&#148;)
and the PRA in the U.K. The Company&#146;s insurance subsidiaries are also licensed to issue financial guarantee policies in multiple jurisdictions as needed to conduct their business activities. During 2013, MBIA UK was placed in run-off and varied
its scope of permissions such that it is no longer authorized to write new financial guarantee business. It also filed a related scheme of operations with the PRA and the FCA, which they have approved. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The extent of state and national insurance regulation and supervision varies by jurisdiction, but New York, the U.K., Mexico and most other jurisdictions have laws and
regulations prescribing minimum standards of solvency, including minimum capital requirements, and business conduct which must be maintained by insurance companies, and if our insurance companies fail to meet such requirements our regulators may
impose certain remedial actions on us. These laws prescribe permitted classes and concentrations of investments. In addition, some state laws and regulations require the approval or filing of policy forms and rates. MBIA Insurance Corporation and
National each are required to file detailed annual financial statements with the NYSDFS and similar supervisory agencies in each of the other jurisdictions in which it is licensed. MBIA UK makes similar filings with the PRA and the FCA. The
operations and accounts of the insurance companies are subject to examination by these regulatory agencies at regular intervals. In addition to being subject to the insurance laws in the jurisdictions in which we operate, as a condition to obtaining
required insurance regulatory approvals to enter into certain transactions and take certain other corporate actions, including the release of excessive contingency reserves in MBIA Insurance Corporation described below under &#147;Contingency
Reserves&#148; and entry into the asset swap between MBIA Inc. and National described under &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#151;Liquidity&#151;MBIA Inc. Liquidity&#148; in Part II,
Item&nbsp;7 of this Form 10-K, MBIA Inc. and its insurance subsidiaries have and may in the future agree to provide notice to the NYSDFS or other applicable regulators prior to entering into transactions or taking other corporate actions (such as
paying dividends when applicable statutory tests are satisfied) that would not otherwise require regulatory approval. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">10 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>New York Insurance Regulation </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our domestic insurance companies are licensed to provide financial guarantee insurance under Article 69 of the New York Insurance Law (the &#147;NYIL&#148;). Article 69
defines financial guarantee insurance to include any guarantee under which loss is payable upon proof of occurrence of financial loss to an insured as a result of certain events. These events include the failure of any obligor or any issuer of any
debt instrument or other monetary obligation to pay principal, interest, premium, dividend or purchase price of or on such instrument or obligation when due. Under Article 69, our domestic insurance companies are permitted to transact financial
guarantee insurance, surety insurance and credit insurance and such other kinds of business to the extent necessarily or properly incidental to the kinds of insurance which they are authorized to transact. In addition, they are empowered to assume
or reinsure the kinds of insurance described above. Since 2009, both the NYSDFS and the New York legislature have proposed enhanced regulation of financial guarantee insurers which would impose limits on the manner and amount of business written by
the Company. The timing of any amendments to the statutes or regulations governing financial guarantee insurers is uncertain. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>New York State Dividend
Limitations </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The laws of New York regulate the payment of dividends by National and MBIA Corp. and provide that a New York domestic stock property/casualty
insurance company may not declare or distribute dividends except out of statutory earned surplus. New York law provides that the sum of (i)&nbsp;the amount of dividends declared or distributed during the preceding 12-month period and (ii)&nbsp;the
dividend to be declared may not exceed the lesser of (a)&nbsp;10% of policyholders&#146; surplus, as shown by the most recent statutory financial statement on file with the NYSDFS, or (b)&nbsp;100% of adjusted net investment income for such 12-month
period (the net investment income for such 12-month period plus the excess, if any, of net investment income over dividends declared or distributed during the two-year period preceding such 12-month period), unless the New York Superintendent of
Insurance approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligations and writings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National declared and paid a dividend of $220 million to its ultimate parent, MBIA Inc., in the fourth quarter of 2014 following notice to the NYSDFS. As a condition to
the NYSDFS&#146; approval of the Asset Swap between MBIA Inc. and National, the NYSDFS requested that, until the notional amount of the Asset Swap has been reduced to 5% or less of National&#146;s admitted assets, each of MBIA Inc., MBIA Corp. and
National provide the NYSDFS with three months prior notice, or such shorter period as the NYSDFS may permit, of its intent to initiate cash dividends on shares of its common stock. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Due to its significant negative earned surplus, MBIA Corp. has not had the statutory capacity to pay dividends since December&nbsp;31, 2009 and is not expected to have
any statutory capacity to pay any dividends for the foreseeable future. In connection with MBIA Corp. obtaining approval from the NYSDFS to release excessive contingency reserves as of September&nbsp;30, 2011,&nbsp;December&nbsp;31, 2011 and
March&nbsp;31, 2012, MBIA Corp. agreed that it would not pay any dividends without prior approval from the NYSDFS. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The foregoing dividend limitations are
determined in accordance with statutory accounting principles (&#147;U.S. STAT&#148;), which generally produce statutory earnings in amounts less than earnings computed in accordance with accounting principles generally accepted in the U.S.
(&#147;GAAP&#148;). Similarly, policyholders&#146; surplus, computed on a U.S. STAT basis, will normally be less than net worth computed on a GAAP basis. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Dividend limitations on MBIA UK </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA UK&#146;s investment portfolio accounts
for over 50% of MBIA Corp.&#146;s investment portfolio as of December&nbsp;31, 2014. MBIA UK is currently in run-off and would require prior approval from the PRA to pay dividends to MBIA Insurance Corporation. There is no certainty such approval
will be given for the foreseeable future. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">11 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Contingency Reserves </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As
financial guarantee insurers, our domestic insurance companies are required by the laws and regulations of New York, California, Connecticut, Florida, Illinois, Iowa, Maryland, New Jersey and Wisconsin to maintain, as applicable, contingency
reserves on their municipal bond, asset-backed securities (&#147;ABS&#148;) or other financial guarantee liabilities. Under New Jersey, Illinois and Wisconsin regulations, contributions by an insurance company to its contingency reserves are
required to equal 50% of earned premiums on its municipal bond business. Under New York law, a financial guarantee insurance company is required to contribute to contingency reserves 50% of premiums as they are earned on policies written prior to
July&nbsp;1, 1989 (net of reinsurance), and, with respect to policies written on and after July&nbsp;1, 1989, such an insurer must make contributions over a period of 15 or 20 years (based on issue type), or until the contingency reserve for such
insured issues equals the greater of 50% of premiums written for the relevant category of insurance or a percentage of the principal guaranteed, varying from 0.6% to 2.5%, depending upon the type of obligation guaranteed (net of collateral,
reinsurance, refunding, refinancings and certain insured securities). California, Connecticut, Florida, Iowa and Maryland laws impose a generally similar requirement, and in California the insurance commissioner can require an insurer to maintain
additional reserves if the commissioner determines that the insurer&#146;s reserves are inadequate. The contribution to, and maintenance of, the contingency reserve limit the amount of earned surplus that might otherwise be available for the payment
of dividends. In each of these states, our domestic insurance companies may apply for release of portions of their contingency reserves in certain circumstances. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Risk Limits </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Insurance laws and regulations also limit both the aggregate and
individual securities risks that our domestic insurance companies may insure on a net basis based on the type of obligations insured. The individual limits are generally on the amount of insured par and/or annual debt service for a given insured
issue, entity or revenues source and stated as a percentage of the insurer&#146;s policyholders&#146; surplus and contingency reserves. The aggregate risk limits limit the aggregate amount of insured par to a stated multiple of the insurer&#146;s
policyholders&#146; surplus and contingency reserves based on the types of obligations insured. The aggregate risk limits can range from 300:1 for certain municipal obligations to 50:1 for certain non-municipal obligations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Currently, National is in compliance with the aggregate risk limits and has one single risk limit overage. In 2014 and 2013, MBIA Corp. reported single risk limit
overages to the NYSDFS due to changes in its statutory capital. In addition, MBIA Corp. currently exceeds its aggregate risk limit as of December&nbsp;31, 2013. MBIA Corp. notified the NYSDFS of the overages and submitted a plan to achieve
compliance with the limits in accordance with the NYIL. If MBIA Corp. is not in compliance with its aggregate risk limits, the NYSDFS may prevent MBIA Corp. from transacting any new financial guarantee insurance business until it no longer exceeds
the limitations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Holding Company Regulation </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc., National and
MBIA Corp. also are subject to regulation under the insurance holding company statutes of New York. The requirements of holding company statutes vary from jurisdiction to jurisdiction but generally require insurance companies that are part of an
insurance holding company system to register and file certain reports describing, among other information, their capital structure, ownership and financial condition. The holding company statutes also generally require prior approval of changes in
control, of certain dividends and other inter-corporate transfers of assets, and of certain transactions between insurance companies, their parents and affiliates. The holding company statutes impose standards on certain transactions with related
companies, which include, among other requirements, that all transactions be fair and reasonable and those transactions not in the ordinary course of business exceeding specified limits receive prior regulatory approval. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">12 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Change of Control </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior
approval by the NYSDFS is required for any entity seeking to acquire, directly or indirectly, &#147;control&#148; of National or MBIA Corp. In many states, including New York, &#147;control&#148; is presumed to exist if 10% or more of the voting
securities of the insurer are owned or controlled, directly or indirectly, by an entity, although the insurance regulator may find that &#147;control&#148; in fact does or does not exist when an entity owns or controls either a lesser or greater
amount of securities. The PRA also has a requirement for prior approval of changes to any controlling person of MBIA Inc., MBIA Insurance Corporation or MBIA UK. MBIA Corp. would require the prior approval of MBIA Mexico&#146;s regulator in order to
transfer the shares it currently holds in MBIA Mexico. To the Company&#146;s knowledge, each MBIA Inc. shareholder who owns 10% or more of MBIA Inc.&#146;s outstanding common stock as of December&nbsp;31, 2014 has received appropriate approvals or
determinations of non-control in connection with its investment. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insurance Guarantee Funds </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Corp. are exempt from assessments by the insurance guarantee funds in the majority of the states in which they do business. Guarantee fund laws in most
states require insurers transacting business in the state to participate in guarantee associations, which pay claims of policyholders and third-party claimants against impaired or insolvent insurance companies doing business in the state. In most
states, insurers licensed to write only municipal bond insurance, financial guarantee insurance and other forms of surety insurance are exempt from assessment by these funds and their policyholders are prohibited from making claims on these funds.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insured Credit Default Swaps </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain of our insurance policies
guarantee payments due under CDS and other derivatives. In July of 2010, the Dodd-Frank Reform and Consumer Protection Act (the &#147;Dodd-Frank Act&#148;) was signed into law for the purpose of enacting broad financial industry regulatory reform,
including by enhancing regulation of the over-the-counter derivatives markets. Among other reforms, the Dodd-Frank Act requires &#147;swap dealers&#148; and &#147;major swap participants&#148; to register with either or both of the Commodity Futures
Trading Commission (&#147;CFTC&#148;) and the Securities and Exchange Commission (&#147;SEC&#148;), and to be subject to enhanced regulation, including capital requirements. MBIA Corp. registered with the CFTC as a major swap participant and on an
ongoing basis is required to comply with the CFTC&#146;s business conduct rules as applied to portfolios in place prior to the enactment of the Dodd-Frank Act. We expect MBIA Corp. will de-register as a major swap participant in 2015 as the notional
amount and fair value of its CDS exposures have declined below the registration thresholds. The CFTC and SEC have promulgated rules to implement this enhanced regulatory framework, including final rules that require the Company to include its legacy
insured derivatives in tests used to determine whether it is a major swap participant. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OUR ADVISORY SERVICES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Until January of 2015, we conducted our asset management advisory services business through two registered investment adviser subsidiaries of Cutwater Holdings, LLC
(together, &#147;Cutwater&#148;), a wholly-owned subsidiary of MBIA Inc. The Company had $21.3 billion in institutional assets under management as of December&nbsp;31, 2014, including $10.1 billion from the Company and its subsidiaries. Effective
January&nbsp;1, 2015, we completed the sale of Cutwater to the Bank of New York Mellon Corporation. This transaction had a positive but immaterial impact on the Company&#146;s financial position and results of operations. In connection with the
sale, the Company and its subsidiaries entered into investment management agreements for Cutwater to manage their respective fixed-income investment portfolios for the next five years. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Other Advisory Services </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2014, we exited the advisory and asset management
services business in the European Union. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">13 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OUR CONDUIT BUSINESS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2014, our conduit segment was operated primarily through Meridian. Meridian was used by banks and other financial institutions to raise funds through MTN issuances.
The proceeds from these issuances were used to either make loans to customers that were secured by certain assets or to purchase assets from customers. During 2014, we retired Meridian&#146;s remaining $129 million outstanding MTNs, and completed
the liquidation of Meridian. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>INVESTMENTS AND INVESTMENT POLICY </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment objectives, policies and guidelines related to the Company&#146;s businesses are generally subject to review and approval by the Finance and Risk Committee
of the Board of Directors. Investment objectives, policies and guidelines related to investment activity on behalf of our insurance companies are also subject to review by the respective Investment Committee of their Boards of Directors or similar
body. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Cutwater manages the proprietary investment portfolios of the Company and its subsidiaries in accordance with the guidelines adopted for each such portfolio.
In connection with the sale of Cutwater, the Company and its subsidiaries entered into investment management agreements with Cutwater (the &#147;Cutwater Agreements&#148;). The Cutwater Agreements provide generally that Cutwater will have the
exclusive right to manage the fixed-income investment portfolios of the company and its subsidiaries for a period of five years and guarantee certain minimum revenues thereunder. The Cutwater Agreements are subject to early termination under certain
conditions including if certain performance objectives are not met. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To continue to optimize capital resources and provide for claims-paying capabilities, the
investment objectives and policies of our insurance operations are tailored to reflect their various strategies and operating conditions. The investment objectives of MBIA Corp. are primarily to maintain adequate liquidity to meet claims-paying and
other corporate needs and secondarily to maximize after-tax income within defined investment risk limits. The investment objectives of National set preservation of capital as the primary objective, subject to an appropriate degree of liquidity, and
optimization of after-tax income and total return as secondary objectives. The investment objectives of the corporate segment are to provide sufficient liquidity to meet maturing liabilities and, in the case of the investment agreement business
collateral posting obligations, while maximizing the net residual value of assets to liabilities in each program. The investment portfolio of each subsidiary is managed by Cutwater under separate investment services agreements. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>COMPETITION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National competes with other monoline insurance
companies, as well as other forms of credit enhancement, in writing financial guarantee business. We anticipate that for the foreseeable future virtually all of our new insurance business will be written through National in the U.S. public finance
sector. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our ability to attract and compete for U.S. public finance financial guarantee business is largely dependent on the financial strength ratings assigned to
National by the major rating agencies. See &#147;Rating Agencies&#148; below for information on the Company&#146;s current financial strength ratings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There are
currently two other bond insurers actively engaged in the U.S. public finance insurance market. We have observed significant competition for business between these financial guarantors, and as a result opportunities to write new business with
attractive returns have been limited. In addition, National&#146;s absence from the municipal market for several years and the need to rebuild National&#146;s name recognition has also affected its ability to write new business. We expect the impact
of this factor on National&#146;s ability to attract new business to decline as National writes more new business. In addition, the percentage of new public finance issuances with a financial guarantee has decreased significantly since the financial
crisis, and the inability of financial guarantee insurers to maintain or achieve high ratings could diminish acceptance of the product and enhance the appeal of other forms of credit enhancement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">14 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial guarantee insurance competes with other forms of credit enhancement. Commercial banks provide letters of
credit as a means of credit enhancement for municipal securities. In 2014, the use of letters of credit as an alternative to financial guarantee insurance within the U.S. municipal market was far below its peak in 2009; however, letters of credit
have remained a presence in the market. Direct lending by banks to municipal issuers also reduces demand for credit enhancement. Other highly rated institutions, including pension funds and government sponsored entities, also offer third-party
credit enhancement on municipal obligations. Financial guarantee insurance and other forms of credit enhancement also compete in nearly all instances with the issuer&#146;s alternative of foregoing credit enhancement. If the interest savings from
insurance or another form of credit enhancement are not greater than the cost of such credit enhancement, the issuer will generally choose to issue bonds without third-party enhancement. All of these alternative forms of credit enhancement or
alternative executions could also affect our ability to write new business with attractive returns. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We expect that MBIA Corp.&#146;s credit ratings will continue
to constrain its ability to write new business in the foreseeable future. It remains uncertain how or when the Company may re-engage in the international and structured finance insurance markets. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>RATING AGENCIES </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Rating agencies perform periodic reviews of
our insurance companies and other companies providing financial guarantee insurance. In rating financial guarantee companies, rating agencies focus on qualitative and quantitative characteristics in certain key areas, including: (1)&nbsp;franchise
value and business strategy; (2)&nbsp;insurance portfolio characteristics; (3)&nbsp;capital adequacy; (4)&nbsp;profitability; (5)&nbsp;financial flexibility; and (6)&nbsp;risk management framework. Each agency has its own ratings criteria for
financial guarantors and employs proprietary models to assess our risk adjusted leverage, risk concentrations and financial performance relative to the agency&#146;s standards. The agencies also assess our corporate governance and factor this into
their rating assessment. Currently, S&amp;P, Moodys and Kroll rate the Company and its insurance companies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our ability to attract and compete for U.S. public
finance financial guarantee business is largely dependent on the financial strength ratings assigned to National by the major rating agencies. In 2014, Kroll assigned National a AA+ with a stable outlook insurer financial strength rating. In
addition, S&amp;P upgraded National to AA- with a stable outlook and Moodys upgraded National to A3 and subsequently moved its outlook to negative from stable. With these current ratings National seeks to support the credit enhancement needs of
municipal debt issuers across the U.S. We expect that the credit ratings of MBIA Insurance Corporation and its subsidiaries will continue to constrain its ability to write new business for the foreseeable future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There can be no assurance that National will be able to maintain high ratings. The absence of high ratings from S&amp;P, and Moody&#146;s or alternative rating agencies
could adversely impact our ability to write new insurance business and the premiums we can charge, and could diminish the future acceptance of our financial guarantee insurance products. See &#147;Risk Factors&#151;Strategic Plan Related Risk
Factors&#151;An inability to achieve high stable insurer financial strength ratings for National or to generate investor demand for our financial guarantees may adversely affect our results of operations and business prospects.&#148; in Part I,
Item&nbsp;1A of this Form 10-K. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s, MBIA Insurance Corporation&#146;s and MBIA Inc.&#146;s current financial strength ratings from Kroll, S&amp;P and
Moody&#146;s and are summarized below: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Agency</B></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>Rating / Outlook</B></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">National</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">MBIA&nbsp;Insurance&nbsp;Corporation</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">MBIA Inc.</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Kroll</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA+&nbsp;/&nbsp;Stable&nbsp;outlook</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">S&amp;P</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA- / Stable outlook</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">B / Stable outlook</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A-/&nbsp;Stable&nbsp;outlook</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Moody&#146;s</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A3&nbsp;/&nbsp;Negative&nbsp;outlook</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">B2 / Stable outlook</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Ba1&nbsp;/&nbsp;Negative&nbsp;outlook</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">15 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CAPITAL FACILITIES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company does not currently maintain a capital facility. For a discussion of the Company&#146;s capital resources see &#147;Management&#146;s Discussion and Analysis
of Financial Condition and Results of Operations&#151;Capital Resources&#148; in Part II, Item&nbsp;7 of this Form 10-K. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>FINANCIAL INFORMATION
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For information on the Company&#146;s financial information by segment and premiums earned by geographic location, see &#147;Note 12: Business Segments&#148;
in the Notes to Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part II, Item&nbsp;8 of this Form 10-K. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>EMPLOYEES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the Company had 252 employees, including 114 in MBIA Services, 37 in National, 16 in MBIA Corp., 72 in Cutwater and 13 in Trifinium
Services Limited, our services company in the U.K. Effective with the Cutwater sale on January&nbsp;1, 2015, the Company had 180 employees. None of the Company&#146;s employees are covered by collective bargaining agreements. The Company considers
its employee relations to be satisfactory. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>AVAILABLE INFORMATION </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains a website at www.mbia.com. The Company is not including the information on its website as a part of, nor is it incorporating such information by
reference into, this Form 10-K. The Company makes available through its website under the &#147;SEC Filings&#148; tab, free of charge, all of its SEC filings, including annual reports on Form 10-K, quarterly filings on Form 10-Q, current reports on
Form 8-K and amendments to those reports as soon as is reasonably practicable after these materials have been filed with or furnished to the SEC. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a courtesy,
the Company posts on its website under the section &#147;Legal Proceedings,&#148; selected information and documents in reference to selected legal proceedings in which the Company is the plaintiff or the defendant. The Company will not necessarily
post all documents for each proceeding and undertakes no obligation to revise or update them to reflect changes in events or expectations. The complete official court docket can be publicly accessed by contacting the clerk&#146;s office of the
respective court where each litigation matter is pending. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>EXECUTIVE OFFICERS OF THE REGISTRANT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The executive officers of the Company and their present ages and positions with the Company as of March&nbsp;2, 2015 are set forth below: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="71%"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Name</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Age</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Position and Term of Office</B></P></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Joseph W. Brown</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">66</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Chief Executive Officer and Director (officer since February 2008)</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">C. Edward Chaplin</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">58</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">President, Chief Financial Officer and Chief Administrative Officer (officer since June 2006)</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">William C. Fallon</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">55</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">President and Chief Operating Officer (officer since July 2005)</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ram D. Wertheim</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">60</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Executive Vice President, Chief Legal Officer and Secretary (officer since January 2000)</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Anthony McKiernan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">45</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Executive Vice President and Chief Portfolio Officer (officer since August&nbsp;2011)</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">16 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Joseph W. Brown is Chief Executive Officer and a director of the Company. Mr.&nbsp;Brown assumed the roles of Chairman,
CEO and director in February of 2008 after having retired as Executive Chairman of MBIA in May of 2007. In May of 2009, the Company&#146;s Board of Directors accepted Mr.&nbsp;Brown&#146;s recommendation to separate the roles of Chairman and CEO and
elected Daniel P. Kearney as Non-Executive Chairman, with Mr.&nbsp;Brown continuing in the roles of CEO and director. Mr.&nbsp;Brown also serves as Chairman of MBIA Corp. Until May of 2004, Mr.&nbsp;Brown had served as Chairman and CEO of MBIA and
MBIA Corp. Mr.&nbsp;Brown originally joined the Company as CEO in January of 1999 after having been a director since 1986, and became Chairman in May of 1999. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to joining MBIA in 1999, Mr.&nbsp;Brown was Chairman and CEO of Talegen Holdings, Inc., an insurance holding company. Before his election as Chairman and CEO of
Talegen, Mr.&nbsp;Brown was President and CEO of Fireman&#146;s Fund Insurance Company. Mr.&nbsp;Brown joined Fireman&#146;s Fund in 1974. He held numerous executive positions including Chief Financial Officer at the time of its IPO in 1985 from
American Express and President and Chief Operating Officer at the time of its sale to Allianz AG in 1990. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Mr.&nbsp;Brown served on the board of Oxford Health Plans
from 2000 to 2004 and on the Board of Fireman&#146;s Fund Holdings prior to the sale of its insurance subsidiary to Allianz. He served on the Safeco Corporation board from 2001 to September of 2008 and was elected Non-executive Chairman in January
of 2006. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Board of Directors of MBIA Inc. appointed Messrs. Chaplin, Fallon and Wertheim to the offices set forth opposite their names above on November&nbsp;6,
2008 and appointed Mr.&nbsp;McKiernan to the offices set forth opposite his name above on May&nbsp;1, 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to being named President, Chief Financial Officer
and Chief Administrative Officer, C. Edward Chaplin was Vice President and Chief Financial Officer of the Company. Mr.&nbsp;Chaplin also serves as Chief Financial Officer of MBIA Corp. and President, Chief Executive Officer and Chief Administrative
Officer of MBIA Services Corporation. Prior to becoming an officer of the Company in June of 2006, Mr.&nbsp;Chaplin had served as a director of the Company from December of 2002 to May of 2006 and as Senior Vice President and Treasurer of Prudential
Financial Inc. since November of 2000, responsible for Prudential&#146;s capital and liquidity management, corporate finance, and banking and cash management. Mr.&nbsp;Chaplin had been with Prudential since 1983. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to being named President and Chief Operating Officer, William C. Fallon was Vice President of the Company and head of the Global Structured Finance Division.
Mr.&nbsp;Fallon also serves as President and Chief Executive Officer of National. From July of 2005 to March&nbsp;1, 2007, Mr.&nbsp;Fallon was Vice President of the Company and head of Corporate and Strategic Planning. Prior to joining the Company
in 2005, Mr.&nbsp;Fallon was a partner at McKinsey&nbsp;&amp; Company and co-leader of that firm&#146;s Corporate Finance and Strategy Practice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to being
named Executive Vice President, Chief Legal Officer and Secretary, Ram D. Wertheim was Vice President, General Counsel and Secretary of the Company. Mr.&nbsp;Wertheim also serves as General Counsel and Secretary of MBIA Corp. and MBIA Services
Corporation. From February of 1998 until January of 2000, he served in various capacities in the Global Structured Finance Division. Mr.&nbsp;Wertheim was, until February of 1998, the General Counsel of CMAC Holdings Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to being named Executive Vice President and Chief Portfolio Officer on May&nbsp;1, 2012, Anthony McKiernan was appointed Vice President and Chief Portfolio
Officer of the Company on August&nbsp;3, 2011. Mr.&nbsp;McKiernan is also the President, Chief Operating Officer and Chief Risk Officer of MBIA Corp. Mr.&nbsp;McKiernan joined MBIA in 2000 as a vice president in the Credit Analytics Group, and
managed the Corporate Insured Portfolio Management Group prior to becoming the Head of the Structured Finance Insured Portfolio Management Group in 2007. Before working at MBIA, Mr.&nbsp;McKiernan was with Fleet Financial Group where he began his
career as a Credit Analyst/ Lender in asset-based lending. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_2"></A>Item&nbsp;1A. Risk Factors </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">References in the risk factors to the &#147;Company&#148; are to MBIA Inc., together with its domestic and international subsidiaries. References to &#147;we,&#148;
&#147;our&#148; and &#147;us&#148; are to MBIA Inc. or the Company, as the context requires. Our risk factors are grouped into categories and are presented in the following order: &#147;Insured Portfolio Loss Related Risk Factors&#148;,
&#147;Strategic Plan Related and Other Risk Factors&#148;, &#147;Capital, Liquidity and Market Related Risk Factors&#148; and &#147;MBIA Corp. Risk Factors.&#148; Risk factors are listed in order of significance within each category. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">17 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><U>Insured Portfolio Loss Related Risk Factors </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Some of the state, local and territorial governments and finance authorities that issue&nbsp;public finance obligations we insure are experiencing unprecedented
fiscal stress that could result in increased credit losses or impairments on those obligations. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We have historically experienced low levels of defaults in
our United States (&#147;U.S.&#148;) public finance insured portfolio, including during the financial crisis that began in mid-2007. Although the financial condition of many state, local and territorial governments and finance authorities that issue
the obligations we insure has improved since the financial crisis, some issuers continue to report fiscal stress that has required them to significantly raise taxes or cut spending in order to satisfy their obligations. In particular, certain
jurisdictions have significantly underfunded pension liabilities which are placing additional stress on their finances and are particularly challenging to restructure either through negotiation or under Chapter 9 of the United States Bankruptcy
Code. If the issuers of the obligations in our public finance portfolio are unable to raise taxes, cut spending, or receive state or federal assistance, we may experience losses or impairments on those obligations, which could materially and
adversely affect our business, financial condition and results of operations. This severe financial stress could result in more Chapter 9 proceedings in states where municipal issuers are permitted to seek bankruptcy protection. In these
proceedings, which remain rare, the resolution of bondholder claims (and by extension those of bond insurers) remains uncertain and subject to further litigation in several pending cases. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss reserve estimates and credit impairments are subject to additional uncertainties and loss reserves may not be adequate to cover potential claims.
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The financial guarantees issued by our insurance companies insure the financial performance of the obligations guaranteed over an extended period of time,
in some cases over 30 years, under policies that we have, in most circumstances, no right to cancel. We do not use traditional actuarial approaches to determine our loss reserves. The establishment of the appropriate level of loss reserves is an
inherently uncertain process involving numerous estimates and subjective judgments by management, and therefore, there can be no assurance that actual paid claims in our insured portfolio will not exceed its loss reserves. If our loss reserves are
not adequate to cover actual paid claims, our results of operations and financial condition could be materially adversely affected. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Additionally, we use both
internal models as well as models generated by third-party consultants and customized by us to project future paid claims on our insured portfolio and establish loss reserves. Since our insured credit derivatives have similar terms, conditions,
risks, and economic profiles to our financial guarantee insurance policies, we evaluate them for impairment periodically in the same way that we estimate loss and LAE for our financial guarantee policies. There can be no assurance that the future
loss projections based on these models are accurate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Small changes in the assumptions underlying these estimates could significantly impact loss expectations. For
example, our loss reserves are discounted to a net present value reflecting MBIA&#146;s general obligation to pay claims over time and not on an accelerated basis. Risk-free rates are used to discount our loss reserves under accounting principles
generally accepted in the U.S., and the yield-to-maturity of each insurer&#146;s investment portfolio as of year-end is used to discount each insurer&#146;s loss reserves under statutory accounting principles. Accordingly, changes in the risk-free
rates or the yield in our insurers&#146; investment portfolios may materially impact loss reserves. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Political and economic conditions in the United States,
the Eurozone and elsewhere may materially adversely affect our business and results of operations. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a financial guarantee company, our insured exposures
and our results of operations can be materially affected by general economic conditions, both in the U.S. and around the world. General global unrest, fraud, terrorism, catastrophic events, natural disasters, pandemics or similar events could
disrupt the economy in the U.S. and other countries where we have insured exposure or operate our businesses. In certain jurisdictions outside the U.S. we face higher risks of governmental intervention through nationalization or expropriation of
assets, changes in regulation, an inability to enforce our rights in court or otherwise and corruption, which may cause us to incur losses on the exposures we insure or reputational harm. For a discussion of the Company&#146;s exposure to sovereign
debt, see &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#151;European Sovereign Debt Exposure&#148; in Part II, Item&nbsp;7 of this Form 10-K. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">18 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Budget deficits at all levels of government in the U.S., recessions, increases in corporate, municipal, sovereign,
sub-sovereign or consumer default rates and other general economic conditions may adversely impact the Company&#146;s prospects for future business, as well as the performance of our insured portfolios and the Company&#146;s investment portfolio. In
addition, we are exposed to correlation risk as a result of the possibility that multiple credits will experience losses as a result of any such event or series of events, in particular exposures that are backed by revenues from business and
personal travel, such as aircraft securitizations and bonds backed by hotel taxes and car rental fleet securitizations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial modeling involves
uncertainty over ultimate outcomes, which makes it difficult to estimate liquidity, potential paid claims, loss reserves and fair values. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company uses
third-party and internal financial models to estimate liquidity, potential paid claims, loss reserves and fair values. We use internal financial models to conduct liquidity stress-scenario testing to ensure that we maintain cash and liquid
securities in an amount in excess of all stress scenario payment requirements. These measurements are performed on a legal entity and operating segment basis. We also rely on financial models, generated internally and supplemented by models
generated by third parties, to estimate factors relating to the highly complex securities we insure, including future credit performance of the underlying assets, and to evaluate structures, rights and our potential obligations over time. We also
use internal models for ongoing portfolio monitoring and to estimate case basis loss reserves and, where applicable, to report our obligations under our contracts at fair value. We may supplement such models with third-party models or use
third-party experts to consult with our internal modeling specialists. Both internal and external models are subject to model risk and there can be no assurance that these models are accurate or comprehensive in estimating our liquidity, potential
future paid claims, related loss reserves and fair values or that they are similar to methodologies employed by our competitors, counterparties or other market participants. Estimates of our future paid claims, in particular, may materially impact
our liquidity position. In addition, changes to our paid claims, loss reserve or fair value models have been made recently and may be warranted in the future. These changes could materially impact our financial results. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Our risk management policies and procedures may not detect or prevent future losses. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We assess our risk management policies and procedures on a periodic basis. As a result of such assessment, we may take steps to change our internal risk assessment
capabilities and procedures, our portfolio management policies, systems and processes and our policies and procedures for monitoring and assessing the performance of our insured portfolio in changing market conditions. There can be no assurance,
however, that these steps will be adequate to avoid future losses. In some cases, losses can be substantial, particularly if a loss occurs on a transaction in which we have a large notional exposure or on a transaction structured with large,
bullet-type principal maturities. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><U>Strategic Plan Related and Other Risk Factors </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>An inability to maintain high stable insurer financial strength ratings for National or to generate investor demand for our financial guarantees may adversely
affect our results of operations and business prospects. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There is no assurance that we will be able to maintain or increase National&#146;s ratings. Many
requirements imposed by the rating agencies in order for our insurance companies to maintain high insurer financial strength ratings are outside of our control, and such requirements may necessitate that we raise additional capital or take other
remedial actions in a relatively short time frame in order to achieve or maintain the ratings necessary to attract new business and compete with other financial guarantee insurers and could make the conduct of the business uneconomical. Our
inability to raise capital on favorable terms could therefore materially adversely affect our business prospects. Furthermore, no assurance can be given that we will successfully comply with rating agency requirements, that these requirements or the
related models and methodologies will not change or that, even if we comply with these requirements, one or more rating agency will not lower or withdraw its financial strength ratings with respect to any of our insurance companies. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">19 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition, no assurance can be given that investor demand for our guarantees will increase regardless of our ratings.
Finally, our inability to come into compliance with the rating agency and regulatory single risk limits that National exceeds may also prevent us from writing future new business in the categories of risks that were exceeded, in the case of the
regulatory limits, or result in an inability to achieve or maintain our desired ratings, in the case of rating agency limits, and may adversely affect our business prospects, and our failure to come into compliance with these guidelines and rules
increases the risk of experiencing a large single loss or series of losses. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Future demand for financial guarantee insurance depends on market and other
factors that we do not control. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The demand for municipal financial guarantee insurance depends upon many factors, some of which are beyond the control of
the Company. Our ability to attract and compete for financial guarantee business in the municipal market is largely dependent on the financial strength ratings assigned to National by one or more of the major rating agencies. It is also affected by
the overall amount of new municipal bonds issued as well as level of interest rates and the spread between insured and uninsured bonds. In addition, the perceived financial strength of other financial guarantee insurers also affects demand for
financial guarantee insurance. The impact of the financial crisis on certain participants in the financial guarantee industry may have eroded investors&#146; confidence in the benefits of bond insurance. We do not expect the demand for municipal
financial guarantee insurance to regain its former levels in the near term, if ever. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We believe that issuers and investors distinguish among financial guarantors
on the basis of various factors, including rating agency assessment, capitalization, size, insured portfolio concentration and financial performance. These distinctions may result in differentials in trading levels for securities insured by
particular financial guarantors which, in turn, may provide a competitive advantage to those financial guarantors with better trading characteristics. In addition, various investors may, due to regulatory or internal guidelines, lack additional
capacity to purchase securities insured by certain financial guarantors, which may provide a competitive advantage to guarantors with fewer insured obligations outstanding. Differentials in trading values or investor capacity constraints that do not
favor us would have an adverse effect on our ability to attract new business at appropriate pricing levels. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Competition may have an adverse effect on our
businesses. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National faces competition from other financial guarantee insurance companies and other forms of credit enhancement, including
senior-subordinated structures, credit derivatives, letters of credit and guarantees (for example, mortgage guarantees where pools of mortgage loans secure debt service payments) provided by banks and other financial institutions. We have observed
increased competition for business among the active financial guarantors, and opportunities to write new business with attractive returns may be limited. Increased competition, either in terms of price, alternative structures, or the emergence of
new providers of credit enhancement, could have an adverse effect on our insurance companies&#146; business prospects. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Downgrades of the ratings of
securities that we insure may materially adversely affect our business, results of operations and financial condition. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Individual credits in our insured
portfolio (including potential new credits) are assessed a rating agency &#147;capital charge&#148; based on a variety of factors, including the nature of the credits&#146; risk types, underlying ratings, tenor and expected and actual performance.
In the event of an actual or perceived deterioration in creditworthiness, a reduction in the underlying rating or a change in the rating agency capital methodology, we may be required to hold more capital in reserve against credits in the insured
portfolio, regardless of whether losses actually occur, or against potential new business. Significant reductions in underlying ratings of credits in an insured portfolio can produce significant increases in assessed &#147;capital charges.&#148;
There can be no assurance that each of our insurance company&#146;s capital position will be adequate to meet any increased rating agency reserve requirements or that each insurance company will be able to secure additional capital necessary to
support increased reserve requirements, especially at a time of actual or perceived deterioration in creditworthiness of new or existing credits. Unless we were able to increase available capital, an increase in capital charges could reduce the
amount of capital available to support our ratings and could have an adverse effect on our ability to write new business. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">20 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Regulatory change could adversely affect our businesses, and regulations limit investors&#146; ability to effect
a takeover or business combination that shareholders might consider in their best interests. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The financial guarantee insurance industry has historically
been and will continue to be subject to the direct and indirect effects of governmental regulation, including insurance laws, securities laws, tax laws, legal precedents and accounting rules affecting asset-backed and municipal obligations, as well
as changes in those laws. These laws limit investors&#146; ability to affect a takeover or business combination without the approval of our insurance regulators, and the failure to comply with applicable laws and regulations could expose our
insurance companies, their directors or shareholders to fines, the loss of their insurance licenses, and the inability to engage in certain business activity, as the case may be. In addition, future legislative, regulatory or judicial changes could
adversely affect National&#146;s ability to pursue business, materially impacting our financial results. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While it is not possible to predict if new laws,
regulations or interpretations will be enacted or the impact they would have, any changes to such laws and regulations or the NYSDFS&#146; interpretation thereof could subject us to further restrictions on the type of business that it is authorized
to insure, especially in the structured finance area. Any such restrictions could have a material effect on the amount of premiums that we earn in the future. Additionally, any changes to such laws and regulations could subject our insurance
companies to increase reserving and capital requirements or more stringent regulation generally, which could materially adversely affect our financial condition, results of operations and future business. Finally, changes to accounting standards and
regulations may require modifications to our accounting methodology, both prospectively and for prior periods; and such changes could have an adverse impact on our reported financial results and/or make it more difficult for investors to understand
the economics of our business, and may thus influence the types or volume of business that we may choose to pursue. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Developments in the regulation of
derivatives may create additional burdens on the Company. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. registered with the Commodity Futures Trading Commission (&#147;CFTC&#148;) as a major
swap participant and on an ongoing basis is required to comply with the CFTC&#146;s business conduct rules as applied to portfolios in place prior to the enactment of the Dodd Frank Reform and Consumer Protection Act. The CFTC and SEC have
promulgated rules to implement this enhanced regulatory framework, including final rules that require the Company to include its legacy insured derivatives in tests used to determine whether it is a major swap participant. Because the CFTC has not
yet issued final rules establishing capital requirements for major swap participants, the ultimate impact of such requirements on MBIA Corp. is not yet clear. However, to the extent that MBIA Corp. becomes subject to significant additional capital
requirements, it is unlikely that MBIA Corp. will be able to meet those standards. We expect MBIA Corp. to become deregistered as a major swap participant effective as of March&nbsp;30, 2015. See &#147;Insured Credit Default Swaps&#148; in Part 1,
Item&nbsp;1 of this Form 10-K. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Interruption in telecommunication, information technology and other operational systems, or a failure to maintain the
security, confidentiality or privacy of sensitive data residing on such systems, could harm our business. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We depend heavily on our telecommunication,
information technology and other operational systems and on the integrity and timeliness of data we use to run our businesses. These systems may fail to operate properly or become disabled as a result of events or circumstances wholly or partly
beyond our control. Further, we face the risk of operational and technology failures by others, including various financial intermediaries and of vendors and parties to which we outsource the provision of services or business operations. If these
parties do not perform as anticipated, we may experience operational difficulties, increased costs and other adverse effects on our business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Despite our
implementation of a variety of security measures, our information technology and other systems could be subject to physical or electronic break-ins, unauthorized tampering or other security breaches, resulting in a failure to maintain the security,
confidentiality or privacy of sensitive data, including personal information relating to clients or transaction counterparties. We recently reported that information related to a specific group of clients at Cutwater had been inappropriately
accessed via the internet. We have concluded our investigation of this incident and confirmed that although certain client information was improperly accessed, there were no unauthorized transactions or client account activity. Moreover, the event
did not have a material adverse effect on our business. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">21 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Interruption in telecommunication, information technology and other operational systems, or a failure to maintain the
security, confidentiality or privacy of sensitive data residing on such systems, whether due to actions by us or others, could delay or disrupt our ability to do business, harm our reputation, subject us to regulatory sanctions and other claims,
lead to a loss of clients and revenues and otherwise adversely affect our business. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Any impairment in the Company&#146;s future taxable income can materially
affect the recoverability of our deferred tax assets. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The basis for evaluating the recoverability of a deferred tax asset is the existence of future taxable
income of appropriate character.&nbsp;To the extent that the Company&#146;s ability to recognize future taxable income from its existing insurance portfolio through scheduled premium earnings and net investment income becomes impaired, the
recoverability of certain deferred tax assets may be materially affected by a corresponding increase to its valuation allowance. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Private litigation claims
could materially adversely affect our reputation, business, results of operations and financial condition. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As further set forth in &#147;Note 21:
Commitments and Contingencies&#148; in the Notes to Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part II, Item&nbsp;8 of this Form 10-K, the Company and/or its subsidiaries are named as defendants in certain litigations, and in
the ordinary course of business, may be a defendant in or party to a new or threatened legal action. Although the Company intends to vigorously defend against any current or future action, any adverse ultimate outcome could result in a loss and/or
have a material adverse effect on our reputation, business, results of operations or financial condition. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>The Company is dependent on key executives and the
loss of any of these executives, or its inability to retain other key personnel, could adversely affect its business. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s success
substantially depends upon its ability to attract and retain qualified employees and upon the ability of its senior management and other key employees to implement its business strategy. The Company believes there are only a limited number of
available qualified executives in the business lines in which the Company competes. Although the Company is not aware of any planned departures, the Company relies substantially upon the services of Joseph W. Brown, Chief Executive Officer, and
other senior executives. There is no assurance that the Company will be able to retain the services of key executives. The loss of the services of any of these individuals or other key members of the Company&#146;s management team could adversely
affect the implementation of its business strategy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>A different view of the Internal Revenue Service from our current tax treatment of realized losses
relating to insured CDS contracts can adversely affect our financial position. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As part of the Company&#146;s financial guarantee business, we have insured
credit derivative contracts that were entered into by LaCrosse Financial Products, LLC with various financial institutions. We treat these insured derivative contracts as insurance contracts for statutory accounting purposes, which is the basis for
computing U.S. federal taxable income. As such, the realized losses in connection with an insured event are considered loss reserve activities for tax purposes. Because the federal income tax treatment of CDS contracts is an unsettled area of tax
law, in the event that the Internal Revenue Service has a different view with respect to the tax treatment, our results of operations and financial condition could be materially adversely affected. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Ownership Change under Section&nbsp;382 of the Internal Revenue Code can have adverse tax consequences. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with transactions in our shares from time to time, we may in the future experience an &#147;ownership change&#148; within the meaning of Section&nbsp;382
of the Internal Revenue Code. In general terms, an ownership change may result from transactions increasing the aggregate ownership of certain stockholders in our stock by more than 50 percentage points over a testing period (generally three years).
If an ownership change were to occur, our ability to use certain tax attributes, including certain losses, credits, deductions or tax basis, may be limited. Calculating whether a Section&nbsp;382 ownership change has occurred is subject to
uncertainties, including the complexity and ambiguity of Section&nbsp;382 and limitations on a publicly traded company&#146;s knowledge as to the ownership of, and transactions in, its securities. The Company performs detailed calculations during
each quarter to determine if an ownership change has occurred and, based on the Company&#146;s current methodology of calculation, a Section&nbsp;382 ownership change has not taken place. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">22 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><U>Capital, Liquidity and Market Related Risk Factors </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>We are a holding company and rely to a significant degree on cash flow from our principal operating subsidiaries and access to third party capital. A disruption in
the cash flow from our subsidiaries or an inability to access capital could adversely affect our business, operating results and financial condition and ultimately adversely affect liquidity. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a holding company MBIA Inc. is largely dependent on dividends, payments under our tax sharing agreement and advances in the form of intercompany loans from its
subsidiaries to pay principal and interest on our indebtedness, make capital investments in our subsidiaries and pay dividends, to the extent payable, on our capital stock, among other items. We expect that for the foreseeable future National will
be the predominant source of dividends and tax sharing agreement payments. National is subject to various statutory and regulatory restrictions, applicable to insurance companies generally, that limit the amount of cash dividends, loans and advances
that it may pay to us. See &#147;New York State Dividend Limitations&#148; in Part 1, Item&nbsp;1 and &#147;Note 14: Insurance Regulations and Dividends&#148; in the Notes to Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part
II, Item&nbsp;8 of this Form 10-K for a further discussion of dividends. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We may also from time to time seek to raise capital from external sources. The
Company&#146;s access to external sources of financing, as well as the cost of such financing, is dependent on various factors, including (i)&nbsp;the long-term debt ratings of the Company, (ii)&nbsp;expected dividends from our subsidiaries,
(iii)&nbsp;the insurance financial strength ratings, financial condition and long-term business prospects of our insurance companies, (iv)&nbsp;the perceptions of the financial strength of our insurance companies and MBIA Inc. and (v)&nbsp;the
outcome of our undertakings to collect excess spread and recoveries in connection with ineligible mortgage loans in our insured RMBS securitizations. Our debt ratings are influenced by numerous factors, either in absolute terms or relative to our
peer group, such as financial leverage, balance sheet strength, capital structure and earnings trends. If we cannot obtain adequate capital on favorable terms or at all, our business, future growth, operating results and financial condition could be
adversely affected. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To the extent that we are unable to access external capital, our insurance companies may not have sufficient liquidity to meet their
obligations, will have less capacity to write business and may not be able to pay dividends to us without experiencing adverse rating agency action. Consequently, our inability to maintain access to capital on favorable terms could have an adverse
impact on our ability to pay losses and debt obligations, to pay dividends on our capital stock, to pay principal and interest on our indebtedness, to pay our operating expenses and to make capital investments in our subsidiaries. In addition,
future capital raises for equity or equity-linked securities could result in dilution to the Company&#146;s shareholders. In addition, some securities that the Company could issue, such as preferred stock or securities issued by the Company&#146;s
operating subsidiaries may have rights, preferences and privileges that are senior to those of its common shares. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>We have substantial indebtedness and may
incur substantial additional indebtedness, which could adversely affect our financial condition, and our ability to obtain financing in the future, react to changes in our business and satisfy our obligations. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the combined net debt of MBIA Inc.&#146;s corporate segment, which primarily comprised long-term debt, MTNs, investment agreements
and derivative liabilities net of cash and investments at amortized cost and a tax receivable from subsidiaries, totaled $740 million and $1.0 billion, respectively. The Company expects that MBIA Inc. will generate sufficient cash to satisfy its net
debt over time from distributions from its operating subsidiaries or by raising third-party capital, although there can be no assurance that such factors will generate sufficient cash to satisfy its net debt. Our substantial indebtedness and other
liabilities could have material consequences, including: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our ability to obtain additional financing for working capital, capital expenditures, acquisitions, debt service requirements or general corporate purposes; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">a large portion of MBIA Inc.&#146;s financial resources must be dedicated to the payment of principal and interest on our debt, thereby reducing the funds available to us for other purposes; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">it may be more difficult for us to satisfy our obligations to our creditors, resulting in possible defaults on, and acceleration of, such debt; </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">23 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">we may be more vulnerable to general adverse economic and industry conditions; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our ability to refinance debt may be limited or the associated costs may increase; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our flexibility to adjust to changing market conditions could be limited, or we may be prevented from carrying out capital spending that is necessary or important to our growth strategy and efforts to improve operating
margins of our businesses; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">we are exposed to the risk of fluctuations in interest rates and foreign currency exchange rates because a portion of our liabilities are at variable rates of interest or denominated in foreign currencies.
</TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Adverse developments in the credit markets may materially and adversely affect MBIA Inc.&#146;s ability to post collateral and meet other
liquidity needs. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Currently, the majority of the cash and securities of MBIA Inc. is pledged against investment agreement liabilities, intercompany financing
arrangements and derivatives, which limit its ability to raise liquidity through asset sales. If market value or rating eligibility of the assets which are pledged against MBIA Inc.&#146;s obligations were to decline, we would be required to pledge
additional eligible assets in order to meet minimum required collateral amounts against these liabilities. In such event, we may sell assets, potentially with substantial losses, finance unencumbered assets through intercompany facilities, or use
free cash or other assets, although there can be no assurance that these strategies will be available or adequate to meet liquidity requirements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Changes in
interest rates and foreign currency exchange rates could adversely affect our financial condition and future business. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Increases in prevailing interest rate
levels can adversely affect the value of MBIA&#146;s investment portfolio and, therefore, our financial condition. In the event that investments must be sold in order to make payments on insured exposures or other liabilities, such investments would
likely be sold at discounted prices. Lower interest rates can also result in lower net interest income since a substantial portion of assets are now held in cash and cash equivalents given the increased focus on liquidity. Additionally, in the
insurance operations, increasing interest rates could lead to increased credit stress on transactions in our insured portfolio, while a decline in interest rates could result in larger loss reserves on a present value basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While we are not currently writing a meaningful amount of new financial guarantee insurance, we expect to do so in the future. Prevailing interest rate levels can
affect demand for financial guarantee insurance. Lower interest rates are typically accompanied by narrower spreads between insured and uninsured obligations. The purchase of insurance during periods of relatively narrower interest rate spreads will
generally provide lower cost savings to the issuer than during periods of relatively wider spreads. These lower cost savings could be accompanied by a corresponding decrease in demand for financial guarantee insurance. Increased interest rates may
decrease attractiveness for issuers to enter into capital markets transactions, resulting in a corresponding decreasing demand for financial guarantee insurance in the future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition, the Company is exposed to foreign currency exchange rate fluctuation risk in respect of assets and liabilities denominated in currencies other than U.S.
dollars. In addition to insured liabilities denominated in foreign currencies, some of the remaining liabilities in our corporate segment are denominated in currencies other than U.S. dollars and the assets of our corporate segment are predominantly
denominated in U.S. dollars. Accordingly, the weakening of the U.S. dollar versus foreign currencies could substantially increase our potential obligations and statutory capital exposure. Conversely, the Company makes investments denominated in a
foreign currency and the weakening of the foreign currency versus the U.S. dollar will diminish the value of such non-U.S. dollar denominated asset. Exchange rates have fluctuated significantly in recent periods and may continue to do so in the
future, which could adversely impact the Company&#146;s financial position, results of operations and cash flows. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">24 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><U>MBIA Corp. Risk Factors </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>If our insurance companies become subject to regulatory action. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our
insurance companies are subject to various statutory and regulatory restrictions that require them to maintain qualifying investments to support their reserves and minimum surplus. Furthermore, our insurance companies may be restricted from making
commutation or other payments if doing so would cause them to fail to meet such requirements, and the NYSDFS may impose other remedial actions on us as described further below to the extent the Company does not meet such requirements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Additionally, under New York law, the Superintendent of the NYSDFS may apply for an order directing the rehabilitation or liquidation of a domestic insurance company
under certain circumstances, including upon the insolvency of the company, if the company has willfully violated its charter or New York law or if the company is found, after examination, to be in such condition that further transaction of business
would be hazardous to its policyholders, creditors or the public. The Superintendent of the NYSDFS may also suspend an insurer&#146;s license, restrict its license authority, or limit the amount of premiums written in New York if, after a hearing,
the Superintendent of the NYSDFS determines that the insurer&#146;s surplus to policyholders is not adequate in relation to its outstanding liabilities or financial needs. If the Superintendent of the NYSDFS were to take any such action, it would
likely result in the reduction or elimination of the payment of dividends to MBIA Inc. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Corp. insures certain transactions that continue to perform
poorly, in particular RMBS transactions that include a substantial number of ineligible mortgage loans, and increased losses or a delay or failure in collecting expected recoveries may materially and adversely affect its financial condition and
results of operations. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures certain structured finance transactions that remain volatile and could result in additional losses, which could be
substantial, including RMBS, CDOs, CMBS pools and CRE transactions. These transactions are also subject to servicer risk, which relates to problems with the transaction servicer (the entity which is responsible for collecting the cash flow from the
asset pool) that could affect the servicing and performance of the underlying assets. Furthermore, MBIA Corp. has recorded expected recoveries on second-lien RMBS, and the timing and amount of those recoveries could change. Increased losses or a
delay or failure in collecting expected recoveries may materially and adversely affect MBIA Corp.&#146;s financial condition and results of operations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">With
respect to RMBS transactions, MBIA Corp. continues to be exposed to risk of losses as a result of poor performance of ineligible loans included in its insured second-lien RMBS transactions, including transactions where it has reached settlements
with the sellers/servicers but continues to insure the transactions. Losses in these transactions and in other transactions due to the inclusion of ineligible loans could continue. MBIA Corp. has also recorded significant loss reserves on its
first-lien RMBS and CDO exposures, and there can be no assurance that these reserves will be sufficient, in particular if the economy deteriorates. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">With respect to
insured CDS contracts that are backed by structured CMBS pools and CRE CDOs, MBIA Corp. has experienced ratings erosion in the total CMBS collateral underlying its insured static pools. During 2013 and 2014, MBIA Corp. paid claims on a CMBS pool
transaction which experienced deterioration such that all of the deductible was eliminated, and we expect to experience additional claims on this transaction in the future. Ultimate loss rates on these transactions remain uncertain. It is possible
that MBIA Corp. will experience severe losses or near-term liquidity needs on its insured commercial real estate transactions, in particular if the economy does not continue to improve, there is a new recession, increased delinquencies, higher
levels of liquidations of delinquent loans, or higher severities of loss upon liquidation. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">25 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. has also recorded significant recoveries related to its second-lien RMBS losses, and there can be no
assurance as to the timing or amount of collections. As of December&nbsp;31, 2014, we recorded expected receipts of $523 million (on a present value basis) from excess spread (the difference between interest inflows on assets and interest outflows
on liabilities) in our second-lien RMBS transactions, in reimbursement of our past and future expected claims. Of this amount, $496 million is included in &#147;Insurance loss recoverable&#148; and $27 million is included in &#147;Loss and loss
adjustment expense reserves&#148; on the Company&#146;s consolidated balance sheets. The amount of excess spread depends on future interest rates, borrower refinancing and defaults and mortgage insurance payments. There can be no assurance that this
recovery will be received in its entirety or in the expected timeframe. In addition, the Company is also pursuing claims related to ineligible loans securitized by Credit Suisse and included in a home equity mortgage trust securitization. The
Company&#146;s assessment of the ineligibility of individual mortgage loans has been challenged by Credit Suisse in litigation and there is no assurance that the Company&#146;s determinations will prevail, or that the Company will be successful in
collecting its estimated recoveries. The litigation may take several years to resolve, during which time we will be required to pay losses on the subject transaction. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Continuing elevated loss payments and delay or failure in realizing expected recoveries on insured RMBS transactions as well as certain other factors may
materially and adversely affect MBIA Insurance Corporation&#146;s ability to meet liquidity needs and could cause the NYSDFS to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding if it is not able to pay expected claims.
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As an insurance company, MBIA Insurance Corporation is particularly sensitive to the risk that it will not have sufficient resources to meet contractual
payment obligations when due or to make settlement payments in order to terminate insured exposures to avoid losses. Management&#146;s expected liquidity and capital forecasts for MBIA Insurance Corporation for 2014 reflect adequate resources to pay
expected claims. However, there is risk to the liquidity forecast as the Company&#146;s remaining insured exposures are potentially volatile. There are risks to the capital forecast due to those potential liabilities, potential volatility in the
collection of excess spread and the remaining put-back recoverable, and potential volatility associated with remaining ABS CDO exposures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Further, the remaining
insured portfolio, aside from these exposures, could deteriorate and result in loss reserves and claim payments, including claims on insured exposures that in some cases may require large bullet payments. While management believes MBIA Insurance
Corporation will have adequate resources to pay expected claims, if it experiences higher than expected claims payments or is unable collect expected recoveries, it may ultimately have insufficient resources to continue paying claims, which could
cause the NYSDFS to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding. We do not believe that a rehabilitation or liquidation proceeding of MBIA Corp. by NYSDFS would have any significant long-term liquidity impact on
MBIA Inc. or result in a liquidation or similar proceeding of MBIA UK. An MBIA Insurance Corporation rehabilitation or liquidation proceeding could accelerate certain of the Company&#146;s other obligations and have other adverse consequences, such
as the loss of control of MBIA Insurance Corporation and the imposition of unplanned expenses. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Revenues and liquidity would be adversely impacted by a
decline in realization of installment premiums. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Due to the installment nature of a significant percentage of its premium income, MBIA Corp. has an embedded
future revenue stream. The amount of installment premiums actually realized by MBIA Corp. could be reduced in the future due to factors such as not insuring new transactions, early termination of insurance contracts, accelerated prepayments of
underlying obligations, commutation of existing financial guarantee insurance policies or non-payment. Such a reduction would result in lower revenues and reduced liquidity. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_3"></A>Item&nbsp;1B. Unresolved Staff Comments </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&nbsp;from time to time receives written comments from the staff of the SEC regarding its periodic or current reports under the Securities Exchange Act of 1934, as amended. There are no comments that remain unresolved that the Company
received more than 180 days before the end of the year to which this report relates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">26 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_4"></A>Item&nbsp;2. Properties </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains office space located in Purchase, New York, in which the Company, National, MBIA Corp., and MBIA Services Corporation have their headquarters. A
wholly-owned subsidiary of National owns an office building in Armonk, New York, that the Company is currently seeking to sell in order to reduce operating costs. The Company also leases office space in New York, New York; San Francisco, California;
Paris, France; Mexico City, Mexico; and London, England. Cutwater leases office space in Denver, Colorado. The Company generally believes that these facilities are adequate and suitable for its current needs. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_5"></A>Item&nbsp;3. Legal Proceedings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For a discussion of
the Company&#146;s litigation and related matters, see &#147;Note 21: Commitments and Contingencies&#148; in the Notes to Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part II, Item&nbsp;8. In the normal course of operating its
businesses, MBIA Inc. may be involved in various legal proceedings. As a courtesy, the Company posts on its website under the section &#147;Legal Proceedings,&#148; selected information and documents in reference to selected legal proceedings in
which the Company is the plaintiff or the defendant. The Company will not necessarily post all documents for each proceeding and undertakes no obligation to revise or update them to reflect changes in events or expectations. The complete official
court docket can be publicly accessed by contacting the clerk&#146;s office of the respective court where each litigation is pending. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_6"></A>Item&nbsp;4. Mine Safety Disclosures </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Not
applicable. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">27 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part II </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%" VALIGN="top" ALIGN="left"><B><A NAME="toc868514_7"></A>Item&nbsp;5.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Market for Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities </B></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s common stock is listed on the New York Stock Exchange under the symbol &#147;MBI.&#148; As of February&nbsp;24, 2015 there were 622 shareholders of
record of the Company&#146;s common stock. The Company did not pay cash dividends on its common stock during 2014 or 2013. For information on the ability for certain subsidiaries of the Company to transfer funds to the Company in the form of cash
dividends or otherwise, see &#147;Item 1. Business&#151;Insurance Regulation&#148; in this annual report. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The high and low sales stock prices with respect to the
Company&#146;s common stock for the last two years are presented below: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Quarter Ended</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;High&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Low&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;High&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Low&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">March 31</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15.26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13.70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">June 30</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.08</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">September 30</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.03</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December 31</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws
and other legal requirements. We believe that share repurchases can be an appropriate deployment of capital in excess of amounts needed to support our liquidity and maintain the claims-paying ratings of MBIA Corp. and National as well as other
business needs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On February&nbsp;1, 2007, the Company&#146;s Board of Directors authorized the repurchase of common stock up to $1 billion under a new share
repurchase program, which superseded the previously authorized program. During the year ended December&nbsp;31, 2014, the Company repurchased 2.1&nbsp;million common shares of MBIA Inc., exhausting any remaining capacity under this share repurchase
program. As of December&nbsp;31, 2014, the Company had repurchased 58.8&nbsp;million common shares of MBIA Inc. at an average price of $17.02 per share under this share repurchase program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2014, the Company&#146;s Board of Directors authorized the repurchase of common stock up to $200 million under a new share repurchase program.
During the year ended December&nbsp;31, 2014, the Company repurchased 1.2&nbsp;million common shares of MBIA Inc. at an average price of $9.44 per share under this new repurchase program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The table below presents repurchases made by the Company in each month during the fourth quarter of 2014. See &#147;Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters&#148; in Part III for a further discussion of securities authorized for issuance under long-term incentive plans. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="30%"></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Month</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;Total&nbsp;Number&nbsp;<BR>of Shares<BR>Purchased<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Average&nbsp;Price<BR>Paid&nbsp;Per&nbsp;Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total&nbsp;Number of<BR>Shares<BR>Purchased&nbsp;as<BR>Part&nbsp;of&nbsp;Publicly<BR>Announced&nbsp;Plan</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maximum&nbsp;Amount&nbsp;That<BR>May&nbsp;Be&nbsp;Purchased&nbsp;Under&nbsp;the<BR>Plan (in
millions)<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">October</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">503</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">November</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">453</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,247,851</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,247,337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes 1,470 shares purchased in open market transactions as investments in the Company&#146;s non-qualified deferred compensation plan. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;In the fourth quarter of 2014, the Company&#146;s Board of Directors authorized the repurchase of common stock up to $200 million under a new
share repurchase program. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, 281,352,782 shares of Common Stock of the Company, par value $1 per share, were issued and 191,942,895
shares were outstanding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Stock Performance Graph</B> The following graph compares the cumulative total shareholder return (rounded to the nearest whole dollar)
of our common stock, the S&amp;P 500 Index (&#147;S&amp;P 500 Index&#148;) and the S&amp;P 500 Financials Sector Index (&#147;S&amp;P Financials Index&#148;) for the last five fiscal years. The graph assumes a $100 investment at the closing price on
December&nbsp;31, 2009 and reinvestment of dividends in the security/index on the respective dividend payment dates without commissions. This graph does not forecast future performance of our common stock. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">28 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>



<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%" VALIGN="top" ALIGN="left"><B><I>Item&nbsp;5.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>Market for the Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities (continued) </I></B></TD></TR></TABLE>
 <P>&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g868514g12i59.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2009&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2010&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. Common Stock</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">301.26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">291.21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197.24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">300.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">239.70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>S&amp;P 500 Index</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117.48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136.26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180.38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">205.05</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>S&amp;P Financials Index</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112.13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119.73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162.34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">186.97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Source: Bloomberg Finance L.P. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">29 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_8"></A>Item&nbsp;6. Selected Financial Data </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="54%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2011</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2010</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Summary Statement of Operations Data:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">605</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">605</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">594</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">214</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">383</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,464</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,812)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(769)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(99)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than- temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(101)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(64)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">392</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,557)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">894</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(80)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">338</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">308</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">290</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">325</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">629</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">837</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">682</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">989</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,239)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(95)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,319)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6.85)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6.85)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Summary Balance Sheet Data:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,744</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,615</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,015</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,669</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Short-term investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,069</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,204</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">669</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,571</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,070</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,041</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,334</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10,893</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14,138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,953</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21,724</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26,873</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32,279</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,441</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,938</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,515</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">506</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">853</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">836</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">547</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,578</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,005</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,427</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,656</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,740</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,810</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,702</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,732</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,910</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,924</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">437</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,934</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,164</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,617</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,804</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,297</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,286</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,883</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13,055</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,950</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,194</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,723</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,846</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Book value per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20.47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17.05</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16.22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8.80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14.18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Insurance Statistical Data:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Debt service outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">437,778</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">554,296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">679,074</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">840,078</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,025,031</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross par amount outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">277,481</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">357,246</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">449,487</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">551,721</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">672,878</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">30 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item&nbsp;6. Selected Financial Data (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Quarterly Financial Information (unaudited): </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>First</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Second</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Third</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fourth</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Full&nbsp;Year<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">469</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(47)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">577</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">291</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">215</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">181</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">629</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;1.32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;0.45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;0.80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;0.10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;May not
cross-foot due to rounding. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>First</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Second</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Third</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fourth</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Full&nbsp;Year<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(182)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">218</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">219</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">420</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">458</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(194)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">338</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">376</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">249</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">215</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(264)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(178)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.94)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;0.84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;(0.94)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;0.52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;0.68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;May not
cross-foot due to rounding. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">31 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_9"></A>Item&nbsp;7. Management&#146;s Discussion and Analysis of Financial Condition and Results of
Operations </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>INTRODUCTION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc. (&#147;MBIA&#148;, the
&#147;Company&#148;, &#147;we&#148;, &#147;us&#148;, or &#147;our&#148;) operates one of the largest financial guarantee insurance businesses in the industry and engages in several ancillary activities. MBIA manages five operating segments:
1)&nbsp;United States (&#147;U.S.&#148;) public finance insurance; 2)&nbsp;international and structured finance insurance; 3)&nbsp;corporate; 4)&nbsp;advisory services; and 5)&nbsp;conduit. Our U.S. public finance insurance business is primarily
operated through National Public Finance Guarantee Corporation and its subsidiaries (&#147;National&#148;), our international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries
(&#147;MBIA Corp.&#148;), and our asset management and advisory services business was operated through Cutwater Holdings, LLC and its subsidiaries (&#147;Cutwater&#148;). Unless otherwise indicated or the context otherwise requires, references to
&#147;MBIA Corp.&#148; are to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK Insurance Limited (&#147;MBIA UK&#148;) and MBIA Mexico S.A. de C.V. During the fourth quarter of 2014, we changed the name of our structured finance
and international insurance operating segment to international and structured finance insurance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary strategies of our U.S. public finance insurance
segment are to generate new insurance business in National, consistent with our portfolio management and return requirements, and to maximize the economics of our existing insured portfolio through effective surveillance and remediation. The primary
strategies of our international and structured finance insurance segment are risk reduction, loss mitigation and value preservation. We do not expect to write new business in our international and structured finance insurance segment in the
foreseeable future. Our corporate segment manages financing for and provides general support services across the MBIA group. In the second quarter of 2014, we exited our conduit business through the liquidation of Meridian Funding Company, LLC
(&#147;Meridian&#148;). Effective in the fourth quarter of 2014, our previously reported asset/liability products segment and our corporate segment are managed and reported as one operating segment referred to as our corporate segment. Effective on
January&nbsp;1, 2015, we exited our advisory services business through the sale of Cutwater. Refer to &#147;Note 12: Business Segments&#148; in the Notes to Consolidated Financial Statements for a discussion of changes to our business segments. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>EXECUTIVE OVERVIEW </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>National </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National is the largest U.S. municipal-only bond insurer in the financial guarantee industry as measured by total insured gross par outstanding of $222.3 billion as of
December&nbsp;31, 2014. Our primary strategy is to insure new issue and secondary market municipal bonds while providing ongoing surveillance of National&#146;s existing insured portfolio. National&#146;s ability to write new business and to compete
with other financial guarantors is largely dependent on the financial strength ratings assigned to National by major rating agencies. As of December&nbsp;31, 2014, National was rated AA+ with a stable outlook by Kroll Bond Rating Agency, AA- with a
stable outlook by Standard&nbsp;&amp; Poor&#146;s Financial Services LLC (&#147;S&amp;P&#148;), and A3 with a negative outlook by Moody&#146;s Investors Service, Inc. (&#147;Moody&#146;s&#148;). With these current ratings, National seeks to support
the credit enhancement needs of municipal debt issuers across the U.S. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National prices new business opportunities in both the competitive and negotiated markets.
During the year ended December&nbsp;31, 2014, National insured $343 million of par, which included approximately $300 million of Detroit Water Supply System Revenue Bonds and Detroit Sewage Disposal Bonds (together, the &#147;DWSD Bonds&#148;)
issued through the Michigan Finance Authority. National&#146;s insurance facilitated successful execution of these transactions and provided a lower cost of borrowing for the issuers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National maintains underwriting criteria for most municipal risk types and expects opportunities for new business across the spectrum of municipal sectors.&nbsp;We
expect that the majority of new business will be in the general obligation, tax-backed and revenue bond sectors.&nbsp;In addition to the new issue market, we anticipate opportunities in the secondary market with respect to bonds issued in recent
years which were not insured upon issuance and which meet our underwriting criteria.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National seeks to generate shareholder value through appropriate risk adjusted
pricing; however, current market conditions and the competitive landscape may limit National&#146;s new business opportunities and its ability to price and underwrite risk with attractive returns.&nbsp;Financial guarantee insurance competes in
nearly all instances with the issuer&#146;s alternative of foregoing insurance. If the interest savings from insurance are not greater than the cost of the insurance, the issuer will generally choose to issue bonds without insurance. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">32 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>EXECUTIVE OVERVIEW (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prevailing interest rate levels can affect demand for financial guarantee insurance. Higher interest rates and higher
levels of issuance of new municipal debt would present more favorable new business opportunities for National in the U.S. public finance market. Lower interest rates are typically accompanied by narrower spreads between insured and uninsured
obligations. This is, in part, due to the fact that investors may choose to forego insurance to increase the yield on their investments. Therefore, the purchase of insurance during periods of relatively narrower interest rate spreads will generally
provide lower cost savings to the issuer than during periods of relatively wider spreads. These lower cost savings could be accompanied by a corresponding decrease in demand for financial guarantee insurance. As interest rates begin to rise, we
expect the demand for financial guarantee insurance to grow. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">However, given that National&#146;s insurance policies protect policyholders from potential defaults
and guarantee payments of scheduled principal and interest, we believe the recent increase in municipal financial stress will increase the demand for National&#146;s insurance product. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our U.S. public finance insured portfolio continues to perform satisfactorily against a backdrop of strengthening domestic economic activity. While this trend will
generally benefit the tax revenues and fees charged for essential municipal services which secure our insured bond portfolio, some state, local governments and territory obligors we insure remain under financial and budgetary stress. This could lead
to an increase in defaults by such entities on the payment of their obligations and losses or impairments on a greater number of our insured transactions. We continue to monitor and analyze these situations and other stressed credits closely, and
the overall extent and duration of this stress is uncertain. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Exposure to Puerto Rico </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, National had $4.5 billion of gross insured exposure related to the Commonwealth of Puerto Rico and certain of its instrumentalities
(&#147;Puerto Rico&#148;). Puerto Rico is experiencing fiscal stress due to, among other things, Puerto Rico&#146;s structural budget imbalance, a stalled local economy, net migration of people and a high debt burden. However, it has attempted to
address its significant economic challenges by passing a balanced general fund budget for the fiscal year ending June&nbsp;30, 2015, passing a comprehensive reform of its employee retirement system and enacting the Fiscal Sustainability Act, which
allows the government to exercise emergency powers to deal with its fiscal crisis. Refer to the &#147;U.S. Public Finance Insurance Puerto Rico Exposures&#148; section for additional information on our Puerto Rico exposures. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Exposure to Detroit </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National has exposure to the City of Detroit, which
filed for Chapter 9 protection in July of 2013. In the fourth quarter of 2014, the City of Detroit entered into a number of settlements with creditors, helping to clear the path toward a bankruptcy exit in December of 2014. In connection with its
exit, the City of Detroit issued new unlimited tax general obligation bonds, through the Michigan Finance Authority, to each holder of its then existing unlimited tax obligation bonds on the plan effective date (collectively, the &#147;Restructured
UTGO Bonds&#148;). The&nbsp;Restructured UTGO Bonds have the same principal amount, interest rate, maturity and redemption provisions as the City of Detroit&#146;s original UTGO Bonds.&nbsp;Under the settlement between National and the City of
Detroit, National will pay a portion of the future debt service of the Restructured UTGO Bonds. The&nbsp;Restructured UTGO Bonds that remain the responsibility of the City of Detroit are secured by (i)&nbsp;a lien, to the extent permitted by law, on
the specific voter approved ad valorem tax levy pledged thereto, and (ii)&nbsp;a 4th lien on the Distributable State Aid the City of Detroit receives from Michigan.&nbsp;National continues to insure all of the Restructured UTGO Bonds.</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In September of 2014, the City of Detroit agreed not to reduce interest rates and eliminate call protection on the DWSD Bonds insured by National. Instead, the City of
Detroit publicly tendered for and ultimately called or refinanced approximately $1.8 billion of DWSD Bonds. In connection with this refinancing, National insured approximately $300 million of new DWSD Bonds, while reducing its total DWSD exposure by
approximately $432 million. As of December&nbsp;31, 2014, National had $1.6 billion of gross insured exposure related to the DWSD Bonds. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">33 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>EXECUTIVE OVERVIEW (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Inc. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
December&nbsp;31, 2014 and 2013, the liquidity position of MBIA Inc. and its corporate segment, was $498 million and $359 million, respectively. In 2014, positive cash flows to MBIA Inc. consist largely of dividends and releases of escrowed tax
payments from National. Positive cash flows enabled debt and share repurchases in addition to covering operating expenses and scheduled debt service. During 2014, $220 million was released to MBIA Inc. under the MBIA group&#146;s tax sharing
agreement (the &#147;Tax Escrow Account&#148;) and in January of 2015, $228 million was released. During 2014, National declared and paid a dividend of $220 million to its ultimate parent, MBIA Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2014, we repurchased 3.3&nbsp;million common shares of MBIA Inc. In the fourth quarter of 2014, the Company&#146;s Board of Directors authorized the repurchase of up
to $200 million of its outstanding shares. As of February&nbsp;26, 2015, $133 million remained under this share repurchase authorization. Also, during 2014, we repurchased $122 million of debt issued by MBIA Inc. through its subsidiary MBIA Global
Funding, LLC (&#147;GFL&#148;) and retired $129 million of medium-term notes (&#147;MTNs&#148;) issued by our conduit segment. In addition, during 2014 $154&nbsp;million of GFL MTNs and investment agreements matured. These repurchases and
retirements are part of our strategy to bring our leverage down using cash generated from operations. We expect that MBIA Inc. will generate sufficient cash to satisfy its debt obligations and its general corporate needs over time from expected
subsidiary dividends, additional anticipated releases from the Tax Escrow Account, investment income and securities issuance; however, there can be no assurance that such sources will generate sufficient cash or that we will have market access when
needed. Refer to the &#147;Liquidity&#151;MBIA Inc. Liquidity&#148; section for additional information on MBIA Inc.&#146;s liquidity position. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Corp.
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s primary strategies are maximizing the collection of excess spread and put-back recoveries and mitigating potential losses on MBIA
Corp.&#146;s insurance exposures. MBIA Corp. has significant negative earned surplus and accrued and unpaid interest on its outstanding surplus notes, and therefore, has no current capacity to pay dividends. Since July&nbsp;15, 2012 no payments on
MBIA Corp.&#146;s outstanding surplus notes have been approved by the New York State Department of Financial Services (&#147;NYSDFS&#148;) and as of January&nbsp;15, 2015 there was $286 million of accrued and unpaid interest on MBIA Corp.&#146;s
outstanding surplus notes. MBIA Corp. contributes to the Company&#146;s net operating loss carryforward (&#147;NOL&#148;), which is used in the calculation of our consolidated income taxes. We believe it is unlikely that MBIA Corp. will generate
sufficient income to use its portion of the NOL. Refer to the &#147;Capital Resources&#151;MBIA Corp.&#148; section for additional information on MBIA Corp.&#146;s surplus notes and statutory capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During the year ended December&nbsp;31, 2014, MBIA Corp. commuted $7.1 billion of gross par exposure, of which $6.8 billion was previously disclosed, primarily
comprising structured commercial mortgage-backed securities (&#147;CMBS&#148;) pools, investment grade corporate collateralized debt obligations (&#147;CDOs&#148;), small business securitizations, commercial real estate (&#147;CRE&#148;) CDOs, and
asset-backed securities (&#147;ABS&#148;) CDOs. MBIA Corp. may make negotiated settlement payments to counterparties and/or forego its right to all or some termination premiums when it commutes insurance exposures. We continue to evaluate
opportunities to commute additional high risk insurance exposures, although our ability to commute is limited by available liquidity and the willingness of counterparties to enter into commutations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. continues to successfully manage its liquidity risks and satisfy all payment obligations when due. Historically, liquidity was negatively impacted by claim
payments on second-lien residential mortgage-backed securities (&#147;RMBS&#148;). However, during the year ended December&nbsp;31, 2014, recoveries from excess spread on second-lien RMBS exceeded paid claims and loss adjustment expense
(&#147;LAE&#148;). There can be no assurance this trend will continue. Our liquidity forecasts reflect more than adequate resources to pay expected claims, but if MBIA Corp. experiences materially-elevated claims payments or does not substantially
collect our projected amounts of excess spread or recovery from Credit Suisse for ineligible mortgages, it could experience liquidity shortfalls. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">34 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>EXECUTIVE OVERVIEW (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">If MBIA Corp. were to experience liquidity shortfalls in the future, it may have insufficient resources to continue to
pay claims, which may cause the NYSDFS to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding. We do not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by NYSDFS would have any
significant long-term liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA UK. Refer to the &#147;Liquidity&#151;MBIA Corp. Liquidity&#148; section for additional information on MBIA Corp.&#146;s liquidity position.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Other </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In September of 2014, we moved into our new headquarters
in Purchase, New York. We had entered into a lease agreement for this facility in March of 2014. Refer to &#147;Note 21: Commitments and Contingencies&#148; in the Notes to Consolidated Financial Statements for a further discussion of this lease
agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In October of 2014, the Company signed an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction, which
was effective January&nbsp;1, 2015, had a positive but immaterial impact on the Company&#146;s financial position and results of operations. In connection with the sale, the Company entered into an agreement for Cutwater to manage its proprietary
investment assets for the next several years. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Economic and Financial Market Trends </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The U.S. economy developed substantial momentum in 2014, with the last three quarters being the best string of quarterly performances in more than a decade. This
momentum was bolstered by the lowest unemployment rate in over six years and falling energy prices which helped to increase consumer spending and business investments. In addition, the housing sector improved and with a continued increase in
consumer confidence this should lead to more demand in 2015. The Federal Reserve has indicated that there may be an increase in the federal funds rate in 2015, which would be the first in over five years. If an increase in the federal funds rate
occurs, the risk of market volatility will likely remain present given the historic nature of elongated zero interest rate policy changing course.&nbsp;Despite these positive economic results, concerns remain within the U.S. economy primarily
related to fiscal policy uncertainties and growing worldwide political and economic conflicts from the effects of terrorist acts and wars. Throughout much of Europe, economic growth and employment have improved, and the European Central Banks&#146;
implementation of Quantitative Easing is intended to facilitate economic growth, however, substantial risk remains. We believe interest rate hikes are approaching and growth today is more durable as global economic risks are less likely to derail
expansion. Information concerning our interest rate sensitivity appears in Part II, Item&nbsp;7A, &#147;Quantitative and Qualitative Disclosures about Market Risk.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Economic and financial market trends impact MBIA&#146;s business outlook and its financial results. An ongoing low interest rate environment will adversely impact the
demand for municipal bond insurance as well as National&#146;s ability to price risk at levels that meet its underwriting objectives and returns. However, the consistent gradual improvement of economic indicators at the state and local levels will
benefit the performance of our insured public finance portfolio and could reduce the amount of National&#146;s incurred losses. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial Highlights
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our financial results, prepared in accordance with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;), have been
volatile as a result of unrealized gains and losses from our insured credit derivatives, as well as a result of insured losses and recoveries on second-lien RMBS. Our economic performance has also been volatile due to changes in our loss estimates
based on changes in macroeconomic conditions in the U.S. and abroad and deviations in collateral performance from our expectations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended
December&nbsp;31, 2014, we recorded consolidated net income of $569 million or $2.76 per diluted share compared with consolidated net income of $250 million, or $1.29 per diluted share for 2013 and consolidated net income of $1.2 billion, or $6.33
per diluted share, for 2012. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">35 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>EXECUTIVE OVERVIEW (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2014, combined operating income (a non-GAAP measure) was $185 million compared
with an operating loss of $15 million and operating income of $232 million for 2013 and 2012, respectively. Refer to the following &#147;Results of Operations&#148; section for a description of operating income (loss) and a reconciliation of
operating income (loss) to GAAP net income (loss). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our consolidated shareholders&#146; equity increased to $3.9 billion as of December&nbsp;31, 2014 compared with
$3.3 billion as of December&nbsp;31, 2013. Our consolidated book value per share as of December&nbsp;31, 2014 was $20.47 compared with $17.05 as of December&nbsp;31, 2013. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, adjusted book value (&#147;ABV&#148;) per share (a non-GAAP measure) was $24.87, up from $24.05 as of December&nbsp;31, 2013. Refer to the
following &#147;Results of Operations&#148; section for a further discussion of ABV and a reconciliation of GAAP book value per share to ABV per share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A detailed
discussion of our financial results is presented within the &#147;Results of Operations&#148; section included herein. Refer to the &#147;Capital Resources&#151;Insurance Statutory Capital&#148; section for a discussion of National&#146;s and MBIA
Corp.&#146;s capital positions under statutory accounting principles (&#147;U.S. STAT&#148;). </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>CRITICAL ACCOUNTING ESTIMATES </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We prepare our financial statements in accordance with GAAP, which requires the use of estimates and assumptions. The following accounting estimates are viewed by
management to be critical because they require significant judgment on the part of management. Management has discussed and reviewed the development, selection, and disclosure of critical accounting estimates with the Company&#146;s Audit Committee.
Financial results could be materially different if other methodologies were used or if management modified its assumptions. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and Loss Adjustment Expense
Reserves </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loss and LAE reserves are established by loss reserve committees in each of our major operating insurance companies (National, MBIA Insurance
Corporation, and MBIA UK) and reviewed by our executive Loss Reserve Committee, which consists of members of senior management. Loss and LAE reserves include case basis reserves and accruals for LAE incurred with respect to non-derivative financial
guarantees. Case basis reserves represent our estimate of expected losses to be paid under insurance contracts, net of expected recoveries, on insured obligations that have defaulted or are expected to default. These reserves require the use of
judgment and estimates with respect to the occurrence, timing and amount of paid losses and recoveries on insured obligations. Given that the reserves are based on such estimates and assumptions, there can be no assurance that the actual ultimate
losses will not be greater than or less than such estimates resulting in the Company recognizing additional or reversing excess loss and LAE reserves through earnings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We take into account a number of variables in establishing specific case basis reserves for individual policies that depend primarily on the nature of the underlying
insured obligation. These variables include the nature and creditworthiness of the issuers of the insured obligations, expected recovery rates on unsecured obligations, the projected cash flow or market value of any assets pledged as collateral on
secured obligations, and the expected rates of recovery, cash flow or market values on such obligations or assets. Factors that may affect the actual ultimate realized losses for any policy include economic conditions and trends, the extent to which
sellers/servicers comply with the representations or warranties made in connection therewith, levels of interest rates, rates of inflation, borrower behavior, the default rate and salvage values of specific collateral, and our ability to enforce
contractual rights through litigation and otherwise. Our remediation strategy for an insured obligation that has defaulted or is expected to default may also have an impact on our loss reserves. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In establishing case basis loss reserves, we calculate the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a discount
rate equal to the risk-free rate applicable to the currency and the weighted average remaining life of the insurance contract. Yields on U.S. Treasury offerings are used to discount loss reserves denominated in U.S. dollars, which represent the
majority of our loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">36 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CRITICAL ACCOUNTING ESTIMATES (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial
Statements for a comprehensive discussion of our loss reserves and recoveries, including critical accounting estimates used in the determination of these amounts. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Valuation of Financial Instruments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We have categorized our financial
instruments measured at fair value into the three-level hierarchy according to accounting guidance for fair value measurements and disclosures based on the significance of pricing inputs to the measurement in its entirety. Fair value measurements of
financial instruments that use quoted prices in active markets for identical assets or liabilities are generally categorized as Level 1, fair value measurements of financial instruments that use quoted prices in markets that are not active where
significant inputs are observable are generally categorized as Level 2, and fair value measurements of financial instruments where significant inputs are not observable are generally categorized as Level 3. We categorize our financial instruments
based on the lowest level category at which we can generate reliable fair values. The determination of reliability requires management to exercise judgment. The degree of judgment used to determine the fair values of financial instruments generally
correlates to the degree that pricing is not observable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value measurements of financial instruments held or issued by the Company are determined through
the use of observable market data when available. Market data is obtained from a variety of third-party sources, including dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, we use alternate valuation
methods, including either dealer quotes for similar contracts or modeling using market data inputs. The use of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to these
variables may produce materially different values. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value pricing of assets and liabilities is a function of many components which include interest rate
risk, market risk, liquidity risk and credit risk. For financial instruments that are internally valued by the Company, as well as those for which the Company uses broker quotes or pricing services, credit risk is typically incorporated by using
appropriate credit spreads or discount rates as inputs. Substantially all of the Company&#146;s investments carried and reported at fair value are priced by independent third parties, including pricing services and brokers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Instruments that trade infrequently and, therefore, have little or no price transparency are classified within Level 3 of the fair value hierarchy. Also included in
Level 3 are financial instruments that have significant unobservable inputs deemed significant to the instrument&#146;s overall fair value. Level 3 assets represented approximately 20% and 22% of total assets measured at fair value on a recurring
basis as of December&nbsp;31, 2014 and 2013, respectively. Level 3 liabilities represented approximately 35% and 61% of total liabilities measured at fair value on a recurring basis as of December&nbsp;31, 2014 and 2013, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 7: Fair Value of Financial Instruments&#148; in the Notes to Consolidated Financial Statements for further information about the Company&#146;s
financial assets and liabilities that are accounted for at fair value, including valuation techniques and significant inputs. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Deferred Income Taxes
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Deferred income taxes are recorded with respect to the temporary differences between the tax bases of assets and liabilities and the reported amounts in our
consolidated financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Our temporary differences relate principally to premium revenue
recognition, deferred acquisition costs, unrealized gains or losses on investments and insured derivatives, asset impairments, deferred cancellation of indebtedness income, and net operating losses. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Valuation allowances are established to reduce deferred tax assets to an amount that more likely than not will be realized. Changes in the amount of a valuation
allowance are reflected within our provision for income taxes in our consolidated statements of operations. Determining whether to establish a valuation allowance and, if so, the amount of the valuation allowance requires management to exercise
judgment and make assumptions regarding whether such tax benefits will be realized in future periods. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">37 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CRITICAL ACCOUNTING ESTIMATES (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All evidence, both positive and negative, needs to be identified and considered in making this determination. Future
realization of the existing deferred tax asset ultimately depends on management&#146;s estimate of the future profitability and existence of sufficient taxable income of appropriate character (for example, ordinary income versus capital gain) within
the carryforward period available under the tax law. In the event that the Company&#146;s estimate of taxable income is less than that required to utilize the full amount of any deferred tax asset, a valuation allowance is established. During 2014,
the Company&#146;s valuation allowance against its deferred tax asset was fully released primarily due to the capital losses generated by the sales of previously impaired assets, which were utilized against current year capital gains. The release
was also due to the impact of tax planning strategies which used unrealized gains to absorb any remaining impairment losses. As of December&nbsp;31, 2013, the Company&#146;s valuation allowance was $93 million which was related to impairments of
certain assets characterized as capital losses. Capital losses may only be offset by capital gains and any capital loss not utilized in the year generated can only be carried forward five years. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for additional information about the Company&#146;s deferred income taxes.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>RECENT ACCOUNTING PRONOUNCEMENTS </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 3: Recent
Accounting Pronouncements&#148; in the Notes to Consolidated Financial Statements for a discussion of accounting guidance recently adopted by the Company. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>RESULTS OF OPERATIONS </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Summary of Consolidated Results </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents a summary of our consolidated financial results for the years ended December&nbsp;31, 2014, 2013 and 2012: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except for per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">629</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">837</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average number of common shares outstanding:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;188,171,503</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;189,071,011</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;188,834,626</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190,898,627</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190,312,913</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189,897,021</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Consolidated total revenues for the year ended December&nbsp;31, 2014 included $459 million of net gains on insured derivatives compared
with $232 million and $1.5 billion of net gains for 2013 and 2012, respectively. The net gains on insured derivatives in 2014 were principally the result of commuting derivative liabilities at prices below their fair values, partially offset by
settlement and claim payments. The net gains on insured derivatives in 2013 were principally the result of changes in the weighted average life of transactions, commuting derivative liabilities at prices below their fair values and favorable changes
in spreads and pricing on collateral, partially offset by the favorable effects of changes in the market&#146;s perception of MBIA Corp.&#146;s nonperformance risk on its derivative liabilities. The net gains on insured derivatives in 2012 were
principally associated with the unfavorable effects of changes in the market&#146;s perception of MBIA Corp.&#146;s nonperformance risk on its derivative liabilities, commuting derivative liabilities at prices below their fair values and the result
of favorable changes in spreads and pricing on collateral. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">38 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Consolidated total expenses for the year ended December&nbsp;31, 2014 included $133 million of net insurance loss and
LAE compared with $117 million and $50 million for 2013 and 2012, respectively. The increase in net insurance loss and LAE in 2014 when compared with 2013 was principally related to an increase in loss on certain RMBS exposures, partially offset by
a decrease in losses related to certain U.S. public finance transactions. The increase in net insurance loss and LAE in 2013 when compared with 2012 was principally related to increases in losses related to certain U.S. public finance transactions.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>European Sovereign Debt Exposure </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Uncertainties regarding
European sovereign debt have affected the global economy. Outside the U.S., financial guarantee insurance has been used by issuers of sovereign-related and sub-sovereign bonds, structured finance securities, utility debt and financing for public
purpose projects, among others. MBIA does not insure any direct European sovereign debt. However, we do insure both structured finance and public finance obligations in select international markets. MBIA&#146;s indirect European sovereign insured
debt exposure totaled $7.2 billion as of December&nbsp;31, 2014 and included obligations of sovereign-related and sub-sovereign issuers, such as regions, departments and sovereign-owned entities that are supported by a sovereign state, region or
department. Of the $7.2 billion of insured gross par outstanding, $571 million, $363 million, and $225 million related to Spain, Portugal, and Ireland, respectively. The remaining $6.0 billion related to the United Kingdom. We closely monitor our
existing insured European portfolios on an ongoing basis. We consider country risk, including economic and political factors, the type and quality of local regulatory oversight, the strength of the legal framework in each country and the stability
of the local institutional framework. We also monitor local accounting, regulatory and legal requirements, local financial market developments, the impact of exchange rates and local demand dynamics. A default by one or more sovereign issuers could
have an adverse effect on our insured debt exposures. The Company has an immaterial amount of direct and indirect European sovereign debt holdings included in its investment portfolios. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Operating Income (Loss) </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to our results prepared in
accordance with GAAP, we also analyze the operating performance of the Company using operating income (loss) and operating income (loss) per diluted common share, both non-GAAP measures. We consider operating income (loss) and operating income
(loss) per diluted common share fundamental measures of periodic financial performance which we believe is useful for an understanding of our results. Operating income (loss) and operating income (loss) per diluted common share are not substitutes
for net income (loss) and net income (loss) per diluted common share determined in accordance with GAAP, and our definitions of operating income (loss) and operating income (loss) per diluted common share may differ from those used by other
companies. Previously, we had used adjusted pre-tax income (loss), a non-GAAP measure, to supplement the analysis of our results. As a result of the recognition of the minor impact of shareholder value of the results of our international and
structured finance insurance segment, the liquidation of our conduit and advisory services businesses and the realignment of the management of our asset/liability products and our corporate activities, we consider operating income (loss) a better
metric than adjusted pre-tax income (loss) to assess our performance. Previous to using adjusted pre-tax income (loss), and before the financial crisis, we used a non-GAAP measure similar to our current operating income (loss) measure. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Operating income (loss) and operating income (loss) per diluted common share include the combined after-tax results of our U.S. public finance insurance and corporate
segments and remove the after-tax results of activities that are not part of our ongoing business strategy. This includes the activities of our international and structured finance insurance, advisory services and conduit segments (collectively,
&#147;Non-Core Segments&#148;). We consider these segments Non-Core Segments since we do not expect to write new business in our international and structured finance insurance segment in the foreseeable future, we exited our advisory services
segment through the sale of Cutwater effective January&nbsp;1, 2015, and in the second quarter of 2014, we liquidated our conduit segment. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">39 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to removing our Non-Core Segments, operating income (loss) is adjusted for the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of the after-tax impact of mark-to-market gains (losses) on financial instruments that primarily include interest rate swaps and hybrid financial instruments. Also eliminated are the mark-to market gains
(losses) on warrants issued by the Company. All of these amounts fluctuate based on market interest rates, credit spreads, MBIA Inc.&#146;s common stock price and other market factors and are not expected to result in an economic gain or loss.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of the after-tax impact of foreign exchange gains (losses) on the remeasurement of certain assets and liabilities and transactions in non-functional currencies. Given the possibility of volatility in foreign
exchange markets, we exclude the impact of foreign exchange gains (losses) to provide a measurement of comparability of operating income (loss). </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of the after-tax impact of gains (losses) on the sale of investments and net investment losses related to other-than-temporary impairments (&#147;OTTI&#148;) since the timing of the sales of investments is
subject to management&#146;s assessment of market opportunities and liquidity needs and OTTI is assessed by several factors including credit losses and our intention to sell investments before an expected recovery. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of the after-tax impact of net gains (losses) on the extinguishment of debt as we believe it is useful to exclude these gains (losses) since they are executed when we believe it is an appropriate deployment
of capital in excess of amounts needed to support our liquidity needs. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of deferred income tax valuation allowance on these adjustments. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents our combined
operating income (loss) and operating income (loss) per diluted common share (both non-GAAP measures) and provides reconciliations of GAAP net income (loss) to operating income (loss) and GAAP net income (loss) per diluted common share to operating
income (loss) per diluted common share for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions, except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: net income of Non-Core Segments, including eliminations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">922</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: after-tax adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mark-to-market gains (losses) on financial instruments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign exchange gains (losses)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on sales of investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to OTTI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax valuation allowance on adjustments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating income (loss) per diluted common share<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.08)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average diluted shares used in calculation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">191</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Gross amounts are reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; and the
corresponding tax effects are reported within &#147;Provision (benefit) for income taxes&#148; on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Provision (benefit) for income taxes&#148; on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Operating income (loss) per diluted common share is calculated by taking operating income (loss) divided by GAAP weighted average number of
diluted common shares outstanding. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2014, our combined operating income increased when compared with 2013 primarily as a result
of decreases in insurance losses and LAE, operating and interest expense and amortization of deferred acquisition costs, partially offset by lower premiums earned and lower net investment income. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2013, our combined operating loss increased when compared with 2012 primarily as a result of lower premiums earned, lower net
investment income and an increase in insurance losses and LAE. These changes were partially offset by decreases in interest expense and amortization of deferred acquisition costs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">40 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Adjusted Book Value </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to book value per share, we also analyze ABV per share, a non-GAAP measure. We consider ABV a measure of fundamental value of the Company and the change in
ABV an important measure of financial performance. ABV adjusts GAAP book value to remove the after-tax results of activities in our Non-Core Segments. In addition, ABV adjusts for certain items which the Company believes will reverse from GAAP book
value through GAAP earnings and other comprehensive income, as well as to add in the impact of certain items which the Company believes will be realized in GAAP book value in future periods. The Company has limited such adjustments to those items
that it deems to be important to fundamental value and performance and which the likelihood and amount can be reasonably estimated. ABV assumes no new business activity. We have presented ABV to allow investors and analysts to evaluate the Company
using the same measure that MBIA&#146;s management regularly uses to measure financial performance and value. ABV is not a substitute for and should not be viewed in isolation of GAAP book value, and our definition of ABV may differ from that used
by other companies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, ABV per share was $24.87, an increase from $24.05 as of December&nbsp;31, 2013. The increase in ABV per share was
primarily driven by net income for 2014 and a decrease in common shares outstanding from the share repurchases made by the Company during 2014. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table
provides a reconciliation of consolidated book value per share to consolidated ABV per share: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="92%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except share and per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total shareholders&#146; equity of MBIA Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,929</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Common shares outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191,942,895</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192,249,884</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Book value per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20.47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17.05</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reverse book value of Non-Core Segments (after-tax)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reverse net unrealized (gains) losses included in other comprehensive income (after-tax)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Add net unearned premium revenue (after-tax)<SUP STYLE="font-size:85%; vertical-align:top">(2)(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total adjustments per share</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted book value per share</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24.87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24.05</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;The book value
for Non-Core Segments, primarily the international and structured finance insurance segment, does not provide significant economic or shareholder value to MBIA Inc. Amounts are net of any deferred taxes available to MBIA Inc. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Consists of financial guarantee premiums, net of deferred acquisition costs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;The discount rate on financial guarantee installment premiums was the risk-free rate as defined by the accounting principles for financial guarantee insurance
contracts and the discount rate on insured derivative installment revenue and impairments was 5% as of December&nbsp;31, 2014 and 2013. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our &#147;Net unearned
premium revenue&#148; adjustment to book value per share consists of unearned premium revenue net of prepaid reinsurance premiums related to financial guarantee insurance contracts and the unamortized portion of insurance-related deferred fee
revenue. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our U.S. public finance
insurance business is primarily conducted through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, insured obligations
when due or, in the event National has exercised, at its discretion, the right to accelerate insured obligations upon default or otherwise. National&#146;s guarantees insure municipal bonds, including tax-exempt and taxable indebtedness of U.S.
political subdivisions, as well as utility districts, airports, healthcare institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance
projects that serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, user fees or tariffs related to the use of these projects,
lease payments or other similar types of revenue streams. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">41 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents our U.S. public finance insurance segment results for the years ended December&nbsp;31,
2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;vs.&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;vs.&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;366</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;492</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-21%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">218</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-16%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-35%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees and reimbursements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-67%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-10%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-76%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-148%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">443</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">518</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">838</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-38%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-110%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-24%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-35%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-42%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">267</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">269</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-60%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">251</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">222</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">169</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014, National insured $343 million of par, including $300 million relating to the DWSD Bonds. Subsequent to December&nbsp;31, 2014,
National insured an additional $26 million of gross par exposure, through February&nbsp;26, 2015. Low interest rates, narrow spreads and competitive pricing levels continue to severely limit new business opportunities. As of December&nbsp;31, 2014,
National was rated AA+ with a stable outlook by Kroll Bond Rating Agency, AA- with a stable outlook by S&amp;P and A3 with a negative outlook by Moody&#146;s. With these current ratings, National seeks to support the credit enhancement needs of
municipal debt issuers across the U.S. National maintains underwriting criteria for most municipal risk types and expects opportunities for new business across the spectrum of municipal sectors.&nbsp;National&#146;s underwriting criteria does not
limit it to particular sectors. We expect that the majority of its new business will be in the general obligation, tax-backed and revenue bond sectors.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OPERATING
INCOME (LOSS) In addition to the above results, we also analyze the operating performance of our U.S. public finance insurance segment using operating income (loss), a non-GAAP measure. We believe operating income (loss), as used by management, is
useful for an understanding of the results of operations of the Company. Operating income (loss) is not a substitute for net income (loss) determined in accordance with GAAP, and our definition of operating income (loss) may differ from that used by
other companies. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">42 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents a reconciliation of GAAP net income (loss) to operating income (loss) for the years ended
December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: after-tax adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on sales of investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to OTTI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">221</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">313</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Gross amounts are reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; and the
corresponding tax effects are reported within &#147;Provision (benefit) for income taxes&#148; on the Company&#146;s consolidated statements of operations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the
year ended December&nbsp;31, 2014, our U.S. public finance insurance segment&#146;s operating income increased when compared with 2013 primarily as a result of decreases in insurance losses and LAE, consulting fees and legal and litigation related
costs and a lower impairment charge on our Armonk, New York facility. These changes were partially offset by lower premiums earned and lower net investment income. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2013, our U.S. public finance insurance segment&#146;s operating income decreased when compared with 2012 primarily as a result of
decreases in net premiums earned and net investment income and an increase in insurance losses and LAE. These changes were partially offset by a decrease in legal and litigation related costs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET PREMIUMS EARNED Net premiums earned on financial guarantees represent gross premiums earned net of premiums ceded to reinsurers, and include scheduled premium
earnings and premium earnings from refunded issues. The decrease in net premiums earned for 2014 compared with 2013 resulted from decreases in refunded premiums earned of $39 million and scheduled premiums earned of $38 million. The decrease in net
premiums earned for 2013 compared with 2012 resulted from decreases in refunded premiums earned of $102 million and $24 million in scheduled premiums earned. Scheduled premium earnings declined due to the refunding and maturity of insured issues
within our U.S. public finance portfolio with no material new insurance writings. Refunding activity over the past several years has accelerated premium earnings in prior periods and reduced the amount of scheduled premiums that would have been
earned in the current period. Refundings have experienced a decline when compared to the prior period due to an overall decrease in municipal market issuance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET
INVESTMENT INCOME The decreases in net investment income for 2014 compared with 2013 and 2012 were primarily due to lower yields on investment assets as a result of the repayment of a higher yielding secured loan by MBIA Corp. in May of 2013. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE AND FOREIGN EXCHANGE The unfavorable change in net gains (losses) on financial instruments at fair value and
foreign exchange for 2014 compared with 2013 and 2012 were principally due to decreases in net realized gains from the sales of securities from the ongoing management of our U.S. public finance insurance investment portfolio partially offset by
mark-to-market gains on financial instruments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET INVESTMENT LOSSES RELATED TO OTHER-THAN-TEMPORARY IMPAIRMENTS Net investment losses related to OTTI for 2014 was
primarily related to one impaired security for which a loss was recognized as the difference between its amortized cost and the net present value of its projected cash flows. This OTTI resulted from liquidity concerns, downgrades in credit and other
adverse financial conditions of the issuer. Refer to the &#147;Liquidity&#148; section included herein for additional information about impaired investments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OTHER
NET REALIZED GAINS (LOSSES) Other net realized gains (losses) for 2014 included an insurance recovery received on an errors and omissions liability policy of $18 million, partially offset by an additional impairment charge on our Armonk, New York
facility of $3 million. Other net realized gains (losses) for 2013 related to an impairment charge of $29 million on our Armonk, New York facility. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">43 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">LOSS AND LOSS ADJUSTMENT EXPENSES National&#146;s portfolio surveillance group is responsible for monitoring our U.S.
public finance segment&#146;s insured obligations. The level and frequency of monitoring of any insured obligation depends on the type, size, rating and performance of the insured issue. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note&nbsp;2: Significant Accounting Policies&#148; and &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated
Financial Statements for a description of the Company&#146;s loss reserving policy and additional information related to its loss reserves. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table
presents information about our U.S. public finance insurance loss and LAE expenses for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;vs.&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;vs.&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and LAE related to expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(30)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-57%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Recoveries of expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(46)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-74%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross losses incurred</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-110%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-110%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The benefit in losses and LAE for the year ended December&nbsp;31, 2014 primarily related to decreases in reserves for certain general obligation
bonds, partially offset by increases in reserves for Puerto Rico exposures. The losses and LAE for the year ended December&nbsp;31, 2013 primarily related to certain general obligation bonds and a loss related to the difference in the value of a
salvage receivable recorded and the fair market value of the marketable securities received in the third quarter of 2013 in connection with the restructuring of a gaming revenue transaction. Any subsequent change in the fair market value of the
marketable securities is accounted for in accordance with available-for-sale (&#147;AFS&#148;) securities. Refer to &#147;Note 2: Significant Accounting Policies&#148; in the Notes to Consolidated Financial Statements included in this Annual Report
on Form 10-K for additional information related to AFS securities. For the year ended December&nbsp;31, 2012, losses and LAE primarily related to certain general obligation bonds and lease transactions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents information about our U.S. public finance insurance loss and LAE reserves and recoverables as of December&nbsp;31, 2014 and 2013: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;December&nbsp;31,&nbsp;2014&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;December&nbsp;31,&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;Percent&nbsp;Change&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-52%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected recoveries on unpaid losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(25)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(60)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-58%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and LAE reserves</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-48%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-69%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on paid and unpaid losses<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Other assets&#148; on our consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loss and LAE reserves as of December&nbsp;31, 2014 decreased compared with December&nbsp;31,
2013 primarily as a result of decreases in expected payments on certain general obligation bonds, partially offset by increases in expected payments for Puerto Rico exposures. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">44 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in our U.S. public finance loss and LAE reserves are both reserves for insured obligations for which a payment
default has occurred and National has already paid a claim and also for which a payment default has not yet occurred, but a claim is expected in the future. The following table includes LAE reserves, but excludes par outstanding, as of
December&nbsp;31, 2014 and 2013 for one issue that had no expected future claim payments, but for which National was obligated to pay LAE incurred in prior periods. As of December&nbsp;31, 2014 and 2013, loss and LAE reserves comprised the
following: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of Issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and LAE Reserve</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Par Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross of reinsurance:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues with defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">621</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues without defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,501</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross of reinsurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,624</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">708</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Par
outstanding as of December&nbsp;31, 2014 increased compared with December&nbsp;31, 2013 as a result from the addition of a Puerto Rico issue to our &#147;Classified List.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">POLICY ACQUISITION COSTS AND OPERATING EXPENSES U.S. public finance insurance segment expenses for the years ended December&nbsp;31, 2014, 2013 and 2012 are presented
in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;vs.&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;vs.&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-42%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-24%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-35%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-42%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total insurance operating expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-28%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-35%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross expenses represent total insurance expenses before the deferral of any policy acquisition costs. Gross expenses decreased for the
year ended December&nbsp;31, 2014 compared with 2013 due to decreases in consulting fees and legal and litigation related costs. Gross expenses decreased for the year ended December&nbsp;31, 2013 compared with 2012 due to decreases in legal and
litigation related costs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs decreased for the year ended December&nbsp;31, 2014 compared with 2013 due to lower refunding
activity in 2014. Amortization of deferred acquisition costs decreased for the year ended December&nbsp;31, 2013 compared with 2012 due to higher refunding activity in 2012. We did not defer a material amount of policy acquisition costs during 2014,
2013 or 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INSURED PORTFOLIO EXPOSURE Financial guarantee insurance companies use a variety of approaches to assess the underlying credit risk profile of their
insured portfolios. MBIA uses both an internally developed credit rating system as well as third-party rating sources in the analysis of credit quality measures of its insured portfolio. In evaluating credit risk, we obtain, when available, the
underlying rating of the insured obligation before the benefit of its insurance policy from nationally recognized rating agencies, Moody&#146;s and S&amp;P. Other companies within the financial guarantee industry may report credit quality
information based upon internal ratings that would not be comparable to our presentation. We maintain internal ratings on our entire portfolio, and our ratings may be higher or lower than the ratings assigned by Moody&#146;s or S&amp;P. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">45 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the credit quality distribution of MBIA&#146;s U.S. public finance outstanding gross par
insured as of December&nbsp;31, 2014 and 2013. Capital appreciation bonds (&#147;CABs&#148;) are reported at the par amount at the time of issuance of the insurance policy. All ratings are as of the period presented and represent S&amp;P ratings. If
transactions are not rated by S&amp;P, a Moody&#146;s equivalent rating is used. If transactions are not rated by either S&amp;P or Moody&#146;s, an internal equivalent rating is used. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom"><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Rating</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>%</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>%</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">AAA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16,293</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">AA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107,399</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133,188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">80,744</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99,631</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">BBB</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17,131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23,127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Below investment grade</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,607</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">222,293</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">276,846</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance Puerto Rico Exposures </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following is a summary of exposures within the insured portfolio of our U.S. public finance insurance segment related to Puerto Rico as of December&nbsp;31, 2014.
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross&nbsp;Par&nbsp;Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>National&nbsp;Internal&nbsp;Rating</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Electric Power Authority (PREPA)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,422</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Commonwealth GO<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">bbb3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Highway and Transportation Authority Transportation Revenue (PRHTA)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">792</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">bb3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Sales Tax Financing Corporation (COFINA)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">684</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">a3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Government Development Bank GO</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">267</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">bbb3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Highway and Transportation Authority Highway Revenue (PRHTA)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">bb2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">University of Puerto Rico System Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">bbb3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Inter American University of Puerto Rico Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">a3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Industrial Development Company</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">bbb2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,541</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes CABs that reflect the gross par amount at the time of issuance of the insurance policy. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In June of 2014, the Governor of Puerto Rico signed into law the Public Corporations Debt Enforcement and Recovery Act (the &#147;Recovery Act&#148;) that established a
bankruptcy framework for public corporations including PRHTA (highway authority), PREPA (power authority) and Puerto Rico Aqueduct and Sewer Authority (water and sewer authority). The legislature&#146;s statement of motives for the Recovery Act
excludes certain other entities from seeking relief under the Recovery Act, including, among others, Puerto Rico, COFINA, the Government Development Bank of Puerto Rico (&#147;GDB&#148;), the University of Puerto Rico, and the Puerto Rico Industrial
Development Company. According to the government, the intent of the Recovery Act was to stabilize the island&#146;s fiscal condition and protect and reinforce Puerto Rico&#146;s credit. The law was immediately challenged on constitutional grounds in
U.S. District Court by a number of bondholders. Largely as a result of the Recovery Act being interpreted as an unwillingness to pay, the ratings of the Commonwealth and all other Puerto Rico issuers were downgraded to non-investment grade status
except for COFINA. These rating downgrades have limited traditional market access for the Commonwealth and its instrumentalities and caused liquidity constraints. In February of 2015, the Recovery Act was ruled unconstitutional. Following this, an
appeal was filed to the U.S. Court of Appeals by Puerto Rico. The appeal is pending. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">46 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While Puerto Rico is experiencing fiscal stress that could lead to defaults on its debt obligations, it has taken steps
to address its significant financial challenges by the passage of a balanced general fund budget for the fiscal year ending June&nbsp;30, 2015, the passing of comprehensive reform of its employee retirement system, and the enactment of the Fiscal
Sustainability Act, which allows the government to exercise emergency powers, including steps to lower spending on government operations and labor, to deal with its fiscal crisis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Although we have downgraded our internal rating of certain Puerto Rico issuers to below investment grade, all of the insured obligations included in the preceding table
are presently current on debt service payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s outstanding gross par exposure to Puerto Rico was reduced by $290 million on July&nbsp;1, 2014 as a
result of debt service payments made by Puerto Rico, including $109 million and $54 million of debt service payments on exposure to PREPA and PRTHA, respectively. Following the July&nbsp;1 debt service payment date, PREPA announced that it did not
make a June&nbsp;25, 2014 deposit to the bond service account and redemption account used to fund debt service payments on its bonds. PREPA also announced that in order to cover the shortfall in the amounts available to make the July&nbsp;1 debt
service payment, the trustee for the bonds withdrew approximately $41.6 million from the reserve account for the bonds, which amount included approximately $10.6 million in excess of the amount of interest determined by PREPA to be payable on the
bonds within the ensuing twelve months. In August of 2014, National, along with other insurers and certain bondholders provided a forbearance and amendment through March&nbsp;31, 2015. The forbearance and amendment provides PREPA with access to
approximately $280 million in its construction fund for payment of current expenses and capital improvements, subject to certain terms and conditions. As part of the conditions to the forbearance, PREPA retained a Chief Restructuring Officer and
agreed to certain disclosure covenants, including weekly cash flow forecasts, a report on its accounts receivables, and a draft business plan. PREPA has requested an extension of the forbearance agreement through June of 2015. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Meanwhile, the Governor of Puerto Rico has been pushing legislative steps to restore the financial health of PRHTA and eliminate the recurring need for deficit
financing from the GDB. Through October of 2014, National and certain other bond insurers were actively engaged in discussions with the GDB and PRHTA&#146;s advisors regarding legislative steps that would support PRHTA. The legislation was signed
into law by the Governor of Puerto Rico in January of 2015 and provides for an increase in the aggregate petroleum products tax from $9.25 per barrel to $15.50 per barrel, the reallocation of a portion of the petroleum products tax to another
entity, and allows for transfer of certain PRHTA debts to another entity for repayment. The legislation has undergone amendments since its passage, and it is possible that the legislature may pass further amendments to the bill. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In February of 2015, S&amp;P and Moody&#146;s further downgraded the ratings of all the issuers of Puerto Rico and its instrumentalities, including COFINA, to below
investment grade ratings with a negative outlook due to narrowing liquidity, sluggish economic growth and uncertainty regarding the administration&#146;s proposed tax legislation. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International and Structured Finance Insurance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our international and
structured finance insurance portfolio is principally operated through MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other
amounts owing on, non-U.S. public finance and global structured finance insured obligations when due or, in the event MBIA Corp. has the right, at its discretion, to accelerate insured obligations upon default or otherwise, upon MBIA Corp.&#146;s
acceleration. Certain guaranteed investment contracts written by MBIA Inc. are insured by MBIA Corp., and if MBIA Inc. or such subsidiaries were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such
payments under its insurance policies. MBIA Corp. also insured debt obligations of other affiliates, including GFL and MBIA Investment Management Corp. (&#147;IMC&#148;). MBIA Corp. has also written insurance policies guaranteeing the obligations
under credit default swaps (&#147;CDS&#148;) contracts of an affiliate, LaCrosse Financial Products, LLC (&#147;LaCrosse&#148;), including termination payments that may become due in certain events, including the insolvency or payment defaults of
MBIA Corp. or LaCrosse. MBIA Insurance Corporation also provides reinsurance to its insurance subsidiaries. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">47 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures non-U.S. public finance and global structured finance, including asset-backed, obligations. MBIA
Corp. has insured sovereign-related and sub-sovereign bonds, utilities, privately issued bonds used for the financing of projects that include toll roads, bridges, airports, public transportation facilities, and other types of infrastructure
projects serving a substantial public purpose. Global structured finance and asset-backed obligations typically are securities repayable from expected cash flows generated by a specified pool of assets, such as residential and commercial mortgages,
insurance policies, consumer loans, corporate loans and bonds, trade and export receivables, and leases for equipment, aircraft and real estate property. We no longer insure new credit derivative contracts except for transactions related to the
reduction of existing derivative exposure. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents our international and structured finance insurance segment results for the years ended
December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;vs.&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;vs.&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-50%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees and reimbursements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-42%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in fair value of insured derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(445)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,548)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(407)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-71%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,777</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,870</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-49%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">458</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">229</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,463</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-84%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-37%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-68%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">819</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">716</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,871</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-62%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-59%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-19%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-43%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">237</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-31%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-32%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-25%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-40%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">418</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">575</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">384</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">298</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-77%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">432</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-77%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">864</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-77%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">48 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the years ended December&nbsp;31, 2014, 2013 and 2012, we did not have any new international and structured finance
insurance writings. The lack of insurance writings in our international and structured finance insurance segment reflects the insurance financial strength credit ratings assigned to MBIA Corp. by the major rating agencies. We do not expect to write
new business in our international and structured finance insurance segment in the foreseeable future and our primary strategies are risk reduction, loss mitigation and value preservation. As of December&nbsp;31, 2014, MBIA Corp.&#146;s total insured
gross par outstanding was $55.2 billion. Since December&nbsp;31, 2007, our total insured gross par outstanding has decreased approximately 83% from $331.2 billion. Furthermore, MBIA UK is no longer licensed to write new business as a result of being
placed in run-off during 2013, and any new financial guarantee insurance would require regulatory approval. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET PREMIUMS EARNED Our international and structured
finance insurance segment generates net premiums from insurance policies accounted for as financial guarantee contracts. Certain premiums may be eliminated in our consolidated financial statements as a result of the Company consolidating variable
interest entities (&#147;VIEs&#148;). In addition, we generate net premiums from insured credit derivatives that are included in &#147;Realized gains (losses) and other settlements on insured derivatives&#148; on our consolidated statements of
operations. The following table provides net premiums earned from our financial guarantee contracts for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-U.S.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-19%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-23%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total net premiums earned</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">VIEs (eliminated in consolidation)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net premiums earned represent gross premiums earned net of premiums ceded to reinsurers, and include scheduled premium earnings and
premium earnings from refunded issues. Net premiums earned increased slightly for 2014 compared with 2013 primarily due to an increase in refunded premiums earned from the termination of a policy, partially offset by decreases in scheduled premiums
earned from the maturity and early settlement of insured transactions with no material writings of new insurance policies. Net premiums earned decreased for 2013 compared with 2012 primarily due to the maturity and early settlement of insured
transactions with no material writings of new insurance policies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">FEES AND REIMBURSEMENTS The increase in fees and reimbursements for 2014 compared with 2013 was
primarily due to an increase in termination and waiver and consent fees related to ongoing management of our international and structured finance insurance business, partially offset by a decrease in ceding commission income from National. The
decrease in fees and reimbursements for 2013 compared with 2012 was primarily due to a decrease in waiver and consent fees related to the ongoing management of our international and structured finance insurance business. Due to the
transaction-specific nature inherent in fees and reimbursements, these revenues can vary significantly from period to period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">49 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET CHANGE IN FAIR VALUE OF INSURED DERIVATIVES The following table presents the net premiums and fees earned related
to derivatives and the components of the net change in fair value of insured derivatives for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums and fees earned on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-49%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-39%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(463)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,583)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(464)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-71%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(445)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,548)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(407)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-71%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,777</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,870</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-49%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;458</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,463</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-84%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company no longer insures new credit derivative contracts except in transactions related to the restructuring or reduction of existing
derivative exposure. Premiums earned related to insured credit derivatives will decrease over time as a result of settlements prior to maturity and scheduled amortizations. For the year ended December&nbsp;31, 2014, realized losses on insured
derivatives resulted primarily from settlements and claim payments on CMBS transactions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2014, unrealized gains on insured
derivatives were principally associated with the reversal of unrealized losses from commutations. For the year ended December&nbsp;31, 2013, unrealized gains on insured derivatives were principally associated with the reversal of unrealized losses
from commutations, a decline in the weighted average life on transactions and favorable changes in spread/prices on the underlying collateral, partially offset by the effects of MBIA&#146;s nonperformance risk on its derivative liabilities. For the
year ended December&nbsp;31, 2012, unrealized gains on insured derivatives were principally associated with the reversal of unrealized losses from commutations, the effects of MBIA Corp.&#146;s nonperformance risk on its derivative liabilities and
result of favorable movements in spreads and pricing on collateral within transactions, partially offset by collateral erosion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA
Corp.&#146;s five year CDS cost was 16.71% upfront plus 5%&nbsp;per annum compared with 13.63% upfront plus 5%&nbsp;per annum and 48.75% upfront plus 5%&nbsp;per annum as of December&nbsp;31, 2013 and 2012, respectively. As of December&nbsp;31, 2014
and 2013, the fair value of MBIA Corp.&#146;s insured CDS liability was $244 million and $1.2 billion, respectively. Our mark-to-market on insured credit derivatives uses the most appropriate of the one to ten year CDS cost for each transaction, and
those costs ranged from 3.68% upfront plus 5%&nbsp;per annum to 18.98% upfront plus 5%&nbsp;per annum as of December&nbsp;31, 2014. As of December&nbsp;31, 2013, those costs ranged from 2.00% upfront plus 5%&nbsp;per annum to 19.25% upfront plus
5%&nbsp;per annum. As of December&nbsp;31, 2012, those costs ranged from 37.50% upfront plus 5%&nbsp;per annum to 50.50% upfront plus 5%&nbsp;per annum. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
December&nbsp;31, 2014, MBIA Corp. had $9.5 billion of gross par outstanding on insured credit derivatives compared with $24.0 billion on December&nbsp;31, 2013. The decrease in gross par outstanding was primarily due to commutations, contractual
terminations, amortizations and maturities. During the year ended December&nbsp;31, 2014, thirteen insured issues, representing $13.5 billion in gross par outstanding, either matured or were contractually terminated. As of December&nbsp;31, 2014, 19
insured issues remained, of which 10 insured issues with total gross par outstanding of $7.5 billion are scheduled to mature between 2015 and 2016. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">50 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Since our insured credit derivatives have similar terms, conditions, risks, and economic profiles as our financial
guarantee insurance policies, we evaluate them for impairment periodically in the same way that we estimate loss and LAE for our financial guarantee policies. Credit impairments on insured derivatives represent actual payments plus the present
values of our estimates of expected future claim payments, net of expected future recoveries. MBIA Corp.&#146;s expected future claim payments were discounted using a rate of 5.17%, the same rate used to calculate its statutory loss reserves as of
December&nbsp;31, 2014. MBIA UK used a rate of 2.20% to discount its expected future claim payments and statutory loss reserves. We estimated that additional credit impairments on insured derivatives (excluding LAE) for the year ended
December&nbsp;31, 2014 were $79 million across eight insured issues. As of December&nbsp;31, 2014, statutory loss and LAE reserves related to credit impairments were $129 million. Refer to the following &#147;Loss and Loss Adjustment Expenses&#148;
section for additional information about credit impairments on insured derivatives. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our estimate of credit impairments, a non-GAAP measure, may differ from the
fair values recorded in our consolidated financial statements. The Company believes its disclosure of credit impairments on insured derivatives provides additional meaningful information about potential realized losses on these contracts. The fair
value of an insured derivative contract will be influenced by a variety of market and transaction-specific factors that may be unrelated to potential future claim payments. In the absence of credit impairments or the termination of derivatives at
losses, the cumulative unrealized losses recorded from insured derivatives should reverse before or at the maturity of the contracts. Contracts also may be settled prior to maturity at amounts that may be more or less than their recorded fair
values. Those settlements can result in realized gains or losses, and will result in the reversal of unrealized gains or losses. The Company is not required to post collateral to counterparties of these contracts. Refer to &#147;Risk Factors&#148;
in Part I, Item&nbsp;1A of this Annual Report on Form 10-K for information on legislative changes that could require collateral posting by MBIA Corp. notwithstanding the contract terms. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE AND FOREIGN EXCHANGE The decreases in net gains on financial instruments at fair value and foreign exchange
for 2014 compared with 2013 and 2012 were primarily due to realized losses from foreign currency revaluation related to Chilean Unidad de Fomento and decreases in net realized gains from the sales of securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET INVESTMENT LOSSES RELATED TO OTHER-THAN-TEMPORARY IMPAIRMENTS Net investment losses related to OTTI for 2012 related to impaired securities that were written down
to their fair values as it was our intent to sell the securities before an expected recovery of their fair values to their amortized costs. Refer to &#147;Liquidity&#148; section herein for additional information about impaired investments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OTHER NET REALIZED GAINS (LOSSES) Other net realized gains (losses) for 2014 primarily related to an insurance recovery received on an errors and omissions liability
policy. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">REVENUES OF CONSOLIDATED VIEs For 2014, total revenues of consolidated VIEs were $102 million compared with total revenues of $217 million for 2013 and $61
million for 2012. The decrease in revenues of consolidated VIEs for 2014 when compared to 2013 was primarily related to a decrease in net gains from second-lien RMBS put-back claims on ineligible mortgage loans. The increase in revenues of
consolidated VIEs for 2013 when compared to 2012 was primarily related to an increase in net gains from second-lien RMBS put-back claims on ineligible mortgage loans. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">LOSS AND LOSS ADJUSTMENT EXPENSES MBIA&#146;s insured portfolio management group within our international and structured finance insurance business is responsible for
monitoring international and structured finance insured obligations. The level and frequency of monitoring of any insured obligation depends on the type, size, rating and performance of the insured issue. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial Statements for a description of the Company&#146;s loss
reserving policy and additional information related to its loss reserves. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">51 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Summary of Financial Guarantee Insurance Losses and LAE </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents information about our financial guarantee insurance losses and LAE recorded in accordance with GAAP for the years ended December&nbsp;31,
2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and LAE related to expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-83%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Recoveries of expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(382)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-85%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross losses incurred</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-57%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-59%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2014, the increase in losses and LAE related to expected payments of $72 million primarily related to insured first-lien RMBS transactions, high
yield corporate CDOs and other activity, partially offset by benefits related to an international road transaction and ABS CDOs. The decrease in recoveries of expected payments of $71 million primarily related to decreases of projected collections
from excess spread within insured second-lien RMBS securitizations and expected recoveries on an international road transaction, partially offset by an increase in recoveries of expected payments related to insured first-lien RMBS transactions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Excess spread is generated by performing loans within insured second-lien RMBS securitizations and is the difference between interest inflows on mortgage loan
collateral and interest outflows on insured beneficial interests. The amount of excess spread depends on the future loss trends (which include future delinquency trends, average time to charge-off delinquent loans and the availability of pool
mortgage insurance), the future spread between prime and the London Interbank Offered Rate (&#147;LIBOR&#148;) interest rates, and borrower refinancing behavior which results in voluntary prepayments. Minor deviations in loss trends and voluntary
prepayments may substantially impact the amounts we collect from excess spread. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2013, the increase in losses and LAE related to expected payments of $69
million primarily related to insured second-lien RMBS transactions and other activity. This was partially offset by a benefit related to insured first-lien RMBS transactions. Included in the increase in recoveries of expected payments of $56 million
were recoveries primarily resulting from ineligible mortgage loans included in insured exposures and activity related to insured first-lien transactions, partially offset by a reduction in excess spread within the securitizations. In addition, there
was a decrease in other activity that related to a reversal of recoveries related to high yield corporate CDOs, partially offset by an increase in recoveries related to an international road transaction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2012, the increase in losses and LAE related to expected payments of $412 million primarily related to insured second-lien RMBS transactions, insured first-lien
RMBS transactions and other activity. Included in the increase in recoveries of expected payments of $382 million were recoveries related to second-lien RMBS transactions resulting from ineligible mortgage loans included in insured exposures that
were subject to contractual obligations by sellers/servicers to repurchase or replace such mortgage loans. This was partially offset by a reduction in excess spread within the securitizations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the years ended December&nbsp;31, 2014, 2013 and 2012, losses and LAE incurred included the elimination of a $20 million expense, a $56 million benefit and a $140
million expense, respectively, as a result of the consolidation of VIEs. The $20 million expense elimination for the year ended December&nbsp;31, 2014 included gross losses related to expected payments of $21 million, partially offset by gross
recoveries of expected payments of $1 million. The $56 million benefit for the year ended December&nbsp;31, 2013 included gross recoveries of expected payments of $98 million, partially offset by gross losses related to expected payments of $42
million. The $140 million expense for the year ended December&nbsp;31, 2012 included gross losses related to expected payments of $100 million and recoveries of expected payments of $40 million. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">52 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents information about our insurance reserves and recoverable as of December&nbsp;31, 2014 and
2013. The Company&#146;s insurance loss recoverable represents expected potential recoveries of paid claims based on probability-weighted net cash inflows discounted at applicable risk-free rates as of the measurement date. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,</B><br><B>2014</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,</B><br><B>2013</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">583</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected recoveries on unpaid losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(122)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(146)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-16%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and LAE reserves</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">461</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">554</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">529</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">681</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable&#151;ceded<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-80%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on paid and unpaid losses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Other liabilities&#148; on our consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Other assets&#148; on our consolidated balance sheets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in MBIA Corp.&#146;s loss and LAE reserves are both reserves for insured obligations for which a payment default has occurred and MBIA Corp. has already paid a
claim and also for which a payment default has not yet occurred but a claim is expected in the future. The following table includes LAE reserves, but excludes par outstanding, as of December&nbsp;31, 2014 and 2013 for two issues and one issue,
respectively, that had no expected future claim payments or par outstanding, but for which MBIA Corp. was obligated to pay LAE incurred in prior periods. As of December&nbsp;31, 2014 and 2013, loss and LAE reserves comprised the following: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="84%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of Issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and LAE Reserve</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Par Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross of reinsurance:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues with defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">344</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">388</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,885</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues without defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,492</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,029</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross of reinsurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">461</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">554</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,377</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,153</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
December&nbsp;31, 2014, we had loss and LAE reserves related to our remaining insured first and second-lien RMBS exposure of $354 million before eliminating $21 million of loss and LAE reserves related to our consolidated VIEs. The loss and LAE
reserves represent the present value of the difference between cash payments we expect to make on the insured transactions and the excess spread we expect from the performing mortgage loans in the securitizations. As payments are made, a portion of
those expected future receipts is recorded within &#147;Insurance loss recoverable&#148; on our consolidated balance sheets. The payments that we make virtually all go to reduce the principal balances of the securitizations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Aggregate Losses and LAE </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. faces significant risks and
uncertainties related to potential or actual losses from its first and second-lien RMBS, CDOs and other insured exposures. Continued significant adverse developments and higher than expected payments on these exposures and/or lower than expected
recoveries on the RMBS exposures, could result in a decline in the Company&#146;s liquidity and statutory capital position. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The impact of insured exposures on MBIA
Corp.&#146;s liquidity position is best understood by assessing the ultimate amount of payments and recoveries with respect to these exposures. In this regard, the Company discloses the discounted expected future net cash flows under all insurance
contracts, irrespective of the legal form of the guarantee (i.e., financial guarantee insurance policy or insured derivative contract) or the GAAP accounting basis. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">53 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All amounts presented in the following aggregate losses and LAE tables are calculated in accordance with GAAP, with the
exception of those related to insured credit derivative impairments. The amounts reported in aggregate losses and LAE for insured credit derivative impairments are calculated in accordance with U.S. STAT because GAAP does not contain a comparable
measurement basis for these contracts. All losses and recoverables reported in the following tables are measured using discounted probability-weighted cash flows. Losses and recoverables on VIEs that are eliminated in consolidation are included
because the consolidation of these VIEs does not impact whether or not we will be required to make payments under our insurance contracts. As a result of the different accounting bases of amounts included in the following tables, the total provided
in each table represents a non-GAAP measure. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the aggregate change in the discounted values of net payments expected to be made on all
insurance contracts for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Aggregate Losses and LAE (change in discounted values of net payments) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Second-lien</FONT><BR>RMBS<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">First-lien</FONT><BR>RMBS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CDOs<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Increase (decrease) in expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">(Increase) decrease in expected salvage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(36)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total aggregate losses and LAE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">242</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes HELOC loans and CES. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes ABS CDOs, CMBS and other CDOs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Primarily represents international road and utility transactions. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Second-lien</FONT><BR>RMBS<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">First-lien</FONT><BR>RMBS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CDOs<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Increase (decrease) in expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">539</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">718</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">(Increase) decrease in expected salvage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(206)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(169)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total aggregate losses and LAE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(66)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">613</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">549</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes HELOC loans and CES. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes ABS CDOs, CMBS and other CDOs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Primarily represents an international road transaction. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="54%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Second-lien</FONT><BR>RMBS<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">First-lien</FONT><BR>RMBS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CDOs<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Increase (decrease) in expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">346</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">804</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">(Increase) decrease in expected salvage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(333)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(308)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total aggregate losses and LAE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">836</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">998</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes HELOC loans and CES. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes ABS CDOs, CMBS and other CDOs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The decrease in
total aggregate losses and LAE for 2014 compared with 2013 was primarily due to decreases in expected payments on CMBS and second-lien RMBS exposures and favorable changes in projected collections from excess spread within insured second-lien RMBS
securitizations. These decreases were partially offset by a decrease in recoveries of ineligible mortgage loans included in insured second-lien RMBS exposures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
decrease in total aggregate losses and LAE for 2013 compared with 2012 was primarily due to decreases in expected payments on CMBS and first and second-lien RMBS exposures, partially offset by a decrease in expected salvage primarily related to
lower expected recoveries resulting from excess spread within the RMBS securitizations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">54 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to the information presented above, the following tables present aggregate losses and LAE for the years
ended December&nbsp;31, 2014, 2013 and 2012 by insurance type: </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Aggregate Losses and LAE by Insurance Type (change in discounted values of net payments) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Second-lien</FONT><BR>RMBS<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">First-lien</FONT><BR>RMBS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CDOs<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial guarantee insurance<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(25)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial guarantee insurance related to consolidated VIEs (eliminated in
consolidation)<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit derivatives (statutory basis)<SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total aggregate losses and LAE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">242</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes HELOC loans and CES. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes ABS CDOs, CMBS and other CDOs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Primarily represents international road and utility transactions. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(4)&#151;Included in &#147;Losses and loss adjustment&#148; as reported on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(5)&#151;Represents losses eliminated upon the consolidation of insured VIEs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(6)&#151;Represents statutory losses and LAE for insurance contracts accounted for as derivatives. Realized and unrealized gains and losses on these
contracts under GAAP are recorded in &#147;Net change in fair value of insured derivatives&#148; on the Company&#146;s consolidated statements of operations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Second-lien</FONT><BR>RMBS<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">First-lien</FONT><BR>RMBS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CDOs<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial guarantee insurance<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(70)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial guarantee insurance related to consolidated VIEs (eliminated in
consolidation)<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit derivatives (statutory basis)<SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">593</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total aggregate losses and LAE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(66)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">613</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">549</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes HELOC loans and CES. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes ABS CDOs, CMBS and other CDOs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Primarily represents an international road transaction. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(4)&#151;Included in &#147;Losses and loss adjustment&#148; as reported on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(5)&#151;Represents losses eliminated upon the consolidation of insured VIEs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(6)&#151;Represents statutory losses and LAE for insurance contracts accounted for as derivatives. Realized and unrealized gains and losses on these
contracts under GAAP are recorded in &#147;Net change in fair value of insured derivatives&#148; on the Company&#146;s consolidated statements of operations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Second-lien</FONT><BR>RMBS<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">First-lien</FONT><BR>RMBS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CDOs<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial guarantee insurance<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(151)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial guarantee insurance related to consolidated VIEs (eliminated in
consolidation)<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit derivatives (statutory basis)<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total aggregate losses and LAE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">836</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">998</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes HELOC loans and CES. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes ABS CDOs, CMBS and other CDOs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Included in &#147;Losses and loss adjustment&#148; as reported on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(4)&#151;Represents losses eliminated upon the consolidation of insured VIEs. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(5)&#151;Represents statutory losses and LAE for insurance contracts accounted for as derivatives. Realized and unrealized gains and losses on these
contracts under GAAP are recorded in &#147;Net change in fair value of insured derivatives&#148; on the Company&#146;s consolidated statements of operations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">55 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">POLICY ACQUISITION COSTS AND OPERATING EXPENSES International and structured finance insurance segment expenses for the
years ended December&nbsp;31, 2014, 2013 and 2012 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-44%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-19%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-43%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total insurance operating expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">194</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">247</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-31%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-21%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross expenses represent total insurance expenses before the deferral of any policy acquisition costs. Gross expenses decreased for the
year ended December&nbsp;31, 2014 compared with 2013 primarily due to decreases in costs associated with support provided by our corporate segment, compensation expense, consulting fees and legal and litigation related costs. Gross expenses
decreased for the year ended December&nbsp;31, 2013 compared with 2012 primarily due to decreases in legal and litigation related costs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The decreases in the
amortization of deferred acquisition costs for the year ended December&nbsp;31, 2014 compared with 2013 and 2012 principally reflect the acceleration of deferred costs into earnings in prior periods as policies were terminated. Operating expenses
decreased for the year ended December&nbsp;31, 2014 compared with 2013 and 2012 due to decreases in gross expenses. We did not defer a material amount of policy acquisition costs during the years ended 2014, 2013 or 2012. Policy acquisition costs in
these periods were primarily related to commissions and premium taxes on installment policies written in prior periods. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INTEREST EXPENSE Interest expense incurred
by our international and structured finance insurance segment decreased for 2014 compared with 2013 and 2012 primarily due to the repayment of a secured loan from National in May of 2013. In addition, during 2013, the interest rate on MBIA
Corp.&#146;s surplus notes decreased as a result of the conversion to a floating rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">EXPENSES OF CONSOLIDATED VIEs For 2014, total expenses of consolidated VIEs
were $48 million compared with total expenses of $52 million for 2013 and $62 million for 2012. The decreases in expenses of consolidated VIEs were primarily related to the deconsolidation of VIEs from commutations of insurance policies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INSURED PORTFOLIO EXPOSURE The credit quality of our international and structured finance insured portfolio is assessed in the same manner as our U.S. public finance
insured portfolio. As of December&nbsp;31, 2014 and 2013, 21% and 23%, respectively, of our international and structured finance insured portfolio, was rated below investment grade, before giving effect to MBIA&#146;s guarantees, based on
MBIA&#146;s internal ratings, which are more current than the underlying ratings provided by S&amp;P and Moody&#146;s for this subset of our insured portfolio. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International and Structured Finance Insurance Selected Portfolio Exposures </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following is a summary of selected significant exposures within the insured portfolio of our international and structured finance insurance segment. Many of these
sectors are and have been considered volatile over the past several years. We may experience considerable incurred losses and future expected payments in certain of these sectors. There can be no assurance that the loss reserves described below will
be sufficient or that we will not experience losses on transactions on which we currently have no loss reserves, in particular if the economy deteriorates. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Residential Mortgage Exposure </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures mortgage-backed securities
backed by residential mortgage loans, including second-lien RMBS transactions (revolving home equity lines of credit (&#147;HELOC&#148;) loans and closed-end second mortgages (&#147;CES&#148;)). MBIA Corp. also insures MBS backed by first-lien
alternative A-paper (&#147;Alt-A&#148;) and subprime mortgage loans directly through RMBS securitizations. There was considerable stress and deterioration in the mortgage market since 2008 reflected by heightened delinquencies and losses,
particularly related to Alt-A and subprime mortgage loans originated during 2005, 2006 and 2007. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">56 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the gross par outstanding by vintage year of MBIA Corp.&#146;s total direct RMBS insured
exposure as of December&nbsp;31, 2014 and 2013. Amounts include the gross par outstanding related to transactions that the Company consolidates under accounting guidance for VIEs. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding as of December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Prime<BR><FONT STYLE="white-space:nowrap">First-lien</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Alt-A<BR>First-lien</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Subprime<BR>First-lien</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HELOC<BR><FONT STYLE="white-space:nowrap">Second-lien</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CES<BR><FONT STYLE="white-space:nowrap">Second-lien</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2005&#151;2007</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,912</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,618</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2004 and prior</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">507</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">588</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">384</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,647</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross par</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">1,807<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">838<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,265</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes
international exposure of $511 million. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes international exposure of $4 million. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding as of December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Prime<BR><FONT STYLE="white-space:nowrap">First-lien</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Alt-A<BR>First-lien</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Subprime<BR>First-lien</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HELOC<BR><FONT STYLE="white-space:nowrap">Second-lien</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>CES<BR><FONT STYLE="white-space:nowrap">Second-lien</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2005&#151;2007</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,564</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">358</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,186</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,560</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,682</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2004 and prior</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">167</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">648</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">742</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross par</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">181</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">2,212<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">1,100<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,686</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,609</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8,788</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes
international exposure of $589 million. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes international exposure of $8 million. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During the year ended December&nbsp;31, 2014, we collected approximately $12 million, net of reinsurance and $104 million in payments made, on insured second-lien RMBS
transactions, or $25 million after eliminating $38 million of payments and $25 million of excess spread collections made on behalf of consolidated VIEs. Through December&nbsp;31, 2014, we made claim and LAE payments for 37 out of 43 insured
second-lien RMBS policies. The total collections of $116 million on our insured second-lien RMBS transactions comprised $98 million of excess spread and $18 million of mortgage insurance. Mortgage insurance is received periodically from the
servicers. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Collateralized Debt Obligations and Related Instruments </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As
part of our international and structured finance insurance activities, MBIA Corp. typically provided guarantees on senior and, in a limited number of cases, mezzanine tranches of CDOs, as well as protection on structured CMBS pools and corporate
securities, and CDS referencing such securities. The following discussion, including reported amounts and percentages, includes insured CDO transactions consolidated by the Company as VIEs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Corp.&#146;s $13.8 billion CDO portfolio represented 25% of its total insured gross par outstanding of $55.2 billion. As of
December&nbsp;31, 2013, MBIA Corp.&#146;s $29.7 billion CDO portfolio represented 37% of its total insured gross par outstanding of $80.4 billion. In addition to the below table, MBIA Corp. insures approximately $519 million in CRE loan pools,
primarily comprising European assets. The distribution of our insured CDO and related instruments portfolio by collateral type is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom"><B>In billions</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding as of</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Collateral Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent<BR>Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multi-sector CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment grade corporate CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">High yield corporate CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Structured CMBS pools</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-79%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CRE CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-54%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">57 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss Remediation Transactions </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We may seek to purchase, from time to time, directly or indirectly, obligations guaranteed by MBIA or seek to commute policies. The amount of insurance exposure reduced,
if any, and the nature of any such actions will depend on market conditions, pricing levels from time to time, and other considerations. In some cases, these activities may result in a reduction of expected loss reserves, but in all cases they are
intended to limit our ultimate losses and reduce the future volatility in loss development on the related policies. Our ability to purchase guaranteed obligations and to commute policies will depend on management&#146;s assessment of available
liquidity. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance and International and Structured Finance Reinsurance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Reinsurance enables the Company to cede exposure for purposes of syndicating risk and increasing its capacity to write new business while complying with its single risk
and credit guidelines. When a reinsurer is downgraded by one or more of the rating agencies, less capital credit is given to MBIA under rating agency models and the overall value of the reinsurance to MBIA is reduced. The Company generally retains
the right to reassume the business ceded to reinsurers under certain circumstances, including a reinsurer&#146;s rating downgrade below specified thresholds. The following table presents information about our reinsurance agreements as of
December&nbsp;31, 2014 for our U.S. public finance and international and structured finance insurance operations: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom"><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Reinsurers</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Standard&nbsp;&amp;&nbsp;Poor&#146;s<BR>Rating (Status)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Moody&#146;s&nbsp;Rating&nbsp;(Status)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ceded Par<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Letters of<BR>Credit/<BR>Trust&nbsp;Accounts</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Reinsurance<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assured Guaranty Re Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA<BR>(Stable&nbsp;Outlook)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Baa1<BR>(Negative&nbsp;Outlook)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,634</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assured Guaranty Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA<BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(Stable Outlook)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A3<BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(Negative Outlook)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,019</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Overseas Private<BR>Investment Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA+<BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(Stable Outlook)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Aaa<BR> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(Stable Outlook)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Others</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A- or above</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A2 or above</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6,087</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Total
reinsurance recoverable is primarily recoverables on unpaid losses. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA requires certain unauthorized reinsurers to maintain bank letters of credit or establish
trust accounts to cover liabilities ceded to such reinsurers under reinsurance contracts. The Company remains liable on a primary basis for all reinsured risk, and although MBIA believes that its reinsurers remain capable of meeting their
obligations, there can be no assurance of such in the future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the aggregate amount of insured par outstanding ceded by MBIA to
reinsurers under reinsurance agreements was $6.1 billion compared with $7.1 billion as of December&nbsp;31, 2013. As of December&nbsp;31, 2014, $5.1 billion of the ceded par outstanding was ceded from our U.S. public finance insurance segment and
$1.0 billion was ceded from our international and structured finance insurance segment. Under National&#146;s reinsurance agreement with MBIA Corp., if a reinsurer of MBIA Corp. is unable to pay claims ceded by MBIA Corp. on U.S. public finance
exposure, National will assume liability for such ceded claim payments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">58 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Corporate </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our
corporate segment consists of general corporate activities, including providing general support services to MBIA&#146;s other operations and asset and debt management. General support services are provided by our service company, MBIA Services
Corporation (&#147;MBIA Services&#148;), formerly Optinuity Alliance Resources Corporation. MBIA Services provides various support services including, among others, management, legal, accounting, treasury, information technology, and insurance
portfolio surveillance, on a fee-for-service basis. Asset and debt management includes activities related to servicing obligations issued by MBIA Inc. and its subsidiaries, IMC and GFL. MBIA Inc. issued debt to finance the operations of the MBIA
group. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp., for bond proceeds and other public funds for such purposes as construction, loan origination, escrow and debt service or other reserve fund
requirements. It also provided customized products for funds that are invested as part of asset-backed or structured product transactions. GFL raised funds through the issuance of MTNs with varying maturities, which were in turn guaranteed by MBIA
Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. The Company ceased issuing these investment agreements and MTNs and the outstanding liability balances and corresponding asset balances have declined over time as liabilities mature,
terminate or are retired. All of the debt within the corporate segment is managed collectively and is serviced by the financial resources available to MBIA Inc. Asset management activities support the Company&#146;s funded liabilities, provide for
opportunities in investments and provide general liquidity support to MBIA Inc. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes the consolidated results of our corporate segment
for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-30%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">158</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-28%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-49%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-127%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(60)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-86%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-64%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-42%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-13%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">288</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-30%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(248)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-50%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(173)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(179)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-92%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(110)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET INVESTMENT INCOME The decreases in net investment income for 2014 compared with 2013 and 2012 were primarily due to lower average asset
balances as investments were sold to generate liquidity and repay or repurchase liabilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">FEES Fees are generated from support services provided to the
Company&#146;s other operating businesses on a fee-for-service basis. Fees for 2014 decreased compared with 2013 and 2012 primarily due to declines in fees paid by our conduit segment for administrative and other services. During the second quarter
of 2014, we dissolved our conduit segment. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">59 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE AND FOREIGN EXCHANGE The favorable change in net gains
(losses) on financial instruments at fair value and foreign exchange for 2014 compared with 2013 was primarily due to foreign currency exchange gains on Euro denominated liabilities from changes in the U.S. dollar\Euro foreign exchange rate, an
increase in realized gains from asset sales and changes in the fair value of outstanding warrants issued on MBIA Inc. common stock. The changes in the fair value of outstanding warrants were primarily attributable to fluctuations in MBIA Inc.&#146;s
stock price and volatility, which are used in the valuation of the warrants. This favorable change was partially offset by losses on fair valuing financial instruments. The favorable change in net gains (losses) on financial instruments at fair
value and foreign exchange for 2013 compared with 2012 was primarily due to derivative gains in 2013 compared with losses in 2012 and a decline in losses from the sale of investments. This favorable change was partially offset by an increase of
losses on MTNs that are carried at fair value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET INVESTMENT LOSSES RELATED TO OTHER-THAN-TEMPORARY IMPAIRMENTS Net investment losses related to OTTI for 2012
related to impaired securities that were written down to their fair values as it was our intent to sell the securities before an expected recovery of their fair values to their amortized costs. Refer to &#147;Liquidity&#148; section herein for
additional information about impaired investments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON EXTINGUISHMENT OF DEBT Net gains (losses) on extinguishment of debt was primarily due to
gains from terminations of MTNs and investment agreements issued by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">REVENUES OF CONSOLIDATED VIEs For 2014 and 2013, total revenues of consolidated
VIEs related to net losses as a result of the deconsolidation of VIEs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OPERATING EXPENSES Operating expenses for 2014 decreased compared with 2013 primarily due to
decreases in expenses related to the settlement with Bank of America that occurred in 2013 and lower compensation expense in 2014. Operating expenses for 2013 increased compared with 2012 primarily due to an increase in compensation expense related
to severance and expenses related to the settlement with Bank of America that occurred in 2013. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INTEREST EXPENSE Interest expense incurred by our corporate segment
decreased for 2014 compared with 2013 and 2012 primarily due to the continued maturity and repurchases of liabilities by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">PROVISION (BENEFIT) FOR
INCOME TAXES The 2014 benefit for income taxes includes a favorable adjustment of $87&nbsp;million for the release of the full valuation allowance against the deferred tax asset which resulted from the sales of previously impaired investments. In
addition for 2014, there was a $61&nbsp;million reversal in our reserve for uncertain tax positions. The 2013 benefit for income taxes was impacted by an unfavorable increase in the reserve for uncertain tax positions, additional state tax expense
and the non deductibility of the valuation on warrants issued by the Company. The 2012 benefit for income taxes was favorably impacted by the release of a portion of the valuation allowance against the deferred tax asset. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OPERATING INCOME (LOSS) In addition to the above results, we also analyze the operating performance of our corporate segment using operating income (loss), a non-GAAP
measure. We believe operating income (loss), as used by management, is useful for an understanding of the results of operations of the Company. Operating income (loss) is not a substitute for net income (loss) determined in accordance with GAAP, and
our definition of operating income (loss) may differ from that used by other companies. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">60 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents a reconciliation of GAAP net income (loss) to operating income (loss) for the years ended
December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(110)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: after-tax adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mark-to-market gains (losses) on financial instruments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign exchange gains (losses)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on sales of investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to OTTI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax valuation allowance on adjustments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(35)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(165)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Gross amounts are reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; and the
corresponding tax effects are reported within &#147;Provision (benefit) for income taxes&#148; on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Provision (benefit) for income taxes&#148; on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2014, our corporate segment&#146;s operating loss decreased when compared with 2013 primarily as a result of decreases in operating
and interest expense and an increase in the benefit for income taxes as a result of the release of our valuation allowance against the deferred tax asset from the sales of previously impaired investments and the reversal in our reserve for uncertain
tax positions. These changes were partially offset by lower fees paid by our conduit segment for support services. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2013, our
corporate segment&#146;s operating loss increased when compared with 2012 primarily as a result of lower fees paid by our conduit segment and higher operating expenses. These changes were partially offset by lower interest expense and a decrease in
the benefit for income taxes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Advisory Services </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our asset
management advisory business was conducted through Cutwater. Cutwater offers advisory services, including cash management, discretionary asset management and structured products on a fee-for-service basis. Cutwater offers these services to public,
not-for-profit, corporate and financial services clients, including MBIA Inc. and its other subsidiaries. In October of 2014, the Company entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation.
Effective with the January&nbsp;1, 2015 sale of Cutwater, MBIA has no business activities within its advisory services segment. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">61 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes the results and assets under management of our advisory services segment for the years
ended December&nbsp;31, 2014, 2013 and 2012. These results include revenues and expenses from transactions with the Company&#146;s insurance, corporate, and conduit segments. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-19%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-24%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-47%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(25)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ending assets under management:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Third-party</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,251</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12,741</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17,599</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-12%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-28%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,930</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,426</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate and conduit</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,159</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,875</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,755</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total ending assets under management</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21,340</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23,897</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29,780</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-11%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2014, the unfavorable change in net income (loss) compared with 2013 was primarily due to a loss as a result
of the consolidation of VIEs and decreases in fee revenues due to declines in asset balances managed for third parties and our other segments, partially offset by decreases in compensation, legal and consulting expenses. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2013, the unfavorable change in net income (loss) compared with 2012 was primarily driven by a decrease in fees due to declines in
asset balances managed for third parties and our other segments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Average third-party assets under management for the years ended December&nbsp;31, 2014, 2013 and
2012 were $12.1 billion, $15.9 billion and $19.1 billion, respectively. These decreases were principally due to declines in our pool products and CDO management business. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Conduit </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s conduit segment was operated through
Meridian and administered through MBIA Asset Finance, LLC. Assets financed by Meridian were funded by MTNs. In the second quarter of 2014, we retired the remaining $129 million of outstanding MTNs issued by Meridian and dissolved the conduit
segment. Certain of MBIA&#146;s consolidated subsidiaries had received fees for services provided to Meridian. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">62 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the results of our conduit segment for the years ended December&nbsp;31, 2014, 2013 and
2012. These results include revenues and expenses from transactions with the Company&#146;s other segments. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-133%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-75%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-98%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-98%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-67%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-72%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-58%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-72%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-71%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(49)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-81%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-37%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-41%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-71%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-34%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2014, total expenses decreased compared with 2013 primarily due to decreases in the fee paid to our corporate segment for administrative and
other services and interest expense due to retiring the remaining outstanding debt. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2013, total revenues decreased compared with 2012 primarily due to a
decrease in net gains on extinguishment of debt. Total expenses decreased compared with 2012 primarily due to decline in fees paid to our corporate segment for administrative and other services. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Taxes </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Provision for Income Taxes </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s income taxes and the related effective tax rates for the years ended December&nbsp;31, 2014, 2013 and 2012 are presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="71%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effective tax rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2014, our effective tax rate applied to our income (loss) before income taxes was lower than the U.S. statutory tax rate of 35%
primarily due to a decrease in our valuation allowance against our deferred tax asset from asset sales of previously impaired assets and a decrease in our reserve for uncertain tax positions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2013, our effective tax rate applied to our income (loss) before income taxes was higher than the U.S. statutory tax rate of 35% primarily due to the provision for
deferred taxes on basis differences of certain foreign subsidiaries, non-deductibility of warrants issued by the Company, and the fluctuation of the value of those warrants. These items are partially offset by a benefit for the reduction in the
valuation allowance against our deferred tax asset. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">63 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>RESULTS OF OPERATIONS (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2012, our effective tax rate applied to our income (loss) before income taxes was lower than the U.S. statutory tax
rate of 35% primarily due the reduction in the valuation allowance against our deferred tax asset and a net tax benefit related to an out-of-period adjustment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company is party to a tax allocation agreement with members of its holding company system effective January&nbsp;1, 1987. The agreement was amended and restated effective September&nbsp;8, 2011 to change the method of calculating each domestic
insurer&#146;s tax liability to the method permitted by paragraph 3(a) of Department Circular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and non-disapproval pursuant to Section&nbsp;1505 of the New York Insurance Law
(&#147;NYIL&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for a further discussion of income taxes,
including the Company&#146;s valuation allowance against deferred tax assets and its accounting for tax uncertainties. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>CAPITAL RESOURCES </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages its capital resources to minimize its cost of capital while maintaining appropriate claims-paying resources (&#147;CPR&#148;) for National and MBIA
Corp. The Company&#146;s capital resources consist of total shareholders&#146; equity, total debt issued by MBIA Inc. for general corporate purposes, and surplus notes issued by MBIA Corp. Total capital resources were $5.4 billion and $4.8 billion
as of December&nbsp;31, 2014 and 2013, respectively. MBIA Inc. uses its capital resources to support the business activities of its subsidiaries. As of December&nbsp;31, 2014, MBIA Inc.&#146;s investments in subsidiaries totaled $4.0 billion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition, MBIA Inc. also supports the MTN and investment agreement obligations originally issued by the Company. MBIA Inc. seeks to maintain sufficient liquidity and
capital resources to meet its general corporate needs. As of December&nbsp;31, 2014 and 2013, net debt of MBIA Inc., which primarily comprised long-term debt, MTNs, investment agreements and derivative liabilities net of cash and investments at
amortized cost and a tax receivable from subsidiaries, totaled $740 million and $1.0 billion, respectively. The Company expects that MBIA Inc. will generate sufficient cash to satisfy its net debt and its general corporate needs over time from
distributions from its operating subsidiaries. In addition, the Company may also consider raising third-party capital. There can be no assurance that the aforementioned factors will generate sufficient cash to satisfy its net debt. Refer to the
following &#147;Liquidity&#151;MBIA Inc. Liquidity&#148; section for additional information about MBIA Inc.&#146;s liquidity. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Securities Repurchases
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Repurchases of debt and common stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other
legal requirements. We may also choose to redeem debt obligations where permitted by the relevant agreements. We believe that debt and share repurchases and redemptions can be an appropriate deployment of capital in excess of amounts needed to
support our liquidity while maintaining the CPR of MBIA Corp. and National as well as other business needs. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I><U>Equity securities </U></I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014, the remaining $23 million available for repurchases under our 2007 share repurchase program was used to repurchase 2,086,737 common shares of MBIA Inc. at
an average share price of $11.02 per share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2014, the Company&#146;s Board of Directors authorized the repurchase of up to $200 million of
its outstanding shares, against which we repurchased 1,247,337 common shares of MBIA Inc. at an average share price of $9.44. Subsequent to December&nbsp;31, 2014, we repurchased an additional 6,317,901 common shares of MBIA Inc. at an average share
price of $8.70 per share. As of February&nbsp;26, 2015, $133 million remained available to repurchase under this new program. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">64 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CAPITAL RESOURCES (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I><U>Debt securities </U></I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
addition to equity repurchases, MBIA Inc. or its subsidiaries may repurchase or redeem their outstanding debt at prices that we deem to be economically advantageous. During 2014, we retired $129 million par value outstanding of MTNs issued by our
conduit segment at a cost of approximately 97% of par value. In addition, we repurchased approximately $122 million par value outstanding of GFL MTNs issued by our corporate segment at a weighted average cost of approximately 98% of par value. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2013, the Company redeemed $506 million par value outstanding of MTNs issued by our conduit segment at a cost of 100% of par value. In addition, we also
repurchased approximately $192 million par value outstanding of GFL MTNs issued by our corporate segment at a weighted average cost of approximately 91% of par value. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with a settlement with Bank of America in May of 2013, MBIA Corp. received $136 million principal amount of the 5.70% Senior Notes due 2034 as partial
consideration for the settlement. These notes were subsequently transferred to National. On a consolidated basis, receipt of these notes reduced the Company&#146;s outstanding debt. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Insurance Statutory Capital </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Corp. are incorporated
and licensed in, and are subject to primary insurance regulation and supervision by, the State of New York. MBIA UK is authorized by the Prudential Regulation Authority (&#147;PRA&#148;) and regulated by the Financial Conduct Authority and the PRA
in the United Kingdom. National and MBIA Corp. each are required to file detailed annual financial statements, as well as interim financial statements, with the NYSDFS and similar supervisory agencies in each of the other jurisdictions in which it
is licensed. These financial statements are prepared in accordance with New York State and the National Association of Insurance Commissioners&#146; statements of U.S. STAT and assist our regulators in evaluating minimum standards of solvency,
including minimum capital requirements, and business conduct. MBIA UK is required to file annual regulatory returns with the PRA. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Capital and Surplus </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National reported total statutory capital of $3.3 billion
as of December&nbsp;31, 2014 and 2013. As of December&nbsp;31, 2014, statutory capital comprised $1.1 billion of contingency reserves and $2.2 billion of policyholders&#146; surplus. National had statutory net income of $238 million for the year
ended December&nbsp;31, 2014. As of December&nbsp;31, 2014, National&#146;s unassigned surplus was $1.6 billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In order to maintain its New York State financial
guarantee insurance license, National is required to maintain a minimum of $65 million of policyholders&#146; surplus. National is also required to maintain contingency reserves to provide protection to policyholders in the event of extreme losses
in adverse economic events. Refer to the following &#147;MBIA Corp.&#151;Capital and Surplus&#148; section for additional information about contingency reserves under the NYIL. National&#146;s policyholders&#146; surplus would grow over time from
the recognition of unearned premiums and investment income and the expected release of the contingency reserves. Conversely, dividends and incurred losses would reduce policyholders&#146; surplus. As of December&nbsp;31, 2014 and 2013, National was
not in compliance with certain of its single risk limits but was in compliance with its aggregate risk limits. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NYIL regulates the payment of dividends by financial
guarantee insurance companies and provides that such companies may not declare or distribute dividends except out of statutory earned surplus. Under NYIL, the sum of (i)&nbsp;the amount of dividends declared or distributed during the preceding
12-month period and (ii)&nbsp;the dividend to be declared may not exceed the lesser of (a)&nbsp;10% of policyholders&#146; surplus, as reported in the latest statutory financial statements or (b)&nbsp;100% of adjusted net investment income for such
12-month period (the net investment income for such 12-month period plus the excess, if any, of net investment income over dividends declared or distributed during the two-year period preceding such 12-month period), unless the Superintendent of the
NYSDFS approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">65 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CAPITAL RESOURCES (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National had positive earned surplus as of December&nbsp;31, 2014, which provides National with dividend capacity. As a
condition to the NYSDFS&#146; approval of the simultaneous repurchase and reverse repurchase agreements (&#147;Asset Swap&#148;) between MBIA Inc. and National, the NYSDFS requested that, until the notional amount of the Asset Swap has been reduced
to 5% or less of National&#146;s admitted assets, each of MBIA Inc., MBIA Corp. and National provide the NYSDFS with three months prior notice, or such shorter period as the NYSDFS may permit, of its intent to initiate cash dividends on shares of
its common stock. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National provided such notice. In October of 2014, National declared and paid a dividend of $220 million to its ultimate parent, MBIA Inc.
Declared and paid dividend amounts from National in the foreseeable future will be limited based on net investment income and will be substantially lower than previous dividends. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Claims-Paying Resources (Statutory Basis) </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">CPR is a key measure of the
resources available to National to pay claims under its insurance policies. CPR consists of total financial resources and reserves calculated on a statutory basis. CPR has been a common measure used by financial guarantee insurance companies to
report and compare resources and continues to be used by MBIA&#146;s management to evaluate changes in such resources. We have provided CPR to allow investors and analysts to evaluate National using the same measure that MBIA&#146;s management uses
to evaluate National&#146;s resources to pay claims under its insurance policies. There is no directly comparable GAAP measure. Our calculation of CPR may differ from the calculation of CPR reported by other companies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s CPR and components thereto, as of December&nbsp;31, 2014 and 2013 are presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of<BR>December&nbsp;31,</B><br><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of<BR>December&nbsp;31,</B><br><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Policyholders&#146; surplus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,190</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,086</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Contingency reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,076</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Statutory capital</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,266</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium reserve</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,375</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,678</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Present value of installment premiums<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">216</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">226</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premium resources<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,591</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,904</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net loss and LAE reserves<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(87)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Salvage reserves</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserve</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total claims-paying resources</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,950</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,252</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Calculated using a discount rate of 2.90% and 3.14% as of December&nbsp;31, 2014 and 2013, respectively. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes financial guarantee and insured credit derivative related premiums. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Corp. </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Capital and Surplus </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. reported total statutory capital of $859 million as of December&nbsp;31, 2014 compared with $825 million as of December&nbsp;31, 2013. As of December&nbsp;31,
2014, statutory capital comprised $317 million of contingency reserves and $542 million of policyholders&#146; surplus. For the year ended December&nbsp;31, 2014, MBIA Corp. had a statutory net loss of $35 million, primarily due to losses and LAE
incurred partially offset by net premiums earned. MBIA Corp.&#146;s policyholders&#146; surplus as of December&nbsp;31, 2014 included a negative unassigned surplus of $1.5 billion. As of December&nbsp;31, 2014, MBIA Corp.&#146;s policyholders&#146;
surplus was negatively impacted by $106 million because under NYIL it was not permitted to treat as an admitted asset the portion of its investment in subsidiaries in excess of 60% of net admitted assets less the par value of common and preferred
stock and liabilities. This overage was caused by a decrease in MBIA Corp.&#146;s policyholders&#146; surplus due to insured losses in the past. MBIA Corp.&#146;s policyholders&#146; surplus may be further negatively impacted if future additional
insured losses are incurred and the percentage of its assets invested in subsidiaries continues to increase. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">66 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CAPITAL RESOURCES (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Corp. recognized estimated recoveries of $365 million, net of reinsurance on a
statutory basis related to put-backs of ineligible mortgage loans in its insured transactions and $576 million related to excess spread recoveries on second-lien RMBS, net of reinsurance. These excess spread recoveries represented 67% of MBIA
Corp.&#146;s statutory capital as of December&nbsp;31, 2014. There can be no assurance that we will be successful or that we will not be delayed in realizing these recoveries. Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in
the Notes to Consolidated Financial Statements for additional information about these recoveries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In order to maintain its New York State financial guarantee
insurance license, MBIA Corp. is required to maintain a minimum of $65 million of policyholders&#146; surplus. MBIA Corp.&#146;s policyholders&#146; surplus would grow over time from the recognition of unearned premiums and investment income and the
expected release of the contingency reserves. In addition, MBIA Corp.&#146;s policyholders&#146; surplus could be enhanced by the settlement, commutation or repurchase of insured obligations at prices less than its statutory loss reserves for such
transactions. Conversely, dividends or incurred losses or an inability to collect on our excess spread recoveries or ineligible mortgage loan put-back claims would reduce policyholders&#146; surplus. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under NYIL, MBIA Corp. is also required to establish a contingency reserve to provide protection to policyholders in the event of extreme losses in adverse economic
events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsurance, refunding, refinancings and certain insured securities). Reductions in the
contingency reserve may be recognized based on excessive reserves and under certain stipulated conditions, subject to the approval of the Superintendent of the NYSDFS. As a result of regulatory approved reductions, MBIA Corp.&#146;s contingency
reserves of $317 million as of December&nbsp;31, 2014 represented reserves on 54 of the 376 outstanding credits insured by MBIA Corp. For risks associated with MBIA Corp.&#146;s failure to meet its contingency reserve requirement, see Part I,
Item&nbsp;1A, &#147;Risk Factors-Capital, Liquidity and Market Related Risk Factors- If our insurance companies fail to meet regulatory capital requirements they may become subject to regulatory action&#148; in this Annual Report on Form 10-K. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under NYIL, MBIA Corp. is required to invest its minimum surplus and contingency reserves and 50% of its loss reserves and unearned premium reserves in certain
qualifying assets. As of December&nbsp;31, 2014, MBIA Corp. had enough qualifying assets to support its contingency reserves. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with MBIA Corp.
obtaining approval from the NYSDFS to release excessive contingency reserves in previous periods, MBIA Corp. agreed that it would not pay any dividends without prior approval from the NYSDFS. Due to its significant negative earned surplus, MBIA
Corp. has not had the statutory capacity to pay dividends since December&nbsp;31, 2009 and is not expected to have any statutory capacity to pay any dividends for the foreseeable future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Corp. was in compliance with its aggregate risk limits under the NYIL. If MBIA Corp. is not in compliance with its aggregate risk
limits, the NYSDFS may prevent MBIA Corp. from transacting any new financial guarantee insurance business until it no longer exceeds the limitations. In 2014 and 2013, MBIA Corp. reported additional overages to the NYSDFS with respect to its single
risk limits due to changes in its statutory capital. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">67 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CAPITAL RESOURCES (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 , the par amount outstanding of MBIA Corp.&#146;s 14% Fixed-to-Floating Rate Surplus Notes
due January&nbsp;15, 2033 (the &#147;Surplus Notes&#148;) was $953 million. Section&nbsp;1307 of the Insurance Law and the Fiscal Agency Agreement governing the surplus notes (the &#147;Fiscal Agency Agreement&#148;), which was approved as it
relates to Section&nbsp;1307 by the NYSDFS in connection with the issuance of the Surplus Notes, each impose restrictions on the payments of principal and interest (or the redemption price or any make-whole premium) on the Surplus Notes
(&#147;Surplus Note Payments&#148;). Section&nbsp;1307 of the Insurance Law provides that any payments on surplus notes issued by an insurer &#147;shall be repaid only out of free and divisible surplus of such insurer with the approval of the
superintendent whenever, in his judgment, the financial condition of such insurer warrants.&#148; The Superintendent has broad discretion in determining whether to allow us to make Surplus Note Payments. We are not aware of any guidelines or
interpretations that govern the exercise of the Superintendent&#146;s discretion under Section&nbsp;1307 in determining whether the financial condition of an insurer warrants the making of such payments. The Fiscal Agency Agreement provides that
(a)&nbsp;Surplus Note Payments may be made only with the prior approval of the Superintendent, whenever, in his judgment, the financial condition of MBIA Corp. warrants, and (b)&nbsp;any such Surplus Note Payments may only be made to the extent MBIA
Corp. has sufficient &#147;Eligible Surplus&#148; to make such payment. The Fiscal Agency Agreement defines &#147;Eligible Surplus&#148; as MBIA Corp. &#147;surplus as regards policyholders,&#148; less the sum of its &#147;common capital stock&#148;
and &#147;preferred capital stock&#148;, as shown on its annual and quarterly statements filed with state insurance regulatory authorities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While the insurance law
does not explicitly set forth the calculation of &#147;free and divisible surplus&#148;, MBIA believes that the calculation of Eligible Surplus, as set forth in the Fiscal Agency Agreement is the appropriate calculation of &#147;free and divisible
surplus&#148; and is the commonly accepted calculation of &#147;free and divisible surplus&#148; used in connection with other surplus notes issued by New York domiciled insurance companies. MBIA Corp.&#146;s &#147;free and divisible&#148; surplus,
determined as set forth above, was $251 million as of December&nbsp;31, 2014 representing an increase of $138 million from December&nbsp;31, 2013. The increase in MBIA Corp.&#146;s &#147;free and divisible&#148; surplus during 2014, primarily
resulted from the release of $105 million of contingency reserves associated with policies that matured or were contractually terminated during 2014. MBIA Corp. is required to seek the Superintendent&#146;s approval to make payments of accrued
interest and principal when scheduled on the Surplus Notes. There is no assurance the Superintendent will approve Surplus Note Payments. Notwithstanding the sufficiency of MBIA Corp.&#146;s Eligible Surplus available for the payment of Surplus Note
Payments, the NYSDFS may deny approval of any Surplus Note Payments if the Superintendent concludes that MBIA Corp.&#146;s financial condition does not warrant such approval. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The NYSDFS has not approved MBIA Corp.&#146;s requests to make interest payments on the Surplus Notes since, and including, the January&nbsp;15, 2013 interest payment.
The NYSDFS has cited both MBIA Corp.&#146;s liquidity and financial condition as well as the availability of &#147;free and divisible surplus&#148; as the basis for such non-approvals. As of January&nbsp;15, 2015, the scheduled interest payment
date, there was $286 million of accrued and unpaid interest on the Surplus Notes. The accrued and unpaid interest on the Surplus Notes will become due on the first business day on or after which MBIA Corp. obtains approval to pay some or all of such
accrued and unpaid interest. No interest has been accrued or will accrue on the deferred interest. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Claims-Paying Resources (Statutory Basis) </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">CPR is a key measure of the resources available to MBIA Corp. to pay claims under its insurance policies. CPR consists of total financial resources and reserves
calculated on a statutory basis. CPR has been a common measure used by financial guarantee insurance companies to report and compare resources, and continues to be used by MBIA&#146;s management to evaluate changes in such resources. We have
provided CPR to allow investors and analysts to evaluate MBIA Corp., using the same measure that MBIA&#146;s management uses to evaluate MBIA Corp.&#146;s resources to pay claims under its insurance policies. There is no directly comparable GAAP
measure. Our calculation of CPR may differ from the calculation of CPR reported by other companies. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">68 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CAPITAL RESOURCES (continued) </I></B></P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s CPR and components thereto, as of December&nbsp;31, 2014 and 2013 are presented in the following
table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Policyholders&#146; surplus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">542</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">403</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Contingency reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">317</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">422</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Statutory capital</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">859</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">825</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium reserve</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">434</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">535</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Present value of installment premiums<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">662</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">850</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premium resources<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,096</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,385</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net loss and LAE reserves<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(237)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Salvage reserves<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">938</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserve</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">701</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,251</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total claims-paying resources</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,656</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,461</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Calculated using a discount rate of 5.17% and 5.09% as of December&nbsp;31, 2014 and 2013, respectively. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes financial guarantee and insured credit derivative related premiums. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(3)&#151;This amount primarily consists of expected recoveries related to the Company&#146;s excess spread. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>LIQUIDITY </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We use a liquidity risk management framework, the primary
objective of which is to match liquidity resources to needs. We monitor our cash and liquid asset resources using daily cash forecasting and stress-scenario testing. Members of MBIA&#146;s senior management meet regularly to review liquidity
metrics, discuss contingency plans and establish target liquidity levels. We evaluate and manage liquidity on a legal-entity basis to take into account the legal, regulatory and other limitations on available liquidity resources within the
enterprise. During the financial crisis and recession, the Company used intercompany lending agreements to match liquidity sources with uses. Today, we believe that our resources include capital market access that largely eliminates the need for
such intercompany lending agreements. Below is a discussion of our liquidity resources and requirements for our holding company and our insurance subsidiaries. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Key Lending Agreements </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Below is a description of certain ongoing
intercompany lending agreements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Asset Swap </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National maintains the
Asset Swap with MBIA Inc. which provides MBIA Inc. with eligible assets to pledge under investment agreements and derivative contracts. As of December&nbsp;31, 2014, the notional amount used under each of these agreements was $443 million and the
fair value of collateral pledged by National and MBIA Inc. under these agreements was $458 million and $474 million, respectively. The net average interest rate on these transactions was 0.23%, 0.24% and 0.44% for the years ended December&nbsp;31,
2014, 2013 and 2012, respectively. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Advances Agreement </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc.,
National, MBIA Corp. and certain other subsidiaries are party to an intercompany advances agreement that was established in 2001. This agreement permits MBIA Corp. to make or accept advances from MBIA Inc., National and other MBIA group companies
that are party to the agreement at a rate per annum equal to LIBOR plus 0.25%, in the case of advances to or from MBIA Corp. and National, or LIBOR minus 0.10% in the case of advances from any other MBIA group company. Advances may not exceed 3% of
either MBIA Insurance Corporation&#146;s or National&#146;s admitted assets as of the last year end. During 2014 and 2013, there were no amounts drawn under this agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">69 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Corporate Liquidity </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Corporate&#146;s liquidity resources support our MBIA Inc. entity. The primary sources of cash within MBIA Inc. available to meet its liquidity needs include: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">available cash and liquid assets not subject to collateral posting requirements; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments under tax sharing agreements from subsidiaries; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">dividends from subsidiaries; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">principal and interest receipts on assets held in its investment portfolio; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">access to capital markets. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary uses of cash within MBIA Inc. include: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">servicing outstanding corporate debt instruments, investment agreements and the intercompany loans that support MTNs issued by GFL; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">managing collateral requirements under hedging arrangements, investment agreements and the Asset Swap; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">making payments related to interest rate swaps; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">managing investments including investments in subsidiaries; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments of operating expenses. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We expect that for the foreseeable future National will be the primary source of
dividends and tax sharing agreement payments. There can be no assurance as to the amount and timing of any such dividends or payments under the tax sharing agreements. During 2014, National declared and paid a dividend of $220 million to its
ultimate parent, MBIA Inc. Declared and paid dividend amounts from National in the foreseeable future will be limited based on net investment income and will be substantially lower than previous dividends. Refer to the &#147;Capital
Resources&#151;Insurance Statutory Capital&#148; section for additional information on payments of dividends. We do not expect that liquidity stress at MBIA Corp. would have any direct impact on MBIA Inc. given that we do not expect MBIA Inc. to
receive distributions from MBIA Corp. for the foreseeable future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014, $220 million was released to MBIA Inc. under the MBIA group tax sharing agreement
and related escrow agreement.&nbsp;Included in this amount was $160 million that represented National&#146;s liability under the tax sharing agreement for the 2011 tax year, which was released from escrow pursuant to the terms under the tax sharing
agreement following the expiration of National&#146;s two-year net operating loss carry-back period under U.S. tax rules. During 2014, National paid to the Tax Escrow Account estimated 2014 taxes of $79 million. As of December&nbsp;31, 2014, $422
million remained in escrow for the 2012 through the 2014 tax years. In January of 2015, $228 million was released to MBIA Inc. from the Tax Escrow Account related to the 2012 tax year. We expect to release up to $111 million from the Tax Escrow
Account related to the 2013 tax year in January of 2016. There can be no assurance that payments under the Tax Escrow Account from subsidiaries will be released to MBIA Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc.&#146;s corporate debt, investment agreements, derivatives and GFL loans and GFL MTNs may be accelerated by the holders of such instruments upon the occurrence
of certain events, such as a breach of covenant or representation, and in the following circumstances: (i)&nbsp;for corporate debt, the bankruptcy of MBIA Inc. or, for certain instruments, the filing of an insolvency proceeding with respect to
National; (ii)&nbsp;for investment agreements, the bankruptcy of MBIA Inc. or the filing of an insolvency proceeding with respect to MBIA Corp., and in certain circumstances the bankruptcy of MBIA Inc. and the filing of an insolvency proceeding with
respect to MBIA Corp.; (iii)&nbsp;for derivatives and GFL Loans to MBIA Inc., the bankruptcy of MBIA Inc.; and (iv)&nbsp;for GFL MTNs, the bankruptcy of GFL or the filing of an insolvency proceeding with respect to MBIA Corp. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 12: Business Segments&#148; in the Notes to Consolidated Financial Statements for a description of the GFL loans and MTNs. In the event of any
acceleration of our obligations, including under our corporate debt, investment agreements, GFL MTNs, or derivatives, we likely would have insufficient resources to pay amounts due. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">70 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc. has a net debt, which comprised long-term debt, GFL loans that support the GFL MTNs, investment agreements
and derivative liabilities net of cash and investments at amortized cost (excluding investments in subsidiaries) and a tax receivable from subsidiaries in excess of cash and investments at MBIA Inc., of $740 million as of December&nbsp;31, 2014. The
Company expects that MBIA Inc. will generate sufficient cash to satisfy its net debt and its general corporate needs over time from distributions from its operating subsidiaries, although there can be no assurance that these distributions will
generate sufficient cash to satisfy its net debt. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Currently, the majority of the cash and securities of MBIA Inc. is pledged against investment agreement
liabilities, derivatives and the Asset Swap, which limit its ability to raise liquidity through asset sales. A significant portion of MBIA Inc.&#146;s assets are pledged against Asset Swap liabilities. If the market value or rating eligibility of
the assets which are pledged against MBIA Inc.&#146;s obligations were to decline, we would be required to pledge additional eligible assets in order to meet minimum required collateral amounts against these liabilities. To mitigate these risks, we
seek to maintain cash and liquidity resources that we believe will be sufficient to make all payments due on our obligations and to meet other financial requirements, such as posting collateral. Contingent liquidity resources include:
(1)&nbsp;accessing the capital markets; (2)&nbsp;sales of invested assets exposed to credit spread stress risk, which may occur at losses and increase MBIA Inc.&#146;s net debt; and (3)&nbsp;termination and settlement of interest rate swap
agreements. These actions, if taken, are expected to result in either additional liquidity or reduced exposure to adverse credit spread movements. There can be no assurance that these actions will be sufficient to fully mitigate this risk.
Information concerning our credit spread sensitivity appears in Part II, Item&nbsp;7A, &#147;Quantitative and Qualitative Disclosures about Market Risk.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As
of December&nbsp;31, 2014 and 2013, the liquidity position of MBIA Inc. comprised cash and liquid assets for general corporate liquidity purposes, excluding the amounts held in escrow under its tax sharing agreement, were $498 million and $359
million, respectively. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Corp. Liquidity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Liquidity available
in our international and structured finance insurance segment is affected by: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">loss payments on insured transactions, that fall into four categories; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">scheduled interest and ultimate principal; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">scheduled interest and principal; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">ultimate principal only at final maturity; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments upon settlement of individual collateral losses as they occur after any deductible or subordination has been exhausted, which payments are unscheduled and therefore more difficult to predict, and which category
applies to most of the transactions on which we have recorded loss reserves. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the persistence of installment premiums; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our ability to collect on recoveries associated with loss payments; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments made to commute insured exposures; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">principal and interest related to its surplus notes, to the extent approved by the NYSDFS. Refer to &#147;Capital Resources &#150; Insurance Statutory Capital&#148; for a discussion on the denied requests from the
NYSDFS to pay interest on its surplus notes </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">operating expenses; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">investment results; or </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the impairment or a significant decline in the fair value of invested assets. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We may also experience liquidity
constraints as a result of NYIL requirements that we maintain specified, high quality assets to back our reserves and surplus. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">71 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Insured transactions that require payment in full of the principal insured at maturity could present liquidity risks
for MBIA Corp. since payment of the principal is due at maturity but any salvage could be recovered over time after payment of the principal amount. MBIA Corp. has insured transactions with substantial principal amounts due at maturity that are
scheduled to mature in the near term. MBIA Corp. expects the transactions to be repaid on or prior to the maturity date. MBIA Corp. is generally required to satisfy claims within one to three business days, and as a result seeks to identify
potential claims in advance through our monitoring process. While our financial guarantee policies generally cannot be accelerated, thereby helping to mitigate liquidity risk, the insurance of CDS contracts may, in certain circumstances, including
the occurrence of certain insolvency or payment defaults under the CDS contracts, be subject to termination by the counterparty, triggering a claim for the fair value of the contract. In order to monitor liquidity risk and maintain appropriate
liquidity resources, we use the same methodology as we use to monitor credit quality and losses within our insured portfolio, including stress scenarios. Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to
Consolidated Financial Statements for a discussion of our loss process. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. has recorded expected excess spread recoveries of $628 million as of
December&nbsp;31, 2014 associated with insured second-lien RMBS issues, including recoveries related to consolidated VIEs. MBIA Corp. has also recorded expected recoveries related to its claims against Credit Suisse related to ineligible loans
included in an MBIA Corp. insured RMBS transaction. There can be no assurance that we will be successful or that we will not be delayed in realizing these recoveries. During 2014, MBIA Corp. collected $116 million of recoveries related to insured
second-lien RMBS issues comprising $98 million of excess spread and $18 million of mortgage insurance. Mortgage insurance is received periodically from the servicers. During 2014, recoveries on second-lien RMBS issues exceeded paid claims and LAE by
$12 million. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We believe that MBIA Corp.&#146;s liquidity resources, including expected cash inflows, will adequately provide for anticipated cash outflows,
including expected future claim payments. The liquidity position of MBIA Corp. has been stressed due to ongoing payments on second-lien RMBS exposures, payments on its remaining CMBS exposures and payments to counterparties in consideration for the
commutation of insured transactions, which have resulted in a substantial reduction of exposure and potential loss volatility. Depending on the amount of actual future claims, including claims on insured exposures that in some cases may require
large bullet payments, and the amount of future cash inflows, in particular in excess spread and put-back recoverables, MBIA Corp. may not have sufficient liquid assets to pay its claims. While future commutation opportunities will be limited due to
the portfolio reduction that has taken place, management&#146;s assessment of available liquidity will be factored in any commutation decision. Also, future commutation payments on insured transactions to counterparties will depend on
management&#146;s assessment of available liquidity or ability to secure other sources of financing. In the event that we experience other unexpected liquidity requirements, we may have insufficient resources to meet our obligations or insufficient
qualifying assets to support our surplus and reserves, and may seek to increase liquidity through financing transactions. There can be no assurance that we will be successful in generating sufficient cash to meet our obligations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Corp. held cash and AFS investments of $1.2 billion, of which $443 million comprised cash and highly liquid assets that were
immediately available to MBIA Corp. Included in the $1.2 billion was $701 million of cash and AFS investments held by MBIA Insurance Corporation&#146;s subsidiaries. As of December&nbsp;31, 2013, MBIA Corp. held cash and AFS investments of $1.6
billion, of which $827 million comprised cash and highly liquid assets that were immediately available to MBIA Corp. Included in the $1.6 billion was $693 million of cash and AFS investments held by MBIA Insurance Corporation&#146;s subsidiaries.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>National Liquidity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We believe that the liquidity position of our
U.S. public finance insurance segment is sufficient to meet cash requirements in the ordinary course of business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Liquidity needs within our U.S. public finance
insurance segment are primarily a result of the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">loss payments on insured transactions; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">operating expenses and tax payments. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">72 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The insurance policies issued or reinsured by National provide unconditional and irrevocable guarantees of payments of
the principal of, and interest or other amounts owing on, insured obligations when due. In the event of a default in payment of principal, interest or other insured amounts by an issuer, National generally promises to make funds available in the
insured amount within one to three business days following notification. In some cases, the amount due can be substantial, particularly if the default occurs on a transaction to which National has a large notional exposure or on a transaction
structured with large, bullet-type principal maturities. The fact that the U.S. public finance insurance segment&#146;s financial guarantee contracts generally cannot be accelerated by a party other than the insurer helps to mitigate liquidity risk
in this segment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, National held cash and short-term investments of $595 million, of which $528 million was highly liquid and comprised
highly rated commercial paper, money market funds and municipal, U.S. agency and corporate bonds. As of December&nbsp;31, 2013, National held cash and short-term investments of $665 million, of which $627 million was highly liquid and comprised
commercial paper, money market funds, and highly rated municipal, U.S. agency and corporate bonds. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Consolidated Cash Flows </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information about our consolidated cash flows by category is presented on our consolidated statements of cash flows. The following table summarizes our consolidated cash
flows for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014&nbsp;vs.&nbsp;2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013&nbsp;vs.&nbsp;2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Statement of cash flow data:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash provided (used) by:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(333)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,027)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-118%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">812</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(892)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,566)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,811)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-43%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-44%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effect of exchange rate changes on cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents&#151;beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">990</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification to assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents&#151;end of year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">990</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-38%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Operating activities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net cash used by operating
activities increased for the year ended December&nbsp;31, 2014 compared with 2013 primarily due to a decrease in financial guarantee recoveries received of $2.5 billion partially offset by a decrease in financial guarantee losses and LAE paid of
$203 million. Net cash provided by operating activities increased in 2013 compared with 2012 primarily due to an increase in financial guarantee recoveries received of $2.4 billion as a result of the Bank of America Settlement and the sale of the
Residential Funding Company, LLC Claims, a decrease in payments for losses and LAE of $452 million primarily due to reductions in payments for second-lien RMBS and a gaming related transaction, and a decrease in interest expense paid of $176 million
as a result of the NYSDFS&#146; denial to approve interest payments on the surplus notes. These changes were partially offset by a decrease in cash received from investment income of $168 million due to sales of investments to fund claim and
commutation payments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">73 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Investing activities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net
cash provided by investing activities increased for the year ended December&nbsp;31, 2014 compared with 2013 primarily due to a decline in purchases of AFS securities of $903 million and an increase in cash due to the consolidation of a VIE of $221
million, partially offset by declines in proceeds from net sales, paydowns and maturities of investments and loans receivables of $390 million. Net cash used by investing activities decreased in 2013 compared with 2012 due to declines in proceeds
from net sales, paydowns, and maturities of investments of $5.6 billion for purposes of funding commutation and loss payments, partially offset by a decline in purchases of AFS securities of $689 million and a reduction in collateral posting of $407
million. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financing activities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net cash used by financing activities
decreased for the year ended December&nbsp;31, 2014 compared with 2013 primarily due to a decrease in principal paydowns of debt related to financial guarantee VIEs and investment agreements of $596 million and an increase in proceeds from the
issuance of VIE notes of $79 million, partially offset by purchases of treasury stock of $32 million. Net cash used by financing activities decreased in 2013 compared with 2012 primarily due to decreases in payments of long-term debt related to our
conduit segment of $537 million, drawdowns of investment agreements of $403 million and securities sold under agreements to repurchase of $287 million. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following discussion of investments, including
references to consolidated investments, excludes investments reported under &#147;Assets of consolidated variable interest entities&#148; on our consolidated balance sheets. Investments of VIEs support the repayment of VIE obligations and are not
available to settle obligations of MBIA. In addition, as of December&nbsp;31, 2014, investments carried at fair value of $6 million within our advisory services segment are also excluded due to the sale of Cutwater in January of 2015. These assets
are reported under &#147;Assets held for sale&#148; in our consolidated balance sheet. Our AFS investments comprise high-quality fixed-income securities and short-term investments. The following table presents our investment portfolio as of
December&nbsp;31, 2014 and 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Available-for-sale investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,390</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,640</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-93%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,383</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,535</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and structured finance insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">654</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">671</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">674</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,465</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,375</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,514</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,336</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Advisory services</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total available-for-sale investments:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,509</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,688</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(132)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-147%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total available-for-sale investments at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,571</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,556</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">74 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-86%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and structured finance insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Advisory services</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments carried at fair value:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-83%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments carried at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">255</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">274</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments at amortized cost:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and structured finance insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other investments at amortized cost</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated investments at carrying value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,835</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of the Company&#146;s investments is based on prices which include quoted prices in active markets and prices based on market-based
inputs that are either directly or indirectly observable, as well as prices from dealers in relevant markets. Differences between fair value and amortized cost arise primarily as a result of changes in interest rates and general market credit
spreads occurring after a fixed-income security is purchased, although other factors may also influence fair value, including specific credit-related changes, supply and demand forces and other market factors. When the Company holds an AFS
investment to maturity, any unrealized gain or loss currently recorded in accumulated other comprehensive income (loss) in the shareholders&#146; equity section of the balance sheet is reversed. As a result, the Company would realize a value
substantially equal to amortized cost. However, when investments are sold prior to maturity, the Company will realize any difference between amortized cost and the sale price of an investment as a realized gain or loss within its consolidated
statements of operations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">75 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Quality </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The credit
quality distribution of the Company&#146;s AFS fixed-maturity investment portfolios, excluding short-term investments, based on ratings from Moody&#146;s as of December&nbsp;31, 2014 is presented in the following table. Alternate ratings sources,
such as S&amp;P or the best estimate of the ratings assigned by the Company, have been used for a small percentage of securities that are not rated by Moody&#146;s. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S. Public Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International and<BR>Structured Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of</B><br><B>Fixed-<BR>Income<BR>Investments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of</B><br><B>Fixed-<BR>Income<BR>Investments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of</B><br><B>Fixed-<BR>Income<BR>Investments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of</B><br><B>Fixed-<BR>Income<BR>Investments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Available-for-sale:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Aaa</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,733</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">226</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Aa</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,293</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,699</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">A</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">652</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">324</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,051</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Baa</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">217</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Below investment grade</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Not rated</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,850</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,225</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Short-term investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">524</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">635</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">255</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated investments at carrying value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,530</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">674</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,626</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the weighted average credit quality of the Company&#146;s AFS investment portfolios, excluding short-term
and other investments, as presented in the preceding table are as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="71%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.&nbsp;Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average credit quality ratings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">Aa</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">Aa</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">A</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insured Investments </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s consolidated
investment portfolio includes investments that are insured by various financial guarantee insurers (&#147;Insured Investments&#148;), including investments insured by National and MBIA Corp. (&#147;Company-Insured Investments&#148;). As of
December&nbsp;31, 2014, Insured Investments at fair value represented $498 million or 7% of consolidated investments, of which $312 million or 5% of consolidated investments were Company-Insured Investments. As of December&nbsp;31, 2014, based on
the actual or estimated underlying ratings of our consolidated investment portfolio, without giving effect to financial guarantees, the weighted average rating of only the Insured Investments in the investment portfolio would be in the A range. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In purchasing Insured Investments, the Company independently assesses the underlying credit quality, structure and liquidity of each investment, in addition to the
creditworthiness of the insurer. Insured Investments are diverse by sector, issuer and size of holding. The Company assigns underlying ratings to its Insured Investments without giving effect to financial guarantees based on underlying ratings
assigned by Moody&#146;s, or another external agency when a rating is not published by Moody&#146;s. When an external underlying rating is not available, the underlying rating is based on the Company&#146;s best estimate of the rating of such
investment. A downgrade of a financial guarantee insurer will likely have an adverse effect on the fair value of investments insured by the downgraded financial guarantee insurer. If MBIA determines that declines in the fair values of Insured
Investments are other-than-temporary, the Company will record a realized loss through earnings. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">76 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The underlying ratings of the Company-Insured Investments as of December&nbsp;31, 2014 are reflected in the following
table. Amounts represent the fair value of such investments including the benefit of the MBIA guarantee. The ratings in the following table are based on ratings from Moody&#146;s. Alternate ratings sources, such as S&amp;P, have been used for a
small percentage of securities that are not rated by Moody&#146;s. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="72%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Underlying Ratings Scale</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.&nbsp;Public</B><br><B>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">National:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Aa</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total National</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">186</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">207</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Corp.:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Aa</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Below investment grade</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total MBIA Corp.</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total Company-Insured Investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Without giving effect to the National and MBIA Corp. guarantees of the Company-Insured Investments in the consolidated investment
portfolio, as of December&nbsp;31, 2014, based on actual or estimated underlying ratings, the weighted average rating of the consolidated investment portfolio was in the Aa range. The weighted average rating of only the Company-Insured Investments
was in the Baa range, and investments rated below investment grade in the Company-Insured Investments were 2% of the total consolidated investment portfolio. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Impaired Investments </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, we held impaired
AFS investments (investments for which fair value was less than amortized cost) with a fair value of $2.1 billion and $3.5 billion, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We analyze
impaired investments within our investment portfolio for OTTI on a quarterly basis. Key factors considered when assessing OTTI include but are not limited to: (a)&nbsp;structural and economic factors among security types that represent our largest
exposure to credit impairment losses; (b)&nbsp;the duration and severity of the unrealized losses (i.e., a decline in the market value of a security by 20% or more at the time of the review, or 5% impaired at the time of review with a fair value
below amortized cost for a consecutive 12-month period); and (c)&nbsp;the results of various cash flow modeling techniques. Our cash flow analysis considers all sources of cash, including credit enhancement, that support the payment of amounts owed
by an issuer of a security. This includes the consideration of cash expected to be provided by financial guarantors, including MBIA Corp., resulting from an actual or potential insurance policy claim. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 8: Investments&#148; in the Notes to Consolidated Financial Statements for a detailed discussion about impaired investments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">77 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Contractual Obligations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes the Company&#146;s future estimated cash payments relating to contractual obligations as of December&nbsp;31, 2014. Estimating these
payments requires management to make estimates and assumptions regarding these obligations. The estimates and assumptions used by management are described below. Since these estimates and assumptions are subjective, actual payments in future periods
may vary from those reported in the following table. Refer to &#147;Note 13: Insurance in Force&#148; in the Notes to Consolidated Financial Statements for information about the Company&#146;s exposure under insurance contracts.</P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2018</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2019</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Thereafter</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insurance claim obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Lease liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and structured finance insurance segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Surplus notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">390</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">957</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,563</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insurance claim obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">285</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">967</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">802</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">992</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">619</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">867</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,710</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Lease liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;895</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;474</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;1,127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,705</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;6,673</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross insurance claim obligations represent the future value of probability-weighted payments MBIA expects to make (before estimated
recoveries, reinsurance and the consolidation of VIEs) under insurance policies for which the Company has recorded loss reserves (financial guarantees) or has estimated credit impairments (insured derivatives). The discounted value of estimated
payments included in the table, along with probability-weighted estimated recoveries and estimated negotiated early settlements, on policies accounted for as financial guarantee insurance contracts is reported as case basis reserves within
&#147;Loss and loss adjustment expense reserves&#148; on the Company&#146;s consolidated balance sheets. Insured derivatives are recorded at fair value and reported within &#147;Derivative liabilities&#148; on the Company&#146;s consolidated balance
sheets. Estimated potential claim payments on obligations issued by VIEs consolidated in our international and structured finance insurance segment are included within &#147;Gross insurance claim obligations&#148; in the preceding table. Obligations
of these VIEs are collateralized by assets held by the VIEs, and investors in such obligations do not have recourse to the general credit of MBIA. As of December&nbsp;31, 2014, VIE notes issued by issuer-sponsored consolidated VIEs totaled $4.8
billion, including $2.1 billion recorded at fair value, and are not considered contractual obligations of MBIA beyond MBIA&#146;s insurance claim obligation. The Company&#146;s involvement with VIEs is continually reassessed as required by
consolidation guidance, and may result in consolidation or deconsolidation of VIEs in future periods. As the Company consolidates and deconsolidates VIEs, the amount of VIE debt obligations recorded on its balance sheet may change significantly.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Surplus notes, investment agreements, MTNs, and long-term debt include principal and interest and exclude premiums or discounts. Liabilities issued at discounts
reflect principal due at maturity. Interest payments on floating rate obligations are estimated using applicable forward rates. Principal and interest on callable obligations or obligations that allow investors to withdraw funds prior to legal
maturity are based on the expected call or withdrawal dates of such obligations. Liabilities denominated in foreign currencies are presented in U.S. dollars using applicable exchange rates as of December&nbsp;31, 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in international and structured finance insurance segment&#146;s surplus notes is interest related to the 2013 and 2014 interest payments in which MBIA
Corp.&#146;s requests for approval to pay was denied by the NYSDFS. This deferred interest payment will be due on the first business day on or after which MBIA Corp. obtains approval to make such payment. No interest will accrue on the deferred
interest. There can be no assurance that the NYSDFS will approve any subsequent payments, or that it will approve any payment by the scheduled interest payment date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">78 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>LIQUIDITY (continued) </I></B></P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The repayment of principal on our surplus notes is reflected in 2018, which is the next call date. Principal payments
under investment agreements are based on expected withdrawal dates. All other principal payments are based on contractual maturity dates. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_10">
</A>Item 7A. Quantitative and Qualitative Disclosures About Market Risk </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s market risk exposures relate to changes in interest rates, foreign
exchange rates and credit spreads that affect the fair value of its financial instruments, namely investment securities, investment agreement liabilities, MTNs, debentures and certain derivative transactions. The Company&#146;s investment portfolio
holdings are primarily U.S. dollar-denominated fixed-income securities including municipal bonds, U.S. government bonds, MBS, collateralized mortgage obligations, corporate bonds and ABS. In periods of rising and/or volatile interest rates, foreign
exchange rates and credit spreads, profitability could be adversely affected should the Company have to liquidate these securities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA minimizes its exposure to
interest rate risk, foreign exchange risk and credit spread movement through active portfolio management to ensure a proper mix of the types of securities held and to stagger the maturities of its fixed-income securities. In addition, the Company
enters into various swap agreements that hedge the risk of loss due to interest rate and foreign currency volatility. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Interest Rate Sensitivity </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Interest rate sensitivity can be estimated by projecting a hypothetical instantaneous increase or decrease in interest rates. The following table presents the estimated
pre-tax change in fair value of the Company&#146;s financial instruments as of December&nbsp;31, 2014 from instantaneous shifts in interest rates: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Interest Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>300&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>100&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>100&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>300&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated change in fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(122)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(239)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(350)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Foreign Exchange Rate Sensitivity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company is exposed to foreign exchange rate risk in respect of assets and liabilities denominated in currencies other than U.S. dollars. In addition to our international insurance business, some of the remaining liabilities included in our corporate
segment are denominated in currencies other than U.S. dollars. Also, the Company regularly makes investments denominated in foreign currencies. The majority of the Company&#146;s foreign exchange rate risks is with the pound sterling and the euro.
Foreign exchange rate sensitivity can be estimated by projecting a hypothetical instantaneous increase or decrease in foreign exchange rates. The following table presents the estimated pre-tax change in fair value of the Company&#146;s financial
instruments as of December&nbsp;31, 2014 from instantaneous shifts in foreign exchange rates: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Foreign Exchange Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Dollar Weakens</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Dollar Strengthens</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;20%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;10%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;10%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;20%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated change in fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Credit Spread Sensitivity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Credit
spread sensitivity can be estimated by projecting a hypothetical instantaneous increase or decrease in credit spreads. The following table presents the estimated pre-tax change in fair value of the Company&#146;s financial instruments as of
December&nbsp;31, 2014 from instantaneous shifts in credit spread curves. It was assumed that all credit spreads move by the same amount. It is more likely that the actual changes in credit spreads will vary by security. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">79 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7A. Quantitative and Qualitative Disclosures About Market Risk (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s investment portfolio would generally be expected to experience lower credit spread volatility than
other investment portfolios since National has higher credit quality and portfolio composition in sectors that have been less volatile historically. Because downward movements of these amounts in some cases would result in negative spreads, a floor
was assumed for minimum spreads. The changes in fair value reflect partially offsetting effects as the value of the investment portfolios generally changes in an opposite direction from the liability portfolio. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="53%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Credit Spreads</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>50&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>50&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated change in fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(74)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(306)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Credit Derivatives Sensitivity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA
Corp. issued insurance policies insuring payments due on structured credit derivative contracts which are marked-to-market through earnings under the accounting principles for derivatives and hedging activities. The majority of these structured CDSs
related to structured finance transactions with underlying reference obligations of cash securities and CDSs referencing liabilities of corporations or of other structured finance securitizations. The asset classes of the underlying reference
obligations included corporate, ABS, RMBS and CMBS. These transactions were usually underwritten at or above a triple-A credit rating level. As of December&nbsp;31, 2014, approximately 73% of the tranches insured by the Company were rated triple-A.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2014, MBIA Corp. has observed a widening of its own credit spreads. As changes in fair value can be caused by factors unrelated to the performance of MBIA
Corp.&#146;s business and credit portfolio, including general market conditions and perceptions of credit risk, as well as market use of credit derivatives for hedging purposes unrelated to the specific referenced credits in addition to events that
affect particular credit derivative exposures, the application of fair value accounting will cause the Company&#146;s earnings to be more volatile than would be suggested by the underlying performance of MBIA&#146;s business operations and credit
portfolio. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables reflect sensitivities to changes in credit spreads, credit rating, recovery rates and MBIA Corp.&#146;s upfront credit spreads.
Each table stands on its own and should be read independently of each other. Refer to &#147;Note 7: Fair Value of Financial Instruments&#148; in the Notes to Consolidated Financial Statements for further information about the Company&#146;s
financial assets and liabilities that are accounted for at fair value, including valuation techniques and disclosures required by GAAP. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Sensitivity to changes in
credit spreads can be estimated by projecting a hypothetical instantaneous shift in credit spread curves. The following table presents the estimated pre-tax change in fair value and the cumulative estimated net fair value of MBIA Corp.&#146;s credit
derivatives portfolio of instantaneous shifts in credit spreads as of December&nbsp;31, 2014. In scenarios where credit spreads decreased, a floor of zero was used. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center"><B>Change in Credit Spreads</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(International and Structured Finance Insurance)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>600&nbsp;Basis<BR>Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis<BR>Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>50 Basis<BR>Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>0 Basis<BR>Point<BR>Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>50 Basis<BR>Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis<BR>Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>600&nbsp;Basis<BR>Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated pre-tax net gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(60)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated net fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(204)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(228)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(239)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(247)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(260)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(304)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Actual shifts in credit spread curves will vary based on the credit quality of the underlying reference obligations. In general, within
any asset class, higher credit rated reference obligations will exhibit less credit spread movement than lower credit rated reference obligations. Additionally, the degree of credit spread movement can vary significantly for different asset classes.
The basis point change presented in the preceding table, however, represents a fixed basis point change in referenced obligation credit spreads across all credit quality rating categories and asset classes and, therefore, the actual impact of spread
changes would vary from this presentation depending on the credit rating and distribution across asset classes, both of which will adjust over time depending on new business written and runoff of the existing portfolio. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">80 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7A. Quantitative and Qualitative Disclosures About Market Risk (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the estimated pre-tax change in fair value and the cumulative estimated net fair value of
MBIA Corp.&#146;s insured credit derivatives portfolio by projecting a hypothetical change in the credit ratings as of December&nbsp;31, 2014. A notch represents a one-step movement up or down in the credit rating. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" NOWRAP ALIGN="center"><B>Change in Credit Ratings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(International and Structured Finance Insurance)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Three&nbsp;Notch<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>One&nbsp;Notch<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>No&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>One&nbsp;Notch<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Three&nbsp;Notch<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated pre-tax net gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(34)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(57)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated net fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(199)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(239)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(278)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(301)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Recovery rates on defaulted collateral are an input into MBIA Corp.&#146;s valuation model. Sensitivity to changes in the recovery rate
assumptions used by MBIA Corp. can be estimated by projecting a hypothetical change in these assumptions. The following table presents the estimated pre-tax change in fair value and the cumulative estimated net fair value of MBIA Corp.&#146;s
insured credit derivatives portfolio based on a change in the recovery rate assumptions as of December&nbsp;31, 2014. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" NOWRAP ALIGN="center"><B>Change in Recovery Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(International and Structured Finance Insurance)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>20%&nbsp;Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>10%&nbsp;Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>No&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>10%&nbsp;Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>20%&nbsp;Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated pre-tax net gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated net fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(227)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(235)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(250)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(257)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Accounting principles for fair value measurements require MBIA Corp. to incorporate its own nonperformance risk in its valuation
methodology. Sensitivity to changes in MBIA Corp.&#146;s credit spreads can be estimated by projecting a hypothetical change in this assumption. The following table presents the estimated pre-tax change in fair value and the cumulative estimated net
fair value of MBIA Corp.&#146;s insured credit derivative portfolio. The actual upfront spread used in the valuation as of December&nbsp;31, 2014 ranged from 3.68% to 18.98% based on the tenor of each transaction. The below amounts include an
additional annual running credit spread of 5%. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="48%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center"><B>MBIA Corp.&#146;s Upfront Credit Spread</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(International and Structured Finance Insurance)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Increase&nbsp;by&nbsp;15<BR>Percentage&nbsp;Points</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Increase&nbsp;by&nbsp;7<BR>Percentage&nbsp;Points</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>No&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Decrease&nbsp;to&nbsp;0<BR>Percentage&nbsp;Points</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated pre-tax net gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated net fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(198)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(222)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(282)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s insurance of structured credit derivatives typically remain in place until the maturity of the derivative. With
respect to MBIA Corp.&#146;s insured structured credit derivatives, in the absence of credit impairments or the termination of derivatives at losses, the cumulative unrealized losses should reverse before or at maturity of the contracts.
Additionally, in the event of the termination and settlement of a contract prior to maturity, any resulting gain or loss upon settlement will be recorded in our consolidated financial statements. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Warrants Sensitivity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Warrants issued by the Company to purchase
shares of MBIA Inc. common stock are recorded at fair value in the Company&#146;s balance sheet and changes in fair value are recorded through earnings. The Company values these warrants using the Black-Scholes model. Refer to &#147;Note 7: Fair
Value of Financial Instruments&#148; in the Notes to Consolidated Financial Statements for further information about the valuation of warrants issued by the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While several factors influence the value of the Company&#146;s warrants, including stock price, stock volatility, interest rates and dividends, changes in the value of
the Company&#146;s warrants during 2014 were primarily driven by changes in the Company&#146;s stock price. The following table presents the estimated pre-tax change in fair value and the estimated aggregate fair value of the Company&#146;s warrants
assuming hypothetical stock price changes as of December&nbsp;31, 2014. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Stock Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>25%&nbsp;Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>10%&nbsp;Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>No&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>10%&nbsp;Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>25%&nbsp;Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated pre-tax net gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated net fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(49)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(36)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">81 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_11"></A>Item&nbsp;8. Financial Statements and Supplementary Data </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>INDEX TO
CONSOLIDATED FINANCIAL STATEMENTS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="96%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_1">Report of Independent Registered Public Accounting Firm</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_2">Consolidated Balance Sheets as of December&nbsp;31, 2014 and 2013</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_3">Consolidated Statements of Operations for the years ended December&nbsp;31, 2014, 2013 and 2012</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_4">Consolidated Statements of Comprehensive Income (Loss) for the years ended December&nbsp;31, 2014, 2013 and
2012</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_5">Consolidated Statements of Changes in Shareholders&#146; Equity for the years ended December&nbsp;
31, 2014,<BR>2013 and 2012</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_6">Consolidated Statements of Cash Flows for the years ended December&nbsp;31, 2014, 2013 and 2012</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx868514_7">Notes to Consolidated Financial Statements</A></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">See &#147;Item 6. Selected Financial Data&#148; for Supplementary Financial Information </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">82 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx868514_1"></A>Report of Independent Registered Public Accounting Firm </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To the Board of Directors and Shareholders of MBIA Inc.: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In our opinion, the
accompanying consolidated balance sheets and the related consolidated statements of operations, of comprehensive income (loss), of changes in shareholders&#146; equity and of cash flows present fairly, in all material respects, the financial
position of MBIA Inc. and its subsidiaries at December&nbsp;31, 2014 and 2013, and the results of their operations and their cash flows for each of the three years in the period ended December&nbsp;31, 2014 in conformity with accounting principles
generally accepted in the United States of America. In addition, in our opinion, the financial statement schedules listed in the index appearing under Item&nbsp;15(a)(2), present fairly, in all material respects, the information set forth therein
when read in conjunction with the related consolidated financial statements. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December&nbsp;31, 2014, based on criteria
established in <I>Internal Control&#151;Integrated Framework (2013)</I>&nbsp;issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The Company&#146;s management is responsible for these financial statements and
financial statement schedules, for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in Management&#146;s Report on Internal Control
over Financial Reporting appearing under Item&nbsp;9A. Our responsibility is to express opinions on these financial statements, on the financial statement schedules, and on the Company&#146;s internal control over financial reporting based on our
integrated audits. We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether
the financial statements are free of material misstatement and whether effective internal control over financial reporting was maintained in all material respects. Our audits of the financial statements included examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our audit of internal control
over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control
based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A company&#146;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and
the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company&#146;s internal control over financial reporting includes those policies and procedures that (i)&nbsp;pertain to the
maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (ii)&nbsp;provide reasonable assurance that transactions are recorded as necessary to permit preparation
of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(iii)&nbsp;provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#146;s assets that could have a material effect on the financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">/s/ PricewaterhouseCoopers LLP </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">New York, New York </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">March&nbsp;2, 2015 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">83 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx868514_2"></A>CONSOLIDATED BALANCE SHEETS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions except share and per share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $5,036 and $5,064)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,987</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">207</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">204</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments pledged as collateral, at fair value (amortized cost $441 and $483)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">408</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">424</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Short-term investments held as available-for-sale, at fair value (amortized cost $1,069 and $1,203)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,069</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,204</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other investments (includes investments at fair value of $13 and $11)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,835</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">729</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Premiums receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">875</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,051</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">217</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">260</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">533</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">694</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">802</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred income taxes, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,028</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">229</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">222</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Assets of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments held-to-maturity, at amortized cost (fair value $2,632 and $2,651)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments held as available-for-sale, at fair value (amortized cost $0 and $136)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Fixed-maturity securities at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">421</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">587</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">379</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">359</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>16,284</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>16,953</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Liabilities and Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,441</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">506</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">547</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Medium-term notes (includes financial instruments carried at fair value of $197 and $203)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,427</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,810</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,702</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">437</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liabilities held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">772</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">271</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liabilities of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Variable interest entity notes (includes financial instruments carried at fair value of $2,047 and $2,356)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,804</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,286</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>12,334</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>13,654</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Commitments and contingencies (See Note 21)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Equity:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Preferred stock, par value $1 per share; authorized shares&#151;10,000,000; issued and outstanding&#151;none</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Common stock, par value $1 per share; authorized shares&#151;400,000,000; issued shares&#151;281,352,782 and 277,812,430</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Additional paid-in capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Retained earnings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,858</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accumulated other comprehensive income (loss), net of tax of $7 and $54</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(86)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Treasury stock, at cost&#151;89,409,887 and 85,562,546 shares</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,359)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,318)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total shareholders&#146; equity of MBIA Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,929</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Preferred stock of subsidiary and noncontrolling interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,950</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,299</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total liabilities and equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>16,284</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>16,953</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:80pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">84 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx868514_3"></A>CONSOLIDATED STATEMENTS OF OPERATIONS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions except share and per share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Revenues:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Scheduled premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">304</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">372</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Refunding premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">139</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">153</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Premiums earned (net of ceded premiums of $12, $10 and $14)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">605</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">214</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fees and reimbursements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in fair value of insured derivatives:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(444)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,545)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(406)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,777</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,870</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,464</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(99)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(58)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(47)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Revenues of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Expenses:</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">338</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Expenses of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">629</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">837</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income (loss)</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>569</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>250</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,234</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Net income (loss) per common share:</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL"><B>Weighted average number of common shares outstanding:</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188,171,503</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189,071,011</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188,834,626</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190,898,627</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190,312,913</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189,897,021</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:90pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">85 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx868514_4"></A>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="79%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss):</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on available-for-sale securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) arising during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">254</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(213)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">176</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(76)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(137)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Available-for-sale securities with other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other-than-temporary impairments and unrealized gains (losses) arising during the period</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(85)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Comprehensive income (loss)</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>676</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>108</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,466</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:300pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">86 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx868514_5"></A>CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS&#146; EQUITY </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>For The Years Ended December&nbsp;31, 2014, 2013 and 2012 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions except share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Common Stock</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Additional</B><br><B>Paid-in</B><br><B>Capital</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Retained</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accumulated</B><br><B>Other</B><br><B>Comprehensive</B><br><B>Income (Loss)</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Treasury Stock</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B><br><B>Shareholders&#146;</B><br><B>Equity</B><br><B>of MBIA Inc.</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Preferred&nbsp;Stock</B><br><B>of&nbsp;Subsidiary&nbsp;and</B><br><B>Noncontrolling&nbsp;Interest</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B><br><B>Equity</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, January&nbsp;1, 2012</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>274,896,162</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>275</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,072</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B> 805</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(176)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(81,752,966)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,276)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,700</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>23</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>&nbsp;&nbsp;1,723</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Share-based compensation, net of tax of $7</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,508,877</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19,436</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Change in noncontrolling interest in subsidiary</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2012</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>277,405,039</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>277</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,076</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,039</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>56</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(81,733,530)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,275)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,173</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>21</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,194</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Share-based compensation, net of tax of $4</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407,391</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3,292,641)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(36)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Treasury shares received for warrant issuance</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(536,375)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2013</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>277,812,430</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>278</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,115</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,289</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(86)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(85,562,546)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,318)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,278</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>21</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,299</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Share-based compensation, net of tax of $2</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,540,352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(513,267)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Treasury shares acquired under share repurchase program</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(3,334,074)</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(35)</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(35)</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">(35)</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:7pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2014</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>281,352,782</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>281</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,128</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,858</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>21</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(89,409,887)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,359)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,929</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>21</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,950</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:120pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:120pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of
the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">87 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx868514_6"></A>CONSOLIDATED STATEMENTS OF CASH FLOWS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="79%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash flows from operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Premiums, fees and reimbursements received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">193</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investment income received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">419</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">426</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">594</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Errors and omissions insurance recoveries received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insured derivative commutations and losses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(432)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(458)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(464)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Financial guarantee losses and loss adjustment expenses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(240)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(443)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(895)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proceeds from recoveries and reinsurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,621</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">263</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating and employee related expenses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(238)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(277)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(400)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest paid, net of interest converted to principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(179)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(224)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(400)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income taxes (paid) received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(333)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,027)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash flows from investing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of available-for-sale investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,494)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,397)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3,086)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales of available-for-sale investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,726</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,658</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Paydowns and maturities of available-for-sale investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">484</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">452</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">609</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(631)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(371)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(346)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities of investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">789</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">595</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">960</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities (purchases) of short-term investments, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">515</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(358)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">739</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities of held-to-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,014</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities of other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(310)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Paydowns and maturities of loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">313</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Consolidation of variable interest entities including cash acquired</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">221</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deconsolidation of variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">(Payments) proceeds for derivative settlements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(288)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Collateral (to) from swap counterparty</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(285)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Capital expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by investing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">812</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash flows from financing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proceeds from investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(192)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(285)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(688)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(168)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(197)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(102)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(609)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,112)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,229)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proceeds from issuance of variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Payments for securities sold under agreements to repurchase</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(287)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Payments for retirement of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(540)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of treasury stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Change in noncontrolling interest and (purchase)/redemption of subsidiary preferred stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Restricted stock awards settlements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by financing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(892)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,566)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,811)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Effect of exchange rate changes on cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net increase (decrease) in cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(421)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">268</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">357</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents&#151;beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">990</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Reclassification to assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents&#151;end of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">990</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Reconciliation of net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Change in:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Premiums receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">176</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(412)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(506)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(600)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(133)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(216)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,637</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(602)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accrued interest payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accrued expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(36)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Realized (gains) losses and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unrealized (gains) losses on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(903)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,777)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,870)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net (gains) losses on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized (gains) losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(25)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred income tax provision (benefit)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">365</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">(Gains) losses on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(49)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest on variable interest entities, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total adjustments to net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(902)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,579</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,261)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(333)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,027)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">88 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx868514_7">
</A>Notes to Consolidated Financial Statements </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 1: Business Developments and Risks and Uncertainties </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Summary </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc., together with its consolidated subsidiaries,
(collectively, &#147;MBIA&#148; or the &#147;Company&#148;) operates one of the largest financial guarantee insurance businesses in the industry and was a provider of asset management and advisory services. MBIA manages five operating segments:
1)&nbsp;United States (&#147;U.S.&#148;) public finance insurance; 2)&nbsp;international and structured finance insurance; 3)&nbsp;corporate; 4)&nbsp;advisory services; and 5)&nbsp;conduit. The Company&#146;s U.S. public finance insurance business
is primarily operated through National Public Finance Guarantee Corporation and its subsidiaries (&#147;National&#148;), its international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its
subsidiaries (&#147;MBIA Corp.&#148;), and its asset management and advisory services business was operated through Cutwater Holdings, LLC and its subsidiaries (&#147;Cutwater&#148;). Unless otherwise indicated or the context otherwise requires,
references to &#147;MBIA Corp.&#148; are to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK Insurance Limited (&#147;MBIA UK&#148;) and MBIA Mexico S.A. de C.V. MBIA Inc. and certain of its subsidiaries also manage certain other
business activities, the results of which are reported in the corporate and conduit segments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During the second quarter of 2014, the Company dissolved its conduit
segment. During the fourth quarter of 2014, the Company changed the name of its structured finance and international insurance operating segment to international and structured finance insurance. Also during the fourth quarter of 2014, the Company
entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction, which was effective January&nbsp;1, 2015, had a positive but immaterial impact on the Company&#146;s financial position and
results of operations. Effective in the fourth quarter of 2014, the Company&#146;s previously reported asset/liability products segment and its corporate segment are managed and reported as one operating segment referred to as the corporate segment.
Refer to &#147;Note 12: Business Segments&#148; for further information about the Company&#146;s operating segments. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Business Developments </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National Ratings and New Business Opportunities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s ability to
write new business and compete with other financial guarantors is largely dependent on the financial strength ratings assigned to National by major rating agencies. As of December&nbsp;31, 2014, National was rated AA+ with a stable outlook by Kroll
Bond Rating Agency, AA- with a stable outlook by Standard&nbsp;&amp; Poor&#146;s Financial Services LLC (&#147;S&amp;P&#148;), and A3 with a negative outlook by Moody&#146;s Investors Service, Inc. (&#147;Moody&#146;s&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National seeks to generate shareholder value through appropriate risk adjusted pricing; however, current market conditions and the competitive landscape may limit
National&#146;s new business opportunities and its abilities to price and underwrite risk with attractive returns.&nbsp;Refer to &#147;Risks and Uncertainties&#148; below for a discussion of business risks related to National&#146;s insured
portfolio. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Corp. Risk Reductions </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014, the Company
continued to focus on the collection of excess spread and put-back recoveries and the mitigation of MBIA Corp.&#146;s high risk insurance exposures, primarily through commutations of insurance policies. During 2014, MBIA Corp. commuted $7.1 billion
of gross par exposure, primarily comprising structured commercial mortgage-backed securities (&#147;CMBS&#148;) pools, investment grade corporate collateralized debt obligations (&#147;CDOs&#148;), small business securitizations, commercial real
estate (&#147;CRE&#148;) CDOs and asset-backed securities (&#147;ABS&#148;) CDOs. During 2013, MBIA Corp. commuted $20.0 billion of gross par exposure, including $7.4 billion and $4.2 billion commuted with Bank of America and Societe Generale,
respectively, primarily comprising structured CMBS pools, investment grade CDOs, ABS CDOs, first-lien residential mortgage-backed securities (&#147;RMBS&#148;), high yield corporate CDOs, CRE CDOs and structured insurance securities. During 2012,
MBIA Corp. commuted $13.4 billion of gross par exposure, primarily comprising structured CMBS pools, CRE CDOs, investment grade CDOs, ABS CDOs, and subprime RMBS transactions. MBIA Corp. may make negotiated settlement payments to counterparties
and/or forego its right to all or some termination premiums when it commutes insurance exposures. The difference between the fair values of the Company&#146;s derivative liabilities for the commuted policies and the aggregate cost of the commutation
is reflected in earnings. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">89 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 1: Business Developments and Risks and Uncertainties (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Held For Sale Classifications </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Armonk, New York Facility </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2013, the Company approved
and initiated a plan to sell its Armonk, New York facility and, since then, has actively marketed the facility for sale. As a result, the facility was classified as held for sale as of December&nbsp;31, 2014 and 2013 and presented within
&#147;Assets held for sale&#148; on the Company&#146;s consolidated balance sheets and measured at the lower of its carrying value or fair value less cost to sell. The Company no longer recognizes depreciation expense on the facility while
classified as held for sale. During 2014 and 2013, the Company recorded impairment charges of $3 million and $29 million, respectively, on the Armonk, New York facility to adjust the carrying amount to its estimated fair market value less costs to
sell. The fair market value was estimated based on an independent third-party appraisal. The impairment charges were reflected in the results of the Company&#146;s U.S. public finance insurance segment and included in &#147;Other net realized gains
(losses)&#148; on the Company&#146;s consolidated statements of operations. Also, during 2014, the Company moved its headquarters from its Armonk, New York facility to a leased facility in Purchase, New York. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Sale of Cutwater Business </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a result of the agreement to sell Cutwater, the
assets and liabilities of Cutwater were classified as held for sale as of December&nbsp;31, 2014 and presented within &#147;Assets held for sale&#148; and &#147;Liabilities held for sale&#148; on the Company&#146;s consolidated balance sheet and
measured at the lower of its carrying value or fair value less cost to sell. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Assets and Liabilities Held for Sale by Major Category </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes the components of assets and liabilities held for sale as of December&nbsp;31, 2014 and 2013: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">711</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total assets held for sale</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">802</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Liabilities</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payable for loans purchased</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">323</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total liabilities held for sale</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">772</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Risks and Uncertainties </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&#146;s financial statements include estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company to revise its
estimates and assumptions or could cause actual results to differ from the Company&#146;s estimates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">90 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 1: Business Developments and Risks and Uncertainties (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While the Company believes it continues to have sufficient capital and liquidity to meet all of its expected
obligations, if one or more possible adverse outcomes were to be realized, its financial position, results of operations and cash flows, and its insurance companies&#146; statutory capital, could be materially and adversely affected. The discussion
below highlights the significant risks and uncertainties that could have a material effect on the Company&#146;s financial statements and business objectives in future periods. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>U.S. Public Finance Market Conditions </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s insured portfolio
continued to perform satisfactorily against a backdrop of strengthening domestic economic activity. While this trend will generally benefit tax revenues and fees charged for essential municipal services which secure National&#146;s insured bond
portfolio, some state and local governments and territory obligors National insures remain under financial and budgetary stress. In addition, a few of these local governments have filed for protection under Chapter 9 of the United States Bankruptcy
Code or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. This could lead to an increase in defaults by such entities on the payment of their obligations and
losses or impairments on a greater number of the Company&#146;s insured transactions. The Company monitors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress is uncertain. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Corp. Recoveries and Insured Portfolio </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The amount and timing of
projected collections from excess spread from second-lien RMBS and the put-back recoverable from Credit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing Inc. (collectively, &#147;Credit Suisse&#148;) and the
potential of claims from MBIA Corp.&#146;s remaining insured exposures are uncertain. Further, the remaining insured portfolio, aside from these exposures, could deteriorate and result in additional significant loss reserves and claim payments.
Management&#146;s expected liquidity and capital forecasts for MBIA Corp., which include expected put-back recoveries from Credit Suisse and excess spread recoveries, reflect adequate resources to pay claims when due. However, if MBIA Corp.
experiences higher than expected claim payments or is unable to terminate the remaining exposures that represent substantial risk to the Company, MBIA Corp. may ultimately have insufficient resources to continue to pay claims, which could cause the
New York State Department of Financial Services (&#147;NYSDFS&#148;) to put MBIA Insurance Corporation, exclusive of MBIA UK, into a rehabilitation or liquidation proceeding. The Company does not believe that a rehabilitation or liquidation
proceeding of MBIA Insurance Corporation by NYSDFS would have any significant long-term liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA UK. Such a proceeding could have material adverse consequences for MBIA
Corp., including the termination of insured credit default swaps (&#147;CDS&#148;) contracts for which counterparties may assert market-based claims, the acceleration of debt obligations issued by affiliates and insured by MBIA Corp., the loss of
control of MBIA Insurance Corporation to a rehabilitator or liquidator, and unplanned costs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148;
for information about MBIA Corp.&#146;s loss reserves and recoveries. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Corporate Liquidity </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the liquidity position, which comprise cash and liquid assets available for general liquidity purposes, of the Company&#146;s
corporate segment was $498 million and $359 million, respectively. During 2014, $220 million was released to MBIA Inc. under the MBIA group&#146;s tax sharing agreement (the &#147;Tax Escrow Account&#148;) and National declared and paid a dividend
of $220 million to its ultimate parent, MBIA Inc. Subsequent to December&nbsp;31, 2014, an additional $228 million was released to MBIA Inc. from the Tax Escrow Account. While MBIA Inc.&#146;s liquidity position improved during 2014 due to the Tax
Escrow Account release and dividends received, MBIA Inc. continues to have liquidity risk. If invested asset performance deteriorates or the flow of dividends from subsidiaries is interrupted and/or access to the capital markets is impaired, its
liquidity position could be eroded over time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">91 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 1: Business Developments and Risks and Uncertainties (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While the Company expects that MBIA Inc. will generate sufficient cash to satisfy its debt obligations and its general
corporate needs over time from distributions from its operating subsidiaries and payments under the Tax Escrow Account once the payments become unrestricted, there can be no assurance that such sources will generate sufficient cash. In addition, a
failure by MBIA Inc. to settle liabilities that are also insured by MBIA Corp. could result in claims on MBIA Corp. </P>
 <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 2: Significant Accounting Policies </B></P>
 <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Basis of Presentation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The consolidated financial
statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;). The preparation of financial statements in conformity with GAAP requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain amounts have been reclassified in prior years&#146; financial statements to conform to the current presentation. These reclassifications had no impact on total
revenues, expenses, assets, liabilities, or shareholders&#146; equity for all periods presented. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Consolidation </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company has a controlling
financial interest. All intercompany balances and transactions have been eliminated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a variable
interest entity (&#147;VIE&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Voting interest entities are entities in which (i)&nbsp;the total equity investment at risk is sufficient to enable an entity to
finance its activities independently and (ii)&nbsp;the equity holders have the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity&#146;s activities. Voting interest entities are
consolidated when the Company has a majority voting interest. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIEs are entities that lack one or more of the characteristics of a voting interest entity. The
consolidation of a VIE is required if an entity has a variable interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest or interests give it a
controlling financial interest in the VIE. A controlling financial interest is present when an enterprise has both (a)&nbsp;the power to direct the activities of a VIE that most significantly impact the entity&#146;s economic performance and
(b)&nbsp;the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to
consolidate the VIE. The Company consolidates all VIEs in which it is the primary beneficiary. Refer to &#147;Note 4: Variable Interest Entities&#148; for additional information. The Company elected to apply the fair value option to all financial
assets and financial liabilities of certain consolidated VIEs on a VIE-by-VIE basis. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investments </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company classifies its investments as available-for-sale (&#147;AFS&#148;), held-to-maturity (&#147;HTM&#148;), or trading. AFS investments are reported in the
consolidated balance sheets at fair value with unrealized gains and losses, net of applicable deferred income taxes, reflected in accumulated other comprehensive income (loss) (&#147;AOCI&#148;) in shareholders&#146; equity. Investments carried at
fair value are reported in the consolidated balance sheet at fair value and changes in fair value and realized gains and losses from the sale of these securities are reflected in earnings as part of &#147;Net gains (losses) on financial instruments
at fair value and foreign exchange.&#148; Investments carried at fair value are classified as trading and consist of debt securities held in portfolios that are actively managed and are subject to frequent buying and selling. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">92 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 2: Significant Accounting Policies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Short-term investments held as AFS include all fixed-maturity securities with a remaining effective term to maturity of
less than one year, commercial paper and money market securities. HTM investments are reported in the consolidated balance sheets at amortized cost. Debt securities are classified as HTM investments when the Company has the ability and intent to
hold such investments to maturity. Investment income is recorded as earned. Bond discounts and premiums are amortized using the effective yield method over the remaining term of the securities and reported in &#147;Net investment income.&#148; For
mortgage-backed securities (&#147;MBS&#148;) and ABS, discounts and premiums are amortized using the retrospective method. Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Other-Than-Temporary Impairments on Investment Securities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s
consolidated statements of operations reflect the full impairment (the difference between a security&#146;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell
before the expected recovery of the amortized cost basis. For AFS and HTM debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the
credit loss component of the impairment is recognized in earnings. For AFS securities, the remaining fair value loss is recognized in AOCI, net of applicable deferred income taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s AFS and HTM securities for which the fair value is less than amortized cost are reviewed no less than quarterly in order to determine whether a
credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (a)&nbsp;the
magnitude and duration of the decline, (b)&nbsp;credit indicators and&nbsp;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in credit spreads, and the financial
condition of the issuer, and (c)&nbsp;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for ABS and CDOs are assessed using discounted cash flow modeling, and the
recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Cash, Cash Equivalents and Collateral
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Cash and cash equivalents include cash on hand, demand deposits, and deposits with banks with original maturities of less than 90 days. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Acquisition Costs </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company capitalizes and defers acquisition
costs that are directly related to the successful acquisition of new or renewal insurance business. Acquisition costs are costs to acquire an insurance contract which result directly from and is essential to the insurance contracts transaction and
would not have been incurred by the Company had the contract transaction not occurred. Acquisition costs include compensation of employees involved in underwriting, certain rating agency fees, state premium taxes and certain other underwriting
expenses, reduced by ceding commission income on premiums ceded to reinsurers. Acquisition costs also include ceding commissions paid by the Company in connection with assuming business from other financial guarantors. Acquisition costs, net of
ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related premiums are earned. Acquisition costs related to insured derivative transactions are
expensed as incurred. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Property and Equipment </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Property and
equipment consists of land, buildings, leasehold improvements, furniture, fixtures and equipment and software owned by the Company. All property and equipment held for use is recorded at cost and, except for land, is depreciated over the appropriate
useful life of the asset using the straight-line method. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">93 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 2: Significant Accounting Policies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Leasehold improvements are amortized over the useful life of the improvement or the remaining term of the lease,
whichever is shorter. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the Company&#146;s balance sheet and any gain or loss on disposition is recognized in earnings as a component of &#147;Other
net realized gains (losses).&#148; Maintenance and repairs are charged to current earnings as incurred. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Property, leasehold improvements and equipment are tested
for potential impairment whenever events or changes in circumstances suggest that an asset&#146;s or asset group&#146;s carrying value may not be fully recoverable. An impairment loss, calculated as the difference between the estimated fair value
and the carrying value of an asset or asset group, is recognized if the sum of the expected undiscounted cash flows relating to the asset or asset group is less than the corresponding carrying value. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s estimated remaining weighted average useful lives of each class of assets held for use as of December&nbsp;31, 2014 are as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="89%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Leasehold improvements</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15&nbsp;years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Furniture and fixtures</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">6&nbsp;years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equipment and software</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">4&nbsp;years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Derivatives </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA has entered into
derivative transactions as an alternative form of financial guarantee and for purposes of managing risks associated with existing assets and liabilities. All derivative instruments are reported at fair value on the consolidated balance sheets as
either assets or liabilities depending on the rights or obligations under the contract, and changes in fair value are reported in the consolidated statements of operations as &#147;Net gains (losses) on financial instruments at fair value and
foreign exchange&#148; or &#147;Unrealized gains (losses) on insured derivatives&#148; depending on the nature of the derivative. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company elected to record at
fair value certain financial instruments that contained an embedded derivative that required bifurcation from the host contract and to be accounted for separately as a derivative instrument. These hybrid financial instruments included certain
medium-term notes (&#147;MTNs&#148;) and certain AFS securities. The Company elected to fair value these hybrid financial instruments given the complexity of bifurcating the embedded derivatives. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 9: Derivative Instruments&#148; for a further discussion of the Company&#146;s use of derivatives and their impact on the Company&#146;s
consolidated financial statements and &#147;Note 7: Fair Value of Financial Instruments&#148; for derivative valuation techniques and fair value disclosures. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Offsetting of Fair Value Amounts Related to Derivative Instruments </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company presents the fair value amounts recognized for eligible derivative contracts executed with the same counterparty on a net basis in the consolidated balance
sheets. Accrued receivables and accrued payables which meet the offsetting criteria are netted separately from the derivative amounts and reported in &#147;Other assets&#148; or &#147;Other liabilities.&#148; Cash collateral is offset against
amounts recognized as derivative liabilities and the related accrued interest for eligible derivative contracts. Refer to &#147;Note 9: Derivative Instruments&#148; for the impact of offsetting eligible derivative contracts executed with the same
counterparty on the consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">94 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 2: Significant Accounting Policies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Measurements&#151;Definition and Hierarchy </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In determining fair value, the Company uses various valuation approaches, including both market and income approaches. The accounting guidance for fair value measurement
establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable
inputs are those the Company believes that market participants would use in pricing the asset or liability developed based on market data. Unobservable inputs are those that reflect the Company&#146;s beliefs about the assumptions market
participants would use in pricing the asset or liability developed based on the best information available. The hierarchy is broken down into three levels based on the observability and reliability of inputs as follows: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 1&#151;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Assets utilizing Level 1 inputs generally include U.S. Treasuries, foreign
government bonds, money market securities and certain corporate obligations that are highly liquid and actively traded. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 2&#151;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices
that are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be
derived principally from or corroborated by observable market data. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 3&#151;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include
financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.
</TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The level of activity in a market contributes to the determination of whether an input is observable. An active market is one in which transactions
for an asset or liability occurs with sufficient frequency and volume to provide pricing information on an ongoing basis. In determining whether a market is active or inactive, the Company considers the following traits to be indicative of an active
market: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">transactions are frequent and observable; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">prices in the market are current; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">price quotes among dealers do not vary significantly over time; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">sufficient information relevant to valuation is publicly available. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The availability of observable inputs can vary from
product to product and period to period and is affected by a wide variety of factors, including, the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the transaction. To
the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair
value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value
hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">95 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 2: Significant Accounting Policies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Fair value is a market-based measure considered from the perspective of a market participant rather than an
entity-specific measure. Therefore, even when market assumptions are not readily available, the Company&#146;s own assumptions are set to reflect those that it believes market participants would use in pricing the asset or liability at the
measurement date. The Company uses prices and inputs that are current as of the measurement date, including during periods of market dislocation. In periods of market dislocation, the observability of prices and inputs may be reduced for many
instruments. This condition could cause an instrument to be reclassified from Level 1 to Level 2 or from Level 2 to Level 3. The Company has also taken into account its own nonperformance risk and that of its counterparties when measuring fair
value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 7: Fair Value of Financial Instruments&#148; for additional fair value disclosures. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and Loss Adjustment Expenses </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes loss
reserves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A loss reserve is
subsequently remeasured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the loss reserves are recognized as loss expense in the
period of change. Measurement and recognition of loss reserves are reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on
information available as of the measurement date, including market information. Accretion of the discount on a loss reserve is included in loss expense. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows present valued at applicable risk-free rates as of the measurement date. Such amounts are reported within &#147;Insurance loss recoverable&#148; on
the Company&#146;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its loss reserves previous to a claim payment, such recoveries are reclassified to &#147;Insurance loss recoverable&#148; upon payment of
the related claim and remeasured each reporting period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s loss reserve, insurance loss recoverable, and accruals for loss adjustment expense
(&#147;LAE&#148;) incurred are disclosed in &#147;Note 6: Loss and Loss Adjustment Expense Reserves.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investment Agreements and Medium-Term Notes
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreements and MTNs are carried at the principal amount outstanding plus accrued interest and net of any unamortized premiums or discounts or at
fair value for certain MTNs. Interest expense is accrued at the contractual interest rate. Premiums and discounts related to investment agreements and MTNs are amortized and reported as interest expense based on the effective yield method. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Long-term Debt </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Long-term debt is carried at the principal amount
outstanding plus accrued interest and net of any unamortized discounts. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial Guarantee Insurance Premiums </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Unearned Premium Revenue and Receivable for Future Premiums </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company
recognizes a liability for unearned premium revenue at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contract is measured at the
present value of the premium due. For most financial guarantee insurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">96 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 2: Significant Accounting Policies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For certain other financial guarantee contracts, the Company receives premiums in installments over the term of the
contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at the present value of premiums expected to be collected over the contract period or expected period
using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums for contracts where (a)&nbsp;the insured obligation is contractually prepayable,
(b)&nbsp;prepayments are probable, (c)&nbsp;the amount and timing of prepayments are reasonably estimable, and (d)&nbsp;a homogenous pool of assets is the underlying collateral for the insured obligation. The Company has determined that
substantially all of its installment contracts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Company reports the accretion of the
discount on installment premiums receivable as premium revenue and discloses the amount recognized in &#147;Note 5: Insurance Premiums.&#148; The Company assesses the receivable for future premiums for collectability each reporting period, adjusts
the receivable for uncollectible amounts and recognizes any write-off as operating expense, and discloses the amount recognized in &#147;Note 5: Insurance Premiums.&#148; As premium revenue is recognized, the unearned premium revenue liability is
reduced. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Premium Revenue Recognition </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes and
measures premium revenue over the period of the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstanding in a given period to recognize
a proportionate share of the premium received or expected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of (a)&nbsp;the present value
of premium received or expected to be received over the period of the contract to (b)&nbsp;the sum of all insured principal amounts outstanding during each period over the term of the contract. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">An issuer of an insured financial obligation may retire the obligation prior to its scheduled maturity through refinancing or legal defeasance in satisfaction of the
obligation according to its indenture, which results in the Company&#146;s obligation being extinguished under the financial guarantee contract. The Company recognizes any remaining unearned premium revenue on the insured obligation as refunding
premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Non-refundable commitment fees are
considered insurance premiums and are initially recorded under unearned premium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium
written and earned using the constant rate method. If the commitment agreement expires before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fee and Reimbursement Revenue Recognition </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company collects
insurance related fees for services performed in connection with certain transactions. In addition, the Company may be entitled to reimbursement of third-party insurance expenses that it incurs in connection with certain transactions. Depending upon
the type of fee received and whether it is related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and consent, termination, administrative and
management fees are earned when the related services are completed and the fee is received. Fees related to investment management services are recognized in earnings over the period that the related services are provided. Asset management fees are
typically based on the net asset values of assets under management. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Stock-Based Compensation </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provided. Refer to &#147;Note 16: Long-term
Incentive Plans&#148; for a further discussion regarding the methodology utilized in recognizing employee stock compensation expense. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">97 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 2: Significant Accounting Policies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Foreign Currency Translation </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial statement assets and liabilities denominated in foreign currencies are translated into U.S. dollars generally using rates of exchange prevailing as of the
balance sheet date. Operating results are translated at average rates of exchange prevailing during the year. Unrealized gains or losses, net of deferred taxes, resulting from translation of the financial statements of a non-U.S. operation, when the
functional currency is other than the U.S. dollar, are included in &#147;Accumulated other comprehensive income (loss)&#148; in shareholders&#146; equity. Foreign currency remeasurement gains and losses resulting from transactions in non-functional
currencies are recorded in earnings. Exchange gains and losses resulting from foreign currency transactions are recorded in earnings. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Income Taxes
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Deferred income taxes are recorded with respect to loss carryforwards and temporary differences between the tax bases of assets and liabilities and the
reported amounts in the Company&#146;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Such temporary differences relate principally
to premium revenue recognition, deferred acquisition costs, unrealized gains or losses on investments and insured derivatives, asset impairments, cancellation of indebtedness income, and net operating losses. Valuation allowances are established to
reduce deferred tax assets to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant
authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc. and its eligible U.S. subsidiaries file a consolidated federal income tax return. The U.S. income taxes, which represent a majority of the
taxes paid by the Company, are allocated based on the provisions of the&nbsp;Company&#146;s tax sharing agreement which governs the intercompany settlement of tax obligations and benefits. The method of allocation between the members is generally
based upon separate-company calculations as if each member filed a separate tax return on its own. As of December&nbsp;31, 2014, any member with a net operating loss (&#147;NOL&#148;) has not received any payment with respect to stand-alone tax
losses contributed to the consolidated group. Each member with an NOL will receive benefits of its tax losses and credits as it is able to earn them out in the future. However, based on current facts and circumstances, MBIA Inc. has advised its
subsidiaries that, its intention is not to allow any member&#146;s NOL, capital loss or tax credit carryforward generated by any subsidiary to expire without compensation, to the extent such carryforward is used in consolidation. Such intention is
independent of the tax sharing agreement which does not require any such compensation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In establishing a liability for an unrecognized tax benefit
(&#147;UTB&#148;), assumptions may be made in determining whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to be realized. A tax
position is recognized only when, based on management&#146;s judgment regarding the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is based on
the Company&#146;s assessment of the largest amount of benefit that is more likely than not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled
through negotiation with the taxing authority or is only subject to review in the courts. As new information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized
differs from the amount previously recognized, the Company recognizes an adjustment of the UTB. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 11: Income Taxes&#148; for additional
information about the Company&#146;s income taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">98 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 3: Recent Accounting Pronouncements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Recently Adopted Accounting Standards </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Income Taxes (Topic
740)&#151;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (ASU 2013-11) </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In July of 2013, the Financial Accounting Standards Board (&#147;FASB&#148;) issued Accounting Standards Update (&#147;ASU&#148;) 2013-11, &#147;Income Taxes (Topic
740)&#151;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.&#148; ASU 2013-11 requires presentation of an UTB as a reduction to a deferred tax asset when a
NOL carryforward, a similar tax loss, or a tax credit carryforward exists in the same tax year and jurisdiction as the UTB. ASU 2013-11 does not affect the recognition or measurement of uncertain tax positions under &#147;Income Taxes (Topic
740)&#148; and does not affect any related tax disclosures. ASU 2013-11 was effective for interim and annual periods beginning January&nbsp;1, 2014. The Company previously presented any UTBs as a reduction to a deferred tax asset in accordance with
ASU 2013-11 as all of its UTBs relate to the same tax years and jurisdictions in which NOLs exist, therefore, this accounting pronouncement did not affect the Company&#146;s consolidated financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has not adopted any other new accounting pronouncements that had a material impact on its consolidated financial statements. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Recent Accounting Developments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Presentation of Financial
Statements (Topic 205) and Property, Plant, and Equipment (Topic 360)&#151;Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In April of 2014, the FASB issued ASU 2014-08, &#147;Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360)-Reporting
Discontinued Operations and Disclosures of Disposals of Components of an Entity.&#148; ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an entity qualifies for discontinued operations
presentation and requires new disclosures. ASU 2014-08 amends the definition of discontinued operation to a disposal of components of an entity that represent strategic shifts that have, or will have, a major effect on an entity&#146;s operations
and financial results. ASU 2014-08 is effective for interim and annual periods beginning January&nbsp;1, 2015, and with early adoption permitted but only for disposals or classifications as held for sale that have not been reported in previously
issued financial statements. The adoption of ASU 2014-08 is not expected to materially impact the Company&#146;s consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Revenue from
Contracts with Customers (Topic 606) (ASU 2014-09) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In May of 2014, the FASB issued ASU 2014-09, &#147;Revenue from Contracts with Customers (Topic 606).&#148;
ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU 2014-09 is effective for interim
and annual periods beginning January&nbsp;1, 2017, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impact of adopting ASU 2014-09. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Transfers and Servicing (Topic 860)&#151;Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures (ASU 2014-11) </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In June of 2014, the FASB issued ASU 2014-11, &#147;Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and
Disclosures.&#148; The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repurchase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing
transactions to secured borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactions accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual
periods beginning January&nbsp;1, 2015, and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company&#146;s consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">99 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 3: Recent Accounting Pronouncements (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Compensation-Stock Compensation (Topic 718)&#151;Accounting for Share-Based Payments When the Terms of an Award
Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues Task Force) (ASU 2014-12) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
June of 2014, the FASB issued ASU 2014-12, &#147;Compensation-Stock Compensation (Topic 718)-Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.&#148;
ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that could be achieved after an employee&#146;s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective for
interim and annual periods beginning January&nbsp;1, 2016 with early adoption permitted, and is applied on a prospective basis or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company&#146;s consolidated
financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Consolidation (Topic 810)&#151;Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing
Entity (ASU 2014-13) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In August of 2014, the FASB issued ASU 2014-13, &#147;Consolidation (Topic 810)-Measuring the Financial Assets and the Financial
Liabilities of a Consolidated Collateralized Financing Entity.&#148; ASU 2014-13 applies to a consolidated collateralized financing entity defined as a consolidated VIE that holds financial assets and issues beneficial interests in those financial
assets that are classified as financial liabilities. The Company may elect to measure the financial assets and the financial liabilities of a consolidated collateralized financing entity using a measurement alternative provided in ASU 2014-13. The
measurement alternative requires both the financial assets and the financial liabilities of the consolidated collateralized financing entity to be measured using the more observable of the fair value of the financial assets and the fair value of the
financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply the measurement alternative to existing consolidated collateralized financing entities. ASU 2014-13 is effective for interim and
annual periods beginning January&nbsp;1, 2016 with early adoption permitted. The adoption of ASU 2014-13 is not expected to materially impact the Company&#146;s consolidated financial statements. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Presentation of Financial Statements&#151;Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#146;s Ability to Continue as a Going Concern
(ASU 2014-15) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In August of 2014, the FASB issued ASU 2014-15, &#147;Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of
Uncertainties about an Entity&#146;s Ability to Continue as a Going Concern.&#148; ASU 2014-15 requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity&#146;s ability to continue as a going
concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the
annual period ending December&nbsp;31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. The adoption of ASU 2014-15 is not expected to materially impact the Company&#146;s consolidated financial statements.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Consolidation (Topic 810)&#151;Amendments to the Consolidation Analysis (ASU 2015-02) </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In February of 2015, the FASB issued ASU 2015-02, &#147;Consolidation (Topic 810)<I>&#151;</I>Amendments to the Consolidation Analysis.&#148; ASU 2015-02 amends the
accounting guidance for consolidation of legal entities including VIEs. ASU 2015-02 eliminates the specialized consolidation model and guidance for limited partnerships, amends the conditions for evaluating whether a fee paid to a decision maker or
a service provider represents a variable interest in a VIE, amends the related party guidance for the determination of the primary beneficiary of a VIE, and requires certain investment funds designed as VIEs, except money market funds, to apply the
amended consolidation guidance. ASU 2015-02 is effective for interim and annual periods beginning January&nbsp;1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the
impact of adopting ASU 2015-02. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">100 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 4: Variable Interest Entities </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Through MBIA&#146;s international and structured finance insurance segment, the Company provides credit protection to issuers of obligations that may involve
issuer-sponsored special purpose entities (&#147;SPE&#148;). An SPE may be considered a VIE to the extent the SPE&#146;s total equity at risk is not sufficient to permit the SPE to finance its activities without additional subordinated financial
support or its equity investors lack any one of the following characteristics: (i)&nbsp;the power to direct the activities of the SPE that most significantly impact the entity&#146;s economic performance or (ii)&nbsp;the obligation to absorb the
expected losses of the entity or the right to receive the expected residual returns of the entity. A holder of a variable interest or interests in a VIE is required to assess whether it has a controlling financial interest, and thus is required to
consolidate the entity as primary beneficiary. An assessment of a controlling financial interest identifies the primary beneficiary as the variable interest holder that has both of the following characteristics: (i)&nbsp;the power to direct the
activities of the VIE that most significantly impact the entity&#146;s economic performance and (ii)&nbsp;the obligation to absorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the
VIE. The primary beneficiary is required to consolidate the VIE. An ongoing reassessment of controlling financial interest is required to be performed based on any substantive changes in facts and circumstances involving the VIE and its variable
interests. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company evaluates issuer-sponsored SPEs initially to determine if an entity is a VIE, and is required to reconsider its initial determination if
certain events occur. For all entities determined to be VIEs, MBIA performs an ongoing reassessment to determine whether its guarantee to provide credit protection on obligations issued by VIEs provides the Company with a controlling financial
interest. Based on its ongoing reassessment of controlling financial interest, the Company determines whether a VIE is required to be consolidated or deconsolidated. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company makes its determination for consolidation based on a qualitative assessment of the purpose and design of a VIE, the terms and characteristics of variable
interests of an entity, and the risks a VIE is designed to create and pass through to holders of variable interests. The Company generally provides credit protection on obligations issued by VIEs, and holds certain contractual rights according to
the purpose and design of a VIE. The Company may have the ability to direct certain activities of a VIE depending on facts and circumstances, including the occurrence of certain contingent events, and these activities may be considered the
activities of a VIE that most significantly impact the entity&#146;s economic performance. The Company generally considers its guarantee of principal and interest payments of insured obligations, given nonperformance by a VIE, to be an obligation to
absorb losses of the entity that could potentially be significant to the VIE. At the time the Company determines it has the ability to direct the activities of a VIE that most significantly impact the economic performance of the entity based on
facts and circumstances, MBIA is deemed to have a controlling financial interest in the VIE and is required to consolidate the entity as primary beneficiary. The Company performs an ongoing reassessment of controlling financial interest that may
result in consolidation or deconsolidation of any VIE. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s advisory services segment provides asset management and advisory services to VIEs. During
2014, the Company consolidated three VIEs as the primary beneficiary, pursuant to this segment&#146;s activities. As of December&nbsp;31, 2014, the Company holds approximately $4 million of the subordinated notes issued by one of the VIEs. The
Company has no obligation or commitment to provide additional financial support or liquidity to these VIEs. Effective January&nbsp;1, 2015, the Company completed the sale of its Cutwater business and deconsolidated these VIEs. Refer to &#147;Note 1:
Business Developments and Risks and Uncertainties&#148; for additional information about the sale of Cutwater. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s conduit segment has managed and
administered a conduit that invested primarily in debt securities and was funded through the issuance of VIE notes. The Company consolidated the conduit as the primary beneficiary. In 2014, all outstanding VIE notes were repaid by the conduit, and
the conduit was subsequently dissolved. The Company no longer provides any related credit protection. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">101 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 4: Variable Interest Entities (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Nonconsolidated VIEs </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insurance </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the total assets of nonconsolidated
VIEs in which the Company holds a variable interest as of December&nbsp;31, 2014 and 2013, through its insurance operations. The following tables also present the Company&#146;s maximum exposure to loss for nonconsolidated VIEs and carrying values
of the assets and liabilities for its interests in these VIEs as of December&nbsp;31, 2014 and 2013. The Company has aggregated nonconsolidated VIEs based on the underlying credit exposure of the insured obligation. The nature of the Company&#146;s
variable interests in nonconsolidated VIEs is related to financial guarantees, insured CDS contracts and any investments in obligations issued by nonconsolidated VIEs. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="30" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying Value of Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying Value of Liabilities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>VIE<BR>Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maximum<BR>Exposure<BR>to Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>Loss<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unearned<BR>Premium<BR>Revenue<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and<BR>Loss<BR>Adjustment<BR>Expense<BR>Reserves<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Derivative<BR>Liabilities<SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insurance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Global structured finance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8,613</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,623</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14,136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">518</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">307</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">571</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">279</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,008</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,989</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Corporate asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,608</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35,940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19,958</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">524</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">389</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Global public finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">49,686</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,698</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">211</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">85,626</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">36,656</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">302</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">524</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">332</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">389</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Investments&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Premiums receivable&#148; on MBIA&#146;s consolidated
balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Reported within &#147;Insurance loss recoverable&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Reported within &#147;Unearned premium revenue&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Reported within &#147;Loss and loss adjustment expense reserves&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(6)&#151;Reported within &#147;Derivative liabilities&#148; on MBIA&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">102 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 4: Variable Interest Entities (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="30" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying Value of Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying Value of Liabilities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>VIE<BR>Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maximum<BR>Exposure<BR>to Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>Loss<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unearned<BR>Premium<BR>Revenue<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and<BR>Loss<BR>Adjustment<BR>Expense<BR>Reserves<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Derivative<BR>Liabilities<SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insurance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Global structured finance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12,565</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">7,693</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">120</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">43</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">108</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21,738</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">9,251</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">53</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">658</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">51</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">327</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,367</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">447</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">2,740</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Corporate asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13,028</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">7,248</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">96</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56,528</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">27,379</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">141</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">196</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">676</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">361</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Global public finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52,317</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-size:9pt">20,162</FONT></TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">206</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">248</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">108,845</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">47,541</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">141</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">402</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">676</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">452</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">366</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:9pt">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-size:9pt">113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-size:9pt">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Investments&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Premiums receivable&#148; on MBIA&#146;s consolidated
balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Reported within &#147;Insurance loss recoverable&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Reported within &#147;Unearned premium revenue&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Reported within &#147;Loss and loss adjustment expense reserves&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(6)&#151;Reported within &#147;Derivative liabilities&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The maximum exposure to loss as a result of MBIA&#146;s variable interests in VIEs is represented by insurance in force. Insurance in force is the maximum future
payments of principal and interest which may be required under commitments to make payments on insured obligations issued by nonconsolidated VIEs. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Consolidated VIEs </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying amounts of assets and liabilities of
consolidated VIEs were $5.0 billion and $4.8 billion, respectively, as of December&nbsp;31, 2014, and $5.6 billion and $5.3 billion, respectively, as of December&nbsp;31, 2013. The carrying amounts of assets and liabilities are presented separately
in &#147;Assets of consolidated variable interest entities&#148; and &#147;Liabilities of consolidated variable interest entities&#148; on the Company&#146;s consolidated balance sheets. The carrying amounts of assets and liabilities of consolidated
VIEs in the Company&#146;s advisory services segment were $751 million and $754 million, respectively, as of December&nbsp;31, 2014, and are presented separately in &#147;Assets held for sale&#148; and &#147;Liabilities held for sale&#148; on the
Company&#146;s consolidated balance sheets. Additional VIEs are consolidated or deconsolidated based on an ongoing reassessment of controlling financial interest, when events occur or circumstances arise, and whether the ability to exercise rights
that constitute power to direct activities of any VIEs are present according to the design and characteristics of these entities. Three additional VIEs were consolidated during the year ended December&nbsp;31, 2014 and no additional VIEs were
consolidated during the year ended December&nbsp;31, 2013. Net realized losses recorded for the year ended December&nbsp;31, 2014 were $3 million related to the consolidation of VIEs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Holders of insured obligations of issuer-sponsored VIEs related to the Company&#146;s international and structured finance insurance segment do not have recourse to the
general assets of MBIA. In the event of nonpayment of an insured obligation issued by a consolidated VIE, the Company is obligated to pay principal and interest, when due, on the respective insured obligation only. The Company&#146;s exposure to
consolidated VIEs is limited to the credit protection provided on insured obligations and any additional variable interests held by MBIA. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">103 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 5: Insurance Premiums </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes and measures premiums related to financial guarantee (non-derivative) insurance and reinsurance contracts in accordance with the accounting
principles for financial guarantee insurance contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, premiums receivable was $875 million and $1.1 billion, respectively,
primarily related to installment policies for which premiums will be collected over the estimated term of the contracts. Premiums receivable for an installment policy is initially measured at the present value of premiums expected to be collected
over the expected period or contract period of the policy using a risk-free discount rate. Premiums receivable for policies that use the expected period of risk due to expected prepayments are adjusted in subsequent measurement periods when
prepayment assumptions change using the risk-free discount rate as of the remeasurement date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company evaluates whether any premiums receivable are
uncollectible at each balance sheet date. If the Company determines that premiums are uncollectible, it records a write-off of such amounts in current earnings. The majority of the Company&#146;s premiums receivable consist of the present values of
future installment premiums that are not yet billed or due, primarily from structured finance transactions. Given that premiums due to MBIA typically have priority over most other payment obligations of structured finance transactions, the Company
determined that the amount of uncollectible premiums as of December&nbsp;31, 2014 and 2013 was insignificant. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the risk-free
rate used to discount future installment premiums was 2.8% and 2.9%, respectively, and the weighted average expected collection term of the premiums receivable was 9.18 years and 9.21 years, respectively. As of December&nbsp;31, 2014 and 2013,
reinsurance premiums payable was $56 million and $51 million, respectively, and is included in &#147;Other liabilities&#148; in the Company&#146;s consolidated balance sheets. The reinsurance premiums payable is accreted and paid to reinsurers as
premiums due to MBIA are accreted and collected. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present a roll forward of the Company&#146;s premiums receivable for the years ended
December&nbsp;31, 2014 and 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" NOWRAP STYLE="border-bottom:1.00pt solid #000000"><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Adjustments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premium<BR>Payments<BR>Received</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>from New<BR>Business<BR>Written</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Expected<BR>Term of<BR>Policies</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion<BR>of<BR>Premiums<BR>Receivable<BR>Discount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">1,051</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(120)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">875</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily
consists of unrealized gains (losses) due to foreign currency exchange rates. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" NOWRAP STYLE="border-bottom:1.00pt solid #000000"><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Adjustments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable&nbsp;as&nbsp;of<BR>December 31,<BR>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premium<BR>Payments<BR>&nbsp;&nbsp;&nbsp;&nbsp;Received&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>from New<BR>Business<BR>&nbsp;&nbsp;&nbsp;&nbsp;Written&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Expected<BR>Term of<BR>&nbsp;&nbsp;&nbsp;&nbsp;Policies&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion</B><br><B>of</B><br><B>Premiums<BR>Receivable<BR>&nbsp;&nbsp;&nbsp;&nbsp;Discount&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable as of<BR>December 31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">1,228</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(135)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(25)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,051</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily
consists of unrealized gains (losses) due to foreign currency exchange rates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">104 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 5: Insurance Premiums (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the undiscounted future amount of premiums expected to be collected and the period in
which those collections are expected to occur: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Expected<BR>Collection&nbsp;of<BR>Premiums</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Three months ended:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">March&nbsp;31, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">June&nbsp;30, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">September&nbsp;30, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Twelve months ended:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">December&nbsp;31, 2019</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="right">68</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Five years ended:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2024</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2029</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">204</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2034 and thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">213</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the unearned premium revenue balance and future expected premium earnings as of and for the periods
presented: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="85%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Expected Future<BR>Premium Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unearned<BR>Premium<BR>Revenue</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Upfront</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Installments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total&nbsp;Expected<BR>Future&nbsp;Premium<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2014</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Three months ended:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">March&nbsp;31, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,934</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">June&nbsp;30, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,883</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">September&nbsp;30, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,834</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,786</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Twelve months ended:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,603</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">204</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,436</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,286</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">168</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">155</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Five years ended:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2024</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">613</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">241</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">599</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2029</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">288</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">362</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2034 and thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">323</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,083</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,222</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">105 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 6: Loss and Loss Adjustment Expense Reserves </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and Loss Adjustment Expense Process </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s insured
portfolio management groups within its U.S. public finance insurance and international and structured finance insurance businesses (collectively, &#147;IPM&#148;) monitor MBIA&#146;s outstanding insured obligations with the objective of minimizing
losses. IPM meets this objective by identifying issuers that, because of deterioration in credit quality or changes in the economic, regulatory or political environment, are at a heightened risk of defaulting on debt service of obligations insured
by MBIA. In such cases, IPM works with the issuer, trustee, bond counsel, servicer, underwriter and other interested parties in an attempt to alleviate or remedy the problem and avoid defaults on debt service payments. Once an obligation is insured,
MBIA typically requires the issuer, servicer (if applicable) and the trustee to furnish periodic financial and asset-related information, including audited financial statements, to IPM for review. IPM also monitors publicly available information
related to insured obligations. Potential problems uncovered through this review, such as poor financial results, low fund balances, covenant or trigger violations and trustee or servicer problems, or other events that could have an adverse impact
on the insured obligation, could result in an immediate surveillance review and an evaluation of possible remedial actions. IPM also monitors and evaluates the impact on issuers of general economic conditions, current and proposed legislation and
regulations, as well as sovereign, state and municipal finances and budget developments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The frequency and extent of IPM&#146;s monitoring is based on the criteria
and categories described below. Insured obligations that are judged to merit more frequent and extensive monitoring or remediation activities due to a deterioration in the underlying credit quality of the insured obligation or the occurrence of
adverse events related to the underlying credit of the issuer are assigned to a surveillance category (&#147;Caution List&#151;Low,&#148; &#147;Caution List&#151;Medium,&#148; &#147;Caution List&#151;High&#148; or &#147;Classified List&#148;)
depending on the extent of credit deterioration or the nature of the adverse events. IPM monitors insured obligations assigned to a surveillance category more frequently and, if needed, develops a remediation plan to address any credit
deterioration. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Remediation actions may involve, among other things, waivers or renegotiations of financial covenants or triggers, waivers of contractual
provisions, the granting of consents, transfer of servicing, consideration of restructuring plans, acceleration, security or collateral enforcement, actions in bankruptcy or receivership, litigation and similar actions. The types of remedial actions
pursued are based on the insured obligation&#146;s risk type and the nature and scope of the event giving rise to the remediation. As part of any such remedial actions, MBIA seeks to improve its security position and to obtain concessions from the
issuer of the insured obligation. From time to time, the issuer of an MBIA-insured obligation may, with the consent of MBIA, restructure the insured obligation by extending the term, increasing or decreasing the par amount or decreasing the related
interest rate, with MBIA insuring the restructured obligation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company does not establish any case basis reserves for insured obligations that are assigned to
&#147;Caution List&#151;Low,&#148; &#147;Caution List&#151;Medium&#148; or &#147;Caution List&#151;High.&#148; In the event MBIA expects to pay a claim with respect to an insured transaction, it places the insured transaction on its &#147;Classified
List&#148; and establishes a case basis reserve. When there are no remaining expected future claim payments, the insured transaction is removed from the &#147;Classified List.&#148; The following provides a description of each surveillance category:
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Caution List&#151;Low&#148;</U>&#151;Includes issuers where debt service protection is adequate under current and anticipated
circumstances. However, debt service protection and other measures of credit support and stability may have declined since the transaction was underwritten and the issuer is less able to withstand further adverse events. Transactions in this
category generally require more frequent monitoring than transactions that do not appear within a surveillance category. IPM subjects issuers in this category to heightened scrutiny. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Caution List&#151;Medium&#148;</U>&#151;Includes issuers where debt service protection is adequate under current and anticipated circumstances,
although adverse trends have developed and are more pronounced than for &#147;Caution List &#150; Low.&#148; Issuers in this category may have breached one or more covenants or triggers. These issuers are more closely monitored by IPM but generally
take remedial action on their own. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">106 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Caution List&#151;High&#148;</U>&#151;Includes issuers where more proactive remedial action is
needed but where no defaults on debt service payments are expected. Issuers in this category exhibit more significant weaknesses, such as low debt service coverage, reduced or insufficient collateral protection or inadequate liquidity, which could
lead to debt service defaults in the future. Issuers in this category may have breached one or more covenants or triggers and have not taken conclusive remedial action. Therefore, IPM adopts a remediation plan and takes more proactive remedial
actions. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Classified List&#148;</U>&#151;Includes all insured obligations where MBIA has paid a claim or where a claim payment is expected.
It also includes insured obligations where a significant LAE payment has been made, or is expected to be made, to mitigate a claim payment. This may include property improvements, bond purchases and commutation payments. Generally, IPM is actively
remediating these credits where possible, including restructurings through legal proceedings, usually with the assistance of specialist counsel and advisors. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
establishing case basis loss reserves, the Company calculates the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a discount rate equal to the risk-free rate applicable to the currency and the
weighted average remaining life of the insurance contract as required by accounting principles for financial guarantee contracts. Yields on U.S. Treasury offerings are used to discount loss reserves denominated in U.S. dollars, which represent the
majority of the loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. If the Company were to apply different discount rates, its case basis reserves
may have been higher or lower than those established as of December&nbsp;31, 2014. For example, a higher discount rate applied to expected future payments would have decreased the amount of a case basis reserve established by the Company and a lower
rate would have increased the amount of a reserve established by the Company. Similarly, a higher discount rate applied to the potential future recoveries would have decreased the amount of a loss recoverable established by the Company and a lower
rate would have increased the amount of a loss recoverable established by the Company. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><U>U.S. Public Finance</U><U> Insurance</U> </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">U.S. public finance insured transactions consist of municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility
districts, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public
purpose. The Company estimates future losses by using probability-weighted scenarios that are customized to each insured transaction. Future loss estimates consider debt service due for each insured transaction, which includes par outstanding and
interest due. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the Company established loss and LAE reserves totaling $45 million and $87 million, respectively, and
insurance loss recoverable of $4 million and $13 million, respectively, related to U.S. public finance issues. For the year ended December&nbsp;31, 2014, losses and LAE incurred was a benefit of $10 million, primarily related to decreases in
reserves for certain general obligation bonds, partially offset by increases in reserves for Puerto Rico exposures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain local governments remain under
financial and budgetary stress and a few have filed for protection under the United States Bankruptcy Code, or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress.
This could lead to an increase in defaults by such entities on the payment of their obligations and losses or impairments on a greater number of the Company&#146;s insured transactions. The Company monitors and analyzes these situations closely,
however, the overall extent and duration of such events are uncertain and the filing for protection under the United States Bankruptcy Code or entering state statutory proceedings does not result in a default or indicate that an ultimate loss will
occur. As of December&nbsp;31, 2014 and 2013, the Company had $98.9 billion and $124.9 billion, respectively, of gross par outstanding on general obligations, of which $152 million and $161 million, respectively, were reflected on the Company&#146;s
&#147;Classified List.&#148; Capital appreciation bonds are reported at the par amount at the time of issuance of the insurance policy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">107 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><U>International and Structured Finance</U><U> Insurance</U> </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the majority of the international and structured finance insurance segment&#146;s case basis reserves and insurance loss recoveries
recorded in accordance with GAAP were related to insured second and first-lien RMBS transactions. These reserves and recoveries do not include estimates for policies insuring credit derivatives or losses and recoveries on financial guarantee VIEs
that are eliminated in consolidation. Policies insuring credit derivative contracts are accounted for as derivatives and carried at fair value under GAAP. The fair values of insured derivative contracts are influenced by a variety of market and
transaction-specific factors that may be unrelated to potential future claim payments under the Company&#146;s insurance policies. In the absence of credit impairments on insured derivative contracts or the early termination of such contracts at a
loss, the cumulative unrealized losses recorded from these contracts should reverse before or at the maturity of the contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Notwithstanding the difference in
accounting under GAAP for financial guarantee policies and the Company&#146;s insured derivatives, insured derivatives have similar terms, conditions, risks, and economic profiles to financial guarantee insurance policies, and therefore, are
evaluated by the Company for loss (referred to as credit impairment herein) and LAE periodically in a manner similar to the way that loss and LAE reserves are estimated for financial guarantee insurance policies. Credit impairments represent actual
payments and collections plus the present value of estimated expected future claim payments, net of recoveries. MBIA Corp.&#146;s, exclusive of MBIA UK, expected future claim payments for insured derivatives were discounted using a rate of 5.17%,
the same rate it used to calculate its statutory loss reserves as of December&nbsp;31, 2014. MBIA UK used a rate of 2.20% to discount its expected future claim payments and statutory loss reserves. These credit impairments, calculated in accordance
with statutory accounting principles (&#147;U.S. STAT&#148;) differ from the fair values recorded in the Company&#146;s consolidated financial statements. The Company considers its credit impairment estimates as critical information for investors as
it provides information about loss payments the Company expects to make on insured derivative contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a result, the following loss and LAE process discussion
includes information about loss and LAE activity recorded in accordance with GAAP for financial guarantee insurance policies and credit impairments estimated in accordance with U.S. STAT for insured derivative contracts. Refer to &#147;Note 7: Fair
Value of Financial Instruments&#148; included herein for additional information about the Company&#146;s insured credit derivative contracts. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>RMBS Case Basis
Reserves and Recoveries (Financial Guarantees) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s RMBS reserves and recoveries relate to financial guarantee insurance policies. The Company
calculated RMBS case basis reserves as of December&nbsp;31, 2014 for both second and first-lien RMBS transactions using a process called the &#147;Roll Rate Methodology.&#148; The Roll Rate Methodology is a multi-step process using a database of
loan level information, a proprietary internal cash flow model, and a commercially available model to estimate potential losses and recoveries on insured bonds. &#147;Roll Rate&#148; is defined as the probability that current loans become delinquent
and that loans in the delinquent pipeline are charged-off or liquidated. Generally, Roll Rates are calculated for the previous three months and averaged. The loss reserve estimates are based on a probability-weighted average of three scenarios of
loan losses (base case, stress case, and an additional stress case). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In calculating ultimate cumulative losses for RMBS, the Company estimates the amount of loans
that are expected to be charged-off (deemed uncollectible by servicers of the transactions) or liquidated in the future. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Second-lien RMBS Reserves </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s second-lien RMBS case basis reserves as of December&nbsp;31, 2014 relate to RMBS backed by home equity lines of credit (&#147;HELOC&#148;) and
closed-end second mortgages (&#147;CES&#148;). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">108 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Roll Rates for 30-59 day delinquent loans and 60-89 day delinquent loans are calculated on a transaction-specific
basis. The Company assumes that the Roll Rate for 90+ day delinquent loans, excluding foreclosures and Real Estate Owned (&#147;REO&#148;) is 95%. The Roll Rates are applied to the amounts in the respective delinquency buckets based on delinquencies
as of November&nbsp;30, 2014 to estimate future losses from loans that are delinquent as of the current reporting period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Roll Rates for loans that are current as
of November&nbsp;30, 2014 (&#147;Current Roll to Loss&#148;) are also calculated on a transaction-specific basis. A proportion of loans reported current as of November&nbsp;30, 2014 is assumed to become delinquent every month, at a Current Roll to
Loss rate that persists at current levels for a time and subsequently starts to decline. A key assumption in the model is the period of time in which the Company projects current levels of Current Roll to Loss to persist. The three different
scenarios, base, stress and additional stress, differ in the period of time for which the current levels of Current Roll to Loss rates persist. Loss reserves are calculated by using a weighted average of these three scenarios, with the majority of
the probability assigned to the stress and additional stress scenarios where the current levels of Current Roll to Loss rates persist for six or eighteen months before reverting to historic levels. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the base case scenario, the Company assumes that the Current Roll to Loss begins to decline immediately and continues to decline over the next six months to 25% of
their levels as of November&nbsp;30, 2014. For example, if the amount of current loans which become 30-59 days delinquent were 10%, and recent performance were to suggest that 30% of those loans will be charged-off, the Current Roll to Loss for the
transaction is 3%. In the base case, the Current Roll to Loss will then reduce linearly to 25% of its original value over the next six months (i.e., 3% will linearly reduce to 0.75% over the six months from December 2014 to May 2015). After that
six-month period in the base case scenario, the Company further reduces the loss to 0% by late 2015 with the expectation that the performing seasoned loans will eventually result in loan performance reverting to lower levels of default consistent
with history. In the stress and additional stress case scenarios, the Current Roll to Loss trends persist for six months and eighteen months, respectively, before reverting to historic trends. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition, the Company considers borrower draw rates, voluntary prepayment rates and pool mortgage insurance, that primarily affect the excess spread generated by
current loans, which offsets losses and results in reimbursements to the Company. The Company uses the twelve-month average voluntary prepayment rates and the six-month average loss severities to model its loss reserves. For HELOCs, the current
three-month average draw rate is generally used to project future draws on the line. Projected cash flows are also based on an assumed constant basis spread between floating rate assets and floating rate insured debt obligations (the difference
between Prime and London Interbank Offered Rate (&#147;LIBOR&#148;) interest rates, minus any applicable fees). For all transactions, cash flow models consider allocations and other structural aspects, including managed amortization periods, rapid
amortization periods and claims against MBIA Corp.&#146;s insurance policy consistent with such policy&#146;s terms and conditions. The estimated net claims from the procedure above are then discounted using a risk-free rate to a net present value
reflecting MBIA&#146;s general obligation to pay claims over time and not on an accelerated basis. The above assumptions represent MBIA&#146;s probability-weighted estimates of how transactions will perform over time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the Company established loss and LAE reserves totaling $70 million and $126 million, respectively, related to second-lien RMBS
issues after the elimination of $21 million and $43 million, respectively, as a result of consolidating VIEs. For the year ended December&nbsp;31, 2014, the Company incurred $70 million of losses and LAE recorded in earnings related to second-lien
RMBS issues after the elimination of a $20 million expense as a result of consolidating VIEs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company monitors portfolio performance on a monthly basis against
projected performance, reviewing delinquencies, Roll Rates, and prepayment rates (including voluntary and involuntary). However, loan performance remains difficult to predict and losses may exceed expectations. In the event of a material deviation
in actual performance from projected performance, the Company would increase or decrease the case basis reserves accordingly. If actual performance were to remain at the current levels for six additional months compared to the probability-weighted
outcome currently used by the Company, the addition to the case basis reserves would be approximately $45 million. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">109 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Second-lien RMBS Recoveries </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company primarily records two types of recoveries related to insured second-lien RMBS exposures: &#147;put-back&#148; claims related to those mortgage loans whose
inclusion in insured securitizations failed to comply with representations and warranties (&#147;ineligible loans&#148;) and excess spread that is generated from performing loans in the insured transactions. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Excess Spread </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the Company recorded
estimated recoveries of $523 million and $681 million, respectively, for the reimbursement of past and future expected claims through excess spread in insured second-lien RMBS transactions after the elimination of $137 million and $190 million,
respectively, as a result of consolidating VIEs. As of December&nbsp;31, 2014, $496 million and $27 million were included in &#147;Insurance loss recoverable&#148; and &#147;Loss and loss adjustment expense reserves&#148; on the Company&#146;s
consolidated balance sheets, respectively, after the elimination of $132 million and $5 million in &#147;Insurance loss recoverable&#148; and in &#147;Loss and loss adjustment expense reserves&#148;, respectively, as a result of consolidating VIEs.
As of December&nbsp;31, 2013, $647 million and $34 million were included in &#147;Insurance loss recoverable&#148; and &#147;Loss and loss adjustment expense reserves&#148; on the Company&#146;s consolidated balance sheets, respectively, after the
elimination of $183 million and $7 million, respectively, as a result of consolidating VIEs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Excess spread is generated by performing loans within insured
second-lien RMBS securitizations and is the difference between interest inflows on mortgage loan collateral and interest outflows on insured beneficial interests. The amount of excess spread depends on the future loss trends (which include future
delinquency trends, average time to charge-off delinquent loans, and the availability of pool mortgage insurance), the future spread between Prime and LIBOR interest rates; and borrower refinancing behavior which results in voluntary prepayments.
Minor deviations in loss trends and voluntary prepayments may substantially impact the amounts collected from excess spread. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Voluntary prepayment rates generally
increased for the year ended December&nbsp;31, 2014. The use of these average voluntary prepayment rates in the loss projections resulted in a reduction in estimated recoveries. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Ineligible Mortgage Loans </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To date, MBIA has settled the majority of the
Company&#146;s put-back claims. Only its claims against Credit Suisse remain outstanding. Settlement amounts have been consistent with the put-back recoveries previously included in the Company&#146;s financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The contract claim remaining with Credit Suisse is related to the inclusion of ineligible mortgage loans in the <FONT STYLE="white-space:nowrap">2007-2</FONT> Home
Equity Mortgage Trust (&#147;HEMT&#148;) securitization. Credit Suisse has challenged the Company&#146;s assessment of the ineligibility of individual mortgage loans and the dispute is the subject of litigation for which there is no assurance that
the Company will prevail. Refer to &#147;Note 21: Commitments and Contingencies&#148; for additional information about the litigation against Credit Suisse. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
December&nbsp;31, 2014 and 2013, the Company recorded estimated recoveries of $379 million and $359 million, respectively, related to its Credit Suisse put-back claims, reflected in &#147;Loan repurchase commitments&#148; presented under the heading
&#147;Assets of consolidated variable interest entities&#148; on the Company&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company believes that it will prevail in
enforcing its contractual put-back rights against Credit Suisse. Based on the Company&#146;s assessment of the strength of these claims, its prior settlements with other sellers/servicers, and success of other monolines in litigation against other
sellers/servicers, the Company believes it is entitled to collect the full amount of its incurred losses, which totaled $417 million through December&nbsp;31, 2014. The Company is also entitled to collect interest on amounts paid; it believes that
in context of its put-back litigation, the appropriate rate should be the New York State statutory rate. However, the Company currently calculates its put-back recoveries using the contractual interest rate, which is lower than the New York State
statutory rate. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">110 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Notwithstanding the foregoing, uncertainty remains with respect to the ultimate outcome of the litigation with Credit
Suisse, which is contemplated in the scenario based-modeling the Company uses. The Credit Suisse recovery scenarios are based on the amount of incurred losses measured against certain probabilities of ultimate resolution of the dispute with Credit
Suisse. Most of the probability weight is assigned to partial recovery scenarios and are discounted using the current risk-free discount rates associated with the underlying transaction&#146;s cash flows. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company continues to consider all relevant facts and circumstances in developing its assumptions on expected cash inflows, probability of potential recoveries
(including the outcome of litigation) and recovery period. The estimated amount and likelihood of potential recoveries are expected to be revised and supplemented to the extent there are developments in the pending litigation and/or changes to the
financial condition of Credit Suisse. While the Company believes it will be successful in realizing its recoveries from its contract claims against Credit Suisse, the ultimate amounts recovered may be materially different from those recorded by the
Company given the inherent uncertainty of the manner of resolving the claims (e.g., litigation) and the assumptions used in the required estimation process for accounting purposes which are based, in part, on judgments and other information that are
not easily corroborated by historical data or other relevant benchmarks. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>First-lien RMBS Reserves </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s first-lien RMBS case basis reserves as of December&nbsp;31, 2014, which primarily relate to RMBS backed by alternative A-paper and subprime mortgage
loans, were determined using the Roll Rate Methodology. The Company assumes that the Roll Rate for loans in foreclosure, REO and bankruptcy are 90%, 90% and 75%, respectively. Roll Rates for current, 30-59 day delinquent loans, 60-89 day delinquent
loans and 90+ day delinquent loans are calculated on a transaction-specific basis. The Current Roll to Loss rates stay at the November&nbsp;30, 2014 level for one month before declining to 25% of this level over a 24-month period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company estimates future losses by using three different probability-weighted scenarios: base; stress; and additional stress. The three scenarios differ in the Roll
Rates to loss of 90+ day delinquent loans. In the base scenario, the Company uses deal-specific Roll Rates obtained from historic loan level Roll Rate data for 90+ day delinquent loans. In the stress scenario, the Company assumes a 90% Roll Rate for
all 90+ day delinquent loans. In the additional stress scenario, the Roll Rates for each deal are an average of the deal-specific Roll Rate used in the base scenario and the 90% rate. The Roll Rates are applied to the amounts in each deal&#146;s
respective 90+ delinquency bucket based on delinquencies as of November&nbsp;30, 2014 in order to estimate future losses from loans that are delinquent as of December&nbsp;31, 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In calculating ultimate cumulative losses for first-lien RMBS, the Company estimates the amount of loans that are expected to be liquidated through foreclosure or short
sale. The time to liquidation for a defaulted loan is specific to the loan&#146;s delinquency bucket, with the latest three-month average loss severities generally used to start the projection for trends in loss severities at loan liquidation. The
loss severities are reduced over time to account for reduction in the amount of foreclosure inventory, anticipated future increases in home prices, principal amortization of the loan and government foreclosure moratoriums. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the Company established loss and LAE reserves totaling $263 million related to first-lien RMBS issues. As of December&nbsp;31, 2013, the
Company established loss and LAE reserves totaling $241 million related to first-lien RMBS issues after the elimination of $2 million as a result of consolidating VIEs. For the year ended December&nbsp;31, 2014, the Company incurred $65 million of
losses and LAE recorded in earnings related to first-lien RMBS issues after the elimination of a $2 million expense as a result of consolidating VIEs. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Multi-sector CDOs, CRE, and High Yield Corporate CDOs </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s insured
multi-sector CDOs are transactions that include a variety of collateral ranging from corporate bonds to structured finance assets (which includes but are not limited to RMBS related collateral, ABS CDOs, corporate CDOs and collateralized loan
obligations). These transactions were insured as either financial guarantee insurance policies or credit derivatives with the majority currently insured in the form of financial guarantees. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">111 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s insured CRE transactions comprise structured CMBS pools, CRE CDOs and CRE loan pools. The majority of this
portfolio is accounted for as insured credit derivatives and carried at fair value in the Company&#146;s consolidated financial statements. Refer to &#147;Note 9: Derivative Instruments&#148; for a further discussion of the Company&#146;s use of
derivatives and their impact on the Company&#146;s consolidated financial statements. Since the Company&#146;s insured credit derivatives have similar terms, conditions, risks, and economic profiles to its financial guarantee insurance policies, the
Company evaluates them for impairment in the same way that it estimates loss and LAE for its financial guarantee policies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s high yield corporate CDO
portfolio comprises middle-market/special-opportunity corporate loan transactions. These transactions were insured as financial guarantee insurance policies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
following discussion provides information about the Company&#146;s process for estimating reserves and credit impairments on these policies, determined as the present value of the probability-weighted potential future losses, net of estimated
recoveries, across multiple scenarios. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company considers several factors when developing the range of potential outcomes and their impact on MBIA. The
following approaches require substantial judgments about the future performance of each transaction: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top">Each transaction is evaluated for its commutation potential, which is customized by counterparty and considers historical commutation prices, the level of dialogue with the counterparty and the credit quality and
payment profile of the underlying exposure. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top">A range of loss scenarios is considered under different default and severity rates for each transaction&#146;s collateral. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The loss severities projected by these approaches vary widely. Actual losses will be a function of the proportion of collateral in the pools that default and the loss
severities associated with those defaults. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the Company established loss and LAE reserves totaling $111 million and $127
million, respectively, related to the total CDO financial guarantee insurance portfolio after the elimination of $225 million and $226 million, respectively, as a result of consolidating VIEs. For the year ended December&nbsp;31, 2014, the Company
incurred $33 million of losses and LAE recorded in earnings related to the total CDO financial guarantee insurance portfolio after the elimination of a $1 million benefit as a result of consolidating VIEs. In the event of further deteriorating
performance of the collateral referenced or held in total CDO portfolio, the amount of losses estimated by the Company could increase substantially. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and
LAE Activity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Financial Guarantee Insurance Losses (Non-Derivative and Non-Consolidated VIEs) </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s financial guarantee insurance losses and LAE, net of reinsurance for the years ended December&nbsp;31, 2014, 2013 and 2012 are presented in the
following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="71%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Second-lien RMBS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(151)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">First-lien RMBS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(70)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and LAE expense (benefit)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes ABS CDOs, CMBS, U.S. public finance and other issues. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">112 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2014, the increase in losses and LAE expense, in the preceding table, compared with 2013 primarily related to
increases in losses and LAE related to expected payments on insured first-lien RMBS and high yield corporate CDOs and decreases in recoveries of expected payments as a result of lower projected collections from excess spread within insured
second-lien RMBS securitizations. Partially offsetting this increase in Loss and LAE were benefits related to a decrease in reserves on an international road transaction, decreases in losses and LAE related to expected payments on ABS CDOs and
increases in recoveries of expected payments within insured first-lien RMBS securitizations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2013, the increase in losses and LAE expense, in the preceding
table, compared with 2012, primarily related to increases in losses on other issues related to an international road transaction and U.S. public finance transactions and a decrease in recoveries on insured second-lien RMBS transactions, partially
offset by a benefit in first-lien RMBS transactions related to previously established reserves and decreases in CMBS and ABS CDO transactions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Costs associated
with remediating insured obligations assigned to the Company&#146;s surveillance categories are recorded as LAE and included in &#147;Losses and loss adjustment&#148; expenses on the Company&#146;s consolidated statements of operations. For the
years ended December&nbsp;31, 2014, 2013 and 2012, gross LAE related to remediating insured obligations were $36 million, $57 million and $137 million, respectively. Decreases in LAE are due to lower litigation expenses as a result of settlements.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about the financial guarantees and related claim liability included in each of MBIA&#146;s surveillance categories as of
December&nbsp;31, 2014: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Surveillance Categories</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:46.10pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution<BR>List<BR>Low</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution<BR>List<BR>Medium</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution<BR>List<BR>High</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Classified<BR>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of policies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">315</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Remaining weighted average contract period (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insured contractual payments outstanding:<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,372</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8,001</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,263</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">696</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">819</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,037</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,620</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,453</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,191</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,038</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15,883</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Claim Liability</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">850</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">850</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Potential Recoveries</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">860</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">860</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Discount, net<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net claim liability (recoverable)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">167</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">113 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about the financial guarantees and related claim liability included in each of
MBIA&#146;s surveillance categories as of December&nbsp;31, 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="65%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Surveillance Categories</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:46.10pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution<BR>List<BR>Low</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution<BR>List<BR>Medium</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution<BR>List<BR>High</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Classified<BR>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of policies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">192</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Remaining weighted average contract period (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insured contractual payments outstanding:<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,290</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,073</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,861</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14,264</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">253</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,526</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,326</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12,387</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22,896</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Claim Liability</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,235</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,235</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Potential Recoveries</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,085</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,085</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Discount, net<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">205</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">205</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net claim liability (recoverable)</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The gross claim liability in the preceding tables represents the Company&#146;s estimate of undiscounted probability-weighted future claim payments. As of
December&nbsp;31, 2014, the gross claim liability primarily related to insured first and second-lien RMBS issues, high yield corporate CDOs and an international road transaction. As of December&nbsp;31, 2013, the gross claim liability primarily
related to insured first and second-lien RMBS issues, ABS CDOs and an international road transaction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The gross potential recoveries represent the Company&#146;s
estimate of undiscounted probability-weighted recoveries of actual claim payments and recoveries of estimated future claim payments. As of December&nbsp;31, 2014 and 2013, the gross potential recoveries principally related to insured second-lien
RMBS and U.S. public finance issues. The Company&#146;s recoveries have been, and remain based on either salvage rights, the rights conferred to MBIA through the transactional documents (inclusive of the insurance agreement), or subrogation rights
embedded within financial guarantee insurance policies. Expected salvage and subrogation recoveries, as well as recoveries from other remediation efforts, reduce the Company&#146;s claim liability. Once a claim payment has been made, the claim
liability has been satisfied and MBIA&#146;s right to recovery is no longer considered an offset to future expected claim payments, it is recorded as a salvage asset. The amount of recoveries recorded by the Company is limited to paid claims plus
the present value of projected future claim payments. As claim payments are made, the recorded amount of potential recoveries may exceed the remaining amount of the claim liability for a given policy. The gross claim liability and gross potential
recoveries reflect the elimination of claim liabilities and potential recoveries related to VIEs consolidated by the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">114 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the components of the Company&#146;s loss and LAE reserves and insurance loss recoverable
as reported on the Company&#146;s consolidated balance sheets as of December&nbsp;31, 2014 and 2013 for insured obligations within MBIA&#146;s &#147;Classified List.&#148; The loss reserves (claim liability) and insurance claim loss recoverable
included in the following table represent the present value of the probability-weighted future claim payments and recoveries reported in the preceding tables. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of<BR>December&nbsp;31,</B><br><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of<BR>December&nbsp;31,</B><br><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss reserves (claim liability)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">464</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">580</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and LAE reserves</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">506</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance claim loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(533)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(694)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">LAE insurance loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(533)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(694)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on unpaid losses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on unpaid LAE reserves</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on paid and unpaid losses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, loss and LAE reserves include $653 million of reserves for expected future payments, partially offset by
expected recoveries of such future payments of $147 million. As of December&nbsp;31, 2013, loss and LAE reserves included $847 million of reserves for expected future payments, partially offset by expected recoveries of such future payments of $206
million. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the insurance loss recoverable primarily related to expected future recoveries on second-lien RMBS transactions
resulting from excess spread generated by performing loans in such transactions. The decrease in insurance loss recoverable was primarily due to decreases in projected collections from excess spread within insured second-lien RMBS securitizations.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the amounts of the Company&#146;s second-lien RMBS exposure, gross undiscounted claim liability and potential recoveries related to
non-consolidated VIEs and consolidated VIEs, included in the Company&#146;s &#147;Classified List,&#148; as of December&nbsp;31, 2014: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="72%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP><B>Second-lien RMBS Exposure</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Undiscounted</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In billions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Principal</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Interest</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Claim<BR>Liability</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Potential<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">115 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present changes in the Company&#146;s loss and LAE reserves for the years ended December&nbsp;31,
2014 and 2013. Changes in the loss reserves attributable to the accretion of the claim liability discount, changes in discount rates, changes in the timing and amounts of estimated payments and recoveries, changes in assumptions and changes in LAE
reserves are recorded in &#147;Losses and loss adjustment&#148; expenses in the Company&#146;s consolidated statements of operations. As of December&nbsp;31, 2014 and 2013, the weighted average risk-free rate used to discount the Company&#146;s loss
reserves (claim liability) was 1.72% and 2.37%, respectively. LAE reserves are generally expected to be settled within a one-year period and are not discounted. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Loss and LAE Reserves for the Year Ended December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>Gross Loss</B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>and LAE</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>Reserves&nbsp;as&nbsp;of</B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>December&nbsp;31,</B></P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>2013</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss<BR>Payments<BR>for Cases<BR>with<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion<BR>of Claim<BR>Liability<BR>Discount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Unearned<BR>Premium<BR>Revenue</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Loss<BR>and LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="right"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL" ALIGN="right">$641</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(157)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(35)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">506</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily changes in amount and timing of payments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
decrease in the Company&#146;s gross loss and LAE reserves reflected in the preceding table was primarily related to loss payments and changes in assumptions on ABS CDOs and an international road transaction. These were partially offset by increases
in reserves due to changes in discount rates, primarily on ABS CDOs and insured first and second-lien RMBS issues outstanding as of December&nbsp;31, 2013, and changes in assumptions related to high yield corporate CDOs. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Loss and LAE Reserves for the Year Ended December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>Gross
Loss<BR>and&nbsp;LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2012</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss<BR>Payments<BR>for Cases<BR>with<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion<BR>of Claim<BR>Liability<BR>Discount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes</B><br><B>in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Unearned<BR>Premium<BR>Revenue</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Loss<BR>and LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="right"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL" ALIGN="right">$853</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(337)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(92)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">141</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily changes in amount and timing of payments. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
decrease in the Company&#146;s gross loss and LAE reserves reflected in the preceding table was primarily related to loss payments on insured first and second-lien RMBS and U.S. public finance issues, partially offset by changes in assumptions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Current period changes in the Company&#146;s estimate of potential recoveries may be recorded as an insurance loss recoverable asset, netted against the gross loss and
LAE reserve liability, or both. The following tables present changes in the Company&#146;s insurance loss recoverable and changes in recoveries on unpaid losses reported within the Company&#146;s claim liability for the years ended December&nbsp;31,
2014 and 2013. Changes in insurance loss recoverable attributable to the accretion of the discount on the recoverable, changes in discount rates, changes in amount and timing of estimated collections, changes in assumptions and changes in LAE
recoveries are recorded in &#147;Losses and loss adjustment&#148; expenses in the Company&#146;s consolidated statements of operations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="31%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Insurance Loss Recoverable and Recoveries on Unpaid<BR>Losses</B><br><B>for the Year Ended December 31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of<BR>December&nbsp;31,</B><br><B>2014</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Collections<BR>for Cases<BR>with<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion&nbsp;of<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">694</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(77)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">533</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Recoveries on unpaid losses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">206</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(79)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">900</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(156)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">680</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1) Primarily changes in amount and timing of collections. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">116 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The decrease in the Company&#146;s insurance loss recoverable and recoveries on unpaid losses during 2014 was primarily
due to collections associated with issues outstanding as of December&nbsp;31, 2013, changes in assumptions due to lower LIBOR forward rates on second-lien RMBS issues and changes in assumptions on an international road transaction and U.S. public
finance issues. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Reserve&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2012</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Insurance Loss Recoverable and Recoveries on Unpaid<BR>Losses</B><br><B>for the Year Ended December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Reserve&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Collections<BR>for Cases<BR>with<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion&nbsp;of<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Discount</B><br><B>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE</B><br><B>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,648</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3,011)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(33)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">694</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Recoveries on unpaid losses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">332</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(91)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">206</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,980</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3,011)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(71)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(41)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">900</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1) Primarily changes in amount and timing of collections. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&#146;s insurance loss recoverable decreased during 2013 primarily due to recoveries associated with issues outstanding as of December&nbsp;31, 2012, which related to a settlement on the ineligible mortgage loans included in insured
second-lien residential mortgage securitization exposures that were subject to contractual obligations by sellers/servicers to repurchase or replace such mortgages. Recoveries on unpaid losses decreased primarily due to changes in assumptions as a
result of the reduction of excess spread related to first and second-lien RMBS transactions and changes in discount rates. </P>
 <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 7: Fair Value of Financial Instruments </B></P>
 <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Measurement </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Fair value is a market-based
measurement considered from the perspective of a market participant. Therefore, even when market assumptions are not readily available, the Company&#146;s own assumptions are set to reflect those which it believes market participants would use in
pricing an asset or liability at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when available. Market data is obtained from a variety
of third-party sources, including dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for similar instruments or modeling using
market data inputs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The use of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to
such estimates and assumptions may produce materially different fair values. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The accounting guidance for fair value measurement establishes a hierarchy for inputs
used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Company believes
that market participants would use in pricing an asset or liability based on available market data. Unobservable inputs are those that reflect the Company&#146;s beliefs about the assumptions market participants would use in pricing an asset or
liability based on available information. The fair value hierarchy is categorized into three levels based on the observability and reliability of inputs, as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 1&#151;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an
active market, with significant trading volumes. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 2&#151;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices
that are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be
derived principally from or corroborated by observable market data. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">117 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 3&#151;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include
financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires
significant management judgment or estimation. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The availability of observable inputs can vary from financial instrument to financial instrument and
period to period and is affected by a wide variety of factors, including, for example, the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the product. In certain cases,
the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the Company assigns the level in the fair value hierarchy for which the fair value measurement in its entirety falls, based on the least
observable input that is significant to the fair value measurement. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial Assets (excluding derivative assets) </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial assets, excluding derivative assets, held by the Company primarily consist of investments in debt securities. Substantially all of the Company&#146;s
investments are priced by independent third parties, including pricing services and brokers. Typically, the Company receives one pricing service value or broker quote for each instrument, which represents a non-binding indication of value. The
Company reviews the assumptions, inputs and methodologies used by pricing services and brokers to obtain reasonable assurance that the prices used in its valuations reflect fair value. When the Company believes a third-party quotation differs
significantly from its internally developed expectation of fair value, whether higher or lower, the Company reviews its data or assumptions with the provider. This review includes comparing significant assumptions such as prepayment speeds, default
ratios, forward yield curves, credit spreads and other significant quantitative inputs to internal assumptions, and working with the price provider to reconcile the differences. The price provider may subsequently provide an updated price. In the
event that the price provider does not update its price, and the Company still does not agree with the price provided, the Company will obtain a price from another third-party provider or use an internally developed price which it believes
represents the fair value of the investment. The fair values of investments for which internal prices were used were not significant to the aggregate fair value of the Company&#146;s investment portfolio as of December&nbsp;31, 2014 or 2013. All
challenges to third-party prices are reviewed by staff of the Company with relevant expertise to ensure reasonableness of assumptions. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial Liabilities
(excluding derivative liabilities) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial liabilities, excluding derivative liabilities, issued by the Company primarily consist of investment agreements,
MTNs and debt issued for general corporate purposes within its corporate segment, debt in VIEs and warrants. Investment agreements, MTNs, and corporate debt are typically recorded at face value adjusted for premiums or discounts. The majority of the
financial liabilities that the Company has elected to fair value or that require fair value reporting or disclosures are valued based on the estimated value of the underlying collateral, the Company&#146;s or a third-party&#146;s estimate of
discounted cash flow model estimates, or quoted market values for similar products. These valuations include adjustments for expected nonperformance risk of the Company. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Derivative Liabilities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s derivative liabilities are
primarily insured credit derivatives that reference structured pools of cash securities and CDSs. The Company generally insured the most senior liabilities of such transactions, and at the inception of transactions its exposure generally had more
subordination than needed to achieve triple-A ratings from credit rating agencies. The types of collateral underlying its insured derivatives consist of cash securities and CDSs referencing primarily corporate obligations, ABS, RMBS, CMBS, CRE
loans, and CDOs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">118 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s insured credit derivative contracts are non-traded structured credit derivative transactions. Since
insured derivatives are highly customized and there is generally no observable market for these derivatives, the Company estimates their fair values in a hypothetical market based on internal and third-party models simulating what a similar company
would charge to assume the Company&#146;s position in the transaction at the measurement date. This pricing would be based on the expected loss of the exposure. The Company reviews its valuation model results on a quarterly basis to assess the
appropriateness of the assumptions and results in light of current market activity and conditions. This review is performed by internal staff with relevant expertise. If live market spreads or securities prices are observable for similar
transactions, those spreads are an integral part of the analysis. New insured transactions that resemble existing (previously insured) transactions, if any, would be considered, as well as negotiated settlements of existing transactions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company may from time to time make changes in its valuation techniques if the change results in a measurement that it believes is equally or more representative of
fair value under current circumstances. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Internal Review Process </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All
significant financial assets and liabilities are reviewed by committees created by the Company to ensure compliance with the Company&#146;s policies and risk procedures in the development of fair values of financial assets and liabilities. These
valuation committees review, among other things, key assumptions used for internally developed prices, significant changes in sources and uses of inputs, including changes in model approaches, and any adjustments from third-party inputs or prices to
internally developed inputs or prices. The committees also review any significant impairment or improvements in fair values of the financial instruments from prior periods. From time to time, these committees will consult with the Company&#146;s
valuation experts to better understand key methods and assumptions used for the determination of fair value, including understanding significant changes in fair values. These committees are comprised of senior finance team members with the relevant
experience in the financial instruments their committee is responsible for. For each quarter, these committees document their agreement with the fair values developed by management of the Company as reported in the quarterly and annual financial
statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Valuation Techniques </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Valuation techniques for
financial instruments measured at fair value or disclosed at fair value are described below. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Fixed-Maturity Securities (including short-term investments) Held
as Available-For-Sale, Investments Carried at Fair Value, Investments Pledged as Collateral, Investments Held-to-Maturity, and Other Investments </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">These
investments include investments in U.S. Treasury and government agencies, state and municipal bonds, foreign governments, corporate obligations, MBS, ABS, money market securities, and perpetual debt and equity securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">These investments are generally valued based on recently executed transaction prices or quoted market prices. When quoted market prices are not available, fair value is
generally determined using quoted prices of similar investments or a valuation model based on observable and unobservable inputs. Inputs vary depending on the type of investment. Observable inputs include contractual cash flows, interest rate yield
curves, CDS spreads, prepayment and volatility scores, diversity scores, cross-currency basis index spreads, and credit spreads for structures similar to the financial instrument in terms of issuer, maturity and seniority. Unobservable inputs
include cash flow projections and the value of any credit enhancement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of the HTM investments is determined using discounted cash flow models. Key
inputs include unobservable cash flows projected over the expected term of the investment discounted using observable interest rate yield curves of similar securities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">119 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investments based on quoted market prices of identical investments in active markets are classified as Level 1 of the
fair value hierarchy. Level 1 investments generally consist of U.S. Treasury and government agency, foreign government and money market investments. Quoted market prices of investments in less active markets, as well as investments which are valued
based on other than quoted prices for which the inputs are observable, such as interest rate yield curves, are categorized in Level 2 of the fair value hierarchy. Investments that contain significant inputs that are not observable are categorized as
Level 3. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Cash and Cash Equivalents, Receivable for Investments Sold, Net Cash Collateral Pledged to Swap Counterparties, Payable for Investments Purchased,
Payable for Loans Purchased and Accrued Investment Income </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying amounts of cash and cash equivalents, receivable for investments sold, net cash
collateral pledged to swap counterparties, payable for investments purchased, payable for loans purchased, and accrued investment income approximate fair values due to the short-term nature and credit worthiness of these instruments. These items are
categorized in Level 1 or Level 2 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Loans Receivable at Fair Value </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loans receivable at fair value are comprised of loans held by consolidated VIEs consisting of corporate and residential mortgage loans. Fair values of commercial loans
are obtained from a pricing service and determined using actively quoted prices obtained from multiple market participants. Fair values of residential mortgage loans are determined using quoted prices for MBS issued by the respective VIE and
adjustments for the fair values of the financial guarantees provided by MBIA Corp. on the related MBS. Loans receivable at fair value are categorized in Level 2 or Level 3 of the fair value hierarchy based on the input that is significant to the
fair value measurement in its entirety. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Loan Repurchase Commitments </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loan repurchase commitments are obligations owed by the sellers/servicers of mortgage loans to either MBIA as reimbursement of paid claims or to the RMBS trusts as
defined in the transaction documents. Loan repurchase commitments are assets of the consolidated VIEs. This asset represents the rights of MBIA against the sellers/servicers for breaches of representations and warranties that the securitized
residential mortgage loans sold to the trust to comply with stated underwriting guidelines and for the sellers/servicers to cure, replace, or repurchase mortgage loans. Fair value measurements of loan repurchase commitments represent the amounts
owed by the sellers/servicers to MBIA as reimbursement of paid claims. Loan repurchase commitments are not securities and no quoted prices or comparable market transaction information are observable or available. Loan repurchase commitments at fair
value are categorized in Level 3 of the fair value hierarchy. Fair values of loan repurchase commitments are determined using discounted cash flow techniques based on inputs including: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">breach rates representing the rate at which the sellers/servicers failed to comply with stated representations and warranties; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">recovery rates representing the estimates of future cash flows for the asset, including estimates about possible variations in the amount of cash flows expected to be collected; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">expectations about possible variations in the timing of collections of the cash flows; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">time value of money, represented by the rate on risk-free monetary assets. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Investment Agreements </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair values of investment agreements are determined using discounted cash flow techniques based on contractual cash flows and observable interest rates currently
being offered for similar agreements with comparable maturity dates. Investment agreements contain collateralization and termination agreements that substantially mitigate the nonperformance risk of the Company. As the terms of the notes are
private, and the timing and amount of contractual cash flows are not observable, these investment agreements are categorized as Level 3 of the fair value hierarchy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">120 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Medium-Term Notes </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair
values of certain MTNs are based on quoted market prices provided by third-party sources, where available. When quoted market prices are not available, the Company applies a matrix pricing grid based on the quoted market prices received and the
MTNs&#146; stated maturity and interest rate to determine fair value. Nonperformance risk is included in the quoted market prices and the matrix pricing grid. The Company has elected to record these MTNs at fair value as they contain embedded
derivatives which cannot accurately be separated from the host debt instrument and fair valued separately, therefore, these MTNs are carried at fair value with changes in fair value reflected in earnings. The remaining MTNs, which are not carried at
fair value, do not contain embedded derivatives. As these MTNs are illiquid and the prices reflect significant unobservable inputs, they are categorized as Level 3 of the fair value hierarchy. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Long-term Debt </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Long-term debt consists of notes, debentures, surplus notes
and accrued interest on this debt. The fair value of long-term notes, debentures and surplus notes are estimated based on quoted prices for the identical or similar securities. The fair value of the accrued interest expense on the surplus notes due
in 2033 is determined based on the scheduled interest payments discounted by the market&#146;s perception of the credit risk related to the repayment of the surplus notes.&nbsp;The credit risk related to the repayment of the surplus notes is based
on recent trades of the surplus notes.&nbsp;The deferred interest payment will be due on the first business day on or after which the Company obtains approval to make such payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying amounts of accrued interest expense on all other long-term debt approximate fair value due to the short-term nature of these instruments. Long-term debt is
categorized as Level 2 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Variable Interest Entity Notes </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair values of VIE notes are determined based on recently executed transaction prices or quoted prices where observable. When position-specific quoted prices are not
observable, fair values are based on quoted prices of similar securities. Fair values based on quoted prices of similar securities may be adjusted for factors unique to the securities, including any credit enhancement. When observable quoted prices
are not available, fair value is determined based on discounted cash flow techniques of the underlying collateral using observable and unobservable inputs. Observable inputs include interest rate yield curves and bond spreads of similar securities.
Unobservable inputs include the value of any credit enhancement. VIE notes are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Variable Interest Entity Derivatives </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The VIEs have entered into derivative
transactions consisting of cross currency swaps and interest rate caps. Fair values of OTC derivatives are determined using valuation models based on observable and/or unobservable inputs. These observable and market-based inputs include interest
rates and volatilities. These derivatives are categorized in Level 2 or Level 3 of the fair value hierarchy based on the input that is significant to the fair value measurement in its entirety. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Derivatives </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The corporate segment has entered into derivative transactions
primarily consisting of interest rate swaps. Fair values of OTC derivatives are determined using valuation models based on observable inputs, nonperformance risk of the Company&#146;s own credit and nonperformance risk of the counterparties.
Observable and market-based inputs include interest rate yields, credit spreads and volatilities. These derivatives are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair
value measurement in its entirety. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">121 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has policies and procedures in place regarding counterparties, including review and approval of the
counterparty and the Company&#146;s exposure limit, collateral posting requirements, collateral monitoring and margin calls on collateral. The Company manages counterparty credit risk on an individual counterparty basis through master netting
agreements covering derivative transactions in the corporate segment as of December&nbsp;31, 2014. These agreements allow the Company to contractually net amounts due from a counterparty with those amounts due to such counterparty when certain
triggering events occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provisions that generally provide the ability to require assignment or termination in the event either the
Company or the counterparty is downgraded below a specified credit rating. The netting agreements minimize the potential for losses related to credit exposure and thus serve to mitigate the Company&#146;s nonperformance risk under these derivatives.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In certain cases, the Company also manages credit risk through collateral agreements that give the Company the right to hold or the obligation to provide
collateral when the current market value of derivative contracts exceeds an exposure threshold. Under these agreements, the Company may provide U.S. Treasury and other highly rated securities or cash to secure the derivative. The delivery of
high-quality collateral can minimize credit exposure and mitigate the potential for nonperformance risk impacting the fair values of the derivatives. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Derivatives&#151;Insurance </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The derivative contracts insured by the Company
cannot be legally traded and generally do not have observable market prices. The Company determines the fair values of insured credit derivatives using valuation models. The valuation models are consistently applied from period to period, with
refinements to the fair value estimation approach being applied as and when the information becomes available. Negotiated settlements are also considered when determining fair value to validate the fair value estimates determined by the valuation
models and to determine the best available estimate of fair value from the perspective of a market participant. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Approximately 93% of the balance sheet fair value
of insured credit derivatives as of December&nbsp;31, 2014 was valued based on the Binomial Expansion Technique (&#147;BET&#148;) Model. Approximately 7% of the balance sheet fair value of insured credit derivatives as of December&nbsp;31, 2014 was
valued based on the internally developed Direct Price Model and the Dual Default model. The valuation of insured derivatives includes the impact of its credit standing. All of these derivatives are categorized as Level 3 of the fair value hierarchy
as their fair value is derived using significant unobservable inputs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has also entered into a derivative contract as a result of a commutation. The
fair value of the derivative is determined using a discounted cash flow model. Key inputs include unobservable cash flows projected over the expected term of the derivative, discounted using observable discount rates and CDS spreads. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Description of the BET Model </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Valuation Model Overview </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company uses the BET Model to estimate what a bond insurer would charge to guarantee a transaction at the measurement date, based on the market-implied default risk
of the underlying collateral and the remaining structural protection in a deductible or subordination. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Inputs to the process of determining fair value for
structured transactions using the BET Model include estimates of collateral loss, allocation of loss to separate tranches of the capital structure, and calculation of the change in value. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">122 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Model Strengths and Weaknesses </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary strengths of the BET Model: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The model takes account of transaction structure and key drivers of fair value. Transaction structure includes par insured, weighted average life, level of deductible or subordination (if any), and composition of
collateral. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The model is a consistent approach to marking positions that minimizes the level of subjectivity. The Company has also developed a hierarchy for usage of various market-based spread inputs that reduces the level of
subjectivity, especially during periods of high illiquidity. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The model uses market-based inputs including credit spreads for underlying reference collateral, recovery rates specific to the type and credit rating of reference collateral, diversity score of the entire collateral
pool, and MBIA&#146;s CDS and derivative recovery rate level. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary weaknesses of the BET Model: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">As of December&nbsp;31, 2014, some of the model inputs were either unobservable or derived from illiquid markets which might adversely impact the model&#146;s reliability. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The BET Model requires an input for collateral spreads. However, some securities are quoted only in price terms. For securities that trade substantially below par, the calculation of spreads from price to spread can be
subjective. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Results may be affected by using average spreads and a single diversity factor, rather than using specific spreads for each piece of underlying collateral and collateral-specific correlations. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>BET Model Inputs </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">a. Credit spreads </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The average spread of collateral is a key input as the Company assumes credit spreads reflect the market&#146;s assessment of default probability. Collateral assets are
generally considered on an average basis rather than being modeled on an individual basis. Spreads are obtained from market data sources published by third parties (e.g., dealer spread tables for assets most closely resembling collateral within the
Company&#146;s transactions) as well as collateral-specific spreads on the underlying reference obligations provided by trustees or market sources. The Company also calculates spreads based on quoted prices and on internal assumptions about expected
life, when pricing information is available and spread information is not. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Over time, the data inputs change as new sources become available, existing sources are
discontinued or are no longer considered to be reliable or the most appropriate. It is the Company&#146;s preference to use more observable spread inputs defined above. However, the Company may on occasion move to less observable spread inputs due
to the discontinuation of data sources or due to the Company considering certain spread inputs no longer representative of market spreads. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">b. Diversity Scores </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Diversity scores are a means of estimating the diversification in a portfolio. The diversity score estimates the number of uncorrelated assets that are assumed to have
the same loss distribution as the actual portfolio of correlated assets. While diversity score is a required input into the BET model, due to current high levels of default within the collateral of the structures, diversity score does not have a
significant impact on valuation. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">123 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">c. Recovery Rate </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The recovery rate
represents the percentage of par expected to be recovered after an asset defaults, indicating the severity of a potential loss. MBIA generally uses rating agency recovery assumptions which may be adjusted to account for differences between the
collateral used by the rating agencies and the actual collateral in MBIA-insured transactions. The Company may also adjust rating agency assumptions based on the performance of the collateral manager and on empirical market data. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">d. Nonperformance Risk </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s valuation methodology for insured credit
derivative liabilities incorporates MBIA Corp.&#146;s own nonperformance risk. The Company calculates the fair value by discounting the market value loss estimated through the BET Model at discount rates which include MBIA Corp.&#146;s CDS spreads
as of December&nbsp;31, 2014. The CDS spreads assigned to each deal are based on the weighted average life of the deal. The Company limits the nonperformance impact so that the derivative liability could not be lower than MBIA Corp.&#146;s recovery
derivative price multiplied by the unadjusted derivative liability. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Overall Model Results </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the Company&#146;s net insured CDS derivative liability was $244 million and $1.2 billion, respectively, based on the results of
the aforementioned models. A significant driver of changes in fair value is MBIA Corp.&#146;s nonperformance risk. In aggregate, the nonperformance calculation resulted in a pre-tax net insured derivative liability that was $92 million and $394
million lower than the net liability that would have been estimated if MBIA Corp. excluded nonperformance risk in its valuation as of December&nbsp;31, 2014 and 2013, respectively. Nonperformance risk is a fair value concept and does not contradict
MBIA Corp.&#146;s internal view, based on fundamental credit analysis of MBIA Corp.&#146;s economic condition, that MBIA Corp. will be able to pay all claims when due. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Warrants </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Stock warrants issued by the Company are valued using the
Black-Scholes model and are recorded at fair value. Inputs into the warrant valuation include the Company&#146;s stock price, a volatility parameter, interest rates, and dividend data. As all significant inputs are market-based and observable,
warrants are categorized as Level 2 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Facility </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2013, the Company approved and initiated a plan to sell its Armonk, New York facility. As a result, the facility was classified as held for sale
as of December&nbsp;31, 2014 and 2013 and presented within &#147;Assets held for sale&#148; on the Company&#146;s consolidated balance sheets and measured at the lower of its carrying value or its fair value less cost to sell. The fair market value
was estimated based on an independent third-party appraisal. This item is categorized as Level 2 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial Guarantees </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Gross Financial Guarantees</U>&#151;The fair value of gross financial guarantees is determined using discounted cash flow techniques based on inputs that include
(i)&nbsp;assumptions of expected losses on financial guarantee policies where loss reserves have not been recognized, (ii)&nbsp;amount of losses expected on financial guarantee policies where loss reserves have been established, net of expected
recoveries, (iii)&nbsp;the cost of capital reserves required to support the financial guarantee liability, (iv)&nbsp;operating expenses, and (v)&nbsp;discount rates. The MBIA Corp. CDS spread and recovery rate are used as the discount rate for MBIA
Corp., while the CDS spread and recovery rate of a similar municipal bond insurance company are used as the discount rate for National, as National does not have a published CDS spread and recovery rate. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">124 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying value of the Company&#146;s gross financial guarantees consists of unearned premium revenue and loss and
LAE reserves, net of the insurance loss recoverable as reported on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Ceded Financial Guarantees</U>&#151;The fair value
of ceded financial guarantees is determined by applying the percentage ceded to reinsurers to the related fair value of the gross financial guarantees. The carrying value of ceded financial guarantees consists of prepaid reinsurance premiums and
reinsurance recoverable on paid and unpaid losses as reported within &#147;Other assets&#148; on the Company&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Significant
Unobservable Inputs </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables provide quantitative information regarding the significant unobservable inputs used by the Company for assets and
liabilities measured at fair value on a recurring basis as of December&nbsp;31, 2014 and 2013. These tables exclude inputs used to measure fair value that are not developed by the Company, such as broker prices and other third-party pricing service
valuations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value as<BR>of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Valuation Techniques</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Unobservable Input</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Range</B><br><B>(Weighted</B><br><B>Average)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">1,431</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices adjusted for financial guarantees provided to VIE obligations</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0%&#151;10%(2%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan&nbsp;repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">379</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Discounted cash flow</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Recovery rates<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Breach rates<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">735</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices of VIE assets adjusted for financial guarantees provided</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0%&#151;35%(16%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivative liabilities, net:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CMBS</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">224</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BET Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Recovery rates</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">25%&#151;90%(59%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nonperformance risk</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">12%&#151;29%(25%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average life (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">1.3&#151;3.2(2.3)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">CMBS spreads</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0%&#151;41%(19%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multi-sector CDO</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Direct Price Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Nonperformance risk</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">53%&#151;53%(53%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BET Model and Dual Default</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Recovery rates</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">42%&#151;45%(45%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nonperformance risk</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">41%&#151;51%(50%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average life (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0.2&#151;7.9(1.1)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Discounted cash flow</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash flows</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0&#151;$83($42)<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Recovery rates
and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Midpoint of cash flows are used for the
weighted average. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">125 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value as<BR>of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Valuation Techniques</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Unobservable Input</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Range</B><br><B>(Weighted</B><br><B>Average)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices adjusted for financial guarantees provided to VIE obligations</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0%&#151;17%(3%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">359</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Discounted cash flow</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Recovery rates<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Breach rates<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices of VIE assets adjusted for financial guarantees provided</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0%&#151;25%(12%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivative liabilities, net:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CMBS</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1,050</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BET Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Recovery rates</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">25%&#151;90%(60%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nonperformance risk</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">8%&#151;57%(25%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average life (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">1.1-28.0(3.3)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">CMBS spreads</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">1%&#151;29%(13%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multi-sector CDO</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Direct Price Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Nonperformance risk</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">57%-57%(57%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BET Model and Dual Default</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Recovery rates</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">42%-90%(45%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nonperformance risk</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">13%&#151;54%(25%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average life (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">0.2&#151;8.7(2.3)</TD>
<TD NOWRAP VALIGN="top">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Recovery rates
and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Sensitivity of Significant Unobservable
Inputs </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable input used in the fair value measurement of the Company&#146;s loans receivable at fair value of consolidated VIEs is
the impact of the financial guarantee. The fair value of loans receivable is calculated by subtracting the value of the financial guarantee from the market value of VIE liabilities. The value of a financial guarantee is estimated by the Company as
the present value of expected cash payments under the policy. As expected cash payments provided by the Company under the insurance policy increase, there is a lower expected cash flow on the underlying loans receivable of the VIE. This results in a
lower fair value of the loans receivable in relation to the obligations of the VIE. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable inputs used in the fair value measurement of the
Company&#146;s loan repurchase commitments of consolidated VIEs are the recovery rates and breach rates. Recovery rates reflect the estimates of future cash flows reduced for litigation delays and risks and/or potential financial distress of the
sellers/servicers. The estimated recoveries of the loan repurchase commitments may differ from the actual recoveries that may be received in the future. Breach rates represent the rate at which mortgages fail to comply with stated representations
and warranties of the sellers/servicers. Significant increases or decreases in the recovery rates and the breach rates would result in significantly higher or lower fair values of the loan repurchase commitments, respectively. Additionally, changes
in the legal environment and the ability of the counterparties to pay would impact the recovery rate assumptions, which could significantly impact the fair value measurement. Any significant challenges by the counterparties to the Company&#146;s
determination of breaches of representations and warranties could significantly adversely impact the fair value measurement. Recovery rates and breach rates are determined independently. Changes in one input will not necessarily have any impact on
the other input. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">126 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable input used in the fair value measurement of the Company&#146;s VIE notes of consolidated
VIEs is the impact of the financial guarantee. The fair value of VIE notes is calculated by adding the value of the financial guarantee to the market value of VIE assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The value of a financial guarantee is estimated by the Company as the present value of expected cash payments under the policy. As the value of the guarantee provided
by the Company to the obligations issued by the VIE increases, the credit support adds value to the liabilities of the VIE. This results in an increase in the fair value of the liabilities of the VIE. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable inputs used in the fair value measurement of MBIA Corp.&#146;s CMBS credit derivatives, which are valued using the BET Model, are CMBS
spreads, recovery rates, nonperformance risk and weighted average life. The CMBS spread is an indicator of credit risk of the collateral securities. The recovery rate represents the percentage of notional expected to be recovered after an asset
defaults, indicating the severity of a potential loss. The nonperformance risk is an assumption of MBIA Corp.&#146;s own ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Weighted
average life is based on the Company&#146;s estimate of when the principal of the underlying collateral of the CMBS structure will be repaid. A significant increase or decrease in CMBS spreads would result in an increase or decrease in the fair
value of the derivative liability, respectively. A significant increase in weighted average life can result in an increase or decrease in the fair value of the derivative liability, depending on the discount rate and the timing of significant
losses. Any significant increase or decrease in recovery rates, or MBIA Corp.&#146;s nonperformance risk would result in a decrease or increase in the fair value of the derivative liabilities, respectively. CMBS spreads, recovery rates,
nonperformance risk and weighted average lives are determined independently. Changes in one input will not necessarily have any impact on the other inputs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
significant unobservable input used in the fair value measurement of MBIA Corp.&#146;s multi-sector CDO credit derivatives, which are valued using the Direct Price Model, is nonperformance risk. The nonperformance risk is an assumption of MBIA
Corp.&#146;s own ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Any significant increase or decrease in MBIA Corp.&#146;s nonperformance risk would result in a decrease or increase in
the fair value of the derivative liabilities, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable inputs used in the fair value measurement of MBIA Corp.&#146;s other
credit derivatives, which are valued using the BET Model and Dual Default, are recovery rates, nonperformance risk and weighted average life. The recovery rate represents the percentage of notional expected to be recovered after an asset defaults,
indicating the severity of a potential loss. The nonperformance risk is an assumption of MBIA Corp.&#146;s own ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Weighted average life is
based on MBIA Corp.&#146;s estimate of when the principal of the underlying collateral will be repaid. A significant increase in weighted average life can result in an increase or decrease in the fair value of the derivative liability, depending on
the discount rate and the timing of significant losses. Any significant increase or decrease in recovery rates or MBIA Corp.&#146;s nonperformance risk would result in a decrease or increase in the fair value of the derivative liabilities,
respectively. Recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not necessarily have any impact on the other inputs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable input used in the fair value measurement of MBIA Corp.&#146;s other derivatives, which are valued using a discounted cash flow model, is
the estimates of future cash flows discounted using market rates and CDS spreads. Any significant increase or decrease in future cash flows would result in an increase or decrease in the fair value of the derivative liability, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">127 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Measurements </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the fair value of the Company&#146;s assets (including short-term investments) and liabilities measured and reported at fair value on a
recurring basis as of December&nbsp;31, 2014 and 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="48%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets (Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs<BR>(Level&nbsp;3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">573</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">691</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,724</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,732</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">221</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">290</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,048</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,058</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">156</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">241</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">794</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,353</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">198</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,345</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">428</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">428</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">729</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">729</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-insured derivative assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets held for sale:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">711</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">711</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">128 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs</B><br><B>(Level 3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">194</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">379</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">379</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,087</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,510</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,097</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10,613</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured derivatives:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">246</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-insured derivatives:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">167</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities held for sale:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payable for loans purchased</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">323</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">323</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Warrants</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">735</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,047</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,344</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,463</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Unobservable
inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">129 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value&nbsp;Measurements&nbsp;at&nbsp;Reporting&nbsp;Date&nbsp;Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs</B><br><B>(Level 3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">156</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">553</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,765</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,784</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,776</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,824</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">509</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">239</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,996</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">783</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">783</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-insured derivative assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(42)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">130 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs</B><br><B>(Level 3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">255</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">259</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">359</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">359</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,713</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,763</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(42)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10,786</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured derivatives:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-insured derivatives:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(165)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Warrants</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,356</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,645</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,301</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(165)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,781</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Unobservable
inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Level 3
assets at fair value as of December&nbsp;31, 2014 and 2013 represented approximately 20% and 22%, respectively, of total assets measured at fair value. Level 3 liabilities at fair value as of December&nbsp;31, 2014 and 2013 represented approximately
35% and 61%, respectively, of total liabilities measured at fair value. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">131 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the fair values and carrying values of the Company&#146;s assets and liabilities that are
disclosed at fair value but not reported at fair value on the Company&#146;s consolidated balance sheets as of December&nbsp;31, 2014 and 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other&nbsp;Observable<BR>Inputs</B><br><B>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs</B><br><B>(Level 3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value<BR>Balance as of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carry Value<BR>Balance as of<BR>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accrued investment income<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Receivable for investments sold<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets held for sale:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments held-to-maturity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,636</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,774</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,899</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">705</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">705</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">547</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,004</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,810</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payable for investments purchased<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,779</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,779</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,214</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,285</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial Guarantees:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,051</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,051</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,959</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ceded</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Other assets&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Other liabilities&#148; on MBIA&#146;s consolidated
balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">132 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets (Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other&nbsp;Observable<BR>Inputs</B><br><B>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs<BR>(Level&nbsp;3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value<BR>Balance as of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carry Value<BR>Balance as of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accrued investment income<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Receivable for investments sold<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash collateral pledged<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments held-to-maturity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,651</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,651</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,933</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">814</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">814</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">927</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">927</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,224</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,702</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payable for investments purchased<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,751</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,751</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,930</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,443</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,492</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,935</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,587</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial Guarantees:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,843</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,843</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,388</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ceded</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Other assets&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Other liabilities&#148; on MBIA&#146;s consolidated
balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">133 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present information about changes in Level 3 assets (including short-term investments) and
liabilities measured at fair value on a recurring basis for the years ended December&nbsp;31, 2014 and 2013: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:8.5pt; font-family:ARIAL" ALIGN="center"><B>Changes in Level 3 Assets and
Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December&nbsp;31, 2014 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,</B><br><B>Beginning</B><br><B>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized</B><br><B>Gains /</B><br><B>(Losses)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>Gains /</B><br><B>(Losses)</B><br><B>Included</B><br><B>in</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>Gains /</B><br><B>(Losses)</B><br><B>Included</B><br><B>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign</B><br><B>Exchange</B><br><B>Recognized</B><br><B>in OCI or</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers</B><br><B>into</B><br><B>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers</B><br><B>out of</B><br><B>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending</B><br><B>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in</B><br><B>Unrealized</B><br><B>Gains</B><br><B>(Losses) for</B><br><B>the Period</B><br><B>Included in</B><br><B>Earnings
for</B><br><B>Assets</B><br><B>still held</B><br><B>as of</B><br><B>December&nbsp;31,</B><br><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(48)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage- backed agency</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage- backed non-agency</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(41)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage- backed non-agency</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loans receivable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(220)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">359</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">379</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(316)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(110)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">240</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(140)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,097</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:6pt" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,</B><br><B>Beginning</B><br><B>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized</B><br><B>(Gains) /</B><br><B>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>(Gains) /</B><br><B>Losses</B><br><B>Included</B><br><B>in</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>(Gains) /</B><br><B>Losses</B><br><B>Included</B><br><B>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign</B><br><B>Exchange</B><br><B>Recognized</B><br><B>in OCI or</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers</B><br><B>into</B><br><B>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers</B><br><B>out of</B><br><B>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending</B><br><B>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in</B><br><B>Unrealized</B><br><B>(Gains)</B><br><B>Losses for</B><br><B>the Period</B><br><B>Included in</B><br><B>Earnings
for</B><br><B>Liabilities</B><br><B>still held</B><br><B>as of</B><br><B>December&nbsp;31,</B><br><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Credit derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">415</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(903)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(415)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">VIE notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(211)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">735</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Currency derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,301</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">445</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(848)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(626)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(43)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Transferred in
and out at the end of the period. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Primarily relates to the deconsolidation of VIEs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">134 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8.5pt; font-family:ARIAL" ALIGN="center"><B>Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year
Ended December 31, 2013 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,<BR>Beginning<BR>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized<BR>Gains /<BR>(Losses)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Gains /<BR>(Losses)<BR>Included<BR>in<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Gains /<BR>(Losses)<BR>Included<BR>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign<BR>Exchange<BR>Recognized<BR>in OCI or<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>into<BR>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>out of<BR>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending<BR>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in<BR>Unrealized<BR>Gains<BR>(Losses)<BR>for&nbsp;the<BR>Period<BR>Included<BR>in<BR>Earnings<BR>for Assets<BR>still
held<BR>as&nbsp;of<BR>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(30)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(109)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(85)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loans receivable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,881</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(275)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(174)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,086</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(899)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">359</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,532</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">342</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,272)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(374)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">218</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(196)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">350</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:6pt" ALIGN="center">


<TR>
<TD WIDTH="31%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,</B><br><B>Beginning</B><br><B>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized</B><br><B>(Gains) /</B><br><B>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>(Gains) /</B><br><B>Losses</B><br><B>Included</B><br><B>in</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>(Gains) /</B><br><B>Losses</B><br><B>Included</B><br><B>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign</B><br><B>Exchange</B><br><B>Recognized</B><br><B>in OCI or</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers</B><br><B>into</B><br><B>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers</B><br><B>out of</B><br><B>Level 3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending</B><br><B>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in</B><br><B>Unrealized</B><br><B>(Gains)</B><br><B>Losses for</B><br><B>the
Period</B><br><B>Included</B><br><B>in</B><br><B>Earnings<BR>for</B><br><B>Liabilities</B><br><B>still held</B><br><B>as of</B><br><B>December&nbsp;31,</B><br><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Credit derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,921</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,548</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,778)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,548)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Interest rate derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(18)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Currency derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">VIE notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,932</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(277)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,076)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">181</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Currency derivatives, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,039</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,548</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,577)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,825)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(1,076)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,301</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Transferred in
and out at the end of the period. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Primarily relates to the deconsolidation of VIEs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Transfers into and out of Level 3 were $240 million and $140 million, respectively, for the year ended December&nbsp;31, 2014. Transfers into and out of Level 2 were
$140 million and $240 million, respectively, for the year ended December&nbsp;31, 2014. Transfers into Level 3 were principally related to other ABS, state and municipal bonds, RMBS agency, CDOs, and corporate obligations, where inputs, which are
significant to their valuation, became unobservable during the period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">135 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">State and municipal bonds, other ABS and RMBS agency comprised the majority of the transferred instruments out of Level
3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market
corroborated inputs. There were no transfers into or out of Level 1. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Transfers into and out of Level 3 were $403 million and $198 million, respectively, for the
year ended December&nbsp;31, 2013. Transfers into and out of Level 2 were $198 million and $403 million, respectively, for the year ended December&nbsp;31, 2013. Transfers into Level 3 were principally related to VIE notes, other ABS, state and
municipal bonds, CDOs, CMBS and RMBS agency where inputs, which are significant to their valuation, became unobservable during the period. State and municipal bonds, CDOs and RMBS agency comprised the majority of the transferred instruments out of
Level 3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and
market corroborated inputs. There were no transfers into or out of Level 1. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All Level 1, 2 and 3 designations are made at the end of each accounting period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gains and losses (realized and unrealized) included in earnings relating to Level 3 assets and liabilities for the years ended December&nbsp;31, 2014 and 2013 are
reported on the Company&#146;s consolidated statements of operations as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total Gains (Losses)<BR>Included in Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change&nbsp;in&nbsp;Unrealized&nbsp;Gains&nbsp;(Losses)<BR>for the Period Included in Earnings<BR>for Assets and Liabilities still<BR>held&nbsp;as&nbsp;of
December 31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,778</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,869</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(87)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">927</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(445)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,548)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(407)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(37)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(68)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(376)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">260</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(271)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">444</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">353</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,031</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">650</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">136 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Option </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company elected to record at fair value certain financial instruments that have been consolidated in connection with the adoption of the accounting guidance for
consolidation of VIEs, among others. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the changes in fair value included in the Company&#146;s consolidated statements of operations
for the years ended December&nbsp;31, 2014, 2013 and 2012 for financial instruments for which the fair value option was elected: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="91%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity securities held at fair value-VIE<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(104)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(74)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage loans<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(182)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(107)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(107)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other loans<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">269</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">155</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; on MBIA&#146;s consolidated
statements of operations. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&#148; on
MBIA&#146;s consolidated statements of operations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table reflects the difference between the aggregate fair value and the aggregate remaining
contractual principal balance outstanding as of December&nbsp;31, 2014 and 2013 for loans and notes for which the fair value option was elected: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Contractual<BR>Outstanding<BR>Principal</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Difference</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Contractual<BR>Outstanding<BR>Principal</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Difference</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage loans</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,554</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,377</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,846</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,562</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage loans (90 days or more past due)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">231</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">181</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other loans</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">721</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">711</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total loans receivable at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,502</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">360</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,077</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">465</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,584</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,479</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,787</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,356</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">242</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">276</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Substantially all gains and losses included in earnings during the periods ended December&nbsp;31, 2014 and 2013 on loans receivable and
VIE notes reported in the preceding table are attributable to credit risk. This is primarily due to the high rate of defaults on loans and the collateral supporting the VIE notes, resulting in depressed pricing of the financial instruments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">137 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 8: Investments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investments, excluding those elected under the fair value option, include debt and equity securities classified as either AFS or HTM. Other AFS investments primarily
comprised money market funds. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the amortized cost, fair value, corresponding gross unrealized gains and losses and other-than-temporary
impairments (&#147;OTTI&#148;) for AFS and HTM investments in the Company&#146;s consolidated investment portfolio as of December&nbsp;31, 2014 and 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Gains</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other-Than-<BR>Temporary<BR>Impairments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">631</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">667</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,644</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,730</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">283</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">290</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,984</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(92)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,936</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(86)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">231</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">222</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,075</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">208</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(147)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(90)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">422</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">422</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,509</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(147)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,571</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(90)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents
unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">138 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Gains</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other-Than-<BR>Temporary<BR>Impairments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">528</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">535</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,831</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,780</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,682</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,668</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,167</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">205</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(57)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,897</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(229)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,764</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">781</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">781</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,824</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(229)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,692</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,651</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,651</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents
unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the distribution by contractual maturity of AFS and HTM fixed-maturity securities at amortized cost and fair value as of December&nbsp;31,
2014. Contractual maturity may differ from expected maturity as borrowers may have the right to call or prepay obligations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AFS Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HTM Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated VIEs</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due in one year or less</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">806</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">806</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due after one year through five years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,388</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due after five years through ten years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">889</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">914</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due after ten years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,491</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed and asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,533</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,513</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,075</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Deposited and Pledged Securities </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
fair value of securities on deposit with various regulatory authorities as of December&nbsp;31, 2014 and 2013 was $10 million for both periods. These deposits are required to comply with state insurance laws. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">139 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreement obligations require the Company to pledge securities as collateral. Securities pledged in
connection with investment agreements may not be repledged by the investment agreement counterparty. As of December&nbsp;31, 2014 and 2013, the fair value of securities pledged as collateral for these investment agreements approximated $532 million
and $735 million, respectively. The Company&#146;s collateral as of December&nbsp;31, 2014 consisted principally of RMBS and U.S. Treasury and government agency bonds, and was primarily held with major U.S. banks. Additionally, the Company pledged
cash and money market securities as collateral under investment agreements in the amount of $26 million and $22 million as of December&nbsp;31, 2014 and 2013, respectively. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Impaired Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the gross
unrealized losses related to AFS and HTM investments as of December&nbsp;31, 2014 and 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Less&nbsp;than&nbsp;12&nbsp;Months</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>12 Months or Longer</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">372</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">317</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">468</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">251</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(91)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">719</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(92)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">387</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">403</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">845</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(145)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,065</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(147)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">851</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(145)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,071</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(147)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">140 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="52%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Less than 12 Months</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>12 Months or Longer</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">269</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(65)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">788</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(30)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">870</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">713</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">857</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(57)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(57)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,973</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">479</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(101)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,452</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(229)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,978</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">479</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(101)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(229)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross unrealized losses on AFS securities decreased as of December&nbsp;31, 2014 compared with December&nbsp;31, 2013 primarily due to
market price appreciation caused by declining interest rates. Gross unrealized losses on HTM securities increased as of December&nbsp;31, 2014 compared with December&nbsp;31, 2013 primarily due to market price depreciation caused by the widening of
credit spreads. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">With the weighting applied on the fair value of each security relative to the total fair value, the weighted average contractual maturity of
securities in an unrealized loss position as of December&nbsp;31, 2014 and 2013 was 13 and 18 years, respectively. As of December&nbsp;31, 2014 and 2013, there were 143 and 77 securities, respectively, that were in an unrealized loss position for a
continuous twelve-month period or longer, of which the fair values of 23 and 50 securities, respectively, were below book value by more than 5%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following
table presents the distribution of securities in an unrealized loss position for a continuous twelve-month period or longer where fair value was below book value by more than 5% as of December&nbsp;31, 2014: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="30%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AFS Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HTM Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Percentage of Fair Value<BR>Below Book Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of<BR>Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Book&nbsp;Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of<BR>Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Book Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 5% to 15%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 15% to 25%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 25% to 50%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">575</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 50%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">266</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">575</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">141 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the fair value and gross unrealized loss by credit rating category of ABS, MBS and
corporate obligations included in the Company&#146;s consolidated AFS investment portfolio as of December&nbsp;31, 2014 for which fair value was less than amortized cost. The credit ratings are based on ratings from Moody&#146;s as of
December&nbsp;31, 2014 or an alternate ratings source, such as S&amp;P, when a security is not rated by Moody&#146;s. For investments that are insured by various third-party guarantee insurers, the credit rating reflects the higher of the
insurer&#146;s rating or the underlying bond&#146;s rating. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Aaa</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Aa</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>A</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Baa</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Below<BR>Investment&nbsp;Grade</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Not Rated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>Asset Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">ABS</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(33)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">MBS</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">442</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">249</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(86)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">719</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(92)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;719</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;213</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(90)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1,356</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">(136)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The total ABS, MBS and corporate obligations reported in the preceding table include those which are guaranteed by financial guarantors.
In addition, the following table presents information on ABS and MBS guaranteed by the Company and third-party financial guarantors. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="31%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insured Securities Rated<BR>Below Investment Grade<BR>without the Effect of<BR>Guarantee</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" ROWSPAN="2" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Asset Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ROWSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Average&nbsp;Credit&nbsp;Rating&nbsp;with<BR>the Effect of Guarantee</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ROWSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Average&nbsp;Credit&nbsp;Rating&nbsp;without&nbsp;the</B><br><B>Effect of Guarantee</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percentage</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">ABS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Baa</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Below&nbsp;Investment&nbsp;Grade</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Below&nbsp;Investment&nbsp;Grade</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Below Investment Grade</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to the table in the &#147;Determination of Credit Loss Guaranteed by the Company and Other Third-Party Guarantors&#148; section
within the OTTI section of this note for information on the insured securities included in the table above. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company concluded that it does not have the intent
to sell securities in an unrealized loss position and it is more likely than not, that it would not have to sell these securities before recovery of their cost basis. In making this conclusion, the Company examined the cash flow projections for its
investment portfolios, the potential sources and uses of cash in its businesses, and the cash resources available to its business other than sales of securities. It also considered the existence of any risk management or other plans as of
December&nbsp;31, 2014 that would require the sale of impaired securities. Impaired securities that the Company intends to sell before the expected recovery of such securities&#146; fair values have been written down to fair value. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Other-Than-Temporary Impairments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Evaluating AFS Securities for
OTTI </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has an ongoing review process for all securities in its investment portfolio, including a quarterly assessment of OTTI. This evaluation
includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (i)&nbsp;the magnitude and duration of declines in
fair value; (ii)&nbsp;the reasons for the declines in fair value, such as general credit spread movements in each asset-backed sector, transaction-specific changes in credit spreads, credit rating downgrades, modeled defaults, and principal and
interest payment priorities within each investment structure; and (iii)&nbsp;any guarantees associated with a security such as those provided by financial guarantee insurance companies, including MBIA Corp. and National. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In calculating credit-related losses, the Company utilizes cash flow modeling based on the type of security. The Company&#146;s cash flow analysis considers all sources
of cash, including credit enhancement, that support the payment of amounts owed by an issuer of a security. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">142 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">This includes the consideration of cash expected to be provided by financial guarantors, including MBIA Corp.,
resulting from an actual or potential insurance policy claim. In general, any change in the amount and/or timing of cash flows received or expected to be received, whether or not such cash flows are contractually defined, is reflected in the
Company&#146;s cash flow analysis for purposes of assessing an OTTI loss on an impaired security. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Each quarter, an internal committee, comprising staff that is
independent of the Company&#146;s evaluation process for determining OTTI of securities, reviews and approves the valuation of investments. Among other responsibilities, this committee ensures that the Company&#146;s process for identifying and
calculating OTTI, including the use of models and assumptions, is reasonable and complies with the Company&#146;s internal policy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Determination of Credit Loss
on ABS, MBS and Corporate Obligations </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">ABS investments are evaluated for OTTI using historical collateral performance, deal waterfall and structural protections,
credit ratings, and forward looking projections of collateral performance based on business and economic conditions specific to each collateral type and risk. The underlying collateral is evaluated to identify any specific performance concerns, and
stress scenarios are considered in forecasting ultimate returns of principal. Based on this evaluation, if a principal default is projected for a security, estimated future cash flows are discounted at the security&#146;s interest rate used to
recognize interest income on the security. For CDO investments, the Company utilizes the same tools as its RMBS investments discussed below, aggregating the bond level cash flows to the CDO investment level. If the present value of cash flows is
less than the Company&#146;s amortized cost for the security, the difference is recorded as an OTTI loss. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">RMBS investments are evaluated for OTTI using several
quantitative tools. Loan level data is obtained and analyzed in a model that produces prepayment, default, and severity vectors. The model utilizes macro inputs, including housing price assumptions and interest rates. The vector outputs are used as
inputs to a third-party cash flow model, which considers deal waterfall dynamics and structural features, to generate cash flows for an RMBS investment. The expected cash flows of the security are then discounted at the interest rate used to
recognize interest income of the security to arrive at a present value amount. If the present value of the cash flows is less than the Company&#146;s amortized cost for the investment, the difference is recorded as an OTTI loss. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Corporate obligation investments are evaluated for OTTI using credit analysis techniques. The Company&#146;s analysis includes a detailed review of a number of
quantitative and qualitative factors impacting the value of an individual security. These factors include the interest rate of the security (fixed or floating), the security&#146;s current market spread, any collateral supporting the security, the
security&#146;s position in the issuer&#146;s capital structure, and credit rating upgrades or downgrades. Additionally, these factors include an assessment of various issuer-related credit metrics including market capitalization, earnings, cash
flow, capitalization, interest coverage, leverage, liquidity, management and a third-party quantitative default probability model. The Company&#146;s analysis is augmented by comparing market prices for similar securities of other issuers in the
same sector, as well as any recent corporate or government actions that may impact the ultimate return of principal. If the Company determines that a principal default is projected, a recovery analysis is performed using the above data. If the
Company&#146;s estimated recovery value for the security is less than its amortized cost, the difference is recorded as an OTTI loss. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Determination of Credit
Loss Guaranteed by the Company and Other Third-Party Guarantors </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company does not record OTTI related to credit concerns about issuers of securities insured
by MBIA Corp. and National since investors in these securities, including MBIA, are guaranteed payment of principal and interest when due by MBIA. Securities insured by the Company, whether or not owned by the Company, are evaluated for impairment
as part of its insurance surveillance process and, therefore, losses on securities insured by the Company are recorded in accordance with its loss reserving policy. Refer to &#147;Note 2: Significant Accounting Policies&#148; included herein for
information about the Company&#146;s loss reserving policy and &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; for information about loss reserves. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">143 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In considering cash expected to be provided from other third-party financial guarantors, the Company assesses the
financial guarantor&#146;s ability to make claim payments under a variety of scenarios that test the guarantor&#146;s ultimate claims paying ability. The weighted average outcome of these scenarios, combined with the cash flows provided by the
insured security, are used to determine the recoverability of the Company&#146;s amortized cost. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about securities held by
the Company as of December&nbsp;31, 2014 that were in an unrealized loss position and insured by a financial guarantor, along with the amount of insurance loss reserves corresponding to the par amount owned by the Company: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="59%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance&nbsp;Loss<BR>Reserve<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(33)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total mortgage-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(37)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:7%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes investments insured by MBIA Corp. and National. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:8pt; font-family:ARIAL">(2)&#151;Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">144 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 8: Investments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Loss Rollforward </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
portion of certain OTTI losses on fixed-maturity securities that does not represent credit losses is recognized in AOCI. For these impairments, the net amount recognized in earnings represents the difference between the amortized cost of the
security and the net present value of its projected future discounted cash flows prior to impairment. Any remaining difference between the fair value and amortized cost is recognized in AOCI. The following table presents the amount of credit loss
impairments recognized in earnings on fixed-maturity securities held by MBIA as of the dates indicated, for which a portion of the OTTI losses was recognized in AOCI, and the corresponding changes in such amounts. For 2014, the Company recognized
additional credit loss impairments by discounting the projected cash flows to estimate the portion of loss in value attributable to the credit. This OTTI loss was primarily related to a corporate obligation security that incurred liquidity concerns,
downgrades in credit and other adverse financial conditions. The additional credit loss impairment in 2012 primarily related to CDOs that the Company considered the fair value to be the most relevant indicator of the recovery value. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Credit Losses Recognized in Earnings Related to OTTI</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Beginning balance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">341</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Additions for credit loss impairments recognized in the current period on securities not previously impaired</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Additions for credit loss impairments recognized in the current period on securities previously impaired</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reductions for credit loss impairments previously recognized on securities sold during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(174)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(41)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reductions for credit loss impairments previously recognized on securities impaired to fair value during the period<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(111)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reductions for increases in cash flows expected to be collected over the remaining life of the security</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ending balance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents
circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be required to sell the security before recovery of the security&#146;s amortized cost. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Sales of Available-for-Sale Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross realized gains and
losses are recorded within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; on the Company&#146;s consolidated statements of operations. The proceeds and the gross realized gains and losses from sales of
fixed-maturity securities held as AFS for years ended December&nbsp;31, 2014, 2013 and 2012 are as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Proceeds from sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,726</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,658</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross realized gains</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">196</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross realized losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(127)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">145 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 9: Derivative Instruments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Overview </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA has entered into derivative instruments through its
financial guarantee of CDS and for purposes of managing risks associated with existing assets and liabilities. In certain instances, the Company purchased or issued securities that contain embedded derivatives that were separated from the host
contract and accounted for as derivative instruments. In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#146;s embedded derivative instruments is determined by the
location of the related security. Derivative instruments are recorded at fair value on the Company&#146;s consolidated balance sheets with the changes in fair value recorded on the Company&#146;s consolidated statements of operations within
&#147;Unrealized gains (losses) on insured derivatives,&#148; for the insured derivatives, or &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; for the embedded derivatives. Refer to &#147;Note 7: Fair Value
of Financial Instruments&#148; for the method of determining the fair value of derivative instruments. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>U.S. Public Finance Insurance </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s derivative exposure within its U.S. public finance insurance operations primarily consists of insured interest rate and inflation-linked swaps related
to insured U.S. public finance debt issues. These derivatives do not qualify for the financial guarantee scope exception and are accounted for as derivative instruments. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>International and Structured Finance Insurance </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company entered into
derivative instruments that it viewed as an extension of its core financial guarantee business that do not qualify for the financial guarantee scope exception and, therefore, are accounted for as derivative instruments. These insured CDS contracts,
primarily referencing corporate, asset-backed, residential mortgage-backed, commercial mortgage-backed, CRE loans and CDO securities, are intended to be held for the entire term of the contract absent a negotiated settlement with the counterparty.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Changes in the fair value of derivatives, excluding insured derivatives, are recorded each period in current earnings within &#147;Net gains (losses) on financial
instruments at fair value and foreign exchange.&#148; Changes in the fair value of insured derivatives are recorded each period in current earnings within &#147;Net change in fair value of insured derivatives.&#148; The net change in the fair value
of the Company&#146;s insured derivatives has two primary components: (i)&nbsp;realized gains (losses) and other settlements on insured derivatives and (ii)&nbsp;unrealized gains (losses) on insured derivatives. &#147;Realized gains (losses) and
other settlements on insured derivatives&#148; include (i)&nbsp;premiums received and receivable on sold CDS contracts, (ii)&nbsp;premiums paid and payable to reinsurers in respect to CDS contracts, (iii)&nbsp;net amounts received or paid on
reinsurance commutations, (iv)&nbsp;losses paid and payable to CDS contract counterparties due to the occurrence of a credit event or settlement agreement, (v)&nbsp;losses recovered and recoverable on purchased CDS contracts due to the occurrence of
a credit event or settlement agreement and (vi)&nbsp;fees relating to CDS contracts. The &#147;Unrealized gains (losses) on insured derivatives&#148; include all other changes in fair value of the insured derivative contracts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has also entered into a derivative contract as a result of a commutation occurring in 2014. Changes in the fair value of the Company&#146;s non-insured
derivative are included in &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Variable Interest Entities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIEs consolidated by the Company have entered
into derivative instruments consisting of interest rate caps and cross currency swaps. Interest rate caps are entered into to mitigate the risks associated with fluctuations in interest rates or fair values of certain contracts. Cross currency swaps
are entered into to manage the variability in cash flows resulting from fluctuations in foreign currency rates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">146 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 9: Derivative Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Corporate </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has
entered into derivative instruments primarily consisting of interest rate swaps. Interest rate swaps are entered into to manage the risks associated with fluctuations in interest rates or fair values of certain contracts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Changes in the fair value of these derivatives are recorded on the Company&#146;s consolidated statements of operations within &#147;Net gains (losses) on financial
instruments at fair value and foreign exchange.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Credit Derivatives Sold </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present information about credit derivatives sold by the Company&#146;s insurance operations that were outstanding as of December&nbsp;31, 2014 and
2013. Credit ratings represent the lower of underlying ratings assigned to the collateral by Moody&#146;s, S&amp;P or MBIA. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:46.10pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="30" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Credit Derivatives Sold</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Remaining<BR>Expected<BR>Maturity</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AAA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>A</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>BBB</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Below<BR>Investment<BR>Grade</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total<BR>Notional</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value<BR>Asset<BR>(Liability)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.6&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,914</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">246</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">968</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">193</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,481</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.7&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,935</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">970</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,044</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total notional</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,914</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">363</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,182</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13,525</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(240)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(246)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:46.10pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="30" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Credit Derivatives Sold</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Remaining<BR>Expected<BR>Maturity</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AAA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>A</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>BBB</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Below<BR>Investment<BR>Grade</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total<BR>Notional</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value<BR>Asset<BR>(Liability)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.6&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,972</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,068</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,552</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,956</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23,954</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,132)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18.5&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,586</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">All others</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.0&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total notional</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,049</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,350</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,992</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">28,935</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,069)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,152)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Internal credit ratings assigned by MBIA on the underlying collateral are derived by the Company&#146;s surveillance group. In assigning
an internal rating, current status reports from issuers and trustees, as well as publicly available transaction-specific information, are reviewed. Also, where appropriate, cash flow analyses and collateral valuations are considered. The maximum
potential amount of future payments (undiscounted) on CDS contracts are estimated as the notional value plus any additional debt service costs, such as interest or other amounts owing on CDS contracts. The maximum amount of future payments that MBIA
may be required to make under these guarantees as of December&nbsp;31, 2014 is $9.7 billion. This amount is net of $13 million of insured derivatives ceded under reinsurance agreements in which MBIA economically hedges a portion of the credit and
market risk associated with its insured derivatives and offsetting agreements with a counterparty. The maximum potential amount of future payments (undiscounted) on insured swaps are estimated as the notional value of such contracts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA may hold recourse provisions with third parties in derivative instruments through both reinsurance and subrogation rights. MBIA&#146;s reinsurance arrangements
provide that in the event MBIA pays a claim under a guarantee of a derivative contract, MBIA has the right to collect amounts from any reinsurers that have reinsured the guarantee on either a proportional or non-proportional basis, depending upon
the underlying reinsurance agreement. MBIA may also have recourse through subrogation rights whereby if MBIA makes a claim payment, it may be entitled to any rights of the insured counterparty, including the right to any assets held as collateral.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">147 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 9: Derivative Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Counterparty Credit Risk </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages counterparty credit risk on an individual counterparty basis through master netting agreements covering derivative instruments in the corporate
segment. These agreements allow the Company to contractually net amounts due from a counterparty with those amounts due to such counterparty when certain triggering events occur. The Company only executes swaps under master netting agreements, which
typically contain mutual credit downgrade provisions that generally provide the ability to require assignment or termination in the event either MBIA or the counterparty is downgraded below a specified credit rating. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under these agreements, the Company may receive or provide U.S. Treasury and other highly rated securities or cash to secure counterparties&#146; exposure to the
Company or its exposure to counterparties, respectively. Such collateral is available to the holder to pay for replacing the counterparty in the event that the counterparty defaults. As of December&nbsp;31, 2014, the Company did not hold cash
collateral to derivative counterparties but posted cash collateral to derivative counterparties of $12 million. All of the $12 million is included within &#147;Other liabilities&#148; as cash collateral netted against accrued interest on derivative
liabilities. As of December&nbsp;31, 2013, the Company did not hold cash collateral to derivative counterparties but posted cash collateral to derivative counterparties of $160 million. Of this amount, $123 million is netted within &#147;Derivative
liabilities&#148;, $16 million is included within &#147;Other liabilities&#148; as cash collateral netted against accrued interest on derivative liabilities and an additional $21 million is included in &#147;Other assets&#148; on the Company&#146;s
consolidated balance sheets. As of December&nbsp;31, 2014, the Company had securities with a fair value of $198 million posted to derivative counterparties and this amount is included within &#147;Fixed-maturity securities held as
available-for-sale, at fair value&#148; on the Company&#146;s consolidated balance sheet. As of December&nbsp;31, 2013, the Company had securities with a fair value of $42 million posted to derivative counterparties and this amount is included
within &#147;Fixed-maturity securities held as available-for-sale, at fair value&#148; on the Company&#146;s consolidated balance sheet. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31,
2014 and 2013, the fair value on one Credit Support Annex (&#147;CSA&#148;) was $2 and $4 million, respectively. This CSA governs collateral posting requirements between MBIA and its derivative counterparties. The Company did not receive collateral
due to the Company&#146;s credit rating, which was below the CSA minimum credit ratings level for holding counterparty collateral. As of December&nbsp;31, 2014 and 2013, the counterparty was rated A2 by Moody&#146;s and A by S&amp;P. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial Statement Presentation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of amounts recognized
for eligible derivative contracts executed with the same counterparty under a master netting agreement, including any cash collateral that may have been received or posted by the Company, is presented on a net basis in accordance with accounting
guidance for the offsetting of fair value amounts related to derivative instruments. Insured CDSs and insured swaps are not subject to master netting agreements. VIE derivative assets and liabilities are not presented net of any master netting
agreements. Counterparty netting of derivative assets and liabilities offsets balances in &#147;Interest rate swaps&#148; as of December&nbsp;31, 2014 and 2013. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As
of December&nbsp;31, 2014, the total fair value of the Company&#146;s derivative assets, after counterparty netting of $81&nbsp;million, was $10 million, of which $2 million was reported within &#147;Other assets&#148; on the Company&#146;s
consolidated balance sheets. Embedded derivatives of $8 million were reported within &#147;Medium-term notes&#148; on the Company&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the total fair value of the Company&#146;s derivative liabilities, after counterparty netting of $81 million was $456 million, of which
$437 million was reported within &#147;Derivative liabilities&#148; and &#147;Derivative liabilities&#148; presented under &#147;Liabilities of consolidated variable interest entities&#148; on the Company&#146;s consolidated balance sheets. Embedded
derivatives of $19 million were reported within &#147;Medium-term notes&#148; on the Company&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">148 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 9: Derivative Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the total fair value of the Company&#146;s derivative assets and liabilities by instrument
and balance sheet location, before counterparty netting and posting of cash collateral, as of December&nbsp;31, 2014: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9.5pt" ALIGN="center">


<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="19%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="4" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Derivative Assets<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Derivative Liabilities<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivative Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional<BR>Amount<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Balance&nbsp;Sheet<BR>Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Balance Sheet Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Not designated as hedging instruments:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,481</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other&nbsp;assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative&nbsp;liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(244)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,044</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative&nbsp;liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,450</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative&nbsp;liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(248)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">437</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">Medium-term&nbsp;notes</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Medium-term&nbsp;notes</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Currency swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets-VIE</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Derivative&nbsp;liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">241</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets-VIE</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative <FONT STYLE="white-space:nowrap">liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other investments</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Other investments</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Total non-designated derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15,839</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(537)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;In accordance
with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#146;s embedded derivative instruments is determined by the location of the related host contract. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2013, the total fair value of the Company&#146;s derivative assets, after counterparty netting of $42&nbsp;million, was $13 million, of which $4
million was reported within &#147;Other assets&#148; on the Company&#146;s consolidated balance sheets. Embedded derivatives of $9 million were reported within &#147;Medium-term notes&#148; on the Company&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2013, the total fair value of the Company&#146;s derivative liabilities, after counterparty netting of $42 million and cash collateral posted by
the Company of $123 million, was $1.2 billion which was reported within &#147;Derivative liabilities&#148; and &#147;Derivative liabilities&#148; presented under &#147;Liabilities of consolidated variable interest entities&#148; on the
Company&#146;s consolidated balance sheets. Embedded derivatives of $19 million were reported within &#147;Medium-term notes&#148; and &#147;Other investments&#148; on the Company&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the total fair value of the Company&#146;s derivative assets and liabilities by instrument and balance sheet location, before counterparty
netting and posting of cash collateral, as of December&nbsp;31, 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9.5pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Derivative Assets<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Derivative Liabilities<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivative Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional<BR>Amount<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance&nbsp;Sheet&nbsp;Location</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance Sheet Location</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Not designated as hedging instruments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23,954</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other&nbsp;assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative&nbsp;liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,132)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,495</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(165)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">496</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">Medium-term&nbsp;notes</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Medium-term&nbsp;notes</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Currency swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other assets-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP><FONT STYLE="white-space:nowrap">Derivative&nbsp;liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other assets-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Derivative <FONT STYLE="white-space:nowrap">liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Other investments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Other investments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Total non-designated derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31,316</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,347)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;In accordance
with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#146;s embedded derivative instruments is determined by the location of the related host contract. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">149 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 9: Derivative Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the effect of derivative instruments on the consolidated statements of operations for the
year ended December&nbsp;31, 2014: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivatives Not Designated as Hedging<BR>Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Location of Gain (Loss) Recognized in Income
on<BR>Derivative</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Net&nbsp;Gain&nbsp;(Loss)<BR>Recognized&nbsp;in&nbsp;Income</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">888</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Realized gains (losses) and other settlements on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(413)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Realized gains (losses) and other settlements on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">398</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the effect of derivative instruments on the consolidated statements of operations for the year ended
December&nbsp;31, 2013: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivatives Not Designated as Hedging<BR>Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Location of Gain (Loss) Recognized in Income
on<BR>Derivative</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Net&nbsp;Gain&nbsp;(Loss)<BR>Recognized&nbsp;in&nbsp;Income</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,725</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Realized gains (losses) and other settlements on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,545)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">325</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">150 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 9: Derivative Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the effect of derivative instruments on the consolidated statements of operations for the
year ended December&nbsp;31, 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivatives Not Designated as Hedging<BR>Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Location of Gain (Loss) Recognized in Income
on<BR>Derivative</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Net&nbsp;Gain&nbsp;(Loss)<BR>Recognized&nbsp;in&nbsp;Income</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,847</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Realized gains (losses) and other settlements on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(406)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Non-insured credit default swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(75)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency swaps-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Unrealized gains (losses) on insured derivatives</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other-VIE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,445</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 10: Debt </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Long-Term Debt
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s long-term debt consists of notes and debentures including accrued interest as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">6.400% Senior Notes due 2022<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">266</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">266</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">7.000% Debentures due 2025</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">7.150% Debentures due 2027</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">6.625% Debentures due 2028</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">141</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">141</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">5.700% Senior Notes due 2034<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accrued interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">14% Surplus Notes due 2033<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accrued interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;1,810</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;1,702</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Callable on or after August&nbsp;15, 2006 at 100.00. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Callable anytime at the greater of 100.00 or the present value of the remaining scheduled payments of principal and interest. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(3)&#151;Callable on or after January&nbsp;15, 2018 and every fifth anniversary thereafter at 100.00. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">151 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 10: Debt (continued) </I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to the preceding table, as of December&nbsp;31, 2014, National owned $136 million principal amount of the
5.700% Senior Notes due 2034 that are eliminated on a consolidated basis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s long-term debt presented in the preceding table is subject to certain
restrictive covenants, none of which significantly restrict the Company&#146;s operating activities or dividend-paying ability. As of December&nbsp;31, 2014 and 2013, the Company was in compliance with all debt covenants as there was no occurrence
of any event of default with respect to the above securities. Key events of default include: (i)&nbsp;default in the payment of any interest or principal when it becomes due and payable, (ii)&nbsp;default in the performance, or breach, of any
covenant or warranty of MBIA, (iii)&nbsp;in the case of certain long-term debt, MBIA Inc.&#146;s failure to make a payment on certain indebtedness in an amount in excess of $10 million, (iv)&nbsp;in the case of certain series of long-term debt, the
Company&#146;s default with respect to certain indebtedness that results in the acceleration of certain indebtedness in an amount in excess of $10 million, (v)&nbsp;entry by a court having jurisdiction in the premises of a decree or order for relief
in respect of MBIA, or in the case of certain long-term debt, National, in an involuntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law, and (vi)&nbsp;commencement by MBIA of a
voluntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;16, 2008, MBIA
Corp. issued $1.0 billion of 14% fixed-to-floating rate surplus notes due January&nbsp;15, 2033. As of December&nbsp;31, 2014, MBIA Corp. has repurchased a total of $47 million par value outstanding of its surplus notes at a weighted average price
of $77.08 and in addition, MBIA Inc., through its corporate segment, owned $13 million of MBIA Corp. surplus notes. The surplus notes had an initial interest rate of 14% until January&nbsp;15, 2013 and thereafter have an interest rate of three-month
LIBOR plus 11.26%. Interest and principal payments on the surplus notes are subject to prior approval by the Superintendent of the NYSDFS. From the January&nbsp;15, 2013 interest payment to the present, MBIA Corp.&#146;s requests for approval of the
note interest payments have been denied by the NYSDFS. MBIA Corp. provided notice to the Fiscal Agent that it has not made a scheduled interest payment. The deferred interest payment will become due on the first business day on or after which MBIA
Corp. obtains approval to make such payment. No interest will accrue on the deferred interest. The surplus notes were callable at par at the option of MBIA Corp. on the fifth anniversary of the date of issuance, and are callable at par on
January&nbsp;15, 2018 and every fifth anniversary thereafter and are callable on any other date at par plus a make-whole amount, subject to prior approval by the Superintendent and other restrictions. The cash received from the issuance of surplus
notes was used for general business purposes and the deferred debt issuance costs are being amortized over the term of the surplus notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The aggregate maturities
of principal payments of long-term debt obligations in each of the next five years ending December&nbsp;31, and thereafter, are as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2018</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2019</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Thereafter</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">584</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">584</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">14% Surplus Notes due 2033<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total debt obligations due</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;584</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;1,524</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Callable on or
after January&nbsp;15, 2018 and every fifth anniversary thereafter at 100.00. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investment Agreements </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Obligations under investment agreement contracts are recorded as liabilities on the Company&#146;s consolidated balance sheets based upon proceeds received plus unpaid
accrued interest at the balance sheet date. Upon the occurrence of certain contractually agreed-upon events, some of these funds may be withdrawn by the investor prior to their contractual maturity dates. All of the investment agreements have been
collateralized in accordance with the contractual terms. Additionally, certain investment agreements provide for early termination, including, in some cases, with make-whole payments, upon certain other events including the bankruptcy of MBIA Inc.
or the commencement of an insolvency proceeding with respect to MBIA Corp. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">152 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 10: Debt (continued) </I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreements have been issued with either fixed or floating interest rates in U.S. dollars. As of
December&nbsp;31, 2014, the annual interest rates on these agreements ranged from 3.48% to 7.38% and the weighted average interest rate was 5.50%. As of December&nbsp;31, 2013, the annual interest rates on these agreements ranged from 0.21% to 7.38%
and the weighted average interest rate was 5.10%. Expected principal payments due under these investment agreements in each of the next five years ending December&nbsp;31 and thereafter, based upon contractual maturity dates, are as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="19%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Principal&nbsp;Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Maturity date:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">455</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expected principal payments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">615</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less discount and other adjustments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">547</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Amounts reflect principal due at maturity for investment agreements issued at a discount. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes discounts of $75 million on investment agreements, net of accrued interest of $7 million. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Medium-Term Notes </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MTNs are recorded as liabilities on the
Company&#146;s balance sheets based upon proceeds received, net of unamortized discounts and premiums, plus unpaid accrued interest at the balance sheet date. Certain MTNs are measured at fair value in accordance with the accounting guidance for
hybrid financial instruments. MTNs are issued by MBIA Global Funding, LLC (&#147;GFL&#148;) with either fixed or floating interest rates and in U.S. dollars and foreign currencies. During the year ended December&nbsp;31, 2014, the Company retired
the remaining $129 million of outstanding MTNs issued by the Company&#146;s conduit segment at a cost of 97% of par value and completed the liquidation this business. The Company also repurchased approximately $122 million par value outstanding of
GFL MTNs issued by the Company&#146;s corporate segment at a weighted average cost of approximately 98% of par value. As of December&nbsp;31, 2014, the interest rates of the MTNs ranged from 0% to 9.08% and the weighted average interest rate was
2.44%. As of December&nbsp;31, 2013, the interest rates of the MTNs ranged from 0% to 8.93% and the weighted average interest rate was 2.67%. Expected principal payments due under MTN obligations based on their contractual maturity dates are as
follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="17%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Principal&nbsp;Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Maturity date:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expected principal payments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,546</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less discount and other adjustments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">345</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Amounts reflect principal due at maturity for notes issued at a discount or premium. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes discounts of $306 million, fair value adjustments of $45 million, net of accrued interest of $6 million. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">153 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 10: Debt (continued) </I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company may buy back and extinguish debt originally issued by either MBIA Inc. or its subsidiaries. Purchase prices
are generally negotiated through dealers, similar to buying or selling an asset in the open market. The Company repurchases its debt in an effort to improve its own economic position while also providing liquidity to investors of MBIA debt. In all
cases, debt buybacks were executed in response to investor or dealer inquiries. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Variable Interest Entity Notes </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIE notes are variable interest rate debt instruments that were issued primarily in U.S. dollars by consolidated VIEs within the Company&#146;s international and
structured finance insurance segment. These VIE notes consist of debt instruments issued by issuer-sponsored consolidated VIEs collateralized by assets held by those consolidated VIEs. In addition, as of December&nbsp;31, 2014, the Company&#146;s
advisory services segment had $431 million of VIE notes that are presented separately in &#147;Liabilities held for sale&#148; on the Company&#146;s consolidated balance sheets. Effective January&nbsp;1, 2015, the Company completed the sale of its
Cutwater business and deconsolidated these VIEs. Refer to &#147;Note 1: Business Developments and Risks and Uncertainties&#148; for additional information about the sale of Cutwater. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The maturity of the Company&#146;s international and structured finance insurance segment&#146;s VIE notes, as of December&nbsp;31, 2014 is presented in the following
table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Maturity date:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">471</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">336</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">346</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">321</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,031</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">4,804<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes $2.0 billion of VIE notes accounted for at fair value as of December&nbsp;31, 2014. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 11: Income Taxes </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Income (loss) from operations before provision
(benefit) for income taxes consisted of: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Domestic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">574</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,486</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">154 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 11: Income Taxes (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company files a consolidated tax return that includes all of its U.S. subsidiaries and foreign branches. The
Company also files tax returns in the United Kingdom, France, Spain, and various state and local jurisdictions. Income tax expense (benefit) on income (loss) and shareholders&#146; equity consisted of: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2014&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2013&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2012&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Current taxes:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Federal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred taxes:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Federal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">350</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income taxes charged (credited) to shareholders&#146; equity related to:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in unrealized gains (losses) on AFS securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in AFS securities with OTTI</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in foreign currency translation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Share-based compensation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total income taxes charged (credited) to shareholders&#146; equity</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(72)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total effect of income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">497</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A reconciliation of the U.S. federal statutory tax rate of 35% to the Company&#146;s effective income tax rate for the years ended
December&nbsp;31, 2014, 2013 and 2012 is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="72%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Federal income tax computed at the statutory rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Increase (reduction) in taxes resulting from:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax-exempt interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.5)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.1)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.7)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mark-to-market on warrants</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.6)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.7)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in valuation allowance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13.5)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12.6)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5.6)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in uncertain tax positions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9.1)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.1)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State income tax, net of federal benefit</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Out-of-period adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3.8)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.5)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.8)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.2)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basis difference in foreign subsidiary</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.6)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.2)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effective tax rate</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Deferred Tax Asset, Net of Valuation Allowance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax
returns. Deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to
reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income in the period that includes the enactment date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">155 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 11: Income Taxes (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The tax effects of temporary differences that give rise to deferred tax assets and liabilities as of December&nbsp;31,
2014 and 2013 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred tax liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">196</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferral of cancellation of indebtedness income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net unrealized gains in accumulated other comprehensive income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basis difference in foreign subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross deferred tax liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">478</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred tax assets:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Compensation and employee benefits</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net operating loss and tax credit carryforwards</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">917</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Capital loss carryforward and other-than-temporary impairments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net unrealized losses on insured derivatives</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net losses on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net unrealized losses in accumulated other comprehensive income</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Alternative minimum tax credit carryforward</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net deferred taxes on VIEs</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross deferred tax assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,432</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,680</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Valuation allowance</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net deferred tax asset</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,009</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company establishes a valuation allowance against its deferred tax asset when it is more likely than not that all or a portion of
the deferred tax asset will not be realized. All evidence, both positive and negative, needs to be identified and considered in making the determination. Future realization of the existing deferred tax asset ultimately depends, in part, on the
generation of sufficient taxable income of appropriate character (for example, ordinary income versus capital gains) within the carryforward period available under the tax law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the Company reported a net deferred tax asset of $1.0 billion, with no valuation allowance. As of December&nbsp;31, 2013, there was a
valuation allowance of $93 million against a portion of the deferred tax asset. The valuation allowance related to losses from asset impairments. The decrease in the valuation allowance was primarily due to the sales of previously impaired assets
and a tax planning strategy to use unrealized gains that are included in &#147;Accumulated other comprehensive income (loss)&#148; on the Company&#146;s consolidated balance sheets against any remaining asset impairments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In accordance with ASU 2013-11, the netting of deferred taxes between different taxpaying jurisdictions is not permitted. As of December&nbsp;31, 2014, there was also a
non U.S. deferred tax liability of $18 million included in &#147;Other liabilities&#148; on the Company&#146;s consolidated balance sheet. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Tax Sharing
Agreement </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has a tax sharing agreement among its members effective January&nbsp;1, 1987. The agreement was amended and restated effective
September&nbsp;8, 2011 to change the method of calculating each domestic insurer&#146;s tax liability to the method permitted by paragraph 3(a) of Department Circular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and
non-disapproval pursuant to Section&nbsp;1505 of the New York Insurance Law (&#147;NYIL&#148;). The Company&#146;s tax sharing agreement is filed as an exhibit to this <FONT STYLE="white-space:nowrap">Form&nbsp;10-K</FONT> for informational purposes
only. Refer to &#147;Note 2: Significant Accounting Policies&#148; for further discussion on the Company&#146;s tax sharing agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">156 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 11: Income Taxes (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Out-of-Period Adjustment </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During the fourth quarter of 2012, the Company completed a balance sheet focused analysis to enhance efficiency and accuracy with its deferred income tax balances, and
as a result, identified errors to the current and deferred income tax balances. The Company evaluated the materiality of these errors in accordance with SEC Staff Accounting Bulletin No.&nbsp;99, <I>Materiality</I>, and SEC Staff Accounting Bulletin
No.&nbsp;108, Considering the Effects of<I> Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements</I>, and concluded that these errors, individually and in the aggregate, were immaterial to the year ended
December&nbsp;31, 2012 and all prior periods to which these errors relate. Accordingly, the Company recorded these adjustments in its consolidated financial statements for the year ended December&nbsp;31, 2012 by increasing &#147;Net income
(loss)&#148; by $60 million. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Treatment of Undistributed Earnings of Certain Foreign Subsidiaries&#151;&#147;Accounting for Income Taxes&#151;Special
Areas&#148; </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2013, U.S. deferred income taxes were provided on the differences in the book and tax basis in the Company&#146;s
carrying value of MBIA UK and certain other entities since the Company no longer intends to permanently reinvest these earnings. The impact is reflected in the Company&#146;s 2013 tax provision. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Accounting for Uncertainty in Income Taxes </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s policy
is to record and disclose any change in UTB and related interest and/or penalties to income tax in the consolidated statements of operations. The Company includes interest as a component of income tax expense. All amounts below are reflected before
any applicable tax benefit. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="89%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrecognized tax benefit as of January&nbsp;1, 2012</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">During a prior year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The amounts of decreases in the UTB as a result of the applicable statute of limitations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrecognized tax benefit as of December&nbsp;31, 2012</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">During the current year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The amounts of decreases in the UTB related to settlements with taxing authorities</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrecognized tax benefit as of December&nbsp;31, 2013</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">During a prior year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">During the current year</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The amounts of decreases in the UTB related to settlements with taxing authorities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">The reduction in the UTB as a result of the applicable statute of limitations</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrecognized tax benefit as of December&nbsp;31, 2014</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company does not anticipate any additional amount to reverse in the next twelve months based on settling certain issues. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA and its U.S. subsidiaries file a U.S. consolidated federal income tax return. Federal income tax returns for 2011 through 2013 are subject to examination. The
reserve for UTB has decreased during 2014 based on certain positive developments, including the conclusion from an Internal Revenue Service initiated survey of the 2011 consolidated return of MBIA Inc. and its subsidiaries, which has resulted in no
change to taxable income. In the fourth quarter of 2014, the Company settled certain state and local examinations which further decreased the reserve. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">157 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 11: Income Taxes (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The tax authorities in the United Kingdom are currently auditing MBIA UK for tax years 2005 through 2012. On
January&nbsp;24, 2014, the Company provided an independent report to HM Revenue&nbsp;&amp; Customs (&#147;HMRC&#148;). On April&nbsp;8, 2014, HMRC responded with comments. On June&nbsp;2, 2014, the Company responded to HMRC&#146;s letter dated
April&nbsp;8, 2014. As of December&nbsp;31, 2014, no response has been received from HMRC and there has been no resolution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2013, the Company met with New
York State Department of Taxation and Finance to discuss the Company&#146;s respective tax positions regarding certain issues related to the 2008 tax year. In the fourth quarter of 2014, the Company settled with the state. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the Company&#146;s NOL is approximately $3.2 billion. The NOL will expire between tax years 2029 through 2034. As of December&nbsp;31,
2014, the Company has an alternative minimum tax credit carryforward of $22 million, which does not expire. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 12: Business Segments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As defined by segment reporting, an operating segment is a component of a company (i)&nbsp;that engages in business activities from which it earns revenue and incurs
expenses, (ii)&nbsp;whose operating results are regularly reviewed by the Chief Operating Decision Maker to assess the performance of the segment and to make decisions about the allocation of resources to the segment and, (iii)&nbsp;for which
discrete financial information is available. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages its businesses across five operating segments: 1)&nbsp;U.S. public finance insurance;
2)&nbsp;international and structured finance insurance; 3)&nbsp;corporate; 4)&nbsp;advisory services; and 5)&nbsp;conduit. The Company&#146;s U.S. public finance insurance business is operated through National, its international and structured
finance insurance business is operated through MBIA Corp. and its advisory services business is primarily operated through Cutwater. During 2014, the Company dissolved its conduit segment by extinguishing the remaining liabilities of the segment and
liquidating the Company&#146;s remaining conduit, Meridian Funding Company, LLC (&#147;Meridian&#148;). In addition, in the fourth quarter of 2014, the Company entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon
Corporation. This transaction was effective on January&nbsp;1, 2015 in which, the Company exited its advisory services business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company regularly evaluates
its business segment reporting to ensure it reflects management&#146;s perspective and provides discrete financial information on which to assess segment performance. During 2014, the Company continued to realize its business strategy, which
included the liquidation of its conduit and advisory services businesses and realigning the management of its asset/liability products and corporate activities. Effective in the fourth quarter of 2014, the Company&#146;s previously reported
asset/liability products segment and its corporate segment are managed and reported as a single operating segment referred to as the corporate segment since 1)&nbsp;the previous asset/liability products segment did not represent a future business
prospect for the Company and is in wind-down; 2)&nbsp;the Company manages and reports the invested assets and debt obligation liabilities as a single activity; 3)&nbsp;the activities are economically similar as the servicing of the debt obligation
liabilities are funded by the same financial resources; and 4)&nbsp;the Company evaluates the performance and resource needs of these activities collectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&#146;s new segment reporting structure is reflected in its reporting to its Chief Operating Decision Maker, as well as the senior management team and Board of Directors, who use this information to make key business decisions, assess
performance and allocate resources to its segments. Certain prior period amounts within the corporate segment results have been retrospectively revised to reflect the changes in the Company&#146;s reportable segments. Such revisions have no impact
on total consolidated revenues, expenses, assets, liabilities, shareholders&#146; equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">158 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following sections provide a description of each of the Company&#146;s reportable operating segments. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>U.S. Public Finance Insurance </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s U.S. public finance
insurance segment is principally conducted through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, U.S. public finance
insured obligations when due. The obligations are not subject to acceleration, except that National may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. National issues financial guarantees for
municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other
similar agencies and obligations issued by private entities that finance projects that serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes,
assessments, fees or tariffs related to the use of these projects, lease payments or other similar types of revenue streams. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>International and Structured
Finance Insurance </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s international and structured finance insurance segment is principally conducted through MBIA Corp. The financial guarantees
issued by MBIA Corp. generally provide unconditional and irrevocable guarantees of the payment of principal of, and interest or other amounts owing on, non-U.S. public finance and global structured finance insured obligations when due, or in the
event MBIA Corp. has the right, at its discretion, to accelerate insured obligations upon default or otherwise, upon MBIA Corp.&#146;s acceleration. Certain guaranteed investment contracts written by MBIA Inc. are insured by MBIA Corp., and if MBIA
Inc. were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such payments. MBIA Corp. also insures debt obligations of the following affiliates: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">MBIA Inc.; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">GFL; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">MBIA Investment Management Corp. (&#147;IMC&#148;); and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">LaCrosse Financial Products, LLC, a wholly-owned affiliate, in which MBIA Corp. has written insurance policies guaranteeing the obligations under CDS, including termination payments that may become due upon certain
events including the insolvency or payment default of the financial guarantor or the CDS issuer. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures non-U.S. public finance and
global structured finance, including asset-backed obligations. MBIA Corp. has insured sovereign-related and sub-sovereign bonds, utilities, privately issued bonds used for the financing of projects that include toll roads, bridges, airports, public
transportation facilities, and other types of infrastructure projects serving a substantial public purpose. Global structured finance and asset-backed obligations typically are securities repayable from expected cash flows generated by a specified
pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivables, and leases for equipment, aircraft and real estate property. The Company is no longer insuring
new credit derivative contracts except for transactions related to the reduction of existing derivative exposure. MBIA Corp. has not written any meaningful amount of business since 2008. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">159 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Corporate </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&#146;s corporate segment consists of general corporate activities, including providing general support services to MBIA&#146;s other operating businesses and asset and debt management. General support services are provided by the
Company&#146;s service company, MBIA Services Corporation (&#147;MBIA Services&#148;), formerly Optinuity Alliance Resources Corporation. MBIA Services provides various support services including, among others, management, legal, accounting,
treasury, information technology, and insurance portfolio surveillance, on a fee-for-service basis. Debt management includes activities related to servicing obligations issued by MBIA Inc. and its subsidiaries, IMC and GFL. MBIA Inc. issued debt to
finance the operations of the MBIA group. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp., for bond proceeds and other public funds for such purposes as construction, loan origination, escrow and debt
service or other reserve fund requirements. It also provided customized products for funds that are invested as part of asset-backed or structured product transactions. GFL raised funds through the issuance of MTNs with varying maturities, which
were in turn guaranteed by MBIA Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. The company ceased issuing these investment agreements and MTNs and the outstanding liability balances and corresponding asset balances have declined
over time as liabilities mature, terminate or are retired. All of the debt within the corporate segment is managed collectively and is serviced by the financial resources available to MBIA Inc. Asset management activities support the Company&#146;s
funded liabilities, provide for opportunities in investments and provide general liquidity support to MBIA Inc. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Advisory Services </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The advisory services segment primarily consists of the operations of Cutwater Investor Services Corp. (&#147;Cutwater-ISC&#148;) and Cutwater Asset Management Corp.
(&#147;Cutwater-AMC&#148;) and is a fee-for-service investment management business focused on fixed-income markets. Cutwater-ISC and Cutwater-AMC are Securities and Exchange Commission registered investment advisers. In October of 2014, the Company
entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. Effective with the January&nbsp;1, 2015 sale of Cutwater, MBIA has no business activities within its advisory services segment. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Conduit </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s conduit segment was operated through Meridian and
administered through MBIA Asset Finance, LLC. Assets financed by Meridian were funded by MTNs. In 2014, the Company extinguished the remaining liabilities of this segment and liquidated Meridian. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">160 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Segments Results </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
following tables provide the Company&#146;s segment results for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.&nbsp;Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Advisory<BR>Services</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Conduit</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Eliminations</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">616</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">458</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment revenues<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(166)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">443</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">819</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(166)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">239</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Expenses of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(172)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(172)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">629</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">384</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(25)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(173)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">222</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Identifiable assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,887</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10,086</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,846</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(3,328)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16,284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents the
sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to
intercompany receivables and payables and intercompany loans. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Consists of intercompany reinsurance balances, repurchase agreements and deferred income
taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">161 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.&nbsp;Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Advisory<BR>Services</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Conduit</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Eliminations</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">425</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">644</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">229</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">237</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment revenues<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(270)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">518</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">716</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(232)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">384</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Expenses of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(272)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">267</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">418</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">288</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(272)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">251</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">298</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">169</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(110)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Identifiable assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,056</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,687</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(3,652)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16,953</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)&#151;Represents</TD>
<TD ALIGN="left" VALIGN="top">the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)&#151;Represents</TD>
<TD ALIGN="left" VALIGN="top">intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to intercompany receivables and payables and intercompany loans.
</TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(3)&#151;Represents</TD>
<TD ALIGN="left" VALIGN="top">the gain on the debt received as consideration in connection with the settlement with Bank of America. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(4)&#151;Consists</TD>
<TD ALIGN="left" VALIGN="top">of intercompany reinsurance balances, repurchase agreements and deferred income taxes. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">162 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.&nbsp;Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Advisory<BR>Services</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Conduit</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Eliminations</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">548</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">243</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">880</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,463</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,464</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(158)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(60)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment revenues<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">168</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(422)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">838</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,871</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(422)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,435</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Expenses of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">208</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(457)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">269</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">575</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(457)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">837</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(248)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(49)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,598</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">432</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(179)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">364</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">864</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Identifiable assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,887</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17,248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,721</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">694</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(5,870)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21,724</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents the
sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to
intercompany receivables and payables. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Consists of intercompany reinsurance balances, repurchase agreements and loans. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Premiums on financial guarantees and insured derivatives reported within the Company&#146;s insurance segments are generated within and outside the U.S. The following
table summarizes premiums earned on financial guarantees and insured derivatives by geographic location of risk for the years ended December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;Years&nbsp;Ended&nbsp;December&nbsp;31,&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">391</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">530</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">United Kingdom</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Europe (excluding United Kingdom)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Internationally diversified</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Central and South America</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asia</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 13: Insurance in Force </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA guarantees
the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, mortgage-backed and other non-municipal securities. Additionally, MBIA Corp. has insured CDS primarily on pools of collateral, which it previously
considered part of its core financial guarantee business. The pools of collateral are made up of corporate obligations, but also include commercial and RMBS-related assets and ABS securities. MBIA&#146;s insurance in force represents the aggregate
amount of the insured principal of, and interest or other amounts owing on, insured obligations. MBIA&#146;s ultimate exposure to credit loss in the event of nonperformance by the issuer of the insured obligation is represented by the insurance in
force in the tables that follow. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">163 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 13: Insurance in Force (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The financial guarantees issued by MBIA provide unconditional and irrevocable guarantees of the payment of the
principal of, and interest or other amounts owing on, insured obligations when due. The obligations are generally not subject to acceleration, except that MBIA may have the right, at its discretion, to accelerate insured obligations upon default or
otherwise. Certain guaranteed investment contracts written by MBIA Inc. and guaranteed by MBIA Corp. are terminable based upon the credit ratings downgrades of MBIA Corp. and if MBIA Inc. were to have insufficient assets to pay the termination
payments, MBIA Corp.&#146;s insurance coverage would be drawn on to make such payments. These amounts have been excluded in the tables that follow. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
creditworthiness of each insured obligation is evaluated prior to the issuance of insurance, and each insured obligation must comply with National&#146;s or MBIA Corp.&#146;s underwriting guidelines. Further, the payments to be made by the issuer on
the bonds or notes may be backed by a pledge of revenues, reserve funds, letters of credit, investment contracts or collateral in the form of mortgages or other assets. The right to such funds or collateral would typically become National&#146;s or
MBIA Corp.&#146;s upon the payment of a claim by either National or MBIA Corp. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Corp. maintain underwriting guidelines based on those aspects of
credit quality that it deems important for each category of obligation considered for insurance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, insurance in force, which represents
principal and interest or other amounts owing on insured obligations, had an expected maturity range of 1 to 43 years. The distribution of MBIA Corp.&#146;s and National&#146;s combined insurance in force by geographic location, excluding $2.6
billion and $3.5 billion relating to transactions guaranteed by MBIA Corp. on behalf of various investment management services affiliated companies as of December&nbsp;31, 2014 and 2013, respectively, is presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:43.90pt; font-size:8pt; font-family:ARIAL"><B>$ in billions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Geographic Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of<BR>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of<BR>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">California</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">88.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">New York</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Illinois</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Florida</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Texas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">New Jersey</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Michigan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Pennsylvania</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Washington</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Subtotal</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">231.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">283.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nationally diversified</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other states</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">155.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total United States</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">394.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">492.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Internationally diversified</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Country specific</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total non-United States</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;437.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;554.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">164 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 13: Insurance in Force (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The insurance in force by type of bond, excluding transactions guaranteed by MBIA Corp. on behalf of various investment
management services affiliated companies, is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:43.90pt; font-size:8pt; font-family:ARIAL"><B>$ in billions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Bond type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of<BR>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of<BR>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global public finance&#151;United States:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">General obligation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">122.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">153.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">General obligation&#151;lease</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Higher education</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Health care</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Military housing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investor-owned utilities<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal housing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total United States</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">361.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">445.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">80.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global public finance&#151;non-United States:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International utilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Sovereign-related and sub-sovereign<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Local governments<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total non-United States</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global public finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">400.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">491.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global structured finance:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate asset-backed<SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">437.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">554.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes
investor owned utilities, industrial development and pollution control revenue bonds. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes certain non-profit enterprises, stadium related financing and
student loans. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign
state, region or department. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Includes municipal owned entities backed by sponsoring local government. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO
structuring characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(6)&#151;Includes $5.3
billion and $5.5 billion of structured insurance securitizations as of December&nbsp;31, 2014 and 2013, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">165 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 13: Insurance in Force (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The insurance operations have entered into certain guarantees of derivative contracts, included in the preceding
tables, which are accounted for as derivative instruments. MBIA generally guarantees the timely payment of principal and interest related to these derivatives upon the occurrence of a credit event with respect to a referenced obligation. The maximum
amount of future payments that MBIA may be required to make under these guarantees is $10.1 billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s guarantees of derivative contracts have a legal
maximum maturity range of 1 to 68 years. A small number of insured credit derivative contracts have long-dated maturities, which comprise the longest maturity dates of the underlying collateral. However, the expected maturities of such contracts are
much shorter due to amortizations and prepayments in the underlying collateral pools. The fair values of these guarantees as of December&nbsp;31, 2014 and 2013 are recorded on the consolidated balance sheets as derivative liabilities, representing
gross losses, of $246 million and $1.2 billion, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreement contracts and MTNs issued by the Company&#146;s corporate segment are insured by
MBIA Corp. and are not included in the previous tables. If MBIA Inc. or these subsidiaries were to have insufficient assets to pay amounts due, MBIA Corp. would make such payments under its insurance policies. As of December&nbsp;31, 2014, the
maximum amount of future payments that MBIA Corp. could be required to make under these guarantees is $2.6 billion. These guarantees, which have a maximum maturity range of 1 to 27 years, were entered into on an arm&#146;s length basis. MBIA Corp.
has both direct recourse provisions and subrogation rights in these transactions. If MBIA Corp. is required to make a payment under any of these affiliate guarantees, it would have the right to seek reimbursement from such affiliate and to liquidate
any collateral to recover amounts paid under the guarantee. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Reinsured Exposure </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Reinsurance enables the Company to cede exposure for purposes of syndicating risk and increasing its capacity to write new business while complying with its single risk
and credit guidelines. When a reinsurer is downgraded by one or more of the rating agencies, less capital credit is given to MBIA under rating agency models and the overall value of the reinsurance to MBIA is reduced. The Company generally retains
the right to reassume the business ceded to reinsurers under certain circumstances, including a reinsurer&#146;s rating downgrade below specified thresholds. As of December&nbsp;31, 2014, the use of reinsurance was immaterial to the insurance
operations business and the Company expects that it will continue to be immaterial in the future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA requires certain unauthorized reinsurers to maintain bank
letters of credit or establish trust accounts to cover liabilities ceded to such reinsurers under reinsurance contracts. As of December&nbsp;31, 2014, the total amount available under these letters of credit and trust arrangements was $34 million.
The Company remains liable on a primary basis for all reinsured risk, and although MBIA believes that its reinsurers remain capable of meeting their obligations, there can be no assurance of such in the future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The aggregate amount of insurance in force ceded by MBIA to reinsurers was $11.1 billion and $12.7 billion as of December&nbsp;31, 2014 and 2013, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">166 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 13: Insurance in Force (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, the aggregate amount of insured par outstanding ceded by MBIA to reinsurers under
reinsurance agreements was $6.1 billion compared with $7.1 billion as of December&nbsp;31, 2013. The following table presents information about the Company&#146;s reinsurance agreements as of December&nbsp;31, 2014 for its U.S. public finance and
international and structured finance insurance operations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:39.45pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Reinsurers</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Standard &amp;</B><br><B>Poor&#146;s Rating<BR>(Status)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Moody&#146;s&nbsp;Rating&nbsp;(Status)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ceded Par<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Letters of<BR>Credit/Trust<BR>Accounts</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Reinsurance<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assured Guaranty Re Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Baa1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;3,634</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable&nbsp;Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Negative&nbsp;Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assured Guaranty Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,019</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Negative Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Overseas Private</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA+</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Aaa</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(Stable Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(Stable Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Others</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A- or above</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A2 or above</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,087</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)&#151;Total</TD>
<TD ALIGN="left" VALIGN="top">reinsurance recoverable is primarily related to recoverables on unpaid losses. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Premium Summary </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The components of financial guarantee net premiums earned, including premiums assumed from and ceded to other companies, are presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Direct</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">489</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assumed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">409</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">467</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">619</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ceded</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2014, total salvage paid for financial guarantee policies under reinsurance contracts was $5
million. For the years ended December&nbsp;31, 2013 and 2012, recoveries received on claims for financial guarantee policies under reinsurance contracts totaled $4 million and $4 million, respectively. Ceding commissions from reinsurance, before
deferrals and net of returned ceding commissions, were $2 million, $2 million and $3 million for the years ended December&nbsp;31, 2014, 2013, and 2012, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">167 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 14: Insurance Regulations and Dividends </B></P>
 <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation and National are subject to insurance regulations and supervision of the State of New York (their state of incorporation)
and all U.S. and non-U.S. jurisdictions in which they are licensed to conduct insurance business. In order to maintain their New York State financial guarantee insurance license, MBIA Insurance Corporation and National are required to maintain a
minimum of $65 million of policyholders&#146; surplus. MBIA UK is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom. The extent of
insurance regulation and supervision varies by jurisdiction, but New York and most other jurisdictions have laws and regulations prescribing minimum standards of solvency and business conduct, which must be maintained by insurance companies. Among
other things, these laws prescribe permitted classes and concentrations of investments and limit both the aggregate and individual securities risks that MBIA Insurance Corporation and National may insure on a net basis based on the type of
obligations insured. In addition, some insurance laws and regulations require the approval or filing of policy forms and rates. MBIA Insurance Corporation and National are required to file detailed annual financial statements with the NYSDFS and
similar supervisory agencies in other jurisdictions in which it is licensed. The operations and accounts of MBIA Insurance Corporation and National are subject to examination by regulatory agencies at regular intervals. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NYIL regulates the payment of dividends by financial guarantee insurance companies and provides that such companies may not declare or distribute dividends except out
of statutory earned surplus. Under the NYIL, the sum of (i)&nbsp;the amount of dividends declared or distributed during the preceding 12-month period and (ii)&nbsp;the dividend to be declared may not exceed the lesser of (a)&nbsp;10% of
policyholders&#146; surplus, as reported in the latest statutory financial statements and (b)&nbsp;100% of adjusted net investment income for such 12-month period (the net investment income for such 12-month period plus the excess, if any, of net
investment income over dividends declared or distributed during the two-year period preceding such 12-month period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding that the insurer will retain
sufficient surplus to support its obligations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2014, MBIA Insurance Corporation did not declare or pay any dividends to MBIA Inc. or the holders of its
preferred stock. MBIA Insurance Corporation is currently unable to pay dividends, including those related to its preferred stock, as a result of its earned surplus deficit as of December&nbsp;31, 2014 and is not expected to have any statutory
capacity to pay any dividends in the near term. In connection with MBIA Insurance Corporation obtaining approval from the NYSDFS to release excessive contingency reserves in prior periods, as described below, MBIA Insurance Corporation agreed that
it would not pay any dividends without prior approval from the NYSDFS. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a condition to the NYSDFS&#146; approval of the simultaneous repurchase and reverse
repurchase agreements (&#147;Asset Swap&#148;) between MBIA Inc. and National, the NYSDFS requested that, until the notional amount of the Asset Swap has been reduced to 5% or less of National&#146;s admitted assets, each of MBIA Inc., MBIA
Insurance Corporation and National provide the NYSDFS with three months prior notice, or such shorter period as the NYSDFS may permit, of its intent to initiate cash dividends on shares of its common stock. National declared and paid a dividend of
$220 million to its ultimate parent, MBIA Inc. in the fourth quarter of 2014 following notice to the NYSDFS. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a result of the establishment of National, National
and MBIA Insurance Corporation exceeded as of the closing date certain single and aggregate risk limits under the NYIL.&nbsp;These insurers obtained waivers from the NYSDFS of such limits.&nbsp;In connection with the waivers, they submitted a plan
to the NYSDFS to achieve compliance with the applicable regulatory limits.&nbsp;Under the plans, they agreed not to write new financial guarantee insurance for certain issuers, and in MBIA Insurance Corporation&#146;s case, in certain categories of
business, until they were in compliance with their single risk limits and agreed to take commercially reasonable steps, including considering reinsurance, the addition of capital and other risk mitigation strategies, in order to comply with the
regulatory single and aggregate risk limits. As a condition to granting the waiver, the NYSDFS required that, in addition to complying with these plans, upon written notice from the NYSDFS, MBIA Insurance Corporation and National, as applicable,
would cease writing new financial guarantee insurance if it were not in compliance with the risk limitation requirements by December&nbsp;31, 2009. National came into compliance with its aggregate risk limits in 2011 and has a <I>de minimis</I>
number of single risk limits overages remaining. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">168 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 14: Insurance Regulations and Dividends (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Insurance Corporation was in compliance with its aggregate risk limits under the
NYIL. If MBIA Insurance Corporation is not in compliance with its aggregate risk limits, the NYSDFS may prevent MBIA Insurance Corporation from transacting any new financial guarantee insurance business until it no longer exceeds the limitations.
During 2013, MBIA Insurance Corporation exceeded its aggregate risk limits. In 2014 and 2013, MBIA Insurance Corporation reported additional overages to the NYSDFS with respect to its single risk limits due to changes in its statutory capital. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to provide protection to policyholders in the event of extreme losses in
adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsurance, refunding, refinancings and certain insured securities).
Under the NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves, and 50% of its loss reserves and unearned premium reserves, in certain qualifying assets. Reductions in the contingency reserve may be
recognized based on excess reserves and under certain stipulated conditions, subject to the approval of the Superintendent of the NYSDFS. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to
September&nbsp;30, 2012, MBIA Corp. released to surplus an aggregate of $1.1 billion of contingency reserves pursuant to approvals granted by the NYSDFS in accordance with the NYIL during 2011 and 2012. Absent these releases MBIA Corp. would have
had deficits of qualifying assets to meet its contingency reserve requirements. While MBIA Insurance Corporation currently satisfies its contingency reserve requirement, it had a deficit of qualifying assets required to support its contingency
reserves as of September&nbsp;30, 2014. The deficit was caused by the sale of liquid assets in order to make claim payments and the failure of certain RMBS sellers/servicers to honor their contractual obligations to repurchase ineligible mortgage
loans from securitizations the Company insured. The deficit may occur again in the future as MBIA Insurance Corporation depletes qualifying assets to make claims and commutation payments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of 2014, MBIA Insurance Corporation&#146;s policyholders&#146; surplus was negatively impacted by $106 million because under NYIL it was not permitted to treat as an
admitted asset the portion of its investment in subsidiaries in excess of the greater of 50% of policyholders&#146; surplus or 60% of net admitted assets less the par value of common, preferred stock and liabilities. This overage was caused by a
decrease in MBIA Insurance Corporation&#146;s policyholders&#146; surplus due to insured losses in the past. MBIA Insurance Corporation&#146;s policyholders&#146; surplus may be further negatively impacted if future additional insured losses are
incurred and the percentage of its assets invested in subsidiaries continues to increase. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Results of operations for MBIA Insurance Corporation determined in
accordance with statutory accounting practices for the years ended December&nbsp;31, 2014 and 2013 were net losses of $35 million and $494 million, respectively. As of December&nbsp;31, 2014, MBIA Insurance Corporation&#146;s statutory capital was
$859 million, consisting of policyholders&#146; surplus of $542 million and contingency reserve of $317 million. As of December&nbsp;31, 2013, MBIA Insurance Corporation had statutory capital of $825 million. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the years ended December&nbsp;31, 2014 and 2013, National had statutory net income of $238 million and $256 million, respectively. As of December&nbsp;31, 2014,
National&#146;s statutory capital was $3.3 billion, consisting of policyholders&#146; surplus of $2.2 billion and contingency reserves of $1.1 billion. As of December&nbsp;31, 2013, National had statutory capital of $3.3 billion. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 15: Pension and Profit Sharing Plans </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains a qualified
non-contributory defined contribution pension plan to which the Company contributes 10% of each eligible employee&#146;s annual compensation. Annual compensation for determining such contributions consists of base salary, bonus and commissions, as
applicable, up to a maximum of $1.5 million. Pension benefits vest over a five-year period with 20% vested after two years, 60% vested after three years, 80% vested after four years and 100% vested after five years. The Company funds the annual
pension contribution by the following February of each applicable year. Pension expense related to the Company&#146;s qualified pension plan for the years ended December&nbsp;31, 2014, 2013 and 2012 was $4 million, $4 million, and $7 million,
respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">169 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 15: Pension and Profit Sharing Plans (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company also maintains a qualified profit sharing/401(k) plan. The plan is a voluntary contributory plan that
allows eligible employees to defer compensation for federal income tax purposes under Section&nbsp;401(k) of the Internal Revenue Code of 1986, as amended. Employees may contribute, through payroll deductions, up to 25% of eligible compensation. The
Company matches employee contributions up to the first 5% of such compensation. The 401(k) matching contributions are made in the form of cash, whereby participants may direct the Company match to an investment of their choice. The benefit of the
Company&#146;s contributions vest over a five-year period with 20% vested after two years, 60% vested after three years, 80% vested after four years and 100% vested after five years. Generally, a participating employee is entitled to distributions
from the plans upon termination of employment, retirement, death or disability. Participants who qualify for distribution may receive a single lump sum, transfer the assets to another qualified plan or individual retirement account, or receive a
series of specified installment payments. Profit sharing/401(k) expense related to the Company&#146;s qualified plan for the years ended December&nbsp;31, 2014, 2013 and 2012 was $2 million, $3 million, and $3 million, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to the above two plans, the Company maintains a non-qualified deferred compensation plan. Contributions to the above qualified plans that exceed limitations
established by federal regulations are then contributed to the non-qualified deferred compensation plan. The non-qualified pension expense for the years ended December&nbsp;31, 2014, 2013 and 2012 was $2 million for each applicable year. The
non-qualified profit sharing/401(k) expense for each of the years ended December&nbsp;31, 2014, 2013 and 2012 was $1 million for each applicable year. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 16:
Long-term Incentive Plans </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Plan Description </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company
maintains the MBIA Inc. 2005 Omnibus Incentive Plan (the &#147;Omnibus Plan&#148;). Under the Omnibus Plan a maximum of 10,000,000 shares of the Company&#146;s common stock can be used for any type of award including stock options, performance
shares, performance units, restricted stock, restricted stock units and dividend equivalents. On May&nbsp;1, 2012, the Company&#146;s shareholders approved an increase in the total number of shares of common stock reserved and available for issuance
under the Omnibus Plan from 10,000,000 shares to 14,000,000. Any shares issued under the Omnibus Plan in connection with stock options shall be counted against this limit as one share covered by such option. For all awards other than stock options,
any shares issued shall be counted against this limit as 1.28 shares for every share issued after the May&nbsp;1, 2012 amendment and two shares for every share issued prior to the May&nbsp;1, 2012 amendment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The stock option component of the Omnibus Plan enables key employees of the Company and its subsidiaries to acquire shares of common stock of the Company or to benefit
from appreciation in the price of the common stock of the Company. The stock option grants, which may be awarded every year, provide the right to purchase shares of common stock at the fair value of the stock on the date of the grant. Options
granted will either be Incentive Stock Options (&#147;ISOs&#148;) that qualify under Section&nbsp;422(a) of the Internal Revenue Code, or Non-Qualified Stock Options (&#147;NQSOs&#148;). ISOs and NQSOs are granted at a price not less than 100% of
the fair value, defined as the closing price on the grant date, of the Company&#146;s common stock. Options are exercisable as specified at the time of grant depending on the level of the recipient (generally four or five years) and expire either
seven or ten years from the date of grant (or shorter if specified or following termination of employment). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the restricted stock component of the Omnibus
Plan, certain employees are granted restricted shares of the Company&#146;s common stock. These awards have a restriction period lasting three to five years depending on the type of award, after which time the awards fully vest. During the vesting
period, these shares may not be sold. Restricted stock may be granted to all employees.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Following the effective date of the Omnibus Plan, no new options or awards
were granted under any of the prior plans authorized by the shareholders and all shares authorized but unissued were canceled. All stock awards granted under the prior plans and subsequently canceled or expired after the effective date of the
Omnibus Plan, become available for grant under the Omnibus Plan. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">170 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 16: Long-term Incentive Plans (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There were 6,056,168 shares available for future grants under the Omnibus Plan as of December&nbsp;31, 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In accordance with accounting guidance for share-based payments, the Company expenses the fair value of employee stock options and other forms of stock-based
compensation. In addition, the guidance classifies share-based payment awards as either liability awards, which are remeasured at fair value at each balance sheet date, or equity awards, which are measured on the grant date and not subsequently
remeasured. Generally, awards with cash-based settlement repurchase features or that are settled at a fixed dollar amount are classified as liability awards, and changes in fair value will be reported in earnings. Awards with net-settlement features
or that permit a cashless exercise with third-party brokers are classified as equity awards and changes in fair value are not reported in earnings. The Company&#146;s long-term incentive plans include features which result in equity awards. In
addition, the guidance requires the use of a forfeiture estimate. The Company uses historical employee termination information to estimate the forfeiture rate applied to current stock-based awards. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains voluntary retirement benefits, which provide certain benefits to eligible employees of the Company upon retirement. A description of these
benefits is included in the Company&#146;s proxy statement. One of the components of the retirement program for those employees that are retirement eligible is to continue to vest all performance-based stock options and restricted share awards
beyond the retirement date in accordance with the original vesting terms and to immediately vest all outstanding time-based stock options and restricted share grants. The accounting guidance for share-based payment requires compensation costs for
those employees to be recognized from the date of grant through the retirement eligible date, unless there is a risk of forfeiture, in which case the compensation cost is recognized in accordance with the original vesting schedule. Accelerated
expense, if any, relating to this retirement benefit for both stock option awards and restricted stock awards has been included in the compensation expense amounts. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Restricted Stock </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of the restricted shares awarded,
determined on the grant date, was $39 million and $6 million, and the fair value of the restricted shares canceled were $1 million each for 2014 and 2013. Restricted shares have been recorded as unearned compensation, which is a component of paid-in
capital within shareholders&#146; equity on the Company&#146;s consolidated balance sheets and have been included in &#147;Share-based compensation&#148; on the Company&#146;s consolidated statements of changes in shareholders&#146; equity. The
amount of unearned compensation, net of estimated forfeitures, was $35 million as of December&nbsp;31, 2014, which is expected to be recognized as expense over a weighted average period of 1.83 years. Unearned compensation is amortized to expense
over the appropriate three to five-year vesting period (except for a minor portion granted to members of the MBIA Inc. Board of Directors which is amortized over a ten-year period). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Compensation expense related to the restricted shares, net of estimated forfeitures, was $18 million, $11 million and $11 million for the years ended December&nbsp;31,
2014, 2013 and 2012, respectively. The tax benefit related to the restricted share awards during 2014, 2013 and 2012 was $2 million, $1 million and $1 million, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A summary of the Company&#146;s restricted shares outstanding as of December&nbsp;31, 2014, 2013 and 2012, and changes during the years ended on those dates, is
presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Restricted Share Activity</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Price Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Price Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Price Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,832,115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.6438</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,320,110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.8017</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,881,782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.4134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Granted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,263,472</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.0284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">449,931</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.0741</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,689,542</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.9299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Vested</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(613,641)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.9661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(969,396)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.8408</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(70,549)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.7909</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Forfeited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(123,120)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.2942</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,968,530)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.6724</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(180,665)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.2860</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at end of year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,358,826</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.0047</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,832,115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.6438</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,320,110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.8017</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">171 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 16: Long-term Incentive Plans (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Stock Options </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company determines the fair value for stock option awards at the date of grant and is estimated using the Black-Scholes option pricing model. This model was developed for use in estimating the fair value of traded options that have no vesting
restrictions, are fully transferable, and contain both service and some performance conditions. In addition, option valuation models require the input of highly subjective assumptions including the expected stock price volatility. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Employee stock option compensation expense, net of estimated forfeitures, for the year ended December&nbsp;31, 2014 was immaterial. Employee stock option compensation
expense, net of estimated forfeitures, for the years ended December&nbsp;31, 2013, and 2012 totaled $2 million and $3 million, respectively. During 2014, 2013, and 2012, there were no stock option awards granted. During 2014, 2013, and 2012, the
Company expensed deferred tax assets of $4 million, $5 million and $6 million, respectively, related to the stock option awards as a charge to paid-in capital. As of December&nbsp;31, 2014, there was an immaterial amount of total unrecognized
compensation cost related to non-vested stock options. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A summary of the Company&#146;s stock options outstanding as of December&nbsp;31, 2014, 2013 and 2012, and
changes during the years ended on those dates, is presented in the following tables: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Options</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Price Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Price Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Price Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,715,406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20.6883</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,963,268</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19.0485</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,425,073</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21.3330</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Exercised</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(400,000)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.0200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expired or forfeited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(767,406)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61.5815</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,247,862)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.3382</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(461,805)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50.8330</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at end of year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,548,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.9888</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,715,406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20.6883</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,963,268</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19.0485</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Exercisable at end of year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,798,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13.4660</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,752,311</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">38.5120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,751,173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">45.0174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes information about outstanding stock options as of December&nbsp;31, 2014: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="29%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Options Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Options Exercisable</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Range of Average</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Exercise Price</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Options</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Remaining<BR>Contractual<BR>Life&nbsp;in&nbsp;Years</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Exercise<BR>Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Aggregate<BR>Intrinsic<BR>Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Options</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Remaining<BR>Contractual<BR>Life&nbsp;in&nbsp;Years</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Exercise<BR>Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Aggregate<BR>Intrinsic<BR>Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">$4.02-$57.71</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,287,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5.3922</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,537,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5.5591</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">$58.84-$70.86</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">260,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60.1333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">260,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60.1333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,548,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.9888</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,798,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13.4660</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Performance Based Awards </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014
and 2012, the Company granted three million and two million restricted shares, respectively, to certain key employees which have a vesting schedule dependent on the achievement of certain stock price targets of the Company. The grants and
corresponding compensation expense have been included in the above restricted stock disclosures. As permitted by the accounting guidance for share-based payments, the Company estimates the fair value of awards that contain market performance
conditions at the date of grant using a binomial lattice model with a Monte Carlo simulation. The binomial lattice model can better incorporate assumptions about a stock price path because the model can accommodate a large number of potential stock
prices over the award&#146;s term in comparison to the Black-Scholes model. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">172 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 16: Long-term Incentive Plans (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2010, the Board of Managers of Cutwater established the Cutwater Asset Management Equity Participation Plan
(&#147;the Plan&#148;). The purpose of the Plan is to promote the interests of Cutwater and its equity security holders and is designed to provide compensation tied to the value of Cutwater by the grant of equity participation units. Each unit
represents the contractual right to receive cash payments based on the value of Cutwater. These grants have a restriction period lasting five years, after which time the awards fully vest providing the participant is continuously employed by
Cutwater or one of its affiliates during that period. The maximum number of units available for grant under the Plan is 350,000. During 2014, no new units were granted and 38,000 units were canceled. As of December&nbsp;31, 2014, 185,312 units
vested with no value. In accordance with the accounting guidance for awards that include a cash-based settlement feature, the Plan is classified as a liability award. The original value of the award was determined on the date of grant and remeasured
at each balance sheet date. A liability is accrued over the vesting period of the Plan and reflects the present value of the award as of each balance sheet date. Any change is reflected in earnings. For the years ended December&nbsp;31, 2014, 2013
and 2012, no compensation cost related to the Plan was recorded as a result of the decline in the value of the awards. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 17: Earnings Per Share </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Earnings per share is calculated using the two-class method in which earnings are allocated to common stock and participating securities based on their rights to
receive nonforfeitable dividends or dividend equivalents. The Company grants restricted stock and restricted stock units to certain employees and non-employee directors in accordance with the Company&#146;s long-term incentive programs, which
entitle the participants to receive nonforfeitable dividends or dividend equivalents during the vesting period on the same basis as those dividends are paid to common shareholders. These unvested stock awards represent participating securities.
During periods of net income, the calculation of earnings per share exclude the income attributable to participating securities in the numerator and the dilutive impact of these securities from the denominator. During periods of net loss, no effect
is given to participating securities in the numerator and the denominator excludes the dilutive impact of these securities since they do not share in the losses of the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Basic earnings per share excludes dilution and is computed by dividing net income available to common shareholders by the weighted average number of common shares
outstanding during the period. Diluted earnings per share reflects the dilutive effect of all stock options, warrants and unvested restricted stock outstanding during the period that could potentially result in the issuance of common stock. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The dilution from stock options, warrants and unvested restricted stock are calculated by applying the two-class method and using the treasury stock method. The
treasury stock method assumes the proceeds from the exercise of stock options and warrants or the unrecognized compensation expense from unvested restricted stock will be used to purchase shares of the Company&#146;s common stock at the average
market price during the period. For the years ended December&nbsp;31, 2014, 2013 and 2012, there were 31,907,852, 43,210,917 and 33,743,884, respectively, of stock options, warrants and unvested restricted stock outstanding that were antidilutive.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">173 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 17: Earnings Per Share (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the computation of basic and diluted earnings per share for the years ended
December&nbsp;31, 2014, 2013 and 2012: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="63%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions except share and per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Basic earnings per share:</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: undistributed earnings allocated to participating securities</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) available to common shareholders</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">553</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">245</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,202</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic weighted average shares<SUP STYLE="font-size:85%; vertical-align:top"> (1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188,171,503</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189,071,011</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188,834,626</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per basic common share</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Diluted earnings per share:</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: undistributed earnings allocated to participating securities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: mark-to-market gain (loss) on warrants</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) available to common shareholders</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">526</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">245</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,202</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic weighted average shares<SUP STYLE="font-size:85%; vertical-align:top"> (1)</SUP></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188,171,503</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189,071,011</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188,834,626</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effect of common stock equivalents:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Stock options</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,104,247</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,241,902</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,062,395</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Warrants</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,622,877</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted weighted average shares</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190,898,627</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190,312,913</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189,897,021</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per diluted common share</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1) Includes 412,769,
629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December&nbsp;31, 2014, 2013 and 2012, respectively. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 18: Common and Preferred Stock </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Common Stock </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Stock Warrants </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2008, the Company granted Warburg Pincus warrants to
purchase 11.5&nbsp;million shares of MBIA common stock at an exercise price of $30.25 per share, &#147;B&#148; warrant, which, upon obtaining certain approvals, will become exercisable to purchase 9.8&nbsp;million shares at a price of $30.25 per
share, and &#147;B2&#148; warrant to purchase 4&nbsp;million shares at a price of $16.20 per share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In August of 2013, pursuant to the anti-dilution provisions of
warrants issued by MBIA to Warburg Pincus, the terms of the warrants issued to Warburg Pincus in 2008 were amended, which resulted in (a)&nbsp;Warburg Pincus&#146; warrant to purchase 11.5&nbsp;million shares exercisable at $30.25 per share was
revised to 11.8&nbsp;million shares at $29.44 per share; (b)&nbsp;Warburg Pincus&#146; B warrant to purchase 9.8&nbsp;million shares exercisable at $30.25 per share was revised to 10.1&nbsp;million shares at $29.44 per share; and (c)&nbsp;Warburg
Pincus&#146; B2 warrant to purchase 4&nbsp;million shares exercisable at $16.20 per share was revised to 4,004,945 shares at $16.18 per share.&nbsp;In addition, under the agreement, Warburg Pincus has certain gross up rights that are triggered in
connection with the offering by the Company of any equity securities. As such, MBIA issued Warburg Pincus a five-year warrant to purchase 1.91&nbsp;million shares of MBIA common stock at an exercise price of $9.59 per share. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In February of 2015, the Company reported the expiration of the Warburg Pincus&#146; warrant to purchase 11.8&nbsp;million shares at $29.44 per share, the Warburg
Pincus&#146; B warrant to purchase 10.1&nbsp;million shares at $29.44 per share and the Warburg Pincus&#146; B2 warrant to purchase 4,004,945 shares at $16.18 per share. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">174 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 18: Common and Preferred Stock (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In May of 2013, MBIA Inc. issued Blue Ridge Investments, L.L.C., an affiliate of Bank of America, a five-year warrant
to purchase 9.94&nbsp;million shares of MBIA Inc. common stock at an exercise price of $9.59 per share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Stock warrants are recorded as liabilities and reported
within &#147;Other liabilities&#148; on the consolidated balance sheets due to terms and conditions in the agreements that could require net cash settlement. As of December&nbsp;31, 2014 and 2013, the fair value of the warrants was $28 million and
$59 million, respectively. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Repurchase Program </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Repurchases of common
stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. The Company believes that share repurchases can be an appropriate deployment of capital in excess of
amounts needed to support the Company&#146;s liquidity while maintaining the claims-paying resources of MBIA Corp. and National, as well as other business needs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On February&nbsp;1, 2007, the Company&#146;s Board of Directors authorized the repurchase of common stock up to $1 billion under a share repurchase program. During the
year ended December&nbsp;31, 2014, the Company repurchased 2.1&nbsp;million common shares of MBIA Inc., exhausting any remaining capacity under this share repurchase program. As of December&nbsp;31, 2014, the Company had repurchased
58.8&nbsp;million common shares of MBIA Inc. at an average price of $17.02 per share under this share repurchase program. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2014, the
Company&#146;s Board of Directors authorized the repurchase of common stock up to $200 million under a new share repurchase program. During the year ended December&nbsp;31, 2014, the Company repurchased 1.2&nbsp;million common shares of MBIA Inc. at
an average price of $9.44 per share under this new repurchase program. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014 and 2013, 529,246 and 392,056 shares, respectively, were purchased by the
Company for settling awards under the Company&#146;s long-term incentive plans. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Preferred Stock </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014, MBIA Insurance Corporation had 2,759 shares of preferred stock issued and outstanding with a carrying value of $28 million, including 1,444
shares held by MBIA Inc. that were purchased at a weighted average price of $10,900 per share or 10.9% of face value and 1,315 shares held by unaffiliated investors. During 2014, MBIA Inc. did not repurchase any additional shares. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In accordance with MBIA&#146;s fixed-rate election, the dividend rate on the preferred stock was determined using a fixed-rate equivalent of LIBOR plus 200 basis
points. Each share of preferred stock has a par value of $1,000 with a liquidation preference of $100,000. The holders of the preferred stock are generally not entitled to any voting rights. Subject to certain requirements, the preferred stock may
be redeemed, in whole or in part, at the option of MBIA Corp. at any time or from time to time for cash at a redemption price equal to the liquidation preference per share plus any accrued and unpaid dividends thereon at the date of redemption for
the then current dividend period and any previously accumulated dividends payable without interest on such unpaid dividends. As of December&nbsp;31, 2014 and 2013, there were no dividends declared on the preferred stock. Payment of dividends on MBIA
Corp.&#146;s preferred stock is subject to the same restrictions that apply to dividends on common stock under NYIL. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">175 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 19: Accumulated Other Comprehensive Income </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the changes in the components of AOCI for the years ended December&nbsp;31, 2014, 2013, and 2012: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized</B><br><B>&nbsp;&nbsp;&nbsp;&nbsp;Gains&nbsp;(Losses)&nbsp;&nbsp;&nbsp;&nbsp;</B><br><B>on AFS</B><br><B>Securities, Net</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;Foreign&nbsp;Currency&nbsp;&nbsp;&nbsp;&nbsp;</B><br><B>Translation, Net</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, January&nbsp;1, 2012</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(163)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(176)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amounts reclassified from AOCI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">206</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, December&nbsp;31, 2012</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(126)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amounts reclassified from AOCI</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(139)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, December&nbsp;31, 2013</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(96)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(86)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amounts reclassified from AOCI</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, December&nbsp;31, 2014</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the details of the reclassifications from AOCI for the years ended December&nbsp;31, 2014, 2013, and 2012:
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="45%"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amounts Reclassified<BR>from AOCI Years<BR>Ended December 31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:123.55pt; font-size:8pt; font-family:ARIAL"><B>Details about AOCI Components</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Affected Line Item on the Consolidated Statements<BR>of
Operations</B></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on AFS securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gain (loss) on sale of securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization on securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(104)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(70)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gain (loss) on liquidation of foreign entity</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total reclassifications for the period</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(70)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 20: Related Party Transactions </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Related
parties are defined as the following: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Affiliates of the Company: An affiliate is a party that directly or indirectly controls, is controlled by or is under common control with the Company. Control is defined as having, either directly or indirectly, the
power to direct the management and operating policies of a company through ownership, by contract or otherwise. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Entities for which investments are accounted for using the equity method by the Company. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Trusts for the benefit of employees, such as pension and profit sharing trusts that are managed by or under the trusteeship of management. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">176 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 20: Related Party Transactions (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Principal owners of the Company defined as owners of record or known beneficial owners of more than 10% of the voting interests of the Company. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Management of the Company which includes persons who are responsible for achieving the objectives of the Company and who have the authority to establish policies and make decisions by which those objectives are to be
pursued. Management normally includes members of the Board of Directors, the Chief Executive Officer, Chief Operating Officer, Vice President in charge of principal business functions and other persons who perform similar policymaking functions.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Members of the immediate families of principal owners of the Company and its management. This includes family members whom a principal owner or a member of management might control or influence or by whom they may be
controlled or influenced because of the family relationship. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Other parties with which the Company may deal if one party controls or can significantly influence the management or policies of the other to an extent that one of the transacting parties might be prevented from fully
pursuing its own separate interests. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Other parties that can significantly influence the management or policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to the
extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Since 1989, MBIA Corp. has
executed five surety bonds to guarantee the payment obligations of the members of the Municipal Bond Insurance Association (the &#147;Association&#148;), a voluntary unincorporated association of insurers writing municipal bond and note insurance as
agents for the member insurance companies that had their S&amp;P claims-paying rating downgraded from AAA on their previously issued Association policies. In the event that the Association does not meet their policy payment obligations, MBIA Corp.
will pay the required amounts directly to the paying agent. The aggregate outstanding exposure on these surety bonds as of December&nbsp;31, 2014 was $340 million. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA, through its subsidiaries, is responsible for providing investment advisory and certain related administrative services to the Managed Duration Investment Grade
Municipal Fund (&#147;the Fund&#148;). MBIA earned investment management, accounting, administration and service fees related to the Fund, net of underwriting fees paid to a third party, and are included in &#147;Fees and reimbursements&#148; in the
Company&#146;s consolidated statements of operations. These amounts were not significant for the years ended December&nbsp;31, 2014, 2013 and 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In August of
2013, pursuant to the anti-dilution provisions of warrants issued by MBIA to Warburg Pincus, the terms of the warrants issued to Warburg Pincus in 2008 were amended, which resulted in a decrease in the exercise price and an increase in the aggregate
number of shares of MBIA common stock to be issued upon exercise. In addition, under the agreement, Warburg Pincus has certain gross up rights that are triggered in connection with the offering by the Company of any equity securities. As such, MBIA
issued Warburg Pincus a five-year warrant to purchase 1.91&nbsp;million shares of MBIA common stock at an exercise price of $9.59 per share. Refer to &#147;Note 18: Common and Preferred Stock&#148; for information about Warburg Pincus&#146;
warrants. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2014 and 2013, the Company had no loans outstanding to any executive officers or directors. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 21: Commitments and Contingencies </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA has received subpoenas or
informal inquiries from a variety of regulators, regarding a variety of subjects. MBIA has cooperated fully with each of these regulators and has or is in the process of satisfying all such requests. MBIA may receive additional inquiries from these
or other regulators and expects to provide additional information to such regulators regarding their inquiries in the future. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">177 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 21: Commitments and Contingencies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On December&nbsp;14, 2009, MBIA Corp. commenced an action in New York State Supreme Court, New York County, against
Credit Suisse. The complaint seeks damages for fraud and breach of contractual obligations in connection with the procurement of financial guarantee insurance on the HEMT Series 2007-2 securitization. On January&nbsp;30, 2013, MBIA Corp. filed an
amended complaint. The amended complaint alleges, among other claims, that Credit Suisse falsely represented: (i)&nbsp;the attributes of the securitized loans; (ii)&nbsp;that the loans complied with the governing underwriting guidelines; and
(iii)&nbsp;that Credit Suisse had conducted extensive due diligence on and quality control reviews of the securitized loans to ensure compliance with the underwriting guidelines. The complaint further alleges that the defendants breached their
contractual obligations to cure or repurchase loans found to be in breach of the representations and warranties applicable thereto and denied MBIA the requisite access to all records and documents regarding the securitized loans. On August&nbsp;13,
2014, the court issued an order scheduling expert discovery to run through the middle of 2015. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On September&nbsp;14, 2012, MBIA Insurance Corporation filed a
complaint alleging fraud against J.P. Morgan Securities LLC (f/k/a Bear, Stearns&nbsp;&amp; Co. Inc.) relating to Bear, Stearns&nbsp;&amp; Co. Inc.&#146;s role as lead securities underwriter on the GMAC Mortgage Corporation Home Equity Loan Trust
2006-HE4. MBIA filed its amended complaint on September&nbsp;29, 2014. J.P. Morgan filed its answer to the amended complaint on October&nbsp;10, 2014. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On
July&nbsp;23, 2008, the City of Los Angeles filed a complaint in the Superior Court of the State of California, County of Los Angeles, against a number of financial guarantee insurers, including MBIA. At the same time and subsequently, additional
complaints against MBIA and nearly all of the same co-defendants were filed by various municipal entities and quasi-municipal entities, mostly in California. These cases are part of a coordination proceeding in Superior Court, San Francisco County,
before Judge Richard A. Kramer, referred to as the Ambac Bond Insurance Cases. In August of 2011, the plaintiffs filed amended versions of their respective complaints. The claims allege violation of California&#146;s antitrust laws through
maintaining a dual credit rating scale that misstated the credit default risk of certain issuers, thereby creating market demand for bond insurance. The plaintiffs also allege that the individual bond insurers participated in risky financial
transactions in other lines of business that damaged each bond insurer&#146;s financial condition, and failure to adequately disclose the impact of those transactions on their financial condition. The plaintiffs also assert common law claims of
breach of contract and fraud. The non-municipal plaintiffs also allege a California unfair competition cause of action. An appeal of the dismissal of the plaintiff&#146;s antitrust claim under California&#146;s Cartwright Act is pending. An appeal
is also pending of the March&nbsp;26, 2014 decision granting in part the Bond Insurer defendants&#146; motions for reimbursement of legal fees incurred in connection with the motion to strike pursuant to California&#146;s Anti-SLAPP statute. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On July&nbsp;23, 2008, the City of Los Angeles filed a complaint in the Superior Court, County of Los Angeles, naming as defendants MBIA and other financial
institutions, and alleging fraud and violations of California&#146;s antitrust laws through bid-rigging in the sale of guaranteed investment contracts and what plaintiffs call &#147;municipal derivatives&#148; to municipal bond issuers. The case was
removed to federal court and transferred by order dated November&nbsp;26, 2008 to the Southern District of New York for inclusion in the multidistrict litigation, Municipal Derivatives Antitrust Litigation, M.D.L. No.&nbsp;1950. Complaints making
the same allegations against MBIA and nearly all of the same co-defendants were then, or subsequently, filed by municipal entities and quasi-municipal entities, mostly in California, and three not-for-profit retirement community operators. These
cases have all been added to the multidistrict litigation. The plaintiffs in all of the cases assert federal and either California, West Virginia or New York state antitrust claims. As of May&nbsp;31, 2011, MBIA has answered all of the existing
complaints. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and Assured Guaranty Municipal Corp. commenced an adversary proceeding against the City of Detroit and certain individuals employees/managers
in the City of Detroit&#146;s Chapter 9 case. The amended complaint sought a declaratory judgment that the City of Detroit and its employees comply with Michigan law in the collection, segregation and use of ad valorem tax proceeds pledged to repay
several series of unlimited tax general obligation bonds as well as declaratory relief with respect to National&#146;s and Assured Guaranty Municipal Corp.&#146;s rights and interests in the ad valorem tax proceeds. In April of 2014, National
reached a settlement with the City of Detroit regarding its enhanced Unlimited Tax General Obligation bonds, which was approved when the City of Detroit&#146;s Eighth Amended Plan went effective on December&nbsp;10, 2014. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">178 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 21: Commitments and Contingencies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;30, 2013, MBIA Insurance Corporation and National filed a petition in Texas state court seeking an
order requiring the Harris County-Houston Sports Authority to impose higher taxes as well as damages for other alleged breaches of contract. On December&nbsp;30, 2014, the litigation was resolved in connection with a refinancing transaction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company is defending against the aforementioned actions in which it is a defendant and expects ultimately to prevail on the merits. There is no assurance, however,
that the Company will prevail in these actions. Adverse rulings in these actions could have a material adverse effect on the Company&#146;s ability to implement its strategy and on its business, results of operations, cash flows and financial
condition. At this stage of the litigation, there has not been a determination as to the amount, if any, of damages. Accordingly, the Company is not able to estimate any amount of loss or range of loss. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There are no other material lawsuits pending or, to the knowledge of the Company, threatened, to which the Company or any of its subsidiaries is a party. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Headquarters Lease Agreement </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In September of 2014, the Company moved
its headquarters to Purchase, New York, for which the Company had previously entered into a lease agreement as part of the Company&#146;s cost reduction measures that included the plan to sell the Armonk, New York facility. The initial lease term
expires in 2030 with the option to terminate the lease in 2025 upon the payment of a termination amount. At the end of the initial lease term, the Company has the option to extend the term of the lease for two additional terms of five years at a
fixed annual rent based on the fair market rent at the time of any extension. The total future minimum lease payments over the initial lease term are $42 million. The Company received a lease incentive amount of $6 million from the property owner to
fund certain leasehold improvements. The total future minimum lease payments include annual rent escalation amounts and a free rent period and exclude the lease incentive amount. The lease agreement has been classified as an operating lease, and
operating rent expense has been recognized on a straight-line basis since the second quarter of 2014. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Note 22: Subsequent Events </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 21: Commitments and Contingencies&#148; for information about legal proceedings that occurred after December&nbsp;31, 2014. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">179 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_12"></A>Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">None. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_13"></A>Item&nbsp;9A. Controls and Procedures
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Evaluation of Disclosure Controls and Procedures </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of the end of
the period covered by this report, an evaluation of the effectiveness of the design and operation of the Company&#146;s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934) was performed under
the supervision and with the participation of the Company&#146;s senior management, including the Chief Executive Officer and the Chief Financial Officer. Based on that evaluation, the Company&#146;s management, including the Chief Executive Officer
and the Chief Financial Officer, concluded that the Company&#146;s disclosure controls and procedures were effective as of the end of the period covered by this report. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Changes in Internal Control over Financial Reporting </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As required by Rule
13a-15(d) under the Exchange Act, the Company&#146;s management, including its Chief Executive Officer and Chief Financial Officer, has evaluated the Company&#146;s internal control over financial reporting to determine whether any changes occurred
during the fourth fiscal quarter covered by this annual report that have materially affected or are reasonably likely to materially affect, our internal control over financial reporting. Based on that evaluation, there has been no such change during
the fourth fiscal quarter of 2014. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Management&#146;s Report on Internal Control over Financial Reporting </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Management of MBIA Inc. and its subsidiaries is responsible for establishing and maintaining adequate internal control over financial reporting. The Company&#146;s
internal control over financial reporting is a process designed under the supervision of the Company&#146;s principal executive and principal financial officers to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external reporting purposes in accordance with accounting principles generally accepted in the United States of America. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s internal control over financial reporting includes policies and procedures that (1)&nbsp;pertain to the maintenance of records that, in reasonable detail,
accurately and fairly reflect transactions and dispositions of assets; (2)&nbsp;provide reasonable assurances that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles
generally accepted in the United States of America, and that receipts and expenditures are being made only in accordance with authorizations of management and the directors of the Company; and, (3)&nbsp;provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use or disposition of the Company&#146;s assets that could have a material effect on the Company&#146;s financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Management has assessed the effectiveness of MBIA Inc. internal control over financial reporting as of December&nbsp;31, 2014. In making its assessment, management
conducted an assessment of the effectiveness of the Company&#146;s internal control over financial reporting based on the framework established in <I>Internal Control&#151;Integrated Framework (2013)</I>&nbsp;issued by the Committee of Sponsoring
Organizations of the Treadway Commission (COSO). Based on this assessment and those criteria, management has determined that the Company&#146;s internal control over financial reporting as of December&nbsp;31, 2014 was effective. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The effectiveness of the Company&#146;s internal control over financial reporting as of December&nbsp;31, 2014 has been audited by PricewaterhouseCoopers LLP, an
independent registered public accounting firm, as stated in their report, which is included in Item&nbsp;8, &#147;Financial Statements and Supplementary Data.&#148; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">180 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_14"></A>Item 9B. Other Information </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Disclosure pursuant to Section&nbsp;13(r) of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to Section&nbsp;13(r) of the Securities Exchange Act of 1934, we may be required to disclose in our annual and quarterly reports to the Securities and Exchange
Commission (the &#147;SEC&#148;), whether we or any of our &#147;affiliates&#148; knowingly engaged in certain activities, transactions or dealings relating to Iran or with certain individuals or entities targeted by US economic sanctions.
Disclosure is generally required even where the activities, transactions or dealings were conducted in compliance with applicable law. Because the SEC defines the term &#147;affiliate&#148; broadly, it includes any entity under common
&#147;control&#148; with us (and the term &#147;control&#148; is also construed broadly by the SEC). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The description of the activities below has been provided to
the Company by Warburg Pincus LLC (&#147;WP&#148;), affiliates of which: (i) beneficially own more than 10% of our outstanding common stock and are members of our board of directors and (ii) beneficially own more than 10% of the equity interests of,
and have the right to designate members of the board of directors of, Endurance International Group (&#147;EIG&#148;) and Santander Asset Management Investment Holdings Limited (&#147;SAMIH&#148;). EIG and SAMIH may therefore be deemed to be under
common &#147;control&#148; with MBIA Inc.; however, this statement is not meant to be an admission that common control exists. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The disclosure below relates solely
to activities conducted by EIG and SAMIH and its non-U.S. affiliates that may be deemed to be under common &#147;control&#148; with the Company. The disclosure does not relate to any activities conducted by the Company or by WP and does not involve
our or WP&#146;s management. Neither the Company nor WP has had any involvement in or control over the disclosed activities of SAMIH, and neither the Company nor WP has independently verified or participated in the preparation of the disclosure.
Neither the Company nor WP is representing as to the accuracy or completeness of the disclosure nor do the Company or WP undertake any obligation to correct or update it. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>As to EIG: </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company understands that EIG&#146;s affiliates intend to
disclose in their next annual or quarterly SEC report that: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;On July&nbsp;2, 2013, the billing information for a subscriber account, or the Subscriber Account
was updated to include Seyed Mahmoud Mohaddes, or Mohaddes. On September&nbsp;16, 2013, the Office of Foreign Assets Control, or OFAC, designated Mohaddes as a Specially Designated National, or SDN, pursuant to 31 C.F.R. Part 560.304. On or around
September&nbsp;26, 2014, during a routine compliance scan of new and existing subscriber accounts, EIG discovered that Mohaddes, a SDN, was named as an account contact for the Subscriber Account. EIG promptly suspended the Subscriber Account, locked
the domain name IOCUKLTD.COM, which was registered to the Subscriber Account, and reported the domain name to OFAC as potentially the property of a SDN subject to blocking pursuant to Executive Order 13599. Since September&nbsp;16, 2013, when
Mohaddes was added to the SDN list, charges in the total amount of $120.35 were made to the Subscriber Account for web hosting and domain privacy services. EIG has ceased billing for the Subscriber Account. To date, EIG has not received any
correspondence from OFAC regarding this matter. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On July&nbsp;10, 2014, OFAC designated each of Stars Group Holding, or Stars, and Teleserve Plus SAL, or Teleserve,
as SDNs under Executive Order 13224, and their property became subject to blocking pursuant to the Global Terrorism Sanctions Regulations, 31 C.F.R. Part 594. On July&nbsp;15, 2014, as part of EIG&#146;s compliance review processes, EIG discovered
that the domain names associated with each of Stars, STARSCOM.NET, and Teleserve, TELESERVEPLUS.COM, or collectively, the Stars/Teleserve Domain Names, were registered through EIG&#146;s platform. EIG immediately took steps to suspend and lock the
Stars/Teleserve Domain Names to prevent them from being transferred or resolving to a website, and EIG promptly reported the Domain Names as potentially blocked property to OFAC. EIG did not generate any revenue from the Stars/Teleserve Domain Names
between when they were added to the SDN list on July&nbsp;10, 2014 and when EIG discovered that they were registered through EIG&#146;s platform on July&nbsp;15, 2014. To date, EIG has not received any correspondence from OFAC regarding the matter.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">181 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 9B. Other Information (continued) </I></B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On July&nbsp;15, 2014 during a compliance scan of all domain names on one of our platforms, EIG identified the domain
name KAHANETZADAK.COM, or the Domain Name, which was listed as an &#145;also known as,&#146; or AKA, of the entity Kahane Chai which operates as the American Friends of the United Yeshiva. Kahane Chai was designated as a SDN on November&nbsp;2, 2001
pursuant to Executive Order 13224. Because the Domain Name was transferred into a customer account of one of EIG&#146;s resellers, there was no direct financial transaction between EIG and the registered owner of the Domain Name. The Domain Name was
suspended upon EIG&#146;s discovering it on EIG&#146;s platform, and EIG reported the Domain Name to OFAC as potentially the property of a SDN. To date, EIG have not received any correspondence from OFAC regarding the matter.&#148; </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>As to SAMIH: </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company understands that SAMIH&#146;s affiliates intend to
disclose in their next annual or quarterly SEC report that: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;Santander UK holds frozen savings and current accounts for three customers resident in the U.K.
who are currently designated by the U.S. for terrorism. The accounts held by each customer were blocked after the customer&#146;s designation and remained blocked and dormant throughout 2014. No revenue has been generated by Santander UK on these
accounts. The bank account held for one of these customers was closed in the fourth quarter of 2014. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">An Iranian national, resident in the U.K., who is currently
designated by the U.S. under the Iranian Financial Sanctions Regulations and the Weapons of Mass Destruction Proliferators Sanctions Regulations (&#147;NPWMD sanctions program&#148;), holds a mortgage with Santander UK that was issued prior to any
such designation. No further drawdown has been made (or would be permitted) under this mortgage although Santander UK continues to receive repayment installments. In 2014, total revenue in connection with the mortgage was approximately &pound;2,580
and net profits were negligible relative to the overall profits of Santander UK. The same Iranian national also holds two investment accounts with Santander Asset Management UK Limited. The accounts have remained frozen during 2014. The investment
returns are being automatically reinvested, and no disbursements have been made to the customer. Total revenue for the Santander Group in connection with the investment accounts was &pound;250 and net profits in 2014 were negligible relative to the
overall profits of Banco Santander, S.A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition, during the third quarter 2014, Santander UK identified two additional customers: a UK national designated by
the U.S. under the NPWMD sanctions program held a business account. No transactions were made and the account was closed in the fourth quarter of 2014. No revenue or profit has been generated. A second UK national designated by the US for reasons of
terrorism held a personal current account and a personal credit card account, both of which were closed in the third quarter of 2014. Although transactions took place on the current account during the third quarter of 2014, revenue and profits
generated were negligible. No transactions took place on the credit card.&#148; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">182 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part III </B></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_15">
</A>Item 10. Directors, Executive Officers and Corporate Governance </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding directors will be set forth under &#147;Proposals for Shareholder
Approval Recommended by the Board&#151;Proposal 1: Election of Directors&#148; and &#147;Board of Directors Corporate Governance&#151;The Board of Directors and its Committees&#148; in the Company&#146;s Proxy Statement to be filed within 120 days
of the end of our fiscal year ended December&nbsp;31, 2014 (the &#147;Proxy Statement&#148;) and is incorporated by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding executive
officers is set forth under Part I, Item&nbsp;1, &#147;Business&#151;Executive Officers of the Registrant,&#148; included in this annual report. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information
regarding Section&nbsp;16(a) beneficial ownership reporting compliance will be set forth in the section &#147;Section 16(a) Beneficial Ownership Reporting Compliance&#148; in the Proxy Statement and is&nbsp;incorporated by reference. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding the Company&#146;s Audit Committee will be set forth under &#147;Board of Directors Corporate Governance&#151;The Board of Directors and its
Committees&#148; in the&nbsp;Proxy Statement and is incorporated by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has adopted a code of ethics that applies to all employees of the
Company including its Chief Executive Officer, Chief Financial Officer and its controller. A copy of such code of ethics can be found on the Company&#146;s internet website at www.mbia.com. The Company intends to satisfy the disclosure requirements
under Item&nbsp;10 of Form 8-K regarding an amendment to, or waiver from, a provision of its code of ethics and that relates to a substantive amendment or material departure from a provision of the Code by posting such information on its internet
website at www.mbia.com. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_16"></A>Item 11. Executive Compensation </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding compensation of the Company&#146;s directors and executive officers will be set forth under &#147;Board of Directors Corporate Governance&#151;The
Board of Directors and its Committees,&#148; &#147;Compensation and Governance Committee Report,&#148; &#147;Compensation Discussion and Analysis&#148; and &#147;Executive Compensation Tables&#148; in the Proxy Statement and is incorporated by
reference. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_17"></A>Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding security ownership of certain beneficial owners and management will be set forth under &#147;Security Ownership of Certain Beneficial Owners&#148;
and &#147;Security Ownership of Directors and Executive Officers&#148; in the Proxy Statement and is incorporated by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides
information as of December&nbsp;31, 2014, regarding securities authorized for issuance under our equity compensation plans. All outstanding awards relate to our common stock. For additional information about our equity compensation plans refer to
&#147;Note 16: Long-term Incentive Plans&#148; in the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(a)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(b)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(c)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Plan category</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of&nbsp;securities&nbsp;to<BR>be&nbsp;issued&nbsp;upon&nbsp;exercise<BR>of&nbsp;outstanding options,<BR>warrants&nbsp;and rights<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted&nbsp;average<BR>exercise&nbsp;price&nbsp;of<BR>outstanding&nbsp;options,<BR>warrants&nbsp;and rights</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of&nbsp;securities&nbsp;remaining<BR>available for future&nbsp;issuance<BR>under&nbsp;equity&nbsp;compensation&nbsp;plans</B><br><B>(excluding
securities reflected in<BR>column (a))<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity compensation plans approved by security holders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,722,941</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,272,184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity compensation plans not approved by security holders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,722,941</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,272,184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes
174,941 phantom shares granted under the Deferred Compensation and Stock Ownership Plan for Non-Employee Directors. The weighted average exercise price in column (b)&nbsp;does not take these awards into account. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes 6,056,168 shares of common stock available for future grants under the MBIA Inc. 2005 Omnibus Incentive Plan and 216,016 shares of common stock
available for future grants under the Deferred Compensation and Stock Ownership Plan for Non-Employee Directors. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">183 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_18"></A>Item&nbsp;13. Certain Relationships and Related Transactions, and Director Independence
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding certain relationships and related transactions will be set forth under &#147;Certain Relationships and Related Transactions&#148; in the
Proxy Statement and is incorporated by reference. Information regarding director independence will be set forth under &#147;Proposals for Shareholder Approval Recommended by the Board&#151;Proposal 1: Election of Directors&#151;Director
Independence&#148; in the Proxy Statement and is incorporated by reference. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_19"></A>Item&nbsp;14. Principal Accounting Fees and Services
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding principal accounting fees and services will be set forth under &#147;Principal Accountant Fees and Services&#148; in the Proxy Statement
and is incorporated by reference. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">184 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part IV </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_20">
</A>Item&nbsp;15. Exhibits, Financial Statement Schedules </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top">Financial Statements and Financial Statement Schedules and Exhibits </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>1. Financial Statements </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following financial statements of MBIA Inc. have been included in Part II, Item&nbsp;8 hereof: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Report of Independent Registered Public Accounting Firm. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated balance sheets as of December&nbsp;31, 2014 and 2013. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of operations for the years ended December&nbsp;31, 2014, 2013 and 2012. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of comprehensive income (loss) for the years ended December&nbsp;31, 2014, 2013 and 2012. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of changes in shareholders&#146; equity for the years ended December&nbsp;31, 2014, 2013 and 2012. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of cash flows for the years ended December&nbsp;31, 2014, 2013 and 2012. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Notes to consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>2. Financial
Statement Schedules </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following financial statement schedules are filed as part of this report. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:35.60pt; font-size:8pt; font-family:ARIAL"><B>Schedule</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1.00pt solid #000000; width:16.40pt; font-size:8pt; font-family:ARIAL"><B>Title</B></P></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">I.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Summary of investments, other than investments in related parties, as of December 31, 2014.</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">II.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Condensed financial information of Registrant for December 31, 2014, 2013 and 2012.</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">IV.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Reinsurance for the years ended December 31, 2014, 2013 and 2012.</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The report of the Registrant&#146;s Independent Registered Public Accounting Firm with respect to the above listed financial statement
schedules is included within the report listed under Item&nbsp;15.1 above. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All other schedules are omitted because they are not applicable or the required
information is shown in the consolidated financial statements or notes thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>3. Exhibits </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">An exhibit index immediately preceding the Exhibits indicates the exhibit number where each exhibit filed as part of this report can be found. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>(</I><B><I>Note Regarding Reliance on Statements in Our Contracts</I></B><I>: In reviewing the agreements included as exhibits to this Annual Report on Form 10-K,
please remember that they are included to provide you with information regarding their terms and are not intended to provide any other factual or disclosure information about MBIA Inc., its subsidiaries or the other parties to the agreements. The
agreements contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the other parties to the applicable agreement and (i)&nbsp;should not
in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate; (ii)&nbsp;have been qualified by disclosures that were made to the other
party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement; (iii)&nbsp;may apply standards of materiality in a way that is different from what may be viewed as material to
investors; and (iv)&nbsp;were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments. Accordingly, these representations and warranties may
not describe the actual state of affairs as of the date they were made or at any other time.) </I></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>3. Articles of Incorporation and By-Laws. </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">3.1. Amended and Restated Certificate of Incorporation, dated May&nbsp;5, 2005, incorporated by reference to Exhibit&nbsp;3.1 to the Company&#146;s Quarterly Report on
Form 10-Q for the fiscal quarter ended June&nbsp;30, 2005. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">3.2. By-Laws as Amended as of July&nbsp;14, 2009, incorporated by reference to Exhibit 3.1 to the
Company&#146;s Current Report on Form 8-K filed on July&nbsp;16, 2009. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">185 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;15. Exhibits, Financial Statement Schedules (continued) </B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>4. Instruments Defining the Rights of Security Holders, including Indentures. </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.1. Indenture, dated as of August&nbsp;1, 1990, between MBIA Inc. and The First National Bank of Chicago, Trustee, incorporated by reference to Exhibit 10.72 to the
Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 1992 as amended by the First Supplemental Indenture, dated as of August&nbsp;22, 2002, between MBIA Inc. and Bank One Trust Company, N.A., as Trustee, in
connection with the $300,000,000 6.4% senior notes due 2022, incorporated by reference to the Exhibit 4.04 to the Company&#146;s Current Report on <FONT STYLE="white-space:nowrap">Form&nbsp;8-K</FONT> filed on August&nbsp;22, 2002, and the Second
Supplemental Indenture, dated as of November&nbsp;21, 2012, between MBIA Inc. and The Bank of New York Mellon, as Trustee, incorporated by reference to Exhibit 4.1 to the Company&#146;s Current Report on Form 8-K filed on November&nbsp;26, 2012.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.2. Senior Indenture, dated as of November&nbsp;24, 2004, between MBIA Inc. and The Bank of New York, as Trustee, incorporated by reference to Exhibit 4.01 to the
Company&#146;s Current Report on Form 8-K filed on November&nbsp;29, 2004 as amended by the First Supplemental Indenture, dated as of November&nbsp;24, 2004, between MBIA Inc. and The Bank of New&nbsp;York, as Trustee, in connection with the
$350,000,000 5.70% senior notes due 2034, incorporated by reference to Exhibit 4.02 to the Company&#146;s Current Report on Form 8-K filed on November&nbsp;29, 2004 as amended by the Second Supplemental Indenture, dated as of November&nbsp;21, 2012,
between MBIA Inc. and The Bank of New York Mellon, as Trustee, incorporated by reference to Exhibit 4.2 to the Company&#146;s Current Report on Form 8-K filed on November&nbsp;26, 2012. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.3. Fiscal Agency Agreement, dated as of January&nbsp;16, 2008, between MBIA Insurance Corporation and The Bank of New York, incorporated by reference to Exhibit 4.01
to the Company&#146;s Current Report on Form 8-K filed on January&nbsp;17, 2008. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.4. Form of MBIA Corp. 14% Fixed-to-Floating Rate Global Note due
January&nbsp;15, 2033, incorporated by reference to Exhibit 4.02 to the Company&#146;s Current Report on Form 8-K filed on January&nbsp;17, 2008. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.5. Warrant
Agreement, dated as of January&nbsp;30, 2008, between the Company and Warburg Pincus Private Equity X, LP., incorporated by reference to Exhibit 4.7 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2007.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.6. B Warrant Agreement, dated as of January&nbsp;30, 2008, between the Company and Warburg Pincus Private Equity X, LP., incorporated by reference to Exhibit 4.8
to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2007. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.7. B2 Warrant Agreement, dated as of January&nbsp;30, 2008,
between the Company and Warburg Pincus Private Equity X, LP, incorporated by reference to Exhibit 4.1 to the Company&#146;s Current Report on Form 8-K filed on February&nbsp;7, 2008. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.8. B2 Warrant Agreement, dated as of January&nbsp;30, 2008, between the Company and Warburg Pincus X Partners, L.P. incorporated by reference to Exhibit 4.2 to the
Company&#146;s Current Report on Form 8-K filed on February&nbsp;7, 2008. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.9. Warrant Agreement, dated as of May&nbsp;6, 2013, between MBIA Inc. and Blue Ridge
Investments, L.L.C., incorporated by reference to Exhibit 4.1 to the Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended March&nbsp;31, 2013. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.10. Warrant Agreement, dated as of August&nbsp;5, 2013, between MBIA Inc. and Warburg Pincus Private Equity X, L.P., incorporated by reference to Exhibit 4.2 to the
Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended June&nbsp;30, 2013. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>10. Material Contracts </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.1. Amended and Restated Investment Agreement, dated February&nbsp;6, 2008, between MBIA Inc. and Warburg Pincus Private Equity X, L.P., incorporated by reference to
exhibit 10.1 to the Company&#146;s Current Report on Form&nbsp;8-K filed on February&nbsp;7, 2008. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">186 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;15. Exhibits, Financial Statement Schedules (continued) </B></P>
<P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Executive Compensation Plans and Arrangements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following Exhibits identify all existing executive compensation plans and arrangements: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.2. Amended and Restated Deferred Compensation and Stock Ownership Plan for Non-Employee Directors, effective as of March&nbsp;21, 2002, incorporated by reference to
the MBIA Inc. Form S-8 filed on March&nbsp;14, 2002 (Reg. No.&nbsp;333-84300). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.3. MBIA Inc. Annual Incentive Plan, effective January&nbsp;1, 2011, incorporated
by reference to Exhibit A to the Company&#146;s Proxy Statement filed on March&nbsp;19, 2010, as amended by the Amendment thereto effective as of May&nbsp;2, 2013. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.4. MBIA Inc. 2005 Omnibus Incentive Plan, as amended through March, 2012, incorporated by reference to Exhibit A to the Company&#146;s Proxy Statement filed on
March&nbsp;19, 2012, as amended by the Amendment thereto, effective as of May&nbsp;2, 2013. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.5. Key Employee Employment Protection Plan, amended as of
February&nbsp;27, 2007, incorporated by reference to Exhibit 10.80 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2007, as further amended by Amendment No.&nbsp;2, effective February&nbsp;22, 2010,
incorporated by reference to Exhibit 10.15 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2009. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.6. Form of Key
Employee Employment Protection Agreement, amended as of February&nbsp;27, 2007, incorporated by reference to Exhibit 10.81 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2007. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.7. MBIA Inc. 2005 Non-Employee Director Deferred Compensation Plan (as amended through February 2014), incorporated by reference to Exhibit 10.1 to the
Company&#146;s Form S-8 filed on March&nbsp;5, 2014 (Reg.&nbsp;No.&nbsp;333-194335). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.8. Form of MBIA Inc. 2005 Omnibus Incentive Plan Nonqualified Stock Option
Agreement, effective as of May&nbsp;5, 2005, incorporated by reference to Exhibit 10.30 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2008. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.9. Amended and Restated MBIA Inc. Deferred Compensation and Excess Benefit Plan, effective as of March&nbsp;22, 2010, incorporated by reference to Exhibit 10.1 to
the Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended March&nbsp;31, 2010. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.10. Cutwater Holdings, LLC Equity Participation Plan
effective as of May&nbsp;7, 2010, incorporated by reference to Exhibit 10.2 to the Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended March&nbsp;31, 2010. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.11. Cash Retention Award and Restricted Stock Agreement, dated as of December&nbsp;21, 2012, between MBIA Inc. and C. Edward Chaplin, incorporated by reference to
Exhibit 10.15 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.12. Cash Retention Award and Restricted Stock
Agreement, dated as of December&nbsp;21, 2012, between MBIA Inc. and William C. Fallon, incorporated by reference to Exhibit 10.16 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2012. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.13. Cash Retention Award and Restricted Stock Agreement, dated as of December&nbsp;21, 2012, between MBIA Inc. and Anthony McKiernan, incorporated by reference to
Exhibit 10.17 to the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;31, 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.14. Cash Retention Award and Restricted Stock
Agreement, dated as of December&nbsp;21, 2012, between MBIA Inc. and Ram Wertheim, incorporated by reference to Exhibit 10.18 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended
December&nbsp;31, 2012. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">10.15. Restricted Stock Award Agreement between MBIA Inc. and Joseph W. Brown, dated as of March&nbsp;17, 2014, incorporated by reference
to Exhibit 10.2 to the Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended March&nbsp;31, 2014. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">187 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+10.16. Amendment to Restricted Stock Award Agreement between MBIA Inc. and Joseph W. Brown, dated as of March 2, 2015.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+21. List of Subsidiaries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+23. Consent of PricewaterhouseCoopers LLP. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+31.1. Chief Executive Officer&#151;Certification Pursuant to Section&nbsp;302 of the Sarbanes-Oxley Act of 2002. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+31.2. Chief Financial Officer&#151;Certification Pursuant to Section&nbsp;302 of the Sarbanes-Oxley Act of 2002. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">*32.1. Chief Executive Officer&#151;Certification Pursuant to 18 U.S.C. Section&nbsp;1350, as Adopted Pursuant to Section&nbsp;906 of the Sarbanes-Oxley Act of 2002.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">*32.2. Chief Financial Officer&#151; Certification Pursuant to 18 U.S.C. Section&nbsp;1350, as Adopted Pursuant to Section&nbsp;906 of the Sarbanes-Oxley Act of
2002. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">99.1. Quota Share Reinsurance Agreement between MBIA Insurance Corporation and MBIA Insurance Corp. of Illinois dated February&nbsp;17, 2009, incorporated by
reference to Exhibit 99.1 to the Company&#146;s Current Report on Form 8-K filed on February&nbsp;20, 2009. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">99.2. Novation Agreement, dated as of
September&nbsp;14, 2012, between Financial Guaranty Insurance Company and National Public Finance Guarantee Corporation, incorporated by reference to Exhibit 99.3 to the Company&#146;s Quarterly Report on Form 10-Q for the fiscal quarter ended
September&nbsp;30, 2013. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+99.3 Amended and Restated Tax Sharing Agreement, dated as of September 8, 2011, between MBIA Inc. and certain of its subsidiaries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">+101. Additional Exhibits&#151;MBIA Inc. and Subsidiaries Consolidated Financial Statements and Notes to Consolidated Financial Statements from the Company&#146;s
Annual Report on Form 10-K for the year ended December&nbsp;31, 2014, formatted in XBRL. </P> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">+</TD>
<TD ALIGN="left" VALIGN="top"><I>Filed Herewith</I> </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top"><I>Furnished Herewith</I> </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">188 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc868514_21"></A>SIGNATURES </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to the requirements of Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:ARIAL">(Registrant)</P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Dated:&nbsp;March 2, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">By</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">/s/&nbsp;&nbsp;&nbsp;&nbsp;Joseph W. Brown&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;Joseph W. Brown</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;Chief Executive Officer</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on
behalf of the Registrant and in the capacities and on the dates indicated. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Signature</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Title</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Date</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Joseph W. Brown&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Joseph W. Brown</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director&nbsp;and&nbsp;Chief Executive Officer</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;C. Edward Chaplin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>C. Edward Chaplin</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">President, Chief Financial Officer and<BR>Chief Administrative Officer</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Douglas C. Hamilton&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Douglas C. Hamilton</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Assistant&nbsp;Vice&nbsp;President&nbsp;and&nbsp;Controller (chief accounting officer)</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Daniel P. Kearney&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Daniel P. Kearney</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Chairman and Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Maryann Bruce&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Maryann Bruce</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Sean D. Carney&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Sean D. Carney</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;David A. Coulter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>David A. Coulter</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Steven J. Gilbert&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Steven J. Gilbert</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Charles R. Rinehart&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Charles R. Rinehart</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Theodore Shasta&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Theodore Shasta</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Richard C. Vaughan&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Richard C. Vaughan</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March 2, 2015</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">189 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc868514_22"></A>SCHEDULE I </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SUMMARY OF
INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>December&nbsp;31, 2014 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Type of investment</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount&nbsp;at</B><br><B>which&nbsp;shown</B><br><B>in the</B><br><B>balance&nbsp;sheet</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Available-for-sale:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">446</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">482</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">482</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,613</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,699</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,699</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">223</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,434</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,386</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,386</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed non-agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total long-term available-for-sale</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,225</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,225</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Short-term available-for-sale</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,335</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity available-for-sale</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total available-for-sale</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,509</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,571</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,571</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">255</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">255</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,769</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,830</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">298</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">421</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">421</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Held-to-maturity:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,632</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,055</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,053</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,178</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">190 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc868514_23"></A>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED BALANCE
SHEETS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions except share and per share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $671 and $703)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">751</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">728</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments pledged as collateral, at fair value (amortized cost $445 and $463)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">408</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">375</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Short-term investments held as available-for-sale, at fair value (amortized cost $327 and $171)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">327</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,523</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,309</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment in wholly-owned subsidiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,953</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred income taxes, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">965</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">791</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B></B>$<B></B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B><B>6,684</B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B></B>$<B></B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B><B>6,270</B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Liabilities and Shareholders&#146; Equity</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">505</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">654</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Affiliate loans payable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,207</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,510</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">451</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,755</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,992</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Shareholders&#146; Equity:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Preferred stock, par value $1 per share; authorized shares&#151;10,000,000; issued and outstanding&#151;none</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Common stock, par value $1 per share; authorized shares&#151;400,000,000; issued shares&#151;281,352,782 and 277,812,430</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Additional paid-in capital</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Retained earnings</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,858</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accumulated other comprehensive income (loss), net of tax of $6 and $25</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(86)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Treasury stock, at cost&#151;89,409,887 and 85,562,546 shares</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,359)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,318)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total shareholders&#146; equity of MBIA Inc.</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,929</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,278</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total liabilities and shareholders&#146; equity</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B></B>$<B></B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B><B>6,684</B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><B></B>$<B></B></TD>
<TD VALIGN="bottom" ALIGN="right"><B></B><B>6,270</B></TD>
<TD NOWRAP VALIGN="bottom"><B></B><B>&nbsp;&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:160pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the consolidated financial statements and notes
thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">191 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED
STATEMENTS OF OPERATIONS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Revenues:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(119)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL">&nbsp;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right">&#151;</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right">(7)</P></TD>
<TD NOWRAP VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; font-size:10pt; font-family:ARIAL">&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(114)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Expenses:</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">155</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gain (loss) before income taxes and equity in earnings of subsidiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(70)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(309)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(165)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(202)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(781)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gain (loss) before equity in earnings of subsidiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">472</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity in net income (loss) of subsidiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">463</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">762</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Net income (loss)</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:300pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>consolidated financial statements and notes thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">192 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED
STATEMENTS OF COMPREHENSIVE INCOME (LOSS) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss):</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on available-for-sale securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) arising during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(179)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(162)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Available-for-sale securities with other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other-than-temporary impairments and unrealized gains (losses) arising during the period</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation gains (losses)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Comprehensive income (loss)</B></P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">676</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:300pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>consolidated financial statements and notes thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">193 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED
STATEMENTS OF CASH FLOWS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash flows from operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees and reimbursements received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment income received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating expenses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(35)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(35)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest paid, net of interest converted to principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(93)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(93)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(101)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income taxes (paid) received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">224</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash flows from investing activities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Purchases of available-for-sale investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(287)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(560)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Sales of available-for-sale investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">268</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Paydowns and maturities of available-for-sale investments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">252</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,036</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Purchases of investments at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(266)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(144)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(42)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Sales, paydowns and maturities of investments at fair value</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">139</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Sales, paydowns and maturities (purchases) of short-term investments, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(242)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">(Payments) proceeds for derivative settlements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(207)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateral (to) from swap counterparty</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(285)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Contributions to subsidiaries, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Advances to subsidiaries, net</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash provided (used) by investing activities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,332</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash flows from financing activities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Proceeds from investment agreements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Principal paydowns of investment agreements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(181)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(274)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(679)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payments for securities sold under agreements to repurchase</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(639)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payments for retirement of debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(180)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Payments for affiliate loans</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(153)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(194)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(109)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Purchases of treasury stock</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Restricted stock awards settlements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash provided (used) by financing activities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(327)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(465)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,575)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net increase (decrease) in cash and cash equivalents</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents&#151;beginning of year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents&#151;end of year</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reconciliation of net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,234</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in:</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Intercompany accounts receivable</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Current income taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity in earnings of subsidiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(463)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(118)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(762)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Dividends from subsidiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">225</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">219</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net (gains) losses on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized (gains) losses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred income tax benefit</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(176)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(207)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(613)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">(Gains) losses on extinguishment of debt</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other operating</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total adjustments to net income (loss)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(381)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,031)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>consolidated financial statements and notes thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">194 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>NOTES TO
CONDENSED FINANCIAL STATEMENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>1. Condensed Financial Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United
States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the Company&#146;s consolidated financial statements and the notes thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The activities of MBIA Inc. consist of general corporate activities and funding activities, which principally include holding and managing investments, servicing
outstanding corporate debt, investment agreements issued by MBIA Inc. and its subsidiaries, and posting collateral under investment agreement and derivative contracts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc. is subject to the same liquidity risks and uncertainties as described in footnote 1 to the Company&#146;s consolidated financial statements. As of
December&nbsp;31, 2014, MBIA Inc. had $498 million of cash and highly liquid assets available for general corporate liquidity purposes. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>2. Significant
Accounting Policies </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc. (the &#147;Parent Company&#148;) carries its investments in subsidiaries under the equity method. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain amounts have been reclassified in prior years&#146; financial statements to conform to the current presentation. These reclassifications had no impact on total
revenues, expenses, assets, liabilities, or shareholders&#146; equity for all periods presented. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>3. Dividends from Subsidiaries </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2014, National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $220 million to MBIA Inc. and Trifinium Holdings Limited declared and paid
dividends of $5 million to MBIA Inc. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2013, National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $214 million to MBIA Inc., MBIA
Services Corporation, formerly Optinuity Alliance Resources Corporation, declared and paid dividends of $2 million to MBIA Inc. and CapMAC Holdings Inc. declared and paid dividends of $3 million to MBIA Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2012, MBIA Services Corporation declared and paid dividends of $53 million to MBIA Inc., MBIA Asset Finance, LLC declared and paid dividends of $6 million to
MBIA Inc. and Euro Asset Acquisition Limited declared and paid dividends of $1 million to MBIA Inc. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>4. Obligations under Investment Agreements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The investment agreement business, as described in footnotes 2 and 10 to the Company&#146;s consolidated financial statements, is conducted by both MBIA Inc. and its
wholly owned subsidiary, MBIA Investment Management Corp. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>5. Pledged Collateral </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Substantially all of the obligations under investment agreements require MBIA Inc. to pledge securities as collateral. As of December&nbsp;31, 2014 and 2013, the fair
value of securities pledged as collateral with respect to these investment agreements approximated $273 million and $270 million, respectively. The Parent Company&#146;s collateral as of December&nbsp;31, 2014, consisted principally of
mortgage-backed securities, corporate obligations, and U.S. Treasury and government agency bonds, and was primarily held with major U.S. banks. Additionally, the Parent Company pledged money market securities as collateral under investment
agreements in the amount of $26 million and $22 million as of December&nbsp;31, 2014 and 2013, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under derivative contracts entered into by MBIA Inc.,
collateral postings are required by either MBIA Inc. or the counterparty when the aggregate market value of derivative contracts entered into with the same counterparty exceeds a predefined threshold. As of December&nbsp;31, 2014, MBIA Inc. pledged
securities with a fair value of $199 million to derivative counterparties. As of December&nbsp;31, 2013, MBIA Inc. pledged securities with a fair value of $42 million to derivative counterparties. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">195 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>6. Affiliate Loans Payable </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Affiliate loans payable consists of loans payable to MBIA Global Funding, LLC (&#147;GFL&#148;). GFL raised funds through the issuance of medium-term notes with varying
maturities, which were, in turn, guaranteed by MBIA Corp. GFL lent the proceeds of these medium-term note issuances to MBIA Inc. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">196 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc868514_24"></A>SCHEDULE IV </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>REINSURANCE
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Years Ended December&nbsp;31, 2014, 2013 and 2012 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="59%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Column A</B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Insurance</B></P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Premium Written</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;B</B><br><B>Direct</B><br><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;C</B><br><B>Ceded to</B><br><B>Others</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column D</B><br><B>Assumed</B><br><B>From</B><br><B>Other</B><br><B>Companies</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;E</B><br><B>Net</B><br><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;F</B><br><B>Percentage</B><br><B>of Amount</B><br><B>Assumed</B><br><B>to Net</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2014</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(18)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2013</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(41)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2012</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">197 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc868514_25"></A>Securities and Exchange Commission </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Exhibits </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>to </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Form 10-K </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Annual Report Pursuant to Section&nbsp;13 or 15(d) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>of the Securities Exchange Act of 1934 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>For
the fiscal year ended December&nbsp;31, 2014 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Commission File No.&nbsp;1-9583 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA Inc. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Exhibit Index </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="91%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.16.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Amendment to Restricted Stock Award Agreement between MBIA Inc. and Joseph W. Brown, dated as of March 2, 2015.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>21.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">List of Subsidiaries.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>23.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Consent of PricewaterhouseCoopers LLP.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>31.1.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Chief Executive Officer&#151;Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>31.2.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Chief Financial Officer&#151;Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>*32.1.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Chief Executive Officer&#151;Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>*32.2.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Chief Financial Officer&#151;Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.3</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Amended and Restated Tax Sharing Agreement, dated as of September 8, 2011, between MBIA Inc. and certain of its subsidiaries.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP>101.</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Additional Exhibits&#151;MBIA Inc. and Subsidiaries Consolidated Financial Statements and Notes to Consolidated Financial Statements from the Company&#146;s Annual Report on Form 10-K for the year ended December 31, 2014, formatted
in XBRL.</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top">Furnished Herewith </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">198 </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.16
<SEQUENCE>2
<FILENAME>d868514dex1016.htm
<DESCRIPTION>EX-10.16
<TEXT>
<HTML><HEAD>
<TITLE>EX-10.16</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right"><B>Exhibit 10.16 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>AMENDMENT TO </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>RESTRICTED STOCK AWARD
AGREEMENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">This amendment (this &#147;<B><U>Amendment</U></B>&#148;) to the Restricted Stock Award Agreement (the &#147;<B><U>Agreement</U></B>&#148;) dated as
of March&nbsp;17, 2014, between MBIA Inc., a Connecticut corporation (together with its successors and assigns, the &#147;<B><U>Company</U></B>&#148;), and Joseph W. Brown (the &#147;<B><U>Grantee</U></B>&#148;), is dated as of March&nbsp;2, 2015,
between the Company and the Grantee (together, the &#147;<B><U>Parties</U></B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Parties hereby agree to amend the Agreement by deleting clause
(C)&nbsp;of Section&nbsp;1(b)(i) and clause (C)&nbsp;of Section&nbsp;1(b)(ii). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Except as expressly amended hereby, the other terms and conditions of the Agreement
shall remain in full force and effect. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MBIA INC.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Ram Wertheim</P></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Name: Ram Wertheim</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Title: Chief Legal Officer</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="99%"></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">GRANTEE</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Jay Brown</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Joseph W. Brown</TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>3
<FILENAME>d868514dex21.htm
<DESCRIPTION>EX-21
<TEXT>
<HTML><HEAD>
<TITLE>EX-21</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 21 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B><U>SUBSIDIARIES OF MBIA INC. </U></B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Name of Subsidiary</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>State/Country&nbsp;of&nbsp;Incorporation</B></FONT></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">CapMAC Holdings Inc.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Cutwater Asset Management Corp.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Cutwater Holdings, LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Cutwater Investor Services Corp.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">LaCrosse Financial Products, LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">LaCrosse Financial Products Member, LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Asset Finance, LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Capital Corp.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Global Funding, LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Insurance Corporation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">New&nbsp;York</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Investment Management Corp.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Mexico, S.A. de C.V.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Mexico</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA Services Corporation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA UK (Holdings) Limited</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">England&nbsp;and&nbsp;Wales</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">MBIA UK Insurance Limited</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">England and Wales</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Municipal Issuers Service Corporation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">New York</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">National Public Finance Guarantee Holdings, Inc.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">National Public Finance Guarantee Corporation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">New York</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">National Real Estate Holdings of Armonk, LLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Delaware</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Promotora de Infraestructura Registral, S.A. de C.V. SOFOM ENR</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Mexico</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Trifinium Advisors (UK) Limited</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">England and Wales</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Trifinium Holdings Limited</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">England and Wales</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Trifinium Services Limited</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">England and Wales</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>4
<FILENAME>d868514dex23.htm
<DESCRIPTION>EX-23
<TEXT>
<HTML><HEAD>
<TITLE>EX-23</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 23 </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">We hereby consent to the incorporation by reference
in the Registration Statements on Form S-3 (No. 333-190737) and Form&nbsp;S-8 (Nos. 333-84300, 033-46062, 333-152894, 333-159648, 333-165713, 333-183529, 333-190738 and 333-194335) of MBIA Inc. of our report dated March&nbsp;2, 2015 relating to the
consolidated financial statements, financial statement schedules and the effectiveness of internal control over financial reporting, which appears in this Form 10-K. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">/s/ PricewaterhouseCoopers LLP </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">New York, New York </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:ARIAL" SIZE="2">March&nbsp;2, 2015 </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>5
<FILENAME>d868514dex311.htm
<DESCRIPTION>EX-31.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-31.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 31.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">I, Joseph W. Brown, certify that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">I have reviewed the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form 10-K for the period ending December&nbsp;31, 2014 as filed with the Securities and Exchange
Commission on the date hereof (the &#147;Report&#148;); </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects the financial condition, results
of operations and cash flows of the Company as of, and for, the periods presented in this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">evaluated the effectiveness of the Company&#146;s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this Report based on such evaluation; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">disclosed in this Report that there were no changes in the Company&#146;s internal control over financial reporting that occurred during the Company&#146;s fourth quarter of 2014
that has materially affected, or is reasonably likely to materially affect, the Company&#146;s internal control over financial reporting; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#146;s
auditors and to the audit committee of the board of directors: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
Company&#146;s ability to record, process, summarize and report financial information; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#146;s internal control over financial reporting.
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ Joseph W. Brown</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Joseph W. Brown</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Executive Officer</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;2, 2015</FONT></P></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>6
<FILENAME>d868514dex312.htm
<DESCRIPTION>EX-31.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-31.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 31.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">I, C. Edward Chaplin, certify that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">I have reviewed the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form 10-K for the period ending December&nbsp;31, 2014 as filed with the Securities and Exchange
Commission on the date hereof (the &#147;Report&#148;); </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects the financial condition, results
of operations and cash flows of the Company as of, and for, the periods presented in this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">evaluated the effectiveness of the Company&#146;s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this Report based on such evaluation; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">disclosed in this Report that there were no changes in the Company&#146;s internal control over financial reporting that occurred during the Company&#146;s fourth quarter of 2014
that has materially affected, or is reasonably likely to materially affect, the Company&#146;s internal control over financial reporting; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#146;s
auditors and to the audit committee of the board of directors: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
Company&#146;s ability to record, process, summarize and report financial information; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#146;s internal control over financial reporting.
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ C. Edward Chaplin</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">C. Edward Chaplin</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Financial Officer</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;2, 2015</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>7
<FILENAME>d868514dex321.htm
<DESCRIPTION>EX-32.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-32.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 32.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>18 U.S.C. SECTION 1350, </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>AS ADOPTED PURSUANT TO </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In connection with the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form 10-K for the period ending December&nbsp;31, 2014 as filed with the Securities
and Exchange Commission on the date hereof (the &#147;Report&#148;), I, Joseph W. Brown, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. &#167;&nbsp;1350, as adopted pursuant to &#167; 906 of the Sarbanes-Oxley Act of 2002,
that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ Joseph W. Brown</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Joseph W. Brown</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Executive Officer</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;2, 2015</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>8
<FILENAME>d868514dex322.htm
<DESCRIPTION>EX-32.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-32.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 32.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>18 U.S.C. SECTION 1350, </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>AS ADOPTED PURSUANT TO </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In connection with the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form 10-K for the period ending December&nbsp;31, 2014 as filed with the Securities
and Exchange Commission on the date hereof (the &#147;Report&#148;), I, C. Edward Chaplin, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. &#167;&nbsp;1350, as adopted pursuant to &#167; 906 of the Sarbanes-Oxley Act of 2002,
that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ C. Edward Chaplin</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">C. Edward Chaplin</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Financial Officer</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;2, 2015</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>9
<FILENAME>d868514dex993.htm
<DESCRIPTION>EX-99.3
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.3</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right"><B>Exhibit 99.3 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Amended and Restated </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><U>TAX SHARING AGREEMENT
</U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">THIS TAX SHARING AGREEMENT (this &#147;Agreement&#148;) originally entered into as of January&nbsp;1, 1987 and amended January&nbsp;1,
1990,&nbsp;January&nbsp;1, 2002 and March&nbsp;11, 2004,&nbsp;February&nbsp;25, 2009, amended and restated as of this 8th day of September, 2011 is among MBIA Inc., a Connecticut corporation (&#147;MBIA&#148;), and those eligible subsidiaries of
MBIA added as parties from time to time to this Agreement and listed on the signature pages hereto. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><U>W&nbsp;I&nbsp;T&nbsp;N&nbsp;E&nbsp;S&nbsp;S&nbsp;E&nbsp;T&nbsp;H: </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">WHEREAS, MBIA is the common parent and each of the Subsidiaries is a member of an affiliated group of companies permitted to file a consolidated Federal income tax
return pursuant to the terms of Section&nbsp;1504 of the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;), (which affiliated group is referred to herein as the &#147;Consolidated Group&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">WHEREAS, the Consolidated Group has, since January&nbsp;1, 1987, filed and intends to continue to file consolidated Federal income tax returns under Section&nbsp;1501
of the Code so that the tax liability of the Consolidated Group is determined under Section&nbsp;1502 of the Code and the Regulations thereunder by consolidating the income, expenses, gains, losses and credits of all of the members of the
Consolidated Group; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">WHEREAS, as indicated in the Preamble to this Agreement, MBIA and its eligible subsidiaries have entered into tax allocation agreements to
allocate and settle among themselves the consolidated Federal income tax liabilities of the Consolidated Group; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">WHEREAS, MBIA and its Subsidiaries wish to
amend and restate this Agreement setting forth their understandings as to certain matters pertaining to their Federal income tax liabilities, in a manner consistent with the requirements of New York State Insurance Department Circular Letter
No.&nbsp;33 (December 20, 1979), as it applies to tax sharing payments due to be made on or after January&nbsp;1, 2011. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NOW, THEREFORE, MBIA and the Subsidiaries
agree as follows: </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>ARTICLE I </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Certain
Definitions </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In this Agreement, the following terms have the meanings specified or referred to in this Article I and shall be equally applicable both to the
singular and to the plural forms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Agreement</B>&#148; has the meaning set forth in the Preamble. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Circular 33</B>&#148; has the meaning set forth in the Recitals, as the same may be amended or superseded by any subsequent publication or guidance issued by
the New York State Insurance Department. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Code</B>&#148; has the meaning set forth in the Recitals. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Consolidated Group&#148;</B> has the meaning set forth in the Recitals. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Consolidated Item</B>&#148; has the meaning set forth in Section&nbsp;2.02. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Consolidated Return Year</B>&#148; means any taxable year or period for which MBIA files a consolidated Federal income tax return with at least one Subsidiary.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Escrow Account</B>&#148; has the meaning set forth in Section&nbsp;2.05. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Final Determination</B>&#148; means an IRS Form 870AD that reflects an adjustment to any item (or a component of an item) shown on a tax return (whether or not
such adjustment results in a deficiency in taxes), a closing agreement or an accepted offer in compromise with the IRS or any other adjustment to any item to which the taxpayer concedes (whether or not such adjustment results in a deficiency in
taxes), or a decision of any court of competent jurisdiction that is not subject to appeal or the time for appeal of which has expired. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>IRS</B>&#148;
means the United States Internal Revenue Service. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>MBIA</B>&#148; has the meaning set forth in the Preamble. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>New York Insurance Member</B>&#148; means any Subsidiary incorporated as an insurance company in the State of New York. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Noninsurance Subsidiary</B>&#148; means any Subsidiary not incorporated as an insurance company in the State of New York. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Pro Forma Subsidiary Return</B>&#148; has the meaning set forth in Section&nbsp;2.02. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Regulations</B>&#148; mean the regulations issued by the Secretary of the Treasury interpreting the Code. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">&#147;<B>Subsidiary</B>&#148; means any corporation that is eligible for inclusion in a consolidated income tax return with MBIA as the common parent and that is or
from time to time becomes a signatory hereto. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>ARTICLE II </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Returns and Payments </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.01. <U>Consent to File
Consolidated Returns</U>. MBIA and the Subsidiaries hereby consent to the filing of consolidated Federal income tax returns by the Consolidated Group for each taxable year covered by this Agreement and each Subsidiary agrees to furnish all
information and to execute all elections and other documents which may be necessary or appropriate to evidence such consent or to enable MBIA to prepare and file such returns. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.02. <U>Preparation of Pro Forma Subsidiary Return</U>. For each Consolidated Return Year, a pro forma Federal income tax return (a &#147;Pro Forma
Subsidiary Return&#148;) shall be prepared for each Subsidiary, covering that portion of the taxable year in which such Subsidiary is included in the Consolidated Group, as if the Subsidiary had filed a separate tax return for the Consolidated
Return Year, subject to the following modifications: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top">all elections shall be consistent with the elections of the Consolidated Group for such Consolidated Return Year; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top">in the case of any item of income, gain, loss, deduction or credit that is computed or subject to a limitation only on the Consolidated Group return, including, but not limited to, net operating losses, capital losses,
charitable contributions, foreign tax credits, research and experimentation credits and gains and losses under Section&nbsp;1231 of the Code (&#147;Consolidated Items&#148;), such Consolidated Items shall be taken into account by the Subsidiary to
the extent that (as determined by MBIA on a reasonable basis) the Consolidated Item is taken into account and actually affects the amount of the tax liability of the Consolidated Group; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top">all intercompany transactions (as defined in Section&nbsp;1.1502-13(b)(1) of the Regulations) between members of the Consolidated Group shall be taken into account, in computing the Pro Forma Subsidiary Returns, at the
time when such transactions are required to be taken into account by the Consolidated Group under Section&nbsp;1.1502-13 of the Regulations; </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top">the tax imposed by Section&nbsp;55 (or any comparable provision of law) of the Code (or any tax credits generated with respect thereto) shall be disregarded except to the extent that such tax is actually imposed on the
Consolidated Group; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top">any Consolidated Item not initially taken into account in computing the tax of the Subsidiary and not otherwise addressed in this Section&nbsp;2.02 shall be taken into account by the Subsidiary in the year, and to the
extent, that such Consolidated Item is taken into account by the Consolidated Group; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top">any carryforwards and carrybacks of deductible or creditable losses and credits generated by the Subsidiary in any previous Consolidated Return Year in which it was included in the Consolidated Group return (as computed
pursuant to the principles of this Section&nbsp;2.02) shall be taken into account. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.03. <U>Computation of Tax Liability</U>. Subject to
Section&nbsp;4.07, the tax charge payable by, or the tax refund payable to, a Subsidiary under this Agreement for any Consolidated Return Year shall be the amount that would have been payable if the Subsidiary were actually filing its Pro Forma
Subsidiary Return for such Consolidated Return Year. If the Pro Forma Subsidiary Return prepared with respect to any Subsidiary reflects a net operating loss, net capital loss, excess tax credit or other deductible or creditable tax attribute that
such Subsidiary could have carried back to a prior Consolidated Return Year had it actually filed its Pro Forma Subsidiary Return on a separate company basis for such prior year, then MBIA shall pay to such Subsidiary the refund (if any) that such
Subsidiary would have received as a result of the carryback of such attribute to a Pro Forma Subsidiary Return for any Consolidated Return Year. The amount of such refund will be computed as if such Subsidiary had filed a separate tax return for the
prior Consolidated Return Year, and otherwise in accordance with the principles of Section&nbsp;2.02. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.04. <U>Payment of Tax Liability</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">(a) <U>Estimated Taxes</U>. Each Subsidiary shall pay to MBIA any required payment of estimated Federal income tax liability (when and as determined under
Section&nbsp;6655 of the Code) calculated in accordance with Section&nbsp;2.03. In computing the Subsidiary&#146;s estimated Federal income tax payments, each payment shall be sufficient to avoid incurring any penalty under Section&nbsp;6655 of the
Code that would have been payable under the Subsidiary&#146;s Pro Forma Subsidiary Return by reason of any underpayment by a &#147;large corporation&#148; within the meaning of Section&nbsp;6655(g)(2) of the Code and shall be consistent with the
elections permitted to be made under Sections 6655(d) and (e)&nbsp;of the Code as actually made by MBIA, in its sole discretion, for such taxable year and communicated to the Subsidiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">(b) <U>Annual True-Up</U>. Each Subsidiary shall pay to MBIA, or MBIA shall pay to each Subsidiary, as the case may be, the difference, if any, between the tax payable
pursuant to Section&nbsp;2.03 for such taxable year and the amount, if any, paid by the Subsidiary to MBIA pursuant to Section&nbsp;2.04(a) for such taxable year. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">(c) <U>Settlements</U>. All settlements under Sections 2.03 and 2.04(a) and (b)&nbsp;shall be made within 30 days after the filing of the applicable estimated or actual
consolidated federal income tax return with the IRS, provided that MBIA shall provide each Subsidiary with notice of any amount due from the Subsidiary under this section at least 10 days before the required date for payment. Payments to any
Subsidiary pursuant to Section&nbsp;2.03 that are attributable to the carryback of any tax attribute reflected on a Pro Forma Subsidiary Return shall be made within 30 days after the filing of the consolidated federal income tax return that includes
the tax items reported on such Pro Forma Subsidiary Return. All settlements to the New York Insurance Members shall be in cash or securities eligible as investments for such New York Insurance Members, at market value, or otherwise as required by
Circular 33. Payments by the New York Insurance Members shall be subject to the escrow requirements of Section&nbsp;2.05. If a Noninsurance Subsidiary is entitled to a payment from MBIA in accordance with Sections 2.03 and 2.04, in lieu of actual
payment MBIA shall establish an intercompany payable for such amount within 30 days following the filing of the consolidated Federal income tax return. MBIA&#146;s intercompany payables established pursuant to this Section&nbsp;2.04(c) shall be
settled through offset against future payments due from the Noninsurance Subsidiary under this Agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.05. <U>New York Insurance Members</U>. As required by Circular 33, if the amount paid by any New York
Insurance Member to MBIA for Federal income taxes is greater than the actual payment made by MBIA to the IRS, then cash or securities having a value equal to the difference shall be placed by MBIA in an escrow account (&#147;Escrow Account&#148;) in
order to assure such New York Insurance Member&#146;s enforceable right to recover its payment in the event that such New York Insurance Member generates a future loss which may be carried back to the year with respect to which such payment was
made. The assets held in the Escrow Account shall be assets eligible as an investment for the New York Insurance Member pursuant to Circular 33. Assets may be released from the Escrow Account to (i)&nbsp;the applicable New York Insurance Member at
such time as, and to the extent that, such New York Insurance Member is entitled to recover such assets pursuant to Section&nbsp;2.03 or 2.07 as a result of the carryback or carryforward of any tax attribute and (ii)&nbsp;MBIA at such time as the
permissible period for loss carrybacks applicable to such assets has elapsed. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.06. <U>Redetermination</U>. In the event of any adjustment to the tax
return of the Consolidated Group as filed (including, without limitation, by reason of an amended return, claim for refund or an audit by the Internal Revenue Service), the liability of MBIA and the Subsidiaries shall be redetermined to give effect
to any such adjustment as if it had been made as part of the original computation of tax liability. Payments shall be made within 30 days of any corresponding payments to the Internal Revenue Service or the receipt of any refund from the Internal
Revenue Service. Any payments shall include interest and penalties equal to the amounts actually paid to, or received from, the Internal Revenue Service with respect to the redetermination of tax liabilities. MBIA shall calculate the amounts of any
such payments and shall give the Subsidiaries at least 10 days notice of any amounts payable by the Subsidiaries. All payments due under this Section&nbsp;2.06 shall be made in accordance with the principles of Section&nbsp;2.04(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.07. <U>Deconsolidation</U>. To the extent permitted by law, if a New York Insurance Member shall cease to be a member of the Consolidated Group,
(1)&nbsp;such New York Insurance Member shall elect to relinquish any carryback to any Consolidated Return Year of net operating losses, net capital losses, unused tax credits and other deductible or creditable tax attributes and (2)&nbsp;MBIA shall
make any election, pursuant to Treas. Reg. 1.1502-36(d)(6) (or any successor or comparable provision of law or regulations), necessary or appropriate to preserve such New York Insurance Member&#146;s ability to carry such deductible or creditable
tax attributes forward to subsequent tax years. If any New York Insurance Member shall cease to be a member of the Consolidated Group and, as of the close of the taxable year of the Consolidated Group that includes such cessation, such New York
Insurance Member shall have generated net operating losses, net capital losses, tax credits and other deductible or creditable tax attributes (i)&nbsp;that were utilized to reduce the tax liability of the Consolidated Group attributable to members
of the Consolidated Group other than such New York Insurance Member, so that such deductible or creditable tax attributes are not available as carrybacks or carryforwards to other taxable years of the New York Insurance Member and (ii)&nbsp;for
which such New York Insurance Member shall not have previously been compensated pursuant to this agreement, then MBIA will reimburse such New York Insurance Member for the use of those deductible or creditable tax attributes when and as such New
York Insurance Member would be entitled to use such deductible or creditable tax attributes to reduce its own federal income tax payments, whether as a member of another consolidated group or on a stand-alone basis. A New York Insurance Member that
ceases to be a member of the Consolidated Group shall not be entitled to any payment under this Agreement with respect to any carryback item arising after its deconsolidation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.08. <U>Payment of Consolidated Group Tax</U>. All payments of actual or estimated Federal income taxes owed by the Consolidated Group shall be paid to
the IRS by MBIA, and MBIA shall be entitled to receive any refunds of Federal income taxes owed to the Consolidated Group, subject to its tax sharing obligations set forth in this Agreement. Provided that a Subsidiary shall have made all payments
required to have been made by it pursuant to this Agreement for any Consolidated Return Year, MBIA shall hold such Subsidiary harmless from any claims by the IRS in connection with the Consolidated Group&#146;s Federal income tax liability, whether
under Section&nbsp;1.1502-6 of the Regulations or otherwise, for such Consolidated Return Year. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.09. <U>Earnings and Profits</U>. For purposes of
determining the earnings and profits of each member, the Consolidated Group shall elect to allocate the tax liability of the Consolidated Group among the members of the Consolidated Group in accordance with the method prescribed in
Section&nbsp;1552(a) (2)&nbsp;of the Code and Section&nbsp;1.1552-1(a)(2) of the Regulations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.10. <U>Interest</U>. In connection with any amounts
due and payable under this Agreement, interest shall be calculated based upon the same principles and rates applied by the IRS to the Consolidated Group tax liability or refund claim. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.11. <U>Priority of Agreement</U>. As between the parties, the provisions of this Agreement shall fix the
liability of each of the other as to the matters provided for herein even if payments made pursuant hereto are treated as capital contributions or distributions for Federal income tax purposes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;2.12. <U>Allocation of State and Local Income Tax Liability</U>. If a consolidated, combined or unitary tax return or report is filed in any state or local
jurisdiction principles and procedures analogous to the principles and procedures stated herein shall apply to determine each Subsidiary&#146;s liability in respect thereof and the payments to be made. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>ARTICLE III </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Tax Matters and Cooperation
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">3.01. <U>Disputes With the IRS</U>. Each Subsidiary hereby irrevocably appoints MBIA as its agent, and each Subsidiary hereby agrees that MBIA shall have
absolute authority, for purposes of: (i)&nbsp;preparing and filing consolidated Federal income tax returns for the Consolidated Group (including, without limitation, preparing and filing estimated tax returns, amended tax returns and claims for
refund, determining income tax return positions, selecting methods of accounting and making elections); (ii)&nbsp;representing any Subsidiary with respect to any consolidated Federal income tax audit or consolidated Federal income tax controversy
(including, without limitation, any proceeding with the IRS and any judicial proceedings, whether any such proceedings relate to a claim for additional taxes or a claim for refund of taxes), settling or compromising any claim for additional, or any
claim for refund of, Federal income taxes of any Subsidiary with respect to any issue that could affect an item reflected on the consolidated Federal income tax return of the Consolidated Group; (iii)&nbsp;engaging outside counsel, accountants and
other experts with respect to Federal income tax matters relating to any Subsidiary; and (iv)&nbsp;taking any other action in connection with tax matters relating to any Subsidiary, as MBIA, in its sole and absolute discretion, determines to be
necessary and appropriate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;3.02. <U>Cooperation and Exchange of Information</U>. Notwithstanding any termination of this Agreement pursuant to
Section&nbsp;4.01 below, each party shall retain, and shall agree to make available to the other during regular business hours, all material relevant to the determination of the Federal income tax liability of the Consolidated Group for all tax
periods to which this Agreement applies, including but not limited to, returns, supporting schedules, workpapers and relevant correspondence. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>ARTICLE IV </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Miscellaneous </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">4.01. <U>Duration</U>. This Agreement, as amended and restated through the latest date set forth in the Preamble hereto, shall apply to and remain in effect for all
payments of Federal income tax or estimated Federal income tax that become due and payable on or after January&nbsp;1, 2011 for any Consolidated Return Year. Notwithstanding the first sentence of this Section&nbsp;4.01, this Agreement shall be
terminated if (i)&nbsp;the parties agree in writing to such termination, on the date specified in such written agreement, (ii)&nbsp;with respect to any Subsidiary, membership in the Consolidated Group ceases or is terminated for any reason
whatsoever, as of the last day of the taxable year of the Consolidation Group that includes such cessesation, or (iii)&nbsp;the Consolidated Group shall fail to file a consolidated Federal income tax return for any year, as of the last day of the
year preceding the first year for which a consolidated Federal income tax return is not filed. Notwithstanding any termination of this Agreement, its provisions shall remain in effect with respect to any period of time during the tax year in which
termination occurs, for which the income of the terminating party must be included in the Consolidated Group&#146;s tax return. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;4.02. <U>Expenses</U>.
MBIA shall be authorized to retain accountants and attorneys for the purpose of preparing returns or claims provided for herein or for the purpose of pursuing any controversies with the IRS. Each member of the Consolidated Group shall pay the costs
reasonably allocated to it for employing such attorneys and accountants (including associated court costs). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;4.03. <U>Controlling Law</U>. This
Agreement is made under the laws of the State of New York. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">5 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;4.04. <U>Resolution of Disputes</U>. Any disputes arising from the implementation of the terms and conditions
of this Agreement shall be resolved by a single arbitrator, which shall be a nationally recognized public accounting firm selected by MBIA, whose fees and expenses shall be paid by MBIA. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;4.05. <U>Retention of Records</U>. MBIA and each Subsidiary agree to retain all material records and other documents as required under Section&nbsp;6001 of
the Code and the Treasury Regulations promulgated thereunder existing on the date hereof or created in respect of any taxable period that may be subject to a claim hereunder, until the later of (x)&nbsp;the expiration of the statute of limitations
(including extensions) for the taxable periods to which such income tax returns and other documents relate and (y)&nbsp;the Final Determination of any payments that may be required in respect of such taxable periods under this Agreement. MBIA shall
notify each Subsidiary whenever the applicable statute of limitations for any taxable period, including extensions, expires. From and after the end of the period described in the first sentence of this Section&nbsp;4.05, if a Subsidiary wishes to
dispose of any such records and documents, then such Subsidiary shall provide written notice thereof to MBIA and shall provide MBIA the opportunity to take possession of any such records and documents within 90 days after such notice is delivered,
at MBIA&#146;s sole cost and expense; provided, however, that if MBIA does not, within such 90-day period, confirm its intention to take possession of such records and documents, such Subsidiary may destroy or otherwise dispose of such records and
documents. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;4.06. <U>Binding Effect</U>. This Agreement shall be binding upon, enforceable by and against and inure to the benefit of the parties
hereto, including, for the avoidance of doubt, any entity that from time to time becomes a party hereto subsequent to the date hereof by executing and delivering a signature page, and the respective successors and assigns of the parties hereto. This
agreement shall not be assignable by any party without the prior written consent of the other parties. This Agreement may be amended or modified at any time by prior mutual agreement in writing; provided, however, that this Agreement may not be
amended or modified without the prior approval or non-disapproval of, or notification to, the Superintendent of the New York State Insurance Department to the extent required by Circular 33 or any provision of the insurance laws or regulations of
the State of New York. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Section&nbsp;4.07. <U>Interpretation and Application</U>. In the event of any question regarding the interpretation or application of this
Agreement, it is the intention of the parties hereto that this Agreement be interpreted and applied so that the tax charge to any New York Insurance Member hereunder (as computed for all tax years subject to this Agreement) shall not be more than
such New York Insurance Member would have paid if it had filed its tax returns on a separate company basis. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">6 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">IN WITNESS WHEREOF, the parties have caused the signatures of their duly authorized offices to be hereto affixed. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">CAH ASSET HOLDINGS, INC.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Ram D. Wertheim</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Ram D. Wertheim</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">CAPMAC HOLDINGS INC</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Ram D. Wertheim</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Ram D. Wertheim</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">CUTWATER ASSET MANAGEMENT CORP.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Clifford D. Corso</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Clifford D. Corso</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Chief Executive Officer and</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:ARIAL">Chief Investment
Officer</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">CUTWATER COLORADO INVESTOR SERVICES CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Clifford D. Corso</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Clifford D. Corso</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Chief Executive Officer and</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:ARIAL">Chief Investment
Officer</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">CUTWATER INVESTOR SERVICES CORP.</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Clifford D. Corso</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Clifford D. Corso</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Chief Executive Officer and</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:ARIAL">Chief Investment
Officer</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">LATAM CAPITAL ADVISORS, INC.</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Alfred C. Pastore</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Alfred C. Pastore</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Treasurer</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MBIA CAPITAL CORP.</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Alfred C. Pastore</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Alfred C. Pastore</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MBIA INC.</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ C. Edward Chaplin</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">C. Edward Chaplin</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President, Chief Financial Officer and Chief Administrative Officer</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MBIA INSURANCE CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ William C. Fallon</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">William C. Fallon</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President and Chief Operating Officer</TD></TR></TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">7 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MBIA INVESTMENT MANAGEMENT CORP.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Alfred C. Pastore</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Alfred C. Pastore</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MBIA SERVICES COMPANY</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ William C. Fallon</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">William C. Fallon</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MUNICIPAL ISSUERS SERVICE CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ C. Edward Chaplin</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">C. Edward Chaplin</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">NATIONAL PUBLIC FINANCE GUARANTEE CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ William C. Fallon</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">William C. Fallon</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President and Chief Executive Officer</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">NATIONAL PUBLIC FINANCE GUARANTEE HOLDINGS, INC.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ William C. Fallon</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">William C. Fallon</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">OPTINUITY ALLIANCE RESOURCE CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ C. Edward Chaplin</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">C. Edward Chaplin</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President, Chief Executive Officer and Chief Administrative Officer</TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">TRIPLE - A ONE FUNDING CORPORATION</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL">/s/ Alfred C. Pastore</P></TD></TR></TABLE></DIV> <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">Alfred C. Pastore</TD></TR>
<TR STYLE="font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">President</TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">8 </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.INS
<SEQUENCE>10
<FILENAME>mbi-20141231.xml
<DESCRIPTION>XBRL INSTANCE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no" ?>
<!-- XBRL 2.1 & Dimensional Validation Status: Passed -->
<!-- XSD Content Model Validation Status: Passed -->
<!-- CDM/Internal Validation Status: Passed -->
<!-- EFM Validation Status: Failed -->
<!-- Formula Linkbase Validation Status: Not Performed -->
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.2 -->
<xbrli:xbrl xmlns:country="http://xbrl.sec.gov/country/2013-01-31" xmlns:dei="http://xbrl.sec.gov/dei/2013-01-31" xmlns:invest="http://xbrl.sec.gov/invest/2013-01-31" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:mbi="http://www.mbia.com/20141231" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:stpr="http://xbrl.sec.gov/stpr/2011-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2013-01-31" xmlns:us-roles="http://fasb.org/us-roles/2013-01-31" xmlns:us-types="http://fasb.org/us-types/2013-01-31" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.mbia.com/20141231 mbi-20141231.xsd http://www.xbrl.org/2009/role/negated http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd http://fasb.org/us-gaap/2013-01-31 http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd http://fasb.org/us-types/2013-01-31 http://xbrl.fasb.org/us-gaap/2013/elts/us-types-2013-01-31.xsd http://www.xbrl.org/dtr/type/numeric http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd http://www.xbrl.org/dtr/type/non-numeric http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd http://fasb.org/us-roles/2013-01-31 http://xbrl.fasb.org/us-gaap/2013/elts/us-roles-2013-01-31.xsd http://www.xbrl.org/2006/ref http://www.xbrl.org/2006/ref-2006-02-27.xsd http://xbrl.sec.gov/dei/2013-01-31 http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd http://xbrl.sec.gov/invest/2013-01-31 http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd http://xbrl.sec.gov/country/2013-01-31 http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd http://xbrl.sec.gov/stpr/2011-01-31 http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd">
  <link:schemaRef xlink:href="mbi-20141231.xsd" xlink:type="simple"/>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_NonVariableInterestEntitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:NonVariableInterestEntitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:InsuredIssuesDesignatedAsClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanTwentyFivePercentToFiftyPercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:FairValueBelowBookValueGreaterThanFivePercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:BelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:NotRatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:OtherInsurersMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ConsumerAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossReservesClaimLiabilityMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossReservesClaimLiabilityMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LoanRepurchaseCommitmentsMember_mbi_ClassifiedStatusAxis_mbi_IneligibleLoanRecoveriesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:IneligibleLoanRecoveriesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFiftyPercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:NotRatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:NotRatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysA1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">us-gaap:AsiaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_BETValuationModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:BETValuationModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_MediumTermNotesAndOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_EmbeddedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:MediumTermNotesAndOtherInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:EmbeddedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">us-gaap:ScenarioForecastMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-12-01</xbrli:startDate>
      <xbrli:endDate>2015-05-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:ExcessSpreadMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:ExcessSpreadMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_InvestmentsCarriedAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:InvestmentsCarriedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFifteenPercentToTwentyFivePercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:BelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherLocationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:InsuredIssuesDesignatedAsClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ConsumerAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:TotalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFivePercentToFifteenPercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAaaRatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AllOtherSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:OtherInsurersMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AllOtherSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFivePercentToFifteenPercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAaaRatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysBaa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAaaRatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:BelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:OtherInsurersMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:NettingAndCollateralMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_mbi_BETValuationModelMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueConcentrationOfRiskDisclosureItemsAxis">mbi:BETValuationModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis">us-gaap:FinancialGuaranteeInsuranceSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaUkMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_BetanddualdefaultvaluationmodelsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:BetanddualdefaultvaluationmodelsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_VariableInterestEntityNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_VariableInterestEntityNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_MediumTermNotesAndOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_EmbeddedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:MediumTermNotesAndOtherInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:EmbeddedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanTwentyFivePercentToFiftyPercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysBaa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysBaa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAaaRatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AllOtherSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:GB</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember_us-gaap_ValuationAllowancesAndReservesTypeAxis_mbi_RateReductionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">us-gaap:ScenarioForecastMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationAllowancesAndReservesTypeAxis">mbi:RateReductionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-12-01</xbrli:startDate>
      <xbrli:endDate>2015-05-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LoanRepurchaseCommitmentsMember_mbi_ClassifiedStatusAxis_mbi_IneligibleLoanRecoveriesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:IneligibleLoanRecoveriesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:NettingAndCollateralMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:NettingAndCollateralMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:TotalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFifteenPercentToTwentyFivePercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysA1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:NotRatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CurrencySwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CurrencySwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_BETValuationModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:BETValuationModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MunicipalBondsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:NettingAndCollateralMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysA1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:GB</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRmbsIneligibleMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienRmbsIneligibleMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:ExcessSpreadMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossReservesClaimLiabilityMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossReservesClaimLiabilityMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFiftyPercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AbsMbsCorporateObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysBaa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysA1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:EuropeExcludingUnitedKingdomMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAa1RatingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:EuropeExcludingUnitedKingdomMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CentralAndSouthAmericaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CentralAndSouthAmericaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienRMBSSecuritizationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MunicipalBondsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:NettingAndCollateralMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:BelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:NettingAndCollateralMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:FairValueBelowBookValueGreaterThanFivePercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienRMBSSecuritizationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:ExcessSpreadMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">us-gaap:AsiaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedLoanObligationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedLoanObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPrimeFinancingReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPrimeFinancingReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_InvestmentsCarriedAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:InvestmentsCarriedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPrimeFinancingReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPrimeFinancingReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:FixedMaturitySecuritiesHeldAtFairValueVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis">us-gaap:FinancialGuaranteeInsuranceSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherLocationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-12-01</xbrli:startDate>
      <xbrli:endDate>2015-05-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">us-gaap:ScenarioForecastMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-12-01</xbrli:startDate>
      <xbrli:endDate>2015-05-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CentralAndSouthAmericaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CentralAndSouthAmericaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:FairValueBelowBookValueGreaterThanFivePercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_BetanddualdefaultvaluationmodelsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:BetanddualdefaultvaluationmodelsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienRMBSSecuritizationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienRMBSSecuritizationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:FixedMaturitySecuritiesHeldAtFairValueVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_MarchThirtyOneTwoThousandFifteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:MarchThirtyOneTwoThousandFifteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_JuneThirtyTwoThousandFifeteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:JuneThirtyTwoThousandFifeteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_SeptemberThirtyTwoThousandFifeteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:SeptemberThirtyTwoThousandFifeteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandFifeteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandFifeteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandSixteenrMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandSixteenrMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandSeventeenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandSeventeenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandEighteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandEighteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandTwentyNineteenMemberMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandTwentyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyNineMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandTwentyNineMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UpfrontMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:InstallmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:AccretionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CountrySpecificMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CountrySpecificMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:CA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:CA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NY</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NY</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:IL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:IL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:FL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:FL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:TX</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:TX</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NJ</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NJ</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_MI">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:MI</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_MI">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:MI</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_PA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:PA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_WA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:WA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:PR</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:SubTotalInsuranceInForceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:SubTotalInsuranceInForceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationLeaseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationLeaseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TaxBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TaxBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HigherEducationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HigherEducationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HealthCareMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HealthCareMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MilitaryHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MilitaryHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InvestorOwnedUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InvestorOwnedUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:OtherPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:OtherPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TaxBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TaxBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InternationalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InternationalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:SovereignRelatedAndSubSovereignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:SovereignRelatedAndSubSovereignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_LocalGovernmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:LocalGovernmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_LocalGovernmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:LocalGovernmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis">us-gaap:FinancialGuaranteeInsuranceSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:ResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:ResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OverseasPrivateInvestmentCorporationMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAAPlusRatingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysAaaRatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingStandardPoorsAxis">us-gaap:StandardPoorsAAPlusRatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:OverseasPrivateInvestmentCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_PropertyPlantAndEquipmentByTypeAxis_us-gaap_LeaseholdImprovementsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis">us-gaap:LeaseholdImprovementsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_PropertyPlantAndEquipmentByTypeAxis_us-gaap_FurnitureAndFixturesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis">us-gaap:FurnitureAndFixturesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_PropertyPlantAndEquipmentByTypeAxis_us-gaap_ComputerEquipmentMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:PropertyPlantAndEquipmentByTypeAxis">us-gaap:ComputerEquipmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Jun30_2014_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-06-30</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GuaranteesOfDerivativeContractsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GuaranteesOfDerivativeContractsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementContractsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:InvestmentAgreementContractsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementContractsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:InvestmentAgreementContractsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_MinimumSurplusAndContingencyReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:MinimumSurplusAndContingencyReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_LossReservesAndUnearnedPremiumReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:LossReservesAndUnearnedPremiumReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PolicyholdersSurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PolicyholdersSurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_SurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:SurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:DebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Sep30_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-09-30</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:VariableInterestEntityDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:ShortTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:EquityAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">us-gaap:AvailableforsaleSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:InvestmentsAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:OtherAggregatedInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:ShortTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:InvestmentsAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">us-gaap:HeldtomaturitySecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_InvestmentsCarriedAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:InvestmentsCarriedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_VariableInterestEntityNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysBaa1RatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingStandardPoorsAxis">us-gaap:StandardPoorsAARatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:AssuredGuarantyReLtdMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyCorpMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA3RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">us-gaap:MoodysA3RatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingStandardPoorsAxis">us-gaap:StandardPoorsAARatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:AssuredGuarantyCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OtherReinsurersMember_us-gaap_CreditRatingMoodysAxis_mbi_Moodysa2OrAboveRatingMember_us-gaap_CreditRatingStandardPoorsAxis_mbi_StandardpoorsaminusoraboveratingmemberMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingMoodysAxis">mbi:Moodysa2OrAboveRatingMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditRatingStandardPoorsAxis">mbi:StandardpoorsaminusoraboveratingmemberMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:OtherReinsurersMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_GlobalFundingLimitedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">mbi:GlobalFundingLimitedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_GlobalFundingLimitedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">mbi:GlobalFundingLimitedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:DefinedContributionPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:QualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:DefinedContributionPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:DefinedContributionPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:QualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:QualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2008-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBWarrantsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:ClassBWarrantsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2008-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBTwoWarrantsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:ClassBTwoWarrantsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2008-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-08-05</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBWarrantsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:ClassBWarrantsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-08-05</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBTwoWarrantsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:ClassBTwoWarrantsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-08-05</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:GrossupWarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-08-05</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_May06_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BlueRidgeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:BlueRidgeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-05-06</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_May05_2013_TO_May06_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BlueRidgeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:BlueRidgeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-05-05</xbrli:startDate>
      <xbrli:endDate>2013-05-06</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Feb01_2007_TO_Feb01_2007_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwoThousandAndSevenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2007-02-01</xbrli:startDate>
      <xbrli:endDate>2007-02-01</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Feb02_2007_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwoThousandAndSevenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2007-02-02</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwoThousandAndSevenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:LongTermIncentivePlanMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:LongTermIncentivePlanMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Aug04_2013_TO_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:WarburgPincusMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:GrossupWarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-08-04</xbrli:startDate>
      <xbrli:endDate>2013-08-05</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InsuranceCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InsuranceCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_mbi_UnaffiliatedInvestorsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InsuranceCorporationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:UnaffiliatedInvestorsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2011-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:OmnibusPlanMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_AfterAmendmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:OmnibusPlanMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:AfterAmendmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_PriorToAmendmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:OmnibusPlanMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:PriorToAmendmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_RestrictedShareUnitMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:RestrictedShareUnitMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_RestrictedShareUnitMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:RestrictedShareUnitMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:GB</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:EuropeExcludingUnitedKingdomMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CentralAndSouthAmericaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CentralAndSouthAmericaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">us-gaap:AsiaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherLocationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:StructuredFinanceAndInternationalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:ConduitsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-12-01</xbrli:startDate>
      <xbrli:endDate>2014-11-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ForeclosureMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:ForeclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-12-01</xbrli:startDate>
      <xbrli:endDate>2014-11-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_RealEstateOwnedMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:RealEstateOwnedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-12-01</xbrli:startDate>
      <xbrli:endDate>2014-11-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_BankruptcyMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:LoanStatusAxis">mbi:BankruptcyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-12-01</xbrli:startDate>
      <xbrli:endDate>2014-11-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_DelinquencyPeriodAxis_mbi_AltMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DelinquencyPeriodAxis">mbi:AltMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-12-01</xbrli:startDate>
      <xbrli:endDate>2014-11-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-12-01</xbrli:startDate>
      <xbrli:endDate>2014-11-30</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:DomesticMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:ForeignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:DomesticMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:ForeignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:DomesticMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:ForeignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Nov29_2014_TO_May31_2016_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">us-gaap:ScenarioForecastMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-11-29</xbrli:startDate>
      <xbrli:endDate>2016-05-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_NonInsuredCreditDefaultSwapsMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:NonInsuredCreditDefaultSwapsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_NonInsuredCreditDefaultSwapsVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:NonInsuredCreditDefaultSwapsVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CurrencySwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CurrencySwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentsGainLossByHedgingRelationshipAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Jan16_2008_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2008-01-16</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaCorpSurplusNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaCorpSurplusNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalPublicFinanceGuaranteeHoldingsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_TrifiniumHoldingsLimitedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:TrifiniumHoldingsLimitedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalPublicFinanceGuaranteeHoldingsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaServicesCorporationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaServicesCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_CapmacHoldingsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:CapmacHoldingsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaServicesCorporationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaServicesCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaAssetFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaAssetFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_EuroAssetAcquisitionLimitedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:EuroAssetAcquisitionLimitedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DerivativeByNatureAxis_us-gaap_SecuritiesPledgedAsCollateralMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeByNatureAxis">us-gaap:SecuritiesPledgedAsCollateralMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DerivativeByNatureAxis_us-gaap_SecuritiesPledgedAsCollateralMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeByNatureAxis">us-gaap:SecuritiesPledgedAsCollateralMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:ConsumerAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:ConsumerAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:CorporateAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:CorporateAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_EquitySecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:EquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_EquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:EquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorPropertyClassAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorPropertyClassAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorPropertyClassAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorPropertyClassAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorPropertyClassAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorPropertyClassAxis">us-gaap:AssetsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2012-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_PerformanceBasedAwardsMember_us-gaap_TitleOfIndividualAxis_mbi_KeyEmployeesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:PerformanceBasedAwardsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:TitleOfIndividualAxis">mbi:KeyEmployeesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_PerformanceBasedAwardsMember_us-gaap_TitleOfIndividualAxis_mbi_KeyEmployeesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:PerformanceBasedAwardsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:TitleOfIndividualAxis">mbi:KeyEmployeesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Dec31_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">us-gaap:ScenarioForecastMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:RmbsAndHelocAndCesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-12-31</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_InvestmentsAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">mbi:InvestmentsAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_FacilityMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">mbi:FacilityMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:CashMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansReceivableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_InvestmentsAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">mbi:InvestmentsAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_FacilityMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">mbi:FacilityMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:CashMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansReceivableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_NotesPayableOtherPayablesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:NotesPayableOtherPayablesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansPayableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:LoansPayableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_NotesPayableOtherPayablesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:NotesPayableOtherPayablesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansPayableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:LoansPayableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis">mbi:FourPointZeroTwoToFiftySevenPointSevenOneMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis">mbi:FiftyEightPointEightFourToSeventyPointEightSixMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis">mbi:FourPointZeroTwoToFiftySevenPointSevenOneMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis">mbi:FiftyEightPointEightFourToSeventyPointEightSixMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_mbi_OptionsExercisableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis">mbi:OptionsExercisableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_mbi_OptionsExercisableMember_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis">mbi:FiftyEightPointEightFourToSeventyPointEightSixMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis">mbi:OptionsExercisableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_mbi_OptionsExercisableMember_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis">mbi:FourPointZeroTwoToFiftySevenPointSevenOneMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis">mbi:OptionsExercisableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Nov04_2014_TO_Nov05_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwothousandfourteenrepurchaseauthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-11-04</xbrli:startDate>
      <xbrli:endDate>2014-11-05</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwothousandfourteenrepurchaseauthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:LiabilitiesheldforsaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PayableforloanspurchasedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:LiabilitiesheldforsaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PayableforloanspurchasedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:LiabilitiesheldforsaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PayableforloanspurchasedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:LiabilitiesheldforsaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PayableforloanspurchasedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_PA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:PA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_WA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:WA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:PR</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:AdvisoryServicesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis">mbi:FixedMaturitySecuritiesHeldAtFairValueVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienRMBSReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MunicipalBondsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MunicipalBondsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:ClassifiedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:OtherLossesAndLossAndLossAdjustmentExpenseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:OtherLossesAndLossAndLossAdjustmentExpenseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:OtherLossesAndLossAndLossAdjustmentExpenseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RemedialActionsForInsuredObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RemedialActionsForInsuredObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2012-01-01</xbrli:startDate>
      <xbrli:endDate>2012-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RemedialActionsForInsuredObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RemedialActionsForInsuredObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RemedialActionsForInsuredObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RemedialActionsForInsuredObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:CdoPortfolioMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">us-gaap:FinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:CdoPortfolioMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">us-gaap:FinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">us-gaap:FinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">us-gaap:FinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2013-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:CdoPortfolioMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:ClassifiedStatusAxis">mbi:CdoPortfolioMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BankOfAmericaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:BankOfAmericaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_SocietegeneraleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:SocietegeneraleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2013-01-01</xbrli:startDate>
      <xbrli:endDate>2013-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2014-01-01</xbrli:startDate>
      <xbrli:endDate>2014-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan13_2015_TO_Jan13_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-13</xbrli:startDate>
      <xbrli:endDate>2015-01-13</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Feb26_2015_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-02-26</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:unit id="Issues">
    <xbrli:measure>utr:issue</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Lawsuits">
    <xbrli:measure>utr:Lawsuits</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="myYears">
    <xbrli:measure>mbi:Y</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Policies">
    <xbrli:measure>utr:policy</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="pure">
    <xbrli:measure>xbrli:pure</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Security">
    <xbrli:measure>utr:security</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="SecurityLoan">
    <xbrli:measure>utr:securityloan</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="shares">
    <xbrli:measure>xbrli:shares</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="USD">
    <xbrli:measure>iso4217:USD</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="USD_per_Unit">
    <xbrli:divide>
      <xbrli:unitNumerator>
        <xbrli:measure>iso4217:USD</xbrli:measure>
      </xbrli:unitNumerator>
      <xbrli:unitDenominator>
        <xbrli:measure>utr:unit</xbrli:measure>
      </xbrli:unitDenominator>
    </xbrli:divide>
  </xbrli:unit>
  <xbrli:unit id="USDPerShare">
    <xbrli:divide>
      <xbrli:unitNumerator>
        <xbrli:measure>iso4217:USD</xbrli:measure>
      </xbrli:unitNumerator>
      <xbrli:unitDenominator>
        <xbrli:measure>xbrli:shares</xbrli:measure>
      </xbrli:unitDenominator>
    </xbrli:divide>
  </xbrli:unit>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_0" unitRef="USD">1051000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1" unitRef="USD">729000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3" unitRef="USD">3278000000</us-gaap:StockholdersEquity>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="0" id="ID_4" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="0" id="ID_5" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_6" unitRef="USD">2651000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_7" unitRef="USD">506000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_8" unitRef="USD">7000000</mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_9" unitRef="USD">3000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_10" unitRef="shares">281352782</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_11" unitRef="USD">21000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_12" unitRef="USD">35000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <mbi:VieInterestNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_13" unitRef="USD">77000000</mbi:VieInterestNet>
  <dei:DocumentType contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_14">10-K</dei:DocumentType>
  <dei:EntityCurrentReportingStatus contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_15">Yes</dei:EntityCurrentReportingStatus>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_16" unitRef="USD">16953000000</us-gaap:Assets>
  <us-gaap:NotesPayableFairValueDisclosure contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_17" unitRef="USD">197000000</us-gaap:NotesPayableFairValueDisclosure>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_18" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:Cash contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_19" unitRef="USD">53000000</us-gaap:Cash>
  <mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_20" unitRef="USD">21000000</mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestValue>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_21" unitRef="USD">1000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_22" unitRef="USD">3128000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_23" unitRef="USD">229000000</us-gaap:OtherAssets>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_24" unitRef="USD">1810000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_25" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_26" unitRef="shares">89409887</us-gaap:TreasuryStockShares>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_27" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_28" unitRef="USD">641000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_29" unitRef="USD">39000000</us-gaap:InterestExpense>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_30" unitRef="USD">281000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember" decimals="INF" id="ID_31" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_32" unitRef="USD">35000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_33" unitRef="USD">216000000</us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve>
  <mbi:VieInterestNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_34" unitRef="USD">90000000</mbi:VieInterestNet>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_35" unitRef="USD">-25000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_36">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Stock-Based Compensation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provided. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 16: Long-term Incentive Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion regarding the methodology utilized in recogniz&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing employee stock compensation expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_37" unitRef="USD">14136000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_38" unitRef="USD">123000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_39" unitRef="USD">39000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_40" unitRef="USD">9251000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_41" unitRef="USD">120000000</us-gaap:Investments>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_42" unitRef="USD">51000000</us-gaap:UnearnedPremiums>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_43" unitRef="USD">2453000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_44" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_45" unitRef="Policies">299</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="INF" id="ID_46" unitRef="Issues">26</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_47" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_48" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_49" unitRef="USD">506000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_NonVariableInterestEntitiesMember" decimals="-8" id="ID_50" unitRef="USD">900000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_51" unitRef="USD">-79000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_52" unitRef="USD">6000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_53" unitRef="USD">359000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_54" unitRef="USD">4051000000</mbi:FinancialGuaranteeGross>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_55" unitRef="USD">2774000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_56" unitRef="USD">4285000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_57" unitRef="USD">5000000</us-gaap:OtherInvestments>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_58" unitRef="USD">2388000000</mbi:FinancialGuaranteeGross>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_59" unitRef="USD">275000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_60" unitRef="USD">-172000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_61" unitRef="USD">260000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_62" unitRef="USD">181000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_63" unitRef="USD">1554000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_64" unitRef="USD">422000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_65" unitRef="USD">86000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_66" unitRef="USD">209000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_67" unitRef="USD">12000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_68" unitRef="USD">202000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_69" unitRef="USD">1167000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_70" unitRef="USD">10000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_71" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_72" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_73" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_74" unitRef="USD">136000000</us-gaap:AvailableForSaleSecurities>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_75" unitRef="USD">181000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_76" unitRef="USD">60000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_77" unitRef="USD">69000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_78" unitRef="USD">1220000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_79" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_80" unitRef="USD">0</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_81" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_82" unitRef="USD">713000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_83" unitRef="USD">857000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_84" unitRef="USD">0</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_85" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_86" unitRef="USD">30000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_87" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_88" unitRef="USD">266000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="INF" id="ID_89" unitRef="Security">2</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_90" unitRef="USD">140000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_91" unitRef="USD">31000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_92" unitRef="USD">38000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_93" unitRef="USD">67000000</mbi:FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_94" unitRef="USD">2000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_95" unitRef="USD">0</mbi:AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_96" unitRef="USD">757000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_97" unitRef="USD">9481000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_98" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_99" unitRef="USD">9138000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_100" unitRef="USD">36000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_101" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_102" unitRef="USD">12000000</invest:DerivativeNotionalAmount>
  <us-gaap:ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_103">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9,481&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(244)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,044&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,450&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(248)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;437&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;241&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15,839&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(537)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:center;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23,954&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,132)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,945&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,495&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;496&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;99&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;280&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31,316&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,347)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_104" unitRef="USD">1132000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:CurrentFederalTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_105" unitRef="USD">0</us-gaap:CurrentFederalTaxExpenseBenefit>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_106" unitRef="USD">-13000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax>
  <us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_107" unitRef="USD">0</us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_108" unitRef="USD">12000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_109" unitRef="USD">-29000000</us-gaap:OtherIncome>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_110" unitRef="USD">267000000</mbi:SegmentExpense>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_111" unitRef="USD">494000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_112" unitRef="USD">245000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_113" unitRef="USD">397000000</us-gaap:PremiumsEarnedNet>
  <mbi:FeesAndReimbursements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_114" unitRef="USD">21000000</mbi:FeesAndReimbursements>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_115" unitRef="USD">793000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:EarningsPerShareDiluted contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="2" id="ID_116" unitRef="USDPerShare">1.29</us-gaap:EarningsPerShareDiluted>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_117" unitRef="USD">-6000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_118" unitRef="USD">2000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_119" unitRef="USD">108000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <mbi:IncreaseDecreaseInInsuranceLossRecoverable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_120" unitRef="USD">-3637000000</mbi:IncreaseDecreaseInInsuranceLossRecoverable>
  <us-gaap:IncreaseDecreaseInInterestPayableNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_121" unitRef="USD">106000000</us-gaap:IncreaseDecreaseInInterestPayableNet>
  <us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_122">&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Basis of Presentation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements have been prepared &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in accordance with accounting principles generally accepted in the United States of America (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GAAP&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The preparation of financial statements in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;revenues and expenses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ertain amounts have been reclassified in prior years&amp;#8217; financial statements to conform to the current presentation. These reclassifications had no impact on total revenues, expenses, assets, liabilities, or shareholders&amp;#8217; equity for all periods presented.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
  <us-gaap:IncomeTaxPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_123">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Income Taxes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Deferred income taxes are recorded with respect to loss carryforwards and temporary differences between the tax bases of assets and liabilities and the report&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed amounts in the Company&amp;#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Such temporary differences relate principally to premium revenu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e recognition, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred acquisition costs, unrealized gains or losses on investments and insured derivatives, asset impairments, cancellation of indebtedness income, and net operating losses. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Valuation allowances are established to reduce deferred tax asse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant authority.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc. and its eligible &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. subsidiaries file a consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ederal income tax return. The U.S. income taxes, which represent a majority of the taxes paid by the Company, are allocated based on the provisions of the&amp;#160;Company&amp;#8217;s tax sharing agreement which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;governs the intercompany&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; settlement of tax obligations and benefits. The method of allocation between the members is generally based upon separate-company calculations as if each member filed a separate tax return on its own.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; December 31, 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any member with a net operati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng loss (&amp;#8220;NOL&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stand-alone &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Each member with an NOL &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and credits &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rn them&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;out &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he fu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;H&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, based on current facts and circumstances, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;BIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has advised its subsidiaries that, its intention is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny member&amp;#8217;s NOL, capital loss or tax credit carryforward g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any subsidiary&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hout &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt such &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carryforward is u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on. Such intention is independent of the tax sharing agreement which does not require any such compensation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In establishing a liability for an unrecognized tax benefit (&amp;#8220;UTB&amp;#8221;), assumptions may be made in determining &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to be realized. A tax position is recognized only when, based on management&amp;#8217;s judgment regard&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is based on the Company&amp;#8217;s assessment of the largest amount of benefit that is more likely than&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled through negotiation with the taxing authority or is only subject to review in the courts. As new&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the amount previously recognized&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company recognizes an adjustment of the UTB.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional information about the Company&amp;#8217;s income taxes.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:IncomeTaxPolicyTextBlock>
  <us-gaap:DerivativesPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_124">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Derivatives&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA has entered into derivative transactions as a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lternative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;form of financial guarantee and for purposes of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;managing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; risks associated with existing assets and liabilities. All derivative instruments are re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ported&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; at fair value on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;balance sheet&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as either assets or liabilities depending on the rights or obligations under the contract, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes in fair value are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;statements of operations as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;et gains (losses) on financial instruments at fa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ir value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;Unrealized gains (losses) on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; depending on the nature of the derivative.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company elected to record at fair value certain financial instruments that contained an embedded derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;requir&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; bi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;furcation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; from the host contract and to be accounted for separately as a derivative instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. These &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hybrid financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instruments included certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;medium-term notes (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elected to fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hybrid &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instruments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;given the complexity of bifurcating the embedded derivatives.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion of the Company&amp;#8217;s use of derivatives and their impact on the Company&amp;#8217;s consolidated financial statements and &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; fo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r derivative valuation techniques and fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DerivativesPolicyTextBlock>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_125" unitRef="USD">4608000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_126" unitRef="USD">179000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_127" unitRef="USD">307000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_128" unitRef="USD">2740000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_129" unitRef="USD">1000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_130" unitRef="USD">19000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_131" unitRef="USD">96000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_132" unitRef="USD">361000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_133" unitRef="Policies">315</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="INF" id="ID_134" unitRef="Issues">18</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_135" unitRef="USD">201000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_136" unitRef="USD">22896000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_137" unitRef="Issues">180</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_138" unitRef="USD">435000000</mbi:SegmentExpense>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_139" unitRef="USD">644000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_140" unitRef="USD">259000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_141" unitRef="USD">44000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_142" unitRef="USD">7000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_143" unitRef="shares">31907852</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_144" unitRef="USD">1270000000</mbi:SegmentRevenue>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_145" unitRef="USD">47000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_146" unitRef="USD">58000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <dei:AmendmentFlag contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_147">false</dei:AmendmentFlag>
  <us-gaap:DeferredPolicyAcquisitionCosts contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_148" unitRef="USD">217000000</us-gaap:DeferredPolicyAcquisitionCosts>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_149" unitRef="USD">1427000000</us-gaap:MediumTermNotes>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_150" unitRef="USD">16953000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_151" unitRef="shares">277812430</us-gaap:CommonStockSharesIssued>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_152" unitRef="USD">5286000000</us-gaap:NotesPayable>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_153" unitRef="USD">4987000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_154" unitRef="USD">54000000</mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_155" unitRef="USD">5000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_156" unitRef="USD">2289000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_157" unitRef="USD">-103000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_158" unitRef="USD">253000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossReservesClaimLiabilityMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_159" unitRef="USD">580000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_160" unitRef="USD">4000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_161">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:291.75pt;text-align:center;border-color:Black;min-width:291.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:291.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:291.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;694&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(77)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;533&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(79)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;900&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(156)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;680&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,648&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3,011)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(33)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;694&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(91)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,980&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3,011)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;900&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:141pt;text-align:left;border-color:Black;min-width:141pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;border-color:Black;min-width:433.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock>
  <mbi:ReceivableForInvestmentsSold contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_162" unitRef="USD">69000000</mbi:ReceivableForInvestmentsSold>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_163" unitRef="USD">42000000</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_164" unitRef="USD">2899000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_165" unitRef="USD">71000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_166" unitRef="USD">52000000</us-gaap:AccruedInvestmentIncomeReceivable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_167" unitRef="USD">4492000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_168" unitRef="USD">444000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_169" unitRef="USD">6000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_170" unitRef="USD">38000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_171" unitRef="USD">1105000000</us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments>
  <mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_172" unitRef="USD">276000000</mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_173" unitRef="USD">6509000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_174" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_175" unitRef="USD">290000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_176" unitRef="USD">1936000000</us-gaap:AvailableForSaleSecurities>
  <invest:InvestmentTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_177">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;631&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;667&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,644&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,730&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;283&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;290&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,984&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,936&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;231&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;222&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,075&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;208&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(90)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;422&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;422&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,509&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;209&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,571&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(90)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;528&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;535&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,831&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,780&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,682&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,668&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,167&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;151&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;187&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,897&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,764&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;781&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;781&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities &lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,824&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,692&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</invest:InvestmentTableTextBlock>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_178" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:DerivativesOffsettingFairValueAmountsPolicy contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_179">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Offsetting of Fair Value Amounts Related to Derivative Instruments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the fair value amounts recognized for eligible derivative contracts executed with the same counterparty on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a net basis in the consolidated balance sheets. Accrued receivables and accrued payables which meet the offsetting criteria are netted separately from the derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amounts&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ther assets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; or &amp;#8220;O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ther liabilities.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Cash collateral is offset &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;against amounts recognized as derivative liabilities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and the related accrued interest &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for eligible derivative contracts. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for the impact of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;offsetting&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; eligible derivative contracts executed with the same counterparty on the conso&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DerivativesOffsettingFairValueAmountsPolicy>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_180" unitRef="USD">571000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_181" unitRef="USD">119000000</us-gaap:Investments>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_182" unitRef="USD">1000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_183" unitRef="USD">1367000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_184" unitRef="USD">9000000</us-gaap:Investments>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_185" unitRef="USD">18000000</mbi:InsuranceLossRecoverable>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_186" unitRef="USD">113000000</us-gaap:DerivativeLiabilities>
  <mbi:TotalEstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LoanRepurchaseCommitmentsMember_mbi_ClassifiedStatusAxis_mbi_IneligibleLoanRecoveriesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_187" unitRef="USD">359000000</mbi:TotalEstimatedInsuranceRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_188" unitRef="USD">8001000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_189" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_190" unitRef="USD">5000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="INF" id="ID_191" unitRef="Policies">19</mbi:NumberOfPolicies>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_192" unitRef="USD">24000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_193" unitRef="USD">189000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_194" unitRef="USD">2801000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_195" unitRef="USD">20000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_196" unitRef="USD">257000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_197" unitRef="USD">373000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_198" unitRef="USD">202000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_199" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_200" unitRef="USD">17000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_201" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_202" unitRef="USD">124000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_203" unitRef="USD">8000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_204" unitRef="USD">181000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_205" unitRef="USD">181000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_206" unitRef="USD">5000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_207" unitRef="USD">23000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_208" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_209" unitRef="USD">575000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_210" unitRef="Security">22</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_211" unitRef="USD">2000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_212" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_213" unitRef="USD">86000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_214" unitRef="USD">213000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_215" unitRef="USD">5000000</mbi:FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_216" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_217" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_218" unitRef="USD">175000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_219" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_220" unitRef="USD">15000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_221" unitRef="USD">7406000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_222" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_223" unitRef="USD">55000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_224" unitRef="USD">31316000000</invest:DerivativeNotionalAmount>
  <us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_225">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:111.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferral of cancellation of indebtedness income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;114&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred acquisition costs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized gains in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Compensation and employee benefits&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss and loss adjustment expense reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net operating loss and tax credit carryforwards&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;917&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Capital loss carryforward and other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;400&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net losses on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Alternative minimum tax credit carryforward&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred taxes on VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,680&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred tax asset&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,009&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:23.25pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:487.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:487.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;                                                          &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_226" unitRef="USD">50000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember" decimals="-6" id="ID_227" unitRef="USD">4000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_228">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:243.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 299&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 391&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 530&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United Kingdom&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Europe (excluding United Kingdom)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Central and South America&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asia&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 416&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 494&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock>
  <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_229" unitRef="shares">1241902</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
  <us-gaap:IncrementalCommonSharesAttributableToCallOptionsAndWarrants contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_230" unitRef="shares">1622877</us-gaap:IncrementalCommonSharesAttributableToCallOptionsAndWarrants>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_231" unitRef="USD">7459000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_232" unitRef="USD">20000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_233" unitRef="USD">7693000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_234" unitRef="USD">658000000</mbi:InsuranceLossRecoverable>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_235" unitRef="USD">133000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_236" unitRef="USD">4620000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_237" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_238" unitRef="USD">-24000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="INF" id="ID_239" unitRef="Policies">83</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_240" unitRef="USD">3829000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_241" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_242" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_243" unitRef="USD">533000000</mbi:InsuranceLossRecoverable>
  <mbi:ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_244" unitRef="USD">1000000</mbi:ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses>
  <mbi:ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_245">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Second-lien RMBS Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross Undiscounted &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:209.25pt;text-align:left;border-color:Black;min-width:209.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Potential&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_246" unitRef="USD">-12000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_247" unitRef="USD">-7000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_248" unitRef="USD">-38000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_249" unitRef="USD">109000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_250" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_251" unitRef="USD">-1000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_252" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_253" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_254" unitRef="USD">-12000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_255" unitRef="USD">24000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_256" unitRef="USD">28000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_257" unitRef="USD">64000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_258" unitRef="USD">103000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_259" unitRef="USD">38000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_260" unitRef="USD">92000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_261" unitRef="USD">43000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_262" unitRef="USD">43000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_263" unitRef="USD">735000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_BETValuationModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_264" unitRef="USD">1050000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_265" unitRef="USD">359000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_266" unitRef="USD">198000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_267" unitRef="USD">160000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <mbi:DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_268" unitRef="USD">456000000</mbi:DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting>
  <us-gaap:DerivativeFairValueOfDerivativeAsset contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_MediumTermNotesAndOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_EmbeddedMember" decimals="-6" id="ID_269" unitRef="USD">8000000</us-gaap:DerivativeFairValueOfDerivativeAsset>
  <mbi:TransfersIntoAndOutOfLevelOne contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_270" unitRef="USD">0</mbi:TransfersIntoAndOutOfLevelOne>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_271" unitRef="pure">0.12</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_272" unitRef="USD">459000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:Revenues contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_273" unitRef="USD">1270000000</us-gaap:Revenues>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_274" unitRef="USD">-137000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_275" unitRef="USD">5000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_276" unitRef="USD">78000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_277" unitRef="USD">384000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_278" unitRef="USD">236000000</us-gaap:InterestExpense>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_279" unitRef="pure">0.12</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_280" unitRef="USD">-6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <mbi:DecreaseInPercentageOfCurrentRollToLossForTransaction contextRef="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember" decimals="4" id="ID_281" unitRef="pure">0.25</mbi:DecreaseInPercentageOfCurrentRollToLossForTransaction>
  <us-gaap:EstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_282" unitRef="USD">681000000</us-gaap:EstimatedInsuranceRecoveries>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_283" unitRef="USD">7000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_284" unitRef="USD">1162000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_285" unitRef="USD">22000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_286" unitRef="USD">194000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_287" unitRef="USD">86000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_288" unitRef="USD">12000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_289" unitRef="USD">3463000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_290" unitRef="USD">154000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_291" unitRef="USD">23954000000</invest:DerivativeNotionalAmount>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_292" unitRef="pure">0.35</mbi:FairValueMeasurementRangePercentage>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_293" unitRef="USD">0</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_294" unitRef="USD">-182000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_InvestmentsCarriedAtFairValueMember" decimals="-6" id="ID_295" unitRef="USD">2000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_296" unitRef="USD">5499000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_297" unitRef="USD">52000000</us-gaap:AccruedInvestmentIncomeReceivable>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_298" unitRef="USD">1431000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_299" unitRef="USD">20000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_300" unitRef="USD">50000000</us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_301" unitRef="USD">1984000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_302" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_303" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_304" unitRef="USD">21000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_305" unitRef="USD">422000000</us-gaap:AvailableForSaleSecurities>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_306" unitRef="USD">77000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_307" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_308" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_309" unitRef="USD">38000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_310" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_311" unitRef="USD">5764000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_312" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_313" unitRef="USD">373000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_314" unitRef="USD">29000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_315" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_316" unitRef="USD">0</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_317" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_318" unitRef="USD">39000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_319" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_320" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_321" unitRef="USD">129000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="INF" id="ID_322" unitRef="Security">5</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_323" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_324" unitRef="USD">9000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_325" unitRef="USD">31000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_326" unitRef="USD">1000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember" decimals="-6" id="ID_327" unitRef="USD">39000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_328" unitRef="USD">1726000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_329" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_330" unitRef="USD">4044000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_331" unitRef="USD">13525000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_332" unitRef="USD">2049000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_333" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_334" unitRef="USD">2000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_335" unitRef="USD">11000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_336" unitRef="USD">36000000</invest:DerivativeNotionalAmount>
  <us-gaap:CurrentStateAndLocalTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_337" unitRef="USD">10000000</us-gaap:CurrentStateAndLocalTaxExpenseBenefit>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_338" unitRef="USD">29000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent>
  <us-gaap:ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_339">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Advisory&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Services&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Conduit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 189&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 616&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 458&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 459&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;to other-than-temporary &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 101&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (166)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 443&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 819&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (166)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,270&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 133&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 239&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 210&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 47&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (172)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 106&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 435&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (172)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 629&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 337&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 384&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (25)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 641&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 134&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (173)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 222&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 569&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 5,887&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 10,086&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 793&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3,328)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to intercompany&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        receivables and payables and intercompany loans.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Advisory&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Services&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Conduit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 425&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 644&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 229&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 69&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 60&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (29)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 237&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 233&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (270)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 518&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 716&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (232)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,209&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 117&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 157&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 384&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 236&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 56&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (272)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 267&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 418&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 288&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (272)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 251&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 298&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 416&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 169&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (110)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 250&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6,056&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 11,687&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3,652)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16,953&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to intercompany&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        receivables and payables and intercompany loans.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Represents the gain on the debt received as consideration in connection with the settlement with Bank of America.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Advisory&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Services&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Conduit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 548&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 243&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 880&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,463&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,464&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (158)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;to other-than-temporary &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (60)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (105)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 168&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (422)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 838&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,871&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (422)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,435&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 50&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 114&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 208&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (457)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 269&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 575&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 281&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (457)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 837&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,296&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (248)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (49)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,598&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 188&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (179)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (59)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 364&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 864&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6,887&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 17,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,721&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 694&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5,870)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 21,724&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        intercompany receivables and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany reinsurance balances, repurchase agreements and loans.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember" decimals="-6" id="ID_340" unitRef="USD">12000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:EarningsPerShareTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_341">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 17: Earnings Per Share&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Earnings p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is calculated using the two-class method in which earnings are allocated to common stock and participating securities based on their rights to receive nonforfeitable dividends or dividend equivalents. The Company grants &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;restricted stock and restricted stock units to certain employees and non-employee directors in accordance with the Company&amp;#8217;s long-term incentive programs, which entitle the participants to receive nonforfeitable dividends or dividend equivalents during the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; vesting period on the same basis as those dividends are paid to common shareholders. These unvested stock awards represent participating securities. During periods of net income, the calculation of earnings per share exclude the income attributable to par&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ticipating securities in the numerator and the dilutive impact of these securities from the denominator. During periods of net loss, no effect is given to participating securities in the numerator and the denominator excludes the dilutive impact of these s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecurities since they do not share in the losses of the Company.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Basic earnings per share exclude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; dilution and is computed by dividing net income&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; available to common shareholders&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by the weighted average number of common shares outstanding during the peri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;od. Diluted earnings per share reflects the dilutive effect of all stock options, warrants and unvested restricted stock outstanding during the period that could potentially result in the issuance of common stock. The dilution from stock options, warrants &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and unvested restricted stock&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;calculated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by applying the two-class method and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;using the treasury stock method. Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e treasury stock method &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;assumes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the proceeds from the exercise of stock options and warrants or the unrecognized compensation expense from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unvested restricted stock will be used to purchase shares of the Company&amp;#8217;s common stock at the average market price during the period. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;31,907,852&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;43,210,917&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;33,743,884&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;respectively, of stock options&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, warrants and unvested restricted stock outstanding &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that were antidilutive.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ll&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e computation of basic and diluted earnings per share f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and 2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:269.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions except share and per share amounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Basic earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:center;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;553&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;245&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,202&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,171,503&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189,071,011&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,834,626&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per basic common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;text-align:left;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Diluted earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: mark-to-market gain (loss) on warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;526&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;245&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,202&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,171,503&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189,071,011&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,834,626&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effect of common stock equivalents:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;  Stock options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,104,247&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,241,902&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,062,395&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;  Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,622,877&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Diluted weighted average shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;190,898,627&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;190,312,913&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189,897,021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per diluted common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; (1) Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:EarningsPerShareTextBlock>
  <us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_342" unitRef="USD">258000000</us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_343" unitRef="USD">1777000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_344" unitRef="USD">506000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_345" unitRef="USD">-31000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_346" unitRef="USD">569000000</us-gaap:NetIncomeLoss>
  <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_347" unitRef="shares">190312913</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_348" unitRef="USD">64000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_349" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_350" unitRef="USD">1235000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:EstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_351" unitRef="USD">533000000</us-gaap:EstimatedInsuranceRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_NonVariableInterestEntitiesMember" decimals="-8" id="ID_352" unitRef="USD">100000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_353" unitRef="USD">53000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_354" unitRef="USD">-33000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_355" unitRef="USD">4000000</us-gaap:OtherInvestments>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_356" unitRef="USD">2757000000</us-gaap:NotesPayable>
  <us-gaap:ScheduleOfFairValueOffBalanceSheetRisksTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_357">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued investment income&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Receivable for investments sold&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Facility&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;138&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,636&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,774&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,899&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;705&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;705&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;547&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,004&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,810&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for investments purchased&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,779&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,779&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,214&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,285&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,499&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,959&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Other assets&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Other liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued investment income&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Receivable for investments sold&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net cash collateral pledged&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Facility&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;103&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,655&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,933&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;814&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;814&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;700&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;927&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;927&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,224&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,702&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for investments purchased&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,443&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,492&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,935&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,587&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,388&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Other assets&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Other liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfFairValueOffBalanceSheetRisksTextBlock>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_358" unitRef="USD">2751000000</us-gaap:NotesPayable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_359" unitRef="USD">24000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_360" unitRef="USD">379000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_361" unitRef="USD">20000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_362" unitRef="USD">465000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_363" unitRef="USD">360000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_364" unitRef="USD">19000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_365" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_366" unitRef="USD">-85000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_367" unitRef="USD">48000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_368" unitRef="USD">105000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_369" unitRef="USD">22000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_370" unitRef="USD">1147000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_371" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_372" unitRef="USD">424000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_373" unitRef="USD">16000000</us-gaap:OtherInvestments>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_374" unitRef="USD">1986000000</us-gaap:UnearnedPremiums>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_375" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_376" unitRef="USD">2757000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_377" unitRef="USD">5064000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_378" unitRef="USD">8000000</us-gaap:OperatingExpenses>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_379" unitRef="USD">21000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_380" unitRef="USD">26000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_381" unitRef="USD">144000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <dei:CurrentFiscalYearEndDate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_382">--12-31</dei:CurrentFiscalYearEndDate>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_383" unitRef="USD">875000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:CommitmentsAndContingencies contextRef="AS_OF_Dec31_2014_Entity_0000814585" id="ID_384" unitRef="USD" xsi:nil="true"/>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_385" unitRef="USD">278000000</us-gaap:CommonStockValue>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_386" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:LoansReceivableFairValueDisclosure contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_387" unitRef="USD">1431000000</us-gaap:LoansReceivableFairValueDisclosure>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_388" unitRef="USD">437000000</us-gaap:DerivativeLiabilities>
  <mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_389" unitRef="USD">21000000</mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestValue>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_390" unitRef="USD">136000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_391" unitRef="shares">-513267</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_392" unitRef="USD">278000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_393" unitRef="USD">179000000</us-gaap:InterestPaidNet>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_394" unitRef="USD">1726000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:RepaymentsOfNotesPayable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_395" unitRef="USD">609000000</us-gaap:RepaymentsOfNotesPayable>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_396" unitRef="USD">13000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_397">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 2: Significant Accounting Policies&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Basis of Presentation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements have been prepared &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in accordance with accounting principles generally accepted in the United States of America (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GAAP&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The preparation of financial statements in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;revenues and expenses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ertain amounts have been reclassified in prior years&amp;#8217; financial statements to conform to the current presentation. These reclassifications had no impact on total revenues, expenses, assets, liabilities, or shareholders&amp;#8217; equity for all periods presented.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;nsolidation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company has a controlling financial interest. All intercompany balances and transactions have been elimin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;variable interest entity (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Voting interest entities are entities in which (i)&amp;#160;the total &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&amp;#160;the equity holders have the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity&amp;#8217;s a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ctivities. Voting interest entities are consolidated when the Company has a majority voting interest.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs are entities that lack one or more of the characteristics of a voting interest entity. The consolidation of a VIE is required if an entity has a vari&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest or interests give it a controlling financial interest in the VIE. A controlling financial inte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rest is present when an enterprise has both (a)&amp;#160;the power to direct the activities of a VIE that most significantly impact the entity&amp;#8217;s economic performance and (b)&amp;#160;the obligation to absorb losses or the right to receive benefits of the VIE that could pote&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ntially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. The Company consolidates all VIEs in which it is the primary beneficiary. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 4: Variable Interest Entities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or additional information.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company elected to apply the fair value option to all financial assets and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities of certain consolidated VIEs on a VIE-by-VIE basis.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company classifies its investments as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available-for-sale (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, held-to-maturity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;HTM&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or trading. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;FS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net of applicable deferred income taxes, reflected in accumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;AOCI&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in shareholders&amp;#8217; equity. Investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carried at fair value are reported in the consolidated balance sheet &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in fair value and realized gains and losses from the sale of these securities are reflected in earnings as part of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; Investments carried at fair value are classified &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as trading &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consist of debt securities held in portfolios that are actively managed and are subject to frequent buying an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d selling.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Short-term investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held as AFS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;include all fixed-maturity securities with a remaining effective term to maturity of less than one year, commercial paper and money market securities.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments are reported in the consolidated balance sh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eets at amortized cost. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ebt securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are classified as HTM investments when &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company has the ability and intent to hold such investments to maturity.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Investment income is recorded as earned.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bond discounts and premiums are amortized using the effecti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve yield method over the remaining term of the securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and reported in &amp;#8220;Net investment income.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mortgage-backed securities (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; discounts and premiums are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amortized using the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;retrospective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Other-Than-Temporary Impairments on Investment Securities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consolidated statements of operations reflect the full impairment (the difference between a security&amp;#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the ex&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pected recovery of the amortized cost basis. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss componen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t of the impairment is recognized in earnings. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, the remaining fair value loss is recognized in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of applicable deferred income taxes.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities for which the fair value is less than amortized cost are r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eviewed no less than quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; factors, including but not limited to (a)&amp;#160;the magnitude and duration of the decline, (b)&amp;#160;credit indicators and&amp;#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in cred&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it spreads, and the financial condition of the issuer, and (c)&amp;#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for ABS and CDOs are assessed using discounted cash flow mo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Cash, Cash Equivalents and Collateral&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Cash and cash equivalents include cash on hand&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;demand deposits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and deposits &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; banks with original maturities of less than 90 days.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Acquisition Costs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company capitalizes and defers &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acquisition costs &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that are directly related to the successful acquisition of new or renewal insurance business. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs are costs to acquir&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e an insurance contract which result directly from and is essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs include compensation of employees involv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs also include ceding commissions paid by the Company in conne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ction with assuming business from other financial guarantors. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Property and Equipment&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Property and equipment consists of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and, buildings, leasehold improvements, furniture, fixtures and equipment and software&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; owned by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. All property and equipment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held for use &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is recorded at cost and, except for land, is depreciated over the appropriate useful life of the asset using the straight-line method. Leasehold improvements are amortized over the useful life of the imp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rovement or the remaining term of the lease, whichever is shorter. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s balance sheet &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and any gain or loss on disposition is recognized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in earnings&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as a component of &amp;#8220;Other net realized gains (losses).&amp;#8221; Maintenance and repairs are charged to current earnings as incurred.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Property, leasehold improvements and equipment are tested for potential impairment whenever events or changes in circumstances sugg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;est that an asset&amp;#8217;s or asset group&amp;#8217;s carrying value may not be fully recoverable. An impairment loss, calculated as the difference between the estimated fair value and the carrying value of an asset or asset group, is recognized if the sum of the expected &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;undiscounted cash flows relating to the asset or asset group is less than the corresponding carrying value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s estimated remaining weighted average &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;useful lives of each class of assets &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held for use as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Leasehold improvements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Furniture and fixtures&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equipment and software&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Derivatives&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA has entered into derivative transactions as a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lternative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;form of financial guarantee and for purposes of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;managing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; risks associated with existing assets and liabilities. All derivative instruments are re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ported&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; at fair value on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;balance sheet&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as either assets or liabilities depending on the rights or obligations under the contract, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes in fair value are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;statements of operations as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;et gains (losses) on financial instruments at fa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ir value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;Unrealized gains (losses) on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; depending on the nature of the derivative.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company elected to record at fair value certain financial instruments that contained an embedded derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;requir&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; bi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;furcation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; from the host contract and to be accounted for separately as a derivative instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. These &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hybrid financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instruments included certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;medium-term notes (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elected to fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hybrid &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instruments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;given the complexity of bifurcating the embedded derivatives.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion of the Company&amp;#8217;s use of derivatives and their impact on the Company&amp;#8217;s consolidated financial statements and &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; fo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r derivative valuation techniques and fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Offsetting of Fair Value Amounts Related to Derivative Instruments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the fair value amounts recognized for eligible derivative contracts executed with the same counterparty on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a net basis in the consolidated balance sheets. Accrued receivables and accrued payables which meet the offsetting criteria are netted separately from the derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amounts&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ther assets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; or &amp;#8220;O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ther liabilities.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Cash collateral is offset &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;against amounts recognized as derivative liabilities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and the related accrued interest &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for eligible derivative contracts. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for the impact of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;offsetting&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; eligible derivative contracts executed with the same counterparty on the conso&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Measurements&amp;#8212;Definition and Hierarchy&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In determining fair value, the Company uses various valuation approaches, including both market and income approaches. The accounting guidance for fair value measurement establishes a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mpany believes that market participants would use in pricing the asset or liability developed based on market data. Unobservable inputs are those that reflect the Company&amp;#8217;s beliefs about the assumptions market participants would use in pricing the asset or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; liability developed based on the best information available. The hierarchy is broken down into three levels based on the observability and reliability of inputs as follows:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 1&amp;#8212;Valuations based on quoted prices in active markets for identical assets o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r liabilities that the Company has the ability to access. Assets utilizing Level 1 inputs generally include U.S. Treasuries, foreign government bonds, money market securities and certain corporate obligations that are highly liquid and actively traded.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2&amp;#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that are traded less frequently than excha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nge-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by obser&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vable market data. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 3&amp;#8212;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lue is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The level of activity in a market c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ontributes to the determination of whether an input is observable. An active market is one in which transactions for an asset or liability occurs with sufficient frequency and volume to provide pricing information on an ongoing basis. In determining whethe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r a market is active or inactive, the Company considers the following traits to be indicative of an active market:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transactions are frequent and observable;&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;prices in the market are current;&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;price quotes among dealers do&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; not vary significantly over time; and&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sufficient information relevant to valuation is publicly available.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The availability of observable inputs can vary from product to product and period to period and is affected by a wide variety of factors, including, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;arket, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair valu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ignificant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Fair value is a market-based measure considered from the perspective of a market participant rather than an entity-specific measure. Therefore, even when market assumptions are not readily available&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s own assumptions are set to reflect those that it believes market participants would use in pricing the asset or liability at the measurement date. The Company uses prices and inputs that are current as of the measurement date, including dur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing periods of market dislocation. In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition could cause an instrument to be reclassified from Level 1 to Level 2 or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2 to Level 3.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company has also taken into account its own nonperformance risk and that of its counterparties when measuring fair value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and Loss Adjustment Expenses&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes loss rese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is subsequently remeas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are recognized as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense in the period of change. Measurem&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ent and recognition of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on information available as of the meas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urement date, including market information. Accretion of the discount on a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows present valued at applicable risk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-free rates as of the measurement date. Such amounts are reported within &amp;#8220;Insurance loss recoverable&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;previous to a claim payment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, such recoveries are reclassified to &amp;#8220;Insurance loss recoverable&amp;#8221; upon payment of the related claim and remeasured each reporting period.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, insurance loss recoverable, and accruals for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss adjustment expense (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; incurred are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; disclosed in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investment Agreements and Medium-Term Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investment agreements and MTNs are carried at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the principal amount outstanding plus accrued interest and net of any unamortized premiums or discounts or at fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for certain MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Interest expense is accrued at the contractual interest rate. Premiums and discounts related to investment agreements and MTNs are amortized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported as interest expense based &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the effective&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; yield &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Long-term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Long-term debt is carried at&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the principal amount outstanding plus accrued interest and net of any unamortized discounts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Financial Guarantee Insurance Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Unearned Premium Revenue and Receivable for Future Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes a liability for unearned premium revenue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contract is measured at the present value of the premium due. For most financial guarantee i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certain other financial guarantee contracts, the Company receives premiums in installments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at the present value of premiums expected to be collected over the contract period or exp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums for contracts where (a)&amp;#160;the insured obligation is contractually prepayable, (b)&amp;#160;prep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ayments are probable, (c)&amp;#160;the amount and timing of prepayments are reasonably estimable, and (d)&amp;#160;a homogenous pool of assets is the underlying collateral for the insured obligation. The Company has determined that substantially all of its installment contr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Company reports the accretion of the discount on installment premiums receivable as premi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;um revenue and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adjusts the receivable for uncollectible amounts and recognizes any write-off as operati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng expense, and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Premium Revenue Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes and measures premium revenue over the period of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstanding in a given period to recognize a proportionate share of the premium received or e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xpected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of (a)&amp;#160;the present value of premium received or expected to be received over the perio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d of the contract to (b)&amp;#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;An issuer of an insured financial obligation may retire the obligation prior to its scheduled maturity through refinancing or le&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&amp;#8217;s obligation being extinguished under the financial guarantee contract. The Company recognizes any remaining unearned premium revenue on the insured o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Non-refundable commitment fees are considered insurance premiums and are initially recorded under unearned prem&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium written and earned using the constant rate method. If the commitment agreement expi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;res before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fee and Reimbursement Revenue Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company collects insurance related fees for services&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; performed in connection with certain transactions. In addition, the Company may be entitled to reimbursement of third-party insurance expenses that it incurs in connection with certain transactions. Depending upon the type of fee received and whether it i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and consent, termination, administrative and management fees are earned when the related services a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re completed and the fee is received. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Fees related to investment management services are recognized in earnings over the period that the related services are provided. Asset management fees are typically based on the net asset values of assets under manag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Stock-Based Compensation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provided. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 16: Long-term Incentive Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion regarding the methodology utilized in recogniz&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing employee stock compensation expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Foreign Currency Translation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial statement assets and liabilities denominated in foreign currencies are translated into U.S. dollars generally using rates of exchange prevailing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the balance sheet date. O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;perating results are translated at average rates of exchange prevailing during the year. Unrealized gains or losses, net of deferred taxes, resulting from translation of the financial statements of a non-U.S. operation, when the functional currency is othe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r than the U.S. dollar, are included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ccumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in shareholders&amp;#8217; equity. Foreign currency remeasurement gains and losses resulting from transactions in non-functional currencies are recorded in earnings. Exchange gai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns and losses resulting from foreign currency transactions are recorded in earnings.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Income Taxes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Deferred income taxes are recorded with respect to loss carryforwards and temporary differences between the tax bases of assets and liabilities and the report&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed amounts in the Company&amp;#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Such temporary differences relate principally to premium revenu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e recognition, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred acquisition costs, unrealized gains or losses on investments and insured derivatives, asset impairments, cancellation of indebtedness income, and net operating losses. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Valuation allowances are established to reduce deferred tax asse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant authority.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc. and its eligible &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. subsidiaries file a consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ederal income tax return. The U.S. income taxes, which represent a majority of the taxes paid by the Company, are allocated based on the provisions of the&amp;#160;Company&amp;#8217;s tax sharing agreement which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;governs the intercompany&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; settlement of tax obligations and benefits. The method of allocation between the members is generally based upon separate-company calculations as if each member filed a separate tax return on its own.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; December 31, 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any member with a net operati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng loss (&amp;#8220;NOL&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stand-alone &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Each member with an NOL &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and credits &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rn them&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;out &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he fu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;H&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, based on current facts and circumstances, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;BIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has advised its subsidiaries that, its intention is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny member&amp;#8217;s NOL, capital loss or tax credit carryforward g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any subsidiary&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hout &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt such &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carryforward is u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on. Such intention is independent of the tax sharing agreement which does not require any such compensation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In establishing a liability for an unrecognized tax benefit (&amp;#8220;UTB&amp;#8221;), assumptions may be made in determining &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to be realized. A tax position is recognized only when, based on management&amp;#8217;s judgment regard&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is based on the Company&amp;#8217;s assessment of the largest amount of benefit that is more likely than&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled through negotiation with the taxing authority or is only subject to review in the courts. As new&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the amount previously recognized&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company recognizes an adjustment of the UTB.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional information about the Company&amp;#8217;s income taxes.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_398" unitRef="USD">5623000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_399" unitRef="USD">279000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_400" unitRef="USD">9000000</us-gaap:Investments>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_401" unitRef="USD">102000000</us-gaap:DerivativeLiabilities>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_402" unitRef="USD">12565000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_403" unitRef="USD">53000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_404" unitRef="USD">13000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="INF" id="ID_405" unitRef="Policies">4</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_406" unitRef="USD">1372000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_407" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_408" unitRef="USD">63000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_409" unitRef="USD">5290000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_410" unitRef="USD">9119000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <mbi:LaeInsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_411" unitRef="USD">0</mbi:LaeInsuranceLossRecoverable>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-8" id="ID_412" unitRef="USD">500000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_413" unitRef="USD">-2000000</us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_414" unitRef="USD">0</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_415" unitRef="USD">126000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_416" unitRef="USD">2779000000</us-gaap:NotesPayable>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_417" unitRef="USD">1004000000</us-gaap:MediumTermNotes>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_418" unitRef="USD">31000000</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_419" unitRef="USD">2843000000</mbi:FinancialGuaranteeGross>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_420" unitRef="USD">1443000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_421" unitRef="USD">220000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_422" unitRef="USD">-1548000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember" decimals="-6" id="ID_423" unitRef="USD">13000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_424" unitRef="USD">1431000000</us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments>
  <mbi:FairValueOptionAggregateDifferencesMediumTermNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_425" unitRef="USD">45000000</mbi:FairValueOptionAggregateDifferencesMediumTermNotes>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_426" unitRef="USD">1116000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_427" unitRef="USD">44000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_428" unitRef="USD">667000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_429" unitRef="USD">6136000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_430" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_431" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_432" unitRef="USD">229000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_433" unitRef="USD">1780000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_434" unitRef="USD">174000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_435" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_436" unitRef="USD">44000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_437" unitRef="USD">2071000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_438" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_439" unitRef="USD">8000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_440" unitRef="USD">144000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_441" unitRef="USD">128000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:InvestmentPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_442">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company classifies its investments as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available-for-sale (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, held-to-maturity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;HTM&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or trading. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;FS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net of applicable deferred income taxes, reflected in accumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;AOCI&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in shareholders&amp;#8217; equity. Investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carried at fair value are reported in the consolidated balance sheet &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in fair value and realized gains and losses from the sale of these securities are reflected in earnings as part of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; Investments carried at fair value are classified &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as trading &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consist of debt securities held in portfolios that are actively managed and are subject to frequent buying an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d selling.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Short-term investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held as AFS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;include all fixed-maturity securities with a remaining effective term to maturity of less than one year, commercial paper and money market securities.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments are reported in the consolidated balance sh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eets at amortized cost. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ebt securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are classified as HTM investments when &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company has the ability and intent to hold such investments to maturity.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Investment income is recorded as earned.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bond discounts and premiums are amortized using the effecti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve yield method over the remaining term of the securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and reported in &amp;#8220;Net investment income.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mortgage-backed securities (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; discounts and premiums are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amortized using the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;retrospective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Other-Than-Temporary Impairments on Investment Securities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consolidated statements of operations reflect the full impairment (the difference between a security&amp;#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the ex&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pected recovery of the amortized cost basis. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss componen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t of the impairment is recognized in earnings. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, the remaining fair value loss is recognized in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of applicable deferred income taxes.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities for which the fair value is less than amortized cost are r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eviewed no less than quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; factors, including but not limited to (a)&amp;#160;the magnitude and duration of the decline, (b)&amp;#160;credit indicators and&amp;#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in cred&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it spreads, and the financial condition of the issuer, and (c)&amp;#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for ABS and CDOs are assessed using discounted cash flow mo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:InvestmentPolicyTextBlock>
  <us-gaap:DebtPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_443">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investment Agreements and Medium-Term Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investment agreements and MTNs are carried at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the principal amount outstanding plus accrued interest and net of any unamortized premiums or discounts or at fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for certain MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Interest expense is accrued at the contractual interest rate. Premiums and discounts related to investment agreements and MTNs are amortized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported as interest expense based &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the effective&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; yield &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Long-term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Long-term debt is carried at&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the principal amount outstanding plus accrued interest and net of any unamortized discounts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DebtPolicyTextBlock>
  <us-gaap:ScheduleOfVariableInterestEntitiesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_444">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 4: Variable Interest Entities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Through &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international and structured finance insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment, the Company provides credit protection to issuers of obligations that may involve issuer-sponsored special purpose entities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;SPEs&amp;#8221;). An SPE may be considered a VIE to the extent the SPE&amp;#8217;s total equity at risk is not sufficient to permit the SPE to finance its activities without additional subordinated financial support or its equity investors lack any one of the following char&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acteristics&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i) the power to direct the activities of the SPE that most significantly impact the entity&amp;#8217;s economic performance or (ii) the obligation to absorb the expected losses of the entity or the right to receive the expected residual returns of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entity. A holder of a variable interest or interests in a VIE is required to assess whether it has a controlling financial interest, and thus is required to consolidate the entity as primary beneficiary. An assessment of a controlling financial interest id&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entifies the primary beneficiary as the variable interest holder that has both of the following characteristics&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i) the power to direct the activities of the VIE that most significantly impact the entity&amp;#8217;s economic performance and (ii) the obligation to a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bsorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the VIE. The primary beneficiary is required to consolidate the VIE. An ongoing reassessment of controlling financial interest is required &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to be performed based on any substantive changes in facts and circumstances involving the VIE and its variable interests.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company evaluates issuer-sponsored SPEs initially to determine if an entity is a VIE, and is required to reconsider its initial de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;termination if certain events occur. For all entities determined to be VIEs, MBIA performs an ongoing reassessment to determine whether its guarantee to provide credit protection on obligations issued by VIEs provides the Company with a controlling financi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al interest. Based on its ongoing reassessment of controlling financial interest, the Company determines whether a VIE is required to be consolidated or deconsolidated.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company makes its determination for consolidation based on a qualitative assessment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the purpose and design of a VIE, the terms and characteristics of variable interests of an entity, and the risks a VIE is designed to create and pass through to holders of variable interests. The Company generally provides credit protection on obligati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ons issued by VIEs, and holds certain contractual rights according to the purpose and design of a VIE. The Company may have the ability to direct certain activities of a VIE depending on facts and circumstances, including the occurrence of certain continge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt events, and these activities may be considered the activities of a VIE that most significantly impact the entity&amp;#8217;s economic performance. The Company generally considers its guarantee of principal and interest payments of insured obligations, given nonpe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rformance by a VIE, to be an obligation to absorb losses of the entity that could potentially be significant to the VIE. At the time the Company determines it has the ability to direct the activities of a VIE that most significantly impact the economic per&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;formance of the entity based on facts and circumstances, MBIA is deemed to have a controlling financial interest in the VIE and is required to consolidate the entity as primary beneficiary. The Company performs an ongoing reassessment of controlling financ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ial interest that may result in consolidation or deconsolidation of any VIE.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;advisory services segment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;provides asset management and advisory services to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolid&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three VIEs as the primary beneficiary&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, pursuant to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;this segment&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;activities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31, 2014, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;holds &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the subordinated notes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; issued by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;one of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has no obligation or commitment to provide &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;additional financial support or liquidity to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Effective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;January &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, 2015, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;completed the sale of its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cutwater business and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deconsolidated these VIEs. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;Note 1: Business Developments and Risks and Uncertainties&amp;#8221; for additional information about the sale of Cutwater. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;conduit segment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has managed and administered &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;onduit that invested &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily in debt securities and w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; funded through the issuance of VIE notes.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company consolidated the conduit as the primary beneficiary. In 2014, all outstanding VIE notes were repaid by the conduit, and the conduit was subsequently dissolved. The C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ompany no longer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; provides&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; any related&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; credit protection&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Es&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ho&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, through its insurance operations.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lowi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;so &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olid&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and carrying &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;agg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;na&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CD&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='23' rowspan='1' style='width:417.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:417.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Derivative&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8,613&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,623&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14,136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,459&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;518&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;307&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;571&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;279&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,008&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,989&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,608&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;35,940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19,958&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;123&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;524&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;389&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;49,686&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16,698&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;179&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;211&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85,626&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36,656&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;302&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;524&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;389&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Reported within &amp;quot;Derivative liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='23' rowspan='1' style='width:418.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:418.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:167.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Derivative&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12,565&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,693&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;120&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;21,738&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,251&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 658&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;327&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,367&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;447&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,830&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,740&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13,028&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;80&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;56,528&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;27,379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;361&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52,317&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20,162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;108,845&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47,541&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;402&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;452&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;366&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Reported within &amp;quot;Derivative liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he maximum exposure to loss as a result of MBIA&amp;#8217;s variable interes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts in VIEs is represented by insurance in force. Insurance in force is the maximum future payments of princip&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;est&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whic&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;qu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mmitment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ke p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;me&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;atio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; iss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying amounts of assets and liabilities of consolidated VIEs were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion, respectively, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$5.6 billion and $5.3 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; respectively, as of December 31, 2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The carrying amounts of assets and liabilities are presented separately in &amp;#8220;Assets of consolidated variable interest entities&amp;#8221; and &amp;#8220;Liabilities of consolidated variable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest entities&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he ca&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rrying amounts of assets and liabilities of consolidated VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;advisory services segment were $751 million and $754 million, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, as of December 31, 2014, and a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re presented &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;separately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &amp;#8220;Assets held for sale&amp;#8221; and &amp;#8220;Liabilities held for sale&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s consolidated balance sheets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are consolidated or deconsolidated based on an ongoing reassessment of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;controlling financial interest, when events occur or circumstances arise, and whether the ability to exercise rights that constitute power to direct activities of any VIEs are present according to the design and characteristics of these entities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Three&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;additional&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ere&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and no additional VIEs were consolidated during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Net realized losses recorded for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million related to the consolidation of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Holders of insured obligations of issuer-sponsored VIEs related to the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance segment do not have recourse to the general assets of MBIA. In the event of nonpayment of an insured obli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gation issued by a consolidated VIE, the Company is obligated to pay principal and interest, when due, on the respective insured obligation only. The Company&amp;#8217;s exposure to consolidated VIEs is limited to the credit protection provided on insured obligation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s and any additional variable interests held by MBIA.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ScheduleOfVariableInterestEntitiesTextBlock>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_445" unitRef="USD">16698000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_446" unitRef="USD">12000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_447" unitRef="USD">389000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_448" unitRef="USD">27379000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_449" unitRef="USD">204000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_450" unitRef="USD">248000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_451" unitRef="USD">366000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="INF" id="ID_452" unitRef="Issues">7</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="INF" id="ID_453" unitRef="Issues">3</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_454" unitRef="USD">15883000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_455" unitRef="USD">14264000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_456" unitRef="USD">40000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ReinsuranceReceivablesIncurredButNotReportedClaims contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_457" unitRef="USD">7000000</us-gaap:ReinsuranceReceivablesIncurredButNotReportedClaims>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_458" unitRef="USD">61000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_459" unitRef="USD">17000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_460" unitRef="USD">3011000000</mbi:CollectionsForCasesWithRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_461" unitRef="USD">25000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_462" unitRef="USD">4000000</us-gaap:OtherInvestments>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_463" unitRef="USD">705000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_464" unitRef="USD">1172000000</us-gaap:LongTermDebtFairValue>
  <mbi:ReceivableForInvestmentsSold contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_465" unitRef="USD">22000000</mbi:ReceivableForInvestmentsSold>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_466" unitRef="USD">31000000</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_467" unitRef="USD">1224000000</us-gaap:MediumTermNotes>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_468" unitRef="USD">6587000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_469">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Change in Unrealized Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for the Period Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for Assets and Liabilities still&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;held as of December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Revenues:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;903&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,778&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,869&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(87)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;927&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gains (losses) and other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(445)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,548)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(407)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(68)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   Net gains (losses) on financial instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;      at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(376)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;260&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(271)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;444&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;353&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;650&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_470" unitRef="USD">353000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_471" unitRef="USD">54000000</us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus>
  <mbi:FairValueOptionAggregateDifferencesMediumTermNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_472" unitRef="USD">73000000</mbi:FairValueOptionAggregateDifferencesMediumTermNotes>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_473" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_474" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_475" unitRef="USD">39000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_476" unitRef="USD">1126000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_477" unitRef="USD">53000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_478" unitRef="USD">1831000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_479" unitRef="USD">22000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_480" unitRef="USD">1146000000</us-gaap:AvailableForSaleSecurities>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_481" unitRef="USD">31000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_482" unitRef="USD">16000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_483" unitRef="USD">251000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_484" unitRef="USD">387000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_485" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_486" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_487" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_488" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_489" unitRef="USD">57000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_490" unitRef="USD">479000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_491" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_492" unitRef="USD">5000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_493" unitRef="USD">65000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_494" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_495" unitRef="USD">57000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_496" unitRef="USD">128000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_497" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_498" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_499" unitRef="USD">61000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_500" unitRef="USD">2000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_501" unitRef="USD">90000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_502" unitRef="USD">33000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_503" unitRef="USD">412000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_504" unitRef="USD">21000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_505" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_506" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_507" unitRef="USD">197000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_508" unitRef="USD">66000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_509" unitRef="USD">246000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_510" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_511" unitRef="USD">5992000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_512" unitRef="USD">46000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_513">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net Gain&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Income&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;888&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(413)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(78)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net Gain&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Income&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1,725&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(1,545)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net Gain&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Income&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1,847&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(406)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Non-insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Non-insured credit default swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock>
  <us-gaap:DeferredForeignIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_514" unitRef="USD">-8000000</us-gaap:DeferredForeignIncomeTaxExpenseBenefit>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_515" unitRef="USD">-3328000000</us-gaap:Assets>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_516" unitRef="USD">29000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_517" unitRef="USD">24000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-6" id="ID_518" unitRef="USD">299000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_519" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_520" unitRef="USD">101000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_521" unitRef="USD">73000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_522" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_523" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="2" id="ID_524" unitRef="pure">0.05</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_525" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_526" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_527" unitRef="USD">58000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_528" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_529" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_530">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reserve &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(33)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes investments insured by MBIA Corp. and National.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_531" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_532" unitRef="USD">968000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_533" unitRef="USD">1132000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_534" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_535" unitRef="USD">244000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_536" unitRef="USD">9481000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_537" unitRef="USD">280000000</invest:DerivativeNotionalAmount>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_538" unitRef="USD">30000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits>
  <us-gaap:DeferredTaxAssetsGross contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_539" unitRef="USD">1432000000</us-gaap:DeferredTaxAssetsGross>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_540" unitRef="USD">69000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves>
  <us-gaap:IncrementalCommonSharesAttributableToCallOptionsAndWarrants contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_541" unitRef="shares">0</us-gaap:IncrementalCommonSharesAttributableToCallOptionsAndWarrants>
  <us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_542">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amounts Reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:22.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;Details about AOCI Components&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Affected Line Item on the Consolidated
Statements of Operations&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on AFS securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gain (loss) on sale of securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value
     and foreign exchange &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  &lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Amortization on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (104)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment income &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Foreign currency translation:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gain (loss) on liquidation of
    foreign entity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value
     and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total reclassifications for the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_543" unitRef="USD">179000000</us-gaap:NetInvestmentIncome>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_544" unitRef="USD">166000000</us-gaap:NetInvestmentIncome>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_545" unitRef="USD">-4000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_546" unitRef="USD">0</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_547" unitRef="USD">64000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_548" unitRef="USD">56000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_549" unitRef="USD">0</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_550" unitRef="USD">13000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember" decimals="-6" id="ID_551" unitRef="USD">-42000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_552" unitRef="USD">1645000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:NumberOfOperatingSegments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_553" unitRef="pure">5</us-gaap:NumberOfOperatingSegments>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_554" unitRef="USD">24000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_555" unitRef="USD">735000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_556" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_557" unitRef="USD">6000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_558" unitRef="USD">416000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:UndistributedEarningsAllocatedToParticipatingSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_559" unitRef="USD">16000000</us-gaap:UndistributedEarningsAllocatedToParticipatingSecurities>
  <us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_560" unitRef="USD">304000000</us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_561" unitRef="USD">69000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:PercentageOfInsuredCreditDerivativesValueUnderBetModel contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_mbi_BETValuationModelMember" decimals="2" id="ID_562" unitRef="pure">0.93</mbi:PercentageOfInsuredCreditDerivativesValueUnderBetModel>
  <us-gaap:DerivativeAssetsLiabilitiesAtFairValueNet contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_563" unitRef="USD">1200000000</us-gaap:DerivativeAssetsLiabilitiesAtFairValueNet>
  <mbi:ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_564" unitRef="USD">394000000</mbi:ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_565" unitRef="USD">-54000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_566" unitRef="USD">143000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_567" unitRef="USD">373000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_568" unitRef="USD">1209000000</mbi:SegmentRevenue>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_569" unitRef="USD">1824000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_570" unitRef="USD">1161000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_571" unitRef="USD">2713000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_572" unitRef="USD">5000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_573" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_574" unitRef="USD">28000000</us-gaap:OtherIncome>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember" decimals="-6" id="ID_575" unitRef="USD">10000000</us-gaap:CededPremiumsEarned>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" id="ID_576">P7Y2M12D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_577" unitRef="USD">48000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_578" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_579" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_580" unitRef="USD">46000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_581" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_582" unitRef="USD">3000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_583" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_584" unitRef="USD">20000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_585" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_586" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_587" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_588" unitRef="USD">180000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_589" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3>
  <mbi:DiscountRateOfCreditImpairments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="6" id="ID_590" unitRef="pure">0.022</mbi:DiscountRateOfCreditImpairments>
  <mbi:TransfersOutOfLevelTwo contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_591" unitRef="USD">403000000</mbi:TransfersOutOfLevelTwo>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_BetanddualdefaultvaluationmodelsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_592" unitRef="USD">11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_VariableInterestEntityNotesMember" decimals="-6" id="ID_593" unitRef="USD">269000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_VariableInterestEntityNotesMember" decimals="-6" id="ID_594" unitRef="USD">155000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_595" unitRef="USD">10000000</mbi:DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting>
  <us-gaap:DerivativeFairValueOfDerivativeLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_MediumTermNotesAndOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_EmbeddedMember" decimals="-6" id="ID_596" unitRef="USD">19000000</us-gaap:DerivativeFairValueOfDerivativeLiability>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_597" unitRef="pure">0.9</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_598" unitRef="pure">0.57</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_599" unitRef="pure">0.42</mbi:FairValueMeasurementRangePercentage>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_600" unitRef="USD">206000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_601" unitRef="USD">2048000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_602" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_603" unitRef="USD">7000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_604" unitRef="USD">197000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_605" unitRef="USD">189000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_606" unitRef="USD">239000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_607" unitRef="USD">5996000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_608" unitRef="USD">6075000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_609" unitRef="USD">11000000</us-gaap:NetIncomeLoss>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_610" unitRef="USD">239000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_611" unitRef="USD">54000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_612" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_613" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_614" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_615" unitRef="USD">51000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_616" unitRef="USD">1272000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_617" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_618" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_619" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_620" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_621" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_622" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_623" unitRef="USD">1147000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_624" unitRef="USD">2921000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_625" unitRef="USD">-10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_626" unitRef="USD">1825000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_627" unitRef="USD">42000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_628" unitRef="USD">-2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_629" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_630" unitRef="USD">-2000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_631" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_632" unitRef="USD">140000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_633" unitRef="USD">374000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_634" unitRef="USD">31000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_635" unitRef="USD">18000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_636" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_637" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_638" unitRef="USD">203000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_639" unitRef="USD">-1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_640" unitRef="USD">1076000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_641" unitRef="USD">-26000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <mbi:AdditionalEstimatedCreditImpairmentOnCmbsDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_642" unitRef="USD">91000000</mbi:AdditionalEstimatedCreditImpairmentOnCmbsDerivatives>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_643" unitRef="USD">532000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <mbi:TransfersOutOfLevelThree contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_644" unitRef="USD">140000000</mbi:TransfersOutOfLevelThree>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_645" unitRef="myYears">2.3</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_646" unitRef="myYears">3.3</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_647" unitRef="USD">5000000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_648" unitRef="USD">123000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_649" unitRef="pure">0.42</mbi:FairValueMeasurementRangePercentage>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_650" unitRef="USD">4000000</mbi:InsuranceLossRecoverable>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_651" unitRef="pure">0.01</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_652" unitRef="pure">0.57</mbi:FairValueMeasurementRangePercentage>
  <mbi:ReservesForExpectedFutureClaimPayments contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_653" unitRef="USD">653000000</mbi:ReservesForExpectedFutureClaimPayments>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_654" unitRef="USD">118000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_655" unitRef="USD">198000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_656" unitRef="USD">53000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_657" unitRef="USD">6510000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_658" unitRef="USD">12000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_659" unitRef="USD">25000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_660" unitRef="USD">-78000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_661" unitRef="USD">1388000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_662" unitRef="USD">914000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_663" unitRef="USD">1513000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_664" unitRef="USD">-537000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_665" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_666" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_667" unitRef="USD">147000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_668" unitRef="USD">13000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_669" unitRef="USD">205000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_670" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_671" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_672" unitRef="USD">13000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_673" unitRef="USD">781000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_674" unitRef="USD">82000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_675" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_676" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_677" unitRef="USD">202000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_678" unitRef="USD">479000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_679" unitRef="USD">1244000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_680" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="INF" id="ID_681" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="2" id="ID_682" unitRef="pure">0.25</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_683" unitRef="USD">719000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_684" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_685" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_686" unitRef="USD">249000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_687" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_688" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_689" unitRef="USD">174000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_690" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_691" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_692" unitRef="USD">1068000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_693" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_694" unitRef="USD">1450000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_695" unitRef="USD">19000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_696" unitRef="USD">2000000</us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <us-gaap:DeferredIncomeTaxLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_697" unitRef="USD">423000000</us-gaap:DeferredIncomeTaxLiabilities>
  <us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_698" unitRef="USD">4000000</us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_699" unitRef="USD">425000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_700" unitRef="USD">-272000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB" decimals="-6" id="ID_701" unitRef="USD">34000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_702" unitRef="USD">553000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
  <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_703">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 21: Commitments and Contingencies&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA has received subpoenas or informal inquiries from a variety of regulators, regarding a variety of subjects. MBIA has cooperated fully with each of these regulators and has or is in the process of satisfying all such requests. MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;may receive additional inquiries from these or other regulators and expects to provide additional information to such regulators regarding their inquiries in the future.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On December&amp;#160;14, 2009, MBIA Corp. commenced an action in New York State Supreme Court, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;New York County, against Credit Suisse. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The complaint seeks damages for fraud and breach of contractual obligations in connection with the procurement of financial guarantee insurance on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HEMT&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Series 2007-2 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securitization. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On January 30, 2013, MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. filed an amended complaint. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;complaint alleges, among other claims, that Credit Suisse falsely represented&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i)&amp;#160;the attributes of the securitized loans; (ii)&amp;#160;that the loans complied with the governing underwriting guidelines; and (iii)&amp;#160;that Cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edit Suisse had conducted extensive due diligence on and quality control reviews of the securitized loans to ensure compliance with the underwriting guidelines. The complaint further alleges that the defendants breached their contractual obligations to cur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e or repurchase loans found to be in breach of the representations and warranties applicable thereto and denied MBIA the requisite access to all records and documents regarding the securitized loans. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On August 13, 2014, the court issued an order scheduling&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expert discovery to run through the middle of 2015. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On September 14, 2012, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Insurance Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; filed a complaint alleging fraud against &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;J.P. Morgan Securities LLC (f/k/a Bear, Stearns &amp;amp; Co. Inc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; relating to Bear, Stearns &amp;amp; Co. Inc.&amp;#8217;s role as lea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d securities underwriter on the GMAC Mortgage Corporation Home Equity Loan Trust 2006-HE4. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA filed its amended complaint on September 29, 2014. J.P. Morgan filed its answer to the amended complaint on October 10, 2014.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On July&amp;#160;23, 2008, the City of Los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Angeles filed a complaint in the Superior Court of the State of California, County of Los Angeles, against a number of financial guarantee insurers, including MBIA. At the same time and subsequent&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ly, additional complaints against MBIA and nearly all of th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e same co-defendants were filed by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;various municipal entities and quasi-municipal entities, mostly in California.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; These cases are part of a coordination proceeding in Superior Court, San Francisco County, before Judge Richard A. Kramer, referred to as the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Ambac Bond Insurance Cases.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In August &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2011, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;plaintiffs filed amended versions of their respective complaints. The claims allege &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;violation of California&amp;#8217;s antitrust laws through maintaining a dual credit rating s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cale that misstated the credit default&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; risk of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issuers&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, thereby creating &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market demand for bond insurance. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;laintiffs also allege that the individual bond insurers participated in risky financial transactions in other lines of business that damaged each bond insurer&amp;#8217;s financial condition, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;failure to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;adequately disclose the impact of those transactions on the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ir financial condition. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The plaintiffs also &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;assert common law claims of breach of contract and fraud. The non-municipal plaintiffs also allege a California unfair competition cause of action. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;An appeal of the dismissal of the plaintiff&amp;#8217;s anti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;trust claim &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nder California&amp;#8217;s Cartwright Act&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is pending&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;An appeal is also pending of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;March 26, 2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; decision granting in part the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bond Insurer defendants&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217; motions for reimbursement of legal fees incurred in connection with the motion to strike pursuant to Califor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nia&amp;#8217;s Anti-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;SLAPP&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; statu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On July&amp;#160;23, 2008, the City of Los Angeles filed a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;complaint in the Superior Court, County of Los Angeles, naming as defendants MBIA and other financial institutions, and alleging fraud and violations of California&amp;#8217;s ant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;itrust laws through bid-rigging in the sale of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;guaranteed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investment contracts and what plaintiffs call &amp;#8220;municipal derivatives&amp;#8221; to municipal bond issuers. The case was removed to federal court and transferred by order dated November&amp;#160;26, 2008 to the Souther&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n District of New York for inclusion in the multidistrict litigation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Municipal Derivatives Antitrust Litigation, M.D.L. No.&amp;#160;1950. Complaints making the same allegations against MBIA and nearly all of the same co-defendants were then, or subsequently, file&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;municipal entities and quasi-municipal entities, mostly in California, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and three not-for-profit retirement community operators. These cases have all been added to the multidistrict litigation. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;laintiffs in all of the cases assert federal and eith&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er California&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, West Virginia &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or New York state antitrust claims. As of May&amp;#160;31, 2011, MBIA has answered all of the existing complaints.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National and Assured Guaranty Municipal Corp. commenced an adversary proceeding against the City of Detroit and certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;individuals employees/managers in the City of Detroit&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hapter 9 case. The amended complaint s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ought&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a declaratory judgment that the City of Detroit and its employees comply with Michigan law in the collection, segregation and use of ad valorem tax procee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ds pledged to repay several series of unlimited tax general obligation bonds as well as declaratory relief with respect to National&amp;#8217;s and Assured Guaranty Municipal Corp.&amp;#8217;s rights and interests in the ad valorem tax proceeds. In April of 2014, National rea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ched a settlement with the City of Detroit regarding its enhanced Unlimited Tax General Obligation bonds, which was approved when the City of Detroit&amp;#8217;s Eighth Amended Plan went effective on December 10, 2014.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On January 30, 2013, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Insurance Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National filed a petition in Texas state court seeking an order requiring the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Harris County-Houston &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Sports Authority to impose higher taxes as well as damages for other alleged breaches of contract. On December 30, 2014, the litigation was resolved i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n connection with a refinancing transaction.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company is defending against the aforementioned actions in which it is a defendant and expects ultimately to prevail on the merits. There is no assurance, however, that the Company will prevail in these acti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ons. Adverse rulings in these actions could have a material adverse effect on the Company&amp;#8217;s ability to implement its strategy and on its business, results of operations, cash flows and financial condition. At this stage of the litigation, there has not bee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n a determination as to the amount, if any, of damages. Accordingly, the Company is not able to estimate any amount of loss or range of loss.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;There are no other material lawsuits pending or, to the knowledge of the Company, threatened, to which the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or any of its subsidiaries is a part&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:justify;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:inherit;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Headquarters Lease Agreement&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In September of 2014, the Company moved its headquarters to Purchase, New York, for which the Company had previously entered into a lease agreement as part of the Company&amp;#8217;s cost reduction&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; measures that included the plan to sell the Armonk, New York facility. The initial lease term expires in 2030 with the option to terminate the lease in 2025 upon the payment of a termination amount. At the end of the initial lease term, the Company has th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e option to extend the term of the lease for two additional terms of five years at a fixed annual rent based on the fair market rent at the time of any extension. The total future minimum lease payments over the initial lease term are $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;42&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. The Comp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any received a lease incentive amount of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million from the property owner to fund certain leasehold improvements. The total future minimum lease payments include annual rent escalation amounts and a free rent period and exclude the lease incentive amount&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The lease agreement has been classified as an operating lease, and operating rent expense has been recognized on a straight-line basis since the second quarter of 2014.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_704" unitRef="USD">626000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_705" unitRef="USD">735000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <mbi:TransfersIntoLevelTwo contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_706" unitRef="USD">140000000</mbi:TransfersIntoLevelTwo>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_707" unitRef="USD">940000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_708" unitRef="USD">42000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_709" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_710" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_711" unitRef="pure">0.45</mbi:FairValueMeasurementRangePercentage>
  <mbi:DecreaseInPercentageOfCurrentRollToLossForTransaction contextRef="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember_us-gaap_ValuationAllowancesAndReservesTypeAxis_mbi_RateReductionMember" decimals="4" id="ID_712" unitRef="pure">0.0075</mbi:DecreaseInPercentageOfCurrentRollToLossForTransaction>
  <mbi:TotalEstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LoanRepurchaseCommitmentsMember_mbi_ClassifiedStatusAxis_mbi_IneligibleLoanRecoveriesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_713" unitRef="USD">379000000</mbi:TotalEstimatedInsuranceRecoveries>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_714" unitRef="USD">34000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_715" unitRef="USD">1724000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_716" unitRef="USD">290000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_717" unitRef="USD">6345000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_718" unitRef="USD">428000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_719" unitRef="USD">61000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_720" unitRef="USD">2087000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember" decimals="-6" id="ID_721" unitRef="USD">-81000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_722" unitRef="USD">51000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_723" unitRef="USD">5763000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_724" unitRef="USD">11000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_725" unitRef="USD">197000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_726" unitRef="USD">359000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_727" unitRef="USD">12000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_728" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_729" unitRef="USD">27000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_730" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_731" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_732" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_733" unitRef="USD">16000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_734" unitRef="USD">28000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_735" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_736" unitRef="USD">20000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_737" unitRef="USD">-444000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_738" unitRef="USD">195000000</us-gaap:OperatingExpenses>
  <mbi:LossPaymentsForCasesWithReserves contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_739" unitRef="USD">-157000000</mbi:LossPaymentsForCasesWithReserves>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_740" unitRef="USD">416000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="2" id="ID_741" unitRef="pure">0.22</mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_742" unitRef="USD">5000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_743" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_744" unitRef="USD">107000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_745" unitRef="USD">458000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_746" unitRef="USD">443000000</mbi:SegmentRevenue>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_747" unitRef="USD">232000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_748" unitRef="USD">-42000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DeferredTaxLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_749" unitRef="USD">18000000</us-gaap:DeferredTaxLiabilities>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_750" unitRef="USD">54000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_751" unitRef="USD">1152000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_752" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_753" unitRef="USD">-17000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_754" unitRef="USD">629000000</mbi:SegmentExpense>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_755">P7Y8M12D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_756" unitRef="USD">11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_757" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_758" unitRef="USD">-28000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_759" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_760" unitRef="USD">-1000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <dei:DocumentPeriodEndDate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_761">2014-12-31</dei:DocumentPeriodEndDate>
  <us-gaap:DeferredPolicyAcquisitionCosts contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_762" unitRef="USD">260000000</us-gaap:DeferredPolicyAcquisitionCosts>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_763" unitRef="USD">12334000000</us-gaap:Liabilities>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_764" unitRef="USD">3299000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_765" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_766" unitRef="USD">4804000000</us-gaap:NotesPayable>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_767" unitRef="USD">204000000</us-gaap:TradingSecurities>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_768" unitRef="USD">-4000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_769" unitRef="USD">3115000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PaymentsForLossesAndLossAdjustmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_770" unitRef="USD">240000000</us-gaap:PaymentsForLossesAndLossAdjustmentExpense>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_771" unitRef="USD">285000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_772" unitRef="USD">782000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_773" unitRef="USD">-114000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:PropertyPlantAndEquipmentTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_774">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Leasehold improvements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Furniture and fixtures&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equipment and software&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:PropertyPlantAndEquipmentTextBlock>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_775" unitRef="USD">6008000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_776" unitRef="USD">119000000</us-gaap:Investments>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_777" unitRef="USD">14000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_778" unitRef="USD">21738000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_779" unitRef="USD">11263000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_780" unitRef="USD">850000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_781" unitRef="USD">19000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="INF" id="ID_782" unitRef="Issues">14</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_783" unitRef="USD">12387000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_784" unitRef="USD">1085000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ReinsuranceReceivablesIncurredButNotReportedClaims contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_785" unitRef="USD">6000000</us-gaap:ReinsuranceReceivablesIncurredButNotReportedClaims>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_NonVariableInterestEntitiesMember" decimals="-8" id="ID_786" unitRef="USD">600000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_787" unitRef="USD">19000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <us-gaap:FairValueDisclosuresTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_788">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Measurement&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Fair value is a market-based measure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; considered from the perspective of a market participant. Therefore, even when market &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;assumptions are not readily available, the Company&amp;#8217;s own assumptions are set to reflect those&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; which it believes market participants would use in pricing an asset or liability at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when avail&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able. Market data is obtained from a variety of third-party sources, including dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; similar instruments or modeling using market data inputs. The use of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may produce materially &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;different fair values.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The accounting guidance for fair value measurement establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;servable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing an asset or liability based on available market data. Unobservable inputs are those that reflect the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s beliefs about the assumptions market participants would use in pricing an asset or liability based on available information. The fair value hierarchy is categorized into three levels based on the observability and reliability of inputs, as follows:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Leve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l 1&amp;#8212;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an active market, with significant trading volumes. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2&amp;#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that are traded less frequently than excha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nge-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by obser&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vable market data. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 3&amp;#8212;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lue is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires significant management judgment or estima&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion. &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The availability of observable inputs can vary from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial instrument &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial instrument &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and period to period and is affected by a wide variety of factors, including, for example, the type of product, whether the product is new and not yet e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stablished in the marketplace, and other characteristics particular to the product. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the Company assigns the level in the fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value hierarchy for which the fair value measurement in its entirety falls, based on the least observable input that is significant to the fair value measurement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Assets (excluding derivative assets)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial assets, excluding derivative assets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, held by the Company primarily consist of investments in debt securities. Substantially all of the Company&amp;#8217;s investments are priced by independent third parties, including pricing services and brokers. Typically, the Company receives one pricing service v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alue or broker quote for each instrument, which represents a non-binding indication of value. The Company reviews the assumptions, inputs and methodologies used by pricing services and brokers to obtain reasonable assurance that the prices used in its valu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ations reflect fair value. When the Company believes a third-party quotation differs significantly from its internally developed expectation of fair value, whether higher or lower, the Company reviews its data or assumptions with the provider. This review &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;includes comparing significant assumptions such as prepayment speeds, default ratios, forward yield curves, credit spreads and other significant quantitative inputs to internal assumptions, and working with the price provider to reconcile the differences. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The price provider may subsequently provide an updated price. In the event that the price provider does not update its price, and the Company still does not agree with the price provided, the Company will obtain a price from another third-party provider  o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r use an internally developed price which it believes represents the fair value of the investment. The fair values of investments for which internal prices were used were not significant to the aggregate fair value of the Company&amp;#8217;s investment portfolio as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. All challenges to third-party prices are reviewed by staff of the Company with relevant expertise to ensure reasonableness of assumptions.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Liabilities (excluding derivative liabilities)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial liabilities, e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xcluding derivative liabilities, issued by the Company primarily consist of investment agreements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and debt issued for general corporate purposes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; within its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate segment, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;debt in VIEs and warrants. Investment agreements, MTNs, and corporate debt &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are typically recorded at face value adjusted for premiums or discounts. The majority of the financial liabilities that the Company has elected to fair value or that require fair value reporting or disclosures are valued based on the estimated value of the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; underlying collateral, the Company&amp;#8217;s or a third-party&amp;#8217;s estimate of discounted cash flow model estimates, or quoted market values for similar products. These valuations include adjustments for expected nonperformance risk of the Company.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Derivative Liabil&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;ities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s derivative liabilities are primarily insured credit derivatives that reference structured pools of cash securities and CDSs. The Company generally insured the most senior liabilities of such transactions, and at the inception of transac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tions its exposure generally had more subordination than needed to achieve triple-A ratings from credit rating agencies. The types of collateral underlying its insured derivatives consist of cash securities and CDSs referencing primarily corporate obligati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ons, ABS, RMBS, CMBS, CRE loans, and CDOs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s insured credit derivative contracts are non-traded structured credit derivative transactions. Since insured derivatives are highly customized and there is generally no observable market for these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivatives, the Company estimates their fair values in a hypothetical market based on internal and third-party models simulating what a similar company would charge to assume the Company&amp;#8217;s position in the transaction at the measurement date. This pricing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;would be based on the expected loss of the exposure. The Company reviews its valuation model results on a quarterly basis to assess the appropriateness of the assumptions and results in light of current market activity and conditions. This review is perfor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;med by internal staff with relevant expertise. If live market spreads or securities prices are observable for similar transactions, those spreads are an integral part of the analysis. New insured transactions that resemble existing (previously insured) tra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsactions, if any, would be considered, as well as negotiated settlements of existing transactions.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company may from time to time make changes in its valuation techniques if the change results in a measurement that it believes is equally or more repres&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entative of fair value under current circumstances.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Internal Review Process&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;All significant financial assets and liabilities are reviewed by committees created by the Company to ensure compliance with the Company&amp;#8217;s policies and risk procedures in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;development of fair values of financial assets and liabilities. These valuation committees review, among other things, key assumptions used for internally developed prices, significant changes in sources and uses of inputs, including changes in model appro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aches, and any adjustments from third-party inputs or prices to internally developed inputs or prices. The committees also review any significant impairment or improvements in fair values of the financial instruments from prior periods. From time to time, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these committees will consult with the Company&amp;#8217;s valuation experts to better understand key methods and assumptions used for the determination of fair value, including understanding significant changes in fair values. These committees are comprised of seni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or finance team members with the relevant experience in the financial instruments their committee is responsible for. For each quarter, these committees document their agreement with the fair values developed by management of the Company as reported in the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; quarterly and annual financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Valuation Techniques&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Valuation techniques for financial instruments measured at fair value or disclosed at fair value are described below.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Fixed-Maturity Securities (including short-term investments) Held as Avai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;lable-For-Sale, Investments Carried at Fair Value, Investments Pledged as Collateral, Investments Held-to-Maturity, and Other Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;These investments include investments in U.S. Treasury and government agencies, state and municipal bonds, foreign gov&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ernments, corporate obligations, MBS, ABS, money market securities, and perpetual debt and equity securities.   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;These investments are generally valued based on recently executed transaction prices or quoted market prices. When quoted market prices are not&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; available, fair value is generally determined using quoted prices of similar investments or a valuation model based on observable and unobservable inputs. Inputs vary depending on the type of investment. Observable inputs include contractual cash flows, i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nterest rate yield curves, CDS spreads, prepayment and volatility scores, diversity scores, cross-currency basis index spreads, and credit spreads for structures similar to the financial instrument in terms of issuer, maturity and seniority. Unobservable i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nputs include cash flow projections and the value of any credit enhancement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of the HTM investments is determined using discounted cash flow models. Key inputs include unobservable cash flows projected over the expected term of the investmen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t discounted using observable interest rate yield curves of similar securities.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investments based on quoted market prices of identical investments in active markets are classified as Level 1 of the fair value hierarchy. Level 1 investments generally consis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t of U.S. Treasury and government agency, foreign government and money market investments. Quoted market prices of investments in less active markets, as well as investments which are valued based on other than quoted prices for which the inputs are observ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able, such as interest rate yield curves, are categorized in Level 2 of the fair value hierarchy. Investments that contain significant inputs that are not observable are categorized as Level 3.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Cash and Cash Equivalents, Receivable for Investments Sold, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Net Cash Collateral Pledged to Swap Counterparties, Payable for Investments Purchased, Payable for Loans Purchased  and Accrued Investment Income&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying amounts of cash and cash equivalents, receivable for investments sold, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cash collateral pledged to swap counterparties, payable for investments purchased, payable for loans purchased, and accrued investment income approximate fair values due to the short-term nature and credit worthiness of these instruments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;These items are c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ategorized in Level 1 or Level 2 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Loans Receivable at Fair Value&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Loans receivable at fair value are comprised of loans held by consolidated VIEs consisting of corporate and residential mortgage loans.  Fair values of commercial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loans are obtained from a pricing service and determined using actively quoted prices obtained from multiple market participants.  Fair values of residential mortgage loans are determined using quoted prices for MBS issued by the respective VIE and adjustm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ents for the fair values of the financial guarantees provided by MBIA Corp. on the related MBS. Loans receivable at fair value are categorized in Level 2 or Level 3 of the fair value hierarchy based on the input that is significant to the fair value measur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Loan Repurchase Commitments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Loan repurchase commitments are obligations owed by the sellers/servicers of mortgage loans to either MBIA as reimbursement of paid claims or to the RMBS trusts as defined in the transaction documents. Loa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n repurchase commitments are assets of the consolidated VIEs. This asset represents the rights of MBIA against the sellers/servicers for breaches of representations and warranties that the securitized residential mortgage loans sold to the trust to comply &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with stated underwriting guidelines and for the sellers/servicers to cure, replace, or repurchase mortgage loans. Fair value measurements of loan repurchase commitments represent the amounts owed by the sellers/servicers to MBIA as reimbursement of paid cl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aims. Loan repurchase commitments are not securities and no quoted prices or comparable market transaction information are observable or available. Loan repurchase commitments at fair value are categorized in Level 3 of the fair value hierarchy. Fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s of loan repurchase commitments are determined using discounted cash flow techniques based on inputs including:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	breach rates representing the rate at which the sellers/servicers failed to comply with stated representations and warranties;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	recovery &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rates representing the estimates of future cash flows for the asset, including estimates about possible variations in the amount of cash flows expected to be collected;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	expectations about possible variations in the timing of collections of the cash flow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s; and&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	time value of money, represented by the rate on risk-free monetary assets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair values of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investment agreements are determined using discounted cash flow techniques based on contractual cash flows and observable interest rates currently being offered for similar agreements with comparable maturity dates. Investment agreements contain collatera&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lization and termination agreements that substantially mitigate the nonperformance risk of the Company. As the terms of the notes are private, and the timing and amount of contractual cash flows are not observable, these investment agreements are categoriz&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed as Level 3 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Medium-Term Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair values of certain MTNs are based on quoted market prices provided by third-party sources, where available. When quoted market prices are not available, the Company applies a matrix prici&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng grid based on the quoted market prices received and the MTNs&amp;#8217; stated maturity and interest rate to determine fair value. Nonperformance risk is included in the quoted market prices and the matrix pricing grid. The Company has elected to record these MTN&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s at fair value as they contain embedded derivatives which cannot accurately be separated from the host debt instrument and fair valued separately, therefore, these MTNs are carried at fair value with changes in fair value reflected in earnings. The remain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing MTNs, which are not carried at fair value, do not contain embedded derivatives. As these MTNs are illiquid and the prices reflect significant unobservable inputs, they are categorized as Level 3 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Long-term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Long-term deb&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t consists of notes, debentures, surplus notes and accrued interest on this debt. The fair value of long-term notes, debentures and surplus notes are estimated based on quoted prices for the identical or similar securities. The fair value of the accrued in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;terest expense on the surplus notes due in 2033 is determined based on the scheduled interest payments discounted by the market&amp;#8217;s perception of the credit risk related to the repayment of the surplus notes.&amp;#160;The credit risk related to the repayment of the s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urplus notes is based on recent trades of the surplus notes.&amp;#160;The deferred interest payment will be due on the first business day on or after which the Company obtains approval to make such payment. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying amounts of accrued interest expense on all o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ther long-term debt approximate fair value due to the short-term nature of these instruments. Long-term debt is categorized as Level 2 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Variable Interest Entity Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair values of VIE notes are determined based on recently&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; executed transaction prices or quoted prices where observable. When position-specific quoted prices are not observable, fair values are based on quoted prices of similar securities. Fair values based on quoted prices of similar securities may be adjusted &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for factors unique to the securities, including any credit enhancement. When observable quoted prices are not available, fair value is determined based on discounted cash flow techniques of the underlying collateral using observable and unobservable inputs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Observable inputs include interest rate yield curves and bond spreads of similar securities. Unobservable inputs include the value of any credit enhancement. VIE notes are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;level input that is significant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Variable Interest Entity Derivatives&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The VIEs have entered into derivative transactions consisting of cross currency swaps and interest rate caps. Fair values of OTC derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are determined using valuation models based on observable and/or unobservable inputs. These observable and market-based inputs include interest rates and volatilities. These derivatives are categorized in Level 2 or Level 3 of the fair value hierarchy bas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed on the input that is significant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate segment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has entered into derivative transactions primarily consisting of interest rate swaps. Fair values of OTC derivatives are determined using &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;valuation models based on observable inputs, nonperformance risk of the Company&amp;#8217;s own credit and nonperformance risk of the counterparties. Observable and market-based inputs include interest rate yields, credit spreads and volatilities. These derivatives &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has policies and procedures in place regarding counterparties, including review&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and approval of the counterparty and the Company&amp;#8217;s exposure limit, collateral posting requirements, collateral monitoring and margin calls on collateral. The Company manages counterparty credit risk on an individual counterparty basis through master netti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;greements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; covering derivative transactions in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. These agreements allow the Company to contractually net amounts due from a counterparty&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with those amounts due to such counterparty when certain triggering events occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provisions that generally provide the ability to require ass&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ignment or termination in the event either the Company or the counterparty is downgraded below a specified credit rating. The netting agreements minimize the potential for losses related to credit exposure and thus serve to mitigate the Company&amp;#8217;s nonperfor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mance risk under these derivatives.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In certain cases, the Company also manages credit risk through collateral agreements that give the Company the right to hold or the obligation to provide collateral when the current market value of derivative contracts e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xceeds an exposure threshold. Under these a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gree&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ments, the Company may provide U.S. Treasury and other highly rated securities or cash to secure the derivative. The delivery of high-quality collateral can minimize credit exposure and mitigate the potential &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for nonperformance risk impacting the fair values of the derivatives.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Derivatives&amp;#8212;Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The derivative contracts insured by the Company cannot be legally traded and generally do not have observable market prices. The Company determines the fair values &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of insured credit derivatives using valuation models. The valuation models are consistently applied from period to period, with refinements to the fair value estimation approach being applied as and when the information becomes available. Negotiated settle&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ments are also considered when determining fair value to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;validate the fair value estimates determined by the valuation models and to determine &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the best &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimate of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value from the perspective of a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market participant.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the balance sheet fair value of insured credit derivatives as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was valued based on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Binomial Expansion Technique (&amp;#8220;BET&amp;#8221;) Model. Approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the balance sheet fair value of insured credit derivatives as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was valued based on the internally developed Direct Price Model and the Dual Default m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;odel. The valuation of insured derivatives includes the impact of its credit standing. All of these derivatives are categorized as Level 3 of the fair value hierarchy as their fair value is derived using significant unobservable inputs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has als&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o entered into a derivative contract as a result of a commutation.  The fair value of the derivative is determined using a discounted cash flow model. Key inputs include unobservable cash flows projected over the expected term of the derivative, discounted&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using observable discount rates and CDS spreads. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Description of the BET Model&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Valuation Model Overview&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company uses the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;BET Model &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimate what a bond insurer would charge to guarantee a transaction at the measurement date, based on the market-im&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;plied default risk of the underlying collateral and the remaining structural protection in a deductible or subordination. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Inputs to the process of determining fair value for structured transactions using the BET Model include estimates of collateral loss,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; allocation of loss to separate tranches of the capital structure, and calculation of the change in value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Model Strengths and Weaknesses&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The primary strengths of the BET Model:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:32.3pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The model takes account of transaction structure and key drivers of fair &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;value. Transaction structure includes par insured, weighted average life, level of deductible or subordination (if any), and composition of collateral.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:32.3pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	The model is a consistent approach to marking positions that minimizes the level of subjectivity. The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Company has also developed a hierarchy for usage of various market-based spread inputs that reduces the level of subjectivity, especially during periods of high illiquidity.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:32.3pt;' &gt;&amp;#8226; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;	The model uses market-based inputs including credit spreads for underlying ref&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erence collateral, recovery rates specific to the type and credit rating of reference collateral, diversity score of the entire collateral pool, and MBIA&amp;#8217;s CDS and derivative recovery rate level.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The primary weaknesses of the BET Model:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014, some of the model inputs were either unobservable or derived from illiquid markets which might adversely impact the model&amp;#8217;s reliability.&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The BET Model requires an input for collateral spreads. However, some securities are quoted only in price terms. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;For securities that trade substantially below par, the calculation of spreads from price to spread can be subjective.&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Results may be affected by using average spreads and a single diversity factor, rather than using specific spreads for each piece of under&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lying collateral and collateral-specific correlations.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;BET Model Inputs &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;a. Credit spreads&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The average spread of collateral is a key input as the Company assumes credit spreads reflect the market&amp;#8217;s assessment of default probability. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Collateral assets are generally considered on an average basis rather than being modeled on an individual basis. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Spreads are obtained from market data sources published by third parties (e.g., dealer spread tables for assets most closely resembling collate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ral within the Company&amp;#8217;s transactions) as well as collateral-specific spreads on the underlying reference obligations provided by trustees or market sources. The Company also calculates spreads based on quoted prices and on internal assumptions about expec&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ted life, when pricing information is available and spread information is not.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Over time, the data inputs change as new sources become available, existing sources are discontinued or are no longer considered to be reliable or the most appropriate. It is th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;preference &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to use more observable spread inputs defined above. However, the Company may on occasion move to less observable spread inputs due to the discontinuation of data sources or due to the Company considering certain spread inputs no long&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er representative of market spreads.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;b. Diversity Scores&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:1.75pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Diversity scores are a means of estimating the diversification in a portfolio. The diversity score estimates the number of uncorrelated assets that are assumed to have the same loss distribution as t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he actual portfolio of correlated assets. While diversity score is a required input into the BET model, due to current high levels of default within the collateral of the structures, diversity score does not have a significant impact on valuation. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;c. Reco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;very Rate&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.35pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The recovery rate represents the percentage of par expected to be recovered after an asset defaults, indicating the severity of a potential loss. MBIA generally uses rating agency recovery assumptions which may be adjusted to account for differen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ces between the collateral used by the rating agencies and the actual collateral in MBIA-insured transactions. The Company may also adjust rating agency assumptions based on the performance of the collateral manager and on empirical market data.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;d. Nonperf&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ormance Risk&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.35pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s valuation methodology for insured credit derivative liabilities incorporates MBIA Corp.&amp;#8217;s own nonperformance risk. The Company calculates the fair value by discounting the market value loss estimated through the BET Model at disc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ount rates which include MBIA Corp.&amp;#8217;s CDS spreads as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The CDS spreads assigned to each deal are based on the weighted average life of the deal. The Company limits the nonperformance impact so that the derivative liability could not &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be lower than MBIA Corp.&amp;#8217;s recovery derivative price multiplied by the unadjusted derivative liability.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Overall Model Results&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s net insured CDS derivative liability was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;244&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion, respectively, based on the results of the aforementioned models. A significant driver of changes in fair value is MBIA Corp.&amp;#8217;s nonperformance risk. In aggregate, the nonperformance calculation resulted in a pre-tax net insured derivativ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e liability that was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;92&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;394&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million lower than the net liability that would have been estimated if MBIA Corp. excluded nonperformance risk in its valuation as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; respectively. Nonperformance risk is a fair value concept and does not contradict MBIA Corp.&amp;#8217;s internal view, based on fundamental credit analysis of MBIA Corp.&amp;#8217;s economic condition, that MBIA Corp. will be able to pay all claims when due.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Warrants&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Stock &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;warrants issued by the Company are valued using the Black-Scholes m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;odel and are recorded at fair value. Inputs into the warrant valuation include the Company&amp;#8217;s stock price, a volatility parameter, interest rates, and dividend data. As all significant input&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s are market-based and observable, warrants are categorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Level 2 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Facility&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fourth quarter of 2013, the Company approved and initiated a plan to sell its Armonk, New York facility. As a result, the facility was class&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ified as held for sale as of December 31, 2014 and 2013 and presented within &amp;#8220;Assets held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheet&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and measured at the lower of its c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;arrying value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or its fair value less cost to sell. The fair market value was esti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mated based on an independent third-party appraisal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; item &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;categorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Level 2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Guarantees&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Gross Financial Guarantees&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;The fair value of gross financial guarantees is determined using discounted cash flow tec&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hniques based on inputs that include (i) assumptions of expected losses on financial guarantee policies where loss reserves have not been recognized, (ii) amount of losses expected on financial guarantee policies where loss reserves have been established, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net of expected recoveries, (iii) the cost of capital reserves required to support the financial guarantee liability, (iv) operating expenses, and (v) discount rates. The  MBIA Corp. CDS spread and recovery rate are used as the discount rate for MBIA Corp.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, while the CDS spread and recovery rate of a similar municipal bond insurance company are used as the discount rate for National, as National does not have a published CDS spread and recovery rate. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying value of the Company&amp;#8217;s gross financial guar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;antees consists of unearned premium revenue and loss and LAE reserves, net of the insurance loss recoverable as reported on MBIA&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Ceded Financial Guarantees&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The fair value of ceded financial guarantees is determined by apply&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing the percentage ceded to reinsurers to the related fair value of the gross financial guarantees. The carrying value of ceded financial guarantees consists of prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses as reported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;within &amp;#8220;Other assets&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Significant Unobservable Inputs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables provide quantitative information regarding the significant unobservable inputs used by the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for assets and liabilities measured at fair value on a recurring basis as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. These tables exclude inputs used to measure fair value that are not developed by the Company, such as broker prices and other third-party pricin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g service valuations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 10% (2%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:left;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;735&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 35% (16%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  adjusted for financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;224&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 90% (59%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12% - 29% (25%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.3 - 3.2 (2.3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS spreads&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 41% (19%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multi-sector CDO&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;53% - 53% (53%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model and Dual Default&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;42% - 45% (45%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;41% - 51% (50%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0.2 - 7.9 (1.1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Cash flows&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$0 - $83 ($42)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2) - Midpoint of cash flows are used for the weighted average.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 17% (3%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 25% (12%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  adjusted for financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,050&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 90% (60%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8% - 57% (25%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.1-28.0 (3.3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS spreads&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1% - 29% (13%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multi-sector CDO&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;57%-57% (57%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model and Dual Default&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;42%-90% (45%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13% - 54% (25%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0.2 - 8.7 (2.3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='6' rowspan='1' style='width:339pt;text-align:left;border-color:Black;min-width:339pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:558pt;text-align:left;border-color:Black;min-width:558pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Sensitivity of Significant Unobservable Inputs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable input used in the fair value measurement of the Company&amp;#8217;s loans receivable at fair value of consolidated VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is the impact of the financial guarantee. The fair value of loans receivable is calculated by subtracting the value of the financial guarantee from the market value of VIE liabilities. The value of a financial guarantee is estimated by the Company as the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;present value of expected cash payments under the policy. As expected cash payments provided by the Company under the insurance policy increase&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; there is a lower expected cash flow on the underlying loans receivable of the VIE. This results in a lower fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value of the loans receivable in relation to the obligations of the VIE.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable inputs used in the fair value measurement of the Company&amp;#8217;s loan repurchase commitments of consolidated VIEs are the recovery rates and breach rates. Reco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;very rates reflect the estimates of future cash flows reduced for litigation delays and risks and/or potential financial distress of the sellers/servicers. The estimated recoveries of the loan repurchase commitments may differ from the actual recoveries th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at may be received in the future. Breach rates represent the rate at which mortgages fail to comply with stated representations and warranties of the sellers/servicers.  Significant increases or decreases in the recovery rates and the breach rates would re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sult in significantly higher or lower fair values of the loan repurchase commitments, respectively. Additionally, changes in the legal environment and the ability of the counterparties to pay would impact the recovery rate assumptions, which could signific&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;antly impact the fair value measurement.  Any significant challenges by the counterparties to the Company&amp;#8217;s determination of breaches of representations and warranties could significantly adversely impact the fair value measurement.  Recovery rates and bre&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ach rates are determined independently.  Changes in one input will not necessarily have any impact on the other input.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable input used in the fair value measurement of the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; notes of consolidated VIEs is the impact of th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e financial guarantee. The fair value of VIE notes is calculated by adding the value of the financial guarantee to the market value of VIE assets. The value of a financial guarantee is estimated by the Company as the present value of expected cash payments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; under the policy. As the value of the guarantee provided by the Company to the obligations issued by the VIE increases, the credit support adds value to the liabilities of the VIE. This results in an increase in the fair value of the liabilities of the VI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable inputs used in the fair value measurement of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s CMBS credit derivatives, which are valued using the BET Model, are CMBS spreads, recovery rates, nonperformance risk and weighted average life. The CMBS spread is an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;indicator of credit risk of the collateral securities. The recovery rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of a potential loss. The nonperformance risk is an assumption of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orp.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s own ability to pay and whether &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;will have the necessary resources to pay the obligations as they come due. Weighted average life is based on the Company&amp;#8217;s estimate of when the principal of the underlying collateral of the CMBS structure wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ll be repaid.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A significant increase or decrease in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CMBS spreads would &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;result in a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n increase or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;decrease in the fair value of the derivative liabilit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A significant increase in weighted average life can result in an increase or decrease in t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he fair value of the derivative liability, depending on the discount rate and the timing of significant losses. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Any significant increase or decrease in recovery rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nonperformance risk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;would result in a decrease or increase in the fair v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alue of the derivative liabilities, respectively. CMBS spreads, recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not necessarily have any impact on the other inputs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;servable input used in the fair value measurement of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;multi-sector CDO credit derivatives, which are valued using the Direct Price Model, is nonperformance risk. The nonperformance risk is an assumption of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;own ability to pay and wh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ether &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;will have the necessary resources to pay the obligations as they come due. Any significant increase or decrease in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nonperformance risk would result in a decrease or increase in the fair value of the derivative liabilities, res&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable inputs used in the fair value measurement of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other credit derivatives, which are valued using the BET Model&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and Dual Default&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, are recovery rates, nonperformance risk and weighted average life. The recove&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of a potential loss. The nonperformance risk is an assumption of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;own ability to pay and whether &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;will have the ne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cessary resources to pay the obligations as they come due. Weighted average life is based on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimate of when the principal of the underlying collateral will be repaid. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A significant increase in weighted average life can result in an increase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or decrease in the fair value of the derivative liability, depending on the discount rate and the timing of significant losses. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Any significant increase or decrease in recovery rates or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nonperformance risk would result in a decrease or increas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e in the fair value of the derivative liabilities, respectively. Recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not necessarily have any impact on the other inputs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant uno&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bservable input used in the fair value measurement of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other derivatives, which are valued using &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a discounted cash flow m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;odel&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimates of future cash flows &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;discounted using market rates and CDS spreads. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Any significant increase or decrease in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;future cash flows &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;would result in a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;increase&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;decrease&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the fair value of the derivative liabilit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Measurements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present the fair value of the Company&amp;#8217;s assets (incl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uding short-term investments) and liabilities measured and reported at fair value on a recurring basis as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;573&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;691&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,724&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,732&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;221&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;290&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,048&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,162&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;156&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;241&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:174pt;text-align:left;border-color:Black;min-width:174pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;794&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,353&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;198&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,345&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;428&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;428&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;729&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;729&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;194&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,087&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,510&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,097&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10,613&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;246&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;167&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities held for sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for loans purchased&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,312&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;735&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,047&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,344&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,463&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;397&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;156&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;553&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,765&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,784&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,776&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,824&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,173&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;509&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;239&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,996&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;783&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;783&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,161&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(42)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;255&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;259&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,713&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,763&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(42)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10,786&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,416&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,356&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,645&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,781&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Level 3 assets at fair value as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; represented approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;22&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of total assets measured at fair value. Level 3 liabilities at fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; represented approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;35&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;61&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively, of total liabilities measured at fair value. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present the fair values and carrying&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lues of the Company&amp;#8217;s assets and liabilities that are disclosed at fair value but not reported at fair value on the Company&amp;#8217;s consolidated balance sheets as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued investment income&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Receivable for investments sold&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Facility&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;138&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,636&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,774&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,899&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;705&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;705&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;547&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,004&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,810&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for investments purchased&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,779&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,779&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,214&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,285&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,499&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,959&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Other assets&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Other liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued investment income&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Receivable for investments sold&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net cash collateral pledged&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Facility&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;103&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,655&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,933&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;814&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;814&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;700&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;927&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;927&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,224&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,702&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for investments purchased&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,443&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,492&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,935&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,587&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,388&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Other assets&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Other liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present information about changes in Level 3 assets (including short-term investments) and liabilities measured at fair value on a recurring basis for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(48)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(27)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Perpetual debt and equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt; securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(220)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(316)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(110)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;240&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(140)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,097&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;415&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(903)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(415)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(211)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;735&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency derivatives,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;445&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(848)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(626)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2) - Primarily relates to the deconsolidation of VIEs. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:551.25pt;text-align:center;border-color:Black;min-width:551.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;103&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(109)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Perpetual debt and equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;125&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(85)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,881&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(275)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(174)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,086&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(899)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3,532&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;342&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;75&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,272)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(374)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;218&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(196)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,921&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,548&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,778)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,548)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Interest rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(18)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,932&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(277)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,076)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;181&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency derivatives,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5,039&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,548&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,577)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,825)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,076)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;185&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2) - Primarily relates to the deconsolidation of VIEs.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Transfers into and out of Level 3 were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;240&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;140&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Transfers into and out of Level 2 were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;140&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;240&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Transfers into Level 3 were principally related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other ABS, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;state and municipal bonds,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; RMBS agency, CDO&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s, and corporate obligations,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; where inputs, which are signifi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cant to their valuation, became unobservable during the period. State and municipal bonds, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other ABS and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;RMBS agency comprised the majority of the transferred instruments out of Level 3 where inputs, which are significant to their valuation, became observa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ble during the period. These inputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or out of Level 1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Transfers in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to and out of Level 3 were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;403&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;198&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Transfers into and out of Level 2 were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;198&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;403&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Transfers into Level 3 were principally related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes, other ABS, state and municipal bonds, CDOs, CMBS and RMBS agency &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;where inputs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which are significant to their valuation, b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecame unobservable during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;period&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; State and municipal bonds, CDOs and RMBS agency comprised the majority of the transferred instruments out of Level 3 where &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inputs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which are significant to their valuation, became observable during the period. These i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;There were no transfers into or out of Level 1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;All Level 1, 2 and 3 designations are mad&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e at the end of each accounting period.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;G&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;relating &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Le&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l 3 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bili&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ope&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Change in Unrealized Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for the Period Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for Assets and Liabilities still&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;held as of December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Revenues:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;903&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,778&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,869&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(87)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;927&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gains (losses) and other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(445)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,548)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(407)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(68)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   Net gains (losses) on financial instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;      at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(376)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;260&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(271)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;444&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;353&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;650&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Option&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company elected to record at fair value certain financial instruments that have been consolidated in connection with the adoption of the accounting guidance for consolidation of VIEs, among others.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;changes in fair value included in the Company&amp;#8217;s consolidated statements of operations for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and 2012 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial instruments for which the fair value option was elected:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity securities held at fair value-VIE&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (104)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (74)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (182)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (107)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (107)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Variable interest entity notes &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;269&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;___________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ega&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ega&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bala&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ndin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loans and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,554&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,377&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,562&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans (90 days or more past due)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;227&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;231&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;181&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;721&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,502&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;360&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,077&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;465&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,584&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,787&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,356&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;242&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;276&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ub&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ud&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ngs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ds&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes reported in the preceding table &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;k. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;due &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ppor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:FairValueDisclosuresTextBlock>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_789" unitRef="USD">43000000</us-gaap:AccruedInvestmentIncomeReceivable>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_790" unitRef="USD">1959000000</mbi:FinancialGuaranteeGross>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_791" unitRef="USD">6160000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_792" unitRef="USD">71000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_793" unitRef="USD">2651000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_794" unitRef="USD">39000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_795" unitRef="USD">903000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_796" unitRef="USD">1612000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_797" unitRef="USD">173000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_798" unitRef="USD">54000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_799" unitRef="USD">4000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_800" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_801" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_802" unitRef="USD">34000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_803" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_804" unitRef="USD">11000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_805" unitRef="USD">113000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_806" unitRef="USD">21000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_807" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_808" unitRef="USD">202000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_809" unitRef="USD">3457000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="INF" id="ID_810" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_811" unitRef="USD">196000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_812" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_813" unitRef="USD">-2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_814" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_815" unitRef="USD">899000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_816" unitRef="USD">29000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_817" unitRef="USD">-1577000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_818" unitRef="USD">-6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_819" unitRef="USD">-1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <mbi:CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_820" unitRef="USD">26000000</mbi:CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_821" unitRef="myYears">7.9</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_822" unitRef="USD">1612000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_823" unitRef="USD">5300000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities>
  <mbi:OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_824" unitRef="USD">4000000</mbi:OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_825" unitRef="pure">0.53</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_826" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_827" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="2" id="ID_828" unitRef="pure">0.15</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_829" unitRef="USD">195000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_830" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_831" unitRef="USD">203000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_832" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_833" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_834" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_835" unitRef="USD">16000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold>
  <us-gaap:ScheduleOfRealizedGainLossTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_836">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:240pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:240pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Proceeds from sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,726&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,658&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized gains &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(127)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfRealizedGainLossTableTextBlock>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_837" unitRef="USD">193000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_838" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_839" unitRef="USD">3282000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_840" unitRef="USD">3000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_841" unitRef="USD">4044000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_842" unitRef="USD">9000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_843" unitRef="USD">49000000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_844" unitRef="USD">0</us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_845" unitRef="USD">148000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_846" unitRef="USD">90000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-6" id="ID_847" unitRef="USD">391000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:UndistributedEarningsAllocatedToParticipatingSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_848" unitRef="USD">5000000</us-gaap:UndistributedEarningsAllocatedToParticipatingSecurities>
  <mbi:NumberOfOtherLawsuits contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_849" unitRef="Lawsuits">0</mbi:NumberOfOtherLawsuits>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_850" unitRef="USD">3000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_851" unitRef="USD">338000000</us-gaap:OperatingExpenses>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_852" unitRef="USD">14000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_853" unitRef="USD">641000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="2" id="ID_854" unitRef="pure">0.2</mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_855" unitRef="USD">9000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_856" unitRef="USD">-13000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_857" unitRef="USD">1000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_858" unitRef="USD">109000000</us-gaap:InterestExpense>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_859" unitRef="USD">69000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_860" unitRef="USD">4000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_861">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 3: Recent Accounting Pronouncements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recently Adopted Accounting Standards &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Income Taxes (Topic 740)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (ASU &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;2013-11)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;July of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3, the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Financial Accounting Standards Board (&amp;#8220;FASB&amp;#8221;) issued Accounting Standards Update (&amp;#8220;ASU&amp;#8221;) 2013-11, &amp;#8220;Income Taxes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(Topic &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;74&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0)&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforwar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d Exists.&amp;#8221; ASU 2013-11 requires presentation of an UTB as a reduction to a deferred tax asset when a NOL carryforward, a similar tax loss, or a tax credit carryforward exists in the same tax year and jurisdiction as the UTB. ASU 2013-11 does not affect the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; recognition or measurement of uncertain tax positions under &amp;#8220;Income Taxes (Topic 740)&amp;#8221; and does not affect any related tax disclosures. ASU 2013-11 was effective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; interim and annual periods&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; beginning January 1, 2014. The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;previously &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y UTBs as a reduction to a deferred tax asset in accordance with ASU 2013-11 as all of its UTBs relate to the same tax years and jurisdictions in which NOLs exist, therefore, this accounting pronouncement did not affect the Company&amp;#8217;s consolidated financial&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has not adopted any &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;new accounting pronouncements that had a material impact on its consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Accounting Developments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Presentation of Financial Statements (Topic 205) and Property, P&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;lant, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Equipment (Topic 360)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In April of 2014, the FASB issued ASU 2014-08, &amp;#8220;Presentation of Financial Statements (Topic&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 205) and Property, Plant, and Equipment (Topic 360)-Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.&amp;#8221; ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; entity qualifies for discontinued operations presentation and requires new disclosures. ASU 2014-08 amends the definition of discontinued operation to a disposal of components of an entity that represent strategic shifts that have, or will have, a major e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ffect on an entity&amp;#8217;s operations and financial results. ASU 2014-08 is effective for interim and annual periods beginning January 1, 2015, and with early adoption permitted but only for disposals or classifications as held for sale that have not been report&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed in previously issued financial statements. The adoption of ASU 2014-08 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Revenue from Contracts with Customers (Topic 606) (ASU 2014-09)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In May of 2014, the FASB issued &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2014-09, &amp;#8220;Revenue from Contracts with Customers (Topic 606).&amp;#8221; ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other ac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;counting standards. ASU 2014-09 is effective for interim and annual periods beginning January 1, 2017, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impact of adopting ASU 2014-09.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Tra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;nsfers and Servicing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(Topic 860&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &amp;#8212; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures (ASU 2014-11)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In June of 2014, the FASB issued ASU 2014-11, &amp;#8220;Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and Discl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;osures.&amp;#8221; The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repurchase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing transactions to secured&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactions accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual periods beginning January 1, 2015, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Compensation-Stock Compensation (Topic 718&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Accounting for Share-Based Payments When the Terms of an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues Task Force) (ASU 2014-12)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In June of 2014, the FASB issued ASU 2014-12, &amp;#8220;Compensation-Stock Compensation (Topic 718)-Accou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.&amp;#8221; ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uld be achieved after an employee&amp;#8217;s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a prospective basis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Consolidation (Topic 810)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collaterali&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;zed Financing Entity (ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;) &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2014, the FASB issued ASU 2014-13, &amp;#8220;Consolidation (Topic 810)-Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2014-13 applies to a consoli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dated collateralized financing entity defined as a consolidated VIE that holds financial assets and issues beneficial interests in those financial assets that are classified as financial liabilities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may elect to measure the financial assets an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d the financial liabilities of a consolidated collateralized financing entity using a measurement alternative provided in ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The measurement alternative requires both the financial assets and the financial liabilities of the consolidated collater&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alized financing entity to be measured using the more observable of the fair value of the financial assets and the fair value of the financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e measurement alternative to existing consolidated collateralized financing entities. ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted. The adoption of ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is not expected to materially&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Presentation of Financial Statements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&amp;#8217;s Ability to Continue as a Going Concern&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;15&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2014, the FASB is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sued ASU 2014-15, &amp;#8220;Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&amp;#8217;s Ability to Continue as a Going Concern.&amp;#8221; ASU 2014-15 requires management to evaluate whether there are conditions or even&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts that raise substantial doubt about the entity&amp;#8217;s ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the financial statements are issued. ASU 2014-15 is effective for the annual period end&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The adoption of ASU 2014-15 is not expected to materially impa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Consolidation (Topic 810) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;Amendments to the Consolidation Analysis &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(ASU 2015-02)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2015, the FASB issued ASU 2015-02, &amp;#8220;Consolidation (Topic 810)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Amendments to the Consolidation Analysis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2015-02 amends the accounting guidance for consolidation of legal entities including VIEs. ASU 2015-02 eliminates the specialized consolidation model and guidance for limited partnerships, amends the conditions for evaluating whether a fee paid to a de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cision maker or a service provider represents a variable interest in a VIE, amends the related party guidance for the determination of the primary beneficiary of a VIE, and requires certain investment funds designed as VIEs, except money market funds, to a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pply the amended consolidation guidance. ASU 2015-02 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t of adopting ASU 2015-02.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_862" unitRef="USD">165000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_863" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_864" unitRef="USD">16000000</us-gaap:NetIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_865" unitRef="USD">19000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_866" unitRef="USD">36000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_867" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_868" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_869" unitRef="USD">-31000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_870" unitRef="USD">218000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_871" unitRef="USD">61000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_872" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_873" unitRef="USD">24000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_874" unitRef="USD">1881000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_875" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_876" unitRef="USD">1548000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_877" unitRef="USD">415000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <mbi:CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_878" unitRef="USD">22000000</mbi:CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_879" unitRef="myYears">1.1</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_880" unitRef="myYears">0.2</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_881" unitRef="USD">5600000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets>
  <mbi:DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_882" unitRef="USD">13000000</mbi:DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_883" unitRef="pure">0.53</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_884" unitRef="pure">0.9</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_885" unitRef="USD">97000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="4" id="ID_886" unitRef="pure">0.0172</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_887" unitRef="USD">13000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_888" unitRef="USD">183000000</mbi:InsuranceLossRecoverable>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_889" unitRef="USD">221000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_890" unitRef="USD">87000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_891" unitRef="USD">85000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_892" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_893" unitRef="USD">53000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_894" unitRef="USD">24000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_895" unitRef="USD">156000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_896" unitRef="USD">92000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_897" unitRef="USD">65000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CurrencySwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_898" unitRef="USD">1000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_899" unitRef="USD">6136000000</us-gaap:AvailableForSaleSecuritiesDebtSecurities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_900" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_901" unitRef="USD">26000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_902" unitRef="USD">87000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_903" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3>
  <mbi:TransfersOutOfLevelThree contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_904" unitRef="USD">198000000</mbi:TransfersOutOfLevelThree>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_BETValuationModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_905" unitRef="USD">224000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember" decimals="-6" id="ID_906" unitRef="USD">20000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember" decimals="-6" id="ID_907" unitRef="USD">172000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueOfCreditSupportAnnexes contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_908" unitRef="USD">4000000</mbi:FairValueOfCreditSupportAnnexes>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_909" unitRef="USD">16000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_910" unitRef="pure">0.59</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_911" unitRef="pure">0.29</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_912" unitRef="pure">0.13</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_913" unitRef="pure">0.57</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-8" id="ID_914" unitRef="USD">98900000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_915" unitRef="USD">17000000</us-gaap:OtherInvestments>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_916" unitRef="USD">222000000</us-gaap:OtherAssets>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_917" unitRef="USD">2858000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_918" unitRef="USD">2359000000</us-gaap:TreasuryStockValue>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_919" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:Cash contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_920" unitRef="USD">97000000</us-gaap:Cash>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_921" unitRef="USD">379000000</mbi:LoanRepurchaseCommitments>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_922" unitRef="USD">359000000</mbi:LoanRepurchaseCommitments>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_923" unitRef="USD">1203000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_924" unitRef="USD">4000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_925" unitRef="USD">107000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_926" unitRef="USD">569000000</us-gaap:NetIncomeLoss>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_927" unitRef="shares">-89409887</us-gaap:CommonStockSharesIssued>
  <us-gaap:ProceedsFromInsurancePremiumsCollected contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_928" unitRef="USD">185000000</us-gaap:ProceedsFromInsurancePremiumsCollected>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_929" unitRef="USD">-892000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_930" unitRef="USD">-8000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_931" unitRef="USD">244000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_932">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Cash, Cash Equivalents and Collateral&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Cash and cash equivalents include cash on hand&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;demand deposits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and deposits &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; banks with original maturities of less than 90 days.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_933" unitRef="USD">19958000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_934" unitRef="USD">518000000</mbi:InsuranceLossRecoverable>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_935" unitRef="USD">7248000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_936" unitRef="USD">196000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_937" unitRef="USD">206000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_938" unitRef="USD">5000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_939" unitRef="USD">11038000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_940" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_941" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_942" unitRef="USD">8632000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_943" unitRef="USD">24000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_944" unitRef="USD">19000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_945" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ReinsuranceReceivablesPaidLossesRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_946" unitRef="USD">0</us-gaap:ReinsuranceReceivablesPaidLossesRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_947" unitRef="USD">42000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:LossPaymentsForCasesWithReserves contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_948" unitRef="USD">-337000000</mbi:LossPaymentsForCasesWithReserves>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_949" unitRef="USD">13000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_950" unitRef="USD">108000000</mbi:CollectionsForCasesWithRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_951" unitRef="USD">-17000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_952" unitRef="USD">2757000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_953" unitRef="USD">4000000</us-gaap:OtherInvestments>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_954" unitRef="USD">1810000000</us-gaap:LongTermDebtFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_955" unitRef="USD">2801000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_956" unitRef="USD">700000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_957" unitRef="USD">1412000000</us-gaap:LongTermDebtFairValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_958" unitRef="USD">20000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_959" unitRef="USD">161000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_960" unitRef="USD">2502000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_961">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,554&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,377&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,562&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans (90 days or more past due)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;227&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;231&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;181&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;721&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,502&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;360&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,077&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;465&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,584&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,787&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,356&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;242&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;276&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock>
  <us-gaap:MarketableSecuritiesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_962">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 8: Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investments, excluding those elected under the fair value option, include debt and equity securities classified as either &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or HTM. Other&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; AFS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;invest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily comprised &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;money market funds. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, corresponding gross unrealized gains and losses and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ot&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;OTTI&amp;#8221;) for AFS and HTM investments in the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tf&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;631&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;667&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,644&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,730&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;283&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;290&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,984&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,936&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;231&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;222&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,075&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;208&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(90)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;422&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;422&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,509&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;209&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,571&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(90)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;528&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;535&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,831&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,780&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,682&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,668&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,167&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;151&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;187&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,897&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,764&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;781&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;781&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities &lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,824&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,692&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,651&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS and HTM f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Con&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due in one year or less&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;806&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;806&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after one year through five years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,388&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after five years through ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;889&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,459&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,491&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed and asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,533&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,513&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,075&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Deposited and Pledged Securities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;depo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;egu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;au&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ho&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for both periods&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;law&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obligations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ple&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Securities pledged in connection with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;investment agreement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may not be repled&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ged by the investment agreement &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;counterparty&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ledge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;app&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;532&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;735&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ipal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;R&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;go&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; bonds&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hel&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;j&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ban&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ks.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ddi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;all&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pledg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;one&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oll&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;26&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;22&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;me&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;ts&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to AFS and HTM investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;372&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;257&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;317&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;468&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;251&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(91)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;387&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;403&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;845&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(145)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,065&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;851&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(145)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,071&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;269&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;270&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(65)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;788&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;870&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;713&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;857&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,973&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(101)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,452&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,978&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(101)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,457&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:justify;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Gross unrealized losses on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securities decreased &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; compared with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primarily due to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market price appreciation caused by declining interest rates. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Gross unrealized losses on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;creased &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; compared with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primarily due to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market price &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;preciation caused by the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;widenin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g of credit spreads.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;With the weighting applied on the fair value of each security relative to the total fair value, the weigh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ted average contractual maturity of securities in an unrealized loss position as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;18&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;143&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;77&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, respectively, that were in an unrealized loss position for a continuous twelve-month period or longer, of which the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;23&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, respectively, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were below book&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value by more than &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the distribution of securities in an unrealized loss position for a continuous twelve-month period or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;longer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;where&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; below book value by more than 5% as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage of Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Below Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 5% to 15%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 15% to 25%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 25% to 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 575&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 373&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;575&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and gros&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s unrealized loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by credit rating category of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ABS, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and corporate obligations&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; included in the Company&amp;#8217;s consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;investment portfolio as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for which fair value was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;less than amortized cost. The credit ratings are based on ratings from Moody&amp;#8217;s as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or an alternate ratings source, such as S&amp;amp;P, when a security is not rated by Moody&amp;#8217;s. For investments that are insured by various third-party guarante&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e insurers, the credit rating reflects the higher of the insurer&amp;#8217;s rating or the underlying bond&amp;#8217;s rating.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:left;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Below&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:24.75pt;text-align:left;border-color:Black;min-width:24.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Aaa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:62.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:62.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Aa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Baa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Not Rated&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:68.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:21pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:29.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Asset Type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:29.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;ABS &lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;195&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(33)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;MBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:24.75pt;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;442&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;249&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:24.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;258&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(90)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,356&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(136)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;total ABS, MBS and corporate obligations reported in the preceding table include those which are guaranteed by financial guarantors. In addition, the following table presents informatio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n on ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;guaranteed by the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and third-party financial guarantors.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insured Securities Rated Below&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Investment Grade without the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:138pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:138pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Effect of Guarantee&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average Credit Rating with the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average Credit Rating without the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Asset Type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Effect of Guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Effect of Guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;ABS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Baa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63pt;text-align:right;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to the table in the &amp;#8220;Determination of Credit Loss Guaranteed by the Company and Other Third-Party Guarantors&amp;#8221; section within the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; section of this note for information on the insured securities included in the table above. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company concluded t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hat it does not have the intent to sell securities in an unrealized loss position and it is more likely than not, that it w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ould&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; not have to sell these securities before recovery of their cost basis. In making this conclusion, the Company examined the cash &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;flow projections for its investment portfolios, the potential sources and uses of cash in its businesses, and the cash resources available to its business other than sales of securities. It also considered the existence of any risk management or other plan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that would require the sale of impaired securities. Impaired securities that the Company intends to sell before the expected recovery of such securities&amp;#8217; fair values have been written down to fair value.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Other-Than-Temporary Impairments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Evaluating AFS Securities for OTTI&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has an ongoing review process for all securities in its investment portfolio, including a quarterly assessment of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. This evaluation includes both qualitative and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (i) the magnitude and duration of declines in fair value; (ii) the reasons for the decline&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s in fair value, such as general credit spread movements in each asset-backed sector, transaction-specific changes in credit spreads, credit rating downgrades, modeled defaults, and principal and interest payment priorities within each investment structure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; and (iii) any guarantees associated with a security such as those provided by financial guarantee insurance companies, including MBIA Corp. and National.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In calculating credit-related losses, the Company utilizes cash flow modeling based on the type of s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecurity. The Company&amp;#8217;s cash flow analysis considers all sources of cash, including credit enhancement, that support the payment of amounts owed by an issuer of a security. This includes the consideration of cash expected to be provided by financial guarant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ors, including MBIA Corp., resulting from an actual or potential insurance policy claim. In general, any change in the amount and/or timing of cash flows received or expected to be received, whether or not such cash flows are contractually defined, is refl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ected in the Company&amp;#8217;s cash flow analysis for purposes of assessing an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss on an impaired security.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Each quarter, an internal committee, comprising staff that is independent of the Company&amp;#8217;s evaluation process for determining &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of securities, revi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ews and approves the valuation of investments. Among other responsibilities, this committee ensures that the Company&amp;#8217;s process for identifying and calculating &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, including the use of models and assumptions, is reasonable and complies with the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;internal policy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Determination of Credit Loss on ABS, MBS and Corporate Obligations&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;ABS investments are eval&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uated for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using historical collateral performance, deal waterfall and structural protections, credit ratings, and forward looking projections of collateral performance based on business and economic conditions specific to each collateral type and risk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The underlying collateral is evaluated to identify any specific performance concerns, and stress scenarios are considered in forecasting ultimate returns of principal. Based on this evaluation, if a principal default is projected for a security, estimate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d future cash flows are discounted at the security&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; interest rate used to recognize interest income on the security&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;For CDO investments, the Company utilizes the same tools as its RMBS investments discussed below, aggregating the bond level cash flows to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the CDO investment level. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;If the present value of cash flows is less than the Company&amp;#8217;s amortized cost for the security, the difference is recorded as an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;RMBS investments are evaluated for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;several &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;quantitative tools. Loan level data &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obtained and analyzed in a model that produces prepayment, default, and severity vectors. The model utilizes macro inputs, including housing price assumptions and interest rates. The vector outputs are used as inputs to a third-party cash flow model, whic&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h considers deal waterfall dynamics and structural features, to generate cash flows for an RMBS investment. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expected cash flows of the security are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; then discounted at the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest rate used to recognize interest income of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;security&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to arrive at a pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;esent value amount&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. If the present value of the cash flows is less than the Company&amp;#8217;s amortized cost for the investment, the difference is recorded as an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Corporate obligation investments are evaluated for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using credit analysis techniques. T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company&amp;#8217;s analysis includes a detailed review of a number of quantitative and qualitative factors impacting the value of an individual security. These factors include the interest rate of the security (fixed or floating), the security&amp;#8217;s current market s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pread, any collateral supporting the security, the security&amp;#8217;s position in the issuer&amp;#8217;s capital structure, and credit rating upgrades or downgrades. Additionally, these factors include an assessment of various issuer-related credit metrics including market &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;capitalization, earnings, cash flow, capitalization, interest coverage, leverage, liquidity, management and a third-party quantitative default probability model. The Company&amp;#8217;s analysis is augmented by comparing market prices for similar securities of other&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; issuers in the same sector, as well as any recent corporate or government actions that may impact the ultimate return of principal. If the Company determines that&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a principal default is projected, a recovery analysis is p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erformed using the above data. If the Company&amp;#8217;s estimated recovery value for the security is less than its amortized cost, the difference is recorded as an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss. &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Determination of Credit Loss Guaranteed by the Company and Other Third-Party Guarantors&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company does not record &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; related to credit concerns about issuers of securities insured by MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Corp. and National since investors in these securities, including MBIA, are guaranteed payment of principal and interest when due by MBIA. Securities insured by the Company, whether or not owned by the Company, are evaluated for impairment as part of its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance surveillance process and, therefore, losses on securities insured by the Company are recorded in accordance with its loss reserving policy. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 2: Significant Accounting Policies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;included herein&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;information about the Company&amp;#8217;s loss reserving policy and &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for information about loss reserves.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In considering cash expected to be provided from other third-party &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial guarantors, the Company assesses the financial guarantor&amp;#8217;s ability to make claim payments under a variety of scenarios that test the guarantor&amp;#8217;s ultimate claims paying ability. The weighted average outcome of these scenarios, combined with the ca&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh flows provided by the insured security, are used to determine the recoverability of the Company&amp;#8217;s amortized cost.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table provides information about securities held by the Company as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that were in an unrealized loss po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sition and insured by a financial guarantor, along with the amount of insurance loss reserves corresponding to the par amount owned by the Company:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reserve &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(33)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes investments insured by MBIA Corp. and National.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Credit Loss Rollforward&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edit lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ogn&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ning&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;j&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ogn&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;da&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;og&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;din&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hang&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unts. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014, the Company recognized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;additional&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit loss impairment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by discounting the projected cash flows to estimate the portion of loss in value attributable to the credit. This OTTI loss was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to a corporate obligation security that incurred liquidity concerns, downgrades in credit and other adverse f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inancial conditions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; additional credit loss impairment in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily related to CDO&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company considered the fair value to be the most relevant indicator of the recovery value.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:185.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit Losses Recognized in Earnings Related to OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Beginning balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;341&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities not previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;on securities sold during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(174)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;impaired to fair value during the period&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(111)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for increases in cash flows expected to be collected over the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;remaining life of the security&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ending balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; required to sell the security before recovery of the security&amp;#39;s amortized cost.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:11pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Sales of Available-for-Sale Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:11pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Gross r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eali&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are recorded within &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;#8221; on the Company&amp;#8217;s consolidated statements of operations. The proceeds and the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gross realized gains and losses from sales of fixed-maturity securities held as AFS for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended December 31, 2014, 2013 and 2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are as follows: &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:240pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:240pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Proceeds from sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,726&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,658&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized gains &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(127)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:MarketableSecuritiesTextBlock>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_963" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_964" unitRef="USD">92000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_965" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_966" unitRef="USD">528000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_967" unitRef="USD">6824000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_968" unitRef="USD">2651000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_969" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_970" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_971" unitRef="USD">57000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_972" unitRef="USD">87000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_973" unitRef="USD">2801000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_974" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_975" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_976" unitRef="USD">317000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_977" unitRef="USD">87000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:EstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_978" unitRef="USD">190000000</us-gaap:EstimatedInsuranceRecoveries>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_979" unitRef="USD">8000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_980" unitRef="USD">156000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_981" unitRef="USD">-81000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_982" unitRef="USD">53000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_983" unitRef="USD">248000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_984" unitRef="USD">397000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_985" unitRef="USD">1173000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_986" unitRef="USD">17000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_987" unitRef="USD">2757000000</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_988" unitRef="USD">24000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_989" unitRef="USD">595000000</mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities>
  <mbi:Cashcollateralpledge contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_990" unitRef="USD">24000000</mbi:Cashcollateralpledge>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_991" unitRef="USD">20000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_992" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_993" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_994" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_995" unitRef="USD">21000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_996" unitRef="USD">78000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_997" unitRef="USD">3452000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_998" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_999" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:PercentageOfSecuritiesBookValueExceededMarketValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="4" id="ID_1000" unitRef="pure">0.05</mbi:PercentageOfSecuritiesBookValueExceededMarketValue>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_1001" unitRef="USD">53000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1002" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1003" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1004" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="2" id="ID_1005" unitRef="pure">1</mbi:PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors>
  <mbi:PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="2" id="ID_1006" unitRef="pure">0</mbi:PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1007" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1008" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1009" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1010" unitRef="USD">363000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1011" unitRef="USD">3903000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1012" unitRef="USD">7406000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1013" unitRef="USD">36000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1014" unitRef="USD">19000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1015" unitRef="USD">8000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1016" unitRef="USD">5000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_1017" unitRef="USD">15000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:CurrentStateAndLocalTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1018" unitRef="USD">8000000</us-gaap:CurrentStateAndLocalTaxExpenseBenefit>
  <us-gaap:CurrentForeignTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1019" unitRef="USD">1000000</us-gaap:CurrentForeignTaxExpenseBenefit>
  <us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1020">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Current taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;350&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;166&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;364&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income taxes charged (credited) to shareholders&amp;#39; equity related to:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in unrealized gains (losses) on AFS securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in AFS securities with OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in foreign currency translation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Share-based compensation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total income taxes charged (credited) to shareholders&amp;#39; equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total effect of income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;497&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock>
  <us-gaap:DeferredTaxAssetsDerivativeInstruments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1021" unitRef="USD">37000000</us-gaap:DeferredTaxAssetsDerivativeInstruments>
  <us-gaap:DeferredTaxAssetsOtherComprehensiveLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1022" unitRef="USD">0</us-gaap:DeferredTaxAssetsOtherComprehensiveLoss>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1023" unitRef="USD">5887000000</us-gaap:Assets>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB" decimals="-6" id="ID_1024" unitRef="USD">36000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1025">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;on AFS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Foreign Currency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Translation, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, January 1, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(163)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(176)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;232&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(126)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(139)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(142)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(96)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(27)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1026" unitRef="USD">641000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1027" unitRef="USD">232000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:Revenues contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1028" unitRef="USD">1209000000</us-gaap:Revenues>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1029" unitRef="USD">207000000</us-gaap:TradingSecurities>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1030" unitRef="USD">408000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:EarningsPerShareBasic contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="2" id="ID_1031" unitRef="USDPerShare">2.94</us-gaap:EarningsPerShareBasic>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1032" unitRef="USD">-31000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1033" unitRef="USD">3000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1034" unitRef="USD">38000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1035" unitRef="USD">27000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1036" unitRef="USD">4000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1037" unitRef="USD">102000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1038" unitRef="USD">10786000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1039" unitRef="USD">11000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1040" unitRef="USD">85000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1041" unitRef="USD">459000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1042" unitRef="USD">23000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1043" unitRef="USD">616000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1044" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1045" unitRef="USD">41000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1046" unitRef="USD">12000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1047" unitRef="USD">1000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1048" unitRef="USD">-36000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1049" unitRef="USD">0</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1050" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1051" unitRef="USD">30000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1052" unitRef="USD">-6000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1053" unitRef="USD">0</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1054" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1055" unitRef="USD">78000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1056" unitRef="USD">1932000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1057" unitRef="USD">21000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1058" unitRef="USD">-10000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1059" unitRef="USD">189000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1060" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1061" unitRef="USD">-32000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <mbi:ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRmbsIneligibleMortgageLoansMember" decimals="-6" id="ID_1062" unitRef="USD">417000000</mbi:ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions>
  <mbi:TransfersIntoLevelTwo contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1063" unitRef="USD">198000000</mbi:TransfersIntoLevelTwo>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember" decimals="-6" id="ID_1064" unitRef="USD">24000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:DerivativeAssetCounterpartyNettingAmountFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1065" unitRef="USD">81000000</mbi:DerivativeAssetCounterpartyNettingAmountFairValue>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1066" unitRef="pure">0.45</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1067" unitRef="pure">0.41</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1068" unitRef="pure">0.19</mbi:FairValueMeasurementRangePercentage>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1069" unitRef="USD">147000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_1070" unitRef="USD">27000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="-6" id="ID_1071" unitRef="USD">241000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1072" unitRef="USD">10000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1073" unitRef="USD">20000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1074" unitRef="USD">428000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1075" unitRef="USD">22000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1076" unitRef="USD">5000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1077" unitRef="USD">10613000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1078" unitRef="USD">16284000000</us-gaap:Assets>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1079" unitRef="USD">281000000</us-gaap:CommonStockValue>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1080" unitRef="USD">3128000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="0" id="ID_1081" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_1082" unitRef="shares">85562546</us-gaap:TreasuryStockShares>
  <us-gaap:DebtInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1083" unitRef="USD">2047000000</us-gaap:DebtInstrumentFairValue>
  <us-gaap:DebtInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1084" unitRef="USD">2356000000</us-gaap:DebtInstrumentFairValue>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1085" unitRef="USD">5036000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1086" unitRef="USD">45000000</us-gaap:InterestExpense>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_1087" unitRef="USD">569000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_1088" unitRef="USD">107000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_1089" unitRef="USD">2858000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_1090" unitRef="shares">3334074</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1091" unitRef="USD">-1566000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <mbi:IncreaseDecreaseInInsuranceLossRecoverable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1092" unitRef="USD">-162000000</mbi:IncreaseDecreaseInInsuranceLossRecoverable>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1093" unitRef="USD">0</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:ConsolidationPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1094">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;nsolidation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company has a controlling financial interest. All intercompany balances and transactions have been elimin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;variable interest entity (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Voting interest entities are entities in which (i)&amp;#160;the total &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&amp;#160;the equity holders have the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity&amp;#8217;s a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ctivities. Voting interest entities are consolidated when the Company has a majority voting interest.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs are entities that lack one or more of the characteristics of a voting interest entity. The consolidation of a VIE is required if an entity has a vari&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest or interests give it a controlling financial interest in the VIE. A controlling financial inte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rest is present when an enterprise has both (a)&amp;#160;the power to direct the activities of a VIE that most significantly impact the entity&amp;#8217;s economic performance and (b)&amp;#160;the obligation to absorb losses or the right to receive benefits of the VIE that could pote&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ntially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. The Company consolidates all VIEs in which it is the primary beneficiary. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 4: Variable Interest Entities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or additional information.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company elected to apply the fair value option to all financial assets and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities of certain consolidated VIEs on a VIE-by-VIE basis.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ConsolidationPolicyTextBlock>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_1095" unitRef="USD">1989000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1096" unitRef="USD">302000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1097" unitRef="USD">447000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_1098" unitRef="USD">19000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1099" unitRef="USD">80000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1100" unitRef="USD">2191000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1101" unitRef="USD">14000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1102" unitRef="USD">14000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1103" unitRef="USD">227000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1104" unitRef="USD">1073000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1105" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1106" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:LaeInsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1107" unitRef="USD">0</mbi:LaeInsuranceLossRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossReservesClaimLiabilityMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1108" unitRef="USD">464000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1109">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:354pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(157)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(35)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;506&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of payments.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;853&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(337)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:32.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;border-color:Black;min-width:486.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of payments.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1110" unitRef="USD">1000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1111" unitRef="USD">-7000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1112" unitRef="USD">-91000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1113" unitRef="USD">-3000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1114" unitRef="USD">4051000000</mbi:FinancialGuaranteeGross>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1115" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1116" unitRef="USD">1172000000</us-gaap:LongTermDebtFairValue>
  <mbi:ReceivableForInvestmentsSold contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1117" unitRef="USD">22000000</mbi:ReceivableForInvestmentsSold>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1118" unitRef="USD">5935000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1119" unitRef="USD">12000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1120" unitRef="USD">52000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1121" unitRef="USD">231000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue>
  <mbi:FairValueOptionAggregateFairValueMediumTermNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1122" unitRef="USD">203000000</mbi:FairValueOptionAggregateFairValueMediumTermNotes>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1123" unitRef="USD">90000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1124" unitRef="USD">8000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1125" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1126" unitRef="USD">202000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1127" unitRef="USD">136000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1128" unitRef="USD">96000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1129" unitRef="USD">31000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1130" unitRef="USD">5000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1131" unitRef="USD">1668000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1132" unitRef="USD">6692000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1133" unitRef="USD">468000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1134" unitRef="USD">175000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1135" unitRef="USD">373000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1136" unitRef="USD">372000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1137" unitRef="USD">373000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1138" unitRef="USD">202000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <dei:EntityRegistrantName contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1139">MBIA INC</dei:EntityRegistrantName>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1140" unitRef="USD">6830000000</us-gaap:Investments>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1141" unitRef="USD">700000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1142" unitRef="USD">16284000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_1143" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1144" unitRef="USD">2801000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1145" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1146" unitRef="USD">587000000</us-gaap:TradingSecurities>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1147" unitRef="USD">1069000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1148" unitRef="USD">-6000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_1149" unitRef="shares">277812430</us-gaap:CommonStockSharesIssued>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1150" unitRef="USD">277000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1151" unitRef="USD">1494000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:RepaymentsOfMediumTermNotes contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1152" unitRef="USD">197000000</us-gaap:RepaymentsOfMediumTermNotes>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1153" unitRef="USD">268000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <mbi:ProceedsFromConsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1154" unitRef="USD">0</mbi:ProceedsFromConsolidationOfVariableInterestEntity>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1155" unitRef="USD">-515000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <dei:TradingSymbol contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1156">MBI</dei:TradingSymbol>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1157" unitRef="USD">694000000</mbi:InsuranceLossRecoverable>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1158" unitRef="USD">2441000000</us-gaap:UnearnedPremiums>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1159" unitRef="USD">294000000</us-gaap:OtherLiabilities>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1160" unitRef="USD">2289000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="0" id="ID_1161" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1162" unitRef="USD">0</us-gaap:DerivativeLiabilities>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1163" unitRef="USD">1204000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1164" unitRef="USD">441000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_1165" unitRef="USD">13000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_1166" unitRef="USD">-86000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1167" unitRef="USD">-2318000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:ProceedsFromReinsuranceAndRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1168" unitRef="USD">2621000000</mbi:ProceedsFromReinsuranceAndRecoveries>
  <us-gaap:RepaymentsOfMediumTermNotes contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1169" unitRef="USD">168000000</us-gaap:RepaymentsOfMediumTermNotes>
  <us-gaap:IncreaseDecreaseInPremiumsReceivable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1170" unitRef="USD">-138000000</us-gaap:IncreaseDecreaseInPremiumsReceivable>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1171" unitRef="USD">1579000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <mbi:ProceedsFromConsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1172" unitRef="USD">221000000</mbi:ProceedsFromConsolidationOfVariableInterestEntity>
  <us-gaap:FairValueMeasurementPolicyPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1173">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Measurements&amp;#8212;Definition and Hierarchy&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In determining fair value, the Company uses various valuation approaches, including both market and income approaches. The accounting guidance for fair value measurement establishes a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mpany believes that market participants would use in pricing the asset or liability developed based on market data. Unobservable inputs are those that reflect the Company&amp;#8217;s beliefs about the assumptions market participants would use in pricing the asset or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; liability developed based on the best information available. The hierarchy is broken down into three levels based on the observability and reliability of inputs as follows:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 1&amp;#8212;Valuations based on quoted prices in active markets for identical assets o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r liabilities that the Company has the ability to access. Assets utilizing Level 1 inputs generally include U.S. Treasuries, foreign government bonds, money market securities and certain corporate obligations that are highly liquid and actively traded.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2&amp;#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that are traded less frequently than excha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nge-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by obser&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vable market data. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 3&amp;#8212;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lue is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The level of activity in a market c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ontributes to the determination of whether an input is observable. An active market is one in which transactions for an asset or liability occurs with sufficient frequency and volume to provide pricing information on an ongoing basis. In determining whethe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r a market is active or inactive, the Company considers the following traits to be indicative of an active market:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transactions are frequent and observable;&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;prices in the market are current;&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;price quotes among dealers do&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; not vary significantly over time; and&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sufficient information relevant to valuation is publicly available.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The availability of observable inputs can vary from product to product and period to period and is affected by a wide variety of factors, including, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;arket, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair valu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ignificant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Fair value is a market-based measure considered from the perspective of a market participant rather than an entity-specific measure. Therefore, even when market assumptions are not readily available&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s own assumptions are set to reflect those that it believes market participants would use in pricing the asset or liability at the measurement date. The Company uses prices and inputs that are current as of the measurement date, including dur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing periods of market dislocation. In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition could cause an instrument to be reclassified from Level 1 to Level 2 or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2 to Level 3.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company has also taken into account its own nonperformance risk and that of its counterparties when measuring fair value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:FairValueMeasurementPolicyPolicyTextBlock>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1174" unitRef="USD">35940000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1175" unitRef="USD">41000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1176" unitRef="USD">121000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_1177" unitRef="USD">7830000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1178" unitRef="USD">56528000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1179" unitRef="USD">2000000</us-gaap:Investments>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1180" unitRef="USD">676000000</mbi:InsuranceLossRecoverable>
  <mbi:ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1181">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:217.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Second-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(151)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;First-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Losses and LAE expense (benefit)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes ABS CDOs, CMBS, U.S. public finance and other issues.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1182" unitRef="USD">819000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:PropertyPlantAndEquipmentPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1183">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Property and Equipment&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Property and equipment consists of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and, buildings, leasehold improvements, furniture, fixtures and equipment and software&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; owned by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. All property and equipment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held for use &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is recorded at cost and, except for land, is depreciated over the appropriate useful life of the asset using the straight-line method. Leasehold improvements are amortized over the useful life of the imp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rovement or the remaining term of the lease, whichever is shorter. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s balance sheet &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and any gain or loss on disposition is recognized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in earnings&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as a component of &amp;#8220;Other net realized gains (losses).&amp;#8221; Maintenance and repairs are charged to current earnings as incurred.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Property, leasehold improvements and equipment are tested for potential impairment whenever events or changes in circumstances sugg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;est that an asset&amp;#8217;s or asset group&amp;#8217;s carrying value may not be fully recoverable. An impairment loss, calculated as the difference between the estimated fair value and the carrying value of an asset or asset group, is recognized if the sum of the expected &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;undiscounted cash flows relating to the asset or asset group is less than the corresponding carrying value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s estimated remaining weighted average &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;useful lives of each class of assets &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held for use as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Leasehold improvements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Furniture and fixtures&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equipment and software&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4 years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:PropertyPlantAndEquipmentPolicyTextBlock>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_1184" unitRef="USD">49686000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1185" unitRef="USD">36656000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_1186" unitRef="USD">211000000</us-gaap:UnearnedPremiums>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1187" unitRef="USD">141000000</us-gaap:Investments>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1188" unitRef="USD">327000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="INF" id="ID_1189" unitRef="Policies">98</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_1190" unitRef="Issues">147</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1191" unitRef="USD">860000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1192" unitRef="USD">-24000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="INF" id="ID_1193" unitRef="Policies">192</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1194" unitRef="USD">7861000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1195" unitRef="USD">96000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ReinsuranceReceivablesCaseBasis contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1196" unitRef="USD">8000000</us-gaap:ReinsuranceReceivablesCaseBasis>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-8" id="ID_1197" unitRef="USD">400000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1198" unitRef="USD">141000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1199" unitRef="USD">33000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1200" unitRef="USD">35000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1201" unitRef="USD">801000000</us-gaap:MediumTermNotes>
  <mbi:ReceivableForInvestmentsSold contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1202" unitRef="USD">69000000</mbi:ReceivableForInvestmentsSold>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1203" unitRef="USD">814000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1204" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1205" unitRef="USD">860000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1206" unitRef="USD">80000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="INF" id="ID_1207" unitRef="Issues">4</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1208" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1209" unitRef="USD">-55000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:EstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1210" unitRef="USD">694000000</us-gaap:EstimatedInsuranceRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-8" id="ID_1211" unitRef="USD">1500000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1212" unitRef="USD">13000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1213" unitRef="USD">0</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1214" unitRef="USD">3011000000</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1215">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;573&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;691&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,724&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,732&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;221&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;290&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,048&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,162&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;156&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;241&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:174pt;text-align:left;border-color:Black;min-width:174pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;794&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,353&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;198&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,345&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;428&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;428&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;729&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;729&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;194&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,087&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,510&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,097&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10,613&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;246&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;167&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities held for sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for loans purchased&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,312&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;735&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,047&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,344&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,463&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;397&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;156&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;553&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,765&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,784&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,776&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,824&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,173&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;509&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;239&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,996&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;783&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;783&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,161&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(42)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;255&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;259&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,713&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,763&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(42)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10,786&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,416&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,356&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,645&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,781&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1216" unitRef="USD">705000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1217" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1218" unitRef="USD">4000000</us-gaap:OtherInvestments>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1219" unitRef="USD">2751000000</us-gaap:NotesPayable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1220" unitRef="USD">103000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1221" unitRef="USD">-39000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1222" unitRef="USD">18000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1223" unitRef="USD">-87000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1224" unitRef="USD">10000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1225" unitRef="USD">1846000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1226" unitRef="USD">1377000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1227" unitRef="USD">814000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1228" unitRef="USD">2933000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1229" unitRef="USD">1412000000</us-gaap:LongTermDebtFairValue>
  <mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1230" unitRef="USD">242000000</mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1231" unitRef="USD">283000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1232" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1233" unitRef="USD">94000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1234" unitRef="USD">147000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1235" unitRef="USD">92000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1236" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1237" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1238" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1239" unitRef="USD">10000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1240" unitRef="USD">34000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1241" unitRef="USD">851000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1242" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1243" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1244" unitRef="USD">2000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1245" unitRef="USD">12000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1246" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1247" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1248" unitRef="USD">113000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1249" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1250" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1251" unitRef="USD">2757000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1252" unitRef="USD">187000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1253" unitRef="USD">-4000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1254" unitRef="USD">2000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1255" unitRef="USD">1112000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1256" unitRef="USD">2978000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1257" unitRef="USD">270000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1258" unitRef="USD">1244000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1259" unitRef="USD">229000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="INF" id="ID_1260" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="2" id="ID_1261" unitRef="pure">0.5</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1262" unitRef="USD">1356000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1263" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1264" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1265" unitRef="USD">47000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1266" unitRef="USD">113000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember" decimals="-6" id="ID_1267" unitRef="USD">37000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1268" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1269" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1270" unitRef="USD">240000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1271" unitRef="USD">4350000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1272" unitRef="USD">1069000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1273" unitRef="USD">437000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1274" unitRef="USD">4945000000</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1275" unitRef="USD">-72000000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
  <us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1276" unitRef="USD">0</us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1277" unitRef="USD">-270000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember" decimals="-6" id="ID_1278" unitRef="USD">11000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1279" unitRef="USD">245000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
  <mbi:NumberOfOperatingLeaseTermExtensions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_1280" unitRef="pure">2</mbi:NumberOfOperatingLeaseTermExtensions>
  <mbi:RefundingPremiumsEarned contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1281" unitRef="USD">139000000</mbi:RefundingPremiumsEarned>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1282" unitRef="USD">-1545000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1283" unitRef="USD">-35000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1284" unitRef="USD">72000000</us-gaap:IncomeTaxExpenseBenefit>
  <dei:DocumentFiscalPeriodFocus contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1285">FY</dei:DocumentFiscalPeriodFocus>
  <mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="2" id="ID_1286" unitRef="pure">0.35</mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1287" unitRef="USD">-9000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1288" unitRef="USD">5000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1289" unitRef="USD">-142000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1290" unitRef="USD">819000000</mbi:SegmentRevenue>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1291" unitRef="USD">337000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1292" unitRef="USD">-29000000</us-gaap:OtherIncome>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1293" unitRef="USD">57000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1294" unitRef="USD">15000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_1295" unitRef="Security">1</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_1296" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1297" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1298" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1299" unitRef="USD">40000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1300" unitRef="USD">9000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember" decimals="-6" id="ID_1301" unitRef="USD">147000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1302" unitRef="USD">38000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1303" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1304" unitRef="USD">244000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1305" unitRef="USD">117000000</invest:DerivativeNotionalAmount>
  <us-gaap:DisclosureOfCreditDerivativesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1306">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:17.25pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:443.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:443.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:327.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:44.25pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.6 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;246&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;968&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,481&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(244)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16.7 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,935&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;970&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,044&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;363&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,903&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,182&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13,525&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(240)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(246)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:left;border-color:Black;min-width:39pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:16.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:434.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt; As of December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:52.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2.6 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,972&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,068&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,956&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;23,954&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,132)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18.5 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,282&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,586&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,945&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;All others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28.0 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,049&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,350&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,138&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,992&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28,935&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(78)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,069)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,152)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DisclosureOfCreditDerivativesTextBlock>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1307" unitRef="USD">1972000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1308" unitRef="USD">91000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1309" unitRef="USD">24000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1310" unitRef="USD">99000000</invest:DerivativeNotionalAmount>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1311" unitRef="USD">325000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1312" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax>
  <us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1313" unitRef="USD">72000000</us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost>
  <us-gaap:DescriptionOfNewAccountingPronouncementsNotYetAdopted contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1314">&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Accounting Developments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Presentation of Financial Statements (Topic 205) and Property, P&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;lant, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Equipment (Topic 360)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In April of 2014, the FASB issued ASU 2014-08, &amp;#8220;Presentation of Financial Statements (Topic&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 205) and Property, Plant, and Equipment (Topic 360)-Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.&amp;#8221; ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; entity qualifies for discontinued operations presentation and requires new disclosures. ASU 2014-08 amends the definition of discontinued operation to a disposal of components of an entity that represent strategic shifts that have, or will have, a major e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ffect on an entity&amp;#8217;s operations and financial results. ASU 2014-08 is effective for interim and annual periods beginning January 1, 2015, and with early adoption permitted but only for disposals or classifications as held for sale that have not been report&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed in previously issued financial statements. The adoption of ASU 2014-08 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Revenue from Contracts with Customers (Topic 606) (ASU 2014-09)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In May of 2014, the FASB issued &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2014-09, &amp;#8220;Revenue from Contracts with Customers (Topic 606).&amp;#8221; ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other ac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;counting standards. ASU 2014-09 is effective for interim and annual periods beginning January 1, 2017, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impact of adopting ASU 2014-09.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Tra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;nsfers and Servicing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(Topic 860&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &amp;#8212; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures (ASU 2014-11)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In June of 2014, the FASB issued ASU 2014-11, &amp;#8220;Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and Discl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;osures.&amp;#8221; The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repurchase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing transactions to secured&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactions accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual periods beginning January 1, 2015, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Compensation-Stock Compensation (Topic 718&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Accounting for Share-Based Payments When the Terms of an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues Task Force) (ASU 2014-12)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In June of 2014, the FASB issued ASU 2014-12, &amp;#8220;Compensation-Stock Compensation (Topic 718)-Accou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.&amp;#8221; ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uld be achieved after an employee&amp;#8217;s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a prospective basis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Consolidation (Topic 810)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collaterali&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;zed Financing Entity (ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;) &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2014, the FASB issued ASU 2014-13, &amp;#8220;Consolidation (Topic 810)-Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2014-13 applies to a consoli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dated collateralized financing entity defined as a consolidated VIE that holds financial assets and issues beneficial interests in those financial assets that are classified as financial liabilities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may elect to measure the financial assets an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d the financial liabilities of a consolidated collateralized financing entity using a measurement alternative provided in ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The measurement alternative requires both the financial assets and the financial liabilities of the consolidated collater&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alized financing entity to be measured using the more observable of the fair value of the financial assets and the fair value of the financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e measurement alternative to existing consolidated collateralized financing entities. ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted. The adoption of ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is not expected to materially&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Presentation of Financial Statements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&amp;#8217;s Ability to Continue as a Going Concern&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(ASU 2014-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;15&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2014, the FASB is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sued ASU 2014-15, &amp;#8220;Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&amp;#8217;s Ability to Continue as a Going Concern.&amp;#8221; ASU 2014-15 requires management to evaluate whether there are conditions or even&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts that raise substantial doubt about the entity&amp;#8217;s ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the financial statements are issued. ASU 2014-15 is effective for the annual period end&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The adoption of ASU 2014-15 is not expected to materially impa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Consolidation (Topic 810) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;Amendments to the Consolidation Analysis &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(ASU 2015-02)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2015, the FASB issued ASU 2015-02, &amp;#8220;Consolidation (Topic 810)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Amendments to the Consolidation Analysis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2015-02 amends the accounting guidance for consolidation of legal entities including VIEs. ASU 2015-02 eliminates the specialized consolidation model and guidance for limited partnerships, amends the conditions for evaluating whether a fee paid to a de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cision maker or a service provider represents a variable interest in a VIE, amends the related party guidance for the determination of the primary beneficiary of a VIE, and requires certain investment funds designed as VIEs, except money market funds, to a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pply the amended consolidation guidance. ASU 2015-02 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t of adopting ASU 2015-02.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DescriptionOfNewAccountingPronouncementsNotYetAdopted>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1315" unitRef="USD">98000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1316" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1317" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1318" unitRef="USD">-4000000</us-gaap:NetInvestmentIncome>
  <mbi:UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1319" unitRef="USD">15000000</mbi:UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1320" unitRef="USD">48000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1321" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1322" unitRef="USD">11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1323" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1324" unitRef="USD">26000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1325" unitRef="USD">92000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1326" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1327" unitRef="USD">11000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1328" unitRef="USD">11000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1329" unitRef="USD">130000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1330" unitRef="USD">8000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1331" unitRef="USD">38000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1332" unitRef="USD">31000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1333" unitRef="USD">128000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="INF" id="ID_1334" unitRef="Security">3</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1335" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1336" unitRef="USD">2000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1337" unitRef="USD">0</mbi:FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors>
  <mbi:PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="2" id="ID_1338" unitRef="pure">0.56</mbi:PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1339" unitRef="USD">33000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1340" unitRef="USD">6914000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1341" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1342" unitRef="USD">6914000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1343" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1344" unitRef="USD">5956000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1345" unitRef="USD">248000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1346" unitRef="USD">83000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1347" unitRef="USD">1347000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1348" unitRef="USD">11000000</invest:DerivativeNotionalAmount>
  <us-gaap:CurrentForeignTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1349" unitRef="USD">12000000</us-gaap:CurrentForeignTaxExpenseBenefit>
  <us-gaap:CurrentFederalTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1350" unitRef="USD">0</us-gaap:CurrentFederalTaxExpenseBenefit>
  <us-gaap:DeferredForeignIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1351" unitRef="USD">2000000</us-gaap:DeferredForeignIncomeTaxExpenseBenefit>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1352" unitRef="USD">18000000</us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1353" unitRef="USD">-172000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1354" unitRef="USD">-232000000</mbi:SegmentRevenue>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1355" unitRef="USD">40000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1356" unitRef="USD">133000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1357" unitRef="USD">117000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1358" unitRef="USD">250000000</us-gaap:NetIncomeLoss>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1359" unitRef="USD">5129000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <mbi:PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="2" id="ID_1360" unitRef="pure">0.07</mbi:PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1361" unitRef="USD">-166000000</mbi:SegmentRevenue>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1362" unitRef="USD">237000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1363" unitRef="USD">96000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1364" unitRef="USD">298000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember" decimals="-6" id="ID_1365" unitRef="USD">7000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CentralAndSouthAmericaMember" decimals="-6" id="ID_1366" unitRef="USD">49000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:OperatingLeasesFutureMinimumPaymentsDue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1367" unitRef="USD">42000000</us-gaap:OperatingLeasesFutureMinimumPaymentsDue>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1368" unitRef="USD">903000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1369" unitRef="USD">210000000</us-gaap:InterestExpense>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1370" unitRef="USD">166000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_1371" unitRef="shares">189071011</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1372" unitRef="USD">8000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1373" unitRef="USD">2000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1374" unitRef="USD">171000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1375" unitRef="USD">15000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1376" unitRef="USD">-4000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1377" unitRef="USD">105000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1378" unitRef="USD">189000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1379" unitRef="USD">783000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1380">&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recently Adopted Accounting Standards &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Income Taxes (Topic 740)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (ASU &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;2013-11)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;July of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3, the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Financial Accounting Standards Board (&amp;#8220;FASB&amp;#8221;) issued Accounting Standards Update (&amp;#8220;ASU&amp;#8221;) 2013-11, &amp;#8220;Income Taxes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(Topic &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;74&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0)&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforwar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d Exists.&amp;#8221; ASU 2013-11 requires presentation of an UTB as a reduction to a deferred tax asset when a NOL carryforward, a similar tax loss, or a tax credit carryforward exists in the same tax year and jurisdiction as the UTB. ASU 2013-11 does not affect the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; recognition or measurement of uncertain tax positions under &amp;#8220;Income Taxes (Topic 740)&amp;#8221; and does not affect any related tax disclosures. ASU 2013-11 was effective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; interim and annual periods&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; beginning January 1, 2014. The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;previously &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y UTBs as a reduction to a deferred tax asset in accordance with ASU 2013-11 as all of its UTBs relate to the same tax years and jurisdictions in which NOLs exist, therefore, this accounting pronouncement did not affect the Company&amp;#8217;s consolidated financial&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has not adopted any &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;new accounting pronouncements that had a material impact on its consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1381" unitRef="USD">255000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1382" unitRef="USD">2352000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1383" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1384" unitRef="USD">87000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <mbi:CommutedGrossInsuredExposure contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_1385" unitRef="USD">7100000000</mbi:CommutedGrossInsuredExposure>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1386" unitRef="USD">244000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1387" unitRef="USD">-3000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1388" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1389" unitRef="USD">15000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1390" unitRef="USD">9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1391" unitRef="USD">-342000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1392" unitRef="USD">47000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1393" unitRef="USD">7000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1394" unitRef="USD">-6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1395" unitRef="USD">21000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1396" unitRef="USD">31000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1397" unitRef="USD">940000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1398" unitRef="USD">11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1399" unitRef="USD">-18000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1400" unitRef="USD">185000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1401" unitRef="USD">445000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1402" unitRef="USD">-848000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:DiscountRateOfCreditImpairments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="6" id="ID_1403" unitRef="pure">0.0517</mbi:DiscountRateOfCreditImpairments>
  <mbi:TransfersOutOfLevelTwo contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1404" unitRef="USD">240000000</mbi:TransfersOutOfLevelTwo>
  <mbi:TransfersIntoLevelThree contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1405" unitRef="USD">403000000</mbi:TransfersIntoLevelThree>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_1406" unitRef="USD">9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:FairValueOfCreditSupportAnnexes contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1407" unitRef="USD">2000000</mbi:FairValueOfCreditSupportAnnexes>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember" decimals="-6" id="ID_1408" unitRef="USD">21000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1409" unitRef="pure">0.45</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1410" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1411" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_1412" unitRef="USD">647000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_1413" unitRef="USD">496000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1414" unitRef="USD">21000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1415" unitRef="USD">729000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_1416" unitRef="USD">729000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1417" unitRef="USD">86000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1418" unitRef="USD">2097000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1419" unitRef="USD">350000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1420" unitRef="USD">19000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1421" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1422" unitRef="USD">85000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1423" unitRef="USD">3532000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1424" unitRef="USD">9000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1425" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1426" unitRef="USD">-20000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_1427" unitRef="Security">77</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1428" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="-6" id="ID_1429" unitRef="USD">83000000</mbi:FairValueMeasurementRangeDollars>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_1430" unitRef="myYears">2.3</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:DerivativeLiabilityCounterpartyNetting contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1431" unitRef="USD">42000000</mbi:DerivativeLiabilityCounterpartyNetting>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1432" unitRef="pure">0.1</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1433" unitRef="pure">0.41</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1434" unitRef="pure">0.57</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-8" id="ID_1435" unitRef="USD">124900000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1436" unitRef="USD">6000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1437" unitRef="USD">241000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_1438" unitRef="USD">83000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1439" unitRef="USD">-81000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1440" unitRef="USD">26000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1441" unitRef="USD">72000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1442" unitRef="USD">384000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1443" unitRef="USD">233000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1444" unitRef="USD">416000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1445" unitRef="USD">1776000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1446" unitRef="USD">11000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1447" unitRef="USD">136000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1448" unitRef="USD">203000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1449" unitRef="USD">78000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1450" unitRef="USD">-13000000</us-gaap:NetIncomeLoss>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1451" unitRef="USD">641000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" id="ID_1452">P10Y1M6D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1453" unitRef="USD">22000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1454" unitRef="USD">48000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1455" unitRef="USD">15000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1456" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1457" unitRef="USD">110000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1458" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1459" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1460" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1461" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1462" unitRef="USD">165000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1463" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1464" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1465" unitRef="USD">415000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1466" unitRef="USD">10000000</mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1467" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_1468" unitRef="myYears">1.3</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_1469" unitRef="myYears">1.1</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_1470" unitRef="USD">12000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1471" unitRef="pure">0.03</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="-6" id="ID_1472" unitRef="USD">263000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1473" unitRef="pure">0.6</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1474" unitRef="pure">0.13</mbi:FairValueMeasurementRangePercentage>
  <mbi:ReservesForExpectedFutureClaimPayments contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1475" unitRef="USD">847000000</mbi:ReservesForExpectedFutureClaimPayments>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1476" unitRef="USD">2058000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1477" unitRef="USD">794000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1478" unitRef="USD">379000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1479" unitRef="USD">197000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1480" unitRef="USD">244000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1481" unitRef="USD">112000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1482" unitRef="USD">86000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_1483" unitRef="USD">-1545000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1484" unitRef="USD">806000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1485" unitRef="USD">6835000000</us-gaap:Investments>
  <us-gaap:DeferredTaxAssetsNet contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1486" unitRef="USD">1109000000</us-gaap:DeferredTaxAssetsNet>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1487" unitRef="USD">13654000000</us-gaap:Liabilities>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1488" unitRef="USD">3929000000</us-gaap:StockholdersEquity>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_1489" unitRef="shares">281352782</us-gaap:CommonStockSharesIssued>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_1490" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:InvestmentOwnedAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1491" unitRef="USD">11000000</us-gaap:InvestmentOwnedAtFairValue>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1492" unitRef="USD">3950000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1493" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1494" unitRef="USD">483000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1495" unitRef="USD">10000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1496" unitRef="USD">10000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1497" unitRef="USD">3929000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:ProceedsFromInsurancePremiumsCollected contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1498" unitRef="USD">193000000</us-gaap:ProceedsFromInsurancePremiumsCollected>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1499" unitRef="USD">2397000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:RepaymentsOfNotesPayable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1500" unitRef="USD">1112000000</us-gaap:RepaymentsOfNotesPayable>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1501" unitRef="USD">11000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1502" unitRef="USD">50000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <us-gaap:CapitalizationOfDeferredPolicyAcquisitionCostsPolicy contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1503">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Acquisition Costs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company capitalizes and defers &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acquisition costs &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that are directly related to the successful acquisition of new or renewal insurance business. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs are costs to acquir&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e an insurance contract which result directly from and is essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs include compensation of employees involv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs also include ceding commissions paid by the Company in conne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ction with assuming business from other financial guarantors. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CapitalizationOfDeferredPolicyAcquisitionCostsPolicy>
  <dei:DocumentFiscalYearFocus contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1504">2014</dei:DocumentFiscalYearFocus>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1505" unitRef="USD">533000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1506" unitRef="USD">1702000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1507" unitRef="USD">2318000000</us-gaap:TreasuryStockValue>
  <us-gaap:NotesPayableFairValueDisclosure contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1508" unitRef="USD">203000000</us-gaap:NotesPayableFairValueDisclosure>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1509" unitRef="USD">11000000</us-gaap:DerivativeLiabilities>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1510" unitRef="USD">1069000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_1511" unitRef="shares">3540352</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_1512" unitRef="shares">-85562546</us-gaap:CommonStockSharesIssued>
  <mbi:ProceedsFromReinsuranceAndRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1513" unitRef="USD">131000000</mbi:ProceedsFromReinsuranceAndRecoveries>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1514" unitRef="USD">192000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:IncreaseDecreaseInPremiumsReceivable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1515" unitRef="USD">-176000000</us-gaap:IncreaseDecreaseInPremiumsReceivable>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1516" unitRef="USD">-902000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1517" unitRef="USD">32000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1518">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and Loss Adjustment Expenses&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes loss rese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is subsequently remeas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are recognized as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense in the period of change. Measurem&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ent and recognition of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on information available as of the meas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urement date, including market information. Accretion of the discount on a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows present valued at applicable risk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-free rates as of the measurement date. Such amounts are reported within &amp;#8220;Insurance loss recoverable&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;previous to a claim payment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, such recoveries are reclassified to &amp;#8220;Insurance loss recoverable&amp;#8221; upon payment of the related claim and remeasured each reporting period.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, insurance loss recoverable, and accruals for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss adjustment expense (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; incurred are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; disclosed in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1519" unitRef="USD">6612000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_1520" unitRef="USD">24000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1521" unitRef="USD">47000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1522" unitRef="USD">13028000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1523" unitRef="USD">141000000</us-gaap:Investments>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1524" unitRef="USD">113000000</us-gaap:DerivativeLiabilities>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1525" unitRef="USD">696000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1526" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1527" unitRef="USD">167000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="INF" id="ID_1528" unitRef="Policies">5</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1529" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1530" unitRef="USD">205000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ReinsuranceReceivablesPaidLossesRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1531" unitRef="USD">0</us-gaap:ReinsuranceReceivablesPaidLossesRecoverable>
  <mbi:NumberOfInsuredIssuesReviewed contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="INF" id="ID_1532" unitRef="Issues">0</mbi:NumberOfInsuredIssuesReviewed>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1533" unitRef="USD">108000000</mbi:CollectionsForCasesWithRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1534" unitRef="USD">18000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1535" unitRef="USD">-38000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1536">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 10% (2%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:left;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;735&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 35% (16%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  adjusted for financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;224&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 90% (59%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12% - 29% (25%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.3 - 3.2 (2.3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS spreads&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 41% (19%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multi-sector CDO&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;53% - 53% (53%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model and Dual Default&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;42% - 45% (45%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;41% - 51% (50%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0.2 - 7.9 (1.1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Cash flows&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$0 - $83 ($42)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2) - Midpoint of cash flows are used for the weighted average.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 17% (3%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 25% (12%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  adjusted for financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,050&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 90% (60%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8% - 57% (25%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.1-28.0 (3.3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS spreads&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1% - 29% (13%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multi-sector CDO&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;57%-57% (57%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model and Dual Default&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;42%-90% (45%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13% - 54% (25%)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0.2 - 8.7 (2.3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='6' rowspan='1' style='width:339pt;text-align:left;border-color:Black;min-width:339pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:558pt;text-align:left;border-color:Black;min-width:558pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock>
  <mbi:ReceivableForInvestmentsSold contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1537" unitRef="USD">69000000</mbi:ReceivableForInvestmentsSold>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1538" unitRef="USD">65000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1539" unitRef="USD">52000000</us-gaap:AccruedInvestmentIncomeReceivable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1540" unitRef="USD">2655000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1541" unitRef="USD">-20000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1542" unitRef="USD">-445000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1543" unitRef="USD">160000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1544" unitRef="USD">2356000000</mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1545" unitRef="USD">2142000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1546" unitRef="USD">231000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1547" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1548" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1549" unitRef="USD">85626000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1550" unitRef="USD">524000000</mbi:InsuranceLossRecoverable>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_1551" unitRef="USD">52317000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1552" unitRef="USD">402000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_1553" unitRef="USD">21000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1554" unitRef="USD">1757000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1555" unitRef="USD">68000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1556" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1557" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1558" unitRef="USD">-55000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="INF" id="ID_1559" unitRef="Issues">136</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1560" unitRef="USD">112000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1561" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ReinsuranceReceivablesCaseBasis contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1562" unitRef="USD">7000000</us-gaap:ReinsuranceReceivablesCaseBasis>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_1563" unitRef="USD">694000000</mbi:InsuranceLossRecoverable>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-8" id="ID_1564" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1565" unitRef="USD">-92000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1566" unitRef="USD">15000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1567" unitRef="USD">0</mbi:CollectionsForCasesWithRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1568" unitRef="USD">0</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1569" unitRef="USD">42000000</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1570" unitRef="USD">43000000</us-gaap:AccruedInvestmentIncomeReceivable>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1571" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1572" unitRef="USD">6571000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1573" unitRef="USD">5897000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1574" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1575" unitRef="USD">5000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1576" unitRef="USD">12000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <us-gaap:ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1577">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;372&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;257&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;317&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;468&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;251&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(91)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;387&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;403&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;845&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(145)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,065&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;851&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(145)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,071&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(147)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;269&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;270&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(65)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;788&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;870&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;713&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;857&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,973&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(101)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,452&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,978&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(101)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,457&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1578" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1579" unitRef="USD">1161000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1580" unitRef="USD">1244000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1581" unitRef="USD">101000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="INF" id="ID_1582" unitRef="Security">1</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <mbi:PercentageOfFairValueBelowBookValueMaximum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="2" id="ID_1583" unitRef="pure">0.15</mbi:PercentageOfFairValueBelowBookValueMaximum>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1584" unitRef="USD">442000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1585" unitRef="USD">31000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1586" unitRef="USD">15000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1587" unitRef="USD">69000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1588" unitRef="USD">258000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1589" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1590" unitRef="USD">38000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1591" unitRef="USD">6000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows>
  <us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1592">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;erv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;ew&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA has entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; through its financial guarantee of CDS and for purposes of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;managing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;risks associated with existing assets and liabilities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In certain instances, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; purchased or issued securities that contain embedded derivatives that were separated from the host contract and accounted for as derivative instruments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In accordance with the accounting guidance for derivative instruments and hedging activities, the bala&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by the location of the related &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;security.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Derivative instruments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are recorded at fair value on the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;balance sheet&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with the changes in fair val&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue recorded &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s consolidated statements of operations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;within &amp;#8220;Unrealized gains (losses) on insured derivatives,&amp;#8221; for the insured derivatives, or &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;#8221; for the embedded &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivatives.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method of determining the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; fair value of derivative instruments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s derivative exposure within its U.S. public finance insurance operations primarily consists of insured i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nterest rate and inflation-linked swaps related to insured U.S. public finance debt issues. These derivatives do not qualify for the financial guarantee scope exception&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and are accounted for as derivative instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;na&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;e&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s that it viewed as an extension of its core financial guarantee business &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;do not qualify for the financial guarantee scope exception and, therefore, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are accounted for as derivative instruments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;These insured CDS contracts, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily referenc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate, asset-backed, residential mortgage-backed, commercial mortgage-backed, CRE loans and CDO securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, are intended to be held &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for the entire term of the contract absent a negotiated settlement wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th the counterparty.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Changes in the fair value of derivatives, excluding insured derivatives, are recorded each period in current earnings within &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Changes in the fair value of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; insured derivatives are recorded each period in current earnings within &amp;#8220;Net change in fair value of insured derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The net change in the fair value of the Company&amp;#8217;s insured derivatives has two primary components: (i) realized gains (losses) and ot&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;her settlements on insured derivatives and (ii) unrealized gains (losses) on insured derivatives. &amp;#8220;Realized gains (losses) and other settlements on insured derivatives&amp;#8221; include (i) premiums received and receivable on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sold&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; CDS contracts, (ii) premiums paid &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and payable to reinsurers in respect to CDS contracts, (iii) net amounts received or paid on reinsurance commutations, (iv) losses paid and payable to CDS contract counterparties due to the occurrence of a credit event or settlement agreement, (v) losses r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and (vi) fees relating to CDS contracts. The &amp;#8220;Unrealized gains (losses) on insured derivatives&amp;#8221; include all other changes in fair value of t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he insured derivative contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has also entered into a derivative contract as a result of a commutation occurring in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Changes in the fair value of the Company&amp;#8217;s non-insured derivative are included in &amp;#8220;Net gains (losses) on financial i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nstruments at fair value and foreign exchange&amp;#8221; on the Company&amp;#8217;s consolidated statements of operations. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Variable Interest Entities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs consolidated by the Company have entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s consisting of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest rate caps and cross currency&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; swaps&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Interest rate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;caps &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are entered into to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mitigate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the risks associated with fluctuations in interest rates or fair values of certain contracts.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cross currency swaps are entered into to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;manage&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the variability in cash flows resulting from fluctua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tions in foreign currency rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Corporate&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s primarily consisting of interest rate swaps&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  Interest rate swaps are entered into to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; manage&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the risks associated with fluctuations in interest rates or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair values of certain contracts. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Changes in the fair value of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; derivatives are recorded &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the Company&amp;#8217;s consolidated statements of operations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;within &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Credit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Derivatives Sold&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present information about credit derivatives sold by the Company&amp;#8217;s insurance operations that were outstanding as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Credit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ratings represent the lower of underlying ratings assigned &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the collateral &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by Moody&amp;#8217;s, S&amp;amp;P or MBIA.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:17.25pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:443.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:443.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:327.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:44.25pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.6 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;246&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;968&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,481&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(244)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16.7 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,935&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;970&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,044&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;363&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,903&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,182&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13,525&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(240)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(246)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:left;border-color:Black;min-width:39pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:16.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:434.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt; As of December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:52.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2.6 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,972&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,068&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,956&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;23,954&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,132)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18.5 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,282&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,586&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,945&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;All others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28.0 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,049&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,350&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,138&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,992&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28,935&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(78)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,069)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,152)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Internal credit ratings assigned by MBIA on the underlying collateral are derived b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ill&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ign&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ubli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iew&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ap&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ys&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;id&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;plu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iona&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CD&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ym&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MB&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ke &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uarantees as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;his a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ede&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ally hed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h a c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ym&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rse &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rd &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ein&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ub&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MB&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ys&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MB&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olle&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;op&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;opo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iona&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ba&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epend&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;upo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ein&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rse &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;k&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ym&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;may be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ig&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hel&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Counterparty Credit Risk&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company manages counterparty credit risk on an individual counterparty basis through master netting agreements covering derivative instruments in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;agreements &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;allow the Compan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y to contractually net amounts due from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a counterparty&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with those amounts due to such counterparty when certain triggering events occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ions that generally provide the ability to require assignment or termination in the event either MBIA or the counterparty is downgraded below a specified credit rating.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under these a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gree&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ents, the Company may receive or provide U.S. Treasury and oth&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er highly rated securities or cash to secure counterparties&amp;#8217; exposure to the Company or its exposure to counterparties, respectively. Such collateral is available to the holder to pay for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;replacing the counterparty in the event that the counterparty defaul&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts. As &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company did not hold cash collateral to derivative counterparties but posted cash collateral to derivative counterparties of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;12&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;All of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;12&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million is included within &amp;#8220;Other liabilities&amp;#8221; as cash collateral netted against accrued interest on derivative liabilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company did not hold cash collateral to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivative counterparties but posted cash collateral to derivative counterparties of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;160&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. Of this amount, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;123&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million is netted within &amp;#8220;Derivative liabilities&amp;#8221;, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;16&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million is included within &amp;#8220;Oth&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er liabilities&amp;#8221; as cash collateral netted against accrued interest on derivative liabilities and an additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million is included in &amp;#8220;Other assets&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Compan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y had securities with a fair value of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;198&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million posted to derivative counterparties and this amount is included within &amp;#8220;Fixed-maturity securities held as available-for-sale, at fair value&amp;#8221; on the Company&amp;#8217;s consolidated balance sheet.  As o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had securities with a fair value of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;42&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million posted to derivative counterparties and this amount is included within &amp;#8220;Fixed-maturity securities held as available-for-sale, at fair value&amp;#8221; on the Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consolidated balance sheet.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the fair value on one Credit Support Annex (&amp;#8220;CSA&amp;#8221;) was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; This CSA governs collateral posting requirements between MBIA and i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts derivative counterparties. The Company did not receive collateral due to the Company&amp;#8217;s credit rating, which was below the CSA minimum credit ratings level for holding counterparty collateral. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the coun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;terparty was rated A2 by Moody&amp;#8217;s and A by S&amp;amp;P.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Financial Statement Presentation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of amounts recognized for eligible derivative contracts executed with the same counterparty under a master netting agreement, including any cash collateral that may have been received or posted by the Company, is presented on a net basis in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;accordance with accounting guidance for the offsetting of fair value amounts related to derivative instruments. Insured CDSs and insured swaps are not subject to master netting agreements. VIE derivative assets and liabilities are not presented net of any &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;master netting agreements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Counterparty netting of derivative assets and liabilities offsets balances in &amp;#8220;Interest rate swaps&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the total fair value of the Company&amp;#8217;s derivative&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; assets, after counterparty netting of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;81&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, of which $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million was reported within &amp;#8220;Other assets&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. Embedded derivatives of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million were reported within &amp;#8220;Medium-term notes&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the total fair value of the Company&amp;#8217;s derivative liabilities, after counterparty netting of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;81&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;456&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, of which $437 million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was reported within &amp;#8220;Derivative liabilities&amp;#8221; and &amp;#8220;Derivative liabilities&amp;#8221; presented under &amp;#8220;Liabilities of consolidated&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; variable interest entities&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. Embedded derivatives of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;19&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million were reported within &amp;#8220;Medium-term notes&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able presents the total fair value of the Company&amp;#8217;s derivative assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cash collateral, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9,481&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(244)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,044&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,450&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(248)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;437&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;241&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15,839&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(537)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the total fair value of the Company&amp;#8217;s derivative assets, after counterparty netting&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;42&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, of which $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million was reported within &amp;#8220;Other assets&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the Company&amp;#8217;s consolidated balance sheets. Embedded derivatives of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million were reported within &amp;#8220;Medium-term notes&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he total fair value of the Company&amp;#8217;s deriv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ative liabilities, after counterparty netting&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;42&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and cash collateral posted by the Company of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;123&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion which was reported within &amp;#8220;Derivative liabilities&amp;#8221; and &amp;#8220;Derivative li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; presented under &amp;#8220;Liabilities of consolidated variable interest entities&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Embedded derivatives of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;19&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million were reported within &amp;#8220;Medium-term notes&amp;#8221; and &amp;#8220;Other investments&amp;#8221; on the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the total fair value of the Company&amp;#8217;s derivative assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of cash collateral, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:center;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23,954&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,132)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,945&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,495&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;496&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;99&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;280&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31,316&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,347)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ope&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net Gain&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Income&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;888&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(413)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(78)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ope&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net Gain&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Income&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1,725&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(1,545)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ope&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net Gain&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Income&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1,847&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(406)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Non-insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Non-insured credit default swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Interest rate swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' &gt;1,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1593" unitRef="USD">1214000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:ReceivableForInvestmentsSold contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1594" unitRef="USD">22000000</mbi:ReceivableForInvestmentsSold>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1595" unitRef="USD">2651000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1596" unitRef="USD">1702000000</us-gaap:LongTermDebtFairValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1597" unitRef="USD">-32000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1598" unitRef="USD">284000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1599" unitRef="USD">1644000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1600" unitRef="USD">90000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1601" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1602" unitRef="USD">2757000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1603" unitRef="USD">2651000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1604" unitRef="USD">10000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1605" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1606" unitRef="USD">73000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1607" unitRef="USD">15000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1608" unitRef="USD">151000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1609" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1610" unitRef="USD">719000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1611" unitRef="USD">91000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1612" unitRef="USD">3000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1613" unitRef="USD">21000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1614" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1615" unitRef="USD">970000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1616" unitRef="USD">1160000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1617" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1618" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1619" unitRef="USD">78000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1620" unitRef="USD">91000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1621" unitRef="USD">1495000000</invest:DerivativeNotionalAmount>
  <us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1622">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Domestic&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;574&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;435&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,486&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;416&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,598&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock>
  <us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1623" unitRef="USD">121000000</us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation>
  <us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1624" unitRef="USD">94000000</us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation>
  <us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1625" unitRef="USD">4000000</us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome>
  <us-gaap:UnrecognizedTaxBenefits contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1626" unitRef="USD">0</us-gaap:UnrecognizedTaxBenefits>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1627" unitRef="USD">78000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1628" unitRef="USD">112000000</us-gaap:InterestExpense>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1629" unitRef="USD">-272000000</mbi:SegmentExpense>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-6" id="ID_1630" unitRef="USD">9000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:LesseeLeasingArrangementsOperatingLeasesRenewalTerm contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1631">P5Y</us-gaap:LesseeLeasingArrangementsOperatingLeasesRenewalTerm>
  <us-gaap:ScheduleOfSubsequentEventsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1632">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 22: Subsequent Events&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 21: Commitments and Contingencies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ScheduleOfSubsequentEventsTextBlock>
  <mbi:RefundingPremiumsEarned contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1633" unitRef="USD">153000000</mbi:RefundingPremiumsEarned>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1634" unitRef="USD">79000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1635" unitRef="USD">50000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_1636" unitRef="shares">188171503</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
  <mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="2" id="ID_1637" unitRef="pure">0.61</mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1638" unitRef="USD">-6000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1639" unitRef="USD">60000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1640" unitRef="USD">41000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1641" unitRef="USD">36000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1642" unitRef="USD">-165000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1643" unitRef="USD">26000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1644" unitRef="USD">-21000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1645" unitRef="USD">1028000000</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <mbi:UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1646" unitRef="USD">5000000</mbi:UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1647" unitRef="USD">2352000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1648" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1649" unitRef="USD">52000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1650" unitRef="USD">-4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1651" unitRef="USD">25000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1652" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1653" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1654" unitRef="USD">17000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1655" unitRef="USD">49000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1656" unitRef="USD">870000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1657" unitRef="USD">15000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1658" unitRef="USD">9000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_1659" unitRef="USD">78000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:PercentageOfFairValueBelowBookValueMaximum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="2" id="ID_1660" unitRef="pure">0.5</mbi:PercentageOfFairValueBelowBookValueMaximum>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1661" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1662" unitRef="USD">81000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1663">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insured Securities Rated Below&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Investment Grade without the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:138pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:138pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Effect of Guarantee&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average Credit Rating with the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average Credit Rating without the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Asset Type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Effect of Guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Effect of Guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;ABS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Baa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63pt;text-align:right;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1664" unitRef="USD">8000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1665" unitRef="USD">1000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1666" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1667" unitRef="USD">29000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1668" unitRef="USD">246000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1669" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1670" unitRef="USD">1163000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1671" unitRef="USD">77000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1672" unitRef="USD">7552000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1673" unitRef="USD">165000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1674" unitRef="USD">496000000</invest:DerivativeNotionalAmount>
  <us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1675">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal income tax computed at the statutory rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Increase (reduction) in taxes resulting from:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-exempt interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.1)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.7)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mark-to-market on warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.7)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in uncertain tax positions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9.1)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.1)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State income tax, net of federal benefit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Out-of-period adjustment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3.8)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.8)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiary&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effective tax rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
  <us-gaap:DeferredFederalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1676" unitRef="USD">48000000</us-gaap:DeferredFederalIncomeTaxExpenseBenefit>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1677" unitRef="USD">13000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1678" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1679" unitRef="USD">1086000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1680" unitRef="USD">1548000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1681" unitRef="USD">9000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1682" unitRef="USD">46000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_1683" unitRef="Security">143</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_1684" unitRef="Security">23</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="-6" id="ID_1685" unitRef="USD">0</mbi:FairValueMeasurementRangeDollars>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_1686" unitRef="myYears">8.7</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_1687" unitRef="USD">1200000000</mbi:DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1688" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1689" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1690" unitRef="USD">2000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1691" unitRef="pure">0.08</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_1692" unitRef="USD">97000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <mbi:EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_1693" unitRef="USD">20000000</mbi:EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1694" unitRef="USD">-10000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:DeferredTaxLiabilitiesOther contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1695" unitRef="USD">1000000</us-gaap:DeferredTaxLiabilitiesOther>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1696" unitRef="USD">22000000</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1697" unitRef="USD">10086000000</us-gaap:Assets>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1698" unitRef="USD">-172000000</mbi:SegmentExpense>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1699" unitRef="USD">108000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-6" id="ID_1700" unitRef="USD">9000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:ComprehensiveIncomeNoteTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1701">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 19: Accumulated Other Comprehensive Income &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ll&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;changes in the c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ponents of AOCI &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;on AFS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Foreign Currency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Translation, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, January 1, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(163)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(176)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;232&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(126)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(139)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(142)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(96)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(27)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:67.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ll&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;details of the reclassifications from AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amounts Reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:22.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;Details about AOCI Components&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Affected Line Item on the Consolidated
Statements of Operations&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on AFS securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gain (loss) on sale of securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value
     and foreign exchange &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  &lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Amortization on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (104)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment income &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Foreign currency translation:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gain (loss) on liquidation of
    foreign entity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value
     and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total reclassifications for the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ComprehensiveIncomeNoteTextBlock>
  <us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1702" unitRef="USD">44000000</us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1703" unitRef="USD">-14000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:EarningsPerShareBasic contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="2" id="ID_1704" unitRef="USDPerShare">1.3</us-gaap:EarningsPerShareBasic>
  <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_1705" unitRef="shares">190898627</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
  <us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1706" unitRef="USD">2000000</us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1707" unitRef="USD">83000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1708" unitRef="USD">6000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1709" unitRef="USD">-27000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1710" unitRef="USD">676000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1711" unitRef="USD">89000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1712" unitRef="USD">3000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1713" unitRef="USD">203000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_1714" unitRef="USD">59000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1715" unitRef="USD">55000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1716" unitRef="USD">3000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1717" unitRef="USD">210000000</us-gaap:InterestExpense>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1718" unitRef="USD">18000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1719" unitRef="USD">-8000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1720" unitRef="USD">101000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1721" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1722" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1723" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1724" unitRef="USD">240000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1725" unitRef="USD">75000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1726" unitRef="USD">-4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1727" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1728" unitRef="USD">109000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1729" unitRef="USD">8000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1730" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1731" unitRef="USD">76000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1732" unitRef="USD">2301000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1733" unitRef="USD">5039000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1734" unitRef="USD">1076000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1735" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1736" unitRef="USD">211000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1737" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases>
  <mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1738" unitRef="USD">10000000</mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities>
  <mbi:TransfersIntoLevelThree contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1739" unitRef="USD">240000000</mbi:TransfersIntoLevelThree>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_1740" unitRef="USD">12000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1741" unitRef="USD">12000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1742" unitRef="pure">0.17</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1743" unitRef="pure">0.02</mbi:FairValueMeasurementRangePercentage>
  <mbi:EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1744" unitRef="USD">-2000000</mbi:EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1745" unitRef="USD">43000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:EstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="INF" id="ID_1746" unitRef="USD">137000000</us-gaap:EstimatedInsuranceRecoveries>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1747" unitRef="USD">573000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1748" unitRef="USD">691000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1749" unitRef="USD">5353000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1750" unitRef="USD">31000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1751" unitRef="USD">26000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_1752" unitRef="USD">28000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1753" unitRef="USD">2344000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1754" unitRef="USD">6000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1755" unitRef="USD">82000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <dei:EntityFilerCategory contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1756">Large Accelerated Filer</dei:EntityFilerCategory>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1757" unitRef="USD">271000000</us-gaap:OtherLiabilities>
  <us-gaap:CommitmentsAndContingencies contextRef="AS_OF_Dec31_2013_Entity_0000814585" id="ID_1758" unitRef="USD" xsi:nil="true"/>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1759" unitRef="USD">1152000000</us-gaap:DerivativeLiabilities>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1760" unitRef="USD">421000000</us-gaap:TradingSecurities>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_1761" unitRef="USD">21000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1762" unitRef="USD">432000000</mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1763" unitRef="USD">224000000</us-gaap:InterestPaidNet>
  <us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1764" unitRef="USD">313000000</us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1765" unitRef="USD">812000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1766" unitRef="USD">-506000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:IncreaseDecreaseInInterestPayableNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1767" unitRef="USD">106000000</us-gaap:IncreaseDecreaseInInterestPayableNet>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1768" unitRef="USD">358000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1769" unitRef="USD">28000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:NatureOfOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1770">&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 1: Business Developments and Risks and Uncertainties&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Summary&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc., together with its consolidated subsidiaries, (collectively, &amp;#8220;MBIA&amp;#8221; or the &amp;#8220;Company&amp;#8221;) operates one of the largest financial guarantee insurance businesses in the industry and was a provider of asset management and advisory &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;services. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA manages five operating segments: 1) United States (&amp;#8220;U.S.&amp;#8221;) public finance insurance; 2) international and structured finance insurance; 3) corporate; 4) advisory services; and 5) conduit.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s U.S. public finance insurance business &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is primarily operated through National Public Finance Guarantee Corporation and its subsidi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aries (&amp;#8220;National&amp;#8221;), its international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&amp;#8220;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp.&amp;#8221;), and its asset management and advisory services business was operated through Cutwater Holdings, LLC and its subsidiaries (&amp;#8220;Cutwater&amp;#8221;). Unless otherwise indicated or the context otherwise requires, references to &amp;#8220;MBIA Corp.&amp;#8221; are to MBIA Insurance C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orporation, together with its subsidiaries, MBIA UK Insurance Limited (&amp;#8220;MBIA UK&amp;#8221;) and MBIA Mexico S.A. de C.V. MBIA Inc. and certain of its subsidiaries also manage certain other business activities, the results of which are reported in the corporate and c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;onduit segments. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During the second quarter of 2014, the Company dissolved its conduit segment. During the fourth quarter of 2014, the Company changed the name of its structured finance and international insurance operating segment to international and str&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uctured finance insurance. Also during &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the fourth quarter of 2014, the Company entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction, which was effective January 1, 2015, had a positive but &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;immaterial impact on the Company&amp;#8217;s financial position and results of operations. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Effective in the fourth quarter of 2014, the Company&amp;#8217;s previously reported asset/liability products segment and its corporate segment are managed and reported as one operating&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; segment referred to as the corporate segment. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 12: Business Segments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for further information about the Company&amp;#8217;s operating segments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Business Developments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;National Ratings and New Business Opportunities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National&amp;#8217;s ability to write new business and compete&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with other financial guarantors is largely dependent on the financial strength ratings assigned to National by major rating agencies. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National was rated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AA+ with a stable outlook by Kroll Bond Rating Agency, AA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;- with a stable o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;utlook&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Standard&amp;#160;&amp;amp; Poor&amp;#8217;s Financial Services LLC (&amp;#8220;S&amp;amp;P&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and A3 with a negative outlook by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Moody&amp;#8217;s Investors Service, Inc. (&amp;#8220;Moody&amp;#8217;s&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National seeks to generate shareholder value through appropriate risk adjusted pricing; however, current market cond&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;itions and the competitive landscape may limit National&amp;#8217;s new business opportunities and its abilities to price and underwrite risk with attractive returns.&amp;#160;Refer to &amp;#8220;Risks and Uncertainties&amp;#8221; below for a discussion of business risks related to National&amp;#8217;s i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsured portfolio.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Corp. Risk Reductions&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company continued to focus on the collection of excess spread and put-back recoveries and the mitigation of MBIA Corp.&amp;#8217;s high risk insurance exposures, primarily through commutations of insur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ance policies. During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Corp. commuted $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion of gross par exposure, primarily comprising structured commercial mortgage-backed securities (&amp;#8220;CMBS&amp;#8221;) pools, investment grade corporate collateralized debt obligations (&amp;#8220;CDOs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;), small business securitizations, commercial real estate (&amp;#8220;CRE&amp;#8221;) CDOs and asset-backed securities (&amp;#8220;ABS&amp;#8221;) CDOs. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During 2013, MBIA Corp. commuted $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20.0 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion of gross par exposure, including $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7.4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion commuted with Bank of America an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d Societe Generale, respectively, primarily comprising structured CMBS pools, investment grade CDOs, ABS CDOs, first-lien residential mortgage-backed securities (&amp;#8220;RMBS&amp;#8221;), high yield corporate CDOs, CRE CDOs and structured insurance securities. During 2012,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA Corp. commuted $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13.4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion of gross par exposure, primarily comprising structured CMBS pools, CRE CDOs, investment grade CDOs, ABS CDOs, and subprime RMBS transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. may make negotiated settlement payments to counterparties and/or for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ego its right to all or some termination premiums when it commutes insurance exposures. The difference between the fair values of the Company&amp;#8217;s derivative liabilities for the commuted policies and the aggregate cost of the commutation is reflected in earni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ngs. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Held For Sale Classifications&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Armonk, New York Facility&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In the fourth quarter of 2013, the Company approved and initiated a plan to sell its Armonk, New York facility and, since then, has actively marketed the facility for sale. As a result, the facility was classified as held for sale as of December 31, 2014 a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd 2013 and presented within &amp;#8220;Assets held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets and measured at the lower of its carrying value or fair value less cost to sell. The Company no longer recognizes depreciation expense on the facility while cl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;assified as held for sale. During 2014 and 2013, the Company recorded impairment charges of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;29&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, on the Armonk, New York facility to adjust the carrying amount to its estimated fair market value less costs to sell. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair market value was estimated based on an independent third-party appraisal. The impairment charges were reflected in the results of the Company&amp;#8217;s U.S. public finance insurance segment and included in &amp;#8220;Other net realized gains (losses)&amp;#8221; on the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated statements of operations. Also, during 2014, the Company moved its headquarters from its Armonk, New York facility to a leased facility in Purchase, New York. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Sale of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' &gt;Cutwater Business&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; result of the agreement to sell Cutwater, the assets and liabilities of Cutwater were classified as held for sale as of December 31, 2014 and presented within &amp;#8220;Assets held for sale&amp;#8221; and &amp;#8220;Liabilities held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance she&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;et and measured at the lower of its carrying value or fair value less cost to sell.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Assets and Liabilities Held for Sale by Major Category&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table summarizes the components of assets and liabilities held for sale as of December 31, 2014 and 2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;013:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:294.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:68.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:294.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Facility&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated variable interest entities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;802&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:294.75pt;text-align:left;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated variable interest entities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:left;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for loans purchased&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total liabilities held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;772&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Risks and Uncertainties&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s financial statements inc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lude estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to revise its estimates and assumptions or could cause actual results to differ from the Company&amp;#8217;s estimates. While the Company believes it continues to have sufficient capital and liquidity to meet all of its expected obligations, if one or more possible&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; adverse outcomes were to be realized, its financial position, results of operations and cash flows, and its insurance companies&amp;#8217; statutory capital, could be materially and adversely affected. The discussion below highlights the significant risks and uncer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tainties that could have a material effect on the Company&amp;#8217;s financial statements and business objectives in future periods.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Market Conditions&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National&amp;#8217;s insured portfolio continued to perform satisfactorily against a backdrop of stren&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gthening domestic economic activity. While this trend will generally benefit tax revenues and fees charged for essential municipal services which secure National&amp;#8217;s insured bond portfolio, some state and local governments and territory obligors National ins&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ures remain under financial and budgetary stress. In addition, a few of these local governments have filed for protection under Chapter 9 of the United States Bankruptcy Code or have entered into state statutory proceedings established to assist municipali&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ties in managing through periods of severe fiscal stress. This could lead to an increase in defaults by such entities on the payment of their obligations and losses or impairments on a greater number of the Company&amp;#8217;s insured transactions. The Company monit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress is uncertain.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Corp. Recoveri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;es and Insured Portfolio &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The amount and timing of projected collections from excess spread from sec&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ond-lien RMBS and the put-back recoverable from Credit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing Inc. (collectively, &amp;#8220;Credit Suisse&amp;#8221;) and the potential of claims from MBIA Corp.&amp;#8217;s remaining insured exposures ar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e uncertain. Further, the remaining insured portfolio, aside from these exposures, could deteriorate and result in additional significant loss reserves and claim payments. Management&amp;#8217;s expected liquidity and capital forecasts for MBIA Corp., which include &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expected put-back recoveries from Credit Suisse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and excess spread recoveries, reflect adequate resources to pay claims when due. However, if MBIA Corp. experiences higher than expected claim payments or is unable to terminate the remaining exposures that r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epresent substantial risk to the Company, MBIA Corp. may ultimately have insufficient resources to continue to pay claims, which could cause the New York State Department of Financial Services (&amp;#8220;NYSDFS&amp;#8221;) to put MBIA Insurance Corporation, exclusive of MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; UK, into a rehabilitation or liquidation proceeding. The Company does &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by NYSDFS would have any significant long-term liquidity impact on MBIA Inc. or result in a liq&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uidation or similar proceeding of MBIA UK.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Such a proceeding could have material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (&amp;#8220;CDS&amp;#8221;) contracts for which counterparties may assert market-based claims, the a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cceleration of debt obligations issued by affiliates and insured by MBIA Corp., the loss of control of MBIA Insurance Corporation to a rehabilitator or liquidator, and unplanned costs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for information about MBIA Corp.&amp;#8217;s loss reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and recoveries. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Corporate Liquidity &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and 2013, the liquidity position, which comprise cash and liquid assets available for general liquidity purposes, of the Company&amp;#8217;s corporate segment was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;498&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;359&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;220&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million was released to MBIA Inc. under the MBIA group&amp;#8217;s tax sharing agreement (the &amp;#8220;Tax Escrow Account&amp;#8221;) and National declared and paid a dividend of $220 million to its ultimate parent&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Inc. Subsequent to December 31, 2014, an additional $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;228&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million was released to MBIA Inc. from the Tax Escrow Account. While MBIA Inc.&amp;#8217;s liquidity position improved during &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; due to the Tax Escrow Account release and dividends received, MBIA I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nc. continues to have liquidity risk. If invested asset performance deteriorates or the flow of dividends from subsidiaries is interrupted and/or access to the capital markets is impaired, its liquidity position could be eroded over time. While the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expects that MBIA Inc. will generate sufficient cash to satisfy its debt obligations and its general corporate needs over time from distributions from its operating subsidiaries and payments under the Tax Escrow Account once the payments become unrestrict&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed, there can be no assurance that such sources will generate sufficient cash. In addition, a failure by MBIA Inc. to settle liabilities that are also insured by MBIA Corp. could result in claims on MBIA Corp.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:NatureOfOperations>
  <us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1771">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Foreign Currency Translation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial statement assets and liabilities denominated in foreign currencies are translated into U.S. dollars generally using rates of exchange prevailing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the balance sheet date. O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;perating results are translated at average rates of exchange prevailing during the year. Unrealized gains or losses, net of deferred taxes, resulting from translation of the financial statements of a non-U.S. operation, when the functional currency is othe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r than the U.S. dollar, are included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ccumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in shareholders&amp;#8217; equity. Foreign currency remeasurement gains and losses resulting from transactions in non-functional currencies are recorded in earnings. Exchange gai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns and losses resulting from foreign currency transactions are recorded in earnings.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_1772" unitRef="USD">8613000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1773" unitRef="USD">41000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1774" unitRef="USD">102000000</us-gaap:DerivativeLiabilities>
  <mbi:ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1775">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='23' rowspan='1' style='width:417.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:417.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Derivative&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8,613&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,623&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14,136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,459&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;518&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;307&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;571&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;279&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,008&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,989&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,608&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;35,940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19,958&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;123&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;524&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;389&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;49,686&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16,698&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;179&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;211&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85,626&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36,656&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;302&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;524&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;389&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Reported within &amp;quot;Derivative liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='23' rowspan='1' style='width:418.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:418.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:167.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Derivative&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12,565&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,693&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;120&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;21,738&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,251&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 658&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;327&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,367&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;447&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,830&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,740&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13,028&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;80&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;56,528&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;27,379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;361&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52,317&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20,162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;108,845&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47,541&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;402&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;452&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;366&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Reported within &amp;quot;Derivative liabilities&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1776" unitRef="USD">10000000</us-gaap:Investments>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_1777" unitRef="USD">43000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1778" unitRef="USD">1000000</us-gaap:UnearnedPremiums>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1779" unitRef="USD">5000000</us-gaap:DerivativeLiabilities>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="INF" id="ID_1780" unitRef="Policies">175</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1781" unitRef="USD">850000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1782" unitRef="USD">1235000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1783" unitRef="USD">1326000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_NonVariableInterestEntitiesMember" decimals="-8" id="ID_1784" unitRef="USD">2900000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1785" unitRef="USD">1000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1786" unitRef="USD">-41000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1787" unitRef="USD">43000000</us-gaap:AccruedInvestmentIncomeReceivable>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1788" unitRef="USD">109000000</mbi:FinancialGuaranteeCeded>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1789" unitRef="USD">42000000</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1790" unitRef="USD">2636000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1791" unitRef="USD">2843000000</mbi:FinancialGuaranteeGross>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1792" unitRef="USD">927000000</us-gaap:MediumTermNotes>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1793" unitRef="USD">76000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1794" unitRef="USD">0</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1795" unitRef="USD">174000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1796" unitRef="USD">-180000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1797" unitRef="USD">-37000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1798" unitRef="USD">1562000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1799" unitRef="USD">227000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue>
  <mbi:FairValueOptionAggregateFairValueMediumTermNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1800" unitRef="USD">197000000</mbi:FairValueOptionAggregateFairValueMediumTermNotes>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1801" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1802" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1803" unitRef="USD">17000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1804" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1805" unitRef="USD">1730000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1806" unitRef="USD">222000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1807" unitRef="USD">79000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1808" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1809" unitRef="USD">16000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1810" unitRef="USD">535000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1811" unitRef="USD">197000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1812" unitRef="USD">81000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1813" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1814" unitRef="USD">147000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1815" unitRef="USD">788000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1816" unitRef="USD">22000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1817" unitRef="USD">8000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1818" unitRef="USD">0</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1819" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1820" unitRef="USD">9000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_1821" unitRef="USD">575000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_1822" unitRef="USD">373000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1823">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage of Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Below Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 5% to 15%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 15% to 25%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 25% to 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 575&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 373&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;575&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;373&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1824" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1825" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1826" unitRef="USD">136000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AbsMbsCorporateObligationsMember" decimals="-6" id="ID_1827" unitRef="USD">719000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1828">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:left;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Below&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:24.75pt;text-align:left;border-color:Black;min-width:24.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Aaa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:62.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:62.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Aa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Baa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Not Rated&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:68.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:21pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:29.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Asset Type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:29.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;ABS &lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;195&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(33)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;MBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:24.75pt;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;442&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;249&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:24.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;258&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(90)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:24.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,356&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(136)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1829" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1830" unitRef="USD">0</mbi:AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1831" unitRef="USD">2935000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1832" unitRef="USD">5000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1833" unitRef="USD">28935000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1834" unitRef="USD">15839000000</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeTaxDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1835">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Income (loss) from operations before provision (benefit) for income taxes consisted of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Domestic&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;574&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;435&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,486&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;416&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,598&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company files a consolidated tax return that includes all of its U.S. subsidiaries and foreign branches. The Company also files tax returns in the United Kingdom&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, France, Spain, and various state and local jurisdictions. Income tax expense &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(benefit) on income (loss) and shareholders&amp;#8217; equity consisted of:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Current taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;350&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;166&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;364&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income taxes charged (credited) to shareholders&amp;#39; equity related to:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in unrealized gains (losses) on AFS securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in AFS securities with OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in foreign currency translation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Share-based compensation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total income taxes charged (credited) to shareholders&amp;#39; equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total effect of income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;497&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;A reconciliation of the U.S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. federal statutory tax rate of 35&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to the Company&amp;#8217;s effective income tax rate for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal income tax computed at the statutory rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Increase (reduction) in taxes resulting from:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-exempt interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.1)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.7)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mark-to-market on warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.7)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in uncertain tax positions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9.1)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.1)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State income tax, net of federal benefit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Out-of-period adjustment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3.8)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.8)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiary&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.6)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effective tax rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Deferred Tax Asset, Net of Valuation Allowance&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the differences be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tween the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the period that includes the enactment date.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The tax effects of temporary differences that give rise to deferred tax assets and liabilities as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are presented in the following table:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:111.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferral of cancellation of indebtedness income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;114&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred acquisition costs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized gains in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Compensation and employee benefits&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss and loss adjustment expense reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net operating loss and tax credit carryforwards&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;917&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Capital loss carryforward and other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;400&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net losses on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Alternative minimum tax credit carryforward&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred taxes on VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,680&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred tax asset&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,009&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:23.25pt;' &gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:487.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:487.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;                                                          &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company establishes a valuation allowance against its deferred tax asset when it is more likely than not that all or a portion of the deferred tax asset will not be realized. All evidence, both positive and negative, needs to be identified and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;considered in making the determination. Future realization of the existing deferred tax asset ultimately depends, in part, on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of sufficient taxable income of appropriate character (for example, ordinary income versus capital gains) within th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e carryforward period available under the tax law.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company reported a net deferred tax asset of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.0 b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, with no &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;valuation allowance.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there was a valua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion allowance of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;93&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mil&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; against a portion of the deferred tax asset. The valuation allowance related to losses from asset impairments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e decrease in the valuation allowance w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as primarily due to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the sales of previously impaired assets and a tax planning strategy to use unre&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alized gains that are included in &amp;#8220;Accumulated other comprehensive income (loss)&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets against any remaining asset impairments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In accordance with ASU 2013-11, the netting of deferred taxes between different taxpayin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g jurisdictions is not permitted. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there was also a non U.S. deferred tax liability of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;18&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million included in &amp;#8220;Other liabilities&amp;#8221; on the Company&amp;#8217;s consolidated balance sheet. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Sharing A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;greement&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has a tax sharing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;agreement among its members effective January 1, 1987. The agreement was amended and restated effective September 8, 2011 to change the method of calculating each domestic insurer&amp;#8217;s tax liability to the method permitted by paragraph 3(a) of Department Circ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and non-disapproval pursuant to Section 1505 of the New York Insurance Law (&amp;#8220;NYIL&amp;#8221;).&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s tax sharing agreement is filed as an exhibit to this Form 10-K for informational purposes only. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;Note 2: Significant Accounting Policies&amp;#8221; for further discussion on the Company&amp;#8217;s tax&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; sharing agreement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Out-of-Period Adjustment&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During the fourth quarter of 2012, the Company completed a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;balance sheet focused analysis to enhance efficiency and accuracy with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its deferred income tax balances, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and as a result, identified &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;errors to the current and deferred &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;income tax balances. The Company evaluated the materiality of these errors in accordance with SEC&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Staff Accounting&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:11pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bulletin No. 99, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Materiality&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and SEC Staff Accounting Bulletin No. 108, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Considering the Effects of Prior Year Misstatements When Quantifying&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; Misstatements in Current Year Financial Statements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and concluded that these errors, individually and in the aggregate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ere&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; immaterial to the year ended December 31, 2012 and all prior periods to which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these errors &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;relate. Accordingly, the Company record&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se adjustments in its consolidated financial statements for the year ended December 31, 2012 by increasing &amp;#8220;Net income (loss)&amp;#8221; by $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Treatment of Undistributed Earnings of Certain Foreign Subsidiaries&amp;#8212;&amp;#8220;Accounting for Income Taxes&amp;#8212;Special A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;reas&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In the fourth quarter of 2013, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. deferred income taxes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;provided on the differences in the book and tax basis in the Company&amp;#8217;s carrying value of MBIA UK and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other entities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; since &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; no longer &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inten&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ds&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to permanently reinvest the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se earnings.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The impact is reflected in the Company&amp;#8217;s 2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; tax provision.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;cc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;ax&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;/or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ons&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company includes interest as a component of income tax expense. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;All amounts below are reflected before any applicable tax benefit.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of January 1, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During a prior year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The amounts of decreases in the UTB as a result of the applicable statute of limitations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of December 31, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During the current year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The amounts of decreases in the UTB related to settlements with taxing authorities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During a prior year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(61)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During the current year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The amounts of decreases in the UTB related to settlements with taxing authorities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The reduction in the UTB as a result of the applicable statute of limitations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company does not anticipate any &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amount to reverse in the next twelve months based on settling certain issues.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA and its U.S. subsidiaries file a U.S. consolidated federal income tax return. Federal income tax returns for 2011 through &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013 are subject to examination. The reserve for UTB has decreased during 2014 based on certain positive developments, including the conclusion from an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nternal Revenue Service&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; initiated survey of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the 2011 consolidated return o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Inc. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and its subsidiar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which has resulted in no change to taxable income. In the fourth quarter of 2014, the Company settled certain state and local examinations which further decreased the reserve.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tax authorities in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nited Kingdom&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are currently auditing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; UK &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; tax years 2005 through 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On January 24, 2014, the Company provided an independent report to HM Revenue &amp;amp; Customs (&amp;#8220;HMRC&amp;#8221;). On April 8, 2014, HMRC responded with comments. On June 2, 2014, the Company responded to HMRC&amp;#8217;s letter dated April 8, 2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, no response has been received from HMRC and there has been no resolution.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During 2013, the Company met with New York State Department of Taxation and Finance to discuss the Company&amp;#8217;s respective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;positions regarding certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issues related to the 2008 tax year. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In the fourth quarter of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company settled with the state&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NOL &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is approximately $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The NOL will &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expire between tax years 2029 through 203&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company has an alternative minimum tax credit carryforward of $22 million, which does not expire.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1836" unitRef="USD">-4000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent>
  <us-gaap:DeferredTaxAssetsValuationAllowance contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1837" unitRef="USD">0</us-gaap:DeferredTaxAssetsValuationAllowance>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1838" unitRef="USD">105000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1839" unitRef="USD">136000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1840" unitRef="USD">418000000</mbi:SegmentExpense>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember" decimals="-6" id="ID_1841" unitRef="USD">4000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_1842" unitRef="shares">1104247</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
  <mbi:LeaseIncentives contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1843" unitRef="USD">6000000</mbi:LeaseIncentives>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1844" unitRef="USD">457000000</us-gaap:PremiumsEarnedNet>
  <mbi:FeesAndReimbursements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1845" unitRef="USD">40000000</mbi:FeesAndReimbursements>
  <mbi:ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1846" unitRef="USD">92000000</mbi:ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1847" unitRef="USD">-2000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1848" unitRef="USD">-10000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1849" unitRef="USD">106000000</mbi:SegmentExpense>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_1850" unitRef="USD">46000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1851" unitRef="USD">8000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1852" unitRef="USD">1200000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" id="ID_1853">P7Y0M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1854" unitRef="USD">1612000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1855" unitRef="USD">82000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1856" unitRef="USD">37000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1857" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1858" unitRef="USD">-3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1859" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1860" unitRef="USD">-15000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1861" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1862" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1863" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1864" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1865" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1866" unitRef="USD">-903000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_1867" unitRef="myYears">0.2</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1868" unitRef="USD">379000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_1869" unitRef="USD">4800000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities>
  <mbi:DerivativeAssetCounterpartyNettingAmountFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1870" unitRef="USD">42000000</mbi:DerivativeAssetCounterpartyNettingAmountFairValue>
  <us-gaap:DerivativeFairValueOfDerivativeLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_MediumTermNotesAndOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_EmbeddedMember" decimals="-6" id="ID_1871" unitRef="USD">19000000</us-gaap:DerivativeFairValueOfDerivativeLiability>
  <mbi:TransfersIntoAndOutOfLevelOne contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1872" unitRef="USD">0</mbi:TransfersIntoAndOutOfLevelOne>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1873" unitRef="pure">0.53</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1874" unitRef="pure">0.5</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1875" unitRef="pure">0.29</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1876" unitRef="pure">0.54</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1877" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1878" unitRef="USD">6000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1879" unitRef="USD">3000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1880" unitRef="USD">246000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1881" unitRef="USD">65000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <mbi:GuaranteeObligationsMaximumNetExposure contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_1882" unitRef="USD">9700000000</mbi:GuaranteeObligationsMaximumNetExposure>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1883" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1884" unitRef="USD">1491000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1885" unitRef="USD">63000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1886" unitRef="USD">93000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1887" unitRef="USD">10000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1888" unitRef="USD">379000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1889" unitRef="USD">167000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1890" unitRef="USD">0</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1891" unitRef="USD">1765000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1892" unitRef="USD">39000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_1893" unitRef="USD">10000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_1894" unitRef="USD">5000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1895" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue>
  <us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1896" unitRef="USD">28000000</us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities>
  <mbi:Payableforloanspurchased contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1897" unitRef="USD">0</mbi:Payableforloanspurchased>
  <mbi:Cashcollateralpledge contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1898" unitRef="USD">24000000</mbi:Cashcollateralpledge>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1899" unitRef="USD">72000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_1900" unitRef="USD">52000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_1901" unitRef="USD">-4000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1902" unitRef="USD">389000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1903" unitRef="USD">2757000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1904" unitRef="USD">44000000</us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities>
  <mbi:Payableforloanspurchased contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1905" unitRef="USD">0</mbi:Payableforloanspurchased>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1906" unitRef="USD">0</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1907" unitRef="USD">-6000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1908" unitRef="USD">-30000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1909" unitRef="USD">35000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1910" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1911" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1912" unitRef="USD">789000000</mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1913" unitRef="USD">15000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <mbi:Cashcollateralpledge contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1914" unitRef="USD">24000000</mbi:Cashcollateralpledge>
  <us-gaap:VariableInterestEntityInitialConsolidationGainOrLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1915" unitRef="USD">-3000000</us-gaap:VariableInterestEntityInitialConsolidationGainOrLoss>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1916" unitRef="USD">0</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1917" unitRef="USD">1173000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1918" unitRef="USD">5248000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_1919" unitRef="USD">888000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1920" unitRef="USD">1533000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1921" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:SegmentReportingDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1922">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 12: Business Segments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As defined by segment reporting, an operating segment is a component of a company (i)&amp;#160;that engages in business activities from which it earns revenue and incurs expenses, (ii)&amp;#160;whose operating results are regularly reviewed by the Chief &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Operating Decision Maker to assess the performance of the segment and to make decisions about the allocation of resources to the segment and, (iii)&amp;#160;for which discrete financial information is available. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company manages its businesses across five opera&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ting segments: &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1) U.S. public finance insurance; 2) international and structured finance insurance; 3) corporate; 4) advisory services; and 5) conduit.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s U.S. public finance insurance business is operated through National, its international and structured fina&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce insurance business is operated through MBIA Corp. and its advisory services business is primarily operated through Cutwater. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During 2014, the Company dissolved its conduit segment by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;extinguishing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the remaining &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities of the segment and liquidatin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g the Company&amp;#8217;s remaining conduit, Me&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ridian Funding Company, LLC (&amp;#8220;Meridian&amp;#8221;).&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; In addition, in the fourth quarter of 2014, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entered into &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as effective on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;January&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 1, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in which, the Company exited its advisory services business&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company regularly evaluates its business segment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reporting&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to ensure it reflects management&amp;#8217;s perspective and provides discrete financial information on which&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to assess segment performance. During 2014, the Company continued to realize its business strategy, which included the liquidation of its conduit and advisory services businesses and re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;align&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing the management of its asset/liability &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;products&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and corporate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;activities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Effective in the fourth quarter of 2014, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Company&amp;#8217;s previously reported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset/liability products &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment and its corporate segment are managed and reported as a single operating segment referred to as the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate segment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; since 1) the previ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ous asset/liability products segment did not represent a future business prospect for the Company and is in wind-down; 2) the Company manages and reports the invested assets and debt obligation liabilities as a single activity; 3) the activities are econom&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ically similar as the servicing of the debt obligation liabilities are funded by the same financial resources; and 4) the Company evaluates the performance and resource needs of these activities collectively. The Company&amp;#8217;s new segment reporting structure i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s reflected in its reporting to its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Chief Operating Decision Maker&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, as well as the senior management team and Board of Directors, who use this information &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;make key business decisions, assess performance and allocate resources to its segments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ior period &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amounts&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; within the corporate segment results &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;have been &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;retrospectively &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;revised &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reflect the changes in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reportable segment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Such revisions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; have &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no impact o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; total &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;revenues, expenses, assets, liabilities, shareholders&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217; equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented.   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following sections provide a description of each of the Company&amp;#8217;s reportable operating segments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. public finance insurance segment is principally conducted through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, U.S. p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ublic finance insured obligations when due. The obligations are not subject to acceleration, except that National may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. National issues financial guarantees for m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unicipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agenc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ies and obligations issued by private entities that finance projects that serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, fees o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r tariffs related to the use of these projects, lease payments or other similar types of revenue streams. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;International &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Structured Finance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; Insurance &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s international &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;structured finance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment is principally conducted through&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide unconditional and irrevocable guarantees of the payment of principal of, and interest or other amounts owing on, non-U.S. public finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and global structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured oblig&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ations when due, or in the event MBIA Corp. has the right, at its discretion, to accelerate insured obligations upon default or otherwise, upon MBIA Corp.&amp;#8217;s acceleration. Certain guaranteed investment contracts written by MBIA Inc. are insured by MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;., and if MBIA Inc. were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such payments. MBIA Corp. also insures debt obligations of the following affiliates:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc.;&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GFL;&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Investment Management Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. (&amp;#8220;IMC&amp;#8221;); and&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LaCrosse Financial Products, LLC, a wholly-owned affiliate, in which MBIA Corp. has written insurance policies guaranteeing the obligations under CDS, including termination payments that may become due upon certain events including the insol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vency or payment default of the financial guarantor or the CDS issuer. &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Corp. insure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-U.S. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;public finance and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;global structured finance, including asset-backed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obligations. MBIA Corp. has insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sovereign-related and sub-sovereign &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bonds, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;utiliti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, privately issued bonds used for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the financing of projects&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;include toll roads, bridges, airports, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;public &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transportation facilities, and other types of infrastructure projects serving a substantial public purpose. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Global &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;structured finance and asset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-backed obligations typically are securities repayable from expected cash flows generated by a specified pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es, and leases for equipment, aircraft and real estate property. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company is no longer insuring new credit derivative contracts except for transactions related to the reduction of existing derivative exposure. MBIA Corp. has not written any meaningful a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mount of business since 2008.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Corporate&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s corporate segment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consists of general corporate activities, including &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;providing general support services to MBIA&amp;#8217;s other operating businesses&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and asset and debt management. General support services are provided by the Company&amp;#8217;s service company, MBIA Services Corporation (&amp;#8220;MBIA Services&amp;#8221;), formerly Optinuity Alliance Resources Corporation.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA Services &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;provides various support services includin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g, among others, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, on a fee-for-service basis. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Debt management includes activities related to servicing obligations issued by MBIA Inc. and its subsidiari&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es, IMC and GFL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. MBIA Inc. issued debt to finance the operations of the MBIA group. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp., for bond proceeds and other public funds for such purposes as construction, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loan origination, escrow and debt service or other reserve fund requirements. It also provided customized products for funds that are invested as part of asset-backed or structured product transactions. GFL raised funds through the issuance of MTNs with va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rying maturities, which were in turn guaranteed by MBIA Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. The company ceased issuing these investment agreements and MTNs and the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;outstanding liability balances and corresponding asset balances &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;have declined over time as liabilities mature, terminate or are retired. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;All of the debt within the corporate segment is managed collectively and is serviced by the financial resources available to MBIA Inc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Asset management activities support the Company&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s funded liabilities, provide for opportunities in investments and provide general liquidity support to MBIA Inc.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Advisory Services&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The advisory services segment primarily consists of the operations of Cutwater Investor Services Corp. (&amp;#8220;Cutwater-ISC&amp;#8221;) and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cutwater Asset Management Corp. (&amp;#8220;Cutwater-AMC&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and is a fee-for-service investment management business focused on fixed-income markets. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cutwater-ISC and Cutwater-AMC are Securities and Exchange Commission registered investment advisers. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In October of 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entered into &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Effective with the January 1, 2015 sale of Cutwater, MBIA has no business activities within its advisory services segment.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Conduit&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mpany&amp;#8217;s conduit segment was operated through Meridian and administered through MBIA Asset Finance, LLC. Assets financed by Meridian were funded by MTNs. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In 2014, the Company extinguished the remaining liabilities of this segment and liquidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Meridian&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;
&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Segments Results&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables provide the Company&amp;#8217;s segment results for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Advisory&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Services&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Conduit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 373&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 189&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 616&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 458&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 459&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;to other-than-temporary &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 101&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (166)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 443&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 819&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (166)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,270&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 133&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 239&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 210&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 47&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (172)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 106&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 435&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (172)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 629&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 337&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 384&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (25)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 641&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 134&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (173)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 222&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 569&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 5,887&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 10,086&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 793&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3,328)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to intercompany&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        receivables and payables and intercompany loans.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Advisory&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Services&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Conduit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 425&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 644&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 229&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 69&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 60&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (29)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 237&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 233&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (270)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 518&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 716&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (232)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,209&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 117&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 157&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 384&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 236&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 56&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (272)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 267&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 418&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 288&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (272)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 251&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 298&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 416&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 169&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (110)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 250&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6,056&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 11,687&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3,652)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 16,953&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to intercompany&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        receivables and payables and intercompany loans.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Represents the gain on the debt received as consideration in connection with the settlement with Bank of America.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Advisory&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Services&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Conduit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 548&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 243&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 880&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,463&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,464&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (158)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;to other-than-temporary &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (60)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (105)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 168&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (422)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 838&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,871&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (422)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,435&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 50&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 114&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 431&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 208&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (457)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 269&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 575&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 281&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (457)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 837&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,296&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (248)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (49)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,598&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 188&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (179)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (59)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 364&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 864&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 1,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 6,887&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 17,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 2,721&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 694&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (5,870)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; 21,724&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;        intercompany receivables and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany reinsurance balances, repurchase agreements and loans.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ms&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;id&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lowin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ms&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eog&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aph&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:243.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 299&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 391&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 530&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United Kingdom&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Europe (excluding United Kingdom)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Central and South America&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asia&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 416&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 494&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' &gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SegmentReportingDisclosureTextBlock>
  <us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1923" unitRef="USD">133000000</us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1924" unitRef="USD">721000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1925" unitRef="USD">99000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedLoanObligationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1926" unitRef="USD">4000000</us-gaap:TradingSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1927" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1928" unitRef="USD">19000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1929" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1930" unitRef="USD">903000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1931" unitRef="USD">1431000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1932" unitRef="USD">1612000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1933" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1934" unitRef="USD">631000000</mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_1935" unitRef="USD">12000000</us-gaap:OtherIncome>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1936" unitRef="USD">10000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <mbi:PaymentsForDeconsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1937" unitRef="USD">-18000000</mbi:PaymentsForDeconsolidationOfVariableInterestEntity>
  <us-gaap:UnrecognizedTaxBenefits contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1938" unitRef="USD">65000000</us-gaap:UnrecognizedTaxBenefits>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1939" unitRef="USD">56000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1940" unitRef="USD">197000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember" decimals="-6" id="ID_1941" unitRef="USD">-81000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1942" unitRef="USD">553000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1943" unitRef="USD">509000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1944" unitRef="pure">0.16</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1945" unitRef="USD">1459000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1946" unitRef="USD">9000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1947" unitRef="USD">-1000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1948" unitRef="USD">0</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1949" unitRef="USD">14000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1950" unitRef="USD">58000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_1951" unitRef="USD">-413000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1952" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1953" unitRef="USD">-107000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1954" unitRef="USD">806000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1955" unitRef="USD">1777000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1956" unitRef="USD">711000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <mbi:PaymentsForDeconsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1957" unitRef="USD">26000000</mbi:PaymentsForDeconsolidationOfVariableInterestEntity>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1958" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1959" unitRef="USD">8000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1960" unitRef="USD">-412000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1961" unitRef="USD">1784000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1962" unitRef="USD">188000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1963" unitRef="USD">889000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1964" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_InvestmentsCarriedAtFairValueMember" decimals="-6" id="ID_1965" unitRef="USD">8000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1966" unitRef="USD">3000000</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1967" unitRef="USD">-84000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1968" unitRef="USD">15000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_1969" unitRef="USD">-11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1970" unitRef="USD">371000000</mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1971" unitRef="USD">14000000</us-gaap:OtherIncome>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1972" unitRef="USD">1431000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPrimeFinancingReceivableMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1973" unitRef="USD">1612000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1974" unitRef="USD">61000000</us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1975" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_1976" unitRef="USD">1725000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1977" unitRef="USD">0</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1978" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" decimals="-6" id="ID_1979" unitRef="USD">-74000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember" decimals="-6" id="ID_1980" unitRef="USD">12000000</us-gaap:CededPremiumsEarned>
  <mbi:NumberOfVariableInterestEntitiesConsolidated contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_1981" unitRef="pure">3</mbi:NumberOfVariableInterestEntitiesConsolidated>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1982" unitRef="USD">0</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal>
  <dei:EntityCentralIndexKey contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1983">0000814585</dei:EntityCentralIndexKey>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1984" unitRef="USD">1201000000</us-gaap:MediumTermNotes>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1985" unitRef="USD">-86000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:LoansReceivableFairValueDisclosure contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1986" unitRef="USD">1612000000</us-gaap:LoansReceivableFairValueDisclosure>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1987" unitRef="USD">136000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1988" unitRef="USD">1000000</us-gaap:OtherIncome>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1989" unitRef="USD">3278000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1990" unitRef="USD">238000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1991" unitRef="USD">122000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1992" unitRef="USD">-421000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_1993" unitRef="USD">-43000000</us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_1994" unitRef="USD">3000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <us-gaap:RevenueRecognitionPolicyTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_1995">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fee and Reimbursement Revenue Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company collects insurance related fees for services&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; performed in connection with certain transactions. In addition, the Company may be entitled to reimbursement of third-party insurance expenses that it incurs in connection with certain transactions. Depending upon the type of fee received and whether it i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and consent, termination, administrative and management fees are earned when the related services a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re completed and the fee is received. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Fees related to investment management services are recognized in earnings over the period that the related services are provided. Asset management fees are typically based on the net asset values of assets under manag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:RevenueRecognitionPolicyTextBlock>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_1996" unitRef="USD">110000000</us-gaap:Investments>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_1997" unitRef="USD">1000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1998" unitRef="USD">332000000</us-gaap:UnearnedPremiums>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_1999" unitRef="USD">47541000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2000" unitRef="USD">37000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2001" unitRef="USD">452000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2002">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and Loss Adj&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;ustment Expense Process&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s insured portfolio management groups within its U.S. public finance insurance and international&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance businesses (collectively, &amp;#8220;IPM&amp;#8221;) monitor MBIA&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; outstanding insured obligations with the objective of minimizing losses. IPM meets this objective by identifying issuers that, because of deterioration in credit quality or changes in the economic, regulatory or political environment, are at a heightened &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;risk of defaulting on debt service o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f obligations insured by MBIA. In such cases, IPM works with the issuer, trustee, bond counsel, servicer, underwriter and other interested parties in an attempt to alleviate or remedy the problem and avoid defaults on de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bt service payments. Once an obligation is insured, MBIA typically requires the issuer, servicer (if applicable) and the trustee to furnish periodic financial and asset-related information, including audited financial statements, to IPM for review. IPM als&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o monitors publicly available information related to insured obligations. Potential problems uncovered through this review, such as poor financial results, low fund balances, covenant or trigger violations and trustee or servicer problems, or other events &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that could have an adverse impact on the insured obligation, could result in an immediate surveillance review and an evaluation of possible remedial actions. IPM also monitors and evaluates the impact on issuers of general economic conditions, current and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;proposed legislation and regulations, as well as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sovereign, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;state and municipal finances and budget developments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The frequency and extent of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;IPM&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; monitoring is based on the criteria and categories described below. Insured obligations that are judged to m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erit more frequent and extensive monitoring or remediation activities due to a deterioration in the underlying credit quality of the insured obligation or the occurrence of adverse events related to the underlying credit of the issuer are assigned to a sur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;veillance category (&amp;#8220;Caution List&amp;#8212;Low,&amp;#8221; &amp;#8220;Caution List&amp;#8212;Medium,&amp;#8221; &amp;#8220;Caution List&amp;#8212;High&amp;#8221; or &amp;#8220;Classified List&amp;#8221;) depending on the extent of credit deterioration or the nature of the adverse events. IPM monitors insured obligations assigned to a surveillance catego&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry more frequently and, if needed, develops a remediation plan to address any credit deterioration.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;go&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ena&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ele&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ban&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;kr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;up&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hip&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ila&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;na&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rt&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MB&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ks&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;me&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ela&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company does not establish any case basis reserves for insured obligations that are assigned to &amp;#8220;Caution List&amp;#8212;Low,&amp;#8221; &amp;#8220;Caution List&amp;#8212;Medium&amp;#8221; or &amp;#8220;Caution List&amp;#8212;High.&amp;#8221; In the event MBIA expects to pay a claim with respect to an insured tr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ansaction, it places the insured transaction on its &amp;#8220;Classified List&amp;#8221; and establishes a case basis reserve. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;When there are no remaining expected future claim payments, the insured transaction is removed from the &amp;#8220;Classified List.&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The following provides a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;description of each surveillance category:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Caution List&amp;#8212;Low&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances. However, debt service protection and other measures of credit support and stability may h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ave declined since the transaction was underwritten and the issuer is less able to withstand further adverse events. Transactions in this category generally require more frequent monitoring than transactions that do not appear within a surveillance categor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y. IPM subjects issuers in this category to heightened scrutiny.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Caution List&amp;#8212;Medium&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances, although adverse trends have developed and are more pronounced t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;han for &amp;#8220;Caution List &amp;#8211; Low.&amp;#8221; Issuers in this category may have breached one or more covenants or triggers. These issuers are more closely monitored by IPM but generally take remedial action on their own.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Caution List&amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' &gt;High&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes issuers where more pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oactive remedial action is needed but where no defaults on debt service payments are expected. Issuers in this category exhibit more significant weaknesses, such as low debt service coverage, reduced or insufficient collateral protection or inadequate liqu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;idity, which could lead to debt service defaults in the future. Issuers in this category may have breached one or more covenants or triggers and have not taken conclusive remedial action. Therefore, IPM adopts a remediation plan and takes more proactive re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;medial actions.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Classified List&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Includes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; all insured obligations where MBIA has paid a claim or where a claim payment is expected. It also includes insured obligations where a significant LAE payment has been made, or is expected to be made, to mitigate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a claim payment. This may include property improvements, bond purchases and commutation payments. Generally, IPM is actively remediating these credits where possible, including restructurings through legal proceedings, usually with the assistance of speci&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alist counsel and advisors.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In establishing case basis loss reserves, the Company calculates the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a discount rate equal to the risk-free rate applicable to th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e currency and the weighted average remaining life of the insurance contract as required by accounting principles for financial guarantee contracts. Yields on U.S. Treasury offerings are used to discount loss reserves denominated in U.S. dollars, which rep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;resent the majority of the loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. If the Company were to apply different discount rates, its case basis reser&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ves may have been higher or lower than those established as of December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. For example, a higher discount rate applied to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expected&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; future payments would have decreased the amount of a case basis reserve established by the Company and a lower rate would have increased the amount of a reserve established by the Company. Similarly&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, a higher discount rate applied to the potential future recoveries would have decreased the amount of a loss recoverable established by the Company and a lower rate would have increased the amount of a loss recoverable established by the Company.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;margin-left:0pt;' &gt;U.S. Public Finance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' &gt; Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;U.S. public finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; transactions consist&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public purpose. The Company estimates future losses by using probability-weighted sce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;narios that are customized to each insured transaction. Future loss estimates consider debt service due for each insured transaction, which includes par outstanding and interest due.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company established loss and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LAE reserves totaling $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;45&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;87&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, and insurance loss recoverable of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, related to U.S. public finance issues. For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, losses and LAE incurred was a benefit of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, primarily related to decreases in reserves for certain general obligation bonds, partially offset by increases in reserves for Puerto Rico exposures. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain local governments remain under financ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ial and budgetary stress and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a few &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;have filed for protection under the United States Bankruptcy Code, or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. This could lead&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to an increase in defaults by such entities on the payment of their obligations and losses or impairments on a greater number &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; monitor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and analyze&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; these situations closely&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;however&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the overall extent an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d duration of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;such&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; events &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; uncertain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and the filing for protection under the United States Bankruptcy Code or entering state statutory proceedings does not result in a default or indicate that an ultimate loss will occur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;98.9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;124.9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion, respectively, of gross par outstanding on general obligations, of which $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;152&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;161&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, were reflected on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Classified List.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Capital appreciation bonds &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are reported at the par amount &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at the time of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issuance of the insurance policy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;margin-left:0pt;' &gt;International&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' &gt; and Structured Finance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' &gt; Insurance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the majority of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international and structured finance insurance segment&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; case basis reserves and insurance loss recoveries recorded in accordance with GAAP were related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;second &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;first-lien RMBS transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;These reserves and recoveries do not include estimates for policies insuring credit derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or losses a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd recoveries on financial guarantee VIEs that are eliminated in consolidation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Policies insuring credit derivative contracts are accounted for as derivatives and carried at fair value under GAAP. The fair values of insured derivative contracts are influen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ced by a variety of market and transaction-specific factors that may be unrelated to potential future claim payments under the Company&amp;#8217;s insurance policies. In the absence of credit impairments on insured derivative contracts or the early termination of su&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch contracts at a loss, the cumulative unrealized losses recorded from these contracts should reverse before or at the maturity of the contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Notwithstanding the difference in accounting under GAAP for financial guarantee policies and the Company&amp;#8217;s ins&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ured derivatives, insured derivatives have similar terms, conditions, risks, and economic profiles to financial guarantee insurance policies, and therefore, are evaluated by the Company for loss (referred to as credit impairment herein) and LAE periodicall&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a manner similar to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the way that loss and LAE reserves are estimated for financial guarantee insurance policies. Credit impairments represent actual payments and collections plus the present value of estimated expected future claim payments, net of re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;coveries. MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp.&amp;#8217;s, exclusive of MBIA UK, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expected future claim payments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for insured derivatives &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were discounted using a rate of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.17&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, the same rate it used to calculate its statutory loss reserves as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA UK used &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a rate of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to discount its expected future claim payments and statutory loss reserves. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;These credit impairments, calculated in accordance with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;statutory accounting principles (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. STAT&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; differ from the fair values recorded in the Company&amp;#8217;s consolid&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ated financial statements. The Company considers its credit impairment estimates as critical information for investors as it provides information about loss payments the Company expects to make on insured derivative contracts. As a result, the following lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss and LAE process discussion includes information about loss and LAE activity recorded in accordance with GAAP for financial guarantee insurance policies and credit impairments estimated in accordance with U.S. STAT for insured derivative contracts. Refer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; included herein for additional information about the Company&amp;#8217;s insured credit derivative contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;RMBS Case Basis Reserves and Recoveries (Financial Guarantees)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s RMBS reserves and recoveries relate to financial guarantee i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsurance policies. The Company calculated RMBS case basis reserves as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for both second and first-lien RMBS transactions using a process called the &amp;#8220;Roll Rate Methodology&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Roll Rate Methodology is a multi-step process using a dat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abase of loan level information, a proprietary internal cash flow model, and a commercially available model to estimate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;potential &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and recoveries &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on insured bonds. &amp;#8220;Roll Rate&amp;#8221; is defined as the probability that current loans become delinquent and tha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t loans in the delinquent pipeline are charged-off or liquidated. Generally, Roll Rates are calculated for the previous three months and averaged. The loss reserve estimates are based on a probability-weighted average of three scenarios of loan losses (bas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e case, stress case, and an additional stress case).&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In calculating ultimate cumulative losses for RMBS, the Company estimates the amount of loans that are expected to be charged-off (deemed uncollectible by servicers of the transactions) or liquidated in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the future.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Second-lien RMBS Reserves&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s second-lien RMBS case basis reserves as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; relate to RMBS backed by home e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;quity lines of credit (&amp;#8220;HELOC&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and closed-end second mortgages (&amp;#8220;CES&amp;#8221;).&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Roll Rates for 30-59 day delinqu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ent loans and 60-89 day delinquent loans are calculated on a transaction-specific basis. The Company assumes that the Roll Rate for 90+ day delinquent loans, excluding foreclosures and Real Estate Owned (&amp;#8220;REO&amp;#8221;) is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;95&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. The Roll Rates are app&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lied to the amounts in the respective delinquency buckets based on delinquencies as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;November 30,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to estimate future losses from loans that are delinquent as of the current reporting period.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Roll Rates for loans that are current as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;November 30,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;Current Roll to Loss&amp;#8221;) are also calculated on a transaction-specific basis. A proportion of loans reported current as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;November 30,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is assumed to become delinquent every month, at a Current Roll to Loss rate that per&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sists at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;current&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; level&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for a time and subsequently starts to decline. A key assumption in the model is the period of time in which the Company projects &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;current&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; levels of Current Roll to Loss to persist. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three different scenarios, base, stress and addi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tional stress, differ in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;period of time for which the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;current &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;levels of Current Roll to Loss rates persist. Loss reserves are calculated by using a weighted&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;average of these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;scenarios, with the majority of the probability assigned to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the stress a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stress scenarios where the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;current&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; levels of Current Roll to Loss rates persist for six or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eighteen &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;months before reverting to historic levels. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n the b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ase case scenario, the Company assumes that the Current Roll to Loss begins to decline immediately and continues to decline over the next six months to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of their levels as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;November 30,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. For example, i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f the amount of cu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rrent loans which become 30-59 days delinquent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, and recent performance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; were to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; suggest that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;30&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of those loans will be charged-off, the Current Roll to Loss for the transaction is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. In the base case&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Current Roll to Loss will &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;then &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reduce linearly to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of its original value over the next six months (i.e., &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% will linearly reduce to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0.75&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% over the six months from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;May &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;). After tha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t six-month period&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the base case scenario&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company further reduces the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oss to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% by&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; late 2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with the expectation that the performing seasoned loans will eventually result in loan performance reverting to low&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; levels of default&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsistent with history. I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the stress and additional stress case scenarios, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Current Roll to Loss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;trends persist for six months and eighteen months, respectively, before reverting to historic trends&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In addition, the Company considers borrower draw &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, voluntary &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;prepayment rates and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pool mortgage insurance,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;affect the excess spread generated by current loans, which offsets losses and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;results in reimbursements to the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company uses the twelve-month average voluntary prepayment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rates and the six-month average loss severities to model its loss reserves. For HELOCs, the current three-month average draw rate is generally used to project future draws on the line. P&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rojected cash flows are also based on an assumed constant basis spread&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; between floating rate assets and floating rate insured debt obligations (the difference between &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;P&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rime and London Interbank Offered Rate (&amp;#8220;LIBOR&amp;#8221;) interest rates, minus any applicable fees). For all transactions, cash flow models consider allocations and o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ther structural aspects, including managed amortization periods, rapid amortization periods and claims against MBIA Corp.&amp;#8217;s insurance policy consistent with such policy&amp;#8217;s terms and conditions. The estimated net claims from the procedure above are then disc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ounted using a risk-free rate to a net present value reflecting MBIA&amp;#8217;s general obligation to pay claims over time and not on an accelerated basis. The above assumptions represent MBIA&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;probability-weighted &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimates of how transactions will perform over t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ime.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company established loss and LAE reserves totaling $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;70&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;126&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, related to second-lien RMBS issues after the elimination of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; mill&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;43&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, as a result of consolidating VIEs. For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company incurred $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;70&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of losses and LAE recorded in earnings related to second-lien RMBS issues after the el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;imination of a $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million expense as a result of consolidating VIEs.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company monitors portfolio performance on a monthly basis against projected performance, reviewing delinquencies, Roll Rates, and prepayment rates (includi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng voluntary and involuntary). However, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loan &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;performance remains difficult to predict and losses may exceed expectations. In the event of a material deviation in actual performance from projected performance, the Company would increase or decrease the case&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; basis reserves accordingly. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;If actual performance were to remain at the current levels for six additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;month&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s compared to the pro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bability-weighted&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;outcome&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; currently used by the Company, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he addition to the case basis reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;would be approximately $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;45&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Second-lien RMBS Recoveries&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company primarily records two types of recoveries related to insured second-lien RMBS exposures: &amp;#8220;put-back&amp;#8221; claims related to those mortgage loans whose inclusion in insured securitizations failed to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; comply with representations and warranties (&amp;#8220;ineligible loans&amp;#8221;) and excess spread that is generated from performing loans in the insured transactions.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Excess Spread&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company recorded estimated recoveries of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;523&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;681&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reimbursement of past and future expected claims through excess spread in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured second-lien RMBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; after the elimination of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;137&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;190&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion, respectively, as a result of consolidating VIEs. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;496&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;27&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;included in &amp;#8220;Insurance loss recoverable&amp;#8221; and &amp;#8220;Loss and loss adjustment expense reserves&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on the Company&amp;#8217;s consolidated balance sheets, re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;spectively, after the elimination of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;132&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million in &amp;#8220;Insurance loss recoverable&amp;#8221; and in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Loss and loss adjustment expense reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;, respectively, as a result of consolidating VIEs. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;647&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;34&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ere included in &amp;#8220;Insurance loss recoverable&amp;#8221; and &amp;#8220;Loss and loss adjustment expense reserves&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets, respectively, after the elimination of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;183&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, as a result of consolidating VIEs. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Excess spread is generated by performing loans within insured second-lien RMBS securitizations and is the difference between interest inflows on mortgage loan collateral and interest outflows on insured beneficial interests. The amount of excess spread de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pends on the future loss trends (which include future delinquency trends, average time to charge-off delinquent loans, and the availability of pool mortgage insurance), the future spread between Prime and LIBOR interest rates; and borrower refinancing beha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vior which results in voluntary prepayments. Minor deviations in loss trends and voluntary prepayments may substantially impact the amounts collected from excess spread. Voluntary prepayment rates generally increased for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The use of these average voluntary prepayment rates in the loss projections resulted in a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; reduction in estimated recoveries.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Ineligible Mortgage Loans&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;To date, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;settled the majority of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back claims&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Only its claims against Cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edit Suisse remain outstanding. Settlement amounts have been &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consistent with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back recoveries previously included in the Company&amp;#8217;s financial statements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The contract claim remaining with Credit Suisse is related to the inclusion of ineligible mortg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;age loans in the 2007-2 Home Equity Mortgage Trust (&amp;#8220;HEMT&amp;#8221;) securitization. Credit Suisse has challenged the Company&amp;#8217;s assessment of the ineligibility of individual mortgage loans and the dispute is the subject of litigation for which there is no assurance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that the Company will prevail. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 21: Commitments and Contingencies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dditional information &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;about the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;litigation against &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Credit Suisse.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company recorded estimated recoveries&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;379&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;359&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; mill&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion, respectively, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its Credit Suisse &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back claims&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, reflected&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in &amp;#8220;Loan repurchase commitments&amp;#8221; presented under the heading &amp;#8220;Assets of consolidated variable interest entities&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company beli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eves that it will prevail in enforcing its contractual &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rights against &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Credit Suisse. Based on the Company&amp;#8217;s assessment of the strength of these claims, its prior settlements with other sellers/servicers, and success of other monolines in litigatio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n against other sellers/servicers, the Company believes it is entitled to collect the full amount of its incurred losses, which totaled $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;417&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million through &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The Company is also &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entitled to collect interest on amounts paid; it believe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s that in context of its put-back litigation, the appropriate rate should be the New York State statutory rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;However, the Company currently calculates its put-back recoveries using the contractual interest rate, which is lower than the New York State st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;atutory rate.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Notwithstanding the foregoing, u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ncertainty &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;remains &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with respect to the ultimate outcome&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the litigation with Credit Suisse, which is contemplated in the scenario based-modeling the Company uses. The Credit Suisse recovery scenarios are base&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d on the amount of incurred losses measured against certain probabilities of ultimate resolution of the dispute with Credit Suisse. Most of the probability weight is assigned to partial recovery scenarios and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re discounted using the current risk-free di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;scount rates associated with the underlying transaction&amp;#8217;s cash flows&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company continues to consider all relevant facts and circumstances&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in developing its assumptions on expected cash inflows, probability of potential recoveries (including the outcome&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of litigation) and recovery period. The estimated amount and likelihood of potential recoveries are expected to be revised and supplemented to the extent there are developments in the pending litigation and/or changes to the financial condition of Credit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Suisse. While the Company believes it will be successful in realizing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recoveries from&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; contract claims&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; against Credit Suisse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the ultimate amounts recovered may be materially different from those recorded by the Company given the inherent uncertaint&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y of the manner of resolving the claims (e.g., litigation) and the assumptions used in the required estimation process for accounting purposes which are based, in part, on judgments and other information that are not easily corroborated by historical data &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or other relevant benchmarks.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;First-lien RMBS Reserves&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s first-lien RMBS case basis reserves as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which primarily relate to RMBS backed by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alternative A-paper &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and subprime mortgage loans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; were determined using the Roll Ra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te Methodology. The Company assumes that the Roll Rate for loans in foreclosure, REO&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and bankruptcy are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;90&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;90&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;75&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively. Roll Rates for current, 30-59 day delinquent loans, 60-89 day deli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nquent loans and 90+ day delinquent loans are calculated on a transaction-specific basis. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urrent Roll to Loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; rates &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stay at the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;November 30,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; level for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;one&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; month before declining to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of this level over a 24-month peri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;od. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company estimates future losses by using three different probability-weighted scenarios: base; stress; and additional stress. The three scenarios differ in the Roll Rates to loss of 90+ day delinquent loans. In the base scenario, the Company uses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deal-specific Roll Rates obtained from historic loan level Roll Rate data for 90+ day delinquent loans. In the stress scenario, the Company assumes a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;90&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% Roll Rate for all 90+ day delinquent loans. In the additional stress scenario, the Roll Rates for each&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; deal are an average of the deal-specific Roll Rate used in the base scenario and the 90% rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Roll Rates are applied to the amounts in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;each deal&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;respective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;90+ &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;delinquency bucket based on delinquencies as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;November 30,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in order &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to estimate future losses from loans that are delinquent as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In calculating ultimate cumulative losses for first-lien RMBS, the Company estimates the amount of loans that are expected to be liquidated through foreclosure or short sa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;le. The time to liquidation for a defaulted loan is specific to the loan&amp;#8217;s delinquency bucket&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with the latest three-month average loss severities generally used to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; start&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e projection for trends in loss severities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at loan liquidation. The loss severities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are reduced over time to account for reduction in the amount of foreclosure &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inventory, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anticipated&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; future&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; increases in home prices, principal amortization of the loan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and government foreclosure moratoriums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company establis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hed loss and LAE reserves totaling $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;263&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million related to first-lien RMBS issues. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company established loss and LAE reserves totaling $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;241&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million related to first-lien RMBS issues after the elimination of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million as a result of consolidating VIEs. For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company incurred $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;65&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of losses and LAE recorded in earnings related to first-lien RMBS issues after the e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;limination of a $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million expense as a result of consolidating VIEs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Multi-sector CDOs,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;RE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;, and High Yield Corporate CDOs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA&amp;#8217;s insured  multi-sector CDOs are transactions that include a variety of collateral &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ranging from corporate bonds to structured finance assets (which includes but are not limited to RMBS related collateral, ABS CDOs, corporate CDOs and collateralized loan obligations). These transactions were insured as either financial guarantee insurance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; policies or credit derivatives with the majority currently insured in the form of financial guarantees.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA&amp;#8217;s insured CRE transactions comprise structured CMBS pools, CRE CDOs and CRE loan pools. The majority of this portfolio is accounted for as insured&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; credit derivatives and carried at fair value in the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Refer to &amp;#8220;Note 9: Derivative Instruments&amp;#8221; for a further discussion of the Company&amp;#8217;s use of derivatives and their impact on the Company&amp;#8217;s consolidated financia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l statements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Since the Company&amp;#8217;s insured credit derivatives have similar terms, conditions, risks, and economic profiles to its financial guarantee insurance policies, the Company evaluates them for impairment in the same way that it estimates loss and LA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E for its financial guarantee policies.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA&amp;#8217;s high yield corporate CDO portfolio c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;omprises middle-market/special-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;opportunity corporate loan transactions. These transactions were insured as financial guarantee insurance policies.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following discussion p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rovides information about the Company&amp;#8217;s process for estimating reserves and credit impairments on these policies, determined as the present value of the probability-weighted potential future losses, net of estimated recoveries, across multiple scenarios.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company considers several factors when developing the range of potential outcomes and their impact on MBIA. The following approaches require substantial judgments about the future performance of each transaction: &lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Each transaction is evaluated for its c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ommutation potential, which is customized by counterparty and considers historical commutation prices, the level of dialogue with the counterparty and the credit quality and payment profile of the underlying exposure.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A range of loss scenarios is considere&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d under different default and severity rates for each transaction&amp;#8217;s collateral.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The loss severities projected by these approaches vary widely. Actual losses will be a function of the proportion of collateral in the pools that default and the loss severitie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s associated with those defaults.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;established&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oss and LAE reserves totaling $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;127&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, related to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the total &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDO financial guarantee insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;portfolio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; after the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elimination of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;225&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;226&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, as a result of consolidating&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; VIEs. For the year ended December 31, 2014, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;incurred $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;33&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of losses and LAE recorded in earnings related to the total &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDO financial guarantee insura&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;portfolio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; after the elimination of a $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;benefit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as a result of consolidating VIEs. In the event of further deteriorating performance of the collateral referenced or held in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;total &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDO &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;portfolio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the amount of losses estimated by the Company coul&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d increase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;substant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ially.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and LAE Activity&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Financial Guarantee Insurance Losses (Non-Derivative&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' &gt; and Non-Consolidated VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' &gt;)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s financial guarantee insurance losses and LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of reinsurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013 and 2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:217.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Second-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(151)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;First-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Losses and LAE expense (benefit)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes ABS CDOs, CMBS, U.S. public finance and other issues.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For 2014, the increase in losses and LAE expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he preceding table, compared with 2013 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily related to increases in losses and LAE related to expected payments on insured first-lien RMBS and high yield corporate CDOs and decreases in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recoveries of expected payments as a result of lower projected collections from excess spread within insured second-lien RMBS securitizations.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Partially offsetting this increase in Loss and LAE were benefits related to a decrease in reserves on an interna&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tional road transaction, decreases in losses and LAE related to expected payments on ABS CDOs and increases in recoveries of expected payments within insured first-lien RMBS securitizations. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For 2013, the increase in losses and LAE expense, in the precedi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng table, compared with 2012, primarily related to increases in losses on other issues related to an international road transaction and U.S. public finance transactions and a decrease in recoveries on insured second-lien RMBS transactions, partially offset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by a benefit in first-lien RMBS transactions related to previously established reserves and decreases in CMBS and ABS CDO transactions. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Costs associated with remediating insured obligations assigned to the Company&amp;#8217;s surveillance categories are recorded a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s LAE and included in &amp;#8220;Losses and loss adjustment&amp;#8221; expenses on the Company&amp;#8217;s consolidated statements of operations. For the years ended December 31, 2014, 2013 and 2012, gross LAE related to remediating insured obligations were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;36&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;57&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;137&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. Decreases in LAE are due to lower litigation expenses as a result of settlements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bili&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ego&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;315&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,372&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,001&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11,263&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;696&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;819&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,037&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,620&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,453&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,191&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11,038&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15,883&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;850&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;850&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;860&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;860&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;80&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;167&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bili&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ego&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;192&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,290&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,073&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,861&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14,264&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,829&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;253&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,526&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9,119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,326&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12,387&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,235&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,235&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,085&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,085&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(55)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;227&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The gross claim liability in the preceding tables represents the Company&amp;#8217;s estimate of undiscounted probability-weighted future claim payments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the gross claim liability primarily related to insured first and second-lien RMBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; issues, high yield corporate CDOs and an international road transaction. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the gross claim liability primarily related to insured first and second-lien RMBS issues, ABS CDOs and an international road transaction.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The gross potent&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ial recoveries&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;represent the Company&amp;#8217;s estimate of undiscounted probability-weighted recoveries of actual claim payments and recoveries of estimated future claim payments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the gross potential recoveries &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;principally r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to insured second-lien RMBS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and U.S. public finance issues&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s recoveries have been, and remain based on either salvage rights, the rights conferred to MBIA through the transactional documents (inclusive of the insurance agreement), or su&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;brogation rights embedded within financial guarantee insurance policies. Expected salvage and subrogation recoveries, as well as recoveries from other remediation efforts, reduce the Company&amp;#8217;s claim liability. Once a claim payment has been made, the claim &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liability has been satisfied and MBIA&amp;#8217;s right to recovery is no longer considered an offset to future expected claim payments, it is recorded as a salvage asset. The amount of recoveries recorded by the Company is limited to paid claims plus the present va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lue of projected future claim payments. As claim payments are made, the recorded amount of potential recoveries may exceed the remaining amount of the claim liability for a given policy.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The gross claim liability and gross potential recoveries &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reflect the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elimination of claim liabilities and potential recoveries related to VIEs consolidated by the Company.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the components of the Company&amp;#8217;s loss and LAE reserves and insurance loss recoverable as reported on the Company&amp;#8217;s consolidat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed balance sheets as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for insured obligations within MBIA&amp;#8217;s &amp;#8220;Classified List&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; The loss reserves (claim liability) and insurance claim loss recoverable included in the following table represent the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value of the pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obability-weighted future claim payments and recoveries reported in the preceding tables.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss reserves (claim liability)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;464&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;580&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss and LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;506&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insurance claim loss recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(533)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(694)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;LAE insurance loss recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insurance loss recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(533)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(694)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reinsurance recoverable on unpaid losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reinsurance recoverable on unpaid LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:left;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reinsurance recoverable on paid and unpaid losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, loss and LAE reserves include $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;653&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion of reserves for expected future payments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, partially&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; offset by expected recoveries of such future payments of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;147&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, loss and LAE reserves included $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;847&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion of reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s for expected future payments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, partially&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; offset by expected recoveries of such future payments of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;206&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the insurance los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s recoverable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to expected future recoveries on second-lien RMBS transactions resulting from excess spread generated by performing loans in such &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;decrease in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rance loss recoverable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily due to decreases in pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ojected collections from excess spread within insured second-lien RMBS securitizations. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amounts of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s second-lien RMBS exposure, gross undiscounted claim liability and potential recoveries&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; related to non-consoli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and consolidated VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;included in the Company&amp;#8217;s &amp;#8220;Classified List,&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Second-lien RMBS Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross Undiscounted &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:209.25pt;text-align:left;border-color:Black;min-width:209.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Potential&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present changes in the Company&amp;#8217;s loss and LAE reserves for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Changes in the loss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reserves attributable to the accretion of the claim liability discount, changes in discount &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rates, changes in the timing and amounts of estimated payments and recoveries, changes in assumptions and changes in LAE reserves are recorded in &amp;#8220;Losses and loss adjustment&amp;#8221; expenses in the Company&amp;#8217;s consolidated statements of operations. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the weighted average risk-free rate used to discount the Company&amp;#8217;s loss reserves (claim liability) was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.72&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.37&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. LAE reserves are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generally &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expected to be settled within a one-year period an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d are not discounted.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:354pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(157)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(35)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;506&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of payments.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; decrease &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the Company&amp;#8217;s gross loss and LAE reserves reflected in the preceding table was primarily&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to loss payments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes in assumptions on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ABS CDOs and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an international road transaction&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. These were&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; partially offset by&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; increases in reserves due to changes in discount rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, primarily&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on ABS CDOs and insured first and second-lien RMBS issues outstanding as of December 31, 2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anges in assumptions related to high yield corporate CDOs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;853&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(337)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(92)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:32.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;border-color:Black;min-width:486.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of payments.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; decrease &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the Company&amp;#8217;s gross loss and LAE reserves reflected in the preceding table was primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to loss payments on insured first and second-lien RMBS and U.S. public finance issues, partially offset by changes in assumptions. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;est&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tent&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ove&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;et&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;os&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;L&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The following table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anges in the Company&amp;#8217;s insurance loss recoverable and changes in recoveries on unpaid losses reported within the Company&amp;#8217;s claim liability for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Changes in insurance loss recoverable attributable to the accretion of the discount on the recoverable, changes in discount rates, changes in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amount and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;timing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of estimated collections, changes in assumptions and changes in LAE recoveries are recorded in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8220;Losses and loss adjustment&amp;#8221; expenses in the Company&amp;#8217;s consolidated statements of operations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:291.75pt;text-align:center;border-color:Black;min-width:291.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:291.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:291.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;694&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(77)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;533&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(79)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;900&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(156)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;680&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;decrease&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ompan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; insurance loss recoverable and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;overie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; unpai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;durin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ily&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; du&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; collections associated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; out&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tandin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, changes in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;assumptions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;due to lower LIBOR forward&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; rates on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; second-lien RMBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; issues&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and changes in assumptions &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on an international road transaction and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. public finance issues&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,648&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3,011)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(33)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;694&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(91)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,980&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3,011)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;900&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:141pt;text-align:left;border-color:Black;min-width:141pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;border-color:Black;min-width:433.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ompan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uran&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;overabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;crea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; durin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ily&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; du&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recoverie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ci&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issues outstanding as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;which r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; settlement &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the ineligible mortgage loans included &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ond-lie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;identia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; mortgag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uriti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;atio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; tha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ubje&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; contra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obligation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eller&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;/&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;icer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; repur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;repla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; mortgages&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;R&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;overie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; unpai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rease&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primaril&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; du&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sumption&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;resul&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reduction of excess spread related to first and second-lien RMBS transactions and changes in discount rates. &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="INF" id="ID_2003" unitRef="Policies">38</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="INF" id="ID_2004" unitRef="Issues">119</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2005" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2006" unitRef="USD">1085000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2007" unitRef="USD">4526000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <mbi:ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2008">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss reserves (claim liability)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;464&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;580&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss and LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;506&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;641&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insurance claim loss recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(533)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(694)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;LAE insurance loss recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insurance loss recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(533)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(694)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reinsurance recoverable on unpaid losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reinsurance recoverable on unpaid LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:left;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reinsurance recoverable on paid and unpaid losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_2009" unitRef="USD">-77000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2010" unitRef="USD">-71000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2011" unitRef="USD">801000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2012" unitRef="USD">547000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2013" unitRef="USD">0</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2014" unitRef="USD">927000000</us-gaap:MediumTermNotes>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2015" unitRef="USD">4000000</us-gaap:OtherInvestments>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2016" unitRef="USD">2930000000</us-gaap:NotesPayable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2017" unitRef="USD">2782000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2018">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;415&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(903)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(415)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(211)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;735&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency derivatives,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;445&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(848)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(626)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2) - Primarily relates to the deconsolidation of VIEs. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,921&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,548&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,778)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,548)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Interest rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(18)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,932&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(277)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,076)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;181&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency derivatives,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5,039&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,548&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,577)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,825)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,076)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;185&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:23.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2) - Primarily relates to the deconsolidation of VIEs.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2019" unitRef="USD">166000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2020" unitRef="USD">1778000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2021" unitRef="USD">3584000000</mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments>
  <mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2022" unitRef="USD">2479000000</mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2023" unitRef="USD">6075000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2024" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2025" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2026" unitRef="USD">208000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2027" unitRef="USD">20000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2028" unitRef="USD">1682000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2029" unitRef="USD">781000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2030" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2031" unitRef="USD">97000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2032" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2033" unitRef="USD">181000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2034" unitRef="USD">19000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2035" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2036" unitRef="USD">36000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2037" unitRef="USD">82000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2038" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2039" unitRef="USD">1244000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2040" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2041" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2042" unitRef="USD">229000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2043" unitRef="USD">181000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_2044" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_2045" unitRef="USD">373000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_2046" unitRef="USD">25000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2047" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2048" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2049" unitRef="USD">11000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2050" unitRef="USD">201000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_NotRatedMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2051" unitRef="USD">23000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_2052" unitRef="USD">21000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2053" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2054" unitRef="USD">15000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2055" unitRef="USD">15000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2056" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2057" unitRef="USD">1152000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2058" unitRef="USD">4945000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2059" unitRef="USD">241000000</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2060" unitRef="USD">4000000</us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_2061" unitRef="USD">-166000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2062" unitRef="USD">229000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2063" unitRef="USD">518000000</mbi:SegmentRevenue>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2064" unitRef="USD">251000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember" decimals="-6" id="ID_2065" unitRef="USD">9000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2066" unitRef="USD">526000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2067" unitRef="USD">78000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2068" unitRef="USD">236000000</us-gaap:InterestExpense>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2069" unitRef="USD">629000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:DerivativeAssetsLiabilitiesAtFairValueNet contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2070" unitRef="USD">244000000</us-gaap:DerivativeAssetsLiabilitiesAtFairValueNet>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2071" unitRef="USD">13000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2072" unitRef="USD">0</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2073" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2074" unitRef="USD">55000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2075" unitRef="USD">47000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2076" unitRef="USD">0</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2077" unitRef="USD">793000000</mbi:SegmentExpense>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2078" unitRef="USD">1161000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2079" unitRef="USD">136000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_NettingAndCollateralMember" decimals="-6" id="ID_2080" unitRef="USD">-165000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2081" unitRef="USD">-17000000</us-gaap:NetIncomeLoss>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" id="ID_2082">P12Y0M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2083" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2084" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2085" unitRef="USD">29000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2086" unitRef="USD">9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2087" unitRef="USD">52000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2088" unitRef="USD">26000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2089" unitRef="USD">316000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2090" unitRef="USD">-13000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2091" unitRef="USD">16000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2092" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2093" unitRef="USD">125000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2094" unitRef="USD">2000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2095" unitRef="USD">20000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2096" unitRef="USD">16000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_2097" unitRef="myYears">3.2</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember" decimals="-6" id="ID_2098" unitRef="USD">42000000</mbi:FairValueMeasurementRangeDollars>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_2099" unitRef="myYears">28</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_2100" unitRef="USD">-31000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:DerivativeLiabilityCounterpartyNetting contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2101" unitRef="USD">81000000</mbi:DerivativeLiabilityCounterpartyNetting>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2102" unitRef="USD">0</us-gaap:DerivativeCollateralRightToReclaimCash>
  <us-gaap:DerivativeFairValueOfDerivativeAsset contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_MediumTermNotesAndOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_EmbeddedMember" decimals="-6" id="ID_2103" unitRef="USD">9000000</us-gaap:DerivativeFairValueOfDerivativeAsset>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2104" unitRef="USD">45000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_2105" unitRef="pure">0.51</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_2106" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_2107" unitRef="pure">0.9</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2108" unitRef="USD">-6000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:IncreaseDecreaseToCaseBasisReserves contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_2109" unitRef="USD">45000000</mbi:IncreaseDecreaseToCaseBasisReserves>
  <mbi:PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths contextRef="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="0" id="ID_2110" unitRef="pure">6</mbi:PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2111" unitRef="USD">56000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2112" unitRef="USD">65000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2113" unitRef="USD">2000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2114" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2115" unitRef="USD">783000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_2116" unitRef="USD">6000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2117" unitRef="USD">1412000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_2118" unitRef="USD">-5000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2119" unitRef="USD">1161000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2120" unitRef="USD">547000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2121" unitRef="USD">3115000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_2122" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:InvestmentOwnedAtFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2123" unitRef="USD">13000000</us-gaap:InvestmentOwnedAtFairValue>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2124" unitRef="USD">21000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2125" unitRef="USD">50000000</us-gaap:NetInvestmentIncome>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2126" unitRef="USD">11000000</us-gaap:OperatingExpenses>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2127" unitRef="USD">-3000000</us-gaap:OtherIncome>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember" decimals="INF" id="ID_2128" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2129" unitRef="USD">-2359000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2130" unitRef="USD">-6000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2131" unitRef="USD">-43000000</us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2132" unitRef="USD">157000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <us-gaap:InsurancePremiumsRevenueRecognitionPolicy contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2133">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Financial Guarantee Insurance Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Unearned Premium Revenue and Receivable for Future Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes a liability for unearned premium revenue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contract is measured at the present value of the premium due. For most financial guarantee i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certain other financial guarantee contracts, the Company receives premiums in installments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at the present value of premiums expected to be collected over the contract period or exp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums for contracts where (a)&amp;#160;the insured obligation is contractually prepayable, (b)&amp;#160;prep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ayments are probable, (c)&amp;#160;the amount and timing of prepayments are reasonably estimable, and (d)&amp;#160;a homogenous pool of assets is the underlying collateral for the insured obligation. The Company has determined that substantially all of its installment contr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Company reports the accretion of the discount on installment premiums receivable as premi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;um revenue and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adjusts the receivable for uncollectible amounts and recognizes any write-off as operati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng expense, and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Premium Revenue Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes and measures premium revenue over the period of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstanding in a given period to recognize a proportionate share of the premium received or e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xpected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of (a)&amp;#160;the present value of premium received or expected to be received over the perio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d of the contract to (b)&amp;#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;An issuer of an insured financial obligation may retire the obligation prior to its scheduled maturity through refinancing or le&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&amp;#8217;s obligation being extinguished under the financial guarantee contract. The Company recognizes any remaining unearned premium revenue on the insured o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Non-refundable commitment fees are considered insurance premiums and are initially recorded under unearned prem&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium written and earned using the constant rate method. If the commitment agreement expi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;res before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:InsurancePremiumsRevenueRecognitionPolicy>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2134" unitRef="USD">102000000</us-gaap:DerivativeLiabilities>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_2135" unitRef="USD">16000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_2136" unitRef="USD">6000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2137" unitRef="USD">524000000</mbi:InsuranceLossRecoverable>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2138" unitRef="USD">108845000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_2139" unitRef="USD">20162000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2140" unitRef="USD">676000000</mbi:InsuranceLossRecoverable>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2141" unitRef="USD">108000000</us-gaap:DerivativeLiabilities>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2142" unitRef="USD">3037000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2143" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2144">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;315&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,372&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,001&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11,263&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;696&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;819&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,037&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,620&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,453&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,191&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11,038&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15,883&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;850&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;850&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;860&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;860&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;80&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;167&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;192&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,290&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,073&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,861&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14,264&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,829&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;253&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,526&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9,119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,326&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12,387&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,235&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,235&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,085&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,085&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(55)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;227&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2145" unitRef="USD">205000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2146" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2147" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <mbi:ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_2148" unitRef="USD">1000000</mbi:ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember" decimals="-6" id="ID_2149" unitRef="USD">641000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:NumberOfInsuredIssuesReviewed contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_InsuredIssuesDesignatedAsClassifiedListMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_NonVariableInterestEntitiesMember" decimals="INF" id="ID_2150" unitRef="Issues">0</mbi:NumberOfInsuredIssuesReviewed>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_2151" unitRef="USD">0</mbi:CollectionsForCasesWithRecoveries>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2152" unitRef="USD">-156000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2153" unitRef="USD">-17000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2154" unitRef="USD">359000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2155" unitRef="USD">2779000000</us-gaap:NotesPayable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_2156" unitRef="USD">138000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2157" unitRef="USD">0</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2158" unitRef="USD">31000000</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2159">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(48)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(27)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Perpetual debt and equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt; securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(220)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(316)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(110)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;240&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(140)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,097&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:7.5pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:551.25pt;text-align:center;border-color:Black;min-width:551.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;103&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(109)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Perpetual debt and equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;125&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(85)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,881&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(275)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(174)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,612&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,086&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(899)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;359&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3,532&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;342&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;75&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1,272)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(374)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;218&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(196)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' &gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2160" unitRef="USD">172000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2161" unitRef="USD">-12000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2162" unitRef="USD">3787000000</mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2163" unitRef="USD">2077000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2164" unitRef="USD">452000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <mbi:Periodofcurrentrolltolossforstresscaseadditionalmonths contextRef="FROM_Dec01_2014_TO_May31_2015_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember" decimals="0" id="ID_2165" unitRef="pure">6</mbi:Periodofcurrentrolltolossforstresscaseadditionalmonths>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2166" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2167" unitRef="USD">177000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2168" unitRef="USD">631000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2169" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2170" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2171" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2172" unitRef="USD">77000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2173" unitRef="USD">184000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2174" unitRef="USD">14000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2175" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2176" unitRef="USD">9000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2177" unitRef="USD">229000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2178" unitRef="USD">31000000</mbi:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2179">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due in one year or less&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;806&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;806&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after one year through five years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,388&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after five years through ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;889&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,459&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,491&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed and asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,533&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,513&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,075&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;6,136&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2180" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2181" unitRef="USD">403000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2182" unitRef="USD">145000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2183" unitRef="USD">0</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2184" unitRef="USD">269000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2185" unitRef="USD">2973000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2186" unitRef="USD">36000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2187" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2188" unitRef="USD">1000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2189" unitRef="USD">181000000</mbi:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_2190" unitRef="USD">58000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:PercentageOfFairValueBelowBookValueMaximum contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="2" id="ID_2191" unitRef="pure">0.25</mbi:PercentageOfFairValueBelowBookValueMaximum>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="INF" id="ID_2192" unitRef="Security">12</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_2193" unitRef="USD">1000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_mbi_BelowInvestmentGradeMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2194" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2195" unitRef="USD">92000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAa1RatingMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2196" unitRef="USD">55000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2197" unitRef="USD">121000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2198">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:185.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit Losses Recognized in Earnings Related to OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Beginning balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;341&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities not previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;on securities sold during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(174)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;impaired to fair value during the period&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(111)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for increases in cash flows expected to be collected over the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;remaining life of the security&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ending balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; required to sell the security before recovery of the security&amp;#39;s amortized cost.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2199" unitRef="USD">57000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2200" unitRef="USD">22000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2201" unitRef="USD">1182000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2202" unitRef="USD">1586000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2203" unitRef="USD">23954000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2204" unitRef="USD">83000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2205" unitRef="USD">15000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:DeferredFederalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2206" unitRef="USD">165000000</us-gaap:DeferredFederalIncomeTaxExpenseBenefit>
  <us-gaap:ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2207">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of January 1, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During a prior year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The amounts of decreases in the UTB as a result of the applicable statute of limitations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of December 31, 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During the current year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The amounts of decreases in the UTB related to settlements with taxing authorities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During a prior year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(61)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;During the current year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The amounts of decreases in the UTB related to settlements with taxing authorities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;The reduction in the UTB as a result of the applicable statute of limitations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrecognized tax benefit as of December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:69pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2208" unitRef="USD">66000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2209" unitRef="USD">716000000</mbi:SegmentRevenue>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CentralAndSouthAmericaMember" decimals="-6" id="ID_2210" unitRef="USD">36000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2211">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:269.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions except share and per share amounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Basic earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:center;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;553&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;245&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,202&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,171,503&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189,071,011&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,834,626&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per basic common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;text-align:left;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Diluted earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: mark-to-market gain (loss) on warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;526&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;245&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,202&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,171,503&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189,071,011&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;188,834,626&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effect of common stock equivalents:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;  Stock options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,104,247&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,241,902&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,062,395&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;  Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,622,877&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Diluted weighted average shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;190,898,627&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;190,312,913&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189,897,021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per diluted common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td style='width:258pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:258pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; (1) Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' &gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2212" unitRef="USD">28000000</us-gaap:OtherIncome>
  <us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2213" unitRef="USD">46000000</us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense>
  <us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_2214" unitRef="USD">-19000000</us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2215" unitRef="USD">175000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:EarningsPerShareDiluted contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="2" id="ID_2216" unitRef="USDPerShare">2.76</us-gaap:EarningsPerShareDiluted>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2217" unitRef="USD">-76000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2218" unitRef="USD">-15000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2219" unitRef="USD">44000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2220" unitRef="USD">48000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2221" unitRef="USD">14000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_2222" unitRef="USD">59000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2223" unitRef="USD">2301000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2224" unitRef="USD">3781000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2225" unitRef="USD">-5000000</us-gaap:NetInvestmentIncome>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2226" unitRef="USD">2097000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2227" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2228" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2229" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2230" unitRef="USD">18000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2231" unitRef="USD">10000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2232" unitRef="USD">-7000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2233" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2234" unitRef="USD">42000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2235" unitRef="USD">-5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2236" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2237" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2238" unitRef="USD">-1778000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2239" unitRef="USD">1548000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_2240" unitRef="USD">277000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_2241" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2242" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_2243" unitRef="Security">50</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2244" unitRef="USD">1431000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_BetanddualdefaultvaluationmodelsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_2245" unitRef="USD">85000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:DerivativesCededUnderReinsuranceAgreements contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2246" unitRef="USD">13000000</mbi:DerivativesCededUnderReinsuranceAgreements>
  <mbi:OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2247" unitRef="USD">2000000</mbi:OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember" decimals="-6" id="ID_2248" unitRef="USD">70000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2249" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2250" unitRef="USD">30000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:EstimatedInsuranceRecoveries contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="-6" id="ID_2251" unitRef="USD">523000000</us-gaap:EstimatedInsuranceRecoveries>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienRMBSSecuritizationsMember" decimals="-6" id="ID_2252" unitRef="USD">126000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2253" unitRef="USD">132000000</mbi:InsuranceLossRecoverable>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2254" unitRef="USD">1732000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2255" unitRef="USD">1162000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2256" unitRef="USD">55000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2257" unitRef="USD">35000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_2258" unitRef="USD">28000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2259" unitRef="USD">1200000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2260" unitRef="USD">130000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2261" unitRef="USD">398000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2262" unitRef="USD">2632000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" decimals="-6" id="ID_2263" unitRef="USD">-104000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2264" unitRef="USD">484000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_2265" unitRef="USD">11000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2266" unitRef="USD">15000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_2267" unitRef="USD">38000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <mbi:RollforwardOfPremiumsReceivableTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2268">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(120)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;875&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,228&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(135)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(25)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:RollforwardOfPremiumsReceivableTableTextBlock>
  <mbi:UndiscountedFuturePremiumsByPeriodTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2269">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collection of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2024&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;282&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2029&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2034 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,111&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:UndiscountedFuturePremiumsByPeriodTableTextBlock>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_2270" unitRef="pure">0.028</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_2271" unitRef="pure">0.029</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate>
  <us-gaap:ReinsurancePayable contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2272" unitRef="USD">56000000</us-gaap:ReinsurancePayable>
  <us-gaap:ReinsurancePayable contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2273" unitRef="USD">51000000</us-gaap:ReinsurancePayable>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2274" unitRef="USD">1228000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2275" unitRef="USD">1051000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2276" unitRef="USD">875000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2277" unitRef="USD">-120000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2278" unitRef="USD">6000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2279" unitRef="USD">-50000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2280" unitRef="USD">26000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2281" unitRef="USD">-38000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2282" unitRef="USD">-135000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2283" unitRef="USD">0</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2284" unitRef="USD">-45000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2285" unitRef="USD">28000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2286" unitRef="USD">-25000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2287" unitRef="USD">20000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2288" unitRef="USD">32000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2289" unitRef="USD">21000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2290" unitRef="USD">24000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2291" unitRef="USD">91000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2292" unitRef="USD">83000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2293" unitRef="USD">73000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2294" unitRef="USD">68000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2295" unitRef="USD">282000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2296" unitRef="USD">204000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2297" unitRef="USD">213000000</mbi:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2298" unitRef="USD">1111000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember" decimals="-6" id="ID_2299" unitRef="USD">1986000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_MarchThirtyOneTwoThousandFifteenMember" decimals="-6" id="ID_2300" unitRef="USD">1934000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_JuneThirtyTwoThousandFifeteenMember" decimals="-6" id="ID_2301" unitRef="USD">1883000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_SeptemberThirtyTwoThousandFifeteenMember" decimals="-6" id="ID_2302" unitRef="USD">1834000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandFifeteenMember" decimals="-6" id="ID_2303" unitRef="USD">1786000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandSixteenrMember" decimals="-6" id="ID_2304" unitRef="USD">1603000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandSeventeenMember" decimals="-6" id="ID_2305" unitRef="USD">1436000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandEighteenMember" decimals="-6" id="ID_2306" unitRef="USD">1286000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" decimals="-6" id="ID_2307" unitRef="USD">1148000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyFourMember" decimals="-6" id="ID_2308" unitRef="USD">613000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyNineMember" decimals="-6" id="ID_2309" unitRef="USD">288000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" decimals="-6" id="ID_2310" unitRef="USD">0</us-gaap:UnearnedPremiums>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2311" unitRef="USD">30000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2312" unitRef="USD">22000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2313" unitRef="USD">6000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2314" unitRef="USD">29000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2315" unitRef="USD">22000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2316" unitRef="USD">6000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2317" unitRef="USD">28000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2318" unitRef="USD">21000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2319" unitRef="USD">6000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2320" unitRef="USD">27000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2321" unitRef="USD">21000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2322" unitRef="USD">6000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2323" unitRef="USD">102000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2324" unitRef="USD">81000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2325" unitRef="USD">21000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2326" unitRef="USD">93000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2327" unitRef="USD">74000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2328" unitRef="USD">20000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2329" unitRef="USD">85000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2330" unitRef="USD">65000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2331" unitRef="USD">18000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2332" unitRef="USD">78000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2333" unitRef="USD">60000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2334" unitRef="USD">17000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2335" unitRef="USD">294000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2336" unitRef="USD">241000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2337" unitRef="USD">64000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2338" unitRef="USD">171000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2339" unitRef="USD">154000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2340" unitRef="USD">37000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2341" unitRef="USD">146000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2342" unitRef="USD">142000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2343" unitRef="USD">35000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_2344" unitRef="USD">1083000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_2345" unitRef="USD">903000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_2346" unitRef="USD">236000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2347" unitRef="USD">58000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2348" unitRef="USD">57000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2349" unitRef="USD">55000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2350" unitRef="USD">54000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2351" unitRef="USD">204000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2352" unitRef="USD">187000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2353" unitRef="USD">168000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2354" unitRef="USD">155000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2355" unitRef="USD">599000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2356" unitRef="USD">362000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2357" unitRef="USD">323000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2358" unitRef="USD">2222000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <mbi:ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2359">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Geographic Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;California&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New York&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Illinois&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Florida&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Texas&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New Jersey&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Michigan&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Puerto Rico&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Pennsylvania&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Washington&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Subtotal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;231.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;283.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;51.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Nationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other states&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;123.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;394.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;492.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Country specific&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;437.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;554.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock>
  <mbi:ScheduleOfInsuranceInForceByBondTypeTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2360">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Bond type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;font style='font-family:Symbol;font-size:10pt;color:#000000;' &gt;&amp;#190;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;153.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation&lt;/font&gt;&lt;font style='font-family:Symbol;font-size:10pt;color:#000000;' &gt;&amp;#190;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;lease&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;78.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Higher education&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Health care&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Military housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investor-owned utilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;361.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;445.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;80.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;font style='font-family:Symbol;font-size:10pt;color:#000000;' &gt;&amp;#190;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;non-United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;International utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Sovereign-related and sub-sovereign&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Local governments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;400.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;491.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;62.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;437.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;554.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;___________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes investor owned utilities, industrial development and pollution control revenue bonds.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Includes certain non-profit enterprises, stadium related financing and student loans.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Includes municipal owned entities backed by sponsoring local government.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO structuring &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:478.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:478.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Includes $5.3 billion and $5.5 billion of structured insurance securitizations as of December 31, 2014 and 2013, respectively.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceInForceByBondTypeTableTextBlock>
  <mbi:SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2361">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Standard &amp;amp;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Letters of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Poor&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Moody&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Ceded Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit/ Trust&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurance&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Re Ltd.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Baa1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 3,634&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Negative Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Corp.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2,019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Negative Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Overseas Private&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA+&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Aaa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 289&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   Investment Corporation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A- or above&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A2 or above&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 145&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6,087&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock>
  <mbi:SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2362">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:144.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Direct&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;400&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;489&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;467&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;619&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;397&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;457&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;605&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="3" id="ID_2363" unitRef="pure">0.006</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="3" id="ID_2364" unitRef="pure">0.023</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="3" id="ID_2365" unitRef="pure">0.093</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="3" id="ID_2366" unitRef="pure">0.088</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="3" id="ID_2367" unitRef="pure">1</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="3" id="ID_2368" unitRef="pure">1</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="3" id="ID_2369" unitRef="pure">0.089</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="3" id="ID_2370" unitRef="pure">0.097</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="3" id="ID_2371" unitRef="pure">0.282</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="3" id="ID_2372" unitRef="pure">0.281</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="3" id="ID_2373" unitRef="pure">0.169</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="3" id="ID_2374" unitRef="pure">0.16</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="3" id="ID_2375" unitRef="pure">0.068</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="3" id="ID_2376" unitRef="pure">0.069</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="3" id="ID_2377" unitRef="pure">0.058</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="3" id="ID_2378" unitRef="pure">0.053</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="3" id="ID_2379" unitRef="pure">0.055</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="3" id="ID_2380" unitRef="pure">0.053</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="3" id="ID_2381" unitRef="pure">0.048</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="3" id="ID_2382" unitRef="pure">0.05</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="3" id="ID_2383" unitRef="pure">0.039</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="3" id="ID_2384" unitRef="pure">0.036</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_MI" decimals="3" id="ID_2385" unitRef="pure">0.028</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_MI" decimals="3" id="ID_2386" unitRef="pure">0.028</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_PA" decimals="3" id="ID_2387" unitRef="pure">0.023</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_WA" decimals="3" id="ID_2388" unitRef="pure">0.021</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="3" id="ID_2389" unitRef="pure">0.021</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="3" id="ID_2390" unitRef="pure">0.53</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="3" id="ID_2391" unitRef="pure">0.511</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="3" id="ID_2392" unitRef="pure">0.28</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="3" id="ID_2393" unitRef="pure">0.277</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="3" id="ID_2394" unitRef="pure">0.064</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="3" id="ID_2395" unitRef="pure">0.062</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="3" id="ID_2396" unitRef="pure">0.138</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="3" id="ID_2397" unitRef="pure">0.141</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="3" id="ID_2398" unitRef="pure">0.122</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="3" id="ID_2399" unitRef="pure">0.119</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="3" id="ID_2400" unitRef="pure">0.088</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="3" id="ID_2401" unitRef="pure">0.083</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="3" id="ID_2402" unitRef="pure">0.045</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="3" id="ID_2403" unitRef="pure">0.043</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="3" id="ID_2404" unitRef="pure">0.019</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="3" id="ID_2405" unitRef="pure">0.017</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="3" id="ID_2406" unitRef="pure">0.042</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="3" id="ID_2407" unitRef="pure">0.035</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="3" id="ID_2408" unitRef="pure">0.014</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="3" id="ID_2409" unitRef="pure">0.013</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="3" id="ID_2410" unitRef="pure">0.008</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="3" id="ID_2411" unitRef="pure">0.009</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="3" id="ID_2412" unitRef="pure">0.006</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="3" id="ID_2413" unitRef="pure">0.005</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="3" id="ID_2414" unitRef="pure">0.826</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="3" id="ID_2415" unitRef="pure">0.804</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="3" id="ID_2416" unitRef="pure">0.089</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="3" id="ID_2417" unitRef="pure">0.083</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="3" id="ID_2418" unitRef="pure">0</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="3" id="ID_2419" unitRef="pure">0</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="3" id="ID_2420" unitRef="pure">0.022</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="3" id="ID_2421" unitRef="pure">0.022</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="3" id="ID_2422" unitRef="pure">0.031</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="3" id="ID_2423" unitRef="pure">0.029</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="3" id="ID_2424" unitRef="pure">0.035</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="3" id="ID_2425" unitRef="pure">0.031</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_LocalGovernmentsMember" decimals="3" id="ID_2426" unitRef="pure">0.001</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_LocalGovernmentsMember" decimals="3" id="ID_2427" unitRef="pure">0.001</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="3" id="ID_2428" unitRef="pure">0.915</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="3" id="ID_2429" unitRef="pure">0.887</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2430" unitRef="USD">56000000</us-gaap:NetInvestmentIncome>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2431" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2432" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2433" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2434" unitRef="USD">60000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2435" unitRef="USD">-29000000</us-gaap:OtherIncome>
  <us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2436" unitRef="USD">372000000</us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts>
  <mbi:RefundingPremiumsEarned contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2437" unitRef="USD">233000000</mbi:RefundingPremiumsEarned>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2438" unitRef="USD">605000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2439" unitRef="USD">214000000</us-gaap:NetInvestmentIncome>
  <mbi:FeesAndReimbursements contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2440" unitRef="USD">61000000</mbi:FeesAndReimbursements>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2441" unitRef="USD">-406000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2442" unitRef="USD">1870000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2443" unitRef="USD">1464000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2444" unitRef="USD">55000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2445" unitRef="USD">58000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2446" unitRef="USD">47000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2447" unitRef="USD">105000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2448" unitRef="USD">0</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2449" unitRef="USD">7000000</us-gaap:OtherIncome>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2450" unitRef="USD">67000000</us-gaap:NetInvestmentIncome>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2451" unitRef="USD">18000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2452" unitRef="USD">49000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2453" unitRef="USD">0</us-gaap:OtherIncome>
  <us-gaap:Revenues contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2454" unitRef="USD">2435000000</us-gaap:Revenues>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2455" unitRef="USD">50000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2456" unitRef="USD">50000000</us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2457" unitRef="USD">381000000</us-gaap:OperatingExpenses>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2458" unitRef="USD">284000000</us-gaap:InterestExpense>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2459" unitRef="USD">17000000</us-gaap:OperatingExpenses>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2460" unitRef="USD">55000000</us-gaap:InterestExpense>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2461" unitRef="USD">837000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2462" unitRef="USD">1598000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2463" unitRef="USD">364000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2464" unitRef="USD">1234000000</us-gaap:NetIncomeLoss>
  <us-gaap:EarningsPerShareBasic contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="2" id="ID_2465" unitRef="USDPerShare">6.36</us-gaap:EarningsPerShareBasic>
  <us-gaap:EarningsPerShareDiluted contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="2" id="ID_2466" unitRef="USDPerShare">6.33</us-gaap:EarningsPerShareDiluted>
  <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="0" id="ID_2467" unitRef="shares">188834626</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
  <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="0" id="ID_2468" unitRef="shares">189897021</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember" decimals="-6" id="ID_2469" unitRef="USD">14000000</us-gaap:CededPremiumsEarned>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2470" unitRef="USD">72000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2471" unitRef="USD">104000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2472" unitRef="USD">-39000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2473" unitRef="USD">-14000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2474" unitRef="USD">-25000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2475" unitRef="USD">50000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2476" unitRef="USD">18000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2477" unitRef="USD">32000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2478" unitRef="USD">-69000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2479" unitRef="USD">-24000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2480" unitRef="USD">-45000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2481" unitRef="USD">-2000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2482" unitRef="USD">26000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2483" unitRef="USD">0</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2484" unitRef="USD">0</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2485" unitRef="USD">0</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2486" unitRef="USD">232000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2487" unitRef="USD">1466000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_2488" unitRef="shares">277405039</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_2489" unitRef="USD">277000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_2490" unitRef="USD">3076000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_2491" unitRef="USD">2039000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2492" unitRef="USD">56000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2493" unitRef="USD">-2275000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2494" unitRef="shares">-81733530</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2495" unitRef="USD">3173000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember" decimals="INF" id="ID_2496" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_2497" unitRef="USD">21000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_2498" unitRef="shares">2508877</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_2499" unitRef="USD">2000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_2500" unitRef="USD">4000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2501" unitRef="USD">1000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2502" unitRef="shares">19436</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2503" unitRef="USD">7000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:MinorityInterestDecreaseFromRedemptions contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_2504" unitRef="USD">2000000</us-gaap:MinorityInterestDecreaseFromRedemptions>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2505" unitRef="USD">1234000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2506" unitRef="USD">232000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <mbi:InsuranceInForceTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2507">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 13: Insurance in Force&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA guarantees the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mortgage&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-backed and other non-municipal securities. Additionally, MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Corp. has insured CDS primarily on pools of collateral, which it previously considered part of its core financial guarantee business. The pools of collateral are made up of corporate obligations, but also include commercial and RMBS-related assets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. MBIA&amp;#8217;s insurance in force represents the aggregate amount of the insured principal of, and interest or other amounts owing on, insured obligations. MBIA&amp;#8217;s ultimate exposure to credit loss in the event of nonperformance by the issuer of the ins&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ured obligation is represented by the insurance in force in the tables that follow.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The financial guarantees issued by MBIA provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, insured&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obligations when due. The obligations are generally not subject to acceleration, except that MBIA may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. Certain guaranteed investment contracts written by MBIA I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nc. and guaranteed by MBIA Corp. are terminable based upon the credit ratings downgrades of MBIA Corp. and if MBIA Inc. were to have insufficient assets to pay the termination payments, MBIA Corp.&amp;#8217;s insurance coverage would be drawn on to make such payment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s. These amounts have been excluded in the tables that follow.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The creditworthiness of each insured obligation is evaluated prior to the issuance of insurance, and each insured obligation must comply with National&amp;#8217;s or MBIA Corp.&amp;#8217;s underwriting guidelines.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Further, the payments to be made by the issuer on the bonds or notes may be backed by a pledge of revenues, reserve funds, letters of credit, investment contracts or collateral in the form of mortgages or other assets. The right to such funds or collatera&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l would typically become National&amp;#8217;s or MBIA Corp.&amp;#8217;s upon the payment of a claim by either National or MBIA Corp.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National and MBIA Corp. maintain underwriting guidelines based on those aspects of credit quality that it deems important for each category of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obligation considered for insurance.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, insurance in force, which represents principal and interest or other amounts owing on insured obligations, had an expected maturity range of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;43&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years. The distribution of MBIA Corp.&amp;#8217;s and National&amp;#8217;s combined insurance in force by geographic location, excluding $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion relating to transactions guaranteed by MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. on behalf of various investment management services affiliated companies as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively, is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Geographic Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;California&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New York&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Illinois&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Florida&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Texas&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New Jersey&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Michigan&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Puerto Rico&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Pennsylvania&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Washington&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Subtotal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;231.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;283.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;51.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Nationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other states&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;123.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;394.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;492.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Country specific&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;48.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;437.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;554.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The insurance in force by type of bond, excluding transactions guaranteed by MBIA Corp. on behalf of various investment management services affiliated companies, is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Bond type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;font style='font-family:Symbol;font-size:10pt;color:#000000;' &gt;&amp;#190;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;153.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation&lt;/font&gt;&lt;font style='font-family:Symbol;font-size:10pt;color:#000000;' &gt;&amp;#190;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;lease&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;78.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Higher education&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Health care&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Military housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investor-owned utilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;361.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;445.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;80.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;font style='font-family:Symbol;font-size:10pt;color:#000000;' &gt;&amp;#190;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;non-United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;International utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Sovereign-related and sub-sovereign&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Local governments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;400.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;491.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;62.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;437.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;554.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;___________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes investor owned utilities, industrial development and pollution control revenue bonds.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Includes certain non-profit enterprises, stadium related financing and student loans.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Includes municipal owned entities backed by sponsoring local government.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO structuring &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:478.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:478.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Includes $5.3 billion and $5.5 billion of structured insurance securitizations as of December 31, 2014 and 2013, respectively.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The insurance operations have entered into certain guarantees of derivative contracts, included in the preceding tables, which are accounted for as derivative instruments. MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; generally guarantees the timely payment of principal and interest related to these derivatives upon the occurrence of a credit event with respect to a re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ferenced obligation. The maximum amount of future payments that MBIA may be required to make under the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se guarantees is $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. MBIA&amp;#8217;s guarantees of derivative contracts have a legal maximum maturity range of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;68&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years. A small number of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured credit derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;contracts have long-dated maturities, which comprise the longest maturity dates of the underlying collateral. However, the expected maturities of such contracts are much shorter due to amortizations and prepayments in the underlying collateral pools. The f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;air values of these guarantees as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are recorded on the consolidated balance sheets as derivative liabilities, representing gross losses, of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;246&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investment agreement contracts and MTNs issued by the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment are insured by MBIA Corp. and are not included in the previous tables. If MBIA Inc. or these subsidiaries were to have insufficient as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sets to pay amounts due, MBIA Corp. would make such payments under its insurance policies. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the maximum amount of future payments that MBIA Corp. could be required to make under these guarantees is $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; bill&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion. These guarantees, which have a maximum maturity range of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;27&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years, were entered into on an arm&amp;#8217;s length basis. MBIA Corp. has both direct recourse provisions and subrogation rights in these t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ransactions. If MBIA Corp. is required to make a payment under any of these affiliate guarantees, it would have the right to seek reimbursement from such affiliate and to liquidate any collateral to recover amounts paid under the guarantee.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Reinsured Exposure&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Reinsurance enables the Company to cede exposure for purposes of syndicating risk and increasing its capacity to write new business while complying with its single risk and credit guidelines. When a reinsurer is downgraded by one or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;more of the rating agencies, less capital credit is given to MBIA under rating agency models and the overall value of the reinsurance to MBIA is reduced. The Company generally retains the right to reassume the business ceded to reinsurers under certain cir&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cumstances, including a reinsurer&amp;#8217;s rating downgrade below specified thresholds. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the use of reinsurance was immaterial to the insurance operations business and the Company expects that it will continue to be immaterial in the fu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ture.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA requires certain unauthorized reinsurers to maintain bank letters of credit or establish trust accounts to cover liabilities ceded to such reinsurers under reinsurance contracts. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the total amount available under these&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; letters of credit and trust arrangements was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;34&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. The Company remains liable on a primary basis for all reinsured risk, and although MBIA believes that its reinsurers remain capable of meeting their obligations, there can be no assuranc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e of such in the future.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The aggregate amount of insurance in force ceded by MBIA to reinsurers was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;12.7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aggregate amount of insured par outstanding ceded by MBIA to reinsurers under reinsurance agreements was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion compared with $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The following table presents information abou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t the Company&amp;#8217;s reinsurance agreements as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for its U.S. public finance and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance operations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Standard &amp;amp;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Letters of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Poor&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Moody&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Ceded Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit/ Trust&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurance&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Re Ltd.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Baa1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 3,634&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Negative Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Corp.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2,019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Negative Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Overseas Private&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA+&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Aaa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 289&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   Investment Corporation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A- or above&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A2 or above&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 145&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6,087&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Premium Summary&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The components of financial guarantee net premiums earned, including premiums assumed fro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m and ceded to other companies, are presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:144.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Direct&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;400&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;489&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;467&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;619&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;397&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;457&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;605&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year end&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; total salvage paid &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for financial guarantee policies under reinsurance contracts &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, recoveries received on claims for financial guarantee policies under reinsurance contracts totaled &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million, respectively. Ceding comm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issions from reinsurance, before deferrals and net of returned ceding commissions, were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million for the years &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</mbi:InsuranceInForceTextBlock>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_2508" unitRef="shares">274896162</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_2509" unitRef="USD">275000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_2510" unitRef="USD">3072000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_2511" unitRef="USD">805000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2512" unitRef="USD">-176000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2513" unitRef="USD">-2276000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2514" unitRef="shares">-81752966</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2515" unitRef="USD">1700000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_2516" unitRef="USD">23000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_PreferredStockMember" decimals="INF" id="ID_2517" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="-6" id="ID_2518" unitRef="USD">1723000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2519" unitRef="USD">3194000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2520" unitRef="USD">7000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:MinorityInterestDecreaseFromRedemptions contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2521" unitRef="USD">2000000</us-gaap:MinorityInterestDecreaseFromRedemptions>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_2522" unitRef="USD">1234000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2523" unitRef="USD">232000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_2524" unitRef="USD">250000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2525" unitRef="USD">250000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2526" unitRef="USD">-142000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2527" unitRef="USD">-142000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_2528" unitRef="shares">407391</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_2529" unitRef="USD">1000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_2530" unitRef="USD">39000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2531" unitRef="shares">-3292641</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2532" unitRef="USD">-36000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2533" unitRef="USD">4000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2534" unitRef="USD">4000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="3" id="ID_2535" unitRef="pure">0.099</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="3" id="ID_2536" unitRef="pure">0.111</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2537" unitRef="shares">536375</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="3" id="ID_2538" unitRef="pure">0.889</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2539" unitRef="USD">7000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2540" unitRef="USD">7000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="3" id="ID_2541" unitRef="pure">0.901</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2542" unitRef="USD">7000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="3" id="ID_2543" unitRef="pure">0.034</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="3" id="ID_2544" unitRef="pure">0.023</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="3" id="ID_2545" unitRef="pure">0.003</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="3" id="ID_2546" unitRef="pure">0.057</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="3" id="ID_2547" unitRef="pure">0.022</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="3" id="ID_2548" unitRef="pure">0.003</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="3" id="ID_2549" unitRef="pure">0.085</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2550" unitRef="USD">4000000</us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="3" id="ID_2551" unitRef="pure">0.113</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2552" unitRef="USD">7000000</us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OverseasPrivateInvestmentCorporationMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysAaaRatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAAPlusRatingMember" decimals="-6" id="ID_2553" unitRef="USD">289000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:ReinsuranceRecoverables contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2554" unitRef="USD">7000000</us-gaap:ReinsuranceRecoverables>
  <us-gaap:DirectPremiumsEarned contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2555" unitRef="USD">407000000</us-gaap:DirectPremiumsEarned>
  <us-gaap:DirectPremiumsEarned contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2556" unitRef="USD">400000000</us-gaap:DirectPremiumsEarned>
  <us-gaap:DirectPremiumsEarned contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2557" unitRef="USD">489000000</us-gaap:DirectPremiumsEarned>
  <us-gaap:AssumedPremiumsEarned contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2558" unitRef="USD">2000000</us-gaap:AssumedPremiumsEarned>
  <us-gaap:AssumedPremiumsEarned contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2559" unitRef="USD">67000000</us-gaap:AssumedPremiumsEarned>
  <us-gaap:AssumedPremiumsEarned contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2560" unitRef="USD">130000000</us-gaap:AssumedPremiumsEarned>
  <mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2561" unitRef="USD">409000000</mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts>
  <mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2562" unitRef="USD">467000000</mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts>
  <mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2563" unitRef="USD">619000000</mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2564" unitRef="USD">12000000</us-gaap:CededPremiumsEarned>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2565" unitRef="USD">10000000</us-gaap:CededPremiumsEarned>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2566" unitRef="USD">14000000</us-gaap:CededPremiumsEarned>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2567" unitRef="USD">397000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2568" unitRef="USD">457000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2569" unitRef="USD">605000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2570" unitRef="USD">0</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2571" unitRef="USD">357000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:PropertyPlantAndEquipmentUsefulLife contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_PropertyPlantAndEquipmentByTypeAxis_us-gaap_LeaseholdImprovementsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember" id="ID_2572">P15Y0M0D</us-gaap:PropertyPlantAndEquipmentUsefulLife>
  <us-gaap:PropertyPlantAndEquipmentUsefulLife contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_PropertyPlantAndEquipmentByTypeAxis_us-gaap_FurnitureAndFixturesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember" id="ID_2573">P6Y0M0D</us-gaap:PropertyPlantAndEquipmentUsefulLife>
  <us-gaap:PropertyPlantAndEquipmentUsefulLife contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_PropertyPlantAndEquipmentByTypeAxis_us-gaap_ComputerEquipmentMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember" id="ID_2574">P4Y0M0D</us-gaap:PropertyPlantAndEquipmentUsefulLife>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="-6" id="ID_2575" unitRef="USD">633000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2576" unitRef="USD">1258000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2577" unitRef="USD">990000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <dei:EntityWellKnownSeasonedIssuer contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2578">Yes</dei:EntityWellKnownSeasonedIssuer>
  <dei:EntityPublicFloat contextRef="AS_OF_Jun30_2014_Entity_0000814585" decimals="0" id="ID_2579" unitRef="USD">1563112068</dei:EntityPublicFloat>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2580" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2581" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2582" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2583" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2584" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2585" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2586" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2587" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2588" unitRef="USD">845000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2589" unitRef="USD">2000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2590" unitRef="USD">1220000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2591" unitRef="USD">145000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2592" unitRef="USD">2065000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2593" unitRef="USD">147000000</mbi:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2594" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment>
  <mbi:AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2595" unitRef="USD">0</mbi:AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2596" unitRef="USD">41000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2597" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2598" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2599" unitRef="USD">111000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2600" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2601" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2602" unitRef="USD">8000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2603" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows>
  <us-gaap:DebtDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2604">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 10: Debt&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Long-Term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s long-term debt consists of notes and debentures &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;including accrued interest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:102.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.400% Senior Notes due 2022&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.000% Debentures due 2025&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.150% Debentures due 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.625% Debentures due 2028&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.700% Senior Notes due 2034&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;592&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;592&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14% Surplus Notes due 2033&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;170&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,810&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,702&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Callable on or after August 15, 2006 at 100.00.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Callable anytime at the greater of 100.00 or the present value of the remaining scheduled&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;          payments of principal and interest.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In addition to t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he preceding table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National owned $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;136&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million principal amount of the 5.70&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% Senior Notes due 2034 that are eliminated on a consolidated basis.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s long-term debt presented in the preceding table is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; subject to certain restrictive covenants, none of which significantly restrict the Company&amp;#8217;s operating activities or dividend-paying ability. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company was in compliance with all debt covenants as there was no occ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urrence of any event of default with respect to the above securities. Key events of default include&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i)&amp;#160;default in the payment of any interest or principal when it becomes due and payable, (ii)&amp;#160;default in the performance, or breach, of any covenant or war&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ranty of MBIA, (iii)&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the case of certain long-term debt, MBIA Inc.&amp;#8217;s failure to make a payment on certain indebtedness in an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amount in excess of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, (iv)&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the case of certain series of long-term debt, the Company&amp;#8217;s default with respect to cer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tain indebtedness that results in the acceleration of certain indebtedness in an amount in excess of $10 million, (v) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entry by a court having jurisdiction in the premises of a decree or order for relief in respect of MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or in the case of certain long-te&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm debt, National,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in an involuntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law, and (v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&amp;#160;commencement by MBIA of a voluntary case or proceeding under any applicable federal or state&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; bankruptcy, insolvency, reorganization or other similar law.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On January&amp;#160;16, 2008, MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issued $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.0 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% fixed-to-floating rate surplus notes due January&amp;#160;15, 2033. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of December 31, 2014, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; has &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;repurchased a total of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;47&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ar value outstanding of its surplus notes at a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; weighted average price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;77.08&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and in addition, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc., through &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its corporate segment,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owned $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;surplus notes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The surplus notes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;had an initial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest rate of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% until January&amp;#160;15&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, 2013 and thereafter have an interest rate of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three-month LIBOR&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;plus &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11.26&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Interest and principal payments on the surplus notes are subject to prior approval by the Superintendent of the NYSDFS. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;From the January 15, 2013 interest payment to the present,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s requests for approval of the note interest payments have been denied by the NYSDFS.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:12pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;provided notice to the Fiscal Agent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it has not made a scheduled interest payment. The deferred interest payment will become due on the first b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;usiness day on or after which MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obtains approval to make such payment. No interest will accrue on the deferred interest. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The surplus notes were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;callable at par at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the option of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the fifth anniversary of the date of issuance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;allable at par on January 15, 2018 and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;every fifth anniversary thereafter&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and are callable on any other date at par plus a make-whole amount, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;subject to prior approval by the Superintendent and other restrictions. The cash received from the issuance of sur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;plus notes was used for general business purposes and the deferred debt issuance costs are being amortized over the term of the surplus notes. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The aggregate maturities of principal payments of long-term debt obligations in each of the next five years endi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng December 31, and thereafter, are as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;584&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;584&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;14% Surplus Notes due 2033&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total debt obligations due&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;584&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:135.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='22' rowspan='1' style='width:540pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investment Agreement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Obligations under investment agreement contracts are recorded as liabilities on the Company&amp;#8217;s consolidated balance sheets based upon proceeds received plus unpaid accrued interest at the balance sheet date. Upon the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;occurrence of certain contractually agreed-upon events, some of these funds may be withdrawn by the investor prior to their contractual maturity dates. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;All of the investment agreements have been collateralized in accordance with the contractual terms. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Addi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tionally, certain investment agreements provide for early termination&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, including, in some cases, with make-whole payments, upo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n certain other events including the bankruptcy of MBIA Inc. or the commencement of an insolvency proceeding with respect to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investment agreements have been issued with either fixed or floating interest rates in U.S. dollars. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the annual interest rates on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these agreements ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.48&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7.38&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the annual interest rates on these agreements ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0.21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7.38&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. Expected principal payments due under these investment agreements in each of the next five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years ending December&amp;#160;31 and thereafter, based upon contractual maturity dates, are as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;455&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;615&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;547&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts of $75 million on investment agreements, net of accrued interest of $7 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Medium-Term Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MTN&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are recorded as liabilities on the Company&amp;#8217;s balance sheets based upon proceeds received, net of unamortized discounts and premiums, plus unpaid accrued interest at the balance sheet date. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are measured at fair value in accordance with the accounting guidance for hybrid financial instruments. MTNs are issued by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Global Funding, LLC (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GFL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with either fixed or floating int&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erest rates and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in U.S. dollars and foreign currencies. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company retired the remaining $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;129&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of outstanding MTNs issued by the Company&amp;#8217;s conduit segment at a cost of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;97&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of par &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;value and completed the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liquidation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;this business. The Company also repurchased approximately $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;122&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million par value outstanding of GFL MTNs issued by the Company&amp;#8217;s corporate segment at a weighted average cost of approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;98&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of par value. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the interest ra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tes of the MTNs ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.08&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.44&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the interest rates of the MTNs ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;8.93&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.67&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xpected principal payments due under MTN obligations based on their contractual maturity dates are as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,546&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;345&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for notes issued at a discount or premium.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts of $306 million, fair value adjustments of $45 million, net of accrued interest of $6 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company may buy back and extinguish debt originally issued by either MBIA Inc. or its sub&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sidiaries. Purchase prices are generally negotiated through dealers, similar to buying or selling an asset in the open market. The Company repurchases its debt in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; an effort to improve its own economic position while also providing liquidity to investors of MBIA debt. In all cases, debt buybacks were executed in response to investor or dealer inquiries.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Variable Interest Entit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;y Notes &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIE notes are variable interest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; rate debt instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that were issued primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in U.S. dollars by consolidated VIEs within the Company&amp;#8217;s international &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; segment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;These &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes consist of debt instruments issued by issuer-sponsored consolidated VIEs collaterali&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;zed by assets held by those consolidated VIEs.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; In addition,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of December 31, 2014, the Company&amp;#8217;s advisory services segment had $431 million of VIE notes that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are presented separately in &amp;#8220;Liabilities held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eets. Effective January 1, 2015, the Company completed the sale of its Cutwater business&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and deconsolidated these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Refer to &amp;#8220;Note 1: Business Developments and Risks and Uncertainties&amp;#8221; for additional information about the sale of Cutwater. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The maturit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s international and structured finance insurance segment&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;471&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;336&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;346&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;321&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;299&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,804&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DebtDisclosureTextBlock>
  <us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2605">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;584&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;584&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;14% Surplus Notes due 2033&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total debt obligations due&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;584&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:135.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='22' rowspan='1' style='width:540pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock>
  <us-gaap:ScheduleOfDebtInstrumentsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2606">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:102.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.400% Senior Notes due 2022&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.000% Debentures due 2025&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.150% Debentures due 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.625% Debentures due 2028&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.700% Senior Notes due 2034&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;592&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;592&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14% Surplus Notes due 2033&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;170&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,810&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,702&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Callable on or after August 15, 2006 at 100.00.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Callable anytime at the greater of 100.00 or the present value of the remaining scheduled&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;          payments of principal and interest.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDebtInstrumentsTextBlock>
  <mbi:ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2607">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;455&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;615&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;547&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' &gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts of $75 million on investment agreements, net of accrued interest of $7 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock>
  <mbi:ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2608">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;471&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;336&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;346&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;321&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;299&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,804&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock>
  <mbi:ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2609">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,546&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;345&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:93pt;' &gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for notes issued at a discount or premium.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts of $306 million, fair value adjustments of $45 million, net of accrued interest of $6 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="-6" id="ID_2610" unitRef="USD">341000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <dei:EntityVoluntaryFilers contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2611">No</dei:EntityVoluntaryFilers>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2612" unitRef="USD">592000000</us-gaap:DebtInstrumentCarryingAmount>
  <mbi:InsuranceInForceExpectedMaturityRangeYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_2613">P1Y0M0D</mbi:InsuranceInForceExpectedMaturityRangeYears>
  <mbi:InsuranceInForceExpectedMaturityRangeYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_2614">P43Y0M0D</mbi:InsuranceInForceExpectedMaturityRangeYears>
  <mbi:TransactionsGuaranteedOnBehalfOfVariousAffiliates contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_2615" unitRef="USD">2600000000</mbi:TransactionsGuaranteedOnBehalfOfVariousAffiliates>
  <mbi:TransactionsGuaranteedOnBehalfOfVariousAffiliates contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_2616" unitRef="USD">3500000000</mbi:TransactionsGuaranteedOnBehalfOfVariousAffiliates>
  <us-gaap:GuaranteeObligationsMaximumExposure contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GuaranteesOfDerivativeContractsMember" decimals="-8" id="ID_2617" unitRef="USD">10100000000</us-gaap:GuaranteeObligationsMaximumExposure>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" decimals="-6" id="ID_2618" unitRef="USD">56000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" decimals="-6" id="ID_2619" unitRef="USD">56000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" decimals="-6" id="ID_2620" unitRef="USD">100000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" decimals="-6" id="ID_2621" unitRef="USD">100000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" decimals="-6" id="ID_2622" unitRef="USD">141000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" decimals="-6" id="ID_2623" unitRef="USD">141000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DerivativeLowerRemainingMaturityRange1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2624">P1Y0M0D</us-gaap:DerivativeLowerRemainingMaturityRange1>
  <us-gaap:DerivativeHigherRemainingMaturityRange1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2625">P68Y0M0D</us-gaap:DerivativeHigherRemainingMaturityRange1>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_2626" unitRef="USD">1200000000</us-gaap:DerivativeLiabilities>
  <mbi:FutureGuaranteePaymentsMaturityRange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementContractsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_2627">P1Y0M0D</mbi:FutureGuaranteePaymentsMaturityRange>
  <mbi:FutureGuaranteePaymentsMaturityRange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementContractsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_2628">P27Y0M0D</mbi:FutureGuaranteePaymentsMaturityRange>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_2629" unitRef="USD">7100000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_2630" unitRef="USD">11100000000</mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers>
  <mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_2631" unitRef="USD">12700000000</mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers>
  <us-gaap:InsuranceRecoveries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2632" unitRef="USD">-5000000</us-gaap:InsuranceRecoveries>
  <us-gaap:InsuranceRecoveries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2633" unitRef="USD">4000000</us-gaap:InsuranceRecoveries>
  <us-gaap:InsuranceRecoveries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2634" unitRef="USD">4000000</us-gaap:InsuranceRecoveries>
  <us-gaap:FeesAndCommissionsOther contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2635" unitRef="USD">2000000</us-gaap:FeesAndCommissionsOther>
  <us-gaap:FeesAndCommissionsOther contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2636" unitRef="USD">2000000</us-gaap:FeesAndCommissionsOther>
  <us-gaap:FeesAndCommissionsOther contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2637" unitRef="USD">3000000</us-gaap:FeesAndCommissionsOther>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" decimals="-6" id="ID_2638" unitRef="USD">8000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" decimals="-6" id="ID_2639" unitRef="USD">8000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" decimals="-6" id="ID_2640" unitRef="USD">266000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" decimals="-6" id="ID_2641" unitRef="USD">266000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" decimals="-6" id="ID_2642" unitRef="USD">21000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" decimals="-6" id="ID_2643" unitRef="USD">21000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:SurplusNotes contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2644" unitRef="USD">940000000</us-gaap:SurplusNotes>
  <us-gaap:SurplusNotes contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2645" unitRef="USD">940000000</us-gaap:SurplusNotes>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2646" unitRef="USD">278000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2647" unitRef="USD">170000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2648" unitRef="USD">1810000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2649" unitRef="USD">1702000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" decimals="5" id="ID_2650" unitRef="pure">0.07</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <mbi:InsuranceRegulationsAndDividendsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2651">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 14: Insurance Regulations and Dividends&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National are subject to insurance regulations and supervision of the State of New York (their state of incorporation) and all U.S. and non-U.S. jurisdictions in which they are licensed to conduct insurance business. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In order to maintain their New York&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; State financial guarantee insurance license, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Insurance Corporation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National are required to maintain a minimum of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;65&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of policyholders&amp;#8217; surplus. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; UK &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is authorized by the Prudential Regulation Authority and regulated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The extent of insurance regulation and supervision varies by jurisdiction, but New York and most other jurisdictions have laws and regulations prescribing min&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;imum standards of solvency and business conduct, which must be maintained by insurance companies. Among other things, these laws prescribe permitted classes and concentrations of investments and limit both the aggregate and individual securities risks that&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National may insure on a net basis based on the type of obligations insured. In addition, some insurance laws and regulations require the approval or filing of policy forms and rates. MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are required to file detailed annual financial statements with the NYSDFS and similar supervisory agencies in other jurisdictions in which it is licensed. The operations and accounts of MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National are subject to examination by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;regulatory agencies at regular intervals.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;NYIL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; regulates the payment of dividends by financial guarantee insurance companies and provides that such companies may not declare or distribute dividends except out of statutory ear&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ned surplus. Under the NYIL, the sum of (i)&amp;#160;the amount of dividends declared or distributed during the preceding 12-month period and (ii)&amp;#160;the dividend to be declared may not exceed the lesser of (a)&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of policyholders&amp;#8217; surplus, as r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eported in the latest statutory financial statements and (b)&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;100&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of adjusted net investment income for such 12-month period (the net investment income for such 12-month period plus the excess, if any, of net investment income over dividends &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;declared or distributed during the two-year period preceding such 12-month period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ions.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; did not declare or pay any dividends to MBIA Inc. or the holders of its preferred stock. MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is currently unable to pay dividends, including those related to its preferred stock, as a resu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lt of its earned surplus deficit as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and is not expected to have any statutory capacity to pay any dividends in the near term. In connection with MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obtaining approval from the NYSDFS to release excessive cont&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ingency reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in prior periods&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, as described below, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; agreed that it would not pay any dividends without prior approval from the NYSDFS.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s a condition to the NYSDFS&amp;#8217; approval of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;simultaneous repurchase and reverse repurchase agreement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s (&amp;#8220;Asset Swap&amp;#8221;) b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;etween MBIA Inc. and National, the NYSDFS requested that, until the notional amount of the Asset Swap has been reduced to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% or less of National&amp;#8217;s admitted assets, each of MBIA Inc., MBIA Insurance Corporation and Nati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;onal provide the NYSDFS with three months prior notice, or such shorter period as the NYSDFS may permit, of its intent to initiate cash dividends on shares of its common stock. National declared and paid a dividend of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;220&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to its ulti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mate parent, MBIA Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the fourth quarter of 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; following notice to the NYSDFS.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As a result of the establishment of National, National and MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; exceeded as of the closing date certain single and aggregate risk limits under the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NYIL.&amp;#160;These insurers obtained waivers from the NYSDFS of such limits.&amp;#160;In connection with the waivers, they submitted a plan to the NYSDFS to achieve compliance with the applicable regulatory limits.&amp;#160;Under the plans, they agreed not to write new financial g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uarantee insurance for certain issuers, and in MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s case, in certain categories of business, until they were in compliance with their single risk limits and agreed to take commercially reasonable steps, including considering reinsur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ance, the addition of capital and other risk mitigation strategies, in order to comply with the regulatory single and aggregate risk limits. As a condition to granting the waiver, the NYSDFS required that, in addition to complying with these plans, upon wr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;itten notice from the NYSDFS, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National, as applicable, would cease writing new financial guarantee insurance if it were not in compliance with the risk limitation requirements by December&amp;#160;31, 2009. National &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;came into &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;complian&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce with its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aggregate risk limits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in 2011 and has a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;de minimis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; number of single risk limits overages remaining&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Insurance Corporation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was in compliance with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its aggregate risk limits under the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NYIL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; If MBIA Insurance Corporation is not in compliance with its aggregate risk limit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s, the NYSDFS may &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;prevent MBIA Insurance Corporation from transacting any new financial guarantee insurance business until it no longer exceeds the limitations. During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Insurance Corporation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;exceeded&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; its aggregate risk limits. In &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; reported additional overages to the NYSDFS with respect to its single risk limits due to changes in its statutory capital.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under the NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; provide protection to policyholders in the event of extreme losses in adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsuranc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e, refunding, refinancings and certain insured securities). Under the NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of its loss reserves and unearned premium reserves, in certain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; qualifying assets. Reductions in the contingency reserve may be recognized based on excess reserves and under certain stipulated conditions, subject to the approval of the Superintendent of the NYSDFS.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Prior to September 30, 2012, MBIA Corp. released to s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urplus an aggregate of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion of contingency reserves pursuant to approvals granted by the NYSDFS in accordance with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the NYIL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; during 2011 and 2012.  Absent these releases MBIA Corp. would have had deficits of qualifying assets to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; meet its contingency reserve requirements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;While MBIA Insurance Corporation currently satisfies its contingency reserve requirement, it had a deficit of qualifying assets required to support its contingency reserves as of September 30, 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The deficit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was caused by the sale of liquid assets in order to make claim payments and the failure of certain RMBS sellers/servicers to honor their contractual obligations to repurchase ineligible mortgage loans from securitizations the Company insured. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The deficit m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ay occur again in the future as MBIA Insurance Corporation depletes qualifying assets to make claims and commutation payments. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Insurance Corporation&amp;#8217;s policyholders&amp;#8217; surplus was negatively impacted by $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;106&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;because under &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NYIL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; it was not permitted to trea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t as an admitted asset the portion of its investment in subsidiaries in excess of the greater of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of policyholders&amp;#8217; surplus or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net admitted assets &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;less the par value of common&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;preferred stock&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iabilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. This overage was caused by a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;crease &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Insurance Corporation&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;policyholders&amp;#8217; surplus due to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured losses in the past&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance Corporation&amp;#8217;s policyholders&amp;#8217; surplus may be further negatively impacted if future additional insured losses are incurred and the percentage of its assets invested in subsidiaries continues to increase.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;R&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;esults of operations for MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; determined in accordance with statutory accounting practices for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; were net losses of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;35&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;494&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s statut&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ory capital was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;859&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion, consisting of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; policyholders&amp;#8217; surplus of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;542&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and contingency reserve of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;317&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; had statutory capital of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;825&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ad statutory net income of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;238&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;256&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, Nation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&amp;#8217;s statutory capital was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion, consisting of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; policyholders&amp;#8217; surplus of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd contingency reserves of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;had statutory capital of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</mbi:InsuranceRegulationsAndDividendsTextBlock>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2652" unitRef="USD">34000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2653" unitRef="USD">-13000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" decimals="5" id="ID_2654" unitRef="pure">0.0715</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" decimals="5" id="ID_2655" unitRef="pure">0.06625</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2656" unitRef="USD">-96000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2657" unitRef="USD">10000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2658" unitRef="USD">43000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2659" unitRef="USD">13000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="5" id="ID_2660" unitRef="pure">0.14</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" decimals="5" id="ID_2661" unitRef="pure">0.064</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" decimals="5" id="ID_2662" unitRef="pure">0.057</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2663" unitRef="USD">56000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="-6" id="ID_2664" unitRef="USD">-176000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2665" unitRef="USD">-163000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2666" unitRef="USD">-13000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2667" unitRef="USD">117000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2668" unitRef="USD">-27000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2669" unitRef="USD">90000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" id="ID_2670">2025</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" id="ID_2671">2027</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" id="ID_2672">2028</mbi:DebtInstrumentMaturityYear>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2673" unitRef="USD">-13000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2674" unitRef="USD">-4000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2675" unitRef="USD">130000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2676" unitRef="USD">-23000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" id="ID_2677">2033</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" id="ID_2678">2022</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" id="ID_2679">2034</mbi:DebtInstrumentMaturityYear>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2680" unitRef="USD">-17000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:DebtInstrumentCallDateEarliest contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" id="ID_2681">2006-08-15</us-gaap:DebtInstrumentCallDateEarliest>
  <mbi:PercentageOfPolicyholdersSurplus contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="5" id="ID_2682" unitRef="pure">0.1</mbi:PercentageOfPolicyholdersSurplus>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2683" unitRef="USD">-128000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2684" unitRef="USD">2000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2685" unitRef="USD">11000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2686" unitRef="USD">5000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2687" unitRef="USD">-139000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2688" unitRef="USD">-3000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2689" unitRef="USD">-126000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2690" unitRef="USD">16000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <mbi:PercentageOfAdjustedNetInvestmentIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="5" id="ID_2691" unitRef="pure">1</mbi:PercentageOfAdjustedNetInvestmentIncome>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2692" unitRef="USD">136000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2693" unitRef="USD">26000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2694" unitRef="USD">-70000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2695" unitRef="USD">0</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2696" unitRef="USD">206000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2697" unitRef="USD">26000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2698" unitRef="USD">162000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2699" unitRef="USD">-70000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2700" unitRef="USD">592000000</us-gaap:DebtInstrumentCarryingAmount>
  <mbi:MaximumPercentageOfNotionalAssetSwap contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="5" id="ID_2701" unitRef="pure">0.05</mbi:MaximumPercentageOfNotionalAssetSwap>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2702" unitRef="USD">220000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <mbi:StatutoryAccountingPracticesStatutoryNetLossAmount contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2703" unitRef="USD">35000000</mbi:StatutoryAccountingPracticesStatutoryNetLossAmount>
  <mbi:StatutoryAccountingPracticesStatutoryNetLossAmount contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2704" unitRef="USD">494000000</mbi:StatutoryAccountingPracticesStatutoryNetLossAmount>
  <mbi:StatutoryAccountingPracticesCapital contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2705" unitRef="USD">859000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesSurplus contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2706" unitRef="USD">542000000</mbi:StatutoryAccountingPracticesSurplus>
  <mbi:StatutoryAccountingPracticesContingencyReserves contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2707" unitRef="USD">317000000</mbi:StatutoryAccountingPracticesContingencyReserves>
  <mbi:InvestmentsInCertainQualifingAssets contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_MinimumSurplusAndContingencyReservesMember" decimals="5" id="ID_2708" unitRef="pure">1</mbi:InvestmentsInCertainQualifingAssets>
  <mbi:InvestmentsInCertainQualifingAssets contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_LossReservesAndUnearnedPremiumReservesMember" decimals="5" id="ID_2709" unitRef="pure">0.5</mbi:InvestmentsInCertainQualifingAssets>
  <mbi:StatutorySurplusNegativeImpact contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="-6" id="ID_2710" unitRef="USD">106000000</mbi:StatutorySurplusNegativeImpact>
  <mbi:MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="5" id="ID_2711" unitRef="pure">0.5</mbi:MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries>
  <mbi:MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_SurplusMember" decimals="5" id="ID_2712" unitRef="pure">0.6</mbi:MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries>
  <us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2713" unitRef="USD">238000000</us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount>
  <us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2714" unitRef="USD">256000000</us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount>
  <mbi:StatutoryAccountingPracticesCapital contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2715" unitRef="USD">3300000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesCapital contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2716" unitRef="USD">3300000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesSurplus contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2717" unitRef="USD">2200000000</mbi:StatutoryAccountingPracticesSurplus>
  <mbi:StatutoryAccountingPracticesContingencyReserves contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2718" unitRef="USD">1100000000</mbi:StatutoryAccountingPracticesContingencyReserves>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2719" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2720" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2721" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2722" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2723" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2724" unitRef="USD">584000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2725" unitRef="USD">584000000</us-gaap:LongTermDebt>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2726" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2727" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2728" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2729" unitRef="USD">940000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2730" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2731" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2732" unitRef="USD">940000000</us-gaap:LongTermDebt>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2733" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2734" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2735" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2736" unitRef="USD">940000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2737" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2738" unitRef="USD">584000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_DebtMember" decimals="-6" id="ID_2739" unitRef="USD">1524000000</us-gaap:LongTermDebt>
  <mbi:RequestedContingencyReserveReleaseToSurplus contextRef="AS_OF_Sep30_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-8" id="ID_2740" unitRef="USD">1100000000</mbi:RequestedContingencyReserveReleaseToSurplus>
  <us-gaap:SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2741">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE IV&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. AND SUBSIDIARIES&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;REINSURANCE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31, 2014, 2013 and 2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:center;border-color:Black;min-width:78pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column B&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column C&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column D&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column E&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column F&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;From&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;of Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Direct&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Ceded to&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Companies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;to Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(18)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;12%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock>
  <us-gaap:DirectPremiumsWritten contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2742" unitRef="USD">-18000000</us-gaap:DirectPremiumsWritten>
  <us-gaap:DirectPremiumsWritten contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2743" unitRef="USD">-40000000</us-gaap:DirectPremiumsWritten>
  <us-gaap:DirectPremiumsWritten contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2744" unitRef="USD">17000000</us-gaap:DirectPremiumsWritten>
  <us-gaap:CededPremiumsWritten contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2745" unitRef="USD">2000000</us-gaap:CededPremiumsWritten>
  <us-gaap:CededPremiumsWritten contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2746" unitRef="USD">2000000</us-gaap:CededPremiumsWritten>
  <us-gaap:CededPremiumsWritten contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2747" unitRef="USD">2000000</us-gaap:CededPremiumsWritten>
  <us-gaap:AssumedPremiumsWritten contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2748" unitRef="USD">0</us-gaap:AssumedPremiumsWritten>
  <us-gaap:AssumedPremiumsWritten contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2749" unitRef="USD">1000000</us-gaap:AssumedPremiumsWritten>
  <us-gaap:AssumedPremiumsWritten contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2750" unitRef="USD">2000000</us-gaap:AssumedPremiumsWritten>
  <us-gaap:PremiumsWrittenNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2751" unitRef="USD">-20000000</us-gaap:PremiumsWrittenNet>
  <us-gaap:PremiumsWrittenNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_2752" unitRef="USD">-41000000</us-gaap:PremiumsWrittenNet>
  <us-gaap:PremiumsWrittenNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_2753" unitRef="USD">17000000</us-gaap:PremiumsWrittenNet>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2754" unitRef="USD">39000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2755" unitRef="USD">40000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2756" unitRef="USD">56000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2757" unitRef="USD">17000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2758" unitRef="USD">8000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2759" unitRef="USD">455000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2760" unitRef="USD">615000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2761" unitRef="USD">547000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:DebtInstrumentUnamortizedDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2762" unitRef="USD">75000000</us-gaap:DebtInstrumentUnamortizedDiscount>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_2763" unitRef="USD">7000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2764" unitRef="USD">102000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2765" unitRef="USD">119000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2766" unitRef="USD">53000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2767" unitRef="USD">59000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2768" unitRef="USD">61000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2769" unitRef="USD">1152000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2770" unitRef="USD">1546000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2771" unitRef="USD">1201000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:DebtInstrumentUnamortizedDiscount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2772" unitRef="USD">306000000</us-gaap:DebtInstrumentUnamortizedDiscount>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2773" unitRef="USD">6000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2774" unitRef="USD">471000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2775" unitRef="USD">336000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2776" unitRef="USD">346000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2777" unitRef="USD">321000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2778" unitRef="USD">299000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_2779" unitRef="USD">3031000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2780" unitRef="USD">446000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2781" unitRef="USD">482000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2782" unitRef="USD">482000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2783" unitRef="USD">1613000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2784" unitRef="USD">1699000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2785" unitRef="USD">1699000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2786" unitRef="USD">223000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2787" unitRef="USD">230000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2788" unitRef="USD">230000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2789" unitRef="USD">1434000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2790" unitRef="USD">1386000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2791" unitRef="USD">1386000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2792" unitRef="USD">1111000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2793" unitRef="USD">1122000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2794" unitRef="USD">1122000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2795" unitRef="USD">50000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2796" unitRef="USD">49000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2797" unitRef="USD">49000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2798" unitRef="USD">17000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2799" unitRef="USD">17000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2800" unitRef="USD">17000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2801" unitRef="USD">84000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2802" unitRef="USD">66000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2803" unitRef="USD">66000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2804" unitRef="USD">184000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2805" unitRef="USD">174000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2806" unitRef="USD">174000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2807" unitRef="USD">5162000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2808" unitRef="USD">5225000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_2809" unitRef="USD">5225000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember" decimals="-6" id="ID_2810" unitRef="USD">1335000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember" decimals="-6" id="ID_2811" unitRef="USD">1333000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember" decimals="-6" id="ID_2812" unitRef="USD">1333000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember" decimals="-6" id="ID_2813" unitRef="USD">12000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember" decimals="-6" id="ID_2814" unitRef="USD">13000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember" decimals="-6" id="ID_2815" unitRef="USD">13000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember" decimals="-6" id="ID_2816" unitRef="USD">6509000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember" decimals="-6" id="ID_2817" unitRef="USD">6571000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember" decimals="-6" id="ID_2818" unitRef="USD">6571000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_2819" unitRef="USD">256000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_2820" unitRef="USD">255000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_2821" unitRef="USD">255000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember" decimals="-6" id="ID_2822" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember" decimals="-6" id="ID_2823" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember" decimals="-6" id="ID_2824" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2825" unitRef="USD">6769000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2826" unitRef="USD">6830000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2827" unitRef="USD">6830000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2828" unitRef="USD">0</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2829" unitRef="USD">0</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2830" unitRef="USD">0</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2831" unitRef="USD">298000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2832" unitRef="USD">421000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2833" unitRef="USD">421000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2834" unitRef="USD">2757000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2835" unitRef="USD">2632000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2836" unitRef="USD">2757000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2837" unitRef="USD">3055000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2838" unitRef="USD">3053000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_2839" unitRef="USD">3178000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_InvestmentsCarriedAtFairValueMember" decimals="-6" id="ID_2840" unitRef="USD">10000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_VariableInterestEntityNotesMember" decimals="-6" id="ID_2841" unitRef="USD">107000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2842" unitRef="USD">-107000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_OtherLoansMember" decimals="-6" id="ID_2843" unitRef="USD">-56000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember" decimals="-6" id="ID_2844" unitRef="USD">9000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NumberOfVariableInterestEntitiesConsolidated contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_2845" unitRef="pure">0</mbi:NumberOfVariableInterestEntitiesConsolidated>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2846" unitRef="USD">1869000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2847" unitRef="USD">-407000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2848" unitRef="USD">13000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2849" unitRef="USD">68000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2850" unitRef="USD">1031000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2851" unitRef="USD">927000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2852" unitRef="USD">-6000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2853" unitRef="USD">650000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2854" unitRef="USD">-376000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2855" unitRef="USD">-271000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2856" unitRef="USD">751000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2857" unitRef="USD">728000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2858" unitRef="USD">33000000</us-gaap:TradingSecurities>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2859" unitRef="USD">32000000</us-gaap:TradingSecurities>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2860" unitRef="USD">408000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2861" unitRef="USD">375000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2862" unitRef="USD">327000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2863" unitRef="USD">171000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2864" unitRef="USD">4000000</us-gaap:OtherInvestments>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2865" unitRef="USD">3000000</us-gaap:OtherInvestments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2866" unitRef="USD">1523000000</us-gaap:Investments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2867" unitRef="USD">1309000000</us-gaap:Investments>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2868" unitRef="USD">100000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2869" unitRef="USD">140000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <mbi:InvestmentInWhollyOwnedSubsidiaries contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2870" unitRef="USD">3953000000</mbi:InvestmentInWhollyOwnedSubsidiaries>
  <mbi:InvestmentInWhollyOwnedSubsidiaries contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2871" unitRef="USD">3890000000</mbi:InvestmentInWhollyOwnedSubsidiaries>
  <us-gaap:DeferredTaxAssetsNet contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2872" unitRef="USD">965000000</us-gaap:DeferredTaxAssetsNet>
  <us-gaap:DeferredTaxAssetsNet contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2873" unitRef="USD">791000000</us-gaap:DeferredTaxAssetsNet>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2874" unitRef="USD">143000000</us-gaap:OtherAssets>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2875" unitRef="USD">140000000</us-gaap:OtherAssets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2876" unitRef="USD">6684000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2877" unitRef="USD">6270000000</us-gaap:Assets>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2878" unitRef="USD">505000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2879" unitRef="USD">654000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2880" unitRef="USD">592000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2881" unitRef="USD">592000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:LoansPayable contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2882" unitRef="USD">1207000000</us-gaap:LoansPayable>
  <us-gaap:LoansPayable contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2883" unitRef="USD">1510000000</us-gaap:LoansPayable>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2884" unitRef="USD">451000000</us-gaap:OtherLiabilities>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2885" unitRef="USD">236000000</us-gaap:OtherLiabilities>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2886" unitRef="USD">2755000000</us-gaap:Liabilities>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2887" unitRef="USD">2992000000</us-gaap:Liabilities>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2888" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2889" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2890" unitRef="USD">281000000</us-gaap:CommonStockValue>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2891" unitRef="USD">278000000</us-gaap:CommonStockValue>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2892" unitRef="USD">3128000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2893" unitRef="USD">3115000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2894" unitRef="USD">2858000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2895" unitRef="USD">2289000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2896" unitRef="USD">21000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2897" unitRef="USD">-86000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2898" unitRef="USD">2359000000</us-gaap:TreasuryStockValue>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2899" unitRef="USD">2318000000</us-gaap:TreasuryStockValue>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2900" unitRef="USD">3929000000</us-gaap:StockholdersEquity>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2901" unitRef="USD">3278000000</us-gaap:StockholdersEquity>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2902" unitRef="USD">6684000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2903" unitRef="USD">6270000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2904" unitRef="USD">671000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2905" unitRef="USD">703000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2906" unitRef="USD">445000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2907" unitRef="USD">463000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2908" unitRef="USD">327000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2909" unitRef="USD">171000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2910" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2911" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2912" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2913" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2914" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2915" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2916" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2917" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2918" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2919" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2920" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2921" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2922" unitRef="shares">281352782</us-gaap:CommonStockSharesIssued>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2923" unitRef="shares">277812430</us-gaap:CommonStockSharesIssued>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2924" unitRef="shares">89409887</us-gaap:TreasuryStockShares>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="INF" id="ID_2925" unitRef="shares">85562546</us-gaap:TreasuryStockShares>
  <mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2926" unitRef="USD">6000000</mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax>
  <mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2927" unitRef="USD">25000000</mbi:AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax>
  <us-gaap:CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_2928">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;CONDENSED BALANCE SHEETS&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions except share and per share amounts)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:center;border-color:Black;min-width:401.25pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Assets &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $671 and $703)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;728&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments pledged as collateral, at fair value (amortized cost $445 and $463)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;408&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;375&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Short-term investments held as available-for-sale, at fair value (amortized cost $327 and $171)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;327&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;171&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,523&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,309&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;140&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment in wholly-owned subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,953&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred income taxes, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;965&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;791&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;140&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;6,684&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;6,270&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Liabilities and Shareholders&amp;#39; Equity &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities: &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;505&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;654&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;592&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;592&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Affiliate loans payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,207&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,510&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;451&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;236&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;2,755&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;2,992&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Shareholders&amp;#39; Equity:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;and 277,812,430&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;281&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additional paid-in capital&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,128&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,115&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Retained earnings &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,858&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,289&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accumulated other comprehensive income (loss), net of tax of $6 and $25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Treasury stock, at cost--89,409,887 and 85,562,546 shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,359)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,318)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total shareholders&amp;#39; equity of MBIA Inc.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;3,929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;3,278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total liabilities and shareholders&amp;#39; equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;6,684&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;6,270&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' &gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;CONDENSED STATEMENTS OF OPERATIONS&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:189.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:189.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Revenues:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net investment income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(119)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment losses related to other-than-temporary impairments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;border-color:Black;min-width:311.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;border-color:Black;min-width:311.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other-than-temporary impairments recognized in accumulated other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(59)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other net realized gains (losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;104&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(114)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Expenses:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;104&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;195&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gain (loss) before income taxes and equity in earnings of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(59)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(309)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(165)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(202)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(781)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gain (loss) before equity in earnings of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;106&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;472&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equity in net income (loss) of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;463&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;762&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:172.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss):&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrealized gains (losses) on available-for-sale securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unrealized gains (losses) arising during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(179)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(162)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;130&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reclassification adjustments for (gains) losses included in net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;111&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Available-for-sale securities with other-than-temporary impairments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other-than-temporary impairments and unrealized gains (losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;arising during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reclassification adjustments for (gains) losses included in net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign currency translation:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign currency translation gains (losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(142)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,466&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='12' rowspan='1' style='width:552pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='12' rowspan='1' style='width:552pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;CONDENSED STATEMENTS OF CASH FLOWS&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:172.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;Years ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash flows from operating activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fees and reimbursements received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Investment income received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Operating expenses paid&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(35)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(35)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Interest paid, net of interest converted to principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(93)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(93)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(101)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Income taxes (paid) received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;111&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;224&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by operating activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;188&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;233&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash flows from investing activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Purchases of available-for-sale investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(287)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(560)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Sales of available-for-sale investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,148&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Paydowns and maturities of available-for-sale investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;252&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Purchases of investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(266)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(144)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(42)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Sales, paydowns and maturities of investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;280&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;139&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Sales, paydowns and maturities (purchases) of short-term investments, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(242)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;114&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(Payments) proceeds for derivative settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(207)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateral (to) from swap counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(285)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Contributions to subsidiaries, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Advances to subsidiaries, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by investing activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;99&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;280&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,332&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash flows from financing activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Proceeds from investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Principal paydowns of investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(274)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(679)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Payments for securities sold under agreements to repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(639)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Payments for retirement of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(180)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Payments for affiliate loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(153)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(194)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(109)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Purchases of treasury stock&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Restricted stock awards settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by financing activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(327)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(465)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1,575)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net increase (decrease) in cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash and cash equivalents - beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;132&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash and cash equivalents - end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Reconciliation of net income (loss) to net cash provided (used) by operating activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;569&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:329.25pt;text-align:left;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Change in:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Intercompany accounts receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Current income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Equity in earnings of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(463)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(118)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(762)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Dividends from subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;225&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;219&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net (gains) losses on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other net realized (gains) losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Deferred income tax benefit&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(176)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(207)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(613)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(Gains) losses on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total adjustments to net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(381)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1,031)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by operating activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;188&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;233&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:center;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;SCHEDULE II&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:center;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:center;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;NOTES TO CONDENSED FINANCIAL STATEMENTS&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;1. Condensed Financial Statements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the Company&amp;#8217;s consolidated financial statements and the notes thereto.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The activities o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f MBIA Inc. consist of general corporate activities and funding activities, which principally include holding and managing investments, servicing outstanding corporate debt, investment agreements issued by MBIA Inc. and its subsidiaries, and posting collat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eral under investment agreement and derivative contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc. is subject to the same liquidity risks and uncertainties as described in footnote 1 to the Company&amp;#8217;s consolidated financial statements. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Inc. had $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;498&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of cash and highly liquid assets available for general corporate liquidity purpose&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;2. Significant Accounting Policies&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Inc. (the &amp;#8220;Parent Company&amp;#8221;) carries its investments in subsidiaries under the equity method.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain amounts have been reclassified in prior years&amp;#8217; financial statements to conform to the current presentation. Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; reclassification&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; had no impact on total&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; revenues, expenses, assets, liabilities, or shareholders&amp;#8217; equity for all periods presented.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;3. Dividends from Subsidiaries&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;220&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc. and Trifi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nium Holdings Limited d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National Public Finance Guarantee Holdings, Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; declared and paid &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dividend of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;214&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Services Corporation, formerly &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Optinuity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Alliance Resources Corporation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; declared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CapMAC Holdings Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; declared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Services Corporation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;declared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;53&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Asset Finance, LLC&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; declared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and Euro Asset Acquisition Limited declared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to MBIA Inc. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;4. Obligations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;under Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The investment agreement business, as described in footnotes 2 and 1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to the Company&amp;#8217;s consolidated financial statements, is conducted by both MBIA Inc. and its wholly owned subsidiary, MBIA Investment Management Corp.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;5. Pledge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;d Collateral&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Substantially all of the obligations under investment agreements require MBIA Inc. to pledge securities as collateral. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the fair value of securities pledged as collateral with respect to these investment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;agreements approximated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;27&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;270&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. The Parent Company&amp;#8217;s collateral as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, consisted principally of mortgage-backed securities, corporate obligations, and U.S. Treasury and government agency bonds, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was primarily held with major U.S. banks. Additionally, the Parent Company pledged money market securities as collateral under investment agreements in the amount of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;22&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rivative contracts entered into by MBIA Inc., collateral postings are required by either MBIA Inc. or the counterparty when the aggregate market value of derivative contracts entered into with the same counterparty exceeds a predefined threshold. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc. pledged securities with a fair value of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;199&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to derivative counterparties&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Inc. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pledged securities with a fair value of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;42&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to derivative counterparties&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;6. Affiliate Loans &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;Payable&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Affiliate loans payable consists of loans payable to MBIA Global Funding, LLC (&amp;#8220;GFL&amp;#8221;). GFL raise&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; funds through the issuance of medium-term notes with varying maturities, which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, in turn, guaranteed by MBIA Corp. GFL len&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the proceeds of these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;medium-term note issuances to MBIA Inc.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock>
  <mbi:NumberOfCreditSupportAnnexes contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_2929" unitRef="pure">1</mbi:NumberOfCreditSupportAnnexes>
  <mbi:NumberOfCreditSupportAnnexes contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_2930" unitRef="pure">1</mbi:NumberOfCreditSupportAnnexes>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember" decimals="-6" id="ID_2931" unitRef="USD">3634000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember" decimals="-6" id="ID_2932" unitRef="USD">32000000</mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditAmount>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyCorpMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA3RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember" decimals="-6" id="ID_2933" unitRef="USD">2019000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:ReinsuranceRecoverables contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyCorpMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysA3RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember" decimals="-6" id="ID_2934" unitRef="USD">6000000</us-gaap:ReinsuranceRecoverables>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OtherReinsurersMember_us-gaap_CreditRatingMoodysAxis_mbi_Moodysa2OrAboveRatingMember_us-gaap_CreditRatingStandardPoorsAxis_mbi_StandardpoorsaminusoraboveratingmemberMember" decimals="-6" id="ID_2935" unitRef="USD">145000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OtherReinsurersMember_us-gaap_CreditRatingMoodysAxis_mbi_Moodysa2OrAboveRatingMember_us-gaap_CreditRatingStandardPoorsAxis_mbi_StandardpoorsaminusoraboveratingmemberMember" decimals="-6" id="ID_2936" unitRef="USD">2000000</mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditAmount>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2937" unitRef="USD">6087000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2938" unitRef="USD">34000000</mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditAmount>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2939" unitRef="USD">44000000</us-gaap:NetInvestmentIncome>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2940" unitRef="USD">50000000</us-gaap:NetInvestmentIncome>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2941" unitRef="USD">60000000</us-gaap:NetInvestmentIncome>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2942" unitRef="USD">24000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2943" unitRef="USD">11000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2944" unitRef="USD">-119000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2945" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2946" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2947" unitRef="USD">52000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2948" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2949" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2950" unitRef="USD">7000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2951" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2952" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2953" unitRef="USD">59000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2954" unitRef="USD">1000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2955" unitRef="USD">43000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2956" unitRef="USD">-2000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2957" unitRef="USD">1000000</us-gaap:OtherIncome>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2958" unitRef="USD">0</us-gaap:OtherIncome>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2959" unitRef="USD">6000000</us-gaap:OtherIncome>
  <us-gaap:Revenues contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2960" unitRef="USD">70000000</us-gaap:Revenues>
  <us-gaap:Revenues contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2961" unitRef="USD">104000000</us-gaap:Revenues>
  <us-gaap:Revenues contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2962" unitRef="USD">-114000000</us-gaap:Revenues>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2963" unitRef="USD">25000000</us-gaap:OperatingExpenses>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2964" unitRef="USD">69000000</us-gaap:OperatingExpenses>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2965" unitRef="USD">40000000</us-gaap:OperatingExpenses>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2966" unitRef="USD">104000000</us-gaap:InterestExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2967" unitRef="USD">105000000</us-gaap:InterestExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2968" unitRef="USD">155000000</us-gaap:InterestExpense>
  <us-gaap:CostsAndExpenses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2969" unitRef="USD">129000000</us-gaap:CostsAndExpenses>
  <us-gaap:CostsAndExpenses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2970" unitRef="USD">174000000</us-gaap:CostsAndExpenses>
  <us-gaap:CostsAndExpenses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2971" unitRef="USD">195000000</us-gaap:CostsAndExpenses>
  <mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2972" unitRef="USD">-59000000</mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries>
  <mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2973" unitRef="USD">-70000000</mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries>
  <mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2974" unitRef="USD">-309000000</mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2975" unitRef="USD">-165000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2976" unitRef="USD">-202000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2977" unitRef="USD">-781000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2978" unitRef="USD">106000000</mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries>
  <mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2979" unitRef="USD">132000000</mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries>
  <mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2980" unitRef="USD">472000000</mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeLossFromSubsidiariesNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2981" unitRef="USD">463000000</us-gaap:IncomeLossFromSubsidiariesNetOfTax>
  <us-gaap:IncomeLossFromSubsidiariesNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2982" unitRef="USD">118000000</us-gaap:IncomeLossFromSubsidiariesNetOfTax>
  <us-gaap:IncomeLossFromSubsidiariesNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2983" unitRef="USD">762000000</us-gaap:IncomeLossFromSubsidiariesNetOfTax>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2984" unitRef="USD">569000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2985" unitRef="USD">250000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2986" unitRef="USD">1234000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2987" unitRef="USD">126000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2988" unitRef="USD">-179000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2989" unitRef="USD">166000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2990" unitRef="USD">14000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2991" unitRef="USD">-17000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2992" unitRef="USD">36000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2993" unitRef="USD">112000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2994" unitRef="USD">-162000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2995" unitRef="USD">130000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2996" unitRef="USD">-23000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2997" unitRef="USD">-23000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2998" unitRef="USD">-111000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2999" unitRef="USD">-8000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3000" unitRef="USD">-8000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3001" unitRef="USD">-39000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3002" unitRef="USD">-15000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3003" unitRef="USD">-15000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3004" unitRef="USD">-72000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3005" unitRef="USD">0</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3006" unitRef="USD">12000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3007" unitRef="USD">38000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3008" unitRef="USD">0</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3009" unitRef="USD">4000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3010" unitRef="USD">13000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3011" unitRef="USD">0</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3012" unitRef="USD">8000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3013" unitRef="USD">25000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3014" unitRef="USD">-4000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3015" unitRef="USD">0</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3016" unitRef="USD">-31000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3017" unitRef="USD">-1000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3018" unitRef="USD">0</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3019" unitRef="USD">-11000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3020" unitRef="USD">-3000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3021" unitRef="USD">0</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3022" unitRef="USD">-20000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3023" unitRef="USD">-23000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3024" unitRef="USD">-3000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3025" unitRef="USD">-15000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3026" unitRef="USD">107000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3027" unitRef="USD">-142000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3028" unitRef="USD">232000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3029" unitRef="USD">676000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3030" unitRef="USD">108000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3031" unitRef="USD">1466000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3032" unitRef="pure">0</mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet>
  <mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3033" unitRef="pure">-0.02</mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet>
  <mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3034" unitRef="pure">0.12</mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet>
  <us-gaap:ProceedsFromFeesReceived contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3035" unitRef="USD">1000000</us-gaap:ProceedsFromFeesReceived>
  <us-gaap:ProceedsFromFeesReceived contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3036" unitRef="USD">0</us-gaap:ProceedsFromFeesReceived>
  <us-gaap:ProceedsFromFeesReceived contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3037" unitRef="USD">5000000</us-gaap:ProceedsFromFeesReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3038" unitRef="USD">256000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3039" unitRef="USD">250000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3040" unitRef="USD">118000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3041" unitRef="USD">35000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3042" unitRef="USD">35000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3043" unitRef="USD">43000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3044" unitRef="USD">93000000</us-gaap:InterestPaidNet>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3045" unitRef="USD">93000000</us-gaap:InterestPaidNet>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3046" unitRef="USD">101000000</us-gaap:InterestPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3047" unitRef="USD">-59000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3048" unitRef="USD">-111000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3049" unitRef="USD">-224000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3050" unitRef="USD">188000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3051" unitRef="USD">233000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3052" unitRef="USD">203000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3053" unitRef="USD">125000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3054" unitRef="USD">287000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3055" unitRef="USD">560000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3056" unitRef="USD">268000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3057" unitRef="USD">147000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3058" unitRef="USD">1148000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3059" unitRef="USD">98000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3060" unitRef="USD">252000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3061" unitRef="USD">1036000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3062" unitRef="USD">266000000</mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities>
  <mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3063" unitRef="USD">144000000</mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities>
  <mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3064" unitRef="USD">42000000</mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities>
  <mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3065" unitRef="USD">280000000</mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities>
  <mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3066" unitRef="USD">126000000</mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities>
  <mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3067" unitRef="USD">139000000</mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3068" unitRef="USD">242000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3069" unitRef="USD">-94000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3070" unitRef="USD">-114000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3071" unitRef="USD">26000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3072" unitRef="USD">32000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3073" unitRef="USD">207000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3074" unitRef="USD">144000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3075" unitRef="USD">122000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3076" unitRef="USD">-285000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <mbi:ContributionsToSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3077" unitRef="USD">-20000000</mbi:ContributionsToSubsidiaries>
  <mbi:ContributionsToSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3078" unitRef="USD">2000000</mbi:ContributionsToSubsidiaries>
  <mbi:ContributionsToSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3079" unitRef="USD">-12000000</mbi:ContributionsToSubsidiaries>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3080" unitRef="USD">12000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3081" unitRef="USD">0</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3082" unitRef="USD">-1000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3083" unitRef="USD">99000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3084" unitRef="USD">280000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3085" unitRef="USD">1332000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3086" unitRef="USD">23000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3087" unitRef="USD">25000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3088" unitRef="USD">31000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3089" unitRef="USD">181000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3090" unitRef="USD">274000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3091" unitRef="USD">679000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3092" unitRef="USD">0</us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase>
  <us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3093" unitRef="USD">-32000000</us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase>
  <us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3094" unitRef="USD">-639000000</us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3095" unitRef="USD">0</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3096" unitRef="USD">3000000</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3097" unitRef="USD">180000000</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:RepaymentsOfRelatedPartyDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3098" unitRef="USD">153000000</us-gaap:RepaymentsOfRelatedPartyDebt>
  <us-gaap:RepaymentsOfRelatedPartyDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3099" unitRef="USD">194000000</us-gaap:RepaymentsOfRelatedPartyDebt>
  <us-gaap:RepaymentsOfRelatedPartyDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3100" unitRef="USD">109000000</us-gaap:RepaymentsOfRelatedPartyDebt>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3101" unitRef="USD">32000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3102" unitRef="USD">0</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3103" unitRef="USD">0</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3104" unitRef="USD">16000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3105" unitRef="USD">13000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3106" unitRef="USD">1000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3107" unitRef="USD">-327000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3108" unitRef="USD">-465000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3109" unitRef="USD">-1575000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3110" unitRef="USD">-40000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3111" unitRef="USD">48000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3112" unitRef="USD">-40000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3113" unitRef="USD">24000000</us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties>
  <us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3114" unitRef="USD">14000000</us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties>
  <us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3115" unitRef="USD">9000000</us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties>
  <us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3116" unitRef="USD">70000000</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
  <us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3117" unitRef="USD">116000000</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
  <us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3118" unitRef="USD">57000000</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
  <mbi:EquityInNetIncomeLossOfSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3119" unitRef="USD">463000000</mbi:EquityInNetIncomeLossOfSubsidiaries>
  <mbi:EquityInNetIncomeLossOfSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3120" unitRef="USD">118000000</mbi:EquityInNetIncomeLossOfSubsidiaries>
  <mbi:EquityInNetIncomeLossOfSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3121" unitRef="USD">762000000</mbi:EquityInNetIncomeLossOfSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3122" unitRef="USD">225000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3123" unitRef="USD">219000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3124" unitRef="USD">60000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3125" unitRef="USD">0</mbi:NetOtherThanTemporaryImpairments>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3126" unitRef="USD">0</mbi:NetOtherThanTemporaryImpairments>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3127" unitRef="USD">59000000</mbi:NetOtherThanTemporaryImpairments>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3128" unitRef="USD">24000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3129" unitRef="USD">11000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3130" unitRef="USD">-119000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3131" unitRef="USD">-1000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3132" unitRef="USD">0</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3133" unitRef="USD">-6000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3134" unitRef="USD">-176000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3135" unitRef="USD">-207000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3136" unitRef="USD">-613000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3137" unitRef="USD">1000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3138" unitRef="USD">43000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3139" unitRef="USD">-2000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3140" unitRef="USD">-13000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3141" unitRef="USD">-41000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3142" unitRef="USD">-62000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3143" unitRef="USD">-381000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3144" unitRef="USD">-17000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3145" unitRef="USD">-1031000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2011_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3146" unitRef="USD">132000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3147" unitRef="USD">92000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_3148" unitRef="pure">0.0348</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_3149" unitRef="pure">0.0738</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_3150" unitRef="pure">0.0021</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_3151" unitRef="pure">0.0738</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_3152" unitRef="pure">0.055</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_3153" unitRef="pure">0.051</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3154" unitRef="pure">0.0267</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3155" unitRef="pure">0.0244</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3156" unitRef="pure">0</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3157" unitRef="pure">0.0893</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3158" unitRef="pure">0</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMinimum>
  <us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3159" unitRef="pure">0.0908</us-gaap:DebtInstrumentInterestRateStatedPercentageRateRangeMaximum>
  <mbi:DebtInstrumentRepurchasedPercentOfParValue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_ConduitsMember" decimals="2" id="ID_3160" unitRef="pure">0.97</mbi:DebtInstrumentRepurchasedPercentOfParValue>
  <mbi:DebtInstrumentRepurchasedPercentOfParValue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_GlobalFundingLimitedMember" decimals="2" id="ID_3161" unitRef="pure">0.98</mbi:DebtInstrumentRepurchasedPercentOfParValue>
  <us-gaap:DebtInstrumentRepurchasedFaceAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_ConduitsMember" decimals="-6" id="ID_3162" unitRef="USD">129000000</us-gaap:DebtInstrumentRepurchasedFaceAmount>
  <us-gaap:DebtInstrumentRepurchasedFaceAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_ProductOrServiceAxis_mbi_GlobalFundingLimitedMember" decimals="-6" id="ID_3163" unitRef="USD">122000000</us-gaap:DebtInstrumentRepurchasedFaceAmount>
  <us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3164">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 15: Pension and Profit Sharing Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company maintains a qualified non-contributory defined contribution pension plan to which the Company contributes 10% of each eligible employee&amp;#8217;s annual compensation. Annual compensation for determining such contributions consists of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;base salary, bonus and commissions, as applicable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, up to a maximum of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Pension benefits vest over a five-year period with 20% vested after two years, 60% vested after three years, 80% vested after four years and 100% vested after five years. T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company funds the annual pension contribution by the following February of each applicable year. Pension expense related to the Company&amp;#8217;s qualified pension plan for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; millio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company also maintains a qualified profit sharing/401(k) plan. The plan is a voluntary contributory plan that allows eligible employees to defer compensation for federal income tax purposes under Section&amp;#160;401(k) of the I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nternal Revenue Code of 1986, as amended. Employees may contribute, through payroll deductions, up to 25% of eligible compensation. The Company matches employee contributions up to the first &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of such compensation. The 401(k) matching contributions are ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de in the form of cash, whereby participants may direct the Company match to an investment of their choice. The benefit of the Company&amp;#8217;s contributions vest over a five-year period with 20% vested after two years, 60% vested after three years, 80% vested af&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ter four years and 100% vested after five years. Generally, a participating employee is entitled to distributions from the plans upon termination of employment, retirement, death or disability. Participants who qualify for distribution may receive a single&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; lump sum, transfer the assets to another qualified plan or individual retirement account, or receive a series of specified installment payments. Profit sharing/401(k) expense related to the Company&amp;#8217;s qualified plan for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In addition to the above two plans, the Company maintains a non-qualified deferred compensation plan. Contributions to the above qualified plans that exceed limitations es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tablished by federal regulations are then contributed to the non-qualified deferred compensation plan. The non-qualified pension expense for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for each applicable year&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The non-qua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lified profit sharing/401(k) expense for each of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million for each applicable year&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock>
  <us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="2" id="ID_3165" unitRef="pure">0.1</us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="2" id="ID_3166" unitRef="pure">0.2</mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="2" id="ID_3167" unitRef="pure">0.6</mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="2" id="ID_3168" unitRef="pure">0.8</mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="2" id="ID_3169" unitRef="pure">1</mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears>
  <us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_3170" unitRef="pure">0.25</us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_3171" unitRef="pure">0.2</mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_3172" unitRef="pure">0.6</mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_3173" unitRef="pure">0.8</mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_3174" unitRef="pure">1</mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears>
  <us-gaap:DefinedContributionPlanEmployerMatchingContributionPercentOfMatch contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_3175" unitRef="pure">0.05</us-gaap:DefinedContributionPlanEmployerMatchingContributionPercentOfMatch>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="-6" id="ID_3176" unitRef="USD">4000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="-6" id="ID_3177" unitRef="USD">4000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_DefinedContributionPensionMember" decimals="-6" id="ID_3178" unitRef="USD">7000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="-6" id="ID_3179" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="-6" id="ID_3180" unitRef="USD">3000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="-6" id="ID_3181" unitRef="USD">3000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember" decimals="-6" id="ID_3182" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember" decimals="-6" id="ID_3183" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember" decimals="-6" id="ID_3184" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember" decimals="-6" id="ID_3185" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember" decimals="-6" id="ID_3186" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember" decimals="-6" id="ID_3187" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_3188" unitRef="shares">43210917</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
  <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="0" id="ID_3189" unitRef="shares">33743884</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
  <mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_3190" unitRef="shares">412769</mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition>
  <mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_3191" unitRef="shares">629896</mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition>
  <mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="0" id="ID_3192" unitRef="shares">506714</mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition>
  <us-gaap:UndistributedEarningsAllocatedToParticipatingSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3193" unitRef="USD">32000000</us-gaap:UndistributedEarningsAllocatedToParticipatingSecurities>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3194" unitRef="USD">1202000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
  <mbi:UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3195" unitRef="USD">32000000</mbi:UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted>
  <us-gaap:FairValueAdjustmentOfWarrants contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3196" unitRef="USD">28000000</us-gaap:FairValueAdjustmentOfWarrants>
  <us-gaap:FairValueAdjustmentOfWarrants contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3197" unitRef="USD">0</us-gaap:FairValueAdjustmentOfWarrants>
  <us-gaap:FairValueAdjustmentOfWarrants contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3198" unitRef="USD">0</us-gaap:FairValueAdjustmentOfWarrants>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3199" unitRef="USD">1202000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
  <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="0" id="ID_3200" unitRef="shares">1062395</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
  <us-gaap:IncrementalCommonSharesAttributableToCallOptionsAndWarrants contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="0" id="ID_3201" unitRef="shares">0</us-gaap:IncrementalCommonSharesAttributableToCallOptionsAndWarrants>
  <us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3202">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 18: Common and Preferred Stock&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Common Stock&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Stock Warrants&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During 2008, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company granted Warburg Pincus warrants to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11.5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#160;million shares of MBIA common stock at an exercise price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;30.25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share, &amp;#8220;B&amp;#8221; warrant, which, upon obtaining certain approvals, will become exercisable to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#160;million shares at a price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;30.25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share, and &amp;#8220;B2&amp;#8221; warrant to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#160;million shares at a price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;16.20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2013, pursu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ant to the anti-dilution provisions of warrants issued by MBIA to Warburg Pincus, the terms of the warrants issued to Warburg Pincus &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in 2008 were amended, which resulted in (a) Warburg Pincus&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;warrant to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11.5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million shares exercisable at $30.25 p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er share w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; revised to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million shares at $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;29.44&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;) Warburg Pincus&amp;#8217; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;warrant to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million shares exercisable at $30.25 per share w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; revised to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million shares at $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;29.44&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;) Warburg Pincus&amp;#8217; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B2 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;warrant to purc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hase 4 million shares exercisable at $16.20 per share w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; revised to 4,004,945 shares at $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;16.18&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share.&amp;#160;In addition, under the agreement, Warburg Pincus has certain gross up rights that are triggered in connection with the offering by the Company of any&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; equity securities. As such, MBIA issued Warburg Pincus a five-year warrant to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.91&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million shares of MBIA common stock at an exercise&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.59&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2015, the Company reported the expiration of the Warburg Pincus&amp;#8217; warran&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t to purchase 11.8 million shares at $29.44 per share, the Warburg Pincus&amp;#8217; B warrant to purchase 10.1 million shares at $29.44 per share and the Warburg Pincus&amp;#8217; B2 warrant to purchase 4,004,945 shares at $16.18 per share.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In May of 2013, MBIA Inc. issued B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lue Ridge Investments, L.L.C., an affiliate of Bank of America, a five-year warrant to purchase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.94&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million shares of MBIA Inc. common stock at an exercise price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.59&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Stock w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;arrants are recorded as liabilities and reported within &amp;#8220;Other &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities&amp;#8221; on the consolidated balance sheets due to terms and conditions in the agreements that could require net cash settlement. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value of the warrants was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;28&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;59&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Repu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;rchase Program&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. The Company believes that share repurchases can be an appropriate deploymen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t of capital in excess of amounts needed to support the Company&amp;#8217;s liquidity while maintaining the claims-paying resources of MBIA Corp. and National, as well as other business needs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On February&amp;#160;1, 2007, the Company&amp;#8217;s Board of Directors authorized the repu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rchase of common stock up to $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion under a share repurchase program&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. During the year ended December 31, 2014, the Company repurchased &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million common shares of MBIA Inc., exhausting any remaining capacity under this share repurchase program. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had repurchased &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;58.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#160;million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; common&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares of MBIA Inc. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at an average price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;17.02&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;under th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;share rep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urchase program. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In the fourth quarter of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s Board of Directors authorized the repurchas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e of common stock up to $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;200&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion under a new share repurchase program. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During the year ended December 31, 2014, the Company repurchased &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million common shares of MBIA Inc. at an average price of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.44&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; per share under this new repurchase program.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uring &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, 529,246&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;392,056&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares, respectively, were purchased by the Company for settling awards under the Company&amp;#8217;s long-term incentive plans.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Preferred Stock&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Insurance Corporation had 2,759 shares of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; preferred stock issued and outstanding with a carrying value of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;28&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#1F497D;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;including 1,444 shares held by MBIA Inc. that were purchased at a weighted average price of $10,900 per share or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10.9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of face value and 1,315 shares held by unaffiliated investo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs. During 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Inc. did not repurchase any additional shares. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In accordance with MBIA&amp;#8217;s fixed-rate election, the dividend rate on the preferred stock was determined using a fixed-rate equivalent of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LIBOR plus 200 basis points&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Each share of preferr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed stock has a par value of $1,000 with a liquidation preference of $100,000. The holders of the preferred stock are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generally &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not entitled to any voting rights. Subject to certain requirements, the preferred stock may be redeemed, in whole or in part, at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the option of MBIA Corp. at any time or from time to time for cash at a redemption price equal to the liquidation preference per share plus any accrued and unpaid dividends thereon at the date of redemption for the then current dividend period and any prev&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iously accumulated dividends payable without interest on such unpaid dividends. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there were no &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dividends declared on the preferred stock. Payment of dividends on MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Corp.&amp;#8217;s preferred stock is subject to the same restrictions that apply to dividends on common stock under NY&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;IL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" decimals="-5" id="ID_3203" unitRef="shares">11500000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" decimals="2" id="ID_3204" unitRef="USD_per_Unit">30.25</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBWarrantsMember" decimals="2" id="ID_3205" unitRef="USD_per_Unit">30.25</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBTwoWarrantsMember" decimals="2" id="ID_3206" unitRef="USD_per_Unit">16.2</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBWarrantsMember" decimals="-5" id="ID_3207" unitRef="shares">9800000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Dec31_2008_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBTwoWarrantsMember" decimals="-6" id="ID_3208" unitRef="shares">4000000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" decimals="2" id="ID_3209" unitRef="USD_per_Unit">29.44</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" decimals="-5" id="ID_3210" unitRef="shares">11800000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBWarrantsMember" decimals="-5" id="ID_3211" unitRef="shares">10100000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBWarrantsMember" decimals="2" id="ID_3212" unitRef="USD_per_Unit">29.44</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBTwoWarrantsMember" decimals="2" id="ID_3213" unitRef="USD_per_Unit">16.18</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember" decimals="-4" id="ID_3214" unitRef="shares">1910000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember" decimals="2" id="ID_3215" unitRef="USD_per_Unit">9.59</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_May06_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BlueRidgeMember" decimals="-4" id="ID_3216" unitRef="shares">9940000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="AS_OF_May06_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BlueRidgeMember" decimals="2" id="ID_3217" unitRef="USD_per_Unit">9.59</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
  <us-gaap:WarrantsAndRightsOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3218" unitRef="USD">28000000</us-gaap:WarrantsAndRightsOutstanding>
  <us-gaap:WarrantsAndRightsOutstanding contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3219" unitRef="USD">59000000</us-gaap:WarrantsAndRightsOutstanding>
  <mbi:WarrantTerm contextRef="FROM_May05_2013_TO_May06_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BlueRidgeMember" id="ID_3220">P5Y</mbi:WarrantTerm>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount contextRef="FROM_Feb01_2007_TO_Feb01_2007_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" decimals="-9" id="ID_3221" unitRef="USD">1000000000</us-gaap:StockRepurchaseProgramAuthorizedAmount>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Feb02_2007_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" decimals="2" id="ID_3222" unitRef="USDPerShare">17.02</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Feb02_2007_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" decimals="-5" id="ID_3223" unitRef="shares">58800000</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" decimals="-5" id="ID_3224" unitRef="shares">2100000</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember" decimals="0" id="ID_3225" unitRef="shares">529246</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember" decimals="0" id="ID_3226" unitRef="shares">392056</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_ClassBTwoWarrantsMember" decimals="0" id="ID_3227" unitRef="shares">4004945</us-gaap:ClassOfWarrantOrRightOutstanding>
  <mbi:WarrantTerm contextRef="FROM_Aug04_2013_TO_Aug05_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_WarburgPincusMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember" id="ID_3228">P5Y</mbi:WarrantTerm>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3229" unitRef="USDPerShare">10900</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3230" unitRef="shares">2759</us-gaap:PreferredStockSharesIssued>
  <us-gaap:PreferredStockValueOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="-6" id="ID_3231" unitRef="USD">28000000</us-gaap:PreferredStockValueOutstanding>
  <us-gaap:StockRepurchasedDuringPeriodShares contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3232" unitRef="shares">1444</us-gaap:StockRepurchasedDuringPeriodShares>
  <mbi:PercentageOfFaceValueOfRepurchasedPreferredStock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="3" id="ID_3233" unitRef="pure">0.109</mbi:PercentageOfFaceValueOfRepurchasedPreferredStock>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3234" unitRef="USDPerShare">1000</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockLiquidationPreference contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3235" unitRef="USDPerShare">100000</us-gaap:PreferredStockLiquidationPreference>
  <us-gaap:DebtInstrumentInterestRateTerms contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" id="ID_3236">LIBOR plus 200 basis points</us-gaap:DebtInstrumentInterestRateTerms>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_mbi_UnaffiliatedInvestorsMember" decimals="0" id="ID_3237" unitRef="shares">1315</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:FairValueOptionQuantitativeDisclosuresTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3238">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity securities held at fair value-VIE&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (104)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (74)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (182)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (107)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (107)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; -&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Variable interest entity notes &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;269&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;___________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' &gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueOptionQuantitativeDisclosuresTextBlock>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_3239">P1Y7M6D</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_3240">P16Y8M12D</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_3241">P2Y7M6D</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_3242">P18Y6M0D</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="-8" id="ID_3243" unitRef="USD">88700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="-8" id="ID_3244" unitRef="USD">38100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="-8" id="ID_3245" unitRef="USD">29600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="-8" id="ID_3246" unitRef="USD">29200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="-8" id="ID_3247" unitRef="USD">28000000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="-8" id="ID_3248" unitRef="USD">20200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_MI" decimals="-8" id="ID_3249" unitRef="USD">15300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="-8" id="ID_3250" unitRef="USD">231800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="-8" id="ID_3251" unitRef="USD">38900000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="-8" id="ID_3252" unitRef="USD">123600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="-8" id="ID_3253" unitRef="USD">283300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="-8" id="ID_3254" unitRef="USD">53600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="-8" id="ID_3255" unitRef="USD">155800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-8" id="ID_3256" unitRef="USD">2800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="-8" id="ID_3257" unitRef="USD">40700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-8" id="ID_3258" unitRef="USD">12800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="-8" id="ID_3259" unitRef="USD">48800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3260" unitRef="USD">394300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_3261" unitRef="USD">554300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3262" unitRef="USD">492700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3263" unitRef="USD">43500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3264" unitRef="USD">61600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="-8" id="ID_3265" unitRef="USD">122800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="-8" id="ID_3266" unitRef="USD">27900000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="-8" id="ID_3267" unitRef="USD">60500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3268" unitRef="USD">53600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3269" unitRef="USD">38400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="-8" id="ID_3270" unitRef="USD">19500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="-8" id="ID_3271" unitRef="USD">8400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="-8" id="ID_3272" unitRef="USD">18400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="-8" id="ID_3273" unitRef="USD">6100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="-8" id="ID_3274" unitRef="USD">3600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3275" unitRef="USD">2400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="-8" id="ID_3276" unitRef="USD">153500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="-8" id="ID_3277" unitRef="USD">34100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="-8" id="ID_3278" unitRef="USD">78000000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3279" unitRef="USD">66100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3280" unitRef="USD">46200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="-8" id="ID_3281" unitRef="USD">24100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="-8" id="ID_3282" unitRef="USD">9500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="-8" id="ID_3283" unitRef="USD">19200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="-8" id="ID_3284" unitRef="USD">7200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="-8" id="ID_3285" unitRef="USD">4800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3286" unitRef="USD">3000000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3287" unitRef="USD">361600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3288" unitRef="USD">445700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="-8" id="ID_3289" unitRef="USD">13400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="-8" id="ID_3290" unitRef="USD">15500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="-8" id="ID_3291" unitRef="USD">15900000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="-8" id="ID_3292" unitRef="USD">17300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3293" unitRef="USD">9700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3294" unitRef="USD">12200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_LocalGovernmentsMember" decimals="-8" id="ID_3295" unitRef="USD">300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_LocalGovernmentsMember" decimals="-8" id="ID_3296" unitRef="USD">400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3297" unitRef="USD">200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3298" unitRef="USD">200000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3299" unitRef="USD">39100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3300" unitRef="USD">46000000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-8" id="ID_3301" unitRef="USD">14700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3302" unitRef="USD">9900000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3303" unitRef="USD">1100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-8" id="ID_3304" unitRef="USD">31700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3305" unitRef="USD">12400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3306" unitRef="USD">1600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-8" id="ID_3307" unitRef="USD">37100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-8" id="ID_3308" unitRef="USD">62600000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3309">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 16: Long-term Incentive Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Plan Description&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company maintains the MBIA Inc. 2005 Omnibus Incentive Plan (the &amp;#8220;Omnibus&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Plan&amp;#8221;). Under the Omnibus Plan a maximum of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10,000,000&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;shares of the Company&amp;#8217;s common stock can be used for any type of award including&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stock options, performance shares, performance units, restricted stock, restricted stock units and divide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd equivalents. On May 1, 2012, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s shareholders approved an increase in the total number of shares of common stock reserved and available f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or issuance und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er the Omnibus Plan from 10,000,000 shares to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14,000,000&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny shares issued under the Omnibus Plan in connection with stock options shall be counted against this limit as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;one&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; share covered by such op&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion. For all awards other than stock options, any shares issued shall be counted against this limit as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.28&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares for every share issued after the May 1, 2012 amendment and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;two&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares for every share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; issued prior to the May 1, 2012 amendment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The stock option component of the Omnibus Plan enables key employees of the Company and its subsidiaries to acquire shares of common stock of the Company or to benefit from appreciation in the price of the common&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stock of the Company. The stock option grants, which may be awarded every year, provide the right to purchase shares of common stock at the fair value of the stock on the date of the grant. Options granted will either be Incentive Stock Options (&amp;#8220;ISOs&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hat &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;qualify under Section&amp;#160;422(a) of the Internal Revenue Code, or Non-Qualified Stock Options (&amp;#8220;NQSOs&amp;#8221;). ISOs and NQSOs are granted at a price not less than &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;100%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the fair value, defined as the closing price on the grant date, of the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;common stock. Options are exercisable as specified at the time of grant depending on the level of the recipient (generally &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;four&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years) and expire either &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;seven&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ten&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from the date of grant (or shorter if specified or following termination of employment).&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under the restricted stock component of the Omnibus Plan, certain employees are granted restricted shares of the Company&amp;#8217;s common stock. These awards have a re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;strictio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n period lasting &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years depending on the type of award, after which time the awards fully vest. During the vesting period, these shares may not be sold. Restricted stock may be granted to all &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;employees.&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Following the effective date of the Omnibus Plan, no new options or awards were granted under any of the prior plans authorized by the shareholders and all shares authorized but unissued were canceled. All stock awards granted under the prior p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lans and subsequently canceled or expired after the effective date of the Omnibus Plan, become available for grant under the Omnibus Plan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;There were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6,056,168&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;shares available for future grants under the Omnibus Plan as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n accordance with accounting guidance for share-based payments, the Company expenses the fair value of employee stock options and other forms of stock-based compensation. In addition, the guidance classifies share-based payment awards as either li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ability awards, which are remeasured at fair value at each balance sheet date, or equity awards, which are measured on the grant date and not subsequently remeasured. Generally, awards with cash-based settlement repurchase features or that are settled at a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; fixed dollar amount are classified as liability awards, and changes in fair value will be reported in earnings. Awards with net-settlement features or that permit a cashless exercise with third-party brokers are classified as equity awards and changes in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value are not reported in earnings. The Company&amp;#8217;s long-term incentive plans include features which result in equity awards.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In addition, the guidance requires the use of a forfeiture estimate. The Company uses historical employee termination informati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on to estimate the forfeiture rate applied to current stock-based awards.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company maintains voluntary retirement benefits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which provide certain benefits to eligible employees of the Company upon retirement. A description of these benefits is included in the Company&amp;#8217;s proxy statement.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; One of the components of the retirement program for those employees that are retirement eligible i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s to continue to vest all &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;performance-based&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stock options and restricted share awards beyond the retirement date in accordance with the original vesting terms and to immediately vest all outstanding &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;time-based stock options and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;restricted share grants. The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; accounting guidance for share-based payment requires compensation costs for those employees to be recognized from the date of grant through the retirement eligible date, unless there is a risk of forfeiture, in which case the compensation cost is recogniz&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed in accordance with the original &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vesting schedule. Accelerated expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, if any,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; relating to this retirement benefit for both stock option awards and restricted stock awards has been included in the compensation expense amounts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Restricted Stock&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;value of the restricted shares awarded, determi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ned on the grant date, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;39&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, and the fair value of the rest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ricted shares canceled were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; mi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llion each &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Restricted shares have been recorded as unearned compensation, which is a component of paid-in capital within shareholders&amp;#8217; equity on the Company&amp;#8217;s consolidated balance sheets and have been included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Share-based compe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on the Company&amp;#8217;s consolidated statements of changes in shareholders&amp;#8217; equity. The amount of unearned compensation, net of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimated forfeitures, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;35&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which is expected to be recognized as exp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ense over a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; weighted average period of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.83&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years. Unearned compensation is amortized to expense over the appropriate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-year vesting period (except for a minor portion g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ranted to members of the MBIA Inc. Board of Directors which is amortized over a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ten&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-year period).&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Compensation expense related to the restricted shares, net of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimated forfeitures, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;18&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively. The tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;benefit related to the restricted share awards during &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;A summary of the Company&amp;#8217;s restricted shares outstanding as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and chang&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on those dates, is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:381pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Restricted Share Activity&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:33.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,832,115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7.6438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,320,110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6.8017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,881,782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6.4134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Granted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,263,472&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.0284&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;449,931&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.0741&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,689,542&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.9299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Vested&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(613,641)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.9661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(969,396)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.8408&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(70,549)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.7909&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(123,120)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.2942&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,968,530)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.6724&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(180,665)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.2860&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,358,826&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 10.0047&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,832,115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7.6438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,320,110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6.8017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Stock Options&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company determines the fair value for stock option awards at the date of grant and is estimated using the Black-Scholes option pricing model. This model was developed for use in estimating the fair value of traded options that have no &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vesting restrictions, are fully transferable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and contain both service and some performance conditions. In addition, option valuation models require the input of highly subjective assumptions including the expected stock pri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce volatility.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Employee stock option compensation expense, net of estimated forfeitures, for the year ended December 31, 2014 was immaterial. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Employee stock option compensation expense, net of estimated forfeitures, for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; totaled&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; there were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stock option award&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s granted.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expensed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax asset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively, related to the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stock option awards &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as a charge to paid-in capital. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there was an immaterial a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mount of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; total unrecognized compensation cost related to non-vested stock options.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;A summary of the Company&amp;#8217;s stock options outstanding as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and changes during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on those dates, is presented in the following tables:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,715,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.6883&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,963,268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.0485&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,425,073&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21.3330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercised&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(400,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.0200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Expired or forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(767,406)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61.5815&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,247,862)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.3382&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(461,805)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50.8330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,548,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9888&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,715,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.6883&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,963,268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.0485&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercisable at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,798,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.4660&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,752,311&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.5120&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,751,173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45.0174&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table summarizes information about outstanding stock options as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Stock Options Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Stock Options Exercisable&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Aggregate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Aggregate&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Remaining&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Intrinsic&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Remaining&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Intrinsic&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range of Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Exercise&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Exercise&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Exercise Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Life in Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Life in Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(in millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$4.02 - $57.71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,287,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3922&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,537,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.5591&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$58.84 - $70.86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;260,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60.1333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;260,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60.1333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,548,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9888&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,798,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.4660&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Performance Based Awards&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During 2014 and 2012, the Company granted &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;two&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million restricted shares, respectively, to certain key employees which have&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a vesting schedule dependent on the achievement of certain stock price targets of the Company. The grants and corresponding compensation expense have been included in the above restricted stock disclosures. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As permitted by the accounting guidance for shar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e-based payment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company estimates the fair value of awards that contain market performance conditions at the date of grant using a binomial lattice model with a Monte Carlo simulation. The binomial lattice model can better incorporate assumptions abo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ut a stock price path because the model can accommodate a large number of potential stock prices over the award&amp;#8217;s term in comparison to the Black-Scholes model.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During 2010, the Board of Managers of Cutwater established the Cutwater Asset Management Equity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Participation Plan (&amp;#8220;the Plan&amp;#8221;). The purpose of the Plan is to promote the interests of Cutwater and its equity security holders and is designed to provide compensation tied to the value of Cutwater by the grant of equity participation units. Each unit re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;presents the contractual right to receive cash payments based on the value of Cutwater. These grants have a restriction period lasting &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years, after which time the awards fully vest providing the participant is continuously emplo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;yed by Cutwater or one of its affiliates during that period. The maximum number of units available for grant under the Plan &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;350,000&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; new&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;units were granted and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;38,000&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;units &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were canceled. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;185,312&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; units vested with no value. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In accordance with the accounting guidance for awards that include a cash-based settlement feature, the Plan is classified as a liability award. Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e original value of the award was determined on the date of grant and remeasured at each balance sheet date. A liability is accrued over the vesting period of the Plan and reflects the present value of the award as of each balance sheet date. Any change is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; reflected in earnings.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; For the years ended December 31, 2014, 2013 and 2012, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; compensation cost related to the Plan was recorded as a result of the decline in the value of the awards.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
  <us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3310">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:381pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Restricted Share Activity&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:33.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,832,115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7.6438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,320,110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6.8017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,881,782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6.4134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Granted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,263,472&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.0284&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;449,931&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.0741&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,689,542&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.9299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Vested&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(613,641)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.9661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(969,396)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.8408&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(70,549)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.7909&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(123,120)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.2942&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,968,530)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.6724&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(180,665)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.2860&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' &gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,358,826&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 10.0047&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,832,115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 7.6438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,320,110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; 6.8017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock>
  <us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3311">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,715,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.6883&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,963,268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.0485&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,425,073&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21.3330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercised&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(400,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.0200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Expired or forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(767,406)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61.5815&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,247,862)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.3382&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(461,805)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50.8330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,548,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9888&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,715,406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.6883&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,963,268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.0485&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercisable at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,798,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.4660&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,752,311&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.5120&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,751,173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45.0174&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock>
  <us-gaap:ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3312">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Stock Options Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Stock Options Exercisable&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Aggregate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Aggregate&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Remaining&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Intrinsic&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Remaining&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Intrinsic&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range of Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Exercise&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Exercise&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:73.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Exercise Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Life in Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Life in Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(in millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$4.02 - $57.71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,287,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3922&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,537,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.5591&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$58.84 - $70.86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;260,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60.1333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;260,500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60.1333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,548,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9888&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,798,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.4660&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3313" unitRef="shares">4881782</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3314" unitRef="shares">7320110</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3315" unitRef="shares">3832115</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3316" unitRef="shares">6358826</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3317" unitRef="shares">2689542</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3318" unitRef="shares">70549</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3319" unitRef="shares">180665</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3320" unitRef="shares">449931</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3321" unitRef="shares">969396</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3322" unitRef="shares">2968530</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3323" unitRef="shares">3263472</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3324" unitRef="shares">613641</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="INF" id="ID_3325" unitRef="shares">123120</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3326" unitRef="USDPerShare">7.9299</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3327" unitRef="USDPerShare">16.7909</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3328" unitRef="USDPerShare">9.286</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3329" unitRef="USDPerShare">13.0741</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3330" unitRef="USDPerShare">9.8408</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3331" unitRef="USDPerShare">5.6724</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3332" unitRef="USDPerShare">12.0284</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3333" unitRef="USDPerShare">5.9661</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3334" unitRef="USDPerShare">10.2942</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2011_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3335" unitRef="USDPerShare">6.4134</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3336" unitRef="USDPerShare">6.8017</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3337" unitRef="USDPerShare">7.6438</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3338" unitRef="USDPerShare">10.0047</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="INF" id="ID_3339" unitRef="shares">6425073</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="INF" id="ID_3340" unitRef="shares">5963268</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_3341" unitRef="shares">3715406</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_3342" unitRef="shares">2548000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="INF" id="ID_3343" unitRef="shares">1751173</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_3344" unitRef="shares">1752311</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_3345" unitRef="shares">1798000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="4" id="ID_3346" unitRef="USDPerShare">21.333</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="4" id="ID_3347" unitRef="USDPerShare">20.6883</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3348" unitRef="USDPerShare">10.9888</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="4" id="ID_3349" unitRef="USDPerShare">45.0174</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="4" id="ID_3350" unitRef="USDPerShare">38.512</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3351" unitRef="USDPerShare">13.466</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="4" id="ID_3352" unitRef="USDPerShare">19.0485</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="4" id="ID_3353" unitRef="USDPerShare">50.833</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="4" id="ID_3354" unitRef="USDPerShare">16.3382</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3355" unitRef="USDPerShare">61.5815</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice>
  <us-gaap:FinancialGuaranteeInsuranceContractsTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3356">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes and measures premiums related to financial guarantee (non-derivative) insurance and reinsurance contracts in accordance with the accounting principles for financial guarantee insurance contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, premiums receivable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;875&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion, respectively, primarily related to installment policies for which premiums will be collected over the estimated term of the contracts. Premiums re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ceivable for an installment policy is initially measured at the present value of premiums expected to be collected over the expected period or contract period of the policy using a risk-free discount rate. Premiums receivable for policies that use the expe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cted period of risk due to expected prepayments are adjusted in subsequent measurement periods when prepayment assumptions change using the risk-free discount rate as of the remeasurement date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company evaluates whether any premiums receivable are unco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llectible at each balance sheet date. If the Company determines that premiums are uncollectible, it records a write-off of such amounts in current earnings. The majority of the Company&amp;#8217;s premiums receivable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consist&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the present values of future installm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ent premiums that are not yet billed or due&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primarily from structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Given that premiums due to MBIA typically have priority over most other payment obligations of structured finance transactions, the Company determined that the amou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt of uncollectible premiums as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was insignificant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the risk-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;free rate used to discount future installment premiums was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, resp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and the weighted average expected collection term of the premiums receivable was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.18&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance premiums payable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;56&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;51&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and is included in &amp;#8220;Other liabilities&amp;#8221; in the Company&amp;#8217;s consolidated balance sheets. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The reinsurance premiums paya&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ble is accreted and paid to reinsurers as premiums due to MBIA are accreted and collected.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present a roll forward of the Company&amp;#8217;s premiums receivable for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(120)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;875&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2012&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,228&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(135)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(25)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the undiscounted future amount of premiums expected to be collected and the period in which those collections are expected to occur:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collection of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2024&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;282&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2029&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2034 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,111&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the unearned premium revenue balance and future expected premium earnings as of and for the periods presented:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Upfront&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Installments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,986&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,934&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,883&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,834&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,786&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,603&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,436&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;187&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,286&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;168&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2024&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;613&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;294&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;241&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;599&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2029&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;288&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;171&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2034 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,083&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;903&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;236&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,222&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FinancialGuaranteeInsuranceContractsTextBlock>
  <mbi:UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3357">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Upfront&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Installments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,986&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,934&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,883&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,834&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,786&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,603&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,436&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;187&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,286&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;168&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;155&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ended:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2024&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;613&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;294&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;241&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;599&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2029&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;288&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;171&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2034 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,083&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;903&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;236&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,222&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock>
  <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3358">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 20: Related Party Transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Related parties are defined as the following:&lt;/font&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Affiliates of the Company: An affiliate is a party that directly or indirectly controls, is controlled by or is under common control with the Company. Control is defined as having, either &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;directly or indirectly, the power to direct the management and operating policies of a company through ownership, by contract or otherwise.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Entities for which investments are accounted for using the equity method by the Company.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Trusts for the benefit of e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mployees, such as pension and profit sharing trusts that are managed by or under the trusteeship of management.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Principal owners of the Company defined as owners of record or known beneficial owners of more than 10% of the voting interests of the Company.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Management of the Company which includes persons who are responsible for achieving the objectives of the Company and who have the authority to establish policies and make decisions by which those objectives are to be pursued. Management normally includes m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;embers of the Board of Directors, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hief Executive &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Officer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Chief Operating Officer, Vice President in charge of principal business functions and other persons who perform similar policymaking functions.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Members of the immediate families of principal owners of the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and its management. This includes family members whom a principal owner or a member of management might control or influence or by whom they may be controlled or influenced because of the family relationship.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Other parties with which the Company may deal i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f one party controls or can significantly influence the management or policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Other parties that can significantly influence t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he management or policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to the extent that one or more of the transacting parties might be prevented from fully purs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uing its own separate interests.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Since 1989, MBIA Corp. has executed five surety bonds to guarantee the payment obligations of the members of the Municipal Bond Insurance Association (the &amp;#8220;Association&amp;#8221;), a voluntary unincorporated association of insurers w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;riting municipal bond and note insurance as agents for the member insurance companies that had their S&amp;amp;P claims-paying rating downgraded from AAA on their previously issued Association policies. In the event that the Association does not meet their policy &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;payment obligations, MBIA Corp. will pay the required amounts directly to the paying agent. The aggregate outstanding exposure on these surety bonds as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;340&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA, through its subsidiaries, is responsible for providing i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nvestment advisory and certain related administrative services to the Managed Duration Investment Grade Municipal Fund (&amp;#8220;the Fund&amp;#8221;). MBIA earned investment management, accounting, administration and service fees related to the Fund, net of underwriting fee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s paid to a third party, and are included in &amp;#8220;Fees and reimbursements&amp;#8221; in the Company&amp;#8217;s consolidated statements of operations. These amounts were not significant for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2014&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2013&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2012&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2013, pursuan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t to the anti-dilution provisions of warrants issued by MBIA to Warburg Pincus, the terms of the warrants issued to Warburg Pincus in 2008 were amended, which resulted in a decrease in the exercise price and an increase in the aggregate number of shares of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA common stock to be issued upon exercise. In addition, under the agreement, Warburg Pincus has certain gross up rights that are triggered in connection with the offering by the Company of any equity securities. As such, MBIA issued Warburg Pincus a fi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve-year warrant to purchase 1.91 million shares of MBIA common stock at an exercise price of $9.59 per share. Refer to &amp;#8220;Note 18: Common and Preferred Stock&amp;#8221; for information about Warburg Pincus&amp;#8217; warrants. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of December 31, 2014 and 2013, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company had &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no loans outstanding to any executive officers or director&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
  <mbi:PercentageOfVotingInterestsOfCompany contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3359" unitRef="pure">0.1</mbi:PercentageOfVotingInterestsOfCompany>
  <mbi:NumberOfSuretyBonds contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_3360" unitRef="Policies">5</mbi:NumberOfSuretyBonds>
  <mbi:OutstandingExposureOnSuretyBonds contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3361" unitRef="USD">340000000</mbi:OutstandingExposureOnSuretyBonds>
  <mbi:LoansToExecutiveOfficersOrDirectors contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="0" id="ID_3362" unitRef="SecurityLoan">0</mbi:LoansToExecutiveOfficersOrDirectors>
  <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_3363" unitRef="shares">400000</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="INF" id="ID_3364" unitRef="shares">767406</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod>
  <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_3365" unitRef="shares">0</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="INF" id="ID_3366" unitRef="shares">2247862</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod>
  <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="INF" id="ID_3367" unitRef="shares">0</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="INF" id="ID_3368" unitRef="shares">461805</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3369" unitRef="USDPerShare">4.02</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="4" id="ID_3370" unitRef="USDPerShare">0</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="4" id="ID_3371" unitRef="USDPerShare">0</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="INF" id="ID_3372" unitRef="shares">10000000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized>
  <us-gaap:CommonStockCapitalSharesReservedForFutureIssuance contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="INF" id="ID_3373" unitRef="shares">14000000</us-gaap:CommonStockCapitalSharesReservedForFutureIssuance>
  <mbi:SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="INF" id="ID_3374" unitRef="shares">1</mbi:SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan>
  <mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_AfterAmendmentMember" decimals="INF" id="ID_3375" unitRef="shares">1.28</mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan>
  <mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_PriorToAmendmentMember" decimals="INF" id="ID_3376" unitRef="shares">2</mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan>
  <mbi:IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3377" unitRef="pure">1</mbi:IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_3378">P4Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_3379">P5Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_3380">P3Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_3381">P5Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3382" unitRef="USD">39000000</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
  <us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3383" unitRef="USD">6000000</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
  <us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3384" unitRef="USD">1000000</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures>
  <us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3385" unitRef="USD">1000000</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures>
  <us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3386" unitRef="USD">35000000</us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
  <us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" id="ID_3387">P1Y9M29D</us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3388" unitRef="USD">11000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3389" unitRef="USD">11000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3390" unitRef="USD">18000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3391" unitRef="USD">2000000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense>
  <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3392" unitRef="USD">1000000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense>
  <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3393" unitRef="USD">1000000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3394" unitRef="USD">3000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3395" unitRef="USD">6000000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3396" unitRef="USD">2000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3397" unitRef="USD">5000000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense>
  <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3398" unitRef="USD">4000000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_RestrictedShareUnitMember" id="ID_3399">P5Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_RestrictedShareUnitMember" decimals="0" id="ID_3400" unitRef="shares">350000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_RestrictedShareUnitMember" decimals="0" id="ID_3401" unitRef="shares">185312</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3402" unitRef="USD">10000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3403" unitRef="USD">-9000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3404" unitRef="USD">1000000</mbi:SegmentRevenue>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3405" unitRef="USD">6000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3406" unitRef="USD">26000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3407" unitRef="USD">32000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3408" unitRef="USD">-31000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3409" unitRef="USD">0</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3410" unitRef="USD">3000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3411" unitRef="USD">0</us-gaap:RevenueOtherFinancialServices>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3412" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3413" unitRef="USD">0</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3414" unitRef="USD">4000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3415" unitRef="USD">-1000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3416" unitRef="USD">3000000</mbi:SegmentRevenue>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3417" unitRef="USD">0</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3418" unitRef="USD">0</us-gaap:InterestExpense>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3419" unitRef="USD">9000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3420" unitRef="USD">9000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3421" unitRef="USD">-6000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3422" unitRef="USD">243000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3423" unitRef="USD">1463000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3424" unitRef="USD">93000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3425" unitRef="USD">45000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3426" unitRef="USD">1000000</us-gaap:OtherIncome>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3427" unitRef="USD">71000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3428" unitRef="USD">45000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3429" unitRef="USD">1871000000</mbi:SegmentRevenue>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3430" unitRef="USD">29000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3431" unitRef="USD">147000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3432" unitRef="USD">132000000</us-gaap:InterestExpense>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3433" unitRef="USD">59000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3434" unitRef="USD">208000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3435" unitRef="USD">575000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3436" unitRef="USD">1296000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3437" unitRef="USD">880000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3438" unitRef="USD">1464000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3439" unitRef="USD">55000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3440" unitRef="USD">105000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3441" unitRef="USD">7000000</us-gaap:OtherIncome>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3442" unitRef="USD">134000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3443" unitRef="USD">0</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3444" unitRef="USD">2435000000</mbi:SegmentRevenue>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3445" unitRef="USD">431000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3446" unitRef="USD">284000000</us-gaap:InterestExpense>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3447" unitRef="USD">72000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3448" unitRef="USD">0</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3449" unitRef="USD">837000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3450" unitRef="USD">1598000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3451" unitRef="USD">548000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3452" unitRef="USD">1000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3453" unitRef="USD">121000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3454" unitRef="USD">168000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3455" unitRef="USD">838000000</mbi:SegmentRevenue>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3456" unitRef="USD">21000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3457" unitRef="USD">124000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3458" unitRef="USD">124000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3459" unitRef="USD">269000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3460" unitRef="USD">569000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3461" unitRef="USD">63000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3462" unitRef="USD">-2000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3463" unitRef="USD">61000000</mbi:SegmentRevenue>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3464" unitRef="USD">13000000</mbi:ExpensesOfConsolidatedVies>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3465" unitRef="USD">97000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3466" unitRef="USD">110000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3467" unitRef="USD">-49000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3468" unitRef="USD">-422000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3469" unitRef="USD">-422000000</mbi:SegmentRevenue>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3470" unitRef="USD">-457000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3471" unitRef="USD">-457000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3472" unitRef="USD">35000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB" decimals="-6" id="ID_3473" unitRef="USD">36000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember" decimals="-6" id="ID_3474" unitRef="USD">15000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CentralAndSouthAmericaMember" decimals="-6" id="ID_3475" unitRef="USD">48000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember" decimals="-6" id="ID_3476" unitRef="USD">5000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember" decimals="-6" id="ID_3477" unitRef="USD">11000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-6" id="ID_3478" unitRef="USD">530000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-6" id="ID_3479" unitRef="USD">16000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3480" unitRef="USD">661000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3481" unitRef="USD">0</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3482" unitRef="USD">6056000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3483" unitRef="USD">11687000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3484" unitRef="USD">177000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3485" unitRef="USD">-3652000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3486" unitRef="USD">21724000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3487" unitRef="USD">6887000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3488" unitRef="USD">17248000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3489" unitRef="USD">694000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3490" unitRef="USD">-5870000000</us-gaap:Assets>
  <mbi:PercentageOfRollRateToLossSet contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="4" id="ID_3491" unitRef="pure">0.9</mbi:PercentageOfRollRateToLossSet>
  <mbi:AssumedRollRateForLoans contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ForeclosureMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="4" id="ID_3492" unitRef="pure">0.9</mbi:AssumedRollRateForLoans>
  <mbi:AssumedRollRateForLoans contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_RealEstateOwnedMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="4" id="ID_3493" unitRef="pure">0.9</mbi:AssumedRollRateForLoans>
  <mbi:AssumedRollRateForLoans contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_BankruptcyMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="4" id="ID_3494" unitRef="pure">0.75</mbi:AssumedRollRateForLoans>
  <mbi:PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_mbi_DelinquencyPeriodAxis_mbi_AltMember_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember" decimals="4" id="ID_3495" unitRef="pure">0.25</mbi:PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod>
  <mbi:AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="4" id="ID_3496" unitRef="pure">0.95</mbi:AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned>
  <mbi:PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="4" id="ID_3497" unitRef="pure">0.1</mbi:PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket>
  <mbi:PercentageOfLoansChargedOff contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="4" id="ID_3498" unitRef="pure">0.3</mbi:PercentageOfLoansChargedOff>
  <mbi:PercentageOfCurrentRollToLossForTransaction contextRef="FROM_Dec01_2013_TO_Nov30_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember" decimals="4" id="ID_3499" unitRef="pure">0.03</mbi:PercentageOfCurrentRollToLossForTransaction>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" id="ID_3500">P11Y0M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" id="ID_3501">P4Y10M24D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" id="ID_3502">P11Y6M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" id="ID_3503">P9Y6M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" id="ID_3504">P9Y8M12D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_3505" unitRef="USD">853000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_3506" unitRef="USD">206000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3507" unitRef="USD">900000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember" decimals="-6" id="ID_3508" unitRef="USD">1486000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember" decimals="-6" id="ID_3509" unitRef="USD">112000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember" decimals="-6" id="ID_3510" unitRef="USD">435000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember" decimals="-6" id="ID_3511" unitRef="USD">-19000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember" decimals="-6" id="ID_3512" unitRef="USD">574000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember" decimals="-6" id="ID_3513" unitRef="USD">67000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:CurrentFederalTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3514" unitRef="USD">3000000</us-gaap:CurrentFederalTaxExpenseBenefit>
  <us-gaap:CurrentStateAndLocalTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3515" unitRef="USD">2000000</us-gaap:CurrentStateAndLocalTaxExpenseBenefit>
  <us-gaap:CurrentForeignTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3516" unitRef="USD">-6000000</us-gaap:CurrentForeignTaxExpenseBenefit>
  <us-gaap:DeferredFederalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3517" unitRef="USD">350000000</us-gaap:DeferredFederalIncomeTaxExpenseBenefit>
  <us-gaap:DeferredStateAndLocalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3518" unitRef="USD">0</us-gaap:DeferredStateAndLocalIncomeTaxExpenseBenefit>
  <us-gaap:DeferredForeignIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3519" unitRef="USD">15000000</us-gaap:DeferredForeignIncomeTaxExpenseBenefit>
  <mbi:ChangeInUnrealizedGainLossOnInvestments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3520" unitRef="USD">81000000</mbi:ChangeInUnrealizedGainLossOnInvestments>
  <mbi:ChangeInUnrealizedGainLossOnInvestments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3521" unitRef="USD">-89000000</mbi:ChangeInUnrealizedGainLossOnInvestments>
  <mbi:ChangeInUnrealizedGainLossOnInvestments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3522" unitRef="USD">-86000000</mbi:ChangeInUnrealizedGainLossOnInvestments>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3523" unitRef="USD">-42000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3524" unitRef="USD">-2000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax>
  <us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3525" unitRef="USD">7000000</us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3526" unitRef="USD">133000000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
  <us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3527" unitRef="USD">497000000</us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation>
  <us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3528" unitRef="pure">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
  <us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3529" unitRef="pure">-0.011</us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome>
  <mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3530" unitRef="pure">0.038</mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3531" unitRef="pure">-0.126</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
  <mbi:EffectiveIncomeTaxrateReconciliationUncertainTaxPositions contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3532" unitRef="pure">0.028</mbi:EffectiveIncomeTaxrateReconciliationUncertainTaxPositions>
  <us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3533" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes>
  <us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3534" unitRef="pure">-0.008</us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
  <us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3535" unitRef="pure">0.114</us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings>
  <us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3536" unitRef="pure">-0.006</us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments>
  <us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3537" unitRef="pure">0.399</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
  <us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3538" unitRef="pure">0.112</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
  <mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3539" unitRef="USD">220000000</mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue>
  <mbi:DeferredTaxLiabilitiesDeferralOfCodIncome contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3540" unitRef="USD">114000000</mbi:DeferredTaxLiabilitiesDeferralOfCodIncome>
  <us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3541" unitRef="USD">87000000</us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost>
  <us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3542" unitRef="USD">0</us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome>
  <us-gaap:DeferredTaxLiabilitiesOther contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3543" unitRef="USD">9000000</us-gaap:DeferredTaxLiabilitiesOther>
  <us-gaap:DeferredIncomeTaxLiabilities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3544" unitRef="USD">478000000</us-gaap:DeferredIncomeTaxLiabilities>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3545" unitRef="USD">31000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3546" unitRef="USD">85000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves>
  <mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3547" unitRef="USD">917000000</mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards>
  <mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3548" unitRef="USD">93000000</mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments>
  <mbi:DeferredTaxAssetsInsuredDerivatives contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3549" unitRef="USD">400000000</mbi:DeferredTaxAssetsInsuredDerivatives>
  <us-gaap:DeferredTaxAssetsDerivativeInstruments contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3550" unitRef="USD">47000000</us-gaap:DeferredTaxAssetsDerivativeInstruments>
  <us-gaap:DeferredTaxAssetsOtherComprehensiveLoss contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3551" unitRef="USD">30000000</us-gaap:DeferredTaxAssetsOtherComprehensiveLoss>
  <mbi:DeferredTaxAssetsVariableInterestEntities contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3552" unitRef="USD">55000000</mbi:DeferredTaxAssetsVariableInterestEntities>
  <us-gaap:DeferredTaxAssetsGross contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3553" unitRef="USD">1680000000</us-gaap:DeferredTaxAssetsGross>
  <us-gaap:DeferredTaxAssetsValuationAllowance contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3554" unitRef="USD">93000000</us-gaap:DeferredTaxAssetsValuationAllowance>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3555" unitRef="USD">1109000000</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3556" unitRef="USD">196000000</mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue>
  <mbi:DeferredTaxLiabilitiesDeferralOfCodIncome contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3557" unitRef="USD">91000000</mbi:DeferredTaxLiabilitiesDeferralOfCodIncome>
  <mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3558" unitRef="USD">1150000000</mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards>
  <mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3559" unitRef="USD">6000000</mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments>
  <mbi:DeferredTaxAssetsInsuredDerivatives contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3560" unitRef="USD">93000000</mbi:DeferredTaxAssetsInsuredDerivatives>
  <mbi:DeferredTaxAssetsVariableInterestEntities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3561" unitRef="USD">25000000</mbi:DeferredTaxAssetsVariableInterestEntities>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3562" unitRef="USD">1009000000</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <us-gaap:UnrecognizedTaxBenefits contextRef="AS_OF_Dec31_2011_Entity_0000814585" decimals="-6" id="ID_3563" unitRef="USD">47000000</us-gaap:UnrecognizedTaxBenefits>
  <us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3564" unitRef="USD">26000000</us-gaap:UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions>
  <us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3565" unitRef="USD">26000000</us-gaap:UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations>
  <us-gaap:UnrecognizedTaxBenefits contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3566" unitRef="USD">47000000</us-gaap:UnrecognizedTaxBenefits>
  <mbi:IncreaseDecreaseInNetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3567" unitRef="USD">60000000</mbi:IncreaseDecreaseInNetIncomeLoss>
  <mbi:Periodofcurrentrolltolossforstresscaseadditionalmonths contextRef="FROM_Nov29_2014_TO_May31_2016_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember" decimals="0" id="ID_3568" unitRef="pure">18</mbi:Periodofcurrentrolltolossforstresscaseadditionalmonths>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3569" unitRef="USD">-4000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3570" unitRef="USD">-104000000</us-gaap:NetInvestmentIncome>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3571" unitRef="USD">-108000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3572" unitRef="USD">-38000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3573" unitRef="USD">-70000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_3574" unitRef="USD">-70000000</us-gaap:NetIncomeLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3575" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3576" unitRef="USD">-2261000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:ProceedsFromInsurancePremiumsCollected contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3577" unitRef="USD">281000000</us-gaap:ProceedsFromInsurancePremiumsCollected>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3578" unitRef="USD">419000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3579" unitRef="USD">426000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3580" unitRef="USD">594000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:ProceedsFromInsuranceSettlementOperatingActivities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3581" unitRef="USD">30000000</us-gaap:ProceedsFromInsuranceSettlementOperatingActivities>
  <us-gaap:ProceedsFromInsuranceSettlementOperatingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3582" unitRef="USD">0</us-gaap:ProceedsFromInsuranceSettlementOperatingActivities>
  <us-gaap:ProceedsFromInsuranceSettlementOperatingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3583" unitRef="USD">0</us-gaap:ProceedsFromInsuranceSettlementOperatingActivities>
  <mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3584" unitRef="USD">458000000</mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid>
  <mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3585" unitRef="USD">464000000</mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid>
  <us-gaap:PaymentsForLossesAndLossAdjustmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3586" unitRef="USD">443000000</us-gaap:PaymentsForLossesAndLossAdjustmentExpense>
  <us-gaap:PaymentsForLossesAndLossAdjustmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3587" unitRef="USD">895000000</us-gaap:PaymentsForLossesAndLossAdjustmentExpense>
  <mbi:ProceedsFromReinsuranceAndRecoveries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3588" unitRef="USD">263000000</mbi:ProceedsFromReinsuranceAndRecoveries>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3589" unitRef="USD">400000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3590" unitRef="USD">400000000</us-gaap:InterestPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3591" unitRef="USD">17000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3592" unitRef="USD">1000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3593" unitRef="USD">6000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3594" unitRef="USD">-333000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3595" unitRef="USD">1829000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3596" unitRef="USD">-1027000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3597" unitRef="USD">3086000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3598" unitRef="USD">757000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3599" unitRef="USD">4658000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3600" unitRef="USD">609000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3601" unitRef="USD">346000000</mbi:PaymentsToAcquireFairValueOptionAndTradingSecurities>
  <mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3602" unitRef="USD">960000000</mbi:ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3603" unitRef="USD">-739000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3604" unitRef="USD">1014000000</us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities>
  <us-gaap:PaymentsToAcquireLoansReceivable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3605" unitRef="USD">310000000</us-gaap:PaymentsToAcquireLoansReceivable>
  <us-gaap:PaymentsToAcquireLoansReceivable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3606" unitRef="USD">0</us-gaap:PaymentsToAcquireLoansReceivable>
  <us-gaap:PaymentsToAcquireLoansReceivable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3607" unitRef="USD">0</us-gaap:PaymentsToAcquireLoansReceivable>
  <us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3608" unitRef="USD">280000000</us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable>
  <us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3609" unitRef="USD">278000000</us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable>
  <mbi:ProceedsFromConsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3610" unitRef="USD">0</mbi:ProceedsFromConsolidationOfVariableInterestEntity>
  <mbi:PaymentsForDeconsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3611" unitRef="USD">51000000</mbi:PaymentsForDeconsolidationOfVariableInterestEntity>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3612" unitRef="USD">54000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3613" unitRef="USD">288000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3614" unitRef="USD">-285000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3615" unitRef="USD">7000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3616" unitRef="USD">4195000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3617" unitRef="USD">30000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3618" unitRef="USD">31000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3619" unitRef="USD">36000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3620" unitRef="USD">688000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfMediumTermNotes contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3621" unitRef="USD">102000000</us-gaap:RepaymentsOfMediumTermNotes>
  <us-gaap:RepaymentsOfNotesPayable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3622" unitRef="USD">1229000000</us-gaap:RepaymentsOfNotesPayable>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3623" unitRef="USD">-2811000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_3624">P28Y0M0D</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_3625" unitRef="USD">1847000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_3626" unitRef="USD">-406000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_NonInsuredCreditDefaultSwapsMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_3627" unitRef="USD">-1000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_NonInsuredCreditDefaultSwapsVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_3628" unitRef="USD">-1000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_3629" unitRef="USD">-75000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_3630" unitRef="USD">55000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CurrencySwapMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_3631" unitRef="USD">-2000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_3632" unitRef="USD">-4000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_3633" unitRef="USD">22000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_3634" unitRef="USD">11000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_3635" unitRef="USD">-2000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_3636" unitRef="USD">1000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_3637" unitRef="USD">1445000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:SurplusNotes contextRef="AS_OF_Jan16_2008_Entity_0000814585" decimals="-9" id="ID_3638" unitRef="USD">1000000000</us-gaap:SurplusNotes>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3639" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3640" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3641" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3642" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3643" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3644" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3645" unitRef="USD">-1000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3646" unitRef="USD">10000000</mbi:AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity>
  <us-gaap:DebtInstrumentDescriptionOfVariableRateBasis contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember" id="ID_3647">three-month LIBOR</us-gaap:DebtInstrumentDescriptionOfVariableRateBasis>
  <us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember" decimals="4" id="ID_3648" unitRef="pure">0.1126</us-gaap:DebtInstrumentBasisSpreadOnVariableRate1>
  <us-gaap:DebtInstrumentInterestRateTerms contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember" id="ID_3649">interest rate of 14% until January&#xA0;15, 2013 and thereafter have an interest rate of three-month LIBOR plus 11.26%</us-gaap:DebtInstrumentInterestRateTerms>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember" decimals="2" id="ID_3650" unitRef="pure">0.14</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3651" unitRef="USD">254000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3652" unitRef="USD">-213000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3653" unitRef="USD">176000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3654" unitRef="USD">-40000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3655" unitRef="USD">3000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3656" unitRef="USD">24000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3657" unitRef="USD">4658000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3658" unitRef="USD">196000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3659" unitRef="USD">127000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3660">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE I&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. AND SUBSIDIARIES&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SUMMARY OF INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount at&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;which shown&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:299.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Type of investment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;balance sheet&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Available-for-sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;446&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;482&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;482&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,613&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,699&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,699&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;223&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;230&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;230&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,434&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,386&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,386&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,111&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,122&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;84&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total long-term available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,162&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,225&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,225&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Short-term available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,335&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,333&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equity available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,509&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,571&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,571&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;255&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;255&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,769&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,830&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,830&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated variable interest entities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;298&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;421&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;421&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Held-to-maturity:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:294.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,632&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,757&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:270.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:270.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total investments of consolidated variable interest entities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,055&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,053&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,178&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock>
  <mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" id="ID_3661">P18Y</mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember" decimals="-6" id="ID_3662" unitRef="USD">220000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_TrifiniumHoldingsLimitedMember" decimals="-6" id="ID_3663" unitRef="USD">5000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember" decimals="-6" id="ID_3664" unitRef="USD">214000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaServicesCorporationMember" decimals="-6" id="ID_3665" unitRef="USD">2000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_CapmacHoldingsMember" decimals="-6" id="ID_3666" unitRef="USD">3000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaServicesCorporationMember" decimals="-6" id="ID_3667" unitRef="USD">53000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaAssetFinanceMember" decimals="-6" id="ID_3668" unitRef="USD">6000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_mbi_EuroAssetAcquisitionLimitedMember" decimals="-6" id="ID_3669" unitRef="USD">1000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3670" unitRef="USD">273000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3671" unitRef="USD">270000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <us-gaap:ShortTermInvestments contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DerivativeByNatureAxis_us-gaap_SecuritiesPledgedAsCollateralMember" decimals="-6" id="ID_3672" unitRef="USD">26000000</us-gaap:ShortTermInvestments>
  <us-gaap:ShortTermInvestments contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DerivativeByNatureAxis_us-gaap_SecuritiesPledgedAsCollateralMember" decimals="-6" id="ID_3673" unitRef="USD">22000000</us-gaap:ShortTermInvestments>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3674" unitRef="USD">199000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3675" unitRef="USD">42000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <mbi:DebtInstrumentCallDateForFirstFifthAnniversary contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" id="ID_3676">2018-01-15</mbi:DebtInstrumentCallDateForFirstFifthAnniversary>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_3677">P7Y0M0D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_3678">P10Y0M0D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3679" unitRef="USD">13000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3680" unitRef="USD">10000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3681" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3682" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="-8" id="ID_3683" unitRef="USD">73800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="-8" id="ID_3684" unitRef="USD">29800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="-8" id="ID_3685" unitRef="USD">25400000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="-8" id="ID_3686" unitRef="USD">24100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="-8" id="ID_3687" unitRef="USD">21100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="-8" id="ID_3688" unitRef="USD">16800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_MI" decimals="-8" id="ID_3689" unitRef="USD">12300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_PA" decimals="-8" id="ID_3690" unitRef="USD">9300000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_WA" decimals="-8" id="ID_3691" unitRef="USD">9100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="-8" id="ID_3692" unitRef="USD">10100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_3693" unitRef="USD">437800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-8" id="ID_3694" unitRef="USD">1900000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-8" id="ID_3695" unitRef="USD">2800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-8" id="ID_3696" unitRef="USD">9500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-8" id="ID_3697" unitRef="USD">14100000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="3" id="ID_3698" unitRef="pure">0.004</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="3" id="ID_3699" unitRef="pure">0.021</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="3" id="ID_3700" unitRef="pure">0.005</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="3" id="ID_3701" unitRef="pure">0.026</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_3702" unitRef="USD">70000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3703" unitRef="USD">711000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3704" unitRef="USD">55000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_EquitySecuritiesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3705" unitRef="USD">6000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_EquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3706" unitRef="USD">6000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3707" unitRef="USD">55000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3708" unitRef="USD">711000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3709" unitRef="USD">2047000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3710" unitRef="USD">2356000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3711" unitRef="USD">26000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3712" unitRef="USD">29000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3713" unitRef="USD">29000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3714" unitRef="USD">29000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3715" unitRef="USD">26000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_MajorPropertyClassAxis_us-gaap_AssetsHeldForSaleMember" decimals="-6" id="ID_3716" unitRef="USD">26000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3717" unitRef="USD">772000000</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3718" unitRef="USD">0</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:ProceedsFromNotesPayable contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3719" unitRef="USD">79000000</us-gaap:ProceedsFromNotesPayable>
  <us-gaap:ProceedsFromNotesPayable contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3720" unitRef="USD">0</us-gaap:ProceedsFromNotesPayable>
  <us-gaap:ProceedsFromNotesPayable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3721" unitRef="USD">0</us-gaap:ProceedsFromNotesPayable>
  <us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3722" unitRef="USD">0</us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase>
  <us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3723" unitRef="USD">0</us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase>
  <us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3724" unitRef="USD">-287000000</us-gaap:ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3725" unitRef="USD">540000000</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3726" unitRef="USD">0</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:PaymentsToMinorityShareholders contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3727" unitRef="USD">0</us-gaap:PaymentsToMinorityShareholders>
  <us-gaap:PaymentsToMinorityShareholders contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3728" unitRef="USD">0</us-gaap:PaymentsToMinorityShareholders>
  <us-gaap:PaymentsToMinorityShareholders contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3729" unitRef="USD">2000000</us-gaap:PaymentsToMinorityShareholders>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3730" unitRef="USD">0</us-gaap:ProceedsFromStockPlans>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3731" unitRef="USD">0</us-gaap:ProceedsFromStockPlans>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3732" unitRef="USD">1000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:CashIncludingDiscontinuedOperations contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3733" unitRef="USD">55000000</us-gaap:CashIncludingDiscontinuedOperations>
  <us-gaap:CashIncludingDiscontinuedOperations contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3734" unitRef="USD">0</us-gaap:CashIncludingDiscontinuedOperations>
  <us-gaap:CashIncludingDiscontinuedOperations contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3735" unitRef="USD">0</us-gaap:CashIncludingDiscontinuedOperations>
  <us-gaap:IncreaseDecreaseInPremiumsReceivable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3736" unitRef="USD">-152000000</us-gaap:IncreaseDecreaseInPremiumsReceivable>
  <us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3737" unitRef="USD">-49000000</us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3738" unitRef="USD">-600000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3739" unitRef="USD">-17000000</us-gaap:IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve>
  <mbi:IncreaseDecreaseInInsuranceLossRecoverable contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3740" unitRef="USD">602000000</mbi:IncreaseDecreaseInInsuranceLossRecoverable>
  <us-gaap:IncreaseDecreaseInInterestPayableNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3741" unitRef="USD">-3000000</us-gaap:IncreaseDecreaseInInterestPayableNet>
  <us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3742" unitRef="USD">-36000000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
  <us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3743" unitRef="USD">43000000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
  <us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3744" unitRef="USD">-23000000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3745" unitRef="USD">15000000</mbi:NetOtherThanTemporaryImpairments>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3746" unitRef="USD">0</mbi:NetOtherThanTemporaryImpairments>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3747" unitRef="USD">105000000</mbi:NetOtherThanTemporaryImpairments>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3748" unitRef="USD">0</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3749" unitRef="USD">1870000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3750" unitRef="USD">73000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3751" unitRef="USD">-7000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3752" unitRef="USD">365000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3753" unitRef="USD">0</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3754" unitRef="USD">61000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3755" unitRef="USD">49000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <mbi:VieInterestNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3756" unitRef="USD">140000000</mbi:VieInterestNet>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3757" unitRef="USD">-138000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3758" unitRef="USD">21000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3759" unitRef="USD">68000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3760" unitRef="USD">-158000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3761" unitRef="USD">-1000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3762" unitRef="USD">60000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3763" unitRef="USD">6000000</us-gaap:OtherIncome>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3764" unitRef="USD">177000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3765" unitRef="USD">34000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3766" unitRef="USD">114000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3767" unitRef="USD">46000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3768" unitRef="USD">152000000</us-gaap:InterestExpense>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3769" unitRef="USD">15000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3770" unitRef="USD">13000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3771" unitRef="USD">281000000</mbi:SegmentExpense>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3772" unitRef="USD">59000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3773" unitRef="USD">-248000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3774" unitRef="USD">-5000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3775" unitRef="USD">2721000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3776" unitRef="USD">44000000</us-gaap:Assets>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3777" unitRef="USD">42000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3778" unitRef="USD">12000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3779" unitRef="USD">55000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3780" unitRef="USD">-3000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3781" unitRef="USD">3000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3782" unitRef="USD">2000000</us-gaap:OtherIncome>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3783" unitRef="USD">-8000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3784" unitRef="USD">46000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3785" unitRef="USD">22000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3786" unitRef="USD">148000000</mbi:SegmentRevenue>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3787" unitRef="USD">23000000</mbi:SegmentRevenue>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3788" unitRef="USD">87000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3789" unitRef="USD">42000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3790" unitRef="USD">101000000</us-gaap:InterestExpense>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3791" unitRef="USD">15000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3792" unitRef="USD">6000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3793" unitRef="USD">203000000</mbi:SegmentExpense>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3794" unitRef="USD">48000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3795" unitRef="USD">-55000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3796" unitRef="USD">-25000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3797" unitRef="USD">7000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3798" unitRef="USD">7000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3799" unitRef="USD">288000000</mbi:SegmentExpense>
  <mbi:SegmentExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3800" unitRef="USD">60000000</mbi:SegmentExpense>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3801" unitRef="USD">-125000000</mbi:SegmentPretaxIncomeLoss>
  <mbi:SegmentPretaxIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3802" unitRef="USD">-17000000</mbi:SegmentPretaxIncomeLoss>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3803" unitRef="USD">157000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3804" unitRef="USD">53000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3805" unitRef="USD">124000000</us-gaap:InterestExpense>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3806" unitRef="USD">-14000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3807" unitRef="USD">85000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3808" unitRef="USD">26000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3809" unitRef="USD">163000000</mbi:SegmentRevenue>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3810" unitRef="USD">43000000</mbi:SegmentRevenue>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3811" unitRef="USD">22000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3812" unitRef="USD">15000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3813" unitRef="USD">1000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3814" unitRef="USD">55000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3815" unitRef="USD">16000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_3816" unitRef="USD">345000000</mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest>
  <mbi:DebtInstrumentFairValueAdjustment contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_3817" unitRef="USD">45000000</mbi:DebtInstrumentFairValueAdjustment>
  <us-gaap:DebtInstrumentFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-8" id="ID_3818" unitRef="USD">2000000000</us-gaap:DebtInstrumentFairValue>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="4" id="ID_3819" unitRef="pure">0.0237</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_3820" unitRef="USD">694000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_3821" unitRef="USD">3648000000</mbi:InsuranceLossRecoverable>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_3822" unitRef="USD">332000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_3823" unitRef="USD">533000000</mbi:InsuranceLossRecoverable>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_3824" unitRef="USD">147000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3825" unitRef="USD">680000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses contextRef="AS_OF_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3826" unitRef="USD">3980000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_PerformanceBasedAwardsMember_us-gaap_TitleOfIndividualAxis_mbi_KeyEmployeesMember" decimals="-6" id="ID_3827" unitRef="shares">3000000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_PerformanceBasedAwardsMember_us-gaap_TitleOfIndividualAxis_mbi_KeyEmployeesMember" decimals="-6" id="ID_3828" unitRef="shares">2000000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_RestrictedShareUnitMember" decimals="0" id="ID_3829" unitRef="shares">38000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <mbi:StatutoryAccountingPracticesCapital contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_3830" unitRef="USD">825000000</mbi:StatutoryAccountingPracticesCapital>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3831" unitRef="USD">115000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3832" unitRef="USD">134000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3833" unitRef="USD">-173000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3834" unitRef="USD">-6000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3835" unitRef="USD">0</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3836" unitRef="USD">222000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3837" unitRef="USD">250000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3838" unitRef="USD">118000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3839" unitRef="USD">-19000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3840" unitRef="USD">-6000000</us-gaap:NetIncomeLoss>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3841" unitRef="USD">2000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3842" unitRef="USD">4000000</us-gaap:NetIncomeLoss>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3843" unitRef="USD">2641000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3844" unitRef="USD">44000000</us-gaap:Assets>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3845" unitRef="USD">82000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3846" unitRef="USD">101000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3847" unitRef="USD">-15000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3848" unitRef="USD">-5000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3849" unitRef="USD">-10000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3850" unitRef="USD">169000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3851" unitRef="USD">197000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3852" unitRef="USD">-110000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3853" unitRef="USD">-12000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3854" unitRef="USD">-21000000</us-gaap:NetIncomeLoss>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3855" unitRef="USD">13000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3856" unitRef="USD">27000000</us-gaap:NetIncomeLoss>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3857" unitRef="USD">2846000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3858" unitRef="USD">793000000</us-gaap:Assets>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3859" unitRef="USD">188000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3860" unitRef="USD">432000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3861" unitRef="USD">-179000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3862" unitRef="USD">-1000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3863" unitRef="USD">-17000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3864" unitRef="USD">381000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_3865" unitRef="USD">864000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3866" unitRef="USD">-69000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3867" unitRef="USD">-4000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_ConduitsMember" decimals="-6" id="ID_3868" unitRef="USD">-32000000</us-gaap:NetIncomeLoss>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3869" unitRef="USD">-59000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_3870" unitRef="USD">94000000</us-gaap:NetIncomeLoss>
  <mbi:PercentageOfFurtherReductionOfCurrentRollToLossForTransaction contextRef="FROM_Dec31_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_StatementScenarioAxis_us-gaap_ScenarioForecastMember" decimals="0" id="ID_3871" unitRef="pure">0</mbi:PercentageOfFurtherReductionOfCurrentRollToLossForTransaction>
  <mbi:AssetsAndLiabilitiesHeldForSaleTableTextBlock contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3872">&lt;div&gt;&lt;table style='border-collapse:collapse;margin-top:20pt;' &gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:294.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:68.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2013&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:294.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Facility&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated variable interest entities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;711&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;802&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:294.75pt;text-align:left;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated variable interest entities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:left;border-color:Black;min-width:60.75pt;' &gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' &gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Payable for loans purchased&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;323&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' &gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' &gt;&lt;/td&gt;&lt;td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total liabilities held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;772&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' &gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' &gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:AssetsAndLiabilitiesHeldForSaleTableTextBlock>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_3873" unitRef="USD">6000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_3874" unitRef="USD">15000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_FacilityMember" decimals="-6" id="ID_3875" unitRef="USD">26000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentAssetsMember" decimals="-6" id="ID_3876" unitRef="USD">4000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashMember" decimals="-6" id="ID_3877" unitRef="USD">40000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansReceivableMember" decimals="-6" id="ID_3878" unitRef="USD">711000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_3879" unitRef="USD">0</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_3880" unitRef="USD">0</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_mbi_FacilityMember" decimals="-6" id="ID_3881" unitRef="USD">29000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentAssetsMember" decimals="-6" id="ID_3882" unitRef="USD">0</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashMember" decimals="-6" id="ID_3883" unitRef="USD">0</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansReceivableMember" decimals="-6" id="ID_3884" unitRef="USD">0</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember" decimals="-6" id="ID_3885" unitRef="USD">18000000</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember" decimals="-6" id="ID_3886" unitRef="USD">0</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_NotesPayableOtherPayablesMember" decimals="-6" id="ID_3887" unitRef="USD">431000000</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansPayableMember" decimals="-6" id="ID_3888" unitRef="USD">323000000</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_NotesPayableOtherPayablesMember" decimals="-6" id="ID_3889" unitRef="USD">0</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:LiabilitiesOfAssetsHeldForSale contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_LoansPayableMember" decimals="-6" id="ID_3890" unitRef="USD">0</us-gaap:LiabilitiesOfAssetsHeldForSale>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3891" unitRef="USD">29000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:OtherAssetsHeldForSaleCurrent contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3892" unitRef="USD">802000000</us-gaap:OtherAssetsHeldForSaleCurrent>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="0" id="ID_3893" unitRef="shares">6056168</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant>
  <mbi:SeniorNotesAtParValueOwnedByNational contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3894" unitRef="USD">136000000</mbi:SeniorNotesAtParValueOwnedByNational>
  <mbi:SurplusNotesAtParValueOwnedByCorporateSegment contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3895" unitRef="USD">13000000</mbi:SurplusNotesAtParValueOwnedByCorporateSegment>
  <us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="2" id="ID_3896" unitRef="USDPerShare">4.02</us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit>
  <us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="2" id="ID_3897" unitRef="USDPerShare">57.71</us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit>
  <us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" decimals="2" id="ID_3898" unitRef="USDPerShare">58.84</us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit>
  <us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" decimals="2" id="ID_3899" unitRef="USDPerShare">70.86</us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="2" id="ID_3900" unitRef="shares">2287500</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" decimals="0" id="ID_3901" unitRef="shares">260500</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="0" id="ID_3902" unitRef="shares">1537500</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" decimals="0" id="ID_3903" unitRef="shares">260500</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="-6" id="ID_3904" unitRef="USD">11000000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3905" unitRef="USD">11000000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="-6" id="ID_3906" unitRef="USD">8000000</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3907" unitRef="USD">8000000</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3908">P1Y6M29D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" id="ID_3909">P1Y8M12D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" id="ID_3910">P0Y6M18D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_mbi_OptionsExercisableMember" id="ID_3911">P1Y4M2D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_mbi_OptionsExercisableMember_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" id="ID_3912">P0Y6M18D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_mbi_OptionsExercisableMember_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" id="ID_3913">P1Y5M19D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="4" id="ID_3914" unitRef="USDPerShare">5.3922</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" decimals="4" id="ID_3915" unitRef="USDPerShare">60.1333</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" decimals="4" id="ID_3916" unitRef="USDPerShare">60.1333</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" decimals="4" id="ID_3917" unitRef="USDPerShare">5.5591</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount contextRef="FROM_Nov04_2014_TO_Nov05_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember" decimals="-6" id="ID_3918" unitRef="USD">200000000</us-gaap:StockRepurchaseProgramAuthorizedAmount>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember" decimals="2" id="ID_3919" unitRef="USDPerShare">9.44</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember" decimals="-5" id="ID_3920" unitRef="shares">1200000</us-gaap:TreasuryStockSharesAcquired>
  <mbi:SurplusNotesRepurchasedAtOutstandingParValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3921" unitRef="USD">47000000</mbi:SurplusNotesRepurchasedAtOutstandingParValue>
  <mbi:AnnualCompensationMaximumPensionPerEmployeeAmount contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-5" id="ID_3922" unitRef="USD">1500000</mbi:AnnualCompensationMaximumPensionPerEmployeeAmount>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3923" unitRef="USD">1416000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3924" unitRef="USD">940000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3925" unitRef="USD">1312000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3926" unitRef="USD">735000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember" decimals="-6" id="ID_3927" unitRef="USD">431000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PayableforloanspurchasedMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember" decimals="-6" id="ID_3928" unitRef="USD">323000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember" decimals="-6" id="ID_3929" unitRef="USD">431000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_PayableforloanspurchasedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_LiabilitiesheldforsaleMember" decimals="-6" id="ID_3930" unitRef="USD">323000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3931" unitRef="USD">-9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_LiabilitiesOfConsolidatedViesMember" decimals="-6" id="ID_3932" unitRef="USD">181000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-8" id="ID_3933" unitRef="USD">400700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-8" id="ID_3934" unitRef="USD">491700000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_PA" decimals="-8" id="ID_3935" unitRef="USD">11800000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_WA" decimals="-8" id="ID_3936" unitRef="USD">11500000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAmountInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="-8" id="ID_3937" unitRef="USD">10900000000</us-gaap:ParticipatingPoliciesAmountInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_PA" decimals="3" id="ID_3938" unitRef="pure">0.021</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_WA" decimals="3" id="ID_3939" unitRef="pure">0.021</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce contextRef="AS_OF_Dec31_2013_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="3" id="ID_3940" unitRef="pure">0.02</us-gaap:ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce>
  <us-gaap:ReinsuranceRecoverables contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember_us-gaap_CreditRatingMoodysAxis_us-gaap_MoodysBaa1RatingMember_us-gaap_CreditRatingStandardPoorsAxis_us-gaap_StandardPoorsAARatingMember" decimals="-6" id="ID_3941" unitRef="USD">1000000</us-gaap:ReinsuranceRecoverables>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3942" unitRef="USD">751000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3943" unitRef="USD">754000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" decimals="-6" id="ID_3944" unitRef="USD">-55000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3945" unitRef="USD">1000000</mbi:ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments>
  <mbi:ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3946" unitRef="USD">0</mbi:ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments>
  <mbi:ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3947" unitRef="USD">0</mbi:ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments>
  <mbi:OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3948" unitRef="USD">437000000</mbi:OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass>
  <mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3949">P13Y</mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition>
  <us-gaap:ImpairmentOfRealEstate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_3950" unitRef="USD">3000000</us-gaap:ImpairmentOfRealEstate>
  <us-gaap:ImpairmentOfRealEstate contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_3951" unitRef="USD">29000000</us-gaap:ImpairmentOfRealEstate>
  <mbi:LiquidAssets contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3952" unitRef="USD">498000000</mbi:LiquidAssets>
  <mbi:LiquidAssets contextRef="AS_OF_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3953" unitRef="USD">359000000</mbi:LiquidAssets>
  <mbi:ReleaseFromTaxSharingAgreementEscrowAccount contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_3954" unitRef="USD">220000000</mbi:ReleaseFromTaxSharingAgreementEscrowAccount>
  <mbi:CommutedGrossInsuredExposure contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-8" id="ID_3955" unitRef="USD">20000000000</mbi:CommutedGrossInsuredExposure>
  <mbi:CommutedGrossInsuredExposure contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-8" id="ID_3956" unitRef="USD">13400000000</mbi:CommutedGrossInsuredExposure>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3957" unitRef="USD">33000000</mbi:SegmentRevenue>
  <mbi:SegmentRevenue contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_AdvisoryServicesMember" decimals="-6" id="ID_3958" unitRef="USD">54000000</mbi:SegmentRevenue>
  <us-gaap:OperatingLossCarryforwards contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-8" id="ID_3959" unitRef="USD">3200000000</us-gaap:OperatingLossCarryforwards>
  <us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3960" unitRef="pure">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
  <us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3961" unitRef="pure">-0.005</us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome>
  <mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3962" unitRef="pure">-0.016</mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3963" unitRef="pure">-0.135</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
  <mbi:EffectiveIncomeTaxrateReconciliationUncertainTaxPositions contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3964" unitRef="pure">-0.091</mbi:EffectiveIncomeTaxrateReconciliationUncertainTaxPositions>
  <us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3965" unitRef="pure">0.005</us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes>
  <us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3966" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes>
  <us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3967" unitRef="pure">-0.005</us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
  <us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3968" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings>
  <us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="3" id="ID_3969" unitRef="pure">0.009</us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments>
  <us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3970" unitRef="pure">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
  <us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3971" unitRef="pure">-0.007</us-gaap:EffectiveIncomeTaxRateReconciliationTaxExemptIncome>
  <mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3972" unitRef="pure">-0.007</mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3973" unitRef="pure">-0.056</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
  <mbi:EffectiveIncomeTaxrateReconciliationUncertainTaxPositions contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3974" unitRef="pure">-0.001</mbi:EffectiveIncomeTaxrateReconciliationUncertainTaxPositions>
  <us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3975" unitRef="pure">0.001</us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes>
  <us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3976" unitRef="pure">-0.038</us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes>
  <us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3977" unitRef="pure">-0.012</us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
  <us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3978" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings>
  <us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3979" unitRef="pure">-0.002</us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments>
  <us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="3" id="ID_3980" unitRef="pure">0.228</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
  <us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="3" id="ID_3981" unitRef="pure">0.02</us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" id="ID_3982">P9Y2M4D</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1 contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" id="ID_3983">P9Y2M15D</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_LoanStatusAxis_mbi_ExcessSpreadMember_us-gaap_StatementBusinessSegmentsAxis_mbi_RmbsAndHelocAndCesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3984" unitRef="USD">5000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienRMBSReservesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3985" unitRef="USD">2000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3986" unitRef="USD">152000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_ClassifiedMember_us-gaap_InvestmentTypeAxis_us-gaap_MunicipalBondsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_3987" unitRef="USD">161000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_3988" unitRef="USD">-151000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_3989" unitRef="USD">147000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" decimals="-6" id="ID_3990" unitRef="USD">54000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_3991" unitRef="USD">-2000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_3992" unitRef="USD">-70000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" decimals="-6" id="ID_3993" unitRef="USD">189000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_3994" unitRef="USD">70000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_3995" unitRef="USD">65000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" decimals="-6" id="ID_3996" unitRef="USD">-2000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585" decimals="-6" id="ID_3997" unitRef="USD">50000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_3998" unitRef="USD">117000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_3999" unitRef="USD">133000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredGross contextRef="FROM_Jan01_2012_TO_Dec31_2012_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RemedialActionsForInsuredObligationsMember" decimals="-6" id="ID_4000" unitRef="USD">137000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredGross>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredGross contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RemedialActionsForInsuredObligationsMember" decimals="-6" id="ID_4001" unitRef="USD">57000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredGross>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredGross contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RemedialActionsForInsuredObligationsMember" decimals="-6" id="ID_4002" unitRef="USD">36000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredGross>
  <mbi:Eliminationoflossandlaereservesasresultofconsolidatingvie contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_4003" unitRef="USD">225000000</mbi:Eliminationoflossandlaereservesasresultofconsolidatingvie>
  <mbi:Eliminationoflossandlaereservesasresultofconsolidatingvie contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_4004" unitRef="USD">226000000</mbi:Eliminationoflossandlaereservesasresultofconsolidatingvie>
  <mbi:AggregateCdoLossAndLaeReserves contextRef="AS_OF_Dec31_2014_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember" decimals="-6" id="ID_4005" unitRef="USD">111000000</mbi:AggregateCdoLossAndLaeReserves>
  <mbi:AggregateCdoLossAndLaeReserves contextRef="AS_OF_Dec31_2013_Entity_0000814585_mbi_ClaimLiabilityAxis_us-gaap_FinancialGuaranteeMember" decimals="-6" id="ID_4006" unitRef="USD">127000000</mbi:AggregateCdoLossAndLaeReserves>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember" decimals="-6" id="ID_4007" unitRef="USD">33000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_mbi_ClassifiedStatusAxis_mbi_CdoPortfolioMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_4008" unitRef="USD">1000000</mbi:EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_4009" unitRef="USD">246000000</us-gaap:DerivativeLiabilities>
  <mbi:LoansToExecutiveOfficersOrDirectors contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585" decimals="0" id="ID_4010" unitRef="SecurityLoan">0</mbi:LoansToExecutiveOfficersOrDirectors>
  <mbi:CommutedGrossInsuredExposure contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_BankOfAmericaMember" decimals="-8" id="ID_4011" unitRef="USD">7400000000</mbi:CommutedGrossInsuredExposure>
  <mbi:CommutedGrossInsuredExposure contextRef="FROM_Jan01_2013_TO_Dec31_2013_Entity_0000814585_dei_LegalEntityAxis_mbi_SocietegeneraleMember" decimals="-8" id="ID_4012" unitRef="USD">4200000000</mbi:CommutedGrossInsuredExposure>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_StructuredFinanceAndInternationalInsuranceMember" decimals="-6" id="ID_4013" unitRef="USD">4804000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DisposalDate1 contextRef="FROM_Jan01_2014_TO_Dec31_2014_Entity_0000814585_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember" id="ID_4014">2015-01-01</us-gaap:DisposalDate1>
  <mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_4015" unitRef="USD">68000000</mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest>
  <mbi:StatutoryAccountingPracticesSurplus contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="-6" id="ID_4016" unitRef="USD">65000000</mbi:StatutoryAccountingPracticesSurplus>
  <mbi:ReleaseFromTaxSharingAgreementEscrowAccount contextRef="FROM_Jan13_2015_TO_Jan13_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember" decimals="-6" id="ID_4017" unitRef="USD">228000000</mbi:ReleaseFromTaxSharingAgreementEscrowAccount>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_4018" unitRef="USD">22000000</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax>
  <us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_4019" unitRef="USD">59000000</us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings>
  <us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings contextRef="AS_OF_Dec31_2013_Entity_0000814585" decimals="-6" id="ID_4020" unitRef="USD">48000000</us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings>
  <mbi:SurplusNotesWeightedAveragePricePerUnit contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="2" id="ID_4021" unitRef="USD_per_Unit">77.08</mbi:SurplusNotesWeightedAveragePricePerUnit>
  <dei:EntityCommonStockSharesOutstanding contextRef="AS_OF_Feb26_2015_Entity_0000814585" decimals="0" id="ID_4022" unitRef="shares">185663370</dei:EntityCommonStockSharesOutstanding>
  <link:footnoteLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns="http://www.w3.org/1999/xhtml">
    <link:loc xlink:href="#ID_1190" xlink:label="loc_ID_1190_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1190_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_0" xlink:label="lbl_footnote_0" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>An issue represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2004" xlink:label="loc_ID_2004_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2004_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_453" xlink:label="loc_ID_453_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_453_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_452" xlink:label="loc_ID_452_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_452_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_134" xlink:label="loc_ID_134_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_134_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1559" xlink:label="loc_ID_1559_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1559_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_46" xlink:label="loc_ID_46_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_46_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_137" xlink:label="loc_ID_137_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_137_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1207" xlink:label="loc_ID_1207_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1207_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_782" xlink:label="loc_ID_782_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_782_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2142" xlink:label="loc_ID_2142_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2142_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_1" xlink:label="lbl_footnote_1" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1525" xlink:label="loc_ID_1525_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1525_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_939" xlink:label="loc_ID_939_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_939_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1555" xlink:label="loc_ID_1555_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1555_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_43" xlink:label="loc_ID_43_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_43_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1554" xlink:label="loc_ID_1554_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1554_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_135" xlink:label="loc_ID_135_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_135_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_406" xlink:label="loc_ID_406_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_406_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1182" xlink:label="loc_ID_1182_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1182_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_188" xlink:label="loc_ID_188_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_188_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_235" xlink:label="loc_ID_235_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_235_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_779" xlink:label="loc_ID_779_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_779_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1100" xlink:label="loc_ID_1100_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1100_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_236" xlink:label="loc_ID_236_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_236_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_454" xlink:label="loc_ID_454_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_454_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1194" xlink:label="loc_ID_1194_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1194_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_943" xlink:label="loc_ID_943_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_943_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1104" xlink:label="loc_ID_1104_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1104_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_240" xlink:label="loc_ID_240_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_240_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_348" xlink:label="loc_ID_348_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_348_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_783" xlink:label="loc_ID_783_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_783_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_409" xlink:label="loc_ID_409_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_409_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_136" xlink:label="loc_ID_136_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_136_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1783" xlink:label="loc_ID_1783_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1783_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_455" xlink:label="loc_ID_455_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_455_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_456" xlink:label="loc_ID_456_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_456_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_942" xlink:label="loc_ID_942_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_942_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_158" xlink:label="loc_ID_158_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_158_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2007" xlink:label="loc_ID_2007_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2007_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_410" xlink:label="loc_ID_410_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_410_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1102" xlink:label="loc_ID_1102_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1102_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_2" xlink:label="lbl_footnote_2" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_237" xlink:label="loc_ID_237_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_237_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1556" xlink:label="loc_ID_1556_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1556_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_407" xlink:label="loc_ID_407_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_407_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1101" xlink:label="loc_ID_1101_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1101_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1529" xlink:label="loc_ID_1529_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1529_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1530" xlink:label="loc_ID_1530_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1530_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2145" xlink:label="loc_ID_2145_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2145_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2147" xlink:label="loc_ID_2147_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2147_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1105" xlink:label="loc_ID_1105_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1105_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_353" xlink:label="loc_ID_353_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_353_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_3" xlink:label="lbl_footnote_3" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily changes in amount and timing of payments.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_345" xlink:label="loc_ID_345_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_345_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1111" xlink:label="loc_ID_1111_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1111_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_4" xlink:label="lbl_footnote_4" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily changes in amount and timing of collections.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_414" xlink:label="loc_ID_414_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_414_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_247" xlink:label="loc_ID_247_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_247_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_951" xlink:label="loc_ID_951_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_951_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1568" xlink:label="loc_ID_1568_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1568_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2153" xlink:label="loc_ID_2153_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2153_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1537" xlink:label="loc_ID_1537_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1537_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_5" xlink:label="lbl_footnote_5" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within "Other assets" on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_789" xlink:label="loc_ID_789_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_789_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_162" xlink:label="loc_ID_162_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_162_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1787" xlink:label="loc_ID_1787_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1787_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1570" xlink:label="loc_ID_1570_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1570_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1202" xlink:label="loc_ID_1202_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1202_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_166" xlink:label="loc_ID_166_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_166_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1539" xlink:label="loc_ID_1539_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1539_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1594" xlink:label="loc_ID_1594_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1594_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_465" xlink:label="loc_ID_465_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_465_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1117" xlink:label="loc_ID_1117_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1117_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_297" xlink:label="loc_ID_297_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_297_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1898" xlink:label="loc_ID_1898_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1898_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1914" xlink:label="loc_ID_1914_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1914_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_990" xlink:label="loc_ID_990_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_990_0" xlink:order="19" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_163" xlink:label="loc_ID_163_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_163_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_6" xlink:label="lbl_footnote_6" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within "Other liabilities" on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1569" xlink:label="loc_ID_1569_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1569_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1789" xlink:label="loc_ID_1789_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1789_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_466" xlink:label="loc_ID_466_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_466_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_418" xlink:label="loc_ID_418_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_418_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2158" xlink:label="loc_ID_2158_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2158_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2024" xlink:label="loc_ID_2024_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2024_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_7" xlink:label="lbl_footnote_7" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents unrealized gains or losses on other than temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_302" xlink:label="loc_ID_302_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_302_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1249" xlink:label="loc_ID_1249_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1249_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1600" xlink:label="loc_ID_1600_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1600_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1232" xlink:label="loc_ID_1232_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1232_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1547" xlink:label="loc_ID_1547_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1547_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_665" xlink:label="loc_ID_665_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_665_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_799" xlink:label="loc_ID_799_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_799_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_65" xlink:label="loc_ID_65_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_65_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1802" xlink:label="loc_ID_1802_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1802_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_365" xlink:label="loc_ID_365_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_365_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2169" xlink:label="loc_ID_2169_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2169_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1123" xlink:label="loc_ID_1123_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1123_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_174" xlink:label="loc_ID_174_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_174_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_963" xlink:label="loc_ID_963_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_963_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1604" xlink:label="loc_ID_1604_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1604_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2030" xlink:label="loc_ID_2030_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2030_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1237" xlink:label="loc_ID_1237_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1237_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1574" xlink:label="loc_ID_1574_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1574_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_178" xlink:label="loc_ID_178_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_178_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_430" xlink:label="loc_ID_430_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_430_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_670" xlink:label="loc_ID_670_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_670_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1253" xlink:label="loc_ID_1253_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1253_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_70" xlink:label="loc_ID_70_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_70_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_803" xlink:label="loc_ID_803_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_803_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2175" xlink:label="loc_ID_2175_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2175_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2174" xlink:label="loc_ID_2174_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2174_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_307" xlink:label="loc_ID_307_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_307_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1808" xlink:label="loc_ID_1808_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1808_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_71" xlink:label="loc_ID_71_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_71_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_308" xlink:label="loc_ID_308_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_308_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1266" xlink:label="loc_ID_1266_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1266_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_8" xlink:label="lbl_footnote_8" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes investments insured by MBIA Corp. and National.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_687" xlink:label="loc_ID_687_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_687_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_504" xlink:label="loc_ID_504_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_504_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_325" xlink:label="loc_ID_325_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_325_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_216" xlink:label="loc_ID_216_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_216_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1829" xlink:label="loc_ID_1829_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1829_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1590" xlink:label="loc_ID_1590_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1590_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1665" xlink:label="loc_ID_1665_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1665_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1008" xlink:label="loc_ID_1008_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1008_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1590_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_9" xlink:label="lbl_footnote_9" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2053" xlink:label="loc_ID_2053_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2053_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1302" xlink:label="loc_ID_1302_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1302_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1665_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_529" xlink:label="loc_ID_529_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_529_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_326" xlink:label="loc_ID_326_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_326_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1008_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1666" xlink:label="loc_ID_1666_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1666_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1303" xlink:label="loc_ID_1303_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1303_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_327" xlink:label="loc_ID_327_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_327_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1308" xlink:label="loc_ID_1308_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1308_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_10" xlink:label="lbl_footnote_10" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Companys embedded derivative instruments is determined by the location of the related host contract</div>
    </link:footnote>
    <link:loc xlink:href="#ID_535" xlink:label="loc_ID_535_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_535_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1014" xlink:label="loc_ID_1014_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1014_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1015" xlink:label="loc_ID_1015_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1015_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1345" xlink:label="loc_ID_1345_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1345_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_334" xlink:label="loc_ID_334_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_334_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1346" xlink:label="loc_ID_1346_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1346_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1309" xlink:label="loc_ID_1309_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1309_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_842" xlink:label="loc_ID_842_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_842_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_335" xlink:label="loc_ID_335_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_335_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1016" xlink:label="loc_ID_1016_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1016_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_223" xlink:label="loc_ID_223_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_223_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_695" xlink:label="loc_ID_695_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_695_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2205" xlink:label="loc_ID_2205_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2205_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1673" xlink:label="loc_ID_1673_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1673_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_104" xlink:label="loc_ID_104_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_104_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1347" xlink:label="loc_ID_1347_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1347_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_512" xlink:label="loc_ID_512_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_512_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_664" xlink:label="loc_ID_664_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_664_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_400" xlink:label="loc_ID_400_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_400_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_11" xlink:label="lbl_footnote_11" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Investments on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_181" xlink:label="loc_ID_181_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_181_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_776" xlink:label="loc_ID_776_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_776_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1996" xlink:label="loc_ID_1996_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1996_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1776" xlink:label="loc_ID_1776_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1776_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_184" xlink:label="loc_ID_184_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_184_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1179" xlink:label="loc_ID_1179_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1179_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1523" xlink:label="loc_ID_1523_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1523_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1187" xlink:label="loc_ID_1187_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1187_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_41" xlink:label="loc_ID_41_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_41_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1175" xlink:label="loc_ID_1175_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1175_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_12" xlink:label="lbl_footnote_12" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Premiums receivable on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2135" xlink:label="loc_ID_2135_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2135_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1773" xlink:label="loc_ID_1773_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1773_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_38" xlink:label="loc_ID_38_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_38_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_126" xlink:label="loc_ID_126_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_126_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1096" xlink:label="loc_ID_1096_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1096_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1997" xlink:label="loc_ID_1997_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1997_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1520" xlink:label="loc_ID_1520_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1520_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_403" xlink:label="loc_ID_403_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_403_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1098" xlink:label="loc_ID_1098_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1098_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1099" xlink:label="loc_ID_1099_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1099_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_936" xlink:label="loc_ID_936_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_936_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_937" xlink:label="loc_ID_937_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_937_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1552" xlink:label="loc_ID_1552_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1552_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_129" xlink:label="loc_ID_129_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_129_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1777" xlink:label="loc_ID_1777_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1777_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_934" xlink:label="loc_ID_934_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_934_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_13" xlink:label="lbl_footnote_13" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Insurance loss recoverable on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2136" xlink:label="loc_ID_2136_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2136_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1550" xlink:label="loc_ID_1550_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1550_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2137" xlink:label="loc_ID_2137_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2137_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_234" xlink:label="loc_ID_234_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_234_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_185" xlink:label="loc_ID_185_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_185_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1180" xlink:label="loc_ID_1180_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1180_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2140" xlink:label="loc_ID_2140_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2140_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_39" xlink:label="loc_ID_39_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_39_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_14" xlink:label="lbl_footnote_14" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Unearned premium revenue on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_777" xlink:label="loc_ID_777_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_777_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1521" xlink:label="loc_ID_1521_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1521_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1176" xlink:label="loc_ID_1176_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1176_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1186" xlink:label="loc_ID_1186_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1186_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1998" xlink:label="loc_ID_1998_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1998_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_182" xlink:label="loc_ID_182_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_182_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_232" xlink:label="loc_ID_232_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_232_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_42" xlink:label="loc_ID_42_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_42_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_130" xlink:label="loc_ID_130_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_130_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_131" xlink:label="loc_ID_131_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_131_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_449" xlink:label="loc_ID_449_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_449_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_450" xlink:label="loc_ID_450_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_450_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2001" xlink:label="loc_ID_2001_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2001_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1778" xlink:label="loc_ID_1778_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1778_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2000" xlink:label="loc_ID_2000_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2000_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2134" xlink:label="loc_ID_2134_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2134_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_15" xlink:label="lbl_footnote_15" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Derivative liabilities on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1774" xlink:label="loc_ID_1774_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1774_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_401" xlink:label="loc_ID_401_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_401_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1779" xlink:label="loc_ID_1779_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1779_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_186" xlink:label="loc_ID_186_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_186_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1524" xlink:label="loc_ID_1524_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1524_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2141" xlink:label="loc_ID_2141_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2141_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2098" xlink:label="loc_ID_2098_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2098_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_16" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_16" xlink:label="lbl_footnote_16" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Midpoint of cash flows are used for the weighted average.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1072" xlink:label="loc_ID_1072_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1072_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_17" xlink:label="lbl_footnote_17" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_979" xlink:label="loc_ID_979_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_979_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1436" xlink:label="loc_ID_1436_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1436_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_602" xlink:label="loc_ID_602_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_602_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_890" xlink:label="loc_ID_890_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_890_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_891" xlink:label="loc_ID_891_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_891_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_604" xlink:label="loc_ID_604_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_604_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1076" xlink:label="loc_ID_1076_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1076_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1751" xlink:label="loc_ID_1751_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1751_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1879" xlink:label="loc_ID_1879_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1879_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2256" xlink:label="loc_ID_2256_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2256_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2220" xlink:label="loc_ID_2220_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2220_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1446" xlink:label="loc_ID_1446_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1446_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1448" xlink:label="loc_ID_1448_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1448_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_369" xlink:label="loc_ID_369_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_369_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_750" xlink:label="loc_ID_750_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_750_0" xlink:order="19" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1036" xlink:label="loc_ID_1036_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1036_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1712" xlink:label="loc_ID_1712_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1712_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_367" xlink:label="loc_ID_367_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_367_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2114" xlink:label="loc_ID_2114_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2114_0" xlink:order="23" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_658" xlink:label="loc_ID_658_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_658_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1755" xlink:label="loc_ID_1755_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1755_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1950" xlink:label="loc_ID_1950_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1950_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1754" xlink:label="loc_ID_1754_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1754_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1949" xlink:label="loc_ID_1949_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1949_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_724" xlink:label="loc_ID_724_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_724_0" xlink:order="29" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_640" xlink:label="loc_ID_640_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_640_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_18" xlink:label="lbl_footnote_18" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily relates to the deconsolidation of VIEs.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_262" xlink:label="loc_ID_262_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_262_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_846" xlink:label="loc_ID_846_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_846_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_19" xlink:label="lbl_footnote_19" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to intercompany receivables and payables and intercompany loans.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1627" xlink:label="loc_ID_1627_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1627_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2219" xlink:label="loc_ID_2219_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2219_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2074" xlink:label="loc_ID_2074_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2074_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1363" xlink:label="loc_ID_1363_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1363_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1839" xlink:label="loc_ID_1839_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1839_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_276" xlink:label="loc_ID_276_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_276_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_547" xlink:label="loc_ID_547_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_547_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1977" xlink:label="loc_ID_1977_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1977_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1902" xlink:label="loc_ID_1902_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1902_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_20" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_20" xlink:label="lbl_footnote_20" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Loss and loss adjustment expense reserves on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_127" xlink:label="loc_ID_127_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_127_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_20" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_446" xlink:label="loc_ID_446_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_446_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_20" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_447" xlink:label="loc_ID_447_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_447_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_20" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2267" xlink:label="loc_ID_2267_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2267_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_21" xlink:label="lbl_footnote_21" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents the gain on the debt received as consideration in connection with the settlement with Bank of America.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2281" xlink:label="loc_ID_2281_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2281_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_22" xlink:label="lbl_footnote_22" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2408" xlink:label="loc_ID_2408_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2408_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_23" xlink:label="lbl_footnote_23" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes investor owned utilities, industrial development and pollution control revenue bonds.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2409" xlink:label="loc_ID_2409_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2409_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2424" xlink:label="loc_ID_2424_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2424_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_24" xlink:label="lbl_footnote_24" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2425" xlink:label="loc_ID_2425_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2425_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2426" xlink:label="loc_ID_2426_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2426_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_25" xlink:label="lbl_footnote_25" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes municipal owned entities backed by sponsoring local government.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2427" xlink:label="loc_ID_2427_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2427_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2543" xlink:label="loc_ID_2543_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2543_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_26" xlink:label="lbl_footnote_26" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO structuring characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2546" xlink:label="loc_ID_2546_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2546_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2640" xlink:label="loc_ID_2640_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2640_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_27" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_27" xlink:label="lbl_footnote_27" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Callable on or after August 15, 2006 at 100.00.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2641" xlink:label="loc_ID_2641_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2641_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_27" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2642" xlink:label="loc_ID_2642_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2642_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_28" xlink:label="lbl_footnote_28" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Callable anytime at the greater of 100.00 or the present value of the remaining scheduled  payments of principal and interest.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2643" xlink:label="loc_ID_2643_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2643_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2644" xlink:label="loc_ID_2644_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2644_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_29" xlink:label="lbl_footnote_29" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2645" xlink:label="loc_ID_2645_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2645_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2726" xlink:label="loc_ID_2726_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2726_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2727" xlink:label="loc_ID_2727_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2727_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2728" xlink:label="loc_ID_2728_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2728_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2729" xlink:label="loc_ID_2729_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2729_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2730" xlink:label="loc_ID_2730_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2730_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2731" xlink:label="loc_ID_2731_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2731_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2732" xlink:label="loc_ID_2732_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2732_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2770" xlink:label="loc_ID_2770_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2770_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_30" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_30" xlink:label="lbl_footnote_30" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Amounts reflect principal due at maturity for notes issued at a discount or premium.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2760" xlink:label="loc_ID_2760_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2760_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_31" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_31" xlink:label="lbl_footnote_31" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Amounts reflect principal due at maturity for presented in investment agreements issued at a discount.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2840" xlink:label="loc_ID_2840_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2840_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_32" xlink:label="lbl_footnote_32" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Net gains (losses) of financial instruments at fair value and foreign exchange on MBIA's consolidated statements of operations.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_170" xlink:label="loc_ID_170_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_170_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_907" xlink:label="loc_ID_907_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_907_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_33" xlink:label="lbl_footnote_33" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Net gains (losses) of financial instruments at fair value and foreign exchange-VIE on MBIA's consolidated statements of operations.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2844" xlink:label="loc_ID_2844_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2844_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2841" xlink:label="loc_ID_2841_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2841_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2842" xlink:label="loc_ID_2842_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2842_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2843" xlink:label="loc_ID_2843_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2843_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1953" xlink:label="loc_ID_1953_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1953_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_423" xlink:label="loc_ID_423_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_423_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1979" xlink:label="loc_ID_1979_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1979_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1636" xlink:label="loc_ID_1636_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1636_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_34" xlink:label="lbl_footnote_34" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1371" xlink:label="loc_ID_1371_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1371_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2467" xlink:label="loc_ID_2467_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2467_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3290" xlink:label="loc_ID_3290_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3290_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3292" xlink:label="loc_ID_3292_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3292_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3295" xlink:label="loc_ID_3295_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3295_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3296" xlink:label="loc_ID_3296_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3296_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3273" xlink:label="loc_ID_3273_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3273_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3284" xlink:label="loc_ID_3284_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3284_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3301" xlink:label="loc_ID_3301_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3301_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3304" xlink:label="loc_ID_3304_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3304_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_567" xlink:label="loc_ID_567_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_567_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_35" xlink:label="lbl_footnote_35" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1378" xlink:label="loc_ID_1378_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1378_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3411" xlink:label="loc_ID_3411_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3411_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1043" xlink:label="loc_ID_1043_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1043_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3415" xlink:label="loc_ID_3415_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3415_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2061" xlink:label="loc_ID_2061_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2061_0" xlink:order="23" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3419" xlink:label="loc_ID_3419_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3419_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1353" xlink:label="loc_ID_1353_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1353_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_293" xlink:label="loc_ID_293_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_293_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_515" xlink:label="loc_ID_515_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_515_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_36" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_36" xlink:label="lbl_footnote_36" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3485" xlink:label="loc_ID_3485_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3485_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_36" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_699" xlink:label="loc_ID_699_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_699_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_845" xlink:label="loc_ID_845_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_845_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3409" xlink:label="loc_ID_3409_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3409_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_139" xlink:label="loc_ID_139_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_139_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3403" xlink:label="loc_ID_3403_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3403_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1277" xlink:label="loc_ID_1277_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1277_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2076" xlink:label="loc_ID_2076_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2076_0" xlink:order="29" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3406" xlink:label="loc_ID_3406_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3406_0" xlink:order="30" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_700" xlink:label="loc_ID_700_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_700_0" xlink:order="31" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_549" xlink:label="loc_ID_549_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_549_0" xlink:order="32" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3451" xlink:label="loc_ID_3451_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3451_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3422" xlink:label="loc_ID_3422_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3422_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3437" xlink:label="loc_ID_3437_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3437_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3468" xlink:label="loc_ID_3468_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3468_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_37" xlink:label="lbl_footnote_37" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to  intercompany receivables and payables.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3470" xlink:label="loc_ID_3470_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3470_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3454" xlink:label="loc_ID_3454_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3454_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3428" xlink:label="loc_ID_3428_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3428_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3462" xlink:label="loc_ID_3462_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3462_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3458" xlink:label="loc_ID_3458_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3458_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3434" xlink:label="loc_ID_3434_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3434_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3465" xlink:label="loc_ID_3465_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3465_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3443" xlink:label="loc_ID_3443_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3443_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3448" xlink:label="loc_ID_3448_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3448_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3490" xlink:label="loc_ID_3490_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3490_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_38" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_38" xlink:label="lbl_footnote_38" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Consists of intercompany reinsurance balances, repurchase agreements and loans.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3275" xlink:label="loc_ID_3275_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3275_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_39" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_39" xlink:label="lbl_footnote_39" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes certain non-profit enterprises, stadium related financing and student loans.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2412" xlink:label="loc_ID_2412_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2412_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_39" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3286" xlink:label="loc_ID_3286_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3286_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_39" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2413" xlink:label="loc_ID_2413_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2413_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_39" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3777" xlink:label="loc_ID_3777_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3777_0" xlink:order="19" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3778" xlink:label="loc_ID_3778_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3778_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3784" xlink:label="loc_ID_3784_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3784_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3785" xlink:label="loc_ID_3785_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3785_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3797" xlink:label="loc_ID_3797_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3797_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3798" xlink:label="loc_ID_3798_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3798_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3791" xlink:label="loc_ID_3791_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3791_0" xlink:order="19" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3792" xlink:label="loc_ID_3792_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3792_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3814" xlink:label="loc_ID_3814_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3814_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3815" xlink:label="loc_ID_3815_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3815_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3807" xlink:label="loc_ID_3807_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3807_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3808" xlink:label="loc_ID_3808_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3808_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3696" xlink:label="loc_ID_3696_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3696_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_40" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_40" xlink:label="lbl_footnote_40" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes $5.3 billion and $5.5 billion of structured insurance securitizations as of December 31, 2014 and 2013, respectively.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3697" xlink:label="loc_ID_3697_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3697_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_40" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2934" xlink:label="loc_ID_2934_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2934_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_41" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_41" xlink:label="lbl_footnote_41" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2554" xlink:label="loc_ID_2554_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2554_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_41" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3941" xlink:label="loc_ID_3941_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3941_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_41" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_295" xlink:label="loc_ID_295_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_295_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1965" xlink:label="loc_ID_1965_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1965_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_169" xlink:label="loc_ID_169_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_169_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2263" xlink:label="loc_ID_2263_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2263_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3944" xlink:label="loc_ID_3944_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3944_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_294" xlink:label="loc_ID_294_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_294_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1224" xlink:label="loc_ID_1224_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1224_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_906" xlink:label="loc_ID_906_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_906_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_593" xlink:label="loc_ID_593_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_593_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_594" xlink:label="loc_ID_594_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_594_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2597" xlink:label="loc_ID_2597_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2597_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_42" xlink:label="lbl_footnote_42" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be required to sell the security before recovery of the security's amortized cost.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2598" xlink:label="loc_ID_2598_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2598_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2599" xlink:label="loc_ID_2599_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2599_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3996" xlink:label="loc_ID_3996_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3996_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_43" xlink:label="lbl_footnote_43" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes ABS CDOs, CMBS, U.S. public finance and other issues.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3993" xlink:label="loc_ID_3993_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3993_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3990" xlink:label="loc_ID_3990_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3990_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_4013" xlink:label="loc_ID_4013_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_4013_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_44" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_44" xlink:label="lbl_footnote_44" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.</div>
    </link:footnote>
  </link:footnoteLink>
</xbrli:xbrl>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>11
<FILENAME>mbi-20141231.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.2 Using Fujitsu -->
<!-- Validation status: Passed -->
<schema targetNamespace="http://www.mbia.com/20141231" elementFormDefault="qualified" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:mbi="http://www.mbia.com/20141231" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:us-types="http://fasb.org/us-types/2013-01-31" xmlns:invest="http://xbrl.sec.gov/invest/2013-01-31">
  <annotation>
    <appinfo>
      <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20141231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20141231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20141231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20141231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:roleType roleURI="http://www.mbia.com/role/DocumentDocumentAndEntityInformation" id="ELRID_DocumentDocumentAndEntityInformation">
        <link:definition>000001 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" id="ELRID_ConsolidatedBalanceSheets">
        <link:definition>000002 - Statement - Consolidated Balance Sheets</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical" id="ELRID_StatementConsolidatedBalanceSheetsParenthetical">
        <link:definition>000003 - Statement - Consolidated Balance Sheets (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" id="ELRID_ConsolidatedStatementsOfOperations">
        <link:definition>000004 - Statement - Consolidated Statements Of Operations</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical" id="ELRID_ConsolidatedStatementsOfOperationsParenthetical">
        <link:definition>000005 - Statement - Consolidated Statements Of Operations (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfComprehensiveIncomeLoss" id="ELRID_ConsolidatedStatementOfComprehensiveIncomeLoss">
        <link:definition>000006 - Statement - Consolidated Statement Of Comprehensive Income (Loss)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity" id="ELRID_ConsolidatedStatementOfChangesInShareholdersEquity">
        <link:definition>000007 - Statement - Consolidated Statement Of Changes In Shareholders' Equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical" id="ELRID_ConsolidatedStatementOfChangesInShareholdersEquityParenthetical">
        <link:definition>000008 - Statement - Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows" id="ELRID_ConsolidatedStatementsOfCashFlows">
        <link:definition>000009 - Statement - Consolidated Statements Of Cash Flows</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties" id="ELRID_DisclosureBusinessDevelopmentsAndRisksAndUncertainties">
        <link:definition>101000 - Disclosure - Business Developments and Risks and Uncertainties</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPolicies" id="ELRID_DisclosureSignificantAccountingPolicies">
        <link:definition>102000 - Disclosure - Significant Accounting Policies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureRecentAccountingPronouncements" id="ELRID_DisclosureRecentAccountingPronouncements">
        <link:definition>103000 - Disclosure - Recent Accounting Pronouncements</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntities" id="ELRID_VariableInterestEntities">
        <link:definition>104000 - Disclosure - Variable Interest Entities</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReserves">
        <link:definition>106000 - Disclosure - Loss and Loss Adjustment Expense Reserves</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments" id="ELRID_DisclosureFairValueOfFinancialInstruments">
        <link:definition>107000 - Disclosure - Fair Value Of Financial Instruments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestments" id="ELRID_DisclosureInvestments">
        <link:definition>108000 - Disclosure - Investments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstruments" id="ELRID_DisclosureDerivativeInstruments">
        <link:definition>109000 - Disclosure - Derivative Instruments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxes" id="ELRID_DisclosureIncomeTaxes">
        <link:definition>111000 - Disclosure - Income Taxes</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessSegments" id="ELRID_BusinessSegments">
        <link:definition>112000 - Disclosure - Business Segments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShare" id="ELRID_DisclosureEarningsPerShare">
        <link:definition>117000 - Disclosure - Earnings Per Share</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingencies" id="ELRID_DisclosureCommitmentsAndContingencies">
        <link:definition>121000 - Disclosure - Commitments and Contingencies</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureSubsequentEvents" id="ELRID_DisclosureSubsequentEvents">
        <link:definition>122000 - Disclosure - Subsequent Events</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies" id="ELRID_SignificantAccountingPoliciesPolicies">
        <link:definition>200000 - Disclosure - Significant Accounting Policies (Policies)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesTables">
        <link:definition>301000 - Disclosure - Business Developments and Risks and Uncertainties (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/VariableInterestEntitiesTables" id="ELRID_DisclosureVariableInterestEntitiesTables">
        <link:definition>304000 - Disclosure - Variable Interest Entities (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesTables">
        <link:definition>306000 - Disclosure - Loss and Loss Adjustment Expense Reserves (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables" id="ELRID_DisclosureFairValueOfFinancialInstrumentsTables">
        <link:definition>307000 - Disclosure - Fair Value of Financial Instruments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsTables" id="ELRID_DisclosureInvestmentsTables">
        <link:definition>308000 - Disclosure - Investments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables" id="ELRID_DisclosureDerivativeInstrumentsTables">
        <link:definition>309000 - Disclosure - Derivative Instruments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesTables" id="ELRID_DisclosureIncomeTaxesTables">
        <link:definition>311000 - Disclosure - Income Taxes (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsTables" id="ELRID_DisclosureBusinessSegmentsTables">
        <link:definition>312000 - Disclosure - Business Segments (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareTables" id="ELRID_DisclosureEarningsPerShareTables">
        <link:definition>317000 - Disclosure - Earnings Per Share (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail">
        <link:definition>401001 - Disclosure - Business Developments And Risks And Uncertainties (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" id="ELRID_VariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail">
        <link:definition>404002 - Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail" id="ELRID_VariableInterestEntitiesNarrativeDetail">
        <link:definition>404001 - Disclosure - Variable Interest Entities (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail">
        <link:definition>406003 - Disclosure - Loss And Loss Adjustment Expense Reserves (Summary Of Credit Impairments Related To Derivatives) (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail">
        <link:definition>406001 - Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail">
        <link:definition>406002 - Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Recoveries) (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail">
        <link:definition>406004 - Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
        <link:definition>406005 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <link:definition>406006 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail">
        <link:definition>406007 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail" id="mbi_ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail">
        <link:definition>406008 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Before The Elimination Of Amounts Related To Consolidated VIE's) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail">
        <link:definition>406009 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail">
        <link:definition>406010 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail">
        <link:definition>406011 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Total Estimated Recoveries From Ineligible Second-Lien Mortgage Loans) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail">
        <link:definition>406012 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Expenses Related To Remedial Actions For Insured Obligations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" id="ELRID_DisclosureFairValueOfFinancialInstrumentsNarrativeDetail">
        <link:definition>407001 - Disclosure - Fair Value Of Financial Instruments (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" id="ELRID_DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <link:definition>407002 - Disclosure - Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" id="ELRID_FairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail">
        <link:definition>407003 - Disclosure - Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" id="ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <link:definition>407004 - Disclosure - Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" id="ELRID_FairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <link:definition>407005 - Disclosure - Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" id="ELRID_DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <link:definition>407006 - Disclosure - Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" id="ELRID_FairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail">
        <link:definition>407007 - Disclosure - Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" id="ELRID_DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail">
        <link:definition>407008 - Disclosure - Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail" id="ELRID_InvestmentsNarrativeDetail">
        <link:definition>408001 - Disclosure - Investments (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" id="ELRID_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail">
        <link:definition>408006 - Disclosure - Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" id="ELRID_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail">
        <link:definition>408010 - Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail" id="ELRID_InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail">
        <link:definition>408012 - Disclosure - Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail" id="ELRID_DisclosureInvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail">
        <link:definition>408011 - Disclosure - Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail" id="ELRID_DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail">
        <link:definition>408009 - Disclosure - Investments (Summary Of Significant Inputs Considered In Determining The Measurement Of Credit Losses On Securities) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail" id="ELRID_DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail">
        <link:definition>408004 - Disclosure - Investments (Net Unrealized Gains (Losses) Included In Accumulated Other Comprehensive Income (Loss)) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail" id="ELRID_DerivativeInstrumentsCreditDerivativesSoldDetail">
        <link:definition>409002 - Disclosure - Derivative Instruments (Credit Derivatives Sold) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail" id="ELRID_DerivativeInstrumentsNarrativeDetail">
        <link:definition>409001 - Disclosure - Derivative Instruments (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" id="ELRID_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <link:definition>409003 - Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" id="ELRID_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail">
        <link:definition>409004 - Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail" id="ELRID_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail">
        <link:definition>411002 - Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail" id="ELRID_IncomeTaxesNarrativeDetail">
        <link:definition>411001 - Disclosure - Income Taxes (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/IncomeTaxesChangeInUnrecognizedTaxBenefitsDetail" id="ELRID_IncomeTaxesChangeInUnrecognizedTaxBenefitsDetail">
        <link:definition>411007 - Disclosure - Income Taxes (Change In Unrecognized Tax Benefits) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" id="ELRID_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail">
        <link:definition>412003 - Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" id="ELRID_EarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail">
        <link:definition>417002 - Disclosure - Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail" id="ELRID_CommitmentsAndContingenciesNarrativeDetail">
        <link:definition>421001 - Disclosure - Commitments and Contingencies (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail" id="ELRID_IncomeTaxesIncomeTaxesAndShareholdersEquityDetail">
        <link:definition>411004 - Disclosure - Income Taxes (Income Taxes and Shareholders' Equity) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" id="ELRID_DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail">
        <link:definition>411005 - Disclosure - Income Taxes (Income Tax Rate Reconciliation) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" id="ELRID_IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail">
        <link:definition>411006 - Disclosure - Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" id="ELRID_DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail">
        <link:definition>411003 - Disclosure - Income Taxes (Income before Income Taxes) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail" id="ELRID_EarningsPerShareNarrativeDetail">
        <link:definition>417001 - Disclosure - Earnings Per Share (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" id="ELRID_DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <link:definition>408002 - Disclosure - Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" id="ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <link:definition>408003 - Disclosure - Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" id="ELRID_DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <link:definition>408005 - Disclosure - Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail" id="ELRID_InvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail">
        <link:definition>408007 - Disclosure - Investments (Credit Ratings Of Asset-Backed And Mortgage-Backed Securities And Corporate Obligations In Available-For-Sale Investments For Which Fair Value Was Less Than Amortized Cost) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail" id="ELRID_InvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail">
        <link:definition>408008 - Disclosure - Investments (Average Credit Ratings For Securities Rated Below Investment Grade Without The Effect Of Financial Guarantees) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables" id="ELRID_DisclosureSignificantAccountingPoliciesTables">
        <link:definition>302000 - Disclosure - Significant Accounting Policies (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" id="ELRID_SignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails">
        <link:definition>402002 - Disclosure - Significant Accounting Policies (Useful Lives Of Each Class Of Assets) (Details)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail" id="ELRID_SignificantAccountingPoliciesNarrativeDetail">
        <link:definition>402001 - Disclosure - Significant Accounting Policies (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome" id="ELRID_DisclosureAccumulatedOtherComprehensiveIncome">
        <link:definition>119000 - Disclosure - Accumulated Other Comprehensive Income</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables" id="ELRID_DisclosureAccumulatedOtherComprehensiveIncomeTables">
        <link:definition>319000 - Disclosure - Accumulated Other Comprehensive Income (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" id="ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <link:definition>419001 - Disclosure - Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" id="ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
        <link:definition>419002 - Disclosure - Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail" id="ELRID_BusinessSegmentsNarrativeDetail">
        <link:definition>412001 - Disclosure - Business Segments (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebt" id="ELRID_DisclosureDebt">
        <link:definition>110000 - Disclosure - Debt</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebtNarrativeDetail" id="ELRID_DebtNarrativeDetail">
        <link:definition>410001 - Disclosure - Debt (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiums" id="ELRID_DisclosureInsurancePremiums">
        <link:definition>105000 - Disclosure - Insurance Premiums</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsTables" id="ELRID_DisclosureInsurancePremiumsTables">
        <link:definition>305000 - Disclosure - Insurance Premiums (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsuranceInForce" id="ELRID_DisclosureInsuranceInForce">
        <link:definition>113000 - Disclosure - Insurance in Force</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividends" id="ELRID_InsuranceRegulationsAndDividends">
        <link:definition>114000 - Disclosure - Insurance Regulations and Dividends</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlans" id="ELRID_DisclosurePensionAndProfitSharingPlans">
        <link:definition>115000 - Disclosure - Pension and Profit- Sharing Plans</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/LongtermIncentivePlans" id="ELRID_DisclosureLongtermIncentivePlans">
        <link:definition>116000 - Disclosure - Long-term Incentive Plans</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/CommonAndPreferredStock" id="ELRID_DisclosureCommonAndPreferredStock">
        <link:definition>118000 - Disclosure - Common and Preferred Stock</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/RelatedPartyTransactions" id="ELRID_DisclosureRelatedPartyTransactions">
        <link:definition>120000 - Disclosure - Related Party Transactions</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail" id="ELRID_LongtermIncentivePlansNarrativeDetail">
        <link:definition>416001 - Disclosure - Long-term Incentive Plans (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" id="ELRID_DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail">
        <link:definition>416002 - Disclosure - Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" id="ELRID_DisclosureLongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail">
        <link:definition>416003 - Disclosure - Long-Term Incentive Plans (Number Of Restricted Share Awards Granted) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail" id="ELRID_LongTermIncentivePlansStockOptionsOutstandingDetail">
        <link:definition>416004 - Disclosure - Long-Term Incentive Plans (Stock Options Outstanding) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail" id="ELRID_LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail">
        <link:definition>416005 - Disclosure - Long-Term Incentive Plans (Outstanding And Exercisable Stock Options) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/LongtermIncentivePlansTables" id="ELRID_DisclosureLongtermIncentivePlansTables">
        <link:definition>316001 - Disclosure - Long-term Incentive Plans (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DebtTables" id="ELRID_DisclosureDebtTables">
        <link:definition>310000 - Disclosure - Debt (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" id="ELRID_DisclosureDebtLongTermDebtDetail">
        <link:definition>410002 - Disclosure - Debt (Long-Term Debt) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" id="ELRID_DebtAggregateMaturityOfDebtObligationsDetail">
        <link:definition>410003 - Disclosure - Debt (Aggregate Maturity Of Debt Obligations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" id="ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <link:definition>410004 - Disclosure - Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" id="ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
        <link:definition>412002 - Disclosure - Business Segments (Summary Of Company's Segment Results) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsuranceInForceTables" id="ELRID_DisclosureInsuranceInForceTables">
        <link:definition>313000 - Disclosure - Insurance In Force (Tables)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail" id="ELRID_DisclosureInsuranceInForceNarrativeDetail">
        <link:definition>413001 - Disclosure - Insurance in Force (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" id="ELRID_InsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail">
        <link:definition>413002 - Disclosure - Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail" id="ELRID_InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail">
        <link:definition>413003 - Disclosure - Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services Affiliated Companies) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" id="ELRID_InsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail">
        <link:definition>413004 - Disclosure - Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" id="ELRID_DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail">
        <link:definition>413005 - Disclosure - Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/ScheduleIIParentCompanyFinancials" id="ELRID_DisclosureScheduleIIParentCompanyFinancials">
        <link:definition>124000 - Disclosure - Schedule II- Parent Company Financials</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/ScheduleIInvestments" id="ELRID_DisclosureScheduleIInvestments">
        <link:definition>123000 - Disclosure - Schedule I- Investments</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/ScheduleIVReinsurance" id="ELRID_DisclosureScheduleIVReinsurance">
        <link:definition>125000 - Disclosure - Schedule IV - Reinsurance</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail" id="ELRID_DisclosureScheduleIInvestmentsDetail">
        <link:definition>423001 - Disclosure - Schedule I- Investments (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" id="ELRID_ScheduleIICondensedBalanceSheetsDetail">
        <link:definition>424001 - Disclosure - Schedule II (Condensed Balance Sheets) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/ScheduleIVReinsuranceDetail" id="ELRID_DisclosureScheduleIVReinsuranceDetail">
        <link:definition>425001 - Disclosure - Schedule IV - (Reinsurance) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" id="ELRID_DisclosureScheduleIICondensedStatementsOfOperationsDetail">
        <link:definition>424002 - Disclosure - Schedule II (Condensed Statements Of Operations) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" id="ELRID_ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail">
        <link:definition>424003 - Disclosure - Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" id="ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail">
        <link:definition>424004 - Disclosure - Schedule II - Condensed Statements Of Cash Flows (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail" id="ELRID_ScheduleIINotesToCondensedFinancialStatementsDetail">
        <link:definition>424005 - Disclosure - Schedule II - (Notes to Condensed Financial Statements) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail" id="ELRID_DisclosureInsurancePremiumsNarrativeDetail">
        <link:definition>405001 - Disclosure - Insurance Premiums (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail" id="ELRID_DisclosureInsurancePremiumsRollForwardOfPremiumsReceivableDetail">
        <link:definition>405002 - Disclosure - Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" id="ELRID_DisclosureInsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail">
        <link:definition>405003 - Disclosure - Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" id="ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <link:definition>405004 - Disclosure - Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail" id="ELRID_InsuranceRegulationsAndDividendsNarrativeDetail">
        <link:definition>414001 - Disclosure - Insurance Regulations And Dividends (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail" id="ELRID_PensionAndProfitSharingPlansNarrativeDetail">
        <link:definition>415001 - Disclosure - Pension And Profit Sharing Plans (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail" id="ELRID_DisclosureRelatedPartyTransactionsNarrativeDetail">
        <link:definition>420001 - Disclosure - Related Party Transactions (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail" id="ELRID_CommonAndPreferredStockNarrativeDetail">
        <link:definition>418001 - Disclosure - Common and Preferred Stock (Narrative) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail">
        <link:definition>401002 - Statement - Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </appinfo>
  </annotation>
  <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
  <import namespace="http://fasb.org/us-gaap/2013-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd" />
  <import namespace="http://xbrl.sec.gov/dei/2013-01-31" schemaLocation="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd" />
  <import namespace="http://xbrl.sec.gov/invest/2013-01-31" schemaLocation="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd" />
  <import namespace="http://xbrl.sec.gov/country/2013-01-31" schemaLocation="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd" />
  <import namespace="http://xbrl.sec.gov/stpr/2011-01-31" schemaLocation="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
  <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
  <import namespace="http://fasb.org/us-types/2013-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2013/elts/us-types-2013-01-31.xsd" />
  <element name="CdoPortfolioMember" id="mbi_CdoPortfolioMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" id="mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" id="mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" id="mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" id="mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" id="mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" id="mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" id="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" id="mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="AdjustmentGainsLossesOnExtinguishmentOfDebt" id="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="AdvisoryServicesMember" id="mbi_AdvisoryServicesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AggregateCdoLossAndLaeReserves" id="mbi_AggregateCdoLossAndLaeReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AggregateITDCreditImpairmentOnCmbsDerivatives" id="mbi_AggregateITDCreditImpairmentOnCmbsDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="AggregateOfEstimatedPotentialRecoveries" id="mbi_AggregateOfEstimatedPotentialRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AllOtherEmbeddedMember" id="mbi_AllOtherEmbeddedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AllOtherSecuritiesMember" id="mbi_AllOtherSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AllOtherVIEMember" id="mbi_AllOtherVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AltMember" id="mbi_AltMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" id="mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" id="mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" id="mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="AssetLiabilityProductsBusinessMember" id="mbi_AssetLiabilityProductsBusinessMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock" id="mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AssetLiabilityProductsMember" id="mbi_AssetLiabilityProductsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssetsOfConsolidatedVIEsMember" id="mbi_AssetsOfConsolidatedVIEsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssumedRollRateForLoans" id="mbi_AssumedRollRateForLoans" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" id="mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AssumptionForMeasurementOfCurrentSubordinationLevelsRange" id="mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AssumptionForMeasurementOfExpectedSizeOfLossesRange" id="mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AssumptionForMeasurementOfPrepaymentSpeedRange" id="mbi_AssumptionForMeasurementOfPrepaymentSpeedRange" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="BankruptcyMember" id="mbi_BankruptcyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BelowInvestmentGradeMember" id="mbi_BelowInvestmentGradeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BETValuationModelMember" id="mbi_BETValuationModelMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BreachRateMember" id="mbi_BreachRateMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CapitalLossesCarryForwardPeriodInYears" id="mbi_CapitalLossesCarryForwardPeriodInYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" id="mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="CautionListHighMember" id="mbi_CautionListHighMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CautionListLowMember" id="mbi_CautionListLowMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CautionListMediumMember" id="mbi_CautionListMediumMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CentralAndSouthAmericaMember" id="mbi_CentralAndSouthAmericaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" id="mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" id="mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" id="mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ChargedOffLoanRecoveryValue" id="mbi_ChargedOffLoanRecoveryValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ClaimLiabilityAxis" id="mbi_ClaimLiabilityAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClaimLiabilityDomain" id="mbi_ClaimLiabilityDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClaimPayments" id="mbi_ClaimPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ClassifiedListMember" id="mbi_ClassifiedListMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClassifiedMember" id="mbi_ClassifiedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClassifiedStatusAxis" id="mbi_ClassifiedStatusAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClassifiedStatusDomain" id="mbi_ClassifiedStatusDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CollectionsForCasesWithRecoveries" id="mbi_CollectionsForCasesWithRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="CommercialMortgageBackedSecuritiesSpreadsMember" id="mbi_CommercialMortgageBackedSecuritiesSpreadsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CommutedGrossInsuredExposure" id="mbi_CommutedGrossInsuredExposure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ConduitsMember" id="mbi_ConduitsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ConsumerAssetBackedMember" id="mbi_ConsumerAssetBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" id="mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="CorporateAssetBackedMember" id="mbi_CorporateAssetBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CorporateObligationMember" id="mbi_CorporateObligationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CorporateOperationsMember" id="mbi_CorporateOperationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CreditDerivativesMember" id="mbi_CreditDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CreditRatingAaaMember" id="mbi_CreditRatingAaaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CreditRatingAaMember" id="mbi_CreditRatingAaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CreditRatingBbbMember" id="mbi_CreditRatingBbbMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CreditRatingBelowInvestmentGradeMember" id="mbi_CreditRatingBelowInvestmentGradeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CreditRatingaMember" id="mbi_CreditRatingaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" id="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="CurrencyDerivativesMember" id="mbi_CurrencyDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CurrencySwapsVieMember" id="mbi_CurrencySwapsVieMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" id="mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" id="mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="DecreaseInPercentageOfCurrentRollToLossForTransaction" id="mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DeferredTaxAssetsUnrealizedLossesOnInvestments" id="mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DelinquencyBucketsDomain" id="mbi_DelinquencyBucketsDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DelinquencyPeriodAxis" id="mbi_DelinquencyPeriodAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" id="mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DerivativeAssetsMember" id="mbi_DerivativeAssetsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DerivativeAssetsVIEMember" id="mbi_DerivativeAssetsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" id="mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" id="mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" id="mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DerivativeLiabilitiesMember" id="mbi_DerivativeLiabilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DerivativeLiabilitiesOtherInvestmentsMember" id="mbi_DerivativeLiabilitiesOtherInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DerivativeLiabilitiesVIEMember" id="mbi_DerivativeLiabilitiesVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DerivativesCededUnderReinsuranceAgreements" id="mbi_DerivativesCededUnderReinsuranceAgreements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" id="mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DirectPriceModelMember" id="mbi_DirectPriceModelMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosedAtFairValueNotRecordedAtFairValueAxis" id="mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosedAtFairValueNotRecordedAtFairValueDomain" id="mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" id="mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" id="mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" id="mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" id="mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" id="mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureDerivativeInstrumentsNarrativeAbstract" id="mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" id="mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" id="mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" id="mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" id="mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" id="mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" id="mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" id="mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" id="mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementNarrativeAbstract" id="mbi_DisclosureFairValueMeasurementNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" id="mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" id="mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureIncomeTaxesNarrativeAbstract" id="mbi_DisclosureIncomeTaxesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" id="mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract" id="mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" id="mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" id="mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureInvestmentsNarrativeAbstract" id="mbi_DisclosureInvestmentsNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" id="mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureVariableInterestEntitiesNarrativeAbstract" id="mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" id="mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DiscountRateOfCreditImpairments" id="mbi_DiscountRateOfCreditImpairments" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DocumentDocumentandEntityInformationAbstract" id="mbi_DocumentDocumentandEntityInformationAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" id="mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="EstimatedInsuranceChangesOther" id="mbi_EstimatedInsuranceChangesOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="EstimatedInsuranceRecoveriesAccretionOfFutureCollections" id="mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="EstimatedInsuranceRecoveriesAfterIncomeTaxes" id="mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="EstimatedInsuranceRecoveriesChangeInAssumptions" id="mbi_EstimatedInsuranceRecoveriesChangeInAssumptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="EstimatedInsuranceRecoveriesChangeInDiscountRate" id="mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="EstimatedInsuranceRecoveriesCollections" id="mbi_EstimatedInsuranceRecoveriesCollections" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="EuropeExcludingUnitedKingdomMember" id="mbi_EuropeExcludingUnitedKingdomMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ExcessInterestCashFlowsFromSecuritizations" id="mbi_ExcessInterestCashFlowsFromSecuritizations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ExpensesOfConsolidatedVies" id="mbi_ExpensesOfConsolidatedVies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" id="mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="FairValueByConsolidatedStatementsOfOperationsAxis" id="mbi_FairValueByConsolidatedStatementsOfOperationsAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FairValueDisclosureWeightedAverageInYears" id="mbi_FairValueDisclosureWeightedAverageInYears" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" id="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" id="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="FairValueOfCreditSupportAnnexes" id="mbi_FairValueOfCreditSupportAnnexes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" id="mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" id="mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FairValueOptionAggregateFairValueLoansReceivable" id="mbi_FairValueOptionAggregateFairValueLoansReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FairValueOptionAggregateFairValueLongTermDebtInstruments" id="mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FairValueOptionContractualOutstandingPrincipalLoansReceivable" id="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" id="mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FeesAndReimbursements" id="mbi_FeesAndReimbursements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="FinancialGuaranteeCeded" id="mbi_FinancialGuaranteeCeded" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FinancialGuaranteeGross" id="mbi_FinancialGuaranteeGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" id="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="FirstAndSecondLienRmbsMember" id="mbi_FirstAndSecondLienRmbsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FirstLienRMBSReservesMember" id="mbi_FirstLienRMBSReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GreaterThanFivePercentToFifteenPercentMember" id="mbi_GreaterThanFivePercentToFifteenPercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InvestmentsCarriedAtFairValueMember" id="mbi_InvestmentsCarriedAtFairValueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ForeclosureMember" id="mbi_ForeclosureMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" id="mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GainLossOnDerivativesRecognizedInIncome" id="mbi_GainLossOnDerivativesRecognizedInIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="GainsAndLossesRealizedAndUnrealizedEarningsDomain" id="mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GlobalPublicFinanceMember" id="mbi_GlobalPublicFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GlobalStructuredFinanceMember" id="mbi_GlobalStructuredFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GreaterThanFiftyPercentMember" id="mbi_GreaterThanFiftyPercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GrossExposureCommutedOnCmbsInsuredDerivatives" id="mbi_GrossExposureCommutedOnCmbsInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="GrossReserveRecoveriesOnUnpaidLosses" id="mbi_GrossReserveRecoveriesOnUnpaidLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="GuaranteedInvestmentAgreementsFairValue" id="mbi_GuaranteedInvestmentAgreementsFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="GuaranteeObligationsMaximumNetExposure" id="mbi_GuaranteeObligationsMaximumNetExposure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="ImpactOfFinancialGuaranteeMember" id="mbi_ImpactOfFinancialGuaranteeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" id="mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="IncreaseDecreaseInInsuranceLossRecoverable" id="mbi_IncreaseDecreaseInInsuranceLossRecoverable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" id="mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="IncreaseDecreaseInLossAdjustmentExpenseRecoveries" id="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" id="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="IncreaseDecreaseToCaseBasisReserves" id="mbi_IncreaseDecreaseToCaseBasisReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="IneligibleMortgageLoansMember" id="mbi_IneligibleMortgageLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceLossRecoverable" id="mbi_InsuranceLossRecoverable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceLossRecoverableMember" id="mbi_InsuranceLossRecoverableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceOperationsMember" id="mbi_InsuranceOperationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuredDerivativesMember" id="mbi_InsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuredIssuesDesignatedAsClassifiedListMember" id="mbi_InsuredIssuesDesignatedAsClassifiedListMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuredSwapsMember" id="mbi_InsuredSwapsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InterestIncomeExpenseMember" id="mbi_InterestIncomeExpenseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InterestRateDerivativesMember" id="mbi_InterestRateDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InterestRateSwapsEmbeddedMember" id="mbi_InterestRateSwapsEmbeddedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InterestRateSwapsVIEMember" id="mbi_InterestRateSwapsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InternationallyDiversifiedMember" id="mbi_InternationallyDiversifiedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" id="mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="FairValueBelowBookValueGreaterThanFivePercentMember" id="mbi_FairValueBelowBookValueGreaterThanFivePercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" id="mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LaeInsuranceLossRecoverable" id="mbi_LaeInsuranceLossRecoverable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="LaeReservesMember" id="mbi_LaeReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LiabilitiesOfConsolidatedViesMember" id="mbi_LiabilitiesOfConsolidatedViesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LiquidAssets" id="mbi_LiquidAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="LoanFilesReviewedWithPotentialRecoveriesMember" id="mbi_LoanFilesReviewedWithPotentialRecoveriesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LoanRepurchaseCommitments" id="mbi_LoanRepurchaseCommitments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="LoanRepurchaseCommitmentsMember" id="mbi_LoanRepurchaseCommitmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LoanStatusAxis" id="mbi_LoanStatusAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LoanStatusDomain" id="mbi_LoanStatusDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossAndLaeReservesMember" id="mbi_LossAndLaeReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossAndLossAdjustmentExpenseReservesLineItems" id="mbi_LossAndLossAdjustmentExpenseReservesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossAndLossAdjustmentExpenseReservesTable" id="mbi_LossAndLossAdjustmentExpenseReservesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" id="mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="LossesIncurredGrossOfReinsurance" id="mbi_LossesIncurredGrossOfReinsurance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="LossPaymentsForCasesWithReserves" id="mbi_LossPaymentsForCasesWithReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="LossReservesClaimLiabilityMember" id="mbi_LossReservesClaimLiabilityMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MaximumLoansWithDebtServiceCoverageRatio" id="mbi_MaximumLoansWithDebtServiceCoverageRatio" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="MaximumTaxableIncomeProjectionYears" id="mbi_MaximumTaxableIncomeProjectionYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaCorpMember" id="mbi_MbiaCorpMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaIncGeneralCorporatePurposesMember" id="mbi_MbiaIncGeneralCorporatePurposesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaIncMember" id="mbi_MbiaIncMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaIncTotalMember" id="mbi_MbiaIncTotalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MoneyMarketSecuritiesMember" id="mbi_MoneyMarketSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MultiSectorCDOMember" id="mbi_MultiSectorCDOMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NationalMember" id="mbi_NationalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" id="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="NetOtherThanTemporaryImpairments" id="mbi_NetOtherThanTemporaryImpairments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" id="mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="NetUnrealizedLossRelatedToTransfersIntoLevelThree" id="mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="NetUnrealizedLossRelatedToTransfersOutOfLevelThree" id="mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="NonInsuredCreditDefaultSwapsMember" id="mbi_NonInsuredCreditDefaultSwapsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonInsuredCreditDefaultSwapsVIEMember" id="mbi_NonInsuredCreditDefaultSwapsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonInsuredDerivativesMember" id="mbi_NonInsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonperformanceRiskMember" id="mbi_NonperformanceRiskMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonVariableInterestEntitiesLineItems" id="mbi_NonVariableInterestEntitiesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonVariableInterestEntitiesMember" id="mbi_NonVariableInterestEntitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NotRatedMember" id="mbi_NotRatedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" id="mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfInsuredIssuesReviewed" id="mbi_NumberOfInsuredIssuesReviewed" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="NumberOfInsuredIssuesReviewedWithRecordedRecoveries" id="mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="NumberOfPolicies" id="mbi_NumberOfPolicies" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="NumberOfStructuredCmbsCommutations" id="mbi_NumberOfStructuredCmbsCommutations" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" id="mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="OtherAssetBackedMember" id="mbi_OtherAssetBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherDerivativesMember" id="mbi_OtherDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherFixedMaturityInvestmentsMember" id="mbi_OtherFixedMaturityInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherLoansMember" id="mbi_OtherLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherLocationsMember" id="mbi_OtherLocationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherLossesAndLossAndLossAdjustmentExpenseMember" id="mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PayableForInvestmentsPurchasedFairValueDisclosure" id="mbi_PayableForInvestmentsPurchasedFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" id="mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="PercentageOfCurrentRollToLossForTransaction" id="mbi_PercentageOfCurrentRollToLossForTransaction" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" id="mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfIneligibleMortgageLoans" id="mbi_PercentageOfIneligibleMortgageLoans" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfInsuredCreditDerivativesValueUnderBetModel" id="mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" id="mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfLoansChargedOff" id="mbi_PercentageOfLoansChargedOff" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" id="mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" id="mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfLossOnLiquidation" id="mbi_PercentageOfLossOnLiquidation" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" id="mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfRollRateToLossSet" id="mbi_PercentageOfRollRateToLossSet" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfSectorSpecificTransactionsValuedUsingBetModel" id="mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfSecuritiesBookValueExceededMarketValue" id="mbi_PercentageOfSecuritiesBookValueExceededMarketValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" id="mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfTransactionsValuedUsingCorporateSpread" id="mbi_PercentageOfTransactionsValuedUsingCorporateSpread" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" id="mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" id="mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" id="mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" id="mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PerpetualPreferredSecuritiesMember" id="mbi_PerpetualPreferredSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" id="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" id="mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ProceedsFromConsolidationOfVariableInterestEntity" id="mbi_ProceedsFromConsolidationOfVariableInterestEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ProceedsFromReinsuranceAndRecoveries" id="mbi_ProceedsFromReinsuranceAndRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ProprietaryPerformanceDataOnCreLoansAmount" id="mbi_ProprietaryPerformanceDataOnCreLoansAmount" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="RealEstateOwnedMember" id="mbi_RealEstateOwnedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" id="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" id="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" id="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ReceivableForInvestmentsSold" id="mbi_ReceivableForInvestmentsSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" id="mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RecoveriesOfActualAndExpectedPayments" id="mbi_RecoveriesOfActualAndExpectedPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="RecoveryRatesMember" id="mbi_RecoveryRatesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RefundingPremiumsEarned" id="mbi_RefundingPremiumsEarned" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="RemedialActionsForInsuredObligationsMember" id="mbi_RemedialActionsForInsuredObligationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ReservesForExpectedFutureClaimPayments" id="mbi_ReservesForExpectedFutureClaimPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="ResidentialMortgageBackedAgencyMember" id="mbi_ResidentialMortgageBackedAgencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ResidentialMortgageBackedNonAgencyMember" id="mbi_ResidentialMortgageBackedNonAgencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ResidentialMortgageLoansMember" id="mbi_ResidentialMortgageLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RevenuesOfConsolidatedVies" id="mbi_RevenuesOfConsolidatedVies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ReviewedMember" id="mbi_ReviewedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ReviewStatusAxis" id="mbi_ReviewStatusAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ReviewStatusDomain" id="mbi_ReviewStatusDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RmbsAndHelocAndCesMember" id="mbi_RmbsAndHelocAndCesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" id="mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock" id="mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock" id="mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" id="mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" id="mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" id="mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" id="mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" id="mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock" id="mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" id="mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" id="mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock" id="mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" id="mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SecondLienRMBSSecuritizationsMember" id="mbi_SecondLienRMBSSecuritizationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" id="mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SecuritiesInUnrealizedLossPositionMember" id="mbi_SecuritiesInUnrealizedLossPositionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" id="mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="SettlementReceivedForAssuredGuarantyPutBackClaims" id="mbi_SettlementReceivedForAssuredGuarantyPutBackClaims" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="GreaterThanFifteenPercentToTwentyFivePercentMember" id="mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="StructuredFinanceAndInternationalInsuranceMember" id="mbi_StructuredFinanceAndInternationalInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SumOfProbabilitiesAssignedToAllScenarios" id="mbi_SumOfProbabilitiesAssignedToAllScenarios" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="SurveillanceCategoriesAxis" id="mbi_SurveillanceCategoriesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SurveillanceCategoriesDomain" id="mbi_SurveillanceCategoriesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TaxableBondsMember" id="mbi_TaxableBondsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TaxableIncomeProjectionYears" id="mbi_TaxableIncomeProjectionYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="TaxExemptBondsMember" id="mbi_TaxExemptBondsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ThirdPartyGuarantorsMember" id="mbi_ThirdPartyGuarantorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TotalGainsLossesIncludedInEarningsMember" id="mbi_TotalGainsLossesIncludedInEarningsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TotalInsuranceMember" id="mbi_TotalInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TotalInvestmentsMember" id="mbi_TotalInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TransfersIntoAndOutOfLevelOne" id="mbi_TransfersIntoAndOutOfLevelOne" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="TransfersIntoLevelThree" id="mbi_TransfersIntoLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="TransfersIntoLevelTwo" id="mbi_TransfersIntoLevelTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="TransfersOutOfLevelThree" id="mbi_TransfersOutOfLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="TransfersOutOfLevelTwo" id="mbi_TransfersOutOfLevelTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="GreaterThanTwentyFivePercentToFiftyPercentMember" id="mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TypeOfGuaranteeAxis" id="mbi_TypeOfGuaranteeAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TypeOfGuaranteeDomain" id="mbi_TypeOfGuaranteeDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnobservableInputAxis" id="mbi_UnobservableInputAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnobservableInputDomain" id="mbi_UnobservableInputDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RecoveriesOnUnpaidLossesMember" id="mbi_RecoveriesOnUnpaidLossesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnrealizableDeferredTaxAssets" id="mbi_UnrealizableDeferredTaxAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="UnrealizedGainsLossesOnInsuredDerivativesMember" id="mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" id="mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="USPublicFinanceInsuranceMember" id="mbi_USPublicFinanceInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ValueDisclosedAtFairValueNotRecordedAtFairValueMember" id="mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="VariableInterestEntityNotesMember" id="mbi_VariableInterestEntityNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" id="mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" id="mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" id="mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" id="mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="WeightedAverageLifeMember" id="mbi_WeightedAverageLifeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="WeightedAverageRemainingMaturityCreditDerivativesInYears" id="mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" type="us-types:durationStringItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="WrappedSecuritiesMember" id="mbi_WrappedSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FairValueMeasurementRangePercentage" id="mbi_FairValueMeasurementRangePercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" id="mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="CommercialRealEstateCollateralizedDebtObligationsMember" id="mbi_CommercialRealEstateCollateralizedDebtObligationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CmbsSeveritiesExceededCompleteLossInCertainInstances" id="mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" id="mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="OtherDerivativeLiabilitiesMember" id="mbi_OtherDerivativeLiabilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LoanBalanceReviewThreshold" id="mbi_LoanBalanceReviewThreshold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="CommutedExposureAxis" id="mbi_CommutedExposureAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CommutedExposureDomain" id="mbi_CommutedExposureDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TotalCommutedExposureMember" id="mbi_TotalCommutedExposureMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PreviouslyReportedCommutedExposureMember" id="mbi_PreviouslyReportedCommutedExposureMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CashCollateralToDerivativeCounterpartiesTable" id="mbi_CashCollateralToDerivativeCounterpartiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" id="mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" id="mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" id="mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" id="mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DeferredTaxLiabilitiesUnearnedPremiumRevenue" id="mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DeferredTaxLiabilitiesLossReserves" id="mbi_DeferredTaxLiabilitiesLossReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DeferredTaxLiabilitiesDeferralOfCodIncome" id="mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DeferredTaxAssetsNolsAndTaxCreditCarryforwards" id="mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" id="mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DeferredTaxAssetsInsuredDerivatives" id="mbi_DeferredTaxAssetsInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DeferredTaxAssetsVariableInterestEntities" id="mbi_DeferredTaxAssetsVariableInterestEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" id="mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="IncomeBeforeIncomeTaxesTable" id="mbi_IncomeBeforeIncomeTaxesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="IncomeBeforeIncomeTaxesAxis" id="mbi_IncomeBeforeIncomeTaxesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DomesticMember" id="mbi_DomesticMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ForeignMember" id="mbi_ForeignMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AntidilutiveSharesAbstract" id="mbi_AntidilutiveSharesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RangeDomain" id="mbi_RangeDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" id="mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" id="mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" id="mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" id="mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract" id="mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaCorpAndNationalMember" id="mbi_MbiaCorpAndNationalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherInsurersMember" id="mbi_OtherInsurersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" id="mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" id="mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="AccountingPolicyLineItems" id="mbi_AccountingPolicyLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfQualifiedFinancialGuaranteeContracts" id="mbi_PercentageOfQualifiedFinancialGuaranteeContracts" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="NumberOfVariableInterestEntitiesConsolidated" id="mbi_NumberOfVariableInterestEntitiesConsolidated" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="IncreaseDecreaseInOtherNetRealizedGainsLosses" id="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="FirstLienResidentialMortgageBackedSecuritiesMember" id="mbi_FirstLienResidentialMortgageBackedSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ConsolidatedVariableInterestEntitiesTax" id="mbi_ConsolidatedVariableInterestEntitiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="DeconsolidatedVariableInterestEntitiesTax" id="mbi_DeconsolidatedVariableInterestEntitiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="AbsMbsCorporateObligationsMember" id="mbi_AbsMbsCorporateObligationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InterestRateOnSurplusNotes" id="mbi_InterestRateOnSurplusNotes" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="DerivativeAssetCounterpartyNettingAmountFairValue" id="mbi_DerivativeAssetCounterpartyNettingAmountFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DerivativeLiabilityCounterpartyNetting" id="mbi_DerivativeLiabilityCounterpartyNetting" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="MediumTermNotesAndOtherInvestmentsMember" id="mbi_MediumTermNotesAndOtherInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberTwoThousandTwelveToMayTwoThousandThirteenMember" id="mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" id="mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" id="mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="RateReductionMember" id="mbi_RateReductionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SecondLienRmbsIneligibleMortgageLoansMember" id="mbi_SecondLienRmbsIneligibleMortgageLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BankOfAmericaSettlementWithFannieMaeMember" id="mbi_BankOfAmericaSettlementWithFannieMaeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ChangeInUnrealizedGainLossOnInvestments" id="mbi_ChangeInUnrealizedGainLossOnInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="AggregateClaimAmount" id="mbi_AggregateClaimAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" id="mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="IncreaseDecreaseInNetIncomeLoss" id="mbi_IncreaseDecreaseInNetIncomeLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="DerivativeAssetsOtherInvestmentsMember" id="mbi_DerivativeAssetsOtherInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ReleaseFromTaxSharingAgreementEscrowAccount" id="mbi_ReleaseFromTaxSharingAgreementEscrowAccount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="MarchTwoThousandThirteenToAugustTwoThousandThirteenMember" id="mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" id="mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfVariableInterestEntitiesDeconsolidated" id="mbi_NumberOfVariableInterestEntitiesDeconsolidated" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="FinancialIntermediaryMember" id="mbi_FinancialIntermediaryMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AllOtherMember" id="mbi_AllOtherMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" id="mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PerpetualDebtAndEquitySecuritiesMember" id="mbi_PerpetualDebtAndEquitySecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="VariableInterestEntityNonPrimaryBeneficiaryMember" id="mbi_VariableInterestEntityNonPrimaryBeneficiaryMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfOtherLawsuits" id="mbi_NumberOfOtherLawsuits" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ChangeInAbstract" id="mbi_ChangeInAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfFairValueBelowBookValueMaximum" id="mbi_PercentageOfFairValueBelowBookValueMaximum" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="PercentageOfFairValueBelowBookValueMinimum" id="mbi_PercentageOfFairValueBelowBookValueMinimum" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="FairValueBelowBookValueByMoreThanFivePercentMember" id="mbi_FairValueBelowBookValueByMoreThanFivePercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BankOfAmericaMember" id="mbi_BankOfAmericaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherAssetsVIEMember" id="mbi_OtherAssetsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ExcludingBankOfAmericaAndFlagstarMember" id="mbi_ExcludingBankOfAmericaAndFlagstarMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="WarrantTerm" id="mbi_WarrantTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SubsidiaryCollateralPercentage" id="mbi_SubsidiaryCollateralPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="MinimumStatutoryCapitalRequirement" id="mbi_MinimumStatutoryCapitalRequirement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="NationalSecuredLoan" id="mbi_NationalSecuredLoan" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="SecuredRevolvingCreditAgreementTerm" id="mbi_SecuredRevolvingCreditAgreementTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SettlementWithoutPrejudiceTerm" id="mbi_SettlementWithoutPrejudiceTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfResolvedArticleSeventyEightPlaintiffs" id="mbi_NumberOfResolvedArticleSeventyEightPlaintiffs" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DisposalOfAssetsCollateralMaximum" id="mbi_DisposalOfAssetsCollateralMaximum" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="MbiaIncSeniorNotesMember" id="mbi_MbiaIncSeniorNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaCorpSurplusNotesMember" id="mbi_MbiaCorpSurplusNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LiborRateLoansMember" id="mbi_LiborRateLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BaseRateLoansMember" id="mbi_BaseRateLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ApplicableMarginMember" id="mbi_ApplicableMarginMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FederalFundsRateMarginMember" id="mbi_FederalFundsRateMarginMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AdjustedLiborRateMarginMember" id="mbi_AdjustedLiborRateMarginMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DisposalOfAssetMinimumMember" id="mbi_DisposalOfAssetMinimumMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LiquidityBorrowingMaximumPeriodMember" id="mbi_LiquidityBorrowingMaximumPeriodMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossAndLossAdjustmentExpenseRecoveriesLineItems" id="mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossAndLossAdjustmentExpenseRecoveriesTable" id="mbi_LossAndLossAdjustmentExpenseRecoveriesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnrealizedLossPositionGreaterThanTwelveMonthsMember" id="mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember" id="mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" id="mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RollforwardOfPremiumsReceivableTableTextBlock" id="mbi_RollforwardOfPremiumsReceivableTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="UndiscountedFuturePremiumsByPeriodTableTextBlock" id="mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" id="mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="RescapSettlementAmountPerTermSheet" id="mbi_RescapSettlementAmountPerTermSheet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DebtInstrumentRepurchasedPercentOfParValue" id="mbi_DebtInstrumentRepurchasedPercentOfParValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="GlobalFundingLimitedMember" id="mbi_GlobalFundingLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" id="mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" id="mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="GeneralCorporatePurposesProceedsLimit" id="mbi_GeneralCorporatePurposesProceedsLimit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="LiquidityRequirementsPeriod" id="mbi_LiquidityRequirementsPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PutbackRecoveriesCollateralPercentage" id="mbi_PutbackRecoveriesCollateralPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" id="mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" id="mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="DisposalOfAssetsCollateralPercentage" id="mbi_DisposalOfAssetsCollateralPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="SecuredLineOfCreditCollateral" id="mbi_SecuredLineOfCreditCollateral" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="RemediationEffortsMaximumAmount" id="mbi_RemediationEffortsMaximumAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="RemediationEffortsLoansOutstandingMaximumAmount" id="mbi_RemediationEffortsLoansOutstandingMaximumAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="RemediationEffortsStatutoryCapitalReductionMaximum" id="mbi_RemediationEffortsStatutoryCapitalReductionMaximum" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="LiquidityBorrowingsRepaymentPeriod" id="mbi_LiquidityBorrowingsRepaymentPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceInForceTextBlock" id="mbi_InsuranceInForceTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceRegulationsAndDividendsAbstract" id="mbi_InsuranceRegulationsAndDividendsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceRegulationsAndDividendsTextBlock" id="mbi_InsuranceRegulationsAndDividendsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DeferredTaxAssetWriteOff" id="mbi_DeferredTaxAssetWriteOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" id="mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" id="mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" id="mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="OmnibusPlanMember" id="mbi_OmnibusPlanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RestrictedShareUnitMember" id="mbi_RestrictedShareUnitMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PerformanceBasedAwardsMember" id="mbi_PerformanceBasedAwardsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DeferredCashAwardsMember" id="mbi_DeferredCashAwardsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="KeyEmployeesMember" id="mbi_KeyEmployeesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AfterAmendmentMember" id="mbi_AfterAmendmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PriorToAmendmentMember" id="mbi_PriorToAmendmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" id="mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherOneMember" id="mbi_OtherOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OptionsExercisableMember" id="mbi_OptionsExercisableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" id="mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfNumberOfOptionsGrantedTableTextBlock" id="mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" id="mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" id="mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" id="mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="LongTermDebtBeforeSurplusNotesNoncurrent" id="mbi_LongTermDebtBeforeSurplusNotesNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="DebtInstrumentMaturityYear" id="mbi_DebtInstrumentMaturityYear" type="xbrli:gYearItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DebtInstrumentCallDateForFirstFifthAnniversary" id="mbi_DebtInstrumentCallDateForFirstFifthAnniversary" type="invest:dateStringItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DebtInstrumentCallDateForSecondFifthAnniversary" id="mbi_DebtInstrumentCallDateForSecondFifthAnniversary" type="invest:dateStringItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" id="mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" id="mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" id="mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" id="mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" id="mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" id="mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NotesCallablePrice" id="mbi_NotesCallablePrice" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" id="mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="DebtInstrumentFairValueAdjustment" id="mbi_DebtInstrumentFairValueAdjustment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="InvestmentAgreementObligationsMember" id="mbi_InvestmentAgreementObligationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="VariableInterestEntityDebtMember" id="mbi_VariableInterestEntityDebtMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" id="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" id="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" id="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" id="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" id="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" id="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" id="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" id="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" id="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" id="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" id="mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ScheduleOfInsuranceInForceByBondTypeTableTextBlock" id="mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" id="mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" id="mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="AveragerateMember" id="mbi_AveragerateMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BlueRidgeMember" id="mbi_BlueRidgeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceInForceExpectedMaturityRangeYears" id="mbi_InsuranceInForceExpectedMaturityRangeYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ThirdPartyReinsurance" id="mbi_ThirdPartyReinsurance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="AmountOfInsuranceInForceForFgicPolicies" id="mbi_AmountOfInsuranceInForceForFgicPolicies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AggregateAmountOfInsuredParOutstandingCededToReinsurers" id="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="TransactionsGuaranteedOnBehalfOfVariousAffiliates" id="mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FutureGuaranteePaymentsMaturityRange" id="mbi_FutureGuaranteePaymentsMaturityRange" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" id="mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="AggregateAmountInsuranceInForceOutstandingCededToReinsurers" id="mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="GuaranteesOfDerivativeContractsMember" id="mbi_GuaranteesOfDerivativeContractsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InvestmentAgreementContractsMember" id="mbi_InvestmentAgreementContractsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FinancialGuarantyInsuranceCompanyMember" id="mbi_FinancialGuarantyInsuranceCompanyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SubTotalInsuranceInForceMember" id="mbi_SubTotalInsuranceInForceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NationallyDiversifiedMember" id="mbi_NationallyDiversifiedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherStatesMember" id="mbi_OtherStatesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CountrySpecificMember" id="mbi_CountrySpecificMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonUnitedStatesMember" id="mbi_NonUnitedStatesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GeneralObligationMember" id="mbi_GeneralObligationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GeneralObligationLeaseMember" id="mbi_GeneralObligationLeaseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MunicipalUtilitiesMember" id="mbi_MunicipalUtilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TaxBackedMember" id="mbi_TaxBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TransportationMember" id="mbi_TransportationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="HigherEducationMember" id="mbi_HigherEducationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="HealthCareMember" id="mbi_HealthCareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MilitaryHousingMember" id="mbi_MilitaryHousingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InvestorOwnedUtilitiesMember" id="mbi_InvestorOwnedUtilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MunicipalHousingMember" id="mbi_MunicipalHousingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="StudentLoansMember" id="mbi_StudentLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherPublicFinanceMember" id="mbi_OtherPublicFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InternationalUtilitiesMember" id="mbi_InternationalUtilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SovereignRelatedAndSubSovereignMember" id="mbi_SovereignRelatedAndSubSovereignMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LocalGovernmentsMember" id="mbi_LocalGovernmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="Moodysa2OrAboveRatingMember" id="mbi_Moodysa2OrAboveRatingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssuredGuarantyCorpMember" id="mbi_AssuredGuarantyCorpMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssuredGuarantyReLtdMember" id="mbi_AssuredGuarantyReLtdMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OverseasPrivateInvestmentCorporationMember" id="mbi_OverseasPrivateInvestmentCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ExportDevelopmentCanadaMember" id="mbi_ExportDevelopmentCanadaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OtherReinsurersMember" id="mbi_OtherReinsurersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" id="mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="InvestmentInWhollyOwnedSubsidiaries" id="mbi_InvestmentInWhollyOwnedSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="InvestmentsPledgedAsCollateralAmortizedCost" id="mbi_InvestmentsPledgedAsCollateralAmortizedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="EquityInNetIncomeLossOfSubsidiaries" id="mbi_EquityInNetIncomeLossOfSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ContributionsToSubsidiaries" id="mbi_ContributionsToSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="LongTermAvailableForSaleMember" id="mbi_LongTermAvailableForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ShortTermAvailableForSaleMember" id="mbi_ShortTermAvailableForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="EquityAvailableForSaleMember" id="mbi_EquityAvailableForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InvestmentsAtFairValueMember" id="mbi_InvestmentsAtFairValueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" id="mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaCorpSecuredLoanMember" id="mbi_MbiaCorpSecuredLoanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaIncNotPledgedAsCollateralMember" id="mbi_MbiaIncNotPledgedAsCollateralMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MbiaServicesCorporationMember" id="mbi_MbiaServicesCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="EuroAssetAcquisitionLimitedMember" id="mbi_EuroAssetAcquisitionLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsurancePremiumsAbstract" id="mbi_InsurancePremiumsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="InsurancePremiumsLineItems" id="mbi_InsurancePremiumsLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="InsurancePremiumsTableTable" id="mbi_InsurancePremiumsTableTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnearnedPremiumRevenueMember" id="mbi_UnearnedPremiumRevenueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UpfrontMember" id="mbi_UpfrontMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InstallmentsMember" id="mbi_InstallmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AccretionMember" id="mbi_AccretionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceRegulationsAndDividendsLineItems" id="mbi_InsuranceRegulationsAndDividendsLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfPolicyholdersSurplus" id="mbi_PercentageOfPolicyholdersSurplus" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DeficitOfQualifyingAssets" id="mbi_DeficitOfQualifyingAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="RequestedContingencyReserveReleaseToSurplus" id="mbi_RequestedContingencyReserveReleaseToSurplus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="PercentageOfAdjustedNetInvestmentIncome" id="mbi_PercentageOfAdjustedNetInvestmentIncome" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DividendPayingCapacity" id="mbi_DividendPayingCapacity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="StatutoryAccountingPracticesUnassignedSurplus" id="mbi_StatutoryAccountingPracticesUnassignedSurplus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" id="mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="StatutoryAccountingPracticesStatutoryNetLossAmount" id="mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="StatutoryAccountingPracticesCapital" id="mbi_StatutoryAccountingPracticesCapital" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="StatutoryAccountingPracticesSurplus" id="mbi_StatutoryAccountingPracticesSurplus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="StatutoryAccountingPracticesContingencyReserves" id="mbi_StatutoryAccountingPracticesContingencyReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="InsuranceRegulationsAndDividendsTable" id="mbi_InsuranceRegulationsAndDividendsTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="OptionTwoMember" id="mbi_OptionTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfPensionBenefitsVestedDueAfterTwoYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfPensionBenefitsVestedDueAfterThreeYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfPensionBenefitsVestedDueAfterFourYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfPensionBenefitsVestedDueAfterFiveYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="QualifiedProfitSharingMember" id="mbi_QualifiedProfitSharingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PercentageOfVotingInterestsOfCompany" id="mbi_PercentageOfVotingInterestsOfCompany" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfSuretyBonds" id="mbi_NumberOfSuretyBonds" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="OutstandingExposureOnSuretyBonds" id="mbi_OutstandingExposureOnSuretyBonds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="LoansToExecutiveOfficersOrDirectors" id="mbi_LoansToExecutiveOfficersOrDirectors" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" id="mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="NumberOfCreditSupportAnnexes" id="mbi_NumberOfCreditSupportAnnexes" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" id="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" id="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" id="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" id="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" id="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" id="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ExcessSpreadMember" id="mbi_ExcessSpreadMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" id="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="VieInterestNet" id="mbi_VieInterestNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="LineOfCreditFacilityInterestAndCommitmentFeeAmount" id="mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="WarburgPincusMember" id="mbi_WarburgPincusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="HeadcountReductionPercentage" id="mbi_HeadcountReductionPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="NationalHoldingsMember" id="mbi_NationalHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="RescapRecoveryPerDisclosureStatement" id="mbi_RescapRecoveryPerDisclosureStatement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" id="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" id="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="SegmentRevenue" id="mbi_SegmentRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="SegmentExpense" id="mbi_SegmentExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="SegmentPretaxIncomeLoss" id="mbi_SegmentPretaxIncomeLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="IneligibleLoanRecoveriesMember" id="mbi_IneligibleLoanRecoveriesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TotalEstimatedInsuranceRecoveries" id="mbi_TotalEstimatedInsuranceRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="PercentageOfFaceValueOfRepurchasedPreferredStock" id="mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="NonPaymentOfDividendsOnPreferredStock" id="mbi_NonPaymentOfDividendsOnPreferredStock" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="NumberOfDirectors" id="mbi_NumberOfDirectors" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="CommonAndPreferredStockTable" id="mbi_CommonAndPreferredStockTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LongTermIncentivePlanMember" id="mbi_LongTermIncentivePlanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClassBWarrantsMember" id="mbi_ClassBWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ClassBTwoWarrantsMember" id="mbi_ClassBTwoWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UnaffiliatedInvestorsMember" id="mbi_UnaffiliatedInvestorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TwoThousandAndSevenRepurchaseAuthorizationMember" id="mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="InsuranceCorporationMember" id="mbi_InsuranceCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" id="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="NonqualifiedPensionMember" id="mbi_NonqualifiedPensionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NonqualifiedProfitSharingMember" id="mbi_NonqualifiedProfitSharingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="GrossupWarrantMember" id="mbi_GrossupWarrantMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" id="mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="IncomeLossBeforeEquityInEarningsOfSubsidiaries" id="mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="MbiaAssetFinanceMember" id="mbi_MbiaAssetFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="NationalPublicFinanceGuaranteeHoldingsMember" id="mbi_NationalPublicFinanceGuaranteeHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CapmacHoldingsMember" id="mbi_CapmacHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" id="mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="SurplusNotesAtParValueOwnedByCorporateSegment" id="mbi_SurplusNotesAtParValueOwnedByCorporateSegment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="SurplusNotesRepurchasedAtOutstandingParValue" id="mbi_SurplusNotesRepurchasedAtOutstandingParValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="SurplusNotesWeightedAveragePricePerUnit" id="mbi_SurplusNotesWeightedAveragePricePerUnit" type="us-types:perUnitItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="WeightedAveragePriceOfSeniorNotes" id="mbi_WeightedAveragePriceOfSeniorNotes" type="us-types:perUnitItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="NumberPooledInvestmentPrograms" id="mbi_NumberPooledInvestmentPrograms" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="CutwaterIscMember" id="mbi_CutwaterIscMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BoardOfDirectorsMember" id="mbi_BoardOfDirectorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MaximumPercentageOfNotionalAssetSwap" id="mbi_MaximumPercentageOfNotionalAssetSwap" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="InvestmentsInCertainQualifingAssets" id="mbi_InvestmentsInCertainQualifingAssets" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="MinimumSurplusAndContingencyReservesMember" id="mbi_MinimumSurplusAndContingencyReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LossReservesAndUnearnedPremiumReservesMember" id="mbi_LossReservesAndUnearnedPremiumReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="StatutorySurplusNegativeImpact" id="mbi_StatutorySurplusNegativeImpact" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" id="mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PolicyholdersSurplusMember" id="mbi_PolicyholdersSurplusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SurplusMember" id="mbi_SurplusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" id="mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DiscountedCashFlowMember" id="mbi_DiscountedCashFlowMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" id="mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssetLiabilityProductsSegmentMember" id="mbi_AssetLiabilityProductsSegmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ConsiderationForWarrantsIssuedShares" id="mbi_ConsiderationForWarrantsIssuedShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
  <element name="ConsiderationForWarrantsIssuedAmount" id="mbi_ConsiderationForWarrantsIssuedAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" id="mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="MarchThirtyOneTwoThousandFifteenMember" id="mbi_MarchThirtyOneTwoThousandFifteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="JuneThirtyTwoThousandFifeteenMember" id="mbi_JuneThirtyTwoThousandFifeteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SeptemberThirtyTwoThousandFifeteenMember" id="mbi_SeptemberThirtyTwoThousandFifeteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandFifeteenMember" id="mbi_DecemberThirtyOneTwoThousandFifeteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandSixteenrMember" id="mbi_DecemberThirtyOneTwoThousandSixteenrMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandSeventeenMember" id="mbi_DecemberThirtyOneTwoThousandSeventeenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandEighteenMember" id="mbi_DecemberThirtyOneTwoThousandEighteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandTwentyFourMember" id="mbi_DecemberThirtyOneTwoThousandTwentyFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandTwentyNineMember" id="mbi_DecemberThirtyOneTwoThousandTwentyNineMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" id="mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="EmbeddedMember" id="mbi_EmbeddedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="BetanddualdefaultvaluationmodelsMember" id="mbi_BetanddualdefaultvaluationmodelsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" id="mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" id="mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="MinorityInterestDecreaseFromRedemptionsShares" id="mbi_MinorityInterestDecreaseFromRedemptionsShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="PaymentsToAcquireFairValueOptionAndTradingSecurities" id="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" id="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" id="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="DiscountedCashFlowsMember" id="mbi_DiscountedCashFlowsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FairValueMeasurementRangeDollars" id="mbi_FairValueMeasurementRangeDollars" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" id="mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FairValueOptionAggregateFairValueMediumTermNotes" id="mbi_FairValueOptionAggregateFairValueMediumTermNotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FairValueOptionAggregateDifferencesMediumTermNotes" id="mbi_FairValueOptionAggregateDifferencesMediumTermNotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="FixedMaturitySecuritiesHeldAtFairValueVieMember" id="mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="ReinstatedMember" id="mbi_ReinstatedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="CityOfDetroitUtgoBonds" id="mbi_CityOfDetroitUtgoBonds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="NumberOfOperatingLeaseTermExtensions" id="mbi_NumberOfOperatingLeaseTermExtensions" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="LeaseIncentives" id="mbi_LeaseIncentives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="MbiaUkMember" id="mbi_MbiaUkMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" id="mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="Payableforloanspurchased" id="mbi_Payableforloanspurchased" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="Cashcollateralpledge" id="mbi_Cashcollateralpledge" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="PaymentsForDeconsolidationOfVariableInterestEntity" id="mbi_PaymentsForDeconsolidationOfVariableInterestEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
  <element name="Periodofcurrentrolltolossforstresscaseadditionalmonths" id="mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" id="mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="StandardpoorsaminusoraboveratingmemberMember" id="mbi_StandardpoorsaminusoraboveratingmemberMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TrifiniumHoldingsLimitedMember" id="mbi_TrifiniumHoldingsLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LiabilitiesheldforsaleMember" id="mbi_LiabilitiesheldforsaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="LoansreceivableatfairvalueMember" id="mbi_LoansreceivableatfairvalueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="PayableforloanspurchasedMember" id="mbi_PayableforloanspurchasedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AssetsAndLiabilitiesHeldForSaleTableTextBlock" id="mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
  <element name="FacilityMember" id="mbi_FacilityMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SeniorNotesAtParValueOwnedByNational" id="mbi_SeniorNotesAtParValueOwnedByNational" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
  <element name="FourPointZeroTwoToFiftySevenPointSevenOneMember" id="mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="FiftyEightPointEightFourToSeventyPointEightSixMember" id="mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="TwothousandfourteenrepurchaseauthorizationMember" id="mbi_TwothousandfourteenrepurchaseauthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="AnnualCompensationMaximumPensionPerEmployeeAmount" id="mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
  <element name="OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" id="mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
  <element name="CutwaterHoldingsMember" id="mbi_CutwaterHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="SocietegeneraleMember" id="mbi_SocietegeneraleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
  <element name="Eliminationoflossandlaereservesasresultofconsolidatingvie" id="mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>12
<FILENAME>mbi-20141231_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.2 Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtAggregateMaturityOfDebtObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDebtLongTermDebtDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_EarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesIncomeTaxesAndShareholdersEquityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedBalanceSheetsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIICondensedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIVReinsuranceDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIVReinsuranceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedBalanceSheets" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfComprehensiveIncomeLoss" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementOfComprehensiveIncomeLoss" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfCashFlows" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfOperations" />
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheets">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_128" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_127" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_128" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCosts_130" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_129" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCosts_130" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_131" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_132" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_131" xlink:to="Locator_mbi_InsuranceLossRecoverable_132" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentNet_134" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_133" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentNet_134" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="Locator_us-gaap_Cash_136" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_135" xlink:to="Locator_us-gaap_Cash_136" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_138" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_137" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_138" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="Locator_us-gaap_LoansReceivableFairValueDisclosure_140" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_139" xlink:to="Locator_us-gaap_LoansReceivableFairValueDisclosure_140" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_142" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_141" xlink:to="Locator_mbi_LoanRepurchaseCommitments_142" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_152" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_151" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_152" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_154" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_153" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_154" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_144" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_143" xlink:to="Locator_us-gaap_Investments_144" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_156" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_155" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_156" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_158" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_157" xlink:to="Locator_us-gaap_OtherInvestments_158" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_160" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_159" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_160" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_162" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_161" xlink:to="Locator_us-gaap_TradingSecurities_162" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_164" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_163" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_164" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_146" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_145" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_146" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_148" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_147" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_148" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_150" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_149" xlink:to="Locator_us-gaap_OtherAssets_150" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_166" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquity_165" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_166" order="46.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_170" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_169" xlink:to="Locator_us-gaap_StockholdersEquity_170" order="44.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_174" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_173" xlink:to="Locator_us-gaap_PreferredStockValue_174" order="38.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_176" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_175" xlink:to="Locator_us-gaap_CommonStockValue_176" order="39.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_178" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_177" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_178" order="40.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_180" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_179" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_180" order="41.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_182" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_181" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_182" order="42.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_184" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_183" xlink:to="Locator_us-gaap_TreasuryStockValue_184" order="43.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_171" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_172" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_171" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_172" order="45.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_168" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquity_167" xlink:to="Locator_us-gaap_Liabilities_168" order="35.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_186" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_185" xlink:to="Locator_us-gaap_UnearnedPremiums_186" order="25.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_188" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_187" xlink:to="Locator_us-gaap_NotesPayable_188" order="33.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_190" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_189" xlink:to="Locator_us-gaap_MediumTermNotes_190" order="28.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_192" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_191" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_192" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_202" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_201" xlink:to="Locator_mbi_Payableforloanspurchased_202" order="34.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_204" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_203" xlink:to="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_204" order="31.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_194" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_193" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_194" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_196" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_195" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_196" order="29.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_198" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_197" xlink:to="Locator_us-gaap_DerivativeLiabilities_198" order="30.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_200" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_199" xlink:to="Locator_us-gaap_OtherLiabilities_200" order="32.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_480" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_479" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_480" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_482" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_481" xlink:to="Locator_us-gaap_Revenues_482" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_486" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_485" xlink:to="Locator_us-gaap_PremiumsEarnedNet_486" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_502" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_501" xlink:to="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_502" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_503" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RefundingPremiumsEarned" xlink:label="Locator_mbi_RefundingPremiumsEarned_504" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_503" xlink:to="Locator_mbi_RefundingPremiumsEarned_504" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FeesAndReimbursements" xlink:label="Locator_mbi_FeesAndReimbursements_488" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_487" xlink:to="Locator_mbi_FeesAndReimbursements_488" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_490" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_489" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_490" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_506" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_505" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_506" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_508" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_507" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_508" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_492" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_491" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_492" order="17.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_510" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_509" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_510" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_512" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_511" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_512" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_494" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_493" xlink:to="Locator_us-gaap_NetInvestmentIncome_494" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_496" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_495" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_496" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_498" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_497" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_498" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_500" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_499" xlink:to="Locator_us-gaap_OtherIncome_500" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_484" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_483" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_484" order="26.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_514" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_513" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_514" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_516" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_515" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_516" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_518" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_517" xlink:to="Locator_us-gaap_OperatingExpenses_518" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_520" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_519" xlink:to="Locator_us-gaap_InterestExpense_520" order="25.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_478" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_477" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_478" order="28.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfComprehensiveIncomeLoss">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_698" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTax_697" xlink:to="Locator_us-gaap_NetIncomeLoss_698" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_700" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTax_699" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_700" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_702" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_701" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_702" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_714" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_713" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_714" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_716" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_715" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_716" order="19.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_704" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_703" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_704" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_718" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_717" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_718" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_720" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_719" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_720" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_706" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_705" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_706" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_722" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_721" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_722" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_724" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_723" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_724" order="8.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_707" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_708" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_707" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_708" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_726" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_725" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_726" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_728" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_727" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_728" order="12.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_710" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_709" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_710" order="16.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_729" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_730" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_729" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_730" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_732" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_731" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_732" order="15.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_712" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_711" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_712" order="23.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_734" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_733" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_734" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_736" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_735" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_736" order="22.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_1024" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1023" xlink:to="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_1024" order="57.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_1026" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1025" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_1026" order="58.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_1028" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1027" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_1028" order="59.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_1030" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1029" xlink:to="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_1030" order="60.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_1032" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1031" xlink:to="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_1032" order="61.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1033" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_1034" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1033" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_1034" order="66.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_1036" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1035" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_1036" order="67.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="Locator_us-gaap_ShareBasedCompensation_1038" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1037" xlink:to="Locator_us-gaap_ShareBasedCompensation_1038" order="72.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1040" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1039" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1040" order="63.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_1042" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1041" xlink:to="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_1042" order="62.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1043" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VieInterestNet" xlink:label="Locator_mbi_VieInterestNet_1044" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1043" xlink:to="Locator_mbi_VieInterestNet_1044" order="73.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1046" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1045" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1046" order="64.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1047" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_1048" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1047" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_1048" order="65.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1049" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_1050" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1049" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_1050" order="68.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_1052" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1051" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_1052" order="69.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_1054" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1053" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_1054" order="70.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_1056" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1055" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_1056" order="71.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_1058" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1057" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_1058" order="74.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1060" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1059" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1060" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_1068" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1067" xlink:to="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_1068" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1069" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_1070" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1069" xlink:to="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_1070" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_1072" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1071" xlink:to="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_1072" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_1074" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1073" xlink:to="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_1074" order="6.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_1084" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1083" xlink:to="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_1084" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_1076" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1075" xlink:to="Locator_us-gaap_InterestPaidNet_1076" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_1078" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1077" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_1078" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_1080" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1079" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_1080" order="8.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_1082" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1081" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_1082" order="10.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1062" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1061" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1062" order="32.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_1086" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1085" xlink:to="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_1086" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_1088" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1087" xlink:to="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_1088" order="19.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_1090" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1089" xlink:to="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_1090" order="25.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_1092" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1091" xlink:to="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_1092" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_1094" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1093" xlink:to="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_1094" order="30.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_1096" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1095" xlink:to="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_1096" order="31.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_1098" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1097" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_1098" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_1104" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1103" xlink:to="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_1104" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="Locator_us-gaap_PaymentsToAcquireLoansReceivable_1120" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1119" xlink:to="Locator_us-gaap_PaymentsToAcquireLoansReceivable_1120" order="23.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_1122" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1121" xlink:to="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_1122" order="27.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_1110" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1109" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_1110" order="13.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_1112" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1111" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_1112" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_1114" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1113" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_1114" order="18.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_1116" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1115" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_1116" order="28.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_1118" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1117" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_1118" order="29.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1099" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_1100" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1099" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_1100" order="16.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_1102" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1101" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_1102" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_1106" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1105" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_1106" order="21.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_1108" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1107" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_1108" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1064" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1063" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1064" order="48.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_1124" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1123" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_1124" order="36.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="Locator_us-gaap_RepaymentsOfMediumTermNotes_1126" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1125" xlink:to="Locator_us-gaap_RepaymentsOfMediumTermNotes_1126" order="37.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="Locator_us-gaap_RepaymentsOfNotesPayable_1128" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1127" xlink:to="Locator_us-gaap_RepaymentsOfNotesPayable_1128" order="38.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="Locator_us-gaap_PaymentsOfDividends_1130" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1129" xlink:to="Locator_us-gaap_PaymentsOfDividends_1130" order="41.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_1132" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1131" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_1132" order="42.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="Locator_us-gaap_PaymentsToMinorityShareholders_1134" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1133" xlink:to="Locator_us-gaap_PaymentsToMinorityShareholders_1134" order="46.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfDebt_1136" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1135" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfDebt_1136" order="43.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="Locator_us-gaap_ProceedsFromNotesPayable_1150" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1149" xlink:to="Locator_us-gaap_ProceedsFromNotesPayable_1150" order="39.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_1138" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1137" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_1138" order="40.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_1140" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1139" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_1140" order="44.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_1142" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1141" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_1142" order="45.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_1144" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1143" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_1144" order="47.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_1146" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1145" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_1146" order="34.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_1148" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1147" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_1148" order="35.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1066" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1065" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1066" order="49.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="Locator_mbi_LossesIncurredGrossOfReinsurance_2424" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2423" xlink:to="Locator_mbi_LossesIncurredGrossOfReinsurance_2424" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="Locator_mbi_LossesIncurredGrossOfReinsurance_2425" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2426" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_LossesIncurredGrossOfReinsurance_2425" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2426" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="Locator_mbi_LossesIncurredGrossOfReinsurance_2427" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOfActualAndExpectedPayments" xlink:label="Locator_mbi_RecoveriesOfActualAndExpectedPayments_2428" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_LossesIncurredGrossOfReinsurance_2427" xlink:to="Locator_mbi_RecoveriesOfActualAndExpectedPayments_2428" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceCostsAndRecoveriesNet" xlink:label="Locator_us-gaap_ReinsuranceCostsAndRecoveriesNet_2430" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2429" xlink:to="Locator_us-gaap_ReinsuranceCostsAndRecoveriesNet_2430" order="5.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2490" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2489" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2490" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2492" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2491" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2492" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2494" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2493" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2494" order="10.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2496" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2495" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2496" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2498" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2497" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2498" order="6.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2570" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_InsuranceLossRecoverable_2569" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2570" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeInsuranceLossRecoverable" xlink:label="Locator_mbi_LaeInsuranceLossRecoverable_2572" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_InsuranceLossRecoverable_2571" xlink:to="Locator_mbi_LaeInsuranceLossRecoverable_2572" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims" xlink:label="Locator_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_2574" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2573" xlink:to="Locator_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_2574" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesPaidLossesRecoverable" xlink:label="Locator_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_2576" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2575" xlink:to="Locator_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_2576" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2577" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" xlink:label="Locator_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_2578" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2577" xlink:to="Locator_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_2578" order="7.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_3476" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3475" xlink:to="Locator_us-gaap_OtherInvestments_3476" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="Locator_us-gaap_AccruedInvestmentIncomeReceivable_3478" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3477" xlink:to="Locator_us-gaap_AccruedInvestmentIncomeReceivable_3478" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="Locator_mbi_ReceivableForInvestmentsSold_3480" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3479" xlink:to="Locator_mbi_ReceivableForInvestmentsSold_3480" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3482" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3481" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3482" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_3484" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3483" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_3484" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3485" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_3486" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3485" xlink:to="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_3486" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_3488" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3487" xlink:to="Locator_us-gaap_MediumTermNotes_3488" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="Locator_us-gaap_LongTermDebtFairValue_3490" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3489" xlink:to="Locator_us-gaap_LongTermDebtFairValue_3490" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3491" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_3492" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3491" xlink:to="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_3492" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_3494" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3493" xlink:to="Locator_us-gaap_NotesPayable_3494" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_3496" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3495" xlink:to="Locator_mbi_Payableforloanspurchased_3496" order="14.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_3854" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3853" xlink:to="Locator_us-gaap_NetInvestmentIncome_3854" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3856" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3855" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3856" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3858" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3857" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3858" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3859" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3860" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3859" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3860" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3862" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3861" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3862" order="6.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_4455" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_4456" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_4455" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_4456" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_4457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4458" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_4457" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4458" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_4460" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4459" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_4460" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_4462" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4461" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_4462" order="2.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_4464" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4463" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_4464" order="3.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4669" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4670" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4669" xlink:to="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4670" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4671" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4672" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4671" xlink:to="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4672" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4673" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4674" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4673" xlink:to="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4674" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4676" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4675" xlink:to="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4676" order="7.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_5151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_5152" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_5151" xlink:to="Locator_us-gaap_NetIncomeLoss_5152" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_5153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" xlink:label="Locator_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_5154" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_5153" xlink:to="Locator_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_5154" order="3.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_5156" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5155" xlink:to="Locator_us-gaap_NetIncomeLoss_5156" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="Locator_us-gaap_FairValueAdjustmentOfWarrants_5158" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5157" xlink:to="Locator_us-gaap_FairValueAdjustmentOfWarrants_5158" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5159" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" xlink:label="Locator_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_5160" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5159" xlink:to="Locator_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_5160" order="8.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_5246" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_5245" xlink:to="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_5246" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_5248" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_5247" xlink:to="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_5248" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_5250" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_5249" xlink:to="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_5250" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_5252" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_5251" xlink:to="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_5252" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_5254" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_5253" xlink:to="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_5254" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_5256" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_5255" xlink:to="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_5256" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_5257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5258" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_5257" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_5258" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_5259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5260" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_5259" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5260" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_5262" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5261" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_5262" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_5264" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5263" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_5264" order="14.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_5266" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5265" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_5266" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_5268" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5267" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_5268" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_5270" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5269" xlink:to="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_5270" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5271" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_5272" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5271" xlink:to="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_5272" order="13.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5302" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5301" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5302" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_5304" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5303" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_5304" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5305" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_5306" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5305" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_5306" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_5308" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5307" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_5308" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5309" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_5310" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5309" xlink:to="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_5310" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_5312" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5311" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_5312" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5313" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_5314" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5313" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_5314" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_5316" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5315" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_5316" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_5318" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5317" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_5318" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_5320" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5319" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_5320" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_5322" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5321" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_5322" order="12.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5374" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5373" xlink:to="Locator_us-gaap_DeferredTaxAssetsGross_5374" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_5380" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5379" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_5380" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_5382" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5381" xlink:to="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_5382" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_5384" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5383" xlink:to="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_5384" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_5386" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5385" xlink:to="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_5386" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_5388" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5387" xlink:to="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_5388" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_5390" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5389" xlink:to="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_5390" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_5392" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5391" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_5392" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5393" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_5394" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5393" xlink:to="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_5394" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsOther_5396" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5395" xlink:to="Locator_us-gaap_DeferredTaxAssetsOther_5396" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_5398" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_5397" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_5398" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_5376" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5375" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_5376" order="24.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5378" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5377" xlink:to="Locator_us-gaap_DeferredIncomeTaxLiabilities_5378" order="11.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_5400" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5399" xlink:to="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_5400" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5401" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="Locator_mbi_DeferredTaxLiabilitiesLossReserves_5402" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5401" xlink:to="Locator_mbi_DeferredTaxLiabilitiesLossReserves_5402" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5403" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_5404" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5403" xlink:to="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_5404" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_5406" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5405" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_5406" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_5408" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5407" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_5408" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOther_5410" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5409" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOther_5410" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_5412" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5411" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_5412" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_5414" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_5413" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_5414" order="9.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5478" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5477" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5478" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_5480" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5479" xlink:to="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_5480" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5481" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_5482" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5481" xlink:to="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_5482" order="12.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_5471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_5472" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecurities_5471" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_5472" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_5473" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_5474" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecurities_5473" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_5474" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_5475" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5476" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecurities_5475" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5476" order="6.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5648" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5647" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5648" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5650" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5649" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5650" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5652" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5651" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5652" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5654" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5653" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5654" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5656" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5655" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5656" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5658" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5657" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5658" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5660" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5659" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5660" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5662" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5661" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5662" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5664" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5663" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5664" order="25.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5666" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5665" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5666" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5678" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5677" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5678" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5680" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5679" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5680" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5682" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5681" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5682" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5684" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5683" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5684" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5686" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5685" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5686" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5668" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5667" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5668" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5670" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5669" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5670" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5672" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5671" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5672" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5674" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5673" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5674" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5676" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5675" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5676" order="8.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5796" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5795" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5796" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5798" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5797" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5798" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5800" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5799" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5800" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5802" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5801" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5802" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_5804" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5803" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_5804" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_5806" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5805" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_5806" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5807" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5808" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5807" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5808" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5810" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5809" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5810" order="14.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_6168" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6167" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_6168" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_6170" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6169" xlink:to="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_6170" order="4.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6217" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6218" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6217" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6218" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_6220" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6219" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_6220" order="3.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_6222" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6221" xlink:to="Locator_us-gaap_NetInvestmentIncome_6222" order="4.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7067" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7068" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_7067" xlink:to="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7068" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7070" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7069" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_7070" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7072" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7071" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7072" order="3.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_7074" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_7073" xlink:to="Locator_us-gaap_SurplusNotes_7074" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7076" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_7075" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7076" order="6.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7166" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_7165" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7166" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7168" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_7167" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7168" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7170" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_7169" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7170" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7172" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_7171" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7172" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7174" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_7173" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7174" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7176" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_7175" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7176" order="8.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7254" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_7253" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7254" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7256" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_7255" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7256" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7258" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_7257" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7258" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7260" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_7259" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7260" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7262" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_7261" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7262" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7264" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_7263" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7264" order="7.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7401" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="Locator_mbi_SegmentPretaxIncomeLoss_7402" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_7401" xlink:to="Locator_mbi_SegmentPretaxIncomeLoss_7402" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="Locator_mbi_SegmentPretaxIncomeLoss_7371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7372" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentPretaxIncomeLoss_7371" xlink:to="Locator_mbi_SegmentExpense_7372" order="16.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_7376" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentExpense_7375" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_7376" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_7378" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentExpense_7377" xlink:to="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_7378" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_7380" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentExpense_7379" xlink:to="Locator_us-gaap_InterestExpense_7380" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="Locator_mbi_ExpensesOfConsolidatedVies_7382" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentExpense_7381" xlink:to="Locator_mbi_ExpensesOfConsolidatedVies_7382" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7384" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentExpense_7383" xlink:to="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7384" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="Locator_mbi_SegmentPretaxIncomeLoss_7373" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7374" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentPretaxIncomeLoss_7373" xlink:to="Locator_mbi_SegmentRevenue_7374" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="Locator_us-gaap_RevenueOtherFinancialServices_7386" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7385" xlink:to="Locator_us-gaap_RevenueOtherFinancialServices_7386" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_7388" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7387" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_7388" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7390" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7389" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7390" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7392" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7391" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7392" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7394" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7393" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7394" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_7396" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7395" xlink:to="Locator_us-gaap_OtherIncome_7396" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7397" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="Locator_mbi_RevenuesOfConsolidatedVies_7398" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7397" xlink:to="Locator_mbi_RevenuesOfConsolidatedVies_7398" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7400" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_SegmentRevenue_7399" xlink:to="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7400" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_7404" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_7403" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_7404" order="18.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_7979" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7980" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_7979" xlink:to="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7980" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="Locator_us-gaap_DirectPremiumsEarned_7982" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7981" xlink:to="Locator_us-gaap_DirectPremiumsEarned_7982" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="Locator_us-gaap_AssumedPremiumsEarned_7984" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7983" xlink:to="Locator_us-gaap_AssumedPremiumsEarned_7984" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_7985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_7986" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_7985" xlink:to="Locator_us-gaap_CededPremiumsEarned_7986" order="4.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_8218" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_8217" xlink:to="Locator_us-gaap_Investments_8218" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8220" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_8219" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8220" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_8222" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_8221" xlink:to="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_8222" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_8224" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_8223" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_8224" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_8226" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_8225" xlink:to="Locator_us-gaap_OtherAssets_8226" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8228" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8227" xlink:to="Locator_us-gaap_Liabilities_8228" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_8232" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_8231" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_8232" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8234" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_8233" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8234" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_8236" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_8235" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_8236" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayable" xlink:label="Locator_us-gaap_LoansPayable_8238" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_8237" xlink:to="Locator_us-gaap_LoansPayable_8238" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_8240" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_8239" xlink:to="Locator_us-gaap_DerivativeLiabilities_8240" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_8242" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_8241" xlink:to="Locator_us-gaap_OtherLiabilities_8242" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_8230" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8229" xlink:to="Locator_us-gaap_StockholdersEquity_8230" order="30.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIVReinsuranceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_8351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectPremiumsWritten" xlink:label="Locator_us-gaap_DirectPremiumsWritten_8352" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsWrittenNet_8351" xlink:to="Locator_us-gaap_DirectPremiumsWritten_8352" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_8353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="Locator_us-gaap_CededPremiumsWritten_8354" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsWrittenNet_8353" xlink:to="Locator_us-gaap_CededPremiumsWritten_8354" order="2.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_8355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssumedPremiumsWritten" xlink:label="Locator_us-gaap_AssumedPremiumsWritten_8356" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsWrittenNet_8355" xlink:to="Locator_us-gaap_AssumedPremiumsWritten_8356" order="3.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_8392" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_8391" xlink:to="Locator_us-gaap_NetInvestmentIncome_8392" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8393" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8394" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_8393" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8394" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_8396" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_8395" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_8396" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_8398" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_8397" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_8398" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_8400" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_8399" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_8400" order="6.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_8402" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_8401" xlink:to="Locator_us-gaap_OtherIncome_8402" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8403" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8404" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_8403" xlink:to="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8404" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8405" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8406" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8405" xlink:to="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8406" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8408" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8407" xlink:to="Locator_us-gaap_Revenues_8408" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_8410" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8409" xlink:to="Locator_us-gaap_CostsAndExpenses_8410" order="13.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_8411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_8412" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CostsAndExpenses_8411" xlink:to="Locator_us-gaap_OperatingExpenses_8412" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_8413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_8414" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CostsAndExpenses_8413" xlink:to="Locator_us-gaap_InterestExpense_8414" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_8416" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8415" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_8416" order="15.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_8418" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_8417" xlink:to="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_8418" order="17.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_8694" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8693" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_8694" order="39.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_8696" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8695" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_8696" order="40.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_8698" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8697" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_8698" order="41.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8700" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8699" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8700" order="42.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_8702" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8701" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_8702" order="43.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8703" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8704" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8703" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8704" order="44.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8705" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_8706" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8705" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_8706" order="45.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_8708" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8707" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_8708" order="46.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_8710" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8709" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_8710" order="47.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_8712" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8711" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_8712" order="48.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_8714" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8713" xlink:to="Locator_us-gaap_InterestPaidNet_8714" order="6.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_8716" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8715" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_8716" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_8718" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8717" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_8718" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_8720" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8719" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_8720" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_8722" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8721" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_8722" order="7.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_8724" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8723" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_8724" order="10.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8726" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8725" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8726" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_8728" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8727" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_8728" order="15.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8729" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_8730" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8729" xlink:to="Locator_mbi_ContributionsToSubsidiaries_8730" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_8732" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8731" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_8732" order="18.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_8734" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8733" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_8734" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8736" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8735" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8736" order="21.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_8738" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8737" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_8738" order="13.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_8740" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8739" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_8740" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_8742" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8741" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_8742" order="16.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8743" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_8744" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8743" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_8744" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_8746" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8745" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_8746" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_8748" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8747" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_8748" order="27.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_8750" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8749" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_8750" order="29.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_8752" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8751" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_8752" order="30.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_8754" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8753" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_8754" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_8756" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8755" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_8756" order="25.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_8758" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8757" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_8758" order="28.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_9016" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9015" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_9016" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_9018" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9017" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_9018" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_9020" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9019" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_9020" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_9022" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9021" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_9022" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9024" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9023" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9024" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9026" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9025" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9026" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9028" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9027" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9028" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9030" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9029" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9030" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_9032" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9031" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_9032" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_9034" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9033" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_9034" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_9036" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9035" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_9036" order="11.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_9068" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9067" xlink:to="Locator_us-gaap_UnearnedPremiums_9068" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_9070" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9069" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_9070" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_9072" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9071" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_9072" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_9074" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9073" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_9074" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_9076" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9075" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_9076" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9078" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9077" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9078" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9080" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9079" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9080" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9082" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9081" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9082" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9084" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9083" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9084" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9085" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_9086" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9085" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_9086" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9087" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_9088" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9087" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_9088" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_9090" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9089" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_9090" order="13.0" weight="1" />
    </calculationLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>13
<FILENAME>mbi-20141231_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.2 Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessSegmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_CommonAndPreferredStockNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_CommitmentsAndContingenciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtAggregateMaturityOfDebtObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDebtLongTermDebtDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DerivativeInstrumentsCreditDerivativesSoldDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DerivativeInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsuranceInForceNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LongtermIncentivePlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedBalanceSheetsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIICondensedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_SignificantAccountingPoliciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_SignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_VariableInterestEntitiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_VariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceRegulationsAndDividendsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#mbi_ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_PensionAndProfitSharingPlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIINotesToCondensedFinancialStatementsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedBalanceSheets" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_StatementConsolidatedBalanceSheetsParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquity" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquityParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfOperations" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfOperationsParenthetical" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" />
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheets">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_207" xlink:to="Locator_dei_EntityDomain_208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_210" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_209" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_210" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_211" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_212" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_229" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_230" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCosts_232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_231" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCosts_232" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_233" xlink:to="Locator_mbi_InsuranceLossRecoverable_234" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentNet_236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_235" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentNet_236" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_237" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_238" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_239" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_240" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="Locator_us-gaap_Cash_246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_245" xlink:to="Locator_us-gaap_Cash_246" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_247" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_248" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="Locator_us-gaap_LoansReceivableFairValueDisclosure_250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_249" xlink:to="Locator_us-gaap_LoansReceivableFairValueDisclosure_250" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_251" xlink:to="Locator_mbi_LoanRepurchaseCommitments_252" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_215" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_216" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_217" xlink:to="Locator_us-gaap_TradingSecurities_218" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_219" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_220" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_221" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_222" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_223" xlink:to="Locator_us-gaap_OtherInvestments_224" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_225" xlink:to="Locator_us-gaap_Investments_226" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_227" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_228" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_241" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_242" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_243" xlink:to="Locator_us-gaap_OtherAssets_244" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_253" xlink:to="Locator_us-gaap_Assets_254" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="Locator_us-gaap_CommitmentsAndContingencies_282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_281" xlink:to="Locator_us-gaap_CommitmentsAndContingencies_282" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_257" xlink:to="Locator_us-gaap_LiabilitiesAbstract_258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_259" xlink:to="Locator_us-gaap_UnearnedPremiums_260" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_261" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_262" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_265" xlink:to="Locator_us-gaap_MediumTermNotes_266" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_271" xlink:to="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_272" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_275" xlink:to="Locator_us-gaap_NotesPayable_276" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_277" xlink:to="Locator_mbi_Payableforloanspurchased_278" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_263" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_264" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_267" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_268" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_269" xlink:to="Locator_us-gaap_DerivativeLiabilities_270" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_273" xlink:to="Locator_us-gaap_OtherLiabilities_274" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_279" xlink:to="Locator_us-gaap_Liabilities_280" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_283" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_284" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_299" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_300" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_301" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_302" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_285" xlink:to="Locator_us-gaap_PreferredStockValue_286" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_287" xlink:to="Locator_us-gaap_CommonStockValue_288" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_289" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_290" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_291" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_292" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_293" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_294" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_295" xlink:to="Locator_us-gaap_TreasuryStockValue_296" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_297" xlink:to="Locator_us-gaap_StockholdersEquity_298" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_304" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_303" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_304" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_213" xlink:to="Locator_us-gaap_AssetsAbstract_214" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_255" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_256" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_35" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_36" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_35" xlink:to="Locator_us-gaap_StatementTable_36" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_205" xlink:to="Locator_dei_LegalEntityAxis_206" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_349" xlink:to="Locator_dei_EntityDomain_350" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_352" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_351" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_352" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_353" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_354" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_355" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_356" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_357" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_358" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_359" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_360" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_361" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_362" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_363" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_364" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="Locator_us-gaap_InvestmentOwnedAtFairValue_366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_365" xlink:to="Locator_us-gaap_InvestmentOwnedAtFairValue_366" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_367" xlink:to="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_368" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="Locator_us-gaap_NotesPayableFairValueDisclosure_370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_369" xlink:to="Locator_us-gaap_NotesPayableFairValueDisclosure_370" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_371" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_372" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_373" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_374" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_375" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_376" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_377" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_378" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_379" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_380" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_381" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_382" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_383" xlink:to="Locator_us-gaap_TreasuryStockShares_384" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_385" xlink:to="Locator_us-gaap_CommonStockSharesIssued_386" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_387" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_388" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_389" xlink:to="Locator_us-gaap_StatementTable_390" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_391" xlink:to="Locator_dei_LegalEntityAxis_392" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_523" xlink:to="Locator_dei_EntityDomain_524" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_525" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_526" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_527" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_528" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_555" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_556" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_557" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_558" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_559" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_560" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_529" xlink:to="Locator_us-gaap_RevenuesAbstract_530" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_531" xlink:to="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_533" xlink:to="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RefundingPremiumsEarned" xlink:label="Locator_mbi_RefundingPremiumsEarned_536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_535" xlink:to="Locator_mbi_RefundingPremiumsEarned_536" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_537" xlink:to="Locator_us-gaap_PremiumsEarnedNet_538" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_539" xlink:to="Locator_us-gaap_NetInvestmentIncome_540" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FeesAndReimbursements" xlink:label="Locator_mbi_FeesAndReimbursements_542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_541" xlink:to="Locator_mbi_FeesAndReimbursements_542" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_543" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_544" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_545" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_546" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_547" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_548" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_549" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_550" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_551" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_551" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_552" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_553" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_554" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_561" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_562" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_563" xlink:to="Locator_us-gaap_OtherIncome_564" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_565" xlink:to="Locator_us-gaap_Revenues_566" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_567" xlink:to="Locator_us-gaap_OperatingExpensesAbstract_568" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_569" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_570" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_571" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_572" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_573" xlink:to="Locator_us-gaap_OperatingExpenses_574" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_575" xlink:to="Locator_us-gaap_InterestExpense_576" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_577" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_578" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_579" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_580" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_581" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_582" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_584" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_583" xlink:to="Locator_us-gaap_NetIncomeLoss_584" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_585" xlink:to="Locator_us-gaap_EarningsPerShareAbstract_586" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="Locator_us-gaap_EarningsPerShareBasic_588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_587" xlink:to="Locator_us-gaap_EarningsPerShareBasic_588" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="Locator_us-gaap_EarningsPerShareDiluted_590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_589" xlink:to="Locator_us-gaap_EarningsPerShareDiluted_590" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_591" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_592" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_593" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_594" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_595" xlink:to="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_596" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_413" xlink:to="Locator_us-gaap_StatementTable_414" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_521" xlink:to="Locator_dei_LegalEntityAxis_522" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_617" xlink:to="Locator_dei_EntityDomain_618" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_619" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_620" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_621" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_622" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_627" xlink:to="Locator_us-gaap_CededPremiumsEarned_628" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_609" xlink:to="Locator_us-gaap_StatementTable_610" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_616" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_615" xlink:to="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_616" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_623" xlink:to="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_624" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_629" xlink:to="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_630" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceSegmentMember" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_625" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_626" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_613" xlink:to="Locator_dei_LegalEntityAxis_614" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_792" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_791" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_792" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_794" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_793" xlink:to="Locator_us-gaap_CommonStockSharesIssued_794" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_796" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_795" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_796" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_802" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_801" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_802" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_803" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_804" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_806" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_805" xlink:to="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_806" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_808" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_807" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_808" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_810" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_809" xlink:to="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_810" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_811" xlink:to="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_812" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_813" xlink:to="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_814" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_800" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_799" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_800" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_798" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_797" xlink:to="Locator_us-gaap_NetIncomeLoss_798" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_767" xlink:to="Locator_us-gaap_StatementTable_768" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_771" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_772" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_773" xlink:to="Locator_us-gaap_EquityComponentDomain_774" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_778" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_777" xlink:to="Locator_us-gaap_PreferredStockMember_778" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_779" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_779" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_780" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_775" xlink:to="Locator_us-gaap_ParentMember_776" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockMember" xlink:label="Locator_us-gaap_CommonStockMember_782" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_781" xlink:to="Locator_us-gaap_CommonStockMember_782" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="Locator_us-gaap_AdditionalPaidInCapitalMember_784" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_783" xlink:to="Locator_us-gaap_AdditionalPaidInCapitalMember_784" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="Locator_us-gaap_RetainedEarningsMember_786" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_785" xlink:to="Locator_us-gaap_RetainedEarningsMember_786" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_788" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_787" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_788" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="Locator_us-gaap_TreasuryStockMember_790" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_789" xlink:to="Locator_us-gaap_TreasuryStockMember_790" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_853" xlink:to="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_854" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_855" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_855" xlink:to="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_856" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_857" xlink:to="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_858" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_843" xlink:to="Locator_us-gaap_StatementTable_844" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_847" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_848" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_849" xlink:to="Locator_us-gaap_EquityComponentDomain_850" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_859" xlink:to="Locator_us-gaap_EquityComponentDomain_860" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_851" xlink:to="Locator_us-gaap_ParentMember_852" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1367" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1368" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1461" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1462" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashMember" xlink:label="Locator_us-gaap_CashMember_1370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1369" xlink:to="Locator_us-gaap_CashMember_1370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_1372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1371" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_1372" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_1373" xlink:to="Locator_dei_EntityDomain_1374" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_dei_LegalEntityAxis_1459" xlink:to="Locator_dei_EntityDomain_1460" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="Locator_mbi_AssetLiabilityProductsSegmentMember_1380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1379" xlink:to="Locator_mbi_AssetLiabilityProductsSegmentMember_1380" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalHoldingsMember" xlink:label="Locator_mbi_NationalHoldingsMember_1386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1385" xlink:to="Locator_mbi_NationalHoldingsMember_1386" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1387" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncTotalMember" xlink:label="Locator_mbi_MbiaIncTotalMember_1388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1387" xlink:to="Locator_mbi_MbiaIncTotalMember_1388" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterHoldingsMember" xlink:label="Locator_mbi_CutwaterHoldingsMember_1390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1389" xlink:to="Locator_mbi_CutwaterHoldingsMember_1390" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1393" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SocietegeneraleMember" xlink:label="Locator_mbi_SocietegeneraleMember_1394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1393" xlink:to="Locator_mbi_SocietegeneraleMember_1394" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1391" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaMember" xlink:label="Locator_mbi_BankOfAmericaMember_1392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1391" xlink:to="Locator_mbi_BankOfAmericaMember_1392" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1377" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1378" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1375" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_1376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1375" xlink:to="Locator_mbi_MbiaIncMember_1376" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_1382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1381" xlink:to="Locator_mbi_MbiaCorpMember_1382" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_1384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1383" xlink:to="Locator_mbi_NationalMember_1384" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1355" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1356" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1359" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1360" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1363" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1363" xlink:to="Locator_mbi_CommutedExposureAxis_1364" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1395" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_CommutedExposureAxis_1395" xlink:to="Locator_mbi_CommutedExposureDomain_1396" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_CommutedExposureAxis_1457" xlink:to="Locator_mbi_CommutedExposureDomain_1458" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1397" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalCommutedExposureMember" xlink:label="Locator_mbi_TotalCommutedExposureMember_1398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_CommutedExposureDomain_1397" xlink:to="Locator_mbi_TotalCommutedExposureMember_1398" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="Locator_mbi_PreviouslyReportedCommutedExposureMember_1400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_CommutedExposureDomain_1399" xlink:to="Locator_mbi_PreviouslyReportedCommutedExposureMember_1400" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1365" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_1366" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1401" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_1404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1403" xlink:to="Locator_us-gaap_SubsequentEventMember_1404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1361" xlink:to="Locator_dei_LegalEntityAxis_1362" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="Locator_us-gaap_NumberOfOperatingSegments_1406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1405" xlink:to="Locator_us-gaap_NumberOfOperatingSegments_1406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalDate1" xlink:label="Locator_us-gaap_DisposalDate1_1408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1407" xlink:to="Locator_us-gaap_DisposalDate1_1408" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SeveranceCosts1" xlink:label="Locator_us-gaap_SeveranceCosts1_1410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1409" xlink:to="Locator_us-gaap_SeveranceCosts1_1410" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeadcountReductionPercentage" xlink:label="Locator_mbi_HeadcountReductionPercentage_1412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1411" xlink:to="Locator_mbi_HeadcountReductionPercentage_1412" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ImpairmentOfRealEstate" xlink:label="Locator_us-gaap_ImpairmentOfRealEstate_1414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1413" xlink:to="Locator_us-gaap_ImpairmentOfRealEstate_1414" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="Locator_us-gaap_LitigationSettlementExpense_1416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1415" xlink:to="Locator_us-gaap_LitigationSettlementExpense_1416" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_1418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1417" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_1418" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1419" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1420" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1421" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_1422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1421" xlink:to="Locator_mbi_WarrantTerm_1422" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1423" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1424" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_1426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1425" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_1426" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1427" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementWithoutPrejudiceTerm" xlink:label="Locator_mbi_SettlementWithoutPrejudiceTerm_1428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1427" xlink:to="Locator_mbi_SettlementWithoutPrejudiceTerm_1428" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1429" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1430" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_1432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1431" xlink:to="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_1432" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1433" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1434" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalSecuredLoan" xlink:label="Locator_mbi_NationalSecuredLoan_1436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1435" xlink:to="Locator_mbi_NationalSecuredLoan_1436" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1437" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfResolvedArticleSeventyEightPlaintiffs" xlink:label="Locator_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_1438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1437" xlink:to="Locator_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_1438" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_1440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1439" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_1440" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1441" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_1442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1441" xlink:to="Locator_mbi_LiquidAssets_1442" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1443" xlink:to="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1444" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1445" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimPayments" xlink:label="Locator_mbi_ClaimPayments_1446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1445" xlink:to="Locator_mbi_ClaimPayments_1446" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1447" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="Locator_mbi_CommutedGrossInsuredExposure_1448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1447" xlink:to="Locator_mbi_CommutedGrossInsuredExposure_1448" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateClaimAmount" xlink:label="Locator_mbi_AggregateClaimAmount_1450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1449" xlink:to="Locator_mbi_AggregateClaimAmount_1450" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="Locator_us-gaap_GuaranteeObligationsMaximumExposure_1452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1451" xlink:to="Locator_us-gaap_GuaranteeObligationsMaximumExposure_1452" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedShares_1454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1453" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedShares_1454" order="25.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1455" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1455" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1456" order="26.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_1535" xlink:to="Locator_invest_InvestmentDomain_1536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1539" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1540" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_1544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1543" xlink:to="Locator_mbi_ConsumerAssetBackedMember_1544" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_1546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1545" xlink:to="Locator_mbi_CorporateAssetBackedMember_1546" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_1548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1547" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_1548" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1549" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_1550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1549" xlink:to="Locator_mbi_GlobalPublicFinanceMember_1550" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1551" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInsuranceMember" xlink:label="Locator_mbi_TotalInsuranceMember_1552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1551" xlink:to="Locator_mbi_TotalInsuranceMember_1552" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="Locator_us-gaap_CollateralizedLoanObligationsMember_1554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1553" xlink:to="Locator_us-gaap_CollateralizedLoanObligationsMember_1554" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1541" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1542" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_1538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1537" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_1538" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="Locator_us-gaap_InvestmentHoldingsTable_1530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1529" xlink:to="Locator_us-gaap_InvestmentHoldingsTable_1530" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="Locator_us-gaap_InvestmentHoldingsTable_1533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_InvestmentHoldingsTable_1533" xlink:to="Locator_invest_InvestmentAxis_1534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1557" xlink:to="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1558" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_1560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1559" xlink:to="Locator_us-gaap_Investments_1560" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1561" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1562" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1563" xlink:to="Locator_mbi_InsuranceLossRecoverable_1564" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_1566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1565" xlink:to="Locator_us-gaap_UnearnedPremiums_1566" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1567" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1568" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_1570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1569" xlink:to="Locator_us-gaap_DerivativeLiabilities_1570" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1555" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1556" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1571" xlink:to="Locator_us-gaap_TradingSecurities_1572" order="9.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_1623" xlink:to="Locator_invest_InvestmentDomain_1624" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1625" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialIntermediaryMember" xlink:label="Locator_mbi_FinancialIntermediaryMember_1626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1625" xlink:to="Locator_mbi_FinancialIntermediaryMember_1626" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="Locator_us-gaap_CollateralizedLoanObligationsMember_1628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1627" xlink:to="Locator_us-gaap_CollateralizedLoanObligationsMember_1628" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1629" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1630" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1655" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1656" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1633" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNonPrimaryBeneficiaryMember" xlink:label="Locator_mbi_VariableInterestEntityNonPrimaryBeneficiaryMember_1634" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1633" xlink:to="Locator_mbi_VariableInterestEntityNonPrimaryBeneficiaryMember_1634" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1632" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1631" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1632" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1636" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1635" xlink:to="Locator_us-gaap_SegmentDomain_1636" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1637" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_1638" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1637" xlink:to="Locator_mbi_AdvisoryServicesMember_1638" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1613" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1614" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1619" xlink:to="Locator_invest_InvestmentAxis_1620" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1621" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1622" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1617" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1618" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1640" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1639" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1640" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1642" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1641" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1642" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1644" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1643" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1644" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1646" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1645" xlink:to="Locator_us-gaap_TradingSecurities_1646" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1647" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1647" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1648" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="Locator_us-gaap_DeconsolidationGainOrLossAmount_1650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1649" xlink:to="Locator_us-gaap_DeconsolidationGainOrLossAmount_1650" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1651" xlink:to="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1652" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1653" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1653" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1654" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1717" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1718" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1719" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialRealEstateCollateralizedDebtObligationsMember" xlink:label="Locator_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_1720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1719" xlink:to="Locator_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_1720" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_1721" xlink:to="Locator_dei_EntityDomain_1722" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_1726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1725" xlink:to="Locator_mbi_MbiaUkMember_1726" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1723" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_1724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1723" xlink:to="Locator_mbi_MbiaCorpMember_1724" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_1727" xlink:to="Locator_mbi_RangeDomain_1728" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1759" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_RangeAxis_1759" xlink:to="Locator_mbi_RangeDomain_1760" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_1730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_1729" xlink:to="Locator_us-gaap_MinimumMember_1730" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_1732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_1731" xlink:to="Locator_us-gaap_MaximumMember_1732" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1733" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountRateOfCreditImpairments" xlink:label="Locator_mbi_DiscountRateOfCreditImpairments_1734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1733" xlink:to="Locator_mbi_DiscountRateOfCreditImpairments_1734" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfStructuredCmbsCommutations" xlink:label="Locator_mbi_NumberOfStructuredCmbsCommutations_1736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1735" xlink:to="Locator_mbi_NumberOfStructuredCmbsCommutations_1736" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossExposureCommutedOnCmbsInsuredDerivatives" xlink:label="Locator_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_1738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1737" xlink:to="Locator_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_1738" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanBalanceReviewThreshold" xlink:label="Locator_mbi_LoanBalanceReviewThreshold_1740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1739" xlink:to="Locator_mbi_LoanBalanceReviewThreshold_1740" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentConvertibleConversionRatio1" xlink:label="Locator_us-gaap_DebtInstrumentConvertibleConversionRatio1_1742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1741" xlink:to="Locator_us-gaap_DebtInstrumentConvertibleConversionRatio1_1742" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1743" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProprietaryPerformanceDataOnCreLoansAmount" xlink:label="Locator_mbi_ProprietaryPerformanceDataOnCreLoansAmount_1744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1743" xlink:to="Locator_mbi_ProprietaryPerformanceDataOnCreLoansAmount_1744" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1745" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" xlink:label="Locator_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_1746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1745" xlink:to="Locator_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_1746" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1747" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" xlink:label="Locator_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_1748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1747" xlink:to="Locator_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_1748" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1749" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateITDCreditImpairmentOnCmbsDerivatives" xlink:label="Locator_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_1750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1749" xlink:to="Locator_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_1750" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1751" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances" xlink:label="Locator_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_1752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1751" xlink:to="Locator_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_1752" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1753" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossOnLiquidation" xlink:label="Locator_mbi_PercentageOfLossOnLiquidation_1754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1753" xlink:to="Locator_mbi_PercentageOfLossOnLiquidation_1754" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1755" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumLoansWithDebtServiceCoverageRatio" xlink:label="Locator_mbi_MaximumLoansWithDebtServiceCoverageRatio_1756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1755" xlink:to="Locator_mbi_MaximumLoansWithDebtServiceCoverageRatio_1756" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1757" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1758" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1707" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1707" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1708" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1713" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1714" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1715" xlink:to="Locator_dei_LegalEntityAxis_1716" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1711" xlink:to="Locator_us-gaap_RangeAxis_1712" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MunicipalBondsMember" xlink:label="Locator_us-gaap_MunicipalBondsMember_1856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1855" xlink:to="Locator_us-gaap_MunicipalBondsMember_1856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1857" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1858" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1859" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1860" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1871" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1872" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1982" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1981" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1982" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1873" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" xlink:label="Locator_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_1874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1873" xlink:to="Locator_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_1874" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1875" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" xlink:label="Locator_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_1876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1875" xlink:to="Locator_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_1876" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1877" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember" xlink:label="Locator_mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember_1878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1877" xlink:to="Locator_mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember_1878" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="Locator_mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_1880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1879" xlink:to="Locator_mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_1880" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1881" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember" xlink:label="Locator_mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember_1882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1881" xlink:to="Locator_mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember_1882" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1883" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="Locator_mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_1884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1883" xlink:to="Locator_mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_1884" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1885" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember" xlink:label="Locator_mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember_1886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1885" xlink:to="Locator_mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember_1886" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1887" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_1888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1887" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_1888" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1889" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_1889" xlink:to="Locator_mbi_RangeDomain_1890" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_1892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_1891" xlink:to="Locator_us-gaap_MinimumMember_1892" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_1894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_1893" xlink:to="Locator_us-gaap_MaximumMember_1894" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1895" xlink:to="Locator_us-gaap_SegmentDomain_1896" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienRMBSReservesMember" xlink:label="Locator_mbi_FirstLienRMBSReservesMember_1898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1897" xlink:to="Locator_mbi_FirstLienRMBSReservesMember_1898" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRMBSSecuritizationsMember" xlink:label="Locator_mbi_SecondLienRMBSSecuritizationsMember_1904" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1903" xlink:to="Locator_mbi_SecondLienRMBSSecuritizationsMember_1904" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="Locator_mbi_RmbsAndHelocAndCesMember_1900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1899" xlink:to="Locator_mbi_RmbsAndHelocAndCesMember_1900" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_1902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1901" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_1902" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_1905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_1906" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_1905" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_1906" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_1979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_1980" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementScenarioAxis_1979" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_1980" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_1907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="Locator_us-gaap_ScenarioForecastMember_1908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_1907" xlink:to="Locator_us-gaap_ScenarioForecastMember_1908" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1935" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChargedOffLoanRecoveryValue" xlink:label="Locator_mbi_ChargedOffLoanRecoveryValue_1936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1935" xlink:to="Locator_mbi_ChargedOffLoanRecoveryValue_1936" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1937" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" xlink:label="Locator_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_1938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1937" xlink:to="Locator_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_1938" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForLoans" xlink:label="Locator_mbi_AssumedRollRateForLoans_1944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1943" xlink:to="Locator_mbi_AssumedRollRateForLoans_1944" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1945" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRollRateToLossSet" xlink:label="Locator_mbi_PercentageOfRollRateToLossSet_1946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1945" xlink:to="Locator_mbi_PercentageOfRollRateToLossSet_1946" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1947" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" xlink:label="Locator_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_1948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1947" xlink:to="Locator_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_1948" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1949" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" xlink:label="Locator_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_1950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1949" xlink:to="Locator_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_1950" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1951" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" xlink:label="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_1952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1951" xlink:to="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_1952" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1953" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" xlink:label="Locator_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_1954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1953" xlink:to="Locator_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_1954" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansChargedOff" xlink:label="Locator_mbi_PercentageOfLoansChargedOff_1956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1955" xlink:to="Locator_mbi_PercentageOfLoansChargedOff_1956" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1957" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfCurrentRollToLossForTransaction" xlink:label="Locator_mbi_PercentageOfCurrentRollToLossForTransaction_1958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1957" xlink:to="Locator_mbi_PercentageOfCurrentRollToLossForTransaction_1958" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1959" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction" xlink:label="Locator_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_1960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1959" xlink:to="Locator_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_1960" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" xlink:label="Locator_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_1962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1961" xlink:to="Locator_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_1962" order="18.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" xlink:label="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_1964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1963" xlink:to="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_1964" order="19.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1965" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1965" xlink:to="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1966" order="20.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1969" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths" xlink:label="Locator_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_1970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1969" xlink:to="Locator_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_1970" order="22.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1941" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1941" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1942" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1967" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1967" xlink:to="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1968" order="21.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1933" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1934" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_1940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1939" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_1940" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1929" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1929" xlink:to="Locator_mbi_InsuranceLossRecoverable_1930" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_1932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1931" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_1932" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1927" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1928" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1829" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1830" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1835" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1835" xlink:to="Locator_mbi_LoanStatusAxis_1836" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1861" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_LoanStatusAxis_1861" xlink:to="Locator_mbi_LoanStatusDomain_1862" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1971" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_LoanStatusAxis_1971" xlink:to="Locator_mbi_LoanStatusDomain_1972" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1863" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeclosureMember" xlink:label="Locator_mbi_ForeclosureMember_1864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LoanStatusDomain_1863" xlink:to="Locator_mbi_ForeclosureMember_1864" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1865" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealEstateOwnedMember" xlink:label="Locator_mbi_RealEstateOwnedMember_1866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LoanStatusDomain_1865" xlink:to="Locator_mbi_RealEstateOwnedMember_1866" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1867" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankruptcyMember" xlink:label="Locator_mbi_BankruptcyMember_1868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LoanStatusDomain_1867" xlink:to="Locator_mbi_BankruptcyMember_1868" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1869" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessSpreadMember" xlink:label="Locator_mbi_ExcessSpreadMember_1870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LoanStatusDomain_1869" xlink:to="Locator_mbi_ExcessSpreadMember_1870" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="Locator_mbi_DelinquencyPeriodAxis_1838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1837" xlink:to="Locator_mbi_DelinquencyPeriodAxis_1838" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="Locator_mbi_DelinquencyPeriodAxis_1909" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="Locator_mbi_DelinquencyBucketsDomain_1910" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_DelinquencyPeriodAxis_1909" xlink:to="Locator_mbi_DelinquencyBucketsDomain_1910" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="Locator_mbi_DelinquencyPeriodAxis_1977" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="Locator_mbi_DelinquencyBucketsDomain_1978" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_DelinquencyPeriodAxis_1977" xlink:to="Locator_mbi_DelinquencyBucketsDomain_1978" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="Locator_mbi_DelinquencyBucketsDomain_1911" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AltMember" xlink:label="Locator_mbi_AltMember_1912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_DelinquencyBucketsDomain_1911" xlink:to="Locator_mbi_AltMember_1912" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1839" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_1840" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_1842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1841" xlink:to="Locator_us-gaap_StatementScenarioAxis_1842" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1843" xlink:to="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1844" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesDomain_1914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1913" xlink:to="Locator_us-gaap_ValuationAllowancesAndReservesDomain_1914" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesDomain_1976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1975" xlink:to="Locator_us-gaap_ValuationAllowancesAndReservesDomain_1976" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesDomain_1915" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RateReductionMember" xlink:label="Locator_mbi_RateReductionMember_1916" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationAllowancesAndReservesDomain_1915" xlink:to="Locator_mbi_RateReductionMember_1916" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_1848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1847" xlink:to="Locator_us-gaap_InvestmentTypeAxis_1848" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_1917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1918" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_1917" xlink:to="Locator_invest_InvestmentDomain_1918" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_1973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_InvestmentTypeAxis_1973" xlink:to="Locator_invest_InvestmentDomain_1974" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1845" xlink:to="Locator_us-gaap_RangeAxis_1846" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1833" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1834" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_1850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1849" xlink:to="Locator_mbi_ClassifiedStatusAxis_1850" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_1919" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_1920" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClassifiedStatusAxis_1919" xlink:to="Locator_mbi_ClassifiedStatusDomain_1920" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_1921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="Locator_mbi_ClassifiedMember_1922" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_1921" xlink:to="Locator_mbi_ClassifiedMember_1922" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1851" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1852" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1853" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1853" xlink:to="Locator_mbi_ClaimLiabilityAxis_1854" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1923" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1924" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_1923" xlink:to="Locator_mbi_ClaimLiabilityDomain_1924" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1925" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_1926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1925" xlink:to="Locator_mbi_LossAndLaeReservesMember_1926" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_2115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_2116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_2115" xlink:to="Locator_dei_EntityDomain_2116" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_2117" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaSettlementWithFannieMaeMember" xlink:label="Locator_mbi_BankOfAmericaSettlementWithFannieMaeMember_2118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_2117" xlink:to="Locator_mbi_BankOfAmericaSettlementWithFannieMaeMember_2118" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_2119" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcludingBankOfAmericaAndFlagstarMember" xlink:label="Locator_mbi_ExcludingBankOfAmericaAndFlagstarMember_2120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_2119" xlink:to="Locator_mbi_ExcludingBankOfAmericaAndFlagstarMember_2120" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_2121" xlink:to="Locator_mbi_RangeDomain_2122" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_2124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_2123" xlink:to="Locator_us-gaap_MinimumMember_2124" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_2126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_2125" xlink:to="Locator_us-gaap_MaximumMember_2126" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2128" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2127" xlink:to="Locator_us-gaap_SegmentDomain_2128" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2129" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstAndSecondLienRmbsMember" xlink:label="Locator_mbi_FirstAndSecondLienRmbsMember_2130" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2129" xlink:to="Locator_mbi_FirstAndSecondLienRmbsMember_2130" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2131" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRmbsIneligibleMortgageLoansMember" xlink:label="Locator_mbi_SecondLienRmbsIneligibleMortgageLoansMember_2132" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2131" xlink:to="Locator_mbi_SecondLienRmbsIneligibleMortgageLoansMember_2132" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2133" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="Locator_mbi_RmbsAndHelocAndCesMember_2134" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2133" xlink:to="Locator_mbi_RmbsAndHelocAndCesMember_2134" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2135" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2136" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2135" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2136" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_2138" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2137" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_2138" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2139" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_2140" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2139" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_2140" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" xlink:label="Locator_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_2142" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2141" xlink:to="Locator_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_2142" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2143" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfIneligibleMortgageLoans" xlink:label="Locator_mbi_PercentageOfIneligibleMortgageLoans_2144" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2143" xlink:to="Locator_mbi_PercentageOfIneligibleMortgageLoans_2144" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2145" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SumOfProbabilitiesAssignedToAllScenarios" xlink:label="Locator_mbi_SumOfProbabilitiesAssignedToAllScenarios_2146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2145" xlink:to="Locator_mbi_SumOfProbabilitiesAssignedToAllScenarios_2146" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2147" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" xlink:label="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_2148" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2147" xlink:to="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_2148" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2149" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" xlink:label="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_2150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2149" xlink:to="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_2150" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2151" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_2152" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2151" xlink:to="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_2152" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2153" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateOfEstimatedPotentialRecoveries" xlink:label="Locator_mbi_AggregateOfEstimatedPotentialRecoveries_2154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2153" xlink:to="Locator_mbi_AggregateOfEstimatedPotentialRecoveries_2154" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2155" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedForAssuredGuarantyPutBackClaims" xlink:label="Locator_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_2156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2155" xlink:to="Locator_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_2156" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2157" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" xlink:label="Locator_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_2158" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2157" xlink:to="Locator_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_2158" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2159" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" xlink:label="Locator_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_2160" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2159" xlink:to="Locator_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_2160" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2161" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" xlink:label="Locator_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_2162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2161" xlink:to="Locator_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_2162" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2163" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapSettlementAmountPerTermSheet" xlink:label="Locator_mbi_RescapSettlementAmountPerTermSheet_2164" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2163" xlink:to="Locator_mbi_RescapSettlementAmountPerTermSheet_2164" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2165" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapRecoveryPerDisclosureStatement" xlink:label="Locator_mbi_RescapRecoveryPerDisclosureStatement_2166" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2165" xlink:to="Locator_mbi_RescapRecoveryPerDisclosureStatement_2166" order="18.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2167" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_2168" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2167" xlink:to="Locator_mbi_LoanRepurchaseCommitments_2168" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2170" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2169" xlink:to="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2170" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2171" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2172" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2171" xlink:to="Locator_mbi_InsuranceLossRecoverable_2172" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2173" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2174" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2173" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2174" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_2176" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2175" xlink:to="Locator_dei_LegalEntityAxis_2176" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2177" xlink:to="Locator_us-gaap_RangeAxis_2178" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2179" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2180" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2267" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2268" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2269" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2270" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2271" xlink:to="Locator_us-gaap_SegmentDomain_2272" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2273" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="Locator_mbi_RmbsAndHelocAndCesMember_2274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2273" xlink:to="Locator_mbi_RmbsAndHelocAndCesMember_2274" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="Locator_mbi_IneligibleMortgageLoansMember_2278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2277" xlink:to="Locator_mbi_IneligibleMortgageLoansMember_2278" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2275" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2275" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2276" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2279" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2279" xlink:to="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2280" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_2282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2281" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_2282" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_2283" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_2284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentOperatingActivitiesDomain_2283" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_2284" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2311" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateCdoLossAndLaeReserves" xlink:label="Locator_mbi_AggregateCdoLossAndLaeReserves_2312" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2311" xlink:to="Locator_mbi_AggregateCdoLossAndLaeReserves_2312" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2313" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie" xlink:label="Locator_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_2314" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2313" xlink:to="Locator_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_2314" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" xlink:label="Locator_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_2318" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2317" xlink:to="Locator_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_2318" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2319" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessInterestCashFlowsFromSecuritizations" xlink:label="Locator_mbi_ExcessInterestCashFlowsFromSecuritizations_2320" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2319" xlink:to="Locator_mbi_ExcessInterestCashFlowsFromSecuritizations_2320" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2321" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_2322" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2321" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_2322" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2323" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" xlink:label="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_2324" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2323" xlink:to="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_2324" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReservesForExpectedFutureClaimPayments" xlink:label="Locator_mbi_ReservesForExpectedFutureClaimPayments_2326" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2325" xlink:to="Locator_mbi_ReservesForExpectedFutureClaimPayments_2326" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2327" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2328" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2327" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2328" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2329" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries" xlink:label="Locator_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_2330" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2329" xlink:to="Locator_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_2330" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2331" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" xlink:label="Locator_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_2332" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2331" xlink:to="Locator_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_2332" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_2334" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2333" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_2334" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2335" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="Locator_mbi_TotalEstimatedInsuranceRecoveries_2336" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2335" xlink:to="Locator_mbi_TotalEstimatedInsuranceRecoveries_2336" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_2342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2341" xlink:to="Locator_mbi_LoanRepurchaseCommitments_2342" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_2344" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2343" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_2344" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_2348" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2347" xlink:to="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_2348" order="19.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2345" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2346" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2345" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2346" order="18.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2316" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2315" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2316" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2338" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2337" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2338" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2339" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2339" xlink:to="Locator_mbi_InsuranceLossRecoverable_2340" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2251" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2252" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2263" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="Locator_mbi_ReviewStatusAxis_2264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2263" xlink:to="Locator_mbi_ReviewStatusAxis_2264" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="Locator_mbi_ReviewStatusAxis_2285" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="Locator_mbi_ReviewStatusDomain_2286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ReviewStatusAxis_2285" xlink:to="Locator_mbi_ReviewStatusDomain_2286" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="Locator_mbi_ReviewStatusAxis_2349" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="Locator_mbi_ReviewStatusDomain_2350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_ReviewStatusAxis_2349" xlink:to="Locator_mbi_ReviewStatusDomain_2350" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="Locator_mbi_ReviewStatusDomain_2287" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewedMember" xlink:label="Locator_mbi_ReviewedMember_2288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ReviewStatusDomain_2287" xlink:to="Locator_mbi_ReviewedMember_2288" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2265" xlink:to="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2266" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2257" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2258" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2259" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2259" xlink:to="Locator_mbi_ClassifiedStatusAxis_2260" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2289" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClassifiedStatusAxis_2289" xlink:to="Locator_mbi_ClassifiedStatusDomain_2290" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2351" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2352" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_ClassifiedStatusAxis_2351" xlink:to="Locator_mbi_ClassifiedStatusDomain_2352" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CdoPortfolioMember" xlink:label="Locator_mbi_CdoPortfolioMember_2292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2291" xlink:to="Locator_mbi_CdoPortfolioMember_2292" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2297" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleLoanRecoveriesMember" xlink:label="Locator_mbi_IneligibleLoanRecoveriesMember_2298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2297" xlink:to="Locator_mbi_IneligibleLoanRecoveriesMember_2298" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2293" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="Locator_mbi_ClassifiedMember_2294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2293" xlink:to="Locator_mbi_ClassifiedMember_2294" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2295" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2295" xlink:to="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2296" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2261" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2262" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2255" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2255" xlink:to="Locator_mbi_ClaimLiabilityAxis_2256" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2299" xlink:to="Locator_mbi_ClaimLiabilityDomain_2300" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2353" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_ClaimLiabilityAxis_2353" xlink:to="Locator_mbi_ClaimLiabilityDomain_2354" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeMember" xlink:label="Locator_us-gaap_FinancialGuaranteeMember_2302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2301" xlink:to="Locator_us-gaap_FinancialGuaranteeMember_2302" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2309" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2310" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2309" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2310" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2303" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2304" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2303" xlink:to="Locator_mbi_LossAndLaeReservesMember_2304" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2307" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2308" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2307" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2308" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2305" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_RecoveriesOnUnpaidLossesMember_2306" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2305" xlink:to="Locator_mbi_RecoveriesOnUnpaidLossesMember_2306" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2431" xlink:to="Locator_us-gaap_SegmentDomain_2432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2433" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2434" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2435" xlink:to="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2436" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2437" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2437" xlink:to="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2438" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2439" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2440" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2441" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOfActualAndExpectedPayments" xlink:label="Locator_mbi_RecoveriesOfActualAndExpectedPayments_2442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2441" xlink:to="Locator_mbi_RecoveriesOfActualAndExpectedPayments_2442" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="Locator_mbi_LossesIncurredGrossOfReinsurance_2444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2443" xlink:to="Locator_mbi_LossesIncurredGrossOfReinsurance_2444" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceCostsAndRecoveriesNet" xlink:label="Locator_us-gaap_ReinsuranceCostsAndRecoveriesNet_2446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2445" xlink:to="Locator_us-gaap_ReinsuranceCostsAndRecoveriesNet_2446" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2447" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2448" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2449" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2450" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2451" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2452" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfPolicies" xlink:label="Locator_mbi_NumberOfPolicies_2500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2499" xlink:to="Locator_mbi_NumberOfPolicies_2500" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2501" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2502" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2503" xlink:to="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2504" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2505" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2506" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2507" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2508" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2509" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2510" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2511" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2512" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2513" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2514" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2515" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2516" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2517" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2518" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2519" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2520" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2521" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2521" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2522" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2523" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2523" xlink:to="Locator_mbi_SurveillanceCategoriesAxis_2524" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2525" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_SurveillanceCategoriesAxis_2525" xlink:to="Locator_mbi_SurveillanceCategoriesDomain_2526" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2527" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_SurveillanceCategoriesAxis_2527" xlink:to="Locator_mbi_SurveillanceCategoriesDomain_2528" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2529" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListLowMember" xlink:label="Locator_mbi_CautionListLowMember_2530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2529" xlink:to="Locator_mbi_CautionListLowMember_2530" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2531" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListMediumMember" xlink:label="Locator_mbi_CautionListMediumMember_2532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2531" xlink:to="Locator_mbi_CautionListMediumMember_2532" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2533" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListHighMember" xlink:label="Locator_mbi_CautionListHighMember_2534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2533" xlink:to="Locator_mbi_CautionListHighMember_2534" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedListMember" xlink:label="Locator_mbi_ClassifiedListMember_2536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2535" xlink:to="Locator_mbi_ClassifiedListMember_2536" order="4.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2579" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2580" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeInsuranceLossRecoverable" xlink:label="Locator_mbi_LaeInsuranceLossRecoverable_2582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2581" xlink:to="Locator_mbi_LaeInsuranceLossRecoverable_2582" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2583" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2584" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2583" xlink:to="Locator_mbi_InsuranceLossRecoverable_2584" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims" xlink:label="Locator_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_2586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2585" xlink:to="Locator_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_2586" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" xlink:label="Locator_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_2588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2587" xlink:to="Locator_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_2588" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesPaidLossesRecoverable" xlink:label="Locator_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_2590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2589" xlink:to="Locator_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_2590" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2591" xlink:to="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2592" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2593" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2594" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2595" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2595" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2596" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2597" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2597" xlink:to="Locator_mbi_ClassifiedStatusAxis_2598" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2599" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2600" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClassifiedStatusAxis_2599" xlink:to="Locator_mbi_ClassifiedStatusDomain_2600" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2601" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="Locator_mbi_ClassifiedMember_2602" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2601" xlink:to="Locator_mbi_ClassifiedMember_2602" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2604" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2603" xlink:to="Locator_mbi_ClaimLiabilityAxis_2604" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2605" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2606" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2605" xlink:to="Locator_mbi_ClaimLiabilityDomain_2606" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesClaimLiabilityMember" xlink:label="Locator_mbi_LossReservesClaimLiabilityMember_2608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2607" xlink:to="Locator_mbi_LossReservesClaimLiabilityMember_2608" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2609" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeReservesMember" xlink:label="Locator_mbi_LaeReservesMember_2610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2609" xlink:to="Locator_mbi_LaeReservesMember_2610" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2611" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2611" xlink:to="Locator_mbi_LossAndLaeReservesMember_2612" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2613" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2613" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2614" order="4.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2647" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2648" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2649" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="Locator_mbi_NonVariableInterestEntitiesMember_2650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2649" xlink:to="Locator_mbi_NonVariableInterestEntitiesMember_2650" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2651" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2652" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2653" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewed" xlink:label="Locator_mbi_NumberOfInsuredIssuesReviewed_2654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2653" xlink:to="Locator_mbi_NumberOfInsuredIssuesReviewed_2654" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2655" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2656" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2657" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2658" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2659" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2660" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2661" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2662" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2663" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2663" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2664" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2665" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2665" xlink:to="Locator_mbi_ClassifiedStatusAxis_2666" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2667" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClassifiedStatusAxis_2667" xlink:to="Locator_mbi_ClassifiedStatusDomain_2668" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2669" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2669" xlink:to="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2670" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2671" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanFilesReviewedWithPotentialRecoveriesMember" xlink:label="Locator_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_2672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClassifiedStatusDomain_2671" xlink:to="Locator_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_2672" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2673" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2674" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2713" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2714" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2715" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="Locator_mbi_LossPaymentsForCasesWithReserves_2716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2715" xlink:to="Locator_mbi_LossPaymentsForCasesWithReserves_2716" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2717" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2718" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2719" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2720" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2721" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2721" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2722" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2723" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2724" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_2726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2725" xlink:to="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_2726" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2727" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2728" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2729" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2729" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2730" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2731" xlink:to="Locator_mbi_ClaimLiabilityAxis_2732" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2733" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2733" xlink:to="Locator_mbi_ClaimLiabilityDomain_2734" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2735" xlink:to="Locator_mbi_LossAndLaeReservesMember_2736" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2771" xlink:to="Locator_us-gaap_SegmentDomain_2772" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2773" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2773" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2774" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2775" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2775" xlink:to="Locator_mbi_ClaimLiabilityDomain_2776" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2777" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2778" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2777" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2778" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2779" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_RecoveriesOnUnpaidLossesMember_2780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2779" xlink:to="Locator_mbi_RecoveriesOnUnpaidLossesMember_2780" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2781" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2782" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2781" xlink:to="Locator_mbi_InsuranceLossRecoverable_2782" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2783" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2784" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2783" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2784" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2785" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2786" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2785" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2786" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2787" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="Locator_mbi_CollectionsForCasesWithRecoveries_2788" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2787" xlink:to="Locator_mbi_CollectionsForCasesWithRecoveries_2788" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2790" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2789" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2790" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2791" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2792" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2791" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2792" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2793" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2794" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2793" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2794" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2796" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2795" xlink:to="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2796" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2797" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2798" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2797" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2798" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2799" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2800" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2799" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2800" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2802" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2801" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2802" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2803" xlink:to="Locator_mbi_ClaimLiabilityAxis_2804" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2837" xlink:to="Locator_mbi_ClaimLiabilityDomain_2838" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="Locator_mbi_IneligibleMortgageLoansMember_2840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2839" xlink:to="Locator_mbi_IneligibleMortgageLoansMember_2840" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2841" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2841" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2842" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2843" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2843" xlink:to="Locator_mbi_ClaimLiabilityAxis_2844" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2845" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2846" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2847" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_2848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2847" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_2848" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_2850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2849" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_2850" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2851" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesCollections" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesCollections_2852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2851" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesCollections_2852" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2853" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInAssumptions" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_2854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2853" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_2854" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2855" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceChangesOther" xlink:label="Locator_mbi_EstimatedInsuranceChangesOther_2856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2855" xlink:to="Locator_mbi_EstimatedInsuranceChangesOther_2856" order="6.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2869" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2869" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2870" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2871" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2871" xlink:to="Locator_mbi_ClaimLiabilityAxis_2872" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2873" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2873" xlink:to="Locator_mbi_ClaimLiabilityDomain_2874" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2875" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemedialActionsForInsuredObligationsMember" xlink:label="Locator_mbi_RemedialActionsForInsuredObligationsMember_2876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2875" xlink:to="Locator_mbi_RemedialActionsForInsuredObligationsMember_2876" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredGross" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross_2878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2877" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross_2878" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2927" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2927" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2928" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2929" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2929" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2930" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2931" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2931" xlink:to="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2932" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2933" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2933" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2934" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2935" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2935" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2936" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2937" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2937" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2938" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2939" xlink:to="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2940" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2941" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2941" xlink:to="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2942" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2943" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2944" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2945" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2945" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2946" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2947" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelThree" xlink:label="Locator_mbi_TransfersIntoLevelThree_2948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2947" xlink:to="Locator_mbi_TransfersIntoLevelThree_2948" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2949" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="Locator_mbi_TransfersOutOfLevelThree_2950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2949" xlink:to="Locator_mbi_TransfersOutOfLevelThree_2950" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2951" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="Locator_mbi_TransfersIntoLevelTwo_2952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2951" xlink:to="Locator_mbi_TransfersIntoLevelTwo_2952" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2953" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="Locator_mbi_TransfersOutOfLevelTwo_2954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2953" xlink:to="Locator_mbi_TransfersOutOfLevelTwo_2954" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="Locator_mbi_TransfersIntoAndOutOfLevelOne_2956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2955" xlink:to="Locator_mbi_TransfersIntoAndOutOfLevelOne_2956" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2957" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2957" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2958" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2959" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2959" xlink:to="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2960" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2961" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2962" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="Locator_mbi_InterestRateOnSurplusNotes_2964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2963" xlink:to="Locator_mbi_InterestRateOnSurplusNotes_2964" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2965" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2966" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2967" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2968" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2969" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2970" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2971" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2972" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2973" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_2974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2973" xlink:to="Locator_mbi_BETValuationModelMember_2974" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2975" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_2976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2975" xlink:to="Locator_mbi_DirectPriceModelMember_2976" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3000" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_2999" xlink:to="Locator_invest_InvestmentDomain_3000" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3001" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MultiSectorCDOMember" xlink:label="Locator_mbi_MultiSectorCDOMember_3002" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3001" xlink:to="Locator_mbi_MultiSectorCDOMember_3002" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3003" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_3004" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3003" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_3004" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3006" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3005" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3006" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3008" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3007" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3008" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3009" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3010" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3009" xlink:to="Locator_mbi_CreditDerivativesMember_3010" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3012" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3011" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3012" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3013" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3014" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3016" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3015" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3016" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3018" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3017" xlink:to="Locator_us-gaap_LoansReceivableMember_3018" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3020" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3019" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3020" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_3021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3022" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_3021" xlink:to="Locator_mbi_RangeDomain_3022" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_3024" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_3023" xlink:to="Locator_us-gaap_WeightedAverageMember_3024" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_3026" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_3025" xlink:to="Locator_us-gaap_MinimumMember_3026" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_3028" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_3027" xlink:to="Locator_us-gaap_MaximumMember_3028" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3030" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3029" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3030" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3032" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3031" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3032" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3034" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3033" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3034" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_3036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3035" xlink:to="Locator_mbi_UnobservableInputAxis_3036" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_3037" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3038" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_UnobservableInputAxis_3037" xlink:to="Locator_mbi_UnobservableInputDomain_3038" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_3039" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_UnobservableInputAxis_3039" xlink:to="Locator_mbi_UnobservableInputDomain_3040" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3041" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="Locator_mbi_ImpactOfFinancialGuaranteeMember_3042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3041" xlink:to="Locator_mbi_ImpactOfFinancialGuaranteeMember_3042" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3043" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveryRatesMember" xlink:label="Locator_mbi_RecoveryRatesMember_3044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3043" xlink:to="Locator_mbi_RecoveryRatesMember_3044" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3045" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BreachRateMember" xlink:label="Locator_mbi_BreachRateMember_3046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3045" xlink:to="Locator_mbi_BreachRateMember_3046" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3047" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonperformanceRiskMember" xlink:label="Locator_mbi_NonperformanceRiskMember_3048" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3047" xlink:to="Locator_mbi_NonperformanceRiskMember_3048" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3049" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageLifeMember" xlink:label="Locator_mbi_WeightedAverageLifeMember_3050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3049" xlink:to="Locator_mbi_WeightedAverageLifeMember_3050" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_3052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3051" xlink:to="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_3052" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3053" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="Locator_mbi_DiscountedCashFlowsMember_3054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_3053" xlink:to="Locator_mbi_DiscountedCashFlowsMember_3054" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3055" xlink:to="Locator_invest_InvestmentAxis_3056" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_3058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3057" xlink:to="Locator_us-gaap_RangeAxis_3058" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_3060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3059" xlink:to="Locator_us-gaap_ValuationTechniqueAxis_3060" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_3061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ValuationTechniqueAxis_3061" xlink:to="Locator_us-gaap_ValuationTechniqueDomain_3062" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_3063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ValuationTechniqueAxis_3063" xlink:to="Locator_us-gaap_ValuationTechniqueDomain_3064" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3065" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" xlink:label="Locator_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_3066" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3065" xlink:to="Locator_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_3066" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3067" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowMember" xlink:label="Locator_mbi_DiscountedCashFlowMember_3068" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3067" xlink:to="Locator_mbi_DiscountedCashFlowMember_3068" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3069" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_3070" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3069" xlink:to="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_3070" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_3072" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3071" xlink:to="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_3072" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3073" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_3074" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3073" xlink:to="Locator_mbi_BETValuationModelMember_3074" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3075" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_3076" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3075" xlink:to="Locator_mbi_DirectPriceModelMember_3076" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3077" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="Locator_mbi_BetanddualdefaultvaluationmodelsMember_3078" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3077" xlink:to="Locator_mbi_BetanddualdefaultvaluationmodelsMember_3078" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3079" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="Locator_mbi_FairValueMeasurementRangePercentage_3080" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3079" xlink:to="Locator_mbi_FairValueMeasurementRangePercentage_3080" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3081" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="Locator_mbi_FairValueMeasurementRangeDollars_3082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3081" xlink:to="Locator_mbi_FairValueMeasurementRangeDollars_3082" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3083" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="Locator_mbi_FairValueDisclosureWeightedAverageInYears_3084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3083" xlink:to="Locator_mbi_FairValueDisclosureWeightedAverageInYears_3084" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3085" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3086" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3087" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3088" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureRecurring_3302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3301" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureRecurring_3302" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_3304" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3303" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_3304" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3172" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3171" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3172" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3179" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3180" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3192" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3191" xlink:to="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3192" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3310" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3309" xlink:to="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3310" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3193" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableBondsMember" xlink:label="Locator_mbi_TaxableBondsMember_3194" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3193" xlink:to="Locator_mbi_TaxableBondsMember_3194" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3195" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxExemptBondsMember" xlink:label="Locator_mbi_TaxExemptBondsMember_3196" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3195" xlink:to="Locator_mbi_TaxExemptBondsMember_3196" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3197" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInvestmentsMember" xlink:label="Locator_mbi_TotalInvestmentsMember_3198" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3197" xlink:to="Locator_mbi_TotalInvestmentsMember_3198" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3184" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3183" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3184" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3200" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3199" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3200" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="Locator_mbi_OtherFixedMaturityInvestmentsMember_3206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3205" xlink:to="Locator_mbi_OtherFixedMaturityInvestmentsMember_3206" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_3204" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3203" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_3204" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_3202" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3201" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_3202" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_3188" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3187" xlink:to="Locator_us-gaap_FairValueByLiabilityClassAxis_3188" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_3207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByLiabilityClassAxis_3207" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_3307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3308" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueByLiabilityClassAxis_3307" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3308" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3209" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredDerivativesMember" xlink:label="Locator_mbi_InsuredDerivativesMember_3210" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3209" xlink:to="Locator_mbi_InsuredDerivativesMember_3210" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3211" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="Locator_mbi_NonInsuredDerivativesMember_3212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3211" xlink:to="Locator_mbi_NonInsuredDerivativesMember_3212" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3182" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3181" xlink:to="Locator_invest_InvestmentAxis_3182" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_3213" xlink:to="Locator_invest_InvestmentDomain_3214" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3241" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansreceivableatfairvalueMember" xlink:label="Locator_mbi_LoansreceivableatfairvalueMember_3242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3241" xlink:to="Locator_mbi_LoansreceivableatfairvalueMember_3242" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_3248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3247" xlink:to="Locator_us-gaap_WarrantMember_3248" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableforloanspurchasedMember" xlink:label="Locator_mbi_PayableforloanspurchasedMember_3252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3251" xlink:to="Locator_mbi_PayableforloanspurchasedMember_3252" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativesMember" xlink:label="Locator_mbi_OtherDerivativesMember_3254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3253" xlink:to="Locator_mbi_OtherDerivativesMember_3254" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_3260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3259" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_3260" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3221" xlink:to="Locator_mbi_CorporateObligationMember_3222" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3235" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_3236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3235" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_3236" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3243" xlink:to="Locator_us-gaap_MediumTermNotesMember_3244" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3237" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3237" xlink:to="Locator_mbi_CreditDerivativesMember_3238" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3239" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_3240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3239" xlink:to="Locator_mbi_InterestRateDerivativesMember_3240" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3249" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3249" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3250" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3245" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_3246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3245" xlink:to="Locator_mbi_CurrencyDerivativesMember_3246" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_3256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3255" xlink:to="Locator_us-gaap_EquitySecuritiesMember_3256" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_3216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3215" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_3216" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3217" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3218" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_3220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3219" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_3220" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3223" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_3224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3223" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_3224" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3225" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3225" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3226" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3227" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3228" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_3230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3229" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_3230" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_3232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3231" xlink:to="Locator_mbi_OtherAssetBackedMember_3232" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_3234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3233" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_3234" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3257" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3257" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3258" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3186" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3185" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3186" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3261" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3262" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3263" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3264" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3176" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3175" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3176" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3265" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3266" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3306" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3305" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3306" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NettingAndCollateralMember" xlink:label="Locator_us-gaap_NettingAndCollateralMember_3274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3273" xlink:to="Locator_us-gaap_NettingAndCollateralMember_3274" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_3268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3267" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_3268" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_3270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3269" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_3270" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3271" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3272" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3177" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3178" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3275" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3276" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_3280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3279" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_3280" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3281" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_3282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3281" xlink:to="Locator_mbi_DerivativeAssetsMember_3282" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsHeldForSaleMember" xlink:label="Locator_us-gaap_AssetsHeldForSaleMember_3284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3283" xlink:to="Locator_us-gaap_AssetsHeldForSaleMember_3284" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3287" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_3288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3287" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_3288" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_3290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3289" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_3290" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesheldforsaleMember" xlink:label="Locator_mbi_LiabilitiesheldforsaleMember_3292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3291" xlink:to="Locator_mbi_LiabilitiesheldforsaleMember_3292" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_3278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3277" xlink:to="Locator_us-gaap_FixedMaturitiesMember_3278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3285" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_3286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3285" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_3286" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3190" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3189" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3190" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3293" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3294" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialPrimeFinancingReceivableMember" xlink:label="Locator_us-gaap_ResidentialPrimeFinancingReceivableMember_3296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3295" xlink:to="Locator_us-gaap_ResidentialPrimeFinancingReceivableMember_3296" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3297" xlink:to="Locator_us-gaap_LoansReceivableMember_3298" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3299" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3300" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3507" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3508" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3509" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3510" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3511" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3512" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_3514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3513" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_3514" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_3516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3515" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_3516" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3517" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3518" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3471" xlink:to="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3472" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_3498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3497" xlink:to="Locator_us-gaap_FairValueByMeasurementBasisAxis_3498" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_3519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByMeasurementBasisAxis_3519" xlink:to="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3520" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_3565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueByMeasurementBasisAxis_3565" xlink:to="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3566" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_3522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3521" xlink:to="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_3522" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3523" xlink:to="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3524" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3499" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3500" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3525" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3525" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3526" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3567" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3568" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3527" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_3528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3527" xlink:to="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_3528" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3501" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3502" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3503" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3504" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_3506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3505" xlink:to="Locator_us-gaap_MajorPropertyClassAxis_3506" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_3529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_3530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorPropertyClassAxis_3529" xlink:to="Locator_us-gaap_MajorPropertyClassDomain_3530" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_3569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_3570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_MajorPropertyClassAxis_3569" xlink:to="Locator_us-gaap_MajorPropertyClassDomain_3570" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_3531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsHeldForSaleMember" xlink:label="Locator_us-gaap_AssetsHeldForSaleMember_3532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorPropertyClassDomain_3531" xlink:to="Locator_us-gaap_AssetsHeldForSaleMember_3532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_3534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3533" xlink:to="Locator_us-gaap_OtherInvestments_3534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="Locator_us-gaap_AccruedInvestmentIncomeReceivable_3536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3535" xlink:to="Locator_us-gaap_AccruedInvestmentIncomeReceivable_3536" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3537" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="Locator_mbi_ReceivableForInvestmentsSold_3538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3537" xlink:to="Locator_mbi_ReceivableForInvestmentsSold_3538" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_3540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3539" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_3540" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3541" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3542" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Cashcollateralpledge" xlink:label="Locator_mbi_Cashcollateralpledge_3544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3543" xlink:to="Locator_mbi_Cashcollateralpledge_3544" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3545" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3546" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_3548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3547" xlink:to="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_3548" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_3550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3549" xlink:to="Locator_us-gaap_MediumTermNotes_3550" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="Locator_us-gaap_LongTermDebtFairValue_3552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3551" xlink:to="Locator_us-gaap_LongTermDebtFairValue_3552" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3553" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_3554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3553" xlink:to="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_3554" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_3556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3555" xlink:to="Locator_us-gaap_NotesPayable_3556" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_3558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3557" xlink:to="Locator_mbi_Payableforloanspurchased_3558" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3559" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3560" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeGross" xlink:label="Locator_mbi_FinancialGuaranteeGross_3562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3561" xlink:to="Locator_mbi_FinancialGuaranteeGross_3562" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="Locator_mbi_FinancialGuaranteeCeded_3564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3563" xlink:to="Locator_mbi_FinancialGuaranteeCeded_3564" order="16.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3727" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3728" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_3730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3729" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_3730" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3731" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3732" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3733" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3734" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3735" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3736" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3737" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3738" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3739" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3740" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3741" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3742" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3743" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3744" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3745" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3746" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3747" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3748" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3749" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3750" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3751" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3752" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3753" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3754" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3755" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3756" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3757" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3758" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3759" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3759" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3760" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3761" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3762" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3763" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3764" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3765" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3766" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3767" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3768" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3770" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3769" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3770" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3771" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3772" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3773" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3774" order="26.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3661" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3662" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3665" xlink:to="Locator_invest_InvestmentAxis_3666" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_3673" xlink:to="Locator_invest_InvestmentDomain_3674" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_invest_InvestmentAxis_3775" xlink:to="Locator_invest_InvestmentDomain_3776" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3679" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3679" xlink:to="Locator_mbi_CorporateObligationMember_3680" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_3692" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3691" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_3692" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_3694" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3693" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_3694" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3696" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3695" xlink:to="Locator_us-gaap_MediumTermNotesMember_3696" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3698" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3697" xlink:to="Locator_mbi_CreditDerivativesMember_3698" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3699" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_3700" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3699" xlink:to="Locator_mbi_InterestRateDerivativesMember_3700" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_3702" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3701" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_3702" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3703" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3704" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3703" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3704" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3705" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_3706" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3705" xlink:to="Locator_mbi_CurrencyDerivativesMember_3706" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_3708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3707" xlink:to="Locator_us-gaap_EquitySecuritiesMember_3708" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3675" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3676" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_3678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3677" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_3678" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3681" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_3682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3681" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_3682" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3683" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3684" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3685" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3686" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_3688" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3687" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_3688" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3689" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_3690" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3689" xlink:to="Locator_mbi_OtherAssetBackedMember_3690" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3709" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3710" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3669" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3670" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3711" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3712" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3715" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3715" xlink:to="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3716" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3713" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3714" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3671" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3672" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3717" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3718" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3719" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3720" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3667" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3668" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3721" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3722" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3723" xlink:to="Locator_us-gaap_LoansReceivableMember_3724" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3725" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3726" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3863" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3864" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3865" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3866" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3867" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3868" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3869" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3870" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3871" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3872" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3873" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3874" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3875" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3876" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3877" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3877" xlink:to="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3878" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3879" xlink:to="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3880" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3881" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3881" xlink:to="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3882" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3883" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3883" xlink:to="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3884" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3885" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3885" xlink:to="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3886" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_3888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3887" xlink:to="Locator_us-gaap_NetInvestmentIncome_3888" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3889" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3890" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3891" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3891" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3892" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3893" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3894" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3895" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3896" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3897" xlink:to="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3898" order="6.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3925" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3926" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3929" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3930" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3935" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3936" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3965" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3966" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3937" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="Locator_mbi_InvestmentsCarriedAtFairValueMember_3938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3937" xlink:to="Locator_mbi_InvestmentsCarriedAtFairValueMember_3938" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3939" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3939" xlink:to="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3940" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3945" xlink:to="Locator_us-gaap_OtherAssetsMember_3946" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3947" xlink:to="Locator_us-gaap_MediumTermNotesMember_3948" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3949" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3949" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3950" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="Locator_us-gaap_LongTermDebtMember_3952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3951" xlink:to="Locator_us-gaap_LongTermDebtMember_3952" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3941" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_3942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3941" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_3942" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_3944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3943" xlink:to="Locator_mbi_OtherLoansMember_3944" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3931" xlink:to="Locator_dei_LegalEntityAxis_3932" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_3953" xlink:to="Locator_dei_EntityDomain_3954" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3955" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3956" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3957" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3958" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3933" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3934" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3959" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3960" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3967" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3968" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3961" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3962" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3963" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3964" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4030" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4029" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4030" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_4032" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4031" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_4032" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4033" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_4034" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4033" xlink:to="Locator_mbi_OtherLoansMember_4034" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_4035" xlink:to="Locator_dei_EntityDomain_4036" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4038" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4037" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4038" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4039" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4040" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4041" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4042" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4043" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4044" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4045" xlink:to="Locator_dei_LegalEntityAxis_4046" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4047" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_4048" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4047" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_4048" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_4050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4049" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_4050" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_4052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4051" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_4052" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4053" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_4054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4053" xlink:to="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_4054" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_4056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4055" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_4056" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_4058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4057" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_4058" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4059" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_4060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4059" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_4060" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4061" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_4062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4061" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_4062" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_4064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4063" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_4064" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_4066" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4065" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_4066" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_4068" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4067" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_4068" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4069" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_4070" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4069" xlink:to="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_4070" order="12.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4119" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4120" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_4122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4121" xlink:to="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_4122" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_4128" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4127" xlink:to="Locator_mbi_CorporateObligationMember_4128" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4129" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4130" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4129" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4130" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_4124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4123" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_4124" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_4126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4125" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_4126" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4132" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_4131" xlink:to="Locator_invest_InvestmentDomain_4132" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4133" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_4134" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4133" xlink:to="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_4134" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4136" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_4135" xlink:to="Locator_dei_EntityDomain_4136" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4137" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_4138" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4137" xlink:to="Locator_mbi_MbiaCorpMember_4138" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4151" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_4152" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4151" xlink:to="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_4152" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_4154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4153" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_4154" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4155" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_4156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4155" xlink:to="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_4156" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4157" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_4158" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4157" xlink:to="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_4158" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4159" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_4160" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4159" xlink:to="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_4160" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4161" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_4162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4161" xlink:to="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_4162" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4103" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4104" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4111" xlink:to="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4112" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_4140" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4139" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_4140" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_4164" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4163" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_4164" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_4141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="Locator_mbi_AssetLiabilityProductsBusinessMember_4142" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentOperatingActivitiesDomain_4141" xlink:to="Locator_mbi_AssetLiabilityProductsBusinessMember_4142" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4113" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4114" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4144" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4143" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4144" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4166" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4165" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4166" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_4146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4145" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_4146" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4117" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_4118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4117" xlink:to="Locator_mbi_TypeOfGuaranteeAxis_4118" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_4147" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_4148" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_TypeOfGuaranteeAxis_4147" xlink:to="Locator_mbi_TypeOfGuaranteeDomain_4148" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_4167" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_4168" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_TypeOfGuaranteeAxis_4167" xlink:to="Locator_mbi_TypeOfGuaranteeDomain_4168" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_4149" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="Locator_mbi_ThirdPartyGuarantorsMember_4150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_TypeOfGuaranteeDomain_4149" xlink:to="Locator_mbi_ThirdPartyGuarantorsMember_4150" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4109" xlink:to="Locator_invest_InvestmentAxis_4110" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4107" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4108" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4115" xlink:to="Locator_dei_LegalEntityAxis_4116" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4243" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4244" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4245" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_4246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4245" xlink:to="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_4246" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4247" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_4248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4247" xlink:to="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_4248" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4249" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_4250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4249" xlink:to="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_4250" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanFiftyPercentMember_4252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4251" xlink:to="Locator_mbi_GreaterThanFiftyPercentMember_4252" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4253" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4254" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_4255" xlink:to="Locator_invest_InvestmentDomain_4256" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4257" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_4258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4257" xlink:to="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_4258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4259" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4260" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_4262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4261" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_4262" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4263" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4264" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_4266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4265" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_4266" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4267" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4268" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_4270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4269" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_4270" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4271" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_4272" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4273" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4274" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4275" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_4276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4275" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_4276" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_4278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4277" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_4278" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4235" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4236" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4241" xlink:to="Locator_invest_InvestmentAxis_4242" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4239" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4240" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4308" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4307" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4308" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4309" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="Locator_mbi_AllOtherSecuritiesMember_4310" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4309" xlink:to="Locator_mbi_AllOtherSecuritiesMember_4310" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_4312" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4311" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_4312" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_4314" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4313" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_4314" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_4316" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4315" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_4316" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4318" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_4317" xlink:to="Locator_dei_EntityDomain_4318" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4319" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="Locator_mbi_MbiaCorpAndNationalMember_4320" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4319" xlink:to="Locator_mbi_MbiaCorpAndNationalMember_4320" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4321" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherInsurersMember" xlink:label="Locator_mbi_OtherInsurersMember_4322" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4321" xlink:to="Locator_mbi_OtherInsurersMember_4322" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4324" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4323" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4324" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4326" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4325" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4326" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_4328" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4327" xlink:to="Locator_us-gaap_FinancialInstrumentAxis_4328" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_4329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4330" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FinancialInstrumentAxis_4329" xlink:to="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4330" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_4331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4332" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FinancialInstrumentAxis_4331" xlink:to="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4332" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WrappedSecuritiesMember" xlink:label="Locator_mbi_WrappedSecuritiesMember_4334" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4333" xlink:to="Locator_mbi_WrappedSecuritiesMember_4334" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4336" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4335" xlink:to="Locator_dei_LegalEntityAxis_4336" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_4338" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4337" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_4338" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4339" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_4340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4339" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_4340" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_4342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4341" xlink:to="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_4342" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_4409" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_4410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_4409" xlink:to="Locator_mbi_RangeDomain_4410" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_4411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_4412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_4411" xlink:to="Locator_us-gaap_MinimumMember_4412" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_4413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_4414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_4413" xlink:to="Locator_us-gaap_MaximumMember_4414" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4415" xlink:to="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4416" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_4418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4417" xlink:to="Locator_us-gaap_RangeAxis_4418" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange" xlink:label="Locator_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_4420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4419" xlink:to="Locator_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_4420" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4421" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" xlink:label="Locator_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_4422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4421" xlink:to="Locator_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_4422" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange" xlink:label="Locator_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_4424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4423" xlink:to="Locator_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_4424" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4425" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" xlink:label="Locator_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_4426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4425" xlink:to="Locator_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_4426" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4427" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfPrepaymentSpeedRange" xlink:label="Locator_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_4428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4427" xlink:to="Locator_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_4428" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4429" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" xlink:label="Locator_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_4430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4429" xlink:to="Locator_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_4430" order="6.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_4481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_4482" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_4481" xlink:to="Locator_us-gaap_SegmentDomain_4482" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_4517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_4518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_4517" xlink:to="Locator_us-gaap_SegmentDomain_4518" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_4483" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceOperationsMember" xlink:label="Locator_mbi_InsuranceOperationsMember_4484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_4483" xlink:to="Locator_mbi_InsuranceOperationsMember_4484" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4507" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_4508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4507" xlink:to="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_4508" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_4512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4511" xlink:to="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_4512" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_4510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4509" xlink:to="Locator_invest_DerivativeNotionalAmount_4510" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_4471" xlink:to="Locator_us-gaap_DerivativeTable_4472" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4475" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4485" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4486" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4515" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4516" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaaMember" xlink:label="Locator_mbi_CreditRatingAaaMember_4488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4487" xlink:to="Locator_mbi_CreditRatingAaaMember_4488" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4489" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaMember" xlink:label="Locator_mbi_CreditRatingAaMember_4490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4489" xlink:to="Locator_mbi_CreditRatingAaMember_4490" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4491" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingaMember" xlink:label="Locator_mbi_CreditRatingaMember_4492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4491" xlink:to="Locator_mbi_CreditRatingaMember_4492" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBbbMember" xlink:label="Locator_mbi_CreditRatingBbbMember_4494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4493" xlink:to="Locator_mbi_CreditRatingBbbMember_4494" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="Locator_mbi_CreditRatingBelowInvestmentGradeMember_4496" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4495" xlink:to="Locator_mbi_CreditRatingBelowInvestmentGradeMember_4496" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_4478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4477" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_4478" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4479" xlink:to="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4480" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4497" xlink:to="Locator_us-gaap_CreditDerivativesContractTypeDomain_4498" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4513" xlink:to="Locator_us-gaap_CreditDerivativesContractTypeDomain_4514" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4499" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4500" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4501" xlink:to="Locator_mbi_InsuredSwapsMember_4502" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4503" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4504" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4505" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4506" order="4.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_4581" xlink:to="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4582" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4585" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_4586" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4589" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4590" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_4594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4593" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_4594" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4599" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_4600" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4599" xlink:to="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_4600" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4591" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_4592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4591" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_4592" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_4598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4597" xlink:to="Locator_us-gaap_MediumTermNotesMember_4598" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_4596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4595" xlink:to="Locator_us-gaap_OtherAssetsMember_4596" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4587" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4588" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4602" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4601" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4602" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EmbeddedMember" xlink:label="Locator_mbi_EmbeddedMember_4604" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4603" xlink:to="Locator_mbi_EmbeddedMember_4604" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4605" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="Locator_mbi_GuaranteeObligationsMaximumNetExposure_4606" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4605" xlink:to="Locator_mbi_GuaranteeObligationsMaximumNetExposure_4606" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_4608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4607" xlink:to="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_4608" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_4610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4609" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_4610" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_4612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4611" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_4612" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4613" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="Locator_mbi_NumberOfCreditSupportAnnexes_4614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4613" xlink:to="Locator_mbi_NumberOfCreditSupportAnnexes_4614" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4615" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="Locator_mbi_FairValueOfCreditSupportAnnexes_4616" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4615" xlink:to="Locator_mbi_FairValueOfCreditSupportAnnexes_4616" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4617" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_4618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4617" xlink:to="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_4618" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4619" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_4620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4619" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_4620" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4621" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_4622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4621" xlink:to="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_4622" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4623" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilityCounterpartyNetting" xlink:label="Locator_mbi_DerivativeLiabilityCounterpartyNetting_4624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4623" xlink:to="Locator_mbi_DerivativeLiabilityCounterpartyNetting_4624" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4625" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_4626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4625" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_4626" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4631" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_4632" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4631" xlink:to="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_4632" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4627" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4628" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4629" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4630" order="13.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4677" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4678" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4679" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4680" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4681" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_4682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4681" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_4682" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="Locator_mbi_DerivativeLiabilitiesVIEMember_4684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4683" xlink:to="Locator_mbi_DerivativeLiabilitiesVIEMember_4684" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_4686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4685" xlink:to="Locator_us-gaap_MediumTermNotesMember_4686" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4687" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4688" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4687" xlink:to="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4688" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_4690" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4689" xlink:to="Locator_us-gaap_OtherAssetsMember_4690" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="Locator_mbi_DerivativeAssetsVIEMember_4692" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4691" xlink:to="Locator_mbi_DerivativeAssetsVIEMember_4692" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4693" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_4694" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4693" xlink:to="Locator_mbi_DerivativeAssetsMember_4694" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4695" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4696" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4695" xlink:to="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4696" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsVIEMember" xlink:label="Locator_mbi_OtherAssetsVIEMember_4698" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4697" xlink:to="Locator_mbi_OtherAssetsVIEMember_4698" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4700" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4699" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4700" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="Locator_mbi_InterestRateSwapsEmbeddedMember_4702" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4701" xlink:to="Locator_mbi_InterestRateSwapsEmbeddedMember_4702" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4703" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherMember" xlink:label="Locator_mbi_AllOtherMember_4704" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4703" xlink:to="Locator_mbi_AllOtherMember_4704" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4705" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="Locator_mbi_AllOtherEmbeddedMember_4706" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4705" xlink:to="Locator_mbi_AllOtherEmbeddedMember_4706" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4707" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4708" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4709" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4710" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4711" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4711" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4712" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4713" xlink:to="Locator_us-gaap_InterestRateSwapMember_4714" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4715" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4715" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4716" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4717" xlink:to="Locator_us-gaap_CurrencySwapMember_4718" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4719" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4719" xlink:to="Locator_mbi_CurrencySwapsVieMember_4720" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4721" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4722" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4723" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4723" xlink:to="Locator_mbi_AllOtherVIEMember_4724" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4725" xlink:to="Locator_mbi_InsuredSwapsMember_4726" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_4728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4727" xlink:to="Locator_invest_DerivativeNotionalAmount_4728" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4729" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4729" xlink:to="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4730" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4731" xlink:to="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4732" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4733" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4734" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4735" xlink:to="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4736" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4737" xlink:to="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4738" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4739" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4740" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_4741" xlink:to="Locator_us-gaap_DerivativeTable_4742" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4743" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_4744" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4745" xlink:to="Locator_us-gaap_HedgingDesignationAxis_4746" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_HedgingDesignationAxis_4747" xlink:to="Locator_us-gaap_HedgingDesignationDomain_4748" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_HedgingDesignationAxis_4749" xlink:to="Locator_us-gaap_HedgingDesignationDomain_4750" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4751" xlink:to="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4752" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4753" xlink:to="Locator_us-gaap_NondesignatedMember_4754" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4755" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4756" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4841" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4842" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4843" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4844" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4845" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4846" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4847" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4847" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4848" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4849" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4850" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4851" xlink:to="Locator_us-gaap_InterestRateSwapMember_4852" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4853" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4853" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4854" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4855" xlink:to="Locator_us-gaap_CurrencySwapMember_4856" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4857" xlink:to="Locator_mbi_CurrencySwapsVieMember_4858" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4859" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4860" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4861" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4861" xlink:to="Locator_mbi_AllOtherVIEMember_4862" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4863" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4863" xlink:to="Locator_mbi_InsuredSwapsMember_4864" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommodityIndexLinkedNotesMember" xlink:label="Locator_us-gaap_CommodityIndexLinkedNotesMember_4866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4865" xlink:to="Locator_us-gaap_CommodityIndexLinkedNotesMember_4866" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_4867" xlink:to="Locator_us-gaap_DerivativeTable_4868" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4869" xlink:to="Locator_us-gaap_IncomeStatementLocationAxis_4870" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_IncomeStatementLocationAxis_4827" xlink:to="Locator_us-gaap_IncomeStatementLocationDomain_4828" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_IncomeStatementLocationAxis_4829" xlink:to="Locator_us-gaap_IncomeStatementLocationDomain_4830" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4831" xlink:to="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4832" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4833" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4833" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4834" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4835" xlink:to="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4836" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4837" xlink:to="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4838" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="Locator_mbi_InterestIncomeExpenseMember_4840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4839" xlink:to="Locator_mbi_InterestIncomeExpenseMember_4840" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4871" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4872" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4873" xlink:to="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4874" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4875" xlink:to="Locator_us-gaap_HedgingRelationshipDomain_4876" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4877" xlink:to="Locator_us-gaap_HedgingRelationshipDomain_4878" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4879" xlink:to="Locator_us-gaap_NondesignatedMember_4880" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="Locator_us-gaap_FairValueHedgingMember_4882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4881" xlink:to="Locator_us-gaap_FairValueHedgingMember_4882" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4883" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4883" xlink:to="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4884" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4885" xlink:to="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4886" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4887" xlink:to="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4888" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4998" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4997" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4998" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4999" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="Locator_mbi_NonVariableInterestEntitiesMember_5000" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4999" xlink:to="Locator_mbi_NonVariableInterestEntitiesMember_5000" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4996" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4995" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4996" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4992" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4991" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4992" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5002" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5001" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5002" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_5004" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5003" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_5004" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5006" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5005" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5006" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="Locator_us-gaap_DeferredTaxLiabilities_5008" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5007" xlink:to="Locator_us-gaap_DeferredTaxLiabilities_5008" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_5010" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5009" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_5010" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_5012" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5011" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_5012" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_5014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5013" xlink:to="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_5014" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_5016" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5015" xlink:to="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_5016" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="Locator_mbi_TaxableIncomeProjectionYears_5018" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5017" xlink:to="Locator_mbi_TaxableIncomeProjectionYears_5018" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="Locator_mbi_MaximumTaxableIncomeProjectionYears_5020" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5019" xlink:to="Locator_mbi_MaximumTaxableIncomeProjectionYears_5020" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_5022" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5021" xlink:to="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_5022" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5023" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="Locator_mbi_UnrealizableDeferredTaxAssets_5024" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5023" xlink:to="Locator_mbi_UnrealizableDeferredTaxAssets_5024" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_5026" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5025" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_5026" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5027" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_5028" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5027" xlink:to="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_5028" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_5030" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5029" xlink:to="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_5030" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_5032" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5031" xlink:to="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_5032" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_5034" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5033" xlink:to="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_5034" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_5036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5035" xlink:to="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_5036" order="18.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_5038" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5037" xlink:to="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_5038" order="19.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="Locator_us-gaap_OperatingLossCarryforwards_5040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5039" xlink:to="Locator_us-gaap_OperatingLossCarryforwards_5040" order="20.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_5042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5041" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_5042" order="21.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_5044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_5043" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_5044" order="22.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_5071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_5072" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_5071" xlink:to="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_5072" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_5073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5074" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_5073" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5074" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_5076" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5075" xlink:to="Locator_us-gaap_StatementGeographicalAxis_5076" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_5077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5078" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementGeographicalAxis_5077" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_5078" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_5079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5080" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementGeographicalAxis_5079" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_5080" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_GB" xlink:label="Locator_country_GB_5082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5081" xlink:to="Locator_country_GB_5082" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5083" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="Locator_mbi_EuropeExcludingUnitedKingdomMember_5084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5083" xlink:to="Locator_mbi_EuropeExcludingUnitedKingdomMember_5084" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5085" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CentralAndSouthAmericaMember" xlink:label="Locator_mbi_CentralAndSouthAmericaMember_5086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5085" xlink:to="Locator_mbi_CentralAndSouthAmericaMember_5086" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AsiaMember" xlink:label="Locator_us-gaap_AsiaMember_5088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5087" xlink:to="Locator_us-gaap_AsiaMember_5088" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLocationsMember" xlink:label="Locator_mbi_OtherLocationsMember_5090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5089" xlink:to="Locator_mbi_OtherLocationsMember_5090" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_5092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5091" xlink:to="Locator_mbi_InternationallyDiversifiedMember_5092" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="Locator_country_US_5094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5093" xlink:to="Locator_country_US_5094" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5186" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_5185" xlink:to="Locator_dei_EntityDomain_5186" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5187" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_5188" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5187" xlink:to="Locator_mbi_NationalMember_5188" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_5175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5176" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_LossContingenciesLineItems_5175" xlink:to="Locator_us-gaap_LossContingenciesTable_5176" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_LossContingenciesTable_5177" xlink:to="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5178" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_5182" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5181" xlink:to="Locator_us-gaap_LossContingencyNatureDomain_5182" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_5192" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5191" xlink:to="Locator_us-gaap_LossContingencyNatureDomain_5192" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_5183" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinstatedMember" xlink:label="Locator_mbi_ReinstatedMember_5184" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LossContingencyNatureDomain_5183" xlink:to="Locator_mbi_ReinstatedMember_5184" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_LossContingenciesTable_5179" xlink:to="Locator_dei_LegalEntityAxis_5180" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_5189" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="Locator_mbi_CityOfDetroitUtgoBonds_5190" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LossContingenciesLineItems_5189" xlink:to="Locator_mbi_CityOfDetroitUtgoBonds_5190" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5417" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DomesticMember" xlink:label="Locator_mbi_DomesticMember_5418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5417" xlink:to="Locator_mbi_DomesticMember_5418" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignMember" xlink:label="Locator_mbi_ForeignMember_5420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5419" xlink:to="Locator_mbi_ForeignMember_5420" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5421" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_5422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_5421" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesTable_5422" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_5423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesTable_5423" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5424" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5425" xlink:to="Locator_dei_EntityDomain_5426" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5427" xlink:to="Locator_dei_EntityDomain_5428" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5429" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5430" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_5483" xlink:to="Locator_invest_InvestmentDomain_5484" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_5486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5485" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_5486" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5487" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5488" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_5490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5489" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_5490" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5491" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5492" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_5494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5493" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_5494" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5496" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5495" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5496" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5497" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5498" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_5500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5499" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_5500" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_5502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5501" xlink:to="Locator_mbi_OtherAssetBackedMember_5502" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5503" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_5504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5503" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_5504" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5505" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5506" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5507" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5508" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5509" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5510" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5511" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5512" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5513" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5514" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5515" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_5516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5515" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_5516" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5517" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5517" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5518" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_5520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5519" xlink:to="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_5520" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_5522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5521" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_5522" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_5524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5523" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_5524" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5525" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_5526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5525" xlink:to="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_5526" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5527" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_5528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5527" xlink:to="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_5528" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5529" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_5530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5529" xlink:to="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_5530" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5531" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5533" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5534" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5535" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5536" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5537" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5538" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5539" xlink:to="Locator_invest_InvestmentAxis_5540" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5541" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5542" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5543" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5544" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5545" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5546" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5692" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5691" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5692" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5694" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5693" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5694" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5696" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5695" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5696" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5698" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5697" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5698" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5702" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5701" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5702" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5704" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5703" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5704" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5706" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5705" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5706" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5707" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5708" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5709" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5710" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5711" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5712" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5713" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5714" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5715" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5716" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5717" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5718" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5719" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5720" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5721" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5722" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5723" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5724" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5727" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5728" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5729" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5730" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5731" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5732" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5733" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5734" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5735" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5736" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5737" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5738" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5739" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5740" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5741" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5742" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5743" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5744" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5745" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5746" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5747" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5748" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5749" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5750" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5595" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5595" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5596" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5688" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5687" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5688" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5690" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5689" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5690" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5700" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5699" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5700" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5725" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5726" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_5811" xlink:to="Locator_invest_InvestmentDomain_5812" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_5814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5813" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_5814" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5815" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5816" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_5818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5817" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_5818" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5819" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5820" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_5822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5821" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_5822" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5823" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5824" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5825" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5826" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_5828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5827" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_5828" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_5830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5829" xlink:to="Locator_mbi_OtherAssetBackedMember_5830" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_5832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5831" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_5832" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5833" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5833" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5834" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5835" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5836" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5837" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5838" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5839" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5840" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5841" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5842" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5843" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5844" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5845" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_5846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5845" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_5846" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5847" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5848" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_5850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5849" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_5850" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5851" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5852" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5853" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5853" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5854" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5855" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5857" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5858" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5859" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5860" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5861" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5861" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5862" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5863" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5864" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5865" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5865" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5866" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5867" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5867" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5868" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5869" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5870" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5871" xlink:to="Locator_invest_InvestmentAxis_5872" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5873" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5874" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5875" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5876" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5877" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5878" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5935" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5936" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AbsMbsCorporateObligationsMember" xlink:label="Locator_mbi_AbsMbsCorporateObligationsMember_5944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5943" xlink:to="Locator_mbi_AbsMbsCorporateObligationsMember_5944" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_5938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5937" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_5938" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_5940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5939" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_5940" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5941" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5942" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5927" xlink:to="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5928" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_5932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5931" xlink:to="Locator_us-gaap_CreditRatingMoodysAxis_5932" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_5945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditRatingMoodysAxis_5945" xlink:to="Locator_us-gaap_ExternalCreditRatingMoodysMember_5946" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_5963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CreditRatingMoodysAxis_5963" xlink:to="Locator_us-gaap_ExternalCreditRatingMoodysMember_5964" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa1RatingMember" xlink:label="Locator_us-gaap_MoodysAa1RatingMember_5950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5949" xlink:to="Locator_us-gaap_MoodysAa1RatingMember_5950" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BelowInvestmentGradeMember" xlink:label="Locator_mbi_BelowInvestmentGradeMember_5956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5955" xlink:to="Locator_mbi_BelowInvestmentGradeMember_5956" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5957" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotRatedMember" xlink:label="Locator_mbi_NotRatedMember_5958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5957" xlink:to="Locator_mbi_NotRatedMember_5958" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAaaRatingMember" xlink:label="Locator_us-gaap_MoodysAaaRatingMember_5948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5947" xlink:to="Locator_us-gaap_MoodysAaaRatingMember_5948" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA1RatingMember" xlink:label="Locator_us-gaap_MoodysA1RatingMember_5952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5951" xlink:to="Locator_us-gaap_MoodysA1RatingMember_5952" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysBaa1RatingMember" xlink:label="Locator_us-gaap_MoodysBaa1RatingMember_5954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5953" xlink:to="Locator_us-gaap_MoodysBaa1RatingMember_5954" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5933" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5934" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5959" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5960" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5961" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5962" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6008" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6007" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6008" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_6010" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6009" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_6010" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_6012" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6011" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_6012" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_6014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6013" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_6014" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsTable_6002" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6001" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsTable_6002" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsTable_6005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6006" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsTable_6005" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6006" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="Locator_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_6016" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6015" xlink:to="Locator_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_6016" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="Locator_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_6018" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6017" xlink:to="Locator_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_6018" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6043" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_6043" xlink:to="Locator_mbi_RangeDomain_6044" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_6050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6049" xlink:to="Locator_us-gaap_WeightedAverageMember_6050" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6045" xlink:to="Locator_us-gaap_MinimumMember_6046" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6048" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6047" xlink:to="Locator_us-gaap_MaximumMember_6048" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6035" xlink:to="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6036" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6039" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6040" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6051" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6052" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6063" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6064" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="Locator_us-gaap_BuildingAndBuildingImprovementsMember_6054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6053" xlink:to="Locator_us-gaap_BuildingAndBuildingImprovementsMember_6054" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="Locator_us-gaap_LeaseholdImprovementsMember_6056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6055" xlink:to="Locator_us-gaap_LeaseholdImprovementsMember_6056" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="Locator_us-gaap_FurnitureAndFixturesMember_6058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6057" xlink:to="Locator_us-gaap_FurnitureAndFixturesMember_6058" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="Locator_us-gaap_ComputerEquipmentMember_6060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6059" xlink:to="Locator_us-gaap_ComputerEquipmentMember_6060" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6041" xlink:to="Locator_us-gaap_RangeAxis_6042" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_6062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6061" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_6062" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6106" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6105" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6106" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="Locator_mbi_NonVariableInterestEntitiesMember_6108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6107" xlink:to="Locator_mbi_NonVariableInterestEntitiesMember_6108" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6109" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6110" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6111" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_6111" xlink:to="Locator_mbi_RangeDomain_6112" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6113" xlink:to="Locator_us-gaap_MinimumMember_6114" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6115" xlink:to="Locator_us-gaap_MaximumMember_6116" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_6117" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_6118" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="Locator_us-gaap_ScenarioPreviouslyReportedMember_6120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6119" xlink:to="Locator_us-gaap_ScenarioPreviouslyReportedMember_6120" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6099" xlink:to="Locator_us-gaap_RangeAxis_6100" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6101" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6102" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6103" xlink:to="Locator_us-gaap_StatementScenarioAxis_6104" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AccountingPolicyLineItems_6095" xlink:to="Locator_us-gaap_StatementTable_6096" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_6122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_6121" xlink:to="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_6122" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement" xlink:label="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_6124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_6123" xlink:to="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_6124" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6125" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_6126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_6125" xlink:to="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_6126" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6172" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6171" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6172" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_6174" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6173" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_6174" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_6176" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6175" xlink:to="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_6176" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6177" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6178" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_6179" xlink:to="Locator_us-gaap_StatementTable_6180" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6182" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6181" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_6182" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6184" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_6183" xlink:to="Locator_us-gaap_EquityComponentDomain_6184" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6186" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_6185" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6186" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6188" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_6187" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6188" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6237" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6237" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6238" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_6240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6239" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_6240" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_6242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6241" xlink:to="Locator_us-gaap_NetInvestmentIncome_6242" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6243" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6244" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_6246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6245" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_6246" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_6248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6247" xlink:to="Locator_us-gaap_NetIncomeLoss_6248" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_6213" xlink:to="Locator_us-gaap_StatementTable_6214" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6223" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_6224" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_6227" xlink:to="Locator_us-gaap_EquityComponentDomain_6228" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_6229" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6230" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_6231" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6232" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6225" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6226" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6233" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6234" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6249" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6250" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_6236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6235" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_6236" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfExtinguishmentOfDebtTable" xlink:label="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6275" xlink:to="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6276" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfExtinguishmentOfDebtTable" xlink:label="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAxis_6278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6277" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtAxis_6278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAxis_6279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtAxis_6279" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6280" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAxis_6287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtAxis_6287" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6288" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_6282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6281" xlink:to="Locator_us-gaap_MediumTermNotesMember_6282" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAmount" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAmount_6284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6283" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtAmount_6284" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6285" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6286" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_6405" xlink:to="Locator_dei_EntityDomain_6406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6407" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaMember" xlink:label="Locator_mbi_BankOfAmericaMember_6408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6407" xlink:to="Locator_mbi_BankOfAmericaMember_6408" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6415" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterIscMember" xlink:label="Locator_mbi_CutwaterIscMember_6416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6415" xlink:to="Locator_mbi_CutwaterIscMember_6416" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6417" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6418" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6409" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_6410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6409" xlink:to="Locator_mbi_MbiaIncMember_6410" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_6412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6411" xlink:to="Locator_mbi_MbiaCorpMember_6412" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6413" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_6414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6413" xlink:to="Locator_mbi_BlueRidgeMember_6414" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6395" xlink:to="Locator_us-gaap_RangeAxis_6396" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_6419" xlink:to="Locator_mbi_RangeDomain_6420" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_6426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6425" xlink:to="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_6426" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6427" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetMinimumMember" xlink:label="Locator_mbi_DisposalOfAssetMinimumMember_6428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6427" xlink:to="Locator_mbi_DisposalOfAssetMinimumMember_6428" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6429" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingMaximumPeriodMember" xlink:label="Locator_mbi_LiquidityBorrowingMaximumPeriodMember_6430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6429" xlink:to="Locator_mbi_LiquidityBorrowingMaximumPeriodMember_6430" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6423" xlink:to="Locator_us-gaap_MinimumMember_6424" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6421" xlink:to="Locator_us-gaap_MaximumMember_6422" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6397" xlink:to="Locator_dei_LegalEntityAxis_6398" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_6400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6399" xlink:to="Locator_us-gaap_CreditFacilityAxis_6400" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_6431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditFacilityAxis_6431" xlink:to="Locator_us-gaap_CreditFacilityDomain_6432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_6555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CreditFacilityAxis_6555" xlink:to="Locator_us-gaap_CreditFacilityDomain_6556" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiborRateLoansMember" xlink:label="Locator_mbi_LiborRateLoansMember_6434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_6433" xlink:to="Locator_mbi_LiborRateLoansMember_6434" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BaseRateLoansMember" xlink:label="Locator_mbi_BaseRateLoansMember_6436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_6435" xlink:to="Locator_mbi_BaseRateLoansMember_6436" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_6438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_6437" xlink:to="Locator_us-gaap_MediumTermNotesMember_6438" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_6440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_6439" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_6440" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6401" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6402" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6441" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6442" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6557" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6558" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApplicableMarginMember" xlink:label="Locator_mbi_ApplicableMarginMember_6444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6443" xlink:to="Locator_mbi_ApplicableMarginMember_6444" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6445" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="Locator_mbi_FederalFundsRateMarginMember_6446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6445" xlink:to="Locator_mbi_FederalFundsRateMarginMember_6446" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6447" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="Locator_mbi_AdjustedLiborRateMarginMember_6448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6447" xlink:to="Locator_mbi_AdjustedLiborRateMarginMember_6448" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AveragerateMember" xlink:label="Locator_mbi_AveragerateMember_6450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6449" xlink:to="Locator_mbi_AveragerateMember_6450" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="Locator_mbi_MbiaCorpSurplusNotesMember_6454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6453" xlink:to="Locator_mbi_MbiaCorpSurplusNotesMember_6454" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6451" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_6452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6451" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_6452" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_6404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6403" xlink:to="Locator_us-gaap_ProductOrServiceAxis_6404" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_6455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ProductOrServiceAxis_6455" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_6456" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_6559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ProductOrServiceAxis_6559" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_6560" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="Locator_mbi_ConduitsMember_6458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_6457" xlink:to="Locator_mbi_ConduitsMember_6458" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="Locator_mbi_AssetLiabilityProductsMember_6460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_6459" xlink:to="Locator_mbi_AssetLiabilityProductsMember_6460" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="Locator_mbi_GlobalFundingLimitedMember_6462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_6461" xlink:to="Locator_mbi_GlobalFundingLimitedMember_6462" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6391" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6392" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_6464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6463" xlink:to="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_6464" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_6472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6471" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_6472" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_6474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6473" xlink:to="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_6474" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_6476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6475" xlink:to="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_6476" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6477" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesAtParValueOwnedByCorporateSegment" xlink:label="Locator_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_6478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6477" xlink:to="Locator_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_6478" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeniorNotesAtParValueOwnedByNational" xlink:label="Locator_mbi_SeniorNotesAtParValueOwnedByNational_6480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6479" xlink:to="Locator_mbi_SeniorNotesAtParValueOwnedByNational_6480" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6481" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesRepurchasedAtOutstandingParValue" xlink:label="Locator_mbi_SurplusNotesRepurchasedAtOutstandingParValue_6482" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6481" xlink:to="Locator_mbi_SurplusNotesRepurchasedAtOutstandingParValue_6482" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6483" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_6484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6483" xlink:to="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_6484" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchaseAmount_6486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6485" xlink:to="Locator_us-gaap_DebtInstrumentRepurchaseAmount_6486" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6489" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="Locator_mbi_WeightedAveragePriceOfSeniorNotes_6490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6489" xlink:to="Locator_mbi_WeightedAveragePriceOfSeniorNotes_6490" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_6492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6491" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_6492" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_6494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6493" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_6494" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="Locator_us-gaap_DebtWeightedAverageInterestRate_6496" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6495" xlink:to="Locator_us-gaap_DebtWeightedAverageInterestRate_6496" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_6502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6501" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_6502" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_6504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6503" xlink:to="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_6504" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_6506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6505" xlink:to="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_6506" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_6508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6507" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_6508" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_6510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6509" xlink:to="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_6510" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_6512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6511" xlink:to="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_6512" order="25.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6513" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="Locator_mbi_GeneralCorporatePurposesProceedsLimit_6514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6513" xlink:to="Locator_mbi_GeneralCorporatePurposesProceedsLimit_6514" order="26.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6515" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="Locator_mbi_LiquidityRequirementsPeriod_6516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6515" xlink:to="Locator_mbi_LiquidityRequirementsPeriod_6516" order="27.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6517" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="Locator_mbi_SubsidiaryCollateralPercentage_6518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6517" xlink:to="Locator_mbi_SubsidiaryCollateralPercentage_6518" order="28.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="Locator_mbi_SecuredLineOfCreditCollateral_6520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6519" xlink:to="Locator_mbi_SecuredLineOfCreditCollateral_6520" order="29.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_6522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6521" xlink:to="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_6522" order="30.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6523" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_6524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6523" xlink:to="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_6524" order="31.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_6526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6525" xlink:to="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_6526" order="32.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations" xlink:label="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_6528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6527" xlink:to="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_6528" order="33.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6529" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_6530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6529" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_6530" order="34.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6531" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="Locator_mbi_PutbackRecoveriesCollateralPercentage_6532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6531" xlink:to="Locator_mbi_PutbackRecoveriesCollateralPercentage_6532" order="35.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6533" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_6534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6533" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_6534" order="36.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_6536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6535" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_6536" order="37.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6537" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="Locator_mbi_DisposalOfAssetsCollateralPercentage_6538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6537" xlink:to="Locator_mbi_DisposalOfAssetsCollateralPercentage_6538" order="38.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6539" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="Locator_mbi_DisposalOfAssetsCollateralMaximum_6540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6539" xlink:to="Locator_mbi_DisposalOfAssetsCollateralMaximum_6540" order="39.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_6542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6541" xlink:to="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_6542" order="40.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="Locator_mbi_MinimumStatutoryCapitalRequirement_6544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6543" xlink:to="Locator_mbi_MinimumStatutoryCapitalRequirement_6544" order="41.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsMaximumAmount_6546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6545" xlink:to="Locator_mbi_RemediationEffortsMaximumAmount_6546" order="42.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_6548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6547" xlink:to="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_6548" order="43.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6549" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_6550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6549" xlink:to="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_6550" order="44.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="Locator_us-gaap_LettersOfCreditOutstandingAmount_6552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6551" xlink:to="Locator_us-gaap_LettersOfCreditOutstandingAmount_6552" order="45.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6553" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="Locator_mbi_NumberPooledInvestmentPrograms_6554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6553" xlink:to="Locator_mbi_NumberPooledInvestmentPrograms_6554" order="46.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_6466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6465" xlink:to="Locator_us-gaap_SurplusNotes_6466" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6467" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6468" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_6488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6487" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_6488" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_6470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6469" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_6470" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6499" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6500" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6497" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6498" order="18.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_6709" xlink:to="Locator_mbi_RangeDomain_6710" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6711" xlink:to="Locator_us-gaap_MinimumMember_6712" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_6713" xlink:to="Locator_us-gaap_MaximumMember_6714" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AwardTypeAxis_6715" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6716" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6790" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_AwardTypeAxis_6789" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6790" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6717" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OmnibusPlanMember" xlink:label="Locator_mbi_OmnibusPlanMember_6718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6717" xlink:to="Locator_mbi_OmnibusPlanMember_6718" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6721" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RestrictedShareUnitMember" xlink:label="Locator_mbi_RestrictedShareUnitMember_6722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6721" xlink:to="Locator_mbi_RestrictedShareUnitMember_6722" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="Locator_us-gaap_EmployeeStockOptionMember_6724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6723" xlink:to="Locator_us-gaap_EmployeeStockOptionMember_6724" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="Locator_mbi_PerformanceBasedAwardsMember_6726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6725" xlink:to="Locator_mbi_PerformanceBasedAwardsMember_6726" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredCashAwardsMember" xlink:label="Locator_mbi_DeferredCashAwardsMember_6728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6727" xlink:to="Locator_mbi_DeferredCashAwardsMember_6728" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6719" xlink:to="Locator_us-gaap_RestrictedStockMember_6720" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_6742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6741" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_6742" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_6744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6743" xlink:to="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_6744" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6745" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_6746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6745" xlink:to="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_6746" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6747" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_6748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6747" xlink:to="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_6748" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6749" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_6750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6749" xlink:to="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_6750" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_6752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6751" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_6752" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6753" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6754" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_6760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6759" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_6760" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_6762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6761" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_6762" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_6764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6763" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_6764" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="Locator_us-gaap_AllocatedShareBasedCompensationExpense_6766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6765" xlink:to="Locator_us-gaap_AllocatedShareBasedCompensationExpense_6766" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_6768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6767" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_6768" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_6770" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6769" xlink:to="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_6770" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6771" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6772" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6773" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="Locator_mbi_DeferredTaxAssetWriteOff_6774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6773" xlink:to="Locator_mbi_DeferredTaxAssetWriteOff_6774" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6775" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6776" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_6778" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6777" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_6778" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6779" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6780" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6782" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6781" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6782" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6784" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6783" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6784" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6786" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6785" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6786" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6757" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6758" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6755" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6756" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6698" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6697" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6698" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6704" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6703" xlink:to="Locator_us-gaap_RangeAxis_6704" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6706" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6705" xlink:to="Locator_us-gaap_TitleOfIndividualAxis_6706" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_TitleOfIndividualAxis_6729" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6730" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6788" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_TitleOfIndividualAxis_6787" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6788" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_KeyEmployeesMember" xlink:label="Locator_mbi_KeyEmployeesMember_6732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6731" xlink:to="Locator_mbi_KeyEmployeesMember_6732" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6733" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BoardOfDirectorsMember" xlink:label="Locator_mbi_BoardOfDirectorsMember_6734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6733" xlink:to="Locator_mbi_BoardOfDirectorsMember_6734" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6707" xlink:to="Locator_us-gaap_StatementScenarioAxis_6708" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_6735" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_6736" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AfterAmendmentMember" xlink:label="Locator_mbi_AfterAmendmentMember_6738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6737" xlink:to="Locator_mbi_AfterAmendmentMember_6738" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PriorToAmendmentMember" xlink:label="Locator_mbi_PriorToAmendmentMember_6740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6739" xlink:to="Locator_mbi_PriorToAmendmentMember_6740" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6702" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6701" xlink:to="Locator_us-gaap_AwardTypeAxis_6702" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AwardTypeAxis_6853" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6854" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6855" xlink:to="Locator_us-gaap_RestrictedStockMember_6856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6857" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6858" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6859" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6860" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6861" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6862" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6863" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6864" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6865" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6866" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6867" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6868" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6869" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6870" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6871" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6872" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6873" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6874" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6875" xlink:to="Locator_us-gaap_AwardTypeAxis_6876" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6889" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6890" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6891" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6892" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OfficerMember" xlink:label="Locator_us-gaap_OfficerMember_6894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6893" xlink:to="Locator_us-gaap_OfficerMember_6894" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherOneMember" xlink:label="Locator_mbi_OtherOneMember_6896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6895" xlink:to="Locator_mbi_OtherOneMember_6896" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6897" xlink:to="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6898" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6899" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6900" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6901" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6902" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_6969" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionsExercisableMember" xlink:label="Locator_mbi_OptionsExercisableMember_6970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_6969" xlink:to="Locator_mbi_OptionsExercisableMember_6970" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6961" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6962" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_6966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6965" xlink:to="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_6966" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_6971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_6972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_6971" xlink:to="Locator_us-gaap_TypeOfDeferredCompensationDomain_6972" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_7001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_7002" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_7001" xlink:to="Locator_us-gaap_TypeOfDeferredCompensationDomain_7002" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_6968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6967" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_6968" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_6973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_6974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_6973" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_6974" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_6999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7000" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_6999" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7000" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_6975" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" xlink:label="Locator_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_6976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_6975" xlink:to="Locator_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_6976" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_6977" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" xlink:label="Locator_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_6978" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_6977" xlink:to="Locator_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_6978" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_6980" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6979" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_6980" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_6982" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6981" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_6982" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6984" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6983" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6984" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6986" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6985" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6986" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_6988" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6987" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_6988" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_6990" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6989" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_6990" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6992" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6991" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6992" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6994" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6993" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6994" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_6996" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6995" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_6996" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_6998" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6997" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_6998" order="10.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7078" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_7077" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_7078" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7079" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_7080" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7079" xlink:to="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_7080" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7081" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_7082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7081" xlink:to="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_7082" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7083" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_7084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7083" xlink:to="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_7084" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7085" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_7086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7085" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_7086" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7087" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7087" xlink:to="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7088" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7089" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7090" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7091" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7092" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7093" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7093" xlink:to="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7094" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_7096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7095" xlink:to="Locator_us-gaap_SurplusNotes_7096" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7098" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7097" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_7098" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_7100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7099" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_7100" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_7102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7101" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_7102" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCallDateEarliest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateEarliest_7104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7103" xlink:to="Locator_us-gaap_DebtInstrumentCallDateEarliest_7104" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_7106" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7105" xlink:to="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_7106" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_7108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7107" xlink:to="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_7108" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCallDateLatest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateLatest_7110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7109" xlink:to="Locator_us-gaap_DebtInstrumentCallDateLatest_7110" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_7112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7111" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_7112" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7113" xlink:to="Locator_us-gaap_DebtInstrumentTable_7114" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_7115" xlink:to="Locator_us-gaap_DebtInstrumentAxis_7116" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7117" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_7118" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7119" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7120" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7121" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7122" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_7179" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_7180" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_7182" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7181" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_7182" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7183" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7184" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7183" xlink:to="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7184" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtMember" xlink:label="Locator_us-gaap_DebtMember_7186" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7185" xlink:to="Locator_us-gaap_DebtMember_7186" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7187" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7188" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7187" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7188" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7189" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7190" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7189" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7190" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7191" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotesCallablePrice" xlink:label="Locator_mbi_NotesCallablePrice_7192" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7191" xlink:to="Locator_mbi_NotesCallablePrice_7192" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7205" xlink:to="Locator_us-gaap_LongTermDebt_7206" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7161" xlink:to="Locator_us-gaap_DebtInstrumentTable_7162" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_7177" xlink:to="Locator_us-gaap_DebtInstrumentAxis_7178" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7194" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7193" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7194" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7196" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7195" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7196" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7198" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7197" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7198" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7200" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7199" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7200" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7202" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7201" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7202" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7204" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7203" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7204" order="7.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_7269" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_7270" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7271" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_7272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7271" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_7272" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_7274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7273" xlink:to="Locator_us-gaap_MediumTermNotesMember_7274" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7275" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="Locator_mbi_VariableInterestEntityDebtMember_7276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7275" xlink:to="Locator_mbi_VariableInterestEntityDebtMember_7276" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7249" xlink:to="Locator_us-gaap_DebtInstrumentTable_7250" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_7265" xlink:to="Locator_us-gaap_DebtInstrumentAxis_7266" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_7267" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_7268" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_7277" xlink:to="Locator_us-gaap_SegmentDomain_7278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7279" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7279" xlink:to="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7280" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7281" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_7282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7281" xlink:to="Locator_mbi_AdvisoryServicesMember_7282" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7283" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7284" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7285" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7286" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7287" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7288" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7289" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7290" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7291" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7292" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7293" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7294" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7295" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_7296" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7297" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_7298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7297" xlink:to="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_7298" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7299" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7300" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7301" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7302" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7303" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="Locator_mbi_DebtInstrumentFairValueAdjustment_7304" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7303" xlink:to="Locator_mbi_DebtInstrumentFairValueAdjustment_7304" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7306" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7305" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7306" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_7308" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7307" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_7308" order="13.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_7409" xlink:to="Locator_us-gaap_SegmentDomain_7410" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_7412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7411" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_7412" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7413" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7413" xlink:to="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7414" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7415" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateOperationsMember" xlink:label="Locator_mbi_CorporateOperationsMember_7416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7415" xlink:to="Locator_mbi_CorporateOperationsMember_7416" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7417" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_7418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7417" xlink:to="Locator_mbi_AdvisoryServicesMember_7418" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="Locator_mbi_ConduitsMember_7420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_7419" xlink:to="Locator_mbi_ConduitsMember_7420" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7367" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7368" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_7406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7405" xlink:to="Locator_us-gaap_ConsolidationItemsAxis_7406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_7421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ConsolidationItemsAxis_7421" xlink:to="Locator_us-gaap_ConsolidationItemsDomain_7422" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_7465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ConsolidationItemsAxis_7465" xlink:to="Locator_us-gaap_ConsolidationItemsDomain_7466" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="Locator_us-gaap_OperatingSegmentsMember_7424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_7423" xlink:to="Locator_us-gaap_OperatingSegmentsMember_7424" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="Locator_us-gaap_IntersegmentEliminationMember_7426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_7425" xlink:to="Locator_us-gaap_IntersegmentEliminationMember_7426" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7407" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_7408" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="Locator_us-gaap_RevenueOtherFinancialServices_7428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7427" xlink:to="Locator_us-gaap_RevenueOtherFinancialServices_7428" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_7430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7429" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_7430" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7431" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7431" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7432" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7433" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7434" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7435" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7436" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_7438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7437" xlink:to="Locator_us-gaap_OtherIncome_7438" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="Locator_mbi_RevenuesOfConsolidatedVies_7440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7439" xlink:to="Locator_mbi_RevenuesOfConsolidatedVies_7440" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7441" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7441" xlink:to="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7442" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7443" xlink:to="Locator_mbi_SegmentRevenue_7444" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_7446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7445" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_7446" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_7448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7447" xlink:to="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_7448" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_7450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7449" xlink:to="Locator_us-gaap_InterestExpense_7450" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7451" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="Locator_mbi_ExpensesOfConsolidatedVies_7452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7451" xlink:to="Locator_mbi_ExpensesOfConsolidatedVies_7452" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7453" xlink:to="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7454" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7455" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7455" xlink:to="Locator_mbi_SegmentExpense_7456" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="Locator_mbi_SegmentPretaxIncomeLoss_7458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7457" xlink:to="Locator_mbi_SegmentPretaxIncomeLoss_7458" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_7460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7459" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_7460" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7461" xlink:to="Locator_us-gaap_NetIncomeLoss_7462" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_7464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7463" xlink:to="Locator_us-gaap_Assets_7464" order="19.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_7527" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_7528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_7527" xlink:to="Locator_mbi_RangeDomain_7528" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_7529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_7530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_7529" xlink:to="Locator_us-gaap_MinimumMember_7530" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_7531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_7532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_7531" xlink:to="Locator_us-gaap_MaximumMember_7532" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7533" xlink:to="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7534" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_7536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7535" xlink:to="Locator_us-gaap_RangeAxis_7536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7537" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7538" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7539" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_7540" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7541" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_7542" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="Locator_mbi_GuaranteesOfDerivativeContractsMember_7544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7543" xlink:to="Locator_mbi_GuaranteesOfDerivativeContractsMember_7544" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementContractsMember" xlink:label="Locator_mbi_InvestmentAgreementContractsMember_7546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7545" xlink:to="Locator_mbi_InvestmentAgreementContractsMember_7546" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_7548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7547" xlink:to="Locator_us-gaap_CounterpartyNameAxis_7548" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_7549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CounterpartyNameAxis_7549" xlink:to="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7550" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_7551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CounterpartyNameAxis_7551" xlink:to="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7553" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_7554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7553" xlink:to="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_7554" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7555" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_7556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7555" xlink:to="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_7556" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_7558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7557" xlink:to="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_7558" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="Locator_us-gaap_GuaranteeObligationsMaximumExposure_7560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7559" xlink:to="Locator_us-gaap_GuaranteeObligationsMaximumExposure_7560" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLowerRemainingMaturityRange1" xlink:label="Locator_us-gaap_DerivativeLowerRemainingMaturityRange1_7562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7561" xlink:to="Locator_us-gaap_DerivativeLowerRemainingMaturityRange1_7562" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeHigherRemainingMaturityRange1" xlink:label="Locator_us-gaap_DerivativeHigherRemainingMaturityRange1_7564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7563" xlink:to="Locator_us-gaap_DerivativeHigherRemainingMaturityRange1_7564" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_7566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7565" xlink:to="Locator_us-gaap_DerivativeLiabilities_7566" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="Locator_mbi_FutureGuaranteePaymentsMaturityRange_7568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7567" xlink:to="Locator_mbi_FutureGuaranteePaymentsMaturityRange_7568" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7569" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7569" xlink:to="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7570" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_7572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7571" xlink:to="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_7572" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7573" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyReinsurance" xlink:label="Locator_mbi_ThirdPartyReinsurance_7574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7573" xlink:to="Locator_mbi_ThirdPartyReinsurance_7574" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_7576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7575" xlink:to="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_7576" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7577" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7577" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7578" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceRecoveries" xlink:label="Locator_us-gaap_InsuranceRecoveries_7580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7579" xlink:to="Locator_us-gaap_InsuranceRecoveries_7580" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="Locator_us-gaap_FeesAndCommissionsOther_7582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7581" xlink:to="Locator_us-gaap_FeesAndCommissionsOther_7582" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementGeographicalAxis_7619" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_7620" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="Locator_stpr_CA_7622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7621" xlink:to="Locator_stpr_CA_7622" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="Locator_stpr_NY_7624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7623" xlink:to="Locator_stpr_NY_7624" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_IL" xlink:label="Locator_stpr_IL_7626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7625" xlink:to="Locator_stpr_IL_7626" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="Locator_stpr_FL_7628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7627" xlink:to="Locator_stpr_FL_7628" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="Locator_stpr_TX_7630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7629" xlink:to="Locator_stpr_TX_7630" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="Locator_stpr_NJ_7632" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7631" xlink:to="Locator_stpr_NJ_7632" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MI" xlink:label="Locator_stpr_MI_7634" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7633" xlink:to="Locator_stpr_MI_7634" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_PA" xlink:label="Locator_stpr_PA_7636" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7635" xlink:to="Locator_stpr_PA_7636" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_WA" xlink:label="Locator_stpr_WA_7638" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7637" xlink:to="Locator_stpr_WA_7638" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_PR" xlink:label="Locator_country_PR_7640" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7639" xlink:to="Locator_country_PR_7640" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CO" xlink:label="Locator_stpr_CO_7642" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7641" xlink:to="Locator_stpr_CO_7642" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7643" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="Locator_mbi_SubTotalInsuranceInForceMember_7644" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7643" xlink:to="Locator_mbi_SubTotalInsuranceInForceMember_7644" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7645" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationallyDiversifiedMember" xlink:label="Locator_mbi_NationallyDiversifiedMember_7646" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7645" xlink:to="Locator_mbi_NationallyDiversifiedMember_7646" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7647" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherStatesMember" xlink:label="Locator_mbi_OtherStatesMember_7648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7647" xlink:to="Locator_mbi_OtherStatesMember_7648" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7651" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_7652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7651" xlink:to="Locator_mbi_InternationallyDiversifiedMember_7652" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7653" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CountrySpecificMember" xlink:label="Locator_mbi_CountrySpecificMember_7654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7653" xlink:to="Locator_mbi_CountrySpecificMember_7654" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="Locator_country_US_7650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7649" xlink:to="Locator_country_US_7650" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7655" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_7656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7655" xlink:to="Locator_mbi_NonUnitedStatesMember_7656" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7657" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7658" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7659" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7660" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_7613" xlink:to="Locator_us-gaap_StatementTable_7614" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7617" xlink:to="Locator_us-gaap_StatementGeographicalAxis_7618" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7717" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_7718" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7719" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_7720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7719" xlink:to="Locator_mbi_GlobalPublicFinanceMember_7720" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7721" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_7722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7721" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_7722" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementGeographicalAxis_7723" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_7724" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="Locator_country_US_7726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7725" xlink:to="Locator_country_US_7726" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_7728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7727" xlink:to="Locator_mbi_NonUnitedStatesMember_7728" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7771" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7772" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7773" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7774" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_7707" xlink:to="Locator_us-gaap_StatementTable_7708" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_7712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7711" xlink:to="Locator_us-gaap_UnderlyingAssetClassAxis_7712" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_7729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_7729" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_7730" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_7775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_7775" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_7776" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationMember" xlink:label="Locator_mbi_GeneralObligationMember_7732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7731" xlink:to="Locator_mbi_GeneralObligationMember_7732" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7733" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="Locator_mbi_GeneralObligationLeaseMember_7734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7733" xlink:to="Locator_mbi_GeneralObligationLeaseMember_7734" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="Locator_mbi_MunicipalUtilitiesMember_7736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7735" xlink:to="Locator_mbi_MunicipalUtilitiesMember_7736" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxBackedMember" xlink:label="Locator_mbi_TaxBackedMember_7738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7737" xlink:to="Locator_mbi_TaxBackedMember_7738" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransportationMember" xlink:label="Locator_mbi_TransportationMember_7740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7739" xlink:to="Locator_mbi_TransportationMember_7740" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7741" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HigherEducationMember" xlink:label="Locator_mbi_HigherEducationMember_7742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7741" xlink:to="Locator_mbi_HigherEducationMember_7742" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7743" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HealthCareMember" xlink:label="Locator_mbi_HealthCareMember_7744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7743" xlink:to="Locator_mbi_HealthCareMember_7744" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7745" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MilitaryHousingMember" xlink:label="Locator_mbi_MilitaryHousingMember_7746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7745" xlink:to="Locator_mbi_MilitaryHousingMember_7746" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7747" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="Locator_mbi_InvestorOwnedUtilitiesMember_7748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7747" xlink:to="Locator_mbi_InvestorOwnedUtilitiesMember_7748" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7749" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalHousingMember" xlink:label="Locator_mbi_MunicipalHousingMember_7750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7749" xlink:to="Locator_mbi_MunicipalHousingMember_7750" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7751" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StudentLoansMember" xlink:label="Locator_mbi_StudentLoansMember_7752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7751" xlink:to="Locator_mbi_StudentLoansMember_7752" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7753" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPublicFinanceMember" xlink:label="Locator_mbi_OtherPublicFinanceMember_7754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7753" xlink:to="Locator_mbi_OtherPublicFinanceMember_7754" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7755" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationalUtilitiesMember" xlink:label="Locator_mbi_InternationalUtilitiesMember_7756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7755" xlink:to="Locator_mbi_InternationalUtilitiesMember_7756" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7757" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="Locator_mbi_SovereignRelatedAndSubSovereignMember_7758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7757" xlink:to="Locator_mbi_SovereignRelatedAndSubSovereignMember_7758" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7759" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LocalGovernmentsMember" xlink:label="Locator_mbi_LocalGovernmentsMember_7760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7759" xlink:to="Locator_mbi_LocalGovernmentsMember_7760" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_7762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7761" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_7762" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_7764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7763" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_7764" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7765" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7766" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7767" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_7768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7767" xlink:to="Locator_mbi_ConsumerAssetBackedMember_7768" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7769" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_7770" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7769" xlink:to="Locator_mbi_CorporateAssetBackedMember_7770" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7713" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7714" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7715" xlink:to="Locator_us-gaap_StatementGeographicalAxis_7716" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_7859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditRatingMoodysAxis_7859" xlink:to="Locator_us-gaap_ExternalCreditRatingMoodysMember_7860" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAaaRatingMember" xlink:label="Locator_us-gaap_MoodysAaaRatingMember_7862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7861" xlink:to="Locator_us-gaap_MoodysAaaRatingMember_7862" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa3RatingMember" xlink:label="Locator_us-gaap_MoodysAa3RatingMember_7864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7863" xlink:to="Locator_us-gaap_MoodysAa3RatingMember_7864" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA1RatingMember" xlink:label="Locator_us-gaap_MoodysA1RatingMember_7866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7865" xlink:to="Locator_us-gaap_MoodysA1RatingMember_7866" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7867" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Moodysa2OrAboveRatingMember" xlink:label="Locator_mbi_Moodysa2OrAboveRatingMember_7868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7867" xlink:to="Locator_mbi_Moodysa2OrAboveRatingMember_7868" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA3RatingMember" xlink:label="Locator_us-gaap_MoodysA3RatingMember_7870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7869" xlink:to="Locator_us-gaap_MoodysA3RatingMember_7870" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysBaa1RatingMember" xlink:label="Locator_us-gaap_MoodysBaa1RatingMember_7872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7871" xlink:to="Locator_us-gaap_MoodysBaa1RatingMember_7872" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7904" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7903" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7904" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7905" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7906" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7905" xlink:to="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7906" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="Locator_us-gaap_ReinsuranceRecoverables_7908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7907" xlink:to="Locator_us-gaap_ReinsuranceRecoverables_7908" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7910" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7909" xlink:to="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7910" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnUnpaidLosses" xlink:label="Locator_us-gaap_ReinsuranceRecoverablesOnUnpaidLosses_7912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7911" xlink:to="Locator_us-gaap_ReinsuranceRecoverablesOnUnpaidLosses_7912" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_7849" xlink:to="Locator_us-gaap_StatementTable_7850" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_7854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7853" xlink:to="Locator_us-gaap_CreditRatingMoodysAxis_7854" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingStandardPoorsAxis" xlink:label="Locator_us-gaap_CreditRatingStandardPoorsAxis_7856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7855" xlink:to="Locator_us-gaap_CreditRatingStandardPoorsAxis_7856" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingStandardPoorsAxis" xlink:label="Locator_us-gaap_CreditRatingStandardPoorsAxis_7873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditRatingStandardPoorsAxis_7873" xlink:to="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7874" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingStandardPoorsAxis" xlink:label="Locator_us-gaap_CreditRatingStandardPoorsAxis_7915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7916" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CreditRatingStandardPoorsAxis_7915" xlink:to="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7916" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAARatingMember" xlink:label="Locator_us-gaap_StandardPoorsAAARatingMember_7876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7875" xlink:to="Locator_us-gaap_StandardPoorsAAARatingMember_7876" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAPlusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAAPlusRatingMember_7878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7877" xlink:to="Locator_us-gaap_StandardPoorsAAPlusRatingMember_7878" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAARatingMember" xlink:label="Locator_us-gaap_StandardPoorsAARatingMember_7880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7879" xlink:to="Locator_us-gaap_StandardPoorsAARatingMember_7880" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAMinusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAAMinusRatingMember_7882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7881" xlink:to="Locator_us-gaap_StandardPoorsAAMinusRatingMember_7882" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAPlusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAPlusRatingMember_7884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7883" xlink:to="Locator_us-gaap_StandardPoorsAPlusRatingMember_7884" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsARatingMember" xlink:label="Locator_us-gaap_StandardPoorsARatingMember_7886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7885" xlink:to="Locator_us-gaap_StandardPoorsARatingMember_7886" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAMinusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAMinusRatingMember_7888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7887" xlink:to="Locator_us-gaap_StandardPoorsAMinusRatingMember_7888" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7889" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StandardpoorsaminusoraboveratingmemberMember" xlink:label="Locator_mbi_StandardpoorsaminusoraboveratingmemberMember_7890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7889" xlink:to="Locator_mbi_StandardpoorsaminusoraboveratingmemberMember_7890" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7857" xlink:to="Locator_us-gaap_CededCreditRiskAxis_7858" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CededCreditRiskAxis_7891" xlink:to="Locator_us-gaap_CededCreditRiskReinsurerDomain_7892" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CededCreditRiskAxis_7913" xlink:to="Locator_us-gaap_CededCreditRiskReinsurerDomain_7914" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="Locator_mbi_AssuredGuarantyCorpMember_7894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7893" xlink:to="Locator_mbi_AssuredGuarantyCorpMember_7894" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="Locator_mbi_AssuredGuarantyReLtdMember_7896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7895" xlink:to="Locator_mbi_AssuredGuarantyReLtdMember_7896" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7897" xlink:to="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7898" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="Locator_mbi_ExportDevelopmentCanadaMember_7900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7899" xlink:to="Locator_mbi_ExportDevelopmentCanadaMember_7900" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherReinsurersMember" xlink:label="Locator_mbi_OtherReinsurersMember_7902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7901" xlink:to="Locator_mbi_OtherReinsurersMember_7902" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_7999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8000" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_7999" xlink:to="Locator_invest_InvestmentDomain_8000" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_8002" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8001" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_8002" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_8004" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8003" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_8004" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_8006" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8005" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_8006" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_8008" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8007" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_8008" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8009" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_8010" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8009" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_8010" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8011" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_8012" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8011" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_8012" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_8014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8013" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_8014" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_8016" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8015" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_8016" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_8018" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8017" xlink:to="Locator_mbi_OtherAssetBackedMember_8018" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_8020" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8019" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_8020" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_8022" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8021" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_8022" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAggregatedInvestmentsMember" xlink:label="Locator_us-gaap_OtherAggregatedInvestmentsMember_8024" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_8023" xlink:to="Locator_us-gaap_OtherAggregatedInvestmentsMember_8024" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8026" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8025" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8026" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8027" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_8028" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8027" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_8028" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8030" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8029" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8030" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="Locator_mbi_LongTermAvailableForSaleMember_8032" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8031" xlink:to="Locator_mbi_LongTermAvailableForSaleMember_8032" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8033" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="Locator_mbi_ShortTermAvailableForSaleMember_8034" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8033" xlink:to="Locator_mbi_ShortTermAvailableForSaleMember_8034" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="Locator_mbi_EquityAvailableForSaleMember_8036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8035" xlink:to="Locator_mbi_EquityAvailableForSaleMember_8036" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesMember_8038" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8037" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesMember_8038" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8039" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="Locator_mbi_InvestmentsAtFairValueMember_8040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8039" xlink:to="Locator_mbi_InvestmentsAtFairValueMember_8040" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_8042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8041" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_8042" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8043" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8044" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_8046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8045" xlink:to="Locator_us-gaap_DebtSecurityAxis_8046" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_8047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8048" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtSecurityAxis_8047" xlink:to="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8048" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_8049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DebtSecurityAxis_8049" xlink:to="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8050" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_8052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8051" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_8052" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_8054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8053" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_8054" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8055" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8056" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_8058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8057" xlink:to="Locator_invest_InvestmentAxis_8058" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8059" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8060" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_8062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8061" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_8062" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_8064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8063" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_8064" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_8066" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8065" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_8066" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8245" xlink:to="Locator_dei_EntityDomain_8246" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8247" xlink:to="Locator_us-gaap_ParentCompanyMember_8248" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_8214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8213" xlink:to="Locator_us-gaap_CondensedBalanceSheetStatementTable_8214" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_8243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementTable_8243" xlink:to="Locator_dei_LegalEntityAxis_8244" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8249" xlink:to="Locator_us-gaap_AssetsAbstract_8250" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_8252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8251" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_8252" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_8254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8253" xlink:to="Locator_us-gaap_TradingSecurities_8254" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_8256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8255" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_8256" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_8258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8257" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_8258" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_8260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8259" xlink:to="Locator_us-gaap_OtherInvestments_8260" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_8262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8261" xlink:to="Locator_us-gaap_Investments_8262" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8263" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8264" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8265" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_8266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8265" xlink:to="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_8266" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_8268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8267" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_8268" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_8270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8269" xlink:to="Locator_us-gaap_OtherAssets_8270" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_8271" xlink:to="Locator_us-gaap_Assets_8272" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8273" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8274" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8275" xlink:to="Locator_us-gaap_LiabilitiesAbstract_8276" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_8278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8277" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_8278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8279" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8280" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_8282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8281" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_8282" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayable" xlink:label="Locator_us-gaap_LoansPayable_8284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8283" xlink:to="Locator_us-gaap_LoansPayable_8284" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_8286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8285" xlink:to="Locator_us-gaap_DerivativeLiabilities_8286" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_8288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8287" xlink:to="Locator_us-gaap_OtherLiabilities_8288" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8289" xlink:to="Locator_us-gaap_Liabilities_8290" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8291" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8292" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_8294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8293" xlink:to="Locator_us-gaap_PreferredStockValue_8294" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_8296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8295" xlink:to="Locator_us-gaap_CommonStockValue_8296" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_8298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8297" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_8298" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_8300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8299" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_8300" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_8302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8301" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_8302" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_8304" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8303" xlink:to="Locator_us-gaap_TreasuryStockValue_8304" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_8306" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8305" xlink:to="Locator_us-gaap_StockholdersEquity_8306" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8308" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8307" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8308" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_8310" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8309" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_8310" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8311" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_8312" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8311" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_8312" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_8314" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8313" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_8314" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8316" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8315" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8316" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_8318" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8317" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_8318" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_8320" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8319" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_8320" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_8322" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8321" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_8322" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_8324" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8323" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_8324" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_8326" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8325" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_8326" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_8328" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8327" xlink:to="Locator_us-gaap_CommonStockSharesIssued_8328" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8329" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_8330" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8329" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_8330" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_8332" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8331" xlink:to="Locator_us-gaap_TreasuryStockShares_8332" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8419" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8420" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_8422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8421" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_8422" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8423" xlink:to="Locator_dei_EntityDomain_8424" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8425" xlink:to="Locator_us-gaap_ParentCompanyMember_8426" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8427" xlink:to="Locator_us-gaap_CondensedIncomeStatementTable_8428" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_8429" xlink:to="Locator_dei_LegalEntityAxis_8430" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_8431" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8432" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_8434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8433" xlink:to="Locator_us-gaap_NetInvestmentIncome_8434" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8435" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8436" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8437" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8438" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_8440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8439" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_8440" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_8442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8441" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_8442" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_8444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8443" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_8444" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_8446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8445" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_8446" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_8448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8447" xlink:to="Locator_us-gaap_OtherIncome_8448" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8449" xlink:to="Locator_us-gaap_Revenues_8450" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_8452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8451" xlink:to="Locator_us-gaap_OperatingExpenses_8452" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_8454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8453" xlink:to="Locator_us-gaap_InterestExpense_8454" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_8456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8455" xlink:to="Locator_us-gaap_CostsAndExpenses_8456" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8457" xlink:to="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8458" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_8460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8459" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_8460" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8461" xlink:to="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8462" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_8464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8463" xlink:to="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_8464" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8465" xlink:to="Locator_us-gaap_NetIncomeLoss_8466" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8533" xlink:to="Locator_dei_EntityDomain_8534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8535" xlink:to="Locator_us-gaap_ParentCompanyMember_8536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8537" xlink:to="Locator_us-gaap_NetIncomeLoss_8538" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8539" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8540" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8541" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8542" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_8544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8543" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_8544" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_8546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8545" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_8546" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_8548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8547" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_8548" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_8550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8549" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_8550" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_8552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8551" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_8552" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_8554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8553" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_8554" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8555" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8556" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_8558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8557" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_8558" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8559" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_8560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8559" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_8560" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_8562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8561" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_8562" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_8564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8563" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_8564" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8565" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_8566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8565" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_8566" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_8568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8567" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_8568" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8569" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8570" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_8572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8571" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_8572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_8574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8573" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_8574" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_8576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8575" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_8576" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_8578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8577" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_8578" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_8580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8579" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTax_8580" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_8489" xlink:to="Locator_us-gaap_StatementTable_8490" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_8531" xlink:to="Locator_dei_LegalEntityAxis_8532" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8761" xlink:to="Locator_dei_EntityDomain_8762" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8763" xlink:to="Locator_us-gaap_ParentCompanyMember_8764" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_8608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8607" xlink:to="Locator_us-gaap_CondensedCashFlowStatementTable_8608" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_8759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedCashFlowStatementTable_8759" xlink:to="Locator_dei_LegalEntityAxis_8760" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8765" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8766" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_8768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8767" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_8768" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_8770" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8769" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_8770" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_8772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8771" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_8772" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_8774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8773" xlink:to="Locator_us-gaap_InterestPaidNet_8774" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_8776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8775" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_8776" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8778" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8777" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8778" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8779" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8780" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_8782" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8781" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_8782" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8784" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8783" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8784" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_8786" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8785" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_8786" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8787" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_8788" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8787" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_8788" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_8790" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8789" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_8790" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_8792" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8791" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_8792" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_8794" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8793" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_8794" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_8796" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8795" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_8796" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_8798" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8797" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_8798" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_8800" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8799" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_8800" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8801" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_8802" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8801" xlink:to="Locator_mbi_ContributionsToSubsidiaries_8802" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8803" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8804" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8806" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8805" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8806" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8808" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8807" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8808" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_8810" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8809" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_8810" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_8812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8811" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_8812" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_8814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8813" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_8814" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_8816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8815" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_8816" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_8818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8817" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_8818" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_8820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8819" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_8820" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_8822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8821" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_8822" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8823" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8824" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_8826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8825" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_8826" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8827" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8828" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8829" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8830" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8831" xlink:to="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8832" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8833" xlink:to="Locator_us-gaap_NetIncomeLoss_8834" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8835" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8836" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_8838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8837" xlink:to="Locator_mbi_ChangeInAbstract_8838" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_8839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_8840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ChangeInAbstract_8839" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_8840" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_8841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_8842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ChangeInAbstract_8841" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_8842" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8843" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_8844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8843" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_8844" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8845" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8846" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8847" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_8848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8847" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_8848" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8849" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8850" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8851" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_8852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8851" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_8852" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_8854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8853" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_8854" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8855" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_8856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8855" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_8856" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_8858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8857" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_8858" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8859" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8860" order="10.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8891" xlink:to="Locator_dei_EntityDomain_8892" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_8894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8893" xlink:to="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_8894" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="Locator_mbi_TrifiniumHoldingsLimitedMember_8896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8895" xlink:to="Locator_mbi_TrifiniumHoldingsLimitedMember_8896" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="Locator_mbi_MbiaServicesCorporationMember_8898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8897" xlink:to="Locator_mbi_MbiaServicesCorporationMember_8898" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapmacHoldingsMember" xlink:label="Locator_mbi_CapmacHoldingsMember_8900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8899" xlink:to="Locator_mbi_CapmacHoldingsMember_8900" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="Locator_mbi_MbiaAssetFinanceMember_8902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8901" xlink:to="Locator_mbi_MbiaAssetFinanceMember_8902" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="Locator_mbi_EuroAssetAcquisitionLimitedMember_8904" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8903" xlink:to="Locator_mbi_EuroAssetAcquisitionLimitedMember_8904" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8905" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_8906" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8905" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_8906" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8907" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_8908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8907" xlink:to="Locator_mbi_MbiaIncMember_8908" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_8909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_8910" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ProductOrServiceAxis_8909" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_8910" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_8911" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_8912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_8911" xlink:to="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_8912" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_8881" xlink:to="Locator_us-gaap_StatementTable_8882" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="Locator_us-gaap_DerivativeByNatureAxis_8886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_8885" xlink:to="Locator_us-gaap_DerivativeByNatureAxis_8886" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="Locator_us-gaap_DerivativeByNatureAxis_8913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeByNatureAxis_8913" xlink:to="Locator_us-gaap_DerivativeNameDomain_8914" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="Locator_us-gaap_DerivativeByNatureAxis_8931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DerivativeByNatureAxis_8931" xlink:to="Locator_us-gaap_DerivativeNameDomain_8932" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_8916" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeNameDomain_8915" xlink:to="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_8916" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="Locator_mbi_MbiaCorpSecuredLoanMember_8918" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeNameDomain_8917" xlink:to="Locator_mbi_MbiaCorpSecuredLoanMember_8918" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_8888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_8887" xlink:to="Locator_us-gaap_ProductOrServiceAxis_8888" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_8889" xlink:to="Locator_dei_LegalEntityAxis_8890" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8919" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_8920" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8919" xlink:to="Locator_mbi_LiquidAssets_8920" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8922" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8921" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8922" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_8924" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8923" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_8924" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="Locator_us-gaap_ShortTermInvestments_8926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8925" xlink:to="Locator_us-gaap_ShortTermInvestments_8926" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_8928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8927" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_8928" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_8929" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8930" order="6.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_9095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_9095" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_9096" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9097" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandFifteenMember" xlink:label="Locator_mbi_MarchThirtyOneTwoThousandFifteenMember_9098" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9097" xlink:to="Locator_mbi_MarchThirtyOneTwoThousandFifteenMember_9098" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9099" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneThirtyTwoThousandFifeteenMember" xlink:label="Locator_mbi_JuneThirtyTwoThousandFifeteenMember_9100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9099" xlink:to="Locator_mbi_JuneThirtyTwoThousandFifeteenMember_9100" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandFifeteenMember" xlink:label="Locator_mbi_SeptemberThirtyTwoThousandFifeteenMember_9102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9101" xlink:to="Locator_mbi_SeptemberThirtyTwoThousandFifeteenMember_9102" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9103" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandFifeteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandFifeteenMember_9104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9103" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandFifeteenMember_9104" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSixteenrMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandSixteenrMember_9106" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9105" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandSixteenrMember_9106" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_9108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9107" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_9108" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9109" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_9110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9109" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_9110" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9111" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember_9112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9111" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember_9112" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9113" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyFourMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyFourMember_9114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9113" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyFourMember_9114" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9115" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineMember_9116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9115" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineMember_9116" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9117" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember_9118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9117" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember_9118" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9063" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9063" xlink:to="Locator_mbi_InsurancePremiumsTableTable_9064" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsurancePremiumsTableTable_9091" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9092" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9119" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9120" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9155" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9156" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="Locator_mbi_UnearnedPremiumRevenueMember_9122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9121" xlink:to="Locator_mbi_UnearnedPremiumRevenueMember_9122" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9123" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UpfrontMember" xlink:label="Locator_mbi_UpfrontMember_9124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9123" xlink:to="Locator_mbi_UpfrontMember_9124" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9125" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InstallmentsMember" xlink:label="Locator_mbi_InstallmentsMember_9126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9125" xlink:to="Locator_mbi_InstallmentsMember_9126" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccretionMember" xlink:label="Locator_mbi_AccretionMember_9128" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9127" xlink:to="Locator_mbi_AccretionMember_9128" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_9094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsurancePremiumsTableTable_9093" xlink:to="Locator_us-gaap_StatementScenarioAxis_9094" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_9130" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9129" xlink:to="Locator_us-gaap_UnearnedPremiums_9130" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_9132" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9131" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_9132" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_9134" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9133" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_9134" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_9136" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9135" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_9136" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_9138" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9137" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_9138" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9140" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9139" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9140" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9142" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9141" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9142" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9144" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9143" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9144" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9145" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9146" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9147" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_9148" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9147" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_9148" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9149" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_9150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9149" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_9150" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9151" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_9152" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9151" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_9152" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9153" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9154" order="13.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_9243" xlink:to="Locator_dei_EntityDomain_9244" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9245" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_9246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_9245" xlink:to="Locator_mbi_MbiaCorpMember_9246" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9247" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_9248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_9247" xlink:to="Locator_mbi_NationalMember_9248" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9263" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_9263" xlink:to="Locator_mbi_RangeDomain_9264" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_9266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_9265" xlink:to="Locator_us-gaap_MinimumMember_9266" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_9249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_9249" xlink:to="Locator_us-gaap_EquityComponentDomain_9250" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="Locator_mbi_MinimumSurplusAndContingencyReservesMember_9252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_9251" xlink:to="Locator_mbi_MinimumSurplusAndContingencyReservesMember_9252" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_9254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_9253" xlink:to="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_9254" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9255" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="Locator_mbi_PolicyholdersSurplusMember_9256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_9255" xlink:to="Locator_mbi_PolicyholdersSurplusMember_9256" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9257" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusMember" xlink:label="Locator_mbi_SurplusMember_9258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_9257" xlink:to="Locator_mbi_SurplusMember_9258" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9231" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsTable_9232" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9235" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9236" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9259" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9260" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9301" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9302" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9261" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionTwoMember" xlink:label="Locator_mbi_OptionTwoMember_9262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9261" xlink:to="Locator_mbi_OptionTwoMember_9262" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9237" xlink:to="Locator_dei_LegalEntityAxis_9238" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_9240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9239" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_9240" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9241" xlink:to="Locator_us-gaap_RangeAxis_9242" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9267" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="Locator_mbi_PercentageOfPolicyholdersSurplus_9268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9267" xlink:to="Locator_mbi_PercentageOfPolicyholdersSurplus_9268" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9269" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_9270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9269" xlink:to="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_9270" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_9272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9271" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_9272" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9273" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_9274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9273" xlink:to="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_9274" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9275" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_9276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9275" xlink:to="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_9276" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DividendPayingCapacity" xlink:label="Locator_mbi_DividendPayingCapacity_9278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9277" xlink:to="Locator_mbi_DividendPayingCapacity_9278" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9279" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_9280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9279" xlink:to="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_9280" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9281" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="Locator_mbi_InvestmentsInCertainQualifingAssets_9282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9281" xlink:to="Locator_mbi_InvestmentsInCertainQualifingAssets_9282" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9283" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="Locator_mbi_DeficitOfQualifyingAssets_9284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9283" xlink:to="Locator_mbi_DeficitOfQualifyingAssets_9284" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9285" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_9286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9285" xlink:to="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_9286" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9287" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="Locator_mbi_StatutorySurplusNegativeImpact_9288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9287" xlink:to="Locator_mbi_StatutorySurplusNegativeImpact_9288" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9289" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_9290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9289" xlink:to="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_9290" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_9292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9291" xlink:to="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_9292" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9293" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="Locator_mbi_StatutoryAccountingPracticesCapital_9294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9293" xlink:to="Locator_mbi_StatutoryAccountingPracticesCapital_9294" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9295" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesSurplus_9296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9295" xlink:to="Locator_mbi_StatutoryAccountingPracticesSurplus_9296" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9297" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_9298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9297" xlink:to="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_9298" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount" xlink:label="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_9300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9299" xlink:to="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_9300" order="17.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9361" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_9361" xlink:to="Locator_mbi_RangeDomain_9362" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_9364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_RangeDomain_9363" xlink:to="Locator_us-gaap_MaximumMember_9364" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9353" xlink:to="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9354" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9357" xlink:to="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9358" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9365" xlink:to="Locator_us-gaap_TypeOfDeferredCompensationDomain_9366" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9391" xlink:to="Locator_us-gaap_TypeOfDeferredCompensationDomain_9392" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPensionMember" xlink:label="Locator_us-gaap_DefinedContributionPensionMember_9368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9367" xlink:to="Locator_us-gaap_DefinedContributionPensionMember_9368" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9369" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="Locator_mbi_QualifiedProfitSharingMember_9370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9369" xlink:to="Locator_mbi_QualifiedProfitSharingMember_9370" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedPensionMember" xlink:label="Locator_mbi_NonqualifiedPensionMember_9372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9371" xlink:to="Locator_mbi_NonqualifiedPensionMember_9372" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9373" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="Locator_mbi_NonqualifiedProfitSharingMember_9374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9373" xlink:to="Locator_mbi_NonqualifiedProfitSharingMember_9374" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9359" xlink:to="Locator_us-gaap_RangeAxis_9360" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_9376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9375" xlink:to="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_9376" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_9378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9377" xlink:to="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_9378" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_9380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9379" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_9380" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_9382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9381" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_9382" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_9384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9383" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_9384" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_9386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9385" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_9386" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PensionExpense" xlink:label="Locator_us-gaap_PensionExpense_9388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9387" xlink:to="Locator_us-gaap_PensionExpense_9388" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_9390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9389" xlink:to="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_9390" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_9473" xlink:to="Locator_dei_EntityDomain_9474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9475" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceCorporationMember" xlink:label="Locator_mbi_InsuranceCorporationMember_9476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_9475" xlink:to="Locator_mbi_InsuranceCorporationMember_9476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9477" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_9478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_9477" xlink:to="Locator_mbi_BlueRidgeMember_9478" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarburgPincusMember" xlink:label="Locator_mbi_WarburgPincusMember_9480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_9479" xlink:to="Locator_mbi_WarburgPincusMember_9480" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9461" xlink:to="Locator_mbi_CommonAndPreferredStockTable_9462" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_9466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9465" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightAxis_9466" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_9481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9482" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightAxis_9481" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightDomain_9482" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_9545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightAxis_9545" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightDomain_9546" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_9484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9483" xlink:to="Locator_us-gaap_WarrantMember_9484" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9485" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBWarrantsMember" xlink:label="Locator_mbi_ClassBWarrantsMember_9486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9485" xlink:to="Locator_mbi_ClassBWarrantsMember_9486" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="Locator_mbi_ClassBTwoWarrantsMember_9488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9487" xlink:to="Locator_mbi_ClassBTwoWarrantsMember_9488" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9489" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossupWarrantMember" xlink:label="Locator_mbi_GrossupWarrantMember_9490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9489" xlink:to="Locator_mbi_GrossupWarrantMember_9490" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_9468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9467" xlink:to="Locator_us-gaap_AwardTypeAxis_9468" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_9491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AwardTypeAxis_9491" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9492" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="Locator_mbi_LongTermIncentivePlanMember_9494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9493" xlink:to="Locator_mbi_LongTermIncentivePlanMember_9494" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_9470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9469" xlink:to="Locator_us-gaap_StatementClassOfStockAxis_9470" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_9495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9496" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementClassOfStockAxis_9495" xlink:to="Locator_us-gaap_ClassOfStockDomain_9496" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_9547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementClassOfStockAxis_9547" xlink:to="Locator_us-gaap_ClassOfStockDomain_9548" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_9498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_9497" xlink:to="Locator_us-gaap_PreferredStockMember_9498" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_9500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_9499" xlink:to="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_9500" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_9502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_9501" xlink:to="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_9502" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9503" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="Locator_mbi_UnaffiliatedInvestorsMember_9504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_9503" xlink:to="Locator_mbi_UnaffiliatedInvestorsMember_9504" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9471" xlink:to="Locator_dei_LegalEntityAxis_9472" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_9506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9505" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_9506" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_9508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9507" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_9508" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9509" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_9510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9509" xlink:to="Locator_mbi_WarrantTerm_9510" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantsAndRightsOutstanding" xlink:label="Locator_us-gaap_WarrantsAndRightsOutstanding_9512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9511" xlink:to="Locator_us-gaap_WarrantsAndRightsOutstanding_9512" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount" xlink:label="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount_9514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9513" xlink:to="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount_9514" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_9516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9515" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_9516" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_9518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9517" xlink:to="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_9518" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_9520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9519" xlink:to="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_9520" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount" xlink:label="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount_9522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9521" xlink:to="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount_9522" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_9524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9523" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_9524" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodShares_9526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9525" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodShares_9526" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodValue_9528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9527" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodValue_9528" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_9530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9529" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_9530" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="Locator_us-gaap_PreferredStockValueOutstanding_9532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9531" xlink:to="Locator_us-gaap_PreferredStockValueOutstanding_9532" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9533" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_9534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9533" xlink:to="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_9534" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_9536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9535" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_9536" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="Locator_us-gaap_PreferredStockLiquidationPreference_9538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9537" xlink:to="Locator_us-gaap_PreferredStockLiquidationPreference_9538" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_9540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9539" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_9540" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_9542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9541" xlink:to="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_9542" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfDirectors" xlink:label="Locator_mbi_NumberOfDirectors_9544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9543" xlink:to="Locator_mbi_NumberOfDirectors_9544" order="20.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9597" xlink:to="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9598" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9600" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9599" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9600" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9602" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9601" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9602" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9625" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9626" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="Locator_mbi_InvestmentsAtFairValueMember_9604" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9603" xlink:to="Locator_mbi_InvestmentsAtFairValueMember_9604" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_9606" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9605" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_9606" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FacilityMember" xlink:label="Locator_mbi_FacilityMember_9608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9607" xlink:to="Locator_mbi_FacilityMember_9608" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="Locator_us-gaap_OtherCurrentAssetsMember_9610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9609" xlink:to="Locator_us-gaap_OtherCurrentAssetsMember_9610" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashMember" xlink:label="Locator_us-gaap_CashMember_9612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9611" xlink:to="Locator_us-gaap_CashMember_9612" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_9614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9613" xlink:to="Locator_us-gaap_LoansReceivableMember_9614" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_9616" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9615" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_9616" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableOtherPayablesMember" xlink:label="Locator_us-gaap_NotesPayableOtherPayablesMember_9618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9617" xlink:to="Locator_us-gaap_NotesPayableOtherPayablesMember_9618" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayableMember" xlink:label="Locator_us-gaap_LoansPayableMember_9620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9619" xlink:to="Locator_us-gaap_LoansPayableMember_9620" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_9622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9621" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_9622" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_9624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9623" xlink:to="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_9624" order="2.0" />
    </definitionLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>14
<FILENAME>mbi-20141231_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.2 Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
    <labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AsiaMember" xlink:label="element1" />
        <label xlink:type="resource" xlink:label="label1" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AsiaMember_en-US">Asia [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1" xlink:to="label1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="element2" />
        <label xlink:type="resource" xlink:label="label2" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AwardTypeAxis_en-US">Award Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2" xlink:to="label2" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="element3" />
        <label xlink:type="resource" xlink:label="label3" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_en-US">AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3" xlink:to="label3" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="element4" />
        <label xlink:type="resource" xlink:label="label4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_en-US">Number of available-for-sale securities in unrealized loss position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element4" xlink:to="label4" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="element5" />
        <label xlink:type="resource" xlink:label="label5" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableforsaleSecuritiesMember_en-US">AFS Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element5" xlink:to="label5" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="element6" />
        <label xlink:type="resource" xlink:label="label6" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccountingPoliciesAbstract_en-US">Accounting Policies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element6" xlink:to="label6" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="element7" />
        <label xlink:type="resource" xlink:label="label7" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_en-US">Accounts Notes Loans And Financing Receivable By Receivable Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element7" xlink:to="label7" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="element8" />
        <label xlink:type="resource" xlink:label="label8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_en-US">Receivable Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element8" xlink:to="label8" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="element9" />
        <label xlink:type="resource" xlink:label="label9" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccountsNotesAndLoansReceivableLineItems_en-US">Accounts Notes And Loans Receivable [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element9" xlink:to="label9" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="element10" />
        <label xlink:type="resource" xlink:label="label10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccountsNotesAndLoansReceivableLineItems_en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element10" xlink:to="label10" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="element11" />
        <label xlink:type="resource" xlink:label="label11" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccruedInvestmentIncomeReceivable_en-US">Accrued Investment Income Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element11" xlink:to="label11" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="element12" />
        <label xlink:type="resource" xlink:label="label12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccruedInvestmentIncomeReceivable_en-US">Accrued investment income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element12" xlink:to="label12" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="element13" />
        <label xlink:type="resource" xlink:label="label13" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_en-US">Accumulated Depreciation Depletion And Amortization Property Plant And Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element13" xlink:to="label13" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="element14" />
        <label xlink:type="resource" xlink:label="label14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_en-US">Property and equipment, accumulated depreciation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element14" xlink:to="label14" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="element15" />
        <label xlink:type="resource" xlink:label="label15" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_en-US">Unrealized gains (losses) on AFS, net [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element15" xlink:to="label15" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element16" />
        <label xlink:type="resource" xlink:label="label16" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Accumulated Other Comprehensive Income Loss Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element16" xlink:to="label16" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element17" />
        <label xlink:type="resource" xlink:label="label17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Accumulated other comprehensive income (loss), net of tax of $7 and $54</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element17" xlink:to="label17" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element18" />
        <label xlink:type="resource" xlink:label="label18" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element18" xlink:to="label18" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element19" />
        <label xlink:type="resource" xlink:label="label19" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element19" xlink:to="label19" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element20" />
        <label xlink:type="resource" xlink:label="label20" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Accumulated other comprehensive income (loss), net of tax of $6 and $26</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element20" xlink:to="label20" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="element21" />
        <label xlink:type="resource" xlink:label="label21" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedOtherComprehensiveIncomeMember_en-US">Accumulated Other Comprehensive Income [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element21" xlink:to="label21" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="element22" />
        <label xlink:type="resource" xlink:label="label22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccumulatedOtherComprehensiveIncomeMember_en-US">Accumulated Other Comprehensive Income (Loss) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element22" xlink:to="label22" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:label="element23" />
        <label xlink:type="resource" xlink:label="label23" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_en-US">Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element23" xlink:to="label23" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="element24" />
        <label xlink:type="resource" xlink:label="label24" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedTranslationAdjustmentMember_en-US">Foreign currency translation, net [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element24" xlink:to="label24" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="element25" />
        <label xlink:type="resource" xlink:label="label25" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdditionalPaidInCapital_en-US">Additional Paid In Capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element25" xlink:to="label25" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="element26" />
        <label xlink:type="resource" xlink:label="label26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdditionalPaidInCapital_en-US">Additional paid-in capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element26" xlink:to="label26" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="element27" />
        <label xlink:type="resource" xlink:label="label27" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdditionalPaidInCapitalMember_en-US">Additional Paid In Capital [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element27" xlink:to="label27" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="element28" />
        <label xlink:type="resource" xlink:label="label28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdditionalPaidInCapitalMember_en-US">Additional Paid-In Capital [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element28" xlink:to="label28" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="element29" />
        <label xlink:type="resource" xlink:label="label29" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_en-US">Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element29" xlink:to="label29" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="element30" />
        <label xlink:type="resource" xlink:label="label30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_en-US">Total adjustments to net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element30" xlink:to="label30" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="element31" />
        <label xlink:type="resource" xlink:label="label31" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_en-US">Total adjustments to net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element31" xlink:to="label31" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="element32" />
        <label xlink:type="resource" xlink:label="label32" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_en-US">Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element32" xlink:to="label32" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="element33" />
        <label xlink:type="resource" xlink:label="label33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_en-US">Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element33" xlink:to="label33" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="element34" />
        <label xlink:type="resource" xlink:label="label34" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_en-US">Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element34" xlink:to="label34" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="element35" />
        <label xlink:type="resource" xlink:label="label35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_en-US">Share-based compensation, net of tax of $7; $4 and $2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element35" xlink:to="label35" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="element36" />
        <label xlink:type="resource" xlink:label="label36" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AllocatedShareBasedCompensationExpense_en-US">Share-based compensation expense (benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element36" xlink:to="label36" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="element37" />
        <label xlink:type="resource" xlink:label="label37" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_en-US">Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element37" xlink:to="label37" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="element38" />
        <label xlink:type="resource" xlink:label="label38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_en-US">Antidilutive stock options, restricted stock and warrants outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element38" xlink:to="label38" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="element39" />
        <label xlink:type="resource" xlink:label="label39" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetBackedSecuritiesMember_en-US">Asset-backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element39" xlink:to="label39" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsHeldForSaleMember" xlink:label="element40" />
        <label xlink:type="resource" xlink:label="label40" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsHeldForSaleMember_en-US">Assets Held For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element40" xlink:to="label40" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsHeldForSaleMember" xlink:label="element41" />
        <label xlink:type="resource" xlink:label="label41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsHeldForSaleMember_en-US">Facilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element41" xlink:to="label41" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="element42" />
        <label xlink:type="resource" xlink:label="label42" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Assets_en-US">Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element42" xlink:to="label42" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="element43" />
        <label xlink:type="resource" xlink:label="label43" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Assets_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element43" xlink:to="label43" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="element44" />
        <label xlink:type="resource" xlink:label="label44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Assets_en-US">Carrying amounts of assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element44" xlink:to="label44" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="element45" />
        <label xlink:type="resource" xlink:label="label45" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_Assets_en-US">Identifiable assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element45" xlink:to="label45" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="element46" />
        <label xlink:type="resource" xlink:label="label46" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsAbstract_en-US">Assets [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element46" xlink:to="label46" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="element47" />
        <label xlink:type="resource" xlink:label="label47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsAbstract_en-US">Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element47" xlink:to="label47" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="element48" />
        <label xlink:type="resource" xlink:label="label48" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsFairValueDisclosureRecurring_en-US">Investments Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element48" xlink:to="label48" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="element49" />
        <label xlink:type="resource" xlink:label="label49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsFairValueDisclosureRecurring_en-US">Fair value financial assets measured on recurring basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element49" xlink:to="label49" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="element50" />
        <label xlink:type="resource" xlink:label="label50" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsFairValueDisclosureNonrecurring_en-US">AssetsFairValueDisclosureNonrecurring</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element50" xlink:to="label50" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="element51" />
        <label xlink:type="resource" xlink:label="label51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsFairValueDisclosureNonrecurring_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element51" xlink:to="label51" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="element52" />
        <label xlink:type="resource" xlink:label="label52" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AssetsFairValueDisclosureNonrecurring_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element52" xlink:to="label52" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="element53" />
        <label xlink:type="resource" xlink:label="label53" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssumedPremiumsEarned_en-US">Assumed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element53" xlink:to="label53" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssumedPremiumsWritten" xlink:label="element54" />
        <label xlink:type="resource" xlink:label="label54" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssumedPremiumsWritten_en-US">Assumed From Other Companies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element54" xlink:to="label54" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element55" />
        <label xlink:type="resource" xlink:label="label55" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element55" xlink:to="label55" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element56" />
        <label xlink:type="resource" xlink:label="label56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Less than 12 months, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element56" xlink:to="label56" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element57" />
        <label xlink:type="resource" xlink:label="label57" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element57" xlink:to="label57" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element58" />
        <label xlink:type="resource" xlink:label="label58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element58" xlink:to="label58" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="element59" />
        <label xlink:type="resource" xlink:label="label59" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_en-US">Available-For-Sale Securities And Held-To-Maturity Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element59" xlink:to="label59" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element60" />
        <label xlink:type="resource" xlink:label="label60" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element60" xlink:to="label60" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element61" />
        <label xlink:type="resource" xlink:label="label61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element61" xlink:to="label61" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element62" />
        <label xlink:type="resource" xlink:label="label62" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element62" xlink:to="label62" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element63" />
        <label xlink:type="resource" xlink:label="label63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element63" xlink:to="label63" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="element64" />
        <label xlink:type="resource" xlink:label="label64" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element64" xlink:to="label64" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="element65" />
        <label xlink:type="resource" xlink:label="label65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element65" xlink:to="label65" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="element66" />
        <label xlink:type="resource" xlink:label="label66" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_en-US">Available For Sale Securities Short Term Investments Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element66" xlink:to="label66" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="element67" />
        <label xlink:type="resource" xlink:label="label67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_en-US">Short-term investments held as available-for-sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element67" xlink:to="label67" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element68" />
        <label xlink:type="resource" xlink:label="label68" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element68" xlink:to="label68" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element69" />
        <label xlink:type="resource" xlink:label="label69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">12 months or longer, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element69" xlink:to="label69" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="element70" />
        <label xlink:type="resource" xlink:label="label70" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecurities_en-US">Available For Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element70" xlink:to="label70" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="element71" />
        <label xlink:type="resource" xlink:label="label71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecurities_en-US">OLD Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $3,999 and $4,347)Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $321 and $637)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element71" xlink:to="label71" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="element72" />
        <label xlink:type="resource" xlink:label="label72" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecurities_en-US">Total available-for-sale, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element72" xlink:to="label72" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="element73" />
        <label xlink:type="resource" xlink:label="label73" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_en-US">Available For Sale Securities Pledged As Collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element73" xlink:to="label73" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="element74" />
        <label xlink:type="resource" xlink:label="label74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_en-US">Investments pledged as collateral, at fair value (amortized cost $441 and $483)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element74" xlink:to="label74" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="element75" />
        <label xlink:type="resource" xlink:label="label75" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_en-US">Investments pledged as collateral, at fair value (amortized cost $445 and $463)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element75" xlink:to="label75" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="element76" />
        <label xlink:type="resource" xlink:label="label76" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtSecurities_en-US">AvailableForSaleSecuritiesDebtSecurities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element76" xlink:to="label76" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="element77" />
        <label xlink:type="resource" xlink:label="label77" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesDebtSecurities_en-US">Total Available-For-Sale, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element77" xlink:to="label77" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="element78" />
        <label xlink:type="resource" xlink:label="label78" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_en-US">AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element78" xlink:to="label78" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="element79" />
        <label xlink:type="resource" xlink:label="label79" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_en-US">Total Available-For-Sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element79" xlink:to="label79" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element80" />
        <label xlink:type="resource" xlink:label="label80" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Available For Sale Securities Continuous Unrealized Loss Position Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element80" xlink:to="label80" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element81" />
        <label xlink:type="resource" xlink:label="label81" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US" id="positive_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total Available-For-Sale, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element81" xlink:to="label81" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element82" />
        <label xlink:type="resource" xlink:label="label82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element82" xlink:to="label82" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element83" />
        <label xlink:type="resource" xlink:label="label83" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total available-for-sale, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element83" xlink:to="label83" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element84" />
        <label xlink:type="resource" xlink:label="label84" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element84" xlink:to="label84" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="element85" />
        <label xlink:type="resource" xlink:label="label85" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element85" xlink:to="label85" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="element86" />
        <label xlink:type="resource" xlink:label="label86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element86" xlink:to="label86" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="element87" />
        <label xlink:type="resource" xlink:label="label87" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesCurrent_en-US">Available For Sale Securities Current</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element87" xlink:to="label87" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="element88" />
        <label xlink:type="resource" xlink:label="label88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesCurrent_en-US">Short-term investments held as available-for-sale, at fair value (amortized cost $1,069 and $1,203)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element88" xlink:to="label88" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="element89" />
        <label xlink:type="resource" xlink:label="label89" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesCurrent_en-US">Short-term investments held as available-for-sale, at fair value (amortized cost $327 and $171)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element89" xlink:to="label89" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element90" />
        <label xlink:type="resource" xlink:label="label90" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element90" xlink:to="label90" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element91" />
        <label xlink:type="resource" xlink:label="label91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element91" xlink:to="label91" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="element92" />
        <label xlink:type="resource" xlink:label="label92" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element92" xlink:to="label92" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="element93" />
        <label xlink:type="resource" xlink:label="label93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element93" xlink:to="label93" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="element94" />
        <label xlink:type="resource" xlink:label="label94" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element94" xlink:to="label94" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="element95" />
        <label xlink:type="resource" xlink:label="label95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element95" xlink:to="label95" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element96" />
        <label xlink:type="resource" xlink:label="label96" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">Fixed-maturity securities held as available-for-sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element96" xlink:to="label96" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element97" />
        <label xlink:type="resource" xlink:label="label97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">Amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element97" xlink:to="label97" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element98" />
        <label xlink:type="resource" xlink:label="label98" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">OLD Short-term investments held as available-for-sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element98" xlink:to="label98" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element99" />
        <label xlink:type="resource" xlink:label="label99" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">Total Available-For-Sale, Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element99" xlink:to="label99" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="element100" />
        <label xlink:type="resource" xlink:label="label100" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_en-US">AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element100" xlink:to="label100" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="element101" />
        <label xlink:type="resource" xlink:label="label101" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element101" xlink:to="label101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="element102" />
        <label xlink:type="resource" xlink:label="label102" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAbstract_en-US">Available For Sale Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element102" xlink:to="label102" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="element103" />
        <label xlink:type="resource" xlink:label="label103" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element103" xlink:to="label103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="element104" />
        <label xlink:type="resource" xlink:label="label104" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element104" xlink:to="label104" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="element105" />
        <label xlink:type="resource" xlink:label="label105" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_en-US">Available For Sale Securities Realized Gain Loss [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element105" xlink:to="label105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="element106" />
        <label xlink:type="resource" xlink:label="label106" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_en-US">Available For Sale Securities Gross Realized Gains Losses Sale Proceeds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element106" xlink:to="label106" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="element107" />
        <label xlink:type="resource" xlink:label="label107" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_en-US">Proceeds from sales</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element107" xlink:to="label107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="element108" />
        <label xlink:type="resource" xlink:label="label108" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_en-US">Available For Sale Securities Gross Realized Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element108" xlink:to="label108" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="element109" />
        <label xlink:type="resource" xlink:label="label109" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_en-US">Gross realized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element109" xlink:to="label109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="element110" />
        <label xlink:type="resource" xlink:label="label110" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_en-US">Available For Sale Securities Gross Realized Gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element110" xlink:to="label110" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="element111" />
        <label xlink:type="resource" xlink:label="label111" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_en-US">Gross realized gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element111" xlink:to="label111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="element112" />
        <label xlink:type="resource" xlink:label="label112" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesNoncurrent_en-US">Available For Sale Securities Non Current</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element112" xlink:to="label112" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="element113" />
        <label xlink:type="resource" xlink:label="label113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesNoncurrent_en-US">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $5,036 and $5,064) Investments held as available-for-sale, at fair value (amortized cost $0 and $136)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element113" xlink:to="label113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="element114" />
        <label xlink:type="resource" xlink:label="label114" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesNoncurrent_en-US">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $671 and $703)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element114" xlink:to="label114" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="element115" />
        <label xlink:type="resource" xlink:label="label115" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BalanceSheetLocationAxis_en-US">Balance Sheet Location [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element115" xlink:to="label115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="element116" />
        <label xlink:type="resource" xlink:label="label116" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BalanceSheetLocationDomain_en-US">Balance Sheet Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element116" xlink:to="label116" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="element117" />
        <label xlink:type="resource" xlink:label="label117" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BalanceSheetLocationDomain_en-US">Balance Sheet Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element117" xlink:to="label117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="element118" />
        <label xlink:type="resource" xlink:label="label118" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_en-US">Basis of Presentation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element118" xlink:to="label118" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="element119" />
        <label xlink:type="resource" xlink:label="label119" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BenefitsLossesAndExpenses_en-US">Benefits Losses And Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element119" xlink:to="label119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="element120" />
        <label xlink:type="resource" xlink:label="label120" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BenefitsLossesAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element120" xlink:to="label120" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="element121" />
        <label xlink:type="resource" xlink:label="label121" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_BenefitsLossesAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element121" xlink:to="label121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="element122" />
        <label xlink:type="resource" xlink:label="label122" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_en-US">Borrowings Under Guaranteed Investment Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element122" xlink:to="label122" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="element123" />
        <label xlink:type="resource" xlink:label="label123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_en-US">Investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element123" xlink:to="label123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="element124" />
        <label xlink:type="resource" xlink:label="label124" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element124" xlink:to="label124" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="element125" />
        <label xlink:type="resource" xlink:label="label125" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BuildingAndBuildingImprovementsMember_en-US">Building And Site Improvements [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element125" xlink:to="label125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="element126" />
        <label xlink:type="resource" xlink:label="label126" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BusinessAcquisitionLineItems_en-US">Business Acquisition [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element126" xlink:to="label126" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="element127" />
        <label xlink:type="resource" xlink:label="label127" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BusinessAcquisitionLineItems_en-US">Business Acquisition [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element127" xlink:to="label127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="element128" />
        <label xlink:type="resource" xlink:label="label128" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CounterpartyNameAxis_en-US">Counterparty Name [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element128" xlink:to="label128" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="element129" />
        <label xlink:type="resource" xlink:label="label129" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_en-US">CapitalizationOfDeferredPolicyAcquisitionCostsPolicy</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element129" xlink:to="label129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="element130" />
        <label xlink:type="resource" xlink:label="label130" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_en-US">Deferred Policy Acquisition Costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element130" xlink:to="label130" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="element131" />
        <label xlink:type="resource" xlink:label="label131" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CarryingReportedAmountFairValueDisclosureMember_en-US">Carrying Reported Amount Fair Value Disclosure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element131" xlink:to="label131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="element132" />
        <label xlink:type="resource" xlink:label="label132" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CarryingReportedAmountFairValueDisclosureMember_en-US">Carrying Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element132" xlink:to="label132" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="element133" />
        <label xlink:type="resource" xlink:label="label133" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashIncludingDiscontinuedOperations_en-US">CashIncludingDiscontinuedOperations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element133" xlink:to="label133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="element134" />
        <label xlink:type="resource" xlink:label="label134" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CashIncludingDiscontinuedOperations_en-US">Reclassification to assets held for sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element134" xlink:to="label134" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="element135" />
        <label xlink:type="resource" xlink:label="label135" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Cash_en-US">Cash</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element135" xlink:to="label135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="element136" />
        <label xlink:type="resource" xlink:label="label136" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Cash_en-US">Cash</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element136" xlink:to="label136" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="element137" />
        <label xlink:type="resource" xlink:label="label137" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_en-US">Cash And Cash Equivalents Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element137" xlink:to="label137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="element138" />
        <label xlink:type="resource" xlink:label="label138" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_en-US">Net increase (decrease) in cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element138" xlink:to="label138" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="element139" />
        <label xlink:type="resource" xlink:label="label139" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_en-US">Net increase (decrease) in cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element139" xlink:to="label139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashMember" xlink:label="element140" />
        <label xlink:type="resource" xlink:label="label140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashMember_en-US">Cash [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element140" xlink:to="label140" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="element141" />
        <label xlink:type="resource" xlink:label="label141" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_en-US">Dividends from subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element141" xlink:to="label141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element142" />
        <label xlink:type="resource" xlink:label="label142" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash And Cash Equivalents At Carrying Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element142" xlink:to="label142" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element143" />
        <label xlink:type="resource" xlink:label="label143" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and cash equivalents - end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element143" xlink:to="label143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element144" />
        <label xlink:type="resource" xlink:label="label144" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and cash equivalents - beginning of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element144" xlink:to="label144" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element145" />
        <label xlink:type="resource" xlink:label="label145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element145" xlink:to="label145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="element146" />
        <label xlink:type="resource" xlink:label="label146" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsPolicyTextBlock_en-US">Cash, Cash Equivalents and Collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element146" xlink:to="label146" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="element147" />
        <label xlink:type="resource" xlink:label="label147" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsMember_en-US">Cash And Cash Equivalents [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element147" xlink:to="label147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="element148" />
        <label xlink:type="resource" xlink:label="label148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashAndCashEquivalentsMember_en-US">Cash and Cash Equivalents [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element148" xlink:to="label148" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="element149" />
        <label xlink:type="resource" xlink:label="label149" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededCreditRiskAxis_en-US">Ceded Credit Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element149" xlink:to="label149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="element150" />
        <label xlink:type="resource" xlink:label="label150" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededPremiumsWritten_en-US">Ceded to Others</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element150" xlink:to="label150" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="element151" />
        <label xlink:type="resource" xlink:label="label151" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededCreditRiskReinsurerDomain_en-US">Ceded Credit Risk, Reinsurer [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element151" xlink:to="label151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="element152" />
        <label xlink:type="resource" xlink:label="label152" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededPremiumsEarned_en-US">Ceded Premiums Earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element152" xlink:to="label152" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="element153" />
        <label xlink:type="resource" xlink:label="label153" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CededPremiumsEarned_en-US">Ceded premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element153" xlink:to="label153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="element154" />
        <label xlink:type="resource" xlink:label="label154" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CededPremiumsEarned_en-US">Ceded premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element154" xlink:to="label154" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="element155" />
        <label xlink:type="resource" xlink:label="label155" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightOutstanding_en-US">Warrants outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element155" xlink:to="label155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="element156" />
        <label xlink:type="resource" xlink:label="label156" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfStockLineItems_en-US">Class of Stock [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element156" xlink:to="label156" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="element157" />
        <label xlink:type="resource" xlink:label="label157" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightAxis_en-US">Class Of Warrant Or Right [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element157" xlink:to="label157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="element158" />
        <label xlink:type="resource" xlink:label="label158" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightDomain_en-US">Class Of Warrant Or Right [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element158" xlink:to="label158" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights" xlink:label="element159" />
        <label xlink:type="resource" xlink:label="label159" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_en-US">Class Of Warrant Or Right Exercise Price Of Warrants Or Rights</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element159" xlink:to="label159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights" xlink:label="element160" />
        <label xlink:type="resource" xlink:label="label160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_en-US">Warrant exercise price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element160" xlink:to="label160" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="element161" />
        <label xlink:type="resource" xlink:label="label161" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfStockDomain_en-US">Class of Stock [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element161" xlink:to="label161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="element162" />
        <label xlink:type="resource" xlink:label="label162" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassificationOfVariableInterestEntityDomain_en-US">Classification Of Variable Interest Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element162" xlink:to="label162" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="element163" />
        <label xlink:type="resource" xlink:label="label163" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ClassificationOfVariableInterestEntityDomain_en-US">Variable Interest Entity, Classification [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element163" xlink:to="label163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="element164" />
        <label xlink:type="resource" xlink:label="label164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CollateralizedLoanObligationsMember_en-US">Collateral Loan Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element164" xlink:to="label164" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="element165" />
        <label xlink:type="resource" xlink:label="label165" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CollateralizedDebtObligationsMember_en-US">Collateralized Debt Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element165" xlink:to="label165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="element166" />
        <label xlink:type="resource" xlink:label="label166" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CollateralizedDebtObligationsMember_en-US">Collateralized Debt Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element166" xlink:to="label166" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="element167" />
        <label xlink:type="resource" xlink:label="label167" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommercialMortgageBackedSecuritiesMember_en-US">Commercial Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element167" xlink:to="label167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="element168" />
        <label xlink:type="resource" xlink:label="label168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommercialMortgageBackedSecuritiesMember_en-US">Commercial Mortgage-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element168" xlink:to="label168" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="element169" />
        <label xlink:type="resource" xlink:label="label169" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_en-US">Commitments and Contingencies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element169" xlink:to="label169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="element170" />
        <label xlink:type="resource" xlink:label="label170" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommitmentsAndContingencies_en-US">Commitments And Contingencies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element170" xlink:to="label170" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="element171" />
        <label xlink:type="resource" xlink:label="label171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommitmentsAndContingencies_en-US">Commitments and contingencies (See Note 21)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element171" xlink:to="label171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="element172" />
        <label xlink:type="resource" xlink:label="label172" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_en-US">Commitments And Contingencies Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element172" xlink:to="label172" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="element173" />
        <label xlink:type="resource" xlink:label="label173" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_en-US">Commitments and Contingencies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element173" xlink:to="label173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommodityIndexLinkedNotesMember" xlink:label="element174" />
        <label xlink:type="resource" xlink:label="label174" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommodityIndexLinkedNotesMember_en-US">Credit Linked Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element174" xlink:to="label174" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="element175" />
        <label xlink:type="resource" xlink:label="label175" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockParOrStatedValuePerShare_en-US">Common Stock Par Or Stated Value Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element175" xlink:to="label175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="element176" />
        <label xlink:type="resource" xlink:label="label176" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockParOrStatedValuePerShare_en-US">Common stock, par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element176" xlink:to="label176" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockMember" xlink:label="element177" />
        <label xlink:type="resource" xlink:label="label177" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockMember_en-US">Common Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element177" xlink:to="label177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockMember" xlink:label="element178" />
        <label xlink:type="resource" xlink:label="label178" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockMember_en-US">Common Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element178" xlink:to="label178" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="element179" />
        <label xlink:type="resource" xlink:label="label179" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockValue_en-US">Common Stock Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element179" xlink:to="label179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="element180" />
        <label xlink:type="resource" xlink:label="label180" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockValue_en-US">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782 and 277,812,430</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element180" xlink:to="label180" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element181" />
        <label xlink:type="resource" xlink:label="label181" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockSharesIssued_en-US">Common Stock Shares Issued</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element181" xlink:to="label181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element182" />
        <label xlink:type="resource" xlink:label="label182" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockSharesIssued_en-US">Common stock, issued shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element182" xlink:to="label182" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element183" />
        <label xlink:type="resource" xlink:label="label183" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_CommonStockSharesIssued_en-US">Balance (in common stock shares) as of</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element183" xlink:to="label183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element184" />
        <label xlink:type="resource" xlink:label="label184" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_CommonStockSharesIssued_en-US">Balance (in common stock shares) as of</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element184" xlink:to="label184" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="element185" />
        <label xlink:type="resource" xlink:label="label185" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockSharesAuthorized_en-US">Common Stock Shares Authorized</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element185" xlink:to="label185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="element186" />
        <label xlink:type="resource" xlink:label="label186" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockSharesAuthorized_en-US">Common stock, authorized shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element186" xlink:to="label186" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="element187" />
        <label xlink:type="resource" xlink:label="label187" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_en-US">Shareholder approved increase in common stock reserved and available for issuance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element187" xlink:to="label187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="element188" />
        <label xlink:type="resource" xlink:label="label188" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_en-US">Components of deferred tax assets and liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element188" xlink:to="label188" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="element189" />
        <label xlink:type="resource" xlink:label="label189" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_en-US">Other comprehensive income (loss): [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element189" xlink:to="label189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="element190" />
        <label xlink:type="resource" xlink:label="label190" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComprehensiveIncomeNetOfTax_en-US">Comprehensive Income Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element190" xlink:to="label190" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="element191" />
        <label xlink:type="resource" xlink:label="label191" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ComprehensiveIncomeNetOfTax_en-US">Comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element191" xlink:to="label191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="element192" />
        <label xlink:type="resource" xlink:label="label192" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ComprehensiveIncomeNetOfTax_en-US">Comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element192" xlink:to="label192" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="element193" />
        <label xlink:type="resource" xlink:label="label193" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComprehensiveIncomeNoteTextBlock_en-US">Accumulated Other Comprehensive Income [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element193" xlink:to="label193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="element194" />
        <label xlink:type="resource" xlink:label="label194" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComputerEquipmentMember_en-US">Equipment And Software [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element194" xlink:to="label194" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="element195" />
        <label xlink:type="resource" xlink:label="label195" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_en-US">Condensed Balance Sheet Statements, Captions [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element195" xlink:to="label195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="element196" />
        <label xlink:type="resource" xlink:label="label196" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedIncomeStatementTable_en-US">Condensed Income Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element196" xlink:to="label196" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="element197" />
        <label xlink:type="resource" xlink:label="label197" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedCashFlowStatementTable_en-US">Condensed Cash Flow Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element197" xlink:to="label197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="element198" />
        <label xlink:type="resource" xlink:label="label198" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_en-US">Condensed Cash Flow Statements, Captions [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element198" xlink:to="label198" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="element199" />
        <label xlink:type="resource" xlink:label="label199" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_en-US">Condensed Financial Information of Parent Company Only Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element199" xlink:to="label199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="element200" />
        <label xlink:type="resource" xlink:label="label200" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_en-US">Condensed Financial Information of Parent Company Only Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element200" xlink:to="label200" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="element201" />
        <label xlink:type="resource" xlink:label="label201" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedIncomeStatementsCaptionsLineItems_en-US">Condensed Income Statements, Captions [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element201" xlink:to="label201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="element202" />
        <label xlink:type="resource" xlink:label="label202" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_en-US">Condensed Financial Information of Parent Company Only Disclosure [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element202" xlink:to="label202" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="element203" />
        <label xlink:type="resource" xlink:label="label203" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedBalanceSheetStatementTable_en-US">Condensed Balance Sheet Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element203" xlink:to="label203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="element204" />
        <label xlink:type="resource" xlink:label="label204" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_en-US">Consolidated Entity Excluding Variable Interest Entities VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element204" xlink:to="label204" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="element205" />
        <label xlink:type="resource" xlink:label="label205" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_en-US">Non Variable Interest Entity [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element205" xlink:to="label205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="element206" />
        <label xlink:type="resource" xlink:label="label206" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidationItemsDomain_en-US">Consolidation Items [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element206" xlink:to="label206" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="element207" />
        <label xlink:type="resource" xlink:label="label207" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidationPolicyTextBlock_en-US">Consolidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element207" xlink:to="label207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="element208" />
        <label xlink:type="resource" xlink:label="label208" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidationItemsAxis_en-US">Consolidation Items [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element208" xlink:to="label208" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="element209" />
        <label xlink:type="resource" xlink:label="label209" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CorporateDebtSecuritiesMember_en-US">Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element209" xlink:to="label209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="element210" />
        <label xlink:type="resource" xlink:label="label210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CostsAndExpenses_en-US">Costs And Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element210" xlink:to="label210" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="element211" />
        <label xlink:type="resource" xlink:label="label211" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_CostsAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element211" xlink:to="label211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="element212" />
        <label xlink:type="resource" xlink:label="label212" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditDefaultSwapMember_en-US">Credit Default Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element212" xlink:to="label212" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="element213" />
        <label xlink:type="resource" xlink:label="label213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CreditDefaultSwapMember_en-US">Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element213" xlink:to="label213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="element214" />
        <label xlink:type="resource" xlink:label="label214" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditFacilityAxis_en-US">Credit Facility [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element214" xlink:to="label214" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="element215" />
        <label xlink:type="resource" xlink:label="label215" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditDerivativesContractTypeDomain_en-US">Credit Derivatives Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element215" xlink:to="label215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="element216" />
        <label xlink:type="resource" xlink:label="label216" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CreditDerivativesContractTypeDomain_en-US">Credit Derivatives Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element216" xlink:to="label216" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="element217" />
        <label xlink:type="resource" xlink:label="label217" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditDerivativesByContractTypeAxis_en-US">Credit Derivatives By Contract Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element217" xlink:to="label217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="element218" />
        <label xlink:type="resource" xlink:label="label218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CreditDerivativesByContractTypeAxis_en-US">Credit Derivatives Contract Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element218" xlink:to="label218" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingStandardPoorsAxis" xlink:label="element219" />
        <label xlink:type="resource" xlink:label="label219" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditRatingStandardPoorsAxis_en-US">Credit Rating, Standard &amp; Poor's [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element219" xlink:to="label219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="element220" />
        <label xlink:type="resource" xlink:label="label220" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditFacilityDomain_en-US">Credit Facility [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element220" xlink:to="label220" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="element221" />
        <label xlink:type="resource" xlink:label="label221" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_en-US">Credit Risk Derivative Liabilities At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element221" xlink:to="label221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="element222" />
        <label xlink:type="resource" xlink:label="label222" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_en-US">Total fair value of credit derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element222" xlink:to="label222" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="element223" />
        <label xlink:type="resource" xlink:label="label223" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditRatingMoodysAxis_en-US">Credit Rating Moodys [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element223" xlink:to="label223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="element224" />
        <label xlink:type="resource" xlink:label="label224" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrencySwapMember_en-US">Currency Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element224" xlink:to="label224" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="element225" />
        <label xlink:type="resource" xlink:label="label225" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CurrencySwapMember_en-US">Currency Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element225" xlink:to="label225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="element226" />
        <label xlink:type="resource" xlink:label="label226" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_en-US">State</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element226" xlink:to="label226" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element227" />
        <label xlink:type="resource" xlink:label="label227" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Current income tax expense (benefit), continuing operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element227" xlink:to="label227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element228" />
        <label xlink:type="resource" xlink:label="label228" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Current taxes:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element228" xlink:to="label228" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="element229" />
        <label xlink:type="resource" xlink:label="label229" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentForeignTaxExpenseBenefit_en-US">Foreign</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element229" xlink:to="label229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="element230" />
        <label xlink:type="resource" xlink:label="label230" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentFederalTaxExpenseBenefit_en-US">Federal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element230" xlink:to="label230" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="element231" />
        <label xlink:type="resource" xlink:label="label231" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DesignatedAsHedgingInstrumentMember_en-US">Designated As Hedging Instrument [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element231" xlink:to="label231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCallDateLatest" xlink:label="element232" />
        <label xlink:type="resource" xlink:label="label232" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentCallDateLatest_en-US">Latest callable date before maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element232" xlink:to="label232" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="element233" />
        <label xlink:type="resource" xlink:label="label233" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_en-US">Debt instrument, base reference rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element233" xlink:to="label233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="element234" />
        <label xlink:type="resource" xlink:label="label234" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentRepurchaseAmount_en-US">DebtInstrumentRepurchaseAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element234" xlink:to="label234" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="element235" />
        <label xlink:type="resource" xlink:label="label235" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentRepurchaseAmount_en-US">Repurchase of senior notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element235" xlink:to="label235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="element236" />
        <label xlink:type="resource" xlink:label="label236" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentLineItems_en-US">Debt Instrument [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element236" xlink:to="label236" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="element237" />
        <label xlink:type="resource" xlink:label="label237" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentTable_en-US">Schedule of Long-term Debt Instruments [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element237" xlink:to="label237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="element238" />
        <label xlink:type="resource" xlink:label="label238" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentFairValue_en-US">Debt Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element238" xlink:to="label238" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="element239" />
        <label xlink:type="resource" xlink:label="label239" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentFairValue_en-US">Variable interest entity notes, financial instruments carried at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element239" xlink:to="label239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="element240" />
        <label xlink:type="resource" xlink:label="label240" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DebtInstrumentFairValue_en-US">Net fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element240" xlink:to="label240" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="element241" />
        <label xlink:type="resource" xlink:label="label241" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_en-US">Debt instrument, basis spread on variable rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element241" xlink:to="label241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtMember" xlink:label="element242" />
        <label xlink:type="resource" xlink:label="label242" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtMember_en-US">Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element242" xlink:to="label242" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="element243" />
        <label xlink:type="resource" xlink:label="label243" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtDisclosureAbstract_en-US">Debt Disclosure [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element243" xlink:to="label243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="element244" />
        <label xlink:type="resource" xlink:label="label244" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtDisclosureAbstract_en-US">Text Block [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element244" xlink:to="label244" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="element245" />
        <label xlink:type="resource" xlink:label="label245" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentRepurchasedFaceAmount_en-US">Debt Instrument Repurchased Face Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element245" xlink:to="label245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="element246" />
        <label xlink:type="resource" xlink:label="label246" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentRepurchasedFaceAmount_en-US">Par value redeemed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element246" xlink:to="label246" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCallDateEarliest" xlink:label="element247" />
        <label xlink:type="resource" xlink:label="label247" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentCallDateEarliest_en-US">Initial Callable date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element247" xlink:to="label247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="element248" />
        <label xlink:type="resource" xlink:label="label248" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtSecurityAxis_en-US">Debt Security [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element248" xlink:to="label248" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="element249" />
        <label xlink:type="resource" xlink:label="label249" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentCarryingAmount_en-US">Long-term debt, gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element249" xlink:to="label249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="element250" />
        <label xlink:type="resource" xlink:label="label250" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DebtInstrumentCarryingAmount_en-US">Total expected principal payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element250" xlink:to="label250" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="element251" />
        <label xlink:type="resource" xlink:label="label251" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentCarryingAmount_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element251" xlink:to="label251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentConvertibleConversionRatio1" xlink:label="element252" />
        <label xlink:type="resource" xlink:label="label252" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentConvertibleConversionRatio1_en-US">DebtInstrumentConvertibleConversionRatio1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element252" xlink:to="label252" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentConvertibleConversionRatio1" xlink:label="element253" />
        <label xlink:type="resource" xlink:label="label253" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentConvertibleConversionRatio1_en-US">Debt Instrument Convertible Conversion Ratio</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element253" xlink:to="label253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="element254" />
        <label xlink:type="resource" xlink:label="label254" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtDisclosureTextBlock_en-US">Debt Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element254" xlink:to="label254" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="element255" />
        <label xlink:type="resource" xlink:label="label255" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtDisclosureTextBlock_en-US">Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element255" xlink:to="label255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="element256" />
        <label xlink:type="resource" xlink:label="label256" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentAxis_en-US">Debt Instrument [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element256" xlink:to="label256" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="element257" />
        <label xlink:type="resource" xlink:label="label257" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtWeightedAverageInterestRate_en-US">Weighted average interest rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element257" xlink:to="label257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="element258" />
        <label xlink:type="resource" xlink:label="label258" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentNameDomain_en-US">Debt Instrument Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element258" xlink:to="label258" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="element259" />
        <label xlink:type="resource" xlink:label="label259" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentUnamortizedDiscount_en-US">Less unamortized discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element259" xlink:to="label259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtPolicyTextBlock" xlink:label="element260" />
        <label xlink:type="resource" xlink:label="label260" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtPolicyTextBlock_en-US">Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element260" xlink:to="label260" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="element261" />
        <label xlink:type="resource" xlink:label="label261" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentInterestRateStatedPercentage_en-US">Debt Instrument Interest Rate Stated Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element261" xlink:to="label261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="element262" />
        <label xlink:type="resource" xlink:label="label262" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentInterestRateStatedPercentage_en-US">MBIA debt coupon rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element262" xlink:to="label262" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="element263" />
        <label xlink:type="resource" xlink:label="label263" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DebtInstrumentInterestRateStatedPercentage_en-US">Long-term debt, interest rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element263" xlink:to="label263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="element264" />
        <label xlink:type="resource" xlink:label="label264" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentInterestRateTerms_en-US">Dividend rate on preferred stock determined rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element264" xlink:to="label264" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="element265" />
        <label xlink:type="resource" xlink:label="label265" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentInterestRateTerms_en-US">Interest rate terms</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element265" xlink:to="label265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="element266" />
        <label xlink:type="resource" xlink:label="label266" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentMaturityDate_en-US">Long-term debt, maturity date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element266" xlink:to="label266" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum" xlink:label="element267" />
        <label xlink:type="resource" xlink:label="label267" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_en-US">Annual interest rates, maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element267" xlink:to="label267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum" xlink:label="element268" />
        <label xlink:type="resource" xlink:label="label268" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_en-US">Annual interest rates, minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element268" xlink:to="label268" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="element269" />
        <label xlink:type="resource" xlink:label="label269" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_en-US">Postretirement Benefits, Type of Deferred Compensation [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element269" xlink:to="label269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="element270" />
        <label xlink:type="resource" xlink:label="label270" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_en-US">Type of Deferred Compensation [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element270" xlink:to="label270" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="element271" />
        <label xlink:type="resource" xlink:label="label271" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredIncomeTaxLiabilities_en-US">DeferredIncomeTaxLiabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element271" xlink:to="label271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="element272" />
        <label xlink:type="resource" xlink:label="label272" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DeferredIncomeTaxLiabilities_en-US">Total gross deferred tax liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element272" xlink:to="label272" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="element273" />
        <label xlink:type="resource" xlink:label="label273" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_en-US">Federal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element273" xlink:to="label273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="element274" />
        <label xlink:type="resource" xlink:label="label274" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_en-US">Deferred Federal Income Tax Expense (Benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element274" xlink:to="label274" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="element275" />
        <label xlink:type="resource" xlink:label="label275" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_en-US">Deferred Policy Acquisition Cost Amortization Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element275" xlink:to="label275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="element276" />
        <label xlink:type="resource" xlink:label="label276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_en-US">Amortization of deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element276" xlink:to="label276" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="element277" />
        <label xlink:type="resource" xlink:label="label277" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredPolicyAcquisitionCosts_en-US">Deferred Policy Acquisition Costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element277" xlink:to="label277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="element278" />
        <label xlink:type="resource" xlink:label="label278" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredPolicyAcquisitionCosts_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element278" xlink:to="label278" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element279" />
        <label xlink:type="resource" xlink:label="label279" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element279" xlink:to="label279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element280" />
        <label xlink:type="resource" xlink:label="label280" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Deferred taxes:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element280" xlink:to="label280" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="element281" />
        <label xlink:type="resource" xlink:label="label281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_en-US">Foreign</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element281" xlink:to="label281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="element282" />
        <label xlink:type="resource" xlink:label="label282" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_en-US">DeferredForeignIncomeTaxExpenseBenefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element282" xlink:to="label282" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="element283" />
        <label xlink:type="resource" xlink:label="label283" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredIncomeTaxExpenseBenefit_en-US">Deferred Income Tax Expense Benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element283" xlink:to="label283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="element284" />
        <label xlink:type="resource" xlink:label="label284" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredIncomeTaxExpenseBenefit_en-US">Deferred income tax provision (benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element284" xlink:to="label284" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="element285" />
        <label xlink:type="resource" xlink:label="label285" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_en-US">State</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element285" xlink:to="label285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="element286" />
        <label xlink:type="resource" xlink:label="label286" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_en-US">Deferred State and Local Income Tax Expense (Benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element286" xlink:to="label286" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="element287" />
        <label xlink:type="resource" xlink:label="label287" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredRevenueArrangementTypeDomain_en-US">Deferred Revenue Arrangement Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element287" xlink:to="label287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="element288" />
        <label xlink:type="resource" xlink:label="label288" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsLiabilitiesNet_en-US">Deferred Tax Assets Liabilities Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element288" xlink:to="label288" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="element289" />
        <label xlink:type="resource" xlink:label="label289" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DeferredTaxAssetsLiabilitiesNet_en-US">Net deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element289" xlink:to="label289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="element290" />
        <label xlink:type="resource" xlink:label="label290" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsLiabilitiesNet_en-US">Net deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element290" xlink:to="label290" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="element291" />
        <label xlink:type="resource" xlink:label="label291" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsDerivativeInstruments_en-US">Net losses on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element291" xlink:to="label291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="element292" />
        <label xlink:type="resource" xlink:label="label292" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsGrossAbstract_en-US">Deferred tax assets [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element292" xlink:to="label292" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="element293" />
        <label xlink:type="resource" xlink:label="label293" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredRevenueArrangementTypeAxis_en-US">Deferred Revenue Arrangement Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element293" xlink:to="label293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="element294" />
        <label xlink:type="resource" xlink:label="label294" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_en-US">Deferred Tax Assets Capital Loss Carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element294" xlink:to="label294" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="element295" />
        <label xlink:type="resource" xlink:label="label295" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_en-US">Capital loss carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element295" xlink:to="label295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="element296" />
        <label xlink:type="resource" xlink:label="label296" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsGross_en-US">Total gross deferred tax assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element296" xlink:to="label296" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="element297" />
        <label xlink:type="resource" xlink:label="label297" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DeferredTaxAssetsGross_en-US">Total gross deferred tax assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element297" xlink:to="label297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="element298" />
        <label xlink:type="resource" xlink:label="label298" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsOther_en-US">Deferred tax assets, other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element298" xlink:to="label298" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="element299" />
        <label xlink:type="resource" xlink:label="label299" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element299" xlink:to="label299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="element300" />
        <label xlink:type="resource" xlink:label="label300" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_en-US">Deferred Tax Assets Tax Credit Carryforwards Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element300" xlink:to="label300" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="element301" />
        <label xlink:type="resource" xlink:label="label301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_en-US">Minimum tax credit carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element301" xlink:to="label301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="element302" />
        <label xlink:type="resource" xlink:label="label302" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsNet_en-US">Deferred Tax Assets Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element302" xlink:to="label302" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="element303" />
        <label xlink:type="resource" xlink:label="label303" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsNet_en-US">Deferred income taxes, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element303" xlink:to="label303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="element304" />
        <label xlink:type="resource" xlink:label="label304" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DeferredTaxAssetsNet_en-US">Net deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element304" xlink:to="label304" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="element305" />
        <label xlink:type="resource" xlink:label="label305" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_en-US">Net unrealized losses in accumulated other comprehensive income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element305" xlink:to="label305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="element306" />
        <label xlink:type="resource" xlink:label="label306" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_en-US">Compensation and employee benefits</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element306" xlink:to="label306" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="element307" />
        <label xlink:type="resource" xlink:label="label307" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_en-US">Alternative minimum tax credit carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element307" xlink:to="label307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" xlink:label="element308" />
        <label xlink:type="resource" xlink:label="label308" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element308" xlink:to="label308" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="element309" />
        <label xlink:type="resource" xlink:label="label309" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsValuationAllowance_en-US">Valuation allowance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element309" xlink:to="label309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="element310" />
        <label xlink:type="resource" xlink:label="label310" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsValuationAllowance_en-US">Valuation allowance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element310" xlink:to="label310" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="element311" />
        <label xlink:type="resource" xlink:label="label311" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesOther_en-US">Deferred tax liabilities, other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element311" xlink:to="label311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="element312" />
        <label xlink:type="resource" xlink:label="label312" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element312" xlink:to="label312" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="element313" />
        <label xlink:type="resource" xlink:label="label313" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_en-US">Deferred Tax Liabilities Investment In Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element313" xlink:to="label313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="element314" />
        <label xlink:type="resource" xlink:label="label314" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_en-US">Investments in VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element314" xlink:to="label314" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="element315" />
        <label xlink:type="resource" xlink:label="label315" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_en-US">Net unrealized gains in accumulated other comprehensive income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element315" xlink:to="label315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="element316" />
        <label xlink:type="resource" xlink:label="label316" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilities_en-US">DeferredTaxLiabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element316" xlink:to="label316" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="element317" />
        <label xlink:type="resource" xlink:label="label317" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilities_en-US">Gross deferred tax liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element317" xlink:to="label317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="element318" />
        <label xlink:type="resource" xlink:label="label318" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DeferredTaxLiabilities_en-US">Non U.S. deferred tax liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element318" xlink:to="label318" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="element319" />
        <label xlink:type="resource" xlink:label="label319" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_en-US">Deferred Tax Assets Loss Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element319" xlink:to="label319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="element320" />
        <label xlink:type="resource" xlink:label="label320" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element320" xlink:to="label320" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="element321" />
        <label xlink:type="resource" xlink:label="label321" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesAbstract_en-US">Deferred tax liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element321" xlink:to="label321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="element322" />
        <label xlink:type="resource" xlink:label="label322" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_en-US">DeferredTaxLiabilitiesUndistributedForeignEarnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element322" xlink:to="label322" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="element323" />
        <label xlink:type="resource" xlink:label="label323" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_en-US">Basis difference in foreign subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element323" xlink:to="label323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="element324" />
        <label xlink:type="resource" xlink:label="label324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_en-US">Contribution percentage of eligible employees compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element324" xlink:to="label324" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="element325" />
        <label xlink:type="resource" xlink:label="label325" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_en-US">Contributions percentage of employer match</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element325" xlink:to="label325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="element326" />
        <label xlink:type="resource" xlink:label="label326" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedBenefitPlanDisclosureLineItems_en-US">Defined Benefit Plan Disclosure [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element326" xlink:to="label326" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPensionMember" xlink:label="element327" />
        <label xlink:type="resource" xlink:label="label327" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedContributionPensionMember_en-US">Defined contribution pension [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element327" xlink:to="label327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="element328" />
        <label xlink:type="resource" xlink:label="label328" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeCollateralRightToReclaimSecurities_en-US">DerivativeCollateralRightToReclaimSecurities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element328" xlink:to="label328" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="element329" />
        <label xlink:type="resource" xlink:label="label329" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeCollateralRightToReclaimSecurities_en-US">Securities posted as collateral to derivative counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element329" xlink:to="label329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="element330" />
        <label xlink:type="resource" xlink:label="label330" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeLiabilities_en-US">Derivative Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element330" xlink:to="label330" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="element331" />
        <label xlink:type="resource" xlink:label="label331" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeLiabilities_en-US">Derivative liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element331" xlink:to="label331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLowerRemainingMaturityRange1" xlink:label="element332" />
        <label xlink:type="resource" xlink:label="label332" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeLowerRemainingMaturityRange1_en-US">Guarantees of derivative contracts, maturity range, minimum (Years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element332" xlink:to="label332" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="element333" />
        <label xlink:type="resource" xlink:label="label333" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeCollateralRightToReclaimCash_en-US">Derivative Collateral Right To Reclaim Cash</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element333" xlink:to="label333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="element334" />
        <label xlink:type="resource" xlink:label="label334" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeCollateralRightToReclaimCash_en-US">Cash collateral posted to derivative counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element334" xlink:to="label334" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="element335" />
        <label xlink:type="resource" xlink:label="label335" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeLineItems_en-US">Derivative [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element335" xlink:to="label335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="element336" />
        <label xlink:type="resource" xlink:label="label336" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeLineItems_en-US">Derivative [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element336" xlink:to="label336" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="element337" />
        <label xlink:type="resource" xlink:label="label337" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_en-US">Derivative Assets Liabilities At Fair Value Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element337" xlink:to="label337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="element338" />
        <label xlink:type="resource" xlink:label="label338" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_en-US">Net insured derivative liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element338" xlink:to="label338" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="element339" />
        <label xlink:type="resource" xlink:label="label339" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeInstrumentRiskAxis_en-US">Derivative Instrument Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element339" xlink:to="label339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="element340" />
        <label xlink:type="resource" xlink:label="label340" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeInstrumentRiskAxis_en-US">Derivative Instrument Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element340" xlink:to="label340" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeHigherRemainingMaturityRange1" xlink:label="element341" />
        <label xlink:type="resource" xlink:label="label341" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeHigherRemainingMaturityRange1_en-US">Guarantees of derivative contracts, maturity range, maximum (Years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element341" xlink:to="label341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="element342" />
        <label xlink:type="resource" xlink:label="label342" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeTable_en-US">Derivative [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element342" xlink:to="label342" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="element343" />
        <label xlink:type="resource" xlink:label="label343" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeTable_en-US">Derivative [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element343" xlink:to="label343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="element344" />
        <label xlink:type="resource" xlink:label="label344" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_en-US">Derivative Instruments And Hedging Activities Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element344" xlink:to="label344" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="element345" />
        <label xlink:type="resource" xlink:label="label345" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_en-US">Derivative Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element345" xlink:to="label345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element346" />
        <label xlink:type="resource" xlink:label="label346" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Derivative Fair Value Of Derivative Asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element346" xlink:to="label346" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element347" />
        <label xlink:type="resource" xlink:label="label347" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Derivative assets, Total derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element347" xlink:to="label347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element348" />
        <label xlink:type="resource" xlink:label="label348" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Embedded derivative assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element348" xlink:to="label348" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element349" />
        <label xlink:type="resource" xlink:label="label349" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Derivative assets, Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element349" xlink:to="label349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element350" />
        <label xlink:type="resource" xlink:label="label350" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Derivative Fair Value Of Derivative Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element350" xlink:to="label350" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element351" />
        <label xlink:type="resource" xlink:label="label351" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Total derivative liability before counter party netting and embedded reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element351" xlink:to="label351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element352" />
        <label xlink:type="resource" xlink:label="label352" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Derivative liabilities, Total derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element352" xlink:to="label352" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element353" />
        <label xlink:type="resource" xlink:label="label353" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Total derivative liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element353" xlink:to="label353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="element354" />
        <label xlink:type="resource" xlink:label="label354" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeByNatureAxis_en-US">Derivative, by Nature [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element354" xlink:to="label354" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="element355" />
        <label xlink:type="resource" xlink:label="label355" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeGainLossOnDerivativeNet_en-US">DerivativeGainLossOnDerivativeNet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element355" xlink:to="label355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="element356" />
        <label xlink:type="resource" xlink:label="label356" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeGainLossOnDerivativeNet_en-US">Net gain/(loss) recognized in income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element356" xlink:to="label356" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="element357" />
        <label xlink:type="resource" xlink:label="label357" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeNameDomain_en-US">Derivative, Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element357" xlink:to="label357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="element358" />
        <label xlink:type="resource" xlink:label="label358" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeContractTypeDomain_en-US">Derivative Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element358" xlink:to="label358" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="element359" />
        <label xlink:type="resource" xlink:label="label359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeContractTypeDomain_en-US">Derivative Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element359" xlink:to="label359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="element360" />
        <label xlink:type="resource" xlink:label="label360" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_en-US">Derivative Instruments Gain Loss By Hedging Relationship [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element360" xlink:to="label360" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="element361" />
        <label xlink:type="resource" xlink:label="label361" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_en-US">Hedging Relationship [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element361" xlink:to="label361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="element362" />
        <label xlink:type="resource" xlink:label="label362" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativesPolicyTextBlock_en-US">Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element362" xlink:to="label362" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:label="element363" />
        <label xlink:type="resource" xlink:label="label363" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativesOffsettingFairValueAmountsPolicy_en-US">Offsetting of Fair Value Amounts Related to Derivative Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element363" xlink:to="label363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted" xlink:label="element364" />
        <label xlink:type="resource" xlink:label="label364" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted_en-US">New Accounting Pronouncements Not Yet Adopted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element364" xlink:to="label364" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectPremiumsWritten" xlink:label="element365" />
        <label xlink:type="resource" xlink:label="label365" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DirectPremiumsWritten_en-US">Direct Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element365" xlink:to="label365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="element366" />
        <label xlink:type="resource" xlink:label="label366" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DirectPremiumsEarned_en-US">Direct</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element366" xlink:to="label366" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="element367" />
        <label xlink:type="resource" xlink:label="label367" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_en-US">Long-Term Incentive Plans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element367" xlink:to="label367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="element368" />
        <label xlink:type="resource" xlink:label="label368" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_en-US">Long-Term Incentive Plans [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element368" xlink:to="label368" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCreditDerivativesTextBlock" xlink:label="element369" />
        <label xlink:type="resource" xlink:label="label369" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisclosureOfCreditDerivativesTextBlock_en-US">Disclosure Of Credit Derivatives [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element369" xlink:to="label369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCreditDerivativesTextBlock" xlink:label="element370" />
        <label xlink:type="resource" xlink:label="label370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DisclosureOfCreditDerivativesTextBlock_en-US">Credit Derivatives Sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element370" xlink:to="label370" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement" xlink:label="element371" />
        <label xlink:type="resource" xlink:label="label371" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_en-US">Fair Value Hedge Effectiveness Assessment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element371" xlink:to="label371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalDate1" xlink:label="element372" />
        <label xlink:type="resource" xlink:label="label372" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisposalDate1_en-US">DisposalDate1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element372" xlink:to="label372" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalDate1" xlink:label="element373" />
        <label xlink:type="resource" xlink:label="label373" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DisposalDate1_en-US">Cutwater sale effective date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element373" xlink:to="label373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="element374" />
        <label xlink:type="resource" xlink:label="label374" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExternalCreditRatingByGroupingAxis_en-US">External Credit Rating By Grouping [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element374" xlink:to="label374" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="element375" />
        <label xlink:type="resource" xlink:label="label375" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExternalCreditRatingByGroupingDomain_en-US">Externa Credit Rating By Grouping [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element375" xlink:to="label375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="element376" />
        <label xlink:type="resource" xlink:label="label376" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExternalCreditRatingMoodysMember_en-US">External Credit Rating Moodys [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element376" xlink:to="label376" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="element377" />
        <label xlink:type="resource" xlink:label="label377" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExternalCreditRatingStandardPoorsMember_en-US">External Credit Rating Standard And Poors [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element377" xlink:to="label377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="element378" />
        <label xlink:type="resource" xlink:label="label378" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareBasicAbstract_en-US">Basic earnings per share: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element378" xlink:to="label378" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="element379" />
        <label xlink:type="resource" xlink:label="label379" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareDilutedAbstract_en-US">Diluted earnings per share: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element379" xlink:to="label379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="element380" />
        <label xlink:type="resource" xlink:label="label380" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareTextBlock_en-US">Earnings Per Share [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element380" xlink:to="label380" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="element381" />
        <label xlink:type="resource" xlink:label="label381" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareTextBlock_en-US">Earnings Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element381" xlink:to="label381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="element382" />
        <label xlink:type="resource" xlink:label="label382" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareBasic_en-US">Earnings Per Share Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element382" xlink:to="label382" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="element383" />
        <label xlink:type="resource" xlink:label="label383" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareBasic_en-US">Net income (loss) per basic common share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element383" xlink:to="label383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="element384" />
        <label xlink:type="resource" xlink:label="label384" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareDiluted_en-US">Earnings Per Share Diluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element384" xlink:to="label384" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="element385" />
        <label xlink:type="resource" xlink:label="label385" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareDiluted_en-US">Net income (loss) per diluted common share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element385" xlink:to="label385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="element386" />
        <label xlink:type="resource" xlink:label="label386" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareAbstract_en-US">Earnings Per Share [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element386" xlink:to="label386" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="element387" />
        <label xlink:type="resource" xlink:label="label387" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareAbstract_en-US">Net income (loss) per common share:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element387" xlink:to="label387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="element388" />
        <label xlink:type="resource" xlink:label="label388" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_en-US">EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element388" xlink:to="label388" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="element389" />
        <label xlink:type="resource" xlink:label="label389" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_en-US">Effect of exchange rate changes on cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element389" xlink:to="label389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="element390" />
        <label xlink:type="resource" xlink:label="label390" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateContinuingOperations_en-US">Effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element390" xlink:to="label390" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="element391" />
        <label xlink:type="resource" xlink:label="label391" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_EffectiveIncomeTaxRateContinuingOperations_en-US">Effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element391" xlink:to="label391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="element392" />
        <label xlink:type="resource" xlink:label="label392" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_en-US">Effective income tax rate continuing operations tax rate reconciliation [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element392" xlink:to="label392" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="element393" />
        <label xlink:type="resource" xlink:label="label393" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_en-US">State income tax, net of federal benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element393" xlink:to="label393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="element394" />
        <label xlink:type="resource" xlink:label="label394" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element394" xlink:to="label394" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="element395" />
        <label xlink:type="resource" xlink:label="label395" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_en-US">Change in valuation allowance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element395" xlink:to="label395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" xlink:label="element396" />
        <label xlink:type="resource" xlink:label="label396" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_en-US">Out-of-period adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element396" xlink:to="label396" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="element397" />
        <label xlink:type="resource" xlink:label="label397" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_en-US">Federal income tax computed at the statutory rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element397" xlink:to="label397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="element398" />
        <label xlink:type="resource" xlink:label="label398" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_en-US">Federal statutory rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element398" xlink:to="label398" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="element399" />
        <label xlink:type="resource" xlink:label="label399" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_en-US">Foreign taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element399" xlink:to="label399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="element400" />
        <label xlink:type="resource" xlink:label="label400" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_en-US">Effective Income Tax Rate Reconciliation Tax Contingencies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element400" xlink:to="label400" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="element401" />
        <label xlink:type="resource" xlink:label="label401" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_en-US">Effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element401" xlink:to="label401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="element402" />
        <label xlink:type="resource" xlink:label="label402" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_en-US">Basis difference in foreign subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element402" xlink:to="label402" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="element403" />
        <label xlink:type="resource" xlink:label="label403" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_en-US">Tax-exempt interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element403" xlink:to="label403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="element404" />
        <label xlink:type="resource" xlink:label="label404" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeStockOptionMember_en-US">Employee Stock Option [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element404" xlink:to="label404" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="element405" />
        <label xlink:type="resource" xlink:label="label405" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_en-US">Tax benefit related to restricted share awards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element405" xlink:to="label405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="element406" />
        <label xlink:type="resource" xlink:label="label406" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_en-US">Unrecognized compensation cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element406" xlink:to="label406" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="element407" />
        <label xlink:type="resource" xlink:label="label407" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_en-US">Expected to be recognized as expense over a weighted average period, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element407" xlink:to="label407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="element408" />
        <label xlink:type="resource" xlink:label="label408" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EquityComponentDomain_en-US">Equity Component [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element408" xlink:to="label408" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="element409" />
        <label xlink:type="resource" xlink:label="label409" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EquityComponentDomain_en-US">Equity Component [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element409" xlink:to="label409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="element410" />
        <label xlink:type="resource" xlink:label="label410" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EquitySecuritiesMember_en-US">Equity Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element410" xlink:to="label410" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="element411" />
        <label xlink:type="resource" xlink:label="label411" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EstimateOfFairValueFairValueDisclosureMember_en-US">Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element411" xlink:to="label411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element412" />
        <label xlink:type="resource" xlink:label="label412" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EstimatedInsuranceRecoveries_en-US">Estimated Insurance Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element412" xlink:to="label412" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element413" />
        <label xlink:type="resource" xlink:label="label413" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_EstimatedInsuranceRecoveries_en-US">Total Estimated Recoveries from Ineligible Loans Ending Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element413" xlink:to="label413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element414" />
        <label xlink:type="resource" xlink:label="label414" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_EstimatedInsuranceRecoveries_en-US">Total Estimated Recoveries from Ineligible Loans Beginning Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element414" xlink:to="label414" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element415" />
        <label xlink:type="resource" xlink:label="label415" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EstimatedInsuranceRecoveries_en-US">Insurance claim loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element415" xlink:to="label415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element416" />
        <label xlink:type="resource" xlink:label="label416" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_EstimatedInsuranceRecoveries_en-US">Insurance claim loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element416" xlink:to="label416" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element417" />
        <label xlink:type="resource" xlink:label="label417" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_EstimatedInsuranceRecoveries_en-US">Total excess spread recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element417" xlink:to="label417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="element418" />
        <label xlink:type="resource" xlink:label="label418" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExtinguishmentOfDebtTypeDomain_en-US">Extinguishment Of Debt Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element418" xlink:to="label418" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="element419" />
        <label xlink:type="resource" xlink:label="label419" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExtinguishmentOfDebtAxis_en-US">Extinguishment Of Debt [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element419" xlink:to="label419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAmount" xlink:label="element420" />
        <label xlink:type="resource" xlink:label="label420" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExtinguishmentOfDebtAmount_en-US">Extinguishment Of Debt Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element420" xlink:to="label420" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAmount" xlink:label="element421" />
        <label xlink:type="resource" xlink:label="label421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ExtinguishmentOfDebtAmount_en-US">Retired medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element421" xlink:to="label421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="element422" />
        <label xlink:type="resource" xlink:label="label422" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExtinguishmentOfDebtLineItems_en-US">Extinguishment Of Debt [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element422" xlink:to="label422" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element423" />
        <label xlink:type="resource" xlink:label="label423" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element423" xlink:to="label423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element424" />
        <label xlink:type="resource" xlink:label="label424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Unrealized gains/(losses included in earnings, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element424" xlink:to="label424" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="element425" />
        <label xlink:type="resource" xlink:label="label425" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_en-US">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element425" xlink:to="label425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="element426" />
        <label xlink:type="resource" xlink:label="label426" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element426" xlink:to="label426" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="element427" />
        <label xlink:type="resource" xlink:label="label427" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_en-US">FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element427" xlink:to="label427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="element428" />
        <label xlink:type="resource" xlink:label="label428" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element428" xlink:to="label428" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="element429" />
        <label xlink:type="resource" xlink:label="label429" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueByFairValueHierarchyLevelAxis_en-US">Fair Value By Fair Value Hierarchy Level [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element429" xlink:to="label429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="element430" />
        <label xlink:type="resource" xlink:label="label430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueByFairValueHierarchyLevelAxis_en-US">Fair Value, Hierarchy [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element430" xlink:to="label430" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="element431" />
        <label xlink:type="resource" xlink:label="label431" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueByLiabilityClassAxis_en-US">Fair Value By Liability Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element431" xlink:to="label431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="element432" />
        <label xlink:type="resource" xlink:label="label432" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueByLiabilityClassAxis_en-US">Liability Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element432" xlink:to="label432" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element433" />
        <label xlink:type="resource" xlink:label="label433" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element433" xlink:to="label433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element434" />
        <label xlink:type="resource" xlink:label="label434" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Unrealized gains/(losses) included in earnings, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element434" xlink:to="label434" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element435" />
        <label xlink:type="resource" xlink:label="label435" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Realized Gains / (Losses), Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element435" xlink:to="label435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="element436" />
        <label xlink:type="resource" xlink:label="label436" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element436" xlink:to="label436" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="element437" />
        <label xlink:type="resource" xlink:label="label437" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_en-US">Transfers out of Level 3, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element437" xlink:to="label437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="element438" />
        <label xlink:type="resource" xlink:label="label438" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element438" xlink:to="label438" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="element439" />
        <label xlink:type="resource" xlink:label="label439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_en-US">Transfers into level 3, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element439" xlink:to="label439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="element440" />
        <label xlink:type="resource" xlink:label="label440" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element440" xlink:to="label440" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="element441" />
        <label xlink:type="resource" xlink:label="label441" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_en-US">Settlements, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element441" xlink:to="label441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="element442" />
        <label xlink:type="resource" xlink:label="label442" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element442" xlink:to="label442" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="element443" />
        <label xlink:type="resource" xlink:label="label443" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_en-US">Issuances, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element443" xlink:to="label443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="element444" />
        <label xlink:type="resource" xlink:label="label444" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element444" xlink:to="label444" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="element445" />
        <label xlink:type="resource" xlink:label="label445" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_en-US">Transfers out of level 3, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element445" xlink:to="label445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="element446" />
        <label xlink:type="resource" xlink:label="label446" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element446" xlink:to="label446" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="element447" />
        <label xlink:type="resource" xlink:label="label447" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_en-US">Settlements, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element447" xlink:to="label447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="element448" />
        <label xlink:type="resource" xlink:label="label448" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element448" xlink:to="label448" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="element449" />
        <label xlink:type="resource" xlink:label="label449" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_en-US">Sales, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element449" xlink:to="label449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="element450" />
        <label xlink:type="resource" xlink:label="label450" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_en-US">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element450" xlink:to="label450" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="element451" />
        <label xlink:type="resource" xlink:label="label451" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_en-US">Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element451" xlink:to="label451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="element452" />
        <label xlink:type="resource" xlink:label="label452" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_en-US">Fair Value Measurements - Definition and Hierarchy</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element452" xlink:to="label452" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="element453" />
        <label xlink:type="resource" xlink:label="label453" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAdjustmentOfWarrants_en-US">Less: mark-to-market gain (loss) on warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element453" xlink:to="label453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="element454" />
        <label xlink:type="resource" xlink:label="label454" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_en-US">Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation By Liability Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element454" xlink:to="label454" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="element455" />
        <label xlink:type="resource" xlink:label="label455" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_en-US">Fair Value by Liability Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element455" xlink:to="label455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="element456" />
        <label xlink:type="resource" xlink:label="label456" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element456" xlink:to="label456" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="element457" />
        <label xlink:type="resource" xlink:label="label457" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_en-US">Transfers into Level 3, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element457" xlink:to="label457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="element458" />
        <label xlink:type="resource" xlink:label="label458" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element458" xlink:to="label458" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="element459" />
        <label xlink:type="resource" xlink:label="label459" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_en-US">Purchases, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element459" xlink:to="label459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="element460" />
        <label xlink:type="resource" xlink:label="label460" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_en-US">Fair Value Option Loans Held As Assets 90 Days Or More Past Due Aggregate Difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element460" xlink:to="label460" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="element461" />
        <label xlink:type="resource" xlink:label="label461" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_en-US">Loans receivable, 90 days or more past due, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element461" xlink:to="label461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="element462" />
        <label xlink:type="resource" xlink:label="label462" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueByMeasurementBasisAxis_en-US">Fair Value By Measurement Basis [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element462" xlink:to="label462" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="element463" />
        <label xlink:type="resource" xlink:label="label463" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings 1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element463" xlink:to="label463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="element464" />
        <label xlink:type="resource" xlink:label="label464" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_en-US">Realized Gains / (Losses), Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element464" xlink:to="label464" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="element465" />
        <label xlink:type="resource" xlink:label="label465" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_en-US">Realized gains/(losses), assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element465" xlink:to="label465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="element466" />
        <label xlink:type="resource" xlink:label="label466" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_en-US">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element466" xlink:to="label466" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="element467" />
        <label xlink:type="resource" xlink:label="label467" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element467" xlink:to="label467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="element468" />
        <label xlink:type="resource" xlink:label="label468" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element468" xlink:to="label468" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="element469" />
        <label xlink:type="resource" xlink:label="label469" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_en-US">Issuances, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element469" xlink:to="label469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element470" />
        <label xlink:type="resource" xlink:label="label470" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element470" xlink:to="label470" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element471" />
        <label xlink:type="resource" xlink:label="label471" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Ending balance, fair value liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element471" xlink:to="label471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element472" />
        <label xlink:type="resource" xlink:label="label472" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Beginning balance, fair value liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element472" xlink:to="label472" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element473" />
        <label xlink:type="resource" xlink:label="label473" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Fair value, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element473" xlink:to="label473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="element474" />
        <label xlink:type="resource" xlink:label="label474" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_en-US">FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element474" xlink:to="label474" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="element475" />
        <label xlink:type="resource" xlink:label="label475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_en-US">Company's Assets And Liabilities Measured At Fair Value On Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element475" xlink:to="label475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="element476" />
        <label xlink:type="resource" xlink:label="label476" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element476" xlink:to="label476" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="element477" />
        <label xlink:type="resource" xlink:label="label477" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_en-US">Unrealized Gains / (Losses) Included in OCI, Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element477" xlink:to="label477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="element478" />
        <label xlink:type="resource" xlink:label="label478" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_en-US">Unrealized gains/(losses) included in OCI, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element478" xlink:to="label478" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="element479" />
        <label xlink:type="resource" xlink:label="label479" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element479" xlink:to="label479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="element480" />
        <label xlink:type="resource" xlink:label="label480" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_en-US">Purchases, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element480" xlink:to="label480" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="element481" />
        <label xlink:type="resource" xlink:label="label481" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element481" xlink:to="label481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="element482" />
        <label xlink:type="resource" xlink:label="label482" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_en-US">Sales, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element482" xlink:to="label482" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="element483" />
        <label xlink:type="resource" xlink:label="label483" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_en-US">Fair Value Measurements Fair Value Hierarchy [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element483" xlink:to="label483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="element484" />
        <label xlink:type="resource" xlink:label="label484" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_en-US">Fair Value, Measurements, Fair Value Hierarchy [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element484" xlink:to="label484" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="element485" />
        <label xlink:type="resource" xlink:label="label485" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueDisclosuresTextBlock_en-US">Fair Value Disclosures [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element485" xlink:to="label485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="element486" />
        <label xlink:type="resource" xlink:label="label486" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueDisclosuresTextBlock_en-US">Fair Value Measurement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element486" xlink:to="label486" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="element487" />
        <label xlink:type="resource" xlink:label="label487" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_en-US">Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element487" xlink:to="label487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="element488" />
        <label xlink:type="resource" xlink:label="label488" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_en-US">Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element488" xlink:to="label488" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="element489" />
        <label xlink:type="resource" xlink:label="label489" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_en-US">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element489" xlink:to="label489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="element490" />
        <label xlink:type="resource" xlink:label="label490" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_en-US">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element490" xlink:to="label490" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="element491" />
        <label xlink:type="resource" xlink:label="label491" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_en-US">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element491" xlink:to="label491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="element492" />
        <label xlink:type="resource" xlink:label="label492" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_en-US">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element492" xlink:to="label492" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="element493" />
        <label xlink:type="resource" xlink:label="label493" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_en-US">Fair Value Concentration Of Risk Disclosure Items [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element493" xlink:to="label493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="element494" />
        <label xlink:type="resource" xlink:label="label494" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_en-US">Fair Value, Concentration of Risk, Disclosure Items [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element494" xlink:to="label494" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="element495" />
        <label xlink:type="resource" xlink:label="label495" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueDisclosureItemAmountsDomain_en-US">Fair Value Disclosure Item Amounts [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element495" xlink:to="label495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="element496" />
        <label xlink:type="resource" xlink:label="label496" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueDisclosureItemAmountsDomain_en-US">Fair Value, Disclosure Item Amounts [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element496" xlink:to="label496" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element497" />
        <label xlink:type="resource" xlink:label="label497" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element497" xlink:to="label497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element498" />
        <label xlink:type="resource" xlink:label="label498" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">Changes In Level 3 Assets Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element498" xlink:to="label498" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="element499" />
        <label xlink:type="resource" xlink:label="label499" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_en-US">Fair Value Concentration Of Risk Disclosure Items [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element499" xlink:to="label499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="element500" />
        <label xlink:type="resource" xlink:label="label500" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_en-US">Concentration of Credit or Market Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element500" xlink:to="label500" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element501" />
        <label xlink:type="resource" xlink:label="label501" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element501" xlink:to="label501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element502" />
        <label xlink:type="resource" xlink:label="label502" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">Changes In Level 3 Liabilities Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element502" xlink:to="label502" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="element503" />
        <label xlink:type="resource" xlink:label="label503" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueInputsLevel3Member_en-US">Fair Value Inputs Level 3 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element503" xlink:to="label503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="element504" />
        <label xlink:type="resource" xlink:label="label504" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueInputsLevel3Member_en-US">Significant Unobservable Inputs (Level 3) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element504" xlink:to="label504" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="element505" />
        <label xlink:type="resource" xlink:label="label505" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_en-US">Fair Value Measurement Inputs Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element505" xlink:to="label505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="element506" />
        <label xlink:type="resource" xlink:label="label506" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_en-US">OLD Company's Assets And Liabilities Measured At Fair Value On Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element506" xlink:to="label506" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="element507" />
        <label xlink:type="resource" xlink:label="label507" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element507" xlink:to="label507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="element508" />
        <label xlink:type="resource" xlink:label="label508" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_en-US">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element508" xlink:to="label508" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element509" />
        <label xlink:type="resource" xlink:label="label509" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element509" xlink:to="label509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element510" />
        <label xlink:type="resource" xlink:label="label510" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Ending balance, fair value assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element510" xlink:to="label510" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element511" />
        <label xlink:type="resource" xlink:label="label511" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Beginning balance, fair value assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element511" xlink:to="label511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element512" />
        <label xlink:type="resource" xlink:label="label512" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Fair Value, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element512" xlink:to="label512" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="element513" />
        <label xlink:type="resource" xlink:label="label513" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueInputsLevel1Member_en-US">Fair Value Inputs Level 1 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element513" xlink:to="label513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="element514" />
        <label xlink:type="resource" xlink:label="label514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueInputsLevel1Member_en-US">Quoted Prices In Active Markets for Identical Assets (Level 1) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element514" xlink:to="label514" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="element515" />
        <label xlink:type="resource" xlink:label="label515" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueInputsLevel2Member_en-US">Fair Value Inputs Level 2 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element515" xlink:to="label515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="element516" />
        <label xlink:type="resource" xlink:label="label516" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueInputsLevel2Member_en-US">Significant Other Observable Inputs (Level 2) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element516" xlink:to="label516" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="element517" />
        <label xlink:type="resource" xlink:label="label517" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_en-US">Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element517" xlink:to="label517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="element518" />
        <label xlink:type="resource" xlink:label="label518" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_en-US">Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element518" xlink:to="label518" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="element519" />
        <label xlink:type="resource" xlink:label="label519" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_en-US">Fair Value Option Aggregate Differences Loans And Long Term Receivables</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element519" xlink:to="label519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="element520" />
        <label xlink:type="resource" xlink:label="label520" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_en-US">Loans receivable, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element520" xlink:to="label520" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="element521" />
        <label xlink:type="resource" xlink:label="label521" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element521" xlink:to="label521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="element522" />
        <label xlink:type="resource" xlink:label="label522" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_en-US">Realized gains/(losses), liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element522" xlink:to="label522" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="element523" />
        <label xlink:type="resource" xlink:label="label523" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element523" xlink:to="label523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="element524" />
        <label xlink:type="resource" xlink:label="label524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_en-US">Unrealized gains/(losses) included in OCI, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element524" xlink:to="label524" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="element525" />
        <label xlink:type="resource" xlink:label="label525" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_en-US">Fair Value Option Aggregate Differences Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element525" xlink:to="label525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="element526" />
        <label xlink:type="resource" xlink:label="label526" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_en-US">Variable interest entity notes, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element526" xlink:to="label526" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="element527" />
        <label xlink:type="resource" xlink:label="label527" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element527" xlink:to="label527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="element528" />
        <label xlink:type="resource" xlink:label="label528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_en-US">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element528" xlink:to="label528" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock" xlink:label="element529" />
        <label xlink:type="resource" xlink:label="label529" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_en-US">FairValueOptionQuantitativeDisclosuresTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element529" xlink:to="label529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock" xlink:label="element530" />
        <label xlink:type="resource" xlink:label="label530" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_en-US">Changes In Fair Value Included In The Company's Consolidated Statements Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element530" xlink:to="label530" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="element531" />
        <label xlink:type="resource" xlink:label="label531" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_en-US">Fair Value Option Loans Held As Assets 90 Days Or More Past Due</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element531" xlink:to="label531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="element532" />
        <label xlink:type="resource" xlink:label="label532" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_en-US">Loans receivable, 90 days or more past due, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element532" xlink:to="label532" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="element533" />
        <label xlink:type="resource" xlink:label="label533" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_en-US">Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element533" xlink:to="label533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="element534" />
        <label xlink:type="resource" xlink:label="label534" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_en-US">Loans receivable, 90 days or more past due, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element534" xlink:to="label534" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="element535" />
        <label xlink:type="resource" xlink:label="label535" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueHedgingMember_en-US">Fair Value Hedging [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element535" xlink:to="label535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="element536" />
        <label xlink:type="resource" xlink:label="label536" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueHedgingMember_en-US">Fair Value Hedging [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element536" xlink:to="label536" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="element537" />
        <label xlink:type="resource" xlink:label="label537" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FeesAndCommissionsOther_en-US">Ceding commissions from reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element537" xlink:to="label537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceSegmentMember" xlink:label="element538" />
        <label xlink:type="resource" xlink:label="label538" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceSegmentMember_en-US">Financial Guarantee Insurance Segment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element538" xlink:to="label538" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" xlink:label="element539" />
        <label xlink:type="resource" xlink:label="label539" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_en-US">Three months ended, June 30, 2015, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element539" xlink:to="label539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" xlink:label="element540" />
        <label xlink:type="resource" xlink:label="label540" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_en-US">Weighted average risk-free rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element540" xlink:to="label540" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsTextBlock" xlink:label="element541" />
        <label xlink:type="resource" xlink:label="label541" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_en-US">Financial Guarantee Insurance Contracts [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element541" xlink:to="label541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsTextBlock" xlink:label="element542" />
        <label xlink:type="resource" xlink:label="label542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_en-US">Insurance Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element542" xlink:to="label542" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten" xlink:label="element543" />
        <label xlink:type="resource" xlink:label="label543" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten_en-US">Premiums from New Business Written</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element543" xlink:to="label543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="element544" />
        <label xlink:type="resource" xlink:label="label544" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2018, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element544" xlink:to="label544" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeMember" xlink:label="element545" />
        <label xlink:type="resource" xlink:label="label545" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeMember_en-US">Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element545" xlink:to="label545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeMember" xlink:label="element546" />
        <label xlink:type="resource" xlink:label="label546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeMember_en-US">Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element546" xlink:to="label546" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived" xlink:label="element547" />
        <label xlink:type="resource" xlink:label="label547" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived_en-US">Premium Payments Received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element547" xlink:to="label547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="element548" />
        <label xlink:type="resource" xlink:label="label548" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2019, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element548" xlink:to="label548" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="element549" />
        <label xlink:type="resource" xlink:label="label549" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_en-US">Total, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element549" xlink:to="label549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="element550" />
        <label xlink:type="resource" xlink:label="label550" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_en-US">Total, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element550" xlink:to="label550" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="element551" />
        <label xlink:type="resource" xlink:label="label551" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialInstrumentAxis_en-US">Financial Instrument [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element551" xlink:to="label551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="element552" />
        <label xlink:type="resource" xlink:label="label552" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialInstrumentAxis_en-US">Financial Instrument [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element552" xlink:to="label552" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="element553" />
        <label xlink:type="resource" xlink:label="label553" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2017, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element553" xlink:to="label553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="element554" />
        <label xlink:type="resource" xlink:label="label554" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2016, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element554" xlink:to="label554" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" xlink:label="element555" />
        <label xlink:type="resource" xlink:label="label555" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_en-US">Five years ended, December 31, 2024, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element555" xlink:to="label555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" xlink:label="element556" />
        <label xlink:type="resource" xlink:label="label556" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_en-US">Five years ended, December 31, 2029, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element556" xlink:to="label556" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1" xlink:label="element557" />
        <label xlink:type="resource" xlink:label="label557" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_en-US">Weighted average expected collection term of the premiums receivable, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element557" xlink:to="label557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="element558" />
        <label xlink:type="resource" xlink:label="label558" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_en-US">Three months ended, June 30, 2015, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element558" xlink:to="label558" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="element559" />
        <label xlink:type="resource" xlink:label="label559" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_en-US">Three months ended, December 31, 2015, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element559" xlink:to="label559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="element560" />
        <label xlink:type="resource" xlink:label="label560" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change Accretion Of Discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element560" xlink:to="label560" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="element561" />
        <label xlink:type="resource" xlink:label="label561" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_en-US">Accretion of claim liability discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element561" xlink:to="label561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable" xlink:label="element562" />
        <label xlink:type="resource" xlink:label="label562" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable_en-US">Adjustments, Accretion of Premiums Receivable Discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element562" xlink:to="label562" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="element563" />
        <label xlink:type="resource" xlink:label="label563" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_en-US">Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element563" xlink:to="label563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="element564" />
        <label xlink:type="resource" xlink:label="label564" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_en-US">Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element564" xlink:to="label564" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="element565" />
        <label xlink:type="resource" xlink:label="label565" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_en-US">Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element565" xlink:to="label565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="element566" />
        <label xlink:type="resource" xlink:label="label566" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_en-US">Weighted average risk-free rate used to discount claim liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element566" xlink:to="label566" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="element567" />
        <label xlink:type="resource" xlink:label="label567" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2019, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element567" xlink:to="label567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="element568" />
        <label xlink:type="resource" xlink:label="label568" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2018, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element568" xlink:to="label568" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="element569" />
        <label xlink:type="resource" xlink:label="label569" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_en-US">Three months ended, December 31, 2015, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element569" xlink:to="label569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="element570" />
        <label xlink:type="resource" xlink:label="label570" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_en-US">Three months ended, March 31, 2015, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element570" xlink:to="label570" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="element571" />
        <label xlink:type="resource" xlink:label="label571" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2017, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element571" xlink:to="label571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="element572" />
        <label xlink:type="resource" xlink:label="label572" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_en-US">Three months ended, March 31, 2015, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element572" xlink:to="label572" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="element573" />
        <label xlink:type="resource" xlink:label="label573" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change Effect Of Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element573" xlink:to="label573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="element574" />
        <label xlink:type="resource" xlink:label="label574" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_en-US">Changes in discount rates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element574" xlink:to="label574" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="element575" />
        <label xlink:type="resource" xlink:label="label575" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_en-US">Twelve months ended, December 31, 2016, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element575" xlink:to="label575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments" xlink:label="element576" />
        <label xlink:type="resource" xlink:label="label576" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments_en-US">Adjustments, Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element576" xlink:to="label576" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="element577" />
        <label xlink:type="resource" xlink:label="label577" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_en-US">Three months ended, September 30, 2015, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element577" xlink:to="label577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="element578" />
        <label xlink:type="resource" xlink:label="label578" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_en-US">Three months ended, September 30, 2015, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element578" xlink:to="label578" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract" xlink:label="element579" />
        <label xlink:type="resource" xlink:label="label579" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract_en-US">Adjustments, Changes in Expected Term of Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element579" xlink:to="label579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="element580" />
        <label xlink:type="resource" xlink:label="label580" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FixedMaturitiesMember_en-US">Fixed Maturities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element580" xlink:to="label580" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="element581" />
        <label xlink:type="resource" xlink:label="label581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FixedMaturitiesMember_en-US">Fixed-Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element581" xlink:to="label581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="element582" />
        <label xlink:type="resource" xlink:label="label582" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_en-US">Foreign Currency Translation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element582" xlink:to="label582" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="element583" />
        <label xlink:type="resource" xlink:label="label583" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_en-US">Foreign Exchange And Other Derivative Financial Instruments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element583" xlink:to="label583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="element584" />
        <label xlink:type="resource" xlink:label="label584" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_en-US">Foreign Exchange and Other Derivative Financial Instruments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element584" xlink:to="label584" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="element585" />
        <label xlink:type="resource" xlink:label="label585" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ForeignGovernmentDebtMember_en-US">Foreign Government Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element585" xlink:to="label585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="element586" />
        <label xlink:type="resource" xlink:label="label586" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ForeignGovernmentDebtMember_en-US">Foreign Governments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element586" xlink:to="label586" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="element587" />
        <label xlink:type="resource" xlink:label="label587" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FurnitureAndFixturesMember_en-US">Furniture And Fixtures [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element587" xlink:to="label587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="element588" />
        <label xlink:type="resource" xlink:label="label588" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_en-US">Gain Loss On Derivative Instruments Net Pretax [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element588" xlink:to="label588" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="element589" />
        <label xlink:type="resource" xlink:label="label589" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_en-US">Change in fair value of insured derivatives:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element589" xlink:to="label589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="element590" />
        <label xlink:type="resource" xlink:label="label590" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_en-US">Gain Loss On Derivative Instruments Net Pretax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element590" xlink:to="label590" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="element591" />
        <label xlink:type="resource" xlink:label="label591" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_en-US">Net change in fair value of insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element591" xlink:to="label591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="element592" />
        <label xlink:type="resource" xlink:label="label592" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_en-US">Net change in fair value of insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element592" xlink:to="label592" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="element593" />
        <label xlink:type="resource" xlink:label="label593" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_en-US">Gain Loss On Fair Value Hedges Recognized In Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element593" xlink:to="label593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="element594" />
        <label xlink:type="resource" xlink:label="label594" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_en-US">Gain/(loss) recognized in income on hedged item</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element594" xlink:to="label594" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="element595" />
        <label xlink:type="resource" xlink:label="label595" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainsLossesOnExtinguishmentOfDebt_en-US">Gains Losses On Extinguishment Of Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element595" xlink:to="label595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="element596" />
        <label xlink:type="resource" xlink:label="label596" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainsLossesOnExtinguishmentOfDebt_en-US">Net gains (losses) on extinguishment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element596" xlink:to="label596" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract" xlink:label="element597" />
        <label xlink:type="resource" xlink:label="label597" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_en-US">Pension And Profit Sharing Plans [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element597" xlink:to="label597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="element598" />
        <label xlink:type="resource" xlink:label="label598" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsByNatureAxis_en-US">Guarantor Obligations, Nature [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element598" xlink:to="label598" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="element599" />
        <label xlink:type="resource" xlink:label="label599" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsNatureDomain_en-US">Guarantor Obligations, Nature [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element599" xlink:to="label599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="element600" />
        <label xlink:type="resource" xlink:label="label600" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsLineItems_en-US">Guarantor Obligations [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element600" xlink:to="label600" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="element601" />
        <label xlink:type="resource" xlink:label="label601" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsMaximumExposure_en-US">Guarantee Obligations Maximum Exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element601" xlink:to="label601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="element602" />
        <label xlink:type="resource" xlink:label="label602" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GuaranteeObligationsMaximumExposure_en-US">Insurance par exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element602" xlink:to="label602" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="element603" />
        <label xlink:type="resource" xlink:label="label603" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HedgingDesignationAxis_en-US">Hedging Designation [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element603" xlink:to="label603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="element604" />
        <label xlink:type="resource" xlink:label="label604" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HedgingDesignationDomain_en-US">Hedging Designation [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element604" xlink:to="label604" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="element605" />
        <label xlink:type="resource" xlink:label="label605" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HedgingRelationshipDomain_en-US">Hedging Relationship [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element605" xlink:to="label605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="element606" />
        <label xlink:type="resource" xlink:label="label606" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HedgingRelationshipDomain_en-US">Hedging Relationship [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element606" xlink:to="label606" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="element607" />
        <label xlink:type="resource" xlink:label="label607" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_en-US">Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element607" xlink:to="label607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="element608" />
        <label xlink:type="resource" xlink:label="label608" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element608" xlink:to="label608" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="element609" />
        <label xlink:type="resource" xlink:label="label609" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_en-US">HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element609" xlink:to="label609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="element610" />
        <label xlink:type="resource" xlink:label="label610" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element610" xlink:to="label610" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element611" />
        <label xlink:type="resource" xlink:label="label611" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element611" xlink:to="label611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element612" />
        <label xlink:type="resource" xlink:label="label612" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Less than 12 months, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element612" xlink:to="label612" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element613" />
        <label xlink:type="resource" xlink:label="label613" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element613" xlink:to="label613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element614" />
        <label xlink:type="resource" xlink:label="label614" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">12 months or longer, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element614" xlink:to="label614" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element615" />
        <label xlink:type="resource" xlink:label="label615" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element615" xlink:to="label615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element616" />
        <label xlink:type="resource" xlink:label="label616" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total held-to-maturity, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element616" xlink:to="label616" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element617" />
        <label xlink:type="resource" xlink:label="label617" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element617" xlink:to="label617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element618" />
        <label xlink:type="resource" xlink:label="label618" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element618" xlink:to="label618" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element619" />
        <label xlink:type="resource" xlink:label="label619" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element619" xlink:to="label619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element620" />
        <label xlink:type="resource" xlink:label="label620" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element620" xlink:to="label620" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element621" />
        <label xlink:type="resource" xlink:label="label621" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecurities_en-US">Held-To-Maturity Securities Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element621" xlink:to="label621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element622" />
        <label xlink:type="resource" xlink:label="label622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecurities_en-US">Investments held-to-maturity, at amortized cost (fair value $2,632 and $2,651)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element622" xlink:to="label622" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element623" />
        <label xlink:type="resource" xlink:label="label623" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_HeldToMaturitySecurities_en-US">Amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element623" xlink:to="label623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element624" />
        <label xlink:type="resource" xlink:label="label624" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_HeldToMaturitySecurities_en-US">Total Held-To-Maturity, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element624" xlink:to="label624" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="element625" />
        <label xlink:type="resource" xlink:label="label625" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_en-US">Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element625" xlink:to="label625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="element626" />
        <label xlink:type="resource" xlink:label="label626" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element626" xlink:to="label626" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element627" />
        <label xlink:type="resource" xlink:label="label627" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element627" xlink:to="label627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element628" />
        <label xlink:type="resource" xlink:label="label628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element628" xlink:to="label628" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="element629" />
        <label xlink:type="resource" xlink:label="label629" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element629" xlink:to="label629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="element630" />
        <label xlink:type="resource" xlink:label="label630" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element630" xlink:to="label630" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="element631" />
        <label xlink:type="resource" xlink:label="label631" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_en-US">Held To Maturity Securities Unclassified [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element631" xlink:to="label631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="element632" />
        <label xlink:type="resource" xlink:label="label632" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_en-US">Held To Maturity Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element632" xlink:to="label632" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="element633" />
        <label xlink:type="resource" xlink:label="label633" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_en-US">HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element633" xlink:to="label633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="element634" />
        <label xlink:type="resource" xlink:label="label634" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element634" xlink:to="label634" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="element635" />
        <label xlink:type="resource" xlink:label="label635" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_en-US">Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element635" xlink:to="label635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="element636" />
        <label xlink:type="resource" xlink:label="label636" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element636" xlink:to="label636" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element637" />
        <label xlink:type="resource" xlink:label="label637" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element637" xlink:to="label637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element638" />
        <label xlink:type="resource" xlink:label="label638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element638" xlink:to="label638" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element639" />
        <label xlink:type="resource" xlink:label="label639" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Held-To-Maturity Securities Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element639" xlink:to="label639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element640" />
        <label xlink:type="resource" xlink:label="label640" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Investments held-to-maturity, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element640" xlink:to="label640" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element641" />
        <label xlink:type="resource" xlink:label="label641" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Total held-to-maturity investments, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element641" xlink:to="label641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element642" />
        <label xlink:type="resource" xlink:label="label642" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Total Held-To-Maturity, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element642" xlink:to="label642" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="element643" />
        <label xlink:type="resource" xlink:label="label643" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_en-US">HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element643" xlink:to="label643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="element644" />
        <label xlink:type="resource" xlink:label="label644" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_en-US">Number of Held-To-Maturity Securities in unrealized loss position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element644" xlink:to="label644" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="element645" />
        <label xlink:type="resource" xlink:label="label645" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldtomaturitySecuritiesMember_en-US">Heldtomaturity Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element645" xlink:to="label645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="element646" />
        <label xlink:type="resource" xlink:label="label646" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldtomaturitySecuritiesMember_en-US">Held-To-Maturity [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element646" xlink:to="label646" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="element647" />
        <label xlink:type="resource" xlink:label="label647" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IntersegmentEliminationMember_en-US">Intersegment Elimination [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element647" xlink:to="label647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="element648" />
        <label xlink:type="resource" xlink:label="label648" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IntersegmentEliminationMember_en-US">Eliminations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element648" xlink:to="label648" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ImpairmentOfRealEstate" xlink:label="element649" />
        <label xlink:type="resource" xlink:label="label649" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ImpairmentOfRealEstate_en-US">Impairment of real estate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element649" xlink:to="label649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="element650" />
        <label xlink:type="resource" xlink:label="label650" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_en-US">Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element650" xlink:to="label650" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="element651" />
        <label xlink:type="resource" xlink:label="label651" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_en-US">Income (loss) before income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element651" xlink:to="label651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="element652" />
        <label xlink:type="resource" xlink:label="label652" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_en-US">Income (loss) before income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element652" xlink:to="label652" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="element653" />
        <label xlink:type="resource" xlink:label="label653" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeStatementAbstract_en-US">Statement of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element653" xlink:to="label653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="element654" />
        <label xlink:type="resource" xlink:label="label654" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeStatementLocationAxis_en-US">Income Statement Location [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element654" xlink:to="label654" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="element655" />
        <label xlink:type="resource" xlink:label="label655" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeStatementLocationAxis_en-US">Income Statement Location [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element655" xlink:to="label655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="element656" />
        <label xlink:type="resource" xlink:label="label656" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxDisclosureAbstract_en-US">Income tax disclosure [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element656" xlink:to="label656" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="element657" />
        <label xlink:type="resource" xlink:label="label657" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeLossFromSubsidiariesNetOfTax_en-US">Equity in net income (loss) of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element657" xlink:to="label657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="element658" />
        <label xlink:type="resource" xlink:label="label658" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxDisclosureTextBlock_en-US">Income Tax Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element658" xlink:to="label658" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="element659" />
        <label xlink:type="resource" xlink:label="label659" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeTaxDisclosureTextBlock_en-US">Income Taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element659" xlink:to="label659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="element660" />
        <label xlink:type="resource" xlink:label="label660" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeStatementLocationDomain_en-US">Income Statement Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element660" xlink:to="label660" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="element661" />
        <label xlink:type="resource" xlink:label="label661" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeStatementLocationDomain_en-US">Income Statement Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element661" xlink:to="label661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element662" />
        <label xlink:type="resource" xlink:label="label662" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Income tax expense (benefit), continuing operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element662" xlink:to="label662" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="element663" />
        <label xlink:type="resource" xlink:label="label663" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxExpenseBenefit_en-US">Income Tax Expense Benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element663" xlink:to="label663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="element664" />
        <label xlink:type="resource" xlink:label="label664" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeTaxExpenseBenefit_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element664" xlink:to="label664" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="element665" />
        <label xlink:type="resource" xlink:label="label665" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeTaxExpenseBenefit_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element665" xlink:to="label665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="element666" />
        <label xlink:type="resource" xlink:label="label666" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_en-US">Total effect of income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element666" xlink:to="label666" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="element667" />
        <label xlink:type="resource" xlink:label="label667" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_en-US">Total effect of income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element667" xlink:to="label667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="element668" />
        <label xlink:type="resource" xlink:label="label668" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_en-US">Income tax effects allocated directly to equity [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element668" xlink:to="label668" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple" xlink:label="element669" />
        <label xlink:type="resource" xlink:label="label669" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_en-US">Total adjustments due to the adoption of new accounting standards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element669" xlink:to="label669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="element670" />
        <label xlink:type="resource" xlink:label="label670" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_en-US">Total income taxes charged (credited) to shareholders' equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element670" xlink:to="label670" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="element671" />
        <label xlink:type="resource" xlink:label="label671" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_en-US">Total income taxes charged (credited) to shareholders' equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element671" xlink:to="label671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="element672" />
        <label xlink:type="resource" xlink:label="label672" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_en-US">Share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element672" xlink:to="label672" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="element673" />
        <label xlink:type="resource" xlink:label="label673" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxesPaidNet_en-US">Income taxes (paid) received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element673" xlink:to="label673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="element674" />
        <label xlink:type="resource" xlink:label="label674" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncomeTaxesPaidNet_en-US">Income taxes (paid) received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element674" xlink:to="label674" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="element675" />
        <label xlink:type="resource" xlink:label="label675" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxPolicyTextBlock_en-US">Income Taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element675" xlink:to="label675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="element676" />
        <label xlink:type="resource" xlink:label="label676" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_en-US">Increase Decrease In Accrued Income Taxes Payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element676" xlink:to="label676" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="element677" />
        <label xlink:type="resource" xlink:label="label677" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_en-US">Current income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element677" xlink:to="label677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="element678" />
        <label xlink:type="resource" xlink:label="label678" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_en-US">Increase Decrease Cash Collateral From Counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element678" xlink:to="label678" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="element679" />
        <label xlink:type="resource" xlink:label="label679" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_en-US">Collateral (to) from swap counterparty</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element679" xlink:to="label679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="element680" />
        <label xlink:type="resource" xlink:label="label680" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_en-US">Increase Decrease In Deferred Policy Acquisition Costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element680" xlink:to="label680" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="element681" />
        <label xlink:type="resource" xlink:label="label681" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element681" xlink:to="label681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="element682" />
        <label xlink:type="resource" xlink:label="label682" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element682" xlink:to="label682" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="element683" />
        <label xlink:type="resource" xlink:label="label683" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_en-US">Intercompany accounts receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element683" xlink:to="label683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="element684" />
        <label xlink:type="resource" xlink:label="label684" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_en-US">Intercompany accounts receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element684" xlink:to="label684" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="element685" />
        <label xlink:type="resource" xlink:label="label685" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInAccruedLiabilities_en-US">Increase Decrease In Accrued Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element685" xlink:to="label685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="element686" />
        <label xlink:type="resource" xlink:label="label686" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInAccruedLiabilities_en-US">Accrued expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element686" xlink:to="label686" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="element687" />
        <label xlink:type="resource" xlink:label="label687" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_en-US">Increase in deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element687" xlink:to="label687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="element688" />
        <label xlink:type="resource" xlink:label="label688" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_en-US">Increase Decrease In Loss And Loss Adjustment Expense Reserve</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element688" xlink:to="label688" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="element689" />
        <label xlink:type="resource" xlink:label="label689" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_en-US">Changes in LAE reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element689" xlink:to="label689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="element690" />
        <label xlink:type="resource" xlink:label="label690" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element690" xlink:to="label690" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="element691" />
        <label xlink:type="resource" xlink:label="label691" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element691" xlink:to="label691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="element692" />
        <label xlink:type="resource" xlink:label="label692" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInInterestPayableNet_en-US">IncreaseDecreaseInInterestPayableNet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element692" xlink:to="label692" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="element693" />
        <label xlink:type="resource" xlink:label="label693" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInInterestPayableNet_en-US">Accrued interest payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element693" xlink:to="label693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="element694" />
        <label xlink:type="resource" xlink:label="label694" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_en-US">Decrease in income tax receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element694" xlink:to="label694" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="element695" />
        <label xlink:type="resource" xlink:label="label695" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInUnearnedPremiums_en-US">Increase Decrease In Unearned Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element695" xlink:to="label695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="element696" />
        <label xlink:type="resource" xlink:label="label696" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInUnearnedPremiums_en-US">Unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element696" xlink:to="label696" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="element697" />
        <label xlink:type="resource" xlink:label="label697" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInUnearnedPremiums_en-US">Changes in unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element697" xlink:to="label697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="element698" />
        <label xlink:type="resource" xlink:label="label698" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInPremiumsReceivable_en-US">Increase Decrease In Premiums Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element698" xlink:to="label698" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="element699" />
        <label xlink:type="resource" xlink:label="label699" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInPremiumsReceivable_en-US">Premiums receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element699" xlink:to="label699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="element700" />
        <label xlink:type="resource" xlink:label="label700" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInPremiumsReceivable_en-US">Premiums receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element700" xlink:to="label700" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" xlink:label="element701" />
        <label xlink:type="resource" xlink:label="label701" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_en-US">Warants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element701" xlink:to="label701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="element702" />
        <label xlink:type="resource" xlink:label="label702" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_en-US">Stock options</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element702" xlink:to="label702" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="element703" />
        <label xlink:type="resource" xlink:label="label703" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InformationByCategoryOfDebtSecurityAxis_en-US">Information By Category Of Debt Security [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element703" xlink:to="label703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="element704" />
        <label xlink:type="resource" xlink:label="label704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InformationByCategoryOfDebtSecurityAxis_en-US">Debt Security Category [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element704" xlink:to="label704" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsurancePremiumsRevenueRecognitionPolicy" xlink:label="element705" />
        <label xlink:type="resource" xlink:label="label705" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsurancePremiumsRevenueRecognitionPolicy_en-US">Financial Guarantee Insurance Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element705" xlink:to="label705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceRecoveries" xlink:label="element706" />
        <label xlink:type="resource" xlink:label="label706" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsuranceRecoveries_en-US">Recoveries received on claims for financial guarantee policies under reinsurance contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element706" xlink:to="label706" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="element707" />
        <label xlink:type="resource" xlink:label="label707" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsuranceAbstract_en-US">Insurance in Force [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element707" xlink:to="label707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="element708" />
        <label xlink:type="resource" xlink:label="label708" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_en-US">Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element708" xlink:to="label708" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="element709" />
        <label xlink:type="resource" xlink:label="label709" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_en-US">Remaining weighted average contract period (in years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element709" xlink:to="label709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="element710" />
        <label xlink:type="resource" xlink:label="label710" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestPayableCurrentAndNoncurrent_en-US">Interest Payable Current And Noncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element710" xlink:to="label710" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="element711" />
        <label xlink:type="resource" xlink:label="label711" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestPayableCurrentAndNoncurrent_en-US">Accrued interest on surplus notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element711" xlink:to="label711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="element712" />
        <label xlink:type="resource" xlink:label="label712" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_InterestPayableCurrentAndNoncurrent_en-US">Accrued interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element712" xlink:to="label712" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="element713" />
        <label xlink:type="resource" xlink:label="label713" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestExpense_en-US">Interest Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element713" xlink:to="label713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="element714" />
        <label xlink:type="resource" xlink:label="label714" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestExpense_en-US">Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element714" xlink:to="label714" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="element715" />
        <label xlink:type="resource" xlink:label="label715" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_InterestExpense_en-US">Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element715" xlink:to="label715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="element716" />
        <label xlink:type="resource" xlink:label="label716" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestPaidNet_en-US">Interest paid, net of interest converted to principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element716" xlink:to="label716" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="element717" />
        <label xlink:type="resource" xlink:label="label717" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_InterestPaidNet_en-US">Interest paid, net of interest converted to principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element717" xlink:to="label717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="element718" />
        <label xlink:type="resource" xlink:label="label718" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestRateSwapMember_en-US">Interest Rate Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element718" xlink:to="label718" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="element719" />
        <label xlink:type="resource" xlink:label="label719" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestRateSwapMember_en-US">Interest Rate Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element719" xlink:to="label719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="element720" />
        <label xlink:type="resource" xlink:label="label720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentPolicyTextBlock_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element720" xlink:to="label720" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="element721" />
        <label xlink:type="resource" xlink:label="label721" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentPolicyTextBlock_en-US">InvestmentPolicyTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element721" xlink:to="label721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="element722" />
        <label xlink:type="resource" xlink:label="label722" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentOwnedAtFairValue_en-US">Investment Owned At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element722" xlink:to="label722" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="element723" />
        <label xlink:type="resource" xlink:label="label723" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentOwnedAtFairValue_en-US">Other investments, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element723" xlink:to="label723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="element724" />
        <label xlink:type="resource" xlink:label="label724" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentTypeAxis_en-US">Investment Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element724" xlink:to="label724" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="element725" />
        <label xlink:type="resource" xlink:label="label725" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentHoldingsTable_en-US">Investment Holdings [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element725" xlink:to="label725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="element726" />
        <label xlink:type="resource" xlink:label="label726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentHoldingsTable_en-US">Investment Holdings [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element726" xlink:to="label726" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="element727" />
        <label xlink:type="resource" xlink:label="label727" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Investments_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element727" xlink:to="label727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="element728" />
        <label xlink:type="resource" xlink:label="label728" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Investments_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element728" xlink:to="label728" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="element729" />
        <label xlink:type="resource" xlink:label="label729" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Investments_en-US">Total investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element729" xlink:to="label729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="element730" />
        <label xlink:type="resource" xlink:label="label730" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_Investments_en-US">Total investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element730" xlink:to="label730" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="element731" />
        <label xlink:type="resource" xlink:label="label731" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_en-US">Investments Classified By Contractual Maturity Date [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element731" xlink:to="label731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="element732" />
        <label xlink:type="resource" xlink:label="label732" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_en-US">Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element732" xlink:to="label732" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="element733" />
        <label xlink:type="resource" xlink:label="label733" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentsAbstract_en-US">Investments [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element733" xlink:to="label733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm" xlink:label="element734" />
        <label xlink:type="resource" xlink:label="label734" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm_en-US">Lease renewal term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element734" xlink:to="label734" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="element735" />
        <label xlink:type="resource" xlink:label="label735" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LettersOfCreditOutstandingAmount_en-US">Outstanding letters of credit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element735" xlink:to="label735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="element736" />
        <label xlink:type="resource" xlink:label="label736" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LeaseholdImprovementsMember_en-US">Leasehold Improvements [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element736" xlink:to="label736" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="element737" />
        <label xlink:type="resource" xlink:label="label737" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesFairValueDisclosureRecurring_en-US">Fair Value Liabilities Measured On Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element737" xlink:to="label737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="element738" />
        <label xlink:type="resource" xlink:label="label738" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesFairValueDisclosureRecurring_en-US">Fair value financial liabilities measured on recurring basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element738" xlink:to="label738" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="element739" />
        <label xlink:type="resource" xlink:label="label739" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesAndStockholdersEquity_en-US">Liabilities And Stockholders Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element739" xlink:to="label739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="element740" />
        <label xlink:type="resource" xlink:label="label740" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LiabilitiesAndStockholdersEquity_en-US">Total liabilities and equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element740" xlink:to="label740" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="element741" />
        <label xlink:type="resource" xlink:label="label741" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesOfAssetsHeldForSale_en-US">LiabilitiesOfAssetsHeldForSale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element741" xlink:to="label741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="element742" />
        <label xlink:type="resource" xlink:label="label742" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesOfAssetsHeldForSale_en-US">Liabilities held for sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element742" xlink:to="label742" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="element743" />
        <label xlink:type="resource" xlink:label="label743" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesAbstract_en-US">Liabilities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element743" xlink:to="label743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="element744" />
        <label xlink:type="resource" xlink:label="label744" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesAbstract_en-US">Liabilities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element744" xlink:to="label744" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="element745" />
        <label xlink:type="resource" xlink:label="label745" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_en-US">Liabilities Fair Value Disclosure Nonrecurring</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element745" xlink:to="label745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="element746" />
        <label xlink:type="resource" xlink:label="label746" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element746" xlink:to="label746" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="element747" />
        <label xlink:type="resource" xlink:label="label747" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element747" xlink:to="label747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="element748" />
        <label xlink:type="resource" xlink:label="label748" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Liabilities_en-US">Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element748" xlink:to="label748" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="element749" />
        <label xlink:type="resource" xlink:label="label749" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Liabilities_en-US">Carrying amounts of liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element749" xlink:to="label749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="element750" />
        <label xlink:type="resource" xlink:label="label750" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Liabilities_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element750" xlink:to="label750" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="element751" />
        <label xlink:type="resource" xlink:label="label751" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesAndStockholdersEquityAbstract_en-US">Liabilities and Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element751" xlink:to="label751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock" xlink:label="element752" />
        <label xlink:type="resource" xlink:label="label752" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_en-US">Liability For Future Policy Benefits And Unpaid Claims Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element752" xlink:to="label752" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock" xlink:label="element753" />
        <label xlink:type="resource" xlink:label="label753" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_en-US">Loss and Loss Adjustment Expense Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element753" xlink:to="label753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element754" />
        <label xlink:type="resource" xlink:label="label754" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">LiabilityForClaimsAndClaimsAdjustmentExpense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element754" xlink:to="label754" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element755" />
        <label xlink:type="resource" xlink:label="label755" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element755" xlink:to="label755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element756" />
        <label xlink:type="resource" xlink:label="label756" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">Gross loss andLAE reserve, beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element756" xlink:to="label756" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element757" />
        <label xlink:type="resource" xlink:label="label757" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">Gross loss andLAE reserve, ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element757" xlink:to="label757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="element758" />
        <label xlink:type="resource" xlink:label="label758" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_en-US">Line of credit commitment fee percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element758" xlink:to="label758" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="element759" />
        <label xlink:type="resource" xlink:label="label759" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_en-US">Line Of Credit Facility Maximum Borrowing Capacity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element759" xlink:to="label759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="element760" />
        <label xlink:type="resource" xlink:label="label760" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_en-US">Line of credit maximum amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element760" xlink:to="label760" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="element761" />
        <label xlink:type="resource" xlink:label="label761" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityAmountOutstanding_en-US">Line of credit amount outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element761" xlink:to="label761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="element762" />
        <label xlink:type="resource" xlink:label="label762" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LineOfCreditFacilityAmountOutstanding_en-US">Secured loan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element762" xlink:to="label762" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="element763" />
        <label xlink:type="resource" xlink:label="label763" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_en-US">Line of credit commitment fee</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element763" xlink:to="label763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="element764" />
        <label xlink:type="resource" xlink:label="label764" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_en-US">Line of credit interest rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element764" xlink:to="label764" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="element765" />
        <label xlink:type="resource" xlink:label="label765" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_en-US">Line Of Credit Facility Interest Rate During Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element765" xlink:to="label765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="element766" />
        <label xlink:type="resource" xlink:label="label766" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LitigationSettlementExpense_en-US">Litigation settlement expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element766" xlink:to="label766" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayableMember" xlink:label="element767" />
        <label xlink:type="resource" xlink:label="label767" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansPayableMember_en-US">Loans Payable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element767" xlink:to="label767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayableMember" xlink:label="element768" />
        <label xlink:type="resource" xlink:label="label768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LoansPayableMember_en-US">Payable For Loans Purchased [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element768" xlink:to="label768" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="element769" />
        <label xlink:type="resource" xlink:label="label769" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansReceivableMember_en-US">Loans Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element769" xlink:to="label769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="element770" />
        <label xlink:type="resource" xlink:label="label770" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LoansReceivableMember_en-US">Corporate Loans Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element770" xlink:to="label770" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayable" xlink:label="element771" />
        <label xlink:type="resource" xlink:label="label771" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansPayable_en-US">Affiliate loans payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element771" xlink:to="label771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="element772" />
        <label xlink:type="resource" xlink:label="label772" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansReceivableFairValueDisclosure_en-US">Loans Receivable Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element772" xlink:to="label772" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="element773" />
        <label xlink:type="resource" xlink:label="label773" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LoansReceivableFairValueDisclosure_en-US">Loans receivable at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element773" xlink:to="label773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="element774" />
        <label xlink:type="resource" xlink:label="label774" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongLivedAssetsHeldForSaleLineItems_en-US">Long Lived Assets Held For Sale [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element774" xlink:to="label774" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="element775" />
        <label xlink:type="resource" xlink:label="label775" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongLivedAssetsHeldForSaleLineItems_en-US">Assets And Liabilities Held For Sale By Major Category [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element775" xlink:to="label775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="element776" />
        <label xlink:type="resource" xlink:label="label776" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebt_en-US">Long-term Debt, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element776" xlink:to="label776" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="element777" />
        <label xlink:type="resource" xlink:label="label777" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LongTermDebt_en-US">Long-term Debt, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element777" xlink:to="label777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="element778" />
        <label xlink:type="resource" xlink:label="label778" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtFairValue_en-US">LongTermDebtFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element778" xlink:to="label778" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="element779" />
        <label xlink:type="resource" xlink:label="label779" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongTermDebtFairValue_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element779" xlink:to="label779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="element780" />
        <label xlink:type="resource" xlink:label="label780" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongLivedAssetsHeldForSaleNameDomain_en-US">Long Lived Assets Held For Sale Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element780" xlink:to="label780" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="element781" />
        <label xlink:type="resource" xlink:label="label781" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongLivedAssetsHeldForSaleNameDomain_en-US">Held For Sale [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element781" xlink:to="label781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="element782" />
        <label xlink:type="resource" xlink:label="label782" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMember_en-US">Long Term Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element782" xlink:to="label782" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="element783" />
        <label xlink:type="resource" xlink:label="label783" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongTermDebtMember_en-US">Long-term Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element783" xlink:to="label783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="element784" />
        <label xlink:type="resource" xlink:label="label784" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_en-US">Long Lived Assets Held For Sale By Asset Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element784" xlink:to="label784" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="element785" />
        <label xlink:type="resource" xlink:label="label785" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_en-US">Held For Sale [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element785" xlink:to="label785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="element786" />
        <label xlink:type="resource" xlink:label="label786" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_en-US">2016</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element786" xlink:to="label786" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="element787" />
        <label xlink:type="resource" xlink:label="label787" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_en-US">2018</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element787" xlink:to="label787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="element788" />
        <label xlink:type="resource" xlink:label="label788" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_en-US">2019</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element788" xlink:to="label788" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="element789" />
        <label xlink:type="resource" xlink:label="label789" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_en-US">Thereafter</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element789" xlink:to="label789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="element790" />
        <label xlink:type="resource" xlink:label="label790" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_en-US">2017</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element790" xlink:to="label790" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="element791" />
        <label xlink:type="resource" xlink:label="label791" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtNoncurrent_en-US">Long Term Debt Noncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element791" xlink:to="label791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="element792" />
        <label xlink:type="resource" xlink:label="label792" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongTermDebtNoncurrent_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element792" xlink:to="label792" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="element793" />
        <label xlink:type="resource" xlink:label="label793" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LongTermDebtNoncurrent_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element793" xlink:to="label793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="element794" />
        <label xlink:type="resource" xlink:label="label794" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_en-US">2015</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element794" xlink:to="label794" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="element795" />
        <label xlink:type="resource" xlink:label="label795" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingencyNatureDomain_en-US">Loss Contingency Nature [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element795" xlink:to="label795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="element796" />
        <label xlink:type="resource" xlink:label="label796" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingenciesTable_en-US">Loss Contingencies [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element796" xlink:to="label796" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="element797" />
        <label xlink:type="resource" xlink:label="label797" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingenciesLineItems_en-US">Loss Contingencies [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element797" xlink:to="label797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="element798" />
        <label xlink:type="resource" xlink:label="label798" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingenciesByNatureOfContingencyAxis_en-US">Loss Contingencies By Nature Of Contingency [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element798" xlink:to="label798" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa1RatingMember" xlink:label="element799" />
        <label xlink:type="resource" xlink:label="label799" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MoodysAa1RatingMember_en-US">Moodys Aa 1 Rating [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element799" xlink:to="label799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa1RatingMember" xlink:label="element800" />
        <label xlink:type="resource" xlink:label="label800" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MoodysAa1RatingMember_en-US">Aa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element800" xlink:to="label800" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA3RatingMember" xlink:label="element801" />
        <label xlink:type="resource" xlink:label="label801" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MoodysA3RatingMember_en-US">Mood'ys A3 Rating [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element801" xlink:to="label801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa3RatingMember" xlink:label="element802" />
        <label xlink:type="resource" xlink:label="label802" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MoodysAa3RatingMember_en-US">Moody's Aa3 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element802" xlink:to="label802" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA1RatingMember" xlink:label="element803" />
        <label xlink:type="resource" xlink:label="label803" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MoodysA1RatingMember_en-US">Moody's A1 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element803" xlink:to="label803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA1RatingMember" xlink:label="element804" />
        <label xlink:type="resource" xlink:label="label804" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MoodysA1RatingMember_en-US">A1 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element804" xlink:to="label804" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAaaRatingMember" xlink:label="element805" />
        <label xlink:type="resource" xlink:label="label805" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MoodysAaaRatingMember_en-US">Moody's Aaa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element805" xlink:to="label805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysBaa1RatingMember" xlink:label="element806" />
        <label xlink:type="resource" xlink:label="label806" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MoodysBaa1RatingMember_en-US">Moody's Baa 1 Rating [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element806" xlink:to="label806" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysBaa1RatingMember" xlink:label="element807" />
        <label xlink:type="resource" xlink:label="label807" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MoodysBaa1RatingMember_en-US">Baa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element807" xlink:to="label807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="element808" />
        <label xlink:type="resource" xlink:label="label808" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorPropertyClassDomain_en-US">Major Property Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element808" xlink:to="label808" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="element809" />
        <label xlink:type="resource" xlink:label="label809" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorPropertyClassAxis_en-US">Major Property Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element809" xlink:to="label809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="element810" />
        <label xlink:type="resource" xlink:label="label810" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorTypesOfDebtSecuritiesDomain_en-US">Major Types of Debt Securities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element810" xlink:to="label810" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="element811" />
        <label xlink:type="resource" xlink:label="label811" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_en-US">Major Types Of Debt And Equity Securities [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element811" xlink:to="label811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="element812" />
        <label xlink:type="resource" xlink:label="label812" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_en-US">Major Types of Debt and Equity Securities [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element812" xlink:to="label812" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="element813" />
        <label xlink:type="resource" xlink:label="label813" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_en-US">Major Types Of Debt And Equity Securities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element813" xlink:to="label813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="element814" />
        <label xlink:type="resource" xlink:label="label814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_en-US">Major Types of Debt and Equity Securities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element814" xlink:to="label814" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MarketableSecuritiesTextBlock" xlink:label="element815" />
        <label xlink:type="resource" xlink:label="label815" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MarketableSecuritiesTextBlock_en-US">Marketable Securities [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element815" xlink:to="label815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MarketableSecuritiesTextBlock" xlink:label="element816" />
        <label xlink:type="resource" xlink:label="label816" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MarketableSecuritiesTextBlock_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element816" xlink:to="label816" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="element817" />
        <label xlink:type="resource" xlink:label="label817" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MaximumMember_en-US">Maximum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element817" xlink:to="label817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="element818" />
        <label xlink:type="resource" xlink:label="label818" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MaximumMember_en-US">Maximum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element818" xlink:to="label818" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="element819" />
        <label xlink:type="resource" xlink:label="label819" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MediumTermNotes_en-US">Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element819" xlink:to="label819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="element820" />
        <label xlink:type="resource" xlink:label="label820" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MediumTermNotes_en-US">Medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element820" xlink:to="label820" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="element821" />
        <label xlink:type="resource" xlink:label="label821" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_MediumTermNotes_en-US">Medium-term notes (includes financial instruments carried at fair value of $197 and $203)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element821" xlink:to="label821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="element822" />
        <label xlink:type="resource" xlink:label="label822" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MediumTermNotesMember_en-US">Medium Term Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element822" xlink:to="label822" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="element823" />
        <label xlink:type="resource" xlink:label="label823" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MediumTermNotesMember_en-US">Medium-term Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element823" xlink:to="label823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="element824" />
        <label xlink:type="resource" xlink:label="label824" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinimumMember_en-US">Minimum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element824" xlink:to="label824" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="element825" />
        <label xlink:type="resource" xlink:label="label825" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MinimumMember_en-US">Minimum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element825" xlink:to="label825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="element826" />
        <label xlink:type="resource" xlink:label="label826" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinorityInterestDecreaseFromRedemptions_en-US">MinorityInterestChangeInRedemptionValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element826" xlink:to="label826" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="element827" />
        <label xlink:type="resource" xlink:label="label827" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_MinorityInterestDecreaseFromRedemptions_en-US">Change in noncontrolling interest in subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element827" xlink:to="label827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="element828" />
        <label xlink:type="resource" xlink:label="label828" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinorityInterestPeriodIncreaseDecrease_en-US">Minority Interest Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element828" xlink:to="label828" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="element829" />
        <label xlink:type="resource" xlink:label="label829" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MinorityInterestPeriodIncreaseDecrease_en-US">Change in noncontrolling interest in subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element829" xlink:to="label829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="element830" />
        <label xlink:type="resource" xlink:label="label830" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MortgageBackedSecuritiesMember_en-US">Mortgage-backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element830" xlink:to="label830" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MunicipalBondsMember" xlink:label="element831" />
        <label xlink:type="resource" xlink:label="label831" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MunicipalBondsMember_en-US">Municipal Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element831" xlink:to="label831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MunicipalBondsMember" xlink:label="element832" />
        <label xlink:type="resource" xlink:label="label832" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MunicipalBondsMember_en-US">General obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element832" xlink:to="label832" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NettingAndCollateralMember" xlink:label="element833" />
        <label xlink:type="resource" xlink:label="label833" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NettingAndCollateralMember_en-US">Counterparty And Cash Collateral Netting [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element833" xlink:to="label833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="element834" />
        <label xlink:type="resource" xlink:label="label834" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NatureOfOperations_en-US">Nature Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element834" xlink:to="label834" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="element835" />
        <label xlink:type="resource" xlink:label="label835" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NatureOfOperations_en-US">Business Developments and Risks and Uncertainties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element835" xlink:to="label835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="element836" />
        <label xlink:type="resource" xlink:label="label836" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_en-US">Net Cash Provided By Used In Financing Activities Continuing Opeations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element836" xlink:to="label836" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="element837" />
        <label xlink:type="resource" xlink:label="label837" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_en-US">Cash flows from financing activities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element837" xlink:to="label837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="element838" />
        <label xlink:type="resource" xlink:label="label838" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_en-US">Net Cash Provided By Used In Operating Activities Continuing Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element838" xlink:to="label838" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="element839" />
        <label xlink:type="resource" xlink:label="label839" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_en-US">Cash flows from operating activities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element839" xlink:to="label839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="element840" />
        <label xlink:type="resource" xlink:label="label840" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_en-US">Net income (loss) available to common stockholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element840" xlink:to="label840" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="element841" />
        <label xlink:type="resource" xlink:label="label841" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_en-US">Net income (loss) available to common stockholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element841" xlink:to="label841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="element842" />
        <label xlink:type="resource" xlink:label="label842" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_en-US">Net income (loss) available to common stockholders - basic, as revised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element842" xlink:to="label842" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="element843" />
        <label xlink:type="resource" xlink:label="label843" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_en-US">Net Cash Provided By Used In Operating Activities Continuing Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element843" xlink:to="label843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="element844" />
        <label xlink:type="resource" xlink:label="label844" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_en-US">Net cash provided (used) by operating activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element844" xlink:to="label844" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="element845" />
        <label xlink:type="resource" xlink:label="label845" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_en-US">NetIncomeLossAvailableToCommonStockholdersDiluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element845" xlink:to="label845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="element846" />
        <label xlink:type="resource" xlink:label="label846" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_en-US">Net income (loss) available to common stockholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element846" xlink:to="label846" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="element847" />
        <label xlink:type="resource" xlink:label="label847" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_en-US">Net income (loss) available to common stockholders - diluted, as revised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element847" xlink:to="label847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="element848" />
        <label xlink:type="resource" xlink:label="label848" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_en-US">Net Cash Provided By Used In Financing Activities Continuing Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element848" xlink:to="label848" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="element849" />
        <label xlink:type="resource" xlink:label="label849" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_en-US">Net cash provided (used) by financing activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element849" xlink:to="label849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="element850" />
        <label xlink:type="resource" xlink:label="label850" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_en-US">Net Cash Provided By Used In Investing Activities Continuing Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element850" xlink:to="label850" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="element851" />
        <label xlink:type="resource" xlink:label="label851" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_en-US">Net cash provided (used) by investing activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element851" xlink:to="label851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="element852" />
        <label xlink:type="resource" xlink:label="label852" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_en-US">Net Cash Provided By Used In Investing Activities Continuing Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element852" xlink:to="label852" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="element853" />
        <label xlink:type="resource" xlink:label="label853" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_en-US">Cash flows from investing activities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element853" xlink:to="label853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element854" />
        <label xlink:type="resource" xlink:label="label854" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetIncomeLoss_en-US">Net Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element854" xlink:to="label854" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element855" />
        <label xlink:type="resource" xlink:label="label855" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetIncomeLoss_en-US">Net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element855" xlink:to="label855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element856" />
        <label xlink:type="resource" xlink:label="label856" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetIncomeLoss_en-US">Net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element856" xlink:to="label856" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element857" />
        <label xlink:type="resource" xlink:label="label857" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_NetIncomeLoss_en-US">Net income (loss) available to common shareholders - basic and diluted, as reported</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element857" xlink:to="label857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element858" />
        <label xlink:type="resource" xlink:label="label858" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_NetIncomeLoss_en-US">Net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element858" xlink:to="label858" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="element859" />
        <label xlink:type="resource" xlink:label="label859" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetInvestmentIncome_en-US">Net Investment Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element859" xlink:to="label859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="element860" />
        <label xlink:type="resource" xlink:label="label860" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetInvestmentIncome_en-US">Net investment income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element860" xlink:to="label860" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="element861" />
        <label xlink:type="resource" xlink:label="label861" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_en-US">New Accounting Pronouncements And Changes In Accounting Principles [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element861" xlink:to="label861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="element862" />
        <label xlink:type="resource" xlink:label="label862" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_en-US">Recent Accounting Pronouncements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element862" xlink:to="label862" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="element863" />
        <label xlink:type="resource" xlink:label="label863" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_en-US">New Accounting Pronouncements Policy Policy [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element863" xlink:to="label863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="element864" />
        <label xlink:type="resource" xlink:label="label864" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_en-US">Recently Adopted Accounting Standards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element864" xlink:to="label864" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="element865" />
        <label xlink:type="resource" xlink:label="label865" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NotesPayableFairValueDisclosure_en-US">Notes Payable Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element865" xlink:to="label865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="element866" />
        <label xlink:type="resource" xlink:label="label866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NotesPayableFairValueDisclosure_en-US">Medium-term notes, financial instruments carried at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element866" xlink:to="label866" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableOtherPayablesMember" xlink:label="element867" />
        <label xlink:type="resource" xlink:label="label867" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NotesPayableOtherPayablesMember_en-US">Notes Payable Other Payables [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element867" xlink:to="label867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableOtherPayablesMember" xlink:label="element868" />
        <label xlink:type="resource" xlink:label="label868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NotesPayableOtherPayablesMember_en-US">Variable Interest Entities Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element868" xlink:to="label868" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="element869" />
        <label xlink:type="resource" xlink:label="label869" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NotesPayable_en-US">Notes Payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element869" xlink:to="label869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="element870" />
        <label xlink:type="resource" xlink:label="label870" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NotesPayable_en-US">Variable interest entity notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element870" xlink:to="label870" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="element871" />
        <label xlink:type="resource" xlink:label="label871" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_NotesPayable_en-US">Variable interest entity notes (includes financial instruments carried at fair value of $2,047 and $2,356)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element871" xlink:to="label871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="element872" />
        <label xlink:type="resource" xlink:label="label872" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NumberOfOperatingSegments_en-US">Number of operating segments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element872" xlink:to="label872" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="element873" />
        <label xlink:type="resource" xlink:label="label873" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NumberOfOperatingSegments_en-US">Number of operating segments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element873" xlink:to="label873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="element874" />
        <label xlink:type="resource" xlink:label="label874" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeconsolidationGainOrLossAmount_en-US">Deconsolidation Gain Or Loss Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element874" xlink:to="label874" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="element875" />
        <label xlink:type="resource" xlink:label="label875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeconsolidationGainOrLossAmount_en-US">Net realized gains (losses) related to deconsolidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element875" xlink:to="label875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="element876" />
        <label xlink:type="resource" xlink:label="label876" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NondesignatedMember_en-US">Nondesignated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element876" xlink:to="label876" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="element877" />
        <label xlink:type="resource" xlink:label="label877" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NondesignatedMember_en-US">Not Designated as Hedging Instrument [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element877" xlink:to="label877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OfficerMember" xlink:label="element878" />
        <label xlink:type="resource" xlink:label="label878" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OfficerMember_en-US">Officer [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element878" xlink:to="label878" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OfficerMember" xlink:label="element879" />
        <label xlink:type="resource" xlink:label="label879" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OfficerMember_en-US">Proxy Officers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element879" xlink:to="label879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="element880" />
        <label xlink:type="resource" xlink:label="label880" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingExpensesAbstract_en-US">Operating Expenses [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element880" xlink:to="label880" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="element881" />
        <label xlink:type="resource" xlink:label="label881" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OperatingExpensesAbstract_en-US">Expenses:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element881" xlink:to="label881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="element882" />
        <label xlink:type="resource" xlink:label="label882" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingExpenses_en-US">Operating Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element882" xlink:to="label882" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="element883" />
        <label xlink:type="resource" xlink:label="label883" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OperatingExpenses_en-US">Operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element883" xlink:to="label883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="element884" />
        <label xlink:type="resource" xlink:label="label884" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingSegmentsMember_en-US">Operating Segments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element884" xlink:to="label884" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="element885" />
        <label xlink:type="resource" xlink:label="label885" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_en-US">Operating leases future minimum payments due</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element885" xlink:to="label885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="element886" />
        <label xlink:type="resource" xlink:label="label886" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingLossCarryforwards_en-US">Operating Loss Carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element886" xlink:to="label886" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="element887" />
        <label xlink:type="resource" xlink:label="label887" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OperatingLossCarryforwards_en-US">NOL carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element887" xlink:to="label887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="element888" />
        <label xlink:type="resource" xlink:label="label888" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OptionIndexedToIssuersEquityTypeAxis_en-US">Option Indexed to Issuer's Equity, Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element888" xlink:to="label888" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="element889" />
        <label xlink:type="resource" xlink:label="label889" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OptionIndexedToIssuersEquityTypeDomain_en-US">Option Indexed to Issuer's Equity, Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element889" xlink:to="label889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="element890" />
        <label xlink:type="resource" xlink:label="label890" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_en-US">Change in other-than-temporary impairment losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element890" xlink:to="label890" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="element891" />
        <label xlink:type="resource" xlink:label="label891" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_en-US">Change in AFS securities with OTTI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element891" xlink:to="label891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="element892" />
        <label xlink:type="resource" xlink:label="label892" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherCurrentLiabilitiesMember_en-US">Other Current Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element892" xlink:to="label892" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="element893" />
        <label xlink:type="resource" xlink:label="label893" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherCurrentLiabilitiesMember_en-US">Other Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element893" xlink:to="label893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" xlink:label="element894" />
        <label xlink:type="resource" xlink:label="label894" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities impaired To Fair Value During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element894" xlink:to="label894" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" xlink:label="element895" />
        <label xlink:type="resource" xlink:label="label895" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities Impaired To Fair Value During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element895" xlink:to="label895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="element896" />
        <label xlink:type="resource" xlink:label="label896" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_en-US">Other Than Temporary Impairment Credit Losses Recognized In Earnings [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element896" xlink:to="label896" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="element897" />
        <label xlink:type="resource" xlink:label="label897" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_en-US">Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element897" xlink:to="label897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="element898" />
        <label xlink:type="resource" xlink:label="label898" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_en-US">Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element898" xlink:to="label898" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="element899" />
        <label xlink:type="resource" xlink:label="label899" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_en-US">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element899" xlink:to="label899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" xlink:label="element900" />
        <label xlink:type="resource" xlink:label="label900" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities Sold During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element900" xlink:to="label900" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" xlink:label="element901" />
        <label xlink:type="resource" xlink:label="label901" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities Sold During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element901" xlink:to="label901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="element902" />
        <label xlink:type="resource" xlink:label="label902" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_en-US">Other Than Temporary Impairment Losses Investments [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element902" xlink:to="label902" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="element903" />
        <label xlink:type="resource" xlink:label="label903" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_en-US">Investment losses related to other-than-temporary impairments:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element903" xlink:to="label903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="element904" />
        <label xlink:type="resource" xlink:label="label904" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_en-US">Change in foreign currency translation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element904" xlink:to="label904" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="element905" />
        <label xlink:type="resource" xlink:label="label905" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_en-US">OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element905" xlink:to="label905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="element906" />
        <label xlink:type="resource" xlink:label="label906" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element906" xlink:to="label906" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="element907" />
        <label xlink:type="resource" xlink:label="label907" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_en-US">Other-than-temporary impairments on available-for-sale securities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element907" xlink:to="label907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="element908" />
        <label xlink:type="resource" xlink:label="label908" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_en-US">Available-for-sale securities with other-than-temporary impairments: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element908" xlink:to="label908" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" xlink:label="element909" />
        <label xlink:type="resource" xlink:label="label909" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_en-US">Reductions For Increases In Cash Flows Expected To Be Collected Over The Remaining Life Of The Security</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element909" xlink:to="label909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" xlink:label="element910" />
        <label xlink:type="resource" xlink:label="label910" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_en-US">Reductions For Increases In Cash Flows Expected To Be Collected Over The Remaining Life Of The Security</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element910" xlink:to="label910" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="element911" />
        <label xlink:type="resource" xlink:label="label911" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_en-US">Other Than Temporary Impairment Credit Losses Recognized In Earnings Categories Of Investments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element911" xlink:to="label911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="element912" />
        <label xlink:type="resource" xlink:label="label912" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_en-US">Other than Temporary Impairment, Credit Losses Recognized in Earnings, Categories of Investments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element912" xlink:to="label912" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="element913" />
        <label xlink:type="resource" xlink:label="label913" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_en-US">Other than temporary impairment credit lossesfor available for sale securities rollforward [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element913" xlink:to="label913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="element914" />
        <label xlink:type="resource" xlink:label="label914" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherCreditDerivativesMember_en-US">Other Credit Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element914" xlink:to="label914" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="element915" />
        <label xlink:type="resource" xlink:label="label915" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherCreditDerivativesMember_en-US">All Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element915" xlink:to="label915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="element916" />
        <label xlink:type="resource" xlink:label="label916" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_en-US">Reclassification adjustments for (gains) losses, tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element916" xlink:to="label916" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="element917" />
        <label xlink:type="resource" xlink:label="label917" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element917" xlink:to="label917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="element918" />
        <label xlink:type="resource" xlink:label="label918" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element918" xlink:to="label918" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element919" />
        <label xlink:type="resource" xlink:label="label919" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale Of Securities Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element919" xlink:to="label919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element920" />
        <label xlink:type="resource" xlink:label="label920" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element920" xlink:to="label920" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element921" />
        <label xlink:type="resource" xlink:label="label921" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Less: Reclassification adjustments for (gains) losses included in net income (loss), net of tax of $29, $16 and $77</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element921" xlink:to="label921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element922" />
        <label xlink:type="resource" xlink:label="label922" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element922" xlink:to="label922" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element923" />
        <label xlink:type="resource" xlink:label="label923" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element923" xlink:to="label923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="element924" />
        <label xlink:type="resource" xlink:label="label924" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale Of Securities Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element924" xlink:to="label924" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="element925" />
        <label xlink:type="resource" xlink:label="label925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element925" xlink:to="label925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="element926" />
        <label xlink:type="resource" xlink:label="label926" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element926" xlink:to="label926" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="element927" />
        <label xlink:type="resource" xlink:label="label927" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_en-US">Other Than Temporary Impairment Losses Investments Availableforsale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element927" xlink:to="label927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="element928" />
        <label xlink:type="resource" xlink:label="label928" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_en-US">Investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element928" xlink:to="label928" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element929" />
        <label xlink:type="resource" xlink:label="label929" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element929" xlink:to="label929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element930" />
        <label xlink:type="resource" xlink:label="label930" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element930" xlink:to="label930" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element931" />
        <label xlink:type="resource" xlink:label="label931" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element931" xlink:to="label931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element932" />
        <label xlink:type="resource" xlink:label="label932" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element932" xlink:to="label932" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="element933" />
        <label xlink:type="resource" xlink:label="label933" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element933" xlink:to="label933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="element934" />
        <label xlink:type="resource" xlink:label="label934" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element934" xlink:to="label934" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax" xlink:label="element935" />
        <label xlink:type="resource" xlink:label="label935" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_en-US">Change in fair value of derivative instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element935" xlink:to="label935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="element936" />
        <label xlink:type="resource" xlink:label="label936" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherCurrentAssetsMember_en-US">Other Current Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element936" xlink:to="label936" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="element937" />
        <label xlink:type="resource" xlink:label="label937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherCurrentAssetsMember_en-US">Other Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element937" xlink:to="label937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="element938" />
        <label xlink:type="resource" xlink:label="label938" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_en-US">OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element938" xlink:to="label938" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="element939" />
        <label xlink:type="resource" xlink:label="label939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_en-US">Other comprehensive income (loss) before reclassification</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element939" xlink:to="label939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="element940" />
        <label xlink:type="resource" xlink:label="label940" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_en-US">OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element940" xlink:to="label940" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="element941" />
        <label xlink:type="resource" xlink:label="label941" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element941" xlink:to="label941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="element942" />
        <label xlink:type="resource" xlink:label="label942" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element942" xlink:to="label942" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="element943" />
        <label xlink:type="resource" xlink:label="label943" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_en-US">OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element943" xlink:to="label943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="element944" />
        <label xlink:type="resource" xlink:label="label944" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_en-US">Beginning Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element944" xlink:to="label944" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="element945" />
        <label xlink:type="resource" xlink:label="label945" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_en-US">Ending Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element945" xlink:to="label945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock" xlink:label="element946" />
        <label xlink:type="resource" xlink:label="label946" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_en-US">Other Than Temporary Impairment Credit Losses Recognized In Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element946" xlink:to="label946" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock" xlink:label="element947" />
        <label xlink:type="resource" xlink:label="label947" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_en-US">Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element947" xlink:to="label947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="element948" />
        <label xlink:type="resource" xlink:label="label948" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherNoncashIncomeExpense_en-US">Other Noncash Income Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element948" xlink:to="label948" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="element949" />
        <label xlink:type="resource" xlink:label="label949" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherNoncashIncomeExpense_en-US">Other operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element949" xlink:to="label949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="element950" />
        <label xlink:type="resource" xlink:label="label950" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherNoncashIncomeExpense_en-US">Other operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element950" xlink:to="label950" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="element951" />
        <label xlink:type="resource" xlink:label="label951" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAssets_en-US">Other Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element951" xlink:to="label951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="element952" />
        <label xlink:type="resource" xlink:label="label952" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherAssets_en-US">Other assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element952" xlink:to="label952" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" xlink:label="element953" />
        <label xlink:type="resource" xlink:label="label953" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_en-US">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Previously Impaired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element953" xlink:to="label953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" xlink:label="element954" />
        <label xlink:type="resource" xlink:label="label954" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_en-US">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Not Previous Impaired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element954" xlink:to="label954" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="element955" />
        <label xlink:type="resource" xlink:label="label955" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAssetsHeldForSaleCurrent_en-US">Assets held for sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element955" xlink:to="label955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="element956" />
        <label xlink:type="resource" xlink:label="label956" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_en-US">OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element956" xlink:to="label956" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="element957" />
        <label xlink:type="resource" xlink:label="label957" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_en-US">Foreign currency translation gains (losses)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element957" xlink:to="label957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element958" />
        <label xlink:type="resource" xlink:label="label958" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element958" xlink:to="label958" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element959" />
        <label xlink:type="resource" xlink:label="label959" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Unrealized gains (losses) arising during the period, net of tax of $71, $96 and $10</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element959" xlink:to="label959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element960" />
        <label xlink:type="resource" xlink:label="label960" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element960" xlink:to="label960" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element961" />
        <label xlink:type="resource" xlink:label="label961" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Unrealized gains (losses) arising during the period, net of tax of $35, $60 and $93</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element961" xlink:to="label961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element962" />
        <label xlink:type="resource" xlink:label="label962" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US" id="positive_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element962" xlink:to="label962" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="element963" />
        <label xlink:type="resource" xlink:label="label963" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_en-US">Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element963" xlink:to="label963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="element964" />
        <label xlink:type="resource" xlink:label="label964" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_en-US">Foreign currency translation, tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element964" xlink:to="label964" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="element965" />
        <label xlink:type="resource" xlink:label="label965" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element965" xlink:to="label965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="element966" />
        <label xlink:type="resource" xlink:label="label966" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element966" xlink:to="label966" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="element967" />
        <label xlink:type="resource" xlink:label="label967" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_en-US">Unrealized gains (losses), tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element967" xlink:to="label967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="element968" />
        <label xlink:type="resource" xlink:label="label968" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element968" xlink:to="label968" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="element969" />
        <label xlink:type="resource" xlink:label="label969" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_en-US">Foreign currency translation: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element969" xlink:to="label969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element970" />
        <label xlink:type="resource" xlink:label="label970" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element970" xlink:to="label970" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element971" />
        <label xlink:type="resource" xlink:label="label971" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element971" xlink:to="label971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element972" />
        <label xlink:type="resource" xlink:label="label972" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Foreign currency translation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element972" xlink:to="label972" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element973" />
        <label xlink:type="resource" xlink:label="label973" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Foreign currency translation gains (losses)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element973" xlink:to="label973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="element974" />
        <label xlink:type="resource" xlink:label="label974" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_en-US">OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element974" xlink:to="label974" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="element975" />
        <label xlink:type="resource" xlink:label="label975" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_en-US">Unrealized gains (losses) arising during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element975" xlink:to="label975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="element976" />
        <label xlink:type="resource" xlink:label="label976" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherIncome_en-US">Other Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element976" xlink:to="label976" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="element977" />
        <label xlink:type="resource" xlink:label="label977" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherIncome_en-US">Other net realized gains (losses)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element977" xlink:to="label977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="element978" />
        <label xlink:type="resource" xlink:label="label978" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherLongTermInvestmentsMember_en-US">Other Long Term Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element978" xlink:to="label978" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="element979" />
        <label xlink:type="resource" xlink:label="label979" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherLongTermInvestmentsMember_en-US">Total Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element979" xlink:to="label979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="element980" />
        <label xlink:type="resource" xlink:label="label980" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherLiabilities_en-US">Other Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element980" xlink:to="label980" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="element981" />
        <label xlink:type="resource" xlink:label="label981" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherLiabilities_en-US">Other liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element981" xlink:to="label981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="element982" />
        <label xlink:type="resource" xlink:label="label982" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAssetsMember_en-US">Other Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element982" xlink:to="label982" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="element983" />
        <label xlink:type="resource" xlink:label="label983" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherAssetsMember_en-US">Other Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element983" xlink:to="label983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="element984" />
        <label xlink:type="resource" xlink:label="label984" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherLiabilitiesMember_en-US">Other Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element984" xlink:to="label984" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="element985" />
        <label xlink:type="resource" xlink:label="label985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherLiabilitiesMember_en-US">Other Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element985" xlink:to="label985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAggregatedInvestmentsMember" xlink:label="element986" />
        <label xlink:type="resource" xlink:label="label986" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAggregatedInvestmentsMember_en-US">Other Aggregated Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element986" xlink:to="label986" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="element987" />
        <label xlink:type="resource" xlink:label="label987" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherInvestments_en-US">Other Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element987" xlink:to="label987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="element988" />
        <label xlink:type="resource" xlink:label="label988" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherInvestments_en-US">Other investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element988" xlink:to="label988" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="element989" />
        <label xlink:type="resource" xlink:label="label989" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherInvestments_en-US">Other investments (includes investments at fair value of $13 and $11)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element989" xlink:to="label989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="element990" />
        <label xlink:type="resource" xlink:label="label990" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_en-US">Unrealized gains (losses) on available-for-sale securities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element990" xlink:to="label990" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element991" />
        <label xlink:type="resource" xlink:label="label991" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element991" xlink:to="label991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element992" />
        <label xlink:type="resource" xlink:label="label992" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Total other comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element992" xlink:to="label992" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element993" />
        <label xlink:type="resource" xlink:label="label993" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Total other comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element993" xlink:to="label993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element994" />
        <label xlink:type="resource" xlink:label="label994" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Net current period other comprehensive income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element994" xlink:to="label994" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="element995" />
        <label xlink:type="resource" xlink:label="label995" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProductsAndServicesDomain_en-US">Products And Services [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element995" xlink:to="label995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="element996" />
        <label xlink:type="resource" xlink:label="label996" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParentCompanyMember_en-US">Parent Company [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element996" xlink:to="label996" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="element997" />
        <label xlink:type="resource" xlink:label="label997" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParentMember_en-US">Parent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element997" xlink:to="label997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="element998" />
        <label xlink:type="resource" xlink:label="label998" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ParentMember_en-US">Total Shareholders' Equity Of MBIA Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element998" xlink:to="label998" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="element999" />
        <label xlink:type="resource" xlink:label="label999" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_en-US">% of Insurance in Force</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element999" xlink:to="label999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="element1000" />
        <label xlink:type="resource" xlink:label="label1000" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParticipatingPoliciesAmountInForce_en-US">Insurance in Force</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1000" xlink:to="label1000" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="element1001" />
        <label xlink:type="resource" xlink:label="label1001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_en-US">Payments For Losses And Loss Adjustment Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1001" xlink:to="label1001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="element1002" />
        <label xlink:type="resource" xlink:label="label1002" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_en-US">Financial guarantee losses and loss adjustment expenses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1002" xlink:to="label1002" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="element1003" />
        <label xlink:type="resource" xlink:label="label1003" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForRepurchaseOfCommonStock_en-US">Payments For Repurchase Of Common Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1003" xlink:to="label1003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="element1004" />
        <label xlink:type="resource" xlink:label="label1004" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForRepurchaseOfCommonStock_en-US">Purchases of treasury stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1004" xlink:to="label1004" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="element1005" />
        <label xlink:type="resource" xlink:label="label1005" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForProceedsFromShortTermInvestments_en-US">Payments For Proceeds From Short Term Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1005" xlink:to="label1005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="element1006" />
        <label xlink:type="resource" xlink:label="label1006" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForProceedsFromShortTermInvestments_en-US">Sales, paydowns and maturities (purchases) of short-term investments, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1006" xlink:to="label1006" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="element1007" />
        <label xlink:type="resource" xlink:label="label1007" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_en-US">Tax charge related to restricted share awards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1007" xlink:to="label1007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="element1008" />
        <label xlink:type="resource" xlink:label="label1008" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForOperatingActivities_en-US">Payments For Operating Activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1008" xlink:to="label1008" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="element1009" />
        <label xlink:type="resource" xlink:label="label1009" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForOperatingActivities_en-US">Operating and employee related expenses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1009" xlink:to="label1009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="element1010" />
        <label xlink:type="resource" xlink:label="label1010" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xml:lang="en-US" id="NegatedTerse_us-gaap_PaymentsForOperatingActivities_en-US">Operating expenses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1010" xlink:to="label1010" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="element1011" />
        <label xlink:type="resource" xlink:label="label1011" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_en-US">Payments For Proceeds From Derivative Instrument Investing Activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1011" xlink:to="label1011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="element1012" />
        <label xlink:type="resource" xlink:label="label1012" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_en-US">(Payments) proceeds for derivative settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1012" xlink:to="label1012" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="element1013" />
        <label xlink:type="resource" xlink:label="label1013" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_en-US">PaymentsForProceedsFromOtherInvestingActivities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1013" xlink:to="label1013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="element1014" />
        <label xlink:type="resource" xlink:label="label1014" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_en-US">Advances to subsidiaries, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1014" xlink:to="label1014" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="element1015" />
        <label xlink:type="resource" xlink:label="label1015" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireLoansReceivable_en-US">PaymentsToAcquireLoansReceivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1015" xlink:to="label1015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="element1016" />
        <label xlink:type="resource" xlink:label="label1016" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireLoansReceivable_en-US">Purchases of loans receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1016" xlink:to="label1016" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="element1017" />
        <label xlink:type="resource" xlink:label="label1017" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_en-US">Payments To Acquire Available For Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1017" xlink:to="label1017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="element1018" />
        <label xlink:type="resource" xlink:label="label1018" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_en-US">Purchases of available-for-sale investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1018" xlink:to="label1018" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="element1019" />
        <label xlink:type="resource" xlink:label="label1019" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_en-US">Purchase of non-controlling interest in an affiliate, net of cash received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1019" xlink:to="label1019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="element1020" />
        <label xlink:type="resource" xlink:label="label1020" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_en-US">Purchase of non-controlling interest in an affiliate, net of cash received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1020" xlink:to="label1020" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="element1021" />
        <label xlink:type="resource" xlink:label="label1021" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_en-US">Payments To Acquire Property Plant And Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1021" xlink:to="label1021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="element1022" />
        <label xlink:type="resource" xlink:label="label1022" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_en-US">Capital expenditures</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1022" xlink:to="label1022" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="element1023" />
        <label xlink:type="resource" xlink:label="label1023" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_en-US">Purchase of held-to-maturity investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1023" xlink:to="label1023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="element1024" />
        <label xlink:type="resource" xlink:label="label1024" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_en-US">Purchase of held-to-maturity investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1024" xlink:to="label1024" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="element1025" />
        <label xlink:type="resource" xlink:label="label1025" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireOtherInvestments_en-US">Payments To Acquire Other Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1025" xlink:to="label1025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="element1026" />
        <label xlink:type="resource" xlink:label="label1026" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireOtherInvestments_en-US">Purchases of other investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1026" xlink:to="label1026" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="element1027" />
        <label xlink:type="resource" xlink:label="label1027" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsOfDividends_en-US">Dividends paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1027" xlink:to="label1027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="element1028" />
        <label xlink:type="resource" xlink:label="label1028" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsOfDividends_en-US">Dividends paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1028" xlink:to="label1028" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="element1029" />
        <label xlink:type="resource" xlink:label="label1029" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToMinorityShareholders_en-US">Payments To Minority Shareholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1029" xlink:to="label1029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="element1030" />
        <label xlink:type="resource" xlink:label="label1030" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToMinorityShareholders_en-US">Change in noncontrolling interest and (purchase)/redemption of subsidiary preferred stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1030" xlink:to="label1030" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PensionExpense" xlink:label="element1031" />
        <label xlink:type="resource" xlink:label="label1031" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PensionExpense_en-US">Pension expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1031" xlink:to="label1031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="element1032" />
        <label xlink:type="resource" xlink:label="label1032" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_en-US">Pension And Profit Sharing Plans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1032" xlink:to="label1032" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1033" />
        <label xlink:type="resource" xlink:label="label1033" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Policyholder Benefits And Claims Incurred Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1033" xlink:to="label1033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1034" />
        <label xlink:type="resource" xlink:label="label1034" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Policyholder (Benefits) And Claims Incurred Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1034" xlink:to="label1034" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1035" />
        <label xlink:type="resource" xlink:label="label1035" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Losses and LAE</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1035" xlink:to="label1035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1036" />
        <label xlink:type="resource" xlink:label="label1036" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Losses and loss adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1036" xlink:to="label1036" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredGross" xlink:label="element1037" />
        <label xlink:type="resource" xlink:label="label1037" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross_en-US">Policyholder Benefits And Claims Incurred Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1037" xlink:to="label1037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredGross" xlink:label="element1038" />
        <label xlink:type="resource" xlink:label="label1038" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross_en-US">Loss adjustment expense incurred, gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1038" xlink:to="label1038" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="element1039" />
        <label xlink:type="resource" xlink:label="label1039" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockParOrStatedValuePerShare_en-US">Preferred Stock Par Or Stated Value Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1039" xlink:to="label1039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="element1040" />
        <label xlink:type="resource" xlink:label="label1040" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockParOrStatedValuePerShare_en-US">Preferred stock, par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1040" xlink:to="label1040" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="element1041" />
        <label xlink:type="resource" xlink:label="label1041" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockLiquidationPreference_en-US">Preferred stock liquidation preference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1041" xlink:to="label1041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="element1042" />
        <label xlink:type="resource" xlink:label="label1042" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockValueOutstanding_en-US">Preferred stock, carrying value issued and outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1042" xlink:to="label1042" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="element1043" />
        <label xlink:type="resource" xlink:label="label1043" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockValue_en-US">Preferred Stock Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1043" xlink:to="label1043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="element1044" />
        <label xlink:type="resource" xlink:label="label1044" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockValue_en-US">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1044" xlink:to="label1044" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1045" />
        <label xlink:type="resource" xlink:label="label1045" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockSharesIssued_en-US">Preferred stock shares issued</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1045" xlink:to="label1045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1046" />
        <label xlink:type="resource" xlink:label="label1046" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockSharesIssued_en-US">Preferred stock, issued</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1046" xlink:to="label1046" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1047" />
        <label xlink:type="resource" xlink:label="label1047" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_PreferredStockSharesIssued_en-US">Balance (in preferred stock shares) as of</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1047" xlink:to="label1047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1048" />
        <label xlink:type="resource" xlink:label="label1048" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_PreferredStockSharesIssued_en-US">Balance (in preferred stock shares) as of</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1048" xlink:to="label1048" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="element1049" />
        <label xlink:type="resource" xlink:label="label1049" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockSharesAuthorized_en-US">Preferred Stock Shares Authorized</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1049" xlink:to="label1049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="element1050" />
        <label xlink:type="resource" xlink:label="label1050" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockSharesAuthorized_en-US">Preferred stock, authorized shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1050" xlink:to="label1050" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="element1051" />
        <label xlink:type="resource" xlink:label="label1051" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockSharesOutstanding_en-US">Preferred stock shares outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1051" xlink:to="label1051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="element1052" />
        <label xlink:type="resource" xlink:label="label1052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockSharesOutstanding_en-US">Preferred stock, outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1052" xlink:to="label1052" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="element1053" />
        <label xlink:type="resource" xlink:label="label1053" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockMember_en-US">Preferred Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1053" xlink:to="label1053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="element1054" />
        <label xlink:type="resource" xlink:label="label1054" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsWrittenNet_en-US">Net Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1054" xlink:to="label1054" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="element1055" />
        <label xlink:type="resource" xlink:label="label1055" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_PremiumsWrittenNet_en-US">Net Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1055" xlink:to="label1055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="element1056" />
        <label xlink:type="resource" xlink:label="label1056" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsEarnedNet_en-US">Premiums Earned Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1056" xlink:to="label1056" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="element1057" />
        <label xlink:type="resource" xlink:label="label1057" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_PremiumsEarnedNet_en-US">Premiums earned (net of ceded premiums of $12, $10 and $14)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1057" xlink:to="label1057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="element1058" />
        <label xlink:type="resource" xlink:label="label1058" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_en-US">Premiums Earned Net Financial Guarantee Insurance Contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1058" xlink:to="label1058" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="element1059" />
        <label xlink:type="resource" xlink:label="label1059" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_en-US">Scheduled premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1059" xlink:to="label1059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="element1060" />
        <label xlink:type="resource" xlink:label="label1060" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsEarnedNetByBusinessAbstract_en-US">Premiums Earned Net By Business [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1060" xlink:to="label1060" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="element1061" />
        <label xlink:type="resource" xlink:label="label1061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PremiumsEarnedNetByBusinessAbstract_en-US">Premiums earned:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1061" xlink:to="label1061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1062" />
        <label xlink:type="resource" xlink:label="label1062" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums Receivable At Carrying Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1062" xlink:to="label1062" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1063" />
        <label xlink:type="resource" xlink:label="label1063" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1063" xlink:to="label1063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1064" />
        <label xlink:type="resource" xlink:label="label1064" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums Receivable, Beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1064" xlink:to="label1064" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1065" />
        <label xlink:type="resource" xlink:label="label1065" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums Receivable, Ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1065" xlink:to="label1065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="element1066" />
        <label xlink:type="resource" xlink:label="label1066" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfDebt_en-US">Net proceeds from issuance of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1066" xlink:to="label1066" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="element1067" />
        <label xlink:type="resource" xlink:label="label1067" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_en-US">Proceeds From Payments For In Securities Sold Under Agreements To Repurchase</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1067" xlink:to="label1067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="element1068" />
        <label xlink:type="resource" xlink:label="label1068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_en-US">Payments for securities sold under agreements to repurchase</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1068" xlink:to="label1068" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="element1069" />
        <label xlink:type="resource" xlink:label="label1069" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_en-US">Proceeds From Sale And Collection Of Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1069" xlink:to="label1069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="element1070" />
        <label xlink:type="resource" xlink:label="label1070" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_en-US">Paydowns and maturities of loans receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1070" xlink:to="label1070" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="element1071" />
        <label xlink:type="resource" xlink:label="label1071" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_en-US">Proceeds From Issuance Of Other Long Term Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1071" xlink:to="label1071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="element1072" />
        <label xlink:type="resource" xlink:label="label1072" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_en-US">Proceeds from investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1072" xlink:to="label1072" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="element1073" />
        <label xlink:type="resource" xlink:label="label1073" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromInsurancePremiumsCollected_en-US">Proceeds From Insurance Premiums Collected</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1073" xlink:to="label1073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="element1074" />
        <label xlink:type="resource" xlink:label="label1074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromInsurancePremiumsCollected_en-US">Premiums, fees and reimbursements received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1074" xlink:to="label1074" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet" xlink:label="element1075" />
        <label xlink:type="resource" xlink:label="label1075" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_en-US">Proceeds from secured loan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1075" xlink:to="label1075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="element1076" />
        <label xlink:type="resource" xlink:label="label1076" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromLegalSettlements_en-US">Proceeds from legal settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1076" xlink:to="label1076" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="element1077" />
        <label xlink:type="resource" xlink:label="label1077" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromLegalSettlements_en-US">Amount received on litigation settlement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1077" xlink:to="label1077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="element1078" />
        <label xlink:type="resource" xlink:label="label1078" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromFeesReceived_en-US">Fees and reimbursements received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1078" xlink:to="label1078" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="element1079" />
        <label xlink:type="resource" xlink:label="label1079" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromNotesPayable_en-US">ProceedsFromNotesPayable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1079" xlink:to="label1079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="element1080" />
        <label xlink:type="resource" xlink:label="label1080" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromNotesPayable_en-US">Proceeds from issuance of variable interest entity notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1080" xlink:to="label1080" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="element1081" />
        <label xlink:type="resource" xlink:label="label1081" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_en-US">Paydowns and maturities of available-for-sale investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1081" xlink:to="label1081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="element1082" />
        <label xlink:type="resource" xlink:label="label1082" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_en-US">ProceedsFromInsuranceSettlementOperatingActivities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1082" xlink:to="label1082" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="element1083" />
        <label xlink:type="resource" xlink:label="label1083" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_en-US">Errors and omissions insurance recoveries received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1083" xlink:to="label1083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="element1084" />
        <label xlink:type="resource" xlink:label="label1084" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_en-US">Proceeds From Issuance Of Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1084" xlink:to="label1084" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="element1085" />
        <label xlink:type="resource" xlink:label="label1085" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_en-US">Proceeds from medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1085" xlink:to="label1085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="element1086" />
        <label xlink:type="resource" xlink:label="label1086" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromInterestAndDividendsReceived_en-US">Investment income received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1086" xlink:to="label1086" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="element1087" />
        <label xlink:type="resource" xlink:label="label1087" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_en-US">Sales, paydowns and maturities of held-to-maturity investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1087" xlink:to="label1087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="element1088" />
        <label xlink:type="resource" xlink:label="label1088" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_en-US">Proceeds From Sale Of Available For Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1088" xlink:to="label1088" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="element1089" />
        <label xlink:type="resource" xlink:label="label1089" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_en-US">Sales of available-for-sale investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1089" xlink:to="label1089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="element1090" />
        <label xlink:type="resource" xlink:label="label1090" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_en-US">Disposal of capital assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1090" xlink:to="label1090" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="element1091" />
        <label xlink:type="resource" xlink:label="label1091" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromStockPlans_en-US">Proceeds From Stock Plans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1091" xlink:to="label1091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="element1092" />
        <label xlink:type="resource" xlink:label="label1092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromStockPlans_en-US">Restricted stock awards settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1092" xlink:to="label1092" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="element1093" />
        <label xlink:type="resource" xlink:label="label1093" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProductOrServiceAxis_en-US">Product Or Service [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1093" xlink:to="label1093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="element1094" />
        <label xlink:type="resource" xlink:label="label1094" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentUsefulLife_en-US">Property Plant And Equipment Useful Life</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1094" xlink:to="label1094" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="element1095" />
        <label xlink:type="resource" xlink:label="label1095" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_en-US">Property and Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1095" xlink:to="label1095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="element1096" />
        <label xlink:type="resource" xlink:label="label1096" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentNet_en-US">Property Plant And Equipment Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1096" xlink:to="label1096" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="element1097" />
        <label xlink:type="resource" xlink:label="label1097" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PropertyPlantAndEquipmentNet_en-US">Property and equipment, at cost (less accumulated depreciation of $88 and $88)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1097" xlink:to="label1097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="element1098" />
        <label xlink:type="resource" xlink:label="label1098" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentAbstract_en-US">Property Plant And Equipment [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1098" xlink:to="label1098" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="element1099" />
        <label xlink:type="resource" xlink:label="label1099" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentTextBlock_en-US">Property Plant And Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1099" xlink:to="label1099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="element1100" />
        <label xlink:type="resource" xlink:label="label1100" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentTypeDomain_en-US">Property Plant And Equipment Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1100" xlink:to="label1100" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="element1101" />
        <label xlink:type="resource" xlink:label="label1101" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentByTypeAxis_en-US">Property Plant And Equipment By Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1101" xlink:to="label1101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="element1102" />
        <label xlink:type="resource" xlink:label="label1102" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentLineItems_en-US">Property Plant And Equipment [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1102" xlink:to="label1102" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="element1103" />
        <label xlink:type="resource" xlink:label="label1103" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RangeAxis_en-US">Range [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1103" xlink:to="label1103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="element1104" />
        <label xlink:type="resource" xlink:label="label1104" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RangeAxis_en-US">Range [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1104" xlink:to="label1104" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="element1105" />
        <label xlink:type="resource" xlink:label="label1105" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReceivableTypeDomain_en-US">Receivable Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1105" xlink:to="label1105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="element1106" />
        <label xlink:type="resource" xlink:label="label1106" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReceivableTypeDomain_en-US">Receivable Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1106" xlink:to="label1106" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="element1107" />
        <label xlink:type="resource" xlink:label="label1107" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_en-US">Amounts reclassified from AOCI [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1107" xlink:to="label1107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="element1108" />
        <label xlink:type="resource" xlink:label="label1108" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_en-US">Reclassification Out Of Accumulated Other Comprehensive Income [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1108" xlink:to="label1108" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="element1109" />
        <label xlink:type="resource" xlink:label="label1109" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_en-US">Reclassification Out Of Accumulated Other Comprehensive Income [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1109" xlink:to="label1109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock" xlink:label="element1110" />
        <label xlink:type="resource" xlink:label="label1110" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_en-US">Reclassifications From Aoci [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1110" xlink:to="label1110" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock" xlink:label="element1111" />
        <label xlink:type="resource" xlink:label="label1111" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_en-US">Reclassifications From AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1111" xlink:to="label1111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="element1112" />
        <label xlink:type="resource" xlink:label="label1112" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_en-US">ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1112" xlink:to="label1112" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="element1113" />
        <label xlink:type="resource" xlink:label="label1113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_en-US">Amounts reclassified from AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1113" xlink:to="label1113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="element1114" />
        <label xlink:type="resource" xlink:label="label1114" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_en-US">Amounts reclassified from AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1114" xlink:to="label1114" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="element1115" />
        <label xlink:type="resource" xlink:label="label1115" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_en-US">ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1115" xlink:to="label1115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="element1116" />
        <label xlink:type="resource" xlink:label="label1116" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_en-US">Reconciliation Of Operating Profit Loss From Segments To Consolidated [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1116" xlink:to="label1116" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="element1117" />
        <label xlink:type="resource" xlink:label="label1117" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_en-US">Summary of company's segment results</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1117" xlink:to="label1117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis" xlink:label="element1118" />
        <label xlink:type="resource" xlink:label="label1118" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_en-US">Reinsurance Premiums For Insurance Companies By Product Segment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1118" xlink:to="label1118" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnUnpaidLosses" xlink:label="element1119" />
        <label xlink:type="resource" xlink:label="label1119" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceRecoverablesOnUnpaidLosses_en-US">Reinsurance recoverables on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1119" xlink:to="label1119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="element1120" />
        <label xlink:type="resource" xlink:label="label1120" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceRecoverablesOnPaidLosses_en-US">Reinsurance recoverables on paid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1120" xlink:to="label1120" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="element1121" />
        <label xlink:type="resource" xlink:label="label1121" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceReceivablesCaseBasis_en-US">Reinsurance Receivables Case Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1121" xlink:to="label1121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="element1122" />
        <label xlink:type="resource" xlink:label="label1122" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ReinsuranceReceivablesCaseBasis_en-US">Reinsurance recoverable on paid and unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1122" xlink:to="label1122" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesPaidLossesRecoverable" xlink:label="element1123" />
        <label xlink:type="resource" xlink:label="label1123" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_en-US">Reinsurance Receivables Paid Losses Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1123" xlink:to="label1123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesPaidLossesRecoverable" xlink:label="element1124" />
        <label xlink:type="resource" xlink:label="label1124" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_en-US">Reinsurance recoverable on paid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1124" xlink:to="label1124" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims" xlink:label="element1125" />
        <label xlink:type="resource" xlink:label="label1125" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_en-US">Reinsurance Receivables Incurred But Not Reported Claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1125" xlink:to="label1125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims" xlink:label="element1126" />
        <label xlink:type="resource" xlink:label="label1126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_en-US">Reinsurance recoverable on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1126" xlink:to="label1126" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="element1127" />
        <label xlink:type="resource" xlink:label="label1127" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceRecoverables_en-US">Reinsurance Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1127" xlink:to="label1127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePayable" xlink:label="element1128" />
        <label xlink:type="resource" xlink:label="label1128" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsurancePayable_en-US">Reinsurance premiums payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1128" xlink:to="label1128" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain" xlink:label="element1129" />
        <label xlink:type="resource" xlink:label="label1129" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_en-US">Reinsurance Premiums For Insurance Companies By Product Segment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1129" xlink:to="label1129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceCostsAndRecoveriesNet" xlink:label="element1130" />
        <label xlink:type="resource" xlink:label="label1130" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceCostsAndRecoveriesNet_en-US">Reinsurance Costs And Recoveries Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1130" xlink:to="label1130" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceCostsAndRecoveriesNet" xlink:label="element1131" />
        <label xlink:type="resource" xlink:label="label1131" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ReinsuranceCostsAndRecoveriesNet_en-US">Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1131" xlink:to="label1131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="element1132" />
        <label xlink:type="resource" xlink:label="label1132" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_en-US">Related Party Transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1132" xlink:to="label1132" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="element1133" />
        <label xlink:type="resource" xlink:label="label1133" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RelatedPartyTransactionsAbstract_en-US">Related Party Transactions [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1133" xlink:to="label1133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="element1134" />
        <label xlink:type="resource" xlink:label="label1134" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfLongTermDebt_en-US">Repayments Of Long Term Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1134" xlink:to="label1134" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="element1135" />
        <label xlink:type="resource" xlink:label="label1135" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfLongTermDebt_en-US">Payments for retirement of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1135" xlink:to="label1135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="element1136" />
        <label xlink:type="resource" xlink:label="label1136" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfMediumTermNotes_en-US">Repayments Of Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1136" xlink:to="label1136" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="element1137" />
        <label xlink:type="resource" xlink:label="label1137" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfMediumTermNotes_en-US">Principal paydowns of medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1137" xlink:to="label1137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="element1138" />
        <label xlink:type="resource" xlink:label="label1138" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfNotesPayable_en-US">Repayments Of Notes Payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1138" xlink:to="label1138" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="element1139" />
        <label xlink:type="resource" xlink:label="label1139" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfNotesPayable_en-US">Principal paydowns of variable interest entity notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1139" xlink:to="label1139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations" xlink:label="element1140" />
        <label xlink:type="resource" xlink:label="label1140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_en-US">Repayment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1140" xlink:to="label1140" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="element1141" />
        <label xlink:type="resource" xlink:label="label1141" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfOtherLongTermDebt_en-US">Repayments Of Other Long Term Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1141" xlink:to="label1141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="element1142" />
        <label xlink:type="resource" xlink:label="label1142" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfOtherLongTermDebt_en-US">Principal paydowns of investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1142" xlink:to="label1142" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="element1143" />
        <label xlink:type="resource" xlink:label="label1143" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfRelatedPartyDebt_en-US">RepaymentsOfRelatedPartyDebt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1143" xlink:to="label1143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="element1144" />
        <label xlink:type="resource" xlink:label="label1144" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfRelatedPartyDebt_en-US">Payments for affiliate loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1144" xlink:to="label1144" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="element1145" />
        <label xlink:type="resource" xlink:label="label1145" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepurchaseAgreementCounterpartyNameDomain_en-US">Counterparty Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1145" xlink:to="label1145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="element1146" />
        <label xlink:type="resource" xlink:label="label1146" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ResidentialMortgageBackedSecuritiesMember_en-US">Residential Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1146" xlink:to="label1146" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="element1147" />
        <label xlink:type="resource" xlink:label="label1147" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ResidentialMortgageBackedSecuritiesMember_en-US">Residential Mortgage-Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1147" xlink:to="label1147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialPrimeFinancingReceivableMember" xlink:label="element1148" />
        <label xlink:type="resource" xlink:label="label1148" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ResidentialPrimeFinancingReceivableMember_en-US">Residential Prime Financing Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1148" xlink:to="label1148" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialPrimeFinancingReceivableMember" xlink:label="element1149" />
        <label xlink:type="resource" xlink:label="label1149" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ResidentialPrimeFinancingReceivableMember_en-US">Residential Loans Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1149" xlink:to="label1149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="element1150" />
        <label xlink:type="resource" xlink:label="label1150" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RestrictedStockMember_en-US">Restricted Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1150" xlink:to="label1150" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="element1151" />
        <label xlink:type="resource" xlink:label="label1151" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RetainedEarningsMember_en-US">Retained Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1151" xlink:to="label1151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="element1152" />
        <label xlink:type="resource" xlink:label="label1152" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RetainedEarningsMember_en-US">Retained Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1152" xlink:to="label1152" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="element1153" />
        <label xlink:type="resource" xlink:label="label1153" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RetainedEarningsAccumulatedDeficit_en-US">Retained Earnings Accumulated Deficit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1153" xlink:to="label1153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="element1154" />
        <label xlink:type="resource" xlink:label="label1154" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RetainedEarningsAccumulatedDeficit_en-US">Retained earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1154" xlink:to="label1154" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="element1155" />
        <label xlink:type="resource" xlink:label="label1155" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RevenueRecognitionPolicyTextBlock_en-US">Fee and Reimbursement Revenue Recognition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1155" xlink:to="label1155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="element1156" />
        <label xlink:type="resource" xlink:label="label1156" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RevenueOtherFinancialServices_en-US">Revenue Other Financial Services</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1156" xlink:to="label1156" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="element1157" />
        <label xlink:type="resource" xlink:label="label1157" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RevenueOtherFinancialServices_en-US">Revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1157" xlink:to="label1157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="element1158" />
        <label xlink:type="resource" xlink:label="label1158" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Revenues_en-US">Revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1158" xlink:to="label1158" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="element1159" />
        <label xlink:type="resource" xlink:label="label1159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Revenues_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1159" xlink:to="label1159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="element1160" />
        <label xlink:type="resource" xlink:label="label1160" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Revenues_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1160" xlink:to="label1160" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="element1161" />
        <label xlink:type="resource" xlink:label="label1161" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RevenuesAbstract_en-US">Revenues [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1161" xlink:to="label1161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="element1162" />
        <label xlink:type="resource" xlink:label="label1162" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RevenuesAbstract_en-US">Revenues:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1162" xlink:to="label1162" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SurplusNotes" xlink:label="element1163" />
        <label xlink:type="resource" xlink:label="label1163" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SurplusNotes_en-US">Surplus notes outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1163" xlink:to="label1163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="element1164" />
        <label xlink:type="resource" xlink:label="label1164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_en-US">Aggregate Intrinsic Value, Stock Options Exercisable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1164" xlink:to="label1164" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="element1165" />
        <label xlink:type="resource" xlink:label="label1165" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_en-US">Long-term incentive awards expiration period, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1165" xlink:to="label1165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="element1166" />
        <label xlink:type="resource" xlink:label="label1166" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_en-US">Options exercisable in years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1166" xlink:to="label1166" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="element1167" />
        <label xlink:type="resource" xlink:label="label1167" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_en-US">Weighted Average Remaining Contractual Life in Years, Stock Options Exercisable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1167" xlink:to="label1167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="element1168" />
        <label xlink:type="resource" xlink:label="label1168" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_en-US">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1168" xlink:to="label1168" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="element1169" />
        <label xlink:type="resource" xlink:label="label1169" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScenarioPreviouslyReportedMember_en-US">Previously reported [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1169" xlink:to="label1169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="element1170" />
        <label xlink:type="resource" xlink:label="label1170" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScenarioForecastMember_en-US">Scenario Forecast [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1170" xlink:to="label1170" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="element1171" />
        <label xlink:type="resource" xlink:label="label1171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScenarioForecastMember_en-US">Scenario, Forecast [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1171" xlink:to="label1171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="element1172" />
        <label xlink:type="resource" xlink:label="label1172" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScenarioUnspecifiedDomain_en-US">Scenario Unspecified [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1172" xlink:to="label1172" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="element1173" />
        <label xlink:type="resource" xlink:label="label1173" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScenarioUnspecifiedDomain_en-US">Scenario, Unspecified [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1173" xlink:to="label1173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="element1174" />
        <label xlink:type="resource" xlink:label="label1174" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_en-US">Schedule Of Available For Sale Securities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1174" xlink:to="label1174" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="element1175" />
        <label xlink:type="resource" xlink:label="label1175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_en-US">Schedule of Available-for-sale Securities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1175" xlink:to="label1175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="element1176" />
        <label xlink:type="resource" xlink:label="label1176" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInvestmentsTable_en-US">Schedule Of Investments [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1176" xlink:to="label1176" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="element1177" />
        <label xlink:type="resource" xlink:label="label1177" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInvestmentsTable_en-US">Schedule of Investments [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1177" xlink:to="label1177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="element1178" />
        <label xlink:type="resource" xlink:label="label1178" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_en-US">Stock Options Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1178" xlink:to="label1178" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfRealizedGainLossTableTextBlock" xlink:label="element1179" />
        <label xlink:type="resource" xlink:label="label1179" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_en-US">Gross Realized Gains and Losses From Sales Of Available-For-Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1179" xlink:to="label1179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfRealizedGainLossTableTextBlock" xlink:label="element1180" />
        <label xlink:type="resource" xlink:label="label1180" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_en-US">Schedule Of Realized Gain Loss [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1180" xlink:to="label1180" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="element1181" />
        <label xlink:type="resource" xlink:label="label1181" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_en-US">Number Of Significant Options Granted And Assumptions Used For Valuing Option Grants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1181" xlink:to="label1181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="element1182" />
        <label xlink:type="resource" xlink:label="label1182" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_en-US">Schedule Of Components Of Income Tax Expense Benefit Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1182" xlink:to="label1182" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="element1183" />
        <label xlink:type="resource" xlink:label="label1183" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_en-US">Income tax expense (benefit) on income (loss) and shareholder' equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1183" xlink:to="label1183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="element1184" />
        <label xlink:type="resource" xlink:label="label1184" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_en-US">Schedule Of Other Than Temporary Impairment Credit Losses Recognized In Earnings [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1184" xlink:to="label1184" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="element1185" />
        <label xlink:type="resource" xlink:label="label1185" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_en-US">Schedule of Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1185" xlink:to="label1185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="element1186" />
        <label xlink:type="resource" xlink:label="label1186" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_en-US">Aggregate maturity of debt obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1186" xlink:to="label1186" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="element1187" />
        <label xlink:type="resource" xlink:label="label1187" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_en-US">Schedule Of Effective Income Tax Rate Reconciliation Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1187" xlink:to="label1187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="element1188" />
        <label xlink:type="resource" xlink:label="label1188" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_en-US">Income tax rate reconciliation from statutory to effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1188" xlink:to="label1188" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="element1189" />
        <label xlink:type="resource" xlink:label="label1189" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_en-US">Schedule Of Income Before Income Tax Domestic And Foreign Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1189" xlink:to="label1189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="element1190" />
        <label xlink:type="resource" xlink:label="label1190" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_en-US">Income (loss) from operations before provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1190" xlink:to="label1190" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="element1191" />
        <label xlink:type="resource" xlink:label="label1191" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_en-US">Schedule Of Deferred Tax Assets And Liabilities Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1191" xlink:to="label1191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="element1192" />
        <label xlink:type="resource" xlink:label="label1192" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_en-US">Deferred tax assets and liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1192" xlink:to="label1192" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="element1193" />
        <label xlink:type="resource" xlink:label="label1193" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_en-US">ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1193" xlink:to="label1193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="element1194" />
        <label xlink:type="resource" xlink:label="label1194" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_en-US">Change in unrecognized tax benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1194" xlink:to="label1194" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="element1195" />
        <label xlink:type="resource" xlink:label="label1195" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_en-US">Restricted Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1195" xlink:to="label1195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock" xlink:label="element1196" />
        <label xlink:type="resource" xlink:label="label1196" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_en-US">Schedule Of Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1196" xlink:to="label1196" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock" xlink:label="element1197" />
        <label xlink:type="resource" xlink:label="label1197" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_en-US">Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1197" xlink:to="label1197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="element1198" />
        <label xlink:type="resource" xlink:label="label1198" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInvestmentsLineItems_en-US">Schedule Of Investments [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1198" xlink:to="label1198" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="element1199" />
        <label xlink:type="resource" xlink:label="label1199" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInvestmentsLineItems_en-US">Schedule of Investments [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1199" xlink:to="label1199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="element1200" />
        <label xlink:type="resource" xlink:label="label1200" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_en-US">Schedule Of Available For Sale Securities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1200" xlink:to="label1200" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="element1201" />
        <label xlink:type="resource" xlink:label="label1201" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_en-US">Schedule of Available-for-sale Securities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1201" xlink:to="label1201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="element1202" />
        <label xlink:type="resource" xlink:label="label1202" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_en-US">Schedule Of Business Acquisitions By Acquisition [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1202" xlink:to="label1202" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="element1203" />
        <label xlink:type="resource" xlink:label="label1203" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_en-US">Schedule of Business Acquisitions, by Acquisition [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1203" xlink:to="label1203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="element1204" />
        <label xlink:type="resource" xlink:label="label1204" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_en-US">Changes In Components Of Aoci [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1204" xlink:to="label1204" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="element1205" />
        <label xlink:type="resource" xlink:label="label1205" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_en-US">Changes In The Components Of AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1205" xlink:to="label1205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="element1206" />
        <label xlink:type="resource" xlink:label="label1206" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDebtInstrumentsTextBlock_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1206" xlink:to="label1206" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="element1207" />
        <label xlink:type="resource" xlink:label="label1207" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_en-US">Schedule of Defined Benefit Plans Disclosures [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1207" xlink:to="label1207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="element1208" />
        <label xlink:type="resource" xlink:label="label1208" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment Category [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1208" xlink:to="label1208" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="element1209" />
        <label xlink:type="resource" xlink:label="label1209" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment, Category [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1209" xlink:to="label1209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock" xlink:label="element1210" />
        <label xlink:type="resource" xlink:label="label1210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_en-US">Schedule Of Fair Value Off Balance Sheet Risks [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1210" xlink:to="label1210" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock" xlink:label="element1211" />
        <label xlink:type="resource" xlink:label="label1211" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_en-US">Fair Value Hierarchy Table Presents The Company's Assets And Liabilities Not Recorded At Fair Value On The Company's Consolidated Balance Sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1211" xlink:to="label1211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="element1212" />
        <label xlink:type="resource" xlink:label="label1212" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1212" xlink:to="label1212" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="element1213" />
        <label xlink:type="resource" xlink:label="label1213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1213" xlink:to="label1213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="element1214" />
        <label xlink:type="resource" xlink:label="label1214" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_en-US">Schedule Of Long Lived Assets Held For Sale [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1214" xlink:to="label1214" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="element1215" />
        <label xlink:type="resource" xlink:label="label1215" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_en-US">Held For Sale [Table}</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1215" xlink:to="label1215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="element1216" />
        <label xlink:type="resource" xlink:label="label1216" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_en-US">Schedule Of Fair Value Off Balance Sheet Risks [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1216" xlink:to="label1216" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="element1217" />
        <label xlink:type="resource" xlink:label="label1217" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_en-US">Schedule of Fair Value, Off-balance Sheet Risks [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1217" xlink:to="label1217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="element1218" />
        <label xlink:type="resource" xlink:label="label1218" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1218" xlink:to="label1218" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="element1219" />
        <label xlink:type="resource" xlink:label="label1219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1219" xlink:to="label1219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfExtinguishmentOfDebtTable" xlink:label="element1220" />
        <label xlink:type="resource" xlink:label="label1220" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfExtinguishmentOfDebtTable_en-US">Schedule Of Extinguishment Of Debt [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1220" xlink:to="label1220" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="element1221" />
        <label xlink:type="resource" xlink:label="label1221" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfGuaranteeObligationsTable_en-US">Schedule of Guarantor Obligations [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1221" xlink:to="label1221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="element1222" />
        <label xlink:type="resource" xlink:label="label1222" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1222" xlink:to="label1222" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="element1223" />
        <label xlink:type="resource" xlink:label="label1223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1223" xlink:to="label1223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="element1224" />
        <label xlink:type="resource" xlink:label="label1224" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_en-US">Schedule Of Property Plant And Equipment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1224" xlink:to="label1224" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="element1225" />
        <label xlink:type="resource" xlink:label="label1225" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1225" xlink:to="label1225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="element1226" />
        <label xlink:type="resource" xlink:label="label1226" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_en-US">Schedule Of Segment Reporting Information By Segment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1226" xlink:to="label1226" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="element1227" />
        <label xlink:type="resource" xlink:label="label1227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_en-US">Schedule of Segment Reporting Information, by Segment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1227" xlink:to="label1227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="element1228" />
        <label xlink:type="resource" xlink:label="label1228" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_en-US">Schedule Of Trading Securities And Other Trading Assets [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1228" xlink:to="label1228" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="element1229" />
        <label xlink:type="resource" xlink:label="label1229" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_en-US">Schedule of Trading Securities and Other Trading Assets [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1229" xlink:to="label1229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="element1230" />
        <label xlink:type="resource" xlink:label="label1230" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_en-US">Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1230" xlink:to="label1230" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="element1231" />
        <label xlink:type="resource" xlink:label="label1231" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_en-US">Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1231" xlink:to="label1231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="element1232" />
        <label xlink:type="resource" xlink:label="label1232" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_en-US">Schedule Of Accounts Notes Loans And Financing Receivable [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1232" xlink:to="label1232" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="element1233" />
        <label xlink:type="resource" xlink:label="label1233" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1233" xlink:to="label1233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="element1234" />
        <label xlink:type="resource" xlink:label="label1234" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_en-US">Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1234" xlink:to="label1234" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="element1235" />
        <label xlink:type="resource" xlink:label="label1235" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfSubsequentEventsTextBlock_en-US">Schedule Of Subsequent Events [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1235" xlink:to="label1235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="element1236" />
        <label xlink:type="resource" xlink:label="label1236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfSubsequentEventsTextBlock_en-US">Subsequent Events</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1236" xlink:to="label1236" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="element1237" />
        <label xlink:type="resource" xlink:label="label1237" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_en-US">Schedule Of Variable Interest Entities [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1237" xlink:to="label1237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="element1238" />
        <label xlink:type="resource" xlink:label="label1238" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_en-US">Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1238" xlink:to="label1238" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="element1239" />
        <label xlink:type="resource" xlink:label="label1239" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1239" xlink:to="label1239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="element1240" />
        <label xlink:type="resource" xlink:label="label1240" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_en-US">Gross claim liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1240" xlink:to="label1240" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="element1241" />
        <label xlink:type="resource" xlink:label="label1241" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_en-US">Gross Undiscounted Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1241" xlink:to="label1241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="element1242" />
        <label xlink:type="resource" xlink:label="label1242" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1242" xlink:to="label1242" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="element1243" />
        <label xlink:type="resource" xlink:label="label1243" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_en-US">Less: Gross potential recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1243" xlink:to="label1243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="element1244" />
        <label xlink:type="resource" xlink:label="label1244" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_en-US">Potential Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1244" xlink:to="label1244" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="element1245" />
        <label xlink:type="resource" xlink:label="label1245" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1245" xlink:to="label1245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="element1246" />
        <label xlink:type="resource" xlink:label="label1246" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_en-US">Net claim liability (recoverable)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1246" xlink:to="label1246" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="element1247" />
        <label xlink:type="resource" xlink:label="label1247" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_en-US">Net claim liability (recoverable)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1247" xlink:to="label1247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="element1248" />
        <label xlink:type="resource" xlink:label="label1248" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1248" xlink:to="label1248" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="element1249" />
        <label xlink:type="resource" xlink:label="label1249" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_en-US">Discount, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1249" xlink:to="label1249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock" xlink:label="element1250" />
        <label xlink:type="resource" xlink:label="label1250" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1250" xlink:to="label1250" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock" xlink:label="element1251" />
        <label xlink:type="resource" xlink:label="label1251" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_en-US">Schedule Of Financial Guarantees And Related Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1251" xlink:to="label1251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="element1252" />
        <label xlink:type="resource" xlink:label="label1252" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1252" xlink:to="label1252" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="element1253" />
        <label xlink:type="resource" xlink:label="label1253" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_en-US">Gross Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1253" xlink:to="label1253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="element1254" />
        <label xlink:type="resource" xlink:label="label1254" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_en-US">Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1254" xlink:to="label1254" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="element1255" />
        <label xlink:type="resource" xlink:label="label1255" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1255" xlink:to="label1255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="element1256" />
        <label xlink:type="resource" xlink:label="label1256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_en-US">Unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1256" xlink:to="label1256" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="element1257" />
        <label xlink:type="resource" xlink:label="label1257" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1257" xlink:to="label1257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="element1258" />
        <label xlink:type="resource" xlink:label="label1258" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_en-US">Number of issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1258" xlink:to="label1258" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="element1259" />
        <label xlink:type="resource" xlink:label="label1259" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1259" xlink:to="label1259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="element1260" />
        <label xlink:type="resource" xlink:label="label1260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1260" xlink:to="label1260" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="element1261" />
        <label xlink:type="resource" xlink:label="label1261" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1261" xlink:to="label1261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock" xlink:label="element1262" />
        <label xlink:type="resource" xlink:label="label1262" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_en-US">Outstanding Stock Options</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1262" xlink:to="label1262" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="element1263" />
        <label xlink:type="resource" xlink:label="label1263" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1263" xlink:to="label1263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="element1264" />
        <label xlink:type="resource" xlink:label="label1264" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_en-US">Outstanding Gross Principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1264" xlink:to="label1264" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="element1265" />
        <label xlink:type="resource" xlink:label="label1265" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_en-US">Principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1265" xlink:to="label1265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="element1266" />
        <label xlink:type="resource" xlink:label="label1266" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfVariableInterestEntitiesTable_en-US">Schedule Of Variable Interest Entities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1266" xlink:to="label1266" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="element1267" />
        <label xlink:type="resource" xlink:label="label1267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfVariableInterestEntitiesTable_en-US">Schedule of Variable Interest Entities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1267" xlink:to="label1267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="element1268" />
        <label xlink:type="resource" xlink:label="label1268" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_en-US">Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1268" xlink:to="label1268" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="element1269" />
        <label xlink:type="resource" xlink:label="label1269" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_en-US">Effect Of Derivative Instruments On Consolidated Statements Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1269" xlink:to="label1269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="element1270" />
        <label xlink:type="resource" xlink:label="label1270" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_en-US">Securities sold under agreements to repurchase</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1270" xlink:to="label1270" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="element1271" />
        <label xlink:type="resource" xlink:label="label1271" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecuritiesPledgedAsCollateralMember_en-US">Securities Pledged As Collateral [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1271" xlink:to="label1271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="element1272" />
        <label xlink:type="resource" xlink:label="label1272" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SecuritiesPledgedAsCollateralMember_en-US">Fair Value Of The Collateral Pledged By MBIA Inc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1272" xlink:to="label1272" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="element1273" />
        <label xlink:type="resource" xlink:label="label1273" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_en-US">Security Owned And Pledged As Collateral Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1273" xlink:to="label1273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="element1274" />
        <label xlink:type="resource" xlink:label="label1274" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_en-US">Fair value of securities pledged as collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1274" xlink:to="label1274" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="element1275" />
        <label xlink:type="resource" xlink:label="label1275" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentReportingInformationLineItems_en-US">Segment Reporting Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1275" xlink:to="label1275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="element1276" />
        <label xlink:type="resource" xlink:label="label1276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentReportingInformationLineItems_en-US">Segment Reporting Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1276" xlink:to="label1276" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="element1277" />
        <label xlink:type="resource" xlink:label="label1277" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentDomain_en-US">Segment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1277" xlink:to="label1277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="element1278" />
        <label xlink:type="resource" xlink:label="label1278" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentDomain_en-US">Segment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1278" xlink:to="label1278" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="element1279" />
        <label xlink:type="resource" xlink:label="label1279" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentReportingAbstract_en-US">Segment Reporting [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1279" xlink:to="label1279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="element1280" />
        <label xlink:type="resource" xlink:label="label1280" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentReportingDisclosureTextBlock_en-US">Segment Reporting Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1280" xlink:to="label1280" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="element1281" />
        <label xlink:type="resource" xlink:label="label1281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentReportingDisclosureTextBlock_en-US">Business Segments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1281" xlink:to="label1281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="element1282" />
        <label xlink:type="resource" xlink:label="label1282" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentOperatingActivitiesDomain_en-US">Segment Operating Activities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1282" xlink:to="label1282" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="element1283" />
        <label xlink:type="resource" xlink:label="label1283" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentOperatingActivitiesDomain_en-US">Segment, Operating Activities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1283" xlink:to="label1283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="element1284" />
        <label xlink:type="resource" xlink:label="label1284" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentGeographicalDomain_en-US">Segment Geographical [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1284" xlink:to="label1284" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="element1285" />
        <label xlink:type="resource" xlink:label="label1285" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentGeographicalDomain_en-US">Segment, Geographical [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1285" xlink:to="label1285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="element1286" />
        <label xlink:type="resource" xlink:label="label1286" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SellingGeneralAndAdministrativeExpense_en-US">Selling General And Administrative Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1286" xlink:to="label1286" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="element1287" />
        <label xlink:type="resource" xlink:label="label1287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SellingGeneralAndAdministrativeExpense_en-US">Operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1287" xlink:to="label1287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="element1288" />
        <label xlink:type="resource" xlink:label="label1288" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_SellingGeneralAndAdministrativeExpense_en-US">Operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1288" xlink:to="label1288" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SeveranceCosts1" xlink:label="element1289" />
        <label xlink:type="resource" xlink:label="label1289" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SeveranceCosts1_en-US">Severance costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1289" xlink:to="label1289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="element1290" />
        <label xlink:type="resource" xlink:label="label1290" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_en-US">Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1290" xlink:to="label1290" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="element1291" />
        <label xlink:type="resource" xlink:label="label1291" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_en-US">Number of Restricted Shares Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1291" xlink:to="label1291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1292" />
        <label xlink:type="resource" xlink:label="label1292" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_en-US">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1292" xlink:to="label1292" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1293" />
        <label xlink:type="resource" xlink:label="label1293" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_en-US">Granted, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1293" xlink:to="label1293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="element1294" />
        <label xlink:type="resource" xlink:label="label1294" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_en-US">Granted, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1294" xlink:to="label1294" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="element1295" />
        <label xlink:type="resource" xlink:label="label1295" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_en-US">Other than options outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1295" xlink:to="label1295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="element1296" />
        <label xlink:type="resource" xlink:label="label1296" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_en-US">Outstanding at beginning of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1296" xlink:to="label1296" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="element1297" />
        <label xlink:type="resource" xlink:label="label1297" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_en-US">Outstanding at end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1297" xlink:to="label1297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="element1298" />
        <label xlink:type="resource" xlink:label="label1298" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_en-US">Vested</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1298" xlink:to="label1298" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="element1299" />
        <label xlink:type="resource" xlink:label="label1299" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_en-US">Vested</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1299" xlink:to="label1299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="element1300" />
        <label xlink:type="resource" xlink:label="label1300" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensation_en-US">Share based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1300" xlink:to="label1300" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="element1301" />
        <label xlink:type="resource" xlink:label="label1301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensation_en-US">Share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1301" xlink:to="label1301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="element1302" />
        <label xlink:type="resource" xlink:label="label1302" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_en-US">Long-term incentive awards vesting period, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1302" xlink:to="label1302" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="element1303" />
        <label xlink:type="resource" xlink:label="label1303" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1303" xlink:to="label1303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="element1304" />
        <label xlink:type="resource" xlink:label="label1304" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_en-US">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1304" xlink:to="label1304" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="element1305" />
        <label xlink:type="resource" xlink:label="label1305" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_en-US">Outstanding at beginning of year, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1305" xlink:to="label1305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="element1306" />
        <label xlink:type="resource" xlink:label="label1306" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_en-US">Outstanding at end of year, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1306" xlink:to="label1306" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="element1307" />
        <label xlink:type="resource" xlink:label="label1307" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_en-US">Forfeited, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1307" xlink:to="label1307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="element1308" />
        <label xlink:type="resource" xlink:label="label1308" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_en-US">Forfeited</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1308" xlink:to="label1308" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="element1309" />
        <label xlink:type="resource" xlink:label="label1309" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_en-US">Forfeited</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1309" xlink:to="label1309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="element1310" />
        <label xlink:type="resource" xlink:label="label1310" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_en-US">Expired or canceled, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1310" xlink:to="label1310" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="element1311" />
        <label xlink:type="resource" xlink:label="label1311" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_en-US">Exercised, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1311" xlink:to="label1311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="element1312" />
        <label xlink:type="resource" xlink:label="label1312" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_en-US">Number of options granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1312" xlink:to="label1312" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="element1313" />
        <label xlink:type="resource" xlink:label="label1313" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_en-US">Exercise price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1313" xlink:to="label1313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="element1314" />
        <label xlink:type="resource" xlink:label="label1314" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_en-US">Exercisable at end of year, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1314" xlink:to="label1314" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="element1315" />
        <label xlink:type="resource" xlink:label="label1315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_en-US">Weighted Average Exercise Price, Stock Options Exercisable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1315" xlink:to="label1315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1316" />
        <label xlink:type="resource" xlink:label="label1316" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_en-US">Vested, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1316" xlink:to="label1316" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="element1317" />
        <label xlink:type="resource" xlink:label="label1317" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_en-US">Number of Options, Exercisable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1317" xlink:to="label1317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="element1318" />
        <label xlink:type="resource" xlink:label="label1318" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_en-US">Number of shares, exercisable at end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1318" xlink:to="label1318" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="element1319" />
        <label xlink:type="resource" xlink:label="label1319" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_en-US">Shares/units available for future grants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1319" xlink:to="label1319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="element1320" />
        <label xlink:type="resource" xlink:label="label1320" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_en-US">Total number of shares of common stock reserved and available for issuance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1320" xlink:to="label1320" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1321" />
        <label xlink:type="resource" xlink:label="label1321" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_en-US">Weighted average fair value per share of options granted during the year, Weighted Avg. Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1321" xlink:to="label1321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="element1322" />
        <label xlink:type="resource" xlink:label="label1322" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_en-US">Options expired or canceled</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1322" xlink:to="label1322" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="element1323" />
        <label xlink:type="resource" xlink:label="label1323" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_en-US">Options expired or canceled</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1323" xlink:to="label1323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="element1324" />
        <label xlink:type="resource" xlink:label="label1324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_en-US">Weighted Average Exercise Price, Stock Options Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1324" xlink:to="label1324" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="element1325" />
        <label xlink:type="resource" xlink:label="label1325" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_en-US">Outstanding at beginning of year, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1325" xlink:to="label1325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="element1326" />
        <label xlink:type="resource" xlink:label="label1326" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_en-US">Outstanding at end of year, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1326" xlink:to="label1326" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="element1327" />
        <label xlink:type="resource" xlink:label="label1327" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_en-US">Stock-Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1327" xlink:to="label1327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="element1328" />
        <label xlink:type="resource" xlink:label="label1328" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_en-US">Number of Options, Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1328" xlink:to="label1328" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="element1329" />
        <label xlink:type="resource" xlink:label="label1329" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_en-US">Number of shares, outstanding at beginning of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1329" xlink:to="label1329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="element1330" />
        <label xlink:type="resource" xlink:label="label1330" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_en-US">Number of shares, outstanding at end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1330" xlink:to="label1330" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="element1331" />
        <label xlink:type="resource" xlink:label="label1331" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1331" xlink:to="label1331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="element1332" />
        <label xlink:type="resource" xlink:label="label1332" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_en-US">Aggregate Intrinsic Value, Stock Options Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1332" xlink:to="label1332" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="element1333" />
        <label xlink:type="resource" xlink:label="label1333" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_en-US">Exercise Price Range [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1333" xlink:to="label1333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="element1334" />
        <label xlink:type="resource" xlink:label="label1334" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1334" xlink:to="label1334" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="element1335" />
        <label xlink:type="resource" xlink:label="label1335" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_en-US">Award Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1335" xlink:to="label1335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" xlink:label="element1336" />
        <label xlink:type="resource" xlink:label="label1336" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_en-US">Range of Average Exercise Price, Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1336" xlink:to="label1336" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" xlink:label="element1337" />
        <label xlink:type="resource" xlink:label="label1337" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_en-US">Range of Average Exercise Price, Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1337" xlink:to="label1337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="element1338" />
        <label xlink:type="resource" xlink:label="label1338" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShortTermInvestments_en-US">Money market securities pledged as collateral under investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1338" xlink:to="label1338" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="element1339" />
        <label xlink:type="resource" xlink:label="label1339" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SignificantAccountingPoliciesTextBlock_en-US">Significant Accounting Policies [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1339" xlink:to="label1339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="element1340" />
        <label xlink:type="resource" xlink:label="label1340" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SignificantAccountingPoliciesTextBlock_en-US">Significant Accounting Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1340" xlink:to="label1340" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAARatingMember" xlink:label="element1341" />
        <label xlink:type="resource" xlink:label="label1341" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsAARatingMember_en-US">S&amp;P AA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1341" xlink:to="label1341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAPlusRatingMember" xlink:label="element1342" />
        <label xlink:type="resource" xlink:label="label1342" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsAPlusRatingMember_en-US">S&amp;P A+ [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1342" xlink:to="label1342" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAARatingMember" xlink:label="element1343" />
        <label xlink:type="resource" xlink:label="label1343" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsAAARatingMember_en-US">S&amp;P AAA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1343" xlink:to="label1343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsARatingMember" xlink:label="element1344" />
        <label xlink:type="resource" xlink:label="label1344" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsARatingMember_en-US">S&amp;P A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1344" xlink:to="label1344" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAMinusRatingMember" xlink:label="element1345" />
        <label xlink:type="resource" xlink:label="label1345" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsAMinusRatingMember_en-US">S&amp;P A- [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1345" xlink:to="label1345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAMinusRatingMember" xlink:label="element1346" />
        <label xlink:type="resource" xlink:label="label1346" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsAAMinusRatingMember_en-US">S&amp;P AA- [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1346" xlink:to="label1346" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAPlusRatingMember" xlink:label="element1347" />
        <label xlink:type="resource" xlink:label="label1347" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StandardPoorsAAPlusRatingMember_en-US">S&amp;P AA+ [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1347" xlink:to="label1347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="element1348" />
        <label xlink:type="resource" xlink:label="label1348" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOperatingActivitiesSegmentAxis_en-US">Statement Operating Activities Segment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1348" xlink:to="label1348" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="element1349" />
        <label xlink:type="resource" xlink:label="label1349" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementOperatingActivitiesSegmentAxis_en-US">Statement, Operating Activities Segment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1349" xlink:to="label1349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="element1350" />
        <label xlink:type="resource" xlink:label="label1350" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementScenarioAxis_en-US">Statement Scenario [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1350" xlink:to="label1350" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="element1351" />
        <label xlink:type="resource" xlink:label="label1351" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementScenarioAxis_en-US">Scenario [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1351" xlink:to="label1351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="element1352" />
        <label xlink:type="resource" xlink:label="label1352" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementTable_en-US">Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1352" xlink:to="label1352" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="element1353" />
        <label xlink:type="resource" xlink:label="label1353" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementTable_en-US">Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1353" xlink:to="label1353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="element1354" />
        <label xlink:type="resource" xlink:label="label1354" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementLineItems_en-US">Statement [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1354" xlink:to="label1354" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="element1355" />
        <label xlink:type="resource" xlink:label="label1355" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfStockholdersEquityAbstract_en-US">Statement of Changes in Shareholders' Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1355" xlink:to="label1355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="element1356" />
        <label xlink:type="resource" xlink:label="label1356" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementGeographicalAxis_en-US">Statement Geographical [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1356" xlink:to="label1356" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="element1357" />
        <label xlink:type="resource" xlink:label="label1357" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementGeographicalAxis_en-US">Geographical [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1357" xlink:to="label1357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="element1358" />
        <label xlink:type="resource" xlink:label="label1358" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfCashFlowsAbstract_en-US">Statement of Cash Flows</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1358" xlink:to="label1358" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="element1359" />
        <label xlink:type="resource" xlink:label="label1359" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementEquityComponentsAxis_en-US">Statement Equity Components [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1359" xlink:to="label1359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="element1360" />
        <label xlink:type="resource" xlink:label="label1360" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementEquityComponentsAxis_en-US">Equity Components [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1360" xlink:to="label1360" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="element1361" />
        <label xlink:type="resource" xlink:label="label1361" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_en-US">Statement of Comprehensive Income (Loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1361" xlink:to="label1361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="element1362" />
        <label xlink:type="resource" xlink:label="label1362" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfFinancialPositionAbstract_en-US">Statement of Financial Position {Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1362" xlink:to="label1362" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="element1363" />
        <label xlink:type="resource" xlink:label="label1363" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementOfFinancialPositionAbstract_en-US">Consolidated Balance Sheets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1363" xlink:to="label1363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="element1364" />
        <label xlink:type="resource" xlink:label="label1364" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementBusinessSegmentsAxis_en-US">Statement Business Segments [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1364" xlink:to="label1364" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="element1365" />
        <label xlink:type="resource" xlink:label="label1365" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementBusinessSegmentsAxis_en-US">Business Segments [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1365" xlink:to="label1365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="element1366" />
        <label xlink:type="resource" xlink:label="label1366" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementClassOfStockAxis_en-US">Class of Stock [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1366" xlink:to="label1366" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount" xlink:label="element1367" />
        <label xlink:type="resource" xlink:label="label1367" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_en-US">Statutory net income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1367" xlink:to="label1367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount" xlink:label="element1368" />
        <label xlink:type="resource" xlink:label="label1368" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchaseProgramAuthorizedAmount_en-US">Authorized repurchase of common stock, value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1368" xlink:to="label1368" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="element1369" />
        <label xlink:type="resource" xlink:label="label1369" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchasedDuringPeriodValue_en-US">Preferred stock repurchased during period value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1369" xlink:to="label1369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="element1370" />
        <label xlink:type="resource" xlink:label="label1370" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_en-US">Stock issued during period, value, restricted stock award, forfeitures</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1370" xlink:to="label1370" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="element1371" />
        <label xlink:type="resource" xlink:label="label1371" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_en-US">Stock Issued During Period Shares Share Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1371" xlink:to="label1371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="element1372" />
        <label xlink:type="resource" xlink:label="label1372" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_en-US">Share-based compensation (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1372" xlink:to="label1372" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="element1373" />
        <label xlink:type="resource" xlink:label="label1373" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_en-US">Stock option awards exercised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1373" xlink:to="label1373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="element1374" />
        <label xlink:type="resource" xlink:label="label1374" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_en-US">Stock option awards exercised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1374" xlink:to="label1374" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="element1375" />
        <label xlink:type="resource" xlink:label="label1375" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_en-US">Stock issued during period, value, restricted stock award, gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1375" xlink:to="label1375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="element1376" />
        <label xlink:type="resource" xlink:label="label1376" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_en-US">Stock Issued During Period Value Share Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1376" xlink:to="label1376" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="element1377" />
        <label xlink:type="resource" xlink:label="label1377" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_en-US">Share-based compensation, net of tax of $7; $4 and $2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1377" xlink:to="label1377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="element1378" />
        <label xlink:type="resource" xlink:label="label1378" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchasedDuringPeriodShares_en-US">Preferred stock repurchased during period shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1378" xlink:to="label1378" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount" xlink:label="element1379" />
        <label xlink:type="resource" xlink:label="label1379" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount_en-US">Remaining amount available under repurchase program</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1379" xlink:to="label1379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="element1380" />
        <label xlink:type="resource" xlink:label="label1380" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_en-US">Equity:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1380" xlink:to="label1380" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1381" />
        <label xlink:type="resource" xlink:label="label1381" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquity_en-US">Stockholders Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1381" xlink:to="label1381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1382" />
        <label xlink:type="resource" xlink:label="label1382" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockholdersEquity_en-US">Total shareholders' equity of MBIA Inc.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1382" xlink:to="label1382" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1383" />
        <label xlink:type="resource" xlink:label="label1383" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_StockholdersEquity_en-US">Total shareholders' equity of MBIA Inc.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1383" xlink:to="label1383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1384" />
        <label xlink:type="resource" xlink:label="label1384" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_StockholdersEquity_en-US">Ending balance MBIA Inc. equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1384" xlink:to="label1384" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1385" />
        <label xlink:type="resource" xlink:label="label1385" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_StockholdersEquity_en-US">Beginning balance MBIA Inc. equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1385" xlink:to="label1385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1386" />
        <label xlink:type="resource" xlink:label="label1386" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Stockholders Equity Including Portion Attributable To Noncontrolling Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1386" xlink:to="label1386" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1387" />
        <label xlink:type="resource" xlink:label="label1387" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Balance as of</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1387" xlink:to="label1387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1388" />
        <label xlink:type="resource" xlink:label="label1388" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Balance as of</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1388" xlink:to="label1388" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1389" />
        <label xlink:type="resource" xlink:label="label1389" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Total equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1389" xlink:to="label1389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="element1390" />
        <label xlink:type="resource" xlink:label="label1390" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityNoteAbstract_en-US">Common And Preferred Stock [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1390" xlink:to="label1390" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="element1391" />
        <label xlink:type="resource" xlink:label="label1391" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityNoteDisclosureTextBlock_en-US">Common And Preferred Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1391" xlink:to="label1391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="element1392" />
        <label xlink:type="resource" xlink:label="label1392" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SubsequentEventMember_en-US">SubsequentEvent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1392" xlink:to="label1392" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="element1393" />
        <label xlink:type="resource" xlink:label="label1393" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SubsequentEventTypeDomain_en-US">Subsequent Event Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1393" xlink:to="label1393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="element1394" />
        <label xlink:type="resource" xlink:label="label1394" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SubsequentEventTypeDomain_en-US">Subsequent Event Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1394" xlink:to="label1394" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="element1395" />
        <label xlink:type="resource" xlink:label="label1395" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SubsequentEventTypeAxis_en-US">Subsequent Event Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1395" xlink:to="label1395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="element1396" />
        <label xlink:type="resource" xlink:label="label1396" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SubsequentEventTypeAxis_en-US">Subsequent Event Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1396" xlink:to="label1396" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="element1397" />
        <label xlink:type="resource" xlink:label="label1397" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsByTypeDomain_en-US">Summary Of Investments By Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1397" xlink:to="label1397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="element1398" />
        <label xlink:type="resource" xlink:label="label1398" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SummaryOfInvestmentsByTypeDomain_en-US">Summary of Investments, by Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1398" xlink:to="label1398" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" xlink:label="element1399" />
        <label xlink:type="resource" xlink:label="label1399" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_en-US">Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1399" xlink:to="label1399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" xlink:label="element1400" />
        <label xlink:type="resource" xlink:label="label1400" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_en-US">Amount at which shown in the balance sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1400" xlink:to="label1400" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="element1401" />
        <label xlink:type="resource" xlink:label="label1401" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_en-US">Summary Of Investments Other Than Investments In Related Parties By Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1401" xlink:to="label1401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="element1402" />
        <label xlink:type="resource" xlink:label="label1402" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_en-US">Summary of Investments, Other than Investments in Related Parties, by Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1402" xlink:to="label1402" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" xlink:label="element1403" />
        <label xlink:type="resource" xlink:label="label1403" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_en-US">Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1403" xlink:to="label1403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock" xlink:label="element1404" />
        <label xlink:type="resource" xlink:label="label1404" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_en-US">Schedule I - Summary Of Investments, Other Than Investments In Related Parties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1404" xlink:to="label1404" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock" xlink:label="element1405" />
        <label xlink:type="resource" xlink:label="label1405" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_en-US">Schedule I - Summary Of Investments, Other Than Investments In Related Parties [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1405" xlink:to="label1405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="element1406" />
        <label xlink:type="resource" xlink:label="label1406" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_en-US">Summary of Investments, Other than Investments in Related Parties [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1406" xlink:to="label1406" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract" xlink:label="element1407" />
        <label xlink:type="resource" xlink:label="label1407" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_en-US">Summary of Investments, Other than Investments in Related Parties [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1407" xlink:to="label1407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="element1408" />
        <label xlink:type="resource" xlink:label="label1408" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_en-US">Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1408" xlink:to="label1408" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock" xlink:label="element1409" />
        <label xlink:type="resource" xlink:label="label1409" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_en-US">Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1409" xlink:to="label1409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock" xlink:label="element1410" />
        <label xlink:type="resource" xlink:label="label1410" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_en-US">Supplemental Schedule of Reinsurance Premiums for Insurance Companies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1410" xlink:to="label1410" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="element1411" />
        <label xlink:type="resource" xlink:label="label1411" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_en-US">Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1411" xlink:to="label1411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="element1412" />
        <label xlink:type="resource" xlink:label="label1412" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TextBlockAbstract_en-US">Text Block [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1412" xlink:to="label1412" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="element1413" />
        <label xlink:type="resource" xlink:label="label1413" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TextBlockAbstract_en-US">Text Block [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1413" xlink:to="label1413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="element1414" />
        <label xlink:type="resource" xlink:label="label1414" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TitleOfIndividualAxis_en-US">Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1414" xlink:to="label1414" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="element1415" />
        <label xlink:type="resource" xlink:label="label1415" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_en-US">Title of Individual with Relationship to Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1415" xlink:to="label1415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="element1416" />
        <label xlink:type="resource" xlink:label="label1416" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TradingSecurities_en-US">Trading Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1416" xlink:to="label1416" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="element1417" />
        <label xlink:type="resource" xlink:label="label1417" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TradingSecurities_en-US">Investments carried at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1417" xlink:to="label1417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="element1418" />
        <label xlink:type="resource" xlink:label="label1418" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_en-US">Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1418" xlink:to="label1418" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="element1419" />
        <label xlink:type="resource" xlink:label="label1419" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_en-US">Types of Financial Instruments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1419" xlink:to="label1419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="element1420" />
        <label xlink:type="resource" xlink:label="label1420" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockValueAcquiredCostMethod_en-US">Treasury stock value acquired cost method</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1420" xlink:to="label1420" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="element1421" />
        <label xlink:type="resource" xlink:label="label1421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockValueAcquiredCostMethod_en-US">Treasury shares acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1421" xlink:to="label1421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="element1422" />
        <label xlink:type="resource" xlink:label="label1422" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_TreasuryStockValueAcquiredCostMethod_en-US">Treasury shares acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1422" xlink:to="label1422" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="element1423" />
        <label xlink:type="resource" xlink:label="label1423" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockSharesAcquired_en-US">Treasury stock shares acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1423" xlink:to="label1423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="element1424" />
        <label xlink:type="resource" xlink:label="label1424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockSharesAcquired_en-US">Treasury shares acquired (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1424" xlink:to="label1424" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="element1425" />
        <label xlink:type="resource" xlink:label="label1425" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_TreasuryStockSharesAcquired_en-US">Treasury shares acquired (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1425" xlink:to="label1425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1426" />
        <label xlink:type="resource" xlink:label="label1426" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockShares_en-US">Treasury Stock Shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1426" xlink:to="label1426" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1427" />
        <label xlink:type="resource" xlink:label="label1427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockShares_en-US">Treasury stock, shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1427" xlink:to="label1427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1428" />
        <label xlink:type="resource" xlink:label="label1428" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_TreasuryStockShares_en-US">Beginning balance treasury stock (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1428" xlink:to="label1428" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1429" />
        <label xlink:type="resource" xlink:label="label1429" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_TreasuryStockShares_en-US">Ending balance treasury stock (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1429" xlink:to="label1429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="element1430" />
        <label xlink:type="resource" xlink:label="label1430" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockMember_en-US">Treasury Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1430" xlink:to="label1430" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="element1431" />
        <label xlink:type="resource" xlink:label="label1431" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockMember_en-US">Treasury Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1431" xlink:to="label1431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="element1432" />
        <label xlink:type="resource" xlink:label="label1432" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockAcquiredAverageCostPerShare_en-US">Shares repurchased under share repurchase program, average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1432" xlink:to="label1432" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="element1433" />
        <label xlink:type="resource" xlink:label="label1433" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockValue_en-US">Treasury Stock Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1433" xlink:to="label1433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="element1434" />
        <label xlink:type="resource" xlink:label="label1434" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_TreasuryStockValue_en-US">Treasury stock, at cost--89,409,887 and 85,562,546 shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1434" xlink:to="label1434" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="element1435" />
        <label xlink:type="resource" xlink:label="label1435" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TypeOfDeferredCompensationDomain_en-US">Type of Deferred Compensation, All Types [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1435" xlink:to="label1435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="element1436" />
        <label xlink:type="resource" xlink:label="label1436" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnderlyingAssetClassDomain_en-US">Underlying Asset Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1436" xlink:to="label1436" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="element1437" />
        <label xlink:type="resource" xlink:label="label1437" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnderlyingAssetClassAxis_en-US">Underlying Asset Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1437" xlink:to="label1437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" xlink:label="element1438" />
        <label xlink:type="resource" xlink:label="label1438" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_en-US">Less: Undistributed earnings allocated to participating securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1438" xlink:to="label1438" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="element1439" />
        <label xlink:type="resource" xlink:label="label1439" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UndistributedEarningsOfForeignSubsidiaries_en-US">Undistributed earnings of foreign subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1439" xlink:to="label1439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="element1440" />
        <label xlink:type="resource" xlink:label="label1440" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnearnedPremiums_en-US">Unearned Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1440" xlink:to="label1440" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="element1441" />
        <label xlink:type="resource" xlink:label="label1441" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnearnedPremiums_en-US">Unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1441" xlink:to="label1441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy" xlink:label="element1442" />
        <label xlink:type="resource" xlink:label="label1442" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_en-US">Loss and Loss Adjustment Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1442" xlink:to="label1442" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1443" />
        <label xlink:type="resource" xlink:label="label1443" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized Gain Loss On Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1443" xlink:to="label1443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1444" />
        <label xlink:type="resource" xlink:label="label1444" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized (gains) losses on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1444" xlink:to="label1444" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1445" />
        <label xlink:type="resource" xlink:label="label1445" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized gains (losses) on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1445" xlink:to="label1445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1446" />
        <label xlink:type="resource" xlink:label="label1446" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized (gains) losses on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1446" xlink:to="label1446" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="element1447" />
        <label xlink:type="resource" xlink:label="label1447" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_en-US">Unrecognized Tax Benefits Income Tax Penalties And Interest Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1447" xlink:to="label1447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="element1448" />
        <label xlink:type="resource" xlink:label="label1448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_en-US">Unrecognized tax benefits income tax penalties and interest expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1448" xlink:to="label1448" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="element1449" />
        <label xlink:type="resource" xlink:label="label1449" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_en-US">Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1449" xlink:to="label1449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="element1450" />
        <label xlink:type="resource" xlink:label="label1450" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_en-US">The gross amount of the increase in the UTB as a result of tax positions taken: During the current year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1450" xlink:to="label1450" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xlink:label="element1451" />
        <label xlink:type="resource" xlink:label="label1451" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_en-US">Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1451" xlink:to="label1451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xlink:label="element1452" />
        <label xlink:type="resource" xlink:label="label1452" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_en-US">The amounts of decreases in the UTB related to settlements with taxing authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1452" xlink:to="label1452" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions" xlink:label="element1453" />
        <label xlink:type="resource" xlink:label="label1453" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions_en-US">Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1453" xlink:to="label1453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions" xlink:label="element1454" />
        <label xlink:type="resource" xlink:label="label1454" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions_en-US">The gross amount of the decrease in the UTB as a result of tax positions taken: During the current year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1454" xlink:to="label1454" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xlink:label="element1455" />
        <label xlink:type="resource" xlink:label="label1455" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_en-US">Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1455" xlink:to="label1455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xlink:label="element1456" />
        <label xlink:type="resource" xlink:label="label1456" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_en-US">The gross amount of the decrease in the UTB as a result of tax positions taken: During a prior year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1456" xlink:to="label1456" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="element1457" />
        <label xlink:type="resource" xlink:label="label1457" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_en-US">Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1457" xlink:to="label1457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="element1458" />
        <label xlink:type="resource" xlink:label="label1458" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_en-US">The reduction in the UTB as a result of the applicable statute of limitations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1458" xlink:to="label1458" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="element1459" />
        <label xlink:type="resource" xlink:label="label1459" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefits_en-US">Unrecognized Tax Benefits</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1459" xlink:to="label1459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="element1460" />
        <label xlink:type="resource" xlink:label="label1460" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_UnrecognizedTaxBenefits_en-US">Unrecognized tax benefit, Ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1460" xlink:to="label1460" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="element1461" />
        <label xlink:type="resource" xlink:label="label1461" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_UnrecognizedTaxBenefits_en-US">Unrecognized tax benefit, Beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1461" xlink:to="label1461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="element1462" />
        <label xlink:type="resource" xlink:label="label1462" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_en-US">Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1462" xlink:to="label1462" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="element1463" />
        <label xlink:type="resource" xlink:label="label1463" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_en-US">The gross amount of the increase in the UTB as a result of tax positions taken: During a prior year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1463" xlink:to="label1463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="element1464" />
        <label xlink:type="resource" xlink:label="label1464" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_USStatesAndPoliticalSubdivisionsMember_en-US">US States And Political Subdivisions [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1464" xlink:to="label1464" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="element1465" />
        <label xlink:type="resource" xlink:label="label1465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_USStatesAndPoliticalSubdivisionsMember_en-US">State and municipal bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1465" xlink:to="label1465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="element1466" />
        <label xlink:type="resource" xlink:label="label1466" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_USTreasuryAndGovernmentMember_en-US">U S Treasury And Government [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1466" xlink:to="label1466" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="element1467" />
        <label xlink:type="resource" xlink:label="label1467" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_USTreasuryAndGovernmentMember_en-US">U.S. Treasury And Government Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1467" xlink:to="label1467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="element1468" />
        <label xlink:type="resource" xlink:label="label1468" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationAllowancesAndReservesDomain_en-US">Valuation Allowances And Reserves [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1468" xlink:to="label1468" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="element1469" />
        <label xlink:type="resource" xlink:label="label1469" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationTechniqueAxis_en-US">Valuation Technique [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1469" xlink:to="label1469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="element1470" />
        <label xlink:type="resource" xlink:label="label1470" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationTechniqueDomain_en-US">Valuation Technique [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1470" xlink:to="label1470" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="element1471" />
        <label xlink:type="resource" xlink:label="label1471" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_en-US">Valuation Allowance Deferred Tax Asset Change In Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1471" xlink:to="label1471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="element1472" />
        <label xlink:type="resource" xlink:label="label1472" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationAllowancesAndReservesTypeAxis_en-US">Valuation Allowances And Reserves [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1472" xlink:to="label1472" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1473" />
        <label xlink:type="resource" xlink:label="label1473" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">VIE Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1473" xlink:to="label1473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1474" />
        <label xlink:type="resource" xlink:label="label1474" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1474" xlink:to="label1474" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1475" />
        <label xlink:type="resource" xlink:label="label1475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">Carrying amounts of assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1475" xlink:to="label1475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1476" />
        <label xlink:type="resource" xlink:label="label1476" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">Identifiable assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1476" xlink:to="label1476" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="element1477" />
        <label xlink:type="resource" xlink:label="label1477" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_en-US">Variable Interest Entities By Classification Of Entity [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1477" xlink:to="label1477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="element1478" />
        <label xlink:type="resource" xlink:label="label1478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_en-US">Variable Interest Entities [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1478" xlink:to="label1478" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="element1479" />
        <label xlink:type="resource" xlink:label="label1479" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_en-US">Variable Interest Entity Primary Beneficiary [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1479" xlink:to="label1479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="element1480" />
        <label xlink:type="resource" xlink:label="label1480" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_en-US">Variable Interest Entity [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1480" xlink:to="label1480" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="element1481" />
        <label xlink:type="resource" xlink:label="label1481" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_en-US">VIE Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1481" xlink:to="label1481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="element1482" />
        <label xlink:type="resource" xlink:label="label1482" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_en-US">Carrying amounts of liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1482" xlink:to="label1482" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="element1483" />
        <label xlink:type="resource" xlink:label="label1483" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1483" xlink:to="label1483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="element1484" />
        <label xlink:type="resource" xlink:label="label1484" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_en-US">Variable Interest Entity Entity Maximum Loss Exposure Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1484" xlink:to="label1484" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="element1485" />
        <label xlink:type="resource" xlink:label="label1485" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_en-US">Maximum Exposure to Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1485" xlink:to="label1485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="element1486" />
        <label xlink:type="resource" xlink:label="label1486" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityLineItems_en-US">Variable Interest Entity [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1486" xlink:to="label1486" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="element1487" />
        <label xlink:type="resource" xlink:label="label1487" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityLineItems_en-US">Variable Interest Entity [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1487" xlink:to="label1487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="element1488" />
        <label xlink:type="resource" xlink:label="label1488" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_en-US">Variable Interest Entity Initial Consolidation Gain Or Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1488" xlink:to="label1488" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="element1489" />
        <label xlink:type="resource" xlink:label="label1489" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_en-US">Net realized gains (losses) related to the initial consolidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1489" xlink:to="label1489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="element1490" />
        <label xlink:type="resource" xlink:label="label1490" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_en-US">Variable Interest Entity Nonconsolidated Carrying Amount Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1490" xlink:to="label1490" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="element1491" />
        <label xlink:type="resource" xlink:label="label1491" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_en-US">VIE Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1491" xlink:to="label1491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantMember" xlink:label="element1492" />
        <label xlink:type="resource" xlink:label="label1492" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WarrantMember_en-US">Warrant [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1492" xlink:to="label1492" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantsAndRightsOutstanding" xlink:label="element1493" />
        <label xlink:type="resource" xlink:label="label1493" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WarrantsAndRightsOutstanding_en-US">Fair value of warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1493" xlink:to="label1493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="element1494" />
        <label xlink:type="resource" xlink:label="label1494" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageMember_en-US">Weighted Average [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1494" xlink:to="label1494" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="element1495" />
        <label xlink:type="resource" xlink:label="label1495" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_en-US">Weighted Average Number Of Shares Outstanding [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1495" xlink:to="label1495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="element1496" />
        <label xlink:type="resource" xlink:label="label1496" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_en-US">Weighted average number of common shares outstanding:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1496" xlink:to="label1496" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="element1497" />
        <label xlink:type="resource" xlink:label="label1497" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_en-US">Weighted Average Number Of Shares Outstanding Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1497" xlink:to="label1497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="element1498" />
        <label xlink:type="resource" xlink:label="label1498" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_en-US">Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1498" xlink:to="label1498" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="element1499" />
        <label xlink:type="resource" xlink:label="label1499" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_en-US">Basic weighted average shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1499" xlink:to="label1499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="element1500" />
        <label xlink:type="resource" xlink:label="label1500" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_en-US">Weighted Average Number Of Diluted Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1500" xlink:to="label1500" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="element1501" />
        <label xlink:type="resource" xlink:label="label1501" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_en-US">Diluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1501" xlink:to="label1501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="element1502" />
        <label xlink:type="resource" xlink:label="label1502" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_en-US">Diluted weighted average shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1502" xlink:to="label1502" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_AmendmentFlag" xlink:label="element1503" />
        <label xlink:type="resource" xlink:label="label1503" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_AmendmentFlag_en-US">Amendment Flag</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1503" xlink:to="label1503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_AmendmentFlag" xlink:label="element1504" />
        <label xlink:type="resource" xlink:label="label1504" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_AmendmentFlag_en-US">Amendment Flag</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1504" xlink:to="label1504" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="element1505" />
        <label xlink:type="resource" xlink:label="label1505" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_CurrentFiscalYearEndDate_en-US">Current Fiscal Year End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1505" xlink:to="label1505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="element1506" />
        <label xlink:type="resource" xlink:label="label1506" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_CurrentFiscalYearEndDate_en-US">Current Fiscal Year End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1506" xlink:to="label1506" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="element1507" />
        <label xlink:type="resource" xlink:label="label1507" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentPeriodEndDate_en-US">Document Period End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1507" xlink:to="label1507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="element1508" />
        <label xlink:type="resource" xlink:label="label1508" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentPeriodEndDate_en-US">Document Period End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1508" xlink:to="label1508" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="element1509" />
        <label xlink:type="resource" xlink:label="label1509" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityDomain_en-US">Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1509" xlink:to="label1509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="element1510" />
        <label xlink:type="resource" xlink:label="label1510" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityDomain_en-US">Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1510" xlink:to="label1510" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_TradingSymbol" xlink:label="element1511" />
        <label xlink:type="resource" xlink:label="label1511" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_TradingSymbol_en-US">Trading Symbol</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1511" xlink:to="label1511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_TradingSymbol" xlink:label="element1512" />
        <label xlink:type="resource" xlink:label="label1512" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_TradingSymbol_en-US">Trading Symbol</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1512" xlink:to="label1512" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="element1513" />
        <label xlink:type="resource" xlink:label="label1513" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityWellKnownSeasonedIssuer_en-US">Entity Well-Known Seasoned Issuer</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1513" xlink:to="label1513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="element1514" />
        <label xlink:type="resource" xlink:label="label1514" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityVoluntaryFilers_en-US">Entity Voluntary Filers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1514" xlink:to="label1514" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="element1515" />
        <label xlink:type="resource" xlink:label="label1515" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityCurrentReportingStatus_en-US">Entity Current Reporting Status</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1515" xlink:to="label1515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityFilerCategory" xlink:label="element1516" />
        <label xlink:type="resource" xlink:label="label1516" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityFilerCategory_en-US">Entity Filer Category</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1516" xlink:to="label1516" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityFilerCategory" xlink:label="element1517" />
        <label xlink:type="resource" xlink:label="label1517" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityFilerCategory_en-US">Entity Filer Category</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1517" xlink:to="label1517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityPublicFloat" xlink:label="element1518" />
        <label xlink:type="resource" xlink:label="label1518" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityPublicFloat_en-US">Entity Public Float</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1518" xlink:to="label1518" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityRegistrantName" xlink:label="element1519" />
        <label xlink:type="resource" xlink:label="label1519" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityRegistrantName_en-US">Entity Registrant Name</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1519" xlink:to="label1519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityRegistrantName" xlink:label="element1520" />
        <label xlink:type="resource" xlink:label="label1520" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityRegistrantName_en-US">Entity Registrant Name</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1520" xlink:to="label1520" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="element1521" />
        <label xlink:type="resource" xlink:label="label1521" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityCentralIndexKey_en-US">Entity Central Index Key</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1521" xlink:to="label1521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="element1522" />
        <label xlink:type="resource" xlink:label="label1522" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityCentralIndexKey_en-US">Entity Central Index Key</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1522" xlink:to="label1522" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="element1523" />
        <label xlink:type="resource" xlink:label="label1523" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityCommonStockSharesOutstanding_en-US">Entity Common Stock Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1523" xlink:to="label1523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="element1524" />
        <label xlink:type="resource" xlink:label="label1524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityCommonStockSharesOutstanding_en-US">Entity Common Stock, Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1524" xlink:to="label1524" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="element1525" />
        <label xlink:type="resource" xlink:label="label1525" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentFiscalYearFocus_en-US">Document Fiscal Year Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1525" xlink:to="label1525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="element1526" />
        <label xlink:type="resource" xlink:label="label1526" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentFiscalYearFocus_en-US">Document Fiscal Year Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1526" xlink:to="label1526" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="element1527" />
        <label xlink:type="resource" xlink:label="label1527" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentFiscalPeriodFocus_en-US">Document Fiscal Period Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1527" xlink:to="label1527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="element1528" />
        <label xlink:type="resource" xlink:label="label1528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentFiscalPeriodFocus_en-US">Document Fiscal Period Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1528" xlink:to="label1528" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="element1529" />
        <label xlink:type="resource" xlink:label="label1529" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_LegalEntityAxis_en-US">Legal Entity [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1529" xlink:to="label1529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="element1530" />
        <label xlink:type="resource" xlink:label="label1530" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_LegalEntityAxis_en-US">Legal Entity [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1530" xlink:to="label1530" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentType" xlink:label="element1531" />
        <label xlink:type="resource" xlink:label="label1531" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentType_en-US">Document Type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1531" xlink:to="label1531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentType" xlink:label="element1532" />
        <label xlink:type="resource" xlink:label="label1532" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentType_en-US">Document Type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1532" xlink:to="label1532" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="element1533" />
        <label xlink:type="resource" xlink:label="label1533" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_InvestmentTableTextBlock_en-US">Investment Table Text Block</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1533" xlink:to="label1533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="element1534" />
        <label xlink:type="resource" xlink:label="label1534" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_invest_InvestmentTableTextBlock_en-US">Amortized Cost And Fair Value Of Available-For-Sale And Held-To-Maturity Investment Portfolios</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1534" xlink:to="label1534" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="element1535" />
        <label xlink:type="resource" xlink:label="label1535" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_InvestmentAxis_en-US">Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1535" xlink:to="label1535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="element1536" />
        <label xlink:type="resource" xlink:label="label1536" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_invest_InvestmentAxis_en-US">Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1536" xlink:to="label1536" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="element1537" />
        <label xlink:type="resource" xlink:label="label1537" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_InvestmentDomain_en-US">Investment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1537" xlink:to="label1537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="element1538" />
        <label xlink:type="resource" xlink:label="label1538" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_invest_InvestmentDomain_en-US">Investment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1538" xlink:to="label1538" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="element1539" />
        <label xlink:type="resource" xlink:label="label1539" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_DerivativeNotionalAmount_en-US">Derivative notional amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1539" xlink:to="label1539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="element1540" />
        <label xlink:type="resource" xlink:label="label1540" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_invest_DerivativeNotionalAmount_en-US">Notional Amount Outstanding, Total derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1540" xlink:to="label1540" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_GB" xlink:label="element1541" />
        <label xlink:type="resource" xlink:label="label1541" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_country_GB_en-US">G B [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1541" xlink:to="label1541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_GB" xlink:label="element1542" />
        <label xlink:type="resource" xlink:label="label1542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_country_GB_en-US">United Kingdom [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1542" xlink:to="label1542" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_PR" xlink:label="element1543" />
        <label xlink:type="resource" xlink:label="label1543" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_country_PR_en-US">P R [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1543" xlink:to="label1543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_PR" xlink:label="element1544" />
        <label xlink:type="resource" xlink:label="label1544" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_country_PR_en-US">Puerto Rico [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1544" xlink:to="label1544" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="element1545" />
        <label xlink:type="resource" xlink:label="label1545" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_country_US_en-US">U S [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1545" xlink:to="label1545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="element1546" />
        <label xlink:type="resource" xlink:label="label1546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_country_US_en-US">United States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1546" xlink:to="label1546" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="element1547" />
        <label xlink:type="resource" xlink:label="label1547" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_CA_en-US">California [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1547" xlink:to="label1547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CO" xlink:label="element1548" />
        <label xlink:type="resource" xlink:label="label1548" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_CO_en-US">Colorado [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1548" xlink:to="label1548" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="element1549" />
        <label xlink:type="resource" xlink:label="label1549" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_FL_en-US">Florida [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1549" xlink:to="label1549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_IL" xlink:label="element1550" />
        <label xlink:type="resource" xlink:label="label1550" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_IL_en-US">Illinois [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1550" xlink:to="label1550" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MI" xlink:label="element1551" />
        <label xlink:type="resource" xlink:label="label1551" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_MI_en-US">Michigan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1551" xlink:to="label1551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="element1552" />
        <label xlink:type="resource" xlink:label="label1552" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_NJ_en-US">New Jersey [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1552" xlink:to="label1552" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="element1553" />
        <label xlink:type="resource" xlink:label="label1553" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_NY_en-US">New York [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1553" xlink:to="label1553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_PA" xlink:label="element1554" />
        <label xlink:type="resource" xlink:label="label1554" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_PA_en-US">Pennsylvania [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1554" xlink:to="label1554" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="element1555" />
        <label xlink:type="resource" xlink:label="label1555" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_TX_en-US">Texas [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1555" xlink:to="label1555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_WA" xlink:label="element1556" />
        <label xlink:type="resource" xlink:label="label1556" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_WA_en-US">Washington [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1556" xlink:to="label1556" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CdoPortfolioMember" xlink:label="element1557" />
        <label xlink:type="resource" xlink:label="label1557" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CdoPortfolioMember_en-US">Cdo Portfolio [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1557" xlink:to="label1557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CdoPortfolioMember" xlink:label="element1558" />
        <label xlink:type="resource" xlink:label="label1558" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CdoPortfolioMember_en-US">Cdo Portfolio [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1558" xlink:to="label1558" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CdoPortfolioMember" xlink:label="element1559" />
        <label xlink:type="resource" xlink:label="label1559" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CdoPortfolioMember_en-US">CDO Portfolio [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1559" xlink:to="label1559" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" xlink:label="element1560" />
        <label xlink:type="resource" xlink:label="label1560" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Foreign Exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1560" xlink:to="label1560" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" xlink:label="element1561" />
        <label xlink:type="resource" xlink:label="label1561" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Foreign Exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1561" xlink:to="label1561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" xlink:label="element1562" />
        <label xlink:type="resource" xlink:label="label1562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_en-US">Foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1562" xlink:to="label1562" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" xlink:label="element1563" />
        <label xlink:type="resource" xlink:label="label1563" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_en-US">The net amount of unrealized gains (losses), including foreign exchange and the portion of other-than-temporary impairments included in accumulated other comprehensive income (loss), after tax, for available-for-sale securities, as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1563" xlink:to="label1563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" xlink:label="element1564" />
        <label xlink:type="resource" xlink:label="label1564" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Unrealized Gain Loss Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1564" xlink:to="label1564" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" xlink:label="element1565" />
        <label xlink:type="resource" xlink:label="label1565" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_en-US">Unrealized gains (losses), net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1565" xlink:to="label1565" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="element1566" />
        <label xlink:type="resource" xlink:label="label1566" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_en-US">The net amount of unrealized gains (losses), including foreign exchange and the portion of other-than-temporary impairments included in accumulated other comprehensive income (loss), before tax, for available-for-sale securities, as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1566" xlink:to="label1566" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="element1567" />
        <label xlink:type="resource" xlink:label="label1567" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Unrealized Gains Loss Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1567" xlink:to="label1567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="element1568" />
        <label xlink:type="resource" xlink:label="label1568" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_en-US">Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1568" xlink:to="label1568" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:label="element1569" />
        <label xlink:type="resource" xlink:label="label1569" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1569" xlink:to="label1569" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:label="element1570" />
        <label xlink:type="resource" xlink:label="label1570" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1570" xlink:to="label1570" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:label="element1571" />
        <label xlink:type="resource" xlink:label="label1571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_en-US">Deferred income tax provision (benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1571" xlink:to="label1571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" xlink:label="element1572" />
        <label xlink:type="resource" xlink:label="label1572" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_en-US">The gross unrealized gains for available for sale securities as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1572" xlink:to="label1572" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" xlink:label="element1573" />
        <label xlink:type="resource" xlink:label="label1573" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Gross Unrealized Gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1573" xlink:to="label1573" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" xlink:label="element1574" />
        <label xlink:type="resource" xlink:label="label1574" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_en-US">Gross Unrealized Gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1574" xlink:to="label1574" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" xlink:label="element1575" />
        <label xlink:type="resource" xlink:label="label1575" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_en-US">The gross unrealized losses, including the portion of other-than-temporary impairments, included in accumulated other comprehensive income loss for available-for-sale securities as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1575" xlink:to="label1575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" xlink:label="element1576" />
        <label xlink:type="resource" xlink:label="label1576" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_en-US">Accumulated Other Comprehensive Income Loss Available For Sale Securities Gross Unrealized Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1576" xlink:to="label1576" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" xlink:label="element1577" />
        <label xlink:type="resource" xlink:label="label1577" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_en-US">Gross Unrealized Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1577" xlink:to="label1577" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="element1578" />
        <label xlink:type="resource" xlink:label="label1578" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_en-US">Accumulated other comprehensive income loss, deferred income tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1578" xlink:to="label1578" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="element1579" />
        <label xlink:type="resource" xlink:label="label1579" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_en-US">Accumulated Other Comprehensive Income Loss Deferred Income Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1579" xlink:to="label1579" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="element1580" />
        <label xlink:type="resource" xlink:label="label1580" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_en-US">Accumulated other comprehensive income (loss), taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1580" xlink:to="label1580" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" xlink:label="element1581" />
        <label xlink:type="resource" xlink:label="label1581" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_en-US">Additional Estimated Credit Impairment On Cmbs Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1581" xlink:to="label1581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" xlink:label="element1582" />
        <label xlink:type="resource" xlink:label="label1582" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_en-US">Additional Estimated Credit Impairment On Cmbs Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1582" xlink:to="label1582" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" xlink:label="element1583" />
        <label xlink:type="resource" xlink:label="label1583" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_en-US">Additional estimated credit impairment on Cmbs derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1583" xlink:to="label1583" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1584" />
        <label xlink:type="resource" xlink:label="label1584" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1584" xlink:to="label1584" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1585" />
        <label xlink:type="resource" xlink:label="label1585" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">Adjustment Gains Losses On Extinguishment Of Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1585" xlink:to="label1585" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1586" />
        <label xlink:type="resource" xlink:label="label1586" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">(Gains) losses on extinguishment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1586" xlink:to="label1586" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1587" />
        <label xlink:type="resource" xlink:label="label1587" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">(Gains) losses on extinguishment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1587" xlink:to="label1587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="element1588" />
        <label xlink:type="resource" xlink:label="label1588" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdvisoryServicesMember_en-US">Advisory Services [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1588" xlink:to="label1588" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="element1589" />
        <label xlink:type="resource" xlink:label="label1589" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdvisoryServicesMember_en-US">Advisory Services [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1589" xlink:to="label1589" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="element1590" />
        <label xlink:type="resource" xlink:label="label1590" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AdvisoryServicesMember_en-US">Advisory Services [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1590" xlink:to="label1590" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateCdoLossAndLaeReserves" xlink:label="element1591" />
        <label xlink:type="resource" xlink:label="label1591" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateCdoLossAndLaeReserves_en-US">Aggregate CDO loss and LAE reserves.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1591" xlink:to="label1591" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateCdoLossAndLaeReserves" xlink:label="element1592" />
        <label xlink:type="resource" xlink:label="label1592" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateCdoLossAndLaeReserves_en-US">Aggregate Cdo Loss And Lae Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1592" xlink:to="label1592" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateCdoLossAndLaeReserves" xlink:label="element1593" />
        <label xlink:type="resource" xlink:label="label1593" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateCdoLossAndLaeReserves_en-US">Aggregate CDO Loss And LAE Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1593" xlink:to="label1593" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateITDCreditImpairmentOnCmbsDerivatives" xlink:label="element1594" />
        <label xlink:type="resource" xlink:label="label1594" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_en-US">Aggregate ITD Credit Impairment On Cmbs Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1594" xlink:to="label1594" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateITDCreditImpairmentOnCmbsDerivatives" xlink:label="element1595" />
        <label xlink:type="resource" xlink:label="label1595" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_en-US">Aggregate I T D Credit Impairment On Cmbs Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1595" xlink:to="label1595" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateITDCreditImpairmentOnCmbsDerivatives" xlink:label="element1596" />
        <label xlink:type="resource" xlink:label="label1596" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_en-US">Aggregate ITD credit impairment on Cmbs derivatives since 2010</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1596" xlink:to="label1596" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateOfEstimatedPotentialRecoveries" xlink:label="element1597" />
        <label xlink:type="resource" xlink:label="label1597" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateOfEstimatedPotentialRecoveries_en-US">Aggregate Of Estimated Potential Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1597" xlink:to="label1597" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateOfEstimatedPotentialRecoveries" xlink:label="element1598" />
        <label xlink:type="resource" xlink:label="label1598" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateOfEstimatedPotentialRecoveries_en-US">Aggregate Of Estimated Potential Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1598" xlink:to="label1598" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateOfEstimatedPotentialRecoveries" xlink:label="element1599" />
        <label xlink:type="resource" xlink:label="label1599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateOfEstimatedPotentialRecoveries_en-US">Aggregate of estimated potential recoveries on put back claims, gross of income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1599" xlink:to="label1599" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="element1600" />
        <label xlink:type="resource" xlink:label="label1600" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherEmbeddedMember_en-US">All Other Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1600" xlink:to="label1600" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="element1601" />
        <label xlink:type="resource" xlink:label="label1601" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherEmbeddedMember_en-US">All Other Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1601" xlink:to="label1601" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="element1602" />
        <label xlink:type="resource" xlink:label="label1602" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AllOtherEmbeddedMember_en-US">All Other-Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1602" xlink:to="label1602" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="element1603" />
        <label xlink:type="resource" xlink:label="label1603" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherSecuritiesMember_en-US">All Other Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1603" xlink:to="label1603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="element1604" />
        <label xlink:type="resource" xlink:label="label1604" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherSecuritiesMember_en-US">All Other Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1604" xlink:to="label1604" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="element1605" />
        <label xlink:type="resource" xlink:label="label1605" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AllOtherSecuritiesMember_en-US">All Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1605" xlink:to="label1605" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="element1606" />
        <label xlink:type="resource" xlink:label="label1606" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherVIEMember_en-US">All Other V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1606" xlink:to="label1606" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="element1607" />
        <label xlink:type="resource" xlink:label="label1607" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherVIEMember_en-US">All Other V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1607" xlink:to="label1607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="element1608" />
        <label xlink:type="resource" xlink:label="label1608" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AllOtherVIEMember_en-US">All Other-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1608" xlink:to="label1608" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AltMember" xlink:label="element1609" />
        <label xlink:type="resource" xlink:label="label1609" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AltMember_en-US">ALT-A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1609" xlink:to="label1609" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AltMember" xlink:label="element1610" />
        <label xlink:type="resource" xlink:label="label1610" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AltMember_en-US">Alt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1610" xlink:to="label1610" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AltMember" xlink:label="element1611" />
        <label xlink:type="resource" xlink:label="label1611" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AltMember_en-US">ALT-A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1611" xlink:to="label1611" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" xlink:label="element1612" />
        <label xlink:type="resource" xlink:label="label1612" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_en-US">Amount Of Repurchase Request Resolved Related To Ineligible Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1612" xlink:to="label1612" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" xlink:label="element1613" />
        <label xlink:type="resource" xlink:label="label1613" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_en-US">Amount Of Repurchase Request Resolved Related To Ineligible Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1613" xlink:to="label1613" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" xlink:label="element1614" />
        <label xlink:type="resource" xlink:label="label1614" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_en-US">Bank of America repurchase requests resolved</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1614" xlink:to="label1614" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="element1615" />
        <label xlink:type="resource" xlink:label="label1615" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_en-US">Approximate percentage of level 3 assets at fair value in total assets measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1615" xlink:to="label1615" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="element1616" />
        <label xlink:type="resource" xlink:label="label1616" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_en-US">Approximate Percentage Of Level 3 Assets At Fair Value In Total Assets Measured At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1616" xlink:to="label1616" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="element1617" />
        <label xlink:type="resource" xlink:label="label1617" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_en-US">Percentage of level 3 assets at fair value in total assets measured at fair value value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1617" xlink:to="label1617" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="element1618" />
        <label xlink:type="resource" xlink:label="label1618" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_en-US">Approximate percentage of level 3 liabilities at fair value in total liabilities measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1618" xlink:to="label1618" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="element1619" />
        <label xlink:type="resource" xlink:label="label1619" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_en-US">Approximate Percentage Of Level 3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1619" xlink:to="label1619" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="element1620" />
        <label xlink:type="resource" xlink:label="label1620" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_en-US">Percentage of level 3 liabilities at fair value in total liabilities measured at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1620" xlink:to="label1620" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="element1621" />
        <label xlink:type="resource" xlink:label="label1621" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsBusinessMember_en-US">Asset Liability Products Business [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1621" xlink:to="label1621" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="element1622" />
        <label xlink:type="resource" xlink:label="label1622" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsBusinessMember_en-US">Asset Liability Products Business [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1622" xlink:to="label1622" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="element1623" />
        <label xlink:type="resource" xlink:label="label1623" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetLiabilityProductsBusinessMember_en-US">Asset / Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1623" xlink:to="label1623" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock" xlink:label="element1624" />
        <label xlink:type="resource" xlink:label="label1624" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock_en-US">Asset Liability Products Credit Spread Sensitivity [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1624" xlink:to="label1624" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock" xlink:label="element1625" />
        <label xlink:type="resource" xlink:label="label1625" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock_en-US">Asset Liability Products Credit Spread Sensitivity Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1625" xlink:to="label1625" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock" xlink:label="element1626" />
        <label xlink:type="resource" xlink:label="label1626" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock_en-US">Change In Credit Spreads (Asset/Liability Products Business)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1626" xlink:to="label1626" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="element1627" />
        <label xlink:type="resource" xlink:label="label1627" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsMember_en-US">Asset/Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1627" xlink:to="label1627" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="element1628" />
        <label xlink:type="resource" xlink:label="label1628" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsMember_en-US">Asset Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1628" xlink:to="label1628" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="element1629" />
        <label xlink:type="resource" xlink:label="label1629" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetLiabilityProductsMember_en-US">Asset/Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1629" xlink:to="label1629" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="element1630" />
        <label xlink:type="resource" xlink:label="label1630" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetsOfConsolidatedVIEsMember_en-US">Assets of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1630" xlink:to="label1630" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="element1631" />
        <label xlink:type="resource" xlink:label="label1631" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetsOfConsolidatedVIEsMember_en-US">Assets Of Consolidated V I Es [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1631" xlink:to="label1631" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="element1632" />
        <label xlink:type="resource" xlink:label="label1632" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetsOfConsolidatedVIEsMember_en-US">Assets Of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1632" xlink:to="label1632" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForLoans" xlink:label="element1633" />
        <label xlink:type="resource" xlink:label="label1633" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssumedRollRateForLoans_en-US">Assumed Roll Rate For Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1633" xlink:to="label1633" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForLoans" xlink:label="element1634" />
        <label xlink:type="resource" xlink:label="label1634" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssumedRollRateForLoans_en-US">Assumed Roll Rate For Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1634" xlink:to="label1634" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForLoans" xlink:label="element1635" />
        <label xlink:type="resource" xlink:label="label1635" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssumedRollRateForLoans_en-US">Assumed roll rate for loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1635" xlink:to="label1635" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" xlink:label="element1636" />
        <label xlink:type="resource" xlink:label="label1636" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_en-US">Assumed roll rate for ninety plus day delinquent loans exluding foreclosure and real estate owned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1636" xlink:to="label1636" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" xlink:label="element1637" />
        <label xlink:type="resource" xlink:label="label1637" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_en-US">Assumed Roll Rate For Ninety Plus Day Delinquent Loans Excluding Foreclosure And Real Estate Owned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1637" xlink:to="label1637" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" xlink:label="element1638" />
        <label xlink:type="resource" xlink:label="label1638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_en-US">Assumed roll rate for ninety plus day delinquent loans excluding foreclosure and real estate owned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1638" xlink:to="label1638" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange" xlink:label="element1639" />
        <label xlink:type="resource" xlink:label="label1639" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_en-US">Represents the range of inputs/assumptions used to calculate current level of credit protection (subordination) for the securities, expressed as a percentage of total current underlying loan balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1639" xlink:to="label1639" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange" xlink:label="element1640" />
        <label xlink:type="resource" xlink:label="label1640" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_en-US">Assumption For Measurement Of Current Subordination Levels Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1640" xlink:to="label1640" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange" xlink:label="element1641" />
        <label xlink:type="resource" xlink:label="label1641" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_en-US">Current subordination levels, Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1641" xlink:to="label1641" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange" xlink:label="element1642" />
        <label xlink:type="resource" xlink:label="label1642" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_en-US">Represents the range of inputs/assumptions used to calculate future expected credit losses on impaired assets expressed as a percentage of total current outstanding balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1642" xlink:to="label1642" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange" xlink:label="element1643" />
        <label xlink:type="resource" xlink:label="label1643" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_en-US">Assumption For Measurement Of Expected Size Of Losses Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1643" xlink:to="label1643" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange" xlink:label="element1644" />
        <label xlink:type="resource" xlink:label="label1644" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_en-US">Expected size of losses, Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1644" xlink:to="label1644" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfPrepaymentSpeedRange" xlink:label="element1645" />
        <label xlink:type="resource" xlink:label="label1645" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_en-US">Represents the range of inputs/assumptions used to calculate the high and low points of lifetime vectors of constant prepayment rates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1645" xlink:to="label1645" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfPrepaymentSpeedRange" xlink:label="element1646" />
        <label xlink:type="resource" xlink:label="label1646" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_en-US">Assumption For Measurement Of Prepayment Speed Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1646" xlink:to="label1646" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfPrepaymentSpeedRange" xlink:label="element1647" />
        <label xlink:type="resource" xlink:label="label1647" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_en-US">Prepayment speed (annual constant prepayment rate), Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1647" xlink:to="label1647" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankruptcyMember" xlink:label="element1648" />
        <label xlink:type="resource" xlink:label="label1648" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BankruptcyMember_en-US">Bankruptcy [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1648" xlink:to="label1648" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankruptcyMember" xlink:label="element1649" />
        <label xlink:type="resource" xlink:label="label1649" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BankruptcyMember_en-US">Bankruptcy [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1649" xlink:to="label1649" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankruptcyMember" xlink:label="element1650" />
        <label xlink:type="resource" xlink:label="label1650" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BankruptcyMember_en-US">Bankruptcy [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1650" xlink:to="label1650" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BelowInvestmentGradeMember" xlink:label="element1651" />
        <label xlink:type="resource" xlink:label="label1651" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BelowInvestmentGradeMember_en-US">Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1651" xlink:to="label1651" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BelowInvestmentGradeMember" xlink:label="element1652" />
        <label xlink:type="resource" xlink:label="label1652" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BelowInvestmentGradeMember_en-US">Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1652" xlink:to="label1652" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BelowInvestmentGradeMember" xlink:label="element1653" />
        <label xlink:type="resource" xlink:label="label1653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BelowInvestmentGradeMember_en-US">Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1653" xlink:to="label1653" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="element1654" />
        <label xlink:type="resource" xlink:label="label1654" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BETValuationModelMember_en-US">B E T Valuation Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1654" xlink:to="label1654" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="element1655" />
        <label xlink:type="resource" xlink:label="label1655" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BETValuationModelMember_en-US">B E T Valuation Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1655" xlink:to="label1655" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="element1656" />
        <label xlink:type="resource" xlink:label="label1656" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BETValuationModelMember_en-US">BET Valuation Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1656" xlink:to="label1656" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="element1657" />
        <label xlink:type="resource" xlink:label="label1657" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_BETValuationModelMember_en-US">BET Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1657" xlink:to="label1657" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BreachRateMember" xlink:label="element1658" />
        <label xlink:type="resource" xlink:label="label1658" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BreachRateMember_en-US">Breach Rate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1658" xlink:to="label1658" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BreachRateMember" xlink:label="element1659" />
        <label xlink:type="resource" xlink:label="label1659" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BreachRateMember_en-US">Breach Rate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1659" xlink:to="label1659" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BreachRateMember" xlink:label="element1660" />
        <label xlink:type="resource" xlink:label="label1660" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BreachRateMember_en-US">Breach Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1660" xlink:to="label1660" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="element1661" />
        <label xlink:type="resource" xlink:label="label1661" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CapitalLossesCarryForwardPeriodInYears_en-US">Capital losses carry forward period in years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1661" xlink:to="label1661" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="element1662" />
        <label xlink:type="resource" xlink:label="label1662" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CapitalLossesCarryForwardPeriodInYears_en-US">Capital Losses Carry Forward Period In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1662" xlink:to="label1662" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="element1663" />
        <label xlink:type="resource" xlink:label="label1663" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CapitalLossesCarryForwardPeriodInYears_en-US">Capital losses carryforward period in years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1663" xlink:to="label1663" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="element1664" />
        <label xlink:type="resource" xlink:label="label1664" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_en-US">Cash And Money Market Securities Collateral for Investment Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1664" xlink:to="label1664" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="element1665" />
        <label xlink:type="resource" xlink:label="label1665" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_en-US">Cash And Money Market Securities Collateral For Investment Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1665" xlink:to="label1665" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="element1666" />
        <label xlink:type="resource" xlink:label="label1666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_en-US">Cash and money market securities pledged as collateral under investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1666" xlink:to="label1666" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListHighMember" xlink:label="element1667" />
        <label xlink:type="resource" xlink:label="label1667" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CautionListHighMember_en-US">Caution List High [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1667" xlink:to="label1667" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListHighMember" xlink:label="element1668" />
        <label xlink:type="resource" xlink:label="label1668" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CautionListHighMember_en-US">Caution List High [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1668" xlink:to="label1668" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListHighMember" xlink:label="element1669" />
        <label xlink:type="resource" xlink:label="label1669" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CautionListHighMember_en-US">Caution List High [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1669" xlink:to="label1669" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListLowMember" xlink:label="element1670" />
        <label xlink:type="resource" xlink:label="label1670" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CautionListLowMember_en-US">Caution List Low [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1670" xlink:to="label1670" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListLowMember" xlink:label="element1671" />
        <label xlink:type="resource" xlink:label="label1671" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CautionListLowMember_en-US">Caution List Low [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1671" xlink:to="label1671" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListLowMember" xlink:label="element1672" />
        <label xlink:type="resource" xlink:label="label1672" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CautionListLowMember_en-US">Caution List Low [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1672" xlink:to="label1672" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListMediumMember" xlink:label="element1673" />
        <label xlink:type="resource" xlink:label="label1673" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CautionListMediumMember_en-US">Caution List Medium [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1673" xlink:to="label1673" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListMediumMember" xlink:label="element1674" />
        <label xlink:type="resource" xlink:label="label1674" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CautionListMediumMember_en-US">Caution List Medium [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1674" xlink:to="label1674" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListMediumMember" xlink:label="element1675" />
        <label xlink:type="resource" xlink:label="label1675" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CautionListMediumMember_en-US">Caution List Medium [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1675" xlink:to="label1675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CentralAndSouthAmericaMember" xlink:label="element1676" />
        <label xlink:type="resource" xlink:label="label1676" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CentralAndSouthAmericaMember_en-US">Central and South America [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1676" xlink:to="label1676" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CentralAndSouthAmericaMember" xlink:label="element1677" />
        <label xlink:type="resource" xlink:label="label1677" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CentralAndSouthAmericaMember_en-US">Central And South America [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1677" xlink:to="label1677" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CentralAndSouthAmericaMember" xlink:label="element1678" />
        <label xlink:type="resource" xlink:label="label1678" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CentralAndSouthAmericaMember_en-US">Central And South America [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1678" xlink:to="label1678" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="element1679" />
        <label xlink:type="resource" xlink:label="label1679" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_en-US">Change In Recoveries Of Actual And Expected Payments Related To Ineligible Mortgages</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1679" xlink:to="label1679" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="element1680" />
        <label xlink:type="resource" xlink:label="label1680" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_en-US">Change In Recoveries Of Actual And Expected Payments Related To Ineligible Mortgages</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1680" xlink:to="label1680" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="element1681" />
        <label xlink:type="resource" xlink:label="label1681" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_en-US">Change in recoveries of actual and expected payments primarily related to ineligible mortgages</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1681" xlink:to="label1681" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="element1682" />
        <label xlink:type="resource" xlink:label="label1682" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_en-US">Change In Unrealized Gains (Losses) For The Period Included In Earnings For Assets And Liabilities Still Held [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1682" xlink:to="label1682" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="element1683" />
        <label xlink:type="resource" xlink:label="label1683" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_en-US">Change In Unrealized Gains Losses For Period Included In Earnings For Assets And Liabilities Still Held [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1683" xlink:to="label1683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="element1684" />
        <label xlink:type="resource" xlink:label="label1684" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_en-US">Change In Unrealized Gains (Losses) For The Period Included In Earnings For Assets And Liabilities Still Held [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1684" xlink:to="label1684" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="element1685" />
        <label xlink:type="resource" xlink:label="label1685" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_en-US">Changes In Fair Value Included In CompanyS Consolidated Income Statement For All Financial Instruments For Which Fair Value Option Was Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1685" xlink:to="label1685" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="element1686" />
        <label xlink:type="resource" xlink:label="label1686" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_en-US">Changes In Fair Value Included In Company S Consolidated Income Statement For All Financial Instruments For Which Fair Value Option Was Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1686" xlink:to="label1686" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="element1687" />
        <label xlink:type="resource" xlink:label="label1687" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_en-US">OLD Changes In Fair Value Included In The Company's Consolidated Statements Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1687" xlink:to="label1687" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChargedOffLoanRecoveryValue" xlink:label="element1688" />
        <label xlink:type="resource" xlink:label="label1688" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChargedOffLoanRecoveryValue_en-US">Charged Off Loan Recovery Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1688" xlink:to="label1688" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChargedOffLoanRecoveryValue" xlink:label="element1689" />
        <label xlink:type="resource" xlink:label="label1689" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChargedOffLoanRecoveryValue_en-US">Charged Off Loan Recovery Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1689" xlink:to="label1689" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChargedOffLoanRecoveryValue" xlink:label="element1690" />
        <label xlink:type="resource" xlink:label="label1690" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChargedOffLoanRecoveryValue_en-US">Charged-off loans recovery values</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1690" xlink:to="label1690" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="element1691" />
        <label xlink:type="resource" xlink:label="label1691" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClaimLiabilityAxis_en-US">Claim Liability [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1691" xlink:to="label1691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="element1692" />
        <label xlink:type="resource" xlink:label="label1692" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClaimLiabilityAxis_en-US">Claim Liability [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1692" xlink:to="label1692" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="element1693" />
        <label xlink:type="resource" xlink:label="label1693" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClaimLiabilityAxis_en-US">Claim Liability [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1693" xlink:to="label1693" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="element1694" />
        <label xlink:type="resource" xlink:label="label1694" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClaimLiabilityDomain_en-US">Claim Liability [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1694" xlink:to="label1694" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="element1695" />
        <label xlink:type="resource" xlink:label="label1695" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClaimLiabilityDomain_en-US">Claim Liability [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1695" xlink:to="label1695" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="element1696" />
        <label xlink:type="resource" xlink:label="label1696" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClaimLiabilityDomain_en-US">Claim Liability [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1696" xlink:to="label1696" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimPayments" xlink:label="element1697" />
        <label xlink:type="resource" xlink:label="label1697" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClaimPayments_en-US">This element represents the gross amount of claim payments during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1697" xlink:to="label1697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimPayments" xlink:label="element1698" />
        <label xlink:type="resource" xlink:label="label1698" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClaimPayments_en-US">Claim Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1698" xlink:to="label1698" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimPayments" xlink:label="element1699" />
        <label xlink:type="resource" xlink:label="label1699" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClaimPayments_en-US">Claims payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1699" xlink:to="label1699" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedListMember" xlink:label="element1700" />
        <label xlink:type="resource" xlink:label="label1700" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassifiedListMember_en-US">Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1700" xlink:to="label1700" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedListMember" xlink:label="element1701" />
        <label xlink:type="resource" xlink:label="label1701" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassifiedListMember_en-US">Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1701" xlink:to="label1701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedListMember" xlink:label="element1702" />
        <label xlink:type="resource" xlink:label="label1702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassifiedListMember_en-US">Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1702" xlink:to="label1702" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="element1703" />
        <label xlink:type="resource" xlink:label="label1703" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassifiedMember_en-US">Classified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1703" xlink:to="label1703" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="element1704" />
        <label xlink:type="resource" xlink:label="label1704" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassifiedMember_en-US">Classified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1704" xlink:to="label1704" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="element1705" />
        <label xlink:type="resource" xlink:label="label1705" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassifiedMember_en-US">Classified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1705" xlink:to="label1705" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="element1706" />
        <label xlink:type="resource" xlink:label="label1706" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassifiedStatusAxis_en-US">Classified Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1706" xlink:to="label1706" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="element1707" />
        <label xlink:type="resource" xlink:label="label1707" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassifiedStatusAxis_en-US">Classified Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1707" xlink:to="label1707" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="element1708" />
        <label xlink:type="resource" xlink:label="label1708" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassifiedStatusAxis_en-US">Classified Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1708" xlink:to="label1708" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="element1709" />
        <label xlink:type="resource" xlink:label="label1709" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassifiedStatusDomain_en-US">Classified Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1709" xlink:to="label1709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="element1710" />
        <label xlink:type="resource" xlink:label="label1710" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassifiedStatusDomain_en-US">Classified Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1710" xlink:to="label1710" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="element1711" />
        <label xlink:type="resource" xlink:label="label1711" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassifiedStatusDomain_en-US">Classified Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1711" xlink:to="label1711" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="element1712" />
        <label xlink:type="resource" xlink:label="label1712" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CollectionsForCasesWithRecoveries_en-US">Cash receipts related to recoveries of previously paid claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1712" xlink:to="label1712" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="element1713" />
        <label xlink:type="resource" xlink:label="label1713" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CollectionsForCasesWithRecoveries_en-US">Collections For Cases With Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1713" xlink:to="label1713" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="element1714" />
        <label xlink:type="resource" xlink:label="label1714" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_CollectionsForCasesWithRecoveries_en-US">Collections for Cases with Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1714" xlink:to="label1714" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="element1715" />
        <label xlink:type="resource" xlink:label="label1715" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_en-US">Commercial Mortgage-Backed Securities Spreads [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1715" xlink:to="label1715" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="element1716" />
        <label xlink:type="resource" xlink:label="label1716" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_en-US">Commercial Mortgage Backed Securities Spreads [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1716" xlink:to="label1716" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="element1717" />
        <label xlink:type="resource" xlink:label="label1717" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_en-US">CMBS Spreads [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1717" xlink:to="label1717" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="element1718" />
        <label xlink:type="resource" xlink:label="label1718" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommutedGrossInsuredExposure_en-US">This element represents the gross insured exposure commuted duting the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1718" xlink:to="label1718" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="element1719" />
        <label xlink:type="resource" xlink:label="label1719" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommutedGrossInsuredExposure_en-US">Commuted Gross Insured Exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1719" xlink:to="label1719" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="element1720" />
        <label xlink:type="resource" xlink:label="label1720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CommutedGrossInsuredExposure_en-US">Commuted gross insured exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1720" xlink:to="label1720" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="element1721" />
        <label xlink:type="resource" xlink:label="label1721" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConduitsMember_en-US">Conduits [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1721" xlink:to="label1721" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="element1722" />
        <label xlink:type="resource" xlink:label="label1722" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConduitsMember_en-US">Conduits [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1722" xlink:to="label1722" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="element1723" />
        <label xlink:type="resource" xlink:label="label1723" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConduitsMember_en-US">Conduit [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1723" xlink:to="label1723" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="element1724" />
        <label xlink:type="resource" xlink:label="label1724" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsumerAssetBackedMember_en-US">Consumer Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1724" xlink:to="label1724" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="element1725" />
        <label xlink:type="resource" xlink:label="label1725" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsumerAssetBackedMember_en-US">Consumer Asset Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1725" xlink:to="label1725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="element1726" />
        <label xlink:type="resource" xlink:label="label1726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsumerAssetBackedMember_en-US">Consumer Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1726" xlink:to="label1726" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="element1727" />
        <label xlink:type="resource" xlink:label="label1727" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_en-US">Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1727" xlink:to="label1727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="element1728" />
        <label xlink:type="resource" xlink:label="label1728" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_en-US">Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1728" xlink:to="label1728" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="element1729" />
        <label xlink:type="resource" xlink:label="label1729" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_en-US">Contract claims on ineligible mortgage loans inception to date, incurred loss on transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1729" xlink:to="label1729" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="element1730" />
        <label xlink:type="resource" xlink:label="label1730" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CorporateAssetBackedMember_en-US">Corporate Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1730" xlink:to="label1730" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="element1731" />
        <label xlink:type="resource" xlink:label="label1731" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CorporateAssetBackedMember_en-US">Corporate Asset Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1731" xlink:to="label1731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="element1732" />
        <label xlink:type="resource" xlink:label="label1732" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CorporateAssetBackedMember_en-US">Corporate Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1732" xlink:to="label1732" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="element1733" />
        <label xlink:type="resource" xlink:label="label1733" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CorporateObligationMember_en-US">Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1733" xlink:to="label1733" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="element1734" />
        <label xlink:type="resource" xlink:label="label1734" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CorporateObligationMember_en-US">Corporate Obligation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1734" xlink:to="label1734" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="element1735" />
        <label xlink:type="resource" xlink:label="label1735" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CorporateObligationMember_en-US">Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1735" xlink:to="label1735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateOperationsMember" xlink:label="element1736" />
        <label xlink:type="resource" xlink:label="label1736" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CorporateOperationsMember_en-US">Corporate Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1736" xlink:to="label1736" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateOperationsMember" xlink:label="element1737" />
        <label xlink:type="resource" xlink:label="label1737" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CorporateOperationsMember_en-US">Corporate Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1737" xlink:to="label1737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateOperationsMember" xlink:label="element1738" />
        <label xlink:type="resource" xlink:label="label1738" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CorporateOperationsMember_en-US">Corporate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1738" xlink:to="label1738" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="element1739" />
        <label xlink:type="resource" xlink:label="label1739" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditDerivativesMember_en-US">Credit derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1739" xlink:to="label1739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="element1740" />
        <label xlink:type="resource" xlink:label="label1740" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditDerivativesMember_en-US">Credit Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1740" xlink:to="label1740" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="element1741" />
        <label xlink:type="resource" xlink:label="label1741" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditDerivativesMember_en-US">Credit Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1741" xlink:to="label1741" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaaMember" xlink:label="element1742" />
        <label xlink:type="resource" xlink:label="label1742" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingAaaMember_en-US">Credit Rating AAA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1742" xlink:to="label1742" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaaMember" xlink:label="element1743" />
        <label xlink:type="resource" xlink:label="label1743" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingAaaMember_en-US">Credit Rating Aaa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1743" xlink:to="label1743" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaaMember" xlink:label="element1744" />
        <label xlink:type="resource" xlink:label="label1744" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingAaaMember_en-US">AAA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1744" xlink:to="label1744" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaMember" xlink:label="element1745" />
        <label xlink:type="resource" xlink:label="label1745" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingAaMember_en-US">Credit Rating AA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1745" xlink:to="label1745" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaMember" xlink:label="element1746" />
        <label xlink:type="resource" xlink:label="label1746" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingAaMember_en-US">Credit Rating Aa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1746" xlink:to="label1746" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaMember" xlink:label="element1747" />
        <label xlink:type="resource" xlink:label="label1747" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingAaMember_en-US">AA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1747" xlink:to="label1747" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBbbMember" xlink:label="element1748" />
        <label xlink:type="resource" xlink:label="label1748" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingBbbMember_en-US">Credit Rating BBB [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1748" xlink:to="label1748" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBbbMember" xlink:label="element1749" />
        <label xlink:type="resource" xlink:label="label1749" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingBbbMember_en-US">Credit Rating Bbb [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1749" xlink:to="label1749" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBbbMember" xlink:label="element1750" />
        <label xlink:type="resource" xlink:label="label1750" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingBbbMember_en-US">BBB [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1750" xlink:to="label1750" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="element1751" />
        <label xlink:type="resource" xlink:label="label1751" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingBelowInvestmentGradeMember_en-US">Credit Rating Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1751" xlink:to="label1751" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="element1752" />
        <label xlink:type="resource" xlink:label="label1752" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingBelowInvestmentGradeMember_en-US">Credit Rating Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1752" xlink:to="label1752" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="element1753" />
        <label xlink:type="resource" xlink:label="label1753" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingBelowInvestmentGradeMember_en-US">Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1753" xlink:to="label1753" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingaMember" xlink:label="element1754" />
        <label xlink:type="resource" xlink:label="label1754" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingaMember_en-US">Credit Rating A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1754" xlink:to="label1754" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingaMember" xlink:label="element1755" />
        <label xlink:type="resource" xlink:label="label1755" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingaMember_en-US">Credit Ratinga [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1755" xlink:to="label1755" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingaMember" xlink:label="element1756" />
        <label xlink:type="resource" xlink:label="label1756" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingaMember_en-US">Credit Rating A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1756" xlink:to="label1756" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element1757" />
        <label xlink:type="resource" xlink:label="label1757" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1757" xlink:to="label1757" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element1758" />
        <label xlink:type="resource" xlink:label="label1758" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Available For Sale Cumulative Other Than Temporary Impairment Of Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1758" xlink:to="label1758" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element1759" />
        <label xlink:type="resource" xlink:label="label1759" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1759" xlink:to="label1759" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="element1760" />
        <label xlink:type="resource" xlink:label="label1760" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CurrencyDerivativesMember_en-US">Currency Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1760" xlink:to="label1760" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="element1761" />
        <label xlink:type="resource" xlink:label="label1761" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CurrencyDerivativesMember_en-US">Currency Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1761" xlink:to="label1761" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="element1762" />
        <label xlink:type="resource" xlink:label="label1762" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CurrencyDerivativesMember_en-US">Currency Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1762" xlink:to="label1762" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="element1763" />
        <label xlink:type="resource" xlink:label="label1763" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CurrencySwapsVieMember_en-US">Currency Swaps -VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1763" xlink:to="label1763" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="element1764" />
        <label xlink:type="resource" xlink:label="label1764" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CurrencySwapsVieMember_en-US">Currency Swaps Vie [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1764" xlink:to="label1764" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="element1765" />
        <label xlink:type="resource" xlink:label="label1765" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CurrencySwapsVieMember_en-US">Currency Swaps-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1765" xlink:to="label1765" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" xlink:label="element1766" />
        <label xlink:type="resource" xlink:label="label1766" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_en-US">Current Risk Free Rate Associated With Underlying Transaction, Range, Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1766" xlink:to="label1766" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" xlink:label="element1767" />
        <label xlink:type="resource" xlink:label="label1767" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_en-US">Current Risk Free Rate Associated With Underlying Transaction Range Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1767" xlink:to="label1767" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" xlink:label="element1768" />
        <label xlink:type="resource" xlink:label="label1768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_en-US">Current risk-free rate associated with underlying transaction, range, maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1768" xlink:to="label1768" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" xlink:label="element1769" />
        <label xlink:type="resource" xlink:label="label1769" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_en-US">Current Risk Free Rate Associated With Underlying Transaction, Range, Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1769" xlink:to="label1769" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" xlink:label="element1770" />
        <label xlink:type="resource" xlink:label="label1770" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_en-US">Current Risk Free Rate Associated With Underlying Transaction Range Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1770" xlink:to="label1770" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" xlink:label="element1771" />
        <label xlink:type="resource" xlink:label="label1771" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_en-US">Current risk-free rate associated with underlying transaction, range, minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1771" xlink:to="label1771" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction" xlink:label="element1772" />
        <label xlink:type="resource" xlink:label="label1772" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_en-US">Decrease In Percentage Of Current Roll To Loss For Transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1772" xlink:to="label1772" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction" xlink:label="element1773" />
        <label xlink:type="resource" xlink:label="label1773" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_en-US">Decrease In Percentage Of Current Roll To Loss For Transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1773" xlink:to="label1773" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction" xlink:label="element1774" />
        <label xlink:type="resource" xlink:label="label1774" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_en-US">Decrease in percentage of Current Roll to Loss for transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1774" xlink:to="label1774" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="element1775" />
        <label xlink:type="resource" xlink:label="label1775" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_en-US">The tax effect as of the balance sheet date of the amount of the estimated future tax deductions, before any related valuation allowance, arising from unrealized losses on available-for-sale securities which can only be deducted for tax purposes when the losses are realized.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1775" xlink:to="label1775" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="element1776" />
        <label xlink:type="resource" xlink:label="label1776" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_en-US">Deferred Tax Assets Unrealized Losses On Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1776" xlink:to="label1776" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="element1777" />
        <label xlink:type="resource" xlink:label="label1777" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_en-US">Deferred tax assets related to net unrealized losses on investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1777" xlink:to="label1777" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="element1778" />
        <label xlink:type="resource" xlink:label="label1778" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DelinquencyBucketsDomain_en-US">Delinquency Buckets [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1778" xlink:to="label1778" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="element1779" />
        <label xlink:type="resource" xlink:label="label1779" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DelinquencyBucketsDomain_en-US">Delinquency Buckets [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1779" xlink:to="label1779" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="element1780" />
        <label xlink:type="resource" xlink:label="label1780" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DelinquencyBucketsDomain_en-US">Delinquency Buckets [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1780" xlink:to="label1780" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="element1781" />
        <label xlink:type="resource" xlink:label="label1781" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DelinquencyPeriodAxis_en-US">Delinquency Period [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1781" xlink:to="label1781" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="element1782" />
        <label xlink:type="resource" xlink:label="label1782" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DelinquencyPeriodAxis_en-US">Delinquency Period [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1782" xlink:to="label1782" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="element1783" />
        <label xlink:type="resource" xlink:label="label1783" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DelinquencyPeriodAxis_en-US">Delinquency Period [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1783" xlink:to="label1783" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" xlink:label="element1784" />
        <label xlink:type="resource" xlink:label="label1784" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_en-US">Delinquency Period Charged Off On A Transaction Specific Basis Days</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1784" xlink:to="label1784" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" xlink:label="element1785" />
        <label xlink:type="resource" xlink:label="label1785" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_en-US">Delinquency Period Charged Off On Transaction Specific Basis Days</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1785" xlink:to="label1785" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" xlink:label="element1786" />
        <label xlink:type="resource" xlink:label="label1786" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_en-US">Delinquency period charged off on transaction specific basis, days</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1786" xlink:to="label1786" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="element1787" />
        <label xlink:type="resource" xlink:label="label1787" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative Asset Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1787" xlink:to="label1787" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="element1788" />
        <label xlink:type="resource" xlink:label="label1788" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1788" xlink:to="label1788" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="element1789" />
        <label xlink:type="resource" xlink:label="label1789" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets, Designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1789" xlink:to="label1789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="element1790" />
        <label xlink:type="resource" xlink:label="label1790" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsMember_en-US">Derivative Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1790" xlink:to="label1790" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="element1791" />
        <label xlink:type="resource" xlink:label="label1791" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsMember_en-US">Derivative Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1791" xlink:to="label1791" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="element1792" />
        <label xlink:type="resource" xlink:label="label1792" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsMember_en-US">Derivative Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1792" xlink:to="label1792" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1793" />
        <label xlink:type="resource" xlink:label="label1793" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative Asset Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1793" xlink:to="label1793" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1794" />
        <label xlink:type="resource" xlink:label="label1794" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets Not Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1794" xlink:to="label1794" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1795" />
        <label xlink:type="resource" xlink:label="label1795" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets, Not designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1795" xlink:to="label1795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="element1796" />
        <label xlink:type="resource" xlink:label="label1796" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsVIEMember_en-US">Derivative Assets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1796" xlink:to="label1796" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="element1797" />
        <label xlink:type="resource" xlink:label="label1797" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsVIEMember_en-US">Derivative Assets V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1797" xlink:to="label1797" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="element1798" />
        <label xlink:type="resource" xlink:label="label1798" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsVIEMember_en-US">Derivative Assets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1798" xlink:to="label1798" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="element1799" />
        <label xlink:type="resource" xlink:label="label1799" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1799" xlink:to="label1799" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="element1800" />
        <label xlink:type="resource" xlink:label="label1800" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1800" xlink:to="label1800" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="element1801" />
        <label xlink:type="resource" xlink:label="label1801" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_en-US">Derivative assets, after counterparty netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1801" xlink:to="label1801" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element1802" />
        <label xlink:type="resource" xlink:label="label1802" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Derivative Fair Value Of Derivative Assets Reported In Derivative Assets And Derivative Assets VIEs Net Of Counterparty Netting And Embedded Reclasses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1802" xlink:to="label1802" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element1803" />
        <label xlink:type="resource" xlink:label="label1803" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1803" xlink:to="label1803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element1804" />
        <label xlink:type="resource" xlink:label="label1804" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Other assets and other assets of consolidated VIEs, after counterparty netting and embedded reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1804" xlink:to="label1804" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="element1805" />
        <label xlink:type="resource" xlink:label="label1805" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1805" xlink:to="label1805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="element1806" />
        <label xlink:type="resource" xlink:label="label1806" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1806" xlink:to="label1806" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="element1807" />
        <label xlink:type="resource" xlink:label="label1807" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_en-US">Derivative liabilities, after counterparty netting and posting of cash collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1807" xlink:to="label1807" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="element1808" />
        <label xlink:type="resource" xlink:label="label1808" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative liability Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1808" xlink:to="label1808" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="element1809" />
        <label xlink:type="resource" xlink:label="label1809" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1809" xlink:to="label1809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="element1810" />
        <label xlink:type="resource" xlink:label="label1810" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities, Designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1810" xlink:to="label1810" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="element1811" />
        <label xlink:type="resource" xlink:label="label1811" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesMember_en-US">Derivative Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1811" xlink:to="label1811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="element1812" />
        <label xlink:type="resource" xlink:label="label1812" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesMember_en-US">Derivative Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1812" xlink:to="label1812" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1813" />
        <label xlink:type="resource" xlink:label="label1813" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative liability Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1813" xlink:to="label1813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1814" />
        <label xlink:type="resource" xlink:label="label1814" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities Not Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1814" xlink:to="label1814" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1815" />
        <label xlink:type="resource" xlink:label="label1815" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities, Not designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1815" xlink:to="label1815" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="element1816" />
        <label xlink:type="resource" xlink:label="label1816" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesOtherInvestmentsMember_en-US">Derivative Liabilities Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1816" xlink:to="label1816" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="element1817" />
        <label xlink:type="resource" xlink:label="label1817" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesOtherInvestmentsMember_en-US">Derivative Liabilities Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1817" xlink:to="label1817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="element1818" />
        <label xlink:type="resource" xlink:label="label1818" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeLiabilitiesOtherInvestmentsMember_en-US">Derivative Liabilities, Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1818" xlink:to="label1818" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="element1819" />
        <label xlink:type="resource" xlink:label="label1819" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesVIEMember_en-US">Derivative Liabilities VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1819" xlink:to="label1819" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="element1820" />
        <label xlink:type="resource" xlink:label="label1820" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesVIEMember_en-US">Derivative Liabilities V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1820" xlink:to="label1820" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="element1821" />
        <label xlink:type="resource" xlink:label="label1821" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeLiabilitiesVIEMember_en-US">Derivative Liabilities-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1821" xlink:to="label1821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="element1822" />
        <label xlink:type="resource" xlink:label="label1822" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativesCededUnderReinsuranceAgreements_en-US">Derivatives Ceded Under Reinsurance Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1822" xlink:to="label1822" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="element1823" />
        <label xlink:type="resource" xlink:label="label1823" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativesCededUnderReinsuranceAgreements_en-US">Derivatives Ceded Under Reinsurance Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1823" xlink:to="label1823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="element1824" />
        <label xlink:type="resource" xlink:label="label1824" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativesCededUnderReinsuranceAgreements_en-US">Insured derivatives ceded under reinsurance agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1824" xlink:to="label1824" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="element1825" />
        <label xlink:type="resource" xlink:label="label1825" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_en-US">Difference Between The Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding For Loans And Long Term Debt For Which Fair Value Option Has Been Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1825" xlink:to="label1825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="element1826" />
        <label xlink:type="resource" xlink:label="label1826" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_en-US">Difference Between Aggregate Fair Value And Aggregate Remaining Contractual Principal For Loans And Long Term Debt For Which Fair Value Option Has Been Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1826" xlink:to="label1826" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="element1827" />
        <label xlink:type="resource" xlink:label="label1827" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_en-US">Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1827" xlink:to="label1827" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="element1828" />
        <label xlink:type="resource" xlink:label="label1828" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DirectPriceModelMember_en-US">Direct Price Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1828" xlink:to="label1828" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="element1829" />
        <label xlink:type="resource" xlink:label="label1829" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DirectPriceModelMember_en-US">Direct Price Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1829" xlink:to="label1829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="element1830" />
        <label xlink:type="resource" xlink:label="label1830" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DirectPriceModelMember_en-US">Direct Price Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1830" xlink:to="label1830" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="element1831" />
        <label xlink:type="resource" xlink:label="label1831" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1831" xlink:to="label1831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="element1832" />
        <label xlink:type="resource" xlink:label="label1832" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1832" xlink:to="label1832" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="element1833" />
        <label xlink:type="resource" xlink:label="label1833" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1833" xlink:to="label1833" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="element1834" />
        <label xlink:type="resource" xlink:label="label1834" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1834" xlink:to="label1834" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="element1835" />
        <label xlink:type="resource" xlink:label="label1835" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1835" xlink:to="label1835" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="element1836" />
        <label xlink:type="resource" xlink:label="label1836" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1836" xlink:to="label1836" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="element1837" />
        <label xlink:type="resource" xlink:label="label1837" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_en-US">Disclosure - Business Developments, Risks And Uncertainties, And Liquidity (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1837" xlink:to="label1837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="element1838" />
        <label xlink:type="resource" xlink:label="label1838" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_en-US">Disclosure Business Developments Risks And Uncertainties And Liquidity Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1838" xlink:to="label1838" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="element1839" />
        <label xlink:type="resource" xlink:label="label1839" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_en-US">Disclosure - Business Developments, Risks And Uncertainties, And Liquidity (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1839" xlink:to="label1839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="element1840" />
        <label xlink:type="resource" xlink:label="label1840" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_en-US">Disclosure - Business Segments (Summary Of Company's Segment Results) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1840" xlink:to="label1840" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="element1841" />
        <label xlink:type="resource" xlink:label="label1841" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_en-US">Disclosure Business Segments Summary Of Companys Segment Results [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1841" xlink:to="label1841" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="element1842" />
        <label xlink:type="resource" xlink:label="label1842" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_en-US">Disclosure - Business Segments (Summary Of Company's Segment Results) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1842" xlink:to="label1842" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="element1843" />
        <label xlink:type="resource" xlink:label="label1843" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_en-US">Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1843" xlink:to="label1843" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="element1844" />
        <label xlink:type="resource" xlink:label="label1844" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_en-US">Disclosure Business Segments Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1844" xlink:to="label1844" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="element1845" />
        <label xlink:type="resource" xlink:label="label1845" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_en-US">Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1845" xlink:to="label1845" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="element1846" />
        <label xlink:type="resource" xlink:label="label1846" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_en-US">Disclosure - Derivative Instruments (Credit Derivatives Sold) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1846" xlink:to="label1846" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="element1847" />
        <label xlink:type="resource" xlink:label="label1847" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_en-US">Disclosure Derivative Instruments Credit Derivatives Sold [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1847" xlink:to="label1847" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="element1848" />
        <label xlink:type="resource" xlink:label="label1848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_en-US">Disclosure - Derivative Instruments (Credit Derivatives Sold) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1848" xlink:to="label1848" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="element1849" />
        <label xlink:type="resource" xlink:label="label1849" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1849" xlink:to="label1849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="element1850" />
        <label xlink:type="resource" xlink:label="label1850" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure Derivative Instruments Effect Of Derivative Instruments On Consolidated Statements Of Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1850" xlink:to="label1850" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="element1851" />
        <label xlink:type="resource" xlink:label="label1851" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1851" xlink:to="label1851" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="element1852" />
        <label xlink:type="resource" xlink:label="label1852" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_en-US">Disclosure - Derivative Instruments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1852" xlink:to="label1852" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="element1853" />
        <label xlink:type="resource" xlink:label="label1853" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_en-US">Disclosure Derivative Instruments Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1853" xlink:to="label1853" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="element1854" />
        <label xlink:type="resource" xlink:label="label1854" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_en-US">Disclosure - Derivative Instruments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1854" xlink:to="label1854" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="element1855" />
        <label xlink:type="resource" xlink:label="label1855" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_en-US">Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1855" xlink:to="label1855" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="element1856" />
        <label xlink:type="resource" xlink:label="label1856" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_en-US">Disclosure Derivative Instruments Total Fair Value Of Companys Derivative Assets And Liabilities By Instrument And Balance Sheet Location Before Counterparty Netting [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1856" xlink:to="label1856" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="element1857" />
        <label xlink:type="resource" xlink:label="label1857" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_en-US">Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1857" xlink:to="label1857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="element1858" />
        <label xlink:type="resource" xlink:label="label1858" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_en-US">Disclosure - Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1858" xlink:to="label1858" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="element1859" />
        <label xlink:type="resource" xlink:label="label1859" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_en-US">Disclosure Earnings Per Share Schedule Of Basic And Diluted Earnings Per Share [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1859" xlink:to="label1859" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="element1860" />
        <label xlink:type="resource" xlink:label="label1860" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_en-US">Disclosure - Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1860" xlink:to="label1860" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="element1861" />
        <label xlink:type="resource" xlink:label="label1861" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Fair Value Included In The Company's Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1861" xlink:to="label1861" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="element1862" />
        <label xlink:type="resource" xlink:label="label1862" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure Fair Value Measurement Changes In Fair Value Included In Companys Consolidated Statements Of Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1862" xlink:to="label1862" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="element1863" />
        <label xlink:type="resource" xlink:label="label1863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Fair Value Included In The Company's Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1863" xlink:to="label1863" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1864" />
        <label xlink:type="resource" xlink:label="label1864" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1864" xlink:to="label1864" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1865" />
        <label xlink:type="resource" xlink:label="label1865" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure Fair Value Measurement Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1865" xlink:to="label1865" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1866" />
        <label xlink:type="resource" xlink:label="label1866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1866" xlink:to="label1866" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1867" />
        <label xlink:type="resource" xlink:label="label1867" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1867" xlink:to="label1867" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1868" />
        <label xlink:type="resource" xlink:label="label1868" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure Fair Value Measurement Companys Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1868" xlink:to="label1868" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1869" />
        <label xlink:type="resource" xlink:label="label1869" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1869" xlink:to="label1869" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="element1870" />
        <label xlink:type="resource" xlink:label="label1870" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_en-US">Disclosure - Fair Value Measurement (Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1870" xlink:to="label1870" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="element1871" />
        <label xlink:type="resource" xlink:label="label1871" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_en-US">Disclosure Fair Value Measurement Difference Between Aggregate Fair Value And Aggregate Remaining Contractual Principal Balance Outstanding [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1871" xlink:to="label1871" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="element1872" />
        <label xlink:type="resource" xlink:label="label1872" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_en-US">Disclosure - Fair Value Measurement (Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1872" xlink:to="label1872" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="element1873" />
        <label xlink:type="resource" xlink:label="label1873" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_en-US">Disclosure - Fair Value Measurement (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1873" xlink:to="label1873" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="element1874" />
        <label xlink:type="resource" xlink:label="label1874" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_en-US">Disclosure Fair Value Measurement Fair Value Hierarchy Table Presents Companys Assets And Liabilities At Fair Value Not Recorded On Companys Consolidated Balance Sheet [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1874" xlink:to="label1874" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="element1875" />
        <label xlink:type="resource" xlink:label="label1875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_en-US">Disclosure - Fair Value Measurement (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1875" xlink:to="label1875" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="element1876" />
        <label xlink:type="resource" xlink:label="label1876" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_en-US">Disclosure - Fair Value Measurement (Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1876" xlink:to="label1876" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="element1877" />
        <label xlink:type="resource" xlink:label="label1877" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_en-US">Disclosure Fair Value Measurement Gains And Losses Realized And Unrealized Included In Earnings Pertaining To Level 3 Assets And Liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1877" xlink:to="label1877" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="element1878" />
        <label xlink:type="resource" xlink:label="label1878" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_en-US">Disclosure - Fair Value Measurement (Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1878" xlink:to="label1878" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="element1879" />
        <label xlink:type="resource" xlink:label="label1879" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementNarrativeAbstract_en-US">Disclosure - Fair Value Measurement (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1879" xlink:to="label1879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="element1880" />
        <label xlink:type="resource" xlink:label="label1880" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementNarrativeAbstract_en-US">Disclosure Fair Value Measurement Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1880" xlink:to="label1880" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="element1881" />
        <label xlink:type="resource" xlink:label="label1881" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementNarrativeAbstract_en-US">Disclosure - Fair Value Measurement (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1881" xlink:to="label1881" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1882" />
        <label xlink:type="resource" xlink:label="label1882" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1882" xlink:to="label1882" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1883" />
        <label xlink:type="resource" xlink:label="label1883" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure Fair Value Measurement Quantitative Information Regarding Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1883" xlink:to="label1883" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1884" />
        <label xlink:type="resource" xlink:label="label1884" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1884" xlink:to="label1884" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="element1885" />
        <label xlink:type="resource" xlink:label="label1885" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_en-US">Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1885" xlink:to="label1885" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="element1886" />
        <label xlink:type="resource" xlink:label="label1886" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_en-US">Disclosure Income Taxes Income Taxes And Related Effective Tax Rates [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1886" xlink:to="label1886" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="element1887" />
        <label xlink:type="resource" xlink:label="label1887" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_en-US">Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1887" xlink:to="label1887" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="element1888" />
        <label xlink:type="resource" xlink:label="label1888" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureIncomeTaxesNarrativeAbstract_en-US">Disclosure - Income Taxes (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1888" xlink:to="label1888" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="element1889" />
        <label xlink:type="resource" xlink:label="label1889" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureIncomeTaxesNarrativeAbstract_en-US">Disclosure Income Taxes Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1889" xlink:to="label1889" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="element1890" />
        <label xlink:type="resource" xlink:label="label1890" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureIncomeTaxesNarrativeAbstract_en-US">Disclosure - Income Taxes (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1890" xlink:to="label1890" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="element1891" />
        <label xlink:type="resource" xlink:label="label1891" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_en-US">Disclosure - Investment Income And Gains And Losses (Net Unrealized Gains (Losses), Including Portion Of Other-Than-Temporary Impairments Included In Accumulated Other Comprehensive Income (Loss), Reported Within Shareholders' Equity) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1891" xlink:to="label1891" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="element1892" />
        <label xlink:type="resource" xlink:label="label1892" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_en-US">Net Unrealized Gains And Losses Included In Accumulated Other Comprehensive Income Loss [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1892" xlink:to="label1892" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract" xlink:label="element1893" />
        <label xlink:type="resource" xlink:label="label1893" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract_en-US">Disclosure - Investment Income And Gains And Losses (Significant Inputs Used In Schedule Of Measurement Of Credit Loss Component Recognized In Earnings For Each Significant Class Of ABS) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1893" xlink:to="label1893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract" xlink:label="element1894" />
        <label xlink:type="resource" xlink:label="label1894" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract_en-US">Disclosure Investment Income And Gains And Losses Significant Inputs Used In Schedule Of Measurement Of Credit Loss Component Recognized In Earnings For Each Significant Class Of Asset Backed Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1894" xlink:to="label1894" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract" xlink:label="element1895" />
        <label xlink:type="resource" xlink:label="label1895" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract_en-US">Disclosure - Investment Income And Gains And Losses (Significant Inputs Used In Schedule Of Measurement Of Credit Loss Component Recognized In Earnings For Each Significant Class Of ABS) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1895" xlink:to="label1895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" xlink:label="element1896" />
        <label xlink:type="resource" xlink:label="label1896" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_en-US">Disclosure - Investments (Fair Values And Gross Unrealized Losses By Credit Rating Category Of Asset Backed Securities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1896" xlink:to="label1896" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" xlink:label="element1897" />
        <label xlink:type="resource" xlink:label="label1897" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_en-US">Disclosure Investments Fair Values And Gross Unrealized Losses By Credit Rating Category Of Asset Backed Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1897" xlink:to="label1897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" xlink:label="element1898" />
        <label xlink:type="resource" xlink:label="label1898" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_en-US">Disclosure - Investments (Fair Values And Gross Unrealized Losses By Credit Rating Category Of Asset Backed Securities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1898" xlink:to="label1898" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="element1899" />
        <label xlink:type="resource" xlink:label="label1899" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_en-US">Disclosure - Investments (Investment Securities Whose Book Value Exceeded Market Value By More Than 5%) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1899" xlink:to="label1899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="element1900" />
        <label xlink:type="resource" xlink:label="label1900" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_en-US">Disclosure Investments Investment Securities Whose Book Value Exceeded Market Value By More Than 5 [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1900" xlink:to="label1900" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="element1901" />
        <label xlink:type="resource" xlink:label="label1901" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_en-US">Disclosure - Investments (Investment Securities Whose Book Value Exceeded Market Value By More Than 5%) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1901" xlink:to="label1901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="element1902" />
        <label xlink:type="resource" xlink:label="label1902" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsNarrativeAbstract_en-US">Disclosure - Investments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1902" xlink:to="label1902" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="element1903" />
        <label xlink:type="resource" xlink:label="label1903" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsNarrativeAbstract_en-US">Disclosure Investments Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1903" xlink:to="label1903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="element1904" />
        <label xlink:type="resource" xlink:label="label1904" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsNarrativeAbstract_en-US">Disclosure - Investments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1904" xlink:to="label1904" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="element1905" />
        <label xlink:type="resource" xlink:label="label1905" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_en-US">Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And The Related Insurance Loss Reserve On Company Insured Investments) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1905" xlink:to="label1905" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="element1906" />
        <label xlink:type="resource" xlink:label="label1906" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_en-US">Disclosure Investments Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And Related Insurance Loss Reserve On Company Insured Investments [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1906" xlink:to="label1906" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="element1907" />
        <label xlink:type="resource" xlink:label="label1907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_en-US">Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And The Related Insurance Loss Reserve On Company Insured Investments) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1907" xlink:to="label1907" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="element1908" />
        <label xlink:type="resource" xlink:label="label1908" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1908" xlink:to="label1908" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="element1909" />
        <label xlink:type="resource" xlink:label="label1909" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Loss And Loss Adjustment Expense Activity Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1909" xlink:to="label1909" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="element1910" />
        <label xlink:type="resource" xlink:label="label1910" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1910" xlink:to="label1910" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract" xlink:label="element1911" />
        <label xlink:type="resource" xlink:label="label1911" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Recoveries) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1911" xlink:to="label1911" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract" xlink:label="element1912" />
        <label xlink:type="resource" xlink:label="label1912" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves R M B S Recoveries Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1912" xlink:to="label1912" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract" xlink:label="element1913" />
        <label xlink:type="resource" xlink:label="label1913" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Recoveries) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1913" xlink:to="label1913" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract" xlink:label="element1914" />
        <label xlink:type="resource" xlink:label="label1914" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1914" xlink:to="label1914" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract" xlink:label="element1915" />
        <label xlink:type="resource" xlink:label="label1915" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves R M B S Reserves Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1915" xlink:to="label1915" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract" xlink:label="element1916" />
        <label xlink:type="resource" xlink:label="label1916" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1916" xlink:to="label1916" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract" xlink:label="element1917" />
        <label xlink:type="resource" xlink:label="label1917" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Before The Elimination Of Amounts Related To Consolidated VIE's) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1917" xlink:to="label1917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract" xlink:label="element1918" />
        <label xlink:type="resource" xlink:label="label1918" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Companys Second Lien Rmbs Exposure Gross Undiscounted Claim Liability And Potential Recoveries Before Elimination Of Consolidated Vies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1918" xlink:to="label1918" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract" xlink:label="element1919" />
        <label xlink:type="resource" xlink:label="label1919" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Before The Elimination Of Amounts Related To Consolidated VIE's) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1919" xlink:to="label1919" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract" xlink:label="element1920" />
        <label xlink:type="resource" xlink:label="label1920" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Expenses Related To Remedial Actions For Insured Obligations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1920" xlink:to="label1920" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract" xlink:label="element1921" />
        <label xlink:type="resource" xlink:label="label1921" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Expenses Related To Remedial Actions For Insured Obligations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1921" xlink:to="label1921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract" xlink:label="element1922" />
        <label xlink:type="resource" xlink:label="label1922" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Expenses Related To Remedial Actions For Insured Obligations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1922" xlink:to="label1922" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="element1923" />
        <label xlink:type="resource" xlink:label="label1923" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1923" xlink:to="label1923" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="element1924" />
        <label xlink:type="resource" xlink:label="label1924" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Financial Guarantees And Related Claim Liability [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1924" xlink:to="label1924" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="element1925" />
        <label xlink:type="resource" xlink:label="label1925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1925" xlink:to="label1925" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="element1926" />
        <label xlink:type="resource" xlink:label="label1926" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1926" xlink:to="label1926" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="element1927" />
        <label xlink:type="resource" xlink:label="label1927" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1927" xlink:to="label1927" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="element1928" />
        <label xlink:type="resource" xlink:label="label1928" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1928" xlink:to="label1928" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="element1929" />
        <label xlink:type="resource" xlink:label="label1929" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1929" xlink:to="label1929" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="element1930" />
        <label xlink:type="resource" xlink:label="label1930" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Loss And Loss Adjustment Expenses Reserves [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1930" xlink:to="label1930" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="element1931" />
        <label xlink:type="resource" xlink:label="label1931" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1931" xlink:to="label1931" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="element1932" />
        <label xlink:type="resource" xlink:label="label1932" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1932" xlink:to="label1932" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="element1933" />
        <label xlink:type="resource" xlink:label="label1933" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Losses And Loss Adjustment Expenses [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1933" xlink:to="label1933" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="element1934" />
        <label xlink:type="resource" xlink:label="label1934" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1934" xlink:to="label1934" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract" xlink:label="element1935" />
        <label xlink:type="resource" xlink:label="label1935" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1935" xlink:to="label1935" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract" xlink:label="element1936" />
        <label xlink:type="resource" xlink:label="label1936" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Present Value Of Probability Weighted Future Claim Payments And Recoveries [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1936" xlink:to="label1936" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract" xlink:label="element1937" />
        <label xlink:type="resource" xlink:label="label1937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1937" xlink:to="label1937" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract" xlink:label="element1938" />
        <label xlink:type="resource" xlink:label="label1938" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Total Estimated Recoveries From Ineligible Second-Lien Mortgage Loans) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1938" xlink:to="label1938" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract" xlink:label="element1939" />
        <label xlink:type="resource" xlink:label="label1939" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Total Estimated Recoveries From Ineligible Second Lien Mortgage Loans [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1939" xlink:to="label1939" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract" xlink:label="element1940" />
        <label xlink:type="resource" xlink:label="label1940" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Total Estimated Recoveries From Ineligible Second-Lien Mortgage Loans) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1940" xlink:to="label1940" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract" xlink:label="element1941" />
        <label xlink:type="resource" xlink:label="label1941" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Summary Of Credit Impairments Related To Derivatives) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1941" xlink:to="label1941" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract" xlink:label="element1942" />
        <label xlink:type="resource" xlink:label="label1942" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Summary Of Credit Impairments Related To Derivatives Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1942" xlink:to="label1942" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract" xlink:label="element1943" />
        <label xlink:type="resource" xlink:label="label1943" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Summary Of Credit Impairments Related To Derivatives) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1943" xlink:to="label1943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="element1944" />
        <label xlink:type="resource" xlink:label="label1944" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_en-US">Disclosure - Variable Interest Entities (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1944" xlink:to="label1944" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="element1945" />
        <label xlink:type="resource" xlink:label="label1945" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_en-US">Disclosure Variable Interest Entities Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1945" xlink:to="label1945" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="element1946" />
        <label xlink:type="resource" xlink:label="label1946" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_en-US">Disclosure - Variable Interest Entities (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1946" xlink:to="label1946" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="element1947" />
        <label xlink:type="resource" xlink:label="label1947" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_en-US">Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1947" xlink:to="label1947" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="element1948" />
        <label xlink:type="resource" xlink:label="label1948" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_en-US">Disclosure Variable Interest Entities Summary Of Nonconsolidated V I Es Assets And Liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1948" xlink:to="label1948" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="element1949" />
        <label xlink:type="resource" xlink:label="label1949" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_en-US">Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1949" xlink:to="label1949" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountRateOfCreditImpairments" xlink:label="element1950" />
        <label xlink:type="resource" xlink:label="label1950" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountRateOfCreditImpairments_en-US">Discount Rate Of Credit Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1950" xlink:to="label1950" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountRateOfCreditImpairments" xlink:label="element1951" />
        <label xlink:type="resource" xlink:label="label1951" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountRateOfCreditImpairments_en-US">Discount Rate Of Credit Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1951" xlink:to="label1951" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountRateOfCreditImpairments" xlink:label="element1952" />
        <label xlink:type="resource" xlink:label="label1952" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DiscountRateOfCreditImpairments_en-US">Discount rate of credit impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1952" xlink:to="label1952" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="element1953" />
        <label xlink:type="resource" xlink:label="label1953" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DocumentDocumentandEntityInformationAbstract_en-US">Document Documentand Entity Information [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1953" xlink:to="label1953" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="element1954" />
        <label xlink:type="resource" xlink:label="label1954" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DocumentDocumentandEntityInformationAbstract_en-US">Document Documentand Entity Information [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1954" xlink:to="label1954" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="element1955" />
        <label xlink:type="resource" xlink:label="label1955" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DocumentDocumentandEntityInformationAbstract_en-US">Document Documentand Entity Information [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1955" xlink:to="label1955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" xlink:label="element1956" />
        <label xlink:type="resource" xlink:label="label1956" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_en-US">Elimination Of Loss And LAE Expense As Result Of Consolidating VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1956" xlink:to="label1956" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" xlink:label="element1957" />
        <label xlink:type="resource" xlink:label="label1957" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_en-US">Elimination Of Loss And Lae Expense As Result Of Consolidating Vie</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1957" xlink:to="label1957" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" xlink:label="element1958" />
        <label xlink:type="resource" xlink:label="label1958" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_en-US">Elimination Of Loss And LAE Expense (Benefit) As Result Of Consolidating VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1958" xlink:to="label1958" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceChangesOther" xlink:label="element1959" />
        <label xlink:type="resource" xlink:label="label1959" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedInsuranceChangesOther_en-US">Estimated Insurance Changes Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1959" xlink:to="label1959" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceChangesOther" xlink:label="element1960" />
        <label xlink:type="resource" xlink:label="label1960" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedInsuranceChangesOther_en-US">Estimated Insurance Changes Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1960" xlink:to="label1960" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceChangesOther" xlink:label="element1961" />
        <label xlink:type="resource" xlink:label="label1961" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedInsuranceChangesOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1961" xlink:to="label1961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections" xlink:label="element1962" />
        <label xlink:type="resource" xlink:label="label1962" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_en-US">Estimated Insurance Recoveries Accretion Of Future Collections</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1962" xlink:to="label1962" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections" xlink:label="element1963" />
        <label xlink:type="resource" xlink:label="label1963" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_en-US">Estimated Insurance Recoveries Accretion Of Future Collections</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1963" xlink:to="label1963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections" xlink:label="element1964" />
        <label xlink:type="resource" xlink:label="label1964" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_en-US">Accretion of Future Collections</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1964" xlink:to="label1964" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes" xlink:label="element1965" />
        <label xlink:type="resource" xlink:label="label1965" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_en-US">Carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts after income taxes.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1965" xlink:to="label1965" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes" xlink:label="element1966" />
        <label xlink:type="resource" xlink:label="label1966" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_en-US">Estimated Insurance Recoveries After Income Taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1966" xlink:to="label1966" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes" xlink:label="element1967" />
        <label xlink:type="resource" xlink:label="label1967" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_en-US">Estimated insurance recoveries, after income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1967" xlink:to="label1967" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInAssumptions" xlink:label="element1968" />
        <label xlink:type="resource" xlink:label="label1968" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_en-US">Estimated Insurance Recoveries Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1968" xlink:to="label1968" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInAssumptions" xlink:label="element1969" />
        <label xlink:type="resource" xlink:label="label1969" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_en-US">Estimated Insurance Recoveries Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1969" xlink:to="label1969" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInAssumptions" xlink:label="element1970" />
        <label xlink:type="resource" xlink:label="label1970" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_en-US">Changes in Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1970" xlink:to="label1970" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate" xlink:label="element1971" />
        <label xlink:type="resource" xlink:label="label1971" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_en-US">Estimated Insurance Recoveries Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1971" xlink:to="label1971" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate" xlink:label="element1972" />
        <label xlink:type="resource" xlink:label="label1972" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_en-US">Estimated Insurance Recoveries Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1972" xlink:to="label1972" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate" xlink:label="element1973" />
        <label xlink:type="resource" xlink:label="label1973" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_en-US">Changes in Discount Rates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1973" xlink:to="label1973" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesCollections" xlink:label="element1974" />
        <label xlink:type="resource" xlink:label="label1974" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedInsuranceRecoveriesCollections_en-US">Estimated Insurance Recoveries Collections</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1974" xlink:to="label1974" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesCollections" xlink:label="element1975" />
        <label xlink:type="resource" xlink:label="label1975" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedInsuranceRecoveriesCollections_en-US">Estimated Insurance Recoveries Collections</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1975" xlink:to="label1975" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesCollections" xlink:label="element1976" />
        <label xlink:type="resource" xlink:label="label1976" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_EstimatedInsuranceRecoveriesCollections_en-US">Recoveries (Collections)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1976" xlink:to="label1976" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="element1977" />
        <label xlink:type="resource" xlink:label="label1977" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EuropeExcludingUnitedKingdomMember_en-US">Europe (Excluding United Kingdom) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1977" xlink:to="label1977" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="element1978" />
        <label xlink:type="resource" xlink:label="label1978" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EuropeExcludingUnitedKingdomMember_en-US">Europe Excluding United Kingdom [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1978" xlink:to="label1978" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="element1979" />
        <label xlink:type="resource" xlink:label="label1979" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EuropeExcludingUnitedKingdomMember_en-US">Europe (Excluding United Kingdom) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1979" xlink:to="label1979" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessInterestCashFlowsFromSecuritizations" xlink:label="element1980" />
        <label xlink:type="resource" xlink:label="label1980" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExcessInterestCashFlowsFromSecuritizations_en-US">Excess Interest Cash Flows From Securitizations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1980" xlink:to="label1980" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessInterestCashFlowsFromSecuritizations" xlink:label="element1981" />
        <label xlink:type="resource" xlink:label="label1981" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExcessInterestCashFlowsFromSecuritizations_en-US">Excess Interest Cash Flows From Securitizations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1981" xlink:to="label1981" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessInterestCashFlowsFromSecuritizations" xlink:label="element1982" />
        <label xlink:type="resource" xlink:label="label1982" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExcessInterestCashFlowsFromSecuritizations_en-US">Reduction of excess interest cash flows from securitizations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1982" xlink:to="label1982" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="element1983" />
        <label xlink:type="resource" xlink:label="label1983" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExpensesOfConsolidatedVies_en-US">Total expenses of all Variable Interest Entities consolidated by the reporting entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1983" xlink:to="label1983" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="element1984" />
        <label xlink:type="resource" xlink:label="label1984" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExpensesOfConsolidatedVies_en-US">Expenses Of Consolidated Vies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1984" xlink:to="label1984" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="element1985" />
        <label xlink:type="resource" xlink:label="label1985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExpensesOfConsolidatedVies_en-US">Expenses of consolidated VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1985" xlink:to="label1985" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element1986" />
        <label xlink:type="resource" xlink:label="label1986" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">This element represents, for the fair value measurement of assets and liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (net); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs).</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1986" xlink:to="label1986" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element1987" />
        <label xlink:type="resource" xlink:label="label1987" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1987" xlink:to="label1987" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element1988" />
        <label xlink:type="resource" xlink:label="label1988" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">OLD Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1988" xlink:to="label1988" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="element1989" />
        <label xlink:type="resource" xlink:label="label1989" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_en-US">Fair Value By Consolidated Statements Of Operations [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1989" xlink:to="label1989" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="element1990" />
        <label xlink:type="resource" xlink:label="label1990" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_en-US">Fair Value By Consolidated Statements Of Operations [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1990" xlink:to="label1990" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="element1991" />
        <label xlink:type="resource" xlink:label="label1991" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_en-US">Fair Value By Consolidated Statements Of Operations [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1991" xlink:to="label1991" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="element1992" />
        <label xlink:type="resource" xlink:label="label1992" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueDisclosureWeightedAverageInYears_en-US">Fair Value Disclosure, Weighted Average (In Years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1992" xlink:to="label1992" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="element1993" />
        <label xlink:type="resource" xlink:label="label1993" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueDisclosureWeightedAverageInYears_en-US">Fair Value Disclosure Weighted Average In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1993" xlink:to="label1993" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="element1994" />
        <label xlink:type="resource" xlink:label="label1994" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueDisclosureWeightedAverageInYears_en-US">Weighted Average (in years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1994" xlink:to="label1994" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="element1995" />
        <label xlink:type="resource" xlink:label="label1995" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1995" xlink:to="label1995" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="element1996" />
        <label xlink:type="resource" xlink:label="label1996" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income Or Earnings Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1996" xlink:to="label1996" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="element1997" />
        <label xlink:type="resource" xlink:label="label1997" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_en-US">Foreign exchange recognized in OCI or earnings, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1997" xlink:to="label1997" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="element1998" />
        <label xlink:type="resource" xlink:label="label1998" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1998" xlink:to="label1998" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="element1999" />
        <label xlink:type="resource" xlink:label="label1999" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income Or Earnings Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1999" xlink:to="label1999" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="element2000" />
        <label xlink:type="resource" xlink:label="label2000" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_en-US">Foreign exchange recognized in OCI or earnings, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2000" xlink:to="label2000" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="element2001" />
        <label xlink:type="resource" xlink:label="label2001" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOfCreditSupportAnnexes_en-US">Fair value of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2001" xlink:to="label2001" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="element2002" />
        <label xlink:type="resource" xlink:label="label2002" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOfCreditSupportAnnexes_en-US">Fair Value Of Credit Support Annexes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2002" xlink:to="label2002" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="element2003" />
        <label xlink:type="resource" xlink:label="label2003" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOfCreditSupportAnnexes_en-US">Fair value of Credit Support Annex</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2003" xlink:to="label2003" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="element2004" />
        <label xlink:type="resource" xlink:label="label2004" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_en-US">Fair Value Of Securities On Deposit With Various Regulatory Authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2004" xlink:to="label2004" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="element2005" />
        <label xlink:type="resource" xlink:label="label2005" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_en-US">Fair Value Of Securities On Deposit With Various Regulatory Authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2005" xlink:to="label2005" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="element2006" />
        <label xlink:type="resource" xlink:label="label2006" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_en-US">Fair value of securities on deposit with various regulatory authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2006" xlink:to="label2006" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="element2007" />
        <label xlink:type="resource" xlink:label="label2007" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_en-US">Fair Value of Securities rated below investment grade without giving effect to the benefit of guarantees provided by financial guarantors.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2007" xlink:to="label2007" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="element2008" />
        <label xlink:type="resource" xlink:label="label2008" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_en-US">Fair Value Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2008" xlink:to="label2008" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="element2009" />
        <label xlink:type="resource" xlink:label="label2009" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_en-US">Fair value of securities rated below investment grade without giving effect to the benefit of guarantees provided by financial guarantors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2009" xlink:to="label2009" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="element2010" />
        <label xlink:type="resource" xlink:label="label2010" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateFairValueLoansReceivable_en-US">Fair Value Option Aggregate Fair Value Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2010" xlink:to="label2010" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="element2011" />
        <label xlink:type="resource" xlink:label="label2011" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateFairValueLoansReceivable_en-US">Fair Value Option Aggregate Fair Value Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2011" xlink:to="label2011" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="element2012" />
        <label xlink:type="resource" xlink:label="label2012" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateFairValueLoansReceivable_en-US">Loans receivable, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2012" xlink:to="label2012" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="element2013" />
        <label xlink:type="resource" xlink:label="label2013" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_en-US">Fair Value Option Aggregate Fair Value Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2013" xlink:to="label2013" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="element2014" />
        <label xlink:type="resource" xlink:label="label2014" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_en-US">Fair Value Option Aggregate Fair Value Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2014" xlink:to="label2014" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="element2015" />
        <label xlink:type="resource" xlink:label="label2015" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_en-US">Variable interest entity notes, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2015" xlink:to="label2015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="element2016" />
        <label xlink:type="resource" xlink:label="label2016" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_en-US">Fair Value Option Contractual Outstanding Principal Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2016" xlink:to="label2016" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="element2017" />
        <label xlink:type="resource" xlink:label="label2017" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_en-US">Fair Value Option Contractual Outstanding Principal Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2017" xlink:to="label2017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="element2018" />
        <label xlink:type="resource" xlink:label="label2018" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_en-US">Loans receivable, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2018" xlink:to="label2018" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="element2019" />
        <label xlink:type="resource" xlink:label="label2019" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_en-US">Fair Value Option Contractual Outstanding Principal Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2019" xlink:to="label2019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="element2020" />
        <label xlink:type="resource" xlink:label="label2020" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_en-US">Fair Value Option Contractual Outstanding Principal Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2020" xlink:to="label2020" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="element2021" />
        <label xlink:type="resource" xlink:label="label2021" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_en-US">Variable interest entity notes, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2021" xlink:to="label2021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FeesAndReimbursements" xlink:label="element2022" />
        <label xlink:type="resource" xlink:label="label2022" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FeesAndReimbursements_en-US">Total of fees collected for services performed in connection with certain insurance related transactions and investment management services, both of which are earned in the current period or deferred and earned over the life of the related transaction. Also included are work, wavier and consent, termination, administrative and management fees, and fees from reinsurance commutations that are earned when the related services are completed and the fees are received.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2022" xlink:to="label2022" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FeesAndReimbursements" xlink:label="element2023" />
        <label xlink:type="resource" xlink:label="label2023" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FeesAndReimbursements_en-US">Fees And Reimbursements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2023" xlink:to="label2023" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FeesAndReimbursements" xlink:label="element2024" />
        <label xlink:type="resource" xlink:label="label2024" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FeesAndReimbursements_en-US">Fees and reimbursements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2024" xlink:to="label2024" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="element2025" />
        <label xlink:type="resource" xlink:label="label2025" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeCeded_en-US">Represents the Company's balance sheet carrying amount of the financial guarantee insurance contracts ceded to third party reinsurers. The balance sheet carrying amount comprises the prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2025" xlink:to="label2025" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="element2026" />
        <label xlink:type="resource" xlink:label="label2026" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeCeded_en-US">Financial Guarantee Ceded</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2026" xlink:to="label2026" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="element2027" />
        <label xlink:type="resource" xlink:label="label2027" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeCeded_en-US">Ceded</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2027" xlink:to="label2027" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeGross" xlink:label="element2028" />
        <label xlink:type="resource" xlink:label="label2028" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeGross_en-US">Represents the Company's balance sheet carrying amount of the financial guarantee insurance contract obligations with third parties. The gross balance sheet carrying amount comprises the unearned premium revenue and the loss and loss adjustment expense reserves balances</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2028" xlink:to="label2028" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeGross" xlink:label="element2029" />
        <label xlink:type="resource" xlink:label="label2029" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeGross_en-US">Financial Guarantee Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2029" xlink:to="label2029" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeGross" xlink:label="element2030" />
        <label xlink:type="resource" xlink:label="label2030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeGross_en-US">Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2030" xlink:to="label2030" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="element2031" />
        <label xlink:type="resource" xlink:label="label2031" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2031" xlink:to="label2031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="element2032" />
        <label xlink:type="resource" xlink:label="label2032" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2032" xlink:to="label2032" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="element2033" />
        <label xlink:type="resource" xlink:label="label2033" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_en-US">Changes in assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2033" xlink:to="label2033" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstAndSecondLienRmbsMember" xlink:label="element2034" />
        <label xlink:type="resource" xlink:label="label2034" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FirstAndSecondLienRmbsMember_en-US">First And Second Lien Rmbs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2034" xlink:to="label2034" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstAndSecondLienRmbsMember" xlink:label="element2035" />
        <label xlink:type="resource" xlink:label="label2035" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FirstAndSecondLienRmbsMember_en-US">First And Second Lien Rmbs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2035" xlink:to="label2035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstAndSecondLienRmbsMember" xlink:label="element2036" />
        <label xlink:type="resource" xlink:label="label2036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FirstAndSecondLienRmbsMember_en-US">First And Second Lien RMBS [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2036" xlink:to="label2036" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienRMBSReservesMember" xlink:label="element2037" />
        <label xlink:type="resource" xlink:label="label2037" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FirstLienRMBSReservesMember_en-US">First-Lien RMBS Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2037" xlink:to="label2037" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienRMBSReservesMember" xlink:label="element2038" />
        <label xlink:type="resource" xlink:label="label2038" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FirstLienRMBSReservesMember_en-US">First Lien R M B S Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2038" xlink:to="label2038" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienRMBSReservesMember" xlink:label="element2039" />
        <label xlink:type="resource" xlink:label="label2039" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FirstLienRMBSReservesMember_en-US">First-Lien RMBS Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2039" xlink:to="label2039" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="element2040" />
        <label xlink:type="resource" xlink:label="label2040" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanFivePercentToFifteenPercentMember_en-US">Distribution of securities where fair value is below market value by greater than 5% to 15%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2040" xlink:to="label2040" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="element2041" />
        <label xlink:type="resource" xlink:label="label2041" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanFivePercentToFifteenPercentMember_en-US">Greater Than Five Percent To Fifteen Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2041" xlink:to="label2041" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="element2042" />
        <label xlink:type="resource" xlink:label="label2042" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanFivePercentToFifteenPercentMember_en-US">&gt; 5% To 15% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2042" xlink:to="label2042" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="element2043" />
        <label xlink:type="resource" xlink:label="label2043" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsCarriedAtFairValueMember_en-US">Investments Carried At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2043" xlink:to="label2043" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="element2044" />
        <label xlink:type="resource" xlink:label="label2044" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsCarriedAtFairValueMember_en-US">Investments Carried At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2044" xlink:to="label2044" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="element2045" />
        <label xlink:type="resource" xlink:label="label2045" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsCarriedAtFairValueMember_en-US">Investments Carried At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2045" xlink:to="label2045" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeclosureMember" xlink:label="element2046" />
        <label xlink:type="resource" xlink:label="label2046" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ForeclosureMember_en-US">Foreclosure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2046" xlink:to="label2046" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeclosureMember" xlink:label="element2047" />
        <label xlink:type="resource" xlink:label="label2047" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ForeclosureMember_en-US">Foreclosure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2047" xlink:to="label2047" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeclosureMember" xlink:label="element2048" />
        <label xlink:type="resource" xlink:label="label2048" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ForeclosureMember_en-US">Foreclosure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2048" xlink:to="label2048" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="element2049" />
        <label xlink:type="resource" xlink:label="label2049" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_en-US">Foreign Exchange And Other Derivative Financial Instruments Attributable to V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2049" xlink:to="label2049" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="element2050" />
        <label xlink:type="resource" xlink:label="label2050" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_en-US">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2050" xlink:to="label2050" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="element2051" />
        <label xlink:type="resource" xlink:label="label2051" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_en-US">Net Gains (Losses) On Financial Instruments At Fair Value And Foreign Exchange-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2051" xlink:to="label2051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="element2052" />
        <label xlink:type="resource" xlink:label="label2052" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GainLossOnDerivativesRecognizedInIncome_en-US">Gain Loss On Derivatives Recognized In Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2052" xlink:to="label2052" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="element2053" />
        <label xlink:type="resource" xlink:label="label2053" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GainLossOnDerivativesRecognizedInIncome_en-US">Gain Loss On Derivatives Recognized In Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2053" xlink:to="label2053" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="element2054" />
        <label xlink:type="resource" xlink:label="label2054" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GainLossOnDerivativesRecognizedInIncome_en-US">Gain/(loss) recognized in income on derivative</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2054" xlink:to="label2054" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="element2055" />
        <label xlink:type="resource" xlink:label="label2055" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_en-US">Gains And Losses Realized And Unrealized Earnings [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2055" xlink:to="label2055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="element2056" />
        <label xlink:type="resource" xlink:label="label2056" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_en-US">Gains And Losses Realized And Unrealized Earnings [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2056" xlink:to="label2056" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="element2057" />
        <label xlink:type="resource" xlink:label="label2057" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_en-US">Gains And Losses Realized And Unrealized Earnings [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2057" xlink:to="label2057" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="element2058" />
        <label xlink:type="resource" xlink:label="label2058" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GlobalPublicFinanceMember_en-US">Global Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2058" xlink:to="label2058" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="element2059" />
        <label xlink:type="resource" xlink:label="label2059" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GlobalPublicFinanceMember_en-US">Global Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2059" xlink:to="label2059" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="element2060" />
        <label xlink:type="resource" xlink:label="label2060" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GlobalPublicFinanceMember_en-US">Global Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2060" xlink:to="label2060" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="element2061" />
        <label xlink:type="resource" xlink:label="label2061" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GlobalStructuredFinanceMember_en-US">Global Structured Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2061" xlink:to="label2061" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="element2062" />
        <label xlink:type="resource" xlink:label="label2062" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GlobalStructuredFinanceMember_en-US">Global Structured Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2062" xlink:to="label2062" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="element2063" />
        <label xlink:type="resource" xlink:label="label2063" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GlobalStructuredFinanceMember_en-US">Total Global Structured Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2063" xlink:to="label2063" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="element2064" />
        <label xlink:type="resource" xlink:label="label2064" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanFiftyPercentMember_en-US">Distribution of securities where fair value is below market value by greater than 50%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2064" xlink:to="label2064" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="element2065" />
        <label xlink:type="resource" xlink:label="label2065" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanFiftyPercentMember_en-US">Greater Than Fifty Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2065" xlink:to="label2065" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="element2066" />
        <label xlink:type="resource" xlink:label="label2066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanFiftyPercentMember_en-US">&gt; 50% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2066" xlink:to="label2066" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossExposureCommutedOnCmbsInsuredDerivatives" xlink:label="element2067" />
        <label xlink:type="resource" xlink:label="label2067" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_en-US">Gross exposure commuted on Cmbs insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2067" xlink:to="label2067" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossExposureCommutedOnCmbsInsuredDerivatives" xlink:label="element2068" />
        <label xlink:type="resource" xlink:label="label2068" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_en-US">Gross Exposure Commuted On Cmbs Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2068" xlink:to="label2068" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossExposureCommutedOnCmbsInsuredDerivatives" xlink:label="element2069" />
        <label xlink:type="resource" xlink:label="label2069" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_en-US">Gross exposure commuted on Cmbs insured derivatives since 2010</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2069" xlink:to="label2069" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element2070" />
        <label xlink:type="resource" xlink:label="label2070" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross reserve, recoveries on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2070" xlink:to="label2070" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element2071" />
        <label xlink:type="resource" xlink:label="label2071" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross Reserve Recoveries On Unpaid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2071" xlink:to="label2071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element2072" />
        <label xlink:type="resource" xlink:label="label2072" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross Reserve ending balance, Recoveries on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2072" xlink:to="label2072" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element2073" />
        <label xlink:type="resource" xlink:label="label2073" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross Reserve beginning balance,Recoveries on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2073" xlink:to="label2073" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element2074" />
        <label xlink:type="resource" xlink:label="label2074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Expected recoveries of future payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2074" xlink:to="label2074" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="element2075" />
        <label xlink:type="resource" xlink:label="label2075" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GuaranteedInvestmentAgreementsFairValue_en-US">Guaranteed Investment Agreements Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2075" xlink:to="label2075" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="element2076" />
        <label xlink:type="resource" xlink:label="label2076" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GuaranteedInvestmentAgreementsFairValue_en-US">Guaranteed Investment Agreements Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2076" xlink:to="label2076" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="element2077" />
        <label xlink:type="resource" xlink:label="label2077" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GuaranteedInvestmentAgreementsFairValue_en-US">Investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2077" xlink:to="label2077" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="element2078" />
        <label xlink:type="resource" xlink:label="label2078" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GuaranteeObligationsMaximumNetExposure_en-US">Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees after (net of) reduction for potential recoveries under recourse or collateralization provisions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2078" xlink:to="label2078" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="element2079" />
        <label xlink:type="resource" xlink:label="label2079" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GuaranteeObligationsMaximumNetExposure_en-US">Guarantee Obligations Maximum Net Exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2079" xlink:to="label2079" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="element2080" />
        <label xlink:type="resource" xlink:label="label2080" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GuaranteeObligationsMaximumNetExposure_en-US">Maximum amount of future guarantee payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2080" xlink:to="label2080" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="element2081" />
        <label xlink:type="resource" xlink:label="label2081" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ImpactOfFinancialGuaranteeMember_en-US">Impact Of Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2081" xlink:to="label2081" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="element2082" />
        <label xlink:type="resource" xlink:label="label2082" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ImpactOfFinancialGuaranteeMember_en-US">Impact Of Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2082" xlink:to="label2082" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="element2083" />
        <label xlink:type="resource" xlink:label="label2083" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ImpactOfFinancialGuaranteeMember_en-US">Impact Of Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2083" xlink:to="label2083" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="element2084" />
        <label xlink:type="resource" xlink:label="label2084" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_en-US">Impact Of Non Performance Risk On Insured Derivative Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2084" xlink:to="label2084" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="element2085" />
        <label xlink:type="resource" xlink:label="label2085" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_en-US">Impact Of Non Performance Risk On Insured Derivative Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2085" xlink:to="label2085" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="element2086" />
        <label xlink:type="resource" xlink:label="label2086" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_en-US">Impact of including the nonperformance risk in valuation of pre-tax net insured derivative liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2086" xlink:to="label2086" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element2087" />
        <label xlink:type="resource" xlink:label="label2087" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Increase decrease in carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts related to recoveries related to commitments to repurchase ineligible loans within an (issue) and recoveries expected on paid claims.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2087" xlink:to="label2087" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element2088" />
        <label xlink:type="resource" xlink:label="label2088" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Increase Decrease In Insurance Loss Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2088" xlink:to="label2088" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element2089" />
        <label xlink:type="resource" xlink:label="label2089" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2089" xlink:to="label2089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element2090" />
        <label xlink:type="resource" xlink:label="label2090" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2090" xlink:to="label2090" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" xlink:label="element2091" />
        <label xlink:type="resource" xlink:label="label2091" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_en-US">Increase decrease in carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts related to recoveries related to commitments to recoveries on paid claims.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2091" xlink:to="label2091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" xlink:label="element2092" />
        <label xlink:type="resource" xlink:label="label2092" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_en-US">Increase Decrease In Insurance Loss Recoverable Related To Paid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2092" xlink:to="label2092" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" xlink:label="element2093" />
        <label xlink:type="resource" xlink:label="label2093" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_en-US">Decrease in insurance loss recoverable related to paid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2093" xlink:to="label2093" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="element2094" />
        <label xlink:type="resource" xlink:label="label2094" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_en-US">Increase Decrease In Loss Adjustment Expense Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2094" xlink:to="label2094" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="element2095" />
        <label xlink:type="resource" xlink:label="label2095" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_en-US">Increase Decrease In Loss Adjustment Expense Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2095" xlink:to="label2095" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="element2096" />
        <label xlink:type="resource" xlink:label="label2096" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_en-US">Changes in LAE Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2096" xlink:to="label2096" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2097" />
        <label xlink:type="resource" xlink:label="label2097" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2097" xlink:to="label2097" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2098" />
        <label xlink:type="resource" xlink:label="label2098" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2098" xlink:to="label2098" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2099" />
        <label xlink:type="resource" xlink:label="label2099" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net (gains) losses on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2099" xlink:to="label2099" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2100" />
        <label xlink:type="resource" xlink:label="label2100" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net (gains) losses on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2100" xlink:to="label2100" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="element2101" />
        <label xlink:type="resource" xlink:label="label2101" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseToCaseBasisReserves_en-US">Increase Decrease To Case Basis Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2101" xlink:to="label2101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="element2102" />
        <label xlink:type="resource" xlink:label="label2102" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseToCaseBasisReserves_en-US">Increase Decrease To Case Basis Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2102" xlink:to="label2102" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="element2103" />
        <label xlink:type="resource" xlink:label="label2103" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseToCaseBasisReserves_en-US">Addition to case basis reserves if losses remain at peak levels</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2103" xlink:to="label2103" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="element2104" />
        <label xlink:type="resource" xlink:label="label2104" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IneligibleMortgageLoansMember_en-US">Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2104" xlink:to="label2104" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="element2105" />
        <label xlink:type="resource" xlink:label="label2105" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IneligibleMortgageLoansMember_en-US">Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2105" xlink:to="label2105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="element2106" />
        <label xlink:type="resource" xlink:label="label2106" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IneligibleMortgageLoansMember_en-US">Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2106" xlink:to="label2106" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2107" />
        <label xlink:type="resource" xlink:label="label2107" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverable_en-US">Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2107" xlink:to="label2107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2108" />
        <label xlink:type="resource" xlink:label="label2108" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverable_en-US">Insurance Loss Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2108" xlink:to="label2108" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2109" />
        <label xlink:type="resource" xlink:label="label2109" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_InsuranceLossRecoverable_en-US">Gross Reserve ending balance, Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2109" xlink:to="label2109" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2110" />
        <label xlink:type="resource" xlink:label="label2110" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_InsuranceLossRecoverable_en-US">Gross Reserve beginning balance, Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2110" xlink:to="label2110" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2111" />
        <label xlink:type="resource" xlink:label="label2111" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2111" xlink:to="label2111" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2112" />
        <label xlink:type="resource" xlink:label="label2112" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_InsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2112" xlink:to="label2112" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element2113" />
        <label xlink:type="resource" xlink:label="label2113" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_InsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2113" xlink:to="label2113" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element2114" />
        <label xlink:type="resource" xlink:label="label2114" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Insurance loss recoverable and changes in recoveries of unpaid losses.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2114" xlink:to="label2114" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element2115" />
        <label xlink:type="resource" xlink:label="label2115" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2115" xlink:to="label2115" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element2116" />
        <label xlink:type="resource" xlink:label="label2116" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Gross Reserve ending balance, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2116" xlink:to="label2116" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element2117" />
        <label xlink:type="resource" xlink:label="label2117" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Gross Reserve beginning balance, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2117" xlink:to="label2117" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="element2118" />
        <label xlink:type="resource" xlink:label="label2118" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2118" xlink:to="label2118" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="element2119" />
        <label xlink:type="resource" xlink:label="label2119" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2119" xlink:to="label2119" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="element2120" />
        <label xlink:type="resource" xlink:label="label2120" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_en-US">Accretion of Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2120" xlink:to="label2120" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="element2121" />
        <label xlink:type="resource" xlink:label="label2121" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2121" xlink:to="label2121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="element2122" />
        <label xlink:type="resource" xlink:label="label2122" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2122" xlink:to="label2122" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="element2123" />
        <label xlink:type="resource" xlink:label="label2123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_en-US">Changes in Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2123" xlink:to="label2123" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="element2124" />
        <label xlink:type="resource" xlink:label="label2124" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2124" xlink:to="label2124" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="element2125" />
        <label xlink:type="resource" xlink:label="label2125" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2125" xlink:to="label2125" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="element2126" />
        <label xlink:type="resource" xlink:label="label2126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_en-US">Changes in Discount Rates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2126" xlink:to="label2126" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="element2127" />
        <label xlink:type="resource" xlink:label="label2127" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_en-US">Insurance Loss Recoverable and Changes in Recoveries on Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2127" xlink:to="label2127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="element2128" />
        <label xlink:type="resource" xlink:label="label2128" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_en-US">Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2128" xlink:to="label2128" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="element2129" />
        <label xlink:type="resource" xlink:label="label2129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_en-US">Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2129" xlink:to="label2129" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="element2130" />
        <label xlink:type="resource" xlink:label="label2130" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableMember_en-US">Insurance Loss Recoverable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2130" xlink:to="label2130" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="element2131" />
        <label xlink:type="resource" xlink:label="label2131" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableMember_en-US">Insurance Loss Recoverable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2131" xlink:to="label2131" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="element2132" />
        <label xlink:type="resource" xlink:label="label2132" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableMember_en-US">Insurance Loss Recoverable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2132" xlink:to="label2132" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceOperationsMember" xlink:label="element2133" />
        <label xlink:type="resource" xlink:label="label2133" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceOperationsMember_en-US">Insurance Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2133" xlink:to="label2133" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceOperationsMember" xlink:label="element2134" />
        <label xlink:type="resource" xlink:label="label2134" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceOperationsMember_en-US">Insurance Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2134" xlink:to="label2134" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceOperationsMember" xlink:label="element2135" />
        <label xlink:type="resource" xlink:label="label2135" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceOperationsMember_en-US">Insurance Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2135" xlink:to="label2135" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredDerivativesMember" xlink:label="element2136" />
        <label xlink:type="resource" xlink:label="label2136" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredDerivativesMember_en-US">Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2136" xlink:to="label2136" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredDerivativesMember" xlink:label="element2137" />
        <label xlink:type="resource" xlink:label="label2137" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredDerivativesMember_en-US">Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2137" xlink:to="label2137" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredDerivativesMember" xlink:label="element2138" />
        <label xlink:type="resource" xlink:label="label2138" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredDerivativesMember_en-US">Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2138" xlink:to="label2138" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="element2139" />
        <label xlink:type="resource" xlink:label="label2139" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredIssuesDesignatedAsClassifiedListMember_en-US">Insured Issues Designated As Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2139" xlink:to="label2139" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="element2140" />
        <label xlink:type="resource" xlink:label="label2140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredIssuesDesignatedAsClassifiedListMember_en-US">Insured Issues Designated As Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2140" xlink:to="label2140" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="element2141" />
        <label xlink:type="resource" xlink:label="label2141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredIssuesDesignatedAsClassifiedListMember_en-US">Insured Issues Designated As "Classified List" [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2141" xlink:to="label2141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="element2142" />
        <label xlink:type="resource" xlink:label="label2142" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredSwapsMember_en-US">Insured Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2142" xlink:to="label2142" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="element2143" />
        <label xlink:type="resource" xlink:label="label2143" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredSwapsMember_en-US">Insured Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2143" xlink:to="label2143" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="element2144" />
        <label xlink:type="resource" xlink:label="label2144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredSwapsMember_en-US">Insured Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2144" xlink:to="label2144" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="element2145" />
        <label xlink:type="resource" xlink:label="label2145" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestIncomeExpenseMember_en-US">Interest Income (Expense) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2145" xlink:to="label2145" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="element2146" />
        <label xlink:type="resource" xlink:label="label2146" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestIncomeExpenseMember_en-US">Interest Income Expense [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2146" xlink:to="label2146" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="element2147" />
        <label xlink:type="resource" xlink:label="label2147" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestIncomeExpenseMember_en-US">Interest Income (Expense) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2147" xlink:to="label2147" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="element2148" />
        <label xlink:type="resource" xlink:label="label2148" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateDerivativesMember_en-US">Interest Rate Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2148" xlink:to="label2148" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="element2149" />
        <label xlink:type="resource" xlink:label="label2149" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateDerivativesMember_en-US">Interest Rate Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2149" xlink:to="label2149" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="element2150" />
        <label xlink:type="resource" xlink:label="label2150" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateDerivativesMember_en-US">Interest Rate Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2150" xlink:to="label2150" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="element2151" />
        <label xlink:type="resource" xlink:label="label2151" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateSwapsEmbeddedMember_en-US">Interest Rate Swaps Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2151" xlink:to="label2151" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="element2152" />
        <label xlink:type="resource" xlink:label="label2152" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateSwapsEmbeddedMember_en-US">Interest Rate Swaps Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2152" xlink:to="label2152" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="element2153" />
        <label xlink:type="resource" xlink:label="label2153" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateSwapsEmbeddedMember_en-US">Interest Rate Swaps-Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2153" xlink:to="label2153" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="element2154" />
        <label xlink:type="resource" xlink:label="label2154" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateSwapsVIEMember_en-US">Interest Rate Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2154" xlink:to="label2154" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="element2155" />
        <label xlink:type="resource" xlink:label="label2155" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateSwapsVIEMember_en-US">Interest Rate Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2155" xlink:to="label2155" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="element2156" />
        <label xlink:type="resource" xlink:label="label2156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateSwapsVIEMember_en-US">Interest Rate Swaps-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2156" xlink:to="label2156" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="element2157" />
        <label xlink:type="resource" xlink:label="label2157" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InternationallyDiversifiedMember_en-US">Internationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2157" xlink:to="label2157" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="element2158" />
        <label xlink:type="resource" xlink:label="label2158" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InternationallyDiversifiedMember_en-US">Internationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2158" xlink:to="label2158" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="element2159" />
        <label xlink:type="resource" xlink:label="label2159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InternationallyDiversifiedMember_en-US">Internationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2159" xlink:to="label2159" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="element2160" />
        <label xlink:type="resource" xlink:label="label2160" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_en-US">Disclosure regarding factors used to determine that the impairment of securities not categorized as trading securities (hence equal to available for sale and held to maturity securities) where cost exceeds fair value. This item contains disclosure of the number of investment positions in the investments determined to be temporarily impaired.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2160" xlink:to="label2160" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="element2161" />
        <label xlink:type="resource" xlink:label="label2161" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_en-US">Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions For Continuous Twelve Month Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2161" xlink:to="label2161" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="element2162" />
        <label xlink:type="resource" xlink:label="label2162" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_en-US">Number of securities in unrealized loss position for a continuous 12 month period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2162" xlink:to="label2162" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="element2163" />
        <label xlink:type="resource" xlink:label="label2163" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_en-US">Investments With Unrealized Loss Severity Greater Than Five Percent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2163" xlink:to="label2163" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="element2164" />
        <label xlink:type="resource" xlink:label="label2164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_en-US">Fair Value Below Book Value Greater Than Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2164" xlink:to="label2164" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="element2165" />
        <label xlink:type="resource" xlink:label="label2165" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_en-US">Greater Than 5% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2165" xlink:to="label2165" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" xlink:label="element2166" />
        <label xlink:type="resource" xlink:label="label2166" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_en-US">June Two Thousand Twelve To November Two Thousand Twelve [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2166" xlink:to="label2166" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" xlink:label="element2167" />
        <label xlink:type="resource" xlink:label="label2167" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_en-US">June Two Thousand Twelve To November Two Thousand Twelve [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2167" xlink:to="label2167" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" xlink:label="element2168" />
        <label xlink:type="resource" xlink:label="label2168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_en-US">June 2012 To November 2012 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2168" xlink:to="label2168" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeInsuranceLossRecoverable" xlink:label="element2169" />
        <label xlink:type="resource" xlink:label="label2169" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LaeInsuranceLossRecoverable_en-US">Carrying amount as of the balance sheet date of paid LAE expenses expected to be recovered.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2169" xlink:to="label2169" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeInsuranceLossRecoverable" xlink:label="element2170" />
        <label xlink:type="resource" xlink:label="label2170" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LaeInsuranceLossRecoverable_en-US">Lae Insurance Loss Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2170" xlink:to="label2170" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeInsuranceLossRecoverable" xlink:label="element2171" />
        <label xlink:type="resource" xlink:label="label2171" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_LaeInsuranceLossRecoverable_en-US">LAE insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2171" xlink:to="label2171" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeReservesMember" xlink:label="element2172" />
        <label xlink:type="resource" xlink:label="label2172" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LaeReservesMember_en-US">LAE Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2172" xlink:to="label2172" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeReservesMember" xlink:label="element2173" />
        <label xlink:type="resource" xlink:label="label2173" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LaeReservesMember_en-US">Lae Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2173" xlink:to="label2173" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeReservesMember" xlink:label="element2174" />
        <label xlink:type="resource" xlink:label="label2174" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LaeReservesMember_en-US">LAE Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2174" xlink:to="label2174" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="element2175" />
        <label xlink:type="resource" xlink:label="label2175" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiabilitiesOfConsolidatedViesMember_en-US">Liabilities Of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2175" xlink:to="label2175" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="element2176" />
        <label xlink:type="resource" xlink:label="label2176" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiabilitiesOfConsolidatedViesMember_en-US">Liabilities Of Consolidated Vies [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2176" xlink:to="label2176" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="element2177" />
        <label xlink:type="resource" xlink:label="label2177" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiabilitiesOfConsolidatedViesMember_en-US">Liabilities Of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2177" xlink:to="label2177" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="element2178" />
        <label xlink:type="resource" xlink:label="label2178" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidAssets_en-US">This element represents the liquidity position of the entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2178" xlink:to="label2178" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="element2179" />
        <label xlink:type="resource" xlink:label="label2179" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidAssets_en-US">Liquid Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2179" xlink:to="label2179" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="element2180" />
        <label xlink:type="resource" xlink:label="label2180" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiquidAssets_en-US">Liquid assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2180" xlink:to="label2180" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanFilesReviewedWithPotentialRecoveriesMember" xlink:label="element2181" />
        <label xlink:type="resource" xlink:label="label2181" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_en-US">Loan Files Reviewed With Potential Recoveries [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2181" xlink:to="label2181" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanFilesReviewedWithPotentialRecoveriesMember" xlink:label="element2182" />
        <label xlink:type="resource" xlink:label="label2182" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_en-US">Loan Files Reviewed With Potential Recoveries [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2182" xlink:to="label2182" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanFilesReviewedWithPotentialRecoveriesMember" xlink:label="element2183" />
        <label xlink:type="resource" xlink:label="label2183" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_en-US">Loan Files Reviewed With Potential Recoveries [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2183" xlink:to="label2183" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="element2184" />
        <label xlink:type="resource" xlink:label="label2184" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanRepurchaseCommitments_en-US">The fair value of financial instruments that represent the right of the Trust against the seller/servicer for loans that were not compliant with the representations and warranties of the loan underwriting. The Trust has the right to demand that the transferor replace ineligible loans with a compliant loan or repurchase the non-compliant loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2184" xlink:to="label2184" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="element2185" />
        <label xlink:type="resource" xlink:label="label2185" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanRepurchaseCommitments_en-US">Loan Repurchase Commitments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2185" xlink:to="label2185" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="element2186" />
        <label xlink:type="resource" xlink:label="label2186" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanRepurchaseCommitments_en-US">Loan repurchase commitments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2186" xlink:to="label2186" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="element2187" />
        <label xlink:type="resource" xlink:label="label2187" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanRepurchaseCommitmentsMember_en-US">Loan Repurchase Commitments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2187" xlink:to="label2187" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="element2188" />
        <label xlink:type="resource" xlink:label="label2188" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanRepurchaseCommitmentsMember_en-US">Loan Repurchase Commitments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2188" xlink:to="label2188" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="element2189" />
        <label xlink:type="resource" xlink:label="label2189" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanRepurchaseCommitmentsMember_en-US">Loan Repurchase Commitments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2189" xlink:to="label2189" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="element2190" />
        <label xlink:type="resource" xlink:label="label2190" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanStatusAxis_en-US">Loan Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2190" xlink:to="label2190" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="element2191" />
        <label xlink:type="resource" xlink:label="label2191" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanStatusAxis_en-US">Loan Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2191" xlink:to="label2191" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="element2192" />
        <label xlink:type="resource" xlink:label="label2192" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanStatusAxis_en-US">Loan Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2192" xlink:to="label2192" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="element2193" />
        <label xlink:type="resource" xlink:label="label2193" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanStatusDomain_en-US">Loan Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2193" xlink:to="label2193" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="element2194" />
        <label xlink:type="resource" xlink:label="label2194" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanStatusDomain_en-US">Loan Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2194" xlink:to="label2194" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="element2195" />
        <label xlink:type="resource" xlink:label="label2195" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanStatusDomain_en-US">Loan Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2195" xlink:to="label2195" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="element2196" />
        <label xlink:type="resource" xlink:label="label2196" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLaeReservesMember_en-US">Loss and LAE Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2196" xlink:to="label2196" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="element2197" />
        <label xlink:type="resource" xlink:label="label2197" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLaeReservesMember_en-US">Loss And Lae Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2197" xlink:to="label2197" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="element2198" />
        <label xlink:type="resource" xlink:label="label2198" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLaeReservesMember_en-US">Loss And LAE Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2198" xlink:to="label2198" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="element2199" />
        <label xlink:type="resource" xlink:label="label2199" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseReservesLineItems_en-US">Loss And Loss Adjustment Expense Reserves [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2199" xlink:to="label2199" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="element2200" />
        <label xlink:type="resource" xlink:label="label2200" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseReservesLineItems_en-US">Loss And Loss Adjustment Expense Reserves [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2200" xlink:to="label2200" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="element2201" />
        <label xlink:type="resource" xlink:label="label2201" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLossAdjustmentExpenseReservesLineItems_en-US">Loss And Loss Adjustment Expense Reserves [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2201" xlink:to="label2201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="element2202" />
        <label xlink:type="resource" xlink:label="label2202" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseReservesTable_en-US">Loss And Loss Adjustment Expense Reserves [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2202" xlink:to="label2202" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="element2203" />
        <label xlink:type="resource" xlink:label="label2203" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseReservesTable_en-US">Loss And Loss Adjustment Expense Reserves [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2203" xlink:to="label2203" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="element2204" />
        <label xlink:type="resource" xlink:label="label2204" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLossAdjustmentExpenseReservesTable_en-US">Loss And Loss Adjustment Expense Reserves [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2204" xlink:to="label2204" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="element2205" />
        <label xlink:type="resource" xlink:label="label2205" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_en-US">Losses And Loss Adjustment Expenses Related To Actual And Expected Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2205" xlink:to="label2205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="element2206" />
        <label xlink:type="resource" xlink:label="label2206" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_en-US">Losses And Loss Adjustment Expenses Related To Actual And Expected Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2206" xlink:to="label2206" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="element2207" />
        <label xlink:type="resource" xlink:label="label2207" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_en-US">Losses and LAE related to expected payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2207" xlink:to="label2207" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="element2208" />
        <label xlink:type="resource" xlink:label="label2208" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossesIncurredGrossOfReinsurance_en-US">Losses Incurred Gross of Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2208" xlink:to="label2208" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="element2209" />
        <label xlink:type="resource" xlink:label="label2209" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossesIncurredGrossOfReinsurance_en-US">Losses Incurred Gross Of Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2209" xlink:to="label2209" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="element2210" />
        <label xlink:type="resource" xlink:label="label2210" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_LossesIncurredGrossOfReinsurance_en-US">Gross losses incurred</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2210" xlink:to="label2210" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="element2211" />
        <label xlink:type="resource" xlink:label="label2211" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossPaymentsForCasesWithReserves_en-US">Loss payments for cases with reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2211" xlink:to="label2211" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="element2212" />
        <label xlink:type="resource" xlink:label="label2212" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossPaymentsForCasesWithReserves_en-US">Loss Payments For Cases With Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2212" xlink:to="label2212" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="element2213" />
        <label xlink:type="resource" xlink:label="label2213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossPaymentsForCasesWithReserves_en-US">Loss payments for cases with reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2213" xlink:to="label2213" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesClaimLiabilityMember" xlink:label="element2214" />
        <label xlink:type="resource" xlink:label="label2214" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossReservesClaimLiabilityMember_en-US">Loss Reserves Claim Liability [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2214" xlink:to="label2214" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesClaimLiabilityMember" xlink:label="element2215" />
        <label xlink:type="resource" xlink:label="label2215" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossReservesClaimLiabilityMember_en-US">Loss Reserves Claim Liability [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2215" xlink:to="label2215" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesClaimLiabilityMember" xlink:label="element2216" />
        <label xlink:type="resource" xlink:label="label2216" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossReservesClaimLiabilityMember_en-US">Loss Reserves (Claim Liability) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2216" xlink:to="label2216" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumLoansWithDebtServiceCoverageRatio" xlink:label="element2217" />
        <label xlink:type="resource" xlink:label="label2217" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumLoansWithDebtServiceCoverageRatio_en-US">Maximum Loans With Debt Service Coverage Ratio</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2217" xlink:to="label2217" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumLoansWithDebtServiceCoverageRatio" xlink:label="element2218" />
        <label xlink:type="resource" xlink:label="label2218" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumLoansWithDebtServiceCoverageRatio_en-US">Maximum Loans With Debt Service Coverage Ratio</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2218" xlink:to="label2218" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumLoansWithDebtServiceCoverageRatio" xlink:label="element2219" />
        <label xlink:type="resource" xlink:label="label2219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumLoansWithDebtServiceCoverageRatio_en-US">Maximum loans with debt service coverage ratio</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2219" xlink:to="label2219" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="element2220" />
        <label xlink:type="resource" xlink:label="label2220" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumTaxableIncomeProjectionYears_en-US">Maximum Taxable Income Projection Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2220" xlink:to="label2220" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="element2221" />
        <label xlink:type="resource" xlink:label="label2221" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumTaxableIncomeProjectionYears_en-US">Maximum Taxable Income Projection Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2221" xlink:to="label2221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="element2222" />
        <label xlink:type="resource" xlink:label="label2222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumTaxableIncomeProjectionYears_en-US">Maximum taxable income projections, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2222" xlink:to="label2222" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="element2223" />
        <label xlink:type="resource" xlink:label="label2223" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpMember_en-US">MBIA Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2223" xlink:to="label2223" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="element2224" />
        <label xlink:type="resource" xlink:label="label2224" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpMember_en-US">Mbia Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2224" xlink:to="label2224" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="element2225" />
        <label xlink:type="resource" xlink:label="label2225" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaCorpMember_en-US">MBIA Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2225" xlink:to="label2225" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="element2226" />
        <label xlink:type="resource" xlink:label="label2226" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncGeneralCorporatePurposesMember_en-US">MBIA Inc General Corporate Purposes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2226" xlink:to="label2226" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="element2227" />
        <label xlink:type="resource" xlink:label="label2227" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncGeneralCorporatePurposesMember_en-US">Mbia Inc General Corporate Purposes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2227" xlink:to="label2227" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="element2228" />
        <label xlink:type="resource" xlink:label="label2228" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaIncGeneralCorporatePurposesMember_en-US">MBIA Inc General Corporate Purposes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2228" xlink:to="label2228" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="element2229" />
        <label xlink:type="resource" xlink:label="label2229" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncMember_en-US">MBIA Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2229" xlink:to="label2229" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="element2230" />
        <label xlink:type="resource" xlink:label="label2230" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncMember_en-US">Mbia Inc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2230" xlink:to="label2230" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="element2231" />
        <label xlink:type="resource" xlink:label="label2231" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaIncMember_en-US">MBIA Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2231" xlink:to="label2231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncTotalMember" xlink:label="element2232" />
        <label xlink:type="resource" xlink:label="label2232" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncTotalMember_en-US">MBIA Inc Total [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2232" xlink:to="label2232" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncTotalMember" xlink:label="element2233" />
        <label xlink:type="resource" xlink:label="label2233" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncTotalMember_en-US">Mbia Inc Total [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2233" xlink:to="label2233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncTotalMember" xlink:label="element2234" />
        <label xlink:type="resource" xlink:label="label2234" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaIncTotalMember_en-US">MBIA Inc Total [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2234" xlink:to="label2234" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="element2235" />
        <label xlink:type="resource" xlink:label="label2235" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MoneyMarketSecuritiesMember_en-US">Money Market Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2235" xlink:to="label2235" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="element2236" />
        <label xlink:type="resource" xlink:label="label2236" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MoneyMarketSecuritiesMember_en-US">Money Market Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2236" xlink:to="label2236" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="element2237" />
        <label xlink:type="resource" xlink:label="label2237" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MoneyMarketSecuritiesMember_en-US">Money Market Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2237" xlink:to="label2237" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MultiSectorCDOMember" xlink:label="element2238" />
        <label xlink:type="resource" xlink:label="label2238" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MultiSectorCDOMember_en-US">Multi-Sector CDO [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2238" xlink:to="label2238" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MultiSectorCDOMember" xlink:label="element2239" />
        <label xlink:type="resource" xlink:label="label2239" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MultiSectorCDOMember_en-US">Multi Sector C D O [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2239" xlink:to="label2239" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MultiSectorCDOMember" xlink:label="element2240" />
        <label xlink:type="resource" xlink:label="label2240" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MultiSectorCDOMember_en-US">Multi-Sector CDO [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2240" xlink:to="label2240" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="element2241" />
        <label xlink:type="resource" xlink:label="label2241" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalMember_en-US">National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2241" xlink:to="label2241" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="element2242" />
        <label xlink:type="resource" xlink:label="label2242" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalMember_en-US">National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2242" xlink:to="label2242" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="element2243" />
        <label xlink:type="resource" xlink:label="label2243" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NationalMember_en-US">National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2243" xlink:to="label2243" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2244" />
        <label xlink:type="resource" xlink:label="label2244" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2244" xlink:to="label2244" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2245" />
        <label xlink:type="resource" xlink:label="label2245" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2245" xlink:to="label2245" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2246" />
        <label xlink:type="resource" xlink:label="label2246" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net gains (losses) on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2246" xlink:to="label2246" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="element2247" />
        <label xlink:type="resource" xlink:label="label2247" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetOtherThanTemporaryImpairments_en-US">Net Other Than Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2247" xlink:to="label2247" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="element2248" />
        <label xlink:type="resource" xlink:label="label2248" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetOtherThanTemporaryImpairments_en-US">Net Other Than Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2248" xlink:to="label2248" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="element2249" />
        <label xlink:type="resource" xlink:label="label2249" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetOtherThanTemporaryImpairments_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2249" xlink:to="label2249" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="element2250" />
        <label xlink:type="resource" xlink:label="label2250" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Gains Related to the Transfers Out of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2250" xlink:to="label2250" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="element2251" />
        <label xlink:type="resource" xlink:label="label2251" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Gains Related To Transfers Out Of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2251" xlink:to="label2251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="element2252" />
        <label xlink:type="resource" xlink:label="label2252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_en-US">Net unrealized losses on securities transferred out of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2252" xlink:to="label2252" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="element2253" />
        <label xlink:type="resource" xlink:label="label2253" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_en-US">Net Unrealized Loss Related to Transfers Into Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2253" xlink:to="label2253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="element2254" />
        <label xlink:type="resource" xlink:label="label2254" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_en-US">Net Unrealized Loss Related To Transfers Into Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2254" xlink:to="label2254" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="element2255" />
        <label xlink:type="resource" xlink:label="label2255" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_en-US">Net unrealized loss related to transfer into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2255" xlink:to="label2255" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="element2256" />
        <label xlink:type="resource" xlink:label="label2256" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Loss Related to Transfers Out of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2256" xlink:to="label2256" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="element2257" />
        <label xlink:type="resource" xlink:label="label2257" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Loss Related To Transfers Out Of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2257" xlink:to="label2257" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="element2258" />
        <label xlink:type="resource" xlink:label="label2258" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_en-US">Net unrealized loss related to transfers out of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2258" xlink:to="label2258" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="element2259" />
        <label xlink:type="resource" xlink:label="label2259" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonInsuredCreditDefaultSwapsMember_en-US">Non Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2259" xlink:to="label2259" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="element2260" />
        <label xlink:type="resource" xlink:label="label2260" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonInsuredCreditDefaultSwapsMember_en-US">Non Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2260" xlink:to="label2260" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="element2261" />
        <label xlink:type="resource" xlink:label="label2261" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonInsuredCreditDefaultSwapsMember_en-US">Non-Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2261" xlink:to="label2261" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="element2262" />
        <label xlink:type="resource" xlink:label="label2262" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonInsuredCreditDefaultSwapsVIEMember_en-US">Non Insured Credit Default Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2262" xlink:to="label2262" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="element2263" />
        <label xlink:type="resource" xlink:label="label2263" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonInsuredCreditDefaultSwapsVIEMember_en-US">Non Insured Credit Default Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2263" xlink:to="label2263" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="element2264" />
        <label xlink:type="resource" xlink:label="label2264" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonInsuredCreditDefaultSwapsVIEMember_en-US">Non-Insured Credit Default Swaps-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2264" xlink:to="label2264" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="element2265" />
        <label xlink:type="resource" xlink:label="label2265" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonInsuredDerivativesMember_en-US">Non-Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2265" xlink:to="label2265" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="element2266" />
        <label xlink:type="resource" xlink:label="label2266" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonInsuredDerivativesMember_en-US">Non Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2266" xlink:to="label2266" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="element2267" />
        <label xlink:type="resource" xlink:label="label2267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonInsuredDerivativesMember_en-US">Non-Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2267" xlink:to="label2267" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonperformanceRiskMember" xlink:label="element2268" />
        <label xlink:type="resource" xlink:label="label2268" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonperformanceRiskMember_en-US">Nonperformance Risk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2268" xlink:to="label2268" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonperformanceRiskMember" xlink:label="element2269" />
        <label xlink:type="resource" xlink:label="label2269" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonperformanceRiskMember_en-US">Nonperformance Risk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2269" xlink:to="label2269" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonperformanceRiskMember" xlink:label="element2270" />
        <label xlink:type="resource" xlink:label="label2270" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonperformanceRiskMember_en-US">Nonperformance Risk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2270" xlink:to="label2270" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="element2271" />
        <label xlink:type="resource" xlink:label="label2271" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonVariableInterestEntitiesLineItems_en-US">Non-Variable Interest Entities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2271" xlink:to="label2271" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="element2272" />
        <label xlink:type="resource" xlink:label="label2272" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonVariableInterestEntitiesLineItems_en-US">Non Variable Interest Entities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2272" xlink:to="label2272" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="element2273" />
        <label xlink:type="resource" xlink:label="label2273" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonVariableInterestEntitiesLineItems_en-US">Non-Variable Interest Entities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2273" xlink:to="label2273" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="element2274" />
        <label xlink:type="resource" xlink:label="label2274" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonVariableInterestEntitiesMember_en-US">Non Variable Interest Entities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2274" xlink:to="label2274" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="element2275" />
        <label xlink:type="resource" xlink:label="label2275" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonVariableInterestEntitiesMember_en-US">Non Variable Interest Entities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2275" xlink:to="label2275" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="element2276" />
        <label xlink:type="resource" xlink:label="label2276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonVariableInterestEntitiesMember_en-US">Non Variable Interest Entities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2276" xlink:to="label2276" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotRatedMember" xlink:label="element2277" />
        <label xlink:type="resource" xlink:label="label2277" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NotRatedMember_en-US">Not Rated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2277" xlink:to="label2277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotRatedMember" xlink:label="element2278" />
        <label xlink:type="resource" xlink:label="label2278" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NotRatedMember_en-US">Not Rated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2278" xlink:to="label2278" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotRatedMember" xlink:label="element2279" />
        <label xlink:type="resource" xlink:label="label2279" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NotRatedMember_en-US">Not Rated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2279" xlink:to="label2279" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" xlink:label="element2280" />
        <label xlink:type="resource" xlink:label="label2280" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_en-US">November Two Thousand Twelve To March Thirty First Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2280" xlink:to="label2280" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" xlink:label="element2281" />
        <label xlink:type="resource" xlink:label="label2281" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_en-US">November Two Thousand Twelve To March Thirty First Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2281" xlink:to="label2281" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" xlink:label="element2282" />
        <label xlink:type="resource" xlink:label="label2282" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_en-US">November 2012 To March 31,2014 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2282" xlink:to="label2282" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewed" xlink:label="element2283" />
        <label xlink:type="resource" xlink:label="label2283" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfInsuredIssuesReviewed_en-US">Number Of Insured Issues Reviewed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2283" xlink:to="label2283" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewed" xlink:label="element2284" />
        <label xlink:type="resource" xlink:label="label2284" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfInsuredIssuesReviewed_en-US">Number Of Insured Issues Reviewed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2284" xlink:to="label2284" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewed" xlink:label="element2285" />
        <label xlink:type="resource" xlink:label="label2285" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfInsuredIssuesReviewed_en-US">Issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2285" xlink:to="label2285" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewed" xlink:label="element2286" />
        <label xlink:type="resource" xlink:label="label2286" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_NumberOfInsuredIssuesReviewed_en-US">Number of insured issues reviewed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2286" xlink:to="label2286" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries" xlink:label="element2287" />
        <label xlink:type="resource" xlink:label="label2287" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_en-US">Number Of Insured Issues Reviewed With Recorded Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2287" xlink:to="label2287" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries" xlink:label="element2288" />
        <label xlink:type="resource" xlink:label="label2288" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_en-US">Number Of Insured Issues Reviewed With Recorded Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2288" xlink:to="label2288" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries" xlink:label="element2289" />
        <label xlink:type="resource" xlink:label="label2289" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_en-US">Number of insured issues reviewed with recorded recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2289" xlink:to="label2289" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfPolicies" xlink:label="element2290" />
        <label xlink:type="resource" xlink:label="label2290" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfPolicies_en-US">Number Of Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2290" xlink:to="label2290" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfPolicies" xlink:label="element2291" />
        <label xlink:type="resource" xlink:label="label2291" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfPolicies_en-US">Number Of Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2291" xlink:to="label2291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfPolicies" xlink:label="element2292" />
        <label xlink:type="resource" xlink:label="label2292" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfPolicies_en-US">Number of policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2292" xlink:to="label2292" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfStructuredCmbsCommutations" xlink:label="element2293" />
        <label xlink:type="resource" xlink:label="label2293" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfStructuredCmbsCommutations_en-US">Number Of Structured Cmbs Commutations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2293" xlink:to="label2293" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfStructuredCmbsCommutations" xlink:label="element2294" />
        <label xlink:type="resource" xlink:label="label2294" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfStructuredCmbsCommutations_en-US">Number Of Structured Cmbs Commutations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2294" xlink:to="label2294" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfStructuredCmbsCommutations" xlink:label="element2295" />
        <label xlink:type="resource" xlink:label="label2295" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfStructuredCmbsCommutations_en-US">Number of structured Cmbs commutations since 2010</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2295" xlink:to="label2295" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" xlink:label="element2296" />
        <label xlink:type="resource" xlink:label="label2296" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_en-US">Number Of Transactions Received Consideration And Excluded From Loan Files Reviewed With Potential Recoveries Including Alta</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2296" xlink:to="label2296" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" xlink:label="element2297" />
        <label xlink:type="resource" xlink:label="label2297" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_en-US">Number Of Transactions Received Consideration And Excluded From Loan Files Reviewed With Potential Recoveries Including Alta</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2297" xlink:to="label2297" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" xlink:label="element2298" />
        <label xlink:type="resource" xlink:label="label2298" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_en-US">Number of transactions received consideration and excluded from loan files reviewed with potential recoveries including Alt-A</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2298" xlink:to="label2298" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="element2299" />
        <label xlink:type="resource" xlink:label="label2299" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAssetBackedMember_en-US">Other Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2299" xlink:to="label2299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="element2300" />
        <label xlink:type="resource" xlink:label="label2300" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAssetBackedMember_en-US">Other Asset Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2300" xlink:to="label2300" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="element2301" />
        <label xlink:type="resource" xlink:label="label2301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAssetBackedMember_en-US">Other Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2301" xlink:to="label2301" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativesMember" xlink:label="element2302" />
        <label xlink:type="resource" xlink:label="label2302" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherDerivativesMember_en-US">Other Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2302" xlink:to="label2302" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativesMember" xlink:label="element2303" />
        <label xlink:type="resource" xlink:label="label2303" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherDerivativesMember_en-US">Other Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2303" xlink:to="label2303" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativesMember" xlink:label="element2304" />
        <label xlink:type="resource" xlink:label="label2304" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherDerivativesMember_en-US">Other Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2304" xlink:to="label2304" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="element2305" />
        <label xlink:type="resource" xlink:label="label2305" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherFixedMaturityInvestmentsMember_en-US">Other Fixed Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2305" xlink:to="label2305" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="element2306" />
        <label xlink:type="resource" xlink:label="label2306" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherFixedMaturityInvestmentsMember_en-US">Other Fixed Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2306" xlink:to="label2306" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="element2307" />
        <label xlink:type="resource" xlink:label="label2307" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherFixedMaturityInvestmentsMember_en-US">Other-Fixed Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2307" xlink:to="label2307" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="element2308" />
        <label xlink:type="resource" xlink:label="label2308" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLoansMember_en-US">Other Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2308" xlink:to="label2308" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="element2309" />
        <label xlink:type="resource" xlink:label="label2309" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLoansMember_en-US">Other Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2309" xlink:to="label2309" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="element2310" />
        <label xlink:type="resource" xlink:label="label2310" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLoansMember_en-US">Other Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2310" xlink:to="label2310" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLocationsMember" xlink:label="element2311" />
        <label xlink:type="resource" xlink:label="label2311" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLocationsMember_en-US">Other Locations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2311" xlink:to="label2311" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLocationsMember" xlink:label="element2312" />
        <label xlink:type="resource" xlink:label="label2312" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLocationsMember_en-US">Other Locations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2312" xlink:to="label2312" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLocationsMember" xlink:label="element2313" />
        <label xlink:type="resource" xlink:label="label2313" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLocationsMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2313" xlink:to="label2313" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="element2314" />
        <label xlink:type="resource" xlink:label="label2314" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_en-US">Other Losses And Loss And Loss Adjustment Expense [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2314" xlink:to="label2314" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="element2315" />
        <label xlink:type="resource" xlink:label="label2315" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_en-US">Other Losses And Loss And Loss Adjustment Expense [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2315" xlink:to="label2315" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="element2316" />
        <label xlink:type="resource" xlink:label="label2316" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2316" xlink:to="label2316" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="element2317" />
        <label xlink:type="resource" xlink:label="label2317" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_en-US">Payable for investments purchased fair value disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2317" xlink:to="label2317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="element2318" />
        <label xlink:type="resource" xlink:label="label2318" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_en-US">Payable For Investments Purchased Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2318" xlink:to="label2318" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="element2319" />
        <label xlink:type="resource" xlink:label="label2319" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_en-US">Payable for investments purchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2319" xlink:to="label2319" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="element2320" />
        <label xlink:type="resource" xlink:label="label2320" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_en-US">Payments for net realized losses on insured derivatives paid.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2320" xlink:to="label2320" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="element2321" />
        <label xlink:type="resource" xlink:label="label2321" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_en-US">Payments For Net Realized Losses On Insured Derivatives Paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2321" xlink:to="label2321" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="element2322" />
        <label xlink:type="resource" xlink:label="label2322" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_en-US">Insured derivative commutations and losses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2322" xlink:to="label2322" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfCurrentRollToLossForTransaction" xlink:label="element2323" />
        <label xlink:type="resource" xlink:label="label2323" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfCurrentRollToLossForTransaction_en-US">Percentage Of Current Roll To Loss For Transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2323" xlink:to="label2323" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfCurrentRollToLossForTransaction" xlink:label="element2324" />
        <label xlink:type="resource" xlink:label="label2324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfCurrentRollToLossForTransaction_en-US">Percentage Of Current Roll To Loss For Transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2324" xlink:to="label2324" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfCurrentRollToLossForTransaction" xlink:label="element2325" />
        <label xlink:type="resource" xlink:label="label2325" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfCurrentRollToLossForTransaction_en-US">Percentage of Current Roll to Loss for the transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2325" xlink:to="label2325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" xlink:label="element2326" />
        <label xlink:type="resource" xlink:label="label2326" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_en-US">Percentage Of Further Reduction Of Current Roll To Loss For Transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2326" xlink:to="label2326" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" xlink:label="element2327" />
        <label xlink:type="resource" xlink:label="label2327" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_en-US">Percentage Of Further Reduction Of Current Roll To Loss For Transaction</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2327" xlink:to="label2327" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" xlink:label="element2328" />
        <label xlink:type="resource" xlink:label="label2328" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_en-US">Current Roll to Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2328" xlink:to="label2328" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfIneligibleMortgageLoans" xlink:label="element2329" />
        <label xlink:type="resource" xlink:label="label2329" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfIneligibleMortgageLoans_en-US">Percentage Of Ineligible Mortgage Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2329" xlink:to="label2329" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfIneligibleMortgageLoans" xlink:label="element2330" />
        <label xlink:type="resource" xlink:label="label2330" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfIneligibleMortgageLoans_en-US">Percentage Of Ineligible Mortgage Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2330" xlink:to="label2330" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfIneligibleMortgageLoans" xlink:label="element2331" />
        <label xlink:type="resource" xlink:label="label2331" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfIneligibleMortgageLoans_en-US">Breach rate of ineligible mortgage loans reviewed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2331" xlink:to="label2331" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="element2332" />
        <label xlink:type="resource" xlink:label="label2332" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_en-US">Percentage Of Insured Credit Derivatives Value Under Bet Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2332" xlink:to="label2332" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="element2333" />
        <label xlink:type="resource" xlink:label="label2333" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_en-US">Percentage Of Insured Credit Derivatives Value Under Bet Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2333" xlink:to="label2333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="element2334" />
        <label xlink:type="resource" xlink:label="label2334" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_en-US">Percentage of insured credit derivatives, fair value using the BET model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2334" xlink:to="label2334" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="element2335" />
        <label xlink:type="resource" xlink:label="label2335" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_en-US">Percentage of insured credit derivatives value under direct price model and dual default model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2335" xlink:to="label2335" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="element2336" />
        <label xlink:type="resource" xlink:label="label2336" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_en-US">Percentage Of Insured Credit Derivatives Value Under Direct Price Model And Dual Default Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2336" xlink:to="label2336" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="element2337" />
        <label xlink:type="resource" xlink:label="label2337" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_en-US">Percentage of insured credit derivatives, value under Direct Price Model and Dual-Default Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2337" xlink:to="label2337" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansChargedOff" xlink:label="element2338" />
        <label xlink:type="resource" xlink:label="label2338" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfLoansChargedOff_en-US">Percentage Of Loans Charged Off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2338" xlink:to="label2338" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansChargedOff" xlink:label="element2339" />
        <label xlink:type="resource" xlink:label="label2339" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfLoansChargedOff_en-US">Percentage Of Loans Charged Off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2339" xlink:to="label2339" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansChargedOff" xlink:label="element2340" />
        <label xlink:type="resource" xlink:label="label2340" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfLoansChargedOff_en-US">Percentage of loans charged-off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2340" xlink:to="label2340" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" xlink:label="element2341" />
        <label xlink:type="resource" xlink:label="label2341" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_en-US">Percentage Of Loans In 30-59 Day Delinquent Bucket</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2341" xlink:to="label2341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" xlink:label="element2342" />
        <label xlink:type="resource" xlink:label="label2342" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_en-US">Percentage Of Loans In Thirty To Fifty Nine Day Delinquent Bucket</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2342" xlink:to="label2342" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" xlink:label="element2343" />
        <label xlink:type="resource" xlink:label="label2343" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_en-US">Percentage of loans in 30-59 days delinquent bucket</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2343" xlink:to="label2343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" xlink:label="element2344" />
        <label xlink:type="resource" xlink:label="label2344" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_en-US">Percentage Of Loss After Declining Over Twenty Four Month Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2344" xlink:to="label2344" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" xlink:label="element2345" />
        <label xlink:type="resource" xlink:label="label2345" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_en-US">Percentage Of Loss After Declining Over Twenty Four Month Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2345" xlink:to="label2345" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" xlink:label="element2346" />
        <label xlink:type="resource" xlink:label="label2346" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_en-US">Percentage of roll to loss after declining over a 24-month period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2346" xlink:to="label2346" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossOnLiquidation" xlink:label="element2347" />
        <label xlink:type="resource" xlink:label="label2347" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfLossOnLiquidation_en-US">Percentage Of Loss On Liquidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2347" xlink:to="label2347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossOnLiquidation" xlink:label="element2348" />
        <label xlink:type="resource" xlink:label="label2348" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfLossOnLiquidation_en-US">Percentage Of Loss On Liquidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2348" xlink:to="label2348" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossOnLiquidation" xlink:label="element2349" />
        <label xlink:type="resource" xlink:label="label2349" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfLossOnLiquidation_en-US">Percentage of loss on liquidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2349" xlink:to="label2349" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" xlink:label="element2350" />
        <label xlink:type="resource" xlink:label="label2350" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_en-US">Percentage Of Recognized Estimated Recoveries In Relationship To Consolidated Total Shareholders Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2350" xlink:to="label2350" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" xlink:label="element2351" />
        <label xlink:type="resource" xlink:label="label2351" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_en-US">Percentage Of Recognized Estimated Recoveries In Relationship To Consolidated Total Shareholders Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2351" xlink:to="label2351" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" xlink:label="element2352" />
        <label xlink:type="resource" xlink:label="label2352" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_en-US">Percentage of recognized estimated recoveries in relationship to consolidated total shareholder's equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2352" xlink:to="label2352" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" xlink:label="element2353" />
        <label xlink:type="resource" xlink:label="label2353" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_en-US">Percentage of recognized estimated recoveries in relationship to consolidated total shareholders equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2353" xlink:to="label2353" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRollRateToLossSet" xlink:label="element2354" />
        <label xlink:type="resource" xlink:label="label2354" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfRollRateToLossSet_en-US">Percentage Of Roll Rate To Loss Set</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2354" xlink:to="label2354" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRollRateToLossSet" xlink:label="element2355" />
        <label xlink:type="resource" xlink:label="label2355" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfRollRateToLossSet_en-US">Percentage Of Roll Rate To Loss Set</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2355" xlink:to="label2355" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRollRateToLossSet" xlink:label="element2356" />
        <label xlink:type="resource" xlink:label="label2356" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfRollRateToLossSet_en-US">90+ day roll rate to loss set stress scenario</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2356" xlink:to="label2356" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="element2357" />
        <label xlink:type="resource" xlink:label="label2357" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_en-US">Percentage Of Sector Specific Transactions Valued Using BET Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2357" xlink:to="label2357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="element2358" />
        <label xlink:type="resource" xlink:label="label2358" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_en-US">Percentage Of Sector Specific Transactions Valued Using Bet Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2358" xlink:to="label2358" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="element2359" />
        <label xlink:type="resource" xlink:label="label2359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_en-US">Percentage of sector-specific transactions valued using BET model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2359" xlink:to="label2359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="element2360" />
        <label xlink:type="resource" xlink:label="label2360" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_en-US">Percentage that a security's fair value is below its book value on available-for-sale and held-to-maturity securities. This percentage is used as a severity threshold for disclosing information about securities in an unrealized loss position for a continuous 12 month period or longer.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2360" xlink:to="label2360" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="element2361" />
        <label xlink:type="resource" xlink:label="label2361" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_en-US">Percentage Of Securities Book Value Exceeded Market Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2361" xlink:to="label2361" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="element2362" />
        <label xlink:type="resource" xlink:label="label2362" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_en-US">Rate that a security's fair value is below book value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2362" xlink:to="label2362" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="element2363" />
        <label xlink:type="resource" xlink:label="label2363" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_en-US">Percentage of securities rated below investment grade without giving effect to the benefit of guarantees provided by financial guarantors.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2363" xlink:to="label2363" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="element2364" />
        <label xlink:type="resource" xlink:label="label2364" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_en-US">Percentage Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2364" xlink:to="label2364" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="element2365" />
        <label xlink:type="resource" xlink:label="label2365" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_en-US">Percentage of securities rated below investment grade without giving effect to the benefit of guarantees provided by financial guarantors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2365" xlink:to="label2365" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="element2366" />
        <label xlink:type="resource" xlink:label="label2366" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_en-US">Percentage Of Transactions Valued Using Corporate Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2366" xlink:to="label2366" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="element2367" />
        <label xlink:type="resource" xlink:label="label2367" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_en-US">Percentage Of Transactions Valued Using Corporate Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2367" xlink:to="label2367" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="element2368" />
        <label xlink:type="resource" xlink:label="label2368" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_en-US">Percentage of transactions valued using corporate spreads used</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2368" xlink:to="label2368" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="element2369" />
        <label xlink:type="resource" xlink:label="label2369" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_en-US">Percentage of Transactions Valued Using Spread Benchmark From Most Relevant Spread Source</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2369" xlink:to="label2369" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="element2370" />
        <label xlink:type="resource" xlink:label="label2370" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_en-US">Percentage Of Transactions Valued Using Spread Benchmark From Most Relevant Spread Source</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2370" xlink:to="label2370" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="element2371" />
        <label xlink:type="resource" xlink:label="label2371" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_en-US">Percentage of transactions valued using spread benchmarked from most relevant spread source</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2371" xlink:to="label2371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="element2372" />
        <label xlink:type="resource" xlink:label="label2372" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_en-US">Percentage of Transactions Valued Using Warf Sourced And Or Ratings Source Credit Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2372" xlink:to="label2372" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="element2373" />
        <label xlink:type="resource" xlink:label="label2373" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_en-US">Percentage Of Transactions Valued Using Warf Sourced And Or Ratings Source Credit Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2373" xlink:to="label2373" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="element2374" />
        <label xlink:type="resource" xlink:label="label2374" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_en-US">Percentage of transactions valued using WARF-sourced and/or ratings sourced credit spreads</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2374" xlink:to="label2374" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" xlink:label="element2375" />
        <label xlink:type="resource" xlink:label="label2375" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_en-US">Period Of Elevated Delinquency And Loss For Base Case, Beginning, Months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2375" xlink:to="label2375" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" xlink:label="element2376" />
        <label xlink:type="resource" xlink:label="label2376" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_en-US">Period Of Elevated Delinquency And Loss For Base Case Beginning Months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2376" xlink:to="label2376" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" xlink:label="element2377" />
        <label xlink:type="resource" xlink:label="label2377" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_en-US">Period of elevated delinquency and loss for base case, beginning, months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2377" xlink:to="label2377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" xlink:label="element2378" />
        <label xlink:type="resource" xlink:label="label2378" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_en-US">Period Of Elevated Delinquency And Loss For Stress Case, Additional Months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2378" xlink:to="label2378" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" xlink:label="element2379" />
        <label xlink:type="resource" xlink:label="label2379" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_en-US">Period Of Elevated Delinquency And Loss For Stress Case Additional Months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2379" xlink:to="label2379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" xlink:label="element2380" />
        <label xlink:type="resource" xlink:label="label2380" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_en-US">Period of elevated delinquency and loss for stress case, additional months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2380" xlink:to="label2380" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="element2381" />
        <label xlink:type="resource" xlink:label="label2381" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PerpetualPreferredSecuritiesMember_en-US">Perpetual Preferred Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2381" xlink:to="label2381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="element2382" />
        <label xlink:type="resource" xlink:label="label2382" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PerpetualPreferredSecuritiesMember_en-US">Perpetual Preferred Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2382" xlink:to="label2382" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="element2383" />
        <label xlink:type="resource" xlink:label="label2383" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PerpetualPreferredSecuritiesMember_en-US">Perpetual Preferred Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2383" xlink:to="label2383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="element2384" />
        <label xlink:type="resource" xlink:label="label2384" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_en-US">Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2384" xlink:to="label2384" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="element2385" />
        <label xlink:type="resource" xlink:label="label2385" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_en-US">Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2385" xlink:to="label2385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="element2386" />
        <label xlink:type="resource" xlink:label="label2386" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_en-US">Total premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2386" xlink:to="label2386" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="element2387" />
        <label xlink:type="resource" xlink:label="label2387" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_en-US">This element shows Premiums earned on financial guarantees and insured derivatives within the company's insurance segments by geographic location of risk.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2387" xlink:to="label2387" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="element2388" />
        <label xlink:type="resource" xlink:label="label2388" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_en-US">Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2388" xlink:to="label2388" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="element2389" />
        <label xlink:type="resource" xlink:label="label2389" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_en-US">Summary Of premiums earned on financial guarantees and insured derivatives by geographic location of risk</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2389" xlink:to="label2389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="element2390" />
        <label xlink:type="resource" xlink:label="label2390" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromConsolidationOfVariableInterestEntity_en-US">Cash inflows from consolidation of variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2390" xlink:to="label2390" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="element2391" />
        <label xlink:type="resource" xlink:label="label2391" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromConsolidationOfVariableInterestEntity_en-US">Proceeds From Consolidation Of Variable Interest Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2391" xlink:to="label2391" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="element2392" />
        <label xlink:type="resource" xlink:label="label2392" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromConsolidationOfVariableInterestEntity_en-US">Consolidation of variable interest entities including cash acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2392" xlink:to="label2392" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="element2393" />
        <label xlink:type="resource" xlink:label="label2393" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromReinsuranceAndRecoveries_en-US">Proceeds from reinsurance and recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2393" xlink:to="label2393" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="element2394" />
        <label xlink:type="resource" xlink:label="label2394" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromReinsuranceAndRecoveries_en-US">Proceeds From Reinsurance And Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2394" xlink:to="label2394" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="element2395" />
        <label xlink:type="resource" xlink:label="label2395" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromReinsuranceAndRecoveries_en-US">Proceeds from recoveries and reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2395" xlink:to="label2395" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProprietaryPerformanceDataOnCreLoansAmount" xlink:label="element2396" />
        <label xlink:type="resource" xlink:label="label2396" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProprietaryPerformanceDataOnCreLoansAmount_en-US">Proprietary Performance Data On CRE Loans Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2396" xlink:to="label2396" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProprietaryPerformanceDataOnCreLoansAmount" xlink:label="element2397" />
        <label xlink:type="resource" xlink:label="label2397" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProprietaryPerformanceDataOnCreLoansAmount_en-US">Proprietary Performance Data On Cre Loans Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2397" xlink:to="label2397" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProprietaryPerformanceDataOnCreLoansAmount" xlink:label="element2398" />
        <label xlink:type="resource" xlink:label="label2398" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProprietaryPerformanceDataOnCreLoansAmount_en-US">Proprietary performance data on CRE loans, amount from 1992 to 2011</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2398" xlink:to="label2398" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealEstateOwnedMember" xlink:label="element2399" />
        <label xlink:type="resource" xlink:label="label2399" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealEstateOwnedMember_en-US">Real Estate Owned [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2399" xlink:to="label2399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealEstateOwnedMember" xlink:label="element2400" />
        <label xlink:type="resource" xlink:label="label2400" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealEstateOwnedMember_en-US">Real Estate Owned [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2400" xlink:to="label2400" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealEstateOwnedMember" xlink:label="element2401" />
        <label xlink:type="resource" xlink:label="label2401" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealEstateOwnedMember_en-US">Real Estate Owned [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2401" xlink:to="label2401" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2402" />
        <label xlink:type="resource" xlink:label="label2402" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized gains and losses and recognized premiums and fees related to insurance policies on derivatives included in earnings.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2402" xlink:to="label2402" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2403" />
        <label xlink:type="resource" xlink:label="label2403" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2403" xlink:to="label2403" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2404" />
        <label xlink:type="resource" xlink:label="label2404" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized gains (losses) and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2404" xlink:to="label2404" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2405" />
        <label xlink:type="resource" xlink:label="label2405" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized gains and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2405" xlink:to="label2405" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="element2406" />
        <label xlink:type="resource" xlink:label="label2406" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_en-US">Realized Gains Losses and Other Settlements on Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2406" xlink:to="label2406" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="element2407" />
        <label xlink:type="resource" xlink:label="label2407" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2407" xlink:to="label2407" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="element2408" />
        <label xlink:type="resource" xlink:label="label2408" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_en-US">Realized Gains (Losses) And Other Settlements On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2408" xlink:to="label2408" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2409" />
        <label xlink:type="resource" xlink:label="label2409" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives, Total.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2409" xlink:to="label2409" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2410" />
        <label xlink:type="resource" xlink:label="label2410" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2410" xlink:to="label2410" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2411" />
        <label xlink:type="resource" xlink:label="label2411" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized (gains) losses and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2411" xlink:to="label2411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2412" />
        <label xlink:type="resource" xlink:label="label2412" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized (gains) losses and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2412" xlink:to="label2412" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="element2413" />
        <label xlink:type="resource" xlink:label="label2413" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReceivableForInvestmentsSold_en-US">Receivable for investments sold.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2413" xlink:to="label2413" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="element2414" />
        <label xlink:type="resource" xlink:label="label2414" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReceivableForInvestmentsSold_en-US">Receivable For Investments Sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2414" xlink:to="label2414" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="element2415" />
        <label xlink:type="resource" xlink:label="label2415" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReceivableForInvestmentsSold_en-US">Receivable for investments sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2415" xlink:to="label2415" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="element2416" />
        <label xlink:type="resource" xlink:label="label2416" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_en-US">Reconciliation of net income loss to net cash provided used by operating activities [abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2416" xlink:to="label2416" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="element2417" />
        <label xlink:type="resource" xlink:label="label2417" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_en-US">Reconciliation Of Net Income Loss To Net Cash Provided Used By Operating Activities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2417" xlink:to="label2417" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="element2418" />
        <label xlink:type="resource" xlink:label="label2418" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_en-US">Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2418" xlink:to="label2418" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOfActualAndExpectedPayments" xlink:label="element2419" />
        <label xlink:type="resource" xlink:label="label2419" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RecoveriesOfActualAndExpectedPayments_en-US">Recoveries of actual and expected payments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2419" xlink:to="label2419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOfActualAndExpectedPayments" xlink:label="element2420" />
        <label xlink:type="resource" xlink:label="label2420" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RecoveriesOfActualAndExpectedPayments_en-US">Recoveries Of Actual And Expected Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2420" xlink:to="label2420" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOfActualAndExpectedPayments" xlink:label="element2421" />
        <label xlink:type="resource" xlink:label="label2421" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RecoveriesOfActualAndExpectedPayments_en-US">Recoveries of expected payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2421" xlink:to="label2421" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveryRatesMember" xlink:label="element2422" />
        <label xlink:type="resource" xlink:label="label2422" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RecoveryRatesMember_en-US">Recovery Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2422" xlink:to="label2422" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveryRatesMember" xlink:label="element2423" />
        <label xlink:type="resource" xlink:label="label2423" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RecoveryRatesMember_en-US">Recovery Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2423" xlink:to="label2423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveryRatesMember" xlink:label="element2424" />
        <label xlink:type="resource" xlink:label="label2424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RecoveryRatesMember_en-US">Recovery Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2424" xlink:to="label2424" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RefundingPremiumsEarned" xlink:label="element2425" />
        <label xlink:type="resource" xlink:label="label2425" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RefundingPremiumsEarned_en-US">Premiums recognized as revenue on all financial guarantee insurance contracts that were retired (through legal defeasance in satisfaction of the obligation according to its indenture) prior to the scheduled maturity. The premiums recognized in the current period were initially recorded under unearned premium revenue in the consolidated balance sheets when received.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2425" xlink:to="label2425" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RefundingPremiumsEarned" xlink:label="element2426" />
        <label xlink:type="resource" xlink:label="label2426" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RefundingPremiumsEarned_en-US">Refunding Premiums Earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2426" xlink:to="label2426" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RefundingPremiumsEarned" xlink:label="element2427" />
        <label xlink:type="resource" xlink:label="label2427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RefundingPremiumsEarned_en-US">Refunding premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2427" xlink:to="label2427" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemedialActionsForInsuredObligationsMember" xlink:label="element2428" />
        <label xlink:type="resource" xlink:label="label2428" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemedialActionsForInsuredObligationsMember_en-US">Remedial Actions for Insured Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2428" xlink:to="label2428" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemedialActionsForInsuredObligationsMember" xlink:label="element2429" />
        <label xlink:type="resource" xlink:label="label2429" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemedialActionsForInsuredObligationsMember_en-US">Remedial Actions For Insured Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2429" xlink:to="label2429" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemedialActionsForInsuredObligationsMember" xlink:label="element2430" />
        <label xlink:type="resource" xlink:label="label2430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemedialActionsForInsuredObligationsMember_en-US">Remedial Actions For Insured Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2430" xlink:to="label2430" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReservesForExpectedFutureClaimPayments" xlink:label="element2431" />
        <label xlink:type="resource" xlink:label="label2431" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReservesForExpectedFutureClaimPayments_en-US">Reserves For Expected Future Claim Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2431" xlink:to="label2431" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReservesForExpectedFutureClaimPayments" xlink:label="element2432" />
        <label xlink:type="resource" xlink:label="label2432" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReservesForExpectedFutureClaimPayments_en-US">Reserves For Expected Future Claim Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2432" xlink:to="label2432" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReservesForExpectedFutureClaimPayments" xlink:label="element2433" />
        <label xlink:type="resource" xlink:label="label2433" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReservesForExpectedFutureClaimPayments_en-US">Reserves for expected future claim payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2433" xlink:to="label2433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="element2434" />
        <label xlink:type="resource" xlink:label="label2434" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ResidentialMortgageBackedAgencyMember_en-US">Residential Mortgage Backed Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2434" xlink:to="label2434" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="element2435" />
        <label xlink:type="resource" xlink:label="label2435" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ResidentialMortgageBackedAgencyMember_en-US">Residential Mortgage Backed Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2435" xlink:to="label2435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="element2436" />
        <label xlink:type="resource" xlink:label="label2436" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ResidentialMortgageBackedAgencyMember_en-US">Residential Mortgage-Backed Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2436" xlink:to="label2436" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="element2437" />
        <label xlink:type="resource" xlink:label="label2437" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ResidentialMortgageBackedNonAgencyMember_en-US">Residential Mortgage-Backed Non-Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2437" xlink:to="label2437" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="element2438" />
        <label xlink:type="resource" xlink:label="label2438" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ResidentialMortgageBackedNonAgencyMember_en-US">Residential Mortgage Backed Non Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2438" xlink:to="label2438" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="element2439" />
        <label xlink:type="resource" xlink:label="label2439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ResidentialMortgageBackedNonAgencyMember_en-US">Residential Mortgage-Backed Non-Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2439" xlink:to="label2439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="element2440" />
        <label xlink:type="resource" xlink:label="label2440" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ResidentialMortgageLoansMember_en-US">Residential Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2440" xlink:to="label2440" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="element2441" />
        <label xlink:type="resource" xlink:label="label2441" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ResidentialMortgageLoansMember_en-US">Residential Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2441" xlink:to="label2441" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="element2442" />
        <label xlink:type="resource" xlink:label="label2442" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ResidentialMortgageLoansMember_en-US">Residential Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2442" xlink:to="label2442" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="element2443" />
        <label xlink:type="resource" xlink:label="label2443" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RevenuesOfConsolidatedVies_en-US">Total revenues of all Variable Interest Entities consolidated by the reporting entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2443" xlink:to="label2443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="element2444" />
        <label xlink:type="resource" xlink:label="label2444" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RevenuesOfConsolidatedVies_en-US">Revenues Of Consolidated Vies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2444" xlink:to="label2444" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="element2445" />
        <label xlink:type="resource" xlink:label="label2445" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RevenuesOfConsolidatedVies_en-US">Revenues of consolidated VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2445" xlink:to="label2445" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewedMember" xlink:label="element2446" />
        <label xlink:type="resource" xlink:label="label2446" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReviewedMember_en-US">Reviewed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2446" xlink:to="label2446" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewedMember" xlink:label="element2447" />
        <label xlink:type="resource" xlink:label="label2447" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReviewedMember_en-US">Reviewed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2447" xlink:to="label2447" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewedMember" xlink:label="element2448" />
        <label xlink:type="resource" xlink:label="label2448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReviewedMember_en-US">Reviewed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2448" xlink:to="label2448" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="element2449" />
        <label xlink:type="resource" xlink:label="label2449" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReviewStatusAxis_en-US">Review Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2449" xlink:to="label2449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="element2450" />
        <label xlink:type="resource" xlink:label="label2450" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReviewStatusAxis_en-US">Review Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2450" xlink:to="label2450" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="element2451" />
        <label xlink:type="resource" xlink:label="label2451" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReviewStatusAxis_en-US">Review Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2451" xlink:to="label2451" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="element2452" />
        <label xlink:type="resource" xlink:label="label2452" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReviewStatusDomain_en-US">Review Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2452" xlink:to="label2452" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="element2453" />
        <label xlink:type="resource" xlink:label="label2453" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReviewStatusDomain_en-US">Review Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2453" xlink:to="label2453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="element2454" />
        <label xlink:type="resource" xlink:label="label2454" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReviewStatusDomain_en-US">Review Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2454" xlink:to="label2454" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="element2455" />
        <label xlink:type="resource" xlink:label="label2455" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RmbsAndHelocAndCesMember_en-US">RMBS And HELOC and CES [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2455" xlink:to="label2455" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="element2456" />
        <label xlink:type="resource" xlink:label="label2456" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RmbsAndHelocAndCesMember_en-US">Rmbs And Heloc And Ces [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2456" xlink:to="label2456" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="element2457" />
        <label xlink:type="resource" xlink:label="label2457" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RmbsAndHelocAndCesMember_en-US">RMBS And HELOC And CES [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2457" xlink:to="label2457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="element2458" />
        <label xlink:type="resource" xlink:label="label2458" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_en-US">Schedule of Basic and Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2458" xlink:to="label2458" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="element2459" />
        <label xlink:type="resource" xlink:label="label2459" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_en-US">Schedule Of Basic And Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2459" xlink:to="label2459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="element2460" />
        <label xlink:type="resource" xlink:label="label2460" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_en-US">Schedule Of Basic And Diluted Earnings Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2460" xlink:to="label2460" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock" xlink:label="element2461" />
        <label xlink:type="resource" xlink:label="label2461" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock_en-US">Schedule Of Company's RMBS Exposure Gross Undiscounted Claim Liability And Potential Recoveries Before The Elimination Of Amounts Related To Consolidated VIE's [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2461" xlink:to="label2461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock" xlink:label="element2462" />
        <label xlink:type="resource" xlink:label="label2462" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock_en-US">Schedule Of Company S Rmbs Exposure Gross Undiscounted Claim Liability And Potential Recoveries Before Elimination Of Amounts Related To Consolidated Vie S Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2462" xlink:to="label2462" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock" xlink:label="element2463" />
        <label xlink:type="resource" xlink:label="label2463" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock_en-US">Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Excluding Amounts Related To Consolidated VIE's</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2463" xlink:to="label2463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock" xlink:label="element2464" />
        <label xlink:type="resource" xlink:label="label2464" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock_en-US">Schedule Of Expenses Related To Remedial Actions For Insured Obligations [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2464" xlink:to="label2464" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock" xlink:label="element2465" />
        <label xlink:type="resource" xlink:label="label2465" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock_en-US">Schedule Of Expenses Related To Remedial Actions For Insured Obligations [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2465" xlink:to="label2465" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock" xlink:label="element2466" />
        <label xlink:type="resource" xlink:label="label2466" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock_en-US">Schedule Of Expenses Related To Remedial Actions For Insured Obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2466" xlink:to="label2466" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="element2467" />
        <label xlink:type="resource" xlink:label="label2467" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_en-US">Fair values and gross unrealized losses by credit rating category of asset-backed securities, mortgage-backed securities and corporate obligations.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2467" xlink:to="label2467" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="element2468" />
        <label xlink:type="resource" xlink:label="label2468" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_en-US">Schedule Of Fair Values And Gross Unrealized Losses By Credit Rating Category [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2468" xlink:to="label2468" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="element2469" />
        <label xlink:type="resource" xlink:label="label2469" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_en-US">Fair Values And Gross Unrealized Losses By Credit Rating Category Of ABS, MBS and Corporate Obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2469" xlink:to="label2469" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="element2470" />
        <label xlink:type="resource" xlink:label="label2470" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_en-US">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2470" xlink:to="label2470" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="element2471" />
        <label xlink:type="resource" xlink:label="label2471" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_en-US">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2471" xlink:to="label2471" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="element2472" />
        <label xlink:type="resource" xlink:label="label2472" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_en-US">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2472" xlink:to="label2472" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="element2473" />
        <label xlink:type="resource" xlink:label="label2473" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_en-US">Schedule Of Insurance Loss Reserves And Recoverables For Insured Obligations [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2473" xlink:to="label2473" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="element2474" />
        <label xlink:type="resource" xlink:label="label2474" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_en-US">Schedule Of Insurance Loss Reserves And Recoverables For Insured Obligations [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2474" xlink:to="label2474" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="element2475" />
        <label xlink:type="resource" xlink:label="label2475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_en-US">Present Value Of The Probability-Weighted Future Claim Payments And Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2475" xlink:to="label2475" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="element2476" />
        <label xlink:type="resource" xlink:label="label2476" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_en-US">Schedule Of Loss And Loss Adjustment Expense Reserve [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2476" xlink:to="label2476" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="element2477" />
        <label xlink:type="resource" xlink:label="label2477" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_en-US">Schedule Of Loss And Loss Adjustment Expense Reserve [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2477" xlink:to="label2477" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="element2478" />
        <label xlink:type="resource" xlink:label="label2478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_en-US">Schedule Of Loss And Loss Adjustment Expenses Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2478" xlink:to="label2478" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="element2479" />
        <label xlink:type="resource" xlink:label="label2479" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_en-US">Schedule Of Losses And Loss Adjustment Expenses [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2479" xlink:to="label2479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="element2480" />
        <label xlink:type="resource" xlink:label="label2480" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_en-US">Schedule Of Losses And Loss Adjustment Expenses Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2480" xlink:to="label2480" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="element2481" />
        <label xlink:type="resource" xlink:label="label2481" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_en-US">Schedule Of Losses And Loss Adjustment Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2481" xlink:to="label2481" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock" xlink:label="element2482" />
        <label xlink:type="resource" xlink:label="label2482" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock_en-US">This element may be used to capture the complete disclosure for the identification, description and amounts of all significant reconciling items in the reconciliation of total profit or loss from the segments within the wind-down operations to the total of all wind-down operations income before income taxes, extraordinary items, discontinued operations and the cumulative effect of changes in accounting principles.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2482" xlink:to="label2482" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock" xlink:label="element2483" />
        <label xlink:type="resource" xlink:label="label2483" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock_en-US">Schedule Of Segment Information In Wind Down Operations Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2483" xlink:to="label2483" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock" xlink:label="element2484" />
        <label xlink:type="resource" xlink:label="label2484" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock_en-US">Summary Of Segments Within Wind-Down Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2484" xlink:to="label2484" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="element2485" />
        <label xlink:type="resource" xlink:label="label2485" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_en-US">Tabular disclosure presenting the significant inputs used in measuring the credit loss component recognized in earnings of other-than-temporary impairments in which a portion of the impairment loss is recognized in accumulated other comprehensive income.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2485" xlink:to="label2485" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="element2486" />
        <label xlink:type="resource" xlink:label="label2486" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_en-US">Schedule Of Significant Inputs Used In Measurement Of Credit Loss Component Recognized In Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2486" xlink:to="label2486" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="element2487" />
        <label xlink:type="resource" xlink:label="label2487" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_en-US">Significant Inputs Used In Measurement Of Credit Losses On Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2487" xlink:to="label2487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="element2488" />
        <label xlink:type="resource" xlink:label="label2488" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_en-US">Schedule Of Summary Of Nonconsolidated VIEs Assets And Liabilities [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2488" xlink:to="label2488" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="element2489" />
        <label xlink:type="resource" xlink:label="label2489" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_en-US">Schedule Of Summary Of Nonconsolidated Vies Assets And Liabilities [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2489" xlink:to="label2489" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="element2490" />
        <label xlink:type="resource" xlink:label="label2490" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_en-US">Summary Of Nonconsolidated VIEs Assets And Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2490" xlink:to="label2490" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock" xlink:label="element2491" />
        <label xlink:type="resource" xlink:label="label2491" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock_en-US">Schedule Of Total Estimated Recoveries From Ineligible Mortgage Loans [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2491" xlink:to="label2491" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock" xlink:label="element2492" />
        <label xlink:type="resource" xlink:label="label2492" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock_en-US">Schedule Of Total Estimated Recoveries From Ineligible Mortgage Loans [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2492" xlink:to="label2492" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock" xlink:label="element2493" />
        <label xlink:type="resource" xlink:label="label2493" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock_en-US">Schedule Of Total Estimated Recoveries From Ineligible Second-Lien Mortgage Loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2493" xlink:to="label2493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="element2494" />
        <label xlink:type="resource" xlink:label="label2494" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_en-US">Second-Lien Residential Mortgage Backed Securities And Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2494" xlink:to="label2494" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="element2495" />
        <label xlink:type="resource" xlink:label="label2495" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_en-US">Second Lien Residential Mortgage Backed Securities And Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2495" xlink:to="label2495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="element2496" />
        <label xlink:type="resource" xlink:label="label2496" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_en-US">Second-Lien RMBS [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2496" xlink:to="label2496" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRMBSSecuritizationsMember" xlink:label="element2497" />
        <label xlink:type="resource" xlink:label="label2497" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecondLienRMBSSecuritizationsMember_en-US">Second Lien R M B S Securitizations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2497" xlink:to="label2497" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRMBSSecuritizationsMember" xlink:label="element2498" />
        <label xlink:type="resource" xlink:label="label2498" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecondLienRMBSSecuritizationsMember_en-US">Second Lien R M B S Securitizations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2498" xlink:to="label2498" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRMBSSecuritizationsMember" xlink:label="element2499" />
        <label xlink:type="resource" xlink:label="label2499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecondLienRMBSSecuritizationsMember_en-US">Second-Lien RMBS Securitizations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2499" xlink:to="label2499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="element2500" />
        <label xlink:type="resource" xlink:label="label2500" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_en-US">Securities held in unrealized loss position and insured by financial guarantor and the related insurance loss reserve on company insured investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2500" xlink:to="label2500" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="element2501" />
        <label xlink:type="resource" xlink:label="label2501" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_en-US">Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And Related Insurance Loss Reserve On Company Insured Investments [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2501" xlink:to="label2501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="element2502" />
        <label xlink:type="resource" xlink:label="label2502" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_en-US">Securities Held In Unrealized Loss Position And Insured By Financial Guarantor and The Related Insurance Loss Reserve On Company Insured Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2502" xlink:to="label2502" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="element2503" />
        <label xlink:type="resource" xlink:label="label2503" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuritiesInUnrealizedLossPositionMember_en-US">Securities In Unrealized Loss Position [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2503" xlink:to="label2503" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="element2504" />
        <label xlink:type="resource" xlink:label="label2504" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuritiesInUnrealizedLossPositionMember_en-US">Securities In Unrealized Loss Position [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2504" xlink:to="label2504" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="element2505" />
        <label xlink:type="resource" xlink:label="label2505" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuritiesInUnrealizedLossPositionMember_en-US">Securities In Unrealized Loss Position [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2505" xlink:to="label2505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" xlink:label="element2506" />
        <label xlink:type="resource" xlink:label="label2506" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_en-US">Settlement received by assured guaranty from Bank Of America for put-back claims.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2506" xlink:to="label2506" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" xlink:label="element2507" />
        <label xlink:type="resource" xlink:label="label2507" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_en-US">Settlement Received By Assured Guaranty From Bank Of America For Put Back Claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2507" xlink:to="label2507" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" xlink:label="element2508" />
        <label xlink:type="resource" xlink:label="label2508" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_en-US">Settlement received by assured guaranty from bank of america for put back claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2508" xlink:to="label2508" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedForAssuredGuarantyPutBackClaims" xlink:label="element2509" />
        <label xlink:type="resource" xlink:label="label2509" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_en-US">Settlement Received For Assured Guaranty Put Back Claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2509" xlink:to="label2509" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedForAssuredGuarantyPutBackClaims" xlink:label="element2510" />
        <label xlink:type="resource" xlink:label="label2510" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_en-US">Settlement Received For Assured Guaranty Put Back Claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2510" xlink:to="label2510" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedForAssuredGuarantyPutBackClaims" xlink:label="element2511" />
        <label xlink:type="resource" xlink:label="label2511" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_en-US">Settlement received for assured guaranty put-back claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2511" xlink:to="label2511" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="element2512" />
        <label xlink:type="resource" xlink:label="label2512" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_en-US">Distribution of securities where fair value is below market value by greater than 15% to 25%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2512" xlink:to="label2512" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="element2513" />
        <label xlink:type="resource" xlink:label="label2513" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_en-US">Greater Than Fifteen Percent To Twenty Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2513" xlink:to="label2513" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="element2514" />
        <label xlink:type="resource" xlink:label="label2514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_en-US">&gt; 15% To 25% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2514" xlink:to="label2514" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="element2515" />
        <label xlink:type="resource" xlink:label="label2515" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StructuredFinanceAndInternationalInsuranceMember_en-US">Structured Finance and International Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2515" xlink:to="label2515" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="element2516" />
        <label xlink:type="resource" xlink:label="label2516" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StructuredFinanceAndInternationalInsuranceMember_en-US">Structured Finance And International Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2516" xlink:to="label2516" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="element2517" />
        <label xlink:type="resource" xlink:label="label2517" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StructuredFinanceAndInternationalInsuranceMember_en-US">International And Structured Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2517" xlink:to="label2517" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SumOfProbabilitiesAssignedToAllScenarios" xlink:label="element2518" />
        <label xlink:type="resource" xlink:label="label2518" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SumOfProbabilitiesAssignedToAllScenarios_en-US">Sum Of Probabilities Assigned To All Scenarios</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2518" xlink:to="label2518" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SumOfProbabilitiesAssignedToAllScenarios" xlink:label="element2519" />
        <label xlink:type="resource" xlink:label="label2519" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SumOfProbabilitiesAssignedToAllScenarios_en-US">Sum Of Probabilities Assigned To All Scenarios</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2519" xlink:to="label2519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SumOfProbabilitiesAssignedToAllScenarios" xlink:label="element2520" />
        <label xlink:type="resource" xlink:label="label2520" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SumOfProbabilitiesAssignedToAllScenarios_en-US">Sum of probabilities assigned to all scenarios</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2520" xlink:to="label2520" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="element2521" />
        <label xlink:type="resource" xlink:label="label2521" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurveillanceCategoriesAxis_en-US">Surveillance Categories [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2521" xlink:to="label2521" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="element2522" />
        <label xlink:type="resource" xlink:label="label2522" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurveillanceCategoriesAxis_en-US">Surveillance Categories [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2522" xlink:to="label2522" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="element2523" />
        <label xlink:type="resource" xlink:label="label2523" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurveillanceCategoriesAxis_en-US">Surveillance Categories [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2523" xlink:to="label2523" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="element2524" />
        <label xlink:type="resource" xlink:label="label2524" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurveillanceCategoriesDomain_en-US">Surveillance Categories [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2524" xlink:to="label2524" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="element2525" />
        <label xlink:type="resource" xlink:label="label2525" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurveillanceCategoriesDomain_en-US">Surveillance Categories [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2525" xlink:to="label2525" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="element2526" />
        <label xlink:type="resource" xlink:label="label2526" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurveillanceCategoriesDomain_en-US">Surveillance Categories [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2526" xlink:to="label2526" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableBondsMember" xlink:label="element2527" />
        <label xlink:type="resource" xlink:label="label2527" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxableBondsMember_en-US">Taxable Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2527" xlink:to="label2527" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableBondsMember" xlink:label="element2528" />
        <label xlink:type="resource" xlink:label="label2528" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxableBondsMember_en-US">Taxable Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2528" xlink:to="label2528" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableBondsMember" xlink:label="element2529" />
        <label xlink:type="resource" xlink:label="label2529" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxableBondsMember_en-US">Taxable Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2529" xlink:to="label2529" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="element2530" />
        <label xlink:type="resource" xlink:label="label2530" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxableIncomeProjectionYears_en-US">Taxable income projection, years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2530" xlink:to="label2530" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="element2531" />
        <label xlink:type="resource" xlink:label="label2531" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxableIncomeProjectionYears_en-US">Taxable Income Projection Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2531" xlink:to="label2531" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="element2532" />
        <label xlink:type="resource" xlink:label="label2532" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxableIncomeProjectionYears_en-US">Taxable income projections, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2532" xlink:to="label2532" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxExemptBondsMember" xlink:label="element2533" />
        <label xlink:type="resource" xlink:label="label2533" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxExemptBondsMember_en-US">Tax-Exempt Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2533" xlink:to="label2533" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxExemptBondsMember" xlink:label="element2534" />
        <label xlink:type="resource" xlink:label="label2534" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxExemptBondsMember_en-US">Tax Exempt Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2534" xlink:to="label2534" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxExemptBondsMember" xlink:label="element2535" />
        <label xlink:type="resource" xlink:label="label2535" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxExemptBondsMember_en-US">Tax-Exempt Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2535" xlink:to="label2535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="element2536" />
        <label xlink:type="resource" xlink:label="label2536" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ThirdPartyGuarantorsMember_en-US">Third Party Guarantors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2536" xlink:to="label2536" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="element2537" />
        <label xlink:type="resource" xlink:label="label2537" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ThirdPartyGuarantorsMember_en-US">Third Party Guarantors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2537" xlink:to="label2537" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="element2538" />
        <label xlink:type="resource" xlink:label="label2538" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ThirdPartyGuarantorsMember_en-US">3rd Party Guarantors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2538" xlink:to="label2538" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="element2539" />
        <label xlink:type="resource" xlink:label="label2539" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalGainsLossesIncludedInEarningsMember_en-US">Total Gains (Losses) Included in Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2539" xlink:to="label2539" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="element2540" />
        <label xlink:type="resource" xlink:label="label2540" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalGainsLossesIncludedInEarningsMember_en-US">Total Gains Losses Included In Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2540" xlink:to="label2540" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="element2541" />
        <label xlink:type="resource" xlink:label="label2541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalGainsLossesIncludedInEarningsMember_en-US">Total Gains (Losses) Included In Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2541" xlink:to="label2541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInsuranceMember" xlink:label="element2542" />
        <label xlink:type="resource" xlink:label="label2542" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalInsuranceMember_en-US">Total Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2542" xlink:to="label2542" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInsuranceMember" xlink:label="element2543" />
        <label xlink:type="resource" xlink:label="label2543" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalInsuranceMember_en-US">Total Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2543" xlink:to="label2543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInsuranceMember" xlink:label="element2544" />
        <label xlink:type="resource" xlink:label="label2544" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalInsuranceMember_en-US">Total Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2544" xlink:to="label2544" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInvestmentsMember" xlink:label="element2545" />
        <label xlink:type="resource" xlink:label="label2545" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalInvestmentsMember_en-US">Total Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2545" xlink:to="label2545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInvestmentsMember" xlink:label="element2546" />
        <label xlink:type="resource" xlink:label="label2546" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalInvestmentsMember_en-US">Total Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2546" xlink:to="label2546" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInvestmentsMember" xlink:label="element2547" />
        <label xlink:type="resource" xlink:label="label2547" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalInvestmentsMember_en-US">Total Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2547" xlink:to="label2547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="element2548" />
        <label xlink:type="resource" xlink:label="label2548" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersIntoAndOutOfLevelOne_en-US">Transfers of assets measured at fair value on a recurring basis into and out of level one during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2548" xlink:to="label2548" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="element2549" />
        <label xlink:type="resource" xlink:label="label2549" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersIntoAndOutOfLevelOne_en-US">Transfers Into And Out Of Level One</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2549" xlink:to="label2549" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="element2550" />
        <label xlink:type="resource" xlink:label="label2550" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersIntoAndOutOfLevelOne_en-US">Transfers into or out of Level 1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2550" xlink:to="label2550" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelThree" xlink:label="element2551" />
        <label xlink:type="resource" xlink:label="label2551" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersIntoLevelThree_en-US">Transfers of assets measured at fair value on a recurring basis into level three during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2551" xlink:to="label2551" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelThree" xlink:label="element2552" />
        <label xlink:type="resource" xlink:label="label2552" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersIntoLevelThree_en-US">Transfers Into Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2552" xlink:to="label2552" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelThree" xlink:label="element2553" />
        <label xlink:type="resource" xlink:label="label2553" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersIntoLevelThree_en-US">Transfers into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2553" xlink:to="label2553" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="element2554" />
        <label xlink:type="resource" xlink:label="label2554" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersIntoLevelTwo_en-US">Transfers of assets measured at fair value on a recurring basis into level two during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2554" xlink:to="label2554" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="element2555" />
        <label xlink:type="resource" xlink:label="label2555" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersIntoLevelTwo_en-US">Transfers Into Level Two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2555" xlink:to="label2555" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="element2556" />
        <label xlink:type="resource" xlink:label="label2556" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersIntoLevelTwo_en-US">Transfers into Level 2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2556" xlink:to="label2556" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="element2557" />
        <label xlink:type="resource" xlink:label="label2557" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersOutOfLevelThree_en-US">Transfers of assets measured at fair value on a recurring basis out of level three during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2557" xlink:to="label2557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="element2558" />
        <label xlink:type="resource" xlink:label="label2558" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersOutOfLevelThree_en-US">Transfers Out Of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2558" xlink:to="label2558" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="element2559" />
        <label xlink:type="resource" xlink:label="label2559" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersOutOfLevelThree_en-US">Transfers out of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2559" xlink:to="label2559" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="element2560" />
        <label xlink:type="resource" xlink:label="label2560" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersOutOfLevelTwo_en-US">Transfers of assets measured at fair value on a recurring basis out of level two during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2560" xlink:to="label2560" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="element2561" />
        <label xlink:type="resource" xlink:label="label2561" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersOutOfLevelTwo_en-US">Transfers Out Of Level Two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2561" xlink:to="label2561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="element2562" />
        <label xlink:type="resource" xlink:label="label2562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersOutOfLevelTwo_en-US">Transfers out of Level 2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2562" xlink:to="label2562" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="element2563" />
        <label xlink:type="resource" xlink:label="label2563" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_en-US">Distribution of securities where fair value is below market value by greater than 25% to 50%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2563" xlink:to="label2563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="element2564" />
        <label xlink:type="resource" xlink:label="label2564" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_en-US">Greater Than Twenty Five Percent To Fifty Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2564" xlink:to="label2564" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="element2565" />
        <label xlink:type="resource" xlink:label="label2565" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_en-US">&gt; 25% To 50% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2565" xlink:to="label2565" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="element2566" />
        <label xlink:type="resource" xlink:label="label2566" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TypeOfGuaranteeAxis_en-US">Type Of Guarantee [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2566" xlink:to="label2566" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="element2567" />
        <label xlink:type="resource" xlink:label="label2567" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TypeOfGuaranteeAxis_en-US">Type Of Guarantee [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2567" xlink:to="label2567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="element2568" />
        <label xlink:type="resource" xlink:label="label2568" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TypeOfGuaranteeAxis_en-US">Type Of Guarantee [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2568" xlink:to="label2568" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="element2569" />
        <label xlink:type="resource" xlink:label="label2569" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TypeOfGuaranteeDomain_en-US">Type Of Guarantee [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2569" xlink:to="label2569" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="element2570" />
        <label xlink:type="resource" xlink:label="label2570" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TypeOfGuaranteeDomain_en-US">Type Of Guarantee [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2570" xlink:to="label2570" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="element2571" />
        <label xlink:type="resource" xlink:label="label2571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TypeOfGuaranteeDomain_en-US">Type Of Guarantee [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2571" xlink:to="label2571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="element2572" />
        <label xlink:type="resource" xlink:label="label2572" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnobservableInputAxis_en-US">Unobservable Input [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2572" xlink:to="label2572" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="element2573" />
        <label xlink:type="resource" xlink:label="label2573" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnobservableInputAxis_en-US">Unobservable Input [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2573" xlink:to="label2573" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="element2574" />
        <label xlink:type="resource" xlink:label="label2574" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnobservableInputAxis_en-US">Unobservable Input [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2574" xlink:to="label2574" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="element2575" />
        <label xlink:type="resource" xlink:label="label2575" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnobservableInputDomain_en-US">Unobservable Input [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2575" xlink:to="label2575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="element2576" />
        <label xlink:type="resource" xlink:label="label2576" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnobservableInputDomain_en-US">Unobservable Input [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2576" xlink:to="label2576" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="element2577" />
        <label xlink:type="resource" xlink:label="label2577" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnobservableInputDomain_en-US">Unobservable Input [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2577" xlink:to="label2577" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="element2578" />
        <label xlink:type="resource" xlink:label="label2578" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RecoveriesOnUnpaidLossesMember_en-US">Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2578" xlink:to="label2578" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="element2579" />
        <label xlink:type="resource" xlink:label="label2579" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RecoveriesOnUnpaidLossesMember_en-US">Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2579" xlink:to="label2579" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="element2580" />
        <label xlink:type="resource" xlink:label="label2580" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RecoveriesOnUnpaidLossesMember_en-US">Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2580" xlink:to="label2580" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="element2581" />
        <label xlink:type="resource" xlink:label="label2581" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnrealizableDeferredTaxAssets_en-US">Unrealizable Deferred Tax Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2581" xlink:to="label2581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="element2582" />
        <label xlink:type="resource" xlink:label="label2582" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnrealizableDeferredTaxAssets_en-US">Unrealizable Deferred Tax Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2582" xlink:to="label2582" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="element2583" />
        <label xlink:type="resource" xlink:label="label2583" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnrealizableDeferredTaxAssets_en-US">Total deferred tax assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2583" xlink:to="label2583" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="element2584" />
        <label xlink:type="resource" xlink:label="label2584" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_en-US">Unrealized Gains Losses on Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2584" xlink:to="label2584" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="element2585" />
        <label xlink:type="resource" xlink:label="label2585" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_en-US">Unrealized Gains Losses On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2585" xlink:to="label2585" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="element2586" />
        <label xlink:type="resource" xlink:label="label2586" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_en-US">Unrealized Gains (Losses) On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2586" xlink:to="label2586" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="element2587" />
        <label xlink:type="resource" xlink:label="label2587" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_en-US">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2587" xlink:to="label2587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="element2588" />
        <label xlink:type="resource" xlink:label="label2588" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_en-US">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2588" xlink:to="label2588" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="element2589" />
        <label xlink:type="resource" xlink:label="label2589" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_en-US">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2589" xlink:to="label2589" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="element2590" />
        <label xlink:type="resource" xlink:label="label2590" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_USPublicFinanceInsuranceMember_en-US">U.S. Public Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2590" xlink:to="label2590" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="element2591" />
        <label xlink:type="resource" xlink:label="label2591" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_USPublicFinanceInsuranceMember_en-US">U S Public Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2591" xlink:to="label2591" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="element2592" />
        <label xlink:type="resource" xlink:label="label2592" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_USPublicFinanceInsuranceMember_en-US">U.S. Public Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2592" xlink:to="label2592" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="element2593" />
        <label xlink:type="resource" xlink:label="label2593" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_en-US">Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2593" xlink:to="label2593" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="element2594" />
        <label xlink:type="resource" xlink:label="label2594" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_en-US">Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2594" xlink:to="label2594" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="element2595" />
        <label xlink:type="resource" xlink:label="label2595" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_en-US">Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2595" xlink:to="label2595" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="element2596" />
        <label xlink:type="resource" xlink:label="label2596" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_VariableInterestEntityNotesMember_en-US">Variable Interest Entity Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2596" xlink:to="label2596" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="element2597" />
        <label xlink:type="resource" xlink:label="label2597" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VariableInterestEntityNotesMember_en-US">Variable Interest Entity Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2597" xlink:to="label2597" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="element2598" />
        <label xlink:type="resource" xlink:label="label2598" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_VariableInterestEntityNotesMember_en-US">Variable Interest Entity Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2598" xlink:to="label2598" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" xlink:label="element2599" />
        <label xlink:type="resource" xlink:label="label2599" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_en-US">Weighted average current subordination levels represents current level of credit protection (subordination) for the securities, expressed as a percentage of total current underlying loan balance calculated by weighting the relevant assumption for each individual security by current outstanding notional of the security.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2599" xlink:to="label2599" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" xlink:label="element2600" />
        <label xlink:type="resource" xlink:label="label2600" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_en-US">Weighted Average Assumption For Measurement Of Current Subordination Levels</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2600" xlink:to="label2600" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" xlink:label="element2601" />
        <label xlink:type="resource" xlink:label="label2601" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_en-US">Current subordination levels, Weighted average</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2601" xlink:to="label2601" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" xlink:label="element2602" />
        <label xlink:type="resource" xlink:label="label2602" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_en-US">Weighted average expected size of losses represents future expected credit losses on impaired assets expressed as a percentage of total current outstanding balance calculated by weighting the relevant assumption for each individual security by current outstanding notional of the security.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2602" xlink:to="label2602" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" xlink:label="element2603" />
        <label xlink:type="resource" xlink:label="label2603" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_en-US">Weighted Average Assumption For Measurement Of Expected Size Of Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2603" xlink:to="label2603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" xlink:label="element2604" />
        <label xlink:type="resource" xlink:label="label2604" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_en-US">Expected size of losses, Weighted average</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2604" xlink:to="label2604" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" xlink:label="element2605" />
        <label xlink:type="resource" xlink:label="label2605" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_en-US">Weighted average prepayment speed represents high and low points of lifetime vectors of constant prepayment rates calculated by weighting the relevant assumption for each individual security by current outstanding notional of the security.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2605" xlink:to="label2605" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" xlink:label="element2606" />
        <label xlink:type="resource" xlink:label="label2606" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_en-US">Weighted Average Assumption For Measurement Of Prepayment Speed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2606" xlink:to="label2606" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" xlink:label="element2607" />
        <label xlink:type="resource" xlink:label="label2607" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_en-US">Prepayment speed (annual constant prepayment rate), Weighted average</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2607" xlink:to="label2607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="element2608" />
        <label xlink:type="resource" xlink:label="label2608" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_en-US">This element represents the weighted average contractual maturity period in years for securities in an unrealized loss position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2608" xlink:to="label2608" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="element2609" />
        <label xlink:type="resource" xlink:label="label2609" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_en-US">Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2609" xlink:to="label2609" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="element2610" />
        <label xlink:type="resource" xlink:label="label2610" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_en-US">Weighted average contractual maturity period in years for securities in an unrealized loss position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2610" xlink:to="label2610" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageLifeMember" xlink:label="element2611" />
        <label xlink:type="resource" xlink:label="label2611" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageLifeMember_en-US">Weighted Average Life [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2611" xlink:to="label2611" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageLifeMember" xlink:label="element2612" />
        <label xlink:type="resource" xlink:label="label2612" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageLifeMember_en-US">Weighted Average Life [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2612" xlink:to="label2612" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageLifeMember" xlink:label="element2613" />
        <label xlink:type="resource" xlink:label="label2613" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageLifeMember_en-US">Weighted Average Life [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2613" xlink:to="label2613" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="element2614" />
        <label xlink:type="resource" xlink:label="label2614" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_en-US">Weighted Average Remaining Maturity Credit Derivatives In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2614" xlink:to="label2614" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="element2615" />
        <label xlink:type="resource" xlink:label="label2615" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_en-US">Weighted Average Remaining Maturity Credit Derivatives In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2615" xlink:to="label2615" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="element2616" />
        <label xlink:type="resource" xlink:label="label2616" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_en-US">Weighted average remaining expected maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2616" xlink:to="label2616" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WrappedSecuritiesMember" xlink:label="element2617" />
        <label xlink:type="resource" xlink:label="label2617" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WrappedSecuritiesMember_en-US">Wrapped Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2617" xlink:to="label2617" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WrappedSecuritiesMember" xlink:label="element2618" />
        <label xlink:type="resource" xlink:label="label2618" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WrappedSecuritiesMember_en-US">Wrapped Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2618" xlink:to="label2618" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WrappedSecuritiesMember" xlink:label="element2619" />
        <label xlink:type="resource" xlink:label="label2619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WrappedSecuritiesMember_en-US">Wrapped Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2619" xlink:to="label2619" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="element2620" />
        <label xlink:type="resource" xlink:label="label2620" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementRangePercentage_en-US">Fair Value Measurement Range Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2620" xlink:to="label2620" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="element2621" />
        <label xlink:type="resource" xlink:label="label2621" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementRangePercentage_en-US">This element represents the fair value measurement range percentage of the Company's assets and liabilities measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2621" xlink:to="label2621" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="element2622" />
        <label xlink:type="resource" xlink:label="label2622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementRangePercentage_en-US">Range percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2622" xlink:to="label2622" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" xlink:label="element2623" />
        <label xlink:type="resource" xlink:label="label2623" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_en-US">Number Of Representative Cohorts In Commercial Real Estate Proprietary Model Based On Debt Service Coverage Ratio And Property Type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2623" xlink:to="label2623" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" xlink:label="element2624" />
        <label xlink:type="resource" xlink:label="label2624" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_en-US">This element represents number of representative cohortsi in commercial real estate proprietary model based on debt service coverage ratio and property type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2624" xlink:to="label2624" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" xlink:label="element2625" />
        <label xlink:type="resource" xlink:label="label2625" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_en-US">Number of representative cohorts in commercial real estate proprietary model based on debt service coverage ratio ("DSCR") and property type.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2625" xlink:to="label2625" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialRealEstateCollateralizedDebtObligationsMember" xlink:label="element2626" />
        <label xlink:type="resource" xlink:label="label2626" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_en-US">Commercial real estate collateralized debt obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2626" xlink:to="label2626" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialRealEstateCollateralizedDebtObligationsMember" xlink:label="element2627" />
        <label xlink:type="resource" xlink:label="label2627" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_en-US">Commercial Real Estate Collateralized Debt Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2627" xlink:to="label2627" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialRealEstateCollateralizedDebtObligationsMember" xlink:label="element2628" />
        <label xlink:type="resource" xlink:label="label2628" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_en-US">This element represents commercial real estate collateralized debt obligations.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2628" xlink:to="label2628" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances" xlink:label="element2629" />
        <label xlink:type="resource" xlink:label="label2629" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_en-US">Cmbs Severities Exceeded Complete Loss In Certain Instances</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2629" xlink:to="label2629" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances" xlink:label="element2630" />
        <label xlink:type="resource" xlink:label="label2630" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_en-US">Cmbs severities exceeded complete loss in certain instances</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2630" xlink:to="label2630" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances" xlink:label="element2631" />
        <label xlink:type="resource" xlink:label="label2631" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_en-US">This element represents Cmbs severities exceeded complete loss in certain instances.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2631" xlink:to="label2631" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" xlink:label="element2632" />
        <label xlink:type="resource" xlink:label="label2632" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_en-US">Losses And Loss Adjustment Expense Payments Net Of Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2632" xlink:to="label2632" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" xlink:label="element2633" />
        <label xlink:type="resource" xlink:label="label2633" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_en-US">This element represents losses and loss adjustments expense payments net of reinsurance.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2633" xlink:to="label2633" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" xlink:label="element2634" />
        <label xlink:type="resource" xlink:label="label2634" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_en-US">Losses and loss adjustment expense payments, net of reinsurance and collections</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2634" xlink:to="label2634" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="element2635" />
        <label xlink:type="resource" xlink:label="label2635" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherDerivativeLiabilitiesMember_en-US">Other Derivative Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2635" xlink:to="label2635" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="element2636" />
        <label xlink:type="resource" xlink:label="label2636" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherDerivativeLiabilitiesMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2636" xlink:to="label2636" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="element2637" />
        <label xlink:type="resource" xlink:label="label2637" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherDerivativeLiabilitiesMember_en-US">This category, Other Derivative Liabilities, represents the Derivative Liabilities that do not belong under MultiSector CDOs or CMBS.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2637" xlink:to="label2637" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanBalanceReviewThreshold" xlink:label="element2638" />
        <label xlink:type="resource" xlink:label="label2638" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanBalanceReviewThreshold_en-US">Loan Balance Review Threshold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2638" xlink:to="label2638" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanBalanceReviewThreshold" xlink:label="element2639" />
        <label xlink:type="resource" xlink:label="label2639" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanBalanceReviewThreshold_en-US">This element represents any loan threshhold with a debt service coverage ratio (DSCR) less than 1.0x .</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2639" xlink:to="label2639" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanBalanceReviewThreshold" xlink:label="element2640" />
        <label xlink:type="resource" xlink:label="label2640" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanBalanceReviewThreshold_en-US">Loan balance greater than with debt service coverage ratio</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2640" xlink:to="label2640" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="element2641" />
        <label xlink:type="resource" xlink:label="label2641" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommutedExposureAxis_en-US">Commuted Exposure [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2641" xlink:to="label2641" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="element2642" />
        <label xlink:type="resource" xlink:label="label2642" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommutedExposureAxis_en-US">Exposure commuted during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2642" xlink:to="label2642" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="element2643" />
        <label xlink:type="resource" xlink:label="label2643" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommutedExposureDomain_en-US">Commuted Exposure [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2643" xlink:to="label2643" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="element2644" />
        <label xlink:type="resource" xlink:label="label2644" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommutedExposureDomain_en-US">Exposure commuted during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2644" xlink:to="label2644" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalCommutedExposureMember" xlink:label="element2645" />
        <label xlink:type="resource" xlink:label="label2645" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalCommutedExposureMember_en-US">Total Commuted Exposure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2645" xlink:to="label2645" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalCommutedExposureMember" xlink:label="element2646" />
        <label xlink:type="resource" xlink:label="label2646" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalCommutedExposureMember_en-US">This element represents the total exposure commuted during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2646" xlink:to="label2646" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalCommutedExposureMember" xlink:label="element2647" />
        <label xlink:type="resource" xlink:label="label2647" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalCommutedExposureMember_en-US">Total commuted exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2647" xlink:to="label2647" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="element2648" />
        <label xlink:type="resource" xlink:label="label2648" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PreviouslyReportedCommutedExposureMember_en-US">Previously Reported Commuted Exposure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2648" xlink:to="label2648" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="element2649" />
        <label xlink:type="resource" xlink:label="label2649" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PreviouslyReportedCommutedExposureMember_en-US">This element represents the exposure commuted that has been previously reported in a SEC filing.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2649" xlink:to="label2649" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="element2650" />
        <label xlink:type="resource" xlink:label="label2650" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PreviouslyReportedCommutedExposureMember_en-US">Previously reported commuted exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2650" xlink:to="label2650" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="element2651" />
        <label xlink:type="resource" xlink:label="label2651" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CashCollateralToDerivativeCounterpartiesTable_en-US">Cash Collateral to Derivative Counterparties [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2651" xlink:to="label2651" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="element2652" />
        <label xlink:type="resource" xlink:label="label2652" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CashCollateralToDerivativeCounterpartiesTable_en-US">Cash collateral to derivative counterparties [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2652" xlink:to="label2652" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="element2653" />
        <label xlink:type="resource" xlink:label="label2653" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_en-US">Effective Income Tax Rate Reconciliation Increase Reduction In Tax Rates [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2653" xlink:to="label2653" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="element2654" />
        <label xlink:type="resource" xlink:label="label2654" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_en-US">Increase (reduction) in taxes resulting from: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2654" xlink:to="label2654" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="element2655" />
        <label xlink:type="resource" xlink:label="label2655" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_en-US">Effective Income Tax Rate Reconciliation Mark To Market On Warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2655" xlink:to="label2655" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="element2656" />
        <label xlink:type="resource" xlink:label="label2656" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_en-US">This element represents the difference between the federal statutory and effective tax rate attributable to the mark-to-market on warrants.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2656" xlink:to="label2656" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="element2657" />
        <label xlink:type="resource" xlink:label="label2657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_en-US">Mark-to-market on warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2657" xlink:to="label2657" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="element2658" />
        <label xlink:type="resource" xlink:label="label2658" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_en-US">Effective Income TaxRate Reconciliation Uncertain Tax Positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2658" xlink:to="label2658" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="element2659" />
        <label xlink:type="resource" xlink:label="label2659" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_en-US">This element represents the difference between the federal statutory and effective tax rate attributable to uncertain tax positions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2659" xlink:to="label2659" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="element2660" />
        <label xlink:type="resource" xlink:label="label2660" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_en-US">Change in uncertain tax positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2660" xlink:to="label2660" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="element2661" />
        <label xlink:type="resource" xlink:label="label2661" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_en-US">Effective Income Tax Rate Reconciliation Deferred Tax Inventory Adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2661" xlink:to="label2661" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="element2662" />
        <label xlink:type="resource" xlink:label="label2662" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_en-US">This element represents the difference between the federal statutory and effective tax rate attributable to the deferred tax inventory adjustment.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2662" xlink:to="label2662" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="element2663" />
        <label xlink:type="resource" xlink:label="label2663" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_en-US">Tax return and deferred inventory adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2663" xlink:to="label2663" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="element2664" />
        <label xlink:type="resource" xlink:label="label2664" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_en-US">Deferred Tax Liabilities Unearned Premium Revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2664" xlink:to="label2664" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="element2665" />
        <label xlink:type="resource" xlink:label="label2665" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_en-US">Amount before allocation of valuation allowances of deferred tax liability attributable to deductible temporary differences from the unearned premiums reserve.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2665" xlink:to="label2665" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="element2666" />
        <label xlink:type="resource" xlink:label="label2666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_en-US">Unearned premium reserve</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2666" xlink:to="label2666" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="element2667" />
        <label xlink:type="resource" xlink:label="label2667" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesLossReserves_en-US">Deferred Tax Liabilities Loss Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2667" xlink:to="label2667" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="element2668" />
        <label xlink:type="resource" xlink:label="label2668" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesLossReserves_en-US">Amount before allocation of valuation allowances of deferred tax liability attributable to deductible temporary differences from loss reserves other than estimated credit losses.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2668" xlink:to="label2668" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="element2669" />
        <label xlink:type="resource" xlink:label="label2669" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesLossReserves_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2669" xlink:to="label2669" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="element2670" />
        <label xlink:type="resource" xlink:label="label2670" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_en-US">Deferred Tax Liabilities Deferral Of Cod Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2670" xlink:to="label2670" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="element2671" />
        <label xlink:type="resource" xlink:label="label2671" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_en-US">This element represents the deferred tax liabilities on the cancellation of indebtedness income.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2671" xlink:to="label2671" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="element2672" />
        <label xlink:type="resource" xlink:label="label2672" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_en-US">Deferral of cancellation of indebtedness income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2672" xlink:to="label2672" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="element2673" />
        <label xlink:type="resource" xlink:label="label2673" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_en-US">Deferred Tax Assets Nols And Tax Credit Carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2673" xlink:to="label2673" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="element2674" />
        <label xlink:type="resource" xlink:label="label2674" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_en-US">This elements represents deferred tax assets on net operating loss and tax credit carryforwards.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2674" xlink:to="label2674" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="element2675" />
        <label xlink:type="resource" xlink:label="label2675" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_en-US">Net operating loss and tax credit carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2675" xlink:to="label2675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="element2676" />
        <label xlink:type="resource" xlink:label="label2676" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_en-US">Deferred Tax Assets Capital Loss Carryforwards And Other Than Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2676" xlink:to="label2676" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="element2677" />
        <label xlink:type="resource" xlink:label="label2677" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_en-US">This element represents deferred tax assets on capital loss carryforwards and other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2677" xlink:to="label2677" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="element2678" />
        <label xlink:type="resource" xlink:label="label2678" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_en-US">Capital loss carryforward and other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2678" xlink:to="label2678" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="element2679" />
        <label xlink:type="resource" xlink:label="label2679" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsInsuredDerivatives_en-US">Deferred Tax Assets Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2679" xlink:to="label2679" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="element2680" />
        <label xlink:type="resource" xlink:label="label2680" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsInsuredDerivatives_en-US">This element represents the dererred tax assets on insured derivatives.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2680" xlink:to="label2680" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="element2681" />
        <label xlink:type="resource" xlink:label="label2681" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsInsuredDerivatives_en-US">Net unrealized losses on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2681" xlink:to="label2681" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="element2682" />
        <label xlink:type="resource" xlink:label="label2682" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsVariableInterestEntities_en-US">Deferred Tax Assets Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2682" xlink:to="label2682" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="element2683" />
        <label xlink:type="resource" xlink:label="label2683" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsVariableInterestEntities_en-US">This element represents the deferred tax assets related to variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2683" xlink:to="label2683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="element2684" />
        <label xlink:type="resource" xlink:label="label2684" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsVariableInterestEntities_en-US">Net deferred taxes on VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2684" xlink:to="label2684" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="element2685" />
        <label xlink:type="resource" xlink:label="label2685" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_en-US">Estimated Tax Liability On Undistributed Earnings Of Foreign Subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2685" xlink:to="label2685" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="element2686" />
        <label xlink:type="resource" xlink:label="label2686" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_en-US">This element represents the estimated tax on the undistributed earnings of foreign subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2686" xlink:to="label2686" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="element2687" />
        <label xlink:type="resource" xlink:label="label2687" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_en-US">Estimated tax liability on undistributed earnings of foreign subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2687" xlink:to="label2687" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="element2688" />
        <label xlink:type="resource" xlink:label="label2688" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeBeforeIncomeTaxesTable_en-US">Income Before Income Taxes [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2688" xlink:to="label2688" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="element2689" />
        <label xlink:type="resource" xlink:label="label2689" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeBeforeIncomeTaxesAxis_en-US">Income Before Income Taxes [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2689" xlink:to="label2689" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DomesticMember" xlink:label="element2690" />
        <label xlink:type="resource" xlink:label="label2690" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DomesticMember_en-US">Domestic [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2690" xlink:to="label2690" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignMember" xlink:label="element2691" />
        <label xlink:type="resource" xlink:label="label2691" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ForeignMember_en-US">Foreign [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2691" xlink:to="label2691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AntidilutiveSharesAbstract" xlink:label="element2692" />
        <label xlink:type="resource" xlink:label="label2692" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AntidilutiveSharesAbstract_en-US">Antidilutive Shares [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2692" xlink:to="label2692" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="element2693" />
        <label xlink:type="resource" xlink:label="label2693" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RangeDomain_en-US">Range [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2693" xlink:to="label2693" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="element2694" />
        <label xlink:type="resource" xlink:label="label2694" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_en-US">Schedule Of Abs Mbs And Corporate Obligations Guaranteed By Financial Guarantors [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2694" xlink:to="label2694" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="element2695" />
        <label xlink:type="resource" xlink:label="label2695" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_en-US">For all ABS, MBS and corporate obligations that are guaranteed by financial guarantors, a tabular disclosure presenting the average credit rating with and without the effect of the financial guarantee and the fair value and percentage of securities by asset class that are rated below investment grade without the benefit of the financial guarantee.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2695" xlink:to="label2695" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="element2696" />
        <label xlink:type="resource" xlink:label="label2696" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_en-US">Average Credit Ratings and Fair Value and Percentage Of Guaranteed ABS MBS and Corporate Obligations Below Investment Grade</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2696" xlink:to="label2696" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="element2697" />
        <label xlink:type="resource" xlink:label="label2697" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_en-US">Available For Sale Securities And Held To Maturity Securities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2697" xlink:to="label2697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="element2698" />
        <label xlink:type="resource" xlink:label="label2698" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_en-US">Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2698" xlink:to="label2698" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element2699" />
        <label xlink:type="resource" xlink:label="label2699" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Held To Maturity Cumulative Other Than Temporary Impairment Of Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2699" xlink:to="label2699" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element2700" />
        <label xlink:type="resource" xlink:label="label2700" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Other-Than-Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2700" xlink:to="label2700" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element2701" />
        <label xlink:type="resource" xlink:label="label2701" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2701" xlink:to="label2701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="element2702" />
        <label xlink:type="resource" xlink:label="label2702" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_en-US">Available For Sale Securities And Held To Maturity Securities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2702" xlink:to="label2702" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract" xlink:label="element2703" />
        <label xlink:type="resource" xlink:label="label2703" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract_en-US">Disclosure Securities Rated Below Investment Grade Without Effect Of Financial Guarantee [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2703" xlink:to="label2703" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="element2704" />
        <label xlink:type="resource" xlink:label="label2704" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpAndNationalMember_en-US">Mbia Corp And National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2704" xlink:to="label2704" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="element2705" />
        <label xlink:type="resource" xlink:label="label2705" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpAndNationalMember_en-US">Mbia Corp And National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2705" xlink:to="label2705" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherInsurersMember" xlink:label="element2706" />
        <label xlink:type="resource" xlink:label="label2706" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherInsurersMember_en-US">Other Insurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2706" xlink:to="label2706" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherInsurersMember" xlink:label="element2707" />
        <label xlink:type="resource" xlink:label="label2707" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherInsurersMember_en-US">Other Insurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2707" xlink:to="label2707" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" xlink:label="element2708" />
        <label xlink:type="resource" xlink:label="label2708" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_en-US">Additions For Credit Loss Impairments Recognized in Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2708" xlink:to="label2708" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" xlink:label="element2709" />
        <label xlink:type="resource" xlink:label="label2709" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_en-US">Additions For Credit Loss Impairments Recognized in Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2709" xlink:to="label2709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="element2710" />
        <label xlink:type="resource" xlink:label="label2710" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_en-US">Controlling Financial Interest Evidence By Voting Interest Greater Than Certain Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2710" xlink:to="label2710" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="element2711" />
        <label xlink:type="resource" xlink:label="label2711" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_en-US">Represents the percentage under which the Company does not have a controlling financial interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2711" xlink:to="label2711" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="element2712" />
        <label xlink:type="resource" xlink:label="label2712" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_en-US">Controlling Financial Interest In Or Exert Significant Influence Over An Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2712" xlink:to="label2712" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="element2713" />
        <label xlink:type="resource" xlink:label="label2713" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccountingPolicyLineItems_en-US">Accounting Policy [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2713" xlink:to="label2713" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="element2714" />
        <label xlink:type="resource" xlink:label="label2714" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_en-US">Percentage Of Qualified Financial Guarantee Contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2714" xlink:to="label2714" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="element2715" />
        <label xlink:type="resource" xlink:label="label2715" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_en-US">Represents the precentage of financial guarantee contracts that qualify for the financial guarantee scope exception.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2715" xlink:to="label2715" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="element2716" />
        <label xlink:type="resource" xlink:label="label2716" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfVariableInterestEntitiesConsolidated_en-US">Number of variable interest entities consolidated</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2716" xlink:to="label2716" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="element2717" />
        <label xlink:type="resource" xlink:label="label2717" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfVariableInterestEntitiesConsolidated_en-US">Represents the number of VIEs consolidated during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2717" xlink:to="label2717" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="element2718" />
        <label xlink:type="resource" xlink:label="label2718" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_en-US">Increase Decrease In Other Net Realized Gains Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2718" xlink:to="label2718" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="element2719" />
        <label xlink:type="resource" xlink:label="label2719" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_en-US">Increase decrease in other net Realized Gains Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2719" xlink:to="label2719" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="element2720" />
        <label xlink:type="resource" xlink:label="label2720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_en-US">Other net realized (gains) losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2720" xlink:to="label2720" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="element2721" />
        <label xlink:type="resource" xlink:label="label2721" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_en-US">First Lien Residential Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2721" xlink:to="label2721" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="element2722" />
        <label xlink:type="resource" xlink:label="label2722" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_en-US">First Lien Residential Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2722" xlink:to="label2722" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="element2723" />
        <label xlink:type="resource" xlink:label="label2723" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_en-US">First-Lien RMBS [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2723" xlink:to="label2723" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="element2724" />
        <label xlink:type="resource" xlink:label="label2724" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsolidatedVariableInterestEntitiesTax_en-US">Consolidated Variable Interest Entities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2724" xlink:to="label2724" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="element2725" />
        <label xlink:type="resource" xlink:label="label2725" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsolidatedVariableInterestEntitiesTax_en-US">Consolidated variable interest entities, tax.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2725" xlink:to="label2725" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="element2726" />
        <label xlink:type="resource" xlink:label="label2726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsolidatedVariableInterestEntitiesTax_en-US">Consolidated variable interest entities, net of tax of $23</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2726" xlink:to="label2726" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="element2727" />
        <label xlink:type="resource" xlink:label="label2727" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeconsolidatedVariableInterestEntitiesTax_en-US">Deconsolidated Variable Interest Entities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2727" xlink:to="label2727" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="element2728" />
        <label xlink:type="resource" xlink:label="label2728" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeconsolidatedVariableInterestEntitiesTax_en-US">Deconsolidated variable interest entities, tax.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2728" xlink:to="label2728" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="element2729" />
        <label xlink:type="resource" xlink:label="label2729" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeconsolidatedVariableInterestEntitiesTax_en-US">Deconsolidated variable interest entities, net of tax of $2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2729" xlink:to="label2729" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AbsMbsCorporateObligationsMember" xlink:label="element2730" />
        <label xlink:type="resource" xlink:label="label2730" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AbsMbsCorporateObligationsMember_en-US">Abs Mbs Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2730" xlink:to="label2730" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AbsMbsCorporateObligationsMember" xlink:label="element2731" />
        <label xlink:type="resource" xlink:label="label2731" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AbsMbsCorporateObligationsMember_en-US">Total ABS, MBS and Corporate Obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2731" xlink:to="label2731" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AbsMbsCorporateObligationsMember" xlink:label="element2732" />
        <label xlink:type="resource" xlink:label="label2732" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AbsMbsCorporateObligationsMember_en-US">Total ABS MBS and Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2732" xlink:to="label2732" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="element2733" />
        <label xlink:type="resource" xlink:label="label2733" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateOnSurplusNotes_en-US">Interest Rate On Surplus Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2733" xlink:to="label2733" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="element2734" />
        <label xlink:type="resource" xlink:label="label2734" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateOnSurplusNotes_en-US">This element represents the interest rate on the Surplus Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2734" xlink:to="label2734" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="element2735" />
        <label xlink:type="resource" xlink:label="label2735" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateOnSurplusNotes_en-US">Interest rate on surplus notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2735" xlink:to="label2735" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="element2736" />
        <label xlink:type="resource" xlink:label="label2736" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_en-US">Derivative Asset Counterparty Netting Amount Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2736" xlink:to="label2736" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="element2737" />
        <label xlink:type="resource" xlink:label="label2737" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_en-US">Derivative Asset Counterparty Netting Amount Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2737" xlink:to="label2737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="element2738" />
        <label xlink:type="resource" xlink:label="label2738" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_en-US">Amount of counterparty netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2738" xlink:to="label2738" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilityCounterpartyNetting" xlink:label="element2739" />
        <label xlink:type="resource" xlink:label="label2739" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilityCounterpartyNetting_en-US">Derivative Liability Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2739" xlink:to="label2739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilityCounterpartyNetting" xlink:label="element2740" />
        <label xlink:type="resource" xlink:label="label2740" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilityCounterpartyNetting_en-US">Derivative Liability Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2740" xlink:to="label2740" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilityCounterpartyNetting" xlink:label="element2741" />
        <label xlink:type="resource" xlink:label="label2741" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeLiabilityCounterpartyNetting_en-US">Counterparty netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2741" xlink:to="label2741" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="element2742" />
        <label xlink:type="resource" xlink:label="label2742" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MediumTermNotesAndOtherInvestmentsMember_en-US">Medium Term Notes And Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2742" xlink:to="label2742" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="element2743" />
        <label xlink:type="resource" xlink:label="label2743" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MediumTermNotesAndOtherInvestmentsMember_en-US">Medium Term Notes And Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2743" xlink:to="label2743" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember" xlink:label="element2744" />
        <label xlink:type="resource" xlink:label="label2744" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember_en-US">December Two Thousand Twelve To May Two Thousand Thirteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2744" xlink:to="label2744" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember" xlink:label="element2745" />
        <label xlink:type="resource" xlink:label="label2745" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember_en-US">December Two Thousand Twelve To May Two Thousand Thirteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2745" xlink:to="label2745" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="element2746" />
        <label xlink:type="resource" xlink:label="label2746" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_en-US">March Thirty One Two Thousand Thirteen To June Thirty Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2746" xlink:to="label2746" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="element2747" />
        <label xlink:type="resource" xlink:label="label2747" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_en-US">March Thirty One Two Thousand Thirteen To June Thirty Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2747" xlink:to="label2747" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" xlink:label="element2748" />
        <label xlink:type="resource" xlink:label="label2748" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_en-US">Assured Guaranty Favorable Ruling On Breach Of Mortgage Representations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2748" xlink:to="label2748" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" xlink:label="element2749" />
        <label xlink:type="resource" xlink:label="label2749" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_en-US">Assured Guaranty Favorable Ruling On Breach Of Mortgage Representations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2749" xlink:to="label2749" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" xlink:label="element2750" />
        <label xlink:type="resource" xlink:label="label2750" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_en-US">Assured Guaranty favorable ruling on breach of mortgage representations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2750" xlink:to="label2750" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RateReductionMember" xlink:label="element2751" />
        <label xlink:type="resource" xlink:label="label2751" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RateReductionMember_en-US">Rate Reduction [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2751" xlink:to="label2751" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RateReductionMember" xlink:label="element2752" />
        <label xlink:type="resource" xlink:label="label2752" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RateReductionMember_en-US">Rate Reduction Member [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2752" xlink:to="label2752" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRmbsIneligibleMortgageLoansMember" xlink:label="element2753" />
        <label xlink:type="resource" xlink:label="label2753" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecondLienRmbsIneligibleMortgageLoansMember_en-US">Second-Lien RMBS Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2753" xlink:to="label2753" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRmbsIneligibleMortgageLoansMember" xlink:label="element2754" />
        <label xlink:type="resource" xlink:label="label2754" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecondLienRmbsIneligibleMortgageLoansMember_en-US">Second-Lien RMBS Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2754" xlink:to="label2754" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaSettlementWithFannieMaeMember" xlink:label="element2755" />
        <label xlink:type="resource" xlink:label="label2755" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BankOfAmericaSettlementWithFannieMaeMember_en-US">Bank Of America Settlement With Fannie Mae [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2755" xlink:to="label2755" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaSettlementWithFannieMaeMember" xlink:label="element2756" />
        <label xlink:type="resource" xlink:label="label2756" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BankOfAmericaSettlementWithFannieMaeMember_en-US">Bank Of America Settlement With Fannie Mae [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2756" xlink:to="label2756" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2757" />
        <label xlink:type="resource" xlink:label="label2757" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change In Unrealized Gain Loss On Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2757" xlink:to="label2757" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2758" />
        <label xlink:type="resource" xlink:label="label2758" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change in unrealizedGainLossOnInvestments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2758" xlink:to="label2758" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2759" />
        <label xlink:type="resource" xlink:label="label2759" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change in unrealized gains and losses on investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2759" xlink:to="label2759" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2760" />
        <label xlink:type="resource" xlink:label="label2760" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change in unrealized gains and losses on AFS securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2760" xlink:to="label2760" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateClaimAmount" xlink:label="element2761" />
        <label xlink:type="resource" xlink:label="label2761" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateClaimAmount_en-US">Thus element represents the aggregate amounts of claim paid to date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2761" xlink:to="label2761" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateClaimAmount" xlink:label="element2762" />
        <label xlink:type="resource" xlink:label="label2762" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateClaimAmount_en-US">Aggregate Claim Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2762" xlink:to="label2762" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateClaimAmount" xlink:label="element2763" />
        <label xlink:type="resource" xlink:label="label2763" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateClaimAmount_en-US">Aggregate claim amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2763" xlink:to="label2763" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="element2764" />
        <label xlink:type="resource" xlink:label="label2764" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_en-US">Increase Decrease In Accumulated Other Comprehensive Income Loss Balances Net Of Tax Effects</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2764" xlink:to="label2764" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="element2765" />
        <label xlink:type="resource" xlink:label="label2765" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_en-US">Increase Decrease In Accumulated Other Comprehensive Income Loss Balances Net Of Tax Effects</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2765" xlink:to="label2765" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="element2766" />
        <label xlink:type="resource" xlink:label="label2766" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_en-US">Decrease accumulated other comprehensive income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2766" xlink:to="label2766" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="element2767" />
        <label xlink:type="resource" xlink:label="label2767" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInNetIncomeLoss_en-US">Increase Decrease In Net Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2767" xlink:to="label2767" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="element2768" />
        <label xlink:type="resource" xlink:label="label2768" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInNetIncomeLoss_en-US">Increase Decrease In Net Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2768" xlink:to="label2768" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="element2769" />
        <label xlink:type="resource" xlink:label="label2769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInNetIncomeLoss_en-US">Increase in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2769" xlink:to="label2769" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="element2770" />
        <label xlink:type="resource" xlink:label="label2770" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsOtherInvestmentsMember_en-US">Derivative Assets Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2770" xlink:to="label2770" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="element2771" />
        <label xlink:type="resource" xlink:label="label2771" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsOtherInvestmentsMember_en-US">Derivative Assets Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2771" xlink:to="label2771" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="element2772" />
        <label xlink:type="resource" xlink:label="label2772" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_en-US">Release From Tax Sharing Agreement Escrow Account</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2772" xlink:to="label2772" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="element2773" />
        <label xlink:type="resource" xlink:label="label2773" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_en-US">This element represents the amount released from the escrow account related to the tax sharing agreement during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2773" xlink:to="label2773" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="element2774" />
        <label xlink:type="resource" xlink:label="label2774" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_en-US">Amount released from tax escrow account</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2774" xlink:to="label2774" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember" xlink:label="element2775" />
        <label xlink:type="resource" xlink:label="label2775" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember_en-US">March Two Thousand Thirteen To August Two Thousand Thirteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2775" xlink:to="label2775" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember" xlink:label="element2776" />
        <label xlink:type="resource" xlink:label="label2776" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember_en-US">March Two Thousand Thirteen To August Two Thousand Thirteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2776" xlink:to="label2776" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="element2777" />
        <label xlink:type="resource" xlink:label="label2777" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_en-US">September Thirty Two Thousand Thirteen To June Thirty Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2777" xlink:to="label2777" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="element2778" />
        <label xlink:type="resource" xlink:label="label2778" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_en-US">September Thirty Two Thousand Thirteen To June Thirty Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2778" xlink:to="label2778" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="element2779" />
        <label xlink:type="resource" xlink:label="label2779" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfVariableInterestEntitiesDeconsolidated_en-US">Number of variable interest entities deconsolidated</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2779" xlink:to="label2779" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="element2780" />
        <label xlink:type="resource" xlink:label="label2780" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfVariableInterestEntitiesDeconsolidated_en-US">Represents the number of VIEs deconsolidated during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2780" xlink:to="label2780" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialIntermediaryMember" xlink:label="element2781" />
        <label xlink:type="resource" xlink:label="label2781" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialIntermediaryMember_en-US">Financial Intermediary [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2781" xlink:to="label2781" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialIntermediaryMember" xlink:label="element2782" />
        <label xlink:type="resource" xlink:label="label2782" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialIntermediaryMember_en-US">VIE that issues notes for the purpose of funding loans to the UK social housing sector.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2782" xlink:to="label2782" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherMember" xlink:label="element2783" />
        <label xlink:type="resource" xlink:label="label2783" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherMember_en-US">All Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2783" xlink:to="label2783" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherMember" xlink:label="element2784" />
        <label xlink:type="resource" xlink:label="label2784" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherMember_en-US">All other derivative instruments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2784" xlink:to="label2784" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="element2785" />
        <label xlink:type="resource" xlink:label="label2785" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_en-US">Investments Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than Five Percent [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2785" xlink:to="label2785" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="element2786" />
        <label xlink:type="resource" xlink:label="label2786" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_en-US">Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2786" xlink:to="label2786" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="element2787" />
        <label xlink:type="resource" xlink:label="label2787" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_en-US">Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2787" xlink:to="label2787" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="element2788" />
        <label xlink:type="resource" xlink:label="label2788" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PerpetualDebtAndEquitySecuritiesMember_en-US">Perpetual Debt And Equity Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2788" xlink:to="label2788" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="element2789" />
        <label xlink:type="resource" xlink:label="label2789" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PerpetualDebtAndEquitySecuritiesMember_en-US">Investments in perpetual debt and other equity securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2789" xlink:to="label2789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNonPrimaryBeneficiaryMember" xlink:label="element2790" />
        <label xlink:type="resource" xlink:label="label2790" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VariableInterestEntityNonPrimaryBeneficiaryMember_en-US">Variable Interest Entity Non Primary Beneficiary [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2790" xlink:to="label2790" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="element2791" />
        <label xlink:type="resource" xlink:label="label2791" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfOtherLawsuits_en-US">Number Of Other Lawsuits</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2791" xlink:to="label2791" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="element2792" />
        <label xlink:type="resource" xlink:label="label2792" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfOtherLawsuits_en-US">Other material lawsuits pending</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2792" xlink:to="label2792" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="element2793" />
        <label xlink:type="resource" xlink:label="label2793" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfOtherLawsuits_en-US">Other material lawsuits pending</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2793" xlink:to="label2793" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="element2794" />
        <label xlink:type="resource" xlink:label="label2794" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInAbstract_en-US">Change in: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2794" xlink:to="label2794" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="element2795" />
        <label xlink:type="resource" xlink:label="label2795" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFairValueBelowBookValueMaximum_en-US">Percentage Of Fair Value Below Book Value Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2795" xlink:to="label2795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="element2796" />
        <label xlink:type="resource" xlink:label="label2796" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFairValueBelowBookValueMaximum_en-US">Percentage Of Fair Value Below Book Value Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2796" xlink:to="label2796" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="element2797" />
        <label xlink:type="resource" xlink:label="label2797" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFairValueBelowBookValueMinimum_en-US">Percentage Of Fair Value Below Book Value Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2797" xlink:to="label2797" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="element2798" />
        <label xlink:type="resource" xlink:label="label2798" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFairValueBelowBookValueMinimum_en-US">Percentage Of Fair Value Below Book Value Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2798" xlink:to="label2798" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="element2799" />
        <label xlink:type="resource" xlink:label="label2799" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_en-US">Fair Value Below Book Value By More Than Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2799" xlink:to="label2799" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="element2800" />
        <label xlink:type="resource" xlink:label="label2800" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_en-US">Fair Value Below Book Value By More Than Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2800" xlink:to="label2800" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaMember" xlink:label="element2801" />
        <label xlink:type="resource" xlink:label="label2801" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BankOfAmericaMember_en-US">Bank Of America [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2801" xlink:to="label2801" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaMember" xlink:label="element2802" />
        <label xlink:type="resource" xlink:label="label2802" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BankOfAmericaMember_en-US">Bank of America</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2802" xlink:to="label2802" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsVIEMember" xlink:label="element2803" />
        <label xlink:type="resource" xlink:label="label2803" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAssetsVIEMember_en-US">Other Assets V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2803" xlink:to="label2803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsVIEMember" xlink:label="element2804" />
        <label xlink:type="resource" xlink:label="label2804" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAssetsVIEMember_en-US">OtherAssets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2804" xlink:to="label2804" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsVIEMember" xlink:label="element2805" />
        <label xlink:type="resource" xlink:label="label2805" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAssetsVIEMember_en-US">OtherAssets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2805" xlink:to="label2805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcludingBankOfAmericaAndFlagstarMember" xlink:label="element2806" />
        <label xlink:type="resource" xlink:label="label2806" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExcludingBankOfAmericaAndFlagstarMember_en-US">Excluding Bank Of America And Flagstar [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2806" xlink:to="label2806" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcludingBankOfAmericaAndFlagstarMember" xlink:label="element2807" />
        <label xlink:type="resource" xlink:label="label2807" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExcludingBankOfAmericaAndFlagstarMember_en-US">Excluding Bank Of America And Flagstar [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2807" xlink:to="label2807" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="element2808" />
        <label xlink:type="resource" xlink:label="label2808" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WarrantTerm_en-US">Warrant Term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2808" xlink:to="label2808" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="element2809" />
        <label xlink:type="resource" xlink:label="label2809" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WarrantTerm_en-US">Term of warrant in years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2809" xlink:to="label2809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="element2810" />
        <label xlink:type="resource" xlink:label="label2810" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WarrantTerm_en-US">Warrant term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2810" xlink:to="label2810" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="element2811" />
        <label xlink:type="resource" xlink:label="label2811" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SubsidiaryCollateralPercentage_en-US">Subsidiary Collateral Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2811" xlink:to="label2811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="element2812" />
        <label xlink:type="resource" xlink:label="label2812" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SubsidiaryCollateralPercentage_en-US">This element represents the percentage of the Company's equity interest in a subsidiary that is pledged as collateral.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2812" xlink:to="label2812" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="element2813" />
        <label xlink:type="resource" xlink:label="label2813" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SubsidiaryCollateralPercentage_en-US">Equity interest collateral pledged percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2813" xlink:to="label2813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="element2814" />
        <label xlink:type="resource" xlink:label="label2814" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MinimumStatutoryCapitalRequirement_en-US">Minimum Statutory Capital Requirement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2814" xlink:to="label2814" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="element2815" />
        <label xlink:type="resource" xlink:label="label2815" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MinimumStatutoryCapitalRequirement_en-US">This element represents the minimum statutory requirement required under the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2815" xlink:to="label2815" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="element2816" />
        <label xlink:type="resource" xlink:label="label2816" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MinimumStatutoryCapitalRequirement_en-US">Minimum statutory capital required</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2816" xlink:to="label2816" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalSecuredLoan" xlink:label="element2817" />
        <label xlink:type="resource" xlink:label="label2817" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalSecuredLoan_en-US">National Secured Loan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2817" xlink:to="label2817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalSecuredLoan" xlink:label="element2818" />
        <label xlink:type="resource" xlink:label="label2818" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalSecuredLoan_en-US">National secured loan with MBIA Insurance Corporation.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2818" xlink:to="label2818" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalSecuredLoan" xlink:label="element2819" />
        <label xlink:type="resource" xlink:label="label2819" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NationalSecuredLoan_en-US">National secured loan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2819" xlink:to="label2819" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="element2820" />
        <label xlink:type="resource" xlink:label="label2820" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuredRevolvingCreditAgreementTerm_en-US">Secured Revolving Credit Agreement Term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2820" xlink:to="label2820" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="element2821" />
        <label xlink:type="resource" xlink:label="label2821" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuredRevolvingCreditAgreementTerm_en-US">Term of secured revolving credit agreement.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2821" xlink:to="label2821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="element2822" />
        <label xlink:type="resource" xlink:label="label2822" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuredRevolvingCreditAgreementTerm_en-US">Line of credit term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2822" xlink:to="label2822" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementWithoutPrejudiceTerm" xlink:label="element2823" />
        <label xlink:type="resource" xlink:label="label2823" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SettlementWithoutPrejudiceTerm_en-US">Settlement Without Prejudice Term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2823" xlink:to="label2823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementWithoutPrejudiceTerm" xlink:label="element2824" />
        <label xlink:type="resource" xlink:label="label2824" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SettlementWithoutPrejudiceTerm_en-US">Period until settlement becomes settled with prejudice.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2824" xlink:to="label2824" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementWithoutPrejudiceTerm" xlink:label="element2825" />
        <label xlink:type="resource" xlink:label="label2825" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SettlementWithoutPrejudiceTerm_en-US">Settlement without prejudice term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2825" xlink:to="label2825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfResolvedArticleSeventyEightPlaintiffs" xlink:label="element2826" />
        <label xlink:type="resource" xlink:label="label2826" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_en-US">Number Of Resolved Article Seventy Eight Plaintiffs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2826" xlink:to="label2826" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfResolvedArticleSeventyEightPlaintiffs" xlink:label="element2827" />
        <label xlink:type="resource" xlink:label="label2827" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_en-US">This element represents the number of plaintiffs with which the Company has resolved the Article 78 litigation.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2827" xlink:to="label2827" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfResolvedArticleSeventyEightPlaintiffs" xlink:label="element2828" />
        <label xlink:type="resource" xlink:label="label2828" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_en-US">Number of resolved Article 78 plaintiffs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2828" xlink:to="label2828" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="element2829" />
        <label xlink:type="resource" xlink:label="label2829" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisposalOfAssetsCollateralMaximum_en-US">Disposal Of Assets Collateral Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2829" xlink:to="label2829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="element2830" />
        <label xlink:type="resource" xlink:label="label2830" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisposalOfAssetsCollateralMaximum_en-US">The maximum amount of assets that can be disposed without requiring repayment of the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2830" xlink:to="label2830" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="element2831" />
        <label xlink:type="resource" xlink:label="label2831" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisposalOfAssetsCollateralMaximum_en-US">Disposal of assets maximum collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2831" xlink:to="label2831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="element2832" />
        <label xlink:type="resource" xlink:label="label2832" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncSeniorNotesMember_en-US">MBIA Inc Senior Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2832" xlink:to="label2832" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="element2833" />
        <label xlink:type="resource" xlink:label="label2833" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncSeniorNotesMember_en-US">MBIA Inc. senior notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2833" xlink:to="label2833" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="element2834" />
        <label xlink:type="resource" xlink:label="label2834" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpSurplusNotesMember_en-US">MBIA Corp Surplus Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2834" xlink:to="label2834" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="element2835" />
        <label xlink:type="resource" xlink:label="label2835" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpSurplusNotesMember_en-US">MBIA Corp. surplus notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2835" xlink:to="label2835" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiborRateLoansMember" xlink:label="element2836" />
        <label xlink:type="resource" xlink:label="label2836" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiborRateLoansMember_en-US">Libor Rate Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2836" xlink:to="label2836" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiborRateLoansMember" xlink:label="element2837" />
        <label xlink:type="resource" xlink:label="label2837" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiborRateLoansMember_en-US">This member represents the LIBOR based variable rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2837" xlink:to="label2837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BaseRateLoansMember" xlink:label="element2838" />
        <label xlink:type="resource" xlink:label="label2838" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BaseRateLoansMember_en-US">Base Rate Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2838" xlink:to="label2838" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BaseRateLoansMember" xlink:label="element2839" />
        <label xlink:type="resource" xlink:label="label2839" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BaseRateLoansMember_en-US">This member represents the base variable rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2839" xlink:to="label2839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApplicableMarginMember" xlink:label="element2840" />
        <label xlink:type="resource" xlink:label="label2840" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ApplicableMarginMember_en-US">Applicable Margin [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2840" xlink:to="label2840" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApplicableMarginMember" xlink:label="element2841" />
        <label xlink:type="resource" xlink:label="label2841" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ApplicableMarginMember_en-US">This member represents the margin on thesecured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2841" xlink:to="label2841" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="element2842" />
        <label xlink:type="resource" xlink:label="label2842" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FederalFundsRateMarginMember_en-US">Federal Funds Rate Margin [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2842" xlink:to="label2842" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="element2843" />
        <label xlink:type="resource" xlink:label="label2843" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FederalFundsRateMarginMember_en-US">This member represents the margin abouve the federal funds rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2843" xlink:to="label2843" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="element2844" />
        <label xlink:type="resource" xlink:label="label2844" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdjustedLiborRateMarginMember_en-US">Adjusted Libor Rate Margin [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2844" xlink:to="label2844" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="element2845" />
        <label xlink:type="resource" xlink:label="label2845" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdjustedLiborRateMarginMember_en-US">This member represents the margin above the adjusted LIBOR rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2845" xlink:to="label2845" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetMinimumMember" xlink:label="element2846" />
        <label xlink:type="resource" xlink:label="label2846" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisposalOfAssetMinimumMember_en-US">Disposal Of Asset Minimum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2846" xlink:to="label2846" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetMinimumMember" xlink:label="element2847" />
        <label xlink:type="resource" xlink:label="label2847" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisposalOfAssetMinimumMember_en-US">This member represents the munimum disposal od assets under the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2847" xlink:to="label2847" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingMaximumPeriodMember" xlink:label="element2848" />
        <label xlink:type="resource" xlink:label="label2848" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidityBorrowingMaximumPeriodMember_en-US">Liquidity Borrowing Maximum Period [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2848" xlink:to="label2848" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingMaximumPeriodMember" xlink:label="element2849" />
        <label xlink:type="resource" xlink:label="label2849" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidityBorrowingMaximumPeriodMember_en-US">This member represents the maximum repayment period where liquidity borrowing must be used under the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2849" xlink:to="label2849" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="element2850" />
        <label xlink:type="resource" xlink:label="label2850" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_en-US">Loss And Loss Adjustment Expense Recoveries [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2850" xlink:to="label2850" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="element2851" />
        <label xlink:type="resource" xlink:label="label2851" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_en-US">Loss And Loss Adjustment Expense Recoveries [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2851" xlink:to="label2851" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="element2852" />
        <label xlink:type="resource" xlink:label="label2852" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_en-US">Loss And Loss Adjustment Expense Recoveries [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2852" xlink:to="label2852" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="element2853" />
        <label xlink:type="resource" xlink:label="label2853" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_en-US">Loss And Loss Adjustment Expense Recoveries [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2853" xlink:to="label2853" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="element2854" />
        <label xlink:type="resource" xlink:label="label2854" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_en-US">Unrealized Loss Position Greater Than Twelve Months [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2854" xlink:to="label2854" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="element2855" />
        <label xlink:type="resource" xlink:label="label2855" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_en-US">This member represents securities that have been in an unrealized loss position for more than 12 months.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2855" xlink:to="label2855" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="element2856" />
        <label xlink:type="resource" xlink:label="label2856" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_en-US">Unrealized loss position &gt; 12 months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2856" xlink:to="label2856" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember" xlink:label="element2857" />
        <label xlink:type="resource" xlink:label="label2857" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember_en-US">June Two Thousand Thirteen To November Two Thousand Thirteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2857" xlink:to="label2857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember" xlink:label="element2858" />
        <label xlink:type="resource" xlink:label="label2858" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember_en-US">June Two Thousand Thirteen To November Two Thousand Thirteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2858" xlink:to="label2858" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="element2859" />
        <label xlink:type="resource" xlink:label="label2859" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_en-US">December Thirty One Two Thousand Thirteen To June Thirty Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2859" xlink:to="label2859" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="element2860" />
        <label xlink:type="resource" xlink:label="label2860" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_en-US">December Thirty One Two Thousand Thirteen To June Thirty Two Thousand Fourteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2860" xlink:to="label2860" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="element2861" />
        <label xlink:type="resource" xlink:label="label2861" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RollforwardOfPremiumsReceivableTableTextBlock_en-US">Rollforward Of Premiums Receivable [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2861" xlink:to="label2861" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="element2862" />
        <label xlink:type="resource" xlink:label="label2862" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RollforwardOfPremiumsReceivableTableTextBlock_en-US">Rollforward of the financial guarantee premiums receivable.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2862" xlink:to="label2862" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="element2863" />
        <label xlink:type="resource" xlink:label="label2863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RollforwardOfPremiumsReceivableTableTextBlock_en-US">Rollforward of Premiums Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2863" xlink:to="label2863" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="element2864" />
        <label xlink:type="resource" xlink:label="label2864" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_en-US">Undiscounted Future Premiums By Period [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2864" xlink:to="label2864" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="element2865" />
        <label xlink:type="resource" xlink:label="label2865" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_en-US">Amount to undiscounted future financial guarantee premiums to be collected by period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2865" xlink:to="label2865" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="element2866" />
        <label xlink:type="resource" xlink:label="label2866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_en-US">Undiscounted Future Premiums By Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2866" xlink:to="label2866" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="element2867" />
        <label xlink:type="resource" xlink:label="label2867" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_en-US">Unearned Premium Reserve And Future Premium Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2867" xlink:to="label2867" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="element2868" />
        <label xlink:type="resource" xlink:label="label2868" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_en-US">Unearned Premium Reserve And Future Premium Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2868" xlink:to="label2868" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="element2869" />
        <label xlink:type="resource" xlink:label="label2869" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_en-US">Unearned Premium Reserve And Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2869" xlink:to="label2869" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapSettlementAmountPerTermSheet" xlink:label="element2870" />
        <label xlink:type="resource" xlink:label="label2870" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RescapSettlementAmountPerTermSheet_en-US">Rescap Settlement Amount Per Term Sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2870" xlink:to="label2870" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapSettlementAmountPerTermSheet" xlink:label="element2871" />
        <label xlink:type="resource" xlink:label="label2871" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RescapSettlementAmountPerTermSheet_en-US">Rescap Settlement Amount Per Term Sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2871" xlink:to="label2871" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapSettlementAmountPerTermSheet" xlink:label="element2872" />
        <label xlink:type="resource" xlink:label="label2872" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RescapSettlementAmountPerTermSheet_en-US">ResCap settlement amount per term sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2872" xlink:to="label2872" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="element2873" />
        <label xlink:type="resource" xlink:label="label2873" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentRepurchasedPercentOfParValue_en-US">Debt Instrument Repurchased Percent Of Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2873" xlink:to="label2873" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="element2874" />
        <label xlink:type="resource" xlink:label="label2874" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentRepurchasedPercentOfParValue_en-US">Debt instruments repurchased weighted average percent of par value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2874" xlink:to="label2874" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="element2875" />
        <label xlink:type="resource" xlink:label="label2875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentRepurchasedPercentOfParValue_en-US">Weighted average percent of par</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2875" xlink:to="label2875" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="element2876" />
        <label xlink:type="resource" xlink:label="label2876" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GlobalFundingLimitedMember_en-US">Global Funding Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2876" xlink:to="label2876" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="element2877" />
        <label xlink:type="resource" xlink:label="label2877" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GlobalFundingLimitedMember_en-US">Global Funding Limited business</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2877" xlink:to="label2877" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" xlink:label="element2878" />
        <label xlink:type="resource" xlink:label="label2878" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_en-US">Loss And Loss Adjustment Expense Collections Net Of Reinsurance And Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2878" xlink:to="label2878" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" xlink:label="element2879" />
        <label xlink:type="resource" xlink:label="label2879" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_en-US">Loss And Loss Adjustment Expense Collections Net Of Reinsurance And Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2879" xlink:to="label2879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" xlink:label="element2880" />
        <label xlink:type="resource" xlink:label="label2880" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_en-US">Loss and loss adjustment expense collections, net of reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2880" xlink:to="label2880" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" xlink:label="element2881" />
        <label xlink:type="resource" xlink:label="label2881" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_en-US">Reinsurance Recoverable On Unpaid Loss Adjustment Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2881" xlink:to="label2881" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" xlink:label="element2882" />
        <label xlink:type="resource" xlink:label="label2882" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_en-US">Reinsurance Recoverable On Unpaid LAE</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2882" xlink:to="label2882" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" xlink:label="element2883" />
        <label xlink:type="resource" xlink:label="label2883" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_en-US">Reinsurance recoverable on unpaid LAE</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2883" xlink:to="label2883" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="element2884" />
        <label xlink:type="resource" xlink:label="label2884" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GeneralCorporatePurposesProceedsLimit_en-US">General Corporate Purposes Proceeds Limit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2884" xlink:to="label2884" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="element2885" />
        <label xlink:type="resource" xlink:label="label2885" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GeneralCorporatePurposesProceedsLimit_en-US">The secured loan limit that can be used for general corporate purposes.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2885" xlink:to="label2885" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="element2886" />
        <label xlink:type="resource" xlink:label="label2886" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GeneralCorporatePurposesProceedsLimit_en-US">General corporate purposes limit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2886" xlink:to="label2886" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="element2887" />
        <label xlink:type="resource" xlink:label="label2887" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidityRequirementsPeriod_en-US">Liquidity Requirements Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2887" xlink:to="label2887" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="element2888" />
        <label xlink:type="resource" xlink:label="label2888" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidityRequirementsPeriod_en-US">The period of projected ordinary course liquidity requirements that secured loan proceeds must be used for after meeting the general corporate purposes limit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2888" xlink:to="label2888" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="element2889" />
        <label xlink:type="resource" xlink:label="label2889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiquidityRequirementsPeriod_en-US">Liquidity requirements period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2889" xlink:to="label2889" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="element2890" />
        <label xlink:type="resource" xlink:label="label2890" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PutbackRecoveriesCollateralPercentage_en-US">Putback Recoveries Collateral Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2890" xlink:to="label2890" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="element2891" />
        <label xlink:type="resource" xlink:label="label2891" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PutbackRecoveriesCollateralPercentage_en-US">The mandatory percentage of proceeds from put-back recoveries required to repay the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2891" xlink:to="label2891" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="element2892" />
        <label xlink:type="resource" xlink:label="label2892" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PutbackRecoveriesCollateralPercentage_en-US">Putback recoveries collateral percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2892" xlink:to="label2892" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="element2893" />
        <label xlink:type="resource" xlink:label="label2893" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_en-US">Other Prepayment Collateral Percentage After Year One To Year Two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2893" xlink:to="label2893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="element2894" />
        <label xlink:type="resource" xlink:label="label2894" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_en-US">The mandatory percentage of proceeds from other prepayment collateral required to repay the secured loan after year one to year two.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2894" xlink:to="label2894" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="element2895" />
        <label xlink:type="resource" xlink:label="label2895" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_en-US">Other prepayment collateral percentage after year one to year two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2895" xlink:to="label2895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="element2896" />
        <label xlink:type="resource" xlink:label="label2896" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_en-US">Other Prepayment Collateral Percentage After Year Two To Year Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2896" xlink:to="label2896" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="element2897" />
        <label xlink:type="resource" xlink:label="label2897" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_en-US">The mandatory percentage of proceeds from other prepayment collateral required to repay the secured loan after year two to year three.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2897" xlink:to="label2897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="element2898" />
        <label xlink:type="resource" xlink:label="label2898" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_en-US">Other prepayment collateral percentage after year two to year three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2898" xlink:to="label2898" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="element2899" />
        <label xlink:type="resource" xlink:label="label2899" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisposalOfAssetsCollateralPercentage_en-US">Disposal Of Assets Collateral Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2899" xlink:to="label2899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="element2900" />
        <label xlink:type="resource" xlink:label="label2900" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisposalOfAssetsCollateralPercentage_en-US">The mandatory percentage of proceeds from disposals of assets required to repay the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2900" xlink:to="label2900" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="element2901" />
        <label xlink:type="resource" xlink:label="label2901" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisposalOfAssetsCollateralPercentage_en-US">Disposal of assets collateral percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2901" xlink:to="label2901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="element2902" />
        <label xlink:type="resource" xlink:label="label2902" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuredLineOfCreditCollateral_en-US">Secured Line Of Credit Collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2902" xlink:to="label2902" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="element2903" />
        <label xlink:type="resource" xlink:label="label2903" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuredLineOfCreditCollateral_en-US">The collateral required under terms of the line of credit agreement.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2903" xlink:to="label2903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="element2904" />
        <label xlink:type="resource" xlink:label="label2904" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuredLineOfCreditCollateral_en-US">Secured line of credit collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2904" xlink:to="label2904" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="element2905" />
        <label xlink:type="resource" xlink:label="label2905" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemediationEffortsMaximumAmount_en-US">Remediation Efforts Maximum Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2905" xlink:to="label2905" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="element2906" />
        <label xlink:type="resource" xlink:label="label2906" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemediationEffortsMaximumAmount_en-US">Maximum amount of remediation efforts with respect to insurance obligations and settlements of litigation that can be entered into without requiring consent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2906" xlink:to="label2906" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="element2907" />
        <label xlink:type="resource" xlink:label="label2907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemediationEffortsMaximumAmount_en-US">Remediation efforts maximum amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2907" xlink:to="label2907" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="element2908" />
        <label xlink:type="resource" xlink:label="label2908" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemediationEffortsLoansOutstandingMaximumAmount_en-US">Remediation Efforts Loans Outstanding Maximum Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2908" xlink:to="label2908" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="element2909" />
        <label xlink:type="resource" xlink:label="label2909" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemediationEffortsLoansOutstandingMaximumAmount_en-US">The maximum amount of secured loans outstanding with regard to remediation efforts without consent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2909" xlink:to="label2909" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="element2910" />
        <label xlink:type="resource" xlink:label="label2910" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemediationEffortsLoansOutstandingMaximumAmount_en-US">Remediation efforts loans outstanding maximum amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2910" xlink:to="label2910" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="element2911" />
        <label xlink:type="resource" xlink:label="label2911" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_en-US">Remediation Efforts Statutory Capital Reduction Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2911" xlink:to="label2911" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="element2912" />
        <label xlink:type="resource" xlink:label="label2912" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_en-US">The maximum amount statutory capital can decline due to remediation efforts without consent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2912" xlink:to="label2912" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="element2913" />
        <label xlink:type="resource" xlink:label="label2913" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_en-US">Remediation efforts statutory capital reduction maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2913" xlink:to="label2913" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="element2914" />
        <label xlink:type="resource" xlink:label="label2914" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidityBorrowingsRepaymentPeriod_en-US">Liquidity Borrowings Repayment Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2914" xlink:to="label2914" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="element2915" />
        <label xlink:type="resource" xlink:label="label2915" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidityBorrowingsRepaymentPeriod_en-US">The period in which liquidity borrowings on the secured loan must be repaid if in fact the borrowings are not used for such purposes.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2915" xlink:to="label2915" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="element2916" />
        <label xlink:type="resource" xlink:label="label2916" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiquidityBorrowingsRepaymentPeriod_en-US">Liquidity borrowings repayment period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2916" xlink:to="label2916" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="element2917" />
        <label xlink:type="resource" xlink:label="label2917" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceInForceTextBlock_en-US">Insurance In Force [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2917" xlink:to="label2917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="element2918" />
        <label xlink:type="resource" xlink:label="label2918" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceInForceTextBlock_en-US">Insurance In Force</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2918" xlink:to="label2918" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="element2919" />
        <label xlink:type="resource" xlink:label="label2919" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceInForceTextBlock_en-US">The entire disclosure of Insurance In Force.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2919" xlink:to="label2919" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsAbstract" xlink:label="element2920" />
        <label xlink:type="resource" xlink:label="label2920" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsAbstract_en-US">Insurance Regulations And Dividends [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2920" xlink:to="label2920" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="element2921" />
        <label xlink:type="resource" xlink:label="label2921" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsTextBlock_en-US">Insurance Regulations And Dividends [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2921" xlink:to="label2921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="element2922" />
        <label xlink:type="resource" xlink:label="label2922" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceRegulationsAndDividendsTextBlock_en-US">Insurance Regulations And Dividends</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2922" xlink:to="label2922" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="element2923" />
        <label xlink:type="resource" xlink:label="label2923" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceRegulationsAndDividendsTextBlock_en-US">The entire disclosure of Insurance regulations and dividends.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2923" xlink:to="label2923" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="element2924" />
        <label xlink:type="resource" xlink:label="label2924" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetWriteOff_en-US">Deferred tax asset write off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2924" xlink:to="label2924" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="element2925" />
        <label xlink:type="resource" xlink:label="label2925" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetWriteOff_en-US">Deferred Tax Asset Write Off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2925" xlink:to="label2925" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="element2926" />
        <label xlink:type="resource" xlink:label="label2926" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetWriteOff_en-US">Deferred tax asset write off.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2926" xlink:to="label2926" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2927" />
        <label xlink:type="resource" xlink:label="label2927" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under Omnibus Plan in connection with stock options, count</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2927" xlink:to="label2927" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2928" />
        <label xlink:type="resource" xlink:label="label2928" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares Issued Under Stock Options Plan Counted In Long Term Incentive Plan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2928" xlink:to="label2928" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2929" />
        <label xlink:type="resource" xlink:label="label2929" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under stock options plan counted in long-term incentive plan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2929" xlink:to="label2929" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2930" />
        <label xlink:type="resource" xlink:label="label2930" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under Omnibus Plan in connection with other than stock options, count</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2930" xlink:to="label2930" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2931" />
        <label xlink:type="resource" xlink:label="label2931" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares Issued Under Other Than Stock Options Plan Counted In Long Term Incentive Plan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2931" xlink:to="label2931" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2932" />
        <label xlink:type="resource" xlink:label="label2932" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under other than stock options plan counted in long-term incentive plan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2932" xlink:to="label2932" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="element2933" />
        <label xlink:type="resource" xlink:label="label2933" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_en-US">ISO and NQSO granted price at fair value of common stock, percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2933" xlink:to="label2933" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="element2934" />
        <label xlink:type="resource" xlink:label="label2934" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_en-US">Incentive Stock Options And Non Qualified Stock Options Granted Price At Fair Value Of Common Stock Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2934" xlink:to="label2934" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="element2935" />
        <label xlink:type="resource" xlink:label="label2935" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_en-US">Incentive Stock Options And Non-Qualified Stock Options Granted Price At Fair Value Of Common Stock, Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2935" xlink:to="label2935" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OmnibusPlanMember" xlink:label="element2936" />
        <label xlink:type="resource" xlink:label="label2936" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OmnibusPlanMember_en-US">Omnibus Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2936" xlink:to="label2936" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OmnibusPlanMember" xlink:label="element2937" />
        <label xlink:type="resource" xlink:label="label2937" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OmnibusPlanMember_en-US">Omnibus Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2937" xlink:to="label2937" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RestrictedShareUnitMember" xlink:label="element2938" />
        <label xlink:type="resource" xlink:label="label2938" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RestrictedShareUnitMember_en-US">Restricted Share Unit [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2938" xlink:to="label2938" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RestrictedShareUnitMember" xlink:label="element2939" />
        <label xlink:type="resource" xlink:label="label2939" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RestrictedShareUnitMember_en-US">Restricted Share Unit [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2939" xlink:to="label2939" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="element2940" />
        <label xlink:type="resource" xlink:label="label2940" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PerformanceBasedAwardsMember_en-US">Performance Based Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2940" xlink:to="label2940" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="element2941" />
        <label xlink:type="resource" xlink:label="label2941" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PerformanceBasedAwardsMember_en-US">Performance Based Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2941" xlink:to="label2941" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredCashAwardsMember" xlink:label="element2942" />
        <label xlink:type="resource" xlink:label="label2942" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredCashAwardsMember_en-US">Deferred Cash Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2942" xlink:to="label2942" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredCashAwardsMember" xlink:label="element2943" />
        <label xlink:type="resource" xlink:label="label2943" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredCashAwardsMember_en-US">Deferred Cash Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2943" xlink:to="label2943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_KeyEmployeesMember" xlink:label="element2944" />
        <label xlink:type="resource" xlink:label="label2944" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_KeyEmployeesMember_en-US">Key Employees [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2944" xlink:to="label2944" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_KeyEmployeesMember" xlink:label="element2945" />
        <label xlink:type="resource" xlink:label="label2945" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_KeyEmployeesMember_en-US">Key Employees [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2945" xlink:to="label2945" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AfterAmendmentMember" xlink:label="element2946" />
        <label xlink:type="resource" xlink:label="label2946" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AfterAmendmentMember_en-US">After Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2946" xlink:to="label2946" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AfterAmendmentMember" xlink:label="element2947" />
        <label xlink:type="resource" xlink:label="label2947" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AfterAmendmentMember_en-US">After Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2947" xlink:to="label2947" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AfterAmendmentMember" xlink:label="element2948" />
        <label xlink:type="resource" xlink:label="label2948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AfterAmendmentMember_en-US">After May 1, 2012 Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2948" xlink:to="label2948" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PriorToAmendmentMember" xlink:label="element2949" />
        <label xlink:type="resource" xlink:label="label2949" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PriorToAmendmentMember_en-US">Prior To Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2949" xlink:to="label2949" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PriorToAmendmentMember" xlink:label="element2950" />
        <label xlink:type="resource" xlink:label="label2950" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PriorToAmendmentMember_en-US">Prior To Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2950" xlink:to="label2950" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PriorToAmendmentMember" xlink:label="element2951" />
        <label xlink:type="resource" xlink:label="label2951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PriorToAmendmentMember_en-US">Prior To May 1, 2012 Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2951" xlink:to="label2951" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2952" />
        <label xlink:type="resource" xlink:label="label2952" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Options Or Restricted Share Awards Granted By Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2952" xlink:to="label2952" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2953" />
        <label xlink:type="resource" xlink:label="label2953" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Restricted Share Awards Granted By Title Of Individual Axis.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2953" xlink:to="label2953" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2954" />
        <label xlink:type="resource" xlink:label="label2954" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Restricted Share Awards Granted By Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2954" xlink:to="label2954" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2955" />
        <label xlink:type="resource" xlink:label="label2955" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Options Awards Granted By Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2955" xlink:to="label2955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherOneMember" xlink:label="element2956" />
        <label xlink:type="resource" xlink:label="label2956" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherOneMember_en-US">Other One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2956" xlink:to="label2956" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherOneMember" xlink:label="element2957" />
        <label xlink:type="resource" xlink:label="label2957" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherOneMember_en-US">Other One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2957" xlink:to="label2957" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherOneMember" xlink:label="element2958" />
        <label xlink:type="resource" xlink:label="label2958" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherOneMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2958" xlink:to="label2958" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionsExercisableMember" xlink:label="element2959" />
        <label xlink:type="resource" xlink:label="label2959" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OptionsExercisableMember_en-US">Options Exercisable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2959" xlink:to="label2959" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionsExercisableMember" xlink:label="element2960" />
        <label xlink:type="resource" xlink:label="label2960" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OptionsExercisableMember_en-US">Options Exercisable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2960" xlink:to="label2960" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="element2961" />
        <label xlink:type="resource" xlink:label="label2961" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_en-US">Number Of Restricted Share Awards Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2961" xlink:to="label2961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="element2962" />
        <label xlink:type="resource" xlink:label="label2962" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_en-US">Schedule Of Number Of Restricted Shares Awards Granted [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2962" xlink:to="label2962" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="element2963" />
        <label xlink:type="resource" xlink:label="label2963" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_en-US">Schedule of number of restricted shares awards granted [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2963" xlink:to="label2963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="element2964" />
        <label xlink:type="resource" xlink:label="label2964" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_en-US">Number Of Options Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2964" xlink:to="label2964" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="element2965" />
        <label xlink:type="resource" xlink:label="label2965" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_en-US">Schedule Of Number Of Options Granted [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2965" xlink:to="label2965" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="element2966" />
        <label xlink:type="resource" xlink:label="label2966" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_en-US">Schedule of number of options granted [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2966" xlink:to="label2966" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="element2967" />
        <label xlink:type="resource" xlink:label="label2967" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_en-US">Principal payments due under investment agreement obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2967" xlink:to="label2967" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="element2968" />
        <label xlink:type="resource" xlink:label="label2968" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_en-US">Expected Principal Payments Due UnderInvestment Agreements [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2968" xlink:to="label2968" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="element2969" />
        <label xlink:type="resource" xlink:label="label2969" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_en-US">Expected principal payments due under investment agreements [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2969" xlink:to="label2969" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="element2970" />
        <label xlink:type="resource" xlink:label="label2970" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_en-US">Principal payments due under medium-term note obligations based on contractual maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2970" xlink:to="label2970" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="element2971" />
        <label xlink:type="resource" xlink:label="label2971" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_en-US">Schedule Of Principal Payments Due Under Medium Term Note Obligations Based On Contractual Maturity [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2971" xlink:to="label2971" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="element2972" />
        <label xlink:type="resource" xlink:label="label2972" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_en-US">Schedule of principal payments due under medium-term note obligations based on contractual maturity [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2972" xlink:to="label2972" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="element2973" />
        <label xlink:type="resource" xlink:label="label2973" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_en-US">Maturity of VIE notes, by segment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2973" xlink:to="label2973" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="element2974" />
        <label xlink:type="resource" xlink:label="label2974" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_en-US">Schedule Of Maturity Of Variable Interest Entities Notes By Segment [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2974" xlink:to="label2974" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="element2975" />
        <label xlink:type="resource" xlink:label="label2975" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_en-US">Schedule of maturity of variable interest entities notes, by segment [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2975" xlink:to="label2975" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="element2976" />
        <label xlink:type="resource" xlink:label="label2976" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_en-US">Subtotal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2976" xlink:to="label2976" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="element2977" />
        <label xlink:type="resource" xlink:label="label2977" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_en-US">Long Term Debt Before Surplus Notes Noncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2977" xlink:to="label2977" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="element2978" />
        <label xlink:type="resource" xlink:label="label2978" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_en-US">Long-term debt before surplus notes, noncurrent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2978" xlink:to="label2978" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2979" />
        <label xlink:type="resource" xlink:label="label2979" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentMaturityYear_en-US">Long-term debt, maturity year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2979" xlink:to="label2979" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2980" />
        <label xlink:type="resource" xlink:label="label2980" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentMaturityYear_en-US">Debt Instrument Maturity Year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2980" xlink:to="label2980" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2981" />
        <label xlink:type="resource" xlink:label="label2981" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentMaturityYear_en-US">Debt instrument maturity year.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2981" xlink:to="label2981" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="element2982" />
        <label xlink:type="resource" xlink:label="label2982" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_en-US">Callable date for fifth anniversary of initial callable date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2982" xlink:to="label2982" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="element2983" />
        <label xlink:type="resource" xlink:label="label2983" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_en-US">Debt Instrument Call Date For First Fifth Anniversary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2983" xlink:to="label2983" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="element2984" />
        <label xlink:type="resource" xlink:label="label2984" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_en-US">Debt instrument, call date for first fifth anniversary.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2984" xlink:to="label2984" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="element2985" />
        <label xlink:type="resource" xlink:label="label2985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_en-US">Callable date for subsequent fifth anniversary of initial callable date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2985" xlink:to="label2985" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="element2986" />
        <label xlink:type="resource" xlink:label="label2986" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_en-US">Debt Instrument Call Date For Second Fifth Anniversary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2986" xlink:to="label2986" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="element2987" />
        <label xlink:type="resource" xlink:label="label2987" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_en-US">Debt instrument call date for second fifth anniversary.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2987" xlink:to="label2987" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="element2988" />
        <label xlink:type="resource" xlink:label="label2988" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_en-US">Six Point Four Zero Zero Percentage Senior Notes Due Two Thousand Twenty Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2988" xlink:to="label2988" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="element2989" />
        <label xlink:type="resource" xlink:label="label2989" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_en-US">Six point four zero zero percentage senior notes due two thousand twenty two [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2989" xlink:to="label2989" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="element2990" />
        <label xlink:type="resource" xlink:label="label2990" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_en-US">6.400% Senior Notes Due 2022 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2990" xlink:to="label2990" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="element2991" />
        <label xlink:type="resource" xlink:label="label2991" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_en-US">Seven Point Zero Zero Zero Percentage Debentures Due Two Thousand Twenty Five [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2991" xlink:to="label2991" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="element2992" />
        <label xlink:type="resource" xlink:label="label2992" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_en-US">Seven Point Zero Zero Zero Percentage Debentures Due Two Thousand Twenty Five [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2992" xlink:to="label2992" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="element2993" />
        <label xlink:type="resource" xlink:label="label2993" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_en-US">7.000% Debentures Due 2025 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2993" xlink:to="label2993" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="element2994" />
        <label xlink:type="resource" xlink:label="label2994" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_en-US">Seven Point One Five Zero Percentage Debentures Due Two Thousand Twenty Seven [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2994" xlink:to="label2994" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="element2995" />
        <label xlink:type="resource" xlink:label="label2995" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_en-US">Seven Point One Five Zero Percentage Debentures Due Two Thousand Twenty Seven [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2995" xlink:to="label2995" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="element2996" />
        <label xlink:type="resource" xlink:label="label2996" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_en-US">7.150% Debentures Due 2027 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2996" xlink:to="label2996" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="element2997" />
        <label xlink:type="resource" xlink:label="label2997" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_en-US">Six Point Six Two Five Percentage Debentures DueTwoThousandTwenty Eight [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2997" xlink:to="label2997" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="element2998" />
        <label xlink:type="resource" xlink:label="label2998" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_en-US">Six Point Six Two Five Percentage Debentures Due Two Thousand Twenty Eight [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2998" xlink:to="label2998" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="element2999" />
        <label xlink:type="resource" xlink:label="label2999" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_en-US">6.625% Debentures Due 2028 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2999" xlink:to="label2999" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="element3000" />
        <label xlink:type="resource" xlink:label="label3000" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_en-US">Five Point Seven Zero Zero Percentage Senior Notes Due Two Thousand Thirty Four [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3000" xlink:to="label3000" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="element3001" />
        <label xlink:type="resource" xlink:label="label3001" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_en-US">Five point seven zero zero percentage senior notes due two thousand thirty four [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3001" xlink:to="label3001" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="element3002" />
        <label xlink:type="resource" xlink:label="label3002" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_en-US">5.700% Senior Notes Due 2034 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3002" xlink:to="label3002" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="element3003" />
        <label xlink:type="resource" xlink:label="label3003" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_en-US">Fourteen Percentage Surplus Notes Due Two Thousand Thirty Three [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3003" xlink:to="label3003" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="element3004" />
        <label xlink:type="resource" xlink:label="label3004" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_en-US">Fourteen percentage surplus notes due two thousand thirty three [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3004" xlink:to="label3004" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="element3005" />
        <label xlink:type="resource" xlink:label="label3005" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_en-US">14% Surplus Notes Due 2033 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3005" xlink:to="label3005" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotesCallablePrice" xlink:label="element3006" />
        <label xlink:type="resource" xlink:label="label3006" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NotesCallablePrice_en-US">Notes Callable Price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3006" xlink:to="label3006" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotesCallablePrice" xlink:label="element3007" />
        <label xlink:type="resource" xlink:label="label3007" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NotesCallablePrice_en-US">Notes callable price.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3007" xlink:to="label3007" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotesCallablePrice" xlink:label="element3008" />
        <label xlink:type="resource" xlink:label="label3008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NotesCallablePrice_en-US">Callable, price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3008" xlink:to="label3008" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element3009" />
        <label xlink:type="resource" xlink:label="label3009" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Less discount and other adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3009" xlink:to="label3009" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element3010" />
        <label xlink:type="resource" xlink:label="label3010" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Discounts net of fair value adjustments and accrued interest.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3010" xlink:to="label3010" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element3011" />
        <label xlink:type="resource" xlink:label="label3011" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Discounts Net Of Fair Value Adjustments And Accrued Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3011" xlink:to="label3011" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="element3012" />
        <label xlink:type="resource" xlink:label="label3012" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentFairValueAdjustment_en-US">Fair value adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3012" xlink:to="label3012" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="element3013" />
        <label xlink:type="resource" xlink:label="label3013" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentFairValueAdjustment_en-US">Debt Instrument Fair Value Adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3013" xlink:to="label3013" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="element3014" />
        <label xlink:type="resource" xlink:label="label3014" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentFairValueAdjustment_en-US">Fair value adjustment.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3014" xlink:to="label3014" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="element3015" />
        <label xlink:type="resource" xlink:label="label3015" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentAgreementObligationsMember_en-US">Investment Agreement Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3015" xlink:to="label3015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="element3016" />
        <label xlink:type="resource" xlink:label="label3016" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentAgreementObligationsMember_en-US">Investment agreement obligations [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3016" xlink:to="label3016" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="element3017" />
        <label xlink:type="resource" xlink:label="label3017" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VariableInterestEntityDebtMember_en-US">Variable Interest Entity Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3017" xlink:to="label3017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="element3018" />
        <label xlink:type="resource" xlink:label="label3018" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_VariableInterestEntityDebtMember_en-US">Variable Interest Entity Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3018" xlink:to="label3018" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" xlink:label="element3019" />
        <label xlink:type="resource" xlink:label="label3019" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_en-US">Available For Sale Securities Gross Unrealized Gain Accumulated In Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3019" xlink:to="label3019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" xlink:label="element3020" />
        <label xlink:type="resource" xlink:label="label3020" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_en-US">Amount of accumulated pre-tax unrealized gains before deducting pre-tax unrealized losses on investments in available-for-sale securities impacting investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3020" xlink:to="label3020" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" xlink:label="element3021" />
        <label xlink:type="resource" xlink:label="label3021" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_en-US">Gross unrealized gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3021" xlink:to="label3021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element3022" />
        <label xlink:type="resource" xlink:label="label3022" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Available For Sale Securities Gross Unrealized Loss Accumulated In Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3022" xlink:to="label3022" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element3023" />
        <label xlink:type="resource" xlink:label="label3023" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3023" xlink:to="label3023" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element3024" />
        <label xlink:type="resource" xlink:label="label3024" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Gross unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3024" xlink:to="label3024" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element3025" />
        <label xlink:type="resource" xlink:label="label3025" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Total available-for-sale, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3025" xlink:to="label3025" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="element3026" />
        <label xlink:type="resource" xlink:label="label3026" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_en-US">Held To Maturity Securities Accumulated Unrecognized Holding Gain</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3026" xlink:to="label3026" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="element3027" />
        <label xlink:type="resource" xlink:label="label3027" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_en-US">This item represents the excess of amortized cost over fair value of securities in a gain position and which are categorized as held-to-maturity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3027" xlink:to="label3027" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="element3028" />
        <label xlink:type="resource" xlink:label="label3028" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_en-US">Gross unrealized gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3028" xlink:to="label3028" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="element3029" />
        <label xlink:type="resource" xlink:label="label3029" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_en-US">Held To Maturity Securities Accumulated Unrecognized Holding Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3029" xlink:to="label3029" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="element3030" />
        <label xlink:type="resource" xlink:label="label3030" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_en-US">This item represents the excess of amortized cost over fair value of securities in a loss position and which are categorized as held-to-maturity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3030" xlink:to="label3030" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="element3031" />
        <label xlink:type="resource" xlink:label="label3031" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_en-US">Gross unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3031" xlink:to="label3031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="element3032" />
        <label xlink:type="resource" xlink:label="label3032" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_en-US">Total held-to-maturity, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3032" xlink:to="label3032" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" xlink:label="element3033" />
        <label xlink:type="resource" xlink:label="label3033" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_en-US">Available For Sale Securities Continuous Unrealized Loss Position Less Than 12 Months Aggregate Losses Accumulated In Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3033" xlink:to="label3033" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" xlink:label="element3034" />
        <label xlink:type="resource" xlink:label="label3034" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_en-US">Amount of accumulated pre-tax unrealized loss on investments classified as available-for-sale that have been in a loss position for less than twelve months impacting investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3034" xlink:to="label3034" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" xlink:label="element3035" />
        <label xlink:type="resource" xlink:label="label3035" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_en-US">Less than 12 months, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3035" xlink:to="label3035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" xlink:label="element3036" />
        <label xlink:type="resource" xlink:label="label3036" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_en-US">Available For Sale Securities Continuous Unrealized Loss Position 12 Months Or Longer Aggregate Losses Accumulated In Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3036" xlink:to="label3036" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" xlink:label="element3037" />
        <label xlink:type="resource" xlink:label="label3037" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_en-US">Amount of accumulated pre-tax unrealized loss on investments classified as available-for-sale that have been in a loss position fortwelve months or longer impacting investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3037" xlink:to="label3037" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" xlink:label="element3038" />
        <label xlink:type="resource" xlink:label="label3038" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_en-US">12 months or longer, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3038" xlink:to="label3038" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element3039" />
        <label xlink:type="resource" xlink:label="label3039" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Less Than 12 Months Accumulated Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3039" xlink:to="label3039" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element3040" />
        <label xlink:type="resource" xlink:label="label3040" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">This item represents the excess of amortized cost basis over fair value of securities that have been in a loss position for less than twelve months for those securities which are categorized as held-to-maturity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3040" xlink:to="label3040" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element3041" />
        <label xlink:type="resource" xlink:label="label3041" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">Less than 12 months, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3041" xlink:to="label3041" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element3042" />
        <label xlink:type="resource" xlink:label="label3042" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">Held To Maturity Securities Continuous Unrealized Loss Position 12 Months Or Longer Accumulated Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3042" xlink:to="label3042" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element3043" />
        <label xlink:type="resource" xlink:label="label3043" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">This item represents the excess of amortized cost basis over fair value of securities that have been in a loss position twelve months or longer for those securities which are categorized as held-to-maturity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3043" xlink:to="label3043" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element3044" />
        <label xlink:type="resource" xlink:label="label3044" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">12 months or longer, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3044" xlink:to="label3044" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element3045" />
        <label xlink:type="resource" xlink:label="label3045" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Revenue From Transactions With Other Operating Segments Of Same Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3045" xlink:to="label3045" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element3046" />
        <label xlink:type="resource" xlink:label="label3046" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Intersegment revenues in the consolidated group.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3046" xlink:to="label3046" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element3047" />
        <label xlink:type="resource" xlink:label="label3047" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Inter-segment revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3047" xlink:to="label3047" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element3048" />
        <label xlink:type="resource" xlink:label="label3048" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Expense From Transactions With Other Operating Segments Of Same Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3048" xlink:to="label3048" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element3049" />
        <label xlink:type="resource" xlink:label="label3049" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Intersegmentexpenses in the consolidated group.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3049" xlink:to="label3049" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element3050" />
        <label xlink:type="resource" xlink:label="label3050" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Inter-segment expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3050" xlink:to="label3050" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="element3051" />
        <label xlink:type="resource" xlink:label="label3051" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_en-US">Schedule Of Insurance In Force By Geographic Location Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3051" xlink:to="label3051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="element3052" />
        <label xlink:type="resource" xlink:label="label3052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_en-US">Insurance in force by geographic location</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3052" xlink:to="label3052" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="element3053" />
        <label xlink:type="resource" xlink:label="label3053" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_en-US">Tabular disclosure of insurance in force by geographic location of risk excluding transactions on behalf of investment management affiliates.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3053" xlink:to="label3053" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="element3054" />
        <label xlink:type="resource" xlink:label="label3054" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_en-US">Schedule Of Insurance In Force By Bond Type Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3054" xlink:to="label3054" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="element3055" />
        <label xlink:type="resource" xlink:label="label3055" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_en-US">Insurance in force by bond type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3055" xlink:to="label3055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="element3056" />
        <label xlink:type="resource" xlink:label="label3056" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_en-US">Tabular disclosure of insurance in force by type of bond excluding transactions on behalf of investment management affiliates.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3056" xlink:to="label3056" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="element3057" />
        <label xlink:type="resource" xlink:label="label3057" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_en-US">Summary Of Reinsurance Agreements For Insurance Operations Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3057" xlink:to="label3057" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="element3058" />
        <label xlink:type="resource" xlink:label="label3058" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_en-US">Reinsurance agreements for insurance operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3058" xlink:to="label3058" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="element3059" />
        <label xlink:type="resource" xlink:label="label3059" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_en-US">Tabular disclosure of reinsurance agreements for the US Public Finance and Structured Finance insurance operations.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3059" xlink:to="label3059" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="element3060" />
        <label xlink:type="resource" xlink:label="label3060" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_en-US">Summary Of Financial Guarantee Net Premiums Earned Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3060" xlink:to="label3060" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="element3061" />
        <label xlink:type="resource" xlink:label="label3061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_en-US">Financial guarantee net premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3061" xlink:to="label3061" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="element3062" />
        <label xlink:type="resource" xlink:label="label3062" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_en-US">Tabular disclosure of financial guaantee net premiums earned including premiums assumed from and ceded to other companies.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3062" xlink:to="label3062" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AveragerateMember" xlink:label="element3063" />
        <label xlink:type="resource" xlink:label="label3063" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AveragerateMember_en-US">Average Rate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3063" xlink:to="label3063" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AveragerateMember" xlink:label="element3064" />
        <label xlink:type="resource" xlink:label="label3064" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AveragerateMember_en-US">Average interest rate during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3064" xlink:to="label3064" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BlueRidgeMember" xlink:label="element3065" />
        <label xlink:type="resource" xlink:label="label3065" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BlueRidgeMember_en-US">Blue Ridge [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3065" xlink:to="label3065" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BlueRidgeMember" xlink:label="element3066" />
        <label xlink:type="resource" xlink:label="label3066" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BlueRidgeMember_en-US">Blue Ridge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3066" xlink:to="label3066" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="element3067" />
        <label xlink:type="resource" xlink:label="label3067" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceInForceExpectedMaturityRangeYears_en-US">Insurance in force, expected maturity range, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3067" xlink:to="label3067" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="element3068" />
        <label xlink:type="resource" xlink:label="label3068" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceInForceExpectedMaturityRangeYears_en-US">Insurance in force, expected maturity range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3068" xlink:to="label3068" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="element3069" />
        <label xlink:type="resource" xlink:label="label3069" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceInForceExpectedMaturityRangeYears_en-US">Insurance In Force Expected Maturity Range Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3069" xlink:to="label3069" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyReinsurance" xlink:label="element3070" />
        <label xlink:type="resource" xlink:label="label3070" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ThirdPartyReinsurance_en-US">Third party reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3070" xlink:to="label3070" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyReinsurance" xlink:label="element3071" />
        <label xlink:type="resource" xlink:label="label3071" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ThirdPartyReinsurance_en-US">Third Party Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3071" xlink:to="label3071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyReinsurance" xlink:label="element3072" />
        <label xlink:type="resource" xlink:label="label3072" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ThirdPartyReinsurance_en-US">Third party reinsurance available via novation agreement.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3072" xlink:to="label3072" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="element3073" />
        <label xlink:type="resource" xlink:label="label3073" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AmountOfInsuranceInForceForFgicPolicies_en-US">Amount of insurance in force for FGIC policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3073" xlink:to="label3073" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="element3074" />
        <label xlink:type="resource" xlink:label="label3074" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AmountOfInsuranceInForceForFgicPolicies_en-US">Amount Of Insurance In Force For FGIC Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3074" xlink:to="label3074" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="element3075" />
        <label xlink:type="resource" xlink:label="label3075" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AmountOfInsuranceInForceForFgicPolicies_en-US">Amount Of Insurance In Force For Fgic Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3075" xlink:to="label3075" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="element3076" />
        <label xlink:type="resource" xlink:label="label3076" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_en-US">Aggregate amount of insured par outstanding ceded to reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3076" xlink:to="label3076" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="element3077" />
        <label xlink:type="resource" xlink:label="label3077" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_en-US">Aggregate amount of insured par outstanding ceded to reinsurers.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3077" xlink:to="label3077" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="element3078" />
        <label xlink:type="resource" xlink:label="label3078" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_en-US">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3078" xlink:to="label3078" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="element3079" />
        <label xlink:type="resource" xlink:label="label3079" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_en-US">Transactions guaranteed by MBIA on behalf of various investment management service affiliates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3079" xlink:to="label3079" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="element3080" />
        <label xlink:type="resource" xlink:label="label3080" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_en-US">Transactions Guaranteed On Behalf Of Various Affiliates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3080" xlink:to="label3080" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="element3081" />
        <label xlink:type="resource" xlink:label="label3081" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_en-US">Transactions guaranteed on behalf of various affiliates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3081" xlink:to="label3081" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="element3082" />
        <label xlink:type="resource" xlink:label="label3082" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FutureGuaranteePaymentsMaturityRange_en-US">Future guarantee payments, maturity range, (years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3082" xlink:to="label3082" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="element3083" />
        <label xlink:type="resource" xlink:label="label3083" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FutureGuaranteePaymentsMaturityRange_en-US">Future Guarantee Payments Maturity Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3083" xlink:to="label3083" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="element3084" />
        <label xlink:type="resource" xlink:label="label3084" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FutureGuaranteePaymentsMaturityRange_en-US">Future Guarantee Payments Maturity Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3084" xlink:to="label3084" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="element3085" />
        <label xlink:type="resource" xlink:label="label3085" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_en-US">Amount available under these letters of credit and trust arrangements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3085" xlink:to="label3085" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="element3086" />
        <label xlink:type="resource" xlink:label="label3086" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_en-US">Reinsurance Recoverables Secured By Letters Of Credit Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3086" xlink:to="label3086" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="element3087" />
        <label xlink:type="resource" xlink:label="label3087" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_en-US">Reinsurance Recoverables Secured By Letters Of Credit Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3087" xlink:to="label3087" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="element3088" />
        <label xlink:type="resource" xlink:label="label3088" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_en-US">Aggregate amount of insurance in force ceded to reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3088" xlink:to="label3088" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="element3089" />
        <label xlink:type="resource" xlink:label="label3089" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_en-US">Aggregate Amount Insurance In Force Outstanding Ceded To Reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3089" xlink:to="label3089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="element3090" />
        <label xlink:type="resource" xlink:label="label3090" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_en-US">Aggregate Amount Of Insurance In Force Outstanding Ceded To Reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3090" xlink:to="label3090" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="element3091" />
        <label xlink:type="resource" xlink:label="label3091" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GuaranteesOfDerivativeContractsMember_en-US">Guarantees Of Derivative Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3091" xlink:to="label3091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="element3092" />
        <label xlink:type="resource" xlink:label="label3092" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GuaranteesOfDerivativeContractsMember_en-US">Guarantees Of Derivative Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3092" xlink:to="label3092" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementContractsMember" xlink:label="element3093" />
        <label xlink:type="resource" xlink:label="label3093" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentAgreementContractsMember_en-US">Investment Agreement Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3093" xlink:to="label3093" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementContractsMember" xlink:label="element3094" />
        <label xlink:type="resource" xlink:label="label3094" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentAgreementContractsMember_en-US">Investment Agreement Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3094" xlink:to="label3094" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementContractsMember" xlink:label="element3095" />
        <label xlink:type="resource" xlink:label="label3095" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentAgreementContractsMember_en-US">Investment Agreement Contracts and MTNs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3095" xlink:to="label3095" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="element3096" />
        <label xlink:type="resource" xlink:label="label3096" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuarantyInsuranceCompanyMember_en-US">Financial Guaranty Insurance Company [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3096" xlink:to="label3096" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="element3097" />
        <label xlink:type="resource" xlink:label="label3097" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuarantyInsuranceCompanyMember_en-US">Financial Guaranty Insurance Company [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3097" xlink:to="label3097" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="element3098" />
        <label xlink:type="resource" xlink:label="label3098" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SubTotalInsuranceInForceMember_en-US">Sub-Total Insurance In Force [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3098" xlink:to="label3098" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="element3099" />
        <label xlink:type="resource" xlink:label="label3099" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SubTotalInsuranceInForceMember_en-US">Sub-Total Insurance In Force [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3099" xlink:to="label3099" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationallyDiversifiedMember" xlink:label="element3100" />
        <label xlink:type="resource" xlink:label="label3100" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationallyDiversifiedMember_en-US">Nationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3100" xlink:to="label3100" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationallyDiversifiedMember" xlink:label="element3101" />
        <label xlink:type="resource" xlink:label="label3101" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationallyDiversifiedMember_en-US">Nationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3101" xlink:to="label3101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherStatesMember" xlink:label="element3102" />
        <label xlink:type="resource" xlink:label="label3102" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherStatesMember_en-US">Other States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3102" xlink:to="label3102" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherStatesMember" xlink:label="element3103" />
        <label xlink:type="resource" xlink:label="label3103" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherStatesMember_en-US">Other States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3103" xlink:to="label3103" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CountrySpecificMember" xlink:label="element3104" />
        <label xlink:type="resource" xlink:label="label3104" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CountrySpecificMember_en-US">Country Specific [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3104" xlink:to="label3104" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CountrySpecificMember" xlink:label="element3105" />
        <label xlink:type="resource" xlink:label="label3105" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CountrySpecificMember_en-US">Country Specific [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3105" xlink:to="label3105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonUnitedStatesMember" xlink:label="element3106" />
        <label xlink:type="resource" xlink:label="label3106" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonUnitedStatesMember_en-US">Non-United States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3106" xlink:to="label3106" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonUnitedStatesMember" xlink:label="element3107" />
        <label xlink:type="resource" xlink:label="label3107" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonUnitedStatesMember_en-US">Non-United States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3107" xlink:to="label3107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationMember" xlink:label="element3108" />
        <label xlink:type="resource" xlink:label="label3108" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GeneralObligationMember_en-US">General Obligation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3108" xlink:to="label3108" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationMember" xlink:label="element3109" />
        <label xlink:type="resource" xlink:label="label3109" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GeneralObligationMember_en-US">General Obligation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3109" xlink:to="label3109" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="element3110" />
        <label xlink:type="resource" xlink:label="label3110" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GeneralObligationLeaseMember_en-US">General Obligation - Lease [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3110" xlink:to="label3110" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="element3111" />
        <label xlink:type="resource" xlink:label="label3111" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GeneralObligationLeaseMember_en-US">General Obligation - Lease [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3111" xlink:to="label3111" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="element3112" />
        <label xlink:type="resource" xlink:label="label3112" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MunicipalUtilitiesMember_en-US">Municipal Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3112" xlink:to="label3112" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="element3113" />
        <label xlink:type="resource" xlink:label="label3113" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MunicipalUtilitiesMember_en-US">Municipal Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3113" xlink:to="label3113" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxBackedMember" xlink:label="element3114" />
        <label xlink:type="resource" xlink:label="label3114" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxBackedMember_en-US">Tax-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3114" xlink:to="label3114" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxBackedMember" xlink:label="element3115" />
        <label xlink:type="resource" xlink:label="label3115" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxBackedMember_en-US">Tax-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3115" xlink:to="label3115" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransportationMember" xlink:label="element3116" />
        <label xlink:type="resource" xlink:label="label3116" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransportationMember_en-US">Transportation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3116" xlink:to="label3116" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransportationMember" xlink:label="element3117" />
        <label xlink:type="resource" xlink:label="label3117" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransportationMember_en-US">Transportation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3117" xlink:to="label3117" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HigherEducationMember" xlink:label="element3118" />
        <label xlink:type="resource" xlink:label="label3118" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HigherEducationMember_en-US">Higher Education [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3118" xlink:to="label3118" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HigherEducationMember" xlink:label="element3119" />
        <label xlink:type="resource" xlink:label="label3119" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HigherEducationMember_en-US">Higher Education [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3119" xlink:to="label3119" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HealthCareMember" xlink:label="element3120" />
        <label xlink:type="resource" xlink:label="label3120" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HealthCareMember_en-US">Health Care [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3120" xlink:to="label3120" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HealthCareMember" xlink:label="element3121" />
        <label xlink:type="resource" xlink:label="label3121" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HealthCareMember_en-US">Health Care [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3121" xlink:to="label3121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MilitaryHousingMember" xlink:label="element3122" />
        <label xlink:type="resource" xlink:label="label3122" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MilitaryHousingMember_en-US">Military Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3122" xlink:to="label3122" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MilitaryHousingMember" xlink:label="element3123" />
        <label xlink:type="resource" xlink:label="label3123" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MilitaryHousingMember_en-US">Military Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3123" xlink:to="label3123" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="element3124" />
        <label xlink:type="resource" xlink:label="label3124" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestorOwnedUtilitiesMember_en-US">Investor-Owned Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3124" xlink:to="label3124" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="element3125" />
        <label xlink:type="resource" xlink:label="label3125" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestorOwnedUtilitiesMember_en-US">Investor-Owned Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3125" xlink:to="label3125" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalHousingMember" xlink:label="element3126" />
        <label xlink:type="resource" xlink:label="label3126" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MunicipalHousingMember_en-US">Municipal Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3126" xlink:to="label3126" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalHousingMember" xlink:label="element3127" />
        <label xlink:type="resource" xlink:label="label3127" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MunicipalHousingMember_en-US">Municipal Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3127" xlink:to="label3127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StudentLoansMember" xlink:label="element3128" />
        <label xlink:type="resource" xlink:label="label3128" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StudentLoansMember_en-US">Student Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3128" xlink:to="label3128" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StudentLoansMember" xlink:label="element3129" />
        <label xlink:type="resource" xlink:label="label3129" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StudentLoansMember_en-US">Student Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3129" xlink:to="label3129" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPublicFinanceMember" xlink:label="element3130" />
        <label xlink:type="resource" xlink:label="label3130" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPublicFinanceMember_en-US">Other Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3130" xlink:to="label3130" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPublicFinanceMember" xlink:label="element3131" />
        <label xlink:type="resource" xlink:label="label3131" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherPublicFinanceMember_en-US">Other Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3131" xlink:to="label3131" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationalUtilitiesMember" xlink:label="element3132" />
        <label xlink:type="resource" xlink:label="label3132" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InternationalUtilitiesMember_en-US">International Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3132" xlink:to="label3132" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationalUtilitiesMember" xlink:label="element3133" />
        <label xlink:type="resource" xlink:label="label3133" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InternationalUtilitiesMember_en-US">International Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3133" xlink:to="label3133" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="element3134" />
        <label xlink:type="resource" xlink:label="label3134" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SovereignRelatedAndSubSovereignMember_en-US">Sovereign Related And Sub-Sovereign [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3134" xlink:to="label3134" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="element3135" />
        <label xlink:type="resource" xlink:label="label3135" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SovereignRelatedAndSubSovereignMember_en-US">Sovereign Related And Sub-Sovereign [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3135" xlink:to="label3135" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LocalGovernmentsMember" xlink:label="element3136" />
        <label xlink:type="resource" xlink:label="label3136" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LocalGovernmentsMember_en-US">Local Governments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3136" xlink:to="label3136" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LocalGovernmentsMember" xlink:label="element3137" />
        <label xlink:type="resource" xlink:label="label3137" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LocalGovernmentsMember_en-US">Local Governments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3137" xlink:to="label3137" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Moodysa2OrAboveRatingMember" xlink:label="element3138" />
        <label xlink:type="resource" xlink:label="label3138" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Moodysa2OrAboveRatingMember_en-US">Moody's A2 or above [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3138" xlink:to="label3138" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Moodysa2OrAboveRatingMember" xlink:label="element3139" />
        <label xlink:type="resource" xlink:label="label3139" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Moodysa2OrAboveRatingMember_en-US">Moodys A2 Or Above Rating [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3139" xlink:to="label3139" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="element3140" />
        <label xlink:type="resource" xlink:label="label3140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssuredGuarantyCorpMember_en-US">Assured Guaranty Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3140" xlink:to="label3140" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="element3141" />
        <label xlink:type="resource" xlink:label="label3141" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssuredGuarantyCorpMember_en-US">Assured Guaranty Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3141" xlink:to="label3141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="element3142" />
        <label xlink:type="resource" xlink:label="label3142" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssuredGuarantyReLtdMember_en-US">Assured Guaranty Re Ltd [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3142" xlink:to="label3142" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="element3143" />
        <label xlink:type="resource" xlink:label="label3143" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssuredGuarantyReLtdMember_en-US">Assured Guaranty Re Ltd [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3143" xlink:to="label3143" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="element3144" />
        <label xlink:type="resource" xlink:label="label3144" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OverseasPrivateInvestmentCorporationMember_en-US">Overseas Private Investment Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3144" xlink:to="label3144" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="element3145" />
        <label xlink:type="resource" xlink:label="label3145" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OverseasPrivateInvestmentCorporationMember_en-US">Overseas Private Investment Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3145" xlink:to="label3145" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="element3146" />
        <label xlink:type="resource" xlink:label="label3146" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExportDevelopmentCanadaMember_en-US">Export Development Canada [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3146" xlink:to="label3146" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="element3147" />
        <label xlink:type="resource" xlink:label="label3147" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExportDevelopmentCanadaMember_en-US">Export Development Canada [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3147" xlink:to="label3147" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherReinsurersMember" xlink:label="element3148" />
        <label xlink:type="resource" xlink:label="label3148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherReinsurersMember_en-US">Others [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3148" xlink:to="label3148" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherReinsurersMember" xlink:label="element3149" />
        <label xlink:type="resource" xlink:label="label3149" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherReinsurersMember_en-US">Other Reinsurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3149" xlink:to="label3149" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherReinsurersMember" xlink:label="element3150" />
        <label xlink:type="resource" xlink:label="label3150" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherReinsurersMember_en-US">Other Reinsurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3150" xlink:to="label3150" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="element3151" />
        <label xlink:type="resource" xlink:label="label3151" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_en-US">Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3151" xlink:to="label3151" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="element3152" />
        <label xlink:type="resource" xlink:label="label3152" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_en-US">Gross Premium Earned Financial Guarantee</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3152" xlink:to="label3152" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="element3153" />
        <label xlink:type="resource" xlink:label="label3153" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_en-US">Gross Premium Earned Financial Guarantee Insurance Contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3153" xlink:to="label3153" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="element3154" />
        <label xlink:type="resource" xlink:label="label3154" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentInWhollyOwnedSubsidiaries_en-US">Investment in wholly-owned subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3154" xlink:to="label3154" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="element3155" />
        <label xlink:type="resource" xlink:label="label3155" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentInWhollyOwnedSubsidiaries_en-US">Sum of the parent company investments in wholly-owned subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3155" xlink:to="label3155" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="element3156" />
        <label xlink:type="resource" xlink:label="label3156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsPledgedAsCollateralAmortizedCost_en-US">Investments pledged as collateral, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3156" xlink:to="label3156" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="element3157" />
        <label xlink:type="resource" xlink:label="label3157" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsPledgedAsCollateralAmortizedCost_en-US">Investments Pledged As Collateral Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3157" xlink:to="label3157" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="element3158" />
        <label xlink:type="resource" xlink:label="label3158" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsPledgedAsCollateralAmortizedCost_en-US">The amortized cost of investments pledged as collateral.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3158" xlink:to="label3158" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element3159" />
        <label xlink:type="resource" xlink:label="label3159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3159" xlink:to="label3159" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element3160" />
        <label xlink:type="resource" xlink:label="label3160" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity in net income (loss) of subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3160" xlink:to="label3160" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element3161" />
        <label xlink:type="resource" xlink:label="label3161" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity In Net Income Loss Of Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3161" xlink:to="label3161" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element3162" />
        <label xlink:type="resource" xlink:label="label3162" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3162" xlink:to="label3162" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="element3163" />
        <label xlink:type="resource" xlink:label="label3163" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ContributionsToSubsidiaries_en-US">Contributions to subsidiaries, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3163" xlink:to="label3163" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="element3164" />
        <label xlink:type="resource" xlink:label="label3164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ContributionsToSubsidiaries_en-US">Contributions To Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3164" xlink:to="label3164" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="element3165" />
        <label xlink:type="resource" xlink:label="label3165" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ContributionsToSubsidiaries_en-US">Contributions to subsidiaries net of capital returned by subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3165" xlink:to="label3165" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="element3166" />
        <label xlink:type="resource" xlink:label="label3166" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LongTermAvailableForSaleMember_en-US">Long Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3166" xlink:to="label3166" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="element3167" />
        <label xlink:type="resource" xlink:label="label3167" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LongTermAvailableForSaleMember_en-US">Long Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3167" xlink:to="label3167" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="element3168" />
        <label xlink:type="resource" xlink:label="label3168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LongTermAvailableForSaleMember_en-US">Long-Term Available-For-Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3168" xlink:to="label3168" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="element3169" />
        <label xlink:type="resource" xlink:label="label3169" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ShortTermAvailableForSaleMember_en-US">Short Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3169" xlink:to="label3169" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="element3170" />
        <label xlink:type="resource" xlink:label="label3170" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ShortTermAvailableForSaleMember_en-US">Short Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3170" xlink:to="label3170" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="element3171" />
        <label xlink:type="resource" xlink:label="label3171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ShortTermAvailableForSaleMember_en-US">Short-Term Available-For-Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3171" xlink:to="label3171" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="element3172" />
        <label xlink:type="resource" xlink:label="label3172" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EquityAvailableForSaleMember_en-US">Equity Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3172" xlink:to="label3172" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="element3173" />
        <label xlink:type="resource" xlink:label="label3173" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EquityAvailableForSaleMember_en-US">Equity Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3173" xlink:to="label3173" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="element3174" />
        <label xlink:type="resource" xlink:label="label3174" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsAtFairValueMember_en-US">Investments At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3174" xlink:to="label3174" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="element3175" />
        <label xlink:type="resource" xlink:label="label3175" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsAtFairValueMember_en-US">Investments At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3175" xlink:to="label3175" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="element3176" />
        <label xlink:type="resource" xlink:label="label3176" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_en-US">Percentage of Amount Assumed to Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3176" xlink:to="label3176" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="element3177" />
        <label xlink:type="resource" xlink:label="label3177" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_en-US">Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3177" xlink:to="label3177" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="element3178" />
        <label xlink:type="resource" xlink:label="label3178" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_en-US">Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3178" xlink:to="label3178" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="element3179" />
        <label xlink:type="resource" xlink:label="label3179" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpSecuredLoanMember_en-US">Mbia Corp Secured Loan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3179" xlink:to="label3179" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="element3180" />
        <label xlink:type="resource" xlink:label="label3180" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpSecuredLoanMember_en-US">Mbia Corp Secured Loan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3180" xlink:to="label3180" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="element3181" />
        <label xlink:type="resource" xlink:label="label3181" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncNotPledgedAsCollateralMember_en-US">Mbia Inc Not Pledged As Collateral [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3181" xlink:to="label3181" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="element3182" />
        <label xlink:type="resource" xlink:label="label3182" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncNotPledgedAsCollateralMember_en-US">MBIA Inc Not Pledged as Collateral [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3182" xlink:to="label3182" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="element3183" />
        <label xlink:type="resource" xlink:label="label3183" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaServicesCorporationMember_en-US">MBIA Services Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3183" xlink:to="label3183" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="element3184" />
        <label xlink:type="resource" xlink:label="label3184" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaServicesCorporationMember_en-US">MBIA Services Corporation [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3184" xlink:to="label3184" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="element3185" />
        <label xlink:type="resource" xlink:label="label3185" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EuroAssetAcquisitionLimitedMember_en-US">Euro Asset Acquisition Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3185" xlink:to="label3185" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="element3186" />
        <label xlink:type="resource" xlink:label="label3186" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EuroAssetAcquisitionLimitedMember_en-US">Euro Asset Acquisition Limited [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3186" xlink:to="label3186" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="element3187" />
        <label xlink:type="resource" xlink:label="label3187" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsurancePremiumsAbstract_en-US">Insurance Premiums [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3187" xlink:to="label3187" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" xlink:label="element3188" />
        <label xlink:type="resource" xlink:label="label3188" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_en-US">Five years ended, December 31, 2034 and thereafter, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3188" xlink:to="label3188" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" xlink:label="element3189" />
        <label xlink:type="resource" xlink:label="label3189" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Premium Expected To Be Collected During Twenty First Year And Thereafter From Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3189" xlink:to="label3189" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" xlink:label="element3190" />
        <label xlink:type="resource" xlink:label="label3190" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_en-US">For financial guarantee insurance contracts, the aggregate amount of premium related to the premium receivable which is expected to be collected during the twenty first year and thereafter following the statement of financial position reporting date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3190" xlink:to="label3190" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="element3191" />
        <label xlink:type="resource" xlink:label="label3191" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsurancePremiumsLineItems_en-US">Insurance Premiums Line Items</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3191" xlink:to="label3191" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="element3192" />
        <label xlink:type="resource" xlink:label="label3192" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsurancePremiumsLineItems_en-US">Insurance Premiums [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3192" xlink:to="label3192" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="element3193" />
        <label xlink:type="resource" xlink:label="label3193" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_en-US">Five years ended, December 31, 2024, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3193" xlink:to="label3193" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="element3194" />
        <label xlink:type="resource" xlink:label="label3194" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Sixth Through Tenth Year Following Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3194" xlink:to="label3194" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="element3195" />
        <label xlink:type="resource" xlink:label="label3195" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_en-US">Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixth through tenth year following the statement of financial position reporting date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3195" xlink:to="label3195" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="element3196" />
        <label xlink:type="resource" xlink:label="label3196" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_en-US">Five years ended, December 31, 2029, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3196" xlink:to="label3196" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="element3197" />
        <label xlink:type="resource" xlink:label="label3197" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Eleventh Through Fifteenth Year Following Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3197" xlink:to="label3197" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="element3198" />
        <label xlink:type="resource" xlink:label="label3198" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_en-US">Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the eleventh through fifteenth year following the statement of financial position reporting date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3198" xlink:to="label3198" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="element3199" />
        <label xlink:type="resource" xlink:label="label3199" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_en-US">Five years ended, December 31, 2034 and thereafter, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3199" xlink:to="label3199" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="element3200" />
        <label xlink:type="resource" xlink:label="label3200" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Sixteenth Year And Thereafter Following Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3200" xlink:to="label3200" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="element3201" />
        <label xlink:type="resource" xlink:label="label3201" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_en-US">Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixteenth year and thereafter following the statement of financial position reporting date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3201" xlink:to="label3201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="element3202" />
        <label xlink:type="resource" xlink:label="label3202" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsurancePremiumsTableTable_en-US">Insurance Premiums [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3202" xlink:to="label3202" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="element3203" />
        <label xlink:type="resource" xlink:label="label3203" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsurancePremiumsTableTable_en-US">Insurance Premiums [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3203" xlink:to="label3203" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="element3204" />
        <label xlink:type="resource" xlink:label="label3204" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnearnedPremiumRevenueMember_en-US">Unearned Premium Revenue [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3204" xlink:to="label3204" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="element3205" />
        <label xlink:type="resource" xlink:label="label3205" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnearnedPremiumRevenueMember_en-US">Unearned Premium Revenue [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3205" xlink:to="label3205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UpfrontMember" xlink:label="element3206" />
        <label xlink:type="resource" xlink:label="label3206" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UpfrontMember_en-US">Upfront [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3206" xlink:to="label3206" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UpfrontMember" xlink:label="element3207" />
        <label xlink:type="resource" xlink:label="label3207" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UpfrontMember_en-US">Upfront [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3207" xlink:to="label3207" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InstallmentsMember" xlink:label="element3208" />
        <label xlink:type="resource" xlink:label="label3208" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InstallmentsMember_en-US">Installments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3208" xlink:to="label3208" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InstallmentsMember" xlink:label="element3209" />
        <label xlink:type="resource" xlink:label="label3209" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InstallmentsMember_en-US">Installments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3209" xlink:to="label3209" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccretionMember" xlink:label="element3210" />
        <label xlink:type="resource" xlink:label="label3210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccretionMember_en-US">Accretion [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3210" xlink:to="label3210" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccretionMember" xlink:label="element3211" />
        <label xlink:type="resource" xlink:label="label3211" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccretionMember_en-US">Accretion [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3211" xlink:to="label3211" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="element3212" />
        <label xlink:type="resource" xlink:label="label3212" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsLineItems_en-US">Insurance Regulations And Dividends [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3212" xlink:to="label3212" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="element3213" />
        <label xlink:type="resource" xlink:label="label3213" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceRegulationsAndDividendsLineItems_en-US">Insurance Regulations And Dividends Line Items</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3213" xlink:to="label3213" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="element3214" />
        <label xlink:type="resource" xlink:label="label3214" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPolicyholdersSurplus_en-US">Percentage of policyholders' surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3214" xlink:to="label3214" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="element3215" />
        <label xlink:type="resource" xlink:label="label3215" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPolicyholdersSurplus_en-US">Percentage Of Policyholders Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3215" xlink:to="label3215" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="element3216" />
        <label xlink:type="resource" xlink:label="label3216" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeficitOfQualifyingAssets_en-US">Deficit of qualifying assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3216" xlink:to="label3216" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="element3217" />
        <label xlink:type="resource" xlink:label="label3217" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeficitOfQualifyingAssets_en-US">Deficit Of Qualifying Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3217" xlink:to="label3217" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="element3218" />
        <label xlink:type="resource" xlink:label="label3218" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeficitOfQualifyingAssets_en-US">Deficit Of Qualifying Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3218" xlink:to="label3218" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="element3219" />
        <label xlink:type="resource" xlink:label="label3219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RequestedContingencyReserveReleaseToSurplus_en-US">Requested contingency reserve release to surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3219" xlink:to="label3219" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="element3220" />
        <label xlink:type="resource" xlink:label="label3220" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RequestedContingencyReserveReleaseToSurplus_en-US">The amount of contingency reserve requested to be released to surplus.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3220" xlink:to="label3220" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="element3221" />
        <label xlink:type="resource" xlink:label="label3221" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RequestedContingencyReserveReleaseToSurplus_en-US">Requested Contingency Reserve Release To Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3221" xlink:to="label3221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="element3222" />
        <label xlink:type="resource" xlink:label="label3222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfAdjustedNetInvestmentIncome_en-US">Percentage of adjusted net investment income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3222" xlink:to="label3222" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="element3223" />
        <label xlink:type="resource" xlink:label="label3223" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfAdjustedNetInvestmentIncome_en-US">Percentage Of Adjusted Net Investment Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3223" xlink:to="label3223" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="element3224" />
        <label xlink:type="resource" xlink:label="label3224" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfAdjustedNetInvestmentIncome_en-US">Percentage of adjusted net investment income.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3224" xlink:to="label3224" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DividendPayingCapacity" xlink:label="element3225" />
        <label xlink:type="resource" xlink:label="label3225" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DividendPayingCapacity_en-US">Dividend capacity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3225" xlink:to="label3225" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DividendPayingCapacity" xlink:label="element3226" />
        <label xlink:type="resource" xlink:label="label3226" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DividendPayingCapacity_en-US">Dividend Paying Capacity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3226" xlink:to="label3226" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DividendPayingCapacity" xlink:label="element3227" />
        <label xlink:type="resource" xlink:label="label3227" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DividendPayingCapacity_en-US">Dividend paying capacity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3227" xlink:to="label3227" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element3228" />
        <label xlink:type="resource" xlink:label="label3228" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Unassigned surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3228" xlink:to="label3228" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element3229" />
        <label xlink:type="resource" xlink:label="label3229" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Statutory Accounting Practices Unassigned Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3229" xlink:to="label3229" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element3230" />
        <label xlink:type="resource" xlink:label="label3230" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Statutory accounting practices, unassigned surplus.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3230" xlink:to="label3230" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="element3231" />
        <label xlink:type="resource" xlink:label="label3231" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_en-US">Aggregate risk limits exceeded</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3231" xlink:to="label3231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="element3232" />
        <label xlink:type="resource" xlink:label="label3232" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_en-US">Aggregate Risk Limits Exceeded Under New York Insurance Law</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3232" xlink:to="label3232" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="element3233" />
        <label xlink:type="resource" xlink:label="label3233" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_en-US">Aggregate risk limits exceeded under New York Insurance Law (NYIL).</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3233" xlink:to="label3233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="element3234" />
        <label xlink:type="resource" xlink:label="label3234" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_en-US">Statutory net loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3234" xlink:to="label3234" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="element3235" />
        <label xlink:type="resource" xlink:label="label3235" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_en-US">Statutory Accounting Practices Statutory Net Loss Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3235" xlink:to="label3235" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="element3236" />
        <label xlink:type="resource" xlink:label="label3236" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_en-US">Amount of net loss for the period determined using accounting principles prescribed or permitted by insurance regulators.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3236" xlink:to="label3236" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="element3237" />
        <label xlink:type="resource" xlink:label="label3237" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesCapital_en-US">Statutory capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3237" xlink:to="label3237" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="element3238" />
        <label xlink:type="resource" xlink:label="label3238" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesCapital_en-US">Statutory Accounting Practices Capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3238" xlink:to="label3238" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="element3239" />
        <label xlink:type="resource" xlink:label="label3239" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesCapital_en-US">Statutory Accounting Practices defined as policyholders' surplus plus contingency reserves.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3239" xlink:to="label3239" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="element3240" />
        <label xlink:type="resource" xlink:label="label3240" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesSurplus_en-US">Policyholders' surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3240" xlink:to="label3240" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="element3241" />
        <label xlink:type="resource" xlink:label="label3241" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesSurplus_en-US">Statutory Accounting Practices Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3241" xlink:to="label3241" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="element3242" />
        <label xlink:type="resource" xlink:label="label3242" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesSurplus_en-US">Statutory accounting practices, surplus.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3242" xlink:to="label3242" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="element3243" />
        <label xlink:type="resource" xlink:label="label3243" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesContingencyReserves_en-US">Contingency reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3243" xlink:to="label3243" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="element3244" />
        <label xlink:type="resource" xlink:label="label3244" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesContingencyReserves_en-US">Statutory Accounting Practices Contingency Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3244" xlink:to="label3244" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="element3245" />
        <label xlink:type="resource" xlink:label="label3245" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesContingencyReserves_en-US">Statutory accounting practices, contingency reserves.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3245" xlink:to="label3245" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="element3246" />
        <label xlink:type="resource" xlink:label="label3246" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsTable_en-US">Insurance Regulations And Dividends [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3246" xlink:to="label3246" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="element3247" />
        <label xlink:type="resource" xlink:label="label3247" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceRegulationsAndDividendsTable_en-US">Insurance Regulations And Dividends [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3247" xlink:to="label3247" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionTwoMember" xlink:label="element3248" />
        <label xlink:type="resource" xlink:label="label3248" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OptionTwoMember_en-US">Option Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3248" xlink:to="label3248" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionTwoMember" xlink:label="element3249" />
        <label xlink:type="resource" xlink:label="label3249" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OptionTwoMember_en-US">Option Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3249" xlink:to="label3249" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="element3250" />
        <label xlink:type="resource" xlink:label="label3250" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_en-US">Vested after two years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3250" xlink:to="label3250" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="element3251" />
        <label xlink:type="resource" xlink:label="label3251" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_en-US">Percentage Of Pension Benefits Vested Due After Two Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3251" xlink:to="label3251" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="element3252" />
        <label xlink:type="resource" xlink:label="label3252" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_en-US">Percentage of pension benefits vested due after two years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3252" xlink:to="label3252" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="element3253" />
        <label xlink:type="resource" xlink:label="label3253" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_en-US">Vested after three years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3253" xlink:to="label3253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="element3254" />
        <label xlink:type="resource" xlink:label="label3254" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_en-US">Percentage Of Pension Benefits Vested Due After Three Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3254" xlink:to="label3254" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="element3255" />
        <label xlink:type="resource" xlink:label="label3255" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_en-US">Percentage of pension benefits vested due after three years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3255" xlink:to="label3255" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="element3256" />
        <label xlink:type="resource" xlink:label="label3256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_en-US">Vested after four years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3256" xlink:to="label3256" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="element3257" />
        <label xlink:type="resource" xlink:label="label3257" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_en-US">Percentage Of Pension Benefits Vested Due After Four Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3257" xlink:to="label3257" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="element3258" />
        <label xlink:type="resource" xlink:label="label3258" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_en-US">Percentage of pension benefits vested due after four years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3258" xlink:to="label3258" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="element3259" />
        <label xlink:type="resource" xlink:label="label3259" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_en-US">Vested after five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3259" xlink:to="label3259" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="element3260" />
        <label xlink:type="resource" xlink:label="label3260" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_en-US">Percentage Of Pension Benefits Vested Due After Five Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3260" xlink:to="label3260" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="element3261" />
        <label xlink:type="resource" xlink:label="label3261" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_en-US">Percentage of pension benefits vested due after five years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3261" xlink:to="label3261" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="element3262" />
        <label xlink:type="resource" xlink:label="label3262" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QualifiedProfitSharingMember_en-US">Qualified Profit Sharing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3262" xlink:to="label3262" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="element3263" />
        <label xlink:type="resource" xlink:label="label3263" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QualifiedProfitSharingMember_en-US">Qualified Profit Sharing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3263" xlink:to="label3263" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="element3264" />
        <label xlink:type="resource" xlink:label="label3264" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QualifiedProfitSharingMember_en-US">Qualified profit-sharing/401(k) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3264" xlink:to="label3264" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="element3265" />
        <label xlink:type="resource" xlink:label="label3265" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfVotingInterestsOfCompany_en-US">Percentage Of Voting Interests Of Company</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3265" xlink:to="label3265" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="element3266" />
        <label xlink:type="resource" xlink:label="label3266" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfVotingInterestsOfCompany_en-US">Percentage of ownership of the Company defined as principal owners.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3266" xlink:to="label3266" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="element3267" />
        <label xlink:type="resource" xlink:label="label3267" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfVotingInterestsOfCompany_en-US">Principal ownership percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3267" xlink:to="label3267" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfSuretyBonds" xlink:label="element3268" />
        <label xlink:type="resource" xlink:label="label3268" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfSuretyBonds_en-US">Number Of Surety Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3268" xlink:to="label3268" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfSuretyBonds" xlink:label="element3269" />
        <label xlink:type="resource" xlink:label="label3269" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfSuretyBonds_en-US">Number of surety bonds executed to guarantee the payment obligations of the members of the Municipal Bond Insurance Association.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3269" xlink:to="label3269" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfSuretyBonds" xlink:label="element3270" />
        <label xlink:type="resource" xlink:label="label3270" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfSuretyBonds_en-US">Number of executed surety bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3270" xlink:to="label3270" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="element3271" />
        <label xlink:type="resource" xlink:label="label3271" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OutstandingExposureOnSuretyBonds_en-US">Outstanding Exposure On Surety Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3271" xlink:to="label3271" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="element3272" />
        <label xlink:type="resource" xlink:label="label3272" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OutstandingExposureOnSuretyBonds_en-US">Maximum amount the Company would be required to pay on the surety bonds.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3272" xlink:to="label3272" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="element3273" />
        <label xlink:type="resource" xlink:label="label3273" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OutstandingExposureOnSuretyBonds_en-US">Surety bonds maximum exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3273" xlink:to="label3273" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="element3274" />
        <label xlink:type="resource" xlink:label="label3274" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoansToExecutiveOfficersOrDirectors_en-US">Loans To Executive Officers Or Directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3274" xlink:to="label3274" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="element3275" />
        <label xlink:type="resource" xlink:label="label3275" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoansToExecutiveOfficersOrDirectors_en-US">Number of loans made to executive officers or directors of teh Company.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3275" xlink:to="label3275" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="element3276" />
        <label xlink:type="resource" xlink:label="label3276" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoansToExecutiveOfficersOrDirectors_en-US">Number of loans to executive officers or directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3276" xlink:to="label3276" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="element3277" />
        <label xlink:type="resource" xlink:label="label3277" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_en-US">Preferred Stock Of Subsidiary And Noncontrolling Interest Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3277" xlink:to="label3277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="element3278" />
        <label xlink:type="resource" xlink:label="label3278" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_en-US">Preferred stock of subsidiary and noncontrolling interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3278" xlink:to="label3278" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="element3279" />
        <label xlink:type="resource" xlink:label="label3279" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_en-US">Sum of preferred stock of subsidiary and non-controlling interest in subsidiary.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3279" xlink:to="label3279" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="element3280" />
        <label xlink:type="resource" xlink:label="label3280" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_en-US">Beginning balance (preferred and non-controlling value)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3280" xlink:to="label3280" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="element3281" />
        <label xlink:type="resource" xlink:label="label3281" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_en-US">Ending balance (preferred and non-controlling value)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3281" xlink:to="label3281" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="element3282" />
        <label xlink:type="resource" xlink:label="label3282" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfCreditSupportAnnexes_en-US">Number Of Credit Support Annexes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3282" xlink:to="label3282" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="element3283" />
        <label xlink:type="resource" xlink:label="label3283" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfCreditSupportAnnexes_en-US">Number of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3283" xlink:to="label3283" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="element3284" />
        <label xlink:type="resource" xlink:label="label3284" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfCreditSupportAnnexes_en-US">Number of credit support annexes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3284" xlink:to="label3284" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="element3285" />
        <label xlink:type="resource" xlink:label="label3285" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3285" xlink:to="label3285" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="element3286" />
        <label xlink:type="resource" xlink:label="label3286" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_en-US">Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3286" xlink:to="label3286" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="element3287" />
        <label xlink:type="resource" xlink:label="label3287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_en-US">Other-than-temporary impairments and unrealized gains (losses) arising during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3287" xlink:to="label3287" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="element3288" />
        <label xlink:type="resource" xlink:label="label3288" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3288" xlink:to="label3288" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="element3289" />
        <label xlink:type="resource" xlink:label="label3289" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_en-US">Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3289" xlink:to="label3289" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="element3290" />
        <label xlink:type="resource" xlink:label="label3290" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3290" xlink:to="label3290" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element3291" />
        <label xlink:type="resource" xlink:label="label3291" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3291" xlink:to="label3291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element3292" />
        <label xlink:type="resource" xlink:label="label3292" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3292" xlink:to="label3292" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element3293" />
        <label xlink:type="resource" xlink:label="label3293" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3293" xlink:to="label3293" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element3294" />
        <label xlink:type="resource" xlink:label="label3294" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3294" xlink:to="label3294" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element3295" />
        <label xlink:type="resource" xlink:label="label3295" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale And For Writedown Of Securities Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3295" xlink:to="label3295" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element3296" />
        <label xlink:type="resource" xlink:label="label3296" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3296" xlink:to="label3296" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element3297" />
        <label xlink:type="resource" xlink:label="label3297" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Reclassification adjustments for gains (losses) included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3297" xlink:to="label3297" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element3298" />
        <label xlink:type="resource" xlink:label="label3298" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3298" xlink:to="label3298" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element3299" />
        <label xlink:type="resource" xlink:label="label3299" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale And For Writedown Of Securities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3299" xlink:to="label3299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element3300" />
        <label xlink:type="resource" xlink:label="label3300" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3300" xlink:to="label3300" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element3301" />
        <label xlink:type="resource" xlink:label="label3301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3301" xlink:to="label3301" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element3302" />
        <label xlink:type="resource" xlink:label="label3302" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3302" xlink:to="label3302" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element3303" />
        <label xlink:type="resource" xlink:label="label3303" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale And For Writedown Of Securities Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3303" xlink:to="label3303" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element3304" />
        <label xlink:type="resource" xlink:label="label3304" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3304" xlink:to="label3304" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element3305" />
        <label xlink:type="resource" xlink:label="label3305" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3305" xlink:to="label3305" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element3306" />
        <label xlink:type="resource" xlink:label="label3306" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3306" xlink:to="label3306" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element3307" />
        <label xlink:type="resource" xlink:label="label3307" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3307" xlink:to="label3307" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessSpreadMember" xlink:label="element3308" />
        <label xlink:type="resource" xlink:label="label3308" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExcessSpreadMember_en-US">Excess Spread [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3308" xlink:to="label3308" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessSpreadMember" xlink:label="element3309" />
        <label xlink:type="resource" xlink:label="label3309" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExcessSpreadMember_en-US">Excess Spread [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3309" xlink:to="label3309" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="element3310" />
        <label xlink:type="resource" xlink:label="label3310" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3310" xlink:to="label3310" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="element3311" />
        <label xlink:type="resource" xlink:label="label3311" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_en-US">Changes in the timing and amount of net payments on financial guarantee contracts.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3311" xlink:to="label3311" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="element3312" />
        <label xlink:type="resource" xlink:label="label3312" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3312" xlink:to="label3312" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="element3313" />
        <label xlink:type="resource" xlink:label="label3313" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3313" xlink:to="label3313" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="element3314" />
        <label xlink:type="resource" xlink:label="label3314" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_en-US">Changes in the timing and amount of net collections on financial guarantee contracts.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3314" xlink:to="label3314" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="element3315" />
        <label xlink:type="resource" xlink:label="label3315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3315" xlink:to="label3315" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VieInterestNet" xlink:label="element3316" />
        <label xlink:type="resource" xlink:label="label3316" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VieInterestNet_en-US">Vie Interest Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3316" xlink:to="label3316" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VieInterestNet" xlink:label="element3317" />
        <label xlink:type="resource" xlink:label="label3317" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_VieInterestNet_en-US">Net interest received (paid) on consolidated variable interest entities whose assets and liabilities are not carried at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3317" xlink:to="label3317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VieInterestNet" xlink:label="element3318" />
        <label xlink:type="resource" xlink:label="label3318" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_VieInterestNet_en-US">Interest on variable interest entities, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3318" xlink:to="label3318" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="element3319" />
        <label xlink:type="resource" xlink:label="label3319" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_en-US">Line Of Credit Facility Interest And Commitment Fee Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3319" xlink:to="label3319" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="element3320" />
        <label xlink:type="resource" xlink:label="label3320" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_en-US">The amount of interest and commitment fee incurred for the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3320" xlink:to="label3320" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="element3321" />
        <label xlink:type="resource" xlink:label="label3321" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_en-US">Line of credit interest and commitment fee</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3321" xlink:to="label3321" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarburgPincusMember" xlink:label="element3322" />
        <label xlink:type="resource" xlink:label="label3322" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WarburgPincusMember_en-US">Warburg Pincus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3322" xlink:to="label3322" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarburgPincusMember" xlink:label="element3323" />
        <label xlink:type="resource" xlink:label="label3323" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WarburgPincusMember_en-US">Warburg Pincus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3323" xlink:to="label3323" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeadcountReductionPercentage" xlink:label="element3324" />
        <label xlink:type="resource" xlink:label="label3324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeadcountReductionPercentage_en-US">Headcount Reduction Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3324" xlink:to="label3324" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeadcountReductionPercentage" xlink:label="element3325" />
        <label xlink:type="resource" xlink:label="label3325" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeadcountReductionPercentage_en-US">Percentage of headcount reduction.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3325" xlink:to="label3325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeadcountReductionPercentage" xlink:label="element3326" />
        <label xlink:type="resource" xlink:label="label3326" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_HeadcountReductionPercentage_en-US">Headcount reduction percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3326" xlink:to="label3326" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalHoldingsMember" xlink:label="element3327" />
        <label xlink:type="resource" xlink:label="label3327" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalHoldingsMember_en-US">National Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3327" xlink:to="label3327" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalHoldingsMember" xlink:label="element3328" />
        <label xlink:type="resource" xlink:label="label3328" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalHoldingsMember_en-US">National Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3328" xlink:to="label3328" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapRecoveryPerDisclosureStatement" xlink:label="element3329" />
        <label xlink:type="resource" xlink:label="label3329" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RescapRecoveryPerDisclosureStatement_en-US">Rescap Recovery Per Disclosure Statement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3329" xlink:to="label3329" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapRecoveryPerDisclosureStatement" xlink:label="element3330" />
        <label xlink:type="resource" xlink:label="label3330" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RescapRecoveryPerDisclosureStatement_en-US">Rescap Recovery Per Disclosure Statement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3330" xlink:to="label3330" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapRecoveryPerDisclosureStatement" xlink:label="element3331" />
        <label xlink:type="resource" xlink:label="label3331" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RescapRecoveryPerDisclosureStatement_en-US">ResCap recovery per disclosure statement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3331" xlink:to="label3331" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="element3332" />
        <label xlink:type="resource" xlink:label="label3332" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_en-US">Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3332" xlink:to="label3332" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="element3333" />
        <label xlink:type="resource" xlink:label="label3333" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_en-US">Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3333" xlink:to="label3333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="element3334" />
        <label xlink:type="resource" xlink:label="label3334" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_en-US">Total available-for-sale, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3334" xlink:to="label3334" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element3335" />
        <label xlink:type="resource" xlink:label="label3335" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3335" xlink:to="label3335" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element3336" />
        <label xlink:type="resource" xlink:label="label3336" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">This item represents the excess of amortized cost over fair value of securities in a loss position and which are categorized as held-to-maturity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3336" xlink:to="label3336" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element3337" />
        <label xlink:type="resource" xlink:label="label3337" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">Total held-to-maturity, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3337" xlink:to="label3337" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="element3338" />
        <label xlink:type="resource" xlink:label="label3338" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SegmentRevenue_en-US">Segment Revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3338" xlink:to="label3338" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="element3339" />
        <label xlink:type="resource" xlink:label="label3339" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SegmentRevenue_en-US">Amount of total revenue for the reportable segments, including revenue from external customers, transactions with other operating segments of the same entity, and (gross) interest revenue. All considered to be "operating revenue" for purposes of the taxonomy.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3339" xlink:to="label3339" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="element3340" />
        <label xlink:type="resource" xlink:label="label3340" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_SegmentRevenue_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3340" xlink:to="label3340" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="element3341" />
        <label xlink:type="resource" xlink:label="label3341" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SegmentExpense_en-US">Segment Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3341" xlink:to="label3341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="element3342" />
        <label xlink:type="resource" xlink:label="label3342" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SegmentExpense_en-US">Amount of total expense for the reportable segments, including expense from external customers, transactions with other operating segments of the same entity, and (gross) interest expense. All considered to be "operating expense" for purposes of the taxonomy.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3342" xlink:to="label3342" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="element3343" />
        <label xlink:type="resource" xlink:label="label3343" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_SegmentExpense_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3343" xlink:to="label3343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="element3344" />
        <label xlink:type="resource" xlink:label="label3344" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SegmentPretaxIncomeLoss_en-US">Segment Pretax Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3344" xlink:to="label3344" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="element3345" />
        <label xlink:type="resource" xlink:label="label3345" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SegmentPretaxIncomeLoss_en-US">Total pre-tax income (loss) for each reportable segment of the entity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3345" xlink:to="label3345" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="element3346" />
        <label xlink:type="resource" xlink:label="label3346" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_SegmentPretaxIncomeLoss_en-US">Income (loss) before income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3346" xlink:to="label3346" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleLoanRecoveriesMember" xlink:label="element3347" />
        <label xlink:type="resource" xlink:label="label3347" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IneligibleLoanRecoveriesMember_en-US">Ineligible Loan Recoveries [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3347" xlink:to="label3347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleLoanRecoveriesMember" xlink:label="element3348" />
        <label xlink:type="resource" xlink:label="label3348" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IneligibleLoanRecoveriesMember_en-US">Ineligible Loan Recoveries [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3348" xlink:to="label3348" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleLoanRecoveriesMember" xlink:label="element3349" />
        <label xlink:type="resource" xlink:label="label3349" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IneligibleLoanRecoveriesMember_en-US">Ineligible Loan Recoveries [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3349" xlink:to="label3349" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="element3350" />
        <label xlink:type="resource" xlink:label="label3350" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalEstimatedInsuranceRecoveries_en-US">Total Estimated Insurance Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3350" xlink:to="label3350" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="element3351" />
        <label xlink:type="resource" xlink:label="label3351" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalEstimatedInsuranceRecoveries_en-US">Total Estimated Insurance Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3351" xlink:to="label3351" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="element3352" />
        <label xlink:type="resource" xlink:label="label3352" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalEstimatedInsuranceRecoveries_en-US">Total estimated insurance recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3352" xlink:to="label3352" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="element3353" />
        <label xlink:type="resource" xlink:label="label3353" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_en-US">Face value of repurchased preferred stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3353" xlink:to="label3353" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="element3354" />
        <label xlink:type="resource" xlink:label="label3354" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_en-US">Percentage Of Face Value Of Repurchased Preferred Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3354" xlink:to="label3354" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="element3355" />
        <label xlink:type="resource" xlink:label="label3355" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_en-US">Percentage of face value of repurchased preferred stock.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3355" xlink:to="label3355" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="element3356" />
        <label xlink:type="resource" xlink:label="label3356" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonPaymentOfDividendsOnPreferredStock_en-US">Period of non payment of dividends on preferred stock, months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3356" xlink:to="label3356" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="element3357" />
        <label xlink:type="resource" xlink:label="label3357" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonPaymentOfDividendsOnPreferredStock_en-US">Non Payment Of Dividends On Preferred Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3357" xlink:to="label3357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="element3358" />
        <label xlink:type="resource" xlink:label="label3358" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonPaymentOfDividendsOnPreferredStock_en-US">Non payment of dividends on preferred stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3358" xlink:to="label3358" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfDirectors" xlink:label="element3359" />
        <label xlink:type="resource" xlink:label="label3359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfDirectors_en-US">Number of new directors elected</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3359" xlink:to="label3359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfDirectors" xlink:label="element3360" />
        <label xlink:type="resource" xlink:label="label3360" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfDirectors_en-US">Number Of Directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3360" xlink:to="label3360" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfDirectors" xlink:label="element3361" />
        <label xlink:type="resource" xlink:label="label3361" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfDirectors_en-US">Number of directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3361" xlink:to="label3361" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="element3362" />
        <label xlink:type="resource" xlink:label="label3362" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommonAndPreferredStockTable_en-US">Common And Preferred Stock [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3362" xlink:to="label3362" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="element3363" />
        <label xlink:type="resource" xlink:label="label3363" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommonAndPreferredStockTable_en-US">Common And Preferred Stock [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3363" xlink:to="label3363" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="element3364" />
        <label xlink:type="resource" xlink:label="label3364" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LongTermIncentivePlanMember_en-US">Long-Term Incentive Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3364" xlink:to="label3364" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="element3365" />
        <label xlink:type="resource" xlink:label="label3365" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LongTermIncentivePlanMember_en-US">Long Term Incentive Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3365" xlink:to="label3365" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBWarrantsMember" xlink:label="element3366" />
        <label xlink:type="resource" xlink:label="label3366" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassBWarrantsMember_en-US">B Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3366" xlink:to="label3366" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBWarrantsMember" xlink:label="element3367" />
        <label xlink:type="resource" xlink:label="label3367" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassBWarrantsMember_en-US">Class B Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3367" xlink:to="label3367" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBWarrantsMember" xlink:label="element3368" />
        <label xlink:type="resource" xlink:label="label3368" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassBWarrantsMember_en-US">Class B Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3368" xlink:to="label3368" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="element3369" />
        <label xlink:type="resource" xlink:label="label3369" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassBTwoWarrantsMember_en-US">B2 Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3369" xlink:to="label3369" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="element3370" />
        <label xlink:type="resource" xlink:label="label3370" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassBTwoWarrantsMember_en-US">Class B Two Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3370" xlink:to="label3370" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="element3371" />
        <label xlink:type="resource" xlink:label="label3371" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassBTwoWarrantsMember_en-US">Class B Two Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3371" xlink:to="label3371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="element3372" />
        <label xlink:type="resource" xlink:label="label3372" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnaffiliatedInvestorsMember_en-US">Unaffiliated Investors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3372" xlink:to="label3372" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="element3373" />
        <label xlink:type="resource" xlink:label="label3373" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnaffiliatedInvestorsMember_en-US">Unaffiliated Investors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3373" xlink:to="label3373" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="element3374" />
        <label xlink:type="resource" xlink:label="label3374" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_en-US">Two Thousand And Seven Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3374" xlink:to="label3374" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="element3375" />
        <label xlink:type="resource" xlink:label="label3375" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_en-US">Two Thousand And Seven Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3375" xlink:to="label3375" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="element3376" />
        <label xlink:type="resource" xlink:label="label3376" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_en-US">2007 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3376" xlink:to="label3376" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceCorporationMember" xlink:label="element3377" />
        <label xlink:type="resource" xlink:label="label3377" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceCorporationMember_en-US">Insurance Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3377" xlink:to="label3377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceCorporationMember" xlink:label="element3378" />
        <label xlink:type="resource" xlink:label="label3378" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceCorporationMember_en-US">MBIA Insurance Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3378" xlink:to="label3378" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceCorporationMember" xlink:label="element3379" />
        <label xlink:type="resource" xlink:label="label3379" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceCorporationMember_en-US">Insurance Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3379" xlink:to="label3379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="element3380" />
        <label xlink:type="resource" xlink:label="label3380" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_en-US">Liability For Claims And Claims Adjustment Expense Insured By Financial Guarantor</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3380" xlink:to="label3380" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="element3381" />
        <label xlink:type="resource" xlink:label="label3381" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3381" xlink:to="label3381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="element3382" />
        <label xlink:type="resource" xlink:label="label3382" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_en-US">The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events by financial guarantor that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3382" xlink:to="label3382" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedPensionMember" xlink:label="element3383" />
        <label xlink:type="resource" xlink:label="label3383" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonqualifiedPensionMember_en-US">Nonqualified Pension [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3383" xlink:to="label3383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedPensionMember" xlink:label="element3384" />
        <label xlink:type="resource" xlink:label="label3384" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonqualifiedPensionMember_en-US">Non-qualified pension [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3384" xlink:to="label3384" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="element3385" />
        <label xlink:type="resource" xlink:label="label3385" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonqualifiedProfitSharingMember_en-US">Nonqualified Profit Sharing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3385" xlink:to="label3385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="element3386" />
        <label xlink:type="resource" xlink:label="label3386" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonqualifiedProfitSharingMember_en-US">Non-qualified profit-sharing/401(k) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3386" xlink:to="label3386" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossupWarrantMember" xlink:label="element3387" />
        <label xlink:type="resource" xlink:label="label3387" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossupWarrantMember_en-US">Grossup Warrant [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3387" xlink:to="label3387" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element3388" />
        <label xlink:type="resource" xlink:label="label3388" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Income Loss Before Income Taxes And Equity In Earnings Of Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3388" xlink:to="label3388" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element3389" />
        <label xlink:type="resource" xlink:label="label3389" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Amount of income (loss) before income taxes and equity in the earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3389" xlink:to="label3389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element3390" />
        <label xlink:type="resource" xlink:label="label3390" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Gain (loss) before income taxes and equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3390" xlink:to="label3390" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element3391" />
        <label xlink:type="resource" xlink:label="label3391" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Income Loss Before Equity In Earnings Of Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3391" xlink:to="label3391" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element3392" />
        <label xlink:type="resource" xlink:label="label3392" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Amount of income (loss) before equity in the earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3392" xlink:to="label3392" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element3393" />
        <label xlink:type="resource" xlink:label="label3393" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Gain (loss) before equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3393" xlink:to="label3393" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="element3394" />
        <label xlink:type="resource" xlink:label="label3394" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaAssetFinanceMember_en-US">MBIA Asset Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3394" xlink:to="label3394" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="element3395" />
        <label xlink:type="resource" xlink:label="label3395" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaAssetFinanceMember_en-US">MBIA Asset Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3395" xlink:to="label3395" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="element3396" />
        <label xlink:type="resource" xlink:label="label3396" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaAssetFinanceMember_en-US">MBIA Asset Finance, LLC [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3396" xlink:to="label3396" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="element3397" />
        <label xlink:type="resource" xlink:label="label3397" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalPublicFinanceGuaranteeHoldingsMember_en-US">National Public Finance Guarantee Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3397" xlink:to="label3397" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="element3398" />
        <label xlink:type="resource" xlink:label="label3398" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalPublicFinanceGuaranteeHoldingsMember_en-US">National Public Finance Guarantee Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3398" xlink:to="label3398" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="element3399" />
        <label xlink:type="resource" xlink:label="label3399" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NationalPublicFinanceGuaranteeHoldingsMember_en-US">National Public Finance Guarantee Holdings, Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3399" xlink:to="label3399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapmacHoldingsMember" xlink:label="element3400" />
        <label xlink:type="resource" xlink:label="label3400" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CapmacHoldingsMember_en-US">Capmac Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3400" xlink:to="label3400" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapmacHoldingsMember" xlink:label="element3401" />
        <label xlink:type="resource" xlink:label="label3401" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CapmacHoldingsMember_en-US">Capmac Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3401" xlink:to="label3401" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapmacHoldingsMember" xlink:label="element3402" />
        <label xlink:type="resource" xlink:label="label3402" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CapmacHoldingsMember_en-US">CapMAC Holdings Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3402" xlink:to="label3402" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="element3403" />
        <label xlink:type="resource" xlink:label="label3403" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_en-US">Aggregate Principal Amount In Excess Of FailureTo Make Payment At Maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3403" xlink:to="label3403" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="element3404" />
        <label xlink:type="resource" xlink:label="label3404" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_en-US">Aggregate Principal Amount In Excess Of FailureTo Make Payment At Maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3404" xlink:to="label3404" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="element3405" />
        <label xlink:type="resource" xlink:label="label3405" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_en-US">Aggregate principal amount in excess of stated amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3405" xlink:to="label3405" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesAtParValueOwnedByCorporateSegment" xlink:label="element3406" />
        <label xlink:type="resource" xlink:label="label3406" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_en-US">Surplus Notes At Par Value Owned By Corporate Segment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3406" xlink:to="label3406" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesAtParValueOwnedByCorporateSegment" xlink:label="element3407" />
        <label xlink:type="resource" xlink:label="label3407" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_en-US">Surplus Notes At Par Value Owned By Corporate Segment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3407" xlink:to="label3407" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesAtParValueOwnedByCorporateSegment" xlink:label="element3408" />
        <label xlink:type="resource" xlink:label="label3408" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_en-US">Surplus notes purchased at par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3408" xlink:to="label3408" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesRepurchasedAtOutstandingParValue" xlink:label="element3409" />
        <label xlink:type="resource" xlink:label="label3409" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusNotesRepurchasedAtOutstandingParValue_en-US">Surplus Notes Repurchased At Outstanding Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3409" xlink:to="label3409" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesRepurchasedAtOutstandingParValue" xlink:label="element3410" />
        <label xlink:type="resource" xlink:label="label3410" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusNotesRepurchasedAtOutstandingParValue_en-US">Surplus Notes Repurchased At Outstanding Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3410" xlink:to="label3410" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesRepurchasedAtOutstandingParValue" xlink:label="element3411" />
        <label xlink:type="resource" xlink:label="label3411" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurplusNotesRepurchasedAtOutstandingParValue_en-US">Surplus notes repurchased at outstanding par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3411" xlink:to="label3411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="element3412" />
        <label xlink:type="resource" xlink:label="label3412" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusNotesWeightedAveragePricePerUnit_en-US">Surplus Notes Weighted Average Price Per Unit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3412" xlink:to="label3412" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="element3413" />
        <label xlink:type="resource" xlink:label="label3413" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusNotesWeightedAveragePricePerUnit_en-US">Surplus Notes Weighted Average Price Per Unit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3413" xlink:to="label3413" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="element3414" />
        <label xlink:type="resource" xlink:label="label3414" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurplusNotesWeightedAveragePricePerUnit_en-US">Surplus notes, weighted average price per unit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3414" xlink:to="label3414" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="element3415" />
        <label xlink:type="resource" xlink:label="label3415" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAveragePriceOfSeniorNotes_en-US">Weighted Average Price Of Senior Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3415" xlink:to="label3415" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="element3416" />
        <label xlink:type="resource" xlink:label="label3416" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAveragePriceOfSeniorNotes_en-US">Weighted Average Price Of Senior Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3416" xlink:to="label3416" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="element3417" />
        <label xlink:type="resource" xlink:label="label3417" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAveragePriceOfSeniorNotes_en-US">Weighted average price of senior notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3417" xlink:to="label3417" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="element3418" />
        <label xlink:type="resource" xlink:label="label3418" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberPooledInvestmentPrograms_en-US">Number Pooled Investment Programs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3418" xlink:to="label3418" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="element3419" />
        <label xlink:type="resource" xlink:label="label3419" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberPooledInvestmentPrograms_en-US">Number Of Pooled Investment Programs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3419" xlink:to="label3419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="element3420" />
        <label xlink:type="resource" xlink:label="label3420" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberPooledInvestmentPrograms_en-US">Number of pooled investment programs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3420" xlink:to="label3420" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterIscMember" xlink:label="element3421" />
        <label xlink:type="resource" xlink:label="label3421" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CutwaterIscMember_en-US">Cutwater Isc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3421" xlink:to="label3421" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterIscMember" xlink:label="element3422" />
        <label xlink:type="resource" xlink:label="label3422" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CutwaterIscMember_en-US">Cutwater Isc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3422" xlink:to="label3422" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterIscMember" xlink:label="element3423" />
        <label xlink:type="resource" xlink:label="label3423" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CutwaterIscMember_en-US">Cutwater ISC [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3423" xlink:to="label3423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BoardOfDirectorsMember" xlink:label="element3424" />
        <label xlink:type="resource" xlink:label="label3424" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BoardOfDirectorsMember_en-US">Board Of Directors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3424" xlink:to="label3424" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BoardOfDirectorsMember" xlink:label="element3425" />
        <label xlink:type="resource" xlink:label="label3425" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BoardOfDirectorsMember_en-US">Board Of Directors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3425" xlink:to="label3425" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="element3426" />
        <label xlink:type="resource" xlink:label="label3426" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumPercentageOfNotionalAssetSwap_en-US">Maximum Percentage Of Notional Asset Swap</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3426" xlink:to="label3426" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="element3427" />
        <label xlink:type="resource" xlink:label="label3427" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumPercentageOfNotionalAssetSwap_en-US">Maximum percentage of admitted assets the asset swap can be without three month notice to initiate cash dividends.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3427" xlink:to="label3427" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="element3428" />
        <label xlink:type="resource" xlink:label="label3428" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumPercentageOfNotionalAssetSwap_en-US">Maximum percentage of notional asset swap</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3428" xlink:to="label3428" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="element3429" />
        <label xlink:type="resource" xlink:label="label3429" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsInCertainQualifingAssets_en-US">Investments In Certain Qualifing Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3429" xlink:to="label3429" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="element3430" />
        <label xlink:type="resource" xlink:label="label3430" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsInCertainQualifingAssets_en-US">Percentage required to be invested in certain qualifing assets.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3430" xlink:to="label3430" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="element3431" />
        <label xlink:type="resource" xlink:label="label3431" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsInCertainQualifingAssets_en-US">Investments in certain qualifing assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3431" xlink:to="label3431" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="element3432" />
        <label xlink:type="resource" xlink:label="label3432" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MinimumSurplusAndContingencyReservesMember_en-US">Minimum Surplus And Contingency Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3432" xlink:to="label3432" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="element3433" />
        <label xlink:type="resource" xlink:label="label3433" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MinimumSurplusAndContingencyReservesMember_en-US">Minimum Surplus And Contingency Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3433" xlink:to="label3433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="element3434" />
        <label xlink:type="resource" xlink:label="label3434" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossReservesAndUnearnedPremiumReservesMember_en-US">Loss Reserves And Unearned Premium Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3434" xlink:to="label3434" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="element3435" />
        <label xlink:type="resource" xlink:label="label3435" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossReservesAndUnearnedPremiumReservesMember_en-US">Loss Reserves And Unearned Premium Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3435" xlink:to="label3435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="element3436" />
        <label xlink:type="resource" xlink:label="label3436" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutorySurplusNegativeImpact_en-US">Statutory Surplus Negative Impact</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3436" xlink:to="label3436" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="element3437" />
        <label xlink:type="resource" xlink:label="label3437" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutorySurplusNegativeImpact_en-US">Impact on statutory surplus due to maximum amount of investment in subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3437" xlink:to="label3437" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="element3438" />
        <label xlink:type="resource" xlink:label="label3438" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutorySurplusNegativeImpact_en-US">Statutory surplus negative impact</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3438" xlink:to="label3438" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="element3439" />
        <label xlink:type="resource" xlink:label="label3439" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_en-US">Maximum Percentage Of Statutory Admitted Assets Invested In Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3439" xlink:to="label3439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="element3440" />
        <label xlink:type="resource" xlink:label="label3440" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_en-US">Maximum percentage of statutory admitted assets allowed to be invested in subsidaries under New York insurance laws.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3440" xlink:to="label3440" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="element3441" />
        <label xlink:type="resource" xlink:label="label3441" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_en-US">Maximum percentage of statutory admitted assets invested in subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3441" xlink:to="label3441" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="element3442" />
        <label xlink:type="resource" xlink:label="label3442" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PolicyholdersSurplusMember_en-US">Policyholders Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3442" xlink:to="label3442" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="element3443" />
        <label xlink:type="resource" xlink:label="label3443" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PolicyholdersSurplusMember_en-US">Policyholders Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3443" xlink:to="label3443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusMember" xlink:label="element3444" />
        <label xlink:type="resource" xlink:label="label3444" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusMember_en-US">Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3444" xlink:to="label3444" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusMember" xlink:label="element3445" />
        <label xlink:type="resource" xlink:label="label3445" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusMember_en-US">Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3445" xlink:to="label3445" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" xlink:label="element3446" />
        <label xlink:type="resource" xlink:label="label3446" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_en-US">Quoted Market Prices Adjusted For Financial Guarantees Provided To Vie Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3446" xlink:to="label3446" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" xlink:label="element3447" />
        <label xlink:type="resource" xlink:label="label3447" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_en-US">Quoted market prices adjusted for financial guarantees provided to VIE obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3447" xlink:to="label3447" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" xlink:label="element3448" />
        <label xlink:type="resource" xlink:label="label3448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_en-US">Quoted market prices adjusted for financial guarantees provided to VIE obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3448" xlink:to="label3448" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowMember" xlink:label="element3449" />
        <label xlink:type="resource" xlink:label="label3449" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountedCashFlowMember_en-US">Discounted Cash Flow [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3449" xlink:to="label3449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowMember" xlink:label="element3450" />
        <label xlink:type="resource" xlink:label="label3450" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountedCashFlowMember_en-US">Discounted cash flow</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3450" xlink:to="label3450" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowMember" xlink:label="element3451" />
        <label xlink:type="resource" xlink:label="label3451" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DiscountedCashFlowMember_en-US">Discounted cash flow [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3451" xlink:to="label3451" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="element3452" />
        <label xlink:type="resource" xlink:label="label3452" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_en-US">Quoted Market Prices Of Vie Assets Adjusted For Financial Guarantees Provided [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3452" xlink:to="label3452" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="element3453" />
        <label xlink:type="resource" xlink:label="label3453" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_en-US">Quoted market prices of VIE assets adjusted for financial guarantees provided</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3453" xlink:to="label3453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="element3454" />
        <label xlink:type="resource" xlink:label="label3454" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_en-US">Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3454" xlink:to="label3454" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="element3455" />
        <label xlink:type="resource" xlink:label="label3455" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsSegmentMember_en-US">Asset Liability Products Segment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3455" xlink:to="label3455" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="element3456" />
        <label xlink:type="resource" xlink:label="label3456" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsSegmentMember_en-US">Asset Liability Products Segment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3456" xlink:to="label3456" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="element3457" />
        <label xlink:type="resource" xlink:label="label3457" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsiderationForWarrantsIssuedShares_en-US">Consideration For Warrants Issued Shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3457" xlink:to="label3457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="element3458" />
        <label xlink:type="resource" xlink:label="label3458" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsiderationForWarrantsIssuedShares_en-US">Number of shares received for warrants issues and put into treasury.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3458" xlink:to="label3458" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="element3459" />
        <label xlink:type="resource" xlink:label="label3459" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsiderationForWarrantsIssuedShares_en-US">Consideration for warrants issued in shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3459" xlink:to="label3459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="element3460" />
        <label xlink:type="resource" xlink:label="label3460" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsiderationForWarrantsIssuedAmount_en-US">Consideration For Warrants Issued Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3460" xlink:to="label3460" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="element3461" />
        <label xlink:type="resource" xlink:label="label3461" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsiderationForWarrantsIssuedAmount_en-US">Value of shares received into treasury for warrants isued.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3461" xlink:to="label3461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="element3462" />
        <label xlink:type="resource" xlink:label="label3462" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsiderationForWarrantsIssuedAmount_en-US">Consideration for warrants issued amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3462" xlink:to="label3462" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="element3463" />
        <label xlink:type="resource" xlink:label="label3463" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_en-US">Schedule Of Revised Basic And Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3463" xlink:to="label3463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="element3464" />
        <label xlink:type="resource" xlink:label="label3464" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_en-US">Schedule Of Revised Basic And Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3464" xlink:to="label3464" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="element3465" />
        <label xlink:type="resource" xlink:label="label3465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_en-US">Schedule Of Revised Basic And Diluted Earnings Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3465" xlink:to="label3465" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandFifteenMember" xlink:label="element3466" />
        <label xlink:type="resource" xlink:label="label3466" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MarchThirtyOneTwoThousandFifteenMember_en-US">March Thirty One Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3466" xlink:to="label3466" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandFifteenMember" xlink:label="element3467" />
        <label xlink:type="resource" xlink:label="label3467" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MarchThirtyOneTwoThousandFifteenMember_en-US">March Thirty One Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3467" xlink:to="label3467" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneThirtyTwoThousandFifeteenMember" xlink:label="element3468" />
        <label xlink:type="resource" xlink:label="label3468" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_JuneThirtyTwoThousandFifeteenMember_en-US">June Thirty Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3468" xlink:to="label3468" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneThirtyTwoThousandFifeteenMember" xlink:label="element3469" />
        <label xlink:type="resource" xlink:label="label3469" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_JuneThirtyTwoThousandFifeteenMember_en-US">June Thirty Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3469" xlink:to="label3469" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandFifeteenMember" xlink:label="element3470" />
        <label xlink:type="resource" xlink:label="label3470" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SeptemberThirtyTwoThousandFifeteenMember_en-US">September Thirty Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3470" xlink:to="label3470" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandFifeteenMember" xlink:label="element3471" />
        <label xlink:type="resource" xlink:label="label3471" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SeptemberThirtyTwoThousandFifeteenMember_en-US">September Thirty Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3471" xlink:to="label3471" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandFifeteenMember" xlink:label="element3472" />
        <label xlink:type="resource" xlink:label="label3472" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandFifeteenMember_en-US">December Thirty One Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3472" xlink:to="label3472" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandFifeteenMember" xlink:label="element3473" />
        <label xlink:type="resource" xlink:label="label3473" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandFifeteenMember_en-US">December Thirty One Two Thousand Fifeteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3473" xlink:to="label3473" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSixteenrMember" xlink:label="element3474" />
        <label xlink:type="resource" xlink:label="label3474" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandSixteenrMember_en-US">December Thirty One Two Thousand Sixteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3474" xlink:to="label3474" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSixteenrMember" xlink:label="element3475" />
        <label xlink:type="resource" xlink:label="label3475" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandSixteenrMember_en-US">December Thirty One Two Thousand Sixteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3475" xlink:to="label3475" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="element3476" />
        <label xlink:type="resource" xlink:label="label3476" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandSeventeenMember_en-US">December Thirty One Two Thousand Seventeen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3476" xlink:to="label3476" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="element3477" />
        <label xlink:type="resource" xlink:label="label3477" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandSeventeenMember_en-US">December Thirty One Two Thousand Seventeen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3477" xlink:to="label3477" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="element3478" />
        <label xlink:type="resource" xlink:label="label3478" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandEighteenMember_en-US">December Thirty One Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3478" xlink:to="label3478" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="element3479" />
        <label xlink:type="resource" xlink:label="label3479" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandEighteenMember_en-US">December Thirty One Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3479" xlink:to="label3479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyFourMember" xlink:label="element3480" />
        <label xlink:type="resource" xlink:label="label3480" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandTwentyFourMember_en-US">December Thirty One Two Thousand Twenty Four [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3480" xlink:to="label3480" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyFourMember" xlink:label="element3481" />
        <label xlink:type="resource" xlink:label="label3481" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandTwentyFourMember_en-US">December Thirty One Two Thousand Twenty Four [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3481" xlink:to="label3481" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineMember" xlink:label="element3482" />
        <label xlink:type="resource" xlink:label="label3482" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandTwentyNineMember_en-US">December Thirty One Two Thousand Twenty Nine[Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3482" xlink:to="label3482" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineMember" xlink:label="element3483" />
        <label xlink:type="resource" xlink:label="label3483" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandTwentyNineMember_en-US">December Thirty One Two Thousand Twenty Nine[Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3483" xlink:to="label3483" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" xlink:label="element3484" />
        <label xlink:type="resource" xlink:label="label3484" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember_en-US">December Thirty One Two Thousand Thirty Four And Thereafter [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3484" xlink:to="label3484" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" xlink:label="element3485" />
        <label xlink:type="resource" xlink:label="label3485" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember_en-US">December Thirty One Two Thousand Thirty Four And Thereafter [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3485" xlink:to="label3485" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EmbeddedMember" xlink:label="element3486" />
        <label xlink:type="resource" xlink:label="label3486" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EmbeddedMember_en-US">Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3486" xlink:to="label3486" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EmbeddedMember" xlink:label="element3487" />
        <label xlink:type="resource" xlink:label="label3487" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EmbeddedMember_en-US">Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3487" xlink:to="label3487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="element3488" />
        <label xlink:type="resource" xlink:label="label3488" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BetanddualdefaultvaluationmodelsMember_en-US">B E T And Dual Default Valuation Models [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3488" xlink:to="label3488" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="element3489" />
        <label xlink:type="resource" xlink:label="label3489" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BetanddualdefaultvaluationmodelsMember_en-US">BET And Dual Default Valuation Models [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3489" xlink:to="label3489" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="element3490" />
        <label xlink:type="resource" xlink:label="label3490" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BetanddualdefaultvaluationmodelsMember_en-US">BET And Dual Default Valuation Models [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3490" xlink:to="label3490" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="element3491" />
        <label xlink:type="resource" xlink:label="label3491" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_en-US">Quoted Market Prices Of Vie Assets Adjusted For Financial Guarantees Provided Or Market Prices Of Similar Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3491" xlink:to="label3491" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="element3492" />
        <label xlink:type="resource" xlink:label="label3492" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_en-US">Quoted Market Prices Of Vie Assets Adjusted For Financial Guarantees Provided Or Market Prices Of Similar Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3492" xlink:to="label3492" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="element3493" />
        <label xlink:type="resource" xlink:label="label3493" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_en-US">Quoted market prices of Vie assets adjusted for financial guarantees provided or market prices of similar securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3493" xlink:to="label3493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" xlink:label="element3494" />
        <label xlink:type="resource" xlink:label="label3494" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_en-US">Preferred Stock Of Subsidiary And Noncontrolling Interest [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3494" xlink:to="label3494" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="element3495" />
        <label xlink:type="resource" xlink:label="label3495" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MinorityInterestDecreaseFromRedemptionsShares_en-US">Minority Interest Decrease From Redemptions Shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3495" xlink:to="label3495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="element3496" />
        <label xlink:type="resource" xlink:label="label3496" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MinorityInterestDecreaseFromRedemptionsShares_en-US">Number os shares that represents a decrease in noncontrolling interest (for example, but not limited to, redeeming or purchasing the interests of noncontrolling shareholders, issuance of shares (interests) by the non-wholly owned subsidiary to the parent entity for other than cash, and a buyback of shares (interest) by the non-wholly owned subsidiary from the noncontrolling interests).</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3496" xlink:to="label3496" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="element3497" />
        <label xlink:type="resource" xlink:label="label3497" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_MinorityInterestDecreaseFromRedemptionsShares_en-US">Preferred shares of subsidiary acquired (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3497" xlink:to="label3497" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="element3498" />
        <label xlink:type="resource" xlink:label="label3498" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_en-US">Payments To Acquire Fair Value Option And Trading Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3498" xlink:to="label3498" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="element3499" />
        <label xlink:type="resource" xlink:label="label3499" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_en-US">The cash outflow to acquire securities classified as fair value option or trading.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3499" xlink:to="label3499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="element3500" />
        <label xlink:type="resource" xlink:label="label3500" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_en-US">Purchases of investments at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3500" xlink:to="label3500" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="element3501" />
        <label xlink:type="resource" xlink:label="label3501" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_en-US">Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3501" xlink:to="label3501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="element3502" />
        <label xlink:type="resource" xlink:label="label3502" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_en-US">The cash inflow associated with the sales, maturities and paydowns of fair value option and trading securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3502" xlink:to="label3502" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="element3503" />
        <label xlink:type="resource" xlink:label="label3503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_en-US">Sales, paydowns and maturities of investments at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3503" xlink:to="label3503" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="element3504" />
        <label xlink:type="resource" xlink:label="label3504" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_en-US">Proceeds From Sales Maturities Prepayments and Calls Of Other Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3504" xlink:to="label3504" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="element3505" />
        <label xlink:type="resource" xlink:label="label3505" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_en-US">The cash inflow associated with the sales, maturity (principal being due), prepayment and call (request of early payment) of other investments.)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3505" xlink:to="label3505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="element3506" />
        <label xlink:type="resource" xlink:label="label3506" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_en-US">Sales, paydowns and maturities of other investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3506" xlink:to="label3506" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="element3507" />
        <label xlink:type="resource" xlink:label="label3507" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountedCashFlowsMember_en-US">Discounted Cash Flows [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3507" xlink:to="label3507" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="element3508" />
        <label xlink:type="resource" xlink:label="label3508" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountedCashFlowsMember_en-US">Discounted Cash Flows [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3508" xlink:to="label3508" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="element3509" />
        <label xlink:type="resource" xlink:label="label3509" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementRangeDollars_en-US">Fair Value Measurement Range Dollars</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3509" xlink:to="label3509" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="element3510" />
        <label xlink:type="resource" xlink:label="label3510" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementRangeDollars_en-US">This element represents the fair value measurement range dollars of the Company's assets and liabilities measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3510" xlink:to="label3510" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="element3511" />
        <label xlink:type="resource" xlink:label="label3511" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementRangeDollars_en-US">Range dollars</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3511" xlink:to="label3511" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="element3512" />
        <label xlink:type="resource" xlink:label="label3512" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_en-US">Fair Value Option Contractual Outstanding Principal Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3512" xlink:to="label3512" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="element3513" />
        <label xlink:type="resource" xlink:label="label3513" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_en-US">Fair Value Option Contractual Outstanding Principal Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3513" xlink:to="label3513" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="element3514" />
        <label xlink:type="resource" xlink:label="label3514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_en-US">Medium-term notes, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3514" xlink:to="label3514" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="element3515" />
        <label xlink:type="resource" xlink:label="label3515" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateFairValueMediumTermNotes_en-US">Fair Value Option Aggregate Fair Value Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3515" xlink:to="label3515" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="element3516" />
        <label xlink:type="resource" xlink:label="label3516" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateFairValueMediumTermNotes_en-US">Fair Value Option Aggregate Fair Value Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3516" xlink:to="label3516" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="element3517" />
        <label xlink:type="resource" xlink:label="label3517" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateFairValueMediumTermNotes_en-US">Medium-term notes, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3517" xlink:to="label3517" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="element3518" />
        <label xlink:type="resource" xlink:label="label3518" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_en-US">Fair Value Option Aggregate Differences Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3518" xlink:to="label3518" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="element3519" />
        <label xlink:type="resource" xlink:label="label3519" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_en-US">Fair Value Option Aggregate Differences Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3519" xlink:to="label3519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="element3520" />
        <label xlink:type="resource" xlink:label="label3520" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_en-US">Medium-term notes, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3520" xlink:to="label3520" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="element3521" />
        <label xlink:type="resource" xlink:label="label3521" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_en-US">Fixed Maturity Securities Held At Fair Value Vie [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3521" xlink:to="label3521" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="element3522" />
        <label xlink:type="resource" xlink:label="label3522" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_en-US">Fixed Maturity Securities Held At Fair Value Vie [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3522" xlink:to="label3522" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="element3523" />
        <label xlink:type="resource" xlink:label="label3523" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_en-US">Fixed Maturity Securities Held At Fair Value - VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3523" xlink:to="label3523" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinstatedMember" xlink:label="element3524" />
        <label xlink:type="resource" xlink:label="label3524" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReinstatedMember_en-US">Reinstated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3524" xlink:to="label3524" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinstatedMember" xlink:label="element3525" />
        <label xlink:type="resource" xlink:label="label3525" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReinstatedMember_en-US">Reinstated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3525" xlink:to="label3525" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="element3526" />
        <label xlink:type="resource" xlink:label="label3526" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CityOfDetroitUtgoBonds_en-US">City Of Detroit Utgo Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3526" xlink:to="label3526" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="element3527" />
        <label xlink:type="resource" xlink:label="label3527" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CityOfDetroitUtgoBonds_en-US">City Of Detroit Utgo Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3527" xlink:to="label3527" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="element3528" />
        <label xlink:type="resource" xlink:label="label3528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CityOfDetroitUtgoBonds_en-US">City of Detroit UTGO Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3528" xlink:to="label3528" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="element3529" />
        <label xlink:type="resource" xlink:label="label3529" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfOperatingLeaseTermExtensions_en-US">Number Of Operating Lease Term Extensions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3529" xlink:to="label3529" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="element3530" />
        <label xlink:type="resource" xlink:label="label3530" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfOperatingLeaseTermExtensions_en-US">Number of times lessee can extend the term of the operating lease.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3530" xlink:to="label3530" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="element3531" />
        <label xlink:type="resource" xlink:label="label3531" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfOperatingLeaseTermExtensions_en-US">Number of operating lease term extensions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3531" xlink:to="label3531" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LeaseIncentives" xlink:label="element3532" />
        <label xlink:type="resource" xlink:label="label3532" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LeaseIncentives_en-US">Lease Incentives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3532" xlink:to="label3532" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LeaseIncentives" xlink:label="element3533" />
        <label xlink:type="resource" xlink:label="label3533" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LeaseIncentives_en-US">Amount of lease incentives from lessor to fund certain leasehold improvements.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3533" xlink:to="label3533" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LeaseIncentives" xlink:label="element3534" />
        <label xlink:type="resource" xlink:label="label3534" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LeaseIncentives_en-US">Lease incentives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3534" xlink:to="label3534" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaUkMember" xlink:label="element3535" />
        <label xlink:type="resource" xlink:label="label3535" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaUkMember_en-US">MBIA Uk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3535" xlink:to="label3535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaUkMember" xlink:label="element3536" />
        <label xlink:type="resource" xlink:label="label3536" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaUkMember_en-US">MBIA UK [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3536" xlink:to="label3536" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaUkMember" xlink:label="element3537" />
        <label xlink:type="resource" xlink:label="label3537" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaUkMember_en-US">MBIA UK [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3537" xlink:to="label3537" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" xlink:label="element3538" />
        <label xlink:type="resource" xlink:label="label3538" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_en-US">Undistributed Earnings Allocated To Participating Securities Diluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3538" xlink:to="label3538" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" xlink:label="element3539" />
        <label xlink:type="resource" xlink:label="label3539" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_en-US">Earnings allocated (not distributed) to participating securities under the two-class method to the extent that the participating securities may share in earnings as if all the earnings for the period had been distributed for diluted earnings per share calculation.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3539" xlink:to="label3539" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" xlink:label="element3540" />
        <label xlink:type="resource" xlink:label="label3540" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_en-US">Less: Undistributed earnings allocated to participating securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3540" xlink:to="label3540" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="element3541" />
        <label xlink:type="resource" xlink:label="label3541" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Payableforloanspurchased_en-US">Payable For Loans Purchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3541" xlink:to="label3541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="element3542" />
        <label xlink:type="resource" xlink:label="label3542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Payableforloanspurchased_en-US">Payable for loans purchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3542" xlink:to="label3542" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="element3543" />
        <label xlink:type="resource" xlink:label="label3543" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Payableforloanspurchased_en-US">As of the balance sheet date, the amount not yet paid for loans purchased.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3543" xlink:to="label3543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Cashcollateralpledge" xlink:label="element3544" />
        <label xlink:type="resource" xlink:label="label3544" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Cashcollateralpledge_en-US">Cash Collateral Pledge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3544" xlink:to="label3544" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Cashcollateralpledge" xlink:label="element3545" />
        <label xlink:type="resource" xlink:label="label3545" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Cashcollateralpledge_en-US">Cash Collateral Pledge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3545" xlink:to="label3545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Cashcollateralpledge" xlink:label="element3546" />
        <label xlink:type="resource" xlink:label="label3546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Cashcollateralpledge_en-US">Net cash collateral pledged</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3546" xlink:to="label3546" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="element3547" />
        <label xlink:type="resource" xlink:label="label3547" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_en-US">Payments For Deconsolidation Of Variable Interest Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3547" xlink:to="label3547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="element3548" />
        <label xlink:type="resource" xlink:label="label3548" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_en-US">Cash outflows from deconsolidation of variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3548" xlink:to="label3548" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="element3549" />
        <label xlink:type="resource" xlink:label="label3549" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_en-US">Deconsolidation of variable interest entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3549" xlink:to="label3549" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths" xlink:label="element3550" />
        <label xlink:type="resource" xlink:label="label3550" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_en-US">Period Of Current Roll To Loss For Stress Case Additional Months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3550" xlink:to="label3550" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths" xlink:label="element3551" />
        <label xlink:type="resource" xlink:label="label3551" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_en-US">Period Of Current Roll To Loss For Stress Case Additional Months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3551" xlink:to="label3551" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths" xlink:label="element3552" />
        <label xlink:type="resource" xlink:label="label3552" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_en-US">Period of current roll to loss for stress case additional months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3552" xlink:to="label3552" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" xlink:label="element3553" />
        <label xlink:type="resource" xlink:label="label3553" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember_en-US">December Thirty One Two Thousand Twenty Nineteen [Member] [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3553" xlink:to="label3553" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" xlink:label="element3554" />
        <label xlink:type="resource" xlink:label="label3554" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember_en-US">December Thirty One Two Thousand Twenty Nineteen [Member] [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3554" xlink:to="label3554" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StandardpoorsaminusoraboveratingmemberMember" xlink:label="element3555" />
        <label xlink:type="resource" xlink:label="label3555" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StandardpoorsaminusoraboveratingmemberMember_en-US">S&amp;P A- or above [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3555" xlink:to="label3555" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="element3556" />
        <label xlink:type="resource" xlink:label="label3556" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TrifiniumHoldingsLimitedMember_en-US">Trifinium Holdings Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3556" xlink:to="label3556" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="element3557" />
        <label xlink:type="resource" xlink:label="label3557" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TrifiniumHoldingsLimitedMember_en-US">Trifinium Holdings Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3557" xlink:to="label3557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesheldforsaleMember" xlink:label="element3558" />
        <label xlink:type="resource" xlink:label="label3558" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiabilitiesheldforsaleMember_en-US">Liabilities Held For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3558" xlink:to="label3558" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansreceivableatfairvalueMember" xlink:label="element3559" />
        <label xlink:type="resource" xlink:label="label3559" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoansreceivableatfairvalueMember_en-US">Loans Receivable At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3559" xlink:to="label3559" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableforloanspurchasedMember" xlink:label="element3560" />
        <label xlink:type="resource" xlink:label="label3560" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PayableforloanspurchasedMember_en-US">Payable For Loans Purchased [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3560" xlink:to="label3560" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="element3561" />
        <label xlink:type="resource" xlink:label="label3561" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_en-US">Assets And Liabilities Held For Sale Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3561" xlink:to="label3561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="element3562" />
        <label xlink:type="resource" xlink:label="label3562" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_en-US">Tabular disclosure of assets and liabilities held for sale.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3562" xlink:to="label3562" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="element3563" />
        <label xlink:type="resource" xlink:label="label3563" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_en-US">Assets And Liabilities Held For Sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3563" xlink:to="label3563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FacilityMember" xlink:label="element3564" />
        <label xlink:type="resource" xlink:label="label3564" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FacilityMember_en-US">Facility [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3564" xlink:to="label3564" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeniorNotesAtParValueOwnedByNational" xlink:label="element3565" />
        <label xlink:type="resource" xlink:label="label3565" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SeniorNotesAtParValueOwnedByNational_en-US">Senior Notes At Par Value Owned By National</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3565" xlink:to="label3565" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeniorNotesAtParValueOwnedByNational" xlink:label="element3566" />
        <label xlink:type="resource" xlink:label="label3566" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SeniorNotesAtParValueOwnedByNational_en-US">Par value of MBIA Inc. senior notes owned by National as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3566" xlink:to="label3566" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeniorNotesAtParValueOwnedByNational" xlink:label="element3567" />
        <label xlink:type="resource" xlink:label="label3567" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SeniorNotesAtParValueOwnedByNational_en-US">Senior notes at par value owned by National</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3567" xlink:to="label3567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" xlink:label="element3568" />
        <label xlink:type="resource" xlink:label="label3568" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_en-US">Four Point Zero Two To Fifty Seven Point Seven One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3568" xlink:to="label3568" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" xlink:label="element3569" />
        <label xlink:type="resource" xlink:label="label3569" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_en-US">Range of stock option prices 4.02 through 57.71</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3569" xlink:to="label3569" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" xlink:label="element3570" />
        <label xlink:type="resource" xlink:label="label3570" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_en-US">$4.02-$57.71 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3570" xlink:to="label3570" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" xlink:label="element3571" />
        <label xlink:type="resource" xlink:label="label3571" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_en-US">Fifty Eight Point Eight Four To Seventy Point Eight Six [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3571" xlink:to="label3571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" xlink:label="element3572" />
        <label xlink:type="resource" xlink:label="label3572" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_en-US">Range of stock option prices 58.84 through 70.86</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3572" xlink:to="label3572" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" xlink:label="element3573" />
        <label xlink:type="resource" xlink:label="label3573" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_en-US">$58.84-$70.86 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3573" xlink:to="label3573" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="element3574" />
        <label xlink:type="resource" xlink:label="label3574" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TwothousandfourteenrepurchaseauthorizationMember_en-US">Two Thousand Fourteen Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3574" xlink:to="label3574" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="element3575" />
        <label xlink:type="resource" xlink:label="label3575" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TwothousandfourteenrepurchaseauthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors in 2014.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3575" xlink:to="label3575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="element3576" />
        <label xlink:type="resource" xlink:label="label3576" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TwothousandfourteenrepurchaseauthorizationMember_en-US">2014 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3576" xlink:to="label3576" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="element3577" />
        <label xlink:type="resource" xlink:label="label3577" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_en-US">Annual Compensation Maximum Pension Per Employee Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3577" xlink:to="label3577" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="element3578" />
        <label xlink:type="resource" xlink:label="label3578" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_en-US">Maximum annual compensation per employee subject to pension contribution.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3578" xlink:to="label3578" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="element3579" />
        <label xlink:type="resource" xlink:label="label3579" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_en-US">Maximum annual compensation subject to pension</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3579" xlink:to="label3579" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element3580" />
        <label xlink:type="resource" xlink:label="label3580" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Other Liabilities And Derivative Liabilities Vie After Counterparty Netting And Embedded Reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3580" xlink:to="label3580" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element3581" />
        <label xlink:type="resource" xlink:label="label3581" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Derivative Fair Value Of Derivative Liabilities Reported In Derivative Liabilities And Derivative Liavilities VIEs Net Of Counterparty Netting And Embedded Reclasses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3581" xlink:to="label3581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element3582" />
        <label xlink:type="resource" xlink:label="label3582" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Derivative liabilities and derivative liabilities of consolidated VIEs, after counterparty netting and embedded reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3582" xlink:to="label3582" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterHoldingsMember" xlink:label="element3583" />
        <label xlink:type="resource" xlink:label="label3583" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CutwaterHoldingsMember_en-US">Cutwater Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3583" xlink:to="label3583" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterHoldingsMember" xlink:label="element3584" />
        <label xlink:type="resource" xlink:label="label3584" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CutwaterHoldingsMember_en-US">Cutwater Holdings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3584" xlink:to="label3584" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SocietegeneraleMember" xlink:label="element3585" />
        <label xlink:type="resource" xlink:label="label3585" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SocietegeneraleMember_en-US">Societe Generale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3585" xlink:to="label3585" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SocietegeneraleMember" xlink:label="element3586" />
        <label xlink:type="resource" xlink:label="label3586" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SocietegeneraleMember_en-US">Societe Generale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3586" xlink:to="label3586" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie" xlink:label="element3587" />
        <label xlink:type="resource" xlink:label="label3587" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_en-US">Elimination Of Loss And Lae Reserves As Result Of Consolidating Vie</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3587" xlink:to="label3587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie" xlink:label="element3588" />
        <label xlink:type="resource" xlink:label="label3588" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_en-US">Elimination Of Loss And Lae Reserves As Result Of Consolidating Vie</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3588" xlink:to="label3588" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie" xlink:label="element3589" />
        <label xlink:type="resource" xlink:label="label3589" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_en-US">Elimination Of Loss And Lae Reserves As Result Of Consolidating VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3589" xlink:to="label3589" />
    </labelLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>15
<FILENAME>mbi-20141231_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.2 Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncome" />
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeTables" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureBusinessDevelopmentsAndRisksAndUncertainties" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessSegmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStock" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureCommonAndPreferredStock" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_CommonAndPreferredStockNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DebtTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDebtTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegments" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessSegments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureBusinessSegmentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingencies" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureCommitmentsAndContingencies" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_CommitmentsAndContingenciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebt" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDebt" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtAggregateMaturityOfDebtObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDebtLongTermDebtDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DebtNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstruments" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstruments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DerivativeInstrumentsCreditDerivativesSoldDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DerivativeInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstrumentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShare" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureEarningsPerShare" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_EarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_EarningsPerShareNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureEarningsPerShareTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstruments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_FairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxes" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxes" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesIncomeTaxesAndShareholdersEquityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureIncomeTaxesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsuranceInForceNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsurancePremiumsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestments" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInvestmentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LongtermIncentivePlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReserves" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReservesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureRecentAccountingPronouncements" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureRecentAccountingPronouncements" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedBalanceSheetsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIICondensedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPolicies" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureSignificantAccountingPolicies" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_SignificantAccountingPoliciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_SignificantAccountingPoliciesPolicies" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureSignificantAccountingPoliciesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_SignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSubsequentEvents" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureSubsequentEvents" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntities" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_VariableInterestEntities" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_VariableInterestEntitiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_VariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DocumentDocumentAndEntityInformation" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DocumentDocumentAndEntityInformation" />
    <roleRef roleURI="http://www.mbia.com/role/IncomeTaxesChangeInUnrecognizedTaxBenefitsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesChangeInUnrecognizedTaxBenefitsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceInForce" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsuranceInForce" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceInForceTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsuranceInForceTables" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiums" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsurancePremiums" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsurancePremiumsRollForwardOfPremiumsReceivableDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsurancePremiumsTables" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureInsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividends" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceRegulationsAndDividends" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InsuranceRegulationsAndDividendsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongtermIncentivePlans" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLongtermIncentivePlans" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_LongTermIncentivePlansStockOptionsOutstandingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongtermIncentivePlansTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureLongtermIncentivePlansTables" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#mbi_ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlans" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosurePensionAndProfitSharingPlans" />
    <roleRef roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_PensionAndProfitSharingPlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/RelatedPartyTransactions" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureRelatedPartyTransactions" />
    <roleRef roleURI="http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureRelatedPartyTransactionsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ScheduleIINotesToCondensedFinancialStatementsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIInvestments" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIInvestments" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIIParentCompanyFinancials" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIIParentCompanyFinancials" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIVReinsurance" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIVReinsurance" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIVReinsuranceDetail" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureScheduleIVReinsuranceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedBalanceSheets" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_StatementConsolidatedBalanceSheetsParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquity" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquityParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfComprehensiveIncomeLoss" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementOfComprehensiveIncomeLoss" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfCashFlows" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfOperations" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_ConsolidatedStatementsOfOperationsParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/VariableInterestEntitiesTables" xlink:type="simple" xlink:href="mbi-20141231.xsd#ELRID_DisclosureVariableInterestEntitiesTables" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DocumentDocumentAndEntityInformation">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentType" xlink:label="Locator_dei_DocumentType_2" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_1" xlink:to="Locator_dei_DocumentType_2" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_3" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_AmendmentFlag" xlink:label="Locator_dei_AmendmentFlag_4" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_3" xlink:to="Locator_dei_AmendmentFlag_4" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_5" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="Locator_dei_DocumentPeriodEndDate_6" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_5" xlink:to="Locator_dei_DocumentPeriodEndDate_6" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_7" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="Locator_dei_DocumentFiscalYearFocus_8" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_7" xlink:to="Locator_dei_DocumentFiscalYearFocus_8" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_9" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="Locator_dei_DocumentFiscalPeriodFocus_10" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_9" xlink:to="Locator_dei_DocumentFiscalPeriodFocus_10" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_11" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_TradingSymbol" xlink:label="Locator_dei_TradingSymbol_12" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_11" xlink:to="Locator_dei_TradingSymbol_12" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_13" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityRegistrantName" xlink:label="Locator_dei_EntityRegistrantName_14" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_13" xlink:to="Locator_dei_EntityRegistrantName_14" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_15" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="Locator_dei_EntityCentralIndexKey_16" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_15" xlink:to="Locator_dei_EntityCentralIndexKey_16" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_17" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="Locator_dei_CurrentFiscalYearEndDate_18" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_17" xlink:to="Locator_dei_CurrentFiscalYearEndDate_18" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_19" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityFilerCategory" xlink:label="Locator_dei_EntityFilerCategory_20" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_19" xlink:to="Locator_dei_EntityFilerCategory_20" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_21" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="Locator_dei_EntityCommonStockSharesOutstanding_22" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_21" xlink:to="Locator_dei_EntityCommonStockSharesOutstanding_22" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_23" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="Locator_dei_EntityWellKnownSeasonedIssuer_24" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_23" xlink:to="Locator_dei_EntityWellKnownSeasonedIssuer_24" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_25" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityPublicFloat" xlink:label="Locator_dei_EntityPublicFloat_26" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_25" xlink:to="Locator_dei_EntityPublicFloat_26" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_27" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="Locator_dei_EntityCurrentReportingStatus_28" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_27" xlink:to="Locator_dei_EntityCurrentReportingStatus_28" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_29" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="Locator_dei_EntityVoluntaryFilers_30" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_29" xlink:to="Locator_dei_EntityVoluntaryFilers_30" order="15.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheets">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_305" xlink:to="Locator_us-gaap_StatementLineItems_306" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_31" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_32" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_31" xlink:to="Locator_us-gaap_AssetsAbstract_32" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_51" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_52" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_51" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_52" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_53" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCosts_54" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_53" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCosts_54" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_55" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_56" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_55" xlink:to="Locator_mbi_InsuranceLossRecoverable_56" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_57" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentNet_58" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_57" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentNet_58" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_59" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_60" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_59" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_60" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_61" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_62" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_61" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_62" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_67" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Cash" xlink:label="Locator_us-gaap_Cash_68" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_67" xlink:to="Locator_us-gaap_Cash_68" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_69" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_70" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_69" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_70" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_71" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="Locator_us-gaap_LoansReceivableFairValueDisclosure_72" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_71" xlink:to="Locator_us-gaap_LoansReceivableFairValueDisclosure_72" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_73" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_74" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_73" xlink:to="Locator_mbi_LoanRepurchaseCommitments_74" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_37" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_38" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_37" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_38" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_39" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_40" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_39" xlink:to="Locator_us-gaap_TradingSecurities_40" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_41" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_42" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_41" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_42" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_43" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_44" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_43" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_44" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_45" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_46" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_45" xlink:to="Locator_us-gaap_OtherInvestments_46" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_47" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_48" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_47" xlink:to="Locator_us-gaap_Investments_48" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_49" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_50" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_49" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_50" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_63" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_64" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_63" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_64" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_65" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_66" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_65" xlink:to="Locator_us-gaap_OtherAssets_66" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_75" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_76" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_75" xlink:to="Locator_us-gaap_Assets_76" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_33" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_33" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_79" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="Locator_us-gaap_CommitmentsAndContingencies_80" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_79" xlink:to="Locator_us-gaap_CommitmentsAndContingencies_80" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_77" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_78" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_77" xlink:to="Locator_us-gaap_LiabilitiesAbstract_78" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_85" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_86" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_85" xlink:to="Locator_us-gaap_UnearnedPremiums_86" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_87" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_88" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_87" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_88" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_91" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_92" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_91" xlink:to="Locator_us-gaap_MediumTermNotes_92" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_97" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_98" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_97" xlink:to="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_98" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_101" xlink:to="Locator_us-gaap_NotesPayable_102" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_103" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_103" xlink:to="Locator_mbi_Payableforloanspurchased_104" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_89" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_90" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_89" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_90" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_93" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_94" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_93" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_94" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_95" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_96" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_95" xlink:to="Locator_us-gaap_DerivativeLiabilities_96" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_99" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_99" xlink:to="Locator_us-gaap_OtherLiabilities_100" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_105" xlink:to="Locator_us-gaap_Liabilities_106" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_81" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_82" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_81" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_82" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_121" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue_122" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_123" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_124" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_107" xlink:to="Locator_us-gaap_PreferredStockValue_108" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_109" xlink:to="Locator_us-gaap_CommonStockValue_110" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_111" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_112" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_113" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_114" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_115" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_116" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_117" xlink:to="Locator_us-gaap_TreasuryStockValue_118" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_119" xlink:to="Locator_us-gaap_StockholdersEquity_120" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_83" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_84" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_83" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_84" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_307" xlink:to="Locator_dei_LegalEntityAxis_308" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_309" xlink:to="Locator_dei_EntityDomain_310" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_311" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_312" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_313" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_314" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_125" xlink:to="Locator_us-gaap_StatementTable_126" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_401" xlink:to="Locator_us-gaap_StatementLineItems_402" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_315" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_316" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_317" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_318" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_319" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_320" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_321" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_322" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_323" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_324" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="Locator_us-gaap_InvestmentOwnedAtFairValue_326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_325" xlink:to="Locator_us-gaap_InvestmentOwnedAtFairValue_326" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_327" xlink:to="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_328" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="Locator_us-gaap_NotesPayableFairValueDisclosure_330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_329" xlink:to="Locator_us-gaap_NotesPayableFairValueDisclosure_330" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_331" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_332" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_333" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_334" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_335" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_336" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_337" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_338" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_339" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_340" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_341" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_342" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_343" xlink:to="Locator_us-gaap_TreasuryStockShares_344" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_345" xlink:to="Locator_us-gaap_CommonStockSharesIssued_346" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_347" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_348" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_403" xlink:to="Locator_dei_LegalEntityAxis_404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_395" xlink:to="Locator_dei_EntityDomain_396" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_397" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_398" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_399" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_400" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_393" xlink:to="Locator_us-gaap_StatementTable_394" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_597" xlink:to="Locator_us-gaap_StatementLineItems_598" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_405" xlink:to="Locator_us-gaap_RevenuesAbstract_406" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_415" xlink:to="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_416" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_433" xlink:to="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_434" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RefundingPremiumsEarned" xlink:label="Locator_mbi_RefundingPremiumsEarned_436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_435" xlink:to="Locator_mbi_RefundingPremiumsEarned_436" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_437" xlink:to="Locator_us-gaap_PremiumsEarnedNet_438" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_417" xlink:to="Locator_us-gaap_NetInvestmentIncome_418" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FeesAndReimbursements" xlink:label="Locator_mbi_FeesAndReimbursements_420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_419" xlink:to="Locator_mbi_FeesAndReimbursements_420" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_421" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_422" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_439" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_440" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_441" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_442" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_443" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_444" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_423" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_424" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_425" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_426" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_445" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_446" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_447" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_448" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_449" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_450" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_427" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_428" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_429" xlink:to="Locator_us-gaap_OtherIncome_430" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_431" xlink:to="Locator_us-gaap_Revenues_432" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_407" xlink:to="Locator_us-gaap_OperatingExpensesAbstract_408" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_451" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_452" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_453" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_454" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_455" xlink:to="Locator_us-gaap_OperatingExpenses_456" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_457" xlink:to="Locator_us-gaap_InterestExpense_458" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_460" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_459" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_460" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_461" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_462" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_463" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_464" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_465" xlink:to="Locator_us-gaap_NetIncomeLoss_466" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_409" xlink:to="Locator_us-gaap_EarningsPerShareAbstract_410" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="Locator_us-gaap_EarningsPerShareBasic_472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_471" xlink:to="Locator_us-gaap_EarningsPerShareBasic_472" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="Locator_us-gaap_EarningsPerShareDiluted_474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_473" xlink:to="Locator_us-gaap_EarningsPerShareDiluted_474" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_411" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_412" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_467" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_468" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_469" xlink:to="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_470" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_599" xlink:to="Locator_dei_LegalEntityAxis_600" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_601" xlink:to="Locator_dei_EntityDomain_602" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_603" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_604" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_605" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_606" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_475" xlink:to="Locator_us-gaap_StatementTable_476" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_635" xlink:to="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_636" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis_643" xlink:to="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_644" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain" xlink:label="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceSegmentMember" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentDomain_645" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_646" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_631" xlink:to="Locator_us-gaap_StatementLineItems_632" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_607" xlink:to="Locator_us-gaap_CededPremiumsEarned_608" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_633" xlink:to="Locator_dei_LegalEntityAxis_634" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_637" xlink:to="Locator_dei_EntityDomain_638" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_639" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_640" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_641" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_642" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_611" xlink:to="Locator_us-gaap_StatementTable_612" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfComprehensiveIncomeLoss">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_647" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_648" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_655" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_656" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_657" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_658" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_659" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_660" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_661" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_662" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_663" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_664" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_665" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_666" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_649" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_650" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_667" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_667" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_668" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_669" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_669" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_670" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_671" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_672" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_671" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_672" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_673" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_673" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_674" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_675" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_676" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_677" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_677" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_678" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_651" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_652" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_685" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_686" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_687" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_688" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_689" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_690" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_679" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_680" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_681" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_682" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_683" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_684" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_653" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_654" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_691" xlink:to="Locator_us-gaap_NetIncomeLoss_692" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_693" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_694" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_695" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTax_696" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_817" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_818" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_819" xlink:to="Locator_us-gaap_EquityComponentDomain_820" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_823" xlink:to="Locator_us-gaap_PreferredStockMember_824" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_825" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_826" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_821" xlink:to="Locator_us-gaap_ParentMember_822" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockMember" xlink:label="Locator_us-gaap_CommonStockMember_828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_827" xlink:to="Locator_us-gaap_CommonStockMember_828" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="Locator_us-gaap_AdditionalPaidInCapitalMember_830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_829" xlink:to="Locator_us-gaap_AdditionalPaidInCapitalMember_830" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="Locator_us-gaap_RetainedEarningsMember_832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_831" xlink:to="Locator_us-gaap_RetainedEarningsMember_832" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_833" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_834" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="Locator_us-gaap_TreasuryStockMember_836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_835" xlink:to="Locator_us-gaap_TreasuryStockMember_836" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_815" xlink:to="Locator_us-gaap_StatementLineItems_816" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_747" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_748" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_749" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_750" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_751" xlink:to="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_752" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_753" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_754" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_755" xlink:to="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_756" order="10.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_757" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_757" xlink:to="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_758" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_759" xlink:to="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_760" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_737" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_738" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_761" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_762" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_739" xlink:to="Locator_us-gaap_CommonStockSharesIssued_740" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_763" xlink:to="Locator_us-gaap_CommonStockSharesIssued_764" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_742" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_741" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_742" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_765" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_766" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_745" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_746" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_744" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_743" xlink:to="Locator_us-gaap_NetIncomeLoss_744" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="Locator_us-gaap_StatementOfStockholdersEquityAbstract_769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfStockholdersEquityAbstract_769" xlink:to="Locator_us-gaap_StatementTable_770" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_863" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_864" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_865" xlink:to="Locator_us-gaap_EquityComponentDomain_866" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_867" xlink:to="Locator_us-gaap_ParentMember_868" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_861" xlink:to="Locator_us-gaap_StatementLineItems_862" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_837" xlink:to="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_838" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_839" xlink:to="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_840" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_841" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_841" xlink:to="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_842" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="Locator_us-gaap_StatementOfStockholdersEquityAbstract_845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfStockholdersEquityAbstract_845" xlink:to="Locator_us-gaap_StatementTable_846" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_870" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_869" xlink:to="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_870" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_874" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_873" xlink:to="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_874" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_875" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_876" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_875" xlink:to="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_876" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_877" xlink:to="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_878" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_879" xlink:to="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_880" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_872" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_871" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_872" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_881" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_882" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_883" xlink:to="Locator_us-gaap_InterestPaidNet_884" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_885" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_886" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_887" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_888" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_901" xlink:to="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_902" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_903" xlink:to="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_904" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="Locator_us-gaap_PaymentsToAcquireLoansReceivable_910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_909" xlink:to="Locator_us-gaap_PaymentsToAcquireLoansReceivable_910" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_911" xlink:to="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_912" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_913" xlink:to="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_914" order="13.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_915" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_915" xlink:to="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_916" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_917" xlink:to="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_918" order="15.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_923" xlink:to="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_924" order="18.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_925" xlink:to="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_926" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_889" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_890" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_891" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_892" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_893" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_894" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_895" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_896" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_897" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_898" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_899" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_900" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_905" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_906" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_907" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_907" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_908" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_919" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_920" order="16.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_921" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_922" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_927" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_928" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_933" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_934" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="Locator_us-gaap_RepaymentsOfMediumTermNotes_936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_935" xlink:to="Locator_us-gaap_RepaymentsOfMediumTermNotes_936" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="Locator_us-gaap_RepaymentsOfNotesPayable_938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_937" xlink:to="Locator_us-gaap_RepaymentsOfNotesPayable_938" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="Locator_us-gaap_ProceedsFromNotesPayable_940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_939" xlink:to="Locator_us-gaap_ProceedsFromNotesPayable_940" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="Locator_us-gaap_PaymentsOfDividends_944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_943" xlink:to="Locator_us-gaap_PaymentsOfDividends_944" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_945" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_946" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfDebt_948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_947" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfDebt_948" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="Locator_us-gaap_PaymentsToMinorityShareholders_954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_953" xlink:to="Locator_us-gaap_PaymentsToMinorityShareholders_954" order="13.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_929" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_930" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_931" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_932" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_941" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_942" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_949" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_950" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_951" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_952" order="12.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_955" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_956" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_957" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_958" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_959" xlink:to="Locator_us-gaap_NetIncomeLoss_960" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_965" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_965" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_966" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_967" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_968" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="Locator_us-gaap_ShareBasedCompensation_978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_977" xlink:to="Locator_us-gaap_ShareBasedCompensation_978" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_979" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VieInterestNet" xlink:label="Locator_mbi_VieInterestNet_980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_979" xlink:to="Locator_mbi_VieInterestNet_980" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_961" xlink:to="Locator_mbi_ChangeInAbstract_962" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_987" xlink:to="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_988" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_989" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_990" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_991" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_992" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_993" xlink:to="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_994" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_995" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_995" xlink:to="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_996" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_997" xlink:to="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_998" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_999" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1000" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1001" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1002" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_963" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_964" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_969" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_969" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_970" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_971" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_971" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_972" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_973" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_974" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_975" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_975" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_976" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_981" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_982" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_983" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_984" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_985" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_986" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_1004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1003" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_1004" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_1006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1005" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_1006" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_1008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1007" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_1008" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1009" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1010" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1011" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1012" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="Locator_us-gaap_CashIncludingDiscontinuedOperations_1016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1015" xlink:to="Locator_us-gaap_CashIncludingDiscontinuedOperations_1016" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1013" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1014" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1017" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1018" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_1020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1019" xlink:to="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_1020" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1021" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1022" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="Locator_us-gaap_NatureOfOperations_1152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1151" xlink:to="Locator_us-gaap_NatureOfOperations_1152" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPolicies">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="Locator_us-gaap_SignificantAccountingPoliciesTextBlock_1154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1153" xlink:to="Locator_us-gaap_SignificantAccountingPoliciesTextBlock_1154" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureRecentAccountingPronouncements">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="Locator_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_1156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1155" xlink:to="Locator_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_1156" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntities">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_1158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1157" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_1158" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock" xlink:label="Locator_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_1160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1159" xlink:to="Locator_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_1160" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="Locator_us-gaap_FairValueDisclosuresTextBlock_1162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1161" xlink:to="Locator_us-gaap_FairValueDisclosuresTextBlock_1162" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MarketableSecuritiesTextBlock" xlink:label="Locator_us-gaap_MarketableSecuritiesTextBlock_1164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1163" xlink:to="Locator_us-gaap_MarketableSecuritiesTextBlock_1164" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstruments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="Locator_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_1166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1165" xlink:to="Locator_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_1166" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxes">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="Locator_us-gaap_IncomeTaxDisclosureTextBlock_1168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1167" xlink:to="Locator_us-gaap_IncomeTaxDisclosureTextBlock_1168" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="Locator_us-gaap_SegmentReportingDisclosureTextBlock_1170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1169" xlink:to="Locator_us-gaap_SegmentReportingDisclosureTextBlock_1170" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShare">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="Locator_us-gaap_EarningsPerShareTextBlock_1172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1171" xlink:to="Locator_us-gaap_EarningsPerShareTextBlock_1172" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureCommitmentsAndContingencies">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1173" xlink:to="Locator_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1174" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSubsequentEvents">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="Locator_us-gaap_ScheduleOfSubsequentEventsTextBlock_1176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1175" xlink:to="Locator_us-gaap_ScheduleOfSubsequentEventsTextBlock_1176" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="Locator_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1177" xlink:to="Locator_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1178" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="Locator_us-gaap_ConsolidationPolicyTextBlock_1180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1179" xlink:to="Locator_us-gaap_ConsolidationPolicyTextBlock_1180" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="Locator_us-gaap_InvestmentPolicyTextBlock_1182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1181" xlink:to="Locator_us-gaap_InvestmentPolicyTextBlock_1182" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPolicyTextBlock_1184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1183" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPolicyTextBlock_1184" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="Locator_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_1186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1185" xlink:to="Locator_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_1186" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_1188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1187" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_1188" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="Locator_us-gaap_DerivativesPolicyTextBlock_1190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1189" xlink:to="Locator_us-gaap_DerivativesPolicyTextBlock_1190" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:label="Locator_us-gaap_DerivativesOffsettingFairValueAmountsPolicy_1192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1191" xlink:to="Locator_us-gaap_DerivativesOffsettingFairValueAmountsPolicy_1192" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="Locator_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_1194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1193" xlink:to="Locator_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_1194" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy" xlink:label="Locator_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_1196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1195" xlink:to="Locator_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_1196" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtPolicyTextBlock" xlink:label="Locator_us-gaap_DebtPolicyTextBlock_1198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1197" xlink:to="Locator_us-gaap_DebtPolicyTextBlock_1198" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsurancePremiumsRevenueRecognitionPolicy" xlink:label="Locator_us-gaap_InsurancePremiumsRevenueRecognitionPolicy_1200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1199" xlink:to="Locator_us-gaap_InsurancePremiumsRevenueRecognitionPolicy_1200" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="Locator_us-gaap_RevenueRecognitionPolicyTextBlock_1202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1201" xlink:to="Locator_us-gaap_RevenueRecognitionPolicyTextBlock_1202" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="Locator_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_1204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1203" xlink:to="Locator_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_1204" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="Locator_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_1206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1205" xlink:to="Locator_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_1206" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="Locator_us-gaap_IncomeTaxPolicyTextBlock_1208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1207" xlink:to="Locator_us-gaap_IncomeTaxPolicyTextBlock_1208" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="Locator_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_1210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1209" xlink:to="Locator_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_1210" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted" xlink:label="Locator_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted_1212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1211" xlink:to="Locator_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted_1212" order="18.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1213" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock" xlink:label="Locator_mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock_1214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1213" xlink:to="Locator_mbi_AssetLiabilityProductsCreditSpreadSensitivityTableTextBlock_1214" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1215" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="Locator_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_1216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1215" xlink:to="Locator_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_1216" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/VariableInterestEntitiesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1217" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="Locator_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_1218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1217" xlink:to="Locator_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_1218" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1219" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="Locator_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_1220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1219" xlink:to="Locator_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_1220" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_1222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1221" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_1222" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1223" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_1224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1223" xlink:to="Locator_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_1224" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1225" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock" xlink:label="Locator_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock_1226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1225" xlink:to="Locator_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock_1226" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1227" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="Locator_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_1228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1227" xlink:to="Locator_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_1228" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1229" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_1230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1229" xlink:to="Locator_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_1230" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock" xlink:label="Locator_mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock_1232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1231" xlink:to="Locator_mbi_ScheduleOfTotalEstimatedRecoveriesFromIneligibleMortgageLoansTextBlock_1232" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock" xlink:label="Locator_mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock_1234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1233" xlink:to="Locator_mbi_ScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsTextBlock_1234" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_1236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1235" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_1236" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_1238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1237" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_1238" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="Locator_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_1240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1239" xlink:to="Locator_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_1240" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_1242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1241" xlink:to="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_1242" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1243" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1244" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1245" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1246" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1247" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="Locator_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1247" xlink:to="Locator_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1248" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1249" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1250" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock" xlink:label="Locator_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_1252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1251" xlink:to="Locator_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_1252" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="Locator_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_1254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1253" xlink:to="Locator_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_1254" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1255" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="Locator_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_1256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1255" xlink:to="Locator_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_1256" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="Locator_invest_InvestmentTableTextBlock_1258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1257" xlink:to="Locator_invest_InvestmentTableTextBlock_1258" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="Locator_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_1260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1259" xlink:to="Locator_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_1260" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_1262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1261" xlink:to="Locator_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_1262" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1263" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="Locator_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_1264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1263" xlink:to="Locator_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_1264" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1265" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="Locator_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_1266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1265" xlink:to="Locator_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_1266" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1267" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="Locator_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_1268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1267" xlink:to="Locator_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_1268" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1269" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="Locator_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_1270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1269" xlink:to="Locator_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_1270" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1271" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="Locator_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_1272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1271" xlink:to="Locator_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_1272" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_1274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1273" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_1274" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfRealizedGainLossTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_1276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1275" xlink:to="Locator_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_1276" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCreditDerivativesTextBlock" xlink:label="Locator_us-gaap_DisclosureOfCreditDerivativesTextBlock_1278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1277" xlink:to="Locator_us-gaap_DisclosureOfCreditDerivativesTextBlock_1278" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_1280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1279" xlink:to="Locator_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_1280" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_1282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1281" xlink:to="Locator_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_1282" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_1284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1283" xlink:to="Locator_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_1284" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_1286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1285" xlink:to="Locator_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_1286" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_1288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1287" xlink:to="Locator_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_1288" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_1290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1289" xlink:to="Locator_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_1290" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_1292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1291" xlink:to="Locator_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_1292" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="Locator_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_1294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1293" xlink:to="Locator_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_1294" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1295" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="Locator_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_1296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1295" xlink:to="Locator_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_1296" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1297" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock" xlink:label="Locator_mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock_1298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1297" xlink:to="Locator_mbi_ScheduleOfSegmentInformationInWindDownOperationsTableTextBlock_1298" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="Locator_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_1300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1299" xlink:to="Locator_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_1300" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1301" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="Locator_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_1302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1301" xlink:to="Locator_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_1302" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1480" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_1479" xlink:to="Locator_dei_EntityDomain_1480" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1485" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="Locator_mbi_AssetLiabilityProductsSegmentMember_1486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1485" xlink:to="Locator_mbi_AssetLiabilityProductsSegmentMember_1486" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1491" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalHoldingsMember" xlink:label="Locator_mbi_NationalHoldingsMember_1492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1491" xlink:to="Locator_mbi_NationalHoldingsMember_1492" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncTotalMember" xlink:label="Locator_mbi_MbiaIncTotalMember_1494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1493" xlink:to="Locator_mbi_MbiaIncTotalMember_1494" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterHoldingsMember" xlink:label="Locator_mbi_CutwaterHoldingsMember_1496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1495" xlink:to="Locator_mbi_CutwaterHoldingsMember_1496" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SocietegeneraleMember" xlink:label="Locator_mbi_SocietegeneraleMember_1500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1499" xlink:to="Locator_mbi_SocietegeneraleMember_1500" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1497" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaMember" xlink:label="Locator_mbi_BankOfAmericaMember_1498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1497" xlink:to="Locator_mbi_BankOfAmericaMember_1498" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1483" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1483" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1484" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1481" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_1482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1481" xlink:to="Locator_mbi_MbiaIncMember_1482" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1487" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_1488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1487" xlink:to="Locator_mbi_MbiaCorpMember_1488" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1489" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_1490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1489" xlink:to="Locator_mbi_NationalMember_1490" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1463" xlink:to="Locator_us-gaap_BusinessAcquisitionLineItems_1464" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="Locator_us-gaap_NumberOfOperatingSegments_1304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1303" xlink:to="Locator_us-gaap_NumberOfOperatingSegments_1304" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalDate1" xlink:label="Locator_us-gaap_DisposalDate1_1306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1305" xlink:to="Locator_us-gaap_DisposalDate1_1306" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SeveranceCosts1" xlink:label="Locator_us-gaap_SeveranceCosts1_1308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1307" xlink:to="Locator_us-gaap_SeveranceCosts1_1308" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1309" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeadcountReductionPercentage" xlink:label="Locator_mbi_HeadcountReductionPercentage_1310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1309" xlink:to="Locator_mbi_HeadcountReductionPercentage_1310" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ImpairmentOfRealEstate" xlink:label="Locator_us-gaap_ImpairmentOfRealEstate_1312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1311" xlink:to="Locator_us-gaap_ImpairmentOfRealEstate_1312" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="Locator_us-gaap_LitigationSettlementExpense_1314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1313" xlink:to="Locator_us-gaap_LitigationSettlementExpense_1314" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_1316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1315" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_1316" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1317" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1318" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1319" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_1320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1319" xlink:to="Locator_mbi_WarrantTerm_1320" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1321" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1322" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_1324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1323" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_1324" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementWithoutPrejudiceTerm" xlink:label="Locator_mbi_SettlementWithoutPrejudiceTerm_1326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1325" xlink:to="Locator_mbi_SettlementWithoutPrejudiceTerm_1326" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1327" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1328" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_1330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1329" xlink:to="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_1330" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1331" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1331" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1332" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalSecuredLoan" xlink:label="Locator_mbi_NationalSecuredLoan_1334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1333" xlink:to="Locator_mbi_NationalSecuredLoan_1334" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1335" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfResolvedArticleSeventyEightPlaintiffs" xlink:label="Locator_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_1336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1335" xlink:to="Locator_mbi_NumberOfResolvedArticleSeventyEightPlaintiffs_1336" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_1338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1337" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_1338" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1339" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_1340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1339" xlink:to="Locator_mbi_LiquidAssets_1340" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1341" xlink:to="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1342" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimPayments" xlink:label="Locator_mbi_ClaimPayments_1344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1343" xlink:to="Locator_mbi_ClaimPayments_1344" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1345" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="Locator_mbi_CommutedGrossInsuredExposure_1346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1345" xlink:to="Locator_mbi_CommutedGrossInsuredExposure_1346" order="22.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateClaimAmount" xlink:label="Locator_mbi_AggregateClaimAmount_1348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1347" xlink:to="Locator_mbi_AggregateClaimAmount_1348" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="Locator_us-gaap_GuaranteeObligationsMaximumExposure_1350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1349" xlink:to="Locator_us-gaap_GuaranteeObligationsMaximumExposure_1350" order="24.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1351" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedShares_1352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1351" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedShares_1352" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1353" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1353" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1354" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1465" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1466" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1473" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashMember" xlink:label="Locator_us-gaap_CashMember_1476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1475" xlink:to="Locator_us-gaap_CashMember_1476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1477" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_1478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1477" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_1478" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1469" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1469" xlink:to="Locator_mbi_CommutedExposureAxis_1470" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommutedExposureAxis_1501" xlink:to="Locator_mbi_CommutedExposureDomain_1502" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1503" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalCommutedExposureMember" xlink:label="Locator_mbi_TotalCommutedExposureMember_1504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommutedExposureDomain_1503" xlink:to="Locator_mbi_TotalCommutedExposureMember_1504" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1505" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="Locator_mbi_PreviouslyReportedCommutedExposureMember_1506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommutedExposureDomain_1505" xlink:to="Locator_mbi_PreviouslyReportedCommutedExposureMember_1506" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1471" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_1472" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1507" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1508" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_1510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1509" xlink:to="Locator_us-gaap_SubsequentEventMember_1510" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1467" xlink:to="Locator_dei_LegalEntityAxis_1468" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="Locator_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_1357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_1357" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1358" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_1577" xlink:to="Locator_invest_InvestmentDomain_1578" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1581" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1582" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1585" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_1586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1585" xlink:to="Locator_mbi_ConsumerAssetBackedMember_1586" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_1588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1587" xlink:to="Locator_mbi_CorporateAssetBackedMember_1588" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1589" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_1590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1589" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_1590" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1591" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_1592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1591" xlink:to="Locator_mbi_GlobalPublicFinanceMember_1592" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1593" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInsuranceMember" xlink:label="Locator_mbi_TotalInsuranceMember_1594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1593" xlink:to="Locator_mbi_TotalInsuranceMember_1594" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="Locator_us-gaap_CollateralizedLoanObligationsMember_1596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1595" xlink:to="Locator_us-gaap_CollateralizedLoanObligationsMember_1596" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1583" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1584" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_1580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1579" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_1580" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1513" xlink:to="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1514" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_1516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1515" xlink:to="Locator_us-gaap_Investments_1516" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1517" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1518" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1519" xlink:to="Locator_mbi_InsuranceLossRecoverable_1520" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_1522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1521" xlink:to="Locator_us-gaap_UnearnedPremiums_1522" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1523" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1524" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_1526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1525" xlink:to="Locator_us-gaap_DerivativeLiabilities_1526" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1511" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1512" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1527" xlink:to="Locator_us-gaap_TradingSecurities_1528" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="Locator_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_1531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="Locator_us-gaap_InvestmentHoldingsTable_1532" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_1531" xlink:to="Locator_us-gaap_InvestmentHoldingsTable_1532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="Locator_us-gaap_InvestmentHoldingsTable_1573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentHoldingsTable_1573" xlink:to="Locator_us-gaap_VariableInterestEntityLineItems_1574" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentHoldingsTable" xlink:label="Locator_us-gaap_InvestmentHoldingsTable_1575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentHoldingsTable_1575" xlink:to="Locator_invest_InvestmentAxis_1576" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1672" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1671" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1672" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNonPrimaryBeneficiaryMember" xlink:label="Locator_mbi_VariableInterestEntityNonPrimaryBeneficiaryMember_1676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1675" xlink:to="Locator_mbi_VariableInterestEntityNonPrimaryBeneficiaryMember_1676" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1673" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1674" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1677" xlink:to="Locator_us-gaap_SegmentDomain_1678" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1679" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_1680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1679" xlink:to="Locator_mbi_AdvisoryServicesMember_1680" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_1665" xlink:to="Locator_invest_InvestmentDomain_1666" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1667" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialIntermediaryMember" xlink:label="Locator_mbi_FinancialIntermediaryMember_1668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1667" xlink:to="Locator_mbi_FinancialIntermediaryMember_1668" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="Locator_us-gaap_CollateralizedLoanObligationsMember_1670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1669" xlink:to="Locator_us-gaap_CollateralizedLoanObligationsMember_1670" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1657" xlink:to="Locator_us-gaap_VariableInterestEntityLineItems_1658" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1597" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1598" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1599" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1600" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1601" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1602" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1603" xlink:to="Locator_us-gaap_TradingSecurities_1604" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1605" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1605" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1606" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="Locator_us-gaap_DeconsolidationGainOrLossAmount_1608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1607" xlink:to="Locator_us-gaap_DeconsolidationGainOrLossAmount_1608" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1609" xlink:to="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1610" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1611" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1611" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1612" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1661" xlink:to="Locator_invest_InvestmentAxis_1662" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1663" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1664" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1659" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1660" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_1615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_1615" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1616" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1779" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_1779" xlink:to="Locator_mbi_RangeDomain_1780" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_1782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_1781" xlink:to="Locator_us-gaap_MinimumMember_1782" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_1783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_1784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_1783" xlink:to="Locator_us-gaap_MaximumMember_1784" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_1773" xlink:to="Locator_dei_EntityDomain_1774" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1777" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_1778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1777" xlink:to="Locator_mbi_MbiaUkMember_1778" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1775" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_1776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1775" xlink:to="Locator_mbi_MbiaCorpMember_1776" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1769" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1770" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1771" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialRealEstateCollateralizedDebtObligationsMember" xlink:label="Locator_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_1772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1771" xlink:to="Locator_mbi_CommercialRealEstateCollateralizedDebtObligationsMember_1772" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1765" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1766" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1767" xlink:to="Locator_dei_LegalEntityAxis_1768" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1763" xlink:to="Locator_us-gaap_RangeAxis_1764" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1761" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1761" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1762" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1681" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountRateOfCreditImpairments" xlink:label="Locator_mbi_DiscountRateOfCreditImpairments_1682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1681" xlink:to="Locator_mbi_DiscountRateOfCreditImpairments_1682" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfStructuredCmbsCommutations" xlink:label="Locator_mbi_NumberOfStructuredCmbsCommutations_1684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1683" xlink:to="Locator_mbi_NumberOfStructuredCmbsCommutations_1684" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1685" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossExposureCommutedOnCmbsInsuredDerivatives" xlink:label="Locator_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_1686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1685" xlink:to="Locator_mbi_GrossExposureCommutedOnCmbsInsuredDerivatives_1686" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1687" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanBalanceReviewThreshold" xlink:label="Locator_mbi_LoanBalanceReviewThreshold_1688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1687" xlink:to="Locator_mbi_LoanBalanceReviewThreshold_1688" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentConvertibleConversionRatio1" xlink:label="Locator_us-gaap_DebtInstrumentConvertibleConversionRatio1_1690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1689" xlink:to="Locator_us-gaap_DebtInstrumentConvertibleConversionRatio1_1690" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProprietaryPerformanceDataOnCreLoansAmount" xlink:label="Locator_mbi_ProprietaryPerformanceDataOnCreLoansAmount_1692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1691" xlink:to="Locator_mbi_ProprietaryPerformanceDataOnCreLoansAmount_1692" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1693" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType" xlink:label="Locator_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_1694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1693" xlink:to="Locator_mbi_NumberOfRepresentativeCohortsInCommercialRealEstateProprietaryModelBasedOnDebtServiceCoverageRatioAndPropertyType_1694" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1695" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" xlink:label="Locator_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_1696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1695" xlink:to="Locator_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives_1696" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateITDCreditImpairmentOnCmbsDerivatives" xlink:label="Locator_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_1698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1697" xlink:to="Locator_mbi_AggregateITDCreditImpairmentOnCmbsDerivatives_1698" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1699" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances" xlink:label="Locator_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_1700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1699" xlink:to="Locator_mbi_CmbsSeveritiesExceededCompleteLossInCertainInstances_1700" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossOnLiquidation" xlink:label="Locator_mbi_PercentageOfLossOnLiquidation_1702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1701" xlink:to="Locator_mbi_PercentageOfLossOnLiquidation_1702" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1703" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumLoansWithDebtServiceCoverageRatio" xlink:label="Locator_mbi_MaximumLoansWithDebtServiceCoverageRatio_1704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1703" xlink:to="Locator_mbi_MaximumLoansWithDebtServiceCoverageRatio_1704" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1705" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1706" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract_1709" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeAbstract_1709" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1710" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2041" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_2041" xlink:to="Locator_mbi_RangeDomain_2042" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_2044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_2043" xlink:to="Locator_us-gaap_MinimumMember_2044" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_2046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_2045" xlink:to="Locator_us-gaap_MaximumMember_2046" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2009" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2010" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2011" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2012" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_2057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_2058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_2057" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_2058" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_2059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="Locator_us-gaap_ScenarioForecastMember_2060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_2059" xlink:to="Locator_us-gaap_ScenarioForecastMember_2060" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_2023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_2023" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_2024" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2025" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember" xlink:label="Locator_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_2026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2025" xlink:to="Locator_mbi_JuneTwoThousandTwelveToNovemberTwoThousandTwelveMember_2026" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2027" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember" xlink:label="Locator_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_2028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2027" xlink:to="Locator_mbi_NovemberTwoThousandTwelveToMarchThirtyFirstTwoThousandFourteenMember_2028" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2029" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember" xlink:label="Locator_mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember_2030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2029" xlink:to="Locator_mbi_DecemberTwoThousandTwelveToMayTwoThousandThirteenMember_2030" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2031" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="Locator_mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_2032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2031" xlink:to="Locator_mbi_MarchThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_2032" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2033" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember" xlink:label="Locator_mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember_2034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2033" xlink:to="Locator_mbi_MarchTwoThousandThirteenToAugustTwoThousandThirteenMember_2034" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="Locator_mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_2036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2035" xlink:to="Locator_mbi_SeptemberThirtyTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_2036" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2037" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember" xlink:label="Locator_mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember_2038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2037" xlink:to="Locator_mbi_JuneTwoThousandThirteenToNovemberTwoThousandThirteenMember_2038" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_2039" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_2040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_2039" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirteenToJuneThirtyTwoThousandFourteenMember_2040" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2047" xlink:to="Locator_us-gaap_SegmentDomain_2048" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2049" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienRMBSReservesMember" xlink:label="Locator_mbi_FirstLienRMBSReservesMember_2050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2049" xlink:to="Locator_mbi_FirstLienRMBSReservesMember_2050" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRMBSSecuritizationsMember" xlink:label="Locator_mbi_SecondLienRMBSSecuritizationsMember_2056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2055" xlink:to="Locator_mbi_SecondLienRMBSSecuritizationsMember_2056" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="Locator_mbi_RmbsAndHelocAndCesMember_2052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2051" xlink:to="Locator_mbi_RmbsAndHelocAndCesMember_2052" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2053" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_2054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2053" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_2054" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MunicipalBondsMember" xlink:label="Locator_us-gaap_MunicipalBondsMember_2008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2007" xlink:to="Locator_us-gaap_MunicipalBondsMember_2008" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1987" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1987" xlink:to="Locator_mbi_LoanStatusAxis_1988" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_2013" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_2014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusAxis_2013" xlink:to="Locator_mbi_LoanStatusDomain_2014" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_2015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeclosureMember" xlink:label="Locator_mbi_ForeclosureMember_2016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusDomain_2015" xlink:to="Locator_mbi_ForeclosureMember_2016" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_2017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealEstateOwnedMember" xlink:label="Locator_mbi_RealEstateOwnedMember_2018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusDomain_2017" xlink:to="Locator_mbi_RealEstateOwnedMember_2018" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_2019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankruptcyMember" xlink:label="Locator_mbi_BankruptcyMember_2020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusDomain_2019" xlink:to="Locator_mbi_BankruptcyMember_2020" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_2021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessSpreadMember" xlink:label="Locator_mbi_ExcessSpreadMember_2022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusDomain_2021" xlink:to="Locator_mbi_ExcessSpreadMember_2022" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1989" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="Locator_mbi_DelinquencyPeriodAxis_1990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1989" xlink:to="Locator_mbi_DelinquencyPeriodAxis_1990" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodAxis" xlink:label="Locator_mbi_DelinquencyPeriodAxis_2061" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="Locator_mbi_DelinquencyBucketsDomain_2062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DelinquencyPeriodAxis_2061" xlink:to="Locator_mbi_DelinquencyBucketsDomain_2062" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyBucketsDomain" xlink:label="Locator_mbi_DelinquencyBucketsDomain_2063" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AltMember" xlink:label="Locator_mbi_AltMember_2064" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DelinquencyBucketsDomain_2063" xlink:to="Locator_mbi_AltMember_2064" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1991" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_1992" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_1994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1993" xlink:to="Locator_us-gaap_StatementScenarioAxis_1994" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1995" xlink:to="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_1996" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesTypeAxis" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_2065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesDomain_2066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationAllowancesAndReservesTypeAxis_2065" xlink:to="Locator_us-gaap_ValuationAllowancesAndReservesDomain_2066" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDomain" xlink:label="Locator_us-gaap_ValuationAllowancesAndReservesDomain_2067" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RateReductionMember" xlink:label="Locator_mbi_RateReductionMember_2068" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationAllowancesAndReservesDomain_2067" xlink:to="Locator_mbi_RateReductionMember_2068" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_2000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1999" xlink:to="Locator_us-gaap_InvestmentTypeAxis_2000" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_2069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_2069" xlink:to="Locator_invest_InvestmentDomain_2070" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_1998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1997" xlink:to="Locator_us-gaap_RangeAxis_1998" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1985" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1986" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2001" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2001" xlink:to="Locator_mbi_ClassifiedStatusAxis_2002" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2072" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusAxis_2071" xlink:to="Locator_mbi_ClassifiedStatusDomain_2072" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2073" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="Locator_mbi_ClassifiedMember_2074" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2073" xlink:to="Locator_mbi_ClassifiedMember_2074" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2003" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2004" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1983" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1983" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1984" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1793" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChargedOffLoanRecoveryValue" xlink:label="Locator_mbi_ChargedOffLoanRecoveryValue_1794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1793" xlink:to="Locator_mbi_ChargedOffLoanRecoveryValue_1794" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays" xlink:label="Locator_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_1796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1795" xlink:to="Locator_mbi_DelinquencyPeriodChargedOffOnTransactionSpecificBasisDays_1796" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1801" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForLoans" xlink:label="Locator_mbi_AssumedRollRateForLoans_1802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1801" xlink:to="Locator_mbi_AssumedRollRateForLoans_1802" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRollRateToLossSet" xlink:label="Locator_mbi_PercentageOfRollRateToLossSet_1804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1803" xlink:to="Locator_mbi_PercentageOfRollRateToLossSet_1804" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod" xlink:label="Locator_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_1806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1805" xlink:to="Locator_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod_1806" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1807" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned" xlink:label="Locator_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_1808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1807" xlink:to="Locator_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned_1808" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths" xlink:label="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_1810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1809" xlink:to="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths_1810" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket" xlink:label="Locator_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_1812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1811" xlink:to="Locator_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket_1812" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfLoansChargedOff" xlink:label="Locator_mbi_PercentageOfLoansChargedOff_1814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1813" xlink:to="Locator_mbi_PercentageOfLoansChargedOff_1814" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1815" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfCurrentRollToLossForTransaction" xlink:label="Locator_mbi_PercentageOfCurrentRollToLossForTransaction_1816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1815" xlink:to="Locator_mbi_PercentageOfCurrentRollToLossForTransaction_1816" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction" xlink:label="Locator_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_1818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1817" xlink:to="Locator_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction_1818" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1819" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction" xlink:label="Locator_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_1820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1819" xlink:to="Locator_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction_1820" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths" xlink:label="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_1822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1821" xlink:to="Locator_mbi_PeriodOfElevatedDelinquencyAndLossForStressCaseAdditionalMonths_1822" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1823" xlink:to="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1824" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1827" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths" xlink:label="Locator_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_1828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1827" xlink:to="Locator_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths_1828" order="22.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1799" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1799" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1800" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1825" xlink:to="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1826" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1791" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1792" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_1798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1797" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_1798" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1787" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1787" xlink:to="Locator_mbi_InsuranceLossRecoverable_1788" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_1790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1789" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_1790" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_1785" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1786" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2005" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2005" xlink:to="Locator_mbi_ClaimLiabilityAxis_2006" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2075" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2076" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2075" xlink:to="Locator_mbi_ClaimLiabilityDomain_2076" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2077" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2078" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2077" xlink:to="Locator_mbi_LossAndLaeReservesMember_2078" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract_1831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeAbstract_1831" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1832" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2189" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_2189" xlink:to="Locator_mbi_RangeDomain_2190" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_2192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_2191" xlink:to="Locator_us-gaap_MinimumMember_2192" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_2193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_2194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_2193" xlink:to="Locator_us-gaap_MaximumMember_2194" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_2183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_2184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_2183" xlink:to="Locator_dei_EntityDomain_2184" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_2185" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaSettlementWithFannieMaeMember" xlink:label="Locator_mbi_BankOfAmericaSettlementWithFannieMaeMember_2186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_2185" xlink:to="Locator_mbi_BankOfAmericaSettlementWithFannieMaeMember_2186" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_2187" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcludingBankOfAmericaAndFlagstarMember" xlink:label="Locator_mbi_ExcludingBankOfAmericaAndFlagstarMember_2188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_2187" xlink:to="Locator_mbi_ExcludingBankOfAmericaAndFlagstarMember_2188" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2195" xlink:to="Locator_us-gaap_SegmentDomain_2196" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2197" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstAndSecondLienRmbsMember" xlink:label="Locator_mbi_FirstAndSecondLienRmbsMember_2198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2197" xlink:to="Locator_mbi_FirstAndSecondLienRmbsMember_2198" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2199" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienRmbsIneligibleMortgageLoansMember" xlink:label="Locator_mbi_SecondLienRmbsIneligibleMortgageLoansMember_2200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2199" xlink:to="Locator_mbi_SecondLienRmbsIneligibleMortgageLoansMember_2200" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="Locator_mbi_RmbsAndHelocAndCesMember_2202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2201" xlink:to="Locator_mbi_RmbsAndHelocAndCesMember_2202" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2203" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2203" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2204" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_2208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2207" xlink:to="Locator_dei_LegalEntityAxis_2208" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2209" xlink:to="Locator_us-gaap_RangeAxis_2210" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2211" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2212" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2205" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2206" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_2080" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2079" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_2080" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2081" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_2082" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2081" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesAfterIncomeTaxes_2082" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2083" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity" xlink:label="Locator_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_2084" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2083" xlink:to="Locator_mbi_PercentageOfRecognizedEstimatedRecoveriesInRelationshipToConsolidatedTotalShareholdersEquity_2084" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2085" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfIneligibleMortgageLoans" xlink:label="Locator_mbi_PercentageOfIneligibleMortgageLoans_2086" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2085" xlink:to="Locator_mbi_PercentageOfIneligibleMortgageLoans_2086" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2087" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SumOfProbabilitiesAssignedToAllScenarios" xlink:label="Locator_mbi_SumOfProbabilitiesAssignedToAllScenarios_2088" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2087" xlink:to="Locator_mbi_SumOfProbabilitiesAssignedToAllScenarios_2088" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum" xlink:label="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_2090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2089" xlink:to="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMinimum_2090" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum" xlink:label="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_2092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2091" xlink:to="Locator_mbi_CurrentRiskFreeRateAssociatedWithUnderlyingTransactionRangeMaximum_2092" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2093" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_2094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2093" xlink:to="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_2094" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2095" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateOfEstimatedPotentialRecoveries" xlink:label="Locator_mbi_AggregateOfEstimatedPotentialRecoveries_2096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2095" xlink:to="Locator_mbi_AggregateOfEstimatedPotentialRecoveries_2096" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2097" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedForAssuredGuarantyPutBackClaims" xlink:label="Locator_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_2098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2097" xlink:to="Locator_mbi_SettlementReceivedForAssuredGuarantyPutBackClaims_2098" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2099" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims" xlink:label="Locator_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_2100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2099" xlink:to="Locator_mbi_SettlementReceivedByAssuredGuarantyFromBankOfAmericaForPutBackClaims_2100" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans" xlink:label="Locator_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_2102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2101" xlink:to="Locator_mbi_AmountOfRepurchaseRequestResolvedRelatedToIneligibleLoans_2102" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2103" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations" xlink:label="Locator_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_2104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2103" xlink:to="Locator_mbi_AssuredGuarantyFavorableRulingOnBreachOfMortgageRepresentations_2104" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapSettlementAmountPerTermSheet" xlink:label="Locator_mbi_RescapSettlementAmountPerTermSheet_2106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2105" xlink:to="Locator_mbi_RescapSettlementAmountPerTermSheet_2106" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RescapRecoveryPerDisclosureStatement" xlink:label="Locator_mbi_RescapRecoveryPerDisclosureStatement_2108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2107" xlink:to="Locator_mbi_RescapRecoveryPerDisclosureStatement_2108" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2109" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_2110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2109" xlink:to="Locator_mbi_LoanRepurchaseCommitments_2110" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2111" xlink:to="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2112" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2113" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2113" xlink:to="Locator_mbi_InsuranceLossRecoverable_2114" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract_2181" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeAbstract_2181" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2182" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2369" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2371" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2372" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2373" xlink:to="Locator_us-gaap_SegmentDomain_2374" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2375" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RmbsAndHelocAndCesMember" xlink:label="Locator_mbi_RmbsAndHelocAndCesMember_2376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2375" xlink:to="Locator_mbi_RmbsAndHelocAndCesMember_2376" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="Locator_mbi_IneligibleMortgageLoansMember_2380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2379" xlink:to="Locator_mbi_IneligibleMortgageLoansMember_2380" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2377" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2378" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2381" xlink:to="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2382" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_2384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2383" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_2384" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_2385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_2386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentOperatingActivitiesDomain_2385" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_2386" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_2253" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_2253" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2254" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2365" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="Locator_mbi_ReviewStatusAxis_2366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2365" xlink:to="Locator_mbi_ReviewStatusAxis_2366" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusAxis" xlink:label="Locator_mbi_ReviewStatusAxis_2387" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="Locator_mbi_ReviewStatusDomain_2388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ReviewStatusAxis_2387" xlink:to="Locator_mbi_ReviewStatusDomain_2388" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewStatusDomain" xlink:label="Locator_mbi_ReviewStatusDomain_2389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReviewedMember" xlink:label="Locator_mbi_ReviewedMember_2390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ReviewStatusDomain_2389" xlink:to="Locator_mbi_ReviewedMember_2390" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2367" xlink:to="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_2368" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2359" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2360" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2361" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2361" xlink:to="Locator_mbi_ClassifiedStatusAxis_2362" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2391" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2392" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusAxis_2391" xlink:to="Locator_mbi_ClassifiedStatusDomain_2392" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2393" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CdoPortfolioMember" xlink:label="Locator_mbi_CdoPortfolioMember_2394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2393" xlink:to="Locator_mbi_CdoPortfolioMember_2394" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleLoanRecoveriesMember" xlink:label="Locator_mbi_IneligibleLoanRecoveriesMember_2400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2399" xlink:to="Locator_mbi_IneligibleLoanRecoveriesMember_2400" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2395" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="Locator_mbi_ClassifiedMember_2396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2395" xlink:to="Locator_mbi_ClassifiedMember_2396" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2397" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2397" xlink:to="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2398" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2363" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2364" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2355" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2355" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2356" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2213" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateCdoLossAndLaeReserves" xlink:label="Locator_mbi_AggregateCdoLossAndLaeReserves_2214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2213" xlink:to="Locator_mbi_AggregateCdoLossAndLaeReserves_2214" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2215" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie" xlink:label="Locator_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_2216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2215" xlink:to="Locator_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie_2216" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2219" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie" xlink:label="Locator_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_2220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2219" xlink:to="Locator_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie_2220" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExcessInterestCashFlowsFromSecuritizations" xlink:label="Locator_mbi_ExcessInterestCashFlowsFromSecuritizations_2222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2221" xlink:to="Locator_mbi_ExcessInterestCashFlowsFromSecuritizations_2222" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2223" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_2224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2223" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensePaymentsNetOfReinsurance_2224" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2225" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses" xlink:label="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_2226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2225" xlink:to="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverableRelatedToPaidLosses_2226" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2227" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReservesForExpectedFutureClaimPayments" xlink:label="Locator_mbi_ReservesForExpectedFutureClaimPayments_2228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2227" xlink:to="Locator_mbi_ReservesForExpectedFutureClaimPayments_2228" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2229" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2229" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2230" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries" xlink:label="Locator_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_2232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2231" xlink:to="Locator_mbi_NumberOfInsuredIssuesReviewedWithRecordedRecoveries_2232" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta" xlink:label="Locator_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_2234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2233" xlink:to="Locator_mbi_NumberOfTransactionsReceivedConsiderationAndExcludedFromLoanFilesReviewedWithPotentialRecoveriesIncludingAlta_2234" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_2236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2235" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_2236" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2237" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="Locator_mbi_TotalEstimatedInsuranceRecoveries_2238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2237" xlink:to="Locator_mbi_TotalEstimatedInsuranceRecoveries_2238" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2243" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_2244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2243" xlink:to="Locator_mbi_LoanRepurchaseCommitments_2244" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2245" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_2246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2245" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseCollectionsNetOfReinsuranceAndPayments_2246" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2249" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_2250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2249" xlink:to="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_2250" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2247" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2247" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2248" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2217" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2218" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2239" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2240" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2241" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2241" xlink:to="Locator_mbi_InsuranceLossRecoverable_2242" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2357" xlink:to="Locator_mbi_ClaimLiabilityAxis_2358" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2401" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2401" xlink:to="Locator_mbi_ClaimLiabilityDomain_2402" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeMember" xlink:label="Locator_us-gaap_FinancialGuaranteeMember_2404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2403" xlink:to="Locator_us-gaap_FinancialGuaranteeMember_2404" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2411" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2412" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2405" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2405" xlink:to="Locator_mbi_LossAndLaeReservesMember_2406" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2409" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2409" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2410" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2407" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_RecoveriesOnUnpaidLossesMember_2408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2407" xlink:to="Locator_mbi_RecoveriesOnUnpaidLossesMember_2408" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2455" xlink:to="Locator_us-gaap_SegmentDomain_2456" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2457" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2458" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2460" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2459" xlink:to="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2460" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2461" xlink:to="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2462" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2465" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2466" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2463" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2464" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2413" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2413" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_2414" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2415" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOfActualAndExpectedPayments" xlink:label="Locator_mbi_RecoveriesOfActualAndExpectedPayments_2416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2415" xlink:to="Locator_mbi_RecoveriesOfActualAndExpectedPayments_2416" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2417" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossesIncurredGrossOfReinsurance" xlink:label="Locator_mbi_LossesIncurredGrossOfReinsurance_2418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2417" xlink:to="Locator_mbi_LossesIncurredGrossOfReinsurance_2418" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceCostsAndRecoveriesNet" xlink:label="Locator_us-gaap_ReinsuranceCostsAndRecoveriesNet_2420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2419" xlink:to="Locator_us-gaap_ReinsuranceCostsAndRecoveriesNet_2420" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2421" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2422" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract_2453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesAbstract_2453" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2454" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2542" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2541" xlink:to="Locator_mbi_SurveillanceCategoriesAxis_2542" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2543" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2544" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesAxis_2543" xlink:to="Locator_mbi_SurveillanceCategoriesDomain_2544" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2545" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListLowMember" xlink:label="Locator_mbi_CautionListLowMember_2546" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2545" xlink:to="Locator_mbi_CautionListLowMember_2546" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListMediumMember" xlink:label="Locator_mbi_CautionListMediumMember_2548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2547" xlink:to="Locator_mbi_CautionListMediumMember_2548" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2549" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CautionListHighMember" xlink:label="Locator_mbi_CautionListHighMember_2550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2549" xlink:to="Locator_mbi_CautionListHighMember_2550" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2551" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedListMember" xlink:label="Locator_mbi_ClassifiedListMember_2552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2551" xlink:to="Locator_mbi_ClassifiedListMember_2552" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2539" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2539" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2540" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2467" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfPolicies" xlink:label="Locator_mbi_NumberOfPolicies_2468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2467" xlink:to="Locator_mbi_NumberOfPolicies_2468" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2469" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2470" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2471" xlink:to="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2472" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2473" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2474" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2475" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2476" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2477" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2478" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2480" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2479" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2480" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2481" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2482" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2483" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2484" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2485" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2486" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2487" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2488" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_2537" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_2537" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2538" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2619" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2619" xlink:to="Locator_mbi_ClassifiedStatusAxis_2620" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2621" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusAxis_2621" xlink:to="Locator_mbi_ClassifiedStatusDomain_2622" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2623" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedMember" xlink:label="Locator_mbi_ClassifiedMember_2624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2623" xlink:to="Locator_mbi_ClassifiedMember_2624" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2617" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2617" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2618" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2554" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2553" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2554" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2555" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeInsuranceLossRecoverable" xlink:label="Locator_mbi_LaeInsuranceLossRecoverable_2556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2555" xlink:to="Locator_mbi_LaeInsuranceLossRecoverable_2556" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2557" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2557" xlink:to="Locator_mbi_InsuranceLossRecoverable_2558" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims" xlink:label="Locator_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_2560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2559" xlink:to="Locator_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims_2560" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses" xlink:label="Locator_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_2562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2561" xlink:to="Locator_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses_2562" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesPaidLossesRecoverable" xlink:label="Locator_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_2564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2563" xlink:to="Locator_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable_2564" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2565" xlink:to="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_2566" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2567" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2568" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2625" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2625" xlink:to="Locator_mbi_ClaimLiabilityAxis_2626" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2627" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2627" xlink:to="Locator_mbi_ClaimLiabilityDomain_2628" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2629" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesClaimLiabilityMember" xlink:label="Locator_mbi_LossReservesClaimLiabilityMember_2630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2629" xlink:to="Locator_mbi_LossReservesClaimLiabilityMember_2630" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2631" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LaeReservesMember" xlink:label="Locator_mbi_LaeReservesMember_2632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2631" xlink:to="Locator_mbi_LaeReservesMember_2632" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2633" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2633" xlink:to="Locator_mbi_LossAndLaeReservesMember_2634" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2635" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2635" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2636" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract_2615" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfProbabilityWeightedFutureClaimPaymentsAndRecoveriesAbstract_2615" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2616" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2677" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2678" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2679" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="Locator_mbi_NonVariableInterestEntitiesMember_2680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2679" xlink:to="Locator_mbi_NonVariableInterestEntitiesMember_2680" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2681" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2682" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2685" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2685" xlink:to="Locator_mbi_ClassifiedStatusAxis_2686" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusAxis" xlink:label="Locator_mbi_ClassifiedStatusAxis_2687" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusAxis_2687" xlink:to="Locator_mbi_ClassifiedStatusDomain_2688" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2689" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredIssuesDesignatedAsClassifiedListMember" xlink:label="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2689" xlink:to="Locator_mbi_InsuredIssuesDesignatedAsClassifiedListMember_2690" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassifiedStatusDomain" xlink:label="Locator_mbi_ClassifiedStatusDomain_2691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanFilesReviewedWithPotentialRecoveriesMember" xlink:label="Locator_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_2692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClassifiedStatusDomain_2691" xlink:to="Locator_mbi_LoanFilesReviewedWithPotentialRecoveriesMember_2692" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2693" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2694" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2683" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2684" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2637" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfInsuredIssuesReviewed" xlink:label="Locator_mbi_NumberOfInsuredIssuesReviewed_2638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2637" xlink:to="Locator_mbi_NumberOfInsuredIssuesReviewed_2638" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2639" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2640" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2641" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2642" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2643" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2644" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2645" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2646" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract_2675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfConsolidatedViesAbstract_2675" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2676" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2739" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2739" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2740" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2695" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="Locator_mbi_LossPaymentsForCasesWithReserves_2696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2695" xlink:to="Locator_mbi_LossPaymentsForCasesWithReserves_2696" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2697" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2698" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2699" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2700" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2701" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2702" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2703" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2704" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" xlink:label="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_2706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2705" xlink:to="Locator_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve_2706" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2707" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2707" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2708" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2709" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2710" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2711" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2712" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2741" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2742" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2741" xlink:to="Locator_mbi_ClaimLiabilityAxis_2742" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2743" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2744" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2743" xlink:to="Locator_mbi_ClaimLiabilityDomain_2744" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2745" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2745" xlink:to="Locator_mbi_LossAndLaeReservesMember_2746" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_2737" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_2737" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2738" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2807" xlink:to="Locator_us-gaap_SegmentDomain_2808" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2809" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2810" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2811" xlink:to="Locator_mbi_ClaimLiabilityDomain_2812" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2813" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2814" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2815" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_RecoveriesOnUnpaidLossesMember_2816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2815" xlink:to="Locator_mbi_RecoveriesOnUnpaidLossesMember_2816" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_2805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_2805" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2806" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2819" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2820" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2817" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2818" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2747" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="Locator_mbi_CollectionsForCasesWithRecoveries_2748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2747" xlink:to="Locator_mbi_CollectionsForCasesWithRecoveries_2748" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2749" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2749" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2750" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2751" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2751" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2752" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2753" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2753" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2754" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2755" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2755" xlink:to="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2756" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2757" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2757" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2758" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2759" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2759" xlink:to="Locator_mbi_InsuranceLossRecoverable_2760" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2761" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2761" xlink:to="Locator_mbi_InsuranceLossRecoverable_2762" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2763" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2763" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2764" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2765" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2765" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2766" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2767" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2767" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2768" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2769" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2769" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2770" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2821" xlink:to="Locator_mbi_ClaimLiabilityAxis_2822" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2859" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2860" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2859" xlink:to="Locator_mbi_ClaimLiabilityDomain_2860" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2861" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="Locator_mbi_IneligibleMortgageLoansMember_2862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2861" xlink:to="Locator_mbi_IneligibleMortgageLoansMember_2862" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2863" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2863" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2864" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_2824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2823" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesAccretionOfFutureCollections_2824" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_2826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2825" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesChangeInDiscountRate_2826" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2827" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesCollections" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesCollections_2828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2827" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesCollections_2828" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceRecoveriesChangeInAssumptions" xlink:label="Locator_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_2830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2829" xlink:to="Locator_mbi_EstimatedInsuranceRecoveriesChangeInAssumptions_2830" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedInsuranceChangesOther" xlink:label="Locator_mbi_EstimatedInsuranceChangesOther_2832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2831" xlink:to="Locator_mbi_EstimatedInsuranceChangesOther_2832" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2833" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2834" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_2836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2835" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_2836" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2865" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2865" xlink:to="Locator_mbi_ClaimLiabilityAxis_2866" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract_2857" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2858" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfTotalEstimatedRecoveriesFromIneligibleSecondLienMortgageLoansAbstract_2857" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2858" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2881" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2881" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2882" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredGross" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross_2868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesLineItems_2867" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross_2868" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2883" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2883" xlink:to="Locator_mbi_ClaimLiabilityAxis_2884" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2885" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2885" xlink:to="Locator_mbi_ClaimLiabilityDomain_2886" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2887" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemedialActionsForInsuredObligationsMember" xlink:label="Locator_mbi_RemedialActionsForInsuredObligationsMember_2888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2887" xlink:to="Locator_mbi_RemedialActionsForInsuredObligationsMember_2888" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract_2879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsAbstract_2879" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2880" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2981" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2982" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2983" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2984" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2985" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_2986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2985" xlink:to="Locator_mbi_BETValuationModelMember_2986" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2987" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_2988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2987" xlink:to="Locator_mbi_DirectPriceModelMember_2988" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2979" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2980" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2889" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2889" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2890" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2891" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2891" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2892" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2893" xlink:to="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2894" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2895" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2896" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2897" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2897" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2898" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2899" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2900" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2901" xlink:to="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2902" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2903" xlink:to="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2904" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2905" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2905" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2906" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2907" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2907" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2908" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2909" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelThree" xlink:label="Locator_mbi_TransfersIntoLevelThree_2910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2909" xlink:to="Locator_mbi_TransfersIntoLevelThree_2910" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2911" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="Locator_mbi_TransfersOutOfLevelThree_2912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2911" xlink:to="Locator_mbi_TransfersOutOfLevelThree_2912" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2913" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="Locator_mbi_TransfersIntoLevelTwo_2914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2913" xlink:to="Locator_mbi_TransfersIntoLevelTwo_2914" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2915" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="Locator_mbi_TransfersOutOfLevelTwo_2916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2915" xlink:to="Locator_mbi_TransfersOutOfLevelTwo_2916" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="Locator_mbi_TransfersIntoAndOutOfLevelOne_2918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2917" xlink:to="Locator_mbi_TransfersIntoAndOutOfLevelOne_2918" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2919" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2919" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2920" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2921" xlink:to="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2922" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2923" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2923" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2924" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2925" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="Locator_mbi_InterestRateOnSurplusNotes_2926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2925" xlink:to="Locator_mbi_InterestRateOnSurplusNotes_2926" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementNarrativeAbstract_2977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementNarrativeAbstract_2977" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2978" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_3113" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_3113" xlink:to="Locator_mbi_RangeDomain_3114" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_3116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_3115" xlink:to="Locator_us-gaap_WeightedAverageMember_3116" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_3118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_3117" xlink:to="Locator_us-gaap_MinimumMember_3118" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_3119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_3120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_3119" xlink:to="Locator_us-gaap_MaximumMember_3120" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3099" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3100" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3101" xlink:to="Locator_mbi_CreditDerivativesMember_3102" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3103" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3104" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_3091" xlink:to="Locator_invest_InvestmentDomain_3092" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3093" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MultiSectorCDOMember" xlink:label="Locator_mbi_MultiSectorCDOMember_3094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3093" xlink:to="Locator_mbi_MultiSectorCDOMember_3094" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3095" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_3096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3095" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_3096" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3097" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3098" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3105" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3106" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3107" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3108" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3109" xlink:to="Locator_us-gaap_LoansReceivableMember_3110" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3111" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3111" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3112" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3089" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3090" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3121" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_3122" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2989" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="Locator_mbi_FairValueMeasurementRangePercentage_2990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2989" xlink:to="Locator_mbi_FairValueMeasurementRangePercentage_2990" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2991" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="Locator_mbi_FairValueMeasurementRangeDollars_2992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2991" xlink:to="Locator_mbi_FairValueMeasurementRangeDollars_2992" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2993" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="Locator_mbi_FairValueDisclosureWeightedAverageInYears_2994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2993" xlink:to="Locator_mbi_FairValueDisclosureWeightedAverageInYears_2994" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2995" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2996" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_2998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2997" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_2998" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3123" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3124" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3125" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3126" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_3128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3127" xlink:to="Locator_mbi_UnobservableInputAxis_3128" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_3129" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputAxis_3129" xlink:to="Locator_mbi_UnobservableInputDomain_3130" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3131" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="Locator_mbi_ImpactOfFinancialGuaranteeMember_3132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3131" xlink:to="Locator_mbi_ImpactOfFinancialGuaranteeMember_3132" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3133" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RecoveryRatesMember" xlink:label="Locator_mbi_RecoveryRatesMember_3134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3133" xlink:to="Locator_mbi_RecoveryRatesMember_3134" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3135" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BreachRateMember" xlink:label="Locator_mbi_BreachRateMember_3136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3135" xlink:to="Locator_mbi_BreachRateMember_3136" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3137" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonperformanceRiskMember" xlink:label="Locator_mbi_NonperformanceRiskMember_3138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3137" xlink:to="Locator_mbi_NonperformanceRiskMember_3138" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3139" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageLifeMember" xlink:label="Locator_mbi_WeightedAverageLifeMember_3140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3139" xlink:to="Locator_mbi_WeightedAverageLifeMember_3140" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_3142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3141" xlink:to="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_3142" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_3143" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="Locator_mbi_DiscountedCashFlowsMember_3144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_3143" xlink:to="Locator_mbi_DiscountedCashFlowsMember_3144" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3145" xlink:to="Locator_invest_InvestmentAxis_3146" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_3148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3147" xlink:to="Locator_us-gaap_RangeAxis_3148" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_3150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_3149" xlink:to="Locator_us-gaap_ValuationTechniqueAxis_3150" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_3151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueAxis_3151" xlink:to="Locator_us-gaap_ValuationTechniqueDomain_3152" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3153" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember" xlink:label="Locator_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_3154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3153" xlink:to="Locator_mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember_3154" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3155" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountedCashFlowMember" xlink:label="Locator_mbi_DiscountedCashFlowMember_3156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3155" xlink:to="Locator_mbi_DiscountedCashFlowMember_3156" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3157" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_3158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3157" xlink:to="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_3158" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3159" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_3160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3159" xlink:to="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_3160" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3161" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_3162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3161" xlink:to="Locator_mbi_BETValuationModelMember_3162" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3163" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_3164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3163" xlink:to="Locator_mbi_DirectPriceModelMember_3164" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_3165" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="Locator_mbi_BetanddualdefaultvaluationmodelsMember_3166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_3165" xlink:to="Locator_mbi_BetanddualdefaultvaluationmodelsMember_3166" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3399" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3400" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3401" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3337" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3338" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="Locator_mbi_OtherFixedMaturityInvestmentsMember_3344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3343" xlink:to="Locator_mbi_OtherFixedMaturityInvestmentsMember_3344" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_3342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3341" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_3342" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_3340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3339" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_3340" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3413" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3414" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_3418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3417" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_3418" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_3420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3419" xlink:to="Locator_mbi_DerivativeAssetsMember_3420" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsHeldForSaleMember" xlink:label="Locator_us-gaap_AssetsHeldForSaleMember_3422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3421" xlink:to="Locator_us-gaap_AssetsHeldForSaleMember_3422" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3425" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_3426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3425" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_3426" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_3428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3427" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_3428" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3429" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesheldforsaleMember" xlink:label="Locator_mbi_LiabilitiesheldforsaleMember_3430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3429" xlink:to="Locator_mbi_LiabilitiesheldforsaleMember_3430" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_3416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3415" xlink:to="Locator_us-gaap_FixedMaturitiesMember_3416" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3423" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_3424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3423" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_3424" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_3351" xlink:to="Locator_invest_InvestmentDomain_3352" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansreceivableatfairvalueMember" xlink:label="Locator_mbi_LoansreceivableatfairvalueMember_3380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3379" xlink:to="Locator_mbi_LoansreceivableatfairvalueMember_3380" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_3386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3385" xlink:to="Locator_us-gaap_WarrantMember_3386" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableforloanspurchasedMember" xlink:label="Locator_mbi_PayableforloanspurchasedMember_3390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3389" xlink:to="Locator_mbi_PayableforloanspurchasedMember_3390" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3391" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativesMember" xlink:label="Locator_mbi_OtherDerivativesMember_3392" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3391" xlink:to="Locator_mbi_OtherDerivativesMember_3392" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_3398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3397" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_3398" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3359" xlink:to="Locator_mbi_CorporateObligationMember_3360" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3373" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_3374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3373" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_3374" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3381" xlink:to="Locator_us-gaap_MediumTermNotesMember_3382" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3375" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3375" xlink:to="Locator_mbi_CreditDerivativesMember_3376" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_3378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3377" xlink:to="Locator_mbi_InterestRateDerivativesMember_3378" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3387" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3387" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3388" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_3384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3383" xlink:to="Locator_mbi_CurrencyDerivativesMember_3384" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_3394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3393" xlink:to="Locator_us-gaap_EquitySecuritiesMember_3394" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_3354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3353" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_3354" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3355" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3356" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_3358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3357" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_3358" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3361" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_3362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3361" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_3362" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3363" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3363" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3364" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3365" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3366" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_3368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3367" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_3368" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3369" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_3370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3369" xlink:to="Locator_mbi_OtherAssetBackedMember_3370" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_3372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3371" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_3372" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3395" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3395" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3396" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3317" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3318" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesByTypeAxis_3329" xlink:to="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3330" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3331" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableBondsMember" xlink:label="Locator_mbi_TaxableBondsMember_3332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3331" xlink:to="Locator_mbi_TaxableBondsMember_3332" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxExemptBondsMember" xlink:label="Locator_mbi_TaxExemptBondsMember_3334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3333" xlink:to="Locator_mbi_TaxExemptBondsMember_3334" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsByTypeDomain" xlink:label="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3335" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalInvestmentsMember" xlink:label="Locator_mbi_TotalInvestmentsMember_3336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsByTypeDomain_3335" xlink:to="Locator_mbi_TotalInvestmentsMember_3336" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3321" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3322" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_3326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3325" xlink:to="Locator_us-gaap_FairValueByLiabilityClassAxis_3326" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_3345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByLiabilityClassAxis_3345" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3346" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredDerivativesMember" xlink:label="Locator_mbi_InsuredDerivativesMember_3348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3347" xlink:to="Locator_mbi_InsuredDerivativesMember_3348" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3349" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="Locator_mbi_NonInsuredDerivativesMember_3350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_3349" xlink:to="Locator_mbi_NonInsuredDerivativesMember_3350" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3319" xlink:to="Locator_invest_InvestmentAxis_3320" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3323" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3324" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3313" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3314" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3403" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NettingAndCollateralMember" xlink:label="Locator_us-gaap_NettingAndCollateralMember_3412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3411" xlink:to="Locator_us-gaap_NettingAndCollateralMember_3412" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_3406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3405" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_3406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_3408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3407" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_3408" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3409" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3410" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3311" xlink:to="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3312" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureRecurring_3168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3167" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureRecurring_3168" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_3170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3169" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_3170" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3315" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3316" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3327" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3328" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3431" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialPrimeFinancingReceivableMember" xlink:label="Locator_us-gaap_ResidentialPrimeFinancingReceivableMember_3434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3433" xlink:to="Locator_us-gaap_ResidentialPrimeFinancingReceivableMember_3434" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3435" xlink:to="Locator_us-gaap_LoansReceivableMember_3436" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3437" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3437" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3438" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3173" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3174" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3583" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3585" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3586" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3587" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3588" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_3590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3589" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_3590" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_3592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3591" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_3592" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3593" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3594" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_3473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_3473" xlink:to="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3571" xlink:to="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3572" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_3440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3439" xlink:to="Locator_us-gaap_OtherInvestments_3440" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="Locator_us-gaap_AccruedInvestmentIncomeReceivable_3442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3441" xlink:to="Locator_us-gaap_AccruedInvestmentIncomeReceivable_3442" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="Locator_mbi_ReceivableForInvestmentsSold_3444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3443" xlink:to="Locator_mbi_ReceivableForInvestmentsSold_3444" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_3446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3445" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_3446" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3447" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3448" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Cashcollateralpledge" xlink:label="Locator_mbi_Cashcollateralpledge_3450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3449" xlink:to="Locator_mbi_Cashcollateralpledge_3450" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3451" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_3452" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_3454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3453" xlink:to="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_3454" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_3456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3455" xlink:to="Locator_us-gaap_MediumTermNotes_3456" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="Locator_us-gaap_LongTermDebtFairValue_3458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3457" xlink:to="Locator_us-gaap_LongTermDebtFairValue_3458" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_3460" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3459" xlink:to="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_3460" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_3462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3461" xlink:to="Locator_us-gaap_NotesPayable_3462" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_3464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3463" xlink:to="Locator_mbi_Payableforloanspurchased_3464" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3465" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_3466" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3467" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeGross" xlink:label="Locator_mbi_FinancialGuaranteeGross_3468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3467" xlink:to="Locator_mbi_FinancialGuaranteeGross_3468" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3469" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="Locator_mbi_FinancialGuaranteeCeded_3470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_3469" xlink:to="Locator_mbi_FinancialGuaranteeCeded_3470" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_3574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3573" xlink:to="Locator_us-gaap_FairValueByMeasurementBasisAxis_3574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_3595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByMeasurementBasisAxis_3595" xlink:to="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3596" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_3598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3597" xlink:to="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_3598" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueDisclosureItemAmountsDomain_3599" xlink:to="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3600" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3575" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3576" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3601" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_3601" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3602" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_3604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_3603" xlink:to="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_3604" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3577" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3578" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3579" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3580" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_3582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_3581" xlink:to="Locator_us-gaap_MajorPropertyClassAxis_3582" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_3605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_3606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorPropertyClassAxis_3605" xlink:to="Locator_us-gaap_MajorPropertyClassDomain_3606" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_3607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsHeldForSaleMember" xlink:label="Locator_us-gaap_AssetsHeldForSaleMember_3608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorPropertyClassDomain_3607" xlink:to="Locator_us-gaap_AssetsHeldForSaleMember_3608" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3825" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3826" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3829" xlink:to="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3830" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3827" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3828" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_3787" xlink:to="Locator_invest_InvestmentDomain_3788" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3793" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3793" xlink:to="Locator_mbi_CorporateObligationMember_3794" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_3806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3805" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_3806" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_3808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3807" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_3808" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3809" xlink:to="Locator_us-gaap_MediumTermNotesMember_3810" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3811" xlink:to="Locator_mbi_CreditDerivativesMember_3812" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_3814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3813" xlink:to="Locator_mbi_InterestRateDerivativesMember_3814" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3815" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_3816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3815" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_3816" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3817" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3818" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3819" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_3820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3819" xlink:to="Locator_mbi_CurrencyDerivativesMember_3820" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_3822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3821" xlink:to="Locator_us-gaap_EquitySecuritiesMember_3822" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3789" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3790" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_3792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3791" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_3792" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_3796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3795" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_3796" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3797" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3797" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3798" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3799" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3800" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_3802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3801" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_3802" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_3804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3803" xlink:to="Locator_mbi_OtherAssetBackedMember_3804" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3823" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3824" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3779" xlink:to="Locator_invest_InvestmentAxis_3780" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3783" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3784" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3785" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3786" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3831" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3832" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3833" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3834" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3777" xlink:to="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3778" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_3612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3611" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_3612" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3613" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3614" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3615" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3616" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3617" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3617" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3618" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3619" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3620" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3621" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3622" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3623" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3624" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3625" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3626" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3627" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3628" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3629" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3630" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3609" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3610" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3631" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3632" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3633" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3634" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3637" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3638" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3639" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3640" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3641" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3642" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3643" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3643" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3644" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3645" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3646" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3647" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3648" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3649" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3650" order="21.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3651" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3652" order="22.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3653" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3654" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3655" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3656" order="24.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3635" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3636" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3657" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3658" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3659" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3660" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3781" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3782" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3835" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3836" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3837" xlink:to="Locator_us-gaap_LoansReceivableMember_3838" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3839" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3840" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3663" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3664" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3901" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3902" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3903" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3904" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3905" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3906" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3907" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3908" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_3899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_3899" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3900" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3909" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3910" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_3842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3841" xlink:to="Locator_us-gaap_NetInvestmentIncome_3842" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3843" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3844" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3845" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3845" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3846" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3847" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3847" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3848" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3850" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3849" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3850" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3851" xlink:to="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3852" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3911" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3912" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3913" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3914" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3915" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3915" xlink:to="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3916" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3917" xlink:to="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3918" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3919" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3919" xlink:to="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3920" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3921" xlink:to="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3922" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_3995" xlink:to="Locator_dei_EntityDomain_3996" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3997" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3998" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3999" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4000" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3977" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3978" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3979" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="Locator_mbi_InvestmentsCarriedAtFairValueMember_3980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3979" xlink:to="Locator_mbi_InvestmentsCarriedAtFairValueMember_3980" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3981" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3981" xlink:to="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3982" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3987" xlink:to="Locator_us-gaap_OtherAssetsMember_3988" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3989" xlink:to="Locator_us-gaap_MediumTermNotesMember_3990" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3991" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3991" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3992" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="Locator_us-gaap_LongTermDebtMember_3994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3993" xlink:to="Locator_us-gaap_LongTermDebtMember_3994" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3983" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_3984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3983" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_3984" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3985" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_3986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_3985" xlink:to="Locator_mbi_OtherLoansMember_3986" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_3927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_3927" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3928" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3969" xlink:to="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3970" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3923" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3923" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3924" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3971" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_3972" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3973" xlink:to="Locator_dei_LegalEntityAxis_3974" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3975" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3976" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_4001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_4002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_4001" xlink:to="Locator_us-gaap_ReceivableTypeDomain_4002" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_4003" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_4004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_4003" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_4004" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4080" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_4079" xlink:to="Locator_dei_EntityDomain_4080" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4082" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4081" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4082" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4084" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4083" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4084" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4074" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4073" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4074" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4075" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_4076" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4075" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_4076" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4077" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_4078" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_4077" xlink:to="Locator_mbi_OtherLoansMember_4078" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_4071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4072" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_4071" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4072" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4086" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4085" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4086" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4005" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_4006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4005" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_4006" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_4008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4007" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_4008" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4009" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_4010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4009" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_4010" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4011" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_4012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4011" xlink:to="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_4012" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4013" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_4014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4013" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_4014" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_4016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4015" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_4016" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_4018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4017" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_4018" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4019" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_4020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4019" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_4020" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_4022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4021" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_4022" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_4024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4023" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_4024" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_4026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4025" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_4026" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4027" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_4028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_4027" xlink:to="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_4028" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4088" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4087" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_4088" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_4089" xlink:to="Locator_dei_LegalEntityAxis_4090" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_4199" xlink:to="Locator_dei_EntityDomain_4200" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_4202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4201" xlink:to="Locator_mbi_MbiaCorpMember_4202" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4183" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4184" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4185" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_4186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4185" xlink:to="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_4186" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4191" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_4192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4191" xlink:to="Locator_mbi_CorporateObligationMember_4192" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4193" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4193" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4194" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_4188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4187" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_4188" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_4190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4189" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_4190" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_4195" xlink:to="Locator_invest_InvestmentDomain_4196" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4197" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_4198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4197" xlink:to="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_4198" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_4092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4091" xlink:to="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_4092" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_4094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4093" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_4094" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4095" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_4096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4095" xlink:to="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_4096" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4097" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_4098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4097" xlink:to="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_4098" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4099" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_4100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4099" xlink:to="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_4100" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_4102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4101" xlink:to="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_4102" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4207" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_4210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_4209" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_4210" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4175" xlink:to="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4176" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_4204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_4203" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_4204" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_4205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="Locator_mbi_AssetLiabilityProductsBusinessMember_4206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentOperatingActivitiesDomain_4205" xlink:to="Locator_mbi_AssetLiabilityProductsBusinessMember_4206" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4177" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_4178" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4181" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_4182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4181" xlink:to="Locator_mbi_TypeOfGuaranteeAxis_4182" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_4211" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_4212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_TypeOfGuaranteeAxis_4211" xlink:to="Locator_mbi_TypeOfGuaranteeDomain_4212" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_4213" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="Locator_mbi_ThirdPartyGuarantorsMember_4214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_TypeOfGuaranteeDomain_4213" xlink:to="Locator_mbi_ThirdPartyGuarantorsMember_4214" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4173" xlink:to="Locator_invest_InvestmentAxis_4174" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4169" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4170" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4171" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4172" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4179" xlink:to="Locator_dei_LegalEntityAxis_4180" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="Locator_mbi_DisclosureInvestmentsNarrativeAbstract_4105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsNarrativeAbstract_4105" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4106" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4285" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4286" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4287" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_4288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4287" xlink:to="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_4288" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4289" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_4290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4289" xlink:to="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_4290" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_4292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4291" xlink:to="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_4292" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4293" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanFiftyPercentMember_4294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4293" xlink:to="Locator_mbi_GreaterThanFiftyPercentMember_4294" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4295" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4295" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_4296" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_4216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4215" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_4216" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4217" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4218" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_4220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4219" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_4220" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_4222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4221" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_4222" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4223" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_4224" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4225" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4226" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_4297" xlink:to="Locator_invest_InvestmentDomain_4298" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_4300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4299" xlink:to="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_4300" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4227" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4228" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4229" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4230" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_4232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4231" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_4232" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_4234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4233" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_4234" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="Locator_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_4237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_4237" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4238" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4283" xlink:to="Locator_invest_InvestmentAxis_4284" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4279" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4280" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4281" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4282" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_4355" xlink:to="Locator_dei_EntityDomain_4356" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="Locator_mbi_MbiaCorpAndNationalMember_4358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4357" xlink:to="Locator_mbi_MbiaCorpAndNationalMember_4358" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherInsurersMember" xlink:label="Locator_mbi_OtherInsurersMember_4360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4359" xlink:to="Locator_mbi_OtherInsurersMember_4360" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4345" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4346" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="Locator_mbi_AllOtherSecuritiesMember_4348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4347" xlink:to="Locator_mbi_AllOtherSecuritiesMember_4348" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_4350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4349" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_4350" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_4352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4351" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_4352" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_4354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_4353" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_4354" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_4302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4301" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_4302" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/positiveLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4303" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_4304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4303" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_4304" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4305" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_4306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4305" xlink:to="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_4306" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4361" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_4362" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4363" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_4364" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_4366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4365" xlink:to="Locator_us-gaap_FinancialInstrumentAxis_4366" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_4367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FinancialInstrumentAxis_4367" xlink:to="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4368" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4369" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WrappedSecuritiesMember" xlink:label="Locator_mbi_WrappedSecuritiesMember_4370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_4369" xlink:to="Locator_mbi_WrappedSecuritiesMember_4370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4371" xlink:to="Locator_dei_LegalEntityAxis_4372" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="Locator_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_4343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_4343" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_4344" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_4373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_4374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_4373" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_4374" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_4375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_4376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_4375" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_4376" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_4377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_4378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_4377" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_4378" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_4379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_4380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_4379" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_4380" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_4382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4381" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_4382" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_4384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4383" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_4384" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" xlink:label="Locator_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_4386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4385" xlink:to="Locator_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_4386" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_4388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4387" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_4388" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_4390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4389" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_4390" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_4392" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4391" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_4392" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_4394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4393" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_4394" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_4396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_4395" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_4396" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsSummaryOfSignificantInputsConsideredInDeterminingTheMeasurementOfCreditLossesOnSecuritiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_4433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_4434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_4433" xlink:to="Locator_mbi_RangeDomain_4434" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_4435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_4436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_4435" xlink:to="Locator_us-gaap_MinimumMember_4436" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_4437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_4438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_4437" xlink:to="Locator_us-gaap_MaximumMember_4438" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract" xlink:label="Locator_mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract_4431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentIncomeAndGainsAndLossesSignificantInputsUsedInScheduleOfMeasurementOfCreditLossComponentRecognizedInEarningsForEachSignificantClassOfAssetBackedSecuritiesAbstract_4431" xlink:to="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4439" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4440" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4397" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange" xlink:label="Locator_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_4398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4397" xlink:to="Locator_mbi_AssumptionForMeasurementOfExpectedSizeOfLossesRange_4398" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses" xlink:label="Locator_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_4400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4399" xlink:to="Locator_mbi_WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses_4400" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4401" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange" xlink:label="Locator_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_4402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4401" xlink:to="Locator_mbi_AssumptionForMeasurementOfCurrentSubordinationLevelsRange_4402" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4403" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels" xlink:label="Locator_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_4404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4403" xlink:to="Locator_mbi_WeightedAverageAssumptionForMeasurementOfCurrentSubordinationLevels_4404" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4405" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssumptionForMeasurementOfPrepaymentSpeedRange" xlink:label="Locator_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_4406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4405" xlink:to="Locator_mbi_AssumptionForMeasurementOfPrepaymentSpeedRange_4406" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4407" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed" xlink:label="Locator_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_4408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsLineItems_4407" xlink:to="Locator_mbi_WeightedAverageAssumptionForMeasurementOfPrepaymentSpeed_4408" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable" xlink:label="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_4442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTable_4441" xlink:to="Locator_us-gaap_RangeAxis_4442" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNetUnrealizedGainsLossesIncludedInAccumulatedOtherComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4443" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_4444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4443" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedGains_4444" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4445" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_4446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4445" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesGrossUnrealizedLosses_4446" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4447" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_4448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4447" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesForeignExchange_4448" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4449" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainsLossBeforeTax_4450" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4451" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_4452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4451" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax_4452" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:label="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_4454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NetUnrealizedGainsAndLossesIncludedInAccumulatedOtherComprehensiveIncomeLossAbstract_4453" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesUnrealizedGainLossNetOfTax_4454" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_4527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_4528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_4527" xlink:to="Locator_us-gaap_SegmentDomain_4528" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_4529" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceOperationsMember" xlink:label="Locator_mbi_InsuranceOperationsMember_4530" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_4529" xlink:to="Locator_mbi_InsuranceOperationsMember_4530" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_4473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_4473" xlink:to="Locator_us-gaap_DerivativeTable_4474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4521" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4522" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4532" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_4531" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4533" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaaMember" xlink:label="Locator_mbi_CreditRatingAaaMember_4534" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4533" xlink:to="Locator_mbi_CreditRatingAaaMember_4534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4535" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingAaMember" xlink:label="Locator_mbi_CreditRatingAaMember_4536" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4535" xlink:to="Locator_mbi_CreditRatingAaMember_4536" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4537" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingaMember" xlink:label="Locator_mbi_CreditRatingaMember_4538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4537" xlink:to="Locator_mbi_CreditRatingaMember_4538" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4539" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBbbMember" xlink:label="Locator_mbi_CreditRatingBbbMember_4540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4539" xlink:to="Locator_mbi_CreditRatingBbbMember_4540" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4541" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="Locator_mbi_CreditRatingBelowInvestmentGradeMember_4542" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_4541" xlink:to="Locator_mbi_CreditRatingBelowInvestmentGradeMember_4542" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_4524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4523" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_4524" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4525" xlink:to="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4526" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4544" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesByContractTypeAxis_4543" xlink:to="Locator_us-gaap_CreditDerivativesContractTypeDomain_4544" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4546" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4545" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4546" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4547" xlink:to="Locator_mbi_InsuredSwapsMember_4548" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4549" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4550" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_4551" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_4551" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4552" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4519" xlink:to="Locator_us-gaap_DerivativeLineItems_4520" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4465" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_4466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4465" xlink:to="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_4466" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_4470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4469" xlink:to="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_4470" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_4468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4467" xlink:to="Locator_invest_DerivativeNotionalAmount_4468" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4639" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4640" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_4644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4643" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_4644" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4649" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_4650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4649" xlink:to="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_4650" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4641" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_4642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4641" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_4642" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_4648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4647" xlink:to="Locator_us-gaap_MediumTermNotesMember_4648" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_4646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4645" xlink:to="Locator_us-gaap_OtherAssetsMember_4646" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4553" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="Locator_mbi_GuaranteeObligationsMaximumNetExposure_4554" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4553" xlink:to="Locator_mbi_GuaranteeObligationsMaximumNetExposure_4554" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4555" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_4556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4555" xlink:to="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_4556" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_4558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4557" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_4558" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_4560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4559" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_4560" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="Locator_mbi_NumberOfCreditSupportAnnexes_4562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4561" xlink:to="Locator_mbi_NumberOfCreditSupportAnnexes_4562" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="Locator_mbi_FairValueOfCreditSupportAnnexes_4564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4563" xlink:to="Locator_mbi_FairValueOfCreditSupportAnnexes_4564" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4565" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_4566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4565" xlink:to="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_4566" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_4568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4567" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_4568" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4569" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_4570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4569" xlink:to="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_4570" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilityCounterpartyNetting" xlink:label="Locator_mbi_DerivativeLiabilityCounterpartyNetting_4572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4571" xlink:to="Locator_mbi_DerivativeLiabilityCounterpartyNetting_4572" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4573" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_4574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4573" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_4574" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4579" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_4580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4579" xlink:to="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_4580" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4575" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4576" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4577" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4578" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4651" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4652" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4653" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EmbeddedMember" xlink:label="Locator_mbi_EmbeddedMember_4654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4653" xlink:to="Locator_mbi_EmbeddedMember_4654" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_4583" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_4583" xlink:to="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4584" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4633" xlink:to="Locator_us-gaap_DerivativeLineItems_4634" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4635" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_4636" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_4637" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4638" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4809" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_4810" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4759" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4760" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4761" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_4762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4761" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_4762" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4763" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="Locator_mbi_DerivativeLiabilitiesVIEMember_4764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4763" xlink:to="Locator_mbi_DerivativeLiabilitiesVIEMember_4764" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_4766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4765" xlink:to="Locator_us-gaap_MediumTermNotesMember_4766" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4767" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4767" xlink:to="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4768" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_4770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4769" xlink:to="Locator_us-gaap_OtherAssetsMember_4770" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4771" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="Locator_mbi_DerivativeAssetsVIEMember_4772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4771" xlink:to="Locator_mbi_DerivativeAssetsVIEMember_4772" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4773" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_4774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4773" xlink:to="Locator_mbi_DerivativeAssetsMember_4774" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4775" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4775" xlink:to="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4776" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4777" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetsVIEMember" xlink:label="Locator_mbi_OtherAssetsVIEMember_4778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4777" xlink:to="Locator_mbi_OtherAssetsVIEMember_4778" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4811" xlink:to="Locator_us-gaap_HedgingDesignationAxis_4812" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingDesignationAxis_4813" xlink:to="Locator_us-gaap_HedgingDesignationDomain_4814" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4815" xlink:to="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4816" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4817" xlink:to="Locator_us-gaap_NondesignatedMember_4818" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4807" xlink:to="Locator_us-gaap_DerivativeLineItems_4808" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_4656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4655" xlink:to="Locator_invest_DerivativeNotionalAmount_4656" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4657" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4657" xlink:to="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4658" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4659" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4659" xlink:to="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4660" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4661" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4662" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4663" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4663" xlink:to="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4664" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4665" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4665" xlink:to="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4666" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4667" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4668" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4819" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4820" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4779" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4780" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4781" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="Locator_mbi_InterestRateSwapsEmbeddedMember_4782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4781" xlink:to="Locator_mbi_InterestRateSwapsEmbeddedMember_4782" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4783" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherMember" xlink:label="Locator_mbi_AllOtherMember_4784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4783" xlink:to="Locator_mbi_AllOtherMember_4784" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4785" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="Locator_mbi_AllOtherEmbeddedMember_4786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4785" xlink:to="Locator_mbi_AllOtherEmbeddedMember_4786" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4787" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4788" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4789" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4790" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4791" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4791" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4792" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4793" xlink:to="Locator_us-gaap_InterestRateSwapMember_4794" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4795" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4796" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4797" xlink:to="Locator_us-gaap_CurrencySwapMember_4798" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4799" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4799" xlink:to="Locator_mbi_CurrencySwapsVieMember_4800" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4801" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4802" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4803" xlink:to="Locator_mbi_AllOtherVIEMember_4804" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4805" xlink:to="Locator_mbi_InsuredSwapsMember_4806" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_4757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_4757" xlink:to="Locator_us-gaap_DerivativeTable_4758" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4927" xlink:to="Locator_us-gaap_DerivativeLineItems_4928" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4821" xlink:to="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4822" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4823" xlink:to="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4824" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4825" xlink:to="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4826" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4929" xlink:to="Locator_us-gaap_IncomeStatementLocationAxis_4930" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationAxis_4891" xlink:to="Locator_us-gaap_IncomeStatementLocationDomain_4892" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4893" xlink:to="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4894" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4895" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4895" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4896" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4897" xlink:to="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4898" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4899" xlink:to="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4900" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="Locator_mbi_InterestIncomeExpenseMember_4902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4901" xlink:to="Locator_mbi_InterestIncomeExpenseMember_4902" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4931" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4932" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4903" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4904" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4905" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4906" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4907" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4907" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4908" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4909" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4909" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4910" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4911" xlink:to="Locator_us-gaap_InterestRateSwapMember_4912" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4913" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4913" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4914" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4915" xlink:to="Locator_us-gaap_CurrencySwapMember_4916" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4917" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4917" xlink:to="Locator_mbi_CurrencySwapsVieMember_4918" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4919" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4920" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4921" xlink:to="Locator_mbi_AllOtherVIEMember_4922" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4923" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4923" xlink:to="Locator_mbi_InsuredSwapsMember_4924" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommodityIndexLinkedNotesMember" xlink:label="Locator_us-gaap_CommodityIndexLinkedNotesMember_4926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4925" xlink:to="Locator_us-gaap_CommodityIndexLinkedNotesMember_4926" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4933" xlink:to="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4934" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4935" xlink:to="Locator_us-gaap_HedgingRelationshipDomain_4936" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4937" xlink:to="Locator_us-gaap_NondesignatedMember_4938" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="Locator_us-gaap_FairValueHedgingMember_4940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4939" xlink:to="Locator_us-gaap_FairValueHedgingMember_4940" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_4889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_4889" xlink:to="Locator_us-gaap_DerivativeTable_4890" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4941" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4942" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4943" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_4944" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_4946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4945" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_4946" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5049" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5050" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5051" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="Locator_mbi_NonVariableInterestEntitiesMember_5052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5051" xlink:to="Locator_mbi_NonVariableInterestEntitiesMember_5052" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesNarrativeAbstract_4993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesNarrativeAbstract_4993" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4994" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_5045" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_5046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_5045" xlink:to="Locator_mbi_NonVariableInterestEntitiesLineItems_5046" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4947" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4948" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_4950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4949" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_4950" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4951" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4952" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="Locator_us-gaap_DeferredTaxLiabilities_4954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4953" xlink:to="Locator_us-gaap_DeferredTaxLiabilities_4954" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_4956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4955" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_4956" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4957" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4958" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4959" xlink:to="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4960" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_4962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4961" xlink:to="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_4962" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="Locator_mbi_TaxableIncomeProjectionYears_4964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4963" xlink:to="Locator_mbi_TaxableIncomeProjectionYears_4964" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4965" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="Locator_mbi_MaximumTaxableIncomeProjectionYears_4966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4965" xlink:to="Locator_mbi_MaximumTaxableIncomeProjectionYears_4966" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4967" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_4968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4967" xlink:to="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_4968" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4969" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="Locator_mbi_UnrealizableDeferredTaxAssets_4970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4969" xlink:to="Locator_mbi_UnrealizableDeferredTaxAssets_4970" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_4972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4971" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_4972" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4973" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_4974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4973" xlink:to="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_4974" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_4976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4975" xlink:to="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_4976" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4977" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_4978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4977" xlink:to="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_4978" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_4980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4979" xlink:to="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_4980" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4981" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_4982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4981" xlink:to="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_4982" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_4984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4983" xlink:to="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_4984" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="Locator_us-gaap_OperatingLossCarryforwards_4986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4985" xlink:to="Locator_us-gaap_OperatingLossCarryforwards_4986" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_4988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4987" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_4988" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_4990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4989" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_4990" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_5047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_5047" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5048" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/IncomeTaxesChangeInUnrecognizedTaxBenefitsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_5056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5055" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_5056" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_5058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5057" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions_5058" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_5060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5059" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_5060" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions_5062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5061" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions_5062" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_5064" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5063" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_5064" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_5066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5065" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_5066" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefits_5054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5053" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefits_5054" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefits_5068" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_5067" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefits_5068" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_5101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementGeographicalAxis_5101" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_5102" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_GB" xlink:label="Locator_country_GB_5104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5103" xlink:to="Locator_country_GB_5104" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="Locator_mbi_EuropeExcludingUnitedKingdomMember_5106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5105" xlink:to="Locator_mbi_EuropeExcludingUnitedKingdomMember_5106" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5107" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CentralAndSouthAmericaMember" xlink:label="Locator_mbi_CentralAndSouthAmericaMember_5108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5107" xlink:to="Locator_mbi_CentralAndSouthAmericaMember_5108" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AsiaMember" xlink:label="Locator_us-gaap_AsiaMember_5110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5109" xlink:to="Locator_us-gaap_AsiaMember_5110" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5111" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherLocationsMember" xlink:label="Locator_mbi_OtherLocationsMember_5112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5111" xlink:to="Locator_mbi_OtherLocationsMember_5112" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5113" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_5114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5113" xlink:to="Locator_mbi_InternationallyDiversifiedMember_5114" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_5115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="Locator_country_US_5116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_5115" xlink:to="Locator_country_US_5116" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_5100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5099" xlink:to="Locator_us-gaap_StatementGeographicalAxis_5100" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_5098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5097" xlink:to="Locator_us-gaap_SegmentReportingInformationLineItems_5098" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_5069" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_5070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_5069" xlink:to="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_5070" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="Locator_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_5095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_5095" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5096" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_5117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_5118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_5117" xlink:to="Locator_us-gaap_EarningsPerShareBasicAbstract_5118" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_5123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_5124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_5123" xlink:to="Locator_us-gaap_NetIncomeLoss_5124" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_5125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" xlink:label="Locator_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_5126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_5125" xlink:to="Locator_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities_5126" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_5127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_5128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_5127" xlink:to="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_5128" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_5129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_5130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_5129" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_5130" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_5131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="Locator_us-gaap_EarningsPerShareBasic_5132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_5131" xlink:to="Locator_us-gaap_EarningsPerShareBasic_5132" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_5119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_5119" xlink:to="Locator_us-gaap_EarningsPerShareDilutedAbstract_5120" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_5134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5133" xlink:to="Locator_us-gaap_NetIncomeLoss_5134" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5135" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" xlink:label="Locator_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_5136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5135" xlink:to="Locator_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted_5136" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="Locator_us-gaap_FairValueAdjustmentOfWarrants_5138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5137" xlink:to="Locator_us-gaap_FairValueAdjustmentOfWarrants_5138" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5139" xlink:to="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_5140" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_5142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5141" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_5142" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="Locator_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_5144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5143" xlink:to="Locator_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_5144" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" xlink:label="Locator_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_5146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5145" xlink:to="Locator_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_5146" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_5148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5147" xlink:to="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_5148" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_5149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="Locator_us-gaap_EarningsPerShareDiluted_5150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_5149" xlink:to="Locator_us-gaap_EarningsPerShareDiluted_5150" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_5121" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="Locator_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_5122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_5121" xlink:to="Locator_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_5122" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_5203" xlink:to="Locator_dei_EntityDomain_5204" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_5206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5205" xlink:to="Locator_mbi_NationalMember_5206" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5161" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="Locator_mbi_NumberOfOtherLawsuits_5162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5161" xlink:to="Locator_mbi_NumberOfOtherLawsuits_5162" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5163" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="Locator_mbi_NumberOfOperatingLeaseTermExtensions_5164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5163" xlink:to="Locator_mbi_NumberOfOperatingLeaseTermExtensions_5164" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm" xlink:label="Locator_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm_5166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5165" xlink:to="Locator_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm_5166" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="Locator_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_5168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5167" xlink:to="Locator_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_5168" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5169" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LeaseIncentives" xlink:label="Locator_mbi_LeaseIncentives_5170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5169" xlink:to="Locator_mbi_LeaseIncentives_5170" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_5171" xlink:to="Locator_us-gaap_LossContingenciesTable_5172" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_5194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesTable_5193" xlink:to="Locator_us-gaap_LossContingenciesLineItems_5194" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_5173" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="Locator_mbi_CityOfDetroitUtgoBonds_5174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesLineItems_5173" xlink:to="Locator_mbi_CityOfDetroitUtgoBonds_5174" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesTable_5195" xlink:to="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5196" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_5200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_5199" xlink:to="Locator_us-gaap_LossContingencyNatureDomain_5200" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_5201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinstatedMember" xlink:label="Locator_mbi_ReinstatedMember_5202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingencyNatureDomain_5201" xlink:to="Locator_mbi_ReinstatedMember_5202" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_5197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesTable_5197" xlink:to="Locator_dei_LegalEntityAxis_5198" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_5207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_5207" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5211" xlink:to="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5212" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_5218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5217" xlink:to="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_5218" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_5220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5219" xlink:to="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_5220" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_5222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_5221" xlink:to="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_5222" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5213" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5214" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_5224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5223" xlink:to="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_5224" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_5226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5225" xlink:to="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_5226" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_5228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_5227" xlink:to="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_5228" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_5215" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_5216" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_5209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_5209" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5210" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_5230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5229" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_5230" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5231" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_5232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5231" xlink:to="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_5232" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_5234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5233" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_5234" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_5236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5235" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_5236" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_5238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5237" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_5238" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_5240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5239" xlink:to="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_5240" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5241" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_5242" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_5244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_5243" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_5244" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_5273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_5273" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5274" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5275" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_5276" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5277" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5277" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5278" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_5280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5279" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_5280" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5281" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_5282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5281" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_5282" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_5284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5283" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_5284" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5285" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_5286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5285" xlink:to="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_5286" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_5288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5287" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_5288" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_5290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5289" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_5290" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5291" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_5292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5291" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_5292" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_5294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5293" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_5294" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_5296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5295" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_5296" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_5298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_5297" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_5298" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_5299" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_5300" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_5323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_5323" xlink:to="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5324" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5325" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5326" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_5334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5333" xlink:to="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_5334" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5335" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="Locator_mbi_DeferredTaxLiabilitiesLossReserves_5336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5335" xlink:to="Locator_mbi_DeferredTaxLiabilitiesLossReserves_5336" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5337" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_5338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5337" xlink:to="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_5338" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_5340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5339" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_5340" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_5342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5341" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_5342" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_5344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5343" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_5344" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_5346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5345" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_5346" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOther_5348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5347" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOther_5348" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_5350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_5349" xlink:to="Locator_us-gaap_DeferredIncomeTaxLiabilities_5350" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5327" xlink:to="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5328" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_5352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5351" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_5352" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_5354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5353" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_5354" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5355" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_5356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5355" xlink:to="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_5356" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_5358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5357" xlink:to="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_5358" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_5360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5359" xlink:to="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_5360" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_5362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5361" xlink:to="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_5362" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_5364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5363" xlink:to="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_5364" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_5366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5365" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_5366" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5367" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_5368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5367" xlink:to="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_5368" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsOther_5370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5369" xlink:to="Locator_us-gaap_DeferredTaxAssetsOther_5370" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_5372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_5371" xlink:to="Locator_us-gaap_DeferredTaxAssetsGross_5372" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_5330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5329" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_5330" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_5331" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_5332" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5415" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5416" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5433" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DomesticMember" xlink:label="Locator_mbi_DomesticMember_5434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5433" xlink:to="Locator_mbi_DomesticMember_5434" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5435" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ForeignMember" xlink:label="Locator_mbi_ForeignMember_5436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5435" xlink:to="Locator_mbi_ForeignMember_5436" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_5431" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_5432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_5431" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesTable_5432" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_5437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesTable_5437" xlink:to="Locator_us-gaap_StatementLineItems_5438" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_5439" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesTable_5439" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5440" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesAxis_5441" xlink:to="Locator_dei_EntityDomain_5442" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AntidilutiveSharesAbstract" xlink:label="Locator_mbi_AntidilutiveSharesAbstract_5443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="Locator_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_5444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AntidilutiveSharesAbstract_5443" xlink:to="Locator_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_5444" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5573" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5575" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5576" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_5445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_5445" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5446" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5547" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5547" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5548" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5581" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5582" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5447" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5448" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_5450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5449" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments_5450" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5451" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5451" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5452" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5453" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_5454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5453" xlink:to="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_5454" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_5456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5455" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_5456" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_5458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5457" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_5458" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5460" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5459" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5460" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5461" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_5462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5461" xlink:to="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_5462" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_5464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5463" xlink:to="Locator_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_5464" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5465" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_5466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5465" xlink:to="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_5466" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5467" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5468" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5469" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5470" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5583" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5577" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5578" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5579" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5580" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5585" xlink:to="Locator_invest_InvestmentAxis_5586" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_5549" xlink:to="Locator_invest_InvestmentDomain_5550" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_5552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5551" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_5552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5554" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5553" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5554" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_5556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5555" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_5556" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5557" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5558" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5559" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_5560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5559" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_5560" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5561" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5562" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5563" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5564" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_5566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5565" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_5566" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5567" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_5568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5567" xlink:to="Locator_mbi_OtherAssetBackedMember_5568" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5569" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_5570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5569" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_5570" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5571" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5572" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5587" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5588" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5757" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5758" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5759" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5760" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_5589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_5589" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5590" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5645" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5645" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5646" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5751" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5751" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5752" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5591" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5592" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5597" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5598" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5599" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5600" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5601" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5602" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5603" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5604" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5605" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5606" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5607" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost_5608" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5609" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5610" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5611" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5612" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5613" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5614" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5615" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5616" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5617" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5618" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5619" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5620" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5593" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5594" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5621" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5622" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5623" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5624" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5625" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5626" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5627" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5628" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5629" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5630" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5631" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5632" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5633" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5634" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5635" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5636" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5637" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5638" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5639" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5640" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5641" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5642" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5643" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5644" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5753" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5754" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5761" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5762" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5763" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5764" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5755" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5756" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5905" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5906" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5907" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5908" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_5765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_5765" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5766" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5879" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5879" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5880" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5913" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5913" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5914" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5767" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5768" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5769" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5770" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5771" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_5772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5771" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments_5772" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5773" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5774" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5775" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_5776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5775" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments_5776" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5777" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5778" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5779" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5779" xlink:to="Locator_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments_5780" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5781" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5782" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5783" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5784" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5785" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5785" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5786" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5787" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5788" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5789" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5790" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5791" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5792" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5793" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5793" xlink:to="Locator_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5794" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5915" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5916" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_5909" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5910" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_5911" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5912" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5917" xlink:to="Locator_invest_InvestmentAxis_5918" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_5881" xlink:to="Locator_invest_InvestmentDomain_5882" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_5884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5883" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_5884" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5885" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5886" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_5888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5887" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_5888" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5889" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5890" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5891" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_5892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5891" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_5892" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5893" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5893" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5894" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5895" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5896" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_5898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5897" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_5898" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5899" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_5900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5899" xlink:to="Locator_mbi_OtherAssetBackedMember_5900" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5901" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_5902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5901" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_5902" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5903" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5903" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5904" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5919" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5920" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_5981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditRatingMoodysAxis_5981" xlink:to="Locator_us-gaap_ExternalCreditRatingMoodysMember_5982" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa1RatingMember" xlink:label="Locator_us-gaap_MoodysAa1RatingMember_5986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5985" xlink:to="Locator_us-gaap_MoodysAa1RatingMember_5986" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5991" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BelowInvestmentGradeMember" xlink:label="Locator_mbi_BelowInvestmentGradeMember_5992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5991" xlink:to="Locator_mbi_BelowInvestmentGradeMember_5992" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5993" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotRatedMember" xlink:label="Locator_mbi_NotRatedMember_5994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5993" xlink:to="Locator_mbi_NotRatedMember_5994" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAaaRatingMember" xlink:label="Locator_us-gaap_MoodysAaaRatingMember_5984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5983" xlink:to="Locator_us-gaap_MoodysAaaRatingMember_5984" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA1RatingMember" xlink:label="Locator_us-gaap_MoodysA1RatingMember_5988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5987" xlink:to="Locator_us-gaap_MoodysA1RatingMember_5988" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_5989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysBaa1RatingMember" xlink:label="Locator_us-gaap_MoodysBaa1RatingMember_5990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_5989" xlink:to="Locator_us-gaap_MoodysBaa1RatingMember_5990" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5971" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5972" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5979" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AbsMbsCorporateObligationsMember" xlink:label="Locator_mbi_AbsMbsCorporateObligationsMember_5980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5979" xlink:to="Locator_mbi_AbsMbsCorporateObligationsMember_5980" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_5974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5973" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_5974" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_5976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5975" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_5976" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_5977" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5978" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_5921" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" xlink:label="Locator_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_5922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_5921" xlink:to="Locator_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_5922" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract" xlink:label="Locator_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_5929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryOfAssetBackedSecuritiesAbstract_5929" xlink:to="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5930" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5965" xlink:to="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5966" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5923" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5924" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5925" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_5925" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_5926" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_5968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5967" xlink:to="Locator_us-gaap_CreditRatingMoodysAxis_5968" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesTable" xlink:label="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAvailableForSaleSecuritiesTable_5969" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_5970" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6023" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6024" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_6026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6025" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_6026" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_6028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6027" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_6028" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_6030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_6029" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_6030" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_5995" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract" xlink:label="Locator_mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract_5996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_5995" xlink:to="Locator_mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract_5996" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract" xlink:label="Locator_mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract_6003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsTable_6004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureSecuritiesRatedBelowInvestmentGradeWithoutEffectOfFinancialGuaranteeAbstract_6003" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsTable_6004" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsTable_6019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsTable_6019" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_6020" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_5997" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="Locator_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_5998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_5997" xlink:to="Locator_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_5998" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_5999" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors" xlink:label="Locator_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_6000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_5999" xlink:to="Locator_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors_6000" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsTable_6021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsTable_6021" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_6022" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTextBlock_6032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6031" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTextBlock_6032" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6071" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6072" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_6071" xlink:to="Locator_mbi_RangeDomain_6072" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_6078" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6077" xlink:to="Locator_us-gaap_WeightedAverageMember_6078" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6074" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6073" xlink:to="Locator_us-gaap_MinimumMember_6074" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6076" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6075" xlink:to="Locator_us-gaap_MaximumMember_6076" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentAbstract_6037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentAbstract_6037" xlink:to="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6038" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6065" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6066" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_6034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_6033" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_6034" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6068" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6067" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6068" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6080" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6079" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6080" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="Locator_us-gaap_BuildingAndBuildingImprovementsMember_6082" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6081" xlink:to="Locator_us-gaap_BuildingAndBuildingImprovementsMember_6082" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="Locator_us-gaap_LeaseholdImprovementsMember_6084" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6083" xlink:to="Locator_us-gaap_LeaseholdImprovementsMember_6084" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="Locator_us-gaap_FurnitureAndFixturesMember_6086" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6085" xlink:to="Locator_us-gaap_FurnitureAndFixturesMember_6086" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="Locator_us-gaap_ComputerEquipmentMember_6088" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_6087" xlink:to="Locator_us-gaap_ComputerEquipmentMember_6088" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_6069" xlink:to="Locator_us-gaap_RangeAxis_6070" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="Locator_us-gaap_AccountingPoliciesAbstract_6097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountingPoliciesAbstract_6097" xlink:to="Locator_us-gaap_StatementTable_6098" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6127" xlink:to="Locator_mbi_AccountingPolicyLineItems_6128" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_6090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_6089" xlink:to="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_6090" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement" xlink:label="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_6092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_6091" xlink:to="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_6092" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_6093" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_6094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_6093" xlink:to="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_6094" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6129" xlink:to="Locator_us-gaap_RangeAxis_6130" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6141" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_6141" xlink:to="Locator_mbi_RangeDomain_6142" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6143" xlink:to="Locator_us-gaap_MinimumMember_6144" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6145" xlink:to="Locator_us-gaap_MaximumMember_6146" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6131" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6132" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_6135" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6136" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6137" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonVariableInterestEntitiesMember" xlink:label="Locator_mbi_NonVariableInterestEntitiesMember_6138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6137" xlink:to="Locator_mbi_NonVariableInterestEntitiesMember_6138" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_6139" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6140" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6133" xlink:to="Locator_us-gaap_StatementScenarioAxis_6134" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_6147" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_6148" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="Locator_us-gaap_ScenarioPreviouslyReportedMember_6150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6149" xlink:to="Locator_us-gaap_ScenarioPreviouslyReportedMember_6150" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="Locator_us-gaap_ComprehensiveIncomeNoteTextBlock_6152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6151" xlink:to="Locator_us-gaap_ComprehensiveIncomeNoteTextBlock_6152" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_6154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6153" xlink:to="Locator_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_6154" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_6156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6155" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_6156" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6193" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_6194" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_6195" xlink:to="Locator_us-gaap_EquityComponentDomain_6196" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_6197" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6198" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_6199" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6200" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6191" xlink:to="Locator_us-gaap_StatementLineItems_6192" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_6158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6157" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_6158" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_6160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6159" xlink:to="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_6160" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6161" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_6162" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6163" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6164" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6165" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_6166" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_6189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_6189" xlink:to="Locator_us-gaap_StatementTable_6190" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6253" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_6254" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_6257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_6257" xlink:to="Locator_us-gaap_EquityComponentDomain_6258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_6259" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_6260" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_6261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_6261" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_6262" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6255" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6256" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_6263" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6264" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_6266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_6265" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_6266" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6251" xlink:to="Locator_us-gaap_StatementLineItems_6252" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6201" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6201" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6202" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_6204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6203" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_6204" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_6206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6205" xlink:to="Locator_us-gaap_NetInvestmentIncome_6206" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6207" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6208" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_6210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6209" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_6210" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_6212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6211" xlink:to="Locator_us-gaap_NetIncomeLoss_6212" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_6215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_6215" xlink:to="Locator_us-gaap_StatementTable_6216" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="Locator_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_6267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="Locator_us-gaap_NumberOfOperatingSegments_6268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_6267" xlink:to="Locator_us-gaap_NumberOfOperatingSegments_6268" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="Locator_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_6269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfExtinguishmentOfDebtTable" xlink:label="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_6269" xlink:to="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6270" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfExtinguishmentOfDebtTable" xlink:label="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6289" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6290" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAmount" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAmount_6272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6271" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtAmount_6272" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtLineItems" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtLineItems_6273" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6274" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfExtinguishmentOfDebtTable" xlink:label="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAxis_6292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfExtinguishmentOfDebtTable_6291" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtAxis_6292" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtAxis" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtAxis_6293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtAxis_6293" xlink:to="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6294" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExtinguishmentOfDebtTypeDomain" xlink:label="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_6296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExtinguishmentOfDebtTypeDomain_6295" xlink:to="Locator_us-gaap_MediumTermNotesMember_6296" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebt">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="Locator_us-gaap_DebtDisclosureTextBlock_6298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6297" xlink:to="Locator_us-gaap_DebtDisclosureTextBlock_6298" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_6587" xlink:to="Locator_mbi_RangeDomain_6588" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_6594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6593" xlink:to="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_6594" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6595" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetMinimumMember" xlink:label="Locator_mbi_DisposalOfAssetMinimumMember_6596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6595" xlink:to="Locator_mbi_DisposalOfAssetMinimumMember_6596" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6597" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingMaximumPeriodMember" xlink:label="Locator_mbi_LiquidityBorrowingMaximumPeriodMember_6598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6597" xlink:to="Locator_mbi_LiquidityBorrowingMaximumPeriodMember_6598" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6591" xlink:to="Locator_us-gaap_MinimumMember_6592" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6589" xlink:to="Locator_us-gaap_MaximumMember_6590" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_6623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductOrServiceAxis_6623" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_6624" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6625" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="Locator_mbi_ConduitsMember_6626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_6625" xlink:to="Locator_mbi_ConduitsMember_6626" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6627" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="Locator_mbi_AssetLiabilityProductsMember_6628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_6627" xlink:to="Locator_mbi_AssetLiabilityProductsMember_6628" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_6629" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="Locator_mbi_GlobalFundingLimitedMember_6630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_6629" xlink:to="Locator_mbi_GlobalFundingLimitedMember_6630" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_6573" xlink:to="Locator_dei_EntityDomain_6574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BankOfAmericaMember" xlink:label="Locator_mbi_BankOfAmericaMember_6576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6575" xlink:to="Locator_mbi_BankOfAmericaMember_6576" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6583" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CutwaterIscMember" xlink:label="Locator_mbi_CutwaterIscMember_6584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6583" xlink:to="Locator_mbi_CutwaterIscMember_6584" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6585" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6586" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6577" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_6578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6577" xlink:to="Locator_mbi_MbiaIncMember_6578" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6579" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_6580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6579" xlink:to="Locator_mbi_MbiaCorpMember_6580" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6581" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_6582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6581" xlink:to="Locator_mbi_BlueRidgeMember_6582" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6393" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6394" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6561" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_6562" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6299" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_6300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6299" xlink:to="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_6300" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_6308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6307" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_6308" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_6310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6309" xlink:to="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_6310" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_6312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6311" xlink:to="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_6312" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6313" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesAtParValueOwnedByCorporateSegment" xlink:label="Locator_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_6314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6313" xlink:to="Locator_mbi_SurplusNotesAtParValueOwnedByCorporateSegment_6314" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6315" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeniorNotesAtParValueOwnedByNational" xlink:label="Locator_mbi_SeniorNotesAtParValueOwnedByNational_6316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6315" xlink:to="Locator_mbi_SeniorNotesAtParValueOwnedByNational_6316" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesRepurchasedAtOutstandingParValue" xlink:label="Locator_mbi_SurplusNotesRepurchasedAtOutstandingParValue_6318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6317" xlink:to="Locator_mbi_SurplusNotesRepurchasedAtOutstandingParValue_6318" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6319" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_6320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6319" xlink:to="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_6320" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchaseAmount_6322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6321" xlink:to="Locator_us-gaap_DebtInstrumentRepurchaseAmount_6322" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="Locator_mbi_WeightedAveragePriceOfSeniorNotes_6326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6325" xlink:to="Locator_mbi_WeightedAveragePriceOfSeniorNotes_6326" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_6328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6327" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum_6328" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_6330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6329" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum_6330" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="Locator_us-gaap_DebtWeightedAverageInterestRate_6332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6331" xlink:to="Locator_us-gaap_DebtWeightedAverageInterestRate_6332" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_6338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6337" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_6338" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_6340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6339" xlink:to="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_6340" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_6342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6341" xlink:to="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_6342" order="22.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_6344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6343" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_6344" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_6346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6345" xlink:to="Locator_us-gaap_LineOfCreditFacilityAmountOutstanding_6346" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_6348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6347" xlink:to="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_6348" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6349" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="Locator_mbi_GeneralCorporatePurposesProceedsLimit_6350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6349" xlink:to="Locator_mbi_GeneralCorporatePurposesProceedsLimit_6350" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6351" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="Locator_mbi_LiquidityRequirementsPeriod_6352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6351" xlink:to="Locator_mbi_LiquidityRequirementsPeriod_6352" order="27.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6353" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="Locator_mbi_SubsidiaryCollateralPercentage_6354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6353" xlink:to="Locator_mbi_SubsidiaryCollateralPercentage_6354" order="28.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6355" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="Locator_mbi_SecuredLineOfCreditCollateral_6356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6355" xlink:to="Locator_mbi_SecuredLineOfCreditCollateral_6356" order="29.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_6358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6357" xlink:to="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_6358" order="30.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_6360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6359" xlink:to="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_6360" order="31.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_6362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6361" xlink:to="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_6362" order="32.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations" xlink:label="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_6364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6363" xlink:to="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_6364" order="33.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6365" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_6366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6365" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_6366" order="34.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6367" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="Locator_mbi_PutbackRecoveriesCollateralPercentage_6368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6367" xlink:to="Locator_mbi_PutbackRecoveriesCollateralPercentage_6368" order="35.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6369" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_6370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6369" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_6370" order="36.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6371" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_6372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6371" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_6372" order="37.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6373" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="Locator_mbi_DisposalOfAssetsCollateralPercentage_6374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6373" xlink:to="Locator_mbi_DisposalOfAssetsCollateralPercentage_6374" order="38.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6375" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="Locator_mbi_DisposalOfAssetsCollateralMaximum_6376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6375" xlink:to="Locator_mbi_DisposalOfAssetsCollateralMaximum_6376" order="39.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6377" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_6378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6377" xlink:to="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_6378" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6379" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="Locator_mbi_MinimumStatutoryCapitalRequirement_6380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6379" xlink:to="Locator_mbi_MinimumStatutoryCapitalRequirement_6380" order="41.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsMaximumAmount_6382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6381" xlink:to="Locator_mbi_RemediationEffortsMaximumAmount_6382" order="42.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6383" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_6384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6383" xlink:to="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_6384" order="43.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_6386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6385" xlink:to="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_6386" order="44.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="Locator_us-gaap_LettersOfCreditOutstandingAmount_6388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6387" xlink:to="Locator_us-gaap_LettersOfCreditOutstandingAmount_6388" order="45.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6389" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="Locator_mbi_NumberPooledInvestmentPrograms_6390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6389" xlink:to="Locator_mbi_NumberPooledInvestmentPrograms_6390" order="46.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_6302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6301" xlink:to="Locator_us-gaap_SurplusNotes_6302" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6303" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6304" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6323" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_6324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6323" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_6324" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_6306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6305" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_6306" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6335" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6336" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6333" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6334" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6563" xlink:to="Locator_us-gaap_RangeAxis_6564" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6565" xlink:to="Locator_dei_LegalEntityAxis_6566" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_6568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6567" xlink:to="Locator_us-gaap_CreditFacilityAxis_6568" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_6599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityAxis_6599" xlink:to="Locator_us-gaap_CreditFacilityDomain_6600" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6601" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiborRateLoansMember" xlink:label="Locator_mbi_LiborRateLoansMember_6602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_6601" xlink:to="Locator_mbi_LiborRateLoansMember_6602" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BaseRateLoansMember" xlink:label="Locator_mbi_BaseRateLoansMember_6604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_6603" xlink:to="Locator_mbi_BaseRateLoansMember_6604" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_6606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_6605" xlink:to="Locator_us-gaap_MediumTermNotesMember_6606" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_6607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_6608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_6607" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_6608" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6569" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6570" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6609" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6610" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6611" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ApplicableMarginMember" xlink:label="Locator_mbi_ApplicableMarginMember_6612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6611" xlink:to="Locator_mbi_ApplicableMarginMember_6612" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6613" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="Locator_mbi_FederalFundsRateMarginMember_6614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6613" xlink:to="Locator_mbi_FederalFundsRateMarginMember_6614" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6615" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="Locator_mbi_AdjustedLiborRateMarginMember_6616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6615" xlink:to="Locator_mbi_AdjustedLiborRateMarginMember_6616" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6617" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AveragerateMember" xlink:label="Locator_mbi_AveragerateMember_6618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6617" xlink:to="Locator_mbi_AveragerateMember_6618" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6621" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="Locator_mbi_MbiaCorpSurplusNotesMember_6622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6621" xlink:to="Locator_mbi_MbiaCorpSurplusNotesMember_6622" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6619" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_6620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6619" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_6620" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_6572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_6571" xlink:to="Locator_us-gaap_ProductOrServiceAxis_6572" order="5.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiums">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsTextBlock" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_6632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6631" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_6632" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6633" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="Locator_mbi_RollforwardOfPremiumsReceivableTableTextBlock_6634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6633" xlink:to="Locator_mbi_RollforwardOfPremiumsReceivableTableTextBlock_6634" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6635" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="Locator_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_6636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6635" xlink:to="Locator_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_6636" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_6637" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="Locator_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_6638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_6637" xlink:to="Locator_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_6638" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceInForce">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6639" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="Locator_mbi_InsuranceInForceTextBlock_6640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6639" xlink:to="Locator_mbi_InsuranceInForceTextBlock_6640" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceRegulationsAndDividends">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsAbstract" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_6641" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTextBlock_6642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_6641" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsTextBlock_6642" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/PensionAndProfitSharingPlans">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract" xlink:label="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_6643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="Locator_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_6644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_6643" xlink:to="Locator_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_6644" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongtermIncentivePlans">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_6646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6645" xlink:to="Locator_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_6646" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStock">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="Locator_us-gaap_StockholdersEquityNoteAbstract_6647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="Locator_us-gaap_StockholdersEquityNoteDisclosureTextBlock_6648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityNoteAbstract_6647" xlink:to="Locator_us-gaap_StockholdersEquityNoteDisclosureTextBlock_6648" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/RelatedPartyTransactions">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_6649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="Locator_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_6650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_6649" xlink:to="Locator_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_6650" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6801" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_6801" xlink:to="Locator_mbi_RangeDomain_6802" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6803" xlink:to="Locator_us-gaap_MinimumMember_6804" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_6805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_6805" xlink:to="Locator_us-gaap_MaximumMember_6806" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_6827" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_6828" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6829" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AfterAmendmentMember" xlink:label="Locator_mbi_AfterAmendmentMember_6830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6829" xlink:to="Locator_mbi_AfterAmendmentMember_6830" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6831" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PriorToAmendmentMember" xlink:label="Locator_mbi_PriorToAmendmentMember_6832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6831" xlink:to="Locator_mbi_PriorToAmendmentMember_6832" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6699" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6700" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6795" xlink:to="Locator_us-gaap_RangeAxis_6796" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6797" xlink:to="Locator_us-gaap_TitleOfIndividualAxis_6798" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualAxis_6821" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6822" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_KeyEmployeesMember" xlink:label="Locator_mbi_KeyEmployeesMember_6824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6823" xlink:to="Locator_mbi_KeyEmployeesMember_6824" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BoardOfDirectorsMember" xlink:label="Locator_mbi_BoardOfDirectorsMember_6826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6825" xlink:to="Locator_mbi_BoardOfDirectorsMember_6826" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6799" xlink:to="Locator_us-gaap_StatementScenarioAxis_6800" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6793" xlink:to="Locator_us-gaap_AwardTypeAxis_6794" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AwardTypeAxis_6807" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6808" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OmnibusPlanMember" xlink:label="Locator_mbi_OmnibusPlanMember_6810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6809" xlink:to="Locator_mbi_OmnibusPlanMember_6810" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RestrictedShareUnitMember" xlink:label="Locator_mbi_RestrictedShareUnitMember_6814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6813" xlink:to="Locator_mbi_RestrictedShareUnitMember_6814" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="Locator_us-gaap_EmployeeStockOptionMember_6816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6815" xlink:to="Locator_us-gaap_EmployeeStockOptionMember_6816" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="Locator_mbi_PerformanceBasedAwardsMember_6818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6817" xlink:to="Locator_mbi_PerformanceBasedAwardsMember_6818" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6819" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredCashAwardsMember" xlink:label="Locator_mbi_DeferredCashAwardsMember_6820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6819" xlink:to="Locator_mbi_DeferredCashAwardsMember_6820" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6811" xlink:to="Locator_us-gaap_RestrictedStockMember_6812" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6791" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6792" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_6652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6651" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_6652" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_6654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6653" xlink:to="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_6654" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6655" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_6656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6655" xlink:to="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_6656" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6657" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_6658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6657" xlink:to="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_6658" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6659" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_6660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6659" xlink:to="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_6660" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_6662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6661" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_6662" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6663" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6664" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_6670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6669" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_6670" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_6672" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6671" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_6672" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_6674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6673" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_6674" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="Locator_us-gaap_AllocatedShareBasedCompensationExpense_6676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6675" xlink:to="Locator_us-gaap_AllocatedShareBasedCompensationExpense_6676" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_6678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6677" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_6678" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_6680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6679" xlink:to="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_6680" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6681" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6682" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6683" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="Locator_mbi_DeferredTaxAssetWriteOff_6684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6683" xlink:to="Locator_mbi_DeferredTaxAssetWriteOff_6684" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6685" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6686" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_6688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6687" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_6688" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6689" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6690" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6691" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6692" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6693" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6694" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6667" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6668" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6695" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6696" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6665" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6666" order="8.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6877" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6878" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6885" xlink:to="Locator_us-gaap_AwardTypeAxis_6886" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AwardTypeAxis_6879" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6880" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6881" xlink:to="Locator_us-gaap_RestrictedStockMember_6882" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6883" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6884" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6833" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6834" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6835" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6836" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6837" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6838" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6839" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6840" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6841" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6842" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6843" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6844" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6845" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6846" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6847" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6848" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6850" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6849" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6850" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6851" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6852" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6903" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6904" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OfficerMember" xlink:label="Locator_us-gaap_OfficerMember_6908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6907" xlink:to="Locator_us-gaap_OfficerMember_6908" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6909" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherOneMember" xlink:label="Locator_mbi_OtherOneMember_6910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6909" xlink:to="Locator_mbi_OtherOneMember_6910" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6905" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6906" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6887" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6888" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6911" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6911" xlink:to="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6912" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6913" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6914" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6917" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6918" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6919" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6920" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6921" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6922" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6915" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6916" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6923" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6924" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6925" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6926" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_6930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6929" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_6930" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_6932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6931" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_6932" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_6934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6933" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_6934" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6927" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6928" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6935" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6936" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6937" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6938" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6939" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6940" order="13.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6963" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_6964" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_7003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_7003" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7004" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_6942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6941" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_6942" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_6944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6943" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_6944" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6945" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6946" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6947" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6948" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_6950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6949" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_6950" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_6952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6951" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_6952" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6953" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6954" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6955" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6956" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_6958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6957" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_6958" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_6960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_6959" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_6960" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_7005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_7006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_7005" xlink:to="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_7006" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_7011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_7012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis_7011" xlink:to="Locator_us-gaap_TypeOfDeferredCompensationDomain_7012" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_7009" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionsExercisableMember" xlink:label="Locator_mbi_OptionsExercisableMember_7010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_7009" xlink:to="Locator_mbi_OptionsExercisableMember_7010" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_7007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_7008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_7007" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_7008" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_7013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_7013" xlink:to="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7014" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7015" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember" xlink:label="Locator_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_7016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7015" xlink:to="Locator_mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember_7016" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7017" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FiftyEightPointEightFourToSeventyPointEightSixMember" xlink:label="Locator_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_7018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_7017" xlink:to="Locator_mbi_FiftyEightPointEightFourToSeventyPointEightSixMember_7018" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongtermIncentivePlansTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_7020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7019" xlink:to="Locator_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_7020" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7021" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="Locator_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_7022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7021" xlink:to="Locator_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_7022" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_7024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7023" xlink:to="Locator_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_7024" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7025" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="Locator_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_7026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7025" xlink:to="Locator_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_7026" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_7028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7027" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_7028" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_7030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_7029" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_7030" order="6.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDebtInstrumentsTextBlock_7032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7031" xlink:to="Locator_us-gaap_ScheduleOfDebtInstrumentsTextBlock_7032" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_7034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7033" xlink:to="Locator_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_7034" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7035" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="Locator_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_7036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7035" xlink:to="Locator_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_7036" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7037" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="Locator_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_7038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7037" xlink:to="Locator_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_7038" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7039" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="Locator_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_7040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7039" xlink:to="Locator_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_7040" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7041" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7041" xlink:to="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_7042" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_7044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7043" xlink:to="Locator_us-gaap_SurplusNotes_7044" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7045" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_7046" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_7048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7047" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_7048" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7049" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_7050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7049" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_7050" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCallDateEarliest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateEarliest_7052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7051" xlink:to="Locator_us-gaap_DebtInstrumentCallDateEarliest_7052" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7053" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_7054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7053" xlink:to="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_7054" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_7056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7055" xlink:to="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_7056" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCallDateLatest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateLatest_7058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7057" xlink:to="Locator_us-gaap_DebtInstrumentCallDateLatest_7058" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_7060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7059" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_7060" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7061" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_7062" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7064" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7063" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7064" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7065" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7066" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_7125" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_7126" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7127" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_7128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7127" xlink:to="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_7128" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7129" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_7130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7129" xlink:to="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_7130" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7131" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_7132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7131" xlink:to="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_7132" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7133" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_7134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7133" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_7134" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7135" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7135" xlink:to="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7136" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7137" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7137" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7138" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7139" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7139" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7140" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7123" xlink:to="Locator_us-gaap_DebtInstrumentTable_7124" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7141" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_7142" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7143" xlink:to="Locator_us-gaap_DebtInstrumentAxis_7144" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7145" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NotesCallablePrice" xlink:label="Locator_mbi_NotesCallablePrice_7146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7145" xlink:to="Locator_mbi_NotesCallablePrice_7146" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_7160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7159" xlink:to="Locator_us-gaap_LongTermDebt_7160" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7147" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7148" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7149" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7150" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7151" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7152" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7153" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7154" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7155" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7156" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7157" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7158" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_7211" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_7212" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_7214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7213" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_7214" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7215" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7215" xlink:to="Locator_mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember_7216" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtMember" xlink:label="Locator_us-gaap_DebtMember_7218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7217" xlink:to="Locator_us-gaap_DebtMember_7218" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7219" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7219" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_7220" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7221" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_7222" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7163" xlink:to="Locator_us-gaap_DebtInstrumentTable_7164" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7207" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_7208" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7209" xlink:to="Locator_us-gaap_DebtInstrumentAxis_7210" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7223" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_7224" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7225" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_7226" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7227" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7228" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7229" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7230" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7231" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7232" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7233" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_7234" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_7236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7235" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_7236" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7237" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_7238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7237" xlink:to="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_7238" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7239" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7240" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7241" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_7242" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7243" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="Locator_mbi_DebtInstrumentFairValueAdjustment_7244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7243" xlink:to="Locator_mbi_DebtInstrumentFairValueAdjustment_7244" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7245" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_7246" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_7248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_7247" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_7248" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_7315" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_7316" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_7318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7317" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_7318" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_7320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7319" xlink:to="Locator_us-gaap_MediumTermNotesMember_7320" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_7321" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="Locator_mbi_VariableInterestEntityDebtMember_7322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_7321" xlink:to="Locator_mbi_VariableInterestEntityDebtMember_7322" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_7251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_7251" xlink:to="Locator_us-gaap_DebtInstrumentTable_7252" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_7310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7309" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_7310" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_7312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7311" xlink:to="Locator_us-gaap_DebtInstrumentAxis_7312" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_7313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_7313" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_7314" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_7323" xlink:to="Locator_us-gaap_SegmentDomain_7324" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7325" xlink:to="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7326" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7327" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_7328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7327" xlink:to="Locator_mbi_AdvisoryServicesMember_7328" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_7473" xlink:to="Locator_us-gaap_SegmentDomain_7474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7475" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_7476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7475" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_7476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7477" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StructuredFinanceAndInternationalInsuranceMember" xlink:label="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7477" xlink:to="Locator_mbi_StructuredFinanceAndInternationalInsuranceMember_7478" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7479" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateOperationsMember" xlink:label="Locator_mbi_CorporateOperationsMember_7480" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7479" xlink:to="Locator_mbi_CorporateOperationsMember_7480" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7481" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_7482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7481" xlink:to="Locator_mbi_AdvisoryServicesMember_7482" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_7483" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConduitsMember" xlink:label="Locator_mbi_ConduitsMember_7484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_7483" xlink:to="Locator_mbi_ConduitsMember_7484" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="Locator_us-gaap_SegmentReportingAbstract_7369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingAbstract_7369" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7467" xlink:to="Locator_us-gaap_SegmentReportingInformationLineItems_7468" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="Locator_us-gaap_RevenueOtherFinancialServices_7330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7329" xlink:to="Locator_us-gaap_RevenueOtherFinancialServices_7330" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_7332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7331" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_7332" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7333" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7334" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7335" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7336" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7337" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7338" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_7340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7339" xlink:to="Locator_us-gaap_OtherIncome_7340" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="Locator_mbi_RevenuesOfConsolidatedVies_7342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7341" xlink:to="Locator_mbi_RevenuesOfConsolidatedVies_7342" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7343" xlink:to="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7344" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7345" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentRevenue" xlink:label="Locator_mbi_SegmentRevenue_7346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7345" xlink:to="Locator_mbi_SegmentRevenue_7346" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_7348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7347" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_7348" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_7350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7349" xlink:to="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_7350" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_7352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7351" xlink:to="Locator_us-gaap_InterestExpense_7352" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7353" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="Locator_mbi_ExpensesOfConsolidatedVies_7354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7353" xlink:to="Locator_mbi_ExpensesOfConsolidatedVies_7354" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7355" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7355" xlink:to="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_7356" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7357" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentExpense" xlink:label="Locator_mbi_SegmentExpense_7358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7357" xlink:to="Locator_mbi_SegmentExpense_7358" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7359" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SegmentPretaxIncomeLoss" xlink:label="Locator_mbi_SegmentPretaxIncomeLoss_7360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7359" xlink:to="Locator_mbi_SegmentPretaxIncomeLoss_7360" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_7362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7361" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_7362" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7363" xlink:to="Locator_us-gaap_NetIncomeLoss_7364" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_7365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_7366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_7365" xlink:to="Locator_us-gaap_Assets_7366" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_7470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7469" xlink:to="Locator_us-gaap_ConsolidationItemsAxis_7470" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_7485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ConsolidationItemsAxis_7485" xlink:to="Locator_us-gaap_ConsolidationItemsDomain_7486" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="Locator_us-gaap_OperatingSegmentsMember_7488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_7487" xlink:to="Locator_us-gaap_OperatingSegmentsMember_7488" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_7489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="Locator_us-gaap_IntersegmentEliminationMember_7490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_7489" xlink:to="Locator_us-gaap_IntersegmentEliminationMember_7490" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_7472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_7471" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_7472" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceInForceTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7491" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_7492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7491" xlink:to="Locator_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_7492" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7493" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_7494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7493" xlink:to="Locator_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_7494" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7495" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="Locator_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_7496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7495" xlink:to="Locator_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_7496" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7497" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="Locator_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_7498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7497" xlink:to="Locator_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_7498" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_7585" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_7586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_7585" xlink:to="Locator_mbi_RangeDomain_7586" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_7587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_7588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_7587" xlink:to="Locator_us-gaap_MinimumMember_7588" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_7589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_7590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_7589" xlink:to="Locator_us-gaap_MaximumMember_7590" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7597" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_7598" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7599" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="Locator_mbi_GuaranteesOfDerivativeContractsMember_7600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7599" xlink:to="Locator_mbi_GuaranteesOfDerivativeContractsMember_7600" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7601" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentAgreementContractsMember" xlink:label="Locator_mbi_InvestmentAgreementContractsMember_7602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7601" xlink:to="Locator_mbi_InvestmentAgreementContractsMember_7602" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7583" xlink:to="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7591" xlink:to="Locator_us-gaap_GuaranteeObligationsLineItems_7592" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7499" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_7500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7499" xlink:to="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_7500" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7501" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_7502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7501" xlink:to="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_7502" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="Locator_us-gaap_GuaranteeObligationsMaximumExposure_7504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7503" xlink:to="Locator_us-gaap_GuaranteeObligationsMaximumExposure_7504" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLowerRemainingMaturityRange1" xlink:label="Locator_us-gaap_DerivativeLowerRemainingMaturityRange1_7506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7505" xlink:to="Locator_us-gaap_DerivativeLowerRemainingMaturityRange1_7506" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeHigherRemainingMaturityRange1" xlink:label="Locator_us-gaap_DerivativeHigherRemainingMaturityRange1_7508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7507" xlink:to="Locator_us-gaap_DerivativeHigherRemainingMaturityRange1_7508" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_7510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7509" xlink:to="Locator_us-gaap_DerivativeLiabilities_7510" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7511" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="Locator_mbi_FutureGuaranteePaymentsMaturityRange_7512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7511" xlink:to="Locator_mbi_FutureGuaranteePaymentsMaturityRange_7512" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7513" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7513" xlink:to="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7514" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7515" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_7516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7515" xlink:to="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_7516" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7517" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ThirdPartyReinsurance" xlink:label="Locator_mbi_ThirdPartyReinsurance_7518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7517" xlink:to="Locator_mbi_ThirdPartyReinsurance_7518" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_7520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7519" xlink:to="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_7520" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7521" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7521" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7522" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceRecoveries" xlink:label="Locator_us-gaap_InsuranceRecoveries_7524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7523" xlink:to="Locator_us-gaap_InsuranceRecoveries_7524" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_7525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="Locator_us-gaap_FeesAndCommissionsOther_7526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_7525" xlink:to="Locator_us-gaap_FeesAndCommissionsOther_7526" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_7594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7593" xlink:to="Locator_us-gaap_RangeAxis_7594" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7595" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7596" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_7604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_7603" xlink:to="Locator_us-gaap_CounterpartyNameAxis_7604" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_7605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CounterpartyNameAxis_7605" xlink:to="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7606" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7607" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_7608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_7607" xlink:to="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_7608" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7663" xlink:to="Locator_us-gaap_StatementGeographicalAxis_7664" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementGeographicalAxis_7665" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_7666" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="Locator_stpr_CA_7668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7667" xlink:to="Locator_stpr_CA_7668" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="Locator_stpr_NY_7670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7669" xlink:to="Locator_stpr_NY_7670" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_IL" xlink:label="Locator_stpr_IL_7672" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7671" xlink:to="Locator_stpr_IL_7672" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="Locator_stpr_FL_7674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7673" xlink:to="Locator_stpr_FL_7674" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="Locator_stpr_TX_7676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7675" xlink:to="Locator_stpr_TX_7676" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="Locator_stpr_NJ_7678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7677" xlink:to="Locator_stpr_NJ_7678" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MI" xlink:label="Locator_stpr_MI_7680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7679" xlink:to="Locator_stpr_MI_7680" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_PA" xlink:label="Locator_stpr_PA_7682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7681" xlink:to="Locator_stpr_PA_7682" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_WA" xlink:label="Locator_stpr_WA_7684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7683" xlink:to="Locator_stpr_WA_7684" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_PR" xlink:label="Locator_country_PR_7686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7685" xlink:to="Locator_country_PR_7686" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CO" xlink:label="Locator_stpr_CO_7688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7687" xlink:to="Locator_stpr_CO_7688" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7689" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="Locator_mbi_SubTotalInsuranceInForceMember_7690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7689" xlink:to="Locator_mbi_SubTotalInsuranceInForceMember_7690" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7691" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationallyDiversifiedMember" xlink:label="Locator_mbi_NationallyDiversifiedMember_7692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7691" xlink:to="Locator_mbi_NationallyDiversifiedMember_7692" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7693" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherStatesMember" xlink:label="Locator_mbi_OtherStatesMember_7694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7693" xlink:to="Locator_mbi_OtherStatesMember_7694" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7697" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_7698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7697" xlink:to="Locator_mbi_InternationallyDiversifiedMember_7698" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7699" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CountrySpecificMember" xlink:label="Locator_mbi_CountrySpecificMember_7700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7699" xlink:to="Locator_mbi_CountrySpecificMember_7700" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="Locator_country_US_7696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7695" xlink:to="Locator_country_US_7696" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7701" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_7702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7701" xlink:to="Locator_mbi_NonUnitedStatesMember_7702" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7661" xlink:to="Locator_us-gaap_StatementLineItems_7662" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7609" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7610" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7611" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7612" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7615" xlink:to="Locator_us-gaap_StatementTable_7616" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_7780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7779" xlink:to="Locator_us-gaap_UnderlyingAssetClassAxis_7780" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_7797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_7797" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_7798" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7799" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationMember" xlink:label="Locator_mbi_GeneralObligationMember_7800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7799" xlink:to="Locator_mbi_GeneralObligationMember_7800" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7801" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="Locator_mbi_GeneralObligationLeaseMember_7802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7801" xlink:to="Locator_mbi_GeneralObligationLeaseMember_7802" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7803" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="Locator_mbi_MunicipalUtilitiesMember_7804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7803" xlink:to="Locator_mbi_MunicipalUtilitiesMember_7804" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7805" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TaxBackedMember" xlink:label="Locator_mbi_TaxBackedMember_7806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7805" xlink:to="Locator_mbi_TaxBackedMember_7806" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7807" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TransportationMember" xlink:label="Locator_mbi_TransportationMember_7808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7807" xlink:to="Locator_mbi_TransportationMember_7808" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7809" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HigherEducationMember" xlink:label="Locator_mbi_HigherEducationMember_7810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7809" xlink:to="Locator_mbi_HigherEducationMember_7810" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7811" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_HealthCareMember" xlink:label="Locator_mbi_HealthCareMember_7812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7811" xlink:to="Locator_mbi_HealthCareMember_7812" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7813" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MilitaryHousingMember" xlink:label="Locator_mbi_MilitaryHousingMember_7814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7813" xlink:to="Locator_mbi_MilitaryHousingMember_7814" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7815" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="Locator_mbi_InvestorOwnedUtilitiesMember_7816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7815" xlink:to="Locator_mbi_InvestorOwnedUtilitiesMember_7816" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7817" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MunicipalHousingMember" xlink:label="Locator_mbi_MunicipalHousingMember_7818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7817" xlink:to="Locator_mbi_MunicipalHousingMember_7818" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7819" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StudentLoansMember" xlink:label="Locator_mbi_StudentLoansMember_7820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7819" xlink:to="Locator_mbi_StudentLoansMember_7820" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7821" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherPublicFinanceMember" xlink:label="Locator_mbi_OtherPublicFinanceMember_7822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7821" xlink:to="Locator_mbi_OtherPublicFinanceMember_7822" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7823" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InternationalUtilitiesMember" xlink:label="Locator_mbi_InternationalUtilitiesMember_7824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7823" xlink:to="Locator_mbi_InternationalUtilitiesMember_7824" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7825" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="Locator_mbi_SovereignRelatedAndSubSovereignMember_7826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7825" xlink:to="Locator_mbi_SovereignRelatedAndSubSovereignMember_7826" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7827" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LocalGovernmentsMember" xlink:label="Locator_mbi_LocalGovernmentsMember_7828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7827" xlink:to="Locator_mbi_LocalGovernmentsMember_7828" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_7830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7829" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_7830" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_7832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7831" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_7832" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7833" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7834" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7835" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_7836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7835" xlink:to="Locator_mbi_ConsumerAssetBackedMember_7836" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7837" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_7838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7837" xlink:to="Locator_mbi_CorporateAssetBackedMember_7838" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7781" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7782" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_7785" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_7786" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7787" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_7788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7787" xlink:to="Locator_mbi_GlobalPublicFinanceMember_7788" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_7789" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_7790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_7789" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_7790" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7783" xlink:to="Locator_us-gaap_StatementGeographicalAxis_7784" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_7791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementGeographicalAxis_7791" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_7792" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="Locator_country_US_7794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7793" xlink:to="Locator_country_US_7794" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7795" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_7796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7795" xlink:to="Locator_mbi_NonUnitedStatesMember_7796" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7777" xlink:to="Locator_us-gaap_StatementLineItems_7778" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7703" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_7704" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7705" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_7706" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7709" xlink:to="Locator_us-gaap_StatementTable_7710" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_7920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7919" xlink:to="Locator_us-gaap_CreditRatingMoodysAxis_7920" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingMoodysAxis" xlink:label="Locator_us-gaap_CreditRatingMoodysAxis_7925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditRatingMoodysAxis_7925" xlink:to="Locator_us-gaap_ExternalCreditRatingMoodysMember_7926" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAaaRatingMember" xlink:label="Locator_us-gaap_MoodysAaaRatingMember_7928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7927" xlink:to="Locator_us-gaap_MoodysAaaRatingMember_7928" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysAa3RatingMember" xlink:label="Locator_us-gaap_MoodysAa3RatingMember_7930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7929" xlink:to="Locator_us-gaap_MoodysAa3RatingMember_7930" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA1RatingMember" xlink:label="Locator_us-gaap_MoodysA1RatingMember_7932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7931" xlink:to="Locator_us-gaap_MoodysA1RatingMember_7932" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7933" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_Moodysa2OrAboveRatingMember" xlink:label="Locator_mbi_Moodysa2OrAboveRatingMember_7934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7933" xlink:to="Locator_mbi_Moodysa2OrAboveRatingMember_7934" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysA3RatingMember" xlink:label="Locator_us-gaap_MoodysA3RatingMember_7936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7935" xlink:to="Locator_us-gaap_MoodysA3RatingMember_7936" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingMoodysMember" xlink:label="Locator_us-gaap_ExternalCreditRatingMoodysMember_7937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MoodysBaa1RatingMember" xlink:label="Locator_us-gaap_MoodysBaa1RatingMember_7938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingMoodysMember_7937" xlink:to="Locator_us-gaap_MoodysBaa1RatingMember_7938" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingStandardPoorsAxis" xlink:label="Locator_us-gaap_CreditRatingStandardPoorsAxis_7922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7921" xlink:to="Locator_us-gaap_CreditRatingStandardPoorsAxis_7922" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CreditRatingStandardPoorsAxis" xlink:label="Locator_us-gaap_CreditRatingStandardPoorsAxis_7939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditRatingStandardPoorsAxis_7939" xlink:to="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7940" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAARatingMember" xlink:label="Locator_us-gaap_StandardPoorsAAARatingMember_7942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7941" xlink:to="Locator_us-gaap_StandardPoorsAAARatingMember_7942" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAPlusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAAPlusRatingMember_7944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7943" xlink:to="Locator_us-gaap_StandardPoorsAAPlusRatingMember_7944" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAARatingMember" xlink:label="Locator_us-gaap_StandardPoorsAARatingMember_7946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7945" xlink:to="Locator_us-gaap_StandardPoorsAARatingMember_7946" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAAMinusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAAMinusRatingMember_7948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7947" xlink:to="Locator_us-gaap_StandardPoorsAAMinusRatingMember_7948" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAPlusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAPlusRatingMember_7950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7949" xlink:to="Locator_us-gaap_StandardPoorsAPlusRatingMember_7950" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsARatingMember" xlink:label="Locator_us-gaap_StandardPoorsARatingMember_7952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7951" xlink:to="Locator_us-gaap_StandardPoorsARatingMember_7952" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StandardPoorsAMinusRatingMember" xlink:label="Locator_us-gaap_StandardPoorsAMinusRatingMember_7954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7953" xlink:to="Locator_us-gaap_StandardPoorsAMinusRatingMember_7954" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ExternalCreditRatingStandardPoorsMember" xlink:label="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StandardpoorsaminusoraboveratingmemberMember" xlink:label="Locator_mbi_StandardpoorsaminusoraboveratingmemberMember_7956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingStandardPoorsMember_7955" xlink:to="Locator_mbi_StandardpoorsaminusoraboveratingmemberMember_7956" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7923" xlink:to="Locator_us-gaap_CededCreditRiskAxis_7924" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskAxis_7957" xlink:to="Locator_us-gaap_CededCreditRiskReinsurerDomain_7958" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7959" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="Locator_mbi_AssuredGuarantyCorpMember_7960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7959" xlink:to="Locator_mbi_AssuredGuarantyCorpMember_7960" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="Locator_mbi_AssuredGuarantyReLtdMember_7962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7961" xlink:to="Locator_mbi_AssuredGuarantyReLtdMember_7962" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7963" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7963" xlink:to="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7964" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7965" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="Locator_mbi_ExportDevelopmentCanadaMember_7966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7965" xlink:to="Locator_mbi_ExportDevelopmentCanadaMember_7966" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7967" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherReinsurersMember" xlink:label="Locator_mbi_OtherReinsurersMember_7968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7967" xlink:to="Locator_mbi_OtherReinsurersMember_7968" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7917" xlink:to="Locator_us-gaap_StatementLineItems_7918" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7839" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7839" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7840" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7841" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" xlink:label="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7841" xlink:to="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount_7842" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="Locator_us-gaap_ReinsuranceRecoverables_7844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7843" xlink:to="Locator_us-gaap_ReinsuranceRecoverables_7844" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7845" xlink:to="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7846" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnUnpaidLosses" xlink:label="Locator_us-gaap_ReinsuranceRecoverablesOnUnpaidLosses_7848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7847" xlink:to="Locator_us-gaap_ReinsuranceRecoverablesOnUnpaidLosses_7848" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7851" xlink:to="Locator_us-gaap_StatementTable_7852" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="Locator_us-gaap_DirectPremiumsEarned_7970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7969" xlink:to="Locator_us-gaap_DirectPremiumsEarned_7970" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="Locator_us-gaap_AssumedPremiumsEarned_7972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7971" xlink:to="Locator_us-gaap_AssumedPremiumsEarned_7972" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7973" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7973" xlink:to="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7974" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_7976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7975" xlink:to="Locator_us-gaap_CededPremiumsEarned_7976" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_7978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7977" xlink:to="Locator_us-gaap_PremiumsEarnedNet_7978" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIIParentCompanyFinancials">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_7988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7987" xlink:to="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_7988" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIInvestments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_7989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_7990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_7989" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_7990" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIVReinsurance">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_7992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7991" xlink:to="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_7992" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8095" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8096" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8097" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_8098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentCategoryDomain_8097" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_8098" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_8069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_8069" xlink:to="Locator_invest_InvestmentDomain_8070" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_8072" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8071" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_8072" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_8074" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8073" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_8074" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_8076" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8075" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_8076" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_8078" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8077" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_8078" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8079" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_8080" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8079" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_8080" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8081" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_8082" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8081" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_8082" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_8084" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8083" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_8084" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_8086" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8085" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_8086" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8087" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_8088" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8087" xlink:to="Locator_mbi_OtherAssetBackedMember_8088" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8089" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_8090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8089" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_8090" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8091" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_8092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8091" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_8092" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_8093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAggregatedInvestmentsMember" xlink:label="Locator_us-gaap_OtherAggregatedInvestmentsMember_8094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_8093" xlink:to="Locator_us-gaap_OtherAggregatedInvestmentsMember_8094" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_8067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8068" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_8067" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8068" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8113" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_8114" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_7994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7993" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_7994" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_7996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7995" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_7996" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_7998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7997" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_7998" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_8116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8115" xlink:to="Locator_us-gaap_DebtSecurityAxis_8116" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_8117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtSecurityAxis_8117" xlink:to="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8118" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_8120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8119" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_8120" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_8122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_8121" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_8122" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8123" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8124" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_8099" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8100" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8101" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="Locator_mbi_LongTermAvailableForSaleMember_8102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8101" xlink:to="Locator_mbi_LongTermAvailableForSaleMember_8102" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8103" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="Locator_mbi_ShortTermAvailableForSaleMember_8104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8103" xlink:to="Locator_mbi_ShortTermAvailableForSaleMember_8104" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8105" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="Locator_mbi_EquityAvailableForSaleMember_8106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8105" xlink:to="Locator_mbi_EquityAvailableForSaleMember_8106" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesMember_8108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8107" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesMember_8108" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8109" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="Locator_mbi_InvestmentsAtFairValueMember_8110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8109" xlink:to="Locator_mbi_InvestmentsAtFairValueMember_8110" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_8112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_8111" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_8112" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_8126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8125" xlink:to="Locator_invest_InvestmentAxis_8126" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_8127" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis_8128" order="4.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_8130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8129" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_8130" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_8132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8131" xlink:to="Locator_us-gaap_TradingSecurities_8132" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_8134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8133" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_8134" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_8136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8135" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_8136" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_8138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8137" xlink:to="Locator_us-gaap_OtherInvestments_8138" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_8140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8139" xlink:to="Locator_us-gaap_Investments_8140" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8141" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8142" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8143" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_8144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8143" xlink:to="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_8144" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_8146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8145" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_8146" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_8148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8147" xlink:to="Locator_us-gaap_OtherAssets_8148" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_8150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_8149" xlink:to="Locator_us-gaap_Assets_8150" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8151" xlink:to="Locator_us-gaap_LiabilitiesAbstract_8152" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_8158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8157" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_8158" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8159" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8160" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_8162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8161" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_8162" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayable" xlink:label="Locator_us-gaap_LoansPayable_8164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8163" xlink:to="Locator_us-gaap_LoansPayable_8164" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_8166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8165" xlink:to="Locator_us-gaap_DerivativeLiabilities_8166" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_8168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8167" xlink:to="Locator_us-gaap_OtherLiabilities_8168" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_8169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_8170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_8169" xlink:to="Locator_us-gaap_Liabilities_8170" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8153" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8154" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_8172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8171" xlink:to="Locator_us-gaap_PreferredStockValue_8172" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_8174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8173" xlink:to="Locator_us-gaap_CommonStockValue_8174" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_8176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8175" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_8176" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_8178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8177" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_8178" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_8180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8179" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_8180" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_8182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8181" xlink:to="Locator_us-gaap_TreasuryStockValue_8182" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_8184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_8183" xlink:to="Locator_us-gaap_StockholdersEquity_8184" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8155" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_8156" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8337" xlink:to="Locator_dei_EntityDomain_8338" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8339" xlink:to="Locator_us-gaap_ParentCompanyMember_8340" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_8216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8215" xlink:to="Locator_us-gaap_CondensedBalanceSheetStatementTable_8216" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_8333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementTable_8333" xlink:to="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8334" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_8186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8185" xlink:to="Locator_us-gaap_AssetsAbstract_8186" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8187" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_8188" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_8190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8189" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_8190" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8191" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_8192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8191" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_8192" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_8194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8193" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_8194" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8195" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8196" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_8198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8197" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_8198" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_8200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8199" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_8200" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_8202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8201" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_8202" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_8204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8203" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_8204" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_8206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8205" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_8206" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_8208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8207" xlink:to="Locator_us-gaap_CommonStockSharesIssued_8208" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8209" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_8210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8209" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_8210" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_8212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_8211" xlink:to="Locator_us-gaap_TreasuryStockShares_8212" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_8335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementTable_8335" xlink:to="Locator_dei_LegalEntityAxis_8336" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIVReinsuranceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DirectPremiumsWritten" xlink:label="Locator_us-gaap_DirectPremiumsWritten_8342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8341" xlink:to="Locator_us-gaap_DirectPremiumsWritten_8342" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="Locator_us-gaap_CededPremiumsWritten_8344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8343" xlink:to="Locator_us-gaap_CededPremiumsWritten_8344" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssumedPremiumsWritten" xlink:label="Locator_us-gaap_AssumedPremiumsWritten_8346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8345" xlink:to="Locator_us-gaap_AssumedPremiumsWritten_8346" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_8348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8347" xlink:to="Locator_us-gaap_PremiumsWrittenNet_8348" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8349" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="Locator_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_8350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_8349" xlink:to="Locator_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_8350" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8469" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8470" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_8472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_8471" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_8472" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_8358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8357" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_8358" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_8360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8359" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_8360" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_8362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8361" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_8362" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8473" xlink:to="Locator_dei_EntityDomain_8474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8475" xlink:to="Locator_us-gaap_ParentCompanyMember_8476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8467" xlink:to="Locator_us-gaap_CondensedIncomeStatementTable_8468" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_8477" xlink:to="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8478" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_8364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8363" xlink:to="Locator_us-gaap_NetInvestmentIncome_8364" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8365" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8365" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8366" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8367" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_8368" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_8370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8369" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_8370" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_8372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8371" xlink:to="Locator_us-gaap_OtherIncome_8372" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_8374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8373" xlink:to="Locator_us-gaap_Revenues_8374" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_8376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8375" xlink:to="Locator_us-gaap_OperatingExpenses_8376" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_8378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8377" xlink:to="Locator_us-gaap_InterestExpense_8378" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_8380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8379" xlink:to="Locator_us-gaap_CostsAndExpenses_8380" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8381" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8381" xlink:to="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_8382" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_8384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8383" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_8384" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8385" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8385" xlink:to="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_8386" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_8388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8387" xlink:to="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_8388" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_8389" xlink:to="Locator_us-gaap_NetIncomeLoss_8390" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8480" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_8479" xlink:to="Locator_dei_LegalEntityAxis_8480" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_8481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_8481" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_8482" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_8581" xlink:to="Locator_us-gaap_StatementLineItems_8582" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8483" xlink:to="Locator_us-gaap_NetIncomeLoss_8484" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8485" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8486" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8491" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8492" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_8500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8499" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_8500" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_8502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8501" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_8502" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_8504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8503" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_8504" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/positiveLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_8506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8505" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_8506" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_8508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8507" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_8508" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_8510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_8509" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_8510" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8493" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8494" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8511" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_8512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8511" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_8512" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8513" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_8514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8513" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_8514" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8515" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_8516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8515" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_8516" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8517" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_8518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8517" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_8518" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8519" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_8520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8519" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_8520" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8521" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_8522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_8521" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_8522" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8495" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8496" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_8524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8523" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_8524" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_8526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8525" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_8526" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_8528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_8527" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_8528" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_8498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_8497" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_8498" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_8488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8487" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTax_8488" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_8583" xlink:to="Locator_dei_LegalEntityAxis_8584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8585" xlink:to="Locator_dei_EntityDomain_8586" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8587" xlink:to="Locator_us-gaap_ParentCompanyMember_8588" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8530" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8529" xlink:to="Locator_us-gaap_StatementTable_8530" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8865" xlink:to="Locator_dei_EntityDomain_8866" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_8868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8867" xlink:to="Locator_us-gaap_ParentCompanyMember_8868" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_8692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8691" xlink:to="Locator_us-gaap_CondensedCashFlowStatementTable_8692" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_8861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementTable_8861" xlink:to="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8862" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8589" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8590" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_8610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8609" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_8610" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_8612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8611" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_8612" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_8614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8613" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_8614" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_8616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8615" xlink:to="Locator_us-gaap_InterestPaidNet_8616" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_8618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8617" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_8618" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_8619" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8620" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8591" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8592" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_8622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8621" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_8622" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8623" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8624" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_8626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8625" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_8626" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8627" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_8628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8627" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_8628" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8629" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_8630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8629" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_8630" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_8632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8631" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_8632" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_8634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8633" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_8634" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8635" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_8636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8635" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_8636" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_8638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8637" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_8638" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_8640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8639" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_8640" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8641" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_8642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8641" xlink:to="Locator_mbi_ContributionsToSubsidiaries_8642" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8643" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8644" order="12.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_8645" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_8646" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8593" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8594" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_8648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8647" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_8648" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_8650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8649" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_8650" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_8652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8651" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_8652" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_8654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8653" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_8654" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_8656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8655" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_8656" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_8658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8657" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_8658" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_8660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8659" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_8660" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_8661" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_8662" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_8596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8595" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_8596" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8597" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_8598" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8599" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8600" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8601" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_8602" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8603" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8603" xlink:to="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8604" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_8664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_8663" xlink:to="Locator_us-gaap_NetIncomeLoss_8664" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8605" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8606" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8665" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_8666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8665" xlink:to="Locator_mbi_ChangeInAbstract_8666" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_8687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_8688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_8687" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_8688" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_8689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_8690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_8689" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_8690" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8667" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_8668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8667" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_8668" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8669" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8670" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8671" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_8672" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8671" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_8672" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8673" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8673" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_8674" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8675" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_8676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8675" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_8676" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_8678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8677" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_8678" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8679" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_8680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8679" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_8680" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_8682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8681" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_8682" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8683" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_8684" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_8685" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_8686" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_8863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementTable_8863" xlink:to="Locator_dei_LegalEntityAxis_8864" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_8933" xlink:to="Locator_us-gaap_StatementLineItems_8934" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8869" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_8870" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8869" xlink:to="Locator_mbi_LiquidAssets_8870" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8872" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8871" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8872" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_8874" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8873" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_8874" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="Locator_us-gaap_ShortTermInvestments_8876" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8875" xlink:to="Locator_us-gaap_ShortTermInvestments_8876" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_8878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8877" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_8878" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_8879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_8879" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_8880" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="Locator_us-gaap_DerivativeByNatureAxis_8936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_8935" xlink:to="Locator_us-gaap_DerivativeByNatureAxis_8936" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="Locator_us-gaap_DerivativeByNatureAxis_8963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeByNatureAxis_8963" xlink:to="Locator_us-gaap_DerivativeNameDomain_8964" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_8966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeNameDomain_8965" xlink:to="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_8966" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="Locator_us-gaap_DerivativeNameDomain_8967" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="Locator_mbi_MbiaCorpSecuredLoanMember_8968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeNameDomain_8967" xlink:to="Locator_mbi_MbiaCorpSecuredLoanMember_8968" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_8938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_8937" xlink:to="Locator_us-gaap_ProductOrServiceAxis_8938" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_8959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_8960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductOrServiceAxis_8959" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_8960" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_8961" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_8962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_8961" xlink:to="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_8962" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_8939" xlink:to="Locator_dei_LegalEntityAxis_8940" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8941" xlink:to="Locator_dei_EntityDomain_8942" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8943" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_8944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8943" xlink:to="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_8944" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8945" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="Locator_mbi_TrifiniumHoldingsLimitedMember_8946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8945" xlink:to="Locator_mbi_TrifiniumHoldingsLimitedMember_8946" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8947" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="Locator_mbi_MbiaServicesCorporationMember_8948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8947" xlink:to="Locator_mbi_MbiaServicesCorporationMember_8948" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8949" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CapmacHoldingsMember" xlink:label="Locator_mbi_CapmacHoldingsMember_8950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8949" xlink:to="Locator_mbi_CapmacHoldingsMember_8950" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8951" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="Locator_mbi_MbiaAssetFinanceMember_8952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8951" xlink:to="Locator_mbi_MbiaAssetFinanceMember_8952" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8953" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="Locator_mbi_EuroAssetAcquisitionLimitedMember_8954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8953" xlink:to="Locator_mbi_EuroAssetAcquisitionLimitedMember_8954" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8955" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_8956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8955" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_8956" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8957" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_8958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8957" xlink:to="Locator_mbi_MbiaIncMember_8958" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_8884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_8883" xlink:to="Locator_us-gaap_StatementTable_8884" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_8970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8969" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_8970" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_8972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8971" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_8972" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ReinsurancePayable" xlink:label="Locator_us-gaap_ReinsurancePayable_8974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8973" xlink:to="Locator_us-gaap_ReinsurancePayable_8974" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8975" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8976" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived_8978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8977" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived_8978" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten_8980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8979" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten_8980" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract_8982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8981" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract_8982" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable_8984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8983" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable_8984" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments_8986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8985" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments_8986" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8987" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8988" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8989" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8990" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail">
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_8992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8991" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_8992" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_8994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8993" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_8994" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_8996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8995" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_8996" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_8998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8997" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_8998" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8999" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9000" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9001" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9002" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9003" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9004" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9005" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9006" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_9008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9007" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_9008" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_9010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9009" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_9010" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9011" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_9012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9011" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate_9012" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9013" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_9014" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_9163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_9163" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_9164" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9165" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MarchThirtyOneTwoThousandFifteenMember" xlink:label="Locator_mbi_MarchThirtyOneTwoThousandFifteenMember_9166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9165" xlink:to="Locator_mbi_MarchThirtyOneTwoThousandFifteenMember_9166" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9167" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_JuneThirtyTwoThousandFifeteenMember" xlink:label="Locator_mbi_JuneThirtyTwoThousandFifeteenMember_9168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9167" xlink:to="Locator_mbi_JuneThirtyTwoThousandFifeteenMember_9168" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9169" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SeptemberThirtyTwoThousandFifeteenMember" xlink:label="Locator_mbi_SeptemberThirtyTwoThousandFifeteenMember_9170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9169" xlink:to="Locator_mbi_SeptemberThirtyTwoThousandFifeteenMember_9170" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9171" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandFifeteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandFifeteenMember_9172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9171" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandFifeteenMember_9172" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9173" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSixteenrMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandSixteenrMember_9174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9173" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandSixteenrMember_9174" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9175" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_9176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9175" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_9176" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9177" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_9178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9177" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_9178" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9179" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember_9180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9179" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember_9180" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9181" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyFourMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyFourMember_9182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9181" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyFourMember_9182" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9183" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyNineMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineMember_9184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9183" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyNineMember_9184" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_9185" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember_9186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_9185" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember_9186" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_9065" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_9065" xlink:to="Locator_mbi_InsurancePremiumsTableTable_9066" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9157" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsTableTable_9157" xlink:to="Locator_mbi_InsurancePremiumsLineItems_9158" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_9038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9037" xlink:to="Locator_us-gaap_UnearnedPremiums_9038" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_9040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9039" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_9040" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_9042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9041" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_9042" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_9044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9043" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_9044" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_9046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9045" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_9046" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9047" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_9048" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9049" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_9050" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9051" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_9052" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9053" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_9054" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9055" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_9056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9055" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_9056" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9057" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_9058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9057" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_9058" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9059" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_9060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9059" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_9060" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_9061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_9061" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_9062" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsTableTable_9159" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9160" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_9187" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9188" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9189" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="Locator_mbi_UnearnedPremiumRevenueMember_9190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9189" xlink:to="Locator_mbi_UnearnedPremiumRevenueMember_9190" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9191" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UpfrontMember" xlink:label="Locator_mbi_UpfrontMember_9192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9191" xlink:to="Locator_mbi_UpfrontMember_9192" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9193" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InstallmentsMember" xlink:label="Locator_mbi_InstallmentsMember_9194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9193" xlink:to="Locator_mbi_InstallmentsMember_9194" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9195" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AccretionMember" xlink:label="Locator_mbi_AccretionMember_9196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_9195" xlink:to="Locator_mbi_AccretionMember_9196" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_9161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_9162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsTableTable_9161" xlink:to="Locator_us-gaap_StatementScenarioAxis_9162" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9333" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_9333" xlink:to="Locator_mbi_RangeDomain_9334" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_9336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_9335" xlink:to="Locator_us-gaap_MinimumMember_9336" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_9319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_9319" xlink:to="Locator_us-gaap_EquityComponentDomain_9320" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9321" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="Locator_mbi_MinimumSurplusAndContingencyReservesMember_9322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_9321" xlink:to="Locator_mbi_MinimumSurplusAndContingencyReservesMember_9322" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9323" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_9324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_9323" xlink:to="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_9324" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9325" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="Locator_mbi_PolicyholdersSurplusMember_9326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_9325" xlink:to="Locator_mbi_PolicyholdersSurplusMember_9326" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_9327" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_SurplusMember" xlink:label="Locator_mbi_SurplusMember_9328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_9327" xlink:to="Locator_mbi_SurplusMember_9328" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_9313" xlink:to="Locator_dei_EntityDomain_9314" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9315" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_9316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_9315" xlink:to="Locator_mbi_MbiaCorpMember_9316" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9317" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_9318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_9317" xlink:to="Locator_mbi_NationalMember_9318" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsAbstract" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_9233" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_9233" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsTable_9234" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9303" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9303" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9304" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9197" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="Locator_mbi_PercentageOfPolicyholdersSurplus_9198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9197" xlink:to="Locator_mbi_PercentageOfPolicyholdersSurplus_9198" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9199" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_9200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9199" xlink:to="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_9200" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_9202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9201" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_9202" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9203" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_9204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9203" xlink:to="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_9204" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9205" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_9206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9205" xlink:to="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_9206" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9207" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DividendPayingCapacity" xlink:label="Locator_mbi_DividendPayingCapacity_9208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9207" xlink:to="Locator_mbi_DividendPayingCapacity_9208" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9209" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_9210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9209" xlink:to="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_9210" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9211" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="Locator_mbi_InvestmentsInCertainQualifingAssets_9212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9211" xlink:to="Locator_mbi_InvestmentsInCertainQualifingAssets_9212" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9213" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="Locator_mbi_DeficitOfQualifyingAssets_9214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9213" xlink:to="Locator_mbi_DeficitOfQualifyingAssets_9214" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9215" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_9216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9215" xlink:to="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_9216" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9217" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="Locator_mbi_StatutorySurplusNegativeImpact_9218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9217" xlink:to="Locator_mbi_StatutorySurplusNegativeImpact_9218" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9219" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_9220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9219" xlink:to="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_9220" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9221" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_9222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9221" xlink:to="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_9222" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9223" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="Locator_mbi_StatutoryAccountingPracticesCapital_9224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9223" xlink:to="Locator_mbi_StatutoryAccountingPracticesCapital_9224" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9225" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesSurplus_9226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9225" xlink:to="Locator_mbi_StatutoryAccountingPracticesSurplus_9226" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9227" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_9228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9227" xlink:to="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_9228" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount" xlink:label="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_9230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_9229" xlink:to="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_9230" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9305" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9306" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_9329" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9330" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9331" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OptionTwoMember" xlink:label="Locator_mbi_OptionTwoMember_9332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_9331" xlink:to="Locator_mbi_OptionTwoMember_9332" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9307" xlink:to="Locator_dei_LegalEntityAxis_9308" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_9310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9309" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_9310" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_9311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_9311" xlink:to="Locator_us-gaap_RangeAxis_9312" order="4.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9399" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_9399" xlink:to="Locator_mbi_RangeDomain_9400" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_RangeDomain" xlink:label="Locator_mbi_RangeDomain_9401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_9402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_RangeDomain_9401" xlink:to="Locator_us-gaap_MaximumMember_9402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPensionMember" xlink:label="Locator_us-gaap_DefinedContributionPensionMember_9406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9405" xlink:to="Locator_us-gaap_DefinedContributionPensionMember_9406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9407" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="Locator_mbi_QualifiedProfitSharingMember_9408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9407" xlink:to="Locator_mbi_QualifiedProfitSharingMember_9408" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9409" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedPensionMember" xlink:label="Locator_mbi_NonqualifiedPensionMember_9410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9409" xlink:to="Locator_mbi_NonqualifiedPensionMember_9410" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9411" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="Locator_mbi_NonqualifiedProfitSharingMember_9412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TypeOfDeferredCompensationDomain_9411" xlink:to="Locator_mbi_NonqualifiedProfitSharingMember_9412" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract" xlink:label="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_9355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_9355" xlink:to="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9356" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9393" xlink:to="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9394" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_9338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9337" xlink:to="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_9338" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9339" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_9340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9339" xlink:to="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_9340" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9341" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_9342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9341" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_9342" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9343" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_9344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9343" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_9344" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9345" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_9346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9345" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_9346" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9347" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_9348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9347" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_9348" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PensionExpense" xlink:label="Locator_us-gaap_PensionExpense_9350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9349" xlink:to="Locator_us-gaap_PensionExpense_9350" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_9352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_9351" xlink:to="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_9352" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9395" xlink:to="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9396" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_TypeOfDeferredCompensationDomain_9404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_9403" xlink:to="Locator_us-gaap_TypeOfDeferredCompensationDomain_9404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_9398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_9397" xlink:to="Locator_us-gaap_RangeAxis_9398" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_9413" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="Locator_mbi_PercentageOfVotingInterestsOfCompany_9414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_9413" xlink:to="Locator_mbi_PercentageOfVotingInterestsOfCompany_9414" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_9415" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfSuretyBonds" xlink:label="Locator_mbi_NumberOfSuretyBonds_9416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_9415" xlink:to="Locator_mbi_NumberOfSuretyBonds_9416" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_9417" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="Locator_mbi_OutstandingExposureOnSuretyBonds_9418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_9417" xlink:to="Locator_mbi_OutstandingExposureOnSuretyBonds_9418" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_9419" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="Locator_mbi_LoansToExecutiveOfficersOrDirectors_9420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_9419" xlink:to="Locator_mbi_LoansToExecutiveOfficersOrDirectors_9420" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_9559" xlink:to="Locator_dei_EntityDomain_9560" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9561" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InsuranceCorporationMember" xlink:label="Locator_mbi_InsuranceCorporationMember_9562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_9561" xlink:to="Locator_mbi_InsuranceCorporationMember_9562" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9563" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_9564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_9563" xlink:to="Locator_mbi_BlueRidgeMember_9564" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_9565" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarburgPincusMember" xlink:label="Locator_mbi_WarburgPincusMember_9566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_9565" xlink:to="Locator_mbi_WarburgPincusMember_9566" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_9577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AwardTypeAxis_9577" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9578" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9579" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="Locator_mbi_LongTermIncentivePlanMember_9580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_9579" xlink:to="Locator_mbi_LongTermIncentivePlanMember_9580" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="Locator_us-gaap_StockholdersEquityNoteAbstract_9463" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityNoteAbstract_9463" xlink:to="Locator_mbi_CommonAndPreferredStockTable_9464" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9549" xlink:to="Locator_us-gaap_ClassOfStockLineItems_9550" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_9422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9421" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_9422" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_9424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9423" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights_9424" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9425" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_9426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9425" xlink:to="Locator_mbi_WarrantTerm_9426" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantsAndRightsOutstanding" xlink:label="Locator_us-gaap_WarrantsAndRightsOutstanding_9428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9427" xlink:to="Locator_us-gaap_WarrantsAndRightsOutstanding_9428" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount" xlink:label="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount_9430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9429" xlink:to="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount_9430" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_9432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9431" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_9432" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_9434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9433" xlink:to="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_9434" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_9436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9435" xlink:to="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_9436" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount" xlink:label="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount_9438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9437" xlink:to="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount_9438" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_9440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9439" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_9440" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodShares_9442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9441" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodShares_9442" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodValue_9444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9443" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodValue_9444" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_9446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9445" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_9446" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="Locator_us-gaap_PreferredStockValueOutstanding_9448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9447" xlink:to="Locator_us-gaap_PreferredStockValueOutstanding_9448" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9449" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_9450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9449" xlink:to="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_9450" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_9452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9451" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_9452" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="Locator_us-gaap_PreferredStockLiquidationPreference_9454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9453" xlink:to="Locator_us-gaap_PreferredStockLiquidationPreference_9454" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_9456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9455" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_9456" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9457" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_9458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9457" xlink:to="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_9458" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_9459" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_NumberOfDirectors" xlink:label="Locator_mbi_NumberOfDirectors_9460" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_9459" xlink:to="Locator_mbi_NumberOfDirectors_9460" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_9552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9551" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightAxis_9552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_9567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightAxis_9567" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightDomain_9568" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_9570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9569" xlink:to="Locator_us-gaap_WarrantMember_9570" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9571" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBWarrantsMember" xlink:label="Locator_mbi_ClassBWarrantsMember_9572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9571" xlink:to="Locator_mbi_ClassBWarrantsMember_9572" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9573" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="Locator_mbi_ClassBTwoWarrantsMember_9574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9573" xlink:to="Locator_mbi_ClassBTwoWarrantsMember_9574" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_9575" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_GrossupWarrantMember" xlink:label="Locator_mbi_GrossupWarrantMember_9576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_9575" xlink:to="Locator_mbi_GrossupWarrantMember_9576" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_9554" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9553" xlink:to="Locator_us-gaap_AwardTypeAxis_9554" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_9556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9555" xlink:to="Locator_us-gaap_StatementClassOfStockAxis_9556" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_9581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementClassOfStockAxis_9581" xlink:to="Locator_us-gaap_ClassOfStockDomain_9582" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_9584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_9583" xlink:to="Locator_us-gaap_PreferredStockMember_9584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9585" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_9586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_9585" xlink:to="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_9586" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9587" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_9588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_9587" xlink:to="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_9588" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_9589" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="Locator_mbi_UnaffiliatedInvestorsMember_9590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_9589" xlink:to="Locator_mbi_UnaffiliatedInvestorsMember_9590" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_9557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2013/dei-2013-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_9558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_9557" xlink:to="Locator_dei_LegalEntityAxis_9558" order="4.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_9591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_9591" xlink:to="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9592" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9627" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9628" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssetsHeldForSaleCurrent" xlink:label="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_9594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9593" xlink:to="Locator_us-gaap_OtherAssetsHeldForSaleCurrent_9594" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesOfAssetsHeldForSale" xlink:label="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_9596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_9595" xlink:to="Locator_us-gaap_LiabilitiesOfAssetsHeldForSale_9596" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_9629" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9630" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_9631" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9632" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9633" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="Locator_mbi_InvestmentsAtFairValueMember_9634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9633" xlink:to="Locator_mbi_InvestmentsAtFairValueMember_9634" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_9636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9635" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_9636" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9637" />
        <loc xlink:type="locator" xlink:href="mbi-20141231.xsd#mbi_FacilityMember" xlink:label="Locator_mbi_FacilityMember_9638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9637" xlink:to="Locator_mbi_FacilityMember_9638" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="Locator_us-gaap_OtherCurrentAssetsMember_9640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9639" xlink:to="Locator_us-gaap_OtherCurrentAssetsMember_9640" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashMember" xlink:label="Locator_us-gaap_CashMember_9642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9641" xlink:to="Locator_us-gaap_CashMember_9642" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_9644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9643" xlink:to="Locator_us-gaap_LoansReceivableMember_9644" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_9646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9645" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_9646" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesPayableOtherPayablesMember" xlink:label="Locator_us-gaap_NotesPayableOtherPayablesMember_9648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9647" xlink:to="Locator_us-gaap_NotesPayableOtherPayablesMember_9648" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansPayableMember" xlink:label="Locator_us-gaap_LoansPayableMember_9650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_9649" xlink:to="Locator_us-gaap_LoansPayableMember_9650" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>g868514g12i59.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g868514g12i59.jpg
M_]C_X``02D9)1@`!`0(!>@%Z``#_X5M*:'1T<#HO+VYS+F%D;V)E+F-O;2]X
M87`O,2XP+P`\/WAP86-K970@8F5G:6X](N^[OR(@:60](E<U33!-<$-E:&E(
M>G)E4WI.5&-Z:V,Y9"(_/CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z
M;65T82\B('@Z>&UP=&L](D%D;V)E(%A-4"!#;W)E(#4N,RUC,#$Q(#8V+C$T
M-38V,2P@,C`Q,B\P,B\P-BTQ-#HU-CHR-R`@("`@("`@(CX*("`@/')D9CI2
M1$8@>&UL;G,Z<F1F/2)H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+S`R+S(R+7)D
M9BUS>6YT87@M;G,C(CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O
M=70](B(*("`@("`@("`@("`@>&UL;G,Z<&1F/2)H='1P.B\O;G,N861O8F4N
M8V]M+W!D9B\Q+C,O(CX*("`@("`@("`@/'!D9CI0<F]D=6-E<CY!9&]B92!0
M1$8@;&EB<F%R>2`Q,"XP,3PO<&1F.E!R;V1U8V5R/@H@("`@("`\+W)D9CI$
M97-C<FEP=&EO;CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70]
M(B(*("`@("`@("`@("`@>&UL;G,Z>&UP/2)H='1P.B\O;G,N861O8F4N8V]M
M+WAA<"\Q+C`O(@H@("`@("`@("`@("!X;6QN<SIX;7!'26UG/2)H='1P.B\O
M;G,N861O8F4N8V]M+WAA<"\Q+C`O9R]I;6<O(CX*("`@("`@("`@/'AM<#I#
M<F5A=&]R5&]O;#Y!9&]B92!);&QU<W1R871O<B!#4S8@*%=I;F1O=W,I/"]X
M;7`Z0W)E871O<E1O;VP^"B`@("`@("`@(#QX;7`Z36]D:69Y1&%T93XR,#$U
M+3`R+3(Q5#`X.C4W.C,V*S`U.C,P/"]X;7`Z36]D:69Y1&%T93X*("`@("`@
M("`@/'AM<#I#<F5A=&5$871E/C(P,34M,#(M,C%4,#@Z-3<Z,S8K,#4Z,S`\
M+WAM<#I#<F5A=&5$871E/@H@("`@("`@("`\>&UP.DUE=&%D871A1&%T93XR
M,#$U+3`R+3(Q5#`X.C4W.C,V*S`U.C,P/"]X;7`Z365T861A=&%$871E/@H@
M("`@("`@("`\>&UP.E1H=6UB;F%I;',^"B`@("`@("`@("`@(#QR9&8Z06QT
M/@H@("`@("`@("`@("`@("`\<F1F.FQI(')D9CIP87)S951Y<&4](E)E<V]U
M<F-E(CX*("`@("`@("`@("`@("`@("`@/'AM<$=);6<Z=VED=&@^,C4V/"]X
M;7!'26UG.G=I9'1H/@H@("`@("`@("`@("`@("`@("`\>&UP1TEM9SIH96EG
M:'0^,30T/"]X;7!'26UG.FAE:6=H=#X*("`@("`@("`@("`@("`@("`@/'AM
M<$=);6<Z9F]R;6%T/DI014<\+WAM<$=);6<Z9F]R;6%T/@H@("`@("`@("`@
M("`@("`@("`\>&UP1TEM9SII;6%G93XO.6HO-$%!45-K6DI29T%"06=%05-!
M0DE!040O-U%!<U5':'9D1SEZ84<Y=TE$375-04$T46ML3D$K,$%!04%!04)!
M05-!04%!045!)B-X03M!44))04%!04%104(O*S1!1&M&:V(R2FQ!1U1!04%!
M04%F+V)!25%!0F=114)!545"9U5&0F=K1T)164I#=V='0F=G3$1!;TM#=V]+
M)B-X03M$0D%-1$%W341!=U%$031014$X3T1"351&0E%417AW8D=X<V-(>#AF
M2'@X9DAX.&9(=T5(0G=C3D1!,%E%0D%91VA54D92;V9(>#AF)B-X03M(>#AF
M2'@X9DAX.&9(>#AF2'@X9DAX.&9(>#AF2'@X9DAX.&9(>#AF2'@X9DAX.&9(
M>#AF2'@X9DAX.&8O.$%!15%G06M!14%!=T52)B-X03M!04E205%-4D%F+T5!
M84E!04%!2$%114)!445!04%!04%!04%!05%&07=)1T%104A#06M+0W=%04%G
M241!445"05%%04%!04%!04%!)B-X03M!44%#07=11D)G8TE#46],14%!0T%1
M341!9U%#0F=C1$)!24=!;DU"06=-4D)!049)4DEX459%1T4R16EC645537!'
M:$)X5WA1:5!")B-X03M5=$AH37A::3A#4GEG=D5L47I25&MQ2WE9,U!#3E51
M;FLV3WI.:&156DA41#!U24E*;TU*0VAG6FA*4D92<5,P5G1.5DM"<GDT+U!%
M)B-X03LQ3U0P6EA71FQA5S%X9%AL.5=:,FAP86UT<V)7-799,U(Q9&YD-&58
M<#=F2#$K9C-/16A984AI26U+:31Y3FIO*T-K-5-6;'!E66U:)B-X03MQ8FY*
M,F5N-4MJ<$M7;7`V:7!Q<75S<F$V=F]204%)0T%1241"455%0E%914-!341B
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M359D*VI.3B\U6DEF*U)A+S!X5C,V33`S+VQK:"]W0U)A+S!X)B-X03M6,S9-
M,#,O;&MH+S5&<B]41EAF;WI49BM74T@O04I&<B]41EAF;WI49BM74T@O:U=V
M.4U69"MJ3DXO-5I)9CA!:U=V.4U69"MJ3DXO)B-X03LU6DEF*U)A+S!X5C,V
M33`S+VQK:"]W0U)A+S!X5C,V33`S+VQK:"\U1G(O5$989F]Z5&8K5U-(+T%*
M1G(O5$973BMB4$UE:BM7-W)4)B-X03MB96)Y+V-8=S%365<Q=E!A4E=F<&E9
M;SAN0GI03D%2.$543E=L2T1R6$95;'90>F4O2VDR83(K2G!O<FU4,'I,1G`X
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M)B-X03M)=%E14D1*42MM=CAP.7-64D]M9CAC,C`O=T--368X07A%67%I8U9D
M:7)S5F1I<G-69&ER<U9D:7%395EF3W9L:GDW9%=L<G)6.'1N)B-X03M.9E)8
M53EQ1U-29S!D:D8V,7=X6D9:5C12-R]%4EAO2VY&56E(-3(O;&E3,4Y94$9)
M4F-S+W="579/2'!T8B]7>#AF;SAE6&]F2'=R)B-X03MY.7%J1E=1-F8U=#AU
M-FIC871B,E8V<S`R:%-E:G%Q0EA(;W5&3%5*24%B64@W3F5H2%A&5D-Z."]E
M4V)Y,"MT=V$W62MI3&%/.6LY)B-X03M394]*-#=A5E9D2EI9-4-R>$M2278R
M=T]O>%95,6AV2U8W0G!6.7%L>&%V8E(S0S-7:UA%:S9P13@U9VQ#=$<S2E5L
M<D$X:$$S1DMT)B-X03LR<FER17)$.'9V>50Q<%ID3S`Y3%!56'0R:75(:71T
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M22]7:3E22D-R)B-X03MX;#0O:4-U06%9<6I$-7`X<V@R439V6D(Q2$IL*W-2
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M.5=T-W1.670Y4W5T2W-P171B>2MM='`T-U-+)B-X03LQ=D=E5B]R2V]Q4GER
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M<68O04)Z8G8O:D1*+WA%-'$W5%`K3V)A9CA!1T=0+T%):4U64D]+<U=I+TY$
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M0S8O3&)Y:%`U8W1V3&E7161V;SET8S(Y-&)31T]*635:3&52)B-X03M:2U1)
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M)B-X03LK=F)O<VIW>$Q&8G,X56-#4DXV25%-=G<W;C=826)9<7I(>5HU4C`O
M>6QO35=H-F).4$Y9,C=Y3D(Y6EI(9$))>&1L1$EK9%)Y66XT)B-X03MQ;F9R
M:7%E67$W1EA9<3=&6%EQ-T9867$W1EA9<3=&54YQ9B]!0GIB=B]J1$HO>$4T
M<3=44"M/8F%F.$%'1U`O04EI35923TMS268X)B-X03ML+WDT:VIU,&TP=#5L
M=EI*6F)J;F0S6G$P-TEZ.&%3:FA8,%5(=S`R541&5U)A2C57,$11-T=7=S!Y
M,$5&;DY*-G)W37IY<E5+<4%!)B-X03M332]&5E-.5E9".$MG54%'2W%M;39B
M<'IA9&%S,7)#4UE9>5-9,7%4>$AT:7%)+U)M;2\X<VM0+T%#3%@K;4MU+U)M
M;2]W1$Q*1"]Y)B-X03M,6"MM2W4O4FUM+SAS:U`O04-,6"MM2W4O4FUM+W=$
M3$I$+WE,6"MM2W4O4FUM+SAS:U`O04-,6"MM2W4O4FUM+W=$3$I$+WE,6"MM
M)B-X03M+=2]2;6TO.'-K4"]!0TQ8*VU+=2]2;6TO=T1,2D0O>4Q8*VU+=2]2
M;6TO.'-K4"]!0TQ8*VU+=2]2;6TO=T1,2D0O>4Q8*VU+=2]2)B-X03MM;2\X
M<VM0+T%#3%@K;4MU+U)M;2]W1$Q*1"]Y3%@K;4MU+U)M;2\X<VM0+T%#3%@K
M;4MU+U)M;2]W1$Q*1"]Y3%@K;4MU+U)M;2\X)B-X03MS:U`O04-,6"MM2W4O
M4FUM+W=$3$I$+WE,6"MM2W4O4FUM+SAS:U`O04-,6"MM2W4O4FUM+W=$3$I$
M+WE,6"MM2W4O4FUM+SAS:U`O)B-X03M!0TQ8*VU+=2]2;6TO=T1,2D0O>4Q8
M*VU+=2]2;6TO.'-K4"]!0TQ8*VU+=2]2;6TO=T1,2D0O>4Q8*VU+=2]2;6TO
M.'-K4"]!0TQ8)B-X03LK;4MU+U)M;2]W1$Q*1"]Y3%@K;4MR8D-/3TM3-VIJ
M54I'<W<T;V]!07)&1V1G359294MO8E4O*T]B9"\X65I0*TEN1EAA6B]X>F)4
M)B-X03LO:D1(+W=!4D=+;VY&6&M6<C5)+T]H6DQW>F$O1SA4,T5R46\Q.6-"
M;6=A84YW;DI,96M26E9C8VQ"2V=Q130O15=+<S@X;S98-6\P)B-X03LK=W99
M=&)V,'9,=5<V85,R;3502W%X1T].9'=Y=SAE56EU+W!J6D]8145G1$%Q4#`R
M4%5F,&1A,&YH03E'3V=-3&9Y:B]I,T955#9E)B-X03MP9C<O04EF*U),9CE6
M8U9D-F5P9C<O:"\U170O,59X5C-P-FPO=CA!:"\U170O,59X5DIF375V-FIP
M155%3G0V5CER1BLO;S9B<'EX)B-X03MS<E-V*S`W=#9H-%)2:C1P2&]E23A4
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M+W8K2"]K4S,O5EA&5U`V=C5U)B-X03ME,'9','94>75S831!0S)M5U5*6F]W
M,U)R:5)P;&EG6#-K644O<VAS5E5$<68U;C)C87I8;6M71CE',WA34F%:37AN
M:CA60UA2=&\U)B-X03MA9GIE;W1F-6-65F),>C%P9'AC2F%83B](<&0K-6]T
M:G%D<DQ:4W-F0U`Q<$576"]!2C5S=WA6:UAP-FPO=CA!:"\U170O,59X5C-P
M)B-X03LV;"]V*T@O:U,S+U981EAE;G%8*R]W0T@O:U,S+U981E9U;FE54UAG
M;%I79C%H5FQ5<5`W;5!S4S,V.%9294MO8E4O*T]B9"\X65I0)B-X03LK26Y&
M6&%:+WAZ8E0O:D1(+W=!4D=+;VY&6&IV+U%X*VMC.5)J3VY2>%,V8SAI4W),
M9'(X25-:26A*24EO<%A#05-";C1+-T1O<792)B-X03MU2E9N,VMV>G)B*V%.
M2G5D4FIT;G1L=')G,C=2,4UR5CE+3UAC2V]:6%@Q94QO5G%R06IT6$%Q6F%B
M9G=$5')58UIT;UDK:T5X+UI()B-X03LK4FEQ2B]314@X:S,O26EB+VUJ1EAF
M<$-$*U-B+VM23B]W03!9<6QN;41Z9G`R:3)A>E-26$9X9%A$:4-W<UDT6D),
M8WIT6&I&2'E6)B-X03M26&%P2DY&04I/=WA60F579%!K=%I:=%HQ;W9C95DW
M.4%T,4I(1$]964E62EI,5S-Q9TEJ46YC.5AB-&HR059:0BMK25`U2G8K4D4S
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M25`U2G8K4D4S+T%$4FER=C!H)B-X03M"+TI.+W=!:4IV.$%M:D989G!#1"M3
M8B]!2D549C@P67$W.4E19GE49CAI2G8K84U64W979D]M:&%3,&-.>3`W,S%W
M1#E5,"M',VUK)B-X03MU6G%F-S=I0SAI4$9V<VIU4FEQ5&8X-U`U:3,Q4C=J
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M<D<W4E-'3F<T5U)$4FM016UJ2V5O>%94,'HO:FTR;B]'1U`X031I35923TMO
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M<UHT<$A#<6=M<DAU5&EQ2S`R)B-X03MW9T]N5W`U5&)W>#E*-6@K>5`X04QX
M5F)Q<W5K859P.#)O86AC>3(Y<&)R>6MK865F>&]!04=*6FU*;W%J8VY967%K
M3V<K6$QR5G(Y)B-X03M036YM0T]A0U)19C!,;SAK,&A.;$<Q4C9S:#5(+U-:
M5E!X52MW=G=$.6]S<7EN.4AW9GIZ9CAJ-78K83A69"MJ-%`U-78K4C@S+TYE
M)B-X03M+=2]2.$@X.#,O22MB+VUV1EAF;RM$*V5B+VMF3B]Z6&ER=C!F0B]0
M3B]Y4&TO-7)X5C,V4&<O;FTO-4AZ9CA!3F5+=2]2.$@X.#,O)B-X03M!0U!M
M+W=#83A69"MJ-%`U-78X06MF3B]Z6&ER=C!F0B]03B]Y4&TO-7)X5C,V4&<O
M;FTO-4AZ9C@Q-'$W.4AW9GIZ9CAJ-78K83A6)B-X03M13W)E53E",6%*2712
M=#)U4D4S3T9N;6TU>'8O041X3TA$>'0O;$M18U9196TK461#<S<P86A+.3-Q
M3W!)0VM.+V9837,X,%5:+S-8)B-X03M%>%EC1B\Q4E4O=$5N1E4V+U(X2#@X
M,R]!0U!M+W=#83A69"MJ-%`U-78X06MF3B]Z6&ER:EE7-$)*95E!9%0V.#,O
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M9'!N+TA.=%`K34UF+T52:7%*>%8U6$AE9FYM,FMA9WHR;DLW4S1U:W1)-'I9
M=WI34D-E,3E&;VYK86%&4#-4)B-X03M82W`V:5`X05I$3EA91E9M2&MU6'IQ
M,FLS2CAZ=V]M<$,T270P-5)"5$8V569+:E%C>'<Y6#%/0EI1,T=N24$T<6I)
M9%%M<W1$:G4W)B-X03MS5S!&<&(R>7E45'EZ<VE):6]#5UEM3V=!1TMP0G!6
M=G)8;6DO='9-3W`R87<V5&)%4S9&<$4W=6IE;T-A6#%W<&HK,E(O9$EW*T%F
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M049/*U`Y-'9Q9D\V;$$K-4DQ1TMT<EEU<'(Y471I9D9P1UDO)B-X03ME,%)X
M5D5+8CE"4DQA0E(T0U9H+WI+>%9V,4Y3+W=".%$O.$%)-78K<5=+=3E4578Y
M.%$O.&IM+S9P67%T,#AY;5,X37%Q<BMS2W%R)B-X03M&:"]C>#EY1B]6:7%,
M>%9$86XO>'IB=B]!27=Y9CA23TMU,'HO:FTR;B]'1U`O:4EX5D4T<7=E,B]/
M1'EP8W=44U%X,VI01$Y,8F5I)B-X03M92T\P:TTP15!%5EE+0S=8:UI537=0
M13%.0FEQ9C9"-7,P9EA,2S5V8E(R:G1R5U@P<$I*=TEW87AP2VII<"MW.&-Q
M<TLK3D-!45)I)B-X03MR16].471.96YT6DY:8S)V;'I49E1.;G`X:70V;#=D
M445F-E)-9T)):&ID87A)9G1(-#(R-#166F-03C)G341W=4=C:F]&:6PS*VMQ
M)B-X03M"*T]#;%5*4$]69VIC5G1R;51F-U-I240U+T9)=4=L9"]I<WE#<T9K
M465G13@Y=DAV+W-8;#)X<%9)*UI.84Q55WAS5D933U0V9W5W)B-X03LW1V=I
M4#-6>%93;#AW*UI%4'=7*VY/4$@V-50X3TIX5E,O>$HU:$HK339B0B]K.'`U
M=GA24BMR1D-Q;75A*R]3-3!O9C8S,6AF,3!X)B-X03M65B]34&U.=BM0.$$P
M95`S+V5Y5B]W0U-K9$U5=2MV95EV.$%Q-C90+W=!:35F.$%S;WA6,W)A.4HO
M96599$YH2&A"8F(O.$%"4UA,)B-X03MG+SA!031Q,#%V2WEK,TAM>6-J=6QU
M=&Q'4$@O04AZ22]W0GI9<6AZ839#5W!.<2MP6%1D=TQY-&A(,W=T04U682]1
M,VQ&+W1736,T)B-X03LX8GDW16\X4#DR4U1(1D-*=#E-.'511696<E!2<E-N
M5#`P:6%N9CA!6D572U5W4U=Z-&A',4]*54A33T9O;VPO-#)B.&-#<C%B44%E
M)B-X03M45%%33B].3$M*1#DW;'-64DDQ3%1!2T,V:$%(44-24#8T<3<Y2C9B
M+W=!=&-0.$%Y35@K=4MU+U-E;2\X=&-0+TEX9C8T<3<Y2C9B)B-X03LO=T%T
M8U`X07E-6"MU2W4O4V5M+SAT8U`O27AF-C1Q-SE*-F(O=T%T8U`X07E-6"MU
M2W4O4V5M+SAT8U`O27AF-C1Q-SE*-F(O=T%T)B-X03MC4#A!>4U8*W5+<F10
M;&EL:W9(:61:14UW;WEK16)1>#EX:7%,>%9$86XO>'IB=B]!27=Y9CA23TMU
M,'HO:FTR;B]'1U`O:4EX5D4T)B-X03MQ:S9E5%!+0U<P,7-U:5=0,64U95-7
M-&A.=$55:V5::V%6;55R46QZ16A0*W%V9TU64CEJ<&UN865K<5=&<D1A2DY)
M,#AY=U)R1TAL)B-X03MF-V-J0D%+<S%.,D\U>%8R;68X04A.=%`K34UF+T52
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M13A26$95>3`R,6Y/;E=P*W541#EZ2'-"1"]!0VHO04ER>%9%+U9*+SA!;'1M
M*S9(+W%N:7)V)B-X03MQ:R\O04,R>F9D1"]!3E4X5F0Y56XO-6):=G5H+W=#
M<65+=2MQ5"\X=',S,U$O.$%64$989E9*+RM7,F(W;V8K<65+=2MQ5"]!4$QB
M)B-X03M..3!0+U901EAF5DHO=T1L=&TK-D@O<6YI<G9Q:R\X07DR>F9D1"\Q
M5'A6,S%39B]!2F):=G5H+S9P-'$W-G!0+W=!=',S,U$O=T16)B-X03M01EAF
M5DHO*U<R8C=O9CA!<6YI<G9Q:R\O3&)..3!0+T%&5'A6,S%39B]L=&TK-D@O
M<6YI<G9Q:R]W1'DR>F9D1"\Q5'A6,S%39CA!)B-X03LU8EIV=6@O-G`T<3<V
M<%`O04UT<S,S42\Y53A69#E5;B]W0U<R8C=O9BMQ94MU*W%4+SA!3&)..3!0
M.$$Q5'A6,S%39B]L=&TK-D@O)B-X03M!2W`T<3<V<%`O>3)Z9F1$+W="53A6
M9#E5;B\U8EIV=6@O-G`T<3<V<%`X03AT<S,S42\Y53A69#E5;B]!3U<R8C=O
M9BMQ94MU*W%4)B-X03LO=T1,8DXY,%`O5E!&5G5N;WE36&ET23!H17<K3G5)
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M<G1-+S0U='`O>&AJ+S1I35923TMU>%9G=FY8>3<K66UP87DP+VPO5DDW1%0O
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M0TE"2$1.,6]2>C5!<%AK;TI&3597-D(U9CA!3S%P8U=%;7`V,&)Y3T=21W9)
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M6'!72V]B52\X06IM,V8O1T=4)B-X03LO:4IX5C)M9CAC,C`O=T--368X07A%
M67%I8U9D:7)S5E5*3"MX:6-X>5A%4U-,.7!'9%%2558S0E!H:7$S.4HV8B]Y
M,7<O.$%)>&8V)B-X03LT<3<Y2C9B+T%-=&-0+TEX9C8T<3<Y2C9B+WDQ=R\X
M04EX9C8T<3<Y2C9B+T%-=&-0+TEX9C8T<3<Y2C9B+WDQ=R\X04EX9C8T<3<Y
M)B-X03M*-F(O04UT8U`O27AF-C1Q-SE*-F(O>3%W+SA!27AF-C1Q-SE*-F(O
M04UT8U`O27AF-C1Q-SE*-F(O>3%W+SA!27AF-C1Q-SE*-F(O)B-X03M!371C
M4"])>&8V-'$W.4HV8B]Y,7<O.$%)>&8V-'$W.4HV8B]!371C4"])>&8V-'$W
M.4HV8B]Y,7<O.$%)>&8V-'$W.4HV8B]!371C)B-X03M0+TEX9C8T<3<Y2C9B
M+WDQ=R\X04EX9C8T<3<Y2C9B+T%-=&-0+TEX9C8T<3<Y2C9B+WDQ=R\X04EX
M9C8T<3<Y2C9B+T%-=&-0+TEX)B-X03MF-C1Q-SE*-F(O>3%W+SA!27AF-C1Q
M-SE*-F(O04UT8U`O27AF-C1Q-SE*-F(O>3%W+SA!27AF-C1Q-SE*-F(O04UT
M8U`O27AF-C1Q)B-X03LW.4HV8B]Y,7<O.$%)>&8V-'$W.4HV8B]!371C4"])
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M5'`U-V=/,54O4G0S84%R1DER>4)F5VUA=&):6#1&:79+47%O0DDT<W%Y,UA0
M4#-M-U,Y8C%+,6<X<E0V;'!L)B-X03MU,7-,3SEI5S=6;2MS4D(R-4I(8EA(
M3DDR5BMB<'5V=W)W<G9I<4HQ=GIH-6US.5-H3FQP371X<#<R559Y241:,VI3
M4U-30U5Y23`X)B-X03MA=4QF,$]%6EI':&52*U9%5V]P:7%52#@P4%!P94U,
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M;U<Q=$Q,6G=3:C%&:VQ60U55<$%Z>4U/4491;S5(.6UP>%8U:G`S-6IF;D9F
M=F-78V9L:&]R,S%54WEU2G1.)B-X03MU;V)::T%L36IY;6$U:4-!;C!U4'@Q
M035':&)J2&EQ92M94$\S-6AA5'%M;T<R.'1Y87)P:T8U1F)78V-517%.2D<Q
M<C9S:V=N:FMU)B-X03MN8FI+94Y487%N-TE9=#!6558O3EAZ938S16<X:5@V
M47=Z1T)42CEB1'-F5F15;$5A5V)S6794:C5S>3AI2V=!3E=U2V]442]Z6C@K
M)B-X03LS=7(V5EI8;FM7+W193'`W84,K=4=H=3!32G)L26UA9FTP2$95:%IN
M4FM9.7$X;'A6139L*UI0;C9Z;&$S:CAN6$9Y5'%,5VM.,49()B-X03MD37)7
M-E1$;$LP46A)44=&9T5C>3A'87)(:4)1<7`Q*U@O;G)Z1#5M;G4T.5<X<EAF
M;'=7.%5-:UIU+UAR23!P8TUG3#(X369W0E%4)B-X03MX9'9T0V]"<4%Q>7)4
M4#A!:FTR;B]'1U`O:4EX5D4T<6AT5"]!3T]B9"\X04='5"]!26EC5E$R;39L
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M5&IP,3!"9%%K;4=39SE29C54-S1Q+R]:/"]X;7!'26UG.FEM86=E/@H@("`@
M("`@("`@("`@("`\+W)D9CIL:3X*("`@("`@("`@("`@/"]R9&8Z06QT/@H@
M("`@("`@("`\+WAM<#I4:'5M8FYA:6QS/@H@("`@("`\+W)D9CI$97-C<FEP
M=&EO;CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*("`@
M("`@("`@("`@>&UL;G,Z9&,](FAT='`Z+R]P=7)L+F]R9R]D8R]E;&5M96YT
M<R\Q+C$O(CX*("`@("`@("`@/&1C.F9O<FUA=#YA<'!L:6-A=&EO;B]P;W-T
M<V-R:7!T/"]D8SIF;W)M870^"B`@("`@("`@(#QD8SIT:71L93X*("`@("`@
M("`@("`@/')D9CI!;'0^"B`@("`@("`@("`@("`@(#QR9&8Z;&D@>&UL.FQA
M;F<](G@M9&5F875L="(^9S$R:34Y/"]R9&8Z;&D^"B`@("`@("`@("`@(#PO
M<F1F.D%L=#X*("`@("`@("`@/"]D8SIT:71L93X*("`@("`@("`@/&1C.F-R
M96%T;W(^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\
M<F1F.FQI/FIH96UA9V%R86X\+W)D9CIL:3X*("`@("`@("`@("`@/"]R9&8Z
M4V5Q/@H@("`@("`@("`\+V1C.F-R96%T;W(^"B`@("`@(#PO<F1F.D1E<V-R
M:7!T:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@
M("`@("`@("`@("!X;6QN<SIX;7!44&<](FAT='`Z+R]N<RYA9&]B92YC;VTO
M>&%P+S$N,"]T+W!G+R(*("`@("`@("`@("`@>&UL;G,Z<W1$:6T](FAT='`Z
M+R]N<RYA9&]B92YC;VTO>&%P+S$N,"]S5'EP92]$:6UE;G-I;VYS(R(*("`@
M("`@("`@("`@>&UL;G,Z<W1&;G0](FAT='`Z+R]N<RYA9&]B92YC;VTO>&%P
M+S$N,"]S5'EP92]&;VYT(R(*("`@("`@("`@("`@>&UL;G,Z>&UP1STB:'1T
M<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+V<O(CX*("`@("`@("`@/'AM<%10
M9SI.4&%G97,^,3PO>&UP5%!G.DY086=E<SX*("`@("`@("`@/'AM<%109SI(
M87-6:7-I8FQE5')A;G-P87)E;F-Y/D9A;'-E/"]X;7!44&<Z2&%S5FES:6)L
M951R86YS<&%R96YC>3X*("`@("`@("`@/'AM<%109SI(87-6:7-I8FQE3W9E
M<G!R:6YT/E1R=64\+WAM<%109SI(87-6:7-I8FQE3W9E<G!R:6YT/@H@("`@
M("`@("`\>&UP5%!G.DUA>%!A9V53:7IE(')D9CIP87)S951Y<&4](E)E<V]U
M<F-E(CX*("`@("`@("`@("`@/'-T1&EM.G<^."XU,#`P,#`\+W-T1&EM.G<^
M"B`@("`@("`@("`@(#QS=$1I;3IH/C$T+C`P,#`P,#PO<W1$:6TZ:#X*("`@
M("`@("`@("`@/'-T1&EM.G5N:70^26YC:&5S/"]S=$1I;3IU;FET/@H@("`@
M("`@("`\+WAM<%109SI-87A086=E4VEZ93X*("`@("`@("`@/'AM<%109SI&
M;VYT<SX*("`@("`@("`@("`@/')D9CI"86<^"B`@("`@("`@("`@("`@(#QR
M9&8Z;&D@<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@("`@("`@("`@("`@
M("`@("`\<W1&;G0Z9F]N=$YA;64^2&5L=F5T:6-A/"]S=$9N=#IF;VYT3F%M
M93X*("`@("`@("`@("`@("`@("`@/'-T1FYT.F9O;G1&86UI;'D^2&5L=F5T
M:6-A/"]S=$9N=#IF;VYT1F%M:6QY/@H@("`@("`@("`@("`@("`@("`\<W1&
M;G0Z9F]N=$9A8V4^365D:75M/"]S=$9N=#IF;VYT1F%C93X*("`@("`@("`@
M("`@("`@("`@/'-T1FYT.F9O;G14>7!E/E1Y<&4@,3PO<W1&;G0Z9F]N=%1Y
M<&4^"B`@("`@("`@("`@("`@("`@(#QS=$9N=#IV97)S:6]N4W1R:6YG/C`P
M,2XP,#`\+W-T1FYT.G9E<G-I;VY3=')I;F<^"B`@("`@("`@("`@("`@("`@
M(#QS=$9N=#IC;VUP;W-I=&4^1F%L<V4\+W-T1FYT.F-O;7!O<VET93X*("`@
M("`@("`@("`@("`@("`@/'-T1FYT.F9O;G1&:6QE3F%M93YH=E]?7U]?+E!&
M0CL@:'9?7U]?7RYP9FT\+W-T1FYT.F9O;G1&:6QE3F%M93X*("`@("`@("`@
M("`@("`@/"]R9&8Z;&D^"B`@("`@("`@("`@("`@(#QR9&8Z;&D@<F1F.G!A
M<G-E5'EP93TB4F5S;W5R8V4B/@H@("`@("`@("`@("`@("`@("`\<W1&;G0Z
M9F]N=$YA;64^2&5L=F5T:6-A+4)O;&0\+W-T1FYT.F9O;G1.86UE/@H@("`@
M("`@("`@("`@("`@("`\<W1&;G0Z9F]N=$9A;6EL>3Y(96QV971I8V$\+W-T
M1FYT.F9O;G1&86UI;'D^"B`@("`@("`@("`@("`@("`@(#QS=$9N=#IF;VYT
M1F%C93Y";VQD/"]S=$9N=#IF;VYT1F%C93X*("`@("`@("`@("`@("`@("`@
M/'-T1FYT.F9O;G14>7!E/E1Y<&4@,3PO<W1&;G0Z9F]N=%1Y<&4^"B`@("`@
M("`@("`@("`@("`@(#QS=$9N=#IV97)S:6]N4W1R:6YG/C`P,2XP,#`\+W-T
M1FYT.G9E<G-I;VY3=')I;F<^"B`@("`@("`@("`@("`@("`@(#QS=$9N=#IC
M;VUP;W-I=&4^1F%L<V4\+W-T1FYT.F-O;7!O<VET93X*("`@("`@("`@("`@
M("`@("`@/'-T1FYT.F9O;G1&:6QE3F%M93YH=F)?7U]?+E!&0CL@:'9B7U]?
M7RYP9FT\+W-T1FYT.F9O;G1&:6QE3F%M93X*("`@("`@("`@("`@("`@/"]R
M9&8Z;&D^"B`@("`@("`@("`@(#PO<F1F.D)A9SX*("`@("`@("`@/"]X;7!4
M4&<Z1F]N=',^"B`@("`@("`@(#QX;7!44&<Z4&QA=&5.86UE<SX*("`@("`@
M("`@("`@/')D9CI397$^"B`@("`@("`@("`@("`@(#QR9&8Z;&D^0FQA8VL\
M+W)D9CIL:3X*("`@("`@("`@("`@/"]R9&8Z4V5Q/@H@("`@("`@("`\+WAM
M<%109SI0;&%T94YA;65S/@H@("`@("`@("`\>&UP5%!G.E-W871C:$=R;W5P
M<SX*("`@("`@("`@("`@/')D9CI397$^"B`@("`@("`@("`@("`@(#QR9&8Z
M;&D@<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@("`@("`@("`@("`@("`@
M("`\>&UP1SIG<F]U<$YA;64^1&5F875L="!3=V%T8V@@1W)O=7`\+WAM<$<Z
M9W)O=7!.86UE/@H@("`@("`@("`@("`@("`@("`\>&UP1SIG<F]U<%1Y<&4^
M,#PO>&UP1SIG<F]U<%1Y<&4^"B`@("`@("`@("`@("`@(#PO<F1F.FQI/@H@
M("`@("`@("`@("`\+W)D9CI397$^"B`@("`@("`@(#PO>&UP5%!G.E-W871C
M:$=R;W5P<SX*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR9&8Z
M1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@("`@('AM;&YS.GAM
M<$U-/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O;6TO(@H@("`@("`@
M("`@("!X;6QN<SIS=%)E9CTB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP
M+W-4>7!E+U)E<V]U<F-E4F5F(R(*("`@("`@("`@("`@>&UL;G,Z<W1%=G0]
M(FAT='`Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"]S5'EP92]297-O=7)C945V
M96YT(R(^"B`@("`@("`@(#QX;7!-33I$;V-U;65N=$E$/GAM<"YD:60Z-S%!
M13=".3(W.4(Y130Q,3@Y04)$04(R.$1#-#4P0C4\+WAM<$U-.D1O8W5M96YT
M240^"B`@("`@("`@(#QX;7!-33I);G-T86YC94E$/GAM<"YI:60Z-S%!13="
M.3(W.4(Y130Q,3@Y04)$04(R.$1#-#4P0C4\+WAM<$U-.DEN<W1A;F-E240^
M"B`@("`@("`@(#QX;7!-33I/<FEG:6YA;$1O8W5M96YT240^>&UP+F1I9#I"
M0C9!-3$V,#4X,#5$13$Q03E&0T$P14%%1$$Y-S(P,SPO>&UP34TZ3W)I9VEN
M86Q$;V-U;65N=$E$/@H@("`@("`@("`\>&UP34TZ4F5N9&ET:6]N0VQA<W,^
M<')O;V8Z<&1F/"]X;7!-33I296YD:71I;VY#;&%S<SX*("`@("`@("`@/'AM
M<$U-.D1E<FEV961&<F]M(')D9CIP87)S951Y<&4](E)E<V]U<F-E(CX*("`@
M("`@("`@("`@/'-T4F5F.FEN<W1A;F-E240^>&UP+FEI9#HW,$%%-T(Y,C<Y
M0CE%-#$Q.#E!0D1!0C(X1$,T-3!"-3PO<W12968Z:6YS=&%N8V5)1#X*("`@
M("`@("`@("`@/'-T4F5F.F1O8W5M96YT240^>&UP+F1I9#HW,$%%-T(Y,C<Y
M0CE%-#$Q.#E!0D1!0C(X1$,T-3!"-3PO<W12968Z9&]C=6UE;G1)1#X*("`@
M("`@("`@("`@/'-T4F5F.F]R:6=I;F%L1&]C=6UE;G1)1#YX;7`N9&ED.D)"
M-D$U,38P-3@P-41%,3%!.49#03!%045$03DW,C`S/"]S=%)E9CIO<FEG:6YA
M;$1O8W5M96YT240^"B`@("`@("`@("`@(#QS=%)E9CIR96YD:71I;VY#;&%S
M<SYP<F]O9CIP9&8\+W-T4F5F.G)E;F1I=&EO;D-L87-S/@H@("`@("`@("`\
M+WAM<$U-.D1E<FEV961&<F]M/@H@("`@("`@("`\>&UP34TZ2&ES=&]R>3X*
M("`@("`@("`@("`@/')D9CI397$^"B`@("`@("`@("`@("`@(#QR9&8Z;&D@
M<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B/@H@("`@("`@("`@("`@("`@("`\
M<W1%=G0Z86-T:6]N/G-A=F5D/"]S=$5V=#IA8W1I;VX^"B`@("`@("`@("`@
M("`@("`@(#QS=$5V=#II;G-T86YC94E$/GAM<"YI:60Z0D(V034Q-C`U.#`U
M1$4Q,4$Y1D-!,$5!141!.3<R,#,\+W-T179T.FEN<W1A;F-E240^"B`@("`@
M("`@("`@("`@("`@(#QS=$5V=#IW:&5N/C(P,#DM,#(M,CA4,3(Z,#(Z,#0K
M,#4Z,S`\+W-T179T.G=H96X^"B`@("`@("`@("`@("`@("`@(#QS=$5V=#IS
M;V9T=V%R94%G96YT/D%D;V)E($EL;'5S=')A=&]R($-3-#PO<W1%=G0Z<V]F
M='=A<F5!9V5N=#X*("`@("`@("`@("`@("`@("`@/'-T179T.F-H86YG960^
M+SPO<W1%=G0Z8VAA;F=E9#X*("`@("`@("`@("`@("`@/"]R9&8Z;&D^"B`@
M("`@("`@("`@("`@(#QR9&8Z;&D@<F1F.G!A<G-E5'EP93TB4F5S;W5R8V4B
M/@H@("`@("`@("`@("`@("`@("`\<W1%=G0Z86-T:6]N/G-A=F5D/"]S=$5V
M=#IA8W1I;VX^"B`@("`@("`@("`@("`@("`@(#QS=$5V=#II;G-T86YC94E$
M/GAM<"YI:60Z-S%!13=".3(W.4(Y130Q,3@Y04)$04(R.$1#-#4P0C4\+W-T
M179T.FEN<W1A;F-E240^"B`@("`@("`@("`@("`@("`@(#QS=$5V=#IW:&5N
M/C(P,34M,#(M,C%4,#@Z-3<Z,S8K,#4Z,S`\+W-T179T.G=H96X^"B`@("`@
M("`@("`@("`@("`@(#QS=$5V=#IS;V9T=V%R94%G96YT/D%D;V)E($EL;'5S
M=')A=&]R($-3-B`H5VEN9&]W<RD\+W-T179T.G-O9G1W87)E06=E;G0^"B`@
M("`@("`@("`@("`@("`@(#QS=$5V=#IC:&%N9V5D/B\\+W-T179T.F-H86YG
M960^"B`@("`@("`@("`@("`@(#PO<F1F.FQI/@H@("`@("`@("`@("`\+W)D
M9CI397$^"B`@("`@("`@(#PO>&UP34TZ2&ES=&]R>3X*("`@("`@/"]R9&8Z
M1&5S8W)I<'1I;VX^"B`@(#PO<F1F.E)$1CX*/"]X.GAM<&UE=&$^"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*/#]X<&%C:V5T(&5N9#TB=R(_/O_;`$,``0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(
M`3X"-@,!$0`"$0$#$0'_Q``?``$``@("`P$!````````````!P@&"00%`0,*
M`@O_Q`!A$```!0,!`@<(#@4)!00(!P`#!`4&!P`!`@@)%Q$2$Q17E]85&"$Q
M55:6U189-T%14U1WE)6VT=+7(B,R8=,*,S0X0G9XL[4D-E)B<1HE8X$F)T-S
MD9BAMS4Y1')TDO#_Q``8`0$!`0$!`````````````````0(#!/_$`#81`0`!
M`@0""`4%`0`"`P$````!`A$2(3%109%A8G&!H;'1\"(R4I+!`Q-"<N'Q(X(S
M4[*B_]H`#`,!``(1`Q$`/P#[7H7A>'1X=B<<>)XT&&&C1B"C#"L1K""BBB-9
M*S$$$$S2KYYB9YWOEGGE>^665[Y97O>][T$E[D88Z(HP]`6IZIH&Y&&.B*,/
M0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC
M#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(
MHP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.
MB*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1A
MCHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D
M88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&
MY&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:
M!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJ
MF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6I
MZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%
MJ>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T
M!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP
M]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*
M,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACH
MBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88
MZ(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&
M&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N
M1ACHBC#T!:GJF@I=KIB")D^)&Z,0BZ.R(V4C)`60I-DMHL+D%DV7=G</(0%,
MPRN'?+##*^%[\6^6&-[VX<;7L+VT71A'W&(B^;!@_91)H)/H%`H%`H%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%!"6HM_2Y&$..]\P3!1O4K*B)W`]B\*$9
M$:T4FGGW2<Z,DK7)/UZA#ME"]CS>/JKJSLI!9=TPT3-')\!]0*Y6+%IG.;1O
M:_DT\Z4-KKK*U43X[X42=E*XFN1A6;FS"VIQ["ZR8;60H'.JRK8LOK1IOYM!
M%-2'@UT<!47!$]@GU?%7P3<D\BH8FC1?C3/:.?\`C<T1$1..,XO&4Y^&7>VM
M%=:.D,],XNG0GJ>@0U/()\5(%A\O+#(%D3%;+\:YAO\`L4P6LEB[B+XX9B&&
M_B5NM``X9CBD<`<<L[5C#-KVFV]IMS5_@W:BZ4YXU-:M=+S<?;:1W;I%#;YM
MSN1<?L=X-=^))E#55:0%Q@BDG4;4CZ-"9U+LW)A4%(@G%F,X#Q%/5Q`!!O`6
M:9B*9ME5IE/=PXZQT,YOM#M)[OB74%)>GV=85U(*>GF*']*KH9,5RTT'`KB)
M[';2LOX`'!$(TO&4=+6S"7W)*.;-*/)>)DQ;(&QW,.Y?,89BUXF+S;.)AG&D
M_4V!JCTBQ!JM+LP5E%Y8BTG)@;&&7L'`,A8&R9@W9&S<6".C8*.8?-^3Y_BB
MDK9<?C<SQXO%N28M,QM,QR:161M[=4#MTM`ZZL]DJ_;Z-BN"NHN*9&SJ]AEQ
MK"2WFT\3C$=*P4BP\U&T_%&Z(XDY0)B@FDY'*B!E<U+-2+HE^ZMIGQMS_P`A
MT_;C%AQQBVM.U];6;I7'KYT:L1BPW(<I:D8=AY!GUE->0HK!ER06I':PYVH[
MD=.6TI5+)#E5B)S$H&352.*F<OA<@F&AL2QTV$)?&V5<XIJF]HF;:VB9\D42
MKM/M+,0ZP].6C)RO5OYOG4DVU-QMIVEWS'P+-;/'(8&V`DND8\Z2JN`JS&:&
M+I$3ET]+/V>JJ9+E$C,QF+APEBFJ8FJV4:Y3W\K9[+,C:JM,)>/5R7!]1<%@
M14V7>+'[DDL666&&P4!^`*95%'92T\,UZS?2W8"L'B24*WCJ@`K!J1LJ2R*6
M,CA!9$M-[6F^UIOR>A;U9:76W(!F)E[45"25*9)TMED'HU.R@S`7\GN]Z(9I
MS-%MJ+/NL^R%/6'*VR)UPHI$ZG`#J*&5,*Q7`0@%F8Q%IM>TVUO;)B32UX:)
M7^]69'#$U=::WL^Y&(BJ3!:;1FR.G(MO,F"9/D\Q&P11G$=%6\[F4I4!#`3[
M&#`V26I<B$)8@;N",,QG,3$::2M?1"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4"@4"@4%)->GN0-OYR4?[+O&@L9"/N,1%\V#!^RB302?0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0:)-E[$DN,_4_MKE1QLI]1J5E36*?7
M(H>#M9J^A([K2S",[2Y)X,PZLIY,B[D,F;-%!KJ2(,>3\\L@@[F.$7"USI7,
M331GI3GT9M`*9IND@YH,C'9L(VSWGIL[4UKZL2SH6]6YB#!PF0C&RD[*[W$U
M'Y:M+@\BKM7"/#*8TRYRRV+SL8B'S((P(62^<'2_Q37CB:<,_#?/2V'#PS]5
MVYKCJ48@U.?R@XJU=";SF1RZAXBTWNK3>6,00]5.'9+;;78(2//">EO9GED@
MLJ*^1UZA.,_';=<82Y)"\TE9$.%3AXF8+9F;Q-/Z5ZK6F;VG.,\IMW:\%:H&
MA&9U74?)+[;D5ZD',QG5L5M2L)HSP4]`^6DQEBR?=$-&DV&&,R&2R$TTLXD.
M3P3&TMR">6G@]UH$RFH"POI:<@Y9EJF,,1>+Q^I$_-BFUM;WYVTZ'TP;+QDO
M-C;*K2@PGLT7.SWR@::$A$768Z4!5;[L15D-)/AB)"LW58H46$Y3P$SPPS('
M"8)K'/+''(*U\K6N<JOFJ_M/F^65@[)J=1]@>9DKV5;1I#U'(@+I7"VA(ZYY
M`M#JUW'U-*)7!'/Z0%5GW4%$%PLT/*0!25B^62RNF+.VX)PB;%*&7OWYNTUQ
M^[_&V7Q6B^GU=':E_6%"$R$M7SHG26(FG=-AS4CL^8`8D6$X4T`-;5L4:RHG
M1NB);^TQAL1^(XQO3JX1W3DK*K>QP*MH<&RAS<P?)B$3?-"4S&&T51$Q7,YU
M8;[3?BL&P=+3LTQ:F=@BYGEIZU#/V/HXAJ<8L?#J<,'EGT^8S<,ABYEH%2)T
M#CC)ZM]AYQW[+4`BGJ2HOYDF2DMQ0.@FR@S;6`R!F]X_4SB+S$ZVB=;VO:]^
MS-1^4T'46W-GKK/V<X6BS6*XYS%VCR]--UYJP&\7!%1B(U*:V0XD9[(CZ3"Q
MDLZ"ZS9*P!3T]ME%0Z*GFLW)?#%O)2VH)IN+8Z*\5-L-LYB]\,Q:S=9IZT?I
MCFVO6V+U!R_IO%6A4Y-TB#:6I7D.+CAU*NJY:?%-.D%6A!SN)&$23KB2UEMM
M9(7%UE&AUI!-`@I`ITC<^8+&3G-7_CHB)^K%$3TY7YS:[5;$>A)Z,S97;%5<
M1M(+T;6J!K;52*GO-ZD3@IQ)<Z->/2DVZ@<E%T2>-@V`7VWV*1;2+&(QE5<]
MR3<))!%F&<Q@BV*0)<W-48_U/BO&"8C/*]HRCAN^W&C@4"@4"@4"@4"@4"@4
M"@4"@4"@4"@4"@4"@4"@4"@4"@I)KT]R!M_.2C_9=XT%C(1]QB(OFP8/V42:
M"3Z!0*!0*!0*!0*!0*!0*!0*!0*!0*!056AS7!I*U!HDK.2%Y\CZ1$*#`\AI
M>4T!4$$+1\!B47#^0[DR,ERV1$#F;:7S'+WQS"N&D'[VSO<OG:Q9IF+7B8OI
MTH[PVG.@02#AM2N&J>+,H'+R1:(!I0LIGO8N')N2`$Z;,S(SW/Y>RS=O#!*W
M(\WY/F@F.7*\:_%HN"J]K3?6W0R?3OM!]$NK)S*;*TY:FXDEMY)"6(MGFDUG
M.7$<V"*","7,JX"">Q)*IY+)CF2H!Y0(E#)0@,;*!'!@,S1?$03353K$PDZ,
M=3^GZ9HA59]B^6&@\H90PW6*L2.E'\[-A,!8V)G)WC'3QL$MS<%O8$S6:F*)
MAB&7P+BYWROCC>]$F)B;3$Q.W:YT!ZC(-U21^%*FGJ3FK+4>C*ZD@8.MH'LC
MR79;1[@V4TL7(0(`8`Z3L9+""@#`AY\B9+CXVR!&"SR$Q,3:8M+EO"?8:8$I
MQ5"+SD-NMV6)PQ=F<2L11,"AKK\Q8J5@N._)!`P!S"'L@).>!\_RHP/$`RME
MAQ[^"A:9B9ME%K]%]$OT0H%`H%`H*]ZDM5^G'2`Q09*U,3`S8=9AM3#14U5=
MI\0(=:61`!36*2WT8@`=77"IXE`#!P4@AIB@:!)%QS@P098$47`L1-4VB+ST
M.!IGUA:8]8[,4I`TQS2RIA:R(H8I2\<:YX?`^W5(0"YD`FY$!6+)KA;PYLMC
MF9)8+241Y\7#$'*<L$&)GB)IFG6)CM<>#=:.DW4RZ7LR=/NHB(YA=L<Y7]F;
M?C]ZHSC4D4O8Y=/NI9%R!D6YY%LH<!"ZZF7.HUCH@17GW+C!!YB:9BUXF+Z(
M6E7:K[.N#I'<T0RYJYB&/Y*9BB`DNIH.-8.$U5!43!0J?!+*-K)^9<#/,D=*
M&>-<>X>((^&>>>-N'@+%%4Q>*9F%X6>\&G(+6;[X8CF07FS'8DD5YKNQK*Q%
M>;CA1%(#`TGJZ*LI@YE/4TXZ7$P&*G"9@8`8/*V8>>5K\-&56VCM#=";^DA.
MAYD:OM.KLE577C362X\;TM,Q6>"BY"69D,VADT`DK#*)A4+9DS6`Q((#(</(
MN-;+"W)Y<!K#5:^&JV]ILRHMK4TBG)U&TQE-2L)&-0A<R,0&AT&1VOF_\%4N
M6R.F4/V/8J5SV3A+$L,SIENX!Y+9<D&(;&(8%@\Q<289M>TVWM-N8NZU-(K8
MG%.TT.+4K"2)/ZL83B*?$"G([7)OPPIK`()A&1O8^.I8'05Y:+&"QE&01\`E
MA6+FBHZ>1,A&B^8@M-KVFV]IMS2/-LY1)IPC5P3%.;]08RC!JB(X3B>CF'%+
M(J0(OK:<W$;`V,"".)A=17%9-3"_%"RXQDX#C?BVO?*PB)F;1%Y2:3.%E`H5
M/DAL#!,\6`.%#`=[W#'+&0L1@!@[WM:]\!0L\,\;WM:_%RMX+41R:")HIG6(
M9RWA[I'^@/W=-)CHAJ1^X(XH_L/E%E\R]E3)6.5!!Y);0^Z)+GP(?*AX<Y#X
MHN?#?@+,3%KQ:\7CLGBEFB%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*2
M:]/<@;?SDH_V7>-!8R$?<8B+YL&#]E$F@D^@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4'\WW2Z\W#IT@>9&VSQ!DU1VK4.S]I$9(!;$2XCBU#MS6XE1&4$#Y/B\)
MM/A'5(X3?'Q$Q'`+MW'FU[BF+<4],Q>8ZEJI[,-_.FW?P2NY&0#'^RUDV.(_
M]C"079'\I?6&0R;O0OD:9B8"VF6GH+;]EA4#,OF9;!+`D2[NEP<P,ADH(T&'
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MQA3N"\NEB!Q(.IPXY4PD,14&OGB.5.%B1C]2+TTU7B9B]-4Q-XUF8SNN7M`_
M_P`\'89?_P`/7=_]CR-&:?\`X_U/_3_]--<+3KKF1M!.S[VCZUK\U//*0'WK
MZ:VG=PP\YG&WCL&K\/KDQR,UUM,=C7Q;H:R[7<?S;9C$%XKSB.&45O'RB"WR
M"2.AI*P7.DQ3CJHPQ$6O>-8F(B>70MXKRW.FHV3MIWJ$?FU3D'0!EH9UD9:?
MH686*@V^]X;K!:+D2T1*=LV1"<3\5:6[S-GD?"01S*P6Y):N>S`R6&^4*H2<
M9M$88P15BIO,YWO-])X6XY>KZDF/)S'=YPXTDN0V(Z9":B&U5%^MELK:?FNM
MO)THQ=61SZXS\E$XY6D0<90;NF@`.(``P9310LPQ3-L<A<CB^=#:;ZWI^V<V
MK34V=4)*?"S%.K/0.X5#1\TS9XPIIK!UIL5=:\6`-R/$?+`7,&ZB3>K?DA:*
M$<LQ#ZD=XMBX8(/+!'6FF*Z8RSBKXIZLQ>\\O]5ZUB"[1>-GAIM@X'4%J8F\
MG%&@E(>.H9F:/-5L4QUK&0-1)U</'WE/<BLAWE5-]S#"A+G9-N--LI.!)O9\
MS+DAUQ%,`Y@NJ>];>7=Q6,,XIM3%ZLL4533:VD6M:=[ZW;X-F[JYCF?-'VD9
MT*.H<.4'_,4?K]VVK2<BLZ()CE@[&:VXFP^%06(TEV.0$=8;1IK*@#K.LU4<
M""9R2S;F+'`TM0"Y.N=46JJBUK;3>([_`%4KVQL8M^0M0FSA5V5JEB'3WK$C
M]]S@KZ5V?J,C=Q/:!YJ/K#59I5^(+K6":,HMMIN%!*IS<S:2BJ#XK0JFN6*M
M(H(Z1T0X2-43E5>)FF8C%,3$3$7UC?LYJ'Q7KC+Z4G[M9#.K?1UI\*:H8XTR
M,:4YRD30_(STSBC42AJ)Q+C!DM=PH:^H*UXO=V)Y])Q@ZXLTL!S!H9UUN0^W
M[9$@!'`:FG%%&&J<,U6C%:]/9;_."B>S?>4O[.O63I5BB8X_3)OG/4!!\"PK
MHE4&%(['*0JSM'L]28M3+,ZB]W6@,Q.<+NDZ*W$$6YN.KE5.SF($5(FWSF2.
M.UU53>_?#DM7QTU6FT1,U57C.:HBT=T^"S;;;&JM[[3?;FLO3/I(TQ:G@W:\
M8";;U4]2CL3D)-C3):B9]IS=.(B*=;ZP,Z":W8RN&7$1)G$D7#!MI0-Q\\SH
M69<F6#].9JJBV*V'6?BWOET=KZ(-F_I<<&SRV>,,Z=I%?"*ZG+"K)>ZR\W86
M%5,FF55'$[GA)JV22C!LD$KBM1J#.0=$3SPJ64/'4I)#4+I!`8SW-`.=4XJI
MF(UG*/#G/F^=G1D')NS\6=E9820M`.LZ(=7T_/"&DQP0Q"9425VZM.A[N14/
MS6TM02UR#[?-VTY%\[@_<UEKH">T4X'%F)Z?Q12#@3SI5:K'E53-,7M,Y<,I
MBV5N&:JC42T`+9,Z<I-"1F]EK4,;<9)$.N?$DG8RR8G@29W&.<23BKCA9RBJ
M(S;"2AS22*8RPS`LGG!2]\L2XMC7\YC/#^WW6PQMI[Z')F-):YC94;7F1W`D
MH8NL='VU3D`;3F-$4\26TJ0"4W0Q@U4IMGQP[N,L`6:YB0<6XF)PN)+$KDY>
M8`\F&H<01\_Z<?Q_;[(TF\S[XM_O\H^R-9[&'5#D>PP#.Y&M.^1P,*_&##-9
M:BXBN8P#RX;\.&`M\\<+\-^'&UK\-Z.?Z7_R4]__`.94AE(;4_J`UE[2&(D#
M7!J=T^15I<T/Z>)MCEGP:[$AL6WC#0,&X2?/%=00U=5(LPXK%%(\\VRVC3?-
MO$<X0N;7B0:4'@--^W\1*Q:(HF:8F\S$WVO'CGJBN,-5&J[76Z-C]IOD?6-+
MFF)K3OHO?\^RG,$(+C<C64YTE=@.IV,Q*:11X***I)1,X21F<4>3A1B2,83%
MS!;7!%%#&RR0QD>K,4TQ7,1$VJPQ$YQ$3';'9O%E$HPU%:DH4T_2]#\$3&^W
M0=U/_P`H#U#1!(^HN'G!%<<R9*"'@R8O4,KQE(#U-(\21H\)S4+B+B$YLSR<
MBIN940JEYBHY@<D:-3$3,3,1E^E$Q$WM&NMKS:&PYM2'K@:FBS:HMF:]6LK:
M?PM(9Z/I7TP3))NJ#3C.6IADK)A)<XRK`6IDUIQ>SY&5";P<22D-5IIKW;I)
M7<9AYXGF\D*9U`*M]+79M3BHM%\6541$Q'#.+Q%M;Y6C+@OYL(=24SZUV!J,
MU6:A)L4E^4W++>[P]I>(9++?9.E5&8R*GE4U&*,17L$;+.61+9Y.A7<)JQ\$
MV$"$1)FRJT`\B.!G]2(IF*8C*(^;ZIXY]&EO\5=VE.MS4CL^M4^M5I[S'ZX&
MKK"T4-Y?T(MTPH#*8<>:K2;U;<`K#*BHD/CF*`LY"R$4FM1)`W&*<4H0QRPL
M7*!EP2TTQ5$96PU?%/5UO/*8]41:Y#FT&C.389A1)U#:EYO;,(:"VVO3>@:,
M]545,#5HV]0()H<P]-1TN1N\"IY_S!$I[E"H#>;*?DF->X/-4^ZXB&PQL'-,
M\O?OL[-LU.&TS-HO5-L43AMM$QIT]S?)L[-6D<3[I,TGN,UJ"+RA(4M1::5$
M=0D5'9\2S')^;%5%IJO%QG8>2'4X@@5%(5FRK%7.;:"BNMD4ZG'5A./V2C8'
M$K%43%565K3VQ'?:.[H;#*,E`H%`H%`H%`H%`H%`H%`H%`H%`H%!237I[D#;
M^<E'^R[QH+&0C[C$1?-@P?LHDT$GT"@4"@4"@4"@4"@4"@4"@4"@4"@4"@IV
MD[/S1<AE(D(I6G&-292!Y,6ICAX'!*'SM'LH.)73E];>K=R&-B9E5I26TA+5
M#(V>0H61Y/)F,0L1"X=\2XJL\YSB(G/6(T<5T[._1*]HW=<0.O3=&Z[&;YFA
M8U%.YFGD\[FC+\W+Y$1,69)/A8G\!<W(HD!1"I@Q@+@#D%G>U@,;^&BXJHF)
MOG$6CHC9[M/.STT1:3W.>>VG33#$,3/1131D4R[VNU2N#H[CFA`A3:46<!ZY
MU6(IIT4N7$/$2)LN5/9EBV1L(:Y<'B":JJM9F7M9FS_T91Z+#HS+T[QXW\M/
MKG>KTA;`F1.9`1P[9&R)YO9Q-LJ8/#EBJNXA$\B(=.B!##8B$RPA?(#,$/+$
M355-[S.>4]-DNN/3S"CNF>/M1#CCANJLW14BKS;CV2QP!\'0UT!SE%`BOHQ`
MZ`8"Q$35,JJJ00Y,X$9`MSXR(%@&*+EG<EYM,7RG6'O>$`PT_P"4XIFYYQXW
MG%+$'8NS")7VH@#"+K#Q?25@B._%!'P'P"!LOI.&!`_RH(W'`QMCAQ+^&A>8
MB8OE-K]-M$6D]"ND1/AYBZ?R4!L(M#$92"4E9@QV$2-V;K6D4BMJKD)NY+`Y
M[<8)7+KJXK*88N8X@=C1\?*X5[7MCB,55[WF\\>ZWDQ"2]FMH,F.<2.I*4-*
ML0/:;2)M)4+OM<;>)@XJ**"&7!15)R)6`X;>=BDE@$R1<BH.=(5SA8L1(E@Q
M\0"14,$L551%HF8C98%IP##3%EB4YT:$>-Y`EV;0&D5E=_$`!L%]]%V(D8(+
M0"71\Q\PAL$!'#P3T^P0(/$+XVQSX]_TJ)>9B(OE%[=%]75S)IF@'4(J1DM3
M;$[-DQ5AIY%)!BX\ZTS%0'93Q)&")HNN(V5\\+!F+&$Q.&%!&L,4,YD2ES)<
M7D`^*(F8O:;7BT],(KU,[/G1;K'66\Y-3&G2.Y:<S63\D="="X1.D'.31,C!
M@YW!$<;?/HZT>;^)LX=-!H*@>-(X1D\?'")8"GC>8Q8JJITF89NB:/\`3`VG
M1!CT;<'1XW7+IG;+B9L!J2"A`HUHJ:[M2#2"YD5HDDVY9/3R:XDGCA12QN4%
MS,V-&!A,[F!A!LB8ISS^;7ILYNI#2CIRU>L8&-]2\/,J8V:44<5A-2G>FW''
M1%?$`0KW6;RR3%)KC<4\R@PQ,500E)/-C$QQB@HV9880+(1,TS>)M/0CN#MG
MOHGTWQH_H>A?33%C,CB5D\9(E!M60+.$.1D<<D<3LD=]*;J'7%EV(X9%142Q
M5*75$^GD@E%0Q*%@.?&KC%FJJ9B9F9F-)V0NR-CCLPXX!SP9>C.(D4W9W(3[
M)KF)5>/NM$=;8',FF^K-AX*:X==34NDFC8QDF3;2PE)X9GD1^:7%*ELP1-=<
MZU3QCGKVKGL*`8:B^0I<E>/X\;S5D:>5!LJLPN]*`&#6)!46:144UKFW`,(.
M*&.,BD%=2*DKA!@VP".#6SMG>]KV)>9B(OE%[=%]4OY8VRM?'*ULL<K7QRQR
MM:]LK7MP7M>U_!>U[>"]K^"]J(HI#^S(T"0#,Y[4)#>E:*(_F$Z*K#@O%#1S
M6(B$.O!C@+([.1#9XTVV,,I%31LB;%9B.@B"IYPXG7RYB;,%Q#4U53%IF9C9
MS"6S8T(INI$;5T1TOQ<6U%#KQEV9R3@E&^=XO`YQ\C;S!;^1[)I%WH9'$$/#
MO`!`"<HJF**JYJF2D)F:R&*JV&\VV'/LV-"3SU%DM6;ITP1<M:A""PDN,*1C
MB4;R-#N=!P!P1'4HH.![!J*[K2;EB@J<YU5!.+Y(P3)&BZB&9)EA0ABJM;%-
MMKK%3;!L2:D(U<$.SFPD&3(P=0B.*XF6Y@!3"*KB("VG.-&S-@@#%Q<[IRXD
MIJF7XHN/%,DP<K\;&U\;DB9B;Q-I8Z3TPP`GO&49!)16UB[TFMC(<:2LXPRQ
MBRB^6&VD/-M(+77!+F;X#):6A"9IA4,+`$3$ME?'(3+*_&H7G*+Z:='NR%9%
MV:NA"6HDBZ"9%TOQ>Z8HA/(WNF:)Y,.`@,`)0'L:5"3:5")\JNIZ8KF,0A5E
M*P5+IJQF6)W4RIOF13D2Q55$S,3-YUZ7-MLY-"N,,OK3N'I9AX&$9(?AF4'?
M&9=K%R[6/2&9)IZ=D\D\B!F'=N+X"<E)Z>04&T(D#)A$MB33KE2^8@>8Q57B
M;S>(M$]&SJT/9EZ!VW"X&G=$TL140A4-\IDEFX]P238J(O/M&!S+I+F=N1@\
M*?>:BG%\[%R>3L.+0(``)4$,+$(F5Q!&*J][S>UK]'X[D^LG3C!L;RM)TX,&
M-&TT)5F@)#"E9XH!<=.//V[:*X$T$PY"A<Q@EJ!Y**XY@E%',A8^'B9/7YS?
M)0/9&"3,S$1,Y1IT/1+>F:`9Y=$2O68XG9LBNN"';B^H?77.F8GU"/W=B<1E
M&RZWA;YXV+'+GVZ@G,K"8B@YFD=.'S"R$*`Y8B)F+VFUXM/3")]2^SST4:Q5
M]`=>I;3C',L.MLIUD9&=2X1/$',70[&#!O!`,N!OGT=84F^$;.'3(""J'#B0
M`8/J`P)+`0^;R&+%55.DS#/T'2)ID:KRB"0&O",?-IWP`QU.-(75V^A@HUXV
M8:R4-$55K-4BFW+)J<DGRITV&9`Q)Y7$YR,)?/E1,L[DO.<7G.;STSNL91"@
M4"@4"@4"@4"@4"@4"@4"@4"@4"@I)KT]R!M_.2C_`&7>-!8R$?<8B+YL&#]E
M$F@D^@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4%#]IR'JJ&T&ZE`=$W=?O
MFQ6.4#C6[=&+%W1C@(YT#%ZY-`<UF%B"\L8]N[+M$0L)@I8.2R7DD965;$[T
M:IMBC%I?-\\FSVEN%&=K5TRM%KZNMI5I@F1RDUYJSKI`VFJ#)#P2M4#B.H()
M<KFQ'(MK(#68CZ2G)<\K(B\8Q`4'*)=(0$I!3LSZJAN`Z51,TSE1.GQ46^'H
MGC,6RZ+(OU$:[Y@6]LXXVDP-8<B(49-G4M#3=8K\(S"M,K1(QXLA2.QG5K8@
MN1H].(&+/F2;#QC`(NF`HZHNK6:RJ)1$FL(1T-*3B;W[]\5BF/V](O,3.D35
MG-J9B>%.][<5A=L-K&B-W:B=DL]!]:NI33WH1U`L34N[9"E/3.]IIB]><;;(
MMEFG8U7?8\T&VH.M3Y5W#))`EDIQ\K&2B0MJ1@($@1-F%((GZ=,VK^&)JC#:
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M86DO6MJ(;VE5%?:3/6+GD-+E%UO!XM!+<I1DY,M+M[`RJDS%\N,&I&2ZTH8M
MY8/@W(@'&Z`KEG].(FJ,6=,8M,K6OOKG'O3M-5NW5DS2O/ST:[K@*`RT0L/4
M`BP<*U%G5@S@M83\0U)03T\Q-S-@)!3%T9+CS&RA912"CN/):FJ$`R^1TRAY
MFSG<<D41,93,S:^DX8Z)G?LC5GVH3:YZM6;+VT7CW3_HOC^46ALVT9E2%,$B
MO&>!&3@HQNN10>E-8"1FQ@S#YXV\K):,YA$TJ3/&DPLFM@V8.B&%16148R(H
MB8HF:K8[Q%HOG$VSSTT]YLE<>UWFZ9'GI\B'0)I00YJEN6=%3,UW/]-EB5P8
MW;48Q@^+)99`882J305/-SR(IK*H72@\@>YJ25L;2%&V!Y/-JX[=&"(O-4VB
M*IIRB\S,:SPR_+KC^L!X2)KJV09J1(1U)P"_IPB+6HONJ"%:65!MH[/7XWC=
M6NI(<C1($U@4F:!3PZ5DHQ6XU179@B044D9T62L#9H5**DM:*[3$Q$TYVWOI
M/#IC/P1O!&W+DQ\:O-/6GN6H+T]-)&U-/U\Q\@-6+=6C0FC4+!2HU\%')#,:
M@V*T$@TV4&[KR(!8@)I%R%CB>`9,F<[FC*7DEGC4_IVB9O.47SIM$Z:3?\<E
M5=/^U<E+1_H;?LD/@51G%ZR=M9=1&FQFOC4-++Q38KA]MACDE)*/2!((Z0_E
MYOL!KDD\T$CMA$2\`0RXRD:(<S`33()DLT1-5HRB*(FT1%YRX1E>6^K9UZOG
M[K)B)UOF06!%S35&E(:RQR#I@N=6;J#A>44I-*$319[L!Z-80%32RAG,V*4.
MM)YI"0Z4;,N7&/E\<E"Y4D<ZHPS;/2^<3$QT3$^<9-'I_:2R[HLF#;^3LO9O
M"?FSISGS0^VHSAUY2:YB[3:*5*IASM)PE6,"="<B>S`!Q%(LLG$]`12A9;/)
M1(,]?&^(9D`Z11%4?I1I-6.\VVGCI=>AO;7.8HIGK4%"FNO2LBP(/&&B9X:^
MF48C>6RDMGE:'V8O&V^H,ASVQ04!.+24*HDCR>!DF&[H6:JF&RN&>:>:2U@Z
M]V8P1,1-,WO5%-IBV<Z<9R]]$4!?&O[:`SY,6QJD.1X-4-)<':F=5S.=S'.Q
M;J*5'*!*,2.QNEE-'8DZ-=*3FK;,560#R4\44HH@*B"M)AI0P.HS?54H0H9-
MX:8BN+WFF+3>-)OG,3X<.^&>MK^4DI*^_P!J/3*+X$!TF/340!`24*7U4LLU
MK%2D0\O#-Q.GMPZ9L$^RV1C4R=!Q-CI=C'=4FEC!G0U(Z4%(FE`G[4YZWB+_
M`"_#I>V*^O=T+2RCM?Y^C;6$O[/C'1G@O:KW-,3%2].Y8M("R!$\HZ97:FNM
M:7]1[@>5F,:-M$C&B:TCH#Y:I=,7!P%BZDFHRDK9-I7$L]^_^<V8HO3BOE:;
MZ93].N=]>QOTPX_$PY2^-Q.+CQ[X6OCA?/@MQKX8Y7RRMC?+AXMKY97M;@M>
M][^&C#]4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@I)KT]R!M_.2C_`&7>
M-!8R$?<8B+YL&#]E$F@D^@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4%<-7
M.FY$U<Z=I-T]+SU?,<%)#2214H_HV6S+?>K06T5937&@+J*HE101,N9+201R
M44W,4,LMI&1]%-B!ECXN>):9PS$ZVX2UDLG94ZGGM-VF:3-=&T-4]63-T>/4
MK),(1\BZ;V#")P[(B02`)MQY20]4!R.):<YE(YH2.#)F`8`:HHE<#9M1XIE2
M+J!O'$1,4TX<64_%,Y;1V]ZL,I_R>9R24TI*TW8:XU5"T0/>=WGJ5;\*#:<H
MZ<LHL"4G<"H96";T\+2Z(MA-H@HG<1#(15OIZNLM^QUL&E`'NLJ+1LL?JVF)
MP_%:U[S:8[-_#H7T;^R_7`9:V84PO+4$EN!P[-J.I2C8H0;4()["1)@1W['1
M:,$$UDDI\AJB=&IEJMU.3!3A5%*+Z2NJ(!G-.3FJ0,@)Y%GEX]/HQBRJBWS6
MXZ6F[;?1E0:.M#!6/]H;J&U\X28853<^0S'<0BQ;DT0R1=K!L"R#;!?#>-G(
M:$6,U7N';C)F383,2?.;\!\UR/ZTUB^&*;:3,W[7'G;0B5FW6CIQUA"R<8;9
MC3Y$\\Q:#'X;0#5076'.#4.-@5;$<V3E3A$7-M8F^>AI^*"J65KA\WR.IULN
M6Q$56IJI^JWA-U26_L:$U!T5[/C1W;4*>-%M!>KYD:L"D@7B\`$>4##,?\N/
MK%BF&Q9_BAL\%1SE41,R<8:\YLRN*'@;LB&+J.18DS]Q_K4US-555OFIP]F4
M1^%:9#_D_;H>23J48"+K8`:T3S]J?.ZK@TH?2VR7))Y-]J3T2'@*V'],IB0$
MQV2#'Z6.F"YHB$GX,8V`MC%%HZIG2Y101EL?N:?#G%.'6=+6RCA/-?@QLQ2I
MI?VLR^--)BPVU.C!NQNIEPX^#Q"A3N#!+YA/)9(Y9/03)_<[P>N;DLG&/8AS
M?).Q2+GS%C5U(`SB^3+Y/'.ZMYS8SR?'1_3G(6D77*N:;IVA[1>SM#4BR.-`
MS7D]`E^*F8&0%27`&P7`]DX)BO<DL$0%8DJE7$X>;XIZ*G87P")GC"L:QQ-\
M5-XFJ:K7M:9USV2R/LBR!]Z:(G:X=4TT/@UI"A'5##ZZXY$,J+XEF9CFJ5@K
MC,=#X495776.IM-4:QMPGE5JI]TAU%DU.*HS:*&"9!)+CW)B^;*(Q3$VC2+<
M+>:M&GG84OB$U_12;6-9:"Z&EH6E=3?L8LQMZ3F7'.#P15[GP2^6DMSHDCG'
M(Z9`.E#0)-.?QX\.GI!<`?(1EJIQ0-G,Y;W[]\Y6?U+XOASJC/.]NS+3GVI8
M2]CH^&/IU<,+Q3K1<C*<"SJXE;5*85U"&&V\XG>1"53*4:48<F6"7*\3J!*;
M03!4<J*14#KB1APC>0IP!-+Y9Y@YU,=YO-,3E$:S$Y:3$\/%9/9J[-Y)V?*1
M.YT:14B17_J,D@G(S\,L>)FU`D3(`R4FF$U&;\:PRT5-;0V:EDPCQ_,\*`KF
MAE<84N(,&6YKAAD2JK%;*T1%HSO/?*K,];$1,G%+VF"8+J1/MJVT9D[35)!P
M8.*"ZM>(\].JZ.M@I!8/*1$WV<8NVX_-A3PN;4NB6QY7`HJWOR=C4?J6P9?)
MBXZXM?\`%I9[V93%U&ZOGEJ8D-_J(S1D'9^OC0$[8A(-L$N.;:S]?3A>"L_T
MZ0,UT3--6"I=PBI::D>Q`SB5-E2ZS98OG:Q'$S%5HB(UBJ*K]FF2F48;%F>&
M\Y-#^]O:,.>8HOV?,EMQU:?(M&TYLQG%@F2V"6"4EM-WNE'?AE;<;@3T,BB-
MM#=Y^PY5"0DXZ5*M<8=:,F"YJ:X^*U-IJC//QASX?V)#I@M[(S7C76.8;NCQ
MOS4HS(D0&7TT1(:E8`HJ+9EQ&XD%U-JAI1=0D8C*IL?E"F#0!7;)HF1(JKE#
MV(2R&)KO&<9S%KWFVVF_3,]SFR;L3W))FI)UZW3NM%X)&L_"?F/)T+2\G1AE
M[#X7AQB)"X@E--1.*LY2L2=3&<B2OFR[X63+F1CSG$!Q',IP-U=VX.417:,.
M&+6M,;S>^+MRBVS?,%86P0=A\PQ!K!X6&$"#R!"S%MC:PF88.8H^80>6?#E@
M'D.-EAC>V.0HE[7SN<WLH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%!237I
M[D#;^<E'^R[QH+&0C[C$1?-@P?LHDT$GT"@4%.=:&K,OI+8K27@6LF.MSR&Z
MU-ELTBYGDGQTR\5Q*8+RD0;!R/52)*ED\502&2I)3;1TM'65UR.8ZEI9(@$2
MR5%=*+$7GWO$?GDP1\ZX7%'0S`,O+3/)+807")#J2\5%QN=B):BAO.9G^)'*
M8R(Y1\%<YC-Z^SE3$HX'R`R%$/F+.6V^HM^SE7E$5L$A:,\][=-L^Z_#\,*1
M-IHP5B^HQ3"9Z4H-S3R<DI%/%&I-,1NZ57.Y6/+IJ%VPA6AM.<(3N964KO`I
MR3#5GUDA(HY911#"F?(%U3`8$N&<NGMVOK:VBV4#SH=EPU)S4=C`4(ME"'':
ME--_,DZOI+L)!>R1G-Y^M5PMMU(N(!1>;JXWG(6`Q,C)Z2?(N%)<:*:3<<4L
M$\?),>*P>66..-\LKVQQQM?+++*]K8XXVMPWO>]_!:UK>&][^"UO#>B.-SXE
M\L*_2`OQT#GQ+Y85^D!?CH'/B7RPK]("_'0.?$OEA7Z0%^.@<^)?+"OT@+\=
M`Y\2^6%?I`7XZ!SXE\L*_2`OQT#GQ+Y85^D!?CH'/B7RPK]("_'0.?$OEA7Z
M0%^.@<^)?+"OT@+\=`Y\2^6%?I`7XZ!SXE\L*_2`OQT#GQ+Y85^D!?CH'/B7
MRPK]("_'0.?$OEA7Z0%^.@<^)?+"OT@+\=`Y\2^6%?I`7XZ!SXE\L*_2`OQT
M#GQ+Y85^D!?CH'/B7RPK]("_'0.?$OEA7Z0%^.@<^)?+"OT@+\=`Y\2^6%?I
M`7XZ!SXE\L*_2`OQT#GQ+Y85^D!?CH'/B7RPK]("_'0.?$OEA7Z0%^.@<^)?
M+"OT@+\=`Y\2^6%?I`7XZ!SXE\L*_2`OQT#GQ+Y85^D!?CH'/B7RPK]("_'0
M.?$OEA7Z0%^.@<^)?+"OT@+\=`Y\2^6%?I`7XZ!SXE\L*_2`OQT#GQ+Y85^D
M!?CH'/B7RPK]("_'0.?$OEA7Z0%^.@<^)?+"OT@+\=`Y\2^6%?I`7XZ!SXE\
ML*_2`OQT#GQ+Y85^D!?CH'/B7RPK]("_'0.?$OEA7Z0%^.@<^)?+"OT@+\=`
MY\2^6%?I`7XZ!SXE\L*_2`OQT#GQ+Y85^D!?CH'/B7RPK]("_'0.?$OEA7Z0
M%^.@<^)?+"OT@+\=`Y\2^6%?I`7XZ!SXE\L*_2`OQT'ZP-E1,K8!F2^>>7@Q
MQP&#RRO[_@QME>]_!X?!:@Y%`H%`H%!237I[D#;^<E'^R[QH+&0C[C$1?-@P
M?LHDT$GT"@4%1]9D!R)J(B<VQXZ?;-:YTP"ODUQL2A'V,EQ9(R&N-I51KMYX
MMX!=;"N3&2U4VEN9NN)*6<[HZNCAV/H2^0-CDK%IF(F\^$V][*K#;-AXWB]E
M0/A/C2/0NB`LLRH("]`8*FZ8]<+7D16D`^J:4G4!*1`#3T1.AGTQJ-1+5T&6
MS$;(#6;5FPKW-$!!#!<7&V>?'7^V_3I><W=O[9W.^8!^;RG/#8-););4P),(
MJ,=P&AQL]&PORB_6G(B8[I-5$Y[J3.D<TRG`QVRH8H;68$4(+Q729ASNDF:5
MQ26:8,5M(MI?.^F6667.;+:P!"+LC%7EY_R:_$"1I7FUWH+E=ZXSV*?C9E):
M8SV.W6"TFNTF<KOF2EH@G)Z8@CK2B<6GPX%!3<SB7C80J<D9)*&E$F;VCA&C
MK-73+9RS"$GN%7:;:57`G,HT63EU10DL\LD"^!GE<`"2H9*BGB@.`IHR)@&`
M.'AB(8'SQM;(82^6J/FCWP8J^6??%E_>OZ;^@6(.KMJ>JJ8Z_JJ^Z?5;1M'*
M#O7]-_0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H
M.]?TW]`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@
M[U_3?T"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#
MO7]-_0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.
M]?TW]`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[
MU_3?T"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O
M7]-_0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]
M?TW]`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U
M_3?T"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O7
M]-_0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]?
MTW]`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U_
M3?T"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O7]
M-_0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]?T
MW]`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U_3
M?T"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O7]-
M_0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]?TW
M]`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U_3?
MT"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O7]-_
M0+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]?TW]
M`L0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U_3?T
M"Q!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O7]-_0
M+$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]?TW]`
ML0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U_3?T"
MQ!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*#O7]-_0+
M$'5VU/55,=?U5?=/J6C:.4'>OZ;^@6(.KMJ>JJ8Z_JJ^Z?4M&T<H.]?TW]`L
M0=7;4]54QU_55]T^I:-HY0=Z_IOZ!8@ZNVIZJICK^JK[I]2T;1R@[U_3?T"Q
M!U=M3U53'7]57W3ZEHVCE!WK^F_H%B#J[:GJJF.OZJONGU+1M'*$22M"4.,,
MU#[@9,61\T5T.>(L*!K#;:*$BJ>!4TNW#-%\#R>1+F<03&%K8#!6$M@+C^CG
M:]O!5BJJ<435,QAG69EFJ(C#:(^:%T*PV4"@4"@I)KT]R!M_.2C_`&7>-!8R
M$?<8B+YL&#]E$F@D^@4"@4"@4"@@#51_5XEO^Z!W_-`K5'S1W^4LU_+/=YPG
M^LM%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H*_Z@OZ%$7^(")/\`7[UJG^7]99J_C_:%@*RT
M4"@4"@I)KT]R!M_.2C_9=XT%C(1]QB(OFP8/V42:"3Z!0*"H^L#5:0TILUI+
M&+.&?;MD1SJS.8K;$<Z"R$4ZN(K!>,D'<%IW.(6Q-.Q%;S'6"Z2GII%<<*XM
MCIY!-112EU-22BTQ>?<]'G+`WEKC-,'-F'';IGG1M-Q6W.D7TO./!@(>+$=4
MV2"+&;>9220.O.QB67,VG%B54'R3BO-SA)3866\IH0[F4EDLAT+9:QQRSX1>
M^G+O8B?VEL;()-7<[GBV4T:.E-%EY4A-\869*F%/I^%WJF1\NMAEH)-W764%
MPO5R+">+$X#X`;I!Z-X0==-J+=#+"EK%PSWY7C/*^E_SLM'!4[;XAI(;JZP7
M)%<DQ"[4UHR$P'.HMI<,)QA?:#>?C86T9PM%664%P-QP-ES$!"J@5-`F"JP2
M7D(^1+'48?CDF+6Z=/(U4?U>);_N@=_S0*U1\T=_E+%?RSW><)_K+10*!0*!
M0*!0*!0=6N+B*V$57<CD5TQOMUOIA];7EY;/E4I&149**BGE-65E,\*`23DU
M.)`#FSQXV."5*%011QQ0P@\\[!1=$VJ^S.<.5L$[7UI"QSROQ<0U34#&*")G
MEP\'!@&NN1-SRO>_BMCC?AMX;<-O#1K!7]-7VSZ)E0M:.CIT\3V,ZL=-#CY3
M@Y/N%.T6J_*</BXG<]U&.-P\/@XO#PT3#5M/*4S(4B1^Z.)=LOEG.*PG!Q.X
M3F15?C\/BXG<\Z8XW#[W!P\-$9C0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*#J#+@022NFM\XMI!1>60#AI(1#*D3`5U4LG6"R4#":FBC8'3P
M!"PP-S@I4$4,K84*X^6%A,>$.WH%`H%`H%`H%`H%!7_4%_0HB_Q`1)_K]ZU3
M_+^LLU?Q_M"P%9:*!0*!04DUZ>Y`V_G)1_LN\:"QD(^XQ$7S8,'[*)-!)]`H
M%!3G6[I_D'4;#QMA,)>CD+G."Z`Y&%,,=D9%C.2T=6;2LDE4==*"'$Y4;JH@
MKII)=;><R69.8%3B.*G*2$J$U2XR>6F;3?QB;3"K!S9PR4:C*/H--3I'B_%C
M6Q92@4%<L%C'I`A9SMF0E5\*JMI1=V$DXG(E)GDLXCL9ADW)F_E&*45J(9A/
M7'.!@,B9/?OWS7%G>V>?'*;Q;.+9].EWE;V9SF=K<)1LY9Q1@XSB1,F*^F(%
M$C(V7>+$=<F2"C2$T'+):L??QU&D("&A$,NUF\BH2(Q,'@AFCAQR'RZM<N.`
M,71K:_3E,3ETWOQS75T^PJ\XY6YDD>4WBV7K*DXN]NN)SFF.U%1ELAOHS+8C
M=8#3:S91%QU/1;$`+$T,\X5965W":-*#@<RMB7+IZ253"!8DSIM'OH<+5RS&
M>L0C)SC5VFVE5PIC+,@)JZI(26>64\`(U88($BJ&2HITH$&,9,BAA@#AX8"F
M!Q,;6R%$OEJGYH]\&*OEGWQ2KN1ACHBC#T!:GJFLM&Y&&.B*,/0%J>J:!N1A
MCHBC#T!:GJF@;D88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@;D
M88Z(HP]`6IZIH&Y&&.B*,/0%J>J:!N1ACHBC#T!:GJF@]8L+PF`$(./$\6`@
M@AYBC#"L1I!A!!!XWS$$$$S2K88!X86OEGGE>V..-KY97M:U[T'S#2_@#MQ-
M2RSI)TAH+>BW9M0`["Q?5UJP8+50$-7U!NU-$Q,;CX7<A-+PYXW<\;6NH+)4
M0=*.%A,7@J!'F]@Q$F0#M$1^G&*?GGY8G^,;S[Z-[;H<]CCLM!$=,0\]!^FR
MY-)32246,81NC@K`Q8@5"*`C*:^`&$N+"D*$#CF=6%90.*JB:R%.'SADV,,-
MF<\=?U5<T6+NP.V0KBX_=#1+'Y?C\/&[A.Z6&OP</_![&9`2.3_=R?%X/>X*
M+^Y7]4H97?Y--L>E>^=R.FYSMC++AO;)!GF=1>)?X<,7#(2_A;@]ZU\+V_=1
M?W?U/J\(]&'?]F@V>R=_N2^M8<:7M_-78NHI0(<WO[UP>Z[:6N#B^#B\?C^*
MW#PT/W:N.&>V&++?\FQA(Q:^3:V@6TT0<[>$+`]J&;2V6!O;]FP88,:(QCBX
MW\5LC=\N#^WP^&B_NS]-'*?5C/\`V>22T7_<C:U:SDVV'\QB]BB+(V&%K?LV
M$#4E]+P&M:WCMQ<+9?!;Q43]R)SG].F_>>TD;0EN_ILG;%"&>3_F2KZT)PTY
MO%^S88^K/=9Y7A_M7R3<N'W\;\-[47'1_P#7'W3'X+;,S;6MW]%!VC&C=[A!
M_P`T"^M`\$(7*6MXK#&&[%"J=\/OY7-#9_\`-?@M1,7Z?_US'95,^9WG^W];
MGZ:>_-CO(@87BP=<%NIN&S%K?\038A<B5QOEP?I6L=!M:]_T<K6\-A?]+:N.
MR8GS/8;_`"@5L_H&]&NQBD@(/QB(B&_D,Z8X/^`99=K>)X7R][CI^%K7\=K>
M*A_XM_U(^W\1)O#VW[?\*SL4-";]Q#\(F3%FF'FSRMK</&N"&[WP;&QX?'CC
M<,3/WN+E?P4+?I?75';3Z/<S=K-%4)2`E1-M7-FX)L\7"YS01=DRD;:+3F;3
MTYLQ0\<^9CR4RVGS5*5`,Q,,#825@[DI*!MF=<RRVP+<6A^W>+T517O&D\I]
M[-\;&9VF"3FHB/R-VG!#_9#E)X*+>=[,;[`<[97"`E[VP.)*XBDSJ8H%\LL<
ML>5*F1<+9XY87O;+'*UCFRS<C#'1%&'H"U/5-`W(PQT11AZ`M3U30-R,,=$4
M8>@+4]4T#<C#'1%&'H"U/5-`W(PQT11AZ`M3U30-R,,=$48>@+4]4T#<C#'1
M%&'H"U/5-`W(PQT11AZ`M3U30-R,,=$48>@+4]4T#<C#'1%&'H"U/5-`W(PQ
MT11AZ`M3U30-R,,=$48>@+4]4T#<C#'1%&'H"U/5-`W(PQT11AZ`M3U30-R,
M,=$48>@+4]4T#<C#'1%&'H"U/5-`W(PQT11AZ`M3U30-R,,=$48>@+4]4T$=
MRLG:1X,8J[)TR(<`QA'K:+\Y7'B^&^PVX@)^%^'D@A%!3(EP1#AO.W($$\#(
M4\HFL@RA$N8-"AA9"(F<HB\[1F^?YT:]I5V@CA68CV+VB2.%9G%3YA`=>T$U
M&1*B-""6@)AGR)HW'#766SFHO18)XB`F``55(5ELH)?')1B8\DC8*V)UP13G
M7/\`ZQK/1.WNTI)8O\FJTUN=LJ3IUA3MJ!U"ZI'$.55#$^-M\&XKW;*`0YD]
MBG0TS$O!5;K>1"1TX)F4+N,BXR8.8(0Z$CM8L*(EXC]VK^,13&EK1/.>/@PX
M;92;4+1X,*IZ+-8$,ZNF"2$S-A07M`HC0U]P#E@L[Y!)9.:DP@J.M3-9AWY(
M`/!=C!##MEQ1+88@@98C%15\]-IWI])_T!VJIW2^*$B[4K8^/C3*6*B8$CT\
M0Q'+*GC3\./?*ULE$XX$4B&7;A+/&]\PTI-=+_7,<+AY9EN',3$`G[<3\E43
MT3E5V6_.3:]ICU2;+K606+9Z;GWI=DM5,@\X]AI5`:2!(Y8'B<?(4]&CK1$)
M_$`<;6RM<<VW`2]\@Q,<!<N3RX#,TU4ZQ,>7/1<_<C#'1%&'H"U/5-&3<C#'
M1%&'H"U/5-`W(PQT11AZ`M3U30-R,,=$48>@+4]4T#<C#'1%&'H"U/5-`W(P
MQT11AZ`M3U30-R,,=$48>@+4]4T$,3+&D<-?.(%9LQ^R6ZJ83W%(&"DA-1"2
M%#$$9>OB,#B<3R!<QB$+C:UA0["6P$M:ULK7M:M4\?ZRS5P_M"VU9:*!0*!0
M4DUZ>Y`V_G)1_LN\:"QD(^XQ$7S8,'[*)-!)]`H%`H%`H%!`&JC^KQ+?]T#O
M^:!6J/FCO\I9K^6>[SA/]9:*!0*!0*!0*!0?,_K3U(3#M7M0SJV6.@5W'&K`
MS*,8$-H=K&;W&'26\W!#(Q13@2-58'+$JK.)PW*J"&NADC-\G"=+J:`(*79"
M`_3:@=:8BB,=6O\`&GIWGL]\&^S39INAW21"K%T_P.T";+C6/DG!,1DPOP"G
M3QG.]QU1PN!1OA@.MN9P*&8ZJOK1OC&5%1,C#Y\3"X809SF9JF\YS*=*(4"@
M4"@4"@4"@4"@P>1HSCJ8&:MQW*[%:,DL-R%;DU]G/EO)3H;2N6OX;!GT99*G
M"!CD\N`0',0"X@`V.`P.88N&&=A>V<92T&/G8JR]I0=:W-.QGU1./2LXU$[F
MM./2K*2FK2%I2D8U;@N(3NFK&#@56>;-`XYE`%4VGNXZGAC8DVVJ,DKC8R$=
M(_4B<JXQ1O\`RCOX]F3MXLVXRI"#W1H!VO.F]V:#Y?4!NYJ',)8FH//2E)AD
M&^(8BFV7ZE"+HC;+CBB!7R`S5'HAH0%\AG0\T06V10,3^G?.B<4;?RCMC\^'
M%OQ:+P:3_;2,\V(Z&Z]6>XR(2FWG4TUI-<3;74T>U[@*".N)!DXF*9(:UK\D
M:)&1@,^"_%SOP7HYLCH%`H%`H%`H%`H%`H%`H%!P5-3345./K"RH$4E(2B9E
M14U13-@$$Y-3R8.9@X>/GC0@18F3*EPQ!S)DP*&"`#AF*+GCACEE8-!T[[;\
MO($B*VF79/0@L[0+4:6O<FL/=OW&3M+44YC""%PEQ[RED83$QQ)H`^'Z&:0N
M(+15;7N63Y%NJX63!3I'Z=HO7.&/_P"I[(]6/Q3L5I!U)/I"U%;934"I:PI,
M33%E9I::FD;46II+B,47@$Q32#73PT09ZF2N.!<`X;S3FVG+08(A)X%7\'?%
M3&'[EHM1&'K3G5/I[M9]`+7:S89#>1FBRVXA-%J-T@72F^V&PD)Z`WD)+*86
M#*IJ.BI1<HFIA`L':V`!,D6!+@X6XH8>-O!1S=]0*#UC`A&`A0!P@QP!P\P1
M@1L,1`A@A,;X"!"AYVRP$#$PROAGAG:^.>-[XY6O:][4&J'4YL1-FEJI-&5]
MWZ;FU',@C#\]+R?`HHL,O8HK<?E,5L:[,L1;#@6,!;8BXGW<V7$+87`,7]O#
M'*QN*ZHXWC:<X\5,/:Y=KUHW_P!KT#[2\6?H_3/TR&GK:`H8[W#[GE/"614^
M8DD%5<@5K@VL6*)Z$4C!(!O;'`4X`!ECF5>_#U[/6XJ*OFIM/U4Y>&GO1YQV
MT^JK2G?%,VHVS(G2%4<CE8%3U"Z:\B4[03EPWM_WJIB$5$0%FIF0=LC&)$=_
MNIQ<A;*V218P".`&,$5?)7$]$WB?];1=+NTST&ZRPR06G;4]%[X<)_##,)A'
M%G)FR;C>^-KYXWC9[`-Y[B8`Y\(0ALLA&"%Q+<`1L7'(//,S--5.L3'3PYZ+
MUT9*!0*"O^H+^A1%_B`B3_7[UJG^7]99J_C_`&A8"LM%`H%`H*2:]/<@;?SD
MH_V7>-!8R$?<8B+YL&#]E$F@D^@4"@JGJRU4).EEHM97$9"[)#ND!PK+68C+
M1%IKM>RPL-]A.^25;NBYGBJI*,E%"S69"V*"$7NK+RDH7)DDA!/VS.#D2Q%_
M?3$><H[=.N](9P28I.'3QJ*1VVGI,5J<NN-90(^1"D'&)?>)IBMQ$=R>KR.3
M67BLHZT4R..T*'4Z2220W#26N$CZN"LI`!T1%])CC;7.W=YV=:G;0Z/3I2>W
M$8BB52$?P`;DA(6GYBOZ?%T%Y.:/),4(E*M5G1ZU9U7YH*+$C/-*/DXS&?\`
M&;%0W&5"+'#*PEA*:5<\7#.73;?C%]N''98F#9X)S/>0D8\PGI%,@Q.["+/D
M.-W^*SSB^@GUEIMY\MU2+*[`=;V9R\@.%K.=*/IJLAN0\&&<P5D-1#(+B(JI
MY4DQ:W3IY/3JH_J\2W_=`[_F@5JCYH[_`"EBOY9[O.$_UEHH%`H%`H%`H/G>
MVB>M&<-5\\&]DGLU%_FDOK!3(/63JC3,C`[8TH1:8SP*.%`3UA/%"X945BH]
MTPQ@GG0%-#-&P&NC&"CR/*:S'ATIIB(QU1>/XT_5/I'OIVVZ)]%T'Z"-/S1T
M\0.@=S6TWP[GG`X3^(`KJD-YG0"^"\_'HI`A!74G"MBEPK9<&(9%)32Z<@(I
M8@AI2:0+&:JIJF\Z^71'OQ6THR4"@4"@4"@4"@4"@4"@4$>2G$D73BR%F-9D
MCUFR@P'"#R"RSWVW4MSM\_:ULK!"BIBN6-%L39;+*XI(\%@&<(F+8F28X!C#
M`3$7MG&4M!KNV,^H#1FY5F7MC%JE78!%.GA5QQZ-YQ5%>1=+K\,>#,<FEB*W
M=E:9I\T`%S(NI'RR\N6S,6`3WTS4_#CAG3]R*LJXOUHRJC\3V:,MA[;GDHO?
M:1IZVL>GUX;/B=CF?,4I^+A<XYM+LDC@9X`#J[.E!.NJ%D5-&,"6OF*<47,T
MD0/]6L2,&;MD7Q$_IS,7HG%'1\T=L>FNNC?<W'*W'B@I+I:*^BNIL+Y$!30G
M&W%4BN(*TFFL+"%E!)5TP<TGJ)$R'>V8!LF8&+C87MD&)EC?AHYNZH%`H%`H
M%`H%`H%`H--VL[;5Z:]-+UMI]A1#=>M;6,JFAD=OZ:M.8`CL5B*\';+A*2&[
MD<DMI3+#)Y89W5T\J4<;N2`<;&U!JEDV^:@$;IHF<Y^&GC5.G=OT=.5U.DS9
MM;0/:=*)!^;72;AX8@$0X76$#9WZ85\1&012P(V!I/+SA(Z>=4LG`I`W"#N>
M)$E-W&@\QA#39<T>FN52@C6*FCY(O/US^(]][?E!&GJ#],4>),4:?HN9L21Z
MBVX2C:9B.72RHYJX880RHKFL;9J*^NG,0@\E%P+IQ16U,7&PR@H&1KWSN<YF
M9F\S>>E,E$*!0*!0*!0>,L<<\<L<L;98Y6OCECE:U\<L;VX+XY6OPVO:]K\%
M[7\%[>"]!JZU1;&'9LZN!#RM)FF)DMU\',\S5I,B`(:(7]@IY9<;%8.JK$R1
MR+G4P\O"&*\TIR@VOCA?(#*X05\#45U1E$Y;3G'9FHI[6!M3-'O^U[.[:?N2
M1V,F\/<W3IKW2-YK<LG%OU@**FRHG)RNLHA;/&U@"Q%JM)A@8"6M<=8"!,#Y
M!&L5%7S46G>B;>$Y'MQ.N#25_L.T[V7LO,MMI_Z*KJ,TA&2LW0[8#]GNPJ(>
M*N>R9"3P8W-7#79*.K_-[B860.=%[EQ1@IGY*X[*LI\L_P#K93I:VJVSZUE6
M3R<!ZHHT<#J4K!XEXZ<BF+'LFYF,^"PA4LP'X`W7.K9%Q;V!&-H2<JIN0E\+
M@'A@A01!#-5%5.L=_#FV$495_P!07]"B+_$!$G^OWK5/\OZRS5_'^T+`5EHH
M%`H%!237I[D#;^<E'^R[QH+&0C[C$1?-@P?LHDT$GT"@4%+-=>GU_:D(9,,)
MCY12N`"9K.3DC2:V(E/-@R(0/-E82TDOFH&BQA59#F:CC-I#L;;J2`S>-A4L
MXBJ2:*75PU)(-4S$3G?HF)M,>]/RK(S=!>H1IKD/EUV8HCEZ-H93&P(Q8XE)
MFRRI-9CNX@\7$\E)V-EOE)@LC+RPV.[2*TX85I.`?:O$K68+2]B9Q.7C#H65
M\8M<LYXWCHZ.^;6O=PGILU7?):FH"+[O@F/;MAN3$2C=VPM!8+(=+G=LCR>S
M)9:CJFM+3G`GH"\G,MVL)`7'2TT'(H%*+RN:>PJVR3?%2<ABRM%^F)F\:3&6
MU[STQ&5Y7?T]0T^V"X)JDZ67&TW!*$Z/!LKRZ68*0KH[):J`QV$W6`U6PA8N
M!25%M5$L&BJCG5UM2$*"&%9SFDTJGETU)(YCDF=(C2-^EQ]73-::Q"$G.%5;
MJ.H+J:RS(">KFR!<=0)`A&K#!!%C0F%Q0L`Q3)@3#'#*UL<QA,K>'._#JCYH
M]\&*OEE*NY2(NC9F>CZ=_`K+1N4B+HV9GH^G?P*!N4B+HV9GH^G?P*!N4B+H
MV9GH^G?P*!N4B+HV9GH^G?P*!N4B+HV9GH^G?P*!N4B+HV9GH^G?P*#1#M.=
M3F0DGH&S(V<L:,1WZ\YF3K7>;W+(B<*UM(45J``&2Q)S[5@"1P!%=5D<\$?;
MI(<$<XC%3B8N=SSRTM,)ONPZ4TQ;'5E3&G6G:/S/^S&P?0;LNM-.A>#DR,D%
MKI,D2`L"8.&9)L>B.54'U+D@&^5,*KA6CQS(\;*I`!LV=";#;L>-%T)/'%R%
M,J:ZHKRZL&:JIJF\]T<(C:%U]RD1=&S,]'T[^!1DW*1%T;,ST?3OX%`W*1%T
M;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T
M;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T
M;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T
M;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%!'\F:/]+$S-0ZQI7T^1'(
M;2/WXXZ"[6,@+1'`S8$8`)0)X'"0F:<JE,!Q;D%=/S*J:<+G<<B;+CVQ$L6)
MF,XF8[&B>1MB%.6DEQ')8V1<_`-!+!-'%A3T1:HLSDHZ<G-<P)B:/)S/7%JZ
MDO,@ZH6+A%@S9S(9Q'3`F.(\I-Q-#OA8Z8XJR_4B_6C*8_$^\G?PCM:=.K/?
MR9IUVHVD2VSHU$CWYH26)`;A57TWR$,")@6&661+Y0L824]'&,7R$$/*QM09
M:5C?`GG)*F>XV%$G].;7HG''1K';'N>AOF18O@ER)":X&ZS8Y7T%9)%U)'6T
M5/1%5(54XX%B.4/IJD1Q')GB1H'/`8N:*C"@#A98B!"9896O<YNSW*1%T;,S
MT?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%`W*1%T;,S
MT?3OX%`W*1%T;,ST?3OX%`W*1%T;,ST?3OX%!KLUS:X=F]L_$L$O-H3-5Y26
M00/89`,;-=)>DV/0V>RL&E%TUFDLPKHI-5'RY`@NN\ZW4`X/CF4)*1H_R9,0
MU3155IIQF=([6KM.TQ[2_:Q'BBW);;3]DCHD/#X&B,<,).*BZT960,\N$.SI
M<@I%-.1L54BMQP#)(Z4:URH9C$JKQX_$^X*KF;^"C3XZM_XQZ_\`6ZC2ILO-
M"NC-G%FG!VGMCIARY+$FNO\`<J:7=LH/"_'#''&=3]6@C"X?!'.!\^P1"PY%
MLIIG//N(AI8%\0,3%5556LWZ.'):_<I$71LS/1]._@49-RD1=&S,]'T[^!0-
MRD1=&S,]'T[^!0-RD1=&S,]'T[^!0-RD1=&S,]'T[^!0-RD1=&S,]'T[^!0-
MRD1=&S,]'T[^!0-RD1=&S,]'T[^!0-RD1=&S,]'T[^!0-RD1=&S,]'T[^!0-
MRD1=&S,]'T[^!0-RD1=&S,]'T[^!0-RD1=&S,]'T[^!04+U#[%_9DZFR2AA(
M>D>+D1P*`Y@Z(^XJ2LHB??=4SP7R5CKCCL1O&'$=QSM83'!V!KY'+/\`GB8M
MKWM<W%=<:53V3G'BULK>Q0ULZ:%`5Q;/?:(+;E0BF`09&`=>;63)J9`B>5PM
MS=$(2*$A*ZFU$P/##`J7+M:/D4]B';"XJ]C?ELQ36.FKYZ([:<I]V]PS*%)H
MU\EIRA&#-:VS38T,*1F6&6II>K;3LY";DA%7%1%3`6R,>1P<G0L,HRY,;"8I
M@;E>A-0-CAW+V;P6/$RRU3Q_K4YUQ3:)IJO\4?#,6G_7T;UE"@4"@4%)->GN
M0-OYR4?[+O&@L9"/N,1%\V#!^RB302?0*!0*!0*!00!JH_J\2W_=`[_F@5JC
MYH[_`"EFOY9[O.$_UEHH%`H%`H-,NU*VDCMT\GV3HVT;-T&8MHOJ3P[CQ''Y
M(,LI$(G0%#`R$<FB2L![Y)Z8C(14LH*2&57\@$DS=*47"OW]B;?5@SINBF)O
M55-J8UG?HCI3!LQMFVTM`$8+QUPN(:7]5DVJ-WQJ?U$+PAE1<LBOI1''4SJ8
MG*BI;)6!92&HGCW<@L:R#-JYT<ZY5@$-34\BI(E=6*=+1&D;-G5&2@4"@4"@
M4"@4"@4"@4"@4"@4"@4"@B*;H"A34FP5.+I\BYDRVP%>U\C;8?*`172`9FP>
M88*DG9&PLC*,LE+"9Y)ZXCF"*PFBWL.0/%AL<1+%B9B;Q-IZ&AE:V2>L?0$K
MJ<B[&K5&H(C)R.F%M9T%ZH591?D#N'(07(T;3V`ZCYC)799X[Q0RX0QLRF.)
M1&OA=8ELFGA\WHWCIJBU=.?U1KW[^\DL0'MUXT(/\AISVDL//39Q:F<N(5#*
MR]B(/`SY%P$Q*Y+#%F;``)"`138^(HN*BOY@L\KCD"0(R`XCG#ED)_3G6B<<
M=&L=L:^]&]U-4TU:3B*NCJ!%6250H74$Q4338!].42!L+`<H=(G2H@I8V4-`
M"8#%S)<40$8+/`0//+#*U[G-SJ!0*"LVJ;6-IGT5QX8E#4W+[3BIK8XF,$L-
M:.9F'&ZCI8/$01)9;13`SKG>"O;#/#/-/;R4H#E@<N=',2Y/`4P&6(FJ;1%Y
M:-\M7&U0VM662-H$CE1V?>C-8RR+F]:<_(N`LV2&WA[\F*H0?&X8HH2>">*B
M#7(+)`P=+YYA!F"4K,Y9!S3+'2U%'S3BJ^F-(GIGSCN;$=#.R`TCZ'5,:2DE
M&7)TU-+@PZD\M4L\G_9[+RVNJ&-\E901%!4L.4989X44Q@)FWP0E\^2%Q*N1
MR.,0*QK(S5755EI'"F-,M&U"C!0*!0*!0*!0*!0*!0*!0*!0*"O^H+^A1%_B
M`B3_`%_*M4_R_K+-7\?[0L!66B@4"@4%)->GN0-OYR4?[+O&@L9"/N,1%\V#
M!^RB302?0*!05?U3:H4+2^U&XL&V.[I,=3X65QOL=@LLTT4M57U)M,1V20O"
MCK;[<K3:Z2G)+19:\I&13*N(I&LP`22*D*Y\Q@5HL1>;:=O;;A?=&KAUZLQK
M=RS2W"&HQ,0BJ-%ZQ++C5F4T4`A`&]UVG62TTN3TQQ2"D.E850EU/,Y+X$--
MZ62R"AY$'2>-X-I:0U53+AZ8OG:+ZV]\;<73FMI!""5BYE5Q-.6FVQR2'+:Y
M'$BJ3=;!QK3WN1>">P7XC1`20'HLO,VOW=JJFIC.2WXTF$+(Y4U9P1_DY6R7
M.+)8F&?+NOGGW<ECH0GA)FL-^)^3(?<6OJ+G649TB1E)83.Q=[6551K-][H)
MD8Y'KRD%CK:,X6HZ$9725EKO)=3[YBGD8\,1<2(N(Z:)BW&_3%_S$3X.)JH_
MJ\2W_=`[_F@5JCYH[_*6*_EGN\X3_66B@4"@4&JC:A[2E,T,LIIQW%36RFS6
MUJ#.69^F'3VBABJ2JON)2,=RP'L[2!$8(Z18+?/B6N+>XQ$=SJ0&2&G'2!4!
MPN)M&Z*<4YY4Q\T[1ZL9V6NS64]))![ZD-3+IQFW:#ZE,_9'J$F=3$"4KM_!
M0R+'`HDCLSR(0*6RFY<L0*'<TDN0)KII)30BA0DUF^T4-$>_?O-*JKY1E3&D
M9\\^,MOM&2@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4$)SYIO@;5*P#\7:AXG
M9$O,10X^>:"]40LJ8$#68>05E1"4+XAJK;7`,,LK%%YO'DQ:)7OQBA\#/]*B
MQ,Q-XFT]#1"I[*W77L[E$^^MCOJ>-KL7!FS"PJ:`=6"N9>$4*6(@N1HVG1>^
MCAHF<:!PZ)?`(#$R>:2L;R#P%<<I*`&/-,SICIJ^>,_KIRGOCCZ:1DF_3KMU
MX94W^4TZ;0&,'ILX]4H?(E16G.^`A6(G>/D)S7!48<QC%""!FBJ(X8@I(\Y@
MT9`'L("20G6Z1KV,"$G].=:?CC>->^-8;E9"E^*HFCU4EJ39'9+"C!&3`EA2
M?[K<R0B-(LF&`\12ANZZ?-@IPN!_$0*R;@`.**I"C``D<#`PX6&9SM?*,Y:!
M7=M<=56O5S+<-[%K3\8>J$2/CH#NU\Z@D539NGABC6OR1DVQT)8(XJCV6"88
MP1HL74TTXM%Q,,1A8I<"*-90L=,$4YUS;JQG5_E^E.VEG8>Q$S9#`U-Z[9'<
M^T-U@&[ESIB1)QPNHQDQS80F1LNFQG$QT8\@$$U$,B98HHJ[@I%4O,N7/M-`
M96=\B6`G]2;8:8PT[1K/;/OINWD888AXXX88XX888VPPPPM;''#'&UK8XXXV
MM:V..-K6M:UK6M:UK6M;@HYOU0*!0*!0*!0*!0*!0*!0*!0*#%7,^F2RP.=/
M%XM5IEN+?/G#F<*2A`<2WCSY94-E0^+;W\N-P?OH*Q._:$Z(&/RME[5'#(@@
M/&L,7;CS37H:#RQ_:PS*,W->-8BV\5PK@\IP^#B</@JX9VE,5.\*P*>T<TDZ
MCY(AF'85D%4?#N,S1'BY80%CO-"10R"$LV'/9B*3H1$/ASXN>.(%@0!<!\[V
MMAGQ?TJU%,QBO],[,S5$VM]4-LU8;*!0*!04DUZ>Y`V_G)1_LN\:"QD(^XQ$
M7S8,'[*)-!)]`H%!2#7OI]?>H^%\F,RD*'WT$&:5CBW&,V-P@I-5XV,-A:36
M^>1'4*BKRG'+Z9;F.)3I;#L2DTSEE8DH(IGF-E4!;2#5,VF^?=[XZ*U-71%J
M?0E>($QZR1%,Y19$"<U#30CV3%J9+(#6>:<]E]ZFG1=&"5%<.4E1BAJ;;:4,
MJ,O*CHR8J/'+5<".GHSV-K;@-B].>L3W>XZ;;RZ=P;-J4GFTT.*5Z46"EQY!
M"?,IK3,MI+><*B[LGC($CHD@1HKRXE'#R>D")$0E$/!H*:0UU<8>5`CPKE&4
M&`8+!H8Q<7&VMKQPRBT\_#I7JT[Q!(3)<LX2K+RFS34ESL\6LMJB)'=UL=EL
MYML./VXP6PW4M6<99/6G$='S2%ETJZX=2$2W/'-W#*IG,T(!24C,SI$:1OXO
MSJY:2*JPC)R\<LK=T4YEF02O-7&XD\AQ`C5AL.<(Z>JE4@[GQS`O&%.D3`HF
M')AB9Y!@@X!ZI^:/?!BKY9]\4J[GV1\#OZRY*[6UEHW/LCX'?UER5VMH&Y]D
M?`[^LN2NUM`W/LCX'?UER5VMH-=>TFU:Z?-G;"I9XKJ6^9$FF1E&[*TZP&W)
M,E`T]9CDH]D6*)J4G)Q!SFU,%NIIY03<W.N%R1G(F$<()*:747,N-]&4S5-,
MU3M$:SPB/>BN>S$V6+L9JLX-<^T#45*2-?,XA9*0^&3L<V:=IC8:D$8NG0Y'
MJF5<(Y\L<))9ZZ2YCI=8.DR1,/%HHALZ1`77$\C5=43\-.5$>,[S[](W0;GV
M1\#OZRY*[6T<S<^R/@=_67)7:V@;GV1\#OZRY*[6T#<^R/@=_67)7:V@;GV1
M\#OZRY*[6T#<^R/@=_67)7:V@;GV1\#OZRY*[6T#<^R/@=_67)7:V@;GV1\#
MOZRY*[6T#<^R/@=_67)7:V@;GV1\#OZRY*[6T#<^R/@=_67)7:V@;GV1\#OZ
MRY*[6T#<^R/@=_67)7:V@;GV1\#OZRY*[6T#<^R/@=_67)7:V@;GV1\#OZRY
M*[6T#<^R/@=_67)7:V@;GV1\#OZRY*[6T#<^R/@=_67)7:V@;GV1\#OZRY*[
M6T#<^R/@=_67)7:V@;GV1\#OZRY*[6T#<^R/@=_67)7:V@;GV1\#OZRY*[6T
M#<^R/@=_67)7:V@A><=">D_4NTLV+/\`$";+S6_VK(HF/QQO1PW1S1PMF3&4
MVZ=/.050;2U8N)D&`N(!M-5RO@S+'0L\<<K%BJ:=)F.QJ>8?\FXT7-V0DHY(
M,GZE)TT[L12&78>TBRM*BJKPC&JVHB9#JPY<@0NG*"PG"BX@8E$O(5-Q-%0Q
M2KR,O4,QGQ3?[M5LHB)G6J(SENH:>G&'6$VT9FL9K'F6T&Z1"3&^U6F\7PW&
MVA)H%KV`3T9#1W(33$PB#:][!%"14``.U[\0.W#1SO?.<Y9#N?9'P._K+DKM
M;0-S[(^!W]9<E=K:!N?9'P._K+DKM;0-S[(^!W]9<E=K:!N?9'P._K+DKM;0
M-S[(^!W]9<E=K:!N?9'P._K+DKM;0-S[(^!W]9<E=K:!N?9'P._K+DKM;0-S
M[(^!W]9<E=K:#U#Q,P2H(A@R*ZBX`.-\Q1QY/D<$$+#'PY9B"B._'##&UO#?
M++*UK>_>@@AWR5HM8'*XO74(PVN,#QN.46M32L1/WRQ\>`:<-(^)X82WQ0)<
M03_EJVG:>27C>.:K;OVA^S"9O*AFM0BRN&@^-Q2K07]0SJY;+'QXA*",*91[
M</\`9R%4@@\O>SO:KAJV\DQ4[^_?NZ*O;*--+E_4PWIPUW388%_H8S&1),'2
MC/#^Q>QK.2LU/''/AMQ;X(@M^#PWM;P6NP3QF([93''")GR]_AX[XC5\]OU,
M5;+R=2=AOZ.IR]J==<>\2U_V;FD-PJ"!F'P6_2SQNNX96_8M:]^"],,?5'=%
MS%/"F>_+W[EYW?[7%_?JR+`TOP65%\-A7),\].];*XY>]D8;T@O)&,"86\5L
M4G`/++QYVQOX'P=:??<OQ]$>_<<<^@]KRVA[[_1D3:,GF&4$\(J;$36<HW)6
MO^V$56S#H9"WC[]L!QS`^6'@RL%>_#:EZ>%/C_TM5]5NR&=I&R*LH$0B$LZ[
M=;TEE,.&XB?O>/)248RR_;Q&*+]GP9Y'/Q7P#/X"6Q_1L-:UJ8MJ:8[C#?69
MGPCA[]W9ZVMC1H#0A^?+47.1_J5\K""*3XDQ^G1QQ??%-%T1=0$XUEE_:L9(
MBAW_`."F.K?P@P4[>,I6$T)[.]K8E;&((@M#%3K\8N:.8$2:B%GCXL\E`TI8
MJ(HMO>S&,""<-_!?AO2]4[SV:>!\,;<>WIZ=W6.Y#T^-=0AQ%B<P3)J5ISC"
MX*4BN)U'DGF@2U>YG+F(ZD;0.'`+P!YY!<KAP_J,L;WO5IB?BF8_C.OOQ29B
M;1$_RCS]_P#&PFL-E`H%`H*2:]/<@;?SDH_V7>-!8R$?<8B+YL&#]E$F@D^@
M4"@4"@4"@@#51_5XEO\`N@=_S0*U1\T=_E+-?RSW><)_K+10*"E^O/75"6SV
MT_.*>II4A!@R^7<1@,%)&!N\)5?YP`7-#8S1)"<?(4Z?$"R'4E'($0DWT8`Z
MM*'^SE+ABFJ:9JFT=\\(C>6LO9LZ%)MF*:C.U>VEB:&=U5OU.MAIS@4^"-FU
M]'<2',3`B"DIR&?X_<V2#J:?&R-6,!V5VWBI*IQ=%S?SC<6*,:JJB(P4?+QG
MC5/IL^@2CF4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4%=Y4U;:8X1YR'*D[Q@S3Y7C<LAJ+M2AW/^A^W8)J)PYUR&;X^+*Q=*%OCE
M?'&]K998VO8B9TA+QO"C2IMA(,<9\R@Z;8BU%:IW`&)<$'&+8M6P4#E?>Y^H
MK@)1>3P;\-LN<>Q0R'@'PBB<0.W&O<$\9B.WW^4Q1PB9V=?OEVNDV?HQOIAA
M+2XWC_@+N&=7V8>SF+`7\0X:.U>2-$36-N"]RRTPQL.-^KX+VM<:RU,:S,]G
MO\EZYX1':_>&@;6G)E[J&H#:52^5',^`=M:>T(I$R,5#R_;+!*Z(<2>Z07!^
MKPS.M4`6^&/&'R,9B9\#%'"F._,PU3K5RR<H#8Q:6%08,U*#YU(3:;ME8086
M3IB.GL1A?'GEPM](;QK#'*_#P?[7D+:U_"-EE^E3'.D6CL@P1QF9[_>G!.+6
MV8&S]8.&`Q#35'QC$#@O<9ZFW"^`[WM_:&L^EY?+Y\-_#?'/#D_#P6PMCX*8
MJMS#3LG1!:.D^*>)[$VA`;!$+<')A--L,)`-!<7Q7#`0B!<S:]N#QXX</#[_
M``T^*?JGF?#&T<G=J&HR(R%[X!N411&M?@L"F)"L8OE?Q6M@+F2!*Y<-_!;B
MCW_^'AI@JV\8]3'3OX.J[X`%0\#8C.2W!>_[(H;?YN4R^#+G`8QW+#"__$(#
MA:U,.\T\_?$Q;4U<O?!YW@S<J_\`X+#`:8'?]D=Q.@EAP6][(0I>R88M^_##
ME+V\7#[]+4\:O#_J7J^GQ[/?_)>.;:EU?PB*,:M4/+WBI=1438=OW8F@5,KG
ME;QWX1L<;W\5N"GP=:??<OQ]$>_<<^@W6RPJ?I+\Y+`7&_;`;J$42."WOVP-
M$S1.]O@M?FEKV\%[\/BIBIC^/C?S@M5]7*+>_P#NCSWN;;._I.1X2$Z,[_SF
M*JY+YE\_A_5XE>7M:_P7,Y7_`'TQ3PBF.R#!&\\_>[($Z`(C3.+<)G%3.=N#
MAS43JHH\:]O?R".'12__`%MB#CC^ZF*K<PT[>;`II:35;I6(14%MH*,+O]B8
M/EDQ)($A[X"+U\<\<ARX`8N=L[>#/C9WXWO\-6F9G%>9^64JB(PVB/FA:&L-
ME`H%`H*2:]/<@;?SDH_V7>-!8R$?<8B+YL&#]E$F@D^@4"@K3J<U-MO3(U$%
M:4V<\I'<[Q55M$9$?,/V,`.!R*#;93GD1PB=TWJXVDTT=-1&>SUY8/GE=?*Y
MBV*@IR2555H^GIAHL1>;:=O;;A?=UP6L"*+/#3?':HFR0VI"U0"KP+$9CHCM
MQH"PWA6O'LAR*X`)"'4"P2,V#B<FQBYDD)/P55%16%6Q(T@%%5L"&G&4%ISZ
MNN>\V8D!KFCCN9,CL58]F1!C&$Q9.)+LKJ38;9EF.A;BF0%&,%MML,BAO)8?
MCA7UYZ)"JDLH@*RD^SK$(W[FBY9'4S`\+:1>+S;?C%]N:983G9`FPN]BQ5K/
M>/'E&CJ`9LB1M)">AI[S:"V?;*`]$6QZ[6<3N:JJF+S2="$N)"TV'0O)`X9P
MPF#'2ZZD+:2FB8MW_P#/=W7ZJ/ZO$M_W0._YH%:H^:._REBOY9[O.$_UEHH*
MXZL=5D*Z*X)>^H>?'2"UV`R2/*98A\D.NN==,XB8HC-:"4(,!FMNMQF\.9I*
M:&*$':_+J"B9((Y!14298B:IM&K2/H-TI35M%-0;>VL^T5:HR`CI.//-G]H_
M6;BFF[";#,&`CZ)+SQ2C@(`:I(CBQ!(+J,=42`!L<[@1>0Q,@63XZ16@=*IB
MF,%,_P!JM]<NS/WQ^D:CD4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4'YSSP#PS$$SQ###QRSSSSRMCAAAC:^66>>65[8XXXXVO?+*][6M:U
M[WOP4%2)5UZZ.(6YR'(>HJ,DT^4X]C*&BKV#T<I?+#AX<!VRR@W"O@9WO:]L
M<1DX/C7M?@\5^"Q$SI"3,1K*GXNUN;\@BB$=*6E/4UJ8-6SR#!7$9DF&?'^>
M5LKX89&':<`7#B8%Q[<`@RJVR(87#C:^66?#ACK#O,0SCVIF??>]?LGVR,V?
MHH<?Z;='[>,_K`SKR7!93D$J7$_9R!"1_92UAS.&%[98E%5MHV5L[96,9@W_
M`%-I\$;SX1ZK\4[1XSZ'M8DKRK^NU9:^=1DL%C/ZT^S([-$8A88HF?A$*CH1
M(1?2SA7PY!W&*HR(8S"O?$*Q6W@IBCA3'?F89XU3W9)VCW9N[/\`@<$NH%8-
MCDR<+\`EW!+!H1^&1#`?!?GF-I!4%9()&,;VMGCDEIY`,+.ULP@P\_TJ7JGC
M/=_A:F.$=_\`JQ@DW0NS2A=";YTF*`4QL`00F4B99E`L+?L@D<"18JCX8WO^
MR&"9QM[]K<'AIAJGAS]W,5,97[H_'!P][DAN#]%D0TXA`A/""INXR`W2W%]X
M3FX]L,!\+V\/ZE3X?!?''CWIACC5'=G[Y&*9TIYY>^;S9%U'+WZT\[V6R`1/
M_P!(AI%UDR'C?QV$R5`#(=L[6\'&`4,N&_AM?#P4^".$SVY>7H?'/&(]][SN
M6>"C_O%-S[.XY?SH*+?%O`Y6OX\>3!.&PKV^#C!7M[_%M3%'"F._,PSQJGNR
M>T'37&^0F(JQFZ'*+;PW$7'":$SSO[_&R3\$_+P^_P`6]J8YZ([(,$<<^_WV
M]\LQ3H7BI+XO-6*@B<7Q74"V2O?P>_>ZJ(=O>_[[WO>IBJWGR\EPQM#.T]#1
M4FUL4M'2TW&UN"V*>GE"=K6^"UBX(=K6J7OJKM*!0*!0*!05_P!07]"B+_$!
M$G^OWK5/\OZRS5_'^T+`5EHH%`H%!237I[D#;^<E'^R[QH+&0C[C$1?-@P?L
MHDT$GT"@4%%MH#I_?FHN%PV:QV5#LH9$CZNI*,;S*'W)3UL<=I+Z2W5]D2*7
M;3M5(SD1F.%1(+2$XDY%RN?3^[3>,*:%@K8+1$L3:;Y]WYWB=+7C\.$RM*DD
M(S:T(D'9(Y=UKNE>8'[)KQ4UE6=;E.K"*\($U+Q*A,ANN9SB'W,X0F").#81
M$QRO8W@MK[390BHLYX.`_<KD6\?%EK$1RFF?PJ8ZMF>_'NMN<Z30]+<"J9-"
MEO--D6#6VY";@U`OIVRRS)?C=P:A6B,@-[$BA,QUL<BM.1!QD265-QN)65%5
MM.5B$LS:,J%Q1TSIKPBTQ-L^6F38%ITB:26BZ9VEN8\F.2D:=WDTE@VU(V6E
MYSLUE-A@QXW&"W$,F[',V&2LNM4/F$I<=*NLF&<V02^;B+-PJFF0&]BN+!F9
MTCA'Y?O5RTTM5A&3ETR:<H1U/99D$`!->;P1T83`,U87&YYN)"Z1;RF+?(P)
M80=22S8XH6(`(HF8)8L&%JGYH]\&*OEGWQ2KNB:GE:3^NZ9^WU9:13."E`6F
M^)WS-\U2,^F'&,<H9EP.MS*\Y33B7)DP+XA@%2I<)^"&U-853HI9*0T1.!,J
MJVL'"22EE#1\X7+B%B)F8B-9?/OI)TMOK;,3LEZ^]7[<D1I:!8_4S0VAC22_
MWZ_%XU(F8.8Q4+4+)^*ZYU48`-3MC@<1BB2;`++@X!`H2,F6.A74I*.DS@B:
M8F]4_-.W5B>C._KI]+MHA:=K6M95DZUK6X+6M-LSVM:UO%:UO9]X+6HY/.Z)
MJ>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;H
MFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!N
MB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&
MZ)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@
M;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ
M!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^
MH&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU!^!(F:`(>8HJS)
M@00>-\LQ!)PF;`/#&WCRSSR?]L<<;>_>][6M012XU_3`SN4]ET_%6MR7#ROL
MCU:/=#Y/@\?*=TY7*\3@]_C<'![]+3.D)>-X5AD77%LXHS*B&%C50H.`:UL[
M`D([G>=)+-F1<?$#A=BO)>)@99W\&`I\V3*^_D8QMX:UAJGA^/-)JICCR5Y[
M^I4E/]3I,T4:X9G!,?JR+Q><MR[%$>C9Y^`(T"YC;X<B>.6O:]A<03YM#,"X
M6OQKEL?UMF&VM41X^!BVIF=^'<;BMK5-GA47['&CMOF/T,RR!+LURM(I4`7]
MJPF9]_/%FFS.&%\L;F"*NAY8Y6PN!CCG^OQ?!&\^$>I\?1'=>?S"04?9#)CN
M)E`-4NL+55J5P+6QXR"N2(L(3+'X<[B"X"HJDJ/-9QPOG>_$N4<Y//''P7O?
M@PMA<6T1!AOK,SX1R3@E:"]G)#>1`8E%#`;2JC8Y<S4C+P=IMVAB7XN68UE`
MPZC3A&,<;"U[9XB99!<-\`;!89<2\O5._=_F1\$;>?1TRDD1U0WPV368'/#S
M'`PQ`+E&O)<X6+!VPM;`,*UC+\*#!`XVM;##D20N-L;6XF-\."],$\;1VR8X
MX7GLAZ_8I)[C\#=9+V:943]'`\\M0LT&!L;7_MW3R<@$S@.=K?I<40D8PMXO
MUE_!2U,<9GLCW!>J?XV[9=PAZ<Y`Y_@IN"<9!*Y6#$"R241]R*J)O)C6XHF-
MO9$ZQBPN5K>`,8XDFA@^'AP$POXUZ>%//T+53K5RB/.T>^*2$[3G&A87G2L4
M6'6>O^V=<BT=-C9Y>'ARSP)Y$2XG#PWX+"@B<'CMX?#3%/#+L@P1V]KGID`1
MFB7$NB%GFB\KEEEGBCRO*Z6'>^=[Y96L&0>Q</''AOX,,<;88VX+8XVM:UJS
M>9UF[5HVCD[C=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HF
MIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB
M:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z
M)J>5I/Z[IG[?4$,3+'Z$W<X@4D\^]C!C&>XI!L&NR7([H3[X"KU[97R27,ZU
M=+S%M:WZH?,GD,#?AR!$#RO>]]4_R_K+-7\?[0MM66B@4"@4%)->GN0-OYR4
M?[+O&@L9"/N,1%\V#!^RB302?0*!0*!0*!00!JH_J\2W_=`[_F@5JCYH[_*6
M:_EGN\X2F^WVS8P9CID60W,C,QBLE"4G,[76X3P":B-]`1RHAU255,\8RP"+
ME2A8(003/*_#?@M@'CF)ECAEEI\Q[!:L@_R@[4(ES?*B.Y6+L@-.[X-#0A%*
MP$=0U76E);;-#IYB0WJ0RN"8O':6/@:)<W&X0B9/,VR4G_TB4I%4D4ZWC].+
M1\\ZS]/1'2^I!/3R"00(I241)IB6F$RR>FIJ>6!)$$\@2!P+$R)$F6P#+E"9
M0N&&`6+`!A@@`AX!!88888XV.3F4"@4"@4"@4"@4"@4"@4"@4"@]68X`?\X,
M$'P>/CB88<'_`/:]J#@"KB*!PW&6$L&UO'RJ@4#X/?\`#QQK<'BO0=:*]6:!
MP\N[6R#P>/E5Y*#X.#Q\/'-V\5!AK@GF#6GA<5TS/$[:#QQXV0C@D5H(V%L?
M^*^:BL%L;8_OO?@JVG:2\;H&<>T6T,-7E.ZFJ>&S-P^'C6;KN)N^_@\=L;-+
MNW<2_P"X.V5[W\%K<-,-6T^7FSBIW_/D@5P;9K9[HN>0)"85IV&K9<2Q5L1C
M)(V8@GBM@".L-=&(C997\&-PC>>%^&WZ?!5P5;>,>ICIW\)8M[<)%2[^KC+3
M!K1E(83^C"M6$@A4\QP_L\4?V3BG[6S\%\>*E"7X+^*U_!3!,:S3'?\`X8^B
MJ_8>V':MW%^C'NRUU$'>5\``TC.4M%UK</[.8X*TS#EL+>*]\,C(=O'^MM:W
M#3#'&J.[-,4\*9-_>U\=/Z3<T-P?'0(OA!&D>:D=S\GC?]FXY9HN])/_`*-O
MVL,B@`E_^#'Q4M1]4SV1;\+>K:.?OM[,LSV/;:UX?K#;^T11,`)XPD)&?SA4
M2W#\6`MHCK3Q<L?_`!%2^-[_``VI\&U4\OP?'O$>]-O?>=Z-M.G?_OUM,"C7
M!S_;*1QI]9@7)XW\88"B7%99ZW!X;8CC7%$MX+WM>_@I>GZ?&2U7U>![6!*#
MC_1DW:1:TW2`)_22;8?(K&3AN']JV*;D><Q`.U_%:V186V-O!X;4Q;4T\O\`
MAAGC55W9/V'L6])"@)@*_'3J'E86V5LA!)"F`Z>S&RX>&^0F2&CM_.U\K\-[
MW#RPR\/@O:_AICGHCL@P1TSVSW)&2ME3LX&)@&,/`K4XV%K99&7D_'ZM8"WM
MX\Q`7(]#1#@O[^(98,+_`)+6IBJG_(_PPTQMWSZI4:\=Z#8,,X*;$C.!VPL%
M^+R*JS6$W%)PXY!^'#'!<24D^J896R\-KB*&&-L_TLLK7X;TM7._?_I>F-N.
MGE_U*&_DXM_HL*+WPZ;7\`9XR4Q1$C.]_P!G.RAEB?PMA?QVL/@7RO;A\%K>
M&F'>J(Z-9,6T3/3I!RFI%R?L`,>.RN7AX1L\EY8#QO\`!Q.Z:8+G;X,@RUK>
M'AOP^"GP1O/A'J?'.T>/N8Y?AN-6ES])^RP]7%AG^D*GI8P;?2LKW\>&1,/(
M\#GAX\;Y!A%L\K>+B6\%7%;2F(\?1,-]:IGP]67(4&Q6W^)D49Z:<&QX+W,+
M/++8F6=O[?)J8AHN'E[]N1`"M:_AQM:_AJ355/'EDN&G9*18J5)`X%R98`H7
M#MP!@%@0P`<+?!@$%CAAC;_]N-JRT]]`H%`H%`H%`H%`H%`H%`H%`H*_Z@OZ
M%$7^(")/]?O6J?Y?UEFK^/\`:%@*RT4"@4"@I)KT]R!M_.2C_9=XT%C(1]QB
M(OFP8/V42:"3Z!0*"N6I34NT=,S41U]P-QX/A>=2DL([,8;"()IUSN<^WF@X
MGZOW`&755!;R2G(C0:B\M**HNK::4M@3!3261U;4TE+/EB+^^YU176#"8[LT
M[1^947,CR#J=[N7CAB.%GKZ`ZR6#98C^?[@$>R2K$R@C1LE)T:NE)$#4LN7.
M+Q8$HF!'B>8R@`+3GT6OWH_$VA>G(D,\QEHZ^F^V6L@RLXD-]*[#7<6A*I&#
MW228TIEXB.D0CRB]U=MO%23F^G(I9+*JKZ'.@J4<%'@A8C*P1<,]^66U]+^\
MN-D\PO.K4F\F\.XB.\6@YH[=(;-D!@2&@^QIZLUP&FX@O%++JR<&;44\R36V
MDZ&\X4=71%562#I)3L7Q/8JA!63R!)BWXF-)]RZ35>.`5TXS"9,C!%RY=EJ(
MY@<;/$($``'($04847.^.`808>.68F>>5L<,,;Y97M:U[UJCYH[_`"8K^6>[
MSA\ZKV=[N_E`FH(]'#8<*U&FQOTYOH#"2WY@>,M-8UQ2BV#0)T%I-PZ-F2.`
M1BC&,`#G'#O@(GD1"KH4;`O-799-C9=\OTHO-OW)TZL>O_-[_22VW/`$3M)N
M,)K.B*6$S&8B)K::S52G"UD)%;Z"C%`B*6CI*6"=``*$B),`(N6+`!6QP#PQ
MQQQO?QVT[3R<IGC,]\SS\7"/:DX33^-?-\`G<,>']:BH;F<(.7!\6.@HJD")
M^[D\\N'WN&F&K:?+S9Q4[L,/:QX/*\.),\]UD?'_`-@1C"0BG#?X+&EYN(R?
M?A^&QSB_#>WAJX*MO&/4QT[^$L,/:X6>6XUR,1S0LX^'B"$BL5DL<_@OR:]*
MZ.9PM?\`\0OCE:W]GA\%7!/1X^B8XZ?#U8N-K;=1Z][-?3>\#=[_`,W[)'NT
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M_P`?NY_Y/=G4#:(=52[X5[67J1O?/^<L5F[V*8>'QVQQC]@HF05O@L$):]N'
MP96]YBHV\(+5S?/7I]^^A&KHV:6H,YQ\TW6-JT#S\/%P3]43T.`96\7!D&XT
MW`:_@][GF'!XN&]J8J-O"##7OXRP/VMF:2=^%PZAM>2UA_:$1=4*5A?.W#PW
MOB$*WEL;]]K9X6O>]6]/##WT_P#$F*K9Q5T_%?P_Z>U[HI>W_I3,NU##QM_.
MB$IE2U0O;QVR_6B1Z`%EX_!PBX\-OW7J9</V^^+&DYX^Z;Y]O'*(Y/..@S2]
M:]L7!J8VBJ9EE?@SQ<$K)F'!>_!^WB28AK*]^&W]GA_Z<-K5;5;4S?C[W/AW
MJRTCTV9"2V=6B)2X+"ZJM7`^5^#AQ5YB-D^#Q^#+(S'10/W[\-[9WM\%_#?A
M7K^F/?>MJ/JGWW,N);*C0\J<%@]0,[*N>7_LQ]0R9D-?AM:UN,#9#!%M_P">
M%O#X/>X+3%5]/A*VIGC?_P!MM>/1^65EMC)HR4,>4P<\Z+&'COG>931K'+P\
M/#?(NFXV]_QVO;Q_#?AJ8ZN@P1TSWN3[27H=S_I*=+9WP<%^=2HN9<;P<'AY
M,$+Q^_XK?^7@J8ZM_!<%.WC+W8;$G0':_P"M8S\,_P#OY0=OA\/#X>1.!7_^
MO_UICJW\#!2YP6Q2V>P?[<5N@Q_[V4I#MP^/XAP`_P#TX/%;]_"QU;^$>A@I
MV\9]79!;&#9VA_MPDK#_`/O97EJW#XOB7J#_`/Z]_P!W`QU;^$>A@IV\99@@
M;)'9Y-P2PI+3@BG1;9<;C+[TDQR!WO[UKEEYZ*)3B_\`+8O;&_OVOPTQ5;^1
M@IV3RW-$.CEI<3)!TN0(4&"X.3.#Q6S%)0PX/%?%15$<Z?M?X;\XX;W\-^&]
M2\[SSE;1M')/3?8S):6%@VJSVLV0\;<7'!OM])1L,<?^&V*<4+8VM^ZUN"HK
M(31PH2#N,<-%R@-O&*:'"+AVX/'PB"Y88V_^-!@RE*\:I'&L>?#:QSPX>,$6
M52Q\?'@][(N0S,CVO_RW#X;^]:KAG:4Q4[PP4WJ3BX,2X":=6G"/_9`14!0$
M$SO\&%CX:?;+P^"U[9<6_O9<'AJX)[.V4QQPO/9#B[[7,I?[L0L_U+#+^:'6
M`,6^7SX?%?E\RZ@!P?#P#7M\-[>.F&.-4=V9BGZ9][['LBU&*W@(,%F-@,3]
MD1?7,E07#&_BRXJ2>ME;*WP"%+W^$/WJ6HWF>S_?4O7M'9Q_$'L/U!*W@592
M;K?"S_;";C<"/WQM?WL!U`J0,VO;WKXF<?\`K?QTO3&D3/;/N"U4\8CLCU-Q
M"BI?[TRY(ZUC?]L`FJ622>5[^.W-,KJ06&-_%>V'!?@\%LK4Q;4T\O\`AAZU
M5NWWY.P(:<(G*9\L90SJP8X>&XZLM*@V>>7OY"!EC)0N)>_O\<'*W[J8ZM_"
M#!3MXRD1'CQBM_+$1&:+>3Q\.#BF04HG<W;@\7^V"!9FO!X_"+X_#XZEYGC*
MQ$1I#,:BE`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*_Z@OZ%$7^(")/]?O6J?Y?
MUEFK^/\`:%@*RT4"@4"@I)KT]R!M_.2C_9=XT%C(1]QB(OFP8/V42:"3Z!0*
M"ANT)@)_ZA88+-1AQ]$<JF4Q26E4TQY35U1E'LS1EF.1#073%\I(C>="M',C
M-=852XI)1*I14-=;QYQMLRXF\"IW/4:IFTZS'9QZ)TR\M>#C,[2_+I%O:"@'
MQ(1%W.72],L@29(*LN.9W.]456^[M/VIV(VXSV^\G,G9N=^'F,/-K.0L7F_>
MXRZ[VTSU)TKMPG.H=RC`O\W3%O&)OX:<%3G-LZ9\>[+:T0J[GB)"9&G,A-2E
MIT>2>MO)==#\>3RDU!?T3YS`SC#)04QC-YAI"'DUGP$U7M(YV0CI_P!E"?9F
M8DK-XX:Q1>\<;7RTM'#/._3:W3JV`:<(KD]KNZ?)?F8JQ$.0)W>C/5LF5&CJ
M7WTT66U8^CAM,)`3,7LYF/&RLZEQ5/):^YU92R8C:*D05Q-;18JH8H&:^L&)
MG2(TC?IG;ASE[=7K025F#9163IEQX&R;(-E@BQ!XNU*1!@L3'*?]X-E,6RC;
M5L\KF1,11%5).B#@V!+CY"ERY<(+5'S1T9\F*OEGWQ=TF:58:2@`RQ9!.V+A
M6XH8&*H9*`XVX>&]L0D[F0>%KWO>][88XVX;WOXZ8ZNSN@P1QO/;+)0-/,/%
M[<&+-!$O[]QU=P#WO^_@%5<\;?\`E:W[N"F.K?PCT,-.SHCNE>#3X_.!VHKA
MB<-[\4E(,D)H'AOP_P!%3G<5+<'P6Y+@M;P6\%3%5O*VC:.4/>7TQ0P4X.:M
M]Q%[V\5P9*D\._\`UXV#RM>]_P!][\-+SO/.2T;1RAWI>"8]*<'-/9Z5X/%S
M>7Y=!X/^G)OG'@_\JBVC9V6Z)J6\%E63[6^>V9^WU`W1-3RM)_7=,_;Z@;HF
MIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB
M:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0>,H@:6>-\<U23LL<K
M<&6.4V3-EC>U_>O:[^O:]OW7H,>.Z<XH4N'NBFNT_P`;]KGLIRJ:X?\`KR[U
MSX:MYC292T;1R<5,TQPDDYC9E6B=%R'\&=E-YOM:PQX?B0UES'PR_P#U`Q#O
M;WJ8JMY\_,PT[1Y>09TU1.+GRA1(4TD3^R(G+RM;/"_PX7.F3O%O_P"7!^ZK
MCJW\(3!3MXN-WOI4GX4"3)01+V_9P!<O*`8?NL&"5*9WQ_=D-?AIBZ*>1ASO
M>>?+W+$E_3L_%87`P!J"DD#,&W`&"$OO!("RM[W+=P'DF@#7^'(8F+>_CX:8
MJ?I\;>4%JHTJYQ?SNQW<+,Y#PEI-4EVV/O*TJS<G9YVM[W`ENO'&U[V_\3&W
M_-;QTO1M,=G^^A:O>)[??Y-W\SD/`9;RBNVQ]])U#3<G9YVM\%U24L<;97^'
MD\;?\M6U&\^^Y+U[1/O77T>/8A+:A^K(L)U(E[?HY&%S4G+Q\#C^_EB"G2:6
M,7P]^W!;.W!XL\JEJ?JOV19;U?3XFX.8U;PGI/6&N&)X\$&5)K5!@\;^/'_O
M9X7M;*WO7P-Y7M[PG#X:7HVF>V?2?P6KWCLMEXPSU)T_N(`B"G+4X2<K%0K7
MM?`-<5<!Q+7\=ACRPL+YPS\%LC0HW![UK>*F*.%,=^?H89G6J>[)W9;39&.(
MEAU0LO.,>WC&6W`?$$SOX^'/)/S3N-PW\-[<'%O\%,=79[Z;I@IZ9]]`/IBA
M0P>R4;M95+FKVQM:Z>_)#3"^'$\%L@B2<ZRI('/_`(A`B^&>7]K*]3%.\\VK
M1M'*&1E859!$.P)$U(I,&WB"*S-,1<.W!XN#`%]X8^#_`*5%<K=$U/*TG]=T
MS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW
M3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7
M=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]
M=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?
MUW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)
M_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*T
MG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@AB98_0F[G$"DGGWL8,8SW
M%(-@UV2Y'="??`5>O;*^22YG6KI>8MK6_5#YD\A@;\.0(@>5[WOJG^7]99J_
MC_:%MJRT4"@4"@I)KT]R!M_.2C_9=XT%C(1]QB(OFP8/V42:"3Z!0*!0*!0*
M"`-5']7B6_[H'?\`-`K5'S1W^4LU_+/=YPG^LM%`H%`H%`H%`H%`H%`H%`H%
M`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*
M_P"H+^A1%_B`B3_7[UJG^7]99J_C_:%@*RT4"@4"@I)KT]R!M_.2C_9=XT%C
M(1]QB(OFP8/V42:"3Z!0*!05)D_6?$T53&@0FLI<C+SC4;M:[F668PEUTM:.
M`7T9523,'?*JE@BBD@EPRB*0IGN236,FLB@8NEZ8MQKF"JP.6V5\N^8SMK;W
MGPO+T@:VX4S+2VM'B<K(C'A3"3[/.3EN'9&(1J:.1`]#T>O9&9SPR;^::^W`
M`\$M40D1`:5U=8<YY.-@-TFIBX889C#.73;C''/?+OTXI8AJ=&3.*<Z3+5+.
MM#66&Y[,U^,I_-199#X9CC%0$-VD$]?;BZ6+F@0U=J.=NN1'42F1Q+4TE8*C
M%#H@V!L`L28M[NZ351_5XEO^Z!W_`#0*U1\T=_E+-?RSW><)_K+10*!0*!0*
M!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*
M!0*!0*!0*!0*"O\`J"_H41?X@(D_U^]:I_E_66:OX_VA8"LM%`H%`H*2:]/<
M@;?SDH_V7>-!8R$?<8B+YL&#]E$F@D^@4"@4&I'5_I1U$2IJ=8,EP^B1^U39
M,!JD$744VI-?\62K'!%!$7#+@0I*;#81%1!G]C6LI&E!BLQSGPV^?4W(YVBX
MTMOI"B(\1S43$1/EPGLV16ZMG1,3N47C9J,K3WI[-V29;5E)U1U($G+Z?J<D
M9:F9GS-$9^8&<O-/`\VD!%<32&5'.?/.V47.TSKF7&O'`HK/,'KJY<4=;AME
ME:;<\LHZ6Q#3;&,H-]Y:@ICF)*9[4>D[O5F*99AL5V*;[1&<TX\C5LL)%+'G
MBJM%BBK[C6U)-<#B41RK632*:G*:(@`B*0R.853QF9RB(TC>+:]\N=JY::6J
MPC)RZ9-.4(ZGLLR"``FO-X(Z,)@&:L+C<\W$A=(MY3%OD8$L(.I)9L<4+$`$
M43,$L6#"U3\T>^#%7RS[XI5W1-3RM)_7=,_;ZLM&Z)J>5I/Z[IG[?4#=$U/*
MTG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\
MK2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3
MRM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U
M/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T3
M4\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1
M-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=
M$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-
MT34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`
MW1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4
M#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]
M0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^W
MU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?M]0-T34\K2?UW3/V^H&Z)J>5I/Z[IG[
M?4#=$U/*TG]=TS]OJ!NB:GE:3^NZ9^WU`W1-3RM)_7=,_;Z@;HFIY6D_KNF?
MM]0-T34\K2?UW3/V^H(8F6/T)NYQ`I)Y][&#&,]Q2#8-=DN1W0GWP%7KVROD
MDN9UJZ7F+:UOU0^9/(8&_#D"('E>][ZI_E_66:OX_P!H6VK+10*!0*"DFO3W
M(&W\Y*/]EWC06,A'W&(B^;!@_91)H)/H%`H%`H%`H(`U4?U>);_N@=_S0*U1
M\T=_E+-?RSW><)_K+10*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*"O^H+^A1%_B`B3_7[UJG^7
M]99J_C_:%@*RT4"@4"@I)KT]R!M_.2C_`&7>-!8R$?<8B+YL&#]E$F@D^@4"
M@4"@JC-&LZ$H&D-LQD^!GR;<:\$A*"R.SHZ>#T1(Z;KI+R&*V'9)"PW4D\4:
M[>71HK?P!0SGD:-ERS5<+A4B1!I-]?<"66*9G3SB/>ON5KJ(@#51_5XEO^Z!
MW_-`K5'S1W^4LU_+/=YPG^LM%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*_Z@OZ%$7^(")/]
M?O6J?Y?UEFK^/]H6`K+10*!0*"DFO3W(&W\Y*/\`9=XT%C(1]QB(OFP8/V42
M:"3Z!0*!0*#43KRTS:CI8FZ/GS`C7;3==I5*2D!C:C6G*3TC&08F<">S-0H6
M8TS-Y,!5FO-<-(:\]V<XF<S5!$4\AE4[)C%4B">DR6*X@#=,Q$9Y]7A,9:3P
MG+/NG.S9?'[!5V08>`ZK*4CR5BZG,=<)`M(`K)$+L<F;S$S#:;/LSF0SA@VR
M0MG8,E@Y1G*NVP##YTNFL^/GF88S.<2@2HQ'DD!*#G`6%)GJR2CDDQY+R"BF
M5.Q<V92;*264/AHAK$92$`".&CZ>8$R)VQ#S$M@7`Y*Q-IB8X$YQ9UG>^$>E
MS4!UNN+[ZN+JT\F</6JYG>^$>ES4!UNN+[Z8NK3R,/6JYG>^$>ES4!UNN+[Z
M8NK3R,/6JYG>^$>ES4!UNN+[Z8NK3R,/6JYG>^$>ES4!UNN+[Z8NK3R,/6JY
MG>^$>ES4!UNN+[Z8NK3R,/6JYG>^$>ES4!UNN+[Z8NK3R,/6JYG>^$>ES4!U
MNN+[Z8NK3R,/6JYG>^$>ES4!UNN+[Z8NK3R,/6JYG>^$>ES4!UNN+[Z8NK3R
M,/6JYG>^$>ES4!UNN+[Z8NK3R,/6JYNA:VGU1]C#<]E<MSO9T=P4CV26)RZO
M\SLO]SR_=BQ7D[W#YMW1YQR')WOAR7%XOZ/!3%T4\B:=IJMVN^[WPCTN:@.M
MUQ??3%U:>1AZU7,[WPCTN:@.MUQ??3%U:>1AZU7,[WPCTN:@.MUQ??3%U:>1
MAZU7,[WPCTN:@.MUQ??3%U:>1AZU7,[WPCTN:@.MUQ??3%U:>1AZU7,[WPCT
MN:@.MUQ??3%U:>1AZU7,[WPCTN:@.MUQ??3%U:>1AZU7,[WPCTN:@.MUQ??3
M%U:>1AZU7,[WPCTN:@.MUQ??3%U:>1AZU7,[WPCTN:@.MUQ??3%U:>1AZU7-
MT*#I]4>*K]WY<G?C=WE3N/S:75_@[@<KCW*Y?B7_`*3R7&Y;C?I\/!QO#3%U
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M=_8MW!<G=GCRZO\`/.[_`'0:OL:Y#AORG-NYWLLYWQ?T.5YERGZ7)TQ=6GD8
M>FKF[[O?"/2YJ`ZW7%]],75IY&'K5<SO?"/2YJ`ZW7%]],75IY&'K5<SO?"/
M2YJ`ZW7%]],75IY&'K5<SO?"/2YJ`ZW7%]],75IY&'K5<SO?"/2YJ`ZW7%]]
M,75IY&'K5<SO?"/2YJ`ZW7%]],75IY&'K5<SO?"/2YJ`ZW7%]],75IY&'K5<
MSO?"/2YJ`ZW7%]],75IY&'K5<SO?"/2YJ`ZW7%]],75IY&'K5<SO?"/2YJ`Z
MW7%]],75IY&'K5<W1+.G</$VT58D^I5=!MM/UEN8-+><D+"TAV!1W`2,*!L1
M..7L`8-E$OGPI''*_#SFP=L;97OQ;L71$7V@BF+YS5-NGCP\5G:RT4"@4"@I
M)KT]R!M_.2C_`&7>-!8R$?<8B+YL&#]E$F@D^@4"@4"@4%3]4LZ2?""*$N,.
M.X^76ZCLB1)%D.1ICE<Q#T5L9$8&+8Q)-Q0=">QY!4,GC(!ER#8M<,9#*H)%
M+:[K5E97L<)(J`X2Q$<9Y1>?Q'C_`)6-,VCJTH8DY+/0EBU=.27)$'0M(KH=
M;S44V869)T[1A&,@)0>ZH%CFD@ZV68XIDCR+W>,;?Z4XL'0:=JB10!$IIE;.
M@MNG/.>BT=/=,Z6M;/;&+;2:2$MOQ^8>4!,MK.34.Q(1DS3D3,S0?%;&36FR
M4&3&096>G.+%Q7=JO1^/)D=JSC":2;)*2NGW19HM=5.*!(!251AUSTF8GNVB
M^=[="[FEC4';42QG>LGDINHKMC26Y'A-_I[-=@CZ9F+SC9;[F'S;3=PZ&V3:
MPBJ9`PEJF%C[?25%(.'#C?4"PAQ)&-&"3%K=,1/-9>B%`H%`H%`H(?FMZ2.R
M6LF&(JCQ/D5X+KH2&Z`6<3H%9;)::6;#.G5M]/QSE$)TJB:V&XE)QH3()(;:
MNH*ZV914/#%-+J9E<2Q#7`5VF[[<$?.Q]LN!6>YR\&Q!)L\ZA!"LRJ%T`U&4
M<3',D2D%G3>X08N'!F$*42>G^5I#C=3<I6-$)3;R6UD\XHEA'?=60C>'.(OK
M:(RXS$3GGE:\1.O'+)8.0M=12,GUJ+37;$;N2HTT^Z15+5H'(@JVS#N<K-I(
MS<@R@08+:07"MJY$L$4;@I0`R_06<M'5P?(L7;F20$76SYF(O:VLS:W+U2?`
M4[22^9"DZ&)NC5IQG+,;,J(91,)S"D)2DMI*4?389DI&:PP;A6&+'B@"XD5W
M0[)+77T_N`,GC!(J0X4U3S`<-TM($QQC.)OPMISWCBM;1"@4"@4"@4&"R<Z7
M"R8\>CM:3'59,=3>;:JJ-N/D0Z43%-YKQ8H)FD-PLJ'L!":595/\@4'53`)D
M),+"#'LBANQ?FPH:\4C7;,:Z_P!1T](D.PZO:ABDO*$:!G$&<G.I:?0$]OPX
M',3R45:1PX8Q>!)WLK$VBL-P1\5CI0/DU]U-59.*I%*4%`LCFL.5[Y6OIGK:
M,K\=;I#9&N=3?B_HI34^"78E(.K#%\$G`]U%V,@=L1>]X\CB5'6Z(P"*DUJ[
MY=KK3G%%ZBE=V\6*AL,R@"=UR[HR6\\&O@,/S9_+PWSB.SCO?H3/$>H1>DR>
MM2$,+43N*.`(&"B\5'7',OLY5-22G2+O`N"[4A-9;@=!=#:P^#*PS0"[C4DU
MZ&`C1@1R-)KCA@$Q26RB;WOX>_<K/40H%`H%`H%`H-3ZOM$)89:[[#9`TZ-1
M'D1ZL>+75&,=I$T&EERM%PS;.\80'%\=ZH.+&(!2&W"X%J5TMTYGFSG)I#-"
M8DS%F^&Y!8[*GG6:PQ.DY<<K<)F;9YZ<9CAOEG*[KL?[.8"XHN/3R:5I"CG5
M[$VDF9"C&D-M*,:L!0EEW0,5;DD>R9XXL5\K[<66!J%83E2T1LQJNN`FZ#H[
M57@4Y#(FGS86C?A,QEGE?A>;9QOIGT,^?NJJ3H^GMCQ^MPVV2<8R'-B3!;+6
MCTG&`)F?*@=CT%[K<ILB(RS&.I:Q%#(/"&F^[3QJ0$Y>34Y"<[T'2RZ4EI9!
MQ"(O$S?2+Z9:VM,WROPR7IHR4"@4"@4"@4&MR:-=CPT^R%C:4X;0T6&3R_,"
M,A*)221C\\J[:A2%7G,;MFD"&\&4&B[G^,Q51H8J]I(R4T\PLLU<5"A7V3AH
M)$U%-])SRX99S$6OOG?3=ZBFM^8FZTII$DG3%B8E*-=.["U/-J-X@EIN.L)T
M1Y(.4@$;I"H[)12H42$%T1NLQXJ`R"&6LLDS2$H(RRQKNE7.&&F1%HRM.LVO
M,::=N6?;O$:N-/>NY^PK%,:3;>)8\SCIU1G%[U5#KXFL)C+KT?LH6$'2M/VG
M]O`,ES')'E^R614E@F0<0C'153EFXG%%+(-1<ZPQQASF-K\-N,[1S\K[,:,E
M`H%`H%`H%!1;5#JJD_3VN9J9&&VRO10A#1*G*[I=$G&&@\)%=DL/I19P,;Z?
MV418[I"D&0FN1)DG`:0UU?9^#B,KZ$VD(QD**L+2&6(B>-IS[,HOG+%HXUNO
M1Z/5JXGH2*8Q;,I_4:B:?%AJR(55I+>SATY*RX3'2G4S70WF0RFA>6T1J.MT
M1V;WHJ9!+(I:<2?1QO&UD;-&+--N.<6OEO;ROZ/VGZ],L]'QS4JN1"M(DAJ+
MYGV-&+IYR<J`IO!Q/^&Y5EN/"S4.N)"&5VR5&P2(I5WO(Z^A''*V&(UDIX.$
MHK.9`;>*FHC#G:_")OVQ$_FT;KHQ2]!)(BZ-I$&3\$D9^L%G/05*",9'`TP1
MTMY.7,T\,WF"7R-8$LCURV!C(N!D/B'86X(5\KX8F9RF8V9]0*!04DUZ>Y`V
M_G)1_LN\:"QD(^XQ$7S8,'[*)-!)]`H%`H%`H*A:D=*(NH9ZQ&]M[[M8(T."
M.13;C<(L^+'ZSS;M71F_DG/Y0;$ILEYI-WTRRR(:(,9S%BP"FURKF=/<H8N,
MM&1KEB;7RU[>64QKQ84H:$6^NOLRX'/++\<3$<\D1Y.<H1*=1V$7:DESM&C"
M:;!0I!5CQ!KE5Q"33P;!8KQ7&*V#J4VCC\:*4ME`D\B=<J,X"XNB+Z1.T7F?
MSKK9AR-LY45,:([64)VDIUW;\5L2!XE-NUN1@N$X_A-@.U(=H$=K[?-,RZ)*
MY!]6;C9:LJJ#]*'S[Q:3;1P"8C=<>!YSGQBZ(UO-KQ>?Q;A9:S3EI_:6FN-0
MXZ:(XA_`RXW.\G`L")+?;_=ASNY7,*RF.4;S42T5M-U#3`Q2C=:C;0TLJG-U
MI(J$A@\Y[GY'#!)FZ=Z(4"@4"@4"@K9JGTY%M44<)T9J4@.5AH8#S0'8O`H*
M,S7*EOA/;X:@("QGTUW\WG0UW0QE!6,IBTL-U421R*N:0$TFI!FDD103SI8F
MR!W[H&O(R493W!J&DT(P](:/:<)P44-J1&W<Y@@0=?<"RE,(PGH;#3TA@G6P
MGO![--N.IA$$54(MM[.;E,#*_D@KR`6*K<.-XURG?7CQ[(3?).D^,97<$EJC
MR[KFT26-,ROI3=K1)CE""*)&BZ?<9M4$3Q0"EE(BM#%W,?3@3(1SFQ0L&6$`
M*8&`[BY$B9BUN$WCMR]'N@G3N:B-R/V07A*SRFN49#08Z92T_GHEM!".AL&)
M<'9FP6L42&2A-]&PL25G^_G4M*N93,ZM.AZ+IK'N<CX(R$D"9OE:T1VZS:^O
M8LM1"@4"@4"@4$7S5&YF88FD&+"KY=\:"/\`:ZHU1'TP390@\VV56`+E#QYM
MJ!TJ=!3U7(D(8+%E#$O<T1N/<V1%+'02YD(L3:8FT3;A.G>J8CZ%3[::49(S
M6U`.EL.2#7&H+,*.1M1+`3526"C.%H+K*>#)W?-"-FZREUJNA-7LU8V$H)EE
M8FZD=OKA)5"YB:)J!<6O3KG.?3K=++2TC1ZR4G2HC(:T[,BNDQ3<*TTC"B<3
M#BB]5IV1@^HT<BT_3>"47P.JBYC(3@=ZD.AET(`5TC8B@%2R7?),N3%/Q=;7
MG$Y<N24&Q$"&U9?EB92:DK&%Z76_%[=7$LUD3ND)I6*@WF$C#I6(14,[B84+
M/90NIW-FS0>5RI+FH9:UA^6)T>^'HEJ@4"@4"@4"@]8V&8@0N`8N0`F8>>`8
MV..&>0.>6-[8BXX"8YAY9!Y7MG;$3'+#*]N#+&^-[VN&M9B[.(LSHM<$3GM1
MLH.=)6%IGR(5<YUD08DR`#/,?2*S959L^N1[($8IR[(\C$'FR$HZKC2&:<B.
MYB(QQ(6TTRFY%BQ8UBSO:.,<=)B8MKM*82FC)M#Q6[X_=L@O)V.22M04:ZEY
M+DH<HV4A>=DCQ;(<2/AL@!HZ6C!-Y%:Y)(A*/8X*))(AF=+LA$"Q&5SCC$,.
M$<DSGM:+1&T9^LSVO6@:1%-MZEGQJ339W>XJO(*RDC+S95V+#:V&792*DI*6
M0BENOA5C\U)#6C8(9*R7KMEONQ/*9NM77W2);->7%-0,B^5K1X\];7[ET*(4
M"@4"@4"@4%!BVA$AE)\Y/Q?FAZNU!U&9.U)E=DN%DP^<%7HY<Z`>;1.(R\DV
M8.$JI$;-)(.6":S;2GD4*)YK$XJ98C*RVO'U,M],HRTUYZVO-L\F1QUHQ)-1
M&E0N^9BD277/)T)-G3C=[.L@R4A9;4/,I.?)-M(Z:2:;:144VYA#\C.IPNMV
MJ">*:=*T83;"DB".B)*04+?.+1$6F]L]<O1T\IZ'L9(8>,3E)^EQHQ2XM/C?
MTQ2HP"0;-7T)^1@@D%Y'$/))9TMQ7*QQ(S@0G2X&\YGXSBA4\M(HZ&$:)Y*#
M*9*DWABSO:+WO?/7FO2`"&6!!+@X\0$`(,$+"^66?%#"PMAACQL[Y9Y<7'&U
MN-GEEE?@X<KWO>]Z,O;0*!0*!0*!04OD;2(IOC4:FZDDJ=WNT7*AM%%9;;;U
MF+#;V0V<D$3RN><0S&,R%'[G6V4K2#=7YF_5ELJ::J.5-1VVFGS8I%MHQ<F6
M^5K1XY]N?#@_,6Z+6]&$G(+V#DE[N5G1TKS.X(6BA9)M,!LQ8M3\Y#+FD(Z3
M64M!).IRX$A5)?;[`*N!6,%V<T'*M(5\%C+N2>21?+3;/>VGOL>L_H(@!PQ/
M>)WJBGGH3)NW4<\VVZ%<WD4=#35]3<DOB3'UW#.H=DH`,N44WP92TP$T7,X#
M)"2EA*UE`?$T.9+BF]^B(Z/AB(CR]%CH>BYLPE%D?Q$S<3=FQ'+316BC9GS&
M9H^.31B012QLZ/G?]8<.B89FS/)XA@8C#9X%@0"^(0.!F<\TD4"@4%)->GN0
M-OYR4?[+O&@L9"/N,1%\V#!^RB302?0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!04DUZ>Y`V_G)1_LN\:"QD(^XQ$7S8,'[*)-!)]`H%`H%`H%`
MH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`
MH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%!237I[D#;^<E'^R[QH+&0C[C$1?-
M@P?LHDT$GT"@4"@4"@4"@A%2;:<[Y;<R>NCKHQ!'CF.SJ:1(.AS(9,L<6'-*
M8"F;YJA*Z:`*9.`HR6",./@*+<(B7#QSQPPM:@[_`'/,7XAS]84A=J:!N>8O
MQ#GZPI"[4T#<\Q?B'/UA2%VIH&YYB_$.?K"D+M30-SS%^(<_6%(7:F@;GF+\
M0Y^L*0NU-`W/,7XAS]84A=J:!N>8OQ#GZPI"[4T#<\Q?B'/UA2%VIH&YYB_$
M.?K"D+M30-SS%^(<_6%(7:F@;GF+\0Y^L*0NU-`W/,7XAS]84A=J:!N>8OQ#
MGZPI"[4T#<\Q?B'/UA2%VIH&YYB_$.?K"D+M30-SS%^(<_6%(7:F@;GF+\0Y
M^L*0NU-`W/,7XAS]84A=J:!N>8OQ#GZPI"[4T#<\Q?B'/UA2%VIH&YYB_$.?
MK"D+M30-SS%^(<_6%(7:F@;GF+\0Y^L*0NU-`W/,7XAS]84A=J:!N>8OQ#GZ
MPI"[4T#<\Q?B'/UA2%VIH&YYB_$.?K"D+M30-SS%^(<_6%(7:F@;GF+\0Y^L
M*0NU-`W/,7XAS]84A=J:!N>8OQ#GZPI"[4T#<\Q?B'/UA2%VIH&YYB_$.?K"
MD+M30-SS%^(<_6%(7:F@;GF+\0Y^L*0NU-`W/,7XAS]84A=J:!N>8OQ#GZPI
M"[4T#<\Q?B'/UA2%VIH&YYB_$.?K"D+M30-SS%^(<_6%(7:F@;GF+\0Y^L*0
MNU-`W/,7XAS]84A=J:!N>8OQ#GZPI"[4T#<\Q?B'/UA2%VIH&YYB_$.?K"D+
MM30-SS%^(<_6%(7:F@;GF+\0Y^L*0NU-`W/,7XAS]84A=J:!N>8OQ#GZPI"[
M4T#<\Q?B'/UA2%VIH&YYB_$.?K"D+M30-SS%^(<_6%(7:F@;GF+\0Y^L*0NU
M-!^(=QS"99@KD:/FPTY_2XDE!5-1/JQP--1Y9>R6EE,U!3,FSPX1!-*%2)6Q
M@R+D"4+``896#"PQL$I4"@4"@4%)->GN0-OYR4?[+O&@L9"/N,1%\V#!^RB3
M02?0*!0*!0*!0*",$OW9WS\V$4_:N9:"D.N7:N:6MGN\&2QY\(S*;7'\VSCK
M0\HWBA>>Z3@DDE05($Q/+9;,FE`J-S@`M\DL`T94"Q;FYL\7*ECZ<(;-4TS5
M>ULMYB%&_P#M,>S?\C:J?_EZ7?6]&OVJMZ?N@_[3'LW_`"-JI_\`EZ7?6]#]
MJK>G[H9G'/\`**=GS)\@,B-FXDZG@W"_W:WF8AYJ&GQT8$,%=S*Q1&3<CHA$
MV?.!E+'#@-S(I<D:%"!XXF(`E\>+<3^G5&=Z?NA=O:03Q-FGB%F*]X$+IZF]
MS<X,1(.MH\C`+0CW:!-,=+O=3`20A\P^YZ\^4MJ"-5#6@1`QTA252YX/.W)9
M49IB)G/2W^1YJ$ZD=HU-H4HSP-`+J1KP6U=.;348S7T=F)+N7G-*6<RZ2RKP
M?39&5,1BCA1MWVJ4BQD5MF"V1,)_-!P7.<J9"Y`N:BF+9QG>.-LIBK*=LZ==
MI2&UM8VH=!?;AC%R.5V'!4[4%H4;R"8FZ$D>(Y<6(WU$R.Z63)(^3:00PF<L
ML?$=JW1V2^$4HG.`FYP7JD+J?@$CMQ563-HRT_EI,VRCI2!IMVAX4Q:])>@<
M>1HO7HU<&4IH$"M5N'D@:06HY=*Z^VF++]Y!Q**`ZD+:7'$X7<[(NP-D"A(6
M/HF/K::9.`J^0N8FFT1-IX7GA.*+QGV)0D+6)(L;:FY,B(@Q=Z(1U<TM1]$K
M3)JR,S.YSOF-E:DWBXUQU.U0*'Q<6N6+0T0S4<P$Y754HA8V90T5;/WP1SY(
MC*_;^/5RF+KV<TJ'RB%&6FQU.YT-!"+.&?VX$_FJGGHS*"SW,VG09/9`QLKS
M.6ERSWT\S(LE"6([')FV6UB"F(IE%YRHS9&+:W'LZ<HGNUCW"Q&K^9')`6G&
M3939J>C*+Q1"*"C-`-R8FQ&P3=;Y=B`PFVM.H(@8)'AVJWEISD5YSER1Y/-F
M$%-4`"ZBGC"8'`"1%YL@-R2#,.D/,51EB>B6IXF]4EG(##C96;,:QA,:A-+V
MF2+86:Y5D8,U.;C<SA%3=LPM5*>2V[B*VO168-MPX>=;M`<&90J6(BK2+:S?
M.8M$3,]]H[V!O/:0.5H*#O8W>U*RQ+T4H6H9Q3(T"4J-PNUV>DZ=F#INEI;4
M$!]'4``9Y$WM&FJ&-U1C\5IH1_)S',FP[$YJEP%A?171[X>IATSRFULMYF/"
M8EVA;:$/-07FK':?IB6<I=D&062U60S3TKM0JAYMB2=/DNZB6D\'@]"R.H%V
MX.2;4+.]!>K;1T=WC(K@P)X-E4>Y$V6-CC#K-\HB;Y;3$9<XM+H&1M.!W@VV
M:JF-.;I0'!-3&@=]:>&F:D)HGC4@$I[>*@QT0J]%4@7%3(T%;9Y-'=+B$#%>
MEO8!EBI)8:@\L1F"$,/3I>_1:+]]](Z=;1FY#FVDR^AV>:*FZ:%Y<?L.L6?W
M_.C:M)[634ED)>G!08V+R)-9SF4D2S]4W>W)#;#JC`+)&:Y=9('K$7L9CQ3+
MGBI,8>G6UN^]K[:9Z]Z:=7<G3*E,J%5*"O9V$AOEZ!&I/68E:L=/N=F[%-X\
M=*Z66XQCB3AQVZY5"SWLPTMU\@VG^M(K5558TDLI1-965D0D6X]U\HOT]U]L
MU/6UM%9%9!N.P'-BE3LP+Q'JR<#N=I1FN2$YT/25$.H:!H<BB,G+#;_2&@6C
M^2!QIP:;.DH@LDF\V51UN0%_-L=H,-#Q2E\U-,6F<XM-.TQ:8F9F\:QE-K<-
MY6-RUU/@203&G@AIT%/ZJR"DOC*$6ARTB`1_9AMUCLQ\FI#3I=--8(4XEG<)
M!:K+348U'Z:O9OTT>)GR*<SB%WR,2W&^7CROT2ZO3GKI/RUJ>F#3,J-58+/Q
MJNS%V&FXOX(C8/0Y#>>GW3B[PDER"EC"D"_9"M*\MGT)31V>96R[83C.*DZW
M"AIQE@`/833:(GA/CG,?ALOHRJSJBU@1)I$2&FM2P7?)@H]%%23$:S*9RDZ\
M\3"26+&C=U$0I<(HG8W#-@<UP-&<#!Z_.,B8`X9,Z(7L1,Z),Q&JFOMU.C?R
M;.W5$J>L*N"K;QCU3'3OX3Z'MU.C?R;.W5$J>L*8*MO&/4QT[^$^C]A[:;1P
M()@'9-G;A$SQPM_ZH5;+PY7MC;]$,]GGEX;^+##+._BQQROP6NP5;>,&.G?P
ME>?4D]).;^G1_O*!DX@JRCFV"`L=IJ_@E)^9Q87CZ80)`%4YXK;/1C3KR`4L
M_8JV',OMT@NNVR0W%913@5`<4++<6O%]./OSZ&LM1UGRPP8KGM'(R?*K_F)"
M6-.Y"-HRE_2\88FKT,>47@YB3_1VK'+48[/B2:[GX^C]_+\#.YFD#K$+.]H/
M5/E]S8M-F*ZY@:MII$3?._PY;ZS&L7B<\XW<!0UVR(\83T)+;:F94P69CD1X
M,:<79I[@HQ/KT('T'3\\9?1VR5C9OLZ1K`O-/Q!9($L@-9"5DAGK^3N20S2<
M41S%B(MG5EI%XO-N,1O'3;H6Z:,MZLL-#$L22KL=P+NH)$*3<7A)/4XK.-QZ
M/Y*3'(XD>"'H]82!5"Q]O.%PHV+=<+I8]SK;-B@6,"F$MCC'Q4%"),1BMPRO
MG$VWSTFVZ#&3J:U&R$]V9I?39++LB?%!V3`HRBOR?IV0D-=C%K1K'$2NALL\
M@P6G-[Z8;M,OP_,#0=!5_(DGKJ0*S@'@UP2*6\TD<\WQ:(SUC*V>M[]'1.67
M;PF/HPV@6H>6&&3U$E\8Z:S!C=^Z&XBDZ(`FHIJZ@_'-JA`@C*37:TW\9<Q<
MZAI+.OJ$;HT4)G<!1[OC,I=(N@V<NZD\PU)?;W?_`+$]BX8TSTJGLM>W;IGM
M"V>I;5V[-/$[@(F#9-OYD[AD!S`,-"R1$QS+TBOC5+#4!-BY!Q+@Q4B4+@82
M;D*,3/G"B<-</E!S1;+'$P'4B+Q?IMT6B+L7.Z^G\?/NB+6SIS.GM0;&#G4W
M(3*+R>W<VLV&]""##"ZI.%K/A20$[!]*CG)ZA(N]A37/MMG!GU$=S$70MM(F
M@X*:F+<;Y99VWOKRE%D`;4PF_P#<<QE=H%'0ZW"W].3)DIU$78D(ZWC.$VP;
M'$HAG4*)R20HJIJ*22C)+9178]PE(B*U%!24A2;26FVV%A<+B:=9[>43;.=]
M<ER=)>KM-U:`R0;;T<NED$HA<V$42'F[#J9<TD:@&[SO&78F(%D[(P&MEXK&
MS;Y,X_R)J[8=AQ>N&U\C@"2H&,23%K=.?=PYKA41$SPF=G,=9R0EH->R/8%P
M#.5R",9-%N3,6RR#XICA##$RX,?T^2X^.&7"'EE83'/#'44S,7R9FJ(FV?AZ
ML6[Y:.?B75Z/&/XM7!/1X^B8XZ?#U.^6CGXEU>CQC^+3!/1X^ACCI\/5W;<G
M=CNA;3T!-"<6)Y2&R`+7-(1D$ORE@\Q?UHV.0G)8<4/+A$RQY/#]H3+#"V65
MI-$Q%\EBN)RB)]]Z#]:;ZG!G(\4%8;]G19,<$@'P)=6H<:T<R%.;<CA-9+G/
M@K$8QW)PAE`<PEWY@RDMUCDVK(*XCME3.CI3*.#F;K:!EN+9W[KWM>_&W1V=
MO"=<DK[0J8FK%D#AQY+B"]G>>?$IH\KO=3@QS,$S'J(W)8(QG&3@U<LJ0TIJ
MA:<&&G*RH$U-1JY<NWW)[*">;DAA$P9(+@$;IK#%YR\>B^4Q>\[=&J0)\UAS
M(N3I);?T[R5+1ILDM&^F^?=/R%#VDI8U`M^3GE-RWJ8LG8R4Y2[+.91\UG(1
MC&.BR+[)'K%P(A(^Z#V"\3S35`\D"(RB]OFF)O-K6PZ9],[K#:T)UGB+V#HH
M!1#3GCU]SG/B-&TO$XBCM%FYXI!>VD_4=,*^@,!KKA-8(+/,I!BUOES*O8L:
M&!:919.!B6QSS&Q)3$3BZ(O%\OY1&=NB>;"P=9#_`(F76PR%I+E^<7D\&O"V
M#>0)$9\?0(X_9)-DWRU&J(;=:<41B&38*(V+**C+7_=IR]FD7++B2E*ZZ:%(
MGQ:^V5[VSRBVG-Z9*VJ")%L9`2"Z(E(IZ@W"^H\S*K).S(T@7.C6TMRFNQ/)
M9.*D4FCJ3EEHT<56RMKS64SK<CME9MX)/L\7BRG"J%V_88)\K3;+.+Q>>&6N
MO1=F[WVCZ5&*\]%60H;<:#!['DN?HC498*NU!5U<T[]/,`29J6=9XE')<J$>
MNS3\;Q(\R"<M&'"`M6?!,JB"M;N&<!=5Q%,SQSM$VZ)F(YWF,G.=.LN3&(H,
M0S,4&.&'05#&2'+W)`D**W.VWHU&EIUDB9;)YQ_.$RS4=F.5`,L<=*=0"F>1
M6L@K>228%?RTRCQU;+MNG_I:.$W[IWB/?E=#5]I>M.A0CK-KL+(P,@:AG$R9
M/:L5*X,TX2@Q@]`&JC5(UTB('&*W&2867>J.^)6NB6+D44`F86DXRB)"\N(Z
MQW2R+AU[+Q?*WQ4QGSE<K2]JI*ZFH_?;L(HS305)D+0B$=)-.3V_)I($T*UT
MIREP%<,LG-AY,MR)UE7N8X&;(K#9ZX1/DA328$NMLZDN!0,S%IM_BG4$;1]^
MK\0:>G$](=.N_)5A/9XN>>I63'2VVP1(O'7,19[;13S+CZQ$P:6RZ&^W#W3>
M"7FH-LNBM,T$9;1ARJ@-V]8LTVFJW"JJ(C^N_=IKW.C=^U#<C5<$7RJX(H4&
MMIDD&`YXE-@F[N=I*KFELRC2WICBN%\U0,S@E!1&=<2G,MC8B<J+"RBEV\[T
MQ5<*X15&XLH26(IYWSRTBTS/;IX<Y`4-J>VFU'P#]=,-N`Z6O,9S3KGG&;P2
M)!;RS-KC8K<>L&MICN8PE-,-S-F9SSA#C,N]CZ:VD]@2J6S;SV))Z#SAUE!A
MOROG%LL[S.NEK\;QIGDVHIPIX=/(#J9,%/4AB9450(%SEU`N1/"`89FR8!^Y
M8G<\"6'N("$<N4*W,X88C<V`X_)8F4>1%_NHK?.?-W_WG?U!)]`H%`H%!237
MI[D#;^<E'^R[QH+&0C[C$1?-@P?LHDT$GT"@4"@4"@4"@C!+]V=\_-A%/VKF
M6@D^@4"@4&#O:-V7(V3.S>2-W8R8#X1)':5^Z"JG]RGFW05`NC+%[)9XE8_S
M,%4/8=SE.QQ*,<OQC1$?(('(,*O%]G5HY)1TFQ0EQ#FAL1&9KK8".D-Z1)4;
MIM(:KVEAL3BX2"4X$-\)[C3C0THLUL.9-6B:N`N-[%&*H;>4DMN\JD"&L4\[
M3I'")C;:992@Z)-.2"8,J%VN]G.OFW7&#S,/"2)OG25WZ(LPPO*3HBTO9_R;
M)+M>@;:93C6EM;1F4&O8,S!475PZ.@CF%E3S-$O/*_"(UUT9TCZ:(20&M`K,
M1V58@W],BLF+L(``N)UW4&6KI3'<\;AJ&:Z(NYKSH,J++>CK17'F\5-P>RO%
M>4C[GLKJ@]SMA><^G7G?S<E5TYPTMR7C,"FSN<R+BO,1SV</LA=(/`N1HVY%
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M14`Q92PL'W`TYE93I<KHD62G2\7>A:@0(X)RW[+7>ONY0<;C5G.FQ#&B*37U
M92-+C0;S,1&VR%!MH!;N;D+SY>#+BFF.#R+\;$F%63R3W9AQKJ#;6O9*[L^Y
MIMEQC(L-MH;N:(OYI)SN;&\LO]N<F?(&@CG=_NN?P-+R4BJB<+S:W"?6)_$,
M+,Z(M,QAIMIEX1X;(HK+CF/XJ98R4_)&2W`SVA%+G+/..+-=UD':`YT-RLYT
MDRJVC/E/5P'L$;`PL,X1@+Y`Y#%/C?2-??<YB)HRTYH*,MHA5BJ!P-T1_*L9
M.U56WY(B^YW>U)O62#@E7%UNM9=9UQN!P/%62T\R;>"HIF7:G`DRR<AK:6E@
M!$L!>?+PT9?*&G.+9<0F,B.<BYTL:,%`)4CATL-_OJ.'XR#V"";:XV;??C%<
M*`["Y52;A\XB+J6.K&4AQ)H^15?(*0>(=L"1-O=T89:"]+8Z.D(I]@+2N72D
M"8VV8/+4G2LK+SI(3^J-9>EDV_G(?>PZ_(*\YG&QV8Y2;E>BBN.!IN-IMI;9
M:DW5)"2S!4N*><Q.D:QIPRMT/08T%:;S29S85)DW%Q9N97=IN4`)]G8K-BFJ
MK[23&"M`*TUEI&"E)305%D(B&U\VN==@S;+)J$@YD$HH?0D<Z1&*?\M%M;Z6
MMJSAK:1-.K(6FBX6=&Q-L+##=N;U:)Q#7G8F]PU@:'VQ`I@D5+E5X,KFTC45
M,IG-LXP3``S%.&FJW7.9;@KM14Y=+B\Y]/K?S]-%D:(4"@4"@P.3HR8\QL1Q
M1K)"%@XV8Z2H!982^?JB28OD2/%55,44M:0SJ8O("ZB+!`@M-]Q(*FF+S?7$
M]/6D51(*A$H;!&BN&&@O3QF64A%(M+#@=RDL,I=QE5R:@9T7IE1CT<!NX!C!
M-665*0C#\:*2W2T@/TJ"WFPN)+?4B[Z>P:ZF*OLO<EU0N*>7"T6SZ+9Z1KM&
MS)HUT7:<8C/MA38K(6""@SI&>$NMXVKR5*3M$)R9(;)48^?[T&L[GJN!J"X^
M6^LK1IX&%+`W@Y'>MK4A+`1M_+"DY30O,\K=VWOLT3=)$=-"6F.XHZ?B8.K-
M-TDL"2L3)JRRWU#&P!D`\2/)+@;J@DN%OK24HE":HBKZ"J)JTBJQ,FJ)1\F?
M*%S`9(FTWC@K@8T'Z=S*-<B*0D[%QB/<](AJ5BTZS41F\\ZU1E%HV4S1R:"#
M\+24,EG8])$69DVO9+BV"J$G)0*<CDS".DF21<4^XBV^EK.Q`T-Z923G8SF2
M8_.(`<>$(J((#.;KV?B#&)J\%8!APHI.>+DIRE6`\5R*>0)",=<=+=5U9&,(
M[;-!FQ#32:HR*+SGGK?/CGKGKGQ[921(>G.&Y5=!1YOUG]WG(01VV@%%'V0N
ME+Y)):,I,V:6\4YFC+:<0S[GR7'[1<G+B%<S)ON3W'.C&4`^II9T7FUO>EO)
M@3ZT6:=Y"5UQPK;4<R:XG.XG8Y'(XF9*4JL!?7!7\TH_8S\0E%99+T0%$5E/
M-L15')%R,3`P&SU(XS4%?$1;.,@"KXB\PZ]O:&--C16&\K-5JO!M@-DHR04]
ML(DPS$FL8TIQNP4>+F"[EYC%7X&U',_FFPFZVV^D/UPI*F[P\6PU%0=9,+C3
M;*FDC%/N(XS?76,]MY2%#6F2#M/@R@/#;%!8MU=JL=GK("<NN@V26TV.RBD0
M:ZJMIZLMJ!%9>^!%5,DEZ2%,N:D)XE`$HN\7.O`H:+@GB9F=?=_>B>*(4"@4
M"@AB8X#CF="[5]FX#H(K3$6S+B8[S8+\>L8OUH*Q]*.(2H*A/6/EYMN0J16D
M4^;2EY#$41D%?(B8`+*8>Q+%>1+$S"#3VSRTJJ*0513#.>V)/-'>3>=HQ:;)
MM**LM-^0W".ZWRASFN%9""69O2G2X39X^K%)4/NP,4%26$8/DD!<64H^7%.^
MUM,K:6V[DW17IWB*%5`96CEMJ"0J&(RBV'#"DJO%[N\\/&\*G'^?C%MC&GDX
MW`.)BU3$HOBP"KGG=;42ZP"365)1)HR$`F$O,\YGOFU_*&8/"-&2_5R,7([$
M7NJM0V^S<EQN=[I*Q'V./8]';_B<TM<W33Y,HK\JP)0?2#W-7@%1)P[N=U`R
M&"TF(ZBGDO:_3E/.)\XAB+NT\0\^I!2Y4=30[J/Q&Q8&*:N]WW01YMC%SG<;
MR8MNY:<M%$8;N&Y':X%+A'3Q;J?=#F:Q=0(%"14L6\QX^.ODA9\[/G2K(0+J
M*N!D.PL1?J9*2)("<UYCF9ED'^B3*_'7)\@(CV*M%_HH;F15)^OEWN--2%7G
M":VQ7$K)K<*I2(<&3,BXI\N$3I%HX;)$.Z2=/BJC%F^N1\&XD<O(+XE,4BY7
M([W""J/N2HL>\*OQ;7[+"^=]D03IC*1WLV55%7;J"`)BO#JH:4$N%B"D4)BG
M?A$9991,3'9G$(V]KRTGF4-40%]ANE[%UA.6T0^IR!,4SOQSBM]=C-Q0Z,W,
M7:ZY`5G,$@)L=.URH3=20U7$HVSJXJ.M$#(O,^;<(PQ3_P`B(XWTB/>FCDAZ
M`-+PAM845YI/9[*CB4,5=P*DA37-C\4%I8W/2O``JJHFG7(2J(,<,0Y-DAL(
M:UN(6[CJ*,($7"4&>SSJ$,4^XC>)VWBZ8HGT^1K#`#OQ:`+P4E)_&4XP\G/(
M4DR'*CS<.**D8("&2/O*27.Z7+W+1$?"Y-*2P%,%/)B&%!1P+W5E96/G1,W_
M`.1'DP]N:-].#29A./F_'7<]H$$/3JVBB1[+WV:Y)%TG'T53@`ES\ZYS*F)[
M`CS=1Q^<BG<S;IYGR3T'<8)@T&.+S.>]YYZL$RV>6DT515U`Y'[D4<5)L/EF
M)B0HR],AUM,)L2.[FU(#O28G:X[_`,F_$F)U\LUJ.Q,/1NFMA4:RTVF^.TSR
M&$A)`!(N*?+A&=HM%\L\M[WXNU/Z"]+J^B"(+U8:[)14SG(1E0-2C*$JR.K*
MJM*#*2HW=CD555XO58/'G9A'J,28[2=@XV3BCIIYJ2!'BDUDQ:62Q\EY]Q';
MYK9I2:71TQ.2">9X4HE$"::5$4U-26E(0N1+AE0,U!9639]75CV806.1M353
MQU2/CW$-'C9@T**-F1'\1?[J*WSGS=_]YW]02?0*!0*!04DUZ>Y`V_G)1_LN
M\:"QD(^XQ$7S8,'[*)-!)]`H%`H%`H%`H(M641\)[X4G<T2C55@EQJMEN'23
MC6U=!$(B-=7>"F":*C)C<<>)[`_B[A`10A@R.1/).PSPS-V.98E1EQ\K_F'[
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M&@DZRY8A8V,3)YF[EKF;E"UA;`8$9M0*!0*!04DUZ>Y`V_G)1_LN\:"*8AU^
M0ZG1-%Z>.VI+S&(1VRB0V02.UL@LA2K:3`!,@\LWEAG<.^>%[X7RPPROC>U\
ML<;\-K"<LDB>V$PQYLR?]2M3MK0/;"88\V9/^I6IVUH'MA,,>;,G_4K4[:T#
MVPF&/-F3_J5J=M:![83#'FS)_P!2M3MK0/;"88\V9/\`J5J=M:![83#'FS)_
MU*U.VM`]L)ACS9D_ZE:G;6@>V$PQYLR?]2M3MK0/;"88\V9/^I6IVUH'MA,,
M>;,G_4K4[:T#VPF&/-F3_J5J=M:![83#'FS)_P!2M3MK0/;"88\V9/\`J5J=
MM:![83#'FS)_U*U.VM`]L)ACS9D_ZE:G;6@>V$PQYLR?]2M3MK0/;"88\V9/
M^I6IVUH'MA,,>;,G_4K4[:T#VPF&/-F3_J5J=M:![83#'FS)_P!2M3MK0/;"
M88\V9/\`J5J=M:![83#'FS)_U*U.VM`]L)ACS9D_ZE:G;6@>V$PQYLR?]2M3
MMK0/;"88\V9/^I6IVUH'MA,,>;,G_4K4[:T#VPF&/-F3_J5J=M:![83#'FS)
M_P!2M3MK0/;"88\V9/\`J5J=M:![83#'FS)_U*U.VM`]L)ACS9D_ZE:G;6@>
MV$PQYLR?]2M3MK0/;"88\V9/^I6IVUH'MA,,>;,G_4K4[:T#VPF&/-F3_J5J
M=M:![83#'FS)_P!2M3MK0/;"88\V9/\`J5J=M:![83#'FS)_U*U.VM`]L)AC
MS9D_ZE:G;6@>V$PQYLR?]2M3MK0/;"88\V9/^I6IVUH'MA,,>;,G_4K4[:T#
MVPF&/-F3_J5J=M:![83#'FS)_P!2M3MK0/;"88\V9/\`J5J=M:![83#'FS)_
MU*U.VM`]L)ACS9D_ZE:G;6@>V$PQYLR?]2M3MK0/;"88\V9/^I6IVUH'MA,,
M>;,G_4K4[:T#VPF&/-F3_J5J=M:![83#'FS)_P!2M3MK0/;"88\V9/\`J5J=
MM:![83#'FS)_U*U.VM`]L)ACS9D_ZE:G;6@>V$PQYLR?]2M3MK0/;"88\V9/
M^I6IVUH'MA,,>;,G_4K4[:T#VPF&/-F3_J5J=M:![83#'FS)_P!2M3MK0/;"
M88\V9/\`J5J=M:![83#'FS)_U*U.VM`]L)ACS9D_ZE:G;6@>V$PQYLR?]2M3
MMK0/;"88\V9/^I6IVUH'MA,,>;,G_4K4[:T#VPF&/-F3_J5J=M:![83#'FS)
M_P!2M3MK05"UIZYXE<T6H!`@W9%!&!?Z6;RR-I+:##N&&W74#?'&X+N,97SO
5D8PO:U\+8\6V5[Y6O:UKEB+Y0__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R39.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EKH">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance Premiums (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RollforwardOfPremiumsReceivableTableTextBlock', window );">Rollforward of Premiums Receivable</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,051</font></td><td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(120)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(50)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(38)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >875</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,228</font></td><td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(135)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(45)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(25)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,051</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock', window );">Undiscounted Future Premiums By Period</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collection of</font></td><td style='width:162pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:162pt;text-align:center;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ended:</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ended:</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2016</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2017</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ended:</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2024</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >282</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2029</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >204</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2034 and thereafter</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >213</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:15pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,111</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock', window );">Unearned Premium Reserve And Future Premium Earnings</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected Future</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Future</font></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium Earnings</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:40.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Upfront</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Installments</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2014</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,986</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ended:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,934</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >58</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,883</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,834</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,786</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ended:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2016</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,603</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >102</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >81</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >204</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2017</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,436</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >74</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >187</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,286</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >168</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,148</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >78</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ended:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2024</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >613</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >294</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >241</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >599</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2029</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >288</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >171</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >362</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2034 and thereafter</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >146</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >142</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,083</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >903</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >236</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,222</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RollforwardOfPremiumsReceivableTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Rollforward of the financial guarantee premiums receivable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RollforwardOfPremiumsReceivableTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount to undiscounted future financial guarantee premiums to be collected by period</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Unearned Premium Reserve And Future Premium Earnings [Table Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>R112.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ENZBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance Regulations And Dividends (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Sep. 30, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPolicyholdersSurplus', window );">Percentage of policyholders' surplus</a></td>
        <td class="nump"><a title="mbi_PercentageOfPolicyholdersSurplus" onclick="toggleNextSibling(this);">10.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPolicyholdersSurplus</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfAdjustedNetInvestmentIncome', window );">Percentage of adjusted net investment income</a></td>
        <td class="nump"><a title="mbi_PercentageOfAdjustedNetInvestmentIncome" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfAdjustedNetInvestmentIncome</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_MaximumPercentageOfNotionalAssetSwap', window );">Maximum percentage of notional asset swap</a></td>
        <td class="nump"><a title="mbi_MaximumPercentageOfNotionalAssetSwap" onclick="toggleNextSibling(this);">5.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_MaximumPercentageOfNotionalAssetSwap</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesSurplus', window );">Policyholders' surplus</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesSurplus[us-gaap_RangeAxis=us-gaap_MinimumMember]" onclick="toggleNextSibling(this);">$ 65,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesSurplus<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RequestedContingencyReserveReleaseToSurplus', window );">Requested contingency reserve release to surplus</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_RequestedContingencyReserveReleaseToSurplus[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">1,100,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_RequestedContingencyReserveReleaseToSurplus<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount', window );">Statutory net loss</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesStatutoryNetLossAmount[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">35,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesStatutoryNetLossAmount<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesStatutoryNetLossAmount[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">494,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesStatutoryNetLossAmount<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesCapital', window );">Statutory capital</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesCapital[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">859,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesCapital<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesCapital[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">825,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesCapital<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesSurplus', window );">Policyholders' surplus</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesSurplus[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">542,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesSurplus<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesContingencyReserves', window );">Contingency reserves</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesContingencyReserves[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">317,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesContingencyReserves<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member] | Minimum Surplus And Contingency Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsInCertainQualifingAssets', window );">Investments in certain qualifing assets</a></td>
        <td class="nump"><a title="mbi_InvestmentsInCertainQualifingAssets[dei_LegalEntityAxis=mbi_MbiaCorpMember;us-gaap_StatementEquityComponentsAxis=mbi_MinimumSurplusAndContingencyReservesMember]" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentsInCertainQualifingAssets<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_MinimumSurplusAndContingencyReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member] | Loss Reserves And Unearned Premium Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsInCertainQualifingAssets', window );">Investments in certain qualifing assets</a></td>
        <td class="nump"><a title="mbi_InvestmentsInCertainQualifingAssets[dei_LegalEntityAxis=mbi_MbiaCorpMember;us-gaap_StatementEquityComponentsAxis=mbi_LossReservesAndUnearnedPremiumReservesMember]" onclick="toggleNextSibling(this);">50.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentsInCertainQualifingAssets<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_LossReservesAndUnearnedPremiumReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member] | Policyholders Surplus [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutorySurplusNegativeImpact', window );">Statutory surplus negative impact</a></td>
        <td class="nump"><a title="mbi_StatutorySurplusNegativeImpact[dei_LegalEntityAxis=mbi_MbiaCorpMember;us-gaap_StatementEquityComponentsAxis=mbi_PolicyholdersSurplusMember]" onclick="toggleNextSibling(this);">106,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutorySurplusNegativeImpact<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PolicyholdersSurplusMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries', window );">Maximum percentage of statutory admitted assets invested in subsidiaries</a></td>
        <td class="nump"><a title="mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries[dei_LegalEntityAxis=mbi_MbiaCorpMember;us-gaap_StatementEquityComponentsAxis=mbi_PolicyholdersSurplusMember]" onclick="toggleNextSibling(this);">50.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PolicyholdersSurplusMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member] | Surplus [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries', window );">Maximum percentage of statutory admitted assets invested in subsidiaries</a></td>
        <td class="nump"><a title="mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries[dei_LegalEntityAxis=mbi_MbiaCorpMember;us-gaap_StatementEquityComponentsAxis=mbi_SurplusMember]" onclick="toggleNextSibling(this);">60.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_SurplusMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_NationalMember', window );">National [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">220,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesCapital', window );">Statutory capital</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesCapital[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">3,300,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesCapital<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesCapital[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">3,300,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesCapital<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesSurplus', window );">Policyholders' surplus</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesSurplus[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">2,200,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesSurplus<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesContingencyReserves', window );">Contingency reserves</a></td>
        <td class="nump"><a title="mbi_StatutoryAccountingPracticesContingencyReserves[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">1,100,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_StatutoryAccountingPracticesContingencyReserves<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount', window );">Statutory net income</a></td>
        <td class="nump"><a title="us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">$ 238,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">$ 256,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceRegulationsAndDividendsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceRegulationsAndDividendsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsInCertainQualifingAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage required to be invested in certain qualifing assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InvestmentsInCertainQualifingAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_MaximumPercentageOfNotionalAssetSwap">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum percentage of admitted assets the asset swap can be without three month notice to initiate cash dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_MaximumPercentageOfNotionalAssetSwap</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum percentage of statutory admitted assets allowed to be invested in subsidaries under New York insurance laws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfAdjustedNetInvestmentIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of adjusted net investment income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfAdjustedNetInvestmentIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPolicyholdersSurplus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Policyholders Surplus</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfPolicyholdersSurplus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RequestedContingencyReserveReleaseToSurplus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of contingency reserve requested to be released to surplus.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RequestedContingencyReserveReleaseToSurplus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesCapital">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Statutory Accounting Practices defined as policyholders' surplus plus contingency reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesCapital</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesContingencyReserves">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Statutory accounting practices, contingency reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesContingencyReserves</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of net loss for the period determined using accounting principles prescribed or permitted by insurance regulators.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesStatutoryNetLossAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesSurplus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Statutory accounting practices, surplus.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesSurplus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutorySurplusNegativeImpact">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Impact on statutory surplus due to maximum amount of investment in subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_StatutorySurplusNegativeImpact</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.9-06)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 06<br><br> -Article 9<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph b<br><br> -Article 12<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 3<br><br> -Subparagraph (SX 210.12-04.(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of net income for the period determined using accounting principles prescribed or permitted by insurance regulators.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.23(c))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 24<br><br> -Subparagraph c<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaCorpMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaCorpMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_NationalMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_NationalMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R54.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EKMAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Variable Interest Entities (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets', window );">Carrying amounts of assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" onclick="toggleNextSibling(this);">$ 5,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets</span><span></span></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" onclick="toggleNextSibling(this);">$ 5,600</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities', window );">Carrying amounts of liabilities</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" onclick="toggleNextSibling(this);">4,800</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" onclick="toggleNextSibling(this);">5,300</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfVariableInterestEntitiesConsolidated', window );">Number of variable interest entities consolidated</a></td>
        <td class="nump"><a title="mbi_NumberOfVariableInterestEntitiesConsolidated" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfVariableInterestEntitiesConsolidated</span><span></span></td>
        <td class="nump"><a title="mbi_NumberOfVariableInterestEntitiesConsolidated" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfVariableInterestEntitiesConsolidated</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss', window );">Net realized gains (losses) related to the initial consolidation</a></td>
        <td class="num"><a title="us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember', window );">Advisory Services [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets', window );">Carrying amounts of assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets[us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">751</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities', window );">Carrying amounts of liabilities</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities[us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">754</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member] | Collateral Loan Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[invest_InvestmentAxis=us-gaap_CollateralizedLoanObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedLoanObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfVariableInterestEntitiesConsolidated">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the number of VIEs consolidated during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfVariableInterestEntitiesConsolidated</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Trading Securities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount of the consolidated Variable Interest Entity's assets included in the reporting entity's statement of financial position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (bb)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5710-111685<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount of the consolidated Variable Interest Entity's liabilities included in the reporting entity's statement of financial position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (bb)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5710-111685<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gain (loss) recognized on initial consolidation of a variable interest entity (VIE) when the VIE is not a business (as defined).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5710-111685<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R48.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EHH">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Long-term Incentive Plans (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Long-Term Incentive Plans [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock', window );">Restricted Shares Outstanding</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:381pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Restricted Share Activity</font></td></tr><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:33.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,832,115</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7.6438</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,320,110</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6.8017</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,881,782</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6.4134</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Granted</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,263,472</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.0284</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >449,931</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.0741</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,689,542</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.9299</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Vested</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(613,641)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.9661</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(969,396)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.8408</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(70,549)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.7909</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Forfeited</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(123,120)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.2942</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,968,530)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.6724</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(180,665)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.2860</font></td></tr><tr style='height:15pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,358,826</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 10.0047</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,832,115</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7.6438</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,320,110</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6.8017</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock', window );">Stock Options Outstanding</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,715,406</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.6883</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,963,268</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.0485</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,425,073</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21.3330</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercised</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(400,000)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.0200</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Expired or forfeited</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(767,406)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61.5815</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,247,862)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.3382</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(461,805)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50.8330</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,548,000</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9888</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,715,406</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.6883</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,963,268</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.0485</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercisable at end of year</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,798,000</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.4660</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,752,311</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.5120</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,751,173</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45.0174</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock', window );">Outstanding Stock Options</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Stock Options Outstanding</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Stock Options Exercisable</font></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Aggregate</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Aggregate</font></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Remaining</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Intrinsic</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Remaining</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Intrinsic</font></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range of Average</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Exercise</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Exercise</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Exercise Price</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Life in Years</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(in millions)</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Life in Years</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(in millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$4.02 - $57.71</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,287,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.70</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3922</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,537,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.47</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.5591</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$58.84 - $70.86</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >260,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.55</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60.1333</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >260,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.55</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60.1333</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,548,000</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.58</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9888</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,798,000</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.34</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.4660</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td></tr><tr style='height:4.5pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>R121.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EJ6AE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Beginning balance</a></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">$ (86)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">$ 56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">$ (176)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax', window );">Other comprehensive income (loss) before reclassification</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" onclick="toggleNextSibling(this);">90</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" onclick="toggleNextSibling(this);">(126)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" onclick="toggleNextSibling(this);">162</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax', window );">Amounts reclassified from AOCI</a></td>
        <td class="nump"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" onclick="toggleNextSibling(this);">(16)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" onclick="toggleNextSibling(this);">70</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Ending balance</a></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember', window );">Unrealized gains (losses) on AFS, net [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Beginning balance</a></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(96)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(163)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax', window );">Other comprehensive income (loss) before reclassification</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">117</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(128)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax', window );">Amounts reclassified from AOCI</a></td>
        <td class="nump"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(11)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">70</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">130</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(139)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">206</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Ending balance</a></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">34</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(96)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember', window );">Foreign currency translation, net [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Beginning balance</a></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax', window );">Other comprehensive income (loss) before reclassification</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">(27)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax', window );">Amounts reclassified from AOCI</a></td>
        <td class="nump"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">(23)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Ending balance</a></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">$ (13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">$ 10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">$ 13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669686-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e681-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments of other comprehensive income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569643-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of reclassification adjustments of other comprehensive income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>22
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0`!@`(````(0!F'T$!'P,``+I*```3``@"6T-O;G1E;G1?5'EP97-=
M+GAM;""B!`(HH``"````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M``````````````````````````````````````#,W,U.VT`4AN%]I=Z#Y6T5
MV\?_K@@L:+MLD4HO8&I/B(7_Y!DHW'TG!J(*I2#42'TW1"3VG"]>/,KF.R=G
M=WWGW>K9M..P]B6(?$\/]=BTP]7:_W'Y957ZGK%J:%0W#GKMWVOCGYV^?W=R
M>3]IX[F[![/VM]9.'\/0U%O=*Q.,DQ[<)YMQ[I5U_\Y7X:3J:W6EPSB*\K`>
M!ZL'N[*[,_S3DT]ZHVXZZWV^<V\_))EU9WSO_.'"W:RUKZ:I:VME7=+P=FB>
M35D]3@C<G<LU9MM.YH.+X8<')^P^^?N`Q_N^N4<SMXWV+M1LOZK>Q0CONO#7
M.%__',?KX.5##J0<-YNVULU8W_3N"01FFK5JS%9KVW?!\AKTJAV><K\P?[G8
MA,N+'#G([OLM![\Q1PS)D4!RI)`<&21'#LE10'*4D!P5)(=$E"`4485"JE!,
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MK!5%UHHB:T61M:+(6E%DK2BR5A19):+0*A'%5HDHN$I$T54B"J\247R5B`*L
M1!1A):(0*Q'&6%`="V,LIY#%:61Q*EF<3A:GE,5I97%J69A>EF"*68)I9@FF
MFB68;I9@REF":6<)IIXEF'Z68`I:@FEH"::B)?^MHV7=9AX=+G___:?T<LPK
MJV&,O>^T.?(ZAX=#7YN\5;-NOMO9[3`Z>H`_SWXE1ZVZ^GSKEOD<^2'LSWUI
MOMLP=#&/DW&[EF;]]@!/RY1V=Z\F=Y">;:OWZY0.K27:3W1[FMX^\-E>)+W;
M!-7HYL#L<-D\=?H;``#__P,`4$L#!!0`!@`(````(0"U53`C]0```$P"```+
M``@"7W)E;',O+G)E;',@H@0"**```@``````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````C)+/3L,P
M#,;O2+Q#Y/OJ;D@(H:6[3$B[(50>P"3N'[6-HR1`]_:$`X)*8]O1]N?//UO>
M[N9I5!\<8B].P[HH0;$S8GO7:GBMGU8/H&(B9VD4QQJ.'&%7W=YL7WBDE)MB
MU_NHLHN+&KJ4_"-B-!U/%`OQ['*ED3!1RF%HT9,9J&7<E.4]AK\>4"T\U<%J
M"`=[!ZH^^CSYLK<T36]X+^9]8I=.C$">$SO+=N5#9@NIS]NHFD++28,5\YS3
M$<G[(F,#GB;:7$_T_[8X<2)+B=!(X/,\WXIS0.OK@2Z?:*GXO<X\XJ>$X4UD
M^&'!Q0]47P```/__`P!02P,$%``&``@````A`)>TA=Y5!```%4P``!H`"`%X
M;"]?<F5L<R]W;W)K8F]O:RYX;6PN<F5L<R"B!`$HH``!````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````,2<W6K;0!"%[PM]!Z/[1CO[OR5.+EH*N6W3
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M.9WL43H2R>E(A.D8^FP9.%O"GBV!L^78L^7@;#GVTW+P807VJ`<XZD%)1>5$
MR&BV$EMY$E2>5,C520551PQ[M#0B3,BRNUDL;&>Q['[6B*A"@=Q``253=)U*
M'?9B8#KLXA18'<L>+@MGR[*Y92&W/'O2/1QTSYYS#\<\LKD5(;<BFUL1<TO8
MS2,"NT>$W3X:$4FAN%D;:-PV0[O^,@UJ2(RJ^4][]A>743J9#8H,09'9H,@0
M%,(&A4!0\*T>"`K'GG4'1]VQ)]W!00]L90Y8F0W[:8F!CTL,^WEI1"2%8F=5
MYI-M>E;ETZ5G)]5"MHMEMY!&1!4*[`(%6)_$9E>"[$IL=B7(KL+V"@OT"@O;
MVBW8VB7OCV%MV*6!E:$;/=CGH=L\V.7Q;$GV4)%%V)*L$1$B1-@%TH@H(<\N
MD(?UB6QF1<BLR&96A,S*;&9EJ,N9+<P9*K,X=O-H1#1;XF9MGU6S7WW8-KON
MO&(^7<)IL&&.-S;T?0W<UCBV(#NHQV+8^6A$U#WS^G&G+=ZYAT^7GG9]#@(B
ML&<\P!$/LT[XJ11_KTZ`@$AL14Y0D0O[S4V!AIP8]F)'(Z+9$LON9HV($V+W
MLUC<T&1TP?Y)[.57@LNOPG;?"W3?V=G@9-@4Q<X@W3K%SJEGRXZ'JN/9HN.A
MYD0V1".$:&9#-$,1%&$WCT:$S!)V^XC`_A''YH1&1!6*['PB3">S29$A*OB.
M'-QO\1U+N$2E>RK84IG74?F'_9:#HQ[8J`@0%8F-BH118>BH,!@5AHX*`_M'
M++N!-")"!=N;@]9<8',K0&XE-K<2Y%9A_\%*@;9N8;=.@;TC]'-V&A%-%OMI
MP8=EV3J(71[/5D$/13"R,1HQ1OG'_O"Y/[IKB4U+S\:$AX,>V9B($!.9+3P9
M*D]F8R)C3/R'(Z.P>V3>0Z.3GJ1OSV^3'C_6CS]Q%FP^8$?%L?G@(!\"FP\!
M\\&PRR,&UD?H)[8T(EI[\2U+N`VE^X/8'@QL8`4(K,0&5H+`2FQ@)0BLPGZ%
M7:`]6-COV0HV3PU[+2@&@Y1^EE;P85IV^^#N(;_=A[U#M^*P$^?9BPP/$1K9
M,ABA#&:V[F38.\(_"?G*4<AY#Q^.T\->_W/7^?SLX^?G)5?]XI]Y7?T"``#_
M_P,`4$L#!!0`!@`(````(0!%2G^D(PD``,@E```/````>&PO=V]R:V)O;VLN
M>&ULE)I;<]LX$H7?MVK_@TOO.Q9U5RK.E./+C*NRL<IR/(\LFH)D;"A2RXLO
M^^OW@++(TVR*$[_$@6T<-QI?=P-H??[]=1N=/)LTLTE\UO-^Z_=.3!PF*QMO
MSGH_[J__->N=9'D0KX(HB<U9[\UDO=^__/,?GU^2].=CDOP\@4"<G?6>\GSW
MZ?0T"Y_,-LA^2W8FQD_62;H-<@S3S6FV2TVPRIZ,R;?1Z:#?GYQN`QOW]@J?
MTE_12-9K&YK+)"RV)L[W(JF)@ASF9T]VE_6^?%[;R#SL5W02[';?@RWL?HUZ
M)U&0Y5<KFYO566^,8?)BQ#?28O>UL!%^.A_VA[W3+]4B%^G)RJR#(LKOL;R#
M.OPU&`T&$_>;SA4/UKQD]20W/'G]R\:KY,7]*ES[5HV&,."E_-%?=I4_X>?]
M?K_ZWI_&;I[RPS<A?TKZI0?Q=\JO)W&YO(-'?.R4?Q7G-G_S;^*]]VV"+71>
MO\'*O-Y)^LGB/^G-RG.&L\H%G)A$=A7`1?[7(`KBT/A+-S5CB>&`1`8?$/$7
M@=`9DD[I[Z/&+'/8Y+8\\V_7_NW.D,Z(5$:=UB@5>*/R#)Q?>6;\:S+.EHMD
MNR.5":F48/S]DDJ5IP"!4-GB#7E1TP]8`QU>%**W6M3LUV1*#U\$O.-S4IDW
M5;X6F8U-EOF7YME$R6Z_2X[#.YO]%(MB%WO]IM#2;F*+\`[BW#\/PZ0`QO'&
M7X#(T/*&>T/VLJ<POC,A2!$::1)#+W0("8NFM#)/H?P0I#9XC`Q"*3<IDL4^
MM"QR(.\5.]E3'-_$69&6D;1(S=866SF9?>LI?+\E<*SS9?F?\]5_BBQW#O:O
M7I%@V8H1TDNUU9X"^#JPJ?\01(5QN%W;&!;9(,+*LCPMA)!($8KAF_@9CB@W
M6<SBG.`I8B]-:I^1I9^=+]U?U`*<##S%ZJ5YS,7?XP#Q%)0WJ&%;X]\'KW*O
M1HP@,G(C`58L+\U&6\C4#11U]3[;V+].TE`@.V+2!HJT>O*=V13O]:S<^$O[
M;,7"F;:!HFUA8E?*RZF+-%G;'`D<&+M`BD3V'3%Y@Q;RX@V@WV*_7#2YG8-`
M+.`=,W,#Q=Q5D,;XPYF_,&EIA?#(F#G;%U&9*[?;:AUF;=(4-6F9)Z%(*6/&
M;J"P0QHIMLZ=F'N;/\$,EZY3\^2\],QN'3-^`X7?G3MC0&01I*BL]XCG+`C+
M0X<082@'"DK\[:W=ATZY/RBW+L/AO-7(*&.F=*@H71:/F?EO4::!9_PK]X0I
M'2I*E^&3614NI6%C6R-YS*2BU#="I!:X<=YP1CB?!O&;RRK"&TSJ4)%:"SWX
M=\8>LJ108$11$INF=!8,+H/>A$G%V:NA5,5]:PV32HPM"E%#J;N(@=:ZQD^8
MW:%B]WCQ05I[%$+,[E"Q6^>60P%R`I%,C!-&=ZC0[:Y#TD$,+ZI2PT$HS@GN
M&RZ8W<%23F5V1XI=`K9M!<SM2'';7H':=!C;D<+6%:*V68SJ2*'*]:AE]I3Q
M1(UJ^*S"\U"6VB28RY'BLH;@YKTZM6DPD:A8#3.^)>TE8:_$1$Z9R)$B4A>&
M-F.82!2KAC'=J5U@-64B4;,:2@TB.49%C<*@>R8674?WE%E&F6I,[<X3K"0J
M$P8-H8XT\3U(R:(Q^Q.#7]=9%EO2\:8<:"A5#:&:M"K=P)!T?_B[)*&Q\%`'
ML97.71)%[FCU(A<F[%'4MMCS(U[9K+Q@B!/)E"-_K*AM%3(XX[AS`7O:FW(R
M&"MT&\!A7RIL1)W"H.';QDQP7<_D^)\H5/?WAV,7"69>E"4,&B9T"S&X$TX"
M&'Q(2#B%R46A^I`0^\B;<9Z=*'2[UP9<:V\SNQ/%;K<0>*V$O)G8-T5OMQ*`
MK90F3"\&'_(2@*V%F-[)W]'+7A%E#(.&"=UW4$[94W8*!A\28IB]&4;5M7BJ
M:.XVB6GV9HPS"MR';&*<O1GS/%4\=]O$/(O"AL&'3!(;QSBC<GU(B'$6M0&#
M#PDQS=X,"ZTW3N',9T$J+R8/+%YZ*Y:]F5B9@IEESK=)FMO_(9M?)'CJ.8]7
M0HBK#/)(8V4L=&GQPF$?"W<_]+^^04X(<9PB^CN$_DC=\\^/&._F46G8-R'$
M<0K..X2$17C_61H6FG-6!.8=0A<XN.-)X0[5W%WL(26$.&Q!>8?0.>X`P<;X
MM:`0XJ@%"1U"2Q,6J<UQ@_;_--$*MUHAQ$$+%CJ$WBUQ"1=:KM*2T$SLON*:
M=_^[@7\.&_8'&AP9ZXC-5U0?N:2\`\XZ8N\5UD=TWI=(.F+K,6CXYXC.?9+C
MZ?":=+PYY[2YHOJ(T-5Z;<*<&9KSSF.@#,+MJR/>Y[S?&+1-=]>8>_>R55[E
M+ILI0ZY$05Q..M]L4K/!BY#_[R!W^+VY4,"/A$LX@\T5Q*70`B]SH=W!FXO@
MK7QQ=.?;)L2<P^8M$-=OG9V^88;G+0R3C+BO(A.*+6*&YXIA,?5]\&C0BG)/
MOR$Y:,X,8]#8J\99EZL,>F54'-RH,;?-!KP%N[QE_#NRP>MSRG*C+B7WT(4N
MZ'L7ZM*L60D>K0N6UU?H"ILNT*=!]L-=W&7W,-FP$GJ/K*0HUL\!'!%"B:/2
MZRN8M1+N>ML@+7&^$$H,LX=.9<-/G4H+H<0T>_T6G`_]DL,[.D,ME*3'6XA6
M2M6CXZW<.T;:ZRNF&RSBM^L3AL#8ZRN.ZVMC]?)"3B8E=,1YWW6#K%N)S\\>
MFF*$4&N+C%_A$(GU@M`'X[D*Y(8S8"=/%NSJ;MC1-Z028:$DV&UKC;VG<006
M0K)J4*#XXO@EE`2[NC=6%82FDFHW>()=C!I1<%3IMLBS7-@DV-4-LY8G,@IR
MH238U9VS%B67QPITU'$^%4J<D#W=5,.T(RT9%Z&LY#[K4!W>W2<?&G[J?KP#
M?S6-:+2QE$K0W5*@D:0$V+H)=[S)TUC?0%8-W85SGCK:Z>%:.D"=X.6I#%TE
M+-&OP5&C<=$9R**AFW&UT`TN)/$*'3#<=`X?\B`W#5`FV"0%>;O2X;,5I.2A
M(<=**D%W*XF$AI8<2ZD,W2TEB1*8ZS8=2WU/<EP&\J1V&:\/K3DRJJ51%QZ:
M;:+%I7?/0Z..E4K*3TMR\4&?,(A"?`+)?2D_PC,:3_;MY]/#A["^_!\``/__
M`P!02P,$%``&``@````A`+]<7)HF#```YS8``!@```!X;"]W;W)K<VAE971S
M+W-H965T-"YX;6R46]MNXS@2?5]@_\'P>V+KYDN09-`41>X`L\!BL9=GMZ,D
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M^.-A?QXNP_/UU@VWB([*F+>+[<*-]'C_='`1^&F?G?OGA_FGXLZNROGB\3Y,
MT'\._?=+]O_9Y77X;L^'I]\.I][-MLN3S\#G8?CBI;\^><@9+X2U"1GXQWGV
MU#_OOKY=_SE\_UM_>'F]NG0WWF0_O+DKN7]GQX-?`R[TW>_A\_OAZ?KZ,*]6
MM\UZ615E,Y]][B]7<_"V\]G^Z^4Z'/\;144:*@Y2ID'<Y\0@'QA6R=!])L.B
MN"WJY<I?_`.[.MFYSY^[H!LVA.L^?^J"JV3G/G_N@NMDZ#Y_Y(*+F)Z05KV[
M[A[OS\/WF=LK+@&7]YW?><6=&ROE,\T19M@MM+U7?_+R8.1R=W'HM\?MZG[Q
MS:V8?9*H*'$;'B4%5;2@\*O&CZHYT''`<,!FP,*%@O&XI<+CJ9;HOF>I^^LM
M=4Y%2>Y^214M*-!]`,:(JR6UZ4`"-@:`T6:[IC86),Z&A.@6=18B9,:C;I-E
MT[[=T`%5E-1AB_EY;SF@.=!QP'#`9@#QTFVAS,NPL+)$>/9A[B+$1;+EB8B2
M=5AD%9^<-K)C+#J7UPV;RX[+32Y?+1LZ4S:3DZ#<]OX@*,_2%!1+MA!4U(Q^
MMQS0'.@X8#A@,X"XZTZ5#]SU+,U!L61;545-'7?ZLJ+3U`(+JUI'8!7DQ7K-
ML\#UAN@W:S99-M.3N-Q!]4%<GN5QL3VLHB;&53=LZ;7`8EP`^`.OK-A@';`@
M-Q%(TU"O:CIM-M.3L'R3Q,[BNL&SR[,\+)80%34QK#7;_BV0X*8&P$>U8G/0
M`0EJ`X!7-WS#`.G4)*2M#"D[!3S+-PR;+!4UV8;A@.9`QP'#`9L!Q-W"-40\
M!9F_@>8Y8%.ADB@FX:9@=(LT3*P62"<0@XB?_9M"'%C(\P04OE"R195'%.MH
M?A`72U'1HRA&Q)9<&R[P,!\3I!$)ZXKMZ0Y9B-\(Q.8(S8^OB6,T4/N*6"II
M%.SP44D4HRCYYD`6W-*(A"DO^?Y`&@P,(MZ`7=TB*1+D"^A$2+&NTI"8TZJ(
MHG30E/S\;!.?YX9:+$54D1\M#+E&65=L/=O\&C17OHA.!!9KJ[L.EOZ"NZ&*
MK`"'%K$5B!9()Q`C$)LCU%U?1"?<C;65Y*%@:UJY;T#^((M+JZC$%@$:EHJF
M!@5;+!W28&`0\6NK8=>WR(K%Y2OH1%"QL-*@>.DOH/KZ2Y8\YA9I\%$C$@PJ
M=HIT2(.!0208;-C);Y$64?D".A%5K*LT*E:K50'%UU]SQ7=UBS0XJ1'Q!NLM
MRVV'-!@81+S!IF*YM4B+J'P-G8@JEE8:%?-"%5!_0U0U2V6+-#BI$?$&=2%R
M!>.!@4D&Z:AI^'<+BP.*L'RMG0@KEF`:%EL!JH`Z'>:>I;)%%IS4B'A]L1)1
MP7!@8(A!)1HUI'E0)>T3H`X%F/4'O`%0210/BX;W72W2X*1&Q$=5\LW?(0T&
M)B%0%BHVK3:W(&=@29L%#"O6?W)D\R6C@FW>![0"T0+I!&($8G.$NNM63[:T
M^'?,TM,\&VP[JB3:AJ\LY>V6S56;^+$@:F)1W+*MV`D#0PQ6M_Q@M+D%C<\7
MXW'KB/ABK:9;B+<(911!?&NV)]K$Y_'E%L4M/R([86'(-5R`;$IL;D$#I"V"
M"'"B52A8QZ)*T2H(1`ND$X@1B,T1ZC9M%8+;Q?K6W5O$'3/1-92L:BM_+]*M
MS[1--YMB733B*W82^?Y^[)=*=L!K-M1VN79?Y9FH^Z&A#!MJLZGJ5<E6C?U_
M0]'IFFY"RHDFI&1GO$JB-$?;Y6:[695L#[=)E*_A.#::N;O.VX(MRTZ8&7HU
M=ZWM>LGGVN9F-,[IMJ24;4G#YE,ES1A!*Q`MD$X@1B`V1ZBWT^U&&2N_.P-P
MN?%:KY(F]Y;W"UIH.H$8@=@<H=Y.=Q'E1!=1LCRK)$I?_!IV0K9(0_W4B/B"
M6RU92>B0!@.#2#!8LT5LD78&)"KW13P_X.'T"#`K7"7S0B41?.=@QV*+-#BI
M$0G-4<-FJ4,:#`PBH>\0ISK2(BK:1?!3O8K=1%ZVQ+W?I(G!R9N_2(.O&A'O
MJ[S]BS08&$2\@;P!C+0(CO8<F+*)7J-D7Y55%44I9?S)0XLT.*D1"2D3_2S2
M8&`0"2DKV)JQ2(NH?,T?.PV,*K8">:H*7@M4%44QJIH5N199\%$C$GVD]T8[
M9$%O$`F98D7-(BM"^KBWJ"9Z"W&S/HFR@TX@6B"=0(Q`;([0(V&BMW`[#3,R
MU5BP>JBJ*(H9N:EKM@Q:Y&&.=4)BO73W+&NV=#MA8A#Q:;EQCU9I(BWR(C&T
M'1#'PT1;(!Y+5%$4(]R*I@GI,4#2$,@G$\+")`2Z,WYOS>86-(.T#1#QR7:@
M6+**H:HH2GM*/)]`>HPO-Y!/*(2!24@*3SZCR"UH>+1O".%E3RFJV`F0(X/G
M1R51#$\\IT!VC`[:BW`$L%+7";U!Q.O%LPIDQ<JD38;(7&PV\M:HX,V!JJ(H
M/S(XHH6F$X@1B,T1DI&:=A'<[4#S;H(U02J)TI'!ZW&+-*8$$3_%[-#OD`2Y
M022<%KP'LTCSE-03O42VV@+-8V/K0R51C(W?96R1!5\U(I.AQ>YES*\A\IN:
M'<86:1&:[P;&FBO2%IL%NI'8L:SJ*$IIX[>:6J3'V'(#D38@06YP@)`V^=@)
M>1$<;2A$<!.-!:\@JLX;"]:NMDB"KQH1[^M*Q`:#@=X0/9-;)$5@M*V`NES'
M=H)FBRT%E40Q6^()%++@H48DS+ZX$8,T&!A$O`&[ND52A$1;#@PI=A%NWO";
MH'Q0X_9B?/(!/K0"T0+I!&($8G.$'G>T?T!W)_H&_M!"U7G?(!_4(`W1:$3\
MC!;B00W28&`0\0;\7JU%5N3@XZ:AGF@:^&^,5!+%Y26:/F3!58V(=[5F_5N'
M+.@-(M.A00<B0J,-`^9KHE&H6'>OZKSP%UMV_+5(@X\:$>]C5;$RUR$-!@:1
M8+!A#EBD152T5\"H8K$GYP"_$:=JZ`C\-4N^2%NDP4F-2##@-Y`[I,'`(!(,
M>,VS2/.HFH];B4#3<LMO=JBD&0MD*Q`MD$X@1B`V1\B)T-`F`7(18/KS$G$K
M*VER;WF!UT+3"<0(Q.8(]=97V;'NH[>Q^)*5(^X@-%$4MS@_75ID81UH1/PZ
MX'<=.V1!;Q#Q^A6O(,B*9>.+ZQ@2K_9-K+VTDK"*JY(HST0T&Q$M-)U`C$!L
MCM!,T%H>W'9E!S,R5=-9'Z*:*/JSC``+,ZR)OEBS$ZU#&@P,(CXE!3O0++(B
M);2HBY1,%7=VGT`UHK@+1`ND$X@1B,T1FA):W(7;$T5>](U-7N193"V2,,$:
MD3#!]"Y&AR3(#2)>7K/O&A99D0]:X'&-313V)=MWJH'2ZB]YPU9@BRRXJ!&9
MC`@&`[DA<K8M+9(BH.FRWL2*3?<ZFR651./.;@6B!=()Q`C$Y@A=6-/UNIFH
MUZ(+2:*XQ]D.;)&$^=2(A.EG'46'+.@-(D'/DF^1Y0E8T5H-*RK`M$87H@-)
M(OAQ-5WT;6+']&BB%S<'A=X0O;@!D^M)DE;3A3S`[F?[\>40_\MU):%60EI"
MG82,A"R!J(NT>L,!]:<O3+B7<<2/$/@C195$_C>"XW<M_C/C=E3!TM$2ZB1D
M).3?$?)NN2OBLHKO_,270X[]^:5O^[>WRVP_?#TYI_R-0D3CNT;*O6L44L+Q
M\JX-XS)<EW?=%&[*._>N@_.#Z3^M_,M,DU=8.1,7@O<=C=S;1^^[E_[ON_/+
MX729O?7/SNWE[=H5L7-\42G^<1W>PRL@GX>K>^\H_/?5O5#6NV6UO'7BYV&X
MPA_^`OB*VN/_````__\#`%!+`P04``8`"````"$`K<-MR"8(``!J)```&0``
M`'AL+W=O<FMS:&5E=',O<VAE970Y-"YX;6R46MMNXS80?2_0?S#\OK9NOB))
ML1+)MD`+%$4OSXZC),;:EB$IF^W?=RA>Q)EA'3</<7)XACI#<G@H2W<_?#L=
M)U_KMCLTY_MI.DNFD_J\;YX.YY?[Z9]_J$_KZ:3K=^>GW;$YU_?3?^IN^L/#
M]]_=O3?ME^ZUKOL)]'#N[J>O?7_9SN?=_K4^[;I9<ZG/T/+<M*==#_^V+_/N
MTM:[IR'H=)QG2;*<GW:'\]3TL&UOZ:-Y?C[L:]'LWT[UN3>=M/5QUX/^[O5P
MZ5QOI_TMW9UV[9>WRZ=]<[I`%X^'XZ'_9^AT.CGMMS^_G)MV]WB$O+^EQ6[O
M^A[^8=V?#ONVZ9KG?@;=S8U0GO-FOIE#3P]W3P?(0`_[I*V?[Z>?TZTJ%M/Y
MP]TP0'\=ZO<N^'O2O3;O/[:'IU\.YQI&&^9)S\!CTWS1U)^?-`3!<Q:MAAGX
MK9T\U<^[MV/_>_/^4WUX>>UANH?K[9LC7`E^3TX'O08@]=VWX?/]\-2_WD_S
MY6RQ2O(T6TPGCW77JX..G4[V;UW?G/XVI%1?W7>2V4[@TW52S-(B6>H^KL3E
M-@X^;=QZO/:5N,+&P:>-R]+9>K$HENO5]2M"ZY`N?-K(S6V!2QL(GR[%=):M
M%^GB/Y*<FX$>)DCL^MW#7=N\3V#5PU!VEYVNH70+O=F9L</DYPJ6S%ZS/VOZ
M$`2ST`'Z]2%;I)N[^5>8_;TEE88$Q>M)*694CJ&G3?<K*"`IH`PPS/0<M/L$
M8);_3P*:3A*@\@TEE)\1^8[AY3M@S#A/<(QT%!>C#`!I^5'*BDWAHU"2L"2#
M)-UD:!0J!/>P\#T,(UL:4C%4B![JB@*"`I("*@"0+%CQ$5D:O9]">F-BBXP,
M1VE(JV$)+39T@$WK*%I<I4M*5P&`!$.A!8+-:E_-8%]P0ZH)1'NQ69$A-:1B
MT+XI2&:5:4UAD_3YIQDI`'&U"WE+%\J0EH.*-$E&&2ACJ.D@8Y>F1G&:L#^2
M+`W']K].27-EFH,I0OQ50J944KX*`*1XA10/<Y0G?H)T*U:>+>CHEH8T:JLH
M("@@*:`"`,G39Y)QPW0#JM$/2]&0`ED4$!20%%`!@&1MD*S(RM8$-G!D4DM#
M,BL[6R[QBJA,*U[9ZX2PQ-4^Y$U]*-<';)8H2WWMR.@/,$TN&?=2LQ,ZUB(=
M:F8Y*Z!J@I]4?B*+MK(AXY0)ADB&J!#!\K6)\<63&F\C.R;14EJ6G9PD(^V5
M;W<.(Q@B&:)"!&O5_A31:FR+:,WQ2BE3P]+[ZM>'?+TIR%Q4EA`.K`D9$<DX
M*D2P6.U0HUBZ::3&P(AHHJFTK%%!Q1#!$,D0%2)8I;:E4:7;.U+C5J#1&P:<
M!*B/6U:H+G`Y>XJBB&11*D2P.FTH$77&9\C8T8T#3O-Z>S&+<T&VA,JWCDOS
M&E\RO@H1K%K;2$2U<1>LFN\(EF5WA-4LV`WTGZO(CA#8EAUTBLB4(BI$L'QM
M,Q'YQGVP?%KQ9>H\:CB')QE9,I5O'X?=13A$,HX*$:Q5>\^HE169L2:BF6@J
MT\#`AO&K&"(8(AFB0@2KU-XQJO1%9BSEHR(+C,>JHXA(*2(9HD($J<OB!C;`
MU,#8F=FR3)'!D0]ONI5O=I,K/*(7"`N0OMD%J!#!NN/.E<6<BY698_DR2XM-
M^%/P,K,AXVXG&"(9HD($RX=5&5D4F8;9L!-C+2W+&R^Y':A\NQM&P1#)$!4B
M6.MU+\NB7D9VW-*RQO&K&"(8(AFB0@2KC'M9=I.765:HCCJ78!S)$!4B6%W<
MR_070'R^21V5EF7+K""W;I5O'J<[-+.4!D@6H$($Z];.P3>OS!@*WEIYF5F6
M/]\NL[#*-NM(F5&G$O92X]1(AJ@0P?+C;I;=Y&:6Y<ML3;<WZEW"1[B9D`Q1
M(8*U7G>S+.IFI/1+RQI'JV*(8(ADB`H1K%*;361!&`_ZP,TRZE050P1#)$-4
MB"!U<%\>JHO<=0X,ML/2BK,L._6TX&RKOJOR!^1TG9"Y$%<[D;=UHGPGL*1P
MJG$#S&\R0,>RE;F8K?!!,^.5:4/&E248(AFB0@3+CQM@?I,!6I:KS)S<.%6^
MW=6A8(ADB`H1K!4;H#O!Y5'C([M$:5GCN%4,$0R1#%$A@M7%C2^_R?@L*U3'
MC(]Q)$-4B&!U<>/+N?&ES*A*R[+SO")#6_GF<9J1\:U(64L6H$($ZXX;7WZ3
M\3F6+:]$/^Q!/VQ'8;9GNQ@G1C)$A0@6'[>]_";;LRQ?7.2KE,JWCZ-.C5`R
MC@H1K/6Z[>51VZ-/2!QKD0]?\!1YFI+[O,I2Q@$5#)$,42&"9<=],#<.1PY&
M]`!O6:.6BB&"(9(A*D20N@+[H-NQ!OC#;X4M*U#'$,$0R1`5(EA=W+H*;EV1
M/<&RS(,:NB/8QE&ZN$:7C*Y"!&N.^U5A_`J^M'354'*HXI#@D.200A#6@SW)
MG'1@]S./A?ESTH*;%7L(5%J2_E;3'VS@<2H;9=,7T%S28HQTD.200A!.!YO8
MQ^D8EPJ%P@F,WG06AD7RH4]"JY'FQ`L.20XI!.%\L.VYKZ;^>WHB?LA.E"6\
M$J%O%VD^U$U&VIB/CW20Y"S]RH7M'U@F'_,*A7E"?ZK;E[JJC\=NLF_>SK!$
MUK#=>M2\NE$6!;R[,50@:UFXMSIH2[JMA@HBN$BW,H:7V;8:%A_E9UMXK`W:
M"?ZYR.#*L198\M"2ZYBY#X(70"Z[E_K77?MR.'>38_T,J28S_>Y$:]X5,?_T
MS65X<O_8]/#JQ_#G*[S34\-#[60&Y.>FZ=T_^@+O[BVAAW\!``#__P,`4$L#
M!!0`!@`(````(0"<7"TFB@<``,,?```9````>&PO=V]R:W-H965T<R]S:&5E
M=#DS+GAM;)19VV[;.!!]7V#_P?![95.2KTA2U!*Y6V`76"SV\JS8<BS4M@Q)
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MK)->@<>Z_J*IGP\:@N`9BU;]"OS13`[EL7@^=W_6+[^6U=.I@^5>Z)!]?89O
M@G\GETKW`)1>?+N?QO`-U:$[W4^39;18S1,1+Z:3Q[+M5*5CIY/]<]O5EW\-
M2=A4)DEBD\!OER02Z7RI4[P2EMHP^&W#Q#R*UPNQ>"L2\O:JX;>-3-\7N+2!
M\-M]91JE\6*U[NOE8F=FOOIYSHNN>+AKZI<)-"_,2'LK]%806\AF)]B6ZZ<<
M5GZOV9\TO0^"R6P!_?H0IYOD;O85%G%O23M#@CWH22)D9(ZA%U+GS2D@*:`,
MT"_8#+3[`F#%_T\!FDX*V(3B=H:"Y<<A(W,,+]\!0\7)/(R1CN)BE`&@+#]+
M,)6ICPJ*A(Y$1;K%T"@T>IAAX3/T,[LSI+1O=#W5&05R"D@**`0$LJ#CD:R^
M>9*Y[Q4]VN](7."2R#.DM&\E0>8L<X-NSG(*2`HH!`1288M1J6(5P<YVDZD)
M3.V*J#4DHW:34KEF5,`IYRL6,6G]_-44\CTIE"$M[9S-!QE!Q;";4<6N3(VR
M,M>D3$.RBT)V=^8&_:)00%)`(2"0N`HDTO[1HTPJW:R&Y*22[LK<J-=*`4D!
MA8!`J[Y2D(,2];H>)5H7:&',5C0DHS4EK96Y02^5`I(""@&!U,VK4O4HDTJZ
M=&=(1NIJ%<U)AV1NW*NE@*2`0D"@5N\7-+.N47LXU)G0Q;<<(W.QH<>T'_8J
M/:*=BP5(/^P"%$9"U=J/AG[PJHU-P=GNCX!X,2?"=L*PT*',D)PADB$*(Z$Z
M;2XCZHSGP'$^J$LWU#&$86%U%,D91S)$8214I_UD1)VQ&?@NKTZ(E':F<&:D
MEY"VI1]T"YA[9(0N_:"C*XR$FK6QC&@V?H,UPWJ3(W,GD"OU1T'&D)PADB$*
M(Z$Z;0DCZHQ3O+7>AH77FR(Y7+KUJ3%P)$,41D)U^OP?46=L@<S=<`,RAZ:P
MK(7H_6ZN;^3!#VF0S`8,4G.&2(8HC(3BM2$,XGN32H=K@S!^08I@6\JYRM#:
MT";4K6PNK-S%N0:5C*,P$BK7_C`H]T>4L0VBF-C13CAS"12S_>983E_NXQPB
M&:(P$BK6'C$HIA<"82R$*&>F8%E#PXAXB3N&-0QRIK[G<OM%PT)(ABB,!$7$
MXW[6PZ&?Q?,-%6]9PS=G#,D9(AFB,!*J&_>MV#C2&R>%96%UU,ERQI$,41@)
MU<':H@9P+1MKF,S=@OZUL',LM_#AI3:SPX/X_/4`R0(41D+=VI2&QO6ZC5>%
M#2M(_^UBR[*Z-W#;PNTZ7\H/Y`*1V1!<2YAD'6V2($G*DDB61&$DK&_<_>(Q
M]Q-$[,ZQ;'UQE(8G>,RD938$UV>_RB=9KH+Z>!+)DBB,A/5I>QO6CQX\^@$0
M[S_J\I8UB,X8DC-$,D1A)%0Y[J.Q<4AH`']O@B<)U((L"ZLS<0.2,XYDB,)(
MJ"XT2K\'Q@Q24)>/G='I:YJ(R;&8^6'G*CE#)$,41D*IX\X8CSFC8!-I6>Z8
MB3;$.S.;!T\L]4G).`HCH=K773$><T5![A8[RQHT90S)&2(9HC`2J(0_AO$6
M<LO?PV\_I-+!^'J9V;A!;\X0R1"%D5#=N.TEQK[(`4V;T[+L0X:8G&^9'_;-
MR1#)$(614.JX!R:C'DB;T[&&YJ17-LO`$VLR#XAD'(614*WVG1^?G(FU)7PV
M+039,#O+&A1D#,D9(AFB,!*J'/>OQ)C*&R>G96%U)FY`<L:1#%$8"=6%[N.W
MSJCK#$_[S-]'B679%4^B=+7!/VONKC8$RP^3Q!'<3(,?^8&XG61)%$;"^L9]
M*S'^0S8?O1TYEJUO%27A[8A?;#(;@NNS7_7^))(E41@)ZQMWOF34^<CIL7,L
M*VT1+486S+GC<,+8W#Z*+-B*)9'VBX9941@)"QKWQ\2X&#QU<CIV',HXE'-(
M<D@%4*AGW`%_^)8*7DG2^QI[$+^S)/V4:K@W+00[+TTNH+FB\R'209)#^KVH
M%F$"33GF/:=Y_W8IFZ<R*\_G=K*OGZ\@03]4\*AYO[H36]G/-L7C;=8+(G@>
M;^%%$Z@B^*=D#2]JUR,C,`WN%>[,!\&;U5OQ5/Y>-$_5M9V<RR/(FT<K."4:
M\Q+6?.CJ6_\N[;'NX)UJ_]\3O"POX373/`+RL:X[]P%$S5[<Z_>'_P```/__
M`P!02P,$%``&``@````A`$Y)^OU-!@``SQD``!D```!X;"]W;W)K<VAE971S
M+W-H965T.3(N>&ULC%G;;MLX$'U?8/_!T+LCZV);#N(4M8CN%M@"B\5>GA59
MMH5:EB$I3?OW2W(H<F:H5GUIDS-#SN$<\E!2GMY];:Z++U77U^UM'T0/JV!1
MW<KV6-_.^^"?OS\LLV#1#\7M6%S;6[4/OE5]\.[YUU^>WMKN<W^IJF$A9[CU
M^^`R#/?',.S+2]44_4-[KVXR<FJ[IACDK]TY[.]=51SUH.8:QJO5)FR*^A;`
M#(_=S\S1GDYU68FV?&VJVP"3=-6U&"3__E+?^W&VIOR9Z9JB^_QZ7Y9M<Y=3
MO-37>OBF)PT63?GX\7QKN^+E*M?]-4J+<IQ;_^)-W]1EU_;M:7B0TX5`U%_S
M+MR%<J;GIV,M5Z#:ONBJTSYX'SV*-`G"YR?=H'_KZJU'/R_Z2_OV6U<?_ZAO
ME>RVU$DI\-*VGU7JQZ."Y.#0&_U!*_!GMSA6I^+U.OS5OOU>U>?+(.5>JR%E
M>Y65Y+^+IE9[0"Z]^*K_?ZN/PV4?))N']7:51/$Z6+Q4_?"A5F.#1?G:#VWS
M'R1%9BJ8)#:3I)*FB<</<;:.UIOY64)@I%<BBJ%X?NK:MX7<'K)F?R_49HL>
MY<QF"8:'793L;:FRWZMT/4C2[27ZY3E.M]E3^$6VJ31)!TB2N]PF130C'S-4
MJ]2\`@&A9&;IR44C>B,+A3(6.UKA,)%",W(_(UG1%.&G[+8VA?!,)GDJ5&J-
M&A&G$>O%`9)2K;7J1<X!@0!25.HUT1R%[@-)W79?2L3;`TE;K6"R8P+F)!JO
M[9)!*QR-TM2%"3FYL1$YO;'2M=U'*LI)9JS]!TA"G>&`0``IOB'%QVVCT%DY
M(`D5Y8!``"FZG2RJ4+Y23PY(2K4<6<;E@.A&1Z.MIP<)9^EW=JBZ=-A!1WJH
M*&>9\9T*2:@U'!`((*W9D>*C'@J=U0.24%$."`20HI$T=+3DL:J&^5H]14P6
M2!*Y/:Z/0$ZBZY@=$!*-792R4Y;W?4$B<$1ZC#,WE^9Q,%FH.QXB,$(9*'MS
M#&Q_P/5F7"N"+%R9(P+GT,K*T28J@]')>7YD71&R0Z,&1X3-43>4V\:4A/(Q
M1T([U&9E'2H"FZ-DLH1*?3!9N`TPSB$"YU`&RKX<`RL`N)I<%&J#=VW(!PUU
M>ER=W$,$1FAEY6$3E<':Z)K]HS$:H&KN,HU83_((XN!7RVB-;@BX0$P"G*UE
MNMK8IE*2RM@<27Z%1.![E&R6VKG,"8$LW":."#.3SJ$,E)\Y!E8@L+DY@9`9
MFGW*$1$AA%96IC91&;R.KMD7:'1$+5#B]K^A,8;=TQ=""(V86B@_(SK,K31C
M9GDP64@"#Q$8H0RH38X2Q&"/,Q*8+%P9QCE$X!Q:679Y0H)8P7S-G@0FR]7)
M/4181,OD5*(LE+>YC<`/0:S"G$WF#A0<`I.%V<`XAPB<0QE0G[0*@,_-*<#=
M,(\Y(C!"*T_[HWK;\=;L*S#ZH^XN?T?)S23@01NV906)+K<N3/E1%_6TF7+3
MS#V>&6U&-QU/8QYS1&"$,J`6:;4!BYO3AAMA'G-$8(165L[E]J6M#(8V8U`Q
MLCWP)(LHM=Q1T$%!@DOW#$0)*0]SA#PQP.(H,?ZD?8B1$1IB'!$XAS!(J%F.
M+='P[&.NR7(',O<0@1%:>=HD$S`[NF;OH)@L<Q+H]9G;X+@[A46T4DXJ2DB9
M)!,#/5LE*NRY%G]'-5FX)3#.(0+G4`;*X!P#*P;XWLS)2"#+U<D]1&"$5I[V
MRP1\;TX,[HZY&>>X"(O\Z-Y(J'?RFUN'N0([_@)NLESMW$,$1F@?J#M:!<#=
MYA3@'I@G'!$8H96G73$!=YM3@'M@;L:95T'FWX)$U]^Y*1+JEIX:4ZZY<V<+
M;@H]"7GB]Q"!$=H3:H]6#;"W.36X">8)1P1&2.5TVA8US'>@9TXFR_2>=22G
M4;9[!8DNW8L!94>MDRN33EGHSEU!H(S)0N?$0P1&*`-E:KY3I>!U,\J8+%P9
MQCE$X!Q:6=G<1&4%SRL#6:Y.+C^UJW$.41_?%0*?&;V+&[ZKP]?HINK.55Y=
MK_VB;%]O\L4WDF_B%H7O^0?Y/5]_$P]M0'YEOQ?GZE/1G>M;O[A6)SET];"5
M[M?!!WGX96CO^H/Q2SO([^OZQXO\PTDEO[>N'F3RJ6V'\1=YU87V3S'/_P,`
M`/__`P!02P,$%``&``@````A`"*'/!^2"```]2<``!D```!X;"]W;W)K<VAE
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M-\;=`HC*-6\7VX7Q]'"W+\T*;-AG=7&XGW\*;G6RF2\>[ER`_BF+UP;]?]8\
M5Z^_U.7^M_)<F&B;/-D,/%;55VOZ96\A,WDA9G]V&?BCGNV+0_YR;/^L7G\M
MRJ?GUJ0[L5-VU=$\R?P[.Y5V#YBEY]_=YVNY;Y_OY]'J)EDOHR!,YK/'HFD_
MEW;N?+9[:=KJ]"\8!=X5.`F]$_,YXN3*Q,A/-)]^8A#?Q&&RWKC'7YD9^YGF
M\_\]TJS*+=A\ON^1"XB8B[3*V_SAKJY>9V;[FI@TE]P60W!KO+D0+Q.3ZYT=
M_62'G9$)7V/0;P]AO%K>+;Z9M.V\40I&INH&(VJ1=18V==:OZH!A2L2\ZL[$
M[A!#MF=L\H,8=T0MRHAN*8D43-Q^=20R#B@.:`00#B;5(QPL:K8>CD,<!(P%
M&,5NZ]E09!Q0'-`(("S,MAEA8='[N6$^9",.>2S`:.TR&B2;B(UG,#ZP5'A"
M%$3!BBY+HPF$H]E3(QPM*CC&U&4*1@.'C`.*`QH!A,5JE(5%)_,%1H@%!Q0'
M-`((BS5AX6HM6O:E9D=Y3%9\]X!1[/*61&L:L0Q&`R.T?>Z#D+E08+1R+CX$
M4<R<Z`DG9$6VTP[JT=6B1<5*0LHU!2,45PXH#F@$$!;;4186G<PN&"$6'%`<
MT`@@+&S843!X>MVPB$K$HN*M(,%;EKK,C]J/*PDF/I*$/D%/^:!KLB(L$QR`
M-E.-6?'Z]58HN`)1`M$8H5RL&(]P`8TV&MF'))2J&X`5YL(1)6PT1B@7*\DC
M7$"IC6?$16AO`%90@4&<L,:7^?&!JV(SMB*GX-'-H#RM+`\\Q9X$U:9\5\Q[
M&B!MA\8I$"40C1'*R8KTP*D3#7.P>T>]>JLA-IE`E$`T1B@7*]4#%Q$?4'(6
M'U:5:=#IO3T>?0CC#:VXS(]/52WQ$O`LZ"DO=%U6Q*^L"S2>K8NU]#0`*QQK
MCBAAHS%".5GY'CCU>0=5-SL8U8PX-05(^_T>Y(@2-AHCE(L5\8&+R#MH/(N/
MT.JN$]B\;]AH%L#H5-:QCYAE0$_Y(&L*:?_IXNM@WG<BOH>]%<JU0)1`-$8H
ME_&^$4+?F,BUM\)<8-Z`*&&C,4*YF#2B7/=QL3"/B]#J$*Q`J[?QAL4M\^.8
M&9X11MN$M46-IU"B5L7?WI0AB+QQCPIEQ4YOJ;<:"&4"40+1&*&<:`/I@P<M
M82J1HG&$'%$"T1BA7&CCX$5K7_5%0L4!VEO!`<N(-<M.YL<GRM9;=8?H(&*G
M6SWEABZ,=J$^R&/=)^+=.>SZ1O=NG0E$"41CA'*AG:/G`LH_E7#>'[*0(TH@
M&B.4RWC'"$'Y:2'(R@4K2%&\E(D6_</[]3.V,8NT]N.NM"A/*^)7"A<TGO)=
ML5-"&G:=8,@C1Y2PT1@AG,R+)>;4Y='!DV]%W@J)B$"40#1&*!?:#7CA1J#N
M+#Y,:5-OU14N.V/YT8FRI3YX?J=\T#49NE=R'MEAWEU6[%N6U%OA.,.\`5'"
M1F.$<J(-I,\Y-(Z)VHW`:GAR)A`E$(T1RF6\<430`&BN1>UZ*\AU++[FZ(>[
M4E$]8H]B\9:?H_IA_EUB--)2XN';3S?,L[AF[VNIM\*1@U8T($K8:(S0R(UW
M@PAT?BJ+HAOX>9@+M]'8AG*AW4!4+J@[S>:*G833J.L![IS,"Q<&IPH7NV!5
MI+W_-UW0%=&>(E8TUEO$(2+J>H=[XPL8H<P/OTD(O@*_[D1/.:&KHAVHK_RQ
MSK,6RLK[3!9Q1`E$8X1PB<<[CX,G.X^W&G9K)A`E$(T1RH5VGBXN\5C'$2KD
MK=[X+JX?[46H1^RNV+)-H?M1KD&QE?RW3P]N6&@0.V^FW@K'37028:,Q0N-F
MF\'`J8\;](@)#8K!"G/AB!(V&B.4"^TDO&+CL8XB*M9;84XP;T!4;P-5S<I$
M^^$WJYJ2IHVE#^#8.\J:"Z;I0/;P,%#+!*($HC%"N8PWE/A=#<5;82Z\?2AA
MHS%"N5@A']E8H.^TD<B"Q%U`?.$2=Z-#07:(36C$#P78GG*\WB+BL1:Q9N^1
MJ;?"<>N:QL"/(QK/HIS&!3X&H9XJ2"[GF9\WL%,"T1@A7!(J\+P@W3`7+%&0
MWJH[SK/P97[XS6*#%DJ=!/Q`/^6$KFJ\521CK6+-GI1ZJR&>F4"40#1&*!?:
M$CKU2$#2)[+MK3`7T0J$C<8(Y6*U6U9L`I(^4;'>"K)L?I9AA[]^N"^)'K$E
M&V[845OWP[R))K1)]!$;:PYKI@2IFTST5B!*(!HC-&+CVI^`JD]E3VB_GS?D
M4PE$8X1R&=?^!#1\*GM@Y6\)L"-'YGU@7L2>)5MC>\K1RO3(#@/U-K\'=KLC
M302424A)2!.(/GQ$[&TGA5L[_:VC_E=Z<]^)O]B+G]A3;V1_/D3?U:[9=[79
M8-:M4$G(WK"R3S3.^DT/-Z;@'L^IJ)^*K#@>F]FN>CF;Y]EJZU&XJ94&MYF;
MSW!E;G"-X9^2M;G:M;9/9#/,VKI+7XM^R-S%NN1/Q>]Y_52>F]FQ.!@:RYNU
MB6,-U[;@C[:ZN#LZCU5K;F&Y_SZ;ZW6%N0:SO#'&AZIJNS_L8OL+>P__`0``
M__\#`%!+`P04``8`"````"$`5]5Q#-((``"`*@``&0```'AL+W=O<FMS:&5E
M=',O<VAE970Y,"YX;6R,FEF/XD80@-\CY3\@O\^`;Q@-$P56FT1*I"C*\>P!
M,U@+&-F>G=U_G^ZNLEW578UYF:.JNNOLSS;X^:=OY]/L:]FT57U9!^'C(IB5
MEUV]KRYOZ^"?OS\_+(-9VQ67?7&J+^4Z^%ZVP4\O/_[P_%$W7]IC678SM<.E
M70?'KKL^S>?M[EB>B_:QOI87I3G4S;GHU+_-V[R]-F6Q-XO.IWFT6&3S<U%=
M`MCAJ;EGC_IPJ';EIWKW?BXO'6S2E*>B4_&WQ^K:]KN==_=L=RZ:+^_7AUU]
MOJHM7JM3U7TWFP:S\^[IM[=+W12O)Y7WMS`I=OW>YA]G^W.U:^JV/G2/:KLY
M!.KFO)JOYFJGE^=]I3+099\UY6$=_!P^;9=I,']Y-@7ZMRH_6O+WK#W6'[\T
MU?[WZE*J:JL^Z0Z\UO47;?K;7HO4XKFS^K/IP)_-;%\>BO=3]U?]\6M9O1T[
MU6[C;U>?E"?U<W:N]`RHU(MOYO='M>^.ZR#.'M-\$8=1&LQ>R[;[7.FUP6SW
MWG;U^3\P"K7W89,(-U&_<9,HN7MQC(O5[WZQ^O.VYSED8;+_5'3%RW-3?\S4
M2*DXVVNA!S1\4KM@VAC[4`C5CYVV_EF;FT4JQ59)O[Y$2;1\GG]5I=VAT0:,
MU,D8C$)NL>TM=$=4($,TJAXDFMZIEEI.5WS#C6#"+;:N1;P83%@0J@Q"$%JJ
M>DV2BI+0RFL#1HGIM:[7E@B8#]5MP8>6K@,5Z5`X55T[53#*3?'#.(W2(0O3
MHBW51\M5/.I9!&I8A0BTU(Z`U,EXV(!18B)XB)+,"@#4&:C#,(T&/0L@$P/0
M4B<`N\Q@1,I,!,Q'+OK0TLE6@A'Q003,A[X"6"<H7JCDX<!HK9//6!$H*!BI
MQI&^Q_%0-NBK:)0,1BRF%8NICT5+[5B<\0(CZ-XJ65JEWU)U%*]23P"A`C"I
M2A^!$=LA./.%5L.`C3Z@$J@?)BP>Z\FJ$'*X#4$`??@Q(\<$>F(6KP,R`%3"
M_6BVC",P^`'D3"`C!"OJATBX'TV3T8^!-1FU$&"C5M,Q&FN#>?5(8E;V&<:]
MK)',Y6D+-7+&N(;\@40\'F?>S.)U`,U,%HG3;-@%]:O$@S-UK19CN`MH9K'N
MM;Z@/5@5VW*MS[^,LU#DF7/!)/S"$2<2/@,RTL*[F(96=-9\5`MO8\VHG8-L
M56Z#5M2?2+'Q$L=SE3$6WL4QM(*>CE=Z+"]L`<IX''[F/I(99L1.ZI:'#5K)
M[IGR(?2,5"3CRXAM_XGC'R!'2H_KC(3GJ7GC'M\(,#2!+[2B?F"=X(?CJ\=$
M)&'+P01:`0:R56AC@NGS9.'KJ8PJ???M7!J=ZQ):>3#AT_):<TS9"->/$$X<
MB74-WJ`5K3FL$VHN8RD"O$SUED`(S@VN$_S(6(H`+Q.7`+3R]Q9V`?V-WMY&
M5@3HX;$D-K+0BM:V1Y;SL"+C*0*V3-6V)Y!^+#2/"KC.K:VZQ$OGTXAM#CCG
M!JUD#GF4;&)C3B%[8HW:CB*Q[ETW:$6J2B7<G\:'2Z,8J#)15;2B?F"=4%6-
M'<&/%MOYN%4%*T]5927/4N90+''(OB7:H!7-$M8)67+>],R-@1<J4'*KZ#[-
M$JK`C.(ZP8_,F1@(PL^<6\V>,_KV*\ZLX=GB)G#\HT7BN5N(9009L=U0!^UH
MY6DH\,=6\H;>AD\LPF>\\)OR;M"*-M8'GUB&CQ%//MNB%?5#<,3R2F3X&+%=
M5:>Q:`6%<S\H0#4T-ESE(XMY"+<)E,"=#I\Q^T.)#5J1E*F$^]/(<,F0`$DF
MS@Q:43^PSDBX'\T)P0_@@^?CEA:LH+1A.#Z9P4%-J#H?M3P`#B$;[8D(HW$O
MF%FTH@G[8)3(,#+BR9E%*^J'X(GG)<,HN0M&:&4?=BPK)=5XR\V]RQQ*`"*\
MK8G])(A6-,L>/O;M1\*)TZ/=B*>K2;B"J1$)ST<F30+$X/FX8PI6<,3CU<)F
M.^X"^B1./35-90H9L4TAA^UH!1UUGNZY=HR/U2"]C2"CMN,@URDX*6A%>DLE
MW)]FAHN&5(LG>XM6U`^L,Q+N1T90>A>"T`KJNLJL4=ZB&NF^('H>PFT(I1*$
MR)A@:0ER8)QQG9"R#*$48*(2OW5'A%:TM#X(I3*$C-@>%>?8H!74+J*?X6-V
MP"$\5M'2<^5,.8ILP!NU'4MJ/VVB%<W9AZ141I(13X\M`1!F221\9F0DI7<A
M":UDP'N4S'LFP\B(G6J.G8%)12M232KA?CAT>L!G<+\S,:EH1?W`.B/A?F38
M9``-]9.<"&=2T0I/>>C<O#/]*HQ'2O`89!!E$H@<P*.5!_!<F_L"N(VA3,30
M>+7`YCH8PG5"T64,97=A"*UH<WT8RF0,&;$]K&YSZ>U.N++2W>(FT/L\]7[1
M=YM"&="$SQGY7@E+2Y@#=,!U0FEE"F5`DZES0YB#?HB$SZQ,H>PN"J$57CSS
M\;X'G<(F>*S2I>?CS)RCR`:\4=M=3NVG3K0BTT0E+.5<1I(13P(>K:@?'Y)R
M&4E&;.?C3"U:R8#W*'F6'$9.524HI6.'8&!SL*+9$@GWQ]G3@SX'FJA5!,#.
MAS1H1?T0"G$_,G-R8`<_@&Y5P:H'/;GE@(G%74"?KE;CA8_'(/,H!]+P&!S0
MHU4/>OM+CRWJ(8:'<)%Y/BK*!2*IY\NA\"*1[`=?LPG[@IA*>-(RD?*[B(16
MM,$^(N4RD8QX^M@PY(29C23<I6\P&7B6Z_(VDHS:CB4=+\IP>-"*Y$PEW)^,
MI"6@9>+PH!7UXT/24D:2$=OY.(<'K6!PH_%HP-%AVK'L/$T-C_&)T#")C.P2
MV,+/3SJ./Y85K&BZ1,+]R4Q:WL4DM*)^?$Q2[_31O/HC:,33904FP;M08^&P
MJE3I?,<++P+"JW#GLGDKM^7IU,YV]?M%T394+!BD\`+B1KV`:%[BFP\*]5K@
MM7@K_RB:M^K2SD[E02U=/&H2-O`&(?S3U5?S^MIKW:D7`LV?1_6F9ZE>$%L\
M*N-#77?]/_I3GN'=T9?_`0``__\#`%!+`P04``8`"````"$`&SKF+K`$``")
M$0``&0```'AL+W=O<FMS:&5E=',O<VAE970X.2YX;6R46-N.XC@0?5]I_R'*
M^Q!LPJT%C)J,>G>D76FUVLMS"`:B3F*4A*;G[[?L,L%E>^C9?FB@?%*G;C[8
MK#Z_UU7T)MJNE,TZ9J-Q'(FFD/NR.:[CO_]Z^;2(HZ[/FWU>R4:LXV^BBS]O
M?OYI=97M:W<2HH_`0].MXU/?GY^2I"M.HLZ[D3R+!E8.LJWS'CZVQZ0[MR+?
MZX?J*N'C\2RI\[*)T<-3^R,^Y.%0%N*++"ZU:'ITTHHJ[R'^[E2>NYNWNO@1
M=W7>OE[.GPI9G\'%KJS*_IMV&D=U\?3UV,@VWU60]SM+\^+F6W_PW-=ET<I.
M'OH1N$LP4#_G9;),P--FM2\A`U7VJ!6'=?S,GC*^B)/-2A?HGU)<.^M]U)WD
M]9>VW/]6-@*J#7U2'=A)^:J@7_?*!`\GWM,ON@-_M-%>'/)+U?\IK[^*\GCJ
MH=U3]4@A*V""_U%=JAF`U/-W_7HM]_UI'4]FH^E\/&%\&D<[T?4OI7HVCHI+
MU\OZ7P0QXPJ=<.,$7HT3EH[X8LJFL__A96*\P.O-"Q_-V7@YF7\82H)IZ7)\
MR?M\LVKE-8(9@\"[<ZXFECV!8U,'D\Q0&6A0H=#/"KZ.81=`SAU8WS8\9>-5
M\@:U+@QHZX,8160WA&H1!#)$`P6RHKF1*JLB5=U146S1`$[N43@$/F)RCY)0
M0M(!2F6%5ML,*7.RV"(H'>+*+`/A2`F'+O)D/-14K:YCB/B>3<HX36B+H+DN
M^7(^-G\4E"%(!T3X83RL'%U^M>KQ3ZCK+8)FFI]-D)Y",H3X[+.'[&K58T^I
MZRV"##M(I?JCD(Q`9@BY8T@YY@\#4JM>0%/*MD60"6BY0#J*R6Q,Z@9-`E+?
M*O=->!M[9?4"F5&2+8)2[`M=R\)KA'D99%96CWE.O6\1A"5PL]/;-+,1J5,B
M$@4#_0X40)N].!9.'`:%@2R8PX.1$,SC7C"E3?=FN)M%+WLQ+=V84.#,?+C#
M:&(B&'=+T?HH.7-B2J>#@#!4.ZH@_#[\*)H&]:AA!/*X8TKJ[A'=1I:A`CJ1
MN+II4(\[AIX0\T''`O)J5R>DK]S55X8HPS<U`D+;FA$0,T-O*1%M6D!U9W?5
MA].&O\FX*[L&9<*:&.%WP_J>\C(JO4.70IK+7<W5#Z]CZ^O-MM!4J:(./*B`
MT$G[F\V;!D39/):%\E"A]/9F4#&]O&Q9=#9)QG`1Z\WXXUT9%D_FJR>;+[QY
M0Y2=M64A6?.P.FKSAV<4@[)X;`OE>:Q\'/6*[FWF5M>@;@4,JC'%N%N-QJ2D
MS=<9KLQ4A=E\[JJP0=FYXW/:0GG">L91A3Z88(.R>?"Y`$]`JZRC(`]IE5]C
M1-E\MGIQ]SN09AJ0)4LMU7W$J2Q/N7O\,2@[@N]I$`]KD#9_/+VH5#:/9:%Y
MA36(HY;0J>7N*<J@<&K#ISD"63IS32.A*G530[C.!BKKGJH,"@_ZS.7!D\-C
M#,:"-U^\ZM6B/8I,5%47%?+2@!AS.#L,UN'&_<S55<:Q;^$FKF^SR;``]^-S
M?A2_Y^VQ;+JH$@=P.1ZI6VB+5VG\T,NSOF#N9`\W8_WV!#]Y"+C"C4<`/DC9
MWSZHF^#P(\KF/P```/__`P!02P,$%``&``@````A`*F7V\VG!```PA$``!D`
M``!X;"]W;W)K<VAE971S+W-H965T.34N>&ULC%A-C^(X$+VOM/\ARGU([)"F
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M<<WS9)Y`I/5R7T$%N.U1QPZK^(4LMAF)D_52;M"_%;L*Z_](G/CUMZ[:_U&U
M#'8;S@E/8,?Y&[I^W:,)%B>CU:_R!/[LHCT[%)>Z_XM??V?5\=3#<>>XI.0U
M,,'?J*FP!Z#TXD-^7JM]?UK%V=,DGZ49H7D<[9CH7RM<&T?E1?2\^4\YR=1-
M$#H$@<]`D!\LS(:%\#DL)$\AID1E+:O]4O3%>MGQ:P0M!'F)<X$-2180!,O,
M4MCN$L$71*4/F`58W]<TS^@R>8>=*P>GC7*"QK\YN1Y;[8$;#KR&',JUR#4I
M6CW2N1MPHUR>Y7%@HEO+X#!`20$&M*YB6'/+F&8SCT,Y36\<EL'AF`8YT`I[
M:7-,Y[G'H9PL#LO@<$`K!>I`*]8A#R8E?G0%SR2<NLQ;A4EFAPBZ)T"$5HOH
MR0VV4?`T2*0Q_^QG02*T6D3^F2@X3*0QGP@5^=;ANLG0:A$]>Q4I.$RD,9]H
M'B1"JT7D=[*"PT0:\XD(J%F@)&E&JEM;$Y(3K[+!2S'FSU,7WAIX1.HJA=Y'
MHNZV30H2D;E1-X/775(59-R-!._U^/"DV:V4YM0_P\'+NEVVQ>EZ@G<[P*.N
M_$\NL5R\BFT>M2Y0CZL54F[);`)/"K.?2@'NWFFB%0+OO'^I!Q#/T"@;H;<.
M<&MV-264BZ<O_K6'YR'V=KAY!_#!7%S9">7B29"O#/C8NY^+`A_,Q56F4"Z>
M2HT:3TL1GM%\.CHE!3^8C2M?H6P\*?,5AFB]"G:,`A_,Q56X4"Y:[:S^"TB0
M%K9@1@I\+"/J*F$@(^GA2\5(GP8OU<GC$QO@!W,*"R4-"J4GOYO!R](2V^+<
M7QK61FG^Z8O'X&7S8+A!Q5R>L#92I7%WA6K`P^)@0/\I0UV!U*HHS=93U%>B
M`;]#IB5S1.8JH"'S9,^7&GROORLU!AR1N1)GR#Q=\[6$VKH6Z$P-C^A<%3-T
MGG3Y8D%MZ?*%RX`C,E>D#)E6IA^J`;7U:?Q"8N`1J:M&AG0L08$7$JJ\U+LQ
MR:EW#[<#/GZ"PW`4>E.09AA:U%B'(\EF;-HZ)N>2P2AKAY5"AMYJ]#,#J'E-
MD/ZNK-D/>CF];08G?.LQKP,T)UZ+X1B-_0QN9HO56*P&Q89U1[9E=2VBDE]:
MB)1!&L:JQO$-C.-RO6=_R5*8T^6H[2&0G9[@$P/!8'TNCNQ;T1VK5D0U.P!=
M.IG!C>O4#*Z^]/PL)\0=[V&DEO^>X+<2!ON>3L#YP'FOOV!1YM>7]?\```#_
M_P,`4$L#!!0`!@`(````(0!+Z&4?!P<``,P;```9````>&PO=V]R:W-H965T
M<R]S:&5E=#DV+GAM;(Q968_;-A!^+]#_(.@]EJC#7B_6&T02TA9H@:+H\:RU
M95N(91F2-IO\^PXY/(=TDI<]9H8S'^?X2$E/[[\,E^AS-\W]>-W%;)7&47?=
MCX?^>MK%__S]\=U#',U+>SVTE_':[>*OW1R_?_[YIZ>W<?HTG[MNB<##==[%
MYV6Y/2;)O#]W0SNOQEMW!<UQG(9V@7^G4S+?IJX]B$7#)<G2=)T,;7^-T</C
M]",^QN.QWW?-N'\=NNN"3J;NTBZ`?S[WMUEY&_8_XFYHIT^OMW?[<;B!BY?^
MTB]?A=,X&O:/OYVNX]2^7&#?7UC1[I5O\8_G?NCWTSB/QV4%[A($ZN]YFVP3
M\/3\=.AA!SSMT=0==_$']M@499P\/XD$_=MW;[/U=S2?Q[=?IO[P>W_M(-M0
M)UZ!EW'\Q$U_.W`1+$Z\U1]%!?Z<HD-W;%\ORU_CVZ]=?SHO4&X1;S]>(!+\
MC(:>]P!LO?TB?K_UA^6\B_/UJMRD.<O*.'KIYN5CS]?&T?YU7L;A/S1B/+IV
MDDDG\%LY82M6I&ONXQOK<KD.?LMU[-N!"KD`?JM`%EH_4H*[%5EJVJ5]?IK&
MMPA:#\+,MY8W,GL$9SP]4`[8$E=^X%IA`^(9I)^?LS(OGY+/D/&]-*K0"`;&
M&+D6M;+@J>)^&R4P2_)4KTD`FL8'F;3P*5Q<2G!M]7H1HD*3!U$>'K.F@L82
M."&A"(&07`H]8>^RV-)4H%%A@E)!8PF<H)#[0%`NW<4`U*2VS-=DIVBT$>4I
MMYFKK5%K(#7WS!TXT*X6'-$6>:K;@FLI++9Q`U=H9`+75-!8`B?XV@FN:LZE
MWRT`&EE!J:"Q!$[033`HE_*=BM9/&:TWJ@NASDD'UDJIN]X2.*'Y66-F4.V7
M2ZW0M.JHQM"%&1[1_+52ZM"6P`F]#8;F4BLTK2RJ,71)<-5*J4-;`B<T`RX/
M;%N(K>`/I*VD'J/3IJNU5H>W)6Y\3D)^VCGQVILG5:VD'N,3<+56FO#H3G2D
M&Y[33R`\LI(]\HR5C"8!K63U2]*6-5-J`\.2N#`X(1D88M+99@7GE>I#AI1E
M(X)#@)2]DE:(:$T'I99J7@Q-92PCVVJT$\#MHN2D95!J:,AE!!IM5Z8HD`_Q
MVBN9TII<61(7!2>L``KD,1L%'/FT8HKL.(BR(!AKN)+PKC/$U=@2%P5GL``*
M)#8;!92)[+9BBOXXC(W7-TIK<F%)7!2<S`(HD.-L%(P5I,X54TPH4+B9JK72
M@%#F7EMP6@N`0+:S063IUAMDBQ.1-1F5-+;$W3YGM4!D)#N8&-WEF7]+8!8E
MRLA4TM@V3N0L3)M";-$F*6TE]9(V4WI+T&J==%OB`@CS9D9XDQ*$U$L`C%2C
MUFH#X!YS9E#80.Z%V,H`&;%*ZA%`F9.NTUH3GX>1(^DFP*5,14:9XDG>U%G*
MZ.A)O8SO[1]76P2@[6G79YR?_-X38FO_)$(E]1A_34:RUEJS_WLTR)]E0O$#
M-.B?7&+Q+EZ+*Q.<;%XC>D0H5_@G:,:YR>0A<'0)"YX2:QS]HTM:24AE03JW
MEGKW['I(B5DCS0(XPU29^50)A.UUK>(^WE5Y0<:ZED[LME$+O+8)DV7FDZ5_
M>DDCF2)H;CH]'G/*%8%LA)DS0P8DI?)F2/&DR`8M02V=V-E0"V@VX&G&;AXU
MQ$+L=0P=)6F%H^351&OU*-D2ATKR,)<*L8LB<(I**SG0I")::4#<X]/<Y5/Z
M#D"H73!9Z=UOI)5)?>U)&EOBIB',J#ER(OS\UFDJK>S('I?:-F[D,)?FR'UW
MG_ND7C;`AHZ#5IODWR/3/$RF0LR3+@\30C:5U".`G-[&:ZTV`"Q>=3/@LJ@>
M!+SX:0"4EW)U,41>(OAJK38`U`*0N`#"])@K>I09H%0@]3(#]%&BUFH#X!XQ
MYF%B%&*K!!X)*,X3`.GULI;+35LVML3-0)@2<Y\2`X^"T@JI.8?7E90(+`84
ME\U&KA#('!R%RXF!`U584"Z@W5=)*X14/*0%@23U]$`E+=9(LP#.,&L62'#N
M$>(]>T@K?%T&+^/)@UHM]5;=;(F;+Y<XU>@47`QO)_'5,'_W6/FBVA<UCLB-
MY!*DJ`P_5/!%KWZOK9_9"V1`.Q7>TW8EC?C+`L.O94%O9,9,CY(C<H&Z?(HM
M!-1S%Z@B6@.!>5>KJD`KBI3>X8V90:I74MJ!M]SV!>#[2)%`[60!4M*SE?`*
MM;?-X+3T)@"=@9E!:HLPI_A1`U_7#]UTZNKN<IFC_?AZA8+Q\=)2_)A2L<=:
MN"3R!CZRA.0?B@R^OH0TT!R@R3D\X@N*`1HQ'IZF5-]R$JV"3RRW]M3]T4ZG
M_CI'E^X(T-/5!G8[X=<8_&<9;^*%_LNXP,<5\><9OIIU,#WI"HR/X[BH?W@I
M]7>XY_\!``#__P,`4$L#!!0`!@`(````(0#.^"=?20,``&P)```9````>&PO
M=V]R:W-H965T<R]S:&5E=#DW+GAM;)1676^;,!1]G[3_@'@OWR0A"JD:4+=*
MFS1-^WAVP`2K@)'M-.V_WS4&@@G:NCPD<'Q\?.Z]MF]V]Z]U9;Q@Q@EM8M.U
M'-/`349STIQB\^>/Q[N-:7"!FAQ5M,&Q^8:Y>;__^&%WH>R9EQ@+`Q0:'INE
M$.W6MGE6XAIQB[:X@9&"LAH)>&4GF[<,H[R;5%>VYS@KNT:D,97"EKU'@Q8%
MR7!*LW.-&Z%$&*Z0`/^\)"T?U.KL/7(U8L_G]BZC=0L21U(1\=:)FD:=;9].
M#67H6$'<KVZ`LD&[>[F1KTG&**>%L$#.5D9O8X[LR`:E_2XG$(%,N\%P$9L/
M[C9U'=/>[[H$_2+XPB?/!B_IY1,C^1?28,@VU$E6X$CILZ0^Y1*"R?;-[,>N
M`M^8D>,"G2OQG5X^8W(J!90[E%,R6L%*\&W41.X!"!V]=K\7DHLR-OV5%:X=
MW_5"TSAB+AZ)G&L:V9D+6O]6)+>74B)>+^*#S7X\L+Q-Z(:K_U`)>A7X'52\
M=ZO8*JXN'RD2:+]C]&+`)@/GO$5RR[I;4.X3T4<SI@8JE$GV@Z3')AP#")H#
M^K+WPB#<V2^0[*PG'6Y)KLY(!H9,N-1-)X`-SD9[D+J)O<&%1*6+8?I!`2!R
MM35;\9;A.SHEO:5$ZY&BN8)"3EQU2?.=,4=R%/;)U$P8K$:E+N"#(@5C",D<
M2">`MCA4:;+XD!*)QB:$,&;`C;S-;-&>%+I=Y1S+GU4N^1<A_0M!,PF'8\&D
M1'63<P<'15EW!EW'B9SNH\>1:"1WF90J4I=AS=IJT9I$=6NPL:_E5T53I)4R
MMUFTIBC7NJ830+.Q7K0A4=V&Z[ES&XH4J"+.4J/&E,7(7[*8#M/E!3D]:[*Y
M7:^"86-)5'<$B9EO+$6Z1IW,@50!RM=*V;J>/\U&M&A#HC<V(CWX@R*I17QH
MJ4OA)XIT]9I.`,T(-*!I0N;'O!O6+4&M@IFEGJ4VM-=[TCG).SBR&\H$3+:S
M:F[J,J\Q.^$$5Q4W,GINX`[P8'>,Z-A4'SQYX<SP@VRV$K?'`6B!+3KAKXB=
M2,.-"A<@Z5AK.%-,=4OU(FC;M9`C%=#\NL<2_M5@N-(="\@%I6)XD0N,_Y/V
M?P```/__`P!02P,$%``&``@````A`-#CG1UD!```U0X``!H```!X;"]W;W)K
M<VAE971S+W-H965T,3`R+GAM;(Q7VX[;1@Q]+]!_$/0>2Z.;+[`=1`JV#=`"
M1=&DS[(\MH65-(8DKS=_7\YPK+G):5YV;9(B#P\YQYKMQ_>V\=YH/]2LV_ED
M$?H>[2IVK+OSSO_ZS\N'E>\-8]D=RX9U=.=_IX/_<?_K+]L[ZU^'"Z6C!QFZ
M8>=?QO&Z"8*ANM"V'!;L2COPG%C?EB-\[<_!<.UI>10/M4T0A6$6M&7=^9AA
MT_],#G8ZU17]S*I;2[L1D_2T*4?`/USJZ_#(UE8_DZXM^]?;]4/%VBND.-1-
M/7X727VOK39?SAWKRT,#?;^3I*P>N<47)WU;5ST;V&E<0+H`@;H]KX-U`)GV
MVV,-'7#:O9Z>=OXGLBFBV`_V6T'0MYK>!^VS-US8_;>^/OY1=Q38ACGQ"1P8
M>^6A7X[<!`\'SM,O8@)_]=Z1GLI;,_[-[K_3^GP98=PI?Z1B#52"OUY;\QV`
MULMW\?]>'\?+SH^S1;H,8Q*EOG>@P_A2\V=]K[H-(VO_Q2`B4V&22":)`:;T
M1XMHE9(T^_\L`2(2G7PNQW*_[=G=@_6`FL.UY,M&-I"9MY"D0&7%G9^X5\2`
M>0#KVSY*,[(-WH"52@;E&`1+K8+,B,*-B,,I)``D$QQH4H/S@,&M%HSU]+Q`
MFF/(2C#&H1>:P:@`3<Y4X%:8BMX#T&K5P*!$U=`,1HUDM@:W[GS`I7A*L]BJ
M@4%+P3599Z:WT+U1](1#6"FM0S'2.)Q&RKTF"A*%-@H,2@2*M37O0G<2DDP0
M#0HR`\1CD-QJ%G<(P!`LO;0F4.C.U7*^\M*H;+?/O28":%_U@,N$08C!\A6Z
M[\D`N+ZK,_7HG5N=RNG4`U;&(*R<6CM>Z,YD-3UI\+Z>K<VM9NUE;,\<8["T
M/7+=IU`9A0G(YTS7PFR6!L*MO<YEE&0\LJ`5IGOYI'5B:MF#=V%VSK8UUEQ&
M:8=;MYB=<FEQYTM0<?3S#9TJK#A@&86=:BHHO(7I55,PZW/94?7M#2>H2CJ.
MS$'Q4"XNZ9F:J$2A>U=J14T4IL@Y*%RU`S:L2CG!J`SECJ3J0$DDZ$>VUN3)
MB8??W!\2,B=YQ"J5BR3PXR>@6/M9&,ZU6D^3$5/S'$9<\2,143.6^Z%+G%9)
M\J%[DU#U8`+YL022.0TDEM3F,DHNJF)>`M%E,%%>$X<IA`XA<XI(%+F2$%WU
M5,,2AN[43I,)P]1$!X8KCC`71Q]T"8PLL@KRQ&O@B.854IAMA23JU"$-,@K'
M$5G>PO"FRFO6G]?'"-_.=+V`_JT3D,LH>5*3V&;`]&<K-2D3`Q=)I5T/C8ZX
MV>%`K97D`*.0`U4`5T&F0*=V<,SRIG1.Y5W)C!6)LCC&R#>ST)8R?M'@+4@_
MT?R(`&\1^.[=TOY,"]HT@U>Q6P?O@Q'(SF3%VTM.-GG$WS4M>\%O-=P>3`ZX
M:US+,_VS[,]U-W@-/4'*<+$$X>OQ6H)?1G85K]$'-L(M0WR\P/61POMRN(#@
M$V/CXPLO,%U(]_\!``#__P,`4$L#!!0`!@`(````(0`"F/A3(P0``/X-```:
M````>&PO=V]R:W-H965T<R]S:&5E=#$P,2YX;6R45]N.FT@0?5]I_P'QSJ7!
M8&/9C@;())%VI2A*=I\Q;MMH@$8T'D_^?JOI!M.%X\SZ8<94G[J<JJ*JO?GP
M5I7&*VUYP>JM26S7-&B=LT-1G[;FC^_/ULHT>)?5AZQD-=V:/RDW/^S^_&-S
M9>T+/U/:&6"AYEOSW'7-VG%X?J95QFW6T!I.CJRML@X>VY/#FY9FAUZI*AW/
M=4.GRHK:E!;6[7MLL..QR&G*\DM%ZTX::6F9=1`_/Q<-'ZQ5^7O,55G[<FFL
MG%4-F-@79='][(V:1I6OOYQJUF;[$GB_D466#[;[AYGYJLA;QMFQL\&<(P.=
M<XZ<R`%+N\VA``8B[49+CUOSB:Q3$IC.;M,GZ)^"7OGDN\'/[/JI+0Y_%36%
M;$.=1`7VC+T(Z)>#$(&R,]-^[BOPM34.])A=RNX;NWZFQ>G<0;E[?SDKP1/\
M-:I"]`!0S][Z_]?BT)VWIA_:P=+UB1>8QI[R[KD0NJ:17WC'JG\EB`COHQ%/
M&5E`F.K<L[U50(+P]U8<&5'/),VZ;+=IV=6`]@"?O,E$LY$U6%845!PC*<AM
M+M!/`KXUH8$A7`[2UYT7!*N-\PIIRA4HGH.(CD@&A.`G[*83@0.1C>$!Z4EX
M0Q1"*J(8U&,I`".WL)#'.<)W=4@ZAT3+$:)%Y6M1]4E;!&..Q"E4>!I,$$2C
MI9YP+$&+D4*"!>E$H#F'*DU2TCOWW=&Y.-V:0&7,!"$K7"`%"DA?0=?V`SVZ
MY'>`]`%`"Q;:^T&PXA1G*D1EB25HDBDL2"<"S7FH.1^:1TAQAB+L5(%4AJS`
M=O4/^6CY*&=(!>9^I'\^6IZNDB*5Y4,O&K7E76I".J.&WKU8@09JQ`YG@24Z
MQK>7.I-HII'J&M;_H"*VX6T"#542TAD5E+]8@08JKDW\0*L3XI[,%;P0U01!
M`CO4++I0^5L86DVBNT2$=$8$]4ZL0`.1"/?.:NJT'R")KN+9JP=ARAFK:UA:
M"VM$"&S"24GPB.F/9Y06>A[C`:4XO><-0BJN[=XRK=:$B`Q<*Z,/*(B%,N\J
M(O>,/AXC-/WB`:6\H-F0/#Y.T;'U^.W1$R]6T)VHY69"4:/&C8E"#4WTKHPC
MG16>0-YLSJ78#[$!="N43D@LL3N$Y&Y#A&[+5JY(HE"_*@,ZM@E!/9C^TH(>
MI%AF=X)4.VZR2I<^?G&)O@A7-AJ4_BQ_"5*Q0IQSK:M5W^MN+*TL.AFQ#.^0
MD3L291S?"^#R.GV]8)Z26V'[2)(9Q(\B;?(@!7$!UVUZGCZJ;C-:$I'7;7E)
MK6A[H@DM2V[D[%+#G<:#*\LH':_Y3YZX2"%Y+*[_0NZ,!W`I;[(3_3MK3T7-
MC9(>P:1K+R'&5M[?Y4/'FOYJO&<=7,?[KV?XG47AJNK:`#XRU@T/PL%U^.6V
M^P\``/__`P!02P,$%``&``@````A`%]?)10T!```X`T``!H```!X;"]W;W)K
M<VAE971S+W-H965T,3`P+GAM;(R76Z^;.!"`WROM?T"\)\0AY*8D50&=;:6N
MM%KMY9D0)T$',,+DY/3?=^P!?*/=OIP39L;CSS/C83A\?*]*[XVVO&#UT2?S
MA>_1.F>7HKX=_7_^?IEM?8]W67W)2E;3H_^-<O_CZ;</AR=K7_F=TLX##S4_
M^O>N:_9!P/,[K3(^9PVM07-E;95U\-C>`MZT-+O(1549+!>+=5!E1>VCAWW[
M*S[8]5KD-&7YHZ)UATY:6F8=\/-[T?#!6Y7_BKLJ:U\?S2QG50,NSD59=-^D
M4]^K\OV76\W:[%S"N=_)*LL'W_+!<5\5><LXNW9S<!<@J'OF7;`+P-/I<"G@
M!"+L7DNO1_\3V:=DZP>G@PS0OP5]<NVWQ^_L^7M;7+X6-85H0YY$!LZ,O0K3
M+Q<A@L6!L_I%9N#/UKO0:_8HN[_8\S,M;O<.TAV))3DK82?XZU6%J`$X>O8N
M_S^+2W<_^N%Z'FT6(5E&OG>FO'LIQ%K?RQ^\8]5_:$1Z5^ADV3M9`6:O7\Z7
MVXA$Z__W$B"1/$F:==GIT+*G!^4!>_(F$\5&]N"Y/T+/,1X*8IL+ZT_"7"X"
M7`[2M],RBJ)#\`9ARGNC&(V@RD<C8EHD@X4(E?";:H(`R$8\.+2&-U`(J46Q
M,W>()TQ,B\2U"!>F2>J:[#:CB<$93G(**>1:#P39K$</\N@Q&JUDKD4L$EN0
M:@)C4\C71'"$].@#NHH^V2ALW!2--C*#UJF3G^A271>.!S&HH*(GJ(34H=J.
M'I`*C5:2BMA8NM):F.JZY>C4P%I/8@FIB;4-[5)"FYY*>9?(B:$<=Y:Z5-?-
M5-H-K,TDEI`ZA6-SH9%6.+8@U03&IN(%I"[]<*N$U(P%<0L'C3`8*RL-B:XD
M:ZLMI+HVC%1Z#;3=))J0.FC6[C$::?&P!>D@$'WK!_L3>`M,Q$:*30*W4'HC
M#(Y=*(9R9K&GAI:HR!FQ(:)+NGF38I.-D)59BW%OA&P;!P[[;U_C:U6K6,C&
MXG"M?)MXHETJ//DN"1?JU8'=5.^&\.ZPMHH)6FE9="2I+C$)1*?\"0$V4KTU
M`H'=&LG0;D65;*U+EQC:V=9ZL:6&>JL.9V**+JHPA_M'L+GJ>(1LK53%O16F
M:K9T^-`)JE6B^CP:2N79I!/-=((.>ZQ%I]X!<H<8QA]Q4WLZ8JD30^W$SEC[
M(SK15"?HL-=:=-;Y8Z)W9+6!1$\,I;4R-92J8LS`B7:KT)SZQVYL(:JKW@=P
MZ-FB^E9.=G7MS+[&*='5)%31-SE%(U:<8_EA?[;X5`GW?&B%DP-96CE,8-P6
M^4?USHFBKETYLQ0.VCB>5K2]T826)?=R]JCE='PZC%(<\&,QX,L1?53`V-UD
M-_I'UMZ*FGLEO<+2Q7P#M=7BA(X/'6OD!'EF'0S<\N<=OJ0H#&"+.1A?&>N&
M!_$-,'Z;G;X#``#__P,`4$L#!!0`!@`(````(0`=G<^AU@(``$\'```9````
M>&PO=V]R:W-H965T<R]S:&5E=#DY+GAM;(Q5VXZ;,!!]K]1_0'Y/P`3(12&K
M3="V*[525?7R[(`)U@)&MK/9_?N.[81@$JG[DH29,V?.')O)^N&MJ;U7*B3C
M;8KP-$`>;7->L/:0HM^_GB8+Y$E%VH+4O*4I>J<2/6P^?UJ?N'B1%:7*`X96
MIJA2JEOYOLPKVA`YY1UM(5-RT1`%C^+@RTY04IBBIO;#($C\AK`668:5^`@'
M+TN6TXSGQX:VRI((6A,%^F7%.GEA:_*/T#5$O!R[2<Z;#BCVK&;JW9`BK\E7
MSX>6"[*O8>XW')'\PFT>;N@;E@LN>:FF0.=;H;<S+_VE#TR;=<%@`FV[)VB9
MHD>\RN;(WZR-/W\8/<G!;T]6_/1%L.(;:RF8#<>D#V#/^8N&/A<Z!,7^3?63
M.8`?PBMH28ZU^LE/7RD[5`I..]8E.:^A$WQZ#=-7`"8G;^;[Q`I5I6B63.-Y
M,,-AC+P]E>J)Z5KDY4>I>//7@O"9RI*$9Y((9)[SX31<Q#A._L_B6T5FDHPH
MLED+?O+@=D!/V1%]U_`*F,\CG'7T0X&UN48_:K@I`KD2HJ^;,([#M?\*-N5G
MT-:"X)+W(.PB=A>$MDKS9H.`#\IZ>3#T0-Y%A8Z.5"S=#ML[$!>QNT7,`A>2
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MP8(S/ROXXZ)PJ8(I@$O.U>5![]S^KW#S#P``__\#`%!+`P04``8`"````"$`
MX'KP/Y\"``!&!@``&0```'AL+W=O<FMS:&5E=',O<VAE970Y."YX;6R,5=MN
MHS`0?5]I_P'YO=P"I(F`J@GJ;J5=:;7:R[,#!JQBC&RG:?]^QW9"@53:OB3Q
MS)DS9V8\3GKWPCKGF0A)>9^AP/610_J25[1O,O3[U\/-+7*DPGV%.]Z3#+T2
MB>[RSY_2$Q=/LB5$.<#0RPRU2@U;SY-E2QB6+A](#YZ:"X85'$7CR4$07)D@
MUGFA[R<>P[1'EF$K/L+!ZYJ6I.#ED9%>61)!.JQ`OVSI("]LK/P('</BZ3C<
ME)P-0'&@'56OAA0YK-P^-CT7^-!!W2]!A,L+MSE<T3-:"BYYK5R@\ZS0ZYHW
MWL8#ICRM*%2@V^X(4F?H/M@6,?+RU/3G#R4G.?GMR):?O@A:?:,]@6;#F/0`
M#IP_:>ACI4T0[%U%/Y@!_!!.16I\[-1/?OI*:-,JF+;)5_(.,L&GPZB^`E`Y
M?C'?)UJI-D.KQ(W7_BH(8^0<B%0/5,<BISQ*Q=E?"PIT]I$D/)-$(//L#]WP
M-@[BY/\LGE5D*BFPPGDJ^,F!VP$YY8#U70NVP'PNX:QC+`I:6VKTO8:;()`K
MP?J<AW'LI]XSM*D\@W86!)=\!`5SQ/Z"T/5IWF)B\$#9*`^*GLB[J-#6A8K-
M/,/N'<@<L;]&K!:%%->0S7IDF>E<S72:-D;QV#7MA9E/&@)=6_1D9T&1F;GN
MR7YI*":&67*8VSM-TM8,00EO4PA6HWK3]IW%K,T@DVBA:#_U1D$RCRVFWB#>
MW([NF3:XW^]HT]:EMF@DL-HLQFI;AW/G?NH,DJ6TJ7>5O!%;97:?[18P(AJR
M)UTGG9(?>[.$>3I:[3.R@V?$[*(W.F"[!]R0[U@TM)=.1VH(]=TU9!;V(;`'
MQ0=S40]<P5Z;GRV\UP3FZ[L`KCE7EX-^:L9_@/P?````__\#`%!+`P04``8`
M"````"$`3P1:^]P"``!:!P``&0```'AL+W=O<FMS:&5E=',O<VAE970X."YX
M;6R,5=N.FS`0?:_4?T!^7VX)81,!JPUHVY5:J:IZ>7;`@+6`D>UL=O^^8SL0
M()&Z+TF8.3X^<V8R1`]O;6.]$BXHZV+DV2ZR2)>S@G95C'[_>KJ[1Y:0N"MP
MPSH2HW<BT$/R^5-T8OQ%U(1("Q@Z$:-:RG[G."*O28N%S7K20:9DO,42'GGE
MB)X37.A#;>/XKKMQ6DP[9!AV_",<K"QI3C*6'UO224/"28,EZ!<U[<7`UN8?
MH6LQ?SGV=SEK>Z`XT(;*=TV*K#;?/5<=X_C00-UOWAKG`[=^N*)O:<Z98*6T
M@<XQ0J]KWCI;!YB2J*!0@;+=XJ2,T:.WRT+D))'VYP\E)S'Y;8F:G;YP6GRC
M'0&SH4VJ`0?&7A3TN5`A..Q<G7[2#?C!K8*4^-C(G^STE="JEM#M0!W)60,W
MP:?54C4"4#E^T]\G6L@Z1JN-'83NRO,#9!V(D$]4G456?A22M7\-R#M3&1+_
M3+(&F>>\;_OW@1=L_L_B&$6ZD@Q+G$2<G2R8#KA3]%C-FK<#YG,)9QUC46!M
MKM"/"JX/@5P!T=?$7[N;R'D%F_(S:&]`,.0CR)LCT@&AK%*\V23@@+)1'A0]
MD3>H4-&%BNW\AOT-R!R17B-6[AR274.VX0B9Z5S=U*FBT.N)$>#6A4&7OC>@
MM>ZU\B)=!K))8'8I].N&.2H:(Y!^<=\-%@W8&U"H.Q@&"TGI-.N%_J*_V32]
MW@3WMRV!R9ZHTY.U<L=!4MDK:RY,QAH#FEBS#&23P,R:S>SR86Y4=&X-]&,Y
M.0:TUM9L%J6GT^32MFR:]+:7HS-EX4UE*CI7YKG!:C36V&%`IFEW7C#/IK.L
MOZ@*UJ"Z8#CK7SINQ)D=9S9#2WA%4M(TPLK9L=.+*8G&J%FM>UBM>C\Y8P(V
M7H\K\AWSBG;":D@)1UT[A!YQLQS-@V2]_O,>F(1=IW_6\`XC,/NN#>"2,3D\
MJ/4[OA63?P```/__`P!02P,$%``&``@````A`#'PV<=R!```L`\``!D```!X
M;"]W;W)K<VAE971S+W-H965T.#<N>&ULE%?;CJ-&$'V/E']`O-O0^+:V;*^&
M:U;:2%&4W3QCW+;1`&T!'L_^?:II"D,U<F9>AO&I4]5UNJIOVZ_O>6:\\;)*
M1;$SV=0V#5XDXI@6YYWYXY]P\L4TJCHNCG$F"KXS?_'*_+K__;?M792OU87S
MVH`(1;4S+W5]W5A6E5QX'E=3<>4%6$ZBS.,:?I9GJ[J6/#XV3GEF.;:]M/(X
M+4P585-^)(8XG=*$^R*YY;RH59"29W$-^5>7]%IAM#SY2+@\+E]OUTDB\BN$
M.*196O]J@II&GFR^G0M1QH<,=+^S>9Q@[.:'%CY/DU)4XE1/(9RE$M4UKZVU
M!9'VVV,*"N2T&R4_[<P7MHG8S+3VVV:"?J;\7O7^-ZJ+N$=E>OR>%AQF&^HD
M*W`0XE52OQTE!,Z6YATV%?BK-([\%-^R^F]Q_X.GYTL-Y5Y(ET1D,!+\-?)4
M]@!(C]^;[ST]UI>=.5M.%RM[QIR%:1QX58>I]#6-Y%;5(O]7D5@;2@5QVB#P
M'0GRQ''6.L*W=63KQ^A/'.>M(WP_-R*(:O3"]W,C+EM'^'YNQ%7K"-\/C6BI
M"C65]>,ZWF]+<3=@N4`-JFLL%Q_;0+"VI&U=NB)#KR62_2+IC1.4KP+T;>_,
MUHNM]09MD[0D5Y%@U7<D-F1XR)"M(^/Z%`@H$%(@Z@$6B.D40;]\1I&D$T7K
M8;:NHO3U.$.&AXQ.#P*/*9C90Y\`*>@3(O#P6:^&/A%2P&>@&5J=:IXONJ))
M*RS!7CV@:,MA:%>1YLT2E"7Q*.!3(*!`2(&H!PSRA176RQ>;2Z([$S1V?0-Y
MDBEP%6G5]!Y;D=;SE/6APA_0:;"`TL,^?38G;1OUZ`,YL.Y[<II%U)M^:=5D
M?2'3KTAS)8NJ0B.VBH^`7("TK]"&Y!"!$7*$-MI0L"$]422MFB*Z:A2I5314
MZZ$-<_01&,DQ0!N20P0DF<QCA#8J"/8V*FCU6"'22@3-;3*QKB(I0<3FH0US
M]!$8$X0V)(<(C)`CM%%!\E)%-NY>STFK)HBTLZM(2M"$K>:D2&C&-'T$9)H3
M1C:0`*U(#Q%HZ-I:0BO5M=9U+>UN*Y-631?9C5U%&B^4LC&X^W2;#'/(Q/A/
M`@0?"1#V`TP8(_&C_XDQV%MDJD\*W9BU&9D-2^FV+"SUT.IU5BR=WR%-[6BE
M.RORPPX9Z^#.2$O-Y!'^Z&$\!AI8DT2ZTVU9[4%`4O1::^\@&/+IP1%H#N'0
M@1X=4=]A6#!Y2(^H4F<WN.&LN4R#/!WR=2C0H5"'H@$T3%&>RX\4FP-K!GVF
M[L8CMSYUCO=/9FW1N/#RD&M3CMHM+6=NT[/L0<-Y\'4HT*%0A^1CIQVR:RWU
M>%%7W)R79^[Q+*N,1-P*R&H)&TF'JD>3*Q]-LB84=S9PK=-QW]G`U4W'0V<#
MUS,=?V%@@$G1+3!C^%ZSNL'A&76-S_S/N#RG165D_`1IVU,XJXQ2O;C4CUI<
MFUOK0=3P@&K^O<#+F,/-S9X"^21$C3]@:*M[:^__`P``__\#`%!+`P04``8`
M"````"$`>NM`Q1`)``"R*0``&0```'AL+W=O<FMS:&5E=',O<VAE970X-BYX
M;6R,6MMN(SD.?5]@_\'P>V+7Q;<@R:"KA-X=8`=8+/;R[#B5Q&C;%;B<3L_?
MKR12$B]R[)=.YY`B3Y'4D1S7_6^_]KO1S^XX;/O#P[BXG8Y'W6'3/V\/KP_C
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MMW8\VGP,IW[_/W`J,!0$*3&(_8E!RED*\L7""A?:G[BP(-F_6%CC0OLS0ULO
MG,!C^W*9]6G]>'_L/T=V!NV##>]K-]'%G0WFZE3/;+\VSOC-6;V/A0>+_GPL
MJ^7T?O+3EGZ#3@TXV9V3G+A'&SQ<^5U<$X"TI$I1)Y9:Y&=+2O@%7@X5O%8\
M9P,N2]\GE[.5@"$`2VF;D4GI4#L<]"G+Y4PD!:<Z)96`(0!+:FN?2>K0A[$E
MFDI;+0N1%)P6T)[I0IA;,"=.AOI7]6P1PS%"=OHSA!PJ")4K67IPJCVAFZ).
M"7SSVV".TQ``-U\W99G",4+S+"&'"D+5LHR/Y#,VX)1*T$K`$(`E7623.O3B
M+(`322H!0P"6U!U":4^&F7>H>E+1[`:<H/2Z\L$:*T\`QF"59>!0P4`W'YRP
M^97L?;!&!@1@#`HK^:0(7IBJ:1(F9^9<YDO1=1_"RIF?PRI-%4PA6MV/N+F*
M4M33Q!B6,.?G)$PWJ0!EXSMVEK0-YA&]R&PHQ%"$9W:ZE<D,<G9!H`KPHIDE
M8J@/S^S$*Y,9-,W&B86TIX2H9%,$Y7.[O%@)Y6RC.4X&13@-)V`9&J!KC(8>
MSR+(H1>;JN(STT9SHA$6J`EPLI5HJ`D%56-TJJ7(U]@[B9MCV@^)&.K#"^%4
M*S$(0E&`F%V:!")YN",D8C"29\<S.^G*9`9%$\^L)B'HGI\$N>7:(IA3"PC"
M:3C]RM``66,T,I,0Q._,)`1SHD$03L.)6**A)@$TCM+16A5TT)&IA)*U!5@O
M:56((2>US&@IN>1Y,]=2NW]KOC,:]"*3JA!#$5:A,J^6'KYXD*(7S0PJFQ!#
M?7AF6W;9FV)Q:R_W8;N4SD,]OAQ:],*3M1#[N$4S[]!R.N=%-#&*:A&75C]"
M@F9&9?50EU1E;RKQ%"V:+](,411-+KURTDLMP6K2T0=/93GI:&4$[3"*T\+$
M((I@1I3IJ&=%672I<9_\N"@KQ%"$#UQ>E,NK1!F]TF"W"C$4X9F=3"89BO,-
MZDGE)W,\ET%CG0"IK@2C+;<_*TQT5PUP(IDA`=K)2&2F-RBLEV1QBV_+8$TL
M",)+X:0PL5!S"DI)V>@Y#6KJN(@+7%N"D8VIOCRBE^\FHV<OLI1>Z)2'I1+-
MQ!YNT(O,B$(,17CFO!!7(*AVVZ<K7.;3K93=%M<E+H8B/+.3V=22^,P.EL^L
M+H\5>(%HU+6<C&B.DT$13L-)6X8&*!Z="/M!5'QF:*J@BWX^"]&9-IH3C;!`
M;I/J:R'U9E45\6&J0:]4_58AAB*\$%PI8S]`^RSO+R=!*60E$4,1GCFOD!4H
M)&N!_AB!7C`)XEAHHS$U`()FMF!>+*N,6&;F(.AA3ALP1.J*H0BOA-.O-(Q2
MIBJ0-UH1)5/H@_<2?MUHT7A!IF((-:09%26'::55U!XLXNQHT"N5HU6(H0@K
M4)T72@]?O#>B%\FL$$,1GID+9>9"5H,:TNYDSE7T0N42_4$C[X^^-<88LD&U
M32[GA]\:O8<0$CW/Z`4DY5F'QHLD'1?\),LKZ33P_)#7()&TC&K(T2<_Y&AD
M_#)7QAA#%3$CQ63*:WVGM='ER8!>=-9@74(,]>$5RDNQ)>$J>D&*T2OE:15B
M*,(SYZ6XODJ*T>M,5XCPPI4QNJL&Y*6XODJ*T>O,Z`:=MBF1!$%X);Z6XOH*
M*4:?,U0@`)M2?6.,(52-N!2'T[K.2'`I_^C:H!<=$5B7$$-]6&%F>0GV\,7A
M1*^4IU6(H0C/S"4X///L*MU%+VC&HA#[M8WF.!D4X32XR$8:H'=4MS(WQAEX
M`8V;E;RX1G.B$1;("9A]+:/>+(2^6@DM;]"+]@/D-R&&^O!"<*&,A0"ANR!3
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M5\DQ>M',4J`-]>&9\W(\OTJ.T>M,5XCVPH4MNJL&Y-5X?I4:H]<9$D1ZD01!
M>"6^%N/Y%6*,/O#ZAA1C-+(IU;=&],IL(B[&083G(*_V&V9;5/^$C89:#1D&
M\4)PT0VG$KXT%=_`BN?`''26[@_U7`TZN>^CTQ^CJI7\[B6YA<<Q#&)$[4MG
M2E?<%ZSPRI0FZOVYT!1*;!OTDDRE*":WR)1!P!1>:H.WM/;=\;5KN]UN&&WZ
MCX,M@SM+(PHOTS7%G7V[R884N+$OV>7P;_/EG>NE7F%+;BVKG&4Q#6_L36(:
M^R+=^_JU^V-]?-T>AM&N>[$$I[<+6\\CO','OYSZ=_^VUE-_LJ_0^?^^V7<C
M._M:UO36.K_T_2G\8DE-XMN6C_\'``#__P,`4$L#!!0`!@`(````(0#&X]AV
M4P<``*@@```9````>&PO=V]R:W-H965T<R]S:&5E=#<W+GAM;)1:VV[B2!!]
M7VG_`?E]`C80$A0R&NSNWI%VI=5J+\\.F&`-8&0[DYF_WVJWVZX+PN1E&$Y5
ME^MRNJM,Y^GSC^-A]#TKJ[PXK8+P;A*,LM.FV.:GUU7PS]_ZTT,PJNKTM$T/
MQ2E;!3^S*OC\_.LO3^]%^:W:9UD]`@NG:A7LZ_J\'(^KS3X[IM5=<<Y.(-D5
MY3&MX6OY.J[.999NFT7'PSB:3.['QS0_!<["LKS%1K';Y9LL*39OQ^Q4.R-E
M=DAK\+_:Y^?*6SMN;C%W3,MO;^=/F^)X!A,O^2&O?S9&@]%QL_SZ>BK*].4`
M<?\(9^G&VVZ^"//'?%,65;&K[\#<V#DJ8WX</X[!TO/3-H<(;-I'9;9;!5_"
MI9G.@O'S4Y.@?_/LO4+_'U7[XMV4^?;W_)1!MJ%.M@(O1?'-JG[=6@@6C\5J
MW53@SW*TS7;IVZ'^JWC_+<M?]S64>VZ7;(H#/`G^'1USRP$(/?W1?+[GVWJ_
M"J;W=_/%9!I&\V#TDE6USNW:8+1YJ^KB^)]3"EM3SDC4&H%/;V1R-XOFBX?&
MRI65TW8E?+8KP]EM*V?M2OC\X#,AKB9D^/S@,^_;E?#YP6<NVI7P>=LSQZY.
M37V3M$Z?G\KB?02;!BI1G5.[!<,E6&L+VU:G*S4P;F.UOUCU9A$4L0+T^W,4
MS1^>QM^!/)M6:>V48.]W2B'5B+V&)9"UFW!`<4!SP"!@#,%T$0%K/A*156<1
M/5)OUTX%QQ-1C=AK=/%XH$_!=$+7**_BUV@/]&L>%W2-\2JPAL0,?.<Q3R==
MT:P4-B*J1S1Y8*;73JDY0YJ2Q!Q(.*`XH#E@$$#\A5W&_9W-.W^M=!5`K#U_
M)E.:B;7363047#`"QD[8QY)@[7M67L6U-=:>S^F##=(F(<'V1R'Y_6)1&LK\
MGAI<.Y7>V9@#"0<4!S0'#`*(EW#4("^;[8Z(8J6#1'%*R%\.)!Q0'-`<,`@@
M_L*1Q/U%1+%2FMU0$,7IS"X3Q0O]'DP\8$\V010O]-K:`U9;$,4+^5ZU,U%_
MXGJB6)2&`@<K8^K:*:'4<R#A@.*`YH!!`$G](_&34\5*!ZGBE)"_'$@XH#B@
M.6`00/P-8:I!B6T<1EQIQ#3#DBRMDF/+G)W8<2?U!$@ZQ#(@7+"S0G5BOT!W
M2+.`G5NFDW+.A+;9]:01L;E>B$_,*+IG[J\;(ZL`E4,@B4"40+1`#$9H36S#
M8GZC\R9T_0RZ1'?27^A,K1;VVZWKD43H*(%H@1B,4+]MXV)^8RZYOH;S?8%+
MOOG94D>L&''HI+;B7>QAQ.:DI-5R?`P7;.Q0-QG1Q`@[4LR0"9H6V_RNI,7U
M1IP6H"&+:1VB#NHF#8$D`E$"T0(Q&*%^VW;(_,8T=-T2*M*5XA(-44]M_>9(
M`N]$]ECLB:D$H@5B,$+]MFV1^8UIZ+HFSO<%&OK6VM"0SAYQZ(24A0\3-J(D
MK9JC(3NTU&TV-+$1LNU@!HW0O-C>>B4OKO7BO``/V>99AZA!M_7D2")TE$"T
M0`Q&J-^VUS*_,0]=*Q[B(6K8K=\<24*.*(%H@1B,4+]MSV5^8QZZEHSS?8&'
MOF];'GX*)S-.12>G5)0'(K&R8$94>(L1W6HY.G\2@]N0$9*:Z,+4@4K:B.G4
M`53D+S.M5G]LQ`))!*($H@5B,$+]OC!18+_=1#%`Q<AI8;\YD@@=)1`M$(,1
MZC>P[`H5(RNF^994;)7:^H</[&2(6_D`%9F5"7NA5C=9T0-6S)`5FAP[5+!]
MBHMJQ30Y0$:VA]:1T\)%Y4@B=)1`M$`,1JC?%^8*[+>;&,"+:_TY$G.%0!*!
M*(%H@1B,4+]MNV?Y1N>B_<F3Y?L"&?W(T+P1L+X8MR:&J$ALL--%W61#MUK^
M4&0C@!DR0O-R86[!]91S"_"0O3RM(S^X^)>G6"")0)1`M$`,1JC?%^8*[+>;
M#X9XR*>(..)((A`E$"T0@Q'JMVWW5WCHIH'K_3GR(X/E(:M^W`HI#>6<2&Q,
M^:!XFQ'=&?%U-QBA<=MV?R5N-PW@N(%G++9UY$<*_[Q8((E`E$"T0`Q&B-_`
M*>$WXEDC'OQQI=5"Y[1`$H$H@6B!&(Q0OR\,#>B\F[KFC_,MS[M6R?UR&_'?
MV.)63)DFQD!B).03G+K)B*9&>/\V0T9H9NS<T3/1_ZHWM3#<+KC[+7O3L990
M+*%$0DI"6D*&0-1%V\5[%YO?D.R;I[M.DU<]4]?U235Y(=:MDOTAI>_-T3V;
MA>)>S6^R1$)*0EI"AD`TP@MCQ-4(W<2`?0_%H;:&>]6FAE@-CA%VNL6]6A]B
MM])#2FII"=FKW/:1L-"%Z*YFW=7=,2M?LS@['*K1IG@[0>+M;NI0=R4,?OL[
M82Z!R^*&D!R/EG%D+V(9GD1+N*R2N(Z6<"$E\2]3$``/I03H`I*IE8R[A\#U
M\3E]S?Y(R]?\5(T.V0X"FMPM@)JENVEV7^KBW-S3O10U7!PW_]W#7P1DL*DF
M=Z"\*XK:?[$/Z/[&X/E_````__\#`%!+`P04``8`"````"$`&8DM9.P$``!7
M$0``&0```'AL+W=O<FMS:&5E=',O<VAE970W-BYX;6R,6%UOZC@0?5]I_T.4
M=T@<($`%7%V(NGNE76FUVH_G-!B(2F*4I*7WW^_8X\0S3N^V+[3,G(R/9TY.
M8C9?WJIK\"J;ME3U-A33.`QD7:AC69^WX=]_/4Y68=!V>7W,KZJ6V_"[;,,O
MNY]_VMQ5\]Q>I.P"J%"WV_#2=;>'*&J+BZSR=JINLH;,2355WL'7YARUMT;F
M1W-1=8V2.$ZC*B_K$"L\-)^IH4ZGLI"9*EXJ67=8I)'7O`/^[:6\M7VUJOA,
MN2IOGE]NDT)5-RCQ5%[+[KLI&@95\?#M7*LF?[K"OM_$/"_ZVN;+J'Q5%HUJ
MU:F;0KD(B8[WO([6$53:;8XE[$"W/6CD:1M^%0]9,@^CW<8TZ)]2WEOR?]!>
MU/V7ICS^5M82N@USTA-X4NI90[\==0@NCD97/YH)_-$$1WG*7Z[=G^K^JRS/
MEP[&O="7%.H**\%G4)5:`[#U_,W\O9?'[K(-9^ETL8QG(EF$P9-LN\=27QL&
MQ4O;J>I?!`E;"HLDML@<:-I\,DU6"[%(/ZX2(2.SDRSO\MVF4?<`Y`%KMK=<
MBTT\0&6[!<MCV!3TMM#HKQIN+@*Z+41?=TFR2#;1*[2IL*`]@D#E`TAPQ*%'
MZ%;INAD)1,!LH`>;)O1Z%CKJL5CS%?;O0#CB,$;,8@[)QI#U<H`PGC/&T[1Q
MOABZIK,P<]*0)$X60R73@CV"C%Q-X.`',A)@B\/<2)/,XK-X6%QGMR%LQ4TC
M]N:Q1\S2#'0=SSBS`\V*Y=*U`&?'TJNE:R(C"4+W29(.Z:Q/TJ.Q1\S<D%RN
M/(XTF7IBR&ARX?K.^*5C?J2).NOS<X5P@(A!?A/A90]]=I!\']`WT43$#L]H
M+<>T2-MTEM."V]'O&X*(L/Q`1@)L<?V@\LR!+*ZS'ZH:061Q/Y"1`%M\/5Z<
M#$1G^<[%2-6(P8&,58W9U,@)5.T)*F/I%9$4(RG@H>&WB+`T:4X3!C3GVMU;
ME%7.?.ZD@$9@\T@5E#7WN7H%8G>'<K+:97\\3X$FS)W"%Y,%(5?A$3FP[&3F
M>*!3L+1PI3E+[;H>2]I2-&7.TNO87B"(R&X4R8:(N0%3MQ7.1INN8],_@01Z
M,6?A2J`A6!#V:C[WQGY@Z9E_VV8V;04*[PJ#:CA!;;^.H''_U+F_0'>F1$&!
MHWXABO;+CV2VDL%P!MI>/0;$)N"-Z!,^85&40>_:@V-2#&>@O=1C0"6#5DM[
M,#8+0?TX<0\Q>PO2[&0U$C9-KQ.7YC2USWHT::/0ACE-=Y-83?5>K54KO#>O
M@Z#9B9_.>#K]@:"T(3N6@^+1ISF[D>)[,]?L_/?"@Z!9D3I!6W>@Z73A1L";
MJ(W9T1OI'7V;T@2]NZW:+B**JLV/9()$&(/D'<\G8S3I#Y^+%D48C"(9C7`&
M_V_DR6>,W(+L0V?F*XFE1>J&@;-B:3!ZUV!.%.;@#VOMS"G1Z='CT=T]."R+
MHJW"ZUPDHQC.@/NW_V:>H(_#Y_!V_,ZKN46Y]0ZC2$8CG,$[!DWE,C9HX;^!
M[^$4JQN%+^@C<^+9\:SHQ9-DZ>X[Y(GG6SP55K(YRX.\7MN@4"\U-$7`"](0
MQ7/U'L[5YFP:#0DX[=[RL_P];\YEW097>8)+X^D2/+S!@S%^Z=3-'-R>5`?G
M7//O!7[`D'`&C*<`/BG5]5_`]Z/A)Y'=?P```/__`P!02P,$%``&``@````A
M`'.EZYI`'@``3I@``!D```!X;"]W;W)K<VAE971S+W-H965T-S4N>&ULE)W;
M;AQ)CH;O%]AW$'0OJS*K2@?#]J#ST#L#[`*+Q1ZNU7+9%MIR&9*Z/?/V2P:#
M#/)G2/+<C*=)1N97#`;_S%1%UKN__/W^Z\F?AX?'N^.W]Z?#F\WIR>';[?'C
MW;?/[T__Y[]_/;LZ/7E\NOGV\>;K\=OA_>D_#H^G?_GPK__R[L?QX??'+X?#
MTPD=X=OC^],O3T_?WYZ?/]Y^.=S?/+XY?C]\(\^GX\/]S1/]Y\/G\\?O#X>;
MCV70_=?S<;.Y.+^_N?MV*D=X^_`SQSA^^G1W>UB.MW_<'[X]R4$>#E]OGHC_
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M6SI636[]I)9NFO9;COZ%P\L@2N0C6?_\,(Z;BW?G?]($WM:@28)H`5K0$"-F
MC>!)Y.,N:%B=X9Q0C9?FY9_AY7#@O8XLDX1XVC%&S!IAM&IH'W"[B6-6#>'*
M]OQ4'\B_W5AZV4MEZS(W;JXNXZ$G"=J5%<#)F]&PH&%UAD!#5>=H=)+9^OZ4
M/H'-'TTR4DC0I=3`=H\Y$W>#7'S\=K^%^-7%!T*JR0XA6Q/A%>1)@G:%$*9G
M5I]-J1JXI,^@1%9UXF1>!+BR>-QDLC=!PJ$G"1+(81\_P:Q.HU0#4VYWF$/U
M(N;EBYCL1<P!\C5)D&!N<36KTS#54#"A.ZSJ1$H6;.A$+IGL390`,DF04)Z!
M<U:G4:J!*>'SKNI#R.L`J0N&K0D.9F>2(($;(2FS.@U.#0QW"76QJA/I!A)7
MET/%*^;$MXW%-M4H`81\S.8T0+/TTF?.1,A]O<VR$4J[CRUGV"&A1-7YW0Z8
MQ$']#5(L%Z4'G`WC)4S*ZH>$OC-P`^^`2E\'4)B?J0Q^?ZJ%B*MI-G\#E>/J
M1[N$C[[Z$9&36WN'4SH^<$+"ID%U@>=PW*5)5W?#5$L9,$#'7>UX:=JYO7<H
MI>L#)2K-H-K`)SVC:[%8%K/Y&V8<<0V?>_4C8C:YTW<X10"`$S[]1!>EW`:D
MV,;--7R.N?J=)L812417/R)R<JMOG$5Y=GN[C!A$"8`7I:=&2<WML5V:MV55
M]87G8;N':5C]@`C+';_!VIH7(8B0(QQU&B2J)G6[29A.3NJEI!^QWVSA8Z_U
MB&4:(B<W_0ZG:`%P`L<TJ&)P<G8[Z`BSN5LV98!\L&&_@VI:_8B(R=V_8>)5
MQR#B`+C0]Z8:5?O-%9Y]-G_CE>-J*]U?0GFO?D@`'J,J(7!QHSJ-J$XU2H"A
M2&9S&JU9>#H@?#4GA4=2EHOG4SN*FD!JH55/-4I;.61^-G=C5=EB5JQ6'QY9
M"<.QZJH:V9RR">4XU:AGLBF'<'WJI?#5G"F;+!8MFT8H&@)9A!8]C5YIH!AF
M<[8<^O`TW^I,A'U9&GNR-$*]3S6JSO-%NJ0S?X.4X^H2NAIA6E8_)$YVU*6R
MA(;+-_1,PK+:DZ@1FLK$#S&H.BKS+N55W'SU9K=^PPBM;JD'T8^QN82Y6VO`
MLX>)'RU*F7V>GH2-L#JFT4L23/MLSC8!/GRX2NE7=ZH3EI1.)8O2Q$K&)P'3
MJ`K5:46S.1NC#S^#[K'Z^)C&OGB-/?'"&[BI1E4MH@><<(55_;XC>/4:DRRO
M?D3D[*B7NW(9>^J%#PNF&E7+&.IS-F_+J1Q5XH<KJ*+5#PBP=/_IYQTOLXH;
M>^T6%M54HUKRYF19DF7UELCTLD;1DUA>X=3Q;`7W'B&IY&B*YCJN42[)LGI+
M9&+%R.MC*T(2UT=ZD%2C:O%=#%#R<_5[,CEN'7%U!06P^A&1DX6@<>*5R%9T
M`GBA6J8:)<6$5Y>S>36SBUEX_0]7L+96<].`"-L7IVU/G-*M<HVJ*X0>W\&*
M-G_#E./JB/3,P8^(G%&;M(%O>X*$3[BF&M4F=TZ6Q2R<P+,AW1N;/V60^WF;
M;B.3-A^G&>]EIZU$U2+;8<^<J[^1+W%$*N35CX@9C/*2VDQ/9H94EEXW<EFJ
MM\VW6DI97J"&;]6=DAJ%)L%V!0>OD;<2U9(W)\N2+*NWQ`1V1(4:J$VXM/_7
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M$9-[=FX]>VGEL&QP5=<HP03G;,X&J?K`TXU7O:N/CXA]]=AWU0/F<ZI1KE,G
MRY(LJ[=$EI?58_]3ZE&C/).,:Y8EQ:S>$IGZZK'_*?6H43*%Z8;=O&T.O7JD
M!:M."H^(?>W8][0#(:8:U9(S)\MBEE):<(N\FC=Q1?&P;M<5#>BYTSZJ`#3#
MV=PM=W$`E.KJ!X3L7?1UHYA33X:C3C5*)AC:PFQ.8S1+222LZ=6\F,B+OFP4
M<T+$;E>CW`0GRV*6(A58>.9-7'VEN.@J!7S:J49)ZB"OLSE;ZKQ08!6O/C[.
M;E\H+GI"L4VIT[ZO%',=UY*Y),OJ+9$EJ@%>'%](`Z=SOO1$LD8U@CE9EF19
MO24R]=O_1:_]I[OO&B53F/XT:E[-WF(6+K/TUQ#SIC*+LJ!]Y$+:>E31=&U<
MHX01KB]F<S9$U8JR$J#KK#X^IC&J1)K:KEI`OY@NM,'SN6$1SN9LJ#X<2G?U
MX9$TBD4B[8H&M/SI0J(DJ6<)5;T-52W\R0:(7^UH:>*C@"36KI#`#<-T$74A
M7KK-YFVL&J^6U<>$7%[VI:.84U^&VIMJE.00[YEF\RK%8I:2P_@Q5G-B"B_[
MTE',"1$UN$;5:882F\W;$.,=!S3UU0^(>>SKR&571V!-3C6J0J8N9.Y&Z97D
M#/_TN_H!D;(O)9<]*<&OW$TU2BA3)E%GEA`.%;V:,TUV%!AME)<B++%1#@`Q
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M500HIAI5&>%*;S9O8PPJ,L)'7OV`L*"O^C)2S+A8DAC7*('$+Y?-YFV0*BR<
M2/A,JP^/B%%%M.=<==4#NL14HP1Q#UF>S=L0O7Q@CUI]?&3LZ(?[@_!51S_&
M;6)%M9CK.+]<,&;U,9'I9?VX^BG]J%&-8$Z6)5E6;XE,??VX^BG]J%$REZGS
MJ;BTJ50+5QN$KW8L"@^$UWWU*.:T(&"9336JKEJ8W]F\AFB6TEG@6G$U;V*,
M2J(KXKJG(&G1UBAAQ$<ULWD;HQQ5XO%O[:N/CWF,`F*,7>$`69JN529*7O!;
MF+.Y&V08@->0JQ\0*?LZ<MW5$9C/J4;UZ]&<C5&%HE>//CP21A7!JX;KGIK@
MMW&F&N56<;(LR;)Z2V2*HI&8I,W3QWWI`=RUBH$F:$Z6)5E6;XE,?96X[JE$
MNC*M43*3<!$RFU-!%[/P3$(/6,U)X9'P98VX[FE$NJ2J44*:MAR:MZ$FO?`Q
MD2_JA:U8T0E:8&TVQ_1EEVN)\A6&EL5B9%7#HQ?SIKSU->.ZIQFYVZD(:$;F
M.JZ1+F9A+KA$6,V)6,.FKQ1B3U*!+4[#ZDS":6G_(Q^=OZ.CX$LSE?RA6C1W
M)NWKQ;#I"@:V.0WK][GF=:!>,F`YK6%`*,!APUT<;CK<7;CX,;.X/6_2L)8Z
MRJ;J@X-$$Y$Y$Y!%G<".-VRDM[_2\C0LD,G(9J)Y1A.1.1.017W053ML>L*0
M&I^&R=Q"*Z.TR4$"G)JX"//<JC?7X,N:,6Q$#F@&7)M)M[\:]DS_:VXWSZHS
M?6#U9N"^H`R;GJ*D?JAASX+*44)FU526-_0+*@%U9](H+*T$NHH"<T;+126"
MSPO/M*@$U.LRJB8>@+=Q80"4:E]@ADU782`!Q*F"4O(#[8]`U>U`U51&0'53
M1M6=,]J7'/K&2FG*L4C3URLU3.8>$D2@*$FTXM7$H)E3O8FS;'N'ANEN.X>Z
M+=[S#E?X1]])PUHQSMFT9!-M9G<B%>>Z['-_B4PDXK6&Z;?+E]VV1*;BTN8Y
MF8C,10$9-_E&9JNE[GCWN>J\A62PC?$\5;CLB8Z/'F7;3#PB_9DDC`!2;OJ-
M-(E.W?T>B=,5X^`WR6L.G9S43<P6U2U!\^82Y([?(%LZ10D`#FJ;2D\%@T]+
M>^WC12'E4_UNMM4D0^((FGEU9]0H00VU)SUIY\C@-\=K'IUZ:![5)'3PMVG"
M4W_&XP;?RZ0T?LAD:N.V'9Y/G)J.>5T>55`Z`XA3O9F3VW^/4V0!.%,;M^WP
MO>FC"5=Q<:!JZHT@4G5G4F[P/5)I_$":KGMM1SR?-PFC>1VH"@H/P%HF4'5G
M4.[P#;2L=/H64ZM048`(O`,)I,7DA$(K%$W4Q]%$9,X4>U#9N@YD7F'JUO;7
M^KC?`5_)DFD9DHE>0_*LPI2-ZHW,<E4WL,=<Y0M?V^?.<Y66BWG;Y)J)!T!5
M$^>S>E.VJS?.U,7K=G;@A;Y!;WBA@"(L?/KT59'F=L!^!#[_#`-@RJ/LM,2*
M:$30W";37GEZ^TR6&S.5CY/^7A&&`![W]Y;/AB=]'_!2F_1;WK42G6+4+FY1
MC)<>>@[F3BNY;$7OT74U)K6<L%\>YHSRZ+1#0=7$H%#&5)7JS9Q1;$I5^EOM
MNI<=LIFKTJF$9A--M*[5Q)#0M0A2O1F2.WM+9EXZTOD]).UWA2S0TG$"H9!H
M(D@T$9DS01%&9<EDTNI?;8M.$90,342&)B)S)B#C5MYRUI:'M'B?J][EK6U-
MYZFZ2J)G;M=F5#M*!>;957>:79*1+FFQXU.>](?ZH8;5&^Q$:NY&:B8F36\Z
M:`?,I-S<6T[3;-=]ZI#;M%AL.WMG&<R#>1VPBDIG`+W[2KV9ETA>Y&4_9CC?
M.-BV=CX]WK@0L!REW34NS52`84Z(V(V(55LVI;<,6]76S>HTSCT5RC>PMJ>=
MSYL>I9K79585B0=<I*+U(P#T&?7YN5WR@VUJY_.>H7A23K,4F4F&I"L/\^<R
MX.[?2ZJH`B05TD;O:E/Q*"?&JTUB5;]+JYK*$#@BS;^Z,RIK0`]5M`%0DZC;
M3G<^[Q;<1.H4INJFF<J(7`!N!!0`:T*/5+0"2&&V**DJ*25#X"92=;N<JJF,
MP+>]4%+5GY/*(M%#%?$`U'0M8KO?^<3X4EA"=1*D2553&9&7O[HS:12M=#52
M-[T#<6ZP3FNJG/KM\DJI44R99UZ]";)L:6_I3)!URWN$Q'>F3O0Z09H5_X2(
MWB>(IB6;Z!V"+BK69-F_#F0D=M9%Z_[VUZY&_#;XFKYD(C(G.R6*R)P)R"@;
MO1*L^]ICKO)-FFU_YZD:H:`H;WQTGTJB4U.97/Q.$J&J/T\O2\)+213)`.14
M@[87G@%HCV-\/$7,JCP$4`O23&4(K$-"=B,@NU&,TG5)?W\](%%%HN@0)9HH
MLVIBRM3:S9OSRDV_Y;45I8A!S"<^-"$XU8R2'#@O@:K;I5--O1&43G5GTF=$
MJ.Z(!U)`(5*G&;I\T$1I5)-,-AR%\-2?\;C1]Q(I`@!X((*$ISK!)X:V1WE4
MK\NCFG@`/)@E3O5F3F[S/4YI_\`)$DB<JA(E07`S1Z#J=J!J*B.PA`A5_1DU
MZDZK31$!0(652:BJ%7QBF$DB5:\C51,/P'Y&H.I.H&4G?,MITIZZ4QZ`4W.R
M#?5\_E0#YFW`9NH,H+?%/JM(SVS0'[H[]/&U@/1B6R<H=2DETY*CB,@-C+VR
M;(&'#'J-K%ODJ=>V.XW\*OS![Z17,LHZJ%"*(C(7!63<WQN9%6%W$W[62-LT
M7XH0:I3>`>S4H^J-F4H50J,@4C<"2%_1F_Y^_*0WMH>>SP^-A8!59UP5JHD'
MX+-/`E9W7C;<ZWNI%0V`Y0+7%U2&*A5\WB&O%W4[4C7Q".A=!*K>#,I=OP<J
M:@"@D#,"5=$H"<+[8\JI^AVIFF0(3!*QJC^S<N?OL8HB`"NT16)5X9`3X_61
MN1VJCE`3T3D3U"@W^QZ=B`#00?$3G6H%TZ576C2WHE`7\B-V(&=$JNZ<1^[V
M/5)1`2"%`Q.IBD7)([XMEN9<_0Y5364(S`RAJCNAEAWU'=2ZTQY0H0=-@VW(
MY_/B6U#GYFZD8<0>#DAO_GY6>,H>^T::A++NP8_$N[2@_%;]VN:3:1F2B<B>
M%:"RM1[(O`#5K?>O"9#?H:]D]&E`@%(4D;FHN&3*1OM&9@)4-^#'7&4!LGWZ
M9<E`*FEVG9Q4`3(3C[B`$43J1@#I*P)4M^<#<;H,LEW\91VD%RD/YG<%J1I3
MAL`1"5G=>>EPS^\E5[0@HN*U*RT=E8QRWGP[:7Z'&H?D]*H_LW+/[[&*%@`K
M]`]B=9*AI8DF6C1JDN3'_D^95'>FXY[?HQ,M`+K4V6TG/Y\7O[-%9>H41<M4
M33P"WTI-I.K.I-SS>Z2B!4":.KOMXW]NSIVD**J:RA#X[(2J[HS*/;^'*EH`
MJ-"(:<I5,DJ*X+R45'73>95433QBGXM3W8FT;,UOI*FSUZW[0`PKE7[>0:6C
M9`K<<W,WXC`"KA'IQQWT>!F8I:`!6UOMO3-@@V]^)%"G)'4U)=.2HXC(#8SM
MLVS);T3I>5'=LO^:!/F=_4I&:0<)2E%$YJ*`C%M^(VNY$BF(DXI_CZ=<J6*4
M,L2_`-.LJM_-JIIX"+59[$-^"+"^(D+=UP3@S3XQJV0(<SP_(:O;(:NIC(#2
MI>RJ.U<B=_R6W3SOH@B095B;1*S"P><_R[)I?H?LAV1B]69B5H%&W.I!U"&2
MXJN2B51%I$QN_F$<\SM2/V3$$J+LJC^SL@XTUMR81">`&1H),:N<E.RF5FIN
MA^Q'X&Y2(E9W)F8Y:,0MNR(3D11_6H9(G9KH^D<3=28T$9$SP9KBMM^(<H6*
M+-":??'IC'\G@)(Y02DF(D,3D3E3)"O;^1N9Y:IN\X^YRIVIAM7W)--34USG
M_G4!E2^,&:_SE8<?`[3/:$[=YP^T\$2#?E-(I8-K<)?_/&W^5H355#]@[V>%
M])BI#,ON_I;:-.EU]S]`IX5C+PDH"^<:ER[]%!(=`<2IFH2:7O&>WBX1!D&.
M63D:=JL(413`A0FG''OA.>LE60-<DL6DN+TLNT&`R[+0PQ6Y`%SHT83K5*4N
MJ61:6E0IG%CC],M2[A@`QPK0@Q-EB'"YS]L[`_BT(][&T\P[@='%):;G%B3!
MNC$`RQ+08%.C[[Z1(/V6R&`O$2CUBBV#H)W2*+2:>`C^*9Z0U9V7&&M`0VZU
M*MH0\XNOF:7)=Q*BDX\FFGPT$9$S01)9`QI17O2B$53.+W9Z_X8!)7/JHGE#
M$Y$Y$Y"Q!C2REBO1AI@KG#;*E9,0)4(3Y4I-9?*A`1.=NM-,EI<!-+J4M_JR
M`*!,S=*_4Z!2)M,RF*FL*US.YLV0S\A/]\T$^%46^HTX)Q4*AR:"4U,_A>;.
M=)0<-\%I_=:W!,04YO7K7R:@E'SD^$4$BQ)*N'.F'Z]S0V(=EE<!M)FV.JRO
M"(AX>$%!271*H'AHHB2BB8B<"8BBA.3:D_Y.XU]<L_Y]`DKFE*&8B`Q-1.9,
M0,;-NI<K:>(Q5WG-VML$>)+@3R#TDX1."10.303G3``7]:)-I+1K@(->0!.I
M79WA<+$0G;JISI4.343G3$#'+;JE+D^JM'"@S`U%.WVI\W3;XM\VH)0Z0L&)
MTIF`DMMUHVPYE#8>Z?(%@KU4@.EPEP'ET(F!TJ&)Z)P)Z+A=-[K<4:2=`V7.
MH7;]9W*H;DT8+1(T$:4S!4KZ>;47*<6/7P?&=Q]-&M:^[TL_@^D>?DG^LHE^
M_=)%`5G4"ZS!L;Z@X)7&HF&!3$7"<I:CB,Q%`1G-F9M9K;NQOB(@SFAJ+!HF
M7TZ_QE<44.+X\$$PU%0O3*]1=PC6C0%8[MQ0ANY/2_0THYP-H+$,-4R@\6*0
MF.4H+<M+,W'AYI\::WZ:!4#FEMZ06WZEU0,JM!6J154$/C'\G9U(U>LF'TV4
M3V<".&[I/3AI]0"'=WAC?96![DQ(7QQH`8Y/5:2T@#']V&T8`[3<XGNTTOJ!
M%BY$*)6J$.7,^%T<2J;Z':R8]':T\X.<?A#0<JOOT8H$`"W>CH[I=00$Z,1#
MFY":I"Y!6FGJU9_KDGM]#T\T(.(EO:%?/J3AO*[YQ)?X*T'$JGZ73#7QD-0J
MB%7]F94[?F-%]:%?!"\PP)R7O0H'`^#WE0E9W0Y93049#DC$ZD[$\+X"6_6=
M]Q2,XRY-OG_=0)EI^G%CIRUU\I-I#5&Q',M[`B"'OG76]PB\ID#^=0-*YK1%
MR=!$9,X$9#1O;G9;KMB.:IT5R-XZH--&N9*1OH&;B6<R+1/SYHF,BM/@>DJ#
MUZ[TB]4H)02'IJ69&`[?=46I<R,@==S985+=YL:QOB(@+@S\?7FB=`*ADXHF
MHD03D3D3D$5E21<\]>T`],E>NI,:_4L$E$P%1.>;R-!$9,X$9-S36\[:C$JO
MC[GJE)NJ1"DDJ"2:774[.C7QB/2,.XP`4F[>C33G4)H[$$.7HME5#2C5!7__
M(V)U.V(U23W"_2(E5_UYN7`/?PE9>CP@XQ_@1GN!0`&`BR)"=DJA'4=-/"(#
MJS<#<PMOP*T:I+5'T"R#]CZ!SFF)T^F#<JJ)!^`%$V56W0FTO!^@@28-K.\/
M`.!4#/::@9)9!)AIIRSE(UZOFTF&I.2:/S-SSP=FKSGU70*!F=Z:%A_#3:-_
MY4!M`LFTY*@UF.+2>N5=!6-]"<%K[<G>54`?7<GHTV`"T41DS@1DW.Q;SJP@
MZWL$0J[H\B[E2K6B5U\TO>I68,J;FLH(6(I$JNX\N]S\&VEJ3_7=`4"<KG7L
M%0-\?JA7`G8*4Y=0,A&DBX)T1AUJZ11]B'#X=T`J/941J?UT`V9^ET\=HB;"
M<R;`8VUH.6QXHAF`!XV0\+RTP-11[M2K)#39:"(X9P(X;O,].&G_`)=+456B
MY"[3J=O1J:F,@&03J;II!)!R?^^12M\'TG1G:"\9X/-"?Z,T.O'0$E03#\`F
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MCM\YV2>_'9\H^^7_?CG<?#P\<#0%?SH>G_0_^`0_C@^_ES1\^'\!````__\#
M`%!+`P04``8`"````"$`P"36I-X+``"/-P``&0```'AL+W=O<FMS:&5E=',O
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M')ZVWUXO_QS?_SKLGU\NKMR-=]F-K^XON7]GA[WO`;?T[>_AY_O^\?)R/Z]6
M-TV[K(JRF<^^#.?+Y[WWG<]VW\Z7\?!?,"HP%`0I,8C[B4'*YJ9<-T6S\E$^
M\*S0T_U$S_5-6RPW5?NQ7XU^[N?_^1==W+!@]_-G_N("\A7RW&\OVX>[T_@^
M<\WK,G)^V_JM4-RZ6#[!FZ4K],XK/WEML''BLY-^?RB+=7NW^.YJMD.C#HS<
MEDM&W,),%KYN/FX_"9)+M>0^=C+Q[>&P1L"N.`3P!-1+!=`-#]B!R3I4W(,P
M4M!+@24"AL&5F6`(2:M2TKS6]1_-1[%>"S1@5"<T4M!+@24"AL8U#T$S9<1+
M[^=N!;$J52TP@$D;ZKI>EEQK0)L0]M2\%-FUQ)J!<SU%P,E4>2T'N2XXC`Y,
M5M!\JTJB!#5!R>T;$<X2>X9SI7'63=P'7LMQNGT@4M"!48)BI*"7`DL$#$VK
MT9`&\]JK#09&!(T4]%)@B8"A\6PJ9D31WKB1./6:-Y#IV8@-W8$1`20%_20(
M<T8TJP5EX2@D-G11INHRP!L&>$+II1QE)4<9F-2AV01^,^GB$)L$6;B34HXO
MOP"2S`E;$'-PM6CU#FWRZ*(RPHL2CT\LQD:EPN?GKB@VV0@%C&4Z5LIBD\H0
MQGN'5J362M(KB:425L["SV&!B6R'H+ZZ']"*8H+QGB2]LK%4PC'Y:2PP\4U1
MP+P6J5)%G::ZKU)=\>%G,(:O5K;KD4UIC$;\!7LM!E^6G^,?+PLFO5B6`-X5
M$Q_X9:W$I#2HO;8L&J-4RP+M#V/P9?FQGY85=QVP`5V+&@GNN.G'!NRZHA(\
M;J(Z[3OFL!29L=2!8_1DD,$(',$PBGQV!=@`219%*W)E4$\[G7G4A?"PU(.C
M]"214`9"%WT/-$(!NQ$AQGE73&03^E[\>8-:7MSU<L6W1\^"5&(*V:M!^,(\
MP:2%Q18!WJ&KT8,9;##]92'6:@K0T_0SCUKN>TL].$K/*PEE2/\J'3T+H!V*
MUN6^X6GKT"KA,4K2*XFE$H:IY)0FSWA!?74\HQ7!I"2]DE@JX9@XC4W5+#5]
MJ5,QVL"&+T7+F:B-^SU*?">K<W'42J(M79%D)0G1!C4_$+A*"C0=6M&L^;!^
M7"5\4F*I%\]:AM0(T9;`,^[?2$;N&"PF8H=6"8%1DEY)+)5P3'[.IXZ/E83Q
M3SM]7<BY6%(&D;LR*E.F/C"WU)P#S'.+?V)P[;B)-O%R(\IK4)]2V0N/1FQM
M2STXRCR[E)I=)%MW:`,;HEV*/VFB.N41@H+#6HY#2QTX1LXML=2:4-9+,>R[
MDO*)4INH3B"IPZ84-P%+'3A(/[HS_0@3G?:CXHF23OW:/5CB<]F@GI:;>=0;
MP9.6>G"4G"=B*C4_-*W8&%T)1M"5]5)>H0WJ*4SJ4:X5G5$/!M,-EUPR@Y@/
MOW4ILM6A$1[,EF+OFZB.%8\2/ZA;T4`V:IT]Q\BI)-";>ZPWI;32E.(&M6BG
M#JU2SHR2]$IBJ81C\C,]-:&DW`I&_I5!C584$_@E2:]L+)5P3!^31P7D03>(
M>M:#-G$>BG8WJ*?X(.KD(7O54@^.-D\KE::5<J4Z#XSPC[:M:KV)1U+K<0\-
MDWAPF)Q<Y'FOTB3CFD\R,EJEM!DEZ97$4@G'Q*E$-1],_VO--W'$E"-324FO
M))9*.*8\=509ZE"G!#2"02*&H8G*"6<?)7Z,B-:P4:FF"*>-D#1^;ZHT@[A:
MBBW0H16"%9=+@UI^;R)/R>!Y`8NAGA=<B\'SSGDFMRQ-.6Y9`GA7@14L2YY`
M#&JO+8O&4,\+KL5@RZHY+V66%2PX1;EEB<=L'5J1G:<D?92$^X/H/XO:'RZ=
MP^94-5%4K2E*/>9`&YQIZXV<::A/*^FYQZ82);74@Z/DY!51`OE0@I"-T-5@
M`VW2U()E353'S1HE@?.7HCXVJN5VK3F918P9$E-'T>![/X=4%LNE**E!/4TE
M9;&B+(6'I1X\E9XWTCD@P@0ZH:FL1$&[FE)2L2Y$:@SJ*4KFT<H/C"SUX"@S
M),9GG[OXRLN2VTTB#1U:X>P3D]&@EN\4_<R(!5'/C*X&X0OC3!C3#TQ&TZ_N
M`C780).LBI5*OV)#[M'(CV$MZD/!.,H\-]::&_5=`(VPES>-Z"*#>MHE$!8'
M224?#UCJP6%RAHS)U+2H[P(U&"%]"%(V49O&`K5OQ;7;4GL.,<-VY.E;G:4Z
MD;(.K5+*C)+T2F*IA&%J,E3E[C)3^H+ZZM,WM"*8E*17$DLE'%.>AYH,#\D]
MCC902?7T+6IC):,DL*?(M8U:.=\;3R1I<`:")Y>ZH!;L[K[ZP^_K'5K1K$W\
ME/!)B:5>/&N<<P(F6DD@"??O1T_?&K"BF*2D5S:62C@F3C`*DR8:=:EK*&V4
M;2-)&_4)<<\]U,,<2STX6DXT<0]DV$5=ZAHPPKF5@0EZ"I-Y;-0W6#!B\.`P
M.6V$I#KBB7`U?92E.F4TDB",DO1*8JF$8^(DH0H-4_U:\X%5RI%II*17$DLE
M'%.>$9H,(ZA+'1KA68%O7!.5:9M20A`SR5)S#C##!_Q@TV0I01Q=.K1"L.(@
M;5#+#S;J4L=BJ$O=M1AL68[2U'#DRPH68C[J2QU:(2N+V6Q0>V59+(:ZU%V+
MP9?%62FTN%B6)JC,I6X%5J3+E:2/DNRE#K4_7#J'S:EJFA(K(!;W;Z0#=:E#
MFVFFR2>]!O5I);WP6(M.M=2#H_0LDP@UH@3RH2C5I6XU$13<T>3I+:KC9HT2
M[Z`_7XAJ2?HK3F818X;$U+@-OM/7`!0EF:A.("$J-+_^?($Z\$1Z5LDD$LB&
M)E)=Z5:4D#)?`T`]+3?ST%\#H!X<98;"Q%[*L)B^TJTF%O.EE)<D@UJ^3_25
MC@515[JK0?C".`_&'@$>H^F7:+L5V,!N:VKU"`7U-/W,8U.)UK?4@Z/,,^-*
M,Z.^TJ$1P,Q\O(-Z"A/"XAC1'^]0#PZ3\V-,IB9%?:5;@1'L'_=5:D'A49TV
M''50'^]0>X:QS9`=.8P%M6"Z4C[ZZ-`JY<PH2:\DEDHXI@Q3D9M`"P1TY3"&
M5A23)*Y>V5@JX9A<[V?F4NO%/#_J&Q5H`Z54=[JHC96,DD">HO(V:N5X;SD%
M!7YW!X2IZX*:(W7':G'8ZM"*9FVBIX1/2BSUXEGCE"./U2V0Q+5*3E0R(3#H
MEU#V2F*IA&/B#*,P::91=SK_6H.K.DX$_:ULU%-\W$-]`D8].%K.-+&:&7I1
M=[H6C.`;[J7^H`[U%";WT#!!'SPXS#QOM##AW5=;I]IU6F2TJ-<BRT3\CW,Z
M@).M2SB\L1)?G$E;0?,$_2XU?(FW!2/_#=AXPG0;1ER.3#*;5MAKD64BCIUS
MQ'7LFCP*=23HW$M)OD$E>$&P)IDE\-%S$ODWG#"8$P%X>&,)WJ0Y#*?GP0RO
MK^?9;OQV=,GR=_DHA3>ENN+6E+X)A+QW;U#EY)_:UKU:U68\NG;M-.$]%A'+
MK7IZ'6L15>XMJ;?M\_#W[>EY?SS/7H<G!W!YX_?;"5ZH@E\NXUMX@>;+>''O
M1X7_OK@7WP;WILSRQAD_C>-E^L6G(;Y*]_`_````__\#`%!+`P04``8`"```
M`"$`FDXA&4$D``"`P@``&0```'AL+W=O<FMS:&5E=',O<VAE970W,RYX;6R4
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M__'E]7\__?FO#X^_?WY%OJ_*D`]/7_!)^-^SKX]E$N#<[_]9__WS\>/KY_?G
MQ^N?KFXNCL/AZOSLMX>7U[\]EK'G9Q_^>'E]^OI_K=/0#F4'.;2#X-^-@W0&
M'MM`_-L&#I<_71ZN;F[KQW=&7K:1^/?_[R-Q5O6$\>^/?>0[BUB-]'3_>O_K
M+\]/?YYA_B(F+]_ORVH8?L;12HBO+Y#K#Z7QKZ6U]H'\`O4?OQXN;J]_>?</
M9.U#ZW2R3EAU:Z?88_0>)7/EN),+ZY#C11PS>Y<R0<"Z`",]!.R@1170NWC`
MDW6YK3DO$*,*DPHS"8$!F2:&&K3C&K32BAG(\;BXO1$:ZW2YTJ@PJ3"3$&@P
M>SHTI?7].<YDS<[%[:W06*>;FN'AXGHXQO;1VE?:*0ZXT3DQTX#`BBG682VM
MB57S:)VN*^OQ\EI1K9E00W^LR7AJ,_4/I->9]/)J61BE54GO9`J?K-.*,JHP
MJ3"3$&AN,@W-N-*Z.^.L$]&H,*DPDQ!HBL-*T2":TJJQ23/..ED6A\NC9&6T
MYA5V"OVOAX-DD?H'TKM,2EDLK4IZ)R@GZ[2BC"I,*LPD!)H!%M@)7&W>S6/K
M14!)F9(RLQ*92J%].YF#U>&=^M%Z7=JBO)$E.R[-JP'88=N`*QDP\X!(6TJR
MT%)"!ZO8D?9.)LNI]>((VKA5F5*?F97(5`JS,-%R&*QNXW^Y`JL?M%XKP9B4
M*2DS*Y&I%.`.D]7G&*>T1@>OXL7XKZ_BDAN7UC6IW/\VY=1;U=%Q29=8^1K$
M*G1DO9.R?ZH'>7_.\:/*WJXZ5)EY5(Q?*<2=^%F=WLLI5?-*,`ZJ3$F968E,
MI1QWF*Q:QSCEG'I-+SD=[F0:CH,WKTEUI5[]Y97JS2FKI20++6?5*G:DO;N,
M<^PT4%UO$51E2GUF5F($2V$6)EZI5K?WLDK5O3&I,@VJS*P$ID/?$VJS>E3*
M:NMEY50OQL:E=4GJHM19<"%+>UZ:-:F'#;.@I-9FA;V3HY]:+UJJ29F2,K,2
M`X@YU$GJH33OFFKKQ4PV;E6FU&=F)3*5FO_V1#N49HU33JKULJ3J%<_8CL%\
MW/\H=VDS]X^LI2X+*UGJP<JV+%0Y^JGU6FG&I$Q)F5F)3!N60`NUW-7_0$ZU
MW(]MW$HY)65F)3+U+>%@I3W&*>?4#:!:JEQJCNT8S,?][^2V;>;^D;54Y36G
MRUVR%>O(J!YP.E!)MP*7E"DI,RN19<,(.)=6T#%W>Y='!RW[8U*FI,RL1*92
MG]?XZ!W\P<IWC%/.I1?YDLO+@R1G;`?A9/*`FUNYA)EY0*!%M!(MK=#:K-5$
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M*5-29E8B4]\"+JV4[^2U];+5>B5K;UQ:?75,BU(6ZY5$?5Y:M?)>`F.C\E8Y
M6L)P<R-SZ]1Z<=S*X;@63ZG/S$J,6W0!7:.7Y@8[:[3U8B8;MRI3ZC.S$IGZ
M;G!I57TOEU[[2VYN#F)@8SL(`]J`]A1XN$[I]`.F=$:C<"-%]4T./USHX[_6
M:^48DS(E968EAF[#!GAI6H'?2V>R@4M5IJ3,K$2FO@U<6H'?2Z?ULNQ<'R_E
M/GYL1UGC.#7%1ES=W6G)Y1&1MV\1EQL6,:A1GUJOE6=,RI24F97(U+>!2[.!
MO;Q:+V9296I'6OO,K`2FJ[X-U.98SO!]K5IIZV4E]UJ_[QB7YJ7F+DJMN5JD
MYZ595^E5WR!JL]`.%_H(L/5:HS,F94K*S$J,8#0"+;Y75MAWLMIZ,9.-6Y4I
M]9E9B4RE<J^W!8FI-$N<-K)JO5HMO3E*U1NOK)T)XXA;B?S,(R)O*<L=7JO:
MH;H,^HSQ=$6UW9XR)&5*RLQ*9(J.D&)HSH`S[CUEN+)>:XS&I$Q)F5F)3'UG
MN+(*'^*TD5?W@7IWHM\QC^T@*_*T*&7`H+='\]*<5FO?,ZXV/`,_%9`']JW7
MBC,F94K*S$J,8-\7KLP7]K)JO9A)E:D=:>TSLQ*9^KYP9?5]+ZO6RU;KX>)*
M:O38CK+R3$UIZ_OVD%8K^4K@Q?/YM%KIF7UMENHR7.@E<.NU\HQ)F9(RLQ*9
M^LYP;;<..WEMO9C)QJW*E/K,K$2F4L+?KFK7I5GBE%=KZ]6R-%QK%6[M3&C'
M]1$W<@LT\XC(6\JW\"+@?BU\79J%=[B0>79JO5:>,2E34F96(E/?&:ZMYN_E
M-3E#&[=23DF968E,?6>XMIJ_LUY;KW:;*E5O7%J72Z9%*458?X`P+ZU:@Z\W
M'(-SNN$8PX7<9YWJ0?CF=$S*E)29E1B_OB]<FR_LY=1ZK1D<V[A5F9(RLQ*9
M^KYP;?5]+Z?N`M59TTKUUC6GKI3^1XGZW#ZSGD]DW?`+W$PNZW3#+X9!'Q->
M4W6WJZ6D3$F960E,-QN>0/>LM7GW<5+KM69P3,J4E)F5R-3WA!NK[3LY;;UL
MG>J/1,:E=<GIHM2+I2LUU:59%^I-J=I2?"FIM5F+[R"/-TZM%P>P'):7[I3Z
MS*S$`&X8`B?5#&%GH=Y8+V9294I]9E8B4]\0;JS4[R75#:$NU$L)X]@.LB)/
MBU*SJC?`\]*<LKIA%9S5#:L8](OYTXWU6G'&I$Q)F5F)$=RP!,ZJ6<)>5JT7
M,ZDRW:@RLQ*9^I9P8\5^+ZMN"36K\3YB;(=8@:=%*=W3.O5CI8R6FBWKE*-G
M)3V0#OKKY].-%WXO&V-2IJ3,K,3H;1@",UFIW\MH,H0;5::DS*P$IMN^(=1F
MJ6?YXK?ULN)[H^5N7)H]C%-29E8B8-\=;C?<81ADFIQ:KW56C4F9DC*S$IE*
MM7Y[<MV6YET7;;V8R<:MRI3ZS*Q$IE*M.TQ6S,.$WTBD]6I/"&5IWGKCFD95
M9NX3\?I^<+OA!\,@#YY/K=<:H#$I4U)F5B+31M6G]7AK]1SGV'MTU'HQD_K`
ME/K,K$2F4HP[:;1:O9=&K^BE9%Y)%,=;;UWSJ,K,?2+?A@.04]YN.,`PR&W3
MJ?7BF%$=KY>Y4^HSLQ*9^K7^UJKX7AY3K6_C5LHI*3,KD:E?ZV^M9N_ET2M[
MS:,\(!C;,9B/^^L/(&;N'UCO-CR`<EJ;Q0.&01\4M5XKS9B4*2DS*Y&I7_;O
MK.SOY+3U8B8;MRI3ZC.S$IE*?7Y[;=Z59HG3A3Z&/;5>5F(/E[(TQJ5Y69Q-
M\>=$5W*_.O.(B%NJL^!R6DNSX`Z#/B>ZLUYKP,:D3$F968E,?1NX,QO82ZOU
M8B95IG:DM<_,2F3JV\"=E7-9JO(4X-1Z65J':UD=X]*\IE5=8N8^$;"49TDD
M/1RZL^H=`(<A`6J-']NX-4134F96(M.&#Y!WWED]WTND5OVQC6,F[3-SG\C4
M]X$[J_`A3AOK,_E`&\=,WJ?49;W<G;E_Y-OP!%Z0&YXP'/2!T)W7>)])8U*F
MI,RL!";\,"U/+DJDM>]>S'JW-4ACEK`[K7P8/^;`]C22A*QO`?CI52Y@.9_>
MS0NN7-2NS1Y/4*I)@)(DH2Q57Q9GB%]IUS)[D$<9)_Q812*#^*D$,I5`1I*0
ME=+=([/2OK-&\7.+3*82R%0"&4E"UG<!_!8@QVPKLU[URS),/\/VHZQ3$I0\
M(F]I6IHQ%X1XPR-HZ>);[DP\',2JD64M^LBR2J!4";$D2<@VS"',/ZO[R$7O
M+@9?Z.8LJP0RE4!&DI#U+0+?->:8;679#:!D.6\8]L.$-/L07]/`)$DP^ZZ!
MK\XRYG"0BW&DUCW!/Q.I50D!5`ED)`G9AE^$U)H5[*8V.0:^.I)L@TPED)$4
MR>JFXDYI:9N.49IXTNDE";[M:!@EM4>-*78/>[O'=,H2M@Q3+\&,#N+?O`Q;
M>YL'_6+]Y-W6F04B\@&[3\T2B*B7$)5JW0N<5?.]E/*69/M6"(^C4TJ3!#+J
M)62E6O?(2KOX6'Z`A&>HM9O=K>`W:'HA[!W6H"*G8<R-/H8%M76H8X1ZQTG:
M7F6<=7\BLB_(%1>2[JTT#54")$D"68IW+[16W`,DWB`3KU0P'<D#/.DJ(9@J
M@8PD(2O%NT=FQ1WAY_!)3D%&'N!D*H%,)9"1)&2E7O?(K)Z'F&U-1R_[U3SR
M-<+&MN=%*D/R9BT\^:@S?&LREDHNS'2?AIOK.C(P#P=Y`H!HDB%X-%5"-%5"
M-$F2:)9*+F3L)&V3\FZ>R1"<3"60J00RDB)9W7'<(6L[DD/,-O+,&Y<;69+P
M:@=WBI+:(6W?6MNQT`4S.DG]E2%?_[5-R@%S.*2%PGN9'9.\HDK`5`FOH"!)
MR/"9O=3^V#9H7*O6N;F6Y3%+(-->("-)R$K5[J76JCK&<W'1!U"XU&ID)6EZ
M20U*;UZ+\R+5$9($$-,((2XEO$=L)3X0#UI4\)81<@+/LDJ(I4H@(TG(2@GO
MD5F)QYEQ+.74049.X&0J@4PED)$D9*6$]\BLQ(>8;2U@=X):==,6$I3)-@LH
MS2;Y@]&TB22,$>@==VE[F@/TH%`()UF!AU,EA%,EA),D(2LUO!=.J_&[B28K
M<#*50*82R$@2LE+#>V16XT/,MA+M5E`3K2_^P'KV=DJT2V7(E?[L#<S>GLHV
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M/*L$,I*$K%3T'IE5_!"SC;J][)HN29-[%F29;,.SK!(@21+(4L(%,B362GR`
MQ*I+B24G\/"IA/"I!#*2(EG=!2UDG-BV2WHOL;R9NI$E:1J2-`=)R$H)[Y%9
MB0\QVTCLLG6Z)#;]6&18FE<_3A(HW[23NAM:*/FFN.V6#I2H6II9WE3M\<,8
M<9#4"V342^)7BK:0A<R6]OUOOGAKM9/92#:-U`MDU$O(=DSCQW9E#\N^ZYI9
M62QXC1]90P7'_'.IC,@&O#2GPHRURK%<[*WJR7C3HZW6;0T8Z,@$G$XEQ)`D
MB>&&583L6BE'#KK&RSNM/;MD`DZF$LA($K)2JGOSSDIY6!%;Z]:ZV>W/]97N
M'$`$R1*<D\=<W>@[=$%-8X2ZU.X>M=5VH4Z/_-NNZ_9\^'@I"QW4Y!%.;5*[
MT;O6_>B@IC%"7>JZ4(?J8W4_4*<'0Z>!]V7[+"#'<$Z50$92)*N;IX6,YV?;
M7+TW/WD/=B-+TC0D"2_`?//6I&ZA[I']F*\L.[%++<FS<VE>?661R@C]M3^(
MW_28NL%:B/&[^J4*M0W8DN7T=(3W:7LL,48\)O4"&?62+)<:+V0AR^8!NUFV
M;EP?>9-VFW])`AD-%+(=CVD;KD/,-JK0LB^[9CG?SB_ME&8VF8-><8#9VY/+
MU`W7$LV09W.#P(R+3KV6X'W;GF?R$8^F2B`C2:)9JKV0A3R;&^SFF4S#R53"
M:E8)9"0)6:GH/3*K^"%F6WEV8RAY3B\:'7@CM\>/1^!G*C$+0/;VG.92S@4Y
MI-G*?4#&%7S\`+P8F%S!@ZD2@JD2R$B28)9R+F0AS5;N=]-,KN!D*H%,)9"1
M%,E@:EVRVBX78AMI;MWLQU)2(/$28_*,EN5%JNM?W!RO-*81`ERJN802O9>:
MW;9KQR1?RG>S)[PZ"(?AQTB@5`GO6E8)9"0)&3Y3R3C);6/V7I)Y_W9+<I)`
M5CZ,^4%&DI"5:BXQ"V2E_0>2;-TLR4>Y&$?\O'DMV8M4G3EGF48(\8;+A"Q;
MK9<LIP=SO,?;8TDNX7-1)<22)"$KM;P72ZOU.+/N_0'OZ'8R<@DG4PED)`E9
MJ>4],JOU(68;OYMJ^[K;53/^(DZLC\@S>89SFM3&7.K&#5#3&*$NY5RH<7>V
MKF<K]X$:-^<1"NN97,'CJ1)6C4H@(TG(2CD7LK!JK-SO9II<P<E4`IE*("-)
MR$HY[Y%9N0\QVRK:[@IE=::_J#'P9G#/,X_(O[?A$9&X;N+N$+=-WH$8#SHT
MR[P7O,4R2=.0I#E(0E;J>8_,ZOU>EGGCMY.14[3XI5X@HUY"AFATR4K[?M5N
MV[]M;5X=]6U<>(._'6>]24`$36IC#I=R*0QJ&B/4I:9+/'D]MYW?&+_61SP_
M2IDNAV%_`Z=*X%0)9"0)6:GI0L;KN>WRQOB5+/T0[33P9G#/-+F%9UHED)$D
M9*6F]\BLYH>8;:SG94MXO:;2+3D((%F'8[I4AZ17GH8APEPJNC"'/%O%#\QX
M[);R3,;@T50)>58)T21)R$I%%[*09ZOXNWDF8W`RE4"F$LA($K)2T7MD5O%#
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MMK>!]ZI[IN,8_44,J*U#O7X3ZE+3A3IDVFI^H,97#RG39`T>3Y403Y5`1I*0
ME9HN9&%-6\W?S319@Y.I!#*50$92)*L[RSMD;>=YB-E&II<-ZJ4.ZW75."S-
MOGCP%Z#<3,H(?5**/P?ES:ERUWWG0LQ9;OO2`S&^QM$L\_;U%LLD@9(,I/8"
M&4D22WQF+\MM"_I>EGFGNI.5(W,Q!YE*("-)R$I-EYCQ_&L;T3&>[P52#5SV
MJY><Z99;9+E\BE"Z5$<D?^810KSA-?Q$K&U3#\3XZBMEF6S!8ZD28JD28DF2
MD)5ZWHNEU?O=+),M.)E*(%,)9"0)6:GG/3*K]R%F6VO9;:'D3(P62?966LHN
ME0$W\JP*P-Z<EW(IY0(<DFRE/@#C6\249'($#Z5*"*5*("-)0EE*N9"%!6.E
M?C?)Y`A.IA+(5`(924)62GF/S$I]B-E6DMT12L[PO5B,*=+L[91FE^H0_?DO
MF+U=\XR_"Y^9*<_6+H]V\)UL9#IYM_7)#?YR']E$#?"4)?RY/NH5HGFH&];?
MCJ:U[_ZXR;L%,K())U,)9"0)&3+8R?.A;6C?R;-WLR\Q]$]J(7[E4T+)7J62
M9KVO!3&-$.)2ZR66=$N%OQQ4/RL0XUOLE&7K%F*I$K*L$LA($K)2S(6,5C/N
M02H9QK/]Z<V>=PMD9!.>995`1I*0E6+>([-B'V*65S->D%U/H'T?J:_:0)J]
M?5G-60(F]1+,4L(%,RQ@*_$!$S\#2*DE)[!R>.!]\1Y`[04RDH2LE'`A"ZFU
M$K^;6G(")U,)DTXED)$D9*6$]\BLQ(>8Y>^GL#>84BO6A\1Z*R76I;)^)07@
M]=9<I$OY%MZ08ROO@3<9!XHTN8!'4B5$4B60D10C67>N"QGGN.ULW\LQ;X!O
M9$G"'U8EKZB]\)=521*R4KY[9%;>0\PV<KQLA"\I2U\_C(>E?<WR(E4S3L\W
MPQ!A!HTR<YEN>]\#,WZ%HFN9M\A[-,N1HYFD7H@F]1*R4L![T2SM^V;,V^"=
MS$:NE1MY5@ED)`E9*>`],BOP(69;>78?J'F6VRNDV9LIS2[5Q2R/*D#LS6DU
MU\WL0LRKN6UV#\3X14_*,EF"QU(EQ%(ED)$DL2RU7,C":K9:CUQTS9CWQ#L9
MN4250*82R$@2LE++>V16ZT/,MK+LEE!REM_$<N"=\8[I0SSSP"1),$L)%\RP
M@*W$!TS\)"JEEIS``Z@2`J@2R$@2LE+"A2RDUDK\;FK)"9Q,)9"I!#*2(EG=
MTMXA:UO>0\PV4AMVQN<WL1R6=L\C_B@VF4<]&?Q5;)($,_J)_RH$^\406+U!
MNM9G6MYM+7-CED!D!UM[@8@D(4)(>BG]L7WS!][^WE*:))"5#V,#`1E)0E:J
M=2^E5LTEI:G"M6WN_FV$[N9`!.TX:[C`:5(;<]0G$J"F,4)=*G:/VBJZ4*?%
MV[;`MR?KN,&-JQO4Y`PUX*`VR:GU3W*"FL8(=:GF0LUNTO:]!VK\=#!"G0Z\
M/=YG`?F$<ZH$,I*$K%1S(>.2TS;$(Q]=-TG[YA%!\@DG4PED)`E9*>`],BOP
M(68;MW9M#WS+](:=\"9YY[1#MS'7^ILV4+]I+G5CNU"'3%OQ#]3IBQUDFCS"
M,ZT29J1*("-)XEF*NY"%3%OQW\TT>823J00RE4!&4B0#19>LMDOUWLATZ]9^
M;WHC:WX\+.VKN2Q2N=0XJL?/88@P1Z>I;VKA/+>-[Y+G]$B.]\>W:"9I.B0)
M9&\Z3MW>WLESV_Z^E^=EE[Q'"P'$V01[`9E*("-)8E:J>H^LM/]`GJV;Y5D?
MDH#2FLM-YU*R\&*;6$M!SD?1KZMQ%CM'D3,KE5_.C+Y3.[3M\3(;TJ,[WD7O
MLX$\I4H@5PFT)`G9AO-@UB]71FT3/,YV"59^G=KIP'OEG8P\Q<E4`AE)0K;C
M/&T3?(C9UJIW`ZE+.&89D\%:=R<#'T32@G/8.8B<UX9OA;FPX5OXF78D1\3)
M8CSB*F$NJ`1:DH2L>(/,TC`7S#MVYP)9C).I!#*50$:2D!5OZ)&9=^S.!;(8
M)U,)9"YMS!A`6NN;,R:"UYWT`L[);COM`SA^W:[)3AORQT.2IBS-01*R#8/B
M9+>M]'O)YAWW+:1)`AFY4>T%,I*$#-'H)7MKJ_[&PE]VW)<TRO)!^,J'O#]_
M,XV5$N#6S;Q$W_J%D]@YBIQ8\0R9#'Q-T';BXYAKK4WO<#\=>,.^A[P<F6_L
M0*X2:$D2L@U_"I/!_`/C5[+\6^8#;\QW,G(>CZE*("-)R';\"0]F?N2:H'5K
M>93UA=E@1]F=#6Y6=4HE']@[BIQ9<0V9#2'FYBHR&]+]-6_P]YB[6_FE&6:#
M2H@Y24)6'*)'9@ZR.QO(:)Q,)9"I!#*2A*PX1(_,'"3$;.,QT[)1O^01OU*(
MY1;3P0ZS.QW<K\IA\/5H/`S.8^<P<F[%6.3<0G4PXPGGADTU\4-1'=R]//DX
M'940=95`2U(DJWOTA8QG:MO#OS<?>*M_FP])F@Y)FH,D9#LFUO;JAYAMS(=E
M2W])Y$W:BGA8VCVFP'3[*D/N=$,HF+T=0X09-)IG5([EBGOS+0$W\@#J=.#-
M_A[-<N3H`JD7R*B7D!5_Z.6YM.]_/\2;_9W,1O(SOM0+9-1+R(H_],C,/R3/
MJ5;REGXG(^>I$E+K4JT.<F,(2FM^LS@(^8Y_M;W\@1R;N'15\Y9_)W<SHDFI
M$FA)$K)2_WLQ-7]`3KJ>SUO^G8R<Q6.J$LA($K)2_WMDY@\A9AL7@,O._IK'
M.YD-XV%IIP"Z\Y0AN-2/:0"SM^=576J],(=5;5X0F+'M+7X`5K5;BC,!4R7,
M4)5`1I)$L]1U(0O5V^K^;I[)'CS/*H%,)9"1%,G@;EVRVK[_O*=U6XO+>$C2
MM$HEM5)-Y[4U);9NT)?P<6+;!GY)K%P+G`Z\S[^%+TF`)->HO4!&DH0/G]E+
M;-O`OY=8WN?O9.7(T4A2+Y!1+R$KA5QBQE.N[>,/,=M8P&&[?UJ^K?7-.ES/
M!2$M+.5<K`K$!8>3L.8WCR(G5FJ_G%B8#.8-X<2P43-^*":#.\RZRI,$<NT%
M6I*$;,=GVC[_W<E`=N&30260J00RDH2LU'F)69@,Y@,A9EN3P>VBY#'=P+47
M`KR91I\,?)#\M<W>4>3$-FPJ3(8-F\(.V#09R%,\Y"HAY"HAY"0)63&#7LC-
M+'8G`WF*DZD$,I5`1I*0%3/HD9E9[$X&]Y2ZJ*6:H_Q;\^YLX*/D1_Q[1XEG
M5M\2(&?&3_K:6P3"F6'7L<Z&]+*!\9"D*4MSD(2L.(B0\0)LKPS8FPW\9H$V
M&Y($,K*KV@MD)`D9HM$E*^W[%P#\]@`GLY'K-0'(7-HH(("TUC>GC(`7UY"0
MAF27=@''1NZ4;.NV4B+9*@%<)="2)&3%(80L)-L<!..[5_7\<@$/*7E/E4"F
M$LA($K+B$#TR<Q#D@<G$]D\'A'GU<[E^1OBL]<TT.C@?1/],-TYBYRAR8AL&
MAPO0Y8:^O5H@G!CVQZ?)X-ZT7A3P2PF<7'N!EB0A*P[1"[DYR.YD(*/QR:`2
M)H-*("-)R(I#],C,04+,-BX*EK<,E#6=_LC3H37OS@:WJWH4F5,X"VM^\RAR
M9L54Y,S";##3"6>&=Q*DV>#>1+-!)<1<)="2%,GJZP6$C$M#>_W`WFS@MQ2T
MV9"DZ9"D.4A"MN-0[34#(68;LV%Y&T'-HUQHC8?6_&8>VPH+1]%?[.(LS,W>
M/(J<&9A[LV'S-0BW<D%S.O#;##SFY<CQ'BWU`BWU$K)B(;W94-KW'_;QVPR<
MS$:NKH;9H!+(2!*R8B$],K,8F0UI!2UO+"BS`=\PQ16&Z4!.Y:DWJ?VN*[V.
M`M`T1J"+90@T7Q%LO@7A-CWGXY<9>#C=J[P2()PJ@8PD(=NPI[#LS3Z0#O;=
M=*W"+S-P,C(>CZ!*("-)R(H]2,P"F=G';J+)99Q,)<3,I3(==`<7**WY1Y?U
MAGUQD6]O*@CD>"5)G()8UFX\GEK,2I5`KA)H29*8EO+?BZG9PVZVR44\IBJ!
M3"60D13)ZAL'.F3MC00A9AO?U2PO+K!E'4,Z'I9F#^F4I3E(0KEC1>WM!($2
MKW2)&*<#O\2@Q2])(*,[H]H+9"0)&3ZSE]D?>_O!@5]BX&3ER-%*4B^042\A
M*Z6\EUDK]2%F&_:]O*R@9/8O6AN16CL,^\HBU2'Z&D<PTQ!A+I6\QVR57IB3
MR2RO,7B+F0RC1AM)=ZD.2;_L`K1WP!06Z!V3::\N"-!X<T^:G.05/@54`J=*
M("-)R$J1[X733`#IZ)H,O\K`R<@^/((J@8PD(2N%O4=FA3_$;&MRLGUL34YO
MI[KCTEN3T]MSGDMY%V:^F&AO+PC,>`]2RC.YA$=3)>19)423)(EF*>]"QI;=
MWE&PFV=R"2=3"60J@8RD0';<>@<"D5F[/)+)]N+=;NK7!3G/WDY%R*4V)"]H
M[U#'"'1T&W]D<&RO+<`F5)].IPUMW-"F#6V.FB!@%FUD].S#'R^O3U__]>'Q
M]\]8LL/R...X\6*$]/-IT);#8IS,47G>B3-8^OF9X@R2AC-@S<[@W<OGAX?7
MZ?[U_M=?OCX\__XP/GSY\G+VX>F/;R`N7_@LZMGSPZ?WYZ?AY_%0(BKZ-/P\
M;^E_1=Q^KL'+8\H9EK8Z[MURP)=??_E^__O#_[Q__OWQV\O9EX=/0+GXJ3Q0
M>K9(VG^\/GTO03W[[>D54:[_]_/#_<>'Y](;G3\]/;WZ?^##W_WY]/SW>KJ_
M_C\!````__\#`%!+`P04``8`"````"$`!]V-4D$$``"U#0``&````'AL+W=O
M<FMS:&5E=',O<VAE970Q+GAM;)2738^C.!"&[R/M?T#<$S`$DHZ2C!I0[XXT
M(XWV\TR(25`#9K'3Z?GW4\;8V(9#SR4)Q>NJARI7X1P^OS>U\X9[6I'VZ**U
M[SJX+<BE:J]']Y^_7U8[UZ$L;R]Y35I\=']@ZGX^_?;I\"#]*[UAS!SPT-*C
M>V.LVWL>+6ZXR>F:=+B%.R7IFYS!97_U:-?C_#(L:FHO\/W8:_*J=86'??\1
M'Z0LJP)GI+@WN&7"28_KG`$_O54=E=Z:XB/NFKQ_O7>K@C0=N#A7=<5^#$Y=
MIRGV7ZXMZ?-S#<_]CC9Y(7T/%S/W357TA)*2K<&=)T#GS_SD/7G@Z72X5/`$
M/.U.C\NC^XSV&=JYWNDP).C?"C^H]MNA-_+XO:\N7ZL60[:A3BP__X5K7#!\
M@<JY#J_(F9!7OO0+F'P(0@<!#T+_EV&>`Q[%4V'TWS+DRU"V[[USP65^K]F?
MY/$'KJXW!I$BOKP@-6CATVDJOG$@7_F[P*@N['9TPW@=;?T0!9'KG#%E+Q5?
MZSK%G3+2_"=$:'0EG`2C$_A^B/L!^F4GX>@$OD<G*%@'NPA%\2^@;$8O\"V]
M;#[LQ1/)&1*<Y2P_'7KR<&![P^/3+N?-@O;@><SFF!*57RA;P=7/7'YTH0$A
M<Q2L;R?_X+U!N8I1D0@%?"H%,A6I5/"2<:>99O``2[%!TC4VB<"M'$$N3X1!
MCQA8$>>*T%1D<\5&*0PFJ*'&-.0KY+M:I(??A7VF/7RDW`R*1"@VBCZU#9EF
M,")#=;3(,B*W'EW`5^F.K8A"`9]*L345J53(C&::P4"`OEE`X%8386<&2(1"
M()R7=DTJ%0I!,Q@(\2("MYH(3Q:"4$1#\`W,^:F\0UU2<7^J2Z89#(#M(@"W
MF@#(;@PAV0P$@8]L`'E;94`S&`#\[3=UK-P'W&H!6'V7"(F^$9#=*%*B(#2#
M`?&T",&M%H35:(F0&!!V)J1$06@&`P+!&V<A%8/9PK#;<-08'%;CI$JC0'2+
M2<)'V+PH2$PVO3N1U7S)J!'[8H<VT<YB395BXA!^A]UJ<O`YML`AQIO!8?<H
M$AK.49Y6*Q2L0MA`)1_Q*V1U4ZK$$Y)<#A83B<^S!20QY@PD*TJ"Y"B<1E=@
M=56J-!.)7#4C@6IK)/;L1ORVN6T"NX5&S30FTM$2#VV-=E$<A^'6@LST969R
M^)A;2(Z8?GIR`JM5$SCS<%Q]!P=6LZ5*,R5'KIHEA\^[!1(Q!@T2JU\3I(U*
M,4QGEFRT;$6:HCA$*/#C:0^:6>&C;X%%3$2#Q>J5!,FIJ6V965:D9LJ*9C%)
M^/Q;(!%CT2"QID<"!^=9?:S>3Y5F(I&K5'W$H5B<V1K<7W&*ZYHZ!;FW\$)'
MD%!E5:?V\3BM;L"QN,NO^%O>7ZN6.C4N8:F_WL)FZ,4)6EPPT@TGPC-A<"`>
M?M[@[Q&&0YJ_!G%)"),7'%#]X3K]!```__\#`%!+`P04``8`"````"$`@L3#
M@M<$``#^$```&0```'AL+W=O<FMS:&5E=',O<VAE970W."YX;6R,6-MNHT@0
M?5]I_P'Q/H9N;K9E>S1FE-V1=J35:B_/!+=M%*`M(''F[[>::J"K(<F\)'95
M=9VZ'FCO/K]6I?,BFK:0]=YE*]]U1)W+4U%?]NX_?S]\6KM.VV7U*2ME+?;N
M#]&ZGP^__K*[R^:IO0K1.>"A;O?NM>MN6\]K\ZNHLG8E;Z(&S5DV5=;!U^;B
MM;=&9*?^4%5ZW/=CK\J*VD4/V^9G?,CSN<C%5YD_5Z+NT$DCRJR#^-MK<6L'
M;U7^,^ZJK'EZOGW*974#%X]%670_>J>N4^7;;Y=:-MEC"7F_LC#+!]_]EYG[
MJL@;V<ISMP)W'@8ZSWGC;3SP=-B="LA`E=UIQ'GO?F';E*]=[[#K"_1O(>ZM
M\=EIK_+^6U.<_BAJ`=6&/JD./$KYI$R_G90(#GNSTP]]!_YLG),X9\]E]Y>\
M_RZ*R[6#=D?J2"Y+0(*_3E6H&8#4L]?^_[TX==>]&\2K*/$#QB/7>11M]U"H
MLZZ3/[>=K/Y#(Z9=H1.NG000IM;S%5]'+(H_]N)A1'TF7[,N.^P:>7=@/`"S
MO65JV-@6/*L4D@A*F2OE%Z7M;4#<@O3EP'F\V7DO4)5<&QW1"(9Z,J(6Z=PB
M\$<3#R(9PX$DC7"&,)34"L,.`DWZ9O>AIX:`($"2"PA*NG?AS)A#%(\1]@Z/
M:!+V/5'%20T!00@)0E_2<"JITD+_#23.DZD:B(5&!I8A(%@P/D8V/5;@C^U3
M6IH58#$K+S1*L+LAI]J4:).I)B2*F$0Q=$U)9^B6_R,:A3TZVR06NJGE?C!J
M"7JRB*ZD,_3)`]89C1`]C$;W.$&F,IE.$FQ%Y=/Z#)DKJ8T=V1.+1D:/#0'!
MV!`,>YZ4]L-Y0B,#RQ`0+`8D:"1D#U2OMC-+0EJXH[:*<:0BW^IY2O5^,G6=
MQK+`3<9P,V05<V=ANJTF'K45QA)$:RO6E.J3]5NQ*#J9-YHARU@Q3%N"4Z:M
M=#W8;,>(GL5LJA>MAR*<*899;Y"/K%BF?'0L:*5C"1-K*E-&]('!@C062G+#
MX#/D*2N&M3T?`YNI!TH06^27:B=Z*^.IHS2"]ZD/GL/S';2S/6HKK`9C_H2%
M%$#U83!Q)XV%$N"L,TM,&$^,HCLSD)UZ?^@?,,R04#Q*>38E,&0NZ.3X-%MX
MQF@K@Q1,"<6C-#?+;XGOYJR`5KK6433;1*)?A],6T5@6Z-!D!60V.H%K:\2.
M;.`_?*6QEB2EZK>ZSBE7#CO0BV<<.66#W=96NAJ!P8'8>ZJ'5[QQAT@U^/L<
MV:OM6-;3%.M8D$EQX69]T3ZT=JHDC0,*;G#36`LEMO$3FP\X6B$"FY?"5'.#
MP6D$BKC>9D>.O`:NC)U83U75E4"K(1)K15/M1*N-.M)(*#?:V\*7.#*VMN&H
MK8SM-"44;X$)C1=.=3GX^`U!6YEX>*Z74+SWV8XOL=V,#;05EC+AUDBFHUK=
MO\@%@5+?.&A(>;2]QNNJ;B]::5`V`QW4,U#*?R/H(N_-IANM\`6;3?NC]QRU
M1I7QNHF7M$HT%Y&*LFR=7#[7,+H<7JI&*5YSCVQ[Y.I:8LE3=?U5<F]4P*7T
MEEW$]ZRY%'7KE.(,+OT5W/B<!N^O^*63M_Z^]2@[N([V'Z_P.X.`:X^_`N.S
ME-WP10&,OUP<_@<``/__`P!02P,$%``&``@````A`+>[3]15`P``PPD``!D`
M``!X;"]W;W)K<VAE971S+W-H965T-SDN>&ULC%9;;YLP%'Z?M/^`>"_7D)N2
M5(6J6Z5-FJ9=GATPP2I@9#M-^^]W;',S9&U?$O#Y?,YW[NQN7ZK2>L:,$UKO
M;=_Q;`O7*<U(?=K;OW\]W*QMBPM49ZBD-=[;KYC;MX?/GW87RIYX@;&P0$/-
M]W8A1+-U79X6N$+<H0VN09)35B$!K^SD\H9AE*E+5>D&GK=T*T1J6VO8LH_H
MH'E.4GQ/TW.%:Z&5,%PB`?QY01K>::O2CZBK$'LZ-S<IK1I0<20E$:]*J6U5
MZ?;Q5%.&CB7X_>(O4-KI5B\S]15)&>4T%PZH<S71N<\;=^."IL,N(^"!#+O%
M<+ZW[_QMXH>V>]BI`/TA^,)'SQ8OZ.4+(]DW4F.(-N1)9N!(Z9.$/F;R""Z[
ML]L/*@,_F)7A')U+\9->OF)R*@2D.Y)74EJ")?BU*B)K`%Q'+^K_0C)1[.UP
MZ40K+_2#R+:.F(L'(N_:5GKF@E9_-<AO56DE0:LD!)JM/'""=>1'R_>UN)J1
M\N0>"738,7JQH#S`)F^0+#9_"YI;%UH>O5,0VU2B[R1<70*Z'$Z?#T&P#G?N
M,X0I;4&Q!D&5]R#?1"0=0D87B/1LP,<1F\ZH/)T8W9@*XRL0$Y',$:'70PP2
M$(8K).2I)"&S*T,1=P>#EQ"*1:]2@9)W0(;=Q56[\A3J911,,!.99F(-6O3D
MDM&!80/*;>2;2G?H]=F5TKT-D>H3![:6$UL:M%+)]X<0:G__(S0X+-_D(*4S
M#JL)!PU:*`Y1&)C29"Q=A4.L#!:K.8M%U$="2F<LUJ:=6(-T)())F!)#.#`T
M.,A%,&F^$0<IG7&8%KX&0;I'*=M,LW(5-/2DP6GS)B<IG7+:#-[ISM`@G1U_
M,9D.R5BZ&A)KD/!A%D\C,ZI3)9[1F!B*.U3DJSKQ'&\H!5VM+4+UC6G_RE@<
MV]?SRVR4S:3W8U^C1ETY/C'MR>DT5$(W^'P]M-YI_A8UMJ/O7?%+SJ/!CNK_
M4<7!LOQ`>EN4SF\PB;I<N%)'VYM#)6I_]2[5&ZC"[(037);<2NFYA@*6B>I/
M]0Z/Y0Z7<\WM!;!9&W3"WQ$[D9I;)<[AJN>L8/8PO83UBZ"-VAI'*F"GJL<"
M/I8P#&_/`7!.J>A>I('^\^OP#P``__\#`%!+`P04``8`"````"$`<'1WQOD/
M``!=4```&0```'AL+W=O<FMS:&5E=',O<VAE970X,"YX;6R47-N.(CD2?5]I
M_P'Q7D5>((%65X\F,SV[(^U*J]5>GFF*JD)30`GHZ9F_7SLC;,<-<O9E:CHB
M''D<=ISC3"`___#;X7WRZ^Y\V9^.3]/RL9A.=L?MZ7E_?'V:_OM?/SVLII/+
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MNUQ_VH>QT\GVV^5Z.OP7@DI,!4DJ3.+_&DGN#*QQH/^+`\OF[I7F.,#__?^N
MY"<SS-/_O7NE&=1GJ&N_N6Z^?#Z?OD_\;O45N'QLPMXO/_DDH:!-X5=V&YP_
M!N\0X\T7;_WU2U6M%Y]GO_HUVF)0"T&^QW(0C^AB1%BGD+>/ACRD+O@8%T/"
M=O!8$V"_&`1P!!JL`NB:)VPA9-B<`XA.&GII<,3`,/AU-3`$J]]GM`[5NA$H
M(&@^[+-0BDX:>FEPQ,!0^,UBH`C6IZE'GE>C6B\%"@A:#BO:+`I1J@[<&63/
MXE?5G*=S))XA]!O*0!BL"N&*IVPA:`Y[3@&,WK2AHB%L43E;%YUR*_F>-.`%
MJX(G*M1"$,![*.>BOEUT)WS1$/`]^![BLW71+1$N383!*A#6A>B?%H(:7.)E
MR:_8@9LL,8MOUA6/=R2>+7&05L$?Y?+1DVSLS!"@P`HT+01A.==B*AUX2Z\6
M:4^7E4C1LQ2E2.%&4K`IK=F4XCR"571W78@JM1"4J]I)0R\-CA@8BC!=4MD(
M8S"+>NK^QBA8_6JYD/L3_1EHST>L"E%>1T=PG(&H\PY(.(&_!0_)+B\A"A9^
MJ5!&;VHC%E\KC"2>8PQ$;F`$?A<816^V)43AYJSDFG?)GU&R$>5*X8Q^V>YE
MH'H#)R@`PUD7->_0=ACLU1LHLZG%WNS03]<<\L81"X7SEO*4@?`SSN'4P+M^
MB.#;M"QD5[88!:45+=NA,VR\.VU_+X4;2\$W29`),:EYYC%_S%1$5DB:;#$J
M%[E3EEY9'+5P3$$8,J;47*`7?GE292I-1N',Z2F+8I&67L4X:N%8@@086$`9
MV.8T"(G*BT5(1%_PB,A&&(1$1G"<@>L-G"`!`J<B)"HCFI"B-[=ZM`1AUX04
MO:K1`^L;&$$,!$9%2%$RX#"A"2GZ,\IH&488A!3]$F=EB]!@YMWM]Y\D)(R*
M]*(("?UY?_9BA"(D.H*M>168/]?3(*0A@D,V"`FC;$)"YP@AW4OAQE+P2?E]
M0"85F[\*9CZ3JI!GWA:C<G$[9>F5Q5$+QQ*D(!<X80&%8$2D[WDJB*)8I*57
M,8Y:.!:N/@D+W(6(YA%GBK:*]RJA%>:5%,GD3KV3+&'`4FEY<JO6X7*24!HR
M4JTE#86'%`-UAXM*84S.C/%.N*/AO(ZVN%0@$J*.DH0PZD:G*)VY%^Z24]4P
M<+RQZX#Z&4)]`U1%@;BQTM&=JQ@M-U8ZNA7*P/(9I44^H`,"L#ANM554"W/1
MP3E&/G=2.,Q_,P7?'$$2Q*3(::@"Q6`S*O0V)KJ"SURDI<=,F1P<M3!,M:U&
M@UG<FFD2PJA\G4Y9>F5QU,*Q<,6)[5W#+0BKBSX-813%0FY=X/R38L)N*&OQ
M',DEM]R-M;\V6;@$+)B%:FC>&0:S(Z.R],EB;%.7G`I68/R\GQ(L$`)1+TDV
MM92+3EGZ9#%AD01\&6TMJ0TMT0R#4709H[HD4DDQ-Y:1#.#`N'P8I%(;2E++
M^_86HRC&*!898[28I0/G'V.-FDO*@-JW4%IM0UK\*4S<R`Y)^"94>J)B'+7P
M2@;>-G8>T+G?&/D>RF`-0OK`8+6T],KBJ(5C"?QL8`':%ET@CRXU)?=2GER2
M-R\KBQ>G"$?C.4;._&GM#,8W""3R^[#=^<)V=71FB-%BA#L:SA#.;1T8S(KB
M))=@E'UP2<Z$,%FLWDA.'\X1VNHP-]1!TPI&`<)2W%5UR9LA1NT8BBBZR=%X
MCI$+A<$P<T,S-,-@U(V"0HJ;[`%:=R^%0^?-%'Q2@>AU@\V!_UF#E?+&N<4H
MPI7*TBN+HQ:.Q=:6.5#^"/%@%,5"I`++)BV.CN)8`HL;=0%R9W71QQ5_[@MG
M![B1;XJE^`"P0W_&VK,1BY6\.W5T!,?)!222S]P0#DT^&`4[L2K$3567W+ES
MHJZ$SI$?U3D:ST':BC('91#%5/P3]2-<T_CH"+/08K(1^L,C.H+CM-5F;JB-
MP4(0A8NN#J`=9J$XZ8C%LE&?$H)_&,%Q!A7(F]-B(M`)5EJ#B:B:/*B/D>;@
MODDDV%0LB7QD[<:2L(DMN%`-$_-;/^[JP2T$JRY$V5J,RH7NE*57%D<M'),M
M30L0$<9*^I$R1E$L47Q24ZD81RT<BU]0LO"I+L$LZJ)9:0%1^'A1?\:%_HRU
M5Q9'+1R9K2,+0T?T@T^,NOG@$_T4&>3-%D=C.#*N*O*(O0!-8)U2JD>S&)6O
MURE+KRR.6C@F6UT6H!ML3^DC-D91+#`N6WH5XZB%8[$59&$JB#QB8Q0H2".?
MYW?)G3<[59!%)23'T0$<I2TA"U-"1-86HP!E+02F2]X,D@I(*9\DT'B.,?!U
MIN74G4#C;(=5:X&B742R'V1.'F*3-V-D\2*;H_$<8V!K`R.0.,.H)6Y!J;YI
MQ&;HDCN#I`,6M3@'.3J`H?3?J*(H#8$;(@3E:8'#*/NHC<X1>;N7PHVEX)/B
M0B*)J`%A$$L@2M9B5&[U3EEZ97'4PC'YRQG;H0GFT2>$&$6QP+ALZ56,HQ:.
MQ9:0QI`0+6X8!1)2-G-Q*.C03Y%!7ARQDMSEZ`B.DPM*;//&$!)]Y,8HV)%K
MA1)R4)31$FA!?OKB4C;?<1RC+3`-"`7;8YJ*,`HP/@@R[9(W=7FR#-2U%-SE
MDEN!M)6G,91'<Q%&X?(MY=<A._334D+>.&(E'_#0$;R87'LL-C)DR&`C*BOB
MZET#SC$VNI/"C:7@D^)BI=C($*VZ$%+8-E&$XE[HE*57%D<M'),M3@VHR,BQ
M"*/R@G?*TBN+HQ:&9<DE*';Y8!:ZH]D(HZ"#JI7HB"ZY8]GZ9`DM5*X$+[CD
MEBVTY)J24!I:HKEH&!R>&X>+2C%/SHP1DD*XT"5'PWD=;859@E*,,!%&P25E
MQR1G1@A)S7!'PSE"6W>6ANYH&L(HN&2E;J&3.V.$M#"@7,F#&QW`47+5,4AH
M:0B0)B&,,FO4H7.$A.ZE<&,I^*2X3$D26AIR52H2PBC2^,K2*XNC%H[)5J4E
MJ,<("6$4Q0+CLJ57,8Y:.)9`]_JTO@05$,TC.KC%*-2[M225#OT4&>3%$<U*
M?&3BZ`B.DXM)HB%#1`P:BB(2:$@=W);1FSLH6D*\^FH]C><8;7%9@KB(6HJV
M;#$*NN9!?HNQ2^X,$M+B@%H<HAP=P%"N;-D9S$)V-!EA5%QQ^1EXAWZRXGQ$
MTTB<=`3'R87'H*.5H4&:CC`*Z[02!XP.W2.$Q)((F7!C*?BT@H+DAANF11Y`
MKD!@V&:I"]EX&)7+W"E+KRR.6C@F6Y]6("0CA(11%`N,RY9>Q3AJX5BX"L5&
M7QG2HT]%&(7;LY0/5CKT4V20-XZ03QP<'<%Q<F%).`U!T82T@BC8DZ58W2YY
M4Z\GRW!X4_LO9O/Q'*,M-"L0#+;']#T:1F'?*(Q*='B\NME-;@725J"5H4`&
M'S$]*2O5W>"G"\Y'S,4(A]<=1O!B!E$0C<N_8;\"V6!U-?B(BHM8R@Y3C+'1
MG11N+`6?%)<LQ4:&=-7R4[QV%94H[M=.67IE<=3",*UM@1K,HT^,,"HO>*<L
MO;(X:N%8N`C%+E\;RJ/9"*.@@Q;BCJM+WEBU/EF&NR5Q0'#)*QMH'20C;\R$
M,9B%H&LF&@;'.S1Y%YF<&2(D1>(2\8[&\S+:`K,&H6`-HXD(HY"(5!F5V/!X
M>1N9O*J,MO"L#>'1/(11N-2B+EWRYCI"5HA?"7)U-)[7D8N.<29:&_JC.0BC
M;I44<HR0$,LA5L6A\V8*/BLN4Y*$UH9<U?+WIRU&T<97$J5B'+5P3$$FC*8"
M]?![[MY7U-92=3IEZ97%40O'PI4G-;@A-P8)4:TH!:ETZ^C-.S-:`@G5:EVC
M5W4/%Y*$T1`0@X2B@`S'&_$5M75T9HC18H0[&LZJ6!:VKH!=$:6H5!O#H&>D
M;F=O0IE-`>:#_!)8=LM2^J]?FGL/[`*HIJ(8!D`KC12T*S>*_Z%I-)EKGMT:
M*9<>@X_\5[JT#&E"BF&WJ@M);M()?$_D;A+_<]F1)&*W<,F2I.0_P#?F);^;
MXG>-E*=.F_P"R"B/EI@$,ENHR@(TQ8^[QTTQ+*^_1Q35B&Q>:?*(B$D@XK(4
MF[\L##'2#!7#8.U+]?7*["?P('/<XU+DV1"!E8M-QFJHC&8J_VQP6/9;^S1Z
M"=)H&GJ+<YNO:?3JUK(%J"Q`6_Q>IJNLV2I*T$`^\J?Y?LFCGR"-IF&(_(&Z
MQQK]&FM0!2V690%JP;!:A!5%)5Q8/?F*6?*&]?U"1Y3J1XG9KZ$&[<A03<8"
M>1&H!7_[SJ8JI%D6O*.,19/XKQZJ_3&2AN_M<#4Y.?)=_W+P2P$IU<PP+!>\
MBR.SJ=<F_YZA<'W\F8!`=D/2\.T!8YR57C(0=ZM'%#4KFCPB:?*(B$D@"FJ0
M-T+B`7QW`%M]@[/2*P;"GJWDTPX/+Z2GOYCP\*(I#"G5H3_[U::]]1("?'^`
MP"J>L+:>41%+N+"\-\E>4D@Z0#ZB9P-$38-"6#4%Y1`X%6>Q%P<\J)]3E,E/
MD$9-"E-[*)4.T"$"ZPW-PA_^,ZP&9Z7W`PSK+[\VX=<_"A3!&DW#^B]5K],A
M`FM0B5Q7B[3P'0$"MFYMT!MXS9`B+4P2VCB)BWZMBW^L.NPG,XEO.?#>3"*F
M%D0E3RVW(8B-[]]80+^/E<W76=E\HRF;1T5M`@)7KWC2P]>0I7>:I>\(A]>I
MR2<KJDH>+42%KD_%]$0AVLG/(,7%F?H9*)N?`;7!#."E;/#RL,/N_+KK=N_O
ME\GV].WH+QG.*,D*;X-KRT]=%2HJ[+U_2YQE_]'7+;P_;FF,"3-,[Y:;I83^
ME6\?F]?=WS?GU_WQ,GG?O7@HQ6/X,/0,;X>#?UQ/'\/;P;Z>KOYE;\/_OOG7
M^.W\"[B*1Q_\<CI=XS\\X%EZ,>"7_P$``/__`P!02P,$%``&``@````A`)?,
MFM#[`@``B`@``!D```!X;"]W;W)K<VAE971S+W-H965T.#4N>&ULC%9=;]HP
M%'V?M/]@^;TD#H0``JJRJENE39JF?3R;Q$FL)G%DF]+^^UW;"1"'K>4!DNOC
M<Z[/];59W[[4%7IF4G'1;#"9A!BQ)A49;XH-_O7SX6:!D=*TR6@E&K;!KTSA
MV^W'#^NCD$^J9$PC8&C4!I=:MZL@4&G):JHFHF4-C.1"UE3#JRP"U4I&,SNI
MKH(H#.=!37F#'<-*OH=#Y#E/V;U(#S5KM".1K*(:\E<E;U7/5J?OH:NI?#JT
M-ZFH6Z#8\XKK5TN*49VN'HM&2+JO8-TO9$;3GMN^C.AKGDJA1*XG0!>X1,=K
M7@;+`)BVZXS#"HSM2+)\@^_(:D=F.-BNK4&_.3NJBV>D2G'\+'GVE3<,W(8Z
MF0KLA7@RT,?,A&!R,)K]8"OP7:*,Y?10Z1_B^(7QHM10[MA,244%2O"-:F[V
M`"R=OMC?(\]TN<'3^21.PBF)8HSV3.D';N9BE!Z4%O4?!R(=E2.).A+X[4A(
M-(D6,8GG;[,$+B.[DGNJZ78MQ1'!]@!-U5*SV<@*F,T2YB%8F9K!.S-J,1!6
M$'W>1M,D60?/X$K:@78.!)OZ##HA`I`Y:0'_A5:O8:*>QO(TWZ:Q<Y"%+<8E
MX?0JH8EN,,PYYS.-0X_2@>SF&.0XNTIIHE"T2TIPWJ-TH#$EE/ABV;[%9M3/
M-EEXU`Z4V`K,S_X/,I__5\:,CF1\GSM03*Q0.(GGX>!S7O%`.1DH]W4U45\Q
M)M["'&CLF3DBS]NRIS31-\O@0&/*Y8#2+X,9];,=E<&!9M:=?WA!X!2YR-R7
ML<,C';\./:HKQ-FT@>UDV+N]23;L24#7>L9WJ+%-Y'J7VO";WG>H*ZS#5AW9
M<JUG1_83AW)M<&[HH2G#!AX)N28='@[)R/\.U3?"R3LGY2X$=XS63!;L$ZLJ
MA5)Q:.#(,<USBKJ+:`<7461/K],`7`\M+=@W*@O>*%2Q'*:&DP0Z7;J;Q+UH
MT=K#<2\T7`SVL80;G\'I#/V)42Z$[E_,777Z#[']"P``__\#`%!+`P04``8`
M"````"$`-^$W'.T*``#&-P``&0```'AL+W=O<FMS:&5E=',O<VAE970X-"YX
M;6R,F]MNXT82AN\7V'<0=&]+S:-DV`Z&#&8WP`98+':3:UFF;6$DT9`TX\G;
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M^>QI.%^^[MRQ\]GV^_DR'OZ$(A.6@D6*L$AI/V;(%[?%JC9UDU]E`9_(G\FO
MF\OF\?XT?LSL]6$US^\;=[69.[NR.X7UTGJY=<DO+NMK;/ALHS\>B[)J[Q<_
MK"O;4-1!D;VJIR)>T>N*<AE+%O:3Q(]C3Y)\'/P8+BH^QCH>[S]I!R4K[YC[
MZ#T),`5[DD3!GW`YG;#+VN[0<RFKE=""HFK2(@&F53$M/!L7?9C;SS?Y55;R
M?*"H!<^7K>$?H:?ILJJGEC!]>W&1<T5]%Q7ZQ5KJ0U'E]6^,['G/TD4Q'<WT
MFZ2^BPK]LIZN!^@G%!&/28!IM$Q#]M-EL_V$(J)%`DS+D7L:%O331>7YJ'Y"
M$?AIUK5H)V8=;>@XK)."+BH$=0.A*#2P+(4@9J6@L1!,G*(/"\FR%A=E%ZJ(
MD33"3LPDN$/&T*>S?0M55`](XR-<S^%`M\X`)3*S&*K`RZHJA)<QK<QT7$B(
M`BZ8J.Z?0:@XZMX8X74?TTHT#1V3H$Y13MR`J0M5U%$X+N$HAXL</'L?O&+R
M0A750[*H\TK#Q*1HHJ8O5$$'6S/ARI]V']-*E-,%)]YN*JZ8P%`51G"M+IO/
M*&,X9I2S*=[48O7.+_(PI\Y^!AG#*:/T@!7V<J3W*WE/](MPO<\84Z09X\.2
M,:J3H:KQ-R93UHT8QI#7UVO!B8.M]&&AJH<Q5(56FE*I?L:=@G-'>NO30KVL
M!:R[4$5Z22.,<P5'CM(#J&1ZZ1=AO:01KI>F39&@C=[CA"IPM1975!^S<BC=
M;C>!51\67B8ZB7QQ6!6;CCXLD;AX.'R4K2D(U16_-+L"JF@;283;RKFC]``=
MN382P`#G"A+A>APY<3A2J-$CB6!QEE9&D*@O,*WZR+D318$;F=MC@73QMT=Q
M'^MC5FK:/0:]=J2Q/BVNH;(6N[4N5)%&T@@SMN3447K`C4PC_2)L'FF$ZW'>
MH*>E"\OS4HT,53"/A4SW,:U,=531^YS2A86H'LA0!:)R(&-227+N>%^KVMX4
M_(7^I4SQ1]XKNE!%^PC':0"4G#FJCT"57!^1/?9L8"#]LJ&SO(\<./&\4J"1
MC>I*Q(J;#;W;B6EE*J=.%`5J9`:R1+8D!S)FE28GCS(V12#R==?;V)4$,<%8
M$N'&<N@H/<!*KI$(GZF1),+T*@X<]-2'Q6SH&V2H"C=(@:$^9J6G%8=.U`38
M9/KH#W:7I.^CA'G,*DT.'NEKE0*0O.5WH8H,)(UP7SESE!ZP)]/'"JJH'HEP
M/0Z<Z&D*-&H@*\2*\U19BDEE*6=.E`2*Y-J(K'&2$JN6E([,&G,5QXYR-86?
M6GR;ZOPB['9%(]Q53ARE!TS)=1')$Z>Q(A&NQVD3+4U11G<1F>*[N)3?R"M,
MJSYRY$110$:NCPB6]#AB5FK6'#O>6')_]&F)GT9<)EVH(N-!(\S8FB-'-M*G
ML[_GA"JJ!\C2%VK-<8.>^K`\+]7(4!7V.9)"?4PK4QT<]#ZG!F9D&AFJ`E?%
M=X,^9I4FYXXR-L6?1ER:74T0`_='&N&-Y-!1>D".S$36A"]!CT2X'B=.;&2*
M-+J14`6>"@SU-2:5I1PZ41*@D6LCHB7%U1J32I)S1[F:XD\C;A1=30`37"41
M[BI'CM(#;.2Z2.`2]$B$Z34<-VBI#V?',51!%\6EV\>DM+3AQ(F25VUR_,&X
MR1'8ZV-227+H2%<;EY9GV\@?<T(5@1R-<%<Y;Y0><"?3Q0:JJ!Z)<#W.FFAI
MBC%J%AMD#-P=Q6GW,:U,Y<")H@",S#0VB!5_=U2:F%6:'#K*V!1\&H'LKB%\
M@?&@$6XL)X[2`VSD&DG@$O1(A.MQW$1/4YC1C42H^$8:92JFE:F<.5$4F)%K
M))(EW4C,2LV6<T<:Z]-J(L7WJ"Y4D0FA$69LRZ&C]``^F4;Z1=C^F$:X'B<.
M>MJF2*,:&:J`J^+J[6-26>KHH#<Y+4`CT\90!9*2JS&I)#EWE*LI_C3B)_BN
M1?[8U6$\:(2[RI&C]``;N2X2N`0]$N%Z'#>QBRG,Z"XB9MQDR&%L,:DLY<2)
MDD",7!>1*TY2=1&32I)#1[F:@D\C?KCM6D*7X"J)<%<Y;Y0>,"/714*6H$<B
M3&_%68.6^K!DC.IBJ`JS*#V-6>GIBO,F:EZUR?$'XR;G1FZL8E9I<N9X7\E7
MQU6*/8WXGS==J"),I1'N*P>.[.,*P)/I8ZBB>G"<CW`]3IOH:8HRNH](&3<:
MZJF8%6:5IYPX41.(D1G'%7+%WQM5'S&K-#EUE*\I^C3B2U2W(H"!^:`1[BM'
MCM(#;N3Z2.@2]$B$ZW'>1$]3G-%]1*HX3^59]RO,*D\Y<Z(F,"/71R2+[V.I
M&HEI*6J?QZ-W9&FL3TL`M0(Q7:@B`T(CS-@UAX[2NVJ3XQ=AFQP:X7H<.&CJ
M.@4:U<A0!6`55V\?D\I2!P>]R5D#,S)]#%7I34Y,*DF.'>5J"C_RL;]N30`#
MXT$CW%6.'*4'V,B,XYK`)>B1"-?CN(E=3&%&=Q$QXT9#;G+6F%26<N)$22!&
MKHO(%2<IIJ5?8U))<NAX5\G-<9V"3RM_R`E5=!8_`\Z:`T=U$9B1ZR(A2^@B
MB;`NFB6'#7H*<4D9U4<L@]E82<1-:>FK67+H3+I7;77@\+C746R=\EJ8TT<Z
M;)8I#+7B&NVPC/24A83)'#]:$SB4::M90AG3)"&AR?DS&9P"3Z*Q2)[4N)@E
M9K6]'$.3+'`D,Z1FB;A)RV)6RW(::8=36&K%EV3;58(>F!P6$@YS'&E-@$JV
MJX0]J$E"0I/S:+(W!:)$5Y$[SEXC?ACIS1+3VE_.I4D7P))M*_+'Z=X(VZTN
MII6N>#Y9>9Q\4+D5)]89^EQR\)B&N,?99Y6OVA"9U-/*<*0?8*')J13]O?*!
MY?A(LO.W$+"R+\4`TU*ZCA]Z8V3"X\:YOL:GDGU?5^(W&BO\*9[\D\>3L&YL
M"E.M$+"-)2#"QI*0,)FS26L"7G(#FWB(F8:$)@?3U-@4D/3`QB>5G<&E^-9M
M_26\$KH<3I,NH"7;6"B#]U%NUG*_Y%ZS$D\4P%M3\*[183B]#OVPWY]GV_'[
MT3Y'7-C'2V(47M?JS%U7N'=J1+RWKW'Y^"(F[+M5[YO7X??-Z75W/,_VPXM=
M<GG;VGZ=X#4L^.,ROOO7AI[&BWVKRO_GFWU?;K#O!RUO;?'+.%[P#X>:^`;>
MX_\!``#__P,`4$L#!!0`!@`(````(0#<=8%CF`<``$LB```9````>&PO=V]R
M:W-H965T<R]S:&5E=#@S+GAM;(R:VV[;.!"&[Q?8=Q!T7\LZV@GB%)6*[A;8
M`HO%'JX56;:%6I8A*8>^_9(<DN;,T$YOVF1FQ)]SX"?%\L/'M_X8O+3CU`VG
M31@OEF'0GIIAVYWVF_"?O[]\6(?!-->G;7T<3NTF_-%.X<?'7W]Y>!W&[].A
M;>=`K'":-N%AGL_W430UA[:OI\5P;D_"LQO&OI[%K^,^FLYC6V_51?TQ2I;+
M(NKK[A3""O?CSZPQ['9=TWX>FN>^/<VPR-@>ZUGL?SITY\FLUC<_LUQ?C]^?
MSQ^:H3^+)9ZZ8S?_4(N&0=_<?]V?AK%^.HJ\W^*L;LS:ZA>V?-\UXS`-NWDA
MEHM@HSSGN^@N$BL]/FP[D8$L>S"VNTWX*;ZOBG48/3ZH`OW;M:^3\W,P'8;7
MW\9N^T=W:D6U19]D!YZ&X;L,_;J5)G%QQ*[^HCKPYQALVUW]?)S_&EY_;[O]
M81;MSN4ES7`42N+?H._D#(C4ZS?U_VNWG0^;,"T6^6J9QDD>!D_M-'_IY+5A
MT#Q/\]#_!T&Q7@H62?0BJ=BF]B>+9)W'>?'^*A'L2&7RN9[KQX=Q>`W$>`C-
MZ5S+88OOQ<HRA54N2ME(YR?I53'"/`GKRV.2ILN'Z$54I=%!)02)H;X$X8B*
M1SB+1&(G=CLB26<[9AO22K9QAR5*"%'-5ENO'`-2$$EZ%*15=,7-(;DKB`8$
M9:HKLCR58T`:&=)014V7MJC2NPG%_FR]UK2D$+)2%2_R)4FV0NYUDME]HEV(
MT?)D*JU87;0TMBNHXI405&C]%7%7R%W<)?9JI%]X]:655#I=7E8`?0AR*NT8
MD,8*:=!*2R_+E6I!$.2:K/*530;F"+G7RTLIT#XDTB_'R,RMM#+]%`N4$*3U
MBY1LK\+N_(K^G5=?6IG^95J@UA#DU-HQH!QC`4A/DLK\;D=UE"/C6K".ATG.
M\8F!)N[Y$1.<DZJ:J#Q60[Q<+$E$I2/4CK"^1,>EF72H8B`+T:>L,%%6/V;Z
ML(Y'7V+EACY0A^B3L2UCATTPR*X%YXMQ988W!LJ(=2RG$LY$'>7V%:[SY(6!
MQ.KJ)=.:]A6B,M75F!X6<?>5$^_1QC!BVL`7MZ:,R;%AD+P-YF1?E?7*!P;W
MCA9C1-GJ>MET.=UP-M7%,A^E2<A162_3].,H!I:@CG+VZBBWHW"=IZH8.ZRJ
M7OZ0FUD9&][(',F-L+).FF*"842EE9NACXQ+J:.@O%3:.IDTYI/I:.+E$NE9
MJ:.N2,(2O-")9,4%"582$.*.;9)F))%27:P/!:#`M:!A320U/#H`DW<&1UV,
M=>`Z3SX8.:Q[@!"<%T-\HJ.N(U9'>/1OHT@^3_,;)T6\B;+Z"46\CO#HW\91
MPG$D^DKAH*/4ZKJO!E%L9/T02@!"J*\<\3K*U8'K/'EA\+"^`DA(7PE*R\3@
M1D$/\[^R3I;B;18EG$6,\#H&SN:*;*NR7JHLGDU\AT:9&8)H$W44:!;$6UDO
MT_0S*`6`H(9RPNLHIZ&N!0$AE82Y`($V5+E9CI3P.LK//.MD*4IXW)`&MI!9
MHH1/(>J*M'$R:8PG@]O4BR5*>!UU11*6X"<GQ42RDCX292Q+B'(;ZEAP0S%Y
MK`Z00Q3D\K#G&1R'+T"<U+%@'4P<-CA`$-(]PL\RU5'7":LC//6\3:+42R)*
M>!-E]<D&*QW@D;]-HY332`">31)$N6UU+*C<F9]!RDS^-N.`UU&.CFO!.I@[
MM*T9\(>TE9"TU%%P0L@L5]9)#V5V&T7*C5'$`*]C0)BRUCJ9L,3$!43FR&1`
M#Y(K6;7445<DKP$H\P-(F4D[^2G546X[KU$GP]1A[?31)Z5X5XN8/U)(_I5U
MLJIB$#%I``NI+AF6,C/X48\**WH\K9N)8SK9EGJI1(]E!E'0TG1%W)5U,U&,
M)"OJ0U%&/Z7)(,IMJF/!9Q2SQ^H`.]Y!?.80!A#O6I!.CIE#.ZC<^$!Z/J<Q
M45<1JP-4XEC^-HK$@OP9/B,34NHHIZRN!>MA_IBRYM),SB1'K(YR=>`Z3UX8
M-ZRL7NQ0Q.:&+/)@T`FU3CJA.<8.DP:,N&>2(58M86&0$%94ULVD,8EL=;T$
M(I`I<XC2-Q32X\IZF29&D-4$J+QS4'*#'K$J'!37@B<'TX:5U4L=4KDR=ZE#
M_L2OK).EB)G#I'WLH1]!E[DAC>\3&NMDTGX,Y0`8=X@$%LB(ECH*.LJR=1B%
M"EW<)I)R4R)E]*%/1SE'U;5@/8P@,T`%H`<-$$>"CG)UX#J.A$*RXO($0KNH
MW#2OE")!1^E#0NZDE?72-A:2)#>T`31N.QD3U!*&"4E!"EY9-Y/&.++EY1CR
MO,(J(`K2C>F'8I5U,U$_B`I`#.HI?_3246Y/#9J8#H8/ZRG@Q:VK2))"H3`0
MDB>34+&R3B9]FT>%ET=D8$H=!?7-V:.7=3-Q3"3;5"^)*!;$VWQYLX47H_S1
M2[N=`P3O[N&-=]^.^[9JC\<I:(;GD_A#-Q&?JULK?&>@C._+1+[A)?9*?)=`
MV2/K$&_XS_6^_5:/^^XT!<=V)Y9<+L3K\V"$+P/`+_-P5B^OGX99O-M7/Q[$
MES9:\09YN1#!NV&8S2^R6O9K((__`P``__\#`%!+`P04``8`"````"$`64QS
M1ZD+```$.@``&0```'AL+W=O<FMS:&5E=',O<VAE970X,BYX;6R,F]]OX[@1
MQ]\+]'\P_)Y8E&1+#I(<5CIL>T`/*(KV[MEQE,18VPIL9[/WWY?D#$7.#\+[
M<NUR1ISA<+X?47)T_\N/PW[V?3B==^/Q86YNB_EL.&['Y]WQ]6'^O_]^O6GG
ML_-E<WS>[,?C\##_:SC/?WG\^]_N/\?3M_/;,%QF=H;C^6'^=KF\WRT6Y^W;
M<-B<;\?WX6@M+^/IL+G8?YY>%^?WT[!Y]A<=]HNR*%:+PV9WG,,,=Z>?F6-\
M>=EMAU_'[<=A.%Y@DM.PWUQL_N>WW?LYS';8_LQTA\WIV\?[S78\O-LIGG;[
MW>4O/^E\=MC>_?9Z'$^;I[U=]P]3;[9A;O\/,?UAMSV-Y_'E<FNG6T"B<LWK
MQ7IA9WJ\?][9%;BRST[#R\/\B[GKC2GGB\=[7Z$_=L/G.?G_L_/;^/F/T^[Y
M7[OC8,MM-\IMP=,X?G.NOSV[(7OQ0ES]U6_!OT^SY^%E\[&__&?\_.>P>WV[
MV/U>NDNVX]Y&LO^='7:N">S:-S_\_W[NGB]O#_-J=;MLBLJ4R_GL:3A?ON[<
MM?/9]N-\&0]_@I/!J6"2$B>I;)IH+V_+=FF6J^NS+"`COY)?-Y?-X_UI_)S9
M_K`QS^\;UVWFSL[LEK`J;"VWSOC%6;V/'3[;T>^/967:^\5W6Y4M.G7@9+LZ
M.E&/7GI4Q>2RL)E,Z=A%)NF$--PH2V,]7>\S[<"E]15SJ??)`(E@%ZE$<*-V
M5](UE.L5BP%.=8R1#)`8M1K#C3[,;5ZQ3I7AZP"GQM?:[BW-H$^MY;J).T'"
MVYY2ENA&>?@R;@.4$9QJ'_ZF9-&)T929Z"LUNAL5T=GR.G!:^>BFY,GU8(;D
MZB96CBR^4<.[41&>K:\#)UR\J9=L^=1<Q.1)?$?W**C0P6Z4QR]X\<$)EE\6
M30S@]Z9/S56];*;T2/PUB>\%745!.RO/HZRFF:`)P&FJ0PP$>1!S66;VP5B<
M*H7PPTQI5<%W`KT2J:4C9+V&$BP4W`_SE0JUH1<LE6V'O7?X8G$CC>XP([?;
MWG64.K,`'7KQ`%#EC)%&=P!2H@.7*&E*UDZ="?1R6*\:U@0]FH,8ZWIJ$IJ"
MSCJCP:X4VPQ>V&DE;X,>9T&[:>,2:`XZ\.RM6-F$N`YH=O2"&$H98)*K9:#4
MX[(S*OX88#KTRI<C!>!-OAP4@3Z7>FFAZA?\Q2@L+-9B:P+MW&G&WU#Q.J])
M6GX=>09X9;LLN=_Q+>[0*U4Z7*?$H6B;UJ,Q32H]I1838F]T(UEEJ?/,#W/.
M\#M7AUZPLSQZQDBCZY0K`5%7E(Y>N19'\[46+W74^6%1`-Y.Z)5M;6K/MG:I
M`\\/BQRXTM$K6P;@X=4R4.!QI9<J^+C2T2M?#@+&?#DH^$0N"@!-<FX!`+J'
M!WLF2!28CM`NI)0+"BR!2T3I\O2,7FF<P#/WD$6>`BC!IC@*N>0)N@SD<O<U
M=H3OB3'N"HVN\ZP$+C&M,3%WZ`4[RXQ]QDBCZY0K-<J)>SIZ9:+_!.7L45$[
M4?AA(3`N<O32HV>,9.V53CD_S*.+TS-Z072^[\28V?>*`HZKR9MY%N+LC%Z9
M&K@(3FJN-6-ST!KHB*N`3J3[C+B;HE>BL72$QJ$<"QJK@#Q7M(Q>:9Q`+*[E
MBC)JBJ.P26K97QP*UHHG,C0#LNWS<#S#TJ7JV*H`/Z2DE;AUHQ?LF7@DIM;L
M,W&E`\T/BY:*IUP`-'J%&Q//L$<[9)A]+JYTJOEAD8)0=CB3N<:]D8_&.`L6
M*;W'T(W0V59I;)/Z!B_<[&(550SG4YP%[/;Y.*Z!Y%!3PG&5>[.H1VPLV!+T
M"NNM^2,RM6>?D6O*.Y&+<KHSA<@%O!(M^FGQCD[73@D7M%@#EJYH'KW2.'"=
M'Z%Q=(;5"L.DYM$+:FO6HK0P"9C+5>;M0ZW3S0^+W8TDQMT-+*.8AC;#*7#K
M<^%UZ-FG,.6)E.L=O;``#>]S:M:?RFN=>'Y8+#\*!9<?CF5>[*S=>IP#LHN5
MH_NOXZ[6SF]"Y^@%`:J&9=<3<]GD,J"T$\I2SW)LJ5U-J,>L/;7F&H$23^2A
MDH_M>%>#5ZJ\9(14?DGI%A3NA]E;-WE"1Z\D3CI"XU!R37$48DF%+P.Q7(.M
MX@Z"P-"*MSO[`X[>XDN=97Y8M#B+T:$7BI@)L*?6Y$9#2Z!#;JE!3AS4T0L2
M*)-WN5B#%')UIK>6.N/\L*A`K"*('+VP`ARRU)IYT;_4(>>'>7RA<O1"E1N1
M`)`R-,$J;A'=`\HY+J^E>L)C0N[0"TL1%XM;06B8.V(N*?%$(@KY3,%U[B<A
M3^+I"%TXY=ND/R"6[9[XSDW1>>#:]&YOF8S0.)1?4QR-6^*=VS)0RNE<'%N)
MM8H/;"2^_2U2>Q[UP[S'>(0.O6!C&0+ZC)%&URFWTB@G)(Y>F>@I`F-J-+I.
MN!6<NNQ_XQY7XM4Z>F6BPQ3<2*/K>%MI>!/J1B\(P/>E)];LSE.Z<46MX(S&
MJL"EC5Y\H:#LC)%6@3).9*$<Z$P1>QE8NP*OY+Z:CM!X%&A!;RN`T!5=HU<:
M)\"+/Y6O**^F.`JGY/W;7QR>RNL5)R8Q-VTTTY7J!%L!B=B^1H5@10.O_!$U
MWAQP8XDU]Z<&*QUM?EB@A87HT`L;7/Q.3\QMO/>2"C0ZV_RP2"#.`15`+TC@
M9LWRZZDYLP6-CC<_S!,0$D<O2*#A[.^)N<T=TQL'HO@#)I>7-_-,Q"LW]`JE
M8)7JJ;G*U8+BSF>2_&C6:-@KN=#1*Q%@.D(WG^(M"+`!K%T1.GJE<>`Z/T+C
M4(!-<11P2:$W`5Q.9H:MMB?6QD3VT@1THC5`IBLZ1R_86@:!GAAODK:@\772
M-1KIQ#T<O2!^U?)3*C&;W$_DC4XZ/RR:FW5OAU[8W"(!0KI<:^N@:[0SG)1Y
M>H:K^<NG'B>!]-KD.8;L04M)QV7NS:(2L9^`>.B5J02U5I&'-!%*/*[R5CW8
ML:)WZ)6H+QVA\2C?@OI:-WSU<1R]TCAPG51Y2^DUQ=&HQ5'=^8O#[=QPE5%K
MK`5=ITZS%JAT1>3H!1LKP@>P.01%(XVN,Z[5&"<DCEX0G=>F)];DD$WCZXAK
M5<1Q@:,7MC7[S;JGUOC`2./KB&LUQ`F!HQ?$3_Z8"XY2Q%IE7D2T%'!"W@`I
MU@5"W@1EH@[$FJL#!9U0MP:\Y*\8$3,!>-/#<9N,D+JO*=:"ZOSP576C5Z+N
M=(3&H=2:XFBTXAW<K<$+]I>7E1A-!IIK1YUX2)O"`XS8MD:)0CG]Q0$NS-@3
MXTTNO,ZVM<8VH6[T@M7S`PPQQMQH[76RK56R<6VC%T2/`4!:&2.-KI-MK9%-
M*!N](+K@.K7F:D_)QI6]5@G'E8U>F2K`%&#,M@`%'!?V6@,=7W"'7JG@X#IY
M.UU3H$T=#Q"RC1??O,BW:_YB\A8O':';2X$UQ=%`)84=L.0/Y]-+<FRNU!C[
MGD0WA<XO&!?G,=:_77#3]S5G91GH9+,_(/L#$F-+;%)@2W"##)*_#H4:4+,I
M(_Q8$CK?[%]7:$EPC0<W[&!.H)[9<T=D^[NN2ED8YYLAM![<L!0L29L$T!+,
M)O=*Q!24=ESO8.?))$]>85_20]N-4A)BSY>$TD]FHV&0'V%LGX);(GPRQ)J!
M$B](TK[4\\UP1?O!C<0*A./OX$Q!L19CJ3R+AZ]0Y8`O!X#DA_#0_:DYV0.V
M7AUUI@#6,05*!H`;]!6SVJ[3K2P#'8*FT"B8K"-4(25=\@@>JI":LYV6^U@!
MOSI@56#JZLST<8+;B9OD%TM,@MDSQU>3_91!HZ%$`/E>P23O8T(6Z4DP]^V0
M^V`N/>T)T>F?-O![/DSS,(</F;22`%R#G9<$OKF#+]4.P^EUZ(?]_CS;CA]'
M>^\M[1_03:/PL5]G[CK_J1\;[^U'@'Y\,1GLEWGOF]?A]\WI=7<\S_;#BYVR
MN'6OLT[P$1_\XS*^^X_.GL:+_2;/_]\W^[7E8+\N*VZM\\LX7L(_G+:G[S<?
M_P\``/__`P!02P,$%``&``@````A`'T]??G2!```/A(``!D```!X;"]W;W)K
M<VAE971S+W-H965T.#$N>&ULC%C;CJ,X$'U?:?\!\3X!FT!"E&0T,.K=D7:D
MU6HOSS1Q$M2`(Z`[/7^_99<A^()Z7KJ3JD,=U\7'./O/[TWMO;&NKWA[\,DJ
M]#W6EOQ4M9>#_\_?3Y^VOM</17LJ:MZR@_^#]?[GXZ^_[.^\>^FOC`T>1&C[
M@W\=AMLN"/KRRIJB7_$;:\%SYEU3#/"UNP3]K6/%23[4U`$-PR1HBJKU,<*N
M^YD8_'RN2O:5EZ\-:P<,TK&Z&&#]_;6Z]6.TIOR9<$W1O;S>/I6\N4&(YZJN
MAA\RJ.\UY>[;I>5=\5Q#WN]D791C;/G%"M]49<=[?AY6$"[`A=HYIT$:0*3C
M_E1!!J+L7L?.!_\+V>51Y`?'O2S0OQ6[][//7G_E]]^ZZO1'U3*H-O1)=."9
M\Q<!_782)G@XL)Y^DAWXL_-.[%R\UL-?_/X[JR[7`=H=BT=*7@,3_/6:2LP`
MI%Z\R__WZC1<#WZ4K.)-&!$:^]XSZX>G2CSK>^5K/_#F/P01%0J#4!4D@F4J
M/UW1;4SBY.,H`:Y(9O*U&(KCON-W#\8#./M;(8:-[""R2"$)H92E<'X17HD!
M<P_6MR.-2+0/WJ`JI0)E"(*A?H!T1&XCHG""!+"2:3F0Y&PYXS*$U5A&.CTO
M5YHA9"LK)I:>SPP:`R3I8!!6Z,H\ARBD!@>"U@^.F4'C6#LYA/7@P[H>=8K(
MVN!`T`9KO8DWNCO7W-N03&Z-'X;*D:.PFORAV4P$)<B?1$8)<MT=+_`G3GYA
M-?B)56,$S6H\,V@Y;IP<PFKTD:;)5"6<%03-.&8&C4,(]6-SC-,HK'H>:6+4
M*4/,6I9Q&QH+R$>O$)?Y]*=./F$U^<RV(0;;1J+M5L\X1[?,6",DH'F.#*79
MI#0G58%4CEMC0^:3VTR2Z)(S5E6:3<Y8SR-3()7G.K9(46D<B0HYL%M)4"6,
M/6FQ(DJQQI%1_%Q%<;`*@7BP2G6-9NJ*^F&P&\.2$40A>Q)NC-7ERN]@=\L0
ML77(GE\%6AK@R6TUURT]<"I^/,,*-#:7&'LJ5WY'HFZ](;;@I(DUQ:.^B,,M
M->4X5S$<G&[](2@E\Y:FB=&Q3('&1-.'BDI]RI7?0>H6)&(K$AS3%BNBQBDV
MC_%<17&PNF6)V+H$K,:!E2F4FEX2&=.=*[_-2G5IDGMG'8.@XIN)=.MR0:/0
M[*Y"R>A8V[E%DT+JEB5I-DX4^\U`H>8\2TI$A9@\-&'*!S5&'QQC!V3RV8./
MN_+Q!J4RPPB.2NHJ-#':ZI,FAK1E%$$+C*/35`'J5AYIUGMF;T@%6F!$[7+D
MZ-8=\6)LG9WFQE`@'%%JOW,IOX/4K3O4UAW'=E2HA3Q'5;(JZY8=:LL.4%J[
M`5'+B:+?D:A;=ZBM._9)HD`+>6($!Z-;<ZBM.8Z91=`"X^@T*POGLFM?2O-'
M,ZM`;L;):3&Z%2="Y="5P)Q9!5*MM-_3E=\N;"14PI8?:=;3=,RL0BWDN:0_
M<`5W4MKZ`PIN"I!\^."K"Y$C44N#\+J.E]R&=1>6L[KNO9*_MG#QHG""3%;\
MF2`CNXR*2YUAS^'G`VD/)@=<ZF_%A7TONDO5]E[-SA`R7&U`9CJ\_^.7@=_D
M??69#W"=EQ^O\#L-@XMIN`+PF?-A_"+&8OKEY_@_````__\#`%!+`P04``8`
M"````"$`:/[G]3,#```G"0``&@```'AL+W=O<FMS:&5E=',O<VAE970Q,#,N
M>&ULC%9=;YLP%'V?M/^`_-[PD9`T49*J`76KM$G3M(]G!TRP"AC93M/^^UW;
M0(UIN[XDX9[CZ^-SK[G9WCS5E?=(N*"LV:%P%B"/-!G+:7/:H=^_[JZND2<D
M;G)<L8;LT#,1Z&;_^=/VPOB#*`F1'F1HQ`Z54K8;WQ=926HL9JPE#2`%XS66
M\,A/OF@YP;E>5%=^%`1+O\:T02;#AG\D!RL*FI&49>>:--(DX:3"$O2+DK:B
MSU9G'TE78_YP;J\R5K>0XD@K*I]U4N35V>;^U#".CQ6<^RE<X*S/K1\FZ6N:
M<298(6>0SC="IV=>^VL?,NVW.843*-L]3HH=N@TW:1@@?[_5!OVAY"*LWYXH
MV>4+I_DWVA!P&^JD*G!D[$%1[W,5@L7^9/6=KL`/[N6DP.=*_F27KX2>2@GE
MCM62C%6P$WQZ-54]`$?'3_K[0G-9[M!\.8M7P3R,8N0=B9!W5*U%7G86DM5_
M#2GL4IDD49=D`3([/)I%UW$8+_^?Q3>*]$E2+/%^R]G%@_:`/46+5;.%&\C<
M':'3,1P*O,T4^U;1]2*0*R#ZN(_B9;SU'\&FK",=#`FZ?""%8T;2,Y15*F]J
M!7Q0-LB#0UOR>A4JZJA8CW<XO$(9,Y(I8QZ,*>F4LEX-E)'.^4BGMG$1#ZXI
M%&IN&0*N+8=,VH*#(2UTS94GB1M(K<!H<ZB;99+>?!X,FRMTA^`H0S5@\Y=C
MF,T-::4KZM8SL<&%LS)]`QP)A"9W!5KN*'0B\-IQQY`L=]Q`V@=T4[Z8.Q*R
M?%>(0B="W,8RI(5VZFKI-G:/#HUM!49*5N\J4:BK9.5TY\&0C!('2VPL=+Q,
M>U"]V^S+IN:2\RZPRJ30L:8PFKM7WY`Z=Q;C&B8VZ`A.>\S5M)YJLGI;H1--
M3H<>#.EUGWILJ%<?4%UT%;W11C!4)DY9JC0\EA7%*Z=5#AW+W#G'CF0$NA=2
M#35U;K/4NI&FFF9>F;=\3?B))*2JA)>Q<Z.'S'X[1,V</*@YJ2?=`,#T:O&)
M?,?\1!OA5:2`I<%L!9>,FT%G'B1K]8OXR"3,+?VSA#\D!-Y?P0S(!6.R?U"E
M'?[B[/\!``#__P,`4$L#!!0`!@`(````(0#?=DLCE@(``"`&```:````>&PO
M=V]R:W-H965T<R]S:&5E=#$P-"YX;6R,5%UOFS`4?9^T_X#\7KX22!,!59.J
M6Z5-FJ9]/#O&@%6,D>TT[;_?M1T8D$GK2X*OSSWWGG-M9W>OO/5>J%1,=#F*
M_!!YM".B9%V=HY\_'F]ND:<T[DK<BH[FZ(TJ=%=\_)"=A7Q6#:7:`X9.Y:C1
MNM\%@2(-Y5CYHJ<=[%1"<JQA*>M`]9+BTB;Q-HC#,`TX9AUR##OY'@Y158S0
M!T%.G';:D4C:8@W]JX;U:F#CY#UT',OG4W]#!.^!XLA:IM\L*?(XV3W5G9#X
MV(+NUVB-R<!M%U?TG!$IE*BT#W2!:_1:\S;8!L!49"4#!<9V3](J1_?1[I"B
MH,BL/[\8/:O)MZ<:<?XD6?F%=13,AC&9`1R%>#;0I]*$(#FXRGZT`_@FO9)6
M^-3J[^+\F;*ZT3#MQ*00T4(E^/4X,T<`E.-7^W]FI6YRM$K]9!.NHCA!WI$J
M_<A,+O+(26G!?SM0=*%R)/&%9`5M7O9C/[Y-HB3]/TO@.K)*'K#&12;%V8/3
M`355C\U9BW;`?)%PZ6,4!=82@[XW<)L$[2J(OA1QLHFSX`5L(A?0WH'@D(^@
M:(XX#`CC+C0R=@,:)]T,14UT470[)]S_`S)''*X1JW"$S)H`&R9-6$O6R>B`
MV87Y3<2!`ZN1R=JT=Z"UG9_Q[3`)S&JM9[4&P2::(^CXKX&;=.FR`ZWM$))Y
M_<.PM_073MM$VE#.1*\DK>>4>P>:2)H$9I+260UKWRH<[3.["VEANBCE,!NK
M;.$L7&>3[_;2Y0#=377GFU-9TP-M6^41<>KL]2JR,>H>B#T\$/:6!>,&W-L>
MU_0KEC7KE-?2"E)#?P-RI;OB;J%%;\_D46BXL?:S@9>8PK1#'\"5$'I8F#&,
M;WOQ!P``__\#`%!+`P04``8`"````"$`OSCBR\$7``"7=```&@```'AL+W=O
M<FMS:&5E=',O<VAE970Q,#4N>&ULE%U=;QR[D7T/L/]!T+NLZ9YOPW9PNYOD
M!M@%@B#9?9;EL2U<26-HY.N;?Y_B1U6S3E'6^"7./57%J</BQR&GU?/NKW\^
MW%_\<7@ZW1T?WU]V;Q:7%X?'V^.GN\<O[R__]4]_M;N\.#W?/'ZZN3\^'MY?
M_OMPNOSKA__ZR[L?QZ??3U\/A^<+:N'Q]/[RZ_/SM[?7UZ?;KX>'F].;X[?#
M(UD^'Y\>;I[I/Y^^7)^^/1UN/J6@A_OK?K'87#_<W#U>YA;>/IW3QO'SY[O;
MPW2\_?YP>'S.C3P=[F^>*?_3U[MO)V[MX?:<YAYNGG[__NWJ]OCPC9KX>'=_
M]_SOU.CEQ</MV[]]>3P^W7R\)]Y_=JN;6VX[_8=I_N'N]NEX.GY^?D/-7>=$
M+>?]]?Z:6OKP[M,=,8C=?O%T^/S^\K?N;>CZ_>7UAW>IA_[O[O#C5/W_B]/7
MXX_P=/?I?^X>#]3=5*A8@H_'X^_1]6^?(D3!UR;:IQ+\_>GBT^'SS??[YW\<
M?_SWX>[+UV>J]SJ&W![OZ9/H?R\>[N(@(.XW?Z9_?]Q]>O[Z_G*Y>;/>+I9=
MO[Z\^'@X/?N[&'MY<?O]]'Q\^/_LU)6F<B-]:83^;33RD\!E":1_2V"W?+-;
MKU>;W98^_B>1JQ))__[:1U*SB3#]^XL?N2F1].^O?>2V!-*_YWWD=2Y2*NYT
M\WSSX=W3\<<%31DJP^G;39R`W5MJK52U])/4F<;;;?3^+;JG(*K@B=`_/O3K
M[?K=]1\T<FZ+TY"=:.:+4Z<]1O:(HR>V.R'@$/`(A`JX)C+"B(;,KS"*[L!H
MK[,=LDO-I]<>(WL('P;F+E@N=(QC%X[Q#,PQ^ZV.">Q",8HSC7;DO%Q(T:*5
M9F%5#RK:1C<]9*=5FH6Q)","$P(.`8]`J`"5+\TQS+?;OJ'U@<=9='A_271E
M"%'*T!M#=MJF8;CI@-"8K1TM=-)&U\-`G%03JY7N$W=.$[YN8K>#*H=7FE"]
M0@L(]DI5Q6C57=(M8!P.V6>5>F2UAG$\LI5'W,1`FL=+:,RQE=U]!C:I]6ZU
M@=X*E;^B1:L;TEK-E8Y6I+74=1BR3Z:UW6GCR$9.<V(@LMI`'S@VLK=G('JO
M824+;"1O18E62J1452I:D1*T/&2?3.FJ`^O(5LYR0L`AX!F(/*ZZ!;08V(Q,
MHCZ#];]B$JW(!.;9D'TR$RC<R#;AP4"J#<P5QT;V]@B$"E#UV"L6O(A$%+/'
M-23[Y.Q['%ILY(0F!E(G]SBVV,KNGH'H#A\<V$;.BDI<L*J*,)<$`YE^!U4>
MBE>FTRU@M1O%S!E.@L04^R74SXF9`[P@,:!;XAH@9D,K;M<PT/22W^4-'=9\
M*,E0O#)#&$!C,<8DYC5_MX`1._VL#7=>&_YG;807VIB'@*YXW-7GKI&*Y\V^
M[H]N8;HC.Y4UN=^:'LGV>5N?.AVQP$%<['.$5Q']:@F#CHX=:9ZE"$TL;O\-
M8ED54-1<I`X2'SJ6#GF<P<`<Q<P#<Q(D!71S7R>!Z<3,`5Z0&+"&SP]B-0,Y
M[N@-4GFC5Z26,/^&+CN5U68)73^*F7.<!(DY+G<PVYR8.<`+$@-6F$`0LV$5
M-^\&J[RG*U:=8<4;?_S,'BLYTB$Q+L/S@)H$20%+F)Y.S#,K;B(%8#>$.D`/
MP+A_-UCE;5VQZG=F:O'FG[H2QM/8L963G`2)_FM#"OV]\M^"^`IB-96*._G,
M*9_8E';N\EY?TR/Q#(-M*%XO+*2YB5<74E85D3+,(%<^X)4V_,_R""^T,1=#
MESO*@[EK9"'-JJ'NCZZ#_AXZEA:1R@:W]E',<[GK@.T>%BAG`KP@\1-VRYE#
M6J""F$W!HU)HL,H"0K."+(:.549BM8*9.XIY9E4'K/!,Y4R`+TC9@-9[F$6A
MCE#%ZMLZ)\&@<SI8]X;BE,<N3IU1K,)*D-@-W0;GII@YP`L2`Y;FI"-FK%6O
M50Z/P`0C*=A&A^*42:WQX#**F9.<!(E)]KB#.3%S@"\(BP4CWNH(72L:98TA
MV$<8:/5[6`>&XE4^==/C\CT6AVJ#@)#]&L:U,R%>A?3=MH<Q$^H03:ZM4OJ&
M2MGC_<%0O.;<1X-,!G$&\08)-:+SU0(D;0#5D:W/&H.R%W75N.TI7G7>K$UX
MN$S&QQG$&R34B,X[;N)V'8N7PCB(4$,,Q2G/#3K=PA6`F.?<63$PXHR/-TBH
M$9U[W+WGW$V?Y\V]7HO[-5X%#3U*@-$@DT&<0;Q!0HWHO!MBH1XK>?]^;:SP
M+L]].?:(3`9Q!O$&"36B\]8[>4/D]'93;]P0%J\\;I9;6$;&8M82!>?XI!I9
M];!NN[,:\:J1]0JWR=<:T;VC%8$9C0UE8&X*Z:NBK,K3EHCSB8U<\4FY0S<Z
M,;*[%Z31>A`CN2M>-#+-+*MN"I,9MIL%Y#(4IUSQ'G;Z4:R<Z21(VD1!)#NQ
MLK\7)#'#L1+$;+AI98`U6]K+#W.'-Q0G7@5A((YBYF0G@SB#>(.$&M'U:<N`
M94,&+$#>#L4IYXZ";A3KG'INM'!%/>Y,@#=(J!'-0^_XC=5E:3=_6EU@T@[%
M*^>(7QZ,Q:H7%WL9I1I!\>3.:\2K1KH-)!I>:&6ND>X>+3!8Q"ZS0*@W.7L?
M59RX2V!VCF*>Z\RR(\ZG=0>9.Q/@!8D!NR4$!#&;"=B6'\MSY$=Q*H/1R`\Q
MSZQ8?J15`B_CG0GP@L0`NZIP<X:4UB52*JM'.KP+&I8L1^)'8C^.8ITYU?[F
M#&7\O2"I#XP>%[/AU-`L^J9XF>5'/1(;%QS%*Q<-Y^Y8K*_.3E8ZD<0>MA-W
M7B->9=+9GLB?@:F\-#NU-)*26SUD+SF6V2EW28?WXJ.8YYK7`?UF3BE?JIH`
M+T@:QWB(#6(V1=>21E@UI$P'B\JP9+62!C)>K(QBGEG5`?T:;D6<"?""Q$\P
M1_,@9F2UTH*&6248A`QNB4-Q*K4RWQ"*65@)$I/<P?V6$RO[>T&B?X?7GT',
MAI16,D*JH6`PZV&5G3*IOH<D1S%SDI,@*4D<3T[,'.`%B0'+'=0VB-FPBGIC
M/N$)JRQ#ZJ6&GK*"\^>PRE[YBF.]V\$\&8M]/FU/*F*S,-?%)L+K"/,9H8Y0
MV_FJH78J59W,>C#2V17Z;2A>,X/1()-!G$&\04*-Z+RU#$'%O,K"X96S:_&J
M\V;!P4-F,C[.(-X@H49TWEIH--0E]3Y>>33.KL6K+``[.)J,Q:QW#50.DVX$
MCYWNK$:\:H2^`-2GQ?!:([IWM&(Q56TH%W-V7=5*9+4&"3B*>:YP'=";PX0)
M\`4I=Y:KC:',#9IEI"%>J']D.;'*I3-'V%6M.6"I&<4XDZO=45PXX^\%B2LD
M?F\1Q&J8:=UA"M?0'ZA[AQ7+"4Y^-,AD$&<0+TBD<+6"@W`0L^'05AFKALHP
M!]CB5*:CV;E84C"S2?P9<0;Q@J3=#:=5U:2:0NNVJDBP7L@[^X1(\2HTL$*C
MF#GK29"88X_JRHF9`[P@,6`+&TD0*_EK5EI6-);-M548C4-Y\<H$\8&NL5CU
MJFD/Y:H1/#NX\QKQJA$S2%]H9)8.NG?:\F3=D"?F&9'BE'MDU^%&(F:NX"1(
MKB">>L3,`;X@9;G<V:+G--,NK&EI;<++Y-I>OW1XZAZ*4QG)N"N-8N8L)T'2
M;(,9[,3*_EZ0-/*AVX)8R5]STKI%.&7=03TAW\O8,_F:Q4GJ>4AQ%"NG.`F2
M*&'EG9@YP`N2`E;S:,M?0HO9D-*B1DA9)=.9YT/6V8F7'.C(4<R<Y"1(2A*_
MJG=BY@`O2`K`!UF#F`VKN(U;T;_.N[LJE7T^I'AE6MB3HU@YR4F0F*3YME:L
M[.\%2?[0:T&LAE-#@>CKD[45(8WKD^*5Z>$WX&.QOKJ.UMJD,T_ZG->*5ZGT
M.,K#"ZW,8UM/3ZUC9"0W]`N.O&'-^B66Q#P(-XJ9:S@)D@+,[::8.<`+DHJ.
M?UD1Q&RJWE8VZX:R,?<GQ2E7VCQD-HJ9DYP$B4GV^,B'$S,'^(*4_:''>[10
M1ZAB;=I2)\$@=<P%2G$JRPX^[#"*F;.<!(FTS,.S3LP<X`5)U37+CI@I0+/2
M4H>'X,;JF\[<H!2GS,H\]#&*F9.<!$FL\"]*G)@YP`L2`W8X\X.8#:NXR=O%
M=)/W?KV8FAN4XE5&R&*Q`]$Q%H?Y(#_I$/K28Y[P^7;2A'@=0L^(P-$QU"&Z
M9%JHX.EG8P4+7:+`_CT4KYG#:)#)(,X@WB"A1G3>6HR8O+/>H.Q%E-!6`'T_
M;%B5\!@9#3(9Q!G$&R34B,Y;ZXW&:6!CI4?C$J5XY>FR@H*,Q:IW,7.'HMK`
M$X4[JPVOVC#?SXG5S"DM4%(W5-<)FX90,=<)Q2EW`:8_BI5K.PF2%@PX6SNQ
MLK\7)/K3G[*8.963M.)_TU`J]/VY+(=6IMBOQ%,;]</%HT$F@SB#>$$2B0W<
MN@0QFP)I-6'F5T-5X-<NPZ96%7#3-(J1^WL2)*:*5^A.K.SO#1)J1,^ZMHK8
M-%2$N1\I3F5CTG<9HQ@YJ\D@SB!>D,@4%J4@1BS)MJT9$@R:P5Z/%*]JB3;(
M)$@>\/"@H1,S<_4&"36B*K#5TJ"Q[B4/S:-Q"U*\RKH'?3<6JU[W=EC2236"
M?VODSFO$JT8Z_!O.(&93QK:<V#;D!)X(AN*4V7>XRX]BY@I-@L22=GC=Z\3,
M`5Z0&(!_-A7$:DAI&<%+W=;*!WLW4)PR*10[HU@YQ4F0Q&F-ZDC,'.`%20&H
MIX.8#2FM,8145@U*^)F[@2U+B_29Y@_6Q,Q)3H*D`'/=+68.\(+D;@`)$,1L
M6+VJ0.+[!.#)U<8YNGB5L0C;Z5BLK\[$_%&Y$5/);'RE#?_31()833]H"2+5
M;4@/<U[>\M8?^[Y'93**F8LU"9("\#MI)V8.\(+D`+QM%K-AI;6'L&IH#G->
MWF:G7(PKHZC$S$E.@L0DK^@U&'IW=&+G""](BK#G%+$;7EJ/"*^&#L$)/FQK
M'7+5F:=EQ<YI3H)D8H87-\@!'@+PCY*"V`VOMC+9-I2).3(7IS(#\1)F%#-G
M.0F2:>'-LQ,[1WA!4@0^IA#$C+1V;:V28+W'-YXZ*%[YS$Q_5H&[?+'/6F;2
M$1O\>R!G(KR.V.+9*-012LCL&D*F$O?)K!G2@1G$[U"\9@:C02:#.(-X@X0:
MT7EKV8&"?I?EQRL'YN)5YYWC9F0R/LX@WB"A1G3>6EDTA./.BHS&@;EXE<D"
MN^58K'JKP4$QZ39@6+JSVO"J#?R$(%8SH;062=U0'9AW#4V"V])0G,KZ#F-R
M%"M/_DF0./EA!W)B9'<O2%Y=]%X0Q&J8:3W"*_O.BI#&M[[%JU""$_HH5LYQ
M,H@SB#=(J!$].+6&:`U.*R<:IYJ=TA-F<&:K'ISV5*,;,:/SK$:\:@3OEH-8
M31';LF/7D!WF4%.<<@U[,RQ9E,PU9"2.,_QZU$EK[.\%B?YK.-4&L1I*;<6Q
M:R@.\PAR<<J4S.V<6#G%29"4(G2!$RO[>T%2%T"I@U@-)2TV6L/5ZHZ&]-]E
MKTP//GTLQE=':]T&*O_SVO`J#Y2S0:S8#?NV.$FPWKKMD\;%J506%QRQ<J4F
M06*E\/K-B97]O2!I)."7HV(UE+0JX45TW_KF!8;74)PRI2L4\:.8.<=)D)@C
MZ6F]TCLQ<X`7)`6`F@YB-:2T9!%267+0_\K=?F<T_YYU2?I('*-BY10G05HI
M.K&ROQ<D]X'N@B!60TFK&:%D)8S]AFR?G4J=S.,N8N8<)T%RCK"M.#%S@!<D
M!>!**59#2FL3(=70)/81XWWVRJS,ZP9&,7.2DR`Q2?SC)"=6]O>"M/R#6`TI
M+4O26EGI_+V5)Z3SH<N&XC6KX]$@DT&<0;Q!0HTH2;*/^_S\;:7).\L`&DHR
M>6B!A_DQI$;4MP\&F0SB#.(-$FI$YZT51&-OVELQT=#YQ2N/)_BZ8RQ&O3>A
M")]^UH0[JPDO3?`P##6BB6N=D8A7RG[?T!M&V1>G%TCG%N9!.(D[9^<,X@T2
M:D0S:,B*>JI836'^1&?8UW+`E(V-G.\D[HPX@WB#A!I1#+I%6Q)D'#2!_7*%
MW7+_PR)`+R>+C=>SB=Y.QE!<E,P]S&QF>O1ZLCH"+_+#;*8(H*:E06-BT2,A
MK0M?$#<#NV665W`@))JY%3VY[".H[%>:`8E#;V8[JQGJD.Q7FH'-C3JDW<PL
M5J"7VEJ#WD1INL;^<2A[Y5Q`7U''L!;A:E+]&4KUU^J!NH"M'$!L&8H!&^A[
M8LMF6_ZVXJ"G\RTQ<XYAKTP,I^5LY3R)&(L4AH@-0L0&(6)005":MKSH%@U]
M8;Z'8:^7&+#ZX'2)`4+$`"%B@!`QJ"!@H+4$"R3ZUM_6P#Z/R6[S`DY#*D?.
M$.7-4!HA9DBQE8D2!8;2&(112W383!%`IR$Q]).8M+X;9HUS)+OEXL!*0"1S
M(Z\O*-DOMX*O1J#JG=4,]4?=##Y/1OW1;N;%!47KF;GF5L784V:WR%XO=0Q;
MN9A4?89B,?&)/>H#-G,$T64HE1_W(.++=EM_K5AF:@VI@J=RVD58CL3/O0+E
M245G,V=*W!A*$;A($3FV<PB18RB%K&!H$3FV6W):S,SD&BK&G#J[!2N5^+EV
MO60K)TK<&$J)8A6(&]LYA+@QE$/F`5C>MR9VPRW.I.IL(-P2#BK'?-M$?ZB0
MYG0>D[9P8N9,Z76D*@)U-KV1E.T<0F\?92B1PX%,+R!ENR47-_SYX#.3RT*`
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M44C=TFYH7E"AKZ(`F/MJ7F"R,*@[B/87,P9J=7%EWM5(_<,.7#?J"H9R5^!J
M2%W!#AQ#K!E*,2W6[&`7F;CCSP1;)\7RWM*::TO7J7>?T@TQG,Z(;!87KP\&
M%B%E,$!#U`-G-43=HAI:X5-C-!C:#;TX&**`F/MJ'@Q96-0=1,NC&0PL/Q*M
M5O^P`Q>6!@-#+W8%.W`,L68H#X8&:W:P@R&JC!;!K#XT03@\T(I7:Q28XE1]
MMG*FQ(ZAF.D*]E\J,YLY@K@Q%"/LN[O%;)BEEYPVF)67GVIFL$</G;PB-7XL
M%':<K9PGO9:<%4L,0#GL9C-'T&O)ZX@K_+4+>BTYVRVU*"!:U+*PT-2,2I#7
MI*8:Z#%+U"IQ4C9<@5)?S%,EF8D:1A`UAF*$%4!BMLPH]XI9:VTJ+T)5).WW
M#5UQR[^N<K5<FA]'8`]8G%";4V5C3N\ON:7-&H8#]4#V>*4EZA;5TGJ'K[NG
MFK=;FB^"]%Z57K+:&@A9Z9#0Y.%&(]I@5&R#$5V#$4&#$1F#4?HU!JE&<3*G
MRA+QY5]J*B]BI0Z9=1">+8A5D4NU&TECLQ;-?MPCQ%1B&2.F!B.F!B.F-09,
MH][X):99H-04.G.A2E2+CJG]B"K,1RJJ^#$MHFHPHFHPHFHPHEIC0#6*C%^B
MFE5)38&H`@6BFMWB@4.*3U1!;1%5\:NH&HRH&HRH&HRHUAA0C<(!J$9EF7^1
MK?%+8^7EL#4%H@H4B&H1)+4?486K#*(J?A55@Q%5@Q%5@Q'5&@.J42W\$M4L
M+VH*W0X74J*:W:"J^+>41%7\*JH&(ZH&(ZH&(ZHU!E2CNO@EJEF.`-5Y?4Y[
M(E'-;D@5_(BJ^%54#494#494#494:RQ3S;^(F'\T[^'P].4P'N[O3Q>WQ^^/
M-+=HB_CP3N#\6XR4_CK^&F/Z=41KVT3;)NXLUK:-MFW;MHNV7=NVC[;TZX^F
M3;*T8OJW8]_`I_ZM:^&^?QM:^&^T9\7/7C;:HGY815NZC[B6Q.C'(K_=?#G\
M[\W3E[O'T\7]X3/UX^)-_`N$I_R[DOD_GH_?T@_S?3P^T\]$IO_[E7X`]$`_
M3K=X0\Z?C\=G_@_JS&OY2=$/_Q$```#__P,`4$L#!!0`!@`(````(0"YATVO
M]@8``$`=```:````>&PO=V]R:W-H965T<R]S:&5E=#$R."YX;6R,6=MNVS@0
M?5]@_\'0NRQ3DB\)XA25B.X6V`*+Q5Z>%5FVA=J6(2E-^_=+<BAQ9BB[>6F3
M.2/R<&9XA@R?/GP_GV;?JK:KF\LV$/-%,*LN9;.K+X=M\,_?G\)-,.OZXK(K
M3LVEV@8_JB[X\/SK+T]O3?NU.U95/U,C7+IM<.S[ZV,4=>6Q.A?=O+E6%X7L
MF_9<].K7]A!UU[8J=N:C\RF*%XM5="[J2P`C/+;O&:/9[^NRDDWY>JXN/0S2
M5J>B5_R[8WWMAM'.Y7N&.Q?MU]=K6#;GJQKBI3[5_0\S:#`[EX^?#Y>F+5Y.
M:MW?15J4P]CF%V_X<UVV3=?L^[D:+@*B_IH?HH=(C?3\M*O5"G389VVUWP8?
MQ:-,DR!Z?C(!^K>NWCKT\ZP[-F^_M?7NC_I2J6BK/.D,O#3-5^WZ>:=-ZN/(
M^_J3R<"?[6Q7[8O74_]7\_9[51^.O4KW4G]2-B<UD_IW=JYU#:BE%]_-_V_U
MKC]N@V0U7ZX7B8B7P>REZOI/M?XVF)6O7=^<_P,G88>"06([2*IH6CR>QYNE
M6*Y^/DH$C,Q*9-$7ST]M\S93Y:'F[*Z%+C;QJ$:V2[`\QD6IV);:^Z-V-Q\I
MNIVR?GN.-QOQ%'U382JM4P9.JLI')^:1#QXZ5'I<B0R18C;24XM&]`86VLI8
M/#`.$R[4(_<]D@5UD;[+PWIT(3R329[:N@W4*"X08CD.8%:>@<_:Q'*Y8LO(
M,1HO.3^,BCA)QZ$)-Y56%$.3XF0Q9E2CJAXQQV0S#@0<P2<UY:C3E7.#1`8R
MMRKO.W-KE,4G81'(P">%6ENZ)1IF.4;#6"24N,2P6*]&E'!<$8Y#C6DKXR;8
M[!GX`+<-FSO'8(CFAH+'Z#J>)K:>)*:MC%C*"B,#'R`FUGSW8304B2MIH(9A
ML7!K)D'3/8SI!BHJC7*.C$4&/I8CVQ4Y!A7%,3[`$*.H8`C!!T)PR*JV,F)>
M5L$'B+F2@7K#6,A(2PRB40DMH;H,"MS`RY@9,2^KU@F8L7V2$S!D.U@2-';$
M*3>MPBRIZ7)4"@$B3:0B=:5K`I19)Z05GD5B"R6@!?<.`=!CHJ<IJXU,@!,$
M*=RXI4(""<S%6!(4R2UEJ677L1Q3"&I,V*$JL.$!)\LN87LB%QAFM2<)*%R&
M*3FMQ!/D0*`).;^^!A77?3WTM%9@F)6?)&#BJH*2TWKLR/%6I,Y.WNY,68@R
MZS2]/0GH[4^"HE9+.6IE=AS'[()@DP#ZV<6J[F)@*P^#(4.EP&A\0W2%EN8)
M;J#8A)N?7"SK;GS+#8,AVU+23+L-(.2IVU$T;EJ4)[B!5JNZ=F>@E$V?B4'0
MA_-@[EDDMM")M>RZB;VB`E6FP7%KL-L22W?(8Y<+#'O1P>"MS,73LF_,3/:]
MJK).5C-X,\P)S':+)"`J.A+!>$+W43,W,".)J@`B:)TLR9B=*7("\]JGH),]
M2E)E\$Z:8PUSDFXH2Q*<@*18>"0Q'`K>VZ2=`SZ/;XE<K#7<U>,@(,;,"3(&
MF76"&5;\T)@36"Q<"S#+DQ9>F;.R2%=N^322TRTB]EM$O%FS.3+KA?J[9Y'8
M0F>F^C^&9D+W>6O.]!U7)1A"XU^4".S?E"QL0W/SJA1K%7:YXUIBX)]=EJP3
MCM"@[8.\2>Q#(T05WB,PH?3H`&RK'(NYB%T5&#B/,1R*->_D!!<WBVA:[F-0
M<K61G-S[@C;(O3YG<#2W0T"B%3]V]B=PXA9'PZ@UV>5Q+#20:L*.BWT68ST7
M@HE53N!0K!@N"2[0GQ0(026OF"#/LX&Y6#!MSZS3($<T3OE=5!)4"#<T94D;
MPQ#&!"X")(P\C9EU`G9,1?)[H"0@JFY*36NUG^%$FWG@^.W8.@$U+C3Y7502
M]-;%/:$MP&077:0,S&2$-YO,.B$9\2P26VATJ,1[!'RI%]Y%*@$GB!(+84Y`
MOD<D0=%?DRC'Z6:03#4#?F"T3C>XX4[!OI3D2W26HM1H&QCK'G2<U+TG'\D@
M]EK<O+!AD&T*2;Z\=4=/[C<(`_/Z=[L;&H1U@NBQ`.4$9/PE`='ME49ONC4D
M[VD-ULEN32YIN&]XU#!X4]"F^T+RGKY@G8`:NP3D!/2HX8X2.Y1$+:4=8:@Y
M8^9:P7*662>D%9Y%8@N=F(H\;T7IA-A[IW_K!+$)8QX="C-44A3I,:5)!=^C
M.27\[G0`A9^"DZTN[_Q/X(GS/\%OGO_5B]-49S)FOC/9X2:S3O`:X)__">R?
M_RGLG__A(0N>?\Y5>ZCRZG3J9F7S>E&G-:&N#:,5'M`R]8!F'J&B$5#/6M?B
M4'TIVD-]Z6:G:J\^7<S72G-;>`&#7_KF:EYH7II>/6B9'X_JI;)2KP>+N7+>
M-TT__**.Q='X]OG\/P```/__`P!02P,$%``&``@````A`.^'13C,!0``%!8`
M`!H```!X;"]W;W)K<VAE971S+W-H965T,3(W+GAM;(Q8VV[C-A!]+]!_$/1N
M2Z1LV0GB+%8BTB[0`D71R[,BR[802S(DY;)_7Y)#B9RAX^Y+8O,,AX<SPS,T
M'[Y\-.?@K>J'NFMW(5O&85"U9;>OV^,N_/NOI\4V#(:Q:/?%N6NK7?B]&L(O
MCS__]/#>]2_#J:K&0'IHAUUX&L?+?10-Y:EJBF'97:I6(H>N;XI1?NV/T7#I
MJV*O)S7GB,=Q&C5%W8;@X;[_$1_=X5"7E>C*UZ9J1W#25^=BE/R'4WT9)F]-
M^2/NFJ)_>;TLRJZY2!?/];D>OVNG8="4]]^.;=<7SV>Y[P^V*LK)M_[BN6_J
MLN^&[C`NI;L(B/I[OHON(NGI\6%?RQVHL`=]==B%7]F]2%@8/3[H`/U35^^#
M\SD83MW[+WV]_ZUN*QEMF2>5@>>N>U&FW_9J2$Z.O-E/.@-_],&^.A2OY_'/
M[OW7JCZ>1IGNM9I2=F>YDOP;-+6J`;GUXD/_?Z_WXVD7)NERO8D3QM=A\%P-
MXU.MYH9!^3J,7?,O&&GJLQ-NG*PD38/S)=^NV3K]?R\1,-([$<58/#[TW7L@
MRT.N.5P*56SL7GHV6S`\YDW)V);*^JLRUY,DW4&.OCWR[>;N(7J382J-409&
MLLIG(X8M\LE"A4KY%<Y`))G-].2F'7H3"S5*6%`.5TP(!]\BB;&)\$WN-K,)
MXID@GCJ,23Q'3:$RYTY`^'9+%LO`:*7+1\4DIP/"&4"+R[PY0=*+K];SX@K=
MA7(K-AMQ,N]"AS\#FXU.Z&:+P=P%4Q)GX8+K]3P3\9,U3ODYP5$H#@Z+5[,C
MX`<V3FSH@'`&T-KIS;452F-C-P%K@\U*QV;!")I/Z%S)TX`Z&PL66WM$:W.3
MED(IK92$!&R`%DEG[F(IJ3,Q@4K9W*.FNI)5@NFHJ5%*Q9X!B!#8`!5.J\<%
M%YR6CXM:MXC7W55>:I3R(DMG8)/JS#&^(8'(,1Q3:B[,5\DGB62R:UP)FQXF
M_!A1P<P8F<`QR@_#"2D`@>&M/3(H>DPIJY]6/4SY61>05V,$_#8<%V".4)9Z
M]$#238&FUC>FIR3V"CU07B1:].AE#(Q@A355IAS!?$VB*PP\54?R&4$ENE<(
M@A:[!&4CI`7(',76(<V]$>&.X-`H:;4KTY["0'GE"K.N7VDJQLI13F]$N".8
M@1)5RV"2!'G%\<X>M\?#U,XDR$H'5S:X)@PNZJ?&11W]PN24T%IRM.LQT&$W
M0<QK>\;('$"/I"OE]/`*-'?!F)4/3%/)+:'I-#\&:NQFT>]^QLA-HB/B.J+"
MM<$$E,3>(``*C.)$-3QCKDR3@Y3?`@4"%VNK(9BCTEK"T;G!,)!BS-'&VQ0<
M&$$N/8XW0&'<P\S%)UV(8YVGIU'#1$^=W@\4C=%UBK=`@<#%VNX=A9%CK?<X
M@B*C,,9$MC/M8Q<"1]*P<@2NR*U#('3Q2:JY7-Y)]:0I>IC&SZ;"Q$_-_92;
M"Y+\"^,>=F6WC*.GQ-H6X<P,-!Q'C0H]!R/P[UTT$.H=;X%@J216AS`_W`]F
M?M`'$+^$)"[C8`3\J%;G"*5]5"!T92.+R2G)OA(\4')$CBIIIGZ]VK32NW].
M8-)H!(8_^PG"<;>8@W>E2S!;N:;L4!^@5]A<NYZK<F.SIV<+#-]9^CA^M]L$
M![U'<4P]F396D&57)323',.T2@6&$^<^C)GB?C)'\DH?<2K91-+M(PN6VF`8
MA@CG,<F$X`C?;&V98XI7VHG3<_F5=I+2M&;&"H+)J$[F&$X\IF[#63EW9T14
MDG)/#15L#1-13.DC16:L@.@J):J<(Y@QHEP"P9O4[@,3Q9UE2KI\7/-N@MXU
MW1C!XX)_34>P?TU',./>-1T>Y^!)JZGZ8Y57Y_,0E-UK*^_%3/[VFT?A43"3
MCX+Z82V:`?E4=RF.U>]%?ZS;(3A7!SDU7FZD+O7PJ@=?QNZB7YV>NU$^TNF/
M)_GZ6LG'FG@IC0]=-TY?U*_K^3WW\3\```#__P,`4$L#!!0`!@`(````(0#3
M?G5]>@H``+4O```:````>&PO=V]R:W-H965T<R]S:&5E=#$R-BYX;6R,6EUO
MX[H1?2_0_V#X/;'U:3E(<K$DM>T%6J`H^O'L.$IBK&T%MK/9^^]+<D;4S)!R
MLP_W[LX9TD<SPSDDI?O??AWVLY_=Z;SKCP_S['8YGW7';?^\.[X^S/_]K^\W
MS7QVOFR.SYM]?^P>YG]TY_EOCW_^T_UG?_IQ?NNZR\S.<#P_S-\NE_>[Q>*\
M?>L.F_-M_]X=+?+2GPZ;B_WGZ75Q?C]UFV<_Z+!?Y,MEO3AL=L<YS'!W^LH<
M_<O+;MN9?OMQZ(X7F.34[3<7R__\MGL_#[,=ME^9[K`Y_?AXO]GVAW<[Q=-N
MO[O\X2>=SP[;N]]?C_UI\[2WS_TK*S?;86[_CVCZPVY[ZL_]R^763K<`HO$S
MKQ?KA9WI\?YY9Y_`A7UVZEX>YM^RN[9NYHO'>Q^@_^RZSS/Y^^S\UG_^Y;1[
M_MONV-EHVSRY##SU_0_G^ONS,]G!BVCT=Y^!?YQFS]W+YF-_^6?_^==N]_IV
ML>FNW)!MO[>_9/\[.^Q<#=A'W_SR___</5_>'N9%?5NMED665_/94W>^?-^Y
ML?/9]N-\Z0__!:<,IX))<IS$CL!)LOPV;ZJLJO__+`M@Y)_$;"Z;Q_M3_SFS
MY6%_\_R^<<66W=F9W2,42QO*K0._.=3[6//96G\^YLVJNE_\M%'9HI,")UO4
MHQ/WT+%'L>0N)G99K[A+&[ODJZP.3@O[1.&Q;+"N/)9#^6.MUF$>_^0*7'SQ
M>(.6!B,-+3$P+@7C,H3666VL:=2:U?@TP`*<2E\'+B%:&HPTM,3`6)1)%L[Z
M,+?,0^Z*7$0"7%8^^ZM&H)JBMIH;/MA0>+T626\I6A=%&,N(VZHDJ1S"YZR"
MN*@7!2ZU)Y[5>5.&^2&C'%]7X^][W%`\SU:Y&-\"[I/#"-=)PL[*\UV(8"EP
M(=F6!B,-+3$P#JLD!V<509-U#RX8M"83&=,,7BU%-1B`QR=HB8'Q<Q(XMITA
MJ<[*^96"@`*7$GI1*=:+!A396S7D&3?#8->AW7)JB8'16R?I.:N@)P*@P&4@
M4!2B9C3#B[H2N`&<!)`8&,/,JE4B@M[,RZR,^K4;^C`??T3CJ-%B(DM++9R)
MZ\MC+KV$E)5-D`_QMPS:-FTQ,FT*?2"K(FGZ&F@"&%)*+9RGZ\]7>$+[9CQE
M1\G`!ZNOR7AY:0ZOQ/(V`1ZY#O-9"^?JNOC(-<02FCOC*'Y%9>`#)6@W&`+7
M`L]$=1C$QUIHJ86S=/T[P1+:.F,IVTP&/L#2;F(BE@S/&S'>X'C*$D9X"V?I
M^O3(,MKB0!NG;.T>)\K\T.S]'BA*/$5O&M&5C-T3PH)S@RN!M@R]R<@>@#^&
M:_57'@.4@#Y&)6BJ#'P@Z#=Y48FH:NF0B;08=*!AGU*@S+7^D6\H85`$QE,V
M43_T88XEO,XCFC`'XGF\T(CJ0)_'&1/%X10@P1*$@;$4"T5EX`,L4OL+X1!O
M,-"!1G-*D#*G`R//J(A!)BC?1O11Y:<8HEI7RRBJ,`<\3]W([8[!\93ME#CE
M:7'R9BZ@<C^IT`>VFZ*`]370($CX40M;2SF7K*$VO5GP$YM"A3Z8]27\$3KP
M!1^#/I0M"*6W<+8VK23W@:TS"[9B.Z%R\$D+ZS70!#"(%;5P?FFQRF.Q:N0:
M0I\)?C!!$C1AY,AO<)=BFCME&-=.B!\(!ELSHC<K/_1A/E&-,$$2-#B2YG=*
MH-SI/<4/5(/QD[+DAPYKNL1J%`M??\7)H!/E.ZA6%$^N1"&>L0(U0C]43A4H
M;[*BLMU;M'_-G5:K)LO+Z+X`G2C?*27*N1+)WNEAL8Y$;U3H`Z4HDJ`9&.WH
M`SH6*I$GOI#28I3'8B1/T@I]H"TUZW*Y;IJ()Q6LIG+71G(G;G`>&M8I2<JY
M)(4RB*7([J>B0B#2X25:^^GHJ<1$EI9:6.3LE55J"7DS/PU9+G*1H]?XS#JR
MF,C24@OGPL5%GH>*^#R4U5*,%7IAP<F=G.:PW..;`(>:HQ;.UBE$W!P+$`[:
M?.0>7:$/<"2W-Y!/CHHU;@(Z,H1?]%G@#+F\1/&,92:KY;V%*@9Q<%OP<BG*
M43.XD#><)L`CVV$^:^%LN=A$;&/1L6S%/D<5@U0XMD4N%S*#LY48;0(\LAWF
MB]BFI:=(2$\F>R(Z0?K%QD,S4.RA3`!'@E-:4Z2UQIMYSZY%B2GTP9U:E0L6
MFN.%7((&\;$MM-3"D\X59FB%!31ZNHBBVU7T@2AF\L9*<UC>AAD&KT4$6H9F
MY*<Y>:XZ4AZ+6'ULQ8J?4N@%P2ZBHX[F>"/URR!.@SVE.T5:=[Q9E(3<;J(/
M!'M="U@S>+6.UI74K#8,D.NJ3.N1-PN.4HW0!PNBE%4K8+'7,P$.2XM:6-Y+
MKE-#T7HSYUB(!J30![)=U]'-.L?S5<22''7@@(XCXNY?.EF(]<F;N;)'U^GH
M,]:4CBPFLK34PN/%=2C$*]:?6K;*<E`+?P&TE'7'X/A..,!C3H?YHKKCZA,X
MQJI31!P'C?`<92_1Y578!'CD.`R(.*8UQUX9R^.L[3,B5`J]L*GG2U&9FN.5
MW`<8Q,>::*F%YSLM/24<,VA3EPJLT`>E,=J],3@O1`<P`1YC.76T*=/"X\U\
M#9>R8Z,/1#)?52+2FN-K61`&<1K)J7--R14F5"5T>%O+X>5C]*["#Z6G`AU9
M3&1IJ87GE&N'W)V5T.%I;N4)2:$/Y%8T-GT--`$<\TH4A?&LN'Y(GAX6^14K
M0:$/\+1';7%'Q6%Y/C,!#ERIA7--ZT@5GW-*L>U6Z(.[AOA=A<!E-S"(DQJD
M%LXRK2.5,XM(RLZ(/KA2XG<5'(_?52!.6<*O>@MGZ1K[J'9R+U9!WZ?UF7A7
M@5Z8^2CQ@W:X/A^_JPB#Q\0/`ZR%DW4=_@I9$`!*5G9"58$/A#;U1D(Z1&\D
MT($&=TIXJK3P>#,O@4HV2_3!0HW?2'`\?B.!.&4Y=>*ITK+CS8*E:-D*?8!E
M8EO&\7A;ACAE.24\%1>>J%#CDT_T/L)/X5J[*\1::JAFL/U4BO<O$^"Q3J?D
MI^+R$W$%&:)U*K?^RD\Q<"VE2FD.UQ%7^`4:5V+A:RHA4/:F:9#,*A8H*<P*
M?2"N\>4!@^/+@P"/<9T2J9J+U,#1FWFERBM>A3[)JW-]#30(DEA2"XMEG18F
M;Q;\1,84^L!*LJ=R_X=7H/Z"CT$?RI8<?3A;IPEC-PW1=&;!5ERVJ!I\(.-R
M2W(--`$,V:86SH]+4^`72U+TEJ<>%,2M](C?%="$D2._P=U:.#^N1H%?K$+R
M_;RJP6>B&J^`!D?2_(*[MW!^:?6IXV./O+A7Z`/5./66YRM.!ITHWRD=JM,Z
MY,VB'N6V#GV`[]1;'NXT\98'G2C?*46JKRN2AP5ON=%#'Z@#<2K3#,R%]!I$
M*=$I.;)?)"<7>D*&Q%I1?NCPNF_B+0_W2;_E01_*-A(D^.H9OA4^=*?73G?[
M_7FV[3^.]KCF>DVPPM?6*KM3N?M25=AU=J=3=I/=F92]M5]M>_LB3&2_I7[?
MO'9_WYQ>=\?S;-^]6`K+VY6MW1-\=@W_N/3O_K/>I_YBOZ+V?WVSG\=W]E._
MY:UU?NG[R_`/US_"!_>/_P,``/__`P!02P,$%``&``@````A``&PRB&D!P``
MW2D``!H```!X;"]W;W)K<VAE971S+W-H965T,3(U+GAM;(R:76_;-A2&[P?L
M/QBZ;VSJ6T&2HEW1K<`&#,,^KA5;CH7:EB$I3?OO1_$<B3KB(:E>-`GY^KP2
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MB[?&JS^K"/YL-X?J6+Z>^[^:M]^J^N74R[R3X27[YBR=Y/^;2SU,`GGOY7?U
M\ZT^]*?'($KODFP7B3`)-L]5UW^NA]<&F_UKUS>7_T"D+GTJ$F(1^1.+B/`N
MS!.1I/XJ6[@B=2>?RKY\>FB;MXV<']*SNY7#;!/WLO)P"]%.CN5^Z/PP]"J-
M;.YDZ[<G:1@_;+_)4=FCZ".(Y*S6HDFQE3:3EZP_\QH]AM:%1S&]7EW&1Y#D
M*HQYP8@45!<?)]/%#[WR;N;7E2?)HC2(8J-T3$J/USJT/@;R<J9;+9+=HB)H
M,C5::9;J>R%C(7-GQF)HI?6S7;BH#YH4ZN>1MB?U4U)_F>O02WUDKNG""$0^
MHXP8C0,UM!H&V<(`1.;8#POD8D[.8AUZO;&"R"Q=D-+CU0ZM]&K-6$$#HQ'M
M9O.(#+N0B\CLVD<#U4P=S&!1-%E$TW!1"P^R@.-\CC+9"E"AE\ARB]=`WB**
M^?(`8"Z\="V@5X#*#$.X^57=WJ11Q53G$19K&$91K"#3ZQW-@4=8;@#+R<1$
M#2)W?3?"8A7#J'(;4827:X5@6=;+&H9L@UFX:5;=_I!M/`L>:-5,>3.)1A$P
MD(A4+[0DYY!'6C53"S-G%*%%&.K=AUJXD0Y7(8TJKQ>#]&QU#3FD4[W)X(9L
M0SIT(ZVZO6FCRD0ZY)%6S30*,VT4(0FQWNQH$CS4PP%KL4,P81.H<]MT<F,=
MKL(:57@S5BL&['G4'-BIF'8"C-H&=N@&6W7[H[:!'?)@JV9OU/.]6J3"LI'*
MC6R^N8U[M6JF%F;6*`+81%KHY9!,I\@-MNJF5LQ>C2JOEQOLB`5;3U)(&U4F
M>I$;;-7M31M53'4>[&C-7HTB8"$,;6'S8$=KP$81.MA.W)$;;-7MSQKP]UFY
MP8Y8L/7`8-0VL",WV*K;'[4-[(@'6S73X3'7<!0A"7%D.9G%/-BJF5J88*,(
M+:+<LD_$;K!5-[5BP$:5UXL!>W8(CUFP]=!`VJ@RT8O=8*MN;]JH8JKS8,=K
MP$;1.#R1Y?`D=S1N&5?--`(F;<!_LM",D&4\=J.MNJD5ES:@[?5RLQVS;.NA
MP;1M;,=NME6W/VT;VS'/MFJFXV.RC2)8^?1YD^20\&"K9EK?C!I%[OINJI-5
MYW!4N8THTN/1(V%1UDL0A(LJ$[;$C;+J]H:+*J8ZCW*R!F44P9@(?>B@Z?(@
M)VNV:!2A@07CQ(VQZJ;3B,$851XG"O&4+POO\F.QQ`9OXH97=?OSM<&;\/"J
M9CHJ)KPH@K4M37:6XW#*\ZN:J87)+XI&BTR_3R&3*'4CK+JI%9,QJKQ>/,6I
M2;'(LB7%J#(Y2]T4JVYORJABJO,4IVLH1A%,_7#V>3%-@,<X78,QBD8'O:U1
M!S?'*6RT,H7I4WHN8U#YK"C(R\_&4A;HY0>@J&+"<`.=`JIR/LQO1`\*;`>H
M8JKS0*=#,T7`!!I%.#J%OB,21,;SK)JI@\DSBL`A#BTX9VZ<53=U8J)&E<^*
MTKS\-BDSJ0[SV;<[$`:JS#`R-]6JVTLUJICJ/-79&JI1!(M=F"5Z.Z)9\UAG
M:[!&$5JDD>4`D+FY5MW^L(%K[^TP8,LM9MRI,P[L3!]+,6U0,7FXP<Y6@8TJ
MICH/=K8&;!3!\`CY;_JXCZ2=\V2K9AJ!23:*1HO0DG;N1EMU4RL&;51YO1BV
M9VGG'-NS$P:DC2HSC]S-MNKVLHTJICK/=KZ&;13!RC?[IIIFS9.=KR$;1;BT
M6HY]N9MKU>U/>KY?QS8G-]4Y2[6>GYBSC>K<3;7J]N<,[#,Y\U3G:ZA&$<0@
M+"MXP3.MFNGPFTRCR&/@)KH8NJD10S2J/$YNG@N69_VN$')&E9E$X>99=7MS
M1A53G>>Y6,,SBF!P<OT9'^&YX'E6S73XF9P!>C!(]7L6:N#FN0!290;S8ZNN
MA:,_Y]GJQ/`\^P:K8'G6PX).-IX+-\^JVY^SC>>"YUDUTQC,XS>*$`);T&+'
M$PWMU,.,>E2-I.EA(V$/3]#-/U]=O@6"?FK&8#W*X+DHD2W=X"$[>#3M4K4O
MU2_5^=QM]LWK5<XB(0]F4RL\W?=1/MT7JL>VI@[YR-VM?*G^*-N7^MIMSM51
MOG1W-YP^6W@Z#_[HFYMZX.RYZ>7#=NK7DWR,LI)/O.WNI/C8-/WXQ_#\W_1@
MYM/_````__\#`%!+`P04``8`"````"$`'-7_I8P"``!]!@``&@```'AL+W=O
M<FMS:&5E=',O<VAE970Q,C0N>&ULC)7;CMHP$(;O*_4=+-]OG$`XBK!:M*)=
MJ96JJH=KXSC$VCB.;`.[;]^Q30(A5-H;$L^,OW\.CED]OLD*';DV0M493J(8
M(UXSE8MZG^'?O[8/<XR,I75.*U7S#+]S@Q_7GS^M3DJ_FI)SBX!0FPR7UC9+
M0@PKN:0F4@VOP5,H+:F%I=X3TVA.<[])5F04QU,BJ:AQ("SU1QBJ*`3CSXH=
M)*]M@&A>40OYFU(TIJ5)]A&<I/KUT#PP)1M`[$0E[+N'8B39\F5?*TUW%=3]
MEJ24M6R_&."E8%H95=@(<"0D.JQY018$2.M5+J`"UW:D>9'AIV2Y66"R7OG^
M_!'\9*[>D2G5Z8L6^3=1<V@VC,D-8*?4JPM]R9T)-I/![JT?P`^-<E[00V5_
MJM-7+O:EA6E/W!:F*E""7R2%.P)0.7WSSY/(;9GA\32:S.)Q,II@M./&;H7;
MBQ$[&*ODWQ"4G%$!,CI#X'F&)-,H'4UF\P]02,C(5_),+5VOM#HA.!V@:1KJ
MSEJR!+(K81Q#)YES/CFOCP&S`>MQ/9JGTQ4Y0E?8.6@S#$JZ"`(RG1;PK[1:
M#6>]T5AT^WT:FSLA741/87Q7P5F=@AN,*VO3&M!U6;/[R+2'O&V0\T+'<(\T
M[TA!+@2E_BQ=]P-F?Z<?SIIA*/DZN=N.A*#4CR3NY'J]F/;HMXD[[ZW*Y$(*
MB8>@H#*ZKS+KJ;0S==8!_7(J`CT$07.N"DW&]V7<C?G_8^J\`[E+PD$N!,U\
MR]*+L]>S14^FK<99!_A+H@$?@@+^\H4$>KA!PG?7T#W_3O5>U`95O(#:XV@&
MX]3A_@@+JQK_2>R4A>O`OY9PS7,XO'$$P852MEVX&ZK[XUC_`P``__\#`%!+
M`P04``8`"````"$`J+K!^]D"``!T!P``&@```'AL+W=O<FMS:&5E=',O<VAE
M970Q,C,N>&ULC%7;;J,P$'U?:?\!^;U<0])$0%52=;?25EJM]O+L@`&K@)'M
M-.W?[]@&$B!2^Y+`^/B<F>/Q$-V]-;7U2KB@K(V19[O((FW&<MJ6,?KS^_'F
M%EE"XC;'-6M)C-Z)0'?)UR_1B?$741$B+6!H18PJ*;N=XXBL(@T6-NM("RL%
MXPV6\,I+1W2<X%QO:FK'=]VUTV#:(L.PXY_A8$5!,_+`LF-#6FE(.*FQA/Q%
M13LQL#799^@:S%^.W4W&F@XH#K2F\EV3(JO)=D]ERS@^U%#WF[?"V<"M7Q;T
M#<TX$ZR0-M`Y)M%ES5MGZP!3$N44*E"V6YP4,;KW=OLM<I)(^_.7DI.X>+9$
MQ4[?.,U_T):`V7!,Z@`.C+THZ%.N0K#96>Q^U`?PDULY*?"QEK_8Z3NA927A
MM$.U)6,U*,&OU5#5`E`Y?M/_)YK+*D;!V@XW;N#Y(;(.1,A'JO8B*SL*R9I_
M!N3U5(;$[TD"2+-?]VW_-O3"]<<LCLE(5_*`)4XBSDX6=`=HB@ZK7O-VP-R7
MT.<Q%@769@I]K^!Z$Z0K(/J:^+<K-W)>P::L!Z4&!$T^@KPI8C\@E+N0R)@-
MU'B1S2"JHC/1[90PO0*9(O9+1'#.>Y($V'`E"1552:C355:D0^!<)5@Q+_0#
MT$1W=55712>Z0^"LZVW7P:S:`30W&-KM2FTJ"CUY>6#A:FZQ`:U&`_87@4D=
MZZL:*AHC.(6Q*<`N?YIVVH-"3[>6:\_M-.LZAXGDYJJDBBXD9TZE!K32@N$T
MG?VP-G=1S>_SI1G:5$47<JLI96I`&RT7S&_.WJPNZ]M.!/4M#5S@,)=2K2Z$
M9[6D!F3J/#>^)H`9J0CF:\9A,_W,S&@(+\F>U+6P,G9L]<A*HC%JAFX*0U=?
M$V=<@%G8X9(\8U[25E@U*6"K:V^@@[@9F^9%LD[?\P.3,`7U8P5?-P+7S;4!
M7#`FAQ=U)N/W,OD/``#__P,`4$L#!!0`!@`(````(0`LUA`BB`P``&0Z```:
M````>&PO=V]R:W-H965T<R]S:&5E=#$R.2YX;6R,6]N.X[@1?0^0?S#\[K9)
M73V8GL6*Q"0+)$`0Y/+L<;N[C6G;#=MSV;\/I2J)=8JTLR^SVSPE\JBJ6(<7
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MVR%.?02^G$Y?>]/?GOJF\/`R>?KS$(%_G&=/N^?-M[?K/T\__KK;O[Q>0[BK
M_I'MZ2V,%/Z='?9]#H17W_P<_OMC_W1]?9P7]4/5K`ICJ_GLR^YR_;SOGYW/
MMM\NU]/AOV1DN"OJQ'(G9:#)N'VP;66J^O_WLB1&PYOXS77SZ>/Y]&,6TB.,
M>7G?],EF/H2>^168Q_12P;?;WOK7WGQX*-"]A-;OGVS;VH_+[\%-6S;JR"AD
M^61DT,*-%KVK^GZ]:%@&9A.]\-*"WLBB;U4LUCA"ES%!"Y=:%"LT\:G)NIE,
M@&>1Y=FWAEA+1S3MU,'PYAW9E$.H>U<XW>!%`XP9PI7Q3=_Z.`_,H_-;]5X=
MV31#_$JC7.<`M37R]1*MUN6$`K60U1EJ?:NB5A=J](Z,RH';PA;*70[A)H:#
M\@C@<A5?'.C50&](^F(UY7B/*IJM\D)'-LS2-.HE',#61B\12X!OLFR`Y9C[
M?:MFI[S0D<W$;HK1,+I#%$$/8'QK<%^O7ZIF"/?UJ":HHMB1#1,LB@)).(+K
M(0=,:Y5WO8079F7CZP/--=`<_=>WJCG9J@$ZLA%S4C=XT0!CFB`B=WPSP,HY
MZYBD5!'8B%Y_84HQR2B`:&`+490HO]"@6(GT1;9]V8V1'%UDJ!I##5FK$MZQ
M$<6PJ6(,F"/UP3%LDC+"CQ->UE7,$&38E^#(4$]50Q4:F29R1$;$M&S59'3<
M!\.5>MH#7*]BJB#/ODA'GI,GJ78C/Y7MG1D+?"^GB[I0GG:(%XW"O<++&[/6
M])4[4DQ<284=J2I?=4,?CW,.NIXW#N!J7>&T]@"OZYCWZ,J^ABN>9355Y[#`
M2NJ+'JEC(^(95DA(Q`&\*$3R\?R1,M((B4*B?1F_0Y2JO'1H6"LEP9=:H"+K
MC`2CNYAD'D2*?3E7%$6I-E3M@>)*38".C<B7"SV1'<*5RAB/<'#`%`HDVM?T
M2'2:/U3JD6#B0C(B@J94#)P!V*K7\P`OPGKZ!L&^XD>"R>PA04"BL:LA8IT9
M5:.?Z*U13!S`BSB+.=ST,!=,(U(>'&E1@$9'#LTH>W:EANC82.A>TN)E"PZ<
MUQ*;:HE=*;'HV(@BJ%?A#E$U1SRB\9607`C,G>C9'D99MJN8J10]-N)Y8-8Z
M?(C+1*(`(E[?F@D6E40GV@`KJCJ3.C8BJJINN'N@!S#,AA@I]"=JR91EJ898
MHZ>K):,;Y"2X4(]Z>'11E?'5D!TJR,0N50YK5+7H^JUT2`6.<I$$6<)Q>(YP
M'D1N?=6.=63B1L4<ZH>)R<P9F*_X`^CL'=`#&&<0,KNO%3:C%2:F!S,D(_9>
MF\X1PL>E;56K5_0\"AO8UMPBBWJ1S)*,;IAD0DMA6"C468D*&AQJB<8\0(?>
MEPR;D0R]%^_8B!U:VN@.CKJ4%%NKE_#P>"$6Z4`TK`AD3FIG#K`J.3:^,T6>
MC2APX5A+,7&,TXNL]9['`UR+#2$2S6M,D=$8K?,=&Q&!1I]9.89O\??PN.2/
M!#,Z(]:N!>E,J/#3X8RUJLAU;"14.&GQL@4)H'J,Y:6@+88L+T:OBCLV(@]5
M==SI4*H!;"N5`)[AT8%%+*Q(,*\<!=5]]$SL@G-L%(?QV-#Q8]%77K;@P'UQ
MCH4W27*JW>"AE5[`%;+`:_\Y0!/WP*.B9R2)ZC"0E/F340E].M(54@@6QB8S
M$7"KU\L>GV]B>B)35(LIT3(JH1=T70$J8967'<":O@=T$04(V?7E^4ZPJ7K+
M8%N][>X*6>)UNCM`C:BL0ZIZ@(LZOB+2O*\0148A](JD8R.:M2KK'("+6JF'
M1[B,,QY8EB@/8ZB'9B4+8M;3E&4C8F?T:LLAO(JY1EY$6)P%([^\*I0952AB
M()@?&1&_Q5IO?AUWPE6MT@>]'O"%M<+%R+&O_+<3LNQA]*41&P3F2D;,-3TU
MY4Z8:WIL"OB=<],RKR%#,W(,^P-573JVBA79)2U>MJ"7\N)0IN)@TH$3<>#'
M(A4O6W!@%(<IQ3.B4(LTY+A`:9^.#P;0A>H=]Q-J>GH`8VHB-92$B5HJ!2:]
MYY&EWE9JL>U*A!-V$C9B^8S\\D)0ID)@TLL>MAI3.KJ`G0="H2>OQZ?+6#V0
MX'TM*%,M,.*\G$,LM6"QCB,QS[NPYR'X+<TJEF$DBFHP13I5`2/VY4R0C&B(
M*A9RYB=1DVQF2@G+VRJ@5Z$,Z`74`&-Y2$L8&Q'-!'8`6[$+&%[#(RS4`GGF
MY:"B2B]7F$8?8'=L%$N&2UJ\;,&![]?X*E/C]3ZH8Z,Q59*U$>+R?(9=!!I1
MW3ICK_(E?FA6,4PN?MB(*"9;3@>P*>,"C0GV(S_.6:1,&?4#?8E*D"0;%?OP
MLM-&*CF0ZZI1$?KCUG4<B.8$H#:Y]F&8>:Z*6#N19UXXJHQPZ*K1L1''VNJS
M$(=X<K#M$2_C414R[*OX[95'144>/:DW7FS$(=<RXP`V^H;`(WSK-J5"'=%;
MGP'6J:GTHF.CT:/")1QSJ2?Z6M7#TW*MBOZ\+R=5*B=6KRH[-AIYQMQBFB`G
M>L7OU=/B-!V)]E4]!GZ4DXJ*O0RX%:5T8-"Q$1%,,L\AK(]:/,"WKU1J%)21
MX-"L(EV+HUYBR%:C"]7:Q0$<9\;PK`<P[)"G)1OXK\[KR-"<T(N2SO1@7R&&
M&&#'G1![Q=T#&#M&<GV=C\'5];'N821IQ9D#<R0C(K'6:P;N@E"KY[QGF.MC
M(9(4>>:%IB85"/].]3N]CF(C(<9)BY<M.#`*R)1<J7"DUU&U%`Y]/N<0527(
M`RK.%)`<JD82O50]TNNHFHQX`I@V)@JG&."V437=X_.UV-DBU?OR4:?R876V
M=VR4S78'X$+DT?`:'F&Y@T":J!Y3N*G@0[%++J1JJ0IJ,CH`DPLI1.4&#-FA
M9DSL4JTPM1:MK@8U,)7>?"@\D36%W_H%2YV7BZ%951)]C-.Q$>>BCJ$#6#G8
MWP#!?TU>*89FS4V):<=&Q$U?J3E$E6L]HGF9:%`F]%P>8,U1+8H[-IK\IW"'
M>/BUU$2%)@GC5(P7X30R&J`?[ZM&DU&-Y$:*C9BKUF4'L%C=,U$I.0OQ,-)$
MT4A<2N(!DSJYCVK(B,,N1J+J"+"^IO2`&I'/2#,O,4U&8O02J6,CIB=^I\KT
MI`(9S=[#TX(]TLN(C+A+:$@?0(*UUG5L)"0X:?&R!0F@=(Q5KTDE([V+8B/R
M3WH7!7!Z%\4P+TZL.)5&@GG1:$@/T#-*/CLVDIX9962\G?+2!@?.ZT&3U8.D
MH($>Z-\6.^Z$YZ<NU1[AN.A#?GDM:-*M0]`K5:PZMB("C2KW#E"CZ[$'6-RJ
M`+TV+P=#,Y;:0$_M^SNV8O^4M:KY#G%Y[$DE#/&FOK%[:%$6QN0?FA..,0S#
M&!U;$4>;'`(AK"NT!_C6"5![7PH&6/%,-A!L1#1UH.^!'D!Q7(EA[DNXVN.(
M`M92A4<92#Q)1ASM9+)P'PPG!Z,`&^%HY)G7@3:C`\E5*!N-!%#7':#*P1Y`
M\7-!Y)81@?!;BRD=203`AV+3PME(1B/'1A4DUP*>;*<\XK58?R-5E`NM^FTJ
M&U8H,U,EHY&J=B>@XKZ`9[:$;TWKO&2T5/O1CUHRV(C("2\,HSM`2[6;\X#>
MK#EY66E36;'Z+J5C(_9<D6PG$=<__/(,CRO0\&7;Y'L,,BI+$N2,PB3WH.&3
MOOYP@SY?2B\1`$XO$1`6)U_$DS[VHT_D#KOSR\[MWMXNL^WIVS$<59@P<Z96
M^LBP"Q\9#A_J+2<@?/KWOGG9_7US?MD?+[.WW7-X=/70+Y3.])4@_7$]O0]?
ML7TY7<-'?\/_OH:O.7?A*[#50S!^/IVNXQ]A4;&<O@_]]#\```#__P,`4$L#
M!!0`!@`(````(0"HR?I-?00``"X/```:````>&PO=V]R:W-H965T<R]S:&5E
M=#$S,"YX;6R,5UVOHS80?:_4_X!XWQ`32"`*62U8MUVI*U55NWTFQ$G0!1QA
M<G/WWW?&YL,V;'=?[DUFCF?.C,<G]N'C>UTY;ZP5)6\2EZS6KL.:@I_+YIJX
M__S]\B%R'='ES3FO>,,2]QL3[L?CK[\<GKQ]%3?&.@<B-")Q;UUWWWN>*&ZL
MSL6*WUD#G@MOZ[R#K^W5$_>6Y6>YJ*X\?[W>>G5>-JZ*L&]_)@:_7,J"45X\
M:M9T*DC+JKP#_N)6WL40K2Y^)ER=MZ^/^X>"UW<(<2JKLOLF@[I.7>P_7QO>
MYJ<*ZGXG05X,L>676?BZ+%HN^*5;03A/$9W7''NQ!Y&.AW,)%6#;G99=$O<3
MV5/?=[WC03;H:\F>0OOLB!M__M:6YS_*AD&W89]P!TZ<OR+T\QE-L-B;K7Z1
M._!GZYS9)7]4W5_\^3LKK[<.MCO$)06O(!/\=>H29P!*S]_E_V=Y[FZ)N]FN
MPMUZ0_S0=4Y,="\EKG6=XB$Z7O^K0*0/I8+X?9``:/9^?^5'(0FW/X[B*4:R
M$IIW^?'0\J<#XP$YQ3W'82-[B-R7T/,8BX+>%HC^A'"Y".@*L+X=_2@*#MX;
MM*GH0:D"P92/(&(BL@&!K<*X5#-XP&RD!T5K]`86:+58Q&:&=`%B(K(Y8K,V
M(70.B7<CQ."Y,7C*-F[68]?0F[@0;6R([T=3)-F"5(%VLJGAQA_S2&^F>W>;
MT/12Y0WDM.KM@QW5VF?30J]%*R!6Z%2!`DF+Q)&9.-.]@<69#DX\0SHKF/G_
M885>BU44V:P42!:L^F,;J&8PDF^-Y,-$H=5,2K:!/5,*I%KA^]:P9(:76&>"
M#EZ[%[M%.F@UZ<`QVYJ]3Q5(ZX%MH)K!Z`'^`$V'?N@!6LVD"SU0(-4#:U.R
MP3>>:LU@Y(\7\Z/5S`]%VZ=$@;2B;0/5#$92`OJ^4+4TFVD7RNY16M[1(D70
MW!IJ.,/-Z#4)H>C-MX$H+334(HJL@Y?V*)V06C=9J(XQ,Z.P+616>J=G7FJ%
M0DUY,C)8L!53L;VR#TY[\@F*U@()I64Z"1@#^RC*Q8FKD]`TL,^L6<SR49@6
M,BN]TC,OE:^IFI(>8EOH:,&&3,?6)($"-9&PM1GN$?/3$%N:D_8HO0V:[O5M
MT"PF`]2DB<$@`T1)U8_:H`E:WP;;0OM(_6_'=PX!:M0""25=.@D_BJUK1$HT
M@>M)V!:J8\SR49T6,BO1TC.3W=:6(3)(&^YP,/M9--R;T)I>.KIG9P+%:^(T
M&PJE;3JWA8L$&110*M/..I"9Y;9&BHYNFYMOZJ?-3;I-'?7GMXD>-5PGK,9D
MAGMVGQB],VJFDDIJ03A>O_PE18VMVTK:H[2S-+-0W6(,$SPS9ANG,T"WU9PH
MMG8FE4$25UT!_4DWU&B;7HL]OG,P@V2OF*EGB[KLUZR]LHQ5E7`*_FCD6^-X
M&*WJN93"<TD^.;S1`8^8>WYE7_+V6C;"J=@%EJY7.Y"45KUWU)>.W^5]_,0[
M>+[(CS=XES*XVJ]7`+YPW@U?<//&E^[Q/P```/__`P!02P,$%``&``@````A
M`''S'M3S`@``%0@``!H```!X;"]W;W)K<VAE971S+W-H965T,3,Q+GAM;(Q5
MVXZ;,!!]K]1_0'X/MT!N2K+:!&V[4E>JJEZ>'3#!6L#(=C:[?]^Q30B&;+LO
M"<P<'Y\Y8\;KN]>J=%X(%Y35&Q2X/G)(G;*,UL<-^O7S8;)`CI"XSG#):K)!
M;T2@N^WG3^LSX\^B($0ZP%"+#2JD;%:>)]*"5%BXK"$U9'+&*RSAE1\]T7""
M,[VH*KW0]V=>A6F-#,.*?X2#Y3E-2<+24T5J:4@X*;$$_:*@C;BP5>E'Z"K,
MGT_-)&55`Q0'6E+YIDF14Z6KQV/-.#Z44/=K$.'TPJU?1O0533D3+)<NT'E&
MZ+CFI;?T@&F[SBA4H&QW.,DWZ#Y8)0OD;=?:G]^4G$7OV1$%.W_A-/M&:P)F
M0YM4`PZ,/2OH8Z9"L-@;K7[0#?C.G8SD^%3*'^S\E=!C(:';L5J2LA)V@E^G
MHNH(0.7X5?^?:2:+#9K.W'CN3X,P1LZ!"/E`U5KDI"<A6?7'@(*6RI"$+4D$
M,MM\Z(:+.(AG_V?QC")=28(EWJXY.SMP.F!/T6!UUH(5,+<EM#JZHL#:5*'O
M%5PO`KD"HB_;<+&,UMX+V)2VH)T!P2'O0(&-V%\0RBK%F_0"'BCKY$'1/7D7
M%2HZ4+&T=]C=@-B(_1@Q]6U(,H8LYQW$TCFU=&H;H[AS366AYWU#9O/!9CL#
MBG3/E2?[82#I!:S-H6\W3%+1#8(2NBY`J^).OO9]9T!SW<E)L+"S>RL;#00G
M_6SPCB]PO&](4]&1M)F]^<Z`(G/([-S^'[GD=LXR;'93E8J.5%WK,H89D%$U
M,&3?SPU.?-+/A5TUEJKY354J.E(U:-3.@-HVAD-=5C8:*NMGWVNCNK"N4^+R
M&:KH2-KP0VQ!<:`;.91F9R>^ZU_-,9/!1OAN<`48]\QX-D.M(OQ(]J0LA9.R
M4ZUGZG;=1<VML(-;08]6KTO`L&[PD3QA?J2U<$J2PU+?G<-9XF:NFQ?)&CUW
M#DS"F-:/!5R_!#Y7WP5PSIB\O*B;H[O0MW\!``#__P,`4$L#!!0`!@`(````
M(0#42?Y*"`@``%\A```8````>&PO=V]R:W-H965T<R]S:&5E=#(N>&ULC)K=
M;]LV$,#?!^Q_,/R>6*0^'<0I*A7="FS`,.SC6;'E6*AM&9+2M/_]2-Y)Y!VI
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MZJ>#7E(7;[RK/YH*_-&O#LVQ?CV/?W9OOS;MRVE4Y4[U)?ONK#RI?U>75O>`
MVGK]U?S_UA[&TVX=9_=I'L5"INO5<S.,'UM][7JU?QW&[O(O*)G09R,2C<0J
M3)3+>UFD(LW^W\H&(C([^5"/]=-CW[VM5'LHG\.MULTF'F*5PKU>?*]7C4Q%
M-:C5+T^R>-Q\4;G8HTH)*JJ5K0K5J'R-.)I5-LK_'(3:6B`(O<J"V,[7FSA+
M4"E,RG7@E;-`/*BD!3SH554+9P^Q8!Y`);$>G`7B(0EZT*N[M8IJSE(LF0=0
MR4V6\X))*U>JNL56@3A77138GEYESF/F'%02X[S(4RJM0)H9J8A2FQOB/`LZ
MUZO,>4+-EZ""SB.^<U<J;>&)ZSSH6J\RUVQG):A,.XNL>=-7%1$+1TR\:X[;
MV5GI\4]2E2R8(2UE460L`:`"4<@\S:FX(N(B6DC_ED0Q>=>KS#LS7X(*YB"3
M!2M/1>7;U/8.R8)0W'32,`5@EMEPV>Z%\44=9[K<%>IE`50`&3)@K)BE`!W<
M:"$LA*#85)X[C4@CT&RQY9[W"<AQ(TB8AU*`#G2Z3%@;5"C&`-5-?.X#&H!&
M3R``(!()P+8*)GJBED9YGO-1$ZYXR7L8<,(G7,+,EZ@S[2^.>:=1A3A+K0+-
M`.6<F;@XFB=.W7MYTR>V:3$3$_$LD1/K#1OBNSHTHC#\!,!+I77F?L(1A#IN
M\T_(TX<.]_XH*.<X:8R8#COOL1)UH`5MB7'#P#LNI#%\GW;"QUW"@8,Z.`8%
M:]**BG,+"QI'F'?"!UYB+6#M7:*ILQ>35V@#^C06PE:,1"##P#/+K`H<1:@#
M'M39C4=`Y;*PU],(*`SY'$@?BBDK>8DZ6`M>"B*]*RRP:!@::Q9(7AA`/1=,
MSA$"2B)!!Q)R)^/4[AA:DRL(FS(:BT:8C66BLP2RD1@XGE`'R[YUSAH8`MA`
MN5QJ3$D!Z67#!Z5S1\5L@,Y241:D-`\4D7,>?#0ZD$7OH#/E@;=,I9\RU)EB
MRL/6EHI&$$:B!+B12M@!PPA`!SR(P)$$C4P*BV<228$Y9P$X1V*PO8TQ3"S4
MCW'P3.&LT)U2),Y>`(4N_+W'"@DZ#OS=%>J%`L_TU=;>]*0//GZ0+%$'TI8*
MO\-=,";;PH*;1*)NM:$9,\L4?!QL)>I@9T?6`:28B>T-F?H/8,\Y<,<![-D>
MA>JB#L211!8F&`>80+%<BD-#R[+&5,2-0XMI/C*.WQATL)&CC,594;F,EB*A
MU/,B\>F7,=27,>C`EH57&"*ULT+K0LDWS4'L$R_C[$4=R$-6."\(L"!@8Y9;
M8M`(PM2+?>IYC]^H`_O/O=%`,19*..FC`82A%_O0B_F)%'4@`/\9',53ISAW
M4!I`F'BQ3[S,"V#BFWG/X[<`$3N=3/V'61@#YUSB9K:7<28G%FK_*<]/A28@
M/]G67DW]4TK./>C3,;8]A/Y=^HG(.Q;&(#>L)CZ3,`_-,IM_[A-U'/[CRM1H
M2^\<$LK`:9]FF?FTTPK[1!U(I/0ZG8GMI-(]4_;-_H%GBA;S`T_,X%HFH./N
MV5FA7C1V+&%G+T`C==7L)6/$*A/0P3QNG;,K$(7(99)8'M((*-/X:2X)L,W;
M+^A`OM.(E:-"$]C7BW&$R:9N-]X]AMU#2M1!__QIK"+B?.FE0T+!QN\P1DS[
M+N?W.M3!BDCG/196A)SZ$FDK2BL2)ESB$R[V,@$Z&('_!@AMH'SQ#5`29IQ9
MICGPW@"A#M0BB>T6,06`0`Q`I$O#%X9<XD,NMVV-PS]!S$">BRLT`?'))<BF
M%'A\*(R8)H*_:BI1QX&`NT(*GH919Y;9BT6^6]1QO4PG._YN)=4,LJ@Q>W*.
MUT9,]^0=KU$'DL>ZOR)"$5L*T+V&@9?ZP/..UJB#K259*BHB3I>.]BG%W01<
MLTQWG_/C`^J`?_Y(6Q'IUO8]W3V%'(=,ZL/.R2/T-^K`!`7>I5/YXLOTE.)N
MSH-_CLOM000CH!CCCWR5,3T]/JN#Y,*,IV',F656"7ZH0!VH1)PS"E94[+QI
MH;4(0RX%0JE^G&^]W@T>==RI@ZO,"O42)EGJD\Q#*>HL3)N+.6%G@3C/`AAS
MGM^,F*7:CBT4&W6@W9+">3XS\HK(4^F<0F@D8<2IC];\[I[;T<$(0`>^&W+H
MH`$N!-_P/1N^`E^:_J6IFO-Y6.V[UZNJK52OT^=5^(Y>BH=2ZB^@;+U2W]?-
M^F86J*_>M_JE^;WN7]KKL#HW1V4RNL_5!/?P@1Q^&;N;^;3[W(WJ>[?Y\:3^
MD*%1WW"C>Z5\[+IQ^D43>_[3B*?_````__\#`%!+`P04``8`"````"$`S$9C
MTDD$```%#P``&````'AL+W=O<FMS:&5E=',O<VAE970S+GAM;(Q738^;2!"]
MK[3_`7&/H?G&LAT%HMF-M)%6J]WDC'';1@.T!7@\^?=;W86!:K"3.<P,58^J
M5]75C^[-Q_>J--YXTQ:BWIIL99L&KW-Q*.K3UOSOWY</D6FT758?LE+4?&O^
MX*WY<??[;YN;:%[;,^>=`1'J=FN>N^ZRMJPV/_,J:U?BPFOP'$5391T\-B>K
MO30\.ZB7JM)R;#NPJJRH38RP;GXEAC@>BYQ_%OFUXG6'01I>9AWP;\_%I;U'
MJ_)?"5=ES>OU\B$7U05"[(NRZ'ZHH*91Y>LOIUHTV;Z$NM^9E^7WV.IA%KXJ
M\D:TXMBM()R%1.<UQU9L0:3=YE!`!;+M1L./6_,36Z>.:UJ[C6K0MX+?VLG_
M1GL6MS^:XO!747/H-JR37(&]$*\2^N4@3?"R-7O[1:W`WXUQX,?L6G;_B-N?
MO#B=.UAN7[Z2BQ(RP6^C*N0,0.G9N_I[*P[=>6NZP<H/;9<YOFGL>=N]%/)=
MT\BO;2>J[PAB?2@,XO1!7*#9^YV5$_G,#WX>Q4)&JI+/69?M-HVX&3`>D+.]
M9'+8V!HBRQ)<&UJ92^<GZ548,+=@?=N%T<9Z@Y[D/21!"(ST`'$H(ITC7'N`
M6,!C(`,E/B$CO1J9>(BC^"8(B53?9`'IQ$`R0:E/,DGOUH1WAYJBD3%F0DBH
M>A+XMD8D)>[(\0:>A(7WE(7T:BS8$`=9("10+)S`U3M/W?[X-F$!(SCIQ7WI
MI57+KH5/$((]&&,K9NFRC^0-%O-*JY;7U:I&"%;-;/RAD/0IA+`(%UE(J\9B
M7$/L/4(\U7MM.M)E'\DK/P+CQKMW75JUO#XM+4'(<MYE'\D;+^:55BUOH.5%
MR/)J+_M(7@;RNE"P,FN90RUSC\$%]_H%UUO^$Q#E0E7OWGR&2D7V_4SN$--O
MN8BYOA-&VL9(^T`]*`PCYGB/-(])B1H'8:;`J&"$DR8VB0JQ-7$DM.:EQ.F/
M0TP;0O5P:,A<"&.M[PE##-8:Q9X=1]&,`\'X\H/EC>-%F5!-')C,Q=`?(^"&
M9(CQ1O6?6F@6JGFSIB^(WZQNQ&#=ONUJ;%(X",@M=?<'CSI/57#&9"Z'L2:U
M"4,,+K_G:>Z4NJ-13&E'J`[.>,P%,=:F/F&(P8J9'6ACFE*_8S]BLJR,;"Z-
M\1BAGX"I_C'-F_81L$]L;!/M`]7'61_F0AF/*]NS0$R?)YYMAJG[81<<*I<Z
M#^6FLAGJZ]%C)OMA:B%5.U009]D6A%'?#RK$780T9TJ<;+)7*(OG4N@L2.&X
MBMC['H,SN'`BTOR/CD1P:W@FRLI-NQ_KG^D>@]]+Q_;T,:!^=Z)FV!.\=>!9
MO>+-B:>\+%LC%]<:3J4.'#L&*]YV$K9.'*E]FCV5MR!IMP8'W$TNV8E_S9I3
M4;=&R8\0TEZ%(%D-7F/PH1,7=>#>BPYN)>K?,UPW.9RL[16`CT)T]P>98+C`
M[OX'``#__P,`4$L#!!0`!@`(````(0"\8()HS+\!`)Y4!@`4````>&PO<VAA
M<F5D4W1R:6YG<RYX;6RTG=MN7$>RIN\'F'=8,(09"4/2(G6P9;NU05-2-]N2
M+8B4&XV-N5BL6B2K7:QBUT$R&_NB'V)N-C`;Z&?I1^DGF>^/R-,Z5)&R/4`?
MJ*JU,B,C(_XX9M8W__;SU;3ZT"R6D_GL=Y_M[SW\K&IFH_EX,KOXW6?O3U_M
M?OE9M5S5LW$]G<^:WWUVTRP_^[?G__V_?;-<KBK>G2U_]]GE:G7]U>>?+T>7
MS56]W)M?-S.^.9\OKNH5_UQ<?+Z\7C3U>'G9-*NKZ><'#Q\^_?RJGLP^JT;S
M]6S%O(\>/WOR6;6>3?ZZ;H[\LX-G#Q]^]OR;Y>3Y-ZOG+^:C]54S6U504KV<
MK2:KF^IXYE-`>77__<F+ZMZ#;SY?/?_F<[WBK^T?5&_FL]7EDG?&S;C[]8MF
MM%<]VM^I#A[N/^Y^^:HYVZL.GMJ73[I?_G$]X\V'PV\F8N,?&XC^]\.SY6I1
MCU;_NSM\?+$ZO;ENNE_N/]S]KOO9(<P9&X->3>N+[K=IN+?-8C(7`\?5BWK5
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MQI?<F_C[>7>>H_EL.9].QL:G;^MI/1LU<`'(6&Y2[^-9]68RG0(`RQW`8]HL
ME]5\==DL/DZ63;6\;D:3\\EVM7_4)>-PN63&[J=']?+2L&>D/YJ_KB<?ZFDS
MZS_X=M%<3=97RVK1C!H>.IOVQ-1GJ"Z;Z;@"P:HE(W7G^[Y95>/FO$$@Q]6J
M_KFJ15;WJ>/9AV:YDMHO;;C=U7P7S%TO@,>=J@8MK[17?V.,T1R\OG]>3Q85
ME*^;ZM[!SM-'![8F_?ED_T%W]-/Y"FVQB7O\>#VISR;3R6K2++_JOO=Z/KO8
M736+*U9PUJ/Y!1#TH5Y-/C35-`_2&R-_M9U13N26D:15D\`CX?`(>X#T8N2@
MO;I_TC35]_-54QWT&?#/?_SS'UW"7K+UJYO>FMGVL%E+5]]KD#,P>K^Z!B.6
MTN>OJWJ]NIPO;$OLD^7N[O[#G8</[;]?5Q,I[MAV99XU?W=WAEIW20EX\>D3
M/O;9-&N:,1)S\.7^SJ,G!SM??.FR<?#%%SM?[A_L/'[TL#O_X7B,`,QG",EU
M/1GO3F;5J+Z>(#3=)]\U*ZP]Z\*>S&!^3YR`R/75>FJJ;PK,-EWA,UPVLZ4D
M98)+<M54]Z?SY?+!3C5#.^;GIA?\W[TO7(J?]$SX*5['<@T&!1ZA$=*#W=TO
MG^T\?OALY\LO_=4OG^P\>7JP\^3Q4]^F'GTN9<:CR_ETC+OT/PT$\$(@P.W.
M;+3777='*O3L<GVVG(PG`D9)(_LJ@5S,03$,XF2&WJ#2W8%\?L'.JF=D>AI@
M`P\_^SWVY<=Z@7)-&^R@3Q;]J7]_TUR=-8N>,_)J\G,S3KA2+9N1`$;:8Q!6
M+ZOZ0SV9:LQ=\&Q7>&;H4Z#-_0X2W7NR\_#1T[!O.P^?/GX`.6TP`WE^R<`/
M?=#]1T][@%;.,*H7"TR#0#*3V65[^<+UM!E?Z(4E,C25J.)+W+K,QX_WG9['
M7S[JT7,"$JP<*2>_S>+W8>6SP("=@X?]*7^0=43,,JOOHUO3]9C=+#]ML45R
M>V__41BWCY,N@<7K73Z^B.!8CQ#AI:&&:6)/T8YGZ*M9?JFZC.B<X&3(BJ8Q
M`S9@)!N\`*"A.[NO>=B.O9\)DMA6P$9VFQD_-+-U#VM?BQHIK)%5C_^R=KM;
M-3\3[>!LH+7-`JYV)S].K*[JBT73F+'N/O2F&3.W2\(,8X1=2KMR/IG!CPD@
M.YGA^UH4A`@.B:_OT[,`AYNW?XNUW`@.;Q>3*X'6M\VL.9]`#W]O`@PY2]TE
MOI[7L](IVJYX>AJ67J\7H\L:[H+^T8AW!TX41^PD?K7P\-<R\F#GX>/(2DQB
M'T[>UC>&H_+A<)Q97J1WW"5RJV_[%L>`&+5938BY'MS)UVU^'C77*[QC7JWP
MF.M/<7]_(9ZW7,GN`K.8#WFBFQ'V[4:_J3M#[\F>)W7K&^Y<W?I8X7AUG]W@
M<FU_[%9"VZ,&%]`=LN[(G^@H&2AVQ^AZ1<,SE3NZR?9M%8E?8MVV#MBS73M;
M3'</4GGX[DC:9=EVD/E50[>@X820VDU$]<-Y]0-Q`Y$2T>TF4"@36`==HM$8
M#T7=Q`W%+.7WU?W@5H\:4F71(!)0R_@?[/`_T;5ZW/-DCBYK0BHL5+$C>A&3
MM58$B\<<@KY^N/A^AI<^M8CH@BB!M<K&-LL'%<[JP`#=92I4'MU]_J'7^_,.
MRTK;*Y([`/8WDXL9;H"3T!T]:Y%Y#ECV1>-ASFKNJ8K=%;1C^J](J\BH3JX(
MIA;F)O1V3$N=9(?"^?0I(W;)TX#]Q3<_*T+&4;NTC"+[.!3(NSI*9C;L7W<R
M=Q.#@]5SE%ZZ(]67#[E>\&W`^>I.$`.:[N<A>@H3=+\]+F/+ZJS1EL)E"S@'
M\?/M8OX!)U99YS/SAE8/+(^S[1W?.1O3@]@N%;T'+&G`"TH)&D)OD(9B3'OE
MK%Z2R2M?O-M4X\ETK0SEMC?_A*Q?ZJ%:3CD*/ULK8I2FEZ^!&3EWT2/[6Q'8
MI>G?]WMAYPLGJ/OD"56&\9I@+".4XUOWP7?-^7IF:>;K-A!V'W36QX@H;'WW
MH5=-D$'T_>ILO5@.>_+O-D"9I'=NL1=IO-4T8/S=`.Y784AW'::U6S`'91[-
M+V8&Q\!Y_2F)F>Y<AV[.S81)1E)"\]8P,%B^?LX;9?5@]3$FZ8NGSW:JIP?D
M<9YY*N')PZ<[7^P_UESDW_"G)]=,3EZER%D`MZOJ"M1B-_A\\6%"FID<C.>R
M#&8^DH.IFNGD8J(T"4#MN5S$?:Z2TWE#CDO?C"<?)F/J+LC[(OVC3`X;+&B>
M&T1T26`BPXK-MCQ+*CQ9$<FC:^I06%IB25+72I%.;WHYI3OZ"W<+*H[:IGY8
MD>Z4-*K^@T1_C%1_OZY5I"&U>ISB^9/FPJS)QJ"Q3/\G/TANT%$K%1CA6F9A
M8["4WT<4MKS?E=BMOD@_RU7(U5?5YFK>YE%)Q2TEGV,R:OR?1`6?CQ)=ES`S
M8=T/WS6C*6D-:APCU[&<EUB:Z-TWV_X@NAX8*"G/&(BS%&HP6,,&Z;"7TRM6
M6WV<K"YO]U^V\.16'!)BKC>ZAG=FW*O@H)&S),H>W50J'RYQP;#?V_9LVWL=
MEZF[+>YN.-IC%K$^@VGL[FMM,=VZ-\,88+IBCO`2O?/D0,I6>]UB4QS!X[F0
MUDLN="E5K?U^O]CND+,Y*U24-S<^5-04WE)3T#J.O*:P\9547'@9B@L;GRR#
M9Y._;="P<904/ENA=N-C;U-FX].>`_!.<HW@$"T`?[%/J480O=R-,\?:*9EJ
MT`]K5T:)^]W-C$^3<91'55:Q0C'D@7+>GS@2<F^.JXIAGSC,B9):N[BQ`)74
MA_2J:6N_[/-U=>^Q)Z5[L>^F0918C?1T.7&4@DCL?,GQE%G4NVEONJ]'1@XR
MJT=@?/J3V;YUI+NSO3=,$FL+-HBWE*HG=N\N<]-SVS@;%SO(FD?=&>+3G\R:
MK2/=G34;AQDD__%O1O[6D>Y.?F^87V$M[NA%#KIN]*[@>ZE=@K:2CQM36/;$
MN3UQOIA?572/*>F%-T1C%`[V8(L!X&JI*S)OPW%9%5SVGO@6P50PL9N>?+E8
MS'':+7*[(BEK>3C+1UE]BM=4FE(9=-,(YOR"8CG[96'RFB2?#::A0PY'!?2N
M(&5_^B+YT^'Q^&:5/;Y8B:(*,3`6.8M1TQ"I&(\+VC42(6UTT[LTI$#,^$"2
M:CJ_P:V/2:Q0_1J>,QDJ$930.X$I"`O_E$T@PKK&_U6TUFL=."X2,=5]C?1@
M([\5R%M_SK4R-')T[Z^Q(@^J,\KT`V+576Q7%#W5=ILHAAJ5F\B^TYSS=<ON
M?"<4RG_!:]2=QG1[N6B&=A^)H4ST)\W_MB2]H'-[;<ZHWD'*-E+Q6PUU/];3
ME`NF=6*P7#Y8\KV=1K4NE.U215YU>)^VKMB=_6+=W:UNL=J+A8X:0Z7M+1M\
MVZL9ZY6?A&D?8K='TCLKCTI>T#C"08FW*<TF@X_WF/#]UD&[Z[[/6BR7_0`5
MCQ"D;$DJ"!!5IH18]^VCU&A1W5_-R;+*0"P_UM?@Z%K=*\KR]!IB8L!@X$1:
MAPI$;TNW085O8UOM>Y3)KA56*]0+;K-:D0-:1Y:6+9T!E-T=%[.^L:F_XM6K
M;JM!=V7#,VX0HQM28K0K],=H+92>-C.9F\5QTSA!>"R94>3PZ!-5<@`A*ECG
MB;H(&3V2RJ$6U-KQ(-`$J<A0<:.EKZM6&UEWY-O#!MG8A&4//L>IQI#*!3!4
M2P%%-_SJ3O2.QK#%9"2+:?UL5?VQ7F#2MRC0-C$?$MGNE"_/STE$BLQ8X*K4
MQQSJ;9@<M?S=L3/6T^PC\9).OG'C?SU`F.\^AEEHL=-F58];:,.M=JG<7$QF
MZBX4N4JX=A?SKILNP^_PKJ#M+:;;)B6ENV4ZPDB:9,W;TU,S_!/4.7<R2F3U
MH:WFCD[+MJ15$L5M#Y$%6:C'-!D$+/F0%8K/11^OS\Y0M>UD&;4];@\+P;QC
M+;?(E'9&O5NI1#+6?S%(>J>%ZM.+N9XSTH:EBF=[LBZ+!GK49`:[U</N:_=_
MKSIX2MNR]+M59)/#S1L;`!N[/^@P^=*2D]RER%.:.=A81LEMB7/WK6_7)+?5
MD_^"IKKI_-H<`0LDWDV6/[G_^IXN_X6Z@Q7G=0<X9=W5MU/ED#9GU[]7]_;^
M5]6OGNUD?:46MPX1.N3TU?*Z'G'XZ3IT^7WV/+7\[L")B\8J>Y83G]"*G_TE
M077$=V/]??6.QMK.3O6OO_]?C?2OO_^72DA*__/)$4FO>G;#A[B]%K;(N9\U
M@A`],M6I$KKYLUCG^#`%<M598+XY>O;>9#:F:Y$6`VGH1Y(9M0NCS"A#&Q16
M5_6,PJZ91CU6CQ%63K9@9*Q2MMSS;F=_C'!2W=E);'C*BCS+KZK]!]7[V42V
MRFHQA/^L[/W>R9XMZ]K/F_@*5&T/79]?5P<R"'AV,T--5%94J.]Q)#^.A@LK
M,K5>>?0`CB_4/K&BP9Y.XA[1M-TSRA,]!P\FJ[WJ%#XF/O_GLA)EM._9*9C>
M%(F7M.?#,C5"3J8QI(2FU>5BOKZXY$R2C#HTQ^,T@=9<#CL*=,KVBR1)2RD@
MQJ4XC#BU8X]\&D?N2FZ0X=AP>R?:[!T]:?M(^W-8Q-V$)U,F\0NRG?EWM%Y]
M5%]U]0?\.PPY4/7Z]5&:H\>H^+P8M8>X=<[_(.\JC+%!0;?8_940Q:R3'1%:
MR(5`J55S)?--@0AUP2@'O41$?*65^BSY?#/+AG"@)'C'WWW_'26-R/'7$YI:
M(4^J82.__\ZT0TRU?[]I?IZ,YM7)WN$>7FIUM/=C4+]C#AL87P)X2G][LE1/
ME_.@SU5ZSI`J8D.18H-^5`)6K*?(),-]O)R,./+$NNG#I4\=.O'4]-`H*IM3
MX"J55'^OZ@#H\Q>YN(D/S^/57\EG:9^91B<O?>Z@CA32E_CW'S2?8ZDT-@Z_
M5Q6CG<_7"\J06T<;65)?,D;YGC.#B5-]2#%9;F%/PJ4^Q$D:/DTM]ZI#;<@X
M<^,N]!.C()?FK>&M@AJQB5P$+#GZ5T4MT`=U1A/PZ=Q@[MMZ]I/^_K[Y6/UY
MOOBI>L-;X$^A[\)#H,U*H\JZSF<[8?^EIXT%`0+Z/]8S=NZF\A.S3W:JRQH3
M45W/U=+/]V?K%?UKI*2([H%!M;(I>G"Q*>$VFRY_-\!A(7[!II!YV*L\"M$$
M00+OP+A__1U4QUY_F,S72\`Z";$AU>>Q!?Y&)G",<5$8Y0T*$=*RF*=O4`8W
M?*P:,2[&=/N<<HSQC51/T][`X);VA(?VJG?"'FT?..#>S$'ASIP$FPHT6!Q\
M+J'G^4EQ_+D^H^/*AB^YW+?+O6Z20:>IJ\#1(%7O,'#`LBU>XI3>_N%:$,'Q
M[0$O;MB!BF/:/OE90FKS\^HC1XO05`;/(`6K1RH$\D7N.^B[/\K6(\7F'K'C
MXX;2(>TY20"ST.%/-+,+H,,K#2R(]/Z%CH%`0:1,6>.K^B_8#G\*U?-#@RBR
M(>1`(T]Z5WHC?V1<'1[^+Z<:W?2V(;9J.I__I/&_T\&OZEMAHO.V.M0D'-X\
M/-S=_!HN%0?R%^-__N-_U%?77U=OY_.%,?)5:L$Y"?Z:65`9F!-[]*T[%9+>
MPT=Q@EESP<;*D<N4O9G/Q[B@*-&Q-9R*N6','3["_)C5BD^Y"=XH.,NFP=^'
MN:Q.Y1TZKU3E]>Z$<$XR>E'U-2J)EZ6G:(_Y*=0X8"4?CI"_KZO+^4<BBL5.
MY5T=]'/5BY\(RV1<['"1BZBKFP3'X8DCQ6/.M5]+BV\X?8KU3;MM2VV)W;R4
M:1-YV:-T[%6K$4&-?67)*)==H]GDM%Z!J-;'!53@OH)E__Q'J>P;PB!I^AD!
MTT?3]UH6D2/XUG$*CB>]T$2M?N(H?;86LUUB&HIYSKGJ>4_WLR]7B1!@2$`(
M^'?CL&$-#H:X;\#E9DTX0V7:=*[;`Z()B,$/<,]"U&="<.AW0Q@7K]<K"O]$
M>YT"E3:2S9I(3/W=3+LM]I*^5!>6;++)6\SQM.3<L4_!9X]"!IY<I3H<M.37
MKN&5C@8G3\,7F"<4%O$NR[OWQ=Y^Q3%H'4#7@BX6.B5&3EJU.)N[G%H0QI8I
M057$,QJL6=CY+G5+7@`RQ@*&+Q*>TK6C-]^>2,W8T?F4115)X`ON4RC],O%9
M1C@D:)3@K.;$-LX_C\6.7ORP=#!87M6`4!*K..W?C-E,5)"HO$=%["G=-)K>
MO322-)CMH%G7#0LX#/3KX9*[CX)O;,YVP=V#AWL/;V,O^8=0PV`S'J>GA6_W
M'N\=I`_2GIEB1I>(6S/0X-HH/YFSZRSK]X90.L&*Z*0VS-LW4MNS<6NT9#"=
M)_RO\\F"8\C32:-3;IP'QDK)8;I%`MX%"<#ODKS?3'2#0'93?.BC=R]M$EM4
M(6A9PN,&MV6<OM-!&=]_5/#U%PIYR9M(WX``=[FD722&DO8VE19?>JB(4$&O
M`/VJ_DF>P\4<7DH]<_I1Q1-//@':1>D(-1>;/L?&J^O_`I<>B%^HR5WP+K7@
MJZ42MFC3%<;5\.<Z]I-_I+&/5Z+,JJ068[N(`)!Y"GJ-)SC1%E^"[*N/#>\)
MU,[3?0SF4>BCHYC]P?2.$<_^70EF%?1H$NJ(6;;G^J:^($Q`V_4,F2*V+3_O
M:\!1PCE5*@I.X5:3+[>3^?WP[0^2,MHA*Q55JZ-6QVG74CP_7-#VQ>TE*=AX
M52L%WBO2#9N4X\"5H;@.E"C84YF7H"!10C*1XVE[3C""E=?F66RD[>R1=!Y(
MTJL[%8",#6=H8A[.FGI(3.-U\"F80=.F=Y`3N[##G,!:VDO`[*2E9^3\Q<Y<
M41@.RL=7]0$[TG,?;2E8FT?V!T*V5/!'JHY>6W8($W!H=Y.TJQ5R%C`_!6_,
M(F*$B:+#;2IGX385NX#)@?K*;D80=8@Z"\3;\(#<@FY.%]_(4/D-%E*/)*B5
M95E,K`*76]DT"H*,Q6$PW.9XDD""S'(P<J8^H:`0J<YLN^1RG&V,*XW&X\2M
MMEQHTL68=>5S5*I6*6,JIM][A"/A!EN"<^_@6?QW%^\#3S=+CP#"SH$;_W0@
MVUC&10=K8@Z^%2>QE;@>VD7C8/!3G:V)D>892UZ=D_TG+0I/(WEK)/0AZ.2X
M4IB#E"S&NU82-_6H)\LZ##G`##ODT((`B8'+\R`8;4^1QHC7U3'WF2.U`V63
M]IFSNXBP^1R.X6QCF1U05F4GIE7ZWN@575I(`WMQR15D(5<4^J"VPX,V&&FW
M1M0DI"ABK`UGE.N#IF$EA*;D3`R5.R'2,`X>HJ-A*R)V;\[[N/R;X^6J'7,;
MLFXE";;COQ27T-\[PY%D@'U_O>D.G[OL=PNR3-=_4\3J;,/S@*RBO"3;;)]P
MV_:3@/V-)00VW?=U*DN![SW_*/#T:']I527.4\7T#P<]9P"[[<V&7;-[5>YL
M+GHG[!`?]KVT+]WE8F@##/8L^+WNL[O=#UX-F_3(0Z9N&9_-E<@>X:',.&#E
MNC04F]3Y:EBC'(-*S>B\]KP84=S[I4OX<;C?:D.#BR^X)*NU]5T:-^0+.H\-
M<T"R6?J6938,`^70ZN$4A]^"L7%`04K7WK`B&<9AJ+TMQ`U&*`ZXW2ND>J>\
MWTO6U2Y6\1&#"Q"<8]).N+*6FH]U"J7C[%P3IM3S'%+-=5DL9HO6BG]J>CQ+
M]T>F5WE?/BTM<'\IJ'4Y!)F:-3%8M(",XDZ[=YUIK27[$H?VJC^9WU(\H.3-
MA.42#UA.RK(A9N0O.3A+2'.N&U3``(B_UGU9AF]3[K[D9BBNE&+J*ZZ]\_C#
M"SMBF+GJ11A/!(4E5%UXH<B1HV.D'^S((@50KJBR?)X8NZP,^AGV3!;>LP*\
M#09E*8B)>/.#8A$HVUDCT?I4K.LM5_YRR,-4U_4,JX,#JESG:KU2Y3BL47D$
M[1<DQ`(!3K9V-5"K?YE<->,8,Z6TEV?#%/62Q+B$;G'[+C)BXNH3&^_K-'DH
M:T0OM-S;S)3"ZQ"E*4<R/_L+VT'*5"%?=;XFN1=/[B'3'7U\;IY3IR;\QC.6
M1RECV7EI6(FW9_@$6CGS1C$"$T*_)%[W$O^%S5#5NC;?"^&JE&D;DVH5W,6,
M>&,-5&,)#<=G*Y7KYE?\86E,9#-+.P&DLN@*3PB3/:\[9?PS/Q)OE[.U=-XZ
M]=T5MWL3`!EY%);WH')@W=]$;=YF$,I/EJK@@CX+'.II*[%YIJQYRFX2R`E"
M/#6EO:)K!,6Z4(_^S,%-GQ+&4V"06)HB*:L=!V<G+5V(ANANVM!?F&7!!8`[
MP.Q62S%LR5YC2>MP#QXZP7&$CV(GXHGZ]4DP&3PGS'$.D.A>28[PY2V!7!U=
MUM>06#T+@W1Z*)2W6JRO5QQC/)J3\4/Q;438F(N$SH*L?TRBUG\\$@M':/7B
M8@<(``X`=NY3K:XB^XFB7:*MRF4^3&AM0)@XE6KHOE3J'3_'KXB-?+`"HBL:
M+K./KO`D]/O!3TY_UX8KN%'+-;5E;;Y-&$*MD*0)2^>BR@+K'"'])@A6G>,9
M2&('2+TV&+%%<2%!@<<ML2F*G,'\!-4'0TDCQ",?-7T<-\%I8RLI<*Y-"-V,
M6`>!*0TRC`VB0BLT'7$\@]2!@Z,(L,O+4`^Z#@3W$B'JOQX&FYB@1<Y!5:Z2
M>>M!R#`:%/FO=V@JVQ(26DBE1'E,82@D_WN8=`IU(50UO:`8XIV3B(NP3:O"
MDW7I#.%2.V'OS=A"B+%G,BU#9X,Q=C>5KPY#MZ1'QBP..5+G;Z@IC=;A-L'[
M[T\.'ZA>M5.]>/W'ZDU(A\<#H%YV<MZ><*$NE>6\/"]-:0G'5IN*M.L(O;59
MM6:UG'6B%!UT&)+;-ZTG7-YJ:\OL-0%R6-`4#A3<9ADK#-8F4>S>*R_1>F36
M?Z\`+>["0(]M.L>,-&:TEV.2TNB>%<U$LOLG,CL1=X"YTA3JB)">`DE19KUB
MBTHY4/*F"+?W>-G"DF^1/1![*_@F&)$&PR]G`<W+3(DM`LEGC"Y*=^LEE+;"
MUAX896V)4N[&A5A.B"4G620M.JBV5D1:,/3G`!5QJRP'.UXW>W0-A:H@;E$F
M4[LDQ;#6'GD0H(2NW+'/7<ZUYXD]`E7319-80!+V6^;7G<R\FVFG-)Q:0J_%
M=+1<;3\4:,VRR7<5TA9HU,JS*V\-*%J.".-I:"[Q2AYB:]G1OFO$S(*X$8Z^
MV1]..=@3J]>\:)0:DBD4PK[J5XI5T/G^SR<O7GF927/05&"<-#RQ'GX5:22,
MV*P=6$BBQRYH941[\/UWRNOSJO(7EUXL#7#')7GFX?H_LU5JIP_'<Z1E-E]%
M']J9>_?1M+;-)*OF[DNL/IHWZD[A#(M4!!S*7_IEC%DC<B]+&'VT)TEA>]@^
MT\;6\OAJ":32BT#Q,=K?1-O[[_;`/[57E=\6;FKTD*-O+,]NB2*X%'?UT#70
MS76[4@$S(EBYC8I6V$[1Q$*@[[>$2^5JUW-O_X(DN182'&FQI%4IBT6LN,=C
MVH::(1$5;SL/1=%>\3'<;\=.X.Y;>WR`J4@IWQB/K1[H@QJFL1BC<4Y59NLF
M=\6/S>`_4?KF]`T(W]8SE0K4]*%D]K);'A\VN>^ZK3I/OZI>"W`UHOUQF.\&
M?>DW3E%8=S!6WDM[U^_<R>LU1.Y#>(;&._H&44\;\EDQKNR$&"1LQ,@R3V3M
M>+86U2$"[]/[.42,TF$5;7+V\0R(\]AD!#E*IQ%MU2%$"/N@.)>S.@RI`CUD
M%`AI/""-;T"#[Q4:LY0%O_?XV9<Q=65TWGOT9$,*OU4MX/JZ@X.'Z4T-Q1E6
MS^TB+EFGW0\7,?89)?WUM=&C2]C5M"(UR\G8^WH2W#SEVY?+T8*>#<Y-2&N2
MCY'BB['.G\@KDZSH)"OJ/PY7"(D#+0HA2AYEM`T\3[!%H2E3>H*9,4BP8D-O
M%R7DI8O`Z)ESF]<?79&JOZ(8^R427%9[XB'OG$,.+!1?5^Q24IZ_@28WA/VA
MXV88:R)/M$6Z0[^A2I?F-`A0=TG.IV20EK4E)!/HZ3HOL1JT6NE.'?2.H&9$
M)3;[4XB_-]TKI:$=R#,;&\K^7?D$UN^I^,OW4&7C&K1#^\/"8CK'RSR\P'_(
MB>@:!4^W9%*C+K&>D!5I:$1D8'E`%0X!#DT_L>2NFM(?>!R9)T4(CJ=4>`^F
MF!#G.0`N%T2D>H`L<=0744&SYLWLR'BBR+TXNI$XAD:K)P`?'#N]730;%B<>
M@JR'ZGM6K@$1X+"4NUBI6'^&/TA,KUN`-*6<-8,DHL\1PDTFB6*CDI-<Z6/O
MPA2++)?!4]S*%P0E*PC:H@K=5'F<:'\LDA#S[(`JN%7T?ED6E&>MQWK0<(6-
MS0Y"""T(5VWCS+IU$?FD\$("CDB!WH:>I.[CW^OH"[VBG_B:;N`SZ'\+=:"*
M>63=L4\!-GD=J8B<,R&68?"<BOE/9VIGN,8!-G139`($+L:V*=X(YY"HI=#,
MH0.M.OB><T;2(M,JWA6@OF^='$$Q8Z..7-3?'QZ^%;BZW^C3!A?SO,AG%D0R
M*BL1`LCJ&$4:!'CQ[G_\FA@029.MCR3E=TV")62?G@&W5TNQD::IF0_[CJ#9
M%LBC@2_L0K*:/-1Z"7R')V,%0<%.#FV%.S5Z,K<E6RG:IFEEXH0BN)-`@>-S
M?LEV2.$F*=C#=C[<<:J=$L=XYU*!=T3DWX0HO1S7Y-(C,.RTA'LL'`1M-WQ6
MP$7"P!T0K("7](L]0?4\QP_$PZ]6'3LCD2M?S[5[?H0'6TM.`X.R%#-7:'`!
MBGD"<852N[X/:S<L7HA,$*]D!^RR,>Q.H5\FKO`KS\#9%(-0-=$#9#G"6-D/
MK\0M4YCE^\46RYSA+Q7R@?,4?EPDW/4E.B78B+J<334QQ>Q=H(<$>U?;CY*F
M0U+WR],[04',`TB:!`#X0"9ZR4RY"?P(F=.;72ZP@,,M"ZN-M)8K1J"%,F8'
MV05W-S5PS-59IX[8GJ[%RCIA9AI902!9N_T+.W+-D3I2WO:S0NZNEYE`C[P-
MR*C=>+P?RA!QRBB8Z`TY!Z.1\LY=")$@*>&@%4$#^Z+VOZI1&P@R`"K&`?-3
M`'1=?:"5C6_C@N((VM5-!SQOK"_SQV/KR^QM\X]#`UK2$(7J<_S^Y,$__R&V
MNT0&J2H:3Y7W4(8#:@NO`X5H3'^+5?.9[Y!7Y4(]05,7+2PJ3R`$]R=QWC!C
MD&S?)-&3,\-2N?IL.5^<D6Y'.U`./9!Z^%`WN9"H'9DVK^]1K`F7I[2>--C'
M1[>K?>%^.E+A^V;.;B9[K]K*2R0S6TYVM]6@%83&#A=((CK;W-^UXY?04^Z0
M^7]3=4J7];]@'51C@5!@7#4<T\%-HN0V-!,;8O:Z0H"TJ<%"`H6<#TT2[#+?
MK^O?-^>+T$J/.@(AJN9O9IF1I^4UHO"C%A"*LNKC=(Q5_U`S/8E9RT'-PVT)
MDON85LDB\,"$QEC2IPD"HOK@<4@24-KZ%N20PDHVX`(@<NO#=M#(4G^VT\XH
MLB9L0&-[?4:]H+I?!V6ZME8[Y'9,8$`66S-EP9*-=_[;BJ[4OUDDIU"18"CT
M6B&:2L1;J:X,=DR;SL*\F6,]I8F!4$]M0C7/A"AP!'I1>W<'KF/NW`I_)9W1
M%!H+3YW4R!+SP#3:=OS>J7ZR7[5#H/0P["2NB@5&^P42+$HAHW`T2[*'$FGV
M".+%`X@IYH$G!$'!Q"`;C+AAMH&#6H^_JE+#Q[$5X=BME\%RQ71/D:<O?*)V
MVM/J&1A$H=GU-=P4#4739=``?0W1V=:Y0V`*D#\LO`-)TRAX.\7:Q[YN*YW!
M@=VSFUW^#_-(8-"#G^-TXWRW66@X1W8*Z8G?T9N"R;@#&0;@/O_YT/W=*+->
MAYZ!IA^7UN/6)4WR__]P^D;NO_D]F/`Q%A(E?772'MP<1!)(BM6#-K?6W^HO
M@Y)5R6T3T-[ELU*F:&-T"804E;WB`(%=!AVOSL0/4M2Z\M\C:GFFN$5W_YDS
M9\4/1\>626(-RCZ%(U/68N$0JS!6R0Z/QX9_%TBV(T4%MW*CPPPM&Y-"C&**
M4@BEOHGM).%.W,RC5-2R=ND0N8"'^?2!F;06?V(3NF2#8-)8K*($S&YWC*KH
MF^6=^#O],%)[(T4.3G#K)QIT<OV./"MB`8%0^-528PCV7:5S9,#L6[$JZ^""
MR1(^.W@5TC7:!(-Y;RY7Q.G!B[[`$5;55?I_+J,+L--MX@W%K$'-P2;GM_RH
MBJN!==\&H-CTTVT>E[-]ZG60DYE/^:K@)4(H0A`?XI^P2.M5!O@YYT3#D>*A
MUKF@:P[589RAE")Z$WOGB[VF.G?ZYM=J*.%:\6N6Y'=UKJG@O!C9WK+NI!^'
M/#%!;3R!JB7(7X#]<$!^IV>42N`J6%,J'^^9XIM)"A$K4B.95D>3'?)4\.^!
MD2:ZAOO\[A?H(]%(B]/%'7X7>-X3/^O#M?67_'RO)^2@.N^>[1G[I+64'&&6
M4O&#,N75!*)-)U[A*XF(+6?0XA$T4<]I)MJN/VU!'(/DC%PX5:5;^%F.S&HX
MJ.9*KL$=9T6[A]"VL`V':#+G[%2"-]=K$&.&#JV$$MRR5SMY;GVANZ<(]NXI
MEW+Y3[`<6\[6`16@R?A:="L,Q<C!Z%FDT#(V12Z*/2J:Z@+ZN;5?*UI-4W/C
M'7LYL&1<8.^9\..YG=6;"7=_(!W9>""X[,*4>7&:(IIJ$_LQ8!7.SB`-7B-%
M)O1;K3\)MPP"9E:>97,L?69.BP`*MUY8:XOQ1#4`AX<K<340T6Q#Y.[9\2)A
MEW9-.CM(;)&E4P2BE$G25)M?;Z?62UN?^W.#"_!$<>X^L5SQP,K.4"C!`.XG
M'($Y<44X(+/@J(7:JH06%S0T>`>35VYI@(;\\QK1X&4.9.6-R:\(T(7AM8EZ
M@QWB*Z1K5F_S3'I>WFD6!1/@<CLR4992RNF8@B;(R4:BL\O"-Z7KFH](A`X(
M6<U$UB2<QX"/6$QE^8S%*=62$R.AQ\J`@808MA=MMJ:SF$9!QD,*:EE9P,78
MG#PCP4+0)]'@W_+,_0/I)ZTWWLG`4,>D:)0^,.S%3""KBC95L^,.*U'GN&)<
MGY*+-;$GD/1N)NV(;UA4ISB!+I9``6J\=JP_[64$+>G0JB[,D,S9670?,H6)
M5S5RLN+W&HQX4K66+HQ2%0C;X3>(".\"%>'&F]##YJD;'+0E:[6-DP*F%V.P
M'LL^4B9%XG[#'[(>!@WGLW6.QB`1P^]K%D$8*MU%:P>0M3+RY`V_``O"JWN[
M]!M;H_%H!.CLQL$QNNA""D*D^FC^Z/T1RU0*+R4),)M<%*-#93`NN#,1&=UH
MRV>[5(Y:Y4B[#]AR;S,*$^HZ32.Q(;&&).VU'N:]ZBCO;.@5L@UP3NHHKU:@
M(ZMNODUXH,2M=[2+?)":IC&N8Y*+LXN\^(`ET?O`.'0T1QE<?`D9)J7_BS/<
M"&)10&G/WML&7XKU-"+C/=T_HGZ_XW=UOP33D70<(-:E!9*M96KDMVOQ])(]
M8@N4+8CO!37TE:.6*#J%.RZ]U("<5]-U,4$"XK]\`\_H;R6[:K\M0BJ"(@!G
MHMT+5::PY8<^>TA)Y*:_EL/B)V:/U-C1H?L.,:LWOMF1':?XG&YZ?'>66/YV
MK8PAN22PS1,Y@!@]!1$:),"HV`A(.5]/6V^S#MTTP=92TV\^LL@L@+'%G)"V
M-Y^FLEX5F:%P72\[4+R-"ED/3TAGH,[J3DKD655;2T)XH(M-EAXPF&E;H02Q
M$ZA(D=M6NT,@Q,HE$W9;Y0Y,KV<M(@"JK*%Q$TWE8!IB3C2L%X>6FD0(?8P_
M`*']QT>S&\@ME1!NB0K-TTH8FG+%?$?`)^(L_>Z+VL]I$@?^A0?^8[\6H[L,
MAQR)-_9:G3J,5U1?H'4]\H7R?\(^X")<#2]05]B/N(?1<07LUY7,9?`2\0)#
M,["MNA8J+;@[L")A6D4ZS,4>P=>9M^<&]%.-4D1%$?((W%>443:@'C9B@);D
M/O365S9C%%+.+V7L8D7C*75?)C%WZB[,(%MLOT-F_CDP)#+C7HINO&H%9X(T
M2YCBU(G'THD88O59&Q]G#R)I!;4]BD*A#6HD7U$Z.P#R_"UG)A`7KU4(+^UB
MRZU/"1WM*>V:$@<.9H:+9^M)O.W.&I(LZ"0.4`M-,+A<^2178$%!]'SRL_YP
M<,[#2JF7\W/NSX,?7EMK2PR;C8?.H)GT_'8Z=+;&6)J'$^-7)7IQ"8Q0->OR
MH\,R2;I)1]9>:(X-<QN<-L[.YN,O2]484?`WG9Q#E\>GEK,,=M)0DGW0J1ZZ
MR/&T8E#X6LU9/5YT0N4TY<`T!0L%M2X]T9G&HO%3$TZ/<3TTT<I5T[KLKOEF
M(1?3,==0(HI3F<=+')#C4GC=@F@@EIVV\,'`7K=.(UQL$0`$[2B*;@(7:0$U
MS?5NY29M8G-\2-1H(>;\,Q<N1FHB"GO6#RPDR:IV%#$).0"+>NWFX4[Z+O[T
MJN4#WC`AF1!KXY!\$8P34KKNJL:D_!6K-#4A7Q)CF9;R;-(*2M@;]I>)LF"*
M5=PO+@]/8I?*#650I9R.;1O_8R5G/"8\CI"N'$T6Y%R!?>O_7JXO[.I4M]SN
M\M.I]Y^H(]Z^MDN7^(2.OW2DWSU_-;_*;)V1F"=4E[&WT%;97[0+,YQC=P\'
M.(`T6KM#8*[H8#BOS6>%Y2T!/I]8KB\[9""TF'RGM4VT*:2(BF(0TD'\JGV0
M]!258^!"X@;.)@=5&`^YLB'LJ^8>FD;JD0,XHW".&4<8&50V,=Z$8,OH^9JG
M'6'/:\_9K(_=WQE-ZJTC#2RFJ6F>ME2?_A7TK(5B,)QO7G1_:S'XZDB33FD/
M_-CLH%1VI7C_B;>$=#_GW(?CM"EMA.KN4T^'7WZ9;(1V/H)Y]^7'PR^_2#:X
MZ^_Z5<5*F*`=!'B6WZ3VF%YH7:H#+TV\ICPZ0Q0(G5$\$Z`AFRY*33%#)Z]X
M;FD:"8(Z`QBM$Z19[*ZOPZYIB*)@Y7:JH`Z[G9/[AIS77M5I9_H!1!?%HN[>
MPE%14O'+G1;7.S`+3(NF/I"\<1$.@UDUU*"A#+QR$V/T;#V>*T"G2(LXV`>2
M`?`>D1MS@Y#[F]<^5/I@U8Q;W+3>+ZWT?24*3O\E8]]F$!*"+Z)-U[+RIFU3
M>GY8%:_538?`:H%!Q*E(R<I4KLSR5HJ`(;<8CW%B$*!0/Z8Z'O-WGA]R&#/E
M)\\F.%#>;94-+HD!.3<A7C*PM?/1H76)\2382S4UXL<`]]*,<HY,E7D)*O7?
MG"UPU8<)#PX^<!M"C=XO<5C![\WI]^*U]S3$1Y6+RSDX=TJ"PU"RLV`B^W$;
M06J&B/)(5(5>>JDG<4MF@&T=X&\_ZG[7/1?Q["O`-\4%QUF))4CB+/VV:[_(
M5*9HG:XWU)2E,P3T2\#RY@J@S#)R0E0FEZI9T-?R-?G9VUM7-8H43#VT7WQ5
MO9($_DA'EDWW*@4P`Z1G6BPI:&DAW)31Y8Q>^.":%WNA]>$0R&OO*<8/Y^=J
M+Q8>LLB"AL/0FO@N9Q2&^=DU$*>9?XI$%>0K#=;J)B#86NOCPEG0EJ2?/"X6
M&#4$[/R99'G*M6G$I>Y3MGH6G1V4:TGRXYF87^EEB"&\:X.R8E#_.0IHH5%+
MSI1O,'IH/U-!-[A_Z%EGNQA!D\\SYT9$_L@:]_@!1E3F162AN,G'+I85.2`A
MZ!3(W#EVZY3QTC\MS(6YR)8#&Z44F5PCIRL?L^^S&B`I*"F&C((-1<%K[/Y4
MQZV[--"C<JLFBIM1D:A.9;[^)O*@T5O*V!&`KOP6.O`&9PRML2#X7W__/_R:
MAEWT)B%CV_XP(2NY&%UV?[#A^;&*70@$R1#I5=;$=H(>8%E:%R471!=Z;,$K
M[J6R18[9&L0*"N'V+DW.-\KVY(<=E(/QT!L77.9AH9/V+--`?)L6);\?V=9Q
M?-F6R[@@P\?)C-.7'`!:(LSHD;_67H^;N:OZ9QI6X_U"`2[GG`U:F#;QL@TD
MJL61WJ/K6?]A<@=N/36A&5-MH_6B#3QL43XY>!774TN/[1&"C(.E^.B'/D$H
MJZ?G-78T9V>\02`7>B8"QP4N=D&$0,MSD%HG;"'+,'(:BV`EJI3N@+8?'H&%
M`!+_B^B$(6FGK_6;`?WE6,QI98/@1?A!Y()(#])%Z#G[EOI$@8QT2.#_`^$B
MX`R)8=F(%&EQ2SA\"!U4+G]9A$"BL\7\)W9$]1G>L8ANP6\W3L43OHT,T;B1
M"W958[%S_F\L4Q0B53\V14X,6^VCIS*B1ETQR5_7F%DKHI(0U\9Y)TS8#:^I
M^#6HNK4CA`8H3MQ*I?^3'$9945`CZF/Y1"D72[AC5=S#YY#2=/(W"<AKK;K:
MCPO)I9/@E_DO@)RJ6K;6-0IDVD+?4+Y"!!3@`NF=33TNQK?HL@T7;6P)$C"[
MRD9W4!/TR8OEO]P#`HGDT'69;Z]#?[ALX:LZN"O372H#)\U8DL\(.R&4XK]N
M9=5D6#2=1J[IE2@J.IT1PJE47^!]E2`QY:LI5\4$ZN)V1DYWB_M6[VD+2.*3
M,\/S#;$Q2CQ2[9A\I.5Y=L-#V2%GC[*[')<$[4(+I-!+='DA:7EL0V&9L^O#
MF07@QO(9*#P#1?N2!M-!;D<B*_)Y1CXH35I,:T:3W``3\"T<:+/I75'\=_]8
MK/DO>H0TR_S,*H%6#RB&:X%:QZ)NDYQ'&R2G2WG+1DA:E^OK$--B*JBRK^BR
M@41J^X$4DRI%%'HZ<:"4J9!B4@K7>EIS!%B8R"A$CZ(0:;@2%*)0#0==Q<9Y
MMMK=@K1MK4U#:H:R8B$C/9_.+PP76&;L0<\^/RD`W;*%VO#_A2`6.B6DBG+C
MX`VN%HY!"%?)%Q>'`(N>E[^LQ_X#%1`0DF98@'Y+TRGS&,8KHDC;(,B->V."
MK1.<`E5/]/4(2RT0LAVZ!T*N;;+AEN\,P!$V7-][HT1H#^%0YE*/Q.:#,FL9
M=Y"(047`4/,MCI`$7:=NIPW_,)^NU5*K&_>MDI^TK;2%YA="Q,5<@&\1B/5U
MQ+7IT[2LR`O(#NN`K01]AL)M1U'>JUI%W-BX_3.?@[*%8BM+&X36"R7,Q/:.
M@>O==`AD9>X(42*XV7HSH[_N*/-S@S"SH)*GJ&P,`!MU0GSX!7I?L+\LE?9,
M.C;HM]-RQOSZ(`:`0Q.M^R^`'*^K<`C9?CFK2T.Q3R7_<?;HQ?'.26&E"SD,
M]M_58MCD'/;B8`EM^#;Y')D+$:`%DD:M02*RH!\L"&)A?TI80ME0PD)02+ND
M/M0VA\OE5$KE>`D[JK&X\]UZT_K-.2X$JQM^+H(=#9.I3.2]06)_I(#15=#7
M1&+H#66$[-J;^YXWBTLG1IA./>NE6952$#MHI0K`<1UW=JD;6"N47BR$!3?/
M%3;<*&7(VF)V\NO,$%GVLHOFEKTON(ODMP`>K,CT.ANB#FT%+NNSBS!ED3W9
M/31%5S!IP'&C'R\2-^-#2BKPXP=RS=D5/1-].VB(<TK7"IR$V7[;%ZZP/)82
M;4GR<8O[@FC(N.X.R"-#@>28X?>"])HK\,5"+,0EF)UR+M5\SF6=S'^.S9CT
M:[D/S4HT3D%<<L!M3FNQHKP2W$DS+YX)2G=?V``.UX'M0Z.9/\'W@YUWA;F$
M3CMG`1#@A2'9(AZT4,8AF;XD(:)=]W[#R$B!D-YDBE=*.P1[.BO=,FM/NU]E
MV\ZXT0Z%RV,BVR/,LG4I8X,&IVYAP6H$O"(@5+N:<OI0#>C&,VJY!2T,;_$1
M[;8X]?BMRGQ:N!H!M`C=HE],*#"V"Q,_A!#+A28(J!<-B:S*J$^OJH8(MW)G
MKUQ'9ZEJAR&Z#?,6Z_BTP);TMO:CW`0B6N+L4SZ-.H1@`R?R>6&Z0-`S`4:,
M2`TF0RY+D.3N>&4*A`Y$::*#JKT1%H'3I)L.9>E-ZK<^X4R,X).POD^E5.],
MA7+ON9&FXPRI3S35@[1:Y`G!"7V#?BC-;\!"%/*CP4@3F,3S2$'('"'V];W_
M>2`WUN0O_CM]!8Z4W+53D&K=6?&[$R'"#OD?TT&%W;3'P`UHA_01B]%96>V$
M;0$\E_]0)%`5Y;I8>AC:`KZ>5O5R[I^6Q2Z.I160LRU9_?J6BXYZI<>272G7
M3/58XR@U;3?46<[87%*LH$ZBQ;_=A7.&2-BO/9OM<9@D-I6S=1K+JMC<).P_
MRLZF(3S6.=6OUY5NOL>"W"_&UNSBA+%):EO9K!(*.^U:%)&TGGGOD6C340Y6
M9;<<8_Q:JQ0"ZZP[G0U`,YZ0LIJ6!Z3;0;5LST%G_3++EM9'D*/$!-*!<-+`
M&_X1KM0I"H^BR3KU)Y?\,I=X%&[=-*G+[1/:#.(NY$T7D46Z4M\$W--()1H$
M@&AOG4`D[2N.5MC:T$8E8V3[YFX8(SBE7$#H:U=BUP@+8\3>WZ%)0K3I/['$
M4(("SG7%GL6V:H;P"'[U&4+/C%^2#!24U_Y)+=-WF3\A68"G=Q;23+NI.R'M
M3]%!D8QKZ1DGOW>+7)50&X"U&,*\*2RZ<GYA*V*LZD67DF>2MA`7FQMDWX5-
MZ:'(*1L=#4;:2\Q&/-EK&^RRHIE,I8QU179OD#M)*5F&>BW:^HNTL/?Y^&1;
M_[!7&VV2)%97YX7"BLM@$`^EDI`ZRGK'43*B'J9>':OIN&26MESN1RH8=FH4
M/:<[LTQ=KF*;_>;((-."2U9ND/'"?IE2AH?^K%(4R5UI?84(!C7+IHN7;EWB
M^MIVRVY>BB)#A`:X48*V^23QM^'0-G$Q%ZA<ED28[*F9NO!YXKI'/%;4X\XD
M@S=[)/^FN,$YU])8&?SUH?^P&&+LS<7B0;!-[MO'TNVG7,"GFETWF"U.=QTJ
M/+%JDZ'2&UIQUU><"Z/_Y7N%SUM>33?"N:>E*KXE"HOSN`:%?OM139K(Q%>_
MN*C>-&N<NN8N39(17O9,IS&T2U*E@'GK&6^&4Y#7;G3<*J2#>)B(=D.%7*<8
M_8@P.6D$`W+[$U+GB8-G&8TP9VC8U?"X3.->]39.*](B"H7>,?8&X2S.%VYB
M3%Z%BV%08-0^S1:)2Y`J#@X?B>R)Z>MTA:<.B78W+G]KN6CYD#2M32`^K!YW
MU-.OO\D^)1[UR,QM!K]?DP6`SPV;$W4H,KI+_OOH=80'JG?N=9C4ODMU=%.R
M5WXW_::A-J`_OWL3&J,((1&?37Y.Y!?<HC4X&*><BLW-WQD8?+OSOZ.@(<5*
M4<9_]AU!5>N&O:TJV2W;P!8Q>419Q>1TI7W&"\4)40;%$A.NI.[+V:7"KUB]
MU3VWKRJ2'3(+A4'5[3/NAWA0GEQ%>6^!C!;%(B$.YZB9EJ<KPC>P(.^7C:G_
ML3L$17]4?L\W#2WD_Y%WIKMY7=F9OA6B8*,EM,328'DH)`9H6:HH\2!(<C7Z
M5X.3)*8DDN!@V;F-[C_YT4!?2U]9/^^[UMI[G^$C)0\%`QTXB?B=<_:PYFFO
M7?-M6OYIL;R4&0X84860DQ$H9,6*+I2:J=&NP)BH0$U]J^;#5%;W*-1DJ?>J
MGG4-6.GEY7IF<+L6VVU;S9)#>.$WJ*(CBM3:_FI/%50$K.VC<'C34AQ=B6)\
M^Q1AHLX_@B@=?RI;>>+C5-"F1=TVHC^XZDIH6@UDO9O=3#1J.VQH?D3^]4)'
ML4MM&B6`SP*TLA@G3QW&#ZDP&2W,0"4&?5I/A)QJ3LN#'N7?H,?FW\F=.5'#
MJ)\SL4'%0%#^C0.=^N,<_ML3,K8JU-#EI]:%D>!ED9K&/MX;MTL8JG&T8SU=
M;F[J+LB3+U!+@:EX4-X:BED'I!2X)@3(PJ.%22/_!A\)%H5]F`N013!""I'D
MK@IN@ZBX,,+&%Y/-B:#@C&I^P1C7L`5[KJB(U65?#X#M#04:$4\W&YYF@$W&
MQD:?8N#SDEF:N-$8<^=\_&JOU_JGC+2<(<R<)L'LCY3I]N`O*\K.=56"0LE0
M%0/H/X-WF%_8G4N,H'$S;Q4%K+K74)?;-*\.2B/_X/^X2Z?\#$BX;4-6'ITD
M57=VFX(I>RM(`?@4"A=VL6.#@G\3<.PL06TBJ%+_"*IM%`Y=-W3269@B3X-V
MFBWQ+`X22*G/[8\1.Q.04&$4GOURO4V0IK!,)[8H'QZ5^)`5*"L"CA$SE9&L
M^I,RBGB+M*O?XI\^UMM,TD:([+,)?Z5[U%))J+$U8+Z.,$_.4P+B2K./%=*B
MS$6SN0>^;MOG65^_(DCGZM93&O$T@<OKL@>0LX/Z"/'0'VF>-27=85!04YB)
M?P\;$@,DQ;?`^?N-97F_.+`BDC[1+IJF8"M3D^F#]J;C5<+L!BH`%#[/KE<H
MIK*@=_8%[`.U.7ZP&0?_*0/4WGZ-7_.MFB=SNM[!N/$!=L]K2\?3=@`.ZE'Q
M:0E/D*S5#D]8I10/;A#1W7,J"0\N=>%/:Z=3=Y"3(H@J8VE%2IVXL/>-XG6P
MD%UH".X<\/ONIB'N,\RD<+,S;#6;>BD>JR:_[H0`69P`;OGB,>`QC+-'($UR
M2^*+,\ZZ':A'3?ONNSG?"?`%>R])W9@AQ",T3Y&^1MXHF<3J#%#\-RP)[0)\
M6(6^3Q)#<;J9CH2%/BLVY)^U(%'Q9!^@0:^V=.GFF&UTZE,KXZXYYQ3R'<==
M8UFJ:N1%CO_&E1J^W4H<+WY4M0`P[`S;-F"[E[=<R&K30D!S\"@@OA%4N6<-
MOR%,%9'RDB.47$93;-D3;VQYK&%R6"/#4F\!`,T$T6I[=8L-S]CP7=)7PT9M
M,?'4.QEIV3*G0NS6&4\ZM0LY`QA;N$!:%-XBR-B;RERYC^FR=2YY(Z*\Q[<Z
M?P%8'(PO17K-?B:NU9PV'N.[:^_/#H_>[E'3XDC2AZK3)#TQ;"F\MFL.L-M-
M4M[$.3WH'WG//L000'AR'+R<OJ%XP)&?=B?`))V)='*Z33XJM5RV60FO#QNQ
MPNX7#/?UI;DC4PKXJ...8G86.>^WIJ_;L2+'+$41574!5T&]J3,%W*J^B,8^
M!1J8/!S!##[Z/O0L.M`0$@IQ\BL)TTFV&J.KY,F)]'RU&2[C$>8V<2_CH5W_
MR1DWG[_;1<$3@F.Q(GH`"J!=C&XO3I:GRK!)8O)W=J89JKR:'!E7*I#4E`W[
M(6QT<D<A7<VGUW*[!30:"XELZF,II=8M4/G4O`>*K'72E$8=^!O"TD(0PNC:
M4J9-[J9'7J-/!NG&F6MQQ\G:'D$SW1/E8$UB?`IWRNK/N`PSR\+F;\4_$*W#
M6`LS]OG%R?[?;W_EXF;I)2QQPWW.K2^`U8K>&O<KI^_<P\7J\EZ"L1P'11=N
MWY!!3<MV_!(!UQ8B,S&MUF?S0U-W'<RNRX>>(+]A1VCD*>?M?0)/YMWJP:DS
MC(>T!-A8R%=5+'*[E$N@0T848J53JY-&;%$RN"\Q67H!W,=9$OW0M68HBQ>B
M?Y3+BI/PN)V@0O#'_;*%1-%J^21*>6.ST+F6PX2Q2C;IAHU($2K:N"@5*,O*
MRKG\$H3L6S4/=/8&8=/KN4/G*%)MNJDB8=D0*N30UE%:B:1)GL<M]E&;D#<[
MXKTRGF:S@W*N<3V#=:S--DZ3]JBX4@T3%0TC!$`].CN(,Y>R^DA'JCPH0_Q-
M`K7VH;+?M)BHB>GPKBUTI=[@'`RCXH/;!E)K..?JM;"=,*WL1&%R)IRM^B-$
MB"2/MP88([ALMTRN=M_YD(:F2KS!7W:,LJ,W*:3L%.T.:"/:AQRY\\0!,9..
M09;8F8)&Y9L(74VCW2\W6<0D3K#5-3#\]M:CK"A?-C,-4FB3S4C41?O3>L[5
M">9""`[7*2(N0UDFE[Y>ZR=K'+2A73C/RM1/41Z`$VH^?L_ZZ`1R(#L<M=`:
M&U8!VSZ\L7=X\4[&KL@38K,$#L()23MG4H_$N^VT7#CGAK7&2&'JI.`J3=H\
M<)>]`*:0Q$$'*C@=9Y'+M/N3S>IAY`SP^`*&7@FR6$-7$(MEISZ#86$[)M%Q
M2PR<S"*OPR846G<W45"`%PDRUG@`"9N-HCAUMWIYJ&9&)/"(^HUMHFZAM#;Q
MO7(>72$'NFQ9,1"*+MOJ(!Y"'?8.$_Q$,>P^!><6OA(&\OWV$*''1,OX0Y05
M(2B+EB;40N#0OKY5Z*+G3MYIL)"S8^4JNV9/EY0NM?V)5E(9\U28SRB-\;O:
M:M%(WQ/IA/13Y]:$UC#:&N8B2@<P(&C/%>D_;7>L>F%);W:I,-`0(?FA+2TM
M+17^BLK)^DBBS&?W%(O)RE.0'N7+NY<<2U/CV[G^6S])T>ZW\/3R^2GR>V6:
MMOA4))E[O55JC/W.W;]H<%F&S8M[29LHCD`DSLR,!!9H)1&!6P\2^-0S*8O8
M#%P`)V$B,&"[2R`5FU]<ZQP58EPH5ZTLF[>EE'ZX39-S2]`8Y__^GY&MA2Q)
M;XG![JC%8N*45,13G<&%_DX5)`U^LPC7F`S1O?S`6/68C^V&[2(,YR)9SD18
MO=6!=/D7H]:/;=A_J)._U)'%"JH-B_>%[N<N`\>(8B"C!+9EH:<^ZC\@P.P)
M0BGE(]1FZ?@UWHCFW[I_]Y8O-A./T?`X?K1$CA/0J70!E<6R+]?\_AMTX$T'
M&HZI$T>`1#10(Y1U.1?J<IL/;N]R)V7(Z>!?45#<P@4.DP\G1.4V-F@T%9=-
M%G>\]=WWWU!/C'&;\P/=8T)1VF>D.(2DG$8<18Z`E`:X`G1X=_Q#L0\FE6<@
M-B-.=RFWSRP7$GN[7<;:""S,#&JV4=*!^$EOGO&.-Y=6'OSHNG`'T486DIRA
MTH0Q1&<8R)*A<6<H:[(P&U!B?<2.)2]/:?Y)*RI5'X:VJ4Z6H\Y,4]*\0>18
M%%RS6PM$7,(%V=JUB*Q\#!R]2;0IR[_/SGY.?:QU5K:O8XL-I#::;$CRG*$5
MT!-B),ZN8L!V<6JFG7+IH']<XO*XT!,\/&C,QY#-V,TTC]0_EJ#T5XN0:`U)
M,*[4^>'%5R)JJZCA^*NC"6\YR2BZJ.2:QB\/?M>[&3M8K>H.((KF.+]DB6[X
M818__&G7_H)%0YP;8%E>?<ENM@]31V>]R?R"8[M5<51=X*::''O.KJUV%DL=
MX.$FP(HGW.JRM#O6)K]VVF'JI67UFPE8G!?&H)D/9282%[VL0T6AEJ*(!L/2
MLYNA%2(V=RVB&I`Y[(EI&]MJEH<A2;T9Z?[S\R;/>8H#YJ9:?=BB#YL$&_<P
M@;)$;4/+H#,L#G.G$P1K*QIZ*"4=EPT*=/IAT7%W2GYDYSCQH'-4IM>T#8$L
M3<!>O<8I>\6%26%A;5R(9`DSFPX0%=7&'W>3?L<E%2GR/E/'8I2(3@H-E9V0
M-PPJVVOUG$'=$L4+$GE"6.$;$C&19R93CV%&,6+8-N0A4/%4>W7A48@I2#OX
MF2YI.`>8*-62+O&)D>%2Q4F@=!H\;*0CN9ZIU9%"6-;<EOIR&?RXJW2P8!$.
MD=Q%F7U#G?H(MG[N?J3.SD0KS5:>H6\1ICBM:G\B:GIZQJ4Y>,)1]3=WS[XC
MT[AU_R];'_C=NID8@P#$G0,N<T%K#\MX+AUO?VV^A!$@6S=>G!`OV_KLDSLW
MJ?_\7T_#^FL.`*!7A*%)ZA?0RE>AVKE*%%=O=^L[8FH]OO&--.%#M6M+_03M
M<)=D7%NMK_6"[UG9]76P#VT(3+[`978WRQL[SW^0.73_]MV[-Y>;V/K72W:.
MP.G7"O?XT"H@OCH!'E8PCW>>6\/`9#27W@"W'TYU_,7OLQ);6;F:6U$JV^EJ
M!.,?"XHN?1@`B8'F"A+G6&3H3U#]XBMS.B_9AY8)KUKBI:,6?C/(Q^X;+1UA
MNYUD!MLRC!+;$C-A]DV^("EC;*>IY_X_>E7NN671OW-&Z/R`FUJEF9%#$MQB
M_JUQ5\U2B1.9?BG)-G0A`=Y!JD,UXM"XL5&S-?F7T6"70F_"[__VNN932CE4
MU%I#9I4&B5/)Z$[*1/-QYWQP5'%8B2,[-QP<L.@]/E9];'B9"JG0LMH)SW_=
MY<'9SUOI(X3:33GE2.01M4QPQ&FP,%2M%0$I!"C_O0=.0<&NL[].%5LYC>O6
M*%CX,BM"+50.H$S4">XDM@\XE-F1)^,ZW4S(1CE5$&^A3U;-9^@HM.>S+DKQ
M';LH!:!Q%'9`\2BFN_'+UM>B10MU\:*;(<U_VDU)*MA%X-*G<#>L*1-4*MB7
MOTQ.1LVOJ_$1/@2`^N!U727K1PG_-152;TY.I13/M^;R\>E,D'?1B&*(T/EY
M2:U[=Q[<-+907=#=!5DN90?`C5#8>TBFKKC_:>B*9X>G*JU!Y7VM0G%I/\G2
MU`4*F>IS/4,*B`U$.OP)KZE<GS^$/GQ0K9^_T#6/&.1BK?G2#H:'24_W?H>A
M(!G>Y'>PUR>W[WQNV?P[[_[V[[;U45QK-RTD):G7>I))9JS[/P@=@]?PM)=F
M^,J>M/>NWQ%K4ZB#`'75\-T6+QU1TO@C3C/P()RF>`FU(00WA2)&T5>)[2;T
MO`_:NM'GQG(9;>)2!<0YJUF?)_7.L)M-J[8_T,-6SH$B,_>)*AV]A+#\7)WE
MK8;LSL1?&>!*42Q?`0(,4-@I&?:L;7:)`B5CZW:A[OTAN'ZU3'\0#&?!B_9#
MEEL:2>_!EE2%.(!`@,!^@8F@<Q,EV7F8AR`<G\!]Y[[L+O+[=&?HH'!'@3U%
MZ@%<=#Y%-(/9,LK3+.I[QE5.H9'NGL2D%@8&4T<4&(Z)0BG95PTY2RRRG12,
MHN5?)[F?97&H_8J'O0!9MSP\Q*_'X">:E_+JTSN?WMPJ8Y)5?K%F3'Z+M\9>
MKA,O7UB\?/#T,[;^@OAV8X=!WTWZNY75+0$+9@X1KBUD[;PEX6XM^16G,I&?
MRD)DOMU0D4!6#XCL@T(WS(3*Y7%V6M8A\OZ6PM>BO++#]J%_#1]*<%@DI!".
MQ<C@7\A=_=4,\%DP@(P`G>)#F8@KV?UXPQ<[I0T%5\'P>/J$^`)734X.5&M5
M.H@!2P!&$5XI9_2-:9B?.P%_L;01E!T%TJ',GAO$&BIIZ_/4A?ASI_2#)<AX
MJ,LEOZUK[IS,S@SBK>&EK=3'U$#$GK_N@G.@U4V.#W';ZXGU+I8B=JR7</4.
MI,]^J]6W6FM$2X[9`_L!Q>8@"+8)G-[;4-@7=X!>LB@--W=]H#Z2+4;D0)*V
MH;=O0@XUY>2&3W-+S8-#XSY>&E[-K]X)F\-8DO5'1PQ&6O_O)K$:LU2`"&E<
M^34C#FS"'I+QNYYDT7;(PHS33CQX("S,3E:AWY'G&$[*U5@?\4O?[W1%N9WA
M.]U)-NYXU%ZLZK=@WM1><^;%AF]5PP.#-LT&'8\XYO-_A`*1^JD0^^WG*LBQ
M1JJ?BKT_N_NYPR*CV2U4/%<A=E8$/=WU>=CSB(=(Q+Q`69=%NZ.<N6)"JL]!
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M#.O.M[@L<NNR>4OWWPT_^%L'ED0"YK]6H[;3BUZF#[X9+@B`:G;-Q"UU_U#E
M9[!^AM";H9#.\6@=W+\Y\_O/OORG"_4JWKE\A;WW/EQ\/[EXP_YN_V,W)V:,
M2`8[T7]/^3]'?_[RG\[_0^=I__E/=^_\B;^H:(:"`.K;0W[2+V>/,7?CE1><
M43TG*OUNZ]D)&1L]?4EJ#WJ-$?3#GSWPQ3JR$Z;#"GZ?V;_L>N]^&KP('?=N
M:.0&B[/9D1[2)X/:TFVW.RU]@=TD>SX)E5_^]N010$+FJ#).=2)U2V'6VMC4
M"04121Q?8>A@)#+-X;IHIKSX,@0@'D/YG#%_?V\HQ9P:Y,J*^;8&[31#LN:;
M_NVP.O%-?S`,*M*>[?8Z.%57GC$.O#O<28*4B@L=\8`&S,3R-WW4@A]NYCU=
M[OON0U]-\';=3H`<2B"75*UG-8KSNM4'"X<_38)E(7&'Z7R1O:M:?=RH9@1_
MRUR&06Y:&:8IWQ6R8+%H"U=[4ZU*X*D%-5`6LF`SAIC4+/KPT3H3Q2:P:U!%
MCR5T/P!TQ+9&E7C_'Z$2@W[6E9H7\/LI-238G\^/$)[\[P57S+FPJ^5['C?$
M]H@PN:N_NM,I"F^?VWJV;CR_W+MPAO#>G0>W21)R!4?S5$5?/U0:Y<)EL&Y<
MCBGSR"%%&S([>]&1#9PQJH/$(:MF,W6>>[!FEKZ_2L,1P>U]G^W>GBWA'[79
MF<WY`#;(I%RO\C#C1.B"P$QO$(K0Q<@4U8>-Y]"/PD,(;(ME.L@2V%&!D0Y'
M*1]Q<`(2AZ;RP6I1>=&1PX@#<J+A+;^)#,*L`X$I(UOWA^[&9I.YJ"_A-3I;
M5<11DBFYNZI)Z#B3]5X^Y*XTR:2"3ULY5/D$45_J1(E\96A*%6N1&6S>D9.T
MWKDFZI*MARRCRMR9WI']'RS97R/LC@DX%GX@(3,OT?NT^>"3UR.^4>D\/`>\
M-.^%PA\O^,K8[E6BPHO]_41%%Q/P:%H0*Z;NC@(S$:F`&@2MZ>L[W*[[,T&X
M9J0^N'UG[F0BE6RC/C[<.[M40A,I0M@5KM5X*UD=C7&UE?H/-!F_1$0NION]
M[,/WA/8H3@2L"C*9FKO//8DNP]D#FD%!'!4VGTJ24_3RYM*DCQ79M::'IQ8Y
MCM:8M+<4WD',^`S*=-CH6R\S<S)WW4Q.;>S%,:'5UT>G"FIIMS$BHY1P4Z!@
MB."6(.3`$F?PW#@.0O2=ZD1(,"[>TCB3L#C1LHJ'E]!RN"QTH"QE]6FV$"I[
M5]GI7=G,DZ541E]KU47APP4L`F]EX9I6U8_D*NFV)_&E&EA@$T1>@X\Y,Z2K
MBA"96V$$<1;])P2&@T.UR@VS6AB@P6Q<E4JW;21C=O/SNS`.(%`[`G-0!4^G
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M/#I0X1&<R3&1V1A0@(,(D7%<$YZ"<;*2G<$@##"=IJT=03F;E`>6$`?=KLJ7
M,4N&[XT/4G8#KL9+Z_/U)0-/Q^LB+G<C'H;.5*6P$,&FXEB!Y2Q`<@3ABIFW
MH'*&=$V$0+@RJB;3HZ4ZB>.(/%0`AK<<(4C,_&94AFJ(&7X=E4E%7TUF'T19
M61(\U/TF*1H8$0%O?4WA!Z(9`X.(1@52]A86\1K8KZ$$?XO4JIL[L+\G->97
M4]R<SEA?9@&0+ZV*79*CN5GPTR04LGH>)>5PA8J%/,?@$$X+^EG>Z_@"F)0Z
M2)-(AIK\FK-!I"-XQ($(2ZKU?+RDC!1$*31?12[:Y&"2S`"J"$Y(><O.'&]F
M[S!<&3#I@?KJ%9^[=:V@T2YUTI9@.0`\V?MY'L])T,IW6L>71&U=-3`(#\YJ
MX3_@XV()\DKS31<*$K.PB\Z$F)/+6D1]%VQ<\+6?=IUXV-[ZJDZZV8/-6V(^
MC-:F:K[MLTO)54D*!`?A1YV$>W@WFWYYU]>7(_7(2`8.D%W-%_:KC.T^K,SI
M3NQ1'J9R84A]RDQB5I+D%)[)>]8I4W&SM%#2EUX@HT%25(]GBE7O+:G?7Q>I
ME@:0$O/]SPYM0['-2@;_&$;H?\]PROH0(7'@@D=Y,GQ]II`QA?A^Z#_I:<WB
MNI*@8K$1<B_NL+C!1K""/7KUVA:-3HM;%(2XNP*"TR7*H%,)FX5DM:03CX0Y
M4G-.39*@HLEMRQL/S77?3X@S2Y\=$@@2_&IT[8C%P^"^^>("9A9N^4!$T*TU
M+3:)-4U&C3F\4%3"I[_66)J"J6-2)*W)@^2[T&!J5$LUY67U97'4P4E;075V
M>A`AM[)G&_T`4GC9<*=<I0C>$7K),\[`O0KF`D.[8;*MZM(/5XT[87JJ)ZM)
MH4BX>-HL;M/#(.^1OHUV:Q#)^R`"D"Y-U3!\4]4WR;&1S'S(V4Q,'L]ZP51]
MG=0%2]YNTYZ_RB9\`346X*Y51*+_*TW5)&)H/HI$M5917\\=SP2U9*PX`%."
M_<RKS];SD\.2(X:K4ZTGQ!C.JP`P/<BNVB2O\41Z;Q[QZN[B.TA4*I&S])3M
M$_7LU9`%HKX98>RU[K:P$DTK>,52NR75<'ZI/ET,[PK_7%XLOHD*['/SVSS4
MFN7>M8(0K(0[SDZXHQ:)CXWST2=<0XO[$,`4M4\\0IQ-\8(#P*HI4Q`9H.N]
MV.X`4?,+5PX.C&NEV)JRL8FR-`8/M'LM@],9-W'*(_'.)1ECOD?M],?T4$?&
M0&NK^Q0I12<F;TDEO"Q;:OOAY<4[U0AL[2FK*9\J].X,/7W&Y<FXOVQ]5=].
M#A)HH&>A9?G7)+WSWJ?G5*:FI=8R%R>$WX^PV<T!@0/H.BXIE!<5-`SQFH"C
MZ]6A(AD6&W[=\BN\?'X/DE3Z'UZ<7Q.J470<1W&T(&B?T12X12Z6ZNP#K"EB
MH>SA2"IS:(O5O8+-W*`^^<E6/DLSM)ILDW#GXYD:6SBZ";EJ-3ER4[+U@U<O
M)X3@!H*779*20=Q00#9=*R3-<?]7D$RS:R1T*KRYB"HM4/;E=^2"FB@#6"+E
M?_KSQ23'^*2"6/,'`EMW>G4T'(X\C6BL-QB!(LLI2P%4ZV(V8;#?5E9<D@)A
M:4/*-0=Y"WEBVD&TW9?I'3:B>*H'X'KE?\!PL7"?`1]7GVNQ1//=V?09)2CC
M8R]B?FE\UW"N;DM4Z$-TDKE*^0$;%BZ\)T#TQIA^EZ$>:T8(]%J-XO=K=SZE
M#0=A7G%1!98*B%U=8U/G6I6XA0(P+3<)IVTVU[TTFF)*HJ!$/6MW(]A67`#0
MO;H6NZIOO%9@VT5OL^PP1FL!#[]^+EZAIK8\<I%]#[<+[X.P']7$VMQS#?VE
MC[H*$'^K=O\[TK4+SEB^]TVO`IMSRS<B%^%<_Y@__%9WLU^^G?_\0W;QG_^^
MXZ/<BGC-G\#`\Y\>)<W.?W\:;8H6:VG\OKK2_&H^&)-0L7HX__EKLJ4_VKV<
M/P')2T!D&K'2)KDT?M5_*AO;H\[K1](K.UC@NN*3ZC%T,UX`QZA.+U0%5FF[
MS_7'OFO*SE[M_?.?'C^^X__1S[^LL.S+&W5BF86T&@S^?<$9=45?)0!CFUKN
M'V+%E:==6[':-/X!EWP_"T56ENSS,G\P"'^R>;DRW2OW](>AB*K#68!W(;K^
M,$O^=`7$JC;(W-KBSN2_OJ%212TYY_FXQ9L/IV68MB2[D["0C-]2UO:*=HY4
M@^_',1*%((B9[+Z9B[?YJYC]E.\KI3Y_\R'VUR7/PBS(H9<O$8E3Q[(KWWKA
MQ-RK3=N?#YIPBEN7*S,W?RG&M.:5Y3Q__#_:_\R?("VW;NMT5)Q%S%J?/SUI
M2?'S/^&T;2E@\%]F!ZHGW3:7,?,;]U9'+GVV%;DPB;9?/`-%V*MKKW2N;3^%
MTU.&_N*)/EF=J/2^K.FQE>`OGH:SX"O[:2:)M[-RPYIL><FP7SPOAS17YNU6
MP6@`_]))Y(9LM,]Q%U20JL.],E!;^G[=,I7[HQ0*?IJV3A;"*85&_;(K,=/W
MU2RGQ$_[31_*D*ZUU)TC=92(Z3=$)L/_R:AJRZW:(,?.K2@%HU-=391_B&2J
MR`2:9)F#V!JB(N]G[E[G`0K"S9>);C]V9C8X,FQTZ>;9__WHP?:=+6*6CNK(
M%O[HD^W/ZX=;PI..&).,T$W@&SR]<)<9Z=/ZT%8U/]RO']YOI/OAO7S`QE2C
MV0FC^@!&%(+2BG`21&:3[2](K15D*/8B*/#MH'T_<`!DJ*AN=+LFT\^$J8,=
M'[#G^6Z"199S+@./%>$)S'_VX&Z+YQGSGSUH`;[WPQ<Q0WWX?DAX?<B!+'G4
M"EMM@//BG0\%Y<Y!5+1A;!@L6<.;D6$QY3R#-^3>\%!_86[QG7HTC;E9S3/I
MD0B0J!<.>/$V]!'E(D-BZ?`GF2-$+UU"(LE%ID:$0[6%.IW-"V)FV9V(;2-<
M.TN0`)IEOS)G**RMY`=9%=/+?%*)EIA1D><A_FJ8FGHF!'T0<6P1O:N&#QWF
M6X\($2'[K09$7*@K%@G)J(J4SB2F(R/`#:)%;->N*7CA?N.$"M4AV?5MWV>&
MO06"17CB7SCYH\07K+DF_?7SO'[`H)Q--DJ,7U;-1A&ZB[Z<XA$@2`HX;:^]
M9*HN#%8O5LK7L5(]-OUJ"ZBH.E;)7[MK&FU0:(X(=P9C7]-<.SHX-2'L!U09
M>H/6S1[GU*'31"3D6=<_*X#EI3<_A\H8(=>"9$S6T<?D!CG+J<+80O&BDB%C
MMTB+M;U'S$CQK8&0%RHENX(06#:0Y[9X-U:>;@CZ?*>*R-5[UN9CO0!Y"0`3
M_ZMCBH1CE7FRQT'@N%]N(+F5D-[6#9!_&UK.&-'-`+LC]!(:M/=O5A:PS7@?
M-EA(&K_GH@X15)Z/5]@NS2R%H\65:S.O#+S@LQU3[;I@B5#S:4)3@,@`D(/W
M'WW^V8/&X]9V=[?O;K).>C)C@!;KJ\LS$<5<N*."&VTF;,4V<1V^(-(UOXF2
M$+)S:?`!91IB-8&IP;%=AF895JO7%,&#T^D)KRJJ6@5([9P:2D.CLAZ9RQ'H
MUE1M@?!'ZQJSI^F7ZZPWB./I`#PKJ$76\>A<>US7<OW]F4]7T**--4!:V5U*
M5K'VML*:_R4ZD8I6G5"!:?MC96^R+8#47NLY#D'V;$T=X7,Y8HR8QV@`20DZ
M#.?6`A?-2`HG-Z7U:/+;+Z4+=1)''2CC,J2PA_T&N?5=F?V>1&=E%K3[@H&*
M2WM=V;NT!21.&H8&VM6VZ*$7.(I;#2D%46OHB169%V!DO]":9BA1,'S;!(M1
MW;(V%*?<LWX](GAV+^3R,8#LOB_WT"KJO*&V-F]C/DKD-N^P,4EFCA86$_!*
M)U=S>3IK$[8K*O)NM(EC"IQ_Q@:0!Y/6G;1'9V`WZ5G&G2:-/+:W_HJ#(X4#
M[[2U)K%)>NM2H[SMQHJ5X=UE/N[5<4UH].\I:AI=/T%P$?>:S#_5EPUI2`DM
M2.35^_-.::$M=H-G9O-<@M$R$%`2HZ?.EOL'+A;T>;UL-:$W5G#L"XYEF2J*
M2KZX"FM*`=_;_OSC6-7V%Q\OO`PTC"9YQVTBK^7IUV4MC>.+$60>#"*TP6$@
M,,WVQ?;=SVV2AC;\8OO>W?AS.O/&FH@&/[W?%52;#GPKJ!4:YL&G4P73W:OI
M;.$$6'A/;F3YGJUSJTS/5\E)@M\$D9&;Q#FMC<%$"MAD5T[[BJ4R+WJ9\G.!
M%WC7X9[\2%8L@&L['+G`(G;\MJF.!3&]8,V+?"Z#FL<)_R#/I#O=M255R;C%
M-OV`3ZD+@2(N%+G*Q1#!+P++/4&W""(_M+R7,IU;5CO#+;OS9\^Z@0'`3E[.
MGUORT!]A_ONC5*[SWT>K9O[L:6JY^>]56S+__47PQOSGON3U)X<'\]__VYG:
MX2W@\C3MG_GK7Z<8F/Y.VN+B2U-W_/[+TAC;#W[S_.%Z?<S6:E;Q0LE&0J=/
M?>1!A2ZIP:RL%O?$W`AG]&;9+%#O](JD=KN5;SUY'P824XI_(J9)+#*!#2.G
MU.UJHC%0DYP(Z8FQ)]X7.Z6)A9RIFH]H6&>C$)\7<8">'8=QI>J"OQZFB8)D
M7O)"!!(X4W?QF@-"B@XLOG_Q[E!'IZY\Y[&*H@?^7PPR\A#U/_<_L8ACF\0(
M=#!X2I<7KM:>B:DYE&7E`.$$Z%:U""RY*S`F]!N,ZMTRD#)NZE=3B)49RJM"
MZ0H\2DQL/;Y4+<=\Y>N_/@T#B;M#PC2;?Y4=%><__W"*L%I6+CSI'L]"9C;)
M.!]KT]0ML^%_=&E,&W+7*6P]`Q(].SL[&>C;]89J#5JQ__MEGN2\;H!K9WYZ
M=K)/<=]\)])AHU*R4A4ID#Z#:+A<>:CT=-M7W(IH[:BB(5_^,\WDS9SI#PSQ
M5!$B;N>-LH,B+D^T^LG3;S$7;HI_CBX@LI96&:]9KAV,YFGSUD]\_X$X#(6L
MBK^W1_\AUST$&5&BI]_B2>DF1U>7]M<)<>0!+I<J1:0KPI=<K'&XOWN)6\>8
M-FPQG*-.6XY$!%[<$)?J358=GI<TL663#L>H_EGVTZM+2I%4?LMK\AHO9)`C
M2WX\@G3E=6%6(:@PF'?IQVK[47QKO]&3O]S5U0EL"`F5!8INY*FEC0`I(%7D
M1J6$>1T,T<5;AL,[[@L-9'N=L67,^#-H\A#_8X\*1?3#)?4W;VY5P?"9KA,[
M.#RS<R6?'L=:HHG=(IJ(#8BV./^LN`(`P.??1?>^/<4%(&:*//Y1ET)H_W(S
M#Z)BD5`5!FCV-/_QA-[=-"K23E%+LWVF<X*1^+U.&3!^WW;$$IRWRN-"W>5I
M73.D+FJK602M8Y.$"-5&=%^6\,T2N`4+K?TE)QVYFCI5#2<O>_A'0'#.BBM_
MP2\0&"Z*4'E9'8_?Y92\'O=/>^,)`']BM,A$1$!S>4>0JPL(DR.P:2\Y);"/
MXF[7=8R3\6$L@+&*!#I\`-I3XG$N+$`7&.:ZTM3I9I95%8YFC5@">+_$39<Q
M?<*Z^L)!M?!S"\YZYY+8<N7Y2>/1/@JW&&.7/,`KR(-NP:PL5#'@2B+3&PT)
MM2(W7PZB&GN5Q%'`*/N'J@Y(D<.2U:(U>&VY9ZU&3?1BO0!%)'-4ER^S.Z0U
M;K=C?K%E(Y^7JI.`;0&V?W[NR(7)EGH+'!!O9PU)(H@>'3'%<148QW\9JR0+
M#%NA[)(0,L8B\R,@9H!"8P$9'9BBKI-NU7G?J9>9$D5@17+`S%S(I_]_K@("
MF6K@3]V8_?+;RV/B?:<L/=`(AVKPO<L#-94\`-;5(7[=D!,+'1YSZZJW]Y,(
M26+'0OL_=5&0A;:$$^[9I`:T-2/7E[KW[161!Z8GD<.C/3:VQ]RB]Y6L<PN3
MZ!HC4:EZ@6'1,R&BDH"6JYG[HLXE_8?%F)WBLFUE/X:$4[J%Z@B![!J%NE!F
M,3<I7&TR/D*>2V(SP?/I]!A4D6H2\\"BZ],`TRZD0A]`>V[PP-[I53'2;$+S
M9Q_"?\C5@=KC-\2DZ#WRS<F[6W*_T:RS)]]RH]KEVPT/_P6]H\\`G+[,3N%`
M/H9%/T^.AFFM>9J?E:<ZG$)4<H"WI@6]4["D:@X:DNJP&!^$NSSZZZ$PH0E)
MR>,#!##9H$,N.>2?2>4,%OHG+U<Z10!801T<("C$%WA&H=@G.UDPQC,IL1PD
M!0(&E8N&55@/4T*):&NV+QC`'#!J7-&-;I.@'^YXLA/616R)4;^8<G3\.@\8
M,:V."B(C.-H3DD#`?J73KK84HFX`;N7CZA<LQ@W!RRN2D7'J+:P:GDF31YF;
MAA!X^)B0"^WXPO2108"(TH$5MB%+#K8^8QV'QRBPN-!(7X3(1^SN[1[__>SR
M]`+YX7V[KX#[N:!#,(3RY)LD1/5\SJ^W75N@*]D-H+D`CC-#D*<LIXG861*1
MB^YM36DXRXR!,#UW]3+7[Y%,?$4W"8#`9RT)F6O0YAQVD\4CD(INK##GBTQ[
MY/SP$)-+ROFM\(7ZPL1I@$3&`PC)*(#`2R=[[O<"<F39"[7]<JQ0(YI3"UWN
ME'/5OD?+!_[(`O/_(T+;/X3D96#?7GXL$H9,U2%?HXLZ4MCK`P<"*QB\87H=
MG;)0B%.K#`)UO+4MI"//IDL7,=1?F@<HMB#QXF&)S;(SG;S(13J\[6UH8`W5
MZ1?"Z!;0@G]?\&ZZ1V2=(;!CW4B`SO1]A"$'.+<MND*I,:J].V?,EF`+=V$A
ML9?B]SK!/$C?J427:'8')\QY;3,(U-L/Q]W$A8V,?*/=)M<$&8FL6]DR2[B>
M#+8L"!YSY@0NA\XF"!U>L>T"M:ZJ!%-L`QN#,/T";-NMZ[5<'/Z7*@KX9!<O
M#:S%^L%6!B)B^67N)^VF5AB79;2\A9?XLFZ.6Z[10!.R>Z#$`A,+A+6&'=(N
MJ7!F:E7+SF(UC@FNHA<,AB<^A`GK",$_I"\MZO^)_0XV6"8G:3J@/G$;`<*%
M2N-LF&)48TS)7+3M,S%!I4QD/,I]F=0$;6^UJU8WC2QQ%AJP9?*16ZE?ZPRD
MA2]\%PT@I4-MZA\<[M/JA4F1&?A[(OH1^\J/-'\4BS1$)R^EF(,Z?(.%$QR(
M5+$#W,V"\.<8#(&3CD189^@:]&:[:`"]96>H65G]H'@ZE#,K=+`[L5OY>AS-
MENQ!U+;@;1)9JU#+!J,NC"*2P+K4L>-QL2HV-D0+L*DQ`X_K^F@H<'JJ9$FP
M80[^_T.S&"9OZ%:L*S8+_1=88@>4NZA70AJ)$)T(19+*9B6\$C>,H9R%6SGJ
M,UCR]__D_-&[D-&NEG(89$I$C;CWT'[[KYG'IXS5V(RY5LT^VT!R=W/,MBC=
MH*1CS4EXC(7F591K[_*B'$P>7ZB^=V:42*+#`D=GOE^ZB:OKB"7=@_:^))S.
M4/U!Q%NA2HH-7,[WC$`(7\``"HF('KHVWF0R*!T%7V["[>%/KX_VRCD=,M6X
MYKM_U^EK1=\JIH+/.Q7'POT9)T%D8NG:>RA#D;6A^]E@:0^RVV\UZ=W.DJL6
M[<@W,"L$\N:0J^<0%1,QW39NH8)^=*#^B@W^`N(U&YFS9%V)%-WI@*B8??49
MBDSJ=<N?*-G]D%<]-K&GAE/P`<X!(.M8KUK'55&X\&__.)2M8]]K9F:0K<T^
MG<=U]KL,/D@A'M</:4(I*#/0[P4B\%Q!0F?OUQWN&F<DXV]V'C&?RY7<_L`W
M@^F>;4?MACE$:7NJJ-$C_DW#/OEX6'YIF>8H0C>?B:QR,0YWZ6K!\I(4&(=K
M'(^N"W;DHRLZ_?;MI?H,(<K*5*00!J<:5U3%_J(?1@^R0`XFK=DQ1O8A4<,,
M(71FXZC"?/94LJEI]R6P4V4?QSGP:((*S>T36]`3(N.T`5`?K>8Y*60A<P/+
M!8NGFI]2,)1A]5`PT5MCC4C=_+;9U3*3![-:.0TV%"Y)&,CERI!5V%>J`<Z0
MQ72JMZ9E=&JZ;%/K=JM389XL[//(!<];",P++;\_IZ!!@HH0GO:L96%#5_&,
M2VID1[X1VC5]KSSSLQYHKQ<()*AI4$06]45;4]7.@+?T$]X<O30P]9IYP]#%
M1<74PL6!'=(RLR8D9*%*-RWQ--KW7%6]6:.<;V_]]R,J_8DW<*?Q]G-H5'[J
MI1(WM.-0OQ-H"HES.:\<FN`$2:O,#V$O!#GRU2,=*%1R!N!"-+<C08;4O/YL
M,MQVW8TLPOZYK:^2\J^$$B>1?M4B$Q<*SU;42G8LT!Z6CWZ(P$,1G`O00;=P
MJ[X2@I(H;D(5;%KQCH&$BWK-_M80EB>O<7,QS1%E:$@'SKP$Y?0;,P!2<`U9
MSM+E=S^)EG*'/^VJ(PJFWE8.-UE+I'L8A$676"S7LRA_ZYU3!^6'B`3T`:#H
M-0IKCNYDD9AC^J(`98LRMV5N&.9`_FV8(^%TQ<`3XKA^RUK2:<L%I<O=V?K]
M=I[4&4:+*LA&Y/PF^_Z`&1:A'9/K4Z?+\@:]P\@O2&"$CN_Y>;^\EN<6PD<?
M3K&PK/CL^11I)A%W2_1QI_-M3L(H[1DVRD]V0(_(G.XA#-R%!]*-65L>&$?O
M@%AC!G&A[DKGX,X1(G6_%N+`N()0]9%.[NI?KSDY0J".LU<6B#YGHU@A3X*-
M9$E:1>Z2^=G=UU"6W.<7EPBH"X@1[DK'@H^X&=H2_1(/B?BN!('V$,*@A69Q
MA%T[[D>M<5GZJ!:]R%M:-$`4B%^/8O<W4T_2\>'4^E?K,#A5]<YU$T%B(UO=
MV2IL7%2JB("H[57VX%,S$%VLGN&7"NY\G[0D>1XI1:78`5A<=>EVY!($*DDN
M@VM`.Q*E3R,JMYZ,T\5J%C<SJ2GPEF^X:;02_<WV.B40,%8X"*8MS$F2:D[:
MZQ5?.^O2T,BK#C9=#HVL:B[3I#+NFDAVEQU1PD>?/)C6A'[^6?V]6A.J()V5
M\H)[(?FA_99F_(BJWFS'-1^K`K[@994[Y8&=AZR7-+OJS):RU*:/VB2@E\D1
M#9UVL5/5?-U&SD=W[_0%0<(T3U>9W+`8(E*6TG;L&[2$\/ULT%YYW1YWMNT*
M1X+I;+6*':$V:Q!L2?WE>$]IULKNGQWM6T?%Q=C+9DL/<]HW)RHFZ6:`+"%9
M31G-ZXDE02&RONHV3Z(G4EXH5#KEOXL8R,LCE:)K5[!2A0@C+"AH_T"NE^?/
ME5P^I[5IR^T\/$E7P%H3WL<.,#5SE:8ST?J_EZZ!&4SGB>9@RV$W;S4)&P*$
MK;A824195GC5H$%:YX3P8.F7&*+`(;:5WD74`)0#+'&7JI9_P+Q9:P(R[)DW
MB14!DO(L9&RP=\5+!H$G8"9U`2R5(QR=V6&1[;A+&DZ=1L^VCB_?[LFDF9A-
M3D>MR!O(^L5@,V1L)^0P??G>_*R342P%>XB,D2ZL56XH0T$2X>\$BG`)'%'`
MC\P4K9;+2<>6Z(L-QY4PMFA1CG'-@-X4JJ$$`?R7D8)L.!.!AKB*`%KR!6+4
MH7KPHKB\,1-!D`.*<U`G(;HA:NJ@U-+/P,?C8HO94/C#!.%K@B(???'Y]A=U
MCLH"\Z.[]S[I/\U%$UBD5`[O:RZY0?F2^>%[/@AS_Z.[#^Z5?,F)/FT'F.?3
MV*@F$E(GL,(,3TO2M+,AT?%P]_1(O?2QQK'I,CUM(\5*#Y\CFF?DP0SM(BW:
M_$7I0BU:5D%YKZ*%[G#%F:GWTTQ/)`4F=QH\K_3AP=(TFUU3>/'E!GP&><\]
M)NO-R5R5R)8X\S56XS;&]I)K?HF8H&]Z5&BRBV0P^Y"NJ-6GE`TLN_]_W=EY
MB@&'0!IT1_$Z*5\5UVGTET=GYQ>WN<#Z>.O9MU\]GUB;%@,P>=,R^F"PT@\B
MEY"&Q&"8F%FSO#W6+_[+C`L&2QZ,Q&*0B]54XS`TE-P51FN6%J=/F_74+G<1
MD)PF9LX#RQ:5FN7Q0F]Z=7Y]8K<]O.ETUE/O8/^.*]76U5]`5WE#I<,%<J&5
M!.\0F_V1+:*">1]L-BW%>K310^Y%Q,#-`0]5UT`%Z>[9W]'2FGLP!VF@#E=Q
M`DGF-*HL[4F%L/:4.QL0OO"QIFG-5,UBK9&M.\69S2`U'.[@?MH":ZE:7*)S
MIG*NW"[HUEQDGK!I8$H')Q0\8SAK@@$A;-NT$7RV?_E6`26%U(=C`DD[C0\J
M`PO-]I'.<2E<@8=.XL'>(=3)!I`Y%UX-4CP+24(YMB_GTH6VDA<M@2>"TEXJ
MU@!,D@LO(][3R<*Z:XV:"[J!X#4D0!.=;A#D2^AFSJ@<(P&5]]A#J^13^(N?
M1$2MT@_;1Q86E+/:E##FL3"I-<8`[+A"X]+6561HRAVHR#NVM+K!ZX<V=6U6
M+8D&_U&GIFYZ?7(`PJ)283(T(I#*Z"*@VLIR&$A3O8/<+0D\CW8W<1^\O!91
ME$!:P\`:I3^,PJN1KGN4#(9SM5,[,2NQT$YMH)%)*GAYIQ*:8\RSW#:P4">#
MTWF<\F2+=W9IN.U"&5CT[)3,WG^"3`Z^9/8"SG$@_H=_TZ]Y*'EU8"-EC8"L
M)2HZ!<552-7Q(<9_L'WWLX^##<^YL2F.[>*N5/2Q17NCG*@9V$9,UQWK_F'N
M[8=_B^&HBY-1Q:SWMN_=^5CT62OSZ-=L4630+?S)`DJ9+<46[%+Q:BN2N2KM
M`ZZ'<W7_D%W$YR]V7I#%ID#1`<A>$#*JA":LH.V!96Q/P;;GH<)`0Z=7&ZXV
MZD/#5#!/K_=F\8N-#0H99:8B6)?[#\7A21)J3"DUPEN@%=F@RV7E#\(V2$<)
MZ%W?EFF`MO#DL/HD/<L3]W+BDR6I=:'LJK7J8!6DU2MC)@QM+PU35U1PZ2HT
M!FY)H]4%EBQPUD5QJQ'D<^1*;V\4T$OQ8#&U@#2IK29J4@N<'71;K!''!A8<
MX?),\E)D#U&A;PZW/OO+UF/==/NW:MKZN%V&^H2S16>7)@R5;"5<#E*D>K*A
MN\82G0,")ZY@[J]KGF&!\\BEC<:'*K;ZRC5JSQ![.H%D0#UKB9JM&WW9?[W,
MJU#.%Y>GOI@I08_>10C<W:4B_\0BP"-[7Q4V8Y[.\YYEU?Q>EUF&K.](>D]#
MNHG4HF9I-UA<"`#/SU`@6\^TEV]I:G1"BN;DU<^M9&SUJ;.*!"CP0F]SZ.54
M7*LJS3839O"NJE$E2AUAY>C+X9N1I]'H^HH@T^&%`C'INKQ1@N3UUDL5!_A2
MQ-#\)!I:KT<4<S_^$1<G@H1B@2&P+TY.4ACP-L@&.X7;$QB8DF5[(_\`$3))
M4&*A%5#E;RRWR!-%])AR?PA-MZ_B$1SW>OPT#RBH8G,>9GCA].A4;T<I(&>F
MSBCNOTU8S#[)$;?``4%U)A^RN0T3X2\,6D/V12R3DS-$L/E#G2Z(G.BPI@12
M9A*SU?FHF1K@8M160FSLU*9[FK12DN`U)NEAY8;J`/L-XU]TK6,8<%'DOA*?
MR/3>YVMX?'-A]C[!MTIFD=7;(A^#39Z(%AC$3"'12TT5800F>^Y*9*G?P*:M
MM;)>H"7\F!$E-PX.5>B.Z5^VEM(]BI<A:XZ(&)E/A8#!33J_.45ET4`81XM=
M/K=//'C")<GF$N_%3$:%#!@^_!!)TF68A5!V8&5GKT7/I+&EOT2FWF$*9AD<
M__+HF^\?VM@0=3GV=G";&C*5<\NWIR+%35WC>L2'CY[KW<6FM9>!JH6_^W=N
M/_B"5BBD>SHW!:HTTZ=W;G^^Z3$>01$*R)+5,.*CNZW0Y=$LQDC$%466U"!$
MME59V'YQY[^N+BDM8=4_Z#V*-2-*G=IG]\W6HXCZ??].PD2`>_;H>X.-LHPO
M'GP<.J%-%BSH"@%>AQ"UE*#8)D-@))G9<D4;A*@=V+ND>2[IY<:__:%S6$;@
M=X1#'8B]?^>6[U;0',4?LV22G=D9C[0Q89E&\R4*(ZXF4(0/-<?V>MYFV+O0
M/YNPQH[9ELL71!_F43&/Q'Z^0?P$94(0+O/Y$*K8L5*">C,N$`MJ,</K%J1J
M&].2T;?4"XI,NUSQXC6"$#!R\X>J/RZ"XG+YX858-`%+95P9=E`ZTJ4D_X`7
M)*Y@I5BC=TM"04)VI$>%WBPAQN3=^CO7X7IU4>N=2BDT*`L7L07JI+4]+J]4
M2X$6HQ&`(GE9P+!N-SVL;H9%Y"Z"W$-O5.3B8JMI$(J<1FUAO357$AQB"N\F
M5S];L&#25_R>"Y3/A^\<D-XV`6'=E2$Y%2O(QG)0%V4ZUHE\-]>,>4Y#\)T'
M;$?#0FF?.N>F=U,KKH*A`XWM*LRJ#W[)=DU%YT<_25G%D6M"L6DX9*R*@Z$D
M11QQHM(:8B0QOD\]I8APF8]#76LM3?FWE4ZU\D+BKI+.'B<^I:0;&??#J[("
MH7JT#4O3/2##2\KZ>!7'Y'V(W/Q4.^*=>P\^-GD[E964NT&\S$II.$BGG74+
MHL';ED207;)\4V,R)9M5Z%#'W3M$,[1T](48'[J#:HDR$</S"RSR_))CPQ3*
M603<OY,K5@50R*/6H*X;C@G>-6DBIM#*!^M$!OQ]U,\<6U>,XCD9YIB%JSK7
M=D&$4AM45>`$=8`T=-^/X3)NPL6-H^W#[5NL(M)7LC(\6HX.%.YL?R9DU0`#
M'JV<6ND3^?U/A/YOL1KX]X.;"#NU"@GP\=EM$W0)MY0<UU%H'9&(]81XM.&L
ME7TL\\_^GR;L)8\1((J@A9$GN">&Q4'G5%%1[JZDJ:Q/PQ1&.E98#XI&ZF3Z
M3\_K0Y/&A`NC,*S+W4H5.B2#0P99.0T3W$J#S<3SE2+%AN,@C+7T5:[,TP(I
M,)L$&=R-F229I_:N%"PQ^MQZX&:"YC%,)8GW3+``V^?D[,P5<P=GN^^L0XE5
M_GCRYO+8'N8I6CQK=T/BBPDYV/^F6:O8Z.=1O:$IT+B]!&+7%Y&9C72]/,[,
M.>.1/8V,I\H!H(B)1*A*ERAVX"C.Z(ZZ?X!\`L+/;_<N20U$VASB,MRYT(SC
ME-.8`1'/(,,+-]I)JBZ/[)J-:M3."O61"=JE`UFE1*DR-0QXZG"R'Y8B#&%H
MNQ^H:K3:K/7Y;#$-`Q(TF12&OMF!#:,T(<KDU-L(CM`<$@1JHVDC@]=;/""M
M8Q5N-RL7)BE[2W2@ZBD]9-)$S]XAP$)F$5"`*^%`!WCY1L:R"&#ZP`3`I#XE
M,!8ZW-".RV9!^-6X3RF2"?OK&_P>MN!T[QXE(5O?NPST($(KLE2_>?+5]\_"
M^L]V(46D9*(NM1QT6NO#037*X3FB[+',/"(T@_0&`0TJ@:^A&HMW*86)H@AM
M,$O7,N>,7-ZU`\$8$;$34*(+#F$"^6U'_Q'R"_ZF<RCOG9%07W]F"#J!P.I?
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MS.*#];^I4;@94-Q_=8V=WJB0$XPE.XR)APTS^J`!(EO8"RBP?7006.B766$I
M^<'[WF7G'<*R13BZ#K]?N\4K@DPRG=6."@<)V4":A*9925>V2QQGL>I'OH?H
M+4F04I[-#!\(SVKO(ZYJIK&*:6_UH`O_%MK@@ZG"OM$E5M=V>I-;ZDK-(S';
MD=P5(THE@4KGO*2`0::6F!=,45;L*1-#*F:0FF?I@T4'+:0=99--]/+_J#O3
MW;R.,\_?"A$X@`-8<B0ZB[,(4"BI(XR\C,0XZ$\#;I(82R2'BV7E4U_$7,!@
M+F4NI:]D?O]GJ7JJSGE)RK$SZ<9,M\7WG%-5S[Z7TL,(+$W$H6\R:HW0ZIFH
M+;:]":H-(*G$XR7QG-3J+.67X<+[?^NQU?">5=\`4<U2IS=A9?7T+*(H$MO&
M/A;N0EB2<A1D99?0;!AUQ+>IDW*RU(NK$HDJ7HN#AV&0^AZ[J)S/;8=<0?#?
M="H'Q#X$?,9RY0K;5I`[B[,'+Y91U.S5N8[$NYF'3T9-$U;6._;59V[D1RIW
MIJFPX%(HQL.`OU-FX>SJTJZ?0N^GBB@L3KX%#LUH:7H%]D>C=57#RTHLBZE:
M)%0T,:`]JU0%BL(0$#>SOZF08@8PIY6Z9"M%ERV"D<5M?S;3R5P1CYC!2J-U
M:U9P,^$DEYR,G:[%P_:VMB@TYC:KK;)`TF.WGU_`=WOSM-(?0R$Y#L6Z+2NJ
M/^%&*A(J]?"K^TT?N![Z]6^;PICU4#K/@YVNKYSM8>Q(^$2Y@PL*E@W#!+/8
M>JQ'@(ZXQ,`ID?L*M6N4V[WM5H'NN[_W>1/Z\^YO(?LW:/M/T)J?-^WL"]WO
M"YL\<7',D3D5-/4TO:?T'%IOC(A?H)(1C!=D_VW>A8][E^MC@E;J*AT.O0/Q
M%]&Q+%+($9X7KS75<''XC?;!O>VI#K6)E%L?Q8_\(:=9;.]FO;R.FVUP\^O/
M.BX$V8^VV\4_'D7ZKXN;WT[,V0[Z`P`X2_V0/>$<#H(--15F2A=KDJ;7<2RR
M?Q#'9HNXC[[B*UJ*6V$]U5R>NL<[B'Z$>)LD99]*-Q'-VMY(&>MM&[K\D.]A
M@_!A#)1=I'"/4(ZRQP>7-4<[Y);Q881T/O8@9M!.2K9NIJ')25;()\P`@J4)
MI'XL$FD9[/9XI,?=F!,?1]K>V[DD0M>#+[]P&R'V-SGRQ>&6.]W.[J[T[TVT
MM$`0'IR7JZ"H]H]HRF#,7>0'@!?VGZ75FNU8+$Y`^<7QB1E?8=;9HQ58PM#J
MJ]B$ZJ5HS5RH997S86(:$-ZJ)U<.N\UG3I4ZH.KNUC=ISY8]^1%+.`4\F6&(
M#F*G^OAU/HH3!R$8:2\>EFN`4F3@PNHQ8C7(7Q^V@X?UBDTB/T7P<]DO#XJ0
ML.7,>'Y-[RZL@*?=`/DBDL5D7@B*3BR[;A'LDA'`\([!8AH#0$#G,HM:YBQ+
M^&6F/](>"S6M2:K"CQ#RAI%1R.2(8^S(+;C<>G&%MRFM9,U$I5&-GE-;TI17
M)FE[%^\<BA40V]K%'CF3.T3-AC;AE66F3O5XW7;0,<Q>R_$F6#W8Y2T6QI"`
MV.P\L7&)-#,-QU,A``=C5!:<E7:B>"&28B0.<JHEH^__\I>_N7,?AXL8V&.O
M%FC(W-4D7<MY__GQ%UZ8.(K+NUOC9H1%Q`A<P=4M.,`3!!2SN[@P:#O]MNTU
M>4*'*1VDARJ1G?8K7M4'B06!!([I0AHF52I39RU3^,1,+8E(%(F'=>49,1KO
M[&N!_4!0!%M`)-;XW:WG<PW=_7N_$RZ9`>$Q7FUFQ_)61)/D^LK4T:+I%9E(
MYP]#]:.V7S:Y2J8SEZTSS[I5\9F)SF5\YV9S>OLWGX_AEFU*.&[N:Q3/C130
M^,-94?H^VW_2W-I3Q#S'8,CI2:@*AF>R'=&%*M4A(V`8IT'X4-2/Z?G0H[X@
MNX=Y>'9Q[U=KVOUP$W29#Q5+)IWLXW,1.A#MX8`C7"S_PZY%.)`S"X/U`VW7
M!%)PLI5\AQNY%3<+KJ-?59"<:,5L7G*/<D$GK^B==FY"QB74M38N,03I0M6I
MUL1'!),9M$O"Y=-6_^0JGDBN94;XH#]'\(!XD:J'.-L*[6[\6N%]]'8`#7C!
MB>#WV`6]?%Y3H8;GEU?$R+OEHS,@RSP,)^6E`%,PM2YT!DH??7:OF99\PKVU
M1=33M69BD`U82<G:+M(*LX!O*'D-I_F],-U.X:BW?J%+9:<!EL$[\=O!%)&2
M,[0NV$#;F4;>BH82XB*"$K>3;/T[H\R]&=64@_>7*L]10F$5HCT^TRIC`):0
MGILH^LE#YGH]%8O(L9U5RR1@`<XPL>*FW4W::UU8?;G2]0*3,$09-M$X=NKO
M-"C4"JT]NA<Q$$MS9(`)6\4;)C-(Y51?J7*I'\O!='@F&GAL%FH60#)7ZNDH
M,F!F^7IC3A(,YE98Y:.H"PAC)U($X&WY2E@00.W\6ZAYI.2\#HVD3!@K`038
M-@M5(];1SHUHQ*3,LB9M/W7A\MS8OJ?H[@!1_R;A)<OLB@\1**U:A="@&KN1
MS.;Q#X="U^E@BR2,452$'WLZ)A\+XY-%3M7!"4QLEWK)1+M/IBX!$X\-9.DP
M()^(RTRC1(J0V8I&I`MLC(&2;%A#"&.B$>IMXY#L?ICW*$$6`_)22K/'EKM!
M\/8PD#83GIZN,TO$6&M=[XPKK%;"VSIHH=0N%'YA>VJ`QF,E1^<RJIO=03C:
M_9OC;Y&?KT]U!:`<+M4&%%2)2H2>MFM<.22+;%(1HKZ@$95<3^!ZE9^UM6BG
MYC]YU]"K:J#3,]<4P1YD'TSS]LWK>Y^B5K#R,/%0@_ZU;MN""V\<TV8'AM'X
M5$*=MGJBL<G4U*3L/'00VD"HPCOB7MG$5`&U13$E\D0*W5H&&&O6OTOBQDH.
M7IG.1N[`*9H?,Q>`+9_N/Y3D<UD5Y]4+UC$[AL2WF+%,GE*`/3X12*&_*M>"
M#Z,1C7\9+W^G8^F=\%L^/KK[BGJ:#FTG%3U1212!U!R,-BLJ2$?!9@C5E+C9
MHV5^U!435Y!EH4.;K/I$8!;_T^9]LJ4A]=W&=?5>&S],^>G=$PT:)@L*I``)
MO*$[1=@8@,D*,^2)N@B4`/$/-=XD\G'P6LVI.32L3[)Y,O43/\<@7+F19EW5
M[`*JH"T3)W-S\FKJ93U7FIH#Q3W,T!#)3Z76S*_Q_G!RU@_OG.W!TL%W^WI[
MS@[P93&=#68GYPG,NH9NQ;1#)\<P3<%(0:PG"U2TT=\1QELT7RHVRIE)S#W^
MRK:DLH:88BXD?JY*-OZ7_4:IUAB?PQ'*QA*O50VS@Y*OC37>GUQ;X(TPVE2)
M;4*H63-F`=^B^CO43ZT<#L6#DTTMAD-H679LZ3+SV#2ZU%)D2$V!3+DZ+%YC
MS5859_-/_1VK#MC;NO_94))VO;9*N0X4^QP>4`BO).K]7M,<.U9T32\7:';&
M[\S(^'V4EWK`K#B>7B+F&L4K==N;(=3$\0/EF""W`!&R:1.&6NY4)DZS>ERR
MID"7L00$]][T8OU"0SX0'H(WB9IBPDC6JU$[P;GD$$'?N)THB<M#CAM*;MDS
M,F][<6<=<^'&KR\`.YV\?=)9Q(8F"0!&S_BZ&:`+%;`!-EY7%6@9X&NL*62)
M3=TED)0KRXJ1-W<<M`V90$3O9.^!G1S+POJ=6O]!MU];$-CG9)F47#(26Y9"
MQ%/_Q_H0EE[;;/X]_:`NHDGRCT31^5&`[4:ZR\ZFXB:3RL?2FI)+7[/(6&DY
M'#ON4;C`-PWND_`',/FFM+-(NDV&@16TIJQQX<5F,O"\=J6_&\HZ'K)'!`62
M5QO(F\'.-S:?"OB,G4MAX+*&SUH,;#'DC:)HN;_()8#;^2,(5-MP.9$?=?$@
M1&DA98[8"ZHX6[1`&QR&F/.(B@I9:D,PJ+AV3$&*/L8]9&F&T"U$85U/*%T,
M(+N`F.#<F7A1P<2LB@M.M'/(/.X3I[2IU)F*/^JN,^Z961HI&^)O"RKS:Q@,
MRY$S]:HA-VD@#>(8TC0?W?]U3YEA)3F1J2]U'*[B95/6_,PI9I[9_@?6_ZRE
MST';#>M?D]DN25DL<9FYV-QR!>2C_9AE6;_N^5Z^+NI#\0B;MRG+6@?KYF.I
M*BO#H2W+3:S[A@/.$NP+^1]W"*%#5EL[C[Z"1'>>/Q91'VYI*KD/;<6`U6A$
M2,">67PDZQ@SBQ@]O/VKIGF*8YW!2L]-L&F%2V-`C.)OK*2+;XB,4_5/&YR\
M'4SZV(./78)Q4;-7#*^`9V.R@'DE*L(=<XZ8-5>7M@>Y""KKDUO`!\QJ3N+J
M"W^R]?!/+P(<?5F!QP#3'[0IA\:UI:R78C'4(?;(<."H;2#<S](@Z@AYB8[J
M;FJ?"&1@M#JXG%0B27[`B_BD*+8V:JC)W):;ZE&XQ$4H<,3(6Q']RGI+6=)J
M1/,CT,1XF@,*@PBP8'-U%.QHUI*RKTY$!C^#E]XV(-F/!AV<V[]I%*;%+<R4
M!;=1"*@XD/N(PJMTD^2H`VX%""+5]2E&<?3J?76>;S2CP$5-?RTR+9__#K&6
M0*=83T<V?[1E6+"A_>8+19JN?*(#L);ZJ(MCB0H%%8/:/(\Q"R&2N:CC^;5;
M[/D%&F<(8YB:O@9HEE+\!P;L*,JQ0DJ.IX%T)P6@_AT9"#KE6\-N'TJ3/H!-
M9&FS<*#Y;AR93D^9*MK8M)'DG#EY]:#1MD:Y^LSG(EK@\5*2FE1^@:0]/'QS
M=$?Q@:/+3\TPPJ$X/1/5<@<@=-SEA)%ZY?U;R8/;07-QG%UH["42\]1K7SO]
M83]M&GDR$UB-S@2H)771E'WL13!>1U96?$#3"6O=!8?@]@`"3*MUSO050D_1
MM^5,L>I+]C#BX)&VV4%)!'5>!HKJP*8&FL8AHM@\H850NS$Z8_:`CYXQ$Q6Q
MD+/(Z(8<(K0ZF'23L7/?=\1674GPS,#5HCL7?1U=5H.JZTH4]B/3C8%:*CQJ
MX&N?;QL\`S:E]EDBQ3RJ0G*_6T2J'VL.;WG"LE[!C"YE/7!9AO]G6#?#3LCE
M,MN70('-@3\Z/R-01UQ#8CBBW@SPBHY.@`@3]0L%P@P6`"-V@3Q$`I^^8L)O
M4V>+#^OYH,"\,5+K92$W]*317X*$GBS!?/PE*YM=\,W#CD#W$UK&1,>,<Z`C
M/.?;`Z_9%*?EPY.AP\XDFL31C`B3P]U>F+>QF2AGYX4CRAUB1Q[FA>T*]6`^
MJ4H7OXQ:[8<^SRL,T.SJ9!`MX=^:JN&3$E_RL`!<WV2*8=/6`!0'JY[:<*=Z
MR^+($=*84BJ*3,=;R[S)^K$?KD<]C;*6%02(@UN[,O?N=5="B*-%I"5IQ_BB
M_O4&;)IUJ).:/R13YD9UE^;+-0TD][N'8-NXO[E3!?%Y@RG_#[60;'??#MP'
MJ6A/M_%5?F2XX,IT]!"&M[G1MS@_T1?MI+5--".L7SV+%ILDI=XHI$XMB%(C
M!R`<[GW-!15&_7*"#>G-*G4SIL9ES+WK2LG9,NT]UM"`Q@P$5+$N%IT]J&=9
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MW!0Q3-]<Q^03"`D%`*V(G!I/01PC%68<Q-*'>A1"@K,M;R*ZH<$U.X[,U)!2
MX9DQF6:2/]>P`-ZT2%$0+1H;AHC9Q.EUS1$=G7V3S^$F(VD>J[RU5976[=TE
MRY4F`>DU,MU*D(S#7D"YXZ@I?#*4`INI!?QRKP2`!AY`MQ-)Z"U!M$Y[-0;T
MYIWGE#HH48RQE+`2LXK$C)<EQRSB$<0UE(0JUNPGU3O-S<`.4=Q99>=MVC37
MCX$0;.VX/U(N1@'2!Z(F2=2VF/N^%;1%+P5>,VX7X/H0NM[^">CZOH6:ARSQ
M1L*6_2<)ADL@GJP6T(WX,$BNW251<.84,2.]4_<U9%B_LG[50[]I`O3,:*FO
MUV,A%[(\NIJ1C1+%J@.=66A+?PT*JB2Y-&\?[%#HQ*DGHYAJ;X21#PQ(QBMA
M0SW?BI\DO6KH")WZW1$#^2VT$E>G9IF-)(45@"`2Q'?:)\3-56NN0:,_"LSJ
M%[$,-<%_N[JPPF'%L$(3I$<_+"Q7R(/D?*R'R>0QG*+0O!=P;&>^K:[_)";^
MN\G9K.Z;P&1BY:/MUD5&W]*OFC5O1^0&E/:'T;R_*P.DRUB#%DXW%\)83LSF
M?/1:EPZ82=B6"M99@SW8!7/=PS=[1>4OU\5B5BPMQU6J&B^Z?W.<5_E6[)K'
M"39:7&LCJ:R[5[,Q]>!%);4=?*%7!&J/Y@Z*!SM^C?8DZ!X\P_&?_[;3[H.<
M?_E("B"*NA<K/#M]-S_OM^K.?U6B8O[;E^URD(Q.C4^8H=0?<M'GC\B`^Q>U
MX=;MH^?M)K_%]##8%R%(,\)X^LL'\"XU?EM4![I]/EM_ZRO]FP7;4GCEQZ]P
MEIH%-"YD8"9VA>2PNKV@MG\-$-]?-9._]DL-]]Z,)[E\X(>'F+D#_EGRXOS0
M,]I)%BSE;WZ=`;6MY\VV&U\W:#V*R2+F4_GO_QK@VEX%UY<Y-86\6LHG)N2;
M>I?1?3O"PF7!EWAH';_&B])+K>/<0\E[K[CYQ^X[1=RMR,P6A\8N)69U0?.@
MYT1\PKOB!,CYB].K\P.):*YARO)#OL>$;UFTPT6^2=,+?WV=.3Z^KS,\STDK
MO0S4^".I*M0S1BZF1V<;J:`((=CYV[U&U4)(QN-!#R>/Y+/!$?YX>]I7KX?N
ML:Y5XK:];B;>!5S^JRF_[06G_G2PFE!EH'IEXG2IW<W/Q4BMSJOL<OZD9(JS
M0S4/,PPELXR(=9]-A.6Q'+<<.01?MQ/YPW4#P;V3]:UN<)XQ0;`6S1HW$EJX
MEZYN_3K%M1R<FS\W>A\W5)W\-'L>G,B;M[@9[SUQ%.)2!GU#LM'`#\=Q^20T
M@04@(31BW%`S/I=T!/*\*G1\8Q.\/[-/]1B]`W[U?%",%T`124CSED*,E&P+
M2I'+LN9?.@5Y0JU"J9RGM<UZ.4LTV[9FF"C`H#3N.W4K>PN<$WNTPV'?$!T6
M*;-#"5QPX@U=<L^*<PEH#T\9'6Z\Z0T7=@T[D->3=CCSW/;08-;U0#<Z"HAD
MW_DI&DTIF%A3HY0/Y;A%Q&%-S_7OI6U[=^MQ3AK/\PAPP_>;S0$X^CVH!5X6
M)O)(0//!V-C12W2ES\&P"9VS:SJ)+_4^HU^G*\GGB\WUD>G%_L@%$+EX:;=2
M<8CFV!B$A(K8,[W-UD/[YI1,+/4Q/6D'5WJ42D\');<(VDC2Q`HO]1U],YUH
M+DT-HL`E/[IT(NNA_P*R]M84_>>#I<K(+I.W9>F&VWB93H_=;>:]<>\6+(_;
MX(%GVTS?ZBH+ECE40H/SA8R?_MX:>F0Q<?FB=948W9''V.7]=2DK\KM&#$0/
MKK$'!;^4##@7P#$C65B0@V^MGJ0($*4TC`1:L&)$R2W]]*)?#X@54XDO=1M\
M7.6,AU'8F$<O2J5$YTY[)JA%IK#X#OD.-\'?<):@7+\I"N[;W_-@CT^AT:OL
M@NA%S%J?Q^=Y*4U4256;,>1(XR*B03O-'\>/N;ALMW+$?N,L'X^(>.^=/_UT
M\;/"2?6,-3:A`\ZQD%'!G;E%<XORD%6FF%58@RYNK1;G\X,-M:`"LWEF%?W,
MS[0)#HO'B;EEZ'#Q6PV(;WKH:4N9K<-T\5$6['B8J6Q^^GE)R55$08!7)R::
M](5E@.?F]RKI?\"JMJ;DPW7+K[M8AJXE%_AEQ$8,=4\`R:*@##;ZU9#O3D08
MTS3%$!26!O%ZO+D]':"4?((Q;=[H]`']_:-[?:32)NN)^+_A4"!9VS[U"K_M
M7]%7_XG[O__+%FA=N'L?A*/)1-Q,O^L9N0;W`'(%_XG256/^JAAG$D\J^9:&
M6\F$>0^")#(*(XH%]*BJ^"PU9*BMWW.UE_D!B.P:9N1*/W1^2S%&H#G?M>]W
MO?]CY^PFGEQ'EU3X+*,1F]W/=*M@50DNP`Z6K-PJ0_N#+SKI$R.(F]3Z":4+
M@UHT/2].6?Q56=^>])AUZU+M?:(0TP:UNJR?>S%3V.,XZ@3D!U_U8.?TTSK\
M_\UB`'^I3OOTG@<>YS_N*`XY__'K##'./SP]R;N8EV'V#-O-[SQO'L/\BPI*
M%O"?'UHA++&"EX,>1+-VZ.EJ!:W+0EF?PNFUQ21-QC`%:%P@E&2::9>7Y\>T
M!)A1AHN@#U-R?GZ4Q7#ZPTRN&56ABJ!_.__H)8##3_H&XR',L(9>"QMU+SMU
MC6V\B[3A._@@;12`$7Y??=`6BG;J$^;%`-?;I_U6D#!@=W/:;X,^;GAP=WJ1
ME>BC&:RGY.K"7>P&3(%N01)-Z2T-4PG9>W=_<__GOO#=;=WMR?/15ZB*JP6H
M>N]94RU0PCX!XICY%88SO>(G1W=L!%KD3(0$`?N$7I+<,K>JS?1?*/!9M0*?
MPP%VFV"2]*9")96\S!]U::'OS;^L_2TLBOG1M@.3?O.OVM8.[;2+%3`\5H6.
M`#5_!'#/?\I5%W]7\>S\QX>=Z,>?+$7R%03R0PNN?J-**30MI_R)ZZUJ^=1X
MB*R=^KH9!D6DA!<NW(7X`/`I*&8J6]<IN_!/VABR3V9^<L?<9&*0B+C%J3(\
M<S@R7D1D5Q]JLFB*"V[?RXT:)]93=83*]?W`(&HT5%GJ_VRJ1)+=AN;O6?UV
ME+"VRBZ275-<=\MLWI/9IP#AQB"V)JID=G.#.8&!+S"7?5297B"XL3QL87H_
MV"E:X(=*E^V)*O]UB0GLW`(A`O+F6/&Z/[>.E!5XQUB'T`'EM9FY4KO+45LU
M;V.N2]/52&%+(Y`UL2"Q\5$8`Q$V0B=9.EAN2@Z3T;J;&;EG8RW2K)M=W6^9
M;/U;F637.&L38<>VS2N>X@N(F`A]A6:=`3<;7*D??X#)=]V&;V/[-3D!X6F;
M!1N#;=:>LPZ0X:=5,9ZT(?>EU6>.KQ4Y.<'639A6-_?_P=Z;Y$450D];#$N&
M"%GP5@!@LB_^'73Q%X\[Z<FEZD^T?XA9M-.A.>_Q].7\E[Y5<=K\:T'U]-.Z
M>!Q/%B&MZ<T'6FAY4A4]W-X$*!3SXU@!US$)DC0`L<K*W(@COT86ZF0/I,[M
M"$$ICLU!GKJ[G=XL<K;JS%C%BY[M!B2%\KB-@&U;+Q9\NPA.Q+H35]7/\M:-
M"5TCY\U:9JDY;D'/LR)^$+;R3$9K]OHZ5>Y.'M0UN$Y#D9+7AM7M9<RJD,,/
M1BA5R3XML]@\)-OZQ.,0M]>-".XA'CL3"K$B&MN/+CB?1M>F]?)`*6975:=?
MI8%HIT[(C,J<V8L+B.MK)7-*F-=$"F;FQ3RBU+.1;7*L?(HCQCF2_[2H8>[@
M0O-[F^#FD$/DNYGJNIPFFQ&2C[J95PE5)@-+Y20+5U$Y+!N[8RSV+]"^QIRM
M(4XC\L)[HYY;TOB3/7I=O[&K&;]ZN?6D-2HA:K-9?J;E\LH7#&VC8D3I\_FI
M+PEH;?WF=UOE:8YW^P5HO:&PBG3L'A5>ZMWFVA1%&][V)2V2J+Y?6?L^5H_$
M$;TZ.96(!?-M_#`:)C7`Y<33PGA+S&?ARF;-VK,V85]&0J]';2)8@(MRJ(Z=
M=M&\AT=JI./T'2)H>A7^<#JSL<40K7HKG8_(7>_G)-M8N.R0++]UH1%?D3,'
M<=D48$0<2_!1R+77[,$)(J,*&`U##Z-1^'58U@>`3*]/@!T3U]Y(Q^=-Y&;+
M:H9T+'A2.L5K486VRE=/]^6-FO$;Q[*I?0;@!CT&BAI*?2X7.!YG>0U#1>C>
M.#]D#IXZE;T"\"+CQ5)D&H%%"<'_O(+<8%9N.QK^8CL^(=S3UK;,D>F*/+0+
M$W;!:$(U<T/,H!JFHIACP+/F:D&/,:"/,?DV$4$E(&^/P*WN0?!`MC8612KC
M;J11<G9#A3I_;N-B?8A;!=[Q"9-X.9Q40X#YFDV4"P&B-;VW11M><BJC*$N$
M8^.^_(I`83`M7?DV^"R5I(LKC+@U0;GY:3E+9$BL\F1]$F8CS44WF=78Q2@1
M`?/5U?&A>5@"X,OVWD#S[(3C'9-UE\QX?4R+P_G!Z_>&;X=@FXOFG*`/EV^9
M2GF[Q\52S(;Q0KTE3<>'!!GBP\M'KTX*`\3#J!]'A!:T58Q=;:1NYY9\V%!,
M$9$&%W2BU8(H`P+^&@?VU>(UN10N7O3MD$M=PL39)$:K(/P@,=/*K_JN"I'>
MW?K+RM'KMA!3M7:DRDZ3A"]!6QN64,DN5OFAXG%EWV4&Z4)*=L)!(F2_SM_1
M,+2W*=^@V8HV`('11*:0PO))O/OM`QU?Y38"<;&5<+DGOZ@V7S<(GVF6[M:]
M__R/_R4U[6T[?6D3?&9^'$"T<#0%@Q3ZA,[T,8)N5QU@%9GV0-QV]2$GH=%D
MTLV!%,T!'T3HE$6%S7;F<6'[A'YOFM((]M75&[O$N9.,=CAM,B;0J85*,^LT
M;EG"5]SR'3.JZ9Y=F"W706I[`Z2"P=I.!U85OC39V"M\X%AZB1@K+TAQUT-0
MH(%6$V/T=/O.L&_/2*G]4^.CBW0IRI>4AJ%T.]&ASZ4Z%SZR^&%=0[\S*\)5
M.B1:U+%KCC063*%`;VD!0L+EEEA36,327[&@5S0BS$#6UN71P>N38[2@9OMB
M6J&O.EY2_/'G"KZA+K'J-8GKF+*/6,JMMH*Q`I^FJNIR?@^MK,LV4448"9V#
MXET0ABN.[[@_(3L:1ILD#B`"M\D;9C:NP=GJ#YLUW,]DN(]0(O*@));`A=\*
M#:`AH#V;ZJ%5<CQ:S*0I1L(GIIR.OM]CDCRFJ$2W;AFT^*-I3F*'((&_>PK5
MU:E5/9XPZ%]T(]OF/5*]:[\6_G>J-:?&P]A$$E5M27<%E$P7T04&,5%$,XS%
MJ#JS]A#+V(C6`Q^G;_=,0BCZ.6"(<H0+8`XWR`=B1_6_%`.8S.PC6$)N@A)]
MIV"_"5U;TPP+35>.!5,L(;V@15?-]BG)NTU?,M!VVBN+%5;4!S0]1WXG.63?
M-:LV*:>OO^&`F-R3SF5A-!I(KP0;`%Q?;([]/.C.T$-9]8R`P/NC^5.2#Z\F
MAL6%E)B[<<K;+M5Q93:_3<&^)F1`ESI1`K0[K<H:0P^B/`W(]`Y3TR?15^-^
MN$3QB^$F*V$Y\%DU>OV(U(*$DO,%E_(<:12\F-IL>R=`X;H;SRG#Y$MH_*:1
M.A77W^+<H;'?GZ$FWKQAA&<]#7&.(U0?ZHTIS-,7P@5">/A7W&%P]M-\I<[@
M/=!QIG24BDBY#)JRB7U=)P1F]'^ZM6QRV(V(A*I:E(^XSDU[`S7I3.I\L@#L
M+.XPA/QUNQ3<3)L>CBU6<S=).O;B],1L>7W?<P]&CEK20'W1;%V1MS89AD.:
M8)U$-4H_QLWG"9IGRM#LXGY)Y;OL=I8>:!^7R82IUHM)`&`(.K:;`,"])^M7
M9'^7<<JB(:'`DL4'9_0Z6+5`3H(OX+6R>X,YXDL]N^?""OSIZ&!/%G^2+Z2[
M:X7)RKGU2R9_"-1``)$4U4#=(_EW.4[)VJ?Y-PK.8I?OC\5>,`GT1U:`B`0.
MOE]5YUATV5M79!P64D<`Q5P+T@#'";N1="3JWW&OB[:M)$P<%-Y@EWY<$8A"
M?31I8+B($E+PPD!.H48:_05Y:(3/+IK/&Y^"0K>NSH`Q6+-73"KKBPJ6B&TC
MY#!][_`4YI-"\I?]#ADQOJL??2`I#-6#X&@O6'?%AH--/KA-Q0I&V//M.>'M
ML;(KRAXP:+"!I.3,<;"$[T";?I!E9`8"2"&@W7>F29G7Y9Q#N#]A97?]9[?$
M8P4?E$'KK0U5\SBFJ5.+:`J"E5!"J?0FRKY(;B/`&K,C4WZ3Q&RCK6P[CQ9%
MZ,!%S3\4N((.+`-26_TJC@I'E\)FX(L-79;C<;\DY./J/%%KY(FOZA>GB.L)
MO`%[CL'4&J*%4&G*+^Z"LHT5[KM&2SZ+>C?9R.NJLEC1U^C+\M0&I3D\L1X*
M`W<86'YCQ8KN)-D;#4/(@R]VOW0I8,HTOB?;.$J9D$DY(;=UMD:J5=*N_WIQ
M9/=I2`[M8WR<V#PH4RA((?2`HD1/F_Y>[,'YL'_.OF(^>FI4DR#>37,)N2->
MW-'PL1-@7;N&)]YJDK4$=7H7++P+AXS#8>&89D(7D'8!DC2CN_Z@&)N2!YU4
M`I?E:Z$#G[)8?O*LM"1B[(-<'>0%I*$QVS8&3W71PV_@%'ZH(%Q*78_._08A
M9>H0>SAO@^XQOF*101W:'_.38H($!=\OCI9N@4J/)5RM<)W#J[2]N'C(T"!B
M2RD!ARFLHT="?Z=OV.>`^*NM%`Y3!8X#33A/H$\%>Q.'+CCL4;<UGW46^\.G
MEP_J$"JAM\H9@)86:L5M6'O!&]A5H`2`N$;L[T34`7,$'U,;530V)D+[^$(@
M:F#,')`0BQ;<>?0B:"V)I]<#YFJ2U6\57\-^T[UU=7]\UO1[39HX7X12`\)'
M9ZV<M`\PPJR!%S,%E:R+&GG-H"/R1<H<<6\--J+;.)#MR=8)9@/'AZ:Q,G79
M'Z&-8YR].YIB>0GM@CT;D>WP\;_!MX`$*><\U2Z>[]2)]PTHG6;=X'(P5_@6
MDWX3'.%V![^8J`JTE$8EBV:3M;G[Q2:$^9RPG><^'1H)YYCY:CV06ZDF4;0@
M""5SP(E=LP4L97%["+Y2QO*MBD9\$R$/N;B$ALA2YB7X*J-0M6V(A=\P%#L=
M$?(I[E[PJ20?SUXHCI&4S\E%:TF)*0W,]B?OTH65N5)$I=]35X1#+_<EHTI-
M1*5E8L"L=K='<K`)F)5K1$-0`&(E_QHQFP.9M"?,$;6DD1Q\VF)%<_(^W!:L
M."")RH`PXI;A/A<8YB4WU4>6(2A*!$0R6,P$M87V2SA08&@R2$43*72289R6
M$U+I(XEXFW3S'`A$J>PH'R!.B)]&>$*D+E'.#OQ4,ANTH@U295/L,$T)^W/W
MN@R8^47.RUB_U^;F'D196&!WB.U!BG[OF'%@\2&`@,M6>!I_K6',#:$-E@\J
M6??)MJ!L\PL@J"+<!-M07H7X1'6)YH(G(SQE$YN/`0TC;[2C5QK`KZA.HF#O
M9._->X!WUZ80)G?4KP%,T[$7]"CB/!Q]K]@0,N%C5'W.VXKW?E';I]G&,3G6
M$SQQISU(PN0.+*+D&6K]'9EW_=\3IA%QU9Q\BEXV8%325JL[6BBIW<)G<EP\
MX1MWHE!N*]OC6U;O:?>1MDI<DRV+2OS11FX0!\EB#V99R-%@4O.T$`*ND@(/
MLCA,Y#<'`;X$P2B7SO,NI.44HN$NQXL#%\=[FC[!<XL>4%UD]Z[-2EAF>O4-
MNGT%KRN$)(E6U9WDGC.;DRRB@CL4+H^@-(2IH6,*"L%A8:=+K/`MB=3F<XYR
MY`WB(/2R&1H8+H1YT/@F[P3D\/\-H`-T#/4W;=^$!E3>1439OQ\+(N/&+6Q`
M5I.`ED[]9.O;(R*P10J8=R5>2I8%ASTTX:SWR0#90DB1=C;8\B';N3OL-695
M7C"!7:8\NWZ4A![,-B]9Z%Y6!`'89<@"4+&ZW_E!EZT%-'8IK<-'W#D<K`^"
M%Q7S+^('5L%A..OD:\<4"CN2$`&M4,#XCWUJM^A#LM_,DK,3%9XT]0C^RM;,
M?Y>,T%TNJV35D2V%P@`#"?U]2HW`K]D]5K1M*(Z\NV%F%=U.@KQ9^]3[&2O^
M^J<E^2J3%<SV5TTUR!HH9Q.S\4^@HMBX+$VW/QV"*.*CO;>(&`9%,%:WG7WT
ME8_-&@[-O`YZ#H5QT=:5[0+'G2F$*^D-F?M8/QLP%PIT!1,Y^$+"D.\UA[7O
MK)RV<`ORHB1F.*6`O!,F")+>_3(`$(?H*ES":>_D1/59_61@DZMT%6A=",5O
MTN_9VFU9J5DB]F>*A!>G]Q4JV8:`9Q_R;UMM#,_+?<-P8=_C3T+JX9'F_^Y+
MA'*OZ;O%1I\<?W]T>.>+/6ZT47[P192M(2I\IH@%CNU"KSNB12"3,9J+7VS]
M6:%#X/;P.TM;X1P\.3V_\X*ZED^*,\_EZ+CX-EKCLA15C8]\S476KW0"GBZN
M;`\)7-AJ=RY/VV9=-GT%#L_K:A.8UQ.NNV8.E\-P,(NRU@.*#*SJ<E=QGZMS
M3Y^6>[+2VT'^BA2,F=]R-8??MF57!EF@E;N&3\K]6DCY'LD8'!5S4>A3^00=
M?8(B"!.OVUI^9F3+V9%-U_$X",2IJQQ49]3PMYI@A.GKF44@W7>0]!*=9.!!
M60DK*#KZGJ_*_"EF3@IZR&\,"K@"B-#\VD\6Y#BIA4W`J-,S(J%O*?.NK.TI
MXOA@:!G)J7`DZK'8DPJQ(O(0MGD[5C%1Q=4U&PQPO%[IJ><[+-'J21])UJB7
MR$1G7W*MKB7I*9U#B8X67($"3#WB=EGQ<,ZCBBC\SJ,7:1[308)4VGMO9HCV
M2V$!%AM)?I`-%2DP<X@!=XYCU/]B%Y3<<?M-=QJ:`Z+\U??]N_I8>*5IBDOX
MM&B&<B216/?DZII8$HM(+KAE@=ER=`[MIC31$JY(V-QZG4T#4]YXS7GS$CZW
M"26CC32EEF02Q*:/3C"8&4T"C2ZD&NQ=:2HD_9]WOQC('U);$-CF4!AJ\[_!
MDF'!Y+X'\NGXS5-`N'[M'QMJ3J8)TMA3)Z(:A7-B+Y2ZF5I,60>B"O=/4O#!
MTRZW.X>OLB<;ZV4W?7L>!QA+=,QJZ(-=D-U>'W)/FQ+>"E^71'D^5#_>>=Z\
M,$_HWBQ\<=\@VDF^NARN`K2L='?KOZOB4E==>U&9.Z\Z=0$19/U&KKHYUZTF
M">G;W<+ZN&='!(Y9B*9QOW>2<C)DEWBM)_F#JO2%CG74RA497M;<C'ZVQ#MC
MM5=@X?[U6'A:CFL.HR35'@>O!F3LRW[70I+;?8.+M1L%;"]8<D<,+H%@__$8
M=06H9#L1F;/TMV6%!96ZL1>G;W#&->_37NNFP58:#%C8+][MG6$U7,D15?3`
M"H.^WGN_^L6O&<5)T%X^?GWDF8W>:#_:3A_2GB^-V#?$?V*\'LW,)7&CZ^#>
M2TN4IGN3!R9G=7BIZ'9F3_FW'59BNK`SGW!F>_^@F4,,\G(CB3-?Z,P'TYG1
M$ZM?S&8!SEP?\7$CY4=M53,)=.B^(_Y3AW:OD")363J=L9&A5+NS(_%[,12)
M)>--&QQ#8),%EI,;B3,>-VND^67I,7-/(NID(U4C6\YO1>`SDAS#A=8PEI_(
M[OA&=L_ZTP5+2],:H'1_R6&9I2J286VJUC=/'RL39JDV,R-T\5'&J05RE+A+
M7$R$;-_P63!X0\TR,A7+FF^/S@]T?Z"O*#C-->B2,.8)>@V*X6"AZ%RR$4R8
M3*I]R0#P;UYRN^(LA:557%DK@ISF<6^;CV'87.Q@7%B<K\L<QYPEW\R6",!H
M)QD"$;PTZID5W[]=<JDHL%4<6`C4ABON@(B[:=CASD+;FO[W@DI'$PC7$P!/
M:U"YU]AVHDSZW+Y.`'<MK`.8G.4H4!E6297`P5F=X89('^+:<CM1!;:0NCH%
M\C5Y7,XN033S6=<H7AYPR$=HM#UJ^"N.RA9#ZPV&QO.+!B5TZ4C&$@_156!0
M1TV@L]_N7YT3MD4'"$XVH<O:<4$A6'6!8I>E$KGQNPTPUS!"33@9VJL_DC$!
MZ-(.?<U)(N`8-LJ"5R6(0((])8!`@])3MF),S.15/\@KF`5;91T.(NE]7$>[
M;(]7VK<PX!$'1LV1_58LTK#O7\)RUT4HG/0:II*>2#@9B/0/"268VD(TYI3*
MPSD\.G^G#Z*=U(^@V\Y93Z)'6US?O+Z%`-=,DRC$Y-$"U!'#51A4`C5VE*2J
MKU;*:C"Q;33=>2U]L;7;D-'-A'"B>I7F,1M`2*"-<HE3"Z94GBI"%7*P$EXI
MR0\^:7U$O-OJQV_8S1#3V:C\KI4H%0<WPEU++"3RJO-3@E/-AQZ<(,AJ,=/Z
M/__C_P3I1W-LP[.(4!2GGEG%J[H-O.QT1.AA\6P@Z_;%56[Z_2S>M".DN;RQ
MO#RQ?2'WU+.@<&L.?TS'U*L5M'63##4`V]_S/A#2E![05`UU;$^.LMY]*YM-
M`L^,NY?$Y"PUWRI(]A6(M3[]H\/50[@;F8>VOI-KUNOC7.*K)GE87IOI6_B]
MB'\-9):?,J=&>[:HE(D$%XI="Q@Z"9`HF7*'9C25,6#"ZHY(%[<+U52LZH>M
MXFC>PBZ[[*K/J+H8IBWPZ_;B#Z=GN3[*X(]!&A,(Q=L9O#!,.D^/(6WW&7=)
M>.BE2A)<IF;HI.S01/(@2B+FJBPU6JO`H[REG:%CC"9XC@3I\=\-][8Y11*R
M:J.\9)I$]9'<@$'F4FD_M/ZQW6,@O-^BTF;KH2L\K6!@]_?8J0DY3,SOV(Z'
M(_53T)EY$)W$-X`5V2/1VT&;,?[-N*T>;O<R19-:O9-(;Y];$)Q?Y')G5V'L
M+]5T>0MBRR8"KX-CWTT$AI9(P]BC"-6^Q-=9MG^^LY*-HA3^J@KFU6])0@M*
M[>&Q8L-Z'X4-A=O.C[_'MG6K_]7Y<0GB"CJKGW?+%G(5RO24CDAEF(>R%1X)
M\M3O`^5+'C=6*Z`G2;]2P84E%;&RDE99"<#D-E9.8YYAR]-,%7>2Z8Q@X`2X
MDXZF49<:'>OB8&>D-NS\L-?"A!*BM\8`?@!G0]S&V-@'TOUR"SQO#Z1H8]+U
MM%;'F.ZK@;&3H>*>_E[4^E.O9$W;=9\@>/T2>1<5O1Z@?Q<59AW9;`>AP&V3
M)T@>A,<NV^I#M06&[`9(,EI=B=CQJ1'9=="Q&;+3OJF!IM,*0DNTB?J@QMC>
MX,$,(5*W'(R4T0P&@>Y$_3#&7L_P/".U[BDKPQ0'5)N(B3*0;&'S(RX*5)`"
M6%UP+8NFI-M/=J@>!T$$*DYOT7\+&>_'>/:"%N201L+[@HOOVP>G)3AZF@V%
M74?;,ZWS'H_%HDS5T@U71_^X&_!50CEQ!)D.NGXS$AGCCA3&@:;N_W)[6SYH
MX_"R.WWT`F_F\$IF61,*Q)3,HZP1;%*M>MK%HQ6<DK2JY8G\&'$AJ[](WQO9
MHO<PS2+G$1)^V.O=__N_=_^1]W6^)L@E"-4:H*[YING6EL/Y/+*;&>:#XVU1
MW+*/00T(`[8^]&)?@7P%O`ZI^^$7.00O04:Q>G<B_>Q!'.3YF90(\1T@875!
M%@,.:*PF]4R(S*''!?D6W&,01-%)IUE/)&KM183O^@"?XV<.Y4W<![Q7%?CU
M(>H_3'6\W\B:EA?V5)%>\>1C]:&\O[4V5P@I.!SV6Z-P)P8D_^URGB'U7*MW
M<R:RGUFM>$<Q+#4(IR:.UU(T]Q=K)M0-K4:FHV0`ZFMRX$F)R'W(FU":K-@H
M\I&N@U(IHK\\I=R#A#9-M:)'X__F+U</:$->SANT^ODV`*"8.$6*;1!"-SFI
M(3!*G;$\'[>=(XM<-B3]M:*@KLOH-O8WGZ?V3YF<5]H_LZRR3]?P])>5B0.9
M4120F\.U":XC)5?>0H1[?@W>^@&!2+6OP5CTP%#\_U-%)3<R\J-ND\W,+X'/
MJ2\H6J=<$8EMOA:XD#&:5<VU0F$1<_>+K\QI(R>N!`HLMC!N#_CS(I+RU>Y.
M6<4YLX@/3]<*:>Z:1=ESX\"1WCX%+ZLDQQ&EG'N[KG;G&C1&"`UQ%ZGKD(.B
M1#],*P_((GR^V.'C._\1R>4GHI!UD^Y1P_/%XFY)D4?/JD2WD5WO<RM202(#
MZ-(3Y0[]"&&GF9^0.-(XOMD_][Z>=\0%O/U"E'+-6V.B<!!N'T1C7J>"O1S+
M9N&(/O)/IKQ_BJ`25:6!)K\S[[XRN8&M5$J&?02;+HM4(\TKB/%JR$>[>-<O
MK;H5[RF-O5!:Y24O-KOL&_"NK9@C1Z4T$1W5D375AK5A$?Z81V$6^?```;EC
M%+JV$$A_I<`2UB!F;XTPC?ZV5TQ*FK8#M1H<,]UYE_B^FLMI7K8(6GT2(8@B
MSWE;;QE(@/E+9-#V6F)6/JJ.O75I-4IS]BIH+)D<O`"^1W.'J)T"Z5?6X*BG
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MNP@^/NU40-1=(8<*&ZMZ;XSF.S3>2KXI?%[HV5&G]HWZ,?UWN[?NM9*$`$)_
M[!E<&?.)Z/)I_)A@LNC\B.AF,T<+;R;;*'MQ0*^@S`^5N#E4-6V*8I`WAZKZ
MXRVM/_#B>/Z8N*;A!RL5MUY#%3UP'HOKP0\=SO(88C_Y)@Z,OE,G&R4]+?6#
MJ-"7[J@=1KYC.;YFZS1:6J.3@3)&0ENC#?4K4#`'MPOZW;-I48:^R64%^:-N
M[#`6ZJD:`U7NN&86]\\T8::@*V_`0A&(28$7,4Y\O3>H*F4&+/#A@;PN!0X]
M+&BV=C%(@Q[<?QW%5C.'/6\PG39WDX*H'RY<LMEX]H_/?_6(H8?RL.O8O8?!
M(SCK[1Q&W"QP2KF3B6J"DD1A/$0%E8S(R"B<N@I-'6NHBB=T\MLH&"G,QATU
MX[M/^)DY7SU*KU:UU7XQ>?O&YQ:*!&<@QSZ9D!.A=+#I%!R?Z8'D2=>WS++Y
M;D?T$F1LG6^U)^UC^W+RFMN=,$!$#&U@+>(-8%L=#H^LCB8=*5-W9JQ;\0][
MD`G\^5OELO&+O^O8?_S9O5_^Z)=FK._G\^V?WVX7(.'M$1O3OLZ?8#7X1G?I
M&KJP_L3GIXAP_?IRC\+I]W$._>'3\Z_M$A%@)U3NUWL6*\[Y_1I.V6#HV#1L
MH5U$D,7[6N9/QR>G;U4J]OC[,RX6$X6W;I2MC[FKYT^/=[F0ZA=;7ZC5GS#_
M@)G?_#RS:_^D[9HW2\,GD.L-;H^8;G5PJ9'E!Z1W;"2!>%''>R3+YM'1RSWU
M8YG+/0N-`LXN(UL^R@65"VD=5854(9^4.#TTD^.A8J6&M5'!_\#<!?:3]D[5
M8>%T"W01P@!_'DFH]5]KD8+&-)]>'#_X@_[_!E[;!4PI^>6_F/Q!</;8R5ZU
MMU.G:Y=UUK/LW[>8DA;=<""7[3MXZG?&R)V?B87Z%>&M\"#Q]A-4UG>,JT."
M7@G9G0GAHM/RMRA4$77M/'J1$;QEQ/V1=53U.0MBM,>[3INC#+Q\\$T+"3GI
M?H4)HB$TTW/K@JDB[TK-FR+ZMI1D>B:0T"-4TNQM6>C1!0@IAJFEOI5!\B`Z
M_^1"MHF4'KD//ES[AZ5SIE%R$8:"6]ZHDZM-DRI#.M8CKLFM/3N9'29P+S8H
MY479T2]:M('BBO%CU@U3*9:(>.I-.J'1S1LGTP(UIJJ;%*K\@5R;(Q08:.98
MFFD=P!F032C;MXNY*-^"`@A\2@)J@B1+V_P`=I397ULEZ_\$9L*+3,YZTS?B
M)11XX0<V(L$_8T]:_A=](#UR=;3P*)RB7ES2HOWJ\K6;*'\]VOM6^:;UV@8/
M<A'Z;.\$Z[8SK]9Q[8HZ3/)>TJ?.0@?&2R86"QTUT)JQI#;F0\DT$@BLTL4%
MXF/UI8`V,1;&.882Q'ZCM>.UV):@[[FN3']S_!+2]/"TH7HCP=#`:/U"7'LN
M&D2"93Y&&^IX7`!6E6+]S,@RB3_+'B,YNXT(EL44HIO\L%@4=DH?PCFV[15R
M_IN(_3MKAM(*"]'<]=X\!_KJ0J=GXRHI.[VZ&./"'H<#;#:FSS:!>7FEC+Q(
M:74+#)`R1]L5[I5%)=R`-HS)2=K*-+]V/,FL!R.83$"%D'`C)#;3XUZI6\\H
MB<5=%#L6D8&1CE92QWY'C2K-AHJ]ED@+IK=6/,-N^,P6*!"8UC\W=<KI0<$'
MO&)FE(7!Z"F#E/1E59J:]R^EH#]TO3+NSJ&\`)/PG(SWKK%GKKR9\QX:%A91
M+4H5U(L1&W>V#$C;"+8(O`Q6`X"V3<-&9M$G5H.&-"[W&*?GK0T8V3L4SZKX
M)2PC`<C6,2@028E!2TN*T%';@0`.!2)$`0":$Z9AO".W:]@_DW-BT3A:<>WE
M,D7>TZ)BR$)S/;WED$"\)'K+1SKSF3LKU5&*WSRPA&#QJ,,D;#.(;;")[R/!
MST2FR&MN,;4!2<Z[2SG\/(:^9`J5*D";!H;C'99/B*Y<1T2D"3@GKU!SG2(]
MW0K)[P%Q!4Q8.<S!3!_G%\0ZUB)_=DS44\10&*E`V#BC18A[&IH8JD7$4%J+
MP,.Z+=+1&EIWE@9[7'_J/!B;G!\0<:00#]BR[[)9$[12&T;.82@W$4G<\4I^
MUB1$LM[(B-0:^HQ*57)Z<>%12MD#[B-@(NQ'2)/=-K@HIFD#2*"V'@$I7KJ,
M)/Y?H-$#VA5+'BTP'H'%_.D2#K<7F/!D!`4[L,S8L1-1%:PNR.*4_@O.>7;E
M-P)$`(=20AN,HSZ!CX_NOKJK07KTST'_3J=VKZP+U3B.C1&SN0#P,GRH`3E2
M5@7DBHY$V#94D4&O6D:_$")R$DY_M=-2H#OK7@HA=A'<`X]C"XYU+6B@"_0<
M0(CSNY.1^M'#)F$B\7BNV;S=L3A"9`\6TI\4?G.4;0SJ5S&,,:F;$Q:&$><+
M/C6Z(YK\+F8;F/`/:$_/G)PN6Y!EZJLJ%FM%Q&G(#4'M4SD$6,W"3HQ[)*FO
MIP&/,<PH'Q'IF+N"OCJ1NP_<]#>:%E3)PX*%:E&1^RJDDKQV>]J81+6+%N?B
MO)CYU!U?JAQ*OU4:@*I>AC[F0VAW=(`1;FMN:*`PFP,>L\X<"N"_XZ--I)?O
M@F(O@CK`_9.]_)9'Y<98IVWQR*8O]]J3?O9F<`],`SA*,V)23\+$B#^&@H]+
M=/BUE@`68'-(J*1+8[.%M'RP?W?KD5FYBB6_0+`N3.]U@=I?\BY^PZ--<:(Q
MB&7#Z=">C7Q\#5TRT+VELQR2ZMS258E],C\!O^@+)U<:WN*Z(N6_[&J7?68R
MBI2,5_@[:+'@KUZ]V,/B,,\&!)##XA9K<QS]PU$VWS:C)18+J")*PWWG/9K0
M#TM!%870DOC6@[12.B95$79.!(3W;2*5&:=FU1JP4L`7>=9%E?9CIT#:V)A&
MG+9Y&VV<KYU9RKG<'&!1?`D4^6$&_J4O>G!WZWF:JL]AJS7M-]BR,"84U1O+
MK#J2"F4W\C%5E$MQ&04TC)'-$A;*K()0&DFX2^W&J7*^=]#,A8PJD24`8-XP
MGK8U`Q@FN<<(N[:H.[/?46HB.!MK(IT1MG>5GV$J3N5B;#&]0MDF97PS6[]\
M=Y1II:YS6:_E)NJR4G"2W\)84%9!)<I*^[Z30=*JJ4:5(5EC:L/;1655E:/5
M$S4EHB5!`P<@C.MFE?Y4EO<,'3+7%<S1V[-CE`;>?-'@"P>`%-B78UW\<X(F
M:P12Y6^C-0(SNJ%)`]<9'0=P\^QA"15W)"USP1"W*WN,+QS7.VIU-?VN"[]6
M\E4C`--(#O'1'7AEE#)FEN(ISF^!"I<4&301)L]/K_`E!<MN1N(FYT<B\.:4
ME4$7(\^^Y9U'+2(GO0E%+SRCV/[PH/C8A9F9RS*93-`..%^-,:34T"LC8*SR
M(F3JB-=PF"XDO2*JMH(=I1RO2,IB-(BO5<<2UOYTYL9_Y2/NGD1;M@)QD=Z[
M.G$ZYR_EZ22(I:LFZP3'/R+JS]V%F6ER@PMJY*_9VT,.URA+U1-)GT+9VEXL
M7?'1_<\^P^&DB\#,Y<.MC^[=O;^U[W^0VY_I)K5/#-CB)Y^QZ5)]#Y:PU!X?
MXO"F+BY(90PBW`-10JF;7F*/$I*2_3/!?I4]GB)R7]&JICXJ/_OT6/*,#N7[
M9$LLI6GO1W<N][ZW\I($T"IPC'+>0>(??7Y_!-#VYQUBA6C$5@)[P[43GT=_
M39WM2_QV?B0JU@^KY#WW=K#-Z2A6?<#6QU&4&UBO4$3%W$+P^4<1\!7XF&?J
M"[!O-#W,'^7('Y/ZZ9LU$FM6O>+HA39>XGE@IZ!"6[E+3@\5XJ>OH-J4&SN0
MP>P#4X50F+8_UZKZS7Q&PU&#KVCO5C2I>^YV)3#[UQAH/K/3B\O3@V^A?A]W
M#M$Q+:DQ<!JKLL%,C&:FPL0FUWM^>^?%`045B&.C<0.7'I:4Z&//<RR<V@G-
M+F_&5*S;C1BI"*'>!'-5/1>V3Y,TA,!Z71^W?-`)A3I2J,;0`%&Y\/90&5:5
M.E4007BRUC4D<`VVE&]*^W:5$76MIE!;W2MAWP22GJSEJA#@,\R:-UL?UCD`
MYPJ.+W&NN8$BQOJ)+!9BS'TCI>*T)R[*^W_LG?MN7<>5IU_EP)"[94!D1%(W
M.P@!BI+<G+%EC\0D"`:#P2%Y*#/F#>2A9.=-^K\\2YYLOM]:=:_:)"79CC+=
MC6ZW>/;>=5FU[K<*G5\AX6-4+M!`9<I&%EL79-3]J.XT[V9_X88+D)H++,RY
M"^>,\3-G%/&1,3\0B"RJ0^N(1SZSFNA)L%]BST\)MT1A]@^XB31'%ADT7F*Y
M6Z[(5Z,1W(UV>7G`X/QEZDY2!7==]RH[#0ILSFV`ED5(8Y\;%_922(B;%NJ!
M67/[,C,#L%Q\VAN5GB`NE]E28O)`69W*J%3*-^VL@'DHLK);YT?`24/"M-4J
M1LS[%\"0%ZG=_]?T;:9L%K=$3<`6P/_:DLBG7[XAD0%H?F0*P=B:G)$BM"L$
M3_4?0NXWMECL<M19I0&D"""0JU)'W,T8]3'0*L=G"<_%2]72"04WAO'+R$3N
M'LE3E/TL3)\,F)"$AU`<K"7GU,)0H7:S,X7?NI#&;5#7E!!BXG489O3%N$=T
M1S.F4N,P1YKS@R>+TA*NKQLYF4G2M=Q.T,O0LFT5+$-$8AC/:S'`E[:0K%N1
M@U_4Y\RH/Y<LQ#7RVR]F9]@C;KAH8Y3N,:7XTEV>Q>-R#NQ$5DBO[:0(VQ=)
MF60\N`R`-@L,$M3BJ[&,&>61++D4SJ3WKAV4S<MR]IZ!=1M,*#KDKP$G[&GU
M$[YQ"2_-UM:%%JPR_I%OW@FF>G:47K>X:+%#GSEG8E,DD_IV!7[F:F7)+J\A
M(W'26%5Z=:IR7(@'[JQ+1L!6[AS";Z$#,ZS6/[[9>LX#Q^Z$6@)MAE"@`#.^
M3?=@^W@+_()'\%I'8ZK0-7R\L4*-=VW;A0Z?).^R>&O-O$BM!Y8#AM$R+RP@
MY(+?*"%`%IX4'P.ZH]N0I4,2C.8OO67Q#TU0<4P]F3YNI[$>8:Y9:HD@YRIJ
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MBIY5">,P"`_TO\H3!7C++:[[,(_S'SY#:2`B3Q?O\Z5R26."[!/]@7,2>%R\
MV?O#9R]>W+?_T<\?F)YZ=RW`@44D,<F_EYM/K8V9JQJ^(2WVDUSO<O.;@NP_
M`-7X1,?L?*0^O>6F(<W&0Y!F[5&/-6,L+17OB$SMN"%X/O`)F9Z)#MKE9NDJ
MHW:8Y&!M'XQ0+B6/;JZSH979EZ*%AU_VVWI9^SGEQFG'7UO7".M?BIH>]B-$
M5I*BZ`J\JL4\5P#/+RX[\EM;W6"X#7R"=]=7-[K'VGJ,`K<KL1-ZL*83&FSE
M6YR'1RLDC5`)ASK[7?MUGV_<OO&0?/&5F?Y[E_]T2S/AVWZ3CL5$2)FXW+[Y
MP.#X0`C&?[K1M2\FU^X>WN\?WP=@*[/'JU^R^=5(S/F873$8XUB[D.W4]ZQ^
M8NS@SGVFN?-D8W;WSH/UL,A/@B$4BTD,;"(W&F;')FJZL./9*W@=,MV=9-%1
M@1@.+==B.*WO\79VM<3*L>@Q[B"UW9)#6/H9N@;.?^5?FT,C6B7YA.ZN:U'?
M'AV<G^%ADQ:2Y`@S7P2K33)0*E(;N6BT_L"MULCDOSO`5",44?Y=B+?#M((E
M/!I@VA/#0XT\(G>0;V7]R>I]YAU0K^&PL8JUP;(>/OY\A?\#P1_WJX(\5HQ-
MC8B#T0#>PP<3BW+B>++Z>,Q37F-?<UK*SA3</T#CO5YC=8,;CJ>3*S30,O&:
M>?6TM#[5/%/VGVZ(=FMP67XM#&E5*7EW-$R(1X5!!QI1X9E+UF\WG_G7/#L9
M>PE5E=PZ?/.YL"U]:AOK]:[<.*MR_[$LB=D8MT#,^7+2<$0)!H.QG$B+O?/<
M]XU1)?>H^]$KUXT14VI79+E*!BFKZ^:&@JVB%V/];I3;,>`6+8X\1C;@?32Q
M#CC)I8>*(%T9%L&7FMQ4B;JCG];&<V.V.XEPD$!-D&(X]FFQ,)`JCEP@5GB]
M&X:W8_9?M(;+!*UBEIKSNUEW/9+GV[O?'\M9U;#Y,`OJ45R\4%-`&&017<26
MGC*12_Y=I&68KLW[UC_-OHUX9-9>W^[3,ZC=-U_P<4JEYC^[-29%R/ZEEAXY
MP2*C+7XU<NV]*D&K[5J<.LK'A<@%8-N1P5H<WQ1DE.3@N1:9QD+21#&0&9TA
M.]7Y"'0<^1#UX1?D:Y7ZO68+%&00-H=A;-0:V_Z:R_]8^(.H:SL.IP'<$#6I
M&D(ZQ<X&P"B9;B0?(*'\9:<EB]Q.G+M^+L\^5,`XD6C#!>J2$JD<(B5$A2O;
M"Z9Z&]C7,6HXQX&'$95-3]>%W+M/J[)26[+,WQY=G'GMO/!43V*%?3CL0CD0
MH("N@HX>RRW2L2ND+]WNYJLEE=LS#.K]%M\73**0/FRBN7"-;<1KM8.+HE^@
M=E'*JUA\XTH/^_(C<82^`3%&RQ[FHT]MX-7UW,`TJ+A`(X(49SJ&^V_G4R.9
M`(Q1-IKU=CO%77.*"+Z\]"8Q[GL&6E'$NE1W[XQ]UZEBN\"I.)!!!Z`/5!`D
M1%F?`[AGE(@)'5%<J"L8F4,E/\=(%\A#,TI,;G`E8`Z^ASRS)+`USV#D*&1&
MTM^-[$]"\&OUU582:/#HYVL#]%H4_L&77$K/.JHO`"8^YI%@^!B<(D6"@*/?
M(VN9L!J\4(BB#&"8@<17G-2YHIB;`;]S9D\,]NL)]APWLA"%&>IAR]GN)(KE
MV5Z2X@;S*MLA5E,2^.%Y:>NW!4%$4'K7A(N;4>&8XUDQH.ED%F]68BVB0+I&
M*"4J*AN+%,!<;N*#U:PX\;>@B*KE94KJA$BQ`XG#)NT/_-E+*@QT]<MD=NZ"
M1".P0,/$UJ&XD`ROS3;'I<S`*)*"\)&D>L?%SY*5^6UGB\8&A7B1-UJA0:A@
M"-_K<4D@^-;Y24EP6,BD]9(9/#HJG4P*.&N,4L9$?4D[8&V._#C""7.?`U]^
MU1>%*ET<8'CH2!!3@GT[=A:*M"`)*UZ=Z*S01$1S!291)&%9?5G;L#R&0)_-
M=UI=(<+"DC)])!Z`*L&`R@,F5B(1-;$NUM+Z`A@##YO*EW[Q)74WXM7AXZC;
MA);@[*Z4>QZH[W6-*1A7!`;C`)09#3WI<,`"NL-(&J0&2'--\LW!6:"0M:=1
MGO]'L2:E.HC7_3:Z21\9V@4ART/JXVVW5$Z:H[%$U<+;&IEK!B\PO484]-Y8
M,L_4I?FT3-26&>;<>/`@L/A/C^VURG9"RH99-"`=;?$WP?;?3&=P+?I#E0:3
M_J6'W;6(EHV,P&BB;B2,_EO4YV*@7UG4-]C^,9(^=N5&*;M.IO^7D9V?E.BL
M+?7WTN/_?Q66SO=N(QJOZZ5C`E(*9B2=">]FU-DP.SS],YCG[B85*]Q^EF*L
MMU?7>C=J)YP*N[41=1^L%[>RZ47*=)E]:U=W6XE(EZXAM6>0IN31@_%B2C/$
MG1>*8BM&:$DX/Y"E-[@H7>`L3?'@=?.4+OB3Y_91?E!:!1^2F=0E"4Q`0EU_
M7MF\6O8SN7C_J(X$+2#_E]^5^[W:;\GWVCY_G?/"VD=;9K3,/(VG`_UV$09M
MOU1X<T?)WZJM:Q]^E\H$VB=E6E+[S/"9B';[^]/0B<TROMJ'.Y;/U?ZZG8H8
MVR=WO32AC[N'!S$X781[_8L^P>&E-\AM9]BRG+[^D(]^6ARLI!M[\BU*?5;5
M+:Y4;B=]3:J>9['62;W=F;Z@%$M92V\4D3$_=_>**OK.+`6Y\`FT$WX+.;PA
M?8SBD/T?X4_9Y]+M_-6BOSHU?N9EK.W@UWV!4K@R_@JRC_>NQ@A(F*8=WXXH
M+N&:E7LNAK&0B9%VSU3+=#AYMNW,WY8W7N>9V]>^)_E@85V!_<X/6),ZM1#U
MGO[F6>K7&=*BNH-X">@\Q[:J0'06V;V]HQ0(!)0EE&'UQO[]';XXPM<U,MUH
MNDSZVN5_<VT,O1NO1)$V>MI",UPJQG9.W`O?OE"`KI``W9P[H5UK`8ONG6WW
M3!:OM).-3Z'C`N,B$L?(=LAOBF2ZJKBH6YY_?]TF/>6FY-.(%,N9E?,CM"XZ
MO28U5BKL@;>F+=P5=:\B,1_5G651FN)YJ7JS"%,XAIK56"R]"]]LQWLCIJ$_
MAFK@\(%N)'?SPOA1SLKI1.,<BI5WF.JG<#L/.UZ__[DM>GW]\]HMA8L,_Z?Q
MCK"WK&V4DW,AJ572;52:R2^V/N5(2NH^6IM>7P'PF"W--NM%MOCX'CJ;!^GK
M?/V$"P-%KM724K:V=&7\ECJ#<G$S&F&(Z'5*$QJ<E,ARIBH^UY;>W8`,+<&-
M\:W0R+I+,K95NS?.`*^U-272MX!W\IY4O\:KJ?2K;CU)R2/Q1L4*XRD+=:9^
MP5(1MZ;NJ_=WWSLK\5?H.[PYG5>-&1SSNJ3U%ENE+]!QN)'UT]W#<G/G%'/<
M+Q0W*;VR/$N*Z."TOI__;$EL[69CXL\GM>.HKP/_G$RZ^2(EI7V=*D5;TMS<
M5O52O?\;TE`#!PE5/)\5ZN'E9TH.DV/LWXG"E\E^-0.9RB9U.P_F58]=,-_;
M3E!OR,@/0\535(L0VSFW`[Z)V_^4D?=:65)6)GG.;Y'5$T5GD+`?Y0*H1`HG
MW=<CB5HD22Q7GCPB5<9-*PT],N:\EKANY[<FH+\I%+S@+#$Y5W@.;%&PJE`D
M]=2*I.*B_D("/Q?Q#==4(\QRTS-L!GZ$/YZ2*LG5QA%KLHG\-=>8=(+A[C?T
MWEU<?C&24P(4-@[M_]O9=SR76\EO[:/GX2;5T8"V@MGOVD]>N+7;_AR7UO[^
M_"='G_;WRR5-3XQUMD^"[+S7_OYJ`E)Q>_W[L6JZ?;*K3KR'%!>U#YXNN!I(
M5\NV#WK(X3[_;GL'Q;Q_=7G6_D9F/-II^RO(,Y@*+5:HU;[L\[6_?D_71!J<
MQV*JC#X[I#NHTK+;XFL\+,=CM^!K&C$T[QNO"\3C<Q=\;8^**XR.6]1L/?J-
M:K8HV'+'5@NGTK1-CHSVI>!V&7M"PL/;N$K:<=.$/D;[.#O6Q`?P"NPMVU>N
M<1H-O%3MUVJ/WISK<G/2'=)^/>T="<RT1^Q*6)/$U1GBFZUGHIU4SV5>!/1N
M'^_CECIR[:M]=-?85E?6X8QSQ.;"!SVC\T_:\7MGA)6SMZ\5YO+H^=AJ*$42
M;*`=$TB.?2TC([UCGY32U0,:;=]]$)VP!6'_\XAZK'K^W_I_ZFTL9690_Q*9
M.LXB!)V)>+%=+%=)1I2'F!]%"@5"LO5TC$_$ZY((`Q`ETM4F7CYO&<H:E?3L
MI)>JUHE#$[KW&JDK`);%_=NJ(ALML"H79/-P#(.$7?7;CCYK]^X_?O2AE7"_
MAE@88]`'GF.]XPE+)B*>3I?D/WE37-XG1Y-U**?UV_VZL]E:_J%U944E4YKO
ME.)+=D;48R9F7B<[#@?CG6(B6UZYE%]DYHC3-EU*2$ST8B7D9Q#,Q6SKZ6OJ
M_*<B*_=FKU3AZA+XGNI4R9,20.GUA:&H>$PA"I5"I?VY+[5,J"J<I"$+.S0(
ML^Q\NJ<M]M7;M4KW.KBR3@@BZ\`A9@/9:G>-L*BT&UM>L6HE>`(!.<TTU,G\
MKUP]Z:5U^GL9CLRYE.Z.\/NY6HSYN(V=I6`AJ:;=MG:MB4/P0'L0E]5Z:V"V
M=H[<#9?0DX+)#7?JN>V=Q+N_O=6JI0A6%T(7"X`!2UQ;(_O0KQHZH6L#;4K]
M<$,$GC.F4;F=LCBX_..6@,0)&U[1K3A"+Y`:YF$%M[6.\8XYVDUTLQ'HYL']
MC89BOWP2?_@`NMEX#XK-$SG%%DOY16:^#<4F?:-`]VN)U^G5LD-%M"55_/,H
M58OZ;R*EPE=YO)\DD6YNX0EPA%R[1X=#X<X&/$=</%;2P01.Y@>$XRMUSKK;
MA@[,2N@8JW:;[LG0L$0S,)9G=Z/7Q>:Z2DZ8+^`[H2\H*B2R5[X`U9L>LPZ5
M_9PEF1X\8#9HX4DJ!3=%M6/WD,VJACJ6_)RB*"B0$A&3<1,3FT%<',8>:>B?
M"J=Y.D]O:"7/$_>1IDT[/*8\-G$+6(CHR334S!")[J)&+]KTD/W-PTZXW\P7
MU(YYBWG'W-VBM8,(8SO!*^]3UL.L@-0;>>%F=QUMZ$O7.=#ZV']G:4>_U:P9
M3*AC:D2[,$)"T44C#_@MII`WNAF=#W--&D-$3:.=K([L:4V<OZ6ST-[)'*C-
M%V.@:P4YBA/I+'8;@VZ:439MYRN$&D_)&^.*JHLY(3I5ZQU=&(JW[\?3DHV5
MC2[T%AE<K>MW>HVWA%*WW,(K_)W=@=>N#Z4J4NYL<9PZV%]@(7*'20WE_7`;
MP_"`X`&\G3L85YN%*_$WN<BYM898QOS@K+J8KV");ZZX2E5MW476>:S"6D4)
M0SM[X[@XKI%HD@6E(JK3@%=[.9:8;5N$^$M&^F%<+?*A:[W_R`OCH^`M_UBW
M78[!JN&\Y$++*58:0&=M6?W@6G3:E$/V<N#LKY'`+.(R,*@0O'6[+4,=_LU[
M>UN^_(U<J+:)%W7R578!>D92A<TK$.`GM*>1_6][&KF`X5-$`OX55O\=2*N*
M_7^1Y3;^6[,`*X?M)X'_D[@RD=WV22PZIMFRF!2=%X*/9=Z?\%M:YH'9W$H]
M5'XQ_HA3*YW_Q%%_N5EX?GVM.<05&UDU&03OH0LU8GFD_$RF"$PIXZU?>=-=
MCUTRPB^[3#'ACU_JK@1CW;X4V\<:Q[BHSQ?<5/?;%/F%N1)?T)2DS0_S5;CH
M(;ARN)5HKKMP416L?CFF=>#3`;H6'+TY4U!BW=BB&56.U1\CZK?&V6@M\HU?
MZ[SMVWFC[0C2*-O?_C1J4OKLB*L5[8K0]O6;1%JFE>DW9W>_O,_%!3^S;2ZC
M0_6G]0I<@@KU+H;6R:`\OAN`?@ZHO#&WJU(4VM6_KNZJ5.JJ*^="G&"GETID
MLL8[C^8M[&RLH7YQS`/9!$Z8K'!4;*$M*B[]C<WH]_9C0&:^]%O`[`=LFE"K
M&>MPJ=#E?\'G$"PJ[F2SB[O<?YWN903B<5615HIDHM`RW1;`<M)"S?NG9HYH
M["R5FG1T<7F;F=<:XF(?:?U#);AC3B^1`K,G7V'DIW2VYIC&8J5X7_?UQ3H@
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M-(?>CI'4(<=8.M)EAY\S5I.4YO^$\0BOBLH7Y'S,EA);V2*W*0;4`J6Z!J#\
ME\#V1%V0E;?K+#PW^!/RU:EBZ[J4&.K6FV-?`2S+6G_[((I%Y<N-2[ZL5;4L
M;,R?\%W>6.S3^7@&#"#2?U1_BFL@Z0Q6JC&I"HW-E&3:U#$5.T,XUAS%**]@
ME1,$JCM\L_J4YFV;XJ5N.^D-QB.\=J&+UW2/.JW@N-O7A,6%78$MB:;S`D]@
M>^K`5@1;6[@;WK].Y]1BHY!U\NGXS!(/Z0[F&;=)@)1J3F8!<2$R0J^=4Z]Y
M*Z'T9KR$[U`]]\V1-/U1?@>8A+O[Z+%SPU>TPQV_\FU3S2>^;4&#B;*W9Q13
MT(@5[->;WWLN\30,-PU;L[HM&DJG(<T"S4#C6?8SS:;PY5\IDO'FBEC&&;[6
M^172FM"T&NY-8%H2!7YWW5K.7Y"&O8?\"A$7#]0B^L.DC(BZ5-X`(V9!/H`U
M`S;3B0.]O"(8CF?R>/ZN=SMF=H@%<;&PC,42'^/HAK]!\"D^XTG8)2S87-:K
MN(\Z0RDD;`NW(.7*JUI(S#2]$\TIA2][VES\&D8@A6OT!<->%5V/MVZ0N/'.
MK'B;F7S=Q:'&":L-F<>3^0'^:`6<Q'DJG^*ZP8<;S?5ZCS<>CD/:%GN/+NUP
M[\HQN*,JLTF$`8RZ&,;543?K.'6VX;%@$/L6A;@QQT)T(*]LUJ@MM&,X9'D5
M/MC>_/1'$+#N1*D3B5@1X69-9S5HI0T6`*X!Z^KK&*A!X8)_<[[:WYWU1Q&,
M1C5WU@LXWWCL4AU3LZN60[E*!$AW)I5T9P:UY5[KKIU&&BRL(D)32JV\ZYN9
M0Z<G?J/.KXKLS'#(?XNL^J%CU>F!A,TW=H=WN^VO[1:O0HD)*X:U::7%L<4F
MJ>*O.HN^1$#<!X[DI2#=\XT"PX+-%BP%V53(%"AHP4UB%G/9GU_)VH+HF9:+
MY=T.@RIB62^H>,W2)1>+I:-;$975@+_.TLT\[)<NZGBG.PNU>B`6-+J0`M2*
M^K&X_K/ZNMM`UCI((^D^(L4[."(]*%09YK!8?=AZ2*244(9EZUTOW,Q?."OL
MFKM-:5P52"'`4OD5WF#VJ,DY"YN"L_B"A9+$<129Y^^U)R[:ZXP;6,T$FL4Q
M;/$(0$M;6GO@@SU^7!Q\/:+>1QNTU^$LURU?@E?-]''BGEY)HG/+]/';Q0HL
M+4ECT=2QT935Q(Z"7K:!=5_8P_O7+,S6M+?@1B.X\MF/H5,HV&^N(B/RAY]W
M:5<C?@21%4%#ZQ`=;U0'.VY_@.\'@9`BF!'+),I-&YK"DH[586<4G2Y?2!T;
M^O!>QEOH6R[W5$`=?O+4@#[]_'728]HQ=;U(N&.XOV'DW]XL?S^C1AFZ6WOX
M>?NI/>5W/5Z?>,SO>LP]',.O![_OBAG4TJG&AN)X1$-#8266&QUNGHT3KK\T
M_<+R2BUWE.^'V:*H1SF112PGJ`?]E7*UL7X+CTGV-Q<;$1^1E2+:AJ:C@X3%
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M?C2S(8JT)VNFJ[*-64<[\G,"-/MF!GQ]%2[1;5\)-\/-MKV7"3@AA<E,F<&`
MTV]/K"#+H6[BP659)EG:#;8?MMQ]C)BO%L2F)`YT/'8O(&S!_L!W_4QW9I]0
M-VZ:%U(^[/X;:60)5(9&[>E^QP\7NNWCXF#E>[L$.;P/>NEN1_2%E`(5)HP>
MS3@9"&),3;)''(S_X@JSQ"=?8>1?E>Y1RPC?$670;VG8W$)HM\!(-++PI;%'
M_"[I3O?D95,('FL18-E=VM6TURI]0G=&9#NF=1T?_4A39(`,RS\](Q`1I_26
M<_P4/'MA(D")=Z"8;F\!+%(#;I.?O(/N8I?YVEV01L(G\Q^%I09(W^`EX'."
MCJ2X^&G.":/T,X)7Q!]*6<3G\%<_(F28P$^R6!8B6:8&F7!.'`J5%L^"2RRD
M(7O&TC)%U0QW3EF#[*EKGR)>?.EL($R+=ADZ<,_?SH^.8XRN_,8C+@ZX2Q6[
MRO;)<&'/2V3HI>[VP(UQ@$WGVUK\))^&7%6\KTM\%?'#@WI*H8J2%266<(:!
ML+HLG;5/V`=V3K$O(,V;.`-!34O1R`/W-TNR@`@+R>O4!HP/)7YHF$5#_8A:
MX8`U>'(#R\%/89^=MGG;\X#(S\)8"[=/VX70[W`0LG.0^1TT<U:\U0E:HUB/
M#J6@3UC],*'S.04@NK$3!)/"]3JILX8O(N;KZ(VB9Y$,5@X7AKU!BWA[Q'7T
M8!TESXYQ%GG(@P;T&>%@#$9JH+FN:;V`;4%@\M9>7OH!'UK`1'H;5+@(2T=>
MI>"(>4/YEAMSV!2&K9"SNO(U(I7QH"`C;0;-^RZTFJ?%I;D5S.&M:?A'2$`7
M,A*UB_J3S-J:%.,$E^`*)PTQ'9)C`<,L-QA[]QQS8;7\=`RI.\R%*B=S+AE?
M7BG+GK439@_<4A%KN3J@%Z"85=S?\V7X5$X,9:*+U#74^(.LA[Y9G-H"@R[H
MC@>XVUNO3-<\GML/@)9%5SEVPYY50\7.X$4K\IL='1[MEY&E:E`V'_X.*J10
M^8UT-9Z<G'&K$4`(]4W\HIWC]0D9*?HK)4[%HB@>1[^YY'=<:H%92K8FN>5B
M\7L;#RCISG;X1M)HQ",NS^2887;3`@I=/%Z#ZXH7./T67C16MA9!"S<_NGFY
M3JW.P]%2B)4;"]M:XGWB'?GNX`.?^W5G^LQAMG*AR@?F=M];C6Y7='`@&JX;
M4BY_F!G7-WCJ\V3'"!F6:+D%IZ6=_RZ_5N97&@&>>ORS[B+.R&R$'%@[7%*S
ME0@=3G=QBCC<-_31,F&0Y:7S\>S$O\UG"X=^YS"%B]CE);!PN\C=688MDF4D
M^M9&XIH27=C.$X>%E/:D1E]S7@TQYL,ITSK,YF-9(4$*DLKBT706.^UPVQI)
M$D<G)JT#30F'L92!QAMC(EJX[UD(H!N[\@4%Z>3$8I2U`TAXH=E1?&16(\,!
MJ0NS%@U1BS%D%`*CF-H%"X6PI!QP7IK!+#VF@&2TJALP0+R$!@!X[EQ0.SL6
M=@$;4_;,LR>?'D?8B,F?.P1_/N>"J,#<!2,G;-U+`MW`"Y<+;JP3"2'<-0E1
MJD/9H6"2X0&NU`4)+>[N;Y=?2(12!L5[#32>K1@4RV)79RZQY<J.Q6G4XUEC
M9P'#%YFS7.)[Q-,7<O7Y7!DGET=[$*+7=P55+>R'7$]B;#9DK3"8P5PN5+[@
MY='ASPY=/"@%*]#"2X+3^M#,1"Y&[V'YZ7X5N*B=MB2"IT[!1058?,,D!D2W
M<7GZQF-U%.%"PE;R7VM(N-5XSTQ&,>SM5"O\W1ZW2;NX;4>4G5G`U9POX1!!
M4*&>G9>4S3=<F7:)X%%77O:18F#GBPO>0PO<!W$.:$Z#:Q'%X5#\2NN(4D#;
MND"_-8%UV8@C_M:[#,1%<>*S9Z9R\T%2GX'S>-;,9:-2;&.I)\'9B42BLI$D
M)5$(HIB$1YE@+48T]JQ%Q#RVRK]2O,BI9A`Q4$0:9J6):IRA`(M60*W+:=@D
M`)%R=HG'5.%H\,;Y152U80O`@=+L2],*E>2&P28[!5G*)@!$$LU<W6=A$P[?
M<#X3(-@G/I[>C,)=2!G`&DXXBUQRV)A3DW$4=C5@%FJ^S*)M>""E0,?NETM*
M`DJ&48<I5E*Y4:G^)CX,9BA"A#RQ*W*=`\8QW,E&I6J)DQ/25N1WJ>KUY=G9
M,8M#1F$667RU1&@M^`KM";U!YCYH]H8PNJ@!A-88<ISAH.1^G7*O'*L>UDOQ
MUQ`R[I<[9R?B@ZZ>"CVC^&8MI=/31E+H[31X+RLG:%(6(Q1\PT6.L;$1U4^Q
M"]?W$]OOV'L'`"%71M>&HJ."7"GH!E#:@ZKWC`/F8+Z<:TMG>\NY&;DB$U-1
MU*D'?)T["P1F8`78=7"%_<$_8@5]*IUW,K=IE7W_%FY@CK)=@&U<=);4J9/Y
M_@7$907P)=_]@7"/#@_,5E`R\UNC^H1APD#DA`;V650CGYK-PK@-EJ'ZG^.>
MBX#PLIR;ER4=I:\JYH!!R$:EERVC._CY%/M_WV5`P?$.%W,IP%`^4[AF`F&D
MT8.)=MKBK:\[Z1_%^Z"9T"GBBO$.?L`T!=$MRX)]N55<@<(O\&$1UQ!C,[2`
M0N&6;+BE<9(2W5V5FJ8%+;)8]H?00R;CCZ&(L;\N"\><VU4R'8/K)-D$73LI
MZ0BU'TZ/2.T+"%?*]/124J%EVT)',KB"O<ZASF>G,396F\LBM=*>#K9LN-$Q
M<K'$@Z#9(\0=II**"B*:&#ZAJZ2/0]:Q3JE&DQ:_[EKBGC1=+!OCFE_X:<2A
M38?:M_;(RYA9[':L:%W)@4E3:'*YXPB#\5*8.JC(;IGX5/-S7`ML+1J7SE)J
MX_;JW$U;K3L;NFB-U36M['X`$R!8>SQB4,<7D6S!,./)@F1X"#^;FK&/AR_T
MZ&^F>2%:0QD]FD^4$_JG[2:]E`[#G%3XU>X9"[[P?X%B1Z@R7`M7.-V,%U?,
MJ^+FL6<)7'DOWNUGG+8W/S.JPL>NWLCC`XXJWFAY(\*U,B'$F=<E#I1CNO.$
MTY1N"PZY&]`A)M@XTY*XYCWS7B#("-D?NT!3(H0"R,R4&MQ<%!<)R`8T!<X$
MC'(V9>@0:Q`"-PI2HQ\%81U(4J1GOOAH#=RD(8%=QC+-95@"*.AW`,C%D59B
M#G*J2);SQ!A+5I"5*S%A&]'I5E)9WT>*J-4'Z36PVRKG7F_?4D/H_/776A$?
M'HYH38M=EIB@?@:\3Q589>/H]Z:_1*<*<B;04M23!4A"3!%]P*<"NV*X`KS,
M?@.3_=&IPUUV<E*[_$"]"/@'K>=A2HU"PW#.*$K),87W*_3^8?*L0XO6$HGB
MJT3LXID,*ZER*HM5ZJP"(#K7`4XX)['JI5YG<[O>?+`0SCDZBM!<F)$](=BX
M;Q=T$W6W2'`!LV+CKW@=L"G@)M[Y`WLAP\+'Z-9A$/$#XYFTO'T=G@UOYJNF
M-]^#%.&+MZ:445*QC]/H58R'$?YZJ>*:]:]F96MRVG9+6=$GW^L3V(;"64%&
M'E!?3?,%LX/XC96'B)7C10$K$PG#-1A&Q-D??84ZB\VE\[-_;!W\]<K[5L^>
M_X1#`]QX99OP=8@@^WF+>9#T+;[O6/:LJ8?:EC'YI,&!XWN%3\Q<6\XC2ZUS
M%+]UZ1@)R263,2^D>6I%'?#V[,+@$=D\DQ*Z0@\[QC<6$5H%$0?XKN:6K+#P
MEES9%C4&B^;LK+4>-S%:&U!HZ(X2\[L$=V:7J@8A[YNI9]JE:##:O4B_LY,]
MLR>2-R2)1C-2D\-7)QXI*C))I]@K*?)L-/%U8Z2!OT9`0"HMSM0,M3O,72;L
M8_7FT13)M1A9T)+EYL(1B@DEXUC",T3<R1Z@WU![G_MK#W@'S?HVZ6[.=^3$
M,GD\'QT]\%"V6_8LN8IN?"+GF(L*G%Q!(LB9?^,[.Q#&`D4M&N82':4C[M3D
M?DV77`=Z"N*GJ%]"\"VW\$B=RG+^PV=HA11B[%\<G2]5K'3Y-__YUZE=&I6Z
M4[M4A%<&^]N4@'!R?^]M_&;W"<02*W&(&"IJ6=2W=2U&L]4X@E2-XOZE=A`+
M<$Y\:BRM_<`KLG;<Y!#UI!K+1-/3LKRC3*\CWQEB=')?P>F1YE7T!?WW7#H4
MDD\B'20/-I-)X(#[GC24"2>_%KA/MYQM3V0QH?(*4P?.(`]F"P/QDV+ZV/DF
M^7$@1A8V721EG"*E4N!7$0U+7_;I)9D8(CB*S-=F$MLJQ2QS#<J&]V8U0AX)
MUG1*OZ*P7?',_&6T5F`682[WR!=*Y]Z"I%M4((U3LU-!6+]&5FUR-TX7EQ[`
M[UI,X9%TOV/ASJAD`C%',:J\$8PZK,Q<4S^QP!RNM<4TZYT`W"Y[Z*6`0=ZA
MD3&E.(AB<19/&D'UVL..(L346Y<=`AYVA<X89JV,3]0Z:2DA'ZU$+KU;(I8R
M,.O#];)&"16]6TN!HC31`[`>)W37K*16K9`4`\=,-XSS*6A`Y_%@3>(P>S[Y
MXIPYX6@LV1(+TC$E#-70T:<M1;?]&$W(O.58$R":$IK"^%`>>;(Z4Z@D(Z_1
M'IJI?!RXBJ,1SE?1JY]=#!Q/W+S`ZRK>_`"1!_5E?8U/0TC"K?`;0:=QK;$3
MM@@V>.[!;,J/]79TS0V(1ETQ.BNE(/%S00&`%VU4/YZ0A0MRX.:=PTT";H%6
M@8"#'J7$5E(PKF-^8.:KBH$\CUT#7X78.9/J,%K.F.X:@%V;Z=*^$'TV[FZ8
MPJP"#P$56VN'B2XJE`VU\ZL-H%-,4_C26Q4'$JYU[M)GJUX[QBV^?[7`,>Z.
M#-'NU%Z*D?*VVOW4&[CDMJ"^QVW[S<?,7T.L'EE*X&8$FMAS@6ODSR12-]#[
MIY^R(M6`"=*WXB3QWNR[(PB(X;@O#YF3DQR=_K=<.R,4S$+J^.C0`L<BP2@D
M:Y`N-Y^[5CY!%5V9^_[1Q?[5B1K&*/2";P(%2,-';I`,)%,,]*3!9F=S8@)D
MNAWD)+IRC?*G3F=@,A_V#,_#U=OMCLI"6$O]K(8.R7J)Y30ZQ+^W3K".&[V.
MJ8Q;;T/BXPI4MJ*?KZD9',<'O'2-8[=+:09]*X"N5FHQ.5FOH(:<#:A3MVVM
M"*@*,I&T8+55QTEY1"#SXA3=`TX0"I^)U`%%U_E_EE@HGGT&=_-`O\L5A.N^
M6E<G!<Q+2J;W98Z)RPC(:7TT-A=5RJ)8F56'DV=QP)(Z.[=M3BC=')W$-:O+
MKSH'Y?=QU7DU#2J]QZ$U7VXV)^N:<_O2,SC56P!)[`M+8ZIGZ$LYMK[\B@W?
MYNWOX`I*<VGG,BU/>9QRMTO#@`#ESTAC8GK$%8`+7I$OUUM6)Y+;4CBP_>RU
M';>.I<P;LI"!6+'R&\"()O'.DGOUV`Q(QYCBCC`<VC"_T+!3*S(^4^N"\9H2
MI"ML@L"L\#.GGAIW0"E1#'DF3\B!L"5O5"IU](=<$CE6!!>B4.6/2(">.HH/
M>%J5*_'N1-1+3`@$\U@`,0'-EM[Z+C7B5'O0\3`VY0]<;69`0HR_3<E&,C7=
M[7KYPP(6<'R&AAXLS99Z!QLO%RL;KF#5P9'4#ABUUR@[5DL<++9N9G#B4S7'
MN8FS5%LJ$I8*`Z'@7VF2FX:=8ECFMW(N>EWC8<'*W&#YD"[OB5$*!03KT7/A
MXZ_"G>.D@T,E%-PYP1]_-7N1:B-%JR^2!W<GXVNY&Z*+/TA;5>[QT@)749DJ
M8&]/1^RB%9%CMKD+U(*68/(E0U8JSIG`'0]';,<Z%YQ?82CM!Q84@&Z!@2R!
M%#8)IHI9(I=\RTKC^:0PBJ4*N8/S\-C(9H4D:[OX^]W\7*8KOT+C,,7X[6@)
MUD#+F(X'X;&W\D:@*;\VV"+IAS\G;!GQ4/(H2-2EF]?"FPEK;2:R;LMN6@Z_
M(\;NU3_8QAKN=0Q>'P04,#E#ICG*6_MU<3RW%!&NA$G6`#;8(A'MQ4\H=:I:
ML2/@)%!=2H,T2Y"40V?,^./`9N(A1I[>"X1L6NZJ0.L2:9'SX[C*B,78B$RR
MU)%;R8C'$5[X0"VCV%/T`'[CV[00Q,3-[MR[\NHYK-PJ63@SY8)E:>;1!]>5
M'3GW$%$+K+#$$PAO`6-1K8`NWA3W0'S3O'<D?2S>G%'O(_S.[<ZS"]\S>BZ0
MA<L^DW?;<IO-*M'@4PP!@.7.=!&B!6GX3A+_MK3(8"3#CJ.1D/R!OY:RNRJV
M=^V6!FNOY=O[+=WE&#C60&XPC:U-="AW:?ZNA[I^*5GI8"QJTE!TWM&AQ]BC
M)U=8_S`T896@-,IY:KHOON'^I(PIYC4>3:*7K2JE:!S2&R:#+U<E*%_5=L\'
M+4''&<*YMBV<&B='&*@RFSS#7FOT/RP]&MYD7HR&V&T7Z6/ZXL/2^)#88RQM
M4Z180LH#_3C&999+7/0C`=[L\2Z6@GY@([.&,)H)LWTRXJ\PL)1Z<H]=O/TB
MQL]'ZRBG@]0);]-]#<I52DSHIR+\.-MWFMHW#T"J8](M#$LI*OET<\<G)L]S
MBU2Q)<3;'8+Z*X(PZ^#E<CYZ`3;5W;?`[W#!=DPFFR;20-G-3E#H?76X$EVL
M^1J@PD.665S-W@3('GL3@^VB\S=J/D:65O18F6'*U4N:56;?R%1@<$E`7*Q=
M#N2$*.%\!1Q8BQSF-*K+V]#"^ZV4/$.M!0=;D_@,]&0>G%]%G_U0Y;TK"A[#
MF^ZMTCP*]T43*+<:X>H`"O`#E&0':Q"J$01ETRDA->4LF"Y)3IV;K^0/$^T.
MU$9JOM1)&8/]R\"VFA7F02F,BB;<B38VF0^/\>:J=I/%Z+`KE1;63,YD:DQG
MNF^TGR,BL9KMP1I-JG7K(?F,2B;ACQ(28VJ#1'1,)Q1="B<%%3.;VP6BFIB#
M*8%$\&(1K<JY'>,AS8/QJ>ZRI(#`1D75RB?.+ZMPUYWD\,3LQYM`].L=V*U`
M<A/!-\:):#LI8!]*@]%&^\49@VD_S;8WMY$_>'J?)>YX.7M-#*)]3;C11%"M
M+L#4WSZ/)D1$,M)0)J/(1LTFS$HU%MF:G-F!1-J1?%26V(+"!9/HW)(FTV#0
M&Z)"VPWD`.V(C,ZA)/#8R(VR$401(UCBE+=;B6]B:9#(X@:`2',_9SNSYM0]
MYMXL=)P14Y##K[7,-U]B!E`G=CQN@O1GZRW&-+$CQJO%"5XT$;K2URP*\:TJ
M#4@.;H]@:RODKN0VY?TO3Y\^;;_SCKUQ7>W3%]F/L25K:W8WWMK[<]<P?2>8
M<>ETPRV*XL?MN&NKC^S>[^Y!',3(O_OJT>KC\6>^B],`W?8[?YJY=/M\?6HU
M:Z0GC2?<4N=84*&_57W]R>K]\3?!09#BYAUV"9?`FA@-*!"Q0#AQ$:,<\&1`
M,*C(.3V4.,#5N3M&#8.%2?.B%M17@'D<$OOEM;LRPB"'!M>SG+(Q/5=:*(*9
MUA#6C"+G=;N32!T$WJ9.%*.:]8(/1&/4G1?D=M"&PI)FV9M5AB(XD%DL+`H]
MEJU2:912K:,`AT+6038+,B9G`,_BP'74D_E/1R=7I$6FEALYF2/4OH448"X^
M`^"IO.8+G<+VL\(CX<((;<0KYV3?P0HBSH5,A?-CX*>"B"+6;SXK2YW%&%#3
M$:R,6/6>E`DX1D@C2!7;.JUV$?6NIO=B+-*026GT>Q(\UH+#'&R6+FK8I2T@
MI9)?B+5/<%$<UG>^A/S(`J6=^JG6P4]A`?Q+!A?,\\Y:OD345#;P$40M63UM
ME_C%IR_-L*+S+.J.9[S8#C"$K,03@X$NSKCFA05M*DS@.L*.4+T@Y4`^HJKQ
M0,JE;A:E[\X.#V65&9'$)KS!(R[=_RI:>B$']N-0RP0;BRCTG!M0"W!Z"7H(
MCG36CR4PLGN`)&DJ5>-*"2F$!]]2Y2WU-63@4@&GW#BS68%U/AV4VZQ]QRB4
M-?NH3@I@T>;\XLS+C6?64!L%4Z=E4KMZ^0)FX)UC4K8O:"?OI0<]W22VDX84
M=;2>R>P8,L_(*?P:6FJJAH9MFLL%DLS]O3U6'[`T\#,19UB??`FV$C-(XH^0
M"(,DDA`)AML85$42TPN1X9"LK+CJ-VLGI#K(\X5K)5?G0=.S[02UPET9IM8D
MK'?PV?&9@1K6%,XPGD4/=D\"0!)0"&Q@$'5G*`;N1B&$ZK:,%:#Q'''EHK$"
M@X;ZH1O9:^,1,4N$+\LH]$Z"L'$Z*0:TT9%7%.Z1>7.G_6P7-!25L5=0:2N/
M=YDBFAI>`J5A,_W%E!JC<,!K(BU5PU5OVGEPH!Y//:'8&B4/7M52N?E:1/D3
MM!!P-7F?\=]8Y93Q8V@L'2.0/U9+*($I[@$[,]J"E.O!Q$KOE'Q&)FAK'A-)
M55>,.)=-WIW`!0IX6(U*-#LI5'OS!H6=S1AI<;+R1;GDB$NR"ZH7/Q&V5;:A
M,R$GN$D8Q>I8*NC5'(!M:%.*\N(]8U_Q5%*:7,EXC,Q"SPZ^-)9TX'9NM'&!
M4A!2XMKHV]Z+B'A?T5:MXAF!+`WK(4:!O#I\Q%):#,J2-8*C#-YK]\'_(#-<
M"^JP]8_Q0I?J>.M8N"C*G9NX^?`N>C>40=MOE^WJ^,CNF5"</\?,^=0T'4!@
MOU;[L**9_\Q!.EXJD8MO)=12#,^0+>$&']?==RE?NJ(U2*92A:(+S<T'EP!1
M=A/^:W:H6`?&TO'<(C`]F$L^;@?=O1);#J'JC?6+&JP'N']1K%R.&62*];*H
M@DB+`Y<'5@V?"&8*ON_UG:DNJ8FY-%+XNX=S[M"^.S28%:R2=RZ'2+YCOS0A
MSA<CR\TI5BCMM5BY^`X+FYN+?JG$A`LE3V0=L!+%Q7A38-OX),#V*-V4P"5%
M@IDPRK38>^B#]%TNH!=`D&'W++D6&@#JV]QE_I\$>+,V$"^%-G]G?:W<4$('
M.!,^&4<%^!<B45@0A']@NWUB5YU^,77.33;V#_.*>YA21[%0\D*Z(O[ED[3.
M0!'74H[9=_GH)E#]Q0UWI1:\Q-+RE&2&M;<L5O?>8)F"2H/]MX+*@TS+_^)`
M:96F"<9J&"SWE[.*$DG\CIG@%'M]=7Z.T4^9Q>GB)[N+:_LURCQ7<:FPX,ZZ
MC7/G042I5JB8-<@7H9J[5`.-'TL;"=+=TQAC68D);^&>A-@D7Z^5ER@>HN0M
M6&P1@:MHKO3\145&&W.EP.0IBZ>WIWD+*L5`/5[4-T924')16RFD3MG[8`I3
M'S2G4'UNA1NF$6RM6Y%Q[G\-6+;T4W`K=BI*3BQZ'1-$9]^[3]-\(BV.[*(A
ME1B`/16\#3(60UF0]KF@<.]HCXS:ZD0\*4^ZANF-H9>?@&<M>JI=N3))QY@)
ME;LT*61%M++2]`BS975MD[7G#,>-H8ZFY3*^=H`Q9G([(U=E&9BJ[48`#+I-
M#YQ*#=26"F\`BD`!M0RR8SNUFJL6!K0<;^[^P(\$8Q22AQ^RU2\U!Z-._:^D
M;DV!"^N:L%IY'"YC;-1"4S`GE<8\=S0`##(VV(&`?,WHVZ5])2DM-.>S`@$F
M9G1`04J>'&DQ,B2A>3M3M,XV'-0B1KW&2]_B[`1?<W;FE7S%X3"V$7/1AZG;
M`?+H<(G"5N%KL>4[3Y*$AU6(^^6[H(H[)N")4;$Q$N8&*EJI.E'\,LK`\U'V
M+#N\DR6[E16CF[=3=W<ZO[?4[=U+O^1)%"C['L?AI_'@8=(+R^-XL/'XI@-Y
M-J5L&AF!M-,O9'IRSL;+WV2%7Y0BUW-*V/?@+0PT*??F=3%;[OVUPDE$6/LR
M;QFG-R+V-\$$DR,XU\[>B4MXV_``(/>*?Q!==KQ,3JWDC[2GE;J<$K#O(1\4
M]!Y3M/BNQ$5@:(V@`?O&%FE3^ZSBIW%@O,"9+7>%.0LK:I\^Q;L\;[6A$L7_
M)7:U3"'63HZ8IM/^^C1D]+^VC/YO0D9_^]9+!.K!0CXID_A@3*P0R/AYV2`,
MM[M6*2@F`=N!!Z^LQ"SS]MUM"]+MAPP7W8'>OE$:GZ/G!:86_'?TIKD_$*3=
MG=WIP;5?3>XAQFE/5PIP'B2NW(6#8U.!3G.3D)_2WO)X!?MP_2L>FQI-_0:%
M'<T!C?E'T&&GBC^J@I@^B6<LE(.U]T%L^$9YG&WHJ!XE%T\EC[-H@F`&DJE$
MUP]03V:34O&?(Q1_R9,HR/,]CL-$9"/?QI:2])72-1</<A4+U`.\(0`[H=F.
M.8GI]TC;_T**E)0+MNNH7/0\^0!\;IC%YG\!)6NCDYDW;GJ1;A^:8//!XUII
MXY/5:/)U2)381<N+<5UKM\:7&-1?$_=J#^RNVL-T:5&95"YG+]$CGI5Z1#/$
M6$#\1ZA&Q)N0,F.;#S>CYB+"UMI(U-)B9J^R7X<?=U(_YKRJ=J3T6OM`V^Z+
M"W)I5:$*U0Y?8TO2S]4,BB(52Y,>Z0^?WN'W"#K2V`:J6*VLM:#\]#:ZWF-Y
MD:`>_*&QR>A0E7UYP_NC`W^VV%NVL-%OLV?D85&S3>[0[']O[8'V*&S_IWES
M3"PO5:V]=E_EVHS3?`*9G+Y9V56MUFAJ'4OI-5:CM96EWC[08&(I9*.;N7C*
M-*Y2\@C3GI7&T*#LS"ZTAP84"^'K-<D,VWRT^N#^_<^Y%>A4C8^T!0_VK]]?
M7_?7"V.2,I#ES8W5?H6.9&.`S]#1TQI_E[-/'Z_>UYZ`<P2/?//LZ&$-@.7F
MX]4UKM$<O/FX??/1ZB/=Q]F/^:1^TX#Z</7Q!%`W'J0%"Z[?\Y]/#J@3+>R:
MD/%@VVL/0"0N$E$BXLL"DS8V/OU-;PPQR8W`;5).8OD31.(NW*VK-V2D<K>K
MFD_<?R2YLW;_/IC7A4J\H5P:!&\XB9S8D'C=H7K2_;#L+?W;OU>,00^"5RMD
M=R)<]6/N\'*YCT5Y12Y5?1#+S914RB<DLPYN6.I7N/'%;&665H@>D[;Y/^:G
M5_.+G\,^N:A9:B=!*7XZ/#KD*N3YZ2E=+"XN]1(K9#?FX9X$QYB4=W*@6[&(
ML'_R-9.7;]);=F^6VO)Z.TD209.7MH2`>6&DI6CTZTB4%UB^<GH)1A&8,\^+
MA70JU<YB.[U9O,OHU[#R<*R6?#':IP))150FIE;!Y-4&W#J&*&/LE'9:E_>4
M!6A5?IZS*C>1+NGBF7)]PB<V2[FB4$)OPB(Z(W3BEL>&*LH5!77?U;%]V886
MPQ3F*4>5V[>;:"S3T-,$R&L)PBPL7_Y/0QG[Y/2LK5PD;.09FIQ95`!L*'86
M2S!UEMX5.R<UK<[^YR)\:A(S?AL2)JP*]A]_S[_Z,>1VS(I7)><Y<,E49-EN
MI#/NH=N>!$EI3EXO%E4)Y]$7_=#E!3:,MP>1['.W%MNR^&,X3AT!K1W)6?6>
MN8I/VX@:$H!JJYC8=MX1+6H](62CHFM34O.?R'VRXJ7(6'2//KUDD<9=EKU6
M="J+`UWVR+994@C-Z@\U*>!G5EI%HE2I.KDF\LV5#\4W[>JT@Q(1XQ&TAQIW
M1[NXO#0C2DZ>^C-;IYW\_CZMY91%)YY%("3UCRD^O.V>*(!%7X"-[9%#+X<^
M.0FDPHH#_?6*A$_:(MH\X2@@Y),CE07H&,%/-%7+Q%/+)@KS.$R*6(\6:D@A
M4C2$Y54_59Z&86XZT<C<%+76V6#IGQU?D?W(0OU;2_Y3%R:M-`2_P6"J&>B@
M87+KD+SWB_FQ$,SL40*FIS]>7)TO]^GTC_%TQLWVI_KWQ>+LXLV<FW0"1&-E
M0.S!?SS7!3=(`%7J_N/O$`$I%7X9G.4/*!?:P/'/76,CX$PG^^YT%F39/_Z^
M]LB$]I-`+ZI&7(7O6C^A.VL4T41/%'N14N-MJI9G*_&*"J\#Q4@P7><TZ3IY
M!E,+-C8FTS*JJ94^CI?RZ@(#U>Z-@6)U!073WWF00XODS4=MH"@^XR4EL-2+
MD?RB\;/2JY$TY#'H@@<QLGUC'W<>HR.[+!=6I1ND+25&[$,Q[MP(JLL]AG=9
M5]NFYL(^=VA6R_$<FNHG*(MU"9TI@V6KB=\J0U4;%]Q!\Z/CXM@,J)1Y"`,A
M_ZAK6+ZZC84BE>+^C,$>%HL5+G)#3_EFY^EWK[@W%MUT;6UU_='G1:&NL?"D
M*F4%RGENO6ZI!85\!J10E=\IQS9@'>)+I#3!!`G"P,!4=.\ZQ\N_O'[VXC6-
M3F/'J4:YVLA0B'PZZT*J%BR1)E0[Z$X83E_L)BTB3">T[$8L+YUE;4=@1UAS
M6%VGJL=^V6OKZIY-PA-3L<>3Q1\^6],O%R^`K_#R#Y_MHM>B^G-![*LSLN?U
M])!;B]!%[+&]_CLS>B8"FGTO[S3[_5]_]@)]0SJUY0*+9L(YO,`YP"EOD4XN
M[1TJ0QD0]0)K4EQ(*R?).RKF'>R=#!!ZBPM5)B64CX<=NAI*M;!^#L@T(=/A
MT06&1FJ;<T!:M*1=-$2*<B4G/;]$"Q?!N7;!<J/XM^S],-DJ%EI>@<WLGH.8
M-]HM<T3$E@,"1-P\`AQB4?P_+?O,FQN!C`5<TY9:TR'@[$&@?C%CJ8XN;:R\
MKIF%D1KRN;UM`ONHAF0L*6)G+!LM6$L(6_&:.D[VQ\7*.S+P>!"RB]^7!8C%
M^/CB4*;)X]-QF%K<)*68646&`!AA(/91\R"%1JXD*$3VH;0A(TCJR1?8I'1G
MQSA3O].P5@]H@-BC*@C/4;H"YO^1=VZ[=657>GZ5#4?N5B&BJB1*=;#3!%@L
MR69:JE)$E0TC"((MDI*(HK@)DMNR?)6'R$WN^DERX4?)D^3[_S'F81TV1<EV
MISIM--`J[K7FFG.<SU/S/HQ#Y&F=+3380G%[4*U=X.4%NR[7W^F:8_<+IRW8
MC.@F7\<6(O>_U8LD(<ZX0;%(,R9,P0I4Y-51D-KTH)QKJ!>@'60UH)H/?S&-
MOJJ0$'HM@B1&6ED3"63#7VU-_%L.=<P'S2(_;@KIL4#D;'C\JYUK@B*?S)&;
M@B?ST8+NOM$T>%O^J_5#*6KJ\"VB$$*`P6*:*A31)3F+O.O]DI&;WTU>5*VA
M&,^]=8C7&'Y:>=?R8GT6PWM&`;,B%X>%1)(V=Q<_GJ=@',[N*>Y,.4BT<+GA
MZVC+6X@V*YIZ!S>@O,(+N(3_W',GY^KH8OGNK"CZ@!62(VR74&TG*DH,<*FA
M*GF7:>KL#S&UVYI2YD#=6Q6M))H+.:7E9BLH^H])RN@;@[O3RMGG/U?:G20`
MF1R&A:%%%*K!$Y1/<WBZEC]DK\G`D:]T2;)9U^)V\KP(HSN!TO+5$-4!W;::
M96+SG228J\4LA2RIC?9N/A$/+&7C%@\+D)MD)+G&3F^G)<<<MU]OM&C4W8,\
M71>OF)UI=EFTI^JR5'-#<LT>M*<<'FF@Q(7`;T]V($\U7"BJ78GRB2Q&:P31
M#IK4\(QHN44SR<;=OOO@ZU_*_/CJ[C;_*/IHXI<,EG4PZ.%=XO*;]K3]U^SI
MB[OW[WWJGNYI3W4>QHQ&4YXA/'!(`;C,$^_':;:__,OVO0*Z]'BH.FQ2J.>D
M(=M^4`$^S8D>YO)1&LYJ+I0"#7XQ`61ZXJ!4GM7__2RS&7/:SF=[HL!6F;I@
M``?3+^O-75D3]G,^W7RN!@V]I0O,\9\56/!U\)+VF0L0E6+@5F*1$-U`J1$3
MX6$B7#F@8A1<P1ZXS]<(&B!QD2OEL0@:?O6PEF(A+&8_0A`[VP3&"A/I>:M&
M/R:???KB^X]6[`/=>[TNK]M:GS7#N!U.LNP\)PXR,%1AA4_0^WL9KZQG>7N\
MQ,Y&?@+RKK=@@Q+=5(;XYOW+"_I89PLD:/8O@$NU@?]OW?.;4R[P/%T\1H!9
M<SYYLN=NK-\\?D)-$=U84ITW52^"#[ON58QY#%KK)X3A'#!:FN@J"E':\[IJ
MF)#Z::=!UII^ZC@0_R[#BJ@L:R5XT$\_I<GG;F?6YW*QTAQYM,:=S_9Z84!1
M8%QOUOGFJU_J_YW7")S.AZH_/V5J<FPB[FV)P*D;48O''DY>V;<G+`R"?><8
M!8R*02MCQG"`UMS1/M>?@WV`DD#C=<<I+LS@0!/=6T[H:$'=QC>HZ_Z\FU1Q
MF@<#!6[.%W0-\-X>^,**]QM"CQ]E#-R_^^#!AXR!C]K!UW>_V?[('7SYU8U5
M/\<>.+*AJ\-6NM;,_I"_^@EB_<RAZ:22@1B7;9@";"):KY/HV^2ZL_F("Z):
MXV^G-D4YMQY4R5\EZ:0T1<_5U2:[>-$8-'R9-?[,\I#).O`>T0!DQOJ$-O?P
M61D]@?FOV1"-)_HI#8IJZ\P1*W_)-9HG3#F4^'F6<7=I2+)=QD*;%]$-4"XA
M\:-C6HLO<"9*6@0+]^7:*5,^H(M'),Z6.#X>7(88%#>0=65>Q?+BI^.KH41H
MP@"K'(4=41J%I!:4'*HSEO6Y_(9@'A8E#Q![7^#,>C*1BFR)H$-=Q`$5GV*>
M%0?119+:1+M,2FO8C=!]M0#>(E^?BB%=^'?I(?GS'$>@UJ@M7.?:=<E1E,HB
M<N60:%E0<`V@\`T->Q)<1T[,O"?_.T^:9-_[I6/AD4;$O,_ZD9NML?](\=?$
MW+3]J<9QV%PK8W3TUJ=+>@'[.4U^K+=0D$`;'RZO1*'H+N89)69[+6(Y%&XH
MNE24JD\RQ5.Z*A2RW`*4O#/CHUDNK)Q'T0>I^!*FDA[:UAN!^U\76\8(BE4J
M:;S/D3O.6;*9LEP"Q_Q_L#EY,<BB9H8(FK"5#=YA#P#N(CNY7%W0*Z+;2,1/
M1?\HXW/K`<Y,Z5UDP7;@6G.!4%*N@\.4.SK$TQYQT/<$U5'HES#C)]0\+QZY
MG%<!Q1JU\CTR))DZTV"DY/4Q`4)LN+>^>H?2)I^O"[KE30C=)()['+`4T!7%
MS%S7<.]7BV_+N]\1;#A=G4>+NA;2>*)8\D<"X1<:=Z.I63JJ#/:2M(/*NO%V
M>;&U#E"V6K990K8MROF"IZH3P*&Z8]LB^C1:]JL5K_B@\Y2C.I>&ZN2DB-3:
M&%3B>LXE?7#GZR\^M8CN[W'EZ[Q<VU2:&+'3ZBS=NC],-E>PE0XC"0TA>^`-
M;(#H6.*J'XV"5(B,[RD^^&+YI^-)GU/^YA'L#-]6V*:[8B.[&ZU0?+O#;6HJ
MCU^=7/$H^SJ)A:^TL$4((HLMKUZ-,'>U\YWJ9:Y.#D<273'X8H4C'D\EQ(>R
MB+71.<A/:5'@P"?#T437%TZTET%&IBIU<R(;M*OQ4J(6-AQJ72O*^&+[1"TL
M^9&T-`?Y9TCQ:/7V#BG;R$8=$-HEOBC^E*+A-K^LJ-!?U$=U.J@5X9L)7WU#
M<11IS@9#^\3&3<)?RUR^(5P=8Y#@=L8OH5'1B*D1YL&[EV,TC8D)\!]'_<<8
M]I[<,/[C=R59-+]4.XXPSDX5[+L=5=K'1Y_)5.GW_X]E]Q[HSJ-7J\GN]ER5
M+Q%_[5T"N@FLU7B-M]T6&3X77NO<O9#MC4(HAZ7-D:S!V>6I7;GQ=PZ$G*TP
MZ4&<$#K[7$3.AOQQ8VB-/YIAN-I_TB\[?G87;H%4#D_(<92R*`EV\T@I!%(5
MT/I*6MJTCQ83*VU3X`S^QFH@^EZD*-MWHP!&(D!/UXP<")XQ$30#QBS#/^Y_
M@MR_VDD"[C<@X#-!SI$2[:$=2?;>&"J0+;%3\1Y6$N88!O-GHC@3.1#KIYI/
M"/3%\D];F,!OSR5]4/@(LO'Z3['KMR@0R@&@,L>CDF\B;QO9U?FQ,;=/`F:\
M;'MX76P`8ZP8_9/5S=(=F*KO53"?XGO\H1_65UNK5UMY+4OSY<;//4Z9:KB-
M?_QVB<E*`!`ZO5!9F`!<>*M*Y_?CMYH=5FAQ_$0522""-`4#KNY09&+;^'=E
M!J\R5*MW<S!\T6D8L89GS<C+RJ2XOIHFL85X-UJAT'<-@.?<7KTB<8QDUCEM
MX&2NR#K*!4D>'`/'2%LY%B8J;2$YT6NY5Q$N8L70<JB,>MYKMJ:,9KFQB^7[
M&$.'`4T9:G=HSWS<;*G/:`&?8P,H9*8RU?&,;A@^Y^VR?^O+D`^V!XHP$.:C
M+D5_:12!=K<[F?D$A`UWXN)*'X=NSI4011@!52NTCRF&LAE;T%[%KP&>XDIL
MSBZ2MH=&A'[PH61W.PTRMJ+F[;L7O*>MQ(X-.+!Y3LT`,K4_KS_W6L*3"E([
MS3<AO`T67A&B2%/`>%X=I3SAV'J>]"`-"*O+@4\D7CR(,0,JJ":GR#:TH0VN
MOB@W0#QF6#'G1)>S20)`Z[=KEH*$(MDB*8ZQ@Q9M^F6\VHW$"I[1^+W0FG$A
MZ0#HW<G'[PP@%*PP`<Y>I_:-$1!_NGI/]6\*U\E.+*R@/Q2R8C*Z-$2B1@04
MEA-`OKAXC[A!:QQ-7M];GI^H'-0O]D]Z%0-R"SH[HV&LD&"[OGZRV@@Y6E2<
M[S2UHQ1'E"[&W:2S[[87FCSI`RLC7X5S%AU0&C#'0)_?T2?3R^XI.EHA&)BN
MC%7;`.JYG?2D$H"1]SY^<B-Q!=&,'V]Z"K?EPWH*"P/_E^`F&UBZYC=LN?IR
MG>09`<.Q*M-D9A"*O4(9""J;..!/RBZ(2ERK:+%D#PKGDA@B`[FA@(P!]!#(
M&*8+!,\H<GRI0IJXM)B<`"X8=YI31ZI*/0_K#LL$R(O`B9T:#;)"=$DP\I[W
MXZZ\5RH]U4/V:Z`Y_A.44YIA]U]J(R^D]-&IFF74+R>)KP<X<K_U9MF9C>NV
MFDRMQ&3L2Y>$G#."G"+FT`P1["T0N%R_HH7F1/H`JG']?"H2Z:5S7&$BA8@P
M>S]2AQ>+VS(4CO^T5#J(52\(O4H/Y&M2<&N-9`TN=B-S9--2;@]8NIA@?RPW
M&M1Z`LL+*O#'&FIGU_IGQO"6=I.T4G%CG8(1@^EF0,7Q^N+WK)6A+6?&4-V4
M#]IV\`PTJ41QGG+UF6_JV(Y*R#>@PC`29G;#X4*I0&`IGAS(,"\J=$Z:PH&U
M6($073@#"?^Y%;7_%A%6QCP](X75#.]S3!<%`!2=]!=$SS&%262]-+J87$Q_
M'$*?Z"TT\QH67*ET<ZH>@R.!'%1334;F.^S>2&<N(G[P\7'0!G_32,FC3B$W
MDFCS9M'^M-AK]^!'75*VO77O7@16S_H)?TUP`=1BJQ;[R0Q(@9;@UW?@8'5&
MQ36\PBU:6!.;R#'2DX4<E1J!^N'Z2$OW'D"Q":@"%ANT,7<C=/P`3TT&+J<<
M259S`%12K28,!F4',W%8[`#%%73.W7+]PPC>@T"9*LZ#OB[SM3H$7E6\+".U
M\%;CG$CVA(TJ;=@%NN]]\_57P0WM5?,L?")_120L1]>V6EOA@"MKO>R"YAG0
M>D_TG*:ZI$V[3IA0V*%,/1W*]V821W,$$`)7B<.%P22]W$"?+):+5.RJ<!&!
MS4:7YV\6V[>7W)"B7(2$N.WVO9,+?>MB\41CKB\6_V%[FP#L-U]]\]G<$7%%
M@VH*2T?G@QT8\33M"U9>3!6@WJ-6T5-6K9ITB'*U.*`>2@J3[O&'16NJ[>$/
MJXN?B/B5[,Z3Y3M74'S_AWV74,1N>C+1^:<XA+P5F90\82MHEC<G+U'F!@^_
M/5Y1E7WOBZU_]I:[Z#\V8BW^UIC]F93#_5\M#EJ7Z`+IHBHA(>D9Y(K:JPF&
M5_2_N1Z>NI\U4_$Y[@R=SQY@HJ$RO/`,RY++IG=KA=60R%V6U16#O%(+WIL%
M5RHSW=(=T@H@;4K/+/%ANTI=8,.V3<FZO@>P`;[C,PP@`A,0M%4\(\TLJW5+
MP9+_<(G+P*1*':YCYO(8$'Y'+!B!(RP*M?G0><OGJ+17AC5).4**5WZCJMR9
M-0>4@4WEL`:KF:?@02R.4P6!H7O^A/[(SZ#!<*JP.'PL;__@T1[7/R]?O>J0
M&W#N"MEJ6XU[<L@11B3O_\.FGF_7I]3H`*?O5W<7WWQS9]IB=$*;4H7'W[3-
M:.=I0]UF%/Q-/SFOEX-DYRB#!&0'GWM?(-8G._T[`F@/-0GSU/JO1XYQV[YZ
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M$)UT\G*UBC*IT%O2?OE+;WS8[Q1,I6Z<`7)1T(__;$+)FH,,U$F_^=(ND(`"
M[0D!#U&-_FAH94?4>8+R@[CH`.4M"!@HNO)(;XG`$M2A\^0['3I0D87*'&QF
MKW(APJ-2;9.LD8F1T=DR0LJ/[#.J)D0_`QR-$?*BD;6MTG.90KSEDRBFS*5E
MXD*5_^)?*KA!/K8&J']\\:U_+EYH21+ICY^;T2A,,_``3,-G.>:`33KF@$9;
M)GYH(+!(),';IV2.'.+K^Z9WV0G=AS+Q'`$;'`0L/GE;NBQ*@>0&^$SWZWC8
MO65\@(DHTOX3H.L:[CJ_OWM0IBN;Z#P.V6YS@(\`;>RJV-+LW1[ZY[>+K_Y9
M@9:!W6POOX%Q5C-B$,E/QV>3H&V:E;I'3;)/`F=N,P4X;+U\N;+.W)<EDQN@
MA#RDB?:DP3'\%W0Z"1U^`&3C.,X$:)V%7,S+3SU.H5CH4O</GF9"RG8DR)1L
M6*XI$./:UYD`^T<>9'L.X#4=>QU^_Q6@G"5%34AW,H&KO!"M9T0_97,<GIRC
M<RT"NAJLI%\`F1FM<A[N-,%S>W?,B`U"L4PB*&T'2&_#7$`NLM;U?)/2R;A=
MT68`?#LM=I&O"/?[AX$P*4G?3A1$DI%H:HX$F?P4LP3"M<\1$):]$A1XSN6V
M"$4[L]TN1).24=S_:I=4G*(816$A).?:)AXK/6BYRG+J&C,^ZFK@9`1)R`D\
MTC9A+]D-C=B>1#JVCZXT?J[D*QKL($H.>5-#):36+W4G;7&;(F`Q@%"`0PQK
MU;>O(N$"Z)JRAO2QM]Z<<'F93A5.7Z@I=%^)?E`X,0@7NX!2.Y_5\UDX7XRI
MX#Z"X:&R)D5%';BQ`KR5ZI]G-#.<Q43#1$Z+G"6>.W8N%#JL=;)&2+DBXQ,,
M.#Q03`.;;"PDD7.IT6</04^,"I&$YQZNUIA_GU,*Y4/#L=HOA#8TX8<:&KG/
MP%5Y"!D/OWU:4?H/!-5_C4%_>;5ZRSVYV%Z_??I\#Z.*T`Y?VD6<GV8LBL_H
M-^$'+:@@EN482C%CO]K9FGE9A!"FNVIO>0/ZQO_2_3L.*!V9F`8?NR;D"%'$
M:E@*(ICA%3*F7F]4A`:!P%CUJ7B5`3_2'&,DSKL3J0XX$;:CZ*W0%&&T@$"-
M3-D!Z@-GT/T+B-:Q+.TF?"7'NF7K$/;I5S1$=#)%OV!UT5/3NQ<D>Y3Y&$LS
M8'%J\`%7;0^2^=JOBH(^B4E"/;&4C:5)/'4>3+NV1\;*=4B:/N#W/SR1Y>>X
M7^V'N;7=YE.'O--CSHIA7-&(5(/7`DKA#7J1&F]L/[B&9'J\B1A@#4S&FZ8Q
M);]NM;ZA(JRJVHHM3@"U4XN/#^)*T8FI\KTK2(D9?NC)C3`GZ$5M-`4J*@CW
MO:7)YQ"*HA+%Q(5LRN\"_M"4C?^457I;8Z?L,!^?O6:DD8VS5G\MN@PWQ5P6
M@I+(J5P.">Y0$Q;P9\@XWUVIDDSD>TQN8\@'3-L&Y$'MGC<69O)K!9GMT,3U
MX:6C?N^-YGS]@,\3\6ZHS"[*XBFV*!XN:0<EV8.9>`H9BG-T:$-1F"\GMT#0
M34S,:D-WYLW)C+=;(Q9Y3NG?P^!6,,[>")#*ZTO.ZI:I<^,DK@,,8FC475^#
MU(6.3?(EYSBAE'GTOF!+5=AP2[K1(<\B:]K9V?+P0M4.GMO1H)H;O?S5XMYG
M8;;$3>Y9'J4<&(I;$/KUXKXL_^2$E92]@'1=3\6O%TRSQ&53,<X5"SSXC%KY
M44_"K[W*0SUWIJ:_@7=E*6!C:M.NZ@D%M3@6)%Y8O9O8!C`^;O/7KVP=O.=I
M9:9AEI\<;;`"VC%[6B:[;&T!38$,I:'<77)8?Y2EPY<25)58X>C6A%6LM-:)
M6;(Z&$_VT49D7KLET[Q+.DH54]*0^4WF7A&KHF'KK'2G%KJ[LRA=JN6),`WV
MD9^U=R7#"3>QP[!#T,>*0(AI6:2DX\1CZNQJ71]Z0!9Q%)W;QA1#?,MH/1VX
M*MVGO(6M+[2)(J77XP9[5QD3^^`O3I>W+!M_&#K.#]E0L/%0Q5/Y("M7Z-E,
M")_`S>CR%'4E%0$A\Y'"V94(PF8S]I5=@6MA7IER[CG7#!*)!=E?QBRRKUH/
MHN`T!54T>JUP$H1L]`KH(4J+L.O$:>TDGEIW$!)6K*Z\905""Z?,)AF=*!/T
M17F&]Z$70&JE5C8";GMVT#$VPUXBD`?\10I/D]@;5,IJSK=_7GC&MU2K3#G>
MKL(,<5H4'',H:O_2S>D[D*`D9Q0NM*(0%2[,?;^`N<B;MI?Z"RB/`T60K%M3
M#,*9U3)5=6-Y#1(AAQ4(P>`1E*=K1[`1):&?SW/?IH!K-]MNZ>0=-9.QD2S=
MK10,Z<5,3CLT+%\TF4]JNX(KQHZV=(VWM9"V4)Z)\Q;<RFV)$T2<DT,9G_&[
MV_?:2*6:[I9@E*570)2X?6_]I8\U9-LG4U7_ZFW>?UXZ3Q-R<KT)3$!>4*?>
MO?:C($P3@M@F,EQ/^P[-%J"OAD6H211H?_8F$?37COV2TL,HR8JOV(XBII5R
M03,9)_TG%6E3Q7M&&KW1B$"K8U6%+XW;XI50OGAQ((7TA^L-,NQ.A=(1YA5\
MGG[?L>75\?*MS_/M"J=&4/T.(_^0E@F'`J*&QUW^O0V%;+'M]A,AATIHU9#3
M9VT%CF&69IT"L9U%IW,D("[O+O8R,-"G;G(8W:`7=<I#+&H3MA6E8P4F\1L'
M?!;S*#@Q06N$1V##G-#A/S6T$./:N+9%W^[NM13UQ*?%1<2?S0`_DO/*0TTA
MXU89P^.*W`#4C%'SK^"=.SVCT&JMOIM)4Q3%=E6P>(H>TX[>L43PH0BG_RNF
M<!+YX`>'K,!!38B=A]!06=%<R+*56=..).VM2C$U7"L(QPB4PXN3.OK0E2_)
MDT,3IP*PG:""<O35#UK?QLGU%FMA*=@'$HI!,'@R-K"BI#^#.,5Z#<YL0N'U
MF@H<K".DEJ.4%A[EX0J`-9DP\FJ"RA+V0O6=(.3_B->B*WV[-1(F.7ZKB*VZ
M-?X`(>AU&V1JA"ZSB&N(WC=`:MK7QI-#TTWP*FY&XIA2OCA:_XO<.\5WNP`G
M915UM+2H\Y#*)]B"ZN9ZZ'I'L-B#^0-OKMCSE252VC.``8,-FZ4LEJ[-:&,>
MY8:GO(11ZT'?P9-WV\<B-%P(&.!VP)0*>[L^<VB:&;1@P#Q0PZ>M?TD@)4*1
M5:W2$CGX&WP$&$E]$>-F?6!QA#>MB"NK=1*3V)1K43BC!UGJUQ,9MQI(_P;;
MBIH=4HL^*DE#A[+T"P#"&5;[E:W@)?=:+]6FIM0"#'Y%GPR:^G2%V>W#2M2^
MP4X1&_=A2YTAN@>J%J2"5Z5+II@>KXU2H2QJVM7LD7E,HS+(6Z;%2H%M*7$0
M*&TJ7I9Q?Z60/UM-5S#+JQBB,P2WOYS?@*W*=X6)-JE39-($$!`?+MIV(>"U
M"127<3]ZJFNUV@H=TB2.:S*%0TP)"3`3G-XKJ</3/N"V5D2CU`V5DR)>W0]7
MYM]5LFM#+=Z?:UG%&2)L`K;1BNBBD7CJ2Q,MB3[2Y;VQ:.K<WQ<-E""G8X4"
M^9QIM&=GN<&R".J_0DY]FHRBZG1K3DZ)F%_'X*5JXXP&18R$19%B*C276RBJ
M$H:N(H41)U8,\>\FE7)68D.'L5YE'`*CV2L5-1+E?Z0`U`6;*`G<+3'<.U*+
M%`W($O5ZD8$)X8$S:2W3/@3A2R?TV1J71"!B;6XH;E2K]],&YS>(O-I**N6V
MO&V3#^"<?GAD^]SBW6I]>A0V73\\&1[H'G(G>12U*N7%=4V]"`K.P\90WX=%
M&1O$T:-Y;I*DKA#X]9C%&/@T^5L^78'ZM/K:#C;<=;9D_ZF3);;D1XO.FQ5/
MEGL*V1UG+D"R[]G%RLZH@RV@`$7*:=YOQ0QX*@WC/#*[TDWOH"-*+$BN83W2
M!E%LVEA7H!'%]K"3DW*QV/ON8)`,;+@28BT#0V['P--#C3JH6"X)-7.(;-FJ
M%/D6^\FK#\1+Q1:IBCA<J8D)Q*,2MKS/SE)5385B!X)"&Y\D`_JCFZ)I/C_\
M:2@3!N0H@,<7B9-JDK-JF+:*3A#_H->VZB_%7`BM;E7\\7ILH#XS<H+=@TU]
ML5K*&-$\.L+#O:60RL]1L'-Y$PZ$]29!4_1711?A;5TLJZ!L&M,.L.R$:Y5V
M3KBK[S=!JT]M@NZ"KZ?;+<7<9A"@&:$9VU).-\B%L2W=G(Y4XPK2(>'8G4K#
M7"=\OEJ=2KN&E,+^69->!G7X'E%-#.-I5Y#SV^,+UY-I/K>3'J*)#)!73KHC
M6_YRS;,VH0!U<P5E4X5QE+8A0)>WPO+LF57YZN$Q!A)&NG#$WVT=1"V`YD]X
M+HVQ=WC!!4]^1$&M1;0("!$X8E=#?Q[>D`-8B\/8LKA<'CZ9"+P$I&5I-=3N
M4R6DK>VXC`8Q*'0@)ZN0,`+=JJTT\@N*70M875%'4T!RPAVR](M(4E*)H8L*
MS;U:`_%Z253UWR,&I:SE.!\[,7P:Q(M-(YQ@)MN.2BNDPTL+BO1<'C:*(%7>
M2`O0AJE'*@$"R1?KW3"%FQ=9-I[FL.G+^+)J:C&.NXO?4--U`0XGRXO,8Q=!
MMY9UT4?F3YK;2%]!F^<`,*^E.(CJ"Z(O+=1M'6116'Y5?!Z3E0S8L5)I/^`J
MGWF^R2YCTYP4>UZC(-U"B<2R2MG>91O#$E9R@U$5]9"M>V(,*,B[@4!&\.OE
M*0_4-@C<->@:LN%4@]#.\>&;,\KD7_-W\4?/@!=7:/<3\@,J-N$.8YT"ZXSL
M@4SS+<ZZ52!&F_T)UL-WLA+:/E@MZ_D:1?3D'F^+(GKM.#)U]S?7KF`$>--8
M$0E'/YP+F"Z@J.(,60M'6$5LEP:,D4BMWIJK<E@/*(BOH\#`OVG).P4OR"V7
M;.0(\&JCU'P*>.A,PV+]">$L(M:7I-)J,6%=(`]"+SDY;(,03V&8<14/F5N$
M7)0=>^::O6_[DQ2P:3J@Y`B^/!$:53ZRI(]><".]SMEU;Y/^%$%2_D,#[:(P
MCI,C^MJ$/;BC.R:;C9B]MA\CV.U.ABLL$/`\^U/;4I7\59OK:J8Z*"Z7@A:;
M_(-?'S]A[HI#=67Y*+P1QH3,DE/VX$U723"DR"7R:>Q:O4<F)>K'<1_63%;:
MA`I_\E2^A3Y1L1$D@8VH49?EPS@<(954:ALAEI0/5#4Q70*>88LB8M;BW<X=
M:%1AK'C[0H\^VD\^;?F1THOCYQ&[H$PU/UH]!%Y]P'X!,5AF,K*%N-G"UR\.
M;P$P@.#:X@GP83JCD8,$2S5G-FIGDQ=,-H)ONE]L`"VJ\$*1^VB^8&\I\!;N
M]G;Y+4FN!N";C<E!,JF_+-GX(5QWE:GI94<G,HH@%]SV.GF=T?X"OC3R(F0I
M8EV=RP@@HN$B9075JZL69@.8=WRS**0V5K)^LL/]R,_8V2WI]X/4$*,'YAV1
M%QQBFE@K`,9&S<QVKV)-,`/15=+<$*4XD,.6371.4GEH:__`WI+15/X8$V<H
MY2B9S+D7=\/-*OB="OX&T1YW15<C\1`DHD\FYIS\Z?AHZR1:"F*>$!JC[$9;
M'&QOBT^;4.E)Q+XR!L4[C_*V:Q$"]]2Y<)*TK@:TR:WN]F,@DYAU+=8/Y#CH
M&I5\FF91$03Y,JR^_+MEQUMFLU9ZC=/AZL+6'@M8T@21[X/%6<':\4:RJ[(J
M&ZEJZL7M(52P3D8$NR/:[!D,&AS,CE8G;5AD@+K4A90*!:-O>:31%(F,^@0V
M79+;8W<M(9"H;U#=&$RO,IHSB?@(BI2*"`OREL^3\#0F9]!79^9Z5Y)MI="B
M$PVA\"VDHEY+U%02X+Q8CC&QA@^RB&R!`:>,TQS06AC$V:.6.1F+K,+GR$-G
MKR2F]$R4UJEB],.CQB;QE3]0![9X-/_N:+?S,LD1O!L]N2]6"8L#"_M&KSQ;
M,_+C</SLCL!_4$V#T4H[22?C/Q>1._Y[$7[COS_*BV[E:(U_@P=JPF[XFQMV
MGV<*+W[J>DP)/5Q]^+;PK]N];A>O7_[3+QX_YO)N_O?I5\OI@J*ZF:[[2VUC
MD=-$^O6CJU>OAL?:<#F=WO?PCABV<'Q)&[K$M7A28;(;+8+?`"XC:#6=E#-:
M8@>J=P?:ALDY\T0:[7'5Y,Z!&,5['GUB?@G$NTWA\5BAT<L[W6B-T4_SZ\Z#
M</3J3BLK<[`8,2^#:_34_`=^0$9<$&%01".FU(Q1-EIFIY"OQ)Y,"3RYJ/;^
MW?YXZH_)W8R-/U=J62-_':O^+(A_]DJ0>6@]B=E/%O`JTVP]G&-BWGD4LTOM
M#GX\F!094YGMSQU,._O*01*@<U#/GL1$',8(W^?'YZ@F'HX\"X&WU)L7NCZ;
M2%@G&*IW9<+DO;<G:YH95)1\?!03&CMS+"R_+L178[?.\PE9"(6W+RE?#J]4
MCU9N[X(*]?'P:O6?$YT==]-WAW'NKOAMN576YR\U7BA,ZILHN/)@^%QSWRZ8
M'[W@M[''9Y96&8:&7=M35+]D^\Z8=[NHI8VJC,9"R`"I?S%"HM/3Q[WW<'V)
MT0U>4M\J,1U[U<6?U!W))('1([BP([]U9L###,BO,4*VQP?\F:"G5>=\!')N
M&[@=:<E\D_Z4UM2_[44'"C'F,G"C80"1">!!!,U9E-A$G$EO1:>4%8.]@V^S
MWG:7>")1^BF.*5_;PEC_N>!XW,XY+YG_[0F9,>EN%CH;3DRA_Q:N`S(GQ.J`
M%?^FDF@B'?RI&TFC\2D'F]PDCJ8T^;>5.T[O3#[RK.B9@9%:=5$1D@@XN`^N
M*S,?)>"(!O''+L+5.[M-**85Q%($RB(VU+TG,"MZI\(X<:Z=IQ?\8^0$$C=G
MC,4%H6*Y@P/E.#2P;[!W`LFOCU<>%(4K->B6X3H%!Y:UE;_*BXS1CZ.=3GS-
M[*ITR]W$AL@?<[S\F*@>K95-6]S&ZL\&V.'SZ=VT7N7]WMDDJ4+=%O$<YQG'
M:^]ALBCG(^0<@)TWW!-GP3E^</?R9#GZVSSC!CA&C^[L5\V)''^\HDWIPT\L
M_NLN!5>J"_EOFQ_>GU]N?F_?NW]M6S<@%$5>MC.Q<"/!T:H<12>E)`#?X-/*
M?FI5'OD2Q7`RW$\2*G.Y)?YO9N&3."]4"M774'<EJD<4:'!!JO?KA(G;1\V5
M,.T>-0DM.`KO*]&<9KNF^"KC5WL<N+";ZJYL!I!9+_7+(K)@9<\J6D9PNY:M
M03B5"6N4+6+],Y^Q6/"MZ.OS<*]*F+Q+8U$;L,ZD"F:FIEKPQ9KR%EB>/_WV
MH-K`89.;?'>_[2\$B,16UI]UR,:%)E.)3"MZ17BM<W2ZA*_^7H#X:<@N;W>G
MZW9%&,N32)URE]157#_SX/+1^;C%9-1R`7P(`5.8_6-7<P1$F[>H*QD=G^TW
MW#ZII'L]+:@LK_4,$##)[V4@+NHAR56LI@-&7P":%N>H%,"6XW[(DKXK:8*_
MHKI.A_J;0?\#%;^9S4!@GMVT]M=,]Z]1][N7]?X5V(.0/:R:Q1*ECJ&@8%^Y
M-W%-]V+Y+82%=#520-,;5)--1AHJ<46<8)\$*1M<TY#4_8(VI:I=#-R)''WB
MD^KP])'\O`M^4L1>9@3?>QQQ\:&R=K2193G>2UP'WV<M/R([+D;5>1"LW+.<
M=-,Z'T*C<MZ/H_T`RCM$-AD_]?$""U?V3SE>[%<Z9)2_UK`9-JE3ET2I!6MA
MQZ@FV+38VS4NLIQL:-3>3JD]C\J/BPXC_HL+YD02<IZY'>_H6&E/\@&/UQ[F
M&-V#!>3:&,"TA"YB(J5+B")7"RD1"G]``7FA>-:?\0;3=)A2"6*`1U8)@T<)
MVI(^YS]CA$)H('3+"47R7;RB43*?4:HT-%1!D*2?5B_JDF5*ECXT02@?%]_K
M.*:#2(X/UXM*SE;)]9)V*D(:'X+G>?JJG2%`,_KI\N2M!.LQ*6!D<5E$>VLL
M,C9AZE-BG?884,6)D%N\`7EM7DK<U+9TVUH'3PW(=$&^1;BKJHX)+Q&;A6`I
M7[?5:PJC\/[XM6Y]`:*=QN@4/_`&]*D^)R[%KK]*=WN,@-UFHF]DF>HKPINU
M2S$QJBJ2;8^"9WA.&)_5YVH(37:-,ED`/^4NR$FWR"TU$S5K[6H9+W&:H$3/
MI'VP'49^T$>T*F!HD-_0X1OXS3;"2$&/_P!MO'2]P/1@PON,B^$6D;36N=7K
MR\5+"H'T-:W-](B']0\.Q&=P"R'>ZMLV2FQ6>7G\9GD*TE[5>J>.A[JXFS@O
M+K$L5;DJ0%"5EMLCYO'G/8+(;?-N3O?0N#]D69I-362.G+>)WW-+))"'G_@]
MO^0$8[[X3?/7GN1T@_$CK/AXSH78@^ZAMK.)I[)3NJ_'*^WK;L[5R61CCQF`
M2MQ__/@+YNY,GM7:_QG_ZGARE<U31@2=O%Z>C9=YAL6&<'I^<KB:_'1\=G;Y
M_O2/(&CR]=\O+]$WKZ]6DP4/UB_=3#=>K1#Q]3Y@)$D\/&5RN/#FKG5>]S0_
M#B&2M:R'XTW$$BYVCEO4YGU@='03-55NV%ZEVE>D+O73\]6_+K=\&OE_RYY5
M,#QR=YTZRO+C4L$6R?R`7I<YFAM%>EUF5$Q`>;7RI:^8R07J&>?X3[^XKS]<
M<N\=6LY_P.!;7>B/GU\\\W;^\K__ZF^_H)+JTJ,.GJ^00N,]>+AP^=R`IE)L
ML(\N05OJ49MJ&I)6`#&+5L</_3N`H&NR*\XZP+5FM%K%/X3<U0YCGC+4,/E%
M.LBF@K3C^-??CKKV)K^39LU^O_%/3]7;IWLPLHEO^+N1N9]%6=E*,MI]A]*;
MU1+<ZT8I7\<R'T&V\W&E3==[-D1L/K.E;\#BYWS`N32R<?;O6XI-U-JL)!L$
M9!<CLBYQ6T/SX,,=.C]_6MF>J;?QZ630$3+4&<]<\_+S/\N#F;,@/CVZ(!LU
MYQ3X`*E[U8]U_;L3G4U?I<WU<V;^AS-`,$(5GHE*YSZ<_?/'ZI<S![K:^>_3
M_\51"C:O5$M&6I*HFB+3BM%F%7'T/E;.5DSCB&"-1[%W8TSM6M'L&`,=<<6P
MG.G[RF!)]-[=G7S3J=#ZS<,,!4KT$&'E\F5UL1]?X$]34J/.^>41!24LJN!)
MZ6F3ARG?L^^KGZG_<":R?DH%PF0![I`/5`H@RM1PT`ESG-"Z3R<$IB0?E[GN
MB$)_+8]2^&6J2FLO#$#Q3I0FUXZ(+!QGOSC4-,85.:CC7%%?$EM12*7M90HI
M)_?K]EO:9/35%K)2F\`EOA[047:P%T[CU>=5_VVFQG4$,?!)N%RV^<L<2Z5^
MAS18<,B:'@%K6;C>>?`.L4(=A;E*%-97P`."O>>/(G]TJ5D\U`T>K1RS/LF,
M2<:U2/[\4#^J(XXIB[(5I==(^%TRY$&TDUV'.@:^`L$"A^@6//`3'80XH`N-
M5&$^&2^]8D@*[["?&KP1A0ES6RUT=_+GJ-^H45M"AU<SE/?E`(ZW'M[=+F$#
MTRU_:#$3G,$.EBTH4[)C\4GRT!\5X!@C?&?HDF9+'?02S>5F.D#$X4G<C./S
M_O)13:,'JP-K`)98JE%G:(0B;N$G<B\E5J;(?':B\1F%XCA/MR3G+K6CV<;5
M,A@U>!3U:*2:=-]?%[;<$'TK0H,CP>0$S=OWF%Q1PI\K79`3=_J""B*@0261
MJG)@FJ"O`D>*P>I:G%>D$5VIWM1>1.+>,E7\+<*J-5KF8*X6E!9].T"7\>;L
MP,*MSF"_`Z6YW>[<1*MNW?OB[KU"1EWNK7N*_;<C-BP%BI?1$$A,-G:Y(;CX
MY=<EN+B[N'RKT4%G:]VUI:!%"5HFB#9_2^US6U%J.NW.4LPN+HPE2N(&6A(!
M=3=ZR_0&RB)L?.HNK\:$=Q>_7;T#/1<1\1]'2Q4,%$^)^UL$7O3W5G^Z9.+[
M%<?):^_`%5.X*H_!\E!PQ1>J8.,V0NP%YE\Q)$:1"*8]Z=M!;1UB/L2[SB;#
M.5S&`'<0$]57%;JN%;M9H\?VC]4M,62>KL-!RH43J,Q(3!@7$$29--)-HW0?
M?,G-H5W\]EZ;_CN,D4Y$2'BT+D^KU8$]B`&>V]M:YE3'V.N:M9H6*$7&PDLA
M*[1*"UY;4.K7,_*7,U+&F?T4,O2$]&,S$"Z!`0VYT6C-"]'$)PS3Z/-V&^=E
M!)&ZG*`)[S(#X@-CD0LOWD1B[*E_%'!K:L=+9?W=NWDCR='%[$VOB,)&G$5"
M.Y.X_)!XN/]5B`?>0@R&L5;TAC,"D/);YQFPI5X3/<FNX`ZQ:F3R?:I''CO'
M23@4(6<X+Z\_B?HML'>QTB6KK.LD6"DCX-'>-&G8#Q"Y2&`$'+)Y,4XCL:76
M^,JH=<K'`"J8HI%8,V!$R2T3=WS\$]ON"I47'I(0%D?)3IB"D>NUOX@_:"I9
MS0/RF\Z.)*OI7&[S)&'MT2#Z8L72A!>?1_TNH'^4HP#&]E`^X?H*K@'7^`.+
ME>1':1PT-2C,]ZV4VQ5[2-#W-)UJGA5R1#:3SP,GJH=<?W,!S?*<.5=4A+.:
M<K.P*QF$VJ-&.RYI>`G\$.)6IQ[^QP+\4I=-C=*G=7^OB6;2MR$>,,RZE+TM
M:ZZ#D<&&!'=(W2B*[9)0]]`L96A):9?K:?,K+*1;RYUA-UT&P*,N@/H9WF5P
MPHH$<Q"B%A:6I`PMY)-TRMX,8@#@M4Q]]$JKK?9%$W]EW@&&"UVWI$0#&96D
M!%1-N#"**OR$('-XA0*&BZFCV&B'NA[R+7X%%DDUQX2=#G)FQSQ=+7I`ALCX
M;4,[:-0[1CF>'I%2W[4:FTF&"A1K^`_>R2WY\.H)G-[7U<1A9V[6L\F\UG*%
M'D./"RS82&(^E)2UBV;;BKX0>MTW4C6'A35A#Z,B123X3X-V?9:SUOX,5#N0
MLGC-5+]4S?4DKR\ZP]2'B[BX&NFCVH4T9]DQG&0N[O2P><NHLU#H/I;$UM7?
M5ROE`X!W6JQ8EZV%NHH+\#+=N,$<^[W`$8J!Q6A#,'9K^T$Q!8:T&KV3T42N
M7E3QX;E].V9_:LI#&/#@IYP+<-JKTM<4-%^M7[\)?H#,3C#6*EY5P94<K7\*
M[N)/U^M`56\Q;T2^4`8F5;.PH6W^!*,?DB"'$NB$%</(M3,U&LK7T\0+B&VN
M.*Z1*>\[P9_(*_8(^.WV;,C=N]=L<<O%6UP/\E6QSO]:7^U:]MMX!&B:P,9@
MJ$#(C_ES3.FP&G5)'E]V9Y0,QQJ+PNG%K:^ZGZ`D$#<6%MMI&:/NHNC!_F#)
MN4N5`VJL?M<1U%L`4AB$Q.I8I-O:_.<>F"2E6C9-HK-??^8/+J-,HW.[L_LX
M3-&@J=IJ/Q$N!TC;(XW._0==X#+2N_.1E2>^:\6`&CV_\VRUNOC'R\5S:Z[Q
MCT]7JZ/W&W_=LWIX-KWN:\\^[.>+%V+\\9K/&UPW_$0!P/B7VQSZ:GV9H<86
M0]R-Z3*CYQU/?1ZVC3@[5OOHJ/#7=Q\J[8K)A/C]?Y+TVI6,@>I_$[73[Q?/
MCQ=/KHXF)/'M<GEO#F2J0OQA?77*G843T-W^G@$]&A6]\8G)UVW@CK^SNSW^
MRP\8*Y<8%$RW\V30\>^[N_]Q_*?.M]-'<IK_^"GG]T:XOMK9W9)ZY"J//XXJ
M`_CI_L:?(OH<R8<4KV:\-(FM$-`TH7>4^N_".=TS\)3*RVPXAY\[0<ZS:+Q8
M'+@7X_WX4-(+$F^^7=`L.E,//-_>&'ZI]-5Y:>X(,XX0U\4JIFQ7&VXE!>8O
MN6*)ZDC4&>_)5X?$BO(:"LQ)#9+:C.O'HLUR\DS,\QZ?4]3T]OAH_&<6'/_I
M,>ADL_;T</%D@X[%^P/TL?-&ETL*?"A.,P(4UYL#7G&'TWCMT5V-GS!)'C:+
MI-\%A:>SV]BV\J6^BWNODBCDZ_-/1KZQ;6C#%8UAL7SRUGQ4EKM5#:90^O4_
M1Y$31IH[!@I9Y7P2-B""Z$Y.<\`Q\%)4\A6W!3!ZR6NJO]O6M887\4G(1_35
MK92N]ZW[!51WB.J4?\>^MNM_"B,%E9N`""ZC0D[66X&E0Y[`D#GV8_+8+T64
M2$/=I2$='IO_CJ'*=!D?343$_"N[?*^^<J,.F?Z#@[='>YS7PM^[9>9!WS+3
M+ZCCM^V,5HR+"MLY.BEIF)?R-',UH8MRF6"S+LGZ#(!%ED@5C9Y>`\:%)2E9
MF[.EQF]QFS]C".-ZQ`](G":>/_.7Y9;:Z-'^G<._>W!WT6>O'#C)2T;>,+]?
M@H=Q'&IVMHL"#VJZ5V?]%"_-TU84E82*.B<I-E4W&=N>XZYV^OQ>AM1N",=A
MD`L+3MX",2HZJ!5H!VJWOJP20_]I0?.^FZ6/^CX_7>/2VB/D^E]42N<$8AH+
M[L\NR(#&,.Q&$(O=O!X4@`'91!\0RY<>U^D8>PF_X0LW63B%_K`'+BQG)D6P
M)1VJ`;&1D+?44Q#3T"3YV%N/^>A`JHC2.=ZN\%U#%_5/9B+H=/DN6+E]*@IE
MF?Q/V?#K"GLHTD:P%29Q:N(I1$WT@4([R"R350DPNN#_I6KR`Y$!R78XZ6!K
M1MS@-M00_/#9</_DX&I_YRA-[0>MHV8/ABPC)T_1O`!`.^##$#<QPI!,!F&9
M(A!/^`K;B$(*39U/Q>NDNR7'J#SO6M3LX*87:UJZ`0DKR>/SI0\MV1[^<W2F
MH)WT=954"L^=MYNO$4/:A^#K;4^7JNMO$)M%5O*,5_9%?X2L9(1IDC'XJTPB
MAXE2>L$+0*F1XJ;'DOCH.=-WM!XIJD7'!`N>"7)-&EAV1;K=\3\=^?L_''SW
M^,`?+X/N"S&KAK_$[SCK+*GRYQ!GQ(E@Z"++@G&Z8),.5\,TG/QC3MC)\.Z&
M4C%8LL9@H\2LXL^90`;HT[SP]W_8?U+>=D1$9I.G/`LM)CHI3WVC@:_&@#O$
M5U8Q!+,U+8DS$U^E+EXT>$8*Y8@Q@4(<E%`[!K`]BL(F#.Q;(&B;U5Z$LS43
MY>@#\20/TFDI1W^LP6F=)E)PV)5Z*2\PA)WJI-FV?G[_:+@!NK/7+E@049S+
M;+.U<^_^EN\3SFM+?,JXQ%#/E44S*%A7+D?542!$/:KP+[I+FUMRN^*]+WZI
M?V_2$ICD;C!4AK`:Y-@W1/XZB#34=)0M2KO]TI^(;\2\&981TW?E$%+@,+'L
M,F-J?%0I_(]]1QK.Q]7)+Y&5=*]Y=BUGG?^\PY4%CDK$FSBN0\[5N]666LL+
M2AJRYH[!&-SUF6/O.LZ!+!W%7Z"=4&GZ:Y$!YZ)?26ZRE<<`6P0:9F2C5$6)
M0F8Z;\\,0@EIQ)FCQ5HMY"P70BIL'"%V`$PNALLS^&;2KT@&07,.AIV_Z$3N
MC)F;'4#72(UR&U?'77"T@%\/`6:Z^9$B?VTW3111HX)60%-.`.3"',?#GZZ5
MQ0B\0U<L7.$4$])6C(%/Z+L%<"(!E\\$B'3O9^<]SWS0E*^4@2;2E4T-65]^
M"L`D[FV5_QV\ZKJ`TBEE)F5O$C8U)\^^(J\(0)I,4;RW9(VFX$*X"T)G(C:H
MX:UU("I],"[E&IRL7LI,U,FK^K/OU=$<VP(>FMQJN<<$2:(P?.**MVS'R"NG
MS\^&,Q$(D"8*7FG<.\<_2O,#6T=)E.MM6MVR*&&460WG;P6CZ<&E'25_XX.;
M-C^FTWE79U?\)`.,TC29&=&F&2Q'=+6!!@(48-#"8'YY=LRE-,"FC0&2>:!B
M"Y-0^W.Y.S+NK2:T@)0[>+<\UPALH,*E\.37$DF'=TT;Q4,*G9'<+SL"\9H0
MDM3@!I[`_TH[QY)HVD0;;9^"LE"5^@Y\HX2;3OD0`<^4^&QD+9]T/%EC*6TJ
MRE!4[9*K_#A_W>;UB`0293U0%$-C.YI*VP9L8V*?7;UQZ(J]@&M<+9>665*6
M`I0@*)%3MXA46-BTKM80IUIN7NEL$+6O?H_:M<KK"G)<Z@HQ\Z5>0<.PA2)*
MZJ:KE)>R<KR&.[V*J`4.7+/\10T<Z'LL53O[S_G`&?VM%5ALQSN?OWH4!5<"
M_P&`(0F.IY$J8'P-(3>Y)%A!+P@]$G$N16'CY81WZK],<-?(B#`1(!G`GQQP
M2/100N-(GG;)&.HOB%?;D:^A>0*VF;6V!U&RL8'!_2=W__(O+W(`-`H'IL&F
MES#B0^^6R!C^,!9%?-UD$>NQP/[\;*A\W\R#+%V_+,1,G_)RQ.""]9)V/?A6
MM'!.7E)ILFI](UHPF:TX.ENV[J"9>%H:1N%XLLDMR"2Z6+XE^YLY-&>IRLXI
MP'1=D&Z^$CBAGLWX,;]2H>E9;/7];/'-`J_B9G8R@T9RI0A9>N;4BJ($-EUU
MD/@+S(:(1D;J=FIQ3]Q*X:#S\A(I)!V+E#IG\TVQ(EX]5$14,PCLB1R*TR;R
M*O4'^EAXWMX"&*2CTO*95!24]9JCZ0.(L(RX^!S9'Z]5.W1]B#2=3![I`&IQ
MHRY,:P5%3:2Q)H*#\26\SD[J,<!Y;$:G+92$4D@2L5E6!C8DQX](O<H.6,/T
MN"F$%L9(I5'B!U::GK1NPM,65&=R/>EA!*N,0!0AHIVG"KOU.)#@(C"1CFWX
MJSABQ<[YR[^$H?/%-]W%=8=+^^,%-AV;27:VJ$)/<>R#&.L],X$TV#(KF;OL
MV(G:&_\<K8U]WQ=8>WO\3[]PZ^'%8Y1,//(1+5\[1V@G1<]*FW#WU;_/%^>E
M>E=4.L.4\DX(`93Z`-!=]`7;;;V!\TOOSINGUU*?<OHS]+$9B>N!%]PJT.:#
M0FD5?\P7!FQIJ\!]%5D]//^9X#=XR]?*P"-R0S[,)T60INT%S[2+;4)/AHG2
MF(18T7?AMD?>8+,@MWGM+/5&6-J\9YT'YH@/+HAM&NYYD4Q+HEN%7F!$2;:T
M+2VE,!U*\;:V,$-M60D<XY--!WZP1D!2>A<2;+GOIB<C%'(-&*``WZW1A\VJ
M&1.6^MCWD)8M9B;__RJ'1>JONF"L!+E%MSHSNCY<:^+&Y"()?<0`7'YF)KSM
M=_+QOF4YG@6)+WAO:%VGWZ.@VB!$B4VJB*H2?>@S')2<=A%>M^,&YR4#&FZC
M^VQP^"6KY8#PJ6F<<W$[TUVM*E*9-*\J%:'_T,03%O$_(^*NX3U2I=6N4#X*
MI54Z)IA>?7?Q<<CI\1+!&EN_)='`^HZQ^*LS;F*8-`\C\B/J$?#9>SJ1>FTM
M?U:&8,*I_FHU6X[B<2>O7/`>7LK=Q?-R%Y1)4W`$C1-BD8AX*?O@<,5=[*IO
MJ_B+H%#]GD$'3)6+SKHX&F;.E9KB+=8.EQ%#I(N`ZK/5(4V#^;JHSLV<U&=E
MA-`!%]!F-.$+)R-)YYJ;9"+<9>OVU>W@-51T^I4=W>HKLF1S38&$1[:^T$TR
MMF#+<2@&E54DB$4R**6'&(?BEHNCH>WL&&X&+:L>YQ_WL;=>*I4O4K>SG->,
M=>?HZHDUZB4#*M97$\2+_54,9SJ<.0Q`Z2_O^;TK;:^10(<U9'2)H7/)/6W0
M$Y3Z@:6ASBL<;1RELET)@.EN>P;J`VPSR\.\/O($Z0]"(I4XDY3RX7*M'&5B
MAEH#RY^HJ&89^?$2@-5>]A7ESOB7R'J("M$O31JGR`D;Y$GX&K^'V.`2FXO+
MS\6L>.KX:(#^#:+2D3K<!IU!K65*:W0!0SW614KP\DZYB4F>0IGHA!A`&6=M
M>`X[+*TFVM&>,UXE1Y0%P^7XXFCW)D'GN)!%SF=+$;"Y!MFT%5()"H:GB!)9
MV<LY9=!3RE$<GG6:OT2E;/I.M=VND29%?9TI9<]MH*`4;2I,*Y2>9=43SE5<
MGQ[XI;VI-::\/#;B$9H24V8YF?)Z6Y&SFO3C,+K2S#%)G.!AA,<Z1\:"`F`0
MK:A]$(B7@&O](8`X)27/"COXNXA$)P]2LF\\%Z3R90A_Z;/A-E`&BD9I16(H
MK8!<;N;J3+>*#4*_%L]=(;%X`FV<)HYAT)A"3$E1N^*8;'\S05R/E32`BBYO
MAD/L^?+JNG#T]4NG6GJU]HBV6=SCIA6:KC-`.0TD`V'D7I2XPN20"$,2H4V]
MLX%-(NQ6@:!D+T\"DP&*0QBI20O"83U#;JRJN#4AKF6!#+I4H@(9FP$,'B`5
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MIXL([)07=NL+P^>O*3+[T*NC3\T''[YWA=G#7_U?]LYL-ZXKZ^^O4@B4M`R0
M;)&B)C<BH$11%CL4R8]%V3`^Y(*39+;(*H+%\G"7UPB0BWZ6?I0\27[_M=8>
MSCZG2,HVD"]`+MHMUCEG#VNO>=JC-%I9>;.09KC71Y4^D#)DX&@AP2_@*TKM
M,E7D@F9_"LU+4[`40>DG^E&@N@Z0):]P3OO*VD8>`SX8`7&+A&3UY1R/\>RW
M\W/#KTCGD.^/D<U'QGE[CD?]HT6T$Q?4^9A7.\_%TDS7S+=1R#P9H=#11(DD
MI=ET4701_,1ZO><&I-,R?+N4*(J$UZFDCW+6M0ST$_IHT4J""U21`R8Z^>H3
M_O=.!-O<`QN([9`6W/V+M"?.G2H<)=*[SRB1"BZ],GK9/E4@)%BX3GW]2>\%
M11F-Q[NBNQ7JG_?TE``(8*<SK*&7=.`25WEW?G*S4`\JX&`'6+GU-4N!A\*Q
MY/K!7]S(D]I4T,V.V15%H5F:W!#H09+)TT>-2&4(F8Y2,F7)3JU$D2#S*#/T
MAN7=11/F/ADF#+PC:ARB&!B(]]?-)^N/OWQCCFF'L^U$'IC1S[/+!5X,8)9!
M*T)R6E&$EES*&0EF/5(PC0%Z`T%Z2/\)_Q;INU(HQ.9OCW^5G>E7MKH"R_6%
MHLU__3.6QH$)_COJ=*((YZ&<-Q2Y;5%SJ--<?_7RN6,_NOB9*@FW@R2]46U>
M/`Z2=+\>BCO=5RYA"DKE=/IQ@ME03!042=9)O8$N(E*.0Z,,MA^S%2@9^?IP
M6OFGBQL(R\<-.J_9PQ&OQ%9M2+&#O&8;2@J=]>9%1;,!HQ>NNG(H7Q"G_8E:
M/*"\JZVJKB*2*AD5P_HB$8]-8'RAOMI3&^8M&6\_S="Q?)_!%^)A&L+PO[N\
M_[A\XSMO$:@.IJII#OB8PI5/#53'#W%QJVP\2#VG>QGD<U!&2)_:8)CJZO$/
M88H=O\Q`T:>NB/5_GV$/_82MK1&/:8-*W2\\)JU!9_3+3[-D<KH\0!?,DDD'
M&(GYK#T<L9>+JVM$Q16(+,>U"$RG&YJ\V/W4(V85@V+A6D65IEE6F=+]+-Y>
MS4;V!HC-YDK!*S;&+?2NO65G`?L99"9?QT&UP-_/.;-:#.?,B?SN8:S_[BB+
M+>?<D3'<S?VP^AP3;W;R'F`H5.0YN6*2TC,*M(WIR>RJV48PUZU*\3`.:4>G
M.J!*;7$\L_P7CR94T380E3.P6#XS0/&)ET:<,_,*!K:PN&.3X[4F>_A:CWIO
M)T&7SO9/.#$[]6%9/##_G9BFU:0$%>WT3MMP4`*O)\5H^:I:M-E5WQ89LL@F
M^?NEL!P,Z=GVXM'`BW<HV$N_:59QEV;]_-O1TC7V.D)IY<1OE2I^+8G8S+-$
MY1:PP]`_72-4^^39:/]JBGH];X!BM1FC__T__E=ZK/F4_U0''^IGT%9J^`$C
M6G^RPE6@^E^5O:/)@R9#+)5,GE3Z;!Y1H8?">RFF<OR+"E)10:)/MZ41XK\(
M30"7&5_X91N>*X3CJ?IM06H1"C<\!0JCB5;D(?9_P25GGA;4N)PZ5'JGS==&
M^_BA8/3>/ATW?KLCFSUE/[H/GMDXJ.2/X1_VD9>7E>9#OFRQ<#A13F_2DI6I
MYVZA4A0O^.1+"5P+TTHZQV&BL'\,"!U\G'$VLG5(M_'TJFALLV0XUHT6T<E2
M[)R"1D%!.U$`9V$!!W/LHDA1XJ`D=G(0S#5.6PN;D/<(W+$U&*-I67Z<W'B@
MPV<H.W2D&CN3V`2(G0DE,]JU/W`--`5ZF78M4"H#,(8RL`K>;BZ)6LIY$TY$
M8S61*DU?QE3`;LDHGNL8!LG@0#VGP!%3UOL4/GCQ9E+L.J><>I]\(8<IJ4BF
M"528":`@'A28CKM0VL>I!5G2)EKDX^]Z%`#%-TG+-/02AI]SA:[H,&$V>SXU
M/5_?=I"Y.YXKK9VM6J@*0G6K7AH5Z&1HP(GX(4E0R*M<$A1SDY&<OAEGTFX'
M`TA+*MVL$D!C#4Z89\J!BY7:>B!ZYS,YDF9)V'&#!`LLPF2B[.;\^F.8Y\YD
M?VY)HZ8A1+PB'/_%;MK8('\_33IH-YG"MX?J\F^$:>QZ,*KIVLGV_BUF(^F`
M?]FQVV\C&20I#B@[$`#JD*:$&\)]#W6921\[+T!2I-L=,;A#[4CQR\KDB7-V
MJ-G@EES(2CMHTV/T!9Y:U?FO2D9#X58>(AA*-H-O+TY+[?`T8DQPCEJC>'D*
MNE^"%82M?$:AXK7EPS\FSUE6*U$8\UN`NG*0N)KQC0$&O0C5/UT$,I>-*K6;
M+/Y01K(ID3#"E_"8EU*2*\[]LF#-D;-"I640SC>Z8'7%YOBF1_`?<[)-*Y_N
M)GT<GQ'G*W1?GW,]6LZ?K>AYX&".++8;?#<Z9J5A1.'(5++$1]2BF4FFGCJ6
MG%]@"[(T)]01X?!LXZOAMM/9:D4QXZ>%#DS6:<[`T5/]8`AGLYO,E7/-]R0F
M(32&#BG3PY=PV`AYLZQYFM!?;`_ADF%&3FJK.;TKQ\CTYY\^R<$!]B1$T*)J
M)LQ%P#3U)&,O%!+A46S)\O/2U"Y9);4"85T\7$L%'2C;M!UF70(6KG7'MNLB
MS\6MU!;*WV&2-A]-9$[)*0`88WUA?"+6TUV*-M)9`Y-(1BAK?:KZBS22=N0$
M4TO&AT#FA)0-3KFKNC@E.3A:8/;HXTCN$M_8\Y4GSYZOK-/$,8'A9Z+>QCLD
M@"/09J/7N<OU69D*TN_GLMF;5C9FDR!11;?4RLLR)S2O+88>_8KEIPAS1S44
M[.2B=`9:>*OP("%B1^@[[W;-AQF(9/.F'61,(Z6@.*PK>]CGS<NSNE$Q5%BK
M"*:[RH2E,-X09RDT2T*T5.XLB\58Y"@Y]L`ES+G:!7^9+7>"OUN9V-;%,0D#
M$`<E@QYJ_0'S<+`6H8&CA5&9-!:1=0<;RP+61K6GR%;J6;ORL,4>R9[`1V3*
M6I7'\`DO#[%7`&HZ);*0G?FKH#9_(BA^Y1S/X`'$LR-_3"]E4/*>]-GP$>5]
M:<FG:*G*[$19KN!C^L*)`'B=:^^4+@53PZ085\LGGL8%]7G=O<5Z;@"+U#Y-
M<H?\S.GO%_D6<]H+?E&Z1W_MG0,Q83B\;GVI0QA>-W39,>8NLW6-K1/6M;,V
MM]O0O!+LG?US"BK'`E:=!5G&9'+O-.@<>3A.1UB*(@M.;';S"?SE6.5PL:L:
MNYY?WJ0`'&\=[:/5.3K37"VFZY9-"(DTDNN,909ELBM9C+Y?YG^TL#T^MIHZ
M'=5[+*6"&%(IN:2*U[[R\Z483]*%D\*;1'YZ+HT\N[[3MGKZOZ6OE]'!.>1T
M=AR$-`*:>50,MC@T2S,0<6YY.,>T!E;S*_;2+:`0?<DLSCJS.%/I-:,OR\32
MVR'R*W/9^)UH9<VF(0OEJO?SUE@0.Y4;._7+,R>V)&)EZ"?*-XF7A+'H,BDQ
M')FQP<3X3LY_(R/0CKB:U3@0:-GR?VT&#/J,8D>KQ-!*A$+.KED@'?PH\04L
MH<>8R*;H#5"YVBIU]N&K=$GFN/P5PH?MFEUGI5)93``]NGD/@][:#Z(^I^S*
M);IOBL8TIYI/28"K2V,Y3`Z.PDOUUX14"Z%:6JBS`17"V`G4,LT6JX^K13WT
M1'1UTMGBDJC(^%1ZD"@6\]%%,!-'];"%"Z57<F[FHJ@P(!NY2`EKYNI*E*-4
M0IX6L6H]*Q?OM634V62L*:1,OZ*^TF4G&KU55(]`R$K.`&$_F>+F<B79^-'Y
MF4PYYWC`HR=S837(M4=/<[Z+289'50*'-JP)'C)EUAQ-(WU4O+6F*4AK4JZ=
M3:&LGZ[>[JLV`^3$*R"5J<JB66#.-*XAF=BD85OF0$(Y%0*N@CDY?80J5/XT
M+E`U4@D)%$#9JG@=/`?#`FU/2-31<)SJRRKKH\;TGU3Z5KU6W`$)^$OGR:S5
M6'DEG8?7'1PB]R58`J/(1D^2S1K5A^"4HF>GG_,-EBG*%:B%ON9-A8).Q+<S
M_V"HA-MR\L$"?CGG.BJ!\)B_E6@?MB1'M+[V,E_Y^#'ED=<0,R;BG<P9@,DZ
M8PLCS=.*)<,A@:&55>HI$8E7QYRZGIV4;&.%.*UUNQI5!YY):2S79[FRG.TL
M3(O7_,U,WFA6[IW(9BA9SLJ$?GF=L7$<"G5>1L_^'XX'"#.2?I^WVR0XM$*-
M,WS`":_G%"T"<!1J=;NEE[]%H@+MUT1FFH0'J\!0PD!BI_=L(#'6DG].,J[E
M!(KSE.2+.H18%JQW"I]IE]*R3MK_>[^\T'XZ^DT/LIVVHR"WSK[M$-`LU4.:
MB71C2RU`C=^H?X'8"^<'`ETS.3H5*`B;,FY;O!&R='OM\&HA(9:#U,-;@<75
M;GDOWW1@K*F77?9#(M%QD.B!.0D/H%_[H!V/SH]9K\%R.J'`<VJ-"8".L*9]
M_SLO1&A__AY^U._;]\XU[OZ#9E;<@3J-H?E,9"9O;#OK$:@=[+=(Q9Y]+B(8
M%/VW=C2F*#*[,0V391Q@8:\+\Y/J#-]<'I]^69V0K8'1%FXB<Z!*_[!>W&+A
M?&S_-E8<5Q&!!UJ$;!WP(<8VK85A&T&LV[Z!1GBK39\VZ81W*G'`A-EX\T`W
M88L[W5)Z@C`L,!==&QLEU!\O'K`MSN7/J91N:>515-.8;J$NJ:FX>T*CZWBH
MIP;"B^DU_BM@R/6K/Z$U8_"KMYS<;61)+*YB,RY;T[ZSX/&S@?&?XB:<73*+
MI6VTA[V=,GXZ9]D1,2%2[F.A-5<<@7O`N\<([/A*+^^2WM1%I3\Z/9@V./]3
M/S]CE[FS8V:9KM15B1=@A*0X`*<78E7X&*RW#&:F.`@3)<?=S;C%FYRL]X^3
M:2_@;N5"WB)&`B,29$"+.KON4:6<B-E7JFF]"[%^4(&C,<T>]TYE#R89`Q/'
MBP*_1!7AM49-Q'18QN0A9P%!WQ/RNB)!"[?T\67R%+%D#^TNII4^U#EKV6'U
M$I7E(?IDP?5*^^;`G3*K\^E_('DU[PFL)&=:*@VQT_YL4JC]<=_Y0OOSL&!;
M*L&V/?C4%S+;%AR"ERJF8\ZEH7>JR!4>T.6"2+*F"@V9O]JU#TH9Y6EA#O!(
M$1;2F,0.*\G:/=<END</QA-#^8"2.C`G2=V#6.?%`(A6V+XX3@U"V@>'UN4>
MUMP^()!)QNK\XK1]<)CN>U]RXNE8VN_2[VK\?-I;X.[%)Y.1/Z)Z]'2;1YMK
M3S:X_>W1LQ=K+WJ]K!\]>[GV<E./7SQ9>_F\G1?\L1.2;_N->?G=9]N^]W9A
MJ?MPWFS8=E-$$G]$\LE&J55OY1*DOY.0%D,P4[BKS,*(=;G)C8GG;MS?S9"(
MW"69G_PA$9M#N4SV9W11,1\YC"N-Z2CG4I5TXL_GN(W$UXK*Y`:GNZ=,HF"?
MBP5+$T"CZ;"[X/#42"#3S9RO#64-ZKE[]:X-*<G#5-<:>>N-'Z-S1%<8,D;L
M.^_.KAESP$,"VH#6C72@[%3+3WH4Q*=?NVI4B#)3G^1PE!+$O7]?J$@:UGH4
M-M`P76W0E;]C+DU053H"`I&D>JBDXN&'0`)]8`(4T>.;2U))U*3*V("#=\F7
M?D4$K9Z4(PK<L5QE]M;:DG,1LE`-CGZ0U\IN/8G*0RW754V-)M<B.4>V?NY1
M,YE8,I.N*?K`[<H.JN%`"-GU&L?@96YA^9:DI>KX25:?R[KQ7/RN_FLS][SC
MA7HHDM;`V<S^<#S%8X"5#1)N+6Y_D<C5$<*F:),D.<_;^<'8NG7Y-X;9VQY_
M.DBIO,9H#Y0]IPP-?:L_/+7MB+\BO3VAO+V):BXM@2;7*H'1-[CO403D4:U7
M)2-4F3;A3XJ:?5VD?7EFP1@]MQ9K%Y]5W.*#JA]@EVAN([J@F?*E/'F+@?]N
M=C!]S`;0/:'<=FBI;"B?$+FEM:%RA&WI6"_<3G6_.8<&G46MQ2V^E&.9I=A^
M<#F&K=@GP0Z"^R1R'L@;*.D":)</R@<0Y`%2TO_S1F%E0%,[(2Q`;S<,B`@H
M6%I9!AA,P:Y3\C+9?",6!^$LVX@=ZB:[P6DO93(6,HC,P)_K@+,?P"(G<"14
M>?K,,A\;-3B2!'P@TZ+M>[!`6//TI25+5D^3"_4.973]Y;.5I]2D^%>A1%KE
MCVP^W=CG)ED3R-8Q+HLGU.PO&+4TY<&X:@3TG%S3YKMQ4OA)-U+J\"UA%"TR
MD9K-'=:OF(G5?X5/MLM=!;$2#A8'7A*!!GC5"D`6]GVC3(G,OY*8].-/2['=
M^"R?+K&/G&:"@`I)&B0M.=4UL^6K(.L#<X/HL#"6HF@-RC)DU.=0\#OP5"-^
MG<^-H^X(W-:^T(BV'1DM,DJ2*[WNB*F7J+:FB;(I4?HS\QW]X6C18]K;L7:*
MTY9XB?:L9O#%MS`BCW@O?778$YH_XWPB>">2/[X\C9X>Q<NB)JZ&?;26(+IH
MP'6-*(%X)(\'04/N#P[[T"1?RBS5>6?>`DNAS"_Z&J`IY(XC@(/*&V.9)A42
MS\2.0_N00]TT_+/<?)A337\8JP:P2%24FB,`N^6QAL0]$]L$-5S<.@Z6B(Z)
M=*?W2@TL852]+XLR_<+4+)#(MV4EB.K;GA^Q`A/A@T%\#]JB0@4PX;9D5ABF
M9FBI/H;U_%Y8%$;<YGLE776N9F2<@4A8Q&A>TPQBG:OU?!1,(H%:JG/(W22B
M%G8)>(&MIUYDP;CT\#,G=R9A,K_4/CO_2R@I@2>9G-"]X"UA!]U%'NH#RP07
M;[WFPS!&RD`1X5WL@T^(#)%'BF>"43IG_7)&VP]SEWF[B>!?B.,*=4LX]US*
M*'F),^HG0^%JMJ2J>TMH\^PN<:M\G>#O6%V9D#!&7,7^T&7C/D5?YFU*X_S6
M;-/LQ3,U1.D/H+\"B_N=/;#8+D[O.`Z4``.AK&]@*N8"22[$']"SC'#%"<IQ
M5\ELP]B6BEE[,:^B3=0X"C85^[PF!#\9#DKK8SD#*!6"Q*531H4X.K#04@:-
M981;6'$^W90'N6JWF2!Z?.?.-0%_1*[?UIKM`Y0O1HF4'AU)KE!@(6G#6HLS
MO@QUPTYG=E^[2)%]HCL_+V7F6(,I+:`G$&S+V2NOYBJ8E\ID42JU"PU?W.`C
MM['":$0C51_VJN7I>7B31(*=[1BD,]A#QB_W#R:#V>"R_(!25AFA`;<C%C<H
M&")\\QDD12;HHI?MFZQ6K'*+QR83UWSI62U.<5JORA!,OTXWX0MY2_4?.G&\
M>O)BY>4S?"*;3U<V*$UY1?,+'<G3IRLO^.GE2YS.H%#V1ULN>0>4OPM]#5EM
M#>`]5H0SS)XN<\3N6C?=-<N1K#:&XWS!'76<L831J:W?AAPF4/DCOA9L/6_>
M([&\\`YA6WKTVGFAP%<DC*<K]KQ?RUA@;Z)=>OE\"U/(1;7UICIZTS)1T/K$
M]G";R$V!K'LLADWR?3:AAKEG=P2U3G[MZ^^Q4T=T?[_J]`E"WXXI!Y]*@_VO
M_XE^75C>5B6GZ_:&^H#^7[E\[^U2KK[D6$2AJ[>SU:!4:YL5,$5V)?[2!=_M
MZVU+7Q<WJ%EPK8?VIIO4`J,=+RW[SM/(722'=7I=CK=CQ7PPTTUN-WOQ_-7*
MZ/G&JY67KYX;13U[\GSE!6Y4EKT,TUP&P;2-ON81H<07$(7!H@PC^IR>!KY]
ME7[:;EUNEM#=+2C[M73=96X]_@.G5N&?UGV0NV;96;0+B3?'_3?O*%!=_E$S
M_/"9[9D=]_);*5I+EMDK48U7!_?@2/9#*",/6D+V$#YYV77G)C\*HYTL;FB>
M`\=9Z)K7T'0X^%P<QMVVS_[US^1J+[+2TGM.PW0P`D##P4>8I;J[44'(1T^?
MK-%:*7/=%57)OE%:5TP8AA*9D#C$HT>Z5,CD7[=L)1!)%I7N\SCQ&HF8*9L"
M29Z_6GO96[#69@D$YCOIKTA(I%5M5,LR9V,:=/.^(=>?K]$O/V^RKU?O3+E"
M[/."6"8P498.97F+TH!2Q"%QN^KR%D"8#\]ZW^B+?#A1N8*N;4?`676/T8]:
M[B`SNS1N^VWO&\E+:IM?.@.PJDVE/[K]ZDHJDHV75'?7G0Y%*8W?`9CP)LG@
MI&+5)\:)M,?`.'*X<`F>:V@,D9.OTA#Z;./5VN9F`?7?=-7.P*K>#*X+[/BC
MRWK"=<<-00PN2TCU^'1P:6J+8\36@5GNC)-VVP*L0;(68*I3WEQYM?DL?:]E
M\0TY;`4Q[4Z!4B]0O+'Y5N65!IB$HC#R(H#V^4;-;&G^DAPZUB@'?17#_/-G
M%%?#$\1*I_196#A#LEK`+]SQ<+OK*.[2_W5#`%3@F!]7E<[1SRT0OXM^D'5I
MY30$T_6U5[W3@IR^@GV]6J.G78%?PWI?0]=U[R4H^UF7V^9R$`$!8^4"AT0X
M/?1+=S]WD%,/;P>0SF?N#SE,"^L/PV03L<-+?;,$D1^"B`.`5,EWYHXE@31.
M_HU<WX<79_B$RP7%"(7=M=VUK35EWA`>T<5VBN\QS)OCJ:71C_$!4<?""_?@
MRJNUTB<QD5#"%?2OM:Y*"/B'Y=T]"..2/'`5MP*T@YJ5O<S)_Z\:-'&0C#Z*
M4\""$5/['`;7VD2@@!>K'&DH;VG^=;3V=-F@L;/V9\Y.'7%F`C+AV*'[+%(&
MFIPZ"FU$!9@7LXQ-SO33NC2!RSD-W`T:ZY<,`<NDIL-`XJGZ\%'=1[*V<7MJ
MX&&YGNC`/:\M8I4W;*4=I26*YJW[E+O]K,B6,*S^'W!KI33^S#%M[%-^1;GY
M65AF>8!JW`G4Y6>%3928>^51S'<S>HWB)5UO+SE9*SL1%&%V1TR46.().C@5
MUG$&;KF"!Z&,R)U/HJ'TA4XFM_K\SG[+V0G'UWC6U8C,+&"8-J@<!B_>.6O#
MCR*0VC-KGS&]>[8O6!RF`=>-6#/I5("58HH$#N@8O$K]IG[AA.AWQW5SFL0(
M=\MZ=>LH4]='Z`\=D_;*^G^'0[YL0.OI)7`-*];[A=]RA9^RB/&2V#'5R\_!
M\))S7M4`:[,%GEIS!RF\M1G)T;2UNA2K=B%)@H!<1?67Z&@HTU?9.:R!Y?%9
MDFN(OZ:"<S40E%(I%6DQV3&562'75/WZ$UVP+=@BJ4E0CX0+TY;3-6I)HN.9
M7;[>)43;79^:EQ8PG8V4]E/TX.6KE*],N!FNLF()K+]06E&6I0%7JR9:OM2&
MG(>Q8L<I=?CZJ<ZN#+O_#/0`\3++2@BBJO;E.PF#[/<C"8U8\I2_`_Q=O;F&
MOM9=3EJFAZ-U`_O7V:0L*5O8,<_P1&QLNB?BZ:L-59V'^.R:\%@4\FPF/F8!
M@YH>+!E)Y;S"YV/D`^[BA,T-=UI6/-L3#P=WN0;,6[:4%(+J<'E;F;8XFG*'
MQ!!$&;AA$%)VVL;VKO-,<[.'0VL1"ZR#`Y9NH`R!FQMCG1BV'M%_5$2@@[WR
MT=WAA5M_M_GJQ5NYZG[?)4##]+32OX=H:`V<WA^\@VAX>AP2T;IJ?6438R^@
M_-/YI2%-YH>NI#18)>X#IK4%5.:IA]736Q[/>F6K*VT55?C5?Y8@^'1,#,W/
M1">W3KY(-J?2]%RSF?1,63O*B"!>G(6`$AIS#^K3-6)B7IQ?$9A8=[+!D-&^
MO>0SX-S+M4:R+]HHM+9O;,QJ[U<MGXW"35-#G-?E^+D]`V%%9BV"2N^J*AQ3
M!EX]:/;@"32[.V_V#VGVAZM(O$_^?#2>&9E=[-WRIFP?>K6=RJ^VPC59LB0>
MK5L"3Y"#7^+@Q.4?<_.F:?$<5V0'';&'E!C&'$-;DG@NO6RF%.,K%R_UOA34
M?^8"1BDLP@Z6/?'Z"9GAR<*MU3*'9KN;4!JQ=<]!?QPEZ%@TN]1U%*X=$I5&
MVW%/J\?H!!3#VM"+)"#)RI22R3=]S5.LT#1M0V;-Y*4=TCR!"YHC:,.B!80E
ML"MB-FZK`>4BF4>8O9A:`D#"%`O9W)R#*K'NE$!4S9V",TQ*UJ)?(>(1WW,&
M9#YUN]'8VAM`^_G"<\R8=F&YFC@'RGRHCN:[$P;`(`$BA@FDI`P&:W#6KG!I
M8I?-F4T-4,`8`GD^93+EZH`<L.)!6E#GTJPYEZ]XN1R:45R+"E*R"@KI-"SQ
M0OO@H-PN,$/*`JTZL<[H28B;P'!1I_LM>E)L7$'0K;\MO"?D:U#TJ/Q#K%-"
M1JVT?MA7HW\_XI:HT1NR?+[\]V:(8>Z\9[[M5]^J8#P?[/)E]?S<1X#I[LAA
MZ0LBD+(W/,,65X2,QOM;.U\33X`204G08Z,7N?D.W9D[:W=Q:7%-5+/WUYS^
M^-VD_?7=C"NI")9M&?Z?]LH&)SD%BFL`SF_;SX]0)N:7QN@&G[_QIC`KH[\?
M3Q?J31V]$]MQ'-R"3,$"I&85.#PYAU[-MT`#JCE-;4CBDIW:CC2V.FA+=8L7
M(1/C2()T^[8"E$'I;L/=L83VV[RWUEFP\>`WGS[XS<WVS7NQ#EE(MJKI<L(Z
MG#)=P!6@_$GHER!_F&>Z"_)O8WF>K6Y4L)4)H]WLV,*8#+>K#,4=&H\DSK=5
M.X@FMW@QS`$A`;7/P0[CR$>JLVBDIYO$/CO->#817?B,2*KLJ1Z1'=9?IJ@V
MG\WC_J;B)FDVL83Y@(#]-93+/]7(^8:T+TO9H6C]F.3#HL^))$2])`5X=FDS
MYVO.A*QPOY=)F_L=J^M<*V04V4Z2>(C+T%,4@<(5'@R_6NQS>'EG4GAZ7.EH
M)E_0`$JC9PC9G:3;=1Y&8>`!"LUO(V-=X>QZ^)O+0ZQ+SE?"9>/)MZ/ED_<$
M2GK58M_RF\+WFC:,6=[TX`NIN,\X4[[("A4&^88VE)XJT\V;K*N:!B7)$T7)
MXC*E+_^%3_66WOMSJTZ//]1[G:B'7DP6+7BAL'"\D._033ZX-?YAX^B+:BM4
M"Z"^X@9":<('G&?MK"&TUAEJD&L<G+LKH_3\I33$7(02BG&C$?JP768EES.8
MA''J`&"?-[/%9[J\_T)[R/E/%]=<SA&W)8`'VH_)@%^(V/54EFWAH48$,2.2
M6`C#CPB],'K?ZIV2F!RAH,A*[H:+>O,<W>`.2WUZ<D\F[2.E]'(4ID]B[N#(
MS5?(X.2H+HJ`!&T<5];`'P=5.K?BAK#WSL\%#4U2(-I;V0'1+MU70,--@Y]>
M%ZT%>M7'6E[@J`@%"+1?IOR*FU>WE]`SMAX%'J5$SV,U(36K5<.&99/4Z!:;
M>\NK2GZ:A7G<UVUP#A#>,)=_6_W\15ERQ_.W76ZG@_.R.%E56L8L%:2W"S`U
M3&-8Q8M>#8\LK`6]&(T9<X`"I8*+0E&[G@[M_<(CX2"#K\XSFJO)M#*&.3'_
MDIH[<D]9P79ZEER1D*7;]2*KMFE7TO<(.A5M<7'ZI]'VKVAUM]*T]^$'6(HK
M(W\0(I.]YP??RT`[`$A4*:G@!B+'D4O0"BACO05*9-<W][VD^($H$KC07:6"
M./\&R%<J=Z-WHSJOZ+Y7P"*`YX_[I]OMQI([;2$0&2<HO2RG(*`.)F&H#D#E
M6162>]^%#$4;[3=R0:].6+-0Y$I<,F_3QA4V'\<[79K!FXD=GKD@[U'=BS_,
M;']Z2>FT&9$U,8?W-ZY8:OTZA!K%>H',L;(;B3"IO=!K#TBN1">I8:Z(A%T%
M")J7RRZ(I'`%',J47@\F")O7WA2.F:-5F(YMC4#++@3.`CZ]7;-:/?4C!W49
M!4-,.&-,*"JP]$H.,XE3*^4=JG3("=W]+NBD.GJ#"DLM$8;H^,1'YN=\J)!5
MY@_W0,/6\,=V-K1L`&`C>]D;Z3Y)M.2%B6+NV;OP\KZE9;`*@#VXWE#/"<,(
M7!E:Z)\/WPE4<Z[K?$C>*VX%RZX@T0/^HB,4C\'C?`Z*<0\6#G`0XS.&(+E!
ME$!K+]$RM7/Y:.PCD6'\^8&Z%Q=`;Q@*)P$#FRN;FL]9:D/^6&,25*Y^4VTG
M5G-U01(#E=I9_#O5]\R%RLV*1?XWB'R0[BI/K#T8XY]*K;,7;07(8A01Z>B2
M(%J"K[UZQ940H7H@S)G>0YN?_)?CJ^N_':C#:!V"A,R9^@R$(G9QELAA/!Y+
MC?<O12KADPKO?+7K3)A6`Z@EJ<EU$*/^K-\]F[$N]L2RL4=B=./,0^?3.6_+
M8>,0]16RU&+`P"BL\*S1<>YZ@1>U+0.6!XF/4V>!3EB!Q!*K_8[-SALL`MX<
M5&MW;UH&T:.GFSF2U6,*0E1)0E<$VZ[XIN2V^@"*512?%H4/;S=Y7;I>RV@W
MDHF,.7-2NB.5ELR0H<G8N2>G&NX+!B[':1T#^EKX9<=\[J;&?J>S'A5,?X>F
ME@N5]8>0.:XL54$(LU6K*IP9?'=M%&CS[VI!8(_6'(NB*RLGGQ8>AZ1Y<BL<
M4Q43)=C;J=+J&#C2<-98N*YL$FG`A$*8:F$BQ'>:0,^P5*_(SYR[@:X<#UX0
M/$(\FT,2<5CR/5"A*G,^M'M>,,0!)1*2A7_TMI9:F1"_IF*A19=ADVX''\'_
M\ZF/W=MU=0R1G2<)+)7/CK-_<TDAUU+.9'$2HTB3`W`ZV8(>-@2E$.K!GBPC
M-LWCM<EQD9/ZAI[)OF,A.6GG_V?N@>1^&G"[1TTBUNC0KNP#P%#9WOWYV:(X
M2:=^PYD?.HG3T&%.9DHQO)S1_WJ\A/,*77+,(I&T!98)7/A5X778F%4KJN**
M@I0$TBEEB#!Z<@,H!MGZ96`5)"2%-XP9Y56`PZ%@(UC;EPTF&^N>L_[@KPR%
M%>##=%4S!%CEXN1ZQDTKMK:`'NKS5*).\MR<RZ@7-+V0GL-1Q0U?[$`9`Y^)
M_)O0JU^),`N\+$]X.G,6)UEO=R&8!F\UY8P)98`-960C4*U31YH3WA!6I"W9
M&>D^T_DG%[=D*9G/0/(9RS3-*EL@MEG';YNM^<Q,XSIHLP35JUF!O#7(L%X6
M52BX1C;./!;Q6<7;JDDNP&$2=*$R<\@&;^K?XL$P7]Z?9HV`5"IBUH1UN[JI
M.).,,>EP"$@3ODRT1[K(C[.;+URJ(I-BLKA6<P&0:Z'`9W[*W]-;"3KSU]Z.
MM@C`<:O19`%W.W=EA@FN4>-0L^;GYU]P=1U?H>JX5OCIYGBAB3'M\#[3EH-#
M->N/A2C\.<-=\-D4`CM-'O5RCG6ZJ*:F*?!U\1(7E;KHI*XFCMYO?S@:30AF
ML@PEEZUN9">PNX7M6JL4GGE*]Q4G8T-+#^_B4`R0,;-4T;S-4.':GU5X>LZ^
M@162@.M:.%WL2E-PI7WA;NP`#RO^<JZNV>04H'ZAIIZ??3MZ?/'-O_[)EX1P
MO4R:'3@AE!VP&&,N9,U?^.L1[W668PM5,Q4C)8WU69T?+,.LH]BH@Q!9BM/S
M^=_LB!@M#]==JG)E.!M=1,JX9HE9S%+9J!0[7(@9P<Y<R[(K?XIYS?Y^OCCG
M#M9EVS#/D9D?#N,+LR[RXI<LN<6]="-]G((#7)O7?8=3;J[`3G$<9`?\#N$M
M0T1H5A@G)E/E>SAPR4X#F7E#`A[77L9J395/,C!:>!\ILL)$Q8^)X.G>'][&
M/I0\4!O`J4[+<,]'@<G.+R!*U%GQ-;T',W.WHNN59]"$**+A)GT<,40/S4WU
M*N`Y3$+3X+>]P;7EEZC`&I2]3+L)[R0NUBTFQQOJ227\,0_?S4+JJQL2&N3J
MXNQ,.1-6#O.L+SEA3Q/Z#IMK:>3LB=HWWVNQ945Q*2TKZ,Y1P;B*G:@6%,PD
M.-'?UPZ0([.;SZR]!&Q'N[M;H\>?_OKEK\>C-Q@+*_`WV0SSD5F<\#>I8*=K
MWP!.^+&&!;QWO6DJ.M$`CH,[,,YU&7P.#[L")T,!T`7O^>[#>$OKNOT,%V2^
MLK7WBNQN<[@0Q^Z,99O?6PSJ^>K[[<V0B@X`66E1Q%.!@BD*.,G8L^-<&]6@
MJ#Z?SB-ZH),:'&S_]':&TT]7%_I0C3JQ5.;\?7'YV[_^N6$(E4O3M"\P@5`\
M49?/9#,A`YR+5EL(&8>\4:[)C0N<Q!M<%C'&%I%*]+;I!2G_+H*:D8M$XG[3
MW.5WJ7!`R<+.S1EIHC524<SJ]VP/2^,1-:*CY,N`F"14]>/+L@4.)E#02%8?
MJ84WG%Q4FK@<\.:3U8K[F,7F`,$I*LV)U)K*SP(Y>[1%(\)$YQ>KQ0F3'J[@
M])KKGB+@6(!DS!!-21<+L#QXEUR,6HL"05!VNIC+5"4D.&C/`-U#@%3`R7=R
M+XGD`^Z$BSP)X>\+56T<7L@3?C8"?/^-K&EYT7/.I/B4/#VX6:Y.CD_I9L9&
M*BK7XLP`ZEB2)$?H$U<A+CY]RD@3`A;6DROH>!&^+6>%,N70H+-09N`C1G%Q
M&Z)XA*-(-`[5=%#**%J%>A8'&EEB?V)J=8X\YJ)TE%-7>>2W`&QSFB^(?R-R
MKV">4IY,GJ37./!C-81(%T"@WUL_/6.TPD+V8'=A,ZR/&,7-9Z2!`R]9*^9Q
MRTJ-[ZR"C]V<[G+.%R+X59<GE\]E6P@3S(6HA7+H6AAWQ($1G#/;RXY3G`QZ
M[GJ+J04"6PYRV)9=MU-?#G2Y>AZ#:1E4R@+(/)M"0MH421F2J,*0,]1Q@`8*
M1[=#=XG6O5S4Z*:S+&>M'/W`#$O`@WH*!8`?,LLYXH0:VE(6VDD#\$5*5_71
MU$VHT-X2T!]7!(@@L"P%X2,7;!O.G9+D;Z+1E6[X#?K1];7"$"Q"9P8`A$/E
MASQ3@Z*&UN$M*%1O+]%(\18!I!#,F'@N5A$!4A%X/1^_&M+$HS3_AV/Z9XPV
MN)I>:@&*B(?HO#%3\`AC)%ILH68$1F%K+`*6I`V[QM_Q>&DB+Y0Q)QH,6!E7
MAH:`OJ?J^SC"$J7>?8$I+$IU;;/O,?2[.MD='QSP,A=<W6*---+K]?YT]"<+
MJJ72:$I(#NX`_RN@<35'^.\T59`7V@9)B$8"-:>05LGAH\R]3'5NMK^$?9UP
M]8>*../P=&Z@EV%A-I<$?N4[2W^$0+PE(@C"E+^(K64DM)YCE_*T%%I`1U39
M%+S7*M8XJO+,^8$42F52'S&WY)'YI['?T"%-<4XW@KO^J5F-U#]Y*VPDHRNB
M9\98]_A*84ET#<-2ZIN94MN:X%F!DV+^VI7T2F7X5,Q6]_D0)K94`;B:/B%_
M5;U0/*V3E-O;,#W11W.PXVW9'_2:1,1N_>[:6XH51WLSKE%<?_7LB=(\P@!6
ME-5BNIK-DDCM6$T$_2&M@?'@I$B&KG:2E8ER!DE/L./\.B7"$1%!2)!J.KM=
M!8:KZ`M*L*CN"1)'!5I2]=#@S*-A9YVU#X\*H@E9XUL4*#_VNPZ@Q\(YL$J7
M"JW&.7I"'R%.9-`4TL!Y"F*/OK^X@0(NC@6Q[,DP40U8TIFZJ@"7-/+Z<(P^
M2[\><4+^:YJ=9;R;$LT6JO6<_PH.B<+$[<WST7?:I8HY.P>B3DB_L]%W"PL"
M4O:?\<V=#0)J\=&<2>51WFBEK2654V#<"D6;;,*;F:Z8!A19S8#WXX]";Z%K
M3MP!,/^KQTA0!H(2FA%<D/QTC*%V,WIE5.M'TC<:YDHF8DH)"U(9=/Z_C?Z!
M:FC<Q'2$94N429.7Y+`C-T!-@3^@5$*++J=CB:?<`2(E3RK$_/RSG&8F5;79
M)%?AD<>7Q(#)+J"#?D`+`8CGYK-C'18Y[CY==7N#E$4ED!T.HUA,[79NO<27
M46Y0>:,B<`L[3]6.]7XQ'9518FL/951L*9UY"&^4Y'O.W5[T,@8[Q!S73^>$
ML3FT0U>B<9*;)N$F?9H<6D4W$\*RW7RM8O:F-"?/V\E3:\<S)2%)KL*/&3Y'
MP.<[$I@$O_WLK7/XI/82JD+Q#A]\^HLJ"P9PP#:[+47E)^P#=!3>/5!+XE\D
MA\K%JJAK.<:YS"XUR1[)U8WWKK(W*M-;6),AE(S2K*F!<N3/LPGG$2Z9Y,PT
MD9Y<(Q[GU4_:W7N*OU"KMLP_NOH>4^Z6E4_P8X#F8V03_5YADJ`%FJT46MWV
M`7F!;S+1*L2JW*6N)YC0`#KAKC*$37+:_#D9/K'W\.@4B18REZBBA"[;:[4M
M]4$-=43[4>IJ:*FM#G4DA@.?4^2"_;IV8W`)(UC`.$96F(<6<F5"'\JX3>2A
MF6(JIA&^.$/WY$676-:E$I@$@.L:?R'F0G*GJ/!?OGO6@0'!"@BM'(NNA*@K
M%!/](N*6615.T+18C]''8,Y4.(58&FS?N"P^NX5*%1-G+&\`L@65:B[-D.NP
M1EE+Q,!AS@0.H\=4/YJ;+DGUDX_K6$5<%AL__^SA<W!%OR7K2E:T^@C:69>@
M+Q=>JU3_T^4,_ZEPN*B0G.B9V1ELY9;=`QFPUU/4="0%&<+DM"05Y'K(9<Z"
M+5EG3`[-#'=7K#S`C+<$Y\$4SS_<,CSZS$1\W>(ZESS0+`G8=BZ(!?-M5C>)
M"FM\0#,%U'<$F<S9^4*5@=[&.5[[2<N)P5$[163PRU;'?Y:-'$9C(;YP)5L:
MY]=4U>*T4MG:,+$S>[F?'\::M%*^LX/"!82>J-`6>`'@/=K?6^A[G(&H6#?`
M<3[:I;$BC@\$E1%"2T8[M>>.>8H?-H'0%63-_U,]+IL[B*8!)2RS8FZ"_C[D
MIQ?]1((,C!6B$0-@%-I2VQ)SI%EGGMQ$%;B,3T=#93G\A1UQ;7&D\>1D!WV%
M`@0-8+&I*X!^&-]@<7\I:\7X/R5$<,M5.T<\1B^SSOJ^&*&@',TT[#42W'CR
M]$F)6T3=G<XW4-5]!?XM-+WQA*Y4%F"WI93Z+](T:N2VQ)P@%&@70@H4Z:]&
MV%+P6BJ@_BXKL>`':@,_VN)C(%^2S`Y=:U&Y#?62475I`6^U]9"R+ET^GE(B
M)-\^,I!J3'X!W!K<W`GA&K*GP=Z\WM!H,P5B9E,'K=_"$U>"*QOG:G$5AQX)
M9RP$]F7C]W<^$LD]VLSEZ3YH0L\<&4YX!!;(V,`)5PB\W$_D`6)M!+5,<02H
M2VF"0A4R7HO":H!32:CD)%E'1CW.[WE7%0]W;RB0L0-(+OJE!,O5Q<C)$O.D
M=XQL&X.F>9\%?H6S+)W8H)(PJ[LUAX0_*^0CW#`;!T78BK-TG&+354Z^?>.&
M57!UQ*TM0,*/^]&-*]LH"N^0?ZKZ'/%C$Q?2EE;EBHM*W=P>&'*3`)";6.Q'
MZ"R.TF-1D^S-'FTK$VY)OL#&MZJB#;_WDC=[F1?W9ADL3[YPGU`Q;X*QS*A%
M-/^07Y%0U!RWRP:V%_?>CG96<30GIT9ODY-R[V'UULIH'_P4-7!DU>_2EPZK
MJAE)@7\?GTA\G]ZVU96ON>'.KMX=[7"93IIH_U,]8)KHJ)T(H=!,U(J-R=;[
M[;<?=[='O2(^LU!W]K;@:GMO1Y./;R8[;W?&ASO;D]X8'S]\&!_^.-I_-]K9
M^WY[<O1A>^]HPJ*.WF\?CH[>C_?JW_GWZ'![=WRT_79T,#X\&ACP,>N.1C_]
MBLNQ$1PLKEV&2ZLY"MNT?03`.8GVUZ/?KLUQ5;Q5[1LG7FA)[3T9G.W#L;1(
M*23FR)`7K%<VY!55I0%\[M.:/VD'G:#6WZX:X[__Y0CUW?^BK^/^]VHD11R8
MB+"ZN':9[VFRX'U3;Q<R0Y;LO$#6)!0<I>0A*CYEZEPR2A&;N$X@AG:R0@%0
MX0%"!%&6I,:[%&;H?;4%^Q(#/!OE=Z`9!&A<"P9':\;:GV(@X.V+&Y+NH,D_
M/'9OBYD,[Z##QY`+E#7:VO]P,-[[\9MVD*W]O;?;>Q/HZLUX=[RWM3V:O-_>
M/NK1:TU>$DZZM]>R#4U:(;C27R[:VGF&8[:X(G2G5;NF"J-Z./)."@JM=QV%
M)'&$2^*&UD1#HJY'8HBZ&B]I-DF./K68'+.IE(^>OUBW;7#MV--VY?3)R"P\
M.W&81JX@V5_'E_<.OTGC1,GT1YO/^\-7Q%MC_A_8S=,-[^;]:/W%^AV[D42A
M"(;:I54I01YD3A9&<R3#Q[=;&L79_B8$8=--#W]).05?.]*W/73(=921O8C:
M*![0#/QZ:/8>^L`"<D8L?5)SWQ!Z<F4<)N_(/25"$,/Q^>KJIC<+46N1OV%^
MJ0XL/]MX23<7VJF_>-FK-]>Q;[R@VSH))IM/GS1K'@;KH>JQ=2#$[Y4?U2<0
M+-[<'L%MT5.<(4OJ]7/^N)R*,##484/&C6?-:EZ'Y&E.U2`0[5'^$MTT>U^B
M4DOU<]Y9_`'FNI(3%C\`O3C49$>J+@8AR,<'_UAXC5JVKMJ!>:=P_\%QM9<I
M.;=F$N7T)>GXRKLW%Y$<0_9*3Q,MW&]RA')A.HA4DOV#[</QT<[^7H\/_LBA
MX#$V1V&M"K8+-RUN55H<@AE?VXU<YPHG7]PX/"K-&EBPUNZ)MN/=<<#MJ]^!
M/:D</M(DL$>4YA-N/B!&N%N.0%[,2`9J*)"SA`.\'ACUZP<)Y8-IU?$Q5I5Z
MI]\]_[*CDF`[W'Z/#-OY'HUTC[^WZ;RQ/YGT>)]KUG=`LL<N[FQ/T!<TE3CJ
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MK\^_'?RMBC3<\9B8(=)(1?`]*VUO_VA[,CK:1VM.VO&[G3VTXYWQ[JA(BG:&
M=6NNT#,@)DK'LA-K/]A*:5B5B2&2_32;W4Y51T)>0+IZ%0G6K30W&3HH$M$$
MT&S`+1<L.,>%\\YC)!0Y*9$6H3I0A[@D-TMY+`U3AN=*C;5O)40_XAGE+]N#
MV6-$R:A*.O88A'N:LN#'T<BU5ER)2L;2#D>-U%_0N]NNU$ZA$+Q+H.Q=FL(]
M*D(RX\(E_!#]0!L1/+..T%,$CDQ?2%0G-<E=&23E:KDTI+-4CA23)>`@D6[9
MT/DC.SF\B()MH>`4C@QH$T:3V'7GGK0J>YLSMVBX_JBL``69;WXF3XZ?ZYJ=
M,OW9^0F%$>634K*E((%IJ2?1T']'>]$:VVB">P()!QI6%+LF4KN&!K=QSD`$
MS[H1B,P1U8^;%#`:-E@/!W%J'8DEHWBW&2DCR@'T@!):H5.&&7886V<X3V\N
M3APM,W6LIX&V7,][&$;@FS)$KK6WB'R4Q2IF\6CS5>D=#488WQ8`%33E%'WE
MBOO)B,W:@$5!^HA2]DG^F&*O?5AMK(TFI=K?XEI!J@>J`![P<I0%IVKKKGM"
M-:JLFZ`PN*]S+X=ID8V:7\9QZV!"L8N+N%JN]92&E%VV.ZG$;OLVM;5"WR8?
MX&!!U/XTO"SG*0<%/_A[)XGY"GX7\/4LM=<3W*W<E7AM3&[&S`:78Z3^WJ!5
M`8@^.+JA<\+T@H!#&G:T2[<+,;3^P&E80XY'SP9'7;ZYI\263/03&_CS-D?^
MX]#F(A5HDLJ9E:\3I0H6A(-%@Y_[UQ"TJ?ECNDV;"#C,[;0[G]P'C!Q]$<%U
M0;QU?*W2@@S?):?6!>[3P5TUP!TVC@LZ;=P!A?N/=W@),:3YI1)R<@\`U1OW
M@>CYX):,3VXO;F;*ND%!&Y]Z%8W"EP_%Q'++1`?X#;1>4ZE1,F%2,ZB=[+LJ
M0>">TU.RK_"%(D&J/(!E+)A"-MOB^I/?Q8J17'*DI1(N)-4)-E"#86);[J>R
M8%WEIR+<'\B8/'1U9QYA>$_.4PUT$(E86]F!UX)2[.Q6.7DFK/F/.(WX8ET8
MB*#'Z3D$-Y4_<<S$+0NI<'0H6JI5J#R6'2_B4K%D`(9]PF&TAN)?UZJJT7Q\
MB_95,KQ-!V,(-+#A95NVU*^6]8+TVWA1:$3,E!\RJ[7,D'P]H$<B6\GS/VL?
MJ6*0+/<M]IXR9W4)88B$T*Y@R;6&Q+ORT:I::96JC2\\+ELE`27K7]61N![S
M<6W">C!YR<;QK!8O-)0"#FZ3T!@-4/QU98DQ,3'M"UBF>5T-9%?'_T";M<%.
MN.YCSO'DJIN49]+=<78.XV"TKD(W7Z#XLFJ!H#J8N_`'O5U'786P-PI_\;,H
M+'D)9"NTB6Q`HN*7O_4HXJ/A\9`NI]A*R=2HU4@=0/)^T]W$%$<T(#`^MQWA
M]4B$+42@/`2V90;(^<TU06*U88K$O-+.(/(++(8DI+E_;3F1T#3*SO@*5>AV
M4/6.HMDQZ@"HI-0;_)&7F"GC97A9EIT(JSI*FY#(?>D!R3H?K;]Z54N!SKI1
MY'S+:&++9H7"?\>L)3="/'CYI"V7>\XR<@]"5?[-U:MXR'0OKWFY:3C@.4@S
MC`R"W2=)4GUW.2,<.E(;$Y1`EZ2/2=W_[MVN5-.U$?\@\<HNYE("A@RT4L<I
M`\;4%G$#ZL,65Q[DG)HI9V=`0-#JZB,@!'"3O:7"-EE&(R)%9.M6A08)DTU`
MV`IT#;BA9@3_;4?.*=MYS:K*+J1\7"UP2_CQ>R+PA^>Y;JKWXN(:_!)S`D[Y
M*S9<?:.F;U?LWAU1=2ZIW-M2[>_(!/@SQN\M.D<>OV\?'6[O[$T^'BJ2V#YR
MU_EVSW4>@D`B+C&M7AP%8;VXFH[&[9CQ^YLEOV\M^?WMDM][:X[QW[7OO[N9
M7;6_<6B>9]`^V(H[<=K?XUA'/Q#!O#V?MH_=JN5XVP=0UUX_M>`>TW'T.!F1
M/;]X]HS9&[]UM-0MN'MO`>_$][ZW^R4^F*!U]Q:8SE"6PZ5D(72&]Q?X<2GG
M^JW=`NY24!Z).SXCBPV6/"Y^*7Q-E,9S1T?[D:HFJO<.;F93?%EH%`PUI_;E
M=O2C=&P?L?WXC=J`JG#]+:FYE[-K_TB+/,Q^AX\=O\/C(S'#@602-_C'?%I'
M0)7>,'J'C)N0U='.?N_A+)F+/>(51DXJ*9V],:><I+;Z=H[O4W*$N695<K(=
MR1&C95NI4H/V\"/7P;;O=[9)&1_<:CMQX4B942V;\!"]@70*^@]8MF-^7_@P
M[#=&/U'A[P+Y"7@7<'-K@NG\\`V`P0LUZT4&/JKX6:(^T1B6+]8RB:!`L#L*
M-TQXF+7=EKJW&Q;;/XKCG::=GB478]+H?<GI97Z^;P7H*H,VK-'`_?%Z^%Y_
M_B[EK!1?B0^6<K6V+FE:EQ&R1W#`0=T\@FI9SQ&:&-AU$IGAJS^D>TT".CY>
M#H%HW8IQD*DYP)'JE88S[B_ST<32`5=W+U#Q#C^\F0APUDMN9?2=W?;8.=MF
M`P:I`R2]V6'5W"L,(_>IO$K.;^<\52X&#A\5B%<>89#X+W>"U8]6E+SD3!C:
M$.?.40H!V#`!)W$/VX4'4>9XM*IMC/:G.-?-I:6/^ER^8K)(EG+^3$:)N+.O
M98CW;^A-Y$7AD`+EZP2FPUQ9H_.ON=+'Z8Q<RQN+W?#)]0*6*FZV%3&*858P
M"OX/`[\=52MF<V-MEJ"/SDD7A_<@6!#EJ\>^9^1J(5D"C8Q&K7\N*#4W_+]W
M!7O(%)TF74@&=B@0EB$ZB/<FD@`G0TF`%3[L2AB-GB9&^T>@:9$Z0[(T:"V=
M_L#(BOP7Q@4/>WSX?YB[TMY&CB3[5PH+>T?&2FU)?7IV,("N;FM&:FE$M8V!
ML1\HDI(XED@MCVYKL#]^WXO(J[(JZR"+;0.[F+:8E1D9&1EW1-J`,KF"CY&[
MQ\2')'7+5LFAF=!".L#]M,"5GWG,@P-4!8<*)R,8`(X$RU0<@@^\H8ERQ2,$
MQVCP`&N!,;+#T>++".SJP/7"#);E;KF<__'*O9*'TY<("//F+S6PAG]9,KC`
M;:)6`QS$._0NNK0<`9LS^6I4QU2&>14,>_/)!;BR.U1`9!!5DIWKZ<ZY39?S
MBV67F!*]Z\?3PKU$-J.+JF>0L.'6W$SEBV*+6<6BA:6L&'`9"LH*<><</V^_
MM<(JN0T!<,@E!"4DMJ0*!'515BGAM^"X#Z$F?D&'@>FO1FIB,%KHC$`#_4GV
M^MOX)/VG>EM2FR-*X8M`C>R5YC@<07;=L6252#WLT0O0$\6#%JJ&&0/7;KSL
M`40R@<_-J8J+ATBFPT4,=FKJ?N$=X:+5:^)>$!<!^4A[U!B4`+&B#>-Z>NZ@
M(O9RBB92='_S,HG<Q/K`B)=O!BZ('E(3[YNEAH*8594.LL9P83>A![1`#`9-
MCM!<?4/(LNR*X%<7U]>G`CH8'T6!J8;`:)@B+F=+4XL(AL_"`Y>25W.X5,'F
M4N)PC%1Y+#=L`*.!*9;$7*CBLTT;=_?;XSH^A6.H:)^MZ*_7%33K+R`54*&7
M:L%DY1R;A^=5$CE6R_5$^&%#^C[0-H@(JC]%YM(ZPYYIR")*5>"*)UK)"%`"
M`/PR0`H//=#T&O-Z!,R3^KIG["[!>$K_(SX)_,PQOCV[AV-,]3*VH(,[*Q$@
M6'FR@C,J@,H7:@T"463W$</L^#CV!R59LR/D$0Z4M7,/\0>&F*^E4#BE=EJ*
M?R#%:[&5*3#"42'91HX?/C9T;"8+V#+I-QB*VSX.<A03JS.#U98H^8\QD_G6
M9!+R&LU]+G(J:=5`RTDEE6-&<\6G<&E"$73HI;03@-/%EX/;;V(XG2>%`_IJ
M/!,:A%]O6&Y88CJIAD-')1/U''_A!(GL).?)Z.E1I?4&:][CD,&*GE!-"JO,
M''`&@Y"UO?$6[#>X>N!E:F8;6QJ(AG<'SD_6'#N'JHJ:L?1*9%S=,A\<^#,2
MB_C@Z],]8OUX!DX"Y'3I,]4C7MAS=_!6L#EH8VDZ0W!'/,-`&V@'0\O72J\1
M?B@M8A8H[(F'ASY85V*G7EC9KSJGX:"1C150Z66:0Y:DZ45XC5<]<V_0@D)Q
M%6G#T?V3/F?8J-#8I`UFCW0/]IA6.(.?D-:%M_DD40`7-(8C5.`SF3=Y(*']
M3UMO('+@&/VU:)47)XJ7:BI*$WX6O4-B^UAS`#$X6GF@XK+'YB#(37FDTB1,
M7<K;LJ'NMN7\A@>XU.HWY+\BO^%')-R(_/TNV]+'U?"/3[WC[)N"&K`+C7*R
MN)_#50=[)D8+>L&^R$R#S-?QCPZP,*G@ES/699XBWW!>*`K\Z#H2^JI/PPP*
M9P\%X%'.[DX<-?9V@_F*`R>&A1%SQ+R!<BGHS'XYES!O`82CY>(+E%T4"]%$
M\?QTB#_&<Y[?H%<.;D!RLC-Y2=ZPV?AK]0R!R4FQ*U(J>;YDJLPD@RK;5W]S
M_%EAT>S_@B+4ZLVY_)_4[D]=^K_P0!C1\CA1<>N'B#@+Z9I<R]2$/3RV@88)
MV0=-WQPE4>5HI3D1)[2]G)>[GKZ;S$(-\ES"[<X0JB+C0+>/G$XI-!VQ707O
MJ?R#_O//(#^RA]07[TUW@.0`U??-[E*SR'*I'S7B"D9D_-XU2X6^G-24/Z4#
M`!\E9)KZT,1]Q=]G(L&FN\,P"5;H.PR#,B93$0QO/D+S='BDD9Q#8CYA=T8X
M>>'[)E<6Y<@1$-3%+>>!MA:M!;?`-<_8,X+Q^PQ7RI7G)T&M"J)D5:16^:';
MWVV!=>%E;WWL`@DSRMYWT:[DN<!EWR,TC8Y[L(E(G2AMY+_35/FFV:PN0"2S
M]J:WX+E8PF(S9GFOFLU:05Q;+01>8IKGRG-`.TD-\_=-XP2HD*`CI-W&FRD;
M6:%\>Y'XV=Z=0F6QI#F`JBFC"A(:YBMD3+_T!5/('GYB,^-L;PL8&7.=#C90
M##_J4_0UFY[-[4P=6Q*1,$>10?,,:]L\\(=_VTD@S1#1)E@S"!]>]5S2H!T6
M0Y58BYD'6X&]T"*$Z"X^_E&N&7DXI5#WF$9XX`5S6RK`"FM6F4O\RWD?N6W(
M!;91*!X,O2WQN%_V"WK++R^+?WI5^!/4<)3T:+P*CD+MM7VHV6O>79.$_)?7
MA1E_>5/X$S4S^/%H@JVP!GTFB!W-%$7P3TMJ7>K<O?]1,%HWW&3[]!">PD,*
M+$!1"RC->\P74<)T"ASU5'D[,37N:@2O*6\>4X1@Z(4:`VQ8)NW`#O;W$"-O
MPJ8-Q<S\>,9+:QG#8K?RNYN97>#:&(G@+FB1`G=2-],?._,\]$ET-+D_&3J`
M`+F$BR4,V@WTO*WB%9;Y^ZX4SCF%(#T9Y4?^UDK'[#?@#KB-;"OY/)V8Y;2=
MOO'?TR>RH[V`2JRAPG#ZP<3B'X"A:T_*7.\G0S]R#(9$MU72Q_SN!Z,`(*54
ME14T72Y15@K#H.64C0N=)@X(DS(8+UV"L2VFB%`3E1P1:(KN*+RN7"\]2CZB
M_QD-6"4.::Y[#([YBGF0ZL?5)8MBWTTO9B7SDIR%E4CF\ND><S[QRJI*J<"!
M,-)CO&;3,>@U-DLKABTW`11N=K\%E?,+RXP\@J0C"=WLE;.($1./*)D-&1=:
MU99$F\V?)D]%]%#R)Y-UQVA@CU)T=-Q",(!/IC-)`,%7OD$UT')3NF.+3+B,
M6'(9)"9SQ9C^(>EX+/-9#=&!%.O4NS6#*/L93LI[Q)O8%I/*A]XIA/*@.X??
M7[`?5#T%7DO+8G.C1O3N(*XGK<U-[OMK)K*8P_?KA0<:'TW9E'];PM]C.FYV
M,Z-_RZ/3:>/4_Q6`1==;N$+S*(VG14/NMEAM,NW;S4S[;C/3X@V6EDAX3R=S
M\$#C=ERJL8]VKIW/N0$X7[X2!6'!QJS2L*TUV*)EMOZJG#F9P(F5*U=&ESLT
MVJ98_9K2Z'!KG>7U'*9DR2IG1AGWB!F2:M@.EH:)DF4S1WRINXG+V%-WL\?L
M!%QJQ<F;<!4PJPW.#IZUP=G!NC8X.SC#:K,W8F2;FGIS4)>PM=4VL=I7SBJ-
M.5G*!(\_*#A9X@'(K5$[U\X(5Y5RIVL\;8P$^`OH.=?H8@L%;3GOB[OT%K$/
MY.K9+V)UJ<D2PJ;,"MW/[GG5QI9P#&NC:*I=I0??];IG4;\(263SR\AS`!O?
MS/47[`7Y3XC7YK:T%CG7HM"L^A[/+'Z5A;B]=>YG_8:4.\B&J$XA_F\4O_3^
MGF"UHQ0B!1?T*A3C/:@'(#7(6^"I$>*L(DCZ#^^LHGK%)LMP%ZNS:DN*(^Q_
M0O%K$4]Y`R]P.H%@[UWESWC(Z(4U'E_%[!.HQX]:IUU(/FB^N2J5-$P;$6W6
MN8SIW@Z]_3_S11:3NHF4"G@Q3;\+E_()S[9/P+;^FS#7Q:7IQ1O5JC>&$^$7
MW]*PR0(!29Z=%*4PL42<%'BNHUAWYU'1#\XT115.MS;>4<90X,.Y52O`)A#&
M($K8%+U,@!\[,>1CNY7?CV?('==BG.P\.\QZG@+MI/&Z/^S^%WU\&5X:13MX
M>&7HMWF@%Y;=+)!TQ(*Z.9*4$#V;QA\W67`CN\"DB8@5RL4JHF,K;N#@['KG
MP)U+/$F0=(US%D1:'&I#\2%RD;0Z0MK@][/]5SOBXV!'TI+2MH9HA0<5$TNV
M3A(V1'40#!H&QPN?G'99C;?1<%4F-&<GX)\@E0OI*ILBK883,A5FMGQ:P#V8
MFNGJ\483[I&;,M7,LR/<JM3P\DW#+<PGXY_P.)M0O+Q!+1E-INLLG).FZ(Q^
M2XM9*J*,_YI$'NU0$N/..!AQ_,A&0F8V,.ZFQ[XXA]PI(I_/+;#3U(A/G!IW
M-9]7)8\OF=?F\V-NK<!'N.OE[L[K'\0U[Y?!.PY+A/H*_N`\=>H4<,+.\%+5
MSO3VMGK%(]/23SSV)I@JJ;SPOH3/]\2SV$X:9";<JGE'P`5O\,@+\8$SA&>[
MCQVA?3->J/PU`_9&#P4TU)P_N$'/<"B&%498,2W[(?1PG``)J^+Z!>A-;Q:9
MJ.:=HGBC9=_$8]:!'EL[!^M@4#M%[8;V+I#3'Y[6M8:^)>,'\5JR<60K(0_%
M-3DQBD/7X)H8?`K<-;%Q1;YSA:</](68U5=!B2EQTGL"-7B9&R-#C6EP!A&#
M.M;+]7AT_=[*5^U*G'V"Q(\B[=Z%F$)5HX\`H4E!K"IM6&,J+%"B`L4(1HX%
M>DGE51R;=_%O3=%V]P0SGE&/$06]B>+6<O).%!"D'9`I,E,1.W/J[9.K+Z3H
M<`E+5GF4^!KRX<F%I0>DO,3"_PK+1<8F81\#F1!1Z`ODL2-H:F"^V.+P=@;,
M>S3'F$&`4F?02@OJF?'17KE"RR^V3MW&S2UFC+J4;8%U2R2CD#;XUD0XT-51
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MQJV9FQ1*%)6S4TF\P1RW;I:61TF`)=0ED[JOH=72;-KT3+:2RA7B)@_"UR7R
M2'*8LA#'"/"U1\7I*4U+"6#C1QL*VI8G:C<J!L;()DX8O\E`FI]8`1CCXDH3
MT>AJN8B:;B11[C4C0;>90G+94B?:X!-BWK_+EIJ((@.DB#[!,,6@E#/E<VQZ
MOMMO,%-7-(ZI`L%E%K?"/(D@H_LZUBWZA!3$I35@3[FU.D7H&N1G.#M1U<H_
MI.RIJ;0RDU!C.CLXB4FD(,HMGN.!P@`"D9\:IP4BJ5_A3V0#"^SIL,>[.$=.
M&(K^M[7AY),V1]9:2[2!!,A3J&\HD65'[V)BU(IH+6$1BF1;_0Y2#5L*U>/X
MB<4?!6$C4,=X])GWNJGX=ZV/UWMM$_@+,Y_![OJSZ27TY%H%I>G/Z@&E3T,<
MX=4?ZE9G[/5^AA*QU.%9-=+E2R;4R+T]HV_65('D%CZ7/H?)M;%4H\H26]2!
MQKQ&U]TOS^K,+?XC&INGE]XU2Z,A,=7G[$VI\NQVC8ZEJF67U[X$?%`P7H=M
MMY'RZ:S.7K/J`?1K7B)XEIQI1<NH[_J]0#O4BY<K<D:74^W`#JL*WJ@YJVS%
MP)*.HS9'>XZPV@`M>N''LTW>Z=Q_[,N;W=)'@/K%&&.LK"K878'-Y[2YH))$
M[T5T,X5%Z"]E';,*:ZS(,"YG8HR:;BC0PZZ!.=1(K=9#K)Z=")A.[L=[M@33
M4*:&JD?+3T7F4&ZL/D>8%&WXD\V+7YHF8$6A5/&1]`U[$+D8<\X5#Q=*QI,V
M""C(0FCC7;1M,^T_2#21[G]@RKJLX(%WTJOXL&RDC5L]O831/G,;K*<D1I+^
M;!LEEO^:RRV.J"_^HNS:Q6-$/\1N3D6*(\%RCNQGB09`%4ZQ0U`WRJI2\2RJ
MM):8"\O),H6_&K=/6R`Z\6>M2)IUGXEI*'9;/8T<^=3[I>T1"4G`/A>0"9*"
M%*,L^`2:(T:IC1@/4Y+BG20[#D8&D1Q;9Q1_*SNT(D'D!^,BZ'O/L'=J09^"
M`!DS$%W-:4KR<E!9`4"P&2]>0(0%"SH8V`<E/8KCJ3"J8M/(>6?+M_J:`7\B
M??-,+W@M/$+\&CNS:.E*BE68:;0P[+Y/*YLUUA-:'='"P/,V5D77!L6PD8(^
M)FCQ:O(D8X+R!07:KH3!'4-.?MWXHQQ!I8=9#,'/:A5J=C*K)"$)NI:34#`=
M+TUZW3PF\N250$/^$Q=0]<CSQ"`7=^9+UF+DY*>*5U]UGB)(?O_T?1KE@,`5
M\5L-4HN)-"F"#R`,:B[CP!?&='4?C:\OYU6&NQ]V$*("=)?"V2=Q2BL_@[R@
M\!HV_<8)3%C;I3U96D\4DXI<_9+J1.NL1S=Z=E6)/\NW8//6.?;M&[ZV\+`'
M\^'ZH5A>/2B^%95OW@JW&,@%D03R7')!Z!RX"^8/TKVULD`_GT8P-CJ&\;('
MKOOM[+-T#5]*;[1CO)$R6#`E!P;1^10Y$6+('"_[#SOHI-6GMU?^'&.*5?=V
M$3][VMW-V`46@C#!$9@L#EI]D^D$07Z8:WA\#2#0J8X1`J/ZI2E^9J,=]HU!
M>DBK-?,HD<P%]'F%*.5!P(2\]6]'8,G%E/W_S:^/VE,=3[GDA@GJ8E24+V/U
M`.J'^4G<6N&0\@7CI:X96D*C5-8M(@!E&KFF1TV7@O+:<<%LA;[_?LW<;!7C
M9#88X+GQ>S&4A]E)=BV&K!ZT4E]*E<XCV5)>&7D'I[J4QU1)9H<GU_"%@+QC
M*((;>I%L\?R'[.4<,MYR+JH.4!\>A%_-]<!S+!C6C54A8!A!Y[W/;MEH-'40
M`<(,2W-]C7,L3#E6L:6U:!=!C[^JY%192^[<MN,LN$_Q&0;P0\FZS]X#?F^4
M88--$5&7R7,E+[$.(8#Q`O7FH*A)T.ELNRZD&7?[B;=VI#%A3TDY[+9KAX'C
MX&6LONW5"YY#*HT9>T%7R.PH.\XN'+4*-1=$6HJ6JY=I2C7<#@4VA29<"BHT
M?X*0#?B:1U@[W$(E8$KJLVKWX39;8[T9<4,8FXR[WP_0&OJO/K4.,=;1_4A#
MU)3"ZHYN58PT7G]#)])T_8X.`AHUR-OIFE?4-2UK`./H_$95'TOGT*QU2%U#
M\W6.K%H2K'=M:C!2L_0F#Z-ZZ:^#^:97=Z-GT!B(39Y&4R`Z.I?"-&?C6]_=
M:Q-LK+!B.KVSFN,5)EH?]+4.MGMX"C-:\=).F2I,$R.J*<VM=_NZ`V.SQ]04
M&X7]K'8ZS?0$K5OP>O\F;F;U=?N*<*YUOE\/SL8$H!GC4-QM9T%+*3C%E<*P
M^.X?2Z1'#9&)(H\2HX!@0,^@)/7CSTQ8*4EZX<O(>*L!K:N8<,YG(L("`@M5
MS%V\CP8O+(N[,QZQB0T:%V_.C5::^5K'E7Y?X&IH^7<%KA4!P]-6E[^Z*BT'
M+JAZCV%RD8^YCMA=7RT$#GA?K+N_^45+W:K-[Z.S&_1'`K7F/OV!0&U\N\['
MPZ<IHAP,9SGZ!S-'0J*4@9"9,^KP)2J4*L1K/:-F344BW@CY:-+"C,.=SL;0
ME>\<\`?Q`Y"08&$`L3YD@/P#IJS,^90OQ).L).^2A[*P(E7">^P#:6:NH`MQ
M(:@^<X"AVKKX+F7I-*7ALOJYD@2F(?=DEV[D>[A6TDFF'\O551?C`G7\.E[+
MMX8.PO&A0VLE8.)50C2XBCK3M!HN$KS$*(U#+=,$%[>C=F[RK:U79?`Q1,WT
MQ:\*D.WG7MTG'0B0&[PIQ*@=)$O$?<(WO?0Y'OOA$R*BVR(RLS2/.]I3B,^P
M;GQ7M&)R^:_9V?=C3MV((4I>EOQG70&&>/;3:*$1([35)Z/EHQ'H?]$`>WBF
M`@:!>4"N*@$U.1#;8"WX-3LM+!%>XOH?&&F:L.>28R(QDJKFD^?_)'OD<3D9
M#\9/B(;Q62]O`K>9[;WI3!P`)>\/I`BJ"K)J1MD&JBIFV)P1=K5B._;;9M7.
M6&R[1==CHVW66H%5QM/[:+AR=4_GN%RG?%X31=42MPT>T,P-XODALTR>:?"S
M^2'QBD;]R[W_Y*XJ%BUH*7E],'5UZJ9MSI?J9I+L#+(:^4>35Z#,C%".\]4(
MV2E:'(5[;S^UQWA.F;98`CZKW6MM3JY^K8T03/VR1VQ=P,;O?F@.K4FI6*4\
MQW3KYTYA.O;@YF!H>TUTLM!`"L[T9SX,6"'APL^2%RV)E8^5*D:CN2_[SU*6
M!`%H+O2E*4).-\$)S,C3R1/>G329@7ONAL1'4O\%Z+].2=O(I%@WB=XV1-=H
MA^MI8?[]]P36R4-6>/AN/).T2#PB67Z8F#:I[JQT)LG9L-)*:F(3S%0MVEK[
M:[)@G71J+N<:T5;=<ANBC`U*S-2V]UNS&?\%KPCZQK"5*-H5WJ!WCV3-Y03`
M1OE!#I0J_;Z=MHU]?3VP.U/7OS+4Z^G[7Q78%0R&KPI?DMCR*LE7A6DCTC5W
M7Y,RI*D8;#8;L-:E&&R\Z`HNE80@;+QD5Y*W\8+5W+_S<ZSB\&MX<-9%>Q58
M[01/YQCK3+AL`++U!$CG`*T@)%:"(3"HC;H76+@;\234JW[@D74:[XK^J49K
M!R@)S>P`+]UY<SH"Z/<[J+4\)(UV'YY!UVZ4[@#HTM?RLK41Y+]852O#=Z'@
M*-PO2_U-F4PG$*T2RDX=:0Z@:DUA51RNA)L0ZS;<;4.N[<3U5P6[,U'^E:%>
M3\Q_56!74`&^*GS-`^*-[N0?Q.S,\8F-F)VY%=8V.YO-!L+HTNQLO&AW9F?C
M);LR.QLO6"U,5A(*2:K`.78G,#H'K3.AL`'(UF/\G0.T`G-?"88_@C&3NTD-
M`/H:@>1&(JD>5CU&/V[N5'?<U+;1YB/FRR*9J\\7,EUN`YM_(:+!5Q70*6?!
MGCXI9;SU!`#2PVZ-;CL[?MR(7;DFE*$]N&E0<SU'QAI"96KV")W\T,%Y,EW@
M*0.\8C1]0A*=>:0#3)`YUAF"[L.I#&%G2#SW-D"R`)IR\3D$M"]B4C>SY/`V
M8=`]2)Z/XT^^A:TOY>F;=D/(>GGP[5=6RP0/Z/_',:!`<_+G[%K2!2YGTAAV
M+@UAS6[^A`3N\JY3^<2@C\`(\KNG,Y8974RB*7*)-X?FV>S>_6BTJ$\G#P"^
MN+V%A?0@79[DZXSU]W-I/H/>:DB"`N'>L@^4M("N:@O#WAHC^R%`KMA-_J>`
M\@+($E'VF'.SX]6`T7PV8#-W^^EA-,0[7?'030+H'>OQJNP=N`0ZQI//R#R3
M/$[TVIH^EKSDXNK:@/!@/!X2Q!.,\;S62Q*/M<5%A0^^SO;!Z=[W!^.'\:(J
M`W:3L'@1&:/LZZP*#"3MKS:I,D?(B7JFB$+!&)Z[X8W2+J#!)6'%E[FFP2U:
M>Y\QXGY'4)K1T^\+8"?''9SJ)H]R0\LT.Z;-+=[)$;B+QN["Z`?X'ZJ2JJ[P
M'^PZR@?!(+\'[ID=W,H;(S[G%+[%-R@2DP9:QZHS!]BL*%,S?4M/\7X#U2NT
M6DQH'^EZM0/J(:F*M0"*G,CV;'@[T4[TT#[C:5&X'6AOB0KI*SPI*N4\=WUT
M&_Q^2_N_?I<JJ/Z$9IVE'T"\RD,CE,O9J#_#*Z=W\_5FN3@Z34U@_2AX$%&.
M@X5V4RBR_Q:](,.75''KP+`9ITDXV;J<FEQR0`]&SP,ZR**4,`5JK_^0_MXW
MG1RST:7IW9F:RH\V+2=KQI_D^F(W(`9MD,P37";/F>H1C8`G>3*X]-BERM\8
M!'BU!T;$_>AAF-I5-=4&USH6HDG2K?@F1;^E^ZCLQIB:Z;O<5$+#%?"T)>2*
MJ0)JKA@5D'3%J!Q=5XU3XJX8X6E6*-RPS$K,^D]RG55?5GY40>L5T'5)\,$R
M>&+24WWP]YB"DY',KE3>)D'*KM9:P9W>LOBMG3.[RA<=I4#%YU+U:4G<<\W/
MNSJ`UA[N3G0\[P*LK0KN9+T*YW1\#A5#.\-YNF5L#$V]OS+^(G;@EI85Q1\E
MD?PQ5[0#!)QY/UW^J4LH43]5.1LJJZEB>"H'KP.%FOY\2D`?K9JS=1`UDR%T
M0?=J)VP,=*_@PYVK^2*=DD&?=R#S/U!=-HTCX'R<PZMG]%\8!B=&_\T0HUU@
M()T.UZZ/><)>:.5F3%@&P*>^EJC@\7F`%&C6)H[/RVU8#`(I=)X"J[,,[>2M
MKDO+#=N7BLYA^KG<>DL&\!H1#*P5L&O`AXY$1(ZGPW(D\_>$"=83.2R96:G]
M-@(R>:FJ_$\=',9&@?L#83YM;A?N&1SW`58N])7J\/)=@P7XR$#.K2\JBEAK
M9'@7,&&T"J?^ZB4)($56M1^0]:W0#>74>;WQDA<<FF.Z,7/]<"Q$6("Z2BT@
M,0/(Q?=S?1KD'N47VY'F4\&2K9<KU;54,5YG6I6=Z\^33B1:%;])#!4$='*D
M14Q\=+%KC+$<9>/6KT-AZ(-VX.'NO9=^[@60/J0=+'TT=H(WQSA9=J0O7[G/
M;KY`J$AO%E9`R-'<K(+0W2R(*9=B8_!"UI+L5.4?R0Z&4S_`>SY&VH/M+&8(
MI;+S"60$'H)@GQ`;&+Q`[?("**9>4,;/ZOE1^&AQ``2X6F^$&#VK#%V/JT-V
MK/D7A.01_GPW11L4#/-\I/*Y'27_'83X'QDNIB<+RI7;&@QTMY$GN\V8*DOF
MN&4AR6?&-QL,'HYO\18,RO<+@_5ZP_=G^E>N`)R[8W!/8!&TLH`SC_UI5MUM
M$:;T9NL63W]97"6-I;I5TE\65_E!W\2E=_41[`%/Y@%CP^5H!<RWF;P-(M(@
MIC?J;\,\VVKQ\-5<6T`5GHL.KV<X=U6X_[V[$V329F::81#B0T0LY^.%OM+X
MN0]=>#F'V7.W1(2>%QH/2M]/M1=5?*&2TYJ@/N("0:@__EJJMRD,\,(R.E^9
MKJX!<*6SP'T,LP`F@HO0]^]F(Y4/\0JN&V&?"2=WHQQ_098$6VP]>V^S>1D:
MLBE$$3S6:"RW]$YKAC'PDC)PAD?=XB7W7NHLA;^_*_^[?T$\V'C>29Y;3_W?
MLI'Q9,FCPF/:0"!>V(1@A!T3+WQ%?BW//??MKIX1%?-4CZ>D\2`CWRNZF4Y_
M+>><<M`:J3Z4H8<<JG_X@*@-V!M27H"F]^//>$Q9'T!)IFN%5+N%./EL(>Z=
MHRGN.T5=L!JDR<'G_OB!"3H[,,9V&/(0PY$*X\[U=,>T\'H.I<XEIKS%4]?3
M>;VT<]/+ZWPR?2]HOG9P`S4&PO9_8KQZN`>`._Y5'S4,B$94I=I1/.KBXTQJ
M=O<='D"@.W/@(8RZQ%.+CKJ#<Y]`P#XB)Z&/J\P4K/%,5*EXO.C?\",X=#9"
M@D(6'T457#D+('0$0>5UPL2YLTY47E99PO%&JA;XU,MZ5";5N7()"ED@.^TA
MZRUOAN//X[D\TIA2@*LF!F6*.NM;K?F$R#8`EADL.Z939(U?N0J\JFEAQ^VL
M,76)8]@"O`HBFWI\VR!5S37QXM2!!@L">AI#KB'#5S,'4D&O)X6FNJUXO3)[
MO>@MU`L&LSE@YOGP\8%$[;[<CP?W-I@'YR+<"A.<PT`]OD@X>X)(U.:XP9UE
ME!,-<1'SQ/\R?W*^O)F/_G?)D0.)5?-1PY"U4]@ON9)<_!@N<`5F*N$30E4P
MIW)L&LE+B]GX9BF9A=#Z0R/$\8R5N'4#'IUB,WTG.\IXL*TJLX=.52.D@IB&
M=!4G#YRX`=HKUTE_=^O4KGBM'&Y56`0NRC/UK08/R1>A$DD9<]Y`"#9`Z]D(
MBHS0L-4A8(*E82X='HBX<N'EIJ9>_S"=W(UF58N4#J]=1(^@3$(V_/2>VL1B
MNF.5PBH0=;'B%[5+M671MAQR#?9<QOGMM`VBC540EW!^.W.H.YR/'F]&LX+Z
M5#5SP+#MC"E9DKM'.1X%7A2``8YEM%*:`?CM/:]F0J/%8/".D6JTK[\5Q?!`
M.)Y1N:_!A*'GHKD;U&[,R_#!!7O-D;K75#EC3E&XXL&N#AQ?HN[<YDN__?BK
M_[Q;_'>&34,7W,/_I!#?')OFJ8IXG183:/O[>(($H-`C/R5LM4P^<1PFGM";
M8D5&$@KT"NLL/675,;:84'>@Q[-?<3RI<:MC1V;DDB",U[MIPDB-6W/EVB7#
M`:NOE3-F`_RN/F..0YD&&K#)F<)(/A0J)"+28ZTEO.Y08,KS5$ZAPGTNF,GA
MTK!0LI]%Z_17/_L9>J1(=;'=\]RDGHV%CBBW>KD5W>BY@_CR*&JB#OCQ((>N
MFG%&23OL(2VX)PZ$<DRF^-WY=#JDW^2@WW<\$431$,;2;YN"GEBZ$_@[00NQ
MDNVQ3S.##A:#K;"3G*(5DI*SK("KY%R=H(R4Y%O+MD)5X=-6*"I\O0)J"G-T
MA9)#7*[UZ`B@I29IBZ;4/*LA+#7;NJA3=ZSG]-F'67^8>\RR$8NJGZ8I^NIG
M:H?`^OG61>%'UF["*^B;0S>]CZ5?-D54Z<?M<%,ZQ;KH\+2$>)5]UCY27*A-
M!(J)8B]Q4C^C/H?)ULR=.4&T%37`M+_&$U0_C.%\=>_;-?!8!+I+WKYK!,$'
M^'@AH`P0T&,/1Y/1+4)?F,M#@9BZ>2X0=F`!S.EL_I?O%W_]R_?S\5__PO]?
M_#5OR;1%RX:`RIUB`!/M$'B)0AN)WJ;LTL2S1`<]-?EWY0BHUPP-"18TTNW`
M[(ZQ^/.L_\1J\@!6JTG$0TLY&N[L9J?``N<WX[YHX(*ECY+@!0I.P?G+WO]L
M_[)?<'VL`#[65J>(GLPL'5U(<9]VZ%EMEO886GF=AM@X@)-<AY:053N4K#%5
M>[RLMUA#Y`@M23,!>FX1\I^/9O!J(4]E##<H@F1]^,#PMAPN)2(>C%'@(57&
M#!`F8QH!<H$T6IQ-OTPP:*$ITHOI`G>BK^7/N6%("6-:;TF@0=*;&;RP07W^
M6W.`;^",.SRE^VWV]$(,-WOO2N;QGV\9B>5<Z:Z&#\S/Y5!?C=B&8$B?QL7U
M]2D\>)+4C`I*6_%'RWHP6#XR&P(#%;5,`9V-[D>3.</=2!!%AX!LBQ]_5\\<
M=8I<Z,@&CAB9S4P0B&<RFB/4FSEOE,3^&?@-O5$SM%+`J"_]&?279+3:%\*9
M/+$"3QT.)9]A+@9\@+SLU`>-65H:($:R8:5IS<)Y02<A`_\(S>IR-OHL*24Z
M3['3P\$F5K:K(B;7V;KC"=/M<"#J\55,!7P%3I1%]C,2O8`F%W"C]B.YL@:E
M)!V-[8&RM'[!(B\^DJO1<#G@9:L^DV"KP?%<Y`ZBAYX4V3'275@L@(NL.]C@
M@A;IO%F!TM86!%PM9)=HG8&^`_(>B2KS[.2W)^B1>G$/F9+]\*#_?8%$']FA
M3Y>4A]^AX7'?YK0*.56FPB]Q-X*H\&`\`S-@7N(`#/(+:A>87..2PI%,Q73&
M,=DAR(6_#,P%>=(P`>[](H/*R91`/NP&ICEG1)=#YR;CBY$R#IEK'MS#^-<1
MZ%@XQ@0WRD[QA76`-Z-LAA#P&'RU?*Z;$;@#!PW8=0?M>6YS:\%@!JLV&3B,
MHE9S56;]NBJ.#WTP:>5[(RCO[V?3QXP)-.K8+&A_%OO(^JCGDJ'^FF9KU6['
M'*#"VRLXI`9A06U!R7I\08YQAI^A]0G3]^G-;;+Z@BFJ$O;.S9._7HS>+I&N
M-LKNELC`!>TP/?*Y-)-'Q#JH8>B`11+>:(B_:.8<,E4H6D7PIU/G)#EO$+3I
M`6DHB?EYD86VM(V[<*@QM@+6B&PY?IU+!R2Y-I[+QV:,>)POGZB*0"&8C'XK
MKBT\1Y*`2?"&]_;,-P?\)H86WF]LAJ.#72%55UN/Q:.#8^Q#3DN)_NT"O*?)
MQZH!Z'>BT4QQ^R'G92*%P-:8`6FL+T,*0G)VF8%!UB'/&/?\`1/%\.9ZC]7O
M*:@KKEV:9TNY0LSE>SO%0`1("Q80^`-""'^2T^@:%P$889EBRHHK5FDP1U'/
M,,>E3*0;VOZ)/8W4G&Y`L&\]_AAG:DH'PP+TQ&.#C8$)N.H+JPK[G^<9%8*0
M"0O3$);@*Y><79OJ">(G9$8[%!6G]\>0Z2YN73J,$`M$%J2<WUJ1:'7$\>BV
MOWQ89+TO_2<'4[Q"(=5WYNHE1E99L,D=\;=[DIJ;O=4\VGGV)AOVGPO0[)OT
MX)IAEOT2VK29OO?&S/;.+HJP=-FJ>R9O&$!)EN\\TRSY>`]*CX;1^8-)0[!O
M)]ZMGMA,:8([!T'X*P8A/1)7PD'6X"PK)VJ&W\HI6N,JGBU)A<F!:V+`+8AY
M5D-`.,.Z^W=SU5"`&[?>[L-I5MI\.,&:>S^\N7&S5>\^'+G6_J.)5L%`-,6Z
M.)`*`"_ZHI!3#5JJ/UX/4[5SKX2\VEE;X]/S9]YF+ZA53`;V\@4?[87_9<+4
M@^"K`U45J8B$*@S\]7X^\5';JD!M%WHV'8C/>AN1#[$*<VHA;#LJ<J%:\!'F
MYO&(?5S%^P7]_4=TZZ2V%ZQCE9P&:D(`[#8?DX?TMY-7Q0:*.[=KQL16&-EF
M&5=VP&A2M;I1,10D'$`1[#C).*HG4^HR)Y[:MQ$\I:K2*@"I[S6OPZPRSP(.
M$E3U.(3"=5.G&Q>Q4?(18"GJY4GDV,;:NA_T'TD>A7KD\)AS<6AZ^S]E>$H[
M.:7WY:?@*XY(KU4_1U-H&AQ$UA\,T-)8[`*V613/$?\&2YE,X&XYUA_IIAXZ
M?P-]]XZI,>O^WC`-U%$A!,MFL]LRU4W8C1')X<J=:!P$/K5Y-K(DDU@"CK+`
M[X:``;^.9YL95_\]S%4IGV-55P7[\`P.+BX?MPZN=C@"[M;6W2"0?^W9GR.?
M%!>EYXV%*-I&\3MQZ/FNA*@"+^E2'"3"JJ_.Q#<`+8"'.PE.87=JWE0`]57Q
MDQAIJZ]2)/SNYK8;S/.P>/Z<BQ#)D!K_\09^T*R.U?1VT@ZPUNW*]9A\;TK4
M3FQ;2[])OYL@WR&D;LMT0!@L&K!8*"$23T0QICM:OR@=W,W9T(HYD;#IQ39[
MC@<+K>&2=O>(S.1%19/3S7_1)<9K82N>_#S:P%<%)T<6@*1"J5B']&O1XBFF
M^FR.1S>+5OT'_M:?O,CVWFQG^[N[[V+4RFR>153V^?`M35P;#YL>@!@9.L"P
M#`TR'U$U"1*((SY>L+></3TLY]HZ(PMZ@U0/=`WV,X3=7,)"X9O1A''=B72Q
M"P>:S`:H%#;IH/!I#J[9*+=@`&;%XN$,VZCO'-_="QY,SP(@;2`M<1&_&1<T
M%LF-0)@4P379P\=<)[X86I=)@9)GQ6?U>%8T:8.6(<AG6Z*6HM#/<%3QY.Z"
M\D>4Q<X>"S[4L6V$(D-PYGNOOL6VT$DM`[DAM/5\B*HCDMS>2XD+,#`RTMC'
M/9HXX&]Y&%171/^''>V!<'9Z>'&5":7L[;W8?_-M#*00[MCII]N2X`)EZA;K
M(*:;E6UL<1\MT&12**7S)\`NR3.?T59#F&[9]`A'L95/#C=0D!%%'C\N'^.U
M4J/+BZ0*;O'<*O'<:9.**B'4U>48E=%6&XB_OG3Y0%`LV9%C&(\H0(.@^&"D
M43=<SGAX)3@?'J8P'[+W"&K2%#D;/XYY:U+`!>ZJ@SO3+R2[N'D8WXE')+VK
MHSZ>*D'W":GZ1I!.XG"&6"VMOA-:1<=VQ-=OQ[<PE!"61)1X-F?7A8"&P5OV
M=G=?X/_BO2I[EOMVS89(_._0$_.I=YQ]\UW\57P_[V908.-!;UZ\VMW]-L\@
MCO'ZR_[N?OHEE'AF&SN1L$6\PBD8$U-Y':Z&)>SA+;8-,+`QG#AL#SBT%(C7
MR4-[^V*/95W%3]XF/WGSX@V+U(J?O$M^\OK%VP1^7KY*?D3&E>>ANIN7+Y.?
MY+`CN5Q%6@%+Q+479`XLX94AT\T%=1R22ZGR8'FWA'&K#'3W#45>@MK<Y_`L
M(ML/?%4?9L+-P,G-R%7U2TY.:QJ<C&T1;+Z?&N@^Q#8?P,1?XB4?EY7`*0)Q
M#R>`Y3P)TO=:PKEMS'-Q*]<@O*9MK@2OT#82D)".&!,L?TJ>D_RXA50OTUD-
MC_=H]SGH<;!];(YAYO@(F/7Y]4<DTF"7[&,7L)5Z>-7GZV*4'F>I_`XIV!OB
M+1G)5^":4W*8K#_\%TZ_-"5$/EE.?**/_3S&2Y`V43'=3U::G5IQ?J)]6G)H
MA<B0W^$ZUM`P#<X>_$+H7$?/@Z;6,WUR;K)14KR;K@\?.XYAUL0-YJ_>,@DL
MH#KT#B-A.]9UB_,SA(SUH7N._6'Z3!CD7<WY!A2^[&<6406B;;?J1+2RLHEY
MP0#3XWCY6%@#:MW#$BZB[)O]%[O9#=*]3.8MB4RG-,XX@,O-`62/)V;;X!(>
MHX,=_&>S[.6>Z%6ORI9A_NIU'WDTK2P$^@(2M""=?2JJ/OGIIQ>]%W#<0?,B
M.2SZO[G7W0KY><`$.--\Q$-#]@K^1U-NF21;$(H?+\Z0B8+WF(`2IL7&!(/)
M@OWF_HLD:G."U>?'7"]@1CS8#=+6T(+`OO&4FSCW'S6K5"2IY:;9,O]E,OS"
MW^K9SC%0@+R=09(+@ME)2Z/4I0R7RRPH2D/D2;W[/C*DD64")>A/V0DR%!?/
M]5"924D+(RD5`E-]$$\N*&2(),<!7Q)$XAA3'M&Z+9T9:!H0@UZ"MASTGRJ;
MUNQJZG0'[WLV\;(DARVU2XUH,-\60@(I.61Q?GLQQ7E2&BOM<8-B`N%[>-*7
MU&!]8U.Y"_(SLS;]`A7;!9QZ0;9PE\!A!1QL'@OA4D-X(X&&B]PB1_//U?,$
M=X.Q1TE6EHQ.!)?TJN*4M?!9<1F$N#P*LJURC=5-0A0`<>!J$A"H@.G39(2>
MYR``PR>Y'58JQ%C.3:W95!6SYD_6D,NI%D:Y)'?NU!2)-;C\>7*XN*5CW$Z%
MF>Q$\,""K>,TC`Q!,O8"A(D_7$]/?NM+]C"&7XT@)R?S*^1@XBZ6,;)P?J$9
M:-:L9V-X%T%::0UO0BPQKJZATXFQ8#TQD!34\T"?CM'ROS]='U*.]`T)B;D-
MG-CNA\A?[O\ZFOS9YI;W*7TAB)YQ8DV71$O]K[WDFKLD8@8FK;MLI^ES,7GF
MB4,Y7,Z1.0YG6&]TIQIGJ\QB+WJ*$_66C^BO*=UY>:FA]KM5(/#('6`!)ZM'
M3GXC\UB.Y_<$B^62JNE5"/@B"%M%&)#48+9J@:AG(/X#YO^2IS5]\_0*!OID
M6<P5%BUU9ZXX!Z$W&45]?8*ZA)C(3?8DH')G:`4H].%/62^[7,+I,&BA_59/
MV9&*7;U(4)4,CTV-PZ1ZJH,A^BRRK6P/+!R.S;3CI7H>XXU*JB^"%WNF)P_P
M#JD=DOP@*/+@_9XO'X79W8]GPQWXIJ!LW+J299^$3V74B"7$J45,;1L-U=F)
MX#:0J72>&D-GQ\:B;T?8/[4EJ%J/-\O9W#[W%A@FC_T)6E;)O7/#U>#C?Q:4
M^6`;8UIG6)JWW0)I-6<N:FC8>'7M0!&<L)F*JUJ:CSZ099CDH?N4_9BA;$EK
M1!N5MAQ`$(VFL[:B`.8NW6SZ'[F1#WC*X'?:*-&4@Z7CS58='ZF0"BN55/Y[
M2)^%8@VZ$(0R5,/Y&/JUW$>`R3],H"'32'39&OYE%?W;87_R*PG[X!&!_T&_
M``#NU1RM'L5TS.T\+!LQ\@M^#Q_PP,O=M@VSD(`S[`Q90-\K(=?.EBLGDFHI
M=*EV-]*+5+^\8/_B8EN"7$G\<9`O<?B<?1A-[U"XCL9*R!TPZ2L0CWR7NUZ4
MJ>OGR4*A[".6*)_@#L1YF[ZU5I@D1OT=\G"(*JS4L),E*GC1AL%JH&@#(+/7
M?7=*5F(=.;#`CL6YC;?=`5EJK2.H"C,XA0]H#2(2=F]I+OG%P1SE]:GIO)L(
ME`Z%&+&:-MJ1Z>\`W33PSE6&+:]1(C5GQA(+,!W'E^?N)8R&6W8SNN\_X$F*
M6_A%H?<NPPKFD(727&$0KW][*\9B46\PX%$>8#9<:EMGACLM_:=QUYP?"X#=
M09Z8`%&V]4]03M$-8JH::M+[5UK8%*<E%G[3L+)`S9^@O%GKT\#KX.AY0#(J
M7`?$!LP#%HJ0%\-["$$#WPXQ4.KJ]&[DOBOH<H*73!).(9R$%L1!)AFVAJ7B
M*Y6<B98H0EUA<+?!=#0.$1&B8\PQ<9`0JK7&CVC'#L(LTR^>T*-ZP&^*M7N.
M,F+`CX`N**`0Z(_P.`KYTNRW6V4V7_Q)0`7@7I[',>BGY)>\E^[3W,6R]8LG
MO\%4A+LW7O!<@YO)67.W78YL6_05*?J-+P)ML,+QQ2N(.]KI9,YW'^R0!"9^
M_!0+>I\JP2S>S2V!J>":M&A)K?#*O!Z`(I_*:I]XG@XVM__65"35+)T[&<.'
MPTZ`7B*"]\,=ZKM&@[+\QZ>&B==+28P\5-<W>.!R`A417`%,8O9E##XQ1R&X
MR*&8PKXEZ_#K6:$1#T,D;`SZFE1(GH^C+]D_I[-?T\0*Q_QDBH!_ZEA1M#Y#
MIFSR]^O1;]#G4E]S_;^!0>&-C-20<[031R1[DAQP.9I,YL\/G_M5&_T9Y9O@
M'`NPI=1"ETMH]%/H-X-I<@RZZ>-A!C8!\>BWQYW\Z*.)$C54+C0IOD8IDNH&
MFII*(X/TXNB]WDS/*MG15DC]);]#2[Q^AM(%\C]$"L5VH'WE5`S'2(<9/G&9
M.B^8=WJHB@:F8+R%BD80ASSWMIHSJ@^LIL&.H;0`(4/JKQK]$ZF3-_D6D?O"
MCC;.#?N?\2VK_1CQH(8G\`$^3JJ57HUS(`.(VH4JMUB<>@?]4?M@,W9CZRYQ
MOIQ`GO.]KD](>C*>;U\XO!;X\!G;5O==@;OBE,U/4VX`'7EJQ'8&-W7WU:9M
M#ON/2-1#7/4$\99NH?\132A@+ATA@M8=X9':Z`'^$=R#ZF%7J%9&A!=I+J0)
M5/=D[:],UZ"K$$ESM+5N8\YD7O&V-Z?%'FT+B=?:\+68W9#$_I<V)]Y\9;H]
MT,21ZT\T:+&9==CCA[E)IC^+!""\#/#:D^?0);DF%K18/B$$`D\:0K'8BNU)
M9Y\>"-J8V,]76@-R&#XW:7FYN27@8L8B&IVU&U@3ZAGX*!-ZI0*QDSE/;5Z+
MNKEA^FH#.3PNHR*1'N8A+'TDS3[`&?(9%;A/X@&GB0:3^$&?H1$+>/H`PU9"
M-GB_#!V5"AY-M]I`G='(G)GLH),=&W_BR$<SA"P1R=EF_OD0:3B83GN]&7L<
MO)++SA=(Q4'PJ]S1Z!;!PWFTN+<!-J,&>B.P0Q@L>'"":0OH2L-Y8)",^GB:
MYU]++#\<J]L65H!]WV?N;K0BA]3)RCG,Q,PDB`;3`@?NB!N\TI?Y#R21GKY9
M@I)A<0]+&CN/3C.)UC.-U;$&)"IZL2`O[DZJZQZR.W?KT_/"?>#=:,A.>&+T
M'F@7J''$2%:0=+"GZ?1!W#TX#H0JY34EGYX%)RNZ&J,8T1"C\0D!=;_B(SP_
M>G5B^N=\IP@:3IDA!2Q+"E6V>'Z2E[Z.CB]PDKJH.$F0I@(?'_PR<R3#D`CX
M7!*.@6`SJ=%ZG[@2'J)D@YM;OI7WA;SH%LDI^`;KN[@`2858V?&]D\;_5O5@
MP+_S^9$%HB45=/K-ZQ<O7;87Y\,?7KL_P*JU&P!T8QM3<CDLNAC"*(+,0O:7
MT#+3ZTD?-)[9S>KAN>3\;%:>,]W*`[A703LIYU71CG62X!6)UP/LI^=/7?WM
M8"[X<UYB>DO*!`)!>_46C'?:&>\B3":9";BZA-/N(GA4%GXR_/4:UJQNH<0'
M&&[../`T2"5"`5_#4CLSGDJL=*2>2EVZ*&/\805SQ<,2W?Y[_]E_?/KOR^S@
MX+]"U>T")#6'A<+.A.A,QFQ*Y^.R45LR`2L#DJOMDXK[-R!1-Q92SJVZ4_JS
M*%!>])9-_B<D&AR\9+I4I'2ZJ0_"!2%DA!L88YCOC,W237\LKE+-U1NN<37*
MSA;I0(;Z,J!=N;L&!Z[<998%P.WC.985'>)8=F-P$YF&AK<7AV"<;.NYRG7S
MB5@E0:J,.;*7-I*D\:QM$(/)-/(_$<&HS-!F?;QU[A:H-MS"6^!OZ)6^%BNN
M9LZ)\!#5*;0W;!.BP>O2+[*7NY*ENA_34I/%JAKJ(<F*E29DO^"@XE9_=NF)
MH#F6#,5KYK_1A&B@3A-0W36#B$%X/_[6>F@1`0_6G;@V66S@D<W1(RK^D*]2
M#FI!<^XA=WGB>:Z@:T#.`%ZJ2;A\*&]Z)L^7)K\@5/%K@%`3FZ=O;2D/`'._
M)-MX!3]BT'^"<5G(LF?P(%JX,$EQ(V`[UG??,T5J0J?!9%#7N8LTY_%<4%Y$
MM)K?_Z+."LYB:G320"7>42DP9]@ZTY-T18+B$A+-A?._)MFL[6#LC@N[S)VT
M*R9)3>&Q;0X,=,C:)3!L-ILM]C(HIT#JAGJL_2$JID@?B@NH$B1I_#<T4SXL
M.1Z.H8850Y6E2+(G50^]WIZR*P,?-:-5H@N@!S_U<V81\[@N'Z!$MF(F2`:5
M+JPFZ5)F8#C"9F=7\0J+.11QL3`/L#+92Y4X8.9?4)J8SL(_`MZ8B.S*8IW8
M%S/-6'?\\4>\*NYYS3S/&*%&;4Q)@V=\'Z;/#!&'$,4S_:2'J!5!BR]3C>I4
MCV)]8X-QM].EIG86;G%NT5O29&E,SIZP20^*@?J'7D^0H)IG.W,]_N]?[>YM
M(9\B15PA\B"-<QS7(`U/RO<7@_MX1;HY#%/@JH8`4^M$HX5$F\+HZ^D@E&G+
M`4>K4/4`(E(+.?;BS?"RC':T8?M12+,'/EY.4S$<9VJ;L@/M'UZ1T'G:NQ#;
MX>,_\`^88V+"0?-!,#U?=@+Q"OI$^!)VRG0`H\D?2`SQQ9-F5X`>I($Q5-`!
MP],H)(N']C@7<N0ENZE/:)%O]QO]*?/B8-\MUJRP'2K^\=07CQ-<4ZC08#))
M&E,E<+*44AILD:2)FQAMULI7,%7(B7SC=E;_E,7>Y3A4%<GP!`8>'Q$>[).B
M0VRNO`#DH)8U:2)!;L]@^&!6N=0Q.3J#;EBX4FL6XTT`GW\/OP'2Q?)[M<V*
M228%9I%;V]XUR,,#*:T][S]G2N#[3!B:#,7Q8X>5P]!N;U,&C^DE,!1:L\T4
MN+"X0*\P']M!#$T"G%[R&)2FDUL3BC>G-H27"'(05PEOC6YK&:98\'8N/3"Y
M&-N:V5]`U>KS(4!^.QK33U,XS)"9A&+)9I=F6Z8HH9`+@=@2$JCT`9Z<W>3P
M(W<LT\L>[R:78Y];N.PI:*2A0&CC7D%LWV@S=-,["::SD4;BMH$?K=B`P2"]
M5*29+*L?;+[&_@^E;5S5N!*:4QX&UN%=$?'FDC02Z,8ILO&"!H:)$32&7U*_
M"ZFH=$,-,U`J033Y82D07S?+-`F7(+>59,4D@SXQVA&\2Y04ROA7'+T>FD6:
MJ;9H[VLIIJLA)@PU>-S;;8;(2W@JIS.D=$-6'R*:C6?058#:`\):?T=VB04H
M;5<)<5VS/T%!BXE/"R5CGL!#QUTX4([*0I'J?!;,0U7CQM4V0?@2L=MX=,/T
M3+'/E8$W8Z_`OBH[\?WZH.I+^P]5SVW_'?*DR$!'8-UM88UV#X%(I6.U?5<<
M7WAKDD=77M+GM2UAV'2(^Y,O/;'X/&IG"'9=_ZU1"Z5I!^BEXML(MR64510&
MCK)DLS$T)U8EK6SDD_BTH`2WGR3:4;#W]G.9O93@L?U<%907@DSO2KALCBI#
M)E).B;V$!;2M;`">:*2A(X#U;[#`)9HO@CV$PD+L,>9GJ5E!GSJXR!5SC2LS
MQ3WY.G,CV$1,(@4&<.4ZU8LA"U<.O0[R;`TT\W\RN14;"`#-W<]X>J.0N';Q
M"86D`$5^URT6;#E3!69\\`:A(.B[<U15_-1_6"+7O?'V&\]1`<<WKU[L[N]\
M\_KMB[?^C=X8STH68,56YL0(-$[,]M^5=W(RYUKW7L`WK]^]>/=JYYNWNR_>
MO4FJ/U9Q<%2"9P;*7A\P]&ROA+`"*Z[CC1D`7SE-N/6,4$,:H=ZL]-JNM)?0
MN8UW(3AIAQ`NU0A3#*5`9X9WP"H3I6[(&!D'\/`,Q\Q3@)]'V!*4JF1];6[T
M7&ZZL1+*;#SP2*AO8EJ'DC8&H0SR([B%EB;7[@+YJ'U>,3+=8\(*KEC\J)[K
MZBQ@4XHH:ETBX*KZ#+`CS9^AT*._BOH]L;:;P;=\H)<56122,BFFBWDBJ\0M
MS0"8AF*R+48KO@M<$I@F=**8N$^,,-U'0>++7@IVKT68`[K1MG]&MD&)1^23
M=;T7=&,--]#!<LVT#\2-430Y8A=68Y/+E?3QMHN9"[Y)TPU--C%?_\@.>N?`
M4\_4(T'>Z*M_,2I`)W3@T8F%&,>MMGU0'MPFHO?#:V1331;WJ+"#M"WX]-[_
M/VWGT]O&#43QKZ)##@Y@I4$:-+<"DERC`IPTB)W>76N1&+$K0U)BY]OW]V:&
MRS45KE9R<Y66_X9#SG#XYK'YY\7HI05[7KXIN_!N^8T_G0OP=?DG3%?MG[^6
M?X)Y2$'2;>+*F5Y'D@?MH^F[!NB0(?%]6G)E:Q<B+_BZ`AUCZQ:!BW7H*IYD
M4S!B=-O@=6R-/@O62[J>12BK;*7R<<?1KI?PD1KZ00X/*`%HJJR;[9Y6%IYJ
M$!^N%W)\`IU<?H(J[]R"XILV4*N;\NWDH_25SI5E*Q$J*'_.XHAIS!!JNY[*
MM\5#0!"Q/^=<UN0=VI2,\N^ZER#T?<N;6`'EL0'90=.^K??3YSA7!9U--Z07
M\>0=Y05`@M=(,1S7LX@.:IWVJ,+I)6ZL%T"1NWVX:Q>W]6]'\_"UH-:+"&U8
M47%FEJ72;N0,-VPC12O`T<!.W=KUG)"%9?D.AR?4LR+H%,9B"<1J:Q?F_S=L
MBHETM?7OO8LUU>V<`K(PRE!^!%G+SA7+/19M6N_EUP"M7N_?OX__MHFB0D4I
M;,>SX^U*5&1HRHNX^REY[0365EOV/2W+)$6:Y2=8"KB.Q=!R89+^*4M.]:%O
M#NF3/0J_>DII>\7QZUVJHNWB\/:'OO8[X_[@$S=`P.,NR,Z79Y41.I._9O/=
MCI,'A?%,6"#I,>''+DQ0>X$WDMD"NN"9!J7`%0P/7+137)D'I(P?7:>?GCLE
M19J+LC3!*4..7QFE#2`1@VR"@>5RN[_D4%F=-+!`@.[$Y92L\&(>#2?`2(-D
MYM@ZRZ&-.K!FEMXJF;?S78YQ/PFA+0>V,UR6A[?Q(?#)6'1822R#)J6I[^.<
MA2O]78#F4EQ$/H+\4F#@%6F!=SW7N#G^T3SPA*W\"SRBALX9(KNL'*Q(^Q_7
M\@]B.=8ES`\3A7/=!KPV[C=K1&[PDBPWL#WX<V"<C1V.?;)L3K[L=0"Q92@5
M9,&"8KF$IMY'8F>7]VMHY_9LH7[L\_4/,($+)B(^-U$]DC9.XW(@611P.(CU
M`S<@4%R*R#</O"ALZ=YE04]A6W'7=D\SLKWE%YEKQRHD']U3G3'2-CN)BQ2G
M9=M<&Y`,??'+IBWIM.F1\W$8,P?%'_FNP#99">8%914N2P?.Q4U^OK[M_"[4
M4G=A,+?'LKQ*+1-XYN1R0_YM#[[!%[S"U?>P>7S&(4/U52O-X8.`#<")6G]N
MFDTIO(D_QL7FAFJM@>_A(<G%GO]1-Y$^B#98E<R\2Z:V46<3/OG&?JIQC=EP
MQN=D%%1WOD&%V(P,K-UZ-SIWYIP>J&X-/?BDCJF-<S]_$(C5R1)1<;1')<D8
M7@`9=:Z"IS:2MN#<_?HT#!5..D60Q3N`,OR<&/-FK.,,P<'!$S6LE,S&`?KF
M!)RY.V)0L;>ZJWHC7LSN^JI-2_>;R69TJC=>_7292AS8Y3^;FP5YY..WB0ZZ
M4U__?!S88,K*`D)U]84%W&EOJ)X0OZGFD>U80S^I]901+.S:S^^!;*TN3UC3
M[7BFCZ7YP]WS"2(?FA?X?[<;.[C68I)Q4IBRJ6P!YZ,CQ=RPT^C7-(R*O<TX
M)+?%UWW=G^BZXTNSDCUG"_?L,:X0<^GL^PR^>#;E9Z]^*[N/GXEIMQ..F.3V
M'*4%G-RN82'WR>7)DIH[:VZNZICDZ(CN]]GTBN!S/3J1H+.=\U<T=234]_/=
M1[AN"V/9_YC;HHE+TL8@`;G'W]SA];Q?+:^:!G#CJ2A[9-G7X$"`7GGRWWL"
M%HF.WIQ99:!I%*Z.G<VXG,7'/3UZ9XSD!,9SGW-:2>[];@DDXHZ2V+*ELR#C
M_&:A*Q3+1WE1U9^+E:#Y2L!,!;@#[7_4P\(@$<Q>,Q+/#A2&O*:DJ,W;R2RW
MP'37>V35F[5-=)W'H[.S6;5RL:M%FNQ$`>`U<T9?!HVBMR,=H\I4ZPB==SU@
MJ[RNJ.TD2$.HJ>TAEC!"17W#)&[QG8/8ZHM24CC`A:[=1<5`Y'(R8]R;7^<T
ML\S[5U>YOT?CT5$GF6ZW6IW8<2Z.X67%GK.$\IK6;YTXF+*<X^0+0XO<2%#*
MJG1MY*Y_^0_!\4[F3AP/4M6T3<E<Y)?U>O/[?P```/__`P!02P,$%``&``@`
M```A`#^>=M=1$P``^.\```T```!X;"]S='EL97,N>&UL[%UM;^/&$?Y>H/]!
M4-JB`7JG=]NZV"YBWZD](+T&N2L:H"D*6J)LYOBB2M3%3M'_WEF^SGJYY'"U
MRV72Y!!8HL799Y^9>79V2,J7?WP,_,$G=W_PHO!J.'DY'@[<<!UMO/#^:OBW
M#ZL7%\/!(7;"C>-'H7LU?'(/PS]>__I7EX?XR7??/[AN/``3X>%J^!#'NU>C
MT6']X`;.X66T<T/XS3;:!TX,;_?WH\-N[SJ;`SLI\$?3\?AL%#A>.$PMO`K6
M%".!L_]XW+U81\'.B;T[S_?BI\36<!"L7[V]#Z.]<^<#U,?)W%GGMI,W@OG`
M6^^C0[2-7X*Y4;3=>FM71+D<+4=@Z?HR/`:K(#X,UM$QC*^&T^+0(/W-V\W5
M\&PX2*=\&VT`Q._^?8SB+WZ3_OCL#Y]]-O[7YU_\XQMW\\_O?B_^[KO/AZ-\
M&&03?%!O\^6XUBS\.K4\RF9P?;F-PG(BBS.8"3MR?7GX<?#)\2$2)@S).O*C
M_2`&A\)4DB.A$[CI)VX=W[O;>^QC6R?P_*?T\)0=2&(@^US@@4?8P5$Z0K?C
MW#$T^9PN&`QN3C-V!,\I@"DY[&#]G)SO*^;$C;5H'NL4_KBQDEG4STO;6&)<
M"!R>,E;A*S3._O[N:KA:@5Q,QF-&*W:8H<&6MV,8K[/!SA:=S6RVFJW.M<Z,
MBT71;VS`V4HGE0T#KKX\?]T9G?H'D\TND^&N,H`EG%X6/4C=FOP^7[%_7<1)
MQPN:5H]!K19_Z7OW8;K<'HX[*-[6>V\7,^:JZ#4Q6RY&D_EQRT\B`J5*?_`"
M]S!XY_XP^"8*G)`!Q<MK\FFN.F#FN6C1/T3!E'[3AI$?L9_UH\>NO7B)RIAB
M&19U0<G!51[0.89I^QQ1+*;3%-`Y!38$+>%1::L30,ZA8?/GUNDS&>B&$Y86
M(!.D%"8BI`.A,!0E-/ZL#FXZ_4Q&?RXAR9;#ID0:`F!X?K3H-#PW8W5`3M[2
MS`)`(\_0X&SQ[L7\C'F/S1`O;L8&*F@T)53Y`).D?:EU+U.81IV1ZBU9ZRJZ
M,$U;VS5U;,7!)JOY\OPU2^%.]WQOPP=W[R7[7F'WF%-SKC]BDK$.L(7U?+^X
M%C";LQ8Z'+F^A,L2L;L/5_!FD+W^\+2#!GH(5U`82:/T<PV?OM\[3Y-I4E;1
M3CA$OK=A*.YOD[9]5N7=GKU9W;Y)QD7(J"@D1E>KVW,#1M_<+&_U([U=)@H_
MTCC]Z0K^:4;ZY8+]TVQT!?_=:N,TTZVY+I"%O4'LL2MJXY?GR^7R8G)V<7&Q
MG,\F\WE"\ET6T5ZX<1]==I%-&TTB@@4@6,XNEF=3`#*>7R1#=8I@!@#.%XN+
MQ60YG</_R<)A'H%N3A=#VUY%""QY%2&PY-5D9Z!#^K),@>O;EG,5(;#D583`
MDE>3;H1&KYY;]RI"8,FK"($EKR9M'HU>A?M&+.<J0F#)JPB!):]J*SXS!5Y:
M]RI"8,FK"$'77LVV5:RP7JU8(2Q69O+Z.-G)P=[Q+MIOX+IM?B?9Y!SV;>FQ
MZTO?W<9@=N_=/["?<;1C@T1Q#+>H75]N/.<^"AT?7H[R,_*?-6?"37QPO][5
M,'[PUA]A,*[%D>)-AS`U0J%$<U;AS\_GX_/Y8GJ6;J(T#1VX&^\8B+,KQJZ,
M%:"1<=L\<<1A6`R2A4-Y\\*(>2%S'_&,Q-6)IXDG0$SD(4$\0\<<RQMYJ'-$
M9]#FB$X@SA&=09TCI$Y5<N5,;J(CW#_ZW,&KU<5XG-ZI0!VGWB`"7A$QU2#0
M.2*?C:=4,-IX3MNY@KX(N7$S9?^2GD'%3!O.$.?9<$+%+!O.H,Z1CYO<NYSQ
MHIW`Y+D"R3.^N8^KP8"!TA-S/,]$,-,G=L]&>C<76>ZJI]MHOF+6C>>H39T\
M8P0))M5N!549)#_GF;=UNZ+1_"GS%N*J<;33G-AH'DU&"[]9]03%V-KU_?>L
M//IV6U1DT'B\OGS<HIOPX<D(=NLZN\>?O83N?O8RK;[2-\":[*2I]*2!L]OY
M3^^.P9V[7R6/2R1#)$?9583RW4U2-I;ODQL!`S=IG0Y3,U_OH]A=Q\GC',F5
M&AF>F03/)#-$P7/*^'/)^,`3F8]3QH?67*43@1>KXT-PD<?7&0_LP94LJ,$%
M.*CK\.A$``V8'`$XP08"]J!-Q@&$IPT$L+'-$4"`E@@`3DU4G)('<&-8,23$
M0#DDC&]J2-"8?);<D`9G*9-?&+]FEBM.?D^B&>DM!'I),[RI`7#2D#*)M24Q
MR.V0:24%\*:&@A6LNGJ6O(E,\ZT1@D07,)2,@`S4,:(O*I'FPI@E@'I&;C36
M(2@HF!39A@!PK$!`CH";D.QCL+0"XVBPM`1C"-P:W&%.X&C@5DA+&`"/E:PH
MZX0)MV)T2`."8$LA431,;4DDQF!+(TM73&U))()@2R&Q)VQ)),9@2R.1*VQ)
M)((`C%A12.P)6Q*),=C2R-(5,UL2B2#84DCDB9EAB1SAMFG:1$7]T^F"W1`M
MZSV"A_+]_W-G/6X;.ZD3V:X);.6GI]NG=.L(SD@V4V@O/0%P#GN*FC5/!P_1
MWOL1=IGLBT_6<,#=#]EWXL3>&A_Y8>_L/KB/L!=-+P,^;D^:8`.F<GQH?`\'
M;0;7SL\)6`B>;B"B<>;)KKZQ,_\L,OCN=F.$-()@W1W;&%A:V,;`_)UAT!Z&
MFM(45LD<(CDZ=8<+IHGAR9K.<)@K(I34K#%6T>!D`J3:V>UH5I4(QQ^[D:&E
M*D-EI-7/I\%A&\D^P0$)[A,<*)YZ!(?L*VF:XF#)2YPVJ3NMN9:@I%+&`+$F
M<AVBFZQWW;CF&T/8`)#DP_;Z(_6@$<)TX@-/]<*ALBQD_7H>8'<Q5G-%BX>T
M@JJ,[5P:JFT<].U]:)BA]H"F)K>*/8.C(NLRAPD211*EY%[-=E6140<IX)$1
M(HID9SEN&)("25*GB2SQLJ/$F5:`L$^OTT4E@#H3;R(`5(+4>\X4`$KS`$I3
MWJ=*E&GUHAY("B1U6^6I<-8M0H4U6K;3@:_$?A9G&L1-B4%9T2<6HAH0*C#8
MLZ)+1I=0Y/!LD4J>]NQ,?ND#U5PXF4*2]:CQPNXSZ!,<=IE!9Z_8S'9/2"S%
M5!JP+WQ)MZWP8,6H[H);QW'3`IFL;/F%),9,=JUHBBY<P^&[I$?'+@3W9]&5
M(A0<R2\C2L5H^V5%SJ`)?$IE2\\6/AF<OE11,GP-_B1I+75G@2YK3\EXJB^6
M\EG1.4JQ-4&!J92\5'+!D87^R<@58?,\=@608:TJ/,1D,8J($H\BI)^&IX6K
M"'8\+<USL375(4"2X^%#?".H3XZ79I">7A&Q8L`W2[4H&8P1J51(2$NQWG1H
MI`A-)+E6#G54%RJ`9.DAX"%5#BH(6J2#!N$CYBNCI7&/)'"D`9\2@](JQD38
M*S`HP]=`("GDVL-A-ZI7%E5VX,@;\R:\1XXOO/++&LMB:6)LP5(H[I&;9S";
MNZ*Y(?HY>;#7\$T:N,!KPL/=-++J`IV4K(E0)_%XE/8=[9,6X8.7I2_%78<2
M('):,!SYPB"[8@6?X>MA?ET@R9I60"))/*+N*$,K`9\#%6%6DP1*@-L''5XI
M>+@-+N93A.3P]NA8*&:]@29P[17DU/AK0E3C7!)=*OBDA%5T>SC&.@HW7`GP
M_%4`K"'P_P&NBO_E]T^9J+0T)G2%?I\>GRH,RC-(9/!TA$0&N=Z*K%05!)M2
MJ9*4B(B249<7#@@DG^<"2GZ=5EA6]'I9Q'>ZEU40XDSF&12W)'44*BFE$F!4
M*_*`14IKE)T4D'KQ=;#T:`;<T(WDD\AL!,BDB0\!4=XIXJ1A'CJE2YR$O<0C
M]2Z$%8M"NE*X4'L7%-B"7%!0DV2#BA(0V%C(%&)5JKE-=[=H2"TE34-U`;!\
M5S2LFG++:%0B?[.7L.!7?`'OLX8'*>`4/-HI0>WQP5\C)!+$:Z-.NB@B(J[I
M%!7I*LIP<<>G`=!;UU@S"I#$JP#0.J]<!2(+SP[C04D79;@A.NKB06=:(17$
M74$^/B%&ZO`HQ:>""C&L53+=M#=2PJ=0-LQD3P:(<<CKI!)`!0([Q:>2$7(&
MA:I6`X-:$>K(615`^/(;G[6":&N@K'W029-6(*RC+)`3UA.9@U"OE#F!,-Z?
MAE8%*5TZX*@$/.LQ](D?:>W>DW`R29?*(JG[^ZE.>^9HAJ[<0D3?E7O3AOCN
M2*WFL@?8C.R=V\N[%%\#?8;4RB@<%;4R"HB:?DP"LFLT=#R4+1[)BU24$#&-
M*(U4TEH!FE!]<N!1'"WNEBB>5I*[WA.K`%"Z8.@0/+*C4:Y(`1G)%;T(36Q1
M5!#25=%<S4W*72'(>I6[;`I5#1H!M3D646+,^]5>D\+I2R4GHZOO^'Z&T45=
ME[!FR-PGT$.1#&.%G0RED<5*)XUB%E!X[*QLDO)JHG%*Y94BQNQ"CJV+"Y3T
MZ7FY+/4[S$T[K5K];@*@0O]"VKXSD3@:\0FR;K>F$N61QZ,DA.12GI3(`F,_
M#0$WD2=D8I&"RV]?$(C5X/KVF2+'9R*3E1B4]IK[XF/F[JH-G'ACF5(^MW>J
M84`*"YH\S!KNSU5B3`'@O%\76(Q^D]KWQT/L;9_:?4>TX9C2JPQ0GF@OX]JG
MH?0B,/NC/-KQ*02]'*#%[04+M/S1&*GTF\"GE<#^KYXF8I"<Q:CTE`>A@+!/
MI:<<MHG8U$NL@+!/Q,ZE26\BI]JK>K?XR(Y'LMDM0@79E`*$2=2MBZ3^JD:/
MZH"CDQZK[5Y2@/5E2R:-,+$QJ6';3?4Q6O7D``65LR[.%-A"JE!0D_)9*[E"
M?%)@=K4'Q9ODIF="^:A=0?NA_+M22GC;RR83A*SMT8CV='S4,$`R995/!;Q2
M0H7DXOVM-8U(_(F`3GU,78&N&O>VPJ>4+E2\2#MK\"K)$A\$1F>!@@(_U<BG
M?2O223';7I/ZC:Y-!&@7>&K$(E^SE]4*+W9M3U?X]M[N%I_*5NRG]B5.T'*1
M>%PH2[4':'O_R_/)FA:Q+=HV;U\B-N'P7?F4A$"F]3*4A%M@E0*;I/14<2+!
M%+?)%)Q&%U!)&<!'A2"JUF&C8&8OJ]<"N)GF6=/F]+5`26M1X[!_E8F\7RRX
MG5=6HW&)'#R3?5TZ?.:9?[EBGY3?[;4=W_C;/V_V&UU-U2&L/'RP:=A3D%.7
MIN5"=E@711INI2U=5[DN%W,Q/BR)N;1V$I<;3HZ4*&PO3[CT!#;ORMI.N+C&
M9]C/$A^U?$/+#=8HGD`Q!&TX6/Z]+OW`-Y<E")!Y\G)-UG#DT(7LIFH=@)1N
M69I"*N8U*Q=B.A"1*>*^<XF,B++*D2HO,D[D2JFX=4H<WC/)>!,OYU&(4])@
MJL:18/>OJL'N1QLI.%RN;9VZ'P-"[C>]%U#)%[P;X`@3[P#64`PH!&(+@-;S
M!_D=P^;]+N8]3ZR&?4S[FM`J7)6X7:"\XN,6WM45$4H">BK"9Q$@2*CV"%`!
MC,LR'G`#I7S$&EO:C?[A>R7"9&6C$>TD)C5;`+,F/DYJ/D>$`.R3=,JW5R;V
MSV3'X]X)L$FKSJMYE:;(#WMG]\%]C-D-,95_L1Y7Y.Q6_%-0\*(CQ82_;BLG
MZY.[C[VU`S?NY$>:D;-DR0*S2_I&:]?WO]T>KB_9B_?QD^\>!NOH&`+)\^D0
M'1Z$3N!>#:?CWPY>#+Y<LYD5><*TY^[H^;$7LB^-9COL-3R*$@4WZ<',8<40
M%;:*O?<4RFQL"XAI:ZOHT+&_.8EMP:-`;6T5236#V2);0$YK6[`HIVLO^UY/
M;`M"M2TN."6SQ7._('(_K_+C%$Y&N-B4*;BPK=*/P!RV!5-N:ZOT(S@.VX(I
MM[55^A$0(EMS&*2MK=*/X`5L"\*MK:W"CW.>^P61^[-*/_*Q.B/&*K95^I&/
MU1DQ5K&MTH]\K+(I4_C"MDH_@E7,/?RBK:W2C[Q.L$<&V]HJ_<ASOR!R_UQ1
M^8AGUQ@IB%(KI>_@%>*(E:UT*Z77^"AGEQ/I5DI_\?'-OF**;J7T%-A#,YK#
M+^A6"A_->';9+=L4*S?.)E==/F#8.D,Q<.OXZZ/OQ%X4YH98,8PF-"6&R^V#
MN_XXN(4UNS#$YP-;1BF0WCSN?"=TXFC_-&"U56&.=_J":.Y/451PQ%M@K4<*
MH#^[SL8+[P?`2[K`\3',RKHV9HI<X.F9$#V6HX&S4S1\_$V(2I&;@;-3,[RH
MLOJ),JFWX>Y8>(C74K9T4TQ\Y84?W0T?.3S#;(-!L?3./<9[IX@_/J6F1&+>
M1?N@M,%+Q)@5^<]KQG=1[.8DLG(?Y0[;@E"`__48(QK96<@(>SZ;8N2#%_LE
M$,X$@T4R$<7EU%E`8AA$&W]W]B'+%BYUG\6H9$9)Z9]6_->7F\=M4?<GO,?.
MG>_R^P$@:N-NG:,??RA^>34L7__%W7C'`((I^]37WJ<H3DQ<#<O77WGW#S%D
M,?@6Y.:K0YS\'!SWWM7P/V]NSI>OWZRF+R[&-Q<OYC-W\6*YN'G]8C&_O7G]
M>K4<3\>W_P7W!WYX>/4XF5\-'^)X]VHT.JP?W,`YO`R\]3XZ1-OXY3H*1M%V
MZZW=T6&W!U$Y/+AN'/BCZ7B\'"U'@>.%L+\!(Z\./GQJGTTV`_^^/'8U1&]2
M^,GV$^!?7X[R28P.;//TG@UR_3\!````__\#`%!+`P04``8`"````"$`^V*E
M;90&``"G&P``$P```'AL+W1H96UE+W1H96UE,2YX;6SL64]OVS84OP_8=R!T
M;VTGMAL'=8K8L9NM31O$;H<>:9F66%.B0-))?1O:XX`!P[IAEP&[[3!L*]`"
MNW2?)EN'K0/Z%?9(2K(8RTO2!AO6U8=$(G]\_]_C(W7UVH.(H4,B).5QVZM=
MKGJ(Q#X?TSAH>W>&_4L;'I(*QV/,>$S:WIQ([]K6^^]=Q9LJ)!%!L#Z6F[CM
MA4HEFY6*]&$8R\L\(3',3;B(L()7$53&`A\!W8A5UJK59B7"-/90C",@>WLR
MH3Y!0TW2V\J(]QB\QDKJ`9^)@29-G!4&.Y[6-$+.99<)=(A9VP,^8WXT)`^4
MAQB6"B;:7M7\O,K6U0K>3!<QM6)M85W?_-)UZ8+Q=,WP%,$H9UKKUUM7=G+Z
M!L#4,J[7ZW5[M9R>`6#?!TVM+$6:]?Y&K9/1+(#LXS+M;K51K;OX`OWU)9E;
MG4ZGT4IEL40-R#[6E_`;U69]>\W!&Y#%-Y;P]<YVM]MT\`9D\<TE?/]*JUEW
M\084,AI/E]#:H?U^2CV'3#C;+85O`'RCFL(7*(B&/+HTBPF/U:I8B_!]+OH`
MT$"&%8V1FB=D@GV(XBZ.1H)BS0!O$ER8L4.^7!K2O)#T!4U4V_LPP9`1"WJO
MGG__ZOE3].KYD^.'SXX?_G3\Z-'QPQ\M+6?A+HZ#XL*7WW[VY]<?HS^>?O/R
M\1?E>%G$__K#)[_\_'DY$#)H(=&++Y_\]NS)BZ\^_?V[QR7P;8%'1?B01D2B
M6^0('?`(=#.&<24G(W&^%<,04V<%#H%V">F>"AW@K3EF9;@.<8UW5T#Q*`->
MG]UW9!V$8J9H"><;8>0`]SAG'2Y*#7!#\RI8>#B+@W+F8E;$'6!\6,:[BV/'
MM;U9`E4S"TK']MV0.&+N,QPK')"8**3G^)20$NWN4>K8=8_Z@DL^4>@>11U,
M2TTRI",GD!:+=FD$?IF7Z0RN=FRS=Q=U."O3>H<<NDA(",Q*A!\2YICQ.IXI
M')61'.*(%0U^$ZNP3,C!7/A%7$\J\'1`&$>],9&R;,UM`?H6G'X#0[TJ=?L>
MFT<N4B@Z+:-Y$W->1.[P:3?$45*&'=`X+&(_D%,(48SVN2J#[W$W0_0[^`''
M*]U]EQ+'W:<7@CLT<$1:!(B>F8D27UXGW(G?P9Q-,#%5!DJZ4ZDC&O]=V684
MZK;E\*YLM[UMV,3*DF?W1+%>A?L/EN@=/(OW"63%\A;UKD*_J]#>6U^A5^7R
MQ=?E12F&*JT;$MMKF\X[6MEX3RAC`S5GY*8TO;>$#6C<AT&]SAPZ27X02T)X
MU)D,#!Q<(+!9@P17'U$5#D*<0-]>\S210*:D`XD2+N&\:(9+:6L\]/[*GC8;
M^AQB*X?$:H^/[?"Z'LZ.&SD9(U5@SK09HW5-X*S,UJ^D1$&WUV%6TT*=F5O-
MB&:*HL,M5UF;V)S+P>2Y:C"86Q,Z&P3]$%BY"<=^S1K..YB1L;:[]5'F%N.%
MBW21#/&8I#[2>B_[J&:<E,7*DB):#QL,^NQXBM4*W%J:[!MP.XN3BNSJ*]AE
MWGL3+V41O/`24#N9CBPN)B>+T5';:S76&A[R<=+V)G!4AL<H`:]+W4QB%L!]
MDZ^$#?M3D]ED^<*;K4PQ-PEJ</MA[;ZDL%,'$B'5#I:A#0TSE88`BS4G*_]:
M`\QZ40J45*.S2;&^`<'PKTD!=G1=2R83XJNBLPLCVG;V-2VE?*:(&(3C(S1B
M,W&`P?TZ5$&?,95PXV$J@GZ!ZSEM;3/E%N<TZ8J78@9GQS%+0IR66YVB629;
MN"E(N0SFK2`>Z%8JNU'N_*J8E+\@58IA_#]31>\G<`6Q/M8>\.%V6&"D,Z7M
M<:%"#E4H":G?%]`XF-H!T0)7O#`-005WU.:_((?ZO\TY2\.D-9PDU0$-D*"P
M'ZE0$+(/9<E$WRG$:NG>94FRE)")J(*X,K%BC\@A84-=`YMZ;_=0"*%NJDE:
M!@SN9/RY[VD&C0+=Y!3SS:ED^=YK<^"?[GQL,H-2;ATV#4UF_US$O#U8[*IV
MO5F>[;U%1?3$HLVJ9UD!S`I;02M-^]<4X9Q;K:U82QJO-3+AP(O+&L-@WA`E
M<)&$]!_8_ZCPF?W@H3?4(3^`VHK@^X4F!F$#47W)-AY(%T@[.(+&R0[:8-*D
MK&G3UDE;+=NL+[C3S?F>,+:6["S^/J>Q\^;,9>?DXD4:.[6P8VL[MM+4X-F3
M*0I#D^P@8QQCOI05/V;QT7UP]`Y\-I@Q)4TPP:<J@:&''I@\@.2W',W2K;\`
M``#__P,`4$L#!!0`!@`(````(0"G?_*/^@,``.`,```:````>&PO=V]R:W-H
M965T<R]S:&5E=#$R,BYX;6R,5UV/ZC80?:_4_Q#E'1(G)"P(N+HDVO9*K515
M_7@.P4"T28QBL^S]]QU[0N)Q6/6^`)ES/#X^'D_,YLM'4WOOO).5:+<^FX>^
MQ]M2'*OVO/7__NMU]N)[4A7ML:A%R[?^=R[]+[N??]K<1?<F+YPK#S*T<NM?
ME+JN@T"6%]X4<BZNO`7D)+JF4/#8G0-Y[7AQ-(.:.HC",`V:HFI]S+#N?B2'
M.)VJDN>BO#6\59BDXW6A0+^\5%?YR-:4/Y*N*;JWVW56BN8**0Y57:GO)JGO
M->7ZV[D577&H8=T?;%&4C]SF89*^J<I.2'%2<T@7H-#IFE?!*H!,N\VQ@A5H
MV[V.G[;^5[;.6>H'NXTQZ)^*WZ7UVY,7<?^EJXZ_52T'MV&?]`X<A'C3U&]'
M'8+!P63TJ]F!/SKOR$_%K59_BONOO#I?%&QWHH>4HH:9X--K*ET#L/3BPWS?
MJZ.Z;/TXG2?+,&91XGL'+M5KI<?Z7GF32C3_(HGUJ3!)U"=9@,P>C^;12\*2
M]/^S!*C(K"0O5+';=.+N07G`G/):Z&)C:\C<+Z'7,2P*O"TU^ZNFFT$@5T+T
M?1>]Q.DF>`>;RIZT1Q)4^4!BE)$]&-HJG3>W`@$H&^3!HBUY#Q4ZZJA8T1GV
M3RB4D4T9<4@I^92R6@X4HC,F.HV-BV1P3:-;'[*-AH3QD,@XL$?.TGBZ?*%@
M9H.IL]3<!I-D&$GTP=8^\5%''5W,U86<A=&5+MR-M-$%<PHA1S0U8UFR&E=%
MM,$1>*)-1UUMBV%QZ!ER4-LRHF!F@RQUI=EHG(Z)B;+TJ3(==96-MJ,RY*"R
MQ-VQS$:CQ*TZ1'O7HO@3;4NBS51<'`X5IU&J$<[I6+LH$DD+TV7T*<S<0&X%
MB#'Z#39VC<>QU%$Z*6.N,<A!8V;,4939Z*2:;'"V'%TCRE9$F7L0-4H5@BUC
M6:(M2+)L<0.Y%2"3,WB%6+ZXLQN83L\F?:`G?>80@2/GL.8$G7U2.4PWV^GN
MF;"C+G*WKR?UZL8)C',919VQ.459.(ZF)NJN^T0>-F/21"?-BB&IEQ>YW8K`
MS-GWG*`S%HXXU:?[[1-]V(:IOG&)6%H,2;V^<8+>/AMUCD9.AUI%2\7IEOM$
M''9B*L[9GSVSF_G,]38C,'.LS0GZZ>F$VY$M;W)`L"O;,N%\.N^[O4FR]:T#
M.HGD=H0:I+OK:-!$`39?6\&3(XHD?%=;IZS?11MU/-;74=V!<*C;PO"BB=>S
MAG=GGO&ZEEXI;JVY'>XV0Q0ON'M]P357U`&`:^>U.//?B^Y<M=*K^0F&AO,E
M.-OA#14?E+B:&]1!*+APFI\7^"?!X340SH%\$D(]'O0=>/AOLOL/``#__P,`
M4$L#!!0`!@`(````(0`"67PR<00``/X.```:````>&PO=V]R:W-H965T<R]S
M:&5E=#$R,2YX;6R,5]N.HS@0?5]I_P'Q3L"0NY*,)J#>'6E'6JWV\DR(DZ`&
M'`'=Z?G[+;L`N^S,[KQT!Y]R^?C4Q?;NTT==>>^\[4K1['TVBWR/-X4XE\UU
M[__UYTNP]KVNSYMS7HF&[_UOO/,_'7[^:?<0[6MWX[SWP$/3[?U;W]^W8=@5
M-U[GW4S<>0/(1;1UWL-G>PV[>\OSLYI45V$<1<NPSLO&1P_;]D=\B,NE+'@F
MBK>:-STZ:7F5]\"_NY7W;O16%S_BKL[;U[=[4(CZ#BY.957VWY13WZN+[9=K
M(]K\5,&^/]@\+T;?ZL-Q7Y=%*SIQZ6?@+D2B[IXWX28$3X?=N80=2-F]EE_V
M_F>VS=C&#P\[)=#?)7]TQF^ONXG'+VUY_JUL.*@-<9(1.`GQ*DV_G.403`Z=
MV2\J`K^WWIE?\K>J_T,\?N7E]=9#N!=R2B$J6`G^>G4I<P"VGG^H_X_RW-_V
M?K*<+591PN*%[YUXU[^4<J[O%6]=+^I_T(@-KM!)/#B9`\T!CV?Q>L$6R__W
M$B(CM9,L[_/#KA4/#](#UNSNN4PVM@7/PQ8&'M.F0-M"6G^6YFH2T.U@]/T0
MKY-X%[Z#3,5@=$0CR/+)B%&+=+204DF_F3$0`K.)'FS:H#>RD*,6BPU=X?C$
MA%JDKD4249/,-=FL)A/",WG*4X[N??"BA8B2Y>1!;?V(1BLE9K"VT-1$%Q:8
MF6#`5AHFW""LAH8JQ$DT152BE"-$-+$XHM%<<=Q8*J4F&+!8L\#0FC!;ZEPA
M'*$,#(YCG.4HY<86B95+1S1";DR'1RV>FF#`;&HFNM+;(LR6A)FMGD0MAG-K
ME2/:#`0CFZ&)!FRN]4'U3#@V*HUP7!&.HWIRU.(6.>30",G%EK2I"3JIF9FH
MD9J$F3SJK/9BY)Y$*4/(O;F5>V@T5[U0]HK4'LB,`;+XABP^RB)'Z:+,+4HT
M0EF"C171U$3G5JUD)@@IIV'"C<%I\Q_**)BR?%*6@]606D[R$Q@J<TV5S0C.
MC,9$F<K>K&,XRLBP99/FYA;G8#4PU%I@=1(T8%;Z903^7GTRV:0U/;M`%4R%
M9$X1#$8C2]T)!IIX#@S9P!+KK,G(]#C2V4)UE-U:$YUTQ"9.='3+E*$54K!+
M)"6HDZX9@8U\I?1DG];T'!VQC9LT(2$7-*..;&SVX\&>.B.9.4(9R':L&4P"
M89<V5WY2L'#ODF4]A-")($&M-,S(W(!IF-*3K5C3<P3"3FW2?%:Q9C\/8OLP
M8"9L'P44_%Z6R:ZL64XB8K,VV3TY2IG9TJT^G!(PL"*?$53+3Q64C5IS<Q3$
M/DXXNJ4Z-GMY]PQB':NA5`ELH1DS4>.B0EG*!JY93@IB7R?LGM0I6@VW.2.5
M!GHFS+1,"I5O%9G#.-F8B_3P&8*7]YJW5Y[RJNJ\0KPUZNUPV$VC^/PYRN>/
M>L!,`#Q*[OF5?\W;:]ET7L4O,#6:K:`\6GR_X$<O[NI^?1(]/$?4SQN\,SD<
MO]$,C"]"]..'?"%-+]?#OP```/__`P!02P,$%``&``@````A`,71P];4"@``
M(S@``!H```!X;"]W;W)K<VAE971S+W-H965T,3(P+GAM;*2;W6_B.AK&[U?:
M_P%Q?X`$:$O5]FA(_"7M2JO5?EPS-&W1%%(!,SWGOU\[=N+7[^.A4^W-,/WY
M\4N>.+8?`KG[_8_]Z^A'<SSMVL/]N)C,QJ/FL&T?=X?G^_&__R5_NQF/3N?-
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MVW:<W`A\;=MO3FH>';*=I]!;=B/PC^/HL7G:?'\]_[-]U\WN^>5LAWOINFS;
M5_M.]M_1?N>N`6M]\T?W^KY[/+_<C^=7D^7U;%Z4R_'H:W,ZRYWK.QYMOY_.
M[?Z_7E2$4KY(&8K8UU#D$YWGH;-]#9V+<E+>+(OEU2>J+$(5^QJJK#Y?Q#KN
M3H9]_3\.Y2I4L:]]E:O)HEQ>WWSFG%Z'*O:UKU)^>F#L=.X,V==8Y-.'L@I5
M[&NL\JLC-/477'>AUIOSYN'NV+Z/[.RWE]3I;>/6DN+65@Y7:+C,AFO63IVM
M4W]Q\JZ3O1I/EOYX**]7UW?3'W86;(-H[476[2`J4D75*]Q,<'7K'I`NU\M5
MVDOTHKZ7],#^.[R1/9J;M)?J>T51`:5U+^I+F[ZT!5-[JH;S92<7/U_SV7!Z
M7&MZ>JZ9B35*RO2`*U3,9ZFD]I)R679#L"@6,Z806,2>&G8L,B-*WTAE%#?\
MO716Q(;<9$71>G*2[2)$3G)_[3EJ%T8ZVC>S>7K`:R]:=`NCN[(J#FH.!`>2
M`\6!YL`0D#BQ"V'&B:/W8WM&XG5[,ULP)UYT[2<9NZ@KVLCG2>T;XSD0'$C:
MO62U%5=K#@P!B5N[8A.WW6)")H=K!==+YMJ+%IWK.6NL:"-;=.J^K9_!@@/)
M@>)`<V`(2(S:3848[2]01\'@%3/H1=X@F[35A;:Z;QO\<2![X%9E5EGU;7UO
MS8$A(+%J=[Z,54?!*AN2M1?EK5YHJ_NV_F`%![('.:M]6]];<V`(2*RZV,WV
M0G+YNE:PS.;.VHO\I&4K8'6AK?9M9,IR("_T5ERL.3`$));MED\L]Q>RHV"5
M;1YK+XJ'7'%0<R`XD!PH#C0'AH#$26'3><9*AS_<-8**F`%2`Q%`)!`%1`,Q
ME*2>7`J)5V0_/(4/)^G^4;`IOPXJZLGWBZ0.FJMNN5VM;(S@F[N`,A*(`J*!
M&$I2DRX99$SZP,!,LCFU+KPJ6JJ`U`-QJ\5JPK=+,;3W*X8$HH!H((:2U*%+
M!QF'/C0PAS$2=<EX79!HT9$*2#T0&B@*%HW$H(H^>6T%&@W$4)+Z=+D@^N3[
M?^%C`_/+8T]0T1$E<2-\6N!$0"\)1`'10`PEJ3<7!:*W82KZA&#/(XUR[,RO
M[6=^MZ!23YS4H!%`)!`%1`,QE*2>W)X?/77CM5C:M:`[RU\*'PG8>+%,M@ZJ
ML.7-5GP!J8(@FJ^!""`2B`*B@1A*4JMNSX]6!XL^"J069SRR%5[E5\D2/CQ6
MH9TZ)!&C.YD"-/*#J@IZ:""&DM2OV_"C7YB*/@^DO@OP[57>=[%8L*E:%215
MA(G)B0"-!**`:""&DM2I"P07G/J\P)SRI%KTJ:*[H\%"736T]@MG#40`D0/)
MU51#:U]3`S&4))[+-.OPT>V:>7XKF*MUKUH6W>X_FQ0S%O&J("$7-A`!1`)1
M0#000TEJ-@U!8#87AF9@UJOZ50H6J1*B$1`!1`;RLZH*>F@@AI+4M[UFR87=
M+UFEPS"X;.36016/#!W[.G1L.1&A2M3(#^LJZ*.!&$I2SRZ0_'PRESZOV.,D
MNVW)@V]0V8Q`52PY5H.JGX`U$`%$`E%`-!!#2>K7!9D+?GW.87YY0BQY&JJ`
MU$`$$`E$`=%`#"6IMWQB<M\FV.OW@\045/'*JX#40`00"40!T4`,):FG3&(B
MMPC*7&(J>1H,*NK-]XND!HT()&S&\#E-0@\%1`,QE*1.\X&IS`6FD@6#=5"%
MP%2X3Y5LDE9!0BU#9@*-3`HO;^RM:*BLH)<&8BA);;L`PR8DB<2ESS?IA"QX
M)`ZJZ*T"4@,10&0@JVY_+JXG,S;S%7310`PEJ=7+P:G,!:<2K/;!J5]%J]`O
MFJ^!""`2B`*B@1A*$F]V3M)A[/?.#G^X]@15=%`!J8$((!*(`J*!&$I23Y=S
MT#R7@V#M"2KJ#9(/:`00"40%XA.'_9U!>MM;0P=#26K4Y9`X!X?!<Y@''UAZ
MYEX5EDE['+!`5$$2ST$-1`"10!00#<10DIK,)!VRT,QS20<6FJ#R"\1J`A_0
M0CMUZNM&(D`C@2@@&HBA)'5Z.>/,LQF'?Q0-JGC<%9`:B``B@2@@&HBA)/66
MSSCS7\HX044]^7Z1U*`10"00!40#,92DGM*,,TR_7+:9\0_2<Z\*TV_.K]@J
MM%.'//L(T,@/JBKHH8$82E*_^:0SSR8=\,M#2Q7Z48=<(T`C@2@@&HBA)/64
MQIAA#'U\^2![S[TJ.JB`U$`$$`E$`=%`#"6IIS2O#)ZR.84GTKE7^>MR6:[*
M!5MAJD0Q7Y6S)5/401'/BP`B@2@@&HBA)/&\2',,O_?1-<.6R.]]!%4\[@I(
M#40`D4`4$`W$4))Z2_-,/YX+GT<^N$:#BGJ"'`,:`40"44`T$$-)ZBD?71:Y
MZ`)?V`45]>3[15*#1@"10!00'4A8IXO<!RG#-,LT2Z6^7:S`R+;P:<.Z('=B
M"G8G9AU4T64%I`8B@$@@"H@>2'=3%B.3203SV81\XDD=7TXUBVRJX7?I@HHZ
M]_TBJ4$C@$@@"H@&8BA)O>53C8VGOW#G)JBB@PI(#40`D4`4$`W$4))ZRJ>:
M12[5X,SD&:4*_:++&H@`(H$H(#J0,#-GN9LG)M&LV.1-;>?#S2(7;G!B\N!2
MA7[4-M<(T$@@"H@>R$\G9O]&3G!I8J;1![9,'V[2)8G_OG*]@`@$I`8B@$@@
M"H@&8BA)1S,?@18^W'RT97I5'+LJ](ND!B*`2"`*B`9B*$D\+=.(T\>`#O-H
M`Q,SJ**#"D@-1`"10!00'8B?F/:7,HO5@MT-,UR2W'Q(7>?#C_TN#N]QP+P,
M*NH:P@]H!!`)1`'1`W'3KKB:\*\1#1?$>Y2I81=E8D+@T]+^DAF-SWE2""IJ
MW/>+I`:-`"*!*"`:B*$D]99//TN??CZ8ED$5'51`:B`"B`2B@&@@AI+44YIO
MAFF9RS4X+7F*J9:<U$`$$`E$`=&!A/URU>V7Z;U'0SNE)O-!9^F#3KI'X"ST
M*CIPG-2A4M0((!*(`J('XF8A_H3-#.WV-GSJ,!][[$-/.-V*.'6[7W.L@RH>
M?06D!B*`2"`*B!Y(\E&!?77F'M9RQ]T=D??IG[WRC[3LF^-S4S6OKZ?1MOU^
ML)\YYO:KDX'Z9[[6Q6W5/3?%>%W<BAQ7Q:U].L2=UZ&#?7+K;?/<_'US?-X=
M3J/7YLF^U6QR;8?_Z!_R\G^<V[?N89"O[=D^L]7]]\4^C-?8QQ)F$RM^:MMS
M_X=[@^'QOH?_`0``__\#`%!+`P04``8`"````"$`O)($]?D"```5"```&@``
M`'AL+W=O<FMS:&5E=',O<VAE970Q,3$N>&ULC%7;CILP$'VOU']`?D^`<,E%
MD-4FT;8KM5)5]?+L@`G6`D:VL]G]^X[M!#!$ZKXD,'/F^,R%<?+P5E?.*^&"
MLB9%_MQ##FDREM/FE*+?OYYF*^0(B9L<5ZPA*7HG`CUL/W]*+HR_B)(0Z0!#
M(U)42MEN7%=D):FQF+.6-.`I&*^QA%=^<D7+"<YU4%VY"\^+W1K3!AF&#?\(
M!RL*FI$#R\XU::0AX:3"$O2+DK;BQE9G'Z&K,7\YM[.,U2U0'&E%Y;LF14Z=
M;9Y/#>/X6$'>;WZ(LQNW?IG0US3C3+!"SH'.-4*G.:_=M0M,VR2GD($JN\-)
MD:)'?W-8(7>;Z/K\H>0B!L^.*-GE"Z?Y-]H0*#:T237@R-B+@C[GR@3![B3Z
M23?@!W=R4N!S)7^RRU="3Z6$;D<J)&,5G`2_3DW5"$#F^$W_7V@NRQ0%\3Q:
M>H&_B)!S)$(^416+G.PL)*O_&I!_I3(DBRM)"#*O_L5\L8K\*/X_BVL4Z4P.
M6.)MPMG%@>F`,T6+U:SY&V"^IG#5T24%I<T4^E'!=1#(%6!]W2[BE9>XKU"F
M[`K:&1`,>0?R;<3^AE"E4KR'@<$%99T\2'H@[Z9"64<JUO8)NSL0&[&?(H)1
M(H<I9+WL6"R=P5V=R@J]'A8B\*..0:>^,Z!0]UK58C\V'`8&ZU#HUYWB*&N*
M0'I?_="+1X<:T%)W,/3ZI+2DO>T=5\7RKOK"6]I@KN]H4]:)MM'I.P,*S739
MNO=#7SP*/`R=_J"9EK#XKC!EM85%R]`^>V<P1E?H]7F;FEG>B;2A-_;[6$O:
M\JXT9;6E^<%8FL$8:3-_80O?V]YQ.VUOSVQ)4S?6:$T$7K<5E->6N.Y3-%-N
M(&;@@L%79(HW](;1N*]#;^SUWX]1:-:S66HUX2>R)U4EG(R=&[U3MTEG-;?"
M#FX%O5K=S@'+NL4G\AWS$VV$4Y$"0KWY$B:*F[UN7B1K]=XY,@EK6C^6</T2
M^&R].8`+QN3M1=T<W86^_0<``/__`P!02P,$%``&``@````A`*(J8JI?!```
M>PX``!H```!X;"]W;W)K<VAE971S+W-H965T,3$P+GAM;(Q7VXZC1A!]CY1_
M0+ROH7VW97LU@"99*9&B*+MYQKAMHP':`CR>_?M4=7'IKMZ=S(LQ=3U]JKKH
MWGU^*POO5=9-KJJ]+R:A[\DJ4Z>\NNS]K_\\?UK[7M.FU2DM5"7W_G?9^)\/
MO_ZR>ZCZI;E*V7H0H6KV_K5M;]L@:+*K+--FHFZR`LU9U67:PFM]"9I;+=.3
M=BJ+8!J&RZ!,\\JG"-OZ(S'4^9QG,E'9O9152T%J6:0MX&^N^:WIHY791\*5
M:?UROWW*5'F#$,>\R-OO.JCOE=GVRZ52=7HL8-UO8IYF?6S]XH0O\ZQ6C3JW
M$P@7$%!WS9M@$T"DP^Z4PPJ0=J^6Y[W_)+:)V/C!8:<)^I;+1V/\]YJK>OQ6
MYZ<_\DH"VU`GK,!1J1<T_7)"$3@'CO>SKL!?M7>2Y_1>M'^KQ^\ROUQ;*/<"
M73)50";X]<H<>P"6GK[IYR,_M=>]/UM.%JMP)J8+WSO*IGW.T=?WLGO3JO)?
M,A)=*`HR[8+`LPLR74W6B\5\N5Y!E'<\9YTG/#O/S<<<YYTC/'^`V\T8T+HU
M7TG:IH==K1X>-"&LK+FEV-)B"\&0*,`,#*'R";7:!L0-2%\/T^5*[()7X#[K
MC"(R@JTS&MD6<6^!_&/<I!>,+K-P\`D`VH`/.#7P];A0RG!M!G^=(B*3M2X4
MYHRY(#$$5DHHAI%24S(+!TI0N_?!=USM<C5ER<EHI1E;ANN5K8Y)/1^P):;]
M2H0_X0+J\PXPU#K`9G;FB(SF&MAL;BOC7CF4R1!8#$%3<R!B-8$=T]<'#1PL
M+%U$1H2%,T0Z`1M_H%E,6>,E?0"<!&;/+%UX\Q$;:AUL"YN*B(S&"L5<D!@"
M*_G*36YT#VJ=Y+Q[R(B(F:Y98\>]=JB2(;"0X,>,;6V#!M0Z2):,!C(R:.""
MQ!!8R3=N<H,&U#K).0UD1#2(.:M0W&L'&@R!A02;B/-@0-%J!PO?-YU55Q.;
MI7A0#EA,B0T&)]_/BR)H,++IPC9'U%D997$DB2FQ$>#88PA,.F@J,@2\-(*L
MEGJ.3$/!>[33CP@34V+CP=G'\-C#1-!T9)#X-.FLJ$*LC^-.B65Y9YX,(?A`
M$3@(&49C*VFUTT)KNTNBSFKD)'8DB2FQ6<)9QQ"85:-1R"ARJD965+79TIG_
M<$+";3DB3$R)C0?'WSMX:#HR/,ZFZF<H'BQF#&TL>NVXJPR)C09'($/#>HB&
M)`/D]!!9T7>;?6UB0<K_ZR&RTAS:&'%2CAC[+Z6@`0K;M5]FY(IB5Y18(CL3
M3L(QDS[`8"'I5#@<AX>/-1S$^31VOK519X3;>-A!<!9T-C[%`K-^.7C.Q_`D
M(J!T;J=S:"GKBXQE431>INX5!,<M/$CIOA")+9S?("23)W"/^)'\2:SA@J$/
M?\P#%M)?/8)!!3>"6WJ1?Z;U):\:KY!G@!%.\/!>T^6!7EIUTZ?.HVKA+J#_
M7N&2)^%X&4[`^*Q4V[\`V&"X-A[^`P``__\#`%!+`P04``8`"````"$`<D3_
MWRD.``"!1```&@```'AL+W=O<FMS:&5E=',O<VAE970Q,#DN>&ULE%S;;B.Y
M$7T/D'\0]#ZMOE^,\2RFV=QD@00(@ER>-;)L"VM)AJ19[_Y]R&:1K`O'[?AA
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M>'J^F70WUF5W?C%7,O^NC@=;`V;JV]_GWV^'A]OS_;IJLZ;+JZ)LUJMO^^OM
MYX/U7:]VWZ^W\_&_SJB`4"Y("4',;Q^DRLJ^*9K61GG'LP)/\QL\BSRKRZ;K
MY^N_XUF#I_G]?U[3,)JG;'Y_[)H;MV;S6D_;V_;+Y\OY;64*V*S*]75KMT-Q
M9Z+911YRD^R='?QJ1V<;`U\-^MN7LJWSSYO?3-YV8#0Z([/MHA&U4-["YL[&
MG3P072H657L36R*&:R!L$H0(>Z(6Y43+BM(8G5$_Y]W24!R8.*`10%B89"=8
M6/1^;7S"2A1543,6SFB85[.NNJRGX\J-UX'EA!V:IL[*`?TTU%LC;T+8U%B"
ML$4IX;(M.6$P:HJ9<D$OJ-PHHONNN4;FA)^IO00_BW)^-6,P.J/(0'%@XH!&
M`&'1)EE8E+)(I-49U?,:54.=L>)3?CSL`0_8754/9=;1A=5^G&^`+LG1HI1C
M(I-@!)G,LR$O<OQ34@K*V<>5G7B`OA^P?\Y2HU$`LLY6HV/7\9O8HGP.U4`Y
MC<XH<E(<F#B@$4!8#$D6%J4L$MEV1B[;=96Q7:C\<$BV!VRRVR)KZ:2T'^:Y
M+HQJ)A9JABG'1+:]%:1[,.DF/XW^Q!,.+G%U)Q8DSXJ")QD[D?4M;`^7:9YA
MRK[H"[8D(UA%*DH@DT`T1B@7V\D37%R#7VC9A;."=.<YWZLJ&(2$!\1M[X*[
MZ&`@<FY;>(*IZ^R8:2KG8!6W>-&0I+/FK@HD&*#-/$3?=R2$R#\*0=?<-OLX
MD_EP4:'#!2@%DDMSNF`E.19(,6:"2B"30#1&*"?;^B,GWWK,P?(#NQZLH,G+
M?:R"0:P#+S5S'=2-K`-O(.K`"D""J=.%I3H`JU`'?=F@4\,PL.VF"B0W4`<B
M1%Z3.F!-3^,0=,VM#,29B#H`5:%UP/1S+)"60!UP9!(V&B.4DQ6%R"G4@=,*
MO+J)[E]X1;%)K8:,[0@5QF,98(^:+;[&]I2E%88$2Z<7F&6J%X`5U$"?]:0"
MAC;1_Y$0017P(!6I@;P6072!@I#9E&DUFV&A!ZRZ1K!">B"022`:(Y1+6IM*
M=]N!5S:1?[""/M")_(?QD/^`S`>`4AP`PCCO`J6ADJB`&:9KEJ@`;Q4J@&I!
MGJ@`<(G+/+$@]@3`]J;&3G25K33$^IUW?MV8,_)<7%]+D!JZ\YE$C6`5*2F!
M3`+1&*&<J"H%+E*-4IGW:F3S6)2EN'LKO4%,O4=FET8<%C5VH4S36F6?1[`3
M:BKW8!44H.SISF5)5!`V+O/D+Q1#=/0DP+1:XQ!T)E9+WJD#D!I:!Z(#<(E2
M)4<F@6B,4$Y4E4(=2#5*U8'7'IO4LLO878HJ_7@L`X]8CZKF/4-C#\HSK52E
M5*I4%8`5I+#-J(3GA6C?"@+C.N!!2N&EL1>E;]7@G=2#OM#4,X$<2R0I3OP%
M,@E$8X1P,H=0S,FG?H9I4TVD'JQ<\V]S<>\7QD/J`V)3W['G/3J,\M9?I25J
MABG+1.*]5=B[147W/S^S@`-*NPQ1Y_0$P>YB<0BZWE3$^`&PLL-\1C5['C*"
M522H!#()1&.$<J+2%&I`2E*J!IR5JP'3TEF]JLJ/QQKPB*V!MLWH2C+)T]B?
MLK9B$G=38.TT!A];4C4!5K$F2M;!5>7%*A(73@4[1_(J0"$H=RIG_#!0I62M
M9KME!"M<!<XO(I.PT1BAG*@PA?64@I2J`B\_-J=Y)M;2#\>U]$C205=^6'0"
MJQV)K#M)6<HZ6/FLTW2IRNM29/FN@\8.="VI4(G\I@2K9L(Y5LXJ9E,)9!*(
MQ@CE1-4GY%>J3BJ_7G5LNJH^8[M457X\+IU'K$?=\I+0V(/PK-.*-,.\,\H'
M]-;96$&&^ZRC;3KQH`\"QV6>_*5"D.4;/1R$SH8J%Z^$6MYDE6W#7@`:P2I2
M5`*9!*(Q0CE1#?*54$OM250"6+E^/V0M75]^D@[6H2X"8NNB*$5=A'&^\VLK
M&W+GS_!R73C-\7519@7E/8ACG(+`<=$G?RFHBP\$T3@(S8&5AC@;41<@->0L
MV+"#RE@C?7%G08%,`M$8H9RH*H6ZD&J4J@NO/7->!W$6-/>Z=F?BY?2(]2CE
M;0#VH#RM.,2U"SR=9BQH0`U6D,0ZJVDE](E*0&+D'@6)(.2%R&'H1!`-+O/\
MZ6RLQL39S)5@#L)A5B!!M!*8P(XUERXED$D@&B.4$]6OP$7J5JH2O&[9O$JI
MJ/UP;`D>L0ZB<C1VH"RMQ,25"RR=\BS5`5A!'119J@5X#8M4N1=]"I"XB=0U
M"D+H-U3H>`N8AWEC:UB#'<$J;BLED$D@&B.4$Y4KOZ1FD?AM22+Q8.6DH>BS
MBNXL=MH*UF%Q`P(MA!6Y#N-<&IJTH,TP7T%Q9/!6)KJ]KGE3`7LX)/:R`I>X
MZ!,+8IYL+071.`C-`14Z41<@9;0AL`/9V#BK2%$)9!*(Q@CEE)"KHLO,4ZY0
M(E*Q4B7B%<LN=<N?_*C&#=N74>/[1DHF>Q-8N3HS)&AAZ:4@=&)6A&(/F1>;
M3<S)U$([:<`*JJC(Y*L!"FR69L<C,6V1?4HO!:8SINHIRBNEH@U_`-EP250"
MF02B,4(Y40T,-26U+U537OML3<D'$(T?CGW&(VZ_L_MJC1TH2ZM3L58"2R=?
M2P4"5E`@?48;1&X>)++>KAJOBY$Y#T([[%")(!H'H;.QNA1G(^H`E`[M1'-G
MPI[NC`T2-W<"%<@D$(T1PJE-2"+=C;,%[>F)D@`KUR%*<;<*PW0C]CF;W$2B
ML.3HQ1AT8E17$VVFE1*;>&[EK:"*S,,S^F,>8C.B"EP6)PO7A\C-<F2]&)DN
M`15I7F^M'::)-?7&GWR"%9(U@4P"T1BAG*C4^AW=2HE-%9F76-M&BDI6F1\/
MVQ?BP@&IX2^5Z##.#S@ME=_`4VINJF;`"C);98E7.N8+D+LS0.(=,WO+E`RB
M<1"ZS`F1-?LG3".EL`UKRV/KK'#J.3()&XT1RBDA@ZS52"5,58%7PKD*&G'?
MV[IQOOU884]@!J71\?=,ZL4P=')6X5AO9Y-S&K@@6BU8A=)9/-8J<%F<+X^<
MJB=G\^-0=,Y6&]F<T0OL+4@GU3/^S!6L<)$)$18V&B.44T)C61ZDS*:*S,NL
M+;*<%X=JW3!?*+:#)C!S-6;>F,_.S8M1R-2Z1:F>+7A'%[=?W@I*+"%@8+$T
MN\5`>C$0G6!"LE$]=2F];OF36[!"]22022`:(Y130D-I/7521A/U!%;0;6K^
M3CP%XVS)"S:[B82IY!L[%\/0R5$Q3IR1.JG+";WS5J%IL1?ZY4OV"EP6YPO7
MA\CF'8ST]"4CZ\7(=`FHSO,S4I?2^Y;='H]@A6O.^45D$C8:(Y03%6\OVIT4
M[52A>8FVC<N\[9JV'`5!,#'L8%X>X$T*>U":5,\#32GBJ9(!*TALF9D;*?98
M077.!G/E7HLO*F@<A-*W6O=C]>I`+HEZM8SB"%:1HA+()!"-$<J)*FI84JFD
MJ<Q[W9S/11G]=`7_=(3JO'4X*P?$^;-[,QV&^5&YHY(;2$N=3=4!6(760?>W
M?;S+;Z_FZY&3,R#^Y%Q]X$X*!R$IZ!,JBUX<F(>YQ+:,X@A6J"P$,@E$8X1R
MHL+H5[B7@I@H"[`"Y1$-(0R'.@B(K0/Q)D,=AGD=]%0J`TNICXDZF)W-ND(=
MU,LI5.`2%WEB03YR1XV#T#5/:".N@Y0PMJQWCKVSBA250":!:(Q03@FQHH>1
M7NI5JB2<E?L8H'CY1T$0KLU,]28P<U$*^6KB8A@ZM[3H]5+T4M4#5D%->/.3
MX@*!8VHF?ZD0A'YH84@\!L9!Z&RL4$5Q"7O!Z9?YH)#?;6,O("6A24*:0/3B
M"66S'PYQGP8.'V<.3P-Z*74%?PE@!"/[R:'P0D'9MNPQM8IF?H:3A#2!*'>J
M@.Y(^A[WA#2*YXIC[ZPX>29Q*II%\L'30YI84?)4"6?R]AV6/UQX*9%%G[,'
M%6/OK#AY9J:BF6<Z24@3B)`WG[S&);NX\K,]54)#GMT!CV#%R3,S%<T">0EI
M`E'R5"'],?Z'*S\DI+/G=ULC6''R_$P=S2)Y%]]X>D@3*TJ>"N=BV9@O/N`/
M;LUG&%E['L&*D>_8':6*9I[I)"'[70OVDFX^CKS[[@3W>?[C_O*T5_N7E^MJ
M=_Y^,@W"JD)`W7<VF%HP7]HP?^^"&+%?YS`W13%2^B]ZX"/%G9I7E^&3"97"
MO_;MG>V99I;,P[0V,](E1WHS,G]F7_@,9F2P/ILP9+X7XG7[M/_[]O)T.%U7
M+_M'LQ#F\YJF?5W<5TBX/V[GU_GK`KZ=;^8;(>;_/INO^MB;;P4P[^A>KQ[/
MYYO_PU[@S7]YR)?_`0``__\#`%!+`P04``8`"````"$`!W*S2TD'``#6'P``
M&@```'AL+W=O<FMS:&5E=',O<VAE970Q,#@N>&ULE%G?;]LV$'X?L/]!T'ME
MD90<*TA2U.ZZ%=B`8=B/9\668Z&V94A*T_[W.Y)'B4>>D30/;7+\R#O>=_Q(
MBG?OOYV.R=>F']KN?)^*+$^3YKSM=NWYZ3[]Y^]/[U9I,HSU>5<?NW-SGWYO
MAO3]P\\_W;UT_9?AT#1C`B.<A_OT,(Z7V\5BV!Z:4SUDW:4Y0\N^ZT_U"'_V
M3XOATC?USG0Z'1<RSY>+4]V>4SO";?^6,;K]OMTV'[OM\ZDYCW:0OCG6(\0_
M'-K+X$8[;=\RW*GNOSQ?WFV[TP6&>&R/[?C=#)HFI^WMYZ=SU]>/1YCW-U'4
M6S>V^2,:_M1N^V[H]F,&PRULH/&<JT6U@)$>[G8MS$"G/>F;_7WZ0=QNRC)=
M/-R9!/W;-B^#]WLR'+J77_MV]WM[;B#;P)-FX+'KOFCHYYTV0>=%U/N38>#/
M/MDU^_KY./[5O?S6M$^'$>@V_K;=$3S!O\FIU34`4Z^_F?]?VMUXN$_5,BMO
M<B5DF2:/S3!^:G7?--D^#V-W^L^"A/8^#2)Q$`5A8KO,Y*H4Y?+U418V(C.3
MC_58/]SUW4L"Y0$^ATNMBTW<PLAZ"D4)J=SJQ@^ZU6#`/(#UZX-<2GFW^`I9
MV2)H;4%0U#.((C8Q0N439`&13.'`)+UP7!C:&H6AIA%,K&L+6IF<Z>`WGH'X
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M"F\MX/2=*)K-L\KFHJ4Q\!HI8I'D6$'4E&)N<828M]/`RZ=@];,*Q`I1/@VV
M'T,#KXDB%D5N<3@1-&D6,0VD?2X62@*OF"*63(X$1"$)1;@TA%_G6!NT2Y[E
M\Q9+`I.\DAISJ*3>R<KJ$Z(\"GP+]</KH(QUD*$`478E"!!L6@H;TB[S:RM!
M\AIIS.%<HP.10R$)*B/J8K,>84KOC`:_WOA$T?3PTBDYZ53SIH@T6)1/@V>A
M?GCAD['P<30XF=,K0<@L."9O<!2DJ?3::0R\*.J;1G!\8-:"0R$-\@UKX8>Z
MT$AYZ92<=*I9?I$5B_)9\2S4#Z^#,M9!CA6G>IJ5*E/T,!,<*38X)G(DO*5$
M(^(54\:*R7&$J(DC9N]V(TT80>,FFD9#XZ54<E*J@A)=(\HGQ?8S%N)'\<IH
MS%0M&%(09=-<17L&:18BNR+.BA=-8Z8A,"PXU)LR;/7KA[K09/'2JN+CIURJ
MX'BY1I1'BF^A?GB=5+%.<J0X533Z!3>N8!O!47!MY-E\XJ`Q\!JJ8@WE6$'4
MC[!"N\!>/DL-#8P75L4)JYI+SLH5HGP2;#]F9?"RJ&)9Y$AP(FB.4\I7("Q"
M`EBI:]N(XD73F%]?'"BM2$.>E8%2;-PX,T)0B9JKAY+`*Z?BE%/-%RDDP:)\
M$CP+]</+H(IED"/!B9XF`:[9<Z4C!WY[J:Y=^`I>(HWY50H<"A.\RE;TL$3N
MU#:LH$N5W=!-@^PS)%L%KZ3&'$:J@CUSC2B/%=]"_?`Z6,0ZR+""*-0?Z:<=
MYV^'04`9W)&O%&3!2Z8QAU./3KT.-:T"N1*$IB!7&ZX#(6E>9S1QO*@6C*B6
M5;B!(,HGR/:+M0N^0'/?28R99H,CR"FB6395X4D3$N0#BDI>^VQ8\`IJS#0*
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M[9[/$(R$`IBL]OEV+6[74K\N!?8-/.L:^V)J@,?62_W4_%'W3^UY2([-'H:$
M`H>)]/9=UOXQ=A?SCOC8C?#,:GX]P/MY`\^%<+I,DWW7C>X/3>N+>Y%_^!\`
M`/__`P!02P,$%``&``@````A`'5'9#0@!0```A,``!H```!X;"]W;W)K<VAE
M971S+W-H965T,3`W+GAM;)1836_C-A"]%^A_$'2/)<I?26![$8M(NT`+%$5W
M>U9DVA9BB8:DQ-E_WZ&&HH8C;Y+Z$$?#QYG'F>&CQ=67M_(4O*JZ*72U#L4D
M#@-5Y7I75(=U^.V?QYO;,&C:K-IE)UVI=?A#->&7S:^_K"ZZ?FZ.2K4!>*B:
M=7ALV_-]%#7Y4959,]%G5<'(7M=EUL)C?8B:<ZVR73>I/$5)'"^B,BNJ$#W<
MUY_QH??[(E=2YR^EJEIT4JM3U@+_YEB<F]Y;F7_&79G5SR_GFUR79W#Q5)R*
M]D?G-`S*_/[KH=)U]G2"=;^)69;WOKN'D?NRR&O=Z'T[`7<1$AVO^2ZZB\#3
M9K4K8`4F[4&M]NOP0=S+9!E&FU67H.^%NC3D_Z`YZLMO=;'[HZ@49!OJ9"KP
MI/6S@7[=&1-,CD:S'[L*_%4'.[7/7D[MW_KRNRH.QQ;*/3=3<GV"2/`W*`O3
M`[#T[*W[OA2[]K@.IXO)?!E/13(/@R?5M(^%F1L&^4O3ZO)?!`GK"ITDU@E\
M6R?)]-.3`=DQ@&\[6<PFR>U<S!?_@\+,>H'OWDOR:2\1)J5+ILS:;+.J]26`
M#H5E-^?,]+NX!\\VBS85+J]0WMR@'PQ\'<(>@HPU8'W=)(LX7D6O4*G<@K9C
MD/`1:8\PU3)^)3%$P,S1@WP3>CT+8S4L^NE;-("3@1:+.$9,&6TYAMPMG1>/
M%13R"BMCA>:B)!8Q6_D603-'/>4&20Q>4*@."=I5:C9WA3&CZQ"6,&1@$2>.
M?I?E+8*6KFYQ]_%!*05-YPCA)98(ZI;AD80=Q4E.8T?2C(Y(3OWX6P1!`+J2
MF0]*>U#?`9(8/$*+=PF9T1&AN1]KBR!&:.&#TA[D"!&#1VCI$>H[VEA](HMD
M:#ZL'F(66+T9;#OS830H1L")A!\?)!$T+IXY&ID6D.*949\B;'W.$4'(<3J[
M%CU%R+`#)#%XF;I[EXX9'=&Y]5>Z11#2$4)<ST?JH9+E=91$U#AK`HZN=]+6
M#8^(WC&B%H5,%_&M)>&C4@^U_,ERI$5=86I4EA682(A`$?8U1+`.VUH4,KVQ
M^L!YHB?$7.T"Z;GA$*\-A-'E@76_8SHSSZO@<FM1R,3N!TX6=?\=B/2\3%E7
M^V2->@]D.Y4F>TB@N+,4<YFVJ&&+I".+I!:?@9'F@8%+%RHVQ*>R.DH7HFAD
M;I&"6/S(1H.'R*.UHT2SM7/UAY]P9E_C&27BG_1X:F$#44DM/BVCQ`,MEQ`4
M:$:'G3-;062\4^%T9)'4XD<V0GLE,NKO1Z4@*FTC<XL4Q.)'-IHZ1!Z5`B67
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M=XZYHW`69(57#OB67*KZH%)U.C5!KE\J:(D$?G\[J[OJ>$C,&QVS;^$*I+M&
MB-P`7$R<LX/Z,ZL/1=4$)[4'E_%D"66J\0X#'UI][M[-GW0+5Q+=OT>X:U+P
MKAQ/`+S7NNT?3"NYVZO-?P```/__`P!02P,$%``&``@````A`!/]<;>4!```
MSA```!H```!X;"]W;W)K<VAE971S+W-H965T,3`V+GAM;(Q8VX[C-@Q]+]!_
M,/R^<>3<)H,DBXV%:1=H@:+H;I\]CI(88UN![9G,_GU)T1=12B?[,I,<4N0A
M*1U;V7Q^+XO@3=5-KJMM*";3,%!5I@]Y==J&W_YY^O00!DV;5H>TT)7:AC]4
M$W[>_?K+YJKKE^:L5!M`A*K9AN>VO3Q&49.=59DV$WU1%5B.NB[3%K[6IZBY
MU"H]F$5E$<73Z3(JT[P**<)C_3,Q]/&89TKJ[+5454M!:E6D+?!OSOFEZ:.5
MV<^$*]/ZY?7R*=/E!4(\YT7>_C!!PZ#,'K^>*EVGSP74_2[F:=;'-E^\\&6>
MU;K1QW8"X2(BZM>\CM811-IM#CE4@&T/:G7<AE_$HXP78;3;F`9]S]6UL3X'
MS5E??ZOSPQ]YI:#;,"><P+/6+^CZ]8`0+(Z\U4]F`G_5P4$=T]>B_5M??U?Y
MZ=S"N$V^3!>0"?X&98Y[`$I/W\W_:WYHS]MPMIPL5M.9`'K!LVK:IQS7AD'V
MVK2Z_)><!&8?@L1=D#G0[.SQ)'Y8B,7R?I2(&)E*9-JFNTVMKP%L#\C97%+<
M;.(1(G<E=#R&HJ"W&7I_07>S".@V@+[MXL4ZWD1OT*:L<]J3$^SRP4EPCZ3W
MP/HPKK2`")@-]*!HBU[/`E&'Q9IGV-]PX1Z)[S&;<A?INZQ7@POC.6,\31MG
MTZ%K:(696PV)%ZOE$,FT8$].<S-S[$GB`M("6'*8VXTF(;H-H81A"C"JF9.4
MG%9FDG/A4$J8=3WG:Z5M72['$3-NL+]O<$/4X^;$WY.3U1`7D!;`DBY94G<:
M:+T[#7*RDKN`M`"6?,62]UL64:]B=QKD-*=SM7:V=&);9^NQWW2";.O"VLF,
M&SYYQM/><T/4X[;@T]Z3D]40%Y`6P)*N65)W&FB].PURLI*[@+0`EER`JM\H
MV<!>S>X\.B\:R,P]'=SJ[%[)K>-:S@YU;QR(VQM!LNB<X3$6"4?G977'0Z2-
M<`:H<1\P(`F\(UV"O&P&+B)M'\X`96UDT&]*06H'<3[2K\Z+)C1JLVE,PHS"
M/3#<.FYW3@Y%[@8YTCZ'G)-_+\C+;HN+2-N'9T9Q&S-[6X.T[]Y@+(7L>N(B
M$MY8\`0:EIP!*MS(8!@,"9]3NW=T>GG$=P17R<0'1LF,UB.)<T.YN\&-5-#A
M]N!(F>BULG_]2#Q$V@C/C#(W9O;F0BIX;RZ65G9S<1$I+(0S0*T;&0QS(0ET
M:O?FT@LESF7N#<:VNH(GA6V=CUUE[.+;@FM@3W"=_/O.RSHQ'B)MA&?^6$QC
M$M,[D^F\;`:T;D2D[<,90/-O3"9&V*O=G4SG15+F/$V2CXR2&?]'R&*44W_3
M&)A3$^NE\QZ\[[S&%B0>(FV$-X5+J'M@8I+$>V-QA3/IUHV<I(UP!JAP-VHG
MX;MS8/!N!<.C5V3A7'429G5V,]X]K:7C\X?(T;62+F.EJD\J4471!)E^K>")
M)^`E<$#I.KN'ZZRY$D:#`2Z9E_2D_DSK4UXU0:&.L'0Z64'BFNZC]*75%W-?
M>M8M7"_-QS/\;J#@FC&=@/-1Z[;_@C?>X9>(W7\```#__P,`4$L#!!0`!@`(
M````(0`]]93/O04``,T6```:````>&PO=V]R:W-H965T<R]S:&5E=#$Q,BYX
M;6R,6-MNXS80?2_0?Q#TOI8H^1K$6:Q%I%V@"Q1%+\^*+-O"6I(A*<GNWW?(
MH:49DHF3AR0^/!P>SI"'-.\__ZC/P4O9]57;;$,QB\.@;(IV7S7';?C/WX^?
MUF'0#WFSS\]M4V[#GV4??G[X]9?[U[;[WI_*<@@@0M-OP],P7.ZBJ"].99WW
ML_92-M!R:+LZ'^!C=XSZ2U?F>]VI/D=)'"^C.J^:$"/<=1^)T1X.55'*MGBN
MRV;`(%UYS@?0WY^J2W^-5A<?"5?GW??GRZ>BK2\0XJDZ5\-/'30,ZN+NZ[%I
MN_SI#//^(>9Y<8VM/SCAZZKHVKX]##,(%Z%0=\Z;:!-!I(?[?04S4&D/NO*P
M#;^(.YDNP^CA7B?HWZI\[<G_07]J7W_KJOT?55-"MJ%.J@)/;?M=4;_N%02=
M(Z?WHZ[`GUVP+P_Y\WGXJWW]O:R.IP'*O5!=BO8,(\'OH*[4&H"IYS_TW]=J
M/YRV8;J<+59Q*I)%&#R5_?!8J;YA4#SW0UO_AR1A0F&0Q`29@TS3GLQ6(MZD
MJYM!(A2D)R+S(7^X[]K7`%8'#-E?<K76Q!T$-C,P,L8Y06H+Q?ZBZ-L0UB^H
M[0%]>4B6:W$?O4"6"D/:N22+D5T9*E,JKD1`SS<"9:,\F#.1=U6A4*7BVGV'
M``299'%-F<M(8TZ1+@7FEHPDIBMENG3:TGC,DFJ%$E,YRW4Z1M)3WB%I/DXB
MLP%)`#8XU,F3%(5N0YC$E(/E>FX-:D@+H6L7S^S"8/LD2A*`:8`51S38"5"M
MCI:%I<60C!9;";82)01@2I;O*E&MCI*EI<20QJS$EM0,"40,`9B8%1-S7:\*
MM44(NS1(FL;(;$`2@`VJCA-K#Y/%J%IO+D8DD<%M0!*`#;YA@U]GK%![QNN5
ME78DK?127"YB_<,I&5(F79(`3(8`\R9)N.K0L"-DS4?9&=8T3.8@DB)\9.5=
M;Z=?H+7=,`/#H@JPWX1(RN$*E'.]HP"-S7*&C9T#9$WC9<)&I$&6NF)"8,7B
MR4>Y*F5?DZJQ(NAJ7,UFBH'F*)"%(Z7^M<$X\\W<MX"D(>EI<7G*V3SRC$,R
M&]U8YK03R$)YZ\7&-W3&28EW$M*0//J4WWGT&==D^IR=!9<0M?]0WV(.UT+U
MPRN>&=)4<4D1GBSE=QXQQCB9F,UT9)I:(LO44JS\8HBCFBL!0;@8Y8.3&'WV
MS!?CX2O0)JT%9I^^AC5-/G,021&N0)FAI8`XKD"OO+7EB:/J&6>FWZ1)4H0K
M4#XX*1@W%]JC-7?[I!&&]<;):YJIC+=<-^&N:Y="-]ONN[$.UYUA3>-E#B(I
MPA*1O.^^NOGFZ6=85('COI3#%2B;=$N1*-B9NUV**VN\>EC)R0QADB8IPH5P
MP[7O9(G7>.VKD&%-XV4.(BG"%7!/=12@:][8%PFRJ`(;D93#%?A=4WW+<HMA
MWT<,"XU*Q$NO41G2)$]2A(M1#C:M#&=WH,%9F]6^FR2&]?8*(3Z)SFFZ:(E<
MD,<YB6\E7N>T+PJ&-24@<Q!)$:[@?>=,/N2<AD45V%XJ*8<KX,[I%,7KH$Y1
MN(/&,VL;90EQ3%,4@C!!4`"Z2JY6KF'N'V*ULL[PG6&15#B(I`@?^7WO3-$#
M;VQ7PZ(*'.^D'*[`[YVIZYUB.;<7HF'A=DW,'<=*4&9(DSQ)$2Z&^^=8"*]O
MVC?"%%GFDI.B=3A7K@^QI&%IS5PA]]=1(?HC-Q+G3I@BRTJ7DR_':TT_CQJ_
MUZ9>K[4OA89EO-;]*H$W(L.BU</H'C7<;,?<>$P6;J#\*KR#1T)U/N!7T21=
M>YV?DQ;>XT$]-ZI(1!^^'N*C6UUVQS(KS^<^*-KG!EYJ$KBWCNCX:ODE4<]"
M%KX3=_!P!G@T-L`;XR4_EM_R[E@U?7`N#Q`RGJGWP`Z?(_'#T%[T4]]3.\#K
MHO[W!,_&)3R]Q3,@']IVN'Y0`XP/T0__`P``__\#`%!+`P04``8`"````"$`
MVSWKGL@$``#O$0``&@```'AL+W=O<FMS:&5E=',O<VAE970Q,3,N>&ULC%A=
M;Z,X%'U?:?\#XGT")DG35$E&@ZWNCK0CK5:[,\^4.`DJX`A(T_GW>_T!V-<D
MG9<V.??X^OA>^X"S^?Q>E<$;;]I"U-N0S.(PX'4N]D5]W(;__?O\Z3$,VBZK
M]UDI:KX-?_(V_+S[_;?-532O[8GS+H`,=;L-3UUW?HJB-C_Q*FMGXLQKB!Q$
M4V4=?&V.47MN>+97@ZHR2N+X(:JRH@YUAJ?F5W*(PZ'(.1/YI>)UIY,TO,PZ
MT-^>BG/;9ZOR7TE79<WKY?PI%]494KP49=']5$G#H,J?OAYKT60O):S[G2RR
MO,^MOGCIJR)O1"L.W0S215JHO^9UM(X@TVZS+V`%LNQ!PP_;\`MY8LDJC'8;
M5:#O!;^VUN>@/8GK'TVQ_ZNH.50;^B0[\"+$JZ1^W4L(!D?>Z&?5@;^;8,\/
MV:7L_A'7/WEQ/'70[J4<DHL29H*_057(/0!+S][5_VNQ[T[;</XP6Z[B.4F6
M8?#"V^ZYD&/#(+^TG:A^:!(QJ722Q"19@$P33V;)XY(L'S[.$FE%:B4LZ[+=
MIA'7`+8'S-F>,[G9R!-D-DLP.H9%06USR?XBZ6H0R&T!?=LEJYALHC<H4VY(
MJ2;!+A](B$%[ABR5S,LL(`)E@SQ8M"6O5R%1I&*--$Q07`;U&?/8I3"?LEX-
M%$?GW-&IRCB/AZK)*/3<*@A4+1DRJ1*DFK10/9<UH1A@%N!,#GVSBH0GE]%M
M"$L9N@&3S]'DFK16'26SI1NE.CI*8Q;@*('=?$>)C'I*%NY<J2:-<U$,,`MP
M)G^X.[F,?M@#3;(FQP"S`&?RU=W)9=1;.:IR:DA+HKH0S_"AT?%1'+,`1XM\
MOHQGNC\T$O4T/*#J&]*@`6U2JN.6!@MP-*PG-4C4TS`>*7T0#&G0@#12';<T
M6("C@8"C3Q1"P9Z*1U2)GC7(0`1J")8.&W&%2'OS.T*TZZ&CB9VL9QDA>%>8
ML"U#IU6(*T/ZV80,;7.N#(*\,"6:M5";$QU:>B_(G.#8;%>:]+91&O8PHJT/
M242E2`UK+`7U$&8CK@+I:7<4:,L#';:-HN.1$LL8U6:F'L)LQ%4@C>V.`NU[
M;@UB;"+P_J&.V+!M$\2@AC%6B=F(JTBZW:BH=Q*B31`I0<<T[5FC$O>$44.P
MA=QR5R*M;D*(L4RW*>,6TWZB!L-Y'X0@I=00;"&WK)5(OYL08GS3%8(<(U6#
M;2&(0`W!%G++7XDTO0DAQCQ=(9ZE&-8M2[$,5960J=FVH1+F[)!DVF(5C"W6
MLQ3#TI:"CA)U@NAUA=T(NM)<T\66DDR9+T$JTIXU[!U\X*AA6#VS$5>1M%"_
M9XF$O6*A):>&-<Y#/839B#OS?7M-M+U^8&Z&92O0XT:$V1Q7@6NOO94DVC!=
M*_$W2F^KZL*!;,2DF-Q%[$;0E7;?=^7ERF\/>@*FAC66@GH(LQ%7@>NSWE;5
MMOA1>RSSU,^>!"/,1EP%TP8+M^>)M>-7`\-:Z=L#;H].,1F4MW.9'P>U-'WO
MUK?5BC='3GE9MD$N+C4\@^5;\H#J^WX*]WUU9XZ&`-S"S]F1?\N:8U&W0<D/
M,#2>K:"GC;ZPZR^=.*L+Y8OHX/ZM/I[@AQ4.][!X!N2#$%W_1?XD,/Q4L_L?
M``#__P,`4$L#!!0`!@`(````(0#BW`+HW@@``(<G```:````>&PO=V]R:W-H
M965T<R]S:&5E=#$Q-"YX;6R,6MMNXS@2?5]@_\'P^\36S9<@R6`DLG<'F`46
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M=]5Z661Y-9\]M\/XI3-SY[/]QS#VQ_\A*;-+X2*Y703^M8ODQ0]/!N:D`#[.
M3L[RNWQ39=7JMH0%;F<*@]J-NZ>'2_\Y@]H"P<-Y9RHUNX>5[?[M)GQ$(#%[
MP_[%T*=)L-<!T&]/^3JK'A;?(,9[2ZJ1!$?$DS+.:!S#Q-FLJR2@W0>9Y(%4
MKQ=")_462R_/C')YZRW_Z#JFY)S1Q(QBR2DJIFS7G*)C"D1JY4EL4Y!:N:FR
M\ILRHU!N))RPDOBX&DGE5&XFHHT$E`0T`9B:,E9#0FQ&'^>P.Y]<4+/Q^YK2
M65M2E4TE(K./HT&KDH`F`),&%4H"Y8K2H)$DF7<DK29!Z]6Z7(9<3)H;2LCS
M<KU9B<)0E%&NLLU2%+Y&PK0Q)GN5E&U0*3L7E58C"6672_.'A[I!0CGM2XRI
M*V/:C<D#MDYJ-6BD5>2U1A)JS:MR$XNEC`(:1Y0%11G5=E7D*U%;FC)695XM
MUX4/"8NZ\>C0VERQ&#3:B<ATC:10H8T$E`0T`9B*+5,Q-5ARMLWHS;.-)*)&
M`DH"F@!,308.28(BY4S#471"?/%T6Q8F.IN*,BI+RPFB581HBG"5ION'U$4J
MT1QX#\I+7P56);*L2CP[XH`T&7*H2HEHRN$J38L7*DFCS-`!A$K1,FK+PO,K
M#E3C!X-/XJ)!L*8<+L_T]R#/U7^&;5_($LVPMBP,WFI9K3)Y#AM+"5)4A&B*
M<'&FPP=Q4X9I[-``A$CI>1FQ">SA$:(B1%.$:S+M6V@B1Q6NA3]P5BTK1*6)
M$!4AFB)<DVG35S1A%Q=Q$AVSSERO-_>U#.Z,_*0T?CR4F9OA$$TY7*'IQT(A
MS22V:Z%0FG.&+!HUB:B(HRG"-9EF+#313&*OAH-`[S!1=9&.;JM+(BJ3B*8(
MUV1:\A5-V+%%G$2FZLSU]>GF+=/H!EW2E*<[1%.$R<NY,;AN,<'2$.1UN+8L
MDKX(41&B*<*UF![\UZ'*L47?2)]E44VRM:N(HRG"-4%FB"8?'P/S^&1E):\3
M.;*PF\*5IBC7@M(P2EENMX4P`\48<"W:5J581%O*M&>N/NT%YNDS5B^-U+*L
MD>;PQ"MME#'R[6I3R1)1C`)7Y]5*.*&VC(3XZUZ1I[Q"1J^V+/390O2?AHT*
M+U1^T)\BBO`X)RR$-$/SG"[BG:\+D<7:LM)7@FN#R@\&I?B)B:`FC(4J31E+
M(2^"N;.)R5A$LVKX:%3.;*X8U7XN[(1'^+K=Y"F[*:**=N:2:J-VB63XU;5!
M[0<CT<8F0D/SS0/=@_?\0IR+.G<>8\3*T<:/NI2K"-$4X<%,>!(M@I0G%>)X
MU+FS'>JFA7#3QK."3C?/(9IRF$[0E(K?!//F"\=)E&%M6?8J6U2;32ZVT#!*
ML2GR3'ZGI1@%SNPRRT07U(Q2;C;9>A..-M]/PN!@MJN+`HU*U(7H6;5E$8.+
M$!4AFB)<D_&H4*/RF:M`"[MANI9%->&\@*B(HRG"-7';DD\)16Q?.7RQPZ]%
MM66!2Y#;7BD:3N-9KAI5A&B*<)W7':I(.90T[]JR0J2:"%$1HBG"-26LB-R!
M"S2&6_DD]H%W8#LOJ%01HBG"-5TWG2)E.G$^G7&P?`IK:NQ:5*>;YS*L*8?K
MY";CSV7*7$II+H4S%_<Y382H"-$4X5JX=T3G$MWA5AZ=AP1-$E&%1#1%N*:$
M;]#:2OE&+C)4%\BRE^(J\=6F9=`<1IY!.4QCF?:,">:>`1=VF4/+LMH27V1:
M`I$6(9HB7-KU]E^FVG]T#"Q+M#41Y,:S7.)5A&B*<)W<$MPQ*+&EP]^DH4:V
M:UGVJ0&>"+)@AMA*+(/&4)J%IARNC5N#UY:T!'FE*I$5/KF)$!4AFB)<2Z+]
MD^-08ON_<40MBVK">0%1$4=3A&M*M']RQ0!YB2<143VU904%C4<2-V?%!L5:
MV@]")7*EUTVA3)E"=*.W++RTB]/<L$%1"XH-BHNA]H.1:.X0\F92)IU"K%Y;
M%@VO]`X5<31%>"!-`__K&UR)_?U6&4H7:.R\H%)%B*8(UY1P"EJ&*:<HQ;-#
M7;JN'QI.MI6_V&T\*[0Z-\\AFG*8SHJ[A<SG-,Q=(W'3M"S:DK/U5AR$QK.<
M*A4AFB)<YW7K@%^XQL>ZE$]$EA4RVD2(BA!-$:Z)VX2\H538U&_4G6513=(,
M5,31%.&:3(<79X'4766&HWS*NK,LFD_(NG@.:SPKY!-7#WO1E,-UFAY_12=:
M`$2"6&UT%:B0)71&=>=80:=$M%\).%SG=3NI4G92R2<QRPIQ:2)$18BF"->4
M,`YP&7<5J-`X;M4=LJ@FB2B[4N!HBG!-W!>\EM@/$E\3PXM.IBKMK1-_K\H?
M9AM+"5(4FP1OC\7W:/,"E5EWFH1J\7TH?!'HV%[>VJ8]'(;9OO\X0:&9MS8\
MBN]AU=F]FMYE6O@!>#OJO'MK_[6[O'6G879H7V'J\FX-I7#!%ZGPA[$_3Z_D
M//<CO!<U_?<=7GAKX265Y1V07_M^=#^8LO.OT#W]'P``__\#`%!+`P04``8`
M"````"$`E^(Q@A4&``#A%@``&@```'AL+W=O<FMS:&5E=',O<VAE970Q,3DN
M>&ULE%C;CJ,X$'U?:?\!\3X!.P1"U.E1<]V1=J75:B_/-"$)ZA`BH*=G_G[+
MV`:[S&2Z7R;3QZ?*/G:5J_##YV_-Q?I:=7W=7O<V6;FV55W+]E!?3WO[G[^S
M3UO;ZH?B>B@N[;7:V]^KWO[\^.LO#V]M]]*?JVJPP,.UW]OG8;CM'*<OSU53
M]*OV5EUAY-AV33'`G]W)Z6]=51Q&H^;B4-?UG::HKS;WL.O>XZ,]'NNR2MKR
MM:FN`W?259=B@/7WY_K62V]-^1YW3=&]O-X^E6US`Q?/]:4>OH].;:LI=U].
MU[8KGB^@^QOQBE+Z'O\PW#=UV;5]>QQ6X,[A"S4UAT[H@*?'AT,-"MBV6UUU
MW-M/9)=38CN/#^,&_5M7;[WR?ZL_MV]Y5Q]^KZ\5[#:<$SN!Y[9]8=0O!P:!
ML6-89^,)_-E9A^I8O%Z&O]JWWZKZ=![@N#?,I&PO,!/\:S4UBP&07GP;?]_J
MPW#>VVM_M0G<-:$;VWJN^B&KF:UME:_]T#;_<=*X],D)%4[@=\')'<.U,(1?
M84C(BGBNSR:_8^<)._C]V(3@=I0+OQ^:T!=V\/NQ"0-A"+_OF=#AQS,>:U(,
MQ>-#U[Y9D"MP`/VM8)E'=N!+G*?8H^F$(=!*QGYB]-$(SJX'].LC#;;A@_,5
M8J84I(B3(.4G$M$9L62PN&%^$PRD&,@PD"N``V(F11`L6-':G02P45U`@)?/
M*>KR*5J^9$S+E\"L>.WJ-JFD2)M,`K--&.@VN:2`C281PEJ1*,^&H9!FRK;3
M($3+B#C)&S.6[7R,@00#*08R#.0*H*T3TFAAG0S=VZ!M#@^RT95'G!.,$;;Q
MT0G%?'06D:ATND&:4TS/5#JA:T^?/%?XFAQ(;D7.F"M*9+%1719L/PK\B).\
M41?Q]7EC.2A#))$`RS.T0ZD<D^1,`HR\1A&;RT$<27#OW)'$1@U)R'7$25S2
M9K-&FN2H7&8B@?'N\+`J.2KI&0=\OF'419/G"E\[*KC*L"X2K.#VE\G""(8T
MM/B(D\3DVRT)R,9%G)AS"%32.9PI.O9$=Q2Z`7$)XJ3O<93ICK;;M>=3%$;Y
M3QQI^\3Z,G3]*R'-1O5-(@3=41'GA.,!T56(<BGFPTJJJGRR0KN98GJFTOW5
M&FM5^)JN4-,E#YVAQ@V)5AQQTKSB&`,)!E(,9!C(%4!;)XL;Y0#D0D<8[SS*
ME4B01.89E^0T+',IF9`Q]XQK<AJ6!IE`9/89%Z5JH<MBQ?G'<45X[59+P,)=
M*5CBLD3JXVE4KC:9D*7K<AJ4]&Q"%B_,:13XNC16E.](XS5;E4:\$"T^(IS%
MI=$MNC.G4;G69$+86G%YFP8E/9N0!7H^#1K*6!F_HXQ7>549'!JZD"/"6:)R
MX[LI%L-S=B6:`34*@F&0:0;$+`FJA7YRK*XC?7I1(+SR(XGHCHH$ZWY9$"26
M(7?J`G*U7!C>Y2I#KI9+P\]<Z?O%FH9YOZ:[B?<2ZB9!A..R`!^%[*X5FT1<
MCWJ($@N*&@N:$?5(B`M^:AAE^DSPB;?&Z9:K1KI$UC\L2.1MA2H10MU(8JTW
M\2G=!H9$I3\1'SH264C-E,C!.9,ELD#/5;HNB[4`"[)X9Z#*@I-#MT]$M!XC
M=+?AUJ>&,$Y2SPZ9P8=^2%#JI,+W;);IL\%<8>#B]BE7S72AK/[/0G%+3GA[
MH`DFAEZUQ:"K`+48L7`RKSD1".]YR(JBSY/4L,@T"VACT+[DJH4ND#4.2*`_
M?\T2WE>H`B%0D8)(L'@N>H0&9J^@]"<B3CG";7P*YX*\IL+KO"^9-L_&]0."
M>JM<M=%TTN4^:(3A<YT_"['OU<B$8A-*3"@UH<R$<@W2E[C<T_SPJ82:30[!
MD1T)$JO)<YG`7V_QS)(70V)"J0EE)L1>!]G%##-.]9^_]O%GH:;J3E5<72Z]
M5;:O5U@4"X$)Y:^,$;PRCD>"<;J+1[\(3^@.WC]@/H1G%%XK%_`GZL+`^!*)
M+&##Y`.G,PW!N^.M.%5_%-VIOO;6I3K"LMU5`-6DXT^4_(^AO8U//\_M`"^.
MXW_/\)1<05BY*R`?VW:0?[#-F1ZG'_\'``#__P,`4$L#!!0`!@`(````(0!'
MZ#,FCP(``,$%```:````>&PO=V]R:W-H965T<R]S:&5E=#$Q."YX;6R,5-N.
MFS`0?:_4?T!^7\PE"20*66T2;5NIE:JJEV?'&+`68V0[F]V_[]@F+$DJ=5\`
MC\^<.7-C??\BVN"9*<UE5Z`XC%#`.BI+WM4%^O7S\2Y'@3:D*TDK.U:@5Z;1
M_>;CA_5)JB?=,&8"8.AT@1IC^A7&FC9,$!W*GG5P4TDEB(&CJK'N%2.E<Q(M
M3J)H@07A'?(,*_4>#EE5G+*]I$?!.N-)%&N)`?VZX;T^LPGZ'CI!U-.QOZ-2
M]$!QX"TWKXX4!8*NOM2=5.300MXO\8S0,[<[W-`+3I74LC(AT&$O]#;G)5YB
M8-JL2PX9V+('BE4%>HA7^QG"F[6KSV_.3GKR'>A&GCXI7G[E'8-B0YML`PY2
M/EGHE]*:P!G?>#^Z!GQ70<DJ<FS-#WGZS'C=&.CVW+I0V4(D>`:"VQ&`S,F+
M>Y]X:9H"I8MPGD5IG,Q1<&#:/'+KBP)ZU$:*/QX4#U2>)!E(9B!SN$_"))_'
M\\7_6;!7Y#+9$T,V:R5/`4P'Q-0]L;,6KX!Y2&'0,28%I:46_6#A!8+Y!;D:
MK,^;),L7:_P,9:(#:'L+BB\1NS/"ELKR[B<&#,I&>9#T1-Y9A;5:%6?WK3<`
MR9NLJXBWB#2ZA.QO(<MLA%RH2O^IREJALU,16?[&X!+=>I`;2F?871OV$\-%
M4.C.I!2N4VDT-L;>%@A2>*M`EN>C?!_<@Q:N;VF\C+)\GEQ"=E/(+$WB:!E?
MI0`;94,-+&DV2_-\-K)XR7YE_*`)IFJV8VVK`RJ/'>A+0,!H'3?U(;']O+)O
M88/=&N#Q`A:K)S7[1E3-.QVTK`+**,Q@DY3?07\PLG?C?9`&5LI]-O"K9#!N
M40C@2DIS/D!@//Y\-W\!``#__P,`4$L#!!0`!@`(````(0"8H9-ZVP8``(4<
M```:````>&PO=V]R:W-H965T<R]S:&5E=#$Q-RYX;6R,65UOHS@4?5]I_T/$
M^Q`,X:MJ.QK`LSO2KK1:[<<S34B#)@D1T.G,OU\;&WP_LFG[T#;'Q^;XWNM[
M(-Q__'XZKKXU_=!VYP=/^(&W:L[;;M>>GQ^\O__Z_"'S5L-8GW?UL3LW#]Z/
M9O`^/O[\T_UKUW\=#DTSKM0*Y^'!.XSCY6Z]'K:'YE0/?G=ISFIDW_6G>E0?
M^^?U<.F;>C=-.AW781`DZU/=GCVSPEW_GC6Z_;[=-E6W?3DUY]$LTC?'>E3Z
MAT-[&>;53MOW+'>J^Z\OEP_;[G112SRUQW;\,2WJK4[;NR_/YZZOGXYJW]_%
MIM[.:T\?V/*G=MMW0[<??;7<V@CE>\[7^5JM]'B_:]4.=-A7?;-_\#Z).QGE
MWOKQ?@K0/VWS.H#_5\.A>_VE;W>_M>=&15OE26?@J>N^:NJ7G8;4Y#6;_7G*
MP!_]:M?LZY?C^&?W^FO3/A]&E>Y83]EV1W4E]7MU:G4-J*W7WZ>_K^UN/#QX
M4>+':1"),/963\TP?F[U7&^U?1G&[O2O(0F[E%DDM(NHOW:1,'KW9,6<%*C+
MV<DB],,L%G'RMH2UV<X4AJH>Z\?[OGM=J=I2@H=+K2M5W*F5]?XWL<K#5@]^
MTJ,31\&#0K\]AFF2W*^_J9!N+:G@)($9Y<S08=7K5A20`%@K98L\%2DJ+PH6
M>7H4RTMS?.F"4T+,*#DC"C"EXI0\Q13)*6$J7*30IE0FZ:9`S/6HJBYO!6-.
M+E<8TF:J+AW1D@(5!20`D)H-4C-G7J,/GMH54!&2O!:&E)C"B#=9$)#(E9`1
MI2+>!"XFIA0@(\Z3*$PR$EK(2#9A'*31PD`[4?4+XCKO1*-T)_0:A2&9G8@T
MO[(3S(C#2)!H5(0A!-`Y[54:QI0U)#Q!PNDAU*-L`[3.#4F%"N0KI=F82<LY
MI(`$`%*8<H7@'.I1JC`EX2D,*9^*101^GF5I[GZ6C$Z1*B$Y#/PDRR)57/:'
MG.`*DD7N!YLLGJE!0&1(2`Z%'T6A$Y&[TD.[UVY/FB38O1YENR<:"T.RNX_\
M31*#RY)DEI`<97XLR&H5)&QB/Q#IQNV8D*4A\ZK+;^Y*C[)=N8,WI:DPI-3D
ME$2Z-(.N1U44D`!`\1;*QV\$?!IFVC:XA`K+VDSB7&)-?2V#RU%@B(0(EJ?=
MRM7#W&B$,3'<,].8RC(L%Y;2SG-(Q1`)$:Q%&X_30GN',+ZD>C_H"PEU$\MR
M"DJ&5`R1$,&:M-403>"\".-$)$[$%PK+,B=FHTH<GI><L$O+=CNH&"(A@O5J
MA[FAUQ@0T<MB:%A&;YSZM/^5PA"@1(I(R,$2M74XB4O)&4?!TIA-JQM:?9:M
M3X=9JMHCKLK24J`X8%;&O2`'B].N<46<,1,LCCFO,"QKO7%T31QPI4E*92<Y
MN1(B6)QN^$X<.R#&#XA(TI`+85@J7^`8I:RIS"S75"@BEY44!^O4;9KHA(?&
M='&LD]98(:`QQ'Z4A^C8T*0#9[!QI8BT*TZ1QGIU\[ZAU_1VHI=84R$,RQX:
M/X[S`!YSJA?XA=5+$6E7Y'K#VYXR#3-/H7YG6<93Z`U@N8PN^6>(A`B*9XA-
M9:I3D/]IF.FCGF=9QI!I>=I!=V@JADB(8'DJDR#=<P,*-<QDT>-C6>[*)4,J
MADB(8"U7_`4\0.EG:J5)_0:'E7F>94%-9IY#*L:1$,&:="___^,0FE9/C@-Q
ML<*R[''(_(SDM[0$*)%Y".1@B=A#6(5=\Y*4VIS^JD$%UTA,`S\C>R@M`4ID
M3@(Y6.)U)PFO.0FS.<NR-I<$W.4L`VJCUB(A!VO3O=QE>#D!IL7CS#*7"PWK
MEC9J%96=X]1*B&!MNF\[;=3D0M/6B49V2N?F#\]-1N\4[%I.5<40"1&L4_=K
MHA,V.=/.L4YF<J%AF1),`E^@9SC6]:A%5':^VX&$"-*KM-W2.PVS[D=-SK+>
MJ=>RG;J*(1(B6"\VD;E&HVM/)AEY7BLLRUVY9$C%$`D1K$6ED>8:=.E(#[_9
MI2T+:C+S'%(QCH0(UG3;.2+C`+C^$GI.+`O?#&8DZ^7"6FX&&"(A@G7>=I/H
MFIMD]&;%LERD2H94#)$0P9JNV`?,I^GR;[AN1+V@9$C%$`D1K`G[!>U[T37?
MX/F</0#U/6J]=BT7S8HA$B)8)_8.:KW1-0_)Z#<'EN44E`RI&"(A@C7=]HS(
MN,%;^9P]8Z[RTLYS*BN&2(A@35?\`=;8-7_@^9P[/LHG]3'U5DGW'ZB3(OK-
MT\(Q.LV+)/,&Y5(_-[_7_7-['E;'9J]N-@,_5?7=F]=(YL/87:8W%$_=J-X*
M3?\>U.N^1GUG'_B*O.^Z<?Z@'PF7%XB/_P$``/__`P!02P,$%``&``@````A
M`#&9K&D`!```7PP``!H```!X;"]W;W)K<VAE971S+W-H965T,3$V+GAM;(Q7
M38^C.!"]K[3_`7%OP`;S$249-4&].]*.M%KMSIP)<1+4@!%V.CW_?LN8`#;I
M3'-(0]6C_%Y585>OO[S7E?5&.UZR9F,CQ[,MVA3L4#:GC?W?OR]/L6UQD3>'
MO&(-W=@_*;>_;'__;7UEW2L_4RHLB-#PC7T6HEVY+B_.M,ZYPUK:@.?(NCH7
M\-B=7-YV-#_T+]65BSTO=.N\;&P58=5])@8['LN"9JRXU+01*DA'JUP`?WXN
M6WZ+5A>?"5?GW>NE?2I8W4*(?5F5XF<?U+;J8O7UU+`NWU>@^QT%>7&+W3\L
MPM=ET3'.CL*!<*XBNM2<N(D+D;;K0PD*9-JMCAXW]C-:9<BWW>VZ3]#WDE[Y
M[-[B9W;]HRL/?Y4-A6Q#G60%]HR]2NC7@S3!R^[B[9>^`G]WUH$>\TLE_F'7
M/VEY.@LH-Y&O%*R"E>#7JDO9`R`]?^__7LN#.&]L/W1(Y/D($]O:4RY>2OFN
M;147+EC]0X'0$$H%P4.0`&@.?NS@F"`2_CJ*JQCU2K)<Y-MUQZX6M`>LR=M<
M-AM:0>1!PL!C%`6Y+23Z6<(W-C0PT.5@?=OBB$1K]PW25`R@=`E".F)W0\A4
MR;C9S.`"LY$>B)[1N[&05LGB]GJJ#!!DHF6LN$3XG@[)EI!D4J:Q\N^RDE:H
M[(P$"GQ?7R15H&"DOC,-V<R@+0K5F:6BKY3OC861WHT-$J8,1"0V%E>@L*^;
M'R$2>*&.V,T1)`E]'!HQLCDB###QHDFBQA<Z>\;W5CII-7EBHQ*I`BF>3X$G
M+X.G0@2]$L.7W?=IW,*[W*35Y(82?>54@09N41@M<Z@A,`ZB.,1ZD$R#!"&*
M/3(B-**11M0LNO2:A(E)6($484R">)G,.>)N6V1SA-D6&E]YM!G;R:Q)I=?D
M&QKE2Q5(\451<H>OCB#81\;^DAD(A#YJTN0A7^E=\#762A4H49NAYX1Q[/<=
MV_\8A=_-P2AQO"`F$]B(G,W!&#F^CY/IFKY+K0`(3K$'%>C="TD&RW1`*4V!
MXZ%I6;@S]XP!'=W]&#]PZISE[O]QUR!U..A[6SCM.OT)D@XHQ3E$#HE1,-&>
MLM6C=QH:A9#;&(:GVV460D,3SXD_50EYGCQ0I8X;0U4P;@.#*H52JI#G)'$<
M3:J,3WV'YFC\BU[,-/2#9M1K)8^G!ZK4Z66HFC:W095"#:I\)PC)3-1"U1SM
MQPY!1K_*(4]^J$._$FA8V);':T(K)6J>4U-03;L3W=&JXE;!+@T<GAC:>+2.
M<^0SEB>V84_E?"GM[NB`J:_-3_1;WIW*AEL5/4)(SXG@3.K4@*@>!&O[V6O/
M!,Q[_>T9!GD*LY#G`/C(F+@]R`7&?PVV_P,``/__`P!02P,$%``&``@````A
M`*3T2ELS!```R0P``!H```!X;"]W;W)K<VAE971S+W-H965T,3$U+GAM;(Q7
MVXZC.!!]'VG_`?'>8!LP.$HRZH!Z9Z19:;7:RS,A3H(:<`2DT_/W4\8!;)/M
MF3QTA^+X^-3%Y<KZ\WM=.6^\[4K1;%SL(=?A32$.97/:N/_\_?*4N$[7Y\TA
MKT3#-^YWWKF?M[]]6M]$^]J=.>\=8&BZC7ON^\O*][OBS.N\\\2%-_#F*-HZ
M[^&Q/?G=I>7Y85A45SY!B/IU7C:N8EBUO\(ACL>RX)DHKC5O>D72\BKO07]W
M+B_=R%87OT)7Y^WK]?)4B/H"%/NR*OOO`ZGKU,7JZZD1;;ZOP.]W'.;%R#T\
M+.CKLFA%)XZ]!W2^$KKTF?G,!Z;M^E""!S+L3LN/&_<9KS(<NOYV/03HWY+?
M.NV[TYW%[?>V/'PK&P[1ACS)#.R%>)70KP=I@L7^8O7+D($_6^?`C_FUZO\2
MMR^\/)U[2'<DEQ2B@IW@KU.7L@;`]?Q]^'\K#_UYXP;4BV(48!*YSIYW_4LI
MU[I.<>UZ4?^G0/A.I4C(G20$F??WQ"-)A"/Z<Q9?*1H\R?(^WZY;<7.@/&#/
M[I++8L,K8)8N!!`(I6-R"F);2/2SA&]<*&#`=6!]VY(XPFO_#<)4W$&[)<A"
MI"-"ADKR9IK!!V63/'!:DS>JD%:I8ER^4P8@F669FM(E(D`F)%M"6#Q!#%7!
M0U72NG&!9181VYOL%&@HRL'SU#9DFL'8%+*CA6+(5!A-B9%O(77&YGB6/^RU
M4R!M<]N0:09C<RA3;?,Q#])J>HS#134H$!V*)4@"@G$T156%0$?$`4$8VZG1
M$6&2X#@A$X>ADS[4*:T+G3.#"HX"W742&H2QA4AU1!@R%EAEG>D`0A,6A3.%
M(3-^*%-:%S*#R5$E4X&4S">*`QI:*E(#P2@+&#4Y,@,1HRAD$\"0*2^JN3F,
M69?6A<QP8E`R%>@N$Q/H=%9.4P-!&$TB^[!D!@0GB-*Y=`RA[*%0:5T(G1F4
M4`520FD0)0FQHI7JB(<%G.D(NX`-G1A:JQ;1L=V.D1U>FXJAO<XUI!3?46PX
M4;%'PR!F\\<Z\ZF!IEZ"<(SFCU5=F84.<1#.8#0K,;V2W7NNDX57JKF;C3&R
M=MYAA5)>8>(ADE@UE9J0P$.Q7?N9`8D]1E@RAX;]3YECV?D_T*\N!DN_)6XW
MD&Q<I3_R&*7VN300S$M"I.<M,0]09J`Q]6*&V)R*F=O,A+P\/O!$W2V6)_:)
MP`IUSP3R"-/:V%""J0&)/!J30`NS58*9@69R9M'`6G,R79%7T0>NJ)O*<L4Z
MNCN8_F0+F%Q!*+3$I0;D9Z=)CI,SX0>G2;FB)D<U;]6\/?&45U7G%.+:P(Q`
MX`!/UFEB?29RK+'L.SG)2KL_O8#Y\I*?^!]Y>RJ;SJGX$2B1%\-5V:I15#WT
MXC),>7O1PV0Y?#W#3P8.4Q?R`'P4HA\?Y`;3CY#M#P```/__`P!02P,$%``&
M``@````A`-C\7S6H`P``3@L``!D```!X;"]W;W)K<VAE971S+W-H965T-S$N
M>&ULC%;);MLP$+T7Z#\(ND>[[=BP'<1*TQ9H@:+H<J9EVB8BB0))Q\G?=TC*
M%$G%;7-((L[CFS>+1K.\>VGJX!DS3FB["M,H"0/<5G1'VL,J_/GC\>8V#+A`
M[0[5M,6K\!7S\&[]_MWR3-D3/V(L`F!H^2H\"M$MXIA71]P@'M$.MV#94]8@
M`8_L$/..8;13EYHZSI)D&C>(M*%F6+#_X:#[/:GP`ZU.#6Z%)F&X1@+T\R/I
M^(6MJ?Z'KD'LZ=3=5+3I@&)+:B)>%6D8--7B\Z&E#&UKB/LE+5!UX58/(_J&
M5(QRNA<1T,5:Z#CF>3R/@6F]W!&(0*8]8'B_"N_319E.PWB]5`GZ1?"96_\'
M_$C/'QG9?2$MAFQ#G60%MI0^2>CGG3R"R_'H]J.JP#<6[/`>G6KQG9X_87(X
M"BCW1%ZI:`V>X'?0$-D#$#IZ47_/9">.JS"?1I-9DJ?9)`RVF(M'(N^&077B
M@C:_-2CMJ31)UI/D(+.W9U%V.TDGTW^SQ%J1BN0!";1>,GH.H#W`)^^0;+9T
M`<Q]"+T.$Q3DMI+H>PE7ET`NA]/G=99DQ3)^AC15/6BC0=#E!I2ZB/*"D-D%
M(48-Q&BIN3B5IY[3N4NX>0/B(LHQ(D\,Q!$!:;!$J)04$Y,!:87Z6<%!!B:&
M2:5IHT&%JI_,6VD=.+Z*O_J2UE4(RDTBP=?4\]6#)JDJQRQ*W)_9AYO,O5'J
M&TJ=(P9ZT0K\DGUY.A(Q<RDW&C33'5%X#5':UA2&E+GLN)\Z[OV\2^M(QJUA
MTGG7H$+)F/MAV\9\/FAT1,S^*D):1R+\7NQ!?4&2R-<QL@\`1XK\3'BOIM6'
MTNI+L3I:YZ,'&2FYUZBE#Y@.;ZJC9>YHN;2&/!UI&!BT!@W2-<F*H?;*6MK6
M(LE-/1WO*8QF*Q47]^IXY'_(IO;?H[2`="3`-<^'CG(5N'/2*-"#S'U#\R&*
M7H%&757@F*\JD`-L:`>C0,\U3\'0W+T"C;I6A-0V7Z^"'&)O*-"SS5/@-=HF
MU2@](?PFN&)T*^".2A/_6S,R]V=D:HT\W7?VB>O'G8+^&(+ON^QYB,:>R:-H
M-<KZ`/3WQD,7%A0[JR-_;\V]W!^_B@3>!/.BS[T>E'N0U&WYUVN-7@8:S`ZX
MQ'7-@XJ>6@A-?DW,J5ZG-G*=4@N1,<"2TZ$#_HK8@;0\J/$>KB;1#,)G>A_2
M#X)VZ@.^I0+6&_7O$?96#)_&)`+PGE)Q>9`[@=F$UW\```#__P,`4$L#!!0`
M!@`(````(0!#:_=,4PX``#]'```9````>&PO=V]R:W-H965T<R]S:&5E=#<R
M+GAM;(R<78\:.1:&[U?:_X"X'Z#X*HC2&0VVLCO2CK1:[<<UH>EN-`VT@"0S
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M?SSL+N?K^>DV@N'&:+0\YO5X/8:1/GU\/,`1A&4?7/9/#\-?N@^^F\Z'XT\?
MXPK]][#_?A5_'UQ?SM__=CD\_N-PVL-R0U`A@B_G\^^A]-?'($'G<='[<XS@
MGY?!X_YI^_7U]J_S][_O#\\O-\A[$;KLSJ\P$_Q_<#R$DP".??M'_//[X?'V
M\C"<+4>+?C+KIHOAX,O^>OM\"'V'@]W7Z^U\_!\6=304#C*E0>!/&J1;C^;3
M1;^*H]SI.:.>\"?U7(Y6B\5\N>IA^CL=Y]01_J2.T[[688S'&]?);V_;3Q\O
MY^\#./O@B*YOVW`N=Q]@D+!`ZPDDM0N-OX366`/R%=1OGZ:3V>KC^!NL^8Z*
M-E@$>X:+=(5+%6'=P[@^"=QE-LE]QF`M^X.U%/Z2KZ`:7^O</TZQP9)5#"C,
MZ:S@A:"FA!#$E'%)9KPDH?5A"'WY:"<S.SD6Q1,[NG%6\$)0DT,&=O+Y(N<1
M6N'45)//>>7PR+%(3&X%+P0U.9QK8O*TV$&U1SSOS')C48_GR%PW.FQD1UX(
MRL!2&8A++XX^M!9&IGJN#1;Q7,X*7@AJ<M@XXNCMY*&UN?18)":W@A>"FCQ<
M<G@?IJ4/:G'$,W/$6#2/2V_.!9?:\LX3@II_K>:W!Q]:"Q\FY0T6B8.W@A>"
MFKP#L(NCM[/'YN;:4Y68OU"\5+2#0*1R_3L$E=[M<QL`56$"*]/J<FO.0"K:
M14`2NRC6`8EEW"S,Z=!AE5P'J\!%-P8::[2#P*4[#A!;#0!U6"4=6,7+&NT@
MP,DXZ/H17(;3IN@07V89S+)OJ`I#F1M*.&H-YT/F>#<U4/-Y#(A.FPP`,R:7
M?(V`6XS*?EG:H`0%\2I!_7CAO%2T@T`QXT"@LD/(M8(2*"0'5O$T4N54"2AC
M!SD=))Q)QZSLIDL<C/<44X,2EYMYSV"'9:1<-UDPZ/2R!+ZQJ6('(?Z,N=X&
M(R!)RV(5WPE%.PB0N^,`&=@*1I"2'%C%=T)1#J::IBF8*!<0M\%0%6X;<UOC
M<F..)2LAQXYWF3:DX1I#$;ME6H6LO<ND*MX;KE"\5+2#P+OW0YF&YN8%AJJD
M`^S'BI<UVD$@(#O(H2`8S0E9A()5&$IG6MTTM7(J20FIK/@"H1U50`M/&]E9
ME;+FC-C`PUM8.5X!5RA>*MI!A:*"8>')ZP=2*2A*_=B3EXIVH"F:CQTIJ%,1
MR(E;<C.EJD6'MUYPC=(@<50AG=SIHYUINL8](].I479ASHQ->!8TZ5C%RQKM
M(!".SUB+TBD"$,ZT?`&=3HIG$:KB%7"%XJ6B'03"L8.<#H*OE0Y5Y73,J>NF
M@I\Q4$_*M-)%^8*G0>G+9A.;+6@7S$8\>ZA*K$RA>*EH!Q6BBITS0Z(VLJ$J
MZ0#[L>)EC780T%=F,PMR<>Q\L:9CIZJ\T`L;#HTCG=@^?#NEC07VL3%[L9DA
M&F$P<=HN[,TC5?'TKE"\5+2#"EAE.(C,5C@%6&=6\5+1#C18T\:9(2K-L1?A
M4%4.I[AYIG%X=7P:N=9'.]/`+=*I@M?<'6YF6,7SNT+Q4M$.*F"5Z2`@6^E8
MC+J95;Q4M`,-UIP.`K65#E7Q2MN+S@PK>'4\*6VN:=X6X52Y:Z;?S"Q67:%X
MJ:BEF5?(*L*)S<W[-*KB!7"%XJ6B'6BRIG#F2,9&.*GJ_7"H@KWY>WVT,YC<
M@DW<$<Q#<T%>AB22EZIX?E<H7BK:006M,AU$:V/KS+%*.K"*ES7:@49K3@?1
MV$J'JG(ZXGDEKHZ;%X@EA;?.A)]+M#.-7'M/`,M42<<^>%*57!OLQXJ7-=I!
M!:TR'81F*YT"K7.K>*EH!QJM.1U$8RL=JLKI3%=K]1\O/(55$'=NAU@LU0AK
M9I7VK8%<9%<%L[&SF5OLND+Q4M$.*N25V2%36]D5Y)U;Q4M%.5AH\J;LHEQ0
MQ=XRI"K.CE<:PZ(*<1[?ZZ.=:2+;JQ+,6=E9YGYR0U4\ORL4+Q7MH$)>D<X"
MR=M(AZJD`^S'BI<UVD%`)-_4YG2"W$Z'JN#XPN<!DY&]W74+K)!.BCX_MI46
M&M!%6#50+XO3R6+8Q6'EQPQ>*GJI*B"682%0X?#$_7_QV+JPV'6%XJ6B'6@0
MY[`0I`T,+JCJ3E@%D,L^/QA6X"6?5458A%.U5$O[&</"8M@5BI>*7JH*>658
MR-166`5Y%U;Q4M$.-'ES6$C.5EA4=2>L@L"+HL^/A04?F-X+*S9;%"SMAPY4
MQ1O=%8J7BEJJ907$(JS8W+PYIRKI``'.BI<UVD$@)I^P*:PE@K015JK*8=F?
M83NJD$YHY-RGXT\*M+/`2W9FM]*2<*JW$H^%-^=4Q?.[0O%2T0XJY)7I(%,;
M6VE9D+=0O%2T`TW>G`ZRM)4.5>65MA]FNJ5ELB>%;\X7_$F!=J:)7*13(_.2
MQZ)T+'?=TBI>*MI!!;4R'81H*YT"M4NK>*EH!QJU.1U$92L=JN)TS"?=RX*X
MI'`XXM-Q;2P`T6P=\5R[)%[JK6/N+S=4);=.05Y9HQST%;2*<&)S$VQ4)1P4
MBI>*=J#1FL+I:_>V2_M,3U7TTZ&1H8K+S?G'0UF)/[0;=1/U'U_@M<6`PO=C
MZHF4.B;[@$M5<I&P'RM>UF@'%<;*F)"QC3W48Q7/YPK%2T4[T(S-,2$U]1XJ
M8TIL#:L^&YE+L^M3,\>4E-!ARL^;VI*&;D2;V#WPU_()8<EC(=JH2BY*`5M9
MHQU4X"IC04BV8K$H=;U5O%2T`PW7'`O"L15+0FA<Y=%4?V)@5LKUJ9I32@K&
MRKM/6]3TM5>@OD;AI7V(I2H94X%=6:,=5#`K8T)<MF*R4'6]5;Q4E(.5QFR*
M*<K%G:N%'%4AY";%[LG-.9>LA%QD!^U)@]?FLJH!N+?/JU0E<BD4+Q7M(`#0
M<%7DLD(^-G*A*ND`^['B98UV$)#(#G(N06[G@E682S\RIZQ;I6;.)2DAE]7(
M//R\LWU6`85LL8@)2:EW>L\7,J1<'$1^B.`*Q4M%+U*%LS(FY"4<V[V/%5:6
MJJY0O%2T`\W9'!-R4A][<?%9)9J&5>_>O^3'E7*YFE.3_:?O4U([#F@TJ8E?
M+E\A.;7SWEP7-U3%)[(K%"\5[:""79D:XK.5FH6L6UG%2T4[T-C-J2$V];$7
MOV&RHJITVVUNNJF9E\;;#J,);P)E"V*X%TULMGN_Y\V)&XJJ>'Y7*%XJVD&%
MO"*:-9*W$0U520?8CQ4O:[0#6'UQ>J9HUD&VQUY$DZI2-*/BTP2JD$YHY-SG
M_1]Q:*,!F>_OHW5HMH9[^_A*56S'%8J7BG90X:\,"_G;"@NKI`.K^+50M`/-
MWQP6$K6QC]94E1>^L]<IJF!OONS#I[]VIKEL[\#7-3[W]OF5JGA^5RA>*MI!
MA;,R'>1L*QVLD@ZLXM="T0XT9W,ZR$F=3F]O[=981;_:.Y\QLO!J1.WLS.L>
M2_%S7.U*L[=(IL;@WCZRKK&*9W>%XJ6B',"C=;EU1338WOQL(94)$Z4$+S>$
MR>@&Q]C0L$WY=!.DI0ZH8%TN2_O'7(=2.]L#+S1RT<48"T@T:!./K]TDM!=L
M,T]EFU3&!EPI@2<<+%89&Q7"JI@0L8TMU$VP3-FP$M@0DK$1Z,>KP3$A%9LQ
M45E:\Y'=2=U$X#5N+G!3=.(=8-QI!-OM!+^47\O*D!:RPC*U2%8"6T(R-BJ\
M55DA<)M989FR826P(21C(["PEA4RLID5E>6L)N;&%\Y@0=L45M'KG8M2-]%$
MMD],V&XWULH^V:8RM4J(:Y9@E81D5JF"8!46TK495@'A;F(EL"$D;2.^]U4)
MB]X'TV$5%Z@NOS86/^/IS2D-;W@)\%)268I=Q.^W&F,:S#$FN&7..[_Z`MK*
M[.M-)]\HPXMF*7DE&1N!C+P^T8:,B=X7:\4D7RM+-L+(\J$;;`C)V`AD9!N\
M"D&W)ZN]X895P#)\";6?F7LLB`G;Y9FKNJS%[P$88P&2;*Q`7_65M)79T6#0
MXA<\60G61TC&1H"BL:%B0FC"8=[[%**3+Y6EF`1NTQDL)&,C0)%M<$P(2[V;
MRKL)>J,L_V3(WDW(-\Z2%QHYT3)W,<8"'ME8&1/A4ZV/?6$38K+@A9BL!#$)
MR=BHL%?%A+ALQB2HFF*R$M@0DK$1<,BKP3$A)ILQ45E:\U%E0PG@IJ1LK_=^
M[-?%5\?87A$6O5JF;:[L8RT.(P'C2@G>=Q6$UJL4WQDS-F18]$Y9*RSYZAF%
M54A@`^^*(X&,C0!%MI'#HA?*]"J4>RJ5Y;`Z\Y0%JQ)FD`L%=E#*.W'TWI-4
M%]\QJ]E#I,+U)WU4N,%:^'8&UF#RH@YFEYI9C0IO`[7PFS#R-WGP=9+>,9/+
M5+S."\Z0K.$")``I7I!+R>6Z=%3@5FKH%K]V!+].X[B_/._=_O7U.MB=OYY@
M^/"1>%;Q^TXVW0?X&@H8T^@>O@>EIO\":Q2^(656Z1..)G][RC@/"%]J\K9]
MWO^VO3P?3M?!Z_X)K$Q&X:=W%_S^$_S'[?P6OT#CR_D&7V<2__H"7U2SAV_*
M@%\0'`Z>SN=;^@<8'N>OOOGT?P```/__`P!02P,$%``&``@````A`%7`P[N+
M!@``U1D``!D```!X;"]W;W)K<VAE971S+W-H965T-CDN>&ULE%G;CN,V#'TO
MT'\P_)XXLG/'9!9K6]LNT`)%T<NSQW$FQL9Q8'MV=O^^I&Z6*&]F^I),R"/Z
MB*1X$LW#AV_-)?A:=7W=7@\AFR_"H+J6[;&^/A_"O__Z--N&03\4UV-Q::_5
M(?Q>]>&'QY]_>GAMNR_]N:J&`")<^T-X'H;;/HKZ\EPU13]O;]45/*>V:XH!
M/G;/47_KJN(H%C67*%XLUE%3U-=01MAW[XG1GDYU6>5M^=)4UT$&Z:I+,0#_
M_ES?>AVM*=\3KBFZ+R^W6=DV-PCQ5%_JX;L(&@9-N?_\?&V[XND"^_[&ED6I
M8XL/7OBF+KNV;T_#',)%DJB_YUVTBR#2X\.QAAU@VH.N.AW"CVS/DR2,'A]$
M@OZIJ]?>^COHS^WK+UU]_*V^5I!MJ!-6X*EMOR#T\Q%-L#CR5G\2%?BC"X[5
MJ7BY#'^VK[]6]?-Y@'*O<$G97N!)\!HT-?8`;+WX)MY?Z^-P/H3)>K[:+!(6
MK\+@J>J'3S6N#8/RI1_:YE\)8BJ4#!*K(/"N@K#U?+M:+=?;#42YLS)1*^%=
MK80.O(-?*CR\ZR=MY_%VQ59KY'MG)7C%1N%=K5S/E_%JLQ4;]1=&,E$BP7DQ
M%(\/7?L:0-="*OI;@6>`[2&8RJQZM,DUE+Q$]$>$BT60Q1ZL7Q_A*&P>HJ]0
MO5*!4@F"K1L0<Q&91F`%,6Y.#=PR1$#5\(6B_!^^""=\=RZ75$)LMK&+R#3"
ML-6&<8/)PEW#-03;VN8/K4'Y)PN37O1"SUJ9@_1NW="I!"U%SV+R,FK(J8%;
M!H<--)[%1A<9K8<0=F#J!RQHVB1H(WI@MR#;SZ1WY)C;\&2W)7ANX1V"T)(3
M!-%*"3(2,I6@I2`X8S2+F7:;HDK#6N*3!2,]RZT%#L7U)$6T>A1)R%2")$5&
M3E&FG8:@-HA3MW*;@FLG[;?-)#NT>NQ(VZ<2)-DEB?N\3#L-.VU`=K,-V2G7
M7DH/%7H</[H!T>K1(PQ2"=+U7:T)0>TV!+4!"28T?=I)^>TF^:'5X[=T":02
MI(KK^C+M,^2T061O2;.GO90=`R6UTB>G]V8.VJ$S*1`NU0VM9:I`*I6T#Y47
MW\P\8#&AF+LQ:#/SMX(X)XKA\/>[0IC=O<0+1BJ9*I3<S)H.FLRX3>J-!7/O
M33)NW%[R<<1/L)23WYZ>;+>B9XM)U#@@,\^2>Q9N6]R,X8`?N8A&L&2%R?D/
MKZ:"$[JB4#8G2S>43E,+MU>YG'"FW^$D1[Z=)Z@F.<4IT\*`Q5GOR!G+C'NL
MIEP@QWBR7A+QY/8*ER[.]Y&N.4!R[!.:5&O@RRA.!#V,/+$Q_I&G7/%CN;&7
MN$1QU$\0E0I`B))CFC*M$YA/1D9J9KPC30=/O@-P&^]RQ'D_P5'*`.'HG0TM
M%H(C*6#&M'?DJ"V(G]'IQNT%+DD<^A,DI180DB15*=.*(1ZZ\8:F=H\LM47L
M*B:-SDT\6."RQ.$_P5)J`F%)SD?*M'+@0TG39L8Y<K3ALX2DGML+'([QFSHD
M$.[L]G5(@7Z@0\K[A@ZY,3P=>BN(NRU7A^A4C>5O%%("T@FI0LE-K6AW9L9M
MBF`L6#-OY''CIHT2`Q&K43RVZ'8K`+I$YX,(@H-,T\D\2^Y9N&UQ,XAR,3:O
MQTFJ";S>TZ68:D[F67+/PFV+R^F^+L63ND2.0JI0LJKQ@ISFS+AU&G-CP:HF
M"9EYW+B]JD[+$EX/D&J">I(3GBJ49$F<F7&.'&T5(W!NP]U\3NM1_"X]4BC)
MD$ROS#A'AK8<D:1S&^XR1($8NU!+>RQU@YQ?4IE4H21#^FTS,]Z1HJM&I'&X
MO<`EB?HP05+*!B%)U2BVQ66V(3J=&??(TEFP(V.`VPM<EM-J%+]+C11*I9+\
M)#+.D:.K1BZ>VWB'(GSOM1,I9@YS?A0)A#L*?3%2H.FSHYQO:-&]$/RM$.Z>
M[BM1,JE$I`M2A9)7-FQ)A"I3[G'TY\X";\AQ>X'+UE4B?=X2J4#P@TJ7./5-
MF6_*?1-W3.[#)R0'OTO+.U'_1A/NK>DD]7[=I@J$O[\LI8K)C,Q&F-YA[IOP
MIAR?",$`);G+FV]Y,=M4W7.559=+'Y3MRQ6>AS_GC57>N*=PXR[R2.WQ/A-Q
MB3V/]W`E"<\C]H\).""9O@?VK"_U([,([MIOQ7/U>]$]U]<^N%0GH+>8X[5X
M)Z_EY8>AO8E;UZ=V@%MV\><9_GU2P6WE8@[@4]L.^@,FP?Q#YO$_````__\#
M`%!+`P04``8`"````"$`V2HJ#U\#```E"@``&0```'AL+W=O<FMS:&5E=',O
M<VAE970R-RYX;6R,5EUOFS`4?9^T_V#QWH!)2)LHI$I7=:NT2=.TCV<'3+`*
M&-E.T_[[7=M\&8C4EQ".K\^YOK['9G?_5A;HE0K)>!5[>!%XB%8)3UEUBKT_
MOY]N[CPD%:E24O"*QMX[E=[]_O.GW86+%YE3JA`P5#+V<J7JK>_+)*<ED0M>
MTPI&,BY*HN!5G'Q9"TI2,ZDL_#`(UGY)6.59AJWX"`?/,I;01YZ<2UHI2R)H
M013D+W-6RY:M3#Y"5Q+Q<JYO$E[60'%D!5/OAM1#9;)]/E5<D&,!ZW[#*Y*T
MW.9E0E^R1'#),[4`.M\F.EWSQM_XP+3?I0Q6H,N.!,UB[X"W#WCC^?N=*=!?
M1B]R\!_)G%^^"I9^9Q6%:L,^Z1TX<OZB0Y]3#<%D?S+[R>S`3X%2FI%SH7[Q
MRS?*3KF"[8[TE(07H`2_J&2Z!V#IY"WV0E!@J<IC;[E>1+?!$H>1AXY4JB>F
MYWHH.4O%RW\V"!MURV5R>"2*['>"7Q!L+$3+FN@VP=L0%I]H\*#1V(,.`SX)
MZ.L>1P'>^:^PCJ0)>K!!\-L'=1$^T'<:D/",AD:UAEZH%GVPP)`OG.=;.GQ(
M%VP9=+GK40"&:45!SV2U;-#*E&:8ZLJA;LNA42@0)-@O-0J677:6LXF"QS!J
MU44Y-8$=FZF)1HU05Y0&@<>0-)HG7<^2:M0E;9!;EW0]3PI1@TQ-M3&.%E%7
M<!W@\C<(R`R3OIWGU^=8WX&&/]RL.G8][+(WR(C];IY],V7?]+VB1UWR!AF1
M;^;),9A]G/MZ-2B-"7`%6LA5P,$5!6VR475P$"YN^_+CQH=A[Z06&FGT!G9:
M4??U0*-M>@./<F\LZC8.[LWE\L[X%*]PM[/8FA!TNFYOH5'BO=-<`=>MMC77
M<";V$IUS>XD&&DE<L2D<Q,/:6(E1_:>F-;.@=".-*Z[588/Z&XT(.UNL(T9;
MT4`CB2L>QJZ)NRV>6M=$@I1[X.`KWL4SYG4/!Q,Q2GW6P/B*@>'JG51G&:R=
M\DQM;&9-=V#L8WLIVPNQI.)$O]"BD"CAYPI.+GT?=FCW,7`P_3K&5]N#_4CP
MNQ&XNVMRHC^(.+%*HH)FP!GHQ)&PU[Q]4;R&3.$&YPIN;?,WA\\Q"G=B`+V,
M,LY5^P)M['<?>/O_````__\#`%!+`P04``8`"````"$`J(4S>'@+```M-```
M&0```'AL+W=O<FMS:&5E=',O<VAE970R-BYX;6R4F]MN(DD2AN]7VG=`W(^A
MBC.R/6JH\T%:K69WKVF,;=3&6$"W9]Y^(RLC*@]_F;%OVNV//Z(R(R.S(LK%
M[>]_'EYZOW:G\_[X>M</;H;]WNYU>WS8OS[=]?_S1_+;O-\[7S:O#YN7X^ON
MKO_7[MS__?Z?_[A]/YY^G)]WNTN//+R>[_K/E\O;<C`X;Y]WA\WYYOBV>Z5/
M'H^GP^9"OYZ>!N>WTV[ST!@=7@;A<#@='#;[U[[VL#Q]QL?Q\7&_W47'[<_#
M[O6BG9QV+YL+C?_\O'\[B[?#]C/N#IO3CY]OOVV/AS=R\7W_LK_\U3CM]P[;
M9?[T>CQMOK_0O/\,QINM^&Y^`?>'_?9T/!\?+S?D;J`'BG->#!8#\G1_^["G
M&:BP]TZ[Q[O^MV!9CR;]P?UM$Z#_[G?O9^O_O?/S\3T][1^J_>N.HDWKI%;@
M^_'X0TGS!X7(>`#62;,"_SKU'G:/FY\OEW\?W[/=_NGY0LO=7&][?*$KT;^]
MPU[E`$U]\V?S\WW_<'FF_RUNQN%D-@_"2;_W?7>^)'MEW.]M?YXOQ\/_6*4N
MWWH)V0O]9"_AY"88#Z?*QQ6[$=O13[8;36\FL^'H*Q<?LQ/Z^:6+T]":J=-/
MMKL^V"GKZ:=<9VJ%ZLHT9VQ)/\7R4^&AW=B,D'Y^:H0+UM-/N<XG1QA0AND\
M4*FFE_AS2QBT&43_^=0H`\D6]1^YUF?'*1D3F)2Y.LZ!SO=FGT2;R^;^]G1\
M[]'A0Z,]OVW4418LE3/>(9RM[9ZAK;M5\F]*?]>GE:#-<";ZZSX8S\>W@U^T
M"[<L6G6(7,5:%&KW*+^1#V(?)#Y(?9#Y(/=!X8/2!Y4/:@L,*&9MX&C1OA0X
MI5>!DQFO!)A(AEZ01"$FD0]B'R0^2'V0^2#W0>&#T@>5#VH+.$&BA+*#)$FD
M\%V?_FV3*!S-W,FOM(:VE<Q^#20"$@-)@*1`,B`YD`)(":0"4MO$B0R=TEV1
M49BV(L6S#4W'_M*J,9W3MFKB1G#=JB2"$9`82`(D!9(!R8$40$H@%9#:)DZ\
M:*YVO)IS:D)[4]]N\)Q2^B:0,OF5)F.Z^=A!FWI!:U5B%P&)@21`4B`9D!Q(
M`:0$4@&I;>($C6[17PJ:TKM!T\0/FK=7UZVJ#1J0&$@")`62`<F!%$!*(!60
MVB9.T"A![*#)F:6P&QM-_-C,O81J56UL@,1`$B`ID`Q(#J0`4@*I@-0V<6*C
M^B*L%FYFE(&7Y_WVQ^I(>RMHBP4E=V/&9&1.=2`1D%B3$=5S[=9=A($;Z*05
M2:!3(!F0'$@!I`12`:DUH0J*KNZ$C`;]E9`IN1LR3<94D+:3IUO"PIW]NE7)
M["/V9"J.F#5J?7[=A\/`*]N2]G/QD6H23MOEREH-^QBYX\C;S\5'`3Y*38*9
M<5NQ:"1#\TJAFDTPO*IBM^,KV[7A;B`9A2$YLT*Y&+I36%LZF40D[JQHBFS<
M!B=!E(JAR?@,53FB0@S-%4M458AJ,>R(E:IEK>W;QDK7N%1UR'Q7JIU1>6B&
MO684TN%@HA=X14<DJD7K*Q9D&U)G[48]8=5HV*3`9.HE>,J?6R/*/N4X=QV'
M$V^Y"_%B1EP*NCKBBE7!<-8,.0A'WH:J1=&Q%*IBMI:BJ6>:T'8<HZH<]`X%
M0?;Z:)6[/N.%=TQ&;$F;0!8[%F?6/D^8C?2.#+PR*143<_U,D.4E=[UXN5+P
MI]90R@XGE>MDY!\-8M(19%5]?SK(7*K;FX"1F>1:M<BT%'Z0O3%%(K.#S,YF
MIJ-)6!;,=)0G$^\T345@1I`)LOSD+>/S<PR1YF&;\92MC1E/Q2RD1V1-9Q\.
MO8G58M41;%6Z6\%N#Q==TM,J2;ZM`D9F5FM$$2,K.V)!YL:1,)H:7RGZRM`P
M1\-"5':4]%"MG*[0L&9$P:$Y.G=_BJ03%?U\A1[N48#Y@8JNWIWX,#)S6C=^
M,.^\?(E$9F80(TH8M0?7?![,@LG0<Y:*S`PC0V>YJ.04G"^&LV`8>,=.@98E
MH@J<S>>C\33T3I]:9!WQ5F5]5Q;J<M^),B,SO74`*&+D9*%662A!58J^,E3E
MB`I$):(*4<VH*PM506]%A9_R?5BW!TKO%4^,[&AIY)Z%@7=?C]B7%:U8D&/9
M41&P_W#>G$;AS<*[OZ8R3C.H['.^\U:F?0<W7O(7(C`[J11T?=A5*].NIS<C
M2%\[ENYQH=J(:POUQ_&-UL4<'MQVV(>KW8DT1\PZ`!0Q<E9%JT:FX$Q89:$4
M?66HRA$5C*PKEJBJ$-6,NM):=056M-HCE;L%.RJ,E#-3O8[]C%H'1B>WJXB9
M-?(848(H%6=V>FK_EJ\<#0M$):(*4<VH(U;A!WU2P]VM+L@,>\W(R?P`:G]1
MF3T3(TH8?5CH\^=Z#DT"9^@E=[U@58\F):**47LGQ!)>%$TPG+T:>MV4+N&G
M-_2W/DG$1N(%%QLK5KG!Q<)=9'9TM3,KFQ)6<73])4IE1&9M,_2;NT[\8A(-
M2D25ZP.J=OZX*U.[6J-@\N'-*L3N2)"9Y9J1'V1O;I'(["!K_R-SFB2LXN8H
M]![YI7CY3"R,DUP0E>;MB11./%\%JZPE+L70^*H$7?55LZHKYJH_L$[2J^UH
MJ)L)NY829`=<J_R`>PU%Q);6_&)Q-C,33%K&G9)?$J8B,"/(!%E^\I9]U"FQ
MP!I/V=J8\50BHTKT@TY)K)H!N0?'!YU2B)V2(#.K-:*(D37FF)'5%B6(4O25
MH2I'5#"RKEBBJD)4,^I*P;_ME-1+%%Y5*LB.CU;Y>>?5=Q%;6C.($27BOVUN
MNCLED9EA9.@L%U7KK+M30LL2407.NCLED75DH>IBK"W?WK.X!S+)OJ+NMPF\
MF=Z:D1]EK]*-1&8?I]@]H2K%2V:HRA$5B$I$%:*:45=FJG*]*U)<QMN1LBM[
M77RK$'4\,?+;))'9D6)+@Q)6M?5*,!R'8\]5*B*S7!EZST4EV1B.@X7_N*=`
MNQ)1Y;NB]YU&"^_.6HNH(Q-5XV'%]^^Z4^H'X1Q@9*:\9I6Z;'M[G2[@&-"&
MSC&@D7._9_?TG*<Y[:=A.)]!V&$,&8_!<I4+NGJG+F3P9NE+,3395@FZZJMF
M55=BJV;D*X'GYL@,846!@Z.!6QP[\,%XX14V$5LZD6=GU@T[$9G<:!?#^6(^
M#2'X,(Y,AF9YR]$;O6*W"+RL*$1FAQ_'5HE,QD8C6\R&_A\F:QD(9CY5Z<X"
MR!G<<+=O$&1E.*((4<R(CC=I:!-$*1IFJ,H1%6A8HJI"5#N&3GTTZFJLKC0`
MC=Z+%G99K'+.@R#PLU)49N5C08XE/JUJ9?*T:N;=#%-6Z(VH&]O6R-XLX#MO
M9?*T*O3^.E:(PHR[%'1]W%4K:Q]7>;NA9D7'`4('FY._<')[CZL:O;=2W+W9
M>0TH$D.CBAE-K<=5B%(TS%"5(RK0L$15A:AV#-V\5AW1%XY;:B_]^YP@$X>U
M(&N#1\*,+$:4($H198AR1`6B$E&%J':0&ZX/VJ01MDF"S'S7C$)US+3W?[H-
M>1LGLG1R/L8=+.E@:0?+.EC>P8H.5G:PJH/5S+HVI-=$M3<4;)WHM7O_SLUH
M1H6,"=EDZ/W!/#(R$S'MC"P%):A*$66(<D0%HA)1A4A]M\!,4F>7_JZ`?@?Z
ML#L][=:[EY=S;WO\^4J3IH?W][<MUE]26,V6]$843<SCE&-+M3Y=GTSHD^9[
M!IX-?>'A6U,^>7Q%7X1H_A#K\W!)+]?B%58C^N)$!_\V7G[KO/!JO*27*SL<
M39;T_F`'GR[I%3GD\7Q);S\A7RV6]`X2\GBQI/>*D&>+);TKA'P5#)?J#9RN
M3^@2](";/AFT4:+O<+QMGG;UYO2T?SWW7G:/M(C#YEGA27_=0_]RT7\WZ7T_
M7NC+&[3.]*8[?2UG1Z^>#^F/L;W'X_$BOZ@+M%_TN?\_````__\#`%!+`P04
M``8`"````"$`Q6K-9JL6``#Z=0``&0```'AL+W=O<FMS:&5E=',O<VAE970R
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M/X['/Y5H\EDA4KX"[?`4@?KYXO/]E]N_OK^VQW_B^X>OWUXIW#.E<G?\3BW1
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MT,V`D"NQ9@DUA2J[&PD""4()(@EB"1()4@DR"7()"@E*"2H):@D:"5H)MA+L
M)-A+<+#`%06SCR@%\4,15?(JHAR*&P8FQ"*^:Y9@E8T$@02A!)$$L02)!*D$
MF02Y!(4$I025!+4$C02M!%L)=A+L)3A8P(D>3==V]'C8*4R+"7?8^>Z@NNF$
MZ'K#<5D#V0`)@(1`(B`QD`1("B0#D@,I@)1`*B`UD`9("V0+9`=D#^1@$R=X
M=+T<"I["-+]2R.U)<RJBUTE-Z;II2\U<J74OQ3'>``F`A$`B(#&0!$@*)`.2
M`RF`E$`J(#60!D@+9`MD!V0/Y&`3)Z(4C:&(*GR**$?AIB-36KK8T9N+Z/52
MK+<!$@`)@41`8B`)D!1(!B0'4@`I@51`:B`-D!;(%L@.R![(P29.]"@:=O1.
MBYO);$3RW7T)+F^4AAO8CDQI76D'=B$"VTOU@042``F!1$!B(`F0%$@&)`=2
M`"F!5$!J(`V0%L@6R`[('LC!)DY@*1H?#*S2<`/;$1G8I0AL+]4'%D@`)`02
M`8F!)$!2(!F0'$@!I`12`:F!-$!:(%L@.R![(`>;.(&E&PL[L+S\4=B-7D=D
M]%8B>KU4'ST@`9`02`0D!I(`28%D0'(@!9`22`6D!M(`:8%L@>R`[($<;.)$
MC^Z"AZ*GL!N]CHCH3<<B>KU4'ST@`9`02`0D!I(`28%D0'(@!9`22`6D!M(`
M:8%L@>R`[($<;.)$3]6XAL)WXF[\-)(!]$0`C5@?040!HA!1A"A&E"!*$66(
M<D0%HA)1A:A&U"!J$6T1[1#M$1T<Y`95E0ED@>?\&D@5+,5XU4C&6]8%C)B)
M=V>,-!D%*!4BBA#%B!)$*:(,48ZH0%0BJA#5B!I$+:(MHAVB/:*#@]QXJ\+"
M!^/=U2+H_I1#=*/N52D%9+Q%P6%MQ%AS@RA`%"**$,6($D0IH@Q1CJA`5"*J
M$-6(&D0MHBVB':(]HH.#W'BK8H05;UXQJ0T`.8@[).Y1IZ(.L=::)&:"VFLR
M"E`J1!0ABA$EB%)$&:(<48&H1%0AJA$UB%I$6T0[1'M$!P>Y057U""NH[[AQ
M57LU,MZZJD&+;>O6=2HK2EK3FJ$WB`)$(:((48PH090BRA#EB`I$):(*48VH
M0=0BVB+:(=HC.CC(C;>J8%CQ[@=Q5]F@T<_C[D9ML`W,S++09,18<X,H0!0B
MBA#%B!)$*:(,48ZH0%0BJA#5B!I$+:(MHAVB/:*#@]R@JNK%4%"[JH83U+[0
MX8Q46612&Z-=[$U0`04H%2**$,6($D0IH@Q1CJA`5"*J$-6(&D0MHBVB':(]
MHH.#W*"JRH455+U?.E*/++Q^>[C[\^9(<ZUGMDN[2H<3;(W\?E"OU:XU!79I
M=FXVB`*-?+J!L^=S4;$*C1AG280H1I0@2A%EB')$!:(2486H1M0@:AWD!D@5
M)SX2H*Z8X01((SM`'7("!"A03Q"H:_!X==H8GXP]L;8*+0D3'*/%+!Z02S1;
MF759:HFIG7AJ4*S0,TN"C><#K!A@I696@Y4EIAL4MX"U)<$--@.L=9D;0E6A
M^$@(NXJ&$T*-[!!VR`DAH$`]R'$*(:UX[4$F"HNAEEMU#X&I)QBB7I5,6*HS
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MO#*3@.D8-PU4/>L#*XR)DA?7&HV,>VN6DNDA1N9&RUD=$K`JE0C4U>`7;T+/
M>HNI/&0ATV3$:&(6A;%FOG\RY8U'DY4<8XF6L5Q(V12[,%G-ES-?^)"QE/$A
M9V3Y4&BF?9B-YHN);XU.<7$KM;CE3L56V1UO.9[/Q=6W9B'C3</(\J;53'MS
M>L;6<L8:!6Z2#!7AO-E/;_4F6(%C9/Q;,Y))(DYMH^6L+@D8=;/^W)\MEQ,Q
M@D,V;UJ,>D17LW,+DLY]OUM,4-J,QU,1IX0],/>I*:/.J<%%4M9[T-_QYCTZ
MZU2AQ;13;RV22G;&^%<QTLNLH352W3O3^]?TZ*Q_K1;3_IU9([F9)<I]4$38
M'7_0;$/CMWOF6KWU(:<?70:D\D\?4V\Z$^FPUIIV+1]1@"A$%"&*$26(4D09
MHAQ1@:A$5"&J$36(6D1;1#M$>T0'![G!5A4ZZUK3![6KW-EWK31GJ3B+73=Y
MZ[`V8GS7MD$4(`H118AB1`FB%%&&*$=4("H158AJ1`VB%M$6T0[1'M'!06Y0
MA\J`YW?5)U@)U$C&6RR@UD;,Q+LS9NW9!"@5(HH0Q8@21"FB#%&.J$!4(JH0
MU8@:1"VB+:(=HCVB@X/<>*L:W=`@UK4[:X-FTB$95+&\71LQ$]1>DU&`4B&B
M"%&,*$&4(LH0Y8@*1"6B"E&-J$'4(MHBVB':(SHXR`VJJO59087+L*CE3Y2\
MN`O0R"RWUBQET`91H!'5\G4=5=PDA$:`DR%"%"-*-*+Z*BNF1DHW)FY8,R/`
M.CFB`E&ID=589:1T8W!_W_49G3HWUA@=1JV#G+#1O9X3-KZ@GK@;'D8F%FM$
M&T2!1K2\8X="1)%&2W<1-A?W3+$18V.)1E:_I6@_0Y0;6_:Z3S99&#%NLM3(
M:K)"^S6BQM@ZUV1KQ*A)-V"JC&:-LSY@BHN`:60'#-#&!Q0P,ED?(HHT6JK-
M.O/ZHBR?Q$:,>R]!8RFB#%%N;)UKLC!BW&2)QBI$-:+&V#K79&O$(&`_J9+Y
M6"5C9`<,"F<;E`H8T630AV*U$$N?D*5,6".-9`S%+!,;,>[0!(VEC,YZD;&4
M\2(WYHW[WG0NO"B,&'M1HK&*T5DO:I8R7C3&_#DO6B,&D?Y@(8Q**#!D.S2E
M6;D/)/6$N,2LM2:)<4]LV)C)G4`C5=JWC<F+(VN:KH@T$IOCLF(4&S%V(T%C
MJ49ON)&A9F[L.R<@JCN%$6,W2C16:?2&&S5J-L;^.3=:(P:)(8I?_9R-12Z_
M0Q/U#+(5M)FIO9ZJ&&M+CD]ZHYE59`\8Z4TC?^'-IF-1UPA9R*1.I-'Y3:.8
M%?6FT60\FB^7OBD8BP&<L+QI*&6D'9RMYCYM9+C;>QD+&;U<H_,.%JRH'?16
MH_%T.3,.BEXM6=XT5#'2#L[IHS'&"S$>:Q8R>HU&YQUL69%[T!OY_L0JIYJ>
M<!<!HN;5)Q36MOP.T6ZKDU!SD01K2\XDE#9G3BO08AYO-G1[A&Z\0A8R>A&B
M6"-:ZJBU[70T]JP37UF%Y%/&)V@A-1;,6)G,3)^=%#-4S!$5[[)5HF+U+L4:
M%1M$[5NVW"00M;"W[KBHK@J7FPY!<HA2]5JK*CF3'-J<"7+`+?`VPV*^&)AM
M0"]B/2H1L?E8,YI457;,O=%LZ=$6*_^(("=LPGB3,F)O)I/I8BD7%1E+&<6<
MD>5.H9EVQYO3.%W2YT;Q#TPD<)(56V5WIG/:A1&7LIJ%C#<-(\N;UO5F-A[1
MXQ3<,_3;=(Z;,$-UMC-[,#X6V322"3,3Y[&VY#BB&S9GSBW0:-E-`9/9=$D=
M*B<3[851BWI+]IR&3X5H,>HLE4*T";-:+NV]5;>AI+?:)V'J^C=X]<Q0+>_1
M6?\*+:;]>^OJ6?96>_\JC73_#5X\:U1K>G36OU:+<?_]_.+I9IFH[L&T)/9C
M?*SZ:22S3*X+UI:<R3)MSJ1+P"W0@ZBG1%BLAM(,]"(VKRK7_5IL(,VT)CV\
M?#+OCZ;SF34:1;$R87>,ARFCWL,9;5F+.25C(:.7O\_#@C6UASY]ZI4GUF8E
MRQCK%2/CE>?AT@?ZK7F?5VUOONNWZ8Q6`'2]Z'^,AVY^J8K74`%$<5$`Z9"H
M'L]%0-;J-J?;*3)9!"A`J1!1A"A&E"!*$66(<D0%HA)1A:A&U"!J$6T1[1#M
M$1T<Y`15W?#:085)0U2/3_)NL!F9!%XCVFBD/.F'M#==B(M.8,0X)4)$$:(8
M48(H190ARA$5&EFW>*61<LY(S!Z5$>,SJA$UB%I$6T0[1'M$!P>Y"4"7(CL!
M^(YFJK@(M$9VH`%MM*)5=`X0A1HMW'20%>`(-6-$":(4488H1U1H9!682Y2J
M$-4:O7%&#6JVB+:(=HCVB`X.<@/]DW+H%,NAC.Q`8SF4I4SY*D`4,A*!%J,D
M8C%C+$:4,!+&Q"22LI@QEFDDZJWRP=7<B/%@+=!8B:A"5#,2SHHS;UC,.-LB
MVC(2QL29[UC,&-MK],:9'XP8G;F;.**ZVL\06$6=:F0G#J`-2QDG`T0A(_>,
MY3(H8C%C+$:4,'*-R2V3E,6,L4PCV7VBEIL;,9,X^LR-L1+M5XAJ1JZS\LP;
M%C/V6T1;1JXQ>>8[%C/&]AJ]<>8'(P:)\Y/JZQ2KKQJIQZ'MU8&\NV5-DU\;
M1O;YP0Y,P%+F]$)&CJ(O6HQ8RBC&B!)&MBU:W(A27\IBQEBFD=/)*U^4@7(C
M9;)+=Z*Q5;)YVPOHBHJEC&+-R%&47=&PE%%L$6T9V;:P*W8L9HSM-3K?%0<C
M!>DF:K-O+F6Q9JL^MI`6/>IQ;#L-13C66LQ:#&Y8T]T]D/M'`6N:TPZ'->4>
M8H2:L4:T`\I9D0P;D[6W%(UE;,R.VTJ^YI(;*6ZR0%NE1G+'1Q3O*]2LAS5E
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MY_MJ*RR_L5VPPW;VW,[YA@[<4+?M86+MIC$M+LZFL=BNF2IY49#3R`SZ-4L9
MM-%H;M:<`4J%B")$,:($48HHT\AR(D=4H&*)4A5*U8@:1"VB+:(=HKU&EO<'
M!SF!G8F2.M=+3MP-H$;J^MQ?$KSI4@RNM1'C5?<&48`H1!0ABA$EB%)$&:(<
M48&H1%0AJA$UB%I$6T0[1'M$!P>Y056%;GG1.?^JS$S7QJWKCD;J<F?'VVRX
M=<^8&3$3[\X8:3(*4"I$%"&*$26(4D09HAQ1@:A$5"&J$36(6D1;1#M$>T0'
M![GQ%M7RTR*#]F_5&W(_^]1U^NXN.4-K)`,N[H371HRCNT$4(`H118AB1`FB
M%%&&*$=4("H158AJ1`VB%M$6T0[1'I'Z>C45HFX8=0'OOBZM^S:AQ_OGK_?K
M^^_?7R[NCG\]T1B=JU?9>]Q]3]O-;$Q?U'9Z!!B.J*]P.]5CX,B$O]Q-'O%F
MU^KSURCR<&1.1TZ/9LDC$]*A5!S0F9!.=]<!.@LZ<IH_X,B2CIR6!_+(ZIH^
M:'F@%8]Z@.XFAXY0#W1/JTE;'O5`]YXH'/'IR&G%`D>F=.3T^HHX0M^5]_MI
M8A7\1C4_Y!<U/BA/30^U_/OT^G=*EH$3)(^&'+JAB`P&A.(Q&$**QF`P*!9#
MH:"-B&NURX`>4:&>7!HZ0M5ETAGREHJMI#-TA`J!I#-T)E05(YVA(S?^_%H]
MJHB^W?@+.C)XGOZ2C@R=*3TJ0!X,)1=MN9,'0T=H?X]TAN)%^U^D,W3DQJ?L
MIN<1AKSVR;>A'J4']*_5T_>H0\_,7ZL'XO$(/<9^K9Y1QR,W_I3:&8K"C3^C
M(T-]36__D`=#*4XOZ9`'0T?H71KR8.@(O8="UH9ZA]X-(6M#1^A]#;(V=(3>
M![Q6+_/AF=++>]?JS3L\0F_:7:O7Y/`(O9A&O@U%F]X?(]^&CM!K7N3;T!'Z
MW,%K]8%[V`Y]X-VU^J@Z/$*?3'>M/E,.C]!'R)&UH2/T`6ID;>A\Z`/-R-K0
M$?J`,;)V.G+5SV?TA9P_;K_>%[?/7Q^>7BZ^WW^AR]'X]+D=S]UW=W;_>>T^
M9>'BC^,K?1,GW5_0M]_1=ZS>TX>Y4<WG\N++\?C*_Z$3N>J_M?6W_Q<```#_
M_P,`4$L#!!0`!@`(````(0!ZO)6W?`(``+8%```9````>&PO=V]R:W-H965T
M<R]S:&5E=#(T+GAM;(Q476^;,!1]G[3_8/F]&`A)F@A2):NR5=JD:=K'LV,,
M6,4VLIVF_?>[Q@D-21[Z`OCX^)S[X4O^\"I;],*-%5H5.(EBC+ABNA2J+O"?
MW]N[>XRLHZJDK5:\P&_<XH?5YT_Y09MGVW#N$"@H6^#&N6Y)B&4-E]1&NN,*
M=BIM)'6P-#6QG>&T[`_)EJ1Q/".2"H6#PM)\1$-7E6#\4;.]Y,H%$<-;ZB!^
MVXC.GM0D^XB<I.9YW]TQ+3N0V(E6N+=>%"/)ED^UTH;N6LC[-<DH.VGWBRMY
M*9C15E<N`CD2`KW.>4$6!)16>2D@`U]V9'A5X'6RW,PQ6>5]??X*?K!GW\@V
M^O#5B/*[4!R*#6WR#=AI_>RI3Z6'X#"Y.KWM&_#3H))7=-^Z7_KPC8NZ<=#M
MJ3_"=`M.\$12^"L`F=/7`J?@($K7%'@RBZ;S>)*D4XQVW+JM\&<Q8GOKM/P7
M2$GO'K3Z&!ZIHZO<Z`."O@+;=M3?DF290N[,@VN/%A@N&.A90%]6299.<_("
M>;`C:1-(\'PG#0P"\H,'!'S#PZ/>PR?J33<!.-=+;^M-1GK(%VP2#['[70#.
MP\K2V:`4O`(IZTMS'FHVDCZ5PZ-0(`CP/=4LG5]H'EGP.F?=#ZQ13:!C9S7I
M<TBSR9"$W^X=A^H<D=E8?7%;'5B7ZEE\'\VG@X%GC`V.R-A@$M\VF%\;)/-%
M!!?Q5#//&!L<D0N#Y,(@S$FXHY*;FG_A;6L1TWL%9?57=$"'\5RGOI&7>+9<
M]V-+A@V8IH[6_`<UM5`6M;P"R=B7!9DP>&'A=`>APTQI!W/4?S;P?^1P2^,(
MR)76[K0`8S+\<5?_`0``__\#`%!+`P04``8`"````"$`I@\F?2`#``#:"```
M&0```'AL+W=O<FMS:&5E=',O<VAE970R,RYX;6R,5EUOFS`4?9^T_V#YO8"!
M)$T44J6KNE7:I&G:Q[,#)E@%C&RG:?_]KFW"5ZC4%Q)?CL^Y]]C79GOW6I7H
MA4G%19U@X@48L3H5&:^/"?[S^_'F%B.E:9W14M0LP6],X;O=YT_;LY#/JF!,
M(V"H58(+K9N-[ZNT8!55GFA8#6]R(2NJ82B/OFHDHYF=5)5^&`1+OZ*\QHYA
M(S_"(?*<I^Q!I*>*U=J12%92#?FK@C?JPE:E'Z&KJ'P^-3>IJ!J@./"2ZS=+
MBE&5;IZ.M9#T4$+=KR2FZ87;#J[H*YY*H42N/:#S7:+7-:_]M0],NVW&H0)C
M.Y(L3_">;.[)`ON[K37H+V=G-?B/5"'.7R7/OO.:@=NP3F8%#D(\&^A39D(P
MV;^:_6A7X*=$&<OIJ=2_Q/D;X\="PW);O524H`1/5'&S!Z!T^IK@$!1XIHL$
M1TMOL0HB$BXP.C"E'[F9BU%Z4EI4_QR(6'7'97-XH)KNME*<$2PLH%5#S38A
MFQ"*3TUP;Z()AAT&?`JB+SL2DV#KOT`=:0NZ=R!X]J`.X0-]IP$)SVB8J-$`
M;ZSHO0L,^<)YOFC$AXQA4=#E;MY"8)A63$C'Y+0<*+;6#%.-KZG#I0?^7IPQ
M`/`*<NVKCDF?J*-O4?`S1$5=$B-[8/$&]MARXF#M+3M-`[":G55M9#GFC^?Y
M`37E#V_)L"B#&`NTD8G`8EY@-2,0Q-ZJ=\T@Q@)M9"*PG!<P1UV_2:U#(5EY
M/;\!C/G;R(1_-<^_ON:/UKW_YO68O8U,V&_GV0D<"=/TR6H]7``+&4M<0A.-
M]3L:IAFG%BT6PS4@;;^&?<==0F.-L&_TT3XUF_Y*8[R1+&121]O6$XV^(<<:
M,[T=1L'(*]>[(-6U`VE#$XV^*\<:,TU.%M'(JZ[->XTV--%XIZ?A`+_RBI#%
M8,M:Q,2JV;8.IVWM;A)WBE=,'MD75I8*I>)4PVEC#O$NVMU@>^O6-!YO]NZF
M\;LW<.$T],A^4'GDM4(ERX$S,-X@Z>XF-]"B@>3AVA$:KAK[MX!O"`:W1P!5
MHEP(?1F`AW[W5;+[#P``__\#`%!+`P04``8`"````"$`G:AB''PG```7R@``
M&0```'AL+W=O<FMS:&5E=',O<VAE970R,BYX;6R4G=N2&[>RIN\G8MY!H?O5
M8O'4S0[;.RP6656L$\G8,W.M);<MA26U0]UK>>VWGP2164CDGWV0+BSYJ\P$
M"C^``K(._.F__O/URYM_WWU_^'S_[>>WQ=7L[9N[;Q_O?_O\[8^?W_Z?_][_
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M5\'EX_T7*HG^^^;KY]`)Z-P__.?R]]^??WO\]//;^?KJFNJVN%Z]??//NX?'
M_>?@^_;-QW\]/-Y__7_1J.!0,<B<@]#?'&2QOEI=SQ;%G((\X[A@1_I;2E^F
MTI]Q7+(C_?UC)5)]+N=+?[-C\;H2U^QX/3F^\AQI3%U*I+^YQ,VKVF;#?O2W
MM,W\ZF:U6JYO@C3/-$Y!W26*&OH-"[:\FM^LBM7Z!46*J4/0/WZHOH7T@O"/
M'ZVQ=(0B]807SE%Z0)&ZP/RU[2.=@$:$U)1ZP>O:1_I!0?^0LWQ=#RJHZT19
M4A]Z=96E%Q6I&\V?+?9='.B7":+\\/CAEY^^W__]AJ9=TO7AKP]A$B]N0S2>
M&KA#39,%35H?@_FOP?[GMV1(T\`#T7__4BR*Y4_O_DW3ST<V>N\8Y19;L0A3
M4(A;6K"S8&]!94%M06/!P8+6@LZ"WH+!@M&"HP4G"\X*O",A)C5HK/R0&L$^
MJ"'-^%Y`DF=N6EXLQ*6T8&?!WH+*@MJ"QH*#!:T%G06]!8,%HP5'"TX6G!7(
M6IYF&MWRTMT#_ODM_5=W]U7>I.^C$<V5TJ9;("60'9`]D`I(#:0!<@#2`NF`
M]$`&(".0(Y`3D+,F6:/39.TU>L`T'Y%4NM77IM6CU9(F;6UUG5MM)RO1I@2R
M`[('4@&I@31`#D!:(!V0'L@`9`1R!'("<M8D4X):42MQN0S,5U>$X\H"+P3!
MXR*2-.S[2)9T.=."W!A!)BOQ*X'L@.R!5$!J(`V0`Y`62`>D!S(`&8$<@9R`
MG#7)!*'UQ`\*$CQR02*Q@FR,()/5)`B0'9`]D`I(#:0!<@#2`NF`]$`&(".0
M(Y`3D+,FF2#4K7]0D."1"Q*)$60^,X),5I,@0'9`]D`J(#60!L@!2`ND`](#
M&8",0(Y`3D#.FF2"T!I4"R)7[(#S5H_$MGIA6GVRFEH=R`[('D@%I`;2`#D`
M:8%T0'H@`Y`1R!'("<A9DZS5:?^I6_T5%XK@D0L2B17$+E0GJTD0(#L@>R`5
MD!I(`^0`I`72`>F!#$!&($<@)R!G33)!PO8>%"E65R$K\/CI\\<_W]_3Y;A(
M&[A@G^MQ"4%HD1:PC&[2FK9$M$.TEU@SO7J;K\R2N5)F(F_ML,9A!X>U#NL<
MUCML<-@H[+*URML[[-UPQ_QT>\>]'JUFY43?AZQ*D$"W=T1SR@+JU=-\D<]2
M);L&.PFW8Z:TVDL)9!:VZ/.9W:)7RD("U0YK''9@-E].=6@9+4,_NY1G*MXE
M`RFN1S0@&AE1;H(<<R7"7DXI(5>`L'&P/9R1;O&(-NOI)$IV5&C'*&O;Z#BG
MU)F<2L5FFM48K9G,*(1:(\]-_N2`I;:3:RJU<UC/3)W#,)D]7^K(=C>7KI6W
M=-C!>2W-.SO=MQGIEHY(M6$9$GLDD4([1'M&Q8P&Q]1<BVNSHZB4F0A28[2&
MT8;FOZ>#'="Q5?&?\>R4F52CQV@#H^>K,8JCHT78PRDM.&/W]/P3]WPDKM3J
M?4B2VODG(IA_S+Q=LFL^_T1?)>9>2LBN`L5B;O;PE;*3VM7,5+B&T89ZS20=
M1CN@9ZL*>,ZU4W92D1[##8Q>J,@HGHYZ8<.GU)OFK+@1S%1BI$=21/-P==(-
M89(>9<ADD\#!3LYFQTPUZYY1,2/S*=Q\9:)58D;1PN1^O;@R(["6\F:IO$88
MG5+PFET5Z\U,_S$+\(,XJ""M%/U\#3LQXQK>W%R9<^B=X(,P5</\:CN*1:Q2
M/B6&C:(G9-Q`9D(RTD)&-`\7MZGEJ4>;ABW#;86+D&D=MF.6"1G-XLQ]R:=7
M;+6(FLTWJ!F'5LW=3,4M+IJMKVZT8+/9:O</LTH_B(L*TTH-TQJERZNSN+DR
MZO=.G$$838:A"ZVO\@XT6T-U1G'Q%`L[R4FQ%87D.QIQAYDIQD@K%A$H9K(I
M9;BM`XI%EBG&*#51Q9ZBV.K*K`IJ":V:NA'&3;2RBBV@B0[BHL*TS%0'ZAA)
M=3979N[NG3B#L*DZ\TW^!ZHSBHNG6-B%>HK%W6FF&".M6$16L85)MY3AKA<H
M%EFF&".M6$321$O;J6L)K9JZ$38UD3>HN$K*KV6_3**\_,V5&9R]E*7B#,*F
M\E\A45:=?!H,^U)/HKA?S21BI"6*""0RDT-9)+MT/8LLDXB1EB@BD:A`B3BT
M:J)F*B[..TL[J`KHQ0=Q46%:9IEB>77,=-\[409AK-?L:F;69*-8Q+(S>>99
M<B#->1>>)P$$*7D8@3RFFY7*;I*'F99'D)*'$<M3T`4GOP+7$EJU:R.,6V1Q
MM4$]Q$;YM<RT'HRD>\Q@!#EQ!F%3^:M\CKN&ZHSBXDD4=O[.")K'C(`>08*T
M1-$*)#+;[Y)=@UV2*/IF$C'2$D4D$LVO3.A:0JNF;H1Q$]&3&/E"PAE!XJ+"
MM,PRQ?+JK&QU>B?.(.SUU1G%Q5,L)``\Q6)B(%.,D58L(E#,7.W+>;)+BD66
M*<9(*Q:1*$8K;SNH.+1JZF8J+LYY)#/TXH/8*+^662:1+=^LD7HGSB",):)I
MSLPRHUAXBH1T@J=(3#-DBC#2BD0$BIAYMIPGNZ1(9)DBC+0B$;$BFZM%/AK,
M9J66@E0[-\*F+ESD,;P1Q?5585H.D\F55:XH[!S<2]$JSB#L]=49Q<73+V00
ME'XOY30H\QB6;)FNC+2N$8&N9B%;<K1\;HR^F:X1;;2N$2WBF-G@0.,:J)9K
MIM*6ETW-_.H50F*8EL.HVG2,N#8DI.G`O12MJC,(HY3%)7/[<G5&<?&$#(D'
M):3LL<)CAE8P1EJPB%2CE^(XHR6HVB@OS)#9L9URW3/:I(1I)=$X3S!?0&>O
MV82>4)XNE(TPZF\QE;$RU\"#6"BOEIDJOV-42/DW"[Q\Q3;0Y0\2/95/$?0?
M,\&/XN`I%+;]GD(Q'9`-*49:(4X:F+S%PBS;RGFR2U-E9)E$C/20BHBG2DH4
MF(M'+:%54S?">#:ZN;K)5V28*#B(BPK3,LLFQZPZJP7L@ITX@S"NSN;J6HLU
MF^&E=1073[&0*E"*O3@YQM1"IB0CK61$,#F:YB[GR2XI&5FF9$1J.JK84Z:C
M.;1=+;&5!HTPGH]H17Y39&*:D7\0!Q6D9:9JTS&2VJQ,IL2,H-Z).@C35<N$
M-;/"*`Z>J&%+_2.BQBUX)BHC+6I$2IARSE9F`EV:+,B.[93KGM&<7$7Z2L)=
MQTO>8K.T,U@]N>D9--9B3FN`.(-N9OD,9A9[!R=(.[%4G\[49[F90^IW<DOU
M&81-];FYR7.+IC^,XN!)&?;T2LKIFA?W^IEDC+1D$=EQ6!A]RGFR$S%VS#+-
MHIFZZ%1L-5UT[/JNEM!J!#7"J/8Q]9IU]-F,EINFMQ_$185IF:GJ=(RD.@7M
M#?/M2>\$&H1Q?;SMR2@VCD9T.<DT>FD.O=CG"TQ!2CM&5KNEZ3RELINT8Z:U
M8Z1FK8H1SUK+F;F2&`EJ*4A)T`CC68N2A-ETNG&2)^*BPK3,5.4Z1E(YNNH:
M(9TX@S"N#MVIR:N#V=!17#Q=0S9`C;T7=8W9`STF%XRTKA$I;4JQLM.HF;=V
M;*=<]^)ZG5(OU<3B?+A<V+5Z+1:I6@TCF40W]G8(-MT!H[2"5'6ZB<7JK`M8
MYHA%JL[`2*I#:8;"=/PQ\\H2DXN0(_@1X6).(1..4:K2]A(UW/<D`=-NP5[K
M2F66QB-$V[,97:A4-+P]RF:+]66F7"ZN[3BHI3PUGAIAM)D*$ZQIN8,<5BXM
MLQ?JT[$9UX?>$,M'O-T4.B4-POS*C7+8&Y`AF3#I2E?]^#Y1>CKAO^__HGF5
MSCG>?*/)PVX,&9G'`Y=FKMLF,]&P1+1#M$=4(:H1-8@.B%I$':(>T8!H1'1$
M=$)TSE`^\$(NX3F!S.."BYA[R`8>(SWP(E+37LF."NT0[1%5B&I$#:,B>\($
MGC,\*#/I)JW#.H?U#AL<-CKLZ+"3P\["\.FV14@$_(A0G$]1S_E<0M!HTT))
M>H'6B6F&7,!SANR:/>?CL+W#*H?5S%1O:!B%%Y_##(C/*!Z411*/3U,]`-DY
M=CTSFL'$=6#TY#.*8S(0GR.B$Z(S([JU2H[Y<`OY`Z7B-._%O$(VK!AIM2)2
M#_.5-*V'"5.A':(]H@I1S2@3)8;7#S(>V$RS%J-UDQE=2777,C<V>BQUF%Q3
MKFYTV)&9.OG39/9\J6>VB[F=7**0NO`DBBF-3")&6J*(5!N6"T`[1'M$%:(:
M4</HA:<B#\I,>G.+T3I&SS^.V*/CH.(GN>'AS%&9236.&.W$Z/EJG,7QDB_,
M10P)!B4BK#OL98W3(GJV9*3%C<@^%;DT7;I<)#LYR9W#]@ZK'%8S4YVJ891?
M[YQG()6=5*7%<!VC%QYD[-%S4`4DW;$BH[*3BAPQW(G1"Q4YBZ>C?,AX*.6G
M&39F0K+ART@KS(C,]-DLS2JY7"0[.9N=P_8.JQQ6"TM5:1A1)EA*."!JT;%#
MJQZM!K0:$1W1\816Y\PJ&X?++-%R,ZWS+SQ/J`A*3;!EI/I]R<ALZ19+<Q-O
MI^RD^?8.JQQ6,U/%-HPV-+"G:QEL_0YL10F*RQXN?+XA3X&T4IS:QW7"^/9`
M2''GV36SU>G%0049F#U?P9&MI()T_\)T[*,3^R0L5?`ZOX-ALAYG<7`VA+3:
M<H?GA9L.@9D8ME+*E(R@0YC[`CMEESI$+"'X"JL<NQJ+;02E6U4'1MRX\VM[
MJZJ5T$JW3ABW[?IJF6N/]_%[<5%A!F;J5M7(B*NS@*<1CTZ<D["I.G-X[.,L
M-IZZ(6OB3+[+P(VZC/1PCRA3-R)0UXRK'1>@E=P[K')8S4P5VPC2ZL::<'.N
M9W;DM!):R=()FT9.L<C'MLGS].*@@@Q8F9$15\:^`7-THIR$I:HL9WFJ-9^J
MSN+@R6RR.G*-76+V1I"6.5JI]B[9"F0V=Q]WRDX&[-YAE<-J9JK81I"6.5:.
M6Q9O\+826BG4"4MM.S=38B\FRFW`XD=&TLO65[E&9J%Y=**>A*7*%.;VMQ4Z
MGC(_8I!?ODUV:!(:LT!+S`(Q4BU>,K)"K\SMK9VR2T+'$O08KQR[&HMM!&FA
M8S1N:7JPP+1M*Z&58ITP;MM7W*WHQ46%&;`Z(R.NSG)MGSP].G%.PJ;JF`?)
MEL[DS8T8JY.+;3),D]B820I?60GSN1[5$65B1P1BFTEOQ]&TL'N'50ZKF:EB
M&T%:[%@3;MV"/K&6CX%60BN5.F'<NLNK93Y?WD#K]N*BP@Q8G9$15X>^U&5:
MY.C$.0F;JF-NW.%CQF=Q\<0.B1WO2AT3/GJ;M&2DQ8Y(M7K)5B"VF0AWRBZ-
M[!A.=X#*L:N9J6(;05KL&(U;UQG87)H2J9M*BW>\"N<9\EYLE-^`Q8^,N'CH
M:D<GS$D8:UN8^[KA]KIIQ[.X>-J&A).G+:>K5)(CW%6Q`QG2525;@;9F8[)3
M=DG;&"[7%EG-OIFV7!.M;40RD&^N%OF8M,.:"U*2=5,E^5[K%5WX]!]\&JL7
M%Q5FD/JFRHV,I'+P_LW1B7,2QM+3CDQ7QGLX["PNGO0A\Z2DUWFOI[[<M(S9
MJFS(,])#/B*E3\F.T"W,E72G[%*WB.'R;H&L9E]5;",HM?R!$;?\VLZGK=1`
M"=@)F\8<7BU[L5%^`[-LJQ4KSL5?X[6;3TR%.4GHJ7@SG>-S&&=Q\70/^2BE
M^W3MYCR5'O*,M+81J48NEQ&!MN;"N5-V2=OD*ZQR[&IFJMA&D-8V1N/&A:<&
M6XFL&K<3QHU[<Y6/J1GM:LW<U8N+"C-@;49&7!MZ%2R?<8Y.F).PJ3;YG+6A
M&<?4YBPNCM0KDU)[;HB[7WRY!,@WXX)4GV"DQ"D909^PN3=E)_KO'58YK&:F
MBFT8J4>-#HSHMO;E5B&LW26R$K,3QD\:T=8J_X./L/7BHL(,S%1M1D9<&R/E
MT0ER$L9U6;U<E[.X>#W"Y-1TC_`^^;/BQ)J:%`3I#A"ME!(E6RFT0[1G9+N)
M?>RF4G;236H,UXB9>NSTP*R0QT[Q":5V<DN/>7;"TF.>\_Q=/=.3>W'(.@`G
M#55]1E.?Y9*^MV0F!B?425BJSRQ/_YG9]BP.7B<(^2GG"K"*>2M]=1>DQ8Y6
M(7<PY;>+A?WT0\F>9":*[1#M$56(:D:J,S6,U..A!T;J+DC+B&93J42'5KV@
M3+IXEBK^*&;I+LL1XY_0ZIQ99?OH5<BG>$K$/$NF!*-T*MN+=_8IG)*1.N$=
M(SO&5N9RM%=VTEB5PVIFF1BQ;FJ=<V`KOO@5"YQWHX]^6Z6;BHN3]>(*-S.]
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M0S[FF+)>P2CIO5U%I/0I&5'-1=D=(]LKUM`K8C0]O"OE*_%J++41I'M%C,8-
M/[-#K)7(2K].&+>[MZ+F.BJO`0L?&4V%FXS"40I284["GBS\+!:>QB%1](3&
M[A(Z)I8R?1DEY;:KB#)]P6K'5E;?)4SIT377%UF-I3:,U*;EP(@W+?"EBU9J
MI9JX$\;;%M,!>SFL7`9FJN21T5,E'YTP)V%^R6<Y["D;<B\_HFS,U63*,M+*
M1I0I"U:[%5CM&8'8)KU;*;LT<"%<(V9J,W)@-FV.X#WT=O+2>Z,87%[?>,4[
ML[T39IA8>BEO-!6RS^H<)Y]4G9,PWAI1HC??K6.R[BPN7B<(.:0?Z00QYY1U
M`D:Z$T24=0*PVJW`:H^H8E28%XK6YLY0C:X-(_U>YD'"\0:9=I5V0]I.;JG5
M.V'3AG13Y.EH,Q'WXI`-^7C"NCZCK<^&;G'D2\BC$^HD;*K/S4W^Y)%IGK,X
M.'U@;?)FLH"[\#P=)DAIC:A$M$.T1U0AJA$UC-3.]X"H1<<.K7JT&M!J1'1$
MQQ-:G05YK6YR4U.K8PYJS4BW.N=:LA>XEC.C>LF>^LJX<]C>897#:F9J8#>"
MU`I)/%7?;QW6.:QWV,!,;W0<LZ/#3@X[YRS+4*Q-KN@U*]J+CQDFG%K2@D6D
M6JYD1WO%6YLKWD[9R15O[[#*834S56PC2`L6*R=["?J!K'P*:B6T4K03QLM*
MRGGD%R)\0*X7%Q5FP.J,C+@Z].T14YVC$^<DC*M#><:7JG,6%V]TAAR+NBY.
MHS/F7O3U;\U(B\T9FI1.*-DJ%WLY,WO(G3)+6L=H>A!7CEW-+-.:*Z*UCH@;
ME]Z-M5)S:4JC;BI-;BLXMX+%1OD-4J-4_,A(NMK<9LJ.3IR3,-:6/@64[\2=
M6X+BXFD;<AF>MC''D6G+2&L;D6KE<AV1U=8L"7;*+&F;7(55CEW-3)7:"$J-
M>V`DC0N?*+)2<^%*LFXJ7)*2^2AROF?0BXL*,V#E1ELY<TOAZ(0Y"9OFF!=K
M<Q873_@G,E5KS%0)TL)'*R5!R596>),#W"DS$7GOL,IA-3-5:B-("Y]EJN@A
M':MT/)ZEGZ?2HM++EV^U]>*2*<W-DFHSLAEW0WC6_^B$.0F;IN]7*)V=5'X=
M#]D4-<2?NXZ[MX+7,1V3S06,=)>(2(E3LF/>)8K%&B;ZZ*HG];WRE7Y2.:QF
MIHIM!"45#HRFB=[TRE8B*S$[86FBS67`S'`O+BK,P"Q;L,7SE:D)G^QSXIR$
M3=7);THZV=.SN'C#/Z2$GN@47BIKS1DI=3=8D.X#T4J)4;*50CM$>T25A,_V
MNLN96?[4Z-DPTEO+@T23>\'7\/3/Y*5VNL*F_$*^SW6^)=Z+2]8%./^F\B^C
MJ=!Z;K^><70BG81-6]VB,(/I+":>Z"%[\R.BQVQ/-O`9:=$C4@J7:T`[1'M$
M%2.3X+`/!=3HV4R>SWYWX\!F]&)O>";$^>Y&RQ;YY2&>S]S_M$7ON`ROJ\^8
MU^>E[VX<G9).POS*G>6PUQ]"#N:Y_F"^N['FO)6>!!CI_L`H/("H'A-8FR5@
M*='(3F;XG</V#JL<5CNL<=C!8:W#.H?U#AL<-CKLZ+"3P\[,N`-FE_+K)[)3
M%YYONP4I81C=4&?6NIAK89G,)ED0[1%5B&I$#:(#HA91AZA'-"`:$1T1G1"=
M!5VVKKD03R2LZ/M(]A4V05J(:&6%,)N`DCW)+`DQ>0K:HU6%J$;4(#H@:A%U
MB'I$`Z(1T1'1"=%9D".$25));N*:LTYJJA*DA>!$E!D19HU1LF<FQ.29A`!4
MH6.-J$%T0-0BZA#UB`9$(Z(CHA.BLR!'B)`J4=>228B80M%K"%J#V=<)&-D1
M81Y4*I.9M/H.T1Y1A:A&U"`Z(&H1=8AZ1`.B$=$1T0G169`C1$AD>$+$!$<F
M!",](B*R0I@]='D]F24A`.W1JD)4(VH0'1"UB#I$/:(!T8CHB.B$Z"S($2)L
MR3TAXE8]$X*1%B(BO:H./\Y)K^$8;:[-#?9=,A-M]H@J1#6B!M$!48NH0]0C
M&A"-B(Z(3HC.@APAPG;;$R)NPS,A&&DA(K*M;N\N74]FTNH[1'M$%:(:48/H
M@*A%U"'J$0V(1D1'1"=$9T&.$&$?K(2X9*+HI=KPY?&G'HN\CGOG3*2(S/[B
MVMPJVK*GVEZ4B':(]H@J1#6B!M$!48NH0]0C&A"-B(Z(3HC.&<J7MF&O:T6:
MT\.<SV@4M\>91A%9C4RR8GL]F<FH*1'M$.T158AJ1`VB`Z(648>H1S0@&A$=
M$9T0G3.4:V0V[M-B"S?HUQ&%%T'5IN_:;,:WR2P),7D*VJ'5'E&%J$;4(#H@
M:A%UB'I$`Z(1T1'1"=$Y0YD0-V9#?IG1GA\L%Y=\K\[(#A:S,=\F,Q&D1+1#
MM$=4(:H1-8@.B%I$':(>T8!H1'1$=$)TSE"ND=FKOT8CW,;30BPLOJQ&9L^^
M369)H\E3T`ZM]H@J1#6B!M$!48NH0]0C&A"-B(Z(3HC.&<HU"GMG==&1">TF
M[JGUE861%<+LV;?)3%J]1+1#M$=4(:H1-8@.B%I$':(>T8!H1'1$=$)TSE`N
MQ!/;^!O<QC.R0I@]^S:9)2%B,/(4M$.K/:(*48VH071`U"+J$/6(!D0CHB.B
M$Z)SAG(APG;:&Q%QFYV-B(C"C\]-E_CY"F8F=DQ;F_(&T`[1'E&%J$;4(#H@
M:A%UB'I$`Z(Q0WESAKVSUYQQ3YTU)Z/44-L;0*4@6B1-C5XLKDVB9"=F*=A>
M4$KK5H*252TH636(#H*28\LH_*4J=F.R!%TRDS'88[!!4*K%F*&\C<,6V&OC
MN#7.VIA1JO?V!E`I*&_C&[/UWHE9"K879#S-%K$2L^19,PIGJ9O/;%R:9";-
M=\!@;;+*@IG%=Y?,)%B/P89DE04SJ\0QF5&P7!]O^UW0PX'A7#]]_OBG^=SM
M#6Z]&85?5=2M`W,->Z9V+<53WYZE[]R9R_9.RDR>^]=Y5NA9,PH?'IUJN[)Y
M@B992>L?,%:;K%(LJK^YVG7)3(+U&&Q(5EDP,WF,R0RD-)OT:;V$._&0N**%
MJWI"?,N(GB212I9BE;Y\OD.K/5I5:%6C58/H@(XM6G6(>G0<T&K,4#X,J#NX
MTU3@9F,64?A)KJD#%8N-F4NW]&S/Q5.W)WM2XR?/F>U[._3<,PJ_'94\%QLS
MZ57H67N>\/G91AQGUY='(.AI+#,='<0BG4XKH75#0.B.K?BYIH69;7N,.TA<
M?;(0=\SCII;(9`U?`?=DO?!<5D8DJ_3_K5BE<R[%2M>-Q#=GM4//_1.>YAI2
MH6<M*%UO&T&I9@=$+:(.48]H$)1*'!G1+V/9:6<3MK+.%?["31O'7:\=.J:O
M;<4SG5W)*!\`.'30<^]Z+C;F"EFA9XVH$<3CA'YIPDS/![%(=6\1=8QH4*3Q
M/+>?8.C1<4`TIECAZ:5TU<T'PA-[Z0WNI06E,]@B*AGE@C@#@>.G8/LG/&$@
M@&<MU4C=LA&4XA\0M8@Z1#VB05`J<63D#80GMLGAB_3F&L+(#H0DWN4WC;;B
MF<ZN%$\S`=DE$WKN/<_-C>F_%3K6@E(C-(QX4I_;*`=Q215O$74IRK.C@)LO
MQ1HD5JK1^%*L?#2$/:XW9?'>5ST@LHG(*F66>%LVTZLG\31*P:4"]MO[UWE6
M6&8M*#5,(R@UWP%1BZA#U",:!*421T;>"`E;9M7N^JES;[-!G]N!D1.1U<-T
MXZUXIK,N&>4S%KV2E;\)L$//_1.>:<UQ&:T5>M:,Z-?K9%'1"(HO%13V]R$.
M&*45I);K71[&=*I>/-+I#^*0JC(*H@$VK2KU52@?,V8C_Z)VN,&G7]L)<N;:
MV>=XMVR5#25(`^S0:H^H0E0S"C^7I4[:S)\-6]$-A,M%=6;WI`>,W$XHS[F9
MT)U4(#YM;!?:_11EZC*#>#Q;Y5&L8MQ4:JYBV(0_-P+-T[T;WK3K&3&B[(-?
M]*.W^3#:LJ/ZWE>):(=HCZA"5"-J$!T0M8@Z1#VB`=&8H;R9:=+7S2Q;\?`C
M&W8IP(@^:I$Z9+&<F2&]%5>RD[FD=-C.87N'50ZK'=8X[."PUF&=PWJ'#0X;
M<Y:W;MA'JTX\M2YON75GC2B_TPUOE6[I(R-!%S)+;0MHAU9[1!6B&E&#Z("H
M1=0AZA$-B$9$1T0G1.<,94)<?D#44R(>R#=_PO)[0\N9W?TINTD,A^T<MG=8
MY;#:88W##@YK'=8YK'?8X+#184>'G1QVSIG1QNS+7[I@7WX&SDQ.$TN3SE88
MW;A5^L2=O6*D#S#2!QCI$UF6D=W,S>J*))O,I%B2#!A)!HPD`T:2`2/)@)%D
MP$BRR"@'174QS6YVVB\W.V[!+[_-%J3(FCW:Y3\A![?T2O'-?G#3@R1&C*A$
M(S&X-D_^EB8)D4R4$A'2(D08*9$,+Q_;G=GWTDB89")^I`S$(F62(<<R%T@2
M*IE(+%**X65_8I0*&TOG,E+,>,>IKB,3RQ2)=O-"IW'HTFUR2R1),I2:T?!`
M2))$F$L2F6I:T@`8#0;P)0G`CMH<&#4Y^%*3@QVU,3!J8NUKFCAL;MTFYEUO
MUL3,LB:.3+4'M69DY@WBY<QD3ZB%DZ$T.[4P1*1.'UG^AB&DG*G5HQVG/>"]
M4Y(`@I,$KPI.LIC@9F-*&D%PTNA5P4FW/+A=KI.(.K@1\0=W[<4,M^T3R\2-
M=KFXO+_/OMM#8RKM9RZ;;1(W&2IQ(2*)&QFE2<6.A(R,/R1G9A*2$<*0C!"&
M),O"K$T=23&(0XI!'%(GBU,LC/2DC@YDU#'[<ED,%S/<@$\L4R':Y2H`HP;G
M>-F[URO[T"@-,/`E#2++IS".1[-GF-'I-\7R+23)`)%(!HA$,IA(CA`0B82`
M2"1$'FEMT_NDA(YDE'AI;VUNI1=T%\'N!B>6*13M<H4BRR?!F[FY])!JR4ZZ
M/TD$`4FBR&BQ+W8T3"+C8?*/`@<*!"*%(!`I9`*9#DXC!0*10!"(!#*!S.:!
M]-&!C#YF4_[RR@QWZY=+!*S,HEVN#S#2@N-E(XCF-I-,)GW`F?019[W8\*Y1
MT8Y?9E]LS*1$HPJ"DV:O"DXZ9L&7]BOOI",$)QU?%9RTS8*O[3**M-7!C;9A
MMZX6&A=M_6>NXV,M)L\5?CL>QR*G`*A+3:E"DLO,4[0AFNQDZ-`B!1CI#XRD
M!D92`Z.A"(R4!$9*`B/5@)%0P$@H8"0*,-(!&&U8@=&&%=@Y9U'#=P^?[NX>
MRP^/'W[YZ>O=]S_NMG=?OCR\^7C_KV_4[`6M!!1_\_WN]Y_?OK\I;L.3P]3>
MDX<<F=.1R[(2CBSHR&5>M4<VF]N0Y7"BT0;[EBI]^?R']:)S"<=<O^O;\^5!
M`NMS0U7PR@D5\/B"ZAPS?C;2=2C"+>.:"J'71/!LJ%>N;JD;KOQCU^&8%_'7
MXO97MT5)!%<#DL"U#R?CE/WK\O;7)]IQ>7N^/'UDSWYU>_;.XOWZ]GS9@1I[
M&J/S<'9>K6B\S6]I@'G':#S-;VD`><=HO,QO:8!XQZB\12C/.]NP@0G'O/.B
MI]-NP[-GJ!T]:W8;'B3#(_3@V&UX*@R/O-_0$4I2>T=NZ(C71Z@UBG!6GJ[;
MZ\5M>.\8XVVOEW3$.Z/R>D5'/*VVUVLZXJE%CZO2N7H^]"0FM8_OLR8?[P@]
M(TGMXQUY?TW#CM[CP?-Y?T/#GF[^X!'ZI-EM^`Z9=V1-1[QRMNO-;?BJ!_IL
MKV?4!EXYV^N"CO@JS.F(U^OH>^"W%7W0&LNACT?3$4_O[;J@6GOET.<WZ8A7
M#GVKD8YX_8"^]$='O'Y`O^U#-?#*V:ZH'/I-%*PU_58)'?'*H1^SH"->.?1+
M"'3$TX>^AD]'/'W*)?G0+UYB#>BW*>F([T-M'5]6,',-_;@='?':FGX:C8YX
M_8!^((OJYO:#!?E0:M2K&_G0[Z5[1ZBMZ;>VO2/4UO3SS-X1:NMXMP[.A]J:
M?B\6?9K%^O9`"TT\,M"1T3W2+*[)Q^NC`QT9W2/;!;7HPFO1AHX<W",#'1G=
M(]O%[+:D%`[6>KN8TQ&O=9H%S6]TR]CSH;ZS\/I.LZ!9S#TRT)&3>V0[IQK0
M@]1..?,%'?'&PG:^I"-NW>9K.N+ILYU?TQ%/A>U\0T>\_K8M*%KA1BLH6N%&
M*V[HB*?<MJ!R"K><.>DS=_69%W3$Z]?[@GIOS):;WMO2D<X]LBVHW>A7`;"M
M]W2D<H^T=*1SCVR+%47S^@&M\<,%U2EG6]#YQ)_4,;7>TY'&/=+2D<$]LB]H
M;,?W*4RTEHYT\<B[Z=##+S_]]>&/N_[#]S\^?WMX\^7N=UILT[?>*=/T_?,?
MGZ;_>;S_BQ;A;]_\\_[Q\?[KY9^?[C[\=O<]6)/Q[_?WC_(_U)3O_K[__N=E
M0?_+_Q<```#__P,`4$L#!!0`!@`(````(0!9[[D>BPX``'Q%```9````>&PO
M=V]R:W-H965T<R]S:&5E=#(X+GAM;)R<VW+;.!*&[[=JW\'E>]LB*<DV*\E4
M+)Y/M;4UNWNMV'*LBFVY)&4R\_;;(+L)H']&2>8FBC]V_P0;#1`-D7KWVY\O
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M3`]\VNV^&-/RP2!RO@+OK.^!?^W/'C:/ZZ_/QW_OOA6;[>>G(W7WPKC<[Y[I
M3/3OV<O6Y`!=^OK/_O/;]N'X]/X\6EXNKF=1$"[.SSYM#L=L:WS/S^Z_'HZ[
ME_\-1@%+#2(1B]"GB"PNPYM%L%C^@LJ<5>A35'Z]*=3H_GKHDT6"RYO%8KZ\
MN?[YZUFR"'VRR.(RF,_ZBSD1AFMVHT]V<]I_PH\&7=]F^OS[;;YE$?H<3SX/
M%]<W?4>>.'M`R36D@,FRH7NO+Z^#V6UD0G;*<TP>^L_?;WD02@-L_LS'>/]D
M"@:2/>8_W):?S^2K853THRE9']<?WNUWW\YHBJ(+.[RMS807Q$:9QQ%'91Q9
M-,#OC?E'8__^G#J2QLR!Z!\?@D4X>W?U!XW5>S:ZFS#R+59B8<:KT4TT2#7(
M-,@U*#0H-:@TJ#5H-&@UZ!QP14$<(TF=_$N1-/8FDA*".P$VM*&*FEB(2Z)!
MJD&F0:Y!H4&I0:5!K4&C0:M!YP`O:C0BW*A)FAE,,[639F%T[4?C;K`)AIG:
M)-$*2`(D!9(!R8$40$H@%9`:2`.D!=*YQ(L5#<^I6!E,PY<B[([)0$5KL)K3
MA.=:Z0P;K<84`Y("R8#D0`H@)9`*2`VD`=("Z5SB19"N?BJ"!O<1E*N^&\B<
M;G1NM"(_IJO12OP2("F0#$@.I`!2`JF`U$`:("V0SB5>M&AU,!4M@_UH,8G&
MN6P%)`&2`LD&$D8TQ8YAOXE4CN;62L)>@%0YD&O;I`I(#5X-V+1`.M?+"Q<E
MRU2X#/;#Q<2V;04D`9("R09R0_TW1HMNQG,_2?/1:HP6*)4#<:,%I`:O!FQ:
M()WKY47+%&+.PD,F?H/]:#%QH@4D`9("R0:BH[50T1JMQFBQDKU1EZ.-%_>E
MKU2-5J)4@U(S$"?N+9#.]?(B2`MA-X*\=+LT:]KCT_;^R]V.TB(85V[&W(\L
M$R>R`YG3.GG,J'"A+BP9C>3"4A#*!A+1QRA$J:GNX/EH)4H%*SG!'FT\I1L5
M[-%*E&I0:D8;1VFNEJ[M:"1"G2ODQ=_4%6X'2`KWW(^T("?4@O1]^]:_LL2Q
MDR:EPJQ<)LA\CB&GZLA7RQTSLW:_");JGE:P17@[3N:EXW1"NW+,!FTE7:-T
MX_B<D&X=LT'Z6B5E)Q9]YOC=9!;L$S,-+1SU@!!DX[I"E"!*$66,G#CFB`I$
M):(*48VH0=0BZA@%$X$R:W0G4/V$$BXO:8=C3.UA&4\Y*[EX9_+7S"MNS``E
M;!72[6#,SF`1J=&7HE@FGC8?<T;1;*@_(Y4+!;J4B"I?)50B-7HTB%I?)%BJ
MM4K'QZ>B;9;Y.MK!XKO3-P48TI61&WI`"3OJT*OZ(!5]*Y8QBFQOYX*B/O37
MJO\*.9?MK%(\K$@EB-HZ)D.X4%-ZC5J-.%JM5M!T@SH^/!5_4R0X\1]3?"@>
MJ.-LBC.RH5F9K1+*^KE["93/JOL3:R9B*2-JF*",T=*B7*QH6C,37CA3Z5FP
M@3.]E"A3:1FE4J-*@RJM5M&7V8G!Q)QBBHNI*`]%AQ=E1C8**]K057-+@BA%
ME#%RHI,C*A"5B"I$-:(&48NH8S25CJ:L<`+UH]5<P&6(FZ9N9=+OJJW82J>I
MNC$GUDQR,A5]VQN9H'`YIF[.+!J&WUP)%WS8Z8=R0J7R50*E4J-*,Z'2^BIZ
MV=J)RT22FB+%B?TX%7#QXL;8K6<XQH"2`%"**&/D#?O!T4$%6WDA!*L*M6IT
M;-"J1=0QFDI24XLX@9I:(7"YXL:,D4VE%6G#P!Z0ODVI.TR*GADC)T(Y(UXA
M7`2ANKD4Z%,BJGP9-;G7Z-`@:GT-:HJ:@SLVH`\:?/[*U90>.MRGE@A<JKBQ
M9^3&'E`2#$C''I8(X)FQI[=$&*QX2K@(E$HA)W/7".QB&UZ)\#"Q7*@RO4:1
M1CRL2"N(10((/5\0AC[\3FW7<[^V$^2$F)&>=E4")=9LG'91+&/DS`FY6/'J
MX"*(5-58L(4S)DK4J;2.GGA1I4&55JL$<W6AG5A,Q/D[Q5F(Q9D@-\YL95&"
M5BFB3%#?H'X:SQ$5B$I$%:(:48.H1=1YR)L+PJGB[,1<T-NK1(6R;,56.E'5
M%F)BS6RB@EC&5NY<((@'X*T:@`4?]])T$'94*E\E4+>$&D4:\7#F`D'<E!O5
ME,Y3\4-O:BIG&I;E0<BUECW)G2";D"M$":(44<;(&_?#&1U4L)470;"J4*M&
MQP:M6D2=Y^@'2I54$\N#$*LK06[,H.!*V$K?HE0NI"B6B:>]W^2,9`,A4+MD
M!;J4B"I?Y4+O;M;HTB!J?95;=4&=Y^%'6Y56/ZH8S(,J:@-8D!MZ++G82H=>
MW==3%,L8.6,Y%S0,0[W4+^1<MK-*\;##K!(TB*C9JD:-1ARL1BN(&Z)2H/-$
M_+BK2FV<#K`BHTI)+7-7C/P9=ZXFH\1:V0D7M#*V<J:#7,[(*X-`[[`5;.#-
M%X.R(U,IF8L05@:#CR/38&M:)1/,(,JNC!]E4^,XD^X/LYM++MO#=R9AU<XD
MH@11BB@31%<D/9)/L$*8'5&E(,>UFF"U,.O:"')<VPG6,1MZPP^CJ:I^)8Q<
MF+EAA%IM%0[(3^)%I!;IB363F*6,W-TO1A&E@K,;J#(EMU9F/RQ28[[@PTX^
MEM;CA&YEK::_LT#AQKJ<$&ZM5;^!IV;+SM/UN\P4):>Z[/?=&RWLQCUYNF:8
MUQDYC\:(E44)HA11ABA'5"`J$56(:D0-HA91YR$O@'1;]P(H$W3/_24Q(_6<
MA_Y"867-))$31"FB#%&.J$!4(JH0U8@:1"VBSD-^\+Y3D)EG,M3J0=`UK=:<
MD:ON92O'S$8/"K>4S=3W\_JAK\R:B5B.J$!4(JH0U8@:1"VC8<NF+Q\[0?WL
M[4=456YC.G(%Y4RUM%#2=RQ$":)4D*UG,T0YH@)1B:A"5"-J$+6(.D$3@5)U
MUH]N^;3#!"G)R-Y#5V)E48(H9>0]L'`;JDD[LU8V^88SDJ.@`JU*1!6B&E&#
MJ&7D)9][V7[R399DD?E.=_(AD0CK,T'>,*?ONM26ZLJQDU`DPFQ>IHSFY@9F
MOM@*U*T\LP8BDS.B6DA08:U81JU02VL@/A7*U-:*9=3656,-1*9EY'7`$#:S
MAS#.A!0BNROG=XJJW,89`2NT:$#7M)1UA/53*RMK)JU,$*6,G#!FB')&SN45
M:%4BJM"Q1JL&48N.G5CURVT_>*9DT,NCL,_H,8Y#5>%^N6A6EZH68+10H55C
M/D'/5#QIE35V"CQJDUDKDUH7>I,A1^'"NIP0+JU5G[,J\2O4K:W'"=W&6O4-
M5N.R%5T[ECOQ4"&T8\CO.5./Z9X[L849&7NU7AL0]9GD^8JM=#>JJ"0B9F\#
M*2.Z(8E8QF@9]I/3A0I!CB(%BI1*1%5%%8K4*-(HD6"FVM*B3,=(A\)Z^MVA
M2L-Q]&`)&&$)B"A!E#)RMA8R0>:A(AH6^AZ;HTHA+K;O2D&#2J#N116*U.)A
M11I!W)1@IF1:E.D8^3%VMK'\$/^HE%./:)KEA\YX1K;9*[&R*$&4,O*R>]"2
M[%97FZ-(@2(E(Q9197J%&C5J-+[&A5Y*M*C2,5)Q_TYJFP=8W9E&4KOG_HPB
MR`9SA2A!E#)R4UN0Y).:@W)4*<3%GKX4Q*FM[D<5BM3B844:0=P4_:!6BRH=
M(Q5A.WMYF4W+M^D(8YG8FU+0;>M6B!)$*2,J],?Y&:UR1`4ZEFA5(:K1L4&K
M%E'G(3]0WZG^YEC],=)K/=L#P_,FUDS"DB!*&7G!@^HR9RNG;PIT+-&J0E2C
M8X-6+:+.0W[P3%VC5PSF&Y&IY]O-;J2:/`6YJ3=8^5E.;\_ZSTDGZ)DR<B=4
M1C*AVMEH^$J9#SM]4*!(Z8NHWJY0HT:-QFJX"SPUP;=LY?1VQ\@/Q\Q.7'YW
M3!63)Q9P]/XW],B`=(ZKV\B*/<G,YCB+V;Y,V6IY<N<XLU;3ZW!II14NK(L;
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M0\^;TI&^9M=J(:G18T`3:B$E$FV<3!TAM>&K+Z66W<3Y5.^4-S&]=H5*S4U,
M+U8A7]W&]#83\NPVIG>3D)>W<37%F]N87AQ"^VP9T]N*R,ME3*\C(F^6,;UP
MB#R[CO-^*E1Q**_C:HHWUS&]BD<Z5Z,#_23&V_KSIEWO/V]?#V?/FT<:\K/^
M;8/]\.L9PQ_'X<NELT^[(_T8!BW;Z"<!Z%=.-O1Z]>R2-J,>=[NC_&%.,/YN
MRH?_`P``__\#`%!+`P04``8`"````"$`S+;RL%T#``!'"@``&0```'AL+W=O
M<FMS:&5E=',O<VAE970R.2YX;6R,5M]OFS`0?I^T_\'BO8`))"5*4K6KNDW:
MI&G:CV<'3+`*&-E.T_[W.]N$@"%:7T+X.'_?W?GN[,W=:UVA%RHDX\W6PW[H
M(=ID/&?-8>O]_O5T<^LAJ4B3DXHW=.N]4>G=[3Y^V)RX>)8EI0H!0R.W7JE4
MNPX"F96T)M+G+6W@2\%%312\BD,@6T%);A;551"%X3*H"6L\R[`6[^'@1<$R
M^LBS8TT;94D$K8@"_V7)6GEFJ[/WT-5$/!_;FXS7+5#L6<74FR'U4)VMOQX:
M+LB^@KA?<4RR,[=YF=#7+!-<\D+Y0!=81Z<QIT$:`--NDS.(0*<="5ILO7N\
M?L"I%^PV)D%_&#W)P7\D2W[Z+%C^C344L@W[I'=@S_FS-OV::P@6!Y/53V8'
M?@B4TX(<*_63G[Y0=B@5;'>BEV2\`B7X1373-0"ADU?S/+%<E5MO$?O1;8*3
M991X:$^E>F)ZL8>RHU2\_FNM<,=E6:*.!9YGEJ6?K,(%_C])8#TRD3P2178;
MP4\(R@,D94MTL>%U!"G,-'BOT:T'=0I.24!?=CB);S?!"V0CZXP>K!'\7HQZ
MBP#H>PUP>$9#HUI#ITN+/EA@R!?-\RUF^30*B1VZD\1ISV`UK%%LMG7H8CQ+
MJ5%(##AV"7&:A\X*'@.K).R51[F`[9[)A4:-4)^,#EF.2?$\*5C-D&IT3&J1
MQ%;U,/S5B`"90@XC?Y7T%:$MQF0628;[A9/DRI;ID7<I,R.P2'MR_75,;A&7
M?#$??CHE3_#0>6TPYK>(RQ_/\V.8#*[W8P%C,5;H(%<BN2*AF\E)$$X6PR"P
M-G$T+.1J+*]HC/MP;I=UJ;L:%G(U5E<TQKUI--*PWVAL^P]D^D+O()?_,FQ&
M[8/'C3H;0]^U%PT+N1J7X3#6F.]1F.R3W%AH.D[PN".-FQ%>^9=^,A;.;G8-
M"X_!(%E>&21XKF=7J0]G03_%ITUK5H&LHW%EKN"9MHT6X4ACVKMFU53CRF2`
M`WI2^8/18#X[>>K:V8G!'0[VV+:'74W%@7ZB5251QH\-I%>?=3W:7Q?N36&Z
M>+R^M]>(H/\"IWM+#O0[$0?62%31`CA#W:Y(V(N`?5&\!>?AB.<*CG7SMX0+
M&X7S+H1J0`7GZOP"Y1KT5\#=/P```/__`P!02P,$%``&``@````A`#RMJD4A
M`P``\0@``!D```!X;"]W;W)K<VAE971S+W-H965T,S`N>&ULC%;+;MLP$+P7
MZ#\0ND<2];!CPW;@-$@;H`&*HH\S+5$6$4D42#I._KY+4M;;:"ZV-5K.[,YR
M26_NWLH"O5(A&:^V#G9]!]$JX2FKCEOG]Z_'FUL'246JE!2\HEOGG4KG;O?Y
MT^;,Q8O,*54(&"JY=7*EZK7GR22G)9$NKVD%;S(N2J+@41P]60M*4K.H++S`
M]Q=>25CE6(:U^`@'SS*6T`>>G$I:*4LB:$$4Y"]S5LL+6YE\A*XDXN54WR2\
MK('BP`JFW@VI@\ID_72LN""'`NI^PQ%)+MSF84)?LD1PR3/E`IUG$YW6O/)6
M'C#M-BF#"K3M2-!LZ^SQ^A['CK?;&(/^,'J6O=](YOS\5;#T.ZLHN`U]TATX
M</ZB0Y]2#<%B;[+ZT73@AT`IS<BI4#_Y^1MEQUQ!NXU>P@M0@D]4,KT'H'3R
M9K[/+%7YU@D!.E"I'IE>XZ#D)!4O_]J76*NVBX-F,7Q?%B_<>.F'.(C_1^+9
M1$P!#T21W4;P,X)=`9*R)GJ/X74`SB4:W&MTZ\#VA*0DH*\['"^BC?<*)B1-
MT+T-@L\NJ(WP@+[5@(1G-#2J-72)6O3>`GV^8)XOG.73*/C92R<(ERV!E;`Q
MD6EF/\-HEE&CX`ODU54XM:&)@J]^5-PJ#ZR`1O6L0&:C!+<N-/!BO8XPHJTO
M#;(8"BSF!2!J+!`N?;?CUP%#_@89\7?6#0I83OEQA-OL]>LA>X.,V&_GL]<'
M8K<;C3V1OW(7+;\.&/(WR(A_-<^_FO*'8="W7T<,!1ID*+#TYP4PG!WC"H(X
M=I==`TS(4.("C33P%0T]>".7,(Y[/<;-:`;=<%V@D<25"=-[?B*QZIT/S:SV
M!1IH)!!>J6$XPZ;3,1[89&<5,FD'`3?02*([EP8[%<\/M8%']ML1#L+AI"^O
MS#"<[!-SPJC7X.D(FR4@.LI\/,/V@K'G<TG%D7ZA12%1PD\5G"W:_A9M+[:]
M,6B,1^N]O8"\]@W<0S4YTF<BCJR2J*`9</K:<B3LE64?%*\A4[A0N(*;R/S,
MX:\%A2-:GR,HXUQ='J`U7OMG9?</``#__P,`4$L#!!0`!@`(````(0"Z>#J4
MD`(``"\&```9````>&PO=V]R:W-H965T<R]S:&5E=#<P+GAM;(Q4VVZ<,!!]
MK]1_0'X/YI*]"HB216DCM5)5]?+L!0/68HQL;S;Y^X[M70)LU>9E%\^<.7/F
M8B=W+[SUGJE43'0I"OT`>;0K1,FZ.D4_?SS>K)&G-.E*THJ.INB5*G27??R0
MG(0\J(92[0%#IU+4:-UO,59%0SE1ONAI!YY*2$XT'&6-52\I*6T0;W$4!$O,
M">N08]C*]W"(JF(%S45QY+33CD32EFC0KQK6JPL;+]Y#QXD\'/N;0O`>*/:L
M9?K5DB*/%]NGNA.2[%NH^R6\)<6%VQZNZ#DKI%"BTC[082?TNN8-WF!@RI*2
M006F[9ZD58KNPVV^0#A+;']^,7I2HV]/->+T2;+R"^LH-!O&9`:P%^)@H$^E
M,4$POHI^M`/X)KV25N38ZN_B])FRNM$P;9NO$"UD@E^/,[,"4#EYL?\G5NHF
M1?'27ZR".(P6R-M3I1^9B45><51:\-\.%)KL`TET)KD%F6=_Y$?K1;A8_I\%
M.T6VDIQHDB52G#S8#LBI>F)V+=P"\[F$LXZA*&AM8=#W!FZ#0*X"ZW,6!5&8
MX&=H4W$&/3@0+/D`FB%V%X2IS_#F(P,&98,\*'HD[Z+"6&<J-C,-?X%,$;MK
M1!Q,(?DU9+,:(!.=\42G;6,<#%TSWA0!V]`0Z%HT,-D6/#C0K9VYZ<EN;LA'
MADERF-NH2?/DQ@L+-TH>KM?K67('&B6?&_*189(<%O@?R8WWJO)XEMR!5G:=
MXN74N1L[%V_==VLS=H;QF]<I=!?7K3NGLJ8[VK;**\2QL[<M2P:K>R\>X+VP
MEPX/#KC&/:GI5R)KUBFOI16$!OX*,DMWX]U!B]YNY%YHN,#VLX&'F<(@`Q_`
ME1#Z<C!ORO#49W\```#__P,`4$L#!!0`!@`(````(0`V;VJ(2`@``($D```9
M````>&PO=V]R:W-H965T<R]S:&5E=#,T+GAM;)2:6W.J2!#'W[=JOX/E^U%`
M46,EV8IW%!6HO3P;0R)U5"PA)V>__?;`#`/]9SW)2RZ_Z?G/3'?/#;C_X^?I
MV/@17I,H/C\TS9;1;(3G??P2G=\>FG_].?LV:#:2='=^V1WC<_C0_#=,FG\\
M_O[;_4=\_9X<PC!MD,(Y>6@>TO0R;+>3_2$\[9)6?`G/5/(:7T^[E/Z]OK63
MRS7<O6253L>V91B]]FD7G9NYPO#Z&8WX]37:AY-X_WX*SVDN<@V/NY3ZGQRB
M2Z+43OO/R)UVU^_OEV_[^'0AB>?H&*7_9J+-QFD_=-[.\77W?*1Q_S2[N[W2
MSOX!^5.TO\9)_)JV2*Z==Q3'?->^:Y/2X_U+1",0;F]<P]>'YI,Y#,Q^L_UX
MGSGH[RC\2$I_-Y)#_#&_1B]N=`[)VQ0G$8'G./XN3)T7@:AR&VK/L@AXU\9+
M^+I[/Z9!_+$(H[=#2N&V195]?*26Z&?C%(D<H*'O?F:_/Z*7]/#0[/1:=M_H
MF);=;#R'23J+1-UF8_^>I/'IG]S(E%*Y2$>*T&\I8G:_+$+-93VAWZHG-QOM
M27OZ+>WM5M>R^X.LYS=Z2SF>-7175.RVK(%MVCTQY!L5S<)95JEJX:Q;-;NR
M39/^D+VU6@/;[O8&_5\TJOQ"X5-5[4_VMZ]:I3]DJW>EJK>CV\XS)<NPR2[=
M/=Y?XX\&35OR0G+9B47`')KD3)E;TG-%ME'2[X7YD[!_:)(AY5%"],>CV>O=
MW;=_4/[NI=&HQJAJ,586(H>%[H2#*0<S#N8<+#AP.%ARL.+`Y6#-P8:#+0<>
M!SX'00FT*1!%-"@5OQ0-82^BH=PX4D"'QV*>5Q:JRH2#*0<S#N8<+#AP.%AR
ML.+`Y6#-P8:#+0<>!SX'00E4/$^K'7B^:Q=I+XII-:VD?=^HNG:4&]'"HGP[
M!C(!,@4R`S('L@#B`%D"60%Q@:R!;(!L@7A`?"!!F52<3^MHV?EJK1&8UB4*
M66FQZ9O,Z]*JH[V>$ZM#[94KLIDPT68J7E-$,T1S1`M$#J(EHA4B%]$:T0;1
M%I&'R$<4Y(B6?W)$)3"T2]4%1N`L,,IQ(TE*0<@)"X(]Z%:C-]%F2FN*:(9H
MCFB!R$&T1+1"Y"):(]H@VB+R$/F(@AS5!('.1'5!$+@:!$E*0<@)"T*OWV%!
MT&9%$!#-$,T1+1`YB):(5HA<1&M$&T1;1!XB'U&0HYH@T*&K+@@"5X,@22D(
M.8$@\)F@S8H@()HAFB-:('(0+1&M$+F(UH@VB+:(/$0^HB!'-4$0%]K2857M
M$P)7@R!)*0@YL3HTR_2>8`]Z;"9HLR((B&:(YH@6B!Q$2T0K1"ZB-:(-HBTB
M#Y&/*,A131#HIE47!(&K09"D%`1)]'EU`F0*9`9D#F0!Q`&R!+("X@)9`]D`
MV0+Q@/A`@C*I[+HF/2&H<W'&JSY6J.1DB2RZ8^A,[_5MENE8<RK1H#)'>GTV
M1V;:3,V1N1+3D5UHJTHW^M5N.-I,B2U1;*6M*F*#JIBKS938&L4VVJHBQBZQ
M6VVFQ#P4\Q6B8):\/6!7@T"9X1%+/(>H#79^1Z33KVI^E)E2_,O!EE8:3=!J
MBFBFD([8'-%"HKZ6=Q`ML>)*HFHJ=0T6?5>;J4&N46RCD.[%5B'=?0^1KU`E
M.(;!=MY`F=4$1UP7:W8<<2=AJYU"NI-C1!-$4T0SA?3HYH@6B!Q$2T0KB:K!
MZ0W8Q<K59CHX<MRZ8QNEK\>]54A;>8A\A2K!Z0W8+2U09C7!$??)NN#(>V9Y
MYDBD.SFF621"6%DF.WVVHDRD56G*326J>J]KP"J9ZY.9\MY<B6F_+&K%>@-V
M0'>TF1);HMA*6^FUJ-]A6JZV4EIKU-IH*ZUE=@WFGZTV4V(>BOD*54(-JT&@
MS&I"+6ZHI5#+QY0M\;@U/43[[Z.85E^S>%PCGLSR^2E1.05R9%4?,,`558GI
MFE.).I4!F09;]6?:3'EGKL3*.9!WHRK6N6/[D8-B2Q1;::M2W'H#MON[VDSU
M;(UB&VU5$H-A;K69$O.4F/:9+Y%%AYOR3LGF3:!JUB2!N"%_)0F$/3LN2:2[
M-19/XH65+;+GQZ-EF&Q[F"@+76DJD=6E4W(Q&'I=43V/S`HS(]/^9K+I,T?I
M15'GIK13F.72;-5<HO"JJ'%3V"W,RG&R;-;S-3:P*6K>;&!;F$FG6&S6>"CM
M%W7N,D>R&D&E1O4H+2[T7\D9^0"@O'=(I,,_-B6RI?,-DRVR$V6A*TTE^F7.
MY-I65[JGRP8[1^G%YZ2=PNQ_<@8&NBIJW`RI6YCEPNP@L9;%M+RK]6%3U+@I
MO"W,E#.8M(?2?E$GSY5O1LM@LR.HU*KFBWCV\)5\D<\JRODBD1[MF%X.YVN,
M=+QALAY-E(6N-)7HE_F2:ZM\,=D:-$?EQ>>4G<+L?](%QKDJ:MR,JEN8U0JO
M97$E7=0@;PIOF3#WA8?*?E%%KBPM'AKQ9C\+7A::/%GR-_7Y>]13>'T+Q^'Q
MF#3V\?N9=@-Z\?QX7^#\$P$Z3PW%88DF`"NAL\10'!2P9$$E8M?'$MKEAV(+
MQQ+:LJF=NA+Z2.$IRU+6_DA\O%"C-+*&]+(,6QAUAO0B!_E3=_A$KL("ND32
M,.J:H%LB#:.^Q**2NN;I^$WNJNL`G:6IG;H2.AB36EW)N#OTZYPUMH=^=G!G
MSAKWAGZO9HSC_M"O&_MX,*1G:^@3>M1"H\B^^F`MT',3&D5="3T$H5'4E=`3
M#0IZ_@U)(4??A5QV;^%Z=WV+SDGC&+Y2:AK9B?F:?T*2_Y/&%W%R;CS'*7T1
MDOUYH$]]0GHI;[3H;/0:QZGZAP;2+CX>>OP/``#__P,`4$L#!!0`!@`(````
M(0!6&*WEKS4``-48`0`9````>&PO=V]R:W-H965T<R]S:&5E=#,S+GAM;)2=
M79/;1K*F[S=B_X-"][*:[":[J;!]PB()$"#9L;%Q=O=:([=MQ5B20Y+/S/GW
M^Q8J$_GQ%KM;-R//@ZP$\%2A4`FBR1__X]\?_WSQ7P]?OG[X_.FGEXL?KEZ^
M>/CT_O.O'S[]_M/+__.?W:N[ER^^?GOWZ==W?W[^]/#3R_]^^/KR/W[^G__C
MQW]]_O+/KW\\/'Q[@0R?OO[T\H]OW_YZ\_KUU_=_/'Q\]_6'SW\]?,*6WSY_
M^?CN&_[OE]]??_WKR\.[7Z=&'_]\O;RZ6K_^^.[#IY<UPYLOS\GQ^;??/KQ_
MV'U^__?'AT_?:I(O#W^^^X;C__K'A[^^:K:/[Y^3[N.[+__\^Z]7[S]__`LI
M_O'ASP_?_GM*^O+%Q_=OAM\_??[R[A]_XKS_O;AY]UYS3_^'TG_\\/[+YZ^?
M?_OV`]*]K@?*Y[QYO7F-3#__^.L'G$'1_N++PV\_O?QE\>9^L;E[^?KG'R=#
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MP64,2><]\V@7\^#`?VC;9Q[O0L=$^8_O.V*,HGK$-IPP=!\;1@L=1^4_]$`?
M/\G7]3J8KI_=NV_O?O[QR^=_O<"LA%/]^M>[,L<MWI1T<N7([N=K"=?T^Q+^
M2XG_Z24Z%%?)5]#_^GFQOKKZ\?5_X>I\+T%O&T$Q8JL1Y0HM>7<9[#/H,N@S
M.&0P9#!F<,S@E,$Y@WL'7D/B;!(=_UTF2WPQJ0K>*C"URV1-([3)+H-]!ET&
M?0:'#(8,Q@R.&9PR.&=P[T"PAD%/UFY6\W`KFS%'Q^&VB%K>UB!<ONIE2V1'
M9$^D(](3.1`9B(Q$CD1.1,Y$[CT)TG"=>FEZ;1:,ZQBJ_<69!M';&K6\QCCV
M8==1ZM;"U.J.T9Y1QZAG=&`T,!H#"@HP0[84%#PIT(-^6PF=[DTZ70O3ECM&
M>T8=HY[1@='`:`PHG"[NV:W3+3B>;B5TNJMTNA8VGRZC/:..4<_HP&A@-`84
M3A=+C=;I%AQ/MY+E=;HAK=/I6MA\NHSVC#I&/:,#HX'1&%`X71Q]ZW0+CJ<K
MQ&X:6R([(GLB'9&>R('(0&3T))P1UFW^C&19\4-9+W[[X\/[?[[]/*VR=>8J
MX?%,*UG=VIPN,=<SV1'9$^DJ66^FI<H-ZK)TX?=S@(Z,@R0QR<,<4]8[-XOU
M]2:.KW$.0)+@H:Q'O0@]X8G',Q9T@SG/S\NW<5=;"],#WC'::WZSU0E:WLP"
M>T7K&1VXX:!1UG!4-#6,)UR61VY!.9]P73;AYJ2'_;:LM]'K-[C-^1.^RR<\
MAVG+G;54M!>T\"<LN[2.[#GJP&A09`U'15/Z>,)E9>-.>!KJR]4/&.FUH&NL
MH>MB*+@09(>_+??QAIXT]'869BXH62=12URPL^OE*HVM7J*NKZ:KY7:5%EH'
MV>XD#\]*/*;$2^OCZ+*L>)S+>?#(2L@/'D%>6$5A/*UL3U)GS$&FBU)U.,-I
M0K(1T`L2-]=IN730%G8\@R)+,J8DMC2+&LJRIZ6A+H<@4X_];2G9RLQIN]T*
M"AH6ZT6JT786ILGVG*Q39.?0"Q(1-U?)\$&;V"$-BBS+&+/@P<E\U4<594GD
M5#SGZJJKJ&!)D!W2MI38?'4MTHC?69A9HF2=1"WL_'I!.ER6Z5([:!,[I$&1
M91ECEL6M'5ZT5%92V=("3W=PJ*W;[:*NO((B078\6XD*`^EN0?-/;8@H,T2Y
M.LF%HD.C>D77]=8\]_]TG1[T$"WMH`TLQZBHYK!K,MHI"Z_93IG;Y%%&79`%
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MU[G>EG;NIK!CM-?L=FJ=('^?4%3G^,4-C15:[0[:Q-TI%&F62R.E+/R^1Y`L
M%/T(HN7D=DEH)ZA\ZC3?0Z[3(F'/[3I!U[Y*Y(6\9K^NMY7U^BZ5O0=./3PK
M]9A3+V\OJ0RK6$Q(]:,%6Y3\Y^>_,+3FVS$*T^E&XE7RZE:C;,SL&.T9=8*N
M[8E"+VAMU]&!&P[<<`P-X\1;%H=N_.A:H_1S6:?[DZLHU?N+-+RWTA)A-M?,
M+17M-;]IZ139V?6*+.K`:%!D#4=%4\-XPF6MUSIA60/Z$YY7BC;D<:=)(W.[
MG,/T[':,]H+\35>1'7>OR)^P')BA0:.LX:BH<<)E/=8Z85FG^1.FI=NVK!ES
MV;&VI=IT>]E9D!K8"PJG*]GMJ'N)DGO)ZBK=MPZ<95!D6<:89;VR#HH]7Q9^
M+1&R(/0B:(VX+4\BLHC\6&UG02:"4G42A66A1O6"5,0FK68.VL0/`DEL6<;+
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MQ5`7CV'D8X*PP55K$FGIE]R,]IK?3'6*[%KO%5G4@=&@R!J.BJ:&L3?#:A#_
MIZP&'W],7M:X:<VDR`YL*RCHN4ER=A:DG;KG5)TB.Z%>4+FRYTMHF1\J'[2A
M'=:@R'*-3^6*OLH:;[Z[/L]771;Z->:U(#NPK:#@"\,IW11V%F;&*%FG^>TL
M>T6VRP.C09$U'!5-#:.+LF1S+N:90)9R?B:@U=T6-5":*W>"RD)G[E4X2$^R
M]]RR4V3'W0O"$)DFQCLKO:<+\Z!-3,B@R+*,*<NM'4M4419]+16R&/0J!-E^
MMYB\:=%U8WN2F^@<9#U/J3I)Y1==BO1QS,)]S",J*,^@C;P*B9KSN,50E%&6
M;"T9LI3S,FC9N"WO#.05*`9!7HQ;F.F@9)U$!1T2):>QO.-I@_(,G&=4I'F6
M=W:(44=8A[I["J]#KP7YL5%1FA>65MS+Z)C#3`<EZS2_]6HO2"\3NDHHR<!)
MQICDU9W-\\'$35B"RN3YR.<A4WR\ZRIRA@0%0WFEN+.@V0^GZ@1A+:11O4;A
M@[$RC[Q:7J^LG^OEHR%V3`,G&C7*$KF)+6H*"]%G:.*%Z`VM.K>,=H+"0G25
M%Z+<KE/DUH^]YL+$43Q=;Y:DB8YI:"0:<Z+EI3GW)BQ$GZ&)%ZA3BKA>9[03
M%#0MULMTJ>RY92>HK##F&QH_%=3\N-<4=8VG@IQZ>%;J,:>^^%2P7#U^SJ;B
M)ST5G.+3I4E/4[<:95?&CM&>42<(@\DNQ)K>/Q7DA@,W'`75AO%"0[_XD]8%
M3'GVEU:X@I9E)3UW)09!NEJV+DZ/?-=@^P;K&JQOL$.##0TV1A;//"UCYS/G
MM2K>^BTRZ,SS`U$79V=N;97M&W%=@_4-=FBPH<'&R.*97UBTWO"B55`^\RLZ
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MJ_(5K8"WC':,]HPZ1CVC`Z.!T<CHR.C$Z*S(B_+G&$5]YWI]Q>MU07=6GVT9
M[1CM&76,>D&EFO5KO/Q$W<)T0A@8C8R.C$Z,SHSN`XI2GUJWIT]U5K)(=Q.A
MH""U1CFTXZ@]HXY1+PA_AEL?Q%WE3Y8/+L*$UB/8V+/]T85-3_2N\F?R1Q>A
MB4["7**S"Y-$:15_[R*0*`J_4#.LN&805);A\W#:Y(_YMA:EQ[QCM&?4"7(?
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M[1CM!:5/4/-?N73<LA?D=!T$A4>>]"'[P`U'1L=GY3IQPS.C>\LU#6+[B#QV
M0ZK+ZIL-ZQ_P&%]+M#67:(J\>5_13.-TQU%[0=%\?M.OXX:]H"!>]EC^G-,M
M1?+TP2U'1D?=Y>/)3MSRS.C>):L3B'W($^6G6F\VSC7=6I`W7E&<+:[29+&3
MAOY>QZCC]+V@8+SN4583Z9.=@1N,C(Z")$=^'_[$+<Z,[F.25U:81+VE.G+S
M\Y-33*VF_+R]%N2U5Y2TV^4E8W^.TCEZ+[E<3W2<OA<4M-=<F&'*:"+M=:MK
M,'*.HZ#'9ZD3-SPSNK=<Y7ALP$7YJ0)\4CY7AFM!7CZA'4?M!:59)DT,'3?L
M!3F7!XVZK?;=WPM,'3UPDY'1,659Y#_D/W&;,Z/[E`:K:%O:1OL7:L@UUY""
M0OV-QQ"Q8-Q:E([G':,]HTZ0K[\%!<OUN#"R-/W`42.CHR#7\,119T;WH6%T
M=Z'&6W.-I\@.>RLH3@_7Z:+=692>[YY1Q^E[0<%=/2Z947.I/W"+D=%1D"3)
M+_6?N,69T7U,<NG/^]:IPGMR9N#*;TH1WT@0%+WG6G5G4>9]+AD5=9R^%Q2\
MUX8Z+>=+>N`F(Z.CH#E+>E)SXB9G1O<IBWN].0[M5"`^J9X+1[P@,-7A?L@3
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MVZ-O&>5SG:FN=]92T9Y1I[OT^FNNC7TT>9`H&>4WZ_3>T"#;78^-@ER68\RR
M<"^-RABO.W99SISE/F:Y=5^+$=V7DNM[W-<2S1>6N.7D"9[1CM%>4'S-TKUC
M/IUNQPU[15?Q<4DJ7`\2)F]9KO)*<)#M3N3XO,S'F'E)G]UPYO/S,M]KRWJ;
M6BRO[3X>^^VIFC2]OGG+-:D@=_I;1CM&>T8=HUX05A1Z81T8#8+<[6/DJ".C
M$S<\"W+OD-Z'AE'@A;*R?%5/>A544!!5HQS:<=2>4<>H9W1@-#`:&1T9G1B=
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MV+'!3@UVCBQ:"Z53>>`\#9A?<,?,=PU!3[Z7Z^+,6DU7VBK;-^*Z!NL;[-!@
M0X.-#79LL%.#G2.+ULK2?KY"G;6ZY/>K[CM!5I%L&>T8[1EUC'I&!T8#HY'1
MD=%)D77;6=%T0M%*J%&<%:Y%[K@68;1CM&?4,>H9'1@-C$9&1T8G1=Z*/Z%H
M)50`",M?ZY3>.KCC"D`0!J1>/%M&.T9[S66#KQ.4EW[V_'"Z_GL+TUT>&`V,
M1D9'1B=&YX"BP5`"/,,@EP9W5`=L&>T8[06YNJ<3A#^'+,]NEO3:;&\!YJ[N
M']^2I&BP*$F3UHRC!6B;HR"7YF11DB8MXL\6@#31:Z@8W/7*%<-=1?&Y37X$
ML+4H/>(=H[V@H+2FWV#HN]<JTG."7AO*XRYZ4'#0`!ON@Z#',X_:4#+3@X*C
M!ECFT[,RG[6A?E_IQ0<%=Z'H<)W!1<<42M\#GA_^;2W,>J,F0S<JVDM4Z`W9
MI47U$N7>QCIPPX'1R`V/''5B=`X-X[`MJ_W6S;=6`>'F6U$<MNO\7=3;NSE,
MM>P8[04%4[)+;ZJB8(JB!LXU"G(-CQQU8G0.#:.ILIIOF:JK_&!*D)W)]JZB
M*(^^<LRBU-U>4!!%Z7N)TC=[\BN'!\XR,!ICEE>+V_06P9';G!B=8YJ%^W[.
M('03:HRG[T13?*P]%#G1@J+H_,G/SJ)FT9RK4^1N$;TP_;PWU88';6)'-"AR
M6<:8!:;CZQI';6-I3HI<FG-,<^DKO_"<O3ER)YZ$2J5B^]U*5!3JW@V8EC@[
MBS*AE*N3*'<*O1Z$?NR2/U$^:(`=TL!I1HV2-/BP+=VZCQIA>4Z<YZQ1>CCN
MTY0X>"\4+1LN6A39CK>,=HSVC#I&/:,#HX'1R.C(Z,3H'%"T4A;NC3ER4W@:
M:8*\E8K22,NOWD@N1-E(HUR=[M&B>D'ZGDU:(1ZXQ<!H?#S)D5N<&)UCDH5[
MRR7:_,YBIZS+LF5!IF$K4=$R3Y"U8;!,N;IYC[84[X7)!)E>VCMH"SN@09&;
M%<9'DQRUA24Y*7))SC&)N]E&RZD@TH<V^/,RLBG(]KN5J&B39\?:,-BD7)WD
M<J?0ZT'H=)0JRX-NMR,:.,NH41>R''6[93EQEK-&299+'VSC;Q#;<P`70E,H
MI@7;[Y;1CM&>4<>H%^06@0>.&AB-W/#(42=&Y]`PCK(+%<F&*Q)!<4BMW6>B
M]2FTA>D\N&.TU_RFN&/4"PJFJ&X9N.'(#8\<=6)T#@VCJ;+`;]U#9.'O'MCC
M1WVG2]1.;BLHRTO7S<["5-Z>DW6,>D'!%!W%P`U';GCDJ!.C<V@8394ZH&5*
MZ@-OBDJ&[8;03E!\Q6_MEI73R-MSRXY1+PBW6_\8@NX'=!0#YQHMU_2&#RWM
M*,F)DYQCDFL[DB`5OXT1K3[UB+$VB(N;F;F1J2P.3;KQNK!Y:"IS$R5^4*T<
M9]FMN_<JQ,WW,>D:YO+A=]8X'WYIK4)]N2=5*;K9Y3G-S!W76:%63;;V2NXO
M5"J+*ZDEW)">67!<XZ)CNAUK4X0YQURN:)P[%?QJG<3A-OBX8\H'QY6Y?%!L
M^<K@MF$Y76S'>;L=*QQ3'BB.>=Q[Y,GQA<IE<<6ER\QLY_@)0(DSAM\`)(8?
M`22&04L,0BOS4ZHR-[`@C]I"'K6%,(J#,&(0YMLF1Z6@:,RLBRNI-,(XI.H#
MCBI+XS"7,B[,C4-*!VW$H*TR*6?R<PC='`U2&AB<TSPRFB&5FD(J,4B=TY7!
M[#X$3H)++>$$/SW)2O$1Q%-!`O&51?&-278.<^(I'<0+<U<LS%>HDUF<%/$;
MEI0'8Y?S0/V<YW'UE`_J.1_<S_FFNZ2-MN2^5![.O18\BRLI28)C*E/@N++H
MN#')SF'.,:6#X\JB8HF36L/N%].D",>4!XXI#Q1;GL<=4SXXIGQ0;/F*8_<%
MM<GQA2)H@8\N<E4Y,YM0X5CBC&&2)89)EAB$$L.8K2Q.LA0'B<0@D=IB/J`X
M"",&8;YM<G2A)%K@NX;9465QS*UNTKH>WN8X'73P1@S>9!_F%]Z(P5MET1O%
MP1LQ>*.V\$9Q\$8,WGS;Y.U"@31]0TIZ_C,S.T\XJ@5+=)E50ML<IBJAC6H=
M:",&;97)S0E?)TR3)#6"0V)P&!.E//!);>"3&'S&/.[3UB2WE!)N<GSZQB2U
M1Y@TJ1Z!=&(P3`R&B<&PL#A%,L2\2*VAE0/AE2%D4FO(Y$#8##`:+.OB[S(X
M-4CUD[`T1.U/E>LCD(6%Z1#%KS/7D@5-E>'GF2MSBZ%N9OB##0W$+S1+(-Y(
MG^ZA^7NL\(/-E`J_V*RM+!5^LUEA3?5JD7_\Y#B'V*&>9N8.ZVRPYEJZCZ>3
M_%($?,_PU9^6]L-76/R+XIOT$=46CZVG:1IAZ@_RB4&^%"9VEI!?V1-?&3V'
MR5=&WZ8!@-Z@W.B-Y^1&_TB8_/9I_B5A]`[E1N\\)S?ZJX;A5<%I%-U<^@AT
M@4^-'^^O]!<-M4&^6*BX0><00^<00^<00^=4YOZ(`1<&,<BGMI!/<3!-#'*I
M+>12'$QZEL9Z*37FL6Z_.+#`94[K!V'T;GEZE`1QM;%_)1_F&$(=0[AC"'D,
M88\A]#&$/X80R!`&&4)A@,EA*1F:#K7`F"_NM_BR@LDK.4PW93BT0#<U,(1#
MAG#($`X9PB%#.&0(APSAD"$<,H3#`)/#4A,T'4JQ$.96*2K"$[K%FM[,7\B/
M;Y?7JIU#:ZT0#AG"(4,X9`B'#.&0(1PRA$.&<,@0#AG>)YC$EMJA*58*C2!6
M"HTL-CT8P>"T0'6("YPAQ#*$6(80RQ!B&4(L0XAE"+$,(98AQ#*$V`"3V%)<
M-,5*)1+$2B62Q.:?BX58"W1B&4(L0XAE"+$,(98AQ#*$6(80RQ!B&4(L0X@-
M,(DM5493K)0D06QE3_X)`/X8%EG+;Q/8*](8L0PAEB'$,H18AA#+$&(90BQ#
MB&4(L0PAEB'$!IC$EH*C*58KD7F6Q'U*F,V<&)S$H)`8#!*#0&+P1PSZB,$>
M,<@C!G?$H(X8S`FSH0!Q/BYZFWZDW'E[LIS57S7W`U68?V,>/^0YC4G'=@VV
M;["NP7IERUATK-VG&/+D3W9<`G66&7QKA6,+'EOPU(+G%KQ/,+DNB_[O<BT%
M1G`ME8-5DMN%_+QZ=$UQ<$T,KHG!=65+_'Y(?8B9GX\??(@*A>7:#B\Y*(-D
MRI56@U!N(=H.RBD7C%N@'%=:G<._A2!7\E]*!>=_?JXMO[Z.4D+W_W:AK'P'
M]OR6_,+]"),\87!QVA@#78H7-%8(^PRA7Z`%0G]E>)U&&\,W,>BNS'4[=%,<
M_!*#7FH+O10'GYXEG:5L:.JL]434*<S.$\-66%2\=A^\3XZATP+5"'0RA$[:
M#716MBP3P]R3_(W6&K?`%W=/17E\(@G=-4_4_:S<Z`(YKO*EX.X8TF>YZ!;:
M![KE6?M`5]D^RO';D^_4;:52:79;+6%BMPD+W28L=MM=^E81])K%N5YCB%ZC
MO:#7*G.V<1%HX]I#RU5ZW(,^HE:X)(BA/W*F=/3H"6J%GB`&ZS$3%BGSN$G>
M2W73]%[+GNA=6/`N+'I?N]<6]7*Q0">>(<33;B"^LBA>&\NO_UW;X)KV"?'4
M"N*)0?P3F2">6D$\,8A/F=PWC2;QI=!IBJ\54!0O+(@7%L7G7\C!@+<XYYTA
MO-->X+VRZ%T;B_=-NG?".[6"=V+P_D0F>*=6\$X,WE,FO%=R:<270LB)?WIM
M62NGV"'"0H<(2QV2'D"C0RS.=0A#=`CM!1U2&5[XU\:8@;1Q?2B<?P,3_5$#
M7"^B/R@1^B,FP@/A6>)T1:$_*!/Z@QCZ(V9:NM_`2M=!*9^^JSMJO16[0UCH
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M@;87V*S,G2EL:F.Y/6)-$*]:R*5FD$L,<E.JY5VZF\`U-8-K8G"=4JTN_=8,
MOD'PDOI:=869=PK&Z#8I4"]Q27VZET"]Q3GU#*%>H.T%ZBN+ZK6Q+,77:1:'
M>6H%\\1@/F9:Y,^1(9Y:03PQB-=,];$%/I.Q@TICOI1*S3$O-92?>LMS[?+6
MC"F!>*VU\*_=RC;I<03$6YP3SQ#B!=I>(+ZR*%X;5_$;.T59B7,C>*=$\!X3
M+=V/H,@*A%O!.V6"=\TDWJ_<'P0D[Z58:GJ7*BIX%V9&X%VK+>S2>4\W:WBW
M..>=(;S37N"]LNA=&\M<LW0?V:MY:@;SQ&`^I5KDG\_"D*=F4$\,ZE,J]PI)
M,E^JI:9Y*:.">6'!O)9;T7SZ]`SF+<Z99PCSM!>8KRR:U\8RU>0G#9AJJ!7$
M$X/XF`FE3+Q=P#NU@G=B\)XRN2(\>2_54M.[E%'!N[#@7<NMZ#W=Z.#=XIQW
MAO!.>X'WRJ)W;:PCW@TN'?'4#.*)07Q,M4FC!MZI$;P3@_>8"%/\W(/)>ZF*
MFMZE7`K>A07O6E9Y[_35RO!N<<X[0WBGO<![9=&[-E;O:91BO%,K:"<&[2F3
M>RM,IWAJ!>_$X#UE0AUV27PI?YKB:UT4US3"@GAA84VS=%74=.@0;W%./$.(
MI[U`?&51O#:NXFE:AGAJ!?'$(#YE6J:%`08\M8)X8A`?,[U:WMF5GT9\J9B:
MXFLI%<4+"^*%!?&+-;^W7[[-JBR($.C,,X1YV@W,5Q;-:V,=\JEX@'EJ!?/$
M8#YF8N_4!MZ)P7O,\\I]ZT34CF</0?N3#[FF!JE*569"MPMEN3MH<>\"K3L:
ML)M3VFYZ9>X1QD'9`C_I6)ZK^).7B5_2NTX<M97+=%16,MEZC7X\[:1Q+M]9
MF<MWKTR/S%RD3BDEF+L6GNX4J=G\70%?.4;K?F:[!;/]S,*CKB7]#MH<%WJD
M[C<^ZI*=+"&^=,DF/<`8-),SB![A3.@2@9)IF9=3Z(P:X5*A,S@5>D-3U2]G
M0R%@UUOJD%*:N0Z9GW7=2,T6Q`LS*;@:B$$\,8@GAF%/#,.^LO"L2UAXUB7,
MN8!6:@NKE;FV\%B9:PN/U!8:?=OD#:N/MK>R(<\BPL*,L<R_=@"7%J<3!F0R
MA$V&T"G0N@<Z*W.GBEF$XC!**0XZB4$GM85.BH-.8M#IVR:=I5QJ#D.IH\(P
M%&;G"75:;V$?<_WI%T.R.'%QJA@VK;%"V*2]P&9ET:8VKK?(_`<S4$N-H)88
MU*9$MIZ0-2$W@F=*!,\QT<4_Y<1;)!>D2Q$5I`L+TK78BM+3DP\,88M3OY#.
M$-)I+Y!>692NC65=LG"_B:)W0FH&[<2@/:5:TF\1:8@[`HBG5!"?4JW=U["E
M\5[*I>9XESHJJ!<6U`N+4XI;#.EXMSBGGB'4TUZ@OC)WXI@]M#%&F5UIJ]3I
M&/;4%OZ)P;_EF]8T[E:EXYY:03\QZ$^9_"?P27^IFIKZI9P*^H4%_5IVA9&_
MH,==-Q;G]#.$?MH+]%<6]6OCI_136^@G!OV6K^J?RT>U3XU@GQCLIT0+MWY)
M]DOIU+0O-56P+RS8U]K+VT=!9(L<'?T6Z/0SA'[:#?17%O5K8YUX5JG/,?"I
M&<P3@_F<BI^^<#.XIU1PGU.Y7Y%,[DOYU'0O=55P+RRXU_K+NU^ZQSVJWN*<
M>H903WN!^LJB>FTLZO-$`?/4"N:)P;QE>F0*P\*&VD(_,>A_*E_L@U)[^#YX
ML@B:&J0UI3+?-\K232$]IMHM7)SU30-V<Z3MI5?FRK^#LKG\2[L<-,!UZ*C,
M)3HJFQ.EJ^ND`2[169E+=*]L3C1/:ZDO2J7DKH>G^Z*65N&AS4J86=HNF,$[
MQ>UG5O3;[31_K2AZ@MJB)RJ+!:E"*2-?7>=?5T=GU';.(3J#<Z$W!&JNF_Q#
M>.@/RH7^X%SH$,U5:])7B]6MK7!3IY2ZRW7*7)2N:D$6Y0L+\HE!/C'()P;1
MQ""ZLE"4"G.%)<36N"B6VL)K9:XM1%);B*2V\.C;)F^8D]O>RH8\@0A+DT5Z
M?H&!;'$Z64`F0]AD")T"K7N@LS*G"3.(-I;9/3_=A%QJA5%+V2$W9G*?-<N*
MAA/!-"6'Z9CHE3NDY+T47&Z\/CV)2(7F;[;E#61Y>.LF`O<])=/1HS\LSO4'
M0_0'0_2'P-`?E;GY$_VAC>6OK-W)3P>"_J@1KA?1'Y0)_1$SY<_B,?(I$?J#
M$J$_8B*\5G!I4B]UV'?UAQ1NH3^TF,,HL(DY?V"`_K`XUQ\,T1\,T1\"0W]4
MMBS/GVS7*_MD9^H!])&T7<MCOBMZ.B\1L8^>E1W]EK+G$8".JQ$N.SKN6=G1
MF3&[&Q7IVBI%W6-]F?_.OCS1IKE.F$E&OQ'#M$8,O48,G48,DUIE^%$4'0;H
MH,K<W^/CLI$X>WL5EPVUA7YJ"^'4%L*I+>3ZMLEG*=.<3[NW2OT6K@&MZ?PU
M@$(KK<H@TP+U[&&3(70RA$^!Y@X^*W.#"SXI#CXI#CZ)P2>UA4^*@T]B\.G;
M)I^E]&KZE)HL^!1FYPEU6KL%Q^YK;J:+'38M3A7#)D/8I+W`9F5/_JV-ML5<
M6QX'T(^+P'?-Y/H%OI^5'7T@1R;9Z0=&T".4'3WRK.SH)<TNKSM=_)&1Q:H4
M;,U.DTHN=)JPT&E:\85.6^?WA=!K%NAZC2%ZC7:#7JO,N<8U0''H$XI#GQ"#
M?VH+XQ0'X\1@U[>-U\`Z%;3SG#)M2.M.95XGLQV^6:'.XV45-M\$,?=8T3!=
M&'L?J(J[&=I>>F7!IN[%XH9&W-A@1V7N_<.3,K>/<X/=*VN]]XN[>7MP3ANR
MS5I5N6/8+C3.S@DV*0[BA(72$X93\0Z9U!@R*W,G>E!6%FK3LT3W%P^R9N16
M4$N9H%8/33+EYTL03:T@FAA$ITQ6WZ0Q7,JJUI2PKO56J#F5F6%8ESACL$X,
MUH5EZVEU!^O4&-8KB]8U875U2XM`;@3IE`C28R)\$<6\OIZZ#]*I%:03@_28
MR:U<DW1<VVWI94,>ZL),,*03@W1A>>)(GU"@)RS031P,H;W"J%T#98CR[Z<W
MFD$\I8+XE,K_K:*:IV8P3PSF4ZJ+OZ2.Z_R2>RFS_#UP"D9_!/<29PSNM43#
M8?A)VZXZG;0MT+EG"/<51O<:6-TO^<\+N!744R:H3YD6Z4@QYJD5S!.#^9CI
MXM\6K$OATYQHI"(*WH698XQY8O`N+([Y_%H+AKS%.>T,H;W"J%T#<:IS[])+
M0[B!4EO()P;YS\J'+J"VZ`)BZ`++-RU>K2_3M%/*HV87U+HISO7"0A<00Q<(
M"UVP7-HQZ,BW.-<%#-$%%<8NT$"9=1JW6&H%^<0@/V7B/W3D5M!.F:`]9L*W
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M]D<0TADNSCJC`7O-&)[)SX'R3#X]AANTD>O!49E+=%16GA.62>,FS68G#7")
MSLI<HGMEFLC]=%^\`O"=N.$*>+HSI&SS5\:4)"U"F:$SM.3SB]!E_FJ,O8]S
MG6&-%:(S*HP?M"K4#T>O^1TT"7$:T1^<"QTB4'/ESW_1(S7"I4*/<"ITB:;2
MSUFO+KX`>%O*-#<O/=TK4M>%7A$6+A%BZ!5BZ`%AL1;.WQ;0:9P[>?1);;LL
M;Y6ZQ6@JHP\:5QX$E+%.7VN`JZ9F<MG12\_*CHZ3,Y#LC:\GX.SHN&=E1U^F
M[.Z/;=+U5<J^QWHR?TJ"K\FF`EM9Z$F),X:>)(:>)(9>J\QY1:]5ML277.KE
MA2ZJ$#=49>@4:HQ.X<;H`6J,BX4:PSDWAF#?."DM]9Q3.C_4O)5"+UP$PDS3
M=J%QQJ".XJ".&-15%M4)V\R68([:PARUA3EJ"W'4%N*H+<116WCS;9.W4H0U
MO4EU%KQ1%0=OQ."-&+P1@S=B&'+$X(T8O!&#-V+P1@S>B,$;,7CS+'DK5533
MFY17P5MER_+*ZSSYX;&;+89DY7AK@7IMP29#Z&0(GPPAE"&,,H12AG#*$%(9
MPBI#:&4(KP$FL:5":HJ5TBF(K8S$IJ461JD%.K$,(98AQ#*$6(80RQ!B&4(L
M0XAE"+$,(98AQ`:8Q)8"J"E6*J,@MK)E>4W8C5AW1],1:X%.+$.(90BQ#"&6
M(<0RA%B&$,L08AE"+$.(90BQ`2:QI<)IBI72)XBMC,2FV@,CU@*=6(80RQ!B
M&4(L0XAE"+$,(98AQ#*$6(80RQ!B`XQB\;,.;;'3AE3["<MB5ZE8VN)%=V3%
MMSQC:)O8!MRW(KL6[%OPT()#"XXM>&S!4PN>6_`^P22V%!VM$8L5#*TSA96_
MEG$S0?Z:$WBM;1'GM!*#56*02@Q.B4$I,1@E!J'$X),8=!*#36*0Z5ER61;]
MSN54E2U7/T#7^[^_?OO\\?#PX?<_8*X4--.D^<OB3@H%/S$(2Q-N_GL%:*YM
MX^@E!LW$H)D8-!.#9F+03`R:B4$S,6@F!LW$H-FSI+DL_;]7<RT7PN<#>.&K
MC/"LF:9?BW.C>6ZK#)J)03,Q:"8&S<2@F1@T$X-F8M!,#)J)0;-G27.I%)QF
M&[)20H0A6UEVF5[YP)"=X]3;KL'@DN+@DAA<$H-+8G!)#"Z)P24QN"0&E\3@
MTK/DLE0/39>UK(CCLK(\R]KG`[+>NIOCG$MB<$D,+HG!)3&X)`:7Q."2&%P2
M@TMB<$D,+CU++DO%T'192XGHLK(\+M.S)HS+.<ZY)`:7Q."2&%P2@TMB<$D,
M+HG!)3&X)`:7Q.#2L^2R%`E-E[5ZB"XK"R[INPZ@<@YS*HE!)3&H)`:5Q*"2
M&%02@TIB4$D,*HE!)3&H]"RI+&5!4V6M%Z+*RO(EGEYT@<LYSKDD!I?$X)(8
M7!*#2V)P20PNB<$E,;@D!I?$X-*SY+)4`DV7M42(+BL+PQ*?9-I'V3I=SG'.
M)3&X)`:7Q."2&%P2@TMB<$D,+HG!)3&X)`:7GD67FU0Y/6=1.K5)196PI-F]
M+".:+<XT,]LOF'4-UC?8H<&&!AL;[-A@IP8[-]A]9$ES*0M:0Q:?NE$=)2R[
MI/K4XIQ+J3^L9(5+8G!)#"Z)P24QN"0&E\3@DAA<$H-+8G#I67)9UOY-E[4H
M")?_1@H%+!A<3>H^S]1Q.<<YE\3@DAA<$H-+8G!)#"Z)P24QN"0&E\3@DAA<
M>I9<E@5^TV5=^4>7<S407-(CU,T<YUP2@TMB<$D,+HG!)3&X)`:7Q."2&%P2
M@TMB<.E9<ED6^$V7=>4?74HUD,8E59>;.<ZY)`:7Q."2&%P2@TMB<$D,+HG!
M)3&X)`:7Q.#2L^2R+/"=R^FV='WW0_D-BHL/2_#[/3R75I;G4JH\I2WBG.>Y
MK3)X)@;/Q."9&#P3@V=B\$P,GHG!,S%X)@;/GB7/9?&?/3_Q3`I_+<V:YR(B
M3`U4E$K;J'ENZS03@V9BT$P,FHE!,S%H)@;-Q*"9&#03@V;/DN92&#C-\\.2
M3:T8XM0@501ZS=^RJ"B5MN$Q*C,,V3F?^H5+8G!)#"Z)P24QN"0&E\3@DAA<
M$H-+SY++4A@T7=:*(;J4*@+IO$NJI#9SG#K:+9C!)<7!)3&X)`:7Q."2&%P2
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M7;:UCA/;;LNVUG&^Q9=IX#CQ>BR?`[;=E&VM8\&V5=G6.A9LNRW;6OLK?U9=
MMK7Z#]LV95NK__!%DF5_]5Z9KF!L6Y=MK7/'MG(L=;W"[<JQX#NZ^-S1KAP+
MOD"JM6U5^A;O1K:V79?]X=N_F]O*_O`%U<UM97_X$N76MINR/[R"RMO>XLL[
MR[96_^$<2O_A6R>Y7?D1FK*_UI@OOY)2MK6NO_)#'F5;>W_797_XA87F_DK_
MX5<`FMM*_^&;ZEO;EF5_^*7&YK:R/_R>8'-;V1_*C>:VLK_Z)3\T)I:E__`3
M8=SN+7X4"-OPPT>M;8LR1^('EWD;?B>JS(/X-<WFML4;_&A4JQ_P.VB+-_A1
MJ-8V_`94F3^;V\I/L99S:/4??LIY\0:_T]S*B6W7;_![R"W7V'93MK5<8UNY
M$^+'Z/G\L*W,G_6MTN0:V\K\B5__YG;;Q=4UCO.J=2S8=E.VM8X%VU9E6_M8
MKF[+M@O[NRO;6OV'X[S"MD6K_[8;'$IS7;'%<FN'RHW/[>T&A]%<3VTW.(CF
M:@KG58[AJGD,^$'!LJW9IW?85WNM<8=]-5<:6RS<=LUUVW:#@VBNVK8;'$)S
MS;;=H"/;JS(L`<[-%4"'9=>YN>KJ[E9O^N:::\"6L;GE]/_INJ.=A&$P#,.W
MXA6(#@%9#`=M)SJSW0/&@4;CR"#Q]GT[HB>\G#'^D965]GNR=(Q*HY5P/^>;
MVKP3%@PA5GE+[V40N`<R!U0#`4`U[B?XU+B>P%/C=H(!E2H@@H!*#1`A0*4"
MB*"I4C,%R%2IF")@JM1+<48+N'OE_+S%C`(U0<HD4!&D#`+WP)S^X6YV.0ZX
MJM16ZQFLY%_:SC^S!D%/:J":RHM6&BJM5D)FDZHI9C2YF8CJ6I,Z`)]:W1-@
M3ZOJ":"G5?.$.V)*Q1,`3^O>(=:3I_J4.<XS'08E5]"4><<--&7><0$!H.3^
M*1C!GN0$>=(<CP4MX*&3Y[^#6-`"'J0H%:(_>?(#HG3!0[3M0O)QG%L[3H`*
M2:40"/SD>4_<)T_[@OY1`X4QTBQ-2#O:9EG"\S.IV/A!A50\JW-4>U+GH-9\
MS$-!^B`P$'3_>5G;C!,696U9_[@LUW;NGY=E/;X_^8?*8?6PW^RZ9C/L/KX/
M5U_=ELLK-]?Y;H'AM-;OM''L]WG9W]5K?V0=X/CRO=N\=4/>FYVW?7_\V^#'
M-?GIA\_Q$L[J%P``__\#`%!+`P04``8`"````"$`?+]:,3H-``!O0```&0``
M`'AL+W=O<FMS:&5E=',O<VAE970S,BYX;6R4G-MRVS@2AN^W:M]!I?NQ3%(G
MJY),Q>)!/&]MS>Y>*[(<J\:V7)(RF7G[;0AH`>@?<C(WH_AC=Q/\&P30)#@?
M?OWSY7GPQ_9PW.U?/PZCF]OA8/NZV3_L7K]^'/[GM_R7^7!P/*U?'];/^]?M
MQ^%?V^/PUT___,>'[_O#[\>G[?8TH`BOQX_#I]/I;3$:'3=/VY?U\6;_MGVE
M(X_[P\OZ1'\>OHZ.;X?M^N'L]/(\BF]OIZ.7]>YUJ",L#C\38__XN-MLT_WF
MV\OV]:2#'+;/ZQ.U__BT>SMRM)?-SX1[61]^__;VRV;_\D8AONR>=Z>_SD&'
M@Y?-HOSZNC^LOSS3=?\9C=<;CGW^`\*_[#:'_7'_>+JA<"/=4+SFN]'=B")]
M^O"PHRM0L@\.V\>/P\_1HD_FP]&G#V>!_KO;?C\Z_QX<G_;?B\/NH=F];DEM
MRI/*P)?]_G=E6CXH1,XC\,[/&?C78?"P?5Q_>S[]>_]]M=U]?3I1NB?*9;-_
MIC/1?P<O.]4'Z-+7?YY_O^\>3D\?A\GT9C*[3:)X,AQ\V1Y/^4[Y#@>;;\?3
M_N5_VB@RH720L0E"OR9(]+X#A3Z?E7[9(;F)YY-H,E6G?>=44^-)O\8SGMGV
MON,X,X[TRZ>\>_=,="N<VTB_['`SGTS&T_GLYY6A4YR#T*\),O[[0928.DGT
M#[[JGY,KBMF5_F%<IS_IREF-;%ICI_'O:$T]S338)IAD1(^1[HWG7IRN3^M/
M'P[[[P,:&NA"CV]K-=!$"Q7-]%\3XM*CZ<;:*///RO[CD,Y!??5(](]/T61^
M^V'T!]TC&V-T'S#R+99LH>X3%3>5(),@EZ"08"5!*4$E02U!(T$K02=![X`1
MJ7J1ECK"WY)6V2MI69-[!E;K6,C(%NR22I!)D$M02+"2H)2@DJ"6H)&@E:"3
MH'>`)V,2D'$\N71(=9C&4K]#1KY.]]J(;F\6:@DD!9(!R8$40%9`2B`5D!I(
M`Z0%T@'I7>+)2&.+VQOY?E:8[GT2W[VA13^[UU9Q0M%=L\27>6G-6.<4488H
M1U0@6B$J$56(:D0-HA91AZCWD*<PC9XAA14^*\R:W&L":HZ%FM:,/5-$&:(<
M48%HA:A$5"&J$36(6D0=HMY#GIJT[@BIJ;"OIB:@YD2H:<TN:B+*$.6("D0K
M1"6B"E&-J$'4(NH0]1[RU*3%6$A-A7TU-8F3\7EN'U,U(;NEM;@(B2A#E",J
M$*T0E8@J1#6B!E&+J$/4>\@3DE8^(2$5]H74)$ZHA[M#YE1T2VMV41-1ABA'
M5"!:(2H158AJ1`VB%E&'J/>0IR:MUD-J*NRK:4AB)W`@*9`,2`ZD`+("4@*I
M@-1`&B`MD`Y([Q)/JXAJ4U<LLU2_4472Z6FW^?U^3QTMNBR,SO:^BHP<&1&E
MB#)$.:("T8I1-+LVGI2."=\"58#5`=8$6!M@78#U/O.E5DMZIRKBQ9*J#T7'
M9.1*:JPL2M$J0Y0C*A"M#(JGEWNA9#2^H`I1S<@Z-HRL8XNH,VA.TXL[E,W\
MH:RW9I1'7T^UM@_IJ=?\M/KDS-^KE:B2V(JW1)0BRA#EB`I$*T0E(UN+58AJ
M1K:I#2/KV"+J#)J+J6$N]=12D!GHJ5;Y(3W-ZM_5TR#;R"5I*R1.$66(<D0%
MHI5!,WO&$E'%CE:I&JT:1"TZ=@9)/>^DGOJZ0WJJ1;VCYP^'5ET$4!YMO]5H
M3(.T<X_<B2<C2_6(A[HWF;%GBBA#E",J#**KYU@K@Q*:1"ZMN)N(1I36BATK
MCN6F0S?5BS6[%95A@[%:CF7;U5DKVZYH<B?*]-Z:4</\$405"DZ&+B.RXF*2
MTRA6X_M%!#J9:/E2/>TB5V7',J0!E@58'F"%85XZ3.NL$B5:58AJ1`VB%E&'
MJ/>0+ZJJ%T*BZCK"Z]X:S9TG*)%&L1KV+SK/YB*GJ6/&,F<!E@=889@GJ6G;
MQ,UN/!%S46D\DUN][!B+97>%D6M&[T=N1.2YZ%8MA[$Y[QB]'[F_'MG/FBI.
M0EG318N7-8V\K)G21F1-7$5*ZS5]<]B$9P&6!UAAF)<UTS8K2LE6MWIE&$TC
M\32I8@OK5"-J&%WBW(EQOV4+&Z=#U#,*Q?'U5^5,2']=YGCZ:^3I;XHAH;^X
M]C2R9O:N098'[`K#//VUJX-*8V7ND#@6+:@P2HVH$5$2,=6TZ-(AZJ]'\957
MM5%(>5,SN=.Q1I[R&LGQ2CS>2"-K9I5'E@?L"L,<F5>(2D;<T\:):$/%%K;'
MUH@:1APGF8M1KF4+&Z=#U#,*Q?'TCT4%RI/PF?N3L$&N_@9)_<5SNM0QN^@?
M8'F`%8:Y^B,J$56(:D0-HA91AZCWD"_IE4HSQDK3($]2;>6@U%A)E47/R!PS
M5CD/L`)/NC+($;EDQ#THBL0JH&(+VQ-K1`VC2YQ8S$LM6]@X':*>42B.+_^5
MPC3&PM0@1^LEHM0@*;]8GF2.F95?GU.Y,BOP#"N#//FUIQG*Y7*_0H\:46,0
MKYCD)(H>':+^:A!?=56(!<;QV!2FSCAND*>Z*>.L3*FQDJJ+@CISS%CA/,`*
M/.G*($]UW0XC6"127*%'C:@QZ$J0%CTZ1/W5(+[JJIX+J:[K/'?=$FODJ:Z1
ME%ATD]1XNITX"[`\P`K#'(U7B$I$%:(:48.H1=0AZCWD2ZKJNY"DINYS.[)&
MGJ2`4K4GYUR3NC756!;=F6-F.[)U9588.T]1;>:@TEB9/CB7BQ$,4B-J_"!3
M,=^TZ-$AZJ\&\557):"C^H^>UM"34OF,P"`O&]K*0:FQ$GU>/M/)'#-6/@^P
MPC!'^A4C^F77TC!ZUW[>78/Y,)=CI\`Z$*81868BK2W[V#`=(_KEUO37P_@Y
M406>DY/+TM`4?NZ=H)$C]#(&E"+*#/+300]V1.62.W9\&85AGO;ZI,[%EFQU
M.SUK/XFF8OU1L855K>;36=$:MN(X<2Q6N2U;V#@=QNG9*A3'EU_5=R'Y3=WG
MRJ^1)[]&(*SH,FEL[5C8+,#R`"L,\Q)@&F<U*-F*%VY)(H2KV,(ZU8@:1C:.
MZ"0M6]@X':*>42B.GP!5(3H)^.&8I"M*;]+5R$N,K3OM(S;J\4*4-+9V-C'(
M\H!=89B7&.T:>;>&9CPJP7UA7*R<-0=VHC2&<11("D3I`E'ZJU&\E-!\YJ6$
MAZ0S]ZM5@USI$:6(,H/@SA'37^[8<8(*PUSAV<P.)25;F2%@.KD52ZZ*+1SI
M,4[#5I<X,U&BM6QAXW08IV>K4!Q?_BN5;8*5K4&@HEA2+QT[5C$-L"S`\@`K
M#/,R8%IG12B-%5VXFH_CB<AMA5%J1(V,(F[A%ETZ1/WU*+[VHJS]T6B48+EK
MD)^3>20ZW](QLRG!0C8+V.4!5@38RC!O.#+,#"1BHJK8PV:Q9N2.1N\&:=G#
M!ND8.4'Z:T'\A(B*]X<)P4J8+E6M8KTQ"E"*5IE!?B;EPB9WK#B1!09;&40+
M(^>E#[Y^84]]STQG4]%O*HYCQ:T9O1^Z$:'G\,B9X]C0':/W0_?OA/:S*2II
MR.9O^S>:8&B\T'OF:3.=+$`,\I,23\7C\Z5CQEE)`RP+L#S`B@!;&3:UKWY+
M@^96PLH@9ZRLT;%!QQ8=.W3L/4=?;%6P.BNKBZBFD'66MFJOG;Q%-/)UIA64
MF%I2XZKL6.@LP/(`*_"T*X,<M4J#>!JY$P^G*G2I$35^E'$,D[A1Q6:NPRC]
M]2B^]*+0ODB/!74"U?/2()!>7'CJV%GI=3@W'7G`KL#3K@SRI(?&56A5(VHP
M?(M6':+><_0U556GTYUA[!"[^!)=I;J%@D'>3(`%M+'RY9_)IPF98\;JYP%6
M!-C*,$]JTUQ3,,4S^6:^0J<:4<.(XTP347&T;.'V='-RBWJVXCAN>_R\J&+T
M[^3%%*_N\*.1EQ=`*7V,*`:I#%%ND)\]&K?$/%HX=IR^E6$_G*--0_0<G=Q.
MQ)*TXCA6SIK1^Q-I8\SFE]"RT.,X-G3'Z/W0ZEO.LWPF=#2SPXG.I_Y24W_C
M]K(]?-TNM\_/Q\%F_^V5=JF,U;[V"[Y\(OKYG$;![^G3T?-T('F\H(^52&[)
M$_K4-,`_CQ>?J=GH0$NSA5IXX9'[9+Q0DS4>6283\CEO"12GIP&7CIQ+1W$D
M3684;1:(1OV,C@3;%L\6ZDE:H`7QG(Z$?);Q'1VY"_A0H4QM.V^T$FV[3R(Z
M$I0YB:EM(:'I)2>=)^1#[]_H2-B'M*87):'K&=.1D-;T.)Z.A+2F1\-T)*3U
M?40^M.4J<)Z(?&B/3^@(:4W[3T)'2&O:'1$Z0EK3F_O`D9BTIC?.>(0V\E*/
M#NE&6U+I2$@WVLZY4/LW,1KMUURH#9IXA#9D4K30D?N(M*9=?NA#6Q?I/*$C
M-1U1VPS1A[85TGE"1^[I0)!/%O3)$4:ZGR[HXYD`GRWH6Y``GR_HJP;DM-^=
M6G36?G3IZ/05^-OZZ[9='[[N7H^#Y^TC#42WYWW[!_W!N/[CI*N&P9?]B;[_
M5@7$X(D^[-_2Y[&W-[2N>]SO3_P'G7IT^5\%?/H_````__\#`%!+`P04``8`
M"````"$`'%T)3U,"```S!0``&0```'AL+W=O<FMS:&5E=',O<VAE970S,2YX
M;6R,E,N.VC`4AO>5^@Z6]Q.30+B)9`0=T8[42E75R]HX3F(1VY%M8.;M>^R$
ME`(+-G9\<OR=VY^LGM]D@X[<6*%5AN-HA!%73!="51G^]7/[-,?(.JH*VFC%
M,_S.+7[./WY8G;39VYISAX"@;(9KY]HE(9;57%(;Z98K>%-J(ZF#HZF(;0VG
M1;@D&Y*,1E,BJ5"X(RS-(PQ=EH+Q%\T.DBO700QOJ(/\;2U:>Z9)]@A.4K,_
MM$],RQ80.]$(]QZ@&$FV?*V4-G370-UO\82R,SL<;O!2,*.M+ET$.-(E>EOS
M@BP(D/)5(:`"WW9D>)GA=;S<I)CDJ]"?WX*?[,4SLK4^?3:B^"H4AV;#F/P`
M=EKOO>MKX4UPF=S<WH8!?#>HX"4]-.Z'/GWAHJH=3#O$8[J!2+`B*;P$H'+Z
M%O:3*%P-3XMHDJ2S>9RD&.VX=5OA+V/$#M9I^:?W\N$'2M)38.\IXVF4SD;C
M!R"DRRA4\D(=S5=&GQ"H`T+:EGJMQ<L$.LB\<>VM&0:90E(6K,<\3F>S%3E"
M-UCOM.F<8/WG-'@0P`\Q(.$[,;S5Q_`E^J";SG#)2^[SQG=YWIIA6(=TDO%U
MRIW/)$SU,L/)7:*W0E\@KP%YIPV]%VR77O/[J<.T+UJ!O&+2.)JE0^>]0X@Y
MM*6W3/_G+Z[XG4B[T4IN*OZ)-XU%3!\4Q/"3':S#M[%.?".N[9/E.FB8#"]`
MRBVM^#=J*J$L:G@)R)'/&IE.]=W!Z38(:J<=:#@\UO!SXC#<403.I=;N?(#`
M9/C=Y7\!``#__P,`4$L#!!0`!@`(````(0`EH:%?/SP``%=C`0`9````>&PO
M=V]R:W-H965T<R]S:&5E=#(Q+GAM;)2=6Y/;1I*V[[^([S\H="]+9!\U8<_&
MFF<0)`XD0`)W&ED>*\:R'))FO/OO-T%4HJKR8;.I&ZO]=.:+TUL'9`'H'__K
M?S[]_N(_'[Y\_?CYCY]>CGYX\_+%AS_>?_[EXQ___.EEM9^_>GSYXNNW=W_\
M\N[WSW]\^.GE_W[X^O*__O[__]^/?WW^\J^OOWWX\.V%*/SQ]:>7OWW[]N??
M7K_^^OZW#Y_>??WA\Y\?_I#?_/KYRZ=WW^1_O_SS]=<_OWQX]\LIZ=/OK\=O
MWMR__O3NXQ\O>X6_?;E&X_.OOWY\_V'Z^?V_/WWXXULO\N7#[^^^R?Y__>WC
MGU]5[=/[:^0^O?ORKW__^>K]YT]_BL0_/O[^\=O_GD1?OOCT_F^K?_[Q^<N[
M?_PNQ_T_H]MW[U7[]#^0__3Q_9?/7S__^NT'D7O=[RB/^>WKMZ]%Z>\__O)1
MCJ`[[2^^?/CUIY?_/?I;.[H=OWS]]Q]/9ZC^^.&OK\'/+[[^]OFOQ9>/OZ0?
M__@@IULN5'<)_O'Y\[^ZT-4O'9+DU\B>GRY!_N7%+Q]^???OW[^5G_]:?OCX
MS]^^R?6^ZU+>?_Y=MB3_??'I8V<".?9W_W/Z]Z^/OWS[37YZ^\/M^.[A<32^
M>_GB'Q^^?IM_[))?OGC_[Z_?/G\ZN"BGU:N,G8ID.)6;^Q_N'M[<G$0N)-Z[
M1/G7)3X$6[^0^.`2Y=]S^WTA4SQ^.F+Y]_OV]:U+E'^_;U]'<OGZD]Q=Q_[\
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MF06Y!84%I04["_865!;4%APL.%K06-`&X+488G"%M)SO<D47W[E"+^?/"KQ-
MQL8!&J$I4PMF%LPM6%BPM&!E06+!VH+4@HT%6PLR"W(+"@M*"W86["VH+*@M
M.%APM*"QH`U`Y`#I14('://O\$\OY;]#\Q_?/,17]N<^1J8$>FDG(%.0&<@<
M9`&R!%F!)"!KD!1D`[(%R4!RD`*D!-F![$$JD!KD`'($:4#:D$0>D*'LG`<Z
M+,.%.&<PP9DQH(^ZE3$MC+J+O3(9HM0K4Y`9R!QD`;($68$D(&N0%&0#L@7)
M0'*0`J0$V8'L02J0&N0`<@1I0-J01,Z0JWK.&1T^.4.OYL\]N949:^B">^."
M(4KSIB`SD#G(`F0)L@))0-8@*<@&9`N2@>0@!4@)L@/9@U0@-<@!Y`C2@+0A
MB5P@T\70!:>YX_CN!XGO)Z"</789L4%Z8@UBAI3)$#48!&0&,@=9@"Q!5B`)
MR!HD!=F`;$$RD!RD`"E!=B![D`JD!CF`'$$:D#8DD4&DV<,@-X\_^'LI.J1+
MB1W2$^N01].%#%&#0T!F('.0!<@29`62@*Q!4I`-R!8D`\E!"I`29`>R!ZE`
M:I`#R!&D`6E#$CE$;B1#A^@TL\.Q"WIB7?#6N&"(&EP`,@.9@RQ`EB`KD`1D
M#9*";$"V(!E(#E*`E"`[D#U(!5*#'$".(`U(&Y+(!5):.N>"#L<NZ,FM"`W3
MB=L'>V<Y!`TF`)F!S$$6($N0%4@"L@9)038@6Y`,)`<I0$J0'<@>I`*I00X@
M1Y`&I`U)9(*N[!RZX(KIQ"DE=HA#IJ.X>V,Z"A\VF(1H1C0G6A`MB59$"=&:
M*"7:$&V),J*<J"`JB79$>Z**J"8Z$!V)&J(V0K%WND)64,;4<:1;ES!=B$.F
M#[%W)#[*^Z/7DD1%,T;-B19$2Z(544*T)DJ)-D1;HHPH)RJ(2J(=T9ZH(JJ)
M#D1'HH:HC5#LCZ[,%?CCFKZEKXQ)F4,O]\]=R4/<9/N6D>U;AC#-G/I,13.B
M.=&":$FT(DJ(UD0IT89H2Y01Y40%44FT(]H3540UT8'H2-00M1&*O=/5QP+O
M#'V+JYN%!NG1G4>3$="4:$8T)UH0+8E61`G1FB@EVA!MB3*BG*@@*HEV1'NB
MBJ@F.A`=B1JB-D*Q&;J2V#DS]*4R<9$V\)^[%6;I+>[$`,-D59XOL+-5'Z:9
M4Z(9T9QH0;0D6A$E1&NBE&A#M"7*B'*B@J@DVA'MB2JBFNA`="1JB.1A&+VV
M<M%B@W35LG,&Z:MHD4%Z9`UR8X>3(<P;!&@F3\LXMVG4G&A!M"1:$25$:Z*4
M:$.T)<J(<J*"J"3:$>V)*J*:Z$!T)&J(V@C%!NFJ9><,TE?1(H/TR!K$K+9/
MNF=)^HY&+_V4:$8T)UH0+8E61`G1FB@EVA!MB3*BG*@@*HEV1'NBBJ@F.A`=
MB1JB-D*Q0;IBV3F#]$6TR"`]L@:QBVS=`T/6($`S1LV)%D1+HA510K0F2HDV
M1%NBC"@G*HA*HAW1GJ@BJHD.1$>BAJB-4&R0KHYVSB!]?2TRB$/!6GSW")B8
M0>Z5?&\!-&/4G&A!M"1:$25$:Z*4:$.T)<J(<J*"J"3:$>V)*J*:Z$!T)&J(
MV@C%9NCJ:8$9KKFS[4MPD4]<54YZA7"NBJK($.:]`S3KGA04A\EMLD;-B19$
M2Z(544*T)DJ)-D1;HHPH)RJ(2J(=T9ZH(JJ)#D1'HH:HC5#DG>ZQS-`[>F=[
MXG%9U:&H:C9Z<V^G(CY,+_V4:$8T)UH0+8E61`G1FB@EVA!MB3*BG*@@*HEV
M1'NBBJ@F.A`=B1JB-D*Q04Q9]=2Y/+.`VSVPVXTOP9VP0[9N9A?Y?9@WCZNY
M^JYDQJ@YT8)H2;0B2HC61"G1AFA+E!'E1`512;0CVA-51#71@>A(U!"U$8K-
M8VJN0^_"PFKWI'8W8L@\)!Q^[!J_#_,&&3(5S1@U)UH0+8E61`G1FB@EVA!M
MB3*BG*@@*HEV1'NBBJ@F.A`=B1JB-D*Q0;K2:#!U&0S2ETRC'J1'M@>QR__=
M4_OQS&-*-".:$RV(ED0KHH1H3902;8BV1!E13E00E40[HCU11503'8B.1`U1
M&Z'8($\46[MW+.P0TR/3@]S;95^7&:SA38EF1'.B!=&2:$64$*V)4J(-T98H
M(\J)"J*2:$>T)ZJ(:J(#T9&H(6HC%!ND*WJ>ZT'Z8FC4@_3(]"#W=NVN>S3-
M]B!`,T;-B19$2Z(544*T)DJ)-D1;HHPH)RJ(2J(=T9ZH(JJ)#D1'HH:HC5!L
MD">*K=V;3K8'Z=&M_!/,0>[M<HW+E#"=<$R)9D1SH@71DFA%E!"MB5*B#=&6
M*"/*B0JBDFA'M">JB&JB`]&1J"%J(Q0;I*N#GNM!^OIHU(/TR/8@=KEF/(1Y
M@P#-&#4G6A`MB59$"=&:*"7:$&V),J*<J"`JB79$>Z**J"8Z$!V)&J(V0K%!
MNMIH8)#3+?#H[H?N1=)OOWU\_Z^?/TMW,1K>CQR[6FIX^^O0S=!E3#3*HRG1
MC&CNT&GK_@5,6X=9^#`UX9)H1900K8E2H@W1EB@CRHD*HI)H1[0GJHAJH@/1
MD:@A:B,4&Z>K@@;&&>YN^NIHU+,XY-TP&0--B69$<X<>I'`2#F-F26CAP[Q!
M^DW*;$O1RD=%8J8LG/@PS5P[%(BE1!NB+5%&E!,51"71CFA/5!'51`>B(U%#
MU$8H,LW-$Q79$X^+:HH"TQ!-B69$<X<>I)@2FL84Z!8^3*_S4L7\0Y$K'Q6)
MF6).XL-4;$VQE&A#M"7*B'*B@J@DVA'MB2JBFNA`="1JB-H(Q:8Q55KM:6Y8
MB544FL9%>31EU(QH[I`UC:G)+'R87N>EBH6FZ??B&;&$8FN*I1KE#VE#M&5B
MIE%Q.W@P583<A^DA%10K-<KOQ8YHS\2*J"8Z$!V)&J(V0K&1NF)J,&0]-]>Y
MZ8NOX5#FT(.48X:>9'QG!HR)C](3."6:J;P_@7.-ZB9?.OVY>3!=R\)'J?Q2
MM4++]7L?3:6@E5!K3:W41_G]XO+8QH?ICFTIEOFH0&S\8$H5N0]3L8)BI8\*
MQ6QA;.?#5&Q/L<I'A6+V!9S:AZG8@6)'HL8G1OKF%JOU8:(?._B)DO(-2\H.
M/<3W^P]V1=.'Z;%,B6:J'UJUW^1=N*8AWZF*'^Y;N,3[N].G5&X>S*$N*;QR
MZ+)P$@N/'DVWO*9P>I7P)A:^-?61+76SJW3S6'=D=`OJEE?I[KRN]]3XSG09
M>\I75\G75\D?*'\D:J[:8NNWV'U]YW[D.]>X*3Q1/+]A\=RA!RE3#+WJ:/Q@
M[ADF/LPWA5Y,,A7-5#]L"FZ3'BT8M21:$25$:Z*4:$.T)<J(<J*"J"3:$>V)
M*J*:Z$!T)&J(V@C%!NGJVL%H/TP;^WIW-*H[Y"_@Y*9'D6?>OC&]S-1'>7]`
M:^ZBY*E[C5HX=/>V_\14W&LNF;`B2F*-6]OFUTQ)B39>Q3<.]!];)F9$^55:
M!1-+HMU56GLF5D3U55H')AZ)&J+6RW<]UNV==TELR*X"?\Z0?64^,F2/(O=)
MC^6[PM-'Q28W0Y@::THT<RBPWYQH0;0D6A$E1&NBE&A#M"7*B'*B@J@DVA'M
MB2JBFNA`="1JB-H(Q0;IZNCG#-+7UR.#..2[E,E-CZQGS(QLZL/4,S.'(H-`
M?\&H)=&**"%:$Z5$&Z(M44:4$Q5$)=&.:$]4$=5$!Z(C44/41B@VB"G6#T,:
MB_(W+,H[9`UBIHI3'^8-`K$Y]1<.N3%M;#JK)3-61(D7N3`<K9F8$FV\5M<O
MWYGYWI89&5$>B[PR-S`%,TJBG1>Y<%1[)E9$]55:!R8>B1JBULMW)RVH/<1.
M[(KIY[HJ5]</EH=N>F1MYP=)-Y8-86J[J<]4-',HZJK<)GU7N&#4DFA%E!"M
MB5*B#=&6*"/*B0JBDFA'M">JB&JB`]&1J"%J(Q09Y/:)2O^)QY5^1?X"3APR
MGGDTA<JI#QL,0K$YT8)H2;0B2HC61"G1AFA+E!'E1`512;0CVA-51#71@>A(
MU!"U$8H-\D15_Y95?46A05P]7:8IP2W]HZDA3EVF^,@;Q.E[L3GU%PZYL>S5
MR(P=2Z:LB!*OXO<2]U9K)J9$FZNTMDS,B/*KM`HFED2[J[3V3*R(ZJNT#DP\
M$C5$K9?OAK;PHL;.-,L$.LN2/Q!@'ZIRR/93IK@W\6%JPRG13/5#9[I->K1@
MU))H1900K8E2H@W1EB@CRHD*HI)H1[0GJHAJH@/1D:@A:B,4&^2)*OPMJ_"*
M_`6<.&0]8R:64Q^FGIE1;$ZT<$BZK@N=SI*)*Z+D*JTU$U.BC=?J6I\YW"T3
M,J+<:UPXMH*))='N*JT]$RNB^BJM`Q./1`U1Z^7C4Q>[\HF"^"T+X@Y9"]JU
M(1^F%IP2S53?6WQ.M'!("YYF4TMFK(@2(V*ZV34S4J)-+&(TMDS(B'*O<=&'
M6!<HJ;6[2FO/Q(JHODKKP,0C44/4>OG.AV-?.8B-V%7`S]P;=M_*-@\E.V2-
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M;MS>FOG:DBHKJB2QRN/(%/W65$FILHE51K?FB+94R:B2QRIC<T`%14J*[&(1
MH[&G1D6-.M9X-:+_<+6/5&ZHW*KR;;^J/`Z>[(N=]\0Z0O=ZH>W^>F1':+.J
M-'&94?<W9&J/-%-];^,YT<*AH?9BJGY+IJR(DEAE9`V\9DI*M/$JYQOTJ>/9
M,C$CRJ_2*IA8$NVNTMHSL2*JK](Z,/%(U!"U7OXT5-_X1A-[LBOCG^L-77D_
M[`U[%'ORQHP&D]LA2OTW)9HY%/2L<Z*%0\Z2-Z8#6C)C193$(O:IPC4S4J)-
M+/)HVN&6&1E1'HO89]P*9I1$.R]RH6GLF5@1U5=I'9AX)&J(6B_?67!\XX>A
MR()W3ZQ9G'B\9N%0;,&1M:"/&BQ(-%/YH%<D6CCTS'T+$U=$B=?J9\_^?)SZ
MLS534J*-53%'OV5*1I1[E0LV*IA8$NVNTMHSL2*JK](Z,/%(U!"U7OYDR9$?
MY&)+/K%*<L=5$H=B2XX?35\U\6'>D\-BBJ*9ZH>>Q,+)PD4]YTDDKBB?>*WN
MA-R:CFW-C)1HXT4NF&G+Q(PHOTJK8&))M+M*:\_$BJB^2NO`Q"-10]1Z>7,=
M8E^:-9+G;JSED]%V9NF0]:OIBR8^3,TY)9JI?NA7W:2_)5ZX,'=C'3S<<.KW
MEE19*0KNC9)8Q;Z<NM84OR^IHD!E$ZO8%<:MIGB53%&@DL<JYDZVT`PO4BH*
M1':QB+D">\WP(I6B0*2.15Z-[`3GH$E>YTC4*`JD6R]]OEG'UC2K,\]:DZLV
MW0='S>TVT=2A^';;/M@_8^)<D;S$JIY>.#:6+R'V8[*YE$M-\F=OI2C028S.
M[8VM26J2UTD5!3H;HS-^XZ?M_3V/)GF=3%&@DQL=>^]>:(Z7*14%,CLC`XOB
M@E5G5&JC<LZC$#JJD-_#1E&PAZW1OA_[?8SM^<0RS1V7:1R*>\B1N1`3'Z5F
MFA+-5-X?Q=RAH*$M'-+7=>R?/EU29465Q*@\F@KRFBHI53:QRBM;O]Q2):-*
M;E3&ICD45"FILC,JIFWN*5)1I(Y%C,:!&D>BAK*MD;WUT_#8=]V*1G!__6RW
MZ%9`@OONNQX9/YJK._%1WH]#HJ*9BPKONQ5%ANPSW8`]LJ/D4G.\K5>*`IG$
M,96Y,?N\UAPODRH*9#:QC'0?IBUN-<GK9(H"G=SH&"L4FN)52D6!RLZKG!\5
M3_WT7C.]6*4H$*N]V.E^)'XAY:`97N1(U"@*=-M8-Y@3Q.;\SG6:.UTT&0;0
MGQTRYC3-?>*CU(E3HIG*^\.=*^J^I#(\<<;W'5W8_?UI%!_;A8ZERGCEE:++
MRHE1MG_Q:ZTR7CE5=%EY$RN/1N:.<:LR7CE3=%DYCY5?V?)_H3)>N51T67EG
ME$T+VJN*%ZX471:N8V'33QQ4Q.L>B1I%ES?5QINZNW]JPM"M!J#CON_^#.WI
M`SW[SW]*;<K]C_E:3S<W-05]A^)V,G[KZP^G;F/BPWQ#Z<4D4]%,]?WYF"N*
M-G"FH;@]>[PYM92[1UO*7*J0UUXINJR=:)C3'KUY8Y=KUQKBQ5-%E\4W&N;$
MQX]8$M4(KYTINJR=#V']3<##6S.^%!K@I4M%EZ5W0YBLR@3]EVGK>PWS&Z@4
M7=Y`K6'NO+RZN0F>#SEYZN!"QO+%[FZ0L>]2'%7";[Q1='GCK8;I%;^7RS(,
M8?%(TZU*H34%W[MRS4D?^NQ>0[<MJ$?C[M/`PZF\LS/+B<OLPK2]3,^PF6./
M/FRNR)^(!=%2D4]<*?*)"=%:D4],%?G$#=%6D4_,%/G$G*A0Y!-+13YQY]"]
M_XC%WJ%@FE@QJB8Z,/%(U#"QC5!LG2=6J+KRI[6(6WL*&]MH_-9/S5TG.X1Y
MAP#-G/Z#/RUSH@71DFA%E!"MB5*B#=&6*"/*B0JBDFA'M">JB&JB`]&1J"%J
M(Q09Y/Z)]:,3C]>/'))KZKL0,8AY+F;BPP:#$,V(YD0+HB71BB@A6A.E1!NB
M+5%&E!,51"71CFA/5!'51`>B(U%#U$8H-DBW$A(,/CK(W+L5DN!>VR%K$#,A
MF/@P;Y!>+.@N9HR:$RV(ED0KHH1H3902;8BV1!E13E00E40[HCU11503'8B.
M1`U1&Z'8(&9993"(KF4,4XF?I9;1C3K6('[:TP\Q/LP;9,A4-&/4G&A!M"1:
M$25$:Z*4:$.T)<J(<J*"J"3:$>V)*J*:Z$!T)&J(V@C%!NGJTT$/\EP5[][5
ML\.>!27NB4;YN=B4:$8T=RCZQI@,8Z;JLO!AZK@ET8HH(5H3I40;HBU11I03
M%40ET8YH3U01U40'HB-10]1&*#;.$\L.]UQV4.3=,"&:$LV(Y@[)0DDXS[F'
M0?J]"-93EBXS^,+JZ@DQ4_Q)?)BZ;4VQE&A#M"7*B'*B@J@DVA'MB2JBFNA`
M="1JB-H(Q:;IJN]!;S,,1WU5/OP@B2P9G6Z"0M,`31DU(YH[9#^6:1X)6?@P
MO<Y+%?.W2BL?%3G0%#X2'Z9B:XJE1!NB+5%&E!,51"71CFA/5!'51`>B(U%#
MU$8H-HVIY0^F8<U>RN0P#="443.BN4/6-+ZH>IH/+7R87N>EBH6FZ??B&;&$
M8FN*I1KEF\:&:,O$3*-DOC;4F>0K4*94F_LP/:2"8J5&^;W8$>V96!'51`>B
M(U%#U$8H-M+9PG=0JC/%[GL6NQUZYG.M/DI/X)1HIO+^!,XU2CJZX0+A$ZL+
M'Z7R2]4*+>>JZQ>U$FJMJ97Z*+]?9S[7ZL-TQ[84RWQ4(,;/M?HP%2LH5OJH
M4`R?:_5A*K:G6.6C0K%@C?'4Y&L?IF('BAV)&I\8Z9M[\-:'B7[LX*Y2?&[\
M["O(T?C9H^<^URJUT=-=GW^F;4HT<RBHFLX=ZJJ;@U6Y*N.BI',_/?QG:]I+
M"J^N$DYB8;S"LZ9P>I7P)A;&0R+4S:[2S6/=X".D)T\5U"VOTMUYW?`ZF-G(
MGO+55?+U5?('RA^)FJNVV/HM=I:Y#UY6C)M"5]<^UQ3Z>G?4%%P)7#K$P:IG
M/M=Z/X1ILYX2S1R*FH+;I._(%XQ:$JV($J(U44JT(=H2940Y44%4$NV(]D05
M44UT(#H2-41MA"*#/#Q1/#_QN'BNR%_`B4/1,B$_U^JCU#(S:LV)%@Y)Z;\S
MN1D`EDQ8$26QQCAX/O#4I:R9DA)MO(IO'.$;IB>M+1,SHOPJK8*))='N*JT]
M$RNB^BJM`Q./1`U1Z^6[BSF^\8LNL2&?*-9WM0RSW.=0Y+XSGVOU86J_*=%,
M];V[YT0+HB71BB@A6A.E1!NB+5%&E!,51"71CFA/5!'51`>B(U%#U$8H-DA7
M1S\SI'5WC=8@#OEK.G%1UC.FR#'U8>J9F>I[L3G1@FA)M")*B-9$*=&&:$N4
M$>5$!5%)M"/:$U5$-=&!Z$C4$+41B@UBBO5:"7E@45Z1OZ83AZQ!S%1QZL.\
M05#AGU-_X9`;T^QPM&3&BB@Q(F;U:<V,E&@3B]AG?+?,R(AR(S(\_=//UYE0
M$NV\QH7!=<_$BJB^2NO`Q"-10]1Z^=.TVY>Y8@<^4?7O"B*VBW(E^'C6_>@'
MQ].)G+A,<:7:;4HT4WUOYSG1@FA)M")*B-9$*=&&:$N4$>5$!5%)M"/:$U5$
M-=&!Z$C4$+41B@W2U>C/C6&N=A^L&W:+?)UG_#6=.&2ZJ$<S/Y[Z,/7,C&)S
MHH5#W1,WPYT@)KM+)JZ(DJNTUDQ,B39>ZS2#-&UDRXR,*/<B%PZN8&))M+M*
M:\_$BJCV6J=['3/>'-ROGWR(DXH-41MO)*C_Q>[LRO#GW.D6"4)WNHJ]Z;[,
M@#3IZFMBXJC[`IJYJ,#J<Z*%0VX`?<41U.VE;S`KJB1>Y8(-UDQ,B397:6V9
MF!'E5VD53"R)=E=I[9E8$=57:1V8>"1JB%HOW[D_O*BQ,[MJ_3EG=MQ4*WID
M.TFS!#[I?F^="31S49$SW2:]S18NZKE^$XDKRB=>Z]37V5<"UTQ)B3:QRJN1
M:9=;IF1$N5>YT%8*)I9$.Z_5'5?P_873/&?/C(JH]B(7=NC`Q"-10]1Z^?[<
M^X$U-F.W*!"8\;F'@KIGQJQ)W;J"6&(8:<]\Y<YERG[I2#XEFJF^=^1<4?!J
MV,(Q>=BI.SK[!LI24[S*2E&@DL0J]I7^M:9XE511H+*)51Y-X]QJBE?)%`4J
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M>*WNA.`K#LQ(B39>Y(*9MDS,B/*KM`HFED0[K]4=G+_6_8T+$RJBVFM<.+8#
M$X]$#5'KY4_GW^]C[$>S;O+<'?4CUU,<LCXU=W,3'Z:FG!+-5-^;<JXHO)UQ
M3.^H_<&=+L!24[S*2E&@DL0JHZ#-GF36FN-E4D6!S":6\1,B-YMT9\R+9&=$
M\HLBA69XD5)1L">[6,3>EN\UQ:M4B@*5.E9Y-;;/F1XTR>L<B1I%@73KI<][
M/O:F6;)YUIM<RGGD4@[1U*'X1AO?MV/B7)$\.J&F7CBFW[<;WQM#+#7)G[V5
MHD`G,3JW]I9]K4E>)U44Z&R,#@:0K29YG4Q1H),;G6`EX^3S0G.\3*DHD-D9
MF>"9I)/,7G.\3*4HD*F-S#F3XM(?5<AK-XH"[=9HAQ\GB?W9+7N<*?@\NN60
MH.#C4-Q'X@-W/DK=-"6:J;P_BKE#04M;..0*/N,[4]M84F5%E<2HO#5K9&NJ
MI%39Q"JO1O9IZRUE,LKD5L8TK((J)55V1L7>:.ZI4E&ECE5NS9LJ!XH<B1KJ
MMD8WJ+#%UNM6-`+K/=LU=O'FCJ='QI)FSC]Y'**\)8%F+BI<K%$4>;+/=*.V
M?>)BJ2G>V"M%@4KBF%,9O3'.7FN.ETD5!3*;6";\&XENW.YW-CBF[(Q,;F1,
M/;W0%+\SI:)@9W9&!8LTFN-E*D6!3!W+V/[EH"E>Y4C4*`J$6R,<E$QB6W[G
M^LPCUV<<,K8TIW7BH[PMAX4=13.5]\<[5W3YBV4+%R:O;'63YU'PQ;*3.98J
MXY57BBXK)T;YK>G$UBKCE5-%EY4WL?*KD3715G6\=*;HLG1NI4U]H5`9KUPJ
MNJR\,\ICTYCW*N.5*T67E>M8>6S.\T%5O/"1J%%T>5NMV59PLQLW#[-"U/?:
MUWW@[I&K2`[%384?N/-AVC"F1#/5]^=CKBC:`%^ETC"YX3S=#+^YP^T8UK96
MFG19.]$PIST:W=NEBK6&^!U/%5T6WVB8$Q_?!U^4=6,`=CS3I,O:^1#6?^`N
M>%GHI%SH[_U>EXHN*^^&,/?][`?C[+T&>.E*T67I6L/<"7EU<W]G6OK!A0P/
M19GYPE$E_,8;19<WWFJ87NK[MT$=.VI&;\UR%R8_YLMVI_AX\N/0<U^V"\*&
MMG.&S1R3LK2&S17Y$[%P2-XCTZBE0\$D8\6HA&C-Q)11&Z(M$S-&Y40%$TM&
M[8CV3*P851,=F'@D:IC81BBVSA/+4F^Y+.50]PA`L%**+]OY,+VH4Z(9T9QH
M0;0D6A$E1&NBE&A#M"7*B'*B@J@DVA'MB2JBFNA`="1JB-H(Q09Y8LGHK5M!
M">[I';(&,8/?Q(=Y@[C%)M\1S!@U)UH0+8E61`G1FB@EVA!MB3*BG*@@*HEV
M1'NBBJ@F.A`=B1JB-D*Q0;K%C^#.6Y_R>>L614*#],@:Q*S.3ERFA'F##)F*
M9HR:$RV(ED0KHH1H3902;8BV1!E13E00E40[HCU11503'8B.1`U1&Z'8(&9%
M93`(5T[>]L@:Q$SH)CY,W3`EFA'-B19$2Z(544*T)DJ)-D1;HHPH)RJ(2J(=
MT9ZH(JJ)#D1'HH:HC5!L$+.L,1B$RQ=O>V0-8JJP$Q_F#3)D*IHQ:DZT(%H2
MK8@2HC512K0AVA)E1#E10502[8CV1!51370@.A(U1&V$8H.8=07<WYC/`;WE
M>H,B?_<Q(9H2S8CF#G4OLH038;.^N_!AZK@ET8HH(5H3I40;HBU11I03%40E
MT8YH3U01U40'HB-10]1&*#9.5[(^-S=QI>QP;H+J]N0MT)1H1C1W2);00H/@
MTX<^S!NDWV3XZ4,?%8F9677BPU1L[5`@EA)MB+9$&5%.5!"51#NB/5%%5!,=
MB(Y$#5$;H=@TIF8_#$>LS;]U*.Q5@*:,FA'-'>K>*0]Z%;M8OO!A>IV7*N;G
MRRL?%8F9<3+Q82JVIEA*M"':$F5$.5%!5!+MB/9$%5%-="`Z$C5$;81BTYA*
M]F`:5JG?HH8Z(9H2S8CF#EG38"CJ-REA>IV7*A::9HB*3&/$$K]-%5M3+-4H
MWS0V1%LF9AH5MP-\^M"'Z5X4%"LURN_%CFC/Q(JH)CH0'8D:HC9"D9'D3];$
M8]9SDYT^(:[F*NO>_AXZD[%=AI@$87H2IV?83%E0E9TKBV9!_`)B$*:;6"J3
M/WBI;*7LLEP2A&GJ6ED@ERJ+Y,Y\!S&(4[VMLD`O4Q;K\5.(09SJ%<H"O5*9
MT;//$.V".-7;*POT*F5&SSZH5@=QJG=0%N@=S[!&F=V&*=^T09QLPYC[B7*S
M/+2`YS&4=>_E#B:6;RN9%19Q<9\K<7I,XF(P<;';AN\,Q,4]>^;CB!JF;XO9
MOV4JEH:V6/H:;;%T'Z8/)MD7M\3?T!9_7Z.]T3"G?6_&?[$ZI,7JUTCG&J:[
M;=:IQ?60%M=?(RVF[\-$VE]XO)4D[0!;D'9PS1:D&5RS!6D9V(*T##!I&==L
M51K&L-5N7?CQT3\D95I)5PX_<]LR>M/7R<-/)BJ+%A//?#,QB`M:2:\GN<JD
ME;AM1*T$;'$F3EH!XJ05@(GEP<3E8.)R,+$TF-@83&P,)IX%$Y^"B4_!Q)1@
MXD`P<2"8V`U,O`4FW@(3;X&)D4)FO/-$.7[TAO7X@?EK+;VI*[7+G>C0Z_)[
MBD%88!VW"2\G'2R86*=G^@)D_,$F<1%2Q$5@XJ*>R1_=.3V3=&O?FQ5/(4L\
M!2:>ZMGEUSS$9D@5FX&)S:Z1$^<A59P')LZ[1D[,B%0Q(YB8\1HY\2=2Q9]@
MXD\P\6?/_)7Q8[9QZQ-K`Z,W7!Q09GLZ4PD1![M5!-^KR7P`3'HZMXW(KF!B
M5S#Q*)AX%$P\"B:N!!-7@HDKP<2"8&)!,+$@F/@-3/P&)GX#$W.!B;G`Q%Q@
MXB0P<1*8.`E,G!0RXYVNHG]VE.Q+_?$HZ9B_UN*3GED_F=4F\<X0%W1UT).N
M#DR\`R;>`1/O@(EWP,0[8.(=,/$.F'@'3+P#)MX!$^^`B7?`Q#M@XATP\0Z8
M>`=,O`,FW@$3[X")=T)FO&-6%+1<([>(9^Y#'(N\TS/K'3/!%N\,<8%WH"?>
M`1/O]$R'2?LHJ!@)26(D,#%2)&3_M*R8"CEB*C`Q5:0C3XB;PQ6+(4LL!B86
M,TKQ%$#LAARQ&YC8;=#QDY5S=PI(%0>"B0.OD1-3(E5,"2:F!!-3#IOH)BW!
M5^N-0;N%@+.=FUN4\*6\GT=O>F;-:`IWTN$-<6I&,2B8#(QN&][P8E`P,2B8
M>!),/`DFG@03'X*)#\'$AV#B/#!Q'I@X#TS<!B9N`Q.W@4GG!B;6`A-K@8F/
MP,1'8.(C,/%1R(QWGEC`D$\RG.G<L%XA/NF9\5-PNWIZ9%>\,\2IG\0[T!/O
M@(EWP,0[8.(=,/$.F'@'3+P#)MX!$^^`B7?`Q#M@XATP\0Z8>`=,O`,FW@$3
M[X")=\#$.V#B'3#Q3LB,=[HU@+/]CENUB/H=QWP_(=YQBPABS^'V43XG9LI#
MXITA+O`.],0[8.*=GEV^71,[(57L!"9V&N2Z+OG5K7FW1KR%)/$6F'@K%K+5
M7#$:DL1H8&*T0<B?1`QKXCVDBO?`Q'O7R(D=D2IV!!,[7B,G#D6J.!1,'`HF
M#ATV<;HD,I4;9@BQ7T=FM628R)U^859%'+/]FK\Y/?5KDY&/4V].S["9LFA9
M1+?KV\1"XY[S*U-7FAIL(E&F\\+AS)SV?JV_#E+2,VRCS,F8N^BM_CJ0R<ZP
M7-GE@RLT+)`KS["=LLMR>PT+Y*HSK%9V6>Z@88'<\0QKSK!6F3N/_N[1&+6K
M_9[K6$>NGAQVK(Y9H_I&H$;M<R4N,"J8&-5MPYMR?H:)4?NXRV=KJ6'!V1*C
M8A-BU$&N:\4/9@P0IR)'G`HF3AUT+G2'XEBDBF/!Q+'7R!4:%ARE.!9RXMA!
MKCM*6X04JR)'K`HF5AUT+ARE6!6I8E4PL2J86'781+>KHQO?\QFS=O7EP*S/
MKD%+K<6^3CURS)K8=#32V_:YL8G!Q,1N&Y&)=;M^[4]<W$-]']JN>HE_H23^
MI9(8.%+BQ$"3_"Z)@2DD#HZ$1O85-?&NR_)*XETJB7DCI>`*GKJ$0G\?NY9"
M8MM(Z)5YKTULZY+\'HEM*22^C85NQT9*+`LIL2R86);RXME!_GRS,,[M*L^!
M<_U\P)6IHVX6I6MQ(YB,_3V+/X=BOV\G!D6J]+(]"UX=%W_VS*V</MZ8*HKX
M$T+B3PB)/9V0^QSFXYD>%DIB4"B)/YU2_]?_;LR2OM@3.F)/Z(@[(YT[W[^H
M.Z$C?2ITQ)R1SKT9.<2<T!%S0D>\&>F\.N=-*(DWP<2;4!=K.O7^_(]O;_P`
M;5S95;'/NM*5MR-7]LSVFWYBH8/_$!<,_F!B2[<-WY#%EF!BRYZY>0RKC<P1
M5T)'7!GKF"J4C/K($4^"B2<'G?,-_W0:Q)I(%6N"B36OD9/^$ZGB4#!QZ#5R
M8E2DBE'!Q*C7R$E/BE1Q*YBX%4S<.FRB&_R?>B5_-.JJYF>]ZLKID5=[%GO5
M?D%&.M4A++`JF%C5;2*R*IA8M6?.JB/[84;I09$D7@43K\9"MZ:1B5F1)&8%
M$[/&0OC*O09(EZ&G0&P*(;%I)'1K9DOB3^2(/\'$GX/.A=8C_D2J^!-,_'F-
MG/@3J>)/,/$GF/ASV$3GS]O`1:8S[2KH9PWJRNV107L6&Q2?,97/*(AF_,=!
MSC`QJ-N$OXK2EX*)07OV[(T44L6F8&+30:Z?MYL9UO]1=G[-;=M*%/\JF;[G
MQI1(2=;T9B94(D>N';MVDS9^R^UU_DS3NN.X<[_^_8$`2&#/VE:>VIS%'M*[
M9T$"H`!D*D[(5#!D6A/9W0SH3<4)F0J&3$>B!^2%6L45M0J&6O>A0ZWBBEH%
M0ZW[T*%6<46M@J%6P5#K>(F0DME].^XV39BG=]6:)O`KM4:L5JML4$=_.K;+
MG<E+!T.NZ1J57`5#KA%[5*[BBEP%0ZXCW?"DT3<`\4&M@J'6D><!D:%9<46S
M@J'9?>C0K+BB6<'0[$@7B[*>AT.LXH-8!4.L(\\#?R5B%5?$*AAB%0RQCI<(
MMUI\%6QZUK`N4&CU\6%_6DBH-!PQJV$C`C0\MBLT+!@:3M>H-)RP>E@5P3SL
M=UX*A`GY*A/ZK9AF=J1'=RM,"%B94'#%).<;9GO]5J!$:+<F,@,T1)N<IB@A
M6B5"M161W6T+U0H1JE4B9%L1L6IBWIU0K%"A6,%0K-(CV9'>KPJCW+!>\%W*
M38L.E7)E(0*5"D9/&[%Z.D!V1\W-BMSRKI#HBMTUZ7TC.&V0:FKE=6Y14*%<
MI4*Y-56WG$:DPW`)Z2:W22A(5ZF0;DTE2WCTNT)%OZM4B+>FZLS?AWJ%"?4J
M$^JMF9A[EUY7J-"O4J'?FLH5L'`A8,$0L/(CX)I_51R?56MW=M\2UF`P2U@)
MJWM7NZ_AIIF:39VK8J]RNT)8VXQ5?6OR35-6G6S_EYT*HEW&"J+CC"WR"2Z'
M9H#S4VY1,)UDK&`ZS5BZI:<S^YN,-[E%P726L8+I/&.9R93,S]E>\%QDK."Y
MS%CF:8W,?\D-"J*W&2N(WF4L$16S2D,-_YKM!<]O#O8^8P7W5<9R`KIB!ULC
MR[!6\#U=ZBPM.)1=:L*,7,VT('*-KC0KY"H8<DV7F#HOY)HO6RX!)#"_"ZQD
MBC5[34SH59D0;`034VNW9T:O<D_H59D0;,7TM%D:?2!8H4*P2H5B#57=":)8
M(4*Q2H1D#9%YAB-984*RRH1F:R;;QR-:84*T@B%:94>U%?M\,2G(B#8L%GR7
M:/.2PZB\OIE%S(C6=`N(=FQ6B%8P1)LN,4D-T2;LX6TTCW*[M.WJW'Y&\SHW
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M3.R44_9ZD)UR2NWR_JS=RNX30$G%-N,&K6;H3'W)#5!?>]T`]57?P*PA]^/#
MV%186'Z1"NO^-?R<^O.7W_\PF[2RJH&#??V/V&/;M&;?T"Z7T$L/I*XB8[E3
MZXA-*>%)%-N5>[5FK'[X2#L*1#`*(F*%+P4A[1"_8*A=?%&[M$/9@O%H$%_$
M+.T0KF!(57R1JK1#EH(A0_%%>8*A//%%925F5!4630I5C=\[S-(*2]4G1ZS>
M/6U^8,;0O-F,[0KQ"(9V!*-/%@SM"$:'*Q@=KF!H1S"T(QC:$0SM"(9V!$,[
M@J$=P=".8&A',+0C&-H1#.T(AG8$0SN"H1W!T(Y@:*?$C';"$H:KG;3>46DG
M8E8[YDF$=L9VA78$0SN"H1W!T(Y@:$<PM",8VA$,[0B&=@1#.X*A'<'0CF!H
M1S"T(QC:$0SM"(9V!$,[@J$=P=".8&A',+0C&-HI,:.=L*+@:B<N-?#55LY_
MSVX$PY/,:L>L8J*=L5WVY:$E&-H1#.T(AG8$0SN"H1W!T(Y@:$<PM",8VA$,
M[0B&=@1#.X*A'<'0CF!H1S"T(QC:$0SM"(9V!$,[@J$=P=!.B1GMA*E]5SMY
M(:#43L2L=LQ;'-H9VQ7:$0SM"(9V!$,[@J$=P=".8&A',+0C&-H1#.T(AG8$
M0SN"H1W!T(Y@:$<PM",8VA$,[0B&=@1#.X*A'<'0CF!HI\2,=L*LNJN=-`=?
M]3L1L]J9WM"'Z0*T,[8KM",8VA$,[0B&=@1#.X*A'<'0CF!H1S"T(QC:$0SM
M"(9V!$,[@J$=P=".8&A',+0C&-H1#.T(AG8$0SN"H1W!T$Z)U=J9W[?0,AC,
M2"MA+=W8.+YMYL7OD))VIG:3=A1[A>OP#(0OM]LZV)&#O7:PG8,=.]A/#G;B
M8*<.]L;!SASLW,%^=K`+![MTL%\<[*V#O7.P7QWL-P=[[V!7-6:T$R:@BW[G
MT4\CYGD:>\QWWV1L&E=O'.RE@Z&?Q#?YHI^(S9'\J-%#.SF$I,9F67I(2C`D
M)1B2$@Q)"8:D!$-2@B&IB,5AOPEQF*O\KA#G2=`RQ`F;PD2((]92@6.89#-$
MHCXVRV$BZD)'U!-6[#='C"/(?-#P.=B!_0"4B*<6[7BW1%RI"+FE,N\Z)$"H
M2(!2D0%+95ZYR4=R&^)E\A'FMHI\C%,+\S3I53YJ,U;%/;4+O^`8`T^1F25?
M(C\U+$*?P(F1T$>,<4EN1^0%(];B2ZRE':$6C."*+\&5=L16,*)9^IIHACD<
M-YII$JB*9L*FOQT5"T;@(A;>M<L`FU4\9"R^Q-+QE0E<PAN;\?@:A'UH%BV)
MM7`3ZWVX"7_%/;='"9$+X287^W"3GHJ[FYM)+G)5<IM<A3D3-U=Q,J4:W,X3
M5N5*,'(5,9LKLS)-KL277`E&8B*6$F./ZB8OXD->!",)-8]Y.28'XD,.!"/@
M-8\I<N)=^IAXAWD&-]YQ`J*.=\*J>`M&O"-FXVWT2[S%EW@+1KPCEN)M2HQP
MBPOA%HQP5S3V2W3"+3Z$6S#"7?.8U6G"7?J8<(>AN1ON.&:OPYVP*MR"$>Z(
MF7#;[[,(M_@2;L$(=\12N$W6"+>X$&[!"/=#-$1;7(BV8$2[HBD.(1Y&`42[
M]#'1#H-9-]IQE%M'.V%5M`4CVA&ST3:SL41;?(FV8$0[8BG:]LLEPBT^A%LP
MPEWQV$Z)>(L/\1:,>%<\^FE7Y6/B'0:`;KSCR+".=\*J>`M&O"-FXVU>IXBW
M^!)OP8AWQ'*\QR7#04Z$6UP(MV"$^R$:HBTN1%LPHEW1:%=2NM3!#N_49;`?
M'18-#F:HG;$R"8J];!)6)6%I?ZOZ*C<K5A:W(U:].28^7MJ&#_A-,E^/3M-]
M[4:L(#K.8"(R?=5/V5S<T,F(%3RG&<PW9*KY3;9[@Z<VC*L*U3^>B#00*U\[
M!Q*2,_W!FR9A+6^VQ2NF_>*4Y$0^VN57<S)1#O8&:9.)C/'?D=!Y[TSM>(R%
MY+2VRR4[F6B\(-G)V(/D)"RVR^3VHP12EHE&<E*6L0?)R6)%OK`_7B:-F2B0
MFWH*P[&'TF@_$FC3^*U*8SFF2]-4N=V4'E(F[4B98*0L8L72_Y&#D1'Q)2/B
M2_0%(^#B2\"E'<$5C'B6OC&>S[Y]OKZ^>_GA[L/S'_^\OOUTO;G^^O7;D]]O
M_OD+T7%\.:H:\2>WUQ___4,_:]=7K+23$[%T6#K7LL`RC$;%9XEEF.RS%D;`
MZZLPU^1<J5EA&HY%$*]#+(>>SPPZOL]VV&8-EN$+$,LVFV$9-".6.99!)=;2
MX!,?GF+!)W8:8B&F_.[8N;>&F/*+3\]"3/EUG6<AIOR4R;'@XGK@X+8GS&Z4
M";(;XR:DS(UQ0XS95D7O*<P[K7ES\**,;1YL7IQ#EXN-3D(Y7S3K%QY?'V["
M:=^'-'LX"?.N_:)=OPCEI%?N2:2;1]+H9W$6$NQ7#0O+P>9FC(7#8'.SQL)0
ML+F98^(_V+SL\0K6K'G+<2/$#XV(]CTU1VFQ`NWGG>+"YG-27MC<./+)6+!Y
MT6>AO`TV-\X-0N,^_>M1FMC\ZS6!\YX:I`BQ^?EK%L'FYZA9!IN7(S8`#)QL
MO:L:PA8XV0%5;3T;6@;;/9PA1^Q:J'YAP\%@\_+>\_,@;&[=LK/=P9JM[+S<
MLB7=4.Z>C?L,>>`D![T7;"$/;,ZO-NXSY)V-T=6&7\@16UVKC1.,UN'((K7@
M%?XZ]R]@V\2#-?LD>G\!>R`>K-GTT+.QK>$!E>+:V*GP8,W6A)[?1;!=^C8.
M-EN'4\OT+^"4LG4X@DPMG&N%C_=7[["$$ZC4AQ.GUN&(*;5PI-3ZW+7TAW20
M'&VL/OTA721GVGH6ND(.,_4L='F<8JD6CHS$XNF>LP+Y2SW5[["$4_V4K5]1
M1BN/K5]11"O?AQ):>;'N5Q30RHM;?XC`.#K>N8-#'CB<&>Y8EER'!7?'LH)M
MY;*M**GX`:I]?UA14"LW/RO*B<]^O>M03"LO/YLE;/$,-'.=S1*VI<NVA(UC
MM/0ZFR4='1_OJJ5?DI^X.F2NTR_)3_S4W5C>+I;K=PLO<^^Q7+F6?D&LXUNY
M8>L7Y)277+VWS9(L+-TL+,E"_%VJL''7[AULN;<CU[+#<NQ:3K"<NI8S+.>N
MY0++I6O9+JC3A9>Y[:+EWKS,[;`<NY;MHL/'R^D.R[%KV2X6^'C5N,-R[%I.
ML)RZEC,LYZ[E`LNE:^D[\L.OD37;?8=".-O*LQSRXN8II%_P\./D#L=G0=4O
MW*I?T(_R$SG'IT-OG<O6H;?.9>NHT\YGHQH[+Z=]1S5V7N;ZCFKLO/QL6JH^
M3EA8Q;=<IW6OTW*=UKU.RW5:[SI]2Q9:-PLM==IZ6=C,R2FSRAK1S1PVYC_5
MTL]A8RY/+9N6+##=Y5G(@CO6Z%NRX(X%WC*P>>>.:]YCN7(M?1CPN..=?DZL
M68QS[FU.K%DV4DL_)];,WG@6[MJ]@RWW=N1:=EB.7<L)EE/7<H;EW+5<8+ET
M+=LP?'%'+UL&+T?NV&6'Y=BU;)E&.')G$798CEW+EH'0D3L.VF$Y=BTG8?#D
M6LZPG+N6"RR7T?)L+*UOSW_\^\.GZ],/MY^^_/7MR=?KCTS%'`R_?[G]\NGS
M^(^[F[^9HOGAR7]N[NYN_AS^]_/UA_]>WX;6+")^O+FYR_]``,_^=W/[QS#=
M\_S_````__\#`%!+`P04``8`"````"$`[::A-2(;``#'C@``&0```'AL+W=O
M<FMS:&5E=',O<VAE970R,"YX;6R4G5USV\B.AN^W:O^#R_>V1>I;E>14(GZ3
M4FUMG=V]]CA*XAK;2MF>DSG_?M%L-`G@;=G*7$R2AP#(?OL+("GIPS_^?GRX
M^-?A^>7^^/3Q,KF>7%X<GNZ.7^^?OG^\_)]_%E>KRXN7U]NGK[</QZ?#Q\M_
M'UXN__'I/__CPZ_C\Y\O/PZ'UPN*\/3R\?+'Z^O/S<W-R]V/P^/MR_7QY^&)
MCGP[/C_>OM(_G[_?O/Q\/MQ^[9T>'V[2R61Q\WA[_W3I(VR>SXEQ_/;M_NZ0
M'>_^>CP\O?H@SX>'VU>Z_I<?]S]?0K3'NW/"/=X^__G7SZN[X^-/"O''_</]
MZ[_[H)<7CW>;^OO3\?GVCP=J]]_)[/8NQ.[_`>$?[^^>CR_';Z_7%.[&7RBV
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M;OY%L_N.;;Z@3:(MML'"S7`7-K,@MZ"PH+2@LJ"VH+&@M:"S8&?!7H`;TG`0
MD@;`;PGI[)V008(O`8S*ID:U8!%<,@MR"PH+2@LJ"VH+&@M:"SH+=A;L!5"J
MT="7JH51YO#'2_K_,,K2Z5*K\<7;T.0-<FR!9$!R(`60$D@%I`;2`&F!=$!V
M0/:2**UH=L:T<IAF+RD\B(53TAO-:.\8C))D:0?88!4DS8#D0`H@)9`*2`VD
M`=("Z8#L@.PE40)2ZV,".MP+&%K]Q9,9[7M2K:D>@-O!*OAE0'(@!9`22`6D
M!M(`:8%T0'9`]I(HM2A=D&KQSG"])(?7'_=W?WXYDCC)L#$X<ZTBD^DX03U9
MC5,V`Y)[,J4$8-!^G9K]HQB,@O0ED`I(#:0!T@+I@.P\6:U=PY1D-&!^1S)G
MKB5C(B3S9"UG=SI?Z)&8>2.A:\Z!)NM^BTXGB=FCB]%@D)!/M1CZJQJ-W$9/
M4<P4J$>#$*6!*.UHQ%',LM.-!B'*CE&_/2J)7<TG\I6P83BLI60BI&2RIMC#
MT*)%T"B3>3,I9LR1:@[="05;41[JFCFW<4N(6YT5M]9Q9].Y/F\#<=NSXG9L
M-5GTUYO,5F94[61@U0<T-V4?O+<R.'/=-TQ$WS"9T#F'OEE-U[JIF;>27>/)
MNI^*?299>#*=]JU:F$XJ(4(%$6H5X2HQ%]%`B!9"="I$DI@!OY,AE+*NB/D=
M:7M[K6U`0EQ&J1[X9BYG;"75#;$F=%E#M^#(9[.I'TF+F5FM2XQ<G1>YUI%G
MB1FB#49NSXO<!4\_6Y/Y>J7'VBX8])N5[B17`H@U",;_/X\_J4]H`'+)Y$L&
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M:*\<]<+@"A2Q,`SR^<)%R<=(RN>1D""C&\O]RJ%R#5+4I`HYVPG7(NH*^V')
M9E/99>G<;#`5QJ_/B]^<%;_%^-UY\7=C?#<!3)ZP5W%U5[G"*-95OF!27<5(
M=A675:(Z3-C*=I61,F<[U540K60KZA;7K&2B-_P*@]2(&AW$7$B+#AVBG8YA
MDL.]<M#ZNJHHIB]72W(E823U]4B(E"5LI?2%M#MG,^%9("H9!7E-LRKTJ!$U
M)HCNHA8=.D0['>/*K)1[Y:'U=15/3%\NE:2^C*2^'J4NQY$KM:D?LF2T&U=J
MSY3"@,K@2>EX\*R8"<\:41/Q;-&L0[2+>.Z5F5;0538Q!7W%HU8`1E)!CT1;
MLH2MU`B-+=;@6K"KB%8RXB$Z,[.W0H\:4:.#)`N3M+?HTB':Z2C3N5F-]LI%
M:9S^9HW8V^L:,2"A/2.A5A:LE/:X.J!GP6@]+N4E(Z[+[>*`,6J,T>@85Z;[
M6@S289"=#I*8WMNK(%KW]\H^4Z&D6/8%)'7W5G;5L#>EV-.9A:F?,Q-=5@0S
M_["^+S_+<-*EOR5B;_I7&*:.A&E,F&1AUM46XW21.#L39[HP3=VK.+H'3(T8
M4L$4:\&`I-+>RBJ],C,O8U<M-=21!9N)M+D,)UV/3_4J9J*3:O1L(IXM>G;H
MN8MX[I6G5C!6$::+:WKQ81`3B\`4BT!&HEE9L%++19*LS-V@'%T+1"4C7JI7
M9A.MT*-&U.@@5_926G3I$.UT%'N;=*\\M-JNV(KLAJDOPN1N&)`<K]Y*2<R.
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MKJ2DSHRDSK*D\"]Y3]G*ZFQ*FISM1!<5C`:=D^L%*%*B7V7\IM=++>L:HM08
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MHS$>5V>LN:T*H]2;F;HCJ-=SG2<&)`8@(ZE>L++JF04K1]>"45#OK,T>PU0V
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M69LJ<3N:!?$R1#FB`E&)J$)4(VH0M8@Z1#M$>X6T>"Z1%\.QG_OI_)JP_]`U
M?DC6?<[.O)S,2-]1I.\9T$O0=C0;=?7!Q$W&'*T*1"6B"E&-J$'4(NH0[1#M
M%=*ZGBB#W-"SXGEDQ3,38,N>0JD,48ZH0%0BJA#5B!I$+:(.T0[17B$MGBM.
M[*!,YB<_G>>DLZ(RDAN21V+]R]A1H!Q1P<BE<<.JD<Y-0EJ.5F%P5XAJ1`VB
MEE'D=NS,9>*_(XW/W&4ITX>@Y%)*XZW>>^N=/=5;[\R$A$4XP>FWWH7%*):_
M!G'?MA9F;GO"C^@UPB($:@/#V[(S5:R,GV'IN4FWL5AAJU2_K)[:"BL3=N&:
M<F9*)7\&T=Z2K02JT+%&JP91JQS5[)JKHF-4H>=:A8#$4&$D6I(%*Y76V0^G
MY>A81!WQC7,VHV<4;A0D:U/,5!BY/B]RHR.GJ=FP6A59BZ@*#/J'^VH)_:[1
MG`L+D=$%)/7$6B-8*3V3=&+OS;"=Z(H"4<F(U5N;;:5"CQI1HX-`.=(J%RV4
M*B[$:,,B8HY%!"/1Q"Q8*746H`U4'P7&*AFQ-O8Q?(4>-:)&![&/45OEH:51
MI4!\#&%5,,>J@)%2B:V42C2&[)TH="T0E8Q8)Q.C0H<:43/&D+NH>:;5*D>M
MEDKSQ4#"-'_.2$XSCY1$;&4E,AM[SM&$:X&H9,02S4U)4:%'C:C10>PKW*WR
MT.*H-)Z'TAL9TQQS^("D:-Y*M#P+5DHT+.'93'@6C,0[2"4C>AC6+^RZ6J@P
M1HTQ&AW#R-ZJ&%HQE:"?H1@F[G-&4C&/3'V>3LR6E;&K>@[)3&G&X>0;S^&L
MX1VDU"Q]%<:IP^E$G,;&6<)4]"?WUZ.U4_FYF(J8A\\Q#V<DVIDARA$5C$1Z
M5"*JT+%&JP91JQQU>U72+=J+R?6<D1P3'L&8,+<.,W;58\+["JT*-A.H1%0A
MJA$UB%J%M`HGLN<YI\HRS\'LF:W$96?!4:TEM$>9@9BC:X&H9,0+\-2D<A5Z
MU(@:$\0D2ZWR4.(L3B35/==)=4!BB#"2X@0K)<["2H..!:*2$4NS,(MDA1XU
MHD8'69E=LE4>6AJ7X0XE:S3-63@3HQ(CJ9)'2B6V4BK1$#)-S/D$PK5`5(;+
MH&6RWY`2^\&E"IUJ1`TCUGN=F)G>*A>ME<F6(V7%`A/G@*16D/]FP<IH93\J
MFK.=T@JBE6P5QI39NS%&C:C1,=9F(VN5AY;)9,[A\<X"T^6`I#;>2C0P"U96
M&[,`Y&PG7`M$):/0_Z9=%7K4B!H=9&9OIK;*1:OC$MMW)ASGOF+-7C"20GDD
M6IL%*RN4N>6?LYUP+1"5C%@H^R5X%7K4B!H=9`:3339"ZZ229C+#&GZ!>7)`
M4B?,DX.5U<F,A9SME$X0K60KTNF-VJG"6#6B9HSEUCB[3[;*0\OE\L%A6+D'
M<?X;8!8^3Y2W&`.2&LELTK\M$:RL1J:^S-E.:0312K;BL92:`5EAD!I1\W:0
M5GEH<51*S&/IC0)L@:ER0%(T;R5:G@4K*YK9CW.V$ZX%HI)1$,T$J="C1M3H
M(/;&>*L\M&@NNQ4CJI^`;XG&R;5<M1A)T3RR^;;]>J5L,=H-]VF9*=78C`0/
M9N7@ZCY92+<D9U,8;MY+!*J#DPC4!$9?.]$'6M@/;+;JBK1Z*A\_8\AAGK[`
M/)V1N/`L6-DA9U;:'%T+1I33"_'XI%3`OKF:>3-Q(74D6A,NCLMA3")D&*7?
M4J7L[^O7V^LD-2`Q^ACIT6??N,Z$51A4.3/1X"+$?^<#,,$S?/>'37^K8#!^
MOKH^+W03/#DT?9.1SO3:8-"'UOJZW/RMV6T^J;+D7%[,[H"DOE@$L)40+D=4
M,$KI&TB"Y"4SFF,!5>A91SP;]&R5IU9"9?7CSKG$5#X@V6)OE=)7>X2KS-A,
MLCS"B@@K(ZR*L#K"F@AK-=,-5WEZR+#>?+O`K0JF%&3D'HH.SU_I4UZF%MZ.
M9J-,/AAY!I2C58&H1%0AJA$UB%I$':(=HKU"6E>2$J;6VV]M+)V+6;T\LKJ:
M&;YE3R%BABA'5"`J$56(:D0-HA91AVB':*^0UM54!"'%=5\+;,7SR(AGGR!N
MV5.)-WB.@Q)0@8XEH@I1C:A!U"+J$.T0[172XIVH#Y98'S!R;X"(&6T_N+D=
MS8)2&:(<48&H1%0AJA$UB%I$':(=HKU"6KQ8_3!=N>^N./DBUA)K"$9V5)KL
M=#N:C<+Z8&*@YFA5("H158AJ1`VB%E&':(=HKY`6UB7B(@L9IK1/T&75NO3(
MCDI3LF]'LU&\P3.@'*T*1"6B"E&-J$'4(NH0[1#M%=+BN>19B-<7:#/Z?94W
M!B5G]S*+\\@.2E/F;Y>#61`Q0Y0C*A"5B"I$-:(&48NH0[1#M%=(Z;HRI4<8
ME#W7FS0C.RA-I;X=S0;Q$.6("D0EH@I1C:A!U"+J$.T0[172XIFZ8A`/ZP<J
M"=R^;4>>>1J['<U&\0;/@'*T*A"5B"I$-:(&48NH0[1#M%=(BW>B%%EA*1+0
M6#1N$66(<D0%HA)1A:A&U"!J$76(=HCV"FFA3.DRC#*L3U9<99ALQMP>V8YF
M84AEB')$!:(2486H1M0@:A%UB':(]@II\4Q],HB'1<@J6H2DMK@;S4;Q!L^`
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M\E#-6IL,\KU')[V]SBP#$LUE9'O.E(_9:#;T'`8K`A(3M63&;_Q=V0_25\&G
MOR;=X!-9'[U/:&_-!"0;QNF<&9*FM,O84TX^#%8P6M/^,XQOG'S!D3XNX![M
MP.P+QR--/9&CN=]),G>A`I)-]5:V#\W[4!E[JJ9R_#%8@?'+@,22J9#N-9<:
MB;TLS+ZUXV8X,AK/O@U6(\H8V=EG:LD</0M$)2.>??:&<J4\=+-<ZB&:]>[L
M\ZF*W*+=Z'$*C&W;,K(]9TJ];#0;9Q\$*T)\-?N\F?OR&3%P3:I5!<_^RG2S
M368R]"9F(&O(&K:,;//,FI>-9F/S(%C!5NY:15-,REV&J^`Y:+_-N@K'(TT]
MD:+0RZ<P<!G)GO3(-A7FX&`V-A6"%>&48_P24:60[C67>(C!.O0:YRCB3HW[
M]3`[*`%E;&7GH-T!,5B!J&3$<_!J8:)4RD6WZT220E]0#%T$><4V6(VJ9HQL
MNV!M@6`%!BL94;OD`(6Y)F/IUIW(6^C7P*!UF+>PE1V`L)1X3S(;!R`$*\(I
M1ZN24>@U(U&E/%2S^N]RE*/QO:73.^BM8F#C%6T#LTTV2P+]$)C+G.B>T.B;
M!R86XV)@<@$-\)T5-)CY>*;])H]YO_V8X"039F,;J/WQ%,>,.&K_8#?T>6"Z
M_>$<].<;2VSP==]=),S,:>DGT4(X-]2,)";?`4G,BP+)!!.AP,RM/OLC>R03
MIT?C(V&2!!@-"6`T)(#1K[\!H[8"H]]Z`T:_[P:,?N`-&/V:&S#Z`3=@]"OV
MDAF-32+6:_SV$^.$OF/1+C6!&9EG9F<CF;TOV8511C(#(YF!D<S`2&9@)#,P
MDAD8R0R,9`9&,@,CF8&1S)(9F5V&)?;:LV3FY$WLP\G$,RNSV1Q)YL%.R`R,
M9`9&,@,CF8&1S,!(9F`D,S"2&1C)#(QD!D8R2V9D/I&()A/,1`.S6IJBEK3T
MOGK(`B,M@9&6P$A+8*0E,-(2&&D)C+0$1EH"(RV!D9:2&2U=QBF&;$@/$_KM
M5)S^GEDM31U-6@YV8EP"(RV!D9;`2$M@I"4PTA(8:0F,M`1&6@(C+8&1EI(9
M+4^DV@E]H@2U9":>KPQV(Z-E$^Q(-V"D&S#2#1CI!HQT`T:Z`2/=@)%NP$@W
M8*2;9%ZWFY<?A\-K=OMZ^^G#X^'Y^V%[>'AXN;@[_O5$N02]4"?PQ?/AV\?+
M+[3);2A6OU@.+L.QJ3O69T5X;.:.S=Q^A,?F[M@\?FSACO4WF]%OZ8[U>YP]
MMEQOW`/@R-E6DXU[NAD[DM"1ONMMM!4UFIY5Q7RHR?0@)G:$&DQ/&2)'EN1#
M+Y?%CI`/O1X5.T(2T;L_L2,D$+W8$CM"\M";&;$C*SK2WT$R+?V<;#Y'VTG2
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MX0ZW7P_/SH`RQV_'XVOX!YWZYM?Q^<]^Y_[T_P(```#__P,`4$L#!!0`!@`(
M````(0#22&A!Z!4``-IQ```9````>&PO=V]R:W-H965T<R]S:&5E=#$Y+GAM
M;)2=6W/<.,Z&[[^J[S^X?+]QJX]V5Y*M<>O<Y_.UQ^DDKHG=*=LSV?WW"XJ`
M2.*5NYV;B><1`!(`18*4+'_\]W\>?US\<WA^>3@^?;J,/K0N+PY/]\<O#T_?
M/EUN-^F_KB\O7E[OGK[<_3@^'3Y=_O?P<OGOS___?Q]_'9__>OE^.+Q>D(6G
MET^7WU]??PZOKE[NOQ\>[UX^''\>GNC*U^/SX]TK_>_SMZN7G\^'NR^5TN./
MJW:KU;]ZO'MXNK06AL_OL7'\^O7A_A`?[_]^/#R]6B//AQ]WK]3_E^\//U_$
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M6)-&^+M:HGY4@:%_6;[=^7#=ZW7[UX/3+464+1M3DS8;CM->1746Z`?6H/Z>
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M)%$C(#&0!$@*)`.2`RF`E$#&0"9`ID!F0.9`%D"60%9`UD`V0+9`=D#V/@G2
M26MV4SH-ICF9!H&?3SW16JDNK=V^5$?=G;649#T&D@!)@61`<B`%D!+(&,@$
MR!3(#,@<R`+($L@*R!K(!L@6R`[(WB=!CBD_33DVN,JQY.76DBX55'X^NRJ?
MM93HQ4`2("F0#$@.I`!2`AD#F0"9`ID!F0-9`%D"60%9`]D`V0+9`=G[),@G
MY:<IGP:'^;2D2^6NG\^>RF<M5><32`(D!9(!R8$40$H@8R`3(%,@,R!S(`L@
M2R`K(&L@&R!;(#L@>Y\$^:3\^/GD(OB#V4B^?G^X_^OV2.F+ZAK8B(=Y9E*=
M&%3U[,B2:[?2QD`22SJT*ZE'1[NG!D=:"\G@R(#D0`H@I277-V;I#YRG6OYW
MG#?BH?-,/.<MN?$7KW:O'X[ZV`IY$4K84.NFVE>T6Y&:^%(G4`>#F^K7%4WN
MA,SNA*RHY;!P`F*E9%35O$%P*#<8'#H[J<>"$0C#P<0+!Y,;2D&=:-HUZ8!8
M,3\@38IT]A,&,A4I#EM?V<W`;BX:?H?`;B%2;]@M?;M!T,P)BQ\U*5$K'@9+
MD!<M02U*BA\NY7;,<GZ\$*6,:!A4@TJ/P@Q5<D3%&2MEH!+&PNS*O`UV'0N[
M6Z,"3P;AK3EF,F/)CP4C'8OK<`C$K!K$PJIZ*&4IB474:H5F,C23(RK.F2D#
MG3`:9E/3%`V[V0FBP<B/!B,=C9O0C=A4S11(S_4$4<JHCD97%=<9ZN2(BG-F
MRD`GC(;9%'C1L.N./[N8PT`UO0CRX\)2*BY=E=Z858.X6%4/I2PE<6E#6$`E
M1\/%&2MEH!)&Q931$)7>FZNQ.?74,6+DQXB1CI'R+F9K7D`21C=N+4\9M5OM
M:E91MV.&1G(T4IPV4@9&P@B9PM2+4#VGV(*5!IR;4QCYD;#(\S"F1P]PPUAT
MXQ;6E*6B&[L@]&[4Z4*&9G)&GIGBG)DR,!,Z;BHXS_&&&\;6>$$(&/DA8*0'
M@W(H-B?;>B)A5-515:F7LI3<,#?ZOLO03"[(F2G.F2E%IQJ'85Q,<0=Q.7'+
MV&(PB!(C/TJ,=)3@EK%RWH!*S`$_!8Y&BHS$E)'<,NT!W#1@)D<SA3(3#=0D
M5[*`[4T8)5/E_4Z4N"KT;R=&?I0L:E/O7;6BAT`<6:D@1FRK1=52K0E56,J:
M[5:GFFJBZTAYG*'MG!&M\*=L%]KVH*7N@#*P'4;3E'^GHKDY_J1BIBZ4(RXG
M_6@R\J-I4;M%TT\=E%Y;;8IB-F;$9(`ES.QC6[XSK34/92+E)O.<46=0VRH8
M]=TA>,F(UBUJ,8B$>5SD1T*FXXJ'Y:X@SV-&US0::H>CJ*LV+;$3JQU&E"+*
M$.6("D0EHR:'36GII;YVF*M5+\5M1K[#7)@JA]5>+V9-BHMSN-84E*)4ABA'
M5"`J&34Y;`K*)H>Y(/4=9N0[S.6H<EB/:?/XSRPVOL.`4I3*$.6("D0EHR:'
M38W7Y#!7FK[#C'R'N4)4#JM]:6P>-VJ'`:4HE2'*$16(2D9-#JNBLQ[26%RV
M+5*'>EVU/1TY,1FL,:($48HH0Y0C*A"5B,:()HBFB&:(YH@6B):(5HC6B#:(
MMHAVB/8!"N=J4]9Z`[NJ(#O7']S;*?C(VURC<>I72XST&%`ES<B)N3%@C9&F
MH`2E4D09HAQ1@:A$-$8T031%-$,T1[1`M$2T0K1&M$&T1;1#M`]0.`9,":_'
M0#<Z/09XQ^!/?!;I,:`.(T;M6DP2'B-*$*6(,D0YH@)1B6B,:()HBFB&:(YH
M@6B):(5HC6B#:(MHAV@?H'`,F,V&-P;J^=YN0H)[W2*5YYZJPD=F`T"SA'=C
MQX@21"FB#%&.J$!4(AHCFB":(IHAFB-:(%HB6B%:(]H@VB+:(=H'*,PSU2!^
MGL\]VFD;>3776V2*I;I`AZ<9(U%T95#,B)[O\(,(5?$E3D"FAA3-9$Z*S:@Z
M*G<"8J9`,Z638C.J8!D[`3$S03-3)\5FU)HW<P)B9HYF%DZ*S:AI<^D$Q,P*
MS:R=E,M-%/74"<7&B8FQ+1K;.2G/F-[)[YT4V0K'FMEM-LTIO,WUUPY&/=K1
MU(.*.JZVWZ,VR_FCBE'?WR'#L4$BFCV_"&_W5+92%J-_)#*9:)YN(!>QTPT4
MV$`IFJ<;&(O8Z08FV,!4-$\W,!.QTPW,L8&%:)YN8"EBIQM880-KT3S=P$;$
MJ`%S&_6NU29ZBZ9WHG/:]%[$&DP'@[ZC#C_L!#NHBJFF9^>5?#C!"NKYAU5T
M,Z@CD)'(>3<#HXX[S4E$JD=U5WUKX<!G,7*S'OAH+'^?L0*-E6AL_#YC$S0V
M16,SSYA)/1PZS]',`LTL/3,GHK5"8VLTMGF?L2T:VZ&QO6=,.Q@.0',HY,VZ
MYU9X&BMZA1>D!Z"ZFT8BYP]`MM:GZL\;;6IM342S[\_W#8/26@L&Y;L:R-_7
M0,%B7@-EK7G2@W$M=M*#"38PK35/-C"KQ>R#^H8!#<%9U#HG32]KL9-]7[&8
M%YQUK7FR@4TMQB\9P#R,IG>USDG3^UJL98__>VTW*L/[P)P5GKH/U'E\QYXM
M^CL=1NT6G7#5@[FKGS>,1-._#:PQ[P@]8:F..\Y,Q;X_YX)BCHH%*I8BY<Y1
MQH)<BQ-4G(J44YP)<HIS5%R(E%-<"G***U1<BY13W`ARBEM4W(F44]P+JA3#
M_)NC4R__LJ/MV"/5(,_U*:M+,ZVW:GLR8DWO0#I&E"!*$66(<D0%HA+1&-$$
MT131#-$<T0+1$M$*T1K1!M$6T0[1/D!AGM\XJ>[@236CX'7B/AQ<."FIA&)$
M":(4488H1U0@*A&-$4T031'-$,T1+1`M$:T0K1%M$&T1[1#M`Q2FN>F@NMVC
M-P_?_-6LCCU:#NYTB_39E3I!&+&F?W:%*$&4(LH0Y8@*1"6B,:()HBFB&:(Y
MH@6B):(5HC6B#:(MHAVB?8#"(6!.CKT9O:ILSPP!>]@<#('Z_#F8[%6%.NK4
M8FX6`)2@5(HH0Y0C*A"5B,:()HBFB&:(YH@6B):(5HC6B#:(MHAVB/8!"H<`
M%8?^$*@7=</5+IJ1J\I&5(X9*>^EDQA1(HBFBKKHZW55,9`Z*1D?F:"JG`N[
M_9NGKE0D@CN,?'<L.O-:.=ORG$[$/+VMYUR,X/77U)-S3G(_&@HN<Q#GW9YU
M;OB`SCON,Z_XFW3YSC!2+X7K`[J850-WK.J->_<E92D/9=(F=KRKCFRDXQ4/
M!Y4@K^."Z*TP/KI50R5F";_+GI++`!Q:IBPF;])UU*%P%E@.1ES7;`X;DE%Q
MY9/=1_K)$"GGDUHA8Y8(?+)V/)2RE/1?GQUG@96P_V8?U-1_NS_R)_0N(S\G
MC%S_U?0>LY+7V011RDCZ#R_+!RIA_]_8?71Q]R'([S]+N?ZK<^J8E8+^\R[&
MG?VE+"7]CU04LL!*V/\WJNHN5M6"_/ZSE.N_&KDQ*P7]MTH>2EE*^J^"D`5&
MPNZ;.L\;/N<.P<QOC*KU0Y#O%DN16^ZNQ<<K,:MZGB2,_'>F&<D+H%V]W\P"
M,Z%[IA(!]_P7Y<T>1SO$R'>(D78(LF7E`H=8-9BO&V8P$;,/_?J1FAPS[J@U
M'3JIUOIS)^FFJ-<N8PT@4LKEOGI\';-<X+*U%N30(LEA'T:HO=[DG5E'(85O
MOZ+<Y7776T4%^0FU4N;Y;UV[1'K:C5DQ\(W-GWY!-F7-=JMO'[#HM[RRP'28
M3K-*GW)8G<=UN2#P'6;D.VS1N?=CV5CP?BPSJMJDN$D9>:^Y9M*-JLW`(7,Z
M[CLD94/%PR56D-=Q1NHUU[YZ4AL[,>ED@BA%E#%J>+7//&-M[#?7`5[`*]&P
M3F.D^ZT>U,9.S/6;ZP-WQI>B5!8T&<;[C9*@AR4!(W70H_HX<E+2QQA1@BA%
ME"'*$16(2D1C1!-$4T0S1'-$"T1+1"M$:T0;1%M$.T3[`(5I5I53->V?>2.Q
MAU45(S.-NYDPZNMGJ$[,C0%KC#0%)2B5(LH0Y8@*1"6B,:()HBFB&:(YH@6B
M):(5HC6B#:(MHAVB?8#",?!&]=G#ZE.0/[5"(1FSE+_B"3J]S7=2,A@R0;C-
M[_UFU5G)JY6"2TS?'8O.;//95N`AVSJWS9=ND)QSDG5QMVS>(VA</KC2<T9N
M*U&U?$@]&-Z7L,UGU<`=J^KMZ5.6\E`F;39TW-1B7@%2K]>&JRPP\K/`R&UI
M5"4;]ZQ$T&6GY&8A+))9DY[PFQ.$2/_24198#F\45476/F&U:%ZZ,6[Z/DG1
M5Q]=Z&T^*P4^624/I2PE_8_4]B$+K(3]5T5AW7\L_GI8_`ER.5$;W)@EO,XF
MB%)&W'_]GDT6:`3=[[]1`E8\'%*"O/`+<MU7VX>8)?SN(TH92?=U]`.-L/MO
M5(+FK0QU1PCRN\]2KONJY9B5@NYS$>@=4K`4=U]7P%E@).R^*@C/;?+[6"@*
M\MUB*7++W;,-FWQ6#9RSJOX&41J@7UZN[FUXI3$+[(3^-55"D;_+[V/=(\CW
MB*6T1Y`N*Q=XQ*IG=OG2*&\+(_KJ:/@)@HPEK.W02[76G]OF][$&$.3[S%+*
M9]CFLVK@LU4-LF@1/80V2>SHAP%98"7TSJRCWJ)S=HSRNNNMHN;%1#5Q,SJS
MS6>IP#>V=6:;+YJ\(-'YFTZGM=.43E4>@,-JF]_'LD&0GTXK=6Z;SYK!-I^9
MO\UGY&_S@S;##)HUW,N@+%'F#3<]23+R.VZ1WBZ[=Y;LUS[9F/=J28(H191)
M+ZHFPWZ;=;JIW[SH^R.,D=]OBW2_=<U#(31!"/H-*$6IC%'#\43_C9*@XFI-
MM26!WN.IN6?$FMZ&+D:4($H198AR1`6B$M$8T031%-$,T1S1`M$2T0K1&M$&
MT1;1#M$^0,'X'+Q1.U4\S#.CX#@GBOJJV!LY,=G&Q(@21"FB#%&.J$!4(AHC
MFB":(IHAFB-:(%HB6B%:(]H@VB+:(=H'*,RS*C*K!>'T6QL#K#\9Z5M=%<PC
M)^:&@#7FW?T)2J6(,D0YH@)1B6B,:()HBFB&:(YH@6B):(5HC6B#:(MHAV@?
MH'`(J$)=EM`!%N2,=)Y5J3IR8B[/UEB09T`I*F:(<D0%HA+1&-$$T131#-$<
MT0+1$M$*T1K1!M$6T0[1/D!AGLUNP2LYH/;3WXWDW857B@P8>:4(HS/G7ZB8
M,*)_9)"DB#)1Q`.C@:GZ/7?J8<M["[_;C%Q3HTJ;UK%@ZT3[2#5EQ2+G5!-!
MWI,21%F`PCR8ZKRIXUS]^QUGY%H?F:]\FL+6[>MUU2<23BEA%.Q(\*"+I7BK
MWQWH;858H>T)I2ST2>TKZF3@_F'`R'5O),CYI(K$6"2<4H(H9<0.=/0G*S.^
M3G\]!AUX8Q\QP'V$(->7D2#G@*I^8I%P2@FBE)$X`/MTOM[H@"GLFT:5+?C]
M5W(&C%Q?1H*<`W`C@%(B2LY.RD@<@*_Q!2KA"'IC8S'@@T7_KF#DVAV)E.N_
M6I-BD7!*":*4$?>_?:.L9(%*T/]K53"?FUTK^;"0%N2Z.!)$?IT\[A(YIYH(
MHJ\*U!.L,#[OZM"?U%%'!R)1&0H=]"M%NBOLG]YX\SN'=/B@-^""7"='@D+_
MX)4($7.:28VHG?H1(LYI+&;>6:VE(O@,6\9B33?6M5\>-?BM3DPJ<957+J1<
M[T<L%?[NTO6U&FXQBU'O)(6)(&<L190Q:MC`T]?%W#PQH!.SZHCCCPJK;N-B
MSU+JW$$O%+$3<]VVQKRCB!2EL@#9T6?_*)7](S"/A^=OA]'AQX^7B_OCWT^4
M4'K_X_/'&MN_AG7;OQF:G2VUK:\,6D.S%VJZ0G]"BTKDIBMMNE+-/MI:;[BO
M7FK5O$_--UEJ=X?F6S\-;;3)%'T!IND*&;-WL&ZE/:`KU5-P=674'PS-811:
M&_6OZ4I5MR@=JL:&IOQJT+GN#$U>\`K]U;$_&N-"H6R,)`6R4;XSW#?:[P[-
ML,2&;RF.36$<=6^&,8T(U!CU6D/S&D[3E8BN-'4WZ77I2E,[2:]'5YK2->KW
MAS$=5F([MSWRGEZK:+I"_M/#=KQ"GYT8FB]+X!7ZDL30?"8"K]!G(2C*35=N
M.R;.3>W0._5#\\8\6J-WT>E*LS5*`OT^$.K<=F@PTZ^)-%VAP4PS,5X9M=M#
M\\FWIBL=NM+4:_I@R=!\DP1UZ!LD0_.9$;Q"GQ49FB^'X!7Z4LC0?`P$KR2#
M8=$8&PI-DWQ^/:1OMJ.=442CDS[+V'"EW2(?&T=G.Z(KU>B\JN]8^H-[/^^^
M':9WS]\>GEXN?AR^TD38JA;B9_NW^>S_O-HO6E[\>7REO[1'<SNMV?0W%`_T
M]ZM:YA>SOAZ/K_(_U*FK^J\R?OZ?`````/__`P!02P,$%``&``@````A`!U6
MB/D:#0``^T```!D```!X;"]W;W)K<VAE971S+W-H965T,3`N>&ULE)S;;N,X
M$H;O%]AW,'P_<23YD`1)!AV=#PLL%K.[UVY'28R.K<!V=\^\_11%4F35KSCI
MFW'G8U5)_%4DBSK,[>]_[EXG/]K#<=OM[Z;!Q>5TTNXWW>-V_WPW_>\?V6]7
MT\GQM-X_KE^[?7LW_:L]3G^__^<_;G]VAV_'E[8]32C"_G@W?3F=WFYFL^/F
MI=VMCQ?=6[NGEJ?NL%N?Z,_#\^SX=FC7C[W3[G467EXN9[OU=C_5$6X.GXG1
M/3UM-VW2;;[OVOU)!SFTK^L3G?_Q9?MVM-%VF\^$VZT/W[Z__;;I=F\4XNOV
M=7OZJP\ZG>PV-^7SOCNLO[Y2O_\,YNN-C=W_`>%WV\VA.W9/IPL*-],GBGV^
MGEW/*-+][>.6>J!DGQS:I[OIE^"FF5]-9_>WO4#_V[8_C]Z_)\>7[F=^V#XV
MVWU+:M-U4E?@:]=]4Z;EHT+D/`/OK+\"_SY,'MNG]??7TW^ZGT6[?7XYT>5>
M*)=-]TI'HO].=EN5`]3U]9_][\_MX^GE;AHM+Q:KRR@(%]/)U_9XRK;*=SK9
M?#^>NMW_M5%@0ND@H0DRI],T0<*+>;A87?51SGC2,?K#TZ_U]`Y_QG%I'.G7
M.G[RD"OC2;_&\W-'I*'1GRK]&K\@=$J=.=5KXTB_OWBJ`5UW?754`FAE/W>R
MP7!=Z1_&\_I39QO8BZG^\;GSG>F<ZG,Q69_6][>'[N>$!C@=^_BV5M-%<*/"
MF2PTJ33D)0V/C3+_HNSOIB0P9=R1Z(_[,%K>SGY0HF^,S0/:!-PBMA8JV578
M1()4@DR"7()"@E*"2H):@L8#,U)HD(F4^269E+V2R7;PP0)/-Z&)M;`NB02I
M!)D$N02%!*4$E02U!(T'F"81U\1FB,(T1;$,6?&^/F@;&@&VLS&0!$@*)`.2
M`RF`E$`J(#60QB=,!YI2_=RP.BA,HXK4.S-4M-&<YE;/Z(JK%0]&5JT$2`HD
M`Y(#*8"40"H@-9#&)TP;ZMB8-@KWVM@>/6@RI[7"$^):"#$86;<$2`HD`Y(#
M*8"40"H@-9#&)TP(ZI@O1#_/+FBVT8L2SK/*GBNDR9S61*?0_%(H-!@-"@%)
M@61`<B`%D!)(!:0&TOB$*40=`X6BJPM5X[PGDG+A(FDB1)*KSV`TB`0D!9(!
MR8$40$H@%9`:2.,3)I(J_KWEVLXU"G,A-.'C:1Z*;!F,!B&`I$`R(#F0`D@)
MI`)2`VE\PH2@2FU,"(6Y$)I0(>\/FT@(,1@-0@!)@61`<B`%D!)(!:0&TOB$
M":$*4%^)?F8)%Q=GADWOPE4R2`R<N9#)60TZ(4H198AR1`6B$E&%J$;4,,0%
M4S6>-X8^(Y@N"VDMM_U^4-4[99H0;"$%&ZRL8^(<+4H198AR1`6B$E&%J$;4
M,,0%4P6@)YB==%1I(P:;06*TB?U![*RL!`FB%%&&*$=4("H158AJ1`U#7!55
M#WJJ]&FTC"Y6YP:>J2']/-)(Y)&HE^-@L'**`4K1*D.4(RH0E8@J1#6BAB&N
MF*H2/<6&/-+5(TEM._<0F(*2S]JR+G96UC%!E"+*$.6("D0EH@I1C:AAB*NB
M2L8Q5107D[1&<UH+O!)0%LET#ZF?F:X'.1-$*:(,48ZH0%0BJA#5B!J&N"JJ
M3/14^;!>#G1=R9)H*#4]N1:R8C:.-`!=$@V.%J5HE2'*$16(2D05HAI1PQ"7
M2Q6,GES#T-*%)%/%U)8LB1:R1`X&*RM!@BA%E"'*$16(2D05HAI1PQ!7156/
M8ZKHJI*IHA&?AA>R7@X&*Z<*H!2M,D0YH@)1B:A"5"-J&.*JJ%)R3!5=8C)5
M-.(3SD(6S\%@Y50!E*)5ABA'5"`J$56(:D0-0TR54)31=@3UG$_#!HE<D;6R
MLQI4090BRA#EB`I$):(*48VH88BK(FKE014LB$.#O'MZB!)$*:(,48ZH0%0B
MJA#5B!J&N`2B^NU7HF#1UWFGE^WFVT-'BW$PW"`/L2JV*!J6F!A1@BA%E%GD
M;BWG!D4TYEQ9L!!;D<)9V7PL$56(:D2-033'4"RNEJI*O<GE0[5T%>M/.J%!
MOEJFUJ4QZO50;"L2XSCO'[OUCQ521)D-[PMHPJN+2,\S+@,QE@L;QN5V:5`X
M'ZYIY:Q,&#%1UL[`7H+&H#$EWZF6Z8BR+K3(5\P4T)2,@V*16.03XS=WA7>*
M*,/HN4'T8SM26+0<4(F.E;5RCK5%SK%ACCR]WBF6U4U"42Q;Y(MBK!Q*C-6<
M,F#0:2'V&:DSLMW-,'IN4$@%P1"*GJ_R.P*%L8HN^UP3*5QBV.I386L7UC^X
MZ$C#PG-A1;T]3/185H<&.15C1(E!3-A(U%.I,W+"ZNBAV[WD&+TPR*@8B+FN
M-,U>D`J#U"[(6<W\$^*:O5-TAUAT6^1K9JP<2HP5TRQ<B/U=ZJR<:#J6U]\<
MCU@89$0+(?<@2(5!:A%$G%QCFO69<+54H>RM#$.&Z0*:K0`&.6EB-:K4`'<H
M,8BIM12=2IV1$TN'8F*9Z&Y-*(RC$4LL"*5I]6)4!NF9O%]]:A?C;(+YY\,E
M4U7TF&2ZNF:2&>3TB>GD0#*-F&3A4NR(4^-(5DXS[>CU-[?A?<W`JC16GF.%
MCC5:-0PQ5>B2C*K2<UZI6^1Z$B-*$*4&J6P>YO*56,XS:^1-53:4)XI!]*.J
M`OG`KL0@%0:I71!W/J%<IQH6BVLFZOB/RK((ZWN+?"V-E4,)6J4&<2W%@,JL
MD:^ECDXM-@T+8Q5%O9:K0!0T)4:IK(N+4EODK_DC8NK#Z\SE8O[BCB#"'8%%
M3KD848(H-4@MY$-BADNA0V:M?#7U2414%SI'J$Z,8[3L!;ZZ%`MVB8$KZW(V
M<&VM=.!0+ALL+A=;U>;>'`B9^T?WYF^_*#=D)6B1+[:Q<BA!JQ119I#.BGZ6
MSPV*W`W$PB(W#93H6%DKYUA;Y!P;YLBE436^)XU=4=4U%L6P1:Z_L4%S=MV6
MXH(GSLH.PA119A!3Q9R$ZTF!5B6BRB!_'46KAB&NRCM;A`BW"!;YJN`6P5B)
M15,L!JFSLD)E!C%5='A5&)P;A=J*IG.U9`2BBB\Q;F71V;BUL5++A'=T$;ZQ
ML?K)@TNK2N&QA#,[`K>/?*`91!0?,:+$("&M6!M29^6D]8MR,PS-$?V$@Y,H
M\20JBYQC;9%+C,:@L>5`U<UCJNAZVJ_2:(X`50`E:)4:Q-;0<"FV/9FU\J=]
M$]YUKC!6)KOF\JY`B5$J@]B8U($_RB5M-:::JGH]U6!>%[?5(ETE,S4-<E<I
MME8.)8A2@YB:*[%1SZR1+Z8YH"^F1D;,*!330HE1*GM"+DIMT$=BZF.-B:D*
M[U\14Q?J3$R#G'*QNJ$H]ER(4H-$12+V89FU\M74X=5,[LU&XC(4QI&&GYH+
M5RNQ0)48N+(N9P/7UHKF"._P,!GJDQS1G&XSGM=<%":]/=^>&,1?TEH*!6)G
M9:>_!%&**$.4(RH0E8@J1#6BAB&V=,Q5-2TS](.W^WH?H9@NROFCEZ6X:+%Q
M]!_I(DH198AR1`6B$E&%J$;4,,05$[L,6]W1W5I9W1G$W[I9BAH[=E8NCW0L
M_96+OF..5AFB'%&!J$14(:H1-0QQ5<:V`Q_E$6X)5,5!4QO/HY6X$1([*Z?8
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M.)*54VQPM"A%JPQ1CJA`5"*J$-6(U->D+N6U8OKK4/U%WJX]/+=Q^_IZG&RZ
M[WOJ,PW'^]L!Z\]2'^9S^BZU?X`*+0MJZ;\@A98EM?1/6*%E12V]=M!R12W]
M)D6VA)<WZIT1$A=:Z)M9>I5BI&5./E0>CK6H[VS'?4)JZ8>0/,X\HI9^JR);
M`E*'7K8<.4Y`ZM`+AV,MI`Z]6S?60NK0^V5C+:2.W@_#&5Q32[_/D2WD,JHG
M.8S:!Z09O<<^=G32C%[8'FLAS?2^3AX](,WT\S/10K=A;M1-%HQ&GT!_&=5?
M'7[$_H$./FI/AQZ[6E_F-U_&4TSE^-@!Z!J.7D*Z@F,=>*#K-W;YZ/'TC7KZ
MC%VFA[#4,NYS12UC%S`)KZEE[!+275:2=JPG2;2@EK&^T/L\-^JE&SRW.(SH
M.&-"YM2BWE)!'WHKA:*-M<0AG1N]:H$^]%8$M?3G-AMRA;Y(?UL_M_]:'YZW
M^^/DM7VB">JR?PWJH#]>UW^<]/WXR=?N1-^BJUOSDQ?ZGPRT])7OI2JOGKKN
M9/^@0\^&_VW!_=\```#__P,`4$L#!!0`!@`(````(0#7.I8N-PH``!@N```8
M````>&PO=V]R:W-H965T<R]S:&5E=#DN>&ULC%I=;^.Z$7TOT/]@^-VQ2'W8
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M37][:1_YQLND];<N`O\XSU[JU^WGX?K/YNNO]?[M_>K#7;9-=LW!C^3_G1WW
M[1KP4]_^[/[_VK]<WQ_G>757KK)<Z7(^>ZXOUV_[MNU\MON\7)OC?\E(<5?4
MB>9."D^3<7VGUZ4JJ__?RY(8=3-QV^OVZ>'<?,W\\O!C7CZV[6)3][YGG@+S
M&";E?;MKK7]MS;M&GN[%/_WQI%:KA^4/[Z4=VQBR\8L\V*"%[2U:3[7=NNC!
MTA,;V/DY1^QZ$NU3)*$W.((9,4$+FUKD&9JXU&03Y@H\\U&>[5,?ZM@1JS6.
M8<BFZ"+=NL+*!RYZ`&/Z:$6^Z2*79T.@6O1Q[F<0@K"23B*;%85QDR,S"^BZ
M1-3%J%ZK`06*?G%'%/OPM4\%M;5PO2&;HJ-6*$'<`JJK87!:3#%:;HH!!6H5
M4)/>:U%),<RQ&\:0#5&42\?&H)B;&\>`W6J278M*=GJ8)K$C&V*W*'(!6X1+
ML2H=PM4-'[8Z)FI'M`);5+(4:\R0#;/4A?"4!;@H1&L'\'H3EBCX<C/)LD4E
MRS!=\B79$$N5BW5@":VZI:HK+6`7-]95F`)P5%Y[)ES9P9)EF"ZQ9*/>F;F(
MJ16X+-L.\2(+P4"J;:V^'75%I1P*SUIDJ&$CIJID8;*(:RT"XA"_3;4MX(%J
M7W\4U76D&`H[>Y.,!HJ87I;[Z&%$':)A]NC(MK`'=K($*:K[R%+$U+`1T\CS
ML+RZ65C&:7&JM91)!_A"93JX`;FVY3YP'3Q)*N"9!I59BV)M%!E%$I<\<?$3
M'+@MYF'@Q$E4Z\%)F[!P.91D1$Y8J"*2!/82&.@\4OG.P/E-75LEN(<\BQ8T
MLFU+>V`[N(DJ/K(4=<*H6!9690@$<R28([E*1(^;$UY4445'AFUE#PP3?U+A
M1Z9".XR*U:%8B^2T")>BM0.XRL)J09YM;0\\!T]2R4=^8M$;!;I0)04;\7PE
M(N$$7MS*W[:R!XJ)*ZGP(U7A*Z-B=5C)U+$`EY'`\;*,6V^JL.[!E7I$6XIR
MV"AVL-`6.9)A(ZHS_L2!]<X"O,BCQ4=$`5_E-V*NIY6E@R71$)MN),-&1+00
M[K:`:E%,':.<8ID*K=&?/J03<=<M+&F*;#9L1#3%^K,`AJ"R*ZE[:AE`9(C*
MTB>/'E&4C7""82/J?Y&K,$0WO@5<@.X&B.102F3::%(+3)NP8#C*O:2T!]!<
MB0)@N0^:@Y9G"X=P=")#GFW-OYW>[9%;A-F_?<&\,&S$1.36T`(LVKH;(')$
MO4E\F>J.SL1J,SK6'266@P5TD:@.PF7H&VE.BXY.14=G0C8,&_&ZE$0LPF5(
M7<Z:6+(6>AVFB43'54>GJJ,SL>@,&Q%!E9:>6)24%M-ST-H3#!46":+F#)F=
M:HW.A`^,CM5BD28-P&)V#AN'<@;L_.%O*F4Z&"NCSL)$*;79B-RX5L)/%N"%
MJ/Z.4=X$J4C&D"<*3>_%G(XN\6Y69V((PT;1;C9YXN(G.#!*QS!P*ADZ"SYF
MQ\2%/WG?D`,:\I"6/Z)A2D@.54,6DSQ5#YV%/&*29,19JC9)^`"/ESD3!;RZ
ME:?YM(9TL%QH4D/8J*=:B:E8@2=G`H%'!0N].BTC^8B,2,TU;,14XSUSYS7+
M."W[A5(R:YPPT-$Y$,E.ZTD^HB=*K#7#1D0V.=D#*B7O!H@4I[4D']$2Z0[#
M1D11D+!3H`/0E^F0I$AR7$?R$1V1==BPT0URL8HL9)&&IHLR>IV&[,9%)!\1
MD6@/S`F.*I'D=PP+SSH>0,X,N!4C$A(=5CI89+8\C1@VDN-0KDR!#L!%F!Q2
M'%>/@M3#U^'A78A6H=22^]CH!C7J811TT#+D'#)K1>#VEK4@C4"&804S0S(B
M$HMU4L&YD[[6E)68HD,#_VG@%MFVU$^0)25`LJ)&FP+D0J`6T(A&-U$':%BJ
MZ-!IG2G2LXJ6WRH,&[%#B^00`+B6,N0`SJ/70DAT6F5\!B6'%1WFS)$G(S[^
M:GF(M]P)360CW[(Y@*OH3202187I=T#%B+)(3QDV8D^68N=H`1:3<S=`Y(;2
M,G`;D12Y?S<%&1&WU3J4CLZWEN%;OG70//8M$D19Z79H<7$D<?`Y$2J0%AIA
MBEY!^F^O-GGBXB=(8%PYBE0Y5%J58VDH*[$=L]P'.5"72?RH=>_`/!QN@&")
M\M&'L'N,7V*3CPJ&C:*=??+$Q4]PX'%1*%-1B#*#\HYM:.8J^6R#\$J66X2C
MMZU(KZWJH=@.?J%B'Q?9Z`L5TR,;HB<_P=ER"G6(AI`C-Q2"@5LJ`)44JQ+J
M?R$W>A;Q4A[F'.)5]/X&&4[+0)G*@"SCAFW(B_[P+=+2(IYL'!S@*O@!>:(*
M#)Y,JW_T19>C3#:\""M9O\I8&_(J#P2ZYHYQGEYUZS!4CE?_[K'8U6E1W@T;
M,4,92CL-.X"CC3/Z;UP`RC$!$'EHV(@]D`O8`BRSR`&ZB&HVTALI__Z-QQ!F
MJNQQ,JOD]4K9E__NZH[PL054EF``XYZ1)$J$?(M0IE*AHX^.O!ACJ4A>=7`7
MY.F$9-PT@$"Q0I&0%#M8KD:QMS1LQ.'>R+>!EO%^F[Q*OK8+@_7J%ED4%JGY
M52HP\>F>_,E&3%;)#Q\6<2W?73K$5Z%VH5M;*4@UIB*%B)>EEC$U;,0,9>Y;
M@"5]!^@BE"9DARJ3!#U5&RT_')HJEANY1;&`JFBG3B42X+P*J8<TIZ6F2J5&
MR[L]AHU&$\0"N*C"X8Q9T@`<B.*&9%<H-(DS4\'14O%,U\?CG$:2Z6$!3<X:
M@*I;[SFJ<;7I'HO\CO:3G#)T("%V2KX&L=P'PS+['<+1E@YC/2XWU8C<Y&&Y
M,#\RXCAM(L'M<,N=\'ZYE._A'.`+K:.%@!RG-<??KI4'2Q6]M&6N9$3W#!?I
M)17NA.\AII=4`!^[I$(7=.E:Z[$^O]6V/APNLUWS>?(G(>45<GA*%X.-OQC<
M7:Y=#H"_KONQ?:O_OCV_[4^7V:%^]4VSNY5?RF>ZV4L_KLU'=_7TN;GZB[K=
MG^_^!G;MKVYF=][XM6FN_8_V[O!PI_OI?P```/__`P!02P,$%``&``@````A
M`()QDDA8`@``+P4``!@```!X;"]W;W)K<VAE971S+W-H965T."YX;6R,5%UO
MFS`4?9^T_V#YO1A(DS014#6)LE5:I6G:Q[-C#%C%&-E.TO[[7=L)#<VD]06P
M[[G'Y]Y[3';_(EMTX-H(U>4XB6*,>,=4*;HZQ[]^;F_N,#*6=B5M5<=S_,H-
MOB\^?\J.2C^;AG.+@*$S.6ZL[9>$&-9P24VD>MY!I%):4@M+71/3:TY+GR1;
MDL;QC$@J.AP8EOHC'*JJ!.,;Q?:2=S:0:-Y2"_I-(WIS9I/L(W22ZN=]?\.4
M[(%B)UIA7STI1I(M'^M.:;IKH>Z7Y):R,[=?7-%+P;0RJK(1T)$@]+KF!5D0
M8"JR4D`%KNU(\RK'#\ER,\&DR'Q_?@M^-!??R#3J^$6+\IOH.#0;QN0&L%/J
MV4$?2[<%R>0J>^L'\%VCDE=TW]H?ZOB5B[JQ,.VI2V&JA9/@B:1P%H#*Z8M_
M'T5IFQQ/9M%T'D^2=(K1CAN[%2X7([8W5LD_`92<J`))>B*Y!9FG>!JE=]-D
M.OL_"PF*?"4;:FF1:75$X`XXT_34>2U9`O.IA)..H2AH+7/H!P?W22#7P.ZA
M2.:SC!R@2^R$604,>/P-,T:LSPC7*4>[N=@@(&Q0!S5?J#N+<+MC$>EB?,+J
M'Y`Q8GV-F,1CR.8:LI@/D)'.R4BG[^(D'IKFHCD&MK>&S-*!R'=@%3!SW])W
ML?5E[':<!_9VW"'OO;A@W#!NR77-U[QM#6)JWWFW%=FP&^[+"NZ+-QT9`F#C
MGM;\B>I:=`:UO(+4.)J#;W5P?%A8U?N1[)0%`_O/!GY,'*8;1P"NE++GA;M3
MPZ^N^`L``/__`P!02P,$%``&``@````A`*QB/2_-"```ZB<``!@```!X;"]W
M;W)K<VAE971S+W-H965T-RYX;6R46EUOX[H1?2_0_V#XW;%(298=)+FX^I;0
M`L7%;?OL.$IBK&T9EK+9^^]+BA_FS"BJ\[+:G#,S$@^'Y+&MA]]^'0^SG\VE
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M`OUGWWQVSO]GW7O[65SV+__8GQJAMI@G.0//;?M#AE8O$A+)2Y*=#S/PK\OL
MI7G=?ASZ/]K/LMF_O?=BND.9LFL/XD[BW]EQ+WM`#'W[:[A^[E_Z]\>YO[H+
M(\]G/)S/GINNS_<R=S[;?71]>_RO"AH>W1;ANHBXZB*,W;'`6WVCAJ]KB*NI
M\?T'"701<=5%>/#=!Q'#'A015UW#][^MR$H7$5?S(-'-<HK(X0G$U3S!]Z40
M*WDH(J[F"?R[B'D;/[I]8C>ZB+B:(L&WBS#1O:K'9!M_M\F6JF&'1D^W_?;I
MX=)^SL3N(5JR.V_E7L3NY2UDB_N>6&H[R?XNZ2%(P)U`?SZQ8/VP_"D6S4['
MQ&,Q'HQ)1F)"!F/2L1@.8[*Q&!_&Y&,Q`8PIQF)"&%..Q:Q@3*5B1'=<]0DC
M&%./U;EJN!0386=#+'UW-LPL2!C/P@;>)1Z)"?$LW!"3WA"3W1"3WQ!3W!!3
MWA!3J9CUL#'+MJVGDX#D8J<<DUS"CW-1QYE8++F*B=2RB#CJPP32'IJ,U*5Y
MA)HO<UG?B]`ZR%UZ[:'DPF47+$)-6P*:<\Q7B@^N<KH)SC"!CN*P<'7$&XFD
MD9XKI$BL8J[W33"08B##0(Z!`@,E!BH%K-0T^@R)63OQ8,!B_Y\:L*3Q@-&.
M%ZL89\`82!6@GHU'P7JS8BO4"QE.RC%08*!TRR[6+`KY9H6ZI,))M0,`(<3I
M[`IA-BT)(P&PMK&*T=)S'^W2R32=*OHJ7X:!?+I`@>-+#%08J!T`B"!<ABL"
M;G])(S$")'BL8H*A#[F/9CF99%/#2FLJ=\`,`SD&"@/(0YW<KC2L*5AAH'8`
MH(3\\#/A*"2-E,`=':L8I00Z39,)+G4YI%_F<JC/<L.9P188*`TP."!X\E:&
M,]FU`P!EA/]SE3$+1<)8$726Q"KFVNH)!E(%Z)TB]-;K""F7X90<`P4&2K<H
MVP0^:MD*)]0.`(8NK:4[=KP^!AZ+@*8IUD&J+Q9H@A/+FGE("9(1)"=(09"2
M(!5!:HO(#G&>#:H@K:"S-DP',&41@=M8H7,HUD%JAGTQ&[`-$\1'J(52S>O]
MA70'3/>P*<@!SST?F:$"E`]1HY0@>R$\!QI=9=/-[-46&3:HZ]$)%95.SU&4
M])5R@E!9]'`Q4T'.ZB)(2I",(#E!"H*4!*DTH@]!ZC_<##AV:<NFQJYL&QP[
MVA1BALU>0I!4(WIOB:+`"\G\9R0M)TA!D!*4ED[$]T,?^<**I-4N`C61;LW1
MQ*XPY>*`%L2-,&/UAHXCGYZFZ=32IH,S@N06&;U#86E3HB1(19#:1:`8TK$Y
M8I#%H1P=$(6X$O%]ESR>]*;+`K+M3O.IS3=CR@B2$Z2PR+"=DKN6EC=5*X+4
M+@)UD29N2A=E\H`NQ*,PXP3E$Y*]>(),0>9U7U.^#9!XD\TM:X9=$*2TR"`=
M.;(M;4K4+@)UDA;/T<DN)F7]H#[HN(F9XP^'H24$236B-I;`B_P-D0-7R4F5
M@B`EJ+OP^8:O`E2Y(EFUBT`=I*$;TT$9/:C#]9N=8=0Q,VYPF`ZT_2:3;&I9
M,U<907*"%`0I+3+V#)5ES5UJ%X%*2'\WIH3R?5`)Y!!BYIA#W1$824E,1I"<
M(`5!2HVHSEJ$_DI\7PO]4D62:A<!P^;(O9J%,.#(M4;H](IUD'H4T8M(E@3Q
M$6J@5//&MR$Z@^D,'VHYX#E?H]L7H/QBC;Q1"=(7W&?H_I7-M]UC$=EM_+KN
MH*3("N.SB8]8XNA:2ZTM':2D0;HGEC0/EA(D(TA.D((@)4$JC:@Y9M3#N1E0
M!K%DW`5%9)`\[C!T!,=<!:F[\RA:,QY@$Y7HH*O)36])RTA:3I""("4HO5B'
MH?@-"SN+BJ35+@)E0E;7+L`1BXM70,R-Q97]&*[0`DBFZ=32IHTR@N06&;U#
M86E3HB1(19#:1:`8R..2GAGQNEC\F+M>EWGX7)JF4TN;$64$R0E26$3*1.Y9
M6MH4K0A2NP@4Y?]X7?D;*EY(Q-/I(+6?,+*AN$X7LRG(168H`R1#;&Y9,_""
M(*5%I'8+M$M7EC45:A>!0B'S:Y?2F.E%3QISXVO-?1*"I!K1YUT8>'Z(-JR,
M).4$*0A2@L*+D/E\A=JV(DFUBT`=OC"W?,S<HD,OUD'Z0Y&/K$4R3:>6-BIF
M!,D)4A"DM,C0$_@I*DN;V]0N`L7XPN'R,8>+-M!8!UU/EH0@*4$R@N0$*0A2
M:D0UU\+W??&I`7WXJDA6[2)PW%_X63[B9_$7:K$.4K__^1OR?0'B.=(M!3Q?
M(W.3`5J\2()Z,`<\7X>(+R"/JI>`%;XN1$]7Z8#KK-8@Y2M?)]X=F#0T`X\-
M#9K!6`>-^SI+FK9."9(1)"=(09"2()5&OO1U;@9H+/%6TK0,8_86;2/Q4.1Q
MKGW=FHF--%JCO3310==Y2F])RTA:3I""("4HO5AO`F\C?FA`'ZQ(FGQ'2WV'
M)*9,R:1>N5)OHAR;RUN3-(=#-]NU'R?Q@SL3OX%95+WJ5;%[\3._S+>$>`'K
MO'UK_KF]O.U/W>S0O(I4[TZ^F'-1[VJI/_KV/+P\\=SVXM6KX;_OXIVZ1OQ,
MYMV)X->V[<T?\@;V+;VG_P$``/__`P!02P,$%``&``@````A`(YR22E&!0``
MD!,``!@```!X;"]W;W)K<VAE971S+W-H965T-BYX;6R,6-MNHT@0?5]I_P'Q
MCJ'!ER2R/1I`V1UI1UJM]O),<-M&,;0%),[\_59?H+L*DLG+3-RGJ#Y]JOHT
M]/;+6WWQ7GG;5:+9^6P1^1YO2G&HFM/._^?OQ^#.][J^:`[%131\Y__@G?]E
M_^LOVYMHG[LSY[T'&9INYY_[_OH0AEUYYG71+<25-X`<15L7/?QL3V%W;7EQ
M4`_5ES".HG58%U7CZPP/[6=RB..Q*GDNRI>:-[U.TO)+T0/_[EQ=NR%;77XF
M75VTSR_7H!3U%5(\59>J_Z&2^EY=/GP[-:(MGBZP[C>V+,HAM_HQ25]792LZ
M<>P7D"[41*=KO@_O0\BTWQXJ6(&4W6OY<>=_90]YO/'#_58)]&_%;YWSM]>=
MQ>VWMCK\434<U(8ZR0H\"?$L0[\=Y!`\'$Z>?E05^+/U#OQ8O%SZO\3M=UZ=
MSCV4>R4?*<4%9H)_O;J2/0!++][4_[?JT)]W?K)>K#91PN*5[SWQKG^LY+.^
M5[YTO:C_TT',I-))8I-D"30-'B_BNQ5;K7^>)=2,U$KRHB_VVU;</&@/F+.[
M%K+9V`-D-DLP/,9%@;:EC/XJP]5#0+>#T=<]2];;\!54*DU,JF.@R6T,CLB&
M"*F43)L[`R$0&]G!FAUV`PDYBDG$]WB&="8$1V33B"3"(?DTY'XSAB">">*I
M5$RB432)0LE=01*;2"F0ZIBEJKB4)*,#N3.`YH:JS6@D1W<^K,`6@:U&\GI.
M';-195RMB829B\8KJHV+LCA9CJD1-^ANAQO51:)4E[LQD>:H8QQ=Z$#N#*"Y
MUQ_.+5&B3T(42'7,4ND3K^P2%;/,18.8)9AX[L)L8_<(XKA!'(?^EJ.$&R.S
MISI&<[LC<V<N&#AS*^*YBV[BD38B)H\H:PL#,3E*B"U)8Z0Z1A-C&S:FUZ*Y
M:,#H+LA=F$5VS8C;/>)&FTJBE"-AD>H8PY'LBLP%@2)>0.ZB3L,@@@Q.DAGU
MU#"A-JFK"=+<;-=H]1`8$.(Y0IW$F)NTVFEEF79@Y!>3TIH@S8ULE@R!`=G&
M.4)CRQQSDX9KN:G*+E>CC3+MQ\A'E[9_E42I"7(,8S*2NR.8@/38#PAH"\8B
MD09)V>#3\G`,[NQ230E=F#IRCAYV/!>SE-YK60Z;DVE+1NR<+C#RZ"!=PB`A
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M!;9%S+9U#9U%D^9SX8#1=Y7<S*&UC]\[M.`&PVW`X4!0PW1W$`:I"=*?>&OZ
M)9`AF$7V2%?+DW<GLDSZ:;9<V^5K)?7%B+Y.J'E[XAF_7#JO%"\-F"V#%[=Q
M5%_(I'`AHRXUPA&`:Y)K<>+?B_94-9UWX4=X-%ILH(*MOE'1/WIQ59_\3Z*'
M"Q+UYQENOCA\*D<+"#X*T0\_Y)W->)>V_Q\``/__`P!02P,$%``&``@````A
M`.#R?!^-`@``/@8``!@```!X;"]W;W)K<VAE971S+W-H965T-2YX;6R,5,EN
MVS`0O1?H/Q"\1]1BQ;$A*8AMI"W0`D71Y4Q+E$1$%`62CI._[Y"T9<M.T5QL
M<>;QS9N%D]V_B`X],Z6Y[',<!2%&K"]EQ?LFQ[]^/M[<8:0-[2O:R9[E^)5I
M?%]\_)#MI7K2+6,&`4.O<]P:,RP)T67+!-6!'%@/GEHJ00T<54/TH!BMW"71
MD3@,;XF@O,>>8:G>PR'KFI=L(\N=8+WQ)(IUU(!^W?)!']E$^1XZ0=73;K@I
MI1B`8LL[;EX=*4:B7'YI>JGHMH.\7Z(9+8_<[G!%+WBII):U"8".>*'7.2_(
M@@!3D54<,K!E1XK5.7Z(EIL4DR)S]?G-V5Z??2/=ROTGQ:NOO&=0;&B3;<!6
MRB<+_5)9$UPF5[<?70.^*U2QFNXZ\T/N/S/>M`:Z[>*5LH-(\(L$MR,`F=,7
M][_GE6ESG-P&Z3Q,HCC%:,NT>>3V+D;E3ALI_GA09*./)/&!9`8R#_XXB._2
M*+W]/POQBEPF&VIHD2FY1S`=$%,/U,Y:M`3F0PH''6-24-K2HA\LW%T"N1JL
MST64)!EYABJ5!\S*8V#&3Y@I8GU$V/0L[>;,0$#8J`YR/E-W%&&M4Q'Q8AIA
M]09DBEA?(Y)P"ME<0Q;S$3+1F;RITUIS#"RG0B2SD<!EOO*8N2]E/'6N)\Y+
M=1/GB7:B"SIZ5C_7W5DZ-M-Z+_6E4PDKCYFY2;2M6E\:-F>&26R8[+/8Q]Y9
MZV7,DWA?$X_Y1TTFSLN:3)PG6J_+OV,__8*IAJU9UVE4REWO'E^1C5:_/E:P
M/MP;)*,#7O5`&_:-JH;W&G6LAJMA,(?`RB\`?S!R<!.ZE0;>L_ML84\SJ&`8
M`+B6TAP/=L6,F[_X"P``__\#`%!+`P04``8`"````"$`#Z%@T_`,```&00``
M&0```'AL+W=O<FMS:&5E=',O<VAE970Q,2YX;6R4G%MOVT@2A=\7V/\@Z'TL
M4:0N#FP/8K%[=X!98+'8R[,BT[802S0D)9GY]UO-OE2?JHZ4O$3)UU7-H^IF
MGR9%YN[7/_9OHZ_=\;3K#_?CZF8Z'G6';?^T.[S<C__S;_O+:CPZG3>'I\U;
M?^CNQW]VI_&O#W_]R]VW_OCY]-IUYQ'U<#C=CU_/Y_</D\EI^]KM-Z>;_KT[
M4,MS?]QOSO3/X\OD]'[L-D]#TOYM,IM.%Y/]9G<8^QX^''^DC_[Y>;?MVG[[
M9=\=SKZ38_>V.9/^T^ON_11[VV]_I+O]YOCYR_LOVW[_3EU\VKWMSG\.G8Y'
M^^V'WUX._7'SZ8V^]Q]5L]G&OH=_J.[WN^VQ/_7/YQOJ;N*%ZN]\.[F=4$\/
M=T\[^@:N[*-C]WP__EA]L,O5>/)P-Q3HO[ONVRG[^^CTVG_[VW'W]/ONT%&U
M:9S<"'SJ^\\N]+<GARAYHK+M,`+_/(Z>NN?-E[?SO_IO?^]V+Z]G&NZY2]GV
M;W0D^G.TW[DY0%]]\\?P^6WW='Z]'\]6-\ULOEQ5L_EX]*D[G>W.)8]'VR^G
M<[__GX^J0E^^EUGHA3YC+]5-U4P7KH\+>77(H\^05R]NYLMI/1S\0F(3$NGS
MIPY(<H:O2Y\AKUK<K.;S9K%:7I:Z")GT^2-'G/@Z#^/3;LZ;A[MC_VU$DYX*
M>7K?N%.H^D!]A8$)14I#13-FZZ(_NO#[,9V6-`8GHE\?9LO%W>0KC?TVQ#SJ
MF`HCUC'"C;_KMI7`2&`S,"'I23\-\<_H=^%.?SSR8P39%Q)B8T1,:24P$M@,
M@%B:5YG86%-'[\?T)]>T7J*(1Q]3^6GN2K96I%7$*&)S`M)HYA:D.4HS@[X/
M:U/C[8,:FJ]9D/@"ZQ24RJB(4<3F!.32P0IR'1WDQH,\>M+0S,ZTK;"XZQ04
MTUI%C"(V)Z"-#I9I&TZI17W#Y[,^JUP&ZO:D68+N6Z$[!27=BAA%;$Y`-QU,
MZI[-;^AK^H5/RW8)*-L3E+V:"MDI*,E6Q"AB<P*RW1Z!5[!X4CF*VCS!J;"2
M*U,*2MH4,8K8G("V6]`V3(5Z=<,NI&OJ,E"W)Z*F,U'3%)1T*V(4L3D!W14Y
M?%;4'Q$^I*#R@(3T6DCGJ*1=(Z.1!83RG5OPG/"N-J55['LSF1966?:`A/A&
MBO>)%,7B%3+<5XRR@%"\<P\6'R>T6X3%S(@H<P6-6HV,1A80ZG&>4=`3K&26
MOOECY9$XQ>:R9"DJ%J/EQ(B,1A802G0^P1+]>,_I.-\=;V\L]*7C`1^KX#6T
MSK!5K,3>9LU1,;'5R&AD`:%X9R0L/HVW]Q>0&%`^W@JUM*\>)@I'&8TL(-3C
M#**@Q_L&Z`E60LM?5C+I_%6*XI(I9'24!802G1FPQ&&\KUALY?T#Y"=+R>7+
MS4%(A#,\)<9O9'24!83RG5\(^:O;B[90>8L!^<%U2$Q6?;E'"(D@/R6R?(4L
M)*)\9QLL/TU8[R8@,1@,#3=+O)7[@2I%13VM1D8C"P@DSM"_HL0!HT<%A,O\
MK=P6<%22J)'1R`)"B>A12:)VHEDP%*RBW`%P%$M,B1$9'64!H41THNLV.M,>
M%9"HK]P#<%14VFID-+*`4+RS&3U+9]Y]\ED:$-K6K71ZCF*)RLF,CK*`4&+!
MMI9TP^'[OC73OA60*+`T78YB]<GP(C(ZR@)"]<YGN,##[)C3C/N>Y[I=K]C`
M!"2T2\_EJ"BTU<AH9`&A=F=`K#V=?-Z78')X)"1*CYNE*):HD-%1%A!*="93
MD.B]!R0&5*?-S'KFD?O(%EYA;6V(HI4^JC8QD?P@2Q2F8F/B<$14[8RDH-K[
M"Z@.*%?M$:BNI\(NVEE(S%6'1/I(JNNI6,1M3"RH+CO:3#M:1+EJ'R54B^6Y
MC8FYZI"(JL72:&.B5EV736[`:'(!P0I73^4*QU%Q.K0:&8TL()@.M7,@G@Y7
MUX@A7F@/)I9/Y7HJU[>02*<I:T^)$1D=90&A]H+[75K?:FU^`<'B44_E^L91
M46BKD='(`D+M:'Y#W2_?RZFU+P8DU,NECZ-8??!%'@RCHRP@5(^^&%?G6IM?
M0&)BBW5NS5$L,9C?(LT7HZ,L()18,+\K5R"U]K^`1(7%:KOF*);O^\JFN]%1
M%A#*=^;$YV6JL/>L?)FN@XW1!R^ME5B3UQS%$E-B1$9'64`HT5D82QRF\.7-
M4>U-#]1[A`6NA#&L0V)6S58CHY$%A.J=(['Z5&!O5"#1HSG?BEC7"K4:&8TL
M(-2##C=4\\J=R%J[7T#NSDHV&835K3DJCGRKD='(`@+Y#5K=51\9XM%'`A+:
MA=NN.2IIU\AH9`&A]I_TP,;[5CY'`A+:I7]S%&OW?5%B1$9'64"H'3TP3N-&
M6UU$?-=IK5&KD='(`D(]!5^[,HT;;6P!B55!;BDX*M:NU<AH9`&A_+*Q-=K8
M`LI7!8U:C8Q&%A#J01=+PZN=ROVZ1Q=O8@;*G0Q'<<E28D1&1UE`*-'9B%Y(
MG>.+B\F`A$2Y7>&HJ*?5R&AD`:%$=*I416U';L;I*LKM"D>QQ)08D=%1%A!*
M+-M1H^TH(%%%N27AJ*BGU<AH9`&A1'2H5$7M0DU`^5*C4*NCC$86$.B9%RSG
MRDW:(05=)R`W,NR8,[E]XJA43HV,1A80RB^XSN7MD[NV$:=40$*]W#YQ%*OW
M?5%B1$9'64"HONP[M!PJB1X)B7)+$A(S/:U&1B,+""6B%<7YZDX<646/W`*2
MS0&Y\PB)%!5+UFID-+*`4"+:S;!KNC:%M17-/1(5EIL/CF+Y*3$BHZ,L()2/
M[G1UTS?7MA60T"Z=GJ.BT%8CHY$%A-K1M@;MER_`Y]K1`A+JI>ER%*OW?673
MW>@H"PC5.[O1ICOW+I3O3`,2<UN:+D>Q1-]7-MV-CK*`4"(ZVE#@*SO!N7:[
M@$2%I2%S%,OW?4&%%;*0B/++;C?7;A>0J+`T9(YBB;XOJ+!"%A)!X@(-,"YP
M`T:3"PBK6$N3XZ@D42.CD06$$M'DDD3M9(M@2+`&U]+).(HEIL2(C(ZR@%!B
MV<D6VLD"<CLDMHE:.AE'13VM1D8C"P@EHI,-IU*U7%WZ'6JA72X@,0FDRW$4
MRP_VF.T5=)0%A/+1Y=(DT$ZV"(:$%99.QE$L,25&9'24!802"TYVY6[A0IM9
M0*+"TLPX*FIM-3(:64`HOV!F;N_VO5_Z%MK*`A+:I95Q%&O75J:C+"#4CE9V
M=1.QT!X7D-`N/8ZC6'OPN'QF*V0A$;4[1]$VO/!&D]MP0&@2M?0QCF*)OJ_<
M)'24!802T<>&\EZ^S%AHBPM(%%A:'$>Q^N!G>8$5LI`(ZI=EBQLP6EQ`6.!&
M6AQ')8D:&8TL()3H_(?GP%#@RQO)I7>L?'H$A`5NI/MQ%*L/[I<56$=90*B^
M['Y+[7X!B0)+]^,HENC[RF>PCK*`4&+!_2[/X*4VOX!$@:7Y<12KU^:GHRP@
M5%\VOZ4VOX!$@:7Y<11+#.;'%Z9&1UE`*+%@?E<*K+W//3U/E]6BP-+[.(K5
MI\2(C(ZR@%!]P?NJ2X\2+[7Y!23$2_/CJ*BTU<AH9`&A^(+Y71:OW6^9'"O;
MEC;2_3B*Q:?$B(R.LH!0?-G]Z#4U>8,E(%%?Z7X<%?6T&AF-W(MQ8>Y1HI?H
M7W3S+U+MN^-+M^[>WDZC;?_E0'MW^DX/=PG[-^P>EZOXBIUJF5'+\/.?:JFI
M9?CM1K4TU-*X6T6J94XMPZMUJF5!+<-9K%J6U#*L\;)E03FTN2H<9T$YM'4I
MM=`WI1U#J>666FY++<LI*1C>(90*EN[5Q.%6KVQ94`Y=&Y:.0SET259JH5K3
ME5"IA6I-%QFE%JHU[>U++51KVC876N:40W>V2BV40_>-2BU4:[HG4VJA6M.M
MD%(+U9KN,I1:J-9T<5]H:2B'KC)++91#=\0++7.J-=UL+K50K>EBH-1"M:;[
MIZ46JC7=MBRT-)1#/_^56BB'?EDKM5"MZ3>N4@O5FGY:*K50K?V60<ZJAFI-
M*TDAIZ8<>EZAU$(Y]"Q`J85J3;_*EUJHUO2#=Z&EH5K3S\FE%JHU_5A;:*DI
MAQ[#*K50#CWD5&JA6M,C1*46JC4]GE-JH5K34S&E%JHU/7!2:)F1`GK(N-1"
M"N@)WE(+*:`'9TLMI(`>2BVUD`)ZY+/40B-'3UH66BK*\2\BRWE040Z]@5#*
MH=&FA_M++33:_FE*U1N--CVN7LB9T<C14^*%%DHI9E240>\^%3(JJC2]6%1J
MH4K[*P*EC"I-;]:4<JC2]-J*;J&WQ3\61\T=OA#_Z(:YQ-TT*_"/S8>/9+KZ
MP(_N3"]Q&L7BP-,8%H>01K`X@#1^PW$GJ4KT<OK[YJ7[Q^;XLCN<1F_=,QG\
M='B;\^C?8_?_./?O=,5(;ZCW9WHK??CK*_U_`QV]JCMU=]*>^_X<_T%?;)+^
M!X.'_P,``/__`P!02P,$%``&``@````A`,DP'G_``P``+`P``!D```!X;"]W
M;W)K<VAE971S+W-H965T,3(N>&ULC%;9;MLX%'TO,/]`Z#V62"VQ#-M%,D%F
M"K1`,9AVGAF9MH5(HD#2<?KW<[EHH2PA?;&MH\MSUT/?[>?WND)O3,B2-[L`
MKZ(`L:;@A[(Y[8(?_S[?K0,D%6T.M.(-VP6_F`P^[__XM+UR\2K/C"D$#(W<
M!6>EVDT8RN+,:BI7O&4-O#ER45,%C^(4RE8P>C"'ZBHD492%-2V;P#)LQ.]P
M\..Q+-@3+RXU:Y0E$:RB"N*7Y[*5'5M=_`Y=3<7KI;TK>-T"Q4M9E>J7(0U0
M76R^G!HNZ$L%>;_CA!8=MWFXH:_+0G#)CVH%=*$-]#;G/,Q#8-IO#R5DH,N.
M!#ON@@>\>21)$.ZWID`_2W:5H]](GOGU+U$>OI8-@VI#GW0'7CA_U:9?#AJ"
MP^'-Z6?3@>\"'=B17BKU#[_^S<K364&[4WVDX!5X@D]4EWH&('7Z;KZOY4&=
M=T$<K]9IFF3K^S1`+TRJYU(?#E!QD8K7_UDK[+@L"W$L\-VQ9*OT/HHQ^9`D
MM!&93)ZHHONMX%<$XP$N94OUL.$-@1(6&GS0Z"Z`.86@)*!O^SC)M^$;%*-P
M-H_6!CY[&]Q;A,#>NX!X9UQH5+O0U=(^'RTPYB/S?/$LGT:AKJ-P2'S?$U@7
MUL9,A!=A,LNH42@+Q-5G>%L%9P1?@U$:]7X]-]"EF4)HU+CI*^$0^!IQ+A0W
M\SB1'L$L6:5])_5[G]TA]Q[[0JG!:!2Q88]CLH)YZR9%6_C\#@$WH^CC^8KH
MFW"8/L.?XA5HHJ/7!CZ]0WSZ9)X^]^@[3HWZG`[Q"Y[.<V*X)J8Q>Q4W!CY_
M!_DUSQ8<:&%-BA+C?-13[*1'!O%TD%^68?Z].=0C/?5`LG%7C<4D!Z=//X?U
M0@Z^1DUC<0:W5=]8;+4(COJQ[R`_A^':\7/P-3LS.KC7[^#!05X.V8):X2:_
MK5*:CJ?3F$S*Y,3K)9$MB!>#U;01>3342+^>T#O(SV!!O1BLIO0DCKQ&:Y.)
M"P?Y&2P(&'^H8&,Q\>`T[">QH&'LB]C>07DV%.E6SN8(N/0S6-`S^4C/QL!/
MH(/\!!;T3&;T3++U2`O&8N+!2=Q/84'/9$;/<=Y7R+R>T,^).5L0,YD1,\F3
M@?]6RN;(30<6I`PKVGA,NVO:P).PK7Y'?^!V-[,;3<W$B?W)JDJB@E\:^/?1
M"TV/]COA@[ESIGBR>;"[8MB_@16NI2?VC8I3V4A4L2-P1OH"0,)N>_9!\1;B
MA#V.*]C=S,\S;.4,MIH(VHR.G*ON`>ZBL-_S]_\#``#__P,`4$L#!!0`!@`(
M````(0#&)V:19Q\``)JQ```9````>&PO=V]R:W-H965T<R]S:&5E=#$S+GAM
M;)2=67/;N+9&WV_5_0\NO]_$&CU4DE.RYGFB*%%O[L1)7)W$*=M]^IQ_?S<$
M0`#V8BO.2[>SL/<G$/@`D@`IO?O7?[Y_._OW_=/SP^./]^>5-Q?G9_<_/CY^
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MCL`T^]G3_>?WYZW*3:O=K)Z__?#NT$+YP_W?S]'?9\]?'__N/SU\FCS\N)?F
MEHXR7?#'X^.?)G3XR2!)?HOLWJ$+%D]GG^X_W_WU[67U^/?@_N'+UQ?I[X9)
M^?CX33Y)_GOV_<&80([][C^'___]\.GEZ_OS:NU-O=JXO*I4&^=G?]P_O_0>
M3/+YV<>_GE\>OV]M5,5I696J4VE*/6UYK?FF<7E1.XB<2+QTB?)_EWC]IE*_
M:)K//I$F/CW46O[O/Z\:U?I$YK7+E/_[S-?5M")]8%O*=(8]R%?5M7)L8OG#
M)5:O7G.4%=^LYH_?K&W-UU;^^*W:UGVB_.$2*Y>OZDOQEVLA^>,WJRO&L8T;
M'/2ZQO4&J@0'O;:ZWD25R$6O]()W4278Z%75K7H3F3]^KW6KWD;FC]]KW:KW
MD?G#I;ZNNMY%U>"B5[9NU?O(_/&;U?4^,I/`;U77NZ@:7/3:ZGH?58./7CF%
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M!NF`=$%Z('V0`<@09`0R!IF`3$%F('.0!<@29`6R!LE`-B`YR!9D!U*`[$%:
M+2+V:BOIUL0\<HU09AZ#Y90FECNZA^<I&U27:X4H2)^JCD'>8AV0+D@/I`\R
M`!F"C$#&(!.0*<@,9`ZR`%F"K$#6(!G(!B0'V8+L0`J0/4BK171+U(Y18BAQ
M0VRHPP51M?%&L+TWY"61R3AXS3ODUI*Z7!!&QM+GLF.03^N`=$%Z('V0`<@0
M9`0R!IF`3$%F('.0!<@29`6R!LE`-B`YR!9D!U*`[$%:+:+0T;X/6^TX*C&6
MW%G$QO*G.8-3]UBBW%-+SWSM8Y#_Y`Y(%Z0'T@<9@`Q!1B!CD`G(%&0&,@=9
M@"Q!5B!KD`QD`Y*#;$%V(`7('J35(KHE2KHU<8_,);%[7C$MF8S46)8H8]65
ML8Y!1V.!=$%Z('V0`<@09`0R!IF`3$%F('.0!<@29`6R!LE`-B`YR!9D!U*`
M[$%:+:);HG:,$F/)K7QL+#\M&9RZQQ+EGH9RSS'HZ!Z0+D@/I`\R`!F"C$#&
M(!.0*<@,9`ZR`%F"K$#6(!G(!B0'V8+L0`J0/4BK171+U(Y1XAY9,2ISC\&I
M>RQ1[FDJ]QR#CNX!Z8+T0/H@`Y`AR`AD##(!F8+,0.8@"Y`ER`ID#9*!;$!R
MD"W(#J0`V8.T6D2W1.T8)>XQ.R-E]CGPU#\.U>6<&5U3J_6`=H@Z.HBH2]0C
MZA,-B(9$(Z(QT81H2C0CFA,MB)9$*Z(U44:T(<J)MD0[HH)H3R3KD,89[\^E
MNWU'RDHD6=KAJ;?,XF:TLNU/;+)8I.<FA^HRRT7>NE*34XCR5>H0=8EZ1'VB
M`=&0:$0T)IH038EF1'.B!=&2:$6T)LJ(-D0YT99H1U00[8G$6]8!TMV^(\5;
M9.V$I=XR2YEEWK)+G++LY)5OS1*4,;)<?T7>NM;>.D;YQ$Y(]*A+U"/J$PV(
MAD0CHC'1A&A*-".:$RV(ED0KHC511K0ARHFV1#NB@FA/)-Y"1XJWR-H)2[UE
M%D0C;[D=N3>7LK#P\O7AXY^WCV*D2MB0<PNHL><<JAUMV*X`=8BZ1#VBOD/-
MZ\/V7UT>T%'WD(,0X;T[)!H1C8DF1%.B&=&<:$&T)%H1K8DRH@U13K0EVA$5
M1'LB\9OM5^D+W]+B-S+?_S8N]9M9"?T=O]F54S&P_\3;BD.QWX`ZC.H2]8CZ
M#LG6O/_$`=&0:$0T)IH031VZE`N.,&E?J6WN68CR]9H3+8B61"NB-5%&M'%(
MGI7PE<A#5%Q[M:^Q#5$^<4=4$.V)Q(:VNZ7!O)C8D*R=L-2&9MTTLN'Q<LVN
MIR9V<RBV&U#'/%-D[D%#5)>H1]0G&A`-B49$8X_"I<;$HU"OJ4.1P6=$<Z(%
MT9)H1;0FRH@V#D5-F#-J2[0C*ARZE.NL:$BI/9%]B#KZJ$4Q\9;MW*C%6NV$
MI=XR"ZUEWK(+L(FW'`J]TZX`=8BZ1#VB/M&`:$@T<NA2+B6BYE.;`N,0Y9MO
M0JTIT8QH3K0@6A*MB-8.7896S8@V3,Q]5'K8ZG)C&Z+\8>^H582HN`G5`N8^
M1'DMF=W@`'$@6>J4U(%F^;7,@799-G&@0Z&MVN8)Q70JZQ!UB7I$?8>4D=1"
MW"!$^5884FL4HN(656LRXQ#EM2;4FA+-B.9$"X?4`:F;]V6(\I5846L=HN(#
M4C=K68CR6AMJY2$JTKI6UQ#;$.6U=M0J0E2LI<[H^Q#EM<2ZL(Y8U[*TQ:[5
M5"SSZ3%,Y%(WF^7@R,V_O$6QR\>)RRVZE&N$XWQ6;2@;MLWSM6)\B?)'U"'J
M$O4<BLY<?1\E9X[C)]94$PY"D/_`H9<*I_!1B(JDKC$9N\K;9^?-4XX3:DW+
MM=0,-PM1OEYS:BU"5%PO-<,M0Y376E%K':)B+=5!68CR6AMJY2$JUE+SQ#9$
M>:T=M8H0%6NIX;X/45Y+AH)S8>A(&0K'/HK5U("7H7`,$[ET*)BU[6@H'"];
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M+JIY<5B&O&I6U`EXZ`+DK0;_8:-7*8]3Y4:SJI0G5)Z^2GD6HLR;$Y6*FOWG
M%%Z$E!.-L0Q11KBJKA]6U%V'C!.Z67F4.MUN*)^7)ZH^W(:H0[55<^RH6X2,
M$]7>ARBCJU]0D0%D#1Q90P:09:==)T^Q'\,.77@1+)X.,+/H7S;`[&9`,L`<
M"J.I;5ZW4G=\#JD!IIS9#5'>\SUJ]1V*#G_@D!M-E7JEIJ[UADP:$8U3G<MZ
M0UU,39@S)9HY))UA6EEIS)FP(%JF&G5UZELQ8TV4I2*-"JQO>RIJRIPJVU2E
MIHYGQXR":*]$+M1@$E>C+N)J,N\NY?1P9*F1S6Y"F9'=CE*T#U!U*#8R4,=%
M*2.K&:L;HH*1H=5W45'K#QQRSFE<JFX?,F5$-$Y5JI>JQR9,F1+-@DH\686&
M/KS[-F?B@F@9M`[S3GHR7#%A390%C1/UV3`Q)]H&K9+Z[)A0$.V#QHGZB*]M
MQT>]++XF:_]*+O6UV9XH\[7=MD@F:(=B7P-US.NJYLXMO>!6=]_=$!5\#:V^
MBXJ.>."0FZ";%Q?*1D/FC(C&J4SE^@K.MK6)/GI*F9E#_SB%.&=#:T&M9=`Z
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MQJ$^E8HZ$<RILO`I067ID5/1M\HKJJQ]2E#)/+(J#7W_NJ%*[E."RM8C7Q=U
MZ;>C2N%3@LK>(ZM2TR=(<;-U4]1-XF;+HOX6-SOFJO./=XIFGR7R\2_G;+LO
MD\S9#H6C:)MOH^#5B')*)T0%?Q\3/>JYJ&BYJ>]0-'H'#KDYNW[=O%(3T]!%
M1`TWHLXXU:DTF]>JUA/J3*DS\SK_-)FX2Q1[N%&=%M1:!JW#%8&^'5BY\DAE
M394LJ)1/;X<:;:B54VL;M$R-JA5X'<=54&4?5$[42!P/,7&\99$#Q/&6O7+^
M-ILJO^-[MW\3+A-NJVY?1C[V>&*N7ZB)K!VBO*,[1%VBGD.)[^TG-F5H'S^Q
M9&G215T>IM8K64'$4+`1D6%&[M-.2X]]E)6N-9MZTW3B(B+IJ4\Z6>M9B#J8
MG"<$U'D14DXTQS)$&>%:-!$>'+]RY5&-UR'EA'`6HHQPR6D#-<Y#R@GA;8@Z
MU+BF+C]WKCRJ<1%23@CO0]1!N.3D@BK+4+/LM#-D]!W#C'8E:N;TNLEL.)T:
M=]GCS_@!8SE(7$]9E%X\Z<7LMDN4J##NCHD>=1G5\Y\83F=]AYIA\W9`-&3B
MB%%CH@D3IXR:$<V9N&#4DFC%Q#6C,J(-$W-&;8EV3"P8M2>2Z=\Y(/2'>-*R
MJ$/$@#%+/%?[AZW,`T_O/QVZ%#,?9]BZ/KVU0Y0W4H>H2]0CZA,-B(9$(Z(Q
MT81H2C0CFA,MB)9$*Z(U44:T(<J)MD0[HH)H3R1?_V*W,J6[?4>V;DM8VN&I
MM\R&3#2?^?O`FMVHB:^3'5+>4I-[.T3Y*G6(ND0]HC[1@&A(-"(:$TV(ID0S
MHCG1@FA)M"):$V5$&Z*<:$NT(RJ(]D3B+>N`U%MD:8>GWC*[)V7>,ES-6Q8I
M;ZG]N;9<+A]NRX+=.T1=HAY1GVA`-"0:$8V))D13HAG1G&A!M"1:$:V),J(-
M44ZT)=H1%41[(O$6.K)U6\+2#D^]978PRKSEMKFB^YR:1<I;:EVZ':+"O'5,
M]*C+J!Y1GVA`-"0:$8V))D13HAG1G&A!M"1:$:V),J(-44ZT)=H1%41[(O$6
M>DV\199V>.HMLVE0YBV[F9"<$RU2WE+;5NW:,<H;J4/4)>H1]8D&1$.B$=&8
M:$(T)9H1S8D61$NB%=&:*"/:$.5$6Z(=44&T)Q)OH2/%6V1IAZ?>,HOT9=ZR
MB_>)MRQ2WE)K(>W:,2IX"ZC+J!Y1GVA`-"0:$8V))D13HAG1G&A!M"1:$:V)
M,J(-44ZT)=H1%41[(O$6>DV\199V>.HMLV0>>>M7:^$UN\2>>,ZA<+/:]E$!
M=8BZ1#VBOD/^Y>=*4S_,,P@1WLY#HA'1F&A"-"6:$<V)%D1+HA71FB@CVA#E
M1%NB'5%!M"<2O]FN3EY^+F&^_TM>?JZ9!>O?\9M=X$[\YE`P5_N@*G<'`76(
MND0]HKY#LI?DW30@&A*-B,9$$Z*I0[]X^3E$^7K-B19$2Z(5T9HH(]HX)(](
M^$KD(2HL']6NU.[(-D3YQ!U10;0G$AM:!R0O/Y<P;PL;ETY[9N4VLN%Q"<.N
MZ"9V<RAXJUT#ZA!UB7I$?:(!T9!H1#3V*-SK3CP*M9\Z%!E\1C0G6A`MB59$
M:Z*,:.-0-(AS1FV)=D2%0[]X^3E$>5.*MVS?1JTCIU0R[P$;EWK++,J6><LM
MZL:WF0Z%WFG7@#I$7:(>49]H0#0D&CF4OK!XI996QB'*-]^$6E.B&=&<:$&T
M)%H1K1V*7WXFVC`Q]U&RTG!<":]=J;O^;8CRA[VC5A&B8BUUE[</45Y+'`@'
MB`/)4J<D#JS_P^+_@:>+:!Y%#B3J$'6)>D1]AY21U/W(($3Y5AA2:Q2BXA95
M#Q"-0Y37FE!K2C0CFA,M'%('I)Z76(8H7XD5M=8A*CX@M9F>A2BOM:%6'J(B
M+;S\'**\UHY:18B*M=09?1^BO)9\$WC):U(A+E936P"M=@@3N=3-:KOA5[<H
M=6Y#./2+EY]#E#^B#E&7J.=0=.;J^RBY&0M3B6K"00CR'SCT4N$4/@I1D11>
M?@Y17FM"K6F(BK74##<+45YK3JU%B(JUU`RW#%%>:T6M=8B*M=0\D84HK[6A
M5AZB8BTU3VQ#E-?:4:L(4;&6&N[[$.6U9"@X%X:.;-V&N%A-#7@9"F['Y/`>
M>SH4S!IXR:5%W:Z-QY>M#OWBY><0Y6O>(>H2]1Q*+&\K$5TY#5Q4A(9,'#%J
M3#1AXI11,Z(Y$Q>,6A*MF+AF5$:T86+.J"W1CHD%H_9$8C?G@'`>%[NA0\1;
M,4N]9=:[R[QEU\$3;SD4/JQ==ZOE<F=VG._J%VK"ZX0H;[<N4<^AQ%OXQ`&C
MAD0CHC'1A&A*-".:$RV(ED0KHC511K0ARHFV1#NB@FA/)-Y"XXNWR+P';+^E
MWC+KW67>LNO@B;<<BKT%U*E;E#X/%3U_=7C,K1NBO-UZ#B7>LEKJ?0]UOABX
M1/^ZIGQUBCK3#5V$/)/C/VWDT&GI<2I]V=3G]@F5IZ]2GH6HPP-J5?7\^YS"
MBY`2!C*>MUR&*"-<5W>&*^JN0\8)W:P\2IUO-Y3/RQ-5)VY#U.%A0%6\HVX1
M,DY4>Q^BC&Y537LR@JS%(FO("'J-[63"/H8=NC!ZH28=86;5OVR$V=V`9(0Y
M%(\PH([YD28^SJXZNANBO.=[#B4CS&I%AS]P46XX52N7-=7)0Q<1)8V(QJG.
M=;6AVG["G"G1S"$9J+:5TY<]Y\Q8$"U3D89JJQ4SUD19*M+4KYILF)(3;5,5
MW2@[9A1$^U2D5E7#16R-?A5;D[53H3!OI@Y6.U%^2=9\`;UZ\L>CV,'8A.JX
M*'6.4/<ZW1`5'`RMOHN*S#APR)\0:DW5/$/FC(C&#CGGU?5K81.F3(EF026>
MIM20FC-Q0;0,6H>QD`Z%%1/61%G0.%&?#1-SHFW0*JG/C@D%T3YHG*B/&-KV
M?-3-8FBR]J_D4F.;W8JRJ=GM8T7KP>9+RXW78V,#=5R4,G885N[BQR9&#X/W
M*-]W*#KB@4/.V)=7-775,&3.B&B<RE0O]<MW$^9,B68.N?&A[I7G3%@0+5,-
M_9K%BAEKHBR(G+#0AHDYT39H'2RMCFK'C()HKT34Z4;,;`T0=:V8F:P==,H/
M+#6SV0J)S/S+Q3BW51:;W*'8Y$`=\]L0O/Y0*T+=$!5F;VCU790\+>BC!@ZY
M=^<J\HJ,FBR'+B)JOA%UQJG.9;6N9":4F5)FYF6JA^L/M3@ZI\:"&LM40W]Y
M]HHB:XIDJ0B^?(4B.46VJ<BUZK0=10J*[(-(N2T/LYRXW'9WU$WB<LNB_I;K
M:,M>]Z9<W6RW1"X_7HNX;9A@I-M#J)JR;92:G]7E0<<E1O-SEZA'^;Y#T9NO
M`X_L&\IR:THWVSI%S33R26$<CCVR.M7+FG[O<N(B(IVI3PHZ,X_<B[CZI?LY
M518^):@L/7(JVD<KJJQ]2E#)/+(JS4OEQ@U5<I\25+8>696J_@&&'54*GQ)4
M]AY9E5I3W:R(F]%-XF;+HOX6-SOFFB;Z)K9DMFZHC<!?S=:'^'2#T*-P%&V'
ME+_5Q-<)47[2[1+U*-]W*!J]`X?<;-VHUBIJ-`U=1.3+$77&J4[UHM)44^V$
M.E/JS+R.+*8>5SNK^E9M3JT%M99!RUP+5"^4/U=465,E"RHG:K2A5DZM;=`Z
MU$B?TG94*:BR3U74U:G\MJO=*HPZK'5+%?EU5QOWNGF[\9M;A8=XY7>W^2(7
M2L>NY1O.+C&:O#M$7:*>_\0PG/H.G7[9=."C[&O(E8NKJ[IJTZ$+B9ITY+/D
M'N9X-%C-&_LHJUV_;.@)>T+IJ4\Z*3T+48<K72T\I_`BI)RH\S)$&>&Z7OM=
M47@=4DX(9R'*"/-\0>$\I)P0WH:H0XT;:NK94;@(*2>$]R'*",L;ZNDMNXPU
MZ^G(&#+6+#OM.AE^QS"C7?G'$XW95HHNF'"B4:\X-^PV5+PLZ5!Z5L$KSB'*
MGU4Z1%VBGD/1K77?H>B-V@'1D(DC1HV))DR<,FI&-&?B@E%+HA43UXS*B#9,
MS!FU)=HQL6#4GD@\Z1P0)D+QI&51AX@!8Y9>W)@MJ,AS_B*]X;:FHHMTA]1K
M$>KJJQVB@K>LEB1ZU&54CZA/-"`:$HV(QD03HBG1C&A.M"!:$JV(UD09T88H
M)]H2[8@*HCV1>`N])MXB2SL\]9;9=2GSEMV-2>8MBY2WU.3>;ARCO)$Z1%VB
M'E&?:$`T)!H1C8DF1%.B&=&<:$&T)%H1K8DRH@U13K0EVA$51'LB\18Z4KQ%
MEG9XZBVS0U+F+;MSDGC+(N4MM=+7;ARC@K>`NHSJ$?6)!D1#HA'1F&A"-"6:
M$<V)%D1+HA71FB@CVA#E1%NB'5%!M"<2;Z'7Q%MD:8>GWC*;%67>LIL8B;<L
M4MY2VV/MQC$J>`NHRZ@>49]H0#0D&A&-B29$4Z(9T9QH0;0D6A&MB3*B#5%.
MM"7:$15$>R+Q%GI-O$66=GCJ+;-W4.8MNZ>0>,LBY2UUO]IN'*."MX"ZC.H1
M]8D&1$.B$=&8:$(T)9H1S8D61$NB%=&:*"/:$.5$6Z(=44&T)Q)OH=?$6V1I
MAZ?>,JOS9=ZRJ_:)MRQ2WE+WO.W&,2IX"ZC+J!Y1GVA`-"0:$8V))D13HAG1
MG&A!M"1:$:V),J(-44ZT)=H1%41[(O$6>DV\199V>.HMLU9>YBV[AIYXRR*S
M(WI<+JOKM>:V>9Q/MB8E*G@+J,NH'E&?:$`T)!H1C8DF1%.B&=&<:$&T)%H1
MK8DRH@U13K0EVA$51'LB\19Z3;Q%EG9XXBUY2*+46P>>+BP[9!X=B;RE=DW:
M(>KH+:(N48^H3S0@&A*-B,9$$Z(IT8QH3K0@6A*MB-9$&=&&*"?:$NV("J(]
M4:M5PFY+6-KAJ;?,TFLT;QW65*N--W)#\/&OYY?'[X/[AR]?Q4OAI^EE@TP_
M*^>0FM+4$R?M$!5L9[6B6:[+J!Y1GVA`-"0:$8V))D13HAG1G&A!M"1:$:V)
M,J(-44ZT)=H1%41[(K$=>JUU6\+2#D]M9Q9<(]OY956S`Z>>PW0H]99^R+P=
MHH*WK%;B+:`>$_M$`Z(AT8AH3#0AFA+-B.9$"Z(ET8IH3901;8ARHBW1CJ@@
MVA.)M]!%XBVRM,.MM]X^?[V_?^G<O=Q]>/?]_NG+??O^V[?GLX^/?_TP$]B%
M^4FY(S][NO_\_ERD;UI&2URCBRH74E2Y*"VJF*)*:9$1M)=[6K!Q+45RZB_Y
MK*;Y+)FYRXK,9\GH*BFJ2\GA2S+P2>:#RC*:1JNLX%(*#I>:6NI*"@X;$[K`
M'$SIL31,M62ULJ3"C88I*JU9PU1-U@K*LDSEY%:OK,A43Z[46=229BOO5LDH
M;4W3<:49-2DX[""I)FC)@99:1YXKO#%/#;)6\DR-E)0UFSR#<&.>76&.[*)*
M26F5&U4I*:USPU1:MB-*Y.J2)&_HL43>K9*2LAQY%4I*RKI47N&0DK(>E4?C
MI:2L0^798BDIZ\_6;=T,!'E-F[63%ULEJZP9Y#WH&_.:,W/DM>:;<6F)O*1\
M8UY!9HZ\<GQC7BAFB;Q`?&->#V:)O`Y\8U[V98F\W'MC7MUEB1RK&=FE9?*5
M!G)$9:T@7U`@1U16(M\:(/4N*Y'O`)!ZEY7(&_U2[[(2>3]?ZEU6(M\D=&.^
MM8=')-_28T9*69%\5\K-7K[AA$GR-2`WYDL^6")?L2$?5%8BWZ%Q8[XA@SGR
MC1CR.64EMS73VO+=L4R2;_@T165#0KZ@T125C0GY?CU35#8HY.O13%'9J)!O
M&C-%I<.B*D-)?BN'%93?')&2LASY;08I*6MQ^7IY*2EK<?F2;RDI;R,S^N1[
MFED%^9'C&_/[U"R1GZ,5N;(<^?58*2EK\4Y5YB#Y#4.JR>\(2DE9>\LOL4E)
M67/++S`;X\DOVU-/?@M<ZEW6#/+3\3?FE^&9([\$?S,N+9'?=;\QO]K.'/F5
M]AOS&^PLD=]<OS&_J,X2^07U&_/[Z"R1WT._,;]VSA+SX^;F6,O*^M(,@])6
M&$G)N+1D(27+TI*UE&2E);F4;$M+"BG9EY;T*V8@V0=CU&ET6JG+!Y5U;"XE
MDE165%0:\DEE@V54:<JQE@V6M91DI26YE&Q+2PHIV=N2M\=Z/W]X]_/NR_WT
M[NG+PX_GLV_WG^7Z\N+-I=PT/]F[9?N/%_N3"V=_/+[(G;2YAS[[>G_WZ?[)
M1$OPY\?'%_\/Z>JW?S\^_7FXAOWP_P(```#__P,`4$L#!!0`!@`(````(0"U
MQPNY=R@``,7C```9````>&PO=V]R:W-H965T<R]S:&5E=#$X+GAM;)2=6Y/;
MMK*V[[^J[S^X?&][=)B#II+LRD@\B!1%ZBQ=3IQ)[(KM27DF*VO_^]T0N]E`
MOY!FO"Z6)P^[&VB@`0)-B/SI?_[[]<N;_SQ\?_K\^.WGM[WW%V_?/'S[^/C[
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M^O+MF]\>GI[3ST[W[9N/_SP]/W[=M4(]-M4:Z;.1`56SO3ZX>G]Y?3'H]<G(
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M4%DPMZ"VH+%@8<'2@I4%:PLV%FPMV%FPM^#@@0_4_UT04-S_4!`X>1<$TGMW
M`C0J^J;#14)4)A8D%J069!;D%DPM*"PH+9A94%DPMZ"VH+%@8<'2@I4%:PLV
M%FPMV%FPM^#@@:##:;+R.UP&M\,_OZ7_[P9W?W`==N1=*T,W;^G),9`)D`1(
M"B0#D@.9`BF`E$!F0"H@<R`UD`;(`L@2R`K(&L@&R!;(#L@>R,$G08_3/2;6
MXP[3U$]QTG5Y9#YOI89T>_"E+L/(&'=2$AD3(`F0%$@&)`<R!5(`*8',@%1`
MYD!J(`V0!9`ED!60-9`-D"V0'9`]D(-/@CB@/HS%@</'.)"^NVO)D!:=?I]?
MF3[OI$1O`B0!D@+)@.1`ID`*("60&9`*R!Q(#:0!L@"R!+("L@:R`;(%L@.R
M!W+P2=#GU(=^GQ_7>/W+]R3?[@EQE><TPG!HR9`V$GXXF)O#N)/JP@%(`B0%
MD@')@4R!%$!*(#,@%9`YD!I(`V0!9`ED!60-9`-D"V0'9`_DX),@'*@/_7"0
MF[_#89^W9.@O]H?7=F'7"75=#B0!D@+)@.1`ID`*("60&9`*R!Q(#:0!L@"R
M!+("L@:R`;(%L@.R!W+P2=#EU(6Q+G<X[/*6V&%^8V;]3JKK<R`)D!1(!B0'
M,@52`"F!S(!40.9`:B`-D`60)9`5D#60#9`MD!V0/9"#3X(^I^Q+K,\=#ON\
M)<$PIS7@R/1Y)]7U.9`$2`HD`Y(#F0(I@)1`9D`J(',@-9`&R`+($L@*R!K(
M!L@6R`[('LC!)T&?NWQLK-.//.QU1F:H7UV8;E>QKM\1)8A21!FB'-$448&H
M1#1#5"&:(ZH1-8@6B):(5HC6B#:(MHAVB/:(#@$*H\'E>VQR;W#SWN7Y3JW\
M7%;>S`^,;*3T;*2TFB2FD0(H46,BE2+*$.6(IH@*1"6B&:(*T1Q1C:A!M$"T
M1+1"M$:T0;1%M$.T1W0(4!@I+E'D18JL"5UBP$9#BVPTV&4A:P;1T&E*UR<H
ME2+*$.6(IH@*1"6B&:(*T1Q1C:A!M$"T1+1"M$:T0;1%M$.T1T1/B(]]V_90
M&`TNBQ2+!LXN];L1?M=K4;!X&%S#3:23DIZ?J**@!%&**$.4(YHB*A"5B&:(
M*D1S1#6B!M$"T1+1"M$:T0;1%M$.T1[1(4!A,+A44BP8VA0319%TX)U[+DJS
MA9T:!O9&T8F)YD0U!26(4D09HAS1%%&!J$0T0U0AFB.J$36(%HB6B%:(UH@V
MB+:(=HCVB`X!"J/!)9EBT=`FGX)H:%$P-?0NKLRSPK%[-.Z"1I\F31`EB%)$
M&:(<T111@:A$-$-4(9HCJA$UB!:(EHA6B-:(-HBVB':(]H@.`0JCP>688M'0
MYIZ":.C247X"\<H^0W"''-HI1":"":($48HH0Y0CFB(J$)6(9H@J1'-$-:(&
MT0+1$M$*T1K1!M$6T0[1'M$A0&$TN/13+!K:M%00#9RIHG^\=/*5?;K@SJW8
M:`"4H%2**$.4(YHB*A"5B&:(*D1S1#6B!M$"T1+1"M$:T0;1%M$.T1[1(4!A
M-+C$5"P:VH15$`V<PZ*Q[T>#?;C@CB*Y:+CJ5AP31`FB%%&&*$<T150@*A'-
M$%6(YHAJ1`VB!:(EHA6B-:(-HBVB':(]HD.`PFAP*:M8-+2IK"`:.+MEY@:;
M@W:GR^S<`"A!J111ABA'-$54("H1S1!5B.:(:D0-H@6B):(5HC6B#:(MHAVB
M/:)#@()H<,?[_&C@4V?OW:'@YT^?/_YU]T@30:\[=':4#].7C"Z=AIQ$NQS8
MY80H#G3*8'0L2A1'`[-'251*UB$IH@Q1CFB*J$!4(IHAJA#-$=6(&D0+1$M$
M*T1K1!M$6T0[1'M$AP"%<1-+:/8N3\<-)C/[+>KK363,B+;`TM<30==ZS"F)
ML)39-<5S%X6TQS'/3C(5DQ)R1%-$!:(2T0Q1A6B.J$;4(%H@6B):(5HCVB#:
M(MHQHH.QTEY[1(<`A7'B4EO>W:8]\3`X)KZC\TN;"O/O0NXL,-U>@OF%>M:N
M25@LB!W6I"R'%Q,V)Y:PIA>(J1B[UN#,I![&FDF^YVAM&K%6G+!FDK<E6IM%
MK%4Q:Z.1J=H<C=418TW,6._BVDS,"[2VC%A;Q:U=F`W&&JUM(M:V<6O7)I6Q
M$U6=2/:,!CJ/',18N-J]UEM7&,HG<K'NO#G%9Q"R+;JD9;(?>,;GL6AJ+2>,
MKOR;*;6]"?8$-5-&09GTXX\PXY>)_>'QP/C5J&=:+D?+TU=9+L3RY=%R?VB<
M+='P[%6&J]#PZ,HL/^=HN'Z5X28TW!M!@'/':O<L7V5X)8;;1N[U[*/<-0MX
M<]7F59:WH>71\,8,\1U:WK_*\D$LM]WWKC_4P`A'@4L9VPG]W(V_33$'HZ-%
ME^&VXMKTZ]C]&,.-*VW^":-+VEWXX\K<Y!/43!%E,6/]2U.+'!6GB`JU=?P=
M1L\,NQ)59H@J1E<7[1`:V47T''5J1`TC:B57F9&]WRU098EH%5KIFQO3&C4V
MB+:,V*/AA1=5QQ^;[%!GC^C`B#UZIW4)0]/EKW\D-)V\F;A;9$+SQCY%<X_M
M;6@"2E`J%=3W8S\R2[?&KJY/SM)0VO1UI@L6N[HZFAY<F4FO%#,ZZF:"SE>Z
M$LMMI0>C"V-Z+G;4="WHO.DF-$T3JC&]$#MJ>BGHO.F5-7VCP76,T+784=,;
M0>=-;XWIP65?5Q8<_="->[&MQ1T8M>O3,.)=CAXBGGZ22_.CV[RO'_^F^.;_
ML#OY-K\?3,PMLM%O[C%CJ@A$/Z`$I5)!UR]$/QN[OCG&J#?<CZV6BQEMHJF@
M\Y:+3LQ?F,&<7XJ8%C`3=+Z`JA.+5WTNU]5R+>B\Y:83BUM>R'6UO!1TWO*J
M$Q/+0S/=K45";6\87>FSPBVB'2KN!5W[]W"8`0\B=M/>"VD]HNO)<`A0+.$0
M\!(1/`;D'(T;LW;29Z3NC45*T011@BAEY+5+ABA'Q2E*%8A*5)RA5(5HCHHU
M2C6(%JBX1*D5HC4J;A!M$>T0[1EYK7H(4!@1[N$$3(I>1-B)L'V8$4R$+0I2
M#I&4)BOZ0=(BD]+4I?1Q`DOHA1`N!DE*DBHIH@Q1CFB*J$!4(IHAJA#-$=6(
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MVD42HR"]2"VHJ[+CK6TLFEK+"2.3TK3[K`0U4T$W;@LC3PAAK9A)`6VZ[7IH
M.R(7.UJIJ:#SIHO0=&]D?W-7BATU/1-TWG1E3%]`7E/LJ.E:T'G336CZ^O+2
M#,&%V%'32T'G3:]"TY>C2Q,`:[&CIC>"SIO>AJ;[@Y%]F<E.#*GMO:#SM@^A
M[7>]WD";)!P1YGE5-R+PN=2`GR[YFUD:$2:!.&8Q/XTIFG3C[L*Z=W%CDAH)
M:J:"=-N5Q8S!EC8716VZJ2"U5:@MESFT3QU*T5`C,T%JI&+$.;]!WX[TN>BH
MF5J0FFE",[W+&Q-I"]%1,TM!:F;%*$@90_.L15%M;02IK2TCR6:.ACJMMOD<
MT5$S>T%JYL!(LIEJ)(Q$\[CII9,9`WP,Q<CF<\QV9"R:6NN):)H(U:JV&QG4
M3!G1@)/55<;HBL9+%^[0!3G:FJ*MXE6V2K0U0UO5JVS-T5:-MII7V5J@K27:
M6JDM-PH')N[7:&2#1K;GC>S0R!Z-'$(C[WK:_V&HNB<U/[!S&O"3'>\'"XQL
MJ)IU[5@T_5"%QT0)2J6"@LU49"G1&N/$>VPI`:5-7V>Z8#$VW;\8FJ=6I=A1
MWV:"SM>Z"DT/!Y>FV>9B1TW7@LZ;;D+3H][`W-X68D=-+P6=-[T*35^.1GI+
M/LXN:[&CIC>"SIO>AJ;[-_`D;2>&U/:>D;<O/`@Z[N?#D'>9>PCYUV7>!YSU
M]\._13;\S49L+)I:ZPFB!%$JZ":<@\UCRDS$3F7>Y;J6/Q5TWG(A8F3YS$V@
M%#$M8";H?`&5B$G5S6)J+M?5<BWHO.5&Q,2R7>$M1$!-+P6=-[WJQ`;MDPX\
ML+86$36^8>1E0[>(=JBX%W1#DYAW)S91<.C$^"Q`K^=M(,)1X)[4V%$0?Y]-
M\$"J6U7SDQY_)+3(_'+-+O[&@TY,EAD31`FB%%&&*$<T150@*A'-$%6(YHAJ
M1`VB!:(EHA6B-:(-HBVB':(]HD.`PJB)/;*)1TT7*/C49M`B&R@FF,<JIH'2
M:0I*4"I%E"'*$4T1%8A*1#-$%:(YHAI1@VB!:(EHA6B-:(-HBVB':(_H$*`P
M4-QS$F]ZZ:*A?7[B9]X'+3(O2;LQJY6QBDG73Q`EB%)$&:(<T111@:A$-$-4
M(9HCJA$UB!:(EHA6B-:(-HBVB':(]H@.`0JCP3WG\*+A%2]/&[2/1H)`:9&=
M-LQB?,R:)*:!TFD*2E`J190ARA%-$16(2D0S1!6B.:(:48-H@6B):(5HC6B#
M:(MHAVB/Z!"@(%"&L0<T+[QLY:@3/J1A9")E9/968Q63L)@@2A"EB#)$.:(I
MH@)1B6B&J$(T1U0C:A`M$"T1K1"M$6T0;1'M$.T1'0(41LJ)YQ]#?/[!R$:#
MW:&IF$9#:\R;2A*42A%EB')$4T0%HA+1#%&%:(ZH1M0@6B!:(EHA6B/:(-HB
MVB':(SH$*(P&E]#W;C"RW!BVB7[_+L+(+#=L!F.L8AH-K3'OI[,)2J6(,D0Y
MHBFB`E&):(:H0C1'5"-J$"T0+1&M$*T1;1!M$>T0[1$=`A1&0RS_?GZ7,L04
M/",[;9CLQ%C%-%!:8\&T`2A%Q0Q1CFB*J$!4(IHAJA#-$=6(&D0+1$M$*T1K
M1!M$6T0[1'M$AP"%@>)2PK%I@U/%7G)CV"(;#?:!C(II-'2:@A*42A%EB')$
M4T0%HA+1#%&%:(ZH1M0@6B!:(EHA6B/:(-HBVB':(SH$*(P&DQCN;B*8]'5O
M<:=C@#8:]"%+>Z1"Q:3K)X@21"FB#%&.:(JH0%0BFB&J$,T1U8@:1`M$2T0K
M1&M$&T1;1#M$>T2'`(718!*D731@XM.M)2+18)[^C55,HZ'3%)2@5(HH0Y0C
MFB(J$)6(9H@J1'-$-:(&T0+1$M$*T1K1!M$6T0[1'M$A0&$TQ!*?9WX[YV8&
M<U:=D=O\>AE\"))6D:0D(B9B2Y\C)(+T:$(J2*4R1#FCH!+T)3F3>IVJF-2B
M0%0BFC'RCLQ4*J5^4Y$FOS=7,2FR1M0$*.RA$QE']^HTVQ,M\HY8CEG*0Q-1
MU`9-&-W0[-]U(;EB,E"IBHDK&1K+&7D/+:>("D0EHAFCH-G923TK.T?%&E$3
MH+")71HMMEQJTVO!+HN1-MYX"&B"*&$4-G'OPJ1N4A73)@;[N=C783)%5*@M
M[=61/;M1JI24.!-;ZF0E2$N<(ZK5UID2&Y6B$H..N(RER<[,1D?Y,$7&R"58
MO%"VY_;&*B9>3\28>ITP"F:52WO@,E4IL96)+6VNG)%[?XE6K'=ALC53U"S4
MOFK2-S+#G]&7*B6UF*&MBM$+M9BC9JWVS]2B42GHVQ.)K4M,;`FB@:=E]7H7
MYC3&V),3GR?"_%[D$K0S4I3*$.6(IH@*06J^%*25F"&J$,T1U8+4?"/H:#X<
M0"?R19>8+Q*D=1PS<K]CTA"%`]43U$Q$D^;F3A..,J6B>-'^'A??%9")A%8J
M%]-^I>R[`*>H5XC>V2J5+.7.J'L5-_?P&9JOQ+Q?+?LKQ3GJU:)WMEH-2U&U
MW'F[TZ\^N#09(5G,'[F9&#D3I$T[9BG;W\;[B1A3S420!F4JB#L7?UB?B83:
MR1D%-<#.A9H78DK++QF]U)-@JXK5`7L2]&JL0Z-U:+NMFZ+#07HB.W.)V1E!
MVF1C1D&3T=QHTG<3U$P$::.E@KC3>D-[3B\3":U!SBBH`78:.Z-ZA9C2\DM&
M'.?VN/E,--1(%2L<>PL*K\64%MZ$A=,@T\`/^^M$_L3]5LJLP`5IA<>,@M:B
M_C()M@EJ)H*TRBDC;J^A701DHJ+EYXR"\F]PV<&^J&(AMK3X,BQ>F^N8%9J)
M@MJH7E7X'!5K05IXPTCFQ)[N3L+>.I'?N,3\AB"M\)A1T%K46R8!-D'-1)#6
M.&7$-;;OOLI$0XO/&=GBS69ZBIJ%("V^9$3%G[VW<;MH+:H3M3`KSKD4J9JU
M(*U%\U(MPLYS68+(3LR=0K5#C9&6/F8IVWHF3B=B3#4305KOE!%WGIV:,M%0
M(SFCH'B<%Z':A9C2PDLM_&S7@:TJ5@><'D&OQCHT6@=>@YRXF[G]>*S+'#=+
M$$;:9F/WXSV2"MJ,QIN.[>/4,F$Q+P^0"-)62QEQE_6'9F^5B8J6GS.RY<.`
M@YH78DS++[7\L[T&MJH3M8`!!YHUUJ)YJ1;A@'/)!:_W7OI)C_O1DNU5R$^,
M6<JT:L\D.R9B3/LC8>3]5B<5U!Y([IE-8(9&<D9!\3?>_>(84U-4+*0H_:50
M*8C6?^<V"-`&U:LJ,<=*U%*B5J(1=*H209?2;\%^J$N/\N%`9>0>,'9.]^A_
MW0S0/@92L6[[+<:\+F7D?KC0&<.](4OQRU7HMW4#,P=D:#I'-$54,#I?@5*D
MVK=0V9OU#.U6B.:(:K%[UOU&I-K2WUUZ*[NP<TT6!<:K>;?,%697&`6=.[1C
M<ZQ2VK=LR^_;%M%Y69%*6='[*4`FE5#%'-$44<'(,U\R\LS/4+%"-$=4,_+,
M-XQ:\V'+GTBMN-\0FAF14?##$AH]9N8:JY@TW@11@BA%E"'*$4T1%8A*1#-$
M%:(YHAI1$Z"PB=TFV[L923;CRG$S0S'2D!JSE&UUNS%6,6GU!%&**$.4(YHB
M*A"5B&:(*D1S1#6B)D!A$[N=<:R)><?LG0RY:I%[,M7-VQ3%9N,Z5C%ISPFB
M!%&**$.4(YHB*A"5B&:(*D1S1#6B!M$"T1+1"M$:T0;1%M$.T1[1(4!A-)S(
M;+@78]@!UR(;#69C/&9-$M-HZ#0%)2B5(LH0Y8BFB`I$):(9H@K1'%&-J$&T
M0+1$M$*T1K1!M$6T0[1'=`A0&`TG,B?T8DZ(AA;9:##;IC%K!M'0:6HT`$I1
M,4.4(YHB*A"5B&:(*D1S1#6B!M$"T1+1"M$:T0;1%M$.T1[1(4!A-+@D0>Q.
MP<D#_T[!2+?"8_I-^3%F%$T$Z2T[$:12J2"5RA#EB*:("D%JOA2DYF>(*D1S
M1+4@-=\(.IH/F]/MW;WFA(6[>04@K4!AT+4H>!K=MV^[&;.B?]!&;*G3B2"M
M>RI(I3)$.:.@$I&#-BHFP[Q`5"*:,?(R/95*>0L1/&BC8E)DC:@)4-A#)A72
MK3XQY7'5(N]4S1C1A)'G2B+(;W8V3__H,@O.WF2BJ;V32Y%Z$F:*J$!4(IHQ
M\NI:H=0<48VH"5#0Q.X="?X@D"8^\G"!+TC]'2.:($H$>4TL*&AB.'N3B9@6
MF0M28U-$!:/@;`\>M%$IB<^9V-(2*T%:XAQ1K;8T:*#$1J6HQ+`C7DHCF-F(
MW@MI9R-&+QVT43'Q>B+&U.N$D9_V8Q2<5(&S-YG8TN;*8XJ44C;)JREJ%HR"
MN0T/VJB4>#1#6Q6CH/I8BSEJUFK?[UN3"VY4"OKV1*+B&A,5@EXZ:./)B<\3
M87XO<@G:&2E*98AR1%-$A2`U7PK22LP058CFB&I!:KX1=#0?#J`3J8IK3%4(
MTCJ.&04):GQSX00U$]&DI4!WM\!DJBCR8_W(B^LR$=%:Y6*;EFZ=;7A^A7J%
MZ)VM4\E2+SR-1/.5F/>K!8^T4*\6O;/5:D21F^K,>_BN3Z1.CMS<O#B;HHT[
M9BG;Y?;9I!A3S420QF4J2,[:P&O?,I%0.SFCH`;8O5#S0DQI^26CE_H2;%6Q
M.F!?@EZ-=6BT#L?'DYJ(",?IB0R'>QVVR7`(TB8;,PJ:C"9QFU)$S420-EHJ
MJ#MK,](Z'Y^G9"*A-<@9!37`3F-G5*\04UI^R8B?CGHOKS\6/A,--5+%"L?>
M@L)K,:6%-V'A[WK>MYW#_G*Y`&^;U*T0VQR!?Q2;WAI\[$*M\)A1T%K47R9E
M.4'-1)!6.64D[34RR8U,5+3\G%%0/IZU0<5"D!9?,N+BS<.PF2AHX16C\X7/
M4;$6I(4WC+CP=]ZST["WW"X_UEN\^_=R!.Z+#V[`:87'C((*4V^943%!S420
MUCAE),UEVBL3#2T^9V2+-]T\1<U"D!9?,J+B]=X)+Y2<B:+6HF)D:V&6>W/4
MK`5I+1I&7;?IFC?L-I=(B'6;X^9.QDAK/'8/6$C*UACN9*"9L"9]"%A6D2DC
MKK']<4(F&EI\'BL>9T0HO!!36GBIA9_M-+!5Q>J`$R/HU5B'1NMPO(V=>I^E
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M;1V\`#)#NV$I=O]=;S!4B;!W30X%!JPY9N->JFE[MT5![^(Q&U8D*>U<MJ4H
M82GOH$K*B-+9HIA))50Q1S1%5##RS)>,//,S5*P0S1'5C#SS#:/6?-CR)Q(K
M-YA88>3NH%V?1X[9J)BTU`11@BA%E"'*$4T1%8A*1#-$%:(YHAI1$Z"PB=W^
M.K+\<^]@M4$,6_$Q2]E6MWMB%9-63Q"EB#)$.:(IH@)1B6B&J$(T1U0C:@(4
M-O&)M(-[1&";N$7V4;I.3.U92];T'Z4C2A"EB#)$.:(IH@)1B6B&J$(T1U0C
M:A`M$"T1K1"M$6T0;1'M$.T1'0(41H-):L#=Q#QMN<%D!R/W>?!NKL-GOZ*H
M=X`)H@11RLBYT)FGJ=3LZ3(5HT$=NG@B$W"#F0!&_L-3D?+K#?F"!*521K;>
M9F.3J1C4VVW28G,A;]Z\?=5-B_JTD//:J&\.M8]9S-M$31`EB%)&@2\W-DV7
MJ12XXO8MGBO'*#OS$;`;WN?X+K8HB#(ZMVHV`V/1U+7'A)%YW&4_T9R@9LHH
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M;G<FB!)$*:(,48YHBJA`5"*:(:H0S1'5B!I$"T1+1"M$:T0;1%M$.T1[1(<`
MA5$26W6>&Q>XZAQ%5IVXMV$I?UV-*$&4,@K6U9&]C8K9!2:=%`P7(+*L;"^$
MZTIA_O9&F%_W"$LB+!5FJV^W.)X<UM^L$[7^N#JD@W+D+#TKHG^Z2836XW:;
M(W*A3VQ/IR[R"1CYU++`)]SJ>&+HDEM5P9KP]!>/Z>511[?\`P3"7MKNB)SW
MW'(B[*4-C\AYNN1^6Y>7MCR>'/K_\FJ1EKH1EV6]2#='[5[<]G3*VI7D<UQ9
M[YC'N9NZG.54EWP67;K[=`7CS:F3H]67NSOUKKV[13#QT+&.6`@$"^96Q@[0
MZ&(RU@0LJ&Y0$T258>W1R:DN-8'HZEJK8[3H.BX_>I?>%SR-OR^O*FG='^GR
M$^M*W6VU&<9.6>M,_D:58679R:DN^2NZOK_,9'%Y8@5-7QU[1>?R`L_;]+5Z
ML+GM]745*\["ZI"<918NT'JP(^H$`V]%V?>6F>P7=*-LNM8MR6`V,Z',R[;`
M6V:VPEJ.>,N"6F'R-JH<Z5K0I:X57=]99N)LMVTQOL:6E6'2@G8!D3!F9GRU
MQX7&G7+@:UPYTK,LJ,KDK"C[SC(39_7V:+R-+8].;9/H=S01OYE9O^VVL%/6
MJE,?1Y5A]]O)J2ZYW>KZFR5A/=XMG?H('YWBB@3TF55AJV`FZJ,1&,NP7^IT
MM?*3"$LB+.W8"WLFE>--T\F[4L\M;>Q0]CTWNR9:B6*?,[/[)NARE:,%PG&H
MD^>M/>]!$7D.C#P'ED58'F'3""LBK(RP6815$3:/L#K"F@A;1-@RPE81MHZP
M381M(VP78?L(.X0LG##<3S'.QH])K=#2/!(_+0L6MKBCZE2#@</FE%'X`*/P
M:5FPA">_3(A22'5RL(:EK8.ZZEX)>HS@7WM';N>"=OD8[*I$3JM*T0]+3ZH^
M,*I^RVSU85>E<EA]MYR3D>Y7GY=Y_HVZU[(7-U4L1Z5Z`YKM*2.7@)%++0M<
MBFRJ5`P]<HLS]:A-6Y[94_5X,1=XVK(@]"@(S!YA3!]P;<-6LZO4>:Q+-X]N
MBT"ZYKTIY#WHDO<M>W%/I7+HOENM6??#15B/%W2!Q[+PHW^UVI']A"AK1Y++
M<6737.0RRZDNN2RZM/#J"HYLJ41.ME0WITX]]7IN"?=""_`J+V@!9N$2)=8"
M+*A>4`M$E7%')7*J2RT@NMUPH0F'&:_,W@TO=.UOIEJWAGO!6U[F!=[*<I#6
M1UVSTXK83'T4XBRH-29OX\K8WZ!+WHJN[RTS68>>6'3WW%KN!5=YJ1BXRBSL
MV%[?3)/D*@L&KD:5<7^!NN2JZ/JN,I..U38+N]6E9%[P]2AB[C#"C*\#7=GS
M7DH$?5^%&67<7XB@*J>46Z,*NW6NYZRP%YUUJ[CS'>MN.N;,$<W'7"2UJ<8P
M)5^Z^!%G65#K.SFA;'633DYUR5<IV/>5F?AZ?2HIX&XJ+SG+2Q4_BH]JL(^(
MY`1$4"M,SK+!EWN6!569O!5EWUMF[*UW!-:$L5NAO-"SO+`)G&5FZPLI@3X+
M:GW)V:ARI&=!EWP57=]79M*S>B<WOKJERPN^\HHG\)69\153`O0MDN,0"'R-
M*T>&+"B3LZ+L.\M,G-7GZ,99MU)YP5E>X`3.RJ+'#%FX[="Y%W0VJHQY`-0E
M7T77]Y49^^HMT8RO;HGR@J^\B@E\E97-B[ZR8-"Q4>5($(,N^2JZOJ_,V-=3
M)QMZ+JL#OA)[CCP0;X7M'4A6,\9KN-L>2R+EP.NX<B2<65"5R>V6!:D>*40>
MC)\<NVX%8KK8SW?8_6J?5RQ!?\O*)O`<,SVBJW6G.8MUE=&=!QCYR.RE3$\G
MU_Y$H3>$A/R'IT\/#\^3^^?[7W[Z^O#]SX?QPY<O3V\^/O[SC>ZE=.[:PV^^
M/_SQ\]L[VAG?'K?]M.GH5/C:L'_KOOD9NS*@*T>_0&=(5X[O?8$KEW3E,FKM
MBJY<Q:Y<D35Z25RD!KUKJO;Q76ZVG-X-73FN6.#*B*X</_-EKPRH!H-H#094
M3OO[`-"A<N@#[+&Z'9LT>H5:E/(.,1UJT7;8V')ZU`:T-8[I4(O2KC%VA?RA
MS57D"JE$-4@A*D_N1UN9G(_Z3DT<;>'>!=7H(E(C6E+W;X_9&*PM71NX:[%(
MHVM#=RW6,G3MTEV+>?IK[_;7>`]0!2/UNZ,NB\I3A\7J]>OP]E<WI-&;.S<T
M(IS.U]ZZT[.H04=0Z4JL/=,17:&#`1$=>MY.OM/)@.BUGKL6\Y/2ZJX?Z`DP
MZMV-J+OII$7DRDWO=DP_7HI=Z=.5J+6;P:W[$0CJT$\XZ$J\C:ZH)6(12B>M
MZ4H\1BG8*>F$Y=![D6Y+>@<17J'W%]VZMQ/AE;MK\I3>;8-7Z.T\9"UVA=Z8
M0]9B5^ZNJ77H)2YH[>Z2RJ'O*$6N7%W<CNEUS+$KI$,O"(Y=Z=^Z]]KB%7HK
M+5V)]<+=U0U9B_4VO6/MUKT:#:W1J]#(6NS*W17U`KW:$77NKMRD$^M3^NS?
MK?NF'^K0U^KH2BSNZ:-RM^Z3<:A#'W^[=9]VPRMWE]2B]&$PO$(?6+MUGT_#
M*_31LUOW23.\0A\BNW6?&<,KDS[-?K1QQBMIOW>[I:TG7IGT:<Q%YY&T/R*=
MJ#_#Z]MQ^WS%W$7H,Y34.K%10E^+I-:)7;D;T&1.:4NLV]V0_*'W:\6NT+V/
MOAI/5SYT57CZY:>_[_]\J.Z___GYV].;+P]_T&KDXKU[\\;WSW]^ZO[C^?%O
M6CN^??/;X_/SX]?CGY\>[G]_^.ZD2?B/Q\=G^0]7P+^/W_\ZKGA^^3\!````
M__\#`%!+`P04``8`"````"$`K=/%J9)D```L+P(`&0```'AL+W=O<FMS:&5E
M=',O<VAE970Q-RYX;6R4G=N2VSBRM>__B/\='+XONZ0Z3W3/#EH'DB)%B3I4
ME7WG<;NG'=-N=]B>Z=EOOQ,B%A+(A5+)-^WJ3XE%D+D`@DE2^NE__OOY]Q?_
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MTQ&.E?L#;2]>W5Y=75[?/K/9$0Z7^P/'Z_S5Z/+\V:WB&(D)T')T:H_EN`Y[
MJP=X=-IQ&N$(NS]\AZ]..L*C<(CE#QRF4SM\AP[+'VA[6H?',M(.^^K^^*$.
MRVCV+7_<$V-XPOWAMWHQ.LU/8WC"_?%C/88GQO('#M.)3G0F'XZ3^NGD'L-/
M8_73::88PT[N#]_CFY/L-(:=W!\_>H1AI[':Z;3^7L!-[@^_5=$X,CM<P$7N
MCQ_LYP5<Y/[P;4_L)SQTH1X:G9\V)UW`1>Z/'^TQ7'2A+CJQQ_#0A7KHF2,+
M[URH=TYU[`7<X_[XL2,+[URH=TX]LI=PC_OC!X_L)7SD_OBA'E_"1>X/W_+4
M,\4E?.3^^-$>PT>7ZJ/3O'`)%[D_T./C\]CK815T6#U-WW]___>?OG[YZX4L
M2N5H??OSO5OBCO[FY/RZR0_9L)*2)=T'%UZX^)]?BBMDB?1-Z'_^+HN`GU[_
M1Y9F'WS,&XX9I1$31+CEF9.=6C"S8&Y!:4%E06W!PH+&@M:"I06=!2L+UA;T
M%FPLV%JPLV!OP;T%#Q8\6O#6@G<6%"&]2$P1DAD():^@[!64OH+R5U`""\I@
M02DL*(<%);&@+!:4QH+R6%`B"\ID0:DL*)=%G,S7,LK"4)/IY8>&FHMW0PU'
M_@U`-/;,N$($FDPMF%DPMZ"TH+*@MF!A06-!:\'2@LZ"E05K"WH+-A9L+=A9
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MMT3>$2D*1F\8<5H+SFO!B2TXLP6GMN#<%IS<@K-;<'H+SF_!"2XXPP6GN.`<
M%YSD@K-<)&E.!J",GMP`=/@P`#%LW@SD4B[^H]%F+M4F(0C-ID1F1.9$2B(5
MD9K(@DA#I"6R)-(161%9$^F);(ALB>R([(G<$WD@\DCD+9%W1(J"D28:.2PX
MK07GM>#$%IS9@E-;<&X+3F[!V2TXO07GM^`$%YSA@E-<<(X+3G+!62Z2-">C
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M1*J!R'TX9*3VY#*0!9%F(+<RSL-2ZNK&9+L-09!>DE`78HX(K4(0A-8DU'NB
M^[&AF"V1W4"2_;B[-#61?0B2S2<)E1LZN80ZG";4DRBA1*9$9D3F1$HBU4!N
MW0R!&Q)WE[?I>;<.03BB"R^DQ=4FQ*C0[<4X%6I#$(26)-2%F"-"JQ`$H34)
M]2%&A>XNS))B$X(@M"6A78B)A"[OTEW;AR`12M(^DIMQ<=Z?FY4/\:DA/'*W
M]4*6QE=F5R8:A7V9,IHQFC,J/9+'1J!5>>3N2X9.W%V=IX>AUB@T7$`K,HM&
MJ=;MQ46JU6H4M):LU6E4I'5K[IBM-`I::];J-4JUY-F>M%\;C8+6%EIZO'8:
M%6E=F7[M-4JT4M^XNTO1K46<`*3::B<,H&LIYD6Y,:-O$H6AX],,FV78/,-*
M,-WIRB-Y0`1;J!DMT#!VQ+!74<.6&RZY8<=1*T9K;MASU(;1%@UU'W<<M4]0
MFD57=<]E<:C&2\4/!^J-J_ZY,\%5G,6;6S/")E$8FDXS;)9A\PPKP70/*T8U
MHP6CAE'+:,FH8[1BM&;4,]HPVC+:,=HG*,VBJY+GLNBKYW$6/=+#.9%9-)=8
M,Q5,HS`D=I9A\PPKP72K%=!5>M8PDUD=PBX/Z_#K"].M!0)4N@$Z+MV&L$'Z
MPIPRE_A<E3N@X\JK$#8HGYDSQQJ?JW(/=%QY$\+\X;@VQVN+`)7>`1V7WH<P
M*>^&67I\I8NMU'*N")RSW%`<%J_")&]&'FF7)D!F+C%GA&D4!K59ALTSK`33
MK5:,:J"KJX.]1M?VAL4"$:K3,&J!KH:\W)FKAR4^5Y6.T0K(JYSIL3_<O5SC
M<U7I&6V`L$\W%V:.WB)"=7:,]D#2FU,,X4J7.4,,)<W$$![IYB?N,=[,R<4,
MG&D4IH;0IF#S3%P)IENM&-5`/@7C6].%!0)4IF'4`GD9,TJ7^%A%.D8KH"<3
MX%U!A[-'2]7?`&''[L@4)+-#&Y79`SW9IW26<+6SG"F&FEIB"H]T6Y.11V:6
M,&-K&H7!`+,,FV=8":9;K1C50!A1=[>F#PM$J$[#J`7R.;!SS1*?JTK':`7D
M5<[NS+2Y1H#*](PV0&&G[,7G%A&JLV.T!T)W;O7"+_6"JR7!"V,M\[E'Z4V%
M`4@W/`$R7C`WO*91F'K!;T":@LTS<268AE6,:D8+1@VCEM&24<=HQ6C-J&>T
M8;1EM&.T3U":1%<^RB5Q*"LE`]HC/9P3]Q*$2[6B*9#)JWKH,,?-HC#-H5>+
M\EHB3K=0,:J!8/W1R&QO@0C5:1BU0-[Z(YKF:7\[-%'A%1`&D%%9XW-MTC/:
M`(5]&IM]VB)"=7:,]D#2FU/.^JZNE//#4&]*_."1;GXR(C0%,GXPQV06A:D?
MO%KB!]I"A:;:CQK(9^"*9G=2:=!$55H@KV(6#DM\K"TZ1BL@F,%T98W/5:5G
MM`'"#IF^;/&YJNP8[8&X+\F<X%XMRGG@P--*(9!N=\)H"F0\8%;#LR@L>"##
M2C#=:,6H!O([.S)7@PM\KBH-HQ8(*FEI;HF/5:1CM`(2D?P0'-9]"%.QGM$&
MR/=H;)=]^%Q5=HSV0$]V*75$7!N,3O7RISW5`^GF)T`F_28ATR@,Z9]EV#S#
M2C#=:L6H9K1@U#!J&2T9=8Q6C-:,>D8;1EM&.T;[!*5)C$N#$H8"[YA+@T!Z
M.">,ID!)7B_/S>IU%H4AK_,,*\%THQ6C&@@#<F2FP@4"5*9AU`(]Z?_#D%PB
M3,4Z1BL@WZ>SL:EIK1&@,CVC#9"7L9<!\D*V76WM&.V!GMRSU!1QI=%Y9WBA
MZ,E[^&.N0`+ISDT838$2L]S8B]99%*9FT7HF6(DXW6@%%-\M!KNZ/I2#QE1M
M1(#J-$"13@OF=8SGEOA853J@2&4%YE7.1F:HK!&@.CU0I+,!PUZ-C<X6`:JS
M`XIT]F"BDS\OI59Q9;_,TE#NH=!)P"/=_@11BJ:,9D#&)68\S:,P=01ML_)A
MT2[7H>7P&,CU^8VYXEP@0CO:L$Z+J*O;P5CG9C&S1(#*="RS0I27.1O9V_MK
M1*A.SSH;1%WYW1K1M3\B5&?'.GM$H3_1^$R]X&I+.2_XFE-4+1Y[9%)J+#N)
MPI#2:8;-,FR>8268[F_%J`;R4^ZE'4D+!*A,PZ@%>G+.]6<3JLAU:*GZ*Z#C
M8FN$:<N>T0;HJ1W<(D!E=HSV0$_V*76'J_-%[GCVI.+K@K%KLJ7".S/Q3F1H
M'^8>,9>ZAMDL$S?/L!),Y2H@^1>;J,'\4;7S^`*?JTP#%,FT8)"Q%Q=^1U2E
M0XM(907V9&[\U06I]6@9J6W`T"=SQ+?X7#NU`XID]F!/=BHUC"DE/FL8+C&Z
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MV/`4ROCFRAAQ@0C5;H".:[<A;'@RY<8H+_&Y*G=`QY57(<P_Y32VI;PU(E2[
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M,EJ#`J7OH](;%U$8\C7-L%F&S3.LS+`JP^H,6V18DV%MABTSK,NP58:M,ZS/
ML$V&;3-LEV'[E*5)-87/9\\>7!"]H"K@A-&4T8S1G%')J`*2QX`.[SZ.KNVS
MT744`FLM,JS)L#;#EAG69=@JP]89UF?8)L.V&;;+L'W*TA2[0EENW/H"6CQN
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M6`FF>U@QJADM&#6,6D9+1AVC%:,UHY[1AM&6T8[1/D%I%DV=$2=T]PW39JX&
MTL,Y`3*)-3>@IE$8$CO+L'F&E6"ZU0KH>(6K#F%#9>YJK+6$PUVH!0)4N@$Z
M+MV&L$':/CB_Q.>JW`$=5UZ%,%].-/6(-3Y7Y1[HN/(FA/G#<6$J;UL$J/0.
MZ+CT/H2=5$MT7T&>G3A\[2B:_@^A,I=HER9`QG+FC#"-PM1R?@/2%&R>B2O!
M-*QB5`/A58-;>DP.$:K3,&J!_+,#]F&:)3Y7E8[1"LBKG-V8>_AK!*A,SV@#
MA)VB27J+"-79,=H#G?8D@ZO!91TQ5-KB]R<.H<81/LHXPAR`*5I&V9]EV#S#
M2C#=Z8I1#>1S,++W518(4)F&40OD9<PP7>)C%>D8K8">3,#P?`O"5*QGM`$*
M.V9FI2T"5&;':`_T9)_2,],3E4#W2P+VS.21;GZ"*&,*\R+)-`K#E##+L'F&
ME6"ZU8I1#801=7UKIJH%(E2G8=0"^1R,S9XL\;FJ=(Q60%[E[,*<$]<(4)F>
MT08H[-2UT=DB0G5VC/9`)SK"E!'#6H7+A>[[=YU)=/,3(.,(,[RF49@ZPJM%
M4\<\$U>"Z58K1C6C!:.&4<MHR:ACM&*T9M0SVC#:,MHQVGLD3RG(04R']1.%
MPDLN%`+IX9PPF@*9O)KW_F91&/(ZS[`23#=:,:J!,`!&]BLH%HA0G891"^3'
MX\B\E[3$YZK2,5H!A5%M%N!K!*A,SV@#%';JTAS$+2)49\=H#W3BJ'ZBI.AN
MZ]AYWB/=_`11BJ9`QA#F]NXL"E-#^`U$`[U$G&ZA8E0#^13<F#/D`I^K2L.H
M!8(=S!IFB<]5I6.T`H(=S!2WQN>JTC/:`'F56W/\MOA<57:,]D!>1<]:Z:3@
MJF:9BM#E4$U+%H`>Z68GB%(T!3(>,&>I612F'O`;2#Q`&ZW05#=:`_E]O="=
M]=>;I-*@B:JT0%[%#.4E/M86':,5D!<Y,RIK?*XJ/:,-T!,[M,7GJK)CM`<2
M%:T7/OFDR:4KE^6LX$M\\=6A1[KYR:&UG/=-WLUHG$9AR/LLP^895H+I5BM&
M-:,%HX91RVC)J&.T8K1FU#/:,-HRVC':>Y0YR;MZ02Z)!R[IB9((I(=SPF@*
ME.25WYJ,PI#7>8:58+K1BE$-Y.T_/C<3Z0(!*M,P:H$PBM+'C);X6$4Z1BL@
M+W)FGU9:(T!E>D8;("\SLE7[+0)49L=H#X3>C'2J2^;U*U-=?.[&_R'>^,,7
M(K5#$T0IF@(E_N`7):,P]8??0#S?(TZW4`'%-Y'!_"N%(WN.7"!`=1J@2*<%
MPZN)UB%T"#JTB%168%[E;&3LND:`]J8'BG0V8-@K^R7`6P2HS@XHTMF#B<X)
M\_[5$U7!`S>6\'4\W?X$48JFC&9`QB7FY#B/PN"2$DPW4'D4[7*-*/]&X=7M
MG5DU+1"A.@WKM(CR;Q3>F77X$I^K2L<J*T3AO<3QV)P'UXA0G9YU-HC"7MU<
MZW`_K&RVB%"='>OL$87^1%<[Z:SQ1#G0I<U<$0"9C)H2RR0*0T:G&3;+L'F&
ME6"ZOQ6C&LC/DO+CV^G`7B!`91I&+9#(Y,?1(0=+A*E8QV@%=%QLC3`5ZQEM
M@)[:P2T"5&;':`_T9)]2=[AB7V:!Z%I;=WCD-A">\;RSI\X)6DJ8ND.;@LTR
M<?,,*\%4KF)4`\F_[OFR:#`,5POX7%4:1BT05%*'+?&QBG2,5D#NWW"<XA7Z
MH4=KA*E8SV@#)/\>]LN8?HO/567':`_D_LUV*?7$$Y5!J620)[26I\(W],X+
M6B:>T*;J"6;S3-L23/>Z8E0S6C!J&+6,EHPZ1BM&:T8]HPVC+:,=H[U'N:L&
M4QI\=K7()4.WUC!U7Z!D$KBQWQ,RC<(TN5XM,L$\$U>"Q<E%W_01O1IA\N]A
M9-BO&U@@0'4:H&B5T8*Y?[-CPY\0Z%AT:!FIK<".JZT1IGWK@2*U#9C\F]W'
M+0)49P<4Z>S!W+_9?4S'OZDA/NL<KBW*XN;@G,0F_"IT%`:;3#-LEF'S#"O!
M]'!40,^\GA+"_*O0M_:6T`(1JMT`'==N0]CP$HE=Q2[QN2IW0,>55R$,KZ?P
MFM0G0K7[T$@6_I$9S-IZ$\+\$;FV@WR+"-7>`1WO]SZ$^7Y'I^O4B:[&%ZU.
MR(GFQ119"],9BLJ$$T1IOZ>,9HSFC$I&E4?Q6RB,%MRPX:B6T9(;=ARU8K3F
MACU';1AMN>&.H_8>R8.*,I33+#Y1A'2OR]LUID?/O`F-EO&;T!DVR[!YAI5@
MZH@*2)\]K!DM&#6,6D9+1AVC%:,UHY[1AM$62/=Q!Z3[N/<HLYZ0;T1(QB+N
M%Q]X6E(`2F9_7A5&86'VS[!9ALTSK`33/:P8U8P6C!I&+:,EHX[1BM&:4<]H
MPVC+:,=H[U$NBS]80Y3OJK!C%$@/\P0H3;A]8F<:A2'ALPR;9U@)IENM@%S]
M].D361W"_'N_M^?F(FJ!"-5N@(YKMR%LN#RS#ZTM\;DJ=T#'E5<A;%`^&]EZ
MQQH1JMT#'=?>A#"\"4V%:T2H]@[HN/8^A)UTJ>G6"4=/\.:EAT.\F6Q\_3+Q
M'K\)C982!N]-,VR68?,,*\%4K@)R_Q[SH^^P#%*WJ!]G_.@C5+LY3;L-8</"
MBOU(REUH<K37JQ"&)1O[D;3[T.BH]B:$X4UH]B-I[T*CH]K[$"836904O7>=
M+%7<STD=]:-9<![BC1^'NJI[/"]LC]^$]@TE2MT8&@+-.&K.J$0G5*OR*%Z#
M,EIPPX:C6D9+;MAQU(K1FAOV'+5AM.6&.X[:)RA-K*M`1E<28?7BN$F@1^YA
MBY#!.WH3VBU174L)0[ZF&3;+L'F&E1E695B=88L,:S*LS;!EAG49MLJP=8;U
M&;;)L&V&[3)LG[(TJ:Y<B*3*0W(AJ;Z,&-T8OQZ0R:G.`H<BST2C-*6A(=",
MH^:,2D85HYK1@E'#J&6T9-0Q6C%:,^H9;1AM&>T8[1G=,WI@],CH+:-WC.17
MF"EKQ9L,RR2\F&;B,BF7GV+F;622+C_&S'&9M,O/,7-<)O'R@\P<ETF]_"0S
MQV62+S_*S'&9],O/,G-<:H!T;+IZ:30VJ71C5W:^OAJ/62JY3JX)33TZ_.)S
M^#W7*W-O=J91&,9S1B6CBE'M4?0X]$*CHE/&M7G^M-$H=*)EM&34)2@]S*Z^
M]R.'V=<#X\-,)<+)-:&I1U%5><9HSJAD5#&J/4J.Z=")F_CJ[G)DINS&-Y0H
M/::A(="2H[H$I<<TKCK&IQ6N+LH"Z[`(T*77A-'4HYMXI7IW;:Y"9QJ%;L]9
MJV14,:J!M+*S\.@F7@=3)QJ-0B=:CZ+,+QEU"4H/9US^<X^R/_/][M=<%O3(
MW>P**S+^-6`TU&1,/3*3@QF7,XW"3L^AI0>PU"CMQ(W]?K)*HZ!5L]9"HU2+
M?EFXT2AHM:RUU"C5HGYU&B5:27[<`(NG$*RB#CQ=&@.YAY%"(NZN[0,B"(L2
M`>1.(J$E?4O8#&%23';7QK?GYEF=.0)4N@0Z+ETA["GI&@$JO0`Z+MT@S)7`
MHYTS4U6+,-W`$NCX!CJ$/;F!-*&N9A>=$T)"'3<)]2@IZMQ=FR?E)V[2<"VU
MYU-&,R`9IL/=REMS!.:(4)V2404$G4O[Y=8U(E1GP:@!>O*IA\.BOT68BBT9
M=4!/BJ4I</6*7`I\'2,Z_;JS@CNV)@7FH;`)PK274T8S(.GE8?S8;V";(T!E
M2D85D)>YBYY(/1RS&@$JLV#4`#UYS'P"_!%0L25:*NJ`GA1+$Q`7<J)S^,U0
M9(F?F08R"3#/>TX0IEV:,IH!!>_:E>@<$:I3,JJ`@LZ=62[4B%"=!:,&R.OP
MURZVB%"=):,."#KQEQ6F!SXNM)QPMK_A`@R028@Y%4P0IAV?`D5KE1F8K*$/
ML]+5A9G=YHA0H1(H$JK`@I#]W9\:$2JT`(J$&K`GG\;PP\(?&55;HF6DUH$]
MJ9:FQUW$11/3<XLQMW*RYPR/DO3<6'].T%*[/P5R-=GH/&F>/)B%,/_D`?U`
MRAP1JET"N67]T]I5"//:]"LE-2)4>P%T7+L)8;Z,35^YVR)"M9=`Q[6[$(82
M>?3EM6F"G[ON-A7L&[[N]LB]>!B.Y)U])7.B45B<3AG-&,T9E8PJ1C6C!:.&
M4<MHR:ACM&*T9M0SVC#:,MHQVC.Z9_3`Z)'16T;O&!5%AKW)L$S"BTS&BTS*
MBTS.BTS2BTS6BTS:BTS>BTSBBTSFBTSJBTSNBTSRBTSVBTSZBTS^B]0`Z9AU
M!8MH4@X+]J&0D2Q6!I36L>WW!4QN0I2.34(SCIHS*AE5C&I&"T8-HY;1DE''
M:,5HS:AGM&&T9;1CM&=TS^B!T2.CMXS>,9*Q25DKWF18)N$R-KEM)N4R-CDN
MDW09FQR72;N,38[+)%[&)L=E4B]CD^,RR9>QR7&9],O8Y+C4`.G8?*(8>,/%
M0(_,V#25Z(E&Z=@<M*([B3..FC,J&56,:D8+1@VCEM&24<=HQ6C-J&>T8;1E
MM&.T9W3/Z('1(Z.WC-XQDK%)69.QR2R3<!F;')=)N8Q-CLLD7<8FQV72+F.3
MXS*)E[')<9G4R]CDN$SR96QR7";],C8Y+C5`.C9-93F<-[F"?#.@=$U[8PK!
M$XW2L1D:`LTX:LZH9%0QJADM&#6,6D9+1AVC%:,UHY[1AM&6T8[1GM$]HP=&
MCXS>,GK'2,8F94W&)K-,PF5L<EPFY3(V.2Z3=!F;')=)NXQ-CLLD7L8FQV52
M+V.3XS+)E[')<9GTR]CDN-0`R=B\?>*NPH&G16B/TO.F_=VUB49A($X9S1C-
M&96,*D8UHP6CAE'+:,FH8[1BM&;4,]HPVC+:,=HSNF?TP.B1T5M&[Q@518:]
MR;!,PHM,QHM,RHM,SHM,THM,UHM,VHM,WHM,XHM,YHM,ZHM,[HM,\HM,]HM,
M^HM,_HO4`.G8C&\0N=_;?>:.["W?.`+22M:$T931C-&<4<FH`L(O2(S/S\T]
MDCH*P1RQR+`FP]H,6V98EV&K#%MG6)]AFPS;9M@NP_89=I]A#QGVF++4'NY^
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MC5(MZM>C1HE6ZL'XQJEX,$QN?(/4_62.W#-UW]JM::9?V=`H='O*:,9HSJCT
M*/':T(EH&-8^*D(+-(R-10U;;KCDAAU'K1BMN6'/41M&6VZXXZ@]HWMN^,!1
MCPE*,Q_?48TSSW=.W=G%95Y.92'S]*7O$XW2S(>&0#..FC,J/4HR[_NE)]*:
MHQ:,&D8MHR6CCM&*T9I1SVC#:,MHQVC/Z)[1`Z/'!*69=W<*HH5P&//#'83X
MOMRM1WK0)QX9,YC'>*8:I9GW-RA4:\Y1)6^Q\LC]SGRP'SUC6?LH^;7DP_,P
M]NLH%BS<G"3<JG"\>?,,X)+ENY/D5RI_Z/>->4!KS<+]2<*;5/C,+->WK+L[
M27>?ZE[8BY%[%GXX2?@Q%8XZG+K7U=)S[AUJ[(E[/5+'36Y])3Z=RLSUU%2C
MU+VA(="<HTJ/DGF+.E'[*&]5^S[%@D4:1FTJ8K^\=\DM.D:K5(0&U9J;](PV
MJ<J9>?!IRRUVC/:IR,7(J-QSDP=&CZG*F8[2U$.NYIOST%`+3CSD4>RA`9D9
MT(ROZ6V(@F%FC.:,2H\2#U$G:A_E/30VU\$+%FD8M2IR=&JCK7>LM3I):\T-
M>T:;D[2VW'#':*]:;GZU!^J>6SPP>E21_(%*W'47WR.(5E8'GMXC`(K<Y9%Q
MEZD)3C4JN(O1G%'I4>PN1K5'WEV7]DF<!3=I&+6I"DU1W*)CM$I%QO8=^C4W
MZ1EM4I4S^UCGEIOL&.U3E9N1>0CBGIL\,'I,5<ZB+Z!*;63*V5BFW7'9&BBV
MT1!E;&06%U/?4*+41J$AT)RC2MYBQ:AFM&#4,&H9+1EUC%:,UHQZ1AM&6T8[
M1GM&]XP>&#TF*,V\J]UF3D]WOOP<%8"`-($31E./C!G,D^<SC=+,^RJRRI<L
M7S&J/<)JW&QJP2T:1JV*Y&?=PP/E2V[8,5JIECL-7-AOX5YSDY[1)E6AE0ZW
MV#':IR*7YV;E<,]-'A@]IBI15U(KN?)SSDJ^+!U;R2/-]>2.T-0C8R6S6)MI
ME%IIT(JFFI+E*T:U1["27>EPBX91JR)'K43[V['62K6&*\WTZW37W*)GM$E%
MSLSY?<LM=HSVJ8C]EL1[;O'`Z#$5B7J2&LG5D'-&XJ+TG4>QD0A-?90QDB[8
M#X-[IE%JI$$K,1+)5]R)VB,L:M*T+;A!PZA5C:,^HOYTK+52+><C,T6NN4'/
M:*,:1_JSY88[1GO5.OC:#+1[;O'`Z%%%\AU*3>6*LCE3#<7:^#KLSJ/85`,R
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M0.?^Y>6Q+<NM$:$Z/:,-$'HSLGNU183J[!CM@7Q_QN?7YNC<(T)U'A@]`FE_
M],(H-90KJ4:&>G;2\B78V&@#,GXQUY*3NQ`%OTP9S1C-&94>):5#WR\]++6/
M\J=%LZI=L$;#J%6-HW,6;;QCK=5)6FMNV#/:G*2UY88[1GO5RJS^[[G!`Z-'
MU<@?I\1SHW-3EW[.=$.#M&`-EMB.?P$A"@N^R[!9ALTSK`2+O:=,*I9';@PC
M[F*8;&YM!7F!@$B\4794O$6<%Z?Y$)]'VIVRH]HKQ,E3Y(<+,IXE$1&I]\J.
MJF\0AY[SW(F(2'VG[*CZ'G&^[^-S^^+#/2(B]0=E1]4?$:=]?V*>'9V+T-&)
MUGQOP-#`>MZ)"--9;A+BE$TS3`Q.;<7@Q,3@Q"HP^0XR#*(ZP\2_U%;\.["H
MK7B5V!(LVC?Q)\6)%XFMP:*VXCZ*$Z<1VX)%;<5;%"<^(B;.&5C45IQ#<>*2
MF)FY\(D2^^B<:^Q@[H?HPSQS=V56OV()7RR_#.D22Q`32Q`32Q`32PPLVDVQ
MA&>))8B))8B))8B))8B))8B))8B))8B))8B))8B))8B))8B))8B))8B))8B)
M)8B))6)F+.&*O]&:#(O\T;FO"D>++[#D-,@_!1&%802+):@0+I8@)I8@)I;P
M7=%91RQ!3&8)8F()8F()8F()8F()8F()8F()8F()8F()8F()8F()8F()8F()
M8F()8F()8F*)F!E+N#IN9(GG5TR^\)M8A8K!,E4,++4/_;!$%`;[B%5"4S"Q
M"C&Q"FU6K.*9^U;+,)/14S]BGR%."@]QF*G-BZ-H$^*HDS8A+CME$V(\VH08
M[Z1-B!G#)MSRZ>+&7!N),TE<G'F2N+@U$3\;VV_,%.^2NGCW)'7Q<Z).71=S
MD[B8^R1Q,7PBGG3=V-^4YY^W/]?M1^>9*CW_CD44!EO+3!F:@HG]B8G]B8G]
M!Y:>/,%D77#4_D.<K"[C,+8_Y,+Y7NP/=G038O]3-B'VAUS8A-@?[.@FQ/YA
M$T_9'T)!7.P/=E1<[)^()QXZU*S%_E`*ZF)_L*/J8O]$/6=_"`5QL3_847&Q
M?R*>=-W8WY7=:?:_?B7MO__VZ<.__*7#\#_F>[]'4DJRWS`7F)Z]Y4Q`M7WQ
M/3'Q/3'Q/3'Q/3&9]CW#.Z:CZPM32Y8I7V,PV&2"9R@69RA^9BCN92CV92A>
M92C3,T,Q*$-Q(T,Q($-Q($.Q&T.981F*QQB*H1)H/.3JZN2AJU?NB^\.)B+?
M^$)\LH*@XKSXAICXAICXAICXAICXAICX9F#/O'P:A47."4W!Q#C$Q#?$Q#8#
MBU[H$=>$.)V2[^P977P4PK!9L1$Q<1$Q,1$Q\=#`HJZ(A4*<=H5?1(W"T!7Q
M5&@*)I8B)HZ*F3&4NYD0&4JO4OQ=AL0X=.=!C$-,C$-,C$-,C$-,C$-,C#,P
M]PI*.,_26Y8RYX0P'`Z9<@86'7$Q3HA3.7K14KP4PB`G7AI8]`JH>"G$J1SU
M3KP4PB`G7AI8U#OQ4HA3.>J=V"N$04[L-;"H=V*O$*=RU#N9LT(8Y,1>`XMZ
M)_8*<2I'O1/'A3"1,XYS9?;(<<^O`GU=/G'BP)YY475T'L*P5V).8F).8F).
M8F+.@:6KP($]\[HJFDH8NB+F]'):?1%S9N3H#4PQ9PB#G)B3Y,2<(4[S12^'
MBCE#&.3$G"0GY@QQ*D>]$W.&,,B).4E.S!GB5(YZ)^8,89`3<Y*<F#/$J1SU
M3LP9PD0N-:?<:4O,&:;#PP>FCNO9,V^PCC0,O9]FV"S#YAE6@B4F]-N(AFJ-
MN(@MP*(9H@&+XMH,6X)%;3NPJ.TJP]9@4=L>+&J[R;`M6-1V!Q:UW6?8/5C4
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MS'S45#Q'3#P7Y`XU9/,TEQB.VHCAB(GA@D[^H!G;N0IMUG9#Z58F2.3ZS6CD
MF>9?;#<P8SMSPUYL%\(@)[8C)K8C)K8;6&H[8F*[@7G;W=C?CA+?42/Q'3'Q
M72)T=F'6J.(X:B2.(R:.2X3LP]EB-6HC5B,F5DMT,O,:M1&/$1./)3JWF5,I
M-1*3$1.3)4)G%WJ^-_9R]=JLO7PA-[&79XF]!F;L91X9%7N%L,A>Q,1>Q,1>
M`TOM14SL14P<14P<14P<14Q,1$Q,1$Q,1$R,0TR,0TR,0TPF)&)B%F)B%F(R
M"1$3?Q`3?\3,6,(57+.6&"JQZ8SC66()8I+_@1F;F#E49IP0!IN()8B))6@3
M<J(C)I88&&8<^V2\^(,:B3^(B3\2H;.Q.6V+6:B1F(68F"41&M%[`PB(W"[.
M(2%Q3B*4F7*HC;B(F+@HT;F]TJ<'#VLRL10U$DL1$TLE0F<7>A%C_.7*JUE_
M#777U%^>)?XB)OX:F/&7V1?Q5PB+_$5,_$6;$'\1$W_]'V5GUAS'D63KOR+K
M=W:S"BB`H,VT&1:"($&"XB92>NO;E[W8=(_&)(W=OW\_K]C]'!2@%T@\X>$9
MZ>=X9&R95;"JK_R=%N0E=9"78,BK^_%C@CT5B$RJ(C+!$%EWMY^1I?D#O9/4
M06."H;'%SY/4J]-321TT)A@:6_SD#5<D)G60F&!(;/$SM2<I+-9(K<+JNNOR
M4*O8HC#!4%C!DL+&<W5/$0KK9I/"!$-A<@D4)A@**UA3V$BJ_?50F-1!88*A
ML,6/?'^DE4_=#M(2/TBK^SF@5!0F55&88"CL,>X0FE1%:((AM.ZN3)W7B3-"
MDSH(33"$MOB9HK4*;7O?BON^("VO-FP66L62J-+T^FHSS)JH7ACLVF`O&S81
M>V.P5P9[;;!;@[TQV%N#W1GLG<&^-]A[@WTPV$>#?3+89X/]8+`O!ONZ8DD2
ML?+J^IYM79*=^YZ&+9*8EV[W20[_!5MDHB_T3F9-)DBB5VT8DI!+(`G!D$3!
M:M^3!FNH0ZJ@#L%01W=SH,M`,%(5P0B&8+J[?8YOTU06]4@EU",8ZED</<DC
M'Z0DE9"28$AI<;3)TU%T)970E6#H:G$TMRB)+%9%)Y$]N`V]K2NPB_@JMHA/
M,,17L$5\^J[O9-:$AOAZU88A/KD$XJO8]*.GJ*^`]8W?_/8U\A-'R$\=H;_N
MZ+#^Q!_Z4W\(L/L+`6;9H#]QA/[4$0)<'#W9R/BJU1H4(4#UA`(73Z=I5((`
M:Z7A"`&J(Q2X.)J;E!08JZ:3`OLNTK8NL2Y*DV77RTVS&RU":6+'8ZY@27UI
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M+6(T+PYON]DD1L$0HV"(43#$6+!5C`UCZ-'/)YK78&K=]@[K67[&H-'FJ6](
MH-&&'?2.;HM=?X?5=)O-4_>.9!MVT#LR7KR[GK0YZLX1<,,..D?4BW/;N39/
MW3MZ;MA![VB\V-6PT]^F)2UDWCQU[\B\80>](_UBU\)^H`N.Y>)#JL^O#O.`
ME?-%#1N/?/K;>1VZS78$0^*"(7'!D+A@//,+-KW^2W\K&`*6N@A8[!"K8#S5
MI2[R%#ND*!C=I]1%?6*'T@2CKY2Z:$OLT)%@*$?JHARQ0R4SEGK#6/.==#&&
M@76!>.GU"O;0J\-QW"1^86%^=5@Q)"%V2$(P)%&PM=>KV#B\BB0$0Q*"(0G!
MD(1@2$(P)"$8DA`,20B&)`1#$H(A"<&0A&!(0C`D(1B2$`Q)S%B21*S16DG4
M!=U%$@5;'H3FU>%M-YL>A((A"<&0A&!(HF"K)`1#$H(A"<&0A&!(0C`D(1B2
M$`Q)"(8D!$,2@B$)P9"$8$A","0A&)(0#$D(AB1F+$DB5E.;)(YYYCSP8X2;
M;5V27:0BR[0\/0JVRD=?'1YF33Y(I5=M&%(1#*G(97F@5.RA5X>KW4.O#C=W
MX[F(HAYU"516[`Y?`N')72"\1UT",58[SJW$.)OQLJZXB7NT^2CWZ+78U66>
M)YO\L3[4*]Y1[Z.\H^AJ=V_C$;BX1^"/<H_HBYUK_)H"3.Q^7PKL*Z0=A(HM
M<C>O#P^S)NTKUB3+0W5H[(7!K@WVLF%+;]F:=W1PA/FJU7WH]>'NK@]B;UO5
MS>%+O&EVAR_QMIE-=W$WL(-W\:[9]8\/:0;H#;QOM1ZX@0_-KHW"30:H]T^M
MU@/>/S>[>]O^0[.8(O-E8`<C\[79N;:G!,#1P6=`GD$$[?D-A8;MWQC]SS_\
MNN^0SDY3?W2YCTG4Q6Y*@>IP`LD!!4D"!<D"!6\<B.;5\K4#D;A:HF<%4:^"
MR%=!M*K@]PY$GVJ)&!7\Z$`$J):H34$$IB`*4Q`Y*?BC`W]RX/FY12\L:D5R
M3D>I+3BW,CFW.CFW0CFW2CFW4CFW6CFW8CFW:CFW<CFW>CFW@CFWBCFWDCFW
MFCG/HDF]06PS3"/"/F\\:IL2/7&AKV#IQ^/3&BE\=K,IYP6#2\%@4C!X%`P6
M!8-#P6!0,/@3#/8$@SO!8$XP>!,,U@2#,\%@3##X$HP<%XP4%XP,%XP$%XS\
M%HST%HSL%BR26\%9'(WU<R>%R&RM[L00>:V63@Z1U6KI!!$YK99.$I'1:NE$
M$?FLEDX6D<UJZ801N:R621HIDV,;QV9RW=^9YW`Q38FE'58/^EKSV6DZ6`!]
MW:QQ"GN"09Y@<"<8U`D&<X)!G&#P)ABT"09K@D&:8'`F&)0)!F."09A@\"48
M=`E&)@M&)@M&)@M&)@M&)@M&)@M&)@L6F:P@F:R@DT)DLEHZ,40FJZ630V2R
M6CI!1":KI9-$9+):.E%$)JNEDT5DLEHZ840FJV621LKDV`>;,OG!59JCNIFV
M9+ALL,&A8%`H&`P6;/T8P2YM>\-I-VN]`Y0*!J."0:A@\"D8=`H&FP6;IDF0
MV>VF#BW_B"7T=K/69-@5#'(%@UO!H%8PF)VQQ&QL\TS,CM%6W2=:&*S86"F`
MP8+%\:2IWTY;49`J52&U8*<LE$Q5TZD(2*U7&(O^D%JP]<LI^1@$/'>S%EQX
M%G?PW.U&2T[SI^J@OILU=U!?,(X?-PSJ"W;XQJ"^F+')W*I"?;_$:,E9OC'4
MT,U:5=0@[E!#MQONY,802#?#71)([/!,`GDX]>O6T2*<BBW"*5B<*AKL/TNO
M:R&<6G7$%^'4JBQ<3573R16$(U413L'6CB2_W(5PNEF++\(1=PBGV\TM28?J
M$4XW:^X0CKA#.`6+,[WWWQC"D:H(IU]BKII:@G"Z66L)PA%W"*?;'7"'<+J9
M"B?V@2;AC)ZE;A`M`JG8(I""Q2\E3<%(QW(0B%1%(!6K!XCR6])(0RHAC8J=
MS/V1''=`&ZOS_+X\0A'G".51SE%*<IYN%]F(<V0S*HU0R8O\Z$;JHIN*';YK
MA/.H:R`FN09B>M0U4--#UTA=4VPK6875_:9%8?,>U/XT`<^N@L6.Y:2PM&2(
MPJ0J"BL8JZ_F@!'ZDBKHJV*C)T-+BYM\<`8IB1^D)'Z0S>(GO_&.:L0/JNEU
MQMT[T4A51%.Q<2L(Y#'NT(>X0Q_B#BT\X"Y)(39;K!3*+LSRXEAT_K$$O'0V
M!4M22`M)2$&J(H6"52FD'A<I2!6D4+$1/Z2PN$D/,Y0@;E""N$$)A]P@!'&#
M$`Y5H=>0*@B@8N,&$,#B9G>:@@?UX@CJQ1'4+X[FSYJNI,=7TF;2'QR:["ND
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M&(H0#!D(A@P$@W/!Z#<$@V;!X%2P3P;[;+`?#/;%8%\-]J/!?C(8*Y_:P/,+
M!SHIL/)IJCLQL/)I+)T<6/DTEDX0K'P:2R<)5CZ-I1,%*Y_&TLF"E4]CZ83!
MRJ>Q3-)(SX]8*9TRO,]BXZ2-9'+%EK&$8%`E&$P)!E&"P9-@T"08+`D&28+!
MD6!0)!@,"09!@L&/8-`C&.P(!CF"P8U@I*U@I*U@I*U@I*U@I*U@I*U@I*U@
MD;8*DK8*DK85C+=*^L#J+'_J*%)Y&+9^G8,&#AT:F581.6C@;)U..&?03(=H
M(YVU_4XJD<YJZ<02Z:R63BZ1SFKI!!/IK)9),BF=8R5\2N>'AX-1(3^P&\8H
MH?.XW:6Q%GP/NT8CW%9PA!MFFR&/J.[P[%D:],/UL&L.H5I!F%80IA6$Z0J.
M]D#T,)S:<Y8&MW`_[%I[X%Y!N%<0[A6$^PJ.]D#],)S;D^;(J&'8M?:@!@7I
M012D"U&0/J2"HSWT(<-P;D\:R-.O#+O6'CH6!>E9%(RNQ:#T+14=+>)80P/7
MY?2S-`&-OL7X7!386AH#!6-K!1=#A6H[5@2B;QD.YD"E%;;H;X9AO_ZBPXY:
MU7&LR7D8NIMBM>ANM$KF,]$/F58M:NRMLMKCH-/J(?5%L>DR]45C:%%V8]9)
M0L%XWZ9=$\X%@]Y:=]PPY#9_=):C>\F?=H3N8=<N`MOU(F.3"JZ'X7`H7\N'
M_F'7'$)U!4<+(7H8#H?R-7^H'W;-(<P7<'H`POLP'`ZEA4AAV#6'T%[!T4)(
M'X;#H;00&0R[YA`5%'!J(3W0,!P.I85T2L.N.:13JN!H(9W2,!P.I85T2L.N
M.:13*N#40OJD83@<2@NCFQJ&S6/,7"HZVAC=U#`=/J61T4T-P^ZS*WEJ9O12
MPW3XU'9V*<?KY=WG$//:<3F?VLZAYMEGU_/<SD6\A]K9!;VT<TAZ:ORBW^%3
MVSDT/;>SJWINYR+AX5/CV65=VYDZM]@8G#JWAP=:=1-R61EIV#S0.CM+BYBH
M:M@U8E%0!4>\T$\S7`9:1^FT`I(:=LTA\A&'B&<8CECM\FM&](3#KCE$.^(0
MY0S#X5!^.@(Q#;OF$.&(0V0S#(=#:2%*&G;-(:H1AVAF&`Z'TD)D-.R:0R0C
M#ND)A^%P*"VD)QQVS2$]H3BD)QR&PZ&TD)YPV#6'](3BD)YP&`Z'TL+H"8=A
M\Q@]H;B,GG"8#I_2R.@)AV'W.90\U!T]X3`=/K6=0\J,%KO/(>:U)W0^M9U#
MS;//H>>IG8MX#[5S"'KV.20]^5ST.WQJ.X>F9Y]#U9//1<+#I\9SR+KX3#UA
M;&I//>$8YM7=[L$!4BG8*4$?([4SG5EVLT8?.JGNQAV@DH+MV$OM[F37`-T4
MLY-=V<Q.)["0B[A&+(]Q3<?77<\M2%=`/'(%I/.8*R"F?H7]3GQZ.*`A<8V"
M'N,:32VN\X_6(R5QC9`>XQII+:[33!]!B6?ZR<=XIIOLG@]$G(Y3KD#'^9@K
MT&_V*T3$TV2.'E0\TX,^QG-TH-WU@<9'ERK7B"[U41?IF5+EGG\&)%;:U'M/
MDL.Y%$MO_18B.O.W;O>G3F*J7-VO_>RC&M\SA<8?BE#/GFEG+1;K'G61GC,/
M7*3GT7R1GC4/!*IG3Z5ADX=UO%+4`C6ZM%CR>]0]]!2J[I\<C:60U#_'01/;
M/]=3*4O_7+!3VM`[U+.S-'Y$B=ULZI^KNW$S"$TP=%:PW=F^,S[.9]<0F%1"
M4H+1]2Z.GJ1&HJ1:9\@0U8@?1+/X28M<:$6JH`O!D$5W,T(GIPI01:TZ6H4.
MQ!TRZ.XBS=)2(.Q+%3I0P>@MNYL#K:*WE*KTEH+1-79WT:HAN7WJTS5*%;I&
MP:(?['X.-"OZ0:W<U3=G)9U>]Q@M2P^<Z//44]?B[*GK#X$>:EO7)._!MR2(
M%4&]3%=BE7S^UB'O-YI:79=SX[H:JZLGZ>$4NQ#:@*[-V5578DO$XZ3\Z)_4
M5Q?F[*O+L35K,_2:.J,X^C1U1@]/F^OYJ:63*MC229WF.2DRZ6:-'U12W2V=
M5+O$6'M$&04\V98S+/EG?U")>$(1Z@E%=$\'Y(1&:MW1+R`+]8<LNK\0^C9_
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M]OSU)/K3YFER?]W!!]SW).EA'X.:-M.M_M?.M5WT`?^O6T.J_^EWJHK[D353
M\WN*/)!*[!C7=K3FY^,-=,&MI9/_GB4/^>_I<E)_J_$H'Q!A`&DNT%/EH0OT
ME&DWP,M8_7AMZJKC..NA464^IKHKYU^7'>B*Q?2[]U!G9VDE#W&6JIBUAS$Z
M%`SI"8;R!$-D@M$3"T:O*Q@"$@S-"(9D!$,=@J$'P9"#8#`O&%0+!M."0:I@
M](."T><)1C\G&/V<8/1I@M&/"48_)ECT60I>.-!)@>T,4]V)@=T,8^GDP!C.
M6#I!<,[$6#I),&PSEDX4T4MH0)PL.$]B+)TP6.0REDD:*</C</.4X7V385=.
M/:^97+'1K<&58%`E&$P)!E&"P9-@T%2P9_/2Y=E9&JQ"7#=K/0B\"09M@L':
MC*40Q5%!&Z)ZAG">0N_D7"$A$HP0"4:(!"-$@A$BP0A1P980;9X^32?OB%&W
MFV(D&#$2C!C-6(I1''B:8O3@\L.NG9#JO3U]0<46>0E&[`0C=H(1.\&(G6#$
MKF#Q]EA_0!&[-"HA=MUNBIU@Q$XP8C=C*79Q9.1WQ:Z=,9EC5[$E=H(1NXJE
M>QUSM?T0B7A*7>+IZZ91,S&6NL2X8/%^3(_Q67Y]GA!WLRG$!9O.FA!BP0CQ
MC*40QU[T[PIQV[R>0UPPMFJG6\B;#V1[K3J8(.JUZCR[5(41]5IWS/"(^J/J
M$G6I2]0+MD1=ON)`U+O9%'5Q1]0+EA,ES?=@HMOA+S$1FS`3$^-Y$P5YDE^P
MY45^PI9V:@EYK;N$O&++Z^EGTZ)$$[K4)>2N+A<>P^1]96(NE8FYJRPS<H)>
M[>JG!D[2!)%'ESB'@;52GAD0^F*00S:<)SIB(=K245>HEV=;P9;IE]G#BOV[
M8')AHU;E/SW]-:`D@-2%C4?5A0RI"QF"$?B"^3?P";M4(>Q+%1K>YTM[(1#V
M8K"$!K-[PQ[K;C;L94%N'745;)D_X5LG4-VN93$=CV#$6#!B+!CQ%(QX"D8\
M!2.(@A%$P8B;8(R5!6.H+!@C9<$8*`O&.%DPALF"?338)X-]-M@/!OMBL*\&
M^]%@/QDL)E#2:#;R#$B'J)9."[&0HY9.#:R+&TNG![;JC*53!-MSQM)I(M9<
MM)U.%7QZU%@Z7<0BBOITRN`T_F*Y]J`G:36[/]#V!>F!5K&<RFDF<[D9=B.5
M%7MA[*X-]M)@-P9[9;#7!KLUV!N#O378G<'>&>Q[@[TWV`>#?338)X-]-M@/
M!OMBL*\&^]%@/QF,5%8R264#.BFP%F(LG1A8"S&63@ZLA1A+)PC60HREDP1K
M(<;2B8*U$&/I9,%:B+%TPF`MQ%@F::14CO48]U0^*0LURU.Y8G%R=AK1;-+(
M`/[J(L_88X0^P6!/,,@3#.X$@SK!8$XPB!,,W@2#-L%@33!($PS.!(,RP6!,
M,`@3#+X$(Y4%(Y4%(Y4%(Y4%(Y4%(Y4%(Y4%BU16D%16T$DA4EDMG1@BE=72
MR2%262V=("*5U=))(E)9+9TH(I75TLDB4EDMG3`BE=4R22.E<BSGV50NZWQK
M*A<L#N7,J9S6?^"OVTU/9<%@3S#($PSN!(,ZP6!.,(@3#-X$@S;!8$TP2!,,
MS@2#,L%@3#`($PR^!".5!2.5!2.5!2.5!2.5!2.5!2.5!8M45I!45M!)(5)9
M+9T8(I75TLDA4EDMG2`BE=7222)262V=*"*5U=+)(E)9+9TP(I75,DDCI7*L
M.MM4+LO1:RH7+`VP\U%8^.MV4RH+!GN"09Y@<"<8U`D&<X)!G&#P)ABT"09K
M@D&:8'`F&)0)!F."09A@\"48J2P8J2P8J2P8J2P8J2P8J2P8J2Q8I+*"I+*"
M3@J1RFKIQ!"IK)9.#I'*:ND$$:FLEDX2D<IJZ401J:R63A:1RFKIA!&IK)9)
M&BF58Q/$IG+9'5E3N6`YE=-N`_QUNRF5!8,]P2!/,+@3#.H$@SG!($XP>!,,
MV@2#-<$@33`X$PS*!(,QP2!,,/@2C%06C%06C%06C%06C%06C%06C%06+%)9
M05)902>%2&6U=&*(5%9+)X=(9;5T@HA45DLGB4AEM72BB%162R>+2&6U=,*(
M5%;+)(V4RK'99E.Y[,*MJ5RPG,IIWPC^NMV4RH+!GF"0)QC<"09U@L&<8!`G
M&+P)!FV"P9I@D"88G`D&98+!F&`0)AA\"48J"T8J"T8J"T8J"T8J"T8J"T8J
M"Q:IK""IK*"30J2R6CHQ1"JKI9-#I+):.D%$*JNEDT2DLEHZ440JJZ631:2R
M6CIA1"JK99)&2N78K;6I7+9QUU0N6)XKRY8L9PMC$Q"[*94%@SW!($\PN!,,
MZ@2#.<$@3C!X$PS:!(,UP2!-,#@3#,H$@S'!($PP^!*,5!:,5!:,5!:,5!:,
M5!:,5!:,5!8L4EE!4EE!4EE!4EE!)X9(9;5T<HA45DLGB$AEM722B%162R>*
M2&6U=+*(5%9+)XQ(9;5,TDBI'+O_-I7KN8%Y.Y_SQ?L4Y3_SLE<ZY`!_W6Y*
M9<%@3S#($PSN!(,ZP6!.,(@3#-X$@S;!8$TP2!,,S@2#,L%@3#`($PR^!".5
M!2.5!2.5!2.5!2.5!2.5!2.5!8M45I!45M!)(9[*:NG$$*FLEDX.D<IJZ001
MJ:R63A*1RFKI1!&IK)9.%I'*:NF$$:FLEDD:*97C1(E-Y7+49'TJ%RP/L,?Q
MD_TQ%?CK=E,J"P9[@D&>8'`G&-0)!G."09Q@\"88M`D&:X)!FF!P)AB4"09C
M@D&88/`E&*DL&*DL&*DL&*DL&*DL&*DL&*DL6*2R@J2R@DX*D<IJZ<00J:R6
M3@Z1RFKI!!&IK)9.$I'*:NE$$:FLEDX6D<IJZ801J:R621HIE>.<R93*^\/1
MV]T?&:?_]7]__>WG?]]\^^??_\$S>,,[T?M,A<AR-F7-\GY>97E@RT&P6I?>
M8,KR7K=A$"L8O`H&K8+!JF"0*AB<"@:E@L&H8!`J&'P*!IV"P:9@D"D87`H&
ME8*1Y8*1Y8*1Y8*1Y8*1Y8*1Y8*1Y8)%EBM(EBM(EBM(EBOHQ!!9KI9.#I'E
M:ND$$5FNEDX2D>5JZ4016:Z63A:1Y6KIA!%9KI9)&FN6QZO#<Y;W5-X7I(-@
M%<O3:#D(-NQ:VEYM%'MAL&N#O338C<%>&>RUP6X-]L9@;PUV9[!W!OO>8.\-
M]L%@'PWVR6"?#?:#P;X8[*O!?C383P8CE95,#H(9\-*!3@N<Z335G1HXTVDL
MG1XXTVDLG2(XTVDLG28XTVDLG2HXTVDLG2XXTVDLG3(XT[E8IE2.TR;3`WND
M<CF&LCR53^O1%,;WTS1Z*P?!AMV4RKUNPV!/,,@3#.X$@SK!8$XPB!,,W@2#
M-L%@33!($PS.!(,RP6!,,`@3#+X$(Y4%(Y4%(Y4%(Y4%(Y4%(Y4%(Y4%BU16
MD%16D%16D%16T(F!I[*Q='+@J6PLG2!X*AM+)PF>RL;2B8*GLK%TLN"I;"R=
M,'@J&\LDC93*<=K$IG(YAK*F<CV:DE)9#H*==KN6MM`G&.P)!GF"P9U@4"<8
MS`D&<8+!FV#0)ABL"09I@L&98%`F&(P)!F&"P9=@I+)@I+)@I+)@I+)@I+)@
MI+)@I+)@D<H*DLH*DLH*.BW$4UDMG1KBJ:R63@_Q5%9+IXAX*JNETT0\E=72
MJ2*>RFKI=!%/9;5TRHBG\FR94CE.F]A4+L=0UE3N1U.6IW)ZSQ7^NMV4RH+!
MGF"0)QC<"09U@L&<8!`G&+P)!FV"P9I@D"88G`D&98+!F&`0)AA\"48J"T8J
M"T8J"T8J"T8J"T8J"T8J"Q:IK""IK*"3`BMBQM*)(9[*ZM/)(9[*:ND$$4]E
MM722B*>R6CI1Q%-9+9TLXJFLEDX8\516RR2-E,IQVL2F<CF&LJ9RQ<;[I'`E
M&%0)!E."091@\%0P[J-U`]`D&"Q)74@JV/+I!?G5`VCK9NT2L";N(*W;C9[K
M*/^D$S1VL^8.%F=W*>)Q*&"*^(,?:#@MIPA6)BHVH@03!8O?=.W3'_E)*\CI
M9JVYD",8Y,@E(*=@RVOG\A8[?'6S=@GX$G?PU>U&B^7;[/#5S9H[^!)W\-7M
MAKO-TVTZIPAAW:[Y@[#97R(LMGXGPL8<M.P)K\14;"&F8A@N#4NGKJ!F&+:6
MP8V"D".7@9R"3=]0A`G!8$+JPH38$7;!"+O4)>QB1X@%(\1SW13BV)*;0CSG
MQ%_O6YB/CZ/F[Q0T;`E_M1L8D2Y8_/9<SQ6DD@[/$/QNUP@A]N*/V!=L>>M<
MOC0`'<6LOO"^R9_0@QOQ#3>/\0U=BV_Y:#G<B6^X>XQOZ%Q\Y\^X0>WL.E$;
M6S3W4/O;/_[YU_^Z^'G=;SDM>SIK5E5L4$AW)QBT%FRA]73Z;/A^2P=6N]G$
MJKB#U8JM*57`^O/@:<L'!L4/#*H?^%K\Y$_30I<X@BYU!#G=T="R?%82CF9_
MB:-88)\X&CU<67E?N:C8PH5@<"$8@2_8DB:D73KH0HI)7<BH=<?KF^13M:M?
M[MALTP(!=(@GZ!!/L+%ZFK\U7S\LT2S&?<.'>(*.U9-)EFJP=[02\>R^G8M]
M0=JY:-AHT.6F8DL"$.!T_.!JLFL9\,)@UPV;OB#RTF`W!GMEL-<&NS78&X.]
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M3^(BIIR6BSH7G4^</IOGI_5(6L665.#9D7;"X:?4Q:[E`OP(!A=R#;@0C/Y+
M,.(O&/$7C/@+1@\E&+$6C%@+AM9G+,4W9HA3?`\].[[S_52=8RY$S//.1H1@
M!+U@F9PD7(CH=HT<B!!_$"$81!2L/DAT+*5U($7\0,KB)_^`!P1)'0@2#(*Z
MGP.Y!6=SU<193#GOX<Q35.>H"T7SO+51)!@4"08=!4O]UE':DH8BJ0M%%6.C
MK7$)1PT\*K_:H4\3\01)K=+P!$L-+)X,3>()FEJEX0F>&DCGU&?39@;2[/8=
M1R(J)I"_BZ@ZXUR(FF>AC:B"K7F3?RL#[KI9"S7<"09/<@EX:AA#FNGVTY@;
MZHK=4?G%`GX$:_UT'9U><]3YAKJ&'70.FXOS)_GW4$FZYJ@[A\V&'70.P8OS
MH_1$(`.;G_"=B(U9YR%B\W?+G[4I;F_GQ:9AXXG#R*'8+<0^RXNS$-O-)F(%
M@]AZV7$)B"T8ATQ;74@4#-ZD+KR)'1P5[&B<!H46J0LM4A<*I"YAG^NFL,<<
M<PK[&)C5R>>2-_.$M.5-P6+1H&MZ\_0H=3?$M]NU&)$X@A%?P8BO8,17,.(K
M&/$5C/@*1GP%([Z"$5_!B&_!RN1WC>_9?1/U?4$:^#9L:.MR4[$<W[0K>C79
MC?B.N@V[-G8O#79CL%<&>VVP6X.],=A;@]T9[%W#;'QC>NCT>Q8%.;X%2T<X
M\[(?,>]V+6[$5[`7!B.^8D=\!2.^@A%?P8BO8,17,.(K&/$5C/@*1GP%^]Y@
M[PWVP6`?#?;)8)\-]H/!OACLJ\%^--A/!F.'66^8(YP&=%)@A]E8.C&PPVPL
MG1S883:63A#L,!M+)PEVF(VE$P4[S,;2R8(=9F/IA,$.L[%,TDA=92P?3*F\
MGS<]\,[%65NNZ$]>>"Q8>K/J**UW06VWF[)<,(@5#%X%@U;!8%4P2!4,3@6#
M4L%@5#`(%0P^!8-.P6!3,,@4#"X%@TK!R'+!R'+!R'+!R'+!R'+!R'+!R'+!
M(LL5G-716.=7EHPE6:[5G1@BR]72R2&R7"V=("++U=))(K)<+9TH(LO5TLDB
MLEPMG3`BR]4R22-E>2Q,M2SGB3ZOCMB9]EE=R9H'H@V+TQ-]U"E'&."UUL6N
ML0VO%1RC+&@MV')>X2PO;$!T-VONX%DP:!8,E@6#9,'@6#`H%@R&"U9^H2W%
M.!:G?E>,ZVK6$N."+:=$&-BGA21BW.U:3`AQ];>$N-K%&W/[W^I,'3+1[1;-
M$]$MV/1+$D2WVU5/Z>`&L>X6S1.Q%D_$NMM53VE83>2[1?-$Y`MF(Q]+3%/D
M^W3JK*X]+1&N&/L10\6$..UR$N)AV%I!C"NXQ+A@T<`I+=+Z`8%N_I[NN>!,
MR[K"0-B+Q?1C;H3],<Z)?7*>?S$;)L0Y3#S&.72LSH^.TSP3<F;G*2UB^<F2
M4]>E%G(*MBP;P$V*)=QTNXF:ZF^A1C!X*-@492(O&)&7NH19[`BL8`16ZA)%
ML2-N,Y;B%JLV4]S*P.SDC]O=>/GUK*[L+"&<5WOJ<D&UR^N<:7\&=4M=.FG!
M"&'!VD$9%7(IGT),.,4/X>Q^YLQ)S2+"XHX(BSLB_!AW!'UVEX(>:S93T$=/
M4A=SED@7[&&Q=KM)K-7?(E;!B'3!ID@B5L&(KM0ENF)'*`4CE%*74(H=<9NQ
M%+=8BYGB9L5:UVN6$,YK.$VL!<MB3<N:B%7J(E;!"&'!FEBETZV7&S^B3C3%
M#='L;@YK5=P18'%'@+N[>`@FR1/KV<T2Z^W3>7&+L5S3:"E8%U\:EC2:5]@O
M)[NNT8:5!:`].2\,=MVP6:,&NVG8Y.]5PZ:ZKPUVV["I[IN&377?KEB*6ZRW
M3!H=<2L+,?,!A>W3BHW\)$8%2\+,#\.K9C>UE;B)/^)6L"K,)YQ*3MIL%M,=
M$D7Q1!23IS26(:3%8')$2,41(5T=Y7LCOK.C%-^8D]CXELG*&M\Z@6$XW<=,
MFZ?':21(S+O=I,OJ;W!#?`4CO@6;;OJEP8BHU"6B4I<@"D80I2Y!%#OB-F,I
M;C&EF.)6YF8G?/5B*+3..J:ND]^XIQK9/J)`M`J6%9I&ZBA4ZA)!P8A@P5#H
M8$EV#@EJO>S4A39L:AY!?8P[XBSNB'/!)G?$N;N++O3)9I.'I<VB*"!%/:83
M4]1'K.L\8XEUP7(OFO*5^'>[2:W5W^")6`M&K`NVJE4PU"IU":S8$47!B*+4
M)8IBAUIG+,4M1OI3W!Y:2=@^K9.')9X5&S$A=G4*P>!L[A'2V!+M2EWBV:XQ
M#A$1T`+6<UWYI[]1;;W@HEIU1'171]JYBB,BK8X(=7<T;E'2B>C/_E+T8[[P
MNZ)?)R)+]`N6U9SN"T:ZW:3FZF\P1_0;QK.A4R?'ZR&DV+4=]G0]""GE4P:@
M]D?YAJ/5=YY;DP[B')(>Y1S>5N=Y;@UCL_/$6$PV#C&6=MBW3\OL9'U:%FQA
M3';3(:R;380)!F&"08Y@$"(8A`A&\`4CWH(1;\&(K6"$LV"ELT_AC#G(%,[1
M;==)S"+T@J5=W'RR@[AUNREN@A$WP8B;8,1-,.(F&'$3C+@)1MP$(VZ"$;>"
MV;C%?*+%[7@>6M2YR1*W@N6XI4D*<>MV4]P$(VZ"$3?!B)M@Q$TPXB88<1.,
MN`E&W`0C;@5S<8N3HS9N^X(TV6K89AR_NMP:\,J!+SHX^M9K@[TTV(W!7AGL
MM<%N#?;&8&]7;$U+[O@['Z8R7UAZL[TQGSRFT^R/"\;^:8)/Y$I=[(:\%"-N
M8D?<!"-N@A$WP8B;8,1-,.(F&'$3C+@)=F>P=P;[WF#O#?;!8!\-]LE@GPWV
M@\&^&.RKP7XTV$\&.S]WX(4#G13.22*)Z[D3P[E3P[F3P[G3P[D3Q+E3Q+F3
MQ+G3Q+D3Q;E3Q;F3Q;G3Q;D3QKE3QGF21DKEF*FZ)P4YG,_V;"N6=OUWZ0`M
M_)6Z\Y<6#09[8@=Y@L&=8%`G&,P)!G&"P9M@T"88K`D&:8+!F6!0)AB,"09A
M@L&78*2R8*2R8*2R8*2R8*2R8*2R8*2R8)'*"I+*"CHI1"JKI1-#I+):.CE$
M*JNE$T2DLEHZ240JJZ431:2R6CI91"JKI1-&I+):)FFD5(X%DBF5'YRK,P+2
M%)>5%S@4#`H%@T'!(+!@AS?]H;2;M8<_C`H&H8+!IV#0*1AL"@:9@L%EP<S6
M\W83*R6_*\1U"68>;^^=I*6\BBT'`>2L!5$O[C!K82+J]1++.++:W7<.@(!W
MB^:)@!=L.@=`P+N=/P=`^+M%\T3XQ1/A[W;^'`!D=(OF"3(*9LF(A9.)C#XY
MW+35F!XE.J>*C2BAZXI%HDU#TUU:6"3LP["UC+B+1]1>L?A(:O<H:R-$OSDL
MAP-.=VG+&R[$.UP\RCN,5#O6*2+4?#PJ+;Y`D+B'H$>YAZ;5_?')+DT586UV
MGWJI6#RQK)55%<AH,8:UBBVL%6Q9'=D\W:6]!$CK=LT?G(D_."O8EMGT0<J*
M6=V^.4D1A3!Q#6&/<0U?B^NL!<@2UY#U&-=PM;CF`,*ZYP13L^_$5*S+6*;J
M@LW"U+R(4[9VMYN"9:9D?V+834R)/Y@JV(-,%;.^T9;6E*%*?$/58WQ#U>H[
MOX\)5^(;KA[C&ZY6WYO\H0#(FITGLF(QR))55XD6LN:5HT:68*208*208!!3
ML?%N#EV<V!%XP0B\U"7*8D=@!2.P4I<HBAUQF[$4MU@,LG&KJT1+W.:5HQ:W
MBC$];>HE<`H2.:E-Y`0C<H(1.<&(G&!$3C`B)QB1$XS("4;D9FR-W/:^M;)]
M05HK:]C<D3=LB9P!7VP->.W`EPZ\<>`K![YVX*T#WSCPK0/O.KB_]13"6-)P
MXMN6M8[E6=BP)835;@VA@H1004*H("%4D!`J2`@5)(0*$D(%":&"A%!!0EC!
M*81_^O4?W[[]=O67W_[RY__X][=?_O[M\MN__O7K=W_]^7__FZ?X$9O%$_[=
M+]_^]I]_N.#;]<_YEB:#,S*U5VJ%IT^CD,]?V\+-OG"?XUISNR_<]Q1:>+0O
MW#=="L_V;GF)PUWS9%^3'Y.UA<?AEI^GM(6[?>'.%Y[L"_?+K-*@D]-]X?ZE
M2"U\MB_<]_*Y\#1"R]=V3'.>16#Y%HXIVASM`W#D`W"TC^N1C^O1/CIL]SJW
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M?!GW=QSWYV+&_1W'_;DR[N\X[L^576QV^R'-SO:%FY/]D.;$,<]@:/_`.W'4
M4[C7VHGC_H*/92#@LKDCG=-Q=$[EYVVU["S*7%.)Z3;BYJY'623%SB4%9=$A
M[.Z)S?X.=^X.>1_QF(?D%7^-%'G=,$I?WE/Z:E_Z^I[2-_O2M_>4OMN7?G]/
MZ8=]Z<?[2_<#.PYT:(I`2_1Q]GY>1%G<DZEW$V5Q1Z;L-LKB?DS9793%W9BR
M]U$6]V+*/D799U_V)<J^^K*?HHP73JU3"HD,A2XRP36E<&U+B0NE<&U+B0RE
M<&U+B0VE<&U+B0ZE<&U+:16C0:[KQ,N/&$0IGFTIGF,DZ4MA>Q=LNZO"=G1L
MM@RV=\&VJP?;NV#;E<'V+MAV9;"]"[9=&6SO@FU7]G)S=$)GR>%!5?KK*+OU
M9>^B['M?]B'*/OJRT`C#>=APW0RY%6,9RP71CO&*+2.BQQ$UQR%1.X[(N#(B
M`[W(V15>;+;/H)=54`W-Y69[%F6NC[W8'#VEC&51K?=B<Q3/GR-WO;=11MA<
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M9$J<>OD8!"4NYWA?E.NX/&6#AQ*7<U<Q;;2S1F8Y7,?58>Y'B1WU[2<X;H3`
M^@%UW*CZ<C]9=&-J?JF>.NZ9Q:B4$G>GC+5C"F)Z)&8@,0@W)8S!8_IA2IA]
MQ.#<E#`VCZF'*;DA21RCMW0MCL\[.A:'?Z+S</@-\SW'_BUS/8??,<]S^'OF
M>`[_Q/QNC_^I"_S7/__'__SE[]_>_N67O__SOW_][E_?_L8I@Z=_C!\J^^6?
M?_]'_\=O/_\/)U_^\-W_^?FWWW[^]_Y___'M+__WVR]AC?'??O[YM_8/'AE_
M^G\___)?^Y,,?_[_`@```/__`P!02P,$%``&``@````A`/[Z>8(P"P$`820&
M`!D```!X;"]W;W)K<VAE971S+W-H965T,38N>&ULE-U;<Q7GE<;Q^ZF:[T!Q
M/\8()"!E9^I5G\_GXQW!.*9BP`4DSGS[6:W>W;O?_J\XRLV@_&9U"_3LQ[VU
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MKX>/GWS]Y?/OP9<//Z4?/KV7K[<DM63PE\^?_[:,1C\M)`<_P]'^0P;EER<_
MO?_Y[=]__59__CU\_^&OOWR3P!\^W[O/O\IGDO_[Y..'Y5$@__BW_WSX\_</
M/WW[Y<>G+VZ^NWWU_8OG-[=/G_SE_==O_H?EV*=/WOW]Z[?/'X=UZ/GRV?>3
MW%Q.(G]N)[F[GN0/#GQQ.5#^5`Y\Y&=_>3F)_*F<Y`\^N_P#'_[M\N?EP.<O
MOGM]>_OR[O4KL3\X\NYRI/RY'?GJ#P^0_^_#IY(_MP->?O?RYO;5ZX>O\Q]\
M*NGDPY'RYW_VKWMS.5#^W#ZE?/@'G^FY/,K6Q\+R<+L\&!Z7X_/]820?;)_M
MD5_+Y]NC9_G@/_RTV^/G^?4!]/R17]?GV\-F^>#R:5\_+A(ITN4+=7CD_''^
MS[='S/+!Y;.]>N1GVQX[SZ\/GC>/>Y@^WQX\RP=;+/_F+[H];)X?'C>/_)+>
M;`^@Y8/_[$MZLSV`E@\>]S>]V1XWRP?;(8_\PMQL#YSE@\NQMX_[FMYLCYOE
M@\NA+^1O\`?%6OY+^E"LY8/]LSVJ_3?;XV;Y8/M'/C:.[8%S<WW@_+N_Z?:`
MN;D^8&X?]S"]V1XXRP?;W_3-XZX"V^/FQ?5Q\V_^HB^VQ\ORP7_V)5W._)#&
M\L'V%_W^<>&_V!XWRP>78__=WW1[O+RX/EX>^25]L3UNE@^VO^G-X^)XL3UP
ME@\>^3?='B\OKH^7Q_Y-M\?-B^OCYK'7TA?;`V?YX'%_TY?;`V;YX'+((_^F
M+[<'SO+!]C7]X_2?K4^9'IYJN6^_O?WS#U\^__Y$GL'*&;[^]G9Y/OS\3\OI
M+D^R+O\IV)]VR?._=\NX6>9_?"I?(7E"]57T'W^^>W[[P[-_R/.X=Y>9>\X\
MMR><;6)Y`K:<UCV#=P;_#,$9PC-$9XC/D)PA/4-VAOP,Q1G*,U1GJ,_0G*$]
M0W>&_@S#&<8S3&>8SV#V>+=@S![F+@C/(#V#^`SR,PC0($&#"`TR-`C1($6#
M&`UR-,<@GTD[]HK(?V+_HXHL\TM%MJ_8_0;7SMR<^K!-;(>X9_#.X)\A.$-X
MAN@,\1F2,Z1GR,Z0GZ$X0WF&Z@SU&9HSM&?HSM"?83C#>(;I#/,9C('L86Y1
M&0<S2,\@/H/\#`(T2-`@0H,,#4(T2-$@1H,<S3%(JP_RM.'8A^W*L+!\YWVX
M,MR\>&4_SN_7&?E.:_OJ.1`7XD%\2``)(1$DAB20%))!<D@!*2$5I(8TD!;2
M07K(`!DA$V2&&$-BJH:Q&N9J&*QALH;1&F9K&*YANH;Q&N9K&+!APL:*V"J(
M/$G6"K*P/,V2_UP<GCO=G1JR#LG+:L>A4XV<?6BKD0OQ(#XD@(20"!)#$D@*
MR2`YI("4D`I20QI("^D@/62`C)`),D.,(=V3&*MAKH;!&B9K&*UAMH;A&J9K
M&*]AOH8!&R9LK(BMTL@C7BO-P@^EV1[J]ZN\E&\)_W6-G'UH.\R%>!`?$D!"
M2`2)(0DDA620'%)`2D@%J2$-I(5TD!XR0$;(!)DAQI"N06\9&L9JF*MAL(;)
M&D9KF*UAN(;I&L9KF*]AP(8)RT[EX1$OCV_Y9UL-D4?\L2$/WZK?W'XG\^OK
M=OQF?3G"+L\J+^7%D4-Y7MO7(&<?VK[P+L2#^)``$D(B2`Q)("DD@^20`E)"
M*D@-:2`MI(/TD`$R0B;(##&&=$]BK(:Y&@9KF*QAM(;9&H9KF*YAO(;Y&@9L
MF+"Q(K;*(X_X8WFV;UH6MANRRJDA;TX-V8?VAD`\B`\)("$D@L20!))",D@.
M*2`EI(+4D`;20CI(#QD@(V2"S!!C2/<DA^22&*QALH;1&F9K&*YANH;Q&N9K
M&+!APL:*V&J(O*:K-61ANR&KW-Y<OXF'N!`/XD,"2`B)(#$D@:20#))#"D@)
MJ2`UI(&TD`[20P;(")D@,\08TCW)(3%7PV`-DS6,UC!;PW`-TS6,US!?PX`-
M$S96Q%8=9)&CU6%ANPZKW,KK(M>G5#??GRX8^]!^P8!X$!\20$)(!(DA"22%
M9)`<4D!*2`6I(0VDA720'C)`1L@$F2'&D.Y)#LDE,5C#9`VC-<S6,%S#=`WC
M-<S7,&##A(T5L=60Y5X;K2(/;G?D0E9)7CQ_<2K)=6IO"<DC^:2`%)(B4DQ*
M2"DI(^6D@E22*E)-:D@MJ2/UI($TDB;23)(MXO+(^/&IQ+T%*7M$FJ.8JY@2
MN>P3>3XE=-DI<DZ)7?:*G%."E]TBYY3H9;_(.3M\NTO+*O:PA]^^/Y%5R?EZ
M<R&K2W<WV+"O!QXB<*\';JEX))\4D$)21(I)"2DE9:2<5)!*4D6J20VI)76D
MGC201M)$FDG2)00I7:(YBBF)RV:>QRJ9RW:><TKJLJ'GG)*[;.DYIR0OFWK.
M*=G+MOXX9W=I6<AJ75H7M;*`V1[_]\LR9GDZ=UA(DER21_))`2DD1:28E)!2
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M-=M?@UAWR5:7+NME^Y)U^CD`9_DYL?7"=NT2R..43PI((2DBQ:2$E)(R4DXJ
M2"6I(M6DAM22.E)/&D@C:2+-).D24I,NT93`Y6<#.*=$+J_G<4X)75[/XYP2
MN[R>QSDE>'D]CW-*]/)Z'N?L\.TN+7MCK4OK/MGJTKYB/EZ73O>%.LL/3IZ_
ME0)YG/))`2DD1:28E)!24D;*206I)%6DFM206E)'ZDD#:21-I)DD74)JTB6:
M$KATB7-*Y-(ESBFA2Y<XI\0N7>*<$KQTB7-*]-(ESMGAVUU:]M!:E];]M-6E
ME4[?2IUOGUY^DOA\70)YG/))`2DD1:28E)!24D;*206I)%6DFM206E)'ZDD#
M:21-I)DD74)JTB6:HYBKF!*Y=(GG4T*7+G%.B5VZQ#DE>.D2YY3HI4N<L\.W
MN[2LI[4NK6MKJTLKG5[B.]\KNOR(_?FZ!/(XY9,"4DB*2#$I(:6DC)23"E))
MJD@UJ2&UI([4DP;22)I(,TFZA-2D2S1',5<Q)7+I$L^GA"Y=XIP2NW2)<TKP
MTB7.*=%+ESAGAV]U:?D-$<<N/>)EB8=#[)<E+G2JV?F&T^O4_JT4R2/YI(`4
MDB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),DA\H76\+.+R89.X5<Q1S
M%5,BEQ\MY>=00I<?+^6<$KO\B"GGE.#EQTPYIT0O/VK*.3M\NV;+HE>Y9-VL
M"^#C)>M"=I=>G._%NTY=N[2>ZY"*QRF?%)!"4D2*20DI)66DG%202E)%JDD-
MJ25UI)XTD$;21)I)TB6D)EVB.8JYBBF12Y=X/B5TZ1+GE-BE2YQ3@I<N<4Z)
M7KK$.3M\NTO+[E?KTF4G?'BY?/F-1.LW28>7)5Z<;S.Z3EV[M!^XD<<IGQ20
M0E)$BDD)*25EI)Q4D$I21:I)#:DE=:2>-)!&TD2:2=(EI"9=HCF*N8HID4N7
M>#XE=.D2YY38I4N<4X*7+G%.B5ZZQ#D[?+M+R^[WT*7'//U;U\76)6O?(!]K
M=KZ1XF:?VCKEDCR23PI((2DBQ:2$E)(R4DXJ2"6I(M6DAM22.E)/&D@C:2+-
M)*D9@I2:T1S%E,3E]XKP6"5S^=TBG%-2E]\OPCDE=_D=(YQ3DI??,\(Y)7OY
M72/'.;MFRUKX4+-M*[7\ZCJY/EE=NFR0Y97ZZX;WQ?E&BLN!ZP_8KK]]BN21
M?%)`"DD1*28EI)24D7)202I)%:DF-:26U)%ZTD`:21-I)DF7]KBW_RA*EVB.
M8JYB2N1RR>+YE-#EDL4Y)7:Y9'%."5XN69Q3HI=+%N?L\.TN+;M?K4OK3MCJ
MTKXF/G;I?+?$\LL@3Z_^D3R23PI((2DBQ:2$E)(R4DXJ2"6I(M6DAM22.E)/
M&D@C:2+-).D2@I0NT1S%7,64R*5+/)\2NG2)<TKLTB7.*<%+ESBG1"]=XIP=
MOMVE91^L=6G=$UM=VE?'QRZ=[Y98?COJ^@W7]I\SE^21?%)`"DD1*28EI)24
MD7)202I)%:DF-:26U)%ZTD`:21-I)DF7$*1TB>8HIB0NS_%XK)*Y/,?CG)*Z
M/,?CG)*[/,?CG)*\/,?CG)*]/,<[SME=6O;!6I?6/;'5I7UU?.S2^6Z)Y;<%
MGZ]+((]3/BD@A:2(%),24DK*2#FI()6DBE23&E)+ZD@]:2"-I(DTDZ1+2$VZ
M1',4<Q53(I?K$L^GA"[7)<XIL<MUB7-*\')=XIP2O5R7.&>';W=IV0=K75KW
MQ%:7+JMC.?_A^Z7SW1(W^]3UN@3R..63`E)(BD@Q*2&EI(R4DPI22:I(-:DA
MM:2.U),&TDB:2#-)NH34I$LT1S%7,25RZ1+/IX0N7>*<$KMTB7-*\-(ESBG1
M2Y<X9X=O=VG9!VM=6O?$5I?VU?&Q2^>[)9;?*W^^+H$\3OFD@!22(E),2D@I
M*2/EI()4DBI236I(+:DC]:2!-)(FTDR2+B$UZ1+-4<Q53(E<NL3S*:%+ESBG
MQ"Y=XIP2O'2)<TKTTB7.V>%;75K>%T'KTH/;K^-=Z+3&/=\2<9W:KTLDC^23
M`E)(BD@Q*2&EI(R4DPI22:I(-:DAM:2.U),&TDB:2#-)?J,P;P>X5\Q1S%5,
MB5Q^K3`_AQ*Z_&)ASBFQRZ\6YIP2O/QR8<XIT<NO%^:<';[=I67IJUR7EC<2
MD<O+\;IT(?N.V)?G6R*N4]<N71;+U]]C[W'*)P6DD!218E)"2DD9*2<5I))4
MD6I20VI)':DG#:21-)%FDG0)J9E[Q1S%7,64R*5+_!Q*Z-(ESBFQ2Y<XIP0O
M7>*<$KUTB7-V^':7EJ6OUJ5U&6QUZ;(?MKY?>GF^)6)Y+YW3<SR21_))`2DD
M1:28E)!24D;*206I)%6DFM206E)'ZDD#:21-I)DD74*0TB6:HYBKF!*Y=(GG
M4T*7+G%.B5VZQ#DE>.D2YY3HI4N<L\.WN[1L<;4NK=M=JTN7A:]\/W9][>'E
M^;Z'Y2VJEBY=+T(NR2/YI(`4DB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322
M)M),DBXA2.D2S5%,25S>.8+'*IG+>T=P3DE=WCV"<TKN\OX1G%.2EW>0X)R2
MO;R'Q''.[M*RV=6ZM&Y\K2Y=EL#V=>E\W\/RWFWGZQ+(XY1/"D@A*2+%I(24
MDC)23BI():DBU:2&U)(Z4D\:2"-I(LTDZ1)2DR[1',5<Q93(Y;K$\RFARW6)
M<TKL<EWBG!*\7)<XIT0OUR7.V>';75HVNUJ7UHVOU:7+$MB^+IWO>UC>S/!\
M70)YG/))`2DD1:28E)!24D;*206I)%6DFM206E)'ZDD#:21-I)DD74)JTB6:
MHYBKF!*Y=(GG4T*7+G%.B5VZQ#DE>.D2YY3HI4N<L\.WN[1L<0]=>L1MK\O;
M=TI;K)I==L'V)>M\2\3EP,./9;@DC^23`E)(BD@Q*2&EI(R4DPI22:I(-:DA
MM:2.U),&TDB:2#-):K;'O;V^)#6C.8HIB<O3/QZK9"Y/_SBGI"Y/_SBGY"Y/
M_SBG)"]/_SBG9"]/_XYS=LVD&<>:;;>]+N]K>^[22O;+Y2_/MT1<#K2ZM!^X
MI>)QRB<%I)`4D6)20DI)&2DG%:225)%J4D-J21VI)PVDD3219I)T":E)EVB.
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M/EZ77N[[X<-UZ?9\2\1UZMJE_<"-/$[YI(`4DB)23$I(*2DCY:2"5)(J4DUJ
M2"VI(_6D@322)M),DBXA-7.OF*.8JY@2N;P!,S^'$KJ\!3/GE-B-DKMTB<<J
MR4N7.*=D+UTZSME=6I:^6I?69;#5I7T_?.S2^9:(E_O45AR7Y)%\4D`*21$I
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MR2/YI(`4DB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),DBXA2.D2S5',
M54R)7+K$\RFA2Y<XI\0N7>*<$KQTB7-*]-(ESMGAVUU:-KM:E]:-K]6E?0E\
M[-+Y'J+E)?/3?HGDD7Q20`I)$2DF):24E)%R4D$J216I)C6DEM21>M)`&DD3
M:29)EQ"D=(GF*.8JID0N7>+YE-"E2YQ38I<N<4X)7KK$.25ZZ1+G[/#M+BV;
M7:U+Z\;7ZM)E"2Q_7'\<X_9\#]'R4X1+EPX_CD'R2#XI((6DB!23$E)*RD@Y
MJ2"5I(I4DQI22^I(/6D@C:2)-).D2PA2ND1S%',54R*7+O%\2NC2)<XIL4N7
M.*<$+UWBG!*]=(ES=OAVEY;-KM:E=>-K=6E?`A^[=+Z'Z.4^=?U^">1QRB<%
MI)`4D6)20DI)&2DG%:225)%J4D-J21VI)PVDD3219I)T":E)EVB.8JYB2N32
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MB5ZZQ#D[?+M+RQ97Z]*ZW;6Z=%GX6M>EN_,]1+?[U%8<E^21?%)`"DD1*28E
MI)24D7)202I)%:DF-:26U)%ZTD`:21-I)DF7$*1TB>8HIB1NE,BE2SR?$KIT
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MMKITV0_;EZSS[46W^]16')?DD7Q20`I)$2DF):24E)%R4D$J216I)C6DEM21
M>M)`&DD3:29)EQ"D=(GF**8D+D__>*R2N;PLP3DE=7E9@G-*[O*R!.>4Y.5E
M"<XIV<O+$L<YNTO+TE?KTKH,MKITV0_;WTJ=;XFXW:>N70)YG/))`2DD1:28
ME)!24D;*206I)%6DFM206E)'ZDD#:21-I)DD74)JTB6:HYBKF!*Y7)=X/B5T
MN2YQ3HE=KDN<4X*7ZQ+GE.CENL0Y.WR[2\O25^O2XJ>7RU=:UL37E_CNSK=$
MW.Y3URZ!/$[YI(`4DB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),DBXA
M->D2S5',54R)7+K$\RFA2Y<XI\0N7>*<$KQTB7-*]-(ESMGAVUU:EKY:EQ8_
M=6FE4Y?.MT3<[E/7+H$\3OFD@!22(E),2D@I*2/EI()4DBI236I(+:DC]:2!
M-)(FTDR2+B$UZ1+-4<Q53(E<NL3S*:%+ESBGQ"Y=XIP2O'2)<TKTTB7.V>';
M75J6OEJ7UF6P]1QOWP\?KTOG6R)N]ZEKET`>IWQ20`I)$2DF):24E)%R4D$J
M216I)C6DEM21>M)`&DD3:29)EY":=(GF*.8JID0N7>+YE-"E2YQ38I<N<4X)
M7KK$.25ZZ1+G[/"M+MW]BULB'MR^+EUHN>7B\!SO?$O$=6KO$LDC^:2`%)(B
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MET`>IWQ20`I)$2DF):24E)%R4D$J216I)C6DEM21>M)`&DD3:29)EY":=(GF
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M;^SP[>(L:USE(O1J7>\>+T(76G[F\/`"^/F&H>O45B^7Y)%\4D`*21$I)B6D
ME)21<E)!*DD5J28UI);4D7K20!I)$VDF29?61X#$O05I[A5S%%,2ER[Q?$KF
MTB7.*:E+ESBGY"Y=XIR2O'2)<TKVTJ7CG-VE98VK=6E=[UI=6NG4I?,-0Z_V
MJ2T"E^21?%)`"DD1*28EI)24D7)202I)%:DF-:26U)%ZTD`:21-I)DF7$*1T
MB>8HIB0N7>*Q2N;2)<XIJ4N7.*?D+EWBG)*\=(ES2O;2I>.<W:5EC:MU:5WO
M6EU:R>[2Z_,-0Z_VJ6N70!ZG?%)`"DD1*28EI)24D7)202I)%:DF-:26U)%Z
MTD`:21-I)DF7D)ITB>8HYBJF1"[/\7@^)71YCL<Y)79YCL<Y)7AYCL<Y)7IY
MCL<Y.WR[2\L:5^O2NMZUNG2AY_M%WWD%<DD>R2<%I)`4D6)20DI)&2DG%:22
M5)%J4D-J21VI)PVDD3219I(4!T%*<6A*X/+-$>>4R*4XG%-"E^)P3HE=BL,Y
M)7@I#N>4Z*4XG+/#MXNS[&RUXJR[7*LXE_6NO`)X_>;H]?E.NU?[U/4B!/(X
MY9,"4DB*2#$I(:6DC)23"E))JD@UJ2&UI([4DP;22)I(,TFZA-2D2S1',5<Q
M)7+I$L^GA"Y=XIP2NW2)<TKPTB7.*=%+ESAGAV]W:=G9:EU:=[E6E_;U[K%+
MYSOM7NU3URZ!/$[YI(`4DB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),
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M`E)(BD@Q*2&EI(R4DPI22:I(-:DAM:2.U),&TDB:2#-)NH34I$LT1S%7,25R
MZ1+/IX0N7>*<$KMTB7-*\-(ESBG12Y<X9X=O=>GUO[BCX<'M.QHN9-^U^OI\
MI]UU:N\2R2/YI(`4DB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),,D:Q
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M2YQ3@I<N<4Z)7KK$.3M\NTO+&E?KTKK>M;JTTJE+YQN&7N]3URZ!/$[YI(`4
MDB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),DBXA->D2S5',54R)7+K$
M\RFA2Y<XI\0N7>*<$KQTB7-*]-(ESMGAVUU:-KM:ERX;W^OMWO>O5[*[].9\
MP]!UZMJE_<"-/$[YI(`4DB)23$I(*2DCY:2"5)(J4DUJ2"VI(_6D@322)M),
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M7>*<$KUTB7-V^':7ELVNUJ5UXVMUZ;($EO/OUZ6;6[R.MT]=NP3R7H-\4D`*
M21$I)B6DE)21<E)!*DD5J28UI);4D7K20!I)$VDF29<0D72)YBCF*J9$+EWB
M^930I4N<4V*7+G%."5ZZQ#DE>ND2Y^SPK2Z]^1?W/3RX?=_#A4ZOXYWO(;I.
M[5TB>22?%)!"4D2*20DI)66DG%202E)%JDD-J25UI)XTD$;21)I)QBAVKYBC
MF*N8$KE1,C=*Z$9)W2BQ&R5WHP1OE.2-$KU1LC=V^':7ELVN<EUZLVY\C]>E
M"]GO8/'F?`_1=>K:I<OV^/`.%ISR20$I)$6DF)204E)&RDD%J215I)K4D%I2
M1^I)`VDD3:29)%U":N9>,4<Q5S%/,25SZ1(_KY*Z=(ES2N[2)<XIR4N7.*=D
M+UTZSME=6C:[6I?6C:_5I<L26*Y[^W.\NS?G>XC>[%/7+H$\3OFD@!22(E),
M2D@I*2/EI()4DBI236I(+:DC]:3A_RD[L]W(EN3*_HJ@=U4S.&0D`4E`7C+G
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M-WK94/D@4[B@I0\?O9I1O0E?]USS`/"-T5NC=T;OC3XL:%6E/*/;J5*?W2VJ
M-#0EN+L5NC=ZV="BRK-#^AC)JQDU56GIHRI";_N,,^J=T7NC#QW%K?SQ8KZN
M5:CR`&8G5.'ID4I#42BA^UNAEPTM0EU?I<\(O)I14ZB6:TKPIJ>?Z*W1.Z/W
M1A\Z8I9@Z_FZ%J$.%_'A$P;ZI[\RZ'#SA_)31__XZ]_^\I^__;V`T8!UP"IA
M9]?D&E->WN2C]!#6M;CO[##E?]G9U2VS_M>_7UX<YHL_K0*O0D3/]+JSP]3P
M36>7\84]NYJF.:5[V\/"T'>=+4./%^E1V_L>%H9^Z"P-G7*D"I0#V(U7#Q?U
M9#9V=6?EQW.&TL>+?-`:PKH^*-W2+4I7=OEL?(43;<705F/15G$(J3B$5!RJ
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MD'`W]"*MD*BJH:C:&"\E3COW`DGILLW?*EW^D'?0C2U*BR&K&+**(6ME0364
M%$/)RI9J'@_>@6@*E!1#-C%D:VS3KX=T\]'O\@^G/R2).HL2F=V/L3/NY8:]
MZFR1J.4+[$V/"[NOMQOV;L/>;]B'P79ZE"WPSC*'ME^.S=E86K^2D^\.,VRN
M7SW=(I&VY$C4MN1SS_IZPY!(8Y%(#(G$D$@,B1K;250VKUN)^JYV[*]_.W#]
M.W7:?)_H4=GJ^,NY^3VM';A(0W&1&!*U=.U>]3+=5*!7#5@MU08MZ]>E=JN>
M#PFW0],V#55K6#`MJC;&2PGKU^7<IZWK%V.#TE?S!.#TA]R<VC"CM!BRBB&K
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MZ4W^+)OLK6QM][VL`XTM_A1#-C%D$T,V,6030S8Q9!-#MLJ2;/.M=[=I*+(U
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M)(HL253VTUN)^D8[2J0-.7J(T55BZ%'9\G&`XT62%XE&6)<7B90.B<202`R)
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MV_[43O<]*NS77G:VC-Q\I*5-T#_2\BS?4KSNB4+R-YTMR3<?:?$[>O?`4-V-
M>.B'_=#KU(L?>UA]P:D>9:^^L_%5V\3'&^C.EGKH!@#UQ5!?[-6&(:[B$+>R
M5=Q\^/.VAX6Z(*[2O=\PE%0<LD669"O[]ZUL;6._R*8;`&Q<V?J6TJT-0FHD
M0HHA9,M6[Y^O\J_,H*H&H6IEY8>LQ\I[S&Y'50U%U<K65Y\_+(O0&HK08@@=
M61*ZW`5LA:ZW!SS<Z6O@;X>KQA9_BB&K&+**(:L82HJAI!BRB2%;94FVM'@A
MFX8BFQBR199D*W<&6]GJ+<,J6V.+;&+()H9L8L@FAFQBR":&;&+()H9&8F@D
MAD:1)8W*K<%6HW;/L%BKLO4NTI^:N1IAW97(UM)->9%-#-G$D$T,V<2030S9
MQ)!-#-G$D"VR)%O9\V]E:S<#BVR-S??.TE?9T@6;3]*TL+":(YO2(5M+UQZ]
MA*.XTTT*&FH0&FY>P_&0]G_(JJ'(NAOJ3])X*$KOAEZG_D?\.&L2O]PF;,5O
M]P^+^(TMXHMA4#&4%D-I,<050]S*E@)O/ESCH8BK='A6#"7%D"VR)%O9QV]E
M:QO\1;;&%MG$D$T,V<2030S9Q)!-#`.*H9$8&HFAD1@:198T*IOVK49M-[]H
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M4+1OTZW:IXKC>PU%^]W0?!E&^S@T:5]N`+;:MSN#1?MXM]"U%T-H,8060V@Q
MQ!5#7#&4%$/)RE8?;%RLH2BY&WJ3GFZC9!R:E"SW!%LEV\W"HF1CR_Y`#"7%
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M-62Z4:(*(RPTI!@U$*,$8E1`C`*(H;\8\HNAOACBBZ&]&-*+H;P8#2E&0XK1
MD&(TI!@-*49#BM&08C2D&`TI1D.*T9!BI2$-:4C#G15*0SIR9X;2D([<V:$T
MI"-WAB@-Z<B=)4I#.G)GBM*0CDRV2`U93J1"0XZCCYMV5+5T766IZ])-&5*/
ML-!U8@@MALYBR"R&RF*(+(;&8D@LAL)B""R&OF+(*T;7B=%U8G2=&%TG1M>)
MT75B=)T872=&UXG1=6)TG5CI.D.ZSG!GA=)UCMR9H72=(W=V*%WGR)TA2M<Y
M<F>)TG6.W)FB=)TCDRU2UY6SR-!U3[H,MO/+I2$K2PV9#O"IP@@+#2E&#<0H
M@1@5$*,`8N@OAOQBJ"^&^&)H+X;T8B@O1D.*T9!B-*08#2E&0XK1D&(TI!@-
M*49#BM&08C2D6&E(0QK2<&>%TI".W)FA-*0C=W8H#>G(G2%*0SIR9XG2D([<
MF:(TI".3+5)#E@/JT)#S,MA.KI>NJRQU77K8@]0C+'2=&$*+H;,8,HNALA@B
MBZ&Q&!*+H;`8`HNAKQCRBM%U8G2=&%TG1M>)T75B=)T872=&UXG1=6)TG1A=
M)U:ZSI"N,]Q9H72=(W=F*%WGR)T=2M<Y<F>(TG6.W%FB=)TC=Z8H7>?(9(O4
M=>5A1NBZ)UT&VP.0I2$K2PV9G@!2A1$6&E*,&HA1`C$J($8!Q-!?#/G%4%\,
M\<707@SIQ5!>C(84HR'%:$@Q&E*,AA2C(<5H2#$:4HR&%*,AQ6A(L=*0AC2D
MX<X*I2$=N3-#:4A'[NQ0&M*1.T.4AG3DSA*E(1VY,T5I2$<F6Z2&+,_$0D/.
MRV![6+9T765KUSU+'\%"ZA$6NDX,H<7060R9Q5!9#)'%T%@,B<506`R!Q=!7
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MABA=Y\B=)4K7.7)GBM)UCDRV6+N.S^HO7??H%_Q/`]*'8#J+'UXSNS^8O=RP
M5QOV>L/>=%:^(3$_!O`L??CF;0CKJ\"[#7N_81\V[..&?=JPSQOV9<.^;MBW
M#?N^83\Z"Q\G^[EAOU:6+%">&?>%EQ\'&C<9S^K#Y&7A[6PI=8N;C%*+46HQ
M2BU&J<4H=67/N8$*I4Z?^*#4(RR4NC)^L*8S2CWB8KKTO)KJC[`^E.HK'=47
MH_IB5%^,ZHM1?3&J+T;U*UNKW]CI`X&G#_)1_1B7JE\>4&ZK7Y]<KM5O;%;Z
M[O!,C.J+47TQJB]&]<6H?F7+[ZP<GZ4'G51_A/5RT>@MW92#ZH^X4/W\3]10
M_1'6TU%]I:/Z(RZDRS_/CB%&6$^'(90.0XAAB#$V3I$>+.&1$=:GP",MW:P9
M*X2FP",Q+GFD/$[;>J0^9UL]TMB<#X^(X1$Q/"*&1\3PB!@>J2QY)#T%P",C
MK$N$1UJZQ2,C+BJ>SC#QR`CKZ?"(TN&1$1?2'=/A#!X983T='E$Z/"*&1\;8
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M".OI<)C2X3`Q'#;&QBG2PHS#1EB?`H<I'0X;<?M_J0YSC0@R)7.5`_A@KKG7
MK2?SJXD:`\97GJX!+%,SKK]T;&2(CPPQDB%.:G#V%DZJ+/ST%K9I;&YNL4T;
MN]A&8_&(QN(1C<4C&HLA-!9#M+'S-6,(Y<,0RD?UE8_J:RS5UUCJ'<>F>I>C
MWVV]ZYGP6N]V3LP5;2P:Q^?I&DVY1UBHMAC%%J/68I2ZLG71$*/48I1:C-VM
M&*46H]1BE%J,4HM1:C%*+4:IQ2BU&*46H]1BE#JR5.IRWK@M=3V(7$O=V+0J
M=6T'EFOYT_Z)QAYAO?R46HQ2BU'JRM925U9^A'&X3C\-1_5K&+_$5I:]F[RG
MP`HMS_R'8[#"4W+CCB4WOX/^K__COU@Y_])61ZRBW%CE*;EQS\@=WUZ:`4/5
ML*`,AM*L&.HIL^*QI\R*[30#MGO*##AQS%#J\>QV^B39LAS(!5O6[<PS/F$_
MKSWUS&XU:&.+02M;OL5X?)YVY!ATA`6#BF%0,0Q:62@#EQTQW%A9^5W`8-I4
M53Q9P_A-QOY2\*328<#&^$?43O^6YS%_1Q<+*A465"K\5EGKD_2*\%D?4OOH
M7V;93D<EF$[S8+H^:+P-'#;F.:,`#E,Z'*9TV*FQH<"#_RS&,9[8EM_R/GT]
M8S'4*22=T786#=58,E2ZO;@_S+!>Q9<;]FK#7G>V&,HOY6V/:V6[S#__\JX'
M+%9RH@\]KB7*A\$?^]]#GD^=A1?YN;.>9UT1O_0_EY^W+(ZUC]IK"_-\FX."
MCUH<><[ZR.E^;M+]ZJR]K,O;N7M9EZ5C.1$\ORR=0K*+XD%B^Y9PBTLN2G>0
MN*@.)2RX2`P7B>$B3?MFPW!1C3LO)EZJ8:$V[SL+'L!+;=K6E)<7_@41I\).
M>K78:;RRTP(WRW(2$3_U,0_ZJ0:$UXR?^J`AZ??.SDOPHX>%=/A)Z?!38T."
MF[FD)D>5\\/@J'%Y.[:#Q?BIB<ZF&>X.C24?I1ME?%33K3X2PT=B^*B]E#DM
M/A+#1Y4%=3"-&*;16$RC.!8=,5RBL;A$<3A#<5\["Z\/,R@.,R@?E1>C\AI+
MY6-<*G4Y\]N6NAX&+CN98V-3<THM1ETK2^5/!QM<>$987T8HM1BEUA246HQ2
M5W:^7ZA^#0N*4WVEH_J-]>LXQ^KKI0,S*!5F4"K,4-GY5X8_6KKY)6?\H2GP
MAZ;`'T^9`LLH'991.BS3V.[-)P>5\[^M@]J9XK)8-+8X2`P'598<E,ZR<-`(
M"PX2PT&:`@>)X:#*SM<)!]6PU4%*AX-&NG*EN$D-@'V4!_LH#_89><YL++!/
M2[?81U-@'TV!?9XR!?91.NRC=-AGI$OO/'FG'.\%[^PVP.W<<'%18XN+Q'!1
M9<E%\ZIWNF#CHA$67"2&BS0%+A+#194]ZJ(:MKI(Z7#12%>TS#_IB(N4!Q<I
M#RY:\ZQK&>[I0Q[<MF@>K-0'Q6W+F.>,6[&2TF$EI<-*(]WI[<\U.%FIG!P&
M*\T]2SMZ7`S4V&*@RI)9T@DQGAIAW2P82(P+F1@&JBQL3#&0&`:J+#B#-4>,
MJY;&XA;%X1`Q'**Q.$1QV$)Q7),4AQ,4QZ*B.,HN1MDUEK+'N%3J<G(82KU;
M-=KAXE+T>.#8;WC$J'!EBQ&N\S]%1-%'6#<"11>CZ)J"HHM1],H>735J6/`&
M/E`Z?##2E;;QI4=IL(328(DES?-T!<8>?<R#JX8FPBM]4%PUQD3G5PVEPSY*
MAWU&NO+V;^=!2+)2.?J3E8Y_*/_>TS_^^K>__.=O?^=0+/QLX;&>%:[;XL:6
MU40,8U6V&.L8;NO[Y6B$!6.)82Q-@;$:6QXL-5A^Y__<"5\+6YWE?%BK0O(5
M;?DFS'HI8;VI`2$3YG(FW+5DRK_&B+O:()JB3+4YFM%,N,LSL12-F<YHP.JD
M?-C+^?#7R%=>V&7X);5DL'(8&`PV+TOME'!9H72:>'<XBF$D,9:CRI*YTIDH
M*]0(Z^;"2$J'D2I;?=3B#K4:Q]MT,,1%JHV*A\2=S7]E"`>U3!?/3G6]N<H_
MLX:'E`H/-3938:&6JKVHPVW:WF&B%C';DRN8LN,;9<<V,_MYWR@?OE$^;-/R
MM3?^["K\3/5JG.?I;'@8Y_2'=);76"K^W"JUJ]T,Z\6_/YB]W+!7&_:ZLV4_
MTU_>5/MMCVM=?'V92O2N!X0%XWUG(?F'SLY?(S_VL)#N4V<AW>?.SJ?[TL/"
MT*^=A2F^=1;BOG=V?HH?/2RD^]E92/>KLXV2R3WEK&^W[#QOAX!QV6DLN6=>
M,KM[ZE#"@GO$<(\8[A'#/96%]_=FPW!/C6OO.?^SV9BG_CUHAWF4&_,L>?('
MPW"-\N`:Y<$U(\^9)0'7M'3Q;KRSN3[B&DV!:YXR!:YI4\QTN$;I<,U(5RY6
M8:U-IBG'A%O3M#/%Q325+:8)#[JZ9T94\(P8GA'#,V)XIK+5,V)XIK+FF>-E
MNHW#-#5@-8T289J1Z$RQ\8[2X1VEPSM/28=W-)051U/@'<7AG:=,@7>4#N\H
M'=X9Z8IWHI+)/.7`<&N>=I*XF*>RQ3S:3MP=GH^PX!XQW".&>\1P3V6K>\1P
M3V7!'!A&C%5&8S&,XG"'&.[06-RA.*R@.*R@.*R@.*R@..HN1MTUEKK'N%3J
M<KBW+74["5Q*K=-!ZEI9*K\>#\VP7GY*/89V1JG%*+6FY>(B1JDK6TLM1JDU
MEE(KCE*+46J-I=2*H]2*H]2*H]2*H]2*H]1BE%IC*76,2Z4NAV_;4K>3NJ74
MC<T-`J46N^\LE3_=15+J.I2P4&HQ2JTI*+48I:[L_%:,1J]AP1%47^FH_DA7
M%L;G:;N$$Y0')R@/3AAYSEQA,(>&8@Y-@3D4ASG&%.6E_LOS=%>(4Y0(IR@1
M3ED2S?N+9)IR=+<U33OG6TQ363)#.F?"1R.LFP$?B6$:,=8',4Q3V7HI$,,T
ME04WX!`Q'**Q.$1QN$(,5V@LKE`<%E`<%E`<%E`<%E`<51>CZAI+U6-<*G4Y
M9MN6NIW)+:76.1UUK2R5/]T@4NH1ULM/J<4HM1BEKFPMM1BEKJSM&=-R1-7K
MGX,3J+K24/61YDP_8P2EPPA*AQ&>D@YO:"C>T!1X0W%XXRE38!>EPRY*AUU&
MNK+:3!V3<\H!VM8Y_;AM+/N_'9XW-B\%.*>RU3GI1`KCC*A@'#&,(X9Q*EN-
M(X9Q*GOTPE+#5@,I'08:Z4X[[OP/%&,=)<(Z2H1U1J(S3L0Z&HIU-`7641S6
M><H46$?IL([289V1+K_U9)YRC+8U3SM?6Y:=QA;S5+:8)]^]8IX1%<PCAGG$
M,$]EJWG$,$]E;=6Y29M@EIWZ]]4URH-K1IXSQ<8[2H=WE`[O/"4=WM%0O*,I
M\([B\,Y3IL`[2H=WE`[OC'3%.T'(U3JW#YVKGOZ0SE4[B]8QNS^8O=RP5QOV
M>L/>;-C;#7NW8>\W[,.&?=RP3QOV><.^;-C7#?NV8=\W[,>&_=RP7RM+=2UG
M7&%)J`^%;_Y0/CZP?9)WVP[*XE+1V5)O':A1;S'J+4:]Q:BW&/6N;/UB8?[`
M,Q8887T]P@)B6$`,"XAA`3$L((8%Q+"`&!80PP)B6$`,"U06UDLL((8%(DL6
M*$=5P0+CD<EM.]=:2JVSKKM#CYOEI]2*H]1BE%J,4HM1ZLK*GGH\C#T^2_L6
M2CW"0JDK6W[]8L;%=.DJ0O65CNHK'=47H_IB5%^,ZHM1?3&J+T;U*UNKW]C\
M[B/5CW&I^N7`:EO]=KJU5%\G7E1?C.J+47TQJB]&]<6H?F7E/CI4?^Z13\?F
M5'^$A>JW=%,.&GW$A73^]8L9UM-1?:6C^KMT_O6+&=;380BEPQ!B&&([1;K=
MQR,CK$^!1UJZV9VL$)H"C\2XY)%RTK7U2#L66SRBHS(\(H9'Q/"(&!X1PR-B
M>*2RY)%T2XQ'1EB7B(M!2[=X9,0%CSQ+#T18(4983X='E`Z/C+B0SK]^,<-Z
M.CRB='A$#(]LITB'5GADA/4I\$A+MWADQ,57/`^O3CV';488Z9)MRK'7UC;U
M/&SY--!M8_,E8!LQ;".&;<2PC1BV$<,VE2VVR0\Y<<V(ZJ+AFI9M<<V(BZ*E
M0TY<,\)Z.ERC=+AFQ)U)QZ5FA/5TN$;I<(T8KAECXQ3IPHIK1EB?`M>T=+-D
MK"PC;J;;_/K%#"-=<DTY-@NN>7Q'VL[>ED6HLO(OIH\+QN;7+VY'6']7&$P,
M@XEA,#$,5EFX'F.PRM9-JG_]8H;UEX+#6KK%8=MTZ5*(PT983X?#E`Z'C;@I
MU/&8+BPX;(3U=#A,Z7"8&`X;8^,4:6'&82.L3X'#E`Z'C;ARPWIY<4A>94D:
M$61*YBJ';,%<<Z_;3N06$S7&.A5>^442AV5JQO67CHT,\9$A1C+$20W.WL))
ME2T?+C/#-AK+ED=C\8@8'M%8/*(X#"&&(3060XAA"(VE^F)47V.ION*H=V2I
MWN5D+-1[\YGGVW:@ME1>AVQ4N;+E[.OX/)F/NH^P[@7*+D;5Q2AZ9>OR(<;5
MJ++'3DY;V'(&YBGPP4A7.NJ0OIF))^K?0QX\H9>%)Y8\X2CIM%7`'WW,0Q]+
M]428I0\:Y]J894PT^_(R?"WS-!_^J6'A=>,?I<,_(UUY_V'CGKQ43LJ"E^;:
MT8[5%@?IJ`T'598<E&XZ<=`("PX2PT%B.*BRU4%B.*BR(`W+AAC+AL9B%\5A
M$3$LHK%81''80G$L&XK#"8K#"8JC[&*476,I>XQ;2GUYD4X[O6S4D/7<<["Y
M:-]MV'UGR0CINO(RA'4CO-JPUYW%HF_8V\X>639Z6/#&^\["%!\Z:T?PW`BD
MS[/W@)#H4V<AT>?.6J*T6?[2__S@#PWT@##/M\["/-\[.__^?_2PD.YG9R'=
MK\[&^Y_U2V8J1V^;=8.M"W_(%HKG=*=U#`N)8:'*DH72I@H+C;!@(3$LI"G>
M;!@6JG'G)7S7PX*$6$A38*&1KJR\S],N]F/_>\B#@Y0'!XT\9RX(.*F&\4-#
M78VO@\T/@V(>38%YGC(%YFE3S'281^DPSTB7WGGR3CFXVWJGG>B%:\[E13SE
MZ]ZI+/DD'6-@IQ'6E<$[8BP_8GBGLM`;>$<,[U06BHE1Q#"*QF(4Q6$.,<RA
ML9A#<3A!<3A!<3A!<3A!<91=C+)K+&6/<:G4Y?PME'IWS6E'=$O1X[%=+[H8
M%:YL,8*_GA?"NA$H^AC:&477%!1=C*)7]NB"4<."-_"!TN&#D:ZTS5QQ3V\<
M2R@-EE`:++&D23LPW-&'/+!1[0'AY6*5/F@L+EAES'-F7<(]-2RDPSU*AWM&
MNO+N#_,L+CFI',D]XJ1VX+<XJ;%E]R*&DRI;G.3OXX6P[AJ<-(9VAI,T!4X2
MPTF5/>JD&A:TQ$E*AY-&NJ+E5?(`5E(>K*0\6&G)<YDN87BICWG02YH(+_5!
MT4MCHO->4CJ\I'1X::0K[S_\<SW)2^4\+WBIW_1<7K3#O\5!.A!D\U+9ZI:T
MQ\-3(ZH;@^N/&`82PT"5K=<?,0Q46=NOA:]SG!8/KD7U[ZMSE`?GC#QG"H&!
ME`X#*1T&>DHZ?*2A7+$T!=91',O04Z9@&5(ZK*-T6&>D*]8)0B;KE&.XK77:
MJ=YBG<:6Q:>RU3JWWKN,L.`=,;PCAG<J6[TCAG<J"][`+V*L-!J+7Q2'.<0P
MA\9B#L7A!,7A!,7A!,7A!,51=C'*KK&4/<:E4I<3N&VIVQ'>4NK&EE*+L294
MMI3_^44ZG6*9&&&]_)1:C%)K"JXS8I2ZLD>O,S4L.(+J*QW5?THZ#*%T&$+I
M,$1C_/>T![C.SZKPAX;A#Z7''XK#'Y6=?_-81NFPC-)AF<;XKUYM<E`Y@PL.
M>NRIS^5%.\A;G*7#/:X_E2TNRD]?\-J(ZB;"6&(82PQC5;:N(8W%L_H>^,@/
M"O2PU5G.A[4J/)\/:]6PD`]K.1_>&OE*L:Z.::7%66W4[%R<I>PXR]FQULA^
MYK*)M90/:SD?WAKY\JM-SBK'?/\M9[6SPL59E2TNNDJW'WAM1'47X2PQG"6&
ML\1P5F6KLSKC`"$\VDROA66LQO&]\B(/:J4(KE\U(OB"%>Q)V;'>DOW9C1X:
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M.[_3P!IUAB`IUFB,S<7#*R!NJ6'G9\!`F@$#/64&/#5F..UNO$RU@(<?7?2)
MYG$Q;GO*Y!AP3!Y52'V.)UNV.0.>?,H,V'3,D-]>\FPYU`R>G:M3.P&-5]+R
M88KR[Y9RE#6*]SS_3!A.'6%]Z;C?,)RJ.)PJAE,K6YTJQO)46?`;'A3#@QJ+
MX12'N\1PE\9B)<6Q/"F.Y4EQ&$9QN$-Q6$$,*V@L=8]QJ=3E!');ZG9<N92Z
ML7F)H:Z5I?+/Z^'IND:I1U@O/Z46H]1BE+HR_M/'LBB)4>K*UE*+46J-I=2*
MH]1BE%IC*;7B*+7B*+7B*+7B*+7B*+48I=982AWC4JG+`>&VU.TT<2FU3A@I
MM1AUK2R5/STYIM0CK)>04HM1:DU!J<4H=67G+P4T>@T+CJ#Z2D?U1[K3WCH_
M]W8:C*`T&&%-<YUDP!4:A"LJ"Z\15R@.5XSD<YWU9V1Z6$B'490.HXQTI[=\
M/<^YDVO*V>#6->T@<7&-#A=Q367)(>EX'B.-L.X07".&:\1P365XOX_%-6*X
MIK*@#181PR(:BT44QP(AAB\T%E\H#BLH#BLH#BLH#BLHC@5"C+IK+'6/<:G4
MY3QP6^IV>+B46@>*E%J,NE:VE/]X.]UVNCY0ZA'62TBIQ2BUIJ#48I2ZLD<7
MB!H6'$'UE8[JCW2U6]*N#"LH$590(JPP$IWI8MRAH;A#4^`.Q>&.,45YK9M;
M7R?"*DJ$599$_$-58UU,OBF'@EO?M-/"Q3>-S5[%-V+XIK+%-\\O[)L1%GPC
MAF\T!;X1PS>5/>J;&K;Z1NGPS5/2X1ZEPSU*AWM&NFK#49!3%V$;C<$VRHUM
M%(=M1NXSSF2=43K,HW289Z1++S5YIQSZ;;W3CPC'FO[;Y:&RY(EIRY,*V&F$
M=4]@)S'6'#'6'#&\4]EZ>1'#.Y4%4W!Y$6.!T5B,HCA<(88K-!97*`XG*`XG
M*`XG*`XG*(ZRBU%VC:7L,2Z5NIR:;4O=CMV69:(?Q8WR4]?*EO)?AD_W]EN-
M$=;+3ZG%*+48I:YL+;48I:[LT66BA@5'4'VEH_HC76D6/0+""DJ$%90(*XQ$
M9YH8=V@H[M`4N$-QN.,I4V`8I<,P2H=A1KK\UE?W7*:3U'$F<?I#.C'M+%YD
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ME+JR\]U"]6M8<`355SJJ/]*5;LF_/HT3E`<G*`].&'G.7F0\%'-HBF^=!:-B
MCJ=,@5^4#K]4%M+AEY$NO?/DG7)XMO5..VE;O%/9XI/C(9UK8*<1UCW!,B'&
M,B&&=\3P3F7A[>$=,;Q363`%1A'#*!J+412'.<0PA\9B#L6Q3"@.)RCN6V?A
MO>$$Q5%V,<JN.2A[C$NE+L=?H=2/?CR%7QO1=SLZFTLV]:YQBRTVF]09UFV!
M!<;0SK"`&!9H+V5.BP7$L$!ECRX?-2PX!5<H':YHK'_VYRI\7OFT*&(2I<(D
M2H5)*FO7[6/^L"Z.T2`<H^0X1G$X9B0_LSQA(J7#1$J'B1IK;YO/V<X;SN2I
M<K3VW_)4.Y];EI7*%O]<SP^&MUO<\N^RU(=NW2JL*F)82@Q+B6&IRD+G8:G.
MN-B.)WO^9[Q['!^UB&%IO\3B4].M-GO2%%BOQO7/OESEDW6<I^PX[TG9<>.2
M_<#WP/*YRL@T]G7843-BQR?-B$5KW,.?3G%RS/FDY!BVQC6QKJ[#[V<EOY;S
MO7-^S1].X<-O7@,K6_QZ<^O+X`@+AA7#L&(85@S#5K8:MK+PR0S60#&<J+$L
M>(K#=6+X3&/QF>+PE!B+FL;B(C%<I+$X1HP53&,QB>(P1&3)`N64+EA@WE6W
M([UE::JL_),_8SUX?I$^5,@5<(2%4HM1:C%*+4:IQ5B;Q"BU&*46H]1BE%J,
M4HM1:C%*+4:IQ2BU&*46H]1BE%J,4HM1ZLA2J<O)7"CUXSN>=KRW6*"QN?6@
MWF)<B\2HMQCU%J/>8M2[LO4W5\+"=KHL8H$1UJV'!<2P@!@6$,,"8EA`#`N(
M80$Q+""&!<2P@!@6J"RL>%A`#`M$EBQ0SMJ"!6:WMX.YI=0ZK*/48I1:C%*+
M46HQ2BU&J2M[Y(<!0U@H=1W*CJTS2KU-EZY/5'^$]:%47^FHOAC5%Z/Z8E1?
MC.J+47TQJE_96OW&YB<OJ7Z,6ZM?[@.VU3_](9V@=A8;W>S^TNSEAKW:L-<;
M]J:SY=>[CL_28[^W(:R7ZUUG/('H['UG:SK],&`(ZT,_=A;2?>IL39>?0'P.
M83W=E\Y"NJ\;]JVS-,6\Y3BM=-]#6)_B1V>+1WI]IBB_UKCDD7*PMELAKMHI
M7%PA.EL\TN(FPR-B>$0,CXCA$3$\4EF2*-UPX)$1UB7"(RW=E`./C+BYK3GJ
MAP%#6$^'1Y0.C^S2Z8<!0UA/AT>4#H^(X9'M%.G#P7ADA/4I\$A+-^OSL[-5
MSV.ZY\0V,5VR33E?V]JF'<8MMM$!W=WEE1BV$<,V8MA&#-N(89O*EK>9OVR%
M:T94%PW7M&R+:T9<<,TQ/7OYT(<R:4^':Y0.USPE'2O+".OI<(W2X1HQ7#/&
MQE></J.&:T98GP+7M'2+:T;<3.<?!NQ#JP#)->5X+KCFT1UI^6)4_GV5QA[Y
M8<#+&=;?%0:KZ1C:&083PV!B&*R]E*D(!JMLW:3FKZ;AL!'6I\5A+=WBL!$W
M!3X>TZ40AXVPG@Z'*1T.&W$Q7;JPX+`1UM/A,*7#86(X;(R-4Z2%&8>-L#X%
M#E,ZUJ41=SJUOPC?LCE=!5F21@29DKG*L5TPU]CK7K7SO&5):JQ\4'K<VA[S
M]^58IF9<?^G8R!`?&6(D0YS4X.*DRKAQ[]-@F\;FYA;;M+&+;306CV@L'M%8
M/**Q&$)C,83&8@@Q#*%\5%_YJ+[&4GV-I=YQ;*IW.?7:UKL=FRWUKFPYM#H^
M3\=^E'N$]3)0;3&*+4:MQ2AU96&#QJ(A1JG%*+48.Q<Q2BU&J<4HM1BE%J/4
M8I1:C%*+46HQ2BU&J<4H=62IU.4\:UOJ=B"VE+JQV5[4M;)4_K1_HM0CK)>?
M4HM1:C%*7=E:ZLK*&<U89#;GZ6TH._?3AQKREY"P0LLSOP&$%9Z2&W?4L);;
M_V1Y#^`VLK]GK/*4W+AGY(YO+ZW^&*IEFS-@*#$,]919\=A39L5VF@';/64&
MG#AF*/6X>?#G,:[*V5NP9=W.+-_T.X7D.^UZ9!><@D$K2P9-.W(,.L)ZL3"H
M&`85PZ"5A6E9B\18BRHK]Y'!M*FJ>+*&!=_@2:7#@(WUAXC'?/?,:J546%"I
M\%MEW<OI'!JC]3&7IT;ZE]3?N$X3X;H^:/@?BXV)SDB`Q90.BRD=?FIL2!!^
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M:&%!2:JO*:A^8[U?#OGX#S/4D)`*,R@59JCL_"O#'TJ'/\3PAZ;`'T^9`LLH
M'991.BS3V.[-)P>5@\+@H,V^^+J=+RY>:FQ9-L3P4F7)2^E<"R^-L.X;O"2&
MES0%7A+#2Y6=KQ@K20T+!L!+2H>71KIR+?</)SL/1E(>C+3D21V%@?J0ARX]
MG@<W]4'ATC/G.7OI<3K<I'2X:7G9M_-.)UFIG/<]8J5VD+A8J;'%2F)8J;)D
MI73]QDHC+%A)#"MI"JPDAI4J>]1*-6RUDM)AI9&N6.DR7519DY0'*RD/5EKR
MY'^5!2_U,0]Z21/AI3XH>FE,=-Y+2H>7E`XOC73E_5\]M"N^+F>)P4OSPM8.
M(Q<'-;8XJ+(RW;@S/H9-^&G+C*E&6'<+#A)C,1+#096%:S4.$L-!E05KL/*(
ML?)H+'91'!81PR(:BT44ARW$N$:)X03EXQJE."Y(8I1=8RE[C$O+1CE+#*7>
M78':<>-2]'@$V6Z`KL6H<&6+$3:_Q#W#NA$H^AC:&477%!1=C*)7]NBR4<."
M-_"!TN&#D:ZT37[\BR>4!T\H#YY8\CR?2_E)0?S1QSRX;&@BS-('Q65C3#3[
M;W,WW8:&]X]_E`[_C'3E_1]N'KSW*<>!,M/Q#^5CM[M_8/?RNIX?+M\QZVQ9
M3UK<9%BKLL5:FY_FGF'_G[(S2XYDV9'LBFYUDD$FF2(E+<*;\SS<X0V_]=,K
MJ/7WL3"##3A&CWA?*:()J'F8*N#N<(]@V`AK]=3`L):6P%H-6QXV-;`\7^N]
M37M+CZFYT][B+?-AK@K"=][<4WK4@KO$A+O,A+T6IOPW@K!72^*1=5G*4S^O
MA+V\$LVHKW2P!_2G&C;M`?XR'P;K?.<]>!S7%:E;E?G@9+!Q8FJ#PZ5':<#(
M'9<PC"2,LU#%DKG2F!0C];#)2*+#2!5;?=3B^.'`\J'O\]O"6*AEC<<!6$A,
M.*@Q\:/%9Z;;/%?!0Z+"0Z+"0HVJ'11SCSXXBQXE)LYAPO"-V+'-8#_VC?CP
MC?BP3>.+#_YJ^O&49)PR#]P:IPT/%^-4+(F?NC5>ZF$A/EX2AI>$81QA=*"*
MK5<TPCBY58R36U%;DVI\4P.FLL,W(L(WG>A`#;PC.KPC.KQS#1U=2'082!@&
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M#%3&BE,7ZA<_]VW>./>>ABT&>LA_MN[U[0B;'%3I2`T,!PG#0<)P4#N4D?MA
M@^&@&C?M#I81]CFP:<>PC.+PAS#\4;$I%W\H#C,(PPS",(/X,(/B4%X8RBL7
MY>>X)'69^6VE;@/"16H-#=&U8DG^-.]Z,X5-4O?4P)!:&%)K6:06AM056Z46
MAM3*16K%(;4PI%8N4BL.J84AM3"D%A]2*PZIA2&U<I%ZCDM2EY'<5NHZJUON
MC>\;-LH+J86A:\62_&GD357WL$EJ84BM)9!:&%)7[+@U4N@U;'($ZHL.]3M=
M.;%./\-Y/L?@!/'@!/'@A,YS<+[''#TL=@-S:`G,H24P1\\MA_I;_E8Z3A$1
M3A$13EF(GANTW)>!WM8T;?JW]`=-!#&-,$PC#(<(HQD(PR'"<(@P'"(,.PC#
M#L*P0\4FVV`!Q6$!85A`&'H+0V]AZ"T,O84AL3`D%H;$,Y::01FT3;K6&XW[
M_WIX;H!V7R=S:Y-HV-(DA*&W,/06AM["T%L8>E>LO"K1!V,/_B+J"(LRPP(]
M-3`L(`P+",,"PK"`,"P@#`L(PP+"L(`P+"`,"U1LNN3``L*PP(PE"Y11V&2!
M<947@[-^6?;[[7W#%JF%(;4PI!:&U,*06AA25^S2%U%'6,B*U#5U^2+JB)N=
MDZY64+^O&G2H+SK4%X;ZPE!?&.H+0WUAJ"\,]2NVJM^P\34$U)_CDOIEHK55
MOXVZEL;>L$5]8:@O#/6%H;XPU!>&^A5;OBVV^2+J"`NY4+_1C>V@T'=T_B+J
M"`LZU!<=ZN_H\AN0&**'!1V&$!V&$(8A>N[LUS1`P2,]+);`(XUN:$:'T!)X
M9(Y+'BE3JZU'VHAK\8C&7J]Y6`$!`X=Q#'A$&!X1AD>$X1%A>*1BR2-CKG^^
MA.-ZH(?%%N&11K=XI,?-.YZ&TW2('A9T>$1T>*3'373^(NH("SH\(CH\(@R/
M;)<8PZ'S!N"1'A9+X)%&-_3!(SUN/N(T$<(V/0RZ9)LRIMK:ILVT%MLT;!P"
MMA&&;81A&V'81ABV$89M*K;8QE]$'5&Q:;BFL2VNV;`]Y#?1<$T/"SI<(SI<
MT^-F#=(\E\[2PX(.UX@.UPC#-3UW7F+<!H1K>E@L@6L:W9`,U_2X0;?Y(NH(
M@VYUS<LTM;QX17I.2-/,AI573/N5(6?!]='2Z]L1%I_JS09[N\'>;;#W@4U]
M[D-@ZT6JOXC:#H6P.)1/D3K]3,'GP!)=^F1?IK"@^QK81/<ML$273BS?I["@
M^Q'81/=S@_T*+"V1&O,?4U@L\6=@TQ)_!09=N?&]W7P1==G*9*XR`=NUI)=M
M7#:WI,#6+Z*^2)N#BUKN=$^$C0SB(X,8R2!.:N"H+9Q4L>69KC%LHUQLHUP\
M(@R/*!>/*`Y#",,0RL40PC"$<E%?&.HK%_45]_>*);W+&&S2>_,<[66;GBW*
M:Z*&RA5;)US3MX7.C1+=>UC8&-F%H;HP1*_8VCZ$?8RX2U.O1C>-+_"!Z/!!
MQ:`[3[W2%0.>J/\_\>`)\>")E2=5./Z(G.<>IWDAS!))O2]BEK[0W-W3>OBG
MADW'C7]$AW\Z7?G\TTN#R4ME4#9YJ=\GOVQ3M<5!FK3AH(HE!Z6;3AS4PR8'
M"<-!PG!0Q58'"<-!%9NVAK8A#+LH%[LH#HL(PR+*Q2**PQ;":!O"<(+X<(+B
MD%T8LBL7V>>X)'49F$U2[]I&FZDMHL]SMG,_0'1A*%RQ9(1T7J%M]+`P`J(+
M0W0MP;E"&*)7[&+;J&&3-_"!Z/!!ISN?B.^3D3&%B#"%B##%0I0N/?%'I#S;
M-K0.9HFDN6WT=8[;ANCPC^CP3Z>KGW_<&R8SE=';!3.UZ=QBIGEB%V82AIDJ
MELR4FB%FZF&3F81A)BV!F81AIHI=-%,-6\TD.LS4Z<IFWN0_68F91(291(29
M%J)TJX29(N59,VD=S!1)LYGZ.L=F$AUF$AUFZG3U\X]B2F8JD[S)3.,DU$9\
MBX7FL5]8J&+)+L.[<1G3P\(N6$@8_4@8%JK8>A(2AH4J-GF#DY`PFH]R\8OB
ML(@P+*)<+*(X?"&,DY`PK"`^3D**XR0D#-V5B^YS7)*Z#.0FJ7<GH3:S6T2?
MYW@ANC#Z1L46(VQ>E!]A801$[ZF!(;J6H&\(0_2*7>P;-6SR!CX0'3[H=.>Z
M22<//"$>/"$>/+'PW*8Q%_Z(G&?[AA;"+)$T]XV^T''?$!W^$1W^Z73E\Y_&
M'"!YJ4SI+GBIS0`7+S5LW(5R02,,+U5L\=+FS?@1%K[!2STU,+RD)?"2,+Q4
ML8M>JF&KET2'ESI=V4O_K'G[_XD'+XD'+RT\TW<7SM6(ER+G62_5@&DAO!1)
MLY?Z0L=>$AU>$AU>ZG3E\[\:EQ#)2V7$-WEIG(+:/'!QD&:$.*ABR2VIY#!5
M#PMG<`H2AH.$X:"*K:<@83BH8CCHW#ZF^CEKQ?FH!DQ2T(=$A'<ZT8$4M"/1
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MC^APC^AP3\-V1YL,5`9]DX$N/EIZ:-/"Q5B:(+Z^;7&KL<8M7+NG&E&3L2H;
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M9\K%9\K%4\K%1<K%1<)PD?APC/CH7<K%),K%$'-N<D`9-LH!RX]CEO=_\Z][
M-VS1_/%%>EQ(@ZJIJ^C"$%T8H@M#](JMHE?LTJ^WMM3C*PVLT=C&NQ<TJ6M6
MP"TU['@%#*05,-`U*^"IOD+I&K<OTJT.!JL!-\]^R3X6&A\/MUVS.`;LB\_G
M@53G>+*QC17PY#4K8-.^0OYXR;-E4#IY=MPWMJGJTITJEIR:&CQ.[6'1)FA/
MPG"J,)PJ#*=6;'6J,-I3Q:96A`>%X4'E8CC%X2YAN$NY6$EQN$<8[4D8AA$?
M[E`<5A"&%92+[G-<DKK,-+=2MP'H(K6&HNA:L21_*ARD[F$A/U(+0VIA2%VQ
M56IA2%VQ56IA2*U<I%8<4@M#:N4BM>*06AA2"T-J\2&UXI!:&%(K%ZGGN"1U
M&3ENI6[SR45JS2R16ABZ5BS)G^[SD;J'A?Q(+0RIM007R,*0NF+'IP(*O89-
MCD!]T:%^IRN-,=U,8@318`318(2&Q=WQS?074]L\VE3X0O3X0O3XHF+''QJK
MB`ZKB`ZK-*P?[715GIQ3YHU;Y[3AY.(<#2QQ3L622](^8Z8>%B[!.<)PCC"<
M4[&U20C#.16;+(%-A&$3Y6(3Q>$-87A#N7A#<30)89A!&&80'V90',H+0WGE
MHOP<MTK-/<U>ZO-_I)%Q8&.@\OK6V)O`%OD?IE]S.=?&VRDLY'^WP=X'MDCM
M93]&W'&]?(JPR1&?`YN6^!(8=*5)W.0OG7R-@(GH6V`3T??`CH_KQQ06V_$S
ML&F)7X%-2_P16#O6WW2P?T;$Q/178!/3WX$]>[#)/F4^N.L4CVUP.'>*ABVV
M>'R1+GAQ5$TE+/8!1PG#/L*PCS#L4['I4W[88-BGQDT[A%>$X17QX17%80]A
MV$.YV$-Q>$$87A"&%\2'%Q2'^L)07[FH/\<EJ<NX;BMU#/>Z7K_?/C9L:(BN
M%5OD?_E*5XXC+.1'ZIX:&%(+0VHMB]3"D+IBSYK\W*!0OX9-CD!]T:%^ISM?
M3J2Q*TX0#TX0#T[H/`=WA)A#=)A#&.;0$ICCFB7PB^CPB^CP2Z=+GSQYIPS0
MMMYI$[BE351L\<G#3;IXP$X]+#Q!FQ"&=X3A'6%XIV)KFQ"&=RHVF0*C",,H
MRL4HBL,<PC"'<C&'XG"",)P@#">(#R<H#MF%(;MRD7V.2U*7T=A6ZCHSF[[(
M09MHV-(F*K;(SRM\Z]>+D+J'A?Q(+0RIA2%UQ5:IA2%UQ2ZVB1HV.0+U18?Z
M#8L+\+N;\4K1N>-@!E%A!E%AAHJU\_VKN_0SDSA#1#A#&,X0.<[HY`=M"+.(
M#K.(#K,TK'ULG@:,CYV\4^956^_40=;JG88MWJG8XIW'_+XKWNEADW>$X1UA
M>*=BJW>$X9V*3::@30C#*,K%*(K#&<)PAG)QAN(P@S#,(`PSB`\S*`[EA:&\
M<E%^CDM2EQ'5)'5]7'SPX[+EUPGRT#RPQ0*:AZ%WQ59;W*2:H7WTL+`%%A"&
M!;0$5QD-6YX7-_#X^2ZVJ+F35;"%^?!%!8_YL(KXL(KY\$KG.]_AI*<-^*8E
M/3O]]DJ8R"OAHK[2<4NI8=-.8"SSX:S.EXX\N:Q,Q^2R@U]@>6PCMN5ZI&*+
M>_)/`KV^;9E$A7GP7<\,#),)PV3",%G%UCX3&%?I1X^.6V[Y>VY36+K1PG>5
M;MIM?'?5$EBQQG$;?A;@Y5TZ0>-"L>/"J]@QYL+.W_&V-<5.2Q.&&Z]:$8/6
MN'A^O+N!%CO>O(H=N]:XMENGA\?Q>9)ARXSNR+#Y^?%C&^HMAJW88MC[5TD@
M'-O#PITX5AB.%89CA>'8BJV.K=CR`+G%31A65"Y65"ZV$X;1E(O1%(>IA-'A
ME(N-A&$CY6(989P9E8M)%(<A9BQ9H`SKP@+\\9G^,.ZQ3?86J2M61KN]TA_S
M;T\C=0^;I!:&U,*06AA2"^,,*(R+(&%(+0RIA2&U,*06AM3"D%H84@M#:F%(
M+0RIA2&U,*06AM0SMDK]:AZ^SE*?_R,-7QM6?B5[2'TS&LGY#N+U[0@;4AM[
MNXE[M\'>;[`/&^SC!ONTP3YOL"\;[.L&^[;!OF^P'QOLYP;[M<'^V&!_;K"_
M-MC?&^P?&^R?&^Q?&^S?&^SI:0?^O@-W5GAZLXO<F>%IYX:GG1V>=GYXVAGB
M:>>(IYTEGG:>>-J9XFGGBJ=DBU1U9<:Y:["OVD!T;K`-2U6GMQU&V%1UE8[4
MP-AH8>RS,+99&+LLC$T6QAX+8XN%L</"V&!A[*\PME<852>,JA-&U0FCZH11
M=<*H.F%4G3"J3AA5)XRJ$T;5"2M59Y"J,TC5&:3J#.[,4*K.D3L[E*ISY,X0
MI>H<N;-$J3I'[DQ1JLZ1R1:IZLJD>%MU;:R\5%W#;GKIL*_"V%9A[*HP-E48
M>RJ,+17&C@IC0X6QG\+83F'LIC`V4QA[*8P2$T:)":/$A%%BPB@Q8928,$I,
M&"4FC!(31HD)H\2$E1(S2(D9W%FAG-@<N3-#*3%'[NQ02LR1.T.4$G/DSA*E
MQ!RY,T4I,4<F6Z02*U/YJ<0N?@7C51OM+Z6G<3_[+8SM%L9N5VS]-:K\F['L
M?P^+$R/;+XS=%\;F"V/OA;'UPMAY86Q\Q:9?P6+?A;'M#1OC':I1&-4HC&H4
M1C7.6)*QS,LG&?L-X*LV2%_DTL`=N80AES#DJEB9I?4[BH>7Z5TNY.IADUP5
MFW[W%;EZW$R7Q@XHV,."#@5%AX(];M`]YB]!(&H/"SI$K=@J:HMC)#T^;'XT
M@,X]+.C0N=$-[=&YQPVZQ_RG(Y&^AP4=TL]T2?HR,-]*WZ;KB_0-&X>%],*0
M7AC25ZP,Z/MN/.9GK$C?P^+PJ=1&-][_1_H>-].-QSSG>U.D[V%!A_2B0_H>
M-^@>\@]Z(GT/"SJD%QWUW.,&W>--^L(-TO>PH$/Z1C?V&.E[W`$=TO>PH$/Z
M1G?>NR1]F6AOI:^C[N79UZN&C<-">F%(+PSI*Y:D3\-AI.]A<?A(W^@6Z7O<
MV`W]*B?2]["@0WK1(7V/.Z!#^AX6=$@O.J3O<8-./YF)]#TLZ)!>=$C?XP[H
MD+Z'!1W2-[JS9$GZ,AV>I+]\WFYCYZ4;5.S2KW*^ZF%Q:+BDT0TWX9**K:?R
M_,N:N*2'!1TN:72+2WK<V+B'!S>('A9TN$1TN*3'S72IHG%)#PLZ7"(Z7-+C
MRL,,?O8RG0,Q2(\()@PB)@S2X_9,>*-'!!/>F)F2-\J@>/+&N!BH$^2U+30,
M<-Z7]#X2K6+$Q4'@@@8N+JC8]%`3R1MVU^_-D+SE+I(KERZ@7/15+OHJ%S&5
MBYC*14SE(I]RD4^YR*=<!%,N@LVY2;`R[MT*5N?`JV`-&WN..!5;OG[U>),T
M1"ZE4K2;5'Y[?'UU!@5KV/%K+8BJ%3C17[,".E^S`M)K!:2_9@7<T%<HA9;J
M%6.(&6-<PXQ7CIBQC9BQS37,..F(&5,U9E\<G%ZD!P7U##%_J;"&K(\,.C;9
M*[#57K?I78@W$38]S'N[P=X%=L%+$3;1?=A@'P-K[S7=I9=#/\7_3SR?-]B7
MP(X/ZVN$373?-MCWP)XYK!_Q_Q//SPWV*[!G>/Z(_Z\W+DM?X1'XVE=V%J@C
MN;G#U#1LL5B@QB4+I"=)6*#1C50L(`P+5.QXK]]'V'0D6$!T6*#3E<I^F1H?
M%E`.%A"&!3K/.!?RB_IK,\0"2L4"PK!`I]L=%A90#A80A@4.>;!`R]EU@3(/
MVIQ:3B_:H&BZ'@QL>0G@(?^.SNLIK%\)!#8IA?!MB6$&A*_8]/X(*BL.E86A
MLG)15G$H*PQEE8N,BD-&8<BH7*13'-()0SKE(E>+V\E51CQ;N=KL9Y%KG@?5
M1[FG%Q5;ZI0_`K`ZF#I5*G()0ZZ*7:Q3I:*@,!3L=.=+W70MCYK*04UAJ-EY
MCNM4J0@L#($[W>ZP$%LYB"T,L0]Y$+[E[(0O`YZM\&WRLPA?L;5.]3OXIQ<]
M;*K31C=J$N&%(7S%UCI5'"H+0V7EHJSB4%88RBJ7.E4<,@I#1N4BG>*03AC2
M*1>Y6MQ.KC*4";ENN`C[?XS$;IY_2?#THDUQ%AD;-K2@MU9LJ=_'_/.7U*]2
MD3&6>-GOLM"Q@L>O?]*"Q8>TYD/;:_B06WS(;3[T;N#-W?FE0'X$/#TG1WYQ
M(;^YT/\2%W80%W8P%WY(7`_YE@A[M)"=/<K@YC^R1YOT+/:HV%+E^OFA$W_Y
MOKSC3-14Y(UM8+@C,*X5^OC6-WH1=_P>*(8)NKXLA@GL<`D\5./:>Y,WIW1]
MA7N"J)/CGL`.R3%4C6NO3>*G=)+!3\'4V?%38(?L6&QE?WA(=Y$X+)@Z.PX+
M[)`=TZWLCZ_2>1O/-::=Y\I`Z,ASZ370$]^MR&_'![9Z+NE#DZJ9J^<:V^*Y
MBDUO;=*0A&$FY6(FQ6$<87A%N7A%<?A"&$Y0+DY0'*H+0V?EHK/BT%08*LZY
MZ9:M3(DF%6-V=WK1QD=+AVC8V'.TJ=AR`LDW1)P_E$F'V&3N&D0-NWA)J!70
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ML:!ZS-]&^Z.'[`S`M<=<_IM9X$T)R59HV#BXUZ<6MUCA\3;-7?&"4O&",+Q0
ML>,=?Q]ATX[C!='AA4Y7RB1_Z0HC*`<C",,(G6>^7D[70AA!J1A!&$;H=+O#
MP@7*P07"<,$A#Q9H.3L+E+G3[@Q0GOU)^(HM5X+^1OVII2Z7@D$W/(/P;8F!
M(;PP5!:&RL)061C*"D-982@K#!F%(:,P9!2&=,*03AC2"4.NANWD*M.B2:Z+
M,P9*PS(V;.P[]5NQI7[];?D(FPH.&46'C!6[6+]*15EA*'L-'6(K%;&%(7;#
M6M?DQ\_220OME8;VPM#^$A564!I6$(85,I7'"Q&R<T893/U'SFB3K/D2CXE+
M<<M2X+E;XI4>-<8+#>,``\,8;843[>=HO-#B+HT7.EU?`K-<M00&JG'Q-=/;
M_&8&W@FFSHYW`CO\`/AI8;_C^^KK;!T[!5-GQTZ!';)CL87]_BY/`'!8,'5V
M'!;8(3NN6]A?WKQ,CW!I1XUI9[HR[CHR79XOW,1<K1_I[Z>&+:9[O$T7LKBN
MIJYGE4:WN*YBRX"AY4X89Q7E8B?E8AUAF$6YF$5Q&$,85E`N5E`<L@M#:.4B
MM.(051@RMMR=C&6"-,DX;@3::&GI$0T;>XXV%5O.'O=Y#L;5GU)I$IO4S82A
MA5T\H6@%1+UF!72N8<<K(+U60/IK5L`-+;6==NY>W*=GY9A#[)CC&G;\<HD=
M^X@=^US#CJ-6]IM7^?DA!FLA.X.5X=;68&WJM1ALGH2U1Y@W%5L,]GB;VBP&
M4RH&$\;E2<6.M:9%*!4W"<,ZU]!A':5B'6'XI-/5FWI?G"@)EPC#$L=$&$))
M&$(8ZB]$^4>4D+[E[*0OTZ>M]&TLM4A?L>54<)=O:6DW/2PN-I"^T8VVA/3"
MD%X8.@M#9V'H+`Q1A2&J,$051K4+0T=AZ"@,Z80AG3"D$X9<,[;.FLMSR[U<
M;8ZTR-6PY4GBXVUZNH)>(VX2S""*&40R@VAF$-$,HII!9#.(;@81SB#*&40Z
M@VAG$/$,HIY!Y#.(?@NX"GC[W%#O_!]IDA-8$C"]Z?GZ-,4-`3?@VUWDNQWX
M?@=^V($?=^"G'?AY!W[9@5]WX+<=^'T'_MB!/W?@KQWX1P*3@%RPCPJD4B^]
M1G!;$K*P#1O=$!&%O=E@2%CCUE?V]>V[*2PL@:8]-3`D%8:BPA!4&'H*0TYA
MJ%DQ^EJLBYC"T+)A8UN04AA*"D/(&4N2E8%-/\<]CD'Z;9ODS$TSL'$,2*,I
M$-((0YJ*7?BFW106VX$T-77^IEU@B2Y=5:%67S7H4$MTJ-7CQNV^OVDWA04=
M`M;45<!&QWU+GQX\Z)MVD<KWD((.31O=V&,TW=#YFW93&'1)YC*@V<K<)C>+
MS)KP(+,P9!:&S!5+7ZU*NM!6>UA\<F1N=*,2J,`>-S;R,?]F)#+WL*!#9M$A
M<X\;=/Y6W106=,@L.NIT0^=OU4UA08?,C6Z1^1HZJKF'09=D+O..K<QM$++(
MW+!Q",@L#)F%(7/%DLSI:0(R][#XY,C<Z!:9>]RL2WH$@\P]+.B0673(W.,.
MZ&C'/2SHD%ETR-SC!IV_03>%!1TR-[JQQU3S-73(W,.@2S*7><@D\^7S;!N@
M+/)7[,*WY4ZW/2P^%8YH=.-3X8B*K:=>?5MN"@LZ'-'H%D=LZ=+E.8[H84&'
M(T2'(WK<D/#A(5TLXH@>%G0X0G0XHL>5VUR^+9>LRNFZ1P039A`39NAQ>R9\
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MADDZ79%P^I,\YZ/''<K!'<*P0N<9GW+S=2>G8@G1H7^GVQT6!F@YHZ]A`/&@
M]G,\2>XR&;D@=QN>+'+'0*5W7#I'Q9+<:6)/4U<J<@M#[HI=E%NIR"T,N3O=
M^92G5YN<@]SB0>[.<RRW4I%;&')WNMUA(7?+6>06#W(_Q[/*77;S@MSGD#0=
M"6R4Z.M3PY+<Z6+\381-;?SM!GL7&*SGC4A/,]_'_T\\'S;8Q\#*T?6FHW+\
M%&$3W><-]B6P8[JO$3;1?=M@WP-[YE/^B/]?VGM9NXRKQN;_BCCS)+G+"&:J
M[GZI5MXPR".PABW/$DY)!V2OF<M3Y6`;1XC&\_3GW%+16!BZ"D-78>@J#!&%
M(:(P1!2&8L)03!B*"4.EALU%&=C8`U2:<Y,R9;BR5:9-8N9NR\_`)P>@0\66
M\MM\1]&I2",ZI*G8L<]12ZFH)0RU.MVYFM,#.913#LH)0[G.<U#-B*E4Q!2&
MF)UN=U@(VW(68<6#L,_Q))'+S&0K<IO#+")7;"F_!W\?L3QYJ&\<Q;T./;;1
M#>\ALC!$%H:BPE!4&(H*0T5AJ"@,%84AF3`D$X9DPI"I88M,BD.F&4O2E#G'
M),W%8<:IS506R1HV]OWUJ<4M=;GY[F'0C50DBR7F[QXVL'R4Y\]GR*A#04;S
MH6,%C_F05GQ(:SZT;2`O/9UKZJ7?T8B0\5F1VEQH?8D+Z5O((KVYT#YQS=\^
M2%8HHX[_R`IMHK)8H6)+]?I[AJ<>-15O8QN[@Q,"XP0RJ9XF1Q1TC6M?`LRO
M@.&*X.F7Z;@BL$-NC+)PW^0_T8U%@JB38Y'`#LEQ38WK7S"\'[>CYVL%^D,P
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M<XODLD^IV$@8GJG81<\H%<\(PR#7T&$0I6(08;BATQ4WO+I-)SG<H"3<(`SI
MCXF07DE(+PR=&Q;?$;N=3JQ)Z3)UV2K=1C2+TAK;H'3%%J7]A<`6-4T`$%IL
M"%VQBT(K%:&%(73#8A_N;M)Y%)&5ALC"$+EBQT>&U$I%:F%(W;!GCPRQE8;8
MPA`[4<TO3*QBEV>6L]B;R?@Y),W.`ANM^/6I88OLFR__.?5MI$Y>>!?8\>Z^
MC[`I]<,&^Q@8=*4B3VF"^RG^?^+YO,&^!'9\6%\C;*+[ML&^!_;,8?V(_Y]X
M?FZP7X&9)\G-9>`L=Y^=<5V@J[2&+5=IFR_ZC;"XC'AS"KKA#T1N2PP,D86A
MJ#`4%8:BPE!1&"H*0T5A2"8,R80AF3!D$H9,PI!IQI(T9?PRM=V+-^]W;88S
MM^/`QAY3ES5NJ<O-E_J<BF2QQ'SSWL#CFVUD;+GC4)#1?.A8P6,^I!4?TIH/
M;1L8-^\/OGF/D'%L2&TNM+[$A?0M9'`AO;G0/G&].CUWK54J[C^S0IL)+5:H
MV%*]_A;?>:GT(T$-FWH.3F@KE.GOT<U[BRNW(U-8NK7#'$'7;STP1V"'2^"7
M&A??XKOS[WIVILZ.5:YBQST+^]W=JW1Y0)\(ILZ.>0([/';\M+#?OSJE$0%V
M"J;.CIT".V3'80O[R_O'<=F9>DV9(QWUFGP3?Q?3J'Y4OY\:5A;M4F^^L3?"
MIM-#HQLU@\,JMMS%&\,ZRL4ZRL4FPN@ARL48BL,$PI!=N<BN."06AJC*153%
M(>",)<G*@&:2;)RYV]1GJ7U-@C@-5&PY#6R^G=?"UN+?I&YNXUOJ\:41`NK@
M$/":%="TAAVO@,Q:`9FO60'E6VJ[".?/C8]!6!OB1<@P+T:XAAUO7&+'*BUD
ML&.5:]AQ3V(_/8Z^F\Q4ID5;,]4QTC(2NFO8."+,5+'%3)MOXCF5.A<=EX$5
M.]85YR@5YPC#)M?081.E8A-A>*+3E5N'AW3K0&=0#H80AOJ'/$BO'*07ALXK
MSWB3,XE<)CM;D=NT:.D8%5N:^>8[=^4O%^8'=0U;.T9;8G@&D86AJ#`4%8:B
MPI!/&/()0SYA2"8,R80AF3!D$H9,PI!IQI(T91BSE:9-:19I8IJSGFB'[.>^
M1$V.N.E,:Y`2-(@\!M''(`(91"&#2&00C0PBDD%4,HA,!M')($(91"F#2+6`
M2:LR2]EJU88LBU8QC%FU&M=AH=6(F[0RB%8&T<H@6AE$*X-H91"M#**50;0R
MB%8&T<H@6AE$*X-H91"M%G#5ZCY-L_I%TOD_T@RK8:5,I^O7]%;'Z],(&TH9
M>[N)>[?!WF^P#QOLXP;[M,$^;[`O&^SK!ONVP;YOL!\;[.<&^[7!_MA@?VZP
MOS;8WQOL'QOLGQOL7QOLWQOLZ6D'_KX#=U9X>K.+W)GA:>>&IYT=GG9^>-H9
MXFGGB*>=)9YVGGC:F>)IYXJG9(M4==R6;COD??F/7'4-*[<ZH^RF44CKD)%+
MW%1W(SE`]MH@>VV0O3;(7AMDKPVRUP;9:X/LM4'VVB![;9"]-D@-&J0(#5*%
M!BE#@]2A00K1()5HD%(T2"T:I!@-4HT&2SEN4.IQ@U*0&Y2*W*!;FY2:W,1N
MC5*J<A.[M4JIRTWLUBRE,C>Q6[N4VMS$9L.DZBQCQ]WURWT,*7N!L<T-&V\B
ML<G"V&)A;+`PME<8FRN,K17&Q@IC6X6QJ<+84F%LJ#"V4QB;*8SB$T;M":/T
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M[H2QU\+8:F'LM#`V6AC[+(QM%L8N"V.3A;''PMAB8>RP,#93&'4GC+H31MT)
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M3\%F"V.OA;'5PMAI86RT,/99&-LLC%UN6-J1\1+=^=$D&S_BIF(4(?L^`N=G
MG:FZD6+$!2';+D(J=`3.A.F=!:IVQ`4A92M"RE8892N,LA5&V0JC;(51ML(H
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MKBY=)ZPOR[/_W<GV_!^Y;-N+`D,"-EL8>SU>*)B/+,U^V?X1%^9D^T7([H_`
MF3`-M1!DQ`4A@H@0/4;@3)CNUI%HQ`4A$HD0A4;@3)@Z!J*-N"!$(!%2X"-P
M)DSW-13XB`M""ER$%+@P"EP8!2Z,`A=&@0NCP(51X,(H<&&EP`U2X`9WGBL%
M[LC%8?,NY@O2X;JIDW.)O>%<3';$.8PW<P[KC2+BNGNST,YGI17X8RZN&H?T
M,O_L<6D%+7O;"LJ+!]M6T-Y(F*^[7S9L?`ID$88J#6/!<62/=^GZ%Z%&7-@8
M442()"-P(LQG4E0:<4&((B)$CQ$X$=ZEZU\D&G%!B$0B1*$1.!.FWH)H(RX(
M$4B$M((1.!'>I]Y"*QAQ04@K$"&M0!BM0!BM0!BM0!BM0!BM0!BM0!BM0%AI
M!09I!09WGBNMP)&+P^9=3%=,Y?S?LN>R';X;AB\7`"-TYDPW8]R!3X$A3;DJ
M\'$N/ILYT\F3Z_O(GH]SN&\ZSL5J@U._D5_ZP_A`'&>Z5"@O2$S]X>*7R5^V
M-RJ6OM&P\JMC_57=V_MT6D/7B.LO$B)KP\IWTGKNXWVZ"D#I$1>;C:HB1-,1
M.!'FRWQD'G%!B*0B1-`1.`CO\A^T0^,1%X3H*4+4'(&#\#'_"!@"C[@@1$P1
MTDM&X"#4$=)+1EP0TDM$2"\9@8/P,0M*?QEQ04B#$2$-9@3.A.F43=,9<4%(
MUQ$A76<$SH3I%$0G&G%!6%J1&,MMQPB=*=,Y@Y<;I\#..8P\OLG&X&\*G3CS
M'TTM_6DLWCF'ER?.Q;A'G,/,E%;G'':>.!?OSIRYCPX_SYS#T1/G8M_R=4C^
M8D,JZM*:EH^=6E-YAV1J3?T[.B_;RR5+"VI8^7FZWD;TAYK1+N+ZEJ!<Q:8_
MH(!P#9M_S\*Y**1<!%(N6E1L^NXC2B@7(93+GBN7'5<N&ZY<-EBYM`OETAJ4
M2V=0+IU!N70!Y=($E$L34"X%KUSJ7;G4NW*I;>66TE9R*6UEES)V>O?"I%.I
M8J=3L4[O=IC3AQ_&%U3*Q8/3NR/F]&&)*;U[@K^%T4N[FV).'ZZ8TKLM:GHJ
MN_(*R;;LVKLE2]DU;/D9CX?'=%W#7D=</URV.C">X?62U:\%L/L15_Y2VO_^
MW_PS7"A1`_@1^-@+A(BD0W*TB3B>74P'D<XCR*4U4"MR#]=`P(@[7`--M0:2
M1N[A&J@<<8=K(+S6H!]$[N$:](B(.UR#OJ$UZ!N1>[@&O23B#M>@OV@-^DOD
M'JY!SXFXPS7H0UJ#/A2YAVO0FR*NFO:WFW2G6#J5Z$NGBKQ#_M*](O#P0Y3[
M)B\SU=3Q,KVV;OA5P%)\^6*H%]I4?.46*@[NF+Z75:$_*+]R5^5/,176\3*]
MLN)3I!N3,H`Q_513Q_2]J)[_%*G#EI>%MAVVO46T=-B&I0Z;+J7P0\3U)HCT
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MQ4>Y7\5'"Q`?+4!\M(#!=SZ=IYO7T@_$]$0_$%7I!X/KP'OEI&Y*>H0INTWC
M[)G_+DAY(FNNX=I1&65J,@[O_%%O\PU)=^Q4%>51K`^L^_/Y4_'YW9_24GQ\
MP[73\76+/D^9VDQY]VI[)]!>REKN!!J6VHS/[A$WMYF&C8-%K(I-&X56PE!'
MN8BC.+01AAC*10O%(84P=EVY;+KBV'-AM`7ETA841PL01@M0+BU`<92[,,I=
MN92[XBAM892V<BEMQ95J-D@U*[M4LR.I7(/=#/,)<N>&4JQ.[WZ8TW>&*&=W
MIW=+S.D[3Y12='IWQ9R>;+&6W<-SKS6>_R.=W0-+9:<;\!XWE5U@<]D%UB8J
M:1;Q[M3^?RK+]X%-'_!#QXY')Q\C;N+[%-C$][ECQWQ?(F[B^QK8Q/>M8^US
MYANP[Q$P$?T(;"+ZV;'C`_L5<1/?'X%-?']V[)COKXB;^/X.;.+[1\>.^?X9
M<1/?OP*;^/[=L6,^^H"=PED][#4L1Q\(\`+EFPB<CI'''Y$]47:;/G^FJR?/
M[MV9<IAWHNQ.C0N%W_+(M/MVYAK&G;BZ2R\=7K?N3#F\.U%VOSY/F9I,>2MK
M=VY_:*]KS>?VP%*323N`D"UW/&A%LX:-@T6RBDV?"L6$(8YRT49Q2",,,92+
M%HI#"F'LNG+9=,6QY\+H$<JE1RB.?B",?J!<^H'BJ'UAU+YRJ7W%4>?"J'/E
M4N>**S5MD)I6=JEI1W8O3+J7^G7ZS@V<VS><W0]3C^)"?!/9'3&OWBTQI^\\
MP;E]P]E=,:<G6Z2R*R\[;<NNO06UE%W#4MFE<S)['7'SN;UA2]E%7'M4F2X2
MV/4:,.T0FRXB]GP0'=R&(8/X4$%\B'`5'[J(#UG$ARI7\2&4^*A?\5&_5_%1
MT^*CIL5'35_%1YV+CSH7'W5^%1^U+SYJ7WS4_N`[W\?JU1@Z@:C*V5U<I1,,
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MVC3N4VDA6`U8FX:(4&@0'5@8T<2'3.)#I:OX$$Y\]!#QH=3@*R61;G4033RT
M$/'00@;/P>>DA8B/%B(^6LC@*\=UDYHD/41$]!`1T4,&T<&!T4/$1P\1'SUD
M\-4>DDX#I8>(JO00<94>DLG2534MQ%S#G<.Q/,1/7/?YN&@AYAH&G;BZ&Z/L
M?\M_T+CT$),-=TYDW8I!]IB;;C?F5$S\.FQ\GHFKV_'J'E)>Z-GVD/:RT=)#
M&K;TD,?\E\\1+>+F'M*P_T_9F2S)D<1(]E?Z!SC"7(K,.K)KWXM5K/4ZEQZ9
M0\__G^8AW,P`MP<ZHT\440+J'H`JS!>+R#Q9NG1@Y5/1)&&T1;ET17$T11A=
M4"Y-4!P]$$;5E4O1%4?-A3$"E,L(4!QV%X;=E8O=%8?#A>%PY>)PQ>%F8;A9
MN;A9<>%?@_A7V>%?1V)9@TL,]9*Y4T,L]$Y?>JCIG2#"ETY?DJCIG2;B>M_I
M2Q4U?9/%=KT?FW=:VXWM0R?;#>QLN[=>NF=<M=W`3K:;<>/IW;:W@*H?`<67
M%%U$U#R)+E8.VB`^NB`^FG`7'WT1'VT1'UU)OEB)MJ<[-$@\^%8\^#9Y+CXG
M7A8?7A8?7KZ+#W^+#W^+#W_?Q8?GQ8?GQ8?GD^^V@F_7/#$`Q!0+N*AB`'R"
MBVE@+J:!N98NYSKYW-P#F"MEFAZ(>X#MO'0UL"1:;!#/ZWQB2Y#SQ+9KX1@:
M/J^49SFOI<F[U^_8LM,.DK$3Z#1(!K8-DNW*D9[-N#I(!I8G2Y,41X^$,3N$
MT11A]$0831!&#X31`F%471A%%T;-A3$'A#$'A.%Y87A>&)X7AK^%X6]A^%L8
M7A:&EX7A96%A7X/8UV`GA;AK=V0GAKCD=F0G!_;--I&=(&+]-F<G"7YDH(GL
M1!&7TN;<9+&MW[$]I[7=L6_G_+QN8)OMMML/:CWCJNT&=K+=C!OK]^9?JGX$
ME,%%T45$S9/H8EVC#>*C"^*C"<D7Z\;V`>F'>&B'>.A&\ER<%PT2'[X5'[Z]
MBP\OBP\OBP\OW\6'O\6'O\6'O^_BP_/BP_/BP_-W\<4<$&$LXV*,93PICYOZ
M[6(JIH+)F`HF6_J<R^5^>;'$6@0<$\)42YJ3ZM7.M81:N5*I::L8%_D9+V07
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M+*WMQE::>N_Z,K?7\/AM?5GL[8MM-^.J[09V6NUFW'$1O7^=EZH?`<67%%U$
MU#R)\L0>]_=AM$%\=$%\-"'YCBNM[3D?'1$3#1$3_4BFBS.C1>+#N>+#N7?Q
MX6;QX6;QX>:[^'"X^'"X^'#X77RX7GRX7GRX/OENG=A?RS`"Q,3U\TQ+M<4(
MV+BVJS0NGQLNYH%.BYOJ";++_7:;M9_7TFG1+M?/,ZV<UU+EPR=VS"^I5LK4
M:J%<\@S*.+W]]]YB>KALJ=;"M:3Y\=/;)DKLQ6DGRK%)YW1;_C*P\T+N;Y&O
MN#I11FZ>++TZL%(A6B6,YBB7WBB.U@BC"\JE"8JC!\*HNG(INN*HN3#&@7+?
M3ZQ\7JRO7*RO7*RO.&PN#)LK%YLK#DL+P]+*Q=**BX7<("Y6=KC8D1C7X!)#
M70L[-<1"[O2EAYK>"2(6<J<O2=3T3A-A1:<O5=3T31:;[6*W3&N[L='FM)#/
MS3=U(7]YXX5\QE7;#>QDNQDW%O+S!@&*?OQ_D2DU%P\E3YZ+U9(NB(\FB(\>
M)-^QCI]/C'Z(B':(B&XDT<6)T2#QX5OQX=N[^/"R^/"R^/#R77SX6WSX6WSX
M^RX^/"\^/"\^/)]\72-B`(@IEG%1Q0!(KHM>Q&IN2H:"*9<^'^9J?I9)#`A3
MI5K3";S3FOR#:O\J8DP+<Z52"]=2YSRM_7IE2;7XBN?H\PP*U1)F4/5%VZ9)
M[)MII\FQH>:\B`]L6\2W2R(:-^/J-!E8GBPM.K#RJ>B0,)JB7'JB.%HBC"8H
MEQXHCA8(H^K*I>B*H^;"&`;*?3^Q\GDQOG(QOG(QON(PN3!,KEQ,KC@,+0Q#
M*Q=#*RX\;!`/*SL\[$C\:G")H:Z#G1K"HTY?>JCIG2#"EDY?DJCIG29B$7?Z
M4D5-WV2QV2[VM;2V.S:\G&TWL,UVVPMY:CWCJNT&=K+=C#L6\6W:4/3C_XM,
MJ;EX*'GR]*/FMBF7+HB/)HB/'B3?;>W83HQ^B(AVB(AN)-'%B=$@\>%;\>';
MN_CPLOCPLOCP\EU\^%M\^%M\^/LN/CPO/CPO/CQ_%U_,`1'&6B[&F`/W43(;
M3,EL,.62Z<-'5[KY9?&&,L6;QH@U_;ZS7/(M%F&WRLPNE$NSGSK+)>1*F4HN
ME$NV'Z?<9DULAVEGS=A=<[IA&-@V:[9-^_1SQM59,[`\63IW8.53T3AAS!?E
MTB+%T2%A-$.Y]$)QM$(855<N15<<-1?&J%#N^XF5S\M84"YC0;F,!<4Q`H0Q
M`I3+"%`<=A>&W96+W147UC:(M94=UG8D-C:XQ%!7R4X-L<0[?>FAIG>"B"7>
MZ4L2-;W31"SQ3E^JJ.F;+#;;Q2Z7UG9C^\O)=G-+#`-H/7!_>;/M;:/6,Z[:
M;F`GV\VX\=1RVQU"U8^`HE.*+B)JGD1Y8MT#=_'1!?'1A.0[[@_]P%U,-$1,
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MFAJ3Q%PIV,*UU#DM^TH_VKS$6@P1=P;C'`K9$N@DVQ4<UR$^L=1KX5KBG%RO
M\ELFYV'R^<?VO-W^8]M\,['SO<#;;>9]\;3BRC"96)[E5QGW^?$W-][XKVZ,
MM%*];U9:4GV[L.M[O^]F7.'[?F+E0NZ'A8W5YBGK=[N)_'$&%**?)E:(?E[8
M]8G],N,*WZ\3*WSO%W;-]]N,*WR_3ZSP?5C8-=\?,Z[P_3FQPO?7PJ[Y_IYQ
MA>^?B16^?Q<&WS'7'[<+1,:)1<(XL>`8)Q.\/CO&24.9>DWA,4[NI%RR+9^8
M;0$SNU`ND89YKX;>4FZE3.D6RB77AZ=AM6?]C>XEW\J6^BUL2ZQSNA1W;-,E
M-BIUERJ?'SN83D\U)[9-EVT=IX<CM_XZW<3R+.F6=DG1+&'T9?!E+FU1'%T1
M1@.42_T51_F%46[E4FW%46QA3`;E,AD4QQ00QA10+E-`<3A>&(Y7+HY7'.X6
MAKN5B[L5%W8VB)V5'79V)-8UN,101DM8UY%+#M4%2P\UO1,$=PX-YY)$3>\T
MP0K?I"]5U/1-%IOM8H=/L=TG_]SFYV.C4[USF-AF1SWX6W%UL3_XGAX61@?&
M,9Y?WP;YT_ZG+6G'$5$J3S?$1#.2Z6(\TA_QT1[QT9WDBR5F7V#HE(AHE(CH
M4Q)=G!BM$Q^.%A^.OHL/EXL/EXL/E]_%A_/%A_/%A_/OXF,:B(]I(#ZFP5U\
M,2%$&`N^&&-"W$?)U##ETFS1<4R-^RB7=HN>8\'W62ZE/N"-"^'$=/%9+OW6
MLUR:#<H0-=^:V;8V+`G7\UL:KF1+L).L.&0;/+&?Z7\T>(X-4.?K@(&=!L_^
M>_YT=H:M&4,3!_;,8%]/39L_]K?B'F_%>7S:OW],EP^J4AP:>A<]/9YQ_%M.
M8[O1I.TZ!AV>N9<?@:;/N*?;1]C_\AL"$#D=GTF7Y(A@QAWD^[4B@A`Y$VPF
M79(SU6;<0;[ODV&<B9QQ-I,NR1EQ,^X@W^^AF6TB9[;-I$MRYMV,X]^/]Y5Y
MIV,P[V;NY3&8@3-N5.?I8;L`CO$G_AA_,_'R`#$29^"LOQY:+",5]?,+OROQ
M^@C+.P_/HPG[G\7F$4OS$8IOK@^PC#,/\(K!M$VW9:3Z$8IKKH^PW//P/";$
MZ\^W"Y^X5G,;BG6NC[`L-#_#9_E`>YNIL6GL:J9^^.__QW,:IL#Q>OOI\['/
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MVO8@A.]&-H'V76S%:GT7_[&_J1C8R7?"J/7`3KX31J6%46AAU%D8919&E851
M9&'46!@E%D:%A5%,8?A.&+X3AN^$X3MA^$X8OA.&[X3A.V'X3AB^$X;OA(7O
M#.([@_C.8*>%\)TC.S6$[QS9Z2%\Y\A.$>$[1W::"-\Y,E5Q]MW;[3XT?#>R
M6]_%WJ?6=\>FJ/-Z-["3[X11ZX&=?">,2@NCT,*HLS#*+(PJ"Z/(PJBQ,$HL
MC`H+HYC"\)TP?"<,WPG#=\+PG3!\)PS?"<-WPO"=,'PG#-\)"]\9Q'<&\9W!
M3@OA.T=V:@C?.;+30_C.D9TBPG>.[#01OG-DJF+SW?X$+J72^BZV"+6^&WN'
M3O=W`SOY3ABU'MC)=\*HM#`*+8PZ"Z/,PJBR,(HLC!H+H\3"J+`PBBD,WPG#
M=\+PG3!\)PS?"<-WPO"=,'PG#-\)PW?"\)VP\)U!?&<0WQGLM!"^<V2GAO"=
M(SL]A.\<V2DB?.?(3A/A.T>F*LZ^>]KVI\1Z-[);W\4>F]9W8\_.R7<#._E.
M&+4>V,EWPJBT,`HMC#H+H\S"J+(PBBR,&@NCQ,*HL#"**0S?"<-WPO"=,'PG
M#-\)PW?"\)TP?"<,WPG#=\+PG;#PG4%\9Q#?&>RT$+YS9*>&\)TC.SV$[QS9
M*2)\Y\A.$^$[1Z8J-M_M#ZY3*HWOGE]_9"?:\1_G^[N%%=\UV)<+*[YKL*\;
M[)L&^[;!OFNP[Q>V562[X_VAQG'#>VPM6V">]$\-]G.#_=)@OS;8^P;[K<%^
M;[`/#?9'@_W98'\UV-\-]D^#_=M@[]YUX']VX!<=V`GDW5==9">1=YU&WG4B
M>=>IY%W*)#O]+C51P!^[4^I$\2Y5L4EO?WV14FG-R-N+;A%\?AW_L9MQ8"<S
M"J/6`\L/1JF%46EA%%H8=19&F851Y8&=*_*RO3*B\!E7S"A"ZIZ!%\^S:$7&
M34+*+D(<FH&5<+MAP+49-PFQK0BQK3!L*PS;"L.VPK"M,&PK#-L*P[;"PK8&
ML:U!;&NPDU+8UI&=F,*VCNSD%+9U9`HJA1RV=22V-9CR*>DGK:0$'O??0WJ7
M^FEM&]M#FFO7Y]=CSTJY=EW8R;8C+C%J/;`\74HMC$H+H]#"J+,PRBR,*@]L
MLVV^)[TMEQ0^XZ8I*+P(J7L&9HE?]CE`*S)N$E)V$6+;#"R$^Q_:PK89-PFQ
MK0BQK3!L*PS;"L.VPK"M,&PK#-L*P[;"PK8&L:U!;&NPDU+8UI&=F,*VCNSD
M%+9U9`HJA1RV=62GGG<IGY)^TDJ5P':A%[8=QVEM&QL)6MN.K1HGVPXL+4JQ
MA5'K@9WM\[S]A@+ES[@I3LH_P/RL5#\#ZT?=O@%&0S)N$M(0$=*/#*R$V^TZ
M+<JX24B+1$B',K`0OFP3@Z9EW"2D02+$X!E8"/>_?('!,VX28G`18G!A&%P8
M!A>&P85A<&$87!@&%X;!A87!#6)P@ZFYE,B[%%T!3PJK5=RO2%-UAT>.[2RI
MN\)Y$MD59PJO<J;T"F?JK("=SF(4N"`G5>4IO7G8#!>C8&2WHR"V/;2C8.R'
M.(V"@9U&@3"Z,K!M%&SO@6A4QDT9TY0!9E5H20;F1]5*2I<R;A+2$1'2CPPL
MA,_;!3`MRKA)2(M$2(<RL!)NLX6F9=PDI$$B9!1D8"'\;+N)8!1DW"1D%(B0
M42",42",42",42",42",42",42",42`L1H%!1H%!1H'!%%WJ)M;Z$7E68MG[
M=I@^55=MF[HKG">1U<[L2W`*KW*F]`KG26>5<_=R:J]RIOH*YTEJR?G\M*V?
M,1^R2$CHM/OH^77LD"CSX5-?[3@2]AOVL<WBB0.M_1B/GVW/Z^CKC,LMU@M[
MYO]6[LMGVZ>@TR.7N.D#NBI">IJ!A7!?M&ESQDU"6BI"&IJ!2?B\?]V$'F?<
M)*2?(J2;&9B$+_LOZ]+@C)N$-%.$S)(,3$*=(;,DXR8ALT2$S)(,3,*7O:',
MEXR;A`P8$3)@,K`2;DLV0R?C)B%31X1,G0RLA-L2Q"3*N$D8HTB,[QA%&5HI
MMS7C7<JX2#$N5<QY4FWA?+--^7>IY,J96LX%.1X'MN<ISA1SY4PY%\Z3=NMY
M;E>Z[U+/E3,573A/\CV^!O6PF3I&4WX6VK.-IMA$4D;3W!CY_'KL+CE=N@SL
M"<(U1IXV.="Z&;:&"(T[L,?;'K';>D'?!O9FQ=$BY=(@Y=(?Y=(*Y=((Y=('
MY5)RY5)PY5)OY5)?Y3(ME,MD4"Z#0;D,!N4R!)3+#%`N,T"Y^%VYV%VYV%VY
M6%NYX6PEA[.5'2YV^M+"0Q%RBB$%$H9U^I)#34\]E/0EB,<46#R^]\FG)$KZ
MTD1-7Z*H1T]5E/0EBR-]<UUL0&E=-W:FG%PWL--7JUY>;V.#6L^X92=*/3'^
M78[U=ZLR;OS2U.OMHHE6'$SEFQETXBYVFC/C>(-?SF(;'/1+QZ!=,Y=_2^ZV
MJ-'!&3<_P?F[)713Y#1S)EV2T]\9=_D!:+F.P228N9?'8#K,N/F;"=N5';-"
M[,R*F77)SOR8<9>?@)FB8S!39N[E,9@S,^[R&,P>'8/9,W,OC\$\FG&7QX@9
MI8/$C)K9ET>)N34#KP^S#%9L$3=,,_OZ,,M4G_K-B.6T>IABJ^O#+%]]ZC#+
M;/4PQ5G7AUD.FS\P\>!O7\W*U`,4=UT?8-EK'N!5.F0;KW2M'Z_Q'_M]U<#.
MX_5ENQ-%$C.NCM>!Y2TCS9]QXT<['IZW647;CY!2!3HL*AH\J8Z1\+Q_7Y3.
MBHDFBHD>GIE>?;X/>+HG*N:CJ.A64M6!O`USFB4^9J'XF'MW\3']Q,?T$Q^3
M[BX^)IWXF'3B8ZK=Q<=4$Q]337Q,L.2[_3:.NAK#2UPQO$06@RK9+KH1=TZF
M3*VF?N.BZS[*)=DBX[AQ\EDNF=XQ@'R6*=YREDNN<Q8\/N_W/4N]]?Q2OH5L
M:762O?K8=^6?7\=.JO;";6RQ.EVX#>PT6=X^;9=6]'#&U<DRL#Q-NG5@Y?/0
M+&'T1;FT17%T11C#0[G47W&47QCU5B[E5AS5%L9D4"Z307%,`6%,`>4R!12'
MXX7A>.7B>,7A;F&X6[FX6W%A9X/86=EA9T=B78-+#/7G93HUQ`M8IR\]U/1.
M$'&_Y/0EB9K>:2+>NCA]J:*F;[(X+^@/']MF>/N/;4&?V,EV+R^RW8HKMIM8
MM=W$KG_8Z^OG$5?L^<W$R@?]=F'CQ]&>MN=4W\V`0O3]Q`K1#PL;1.5RZ/:`
MY<<94(A^FE@A^GEAUY_PEQE7^'Z=6.%[O[!KOM]F7.'[?6*%[\/"KOG^F'&%
M[\^)%;Z_%G;-]_>,*WS_3*SP_;NP:SX&@27"NC[UE9IC$$SP$Y1?SL!RCMR`
MS.Q"N?3YJ45XB;92IFH+Y5+JIRB7?"MEZK=0+LW.I?C1RWI3Q)1PX5IZG5S%
M(-MXB0U?W:K^,':"U55]8MMXV<Z3#H[<?,I%L[2SC%X=6"D-K1)&5Y1+4Q1'
M3X11?N52?<51?&$,#.52;<51;&$,!^4R'!3'(!#&(%`N@T!QF%X8IE<NIE<<
M!A>&P96+P1479C:(F94=9G;DTD+I>QC7Z9T:6-4;SJ6',IS85M5$+D74HR])
MU/1.$ZSJ#>=214W?9+'9+G97M;8;VZY.MAO8V79O;;L95U?U@>5PH-('5@I`
MH8519^529L5196$46;G46'&46!@55BX%5ASU%8;ME(OM%(?MA&$[Y6([Q6$[
M8=A.N=A.<=A.&+93+K937-C.(+93=MC.D=C.X!)#56ZGAK"=TY<>:GHG""ZF
MF_0EB9K>:2)LYZ,O5=3T31:;[6(G4VN[L<7I9+N!G6WWLFW)H=8SKMIN8"?;
MS;CCD=;G^V]`4?8CHAB3JHN)HB?3Q9,/^B`^VB`^NI!\\5QFWR](1T1$0T1$
M/Y+HXL1HD?APKOAP[EU\N%E\N%E\N/DN/APN/APN/AR>?+<?+3R_>,'MXL'M
MXL'M9YY7CP_;*ZXPO[CB`EID8?Z-;=]#RR.QAHQ18+*ER4]=YRZA%O'R2*RA
M7++\%.72:J5,L::UV#8PC\,]0S3BK;Y#N_1:R5*PA6RI<UX[/^?S\&V:Q+ZG
M=IJ,#5&G:3*P;9KD<_S;C2O-FW%UF@PLSY)F'5CY./1*&&U1+EU1'$T11OV5
M2_D51_6%46[E4FW%46QAC`+E,@H4A^V%87OE8GO%87%A6%RY6%QQV%H8ME8N
MME9<^-@@/E9V^-B1.-?@$D-=!SLUQ"+N]*6'FMX)(A9QIR])U/1.$[&(.WVI
MHJ9OLMAL%WMZBNW^X[]X.?[PV?]Z&UMS_NO__.__^Y__'<#Z@4'>,I"P/RD;
MV&;'[7T5/9AQU8X'5GYRE@Z,N/'SM?O\IAM'0/$KS1`1O4BBBR64]HB/[HB/
MYB3?[9W+=OE"HT1$GT1$FY+HXL3HG/@PM/@P=/+=3FR;A+A;1+A;1+@[B2Y.
M#,>+#\>+#\??Q<<4$!]30'Q,@;OX8C*(,%9X,<9DN(^2:6'*I=6B7UY]W4FY
M1%N$'.N\SW))].%3OQ(]LROE$FX]RR763U$N!5?*)>%*N?0:E#<=%NMN<R=V
M3_V/YL[8;G6Z#)A;L/AW[>DI5QCS*F"&U;$SL$_\6/3SPXR;/Q:][Y>BV4=(
MJ0Y]G6D\AUEGIOU2M'K&'3^6^_R\313Z+G9&T\RZ9*?K,V[\V._+\_9V'0V(
MGG;/M$MZ%##CN-0M'W([!J+0,1AB,_?R&`RV&3<^POZ[@4PVL3/99M8E.]-N
MQEU^`J:=CL&TF[F7QV`"SKCC$VROCYA\XF;RS9Q+;J;AC!O5>;/_Y'4,0O''
M()R)EP>(X3@#:X5>7K8>QTV0#\-PG-G7AUD>BM]#OI!27'+Y,,5%UX=99OK4
M89;#BJ?YMNB=GV:9:OY^],/CZ^W=7%R]^8,41UU_D&6I^?O1Y6?4MS'+5JC+
M,;O]?O3S0R3LEW<#VR[OMKWV:&7&U3E[8$]O%X8J#NQ-WH$A`.72:^72:N72
M5>720.72/^72*N72&N72&>72!.4RUY3+#%,N4TNY3"WE,J&4RS12+M-(N4P>
MY3)ME,NT42Z31;DQ2I0<HT39,3:<SHAP^A)#$4A</SE]R8&G$^O+(4L/-7T)
MH@@L[K9\]"6)FKXT4=.7*.K1ERIJ^I+%D;[9,;8EE:N>]2T)[M=LNX$]<^)K
M>7WY?!LEU#KC9F&HM4%J;9!:&Z36!JFU06IMD%H;I-8&J;5!:FV06ANDU@;Q
MH$%,:!`7&L2&!O&A08QH$"<:Q(H&\:)!S&@0-QH,.S8H?FS05B2Q:#>QK4S"
MDTUL*Y2X@VEB6ZF$+YO85BSQ9+*);>7"3R%UL;M@-G?&%J/6G<?>(]Z:3(-1
MYH%M[MP>-5/XC)O)U-T@93=(U0U2=(/4W"`E-TC%#5)P@]3;(.4V2+4-4FR#
MN-,@[C2(.PWB3H.XTR#N-(@[#>).@[C3(.XTB#L-ACL;]"2;*8=8+IO85B7Q
M:K^);7425\M-;*N4>+W?Q+9:B2OA)K952USH-K&M7OB&X3GV[,['C^W=N_W'
M=LDZL?-7S3_/EP_CT4")F^WX\KD!O^K`KSOPFP[\M@._Z\#O._"'#ORQ`W_J
MP)\[\)<._+4#WW?@;QWX>P=^Z,`_.O#/#ORK`__NP'\Z\-\.Q)U-C[F6[=`O
M6K15">[L&%J=X,XNME4*[NQB6ZW@SBZV50ON[&);O>#.<^SF3NY8V[7S,?YC
M=^?`\@:0(@NCQ,(HL##**XSB"J.TPBBL,,HJC*(*HZ3"**@PRBF,8@K#?,+P
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MJ+4P2BV,2@NCT,*HLS#*+(PJ"Z/(PJBQ,$HLC`H+HYC"\)TP?"<,WPG#=\+P
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MI?`9-]^&4'@14G=AE%T8%1:&&85A1F&841AF%(89A6%&89A1&&84AAF%849A
MF%%8F-$@9C2(&0UV`@DS.K*32)C1D9U(PHR.3)FDC,.,CNPT$69T9*IBD][V
MU8`PX\ANS1BO_5LSCOT`)S,.+#\%Q19&K851:F%46AB%%D:=A5%F851Y8%M%
MMAV5%#[CBAE%2-TSL.P3VC?*THJ,FX24780X-`,KX;;?#]=FW"3$MB+$ML*P
MK3!L*PS;"L.VPK"M,&PK#-L*"]L:Q+8&.R7%LQI'=EJ*9S6.[-04SVH<V>DI
MGM4X,M63+HAG-8Y,^93(DU92`MVKB<'8NC9>_+>N'3L"3JX=6)X%M19&J851
M:6$46AAU%D:9A5%E811Y8&?7[M\ZINX9-SU!W45(V3,P*_RR_P@RG<BX28AK
M18AK,[`0^N\1E;A)B&M%B&N%X5IAN%88KA6&:X7A6F&X5ABN%1:N-8AK#79*
M"M<ZLM-2N-:1G9K"M8[L]!2N=62J)UT0KG5DRJ=$GK12);!=Y\5B.R@[VSY]
M;)_-[3^V-QL3R]/XXMG8EPO;[+,]^_VJQDUQ?KW`/,@W"]L(MX=:W]:X2?C=
M`I/P^X5MA-O=^@\U;A+^N,`D_&EA&^&V???G&C<)?UE@$OZZL(UPNZ]Y7^,F
MX6\+3,+?&^Q#@_W18'\VV%\-]G>#_=-@_S88!K>2V*/3@)WF,'@3>5)8]<A^
M09JJH]RSC%QB-YPGD5UQIO`J9THO>\-U=W.@3F=<=S>1)U7E*75_CVAF'Z=T
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M5V3\]XA*W"P,71W)^7TB>MH2[I?YM#GC)B$M%2$-S<`\0_VU'WJ<<9.0?HJ0
M;F9@$C9_CZC$34)FB0B9)1VASI#+BHR;A,P2$3)+,K">X7:=PGS)N$G(@!$A
M`R8#*^&V9#-T,FX2,G5$R-3)P$JX+4%,HHR;A#&*Q!A7)1E:*;=G)FSU+X&+
M,X6<6N3!7PDMG/K;0:GD^G=^4LN%\R3<*\X4<^5,.1?.DW8KYSY'4\^5,Q5=
M.)E/6<_X(8''U\V?4BPQE'(;3;&'I(RF]4V[I[&YY#2"!G;Z>T1OWV[-HW<S
MKHZ@`^/=^6PGC1M8_KT8>J1<.J1<&J1<>J%<.J%<&J%<:JY<*JY<"JY<QH5R
M&1?*930HE\F@7":#<ID"RF4(*)<AH%P,KUS\KES\KER\K=RPMI+#VLH.&SL=
M%SL]Q9`"B2L*IR\YU*^8IAY*^A($+["FZ'BBT!P])5'2ER9J^A)%/7JJHJ0O
M61SIF^UB"TEKN[&WY&2[@9V^5_[6/[`=5P:QI3('!*6>&*\-ULJO']B@^C/N
M^"VS[9J)1AS_SP.164GZ,',NN6G-C.,A:#F';1FA6SH&S9JYE\>@?S/N\ABT
M5,>@HS/W\A@T><9='H.^ZQB,@YE[>0Q&Q(R[/`9C0\=@;,S<RV,P2F;<T>N'
M[5$+<T7DS)69=$G.K)EQEQ^`^:-C,']F[N4QF$DS[O@`KQZV:Z:84**/"37S
M+OEC:LW`RP\1]TL^3/'2]6&6J>9O_CULCHC'*.8O?KKF7X::_*\V5\<L-'_Q
MTC7_,M/D?]COWI:URMA@@^NJ[C7_,E+P]X-C&ZJQ/Z@=JF/CT&FH#FP;JMN#
M4:0PX];@H^L#R[M/FC[CQH]!;I*DV4=`*07M%1'=/1.]VIY^T%41T4<1T<8S
MT78;0/?$0[_$0[O.//L%)FT2$?-.1,RV).K;>?NR*;--?,PV\3''DB^N?;?K
M:,:8>!ACXF%D)<_%>3&RQ,?($A_C*?F.'_?:M!#C250QGL05HV@C>]R'Q))C
M45;<%)EL:7`9]OS3L3%O?%ZIR)0[.R,F__CQT_++.K<NQFPQ5XJR<"TESM/:
M?WTKGLV8*X59N)88)U>J?IL5L:>IG15CL]-I5@SL-"M>WFSCCE[-N#HK!I8G
M26\.K#2,U@BC&\JE&8JC%\*HOG(ION*HO3"JK5R*K3AJ+0SC*Q?C*PZ3"\/D
MRL7DBL/8PC"V<C&VXC"Q,$RL7$RLN+"M06RK[+"M(S&JP24&?H9C7EG'?8\C
MEQR*;'B3VAR]$T3XT9Q+$O7HG2;"@DY?JJCIFRPVV['D][:+_]C?E`PLCKSN
M&U[>;%<QU'K&K0I2ZH%E5:GTC/O8Y<1M<E'\(Z[4F=J+C]+?Q4<WQ$<SQ$<O
M[N*C/>*C.^*C.7?QT2_Q86/Q8>.[^+"V^+"V^+#V77S877S877S8_2X^1H#X
M&`'B8P0DW[&.;\LE\T!,L8R+*N9!<J66'S]K%G-3IG)3S3$CDO)X]+>=WA)M
M$7(,#)_>DNA<-5\];,_T8GSXQ%*RY<26/H/LZK,NT=;S2]46RB71CU-N8X8C
M]V,F_F,?,P/;QHQ7]QE7Q\S`\F1IUH&53T6OA-$=Y=(<Q=$;831#N?1"<;1"
M&%57+D57'#47QEA0+F-!<8P`88P`Y3("%(?=A6%WY6)WQ6%M85A;N5A;<;&Z
M&\3-R@XW.Y(EQ^`20UT@.S7$I;?3EQYJ>B>(L*?3ER1J>J>)6-V=OE11TS=9
M;+:+[5+M1?781W6ZJ![89CO?@,^X:KN!G6PWXXX;\(V'HA__7VQ)S<5#R9/G
M8GK1!?'1!/'1@[OX:(OXZ(KX:,I=?/1)?-A7?-CW+CXL+3XL+3XL?1<?-A<?
M-A<?-K^+#^N+#^N+#^LGWVU5W^9\S`$QQ:HNJI@#R76AE7A.:$IF@RF73.=*
MO#W]B3EAJA1M&B)NT?/LVNN7I=?BB=A1Y=-:ZIRGM3_16%*M5*G5<EI+F/>N
MY?%#[NU0N?W'MI9/;!LJ6Q6_>%YQ9:A,+$_VJQE7/M77#?;-Q,JD_'9B)?>[
M!OM^8B7WAXF5W!\;[*>)E=R?)U9R?VFP7R=6<M]/K.3^UF"_3ZSD?IA8R?VC
MP?Z<6,G]:V(E]^\&^V=B)???B95</#R:6<'_G&#)QL--Y)<=N,10TSLUX-&&
M<^FAIG>"8"UOTI<D:GJG"=;R)GVIHJ9OLCBOY?&#_[WMQC:INI;?@N/-X_E.
M?9L2U'KDUC>4$SO9;L8=:_G^S).J'P&EO11])"41-4^BBP%-&\1'%\1'$^[B
MHR_BHRWBHRO)%R-ZNVBA0>+!M^+!M\ES\3GQLOCPLOCP\EU\^%M\^%M\^/LN
M/CPO/CPO/CR??.W2Q@`0$XOX3$N)Q`#8N?9[7\:!R1@'(Z^0+6'.=7)[5A6C
MP50ITT*U-#FIFB?L#5=*M'`M/4ZNATUH,31\7BG/PK4T>??Z'3N4NIN"Y[%U
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MOI%M-W;<:3=<.-]<2X-S3=Q%&F/`YY623+USJST/P&.TVX=\VO94Q5`P6<JR
MD"TMSA-[V306$\)<*<W"M>0XN5(5V[2(?4#MM#@V")U^+BZ^7W';9UBGQ5O_
MP8T55Z?%R,V3I#N3;USM;[<-=.H(.$\+$=$:Q=$98;1"N71B8/$@=+ULU`L:
MFB,^VB$^NI%\AR+.;V?HC(@8%")B4"31Q8FQS(N/02&^#PL;4MVN4)D3XF%.
MB(<Y,;#K@C$GQ,><$!]S(OF..;%;B#DAJI@3XHHYD60718MQ8<H49(J4UVV%
M,L[O>1]CC`MS+4W6=7N)<KIRW^,5T\)<J=%R7DN0DTNO%)<\BWW8A#<_3N%:
MF@RNOFS;U(A=.>W4.+;KG*?&P+9+^^UFB];-N#HU!I8G2Y,.K'PJ>B2,KBB7
MIBB.G@BC"\JE"8JC!\*HNG(INN*HN3#F@'*9`XK#\\+PO'(_3*S4"I\K%Y\K
M%Y\K#D\+P]/*Q=.*B]7>("Y6=KC8D5]VX!)#=5FGAEC3S;GT4-,[080OG;XD
M4=,[3<3"[?2EBIJ^R6*S'>MN;[OXC_V)^,#.MGN[#5=J/>.J[09VLMV,.Q;K
MA]?;`D+9CX@B-JHN)HI^9MJN<JB_>"B_>*A^\O1#Z_;,@(:(CWZ(CW8DW[$0
M:>46$8X5$8Y-HHL3P\7BP\7BP\5W\>%L\>%L\>'LN_APN_APN_AP>_+="K=?
MG&-],<4"+JJP_L:U[SJ.I=MD#`*3+47.)7+_R[<Q%<R5`DWYQY7^?F*OMQ4L
MAH394J:%;6ERGIFVW2R%%C?%XNU/R<3(,^OEMDV1V,_3+MYC@]#I`<'`MBF2
MMQ/SN=R,JU-D8/G!:=.!E4]%EX31%^72%L71%6%T0;DT07'T0!A55RY%5QPU
M%\8H4"ZC0''87ABV5RZV5QP6%X;%E8O%%8>=A6%GY6)GQ<7B;1`'*SL<[$@\
M:W")H:Y_G1K"IDY?>JCIG2#"ETY?DJCIG29B\7;Z4D5-WV2QV2XVVK2V.W;@
MG*^9![;9;ELJJ?6,J[8;V,EV,VXLWMMK`*I^!!1?4G014?,DZF?-;1[0!O'1
M!?'1A+OXZ(OX:(OXZ,I=?#1*?/A7?/CW+CX\+3X\+3X\?1<?/A<?/A<?/K^+
M#^^+#^^+#^_?Q1?S0(2QHHLQYL%]E,P(4S(C3+G4^O';U9L*8VZ8,C6<!HGE
M/<_R=@VS7=W&$#%7ZK=P+;&NQ7U;+6.BF"NU6[B64#_^4;<I$WMXVBDS-O><
M%O>Y3X@+B/7HZ^7M]M'IX(RK4V9@>;+TZL#*$*%5PNB*<FF*XNB),+J@7)J@
M.'H@C*HKEZ(KCIH+8S@HE^&@.`:!,`:!<AD$BL/TPC"]<C&]XC"X,`RN7`RN
MN#"S0<RL[#"S(S&NP26&NCYV:@B3.GWIH:9W@@A?.GU)HJ9WF@@K.GVIHJ9O
MLCC;[K./[56[_<=V9SZQ;7'?UN0OGE=<L=W$JNT&=K*=L6\67^9^.[&2^UV#
M?3^Q4I`?)E9R?VRPGR96<G^>6,G]I<%^G5C)?3^QDOM;@_T^L9+[86(E]X\&
M^W-B)?>OB97<OQOLGXF5W'\G5G*QG9O$&NH.8[LF\LL._&J"Y>`\PF[2EQSJ
M*2T]U/1.$-BNX5R2J.F=)K!=D[Y44=,W66RVB[TKW6KWV=BB4U>[B9UL]_;%
MMANY=8O)S$WK4.D9=UQ3O]U>FE/U(Z`4F**/I"2BYF>B5]L947\147X14?V-
M:'M302=$1"-$1!_.1-M[.5HB'IPJ'IR:/'F!H7=KN%=\N%=\N/<N/APM/APM
M/AQ]%Q\N%Q\N%Q\N3[[;1>36R;"\F,+RH@K+;UR/.QD#P&0IRU18#(`SV7:%
MQQK<4*4P"]42X\<O2(]K[Z70(G_VF,\3*91+EO-ZN?D:>'-ZJ=+"M:3Y\=/;
M)DALN6DGR+$7YW17_MG`3A.D^3KXBJL+]\C-DZ55!U8J1*>$T1SETAO%T1IA
M=$&Y-$%Q]$`8HT&Y%%UQU%P8XT"YC`/%87UA6%^Y6%]QV%P8-E<N-E<<EA:&
MI96+I147+C:(BY4=+G8DOC6XQ%#7ODX-X56G+SW4]$X0L7`[?4FBIG>:B(7;
MZ4L5-7V3Q6:[V,?2VN[8X'*VW<`VVVWSD%K/N&J[@9UL-^..A7M;W2CZ\?_%
MEM1</)0\>2Y6-[H@/IH@/GJ0?+%Z;.=%.\1#-\1#,Y+GXKSHC_BPK?BP[5U\
M6%E\6%E\6/DN/NPM/NPM/NQ]%Q^6%Q^6%Q^63[[;*KY=1H7_Q12KN*C"_\EU
MT0M>:C64S`13+GG.U;)9RWUV*=8T`@^])O_8$K1?><:P,%<*M7`M=<[3VMP9
M@\-4J=5"M81Y]QH>6V;:87+LI3D/DX%MPV1[94GC9EP=)@/+DZ5%!U:&!1T2
MQ@!1+CU1'"T11A.42P\41PN$477E4G3%47-A#`/E,@P4A_&%87SE8GS%87)A
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M96!YDK3HP,JGH4/"Z(ER:8GBZ(@PBJ]<:J\X2B^,:BN78BN.6@MC&BB7::`X
MG"\,YRL7YRL.EPO#Y<K%Y8K#T<)PM')QM.+"O09QK[+#O8YD,3>XQ%#7PTX-
M85&G+SW4]$X084>G+TG4]$X3L9@[?:FBIF^RV&P76UQ:VQU[7\Z+^<"VQ7Q[
M`$ZM9URUW<!.MIMQ8W?*XW8U3MF/B&),JBXFBIY,%R.0/HB/-HB/+B3?;=9O
M'Y&.B(B&B(A^G(FV#TAKQ(-CQ8-CD^?B`^)B\>%B\>'BN_APMOAPMOAP]EU\
MN%U\N%U\N#WY;@W8"A?6%U,LW*(*ZV]<+SL9@\!D#`*3+47.Y6R_W5WR+)+E
M-]@:JB7&2?5*7])>VJQD*<ZT$G_B9AYAW-(_;EO&8E[X,Z8^"]<2Y3RQCR[9
ML9FEG1UC3\UIR1[8:78TWR'[;,;5V3&P/$F:,^/&P[RM$33J""BEHS<BHC5)
M=.$LNB4^VB,^NI-\-^5NNX7IE(CHC8AH31)=G!C=$A\C1'R,D+OX&"'B8X2(
MCQ%R%Q\C1'R,$/$Q0N[B8X2(CQ$B/D9(\MT:(7LQ0T05,T1<,4,VLMU>C!!S
MI4I3N?%2[LSUF/Z:V]<:KA1JX5JJG%9]M=U8QU6&SRM%6KB6,"?7_M>B8H28
M*W5:N)8H)U>6:[O\B$TX[0@Y=N><+S\&=AHA+V^W:4ZO9EP=(0/+DZ0Y,^[S
MVW=X'UY>MD[0JB/D/$1$16\F%05:.^KTPIMVB8\&B8_^)%]H]^%ENS^D66*B
M/6*B.\ET<68T3'Q,$?$Q1>[B8XJ(CRDB/J;(77Q,$?$Q1<3'%+F+CRDB/J:(
M^)@BR7>;(H^[WN)21%PQ1D068V1C>WB[K5OQ1L!LJ=74;PR29+OH;=RHF#(U
M6RB70,.W5Y1+M<49\99_G%"A7$I]X&?F;EI^T_S9B.8$4[J%;>ET#I:'-SGQ
MSJ/ES<>VYMW^8]N:-[%MM"3W;3)_\;SBRFB96)[F5S.N5.?K!OMF8N5V[=N)
ME=SO&NS[B97<'R96<G]LL)\F5G)_GEC)_:7!?IU8R7T_L9+[6X/]/K&2^V%B
M)?>/!OMS8B7WKXF5W+\;[)^)E=Q_)U9RL?)HYO^G[-QZ(TF6Y/Q7!GKO%2OK
M3D@"2/:=W3U][^EY6RQ&6D$K'6'WZ/_K\XQ[F+&ZSDL1,/?PC'0W\\R,#%;U
MX'T!N]%(V7@^=V`E0S_<L0&=FIB5#_UP1P@N]69XI40_W'&"J[L97EG1#Y]H
M,<DN=AQU5_3??O73EX>\1:E_6"C8)$=9WZM^O1Q3/'Z>LWR]/A7(QV#[_=J"
M;DZ3LJE'<ND*3SDD%-4HH6@OEZ[T96P[+>HC\2A/B[=.[=ANE=:>0ZV21S<S
M2B61J%2+=&%F%$_BH6F)AZ:OBH?.)1XZEWCH_*IX:%_BH7V)A_:OBD<_D'CT
M`XE'/VCQUBO]Z3P]ND5[D%A<Z358M(<6[4(UN-R;D)6P'8FYW%\9LO*V8PQ+
M$&:6M)'K9EFIVX>LW.UG6>FZX4LI(XW;_9S%RMX^6*5O'ZQRM03;=.J8VD[L
M3OJ'VD[:SC0\8!PR-K2=K7:=XE8[#%7,6'RK7M<6IK$4MO@M.3O;2>^4.;ET
MV:&B9=C%\!2Y^&W7\,^FW%/PY,#/ZY3N2&W+H(O!*7?Q2\&W\[]54_ODT4V=
M8I=1%Z-3_^*7HT\=&BY(</I6&70Q.+VL^+$7I2O/M*Q++Y-CT,O*V(O'H+\5
MOW0"\W,"C4V"T]C*H(O!:7;%[^()T.SD&#2[,O;B,6B`Q2]Q\]EFZ>26EB;H
M@'*`Z(!EY,4C1%<LCIF?6_/\8X[0Z>;R$:IZ-GQC5K2?Q?S&GCE`IYS+!Z@*
M*@?@ES,FIL:-F":ID\_E(U05;?A:P/44MONI1\2]FAZAD]#E(U0IE7/8[MOR
MPM168^_6I;;Z]6__ET<IYIGXL3NDS5YC6\U8^\<*B"`8/31CPX.48)18,!JD
M8)14,*HG&-42C&()1ET$HPZ"40;!R+A@-"_!:%2"T90$HRD)1@,2C)XC&#U'
M,/J+8/02P>@E@M$W!(L[)07I$PHV*K2RQUV1>M($%'1LB`<I]71\8/.$\72,
M8''#>#I.A#CUZ(T5\:T=]1)TDB\A;%3!D6OTI,?8P-7IL>DN[>P:=9>Q07>"
MD>N,M0*0:L'(M&`D6C#R+!AI%HPL"T:2!2/'@I%BP<BP8"13,'0G&+H3#-T)
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MSMB@.\'(M&`D6C#R+!AI%HPL"T:2!2/'@I%BP<BP8"13,'0G&+H3#-T)ANX$
M0W>"H3O!T)U@Z$XP="<8NA,,W0D6NE,0W2F([A1T7`C=J:=C0^A./1T?0G?J
MZ1@1NE-/QXG0G7HV5HRZVTZ[4T)W>;3576RPL;I+.V_&ZUW&!MT)1JXS-NA.
M,#(M&(D6C#P+1IH%(\N"D63!R+%@I%@P,BP8R10,W0F&[@1#=X*A.\'0G6#H
M3C!T)QBZ$PS="8;N!$-W@H7N%$1W"J([!1T70G?JZ=@0NE-/QX?0G7HZ1H3N
MU--Q(G2GGHT5D^[F1=E&%:N[V+AB=9=WM`S7NXP-NA.,7&=LT)U@9%HP$BT8
M>1:,-`M&EC,V961ZXB7QS:^\#"+Q$I"\"T;:!2/#@B%&P1"C8(A1,,0H&&(4
M##$*AA@%0XR"(4;!$*-@B%&P$*."B%%!Q*B@(TB(43T=14*,ZNE($F)4ST:3
M1L\0HWHZ3H08U;.Q8J+>]!HT+H)YM!/C\:F=6ZMAVKE5L%Z,BCW?%:R=[0N#
MO338*X.]-M@;@[VMV)B1>3_G8^_7Q*B3?M\[7EC/^M#[E8"_5[!EX6/%QAEN
MIP>&3[U?"?BY@BW@%X-]-=@W@WTWV`^#_6&PGP;[TV#(5M/*.TP#/CC040G9
MFN&.3,C6>#HZ(5OCV0C5,HYLC><[!S;Z=,,'KC1.+8?IBH%LRW&L;'GK:*^A
MQS#,LLW8(%O!R'7&VG1)M6!D6C`2+1AY%HPT"T:6,S:*8MX@3N*;7Q$%B9>`
MY+TYMA2?YCY`*9I?"4C:)2"R;8Y=P-VTA1W9-K\2$-E*0&0K&+(5#-D*AFP%
M0[:"(5O!D*U@R%:PD*V"R%9!9*N@HU+(5CT=F4*VZNGH%+)5ST:H1N20K7HZ
M]G"U-9X#5WH*&-GFXUC9QDX"=^M[S'LU^EO?@@VRS7X-(]<9&^6SF_Z/G/0W
MOT).TI_!EBJRWQS[4YUVSU.0YE<"4A`)2#V:8Q]P>ERG1,VO!*1$$I`*-<<N
MX-PQ*%KS*P$1N`1$X,VQ"[B;'FP0>/,K`1&X!$3@@B%PP1"X8`A<,`0N&`(7
M#($+AL`%"X$KB,`51.`*-M(UWH3`L^?$Q/F.M+$N:21M9VF\ZV(.).LK,\=L
MQ.MC-NIU,1O/.M#Q+%J!GOO`JC:E@_R(2F-:FM*XN^`8^Q9L*\@;&H96D+$F
M>\HB&%7)V%2`:>L=A6I^A<84)8,M*Y2D.;93E2LI56I^)2`5D8#4HSEV`7?3
M#3`E:GXE("62@%2H.?8!I]Y"T9I?"4B!)""MH#EV`;M=6RM=:07-KP2D%4A`
M6H%@M`+!:`6"T0H$HQ4(1BL0C%8@&*U`L&@%"M(*%&R<:Q1A^Y#Q'!C69W&Z
M8V*C=1G=R[;QKCO00+(^YGP);L3K8S;J=3$'GO4QIXLG__/MYMG8U\4<J-9B
M[K;3]3/N\'..;7^(_15=?_CE_W8<\X:,H6]D;-OOQUCVTV6-NA:_NHN"LF8L
M?E6M[>68_U&52C>_H@.J*@&I:7/L`LX7;<K<_$I`2BH!*6AS;`'YO[CQ>ZJH
M<?,K`:FG!*2:S;$%/.VUES2_$I!B2D!Z27-L`66&])+F5P+22R0@O:0YMH"G
MN:#TE^97`M)@)"`-ICGV`:?+*TVG^96`=!T)2-=ICGW`Z1)$)VI^)6"T(HD8
MJP7-M0\YU9G='IUCC=F(W"Z><:MB8Q[:WMQT4]*8C`QJS,;E+N9`W&Z>$K.1
MN8_9Z-S%'+C;QYS[:.-S'[,QNHM)?VKGONYYOG&W+LV'TYYN76(+2M>:ZL;(
M8]Z;,K2@C/%?$.T$MA,=*%UQJUFF<`E;UCUB:SVH6\;6_9HK1HED+`62L=1'
MQE(*&4LA9"QUD+&D7,:2<!E+OF4LW4+&TBUD+)U!QM(89"R-0<;2!&0L/4#&
MT@-D+'J7L<A=QB)W&8NT96PH6P:'LF5TJ%B'5RYL.B(W,C2"Q`V%#J]TZ(<W
M/G3#*R&61C#^Q\!,OE&B&UXYT0^OI.B/WEC1#:^T2,,GU<46$JNZO+=D4%W&
MAO^N.MU,;8-<%[]>=@7CW7F]\"_[Z9)`]HM?_D?/PW2=I!3)H_L7)2I11EV,
M3G&*'^\ANUE,C8-ZR3$H5QE[\1A4L/BE,UBF*PK5E.`4LPRZ&)SZ%K^+)T#)
MY1AT@C+VXC'H#L4OG<`T?SJ%Q*93E#$78],]BM_%^=-1Y!ATE#+VXC'H,L7O
MXC'H/'(,.D\9>_$8=*/B=_$8T:'D(-&ARNB+1XFNI:/I6@IVNKD<LLKG5]\/
M4375Z8S_0;URYE5!OSI,E55_F$Y#E\^F:JE\F<0R_[9QK+9HNCH=73Y`%5(Y
M0'>/,352`OE&&H;YW4G&QD9ZFIXY*7_QZQMIQMK#(<4O?ND+.I;S_(U$E#VY
M=&FFPA**`H^A-OOY-STHK82BBA**(HZAGFV.\]YAZB>Q*)C$HEXEUD6]42Z)
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M6?JK:W"E;D?GN*QK2/I%FV40<%9&-`^=7N-M$UF\>&FQ+I`P&HJ&;!3N0E:^
MEHOZL^Y[*\;V<GIJ=^1JF*[J!1O;RWFZ/7K85;^NO12L3?-%\>O2_=)@KPK6
M]<S7!>O&OC'8VX)U8Q\+UHU]9[#W!>O&?BA8-_9W@WTL6#?V4\&ZL9\-]J5@
MW=BO!>O&?C/8]X)U8W\4K!O[A\%^%JP;^V?!NK&H.1>S!^\+V(U&S<;SN0,K
M&?KAC@U<U4W,RH=^N",$PC3#*R7ZX8X3B-`,KZSHAT^TF&076ZC<5?V4]U;U
M5_6"C;+3JWKUZV4G>\+(=,;REWO+13W;N^J2<XE#REN<"WV+*B2_+AY%D'C4
MX*IXE$7B416)1U&NBD>=)![RE7C(]ZIX2%KB(6F)AZ2OBH?,)1XREWC(_*IX
M2%_B(7V)A_2OBA?M0`)R<2^C6\./=G!=2%J$AFS$[4+2(JX+62G<T9"+>QG=
MA:R$;5?/\?8R>HA.K_&WBU7)^JM[C\K@?GJ-PEW(RM>G0TZ])G9XV5Z3MWX-
MO29C4Z_12WSQZWM-QMID*5G"NK.B8H)1'!E+;<2/T@A&,60LM1`_2B$869>Q
M)%W\R+E@]`@92X\0/_J!8/0#&4L_$#^T+QC:E[%H7_S0N6#H7,:B<_$+32N(
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M/7FT`8D5=]02+-I`B59>IMT<I\VOO/DRX6@+&HZV4,+E+2_SYM6X-B>7KJ[1
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M)!)U:I$NS(S223P4+?%0]%7Q4+G$0^42#Y5?%0_E2SR4+_%0_E7QZ`82CVX@
M\>@&5\6+#B$!XRHO$:-#7!>2KJ$A*V<['D?7N"YD)6]'P+C>ZRPK5>/W%2X0
M)[J+SK(2N)]EY6S]R89IL3I:C<:J%.YC5;Z66,\V32%3XXG-,_]0X\D[?X9G
MBXP-C6?^D0,J6]SZOI.Q7_W\0QF;O]I]?S-_S0953J&ZXE'0J\)3X^*7OCE>
MMVE1<0E/<<LPUDB[)Y>IXU+OXE=^(&`_WPA3?HE/P<NXB_'A0/'CL;*;Q[2_
M&EK(,6AC9>S%8]#:BE_Z?0#9GJRQ:6EES,78M+GB=W'^M+GDUY68-E?&7CP&
MK:_X73P&K4^.0>LK8R\>@W98_$J=3_,O,T<KE`-$*RPC+QXAVF-Q[$_C=)ZV
MZ\>#D!Z&]EA&7SY,%5/YH8/-O%`0#T=Z@$Y(EP]0Y50.\*P]D*0'PRJNKMA\
M\<.5)U#EU'X+8OY_B>BG>@:=EBZ?0153.8/-J4EBZK&Q.>I2CYU_"^*4=E.-
M-W<9&WKLJ3OFFC;X4?SZ)INP[;%B,"%A?#-<^4\XBBYCJ;*,I<@REGK*6"HH
M8RF@C*56,I;:R%A*(V.I@HREI<E8VI>,Y2Y,QM*R9"SM2<;2BF0LK4C&TG9D
M+"U&QM)B9"SM1,9&^Y#!T3YD=+0*'4Y;T.&5#!U!XJY)AU<Z]/_]5/G0#Z^$
MZ`@6=T-Z]$J)?GCE1#^\DJ(_>F5%/[S2(@V?Y!A;BSHYUO]X/.7-2<.M3<9V
MM(IZ93V=V^U4D5WS*WHBUPJ2:P7)M8+D6D%RK2"Y5I!<*TBN%237"I)K!<FU
M@N1:032H(")4$!4JB`P51(<*(D0%4:*"2%%!M*@@8E00-2H8<C0H>C0H@C2H
M90G_T^Q\+4_B2FSB6J;P'4O.UW(E+K8FKF5+7$N-K^4+7Y4P^H[J/#^U2V\U
M3+OT"C:I4Q8@.[^F3@.^V!GPI0-?.?"U`]\X\*T#'QWXSH'O'?C!@;\[\*,#
M/SGPLP._./"K`[\Y\+L#?SCP#P?^=."?#D2=IIQ<+1WZ8-'G%K4TX8KIXEJB
ML*K@?"U5N&HZ7TL6WAHX7TN7.\L7U#E&F-3)3;&]=I[#,*LS89,XIX=C\E[=
M.FT*1LX%(^."D6_!R+9@Y%HP,BT8>1:,+`M&C@4CPX*17\'0HV#(43#4*!AB
M%`PM"H84!4.)@B%$P="A8,A0,%0H6(A0032HH*,"#[+&TY$A]*<Q'1U"?>KI
M"!':4T]'B5">>CI2A.[4<Z+%I+K8I./N6,]I]\[PH)BQ27734A"I3D-QZU0G
M&(D6C#P+1IH%(\N"D63!R+%@I%@P,BP8"1:,_`I&>@5#=8*A.L%0G6"H3C!4
M)QBJ$PS5"8;J!$-U@J$ZP5"=8*$Z!5&=@HX*H3KU=&0(U:FGHT.H3CT=(4)U
MZNDH$:I33T>*4)UZ3K285,<*FU==&.9K7<(FU;45H?R8>*YNG>H$(]&"D6?!
M2+-@9%DPDBP8.1:,%`M&A@4CP8*17\%(KV"H3C!4)QBJ$PS5"8;J!$-U@J$Z
MP5"=8*A.,%0G&*H3+%2G(*I3$-4IB.H4=&0(U:FGHT.H3CT=(4)UZNDH$:I3
M3T>*4)UZ3K285!?[8^RU+N^PZ5=GS@D;5'>^D<69YM:IK@XM&(D6C#P+1IH%
M(\N"D63!R+%@I%@P,BP8"1:,_`I&>@5#=8*A.L%0G6"H3C!4)QBJ$PS5"8;J
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M1J4%H]*"46G!J'3"1@%7O_XTIG_THM+5K9P&`A:,2@M&I06CTH)1:<&H=(]-
ME8[W95VE?_O5OL!S?L$V].N$35N5=)&\NI73AQ0Y7",/I$A8?(UB1XII`P*D
MJ&XE'*00#%((!BD$@Q2"00K!((5@D")A(RFJ7W\:4U8@174KIP$I!(,4@D$*
MP2"%8)!",$C18Q,IXE5+1XKZ`O.<W\$,Q4]8]QV6='7!J'0>.U0Z^[5OM:2L
M@E%6P2BK8)15,,HJ&&45C+(*1ED3-I95_*BA8-0P8^VK0:FA^%%#P:BA8-10
M,&K88T,-]S?]:RY:^*^$G0:,BPX5:S5[,-AS@[TH&"J.+;3+S69JAR\[C\+\
M5P7K,OZZ8"W2='UXTWF42&\+UD5Z+%B+-%V,WW4>)=+[@G61/A2L19K.[O?.
MHT3Z6+`NTJ>"M4C3V7WN/$JD+P7K(GTM6(LTG=VWSH-($U]BR=AH?G^3UI+[
M2W[%!EYDOX;!"\'@1<*Z[VF&"8+!A#RVNY,K6#>6VLM8:B]CJ;WX46W!J+:,
MI=KB1WT%H[YY;,L!]14_*BH8%<UCV_E24?&CACTVU3`6(&T-PS!K.V,[>DAW
MF9W?GNUOFE^A'X7-8#M1"INQ=@(45C`**Q@2%XS""D9A!:.P@E%8P2BL8!16
M,`HK&(7-6#M?"BM^%%8P"BL8A16,PO;85-A8X[*%38M?HS@SUN9*TT[8GAO!
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M$]9MU89YX@?S!(-F@L$KP>"58)`H8=UQ88WXP1K!H(B,A1;B!RT$@P,REK*+
M'V47C!KWV%366/*Q94UK06-9,S:4-6%36:=_)**L,I2R9JRQEK(F+*OHV6XW
M/>139!E%D06CR!G+O<1\#S)%EW$473"*GK`ZJYNFDI6V4$!&00'!H$"-U#?9
MZ;(+*_+0EFE8(>%@Q37A((H,A2B"091?A)NX$XM(ECMI=6GD3L;:&=$2$C9Q
M9WI&@3LR%.X(!G<$@RV"P1;!8(M@L$,PV"$8[$C8V!+$#SX(!A]D+,47/XHO
M&,47C$H+1J4%H](]-I4UEH%L6=/ZT%C6C`UE3=A4UNDAEK+*4,J:L:$E)"R+
MK_NNS55ZE%C&4&+!*/$0Y]EVTC#UED'46S#J/02:?_R(7B!CJ+U@U'Z,,_$>
M'N0Q+;?P0.+`@R'.L\T4"%+(($@A&*08`[6%R8D@L<9D"9(6GT:"9*R=!+I/
MV$20:;T$@LA0""(8NA<,4@@&*02#%(+!`\'@@6#P(&&C[L6/V@M&[64L]18_
MZBT8]1:,$@M&B06CQ#TVEG4SK0^6-=[]:IC6"@K6ES5C4UFG"_CS&JX-?5&Q
M7O<Y'+J_<*E\98:^-MB;@ET.][:X=<MHCP9[5[!R2W"8+N'OBT,7Z(/!?B_8
MY7E]+&[=_R%]JEC+VN>"70[WI;AUL_MJL&\%>S+<1*%8B7*=89.7LKK7!/N"
M-1X\%&RB4&M$^2%!AT*A?(B6C)<&@R_B!U\$@R^"00[!((=@D$,P^"`8?!`,
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M+U(-S2)A\7LZ=<V1;Q`9OQ&8_E'=V@N'C#'?@L&>Y#?]7/'49R!4=CNLJXR[
MW73G":&20Y<L"'5-;#@VQ-[N)];#,8D-QZZ)#>V2&]^1'B]0-S?;5IN\#*'!
MH=TUP6%B=DM)V4\/$32K9._R#1.O"0TYA]";PS1MR)EC-P'3S*Z)#5^'V(?N
M=]8GNL8:V"6Z3M^(L-_D1;.!K@G;L4Q2Z7J>GTBA:W4KU.3:)AAT%0QN"@8=
M!8..@L$]P:";8-!-,+@E&$U,,-@D&-01#+H(!ET$@QN"00?!H(-@U%ZP[P;[
M8;`_#/;38'\:[.[.@?<.=%2X<URX<V2X<VRX<W2X<WRX<X2X<XRX<Y2X<YRX
M<Z2X<ZRXFV@QJ3$6&CLUMF?-O"HYJ"YAXY;[S?3NAE17MTYU@I%HP<BS8*19
M,+(L&$D6C!P+1HH%(\."D6#!R*]@I%<P5"<8JA,,U0F&Z@1#=8*A.L%0G6"H
M3C!4)QBJ$PS5"1:J4Q#5*>BH$*I33T>&4)UZ.CJ$ZM33$2)4IYZ.$J$Z]72D
M"-6IYT2+276QZ&M5EU>#!]4E;%3=?(-*JJM;ISK!2+1@Y%DPTBP861:,)`M&
MC@4CQ8*18<%(L&#D5S#2*QBJ$PS5"8;J!$-U@J$ZP5"=8*A.,%0G&*H3#-4)
MANH$"]4IB.H4=%0(U:FG(T.H3CT='4)UZND($:I33T>)4)UZ.E*$ZM1SHL6D
MNEA5[U3WZ\?LO#0_J#%C[6F'?`M&N@4CVX*1[(1M60YN=[+SUZV2_NI6U$WV
M!2/Y@I%[P4B]8&1>,!(O&'E/&'^8RY3B6-7^AU*<E\&'%/=+X^OS%"E.V.5]
M[&2]NI4TD74)1]:S7_S_A-L!2\*K1XE$PA/6[:<FX=4O1]+GS.I1(I'^'*GM
MKB;]U2]'FI[\*$;U*)$H1L)<,9;^/0++2O7>;C5,[Q$*UO.Z8'N6KCIR3O-Z
MON_\RL1>5+`%?%FP^`^U&D]V-KTJ;AM>/*RI&%<A7A=[][[G3<$NAWY;W$KH
MZ67!8[6W6;\KV.70[XM;"3WOJ/E0'=;8HVYB%WBOFU:JO!C<ZV-UIGQMC@_[
M@NU9-:JI/2\3&2E5CH=?5ZH,-HQ2"49=$E9>M6QNIO4:*I,\QLI(),HP1II_
M`88ZR"#J(!A)'P/MIY=<)+T?-"4]5F2[9M62GI=JAZ3WR[>Y*2T9&Y)^/$\/
M1"2]^75)EX`D73"2+AAI3MB89O$CS8*16<'(K&!D5C"2V6-3,F.YTB8SK6.R
M_%W._7Z_9*P1#@8+1N(RMN]?/9Z7B7;T&AE++@4CEPFK!#Y-K8S,)H\QLQ*)
MS$Z1YHU(Y%E&D6?!R/,O(I'U?M24]5ATLUE/JW%CUC,V9%TPLIZQ*>N3M,BZ
MC"7K@I'UA.6LSWV1G"?[F'.)0\['.%-O(^,RAHP+1L:'.,_VTSL#$MX/FA(>
M*UTVX6D);$QXQH:$9VSH&>=EF@-%:'Y%-V1<`I)QP<AXPG+&YV=%,I[L8\8E
M#AD?XFR.DUQ(N0PBY8*1\B'0U"!)>#]D2G@\6MN$IV?N,>$9&Q*>L2GAT[L(
M$M[\NH1+0!(N&`E/6$[X5$SRG<QCOB4,^1[";/7N1,:0;L%(=XW3;@:6_12.
MM/=#I[3'LY5->WKH&M.>L2'M&9O2/LV!M#>_+NT2D+0+1MH35G@^;R,G\<EA
M3+P$(O%#H,U\&P'1)1"9ET!D?@PT7Q;(>1]HRGD\5]F<YP>NX1*:L2'G&9MR
M/LF-G#>_+N<*DG0Y"DE/6)=3\BP8=^0RECR+'ZD5C-3*6%(K?F2SQZ9LQH.1
MS69^8AJRF;$AFPD[<HAV1[V=7HF2S.K6Y5(P4BD8J12,5`I&*@4CE8*12L%(
MI6"D4C!2F;#T5#&F$GWY5*Z&Z4&R8'TJ,S:E<GK[^'S?W%HJ%7MI_%X9[+7!
MWACLK<$>#?;.8.\-]J%@-I7Q..)8R48+V=*1L7'E=]YU\;!O;B5MI#*%8VC!
M7AB,5(H?J12,5`I&*@4CE8*12L%(I6"D4C!2*=CO!OMHL$\&^VRP+P;[:K!O
M!OMNL!\&^\-@/PWVI\%8^=4DW-T[T%&!E5\SW)&!E5_CZ>C`RJ_Q=(1@Y==X
M.DJP\FL\'2E8^36>$RVF!A;/K9WJ?KGRN\T/NOTUHF!#8^L?B/.>2/4CV\EO
M7.7=3D\PY+^Z%=62?L'(OF`D7S!R+QBI%XS,"T;B$]:M,I'WC''C6"9(WNO@
M_CHY/:.CT.I6AJ)0P5"H8"A4,!0J&`KML8D"\1#=4:`N]FSST_50ZOZ).R_V
M%+]6?I0E?I0Z8?%[3=UMP_3P3*FK6TD'I4X8CY\%H]2"46K!*+5@E%HP2BT8
MI4[86.J$73X-BE_=RI2IM!R"2@M&I06CTH)1:<&H=(]-E8ZG=UOI_%@_5+I_
MU"^5%HQ*"T:E$Q8_`E@KO9^?D:ET=2LIHM(Y7-MG1:6K7PMWWD[/DA2_NI5P
M%%_"47S!*+Y@%#]CC=?H/&&7SXSB5[<R%8HOAZ#XU>_"F<&'ZE;"P0<)!Q\$
M@P\]-O$A%A<Z/ORZ^>?5B($G";O\_HGK;W4KIP!U<KB68*B3L.%ZL)__Q1+J
M5+<2#NKD<`-UJE^?X&F)`^I4MQ(.ZD@XJ%/]^G#3HSMLJFXE'&S*X=K)PJ;J
MU\+)R<*FZE;"P:8<KITL;*I^+=QY_B<RV%3=2CC8).%@4_7KPTTG"\&J&^$F
M@L4R2D>P=FG)ZRL#D3+&`DH[GKPS@$G-K\P?*F6P91<J):R[),,;P>"-C*7E
MB!\D$0R2R%A((GXP0C`8(6-AA/A1?L$HOXRE_.)'K06CUC*66HL?A>VQJ;"Q
M5F,+FU=^AL)FK-6&(N;%'O[4*\1Y_O5"RBI#*:L9*J]*J70>RK^1QJM25JZF
M&R\*GR.=^[N*:Z+#A2GZ=O[I0J@AT:'&-=%A2W+C"7^=^AP;ZDALJ'--;-B4
MW#8E+Z?=="&%7!(=<ET3';Y-T?>':64<^DETZ'=-=!B9W')>EE.KZ$3/6/SJ
MZ+E>V);#/[&:WEI06B`;EFNW&1N8FK!8G6Q,G??_PU09"E,%@Y8)*Z?0?9G%
M>H\%*?/Q!E)*(!@X!)K)#?TD#O23.'!MB+,Y3H]><$T"P34)!+&&0,N\\Q]:
M22!H)8'@T!"HVRZ_9@@"21P()'%@RQ!GT_V2_<266-^;V;+9_Q/?2?;;W__U
M?_[+_[K_&Y7O=HG$S<G\S50%&ZB3_";JZ.)>O[ZXGB/4$0SJ)"Q3YZA;H;(#
MZY7EPLB%3`)!G3'09IH1W$D.72"X(X'@SA!H?G\)=20.U)$X4*?&:1J3MS(0
M2,)!(`D'@:X)!X\D'#R2</#H%^%&-L6-<,^FVG!6P[0DG+$=SVQ=<YE:YL.^
MN97"/B]8]VCZHF"7]^.\+&X;ODMCW47$MWB-&XE>%9>.`:\+=CGZF^)6H_-C
MHV/TM\6EB_Y8L,O1WQ6WLI=H._\;V?OBT07_4+#+P7\O;G7J-_.5]V-QZ:)_
M*MCEZ)^+6XG./QE-B?E27+KH7PMV.?JWXE82LSNTA96)H+%PW+6[1M"THCQ<
M$>-_+J/5]6U-,=@H?K!1,*B7L.X$X9I@<$W&0BSQ@TF"P209"VW$#Z((!E%D
M+*P0/V@@&#20L=1<_"BR8!19QE+1WF^J82SGV1JF=;ZQA@D;FLS2T2,O[O`C
MXE%JW+HFD\,UC+(F;+BJF?OO[%;N,[?[[FXMW^J42/WUJF#][99$APMY8ODN
M=MD=IW>Y4"//LT6'&M?,';:,T=%4$],Z=\@CT2'/-='ATQA]>YR_+0UZ273H
M=4UT&#=&7[;S+AX(*-$AX#71X>08G9]Y;C</$T5C'=)2-"U0CA3-6.,9%SW!
M:#."P4?!:#,)&]N,8+09&0NUQ`\N"0:79"S$$3^8(AA,D;'00OS@@6#P0,92
M=/&CRH)191E+27N_J8:Q=FAKF!<5^\?\7<(B7+V7.<T_"$%9JUO79G*X5G[*
MFK!?MIGD5IZGYGL-KBXY3FL#E/V:V#!AB+TY3\N&T$)B0XMK8L.4(?:\P`EK
M)#2LN28T1!I"+_-__L,JB0VKKHD-T<;8\U=KPCJ)#>NNB0T1A]C=@^A$REAO
MM*1,"Y%C8TG8N%%@-SWC0LKJUI%2,$@I&+U&,$@G&*03#(8)!JD$@U2"P2#!
M8(U@L$8P*"(8K!`,5@@&!02CZH)1=<$HL6#?#?;#8'\8[*?!_C08&P7TP&P4
M,*"C`AL%C*<C`QL%C*>C`QL%C*<C!!L%C*>C!!L%C*<C!1L%C.=$BZ2Z__P?
M__K77W]__L]__^?_]E_^]U___C_^>OCKW_[M/W[[E[_]O_]#ES\@K`[_[=__
M^N__]3]%8F_YYVH.@9KJH&SD=SXQQJ]]6N.R&M?KBH[<KL;U*J'&W6I<WQ#/
M1O[Q'6/\^[LY)O^CNAK7-_?SR,T^C'RZD9O]<36N6XETY&DUKB]HU'A>C6<7
M=CG?8.33&R-]BT_?.7+`@Z(YRW-D@!]%<J8X17Y8QY@V^Y@*G]X84]GL;24W
M^Z@DGV[D*5)SLIDY16+X*70SF34M/BLKIY[(2<R#7[ET`8-/_!2?,9UBU,F.
M.L6HDQ\5^3_9_)\B_[PV=L>*_+.=P)F"8"?+KV.,.MI1QQC%%]:8@,?(/+L-
MG2DR?SP[TRE8P'>ZF%&GX,#)4N`8HXYVU#%&'?VHR#R_K62.=8S,IU_3F@5U
MC,P?;>:/D7G6<DW`0XPZV%&'&'7PHR+S!YOY0V3^8#-_B,P?;.8/D?G#V<UP
M'Z/V=M0^1NWMJ$-D_F`S?XC,'VSF#Y'Y@\W\(3)_L)Q?=>YEOH]1;+DVF=]'
MYO<V\_O(_-YF?FW&OA>OK9BO\S+'VD6]^$(<9XIZI:V@,Z-VD?F=S?PN,L]/
M4)B`:[_T[7(?F??-<A?U8I'7!-S%*%:"G"GJQ0.Y,T7F>1)SIL@\M]K.%)GW
M5^UMC&(KB1FUC5%L`G"FR#ROD9TI,L_[/&>*S//RQIDB\ZS'&],2H]CU[DPQ
M*JT%S%7>1N9Y>#2CMI%Y]E,Z4V2>+77.%)EG#Y8Q+3&*?Q1TIAC%?[,Y4V0^
M;7R;)[]$YGFGZ49%YM/.!QD5F>>QVHQ:[X3XR@YGBE%\KX`S1>;3OUG/Q]I$
MYOE';#-JB<SS_]'.%)GGWU.-:1.C^.]G9XI1?$6D,T7FTW.AS#`RGY:WQ129
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MY'X#"VTA^*+V&]1I;7P1^PVLMS:^:/T&]EH;7Z1^@SJMC7-`\?&;QC8OM'9O
M8]SAEE^G="2,GQB^77]36&/&3PC'\=RX^(G@.)ZSW;W8Q8/82S[-3/G][["^
M><+ZN%K?/6']L%JY5W>1[W?KL@&?YK"08[V]MBL'_"KX^E3)IQGZ/`X:YV1L
MK\(69V1L;\,6YV-L[\,69V-L'\/VR=N^A.VKMWT/VP]O^QFV/[WM[CZ,=P]/
M6#D[+KW4RS6<R%Q<F+V5S&TC<RZK9&X;F7,V,K>-S#D;F=M&YIR-S&TC<\X6
MK.1.`59::\QD/4MKC;G<\BOS=BQGN<19NOQPEDN<I;-QEDN<I;-QEDN<I;-Q
MEDN<I;/%65(/SM)9.>)-'-%=5CCB31S1V3CB31S1V8(!J[*LE2-NXHCNHLH1
M-W%$9^.(FSBBL\41XQ+_I'5=M6'KB]$68P]I(<!V+JQQ7>+SB;%QS[VSZS=O
M=RS@//+QQ,BX*7_"^F+';1`UL_=!],NPOGG"^KA:WSUA_;!:60-P;(A<Q+TS
MGT_,F:Z`U?4HQJZW67R:L<_CL'%6QO8J;'%.QO8V;'%&QO8^;'$^QO8Q;)^\
M[4O8OGK;][#]\+:?8?O3V^B8&.F8=C91,11!Q9[0R[K<X*UD;A.9<UDE<YO(
MG+.1N="9M9&YT)FUD;G0F;712S`&+]T1XRRQ<I;6&G.)CFFM;W<\2SSR86KY
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M<<2UY]F188U.S*<Y9ECCWH#/)ZQK][%;%V+LVGWL[H6PKCW>;F`(Z]KC_1Z&
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MRRWO`Q_>%N=GGTWNMS>A6_X]5>_XL45'X_^^U/9BX2;Z)1_&]CIL;[SM,6SO
MO.U#V-@\Y&*2ET/DQ=G("_/T.6.>QYBG.P?F>8QY.AOSY/6HMS'/8\S3C>-X
M:),/GQ>TZ6T<#VUZ&\=#F]Y&7M"FMS$7^B<??B[T3V]C+O1/;V,N]$]O8R[T
M3V][6-B5^Y(/,Y?GRRFXY+?E+J>HG]^7N["Y&9O5P\)KRN]\F..1%WHR'\8&
ME^*&A4]C?%B.9PYH-^YR$KS#YL.,NU_8NHO--4D20Y/DPX_CHK/8#=","Z+Y
M'=`++]*8IS]!7D-B<P2]7]C`B\T5"5L4R>Z")B]1)+L-^OG"/FALKDC/%UX$
MO>3#G#NV&&??`CTLO`7"YHK+7*(.]CT9MJB#?=^%+>I@W^C=+]R/<SQ?/YYC
ML+GZ,<^H@WTDY?RB#O:]#[:H@WVW1LRH@]\3O?"$@\UQ\'78WGC;8]C>>=N'
ML+&]T<7\'+8OWO8M;-^][35?.,%<["/,8]C>>=N'L+$+TW'I<]B^>-NWL'WW
M-N9RCKDX+C&7<\S%V9C+.>;B;,R%B[^W,9=H3';<P\+3TDL^K!YX5L+F-,TY
M[.-X3K?8XF)L'X0XO[@86QOCXN)H'Y$8%Q=':R,O<7&T-O)RC'EZO;-W_.5B
M]XZ_X'_.P^;&W2\\6F%SG,`6?<(_6BT\/9%/Q^O[A<<N;%[O;-,DIAOW?.%!
M!YL;ARUJ:[=P8HO:VD?.AX5'3FRN7S,N^H3?1K[$[DL^#)?N^4_UL#F^/"P\
MR&%S-UK8H@YV*SFVJ(/=2XXMZO#$9O+8@;C8!\[7P'#0VA[#]L[;/H2-/=Y.
M*Y_#]L7;OH7MN[<QETW,Q=66N?`0Y&W,91-S<>.8RR;FXFS,91-S<3;FPL,3
M'Z:VS(6')V]C+CP\>1MS66(N+B9S66(NSG:_\#KT.Q]F+J\77EQ^X</;HN_:
M]\B/P)R#M7'N<1VS;W4Y][B.61OG'M<Q:^/<XSIF;9Q?:-H^X#XL/'!B>R(O
MP6O[`,^XT*9]$.=XH<W_3]?9[+05Q&#T57@#XA%=%%4L9G)#$)1*(-BG:@BH
M/Q>%2'W]GB]569UNK*)3W_%<,[ZVIS/5!@4L:U.;.J-1J*X0\JZ7C=,&,%O3
ML*QI_3>BO5'@PLQ_C)<UK04N\TN,U`*WMT7T%O;=9+SH^9F#5O&#'SIH%/<P
M\P-VQ@]Z[("YQP]:^"\;^V38:3$$%CTMJ$=CKQ1F?H#%#UIL\\SX08MM].*'
MA?FA<U?"^0HA?A]%PP!F>C#\@!`];(D?=#,*%C_H9AYVQ@_>A"@*>,:SW\%U
MV)6SZ[`;9[=AG'FQ9]Z%W3M["'MTABT4Z0AY+]A"D>X,6RC2G6'+66RQ9V++
M66PQABT4Z0BWA2+=&;90I#O#%G)%9]CR(;;8>-C"MPHAML#X'B&$\<[X'CE#
MC^\[PO7XOCMC?GS?G3$_ON_.1J5F1LAXRTJ#`B&L5QH4"&$\,^M/&Q2PK#]M
M4,"R_K1!L:S4S`@9;ZKT(!#"L)-UBW#&NN5F1F>LV_(>1'$(&V8^&OQG7#"M
MF9E#]+0'`8L?M`<!BQ^T!\%X\8/V(-"+'[0'T2LU,T+GGAY$:0]B5'H0"-&#
MQ0_>@ZCT(!"JEQY$:0\".S-WK?O785?.KL-NG-V&?7%V%W;O["'L\;^,/+FT
MKX&=B9_:U\#.Q$]EV)GXJ0P[$S^586?BIS)L25S2W@RV)"XIPQ;R9&?80I[L
MC/$2S_2],%[BF3+&2SQ3QGB)9\IZ94,.(;]GL(]A%B=&43.O$:('XT`10ACS
M(T]&.*,^XJ)%8<R=^LA9K^,>,%(4@=D"1CK,#C"W30N<*FDTPEG"@:;1Z"4<
M:#G3BW)F(/R9"17*T(LKM)SI7-H'T[2O%RGO0,AX/)/3H@AG[?RRO"RI[$<B
M7"_+4\N2*5FF)IE3<DQ-,:=DF)I@,NM8KPGF%+9RAE[>R-_D\_3]$/';Q:?7
MS6[[>;/?O?QZ._FQ?>*^G,7Q4N']R^[Y_8?#_)K+A4^^SH?#_//XQ^?MYMMV
MG[_-=4E/\WSX]P-;7J>_Y_WWXYT\%W\```#__P,`4$L#!!0`!@`(````(0")
M^^,P]E(``![D`0`9````>&PO=V]R:W-H965T<R]S:&5E=#$U+GAM;)3=77/;
M1K:VX?.WZOT/+I_'%BE1EJ:2[))%XAL@08*?9Q[',W%-'*=LSV3VO]^KB6YT
M][HA6IF#L7.YNTEA/6P`BZ3]X__\]]-O+_[SX<O7CY]__^GEY-75RQ<??G__
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MZ^=_?'LER[WNGRA_YOO7]Z]EI9]__.6C_`3FL+_X\N$?/[U\F/SMX4&.R<O7
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M2D.K8:UAHZ'3L-6PT[#7<-!PU'#2\#"4UUR+2$*&F,BK[R_%Q(PW,7$%?NO`
MYV:J,N%&N"ES#0L-B8940Z8AUU!H*#54&FH-C8:EAI6&5L-:PT9#IV&K8:=A
MK^&@X:CAI$$N;'TMHTS(MAIFPNT0AN6J,]@AIM=OXEJ_[<?(]84K]B-D#EE`
M$D@*R2`YI("4D`I20QK($K*"M)`U9`/I(%O(#K*''"!'R`GR\!!2%`LY=8[%
MPK"<9"1,%\X<_:`;.84&@_3)8QCDPC.'+"`))(5DD!Q20$I(!:DA#60)64%:
MR!JR@720+60'V4,.D"/D!'EX""F*BM1Y+"J&SU%Q!7[;RXU<'P6YT">089";
M-H<L(`DDA620'%)`2D@%J2$-9`E905K(&K*!=)`M9`?90PZ0(^0$>7@(*<J%
MU#G,Q?FB=#I[)>/[BW=>EIH9<61ZN9%+VB`RU_%YZ'$8-$0&LH`DD!2207)(
M`2DA%:2&-)`E9`5I(6O(!M)!MI`=9`\Y0(Z0$^3A(:0H,E+G,#+N8L1PG(M>
M5"YN5"Z&04,N(`M(`DDA&22'%)`24D%J2`-90E:0%K*&;"`=9`O90?:0`^0(
M.4$>'D**<B%WJF$NGK&5F!EQ9'I1D9FIR`R#ALA`%I`$DD(R2`XI("6D@M20
M!K*$K"`M9`W90#K(%K*#["$'R!%R@CP\A!1%1EIB863<5F(XSD4O*A>W*A?#
MH"$7D`4D@:20#))#"D@)J2`UI($L(2M("UE#-I`.LH7L('O(`7*$G"`/#R%%
MN3`-TK%@G#U.AJ4;62NX^E!WP8]^U)`-TH*4D%)21LI)!:DD5:2:U)"6I!6I
M):U)&U)'VI)VI#WI0#J23B3IFIED_/12RBV%C#-C6FQ!?]5M)M+ZT+N))969
M.[6=^%$^,_U:_:.?VZD+CDI(*2DCY:2"5)(J4DUJ2$O2BM22UJ0-J2-M23O2
MGG0@'4DGDF0FK%J<&=-P&\M,WXB3%HHK_5O33NF#%^XS]SHSPR@W<>XG.EJ0
M$E)*RD@YJ2"5I(I4DQK2DK0BM:0U:4/J2%O2CK0G'4A'THDDF0D+&6?&M./&
M,F/;=&%F>HKWF3?J/9Q'\^;KL*79]VA`"XY*2"DI(^6D@E22*E)-:DA+THK4
MDM:D#:DC;4D[TIYT(!U))Y)D)JQ:G!G3EQO+3-^OD["YO>&M>3O=7/P&#7O2
MG+0@):24E)%R4D$J216I)C6D)6E%:DEKTH;4D;:D'6E/.I".I!-)`A+6-@Z(
M:=`%`7G&S;/Y$(4)2I@=V^:36W1_+?Q&-_7M1+F9<J&;DQ:DA)22,E).*D@E
MJ2+5I(:T)*U(+6E-VI`ZTI:T(^U)!]*1="))G(9R2R'C.)GF71"GX5JX;^I%
MF7$D-^E!:'3'WWS<YIPV_T;S?,06(Y:,6#IBV8CE(U:,6#EBU8C5(]:,V'+$
M5B/6CMAZQ#8CUHW8=L1V([8?L<.('4?L-&(2IJC`<9I,RV\L37TK,$K3T!T,
MPZ3?"S"?P#)7/.$.!%IP5$)*21DI)Q6DDE21:E)#6I)6I):T)FU('6E+VI'V
MI`/I2#J1)#1AU>+,F)[?6&;Z7F"4F:$]&&9&OT]@/GJG,P-:<%1"2DD9*2<5
MI))4D6I20UJ25J26M"9M2!UI2]J1]J0#Z4@ZD20S8=7BS)A^8)"9YUP$]2W$
M*$Y#5S&,DWX/P7P:4\<)M."HA)22,E).*D@EJ2+5I(:T)*U(+6E-VI`ZTI:T
M(^U)!]*1="))G,*J17$RGYX-X^0N@LX>7S@["FZZ2'/2@I204E)&RDD%J215
MI)K4D):D%:DEK4D;4D?:DG:D/>E`.I).)/-ED?,KO;^AC@/R1,?8?';Z?*T[
MW""]'4@VK^`J6;\#%0P;[JU&;#%BR8BE(Y:-6#YBQ8B5(U:-6#UBS8@M1VPU
M8NV(K4=L,V+=B&U';#=B^Q$[C-AQQ$XC)F%RT3C?!L5I,AW#OW;V,I^TUT&S
M?4>YL`IRIM_.LA/#"VC2@I204E)&RDD%J215I)K4D):D%:DEK4D;4D?:DG:D
M/>E`.I).),G34&Y]"V^^2H$X7=^],E]Z>.JC6><YZLQF>Y)QGO1;779BE*=A
MHMO)%AR5D%)21LI)!:DD5:2:U)"6I!6I):U)&U)'VI)VI#WI0#J23B3)4UBU
M>'MZH@5MOG^C]Z">;N)SG7ZKRTZ442X@<]*"E)!24D;*206I)%6DFM20EJ05
MJ26M21M21]J2=J0]Z4`ZDDXDR<Q0;NQ!IL'X%T]I?4\RO"$S.U9_JQ6<TN[T
MNV!^E(_3,-'1@J,24DK*2#FI()6DBE23&M*2M"*UI#5I0^I(6]*.M"<=2$?2
MB21Q"JL6;T&FQ1C$:;@A<ZW'82=Y:[Z?Q\SH=S+\*!>0.6E!2D@I*2/EI()4
MDBI236I(2]**U)+6I`VI(VU).]*>="`=22>29&8H-[8@TV$<RTS?>8SVF9[B
M=]OO]!L9YIN7)EGG#Q#U[[:3%J2$E)(R4DXJ2"6I(M6DAK0DK4@M:4W:D#K2
MEK0C[4D'TI%T(DEFPD+&^XSI,(YEIN\\1IGI22Y\PW.3?K]B.HSR^PQHP5$)
M*25EI)Q4D$I21:I)#6E)6I%:TIJT(76D+6E'VI,.I"/I1)+,A%6+,V/:B&.9
MZ=N+46:&CF.8&?U^Q708Y3,#6G!40DI)&2DG%:225)%J4D-:DE:DEK0F;4@=
M:4O:D?:D`^E(.I$D,V'5HLQ<JP;S,]ZO.$^)[]`MJ2U(OU_A1PUQ(BU("2DE
M9:2<5)!*4D6J20UI25J16M*:M"%UI"UI1]J3#J0CZ422+_/:#S"?W_N.XZ3:
MT<^)DVM'^BOGZYY4G'2CVH_R<1HF.EIP5$)*21DI)Q6DDE21:E)#6I)6I):T
M)FU('6E+VI'VI`/I2#J1)$YAU>(X_?5^]#7[T994G'0_VH]RV9F3%J2$E)(R
M4DXJ2"6I(M6DAK0DK4@M:4W:D#K2EK0C[4D'TI%T(DF<GNQ'7ZM^M+MY/[LZ
MHPU-R/`"2?><[41)EL_,,-'1@J,24DK*2#FI()6DBE23&M*2M"*UI#5I0^I(
M6]*.M"<=2$?2B229":L6;T%/])ROV7.VI/89W7/VHUQ`YJ0%*2&EI(R4DPI2
M2:I(-:DA+4DK4DM:DS:DCK0E[4A[TH%T))U(DAG;<QZY"C+MPY$;L>N^K1C>
MB%F*&S[WNK'L1_G,V!:E[P$M."HAI:2,E),*4DFJ2#6I(2U)*U)+6I,VI(ZT
M)>U(>]*!="2=2)*9L&KQ/O-$8_F:C65+\3YSKQO+?I3/3-BB[+_ZQU$)*25E
MI)Q4D$I21:I)#6E)6I%:TIJT(76D+6E'VI,.I"/I1)+,A%6+,V/:AV/[3-]6
MC/89VVF4YI'_3,:];BQ?#Z-\9D`+CDI(*2DCY:2"5)(J4DUJ2$O2BM22UJ0-
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M,A-6+<[,$]WCF[YW&.TS0SLQS(SN'MN)8?>8M"`EI)24D7)202I)%:DF-:0E
M:45J26O2AM21MJ0=:4\ZD(ZD$TDR,Y1;7NEQ9I[H'M^P>VQ)=75T]]B/<IO*
MG+0@):24E)%R4D$J216I)C6D)6E%:DEKTH;4D;:D'6E/.I".I!-),O-D]]C\
M?=:CUS/L'I^'JNN9V97N'OM1/C.V#^G?N%IP5$)*21DI)Q6DDE21:E)#6I)6
MI):T)FU('6E+VI'VI`/I2#J1)#-AU>)]1G6/G]'5,7\]MOK2A*5H"YI=Z<:R
M'^7C%+8H[>4Q*.'$E)21<E)!*DD5J28UI"5I16I):]*&U)&VI!UI3SJ0CJ03
M2>(4EBB.DVD?CMU2]6W%Z%+'=AKEEGYH+,^N=&/91$I]8IFT("6DE)21<E)!
M*DD5J28UI"5I16I):]*&U)&VI!UI3SJ0CJ0323(3%C+.C.D1CF6F[QU&F1G:
MB6%F=/?8=';Z[T_X?0:TX*B$E)(R4DXJ2"6I(M6DAK0DK4@M:4W:D#K2EK0C
M[4D'TI%T(DEFPJK%F3&-P"`SSSEM];W#*$Y#.S&,D^X>F[?8=9Q`"XY*2"DI
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M:4O:D?:D`^E(.I$D,[9[S'>I9D]TC\^N]IFAG1AF1G>/[<1HGQDFNA@M."HA
MI:2,E),*4DFJ2#6I(2U)*U)+6I,VI(ZT)>U(>]*!="2=2)*9L&KQ/O-$]WC&
M[K$E=3VCN\=^E`O(G+0@):24E)%R4D$J216I)C6D)6E%:DEKTH;4D;:D'6E/
M.I".I!-),O-D]WCV1/?X[&J?&=J)P3XST=UC.S':9X:)+D8+CDI(*2DCY:2"
M5)(J4DUJ2$O2BM22UJ0-J2-M23O2GG0@'4DGDF0FK%J\SYA&X-CU3-\@C*YG
MAIYAF!G=(IX-HUQ`YJ0%*2&EI(R4DPI22:I(-:DA+4DK4DM:DS:DCK0E[4A[
MTH%T))U(DIFPD'%F3"-P+#-]@S#*C.T91O?:$]TBG@VC?&9`"XY*2"DI(^6D
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MD):D%:DEK4D;4D?:DG:D/>E`.I).),G,4&Z<B)[H\-ZRPVO)?&@KN.#5[R3Y
M47Z?L;W"V^%6:L%1"2DE9:2<5)!*4D6J20UI25J16M*:M"%UI"UI1]J3#J0C
MZ422S(15B_>9)SJ\MWU_+]IG;,M/+IZ#S.AWDNQ$^5R%S\PPT=&"HQ)22LI(
M.:D@E:2*5),:TI*T(K6D-6E#ZDA;THZT)QU(1]*)))D)JQ9GQO3QQLY-?7\O
MRLS0\@LSH]])NAU&N8#,20M20DI)&2DG%:225)%J4D-:DE:DEK0F;4@=:4O:
MD?:D`^E(.I$D,V$AX\R8/EZ0F?.'\R:S5V\D9=]^_?C^7V\_RZ8R>>D^_7#;
M]_VB+%DZWX&=/Q?^Z$8%_SCL?,06SOS4Q)+Y]K#?S:;J_:K4CW+)S$@YJ2"5
MI(I4DQI+\N^$R9.(CZII?OV5H]HWRZ*C:LD?FL?;GLR79(=#,YVI"\JY'^4.
MS<*2_+._CA(WRE3V/S]/KR:J09+Z`6Y.9DG^&GY'N1]EEU&]N<(/<'-*+E/Y
M4789];Y![0>X91I+8T??M)&"HS]DMV\O14?9DC\RC[>69)@_S+.I>O=K'@QS
M3VGAS*^6.)K$15-7=&DPS!P!_4]O9_;/Y:]X=0^6!U/\\YS.U,I%,,RL_(,Z
MLB57KH(I%U:N@V'GE2<S=8R::.WH!?+FB7[>V>-^GB-_4!\MF6_D#2^$V53]
M9',_RAVS!==*+`5'-K4D?P&J^;ENU5U^QADYJ8@7^4%7M.24BE3'JTQN5'6;
M:$I\A%7W*]S8]3_+,[K3OV&;S%%8BGZ4*H7:!>9VHHSRI;#+>TKL*/FK'=VH
MU-'UN10ZO)G]XZ!XN9OA%RD<]8M,[M1E3LE5*C?%KU([ZE>9J?VRB1:)*V&:
M"<%V%%9B[!3[IF\^A-N4(W^P'BVI`Z^>U=R/<H=TP;422^;OH!I>3]A)4C_*
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MJ26M21M21]J2=J0]Z4`ZDDXDR4Q8M3@SJB4P[#.\]7_3D]IGU/75HQ_E,S-,
M=+3@J(24DC)23BI():DBU:2&M"2M2"UI3=J0.M*6M"/M20?2D70B26;"JL69
M,:V)L7W&=C'\=?1;<_;NOZ(9[#/7ZMKLT8]R`9F3%J2$E)(R4DXJ2"6I(M6D
MAK0DK4@M:4W:D#K2EK0C[4D'TI%T(DEFAG)+(>/,J#;-=^^+V+YYP_8-:4Y:
MD!)2:BGN15ZK+D?F1[FHYJ2"5)(J4DUJ2$O2BM22UJ0-J8LHJN+=$YV<L\>=
M'$?!%3UI3EJ0$E)JZ4Y.;/[NX%IUA3(_:JB6I:"O6?A1%]8J_2BW5L6U:C_J
MPEJ-'^766G*M%:DEK4D;4A=17-.H=V3:8.>V_L,=6T*.PIJBLS/GJ`4I(:66
M[LR[$3^]_'KN`LW0>?"CW+'+W5K!':X?=6&MTH]R:U5<J_:C+JS5^%%NK277
M6OE1X5JJD]/Z46ZM-=?:D+J(XC)'C2EY'?\JQ_C">S]W;$Q9BMZ2F%VKCL:C
M'^6>^YRT("66@MOOU)+:DU4/(/.CW"/F;JTP$;8])6>1(%WJ-KGD6A77JOVH
M<"UU^]3X4>YY+;G6RH\*UU+]MM:/<FNMN=;&C_)K36[4Y5;G1\E:<4A,TVJX
ML@OV`MO,"J[L[EQ_2PYK<#SU[4`PS#WQ^8@M1BQQYK>;U))\_,:MEKE1\J:+
M:?Q=JRKD]L^#3F7!54JURKU:I>(J-5=IU"KJ9;WD(BLNTJI%)F_4*VS-939<
MIE/+7`<?8(QK'G7IXHU!OW<PG!O8P;OK*6Y1Z^@]^E&N?G/2@I18BC:'_A&#
MPF9VE'TS9Z**F-L_#F84I#)>1&T0%2?4I"9>0[V8EYRP(K7Q&I.)>FFM.65#
MZM0JP9M*<0JB?F/PRF>_T9R?S3U=U-B^41?*CWZ4K_0PT=&"HQ)+4:7[B4'=
M,H[*206I)%6DFM20EJ05J26M21M2%U%<+=//&=NG^SY/V.DS5\BF8>QWS$=+
MJH#JVGGN1_EJ]6O)1$<)ET\M1=7J)]K7Y9M7ZK%R3BE(I27WZE:+5)Q1DQJU
MR-4K%=PEYZQ(;;R,VB36G+`A=6J-5WZ5N-BF$3-6[+Y!$Q7;]FSBEZ;:?A[O
MAE&NC'/2@I18"K*46HJ*W2\?4,Y1!:DD5:2:U)"6I!6I):U)&U(745RMJ#GV
MS-,I&V=WEOQ+[=&2>MFJ:XRY'^6*NR`E7#ZU%)0M(^6D@E22*E)-:DA+THK4
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M\,I/\4<1NW!K1]F#,9E<Z1[%FDMOGK5TIY:>W=WY`QUG[7OM/_4AIWNV_RQ%
M^\GL1KWL'_THMY_,20M28BF\N'0TD?N_(:4XOMD3P]0ND-MAT89D?\K+#U`^
M[P$J/D#]Q$RUL31/#%,_P9(/L'IBIGJ`-AAFPGVG/QZWYM*;8,Z%H]\%P_32
M<0)-PW#D-N;>-A+]3OS6DDJ:^ID>_2B?M'XMF>AHP5&)>T0_*K449",CY:2"
M5)(J4DUJ2$O2BM22UJ0-J8LHKI;J"KK.WST[?X[\X7RTI`JHXCSWHWRUABZB
MHX3+IY:B:O43U?6P>L2<$PM2:>GR6A4GUJ3F66LM.7%%:OU:YQ?:K>KKKSEE
M0^J>7B4.@.FY!2_7\.)$MX5'/U)^WS?MPO:$HS`I_2B5%-7JG-N)T>MZF.B3
M8A_1+Y_:B=%U:S_*_/OPP3D%2>E'!1$KN%;IZ.):E1T5K%6[B7[3:QQ=7&O)
MM59NHE^K==1?#^NO^ZRYR,;-\(MTCK!(G!/3VGLB)V,?>+^W_4C_0&\MQ1G0
M9ZA'/\H5?$Y:D!)+T86%[4?*+T$&U`DFLQ/5I2Z2TJ\55+<8GZB6+\='J>4K
M.RI8OAZ?J)9OQD>IY9=<?C4^42W?^E%F,_IAJOI0:RZ\\5,N'/7.C](+Q[DS
M7<8A=_(?^OUL?4';=R6C[:BG*'>WZN=\O!\&^=B!%AR56(IB9Y_#Y<O-S,V4
M8>80!(T$>^_4+Q-$H@BF7#BV93#,K,R[;:Q<!U,NK-P$P\S*JJFUM'\</.55
M,./"PFTPS"Q\AY,>GO(FF')AY2X8=CX80>GCI$4=7=-)ZS\@<\^NK:4H43?X
M^U?]*!^I?JWH!`=*W".&)SC[)#QE')63"E))JD@UJ2$M22M22UJ3-J0NHKA:
M4=<VJ!:[MO<]F0\M#F>!F?Y>XZ,?Y:LU3'2TX*B$E)(R4DXJ2"6I(M6DAK0D
MK4@M:4W:D+J(HFI-KJ)NJ"]7_P=QV].9*ICJ.S\&PUQYYB.V&+%DQ-(1RT8L
M'[%BQ,H1JT:L'K%FQ)8CMAJQ=L36([89L2XV5<*HC1F6D/W*R55OJH2^:77>
M6J6$P["@A#`I(4Q*"),2PJ2$,"DA3$H(DQ+"I(0P*2%,2@B3$L*DA#`I(4Q*
M"),2PJ2$H:D21MW!L(1L`TZN>HN_!Z*_(BLE'(8%)81)"6%20IB4$"8EA$D)
M85)"F)00)B6$20EA4D*8E!`F)81)"6%20IB4$"8EA&U';#=B^Q$[C-AQQ$XC
M]O`0H\J3Z<-=NCA7?]&(M,1E@M[MK?E+&PD53+9VF(0*)J&"2:AZ4Q\P5>^1
M2<Z&82[+DC.8Y`PF.8-)SF"2,YCD#"8Y@TG.8)(SF.0,)CF#2<Y"4Z6-&H/A
M5L'.X.3*6E1"F)00)B6$20EA4L+>S(=I_%4<O@D0#`M*V$\-OPL0C+NPG%1U
M>%2WG%05RTE5AW$7EI-"#\/<<E)H+">%ADFA85)HF!0:)H4.317:=,""U["[
M[9E<V39;T,$9+"JT'>=-"@V30L.DT#`I=&_F4W%!H=6E@[Q6AV'N4,IKU2X7
M?!S<V>7EI-!83@J-Y:30P[@+STX*/0QSSTX*C>6DT,.X<#G59)':#\/<<E)[
M+">UATGM0U.U-SVMH/9HKF#_[IM@87=E<M7;=[XN$`QS/X+$9)CJ3&("DYC8
MA_41DYCTIK9T]3:EQ&08YAY"8F*7BV(RC`L+H;I$$I-AF%M.8H+E)";#N'`Y
MU963F`S#W'(2$RPG,1G&A<NIUX3$9!CFEI.88#F)R3#.+X=/!4ARAF&RG$J.
M:<<$R?&[1M^GB1-B3=`_WNQ:=?\?S>=USE<'P63)"%%"0I246(Q2TEOX18)A
MG/TF0?!6>M]W<P."+I:<\K&0A,$]B_[C#VBSN0'!0I(,+"0QB!?2737WY\$Z
M$@FL(_6/UYG<JWMF24,_(EA)TH"5I/3Q2M-[7RP5!-.8"H(0;B'Z_2,?$MO-
MBDXMO44]M1F^6#"Y&H:YB$M$8)(0F`2DM[!5ZRPX(+)G]./L!Y#UWT4B^T?_
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M""9M1JQS-BQT>Q_]SU]LJ(28=E-P`O`)Z?M0P<G\K7PL]7R&5VGP2]NVH!_F
MTB`)&:8ZDX3`)"'V87T(4V?!(<A&3%+1SPW&22I@D@J85!XFE8=)Y6'+$9-:
M8UP[8E)>C)/RPJ2\H:D2FG934,)GG</-Q9QNY3CSQUXV`-O+DE:#OYV[42\<
M*>\P+"@O3,IK']8_A)2WMZ!L4EZ8E!<FY85)>6%27IB4%R;EA4EY85)>6#MB
M4EZ,D_+"I+RAJ?*:+D]07O\*[=L_,M4=<WF%6O/'5TH(DWKUIE[):A>35^@P
MS#V$E!#+20E[D\W'IX2?`'7#S.7I^>WGZ;UZGUB*W*\4A$&*_)S5I>[VB=G5
MY5'4SB0QP.H2@^>L+LD8AIFGKJ]L)2586E(RS+EP6"0X_3!W6-[<W:KK)LD1
M5I<</6=UB5:\^N1F>NM?OBIJIL\41"W<2<8^)60^A,]=Q%H409A$L+<H@K+-
M_?CZ/W*W^MZF7"(X#`LBB.4D@KV%GR%S9GXU1;N^F_K[('NS:*?%><-2$BYK
M_<>LIOJ3\A*M?D"PD$0+"TF.XH5\*<Y/2'*$=21'6$="TYOY]1Q(_*6+$AHL
M):'!4I*0>*F[VZ`OJP)BFE%_*2"V>Q7M4=:B@,`D(#!)0V_?^4*$&R;1=Z&1
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M7@73--R"8/J+--N)BP+8FPJ@^N$>)Y-AF`N;!!`F`81)`'N+-\#>@L#(;@>3
M8,$D6#`)$4P"`Y/`P"0<,`D"3((`DZ+#I,HPJ3),*AJ:*J%IBXV6L.^7Q=?9
MUOP+7.K5FRJKRKN4<!CFRBHEA$D)\1"RA_06E[`W=>VM'E:JBJE259A4]3G+
M2:$Q50H-DT(_9SFI/:9*[6%2^][<I;+T,M4]BT0!TR0*,(G"A:54,DR#+4A&
M>%FLF^2C7[*0BPA90;?;PK:=ZYSTIB*D+EHE0L.P($(PB1`>0B+46WR=;$WN
M%((S$R/4#PO2)Q'"<A*AYRPG$<)R$B$L)Q%ZSG(2(2PG$<)R$J%A.7.9-+UB
M@+"0!`@+28">7"B.SU0U8</XC-Y5G2>HM%B+DX%O7TS\,)>,^8@M1BQQ%ITS
M['J7+STS-U4-0X#L:E&`GO4(Y?,>H7+#@D>HG:DGITZWS1/#U,^P=,."1U@Y
MN_P(;3#,).^'&9+'X[,))H6O3?7LNV"87EN%T?01G]C+SF'45]#3OO$8G?VL
M16$,/I=O-S,_*LABOYK,="99A$D6[:/Z<>E@W[N`=G-EG#D6TEN+>PJY6RFH
M8>'L?#,2;(+J0$L0[3-SJZO-62+8#P@6EPCZ21>J*!D<'\<0XC$DA.-SU0\@
M*?3CS.$)[K7.=5N[`<$/("GTDR[\`!)#/\XL/@W^@0.50]/P#'(X7#!/^TYH
MG+?>HKS=X`L;$SLU")=L?L/4('`P"1Q,`@>3G0XF<8))G&`2'9BD!29I@4DR
M8+(5P20%,*DX3(H,DR+#I*"AJ1*:QN)H"6W',;SGF?:F/E&NNGV/<@-WOE"2
M8:Y<4D*8[!DP*2%,2@B3$L*DA#`I(4Q*"),2PJ2$,"DA3$H(DQ+"I(0P*2%,
M2@B3$H:F2F@Z?Z,EM"W!J(2]J1*JS55*.`P+2@B3$L*DA#`I(4Q*"),2PJ2$
M,"DA3$H(DQ+"I(0P*2%,2@B3$L*DA#`I(4Q*&)HJH6F>C9:P[ZK%&VEOJH3J
M.D1*.`P+2@B3$L*DA#`I(4Q*"),2PJ2$,"DA3$H(DQ+"I(0P*2%,2@B3$L*D
MA#`I(4Q*&)HJH6DSC9;0]I^B5V%OZGL=ZL-`4L)A6%!"F)00)B6$20EA4D*8
ME!`F)81)"6%20IB4$"8EA$D)85)"F)00)B6$20EA4D+8=L1V([8?L<.('4?L
M-&+RO8[HR:@\F297D*?S#>=T]DH2J-L5_K*K;XS%NT5O*FKJ@E*B-@P+H@:3
MJ,$D:C")&DRB!I.HP21J,(D:3*(&DZC!)&HPB1I,H@:3J,$D:C")&DRB!I.H
MP21J,(D:3*(&DZC!)&HP$[405=1,$RV(FL^3[:Y%6U=O*D_JYD;R-`P+\@23
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M$4FL/S:/SJ(6T$Q_3DJ.=3\U:`')H<9R<JA[DU_<`9+#:JW_B,^-NK&5@]K_
M>7Q0L8X<P&@=_1SE\(7KJ,-G;M7_TN'K[^WCPV<M.GPP.5:]F;/[D(?9K?JQ
MY?!AJAR^WBXWO.6(#L-,3F=7ZBY%#JE]"E%.ATG^:8W%=!AFUK[5_[*!'.9P
M;768S>WTI<.LF^#7_?UW?)BM18<9]G^4G5F3';>1A?^*PN^TN_HNO83'$>YF
ML[DO(K6^:3RTY?`BAZ2)^?OS90&H!'`.V5<OM'4RD85*?(FJ`JKKDF;1R*EH
MY+1HNYSW2*!HY*QH(X;B!X:BD9.^[923>#[M<K+=R>W*@^MX[E4;SKUH4X5.
MKV"2CLVM51[ID'"DHV@Q\V]T"@9D:',+#![I#U$UCS%?6ZO/!">%F]L:_'@U
M7<%(:/$HP:>$QM-BE]"'I\+R>#DFNFI#HNMC*'QOF3G,UP`2O;EUB99P)+IH
MS$K-CZQ6K3_$^6&Z4P?%XC:F5L*1QU/"D<P^W)3,>`3Y3<DLSRQC,JLV)%,T
M,E>T86*<\PNTTI)<%BU.9!L:!^WF]DEH:Q>&B7%K]9G@)'MS^R2T??`ISW%K
M_KD\R\Q8[N7'/%=MR+-HY%DTLBH:62W:.#.*!HY%&W$4/S(D&NSU;:><Q,UX
MEY.<&>M=>E8.]RY5&\Z]:-/,.*VZDH[-K14BZ9!PI*-H#\Z,FUMPH)?>8AZ3
MM37Y/&&;6T2>UH-(91]Y3&4\7/2I?'!.7!M,#R]-ZU-<M2G%TTD_YH^D.?[Z
MHTB98@WWI/EUR;EO&FF/LYYVKIXV<]?DF=&>-\V'>=',Y=YW2E[<=G<<KLE;
M)ZD?__Z7?\Q_Z[^OM_$]G$T;,E?]4B--]0:?>6*;Q@[S!O]=<^ONT\E<:?K0
M#)AN!B&263O03W_9)#LE<ROYW3H0D:=+%OGM(T_YC?OR.;_];R_.<]^^W,@/
M<U_5QC6NX]2-6_X(HX"8SZID7312+!HI%@TX12.)HD&D:&1,--(DVDNCO3+:
M:Z.],=I;H[TSVI=&>V^T#T;[RFA?&^T;HWUKM.^,]KW16.,:$CAQ%@\F'6?;
M]21FK_DMP:I-/$UK4O!4FN+6)C9X$@V>1(,GT>!)-'@2#9Y$@R?1X$DT>!(-
MGD2#)]'@231X$@V>1(,GT>!)-'@2#9Y$@R?1X$DT>!(-GD2#)]&"IUZ<>(J'
M.LM3>=H;YZ>BC3Q=3'^&!T^;6\>3:/`D&CR)!D^BP9-H\"0:/(D&3Z+!DVCP
M)!H\B09/HL&3:/`D&CR)!D^BP9-H\"0:/(D&3Z+!DVCP)!H\B18\]>+$4SS3
M=CP]?)-6'H)'SJH6;UGG/<3%=-L$:.G7D5;%O">!--$@K6AQP]D=8UK!`K[-
MK1T"^$0#/M&`3S3@*QJGUN(!W^;7=V5:_8#'S:TUA4?1X%$T>.RU:<CBR;D;
MLKRDE$?J<6BJEMEE&$3C^B$:HR`:HU"T\=-N%]-2":.PN;539Q2*QNLM36,4
M-K\^DU,X!F9S:TT9F**-`[/Y]>&FAR\&9G-KX1B8HG6]8V`VOS[<]*#!6&UN
MA)O&*IZ^N[%ZN+S*X_HXAD6+9Y>._.E1C&'=W-I9,:PU7`X_PUJU))IA+=I8
M7/LI<0SKYM8.P;!*.(9U\\L>+_.?^S*LFUL+Q[!*..IM\\MPAXOI/IMAW=Q:
M.(95PC&LFU\?;KK-8E@W-\)-PQH+"-VP9@F6E85Q^*J&V!UOWFEA_-*O]9\!
MK.(P@$7KGCX9P-:XAT2>F!C!](M'IO/?3Z?->$ITQC-;Y2E(=`8T_2+ZV1R=
MX97H#&^V^DQTQC?]2O3I`L-H2W1&.UM])CK#G7XE>M;Y-/BQY&$'OZR%C(-?
MM+BCVVIW/_\*-F._N75#7\,-0U^T<>B+]M`243U$6XN8/S[#P$ML!OZ4V(S[
MYE92-TW@#+O$9MBW1ID:88I1MVY3\3/T<@2&WC:=)DY&?G,KO<]I;QSXP[2@
MM57]:I@6KJH6D\@V\(?+B=C;)=URX%6[,WY/C'9OM*=&>V:TYT9[8;271GME
MM-=&>V.TMT9[9[0OC?;>:!^,]I71OC;:-T;[UFC?&>U[HW'O/0SFQ%,L3W43
MR8,W!X>RGC5,,)N&;0--7N4`M-9VV6Z_'F]B/\5LCN/E:KK1AKX6,!<=P4]%
M^%,1`%6$0!5!4$485!$(581"%<%013A4$1!5A$0505%%6%01&%6$1A7!445X
M5!$@JYA#"9"B!9!5-&_)'&(AL`,R)[BR0CB"U[3^TG:8O]`)>.G737%5S'M0
MIKAT3)(/E].U!/#2KP4$O")VM^]P)QK8B09UH@&=:#`G&LB)!G&B`9QH\"8:
MN(D&;:(!FVBP)AJHB09IH@&::'`F&I@5K7OJ`K.JQ1\N;%.0D!#HI2,C-TV&
ML>9EV2N+82-[31N/F!?N^E>)A_1KJ##I57%@+QWS%/;S!R9@+_U:0-B3@+"7
MCEW`>5<='M.O!01("0B0H@&D:``I&D"*!I"B`:1H`%FU87#W\[>5@#3]VHE`
MJ02$4M&@5#0H%0U*18-2T:!4-"BMVG`BA_F3`D%I.G(F$Z6QDF8I+4ML(Z5-
M&RG-YXI&:?JUU$%I%0=*TS&A.LR?YX'2]&L!H50"0FDZ]@&GFVLH3;\6$$HE
M()2F8P846B`W_5I`T)6`H%NTB[RL@:YHH"MM0;=JPXCOY@L*Z*9?ZPSH2D#0
M3<?/G!TXIU\+",\2$)Z+UIT=/(L&S](6GJLVG-WA<J(K>$Y'>C/Q',N,EN>R
M_CCRW#0";O/\?C==H+GBIU\[?7BNXL!S.F;`P^6T)`'/Z=<"PK,$A.=T[`+.
M*T7PG'XM(#Q+0'A.QPRXGU\7A>?T:P'A60+"<SIV`>?I%,;3KP4$<@D(Y.F8
M`7?SMQ:!//U:0""7@$">CAGP,`<$\O1K`8%<`@)YT4;(10-R:0OD51L@%^0"
M\G2D-Q/DL3[;0?[P<U99T!WA;]KY^DK(^=DRK??#?;JTC,!]%0?NT[%/\;0X
M`/?IUP+"O02$^W3,@((IW*=?"PCW$A#NTS$#'N9OU,-]^K6`<"\!X3X=^X!3
M#N$^_5I`N)>`<)^.&7"OG]GH_%I`N)>`<.\"'JZF08'[]&L!X5X"PGTZ9@\/
M\VNE3/CIUP)2#!*08DC'6*@"P6GJC3I('X)-=1`+VK^I#LH*^%@'58L/XFP7
M`5FVHQA:V_(*E;RS3654CZ$R3HI.98S1'R&,W_V@3B0\=7)2>.ID##_GF9J1
MX-3,2<&IF3'XQ72YHWZ*0[?(2_V<%)SZ&8,_FA]A*":)3C&=%)V+R!A]S@N%
M)<$IK)."4UAC\$?S;W1091*=*CLI.E4V1=]-A4W)271*[J3H47=C^/[/'Z8B
MC&V&SQ7A_.+9H>Y+Y#+;S;)I7/6V(CQ<Z?-O:WOH%_U4O.LCMDF(*E-/ZDI%
M"DM%JDA%*D=%2D=%ZD1%:D-%BD-%*D%%X%<1^E4$=17!6T7X5A&8581?%0%8
M16A5$4!5A%`5`\=!G0B,[8Z.P%SE*_L@XW1?M/$C$O-GA)CM-[=&#_.[:&`F
M&I2)!F2BP9AH("8:A(D&8*+!EVC@)1ITB09<HL&6:*`E&F2)!EBBP95H8"4:
M5(D&5*+!E&@@)1I$B19`]>+(T_%3VV*K8=H6J]JX+78U7;QOEW1+GE2[,WY/
MC'9OM*=&>V:TYT9[8;271GMEM-=&>V.TMT9[9[0OC?;>:!^,]I71OC;:-T;[
MUFC?&>U[H\'3,)@33[%!T<U/#SZN'>N.1G^%W#1LVQ72;(MU?AUI-6`N.D%:
M.PAKV%O`P]6T5`9]Z=<"@I^*\*<B`*H(@2J"H(HPJ"(0J@B%*H*ABG"H(B"J
M"(DJ@J**L*@B,*H(C2J"HXKPJ")`5C&'$B!%"R"KN#Z-3$#&MD4'Y';!/+;]
MC.WNZF;9-%:1DQ/=%NO\&B>/M\;](U'GV`><'OT`KW4F3Q7PBLCR23L(W(D&
M=J)!G6A`)QK,B09RHD&<:``G&KR)!FZB09MHP"8:K(D&:J)!FFB`)AJ<B09F
M11NVQ9HVK%VY;;'.D5&:V(O-",M>VZ781A;VFM8OT,H6!U?7]&M8P%X5!_;2
M,=DSVV*M;<<9[$E`V+,!=5NL\VL]!$@)")"B`:1H`"D:0(H&D*(!I&@`6;5A
M<&6C`TC3KYT(E$I`*!4-2D6#4M&@M&C#"JMJ4"IMF0RK-IR(,!,39#HJI;'%
M8"EM>P\]I4T;*9TV+J`T_5KJH+2*`Z7IF)2:;;'6=J14`D*I#SA=ZYDUTZ_U
M$$HE()2F8_90:('<]&L!05<"@F[1NA$'7=%`5]J";M6&$3?;8IU?ZPSH2D#0
M=0'E[,`Y_5I`>):`\%RT[NR8=46#9VD+SU4;SLYMBW6.]&::=6,WP?+<MAEZ
MGIO&D;<KONQ1P'/ZM=.'YRH./*=C!C3;8JWMR+,$A&<;4+?%.K_60WB6@/#L
M`LI^`SRG7PL(SQ(0GM,Q3UD0@O'T:P&!7`(">3IF0+,MUOFU@$`N`8'<!33;
M8IU?"PCD$A#(BS9"+AJ02UL@K]H`N2`7DW8ZTIL)\M@JZ"!_^#FK[2WT\#=M
MVQ:;7A2$^W1I&8'[*@[<IV..F>S`/-G:\KGB%I"[#0D(]RZ@8,H\GGXM(-Q+
M0+A/Q[Z'TRG#??JU@'`O`>$^'?N`LBW6^;6`<"\!X=X%--MBG5\+"/<2$.Y=
M0!D4)O?T:P'A7@+"?3KVISP]SS#AIU\+2#%(0(HA'>NVV)2^J(/T(=A4![%T
M_YOJH*WU;_AQZWW21@'%T-J6;;'+^;?EJ(SBT>W^W#5M_16*[1(CFVY4QAC]
MT6XWK:Q1)Q*>.JG-/K^G1YV,X><=<&I&@E,S)P6G9L;@C^;-9@I(HE-`)T7G
MPC%&Y],`XWXAU231J::3HG.7/T6?)@0J2X)362<%I[+&X(^FX%29!*?*3@I.
ME8W!9QRI.`E.Q9T4/,INC-YO`D\U&/L5GZO!>5?LV#8X^AIL&A>]K4K,KMC6
MMM\5:V*NGE!V)2#_TV8@2DPT:JH>.-M24^)'_8A&R4A;2D;\*`_1*`AI2T&(
M'_"+!N[2%MS%#[1%@V9I"\WB![FB`:NT!5;Q`TS18%':PJ+X!7>].)$6&QD=
M:;F85W8XAMVOX[;KT0.E3ZJ;6^.$:5PT>!(-GD2#)]'@231X$@V>1(,GT>!)
M-'@2#9Y$@R?1X$DT>!(-GD2#)]'@231X$@V>1(,GT>!)-'@2#9Y$"YYZ<>3I
MXE.[7ZMAVOVJVK3[-;T`<KND6_*DVIWQ>V*T>Z,]-=HSHSTWV@NCO33:*Z.]
M-MH;H[TUVCNC?6FT]T;[8+2OC/:UT;XQVK=&^\YHWQL-GH;!G'B*?0@W/UW4
M#8I\Z+E9JC;P=#R3#WRD6\=3"4?3IL&3:/`D&CR)!D^BP9-H\"0:/(D&3Z+!
MDVCP)!H\B09/HL&3:/`D&CR)!D^BP9-H\"0:/(D&3Z+!DVCP)%KPU(L33[$S
M87FJ6Q8#3U7+&QDF(]$>&PUXQ`]X1`,>T8"G:L-ZQO%LND<'J/1KU$*4BB"E
M(DRI"%0J0I6*8*4B7*D(6"I"EHJ@I2)LJ0A<*D*7BN"E(GRI"&!5S/$&,-$"
ML%Z<`(M]@0ZP!Y>16/&2+U\U+3L">-4O-<`3#?!$`SS1`$\TP*M:_/+5]LAP
M/)L>L0`O_3KP5`0\%0%/1<!3$?!4!#P5`4]%P%,1\%0$/!4!3T7`4Q'P5`0\
M%0%/1<"K8HXMX(D6X/7B!%ZL]'?@;7?R%VT+8+NT<:6L6AX0P$0#,-$`K&AT
MI8T]@(D&8+5M/BX"6-7B=[DZP*85*@!+OW809K8B7N;N/7R)!EY%XU=B6EOH
M$C_@$@VV:ML\!FB)'V2)!EBBP95H8"4:5(D&5$7KS@.FQ`^D1(.HH@T[\%7K
M!BZ(*HY%G(B*U7)+5%M&WQ(,455+*B!*-(@2#:)://JR42$_%P%EZ==&%LRJ
M.&"6CEW`^2\#P2S]6D`PDX!@EHX9<#]OU(->^K6`L"<!82\=NX#ZAT^=7PL(
MD!(0(*N6^0=(\0-(T0"R:L/]AFPW`6GZM<Y`J02$TJ)UI$&I:%`J;9GWJC9T
M1F`(<M.1WDSHQ@*W1;>M?/?H5BU3![JB@:YHH-OB]>C*UA/HIE]+'>A6<4`W
M'1,,V>T$W?1K`4%7`H)N.F;`X_R#)*";?BT@Z$I`T$W'#"C;2$REZ=<"@JX$
M!-UT[`+.M0#.Z=<"PK,$A.=TS(!F<[+S:P'A60+"<]%&GD6#9VD+SU4;>!9"
M@N=TI#<3S[%RW/'\\%UE6VKN.6\:CT?;-&M>`KU(OY86X*]B%@GP-\=MMW.Z
MD,-]NK18<"^QN#-(Q^S<8?YK(+A/OQ80[B4@W*?C9P+"??JU@'`O`>$^';N`
M\[X,W*=?"PCW$A#NT[$/..40[M.O!81["0CWZ=@%G'/(/)Y^+2#<2T"X3\<N
MH/[-7N?7`E(,$I!BR("?_)N]SH=@4QW$2G97!WF36]?"A\?WHD5=;;@?Y]^\
M9ZK?W%K?H;V&&V@O&G7<_,!;-.B6MM`M?I`L&B!+6T`6/Z`5#6:E+<R*'WR*
M!I[2%CS%#Q1%@T1I"XGB!W6B`9VT!3KQX^9!-/B2MO`E?C&Q]N+$4ZQD6Y[*
M$O>P_7%1M80">(H6?^_6,39MB<"3-&7V-$W-)G9SNUK_T%I^AP7>)#:\G1(;
M!*M;B?UH.9O>Z0-("0Z0IP2'T2'XO#L.KQ(:7D\)#<)CZ*G7X"RAP?F4T!`^
MA'YT,;TQ`.X2&]Q/B4T%;+$3%OEI&8I"CD!1G'($ZF0[0DROCZ;.4S,2FIHY
M)724T1"[_[6AL:8N/[4%M!JF+:"JQ9S?U<_4[]LEW=K<^[AIW4\PW!GMB='N
MC?;4:,^,]MQH+XSVTFBOC/;::&^,]M9H[XSVI='>&^V#T;XRVM=&^\9HWQKM
M.Z-];S3@:FRL<^O$4ZSF=W/T@_>^EV7Y?YB[F];/W56;YNYI,H&S&BZ;PED[
M1*XQ`5H1^?N%<F\S706@3B)!G48"NRU25H5,%)`H\2!1XX'B%B]Z-KU;!I42
M!RHU#E@.<9;I#ZQ!5`*!J`:"T2'0H_D6%6`E$L!J)(@=(DU;),`K<8!7XT#O
M%N<S*0=HB0?0&B^(W@)&SOE\\O:&U81W["7\)KSKYD-_JWM9M&$:Y?=TMD/6
M3VNE6S>-UG`#WNT0_;1L[DUJ/%XGC'.\FK=:(5Z"0_Q)P2F"XE>#NYN3%BF[
M#O\G1:<DANA+CLZ:*FJBQLG8U,1)L2F3(?9N>J"C3"0V97)2;"IGB,V7/J99
MAM*1Z)3.2=&IIB&Z5I.$III."DV!#:'UUJ3%R81362?%CF(;@A^[KXE/Q1;[
M)Y\KMOG%NLNZX3(46]&&8C/OU=6FN'7%MC5M&M<2T;B4B$8MB48MB4;=B,:5
M0C0J132J0C0J030J032H%PW218-TT:!:-#@6#8Y%@UG1F/9%`U31@%(TIGC1
M`%&T@*X7)\YB5Z7C;%NG8/-*=GNK%H^IW3VPO`:5;HT=[DU*.)HV#9Y$@R?1
MX$DT>!(-GD2#)]'@231X$@V>1(,GT>!)-'@2#9Y$@R?1X$DT>!(-GD2#)]'@
M231X$@V>1(,GT8*G7IQXBKT.RU/;!-D`N%GB1]SCE_[ZB_=QT9N!S:VQ`T^B
MP9-H\"0:/(D&3Z+!DVCP)!H\B09/HL&3:/`D&CR)!D^BP9-H\"0:/(D&3Z+!
MDVCP)!H\B09/HL&3:/`D6O#4BQ-/L==@>6J;$#U/5<LK\^T2OW@S_DXY\(@&
M/*(!CVC`(QKPB`8\51MV4^35*(!*OT8W1*D(4BK"E(I`I2)4J0A6*L*5BH"E
M(F2I"%HJPI:*P*4B=*D(7BK"5Q5SN.%+M."K%R>^F'MZOAY^9H\&\]I0U;(C
M<"<:W(D&=Z+!G6AP)QK<B09W51O?C-+?\.G\.NZR<1/A3D6X4Q'N5(0[%>%.
M1;A3$>Y4A#L5X4Y%N%,1[E2$.Q7A3D6XJV(.-]R)%MSUXL1=+/7;>:WL`8QK
M0E7+`\*7:/`E&GRU>%RSMYNVP_S+7S"7?FWH@:Z*>=<&=$7KMIB!3C0FMJ)Q
MK]#B,:^)!EZB09=HP"4:;(D&6J)!EFB`)1I<B096HD&5:$!5M&[7#:;$#Z1$
M@ZBB#2]!-6VX@,C`!66U<3GRA%DLA5O,ZOKZ\+A8M0$ST<!,-#!K\7K,CLOT
M0B:8I5_#`LRJ.&"6CLGM\6Q:H@"]]&L!8:^(':.P)QKLB09[HL&>:+`G&NR)
M!GNBP9YHL"<:[(D&>Z+!7M$Z?F!/_&!/--B3MLQF51O8D]$,]M*1[(_L77UJ
M>V4U3)?0IO7LJ?9X4>UNTZ;>3J@\Z?T:*O>;V+/7#C($E`^3/-O:ELI;U^.>
M;V(&?+%I0T#S5EYWX-;#5UOC#/AZT\:`\YM(;WJ_%O#M)F;`=YN6^?]RT]+O
MO=$^;-KG._-5[]<Z\_4FYD&^:5I7OM\:[;NF==A_OVE#9X[SIB[HCKF>T(TE
M<3=M7K45].VB=K,T+5-W:S30K6W3#W1;O'[:E'>N0#?]6NI`MXJ9NJ>;-IR^
M>2NOM<6O!01="0BZ>>1^'IZV9E[V?BT@Z$I`T'4!S5MYG5\+"+H2$'1MP+D6
MP#G]6D!XEH#PG(YYRN:MO,ZO!81G"0C/11MY%@V>I2T\5VT84"$D>$Y'>C/Q
M'*O.'<\//N5<M?7LC0XX;QH'VNXDS5MYG5]+"_#7Q@/\+6#;A]3;A=9L^&1(
M$S,6W&>L[)QY*Z_S:YV#>^D<W)\4$.[3KP6$>PD(]^G8]5#?RNO\6D"XEX!P
M[P-.ESVX3[\6$.XE(-RG8]?#><N3>3S]6D"XEX!PGXY=0'TKK_-K`2D&"4@Q
M9,"R<^WF]?0AV%0'L1#>U<&VVGU55LB'IZZJ/?167KJUOD-[#9>$,M47K9MP
MF=9%8U:7MM`M?MQ\B`;(TA:0Q0]H18-9:0NSXL<MA6C@*6W!4_Q`431(E+:0
M*'Y0)QK025N@$S]N'D2#+VD+7^(7$VLO3CS%0KCE*0SS+6[5$@KN$XHVO=DQ
M[93"DS2%)]/4['Q7-[[;&Q6S.^ZGUT8`3H(#W"G!8;"XU>"/=F>ZSJ310?*4
MZ%!:W<I+?_//"D!LL7?O54'L*:&!>`C-]W;&%Q`@6F)#]"FQ@7R(O9Q/HPGQ
M$AOB3XE-$0RQ'^VFP:0B)#85<4ILBF2,/;]I0,5(;"KFE-A11$/P_N70J:)B
M*\!65-DC&&?HH@W[V\>SZ0T)BFQSZV;H&BZ+D8H2C1E:-`I&-`I&-*I#-&9H
MT2@'T6!?-'@7#=Y%`V[1X%DT>!8->$6#5]'@533@%`T>18-'T8!/-'@3#=Y$
M"[AZ<>(IEOX[GAZ^\ZU[!?W"V%6_?U#?4*K:-'-/]<C,+4WAK!VB?R>OBO6=
MO-UN6CF#.HD$=1H)[(H87R?N;M.GGD&BQ(-$C0>*6[RX@DRS&51*'*C4.&`Y
MQ)&Y"T8E$HQJ)"`=(\V_]02Q$@EB-1+(CI&FRP#X2B#PU4#PNP7Z3-)!6N*!
MM,8+IK>`Y4XW\SX!'GL,OPGPNBDQ`%ZT82(U;^5=;6[=1%K##1-I.P3_VR$X
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MJ)2V3//2%A"E;4#7-YXXBZV5CK-<JVA[+MN`W2Q717OHS;QT:V/-'<K6M&GP
M)!H\B09/HL&3:/`D&CR)!D^BP9-H\"0:/(D&3Z+!DVCP)!H\B09/HL&3:/`D
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M._/G=QZ'8]7*=>48(\4O+IE>'B,FSYS.%!GC9TB<*?+%+SHX4V2$[^`[4W21
M/[<QID.TXD>EG2E:@:<S11YYE'>FR",_R^A,5V&Z<J9C##7+HJ;5/EKM;:L5
M$,_'(3)_L)D_1.8/-O.'R/S!9OX0F><GYET/HU6YYYS1V4>KO6\5F=_;S.\C
M\WN;^7UDOGS,4HX5F=_;S.^BU<Z.URY:E1O7.>`N,K^SF=_'>.W]>$7F]S;S
MZSSAIXE=M-K95KL8KYT=KUUD?F?':Q>9W]G,[R+S.YOY761^9S-_'JW.;:MU
M"O`SP#JI^CEUG5+/[7B=1^;+38D,2F1^9S._1"N^;6\0/8]6Y[;5>63^W&;^
M/#)?MI+G;IQ'YOG8FSM69+YLV\VMEFA5[LK$%*T6.UY+9'ZQF5]BO!8[7DLP
MOUCFEV"^O`4S=R,:V3;1Q(Y5)-WF?(F<+S;G2^1\L3E?(N=EU7[N&T\_U^LS
MJ4DZ=[+7Z[VPVO[,P6SUK)VP(T@7;(NUW$R+/S-XG[BMB&&UHQJ#:L<TAM2-
M*(\.Y]<\*[B>\6AP'N?O;-SZKSFU1AX%=]>WL6>IB<-V")OM)>L?8;.LQ`&Q
MN<[PK'A^S<.AL_$L>'[-PY^S\:QW?LW#G;/Q+'=^S<.;L_&L=G[-PYFSD9@5
M4=[LTI.GHTMTU$%*1Y?HJ+/1T24ZZFQT=(F..AL=7:*CSL;(+S'RSL;(+S'R
MSL8)KHQ;8[Q5>KV^1JHG'V^2<D#>UE1;O"G*`:TMW@2%7F\DHV>149=M,GH6
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M&QT]1D>=C8X>HZ/.QL@?8^2=C9$/ZJV-$UQOW:R18^V9@?B"K8X@!]S'`9V-
M`^[C@,[&`=?ZM$8R>HB,NBL]&3U$1IV-C!XBH\Y&1@^146?C)`YQ$L[&21SB
M))R-G^TH-[PNW?PX5]1+V9B8)B!LZX6)'_C0E'*&<?/$M\^M;1<V-^61M7UD
MS:6;F/O(FK,]#QNI<S:^'K:_)G7.QN>_]LQ`UL:/H436[/H'65N+R1K)S#&R
MYC+*+]E$H5D;OU03A69M\0-Z8&%M\5MX8&%M_)),%)JU\4LQ46C6QLE'H5D;
M[:)>[)H1[:)>K(VDK?5BC20M[HQM0DE:U)*UD;2H)6LC:5%+UD;2HI:LC:0=
M(FFN7CCYJ#-KXQSV<0Z.-,XAR+8VSB'(MC;.81_GX&)R#OLX!V?C'/9Q#LY&
M/^-R9I<*Z6<\35@;`[@^]E@C0>.QQRXR$G0705W)<_*[.'EGXR1V<1+.!FDQ
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MW2QL"=SRCRDE^AFU:Q?^Z6?4KK71+B99NRM`NYADK8VDK9.L-=+1>-BPJ_5/
MPG;O;<_"]MS;7H;ME;>]"=M;;Z,O<7-HMP?HRR&.YZ88CG>(F,Y&NV.<@[MU
MXAR.$=/9B'F,<W`VSN$8QW.VVX6M@,?\8P8>VR%LKI_8CF'[1,RKL#F82-<9
M-K_-$7G!P1WOR<+Z_3W_F'X^"]MS;Z.?<3R[N/\D;/?>]BQLS[V-F$O$=!>S
MFX5M@3O^,?W$MH3M$^W.KS\L?F-@86<`F[L)(.8^;/XNA_T5;"Z?CQ?V#>[X
MQ_03VSYL/B;;`]C<N-\L[`]@<PL!MPL;!-C<2@>VJ["YL;U9SB+FF8N)+6*>
MN9C8(N:9B\GQ8HP^M8T08V3W$6AW'C97*QPO\G+F\G(?MJ?>]CQL+[SM5=A>
M>]O;L+WSMO=A^^!M]"58.G/CCFT?_73C3C_C^=+:Z&<\7UH;,0\1TS%(S$/$
M=#9B'B*FLW'NASAW9[NY8AAX;UF?NF_87+CS>POL`=WQ%IQK<W7]@?>9C&7A
MO0_RZ.O\;`F;J_/'+(7>V572QZP>W]G%XQNV&^[L;L,-&RUW=I_E]HH2Y@]>
MM.>W;,#<^?T7EF+O^$Z?MKEA'?;.KL+>\&[,G7TSYI;EV3N[.GO#XNR=79N]
M93GTSJZ&WK#^>&>7'^^Q/+66YUA>6,LK+*^MY2V6=];R'LL':[F_@!(^^*UY
MNV=%]:E=4'V.Y86UO,+RVEKN+Q>B.:J>8WEA+:^PO+:6MUC>6<LMZUJ/[:K6
M+>]0/;9O4-U><$GDIR0U![<LA#VVZV"W%[OK>[L*=LNBU+U=D[H]7M`W=S5X
M@N65M=RRAO?8+N$]P7)O+<^P/+>6EUA>%<L?MA7!7_[TQ__\\+>/KW[X^6]_
M__<O7_SSXU]Y#^WL]RPX?O'SW__VX_8?O_[T']YR_-T7__W3K[_^]*_U__[X
M\8?_^?AS>./\UY]^^K7]!ZG\P__]]/,_UG?=_O3_`@```/__`P!02P,$%``&
M``@````A`%]^<>O0&0``IH4``!D```!X;"]W;W)K<VAE971S+W-H965T,30N
M>&ULE)U=<]LXLH;O3]7Y#R[?;VQ]VE8EV1I;$K\D4=37N?8X3N*:.$K9GLWN
MOS\-HIM`]XMUG)MQYD'WJP8;!($61;[_Y[\?OYW\Z_[I^>'X_<-I[]WYZ<G]
M][OCIX?O7SZ<[G?S?UR>GCR_W'[_=/OM^/W^P^E_[I]/__GQ?__G_<_CTU_/
M7^_O7TY(X?OSA].O+R\_)F=GSW=?[Q]OG]\=?]Q_IY;/QZ?'VQ?ZWZ<O9\\_
MGNYO/[5.C]_.^N?GX[/'VX?OIUYA\O06C>/GSP]W]]/CW=^/]]]?O,C3_;?;
M%XK_^>O#CV=1>[Q[B]SC[=-??__XQ]WQ\0=)_/GP[>'E/ZWHZ<GCW:3X\OWX
M=/OG-^KWOWO#VSO1;O\'Y!\?[IZ.S\?/+^]([LP'BGV^.KLZ(Z6/[S\]4`_<
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M!HY/V!N#[74#@O[Q>^'V9!2X?TC`P[>-@YX,!/>/WXR8QH[O;!A$;QQ]=$:P
M:QA&O;=&+`.I%T;26X^Q#*5>&$MOC5@&4R^,)CIAWS)^>S*<W#]^[Q#W93RY
M?_S>H.C+>'+_D$'QMH#[,I[</]X4\)F?W-I)<7K[<OOQ_=/QYPE=:>BSGW_<
MNNM6;^+4>#KDT[V;(&F>OG/F?SC[#Z=TB&GF>R;ZKX_#?N_]V;]HQKUCFVNT
M,18W8N%F72<[M6!FP=R"S(+<@L*"TH+*@H4%2PM6%M06K"UH+-A8L+5@9\'>
M@D,$SBB774(IA[^54&?O$BJIN!80,MS7^;T1"W&96C"S8&Y!9D%N06%!:4%E
MP<*"I04K"VH+UA8T%FPLV%JPLV!OP2$"*GLTQ\?9D[/.X0^G]-_NK.L/+G16
MKKT-7:4D+3=`ID!F0.9`,B`YD`)(":0"L@"R!+("4@-9`VF`;(!L@>R`[($<
M8J)R1Q?95.X<IMF5,MXE#Z=,;S2DBVUD9,^[SD@R/`4R`S('D@')@11`2B`5
MD`60)9`5D!K(&D@#9`-D"V0'9`_D$!.53TI&*I\.M_F4+%Q[,J0E2Y2\@3X]
M;SHC<9L"F0&9`\F`Y$`*("60"L@"R!+("D@-9`VD`;(!L@6R`[('<HB)2AXM
M/>/DM>N:_N@=V?N-#*YLG(?.JR<FKT.3U\ZHRRN0&9`YD`Q(#J0`4@*I@"R`
M+(&L@-1`UD`:(!L@6R`[('L@AYBHO-))]IMY=1XZKYZ8O(Y,7CNC+J]`9D#F
M0#(@.9`"2`FD`K(`L@2R`E(#60-I@&R`;('L@.R!'&*B\DH[BCBOLO!Q6"?/
M$Y.\L4E>9]0E#\@,R!Q(!B0'4@`I@51`%D"60%9`:B!K(`V0#9`MD!V0/9!#
M3%3R:-N<2I[#.GF>F.29A>Q-9]0E#\@,R!Q(!B0'4@`I@51`%D"60%9`:B!K
M(`V0#9`MD!V0/9!#3%3R7$DLSAZ7`-ZYHM_+UX>[OZZ/M*SIA0J`L]=I;24^
MG`ZII5L!]4?VI`Q676(946E+T$Q0V)'.$66"@F..J$!4(JH0+1`M$:T0U8C6
MB!I!H8\;1%M!H8\[0<%QC^@@J'74N795`RSW_/=<^RH#;5XD/]>N#$KIOQQV
MZ`;1E!'5XL1QQLC7]MNJSQQ1)HZATSFB`E&)J&(TH*'?#<MA_U)?*Q;!2D)=
M(EHAJA&M$36(-HBVC*(38<<H.EY[1`?EJ'/M:@Q1KN62ZG:B]OSE<H0[XZ6L
M-[@T!^J&'2_]ER6^;,=:<9H]BL*>LV.$,@DB3O-;@B@PB!*U*K&B9637H6'_
MRF:>/W'<#=(E._8#6B6U!N=:JPY6,HK6J-6(53AY-HBVC-1@>,O!V8M6R-!!
M:>GQX0H9J?'!!8[XG/>(,A\=S@$4=3LK.013ZD([UN+QT5D%K<&5.9QS=HS&
M6B9:\9!):`T'IFQ2H%:)6E6P"G$-!V87OPA6TL<E:JV"5=""\ZD.5J*U1JV&
M473R;!!MT7''Z/6D[8.5!'%06GK(N%I):LCX&@J--1&Y[GED/MUNGH.5.$X9
MJ2M'4LMLV.:HE8E6/&226F:I4J!6B5I5L`II'MJZ[")821^7J+4*5K&6F8+K
M8"5::]1J&*DAX[L=H2TZ[H)\'(1)VCY821`'I:6'#,T9\9#YY>K2V9O5I4=T
M&7=?-_7/>^:DO'%?5I(/&4A`4T9J%'56<>?,-6&.6IEHQ:,HI34TDUB!6B5J
M5<$JBFMH)M=%L)(^+E%K%:QB+3,AUL%*M-:HU02K6,L<^TVP$JTM:NV"%:<0
MQE1W0$7FH&3TF'+5H6@:^N68\M4D-3UY-(@7"'1KA[ZHW[@OL-U:][P=>;WS
MD<G*E`WZ8>3-&+VN/`]6[H#\H]<W8R=C`YJ+Y8#DP2<D!&(N@I53-A-;B;)5
M<'A%=A&LVH!')MXE"J^"RRO"=;!JAX8)>(VZ3?!X17<3K-J`!V8JW:+P+KB\
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MJA`M$"T1K1#5B-:(&D&ACQM$6T&ACSM!P7&/Z""H=52Y=O=S_4ZN6WN];F44
M5\H03<4Q!#IC%"W6YX@R<0R=SA$5B$I$%:-?5,J"E0S+):(5HAK1&E&#:(-H
MRR@Z$7:,HN.U1W10CCK7IBHJ<W4?JY^,U+86=O8WP4H.U%2TXC1[^2CL.5M%
M*!/'.,U<@J4U<W?!@"`*#*)$K4JLXH4P5LJ"E71HR2BNE`6K$-<0*F7!2K36
MJ-6(550I0[1EI`;#6P[.7K2B2IG2TN/#%=^B>;\;'[XH%\_O[A9*M_**4S.$
M2EFPDD,P9407'T&S8!4.)U;*@I4X9J(5#YED7&9C6*!6B5I5L`IQ8:4L6$E<
M2]1:!:N@!4.Y#E:BM4:MAE%T\FP0;=%QQ^CUI.V#E01Q4%IZR+C*9&K(<$$T
MJI3UDT5,N_P+5O+I4T9JR"2US`YECEJ9:,5#)JEE]F<%:I6H506KD&:LE`4K
MZ>,2M5;!*M8RV[LZ6(G6&K4:1FK(^&Y':(N.NR`?!V&2M@]6$L1!:>DAXTIT
MT9#YU>JR[TMZ:O;Q*%3*S`E^PSYQI4QDXHFGDXD[9RMEJ)6)5CR*4EI0*4.M
M$K6J8!7%!96R8"4'?8E:JV`5:YGC50<KT5JC5A.L8BU;*0M6HK5%K5VP:LLA
M4.S<!P.1.2@9/:9<6>UWQI0OPZDQY='K]:P;]XNHJ%+6M]^R3MD@KI0Q>EUY
M'JS:.DYO8&:SC`VB-4`>?$)"L%*6MC(328GR5=K1%`\7P:H-?&CB7J+P*KB\
M$G<=K-HA8@)>HVX3/%[1W02K-N"^"7B+PKO@\HKPGJW^:QGUH)3U`'85V-<&
ML"F9T7*TW2;'UU<NXKY>,F/'N&0F*%2%9H+"!#='E`D*CKF@X%@@*@4%QTI0
M<%P@6@H*CBM!P;%&M!84'!M!P7&#:"LH..X$!<<]HH.@UE'GVE4MHUQWRVQ?
MS523$A<X7R^9]3LKF2JGB&:(YH@R1#FB`E&)J$*T0+1$M$)4(UHC:A!M$&T1
M[1#M$1T4TCEU5<M43GTU4^74(WUSH)TU;_J=5<@IH!E:S1%EB')$!:(2485H
M@6B):(6H1K1&U"#:(-HBVB':(SHHI'/J2I&IG'*),IY[H6IY0RL`4\B<(IH)
M.J?=?%?C@$WF/#*3X9`):Z<A%?C`U/1D@FFYKMT)"G/9#:/+,.--$<W$40<^
M--NF>636!2YJ[9>).G!7TXB.^*^V!@-?`XG/+D%QA[S5%94&ND,,=VU.V3'J
M]DRTSF-/V+7/([/01XZLW6WH/KH*1=3'+CF^<J'ZPBCNBT=7M-OH^C(<FB79
M=."M5%_8,12"YFQU%>X!RY2C#MMM%R7LB^XFV8'?1:JH&<51>W3E_-P/:<^O
MS`YRRCHJ8G:B6:_K*BQNY^Q(8ZI=))IO"#.EJSOD-FR)#OE]G.H0H[A#'G4=
MZEV:1>1TX"U4AQB%+]'G;,71VSNZ,B6BHX\W/%$Z<%\S8!1'[U$7??\"!I"W
M4-$SBJ/W2(Z]N6D@XT_V(CKZ>+4;18^+6K=ITE\'W3#JHA^,S8Y]RA8J>EX<
MQ]%[)-&;$9DI$1U]O'Z+HL?EVX!1?.P!3=E*A>NM+N-P&85I.5...D2W5$@,
M;K^"4(.;41RB1VZQTYUXPZ'9?DT'WDI%S2B.&JPRY:BCCB^XT8'%ZZW[`L<.
M"X^Z87%A-]!3=E(1>R=UG#WB87$%@YH]<%GO?A60..8MUA==0=$Q9R31#WKG
M9B:;LD4<O:#H>#/BZ"]-;283CT3T\:4W'/LA7F$%Q='S%=;YT?P^&([M=,A.
M*GKO%!][MN+H+R!Z]DA$[ZYN.-Z'_J(7CW=!<?1\:93H+^U7.5-V4M%[)Q6]
M1QS]V)PPF1)1XW[HKG2)Z/E"&JTS6TOU[?@-HBDC%:[74N$RBB84Y:A#=->N
M1(C^DJ8.,*/X`'MD)A0[:P^]E8J:43S`P2I3CCIJ=X%*1.VO6RIJ1G'4'LDI
M.1K;V^:F[F?LKA@8CN!,4!RQM^)AT;\TM==,7!*CVEVA$N'S-3$>%XSB\#V2
M\"^&=C*8#KV%"I]1'+Y'$OZYO4XJ%7WTW14KA/^KQ;S;$+LY/>X6H[A;'NFQ
M9._2F[*6ZIIWO(J[YA&M$=NUH[W?-E,JNFONLO8;7?-70=4U1G'7/%)=Z]FO
M$*9#;Z6ZQEKG^FX;LZB;BR??Y=GKV6N;&"1&HKOJ27_=MX'^\3GA]U2F/#GT
M5TG588]TV</>:'K#CF0E6ZDIHAFB.:(,48ZH0%0BJA`M$"T1K1#5B-:(&D0;
M1%M$.T1[1`>%U-@>Q>L8RK5L4%NNST]!T2!&-$4T$Q2^C)L+"EH9HAQ1@:A$
M5"%:(%HB6B&J$:T1-8S4M^UP.F^"E0SXK=+2J7$+H.@T[%+C%T;QZ39B%`[G
M#:(IHIF@.#6@E8E5D,\1%8A*1!6B!:(EHA6B&M$:4<-(I0:*;IM@%5(3'PF=
M&K?X2Z7&+PI5:AB%8W<S`C1%-!.D:FZ#2W-%GD=F$GC&+%K_Y9%9M,\;F>5)
M$9F)6IE@58(M$FS)+(IDA:A&M$;4,.JI`S(<F7W#)C*3+FR%M4G0F8Q7XZEK
MG?F=^`B7Z8+B#,-J>\I6\95<'%6'\%ZHR$PZE(E:6-_DC*(E3]%YTH`+F_N1
M&4)E9"8?4"78(L&6S%2"N?,AMAJMUHB:3I_.NRY<.!Z;R$S"W2HUG6"WA8A.
M55C,V`3[+8<ZA1G%"?;H%U7FD;=2.6<M564>CLP.>LZ>/3*3/F:B%HYKWIG1
M<JL[8D/[C((B,A.UDME5*!%7D5FL9E:6B\A,U);,U#!(]]1LE.M.+?1TC6I-
M9!;'9K:5F\A,8ML*P^K\R&W6HK'176'])DZ-`4;Q&&!T/O2%$'KDL3FSINT'
MZ#TC(_K9590RK'1W9N-6O'=U:;YLR5`[9Q35^`M$)3I6:+5`M$3'%5K5B-;H
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M0*SIC!C%@\2C;I#@-Z/LI`:)=U*#A*5ED%S:\F6&.CFB@I&4+\WJH$2/"M'"
MB$#R.?PPJ:Q0I-8BD&C0:%!CHS5L07JK/%12Q_^EJ--R7=01%"6549=4_,*8
M+>*D"HHF9)'ND@IGOCB%0YDC*AA)4LW8+M&C0K0P(J88ND2/%:):B]BDHD.#
M:*,U[,)_JSQT4ETU(C&=C[E*$4WG@N*D>JLNJ?@].CNII'JG^$P5:4GJ!:Q+
M42='5#"2I)H]1HD>%:*%$8&D<OAA>*U0I-8BD%30:%!CHS7L!GNK/'1272DH
ME50N$<5)A:K1S1C0E)'*HK=26604CDR&CCFB`E&)J$*T0+1$M$)4(UHC:A!M
M$&T5TGDP92"Y#(ZQW",H/KF\E5G&FHEJRHXJ-5`JF:-5ABA'5"`J$56(%HB6
MB%:(:D1K1`VB#:*M0CHUKHZ0.D6XOA"?(HSBU'C4S7MXH\C86ZBT,(HO9BPM
M\][XW-0=,]3)$16,>-ZC^HY^.$N)+A6BA5:YA(D/NK1"D5J+V/==K-&C0;0Q
M(K8"LE4N.J^N?")YI9^L=Z<<EU7BO#**\^J1Y#5Q"\W86ZB\,HKSRM*2U^'`
M7`$RU,D1%8PXKU=F<)3H42%::)$+LU%:HL<*4:U%["-XUNC1(-IHD=ZEN3YO
ME8M.JZNCI-+*59@XK8SBM'K4I17O+1I["Y561G%:65K2VL=E"NCD*%TPXK3:
M^SY+]*@0+;2(O5MJB1XK1+46Z9F+RQH]&D0;(V+O6MHJ%YU65UU)I=577>(Z
MSYA1G%:/NK3B35?LI-+JG=2ZA:4EK3U[HV*&.CFB@A&G]<(<S!(]*D0++3(V
MM_`MT6.%J-8B/7.>K=&C0;0Q(KBIX"/9+O=T6EW!)I567\A1:644IQ70=.R1
MRB.C^/0$JPP=<T0%HA)1A6B!:(EHA:A&M$;4(-H@VBJD\^`*`JD\<&$DGC49
MQ7GPR*P_3?5C.O96*C6,XM2`58:..:("48FH0K1`M$2T0E0C6B-J$&T0;152
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MQOZ/X>0/2AU^,-W522&E/H)NG*2#DOH0N@F2NIYJH7L+22W5,AL-2"T5`=U=
M1VJI%KJ1C=12+=?]\>2&GA6!_;GNTYB@ZPNVT*_&)^XGX8F6P?G$_>8ZU=*C
MEM31H1N5*;:4SW6?1A_]/A[5KH<T_N@6<FRA)T9-W/.@L.6Z/Z2>IH;,C%KF
MR9:<6HID"STD:;)(MM`CCR;N@488`3W`:+))MM#CB"CJE,\U]><FV9\9M;A'
MC.'GY-3B'AB&+?2`,(HZU4*/^Z*H4RWT\"Z*.M6RZ_<HZE1.K_M]BCHY>JEE
MGFS)J<4]&2\5-9TER19ZKAU%G?*AI]11U*D6>@P=19UJN:;^N&=*8@0S:G$/
MC<26G%K<(R"QA1[Y2%&G6E;44B=;Z'&,%'7*Y[IW,7'/F\;/N>[16>+O@S)3
MU77OBGQ29\EU_YQZFCKGZ*&HU--4"SV\E&)+M="#0>F()EMZ-*[II06IJ$<4
M6^H2->N-)N[U`.B34XM[V#^VT,/])^[1_=A"C^J?N`?Q8PL]>'_B'JN/+?08
M?8HZU4*OVZ"H4_V948M[-0:JY=3B7G2!+?1B"XHZU4*OJ:"H4RWTT@F*.MU"
M(]YO$LTXV/5HQ"=;KGLTN_@G>AF?&;6XM\-@U#FUN'>]8`N]VX7ZDVJA-[50
M?U(M]-X5BCK50B]6H:A3+=<]&KWT\BV,@-Z:12VI\X=>BT7]2;70ZZLH@E0+
MO1J*(DBU7-,1=>]IP@AFU.)>Q(0M.;6XURIA"[U&B8Y;JH5>BD3'K6TYZQ+T
M_/']C]LO]\O;IR\/WY]/OMU_IL7A>?M;N*>'+VZ3X?_GQ3_E_N3/X\O+\9'J
M0K0#N;_]=$_O@3]W+VC]?#R^R/]04&<_CT]_M2^N__C_`@```/__`P!02P,$
M%``&``@````A`#_DKP>P!P``<!\``!D```!X;"]W;W)K<VAE971S+W-H965T
M,S8N>&ULE)G;;J-($(;O5]IW0-R/;<"'V$JR&ALPIY56J]G=:V+C&,4V%I#)
MS-MO-5U-'XIQDIOQY*/Z[^Z_B^X"[O_X<3Y9WXNZ*:O+@^V,)K957';5OKP\
M/]C_?`N_W-E6T^:7?7ZJ+L6#_;-H[#\>?__M_JVJ7YIC4;06*%R:!_O8MM?5
M>-SLCL4Y;T;5M;C`E4-5G_,6_JR?Q\VU+O)]U^A\&KN3R7Q\SLN+S156]4<T
MJL.AW!5^M7L]%Y>6B]3%*6]A_,VQO#9"[;S[B-PYKU]>KU]VU?D*$D_EJ6Q_
M=J*V==ZMXN=+5>=/)YCW#V>:[X1V]P>1/Y>[NFJJ0SL"N3$?*)WS<KP<@]+C
M_;Z$&3#;K;HX/-A?G57F.O;X\;XSZ-^R>&N4_UO-L7K;UN4^*R\%N`WKQ%;@
MJ:I>6&B\9P@:CTGKL%N!OVIK7QSRUU/[=_46%>7SL87EGK$FN^H$/<&_UKED
M.0!3SW]TOV_EOCT^V-Y\-%M,/,>=V=93T;1AR=K:UNZU::OS?SRH&WHO,D41
M^$419S):.).EMP"1&PWA:M<[_&)#=_&AA@ML"+^BQ]'=;#:=W[$>/SAL2/:N
M=_A%$>_34W=@:;B!;(W0G,\/Q>G7`?XCK)!.W)[0F*]IEPM^WN:/]W7U9L$-
M!EK--6>WJ[-R7-O"+,`5Z?,"TG/'PK^R^`<;[(`5;X!^?W3F2_=^_!TR;8=!
MZX$@/6(C(EBV,5W?!($)0A-L31"9(#9!8H+4!)D"QF!1[Q-8\RF?6#SS24QP
M+8`TSG!M(R)$$]\$@0E"$VQ-$)D@-D%B@M0$F0(T3SS=$Y$B#,,>H:2(ZRWT
M]5_S&$AI,=D-(3XA`2$A(5M"(D)B0A)"4D(RE6@^P)XVD!LCMLVTQW+WLJZZ
M[5'XP\+A=@-7U7O(,QS"*$\Z1(A/2$!(B$1FXI83;ZGT[\YF>O=1'R06*"8D
M(20E)./$Z;K73`-S/F,:"^],$^-9(U$,XF0*NVQOK#N;ZQ/S^R`A%!`2HK3B
M&<8XW8[G3IRIKAKUUX5JS(D[[=<OZ6/8K@D:QHJG_76AD7$R8-Y<-T]D%L.Z
M24@4DSB9JMGG.?IL_#Y&C"0@)"3*6TZ4&4=(YKT',6F5D%8I:96IK;0D@K-=
M32+A`\.Z#T@4'PCQ.9G";=ZGS^Q.=R;H8X0S(='9<N*J9Z0[,S;`B`=YDRZA
MC!R-B6;R$<VTUY03<,T99*JVYB6,=\A+AG4OD2A>$N)SHGGI&>==T,?T7G+B
M+OM\V1+EB!,TSC&VK9@H)$0A[15NV:0*:3;!MCED$\.Z34@4FPCQ.=%L<F=+
M(^?ZH-XG3E2?B'3$"?KDFAE&%!*BD.H*QJ@R54$SB)6[0PYU7+=((,4CBGQ$
MFDMS8T*!#.I=0J3:)-3ESAXA0J.,?3VF&@G52*7&K932M'3+6-6I5.%B'V,E
MOY%5`JF6891$/D9IEKGSB9%8,DIZQK4TSU!>]8Q$Q:BE-$S$4&7#E$9E&M)=
M877GD"N\'H4"2@Q[S8HI9I2T8$.13U&`R(5=L=_T%\;!'(H@95\24G)N$2*1
M2(;9,15)J$@J1>1XZ!ZN:>F>L2)5\0R?YWY9BX)C),,0J5X2Y(N&,BI`I'MI
MW%"A"%*]Y.J>?!B(,,KSNN-QX1@%2DQ5$M%$JJ0"@7Z_N`-F\NYYYNIFLN+U
M,V9BL:LF)B)IT\8AR*<H0,3>L,BQSPT?0A&ENLGE/?B1#4GY@0V]>6?PW<0X
MFV,JG(@F-X53$<6%7?/4T'1ULUFQ>\OL;]45[G`8+[Z(P.)8-1N1:C9!/KSC
M,O:*@*(0D;*?;1%YBW[?B022VT!,&R8B2C9,!9(-,ZVA;@VK?Q5K>@NP+E8M
M4$OESJB-P]%46[>YL>"^C!*;:D!1B$AS!7N4,XEH5$Q1@H@_W71#36E4IB'=
M%5;)#KF"%:[JBEKTHBL$^0Y'QJ%I'`:!C!)&A8@T5[C6.P\!V%`4L\;#1DQU
M$X&@//WUW9U*737*D,^$5K=YZ-:RZE>QMCM%W-D([AS^IG;@O2`OF.%D$K:L
M866-&VU#D8_(<-TX-@(9)>1#1)KKV*.:BV00,1U$(I!LF`HD-Y-,ZU$WC%7#
MBF']'8I5M>H*(JF[<0CR*0H0:<>K.S<>@$(1I9X(*"\G%V&4J%7,%P`Q54D0
M@0=B!5*I<C/->/=\G3377.-)X;UBI8O7GR`$4MRDR*<H0*2YN3`>TD,1I)@I
MI*0-$2(TTW.-'2.F*@E52:7*+3,U+=U,5I,K*?BNF5C6*ZGI(E+-),BG40$B
MHU@Q'M%"$:6ZR>7?*5:P(18KBX5Q=L54.!%-M$//K()2$05'F+*;FOND)L\]
MYQ_5^(>4<U$_%YOB=&JL7?5Z`2&X1Q[O>\R_YL$^MV*[&-P\QA7XSO>U6P2#
MK^'[7U?,FMR%[X(#.FMO!:^H!_2GH#\DY,.(A@;D+U=!MT9&Q_`@#E/H/BJ2
M*PY<&>H#J@^XTKT`)&T6<*4KB8PKV^D*7B33B6QF*WA72_EVMH+WKY0GLQ6\
M4Z5\`T,:'!$,J!O/N!\0?`:]YL_%GWG]7%X:ZU0<8'GANR4<A#7_8LK_:'EM
M:CU5+7P`966J=80OVP5\V9JP4_-05:WX`P8T[K^5/_X/``#__P,`4$L#!!0`
M!@`(````(0"EI5AK.!```(U3```9````>&PO=V]R:W-H965T<R]S:&5E=#,U
M+GAM;)1<76_;2!)\/^#^@^'WM451HB0CR4(D9^X6V`,.A_MX5FPY%M:V#$G9
M[/[[Z^%\-*N[+24OZTUU];#8;$X-*9(??O[CY?GJ]^WAN-N_?KRN;B;75]O7
M^_W#[O7+Q^O__-O_M+R^.IXVKP^;Y_WK]N/UG]OC]<^?_OJ7#]_VA]^.3]OM
MZ8I&>#U^O'XZG=[N;F^/]T_;E\WQ9O^V?:7(X_[PLCG1/P]?;H]OA^WF84AZ
M>;Z=3B;-[<MF]WH=1[@[?,\8^\?'W?VVW]]_?=F^GN(@A^WSYD3ZCT^[MV,>
M[>7^>X9[V1Q^^_KVT_W^Y8V&^+Q[WIW^'`:]OGJYO_OER^O^L/G\3/O]1S7;
MW.>QAW^HX5]V]X?]<?]XNJ'A;J-0O<^KV]4MC?3IP\..]B"4_>JP??QXO:[N
M_&IQ??OIPU"@_^ZVWXZC_[\Z/NV__>VP>_AU][JE:M-Q"D?@\W[_6Z#^\A`@
M2KY5V7XX`O\\7#UL'S=?GT__VG_[^W;WY>E$AWL>4N[WS[0E^N_5RR[T`.WZ
MYH_A[[?=P^GIXW7=W,P7D[J:SJ^O/F^/)[\+N==7]U^/I_W+_R*I2D/%0:9I
M$/J;!IE6-]5LTH0QSN35*8_^&AL_DSA+B?3WAS9(<H:]I;\IKVINEO/YK%DN
MSDMM4B;]_9XMWL8R#X>GWYPVGSX<]M^NJ.>ID,>W33B#JCL:*QV75*1RI*AA
M[@-['>@?K^FLI&-P)/3W3Q5)_7#[.QW[^T1J#1(RNLP(QS^,VTO`2<"/@%O2
M7G:`CO&/[$"@AQW(6VXSP'LT%6(S(Z?T$G`2\",`Q%)CC<3FH@:4^GQ4U&DM
M:QHY5>SS4+).(;U"G$+\&`%IU+J&M(!2:]#^E`,^72RQ0&TDS:A]WB=UA53*
MJ!"G$#]&0"Z='2.Y0]\V]0V?-+IU0\:P*UE`&Y'9`G2O<.>Z0LIIO4*<0OP8
M`=U4)*E[.K\A>IQ=M.R0@+(C@K*7$R&[D(ILA3B%^#$"LJE&(]FY<0,JNV-9
MH9(VDK`[)*DKI")7(4XA?HR`W+!L$+-:O;SAV5^7.61@F2,BRBSGAD(JNA7B
M%.+'".A>_;#ND(&Z(R)TUWA0ND(JNA7B%.+'".BN:$$@"UY-:-9XKZN'!-2=
M("%\)H0SJRC7D-.0!PC%!VOA;LG-37.M+&V&1K.PAGH-.0UY@%!/<`]#3S05
MG(N7<ZQ/&\+4$.)T$ZR.65S%DI@AIUD>(%0=G(55IY4$@>^V0+*B*7MQ%2'1
M`@WN8L>LK+37D-.0!PC%!Y]A\:4%HOW03N<MM56"QBV@H%ZSG(8\0*@G^(>A
M)]H*Z$E.0U,*FZ]<D76TU!ZZ@M<]O8:<ACQ`*#%X!4O\'@>NHKV`_.(X8_EB
M@=&E1.J+?!QZ#3D->8!0?O`.(7^Y.FL15;0;D)\<B/Z,JB^7$"D1Y)?$O$=.
MLSQ`*#]8",LO#1N=A22.]*S$VJ"MDO]0[5FU9'7,RA)[#3D->8!0=3`00W7T
M%2ALL9JQ1+&TZ*K"8HD*<IKE`0*)4W2R7-@!%DL=NO(1C=HF&LZ^*[EH8%:1
MK2&G(0\0RD8/B[/O.0.>:G=+$,Z^*[ER8!:+CV.-^MMIE@<(Q0?KT6TQC8XD
MFEDL"-K$$B47K(Y9K%H;GF9Y@%"U87@+NE?QON--M>,E2-1<VC6S6'VQR@PY
MS?(`H7ITO*%AYG0<WW/KJ;;"!`GMTJV9E87V&G(:\@"A]N!F1K]$DQM/(V'%
M'U9#,#^OQ+5UQRR66!(SY#3+`X02T1W+-*(=<)J@NGA;EZ`IJA9S39\3V=-=
M3H3%P$K8D<^)PQ91=7`EH[#1K*"P"1JKCA"HKB?">_H0#A<L8]4I<:RZGHBY
MWN=$0W6P,T-U=#E0G:"QZ@@)U6+&[J<I<:PZ)=*?8J+U1,R6/B<:JH-1&:JC
M?\&D5T_$=-9.D\N-'5RQ.F;E)NXUY#3D`8(.J=$>+TX;`Q^O\Q($YV0]D5,>
MLXIV#3D->8!0N^&1YZ:\6EMD@H1V.>4QB[5KB]0L#Q!J1XL<ZG[^OE%=W#.+
M:!,DU,O9D%DYL=>0TY`'"-4;5AFN+-XSF[H8Y?C<$A-@FUC@_/5$L#IF\>XD
M[VS*E.LTRP.$NV-XYX6;C[6VSP2)HR$FZXY9+#^.18D9<IKE`4+YP=OTS%-'
MRX.9AY:X0E";:%CU2DSS';.RQEY#3D,>()2-ECJ<`N?76[5VVP1AT2OA-1VS
M6'T<"XJN(`^)J#Z8G%'T9(>C.PQUA.8,=1KJ->0TY`%"/<&^6,]0S0NW2.MD
M@BRL3="<3B@VP4JX9\<L+F<<BQ(SY#3+`X3RT3TO^U"QU;R]MHZ0T"X,O&-6
M3NPUY#3D`0+MLQ_TT(&/'IH@H5VL$CIF%>T:<AKR`*%V]-"\KIUIJ\S0Z$:9
MAGH-.0UY@%"/X8L7VGBFC3%!8E:02Q)F<3GC6.-90;,\0"@?C;&4L_A?WE([
MB]!X5M!0KR&G(0\0ZD%G*WJT>\TB)#I0KH28E7>DUY#3D`<()=KN-2ONE;?4
M)DA(E,L=9N7$7D-.0QX@E(A.5:JH[2BX*%T-"8ER"<,LEE@2,^0TRP.$$FT[
M"F=`N#H;3?$)$A+%JJ!C5M;3:\AIR`.$$M&A2A6U"\T2-)YJ%-1KEM.0!PCU
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M71(SY#3+`X2RT?B&HE]8,,ZU*29(5%WZ-K.RUEY#3D,>()1OF^)<FV*"1(6E
M;S.+)<:Q*#%#3K,\0"@1?;(TAO;">;&TT:172R]D5M;3:\AIR`,$$AOTPBQQ
M@`?#&^N1K9M86%C9X!VSBFH-.0UY@%"U[8&-]L`$A;4,NTDM/9!9+#%YX.@^
MMV9Y@%`B>N!P=E6+Y;D?Q9KBCUE%FR`\NVIIALS*B;V&G(8\0"@?S;#TA3:\
M)AD>5E@:'K-88DG,D-,L#Q!*-`SOPKW'1GM>@D2%I><Q*VOM->0TY`%"^8;G
MA275>W>"&^UX"1+:I>,QB[4K>W.:Y0%"[>AX%]<:3;'"+*%-D-`N;8]9.;'7
MD-.0!PBU&[9W[@Y\4SQO/(,(@VL32TR%@M4QBW<G#C_V&,WR`.'N!(_BQ<=P
M*,Y?S#31U<97M@D2!T,Z)+-8?1R+$C/D-,L#A.IMAVR*0XYJ/A-VV"86UERR
M.F9EB;V&G(8\0*!Z@:8YU/S\<G7(P`O(!&'-9\)B.V85]1IR&O(`H7K;/!?%
M/,<U%T[9)I:HN6!US&+5R4]':RG-\@"A:L-/S_?Y0MMI@D3-I9TRB]7'L<9]
MKED>(%1OV^FBV.FXYL([V\02-1>LCEFL.CGLN.8*\I"(J@V'O5!S;;"+"(F:
M2X-E%JLOB1ERFN4!0O6&P9Y]$CN\,B&NYA,DQ$N'9596VFO(:<@#A.(-ASTO
M7EOL(D)"O+189K'XDI@AIUD>(!2/%IL7CXOBI'G8-D%"HK1-9N7$7D-.0QX@
ME(BV6206;^03LFKD`Z'M(MD>U8FO*N9J[BXLEJT@QV-EE@<(9:-??H_S%"O-
MP[>+".$UT5S-X865$WM.S)#3D`<(U"\-WSS;U$,"VF:"L&/F<@IG5E;::\AI
MR`.$XFW;7!;;S%MJ$R0DROF:63FQUY#3D`<():)'YJ9>%B/D;J6F%NW:)AK:
MS%Q.U,QBV<D<1S:C61X@E(WF^!U-O2R^F46T"1)-+6=J9N7$7D-.0QX@5&^8
MY(7;QDOMD@D2/2/G:F:Q?.V2FN4!0OGHDJ5GM!<N(R0J+.=J9K'$DI@AIUD>
M()08[$A<XIR[4EY&^QI?X"1(E%=>X#`K"^TUY#3D`4+MMA4NM14F",O;B&N>
MCEDL,8Y%B1ERFN4!0HG!DT1YSZ_REM'%H,#)V$@+.V(CII@N)=)AR%)[#3D-
M>8!0_0\[XE([8H)$[:4C,HO5*Y-TFN4!`O4KPQ'/UW[(0$M,$#9W(RV1646]
MAIR&/$"H'BWQ.R;NE7;+!(G:2[=D%JN/8XW[7K,\0*@>W7)07U6SLV].KXJ5
M9AEM@D3UI6TR*R?V&G(:\@"A_A^VS96VS02)ZDO;9!:KCV-!]17D(1'5&[9Y
MH?.U:ZZ*^8UG'>F:S&+U)3%#3K,\0*C>=LV5=LT$B0)+UV16UM-KR&G(`X02
M#=>\L"Y9:>-,D.AN:9S,8OEQK-%4[S3+`X3R;>.D+[/(:_0,C9YYT5"O(:>A
M\.&78?AAK*@G?L@E?BGD97OXLNVVS\_'J_O]UU=RNHK>I/WTH>#Q$S(T)]`W
M9(8GAU2DILCPJ*>*S"@R"\:H(G.*#%^(49&&(L.R6T46%!EL5D:6E$/K%6,[
M2\JA98(565)D6%^HT58465DYJPDI&#Z%(W-6X0L[0X5%9+U8WJWI\L900)%P
M66Q%2`%=<AJ1)2F@ZSDK0@K,[:R7T[OU.W6C8TK7,-9H=$SI^L"*T#&EI;<5
MH6-**UX=62_JNS7=M]`1N@](>VIN9T';H1MA5@YMA^XR61'J`[J%8T6H#TP%
MZV9%VLR*4B3<,+=&HZ-@YJP7%8UF5I0BX5:P-1H=!3NGH1K0KVU&3D,UH-^R
MK`C5@'XITI%UL[A;T\\6.D*_]%".>7P:ZE$S9SUO[M;T&[PQ&D7"(QI6A+9#
M3S]8$=H./71@1>@HF-M9-Q/:'W,[%`F_M!NC-704Z`=N*T)'@7X[MB+4H_23
MK1&9T?Y$-Q!G?3NC_8GK"!6A_:'G^(S1YJ2:GI&S(J2:K@YU9#VG<YN>XM$1
M>N:,<LS]F=/^T#-75@[U&SW19$6HW^SMS$@;/<%MY,Q(`3T<;45(`3VF;$5(
M`3T=;$5(`3V4:T6HW^@.CXZL:YIWZ$T9':&WB^["*T!6A!28.>MZ3K4V]Y0B
MX=46:S321J^-6!'J'7J!PXI0[]"[$5:$>H?>/#`B,^H=>JY?1]93ZA!Z3U%'
MZ-WJN_`"M!6AZM#+Q5:$JD.O[EH1J@&],:LCZRG-L/3VF([0BXZ48^Y/3?M#
M[_H9.37U&[U)9T5H?\SMK"OR8/HH@)%#D?!%`RM"VLR<]93F'7K=W<BA2'B+
MWXJ0:C-G7='QH2]!&#D4"5]DL2)T?&B19D7H^-"'1ZP('1]Z)L"*4(_2IS2L
M"/6HJ6U-5D*?N#%2*,/<&:JS66:JLGU@J)3T41]C"Q65TMPV?>5P;9>+$JR1
M0O];>)@;#'P]([\Q\#;,619.%3<+3O4>QKDMWD#?2'S;?-G^8W/XLGL]7CUO
M'VD=/ADNVP_Q<XKQ'Z?]&ZW/Z4N)^Q-]'7'XWR?Z[.66OA@W"8]A/>[WI_P/
M*MUM^9#FI_\+````__\#`%!+`P04``8`"````"$`)V&YO<<:``".CP``&0``
M`'AL+W=O<FMS:&5E=',O<VAE970S."YX;6R4G5ESV[BV1M]OU?T/+K_?V!HL
MV:HDIV3-\SR^N1TG<742IVSWR3G__FX0``'LQ5;<+]W.XMX?0>`#2`*"]/Y?
M__G^[>S?#\\OCT\_/IR7WEV>GSW\N'_Z]/CCRX?SS;K[?]?G9R^O=S\^W7U[
M^O'PX?R_#R_G__KXO__S_M?3\Y\O7Q\>7L]$X<?+A_.OKZ\_&Q<7+_=?'[[?
MO;Q[^OGP0XY\?GK^?O<J_WS^<O'R\_GA[E.6]/W;1?GRLG;Q_>[QQ[E5:#R_
M1>/I\^?'^X?VT_U?WQ]^O%J1YX=O=Z]2_I>OCS]?O-KW^[?(?;][_O.OG_]W
M__3]ITC\\?CM\?6_F>CYV??[QN#+CZ?GNS^^R77_IU2]N_?:V3\@__WQ_OGI
MY>GSZSN1N[`%Y37?7-Q<B-+']Y\>Y0I,M9\]/WS^<-XL-9JMZLWYQ<?W60UM
M'Q]^O41_G[U\??K5>W[\-'[\\2#5+0UEFN"/IZ<_3>C@DT&2?('L;M8$\^>S
M3P^?[_[Z]KI\^M5_>/SR]57:^\JDW#]]DS/)?\^^/QH3R+7?_2?[_Z_'3Z]?
M/YQ7:N^NZI>54OGJ_.R/AY?7[J/)/3^[_^OE]>G[S@:5G)05J3H1R7`BI<MW
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M<Y65;WR$3VEKT-&@JT%/@[X&`PV&&HPT&&LPT6"JP4R#N08+#98:K#18:[#1
M8*O!3H.]!@<-CAHTFR!Y8_JF:K:BF,0W,EK'OO%#C<'R'!,-->5*/?7#K8V1
M>[@_2PND#=(!Z8+T0/H@`Y`AR`AD##(!F8+,0.8@"Y`ER`ID#;(!V8+L0/8@
M!Y`C2+-)Q%9M)LV:F$<>1&+SN!O8._,`]OKU\?[/VZ?LN=>;RH3+O4ZL&-_`
MM*U<5"78"J0-T@'I@O0LJ=UDM\ZJO$]54T?W\P#OZ`'($&0$,@:9@$Q!9B!S
MD`7($F0%L@;9@&Q!=B![D`/($:39)+HE:L4H<9FXZ9^XS(1G+O.->.M(Y"B0
M-D@'I`O2LT2>/OVY^B`#D"'("&0,,K&D+@_U>>^I7%^F#I[F0;Y`,Y`YR`)D
M";("68-L+"E7\^K8YC%QH4MIH7=YD"_T'N0`<@1I-HE<VTNM>>UF*XY*C"8O
M$;'1_+!E<&HH1R)#@;1!.B!=D!Y('V0`,@09.1*>[\:(F5@2F7<*,@.9@RQ`
MEB`KD#7(QA)YL?=-M47,#F0/<K"D+L_744=1#[/'/,B?K-F$4O.6J!6CQ#WR
M9E_D'H-3]S@2KK,%T@;I@'1!>B!]D`'(T))Z?%NN7%?2/CK*@WQ]C2$T`9F"
MS$#F(`N0)<C*DGJHQ#7(!EE;%Y->JGH*V.5!_E+W$#KD,;''KM(Z.^9!7JC9
MA%+SEBCQ0^(Q>?<O\IC!J<<<"=73`FF#=$"Z(#U+E%O4)$0_#_)7/H#0,(^)
MJU`]#([R("\TAM`$9`HR`YE;HJ[C.FW!11[D3[^$T"J/B:_C)A5:YT%>:`.A
M;1X3"=VH&_PN#_)">P@=\IA82-UTCWF0%VHVH=2\S:-B*366-IVWI"Y%*_&K
M3&K%?OW="X()3WUL25V>#?.QO'REW-;*@_REM$$Z(%U+HMM-S\7(\T%^LHJJ
MMGX>X\\U<#KA5CO,8R*=&SV@YD%>:`RA21X3"ZGA:IH'>:$9A.9Y3"RDAJM%
M'N2%EA!:Y3&QD&J/=1[DA380VN8QL9#J_;L\R`OM(73(8V(AU8^/>9`7:C:A
MU+S-HV(IU9.;WFW92E!B=K/^$;O=/S]F/+6U0W5YF,BM5KU4?;T5HGRQVT0=
MHJY#L;<=BI[V^D0#)@X9-2(:,W'"J"G1C(ES1BV(EDQ<,6I-M&'BEE$[HCT3
M#XPZ$LG$KG&&."#<CF5JU[*H09J^P2U+O65FBZ.U@MQ;=A99YE2\16YE0DZ=
MK.5071XU(KNIH:T=HKQ6AZA+^1Y1GVA`-"0:$8V))D13HAG1G&A!M"1:$:V)
M-D1;HAW1GNA`="02;Z&YQ5MDW@/6@ZFWS-QPD;<,5^.60\'(+3.=EWJ[[9"R
MFWIJZ(0H;[<NM7H.7<G8G%M75L73QZN^BZI=9E-[U[62NML.7("LLOF3#=^D
M/$J595E:*8^I/'F3\C1$92MY)37ZSR@\#RDG*F,1HHQP63TO+*F["ADG=-?%
M4>I6NZ'\MCA1M>$N1&7%5M6QI^XA9)PH]C%$&=VZTI4.9`T<64,ZD&6G72?C
M=1Z6->%EL'C:P<PT>U$'<]/O\>#M4-S!@-K2B4V?4QU,.;,3HKSGNP[902!;
M_.TY%%U^WR'7FTK54D4]X0V8-"0:I3KUZI5ZEAHS9T(T=4@:P]2RTI@Q84ZT
M2#6JZM:W9,:*:)V*7)5@?=LL455NJ;)+52KJ>O;,.!`=E<BEZDSB:I1%7$W6
M"D)Q'PI7EAK9S-$7&=G.W4MW\$Z[-1^N26\++:*V0\K(:L3JA"@OWZ56SZ&H
M]OL..>=<U56S#Y@R)!JE*N6Z:K$Q4R9$TZ!27-%9;YPQ<4ZT"%K9N)/>#)=,
M6!&M@\:)\FR8N"7:!:V"\NR9<"`Z!HT3Y1%?6U]%K2R^)O-F4R/XW_G:+`D4
M^=HN%22^=B@>H(':\CG!@@%:O7!W0E3P-;1Z+BJZXKY#;H"N75Z&Z\IL-&#.
MD&B4RI1NKN%L6YKHU!/*3!WZVZIVSH;6G%J+H)4Y2=UWELQ8$:V#R`DK;9BX
M)=H%K:Q`:FC:,^-`=%0BX3$AJQHQ->I&3$W6"CK%%Y8.UF:E(C+U[R;?2G9E
M(S&[0['9@=HN40WBJNDZ(2J8'5H]%U4)=Y*^0[52=ONOU4JJ^@8N('+ID#*C
M5*9:TWUF3)D)9:9>1I[\HO<1U?]FU)I3:Q&TC+?X4&*K)[JN%476J8BJ]8T[
M&FELJ;%+-:KJ86)/D0-%CD'D1,V(UW%5XG7+HE:79VO+:G]7T:G7S2)*Y/5\
M>L0MK@0[W9I/X.H'$XN4@54MM%VB1'D#=XBZE.\Y5`N]J.]1-?-TY>JFJEY+
M!BXB:KBA3PHZ(X^L3NGFYDHY<4R=B4\*.E./KK+RE$KJ1C"CRMRG!)6%1TY%
MORHOJ;+R*4%E[9%5N=+OKQNJ;'U*4-EYY,NB'OWV5#GXE*!R],BJ5/0-4MQL
MK1,UD[C9LJB]Q<V.N>+\[9NB66^)?/S;,=LMV<3^QBI.J^16<:0,^9A5U>-?
M.T0%?^>)'G5=E+PV>-1S*.J]?8?<F%V]J5VK@6G@(J**&U)GE.J4:K4;^-L6
M,=*94&?J=?YN,'&/*-":4VL1M+(G`OTZL'3'HQ*MJ+(.*J%-RKKW;JBUI=8N
M:)D2E4OP.J[K0)5C4#E1(G$\Q,3QED4.$,=;]L;QVRR]_!/?N]6;V/=N]28U
MN1K(6J4\RMNW3=0AZCJ4^-YJU>1&E7>K@JE)%U7/AM9KF4%$5[`1D6&&[FRG
MI4<^RDI7:C6],CIV$9'TQ">=+/4T1&4FYPT!99Z'E!/5L0A11K@2#819'URZ
MXU&)5R'EA/`Z1!GA@ML&2KP-*2>$=R$J*W%%/7[NW?&HQ(>0<D+X&*(RX8*;
M"XHL7<VRT\Z0WI>'&>U25,W)<Y/9(G2RWZV??LH*@%C7OJED\>F2@$/IPY.>
MS&Z%J+S?$76(N@[%_<ZA6EAQ[Q,-F#ADU(AHS,0)HZ9$,R;.&;4@6C)QQ:@U
MT8:)6T;MB/9,/##J2"1[#0J6,@OB?(/;1DH]9Q:GHK$^]Y9;M(K&]+)%=;F5
MY"-L5=_>6B$J>"M/]*C#J"Y1CZA/-"`:$HV(QD03HBG1C&A.M"!:$JV(UD0;
MHBW1CFA/="`Z$HFWT&K-VP*6-GCJ+;,@4^0MP]6X99'REAK<6V8CI%EI"6--
MFZA#U"7J$?6)!D1#HA'1F&A"-"6:$<V)%D1+HA71FFA#M"7:$>V)#D1'(O$6
M&E*\198V>.HMLWI2Y"V[JA+/FY4M4MY2ZW.M$.4'J391AZA+U"/J$PV(AD0C
MHC'1A&A*-".:$RV(ED0KHC71AFA+M"/:$QV(CD3BK;RY?4.*M\C2!D^]958P
MBKSE5M'B>Z)%REMJ7KHE>S`P;@%U&-4EZA'UB09$0Z(1T9AH0C0EFA'-B19$
M2Z(5T9IH0[0EVA'MB0Y$1R+Q%EI-O$66-GCJ+;.04.0MN\"0C%L6*6^I9:N6
MV:^O[XE`'49UB7I$?:(!T9!H1#0FFA!-B69$<Z(%T9)H1;0FVA!MB79$>Z(#
MT9%(O(56$V^1I0V>>LM,TA=YRT[>)]ZR2'E+S86TY*./\!90AU%=HAY1GVA`
M-"0:$8V))D13HAG1G&A!M"1:$:V)-D1;HAW1GNA`="02;Z'5Q%MD:8.GWC)3
MYI&W?C<77K93[(GG'`J3U2T?%5";J$/4)>HYY#<4EVKZPSS]$.&?#`9$0Z(1
MT9AH0C0EFA'-B19$2Z(5T9IH0[0EVA'MB0Y$1R+QFVUJ:0M?T^(W,M_^-B[U
MFYFP_B=^LQ/<B=\<"N9JE8':1!VB+E'/(>E&_AK[1`.B(=&(:$PT<>@WFXY#
ME"_7C&A.M"!:$JV(UD0;A^39R!=B&Z+"]%'E6JV.[$*43]P3'8B.1&)#V]SQ
M?N/;`N9M8>-2&YJ9V\B&^?28G=%-[.90;#>@MDQ,FUMJ-(/:(>H2]8CZ1`.B
M(='(HS"/,O8HE'[B4&3P*=&,:$ZT(%H2K8C61!N'HBK<,FI'M"<Z./2;[<DA
MRIM2O&4;,JH=&>+(6@E+O%51T_W>6QE/I\<\"JW3(FH3=8BZ1#VB/M&`:.B0
MVK>IIE9&(<I7WYA:$Z(IT8QH3K0@6A*M'(JW+1-MF+CU43)CE<^$5Z[56_\N
M1/G+WE/K$*)B+?66=PQ17DN^+J9@\K^`I4Y)'6BF>`M&MXJ=^HU'-X]B![JH
M@-J,ZA!UB7H.*2.I]Y%^B/*U,*#6,$3%-:H^0#0*45YK3*T)T91H1C1W2%V0
M^KS$(D3Y0BRIM0I1\06IQ?1UB/):&VIM0U2DA7W-(<IK[:EU"%&QEKJC'T.4
MUQ+KPCK-VQ`7JZDE`/GZ(YM:L+U9/O"0N/EWKRA9O!IGW1RT3.GD'9L[G%VB
M[(/V5]0FZA!U_1E#C^GY*'G1S\^(;<XAR)]PX*7"+7P8HB(I['0.45YK3*U)
MB(JUU`@W#5%>:T:M>8B*M=0(MPA17FM)K56(BK74.+$.45YK0ZUMB(JUU#BQ
M"U%>:T^M0XB*M51W/X8HKR5=P5I./J"3L]L0%ZNI#B]=P;F5FY\K9KZ[:&"W
M\^#)P.ZFQF4V(#<@-S]G@K+R%EYVVD0=HJY#T<-:SZ'HR:E/-&#BD%$CHC$3
M)XR:$LV8.&?4@FC)Q!6CUD0;)FX9M2/:,_'`J".1V,TY(`Q!,O):%C6(>"MF
MZ4.#F>\N\I:=!T^\Y5`X6:MB4?H!E4MUSVB'*-\I.D1=AQ)OX8Q]1@V(AD0C
MHC'1A&A*-".:$RV(ED0KHC71AFA+M"/:$QV(CD3B+52^>(O,>\"V6^HM,]]=
MY"T[#YYXRZ'86T#MBD7*;NJAHA.BO-VZ#B7>LEIJ9XVZ7_1=HM^N*4\/ZDXW
M<!'R8NC/-G3HM/0HE:[7]+U]3.7)FY2G(2K[@%I9??Y]1N%Y2`GW#7S><A&B
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M%Q69L>^0OR%4:JIZ!LP9$HT<<LZKZFUA8Z9,B*9!)1ZF5)>:,7%.M`A:65](
MN\*2"2NB==`X49X-$[=$NZ!54)X]$PY$QZ!QHCQB:-OR43.+H<E:OY-+C6U6
M*XJ,[1:M8F-C':M5`6H[I(P=NE7V*?).B`K&AE;/1457W'?(&;M^75%/#0/F
M#(E&J4RYKC??C9DS(9HZY/J'>E>>,6%.M$@U]#:+)3-61.L@<L)"&R9NB79!
M*[.TNJH],PY$1R6B;C=B9MO:4=.*F<F\P]1#:A@[4C.;I9#(S+^=C'/K8K')
M'8I';Z!VQ2)E<C4CU`E1P>30ZKDHF5?Q47V'W-ZYDFR1"1><]9^!BXBJ;TB=
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M`_:8TA.?=%)Z&J*R)UTM/*/P/*2<*/,B1!GA:K3WUFYQIO`JI)P07H<H(UQP
MO[`&B6IY&U).".]"5%;B*S7T[-WQ2/@04DX('T.4$98=ZNDKN_0U%%GZFF6G
M72?=+P\SVJ6_O=&89:53'4]M<:ZZY:JXXUF4WE6PQ=DE2E3H>'FB1QU&=?T9
MXQN-38RW.+NH"`V8.&34B&C,Q`FCID0S)LX9M2!:,G'%J#71AHE;1NV(]DP\
M,.I())YT#@CM(9Y$@X@!8Y8^W)@EJ,AS_G-V5;<T%7O+(K4M0CU]M5RB1'DC
MM8DZ1%VB'E&?:$`T)!H1C8DF1%.B&=&<:$&T)%H1K8DV1%NB'=&>Z$!T)!)O
MY<WM&U*\198V>.HML^I2Y"V[&A,OIU0M4MY2@WLK1/DBM8DZ1%VB'E&?:$`T
M)!H1C8DF1%.B&=&<:$&T)%H1K8DV1%NB'=&>Z$!T)!)OY<WM&U*\198V>.HM
MLT)2Y"V[<I)XRR+E+373UZKF4;Y(;:(.49>H1]0G&A`-B49$8Z()T91H1C0G
M6A`MB59$:Z(-T99H1[0G.A`=B<1;:$CQ%EG:X*FWS&)%D;?L(D;B+8N4M]3R
M6*N:1P5O`748U27J$?6)!D1#HA'1F&A"-"6:$<V)%D1+HA71FFA#M"7:$>V)
M#D1'(O$66DV\198V>.HMLW90Y"VWJA0_;UFDO*7>5UO5/"IX"ZC#J"Y1CZA/
M-"`:$HV(QD03HBG1C&A.M"!:$JV(UD0;HBW1CFA/="`Z$HFWT&KB+;*TP5-O
MF=GY(F_96?MDW+)(>4N]\[:J>53P%E"'45VB'E&?:$`T)!H1C8DF1%.B&=&<
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M[+C@$=EAT3#[)WA$]DLTS&X('I'=#PVSMX%'Y%J-XPJ/R9XON:*B6I`=7')%
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MF%PUUD6-MC6]I^C`H=:0W[SF&8;UAORV,_FJWE@7\6V]L2OBAWI#?N]8="[R
MD>CEX_N?=U\>)G?/7QY_O)Q]>_@LSS:7[^HR)?7\^.5K_H]7^QVS9W\\O;X^
M?9<U_O.SKP]WGQZ>3;0$?WYZ>O7_,"?X]?3\9_;\]/'_!0```/__`P!02P,$
M%``&``@````A`+]9N#[F#@``85<``!D```!X;"]W;W)K<VAE971S+W-H965T
M-C`N>&ULI)Q;;]M($H7?%]C_8.@]MDC=C3B#B'W'+K!8[.59L65;&-LR)&4R
M\^^GR6ZJJ^NT36<W#W'R\51+I]AL'M(2/__R^_/3Q6_;PW&W?[D959?CT<7V
MY79_MWMYN!G]^U_JTW)T<3QM7NXV3_N7[<WHC^UQ],N7O_[E\X_]X=?CXW9[
MNO`CO!QO1H^GT^OUU=7Q]G'[O#E>[E^W+W[+_?[PO#GY_QX>KHZOA^WFKBMZ
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MOQEY3UYW]/2W+]5R.?E\]9L_'&ZC:%T0Y8JF5[2'1#NNX$!RH#C0')@`_-_T
MO4WS5[8%T6*VRD6N(%HN9V?1E6_>N8/^L(,.^H/]S0ZV^K:#O?5U#]+;KL^O
MU#6GZ15]B>A!*IF,\QK92_H:%0#MSFJ1UVB4^)T[ST4FB.I9W>W]:5W-4F.Z
MMVN+P[#7<GR865V=7RCKKU^0H+]^AO83LMWLIVR^TY?GH;IWM`ZBZ;GG#0>"
M`\F!XD!S8#BP'#@",H]^P02/\^2QW7PS\AVC$YO-V740+<(Q6=7SR;C[DW>B
M":KV2$]CD<Z'@S$;:EK/IZ6AY$>&4D&4.J\Y,!Q8#AP!6=?\009=(S.CW<R[
MMF*'R3J(YJ%KDW+/@B9Y$%E1M2AVAQ<I6C0+)>S-:%YC.+`<.`*RWO@3'^U-
M?[2T&'J2#KQPM`11\MMP(#B0'"@.-`>&`\N!(R#SYD_'U%M_SNH]MIL'5X0@
M(AXY$!Q(#A0'F@/#@>7`$9!Y;"\%"N?EWF.[.=^/<[[F!4F8V;/QO#1)FZ!)
M71"T:#ZM2D62%RE:M)P5CR'-BPP'E@-'0-8:'Z3>:TV[.6]-M5RQ,^HZB.)A
M/RT>P4W0D.;0HKK<4<F+%`>:`\.!Y<`1D'6B7<;?:T6W'7H!::T=Y6:4C#:Q
M+A$!1`)10#00`\0"<93D=MM8]LY!4878YD^RZ=RV7/+C(JJ2N0:(`"*!*"`:
MB`%B@3A*<KMM1'K/;HQ0Q"XL`E70O+\*1%'JB,C*WEH'H$P!T4`,$`O$49*W
MI`U0I"7]<EB%8)4GI!6+_NNH2CX;(`*(!**`:"`&B`7B*,EMMHF'V.1GN"HD
MHJ&)3G)3=V)O8EUJ@``B@2@@&H@!8H$X2G*[;8AYSVX(.6SOLJN.=7O-Q98Q
M3@1H)!`%1$=2SZHN)HXO6?0V4&*!.$IR]VW,><]]B$',/;LJ6U<D+,6=S8D`
MC02B@&@@!H@%XBC)[;:)YSV[(1$-S6V2FZ)=3D3%B02B@&@@!H@%XBC)[;8I
MYCV[(>70O8N+>-"$1?RM"[N*Q*6N(R*26/9&F(,R!40#,4`L$$=)WI(VSO"6
M3&?G*_HJQ!W:$I_@V/V#=52EM:P!(H!((`J(!F*`6"".DLQN/1#2NNV#URM1
M1>P"$4`D$`5$`S%`+!!'26YW(*35(:31O0L3/FKBS"U=A#11DOHAAHLD%"D@
M&H@!8H$X2O)V>*,PV<E-BKK=#A&=9]:H2FX;(`*(!**`:"`&B`7B*,GMLH#&
MDTL=@MK`ZAY5U&ZH2T2`1@)10#00`\0"<93D=@>"6ATB&)WL?BEC\6$=5<E<
M`T0`D4`4$!U)2BXU2TT&:BP01TEN?R"XM;]^XI-[-69WO=911>U#<`.-!**`
M:"`&B`7B*,GM#B2U.B2NH<G-<UD3ZU(#!!`)1`'10`P0"\11DMMM\Q,Y3_<7
M6W7(5=FD7HWY3<2H2J8:(`*(!**`Z$C2I&;'DX$2"\11DKL>"&PU!K9J->;W
MEZ**NH=\!AH)1`'10`P0"\11DMLMA3%Z?@IA;&A.!Q6URXFH.9%`%!`-Q`"Q
M0!PEF5WOK#BG.\Y.PSBGHXK8!"*`2"`*B([D[3D-)1:(HR1W/9#))IC)_)SF
M]PFCBKH/=8D(T$@@"H@&8H!8((Z2W.Y`YIJ$S#4PIZ,JF6N`""`2B`*B@1@@
M%HBC)+?;9J/".CUI^?"<#BIJDQ,11TH:"40!T?WKGV^;+'CX@!H+Q%&2VV;9
MJS\]30J9:S7F]P*C*EEJ@`@@$H@"HH$8(!:(HR2W.9"Q)B$K^7WVWDWOJ*)V
M(6.!1@)10#00`\0"<93D=DL9B]P<F(3TQ,('FUCKJ*)V>>H2H)%`%!`="5FH
MV6L;J+%`'"6Y?9:Y^/73I)B]^,W`J*+V0UTB`C02B`*B@9@S:3\+Q-Z(/6_L
M/X7B*,F=#^2N23%W\;M"495\-D`$$`E$`=&1I!W/`J^!$@O$49*[;\-1:0T/
MH8E-=WY[8,*C50-$`)%`%!`=27+-0H&!$@O$49*YGK(TQF=[MQW.8"SNKZ.*
M[',@`H@$HH#H2))[GHD,U%@@CI+<_D`LFY9B6<4OGZ,JW"R;QD^6\$_]0%"+
M5:EI$H@"HH$8(!:(HR1OP$!0FX:@EL_^BAUXZZA*5AH@`H@$HH!H(`:(!>(H
MR>VVP8H<Y##=0_`:.)5/@XK:Y42`1@)10#00`\0"<93D=EE``[NEH%;Q*^EI
M4%&[G`C02"`*B`9B(DG'.[]=9J'&49+;9\&MSZ<^S&`LK]BZNHXJ:AL"&V@D
M$`5$`S%`;"3G1N3+B:,%N>>!]#8MI;>*9_.HHMXAO8%&`E%`-!`#Q`)QE.1V
M!]+:-*2NH0.:9[,FUJ4&""`2B`*B@1@@%HBC)+<[$-&FI8A6L7R\CJIDK@$B
M@$@@"H@&8LZD%$[/&\_AE)+<.8MGW5+FCX+S,5V*:15+P^LIQ#0@`H@$HH!H
M(`:(!>(HR>S.!G)9MWWP5Y91178T$`%$`E%`-!`#Q`)QE.1V!W*8OX%16+'Y
MO(XJ:A=2%V@D$`5$`S%`+!!W)N%+&N<E/+=>2F!D8OM/^1>L\ZNNJ*+60UTB
M`C02B`*B@1@@%HBC)+?;)J5W$M@L)*F!!3NJDKD&B``B@2@@&H@!8H$X2G*[
M`PEL]J$$%E74+B0PT$@@"H@&8B+I@\?B<KK*_BSD)Y:4+`SB*,G[P2(93Z2S
M8C3C5]M11?L!T0PT$H@"HH$8(!:(HR2W6TIC_I<$_5EK%E+5T&SGV:N)=:D!
M`H@$HH!H(`:(!>(HR>VR-':V&?(5O8J<\\@Y"YIX$;TJ?UH^BJAO6C8O?XY<
M0ID"HH$8(!:(HR1O!4MJYU84$QJ_H3(+JM",65W\0'\31;09M&R^+']Y`,H4
M$`W$`+%`'"5Y,TKAC1X&A?"&WQB8!57\3%+Y&P-10WM"JR;E[U%!E0*B@1@@
M%HBC)&N)_VX9G@?)%\ZZ[?S&6\WO/$55LML`$4`D$`5$`S%`+!!'26YW(.#-
M0U`;6`BCBMJ%@`<:"40!T4`,$`O$49+;9:&N/_KG&.9@(8R:,,VKB7]P0/OG
M'![#9VVC*'5"Y&7+XI(AH4P!T4`,$`O$49*WH@UT)/"=6]%R/L$KOA#.@ZIO
M1OF@CR+:C*S,?^"I^Y/W4$*9`J*!&"`6B*,D;\9`')P7XB`NA%$5SPXE;TV4
MT):$H4-1L8\2BA00#<0`L4`<)7E#6!X\SXY2#N3?DEW/>>IK@`@@$H@"HH$8
M(!:(HR2W.9`#YQ_*@5&5=FH#1`"10!00#<0`L4`<);E=E@-YRI\7\B#/^%$3
MYNL;OU2)FM00D54MWYCFX=53E8)Q-!`#Q`)QE.0->2,-SC$-XOF`AKIB?FGB
M,,F1B*1?-TMKA(0J!40#,4`L$$=)WH>!(#@O!D%V\EM'53#W*:9<)FJBB/8D
M#)Z(!(T"HH$8(!:(HR3KP**4^T@4[K;STV+-?R435<E*`T0`D4`4$`W$`+%`
M'"6YW8'<M_A0[HLJ:A=R'V@D$`5$`S%`+!!'26Z7Y;YNX?.AN#^M+3#_^>=[
M\-`356%^KY9]?.$S/,I25T166-73-RHE5"H@&H@!8H$X2O+.L!C([]\O2G&P
M9G>:UE&5+#=`!!`)1`'10`P0"\11DML="'J+D,:\Z?<^,Q95U&ZH2T2`1@)1
M0#00`\0"<93D=EF,@WE?B'.%>1]4\:0U*U_Y+'CF$Y'$LGGYK@>4*2`:B`%B
M@3A*\J:40A^YL[\(H<\O"6D.K&I^7RRJTAYO@`@@$H@"HH$8(!:(HR2W.Q#Z
M%B%V#4UY'LZ:6)<:((!((`J(!F*`6"".DMPNBW0\XRX*T8YGW*@),S>&55CE
MPSC4/@V$_C%#Q7`7ATYE"H@&8H!8((Z2O".E<$?G>R'<K?CG.]8+GM(:(`*(
M!**`:"`&B`7B*,GL+@>27+=]\%>T497V4P-$`)%`%!`-Q`"Q0!PEN=V!)+<,
MB8RN9O"MTJ@)3\BJBPMU$S6I(2*KFI9O;$&5`J*!&"`6B*,D;PC+>GW&6X:,
MYQ\JTG^J88VH0200240*D49D$%E$+D.YN5)<:Q^@\-93"?W#/.%V'MROB:+V
MX2+TE,<^I=$D6=]!@4@B4H@T(H/((FJ?3MH:\N_5OXG0F_"TT?#PQN?MX6';
M;)^>CA>W^^\OWDZ[BI_I^2FG7[MZQM?5M>ZF!^?U=5/2B_I:EOC79>T?HUK:
MLEY.^@>L7IU?Q#_W]'7SL/W[YO"P>SE>/&WO_=L>7[8!YA`>D1K^<]J_=H^E
M_+8_^2>>=O]\](^RW?JG1(XOO?A^OS_U_VF;<WXX[I<_`0``__\#`%!+`P04
M``8`"````"$`62TEC$((``!:)P``&0```'AL+W=O<FMS:&5E=',O<VAE970U
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M1)(_5^=&]8`LO?JN_W]K]L/Q/DKRFZS8)"+.HM53W0]?&G5MM-J]]D-[_@^"
M!*:")#$FD?]C$A'?Q&4FLGPYRQI6I"OY7`W5PUW7OJUD>TC,_EJI9A.W,K,J
M(<TDE3LU^4G-ZA@YW,O1;P^BS)*[]3?)R@Z#'B%(-K4)BDW$6L(8+)G?P1HQ
MU"C%B+?F>KV,1P@I]6:X"1,VH1J5##OKD8M.O900E`8I4Y+2YT/-WD=R.:94
MF3KS4D-0H>G*2C-)J)#;[E#APZC9`"8WF8`4"$H!IC"3!":?A5&S`8S-!#`0
MA#"V5`)3S,*HV0#&\@(P$(0P=K,(C/+-Z5Y5LP&,WTD0!##Q9@)G.XNC9GV<
M?&/XAW(@"'!$:3DE]0CI.#,%Z>D`27A(&(50N>650BWH'#1,&SNW,H:B!$0A
ME-/W%$JI=7J;!(C9@PH\!:(`*MO:;:10U`!\&0D0N0=E-QVK&JU`V5OB%$VA
MYHU!<,Z06[D@%$1!54ELBZ90C#DD&^O)G#ODOCO(^Y!JTUS;0RS_F;:A6(Q#
MN%B<1>2VG;&LT2/4S=+U9T&-871\/;SHT!@56K2@/F"R<@;@Z`'7"E'`B]B6
MEC>Z\GD/$*P)V"Y%K-$%?%YB*ORQ`CV\R`M&A;S$5.,F*ZMMZQ.P5GWQV"]B
MFUB5$%YBI<MI<>MIW[(*WQPQBJF`ZME4``J5/]W;KETA5C#J.&";2M=D924;
M\`)1V"]E.:%9=0*;XX73;.%;N4XBSU_!H22F*C45@.Z6>)E29\RK4P_[>QCH
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MHY`7D=I^(CI*J5;]?M'3`2_^N0ZCF`JH2@TOH,Z%?DDABLG*JU,^CGB'OV`4
M'*US,6$O*95J0`LGV<)2C.T"44P!5*2&%A#G$BT0Q63EQ9F"[);:912G^G`3
ME[84VBU4J8&*0(L4JO!/NRE$A05D5*,C+7IX4448Q63EM9F]Z[2+4=`M]GA*
M2,F4'L/;G1[VI5/:'-`C&,4LFPK3D*&&E\F`*"8K%:3?UQE(CFZ@\_D=USP*
M4W\0MA515JA(`R1.K)EON!E$`?W.TSZ*-*_5C--JYEL81B'21/MG5+=!3:!,
MCSV;"]D;]:N59M=!:Z):#I`X36>^T#)7TV)C3\L4BM&T\V0WXS0=/,;"**!O
M.V&J\G[K"L4O2D_[@LG]SSX8!4BE/;F0FG*J^0")U;[E!S9*)U&G(+51CKE3
M)"K^`$E-!S59?A`)HK#YMO:82J&H(P10H'G:?;G-A5"C,ZBBA//)DD+-VT3.
MV43P$`NCH"J16FU3*,8GG`=+.><3P4,LC,+#SF;JPW=.G6+T5#WL;U(9--[4
MW3RGKF"R@LXEWW,/(_3%W%$[GW<`/>VO.7!JC,+&L@U.=V#>`'+.``*GQJAY
MI&+>`/1T4)-U2.A@C$(DNTNDIF+>`/1T@.0[-48M(,T;0,$90.#4&`5(3N?1
MFN;U7[#ZMW=G9,_5O_.!F"+-R[]@Y6]W`I$@"FIRS($B,>IW;CX%JW[;QX@$
M48AD*Z9(5/N^>Q;<*2'WC1JCL"-26S*%HH800($Q+!AU`5$`)9RO)2G4O$L4
MW#G!V0ODCYP34DLOA6)LPC'J@K.)P*@Q"JK:3CW<*:E/C(ZJAWW5EG:Y4`U&
MA6??DGJ"R0J'@06?UA=S/EW.ZU]/^VL.?!JCL(/Y;V#*>?GKZ0#(WG21'%?^
M=I)L=#FO?CT=`/DNC5'S%<V+O^3$[WQ/CA41\4]0-Z_]DM-^X-$8!17%$](O
MYZ6OIWWN@L,T1B'2A)^5\\K7TP&273621Y1O[W^T'QCA.QY=LL(/5`E14).P
MW4*0ME3WOG'JZ:`FWZ,Q"CO/GG\I$O6"``D\8<&BMQ`%2,E43?/^L%7304WV
M8PWL$T8ADIVE-3$&X1BT?,&)0;(>@$@0!2^EQ,%39GC%"5X,.M?=<_U+?3KU
MJUW[>I&G7"$_*IE1>+7J4;Y:%>OOJ<R$?.'I6CW7?U3=<W/I5Z?Z("_=W*A[
M?0?O1L$?0WO5K_L\M8-\U4G_>I3OL-7R?:/-C0P^M.TP_J&^RC-OQ3W\#P``
M__\#`%!+`P04``8`"````"$`T2)F_2L#``!`"0``&0```'AL+W=O<FMS:&5E
M=',O<VAE970U."YX;6R,5MN.VC`0?:_4?XCROB0.!`("5DM7VU9JI:KJY=DD
M#K$VB2/;++M_W[$GY`IT>8#$<WR.Y^(9UO>O1>Z\,*FX*#<NF?BNP\I8)+P\
M;-S?OY[N(M=1FI8)S47)-NX;4^[]]N.']4G(9Y4QIAU@*-7&S;2N5IZGXHP5
M5$U$Q4JPI$(65,.K/'BJDHPF=E.1>X'OS[V"\M)%AI5\#X=(4QZS1Q$?"U9J
M))$LIQK.KS)>J3-;$;^'KJ#R^5C=Q:*H@&+/<Z[?+*GK%/'JZZ$4DNYS\/N5
MS&A\YK8O(_J"QU(HD>H)T'EXT+'/2V_I`=-VG7#PP(3=D2S=N`]DM2.AZVW7
M-D!_.#NISK.C,G'Z+'GRC9<,H@UY,AG8"_%LH%\3LP2;O='N)YN!']))6$J/
MN?XI3E\8/V0:TFWU8I&#$GP[!3<U`*[35_M[XHG.-NYT/@D7_I0$H>OLF=)/
MW.QUG?BHM"C^(H@8]88DJ$G@MR8AP22(0A+._\_BX8FL)X]4T^U:BI,#Y0&:
MJJ*FV,@*F(T+BQ!"&1OC@[%:#"PK6'W9DFCFK[T7B$I<@W8(@J)N0$&#\$"F
MT0+^CM99PZSV-8)EL]\>8X>0R":C2SB]2&A6(<*=\Y`H"`>4")J-*&<]2AN/
MJ=_$PU@W+ARG<17B00;4"%K8<`5ML'JA@+1W0C&4,=:13!M4#`J"9E9FVAI[
M,O.;,L8ZDID.O$$0R@2MJSV9Q4T98QW)S`8R"*IE6F-/QO3-0:UV<F.L(YEA
MVA&$,LLKWBQORACK2&8^\`9!*!.U$>UY0Z#?W'#'FD="BX%0C4*EQ36E"Y>\
M$SB"%WA0U=%0"5&H-&^M?9_,3;V>(H(7>:`TO.TU"I6"Z$IID_[E'UXA:QZ&
M+VQO(]ZA&E5+^5?JCEQH"K-.D[S4%<*VN&HI1-52Y%JJ^HWAW"-AJHRK+FPC
M4TL@"CL/@4^30DP2#C)L_P63!_:)Y;ER8G$LH9\1Z"3-*@[0'0S0P+;(Q@!C
MK:(']IW*`R^5D[,4MOH3F!F.Q`F(+UI4MJGOA8:!9A\S^*?"8*KX$P"G0NCS
MBYFQS7^?[3\```#__P,`4$L#!!0`!@`(````(0#>*YD#N`,``/$*```9````
M>&PO=V]R:W-H965T<R]S:&5E=#4W+GAM;)1678^C-A1]K]3_@'B?\)5,F"C)
M:B":=J56JJKN]ID0)T$#&-G.9/;?]UY?;##,KK8O(=Q[[O'QN;;Q]M-[4WMO
M3,B*MSL_6H2^Q]J2GZKVLO.__//RD/J>5$5[*FK>LIW_C4G_T_[77[9W+E[E
ME3'E`4,K=_Y5J6X3!+*\LJ:0"]ZQ%C)G+II"P:NX!+(3K#CIHJ8.XC!\#)JB
M:GUBV(B?X>#G<U6R`R]O#6L5D0A6%PKTRVO52</6E#]#UQ3B]=8]E+SI@.)8
MU97ZIDE]KRDWGR\M%\6QAGF_1\NB--SZ94;?5*7@DI_5`N@"$CJ?\U/P%`#3
M?GNJ8`9HNR?8>><_1YM#%/O!?JL-^EJQNQS]]^25WW\3U>F/JF7@-O0).W#D
M_!6AGT\8@N)@5OVB._"7\$[L7-QJ]3>__\ZJRU5!NU=84O(:1H)?KZEP#<#4
MBW?]O%<G==WYR>-BM0Z3*%[YWI%)]5)AK>^5-ZEX\R^!HIZ*2.*>!)X]29PN
MEO%JG6J6'U0F?24\^\H(YOJ#@F5?`,\/],X+`YJO]NE0J&*_%?SNP>*#&<FN
MP*4<;8"L-Z@?VEH&G2L1_8QP701F2(B^[:,TB;;!&S2A[$$9@6`/#2`7D1L$
M-@)Y#Z-``,JL/+#R_\A#N"LO?G*'S@@R%A>[B-P@K+@Y:Q+:&D<N]&\DUYB&
M45A08S_2>&49M`,9@99Z0:$E^31P&`6<0:%MHT%U"Y/0=@RS.Q^F,#0C3293
MS@BTIH:&JTE#<TH/V@X./HY3.Q='&.R<D3#C!D9G@A++0&X0:*D%/43Q8+=.
MYR9M6V0"N"(?HF0PUQ'T^*$@C,X$+2>""$2"'MU<;G)6C0F@FD&Z(V7M2)DV
M#;,S2<.DR","]1ZMAG'((I.UHDQ`6[0<R!Q9^.&;'`>CM839F:R)&QF!2%8\
M2>8F:569`*KZWCIZFHN*U@LXF,V20L!,U]KM4D:@WJYD6+)D%V7QU!WV23S9
M!P>'8K2#'0N18^2AT:C#,Y$3&5F/HIV8KH<ND<H^/=J)3D$TWKJN*#Q@A\9:
M473N1O0=PV,G@_]HYBB4ST,')^2.A*?E,))9V=__HM#IZAQ04^,SN"-H40XJ
M329G>S[`[/IR0B24;@OT%6R8N+"<U;7T2GYKH?>X0&R4;BD9WE+P8)[&XPU\
M+.;QYP@+/JR(8G/A"2P9W$.ZXL+^+,2E:J57LS/("!=K.-,$75GH1?%.?]N.
M7,$-1/^]PM620=?"!8#/G"OS`J(">UG=_P<``/__`P!02P,$%``&``@````A
M`/Q'=Q#^`@``!P@``!D```!X;"]W;W)K<VAE971S+W-H965T-38N>&ULC%5=
M;YLP%'V?M/^`_%Z^$O*ED*J!=:O42=.TCV<'#%@%C&RG:?_]KFV@,8FTY"&8
MZW./C\^]-MO[MZ9V7@D7E+4Q"EP?.:3-6$[;,D:_?SW>K9`C)&YS7+.6Q.B=
M"'2_^_QI>V+\152$2`<86A&C2LINXWDBJTB#A<LZTL),P7B#);SRTA,=)SC7
M24WMA;Z_\!I,6V08-OP6#E84-",IRXX-::4AX:3&$O2+BG9B8&NR6^@:S%^.
MW5W&F@XH#K2F\EV3(J?)-D]ERS@^U+#OMV".LX%;OUS0-S3C3+!"ND#G&:&7
M>UY[:P^8=MN<P@Z4[0XG18P>@DVZ1-YNJ_WY0\E)G(T=4;'35T[S9]H2,!O*
MI`IP8.Q%09]R%8)D[R+[41?@!W=R4N!C+7^RTS="RTI"M2.5DK$:5H)_IZ&J
M!6#G^$T_3S2758QF"S=:^K,@C)!S($(^4I6+G.PH)&O^&E#04QF2L">!9T\2
MPO#&Y%F?#,\A&88W)L_[9'CVR4'HAJLHB!;_U^\9+[2'*99XM^7LY$!?PFY%
MAU67!QM@[LWK'1CMA*)F"OV@X#H)C!(0?=T%JW"^]5ZA0%D/VAL0'*\/D(U(
M!H0JDN)-!UY5:%`VR@-OS^0-*E345A&N[17V5R`V(KE$S'P;DEY"ULL18NF$
M,E[1J:+09>=&K,)H9-!;WQO07'>9\B*9!M*S@+4HU.O*HBH:(Y`^NC^;398T
MD*6NWVHY$92<SP9^%-C)J34=AJMQVM(&)^J*-A6UM4'[+$8&8T@/B@*M+W17
MOO4+OMR%=D8RS5A;"?YE1FHRM.F6[(4E6Q^'>31VOYJ]D/_1$4:^`8%+H_^P
MQP^7-"BY"IKT<#J`IH=B:8D<#H6*3L5-.WIO0*;RT<3XQ)J<EMU,GCEF+F1S
MF32$ER0A=2V<C!U;V+DJWA@UWX%]L(&#KS8S3L#UW.&2?,>\I*UP:E)`JN\N
MH3S<W.3F1;).G_<#DW`QZV$%'UP"Q\5W`5PP)H<7M<#X"=_]`P``__\#`%!+
M`P04``8`"````"$`G6HA6O,"```<"```&0```'AL+W=O<FMS:&5E=',O<VAE
M970S-RYX;6R45=N.VC`0?:_4?[#\ON0&[!(!*R"DK=1*5=7+LTD<8FT21[99
M=O^^X]AAG<##[@N)#S-GSEP\63Z^U!5ZID(RWJQP,/$QHDW&<]8<5_C/[_3N
M`2.I2).3BC=TA5^IQ(_KSY^69RZ>9$FI0L#0R!4NE6ICSY-926LB)[RE#?Q3
M<%$3!4=Q]&0K*,D[I[KR0M^?>S5A#38,L7@/!R\*EM&$9Z>:-LJ0"%H1!?IE
MR5K9L]79>^AJ(IY.[5W&ZQ8H#JQBZK4CQ:C.XF_'A@MRJ"#OEV!*LIZ[.US1
MURP37/)"38#.,T*O<UYX"P^8ULN<00:Z[$C08H4W09S.L;=>=O7YR^A9.N](
MEOS\1;#\.VLH%!O:I!MPX/Q)FW[+-03.WI5WVC7@IT`Y+<BI4K_X^2MEQU)!
MMV?:)>,51()?5#,]`I`Y>>F>9Y:K<H6C^21\F`6S>3C#Z$"E2IEVQB@[2<7K
M?\8JL%R&);(L\+0LH?]Q%HC7:8&G9;E_-XEG\NKJD1!%UDO!SPAF#(3+ENB)
M#>(Y1K80-IE+::!!F;;>:/,5AEL`.4M`G]?!?#%=>L]0[,P:;6\8#2UVO84N
MN.9-QL!^#*0.X('V2P+AQQ+0YCJ!/O*V!]XR"D=B>XO>)1D#^S&0.L!`+`R`
M4^V^J!J%P7**&D;W0Q%;8Q.8N=(EVUTAR16ROT)2%QE(F]Z4IE$8#<C';?AL
M),Y:19>J[@P2WCM^X>)AZ)98M[=F[*V;.U_A8C%T2]UH@Q3@8MRHKD:[%/K^
M;2WBR#7(0&[D^\.XB75SY%HW5V[D!T.WU(TVD`O7[89<C0[E6L21:Y"1W-'8
M)M;-D6O=AG*CD5PWFI%KMJC9&C451[JC5251QD\-#,4,ML`%O2SO3:AG881O
M8:EW`SS&PQANS`W[*(9YO<8WTWC3?1R\"Q'L[)8<Z0\BCJR1J*(%2/,G]U!\
M8=:[.2C>0G%A<7,%R[I[+>$K3.%"^1,P+CA7_0$">Y?O^OH_````__\#`%!+
M`P04``8`"````"$`3KX&U/$"```;"```&0```'AL+W=O<FMS:&5E=',O<VAE
M970V,2YX;6R,5=MNHS`0?5]I_P'YO5Q#;DI2-4'=K;255JN]/#M@@E7`R'::
M]N]W;`,Q4+5]2?#,F9DS%X\WMR]5Z3P3+BBKMRAP?>20.F49K4];].?W_<T2
M.4+B.L,EJ\D6O1*!;G=?OVPNC#^)@A#I@(=:;%$A9;/V/)$6I,+"90VI09,S
M7F$)1W[R1,,)SK1157JA[\^]"M,:&0]K_AD?+,]I2A*6GBM22^.$DQ)+X"\*
MVHC.6Y5^QEV%^=.YN4E9U8"+(RVI?-5.D5.EZX=3S3@^EI#W2S##:>=;'R;N
M*YIR)E@N77#G&:+3G%?>R@-/NTU&(0-5=H>3?(ON@G6R1-YNH^OSEY*+L+X=
M4;#+-TZS'[0F4&QHDVK`D;$G!7W(E`B,O8GUO6[`3^YD),?G4OYBE^^$G@H)
MW8Z52<I*B`2_3D75"$#F^$7_7V@FBRV*YFZ\\*,@C)%S)$+>4V6+G/0L)*O^
M&5#0NC).PM9)!#2-/H3/3QK/6F/X;XV#T`V7<1#//Z;@F71T&1(L\6[#V<6!
MT0+"HL%J4(,U>&[S;Y/H*P)]217Z3L&U$>0J0/J\"U;A8N,]0XW3%K0W(+@A
M5]`0<>@0JL[*;V()/&#6TX.*6?0Z%DHZ9!&NAA'V;T"&B,,4$?E#2#*%K*ZY
M#GA"&RV>NHR1WU=-:6%@[((LE\MAL+T!S?3`J)H<QH+$$@R"0]^LX%V1E'2+
M((5K%U;A.&@+B@/=2]^-XB&KPT>`Y!W`@"3<$HODN$)*.R$[[JD!04`KHW'/
M#F^"@F%620=2J\$>M_F[))5V3#(*AZ[W!F2U<2Q(+,$@^.+=X$K[X0P9D!5\
M+$@LP2"X>L]&>V`6]P.LM)/,HU'F!C33DS0+KA=%W_!#I^VOO"4P3,R2-MNI
M(OQ$#J0LA9.R<PT-5Q/:2\W;L(>W02]8KU?`RF[PB3QB?J*U<$J2@ZGO+J#A
MW&QW<Y"LT0ODR"0L:_U9P"-,X-[Y+H!SQF1W4$/2/^N[_P```/__`P!02P,$
M%``&``@````A`,/\HB<\`P``5PD``!D```!X;"]W;W)K<VAE971S+W-H965T
M-C(N>&ULC%9;;YLP%'Z?M/^`>"]@*$F(DE1-6+=)FS1-NSP[Q$FL`D:VT[3_
M?L<V%QNJM7E(X#N?S_G.!4Y6=\]5Z3T1+BBKUSX*(M\C=<$.M#ZM_=^_'FX6
MOB<DK@^X9#59^R]$^'>;CQ]65\8?Q9D0Z8&'6JS]LY3-,@Q%<285%@%K2`V6
M(^,5EG#+3Z%H.,$'?:@JPSB*9F&%:>T;#TO^'A_L>*0%R5EQJ4@MC1-.2BQ!
MOSC31G3>JN(][BK,'R_-3<&J!ESL:4GEBW;J>U6Q_'JJ&<?[$O)^1K>XZ'SK
MFXG[BA:<"7:4`;@+C=!ISEF8A>!ILSI0R$"5W>/DN/;OT3)'R`\W*UV@/Y1<
MA77MB3.[?N;T\(W6!*H-?5(=V#/VJ*A?#PJ"P^'D](/NP`_N'<@17TKYDUV_
M$'HZ2VAWJHX4K(1(\.U55,T`I(Z?]>^5'N1Y[2>S()U'"8I3W]L3(1^H.NM[
MQ45(5OTU)"V]=Q*W3FY!9FN/@WB1HG3VMI?0*-*9Y%CBS8JSJP?C`3%%@]6P
MH25X;E-H=?1)06T+Q;Y7='T(Y`I`GS8H2VY7X1.4J6A)6T."*1](+F/7,52I
ME-_<`D)0ULN#I"UYG0J%NBKBS(VP?87B,G931A*YE'Q*R>8]Q=&9.#IU&9.H
MKYJR0L_M@BP6B]Z3+L'6D&[U^*B:[,9`;@%.<.B;5:1Q<&5=^Y#*T(TL24?!
M#6FN.YHAU[@SQD%9;@&.$!CF_PA1UI&0138J^=:0C!"4)",ECA4-O3!#9%O3
MP;$C<>9([`9*H2-I63)S@V\-:2C#;@SD%N`$G3M!QPU2UC>GPY"LX&,@MP`G
MN-HVPQ/>9:S02<:C@FY;4HKT7*0!FD?V)_ET$[LUVID3@\S<`AQ5V:NJ%#I1
M-7Y0#&F(L1L#N04X01&\XJU:C!NAS6]VHF59\2=(;B.N`O6BFW8#MM0KB8_;
MT;':?L0!RMS/M!_MD4&L6H@JE$:,-+/?S%:H"#^1'2E+X17L4NNEM%GUJ-FK
M6[57]6;L#;#M&GPBWS$_T5IX)3G"T2B8PR/)S6(T-Y(U^L6]9Q+VG+X\PQ\8
M`N^[*`#RD3'9W:C5V_\EVOP#``#__P,`4$L#!!0`!@`(````(0#"4O.F;08`
M`%X;```9````>&PO=V]R:W-H965T<R]S:&5E=#8S+GAM;)19VXZC1A!]CY1_
M0+R/<7.QS6@\JS6=35;:2%&4RS.#L8W6&`N8G=V_3S750%4WQA,_S-BG#]6G
MJXK#I9\^?"_/SK>\;HKJLG7%8NDZ^26K]L7EN'7__NO3P\9UFC:][--S=<FW
M[H^\<3\\__S3TUM5?VU.>=XZ$.'2;-U3VUX?/:_)3GF9-HOJFE]@Y%#59=K"
MS_KH-=<Z3_?=0>79\Y?+E5>FQ<7%"(_U>V)4AT.1Y;+*7LO\TF*0.C^G+>AO
M3L6UZ:.5V7O"E6G]]?7ZD%7E%4*\%.>B_=$%=9TR>_Q\O%1U^G*&=7\789KU
ML;L?5OBRR.JJJ0[M`L)Y*-1><^S%'D1Z?MH7L`*5=J?.#UOWHWB4H>]ZST]=
M@OXI\K>&?'>:4_7V:UWLOQ27'+(-=5(5>*FJKXKZ>:\@.-BSCO[45>"/VMGG
MA_3UW/Y9O?V6%\=3"^6.U"%9=8:9X*]3%JH'8.GI]^[_6[%O3ULW6"VB]3(0
M?N0Z+WG3?BK4L:Z3O39M5?Z+)*%#81!?!PE`IA[W_W>04`>!_V.0M5C&P?JN
M$@]7U65#IFWZ_%17;PZT&.ANKJEJ6/$(@54:`D@FKF5(#-0G4^R/BKYUX20`
M7@/HMV<1!_&3]PU2G6G2;H+$&4G/4.E6<24!/%`VR(/$$7F]"H4J%?WA.P0@
MR"#+-V:T&<&24Z1-B=<#A:F",A)5?=)Z=6H4LDC$B,UF,T3J%KQ#4C@L(3$!
M20`V.51I9G(UNG5A*4,FQ"8V5KI#TAKK%P3+[L,%)HPCUE,<23D1,L:IF&AH
MT!G1:M00'8=C),R8)D4"92_6_B\/9I4YQU\$JYA]K",D'M'5@0E>,<%]:15J
M"14\<SLDD=*:@"0`FW3-)C7[2HW>[2LDD<E-0!*`3:ZN;+83]"M7H\;*[;Y"
MTJHKT(VV0LJH3Q*`R8EM.6$$D=&'U*@A)PZ-;M@A:9PK,0%)`#:Y``N<248W
M?+<4FD7FMQ!)$:Y`.:)1#K)^@8;)SO,X#(Q.U"PLB)@ZA1--&45*BG!)RB!G
M)*%_&I)"4Q*RQOD282*2(ER!\D1#`5RM^J80:)GPEYB?Y;R:1140J]67(X)P
M!<KR9A2@([(<V*>)0!:613NKX78)XSS`S:'Z\%Q*SA&166&N7#F=H9PVE+9.
MFKN)AD(6*M>B#%4)W$6I<W/,KZ0(UZ2,T-!$ZXD^R;(9AQ'/PDX0-^VJEUB(
MI`A7H-QP1@&:Y;V.(I:J%9B(%`3A"I0!SBA`?V0YF.@H9&%=5OI2S/.4",IY
MF&X[R4@B-"_[7+ER3T,Y[2@T5Z9\HJ.0A<JG^SP1Q*;U^4D0ILGGQMT[0P=;
MUXL5S]!.L\;.32Q$4H3//&'8I)=]-.P[G:195`$>-R*2<K@"2#6IQ[!V!5MK
M'^]LNXSN?&1A'80PK03;FI-\LSNP-IK4*>;ZE*G>[A<?/=?H%_.^6;/&?"06
M(BG"%<R[MX^^?*]&R*(*3$3J2!,YF'!AVB63+FP^7ZD'3ZBH=F%_^G0W2*O)
M*X@F3>CDSCSTTH0C;V+S!MBW'-E")$5XC911&EU",X0^>J]&Q&UUZYJ(]`G"
M%<P[LC_AR'%D7`5WFM4[\O0S%B-M++?5YQ/.-U$C98(SF4*/9.?3)C;OD7UD
MZ?-^6D+"2/[R1B_=\F2HWIS.;MCTI\CL*<TB9YV%2(JPB@;SWMP-W[V=URRJ
MP/)FRN$*E+W>KE6`[GNG5IHU7RM&NE4K1@H"\_:22^>VW5M!,&77D=E>FD63
MAL>-B*0</O.\70?OLFO-&N=++$12A"O@=CVLW;;IE?F@$U"3CFX\#3/2"MYY
M=!]^6R(9*5B%&X/%%7/C-M\A!!,&'D?F<Z-FT9R9EBXIARM0OCK3ZFB[=PP\
M(.:,!FXADB)<`3?PH6JV<4<K:^E(PG/L9MDHZ6;9D-0ED<OCOCW(L_W:;BKJ
MUC?54=)-=4BRU843;@WOEWN5W;#EUF;S:Q9I(`N1%&'Y">?=NAN^Z]::1158
M;DTY7`%WZV'M$RX=1^;S*.Q:J+LS?+L:K&/C;,5NYJ1HDJ3V/X8G:=2'VQGX
M`K_,ZV.>Y.=SXV35ZP5>>?A0I0$=ME$^=KLH!KZ#[95NB\(;!F#3XYH>\]_3
M^EA<&N><'R#D<J'V%FK<'\$?;77MM@U>JA:V.[JO)]C'RN$U_G(!Y$-5M?T/
MM0,S[(P]_P<``/__`P!02P,$%``&``@````A`'[,;7L0!0``D1$``!D```!X
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MXJF\EMUWZ=3WJF+[]5R+)G^Z0MS?V#POR+=\&;FORJ(1K3AU$W`7**+CF#?!
M)@!/A]VQA`@P[5[#3WO_D6TSMO:#PTXFZ)^2WUOC?Z^]B/LO37G\K:PY9!OJ
MA!5X$N(95;\>$0+C8&2=R0K\T7A'?LI?KMV?XOXK+\^7#LJ]0)-"7.%+\->K
M2NP!"#W_)I_W\MA=]OYL.5FLPAF;+GSOB;==5J*M[Q4O;2>J?Y42ZUTI)]/>
M"3Q[)RR<K!>+^7*]`B_O6,YZ2WCVEHL)FX=+_/@[9O/>#)Z?_"#XE?'"\S,?
M7/9F\*0/&FD:,PU4FF5YDKS+#[M&W#WH>4AD>\MQ!;$M..OKTL>J*P4-4Z#V
M(ZI+(ZA!"^CK@6TVJUWP"K4O>J5(*<'2'91LC9@TL/[H-W&!U`4R`PB`NPX`
M:OR9`%#=#F"ZL<E%2L6D/[4U8M+0]`D8(IZ%MDU**F23*0#"TEDR$FF%",WH
MAC@+=4E0"JO$\,/6Z[7]]4@IS>4JP83'+I"X0.H"F0%8]*#IWZ&'TKT/P>HP
MH6-<>DII)1MJSMQT*^E`/C'5%^'2CC5UU3-3?1D.A;&B@`5H1$']CNB(O=LP
M2FFNEL-L9M.)24J%3PC`U3-E+GN2DGI&`*H_L&&M6>QAZ;[!'E&'_7K#;'Z1
M4AJR&[M`X@*I"V0&8-%:6;3D[F)T+DI_V+E*R:#G`HD+I"Z0&8!%#T\7SN9G
MT$.IG3TX-`S=(S>N2"FIVB_G3FYCDE(Q$P*PF.N%TRHI24D],P"+^,8B3LV*
MZ(BP0RE22HKP`UL,_23CB4E,%!("9/O-9HY^2F+2SPS`HLS@S&`DFSA+>$3:
MV0&B7JM?8G.[@V,M)1*)1I`U<].LI:2?F8C-&L?.T"*:M9I&YJX&O>%\)V)*
M2[%>.;M&K*7$(M&(S/7&24*JQ620F8A-&X?+&[35S'%H.^F,F-+J6V2V<+--
M8J*16`;,702I%I-!9B(V;YPQ`V]WPV!J!)G\WQ@FO=;_-8LQQOJS!R&R6499
M)^G`WD!L]CAH!O:Z6=3\<5@[[1`Q&ENR^,P1QUI,-!*-2(,1;7)'^IG6!\2F
MC1-FH*W.@*L)''EU!&H&F1&LW#D7P7$>MQ]J&V??B7LQKK3A)#!UM!++R6A_
M_)"/3/L8!8ICR@G4V.^9FF)FE+"HG?:/>BUU5AD=/N)>/,RKQ#(8C8AT9)"9
MB%THG&,#?UT=-=Y@,Z!:1VP$Q6,H&4/I&,HLR.:#XVG@\^/+@QIG9H*9VP$1
MW$*QC7"+T'V"EW5W%])J%'0R6!*4CB&\Y?;^=7NH6ZNZ%E6\.?.87Z^M5XB7
M&BC@,M"HNBU'>%O&;+OX=`MW@S&>3+=P_A_CCVP%CE9O2"`-="$/]$?@GGS+
MS_SWO#F7=>M=^0GHA1.\TC;J2JU>.G&35YPGT<$-6?Y[@9\^.)S[PPDHGX3H
MZ`63H'],.?P'``#__P,`4$L#!!0`!@`(````(0"?]AWD"04``%P2```9````
M>&PO=V]R:W-H965T<R]S:&5E=#8W+GAM;)186V^K1A!^K]3_@'@_AL4VOLCV
M43"D/5(K5=4Y[3/!:QL%6`M(G//O.[O#97<6)>E+B+^9';ZY[`?+[NM;63BO
MO&YR4>U=-O-=AU>9..759>_^^/[X9>TZ39M6I[00%=^[/WGC?CW\^LON+NKG
MYLIYZT"$JMF[U[:];3VOR:Z\3)N9N/$*+&=1EVD+/^N+U]QJGI[4HK+P`M\/
MO3+-*Q<C;.O/Q!#G<Y[Q6&0O):]:#%+S(FV!?W/-;TT?K<P^$ZY,Z^>7VY=,
ME#<(\907>?M3!76=,MM^NU2B3I\*R/N-+=*LCZU^6.'+/*M%(\[M#,)Y2-3.
M>>-M/(ATV)URR$"6W:GY>>\^L&T2S%WOL%,%^B?G]T;[WVFNXOY;G9_^R"L.
MU88^R0X\"?$L7;^=)`2+/6OUH^K`7[5SXN?TI6C_%O??>7ZYMM#NI5R2B0+N
M!'^=,I<S`*FG;^IZST_M=>_.P]ERY<]9L'2=)]ZTC[E<ZSK92].*\E]T8ETH
M#!)T0>`Z$>2=A?-N(5R[A8S-5LS?S%=P]W<6+KJ%</U_=X2P*E^X?NJ.'M9+
MU3E.V_2PJ\7=@>&%BC2W5&X%MH5@JL#^$CJ=2>N#-"LG*%X#Z.N!;=:;G?<*
M3<LZIPB=8,\-3H'I<>P]9.-DW+@'QB5SWUR3]"YR/H#LP!BZHS'NB4K4)!I0
MFNBR5BV7)(X4B"F0:(#!`1JM<5!5F_M#T:05!E"K!UNOUV9Z$3HM1C84B"F0
M:(#!!J:'LF&K&0Q^7QSIL'<AF:%!;+,A]8[0:85-9D$X-PD?T<Y@#X]1`F8Z
MQ4:011`N3'OR01`C+1C']].2#E9:A%&$3J%*:Q$&).LCFC_(2H^Q#N=DNI,/
M8AA)A492?8,D:F5";A.ATT)ELE[21'KKL,40P,19,%^23FC^!L'5)$&)6@3)
MA$3HU!$,*<'>.A!$H"/HKRE!S=\@*)_M1+$6XZA+JT643&&$3MK>HT!,@40#
M##8;FXVF!-+ZH1*@D\:&`C$%$@TPV,@YUHK3CY>"K:J0@D>=%_:/=F\P#NVS
MD$1'3%I2R\>>#;10XC_0)89>."?!QK>8H7VL7]RM&)%$1TQF4N$GF*'P$V94
M6AAZ8<$FB/7FL6042880X&,2DV(_00R?`80850K6/RG4`]NN6&\>B5$D&4)8
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M:&0@83@[X&%0G@PB&SK:4&Q#B0&9-Y<2.TX1GK1`D_!T.!QNAW=V.%9;>D5?
MMZ/.23Y%1@79!$35CJ/;V$\,#RM[2![D51T4A-SQ8(X'QI+7%W[D1=$XF7BI
MX'YR=@84/PA$;`O'*@A)\%A^*)C`'X(`#%,6R*W_MN`-P>#(?TLO_,^TON15
MXQ3\##3\F3QEU_AU`'^TXJ8.@T^BA<.^^O<*7W$X]-:?@?-9B+;_`62]X;O0
MX3\```#__P,`4$L#!!0`!@`(````(0#F?>U;E@0``(@1```9````>&PO=V]R
M:W-H965T<R]S:&5E=#8V+GAM;)18VV[C-A!]+]!_$/0>ZV;)%]A>K$VD7:`%
MBJ*[?99EVA9BB8:DQ-F_[Y`C2QQ2D=,\)/;P:.9P#GDH9O7EO;@X;[RJ<U&N
MW6#BNPXO,W'(R]/:_?[/\]/<=>HF+0_I191\[?[DM?ME\^LOJYNH7NHSYXT#
M&<IZ[9Z;YKKTO#H[\R*M)^+*2Q@YBJI(&_A:G;SZ6O'TH!XJ+E[H^XE7I'GI
M8H9E]9D<XGC,,\Y$]EKPLL$D%;^D#?"OS_FUOF<KLL^D*]+JY?7ZE(GB"BGV
M^25O?JJDKE-DRV^G4E3I_@+S?@^F:7;/K;Y8Z8L\JT0MCLT$TGE(U)[SPEMX
MD&FS.N0P`]EVI^+'M?LU6+(P=KW-2C7H1\YOM?;9J<_B]EN5'_[(2P[=!IVD
M`GLA7B3TVT&&X&'/>OI9*?!7Y1SX,7V]-'^+V^\\/YT;D%O5R\0%*L%OI\CE
M&H"II^_J[RT_-.>U&R63>.9'`=!S]KQNGG/YK.MDKW4CBG\1%,CJ79*P31(!
MS78\_-])IFT2^'M/$GTVB8>S4MU@:9-N5I6X.;#$@'=]3>6"#9:06+9A%H,<
MF1S\*D<5!L(U1-\VP6(>K;PWZ&S6@K8V**2(G8V(?`IA-F0QZR`>D.T80R]-
MQI'?,9:C:Q=^ZXRG728UK2V"IDHB.<^=&6!:@!0'`4>*RU%8'WKQ^7QN%$>0
M5MP,,"U`BH,^(\7E*)UY8I9&R$P).4VFOOJA]'8Z)IXCQ!0+,6H*A"!LB!&"
M<I02A,44T_);!&G=,0-,"Y#BR6AQ.?I0&@1IQ<T`TP*D^&RTN!RE,[>D04B"
MTL!9(']H:W8Z)`F&(`PAMC#RU.IW^7UWRRBE%<P7`:VZ19#6$S/`M`#IR8(4
M5=:B;50Y^E`0!&G%S0#3`J1X`">"-F6SNAJF<[<D:3&H2>PG0QW?$5`R'9:%
M@.9Q9&2BQ*43]EI9Q-$H#8-+#-$"1&F-LR),CU`&TOQ&&*`W/G"Y0'-09;H[
M*\+T"&4@'7"$`1JDW@-;/,0\$$\'?2@>@NQ-%4@;[%G>=Y4*TZ45+&+C2-RV
M*%TAS555QYB.H?V1'MA7MM8(6B3P[@]!^QR"MQVY`W4&9H3I&,I`&F'/H)L[
M^B-1QCQ\`\2@,D]Q9.Z&=K405+(8/*P8S14ET_;`ZK8#)2WML2=MM0W=4R</
MPEEO.YK'ME3-"`NT"&4@O7*$`5KI(^$TPVT9F!$6:!'*0!IFSZ`3#GU4GWN<
M6%-'T"/E".I#Y1!E[ZJ0&O>=H`K3714GYM)J05-UBIK'Y]@@ZP;EG8&\;5([
M[NC8-FRS0<R#=H4$]5&[6M1`NT`R34]S38=RV&R;^<[5@I#H\#%'(#/C_$*W
M:B$#%*6!VDLN1%_5EQR\#_8O_2KKMD4AM\'3=?<8PEK(`+=A#P_1BPUNYNMT
MB_I@N=WM7-Z:C+7(NB>MY3;N[/+*:<EIM0Q!^)H_J-6NS8,0TS-;.;7#`'<$
MWJ7Q]GA-3_S/M#KE9>U<^!'.&7\"]T:GPILT?FG$55T>]Z*!B['Z>(;_>'"X
M<?D3`!^%:.Y?9".Z_Z%L_@,``/__`P!02P,$%``&``@````A`&+@I51R"P``
M2#@``!D```!X;"]W;W)K<VAE971S+W-H965T-C4N>&ULE%O;;N,X$GU?8/_!
M\'O'UM47)!F,*/;N`+/`8K$S^^PX2F*T;06VN]/S]TNJBI>JHJWNEW:GZK!T
MBBSRE&7I_I?OA_WD6W<Z[_KCPS2[FT\GW7';/^^.KP_3/_[[^=-R.CE?-L?G
MS;X_=@_3O[KS])?'O__M_J,_?3F_==UE8B(<SP_3M\OE?3V;G;=OW6%SONO?
MNZ/QO/2GP^9B_CR]SL[OIV[S/`PZ[&?Y?%[/#IO=<0H1UJ<?B=&_O.RV7=MO
MOQZZXP6"G+K]YF+XG]]V[V<7[;#]D7"'S>G+U_=/V_[P;D(\[?:[RU]#T.GD
ML%W_]GKL3YNGO<G[>U9NMB[V\(<(?]AM3_VY?[G<F7`S("IS7LU6,Q/I\?YY
M9S*PTSXY=2\/TU^SM5[DT]GC_3!!?^ZZCW/T_\GYK?_XQVGW_/ONV)G9-NMD
M5^"I[[]8Z&_/UF0&S\3HS\,*_/LT>>Y>-E_WE__T'__L=J]O%[/<E1VR[??F
M2N;?R6%G:\"DOOD^?'[LGB]O#].BOJL6\R++J^GDJ3M?/N_LV.ED^_5\Z0__
M`U"&H2!(CD',9R+(C8$%#C2?.+`,%[\QKL1QYO/G+FAR&M(UGS]RP1G,UC#+
M[>:R>;P_]1\34[IF/L[O&[L1LK6)A=.+<^0GW*S[UJ)_M?!AD)G*L[%^>\Q6
M=7X_^V:6<(N@!D!F!P8012B'L,MHX[;<H"/#S%#U?,W*_`Q?"Z=\\Q7ET@`D
M9LOR40[AV3I#2+"8TZC:06QMQ_Q-@?P,?PNW_-VE&S#$;,T"%/3BRH'<J-89
M`F$SJJ2CM`-QRJ8V?X:RA1/*8&"4V<65`WG*SD`HLT2U`W'*II(YY6+NB]AZ
MS?$0U^=RN:2ST0"H]#.ON*'E!AT9R)K7A(W;2M;Z,#5UXG=)5?#:!$PY;+0B
MJRA%Y;Q^SIS![LM\Q8)IY^63M2#TX`A8W)E3TS&U`,K45`\CTP`(J&;E@E$%
M;V:.?Y]MEF<4U)(02[ZC1D*0&3?%=F/]K9?G(XX%`)D""X17?)<K!_(KX`QD
M%,M3.Q!?B)5DG9&%L`!*O"KY.@!F`6=SEHNS`?QT)9;SFBT%B5+FXJP8BT)6
MPUZ,+P=-;$#0S+*,35N#H'I(K:QS5B`*_?8CK)E,C819U@4[[?5H&)J;%2HN
MH&31,I"R>*-G)>/>(`ARRZKEDIUT"@&CR<'%($Z>+U=L8?5H')J=E;&0G3L0
M,E`WDM*J9I=J$`5'PK)B*2OO]IL'+3@)><%*6\<C*$TK70F:H&B,)CN:F@Q0
M2+,6-)T[T`0+TIPO!<UH!*5IY2K03)RT&0@:8\RE"5'NK*5;5Z&75PI+NR5!
M\KE(`IA<CT(SL](7,O-U`HH8IU/Q.FA,-V]/-<CF4\X;`^\.\T\&5(*Y<_/C
M-;,"F"`)NAB3K-ED-<-0QS'C;N7=@:,3VT&*<Q9/QP/H1%J52W`$\8LY&@EF
M`M]D3D`=#24LK;#HV$*Y6)T*7(9RC;JH#&3,%'MTVHHV"E%1'R4LK;#HV$(Y
M6>$)G'RA@1[%\R.;J0Q`4&@%VU3*>]WDM=YBUY`?R-I[>9GEHVHW()C:R88*
M4;C+.5WTTOTI.BH2(V<'M!Z+068^3PA=5`V#F^<DFBI$T:YJP8]<C_)+X2U1
MK:T6K$'0'B66Q!1&5#6)@S>W"$I?ME8(PH-_4;%=K=!/UT0V("1,E:]8^GHT
M#%T7JS9A1Z1R`SV*-X=LKG(G6K;8:]XV*'2/I@918(:*)5]_/1J&IC:JEWE"
M+T5OA2`@E9<5;ZW0/YH;7`O"K+*,G;YZ-`S-S:I46#9WD-E[5:P.S4'/-FZ#
M*#@:6/DH[PR[QRFB75L&US&<,DS+92[ETC!D6Z%!U!6&3AP#0V=),G1.L:VI
M6*9*/ZF;["QM<J>;B:LK=/+J8`FWMV+HT1ATXJGN^M(`O8VWL6RF<@!=F7?G
M#//N+(G,M8\EYCTMPKD485D7L0:+[Z88(30+K;=8@EG&OZMY-Z=HE"FUO08S
M/>:SU8)%;1`5:"AA:85%QQ:RGL5MY1S<H[>C$!5S@J]ZP=(*C(XME!-51%=C
M14(&Q4TI!$&-K=AF4M[KB\Q;AC7DQZ;WBB4<%;8B(6RRCT(4T&7;5J&3[F[1
M1I$0&?N&HL=BT(E/:)JI'+\`"4%;<1EM"D"9?T/KO5IP7?.HL!+)<2(?AQ(K
M0C4K<=X64KYD&X4@;*,*OOT4^NF:R#:*AIGS]/5H&+HN5F2"'J=R`QF*SU_9
M1A5.JVRM+WF/H-`]FEH<)><-BQZ-0C,;5<DBH9*BBT(0=E'9BC7?"OVCJ<&U
MW.*+[R2C86AN5K_"JOE=!+)&EDIV4<4-\5/>&3;/#;B.X91A6BL+J96)+@I1
M:37WSL`P%E?>Y\5PPK"D4IFH_`'!5;-F!W^#J#19=/+J8,=Q>RN&'HU!TZ*J
MZTJC!-6,2T-V40BZDHK0W5MP[9W\-"VMULK:'<QTLD47A1C@)PX9[_6%X2U)
M!?9>P9`JL)_"E.PNV&VXI@14:$^4L+3"HF,+74XK2F&VABJ-=+,$S3+7#(HH
M?]-#5,PITCKX)5I@=&RAG*@>^OE)B*!HHDH`P1(R!5;>&58PAK.IUC&<$AP5
MM3(A:K*%0A20Y6T&.NG6%BT4"<'RU6,A:%()/8LK(2%FLH,J`656/]3+:L&^
M9RN/"NN0',>.,1V/H]RI7J7.6BE=LH,J8RG*"K$BX*8K(ALH$H7KO4;O]2`T
M,2ISJ<02BB=^XBMC!>,*H]![G1+NX#@(_SU!CP8A>56CXC@@Z'DM?]Y#$&R@
M?,Y[)W2/)4:BB)]D1X/0Q-+R6$EY3-Q_0A2DPQH-Y9U^TWB+E1\&U][)U:=*
MZ^-@9O,M[S\AZ@I#&]G^FA,8.DN2H7,*AE0?$T5?I:22UW6#J"MD(02O#7;D
MM+=B:'1>CT%+@TJMD[4*I-),AC\R9>>$H"NI"+&]!=?>*>8]K;N5U%W1.2$&
M^#$=5=X9ZB*675&YSBGX4=GU$YC2V@5OHRM`A>)4PM(*BXXM=#%OJV4%>C;2
M-R$JYN1T,$P5M^AX%.5$5=#/3T+Z1-]4$>GC7:?R[L"+#%BQ>WTZ'D!)CBI:
ME5`TV3LA"BI._&J@T$VWINB>:)""]2EZ+`A)K$Y(6M0_#6Y^OHH[4(AB_1.[
MMZ<\RJ^&MX1#)%N)1[T\BN^LFJI6XL0=$)2^[)\0!#<AEG.AQ^BGBR(;*!)F
ML:R9K.O1,'1=K,RP;SCT*:D:A"@^@>4=*`1!;L6\8$*AT#^:&UP+PI25N$\S
M&H;F-JJ4=4(I>4_:(`AO'F5S\2,^`D:3@XMAG+Q8LDG2HW%H=FG!K*5@)GHI
M1,'Y()^2\NZPA2"L)\]43,<C*,VT;-92-A.WHA"%-,534MX=:$)8I"F?DHI'
M4)I4/5-[/"6DHJNJG9`.-SW85TZ%7EXIK!!:$D0^)34:A69&M=CI7@W*&6]K
MV5@A".9?/B7EW6'^G1[;]#^)IZ3B`91D6IQK*<ZBN4(,/'O*#W6%WM!$M`3/
M'SG0,9XRI,KLIQ'DV#S@Z.:@J85)25,K39J8R,47:?6\^L+$@*=Z)!Y\;A!D
MGV_TO;611:8G*L!<AJTT:6*BW!/J:93_.O?$ET&A@LT"4(P\%PP58(&\'^E,
MFJ`H>2M(7![-&0,OU\@W5<Q+2>))BN6<[>\&48S\DG6)*L`<TU::['M0]I(F
MF$$!>7BO"=ZX.72GUTYU^_UYLNV_'LU*FUI]O/=F?*&J7JUM_9D0S&/*Q+QK
M-;PN)3SV+:RA\(4G=^]G<8\9DAR1K]60`,<7:U6D6)5K\_*&9-N:"Z?BM,5:
MI^*TY5H/<6;^PN;UKO?-:_>OS>EU=SQ/]MV+F;/YW<*L^@G>!(,_+OV[?>%D
M\M1?S(M=PW_?S!M[G7FQ:'YGP"]]?W%_V)7Q[P`^_A\``/__`P!02P,$%``&
M``@````A``IL,.>C!```>!```!D```!X;"]W;W)K<VAE971S+W-H965T-C0N
M>&ULE)A9CZ,X$(#?5]K_@'CO$)-`#B49=;AVI%UIM=KCF29.@AIP!'1GYM]O
MV<9@EUM]O`R=SU7ENGS-[MN/NG)>:=N5K-F[9#9W'=H4[%0VE[W[S]_IP]IU
MNCYO3GG%&KIW?]+._7;X]9?=G;7/W972W@$+3;=WKWU_VWI>5UQIG7<S=J,-
MC)Q96^<]_&PO7G=K:7X22G7E^?-YZ-5YV;C2PK;]C`UV/I<%C5GQ4M.FET9:
M6N4]^-]=RUNGK-7%9\S5>?O\<GLH6'T#$T]E5?8_A5'7J8OM]TO#VORI@KA_
MD&5>*-OBAV6^+HN6=>S<S\"<)QVU8]YX&P\L'7:G$B+@:7=:>MZ[CV2;D<#U
M#CN1H']+>N^TOYWNRNY96YY^+QL*V88Z\0H\,?;,1;^?.`)ES]).107^;)T3
M/><O5?\7N_]&R\NUAW*+^0I6P4SPKU.7O`<@]/R'^-[+4W_=NXMP%JSF"^('
MKO-$NSXMN:[K%"]=S^K_I!#ALX]&_,$(?`<CQ)^M@V`9KE=@Y1W-Q:`)WT$S
MG)'E/.23OZ.V'-3@^\4)P:Z(%[Y?F3`<U.`[3;CT@]5:Y.D=5U>#)GS'"5=D
MOEF\G1E/UD?4-<[[_+!KV=V!Q0(5Z&XY7WID"[:&@@Y)&DL,G59PZ4<N+I2@
M>!W0UP/9!.'.>X6F*0:AHQ2"-3\)F1*1DN#5YG9C#!(,4@PR#7@0S!@1=,M7
M(N+B9D3^QO3V*$7T>'Q3(E(28SP*3"E8S$V=1(DHG52!26>S,G4R)0(Z1LS0
MYSCFQ7PL&A^%!:C78[U>FZ:/4F@I%B`O281!C$&"08I!I@'#7UA@FK^JN3C=
MNQ#CU#>;`*7@*(56LO<6"S.*2(Y.4<2&.$'&$BR>ZN(!JEBF21O1P*)_(QI.
MK6APUJ70Y&^$08Q!@D&*0:8!PT_8930_Q5K7NH2/?M@E4DCS%X,8@P2#%(-,
M`X:_L!]I_JHNX=3**RKL40HM19>L4!TC-:A67JP`W\\>T-I.U*"23A40TB0@
M9@MF:ABO47X'FG9:%0VG5C1X`Y)"6M8QB#%(,$@QR#1@9'UC^(F[A(]^V"52
M2/,7@QB#!(,4@TP#AK\$;C%O)%9@*[.X3P8IV2AA8)8R&D=5[>.1B.+CSDK&
M8:60CD2<E4LT?S8.XVXA_'BSVT5@'%6(&OPX2&D%L$ALD<0BJ44RG9A5X$?3
MY"]N&R)/+C@/IKW=/H,&*=UOJ3>1V)))+)):)-.)Z3<_HI#?9#6#BZ):H40>
M8A\<2X.4/)?P'A(-H[S:4_P^VCEBPP99HUT@^921U#`2+,V.SCZR8>:&'WA3
M;L:$R',06D%U^9%8*+)1;*/$1JF-,@.9+O*S;G+QX_NK/!N-8N(Z'.%%PS<Y
MWC-3M38A*E<TB:D\Q#9*;)3:B#_:ABG'C4`^PN1EO:;MA4:TJCJG8"\->!5"
M?XY4/OZ._/'':X*YOX4+JLUC?PN74)NG_A8NFC9_)$N80"Q%/`,)U+O3&X?@
M.7C++_2/O+V43>=4]`QNSV?\?=+*EZ/\T;.;N'\_L1X>@N+/*[SP*=Q!YS,0
M/C/6JQ_@E#?^G\'A?P```/__`P!02P,$%``&``@````A`,Z9$*LX`P``LPD`
M`!D```!X;"]W;W)K<VAE971S+W-H965T-30N>&ULE%;;CILP$'VOU']`?E\N
M"80D2K+:9+5MI5:JJEZ>'3#!6L`(>S>[?]^Q#8EM4'?[PF7F^)R9\3!F<_M2
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MR_]AF?<L<!]89OYLF43)XNU8`IV7JL<]%GBWZ=C9@R:#R'F+9<M&:V"6A9B'
ML"&9=-Y)K\*`F8/U>1>EJW@3/$-MLQZTGP#9B,.`D%L"NA=Q*(@A/HA*JRTZ
M6]F$^PF(C3B,$?/P`K&"@*PG@I!6*`7RS,R3"X,JSUZ#5)\JP\$P6!KQI(:T
M;A%$:FHL'`T-2E7QDS"\)J$5+??"<%OZT*L3.4KK2#]U]#5HH?3CI2&@]4UW
M,C?<EO["TG>[3'I'<2R=.#0H5G',;=_!]%T+9$60_C,"Z1U%X#:=!ND(;MP0
M!J?;XO+$N'Y?0XM+JZ,W*NU>@XSN,@Q6;JM)#6E]LX,UR-`P#)9&!#-V(A%E
M=C))5VX/]RA=NC2)G.V[N-WB1?9T&JJGS"-1MW%[U"#J3*W#Q3T2E:/CNF6J
M6>,$^DXU_%VD)XOUU2Y#)Z5]CS(*:UKLRLJA<=6[Z.A9`E=S.K@3*#(FCOX@
M38NM,SV$X)AU>S%QO[T>HX?0J)":0*6J!?6QJX^9%I_(-]R=:,.]BA202^BG
M,#0Z?>CJ%\%:-?"/3,`9JAY+^#DB<`2%/H`+QL3P(K?K\KNU^PL``/__`P!0
M2P,$%``&``@````A`%Z&TJ%%#0``'T,``!D```!X;"]W;W)K<VAE971S+W-H
M965T-34N>&ULC%S;;B/)#7T/D'\0]+Z6^BX9MA?;=4D")$`0Y/*LD=NVL);:
MD#0[NW^?JB:[ND@6I'X9CP]91V1=>%@M2T\__W[\7/S6G2^'_O2\S![6RT5W
MVO>OA]/[\_(__[8_;9:+RW5W>MU]]J?N>?E'=UG^_/+G/SW]Z,^_7CZZ[KIP
M#*?+\_+C>OUZ7*TN^X_NN+L\]%_=R5G>^O-Q=W6_GM]7EZ]SMWL=!AT_5_EZ
M7:^.N\-I"0R/YSD<_=O;8=_I?O_]V)VN0'+N/G=7%__EX_!U&=F.^SETQ]WY
MU^]?/^W[XY>C^';X/%S_&$B7B^/^\6_OI_Z\^_;I\OX]*W?[D7OX1=`?#_MS
M?^G?K@^.;@6!RIRWJ^W*,;T\O1Y<!G[:%^?N[7GY2_9H-^OEZN5IF*#_'KH?
ME^C_B\M'_^,OY\/KWP^GSLVV6R>_`M_Z_E?O^K=7#[G!*S':#BOPS_/BM7O;
M??^\_JO_\=?N\/YQ=<M=^2'[_M.]DOMW<3SX/>!2W_T^_/QQ>+U^/"^+^J%J
MUD665\O%M^YRM0<_=KG8?[]<^^/_P"E#*B#)D<3]1)(\>]A455EO&L=R8V2!
M(]U/'+EYR,IU[5_\QK`2A[F?XPOF#TVVWA9W7L_1#NFZGSBPF?-Z-0YS/W%8
MD=T8MX))'A9'[ZZ[EZ=S_V/A=KR;QLO7SI^?[-%Q^54I*[<[]M[XB[<./@Z^
M./2WEVRSSI]6O[F%WJ-3"T[NG`8GYJ%&#[_8GE>/P#2D6%-6,[J,8^P(3&.V
M31BS<NF$G-RB1SF-N7B4YI)OP_@AK!9<-L-.\G$J#F@.&`[8""!!N?V4",JC
M;H-'<Y<UVXJ%!4[E%!8'-`<,!VP$D+#<?DV$Y='GI4LE+&E1L*#`I1DVA3M3
MU*K`.H6L8_=L7674WW!_2_SS?!/\2?3NT"2B]RB-OF2[JP67<H@^+^O`/NP#
M-5K'O:<!J.$$..&@_H;[VP@@\;H3%L4[G+9B[5CAM'DKC=N=-C[OX#3-K.*`
MYH#A@(T`$EY#PAO#\NC=/0I.45@<T!PP'+`10,+R+<!4H\:P/"IFJZ0KTX(3
M+-RFSMAD*C!/4>O8W^E-S?:UX0-L!)"8M\F8/2IB9J_1@A/$7-4YCQG,4<RQ
M?U-OF;_A_C8"2,B9T_1HGH?=F34/3OC&*1\\:/SYAH>/3G"VLHR=%85F_R,4
MERQG]4!3DIR1F%DD-I"X<TPS]5HR[:A4IJ`V-RM@!CYC$:$[3Z&5YKE9LU*C
M"4G)UVX>B0TD(E&O1K<3!;V*$ZTG6059S,`'$V5KH=#*$V4DFI`4S&KFD=A`
M(A+U^L82C2IK!O)'LIPD!;,<)=*W.8W(<K0&34!.G!6V@4VPCOXV1NAN]%K'
M8F?G#M0P#E\H6C9*Z-"E\29-H9FO$IL$S5B8V<QCL8%%+),71I9JO$R@FW&>
M3@%YE^9N#;Z*3A50"40+Q`C$Q@A=$*^/4Y2A^H%LNHTP%2[9K&61N$(W(1`M
M$",0&R,T.B^3B>A`/=G<<3W,P`L[F3(K6#U2Z#!-KB9#\JPIQ*:(='O(V,8D
M-'8OEXG80459[$)8P`MB;\J*[0N515H\Q*$1@1';7'2=8H2-$1JY5\TI\I1D
M@*[&223$<11??TI%`F"D9U1*8TS!Y=5D<S@L>@VK3-+,[_8`@P?M`<3=`'V@
M-):L-"JTTC2E,A*2BBOC/!(;2'@ERN^V`(,'3;3FQPE](-$J8R=#H9EERM=,
M$Y:Z8BQF'HL-+")5MR5O;]W<>[!4F4*WZ`.I%GSKHI5ENF8DFI"(XSB/Q`82
MD:C7:'9&(W7)0<+C`UJSN6[1![/D\2LTLS0SML,U9<G9+)A@=@E`P8P1>A[O
M]@;YC-X`?::BK@2B`^(K$RN]!HTL[S6;/1LXQ,K<UGW_;(WMOVR3L:=(+7K%
M6?!.0`L?(Q`;(W2RT[J?S])]](JCXYV`%CY&(#9&:'1IW<]GZ3YZ8:%JV(95
MP3SN2(T(-@H%OQ,8,<+&"`T\+?KY+-%'+P@\;T3=$9I/!I2E.'M\@`T#Q*;U
M4LK*">W+<Q#;N*)(+21RS2Z)2,#/%6O*-+K!)+"U,_,X;.#@:;H*>2?-P>..
M/*!/,D2%1IXF6QM]B\/,X["!0Z1)!7]LZ@MYT7>EAW4;+7I%AUL@6B!&(#9&
MR!DIJ$:'Z$"8[UPYAL'D0B00+1`C$!LC-#HJK"$Z*:CNNL9[I`*\H)+4:RX:
M"NW3W&HRHMF(MP;$"!LC-'*JGR%R*9HN<J9Z;0%>6`.W&UY\T!Y''H_(&WY)
M-V*$C1$:>4(R:?4II&K*"P<Z33$J@>B`)"XE!HWT[/)+B0T4XMA134W<FPJ0
MR9M%%'VPNK#RJ-!*0Y07"DK"%M/,([&!1"1*Y3F5J%1J+JMM`3Z8*#M*"JT\
M45%'"8E(%*QW2&R(1"1*Y7Q(U%7=<+2DK(LNNQA%>'A6Q?H\A586H&BR*0FK
MV"987?C08\<(/6E4YT,B4MR=,K`E:8M1WL?740+1`C$"L3%"HBNI/(_1#?#=
M=V70*SK]`M$",0*Q,4*C2ZMJF5)5H0SHA<I0\X9?H7V*7I,16;&.WA<<%MF(
M(39&:.AIR2U!<N-RE)`&](+0RUJ(&MKCT($71C1YR>Y.1HRP,4(CIW*<*#6E
M5&8I#>@TQ:@$H@/B3RH[J`:-]*`*:0@4O)"45)M3:4B9%OWUP.*;'Q^A>-:$
M5AJBE`9"LF'/_LT\$AM(1*)WI=S]R06_`(MG3>@#B7()1"/+4SQI(AS\<969
M1V(#B<CSKM:74NN%!*(/+BC3-H56EBA_4*,)R9;-EIE'8@.)2-1+Z'0S##49
ME)66CHQWE>6HSHYU*%I*(%H@1B`V1FAYH`(=H@/1=97AUML7Y2C-4W0<T<+'
M",3&"(TNK;9E2FVE8H`7%-&BVO(&6R'-5-,T(C#$O:$O)8,KN(U)2.Q56HL'
MF-Z/$Y*!7A!(MMWRY[P*':+8R9"\*?CC#R.&V!BAL5.E3E3;2HJV%`UTP@8U
M8\VE0C,]GEP2-"7A1=O,(K&!A)_.RBOM=#I3F8(6QP=5Z,K`,NI*)OX*`\TT
M42DLE$44HGDL-K"(5.]V`I7L!(2RH`^L:96S%E>AF:4JM(6PU`VON?-8;&`1
MJ=[M%BK9+0AQ01_<OGQC*C2S5(6Z$):<5RDSC\4&%I%JHE^(;EA5HEE@W62+
M/I!G(9Y<H)GE*:Y8E*7F3QZ#V24`=ZP8H=7G;FM0R=:`5_<6?7#UQ-\XH)EE
MQ7MS35GXLSXSC\4&%K%ZZ>:@2C8'[)2TZ#5I@!*(%H@1B(T1NA#IYJ":U1R@
M5QR=:`Z$CQ&(C1$:7;HYJ&8U!^@%`EMNZPV;7(4.4_B:#*GR(F/MIA%#;(R0
MV.MT<S#`=YL#],+FH*ZW[$`K=(AB)T/R=5;SZYD88F.$QGZW.:AE<R`D$WWP
M>/)F1:&9'T^V2IJPY/P/YLP\%AM8^/&L[W8'@P==,:$CZ`.IYKQP*C3S5-GN
MTI1%/!*8QV(#BT@UT1U$.E(G6@.V[5KTF;:=$H@.B+^!L]N."<:@$3%"-R%5
M^/'>4DM9=\_AV%2VZ!4'"N,F1`L?(Q`;(S0Z*LHA.A!C-Y6W;E4U>$VQ*(%H
M@1B!V!BAT5%]#=%)44V\0U.#%Q2?C?N38W8D%3I,X6LR)%MO-J58>""=QMB8
MA0:?5LPZI9CB31KT@N"+NJY$\$`S!:+)D+*IQ`4$':8A-D9H[%1/$Y>-&B0R
MOFS(:Q4Z8>D4URHTTWK"NU=-2616$,AM$AM(1#6AVIS*5,JTU`CP@43=`USV
MAG@-9AJCO%:A&["4G,7,8[&!A:?:4"E/I#IX,(U@]Z86?2!(>:U",TM57*L(
MB[Q6S6.Q@46D>E?Y&ZG\0@[1!U>UX*N*9I:JN%81EK)B+&8>BPTL(M6$\D=R
MV'@S6U(NA^B#>8IK%9I9GKP[T)2E9@7+!+-+`*Y5,4*J3Y-0>/HF\>!!LQ+7
M*O2!SW)E_#0I-+.LQ+6*LHAKU3P6BVY#Z:6IIKN#!E3>?0)BG*U60DI"6D)&
M0I9`-![:#T"-<!A\1C1\PC6\+^H_!LJVE_C82XM._F,.4SNQX0_JU>0V)JTE
M9"1D"433H0W$_722G07;RFT#7CP?_M1P<IOR"2-'R$@O2R":#^TI[N>3;#9X
ME]F`%\N'?SQ)36YC\%I"1D*60#2?5)]Q:[O)KL-U?J*>84M`]QMO+%03W*9\
M!&2DER40S2?53=S*1_86[A;`WJEK&VP?6#Y,2=3D-N431HZ0D5Z60"0?]]%Y
M^=#Y1CZ#/ZW++A_VA*U%+[[?V!\[J,EM#%Y+R$C(?^#?%R7'[P9"/O`!?OB,
M^+$[OW>J^_R\+/;]]Y,K24X$7IX"#-\<T#;-H]^YCD)8-LXR?)Y:6+;.LDV-
MV:S'+R+@8[)'-03*<)T]FA1NW3<:I/!?FM*]]J`PC,G57V<9OI1`6&IGJ8=I
M"B;WK05?N_?N'[OS^^%T67QV;VZ&U@^^R)[A"P[@EVO_-7SP_%M_==]7,/SW
MPWT11><^8;Y^<,YO?7\=?_'K$+[:XN7_````__\#`%!+`P04``8`"````"$`
ME*M!Y;L$``"N$0``&0```'AL+W=O<FMS:&5E=',O<VAE970U,BYX;6R,6%%O
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M^I'+2T/^]YJ3NOQ1Y_N_\DH"V[!.>@5V2CWKT&][;8+!@3/ZR:S`W[6WEX?T
MI6C_49<_97X\M;#<<STD4P4@P:=7YKH'H/3TS?R]Y/OVM/:CA\D\GD8BG/O>
M3C;M4Z['^E[VTK2J_(E!HDN%2<(N2033[/SA)%S,Q?SA?I8`9V0J^9JVZ695
MJXL'[0&8S3G5S2:6D%F7,)L#E9EV?M%>$P/F!JRO&Q''LU7P"JQD7=`6@Z"I
MAZ"01R1N1#0=0@*8R3`=*)),IY^&MO)IA(_#>#/3+88L#&-ZZ@DQ,`0HDB"8
M@J/I4+#VPNJ06J#@N86%0;,K%C$PK!G#ZJO1UK4/\QOXBFQ*,20VC"^F-IW4
M2XA@T-!7I,P>6ELY]$Q8Q6'(S$#'L0U-O3>6\&$465LY,A#[8&%C$"&6&%AU
M,<.P%U%[[RXB!A$L8F!86JVO.Z1G4EMY/<XB8@@R:56:4-\-'A]'<;65XP*/
ML<4C!I':B('5)D#S2'$VD<9]E\DNBL!1"\?C<M.3*5`@WMT270S2*:PMF3#O
M#4*%E@1W)8W9H71A4=I%T2)188R%%ZGEX(KCD(IJ`9_#_A_1&$$TQ2A<0BT<
M;UQFQ`=TIHM!4D.[2;GWJK@<?5QIX!P<:=1K#E3M+HJRVBN,/GCIR2"XKCBL
MHE3<8Y4(2L<JL7`\KC%#JZ),O-^JO93H`].2]D10YZU.'=<<X8J.B!?7'!VG
MO;;H>X@Y"KMQ(YW*-<;A%&7C'J=$7#H\8F&<AEQN>DZ-F>]`1TR[&.S4F55S
MPKQ7)P<?UY[0U1X@U3X5NRC2J-3"<;C,V*2&*!MW2.VB*-XMN0FU4ESE9B!5
MF^^1BC%(:BRLHA.3&>Z#YBYPB]5Q\0E=\0%6K=O$MHNB5>(XMU7U%9=4Z;"*
MLG&/52(NV*HFK2[1EIN0R\W`*LH%W?[.#<H,[6D3UD&2,.\M4KGV.,6Z&@3D
M1M:)%?9",^@`M?"6Y7KCX*&BW"/7T9V06#@>UYV!7-2-]\GMM<5H:^2T+'7?
M8!>N^[25>G1CYAL&6+7D>]M%D9:E%E9EQ`7'9M6X[UZNNBB*AX+EMBP\=4?K
M0N%XEU4S=.WC@R,*K5;2CVBM)>BV6<7G,3XJ2UD?92*+HO$R]5+!!2<$\1BL
M^"S?BN76O,HM>P+/=6,/!@<\HL_I47Y/ZV->-5XA#Y!R.HEA']?XWL8OK3J;
M]^%.M?!\-O^>X'<1"0_!Z02"#TJU_1>]TX=?6C;_`P``__\#`%!+`P04``8`
M"````"$`9E\!^`D>``!&FP``&0```'AL+W=O<FMS:&5E=',O<VAE970T,RYX
M;6RDG5M3&TG2AN^_B.\_$-S;T#I+87O#]$EGB3-<,EBVB3'&`<QX]]]O5G=F
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M!]7[WTGGYE:TJ_\`^?N[V\>'IX>OS^])[J`.%.L\/!@>D-*G#U_NJ`:NV?<>
M-U\_[G].1M?#[O[!IP]5`UW<;7X_>?_>>_K^\+M\O/LRO_NYH=:F?G(]\,?#
MPY_.=/+%(7(^`.^BZH'UX]Z7S=>;OWX\GSS\'F_NOGU_INZNRKM]^$$ET?_O
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MJUM`=O-\\^G#X\/O/;JO4@L]_;IQ=^EDY)1Y\N<9O+D=T%WIUIE_=O8?]ZF7
M::)_(OKWIZ3?&GPX^)MN,+=L=!0Q"BU2L7!W!J>;69!;4%A06C"V8&+!U(*9
M!7,+%A8L+5A9L+;@V((3"TXM.+/@W((+"RXMN++@V@,'U/_-(*#Q_:9!X.S=
M()#>.Q*@HZ)E.EPLQ"6S(+>@L*"T8&S!Q(*I!3,+YA8L+%A:L+)@;<&Q!2<6
MG%IP9L&Y!1<67%IP9<&U!X(.IUN/W^%R<3M,29UW<;?:_;`CCVJ;I$[JW*6;
M`LF`Y$`*("60,9`)D"F0&9`YD`60)9`5D#608R`G0$Z!G`$Y!W(!Y!+(%9!K
MGP0]3O<>O\=YGG_O\I_G[W>W?QX]5)F[C`1G3K<$&C\ZSQ_V[%BHK;I.0^X&
MW78W'#`I2[6;V2*K256TN`W;[=`M;XQDQBB`E$#&0"9`ID!F0.9`%D"60%9`
MUD".@9P`.05R!N0<R`602R!70*Y]$HP8ZM6WC!AG7HT8Z:^CFK1Z3<>G;.,-
M!29]G4YR1$6-^K0(:,99<M@;AB.F;*PD@C&0"9`ID!F0.9`%D"60%9`UD&,@
M)T!.@9P!.0=R`>2R)I2%2OM<`;GV23`::'D`HZ'5?N]2QMC\X<S#T5"38*Z@
M/C0S2LI^W@AA/QJF7M_W#\.^SVLK;ZP5K-37X5?&I9)0:@Q2$Y2:QJ5,TC,#
MJ3E*+2)2PZ$):@E**U1:1Y22P[Z96(]!Z@2E3J-2A[VPJ<Y`ZARE+J)2_4XH
M=<F.VO%7-6GKS'#-2O3''PIZOPD&+.V!^`-6;FP.AP.S)MU@27/8-U5-V4_C
MRVK2<Q>`W,6HM<V`SL&OB)1'^SQA<Y0LWJE66+UA8IIK#+*3U\A.6;9;R;8Z
MII(S4)V_1G41J`Y[9C6X!-75:U37@6HRM,,85$]>HWK*JG7#)DG/3"1G('O^
M&MF+0';8&9CK]Q)DKUXC>\VR=7^]:W5T&`1CG<:N/]9W)7?./+P&:M*EXORQ
M;#HR93_O&F`_VJWQ_<R-.0>_`D@946IU30!C<)L`F39"U=Y$8BZL&3C,@2QJ
MTCNLKY*AS6B7X+$"LJY)=UAI#.W]ZA@<3H"<!A(M<V\Y`_MS(!<UX8IT#KWA
M4VVZ7(+'%9#KFG!%WFD4P0"D`?"6`>C,PP%8$S,`!^;B3-G/&X!`<B`%DY8_
MNG'&K:UZ_9=F7-"=O$IWRKJ]2K?=,]/8#&3GKY)=L&P=;GMX:'27H+MZE>XZ
MT*7YT>@>@^[)JW1/C>Y`!U(U%,]`]_Q5NA>A;KO;TG2@'N,@?`7DNB9U]AB,
M:W<`@0.;SHAHPG.KYK.'7S2.^3_,$KKR#4<Y(SO,S<TB%4]OG"/*$16"^MN'
M>F,VJ`:E=U%733:6S[7\B:#MRM/&C&:-YHX`\_A,S+2`N:#M!2P:LWCH2_E<
ME5>"MBNO&[.X\K%\KLHG@K8KGS9FHMPQ\]J96*CV.:.>;K)>(+I$QRM!?1K4
M7A>8^^"UF`WJNQSE%IH,AI>`VS3&$P+=.>)K0!)LVAFTD[L@K5Z**$.4(RH8
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M]^2:30#8TU\")8<#LY>1HV<A2)==)2/:`?.O$1/%6!RUZ2:"5&NJ6FYWTAX6
MS,1#1>:"5&3!B+?UVBU[I2_%1V56@E1F'<HDW8$9:<?BHS(G@E3FE-'VYCD3
M1]4Z%Z1:%XQDPW+8L9LYXJ,R5X)4YIH1A>1:^9V*A"/1;:Y[(W'7KGGB[,V<
M72,S0@?FLDK%4Z/.&`6M1B-40^6%#)>IG@5[>O>DDE'/?UH#-EW&&,4$M::O
MTIJAUARU%J_26J+6"K76K](Z1JT3U#I5+3<^VF;<GZ'(.8I<;!>Y1)$K%+D.
M1=XEVO_A4'6;\&\9JKR-[V?$O(]/`ZJYT].`,SM1J7M^UTZF@'*T*@0%BZE(
M*E&+\39[+)6`TB:ODYZR&4NW#COF&&HF.GHQS05MCWH12G?:7=-L2]%1Z96@
M[=+K4'J8M,V-Y5AT5/I$T';ITU"Z.QSJ+9E3"6CK\]=)7X32K0&<D5V*D(9]
MQ<A;%UX+JA[2"(>\VY.'(?_*G7?G:V;J&MF9VBS$4O?<N1W^@'*T*@0-PCG8
M[+J68M:7K>#PV'\LGVNK301M5YZ*&2GK!0XW@9F8:0%S0=L+6(B9A&Z2J:5\
MKLHK0=N5UV(FRC;#.Q8#E3X1M%WZM#%KUZD`/C5V)B8J?L[(VPV]0'2)CE>"
M!OYZ'R;!Z\:,S_63Q%M`!%=!ZQ^</U6^U56@`X*>U3>SXA&;M6F8-S>&EEUU
MI&HE>RR9Z&O#Y8(T%RL$J56):,PH"(*^GF,NGXF:21131#-$<T:TYR2."[72
M>E.19OI=JIEXKA"M`Q3VH#D^D?5."X])&'E[2BFB3!RU*CFC`2V5FRZDJIB>
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M;F9"1MIDJ8L3+M+$/KZ7L5G0:2RFC5:(%7=:TK$;$Z58:`3C6`38:1#Y5*2T
M_!DC'N=V?WTN'EKX(E8X]A84OA(I+7P=%DX/,.G`#_N+KM5H?SEN^HN1!IRV
M:N0*\^]E9HLW8[.@OUA,0R[8BMNK8Y.`$E7&L?('F'9`X%/1TN)G8?':7-5N
MT%P<M/*+5Q6^1,>5("U\S4CFQ$17)V%ON>V6V-7%VS#^E`@[,VFK1K:W=%NU
MJFK&9D%OL9A&7+`51VR_DE.BR/B%XN%V!X%/14R+GVGQ.O(B]S;06KP0A;F=
M+Z5([>^5((UBO2N*H/.HJ:*=5_'P4A.DI:>,;.>9<9JA9RY(XRX8T1\WE]NI
MJ10/+7[,*"@>YD7TFPK2PF>,W)]FTL"N$T>-8<$HB`&F1_1;"=(8UHSH#^<@
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MYH`2I<>()HBFC+8',!.K^GLV]F8]1]T%HB6BE>ANK?Y:K.K2WW6]S"[L7+>7
M(==KK'/-P_2NTB9'911T;L=>FZE::=^REM^W-6KWO<NU1M[91RE!J.,8T031
ME)$G/V/DR<_1<8%HB6C%R)-?,ZKEPY;WMU:HY67_JHU;*XR"DS2Z>LS,E:J9
M-G$M1IZ"<K0J$)6(QH@FB*:(9HCFB!:(EHA6B-8!"IO8+;*]P=TT,2^^_9L.
MK,?3=HULJYMCQDS-M(D;3T$%6I6(QH@FB*:(9HCFB!:(EHA6B-8!"IO8K8QC
M3<PK9K^)&>E83.E*J68319D@O;9S06I5"%*K$M$8T0315)#*SP2I_!S1`M$2
MT4J0RJ\%5?)A<[IEL]><.^^UO,SVF[E&P1D#'I^V&RL9HADC+YO.!6GLA2!M
MFA+1F%$01.3X5,TDBBFB&:(Y(R_6A5II6A`Y/E4S*7*%:!V@L(?<\M;KH69.
MX66OWQ,UHDT\*2IU#>(VVQ1EC+RJY(+\9F=Y^M,D/7BB6HJG]LY8BM2WK$P0
M31'-$,T9>;$NT&J):(5H':"@B=U96ZR)*QXNV@5I?5-$&:)<D-?$@H(FAA/5
M4LRTR+$@%9L@FC(*3FSQ^%2M9-#,14M+7`C2$I>(5JJE@P9*7*L5E1AVA+\4
MCR6')O/OX!*=D2O#&[=P?*IF4NM,Q+36.2-_,<<H.'^$$]52M+2YQC%'VB@P
M2Y()>DX9N?';5`F/3]5*:C1'K06C('R,8HF>*]7?$L5:K:!O_86ZEWYV<$$N
M:-?QJ6<G=<Z$^;W()6AG%&A5(AHCFB":"E+YF2`-8HYH@6B):"5(Y=>"*OGP
M`C)+9[E9N+62644)TAA31L&V0^3X%#US\:2;?#-$X:FO0ASYL";R_8M23#2J
ML6A3ZM9HPZXD^DW%;VM,,[;:L>6%\@N1]\."C4KT6XG?UK#6XLA-M>7K)!VW
M7(WD!Q4W-R]8_Z9L9;O<[CB+F'9++DC'92%(3E#AVPNE6*C.F%$0`78O1#X5
M*2U_QFA77X+6(A8#]B7XK3"&M<90;3KKN4MXG;ZP%N_@6ER0-EG**&@RFL3M
M0A$]<T'::(6@Y@1UJ#%7^XRE6&@$8T9!!-AI7!GUFXJ4EC]CQ'O>WCL8JL+G
MXJ$BBUCAV%M0^$JDM/!U6/B[I*=U#_O++;!C%QFOXKTDO,-(`TX9!:U%_65/
M4-$S%Z0A%XRDO89FI[\4%RU_S"@H'T]0T7$J2(N?,>+BS1;G7!RT\`6C[84O
MT7$E2`M?,^+"WWD[XF%ON55^K+=X]>_W%B,-..W4*`B8>DM'1GVBPV;>TB07
MI!$7C*2Y3'N5XJ'%CQG9XDTW3]!S*DB+GS&BXO7>B<=PXJA1+!C9*,RF]Q(]
M5X(TBC6CIMLTYPV[S6T1Q+K-<7,G8Z01IYT:V8CA3@:>.7O2-S$DBRP8<<3V
MD=-2/+3X<:QXG!&A\*E(:>$S+7QKIX'6(A8#3HS@M\(8UAI#=1M[Z6M9';=+
M$.LRQTV7,=(V2RMO^_@6GIVR67"EL9BV6L%6W&4M^[VN$E7&+Y0/EQI$/A4Q
M+7^FY6_M-=!:O!`%7&K@N<(HUKNB""ZXKMGWV+7Y5]F'O2K(ZU5&YD*TYS,9
M>N:,_.6V(#X[U9FC3DU09,PH*![/3M%Q*D7IL>5,D'^,B-,G:BT8;0]BB8XK
M*5&#6`MZ*8BP2]^X@]+%'11&;@72K+<B9Z=J)K-F)F(Z&')&[E2J$<.%(5OQ
MV6D[:2?F&BQ1>HQH@FC*:'L`,[&J3R^[YEX_1]T%HB6BE>ANK?Z:K>1%9$F[
MHQ=_V+MF#P4N6'-XVL6]%49![^+AJ5IIY[*6W[DUHM,%L2K8T3O=+"4(=1PC
MFB":,O+D9XP\^3DZ+A`M$:T8>?)K1I'#TZ[;0(G<Z"INID1G^G'?'N/9PU/V
M]$Y*,T0YH@)1B6B,:()HBFB&:(YH@6B):(5H':!P<+OU=:R)>=WM9>WNW40N
MO=`AE3*RK6[7Q&HF0S9'5"`J$8T131!-$<T0S1$M$"T1K1"M`Q0VL=EV@/G#
M[*^[MT?5:9S.WDF_;1Z#.F(S][4H;Y(W4W@J8MII&:(<4<$H.,>@&Y+)[$LU
MHZX-J_W"ZKV+JW=&WGE9*E9^W+#&S]&J8&3CMFM`-8.X7UC'NN]PF^R:D?N*
M8-,%],"&Z:E4//VZP`HX1ZN"45"7@=VL*=4*JN)6'=[%78V\+6\T<R^!LE6L
M43#*J(HF)4S%4U/SC)$Y]+#OD\[1LV`4'+U0F696*=4,ZNVR=JAWS_UJA.S-
MNS>@V*HR&M`XT^Z$+S*EXNIW9]S5M%*.GH6@`0V(IE#(U<K&K/X"_V"@UV%P
MT=$K;';5O#();YZ"!E2-)@@\@TC%SJNYH-"UI:E4M63(Q4P]"T$Z9$I!0WYX
MN)-HGX?5C"7<K:"#>YAC"PICA2W<5.PTV$Q0Z&HW?W,Q4\]"D%]-#DVJZ;UX
M(*RER_2V#V/W[ATSC`6%H<)66BIV&FLFR+BVS)YI+G;J6@CRJ\FQ<36]YT##
M6IHDKYZDPKZLDSO_&]4]1B;40[TNJH&7BIV&F@D*7>V9<"YFZED(\BO)<4@E
M=1$35M*D6;%*8L9%;[ZK>C>,E%Z?8YZH%3L--1,4NN*`A9RN:#R;]44IB"NI
M.4981S_/H>G,/4!<K<4CO_/E7AIHQRVC,.)(9=G.KVS4%2<A\"PX#F_SHY30
MADG]#8:VSN)A=?W\AJN;=%]\7KJ':8^@L,9V[S`5,[_"F`JA52%H&*:(9FXN
M&[-ZNZ?MO8LBK+#+660ZD@J_[LTX]'(DZ.X:!8D%/L`FCG[=64M1CE8%HY;;
MQ]%;&N:OGIW-(FA!ZM=7,H<*F_LG)TGZO%<J5AIEABA'5#`*<C[*NVW^JF80
MMLM%M)N:L#E%\19TO1KM2E_9S%OW98AR1`6CH"J8OJJ5K8E[SY17DUW9:V4>
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M$567:?*ZQ-7]FHWM;<Z:PJ0:IBAVU(IFHJ4H1U0PVIFX>G8V@:`C+;^#)0.L
M<-B1C/R-5['2*#-$.:*"49#M11)7-8.PP[RG"1N3'?=2<.J578DKF_F)*Z(<
M4<$HJ`HFKFH%-8GE,2__:*U[F:099(QV):[BJ5->)IX[$E?T+!CM2ES5#*J]
M,Z\98%XCR&2?]O51J=CYXU)2(IKE=8T'DR=Z%H)V)*YB)HGKX*4C8O?B33NE
MAG?)RL)<?))WT%3AA8\U9SN_YE%7FT+D4JAZ%H)TQ)2"^";YSO^=A>`VZ:Z'
M';7$=*=R@ISNT-OSK',ZL=-8,T'A?17[%].=QE/3'4&2"L33'3<*=U214PIO
M'5TY0143^\K35.S\*K*:J:))ZG/T+`3Y'<EBTI&Z@@N[T>4<6[-6=UG8"2F:
MJ"3V5#(55[^.<5=(Z="U$.17DM5V53*2Y)@KDE,1OR.C>0T>$`P@B\D$[>I(
M\"P:3V^LLI74L?_"KK(K;$=/<AKB5Y)1&"DNLBIQ&M5^3[[@:A=9Z%H(\GN2
MU;B6WO,_P7"ECW=4LK((YU9!MI*ZD*MG';'S*BDH=(5%EIBI9R'(JZ,@^EN_
M#B<^[5#&OJN.F`553CCMV&>F4['32#-!81T3N"3%3ET+07XE.3:II`Z'L"-C
M65%PSN/R?3/O"#*1PA&(V&FDF:#0%6X?8J:>A2"_CAP:U]';"`SKN#,%&F(*
M)"@,%$\^Q$XCS02%KCA8N5#U+!I/G78$<1U?.K"C;`@'*\W*L=5R96LNS6CN
M`@\@I^*J,6>"PMI&ABUD3`6[^LME4:,1O?7:C&0]6Y;+M/T'8YA1&#8LE\73
MKS"D-CE:%8+<L&T227R&H#&KG[=,.K`_>?#T?;-YSFZ>;SY]N-\\?MNDFQ\_
MGO9N'_[Z2;KTG)Z']QXW7S_N?^YV1Y])F)8"C4/]"2UD1R4M4B.?#`Y')2T#
M8Y\D]$GU%*Y5&[3HD^HN9C[YG(P^Q_A1,KJ.*1VU1M=1^_;HNFIYJ]\9?:87
MYV.PGUN'H\_TU!=^0L_MC-Q3.;%/!O1)-:V88NC`:E32853$IT<^=-P3^X2:
MF(Y/(I_TJ8GIA`$_.>HFHY0>?8U]TJ)/HDW3;8_<(X3H0P\`TB?Q-NA23:,#
MH]NC3ZJC,M,&]-WYT8R^0X[ET'?<1^X;[/C)48?J0]]_QD_H&]RD%ON$OE5-
M:K%/CCK4!O1%7U0[:G5&[LW1D4_:[9%[IU7L$_*A9Z!CGW1'[HTV^`F]CX8^
MB;7.47M`:K%Q0._A&+G79Z`:O2Z#U&*?T,O[1^[-_.A#[YRG3V)M0*^&'[D7
MOZ,/O<)]Y%[0CI\<M:AUZ/7>^`F])IW*B7U"KRZG<F*?T.O$J9S8)UEG=!UK
MZ:([NHBU,_VB+\T/L8CIYUE'[N=%,6+ZS0JJ2VP4T@])4,2Q3^CW'BCBZI.#
M9K@_??KPZ^;;9G'S^.WNY]/>C\U7FEX/JT<''N^^N><FZO]XYI]Y_^/A^?GA
MGFZC]%#%YN;+YM$9T*WAZ\/#L_P'A7OP^^'QSVH*__1?`0```/__`P!02P,$
M%``&``@````A`.UDK@0%40``LZ\!`!D```!X;"]W;W)K<VAE971S+W-H965T
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M_WJ7ZQ]&UY<GBX$1D3/YM`OR7]],NC&@GWB]_#=LYKOW>"0Q[<,D<?$V-R_I
M[0@!<O\(VW_!;HX0&O</W_#_,%0CQ,;](VS_^_<?P9$S#38W47`&CO\(:7'_
M"#W0M`PU141&FI'Q#]?CF[O[TSD\U!0Q&44YT1-WJ"4",]+$7+VHY1@A<?_P
M>RJ#-["M,>8H]X\PR"_:P3'RX?[AFXYU/AC:*"(QUDC<1J?O4%.,Y5C'\NIE
M&\50CG4HKU\6H#$&Q/T#>SIX6*\P$.X?+QJ(*YRF[A\O:X'C?Z7'_^9EV;S"
MR>3^\;(=PG&_BH[[\"%`_J\T_]+1@;&]PF%V__"]>N$.72/&[A^^Z2@:W!=>
M:Z\Q".X?WB;.R$MMD.]KS??X12?P-0;&_2,<`ITL^>B]Z=<<I[7*_-VW=S__
M^.7SGZ]D"2@'XNL?[]R"<O07Y^97*7X`PKI%%E#OG7SJ]#^]EK&2%<E7H?_^
M>70WNO_QS;]E)?3>B]YF1*EB!H5;#3G?N04+"PH+2@N6%JPL6%M065!;L+&@
ML6!KP<Z"UH*]!0<+.@N.%CQ8\&C!DP5_M>"_+9B&\<7`3,-@!D*#-Z71F]+P
M36G\IC2`4QK!*0WAE,9P2H,XI5&<TC!.:1RG-)!3&LDI#>64QE)N*_PY(D?L
MC9QFX5R3V>*[SC6G=^<:COQ;`#WYQN:\@@)-YA8L+"@L*"U86K"R8&U!94%M
MP<:"QH*M!3L+6@OV%APLZ"PX6O!@P:,%3Q;\U8+_MF`Z)1(&$T,UG9&&1F]*
MPS>E\9O2`$YI!*<TA%,:PRD-XI1&<4K#.*5QG-)`3FDDIS244QK+:3R8R7DE
MZX7XO,*ERF&YEXXN5>.KN_1\>=MK1OV]M+L0S8C,B2R(%$1*(DLB*R)K(A61
MFLB&2$-D2V1'I"6R)W(@TA$Y$GD@\DCDB<A?B?PWD>F4$8_JE(=URN,ZY8&=
M\LA.>6BG/+93'MPIC^Z4AW?*XSOE`9[R"$]YB*<\QE,>Y"F/\C09YN1DD[5J
M?++Y!>,/KBKS[=>/[__Y]O.I5H63T,EE;2E36[Q@G)C3T*NNPJ5N1F1.9$&D
M(%(267HBM^IN]7HM=='KM#<K56!N7C.J&-6,-HP:1EM&.T8MHSVC`Z..T3%!
MR0#+0,8#C(%T^#20."9O/8D&C<B<R()(0:0DLNR)W,UCZRM/K@-9$ZEZ<B_W
MHB%\-W=FM.L@@O6&C)J@&3#:!A&,=F34>J+[L2?-@4C7DV0_)M?F4G8,(ME\
M,J"R^[D!=3@=4$^B`24R)[(@4A`IB2Q[<B^=#D,SN3;WD:L@PA%=>R-=$U=!
MHT;W5V997`<1C#9DU`3-@-$VB&"T(Z,V:-1H<G6;SC'[((+1@8RZH(F,KLW4
M>0PB,4J&7>I7\;`_-U$[>1J'GEQ+:2H,T?C&[,<LB+`?<R(+(@61LB=20X;/
MLB>NR!,V/[FY3`_C*HC0;.V-HH0$C1K=7UVE1G40P6A#1DW01$;WH]1H&T0P
MVI%1&S1J)-^.I$;[((+1P1OI,>J")C*Z,3TZ!I$8)0F1*DZ<$,ST#J=)\.16
MEEK16)B3;*8J]'C.:,&H8%1ZI+NZ[(F4@F&^(K+VK:*Q)TU-9$.M&M)LB>RH
M54N:/9&#;Z7[U9'F&)-DO.14R(V7P^EX>7(3C]?=O3EW9JK"(9TS6C`J&)4>
MZ7XMB:R(K(E41&HB&R(-D2V1'9&6R)[(@4A'Y!B39+S<EW&Y`3OQ=,2`]`#.
M@,PHFK-['LDPC(L,*S*L!-.M+H%NTFG?3$ZK(+L^K:)OKTRWUA"H=04T;%T'
M66]]92YX&WRNS@W0L/,VR'KG"W,-V.%S=6Z!AIWW0>8/QZTY7@<(U+H#&K8^
M!IFLV,/D.[[1I5(:.5=[C.KYF-.EPF$G"2#MT@S(1,Y,]/-(II'S&Y"F8$5&
M5X*I;,EH!71STW_%<'MM5NUK*-2G8E0#W?3C,C$N&WRN+@VC+9!WN=!C?_KN
M8H?/U:5EM`?"/MU=F0GY`(7Z=(R.0-*;EP3"%15S@>B+C7)CCN%ZZV[2W85$
M-S\#,H$P)\X\DL%MD6%%AI5@NM4EHQ60'X+QO>G"&@*UJ1C50-[&G*4;?*PF
M#:,MT-D!\*F@P]FBI?KO@;!C$PH%V71HHS9'H+-]2F<)5S/+A<+7TN)0>*3;
MFDE`3CDQH3#GUCR2:2BT*5B1T95@NM4EHQ40SJC)O>G#&@KUJ1C50'X,[%RS
MP>?JTC#:`GF7BXF9-G<0J$W+:`\4=LK>.AZ@4)^.T1$(W;G7.[<T"ZX2E,N"
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MP<=JTC#:`HE)_A3TZSXZF"U:JO\>R/=H3,L^<NG01%V.0&>[E";"599RB?!5
MJ3@1'NFV9NX!U<REW@S(/))A^!<95F18":9;73):,5HSJAC5C#:,&D9;1CM&
M+:,](WGGH#^,NH\=HV."TD%TY:;<(/HR5#R(<67J%,Z9>U;83NT>):?U]:59
MO2[0,IK&BPPKP73_EHQ60#@A1V8J7$.@-A6C&NAL_D][O8%,S1I&6R#?IXNQ
MJ6GM(%";EM$>R-O8VX`#/E>7CM$1Z.R>):%P#W+'H7CNRYZ3/KT&`&FW9HSF
M0$E8[NQ-ZR*281(H,JP$TXTN@>+O>L%N;D_EH#%5&R%0GPHH\JG!O(_)W`8?
MJTL#%+ELP;S+Q<B<*CL(U*<%BGSV8-BKL?$Y0*`^'5#D<P03G_QU*8U*7"&,
ME@7R3[LL`-+MSQC-&2V`3$K,^51$,J2D!--M+CV*=GD%U4W_$,?MY9VYXUQ#
MH3X5^]10W=SWP;HTBYD-!&K3L,T6*F]S,;)?SN^@4)^6??908;=&=.\/A?IT
M['.$"OV)SL\T"ZZVE+F6C'W-*;J6`)DA-9&=13(,Z3S#%AE69%@)ION[9+0"
M\E/NM3V3UA"H3<6H!CH[Y_97$\C4K&&T!1HVVT&F9BVC/="Y'3Q`H#8=HR/0
MV3ZEZ7#%NB@=SUY4?'$O3HW6^W1JNIN8B7<V5IFFAMDBHRLRK`33H[$$2F81
M;*+_=L#.XVNT49L**+*IP?S@F%EN@X_5I0&*7+9@9\>FO[N`3-U:H,AM#X8^
MF2-^P.=JTP%%-D>PLYU*`^.*@=\3&%\\C`/C43+-3&Y,]V?NC3!_+Z*!8;;(
MZ(H,*\'T<"R!;F1Y''WO9BH>*\AN+T]7D-N;2W-#M(9"O2N@8>\:LEMW\_[O
MG\?6>@.!6C=`P]9;R+QU[HKE#Z=ZMV@T[+V'+!R2.W-*'*!0[PYHV/L(&?I]
M]LKF2GQ#4>P^_R'K7SFNI]-JZEX'-D41(.WDC-&<T8)1P:ADM/3H5I]?63%:
M<\.*536C#3=L6+5EM..&+:OVC`[<L&/5,4'IA.(*?-$HAM'RA;]XXO#H5F(;
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ME6%UAFTRK,FP;8;M,JS-L'V&'3*LR[!CRM(A=L6]:+V*>\<K7_2+%@)`\5!Z
ME:(YJQ:,"D8EHZ5'<L^$85H!Z8WIFE'E4?(J(+_2J"K8;]BK497.5N2U516\
M=NS5`ND.[8%TAPZ,.H^2'>)W&U4EG4B'V96I<L/LRU?Q,'ND8SJ[(C1GM&!4
M,"H9+3UZYBU'5>$(K^&E]]>5JG2T^$5'5<%KPUZ-J@:\MJJ"UXZ]6E6I%[_N
MJ"IX'=BK4U7D16\\JDJ\TC`\5_6STSI7_=Q/7<E,_\Q;CZK"[LP9+1@5C$J/
MDD58WXEGWGWT#46%3JSA%><FX\6O/[+7AKT:5>GXW-,;D*I"OW;LU:I*O?@E
M2%7!ZP`O/8T[545>]!ZDJL0KS8VKS^4F$5^WBR<1%`OC5?KDQGX/ZG[_S"T8
MY)5)='R>88L,*S*L!%.[I4=2$<<65HS6:!@GHN];U+#FAAMNV+!JRVC'#5M6
M[1D=T%#WL6/5,4'I*+H*8&X4?64P'D4M%FIB^`W)*Y7A&,\S;)%A18:58+J'
M2T8K1FM&%:.:T891PVC+:,>H9;1G=&#4,3HF*!U%5YO+C:*OV<6CZ)$>SIG[
M%4%?&8X'UGP!-8]D&-A%AA495H+I5I=`PQ6N59#UE;F;L=823M]"K2%0ZPIH
MV+H.,O]5MGG(?(//U;D!&G;>!IDO)YIZQ`Z?JW,+-.R\#S)_.*Y,Y>T`@5IW
M0,/6QR"3]5VX$S];2W37V6SD?.THCAR5DV:GUGU]4+=U=V^N"/-(II'S;E+]
M!BLRNA),94M&*R"\:G!/C\E!H3X5HQK(/SM@'Z;9X'-U:1AM@;S+Q9WY#G\'
M@=JTC/9`V"F:I`]0J$_'Z`CTLB<9W/(OEX@33ZMV0+KY&9#Y4L,<@'DDP^@O
M,JS(L!),M[IDM`+R8S"RWZNL(5";BE$-Y&W,:;K!QVK2,-H"G1V`_OD6R-2L
M9;0'"CMF9J4#!&K3,3H"G>U3<F5R/QJ;#057`D]2R8EN?@9D0F%>))E',@V%
MWT`\361T)9AN=<EH!80SZM9.56LHU*=B5`/Y,1B;/=G@<W5I&&V!O,O%E;DF
M[B!0FY;1'BCLU*WQ.4"A/AVC(]`+$V'*B*@QN=\%-N5"(-W\#,@DPIQ>\TBF
MB?`;2!+!K$1;W>J2T8K1FE'%J&:T8=0PVC+:,6H9[1D=&'6,CA[)ESIR$-/3
M^DRAT'T/8P>1JH(SJ/0(SX',N)HEV2*285R+#"O!=`M+1BL@G``C^Q,4:RC4
MIV)4`_GS<63>2]K@<W5I&&V!PEEM%N`["-2F9;0'"CMU;0[B`0KUZ1@=@5YX
M5KNB8.8.Q/U,MPT$U0]G4&F/YD`F$.;KW44DTT#X#40G>@F=;F'):`7DA^#.
M7"'7^%Q=*D8U$.)@UC`;?*XN#:,M$.)@IK@=/E>7EM$>R+O<F^-WP.?JTC$Z
M`GD7O6JEDX*KFN4RT%?3XI<GW:^FNUCH9F>,YD`F`^8JM8ADF@&_@20#M-$E
MFFH_5D!^7Z]T9_O[37RN32I&-9!W,:?R!A^K2<-H"^1-+HS+#I^K2\MH#W1F
MAP[X7%TZ1D<@<=$[MK-WA]>N7):+@B_Q17>')ZF)@E>9<3=GXQPMHS%>9%B1
M8268[O22T8K1FE'%J&:T8=0PVC+:,6H9[1D=&'6,CA[E+O)G:H/NJWH[IWND
MAW,&E:(Y4#*N_-9D)-/SF:N*)72ZA26C%9"/__C23*1K"-2F8E0#X2Q*'S/:
MX&,U:1AM@;S)A7U::0>!VK2,]D#>9F2K]@<(U*9C=`1";T8ZU:7SNJDN/O<4
MXS57'8&T0S-&<Z`D'_RB9"33?&@-$ZR$3C>Z!(J_1`;SKQ2.[#5R#8'Z5$"1
M3PV&5Q-M0GP/U:5!B\AE"^9=+D8FKCL(U*<%BGSV8-@K^Q.^!PC4IP.*?(Y@
MXO.2>?],5?":JX)`NOT9HSFC!9!)B;DX%I%,$T&5R*671;N\"BW[9T9N[B=F
MU;2&0OM>L4\-E7^C<&+6X1M\KBX-NVRAPGN)X[&Y#NZ@4)^6??90^?<D;^YN
M]70_K6P.4*A/QSY'J-"?Z&XGF35<M3FW!#CQM!P(9$;45(-GD0PC.L^P1885
M&5:"Z?XN&:V`_"PI?YTL/;'7$*A-Q:@&$IO\>70:@PUD:M8PV@(-F^T@4[.6
MT1[HW`X>(%";CM$1Z&R?TG2<J0O><%T0*$G'Q%XZ9Y%,T\%%P$5&5V18":9[
MO62T`O('+SH9^KL%?*XN%:,:""YIPC;X6$T:1EN@LP-PZM$.,C5K&>V!T",3
M^@,^5Y>.T1'H;)?23)RI#-YP91`HR02_\Q+)-!-<\EMD=$6&E6"ZUTM&*T9K
M1A6CFM&&4<-HRVC'J&6T9W1@U#$Z>I2Y:W!#$L_[SZT63WIS/>"2(53I@-O?
M"9E',@SX(L.*#"O!XL%%.5,?T5M!AH65_;F!-03J4P%%JXP:[.S"RE\0Z%@T
M:!FY;<&&W7:0:=]:H,AM#W9N'P\0J$\'%/D<P<[V*CW_7=TN*AH\FQQ?YXN*
M"6ZB<;>F;L/A.VQ^%3J2(2;S#%MD6)%A)9@>CB70,Z^G!)E_%?K>?B6TAD*]
M*Z!A[SK(^I=(["IV@\_5N0$:=MX&&5Y/H34I%.K=`@U[[X/,'Y%;>Y(?H%#O
M#FC8^QADOM_1Y3I-HJL4#B71O)@BM79;$0'23LX8S1DM&!6,2D9+C^*W4!BM
MN6'%JIK1AALVK-HRVG'#EE5[1@=NV+'JZ)$\O2*G<CJ*9XJ0;C8R]2N@9]Z$
MCF0Z;WBWZ.WH14979%@)IB%9`NFSARM&:T85HYK1AE'#:,MHQZAEM&=T`-)]
M[(!T'X\>Y=839ZJ0<A]+HZA%0IW],ZM"E>DH,EM@"W(Q@:[(L!),94M&*T9K
M1A6CFM&&4<-HRVC'J&6T9W1@U#$Z>I0;Q>^L(4IU@4:7"F@SJ)++_9U]8F<>
MR3"0BPPK,JP$BP?7=\3=\89%!K]YBI8R09U^B>3^TMQ$K:%0[PIHV+L.LOXQ
M0/O0V@:?JW,#-.R\#3+_Z.+(UCMV4*AW"S3LO0\RO`E-A6LHU+L#&O8^!MFY
M^DIZ:3!URF>7FER_=#^ZDEEJFG+M+)(A>_,,6V18D6$EF!ZA)=#PXF<59/Z]
MWTP>J3Q:A49RUWP^ZW60]0LKSB,Y-Z')H/,VR+!DXSR2=QL:#7KO@PQO0G,>
MR;L+C0:]CT$F):CHP.EWUTD>Y6=_OFO!>=*G-\T>N<<VPO;X36A5A30R6C`J
M&)4>15_B+SV*UZ",UMRP8E7-:,,-&U9M&>VX8<NJ/:,#-^Q8=4Q0.K!GZISR
M6TSV^@;DOI8+(\AO0D<R'4+O)DW!%AE=D6%EABTS;)5AZPRK,JS.L$V&-1FV
MS;!=AK49ML^P0X9U&79,63JH<NH/WAZ:5^;<Q-S?<.C`CN[LSU>_A4RG]AFC
MN4>GOQW[T^NOI[7%Y,9\)[10%0)1,"H9+1FM/(K.\[6J=(\FM^:YMTI5Z$3-
M:,.H25!ZZ%TY;.C.W!YZ7SZ+:D3N+_*YT8@/,Z&Y5T75K`6C@E'):,EHY5'4
MB;5'=_&J\GJD%XQ3/;!2E1[3OO?2$&C#JB9!Z3$U=3<\D>MNALU],E!\[+Q*
MT=RK[N(KY.36K'X7JD*W"[8O&2T9K8#TCG+MT5U\_:5.5*I")VJ/HI'?,&H2
ME![.I'@D1^=7F<U'-V?_VO,M%X\\<J6-<"7@/R.*AO&1[[W,Y&#.RX5O*"KL
M=`$O/8"EJK03=_9WD9:J@M>*O=:J4B_ZPZ25JN!5L]=&5>I%_6I4)5[I^"1E
M(7>;<SJSIK=<%@)RWV.%@9C<VB^F(8L'`E6A=`C-@P0+M)2[%W>/>']IGA$H
M(%#K$LCM8>@4W7XN(3MGO8)`K==`P]859.Z>*^J!F:IJR'0#&Z#A#320G=U`
M.J"N=A.N"=&`^II.//>CS!-/LI-;\X3N[-;+M.=S1@L@?X,_NKHW1Z"`0GU*
M1DL@^%S;']5=0:$^:T85D*MR#PT+[=P&+=6_`3IKE@Z!*XGDAL"72N(AR%5/
M)O9AE)G<0IBK])S1`DAZ>3I_["\_%1#HGI6,ED#>9A(]"7>:&U80J,V:405T
M]IB=S&K(U&S#J`$Z:Y8.@+M1S0V`OX&-!\"CI*`RN;6%BUNZ]9TS6@"%[-J5
M:`&%[FW):`D4?"9FN;""0GW6C"H@[\,_]U9#H3X;1@T0?.(?24L.O%NNQ0?^
MN:O]29_>N0.9`3&7@AEDVO$Y4+1668#)'.I."?DJU,QN!11J5`)%1DNP8&3_
MWL@*"C5:`T5&%9BK\0_,2Y"IVP8H<FO`SKJEP^/NC*/SXMGA\7?2T?GB5I"G
M0E]\S;BS^9Q!IMV?`[G;F6C'[2(@R/PWGO2'&0HHU+L$<O/T>>]ED'EO^NL(
M*RC4>PTT[%T%F2^?T4]]UE"H]P9HV+L),I3FHA_-3`<XN1?':OOV![<X^O7C
M^W_Z;VK[_V-N#MT-2N:^W,P\;R'3O9@QFC-:,"H8E8R60/C5LO'EI7E8<Q5)
ML%A>9UB5876&;3*LR;!MANTRK,VP?88=,JS+L&.&/6388X8]I2R-C[MW_I[Y
MP5<*XOF!B@>S.T)S1@M&!:.2T=(C]]YM./4G=^:N9*4J#4C?+VD(5+&J9K3Q
M*/KYFT95<2?,M6:K*FQQQZAEM&=T\"CJ1*<J[<3HVMSO'E6%3CPP>F3TE*`T
M-Z[J$>4&-Y%WCIO+NT?Q]$%HCH:J6C`J&)6,EAZEOP]GGU-;J0I'9>U1=(0K
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M,G1O*KFX]IUXNL(&BF9`CTR&S/DU5Q4"LV!4,"H]BC/$:.61SY!]P&3-+2I&
MM9H,36W<L&&T?9'7CANVC/8O\CIPPX[14;W<_&H/U`.W>&3TI";Y`Y6FRQ2B
M0[JXX'SO49RN'IETF9K@W#<4E:8K-`0J6%7R%I>,5A[Y=%W;7XM;<Y.*49VZ
MT!3%+1I&V]1D;)_;W'&3EM$^=;FP)?T#-^D8'5.7NY%Y%.N!FSPR>DI=+J*7
MGM(8F7)WB%$H96.<W]Y[I&F8>61B9+[YFZL*7@M&!:/2HV22HDZL6+5F5#&J
M&6T8-8RVC':,6D9[1@=&':,CHP=&CXR>$I2.O*O=9I8X][[6'"UQ@.*1YXJT
M5YDPF&\=%ZI"&`I&)6]QR6CE$5;C9E-K;E$QJM4D/^N>OF/?<,.&T5:]W&7@
MRO[RRXZ;M(SVJ0NM=+A%Q^B8FEQ?FI7#`S=Y9/24ND1=2:-TIGA]S\5KH#A*
M7+SV*A,ELUA;J$JCU'M%5ZR2M[ADM/((43(5_S6WJ!C5:C(8)=K?AKVVZM7?
M::8_X;#C%BVC?6IR8:[O!V[1,3JF)O;-W`=N\<CH*36)>I(&R12KP]6(B]+N
M[[FX.G4<)$)SKS)!T@7[Z>1>J$J#U'LE02+[)7=BY1$6->FPK;E!Q:A6C\$<
M47\:]MJJE\N1F2)WW*!EM%>/@?X<N&''Z*A>IUR;$^V!6SPR>E*3?(?24)VI
M/KNOL\PW'4!QJ'J529!9D\U]PR@N"T8%HY*WN&2T8K1F5#&J&6T8-8RVC':,
M6D9[1@=&':,CHP=&CXR>$I2.O*OFYI8XOLH;+W&H\#N[)S3W*`D#_]Z@JG0Z
MZ;VB?)1LOV2T\@C7)3N=4!<K]JC5(W^V^!4.>37LM54O=_K2NW/<HF6T3TTN
MQJ:N>^`F':-CZF)_0/V!6SPR>DI-XJZD23+5[.>^1;WG*C=0/+=XE:*Y5R4)
MXU\L5)4FK/=*$D;V2^[$RB/YZVZG"X29V=;<HF)4J\E@Q*A##7MMU<MUZ-HL
M6G;<HF6T3TTN[!/0!V[2,3JF+B/[P.(#-WED])2ZQ'U),^9JN+G9RM=VX]F*
MRKVS>T)S1@N/3+S,^5>H"O$JV6O):`4TZK\?N;\VI8`U!)KXBE$-Y&TN3.5\
M@\_5I6&T!;KT#ZZ.;5EN!X7ZM(SV0.C-R.[5`0KUZ1@=@7Q_QI?V$>D'*-3G
MD=$3D/9';XR20$U,`?JY2>ND3PO3'IF\F'O)F:J0ESFC!:."4>E1M*Y?,EIY
MY"^+9E6[Y@85HUH]AN8L;M@PVK[(:\<-6T;[%WD=N&''Z*A>I\D]73X\<(-'
M1D_JD3].:>9<?3B:Q)[-G*]-1Y/;))28=7O\DUNJTLR%AD`+5A6,2H^2S/E^
MN;]?//!]L&\I?P_OM!RR=>,U.U<!#3K7J3--@<$EE.:;@`:-MUXF7S:X+H]X
M5@P^P;H-:-!Z[V7^:%SP1!E\@G47T*#UT<M\K\>7=^::]1!\@O5C0(/63UZF
MO3XWG9I2.47;_(C7A$OH0#K!SQC-&2T8%8Q*1DN/Y.4?G!,K1FMN6+&J9K3A
MA@VKMHQVW+!EU9[1@1MVK#HR>N"&CZQZ2E`ZLYVIET^X7NZ1^RL78>Z8W)B%
M[$Q5&)HYHP6C@E'I43*#^7[%(T]HC8:JJAC5C#:,&D9;1CM&+:,]HP.CCM&1
MT0.C1T9/"4I'WA5LHVL:JI(37\B-KUT]2M=+ESJAG&ZU9[YA=*\V9[1@5#`J
M/4I&WO=+9YD5J]:,*D8UHPVCAM&6T8Y1RVC/Z,"H8W1D],#HD=%3@M*1=R76
M:.1IRC<O`$U\239.!%5I9UZ5AH1^9$Q5F!X6C`I&I4=)(GPGW#N@84:B!W%6
MOJ7[0^^1RE3+U^Q?`0W[UR_RW\!,X]L`#?MOU=\M;:[HKUW"1IU;H&'G?>I\
M,;8_6W"`CUIW0,/6Q]2:.OT`&W5^!!IV?DJ=DTZG*3<%\F=3SH7S2:9*/KDQ
M=_\S52'2<T8+1@6CTJ,DY;Y?SZW9>YG[&]9#*8=96#A589.#Z\G:RX;]-\$L
M^#<!#?IOU?],RJGG[<N<]ZES$IC3A>L0?$*GNX`&.WU,K3,IITX_OLSY*75.
M.IVFW-6W:2Y_V8N=$U\;C^=U*I?/H-(S=<YHP:A@5#):`N$E3OF[]J98NXHD
M.,/6&59E6)UAFPQK,FR;8;L,:S-LGV&'#.LR[)AA#QGVF&%/*4NCXNK4%)7S
MO[@S\77M.!Y4ZIY!%<>#5`M6%8Q*1DN/GGF)4U4:D+X3\4N<K*H9;3R*WHEI
M5*5SZ\1>A[>J0B=VC%I&>T8'CZ).=*K23O!+G*I")QX8/3)Z2E":FS,5_`E7
M\($T##-&<T8+1@6CDM'2(_=M:;CLT4N)*U7AJ*P]BHYPI2KUHI<2:U7!:^-1
M]+)DHRKUHGYM506OG4=1OUI5J1?U:Z\J>!T\BOK5J4J]J%]'5<'KP:.H7X^J
M4B_JUY.JQ"L)UNCR.TOY?8.TE@_VS'N<D0R[-,^P1885&5:"Q2LUL&?>YHQD
MZ,H:+!JJ"BRQHQ<4ZT@&NPU89->`)7;T[N0VDL%N!Q;9M6")'?5N'\E@=P"+
M[#JPQ(YZ=XQDL'L`B^P>P1([ZMU3)!,[$TY9^L672]1'1I?N`QO"GCWS@B>:
MB@R]EQ"&IF`20F(20F(2PIZE(>Q9=**NH(N8),ZWC6ID8)%.XD5^$B]J*_$B
MG62)F&2)VDJ62"?!(2;!H;82'-))2HA)2JBMI(1T$HF8F4B86KE&@HOBH\N>
MF7J(>3)L%LDP_!*)T!1,(D%,(D%,(M&S-!+$)!+$)!+$9!(B)I$@)I$@)I$@
M)I$@)I$@)I$@)I$@)I$@)I$@)I$@)I$@)I$@)I&(F8F$*SY'BVJ-A*]*ZZG^
M=G3I6;0\`C,Q,=\#223ZIE%Q52)!3")!3")!FUV"#;^_*2GIF_IOI,>WYM9,
M(D/>$IF>#7M+BA+O"V,MB2)K2=1+K"5DB;4YF)(W<I:\O<19(AB<=<T3_WWG
MOJ(`67062BI?L@4):MB"*X2,[\R,(:GM!9&WI/8EWA+DQ#LZY";49[X:&%WR
M=P.!):'.?6%@GV634`=9-,\1DU`3DU#W+#H*$FIBDF#/+OL_4SH:V8>F),/4
M3#),3`+;,W\R7-@'722QU$@22TSBF1A=F^1+/JF-Y).8A#'QB=[81`JIC:20
MF$3.LW",[*\02^BHF82.F"2L9SA&T4VRB9CY#D+G3?ZR873)WS:`F7G3/,,C
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M=!'),`M))$)3,(D$;4(B04PBT3/,./;!<<D'-9)\$)-\)$878W/9EK!0(PD+
M,0E+8C2BQ^HAB"9320X927(2H\R40VTD1<0D18G/O?W[VQ(I:B21(B:12HPN
MHK\59?)UICH_NN3R?&#)6MWKE$F^>F;R91[XD7P%&;(D^2(F^:)-2+Z(2;YZ
MYO-E?\9$XD5M)%[$)%[!)[\F."V/)6345$)&3$(6[$YW9.:Y?9F=J(UDC)AD
M+/&Y,+.ZS%341C)&3#*6^-BO2R5BU$8B1DPBEOA$_4D3)D_DYV>PTP>F$`JF
M:9J-F,W!3,+TNGH:HD4DTX1YN^CB5T(7G>;+#%N!(6&F,K#&YY%/E6$UF/>A
MG^?`YY%/DV%;,/$92.H.LLBNS;`]V+#=`;+(KLNP(]B9H_6`SR.?QPQ[`N.C
M98+F*J^Y2^7(EV[C2R58$K1>9T)E;J\E>T&&4$G0B!49)D'S7='-2M"(2="(
M2;B(2;B(2;B(;3),`D4Z"10Q20^Q-L,D/:23J!"3J!"3J!"3>!"3>!"3>,3,
M1,)57K.1\"79)!)QF?8T@<C<0TS&OV=)3/A]UTB&F$@D0E,PB01M0B)!3"+1
M,W\6F,6:I(.:2#J(23J"S<"4(8&AIA(88A*88.<N;B/[A]4E/=2HS3!)3V)T
M85<^$B4RDB@1DR@E1B-[.RJYHD:2*V*2J\0H[I$)F:N*1B%[[DE!>6-2&M@+
MGV<Z,4CXB$GX>I:$CU^%C60(FH0O-`63\-$F)'R>17\/0M+70_]"K'TY6>)'
M1A(_-I+\!:/A_)&?Y(_])(#!SP70QD;R1T:2/S:2`"9&%R-:7Z&5#I$$D)TD
M@8G3G5F52`!](S62`+*1)#`QBKMD$NBJIE$"0]U@Y$NLR31'95=)&C%)&C&Y
MS/7,I,\L@R1I018EC>PD:3U+@^9U4C,Y+9?I02G)&EE)ULA*HN9ULN)S5O*.
ML1D*F>;(2F)&5I*RU.KZSJP*)&?D)#DC)XE9ZG0A7QBG+R#*3$=6$C2RDIQY
MG3]45]?V)Z$E:F0E42,K29K7X5"-HU^T,5ES!=,H:\_/=K[JFF2P9R9'YC9>
M8AEDR)'$DIC$DIADD)C,=CV3TPI^DD%B,MGUS%]JS40@^:,FDC]BDK]@,SS5
M45/)(#')X$OL)(C45()(3(+X$CL)(S65,!*3,`:[TSR<9EJ"2$TDB,0DB,$F
M?\Q,&%UA];O"Z*NS21A[EH217ZT=C8(,X9$P$I,P$I,P$I,P]BP-(Y@L:</S
MB/Q*"MKBQ<^)O<9(1N$4HBX9!1MTE]SVNO#N9V;:A%-PE\B"#;I+C!/WW$P*
MHV`N`08;-)=0)^;9R15.P5WR##;H+AGO=?ZPRWQK2EH2<S@%=XDYV*"[1+_7
MX;`/3,&N7#R4>O/.[4@>CN<%9UQSQMT.,8DX,8DX,8DX,8DX,9EO>R9OZ>`T
MDOF6F`28VDJ`22=A)297=6HK\22=1)&83)_45M)'.DD:,9DKJ:UDBW22(V*2
M'&HKR2&=I"1F9C9T-=\H%[H,]`7B9-;KV3.OXX[DJ4@7'9%AN"02Q"02Q"02
MQ"02/4MG/<^22!"32!"32!"32!"32!"32!"32!"32!"32!"32!"32!"32!"3
M2!"32!"32!"32,3,1,+5:+.1\`7=)!(]2RZ$=_2>[F@49%$DB$DDB$DDB$DD
M>I9&@IC,$L0D$L0D$L0D$L0D$L0D$L0D$L0D$L0D$L0D$L0D$L0D$L0D$L0D
M$L0D$L0D$C%+(S$V]?AG%_"G!J9<`:8KZ=G(LS0^]`9O)$-\%AE69%@)ED0%
M71E^[W.%ML^\QPM9M(DJL.%-U-`-;V(#6;2))K#A36R#3F[8W#I;"F[FX9%=
MD.C8M($-V^^A\V6>BY']+;L#%%'GN\"&W8]!=[;S#T&BG7\,;-C^";I<Y\TI
M("NQ>%9\_A1P#>PIT+,D[OQV[V@<9(C[/,/D%""=G`+$Y!3H673\E\KDLZ';
M!M]V^"7<M=J%:[Z<`MCLX";D%.AUPYN04P!V81-R"H`-;D).@5X7?JLG<P;`
M*;C+&0`VZ"YG0*_#*CQW!L`IN,L9`#;H+F=`KSO;=SD!X!3<Y00`&W27$Z#7
MY?IN3@!7VHZ6!?T)\++7?N7'D7`R:-A&=V/SO?;;H--36:X15&>7LX&8G`T]
M2]Z_F=!?O8YD.+GD!`E-P>0$(2;7@_^E[-R:X\B-+/Q7)OPNF]V\-)OA=02;
M5(L2*6HE2SO:?9OURC,.7^28D<-_?[\L7!+(DVSVO%B>D\`IU,F#K`*J6"T8
MSA<,YPN&RPLV3$(LW=NY+-OX"S.XO#=KP\/1@E'%!</#@N%7P:C1(Q8R;UO*
M0^;[&F'=-J"[[\A@Q:8,%LRLUDO-=A,6PB15NI+4@MD/Q0Q=PYXL5:\>P9<<
M)+5@\]]IQDU8\MR;-7')L]"1Y][.1[*)GZ\@];U9HR/U!>.>NV&DOF"'3XS4
MEV;#GT>1^GX('\DVGAANZ,W:47&#T.&&WL[IY,0P2&\&73"([00/!GG^VEBW
MCL>5!*>X7"\GXQ3,O.G9OPPOBV*<VM7UQ3BUZ_B:PS;>FF`<Z8IQ"C87DOAJ
M*<;IS9J^&$?H,$YO-YY$*'T8IS=K=!A'Z#!.P>P6=M`D/!#`.-(5X_1#C%W#
M2#!.;]9&@G&$#N/T=@?H,$YOIL:QG=O!.%Y9ZC;O9!#9^N7:4##[\-`@1G@H
M@$&D*P:I6'U\$?]&`VM()ZQ1L8NQ'LEF*]Z8R<]#P<(H0HY1CB+'*8$\G"ZV
M$7)LXYU<*ODS(GPC??%-Q0Z?-<8YZAB828Z!F8XZ!FYZ[ABA--D&:>JPNL,Z
M.:SMNO8ZC<,*-OUEV399H4I7'%:P_)$0_I(N^*MB7LGPTD03M^VQDO!@)>'!
M-A-/_'L;7",\N*;W.6P:Z8II*N:G@D&.H<,?0H<_A`XO/$,7K&"[H*D5ZC;J
M9(6*35>C@@4KA$=]%!OIBA4*5JT0*BY6D"Y8H6*N'U:8:$+-QPE"@Q.$!B<<
MHL$(0H,1#G6A:D@7#%`Q/P$,,-&<QY_/)/5"1.J%B-1/1.-GD$+2;9]S2/KS
MMR9U8W0R0\4F,Q3,QC%<><(K5IA!NF*&@M4]AU"],8-TP0RURZI7)LPPT:R&
MI^_+HQGL($3808BPPT2T#H;&#\*#'WH?/_WL:B)=\47MZN>"+XZAPQU"ASN$
M#G<\0Q<\8AN?S2-G7%]^(J.KI[]2A-1TB%L[%9L\4K#)(_+]'#PB7?%(P>JR
M/"Z4,8GTP22USW@SE-V;S-07P;/X1KCQS3'<6&GBEG/%2\*-E^9.\VL`U!;I
M@H=JEX.GBJTFYJS<"#>&.H8;CTW<3U<@:OYA=\4GKTN'Q5T^M=@K"75BQUN*
MQ86CXQ2[3=J]3+!]@KU*L+L$>YU@;Q+L/L$>$NQM@CTFV+L$^\\$>Y]@'Q+L
MCPGV,<$^)=A_)=CW"?8YP?X[P?XGP:ZO,S!SPO5-;VG+K^$*%58BU^X/&K;U
MWK4[9$3=(R/J+AG1S"?7F5&N,Z=<9U:YSKQRG9GE.G/+=6:7Z\POUYEAKC/'
M7`?+S!<6^W[FK[JP+!W"A:5CX^[9^CQ4;?)=-G)M0[>ED=Q6T&L$F6T-YUV5
M\'8BN?9VC9!4*TBF%233"I+I"OIX2+0W'(RZ#;L\Y-[;M?&0>P7)O8+D7D%R
M7T$?#ZGWAN-XPMTV;O!V;3RX04$JB(*4$`6I(17T\5!#O.$XGK"(H*YXNS8>
M"HN"5!8%K;0D*+6EHCXBJRW>=!Q2N$19;?&&;4Q66Q(T]=MU:KAK=YRO+:RV
M..TXJO"PT^J--^RCFGS8T=1U5G(2!O?=H-7D.Q^5W!E9'4HX)S?V4:7>LU(T
M,81:9/O[PTUNWVH[+1O__.5"XR?I!6-]W3!R+ACIK7W]A$ENXV._V*\[\1,5
MI-O;M8.0[7H0OQ21:V_HA/+1/]+O[1HAJ:Z@CY!$>T,GE"\2DGIOUPC)?`&'
M2QUY]X9.*"/$"MZN$9+V"OH(2;HW=$(9(3;P=HT0%Q1P&"$5R!LZH8R0HN3M
M&B%%J8(^0HJ2-W1"&2%%R=LU0HI2`8<14I.\H1/*"*U,></&>-T=.SQ=LS+E
M39U3!FEERAMVSN[D89C7DVV=4\?9K6S/33JGFWDN7'YXY]1QNIM'SN[G<9R3
M>9U3Q]D-/8W3+3T,?O*O<^HXW=/C.+NKQW%.%G9.'6>W=1UG*&[V;&HH;L^N
MX.UUF[B"[QA5U`O7-FR'X*K6=[K1JJ#KA7]:0]+KA*?AN2>6\G;-*=A'"#&/
M-W3"\[@9327T=HT0[P@ASO&&3BB?P,1,WJX18APAQ#;>T`EEA#C)VS5"7".$
M>,8;.J&,$!MYNT:(98202N@-G5!&2"7T=HV02BB$5$)OZ(0R0BJAMVN$5$(A
MI!)Z0R>4$5HE](:-T2JA4%HE]*;.*8.T2N@-.Z<[V=UME=";.J>.TZW,8]S.
MZ6:>*V'&J>-T-X^<[N=AG)-Y#XW3#3URNJ4'SLF_SJGC=$^/G.[J@7.RL'.J
MGF[KPADJ(:O]L1+Z;9X%XM*R8!L>HWA]VNK*LC=KZ<,GE<[/`)<4[)S-UTXG
M^X_XIC2[.%_>1HR/1K&+4&.68Z@I?)UZ'$'8\L`\<@2L<\P1,%,_PO(G2^'B
M@(>$&@<=0XVG)NKX0W582:@QTC'46&NB#BM]#"7,U,ECF"F3G?F`XA1..0*%
M\Y@C4#?[$4SQL)BC@@HS%?089BN@G?K`X*VDRC&LI!YUD#Y3JMWCYTQM-:SL
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M`\.R.JB=N_O&64G1ZXPVLG#!L9JG3-V+(U/W'P8]-+;N29[*M4E@.X)ZF.[$
M:OGXS09[\J"]NB_'P74W5JH7X>)D3R&4JGMSI.I.;!/Q+#C?ZI-R=6..7-V.
M;5@KW[H.Q<C>GQF*T?/+YOH2SE2D"C85J4U<DV*3WJSE!Y=4NJE(M4/XWB/.
M*.#%>JE2Z_CY8EPB3#A"F7!$9SI@)SQ2^WI=P!;*ARTZGQE]'3_,@$5J+S]'
M7*%,N&)B2F[_:B<?$I90(BPQ$:U/0EW`'K67#XEJI4R4JXGI12"B3@D1=4J)
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MU5AL5XE\X)3`H\BIBA-Y4A6%FZIX%#>%<N(^"W?1%$KAIE`>Q6VU<R+/:J>P
M6^T\CKY/D6KS^*<65D^5GGIZ''V?))4^7>D6JE!<C^.GWI:&E7_XWG992/NL
M<<]8O3V.OD^5-OSX>H.5X$HU\/=9LKSOVNN3E`%[>ER'7W]SXC2^(&(WD'J`
M/E6>.T"?,NT$N`ST55`HU?;RY:%2+2^\E;<U[=MY_11YX2W<3>]6I[6="X0[
M!<.(@N$]P;">8+A,,$IQP2ZY_^[CVV[#98]*W)NU&P-,)1@^$@P;C5B0T]XS
M'.3T'8/R`N)\A:O8))%@2"08$@F&1((AD6!(5+!)(G[I+-SHH5%O-V@D&!H)
MAD8C-FMDO\0W:O3L0F;I$';#&S9JI]@M-P<<C+[>[F6"[1/L58+=-<Q.K]L+
M[7S15E_GKL>EG6NGV/W`U]H]S%C0SEX:&?SUO';M+9,^CMW*?BQUUN0FP="N
MM@OGZG=]R[FBI_"A9]XWW!BCL?1%XX+9/UWC;?R3OM=#LR;=FX8-3ZV1N-`-
M&!*/6)#8GN__*HG;"P&CQ`7CH<]P"G$;$]5K5W<GJM>NXWVJ.@S5:U^_Y4+U
MH_JBNO1%]8)-JLM?EJ)Z;S:H+G2H7K`X4<)U@DST=O"%3-CSQ2$3O9C:)QGB
MX[&*37]<B&SAF0^2U[Z3Y!6;_F1N.RQOFM&E+Y)G?3FP7W"7SF@NG=$\ZRPW
M#(A>V]4_?[P(MYKX7LC)P-PIWF,@?6D0)7/RD`[;<D_34??BQXTF^^P4*9H6
M1%O=#:_-AO+,!*A=N<KVZ:^",@'J83V39..HOB1#^I(,P1"^8+RI;SM&P4S(
M+EV0?>K"P/N=UV($9"\-)FEH]J3LMI/89.?KB3X+ZA8C$\AUVL2_"*+<RU8D
MLT`P=!<,C05#8\'0LV`;SP5Z"H:>TA<1"S;=CL@[1>C:F[7"@Y1"][9A$]WI
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MT%[XT+Y@4R66JR_I*,WJ16`5-ZC(C7"3FV.X2=?$+1LEY$ZXR=TQW*1SXHZ;
M)*1VI`ZIM>7;$ZG]]M-?_O37W5<RL!K26M9[<UHK-J55,-):L"FMF^&A?+O[
MZLV&K`H=6:W8/*4*R&MP=B$/+QF10>$A@\I#OB:>^."'=`D1Z5(BDM.)W,NR
M:4N.1KXY1^?C.GJ\,5@"8;W<L#$7BMVN%'O9L&F:,.W"'>Z^M1MNYEXU;,I%
M.T;_F(>LGEL+'^V;A.F^8?8#,I;6\4V.>K.E3&];KV%,CPUK3#I9)J*0"%M,
M#I.E7VK.RRISFA0-\U.[655LF@`(['>$R\F0G,)'NS8#2(Y@)*(>U]N1",'N
M$NQU@B&]]$5ZP1X2#+&E'6(+]F[&@KZV1!ST/>HZ<U[6E;/V%7-=T%XP="Y8
MS(=<9[Q=RP?:"Q_:"X;V!:L7E;`L)@W2A30(1AHZS8$R0F:D*YD1C,QT.IM/
M85Z2I+%+2)(M)I](4GK%.*_+T_$^K&%3@FH[QTA0P:8$)5<,;S;D1^C(3QN*
M/R8F006L5XP@!0D2'A*D/&2H\QS.D/"1(>4C1<?PD:J1+Z3*%J!#JKQ>U>7L
ME)**N?S,&<%(B6#4IH+%"T>X^C)GI"\YJ7VGE-1VM=R'^4A.A(><"`\I<9[#
M.1$^<B)\I,3Y\FDS\H1<V`HVS45=VDZYD.4NN2C8-!6X=H3U+OGI[=I<(#^"
MD0LY!KD0C.DA&/H+AOZ"H;]@5"C!T%HPM!8,KX]8T-=6B(.^AZX=W^5UJJXQ
MIT2,Z\[EXDPB!$/T@L7D!..2B-ZN)8=$"!^)$(Q$%*Q>2.(/-Y$4Z4-2!",I
M$T]\Q$^"I`\)$HP$=9X#<XN<C5U#SFS)^43.\A35->J4HG'=VE(D&"D2C'04
M+-2M^$-CI$CZDJ**;?P/SLA1`\OR(TF2,)&DULF9R%(#"U.2)F$B3:V3,Y&G
M!G*AZ*OI9`72VBT7@)`H6T#^JD35%>>4J'$5VA)5L'G>Q#?1R%UOUJ8-N1.,
M/,DAR%/#N!<=3C_<<Y.ZTH[WJ);2'M_R8'XUHGY33NH:=I"<;$[D+^)?&S+I
M&E$G)YL-.TA.@B?R^#.PS,#&8]PAL;;J/)38^%8`;Z_*$YF&37<.I=V4V,NX
M.4MB>[,AL8*1V'I8/P2)+1C?$F]]2:)@Y$WZDC=I1XX*QOL8C8^T2%_2(GU)
M@?1%]K'O+/O%4ROZ)1!6]`WS<[]956Q#9KNG5R?#;T/7A:2W:^?T<NC;L'V"
MO4JPNP1[G6!O$NP^P1X2[&V"/2;8NX9EF_@7MNX<;-UO?)=`U-<:@TWZ%BSJ
M&YZ(WZXJ'^V:ENC;^S8,?05#7\'05S#T%0Q]!4-?P=!7,/05#'T%0]^"I?K:
M\G#0=[S92B_<O$E:R\;@UTW<6=JM6KL--]+=V/*4!/]7/MHUD4G&N&A=)@#)
M*-CT2&0;+\ODIS=K=.1',/(C&/D1C/P(1GX$(S^"D9^"E>]2A[IA:[U?I7M=
M'([7X8N"30^BJ!WA7A6->[NF"1)7/I\K2%S;V2;Q\K)]V.-`W=ZB,:%NP8:7
M-5"WMZM,X=D06O<6C0FMA0FM>[O*%&8NRO<6C0GE"Y8J;RN[07FO*'7)-RE<
M,?:DW,5('#92D=@;ME&@<04GC0LV/<&7!Q@(W?C*-NDJ?LD3V4N+X6U,9#^&
M'.T#>7S(3R:$G$P<0TXZ9O+3L[`/0W)&\C`M;%F8)J>N%Z?D%&RZ,R$WX7Z0
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M3F<7P3`3T7JD"5K;TF70VCU:US23P`4+'HV+>`IJ;S=XM/)-'A4,@0LV>U0P
M/"I]457:X5'!D%#Z(J&T0[<1FW6SOSE*=5L"8=W1,#_WFU7%@C'CQ?"VM1O6
M+"\3;-^P:LP7JTVX-WO56@S*WC5L8'_=L,X4[F7>M`8#T7W#!J*'AC6B>&YO
M6X-"%/2U)4GF2S;AZOJB>6NWJECT9;@31//2EW:M+_J.:Y^ZE%`,?4N[X:11
M5#`4%3X4E7:(*!@B2E]$E';H-F)!-UM2#+J5]9K]2E2?V9NZZAAG=L-<&=0J
M[:)#PYTZ"E8^[XM#!4/!@F&'`S4/4>MAQQ*J=(AZ#!TZ"QTZ%VPV:Z>S$OIB
M-?S1]N(*5!^9@NJVG!A4=ZWK.F/2NJY'^*<O?%<G\1?1T+^W&]Q:^2:M!4/K
M@LUN%0RW2E^$E7:H*!@J2E_<*NW0;<2";G:G/^CV[.Z"[1;$U\0;YIJ@75U"
M<),Q:ASN+?%NY?.^>+<=PY]3(F@!ZZ/C^+=[N+8><'*M$J'N3*3%58A06HF0
MNA/Y*<KM+NJ/?$%]6R_\*O7K0F1R<\%B[0WG149ZN\'-E6]2OV'4N)ZZ9`%<
M^=HF?C@>"2D\PPS`[4=QDZ/2KG''M3730<A)TE'DY&TFCVMK,C:2AXS98N-0
MQN(FOGU:3.9+P::,R88]">O-AH0)QG01C-DB&`D1C(0(AOB"H;=@Z"T8V@J&
MG`4KQ3[(:6N0+J?].NM2ZJ]7]C$-D:U@8:,X/CQ"M]YNT$TP=!,,W01#-\'0
M33!T$PS=!$,WP=!-,'0K6*J;K2=2W>K:9"H0!8NZA44*NO5V@VZ"H9M@Z"88
MN@F&;H*AFV#H)ABZ"89N@J%;P5+=;#V1ZE87))-N%5OY$UY$4I"+F(+(5$&O
MK<@D&#()ADR"(9-@R"08,@F&3((ATXC-TY)?6IUD>O:N8.FPK+G\DL'M6MCH
MVZU:.]?D)L%N$^QE@NT;=OB1PZNA67/V78*]3K`W"7:?8`\)]C;!'AN6;7Q?
MVJIB<.?SLI=ER/0^YD(2'K%5;'H,(4]Z4+W0T:S)A.KU$)XQ5*_MGGH*@>"]
M16-"\((-3R$0O+?+GT(@?V_1F)!?F)"_M\N?0I",WJ(QD8R"I<FPQ<:0C'YI
MNJQKE[%4-,Q5PM>U77@R<1YVVY'=&[:1H7L%G1'=*V:[(D_?F:%^(RR/)C;G
M81Z2"V$G%T>QDY':[J2^O2&/%DF0T).@H^A)TTQ_=A&_CTK61OI0N6RIDV:M
MKI6FK%7,-29K!9ONS58GYV$G@Z3U=D/.A(^<%<Q^C^M@RDJSNE,3?Y&*A`DU
M"3N&FGQ-U-$+)$NH2=8QU.1JHE[%#^>2J9$[9,J616FFVEJK5R&N&Q6;,E6P
MF"G9':E]:3=D2OC(5,&>S51IUO;4XM?S2)5PDZICN$G5S!U?."57PDVNCN$F
M5S,WGSN9M\Y)UD@>DF4KHC19=<TU3:N*N>!,*\&80H)1]@0C,17S%S\H<=(.
MX05#>.F+RM(.805#6.F+BM(.W48LZ&9+GU2WNB::=!O72?7IB?UVMZV#AGM0
MA%,0Y:0WR@F&<H*AG&`H)QC*"89R@J&<8"@G&,J-6%#.%C^I<G55-"DWKI2:
M<A6;E5,0Y11$.@713D'$4Q#U%$0^!=%/0014$`451,(*+I,M2&CKH%3"ND":
M)!P734W"BLT2*HB$"B*A@DBH(!(JB(0*(J&"2*@@$BJ(A`HB804'"7_WRT]?
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M&4.T'*4QSN_<SB_3C/,[M_/+8IS?N9U?%N-S@^9K?A1`QTG,?,T'N=/8A<6R
M/-BG!#D'/O:G_>P;>A;+?,:IG=BY9W5P^7&?J_++/<JZ_$S/E7V@./.:?2&=
M2Q6?*4RCC(8HGZY,HWR;DB@?GDRC'Y;H'Y^.VK73?G=-QXRZ5L%27KY2:!4L
MC:&@5;`TQA<%K8*E,;Z\>7IE9Y.,A8]FGE[9N20QOAA[>O4ICWUOL<]YC"^V
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MBY&F4TM3%B--IW:\+':[6IFUR[.+8`MB5N3*$[P0>[E:G5DL2SUZGELLORRM
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M\L.&L;+=L".Q3S<DOF<=_#E?!K,*WN>+8/8B]KQ`DAR'G8A]NA%QLT'K=!OB
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M[-B+V:=;,3?LQ.SSC1CV&_;I=L/M&7W*`]5P%W)[AM;IIO0M.PW[=*/AACV6
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M_O?K-[Z(O/S?G[[\\']??K;6-/[SUZ_?VG_8`?[]]>>_+H]T__#_`@```/__
M`P!02P,$%``&``@````A`.ZTTZ&*T@``%H\$`!D```!X;"]W;W)K<VAE971S
M+W-H965T-#$N>&ULG)U?<]O(L?;OWZKW.[A\'ULD)5%*[>84ER1`@.`?4223
MG#O'ZV1=6:^W;">;\^W/,YSNF9Y^0(I[;K+*3]W/`-T/!H,A1'_W7__Y]/.K
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M&=R^>Z_:I_]#\I\^OO_R^>OGOW][`[FW\4#YG!_?/KZ%TI^^^_$CSB"4_=67
M#W___O5D\,?)YG;X^/KMG[X[E>CX\<-O7\W/K[[^]/FW^LO''[N/OWQ`O=&I
MT(._??[\SQ#:_!@0DM]2=G7JP?;+JQ\__/W=OW[^MOO\V^+#QW_\]`T-OPLI
M[S__C)'POZ\^?0PNP,F_^\_IO[]]_/';3]^_'MV_N1O?C`;#N]>O_O;AZ[?J
M8\A]_>K]O[Y^^_SISS%H(%)19"@B^*^(#&[?#!_N!G?WOT-E)"KX[__]4&Y%
M!/\5D>'@S</=W>W]PQ@G=.$D\-M3)?!?/8E!KL2%Q'M)Q'\UT9[]A<RQ9.*_
MDGG[9G![\WN*ADOV=-3XKY[OPYOQX.9Q%$[WROX]B@C^*R)W;VZ'=^.'WV."
M`4P:K13<&FTR'/X?=)(E\8.6Y>I3&:@7PP^2/1C]WJH.U(OA!SV&)'*AHP/U
M7_A!$D>Y'Y<RU7^X3#5S;*IW*54=.,@6')GK[U*J6G"0/7AW9:I:;Y"]=^T!
MJ^$&QG$7+\ZAFBO\('4=7G==#]5/X0=)O;NJ)4/U4O@A95XUF0S50.$'21WD
M0:^\+L/D>;JDP@_IK//$>J&Q0_5$^$%2[Z]K[%`;&WY(Q_Z[[PG:8]SF5.4N
MSZ=75F"DS0L_I`KDN>E"!4;:O?"#I-Y>9YF17L7AAS2JSLR7QM2&C7+#\-.E
M#+T`1_D"-$:YE*EM&N4V77G?N=6K*?P@YP>?7ACL5OL0?I`,LT[@S+=QG7%:
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MGCS8>?#LP=Z#@P='#_[LP5\\^*L'_^W!9$(D-5-;-9E2#'5O0NV;4/\FU,`)
M=7!"+9Q0#R?4Q`EU<4)MG%`?)[:1Q?6`>Y.]'O36$#">5\VM83@:ES[_(<8,
MXO-JF/BG1&9$YD0J(C61!9&&2$MD2:0CLB*R)K(ALB7R1&1'Y)G(GLB!R)'(
MGXG\A<A?B?PWD<F$$7=UPFV=<%\GW-@)=W;"K9UP;R?<W`EW=\+MG7!_)]S@
M"7=X4K2XN$"P3.V[0`+&.@O3A5D\#6[<)2)1HW3[F!*9$9E'\H#5;=(>W[B[
M3)6"=.ZJ12C?JQ9$&B(MD261SI*B.#C$ON($?"J.'ML/0DPAB,R(S",I"G$_
M&)4UKE*0#E:+D"D$D89(2V1)I!."QR[3F7Q`16WP<-A7FX#+V@@QM2$R(S*/
MI*C-[>C6U28%I=J(D*D-D89(2V1)I!-2UB8?4%$;/)#9VLB3RINPK_;MIX_O
M__G#9]1WD!Y40GA9LTC",U9JQ/#NOCS[:0K2LY^)4"[U/)+1X^GQ9W@SR`=\
M>I:ITN]5HQ8-4\%(PO9).IC[47;%2:BAM+8G;7QS5Y[#DM*ZWK1\ZD6=\6QG
MZZQW]X#+>D8R1@_3*8QOW`U_FH*T%C,1,O6,!#LC&E,1J2EK03$-Q;04LZ28
MSL84A8`K^PH1<%D((?F,II'<H>RY-,XE,\J:]V1AU[=L;A6#[F_BL_?M:%#^
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MO#,>.95:?E\8IV?X\2`O<>*"BH=O=:RBP7Y'>\F)G2(<A;W3Y?MU6=RPU.TK
MKBR!;7$%V>(2FH4/%\L9:\ZH$F0J53-:""IZ-Q[X)0++MXR6C#I%/1<BJIZJ
M`E.D.UW@[OXOR%:%T"Q\;NJK0JB2J*(J,<J@!6LUC%I&2T:=HIX2A/6G&L.6
M0%:JUA@1N;G(W92GX?-?E*"8BT0KUVXN4>9"K`29$M2,%IS8,&H9+1EUBGJJ
M$I:1?571Y66:57\('UJ7+9\**OT\=!LM,TZ<,ZI42Y[VAFX97\OO3=46F@)+
MY27PD!:.=-QM?Z);/"TERK2N4X2CL$/FU5,Q%X6GSK[BGGAYU2G*SIDRFC&:
M,ZH$F4K5C!:<V#!J!;D.N]XL.;%3Y"J5[S!EI>Q*W%R<0UZ)*[*5DJB,9APU
M9U0)*BH5M0Q:<&+#J!7D*N5NC$M.[!2Y2IVYOX5W,GH]Q6OM4VBYUF8T8S1G
M5`DR9:D9+3BQ8=0*<I5R=\$E)W:*7*7RQ%QZ*JQZ>Z:VH2RCS82O*!MH*J@\
MR)&?VCAQSJA2K3BUY<,]K95J^:TI[4(3BHG-[T`T/%+;F^BGTB4G=HK*TH[R
ME%B6UJ[K[>7*Z_JA(%O:B%QI\QQZ*LN,$^>,*D'RY.PW#6K.6&A&65LWHS6<
MV/8F#G.%3H>]Y,1.D:OMN:DP++#[;"O+=VM;6M%/PQM3Y4UZQFC.J&)4,UHP
M:ABU@LH&LPOI4#O5<I7*DVCIPK`R[ZN4K-AMI6@1/PTOB/E*$9IS5,6H9K1@
MU#!J!;E*Y?,53]%Q=:KE*G7NIA$6W7V5"MPM1"(JU[XC-SE/ARE*'[IG@LQJ
M:<ZH$B37J_=$S1D+S<"(>9%'&UV<V/8FCMSLN^3$3E%9V]L\]Y<N#&O^OMK*
MLX!U(3T>3,.[AMZ%A.8<53&J&2T8-8Q:1DM&G2)^B`B%ZBV!K+QM"2*ZQ3TX
M=?/N,4^%)\-/3X+?OT94ME=*5#3GJ(I1S6@AR%BU8=0R6C+J%'%51F=6_R=>
M7G2"RHONUCW(3'.4EF#&:,ZH8E0S6C!J&+6,EHRZ`A672WBAM<\K)^ZJ$I?B
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M`V$=W]<!6=_;#M"2?QK^NJ5LRHS1G%'%J&:T$%0VV&^?-)S8,EHRZABM"E06
M*BSM^PH5E_R%507E2W.*.3`4JCP3]T`QDR"SXI\SJE1*7L.X<R:I.64AZ`'K
MM#2#CKV?&TYL=:SRL=:Y:\F)':-5@8K2AIM-7VE/O%QM*S*E931C-&=4,:H9
M+1@UC%I!97_IS0Q.[!BM"E06ZLQC2?A3+7<?5V0+)5$9S3AJSJAB5#-:,&H8
MM8R6C#I&JP*553GS6'++CR6"RH>U@;L.ISE*[SXSU<JUFS.J&-6,%HP:1BVC
M):..T:I`9:'./):$?0YO'WI(F$I487%^I4.U;*%(JU(M^:S![%J=ME9J5EEH
M2CD5N359PXEM;R*]TL&)76_BK5M?K(K$LMSA8:'GCG$K#Q'FUJHH5VW*:,9H
MSJAB5#-:""JZR2]Y<&++:,FH8[0J4%DH]]BBR^5;?CQ19`LE41G-.&K.J&)4
M,UHP:ABUC):,.D:K`I55.?,0<<L/$8+<M.86!M,<E:<UT<JUFZM\1A6CFM&"
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M#G?TF#`55!XVO6;"B7-&E6K%I9]_"*TY8R&HG"'I/1-.;'4H3+KYL==_FKOD
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M[#?(?]`P6U3)S&C&47-&%:.:T4)0V/)-YA[?NUM8DZ/4W"VC):..T8K1FM&&
MT9;1$Z,=HV=&>T'&O0=&QP*5_;=/5O9"X2>K.WJ,FC*:,9HSJAC5C!:"'G`Y
MFI[2PB`>%Z)R3R/""Z:*EOU:;G72Y2A-7`DR6FM&&T9;1D^,=HR>&>T%%6V6
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M!SV9YR"M4ZM2UA[Q?`JI\=@M&3K66K'6.D?9FCNM38[2X]JRUA.C74ZT\NY.
M^)RC5'ZO6KE!AQR5M>A5M&..(GN$S8+?L62\E_T&LRDN*'SLG&[L_%4X.4I/
M9\9HSJAB5`LR-]"%H'+%.'8K@B9'Z4&TJF6M%,_1:;E;6,=:*]9:YZA<G/'8
MW1<V.4J/:\M:3XQV.='*NPGV.4>I_)ZU#CDJ?!$K?Q/1,0=`IIQDPLZ"<5&Z
M"<F.@W6+H/"5$LDN8_]E(-/['*;'/.MA\QY6];!:6;YT%H+,NVV-HKS4;#71
M^B,>FTGL.''%B6N-RHO;C:(\XE83\Z$^*<H'L=/$K/6L*&OM.?&@43GQJ.B4
M6#;VS/[./>_O""HV),8/[IXZS5&YK5$+B8KF'%4QJ@45TP#M*#4<U3):,NH8
MK1BM&6T8;1D],=HQ>F:T9W1@="Q0V=,S^T[WO.^D*+=F*LBUV:UM9CDJ]S3*
MFS97'%7SB`M!X0^6TH1!KULV$H6_R0BSUYV_\[>J<OIW.4Y/6$M%%X6[4GC@
MO\ABI2I9>*WHHO`F"]OS<G/W5J*,R9]4/H^X4W1QQ.>K1MRK5I8_*+HH?\SR
MH07WC]D4I?_<=E[<I<(7CJ=/,^]Y8T^1=6*,<DYT*^.9)!K;S1E5C&H><<&H
M$13^%,B8TS6QE2C\&95>#DO6ZA3=C$\>'HS]#OZ*==::E`NS$227@CN6;4J(
M5\H?<I=.5\43C[%+*>GPG_,8%\Y[SUH'UCHJ2N=][B^R[^$_N\SH<4Z(<$^]
M@G*!IB>=TU_>Y8,?/[CU_2Q':=/FC"I&M2!SR2X8-8*D2T/_RD8KOR\\0Z?2
ME2I^BW3%(FM!YN@V3J3\6YMM2CAGF'A4YD!W*<48)D9=OE#VDFBT#JQU%*2E
M>\R+C'*B"9MJ9E7:8Q?9=K/K4T'6+A&YB<8]K\WN4U2V"Z&*HVI!IB$+1HV@
MR_5K)<K4;\E:G2*YX(8W]"8`ZZPU*1=F(TCZ8+Z6\323;%/&.>/$\IB#W:44
M8YP8=?G$]Y)HM`ZL=5243OPNSXZE=<YLL=[S%JNB7)>I(&<8]S`ZRU'9,%'>
MW*PJCJIYQ`6C1I"I2,MHR8D=1ZT8K3EQPU%;CGKBJ!U'/7/4GM&!$X]%5-'3
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M6.N8M4XGG>?2TC-AZ]`L276C="S;G68AJBCW;2K(V<)]!#;+46J+.:.*42W(
M7+0+1HT@T[Z6T9(3.XY:,5ISXH:CMASUQ%$[CGKFJ#VC`R<>BZBRIVZ/E!\S
MQKQ;JLAVE_8N9Q)5-/S6_T,<\QRE#:\8U3SB@E$CZ*5Y(!ZJ\<"2M;JL%2X)
MNFN0QIHU-J7&@[MC;E/&N7F`!MFE%#,/Q*C+)[V71'/2!]8Z"H)6..G'O*E0
M>L;MP4;/C-^$[P;K_?<G>&\V_%,58:O#.HC03*(*!XW-`[/<26*BN6U4.5%-
M5?.("T7FLY!&6/B*C@M;8A)EJKGL$>NR6"@G_LWA\D:P8IEUC\RFE/'O,6\U
M1;I&>V(\RDY3S)D_YU$NG/F>Q0X]8L<L=KJAF#<62R>YW=1T1^$]U/`E$=XQ
MA&8<-1?D3.0V#JL<E1U#\@N),F5K=$3\&P;A5,>/;FNEU9R\:ELJRI]B=2IS
M<W^2N1O=Y8OO9/.5)F6=M:*LLU$=.9S!HUMW;34@7WE/*I.5=XJR\K,FAG^L
MX?REL=?,+'90E,6.*B:G>S\R?X)5.B3LO/6M.60WT:XY(G*-SFN94QFGX55:
M^,C,%C-&<T85HUJ0F<46C!I!<GG>#EU'6OE],9G(V>4F=5GE0O57K+469`YR
M<Y76EA.?6'['4<]7R>]9Z\!:QZP5KBY;O-(F89^MSR9Q_\U^0<4X(F<3=[5-
M<Y3.!S-&<T85HUJ0Z<""42-(;.*_M;257Q<ND9.S+HE(1/S;2"L66?.1;/*1
M7+#:5K7LPVX<W1SCCN6?KY+?J[R=1^A\CUDKV,/,F:4[SFR(CGE#5%#A#O.)
MCLPAM-,YRWGJESFCBE$MJ#"''%;N:R-1TM?QT#TVM?)[4_DE"W=9Y4)C5ZRU
M9JW-55I;3GQB^1U'/5\EOV>M`VL=L];I#FV*5[CDX<P6ZXF76ZR""I?0G7^:
MH]03,T9S1A6C6I"U":-&D+%!RVC)B1U'K1BM.7'#45N.>N*H'4<]<]2>T8$3
MCT54V=.P_=9S7WB0?4*S?%"4K[JI(-=F_U%(CM(VSQE5C&I!14]I_[*1J**G
MM*FX9*V.$U>,UIRXX:@M1SUQU(ZCGCEJS^C`B<<BJNQIV,?KZZGL%=J>TO;A
M-/QM9_D<,1/DVNP>UN8Y2MM<,:I9?L&H$83I_,)$W$J4Z?R2M;JL%68W_R+`
MBD76+++)(A<.:,N)3RR_XZCG+!^.\0\/[NEKSRH'5CF6*GEA7[KCS";E`V]2
M"G)]=[LTTQRE?9\QFC.J&-6"BBM>CBM/.XU$F;ZWC):LU7'4BM&:$S<<M>6H
M)X[:<=0S1^T9'3CQ6$25/0U;7'U7?-SZLJO[!T&YG%-!KLWN*6R6H[3-<T85
MHUI0T5,ZB$:B9`'GYI96?FLZOF39+FM<N$A7K+5FK<U56EM.?&+Y'4<]7R6_
M9ZT#:QVS5I@\<NE*BX1-P#Z+R*ZBO2G01N,T_.%%W!3(E1V[C9Q9#LH.27F*
M*HZJ!14.H6-H).JE>T),+)Q"6EW6.JUX_1_%KN3W1F7-![G)*KDJ_*$G)SZQ
M_(ZCGJ^2W[/6@;6.6<N?<.F2L*77YQ+9ZK,NH=V_:?CK3^\2_VPXRT%JB3FC
MBE$MJ'`)'4,C43*/W+FU:"N_-HU=LFZ712XT=L5::];:7*6UY<0GEM]QU/-5
M\GO6.K#6,6L%DYC:E1X)>V]]'I$].>L1VJ:;/A":,9HSJAC5C!:,&D8MHR6C
MCM&*T9K1AM&6T1.C':-G1GM&!T;'`I4-#-M$IH'QXZF[L_\\^H-L*]G&TD[3
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MBDY1I1G.[.D]\IZ>HCS4E-&,T9Q1Q:AFM!#DS.`>-IL<I55I52N78)FC;(7=
MUG^7HU1KQ5KK'&6TZ$L#<I1J;5GKB=$N)UIYM\WSG*-4?J]:N4.''&6U\G;/
MZ7HZYBAHE?XXLS_XR/N#BO+H4T8S1G-&%:.:T4)0X0__,5V3@[1.K4I9>\3S
M*:3X2P-8:\5:ZQQE:^X^%-WD*#VN+6L],=KE1"OO[H3/.4KE]ZJ5&W3(45F+
MOS0@1Y$]W`;A2\O#1]XX%/3"EP;D*#V=&:,YHXI1+<C<0!>"RA4C?6E`CM*#
M:%7+6BF>H]-RM[".M5:LM<Y1N3_\I0$Y2H]KRUI/C'8YT<J["?8Y1ZG\GK4.
M.2H\$/9\:4`.@$PYR9S9DGSD+4E%Y9<&W+@[Y=2$Z3'/>MB\AU4]K%:6+YV%
M(/OZ$J.6$Y<<U3%:<>*:HS:,MISXQ&C'B<^,]IQXX*AC@<K&AMTT>GJT+\8_
MRGZ;>5Y4E&L]%53N.C^X*6^6H[3G<T85HUI0,2'0/F`C42_L*4J4W31B^2YK
MA8O%_[W<BD76++(I1<P6S.FFODT99]Z(Y4%V*26_$9L'R5,$[5ON6>O`6L>L
M%<[:K)Y+TX2-.F,:?8_Q43;PK%5H3V\J4<XJ[MENEJ.R5:(6$A55'%7K0>2H
M!:-&D#%!RVC)B1U'K1BM.7'#45N.>N*H'4<]<]2>T8$3CT54V5.W#\AOQC_R
MCJ"B7.LIHYD@UW!W0YCGJ-S=.*)I>,WR"T:-H)<F@BAO/+!DK2YKG28"_\+K
M2GYO5-:LLBE5W$ISFQ+.301TI+N4DBZ&YSS&Q8F`M`ZL=<Q:\:QSMTK7N,W'
M-!/P)N,C;S(RF@ER7G'KG7F.REZ)\H57:,0%C]@(>LDK4<MT><E:7=8*57MP
M*\J5_-J(K%EDDT4NM'&K6N9]1$7Y'<(=RS]?);]GK0-K';.6.]_2)&=V+1]Y
MUU*1G5!BE'.$VQ:82:)I_YQ1Q:CF$1>,&D&F<RVC)2=V'+5BM.;$#4=M.>J)
MHW8<]<Q1>T8'3CP6445/!S=NCY+O%S&DW*Y,S#2XA\V4%5WGOZ8R86DBZ&&U
M,KM^[&&-LA<F`PTS=E@J,T-TRB`7KH\\AYZ6?RO]M9%9*S,R&V4BXU9*6_WU
M0'Y/?Q&C`6:<G3(SSK.RRV>_US`C=U!FY([*Y+#,/__@G.0V./N<Q'N=@QMA
MA9.(P4F1%4[BOZHR8<9)*549G$1#+'H8G!3C+M>RU3!32SB)AH"3DEQPTLAY
M`%:*OS<ZL!+IP$J%SM#=H>`ES3FS$M$`,Q"\I$EY+:+L\OG#2S'5R,%+)`<O
M129>NL];K<Y+9S9#!S>\&YI8X:`85[K%+=?@J12EQICWL*J'P4!R)'E4&(@8
M#!29G+%YU_\T><`Y\?>F<G`.Z<`Y2>?"<@(&(CD8B.1@H&ODX"-*?5)FCAC6
MH3A,0]<,`>O$,",'ZY`<K)/DPJ5C"NFLXS9*=2D[N.$=T<1R$Z?*2NL\^H6*
M"3/>B4,@51F\0PS>D4/)<?`.,7@G,E,:^(48_$*Y\`O%P1S$8`[*A3DH#DZ@
M.#B!XN`$BH,3*`YM)X:V4R[:;N-<J\_L9@YN>#LSL5QSM%KB,L.<$%G1_H>;
M_'57I\L6TT0*,ZTFAE;3$&@U,;0ZLLOS++H?PXPCT'V20_>OD8,A2`Z&(#D8
M0IA^B\NM__`'_J`T^(/DX0^*@S\BNWSRL`S)P3(D!\L(ZSM:YZ#>;=/S+]T,
M;G@7-;'L(C@KQA4N\I]RP&LI2DT$8Q'#'$(,QHK,K-1@+&%VJUSA"W\;KF&E
MLU@/UHKPLAZL%<.,'JS%>O!6TCLMB?S7$L-9DI7K"V>1.IS%ZK!64K]PVX2U
M2`_68CUX*^GYHW7.<GNK+WU>-\#?%)_^PL-LNBHK7#1RCQ_P&NVGPEG$X"QB
M<!8Q."NRTEG*L'Y+KXOP-\)J+OZT*91G>.._/0(S6%0ROL`,=I4ZK!?C1/W^
MCK;S-<*HPW57J<.(A?KPYM%5&DY4I71_AQ,C,R/"B1IWL5HP9XP;Q;^>YS\P
MT0`C#EM>)0ZGQC@I%O[O(*]_G5?#5J+Y'("\NO_\*Y[_T=+3S6\RP,3*7HVL
M]*K;\(-74Y3.>/`J,7B5&+Q*#%Z-K/1J9/CB01T#M]?(1IG!B9&9XL*)E`O7
M42YF-\J%SR@7GB(&%T5FCADN(CVXB'+AF,C,>6#NHER8A')A")OK'!"V1<D!
M]N/#P8WLPA;S4V1%SQ]N\D/=R2YH>@K3AJ#IQ-!T8F@Z,30],E-`W/HB>^$;
MJS7L\DH#UA"UO`4+:UPS`MP2PRZ/``/1"##0-2/`4VF$,,<.>J:I&'!A(XD&
MA]NN&1P&3(/;^X"[SN%)&@&>O&8$V#2-X$_/>?;,=O3@AO>CE3FGNK>SX-2T
M26V<2@Q.)0:G$H-3(RN=2@S34V1F*H('B<&#E`O#41S<10SNHEQ8B>(P/5$<
MIB>*@V$H#NZ@.%B!&*Q`N>B[C2M;';Z\Q4Y/Z49T^H7;FE:6EXO3@3#7_GP_
M/$U4,Q.F[9_WL*J'U<J*5O.A-!I7M%KB#%MJG-'KE)FX50];*S.Y&V4F=ZO,
MQ#TI,W$[92;N69F)V_>P@S*3>U06<UVKPP:AN1/E5L>=0_M7DX.!L*+5Q-#7
MR%S[W5LM:'4*T_:CU<30:AIBT</0ZAAW^5;0:IBI)+I/0Z#[2>ZTMG;?RJ6_
M-C(P`LG`"*7,K2L#7$%)3\J,.%Q!<7!%$K]X>Y`P(P>CD!R,DN1.IVS^U7;G
MFK`WV.L:V4BTJY;P1EOYM_28(")S#G';\S!2"E.'P#7$X!IB<$UDYD*`:XC!
M-9&9VL`BQ&`1RH5%*`X3!#'X@G+A"XJ#%2CN29DY/EB!XF`%TL,$00Q]IUST
MW<:Y5H?]P-Y6R^9AT6K:4$2KB:&OD17M'S^Z3U70ZA2F[4>KB:'5-`1:30RM
MCNS%"2*&F8JC^R2'[B>Y>+6X51FL0$*P`@G!"DGHPE4,=U`JW$%#P!T4!W>D
M(<*Q]CSZLA"L0D*P2B$TN,\/[<XW85.PUS>R6UCXAG85X1MB\$UDA6\>;M@W
M*<SXAAA\0T/`-\3@F\A>]$T,*WU#<O#--7)P#\G!/20']R2Y:,/R1@7;4`YL
M0]JP#<7!-DG[@C,QSY`<S$-R,$^2<X?JO!,V_7J]HUN$::OAA\$@,N>);$MY
M*,YAZ@G8*:4JPYQ##',.,7@G,EP.F@OO$(-W(C.FP.V%&"88RH51*`ZN(`97
M4"Y<07%P`L7!"10')U`<G$!Q:#LQM)URT78;YUH==LUZ6RW;;L4TH5MQJ>:8
M)B(KVC\T;^#JHT8*TW:AU<30:F)H=61EJXFAU9&].$W$,.,(=)_DT/TD%RX6
M^@@(5B`A6(&$8(4D=.$BACLH%>Z@(>`.BH,[KAD"AB$Y&(;D8)@DYT_=N2=L
ML?6Z)^Z]85VC[<9$(2Q?L7!/9(5[_#]=B7DB1:D:S$,,YB$&\T16FH<8S!/9
MB^:)8:5Y2`[F27*A@J.A>_:&>4@(YB$AF"<)738/I<(\-`3,0W$PSS5#P#PD
M!_.0',R3Y/RI._.$C:]>\\0=L=(\D15&>;AQ*S[X*86I4^`>8G`/,;B'&-P3
M6>D>8G!/9,86N,L0PSQ#N;`*Q<$=Q.`.RH4[*`[S",7!"A0'*U`<K$!QZ#LQ
M])URT7<;YUH=]KIZ6RT;8\4\09MEZ&MD1?OOS3>?ZUTFA6G[T6IB:#4QM#JR
MLM7$T.K(7IPH8IAQ!+I/<NA^D@M7B__:83B!=.`$TH$3DL[E>8)280X:`N:@
M.)CCFB'@%Y*#7T@.?DER[LQ+[PS/;8:>?N$V0X45/AD/W+[&=)##U">S'C;O
M854/JY45WM'#R[>[1N.,*=H>ME1F]#IE)G?5P];*3.Y&F<G=*C-Q3\I,W$Z9
MB7M69N+V/>R@S.0>E<5<U^JP_66F"?I@]H?/^##>?#`[E#TT.WTHRW5'OV-<
M88N>16H.4UO``BE5&2Q`#!:00\G#+GH8+!#C7IH^),Q4&*Z@(>`*8?BP,UQ%
M@Y%Y7_DT*<(D,<1(P20D!9-$AB,+2F/_LBX<0TEP#(G#,10'QR3Q"],33$1R
M,!')P43"Y+3QSPOF!T[GJ;"U]KL\)?MSA:<B*_QS2Y^F#5.46@6S"C%8BA@L
M10R6BLQ</;"4,A3@THLI$H=7+6R86R]A\HERQANPV55#P'HQ3M]]&?F==3B/
MU.&\J]3AQD(=LX9[)1%V5*7TC`$[THBPH\9=+!DL&N/.OYW"XC#G5>(P;(R3
M8HUNS9=&.;^&_;U+?O4OIPQED[#P:V2%7^\>^3:8PHQAB<&PQ&!88C!L9*5A
M(RO>3I$XP^!$RH43*1>N(P:?42Y\1G'P%#&XB'+A(F)P$>7",<0P@U$N3$)Q
M,(1ES@)AE\Y8('TFB*^'HO>0A(6OV$_SP<.->WU[.LAAIM51#JG*T&IB:#4Q
MM)H8YB9BN-T10ZN)H=7$T&IB:#4QM)H86DT,K2:&5A-#JXFAU<30:F)H-3&T
MVC+7ZK`S9UK]\HI'MO>*JYVV_-!O8K@7$4._B:'?Q-!O8NAW9.7WD9B)[;3^
M@`52F-H,%B`&"Q"#!8C!`L1@`6*P`#%8@!@L0`P6(`8+$(,%(C,S'BQ`#!:P
MS%D@[+49"^2K73;FBE8+RZM,M)H86DT,K2:&5A-#JXFAU9&]\"5Y)LRT.J;B
M(E"&5O?*N?L3NI_"-!7=)SETGQBZ3PS=)X;N$T/WB:'[Q-#]R,KN"\N3*KIO
MXUSWPV99;_=E9ZWH/NVVH?O$T'UBZ#XQ=)\8ND\,W8^L_`ZK>_>Q'R[T%*;M
MPH4N<KD<Z'Z*R[>L,7U]G@E3.72?Y-#]/CG_"00,D<)4#H8@.1B"&`R1<LT1
MFX]>3S,=/)+"=`AX1.3R%8L9@H:`1VR<\TC86.OUB.S"%1X1EL>#1XC!(\3@
M$6+P"#%XA!@\$IGSB'O@@$=2F)8('A&YPB,ISE;<+6LP0Z0PE8-'2`X>27%&
MCKY8SX2I'#Q"<O`(,7BD=PCW<C`\DL)T"'A$Y'+/X)$49X_8/7/"-BD,<LXV
M87^MUS:R&5?8AC;H8!MBL`TQV(88;$,,MB$&VT16V,;_L15<DZ*T:'"-J!6N
M27&V:.ZS%[@FA:D<7$-R<$V*NR"'F26%J1Q<0W)P#3&X)N7:(=P[:G!-"M,A
MX!J1*UR3XK(<?^V>IJ+JD"M=$S:FK&M>7)&>$MPVK+`7OGHOO+`=GF<0IF<U
MZV'S'E;UL%J9N1\OE)6+5/^G:8T)TT-IE>%S#65+94[.W0H[$Z:I*V5&;JW,
MR>6]K-.-96/"5&ZKS,@]];"=,C>$FYB?39@.L5=FAC@H@]QIU_[&_)7-Z6"/
M)@)*SEQAVZYO2AK)?IZ=DI2%E^/2H^W8_[W<%%N>)Q<-S.>%L!%#^(@AC,00
M3A*8KRTX*3(LYK1"L(VPO+B%;22WL`WEPB.4"X]0+CQ"N3`$Y<(0E`M#$(,A
M2`_=)SUTGW+1?<I%OVVNZW?8]>KMMVR;%?V.K-BT&C^X;3^T.X5I&]!M8F@V
M,?2:&%H=63EI$$.KB:'5Q#!#$$.KB:'5Q-!J8F@U,;2:&%I-#*TFAE830ZN)
MH=7$T&K+7*O#?E9OJV5#K&BUL'QYH:^1N?:[]1-:G<*T_6@U,;2:&%H=6=GJ
MR,+R.TTR/7_H*:FX8X5I;^3_"`E6$!W[)U3*+FK#'3%5M/D?H-8`W/#UG&&5
M:XX;[DG:]O3<[`]#T='#4,1@J&M&A<>N&16VHQ%@NVM&@!/3"*$?=V>_'F,4
M]MZ,+>-RIOA+OU.(7\#$+3OC%!@T,F=0MR*'05.8-@L&)0:#$H-!(S/#XK9#
M#'-19&']9$SKN@I/QC#C&TQ/)`<#"M,/$<?^Z1FS%4G!@B0%OT6F7G8/;#":
MY@Q/%Q)_Z1,/!-=I4O(_+)8&NE`"6"R&F1+`8B0'/PE+)3!?`NLFNK"5]X*C
M9+>OF/+L#N!II01'1>8<Y1Y7X*@49AQ%#(XB!D=%5CJ*&!P5F?;-?XH,+\4`
M4TAXB83@I4*HQTBD`R.1#HQ4Z/CC@9$TYZR1:"`829.LD=)`EXU$<C`2R<%(
M22Y,3(.'?`4X&X4]P1=L)-N&A8WL5J+:*#)G(_<,"1NE,&,C8K`1,=@HLM)&
MQ&"CR%Z<F&)8:2:2@YF$I:MR[)ZT,#&1%/Q$4O!39&+P6S=7PD^:<]9/-!#\
MI$G63VF@RWXB.?B)Y.`G85J"AV%NK'-4V$$TCDH?)(QD:['PD;!B!1:9\Y';
ME8>/4ICQ$3'XB!A\%%GI(V+P463&()B!B&$&HER8AN+@$F)P">7")10'9Q##
MVH@8S$!ZN$M1'&Y)Q-!YRD7G;9QK==CUZVVU["06K196M)H8^AJ9:[^[X.8F
M3-N/5J=496@U#8&U##&T.K(7IXP89AR![I,<NB],KY?!V-U/80:2@AE("F:(
M[/*1P1\D!W\0@S]H"/CCFB%@&9*#94@.EA'6=_+.06&CT#BH;UTL^XN%EVC/
M$:L88O!29,Y+;E\+7DIAZAMXB1B\1$/`2\3@I<@N=PPS20PKO41R\%*2"_=R
M^EYD_;W1@9%(!T8J=-P5!0-IRME;3PPPX\!-FF1O/6F<R[<>DH.;2`YN2G+A
M]!_SDTYII;#+^X*53B'N$4N9G9:8S0;"G)7<_7MNPK*5<JJR6N.*.Q`/VVC<
M2U:25-.:I:::(3IED`NU'+J;ZDI_;W36RHS.1IGH#/):X+06W.KOPTY-&(B?
MK_B`=SG)>$GB+I__7E/-<1^4F>,^*I/C'IU;%=^&O40S+:4US.D7WD&R05DX
M*#+GECS<J4PP50I39\!!Q*H>!@?1L(L>!@?%.%.:MH?!+J0'NU`N+$(,%J%<
M6(3B8`MB3ST,3B"]9V7F/-!VTD/;*1=MMW%NV@A[B:;5/7>@6]ENM'<@9473
M[;:D=CBRP@@]W\0M<@A3(Z#I*549FDY#H.G$T/3(+E\V\$$,,S6%#T@./DAR
MX6H>YRGX=);P!.G`$Z0#3Q0Z#TX'_M"<L],&#02S:%*J'<R2!KIX"Y(P<_[P
M#\G!/TDNG/_@+L]WSDQA.Y#,-'X3WKOZ]M/']__T?SD0?!&^%*.PEK#LA>E`
MXS+#Y!'CPG_2[EO/5W/G,+41K)52E<%:-"RL):SXL$E@V/I,X]*_F`-OQ5Q3
M6WB+]6"N"*%W*N[(?=0"=Y$2W,5*L%>A=.=NSK"7))V_*]%(L!>/!'^ED2[4
M`/,3Z<%?K`>#);U3#1[RH3N#A?U!8[!\8Y*-P\)(M,$((Q&#D8CA+A19.*[4
MY/&C^Q@$1DIAQD@D!R-%5OI(XO`U3.&D[_S;PK"09.4/'&`A4H*#1`G?O7A2
M&OI]%7B(I.`ADH*%1$H.:FB6"+JT(27<PXC!-Z0.VV3U7%:Z=N`;TH-O2`^V
M$3T]\4?SY2G..&$_L-<XLGE8&"<RUWPW6\-+*4R;#R\1@Y>(P3C$,`-%9A9L
M,`XQW-PBDT7<^,$]6<,W,:"<>D@(ODE"%[H![Y`<O$-R\,XU<IB%2`X&(@8#
MT1`PT#5#P#\D!_^0'/R3Y,)U8ROIW!-V_XQ[^A9)LD%8^"@RYR/7+O@HA1D?
M$8./B,%'Q."CR$H?$8./(A,?#=VV`&P4?U_:B'1@HT+'OXD"_Y`._$,Z\$^I
MXR9;&$=SSJZ.:""X2)/LZB@-=,'W<!')P44D!Q<EN=/LFX_;F2AL)!H3Y7N7
M[#H6UHFLL,Z(9Z`499Q##,XA!N<0@W,B*YU##,X1EC:XS#^I<;I-P#PQI#0/
M2<$\D5U>J<-#)`</D1P\=(T<K$1RF(.(P3TT!.:@:X:`>T@.[B$YN$=87RV=
M@<*V8J^!9+^Q,%!DA8'&_I^?P]R3PHR#B,%!Q.`@8G!09*6#B,%!D1E[P#+$
ML-RA7%B&XN"/_Z7L3;8CR76FVW>Y\UHKI4REE(,[R%-]W]=IWO]!_LT@08+8
ME"N^4=6R!,P]:`;0'>$>$H8_E(L_%(<9A&$&89A!?)A!<2@O#.65B_(YKDC=
M9GY'J<>`<)-:0T-T[5B1O\R[ODIA(3]2S]3`D%H84NNP7*X(0^J.[5(+0VKE
M(K7BD%H84BL7J16'U,*06AA2BP^I%8?4PI!:N4B=XW:IG\K<=FX+MW\H]\:!
MK?O@+Q^,?158D;^,O+].84OJ04=J8-]&W%;5/NSW$7?=S'^(L.2('P-+A_@I
ML'&!DGZ&<XQ=QBDDGE\B)_'\&MCU:?V6PN*3_QY8.L0?@:5#_!G8.-4OZEOI
M?T5`(OH[L$3T3V#QF>>OV!73M('>J3\\C>E?[@^!+44QC::$F$88#A'VS0'#
M(8K[[H#A$,5A!V'801AVZ%A:PI\#2TN(!92+!82AMS#T%H;>PM!;&!(+0V)A
M2)RQHFL;M"5=^XW&Q5^&>1K3NDUO3?#06QAZ"T-O8>@M#+V%H7?'VO=5:V;B
M%U%76)09%IBI@6$!85A`&!80A@6$80%A6$`8%A"&!81A`6%8H&/)CEA`&!;(
M6+%`&X4E"ZS](`9GLS'_Z^%I8%MI"T-J84@M#*F%(;4PI.[86R^BKK"0%:E[
MZO8BZHK+SBE7*Z@_CQITJ"\ZU!>&^L)07QCJ"T-]8:@O#/4[MJL_L/4:`NKG
MN*)^FV@=U1^CKJW0![:I+PSUA:&^,-07AOK"4+]CV]MBSWX1=86%7*@_Z-9R
M4.@G.K^(NL*"#O5%A_HGNOH$)(:884&'(42'(81AB)F;_5H&*'ADAL4A\,B@
M6YK1(70(/)+CBD?:U.KHD3'BVCRBL1>;@3`\(@R/",,CPO"(,#S2L>*1-=>_
M7<)Q/3##8HGPR*#;/#+C\HJ7+Y3I$#,LZ/"(Z/#(C$MT?A%UA04='A$='A&&
M1XZ'6,.AVP+@D1D6A\`C@V[SR(S+9UPF0MAFAD%7;-/&5$?;C)G69AO-N;"-
M,&PC#-L(PS;"L(TP;-.QS39^$75%Q:+AFL&VN>;`]ER?1,,U,RSH<(WH<,V,
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MZ/#!I&L5]:%<,>`)\>`)\>")G:=4./Z(G->^3O.!,$LDS9M0S#(/M#K*X4M]
MT^$?T>&?2=<^_ZMO[GQ\;6YZ^X<R-PTL.VA@Q4'EIO.KAQ6V'&3LFT/<MX%M
M#O*I?!]QR1H_'+`?`TM\/P66<G\^8+\$EG)_#2SE_G;`?C]@?P26^/X,+/']
M=<#^#BSE_A-8S]W;QL<V,+MN&[>0*GJ>L]WZP9</$;>,@,(]KABA["M?I[`P
M`J+/U,`078?][H`A>H][JVV,L+2F^$"'P`>3[K81/Q4C8XH>D(@PA8@PQ494
M+CWQ1Z2\UC9\',P22:EMK.-<M@W3X1_1X9_MM!^?UKUA,5,;O;UAIC&=RWO0
MQSRQ"S,)PTP=*V8JS1<SS;`P#F82AIET",PD##-U[$TS];#D`<PD.LPTZ9J9
M'MZ5^TS,)"+,)"+,M!&56R7,%"FOFDG'P4R1E,TTCW-M)M%A)M%AIDG7/_\J
MIF*F-LE+9IH7L!_'B&^S4![[A84Z5NRRO#LN8P8=86$7+#13`\-"PK"0#HN%
MA&&ACB5OL`D)PR_*Q2^*PR+"L(ARL8CB\(4P-B%A6$%\;$**8Q,2AN[*1?<<
M5Z1N`[DD]>':]>.8V6VBYSE>B"Z,OM&QS0B'!^576!)]I@:&Z#H$H@M#](Z]
MV3=Z6/(&/A`=/IATM[HIFP>>$`^>$`^>V'@>2_O!'Y'S:M_0@3!+),TBPBSS
M0-=]0W3X1W3X9]*US_]^S0&*E]J4[@TOC1G@YJ6!K2[`!8TPO-2QS4N')^-7
M6/B&!C)3`\-+.@1>$H:7.O:FEWK8[B71X:5)U];2/VL^_CWQX"7QX*6-)[V[
M<*M&O!0YKWJI!Z0#X:5(REZ:![KVDNCPDNCPTJ1KG__3NH0H7FHCON2EM06-
M>>#F(,T(<5#'BEM*R6&J&1;.8`L2AH.$X:".I>M]'"0,!W4,!]W:1ZJ?FU;L
M1ST@24$?$A'>F4074M".1(>%1(>%[J'#2:)CUQ*&>70(&M$]AV`C$QWF$1WF
MF71U)8M[VG#NZ)XQZ]O<,["M_W1L=T^YSL,\,RJ91QCF$89Y.K:;1QCFZ=@P
MCW\::OS[[AWQX)W)<^V='I;H\([H\,X]='A'='A'&-[1(?#./8?`.Z+#.Z+#
M.Y/NUGC6C7"Q3IOS':TS!H6;=0:V6:=CNW7*)0/6F5').L*PCC"LT['=.L*P
M3L?>W+EZ6)*<[B,Z''0/'=U'=#A(=#AH8/&$\$?_#(^I<(_H<8_H<4_'KC\\
M[A$=[A$=[AG8Z6R+@=J@+QGHS:^6/HYIX68L31#9T3JV&VO=PL4]U8Q*QA*&
ML81AK([MQAK8]H7`"'SK9<$1MCO+?%BK@]=\6*N')3ZL93Z\-?E:K;]/4Y.X
M.A(3SA*&L\R.M2;[12O%6N+#6N;#6Y.OGNWNK.<R&W[36;>$,CX<V.:B]ZL9
MWM;GRX<5%2[ZZH!]?<"^.6#?!K8Y*\ZN_<1G^OZTG,OWD1M_"NBY?A?W0T0D
M7_P8V.T'1%]G_RGB!OO3<WVR[^>(2.R_!/8&^Z\1%^?^_JE<@/X6$8G]]P/V
M1V!O'/'/B..7G9J9#H_LCF5/!_P[DMX@_R?BQL=Y>/><?K:D>+7-+:^Z8/U+
M0\]C^)F[X,!VKZX[AO!JSR0J>5487A6&5X7AU8[M7NT8NT`<`U]VC)_%"0PG
M=BPM+DY4+JY3+CY3+CY3+IY2+BY2+BX2AHO$AV/$]U=@Z7-@$N5BB)Q;'-"&
MC7+`]N.8SV-&N6G>L4WSEW?EZT(:U`R+Q:=!"4-T88@N#-$[MHO>L;=^O76D
M7E]I8(W!EE][#HQ+T\L>U5.OCX"!=`0,=,]GP%/S"*UK/+XKMSH8K`>\_M,O
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M[H`A=8^[W@HH]!Z6'('Z.@3J3[K6&,O-)$80#480#4886-P=\_KO?,5KW'&9
M"E^('E^('E]T[/I#8Q718171896!S;--5^7%.6W>>'3.&$YNSM'`$N=TK+BD
MK#-FFF'A$IPC#.<(PSD=VYN$,)S3L60);"(,FR@7FR@.;PC#&\K%&XJC20C#
M#,(P@_@P@^)07AC**Q?E<UR1NHT'CU*/6>(F]<#6+0=2"T/7CFWR/Z=?<[G5
M!E+/L)`?J84AM0Y!DQ"&U!V[KA?4[V')$:@O.M2?=*U)\`W.7MM804180418
M81)=7.CACAD6RX$[=`C<H4/@CIG;SO4+G2Q>$1->$1->F4SGDRWV:?/!HWW&
MX'"S3\<V6[R\*Q>\.&J&Q3K@*&'81QCV$89].K9W"F'8IV/)%WA%&%Y1+EY1
M'/80ACV4BST4AQ>$X05A>$%\>$%QJ"\,]96+^CFN2-W&=4>I8[@W!P+_>G@>
MV-8I.K;)__&3KQQG6,B/U,*06AA2=VR76AA2=^S-3M'#DB-07W2H/^ENEQ/E
M@1^<(!Z<(!Z<,'G.M1?7%*+#',(PAPZ!.>XY!'X1'7X1'7Z9=.63[]YA<G;V
MSNT?RJAV8)M/GA]*]_WR886%3[XZ8%\?L&\.V+>!;=Z)TULV_C[BDBE^.&`_
M!I;X?@HLY?Y\P'X)+.7^&EC*_>V`_7[`_@@L\?T96.+[ZX#]'5C*_2>PGEND
M;J.Q4YMXZ3.S[=<A`UOKBZX];I/_L6Z^2#W#0GZD%H;4PI"Z8^DC?7?`D+K'
MO=4F1EA:2=37(5!_8'$!_N%A/5)T*VW,T$,2%680%6;H&&?6ZN[3A_(SDSA#
M1#A#&,X0.<Z8Y!=M"+.(#K.(#K,,;'SLQ_?I7;'BG3:O.GJG#[)V[PQL\T['
M-N^\U.==\<X,2]X1AG>$X9V.[=X1AG<ZEI2D30C#*,K%*(K#&<)PAG)QAN(P
M@S#,(`PSB`\S*`[EA:&\<E$^QQ6IVX@J2=V_U+OX<=F7,>?*%Y2!;1;0/`R]
M.[;;XJ'4#.UCAH4ML(`P+*!#T#X&MGU?/,#K[W>Q1<]-5L$6YL,7';SFPRKB
MPRKFPRN3KW61A_)M`[X92:_^Q*R/A(E\)%PTCW3=4GI86@F,93Z<-?G*F1>7
MM>F87';Q"RPO8\2VN:QCFWOJ3P*Q;<VH,`^^$X;)A&$R89BL8WN?"8R.^OH7
M)_2>'M?^S$T**S=:^*Z'I=7&=W<=`BOV."Z0;@)\_%"NSW"AV''A7>P8<V-_
M?%^_",.:8J>E"<.-=QT1@_:X^/[X<`-M=KQY%SMV[7%CM=X_OZQ2*X9M,[HK
MP];OC]N[]?4WMP>V&?;I4Q$(Q_94PI)CA>%883A6&([MV.[8CFU?((^XA&%%
MY6)%Y6([81A-N1A-<9A*&#92+C82AHV4BV6$L3,J%Y,H#D-DK%B@#>N2!>:7
M<>WW>21UQ]IM^ZSTE_K;TT@]PY+4PI!:&%(+0VIA[(#":$3"D%H84@M#:F%(
M+0RIA2&U,*06AM3"D%H84@M#:F%(+0RI,U:D;K.V)/6;3S:]C($=UU53;AY&
M*%^^_NLAXE9IXP$-^]B@A.&!CNV_J5`?#\(6,RPLA2V$80MAV$(8MA"&+81A
M"V'8HF/I;VIC"V'88F!K6;"%,&PA#%L(PQ89*]*V05J2=E7QF+IM5Q@#6^>%
M7,*02QAR=:RY;%KB^6/Y0@ZY9EB2JV/IQ[N0:\9ENK)WH.`,"SH4%!T*SKA%
M]U*?9$/4&19TB-JQ7=011_=<'[;>WZ'S#`LZ=!YT:XW1><8MNI?Z]W^0?H8%
M'=)GNB)]FXD=I1\#M$UZ#=607AC2"T/ZCK6]9*[&2QV4(?T,B].G4@?=>H@+
MZ6=<IBLC"J2?84&']*)#^AFWZ)[KKS(A_0P+.J07'?4\XQ;=RT/YOA7I9UC0
M(?V@VZ2?<1=T2#_#@@[I!]UM[7;I/[TVY[S]0YES!K9.Z\L'8U\=L*\#*]*7
M*_QO4EB<_K>!I;KZ+K"-3C^M]'T*"[H?`DMT/P9V3?=3"@NZGP-+=+\$MM'I
M=X]^36%!]UM@B>[WP*[I_DAA0?=G8/T2MTC?IERIZM_<RS^-L5CN!@-[ZZ>5
M5EB<&BX9=,M-N*1C^U9>?QX)E\RPH,,E@RXWB!6W:N:Y_O587"(Z7"(Z7#+C
M,EVI:%PRP^+L<(GH<,F,:W>D_'91V0,QR(P()@PB)@PRX\Y,>&-&!!/>R$S%
M&VT.EKPQ+P8^C:'9YH&![;^,]%R^5*)5K+@X"5PPP,T%'4N3*20?V(=Y[X?D
M(W>37+GHJUST52[Z*A<QE8N8RD5,Y2*?<I%/N<BG7`13+H+EW")8&R^%8`^?
MF''<YO.?'S[%,&JNV[\FMM8<<7K<]@SMRT/1$+D&W4JE:`^ICT^E+%"PAUU_
M-X&H.@+=_IXCH/,]1T!Z'0'I[SD";IA':(56ZA5CB!ECW,.,5ZZ8L8V8L<T]
MS#CIBAE3#>;3Q4$;`B53]1UB>S+\TY@G;?T@9DS3<MBK8[N]'LM`&WLI%7L)
MPTL=>]-+2L5+PC#.I+O)6K[AQS'*P3'"L,?D61N$?HH*FR@5FPC#$Y/N=%J8
M0CF80A@.N.3!`B/G9($V]GG#`GTRM'W5]6E@JTU@@8X5"ZRYXJUA80&E8@%A
M6*!C;UI`J5A`&!:8=&VM/Y;&AP64@P6$88')<VT!I6(!85A@TIU."PLH!PL(
MPP*7/%A@Y)PLT,9!R0)K:^ESHEWXCFV3W.?Z,C1>F&'I2F#0+<\@O#"$[UCZ
M$H!-0W&H+`R5E8NRBD-982BK7"I9<<@H#!F5BW2*0SIA2*=<Y!IQ)[G:B.<H
MUYC];*TZSX-N!8@V'=OJ-/^>5=2I4I%+&')U[,TZ52H*"D/!2=<*XK'<[*.F
M<E!3&&I.GNLZ52H""T/@27<Z+<16#F(+0^Q+'H0?.2?AVX#G*/R8_&S"=VRO
M4_^8Z:<9ENITT&UU*@SA.[;7J>)061@J*Q=E%8>RPE!6N=2IXI!1&#(J%^D4
MAW3"D$ZYR#7B3G*UH4R2Z^W;[S'%V60<V-*"^NW85K\O]3>,V&>52OW&(3[.
M2S=T[.#U=_BT8/$AK?G0]AX^Y!8?<IL/O0?X\.'VS>[CQ_J'ZI!?7,AO+O1_
MBPL[B`L[F`L_%*[G>DN$/4:([?'X+@_FN*%[RQX]81_8!;95N=XA3U&SR`-+
M7XU^O3#F!G-\ZQN]B+O^,O_;"$N'^&YAEX?X/N+&E]\/[\L<\8<(2.0_+NR2
M_*>(&]]]XZ>RR?P<$8G]EX5=LO\:<<'^_%SN(G^+B,3^^\(NV?^(N&!_^50N
M9/^,B#Y@W(8(3*#>:$GEN_R>4#W72/[__V_W7-'GR\@D*GFN9Z;/C><ZEKYZ
M_^:`82;E8B;E8AQA>$6Y>$5Q^$(83E`N3E`<J@M#9^6BL^+05!@JYMRB8IL2
MI8TEKM<?WXWQ4=I`)K9T0)LQ>N)28Y9YO2'Z*J)VM0Z9IP;1P]ZX)#P<`4WO
M.0(RWW,$E.]AZ3.@_#U'P`SS".V"[_E=^<(19X@;9]S#C5FNN7&.N''./=R8
M:>-^JN__X:S!?=J3VJCHZ*PQ0]J<-;#-61W;+TWJHU)82ZDT`F$T@HZ]Z2.E
MXB-AF.8>.DRC5$PC#(=,NN80_30"#E$2#A&&':Z)L(.2L(,PM!]8/,[][EW9
M>U!_A)S4;U.BH_IC?+2I/[!-_8YMZM<_\([XRD1\88C?L3?%5RKB"T/\@<7:
M\%,$^]MS"*\TA!>&\!V[/C/D5RKR"T/^@;UZ9AA`:1A`&`8H5"_UD6(,,$).
M!F@SHF0`CX,?WXTQTF:%@6U6Z-AFA9?',G?%"TK%"\+P0L>N5YR+!*7B!6%X
M8=*URJU/SF($Y6`$81AA\JR-U./@"$N[$$80'4:8=*?3P@7*P07"<,$E#Q88
M.2<+M+E3LL"ZMA@#J4WXCFU7@GXMZO'=#$N7@H-N>0;AA2&\,%06ALK"4%D8
MR@I#66$H*XQZ%H:,PI!1&-()0SIA2"<,N09VDJM-BY)<;]]$CO'2)N/`EA9?
M/M*+VD7^5K]^Y2G"DK.1473(V+$WZU>I*"L,9>^A0VRE(K8PQ!X8_VV%]_A<
MO]I&>Z6AO3"T?XL**R@-*PC#"I5*XX49<G)&&TS]GYPQ)EF;,SJV%7CMEGAE
M1J7Z'FS+4Q@C,&YMYGW'Z>ZAQ[TY7@BZ>8>)60*[/`0&ZG'C+OKAL3Z9@7>"
M:;+CG<`NV?'3QO[A\<7W#L$TV;%38)?L6&QC?_I0)P`X+)@F.PX+[)(=UVWL
M'_FS*?M5$NUH,)U,U\9=5Z;3?&',QS;3=6PSW<MCN9#%=3,LN6[0;:[KV#Y@
M$,:NHESLI#BL(PRS*!>S*`YC"*.S*!<K*`[9A2&T<A%:<8@J#!E'[D'&AS*:
MG!<!MW\HXZ#`UII_^3BP;?=XJG.PKR)LVSU.J8<>,<+>VE!\<M_%4;>3TQ&^
MC[#K(_P08>DS_!C8]1%^BC!^O/&V[7QX]U2^*_]YAJS%_26P:_9?(^QU]M]F
MR&+_/;!K]C\B+-CY>EESR%C[D\%H0KE/+(.U?Z@&&]@Z2PS6L>TL7QY+F\5@
M2OWZ@'T3V+76WT98TAHWZ1!8IV/7=%A'J5A'&#Z9=.WJY*&^2X-+E(1+A&&)
M:R(,H20,(0SU-Z+Z)OR?\>^G$71[AO`L_1A+Y:W@%EQ&S1_J+2UNZ*G;K'E@
M22ND'X=83D)Z8>@L#)V%H;,P1!6&J,(051@Z"D-'8>@H#.F$(9TPI!.&7!G;
M9\VLWRMRC3G2)M?`MF\27^I7^.BUXM;>?0!1S)%(9A#-#"*:050SB&P&T<T@
MPAE$.8-(9Q#M#"*>0=0SB'P&T6\#BX!MW),NR5:K'7.@3<"!%0'+DYX(N.*2
M@`81T"`"&D1`@PAH$`$-(J!!!#2(@`81T"`"&D1`@PAH$`$-(J!!!-S`(F`;
MUB0!W[S%?QC3G4W8@:W.AXC"V#"%(6'']D?V]?9="@M+H.E,#0Q)A:&H,`05
MAI["D%,8:G8LO6.!F,+0<F!K69!2&$H*0\B,%<G:P"9)MFIN3'(V:33Q01IA
M2",,:3KVQIMV*2QD0)J>FM^T"ZS0E:LJU)I'#3K4$AUJS;AUN^\W[5)8T"%@
M3]T%''2L^YP>/.M-NTCE79J@0]-!MW1&TP.=W[1+8=`5F=N`YBCSF-QL,FO"
M@\S"D%D8,G=L>SW(;]6EL/CDR#SH;A?AMP?[J,`C77D&`IEG6-`AL^B0><8E
M7?1670H+.F06'75ZH/-;=2DLZ)!YT&TRWT-'-<\PZ(K,;=YQE'D,0C:9![9.
M`9F%(;,P9.Y8D;D\6<'N.</BDR/SH-MDGG%9E_(5##+/L*!#9M$A\XR[H*,=
MS["@0V;1(?.,6W1^@RZ%!1TR#[JUQE3S/73(/,.@*S*W>4B2^>U]=@Q0-OD[
M]L;;<H_M<:_V",V[V:-PQ*!;GPI'=&S?>O6V7`J+1<(1@VYSQ)'.A3_#@@Y'
MB`Y'S+@EX?-SN5C$$3,LZ'"$Z'#$C+L-X=_5=[+9KF=$,&$&,6&&&7=FP@<S
M`J;=!X^O#;]N_U!F$X&U.ZBU*=6O#[Y\3'%QZE]-,"L^`O.;<1&7MNIO`\//
MP?==8"GW^XFMM^I^""SE_AA8ROUI8BOWY\!2[B^!I=Q?)[9R?PLLY?X>6,K]
M8V*WW").&SRD(IU75H]C2I&+,;"UO@C1X_;!D=Z"BS!NK&)YOPYL2]7<\)L(
MNQ[^(.`XX74$!#R<G(Z`ICWL^@C(K",@\SU'0/EYA%9`9?2."<2,">YAQA=7
MS%AD,"];8Y%[F''-QKPN6HN!VJ@C&>CPB,/CF(9L5LH3DOX:Q>.(V_SPHC?>
M(FRWDNCP3<>N5<4W2L4WPC#)I&L2IM]5OYT][E`.[A"&%2;/:G"'1QR<BB5$
MA_Z3[G1:&&#D;`80SQ\1QVH5GB)WFXR\(?<8GFQRQT!EEC^=HV-%[C*QIZDK
ME<XA#+D[]J;<2D5N8<@]Z=IZU)<!D%LYR"T,N2?/M=Q*16YAR#WI3J>%W"-G
MDUL\R/T:3Y&[S5'>D'N,6C:Y8_R2Y>Y8D;M<C".W4I%;&')W;/BU?IM)62L'
MG86A\^2YT`>YE8K<PI#['CH:OE*16QAR3[J;W&7C0.Z1L\DM'N1^C:?(W48P
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MU/%_LL*8J&Q6Z-A6O7[/D#>!7;R#;:T.3@B,6[;I(MWH4M`];KP$>+AH"IYY
MW88K`KODQB@;]T/].XM8)(@F.18)[)(<U_2X>$GOX].Z';U=H=`?@FFR8YK`
M+MGQT<[^_%)>9,!&P339N8T.[)(=9^WLG]ZOB?%NK+:97AJK/NQW2R@#M('M
MQBI7V5_R:\LV5K!E8PUL>];/V+?!ERX;O@LLY7Y_P'X(+.7^&%C*_>F`_1Q8
MROTEL)3[ZP'[+;"4^WM@*?>/'2N*(7U6;%XOMS_\7!^["FRM+SKTN*W[^\5!
M9WY]S#Q4_$AMFJ7&4/R`?N-\U[FAW^'<=`0D[6'71T!E'0&5[SD"PL\CM!U#
M7RGB`G'C@GNX,<8U-RX1-RZYAQOC;-S/[]:#O\5%;1R3-I3EHC&GR1L'O]-_
M<]92"A=U;'-1WK]N+?*K"$N&QT:B^R:P:T7QC%+QC#`,TK%K.@RB5`PB##=,
MNN:&3X_EZQ'<H"3<(`SIKXF07DE(+PR=!S8>.WW@;GL^XEV4;E.7H])C1+,I
MK;$-2G=L4]HO!(ZH76BQ(73'KI5!:*4BM#"$'EBLPX?ZH]6(K#1$%H;(';L^
M,Z16*E(+0^J!O7IFB*TTQ!:&V(4J/S!1Q&XSER3V83+^?HQJ-MDUOD'VCFVR
MO_CEOZ!;O8$"%QVZ=^QZ==%=J>@N#-TG7:O(]V6"B^C*071AB#YY+O8J1%<J
MH@M#]$EW.BT45PZ*"T/QUWB*W&UXD^1>77Q,=3:1.[9=I1U>]'L_P];-^\#V
MXAZ'6,(CLC`4%8:BPE!4&"H*0T5AJ"@,R80AF3`D$X9,PI!)&#)EK$C3QB])
MFC=OWMN;4KI\TUR'NNS85I>'E_J";LE#7<8A\LW[`%N/N;Q:TZD@H_G0L8/7
M?$@K/J0U']H.,&[>GWWS'B'KLR*UN=#Z+2ZD'R&+"^G-A?:%Z]/[5Z^UVHCG
M_V2%,1/:JK=C6_7Z+;[W,RH5[V!;GP@G!,;E8E*]7-=0T#VN?=84YDOYH)NW
MJI@CL,M#X)<>%V_Q??BP;E7'MYR3:;)CE;O8<<_&_N'#IW*;39\(ILF.>0*[
M/'?\M+$_?7I?1@38*9@F.W8*[)(=AVWL'Y]>ECREU[0YTI7!=!,?TZAY5O]Z
M?-^QS6"'-_966'+8H-L<UK%T5XN;A+$]*!?K*`Z;"*.'*!=C*`X3"$-VY2*[
MXI!8&*(J%U$5AX`9*Y*U`4V2;.W<8\*SU7Y,?:9<;`,=V[:!P]MY(VS?N0^I
MNLE&K1[VYA6;3@X![SD"FMYS!&36$9#YGB.@_$@=%^&/+[6[8`2Q8X1[V/'&
M6^Q81>Q8Y1YVW%/8W[^LOKN;J3VI>#33[1_*L"ZP5:Q?/@YL,]/A33RG?AVI
MR6#?!/:6<TSW7:0FNN\#NZ;[(<)2ZH\'[*?`H&O7Z,_EUN'G^/?$\\L!^S6P
M5WA^BW]//+\?L#\""Y[U)&<1F=UBBOSA87U/SO_KPG%@6S,_O'.WPE8S#[KE
M#T0>AU@8(@O[]H"AJ.)05!CR"4,^8<@G#,F$(9DP)!.&3,*021@R9:Q(TX8Q
MT<R)F\W\PYC2Y&8>V':!?'B_+L4E<6(4M)1`'8/(8Q!]#"*0010RB$0&T<@@
M(AE$)8/(9!"=#"*4090RB%0;6+1JLY2C5F/(LFDUL*+5N@Z[7:'2/U=<TLH@
M6AE$*X-H91"M#**50;0RB%8&T<H@6AE$*X-H91"M#**50;3:P*)5FX(<M1HC
M$W2>MR7\O;IRY_"OQP\CKOUW!KZD&[70;\4E_0RBGT'T,XA^!M'/(/H91#^#
MZ&<0_0RBGT'T,XA^!M'/(/H91#^#?Y[`OT[@WR?PGQ/X[Q/XGQ/XWQ/XOQ/X
M^?,1W6P3=OA,D?N3?O[JB!YM\OGHD\]'HWP^.N7ST2J?CU[Y?#3+YZ-;/A_M
M\OGHE\_5,*5BVT#L6+%C4K9UUX&MYR189&$LL3`66!C+*XS%%<;2"F-AA;&L
MPEA482RI,!94&,LIC,441O$)H_:$47K"J#QA%)XPZDX892>,JA-&T0FCYH11
M<L):Q1FDX`R>K-#*S9$G,[1B<^3)#JW4''DR1"LT1YXLT<K,D2=3M"(;D:V]
MI#VJW):TNEN!=*52=VT8>:R[&%W.T0&K/;"M[H2QUL)8:F&LM#`66ACK+(QE
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MJ;MR[];J;F03Z+IKD_5CW8W1_%9W`]OJ3AAK+8RE%L9*"V.AA;'.PEAF8:RR
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M*=#J;F2?ZNXI?\.7OV&X_4/YAB^P7'?&OGHT]O4!^^:`?7O`OCM@WQ^P'P[8
MCP?LIP/V\P'[Y8#]>L!^.V"_'[`_#MB?!^RO`_;W`?OG@/W[@/WG@/WW@/WO
M@%%W%O/SOT[@ER?PY`7J[L!Y<@-U=X@\^8&Z.T2>'$'='2)/GJ#N#I'+%:7N
MUM>KL=]%]K'NVI=^I_WN:7P;F/>[P+:Z&W$+8ZV%L=3"6&EA++0PUED8RRR,
M51Y869%RQ\O"K[@8?[/P(F3=A;'LPBA&812C,(I1&,4HC&(41C$*HQB%48S"
M*$9A%*,PBE$8Q2BL%:-!BM$@Q6CP9)!6C(X\6:05HR-/)FG%Z,AEDV795HR.
M/'FB%:,CERN*]<H7J6R"D7TLQO:U[K$8Q_>]6S$.;'T*%EL8:RV,I1;&2@MC
MH86QSL)89F&L\L#*BJQ'?&[MB85?<:D81<BZK\`\1R[5C10K+@A9=A%2H2LP
M$Y;WY*G:%1>$E*T(*5MAE*TPRE8892N,LA5&V0JC;(51ML):V1JD;`V>G,1W
M$X?(DY>8D1XB3VYB1GJ(//F)&>DA<KEG50$STD/DLD^*W+RR+%!?MFA5.];H
M6+7M"_YCU8YO_K>J'=@Z"]9:&$LMC)46QD(+8YV%L<S"6&5A+/+`]JK]L)[\
MCJI=<5$3K+L(6?85N%;XI?ZE5)18<4'(LHN0JEV!B?!#^3J)JEUQ04C5BI"J
M%4;5"J-JA5&UPJA:852M,*I6&%4KK%6M0:K6X,E)K6H=>?)2JUI'GMS4JM:1
M)S^UJG4D56OPY)ZVV3IR\TJV0-D)6MF.[&/9MJ<=CF4['H/8RG9@6]D*8ZT'
M5LJGS'Y9_A47YF3Y1<CJK\#\4<M0"T%67!`BB`C18P5FPG*WCD0K+@B12(0H
MM`(S8>D8B+;B@A"!1$B!K\!,6.YK*/`5%X04N`@I<&$4N#`*7!@%+HP"%T:!
M"Z/`A5'@PEJ!&Z3`#5+@!I?IECG;U?2(+$ZL%Z3+=;U&^CWC\EWBW$R6E:F<
MRWB9<UDO<2Z?)?#DL]8*_-DW5ZU3^E@?E&NM8*T';MD?+GAJ#QX<6\%X(F%K
M!0-;)XPLPE!E8$6`<OV+4"LN;(PH(D22%;@^JG925%IQ08@B(D2/%9@(/Y3K
M7R1:<4&(1")$H168"4MO0;05%X0()$):P0I,A$^EM]`*5EP0T@I$2"L01BL0
M1BL01BL01BL01BL01BL01BL0UEJ!05J!P9/GVE[OR,UA>17+%5/;_T=V+MOE
MNV7X=@&P0C-GW8*7\3+GLE[BW'R6.<OFV:[OU\%#[M8?_-DWJRU._8)WZP\;
M9^D/[0&)U!_>?-7U:3Q1L?6-@;4WG^=C4(]/95M#UXB;#S0AZ\#:$U(S]^6I
M7`6@](J+A4%5$:+I"DR$]3(?F5=<$"*I"!%T!2["#_7/;:'QB@M"]!0A:J[`
M1?A2?Z((@5=<$"*F".DE*W`1Z@SI)2LN".DE(J27K,!%^%(%I;^LN""DP8B0
M!K,",V'97FDZ*RX(Z3HBI.NLP$Q8MB`ZT8H+PM:*Q-@&[BLT4Y8]@X>L4N#D
M7$9>;W>T2Y4C9_V3CJT_K<#)N;R<.#?CIO,4YS(SI34YEYT3Y^;=S%G[Z/)S
MYER.3IR;?=O+6H_OZM_X;*UI^]BE-;5G2%)KFF_F/(V'2[86-+#V5O]L(_HS
MLF@7<7-)4*YC_.9I+!/"#2R_;>]<%%(N`BD7+3J67BA#">4BA')9<^6RXLIE
MP97+`BN7=J%<6H-RZ0S*I3,HERZ@7)J`<FD"RJ7@E4N]*Y=Z5RZUK=Q6VDIN
MI:WL5L9.GUY(.K4J=CH5Z_1IAYR^_+#\U<;W3I^.R.G+$BE]>H(?"@W/MLN$
MSIG3ERM2^K1%3R]EUQXA.9;=>+9D*[N!;3\R\/Q2KFM8ZXB;I\M2!\99SY+E
M,\S?0KK=L+'Z$==^7Y@_OU@NQ%"B!_"[>;$6"!%)E^1H$W'\-YU$V4>02\=`
MK<B]/`8"1MSE,=!4QT#2R+T\!BI'W.4Q$%['H!]$[N4QZ!$1=WD,^H:.0=^(
MW,MCT$LB[O(8]!<=@_X2N9?'H.=$W.4QZ$,Z!GTH<B^/06^*N&[:+Q[*G6+K
M5*)OG2KR+OE;]XI`_ONZ<=M]DP^3:NKZ,+.V'O@YA%9\]6)H%EHJOG8+%2=W
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M7,N1B6NZ\-Y>\?&UAP=O_U`>'@QLZQ4O'TMI?ODXXU*O"&R=[-<1EU;[FP/V
M;6#I[TI]%UC*_?Z`_1!8ROTQL)3[TP'[.;"4^TM@*??7`_9;8"GW]\!2[A\'
M[,_`4NY?@:7<OP_8/X&EW'\'EG+_<\#^&UC*_5]@*9?R'6)F\%\!IFS*]Q#Y
MU0F<9LCI)S?P#-.!<_HAIY\,05T>TJ<E<OK)$Y3B(7VZ(J<76^Q;],?V(-1I
MB[[]0RV[\=14*;NR`;'6$9?+3D]<L=(1=WE1Q.+WN*0R:R\^EOXN/M00'V*(
M#RWNXD,>\:&.^!#G+C[T$A]E+#[*^"X^2EM\E+;X*.V[^"AW\5'NXJ/<[^*C
M!8B/%B`^6L#BNVWGY9*N]0,QL9U'VNKXK1\LKHM+#3;U`^5R;J*<-HW=L_[5
M@M8P?'K+M8EK6C2XOGBL-R33L:DJ>`0R/E8BF_Y\?2ONWQA/TV;*Y=I$.2WZ
M.F5I,^W9JV.;&0]EY3N!CP,K;<:[>\3E-C.P=;*(U;'TJ=!*&.HH%W$4AS;"
M$$.Y:*$XI!#&JBN715<<:RZ,MJ!<VH+B:`'":`'*I04HCG(71KDKEW)7'*4M
MC-)6+J6MN%;-!JEF9;=J=B25:W":(6^0)S>T8G7Z]$-./QFB[>Y.GY;(Z2=/
MM-W=Z=,5.;W8HI1=>W;J6';CH:JM[`96RDXWX!\C+I?=P+:RB[A^`UYF$2QZ
M__=4EJRY>%CRQ7/1J5%!?(@@/C2XBP]9Q(<JXD.4Q7?;E<H-&`*)B+H5$76[
MB"X^*+4L/FI9?-3R77S4M_BH;_%1WW?Q4?/BH^;%1\W?Q=?Z@`C;KB[&U@?N
MHZ0WF)+>8,IIT]=WNGC<ZD"YS+L*@Z]$XCACUOA%'9E.WZ;::'N[3V^Z]*W3
MF];-E,N[Z?2F7U^G+$VF/95U;#+C<:VMR0RL-)FR`@@9<;G)#&R=+))U+'TJ
M%!-&8U$NVB@.:80AAG+10G%((8Q55RZ+KCC67!@]0KGT",71#X31#Y1+/U`<
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MMF&NY=C$->T9IU5N?5L+,=4R:Z*:SKQ[-V\/*AW;RGB":6LK`RMMI7R=@7`1
ME]O*P-;)(E''4M=`(6&(HEPT41R2"$,$Y:*!XI!`&*NN7!9=<:RY,+J!<ND&
MBJ/RA5'YRJ7R%4>5"Z/*E4N5*XZ*%D9%*Y>*5ERK88/4L+);#3N2>C4XS9`W
MQ),;6HTZ??HAIY\,T<K2Z=,2.?WDB5:*3I^NR.G%%F4WYZOW<]FU?ZAS^(&5
MLBOC4-8ZXG+9#6PKNXCK3;#^E4]6O0>DNF311<2:[T1?E+[%^HN(Y1<1J[\3
ME5MJA!`/.H@'&7:>Q[)$2"(B*E5$5.HBNMAZJ%[Q4;WBHWH77]LLROT/E2P>
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M+>)R#QG8.EE4ZECZ5(@D#%F4BRJ*0Q1AJ*!<1%`<&@ACU97+HBN.-1=&"U`N
M+4!QE+LPREVYE+OBJ'!A5+ARJ7#%4<W"J&;E4LV*:_5KD/I5=JM?1U*R!J<9
M\B7SR0UMHW?Z]$-./QFBU:73IR5R^LD3[7K?Z=,5.;W88K_>?W[M<;?;/Y3K
M_<#VLGO6UCWC4MD%ELLNL#'T>"C/%GSS.`)277X;6/J$WTWL^JGF[R,N\?T0
M6.+[<6+7?#]%7.+[.;#$]\O$SM.=7^/?$\]O@26>WR=V?5Y_1%SB^S.PQ/?7
MQ*[Y_HZXQ/=/8(GOWQ.[YOM/Q"6^_P:6^/XWL;%N7Y1K'AJ`'<(&'KY:7J,!
M!/@:UU<1D<Z*5Y$B+7%-7\8^^<'W`(?S6C9-7-.3P?6%K@:F1?.)+8\FLFG(
M("O7PC2-PWDM>R:JZ<E[]^_G]DC1:?^^_4-M)/'0$R.+^2[%2_WK<F@6<;F1
M#&R=+"(I#HV$T3N$(8HP-!&&",+00!@2"&/5A;'HPEAS8?0!8?0!8=2\,&I>
M&#4OC/H61GT+H[Z%4<O"J&5AU+*P5KX&*5^#)RMPR7V(/)F!2^Y#Y,D./-Q^
MB#P9@OW[$'FR!#\R<(@\F8)+Z4-DL479O]OC.<>RZ\_M;+?>SP,K^W>Y_6"M
M(RZ7W<"VLHNX\>U;N?-CU7M`:EPLNHA8\T6T^@'O".WW6,@@/E00'R(LOG;G
M5SX@>H@'.<2#&HOGXKP02'S4K?BHV[OXJ&7Q4<OBHY;OXJ.^Q4=]BX_ZOHN/
MFA<?-2\^:OXNOM8'1-BV<3&V;7Q1]IOZ^E497<%D=`6337_&=EDO+Z99DX%;
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M.Z=/5^3T8HM2=NTAEF/9C4=IMMUN8%O9/;^X["(NE]W`MK*+N'X175_G9=5[
M0*I+%EU$K/DBNKAJ0`;QH8+X$&'Q]2NM,N=#$3$AB)C08S%=G!D2B8_*%1^5
M>Q<?U2P^JEE\5/-=?%2X^*AP\5'A=_%1]>*CZL5'U2^^FQ+U:QE:@)C:];.H
M6@LH7.4JK=U4FXM^8*[IS+CF?:SG-7V:O-OV9'--5[Y^@=J_Q?Y_E)W)DMQ*
MKD2_2&:J05)IJ;[S/(\_T>__5^\@&1$`XT!4]DIF+L!)`NX(DAF9M:1:*5.K
M::RXC3Y?ZOY[;S$]?*FIUL*UI/GQT]LF2NS%:2?*L4GGO)`/[#11FF^1OYMQ
M=:(,+$^67AU8J1"M$D9SE$MO%$=KA-$%Y=($Q=$#851=N11=<=1<&.-`N8P#
MQ6%]85A?N5A?<=A<&#97+C97')86AJ65BZ45%PNY05RL['"Q(S&NP26&NA9V
M:HB%W.E+#S6]$T0LY$Y?DJCIG2;"BDY?JJCIFRPVV\4.E]9V8Z/-:2$?V&8[
M+^0SKMIN8"?;S;BQD)]?7E'TX_^++:FY>"AY\ERLEG1!?#1!?/0@^8YU_'QB
M]$-$M$-$=".)+DZ,!HD/WXH/W][%AY?%AY?%AY?OXL/?XL/?XL/?=_'A>?'A
M>?'A^>3K&A$#0$RQC(LJ!D!R7?0B5G-3,A1,N?2Y5O.S3&)`F"K5FDY@7]OD
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M@OCH0?+=UH[MQ.B'B&B'B.A&$EV<&`T2'[X5'[Z]BP\OBP\OBP\OW\6'O\6'
MO\6'O^_BP_/BP_/BP_-W\<4<$&&LY6*,.7`?);/!E,P&4RZ9?GREFU\6;RA3
MO&F,6-/O.\LEWV(1OC,^LPOETNRGSG()N5*FD@OEDNW'*<^SYN5CV]]N_['M
M6IG8-FNV3?N?/:ZX,FLFEB?[Q8PK5_5E@WTUL3)`OYY8R?VFP;Z=6,G];F(E
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M#IK3')F[:GC3N#:=-E\\>YEQ=?D>6)XDK9EQ1^GVOZ!#FXZ`<KET1D0T)HGR
MQ)K=;^:C.^*C.<EWZ^GC]C1$IXZ(<F8T1TST)IDNSHQVB8\Y(C[FR%U\S!'Q
M,4?$QQRYBX\Y(C[FB/B8(W?Q,4?$QQP1'W,D^6Z=T`\9,TA$%8-$7#%(DNRB
M&3%(3)EJ307'($G*.+^';4V-FPUSI6`+%Y/DS/5*U[K$6F3'D\',*V1+H-/_
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MU$Z7L=/J-%T&MDV7;1VGAS.N3I>!Y5G2K0,KET.SA-$7Y=(6Q=$5831`N=1?
M<91?&.56+M56',46QF10+I-!<4P!84P!Y3(%%(?CA>%XY>)XQ>%N8;A;N;A;
M<6%G@]A9V6%G1V)=@TL,]6&]4T,L_DY?>JCIG2#BR<'I2Q(UO=-$K/!.7ZJH
MZ9LL-MO%#I]BNT_^N<V7L6GH9,>YD:@^.;R\\XN_&5?M>&!/#PNC`R/N^?7Q
M8U_[G[:D'4=$,2S=$!/-2*:+(4Y_Q$=[Q$=WDB^6F'V!H5,BHE$BHD])='%B
MM$Y\.%I\./HN/EPN/EPN/EQ^%Q_.%Q_.%Q_.OXN/:2`^IH'XF`9W\<6$$&$L
M^&*,"7$?)5/#E$NS1<>QX-]'N;1;]!P+OL]R*?4!;UP()Z:+SW+IMY[ETFQ0
MWFY@WVUWL#%K3+8T7,F68"=9<<@V>&(_T_\T>(X-4*=/-U\&=KH/V'_/G\[.
ML#5C:.+`GGDI4YX"MIE%7V?<XZTXCT_[]X_I\A%2FD=#9]HE/3V><=S'E=/8
M'C1INXY!AV?NY3%H^HQ[.IZ=MH<P!"!R.CZ3+LD1P8P[R/=[100A<B;83+HD
M9ZK-N(-\_YM)C#.1,\YFTB4Y(V[&'>3[,S2S3>3,MIET2<Z\FW&7?67>Z1C,
MNYE[>0QFX(P;U7EZV&Z`8_R)/\;?3+P\0(S$&3CKKY<6RTA%_?PJP$J\/L+R
MSL/S:,+^9['C+LN74'QS?8!EG'F`5PRF;>/6,E*]A.*:ZR,L]SP\CPGQ^OTV
M1&)^^AJ*=:Z/L"PTK^'-1U_WQJ:NJYGZ^W__C\]LF0+'Q]N/+V,7V.EF;F#\
M$?F<2"_OMT^!T$;&S;]RBA@,(@:#--X@K39(JPW25H/TT2!]-$C/#-(D@S3)
M(`TQR%`SR`0SR-0RR-@RR(PRR%PRR&`RR!0RR,@QR,PQR(`Q&".E09DI#=J*
M)-Z8-+&M3.(6JHEMA1(W3$UL*Y6X/6IB6['P18DNMI4+&RN[V%TPVYU0;`HK
MKDUW'KO%SG<\`\NW%Q19&"461H&%45YA%%<8I15&88515F$451@E%49!A5%.
M8113&.83AO>$83UA.$\8QA.&[X1A.V&X3ABF$X;GA&$Y8>$X@QC.8">%L)LC
M.S&$V1S9R2&LYLA.$&$T1W:2")LYLA-%F&Q$GM>H_=[S0TJ%0!:IS7>Q8:OU
MW=C)=5H5M8N,8@NCUL(HM3`J+8Q""Z/.PBBS,*HLC"(+H\;"*+$P*BR,8@K#
M=\+PG3!\)PS?"<-WPO"=,'PG#-\)PW?"\)TP?"<L?&<0WQGLI!"^<V0GAO"=
M(SLYA.\<V0DB?.?(3A+A.T=VH@C?C<C-=]N]8?@N`^6[]Q_;4WC[CVU/X<3J
M>F?L\T=C7S38EPWV58-]W6#?--BW#?9=@WW?8#\TV(\-]E.#_=Q@OS38KPWV
M6X/]WF!_--B?#?97@_W=8/\TV+\-AN_<3!Y:&_"S#NRTP!-ID]ZI@>?-)K+3
M`UM^F\A.$7R(WT1VFN!)L8E,56R^VS:YX[N9W:UW[WG,;->[VW_LOHM@L)/O
MA%%K891:&)461J&%46=AE%D8519&D8518V&46!@5%D8QA>$[8?A.&+X3AN^$
MX3MA^$X8OA.&[X3A.V'X3AB^$Q:^,XCO#.([@YT6PG>.[-00OG-DIX?PG2,[
M183O'-EI(GSGR%3%YKOM*[#ANY'=^BYVXG3WF>_'CJ!ZGSFQD^]&7&+46ABE
M%D:EA5%H8=19&&461I6%461AU%@8)19&A8513&'X3AB^$X;OA.$[8?A.&+X3
MAN^$X3MA^$X8OA.&[X2%[PSB.X/XSF"GA?"=(SLUA.\<V>DA?.?(3A'A.T=V
MF@C?.3)5L?EN^^`B?#>R6]_%UIC6=V//S,EW`TN/46QAU%H8I19&I851:&'4
M61AE%D:5A5%D8=18&"461H6%44QA^$X8OA.&[X3A.V'X3AB^$X;OA.$[8?A.
M&+X3AN^$A>\,XCN#G11XOFLB.S'P?-=$=G+@^:Z)[`3!\UT3V4F"Y[LFLA,%
MSW<S<O/=_K%22J7U7>Q+:7UW;%@YO<]\/["3[X11:V&46AB5%D:AA5%G8919
M&%4>V%:1[8F7PF?<_#2$PHN0N@NC[,*HL##,*`PS"L.,PC"C,,PH##,*PXS"
M,*,PS"@,,PK#C,+"C`8QHT',:+`32"R"CNPD$HN@(SN1Q"+HR)1)RC@604=V
MFHA%T)&IBDUZ^X>+*976C+%QHS7CL:/C;,:!Y550;&'46ABE%D:EA5%H8=19
M&&461I4'ME5DVRQ!X3.NF%&$U#T#RV>=3YN[:47&34+*+D(<FH&5<-M0@VLS
M;A)B6Q%B6V'85ABV%89MA6%;8=A6&+85AFV%A6T-8EN#G9)B#75DIZ580QW9
MJ2G64$=V>HHUU)&IGG1!K*&.3/F4R)-64@+-1Q.3L75M;!=H73LV9)QN70>6
M9T&MA5%J851:&(461IV%469A5%D811[8V;7[-@SJGG'3$]1=A)0]`[/"+T_;
M&*`3&3<)<:T(<6T&%L+]K^#AVHR;A+A6A+A6&*X5AFN%X5IAN%88KA6&:X7A
M6F'A6H.XUF"GI'"M(SLMA6L=V:DI7.O(3D_A6D>F>M(%X5I'IGQ*Y$DK50+;
M2A!/G(.RM6WL*6AM.S8;G&P[L#P-BBV,6@]LL\_V[I?R9]P4)^47(=7/P'JI
MVTLM&I)QDY"&B)!^9&`EW)[6:5'&34):)$(ZE(&5<-NX1=,R;A+2(!%B\`RL
MA-MS#0;/N$F(P46(P85A<&$87!@&%X;!A6%P81A<&`87%@8WB,$-=IH+@SOR
MI+!:Q?V&-%5W>&3^E$K#>1+9%6<*KW*F]-)$<=_MD^]T%O?=CCRI*D_I[<-F
MN!@%([L=!;%#H1T%8^O":11HXP-M$497!K:-@FWAHU$9-V5,4T3(*,C`O%2M
MI'0IXR8A'1$A_<C`0OB\W?_2HHR;A+1(A'0H`ROA-EMH6L9-0AHD0D9!!A;"
M-]ML811DW"1D%(B042",42",42",42",42",42",42",42`L1H%!1H'!3G,Q
M"AQY4EBM8FY,/4R?JJNV3=T5VYY$5CGW)3B%5SE3>H7SI+/*N7LYM5<Y4WV%
M\R2UY'Q^VM;/F`^C<@?G>?/1^]@@4>;#)[]W=4O8/Z0=NRR>>'U0OCRP+6OT
M=<:5[S],[)D'FY7[LO](`YV>.SG>K&2Z*D)ZFH&%<+_-I\T9-XU%2T5(0S,P
M"9_W[X+1XXR;A/13A'0S`Y/P9?_9:QJ<<9.09HJ069*!2:@S9)9DW"1DEHB0
M69*!2?CR9FLH\R7C)B$#1H0,F`RLA-N2S=#)N$G(U!$A4R<#*^&V!#&),FX2
MQB@28VSLR-!*N:T9?!NA!"Y.YI,Y3ZHMG&^W*1_/)WGPQ9E:?EJ:CP>4#+WB
M3#%CK<69<BZ<)^U6SGV.IIXK9RJZ<)[D>WQ'L;MUR6OA%$^CZ>GU1_9G'?]Q
M'D$+>ZICY-W^#;+/,FZ5Y/.)/=[V9MX6C"\6]G;%?3FQA[S*KR96<K]>6.9^
M,[&2^^W$2NYW"\O<[R=6<G^86,G]<6&9^]/$2N[/$RNYORPL<W^=6,G];6(E
M]_>%9>X?$RNY?TZLY/ZUL,S]>V(E]Y^)E=Q_%Y:Y'SY,L"1_^,\$2_:')87'
MDKZT4--3#"F0#TL--7W)H::G'DKZ$D1-7XJHZ2F)DKXT4=.7*&IZJJ*D+UD<
MZ9OM8@M)N2.87P-X>CWVEI0GAH6=OOCX[F6[KZ'6(S>M0ZDGQN/+6OD?WVQK
M`M6?<?U/O<[_+]^:H@\SYY*;ULPX;I'*.6S+"-TZXLHQ:-;,O3P&_9MQE\>@
MI3H&'9VYE\>@R3/N\ACT7<=@',S<RV,P(F;<Y3$8&SH&8V/F7AZ#43+CCE[O
M7_-CKHB<N3*3+LF9-3/N\@*8/SH&\V?F7AZ#F33CQN^T^:N0,Z1H*2;4S+OD
MCZDU`R\OXL.R5SU,\=+U89AN>9A8O/V+4S.B\A<_7?,O0\V?8WFU38P/RUZ5
MOWCIFG^9:?+OO]+T85FK\A<?7?,O(P5_/SBVH1K[@]JA.C8.G8;JP+:ANCW8
M(849M^Y1Z/K`\DF1IL^X0Y/OMMMXFGT$E%(P045$=\]$K[:W'W151/111+3Q
M3+2-?+HG'OHE'MIUYMEO,&F3B)AW(F*V)5'?SMMM(;--?,PV\3''DN]FG_-7
M?1ECXF&,B8>1E3P7Y\7($A\C2WR,I^2+\WK5C2=1Q7@25XRBC>QQ6S9C")DL
M]9@:C=NI,]G^Y+$$643Z(159J)8*I_?W;^O';/%II2@+UU+BY-K_ZEO,$7.E
M,`O7$N/D2M5OLR(V?K6S8NP(.\V*@9UFA?\FU=/K&5=GQ<#R).G-@94JTQIA
M=$.Y-$-Q]$(8U5<NQ5<<M1=&M95+L15'K85A?.5B?,5A<F&87+F87'$86QC&
M5B[&5APF%H:)E8N)%1?//0:QK;+#MH[$J`:7&,J7+\*HCEQR*+()<_KHG2#"
MC^9<DJA'[S01%G3Z4D5-WV2QV2[V/K6V&YNB3K8;V&:[[2Z&6L^X:KN!G6PW
MXSYV.W%;?RC^$5?J3.W%1^GOXJ,;XJ,9XJ,7=_'1'O'1'?'1G+OXZ)?XL+'X
ML/%=?%A;?%A;?%C[+C[L+C[L+C[L?A<?(T!\C`#Q,0*2[UC'SS<8,0_$%,NX
MJ&(>)-?%/48LYJ9D1IARR72N=.7'EX[/8Y9HBY!C8)AK271RO7K87\@NQ5:R
ME&S:[,/29Y!=7>L2;:5,U1;*)=&/4VYC)C9PM6-F[.PZC9F!;6-F^RB*%LZX
M.F8&EB=+LPZL7!6]$D9WE$MS%$=OA-$,Y=(+Q=$*851=N11=<=1<&&-!N8P%
MQ3$"A#$"E,L(4!QV%X;=E8O=%8>UA6%MY6)MQ86;#>)F98>;'8ES#2XQU`6R
M4\.')8<BFS"KC]X)(E9W'WU)HAZ]TT2L[DY?JJCIFRPVV\5VJ=9V8Q_5R78#
MVVSG!_`95VTWL)/M9MSQ`+[Q4/3C_TM]J;EX*'GR7$PONB`^FB`^>G`7'VT1
M'UT1'TVYBX\^B0_[B@_[WL6'I<6'I<6'I>_BP^;BP^;BP^9W\6%]\6%]\6']
MY+NMZMN<CSD@IEC5115S(+DNM!*KNBF9#:9<,ITK\?;V)^:$J5*T:8@/2Z&3
MJGM$-U<*MG`M=4ZN[>U6#!!3I58+U1+FW6LY;PG[H1+_L7]".;!MJ&Q5I'$S
MK@Z5@>7)TJ(#*T.##@FC*<JE)XJC)<(8&LJE!XJC!<*HNG(INN*HN3"&@7(9
M!HK#^,(POG(QON(PN3!,KEQ,KC@,+0Q#*Q=#*RX\;!`/*SL\[$C\:G")H2Z'
MG1K"HTY?>JCIG2!B+7?ZDD1-[S015G3Z4D5-WV2QK>7<O/>VB__8;3>PS7;;
ME*#6,Z[:;F`GV\VX8RW?WWE2]2.@^)*BBXB:)]'%@*8-XJ,+XJ,)=_'1%_'1
M%O'1E>2+Q6B[::%!XL&WXL&WR7-QG7A9?'A9?'CY+C[\+3[\+3[\?1<?GA<?
MGA<?GD^^CSV:B^D#`T!4,0!VKOW9EW%@,L:!R98PYSJYO:N*T6"JE&EZ();O
M_;RVUP]+H<4%'U*BA6OI<9[6PR:T&!H^KY1GX5J:O'O]CMU'[4/!V)9T>B@8
MV#9(\BW^[=4&/9MQ=9`,+$^6'AU8J1`M$D97E$M3%$=/A-$%Y=($Q=$#851=
MN11=<=1<&'-`N<P!Q>%Y87A>N7A><?A;&/Y6+OY6'%X6AI>5BY<5%^NW0>RK
M[+"O(S&LP26&N@1V:@B3.GWIH:9W@HCUV^E+$C6]TT18T>E+%35]D\5Y_7[X
MV,:^VW]LZ_?$-MMM'S5^]K3BBNTF5FTWL?&']/8O1'XYB8HOOYI8N<*O%S;_
M(M_VL/;-#"A$WTZL$'VWL$&T??+Y_?S_PO/#Q`K/CPN;/-L)_30#"M'/$RM$
MORP,HLL5>Y2R\/VV<K/DOR]LG-C;[0K_F`&%Z,^)E1/[:V'7)_;WC"M\_TRL
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M79Q<C`M3IB!3I#$NDC+.[WD?8TN21::\P9]IA6N)<KIRW^/%+41S7JG1PK4$
M.;G>;(MV3`M?8^JS<"U-!E=?MFUJQ*Z<=FJ,?4:GJ3&PT]1X>;L];-&Z&5>G
MQL#R9&G2@95JTR-A=$6Y-$5Q]$0875`N35`</1!&U95+T15'S84Q!Y3+'%#<
MKPV&YY6+YY6+SX7A<^7B<\7A:6%X6KEX6G&QVAO$Q<H.%SL2QQI<8M@6>$<N
M.139A$E]]$X0X4MS+DG4HW>:""LZ?:FBIF^RV&P7.W%:VXV]0"?;#>QLNW?;
M<*76,Z[:;F`GV\VXX]7<P^MM`<&$1T2I,%47$T4_,VUW.=1?/)1?/%0_>?JA
M=7MG0$/$1S_$1SN2[UB(SN]=:(V(<*R(<&P279P8+A8?+A8?+KZ+#V>+#V>+
M#V??Q8?;Q8?;Q8?;D^]6N/WF'.N+*19P487U-ZY]UW$LW29C$)AL*7(ND<^;
MU.).WUPIT)0_;^7F`>83R,/K;06+(6&VE&EA6YJ<9Z9M-TNAQ4T?4J*%:\GR
M[L4[]@&U4V1L$#I-D8%M4R0?)\9[N8<95Z?(P/)D:=.!E:NB2\+HBW)IB^+H
MBC"ZH%R:H#AZ((RJ*Y>B*XZ:"V,4*)=1H#AL+PS;*Q?;*PZ+"\/BRL7BBL/.
MPK"S<K&SXF+Q-HB#E1T.=B2>-;C$4->_3@UA4Z<O/=3T3A#A2Z<O2=3T3A.Q
M>#M]J:*F;[+8%N_8:-/:;FSU.=EN8)OMMOE%K6=<M=W`3K:;<6/QWCX&H.I'
M0/$E11<1-4^BBZ6--HB/+HB/)MS%1U_$1UO$1U?NXJ-1XL._XL._=_'A:?'A
M:?'AZ;OX\+GX\+GX\/E=?'A??'A??'C_+KZ8!R*,%5V,,0_NHV1&F)(98<JE
MUH^O>',C;$.9&DZ#Q/*>9WF[A]GN;F.(^/12OX5KB74M[MMJ&1/%7*G=PK6$
M^O%+W:9,[,9II\RQ38?GD/EK!;1K8-N4V2Z=#LZXE4NS!I8G2Z\.K`P16B6,
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MFMX)(FSG]"6)FMYI(FSG]*6*FK[)8K-=[%UI;7=L:CG;;F`GV[U[L>UF7+7=
MP$ZVFW''/?6[[?T[53\"BB\INHBH^9GHU79&U%]$E%]$5'\CVCZIH!,BHA$B
MH@]GHFT['RT1#TX5#TY-GHNG!=PK/MPK/MQ[%Q^.%A^.%A^.OHL/EXL/EXL/
MER??[29RZV187DQQVRRJL/S&];B3,0!,Q@`PV9+BO"/=[O!B&)@JA9FJCQOE
M/*^+GL:`,&5*M%`N6<ZS:[X&WG"E2@O7DN;=]\NQY::=(,=>G/,$&=AI@C1?
M!W^8<76"#"Q/EE8=6!D0=$H8S5$NO5$<K1%&%Y1+$Q1'#X0Q&I1+T15'S84Q
M#I3+.%`<UA>&]96+]16'S85A<^5B<\5A:6%86KE86G'A8H.X6-GA8D?B6X-+
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M&JX4:N%:ZIQ<FSL9'`U5:K50+6'>NX8_QC:7;@V__<<^3.9N'A[[UV_2O;S=
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MN?BP^5U\6%]\6%]\6/\NOA@'(HPE78PQ#I+R=GO0/)@W9`P'DRV=SE6S^2V7
MABMEFY;@R7P>X!/W&DNXQ1SL2)_9A7+)=)[>?J^Q-%NI4K2%:BET4N5G8MM4
MB2TT[509&WQ.4V5@VU39;MAHV8RK4V5@>9*TZ,#*U=`A84P2Y=(2Q=$1811?
MN=1><91>&-56+L56'+46QC10+M-`<3A?&,Y7+LY7'"X7ALN5B\L5AZ.%X6CE
MXFC%A7L-XEYEAWL=R6)N<(FAKH>=&GAYUJ0O/=3T3A"QF/OH2Q(UO=-$+.9.
M7ZJHZ9LL-MO%%I?6=L?>E]-[,'[I^_9-\,UVVPMP:CWCJNT&=K+=C!N[4QZW
MNW'*?D048U)U,5'T9+I>SL5'&\1'%Y+O-NNW2Z0C(J(A(J(?9Z+M`FF->'"L
M>'!L\EQ<("X6'RX6'RZ^BP]GBP]GBP]GW\6'V\6'V\6'VY/OUH"M<&%],<7"
M+:JP_L;ULI,Q"$S&(##94N1<SO;'W27/(MFXPS<50V$[+WU)>VFSDJ4XTTK\
M!MM&]KAM&8MYX6M,?1:N)<IYC1]=LF,S2SL[QIZ:TY(]L-/L:+Y#]CCCZNP8
M6)XDS9EQQ^QXNS6"1AT!I73T1D2T)HDNG$6WQ$=[Q$=WDN^FW&VW,)T2$;T1
M$:U)HHL3HUOB8X2(CQ%R%Q\C1'R,$/$Q0N[B8X2(CQ$B/D;(77R,$/$Q0L3'
M"$F^6R-D+V:(J&*&B"MFR$:VVXL18JY4:2HW7@R<N1[37W/[6L.50BU<2Y73
MJJ^V!^NXR_!YI4@+UQ+FY-K_6E2,$'.E3@O7$N7DRG)MMQ^Q":<=(<?NG//M
MQ\!.(^3EW3;-Z=6,JR-D8'F2-&?&O;^][WUX>=DZ0:N.D/,0$16]F51\]KG>
M+G:O$\1'@\1'?Y(OM/OPLGU]AV:)B?:(B>XDT\69T3#Q,47$QQ2YBX\I(CZF
MB/B8(G?Q,47$QQ01'U/D+CZFB/B8(N)CBB3?;8H\[GJ+6Q%QQ1@168R1C>WA
MW;9NQ2<"9DNMIGYCD"3;16_C0<64J=E"R3RYCW*IMC@CWB6,[$*YE/KP-&SV
MMOFS$<T)IG0+V]+I'"P/;W/B;:,E-AJUH^78@70>+0/;1DMRCZ^[/,ZX.EH&
MEJ=)NPZL5(=N":,QRJ4OBJ,MPNB`<FF`XJB_,":%<BFWXJBV,*:"<ID*BF,"
M"&,"*)<)H#C<+@RW*Q>W*PYG"\/9RL79B@LK&\3*R@XK.Q+O&EQBJ,_DG1K"
MITY?>JCIG2!BJ7?ZDD1-[S01J[O3ERIJ^B:+S7:Q^Z?8[E-_^O+I<>PK.CTL
M#&RSH]_OS;AJQP-[>E@8'1AQS^-%P^N7S=GTXP@ICJ4=HJ(;DXJ=#)<K_<C-
MRZ(_XJ,]R7=;Z=_EK=)MYM"K(Z*<&:T2$YU*IHLSHWGBP]/BP]-W\>%S\>%S
M\>'SN_CPOOCPOOCP_EU\S`/Q,0_$QSQ(OMM*__)^>W2+\2"N6.E%%N,AV2ZZ
M$<N]*9=@BXACN;^/<NFV*"9>0?@L&2/W42[I5LJEW7J62ZX/SZ]O=]5/^Y]T
MC4'C2U[RK61+JY/LH;AC&SNQ.^E_&CMCWU3ZDT8.[#1VGCQU9MB:,'1Q8,]\
MPEK&PI9+8V?<XZC.T^9WVGR$\,_<$$9'9]HE/4V><4_'%I9-P33\".`/>DYR
M>CN3+LEI]XP[R)_VKU73^R."?R8[S9Y9E^ST?\8-]FU"HP61,[=FTB4YLVS&
M\<Z\M&=[K<LLTS&893/W\AC,MQEW7,#^G,!@$SF#;29=DC/L9MSE!3#L=`R&
MW<R]/`8#<,8=VGSU\%CL=KR:8`+J`#$!9^;E$6(JSL"ASZ?N^<='*+ZY/L)R
MS\/S<83'YF_L-9=0G'-]@.6@>0#^<L:FU+@1\R44^UP?8;GHX?GHP^/3FVU&
MQ`CU$8J%KH^PK#2OX>E-OEXXC]6G;;^F[N9^_^__L=&*87/HX^F6<-MZE3Y[
M>+>_>OO/BLL_7?I9@WV^L/IP-8^1V)=-W%<-]G6#?=-@WS;8=PWV?8/]T&`_
M-MA/#?9S@_W28+\VV&\-]GN#_=%@?S;87PWV=X/]TV#_-AAW3VX<LZ,!4PK9
M8NZ4FL@O.K!3`P]737JG!S94-)&=(GCAT41VFL"P362JXIGW)FM9>M$/$Z94
M"&1EW3R*V^NM3WHQ_F/;!LGMU?$1[EJA*;8P:CVP;`"E%D:EA5%H8=19&&46
M1I6%461AU%@8)19&A8513&'X3AB^$X;OA.$[8?A.&+X3AN^$X3MA^$X8OA.&
M[X2%[PSB.X,IA6Q[^,Z1G1AX0FDB.SGP--)$=H)@+6TB.TGP$6@3V8F"G].9
MD<]\)%I\MR^S*14"[;O8UU4>.=)W8\-7?;1XFIO'JN^$4>N!90,HM3`J+8Q"
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MC`H+PXS",*,PS"@,,PK#C,(PHS#,*`PS"L.,PC"C,,PH+,QH$#,:Q(P&.X&$
M&1W9223,Z,A.)&%&1Z9,4IYA1D=VF@@S.C)5L4EO^V@T%L&1W9HQ]J:T9CPV
MK9P?^@9V,J,P:CVPO%I*+8Q*"Z/0PJBS,,HLC"H/[%R1?8\GA<^X8D814O<,
MO'B?12LR;A)2=A'BT`RLA-L#`Z[-N$F(;46(;85A6V'85ABV%89MA6%;8=A6
M&+85%K8UB&T-8EN#G93"MH[LQ!2V=60GI["M(U-0*>2PK2.QK<&43TD_:24E
M\/AV6S'"MH.RM6WL]&AM.S:>G-;0@9UL*XQ:#RQ/EU(+H]+"*+0PZBR,,@NC
MR@/;;+MM&J?P&3=-0>%%2-TS,$O\LL\!6I%QDY"RBQ#;9F`A?-[.$-MFW"3$
MMB+$ML*PK3!L*PS;"L.VPK"M,&PK#-L*"]L:Q+8&L:W!3DIA6T=V8@K;.K*3
M4]C6D2FH%'+8UI&=>F*U=>1)*U4"C6U'=FO;V%W0VO;8=G!>;0=VLJTP:CVP
MLWV>M^^64_Z,F^*D_`/,4E']#*R7NNVHIR$9-PEIB`CI1P96PNUQG19EW"2D
M12*D0QE8"/>OF="TC)N$&%R$&#P#"^'S]F"#P3-N$F)P$6)P81A<&`87AL&%
M87!A&%P8!A>&P86%P0UB<(,8W&"*+G43!A^1FQ+W.])4W>&18XM+ZJYPGD16
M.[-SIO`J9TJO<*;."MCI+$:!K_VDJCREM_K#*JFTXY3.NPO8QMF/@MM_;+L+
M)E9'@;'/GR:V-6#;CO=%C9LR_G*!696O%G8FW%?2KVO<)/QF@4GX[<+.A,_;
M#?!W-6X2?K_`)/QA81OA-EM^K'&3\*<%)N'/"SL3EIU<-[G^4N,FX:\+3,+?
M&NSW!ONCP?YLL+\:[.\&^Z?!_FTP1L%439[TA_]TX&<=F*(KZ2>%I4=>WFQW
M3&QMF`>GW+.,W`!,M'">1%8Y]R4XA5<Y4WJ%\Z2SRKDMGFR"F&=4.5-]A?,D
MM>1\?MK63^[PSYS;?(C-(>5603L$__-?=EB4'8*Q0WK?E32Q>`V^]F,\OMF6
M-?HZ<G.^T-:!/?,B<.6^[%]>I=,9-QM(5T5(3S.P$.Z+-FW.N$E(2T5(0S,P
M"9_W??'T..,F(?T4(=W,P"1\>>-9DG&3D&:*D%F2@4FH,V269-PD9):(D%F2
M@4GXLC>4^9)QDY`!(T(&3`96PFUY9>ADW"1DZHB0J9.!E7!;@IA$&3<)8Q2)
M,491AE;*;<U@%W0)7)PIY!0WMRHEM'"^S?VZQTU)*AD;+,[4<N$\"?>*,\5<
M.5/.A?.DW<JYS]'4<^5,11=.YE/6,[Z0\_AZWT8<HRECN.QM-,46E#*:U@8M
M-E9[!`TL/D]88^1IDP.MFV&KRC3NP/A]C5EY^C:PVW[-6X]HD7)ID'+ICW)I
MA7)IA'+I@W(IN7(IN'*IMW*IKW*9%LIE,BB7P:!<!H-R&0+*908HEQF@7/RN
M7.RN7.RN7*RMW'"VDL/9R@X7.WUI@3\(.+40)G;Z4@/??%Z12PXU/?60^N*%
MPN0LZ4L1-3TE4=*7)NK1ERAJ>JJBI"]9'.F;ZV(+2>NZL;>DOO+C6QK'=F1>
M_2_7O;S>Q@:UGG&K6)1Z8KQ_7+F/;[8E@>K/N./+GX_^`Z8C@N]4S%;0B9EU
MR4YS9ARO4\I9;(.#?AUQY1BT:^9>'H,.SKAY!>=?O:2;(J>9,^F2G/[.N,L+
MH.4Z!I-@YEX>@^DPXXX+>+7_Q7=FA=B9%3/KDIWY,>,NKX"9HF,P4V;NY3&8
M,S/N\AC,'AV#V3-S+X_!/)IQE\>(&:6#Q(R:V9='B;DU`Z\/LPQ6)!NS;&9?
M'X;Y-@.O#[.<5@]3;'5]F.6K^#V("_^QCWR<3SU,<=;U89;#UL].O-_&#.]@
MF@,4=UT?8-EK'J#\D,\V7F.G4#M>QQ:BTW@=6'RRNH;3R\OV)(HD9MP:@'1_
M8/G(2/-GW/@ICX?GK0RT_0@I9:;#HJ+!D^H8"<\/V],+G1433103/3PSO7J_
M#WBZ)RK:)2JZE519+_V,#\T2'[-0?,R]N_B8?N)C^HF/27<7'Y-.?$PZ\3'5
M[N)CJHF/J28^)ECRW;Y"KZ[&\!)7#"^1Q:!*MHMN\`65AC*UFOJ-MSCW42[)
M%AGSI96972B73.\80+[P%&^A7'*=L^#Q>7\EL]1;SR_E6\B65B?9J_)3P]MD
MB9U4[6096ZQ.DV5@I\GR[FE['T4/9UR=+`/+TZ1;!U:NAV8)HR_*I2V*HRO"
M&![*I?Z*H_S"J+=R*;?BJ+8P)H-RF0R*8PH(8PHHERF@.!PO#,<K%\<K#G<+
MP]W*Q=V*"SL;Q,[*#CL[$NL:7&*HOSG3J2'>OSI]Z:&F=X*(>P*G+TG4]$X3
ML>([?:FBIF^RV&P7NYY:VXWM4"?;#>QDNY<7VV[&5=L-[&2[&7=Y]T3QC[AB
M3VHO/DJ??+$`/&WOJ6B#B.B"B&C"F:C<#MU>IM`0$=$/$=&.)+I81.B0^#"N
M^##N77R867R867R8^2X^#"X^#"X^#'X7'Z87'Z87'Z:_BR\&@0AC71=C#(+[
M*!D.IF0XF'+I\U.+\!)M$7*LZZ9<2OT4Y9)OI4S]IMGBLYF\\-L+S699]Q6G
MA`O7TNM:UO.SDFV\\.#1CY?XC_WSVX%MXV4[3SHXX^IX&5B>);TZL%(:6B6,
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M,^>21/5-IXFPG=.7*FKZ)HO-=K$/JKV9'AND3C?3`SO;;O_K`-1ZQE7;#>QD
MNQEWO-)Z_[S=_5+V(Z)4F*J+B:(GT\5-*WT0'VT0'UU(OKCQV/<+TA$1T1`1
MT8\DNC@Q6B0^G"L^G'L7'VX6'VX6'VZ^BP^'BP^'BP^')]_M>>;\P0MN%P]N
M%P]N/_.\>GS8/N(*\XOK`^8769A_8]OWT,8K,9,Q"DRV-/FI^]PEU"+>&`^F
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M=MP^KZ('(_=DQP/C5Z+F?@`Z,.+8"QDKP3Z_Z<814/I&,T1$+Y+H8@FE/>*C
M.^*C.<D7)_9J^QR-1HF(/HF(-B71Q8G1.?%A:/%AZ.2[G=@V"7&WB'"WB'!W
M$EV<&(X7'XX7'XZ_BX\I(#ZF@/B8`G?QQ600(2N\&6,RW$?)M##ETFK1+Q]]
MW4FY1%N$S#K?G.62:/PZ\T5C8JKX+)=PZUDNL7Z*<BFXGN62<*5<>IV_(?VJ
M6'>;.[%-ZW^:.\>^KM.WH=X,[#1WRAW&O`N886O$T,N!Q9[&]6E]LZ%IQ<W?
MA]WW2]'L@ZI4A[[>14^K9]SQ"[K/S]M$H>]BI\4SZ_+DZ?J,&[\`_/*\;95"
M`Z*GW3/MDAX%S#AVGY0:;L=`%#H&0VSF7AZ#P3;CYH\8;_LIF&QB9[+-K$MV
MIMV,N[P"IIV.P;2;N9?'8`+.N.,*MH^/F'SB9O+-G$MNIN&,&]5YNV_VBD$H
M_AB$,_'R`#$<9V"MT,O+UF,>@IK#,!QG]O5AEH?B1Y(OI!2W7+Z:XJ+KPRPS
M?>HPRV'%TWQ;],ZK6:::/RK]\/AZ>SL1=V^^D.*HZPM9EIH_*OTJGW"W,4L]
M+\?L_IO2;R)A?]H:V&G,OKQL>^W1RHRK<_;`^-YZN;T[L+?Y!(8`E$NOE4NK
ME4M7E4L#E4O_E$NKE$MKE$MGE$L3E,M<4RXS3+E,+>4RM93+A%(NTTBY3"/E
M,GF4R[11+M-&N4P6Y<8H47*,$F7'V'`Z(\+IC`BG+S44A83UG;[T4/3%?NWF
MZ$L1=</UDD1-7YJH1U^BJ.E+%35]R>)(W^P8VY+*7<_ZEL2;L5?J]%0UL/B,
M9"VO+^^W44*M,VYZC%H;I-8&J;5!:FV06ANDU@:IM4%J;9!:&Z36!JFU06IM
M$`\:Q(0&<:%!;&@0'QK$B`9QHD&L:!`O&L2,!G&CP;!C@^+'!FU%$HMV$]O*
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M?,-/L851ZX%E`RBU,"HMC$(+H\["*+,PJBR,(@NCQL(HL3`J+`S?"<-WPO"=
M,'PG#-\)PW?"\)TP?"<,WPG#=\+PG3!\)RQ\9Q#?&4PI9-O#=X[LQ!"^<V0G
MA_"=(SM!A.\<V4DB?.?(3A3ANQ&Y^6Y[=<DWZDN@?1=[=%K?C5U"I_5N8"??
M":/6`\L&4&IA5%H8A19&G8519F%461A%%D:-A5%B8518&,44AN^$X3MA^$X8
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MB*@[U72<B+I3S<J*H>Z&37=<[[*UK;O8`.#N,W=ITT1[GYFQKNZ27L6(=<*Z
MNA.,2`M&H`4CSH(19L&(<L*&B`PS7@)?]?+3$`(O#HF[8(1=,"(L&,4H&,4H
M&,4H&,4H&,4H&,4H&,4H&,4H&,4H&,4H&,4H6!2C@A2C@A2C@HX@48RJZ2@2
MQ:B:CB11C*I9:5+I&<6HFHX348RJ65DQ4&_8?!S%F*QM,<;>`EN,:=-!5XRR
M$8%@"T:L$U;/EE`+1J0%(]""$6?!"+-@1#EA?43&%S03^*K7%*,X).Y5L5U'
M'JJ;5%2][)"PBT,JM"JV#H<)`U5;];)#RE8<4K:"4;:"4;:"4;:"4;:"4;:"
M4;:"4;:"1=DJ2-DJ6)E46<,:J=%T7&*-U&@Z-K%&:C0=GU@C-9J5/<TX*5L]
MHTJ?1K/C2J6`^^1)=FG+-O8.V+)-FPJZLDU8O5X2;,&(=<+J<`FU8$1:,`(M
M&'$6C#`+1I03-I3ML*.`P%>]7!0$7AP2]ZI80VP^>=+H98>4K3BD;*U#_>1)
MHY<=4K;BD+(5C+(5C+(5C+(5C+(5C+(5C+(5C+(5+,I60<I6P<JDRIHH6]5T
M7(JR54W'IBA;U71\BK)5S<J>9IR./7&U57/*-H$]2<<]]W&UK8IPH'^DN(N'
M_[9LTZZ`KFP3UI6M8,0Z8</(AOW6A+_J97(2_@36J!#]JMB4S_A^,!)2];)#
M$B(.R4=5;!T.6_Y)4=7+#DF1."1#5;%Q.+X]G:15O>R0!(E#"KPJ-@['GS!S
M7:YZV2$%+@XI<,$H<,$H<,$H<,$H<,$H<,$H<,$H<,&BP!6DP!6DP!6LI*N\
MB=OII#DP<;PCK:Q#,8<Q[K'U0!W)VLR,/BOQ6I^5>LTX*\\:T/$L6H$.J6-5
M'9+[Y$FV7H8TM(+8HF!;0=J[T+6"A'6M0#"RDK`A`<./%DA4U<OQ)RD)K%$A
M)56QGJI<2<E2U<L.R8@X)!]5L7&HGSQI]+)#4B0.R9!W./06DE;ULD-:@3BD
M%53%9H3ZR9-&+SND%8A#6H%@M`+!:`6"T0H$HQ4(1BL0C%8@&*U`L&@%"M(*
M%*05*%A)5WD3K2!I]DPTGSQI%',8HQ7H@3J2M9D99F,Q!:\'+SXK]9IQT@JJ
M:NMSN'BR":)1+#XK^QJ?'=6JSXWYY$GO<^@/L96BZ0^O_CYYE_9>='TC8:]]
M\B3;UOY"6O->#EI@W4.EGSQI]')@Z"7YP*6_DU/K<+QHD^:JEQV24G%(0JMB
M':%\4(0<5[WLD'R*0[)9%:M#\\F31B\[I)>(0WJ)<R@CY+:BZF6']!)Q2"^I
MBNT(AP58^DO5RPYI,.*0!E,56X?#Y96F4_6R0[J..*3K5,76X7`)HA-5O>PP
M6I%X?$LKJJJMRV'1A!_?-(K%9R5R)7?T)^O3?/*D42P^*Y<;GQUQFW&*STIF
M7NU9?%8Z-SX[[K8^A[EQ]*=Z0L5G973CD_Y45>,W\WSR9&QWE<W+$(?6%%M0
MFM94?LS#+W_TP5G"7OGD23:M`R5QBVGWR9.,U2]2T&SR(4HT29#8DI^$55M2
M(;8D0FS)@]@2<K$EX&)+O,66^(HMW4)LZ0QB2V,06QJ#V-($Q)8>(+;T`+&E
MWL66<A=;REUL*6VQC<H6XZALL8XJ5O/"A?97:!2QFA<VM!\=*71HS2L?FDE(
M(41K7AC1FE=*-.:%$ZUY(45K7EG1F!=:N$^>[&(+B:VZM+>DN_`GK/_EZO@3
M?F*=]4KI$.J,T2;*A=^\(:#H+6\BFW;#/3>I6#PU/R8F$P=Y)SE9CQPWHQBN
M(^1+CD&ZLNW>,R"#66\Y@]5P12&;XIQD9J.]SLEOUMM[`J1<CD$GR+9[CT%W
MR'KI97#]F\/H%.*;3I%M]OJF>V2]O>.GH\@QZ"C9=N\QZ#)9;^\QZ#QR##I/
MMMU[#+I1UMM[C.A0<I#H4-EZ[U&B:ZEU*:6F`.+6XS"7I7Q>>\-9J:GV,$T!
M[1]YJ:#7#E/*JCU,4T/[#U-J*;\/3;Z0%*LM&L.FCO8?H!12/D#S6;7^]N7X
MI?UVLV#8]Y.QOI'JQTV*7M-(,U8GAU?KC/$MW?G>ZW0UW,I=9Y4FS.\RUKS=
MZJ9@R=6T'5]R<IM5&E?O,]:XNBM8<O5F.A[W#M]GG<;7AXPUOAX*MO];.8]9
MK_'W,6.-OT\%V^_O*>LU_IXSUOC[7+#]_KYDO<;?UXPU_KXKV'Y_?\IZC;_O
M,];X^Z%@)1>25WI5HE'CC%Z5N57Y1E_*X/[A\<C&N*QT;5P6@N9"&U[<S>J-
M<57IVK@J!'V]]QB7E;:-R\+3*9>%?#Z(1F.\5>(VW@I+\[F>U(GQT%1BNY2[
M.SM.^ZC:N[.,]4WE=)B%D;MDVTZ*,E9'2986O88-)$DP\I+\55O2(GID13#:
MAM@2?]$C_((1;K$EVJ)'L`6C)8@M+4'T*'_!*'^QI?Q%CU(7C%(76TI=]"AK
MP2AKL:6L12_*6$'*6*RCC%63DE6PD*'I*3QE-9J%#@UM>,IJCNX(P5-6X[-0
MHCVZXT34H`Z^L*(U'V@QE%UL;;)EE_8\=667L+[L]+LFQUFOO98GK)8.D<YZ
MR]UW\RZB^14(1'U1:`),T,41,:^.]LYUU!]9$'\DH?J;;S+Z:0'Y6.3-N$B'
M^"$;U<^><9$@\4?=BC_J]B!_U++XHY;%'[5\D#_J6_Q1W^*/^C[('S4O_JAY
M\4?-'^0O^H`XC,NY>(P^<)A+>H.ZK(RM+([><)C+0MV&-M$O=)3TB^IR?BOG
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MY(\R%W^4N?BCS`_R1^F+/TI?_%'Z!_F+=B`.X^(N'J,='.:2%J$N:1'JLK#U
MM:MGH7!#Z[BXJ\M"V'KU["LD>H@.K_*WUAI/+?,!7EF=*`QNAU<IW+@L?'WY
MC(=>$SN\;*])6[^Z7I.PH=?H)3[KM;TF876PI&S!FK,B8X*1'+$E-Z)':@0C
M&6)++D2/5`A&U,66H(L>,1>,'B&V]`C1HQ\(1C\06_J!Z%'[@E'[8DOMBQYU
M+AAU+K;4N>A%32M(38MUU+1J4K\*%C*T5TG'AKC$JWGA0VON"!'EJ>:%$JVY
MXT1<XM6\L*(U'V@QE%WLN[)EES9D=667L+[L]--EQUFO+;N$=66W8'W9"4:<
MQ98PBQY1%HP@BRTQ%CU"+!@1%EL"+'K$5S#*3FPI.]&C[`2C[,26LA,]RDXP
MRDYL*3O1H^P$H^S$EK(3O2@[!2D[L8ZR4TW*3D'*3LTI.]4L=&AH$Y=(-7>$
MB+)3GX42;=TX3D39J7EA16L^T&(H.QZB^;(+P?CL*V%]V>FGRXZS7EMV">O*
M+NLMS[ZFT_6P=9.X+RI-B`F[N"+JV=7>A[HD0OR1!_%'&JJ_6+"8QM\,DA/Q
M1$K$$QFIGO;<]I,D\4?MBC]J]R!_U+/XHY[%'_5\D#]J7/Q1X^*/&C_('W4O
M_JA[\4?=5W_STM'JN#YRF9=5HPV(K[>T`7$6;2![6RCW9CHZ'O9*QI,O=4=;
M4'>%GOG6=QHWK\:U69U5NM9J8)=R/L(K][Z%L$U1\./A;-VX+"3-XY./`T8;
MT?%5TC;."D.+LUJL0T^A!GU/"<'84Q(V])0A*20NZ[4])6%UE*1)],B28*1%
M;,F*Z)$4P8B_V!)^T2/Z@A%NL27:HD>P!:,=B"WM0/0H?<$H?;&E]$6/,A>,
M,A=;REST*&G!*&FQI:1%+VI806I8K*.&59.:5;"2H1(DEK=5L]*A/EF-2[D>
MW1$B+N7JLU*B.;KC1-2@FE=6-.8#+8:RB\TRS1WTJS\0.$[[CKH[Z[P7B9N+
MLLONI'G*G5[FG6UKO$C!8MM\!XD,)'_I`V9F<\NBT/0RDB&.R$5U5`>VVM:%
M^GE@I$?\D1WQ1W*JO^6)Q/`U`3(EGDB4>")/U=.>D9$Z\4=%BS\J^B!_5+GX
MH\K%'U5^D#\J7_Q1^>*/RC_(']U`_-$-Q!_=X"!_T2'$85SEQ6-TB,-<%LHV
M[&,_GG%)USC,92%OZ[*PMRF-N-X?YK+PMW59"-RZ+)S-7QUK/CJVW"H5!K>^
M"H5;7X6OV1>W2F5=KV\\)\/^N5<;SVPPW`=DK+L/&']-?;$N:LUM0,9>^X)9
MT5N^8+8]6@_[>Z^S^R8Z[S(V[7=_4_46]V[[71I!X_Y]-6/[0^FXLKOZKNHM
M[M],V_%&^#[K-/X_9.R5X3]4/1[8-.,8&NQCUFN.\3%CKQSC4]5;OM(UA/\I
MRQO?SQE[Q??GJK=W_%^R7G.,KQE[Y1C?5;V]Q_A3UFN.\7W&7CG&#U4OY_ED
M->RCIQ4JD6B%A=][F41[+(KM:9R<CH>YS(K->=`>B_7^PY1BRI_FFL:%`B9'
MYCR:0MI_@-MLG0_PIDY(EFY7BJL]@::2]OLOY92_7K9:C[^7X-;-G$%32_N/
M4(HIG\'4?$ILZ+%XVGMS-WZ^["0,QAZ;L*['FL^79=OVYBYAS0>>8,+BCU_=
MY%^8D?1\C(*1Y05K;$FRV))/L26#8DL"Q99<B2VY$5M2([9D06QI:6)+^Q);
M6I;8TK+$EO8DMK0BL:45B2UM1VQI,6)+BQ%;VHG81OL0XV@?8AVM0LUI"VI>
MR-`DF;F6,2]T:'_]5/C0FA="-`1CKF6.7BC1FA=.M.:%%.W1"RM:\T*+Q7PH
MQ]BMU,RURB\>3])&IW9.E;'A`TGU=BK-J1J]7$_$.CG$.(/$6D%BK2"Q5I!8
M*TBL%236"A)K!8FU@L1:06*M(+%6D!I4D")4D"I4D#)4D#I4D$)4D$I4D%)4
MD%I4D&)4D&I4,,K1H-2C02E(@UJ6Q)7:Z%J>Q)78Z%JF,'%QNI8K+$LZ7<N6
MN)::,5B^\%:E7G>H3NYK?'6&8+PH)FRH3EF`/*EZN1")NX*$74&BKB!!5Y"8
M*TC(%23B"A)P!8FW@H1;0:*M(,%6D.I4D.I4D.I4D.I4D.I4D.I4D.I4D.I4
MD.I4D.I4D.I4,*K3H%2G0:E.@UJ61'4:7<N3J$ZC:YD2U6ET+5>B.HVN94M4
MI]&U?(GJ['2'ZHS-0/;:F387T07*!'0ZGH9I":%/>O7VE,`+1M@%(^@+QJ[$
M7,2$7#`"+ACA%HQ@"T:H!2/0@A%FP0CR@C7/;PEQTFOC<CI.18AY4<NG1HT*
M1HD*1H4*1H$*1GT*1GFVV)#JV!F24[V:^(7C,C%;GRQ;1KHO9F6LIH:T)KV*
MD5;!2.N"]6D5C+0FVSIC(:VB1UH%(ZUB2UI%C[0*1EK%EK0FO3ZMPQR6M!:U
M)JV"D5;!2*M@I%4PTBH8:6VQ(:VQ\\"F==F2T*<U836%I%4PTBH8:5VP^&U`
MZ0BG1\//XBC@HI9#1*8%(]."D6G!R+1@9%HP,BT8F5ZPOH"+7GL:PR9!,EW4
M\FE0P(*1:<'(M&!D6C`R+1B9;K$AT_%PN,GTZTN[Z2EY-_]9,!X!U=-?;?4&
MJZCETX<4R5TE#Z18L-AUUI!BN$I`BJ*6W4$*P2"%8)!",$@A&*00#%((!BD6
MK"=%T6M/8X@*I"AJ^30@A6"00C!((1BD$`Q2"`8I6FP@13RM;$A1NWIZC-DE
M?\&:]Y]0_H*1Z63;93KIU3>BD%;!2*M@I%4PTBH8:16,M`I&6@4CK0O6IU7T
MR*%@Y#!A]=U#Y%#TR*%@Y%`P<B@8.6RQ(8?Q[*G)X>N%G1Y6=;E-6,T9N16,
MW`I&%2\851R/7WGEU-`.R731R,PGT\E3=_TN>LG3<'T@[T4C>R+OXHF\%[WD
M:;@8PX*BD3W!`O'$M;WH^;.#$T4C>X(3X@E.%#U_=C"D:&1/,$0\P9"BY\\.
MOA0-//5\.6V?\;5W<K-@F%)GK.6%8I=KQ:XRUKSCZ]I@[S+6U-Y-QAK;6X.]
MSUAC>Y>QQO;>8!\RUM@^9*RQ?338QXPU2X^?,M;8/AGL.6/-<3]GK+']TF-#
M#F/9MJGYTK=/TWIN6]L9V\")YC([[+V[6#=ZF7XD5A:(26S":NF26,%(K&`D
M5C`2*QB)%8S$"D9B!2.Q@I%8P4BL8"0V897P)%;T2*Q@)%8P$BL8B6VQ(;'<
M'_O$AF`LSH35L9+$!8N/L#:Y'A[]DE8Q):V"D5;!2*M@I%4PTBH8:16,M`I&
M6@4CK8*15L%(JV"D53#2*AAI%8RT"D9:!2.M+3:D-191;+VFU96N7A/6I77!
MAK0.3]U)JYB2U@5;<0=1&"&;$LCTHK8^FJ_B,C4C[<EWK7K2?HAOF)!,CXYG
MY_H*(H@AWB'&(=[ARN#]9#?$!>J(=ZASB'?8M*BEN*R&1STP*[FNV8)9A[B&
M;)WK-^/6/)B7?->0P[Q#?$/&SO?IJG;[@9FQY&.9N:P%=0L`IPFKYTK#6;">
MF<T&HWF9"&:**<P4#!HN6/.8'^:)'LP3#)H)!J\$@U>"0:(%:XX+:T0/U@@&
M1<066H@>M!`,#H@M:1<]TBX8.6ZQ(:VQY&/3NJP%]6E-6)?6!1O2.KSL@;2*
M*6E-6&4M:5VP5$5O-IMADD^2Q8HD"T:2$Y9Z"9NGQG>CD72Q(^F"D?0%*Z,Z
MJE4RTQ8*B!44$`P*%$]MDQTNN[`BF=9(PPIQ!RL.<0=1Q!2B"`917G$W<"<6
MD2QWEM6EGCL)JV=$2UBP@3O##`SNB"G<$0SN"`9;!(,M@L$6P6"'8+!#,-BQ
M8'U+$#WX(!A\$%N2+WHD7S"2+QB9%HQ,"T:F6VQ(:RP#V;0NZT-]6A/6I77!
MAK0.4W32*J:D-6%=2UBP5'S->UKFTB/%8D.*!2/%G9\WZZ&&R;<8D6_!R'?G
M:'QQ-KU`;,B]8.2^]S/P'AXDFQI;>"!^X$'GY\TT.((48@0I!(,4O:.Z,#D0
M)-:8+$&6Q:>>(`FK)T'=+]A`D&$U"(*(*001C+H7#%((!BD$@Q2"P0/!X(%@
M\&#!^KH7/7(O&+D76_(M>N1;,/(M&"D6C!0+1HI;;$AK+`79M"YK1'U:$]:E
M=<&&M`X7<-(JIJ0U85W=+QAUO^=22:;%E$P+1J8/<4?RQ93D"T;RB[M86GNS
M&R[A=`$Q@@F"P83B:,]I0HYD6@,..<0=Y#C$'7P14_@B&'QYQ5U'H<W1"TN&
MBZ!?E2A8/:.+C`T4JHUHF21DM695[:I@#84,]LY@-P:[-=A[@]T9[-Y@'PSV
M8+!'@WTL6`W5IX+5\WTRV+/!/AOL2X\-:8UU*-,9-D=I@:I9E2A8'2MI7?2&
MM`X7X,NLUJ<U':*ZNS9ZI%7T2*M@I%4PTBH8:16,M`I&6@4CK8*15L%(JV"D
M53#2*AAI%8RT"D9:6VQ(:ZQ#-6E][8'0YB@M7'7I;A>SYO(DW0LVI'N\`<QJ
M?;H7T^9G2:0[8<LO2-Z,;PP@]VD,M13(O3@B]YVC:?PJ"T001Q!!'$&$SA&W
MDD.'@A;B"5J()VC1>9)5HRQO8@1%Q`\4Z?V,IP9?%H7V84+&FF##E\[1F]5Q
MG<H/[(F%H_\7>](B5<>>!8L?I)<U1WY]5GYUE@E5U,H#A\U1<E<;`]>`!1L^
M=37T&0B5U';S*N-F_*HEA$J^.T(=XAN.=;[7VX'U<$Q\P[%#?$.[18W?G\0]
MQW2TKKF9`P7MQ#FT.\0Y3$QJ2U"VPR2"9I5<UWC#Q$-<0\[.];0;A@TYD^\:
M;YK9(;[A:^=[UWRC;Z!KK($)77>_8\7CU[_^[<]_3S^F6?YS_C-LK'O7-D=I
M`8W:J#0]GH:J/R]Z-48TPW;Q+=^_"`9W!8.H"\9KS.MQY6L!T+6HY?*@_PD&
M-P6#CH)!1\'@GF"P33#8MF!+GQE2$*M+DH+M[^9M/9$#"7M:HNHZ1L*Z$"_8
M_MU&W%X4M1PFHB[NB'K2"P*X?0H$O&AD3P1\P9I=+P2\Z"5/V@V*1O9$^).G
MN@>&\!>]Y&FH3Y)1-+(GDK%@-AFQ`-0D(S\9WAREE:$NZ.UJ4>[)"=NV17&Z
M&L9%U*M>'AAA%X>$?<%BL;H4F3Q_(O;)=%JZX'`\\K#(FUDY>3C$-;70NQZF
M="0FR2OW2,PAKLE.[WI\[D&J6M]#W<2RC$U56L/I4I6P.D9:4,*V],H2VM/5
M0$925?6:5(E#4B48>5FPO$8^'0WK.61FT>@S(YY(0^]I?,<;>1`C\B`80>\=
M;8>E"(+>&@U!CX42&_2T@M(%O5U5R?61L"[HQZ?#(T>"7O6:H(M#@BX801>,
M,"]8'V;1(\R"$5G!B*Q@1%8P@MEB0S!C%<$&,RTY=,%,6,=@P0A<PK;M`M'I
M:J`=O49LB:5@Q'+!"H''#_P0V46CCZQX(K*#I_%Q$7$6*^(L&'%^Q1-1;ZWZ
MJ-,A?=1GP;`:D[$VZHI=;C(V1'THK:NB5_U=&^Q=QO+J_G#K?Y/E7<SS&*KO
M]UDO^QEZVUV6-Q.I>X-]R%AFP;AG^2$K+(Z&@,=<V]%\2I/PEN89JR=QL<E8
MUS-.5\-])DE(_M"K/2.#%2/B[>Q_;DQ$?,'2&8Y33B*^R/N(BQ\BWOF9CH<K
M,2$7(T(N&"'O'`T-DH"W)D/`8[)J`[[,8MLEZPW_F7=&U?@0\(0-`1]FC`2\
MZC4!%X<$7#`"OF`IX$,RB?<B[N,M;HAWYZ;YM-F<5\(M-H1;,,)=_-2;`7FK
M$F%O38>PQYS+AGV9C&&:HW2^H5`T[`D;PC[<<!'VJI<=TEG$(6$7C+`O6.;Y
MN-F'P"\*?>#%$8'O'$WC;021%T=$7AP1^=[1>%D@YJVC(>8QK[(Q3Q.N+N8)
MZZB>L"'F0[D1\ZK7Q%Q!@BY'(>@+UL24.`MVFS%..!^$.(L>H16,T"Y88TMH
M18]HMM@0S9@8V6BF&5,7S835L=(X%BS>XE;OJ-?#U8M@%K5\FO!7,$(I&*$4
MC%`*1B@%(Y2"$4K!"*5@A%(P0KE@2\B'4,;$Q88RS6BZ4+:SG'2C/"W8$,IA
MC8A0%K4FE((12L$(I6"$4C!"*1BA%(Q0"D8H!2.4@A'*!;.AC.E($\I7%^2G
M-'^A51<6\O/9X?)%#V[G.3GL@A%CP:#K@O5K4.OA_HJP%[6<'L(N&&$7C+`+
M1M@%(^R"$7;!"/N"-0V"L">L69]YS.!P;L,,XF.CEL_MD\&>#/9LL,\&^])C
M0X7%Q*JA15FJ85UGW.N]R5C7K-J9V9Q^4BT8J5ZP^'%@H=/I>KBU)]5%+8>#
M5"]8\[L$4BT8J1:,5`M&J@4CU8*1Z@7K4[U@^T^#Y!>U?!ID6@Y!I@4CTX*1
M:<'(M&!DNL6&3,=DSF8ZS?*Z7MK._')1"T:F!2/3"Q8_^"V9WHYW\&2ZJ.40
MD>GDKJ[5D^FB5]V=KH<[79)?U+([DB_N2+Y@)%\PDI^PRG7J?,'VGQG)+VIY
M*"1?#D'RB]Z>,X,/12V[@P_B#CX(!A]:K.?#:IC!OWI!F`V&F7W"]J^.7VRJ
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MD.EDRB+\_#A[NQUNO$A\\G3:-HQ#O,.%P3LOO>]W%4`-\0XU#O$.6Q:UM+;`
M[Y1ZWU!'?$.=0WS#ID6-SQ0L<3G9#!=2R"7>(=<AWN';X'V[&];MH)]XAWZ'
M>(>1BUI><SFI&1WH&0L=#3WG"]MJ][M5_#9\[@YO-ZNT@M(Q-6$=4].B2<?4
M<0\)3!53F"H8M%RP?`K-#Z+F<4'*=+R.E.((!G:.1G)#/_$#_<0/7.O\3,?#
MU`NNB2.X)HX@5N=H->X>@5;B"%J)(SC4.6JV7,P1@D#B!P*)']C2^6F_I#&P
M)19R1K9,>S8.,`W1JU?".NJD%:*>.K+TD-U54Z@C[J#.@B7J'(]OOH<ZZ7@=
M=<01U.D=C>_TACOB".Z(([C3.1J?.D,=\0-UQ`_4*7[JU4#6C"&0N(-`X@X"
M'>(.'HD[>"3NX-$K[@8VQ5I6PZ;:<-(B5]=P%FP#4^ME4-Y1OJ%O!>%0RW=L
M-)SDKF*P9L'V[W&`2,F430'S=H_MT="DH=*BTBVT'N0==@W>I_%\X)=XAU\+
MMG_L4"YYYR%=C'T];D6$=.(<TAWB'!XFYSDP1^.5%PZ*=SAXB'=HV7MGH]H0
M=B@IWJ'D(=YA:?*>`K/9U865@:"Q0F@)FI8..X*VRXES_[W8<$,]M[_*/-@H
M&&P4#.HM6,,KN"88]]]B"[%$#R8)!I/$%MJ('D01#**(+:P0/6@@&#006W(N
M>B19,)(LMF2TU1MR&,N--H<A&&?H"]8UF55#CYS6HM8TF>2NIIJT+EAWZ^[N
MOY-INL]<;YN[M7RKDSQUUZM#O,.%WOMJ<SP\:8(:XAUJ'.(=MO3>I^FH%M,\
M=L@CWB'/(=[A4^^=;_4,]_?02[Q#KT.\P[C>^VH][C&`@.(=`A[B'4[VWGG-
M?+V=&2@:ZY"6HLL"93-]/]_$6R&"MI5GM!G!:#."P4?!:#,+UK<9P6@S8@NU
M1`\N"0:7Q!;BB!Y,$0RFB"VT$#UX(!@\$%N2+GID63"R++:DM-4;<AAKAS:'
M:5&QNU0L6-=F3L:7BI+6HM:TF>2NII^T+E@0KMP:N3:SJ.7YU'BOP=4E^>F:
MS"&^84+G>SH=RA1:B&]H<8AOF-+Y'A<X88VXAC6'N(9(G>O5^.L16"6^8=4A
MOB%:[WM\<R:L$]^P[A#?$+'SW4Q$%U+^_M]__?;MU\L??_WQCW_XY[=??OIV
M\>T?__CW;_[\\__\"X)L^<9A@__FEV]_^8_?ON6YU]G;<`S7BDV2;1%-/,4Q
MHND$V6JYW1[-5IO-V=NU=[E>'R'C5<7&)V^U92C\GL#(V-:.C$>W*B-Z1V?$
MYLC(Z)O3&14U>=DV9%LO.P[9_`&`X?SP>1HR&[*)J#A_X(]V$"L$UF*-P(?B
M[.W6Q2$>*IW-CXPT1O&$Z&Q^_J.R>&1S-C^045D\?SF;GZZHC#@<11Q<W&E.
M1XS%RN*1`V.Q,IK#T1FE[WQ2W4>,T\JHSB/&:67L%=F<$9QY-_^02V3;,YYC
M.0X@VX7LA5@?,TZ>:6M<XJDV?+0RAG$2.9H?P`QC(0\GD0<G8POY[FS>RJ_'
MB^WE(7-C0782,N]SFI"QN\_YG%8A<\PD+NN0.7+&&P_/YI<:JL]S7J=VQKL'
MW/'XY<X:+MG:9[/PACSPNQ;UB<DVSL_E#[OM&;N*G2Q^&7+&/F$G8R-P<,+*
M>(?F[FQ^";&.A3=0[N+<'5_.>;<KY\X+7M4.GW#)R_`)E[P,.^H]7B"I/GD7
M*_7N9?'.S3B>LXNW:)[-+\I4G_%>S+/YU9<J8RR;\.ERA,]-G(.38;>-<W!Y
MX!RV<0Y.QCELXWA.QO&V<3PGXQ,`.RY<U_PU4>/SHR&]?4%Z-TOO7Y`^S-)'
M+R7_T>CC"QH:/(1SL_=71?SNPG3G>'49!XUS,F[?A2S.R,C>ARS.Q\@^A"S.
MQL@^ANR3ESV'[+.7?0W9=U[V?<A^\+*WYR'DFTAV-)&O[9POFVO.`2F1<U(B
MMXO(N:@2N5U$SLF(W"XBYV1$;A>1<S(BMXO(.5FPDAS#2BN-D<QG::4QEK.W
ML-))&>TF1NMJC]%N8K1.QF@W,5HG>QLV<UR=E+AN(ZXNYL1U&W%U,D:ZC9$Z
M&2/=QDB=C)%N8Z1.%G&%`<3523GB*H[H2C+.<2Y8*\5R'9;N"LA8US%6)V.L
MZQBKD\41YR[PDG0[=P%[YX=MW*H_\M?4;$A/9JF["PCIZ2P]];8[;MBI(7='
M%F..&UO^.MNK]0;I-7^=]&:6WKX@O9NE]R]('V;IHY>>K[<S/;>.G@CGGK!U
MC.!\-O/9LE5'V_1E'#3.R<C>A2S.R,C>ARS.Q\@^A"S.QL@^ANR3ESV'[+.7
M?0W9=U[V?<A^\#)Z+4)ZK1T-O78-3V[Y:\9*Y$+ZZ*5$[B@BYZ)*Y(XB<DY&
MY(XB<DY&Y(XB<DY&Y(XB<DY&3T`8K+32&$F<I9?&6*+76NEEA.#*1^!=R"*"
M)G;O0W;G91]"%K$U=A]#]LG+.$N$G*6UY(AQ]5^^O#?,0CAB7/VMC"/&U=_*
M@@%S#[)2CG@21W0=B".>Q!&=C".>Q!&=+(XX][47I7,'7[_0W]=SMUV_T(O7
M<POA/1;:!^*X<P]9NQ["F<;]`9_[])9S%_?2J]5IY(R_SO9FEMZ^(+V;I?<O
M2!]FZ>-+TGE1AMJU%<'9SCU^>4G)P):W>(X<\->,^3(.&V=E9.]"%N=D9.]#
M%F=D9!]"%N=C9!]#]LG+GD/VV<N^ANP[+_L^9#]XV=OS$+Z]>$'*V<5L@K]F
MK!&YJ!<O)7(G$3D752)W$I%S,B)'G7D9D:/.O(S(46=>]C;&,?/2'?%MC&0^
M2RN-L=`QO6?.DMF+CP!GR>S%RSA+^I>7<9;T+R_C+.E?7A9G23ZH/I<MCLC=
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MB%R4O971:!`&+5TSB;-$REE::8PEVJF5,EJFI?PQN62T3$N]C-$R+?4R^(H0
M-ENOQ)6E=1]SXKJ)N+IL,=(H:BMCI"Q+>!DC95G"RR*N\(.XOG!$)F&K[0OM
M:3LW+RMEK"P3\,='=15C=3+&NHJQ.EE$=6Z(+TDW\X5A8SGPL-K,37SC:A;/
MF[G[+-^NUMNUS=Q]-B]TG\U\`>#[,[XWS1<`7CRATO,5=_\7_/&RDY"Y8YZO
MF'->\,?:;59G3ZN-BR!VZY`YKB.;KPH;1X3S%4^*+OAC#[CBB>#*/Q%<K>($
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M8YQ3C-.=`^.<8IQ.QCBG&*>3,<XIQNED5Q/WO=?\L7%!=NME=V%W[V4/(7OT
MLD\A>_(RQD+_Y(\?"_W3RQ@+_=/+&`O]T\L8"_W3RRXFG@PR%L?=RXD'@\CL
M16[BJ2HR5ROG4SQ5Y8\Y/V2[LZ]^5P]QH2?SQ]A=3,?T+/X8V26_OPJ9LSN?
MCB/OO%Q":P6?D8=CEP?&&77$JU:=W4EP]\3QC..%W;&S0Q9VQR_811[X[+$>
M#[O(P_*EZ^&6BG.(/!R[/!"7R`.OUU2?EQ,/T:[YXV5A9Y]:74P\[D/F\H`L
M\F"?E2*+/.Q\'G:1AYW/`P^/KJ>MM^/1$3)GQ_$B#_:Y$><>>;!/C9!%'NQS
M-WQ&'NP3LO.)1V",Q7'P)F2W7G87LGLO>PC9HY<]A>S9R[Z$[*N7,19V-?#'
MY)VQ<,_@98QE&V-Q=HQE&V-Q,L:RC;$X&6/A7H,_?BS<:W@98^%>P\L8RR[&
MXGPREN@]5G8Q,?>XYH\9R^6T#2[9B0?GL(KCN;I%MH[S<_V36*_C_)P,NTW8
MN=K$CITN7D9<-A$79T=<N+?QLDLVB<>YN[%<34QFD#F?YQ/S1&0NM\BB3]A)
M(K*H%3M%1!;U;B>(%Q.3O&O^V!SQ,`:9ZQ.7$P^CD/G<\DB-X[E^#2>B3]C)
M(3&+/N$GAQ./+#B>[_/KL+-/A3B_R(-])H0L\F"?""&+/-AY'++(@WWB<SXQ
M-T3FSOTF9+=>=A>R>R]["-FCESV%[-G+OH3LJY?=3*NX/V,;O%['[D)V[V4/
M(7OTLJ>0/7O9EY!]]3+&$O=G=J[-6.+^S,H82]R?61EC.8VQ.'XREM,8BY.=
M3ZM-R%QM,L[HR78M`5GT77Z]9.,9?=?*L(OKF%V#X-SC.F9EG'M<QZR,<X_K
MF)6=3\QOK_ECQGDQL2:`[(6X!*_M&LO%Q(YL9+XV5U&;_(9=XT*LHS;YQ;+*
M&$O8V?GFY<1\$YFS0Q8U;>>;G'O4M)V_<[RH:3N?1A8]TJY/G$_,M:_Y8\X!
M6=C97;S((@]^'CXQ#T?F\L!8(@_\WE%CQKE''NSNW\N)N2\^O1US7V0N?Q?3
M4>2!+UCH\9!%'NP.7XX7>?`[?/EE6<CL-8ZG/]?VR=`%3]:N[=.Z"YZ`7=O5
M@$N>_UW;IW^7+!-<VU6""Y[_7MMGT><\T[JV3[1ND-Q:R1V2>RMY0/)H)4](
MGJWD"Y*O5G(3TWL[2[^+R;V5/,34WDJ>D#Q;R1<D7ZWDA@6;6[M><X?DWDH>
MD#Q:R1.29ROY@N2KE=RP//#L5R.8K-_:M8&[F/Y;R4TL[-@UG[M8UK&2AUC4
ML9(G),]6<A$37SOOO8QE!+N*<!Z+"'8-X2*6$.P*PD4L(-CU@PN6#Z[M'O?+
MF.S:N>Y5+!W8E8/S6#CPZP:Q;&!7#<YCT<"O&<22@5\QB`FNG=]>QG*!72VX
MC,4"NU9P>4RL[4K!12P4V'6"RU@FL*L$YS&I]7/:6"*P*P07[&N]]NL#L3S@
M5P=B<<"O#<32@%T9.(_)N)V+WR"YM9([)/=6\H#DT4J>D#Q;R1<D7U^0<,-J
MUQ=N6%ZXM:L+=TCNK>0!R:.5/"%YMI(O2+Y:R0T+([=V7>0.R;V5/"!YM)(G
M),]6<L,BRZV-P1V2>RMY0/)H)4](GJV$WWK%3[W,=?V<:>:%G65>L/!P8]<=
M+E@&^&!7`6YB4<6OX;`,=6M7H>Z0W%O)54SU[$R/[9%(W#TAVT.1N#MZM@[S
M$QYW'W(5TS\KX><+V/C[O0U+\_8XW'2S*NQBS:WZA;]39Y+"CBEG$U-%.\,\
M9Y)\;^?(5X3`C>R*T[3G'RW''9OANK6"JVCZ3I\3G\_[]V61]=]__,-___C3
MMP\__O+3W_[U[]_\X]M?^"7KT?S%HE_^]M-?RW]^_?F_^7'\;W_SGS__^NO/
M_YS_^==O/_[7MU]"F_=^_.7GGW_-_^'F]/?_^_,O?Y]_+?O'_Q,```#__P,`
M4$L#!!0`!@`(````(0#R>._%D#8``%,B`0`9````>&PO=V]R:W-H965T<R]S
M:&5E=#0P+GAM;)2=VY+;1K*U[_^(_QT4NI?4))OL0]C>T4T2!`$"//;Q3B.W
MQXJQU`Y),Y[]]CN+58D\K&HVO2^V-1\R%XI5JPJ%!,C^Z7_^^^6/-_]Y^O;]
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MR^=/WYZ_/__VXSW)?8@-Q<]\\>'B`RG]\M.OG^D3A&Y_\^WIMY_?7O4NKZYZ
M_9.W'W[Y:=]%MY^?_OJN_OWF^^_/?\V^??YU\?GK$_4WC508@W\\/_\KA,Y_
M#8B2/T!VL1^#U;<WOS[]]O'??_S8//]5/GW^Y^\_:,"'(>73\Q]T)OK_;[Y\
M#BZ@#__QO_O__O7YUQ^___QV,'H_/#L9]/K#MV_^\?3]1_$YY+Y]\^G?WW\\
M?[F+0;TD%47Z283^RR+OSX?#T]'Y&8D<2!RD1/IO2NR=OS_M#\_.]Z<_D'F:
M,NF_?,J_WVYJW/[#TW^3R/"XLX]2(OVW2^R=GHQ"GQUH]%E*H_^FM-/WG'9D
M5],4W3>9_MM)2%<?*7*11.B_7?.EUX\4Z9$IHW6".Z,M_O;'Z77^HW]T;9$/
M=*`S>^RZ\(^4.CAN^'KLN_"/KNG]\V%O^-H0]MAXX1]=@[L)<ZB][#::AUWF
M0;OTV&;A'UTSCSH7.ZTG5AMU5CO42/973QM,O'$HE5W5$UOUU#)PI*UH58RV
M"O_H.O@H1_393.$?*?5(1_39$>$?*;5_3(?UV0_A']TYCVLN#V]?#>]!0_1Y
M6,,_TLEHG'!0/L15?G]UF'S\\?&7G[X]__6&+KK4,=___!@NX;W+()*N"TFB
MNU+0)>M3"+\*\3^_I7/0->`[T?_\TCL[Z?_TX3]T[?F4@JXS039BS!'A^A-T
M)QY,/2@\F'E0>C#WH/*@]F#A0>-!Z\'2@Y4':P\V'FP]V'EPX\&M!W<>W'OP
MX,&C![0)2>,;]A)DD<XGM*3^+9^$^.`3'N!K!F(<YYHQ1W#*Q(.I!X4',P]*
M#^8>5![4'BP\:#QH/5AZL/)@[<'&@ZT'.P]N/+CUX,Z#>P\>/'CTX.I*$>,)
M6AFU)WB)")AVC6J)Z`_.[/R_CC%TL>?!'@.9`)D"*8#,@)1`YD`J(#60!9`&
M2`MD"60%9`UD`V0+9`?D!L@MD#L@]T`>@#P"N;K2R-B"KGO:%NF2\C[L_'_\
M_OG3OZZ?]_</;)<03E<?,IF^I`R<85+40`R3B/+0!-$4\HI(!K0GZ<XW[)_8
MT\VZ(/9G"60.I`)2`UD`:8"TD=".B\YNNI:Z\.]T;0C?=RU_BNM$5#=&<DI[
MJZX[^L.1[8Y)%\1"4Q`J4DQOORGHG_1.K<:L.\X:922T3V(R[V+"QH(TG`NJ
M[CAGU*"QZ&*2AKO,--UQUF@CR70W;<-T=[-C`[;=FHCJUD2,K8?]GNV3B41Q
M8Z8@57"0'2*WHLXD*GSN,V?H,A[N7TA?2X(>>2=;2520?><ZLP;9A20<D&TD
M:B_;&[J>:;6PF0*T1\V-2<!V3!)18Q+)*2U<G=6'??>))EU0-R(@5$2B.G,6
MR>!D;_[1T`YS"?%S()51>.?'KX:$!9#&2/1.W5"V.L%T*>WF=9?J!3O>2<AM
M0'8%#_FV[Q-1?1^)ZWLWO2==4-?W(%1$,NAW1IXE,MCWO7=H&8^JL9J#0F44
M>N<7=OAJD%B`1&,DAF[M:[6"Z7JZ"KW4];EK90BW/9V(ZNE(7$^[!DVZH*ZG
M0:B(9$`SL9LN5(BS?3/K@L(\[@W<B);QL.[]+N&`:M4%[55[[J0UJ"ZZA`.J
M31<45(=NA6RUJ!FC4-<Z.$B[YS]I4,A^Z18YQ-M1VDL04L/$*%2<NOX=]MW2
M,5%AW5!E6)%ALPPKF4E+Y@F-Y&:M0E1CX@*C&D1M0M$#MF/#S:8J/G0=&&]"
MZ=K)'_F:=GG[/I5FCQ,ZH[FE^L_O7"2*M::("D0S1&5":A3GB"I$-:(%H@91
M:Y#MNW!3IOI.+]JYE2-L1*(II;>H<N/6A6L.T_V<,@5-,&J*J$`T2\ANO@?N
MVE]*%(_9'%&%J$:T0-0@:A$M$:T0K1%M$&T1[0RR(QMNK-3(=K,BW7#I69&0
M#,TX+"=AG`5-$$T1%8AF"9WK*\!PX#9,I43):,5&J)U])5'B/]"J)8JU%@DI
MK4:B#FBU$L5:2]1:(5HCVB#:(MH99,<TW-'EQC3=Z>DQ34@&<!R>+/@Q!33%
MJ`+1+*%SNN>151,NVQ+%?3=G+7V5B(TXK%6CU@*U&HDZT*Y6HKA=2]1:2936
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MRQ25:AT]-XCS=%AE5(AJ*^(6B`4F-(A:J^$F\Q(35HC65J/7<U-K@RE;1#NG
MHBHOU@6A#*!<T(UT+`^8D8[(C;3;*(_#,WD_TH"F&%4D9$8Z)JIQ*S%JCJA"
M5"-:(&H0M8B6B%:(UH@VB+:(=@;9T0H%@=QHQ4*!&:V$9,:-PSL/<6C4RGWJ
M]LX3B>*%>XJH2,B,5I0WHQ51FI=G[]VYYDE%I52(ZH1X=CN1!68TB%HG<O+>
M&7>).2M$:ROC%HD-)FP1[9S&>U$Q@QW>+<D-]I[;6DY";FJZY6<L43RR$T13
M1$5">K`34B-7(IHCJA#5B!:(&D0MHB6B%:(UH@VB+:*=07:T3.'HN,MI'XM*
MC-2T3<@-KMMC3"2*!W>*J$#Y64)F)&.[%)IC5(6H1K1`U"!J$2T1K1"M$6T0
M;1'M#+(C:<I887<9:ZC]KES%/7S-2(\6EJ92E!M`V9;MY:<2Q?(%RL\2HK50
MUG"H@)><>'*VWQO35E+6F/W9YBE"#7%UE'3MI0=G?CU&Z>8HZ5:BLH7[)0JO
M).5`=ZQ35"]UQ_G)B5O\-RB]/4IZYZ3IMF@DRZZU52A`J6NWWF_GJJ/A);]P
MHZ7NO1AINV%M+449N_5Z[A-/)4KL!EJS%*4>;96,XK.MT86[*Y^GX\9945BI
MU%;EW&]R%ZC2<(IT2,LHM<7M^Y<HLN(,$5DGU*,:ROY&\L2_&;1!G2WJ[)S.
MZ4B]P6&=$&I4?\<)J;`F;;X.+W(&<V@G`)I@U#2A\%IE=_<.E8("$V<)'7[T
M5J:H\WA/WC\=RF1(ZTYLI7%'1(>5:Z?<NW"&7J0`I=P<U>96HL+PTQL>MFRR
M1.&5I$@OPBJ\3E&I,WJ]$U^CV*#T]BCIG9,>GI]+1UNOA>K7(:^Y!X7ARP%^
MU4F%/9K$G67H:Q.VE\8ID58=7D\FB*:("CZC),X8A8)5=TKHW_*%,+<*S%.8
M,D;U0J:[2-8OA+D3+/`$S0N9[@3M"V'N!$L\P>J%3'>"M0H+YC[W3Y@W*+U5
M.0=Z?Z?"O+1UH*DMJNT4UA;#.^9X@^H^TUBBQ&E=(J,I1A4)J45SEI#R1HEH
MCJA"5"-:(&H0M8B6B%:(UH@VB+:(=@;9T0K%-;5>=)O?6'0SNY&$9.*.PV4%
M!]#9>2)1,EI=(J,B19G1BE%FM")R^V%WQGG24HD5HCJAPUH+3&P0M4=I+3%Q
MA6@M6ON)-G)U_0VF;!'M7E:Q!@@U-V4`O4WU9>'LFU?]6+0S3DE(.R4BLTD=
MGKI2YR1IJ8O*%%'!9Q3Y64)JQUDRTI>Q_A"<$MMEG!*1TJJ/TEJD**75<*)L
MY5I&!]NU1*T5)XK6FE'<#_O773<HLN4,$=DQ`A'KDU#:>\$GV=N96`HTMHC(
M>L!?H<;4?6E-X:5A@FB*J$C(+"!1Z_!6LTR)+@J<$K4HF-M5Y1/=]:O.1SGY
M18I2\DT^T<FW^2@GOT3Y53[1R:\E*BQ&[_JN#K5!X:VD'-Q/=&/CA8WOPNI\
MT'=N0[N/M[?1"1G?C=SG'$L0#^\$T111D9"V':-7]K,J+'2!*B3$>Z=TG+J3
MFU2IE`-]6ZNPH`QWVZC<J)0#RJT*"\JNJ+5$X97*.""\5F%!^-Q?]%!YJU(.
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M:D0+1`VB%M$2T0K1&M$&T1;1SB`[6J^5_-R7'0=8\F,D5Y<QH@FB*:("T2PA
M]TJ>J[N6$L6.F".J$-6(%H@:1"VB):(5HC6B#:(MHIU!=A1?*)N%NQ*_0B:D
M1PO0A!,E:HJH0#1+Z)57KB5*1BLV@FK5C"J)DAT:OG(M49RX2$AI-1)U0*N5
M*-9:HM8*T1K1!M$6T<X@.Z:A6)5;1V,12]\;#Q*2T1HCFB":(BH0S1(Z_)IT
M*5'<=W/6DBU0)5%Z'-R27TL4:RU0JY&H`UJM1+'6$K56$J6UW/WJ6J)8:X-:
M6T0[@^PPAX*1&F9=0LN51@:QP&2&/Z)77KE.B?J5:T131`6?4=PU2\BMR>XI
M3RE1W%MSUM*.2!4SNJ/O'M\,_5/5&K46J-5(E-9RY8Q6HKA=2]1:2936<DY=
M2Q1K;5!K*U&B!0]2=Q)%6M8DH=RA3-+M@&,9Q)@A(6)RKN'`%4O'8>C"E4&E
M3C)LFF$%,VV(**=>EBXY*KURK9XYI@)%3#$%"E"IG0H6(T"E22FJ+:U3@<(#
MB*Q09.U$>A?NMF*3`M0GVJ+,SLGT+V1HS)B'Z:S'7"\,OK;.?MCGV#NBA$RU
M80BO7$L4VWB":(JH2$A7&Q)2W5`F1,644$3INX5BCAD5HMJ*^'KU`C,:1*T5
M<>O[$A-6B-96HS=P'V>#*5M$.Z>B:E;6!B\4EDZQL)20&VJW4QY+E`QUU*)$
M1E.,*OB,$C5+R`PUU)KFF%@AJA$M$#6(6D1+1"M$:T0;1%M$.X/L:+U06#K%
MPA(CZ<YQ0FX`W3(SD2@9K2BO!K!`^5E"9K1B8IJ8_KVO.694B.J$DLCI^XL3
M\W]NDBU0H4'46M%>[[U?M#%GA6AM92Z\R@93MHAV7F5T8?Y/-@76#"_4K<+X
MNKNRA-S(BVZLA$@4C_P$T111D9!9I6,CC!D`S5.BBJH0U8@6B!I$+:(EHA6B
M-:(-HBVBG4%VM%S=ZJCK+=:T3A/2TSJB<&K9X9ZZ:3%)B13%@SM%5*#\+"$U
M1B6B.:(*48UH@:A!U"):(EHA6B/:(-HBVAED1]+5M+K=$=:N3A.23A\CFB3D
M!M`M2%.)X@$L4&N64'BNU)D!WU;CQ/02\K!_X9X/S5.$&O7J*.G:2=-[SFZ9
M6:!T<Y1T*U%AF^<WF4O474G&@=Y8IRA^)?OL?.0V-1N4WAXEO7/2O=/^2":F
M=54H4*E[,+T^Y&[43U-53=6[&6FW8>TM11FWX2O9$B5N`ZU9BJ)G*QQ5<B/X
M#>;SOMR`Q#NS%&&L%:653LW2\<V/OG]Y=X$J#:=(:UI&247Z?M^4)8JL.$-$
MU@GQ2]FG0W^'L4&=+>KLG,[Y2/U6A/6"J\V]Z@6LV9UBS0[1!-$TH?"&5K>`
M0"VAP,190J'BV"5F5I[8KO0>\@5\HW3.YU<O%ARE7*<H?L-YX`=I@<K-4<JM
M1(5U1TW@9*+XD92?5Y)QH"_6*8I;W!^<NQ<_-BE"26^/DMY9Z7[_7'TUPEKM
MM?J@>X7E%.N#"9D%!=_)EBA>*B:(IHB*A,SF,C7BE7=8.-.%N7K=/(6I3JY>
MR'3#4[\0YDZPP!,T+V2Z$[0OA+D3+/$$JQ<RW0G67=@H?CFK[W]*8X/:VRZ)
M=C<O3_5=%Y;1MAX,]3%UZ>LV5+%NIFJ(UZ<1.:^Y3S66*/%:E\AHBE%%0L9K
M,5&YHTQ1"LT158AJ1`M$#:(6T1+1"M$:T0;1%M'.(#-:0U<XY-':<UL<9*0V
M)`FY`72&GDA4-UJ("I2?):2&IDS([8C=&>>86"&JC]):8&*#J#U*:XF)*T3K
MA'@'VSLY=W</&TS:(MH=TK$F<&5#O4/QU>/LF]E#K"\RTF[I*H>RT.";V2F1
M/"5NZ1(9%2@_2TAM.TM&^F8:W\Q.4<IF%2?*OK%F=%!K@5H-)XI6R^B@UA*U
M5IPH6FM&:5-\`EZ)G:<^W9931&7'"%6L4US)4CLE=U\SQ%)F0G;-@'>S)8J'
M?()HBJA(2"_Z";VRE\U'P<H2/Y#JS2J?Z*YB=3[*R2]2E))O\HE.OLU'.?DE
MRJ_RB4Y^+5%AT_QN"":#;ME*BLQVN(/82907MKZCF:(W%>`[M[$=AGAW^8K(
M^$Z]H!N+IBE/+3X31%-$!9]05JT9([=A=5U;JK#0!?20U7[_<9X"E"<JE7.@
M<VL5MI=V]^X+5&Y4R@'E]H4P\%OL<]7TU0N9KE?6*BPT7=WP[`=JDXXKY:U*
M.=#TG0H+ROV^G-I:SI5XNYT1EG&'F9HMOJ0M4;*D=8F,IAA5()HA*A'-$56(
M:D0+1`VB%M$2T0K1&M$&T1;1SB`[6B^4<8=8QDW(O4CJBH1CB>*AF2":(BH0
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MVBC;3C0W9;0U5#\$G:L6CO!FC9'NW!CE.M>U:I(2525GBEI%0FI5FC$B`ZEK
MB:MLE"G*=&=LE]*JCM*JC9;M0'.?=$0'XOW3*"'=@8`F*<HL=/[R.$6I(J'7
MUKEXPK0<Y<P9`TQO=CEZ&)SM*SG_2^;4RK9OPZU*=Q')]*TK*8Y"O-O8)*3[
M%M"$$R5JBJA(2"U8,T1E0J:CXAE58H6)M4FT_6#N%\)&<[]CN:*_D`2?%^\-
M4I2;C.ZF8B)1LM*!5I&B7EOI8F):Z>"2&8^:#NH2#CJIBPI.<CZK4].BK.V^
ML+$^9"-W$S%*&W%5XF`D!ADGY+K5?=B)1$FW)GG1*E*4ZI)90JD/W>Z@Q(0Y
MHNJ@1IV.QL<PIL/.S(T#F3=<%/8+3^;/I>Z#[:1C))]PC&B2D%G0AK[</\7$
M(J%75C2)RKBEY).K?9LD'#*A1`59=\VIC:SM4W,/D?JT-WI/5Z3]=38M9=EG
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MEK5&HEBK1:VE1&DM5TM<212,8KB-4:/83;!X>Z-K`V<)V>*4+^F,51@W?,),
MCU=44Y??@J->J5>IL'`YZ+]WG[9,`4IZKG*DG^"Q>Z7"@O2)EZY1>J%R#D@W
M*BQ*NTM$B])+E7-`>J7"HK1,8CMCPYU8;JSC'9H9ZXC,1NO4_YF?<?AK[K3W
M5S>3DX34>R;3A-1P%`F]LJ65J/"QX-MK)0K/)>5`AU42%?O++<8U"B\DY8!P
MDX]R,[M%^64^T:V$*XF*[9:ES(YSN+E3X_SJRAQO!LV\IJV.._OU&8?1SJC;
MBL"?B1^K,)G_*57/?U:C2UJG-CQW&YNB4Y/+QBS#R@R;9UB5876&+3*LR;`V
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MM5/OBX4*8[6&F:BU"=&M#$<M$:TP<<W(-&-P[BX&&Q7&)]@RDV;L&!DU^%`W
M*HS5;IF)VEU"ZD/=(WK`Q$=&IAG#<^<B\JRQD?$L?24ONWKNN2TN=DA[]G3@
MNG"LPOA#3YC)AYXR<FUWMW&%"F.U&3-1*QE9-7\[/5=AK%8Q$[6:D5$[]4_R
M%RJ,U1IFHM8RLFI^!BQ5&*NMF(G:FI%1&_AOM6]4&*MMF8G:CI%1&WJU&Q7&
M:K?,1.TN(6UD1`^8^,C(-`.L=76EXJ@=ULC9,N]P_X=U<\]3S[O2+G^BZP[U
M]Z\&T-\D<ON0L8K@K`DSZ8<IH_!GRF3GZ?]V4J'"6&W&3-1*1D8-W#A78:Q6
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MT@-7*WU`Z4?..2Q-<XLG1+3U4#W1LQ,M/)LX--'<>Q#G\5F&F6B,J$S:3;3A
MA;_G[#*'W<YVDF'3#"LR;)9A98;-,ZS*L#K#%AG69%B;8<L,6V78.L,V&;;-
ML%V&W638;8;=9=A]ACUDV&.&D>7$!W1AL"ZC#;5V&=\WG@?N]N`1A9M092:W
MX1^G1(KB:]`$T111@6B&J$0T1U0AJA$M$#6(6D1+1"M$:T0;1%M$.T0WB&X1
MW2&Z1_2`Z!$1F:8;;O!,>.IR:&5RK]:$[QEX+S$Z7,KO,GO*32E5;L.G79C=
M\[JJ0:'"V)NS#"LS;)YA58;5&;;(L";#V@Q;9M@JP]89MLFP;8;M,NPFPVXS
M["[#[C/L@9F,VB,B,ET:W/WJ81>J\+A&F:Y;J/@Q3N>0Z_!VPMYOM.S)2@6E
M?!7&=I@PD]5KRNB54KX*8[598G1GR:A$-$=4(:H1+1`UB%I$2T0K1&M$&T1;
M1#M$-XAN$=TAND?TD)`NY3,R]_#P\(;LQ<[`4O[Y"X^*]MQ=".6!@/87;*LD
MC(=_PFK:7Q(F:EC*YTQEIADS42L9F9[`4KX*X[95S$2M1K1`U"!J$2T1K1"M
M&=GV^X+51H5Q^[?,I/T[1#>(;A'=)62J27&<%'K`Q$=&IOV94KZ*HP]@5[I0
MY<^M=%S][U:3ZW-&=*U6*QWLR22,>VO"J=);4T:N[;Z4K\)8;<9,U$I&3LU=
ME.<JC-4J9J)6,S)J4/5>J#!6:YB)6IN0&LLEHA4FKAF99F`I7X5Q,[;,I!D[
M1D8-/M2-"F.U6V:B=I>0^E#WB!XP\9&1:4:FE*_BJ!W6LZ'*G_,L5_^59QEI
MST*]=7PN8?RA)\SD0T\9N;:[TDBAPEAMQDS42D96#4OYV+:*4T6M9F34H'BZ
M4&'<MH:9J+6,K)I?&9<JC-56S$1MS<BH94KY^$FWG"IJ.T9&+5/*1[5;3A6U
MNX2,D6.F0@^8^,C(-`.L1=L`TPYCY`OW3.JU\N8^WFX/.M355]T[16,5P6,T
M82;],&7DRKZN%E6H,%:;,1.UDI%1`S?.51BK5<Q$K69DU+"4K\)8K6$F:BTC
MI^9+^2J,U5;,1&W-R*AA*5^%L=J6F:CM&!DU+.6K,%:[929J=XR<FJO`WZLP
M5GM@)FJ/C$@ME?)=EUU=J1!2LE[_FX^M+OBI@"SFC`X7/<<<ENJIY_YWAB<I
M0)6NIYQS6+K@L*Y4Z__JT`RU2TXZK#WGL*3M'\E5J%QSRF'E!8=QJ_TSL`:E
M6\XY++WD,&ZT_Y+Q"J77G'-8>L-A+.W6M2TJ[SCEL/(-AW%_..5;5+[CE,/*
M]QR6E+WS'E#YD5,.*]/4XOF`#ZCL/'OMD9FKY%_P$P(USQA1?40V^E#)[S)5
M)9^95%ZF"=&7YWAQ*1#-,+'$J#FB"A-KC%H@:C"QQ:@EHA4FKC%J@VB+B3N,
MND%TBXEW&'6/Z`$3'S&*O!4'/`Z1=5,HYF>VVA=<Y.\&]3JA5RKV$L5NF"":
M(BH0S1"5B.:(*D0UH@6B!E&+:(EHA6B-:(-HBVB'Z`;1+:([1/>('A`](B+/
M1`?$1R_6,Z&6G_-,K/'3,T-95>C%>W>/?GV1PF0)&2.:()HB*A#-$)6,S$Y^
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M031E9"Y/\*MWA0KCD9XQTU;BEM$R*YM[_V=*YIQ))V6UBIFHU8Q,V^`)T$*%
ML5K#3-1:1E8-JHXJC-56S$1MS4@Z?,-(HK:(=HP.-^-&A7$S;IG)">X24H:Z
M1_2`B8^,3#-@W,F=,J+4#FO/%Y[N7/`SFFYPKQE);XT131!-&9EF0AVT4&'<
M6S-FTELE(Z,V/'<E]KD*8[6*F:C5C(S:R/]\XD*%L5K#3-1:1D8-BII+%<9J
M*V:BMF9DU;S9-RJ,U;;,1&W'R*AA45R%L=HM,U&[2\AX-EI&H0=,?&1DF@%F
M(,^R`?'9^$6HEZLE]=5='M?7E9<9'7[A9W^F4$Y7+_PPDVDP9?1BW;-0$=RK
M,V8B5#(R6\&A?[-VKL)8K6(F:C6CPVH+%<9J#3-1:QE9-5\I7*HP5ELQ$[4U
M(Z?F]BL;%<9J6V:BMF-DU7R_W:@P5KME)FIWC*R:_T&[>Q7&:@_,1.V1$:F]
M]'Z["B$ELS[W3MP3(-X_Q`/V40^S\`WD[LH]\K_=.U9AW/`),_U#!<QHJG)<
MD6$S9BJW9*9RYQE6,5.Y-3.5N\BPAIG*;9FIW&6&K9BIW#4SE;O)L"TSE;MC
MIG)O,NR6F<J]8Z9R[S/L@9G*?62F<J^N+'1^<D]9Q$]</NX&^[IWDIC8F<P3
M6?AE:>4Q]XX'^0E2I\Q,*GS1@BR6SG`1OVCA)Q[Y#;3);YEF@399T&B_HS^:
M9'^EE0P)XF3(8\3)HT;</Y\AOX(T^?48:;*PE7:M)CN#--GY&&ERN)%^YW]O
MB.P.VF3W8[1I!G3:8A;XRTHT*>`,-"F..0/-D^X,875]Y]X.HCD#TC1GCI$.
MT\AHZQ]+=7,J5,?5AD3F%#\GT7,JLO`U?C5_7+MIFG5AO/;2G$IR,AUI3@&C
M"02,Y@PPFC/`:((`HRD!C*8$,/(_,/(\,/(\,#(X,#(U,#(U,'(P,#(M,#(M
M,'(H,+(C,+(C,/(>,/(;,/(;L&`N#9V?W#.5US:XO1-\V-(Q,0N9*L:9!7CD
MET#R69*35/(9GT(*0&2T".EWHN/6QET%R'6@1*Y#);)=IR2S`A8*<B+HD1-1
MCZS8Z866N?<9R)6@0ZY$';*ET>FYEVK)HB!$%D4A\J@1>N?WIF184"+#HA(Y
MUBBY9Q!D7M`A\Z(.N;?3.=#E9&C0(T.C7G!T)QCZO'<J:YJS=ZC?J^7R=7NG
M@K]4N:][)Y&9913^9#$YO@M3RVB2,_;F4^AE&?8/Y/@81S\H'#[CQ8G[$^KD
M>!`GQQ\E3I/`B&<W)Z!._C]*G::$4>_)Z.Q_8(/F!&C3G#A*FZ:)T?:_*D[3
M!+1IFARE33/':-.78]TJ0U,'U&GJ'*5.L\FHXVP":9I-1TG3!#/2F:T):-/,
M.DH[3#8C/E(_.^@F6WB><6BRN;<]>B?\3$GO62(SDPV_N,FI%*8F6Y?*C*XE
MP&AB`:.Y!(SF$C":-\#H2@&,9@HPFA7`:"8`HYD`C%P/C)P.C)P.C%P-C'P,
MC'P,C#P+C)9]8&148&1*8+3$`R,C`@NFT]#Y+#P!43Z3/7!\-**_"-P[28]+
MJ,:G]L"NA$N+=Q?&WJ&]"3#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R
M$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$S#R$[#@)PV=G\(S
MBZR?P@%?]TI,KNAD'F!D'F!D'F!D'F!D'F!D'F!DGL2H(J/-[:XL9"B)8W>3
MHQ"2I1"2IQ"2J1"2JQ"2K1"2KQ"2L1"2LQ"2M1"2MQ"2N1"2NQ"2O1"2OQ*4
MX29_`0O^TM#Y*SQ?4/YZ?1/*#R2ZB]LU58^B%Z4AY#M@Y#M@Y#M@Y#M@Y#M@
MY#M@Y+O$3-5ZU$/?29SR'4+R'4+R'4+R'4+R'4+R'4+R'4+R'4+R'4+R'4+R
M'4+R'4+R'4+R'4+R78(RW.0[8,%W&CK?N8=7<IWD1U+:7XG)"<E?P,A?P,A?
MK*?7H:'_T7;RG,2Q'\AT"<H3/S)=9.KY'ID.&"ULD:F71VA=`T;V`D;N`D;F
M`D;>`D;6`D;.`D;&`D:^`D:V`D:N`D:FBDQ5X,E3$$>6`D:.BDR_7M(Q<P&!
M@0LN2\GQS-9FX3?#]?+6V6Q_P%T^F6F;(9OTD$T[9EH[\G^=NM!Q8C,6U#9C
M9@7A3::<8,50>;3.L$6&-1G69M@RPU89MLZP389M,VR783<9=LM,^>>.F>J#
M^PQ[8*9R'SMF.]^/)GE/C1(-I_->*)NK2ZMX+]7B=1VGEYCQ'C#R'C#R'NOI
M)6[DG[N0]R1.>2]!XST)E+W;$%Y]R@F2]T"0O)<3Q+>?=!RWD`P)@F3(K*!_
M)X1,*G$L2"X%P77'I/_)I1!'+@5&+I632'?A%X9U'#>&K`N"9-W(K'6!D74A
MEZR;F+.N>Z,@6%<"J37.NJ$HG[5NJM8;Z^H*?OR5VEYX=SW<G4AWDG6!D759
M3UL77H,AZTH<=]VL@\:Z$BAC@:]%=;G432Q(UDW)(DC6S0GBFU$ZC@7)NB!(
MULT)XLM1.HX%R;H@N.Z8&7&P']E93LR"Y&<0)#]+H.I#^`E0'<>"Y&<0)#]'
M9OT,C/P,N>3GQ.RG\[\Q&_PL@=0:Y^=0DE=^?O4NAXP+=]<=HXG3E6OP#QWT
M5!QW"YD_"<J$(//S2?BYD;_`D.\EA+7(]Z!5=LS<]N`K4SJ.!<GW($B^ES/+
MIP5!VD)('`N2[T&0?"^!2A!>G-)Q+$B^!T'R?5[0K73D>XEC0?(]")+O)5"U
MT#^BHAV(Q+$@^1X$R?<2J`3]BQRT+9$X%J3)`((T&20P/FGT%_DP#R2&Q-P\
MH&56SP/9DH0#?CL<V6MO4?6Z,&X[N3W)&;='IA9<LC<P<C?DDKLA;IYA9&3(
M)2-#+ID6&'D6<LFS$$=;"F!D3\@E>T(<61$8.1%RR8D01ZX#1J:#7#(=Q)'!
M@)&_()?\!7'!4!HZ/X5"N%I7Q4^Q0DYK,IOBNM=+3$PQ9N:>Q+LG6^0G2*75
M,S*3FGE2F<+H+XJ'&3,8G;IWALAP($Z&.T:</!C#DOB[P0G6F5"=+'F,.KDT
MA<47P/P/J9)CXW&:\-S)Y-ACI,G$1OH=/JE$;7+T,=ID<J/=Z[O1),?'`-5N
M<OPQVC0)C/:[@1M,FA&@33/B&&V:)%;;/QFF&0/:-&..T0Z3R(CK/POM9E1X
M%)"=4?$9@9U1Z;D!E7>[#<G(_X$FFF1=&/N$9E22$^_0C`)&*S0PFC#`:,(`
MH]D!C%9H8#0=@)'W@9'?@9'?@9&Y@=$*#8S\#(S,"XS\"HS\"HS,"8S\"(S\
M"(S,!XS\!HS\!BR82T/GIU#Z5WYZ?>>;GA68E5L_/^`[O,C,\IMYAZH'J>0S
M/H5^ARK!]`[58."^]TFN`R5R'2J1[2(D)9D5F7>H.%=F`#D1]<B*G5ZX@KC5
MC%R9<D2'7(DZ9$NC`VL7>124R*.H1":U2OX'[,FQH$2.126RK%5R>V>R+PB1
M?5&(_-L)'>ATLC3HD:51+WBZ$XP[7>EW9_#PC.%O&3P]E#`&C\R\V)%YBXIJ
MA&&7;%[L2$Q=S,C@?`KZ#-W"G-N;Q#CZ:^/[O<F%>GME/\O(]$E)S$6F/TJ=
MYH%1SV].0)[FP%'R-"V2?'P%K.]>":1Y`=HT+X[2IJEBM-_YOYM,4P7$::H<
M)4ZSQXC[']6GR0/:-'F.TJ;Y9+3?^5_YH0D%XC2ACA*G.6;%,QL4$*?9=91X
MF'!&7;_2YR9<>-QR:,+Y-ZG"#_;`O65D[@^)NK<(:>?2A:F="S":<,!HYP*,
MIA,PFDZ1J9_=H:D3V4`*@;1SB4Q-=)HKD$OS`G)I+D`NS07()=]#+ED=<LGJ
MD$NVAERR,N22E2&7;`NYY%3():="+KD2<FF9AUPR(N0&T^EDZS/Z:2CCL^[>
M<G_`U2H2,[^I,SJ!-ZDD3/R$;-I#5F38+,/*#)MG6)5A=88M,JS)L#;#EAFV
MRK!UAFTR;)MANPR[R;#;#+O+L/L,>V"FYMYCAI&?TL#%7ZR+?OKP_?>GIQ^3
MCS\^_O+3EZ=O_WP:/_WQQ_<WGY[__96NS7WZHSJ*O_GV]-O/;^EOEUZ&W^TA
MDW09Z<C%Z>7^+'CHFLQ\N5]B<L?Z)Y?[CX;'KGJ75_N]B#O5-?&K_1=N_8$^
M'<AF#.A`MM6AT3DI^BB75[2%S[1J>'YY=7:2.W)&#:,_.8PYM+8,+FDQR36!
MUHX!]4#V&*T-H>7Y@]2MIY=T)=@_I_$]07<^X=C^/@*/G8=C^R4<CPW"L5Q#
MZ6(RN*2K1^X872P&EW1UR!VCB\'@DE;_W#%:[`>7M+KGCM%B/KBDU3MWC#IF
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MZRQT36XII&/GX5AN)0GOEU'/9'NM#,?V[X;A^<+K8=0SV;SP2ACU3/98>`V,
M>B9[++SZ13V3/48_#7`9OO>/+:&O^5^&[_#C$?K*/O57]A#UY0DMH/2E?$RC
M8_UP+#??Z5A8S.E+&YD\.MTX>S;Z88G+\-,1F$._%'$9?@8"C]"O/ER&GW3`
M(_0+#I?AYQGP"/T:PV7XJ04\0C\Q$[HBYP[Z61=J7,X;]!,MU+C<$?JY%6I<
M[@C]=`HU+G>$?@:%&I<[0C]I0F.;.T(_3T)CFSM"OS\2/E#N$/W@U.7_T74V
MNVWC4!A]E6`>8)I(HN0(@RY(6[)ER[';+(KL,I@T+>;'11I@7G\.8TP7YNDN
M\3&IRX^7E"T:]\L5IDH5*#+%A8Q018H+&7F`<"%#U&M".=-T#<F%E<H0J*.$
M<D:HB81R1BA31-A&*#E$V$:HX9S#UOR^);TI!%H&1V7/W,CNY)1.Y$J6]M2]
M@]B&114T]#'E*'.&/D8F2"Y;5@9'F;(^UR4K"77(^EQXK"34?.\_49:])!1U
M9ZB*(M+E6NIE(TJG,R`CE$%G0$8H:<Z$&Z$\.1-NA%+C+!4CE`TG%8Q0`IQI
M,((?1)_-'LKQX.V`/$8P;\CR&(HHEVT4RNYP3>BS)4))<$#H-TIP,^BS54'9
M!F>"/ML.E`27@?Z#$AP#&*JUP=.$J&T\^),0M1&\1HC:"+XA1&T$#Q"B-H+)
M!U$;P5F*V"Q_<8DB-B,/D#?CH5*>N.CHSC:%%610@L$/0[4V6.<0MA'<;,@>
M(]C5Y.`,83I+(_M0B(%L;F0H+O*^A-V@#9:OAME4SE!`!]V8%FQ92G"/)H%L
M%>$$31LC6#WG$`SAOTP(-B0,E9D*(Y@C,Q5&,#HFZXQ@6DS6&<&`F.DS@IDP
M0S6"LWR?;>-+27&)[[,%?$EP?.^SQ7M)L'1''D41Y;*Y>MD(+W7D,8(O.O(8
MP>,<>8S@5XX\1O`>1QXCL6/#.-<\OOCRO8(,2M:0C9(CY(.2!PCRZ+Z`<DF%
M6T$&)6O(1LD6LE.RA]PIB1U+2!^51)XP)7Y9)5,'^:0D=FQ,Y[.G0E(V)B4/
MM$$>VTIBQS.0\T\R+[H;(*.2#612LH/,2NX@!R6QX\M`9WO/P#.FJ;/%M8,<
ME`Q=1=3VN6P#F93L(+.2.\A!26IO^F5KL:6V@=AX4AL@MI>F=@&Q]$WM+<2V
MA(@&R37@J=T8K+<-9%*2`M<)=IT!,BK90"8EJ;TF:MT10M6O@LU/##5$;T^A
MZ>^#*1I#@)BB,;006UHQ=!!;"\LF]*O&>ELV+41[:Q80TSHVMQ!3-(5K1FKJ
MI'`#L:R*-;W5UEMLZ*VQWF)#;XWUEAIFH=%9:)@%#N3*+2DU#41GH4:#\RG9
MQ1XR0M9*)LA6R0S9*SE`CDH^0NZ5C#494MN<CG5+;#:G$V2K9(;LE8QU1V^6
M51-DJV2&[)4<($<EL2(/S@<;%UK'FCRH-0]J\J"V/(AUA3J:!W4-L3R(-:NQ
MMCQ85F05/STO<V=9D554XRY)K%ASE<U/K%ASYQK5%R--50<QK5-%)E:Z&CDC
M6/WDB(#>^)V)Q'9#;WITD#CD67%J*6TXXEEQ_E225#$+Y]JI%^.)-VC`3P/+
M-B-DK62";)7,D+V2`^2HY"/D7@FGFQ";TY$3B[4>6$R0K9(9LE<R<KZSUN.=
M";)5,D/V2@Z0HY+4<F,2I5/7+RT'$C=FRZ?$[=+FG\>:'/_I_/,H?]0G^8D/
M#+:>AJ:?[?7$QPC+EB%PHY:Q;0*W:7E]%_KY[?5W/Q+R^_O?OCT^/\V/+\]?
M__E^]=?39TY'KW_ET^O5R]?G+S_^>3U]X^S]EZO?3Z^OI[_?_OSR]/C'TTM^
M-V_^?#J]_O\/:?WNW]/+GV\GL.__`P``__\#`%!+`P04``8`"````"$`%YVD
M8647``#C=```&0```'AL+W=O<FMS:&5E=',O<VAE970S.2YX;6R4G5U3&TFO
MQ^]/U?D.%/<;\"O8E>Q3:VR/W]_QN68)2:@-.`7L9I]O?]1NJ5O2OT/(32"_
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M>,S`ZNGDX]VGF[^_OFP.WT=W]Y^_O%"ZC^>[/7RE,]&_)P_W80Q0TV_^/?[\
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MTH.5!VL/-AYL/=AY<.W!7H$S2F;**"7QES(:[$-&)14]`3G%=9<]L1"7O@<#
M#X8>5!Z,/!A[,/%@ZL',@[D'"P^6'JP\6'NP\6#KP<Z#:P_V"ICLT7*DLR>7
M7<"T5JK+KMZXL%GI11N:LB4M5T#Z0`9`AD`J(",@8R`3(%,@,R!S(`L@2R`K
M(&L@&R!;(#L@UT#VFIC<T7*E<\=SZ;NP%WCY<G_[5^]PW-I(3H,Y3;LT$O1<
MVG%9C59-6B&25;W5MD97R4A2WV?Q1AH,`R;Y0A\"J<!K!&0,9`)D"F0&9`YD
M`60)9`5DS22W:P-D"UX[L+D&LM=>)M&4T%])=#`_)EJRTXODLIFR<P6DSUZY
M78-(+G).AT`J]LHV(R!C(!,@TT@:M%],PZY9=^O\+!E)P^9`%D"60%9`UD`V
M0+:1U')3=Y&H#KH&LM=>)JFT%]=)E:LT8)N\2"Y)*'5-X])US54RDJ[ILY#*
M9R0JW"&0BKUR(T>1O'[Z<3*2TT]`:,HV]".UHUEWT\\L&8G0/))Z.XW=1;)1
M0HUS.T4MDY$(K4!HS3;YLM@`V4:BL\XVK^;C.AG)Z?=:R`P$VO^7!D+`=B!$
M8C+1;-1LNZ^2D9RXST)J("2;W(&-CNO`83(2H8J%U-A(-EFHV7"[MW$R$J$)
M"$V3C19JV*;-DI$(S4%HD6RR$%PLRV0D0BL06D>B+I8-D"UX[2)Y/477R4A.
MO]="9FS0C4]I;`1LQT8D[L1-VX%7R4A.W&<A-3:23>[`9J-EA8;)2(0J%E)C
M(]EH(;>1&"<C$9J`T#39:"&W&9TE(Q&:@]`BV6@A-Y$NDY$(K4!H'8D>&T"V
MX+6+Y/4472<C.?U>"YFQ06NE'AL_V_X%<SMF(J$U-]Q6U\]K[GJ[2L<EECYK
MJ.&2;'2?NDE]F(Q$J&(A-5R2C1)JNCEIG(Q$:`)"TV2CA=PL.4M&(C0'H46R
MT4)N<ELF(Q%:@=`ZV6@AU]F;9"1"6Q#:)1M.F+N^K]-QT=AK#3-X:K3!_Y71
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M[=&'B"IQS(T>(1HCFB":,OI)"2M;2:AS1`M$2T0K1&M$&T1;1I0Y"6+'2/77
M-:*]<;2Y#G4NE>LT5W/]2^<T(G,C!/?H5^&CU9#F^*E^_,R.M72:(U)A#]E1
MH8J1:N\HR^<%`X(89ROIJ`EJ3<5*;X2QLI6M1&O.2->VLE6.JPG%K6PE6BO4
M6HM5OE(VB+:,5.?LQ(HZ-ZVFT#G7V4J"V!LM.SY"^:LT/K@LIL='1&9\8)VK
MEJSD['U&9AI(5JHE4.I"K4JT\B4RRE99"ZM=V4KBFJ#6-%MI+7=/.,M6HC5'
MK46VREJ0K66V$JT5:JT9J8MG@VB+CCM&KR?M.EM)$'NC98=,J(J5A@Q7R_20
MB<B=';9_R4K.WJ^QEIY2DE7N3JR`L:.:GBK1TD.FJ.7NS\:H-4&M:;;2<;G;
M[5FVDC;.46N1K;26N[U;9BO16J'6FI$9,K'9"FW1<9?E=1`N:=?92H+8&RT[
M9$*Q3`V9G^XNN;BFAU)$N2KF*CY7X;$;6IC(0`+J,S(33[+2C?.%,=2J1$N/
MHI(6U,90:X):TVREXFJZFLPL6TD;YZBUR%9:R_77,EN)U@JUUME*:[D)<9.M
M1&N+6KML=2R'0&'S.AN(S-[(V#$5:FB_,J:XYJ;'%!?F:#%*ZVFA4A:MI%)6
M]Q]_]FO1P%3*WJ(\9$>JU!WK.#5?SZ_80.T!1MGGE9C'92LWD4Q0?EIVA-DL
M->\8>-/5B>8HO'B3\#);'8>("WB%NNOL\4I_;++5,>"Z"WB+PKOL\HKP-5O)
MX(`RZMXHFP$<GO9[=0"[DMG1WI9Z&?VD9):MY++J"\I5H8&@/,$-$56"LN-(
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M=N:IK;"C&[)C(W[V"9]/&EW;HG`#56I1O+$R+6*D$Q%1:E'MTFU#^O5H85K$
M*-_6#-F*P_?/]51&Q(8?;EA*X<<;&1,^(QU^1"G\^@6,H6AAPF>DPX](>M_=
MXU1U+6+##[O.4OAQ-VK"9Z3#CRB%WVB[N[X^;>##(#3A,]+A1R3ANT%9&1$3
M/GD4PS]RNZ\3I,)'U&>DXQ6DXA64Y^;*(!OC#_8I#=RG"-(Q1JLP`-/5UVRZ
M37R?'4W8T3%.[\<O@@S1JC+(AOV#I;B1EN(TTPC284>K-#(N_'U8GYU,R-')
MA!P1]6ZXR>CX@6U$;/AZ\:4;!IG?&[CX"M+A1RL)OU'S6XT^.YGP]8+*/1X1
MAW_I]A.5$;'AAX5+KDL=/B]H:IYO,-+A1Y3";[;]K,A.)OSH9'H_(@[_`L)G
M#]R;-\(R5PJ?EU(=/B,=/B^2O$PU+OV'`OVCOIU6!.G+-.IP^&UWT53B40@_
M+'FE\'E)U>$STN$#ZH<'A]PT*$C'"U:56!5B#(M8*<:XN.F9N\%(QQB1FU;\
M[,V.9I1$1S-*&.G94",[L,-25`H[+E$F;$8Z[(AD8+?:_AFL?B-:F)`9Z9Z.
MB$=&_=(5\BJC8N,/2U4I_KB$F?@9Z?@CDO@OFGY*Z(?/5/U(8:3CCTCB/_<K
MIE$Q\8='"73\/RL;'^WM2BI(M8N1'4[^H:\^6^G<,.JHMC&BN?%8K_*/:E9&
MQ;9-K[2A2!2_<9D?F/+?$L(5N,E(MRTBTS;Z?J]]C*O/CJ9MK'5.79[6;MPY
MBR<_-5BK^45.#'`.:(;540U&:+`K=QWMC\G,`=%MM#MA3\QT)\1U6-T#]=%J
M("B72X:"LE:%:(1HC&B":(IHAFB.:(%HB6B%:,W(?/X&PV&3K627M#5:=MR&
M78)*H^Q5FG'WH.<40;D[KQ#U$0T$Z=2P?-:JQ"JC$:(QH@FB*:(9HCFB!:(E
MHA6B-2.3&BCB;+)53HWN"9N:L,4II29N?4QJ&.6^NVH"ZB,:"#(UG,:EF].'
MRDP"KYBIU7BDS/)%WFRY%6ZLS$1M4F#3`IL5V)R9BF2!:(EHA6C-J&8ZI-ER
MV\^-,I,F;(4=DV`S&3:#*I,P5_K%@?>E:J_79*0S')&:]OMLI=!`'$V#\&M(
MRDP:5(E:7B!'C-2:.4Z>-$VGI:;9<D-HHLSD!-,"FQ78G)E),#<^Q[9$JQ6B
M==*G%3*%"_VQ4682[M:HV02'W?.O))BWZ3K!C'2"(_I)U;(9K4S.6<M4+9LM
M=R,V9,\:F4D;*U'+_3I*9K2K23W6]%]6'BLS49LPZ^22XU29:357>YHI,U&;
M,S/#H-Q2=[NU3&JYI2M46RLS'9N[-=DH,XEM*PRKO<UP/Z+&1EIAXWV*F<89
MZ3'`Z+PI=5._X>X?3V!O2!G5SNDJ22DK;/]$/'YB7>M<NN)]A=HC1JIF/$8T
M0<<I6LT0S=%Q@59+1"MT7*/5!M&6$3V:0-FTEW6X52NE+M["F=0QTJF+2%V8
M_2:@@:!\P0T158A&B,:()HBFB&:(YH@6B):(5HC6B#:(MHQ*>0BWG*4\Q%M1
MDP=&.@\1F9LH_,"D&:U4M@:"=&K`JA*K7((8(1HCFB":(IHAFB-:(%HB6B%:
M(]H@VAID+I&6NZ>7V>W([;V[()4:1E*3*'PHQ!8Z+8)46D3Z/);M:IV&VWY4
MXJ2RE)SHHOSQ)#EF,ZYW^'+@!(6G;Q.>6>&ZVR7/47CQ-N&E%793^@IUUV_3
MW5C=EEMDMT;8#I)0C2A<ORVN4N15N2=(#Y)HE08)?L[&3F:01">U5QB*M`R2
M2U\`JU!GA&C,2`I@;G<P08\IHID3@>1S^'FX+E!D:44@T:"Q1HV-U?`US:WQ
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MHTE-=#2I8:13`VB$6F-$$T131#-$<T0+1$M$*T1K1!M$6X-L:D(=H90:KB_H
MQ8R13DU$:=[#)PY:T<*DA9'>QK*TS'OM<U=WK%!GA&C,B.<]JN_8#XPFZ#)%
M-+,JES#Q09,6*+*T(G4GLD*/-:*-$_$5D*UQL7D-%8Y27KGRH?/*2.<U(LEK
MX5&,5K0P>66D\\K2DM=FPZT`%>J,$(T9<5X[;G!,T&.*:&9%+MR-TAP]%HB6
M5L0_<K="CS6BC16I7;KU>6M<;%I#':64UEA?,3,I(YW6B%):\1&55K0P:66D
MT\K2DM8Z;E-`9X328T:<5O\4X00]IHAF5L0_=#-'CP6BI16IN<5EA1YK1!LG
MXI]]V1H7F]9072FE-59=3%H9Z;1&E-**C^ZTHH5)*R.=5I:6M-;\(V\5ZHP0
MC1EQ6B]<9T[08XIH9D7:[J/_.7HL$"VM2,U=9ROT6"/:.!&\J="=:]+:_D&-
MZ,AMC4B02BNB/B.=1T$JCX+4)@?1"-$8T031%-$,T1S1`M$2T0K1&M$&T=8@
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M$A^+*F9E9:03'Y%)/#S6UZ<_]..?SA6DKW6PJL0J+[8C1O35`C,^W,9P+)[R
M4DG_@<E$#++T]&W2,S;C[\IW?*%CCLJ+MRDOK7+=WVJO4'G]-N6->/+WS.K^
M([NM&!R[(PZ<^+>5XM]F>;A[^GQW=??UZ_/)[>'O1_K,L1,>-$Z8_ZA3O=[]
M@YZ[I8<1_)$F':%SX)%!L]T-C_/@$7IZIQL>S<$C]"1.-SQF@T<6="0\,H-'
MZ`F9;GC\!8_0GZ+ZXSB]N9A[]">J2FWIU;O[HGVCNS]>&D[GCR;IEX3HR4L*
MJ>1"#S=2IQS?RN3$Z$%%:GKI"#W_1VJE(_0@':F5.I^>@".UTA%ZV(S42D=Z
M]?/N%7V_'#NR5Z<>*[:4OBG<#5\#1A_Z*BX=*?9!G?J`OIV*/O0P,<564J,W
MQG3#^V#0IU>[[(87L^"1`1T9%H^,Z,BX>(1>DM(-KT!!-7KE23>\T`2/T`M,
MNN'U)'B$7D="49>.]*@]5\7V#.C(L'AD1$?""X/P//2"((JZ=(1>]T-1EX[0
MRWLHZM(1>@<815T<(;4V15VZU`9T9%@\0N_.HJA+/O0F+(JZ=(3>:T51EX[0
M6ZHHZM(1>@T515TZTJ/VA'?*8;\-Z$AX:1P>H9?$4=2E(_3*-XJZ=&1!1Y;%
M(_0Z-HJZY$-OI*782G-(KT:S45RDW4S1JS7(IW1E]6I-.E*ZLNBEB-32TA%Z
M>2'%5CI"+P:D'BT>H6%='-6=[M5QW7<1#SI=>A%XH9<[77JO-_)IITNOZ4:^
MZ'3IK=O(UYWNIL1WG>YUB?=HRBC%/Z`)H\1'-%V4^)0FBQ)?T%11XFN:*(J<
M!G5IY.YH2)=XCR:/TI4[H*FCQ$<T<93XE*:-$E_0I%'B:YHR2GQ'DW.)]V@X
MEL9/CR[(TM4PH,NQQ*=T^93XCB:J$N_1-%7JMP%-4B4^HBFJQ*<T097X@J:G
M(S]+`YW^\N2WF\]W\YNGS_>/SR=?[S[15NK\^%6KI_A'*N-_7N([JD_^/+S0
MWYRD0B-]*XO^F.@=_6&Z\W>T3_YT.+S(?VB@GZ4_3_K[_PL```#__P,`4$L#
M!!0`!@`(````(0`[T<JCP0(``&X'```9````>&PO=V]R:W-H965T<R]S:&5E
M=#4S+GAM;(Q5RV[;,!"\%^@_$+S'E.SX(<-RX#1(&Z`%BJ*/,TU1$F%1%$@Z
M3OZ^2])2+"EM<M%C.9S9':Y6FYLG6:%'KHU0=8KC2801KYG*1%VD^-?/^ZL5
M1L;2.J.5JGF*G[G!-]N/'S8GI0^FY-PB8*A-BDMKFS4AAI5<4C-1#:]A)5=:
M4@NONB"FT9QF?I.LR#2*%D124>/`L-;OX5!Y+AB_4^PH>6T#B>85M9"_*45C
M6C;)WD,GJ3X<FRNF9`,4>U$)^^Q),9)L_5#42M-]!74_Q=>4M=S^940O!=/*
MJ-Q.@(Z$1,<U)R0AP+3=9`(J<+8CS?,4[^+U;1QCLMUX@WX+?C(7S\B4ZO19
MB^RKJ#FX#>?D3F"OU,%!'S(7@LUDM/O>G\!WC3*>TV-E?ZC3%RZ*TL)QS]T6
MIBI0@BN2PO4`E$Z?_/TD,ENF>+:8S)?1+)[.,=IS8^^%VXL1.QJKY)\`\JEW
M)-,S"=S/)-/96YM)2,07<$<MW6ZT.B'H"I`R#74]%J^!T&4^@_J#?%<+6,H<
M>N?@*8:^!9R!Z.,V7J[F&_(([K`SZ#:`X/H"ZA`$=#MQ$+P0;S5<U&DX^YSH
M;0A<\DU?YP,;7N%ST10#R4LZR]6B8P@:`73MC_DRQ>L>9>M/FZI;!</ZU,L!
M=0"-J>'$+[(=4KO54=:K`74`@<!E:4D'ZIF]Z,FU%;CH4":).H9@3@"-*UCV
M*(<5N-4WS0F@,;4;C>.^;+-VJ\.L5T-S`JAO3A)WI?7,27IRK8R+#F62E]X+
MY@30N((8/J/_E."7W[3GC'J%W7UD_S8(IMTX]9%#9]3`HMG`HC#VPM207!?\
M$Z\J@Y@ZUM!V,4R!+MJ-V]W4?TG=`@S!AA;\&]6%J`VJ>`Y;H\D2&EB'>1E>
MK&K\3-HK"^///Y;P7^,P!J()@'.E;/OB)G+WI]S^!0``__\#`%!+`P04``8`
M"````"$`I?LJP)(1``#,40``&0```'AL+W=O<FMS:&5E=',O<VAE970T-"YX
M;6R<7-ERXL@2?;\1]Q\(OX^-!`)#=/>$00O@?7^F;=PFQC8.H*=G_OYFJ3)5
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MUJO-ZFF[#^H.O*'6Y\'!X``T??ORN`0/7-A;Z\73U[VC:'C?Z^\=?/M2!NAN
MN?BU87^W-L^K7\5Z^7BR?%M`M"%/+@/?5ZN_''7ZZ"`0/C#2>9F!BW7K<?$T
M__FRO5K]FBR6/YZWD.[$B3RL7N!.\-_6Z]*-`7!]_D_Y[Z_EX_;YZUZGMY_T
MVYTH3O9:WQ>;;;YTLGNMAY^;[>KUWI,B5.65Q*@$_D4E<6>_&R?]P\]HZ:`6
M^+?&E(;;=U$0#$9!0!KX/>3#O\B/X)X-`GT4@-E!_NU'W7;/A:A!;(!B\"^*
M)?OQ81(ENP0CR+?/BDN\CWC\FZ)50N$/\F[_,$FZO<-^L[DN"/ZN(0,1$_W-
MP1!1.MP?:$'GTT,JHB2Y/SX9`DI7!']\,@24LBCD+&8A:$AV3#ES?^!=D_U^
MU!YT=L0]KJ9/F#__1]QC2I_[`PWH,MN;TW?@UX5R/4GGV_FW+^O5KQ8LTC",
M-N]SM^1'0Z<95Q(<]]7:`DO<@Z,?.?[7/9@IL&IL`/W[6]3O1%\._H;5Z@%)
MHQJ29(R)X58LIS?50*:!7`.%!B8:F&I@IH%C#9QHX%0#9QHXU\"%!BXU<*6!
M:PW<:.!6`W<:N&?``62W2C$,NT^EV/%=BBDW(P)"SF.53F*02*J!3`.Y!@H-
M3#0PU<!,`\<:.-'`J0;.-'"N@0L-7&K@2@/7&KC1P*T&[C1PSP"13IBD/)TT
M,1T,U9U/S*BC\C3RI,B7=S?OQ@9)#9(9)#=(89")0:8&F1GDV"`G!CDUR)E!
MS@UR89!+@UP9Y-H@-P:Y-<B=0>XY(M()592G$Q?@?5=4ML_+A[]&J[(_HS0[
M.JS5,#BJ!;@SD+-QA)Q.-8/''CD,>4\-DGFD`Y6QTAPGB52=5R2:Z85!)@:9
M&F3FD<.!,U&$`]S^3#@<O0P'V3-"A#GOD0$/69STI&.I)[$(9:BH/2BK7-R.
MNE(D#P2Z>8&WZE61GP22JY6@I2.U3`.!M,P0*E=@$1SHE6QPH)^OJK,CR'`@
MPL*!R`"ZIRK14=31`?$T'I`Z0=@$2']R8F'8>DIO8?1.2((;9/1.B?6!WAG7
M*X(&:GG0:"(Y6(8*$18J1-JBW8DZRN74TWBH#))[!/)?CB8]_`HC,#'(M%G%
MC`N(`+A-/VOQ*``.E@%`A`4`$1V`0YGSU--X``R2>X0"$+7;4D=A)"8&F>[0
M,>,2(@2PJ-6%P,$R!(BP$""B0Z#6W-33>`@,DGND"D%7M<V%D9@89+I#QXQ+
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M$^F!@A"/$D(Z2F;*>)Z(DH=@I%`'E>,]:<K$?3-IC)H)RC`U4Z4FZJM%;H8$
M;XV,DFOB/A,E;/KX6$*(1\E#,=3ZT+OI(9#"2;"+N(@1ZFI#%:@D39.5HV3<
M[I1+3708*8\+JWN"$)3T)MU3K;O?5C-@)G3+:+KNKBF:-ZMWF'55'^Q.%?68
M0XA'TT-Q&X)3!26)U9XG166.1@,L0^PP:,LM5!`4%O,)0IWRX0#.16]&+YRX
MS)`%DQ#N*"/AVCP6B6HY]NT?+&=DX\B=C^JUR$.'T"A5#D=15^U)4I0$&BG+
M+)1;J+#0Q$)3"\T0JG/8-75U#OMF3SB,4$C*./*0=EAMY=)`"PY7D@3EEE58
M:&*AJ85F"-4Y[%JX.H=]:R<<1H@[C`T@6,\S;,9T12/O,G<F[E:-D/3<0H6%
M)A::6FB&4(W#[D2]SN$2E_TH0<QAA'2&U;8S#;3*80OE%BHL-+'0U$(SA.H<
M_F33&5=-)\MIWQSN(<T];ZA2;PXZQJ0LA#!%"(Y^\(Q"C98L$"AXN553!!:J
M43F8!`*IF5HUL\!"-6J[?1P(I.;$JCD-+%2C6H"S0"`UYU;-16"A&K7QNPP$
M4G-EU5P'5LA-%"6JN[D)-%)V:Y7=!193IKN`^\`"7:*&N!%2.^%L2U]280XF
M,`2K006&J](])AX?5:BMQZNK:3DRDDSXBA4G*ELYTN+0Y!4DV7R#"=&:;S"U
M-YB19/,-CHG6?(,3>X-3DFR^P1G1FF]P;F]P09+--[@D6O,-KNP-KDFR^08W
M1(,;N&F4'*H"?&M5WY%,L^I[HM6HEH/>[:586?7;N?Z^>\A?MVUQ#T-5"TE0
MPAM=F`RJ?1H3CT\&KZT3.L&,6`FT?]74JAGX7E(,?*-L\GO*IDACRF8(,<N.
M?T_9B55V:I6=,64N]6;#>F[57%@UETQ-0[2NK+)KJ^SF]Y3=6F5W5MD]4Z8=
ME`/0;3G-`/QXWQS[+2KO]PC2`U#-IC'Q^`!$;?!6$H^?JJT92?;X>E\S*+TV
M-HZ*2K+Q!I.*UGB#*=+8#6:59.,-CBM:XPU.[`U.*\G&&YQ5-'^47S.@37`N
M*IE&U9<5K='V*Z2QX%Q7DHTWN*EH^!C"KL/&]KM*IE'U?45K^Z.#)`ZC4LX#
M=Q31-`_47MXMT'HA]E#<!FNKI;.KSRK&),FG@9=DV^\,61VV[T&(!;@@5MBW
M3P@*@E,K."-6$#PF*`B>6,%38@7!,X*"X+D5O"!6$+PD*`A>6<%K8@7!&X*"
MX*T5O"-6$+PGJ!24^7?''2S_=((1^V,0L=YY2.WM]$/I,4JRG6MJH<Q"N84*
M"TTL-+70S$+'%CJQT*F%SBQT;J$+"UU:Z,I"UQ:ZL="MA>XL="\@F6=8+VKS
M[/!R6Q_F+KQ#IIJHD3OC=+0P><<(L7/-U$(903#3J[4AZ:HM;1Y8M-,J"+(O
M)<3N+(@-V5U/B4J^.KGPQTG"'0_M>#$!=3&G,U(/#X2"BY%YI)HS7G`2[:B9
ME^[\ASE9S4M_+B3F)4(\-PBIUPKT/BZ%-=6E5;CCH4$X7LV1Q:`"(3@WT]O9
MS@?G1R4NLT`0,YP@>/"`.WPU5%)D<).94,B`V=OF2*.'-?I%G4)H%I,'VO':
M9)2X\LE1Y40A5O!)'<6DR!`^>3T,RI%%]NLCAD)HD?9_<,30L4<,!/&<("O8
MK_K4%(68L9F%<H3(?O/6A1"1]KLM%DV&/HR,\JC^J.-W7GPN$,3-1U8P7YUF
MI"@DS/="#,J11>9'*@B%T"+-=VU<C?F^NQ/F(\3-1RB8K\Z\THYG,%LS"^4(
MD?DJ!H60D-:[)BU8OVNU[?B>3GB%$/<*(?`J3%E[!)>B-N&;%V6/TW-DT0/&
MKNY)"J%&>L?['RARY1O7_#V,CFV$".+^($O[8W*%/10[>2!M8JVN6;WP#O@(
MOA>IA;%`/3Y4TD=>^\G'C\]:H!W'EH#JU(@@[C&RE,<]]8@R15&102\J,N@A
MRF#/#$]_O<XY5T(_,3RQXK(G<[#7,$NVAUP/4G4M\`V*?$DJ14'A&NIJ?OJ:
MHV3<[OD3N*Y93+R>.G]=?6[P5^W7W!NDOK\+R42()]-#NYZ]HC+Q[!4QMH?+
M$6*/4`LRH[RG&)Q=WB^$M;V$96DEB-F-D-J2]-1!?AIH%(3,0KF%"H1JGAIU
M>4L`PZ1<-R!I_J,5^Z5&R5?^V%8!6=H?=;Z?!EKP!_N%L#7,+:L@*VK2P%L$
MEH:J0V`3H=\)APEE)1YUD<93XR$V.5)D,2@C"-;T:J+9[4%@D;\%079[T)7-
MPJYZ5=)58K!CX-YX:,?N`'4)!U'7KMT!F0&\X"/*VB:[ZTI^6`2H(2IAY8OM
M*(@E"@[47K7FIL@3WGAM;">0(XM!!=V@QFY7NVOLQFX@^#[J(L1S@%#HA%0)
M3%%(6!R$P@BSU14E80O@MAV1?AFF$)KE^N7J<HU+6*ZY2PAQEQ`*+NFM0=<S
MA$L&RI%%YD>J[2B$%FF^*ZPUYOMZR[NX+D+<?(2"^:J.I2@DS/="#,J1A>;K
M)SB%4"*M=V6RQGJLPCSX"''K$0K6FQG@&<S4K&N@'"&RWL2>2TCK92FO9K$M
MV5U;L@D*UJL;I\@0UGL]#,J1A=;KTED()<)Z]]B#Q7[7.EO2Y=I$$,L)0>!5
MF*XU^P+D,4<RA'A72=K@Q<!R6ILGY870(]VK*_!\8^`>PJO.BB#N$+*T0SI9
M*"H<0E&Q3MNEBVZ*O60$'Q_+/K40NJ63LNK[''Z\,TBJ;H!JU(@@[C*RE,MF
M9X"BPF4O*G+H(=A=NQ1V]-%A(;1(YUSY#(O#S@&*U98M&@E"W#D/[=@9H*!P
M#77MV!F0)!8BV*[K9'H]7K7T5S8%QE^U,TBP,^#^VF8!6;MV!HQ&0R-#C.\,
M$.([`X1J6NS$E>Z0/UH>2U@M)+990);NI%7CF@9:,-LK8\\O<LLJR(IR:,@T
MN/(<S/9I@.7LHYV!>^-`KR,(\7&'15^NBSW=`:$R9GQFH=Q"!5E1XX^KU]J?
MCQ^4)]@3P+2M.GIXH*`,'1&-N^@E=_385C!#J!]TY18J2-!VI>Y%&^9A-=`<
MK`8:0N%.XU(86&*5KNFFB1=$,X+8GLU"A8#D2*OO'Q+;/Q`4;CXF*/0/*D4I
M,8)0AI!8_6HJDC<`6XINWRQA_CK\2HUY>M"3306EHH1E*@@*UHT)"BZI2I@2
M(PAE%LH10OL[^F/,`J_7VB^[ALI^VRNX=SK<Z`JFC`D*]NMVFAA!*+-0CA#9
M;_H!O%YKOZNV8;)7]OLBS+<#/82"*6."@OVZH29&$,HLE"-$]IO/T(2(F!$]
M5QQKS,?:RTI=R53AIPI=/7O239H5RBR4(X3FQP.EI1`BTOP=%5Q]?=ZS%9R@
M$.`Q09`5MB*;MUU3X@71C"!XK$SE,2<,>^H._'B1ZE"(42J2_LF*;CH4[1^6
M=9XV6^G=&XEN(DG_S&$MT;A[I`RF8E6K['*&DNY\O6)%YNNC`FFUL\H5[S`L
MC=^J,^MA^>=^(Q2L'R-+OG9S>*A&6XHTWHH2%)3E%BH0JFG,W%MKS)UJD:@J
M/PV64<E4L\RS5&.F:T2*DKR1L5!NH4)`?O3Y'^[R/[3SNEC_6(P7+R^;UL/J
MYQLD%/K3;U\J&'\Q+.X/C^"P%!S15[KQ\`B:I9HK"<C`W>V5<9(,70]9=Z4'
M5^JT05,#5VJU]?I#YZ75!K]S=E2.&67S"'[_K,Z743R$WS6Q>D:=(?Q"AL6/
MNJ"_K-GJ!D>QNW.=&^/.8)C"X;]5-NZVA^[(O>Y*!%?J#(;C8KA29W+6[<"5
M.J/'27>8PB;#W@>^)ABZ#P;L%?A`8.C>_K=7X&U_B%G=E5'<@RMU,8!W8(;N
M#1>K#=X=@2ME^Z<B.HX&0_?=CI49Q^VA^\#%7H$O1X;NXQ![!3X&&;KO/>P5
M^+YCZ#[AL%?@DXVA^RK#7LFZ0_@-D1K<C?(:?)(,IW7X..H-W>=\5M,XZH/W
M=1&#3\C@BF_AJY#!3^R]SW\L3N?K'\NW3>ME\033NEU^`KOVO\;G_V?K/TML
M?5]MX<?U8%F"QS;PJXD+^.6=-OQL1^MIM=K2_X!1!]7O,'[[GP````#__P,`
M4$L#!!0`!@`(````(0!FKNQ2P#(``/4F`0`9````>&PO=V]R:W-H965T<R]S
M:&5E=#0V+GAM;)2=W;+;N+&VS[^J[QZF?+[&EM9_*I-=>_1/D:)$BI3(,\?C
M9%P9CZ=L)]G[[C<HHME`/UI:RDG&>=S]D@1>@F"#@O_\7__S^;<?_O7QZ[=/
M7W[_Z<WHQW=O?OCX^X<OOWSZ_>\_O:GV\YNG-S]\^_[^]U_>__;E]X\_O?G?
MC]_>_-=?_O__^_._OWS]Q[=?/W[\_H-3^/W;3V]^_?[]CS^]??OMPZ\?/[__
M]N.7/S[^[O[F;U^^?G[_W?W?KW]_^^V/KQ_?_W)*^OS;V_&[=P]O/[__]/N;
M7N%/7Z_1^/*WOWWZ\''ZY<,_/W_\_7LO\O7C;^^_N_/_]NNG/[Z)VN</U\A]
M?O_U'__\X^;#E\]_.(F_?OKMT_?_/8F^^>'SAS^M_O[[EZ_O__J;N^[_&=V]
M_R#:I_\#^<^?/GS]\NW+W[[_Z.3>]B?*:WY^^_S6*?WES[]\<E?0-?L/7S_^
M[:<W_SWZ4SL:/;YY^Y<_GUJH_O3QW]^"/__P[=<O_UY\_?1+^NGWCZZY74=U
M7?#7+U_^T86N?NF02WZ+[/FI"[9??_CEX]_>__.W[\67?R\_?OK[K]]=?]]W
M*1^^_.:.Y/[WA\^?.A.X:W__/Z?__OO3+]]__>G-[<./]X_O;D?C^S<__/7C
MM^_S3UWNFQ\^_//;]R^?#WW0R$OU(G=>Q/W7BXR??GRZO[][>'J\7N7!J[C_
MBLJ/XZ?[T?U#=RH7#O_H$]U_?>)]</0+B<\^T?UW.**>]H7$D>N0OMFZGNF;
MQ(E<RAA+AOO#<+"K+F]T*ZGN#S[5M=&E@[GVZD_/_6$XV-WX_O'IU*V74J47
M1MH-=S\^CMX]WW9=>2G3#1[]0=T?AH->=X72$2/MB3MUX86#CL6_W1^&@P[^
MO90I'3+6#GF\ZD+'TA_='_PQ1WJV5]XSG:=/S=7]X3\[<^FBL7:1:W)>Z]O^
M7C^-$=/WW]__Y<]?O_S[!S?RNK;Z]L?[;AP?_:D3\:.#EQC&"S=N?>C"_[N+
M_^F-.X8;";XY^J^_C![OQG]^^R\W`GWP03^?"8HC)A+1C4*=[M2"F05S"Q86
M+"U869!8L+8@M2"S8&-!;L'6@IT%A06E!7L+*@MJ"PX6'"UH+&@#\-898G"%
MNP_^(U=T\9TKI#M_%J`V,1Z92(2D3"V863"W8&'!TH*5!8D%:PM2"S(+-A;D
M%FPMV%E06%!:L+>@LJ"VX&#!T8+&@C8`D0/<>!8Z0&[_#KMY07#[CV\?XWO[
MYSYFU,\+NIM[`C(%F8',018@2Y`52`*R!DE!,I`-2`ZR!=F!%"`ER!ZD`JE!
M#B!'D`:D#4GD`3>'"SW@GPT_=@__[[]^^O"/G[^<IH/BC2[</4:<H\)GPZUQ
MAX^Z'<:*"<@49`8R[\GI7(8GT?CA+C[:8HB2868)L@))0-8@*4@&L@')0;8@
M.Y`"I`39@U0@-<@!Y`C2@+0AB1SCG!$Z1IS1X9,SI!=^]B1P`<@49`8R[\FC
M>XZIY\8/]\8%0Y0<?]F3\=W@PM40$RD]Q$K)$"5*:RBE(!G(!B0'V8+L0`J0
M$F0/4H'4(`>0(T@#TH8D<H:;6IYS1H=C9W@2.`-D"C(#F??D,1J-Q@_F6;48
MHJ0_EUY)YS*K(29RQI-QQA`E2FLHI2`9R`8D!]F"[$`*D!)D#U*!U"`'D"-(
M`]*&)'*&>U4_YXP.Q\[P)'`&R!1D!C+OB77&<]R?BR%*^G/IE0)G##&1,XQ2
M,D2)TAI*J8_1:\M`-LC*?4SL\<=W\95LAR@Y_@Y*A8_1XY<@>V15(#7(`>0(
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M:$.4$VV)=D0%44FT)ZJ(:J(#T9&H(6HC%!ND*S4&A689$5V9R`Z)@K1/)QY%
MGGE^9T:5J4:)96;4FA,M/+I_[@O:\0BY9,***(DU[N[-S;YF2DJ4J8K>'&.K
MM6%B3K2]2FO'Q(*HO$IKS\2*J+Y*Z\#$(U%#Y!933X[RG7EWKRZ)#=E5/L\9
MLN-FQ.I1Y#XW8NE0>%K"F'25+Y?IPL1^4Z*91VXE3Z+F1`NB)=&**"%:$Z5$
M&=&&*"?:$NV("J*2:$]4$=5$!Z(C44/41B@V2%<7/6<07R\=#QWX<[<LVWE&
M^W3BD?6,F7U--4S<,*/8G&A!M"1:$25$:Z*4*"/:$.5$6Z(=44%4$NV)*J*:
MZ$!T)&J(V@C%!NG*H.<,TI='G;.D3W\>>10:I$?6(.:Q,?69P:`RH]B<:.&1
M'P;'9K!:,F-%E*C(A<?1FHDI4:9:W4SRWLSW-LS(B;:QR(UY6]DQHR`J5>3"
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M940;HIQH2[0C*HA*HCU11503'8B.1`U1&Z'8(%V%\IQ!?,$S'+H\"H>N'MFA
MRTPLI]W7J/&[_<RCR"#07_@H-W2I)S'H+*FU(DJNTEHS,27*5*N[^\SE;IB0
M$VU5X\*U[9A8$)57:>V96!'55VD=F'@D:HA:E8^;+G+E^(6"^(G'Y26/K`7M
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M)$55"D&!2AFKW&BGG]R]EQ15J00%*K55>3#7=)`DU3D2-8("Z5:EU2SAW"LV
MYPOE_NZ7/=:$+/=+E)[DU*/[Z&WDG1D#9DR<>Q1<R<(C_Y7&W9V9KRVILJ)*
M$JL\C4S1;TV5E"I9K#*Z,U>TH4I.E6VL,C87M*-(09$R%C$:>VI4U*ACC9L1
M_8?>/E*YH7(KRG?]JO(X^#`O=MX+ZPCNZV0X[^RBP9-959KXS&CX&S)E7)N)
MOGIV3K3P:*B]F*K?DBDKHB16&5D#KYF2$F6J<OZ&/@T\&R;F1-NKM'9,+(C*
MJ[3V3*R(ZJNT#DP\$C5$K<J?'M6W>M/$GNR*_6=>JKM?*-K1<%@7T$X9W9JG
MP<0G1I8<$M627CZT)-#":WE+WIH!:"GGJ"(KHB06L5\-KIF1$F6QB+T/-\S(
MB;:QB/VL;<>,@JA4$>V%\%GGG\EHS(I:]55:!R8>B1JB5N4["XYO]3$46[!;
M*#AG0;^`$+ZXG%N@&,&"0Y3X;>J>L9V=`U?./`K+.D0+CUY[;_&G&CH1*%&M
M?O:L[7'JM#4/GQ)E5L5<_88I.=%652[8:,?$@JB\2FO/Q(JHODKKP,0C44/4
MJOS)DB-]R,66[%8KSEG2KV*$ENR1<Y8VI'M1,6/59#R$J2>!9CXJ\F0?%:"%
MCWK-DTA<43Y1K:Y![LP$8\V,E"A3$6T#C$D;)N9$VZNT=DPLB,JKM/9,K(CJ
MJ[0.3#P2-42MRIM^B'UIUDA>?;'FVLEX6!31OG)^-6/11,/4KT.FH)F/"LPY
M%^3N-`E;>.9?K(./&T[CWE)2PM%33EQ5DEC%_KAA39544'`N6:QB5Q@WDJ+G
MD@L*5+:QBGF3W4F&BA2"`I$R%C$]L)<,%:D$!2)U+'(SLA.<@R2ISI&H$11(
MMRJM5@EOZ]B:W9)(,&2^:DV_A!(.I5A5F8R!IA[%K]OV<_X9$^>"W(](U9F]
M_MBM.O7/9-.52TG2UEL)"G02ST3G[A8U25Q(>D8G,SKC=SIM]^\\T,G/Z&R-
MCGUWWTF.7E8A*+BLTLC`HCB9ZHQ*;53.>11"1Q'2,VP$!6?8&NV'L9YC9,_;
M%Y9I3CRNCGL4/]%'IB,F&B5FFA+-1%ZO8NY1<*,M/)+?YMB-%I9465$E,2I/
MIGZYIDI*E2Q6N;'URPU5<JILC<K8W`X[JA14*8V*N3?W%*DH4L<B1N-`C2-1
M0]G6R-[I-#SVG5F5>6U8O.5JC4?&CZ9W)QJE?N1BC<B'?I0CZJ-VX</\`WMD
MGY)+RJP$!;Y.C,RM.>>UY.C9I(("F2R6<<.'N1<WDJ0ZN:!`9VMTC!5VDJ(J
MA:!`I525\T_%_@5<,E6L$A2(U2IV>A^)?Y!RD`P5.1(U@@+=-M8-Y@2Q.?_#
M=9I;KM-X9,QI;O>)1JDYAP4>03.1U\N="^JFQ\.G/OQMHP][>#@]Q<=VH6,I
M,JJ\$G19.3'*]_K"V+^SBXPJIX(N*V>Q\FADWA@W(J/*N:#+RMM8^<:6_W<B
MH\J%H,O*I5$V=]!>5%2X$G19N(Z%S3AQ$!'5/1(U@BX?JHT/=?_PTH3!+!/U
M`[?;)]$9L=L39__E#S=M\/_';)!SRZ4DC^+[9/QL[#31,+DKID0ST=?VF`N*
M#G#F1O%G]G1[NE/NGVPI<RE"JKT2=%D[D3"O/7KWSB[7KB5$Q5-!E\4S"?/B
MXR<LB4J$:N>"+FMOA[#^)>#QV3Q?=A*@TH6@R]+E$.;>9X/QR]SK>PG3`U2"
M+A^@EC#?+C>WM\'W(:<AZN!#QNYSINXA8W]+<10)/7@CZ/+!6PF3'G]PW3(\
MPN(GC5GZPC3(WT[R:]%;+HEY-.Z^01B:\M[.+"=!F-Y"O5J7*FSFXYX4S05I
M0RR(EH(T<25($Q.BM2!-3`5I8D:T$:2)N2!-W!+M!&EB(4@32X\>=%^*O4=!
M7:=B5$UT8.*1J&%B&Z'8.MU21E!8&"SBESB"`L)MCQ[#FVTT?M:I^>F&F&B8
MN&%*-".:$RV(ED0KHH1H3902940;HIQH2[0C*HA*HCU11503'8B.1`U1&Z'8
M(-U*RSF#^!68T"`]L@8QW\5,;H<P-0C0C%%SH@71DFA%E!"MB5*BC&A#E!-M
MB79$!5%)M">JB&JB`]&1J"%J(Q0;I%L).6<0OT(2&J1'UB!F0C"Y'<+4($`S
M1LV)%D1+HA510K0F2HDRH@U13K0EVA$51"71GJ@BJHD.1$>BAJB-4&R0;K7A
MG$%D%6*8-OQ\VR-K$)WV^$?,$*8&`9JIF$3-B19$2Z(544*T)DJ),J(-44ZT
M)=H1%40ET9ZH(JJ)#D1'HH:HC5!LD*X^'1@$TU?[`NCKV>'(@A+WY!9H2C0C
MFGMD]D1]-E67A8:)O99$*Z*$:$V4$F5$&Z*<:$NT(RJ(2J(]4454$QV(CD0-
M41NAR#AW+RP[G'B\["!(9^83HBG1C&CND5LHT5>E$;=+U;#!(!ZYK\<$K30J
M$C/%GT3#)'--L90H(]H0Y41;HAU10502[8DJHIKH0'0D:HC:",6FZ2KRP6@C
M;SQW'3>F\2@T#=!4$C5J1C3WR.Z7:3X)66B8]/-2Q/0-<J51D6E,X2/1,!%;
M4RPERH@V1#G1EFA'5!"51'NBBJ@F.A`=B1JB-D*Q:4PM?S`-:_9W'JD=)D13
MHAG1W"-K&BVJGN9#"PV3?EZ*6&@:OR;@_C-4>-RP9<02BJTIEDJ47F5&M&%B
M+E'Q600?=9\N::MA<DD[BA42I6=1$NV96!'51`>B(U%#U$8H-M+9PO?]R[O!
ML]A]UZ-7]E[5*&G`*=',HZ`4-9>HKA0O6\)S_U6-$OFE:(66\Z=Z42NAUII:
MJ4;I>9W9A57#Y,0V%,LU*A#C1JP:)F([BA4:%8IA+U8-$[$]Q2J-"L6"-<;3
M_5%KF(@=*'8D:C0QTC?OX*V&.?W8P:;8/`R%+"K?]>BU;5DU3*YE2C3S*+)J
MK__*UJP^47[U8VO:2PJO/+HLG,3"^`G/FL+I5<)9+(R/1*B;7Z6[C76#34A/
MGMI1M[A*MU1=]53X*=M)?D_YZBKY^BKY`^6/1,U51VSUB-V:SD/P8\7X5N@J
MXN>FDGVE//Q1\%V/HB6?,]NU:IC>"D.FH)F/BFX%?TA]$BX8M21:$25$:Z*4
M*"/:$.5$6Z(=44%4$NV)*J*:Z$!T)&J(V@C%!NGJVN<,TM>[(X-XI!TXN?-5
M<5?[')[$W*Y5H]0?T)K[J,`R"X_D]S_#TN+I;ETR8464Q!KCX/O`D\J:*2E1
MIBIZH1@_-DS,B;97:>V86!"55VGMF5@1U5=I'9AX)&J(6I4_?>ITJXLNL2&[
M.OHY0_;U]<B0ON0>NN_,=JUW0YC8;THT\RBPWYQH0;0D6A$E1&NBE"@CVA#E
M1%NB'5%!5!+MB2JBFNA`="1JB-H(Q0;IZNCG#-+7UR.#>!2.6+X*;SQCBAS3
MNR%,/#/S*#((]!>,6A*MB!*B-5%*E!%MB'*B+=&.J"`JB?9$%5%-="`Z$C5$
M;81B@YAB_3#]9U'^#A7XB4=V&F0*5U,-4X-`;$[]A4?^F68?1TMFK(@2(V)6
MG];,2(FR6,1^X[MA1DZT-2+Q(WK'A(*H5(T+#]<]$RNB^BJM`Q./1`U1J_*G
M:;=6IB('WK]0]3_QN(#KD;$;MK+3,+';E&@F^CK>S8D61$NB%5%"M"9*B3*B
M#5%.M"7:$15$)=&>J"*JB0Y$1Z*&J(U0;)`7*OSWK/`+TCZ=>&0]8PHD4PT3
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M*T'!#\R26,7^I'\M*:J2"@I4LECER=R<&TE1E5Q0H+*-5>R_@+&3%%4I!`4J
M9:QRHU-[[TRT;G5&I38JX5Y@)YV#).G9'(D:0<$)MBI]WO6Q.;MJ^[EGN*_"
M!U^FW:,P/R&:>A3_[!Z[W#%Q[E%P)0N/_'K7O?WIVY(J*ZHDL<JC72Q:4R6E
M2A:KC![T9O>S2K1.3I5MK&)W/=OYOPYJ1P5%REC$_&IA3XV*&G6L<3,.RJS>
M?[B>(Y4;*K>B++O<!?\J6^R\KK1_SGF^Y!\Z[\SR@=N+Q!3C)O=#F`Y_0#,?
M%;3QG&CAD9\]8N_8)5-61(E1,6\B:V:D1)F*G+^?O?]\L^EXD5-K>Y76CHD%
M47F5UIZ)%5%]E=:!B4>BAJA5^=-L8J3.B2W9K0"<LV2_,A"]T`R+!=HIW.2N
M&P7C[<2F1#./(D?Z(VIO+GR4=Z3=E7))D151$HN,[+B\9DI*E!D5^T_(;IB2
M$VUCE7LSH.Z841"5*J+]@`6W/1,KHOHJK0,3CT0-4:ORG0EO7_H)9/>IQED3
M^D6$<%P<5A_TXD?8YNXD&.UI-R6:>129D,L6/NJU5Q<DKBB?J%9_4V)TA$I*
ME<RHC$U)8<.4G&BK*MJ2L-&.B051>976GHD547V5UH&)1Z*&J%7Y_@U&7RCB
M<?&%E9+.!N9#8X_LFXI9%IEHF#ZJ>S&7*6@F^CH*SHD6'G7_&3XN0-\MF;@B
M2E2K:Q#LXL",E"A3D0LGM&%B3K2]2FO'Q(*H5*WNXK2O3Q.(/1,JHEHU+ES;
M@8E'HH:H5?E3^^LY1GY\,.LFK[U1G^+C]12/K$_-V]Q$P\244Z*9Z`<^%12^
MSG@F;]1Z<:<.6$J*JJP$!2I)K#*Z-3)KR5&95%`@D\4R.B'J9Y.2H2*YH$!D
M>U%D)QDJ4@@*1,I8Q+Z6[R5%52I!@4H=J]R,[7>F!TE2G2-1(RB0;E7ZO.=C
M;YHEFU>]R:6<!X_T3"=$4X^Z6<4P[(VPOQT3YX*"[=$6GLF^=.,'8XBE).DY
MK00%.HG1N;.O[&M)4IU44*"3&1WLD[J1)-7)!04Z6Z,3K&2<?+Z3')4I!`4R
MI9&Q+\M[R5&92E`@4QN9<R9%UQ]%2+4;08%V:[3#S4EB?[ZP:.-&)?LL]R@>
M(['!G4;I$-EKA8]RD=>KF'L4W&D+CWS!9WQO:AM+JJRHDAB59S/Y6%,EI4H6
MJ]R,[-?6&\KDE-E:&7-C[:A24*4T*G8W]3U5*JK4L<J=V53H0)$C44/=UN@&
M%;;8>MV*1O!Z_>K0Z%=`@C>>AQX92YHY_T2CU))#HJ"9CPK?>`1%GNPSW35V
M4Q+[Q<524M38*T&!2N*95QF],\Y>2X[*I(("F2R6"?^-1/_<]DVF,OD9F:V1
M,?7TG:2H2B$H.)G2J&"11G)4IA(4R-2QC!U?#I*B*D>B1E`@W!KAH&02V[*K
MV/\GMO05_M"6/3*V-,TZ>1BBQ(-3HIE'D2WEB.&SGIMV^4R_N]W(_AYN2>65
MH,M[H25&^=D,8FN1T3Y*!5U6SF+EFY$UT49T5#H7=%EZ:Z5-?6$G,JI<"+JL
M7!KEL;F9]R*CRI6@R\IUK#PV[7P0%14^$C6"+A^K-<<*7G;CVZ-;",#M<=T&
M=^Y!CDE%C^);A1O<^<Q@"C$EFHF^ML=<4'2`,_>*/S._)=G#NWOS'K44(=5>
M";JLG4B8;'<V>K!+%6L)4?%4T&7Q3,*\^/@AV%'6/P/\I:EV+DF7M;=#6+_!
M7?!C(3];AG(QI%P<FLHAS.^?_6B<O9<`/>E*T.63KB7,-\C-[<.]N=,//F3X
M*,K,%XXBH0=O!%T^>"MATM4/ST$=.[Z-NO49W$;!SV7-SG9N%,>MTZ/7=K;S
MF>$N=M,S;.99N+.=(&V(A4?!KF]+CX(GU(I1"=&:B2FC,J(-$W-&;8EV3"P8
M51+MF5@QJB8Z,/%(U#"QC5!LG6XQ*+".?,WTT'%3UNJ1W7;(/*`F/M.%Z4QD
MR!0T8]2<:$&T)%H1)41KHI0H(]H0Y41;HAU10502[8DJHIKH0'0D:HC:",4&
MZ59*SAG$KZ"$,]4>68.8A]_$W>Z=M2*#`,T8-2=:$"V)5D0)T9HH)<J(-D0Y
MT99H1U00E41[HHJH)CH0'8D:HC9"L4%>6,!YX`*.1]8@9G5VHF$R7$R)9D1S
MH@71DFA%E!"MB5*BC&A#E!-MB79$!5%)M">JB&JB`]&1J"%J(Q09Y-&LJ,@C
MYL3C1XQ'UB!F0C?1L,$@1#.B.=&":$FT(DJ(UD0I44:T(<J)MD0[HH*H)-H3
M540UT8'H2-00M1&*#6*6-0:#</G"5:7]LR-8F!C;*NQ$P]0@0Z:@&:/F1`NB
M)=&**"%:$Z5$&=&&*"?:$NV("J*2:$]4$=5$!Z(C44/41B@VB%E7>*VXV^T$
M92:O@O3M8T(T)9H1S3VR6Q^:]=V%AHGCED0KHH1H3902940;HIQH2[0C*HA*
MHCU11503'8B.1`U1&Z'8.%W)^LSD]=&7LH/)JZ#0("AX3QDU(YI[U!E:ET^Y
M]:&&J4'Z0X9;'VI4)&9FU8F&B=C:HT`L)<J(-D0YT99H1U00E41[HHJH)CH0
M'8D:HC9"L6FZBO@YTTBE?'BQ_;G;7:P;:$+3`$T9-2.:>]29.32-F?LL-$SZ
M>2EB^L:]TJA(S*Q6)AHF8FN*I409T88H)]H2[8@*HI)H3U01U40'HB-10]1&
M*#9-5[X\9QI?U@Q'&E0Z)]VC)/;1E&A&-/?(F@:/HE[?A4D_+T4L-,T0%9G&
MB"5Z3!%;4RR5*+TU,J(-$W.)BN\#;'VH87(6.XH5$J5G41+MF5@1U40'HB-1
M0]1&*#;2:[5<L\USMVV<G>OTJ#/K,)*,[1K$Q">Z*&G`*=%,Y+4!YQ+EW#+(
M<^M#C1+YI6B%EO.G>E$KH=::6JE&Z7F=V?I0P^3$-A3+-2H0X]:'&B9B.XH5
M&A6*V0^&2@T3L3W%*HT*Q>PG:;6&B=B!8D>B1A,C?5.D:37,Z<<.?J&DW"UW
M6*?ZPK!SP6`EMWN264.9^$QW2+F6*=%,]$.K]OK=I\B#/M?K?*);;SE]&&K_
MH=(EA5<>719.8N&Q_4G6FL+I5<)9+/Q@'NL;ZN97Z6YC7;OVO*-N<95NJ;IA
M/YC3WE.^NDJ^ODK^0/DC47/5$5L]XNG#G2?]W"F^%;JZ]KE905_O#G_TT]6\
MW-W1"0]6/;/UH8;IK3!D"IKYJ&!>.B=:$"V)5D0)T9HH)<J(-D0YT99H1U00
ME41[HHJH)CH0'8D:HC9"L4%>*)X_LG@N2(>WB4>19[CUH4:I/[R\:LTIO_#(
M?3??F=RL\RV9L")*/'*?.9\T[NQO6]?,28DRC[I/^(>[`[_#V#`Q)]I>I;5C
M8D%47J6U9V)%5%^E=6#BD:@A:CW2GM"G;&3)IQ?*]2<>E^L]BOQW9O-##1,#
M3HEFHA]XDFA!M"1:$25$:Z*4*"/:$.5$6Z(=44%4$NV)*J*:Z$!T)&J(V@C%
M!NDJZ6<>:NYC#SN_$Z1].O'(>L:4.:8:)IZ946Q.M"!:$JV($J(U44J4$6V(
M<J(MT8ZH("J)]D0544UT(#H2-41MA&*#F'*]K.<\L2PO*#1('V4-8B:+4Y_I
MPM0@7E_%YM1?>"1/-3O)73)E193$*O9?:UTS(R7*8A'WQ;6YR`US<J*ME3$;
M(#*C("I5Y,(3=L_$BJB^2NO`Q"-10]2J_.E]33^%CEWX0NW??4Z'8:I'UG*F
M\#7QF8'EID0ST0]=Z`^I:,&H)=&**"%:$Z5$&=&&*"?:$NV("J*2:$]4$=5$
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MM2K?-;^^G\5N[`KLY]S8%]XC-_;(CH=FJ)D\#6'J1J"9CXK<Z`^IIEKXJ-?<
MB,05Y1/5.C6'&<;7S$B),A6Y8*4-$W.B[55:.R861*5J=1=G:W1[9E1$M8I<
MN+@#$X]$#5&K\J?AX/:E\I4IN;_VK=@32_$>6:>:T6.B8>I4EN)%7VTY%Q3\
MGG3AF?R&UR[I+"5'95:"`IDDEN%SW%^LJJ1G5+)8961_4+61')7)!04GLXUE
M@@[K?_$E*:I2"`I4RECEQOS^:B\IJE()"E1JHW(W-CH'25*=(U$C*)!N5?J\
M[^,!\X6"_Q,+_H+TC"9$4X_BK3KLWFLS)LX]"JYDX9%?"'VR&X`OJ;*B2B(J
M?I/&IT>,E5A]2"F3B4R_*GMKUI\W_J^#)T!.D6TL<J]CAK<@SJ2@2!F+/)C+
MV?N_#LZDHD@=B]R<,2#.Y4CEALJM*/?M[5:9]9$:6>_YA<+^B<>%?8_L"*B3
M@'[FJ&'#"$@T$WWU\9QHX9$ORZ$JQXP546)$3`%GS8R4*%.1\_?SZ=HW3,R)
MME=I[9A8$)57:>V96!'55VD=F'@D:HA:E>^>U2_]^OOYA86$$S>&[-<68D/:
MG4HF/M%%J1^'1$$SD0_]Z)<N%"U\E/?CR.[]MZ3*BB@Q*G?F#EHS)27*C`JV
M4&=*3K2-5>[,=&;'C(*H5)$+-\>>B151?976@8E'HH:H5?G.A'>!6^)A\875
MBF>N5G@4NQ![8FJ46&Y*-!-YM=R<:.'1*V\P3%P1):K53Z#-#&C-E)0H,RKV
M]_`;IN1$6U6Y8*,=$PNB\BJM/1,KHOHJK0,3CT0-4:OR71>,@U),;,D7EBZ>
MN73A46Q);&DVT3#UY+#H(6@F^J$GN73AHU[S)!)7E$]4Z_2@P`,;(BE%,A6Y
M8*8-$W.B[55:.R861*5J]3=<7,':,Z,BJE7DPL4=F'@D:HA:E>_.,?B*-#:D
M62IY[:7ZF4LH'EFCFAZ?:)BX<DHT$_W0J')(_4ATX</DI9K/<*S$K$0Y>"U*
M8IFQ?;E:2XZ>32HHD,EB&?Q;=Y*B*KF@0&5K5,QKT4Y25*40%*B4L8K=<VDO
M*:I2"0I4ZEC%+1N8Z<U!DE3G2-0("J1;E3YO^]B>9J'F57MR`><9:RX3HJE'
M\<LV]L5DXER0^TF8^'KAF>Z+:>Z%I21IZZT$!3J)T;E_U/>_TZO*6I)4)Q44
MZ&1&9_QD7G0WDJ0ZN:!`9VMT[LUE[21'90I!@4QI9+![UUZ25*<2%.C41N><
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MVBM!E[43"?/:HT?,'M82HN*IH,OBF81Y<?=O`&!Z[!M=M7-)NJR]'<)>V!M3
M_EZ5"T&7E<LAK%=^L-;>2X!*5X(N2]<2YAODYO[)_D;[X$.&O3'-R^I1)/3@
MC:#+!V\E3'JCZ^OA81K=1J-W9MD+\Q^S.6:?$"\_"'MM>\PP3FZ6Z3DX$^B^
MHI?`^<"T/1;"W/YK$K<4%LRA5L*"N.0,6PL+<E-A06YVAFV$!;FYL"!W>X;M
MA`6YA;`@MSS#]L*"W$I8D%N?80=A0>[Q#&N$!7IMS(RK7EB[<KNONV';NL<O
M0KF']?#KM='M._W1Z.G).)%<]W-!Z6MGGB%7F/,.F/,.F/,.F/,.F/,.F/,.
MF/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.F/,.
MF/-.R(QW7EAQ&KWCDI.P[B>DH7?,P\=YI\^-O0/FO`/FO`/FO`/FO`/FO`/F
MO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/FO`/F
MO`/FO!,RXYUN1228%<IOJT;O_%)),.439KUC%OZ<=_K<V#M@SCM@SCM@SCM@
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M<]X!<]X!<]X!<]X!<]X!<]X!<]X)F?&.6?W`&YC9TLIMVB1SZ&#.\VC_R0@W
M1ODX?5]RXQ&8&X_`G*?`G*=Z=NM>Y(>YUK-]SW<V&\+$MLYF8,YF8,YF8,YF
M8,YF8,YF8,YF/>M?;TRS=R7T8*KP>K/W-??P1QNC=YY%3=RS._=B/303]A=S
MK3Z$23.Y5H><:W7/@NV=7!OW<-R7B<;O[#=OKL5]A.Y?YEJ<4J[)K91YAKD.
M@)3K`$JY'K!29BKE^L.GG=K+]$=7JPWZ0X=07\2-IFZ>1>WNF>L@;7CW'FE6
MVES+:V#0]%!T3=^SH';O6A[,M35R75LCSC4UF&M<Y+K&19QK6S#7FF&N:<VN
MVG:V-7T9+FI-E.;<0`'F&JYG4077-;!98'$V1JYKRS.YK']*V&V_(<[XV:PD
MN;:&MFOK:[1=\_=A7OOVV;PDNKZ`MNN+:[1=]T3:][>F>.'Z*M2.^VID2G"#
M\T]_88HEPD+GDTU'GMF^,@N%,XD+"D#S,VPA3!K/W%1+^?M`9W6&)<)$QTQZ
MUO+W@4YZAF7"1,><ST;^_MS(/^IJ#^?NC=-?V/;N"Q7!^4S<O_/N!%R<]H%K
M[Y[9]C;^=>V-7-?>8*Z]>^:OS]QBKKF1XIH;S#5W)&,_QG7-C1S7W&"NN6,=
MLX3HFCO,,?;N7M?/-G?_'A\]4+O!.VY:U]Q@KKE[9IK;_A-VKKF1ZYH;S#5W
MSWQSFUYSS8T4U]Q@KKDOR;C61HIK;3#7VI%,\(]ZGMX,7&N'.::UNQ=<:>U1
M]_7#*>>_1\ZMJ+P*4R.[UO9QREQK]\RVMAE`76LCU[4VF&OMGOG6ME^.N.9&
MCFMN,-?<D0[^/6[Y>Q<F#WK7WM!Q[1WIX*,:^?M>Q[1W]U)XMKW[MT7757+L
MGT>N/^AN,-?>/;/M;:93KKV1Z]H;S+5WSZ2]AZ6@DS5<<R/%-3>8:^Y+,L[=
M2'&M#>9:.Y+A4!*FF,;NWJ*"QGYUSC[J7[OB3O!,3>%,#^8ZH6=1)SS:']JY
M/D"JZP//HIFCA[?]G-U^%NEZ`4*N%RCDNJ&'7LB,5:X;H..Z@3JN'R(=^VQP
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MQ@PK=^TJ`*K$K`BL?=`9L60$0]2XW"1QDU:97AF?N'7[(+UO3]U:7F_<NKT[
M]JZ?6#<)*UFJYN$(1FIBYGG81_T\\9.,&,(3'<F((ZS82V8#:U<W>E%27Q:8
MBC,L8KEVJ4CX'%L7OJ90A)3S0JDBB,C[?(H@(2\S*3*&C!7AD7K0?:A804UL
M\B#\%=3$5_:"C'''QZ:*)!"IR#B%2#W&!J+48-=*(E#>R@)O;$@G(BCPQOLI
M,6'O,(C2@4VC($I77Z`06[+$WM@0WH7=WF/"5NXN[-,>$Y^3:UZQ481<=P\"
M>ZV.W88A4M4"%=@O-/;&^0LN'+@0$T]LX;R!F'"^@+N6I(:$LP#B,NS][^:2
ML)&_6TK"KOS$IKQQ%`L1*'TX5X4(%.$D#LJH7UI#PID9*NJ,J!7A$`RB5L2/
M"A<.8XR]^=$8(O7)A[0#I8_/N7%U'S3TU.:0*XAJUYQNQ"]5[;J&A'.(5&ST
M$E["5H1>,M)EZ"6<(Z[*T$OX7$$16A6OX2J2DQW9XC/JR60]&=XRZ2VC__`5
MD*@GH_]P+(`B]!\^FA1D1/]A7^:8E!9O5GDK+=ZL]);A+9/>,NYBF;J+^0Q]
M,JE/ACZ9TN?6&G?',#:.^AZREL1;<FUEKBV:,HR(O946%:Q4P:*"E2H0P96,
MH()<2U)#II+,('-)%I"E)"O(C225H9_RB"G^I94=$IM2KH9,):EL0AFE:0V9
M2E+9E#)*[1HRE60&F4NR@"PE64%N)/$&?9C>Q3GPAA9B9`LQ#'J,:B'>\/\<
M<P_EC5YO9`LQW$>-ZED^I;UU\]K>/=&GM#=FRZ*>E'Z:2F^&WLBRA"ACZ(U&
M*><-O=$H?<J$7I^HMN-3ZDEE/2GUI+*>E'I258]/4:$[-R[*`?TT52J4"9IV
M"TB],F6"-]9$1`X2O#$+CTG93@*4IF6""O\9AZ-"HE2X+=R=LM_3")3=DV:9
MY80L\^!!Q4N662..B4_(<K<^T\N+)UQ5>U6X:V6O"S=5]EGAYLJ^*-Q2V5>%
MNU'VBAF'4JEB:*,TJAG8*'O%`$XI5S-\4_8J9T`A,E?G#">$?98S;!+V1<Z@
M2=A7.0.]8#]_%^!P>?&VV3;SS7[[]'H8/#</3&.'7QAR#?9/V\?W/XZ[-Z:W
M9X-ON^-Q]]+^\['9_&CVX6HN?MCMCJ<_0@6_=_N?[53Y\@\```#__P,`4$L#
M!!0`!@`(````(0"*91#6"`4``/02```9````>&PO=V]R:W-H965T<R]S:&5E
M=#4Q+GAM;)1878^C-A1]K]3_@'C?$),`DRC):H(][4JM5%7]>&:(DZ`!'`$S
MV?WWO>8:\`?;F<U#$@Z'ZW/O-<>&W>>O5>F]\:8M1+WWR6+I>[S.Q:FH+WO_
M[[^>/CWX7MME]2DK1<WW_C?>^I\//_^TNXOFI;URWGD0H6[W_K7K;ML@:/,K
MK[)V(6Z\AC-GT519!X?-)6AO#<]._455&83+91Q465'[&&';?"2&.)^+G%.1
MOU:\[C!(P\NL`_WMM;BU0[0J_TBX*FM>7F^?<E'=(,1S41;=MSZH[U7Y]LNE
M%DWV7$+>7\DZRX?8_8$3OBKR1K3BW"T@7(!"W9PWP2:`2(?=J8`,9-F]AI_W
M_B/9LC#R@\.N+]`_!;^WVG^OO8K[+TUQ^JVH.50;^B0[\"S$BZ1^.4D(+@Z<
MJY_Z#OS1>"=^SE[+[D]Q_Y47EVL'[>['RT4)(\&W5Q5R#D#JV=?^]UZ<NNO>
M7\6+*%FN",CSGGG;/17R6M_+7]M.5/\BB<C1QR"A"@*_*@A9+\*'B$3Q#T19
MJ2CK*4KTXU%`=9\0_`Y:HL4ZC)*'#V048'7ZJM*LRPZ[1MP]F*J0?WO+Y,0G
M6X@LR[F"IF!-Q@)#GW/)?I3TO0\W$_!:0-\.)(D>=L$;M"Q7I.,,R62D`T/6
M6L:E-L`0@&]]H,T8)@#Y8P[0'2V'0:I$I=1AC",">LAPC->K2%W&:FE2J$O9
M)":%N122Q%,<0SI,C1GI$H4^&,G'Q!SFB*3UF%]J`]0&F`88*F!BSJB0Z-Z'
M;+06Q%;)CDA:]U,A,A6FP[FA`]0&F`88@F`FS@B2J"-H90YZ1%+2"TK(4GU,
M4JJ3P,"'C\FB.HNLUO,LAJR^#T8.\6P.$G5R6)L#'Y&DM=8&J`TP#3!4)+,J
M)/KN!$.2IL(&J`TP#3!4R-5W<IGA#I6H4PMK$AV1%/7]7$.OK/,IGI]44AM@
M&F"(VLR*DJ@C*K8:A*1IT-0&J`TP#3!4$'#;F=KT\+LM4BQ-B(-0!V$Z8FJ1
MKNOVB:`96TY@V=Y1L6+LU.8!;Q>S<*E!6D6;.1)5I"DKIB.F8FFVD^)A_1IF
M&$$OMI0[ZQ6R4'DX^(&M'$F3**J"3PC3$5.F=-[_D8G&;,F<5KM^=3H2S;YQ
MO7(0ZB!,1TQ-TGPG36/)T)-A+-WV[<6':,ZMM-@(=3A,1TPMTD0G+4X;T6.M
M^CAMU)Q8:;(1"EM%>7OK/4-D:+X];4V9TF4GF6/)T'Q-><FTXJOV:1:MY-D(
M)3;"=,34(KUV1@M:\'OMTXQ::;$12FR$Z8BI15KLC!9T7JLNSE1"%C9@-6<(
M*=$IX7=,`SEZ9S7$E"N]>$8N6K0A-UX[=R&RAOFB-@6V66ANW]>7$AMA.F+(
M"^=7A!ZV5Z;$WH\IUE2&U$&H@S`=,;7,KP@AK@COS#+%TK7@=1-"'0[3$5,+
M=&:F;:&$[;K$]K90L::14X5@(Y/O[.ZH<QW3$5.?]&=W6H42MO4ECCYDZ?IL
MA*I($X?IB*EEWMS##YF[8DWCI`Y"'83IB*E%.NQ,7=!XC=LM<?MF&W8J'[RA
MGKC#ESO".<N@BC7E(-]*C-:/^O`E`SX.5[RY\)279>OEXK6&M2^$C<R(CB\W
M'D/YP&7A1[*%)UC`@_$$O(JX91?^>]9<BKKU2GZ&D,M%`B(:?&N!!YVX]0_A
MSZ*#EQ#]WRN\7>+P4+Q<`/DL1#<<R`'&]U6'_P```/__`P!02P,$%``&``@`
M```A`&0092/9#0``9$```!D```!X;"]W;W)K<VAE971S+W-H965T-3`N>&UL
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M:-%U8Z;/OS_F&Q:AS_[DLW"^O.XF\LS9`THNG0(JR_3T+B^7P>1FJD)VSK-/
M'OK'WQ]Y$)H!V/R9]?'^R10,3/:H?_!8?CZ3K_2JZ%93O#ZM[V\/^^\C*E%T
M8<?WM2IX0:24>1UQ5/J510M\H\P_*?N[,4TDK9DCT3_N@^5\?GOU!ZW5#1L]
M#!CY%BMCH=:KTHTE2"1()<@DR"4H)"@EJ"2H)6@D:!UP14'L(TF3_$N15/8J
MDB8$#P;8T(8B:L;"N,02)!*D$F02Y!(4$I025!+4$C02M`[PHD8KPHV:23.%
MJ5([:19.EWXT'K1-H"NU2J(5D!A(`B0%D@')@11`2B`5D!I(`Z1UB1<K6IY#
ML5*8EB]%V%V3"Q$MMIKV^;8"$@-)@*2:A%-:!OWIKJ<B4S-K97(U!ZE"DZ4=
M4@FD`J\:;!H@K>OEA9#J_5`(%>Y":$;[P,2.;04D!I(`236YIH\^6L$\G/F3
MD_56YOPY*!6:N-$"4H%7#38-D-;U\J)%VX.A:"GL1XN)$RT@,9`$2*J)C):X
MO62]51\M5K+%M.AMO+B+15'V5D:I`J5:$R?N#9#6]?(B2#LE-X)\>[U4^X[3
M\V[S]6%/:1'T=U=E[D>6B1-936AO;:\LG(L+BWLC<V$)"*6:3&D_Y::FJ+)9
M;V64<E9R@MW;>$K7?I*7O951JD"I[FT<I=G$%VIZ(R/4ND)>_%6[YVQOS.U%
M83_.3)PX,_'KZCR\\0<36S,SF@2T4F/D3YH,M;52^ZJ+8#'USY5K@_"FK^&%
M=;$!HSVQ[U=:*RTL="O0K:W'&=W&6FG=I4C#E@VZ5/'FA9)N:%X4]N>%B3,O
M0&(@"9!4$R=T&9`<2`&D!%(!J8$T0%I-`HR,ZE;<T'0E(UQ<4I]ILK<S\<-D
MD!,G1#&CD):+L^2G8GTEZ)D:3YMZ&:/I1'<!4S'W.;H4B$I?)10B%7K4B!I?
M)%B(W4C+QX>BK7;S3H'XJ$#3;E-FJ$%NZ-G*HIBM9.@#?Z4F*)8RFH;]JL\,
MFG:A7XKYR\VY[&05QL.*E`;1=K-/AG`NBG:%6K5QM%J-0<,#:OGP4/Q57^#$
MOT]QW2]0\355]4$58E4<;%!7C&;N)01SN1F-K9D12U`L9;2P^IFQHOQ1!2Z<
MB/3,V<`I*P7*E%)&J%2H4J-*(U7D9;;&8*"FJ)9B*,K<:KA19F2CL**(B\#'
MB!)$*2,G.AFB'%&!J$14(:H1-8A:1D/IJ!H')U`?E@-N--P`NKU']VQCI9ZK
M4.;*-!5WX=B:V30%L92M@G#1+XV,V50OOYD0SOFP,P_%@$KIJP1"I4*5>D"E
M\57DQK0U+@-)JMH0)_9]*>#VQ(VQV[%PC`'%]#A8Y&V"*&7D+7OMZ*"<K;P0
M@E6)6A4ZUFC5(&H9#26IZC:<0`WM$+@A<6/&R%W8@.)`(WF;$G>8A,UH(9E4
M38VGO>EDC'B'<!&$XN:2HT^!J/1EQ+V]0H<:4>-KT%!$#6[98"C<JKF0X0[F
M/^SA`FY&W-@SLN%:&2N+8D8R]K!%`+&4/;TM@K;BDG`1")7<G,Q.5X$JI4&Z
ML%R(1KQ"D=IXV*MO#&*1`$+/%S10$E3_X(2^+PG<5]B3/-#$B<6^8B3+KDB@
MV)J97$Y0+&7DU(3,6/'NX"*8BMXP9PNO:NAQ.CJEU('"JUT<E1I'TTB58"8N
MM#46`W%6W<A0G+E+<>/,R.;M*@`4(TH0I09U`^K*>(8H1U0@*A%5B&I$#:+6
M0U[;&@XU9V=J06?O=VH&.0%D)!-5/"2,K5F?J"B6,G)K@4&\`&_$`LSYN)-@
MA7&Q,U\:I%4"<4NH4*0V'E:D,8B'<BV&TGHJ?NA%IV9J08@=F4%NB+$C0ZL$
M4<K(6:\9HIR1%T%]1L>Q1,<*'6NT:A"UGJ,?*-%2#6P/0NRN#')C!@U7S%;R
M%B5R(4&QU'C:^TW&R#Q`",13JQQ="D2EKW(1"I4*76I$C:]R(RZH]3S\:(O6
MZJ..(<26RR`W]-ARL94,O;BO)RB6,O(J@M;GW8'<ZN?F7':R"A0I#=)K652K
M"C5JX^#6`W\@8O):3\2/N^J,!FY9(7=,]AP/!KGQ'>K(9J(8Q>Q(==D67&S(
MV,I9Z)DY(^\,`OF$+6<#KUYH94>F%#(7H=P9H$S-R)%IA$PP@2CK4^O1^%%6
M/8X3Y0^SFULN-_J,;!!7ZB<S_I.<&%&"*#7([7T'6&Z8/6=AD.-:#K#*,.M:
M&^2X-@.L93841M55_4H8N3%SPPB]VHK&,_1806S28VMFLQC$4K::TA'G::#(
ME,Q:J>=A4['F<S[LI;4^U7G=TM>EG;3_6+1"X=JZG!EP8ZVZ!WBB6K:>KI_Y
MJBDY-V6_[]]I8]<_DU=U67]U88=#OXP1`7PP9DM:<DZ<1>59.69FTF+#;&8F
MC,3WI?*'$JDU,V(9HAQ1@:A$5"&J$36,J`DQ@V@-ZJ[(C[YJ>9SH]YL][O+<
MA<'(AF45`HH1)0;9`:6(,D0YH@)1B:A"5"-J$+4&#01*=&X?%FCLZ&BUBFJ\
M0A0C2AAY7R#?A&*)I=;*S'N&*$=4("H158AJ1`TC+_G<R_:2CS:D7O+I#?14
M?0,W^*5]9^\W>09YRYR^F1`/P%:.G8E.;)C-RX313)4;]35$(`IO:@V,3,:(
M;OX&Y=:*9429+:R!\2E1IK)6+",>--36P,@TC-P),,K49?25D$)DGZ'XD_*#
M]D_]#DG777.N!T9+JLB.L/P5P<J:&<\84<+("6.**&/D7%Z.5@6B$ATKM*H1
M->C8&JONBP$_>(,M89?1IK)2=P!QA/YOQ59S$5JQYF,C9FMR8CQIU?63`C]4
M2*V52JT+V1)F*)Q;ES/"A;7J<E8D?HFZE?4XHUM;JV[`8ETV1M>NY=9XB!#:
M->3/G.J/G!OA1_6=.CJ81HUHSDR>K]A*3J.(2FS$W&GD?LW>@%.V6H1=<;H0
M(<A0)&=$D3`C*H2(V,.6*%*A2"U$@HD82X,R+2,9"NOI3X?JE)SIZ%>/[J#H
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M6*-5@ZCUD!^H'W1_4^S^&,F]GIT!_>L`:V;"$B-*&'G!@U8R8ROGN^\<'0NT
M*A%5Z%BC58.H]9`?/-77.%FFNQ?UN&'@]\:J=Y.IY_9%'#V-_"RG-\[\AS2Q
M$;-)FS#R"JH6,P755B/]!2![.'.0HTC!B$7$;)>H4:%&;37<#9XH\`U;.;/=
M,O+#,;&%RYL.]3MMF(XSWQAV]GXQ8"1S7-Q&5M:LSW$CYLP(HP65W3/[<&LU
MO`]'X=RZG!$NK)42EC\%*%&WLAYG=&MKU0T8:C<*J[=35>[[TQC87-+3J%]`
MU:_,O6X/7[:K[<O+<;39?WNC^%']O[_ML7[SE?K/2'62-`MPY)J.=+V`/#*;
M1&H"T8?>H_W4W7JE![U?.WB.,*)WK5#G81K1BT7(/\U(O^L8Q0D^A<OHT^"0
MZ,%SI)XJHQ@]WHS4LTL\0H\J(_54<.C(#1WI[E=B!`]3"@H])1CPH2/JF0<>
MH6<<D7J,@4?HL46DGDS@D17-RM"DT,]+(_7;T0&/8$9'NB<K8LSTHQ,Z,J@6
M3BAJ@^</24T_8!!JZ2*BEUWP_,4BHE=7D->+B%Y.0;Y:1O1&"/)T&='['<B+
M941O:R"OEQ&]?($\G47TQA?R8A;1*UW(ZUE$+VTA3^<1O0J%O)A'Y1"OYQ&]
MSD3V5WW@Z-7O]_67;;,^?-F]'4<OVR=:II/NQUH'_9:X_N.D']^//N]/]-*W
M>I(_>J:W^;?T&N'DDIJ%I_W^9/Y0)^C__P#W_P<``/__`P!02P,$%``&``@`
M```A`$D0.QG:%0```6T``!D```!X;"]W;W)K<VAE971S+W-H965T-#4N>&UL
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M@G?1M<`_G\Z^[K_=_+I_^9_#[VI_]_W'"S7WS+G<'N[I3/3_V<.=ZP,4^LU?
MW<_?=U]??GP\G\Q'L\5XDJ2S\[,O^^>7XL[YGI_=_GI^.3S\OS=*F,J33)B$
M?C))NABERUDRFSN6-SRG[$D___[IZ11=#/2329+1<C:;SI>+TV.8,PG]9)+%
MR?&397<!])-]I^^_`!IZ'0G]?/<%K-B7?K+OY-V-F%`G\UW!]3;?S//1-)TM
MEN_I"TG?H^@7IOD;S9&DX6KH%Z;Y&Z(FH6NZ7]XKS:4?*]T8RVY>;CY]>#K\
M/J.)BR)[_GGCIL%DG5#7Y='%';T?;S3L;YWY9V?_\9P:ED;2,Z%_?DH6D_F'
MRS]I!-^RT57$2%M<!PLWBAUO9H'<`H4%2@M4%J@MT%B@M<#&`EL+[`1P22+V
M2E+CODM)9^^4#!)<!6"0-C6J!8O@DED@MT!A@=("E05J"S06:"VPL<#6`CL!
M*-6H+TO50C=S,,W?HINEDX56X\K;T"`-<EP#D@&2`U(`4@)2`5(#T@#2`K(!
M9`O(3B)**QJ>4BL>JR.W,KS\N+O]X^K0+6]!0V=.PYJ4EV/5JLA6DT%%CRP'
M73-`<H],:)+NN5=IHANHZ(U"`Y6`5(#4@#2`M(!L`-EZ9+ER@2D92:[WR.C,
M.QE#%%>,",D\LI)2IS,S*V;>2.B:,]%XU4VDZ3B9&@4'@W#RDD\U[]NK&HS<
M=$PL$\U2#P:!I0&6=C!B%C/Y;`:#P+)EJ)O#E,24>4B)0X]TL):2$2$E(RM*
M0/JNE20+HTSFS:28,4=:\;46!5M1AN#"G%G>$GBKDWAKS3N=S/1Y&^!M3^+=
ML-5X[M?:Z=+TJJTD5FU``LHV.#9;.'/=-HR(MF%D+)?_Y62E0\V\E6P:CZRZ
MH=@M]X5')I,NJKEII!(8*F"H%<-%8BZB`8H6*#:*(DE,A]]*"J4LA?\>99VY
M5I81H:Q'4CJEZ/1F'&?>2`K+1&-*<WL_[//>:N*[T'QJIND2:*N3:&M%.TU,
MQVR`MCV)=L-^?H`FL]52=Z^MY%7-0HL1-@M5@*2-6QW_=?A)K<!_F*72N79-
M-,A(::TY\Q5;B6;SB&B1#)`<D,(C;R^>96\49ML*D!J0!I`6D`T@6T!V'HDL
MGJZT0I5GKR8AG;WN_0$2.C*4TDHXM`"NH,(LJ)(S)MJ@""=X=5TMA44@JAA;
M#2MK+<SB2VLC+`)1BT0;819?7;?"(A#M`H;KJZM,92N$!;;#C=J^7J&B,?!>
MLU7J^/MI@]98,X(S81=\<\:4W/X,0KB2K014H6.-5@U"+3INT&J+T$XYJIG"
MY<11^7R50H=#O%>=*2DJY?-60H(L6*F5D10U"UO.=L*UB+K"'%ZRV40V63HS
M,U2%_/5I_,U)_"WR;T[CWP[\;@"8E6VG>'53N6I(;%#T/9VK)-E4#,FF\I#0
M.W.[)VZNMTUEI,S93K@6")4,4;.XL)*Q7JLJ]*@1:C2)N9`6'38(;36'265V
MRD'KZ\JDF+Z^?**&&88"0U)?+K)$K>@VD4!?2!)S-E/R`EG)5D%>$U:%)#5"
MC2'13=2BPP:AK>:X,#/E3GEH?5V-%-.7:R>I+T-27P^E;BJ3,[7)=C/:#W>B
M.[O07#EC2F%O)J`R>%(*&3PK]*P1:B*>+9IM$-I&/'?*3"OH*IR8@EP:2049
MD@K*^HBW&MG*S@`P68-KD0!4,L1==&I&;X4>-4*-)DGFIGILT66#T%:S3&9F
M-MHI%ZVQJW6$QL>*Q<371FIV8$AJ[R'1W;+@J+2/S`[@6;#G:NCA)4-<1<+D
M`!PU<C2:X\(T7\N'10@;)-EJDL2TWDZ1:-U=,?,>W;F$DGV>(:F[A^RL8;=0
MDL$L#/V<,1%O$<S&BWZ&*!FC&JE;]Q:@O:<6-'6$IC$TR=S,JRT;")Y-A&=K
M>"9S$^I.\>@6<)6.:($^O_`5D.KA#$FE/6257IJ1ER6#W2"UQT1L!9N)M+ED
M*%D--PHJQH1GC9Y-Q+-%SPUZ;B.>.^6I%$QC%6$Z']'MTB!F9Z++D@`),1D2
M867!2DT72;(T6Q@YNA8(E0SQ5+TTBVB%'C5"C2:YL)?2HLL&H:UFL9MZ.^6A
MU7ZE\DNYS!,S0X"DQ-Y*2<R.5F(SI'-F$ZX%0B5#+/%%"AK#!=3(TF@6,YA;
M=-@@M#4<)IR=\M`*OU(<IE@<!D@JC,5AL+(*FR(H9SNE,+"5;!44MIO]%;+4
M"#6:Q0RG%ATV"&TUQP4H+*]=*^Q*,#'G'LLV4B[99-]F2"KO(2%?%ARM\J9'
MY6PG7`N&9+K!T"OI!G+4R-%H#G,=+7)LD&.K.4S6NE,<6G977[U'=J[DI.P,
M2=D]!$N@28*R=+#KET#&E.YL1DT6S$HV"]G&%"85[R-HZG`V0=,8F@N;M;1X
M.9L(S];P)!,SD'>*1S>!*\#>TP2^8)-9B'L*R=77L@D\!$U@LJF,79U=T#9G
M3&A7A#.\?5>A9#.^K9#8N[\5,M>G,3>:>06CQ(<K+GES&O%6$T]7,'8DLVXX
M5_A!PYUV<R'E>I/FPZ&&7]C;9E?!3#8LE)L96XG@<X0*AH[<8ABL0G>H$*H1
M:A!J&8K<,7`WM5"ZU^\8=/8F6?2EG.KS4-UE[*BD`:LBT(]]Z8(WW4NV$%EX
MA4YFS-?HU*"362+;8($;_*DKH$1_ZS-I7UBI"8$AV6\\!!."J6ZS[BQFVX@Q
MH6+1FZ5=M3<>V;O;)3I51YUJ=&J..K7*20]15T_%)/-UEI*,(2F9AT`RL]9D
MZ6`7!DW.F)(,SE"B517(Q.9;C69-Q*Q59DH'R@RC.G2X'E<!$CHP)&+)@I7)
MHE:FR,W1M6`HI9'K]L<O9J.Q_I?D%V8DE4A361IZVGNE_^4V_:R1IK$TB^-7
MTRH:K;,K92+];<(%E4B;`B1UAD(H"U969Y.=YVPGFJA@J-<Y&<U!D1+]*N,W
M&2VTK"M@J9&E,2P7)^DJX]>ZNKHAIJNO)^0XGC`D=?60$"<+5E97,QOG;"=<
M"X9Z7<>CA+95Y3_3."625!&2U*1F-;HUUFTVFLL3C\<T=DP(K:+1JJJ:*^FW
M9JB:Z=))V5NQMF(K(4T6'*VJ9CCGZ%HPU*NZLL-Y"9&52%,9FG2T/*9/C2R-
M8;G`&:E57EI55WGT?56HZBL2U5<9DGT5ZI9LPE9659,#YVPG&J1@**AZTE0+
M%U`9EO%H;/I8C:=NC%-,0GDF+:'+N6,2^EQ<2<B0E%!F[/[VSH2MK(2F(,W9
M3DGH78.$9H$KT:-BZ!6/&CT:XW%QPIS;*AJMGJI+1`?L:XZ0I5Q1H68+1X:$
M!%FPLNJ9"2M'UX*AH,5IBSU4.)6E6=I5.H6<H<:K:2Q-,B(_TY=;Y:>%556+
M$)9+$3E?,B2[)=0=V82MK+"F!LW93K1)P5`0%KHEG*RR'J/$/EI<XWD:ZV7N
ME"L/+9:J5FAE]Y\B>?6AL`E6,0&2(GHKH406K)2("[L!D[.9\"P82NE.O<M$
MER.3Z$R@4Y7(4AF6B[GMFSCUU4C36!KLT:WRTF*[TB(V87+)(7LF5"'7;DN`
MGQ00NQ%T>TDW=B;LP@R2,Z9D#72A-(3':,O`-#S]6P6()G?7&%10KE9J[3;C
MM,8S-\"1IGK]-YE9JSB4HE-5,1WOOIU]5TD)"1=3,RZO@IGHT@P)!3.$<H0*
MAEP,_1Y2.C-+6CE8A3:K$*H1:A!J&8ILZ$Q=ZBXZX+'1WMGKPC-`4AI?$!Q[
M!)0]G5F(,6=,J%J$$[S^"*BP"$058V+GIQ9FKJOBIRL:81&(VH#AQLY453?#
MNM+A1B2L;M@JU4]NIC9'RX1=N*:<,:62/X.(MV0K`57H6*-5@U"K'/6(>Z4:
MF6(U$B#95;R5B"0+5FIAL)\KR-E*.!911WS\DLUH-\#U@F1ETJ$*F>O3F!O-
MG*9F%FD5LQ;1Y=1V'.H;[U,N)\2:$""IITS.?1(=K)2>23JVU1W;*46!K60K
M5F]E9N8*26J$&DT""4VK7+10+JT70H7-U"E7"E(=AJ0Z'A(A9L%1J3,';<"Q
M8$?!53+$VMA[4A5ZU`@UFF1I<LI6>6AI3/W0S>6F#V$I,<52@B$161:LE$K4
MAVPMBZX%0B5#K)/AJ-"A1J@9..0J:E*?5CEJM5RF'>M(G-O+CL20[$B0IV=3
MMK(2F84]9SNA;H%0R1!+-#-;UQ5ZU`@UFL0^S]@J#RW..XN`*18!`9*B81$0
MK)1H6`2PF=+,D\F;^FQ%6SS=Q*ZSX`HY:H8$1Z,YC.RMXM"*N>19=*>CB91/
MMN66R)0AJ9B'S)V,=&R6K(Q=U=U@QI1F3"<?_PMGY<?_IJF9^BKDJ</I!$]C
M>18P%/W)_?4H[68F9P]S>H?K/"I`0B.&1)P90CE"!4,B/2H1JM"Q1JL&H58Y
MZGA-TMW'Z]-FV2=F#,EX.;G6SY&G8[-09.RJ^@1C0JL"H1*A"J$:H0:A5D%:
MA5>RYQFGRF("#I!4P5N)2+)@I>826J-,1\S93K@6")4,\00\,:E<A1XU0HTA
M,<E2JSRT.*\DU3-,J@,DQ<&D.E@I<>8@#3@6["C4*AEB:>9FDJS0HT:HT21+
MLTJVRD-+<SQ5GF&J'""I$B2W6;!2*E$7,B'F;"=$*1`J>[:%7Y`2^Q1_A4XU
M0@U#K/<J,2.]52Y:*Y>VVE5)IX0SSI+E<&-(:@7Y;Q8<C5;V<U,YVRFM@*UD
MJ]"GS-J-'#5"C>98F86L51Y:)I,Y]Q,RILLS3)<9$@%FP<IJ8R:`'%T+A$J&
M0ON;N"KTJ!%J-,ET;":T5KEH=5QB>Z03<>XK.Q%#LA-Y2`G%5E8HLVF8S\"U
M0*ADB(6R+YFIT*-&J-$D4QAL\DJT3K&DV0PVS)-G#$F=/*1T8BNKD^D+.;,)
MUP*ADB'2Z8W:J4+'&J%FX'))MUTG6^6AY7+YH.A6_:#S>:+*@AB2&LELTN]S
MS-C*:F3JRYSME$;`5K(5]Z74=,@*26J$FK=)6N6AQ)F;E/A8.='9ZU0Y0$(T
MAD3D6;"RHIGU.$?7`J&2H2":(:G0HT:HT21V8[Q5'EHTDU<?%0WS[3GFVPS9
M&LR^(R,3=OT^+6-"\"*8D>#!K`P8?7"RJURG$]O=D*@.3H*H"5@@FMM/+[6*
M2*MG\O&CZF&>/F=(=CG,TX.5[7)FILW93HGGV2BG%^+Q2:F`?6LV0[::(<G6
MA(OC<AB2"$6C]7.YLYC/CNKG<VTYS\T9DOIY2/<^^\QFQHZJUF-,R<?\1YX&
M#Y[A@_`V_:V"P?#L><U0\C9U$SR9.K'4;3#HJ+6^L;P_$<\>\TMAPCHRQR(@
M0%)?+`+82@B7(U0PE-('<8=Q[,GF0^^LT+..>#:,"<]6>6HE7/HL>EH?,>?M
M(@N;,R0C]E!*GV0-%YZQF<3R"%9$L#*"51&LCF!-!&LUI@,W>?K1(=;G[\/,
M0*\?,UGXU1QS>H;<C5-QC]9NNPU60<D<N0J$R@#)CL(7T4$Z:I=QQIJ;<V?9
MW`S)YO80/=,?KC&;`Y0S))[*+Q`J`R0OF\\8N6R7LL8NFU-9>=D,R<OVD+MC
MUC=`DMK/(&8T8-PC$&06HLL94J%X*_>(?D^&]P79D9,7F_A7BE<WD,L>1:1=
MMTQG[FU5M]W;B?'5JW/.5:4(#`VA7+.5$<'FV-E@-H@`9$4XY<!?(E0I2$6Y
M,"EIF'4Z7*>>`1I.=8U0QI!JE22=F-&9HV>!4,E0R#S-2*V4APXKEC3&&R_Z
M9LX%)I$!DN%[*]N2)LW+V%-V9R0K`B3&=,D8W_NXL`\E5\&GNR8M@,N?1._M
MVY7S*M%%%PS)P#QD`S-U:<:>*C`@*]AJ1<OH&^,T7`4]..&R91BHX7@D5)?_
MB%!/&*@NJW0?T9,J,"15\)!5P>RQ9$RF5`"R(IQRX"\#)"9>!>D&=5F(B+)O
M4)^=J%`8&DYUO0`H8\@.5%M7HV>!4,D0#]3$[$!7RD.'Y?(6$=:QQ=^]2M>V
M'$,R7`_9EC.5:\9DJN6`K.A/.2RV)6/NN7/1IR%L2:;#-CE/WYI];A,F_:L%
MYC$,V?#,])@-9H$L1[*"H6/#DZ^"AZ=]_TVEB'6H+I>P+1R?BGL5./V0PY,A
MV<@>LBK`\.S-!A6`K%@`5")4*4A'Z9(1$64?BD]2U/!D2(8"4+;PD!V>L(Z"
M9\&>(E4J&>+A>3$W+)5RT7&9+*B/"U.=!60GUPAE#-FX8-H!L@+)2H8HKC>'
MH>12T2U?R7XZ7*\/`1*MQI#M@':6&<SZ#HAD!4(E0Z'5C$25\M!AR>R'.LB1
MA[VI)K9S:H!DM/%DQ^SO9.PIYU0D*P(DDQW&CLRIP;.[,AVU2SW"$#PA:LY4
MQ"1#7Y+2"2&C]I!M8S/39^RIH@:RHN<G*<6R820LV<Q]]$%8F5-6/9DKDKP0
M_AM:_+='/.R?ON^O]_?WSV>WAU^/1$2/+GSZT,/\U3#I?/V9GEDF"GMD.EY_
MIJH]<F1./G3VR)%D_3F&7]$7T'1;/^8<5^F:OG8`>:XF:WK'/N*?IW3B&+ZB
M\\8N]7HQ6[M5'JFN%W,ZTJWHYJ*N%PLZTFVCV"/+\3JC41=A6R9T)!;B]3*E
M([$@KTG&C+8,(FSS)1V)!4JU(QV)-=?U@JZ`RH$(VX*N@++GV)$)'8D)?3TE
M'WHX..(SI2N@IX(B1V9T!?1@2.3(G([0%G7L"%T!;0[&CLS6;M,(C]"K$];N
M_09XY#HEW>CCY[$C=-7T@>S(D0D=B0X`>J)_[1Z[C_A,*1YZ@!R/T%/MZS)Z
MA!Y3)[:8#[WL=^U>Y(MLUPGU7MKTCQVA2.F5:;$C%`^]"BQR))V2!M/H$3I/
M=/SDTS5];P-RY;-U$;NN:K:F[S)`^W:VIF\G0+Q8K>G5UHA?)S32*-7$(_3J
MZ+5[.30>H7=!K]W;GO$(O=QY[5[?3$<N^R%-WTOU\^;[?GOS]/WN\?GL?O^-
MILAQ]X&H)_\55OZ/%WXI^9?#"WTC%>4$M)S25XWMZ2MQQFXOZ-OA\!+^<"?X
M';Z\[--_!````/__`P!02P,$%``&``@````A`,W]BM_A(@``/:T``!D```!X
M;"]W;W)K<VAE971S+W-H965T-#<N>&ULI)U;<]PXKL??3]7Y#BF_C]/J>W<E
MV4I:]VMWUYYSGCV)D[@FB5.V9V?WVQ]0!$00@"_9G8?QS$\`2.%/4B2EEM[\
M[9_?O[WZQ_7=_<WMC[<7R>7LXM7UCX^WGVY^?'E[\3]_SW_;7KRZ?[CZ\>GJ
MV^V/Z[<7_[J^O_C;N__^KS=_W=[]<?_U^OKA%43X<?_VXNO#P\_]Z]?W'[]>
M?[^ZO[S]>?T#CGR^O?M^]0#_>_?E]?W/N^NK3Z/3]V^OY[/9^O7WJYL?%S["
M_NXE,6X_?[[Y>)W>?OSS^_6/!Q_D[OK;U0/4__[KS<][BO;]XTO"?;^Z^^//
MG[]]O/W^$T+\?O/MYN%?8]"+5]\_[JLO/V[OKG[_!N?]SV1Y]9%BC_^CPG^_
M^7AW>W_[^>$2PKWV%=7GO'N]>PV1WKWY=`-GX-+^ZN[Z\]N+]\G^O)M?O'[W
M9DS0_]Y<_W7/_OO5_=?;OXJ[FT_MS8]KR#;HY!3X_?;V#V=:?7((G%\K[WQ4
MX'CWZM/UYZL_OSV<;_\JKV^^?'T`N5?.Y>/M-R@)_OWJ^XUK`W#J5_\<__YU
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M_[QR`W^R3Z`UXGB"@\(TPL!`]]&9OW?V;R_`$,:.>Z#_>)=LEJLWK_\!8]9'
M-/I@&,46![)PXY:+FTJ029!+4$A02E!)4$O02-!*T$G02S!(<)3@),&9@=<@
MQ*0&-/M?4L/9.S4HC1\(!'GF(O-D02ZI!)D$N02%!*4$E02U!(T$K02=!+T$
M@P1'"4X2G!F(,@\C!<\\-7>'X<K)F_LBD<W=&\$02#D]*)(JDBF2*U(H4BI2
M*5(KTBC2*M(ITBLR*')4Y*3(F9,HZ3"N\J3CX'/IKJ,/7V\^_O'A=IRAD!C.
M',8ID)`//NNX@7]`JT50PY-MT"=5)%,DQS@S7MQ\);0O@A6)7VI4:51KU&C4
M:M1IU&LT(!J'ABCGD-M?R;DS'W-.I_<!"<NO)_,93$2",(OY(A8F#684*_.(
M*9-C=(CEKBWS6;*,HQ3!@**4&E4:U1[-EU.[:#Q9)E24J'`[':>2.D5Z109/
MX%H*7E'F8=K),T^MVN$XPTA8ACW9K:>ZIXIDGO!<>C*'N3J=0*%1J2)59,1;
M?K*8"R5J;\8*;,@Q%-AJU'G$3J8GHZ<+'+S9=J<R"S,B*[,.QYE%PC+K"3N)
M5)%,D1SCS.`Z/K7XQ68KFFJPHOR7*E3ER0YFWX]'JI5;$V(_X=<&*ZI!IT+U
MGCQ=@P'==.YA*LAS_]P8[LQC39`P33Q1XXD8>M-@1B>7><34S#%Z-(I#6Q87
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M/%:_I-`L114Q^.LN6K"='`^#B6K%-;FP,`VR2+&X.F*X[XPH/3'XZZ^@,S'O
M&LC"EQW+XY:=ECRX'.7R(.+R>*3D$<TL=?NQJ@=Y%LF#B,OC$<J3P`5'RH.A
M65ZKJ3B?D<7ESM!#^S7H%^D1E3^?Z1ZDX_2J_%4\QFU4=09RL21RZU-+(ERW
M<HD0<8D\4A*)I7/J]KJ51)Y%$B'B$GE$$LTO1>B20D<247%>HOE+>A"ZL#`-
MAHX4BZNSDM7IC.KTQ+`/O:`Z`[E8BKEUKZ687P_#`$M7_@\)(JZ81THQ<;5/
MT34>\[QOI!@BKIA'I!C,N66GPBJP5%=3<:28-7/0?@WZ11+)\L4<J:.R6/D]
ML3#,B5%F(`M+$;<:MA3QJ^1($41<$8^4(F*<3=V-'M6'/(L40<05\0@5V5TN
MXNN)6*F45!#+3T5L:L))',.Z)F%]69@&PT1R195+X,9<W%PZ*IK%Z8F]O#H#
MN5CZN?4QT^^Y30MW8PR4B'1%Q'7U2.DJ)K(I1HM[FO>-=/5HQW7U:.'[S$YW
M-*P!RUPUE;8<K^?SRQ<(J<,T&(;5ID6$M0$A10/NJ&A6G9X87*'<].(%U1G(
MQ1+2+9B9D-,:RR^D(\$0<<$\8DE/$[2:00K80GDANDR&=LPU1[0+FY\%18-5
MXGBR"]782S2!IVBF4;PB!M7W4["5N`;69,&\&F2L_!910N5O%_KRY4^8E]]3
M]%`^1.#_B`%^(`=#H?DC^Q8CC[L4(:80(M6EQ)"1,CNZ%F;(N$2$6)="A$,E
M;!2(BT=)H5FJ*V(X&FTOM_&,3&\4U.3"PC3(^."("*NS6JA5L!&G)X;5V5UN
MN%BSF;ZT#N1B*>86XJQ//3<XSOW"G?<U0EQ);Z64%.E.T34:')%%2OIP;#@J
MT(J&H[G*74FQF085,1R/8$:^32(Q1<^OR8$%:9"QVK2(J#8KL5,B>E!G1.V)
M\:I%PHI182`'2U2WI/X54?T2/!(5$1?5(R9,.D<K,8`NQ2Y(AG;,-4<T!U?J
MQ`6%V^#::[>4(U@YN;$1E-C<N\TN=[-X!!.3O9H<(E7]J?#ZM*(^R]U<[?L:
MH7IB4WVVVWAO4;2'@1PL*=V:GDE)USR(+2<IA+ADWDKVPT3HDZ)KW`^];Z29
M1^RB4U"A=-&1\[N20K-<5\3PDK.^C!KZ;`;33='::W)A81IDK#HM(KH&)K`8
M$_--(U!/#.L#JU"]R"8;2R.WC&<:/3N&^F5_U-T0<>UP<\!M8;+)R5(TGA3N
M<:N%`[)(.V_&1JT"K7#46L[$E41(4%)!3(**&(Y:L$D8#:<[8_.$7%B8!AFK
M7(N(*@=772DDGC>+TU-LK`[<IHFKHW=#!W*Q='6[`;^BJ]\]B'1%Q'7UB&F3
MNN=KW8I##J-BW,K0CKGFY+H)=P2*B?GQ<`D/F\:Y*\DB5*M"-(=V[J:A.QA$
MHW]TZFH=I2'$JM-.S$=>)WJ:H[+4B^K`-D,B&OY`<<>3B#8FYVZ/X%>$\WL*
MD7"(0H8.8U2_E<\ZI+S6I<R,+FP9,IBR$<H)0;L+T?1=431;K$=5EHN-[`<E
ME<?Z044,&K<34V2NIL/,I4$&%\ZGZM.B&=8''H2.>[QH:)U14D_,KMQ`AWWE
M8EW=9H+2%1YTARJ[)\C^?OL3>A'^CWB<;.XW(D#CD&YXF%5,^#Z065#J@(CU
MNE2C3*-<HT*C4J,*41(]QZ">1JN9&36KQF"MP3J#]08;#'8TV,E@9V+ZX:BY
MVW-00L+C^:2D%,_O440=%!$7RB/U*(FXD*5CZ="1X;$SREMFL-Q@A<%*9*R!
M5(C@UP9C!]1/MM7,@BK1&*PU6(<,.A"Y]H@>?;QM"`;D<]3HI-$9$>S+@&/<
M'=UN`E-QFIOBM@K;JIXCXFIYQ)X,2]&*H4RC7*-"HQ)1)(HOD3\B5Z,99XV.
MUDYFT?"AGI+K=*G]Y!JVB@:#'9&QDS]-9D^7>D8[O[40201;"Z9$(X\W9`@Q
MB1"Q'*8:91KE&A4:E1I5B)*GG[6KF1FUYD9':Q$]_;!;IQU[%C]<+=0C?P,S
MHVH<=;03HJ>K<2;'<5"*173;'ZR?/;>^6/CM$CY:$N+B>BLY6B[EK2)TC49+
M@^4&*PQ6(F.-JD(47^^,A^V8'>6[T>%:1,\\-M=ISYX5$'37%1F8'57DJ,.=
M$#U3D3-Y&LJ[30FF/(VP"\=%]T7$%484SWD6\@<\*45C#28S6&ZPPF`EL5"5
M"A',[2A?M4:-=FRU5:>M>FTU:'34CB=M=8ZLXG[HMC\L-?RV"$O?!UBVC@*%
M%!P0L7:?(I+;,TMQ#REC=I2^W&"%P4IDK-@*T0ZF2]/&@EIYU&@%P]*XA)BK
MK92&BF/+B)88[DZ['=9H&3D3D[&.'%B0'MG3%1S0BBH(V^=B]7$T8I^(A0IN
MX@UTL>@^DX.Q'EFX+0BK0?BMB:A!(.(-PB.F3#H&5$O,A5RE9,PN-`@?CN_A
M%89=B8P56Q$*\^$:$29WOI%W2AH*S71KB6%NUY?+6'M]&[DC%Q:F1\;NE`R(
ML#H+]3#<T8AS(C959ZZV]<YD8ZGK=B4L=7&W@DUO%XBXNAZQ-*=HI;J[V-G*
MF%U0UX>+U=6L1%]6;$6(J^L],9WKF>PY#56!R=(2FWI.LHC[MMAFZ,B!!>EU
M909$6!GYNXJC$>5$+%1E.8MW^N(-KS,Y6#*+S:+I&JLWA6#70XWJ'K%\IVBE
M9!8WOS)F%V3VX6*9-2O1EQ5;$>(R>T_,K+Z_V%`5F$(ML9#;N1@2.S)A;KTN
M?D!$K0RV^2.-Q$3S:$0]$0N52<3=5RDT)LL26NP>34)/.T,DPX<%(MZ?/6(9
M3]%*"KT2=U<R9D<EY`8K#%8B8\56A+C0OG*8:;BO+7+;4&BF6$L,<_N"S?*.
M7%B87E=G0(356:[E@X]'(\Z)V%0=\1S3TAB\_6GCXPSQ7,WM!5F#-VX;\<$;
M$1?;(Y;U=.&1$EL,>AFS"V('7V*%85<B8\56A+C8/AIFU[U>(^X##85F*K7$
M,+O+RV74%W=;E=V.7%B87E=G0(35F1N79CQ[%N=$L:?JB/M&^BG7,[GX,+'8
M;F/'$AMWG;C8B+C8'K&LIPN/E-AB(,R8'0F;&ZPP6(F,%5L1XF+[FF!VC8Z-
M-67);:?2_`V7Q'B$N2,;YM?KX@=$6+QJ:D<CS(D8:IN(VXKN[J[(XYE<#&V7
MC^Q@C3Q>`A-BVB)B24X1*6W%PB1C=I.V!BL,5B)CQ5:$F+:(J"-O+Q=QGQ3=
MF@IBDK7$0C^*9]SZ1G9'+BQ,CXS/N!%1Y=3//XY&G!,QK`ZLR)ZKSIE<+.F?
MV/?RKS'2;RR!#7"Y,T*(-PMOQ?1)T4HU"W$ES9A=:!:XE0:WZHD5AEV)C!5;
M$>+-PD?#S*_E<Y\-168"ML2F/J>OEAW9,+]>%S\@PN(WZMIMA#D1FXH7P[E^
M#.!,+I;NC^QZ+?6N%R&NK;=B24[12FDK+IP9LR,=<X,5!BN1L6(K0EQ;7SE,
MKGIHK:'(3*.6&"9W*Y^6@56M&+LZ<F%A>EV;`1'6!GZ)%(\X1R/,B=A4FWC,
MVL&((VIS)A=+:K&EQK>V91>WWQ*B]]Z6>N\-$1,G1:3:A-Q[8W:A3?@2G"^Q
MPK`K=;$5(O:D2XT(]IG<1MM<S=TI,A.S)88/NKS@":J.7%B8'AFKS8`(:R.D
M/!I!3L2P+BO9/O737&=RL5J$V\9B<SG>(LS7Q.#&&IOC+1'Q0<&CJ`$HE*$C
ML\H1R68BG_HHF!TUB5*'J\B,/?58(TOHJ4?]@$PSN86G'EMB^,#.['([CW\J
M)EIR1PY1`_!)X$\]#J(^RR7<EY<#`[F%^IPH?*C/+-[^$Z/MF1RL1N#VIU@C
MH*7ZTN];\8U50EQL;^4:V;2_G2SD"P=2]`0S4BS3*->HT*A$Q%I.A8@]G5@C
M8G=!&D0PFE(E6FW5$8JD\V?)X@]D%NZR''7\D[8Z1U;1TFKI]E,L)?P^2Z0$
MHG`JA]$;7ED6QLD4$3OA#)'L8RMQ.<J9'26K,%B)C)5:$>*78E]=O/@E"SWN
M>@/^8XEV*LX/UHM+O9CIR"82R\>*)MAQ^2NYPWXTXIR(X=5W+I_2T]4YDXO5
MS=S^"1.7C[7RZCMU0;_G$@F/B`OO$9,@72JK#)$27NR4YLPN"._#\6MPB7:L
MU(H0%]Y[DO`KM7]"Q3$!6V*8^!>L;#IR86%Z79T!$55G(Q]Y/QIQ3L2FZEC"
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M:*D1X:)%O6BAH<A,J988+EM$`^SH,'/ID;&2!T2/E7PTPIR(V26?Z;"EK-L:
M>J3WFLKZK23><U>(N+(>L1RGVBI#Q*QR1$ILL;U;,#L2N]3A*C+CBR-DT^)(
M_0RZF;S"6J0EAFN1%_QDLR.72&^?F&AU)"HDG]4Y&G%.Q*;J/']KBURL1B"V
MQY[MWGK;;(6(-P*/F+RIMLH0,:M<HX(<Q>]9UN)>6:E=*T0\Y36%PP4RK"KE
M@K29W'@C\&=$OVB!GP4F\7:T&(@[(T@_L?`SQ4'69P>W.,0">7(+]3D1"POD
M;?SDD4C/F1RL-N!VH-A`0!.X%>Y]L=T00EQKM`HHU5:91KE&A4:E1A4BMO*M
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MKL0*PZY$QDJM"'&M?31,+OPT,[[:-!29:=02P]Q:OVGNR(;Y];KX`1$U-76'
MXFC$.1&;RG]V%7TF%TM;MY=A:>OW.")M$7%M/6)93E<>26W%E"!C9J1C;K#"
M8"4R5FI%B&OK*T+)52_LD5)CO9ED[50X;4K&O<CX.7U'+BQ,KRLW()HJ)VXI
M'(TP)V+3&/-L;<[D8@GO=D0LX?U.220\(BZ\1TR"=.61%%[<G,B861`^N!(K
M#+L2&2NU(L2%]]&FW*I.C:4QB=JI-*_T\OE;;1VYL#"]KLV`"&NCGO4_&F%.
MQ*;A^P5*1R<57\?='@U3^JGKN'DK>.4W>:(F@8@W"8^8."DZQDTB6:S%9F'&
M[$C_W&"%P4IDK-B*$&\3OG*H@GK<JJ'(3,R66!AH8QGTSG!'+BQ,KVLS(*(6
MJI_L,^*<B$W5B6]*&KNG9W+QU8D:Q?H7M[)&^WAB1XBU`41,C%2C3*-<HP)1
M_.Z&Y4Q,?TKM62&*EKH4C>X%;]33/Y-76%FVQ*;]A7B=:[S*NB,7W@0FQM:Z
MR&C_93V7+V\X3EZA0B=BTU(W241G.I.));K;=GED)+!VN=:XI<46O82XZ'J7
M"ZU8.\@TRC4J*'R\P2$?"BBU9S5Y0L.>;D[K'U^A&3S^[IX),5[[T*`%GT^W
MQ.PW*W1T.-(<<P?LB?H,<7V>>^W#T2CI1,RNW)D.6^W!;>0\U1[PO0^T";+&
MW2W>'A#Q]H#(W4J;E(!17TP!4XH&=C3J9P;+#588K#189;#:8(W!6H-U!NL-
M-ACL:+"3P<[(K(?OUX_L3HU<C,YJ*^J`5EN8*G!=Q`PM#69!%A\,/`GEVJK0
MJ-2HTJC6J-&HU:C3J-=HT.BHT4FC,Z'Q*8OX\OG(AM5:;U@1XCW$6TDAQ"(@
M14^6]4RC7*-"HU*C2J-:HT:C5J-.HUZC0:.C1B>-SH0,(=SN!QO"IJ'*[XKP
M.>L:$1?"(RF$F&.DZ!D),7F&'J%0H1U+C2J-:HT:C5J-.HUZC0:-CAJ=-#H3
M,H1P6RF6$'Z+)1("$1?"(RF$>%`I74]FE/5,HURC0J-2HTJC6J-&HU:C3J->
MHT&CHT8GC<Z$#"'<1H8EA-_@B(1`Q(7P2`HAUM#I>C(+0BB4:ZM"HU*C2J-:
MHT:C5J-.HUZC0:.C1B>-SH0,(=R2W!+"+]4C(1!Q(3QB4^ATC0C^L.OW1MQ@
MSX(9:9-K5&A4:E1I5&O4:-1JU&G4:S1H=-3HI-&9D"&$6_Q;0N`F!I_.(N)"
M>"1ZQ$;>75I/9I3U3*-<HT*C4J-*HUJC1J-6HTZC7J-!HZ-&)XW.A+00&['I
M0!?KD8_35]:P-TLQ^G]`,_=^WJG]SU=BUG2@8$'"5*-,HURC0J-2HTJC6J-&
MHU:C3J->HR%"T<04W@]IMO61QRL$0B%1!XU20M"\IZ0GBXVX(&1D%H+EA,*B
MH2`4K$I"P:K2J"84'!M$6YAUL8IMQ6C8!C/JEYT.UA,*M1@B%.=8+)NG9JR7
MQQN]/-8H)13G>"N&F(S,0A)R0L)3W#4MR"QXEHAD^L1N4A7,*'VU#M8$JT@+
ML>)O@QD%ZW2P/EA%P<0R=0AF$"S61ZR2^8:WM<T%>X+RIXV(W/NC>>-28XU:
M9*?DR;=]X'T>8DF149E!D?QEGH7V+!&Y'_M.M5UM1".H@A5EO]:QFF`58D']
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M"B4.B.`EGVK8<6M9*\=^C<N7;AN/9-<1;>V`9E'>T3/*N]%UL,R0EYS*C#P7
M.W&%+'29I485(>PG\$9=,3S79!%JT&C4(H).$4:"N?RI6:<=>XV&$,O=I0E7
MW;@CP.F;(CDNIKJ(PAD<-@JEB.*QS.@(RC-_Q%-U!.594C5"LZP(A<K6&C4:
MM1IU&O6$0HD#(JLCP)3"S+'C(L<>R8X0Q!N_)WK8H&<XNQ21S+N:,BG/W/+<
M;47[+721):&0A`H1#NIS&:4FEU#Q1J,V1'FR%ZA3Z2E6J-'P7*RH-VP?65N/
M/%8*D51*3/$.Y!E.."5/:,?A:J][B/;,7^99:,^24$A,12C4K-:HT:C5J-.H
M)Q1*'!`9/00VZ%@/@=G05\A,\O@;UT=[H8>_52SU$,WX0)[AK%-$<<^!1T_C
M9]LR[9D_XAGF'/Y[Y-JS1`3OUJ491$7(/SR5R/?@UCI*0XA-U]LXC)A_=.01
M3K\GAU"5@1`LS*86RJ]"<9^)%O(OT$XO\+<>Q=K)YQ4.:,6O_AIE&N4:%1J5
MB-PK-]E)B_&S0BMHRN-%=2;7I+6.W$PHWG,3H5NJ@'^J0DZTNRG*U&1Z\GBR
MR@-9^;BAU%C%:+EOJ"B>8MCJY3ZBZ,4&\&VIN!L=@A6U_%2C3*-<HT*C4J-*
MHUJC1J-6HTZC7J,A0G&:HZ7X"AK1.$2\W^JE."'X\5YHD,ER)KKT@=F%C&(X
M\"66&7:YP0J#E0:K#%8;K#%8:[#.8+W!AIC%V77KZ&G%831B\>$.MV_G)V`L
MPQOY:]`/9!:2>4`$`R7E-]4HTRC7J$`4;3SMYN(B4@8K*K'2J-:HT:C5J-.H
MUVA`Y'\W$Z<^6E"_(/5ZH;U%Q-.,:V_X4$E02-VM2-$S^@B`P7)D3+6""GWT
M4R@ELPB9]_5B7\.HF=GXHJ29?*:P8184J$7&`G7,#`.)'M\S"PHT$!NG6[$R
M;NG+.L4TY."2F&UU;-4J^8!H#E_0"PK`*"26R2FSHSIE!LN111+X4ED.2K1B
MJ-*.M;9J-&JU8Z>M>HV&R#%.J5N"6BG%I2E/J5JM'MQ-4!AU6`I21.(9[^5,
MK/LR9D=9SG6X`E'\U*_:*2O1#!=KZJG@2D>N7Q:YD9'%7+K5D;N71>Y%9#F]
M&*+(L6ANN<A$>W:-@<M++J9:<1Y@*%1B>J3$##.O\9J?H:NS"V*J<`6:[8)5
MB0A_UB^&ATI7J=8QFCC&6E2NU4$Z':2/@R0+H?,018G4<)^;X6K0J#3R>&5'
MB%T7$/$NI%%&CM%ST*N-V%7,M6>!B(T_)07#3XG"&]WCB6VEP]0Z3"/#J,3K
M,)T.TXLP:[G=.$1AXLS_XEH;&I[<I2+$%?%6D2(>Q?T`7@,7YRW#8%$W0,:B
M%8C8VRU*1-@-?DMD1]!1:AVED5%$&VYUE$Y'Z644T<B&*$JLQR^NGW=Z_4R(
MZ^&M6`93M&(H(\>HA\#57>QBY=JUF%SYQ$!?8]`,?RJPV(EQIM*1ZY=%;N+(
M2_D"O59'[EX6N8\CK^5<9X@B>RU?WW^]OGY(KQZNWKWY?GWWY?IP_>W;_:N/
MMW_^@,V$G;M[-N%7=]>?WUZDV]W>70)@Z)='=LG>]0I]Y'VR?S]>CH3'AV1_
MMNP_S/=GTWZQ/X]M1<1YOX3XX^OYY('Y9O\>'DDRJK29[=WJU3BR7>W?0ZKT
MD<-V#:=NE0/3\;V;<&L?F%_OW0Q:'X$)\]Y-B?41F+Q".>-].W$^,.&"(^-<
M61R!QP#V[B:_C@8W]??NCKT^`G?H]^[VNS[R80M'8#?`.K*$(U;>8#T(YS-^
MCD_4[;!>[]UCK#K:8;V!(^:9KK=PQ#K3PWH'1RQ-X:D@.%.K0<$#+Y`=2U-X
M>@5\K"/P*`IDQSH"OW;=NY^HZO.!'SW"$:MNA_4<:FU%@U]FP!$KUX?U$HY8
MN3ZL5W#$RC6\*@IJ,/YH3*@`[Q6"(U9VX!T:<,0J!][,`$>L<N!G_'#$TA1^
M!`Y'+$WAM:][]TI7G;?#$LJ!UV7J(_`:2SABE0/O.80C5CGPDCPX8ND#+TJ#
M(Y8^\"6*O?MZA*X!?+8`CI@^2\@UO&G=\%E"KN%=W-:1.1RQV@&\.QF.F.U@
M`3[P`34CV@)\_&:94!L^>@5'K%S#!Y/@B)5K^,8.'+%R#1]E@2-6KJOY;N\^
M]ZGK!I_HW+M/<NHC\#W*O?O8I#X"GXC<N^\_ZB.'!634WW809PK?.81H5J[A
MPX,0S3IRF"_W[A/O1CGS-1RQ<@#?#]Z[#_):/M!VX#:,/@)?K-V[;\WJ(_!I
M68AF'3DD4(/$JL$AV<`1LP;)%HZ8T>8S.!\SH_,$CMC96<`1LR4F$`U6$OI\
M#@E$\RM"H<\AF<,1J_4>$BC'WQ91/J`/O,C-*F<%1ZS6FT,3M7+3;&"`MR)!
MRJR,Y2"FQ1N0TN*'W3ZU6GF^W/?F&<`)F/5?[2N+-W!9M7@.G=5J)<UZWX[\
M]934^W=O?EY]N>ZN[K[<_+A_]>WZ,TSNX'5?L-UY=_/%W;/T__.`7_K^_?;A
MX?8[K&;AAN;UU:?K.V<`QI]O;Q_H?T":UW_=WOTQ3B#?_;\`````__\#`%!+
M`P04``8`"````"$`]ZP:?W,*```Q+@``&0```'AL+W=O<FMS:&5E=',O<VAE
M970T.2YX;6R<FMENXTH.AN\'F'<P?']L2]Z-)`>QM2_`8'!FYMIQE,1HVPIL
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M=0#AAKJALL_+X7((D>YN'O?0`R5[[UP]W?;OO54Y]OK#NYM&H/_NJ[>+]?_>
MY:5^B\_[QV)_JD!M&"<U`@]U_4V9IH\*@?-0>$?-"/SKW'NLGK;?#]=_UV])
MM7]^N<)P3Y7+KC[`G>#?WG&O<@"ZOOW9_+[M'Z\OM_WQ;#"=C\:>/^WW'JK+
M-=HKWWYO]_URK8__TT9-T]L@8PP"O[\?!&[7M`1^,8@W6$RGD]EB_O66S#`(
M_&*0Y2_W!N9`TQ#X_?V&+#$(_/YV0[QV<.`_O]\4S\>VJ/_\:F.&.E^:/`NV
MU^W=S;E^Z\'DA29=7K=J*?!6'@P\9ABF29MSD/H[97ZO[&_[H"EDTP7HCSMO
M/AW?#']`%N_0:-UAY%ILR$)ELHH;<!!R$'$0<Y!PD'*0<9!S4'!06F`(FK7"
MP2#\DG#*7@E'/5X3,$KZ3"2R()>`@Y"#B(.8@X2#E(.,@YR#@H/2`HY(D%"V
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MR&3)EL$`K4PW0XIMIENDT5A/-V_FCFJ,#N;6B0R1.B%87F3Z(LPUFD2YC%`X
M$<9\QJ.#E!4F\)=E5;:NK$A,WS::<%E9<P*T,CT*,=+<[/\1(:WKE)\Z8[QN
M;IZ0APF2$L*U<,*UU==M;<G#!"G0""JQY@#LCUA_2O21\GJPT=CZTHK:<%=+
M0J8_&XD"1%:#0T)61B*:F5BQC)5(QU0Z9F1E!BLG9.Y82,<24<<NKBHD6Q6]
MC4,!"_IBV:&/X7``HIQ?-TX@F>G3!A'/-K:+!F1F>A!*%%%\6IL6"V_N34<L
M6$QFIAF)#):251ML.9I[(X\M+YGTS"4J1+#%8CR9^6RA*<FL:9ES:E+G2%OO
M5F5]CG=41F2ZMVF\'>$#1$X6:D<+1=(JEK$2:95*E$F42U1(5"+JRD)U6.=;
MBC=]]TP.(?CZ1\A62UNY.>FQ/3M`1TNMD)#C*7?[UFS1+$;^8,FVT%@V*FF=
M8'MM#R`B=MJ:Z=C>@"5_1@9F)N6$/FYVT9KIT+/!6*0ORMN1OJH<^&B@_JI?
M(3_-XH'E@[UXV!5%L\1L/($"1,ZH:*NQ.4-&:&6A6,9*I%4J48;(NF,NK0J)
M2D0@*RR0[F17IWM+K7:RXZG?5@61!\>#-BW@&,\R:@,;7Y/Y8$?+<8#,:GDH
M42113,',G$FD52I1)E$N42%1B:A+*W76[](*:P!;*[LLP`S2R,E\3YSJ/;0R
M<R:4*$+T[BD>K^L^Z&.\C)*Z4>2I7;KD$A6(/CBEDT5']JD#O*5HL[7[LP$\
MEFX3$<_XMKCVL1_%U<@55Q[0/32SU14H0BM4EP]1C)<=<460U`W"#Y*R(;E$
MA1M#'-/Q<E>FJA,\U_6CS0I/_+;(=A&`(FO$169]"]3Z`"=_9ZYK-#;Q([3"
M.LA?L#H(+SLBBR"I"6)6)'_*8F6R03DYF@85A&!C:5<W$:M$JR[-U;&>:]YH
MU5%S>E@#F/NO"9F5;H.("\[JB8#,[*S&^'-S@XAN,,<2B1\)8S(P+4@(67'2
MEKU7):&!E0!YZV/:4Y`9++CO%$KD)1<._YU*J>%NI43(]&HC48#(:G.(R"J+
M(HEB&2N15JE$&2+KCKFT*B0J$76DH/]II=18,'VP>++UT8CG'3O?!1C,ZD$H
M442W;(N;[DJ)S$PS$ADL):LV6'>E)#USB0H1K+M2(K..+'RG4O)EI43(=&^#
MB*O,3KH!F5FS6Z)(HAB1O81*JU2B3*)<HD*B$E%79JKCNK4XTN[NXS'>+`MK
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ML`(S8[V&=VE":($":14BLM[%11+%TC&15JE$F73,I54A4>DX.F6]RAQ;E4_3
M4A<P\/B+2O9U$X*E)98Y\--./,\368E69N1#C.4["2V>*$6M&3VMFK/-,):-
M2EHGNU4B=MJ:T=,JG[WZRLC"M#LGI'[;'HO816O6/JYB:V2)%ET+B*IJK/P5
M(\4>5_FZ"G)&"I&]@`@4D*.Q"A'-S(.:2*)8.B;2*I4HDXZYM"HD*AU'-Z^[
MBJP/"EO8E)HI;^<U(J/#IK4RKR@"8L8LE"B2*)8HD2B5*),HEZB0J'20(Q<\
MPG"2BQ;'AKME`"'3WPTB7_VVV0_;$)LX@65'JT?8P:(.%G>PI(.E'2SK8'D'
M*SI8B:QC0L(7F]V:89UDI5)CZBZ1B.8P_XQDTQ%[(1X8,Z.8C@^>A")I%4N4
M2)1*E$F42U1(I+Y@-;NFSB[]1:K^4O!8G9^K374X7'J[^OL).@V:WMVT6'\*
M"[FT4N,`71-7/+C2O#YE5^#SV?M&;,;7\%EME_W:7\&G9O(.ZS%\AMO![R>K
M^\X;AY,5?&74$6BZ@F]])`^G*_A^1_)DNH)O<B1?SU:;9J41'8,;P$$(/(;M
M)?B.]W7[7)7;\_/^=.D=JB>0>-2\=CKK3W[U'U?]5J/W4%_A"UX8!?A:$S[-
MKN#SR1&\*NT]U?65_E`W:#_VOOL_````__\#`%!+`P04``8`"````"$`WA%%
MJ0@1``!830``&0```'AL+W=O<FMS:&5E=',O<VAE970T."YX;6RDG%ESVTJN
M@-]OU?T/+K^'YB[2E60JUKXO7NZSXBB)ZMB6RU).SOS[0;,!HAM@:/N.'R+G
M(X!&-\!>0%H?__7/X\/9W[N7X_[P].D\"L+SL]W3_>';_NG'I_/;F\&'XOSL
M>-H^?=L^')YVG\[_O3N>_^OS__[/Q]^'E[^./W>[TQE8>#I^.O]Y.CU?7EP<
M[W_N'K?'X/"\>X(KWP\OC]L3_/?EQ\7Q^66W_58I/3Y<Q&&87SQN]T_GUL+E
MRUML'+Y_W]_O>H?[7X^[IY,U\K)[V)[`_^//_?.1K#W>O\7<X_;EKU_/'^X/
MC\]@XNO^87_Z=V7T_.SQ_G+\X^GPLOWZ`/W^)TJW]V2[^H\R_[B_?SD<#]]/
M`9B[L([J/I<7Y058^OSQVQYZ8(;][&7W_=/YE^CR+HG.+SY_K`;H;K_[?71^
M/SO^//P>ONR_S?9/.QAMB).)P-?#X2\C.OYF$"A?*.U!%8'5R]FWW??MKX?3
MYO![M-O_^'F"<&=&Y?[P`"W!OV>/>Y,#T/7M/]7G[_VWT\]/YTD:Q$4697F<
MG9]]W1U/@[U1/C^[_W4\'1[_STI5OM=68K0"GV@E2H,H#=]C(T$;\(DVXCPH
MLBS-B\[;/4G1"GRBE>+]1J"Y:E#@D[N3=<(D>L>8Y&@$/LE(&'2BL$S>T9T.
M&H%/-)*QC9:`P'U<]0`^42^.@C3..D75A1;-$C7A$S6+]^=#!`EKT\ID+F9,
M&KQW"*,Z.^$7ZD=K(D:4B>:7VG_*Q)9N1Y1^YA?RN&2/VU0IYZ+_*NG@]L0Q
M^Z_2+J*\,[]01]Z?>!%EGOD%S;PM]2+*/?,+:KXU^2+*/O,+ZOX_TB^FO(DY
M"[)Z/M*AO+"38C69]K:G[>>/+X??9[!"@9WC\]:L=]&EL873*$Z%]<0*\_N]
M$?]BY#^=0[]AQCP"_?MSU,G"CQ=_PU1]CT)7#4*^1)<DS'1M[/8DZ$LPD&`H
MP4B"L003":82S"282["08"G!2H*U!!L)KB6XD>!6@CL'7$`PZXA"$-\542-O
M(DJAN"+`(8Y%]$B"5'H2]"482#"48"3!6(*)!%,)9A+,)5A(L)1@)<%:@HT$
MUQ+<2'`KP9T#O.C!W.Q&CVX[@V'CXMYV:9+X8;FR0K"D4%RZBO04Z2LR4&2H
MR$B1L2(31::*S!29*[)09*G(2I&U(AM%KA6Y4>16D3N7>,&#U=$-'DZF@=D-
MG7[N[_^Z.E3[3`JJ$8=Y%U+!G4PC$5642CBJEA0<YYXB?4L26&38=IH6ONU!
M+449,U1DI,A8D8DB4T5FBLP562BR5&2ER%J1C4N\"$$DWA,A(UY%B,;G"HD3
M#4O<:"C21ZVPK%;,.(Q2$0@6H):&&HTT&EM4YG5V3%C(K,[0EI@FIBQ`;<TT
MFFNTL,AI:\E"V)98*58L0&VM-=IXR(L7[/#>$R\C[L<+B1,O2]QX*=)'K1#N
M=/?V*474K%AI3YUF&S,D1?^^DQND$8O1L(PM<MR:D%"[$U,KYC@Q(\5V)^8L
M1DXL+'*<6))0NQ,K*^8XL2;%=B<V+`9.>*&'7;D;>IHT#?9#C,0),9+0VZ:F
MF9A9>U;,Z6V?%//J/DV*)(ZB3`1=-3>TI(1)ITX6.(?Z:B-4@W.CN54Z09XF
MG9)_A/C8BCN^3=!`:'WK)'!G1V+C/449'HJ9)>V^S5$-?8.:1!AU0OX1$\C"
MBCN^+=$`^I861=0IY%2`,NS;VI)VWS:H5ON61DG*KH7<BI<\$/FFY#'83QXD
M[%47B4P>;L@>6*R8,PA]4NS8Y(GS).T(K8%J;JC(R)+$)DH4!V%<B.5B;$6<
MQB=H)K2-IVE9)B+=IZJEF2)S2ZCM)`@[J3"SL").VTLT@VW'>5%FJ>CX2C6U
M5F1C"3;>"<JX+/@&*7GR]2(-\TM3I`WV(XW$B302&6F1[CTKYG2X3XIVL#_D
M49++81JHYH:*C"S!#F=!F>=BL,=6PFE[@E9PL#^4>9F4N3_73%5+,T7FEF#;
M95"DH3L=B8WBPDH[?BS1(OG1";.4(U3=(BO5Z%J1C264<'G0*<.2;V\>#B_F
MIOCF!OVUC78E[V<#(2<=",E\$#=?#^6<P>B3*M3'S.S^(8JAD"HFYP$)<9-#
M0C'OWT;(DJ0R%85!7,J[:8PRC@L3,D4NQ&5>9(GP84I2[,.,D./#'!GZD`5Y
M)TZ<6U$L5@L4=]Q9DE5R)RK"/!=+Z8J$V)LU(<>;#3+TIC3%6L<9)_O])#$%
M$EW:^N-IS)1BQ91!B/WK$I))(KK60SEG2/J$[,2>)UE1Q.+.'9!Y;G%8(_"O
M97^!8HG='D#:A&$JXC0F#_CD."%DG6K<\4QK#^I#QJQ&K4[-40R=>FW3LR!G
MV+\E(=PV->UZ5K4SM7_K&K7ZMT$Q]*]EX^-GEBG>J,S*`SC&5,?\F\,S3#;X
M'W'F-Z=]FV4<S"CMB/OTBL0X#[H:]33J(X*#/Y[(Q.PU8`':]0\U&FDT1@0U
M;U*<L!0V)I;.*0N0SDRCN48+1$YC2Y;"QN06@P6HL;5&&P_Y835U'2>L=.(P
MSTODQ(#(#8]"/5)DJ3ZB.*T'<:#1$%$!AZ/ZCH_27"3)B,6HPV-$SKA-M/VI
M1C.VU=;DG,6HR04BI\FEMK_2:,VVVIK<L!@TZ0?,E'F:`F;+/Q!I<O(*EJ$J
MAAR*KD8]C?J$..L'&@T1%68&J)^+I'(W-V(Q<FRLC4TTFFHT8UMM3<Y9C)I<
M:&-+C58:K=E66Y,;%E,!,X6>IH!A`<@-&"(W8`KUS!-%<VNR5)\0;"SK4)0=
ML9\=D!2'=8A(QE#,,B,6HP$=:V,30JU>3$F*O9BQ>78?;GWAQ9S%R(N%-K8D
MU.K%BJ38BS6;;_-BPV(JTJ:NXT3ZU1TZUH'<#+`HA;U^'4@8";'$=,U#8$@!
M$*.1Z"'RLL)*Q<*86AS1#1Z*(1H3E72YE1VQ&+DQ)C?8V`31*VY,M>:,[7NC
M(;:=<Q8C-Q;:V!+1*VZLM.::[;>YL6$QE1BFGN,D1KW(8IW'30"+8K/]=S)`
MEO&ZYOD]9("1HT[WD'DI@"U@D2KI1!F\ON.?G`=:;XBHO4PU(D5PPFY/@KPH
M$C[)BAMX3/(\<TT(H8-9F2=02_$=G)(0Z\T0M3LX)T5T,"J#,"TR=I"/VM7A
M?4'RW-"2$#J8P]LV84?<CRL28KTUHG8'-Z1((Q@%21([YSP>"7\38*I&30F%
M]24WH2R"FJZ74+E(@BYL96Q"\3FDA\Q+*&R!2B"V+.G':Z#UAAJ-$&$9)`W"
MR.EXZ9QPJ]B,M84)6^![)<YXS"K%J5:<:31_DZV%5ER^27&E%=<:;5ZSY2>!
M*2,Y2?#J<F/D14'((I4<X@S=->_M5+.-FQQHCG.^CV(1;(;,?/"ADW<:9ANE
M-R0]I_XQ0H;UCSP*LB*"`B_]B""/R01[,R%$WL1QVBGDIF)*4JPX(^2X,T=&
M!:H<[M,"7GZE'S61J$XNR2JY`SOE(A1+V8J$V)LU(<>;C>]-%@;PT(9&!CYY
M<+R$,4O?>Q*FDO<3!I%,F$STH^O(U<L3F>.^]1$5N'YD:0$#*B83K3:LD3NG
MZ:=/*,;5H;(HW'JOW]"XMEJOJ!-$Z%_CZCG5:K,:M?HW1S'T+P[;5\]%;;7V
M;XD(_6M</%=:;5VC5O\V*$;C]^?%T\\R,-J:95@IHDU0;.1%EEDDLTSN"[JH
M:N0XR]"<FV6(8(-FIJ6H4S:EF=(;DGFX\]SU14R.(^H`'`PJ\TF0YEZM5N:9
M:FE2FR`/,ZBEBSEE2D+<L]G;/)R3)GJ8%$$6B;W9@F38^I)0/6Y9%*FM#PFQ
MWAI1W#YN&])$K](,=@"P7M0_[*&?7XV%2'B)%8[%32\<F1<\;7YQ$.'U3;9>
M[1*N2(S[T=6HAT@<C&0EL\]BE)<#C88:C30::S31:*K13*,Y(F=#MV`I9WC2
MCDB^)8M1CU8:K37::'2MT8U&MQK=><A/BC^4,6-=QB3D!EJ7,5'*J5GV-1H@
MZL!J[QS69,URJ#5'&HTUFF@TU6BFT1P1["<I7`LMM=1HA>B5'JVUYD:C:XUN
M-+K5Z,Y#?J#_4/Z$0*E51)<_28ICWR/$(]77:$!(!%K<)4,28V,CC<:$A#&Q
M\9F0&!N;(A+E.OG"Q8S%*/IS;6RAT5*C%2'AK.CYFL38V8U&UX2$,='S&Q)C
M8[>(7NGY'8M!S_W$,553Y[14;S^PFNH<F<U?`YD5@[.DJU&/$#O9UVA`R.^Q
M7$6'),;&1AJ-"?G&9,5]0F)L;(I(#I\H!<Y8C!,'!X.-+;3]I48K0KZSLN=K
M$F/[&XVN"?G&9,]O2(R-W2)ZI>=W+*82QY1'FQ('RZ9NXEAD-C;.<M!1AR/4
MY/SJF:V223FW?ZJ`WR<I[MZ`D*>8B!:'),6*(XW&A%Q;\)A65(HF),;&IHB\
M088_B/,WOC.6XNS"?K.M!9EWO5!#L20I5EP1\A3E4*Q)BA4W&ET3<FWIH;@A
M,39VBZA]*.Y82J6;J=@ZZ?9:52?&"J^;AE@;AHVOFX8B'%W2=-,0-?WBLWS\
MT"=-[O8`D3DRNFUR):+:90^UY@B1_;-96^IK-B9+-Q-M;$K&W+B5\JW,&4MQ
M(N(P<I<6?_!"U'Z7VHM5LZ9\'K?6FAM$SF!<-QN3@W&CC=V2L=;!N&,IE8JF
MUNND8KUD8@W833F+O&HWW"_BY;ANC)INRB'"^GH<PY\%RQI07^L-"%%I/Q#I
M/20!;FN$R/-2E8W&I(B6LR`I8Z\T[4]K$Y+GAJ9O:FA&BM0%L:>:TW4VO""$
MHQ5E\%?'<K26),1Z*T+45"!?DUJ3!"MM$+4/US4IUL.59?`ZH_/C#]<-R7-#
MMV]JZ(X4L2&>6OQ]'F2[F[2OSI]&7I2?+#(WAC.7%6*7VHU1DSO2(X0UWC@/
M573Z),-J`T3X)"0,,N<1E2F'B&W:4)L8:33VK>9A$'G/EGC\JDEWHBU,"<%J
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M4DNM-%IKM-'H6J,;C6X1.=Z;+ZLQX;#(!M9^^8S]OH3'W<N/77?W\'`\NS_\
M>H()/S4/.6J,WWH3QY=?P!*L$?)*=/FEVB4*?@7?D],D?Q5?PA^):SM7"7RO
M3@/_DEY^L0]_1`-?(G`)SN':%)1"+DV=0U^!4@&TWG0%SK>@4RV"HATX[H%.
MTQ4XBH!.I[&=#N@T7;F*RDOSK%W[=A6'E^:A:M.5"*XT]10>5H`'3<,)17_P
MH.D*5!A!IWI15_4T!9VF*U=1#EXWC0&\1W9I7A+37L.K79?FO2U]!=ZVNC2O
M4NDK5U$'VFD>MP*N5#.#\!I>4@4/FKR&=TG!@Z8K\,HG>-!T!5Z7!&M-&0*O
M,(*UIBOP6B%8:[H"KZV#M:8HP#OF8*WI"KP0#M::KL#[TV"MZ2:!UYS!6M,5
M>!L9K#5=Z<,0-(U`'P:@J2\3Z'X37T+GF_@0$J,IQC-(BR:^AJ2H^$4=8/BZ
MJ^?MC]U\^_)C_W0\>]A]A^D)OA$'ZI4O]INQ['].^(<)7P\G^)XKV$'!][W`
M-YCMX"^783=Y?O;]<#C1?R#I+NKO1/O\'P$```#__P,`4$L#!!0`!@`(````
M(0!D4<_'E@```*H````0````>&PO8V%L8T-H86EN+GAM;#R.P0H"(11%]T'_
M(&_?.#.+B%`'"OJ"^@!Q7J.@3_%)U-]GFS87#A?.O6IYIRA>6#EDTC`-(P@D
ME]=`FX;'_78X@>!F:;4Q$VKX(,-B]COE;'17;P.);B#6X%LK9RG9>4R6AUR0
M>O/,-=G6L6Z22T6[LD=L*<IY'(\R=0$8Y435<)EF$*&?`!%_*8V2_Q7S!0``
M__\#`%!+`P04``8`"````"$``C)3Z#H&``"6&P``$``(`61O8U!R;W!S+V%P
M<"YX;6P@H@0!**```0``````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M``````````````````````````````````````````````````````````"<
M6=]SVC@0?K^9^Q\8WEM(VNOU.H0.A:3-3-HP0'*/'F$O1%=;XB29"_WK[Y,-
MQB9K0WAAL+7?:G]KM>Y]?D[BUIJ,E5I=M2_>=MLM4J&.I%I>M1]F-V\^MEO6
M"16)6"NZ:F_(MC_W?_^M-S9Z1<9)LBVP4/:J_>3<ZE.G8\,G2H1]BV6%E84V
MB7!X-,N.7BQD2",=I@DIU[GL=C]TZ-F1BBAZLRH8MG..G];N7*:1#KU\]G&V
M64'@?F^P6L4R%`Y:]K_+T&BK%ZYU_1Q2W.N4%WN0;DIA:J3;]+N]3OFQ-PU%
M3$,P[B]$;*G7V;_H?2/AC386TMA^;^T^K2ETVK2L_`6S7;9;<V')BW/57@LC
MA7(0RY/E#]G_>&6=Z?^MS4_[1.1LKP."_&7VMTQ;_B_?]R_>760D^%LE]2QR
M4;!0%7(F74SV?C$6QC$R@V59ZDR.7.9<I)T?`T1'<*T<+!;<JMS?4I=E+[08
M:F5U+"/A*`J^B%BHD(+I"UU/H0_&XO@64X>=?*S9X'X1W*_@LH*W-WZN2$6J
M%Y#<KELO','X788Z6;UBFPSR)-09D-=(EAE@*"HA52CS);52D;7!B-84ZU5N
M,>_6B;0_6<FF<JDDLAEQ'`S"4*?POUH&8W@WE+R9)Q3"$Q5JHQ60H7<1N\NC
M3XYY3(@K1X:LR^,,18<EOU4V-5E,C0TE,DUXLCL-5;UVV9]!]$]JG5<YN'Y&
MS6(YWR"M@T<1I^3]=2,5=I$BAES(V)2%W*HU!,Y,R:Z/R,@U*M+::^>Y-)'.
M'<OC%J4ZH6`FGFLL4GAV2LMZ_GN[217<:!/R#MR336B9QEDUS0TYDFO)"C@F
MY4^6S-JHR`OID.YPJ@^5F$_@.ZV6<'8"J_AX\?8!J>)=>2V,`C,;C,EDG'G)
MD9-)(04MR!C4GZG3(1_<".@T\0J"ZMX]@;5/:D-/7ILUJ^B$<G)?2S?!#%%H
M1>B/&UYN+Y#,@R.S#4J0SQ\<O76Q/4WGEOY-LS!=XY?G.\7A&Z4^86"^YOC;
MD]ZBEAK/V&LIU,;'-ZOD'O(83$CNLHVG;2P0?.DJHI6M0SRFN1!=LK+5EQ6D
MTIR%[&-_5UH\*8Y/EKJYPO"*H#QJ-&(^,/V!R!.5G-JT/U];FA%SU[1>KC1-
M=(4+=P6GB7AOU-MMW6FBKBL,.8;UP\ORT+1!<]KS#CGP&A]O!T3O6%F;`YG'
M-`3R#V'8;1H@TS1A(7LW%;$/[B8_NT:G0B8ZCOWA\E^-8,PN#RJ2-NLM^++.
M0@A'`I)HS*M_X(KWK/0'1'^P1'GS4-=%\('0C.%]W(SA%6C&G*//AS-L\.<9
MF(]G8/YB,0=.Y!5H[NOXE&_&\(YOQO".;\;PCF_&\(YOQIQC-][QS?OPCB^?
M=Z6:0TY(7-R+"\S^+E<&#!*-`<4O%(.AQM5AH**CD)%$)R[GJ>_<@B\;`(]"
MOF*88(,'94C$V69W1R&577"?F-:5MZ*#"X9H#-`\3U!T?;L+T-%=!N@FQ))*
MT*.0[>0#/6CPC>((/>11R%8P7W&`\DEW%/*#H,C.6E^%K.F1:YJ8;1BPN]1`
MMC*^!C+3#M>[F]=`KA<+C'QXOXP([=5)`9Q1^E9GYN]`V=.H/MRS]<%R:6B)
MVTKP7;AL<N7C`TLUTD.4,:Y@H5Q!Q;'89!=#?S37^SLLKIFG:5%I%RL/R$+>
M1!6J[<.<,$[R]^.05>6@Q/-EA^.+"[-/)0HF+-\*Q%^*,/K<SI!&M#@!@GD.
M$@]-K2\+H5ZRD)>M<CE`3H2@9TN$V613I-=#QBQDWU;MQ@%EIY\**2Z+][S%
M#IQ75_]W$YWBAE#2^(@H'(0_T@]D.:FAN.BRV]?>4C+GUD*R;$?<(<Z*B0>*
M)$ZCUT'JAQI%33G<Y3YUUK&[,->G4HB>"O$)E&(0BR.5A6"]9CCCPXZ%--_4
M+L_`\"U8_52G5C2O3>UDAZ]\1:94AC8HX+5=SAYQBQ9%19A+H<O9#=19]7G(
M;MI]!H3/I.9M>,^4,3^T0QOA]%ZM(Z)5)E&,S2K?/PZ^>-Q)]=,^K&9ZA+-@
M]TVG^K+GQY44X5O';GW_HO<-GW-,[)D,LXH?[6A>+O@O4(_Y9[;^Q?NWW7==
ME(_2NUYG_T&M_S\```#__P,`4$L#!!0`!@`(````(0#3U2E,,@$``$`"```1
M``@!9&]C4')O<',O8V]R92YX;6P@H@0!**```0``````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M``````````````````"<D=%*PS`4AN\%WZ'DODW;31FAS4!E5PX$)XIW,3G;
M@DT:<J+=WMZLZ^I$K[P,_Y\OWSFIYCO3))_@4;>V)D66DP2L;)6VFYH\K1;I
MC"08A%6B:2W49`](YOSRHI*.R=;#@V\=^*`!DTBRR*2KR38$QRA%N04C,(L-
M&\-UZXT(\>@WU`GY+C9`RSR_I@:"4"((>@"F;B22`:GDB'0?OND!2E)HP(`-
M2(NLH-_=`-[@GQ?ZY*QI=-B[.-.@>\Y6\AB.[1WJL=AU7=9->HWH7]"7Y?UC
M/VJJ[6%7$@@_[*<1&)9QE6L-ZF;/=V^^21"W%?V=54KV=DQZ$`%4$M]C1[M3
M\CRYO5LM""_SXBK-)VE>KLJ"3:>LG+U6]-0:[O,1:`:!?Q-/`-Y[__QS_@4`
M`/__`P!02P$"+0`4``8`"````"$`9A]!`1\#``"Z2@``$P``````````````
M````````6T-O;G1E;G1?5'EP97-=+GAM;%!+`0(M`!0`!@`(````(0"U53`C
M]0```$P"```+`````````````````%@%``!?<F5L<R\N<F5L<U!+`0(M`!0`
M!@`(````(0"7M(7>500``!5,```:`````````````````'X(``!X;"]?<F5L
M<R]W;W)K8F]O:RYX;6PN<F5L<U!+`0(M`!0`!@`(````(0!%2G^D(PD``,@E
M```/`````````````````!,.``!X;"]W;W)K8F]O:RYX;6Q02P$"+0`4``8`
M"````"$`OUQ<FB8,``#G-@``&`````````````````!C%P``>&PO=V]R:W-H
M965T<R]S:&5E=#0N>&UL4$L!`BT`%``&``@````A`*W#;<@F"```:B0``!D`
M````````````````OR,``'AL+W=O<FMS:&5E=',O<VAE970Y-"YX;6Q02P$"
M+0`4``8`"````"$`G%PM)HH'``##'P``&0`````````````````<+```>&PO
M=V]R:W-H965T<R]S:&5E=#DS+GAM;%!+`0(M`!0`!@`(````(0!.2?K]308`
M`,\9```9`````````````````-TS``!X;"]W;W)K<VAE971S+W-H965T.3(N
M>&UL4$L!`BT`%``&``@````A`"*'/!^2"```]2<``!D`````````````````
M83H``'AL+W=O<FMS:&5E=',O<VAE970Y,2YX;6Q02P$"+0`4``8`"````"$`
M5]5Q#-((``"`*@``&0`````````````````J0P``>&PO=V]R:W-H965T<R]S
M:&5E=#DP+GAM;%!+`0(M`!0`!@`(````(0`;.N8NL`0``(D1```9````````
M`````````#-,``!X;"]W;W)K<VAE971S+W-H965T.#DN>&UL4$L!`BT`%``&
M``@````A`*F7V\VG!```PA$``!D`````````````````&E$``'AL+W=O<FMS
M:&5E=',O<VAE970Y-2YX;6Q02P$"+0`4``8`"````"$`2^AE'P<'``#,&P``
M&0````````````````#X50``>&PO=V]R:W-H965T<R]S:&5E=#DV+GAM;%!+
M`0(M`!0`!@`(````(0#.^"=?20,``&P)```9`````````````````#9=``!X
M;"]W;W)K<VAE971S+W-H965T.3<N>&UL4$L!`BT`%``&``@````A`-#CG1UD
M!```U0X``!H`````````````````MF```'AL+W=O<FMS:&5E=',O<VAE970Q
M,#(N>&UL4$L!`BT`%``&``@````A``*8^%,C!```_@T``!H`````````````
M````4F4``'AL+W=O<FMS:&5E=',O<VAE970Q,#$N>&UL4$L!`BT`%``&``@`
M```A`%]?)10T!```X`T``!H`````````````````K6D``'AL+W=O<FMS:&5E
M=',O<VAE970Q,#`N>&UL4$L!`BT`%``&``@````A`!V=SZ'6`@``3P<``!D`
M````````````````&6X``'AL+W=O<FMS:&5E=',O<VAE970Y.2YX;6Q02P$"
M+0`4``8`"````"$`X'KP/Y\"``!&!@``&0`````````````````F<0``>&PO
M=V]R:W-H965T<R]S:&5E=#DX+GAM;%!+`0(M`!0`!@`(````(0!/!%K[W`(`
M`%H'```9`````````````````/QS``!X;"]W;W)K<VAE971S+W-H965T.#@N
M>&UL4$L!`BT`%``&``@````A`#'PV<=R!```L`\``!D`````````````````
M#W<``'AL+W=O<FMS:&5E=',O<VAE970X-RYX;6Q02P$"+0`4``8`"````"$`
M>NM`Q1`)``"R*0``&0````````````````"X>P``>&PO=V]R:W-H965T<R]S
M:&5E=#@V+GAM;%!+`0(M`!0`!@`(````(0#&X]AV4P<``*@@```9````````
M`````````/^$``!X;"]W;W)K<VAE971S+W-H965T-S<N>&UL4$L!`BT`%``&
M``@````A`!F)+63L!```5Q$``!D`````````````````B8P``'AL+W=O<FMS
M:&5E=',O<VAE970W-BYX;6Q02P$"+0`4``8`"````"$`<Z7KFD`>``!.F```
M&0````````````````"LD0``>&PO=V]R:W-H965T<R]S:&5E=#<U+GAM;%!+
M`0(M`!0`!@`(````(0#`)-:DW@L``(\W```9`````````````````".P``!X
M;"]W;W)K<VAE971S+W-H965T-S0N>&UL4$L!`BT`%``&``@````A`)I.(1E!
M)```@,(``!D`````````````````.+P``'AL+W=O<FMS:&5E=',O<VAE970W
M,RYX;6Q02P$"+0`4``8`"````"$`!]V-4D$$``"U#0``&```````````````
M``"PX```>&PO=V]R:W-H965T<R]S:&5E=#$N>&UL4$L!`BT`%``&``@````A
M`(+$PX+7!```_A```!D`````````````````)^4``'AL+W=O<FMS:&5E=',O
M<VAE970W."YX;6Q02P$"+0`4``8`"````"$`M[M/U%4#``##"0``&0``````
M```````````UZ@``>&PO=V]R:W-H965T<R]S:&5E=#<Y+GAM;%!+`0(M`!0`
M!@`(````(0!P='?&^0\``%U0```9`````````````````,'M``!X;"]W;W)K
M<VAE971S+W-H965T.#`N>&UL4$L!`BT`%``&``@````A`)?,FM#[`@``B`@`
M`!D`````````````````\?T``'AL+W=O<FMS:&5E=',O<VAE970X-2YX;6Q0
M2P$"+0`4``8`"````"$`-^$W'.T*``#&-P``&0`````````````````C`0$`
M>&PO=V]R:W-H965T<R]S:&5E=#@T+GAM;%!+`0(M`!0`!@`(````(0#<=8%C
MF`<``$LB```9`````````````````$<,`0!X;"]W;W)K<VAE971S+W-H965T
M.#,N>&UL4$L!`BT`%``&``@````A`%E,<T>I"P``!#H``!D`````````````
M````%A0!`'AL+W=O<FMS:&5E=',O<VAE970X,BYX;6Q02P$"+0`4``8`"```
M`"$`?3U]^=($```^$@``&0````````````````#V'P$`>&PO=V]R:W-H965T
M<R]S:&5E=#@Q+GAM;%!+`0(M`!0`!@`(````(0!H_N?U,P,``"<)```:````
M`````````````/\D`0!X;"]W;W)K<VAE971S+W-H965T,3`S+GAM;%!+`0(M
M`!0`!@`(````(0#?=DLCE@(``"`&```:`````````````````&HH`0!X;"]W
M;W)K<VAE971S+W-H965T,3`T+GAM;%!+`0(M`!0`!@`(````(0"_..++P1<`
M`)=T```:`````````````````#@K`0!X;"]W;W)K<VAE971S+W-H965T,3`U
M+GAM;%!+`0(M`!0`!@`(````(0"YATVO]@8``$`=```:````````````````
M`#%#`0!X;"]W;W)K<VAE971S+W-H965T,3(X+GAM;%!+`0(M`!0`!@`(````
M(0#OAT4XS`4``!06```:`````````````````%]*`0!X;"]W;W)K<VAE971S
M+W-H965T,3(W+GAM;%!+`0(M`!0`!@`(````(0#3?G5]>@H``+4O```:````
M`````````````&-0`0!X;"]W;W)K<VAE971S+W-H965T,3(V+GAM;%!+`0(M
M`!0`!@`(````(0`!L,HAI`<``-TI```:`````````````````!5;`0!X;"]W
M;W)K<VAE971S+W-H965T,3(U+GAM;%!+`0(M`!0`!@`(````(0`<U?^EC`(`
M`'T&```:`````````````````/%B`0!X;"]W;W)K<VAE971S+W-H965T,3(T
M+GAM;%!+`0(M`!0`!@`(````(0"HNL'[V0(``'0'```:````````````````
M`+5E`0!X;"]W;W)K<VAE971S+W-H965T,3(S+GAM;%!+`0(M`!0`!@`(````
M(0`LUA`BB`P``&0Z```:`````````````````,9H`0!X;"]W;W)K<VAE971S
M+W-H965T,3(Y+GAM;%!+`0(M`!0`!@`(````(0"HR?I-?00``"X/```:````
M`````````````(9U`0!X;"]W;W)K<VAE971S+W-H965T,3,P+GAM;%!+`0(M
M`!0`!@`(````(0!Q\Q[4\P(``!4(```:`````````````````#MZ`0!X;"]W
M;W)K<VAE971S+W-H965T,3,Q+GAM;%!+`0(M`!0`!@`(````(0#42?Y*"`@`
M`%\A```8`````````````````&9]`0!X;"]W;W)K<VAE971S+W-H965T,BYX
M;6Q02P$"+0`4``8`"````"$`S$9CTDD$```%#P``&`````````````````"D
MA0$`>&PO=V]R:W-H965T<R]S:&5E=#,N>&UL4$L!`BT`%``&``@````A`+Q@
M@FC,OP$`GE0&`!0`````````````````(XH!`'AL+W-H87)E9%-T<FEN9W,N
M>&UL4$L!`BT`%``&``@````A`#^>=M=1$P``^.\```T`````````````````
M(4H#`'AL+W-T>6QE<RYX;6Q02P$"+0`4``8`"````"$`^V*E;90&``"G&P``
M$P````````````````"=70,`>&PO=&AE;64O=&AE;64Q+GAM;%!+`0(M`!0`
M!@`(````(0"G?_*/^@,``.`,```:`````````````````&)D`P!X;"]W;W)K
M<VAE971S+W-H965T,3(R+GAM;%!+`0(M`!0`!@`(````(0`"67PR<00``/X.
M```:`````````````````)1H`P!X;"]W;W)K<VAE971S+W-H965T,3(Q+GAM
M;%!+`0(M`!0`!@`(````(0#%T</6U`H``",X```:`````````````````#UM
M`P!X;"]W;W)K<VAE971S+W-H965T,3(P+GAM;%!+`0(M`!0`!@`(````(0"\
MD@3U^0(``!4(```:`````````````````$EX`P!X;"]W;W)K<VAE971S+W-H
M965T,3$Q+GAM;%!+`0(M`!0`!@`(````(0"B*F*J7P0``'L.```:````````
M`````````'I[`P!X;"]W;W)K<VAE971S+W-H965T,3$P+GAM;%!+`0(M`!0`
M!@`(````(0!R1/_?*0X``(%$```:`````````````````!&``P!X;"]W;W)K
M<VAE971S+W-H965T,3`Y+GAM;%!+`0(M`!0`!@`(````(0`'<K-+20<``-8?
M```:`````````````````'*.`P!X;"]W;W)K<VAE971S+W-H965T,3`X+GAM
M;%!+`0(M`!0`!@`(````(0!U1V0T(`4```(3```:`````````````````/.5
M`P!X;"]W;W)K<VAE971S+W-H965T,3`W+GAM;%!+`0(M`!0`!@`(````(0`3
M_7&WE`0``,X0```:`````````````````$N;`P!X;"]W;W)K<VAE971S+W-H
M965T,3`V+GAM;%!+`0(M`!0`!@`(````(0`]]93/O04``,T6```:````````
M`````````!>@`P!X;"]W;W)K<VAE971S+W-H965T,3$R+GAM;%!+`0(M`!0`
M!@`(````(0#;/>N>R`0``.\1```:``````````````````RF`P!X;"]W;W)K
M<VAE971S+W-H965T,3$S+GAM;%!+`0(M`!0`!@`(````(0#BW`+HW@@``(<G
M```:``````````````````RK`P!X;"]W;W)K<VAE971S+W-H965T,3$T+GAM
M;%!+`0(M`!0`!@`(````(0"7XC&"%08``.$6```:`````````````````"*T
M`P!X;"]W;W)K<VAE971S+W-H965T,3$Y+GAM;%!+`0(M`!0`!@`(````(0!'
MZ#,FCP(``,$%```:`````````````````&^Z`P!X;"]W;W)K<VAE971S+W-H
M965T,3$X+GAM;%!+`0(M`!0`!@`(````(0"8H9-ZVP8``(4<```:````````
M`````````#:]`P!X;"]W;W)K<VAE971S+W-H965T,3$W+GAM;%!+`0(M`!0`
M!@`(````(0`QF:QI``0``%\,```:`````````````````$G$`P!X;"]W;W)K
M<VAE971S+W-H965T,3$V+GAM;%!+`0(M`!0`!@`(````(0"D]$I;,P0``,D,
M```:`````````````````('(`P!X;"]W;W)K<VAE971S+W-H965T,3$U+GAM
M;%!+`0(M`!0`!@`(````(0#8_%\UJ`,``$X+```9`````````````````.S,
M`P!X;"]W;W)K<VAE971S+W-H965T-S$N>&UL4$L!`BT`%``&``@````A`$-K
M]TQ3#@``/T<``!D`````````````````R]`#`'AL+W=O<FMS:&5E=',O<VAE
M970W,BYX;6Q02P$"+0`4``8`"````"$`5<##NXL&``#5&0``&0``````````
M``````!5WP,`>&PO=V]R:W-H965T<R]S:&5E=#8Y+GAM;%!+`0(M`!0`!@`(
M````(0#9*BH/7P,``"4*```9`````````````````!?F`P!X;"]W;W)K<VAE
M971S+W-H965T,C<N>&UL4$L!`BT`%``&``@````A`*B%,WAX"P``+30``!D`
M````````````````K>D#`'AL+W=O<FMS:&5E=',O<VAE970R-BYX;6Q02P$"
M+0`4``8`"````"$`Q6K-9JL6``#Z=0``&0````````````````!<]0,`>&PO
M=V]R:W-H965T<R]S:&5E=#(U+GAM;%!+`0(M`!0`!@`(````(0!ZO)6W?`(`
M`+8%```9`````````````````#X,!`!X;"]W;W)K<VAE971S+W-H965T,C0N
M>&UL4$L!`BT`%``&``@````A`*8/)GT@`P``V@@``!D`````````````````
M\0X$`'AL+W=O<FMS:&5E=',O<VAE970R,RYX;6Q02P$"+0`4``8`"````"$`
MG:AB''PG```7R@``&0````````````````!($@0`>&PO=V]R:W-H965T<R]S
M:&5E=#(R+GAM;%!+`0(M`!0`!@`(````(0!9[[D>BPX``'Q%```9````````
M`````````/LY!`!X;"]W;W)K<VAE971S+W-H965T,C@N>&UL4$L!`BT`%``&
M``@````A`,RV\K!=`P``1PH``!D`````````````````O4@$`'AL+W=O<FMS
M:&5E=',O<VAE970R.2YX;6Q02P$"+0`4``8`"````"$`/*VJ12$#``#Q"```
M&0````````````````!13`0`>&PO=V]R:W-H965T<R]S:&5E=#,P+GAM;%!+
M`0(M`!0`!@`(````(0"Z>#J4D`(``"\&```9`````````````````*E/!`!X
M;"]W;W)K<VAE971S+W-H965T-S`N>&UL4$L!`BT`%``&``@````A`#9O:HA(
M"```@20``!D`````````````````<%($`'AL+W=O<FMS:&5E=',O<VAE970S
M-"YX;6Q02P$"+0`4``8`"````"$`5ABMY:\U``#5&`$`&0``````````````
M``#O6@0`>&PO=V]R:W-H965T<R]S:&5E=#,S+GAM;%!+`0(M`!0`!@`(````
M(0!\OUHQ.@T``&]````9`````````````````-60!`!X;"]W;W)K<VAE971S
M+W-H965T,S(N>&UL4$L!`BT`%``&``@````A`!Q="4]3`@``,P4``!D`````
M````````````1IX$`'AL+W=O<FMS:&5E=',O<VAE970S,2YX;6Q02P$"+0`4
M``8`"````"$`):&A7S\\``!78P$`&0````````````````#0H`0`>&PO=V]R
M:W-H965T<R]S:&5E=#(Q+GAM;%!+`0(M`!0`!@`(````(0#MIJ$U(AL``,>.
M```9`````````````````$;=!`!X;"]W;W)K<VAE971S+W-H965T,C`N>&UL
M4$L!`BT`%``&``@````A`-)(:$'H%0``VG$``!D`````````````````G_@$
M`'AL+W=O<FMS:&5E=',O<VAE970Q.2YX;6Q02P$"+0`4``8`"````"$`'5:(
M^1H-``#[0```&0````````````````"^#@4`>&PO=V]R:W-H965T<R]S:&5E
M=#$P+GAM;%!+`0(M`!0`!@`(````(0#7.I8N-PH``!@N```8````````````
M``````\<!0!X;"]W;W)K<VAE971S+W-H965T.2YX;6Q02P$"+0`4``8`"```
M`"$`@G&22%@"```O!0``&`````````````````!\)@4`>&PO=V]R:W-H965T
M<R]S:&5E=#@N>&UL4$L!`BT`%``&``@````A`*QB/2_-"```ZB<``!@`````
M````````````"BD%`'AL+W=O<FMS:&5E=',O<VAE970W+GAM;%!+`0(M`!0`
M!@`(````(0".<DDI1@4``)`3```8``````````````````TR!0!X;"]W;W)K
M<VAE971S+W-H965T-BYX;6Q02P$"+0`4``8`"````"$`X/)\'XT"```^!@``
M&`````````````````")-P4`>&PO=V]R:W-H965T<R]S:&5E=#4N>&UL4$L!
M`BT`%``&``@````A``^A8-/P#```!D$``!D`````````````````3#H%`'AL
M+W=O<FMS:&5E=',O<VAE970Q,2YX;6Q02P$"+0`4``8`"````"$`R3`>?\`#
M```L#```&0````````````````!S1P4`>&PO=V]R:W-H965T<R]S:&5E=#$R
M+GAM;%!+`0(M`!0`!@`(````(0#&)V:19Q\``)JQ```9````````````````
M`&I+!0!X;"]W;W)K<VAE971S+W-H965T,3,N>&UL4$L!`BT`%``&``@````A
M`+7'"[EW*```Q>,``!D`````````````````"&L%`'AL+W=O<FMS:&5E=',O
M<VAE970Q."YX;6Q02P$"+0`4``8`"````"$`K=/%J9)D```L+P(`&0``````
M``````````"VDP4`>&PO=V]R:W-H965T<R]S:&5E=#$W+GAM;%!+`0(M`!0`
M!@`(````(0#^^GF",`L!`&$D!@`9`````````````````'_X!0!X;"]W;W)K
M<VAE971S+W-H965T,38N>&UL4$L!`BT`%``&``@````A`(G[XS#V4@``'N0!
M`!D`````````````````Y@,'`'AL+W=O<FMS:&5E=',O<VAE970Q-2YX;6Q0
M2P$"+0`4``8`"````"$`7WYQZ]`9``"FA0``&0`````````````````35P<`
M>&PO=V]R:W-H965T<R]S:&5E=#$T+GAM;%!+`0(M`!0`!@`(````(0`_Y*\'
ML`<``'`?```9`````````````````!IQ!P!X;"]W;W)K<VAE971S+W-H965T
M,S8N>&UL4$L!`BT`%``&``@````A`*6E6&LX$```C5,``!D`````````````
M`````7D'`'AL+W=O<FMS:&5E=',O<VAE970S-2YX;6Q02P$"+0`4``8`"```
M`"$`)V&YO<<:``".CP``&0````````````````!PB0<`>&PO=V]R:W-H965T
M<R]S:&5E=#,X+GAM;%!+`0(M`!0`!@`(````(0"_6;@^Y@X``&%7```9````
M`````````````&ZD!P!X;"]W;W)K<VAE971S+W-H965T-C`N>&UL4$L!`BT`
M%``&``@````A`%DM)8Q""```6B<``!D`````````````````B[,'`'AL+W=O
M<FMS:&5E=',O<VAE970U.2YX;6Q02P$"+0`4``8`"````"$`T2)F_2L#``!`
M"0``&0`````````````````$O`<`>&PO=V]R:W-H965T<R]S:&5E=#4X+GAM
M;%!+`0(M`!0`!@`(````(0#>*YD#N`,``/$*```9`````````````````&:_
M!P!X;"]W;W)K<VAE971S+W-H965T-3<N>&UL4$L!`BT`%``&``@````A`/Q'
M=Q#^`@``!P@``!D`````````````````5<,'`'AL+W=O<FMS:&5E=',O<VAE
M970U-BYX;6Q02P$"+0`4``8`"````"$`G6HA6O,"```<"```&0``````````
M``````"*Q@<`>&PO=V]R:W-H965T<R]S:&5E=#,W+GAM;%!+`0(M`!0`!@`(
M````(0!.O@;4\0(``!L(```9`````````````````+3)!P!X;"]W;W)K<VAE
M971S+W-H965T-C$N>&UL4$L!`BT`%``&``@````A`,/\HB<\`P``5PD``!D`
M````````````````W,P'`'AL+W=O<FMS:&5E=',O<VAE970V,BYX;6Q02P$"
M+0`4``8`"````"$`PE+SIFT&``!>&P``&0````````````````!/T`<`>&PO
M=V]R:W-H965T<R]S:&5E=#8S+GAM;%!+`0(M`!0`!@`(````(0!^S&U[$`4`
M`)$1```9`````````````````//6!P!X;"]W;W)K<VAE971S+W-H965T-C@N
M>&UL4$L!`BT`%``&``@````A`)_V'>0)!0``7!(``!D`````````````````
M.MP'`'AL+W=O<FMS:&5E=',O<VAE970V-RYX;6Q02P$"+0`4``8`"````"$`
MYGWM6Y8$``"($0``&0````````````````!ZX0<`>&PO=V]R:W-H965T<R]S
M:&5E=#8V+GAM;%!+`0(M`!0`!@`(````(0!BX*54<@L``$@X```9````````
M`````````$?F!P!X;"]W;W)K<VAE971S+W-H965T-C4N>&UL4$L!`BT`%``&
M``@````A``IL,.>C!```>!```!D`````````````````\/$'`'AL+W=O<FMS
M:&5E=',O<VAE970V-"YX;6Q02P$"+0`4``8`"````"$`SID0JS@#``"S"0``
M&0````````````````#*]@<`>&PO=V]R:W-H965T<R]S:&5E=#4T+GAM;%!+
M`0(M`!0`!@`(````(0!>AM*A10T``!]#```9`````````````````#GZ!P!X
M;"]W;W)K<VAE971S+W-H965T-34N>&UL4$L!`BT`%``&``@````A`)2K0>6[
M!```KA$``!D`````````````````M0<(`'AL+W=O<FMS:&5E=',O<VAE970U
M,BYX;6Q02P$"+0`4``8`"````"$`9E\!^`D>``!&FP``&0``````````````
M``"G#`@`>&PO=V]R:W-H965T<R]S:&5E=#0S+GAM;%!+`0(M`!0`!@`(````
M(0#M9*X$!5$``+.O`0`9`````````````````.<J"`!X;"]W;W)K<VAE971S
M+W-H965T-#(N>&UL4$L!`BT`%``&``@````A`.ZTTZ&*T@``%H\$`!D`````
M````````````(WP(`'AL+W=O<FMS:&5E=',O<VAE970T,2YX;6Q02P$"+0`4
M``8`"````"$`\GCOQ9`V``!3(@$`&0````````````````#D3@D`>&PO=V]R
M:W-H965T<R]S:&5E=#0P+GAM;%!+`0(M`!0`!@`(````(0`7G:1A91<``.-T
M```9`````````````````*N%"0!X;"]W;W)K<VAE971S+W-H965T,SDN>&UL
M4$L!`BT`%``&``@````A`#O1RJ/!`@``;@<``!D`````````````````1YT)
M`'AL+W=O<FMS:&5E=',O<VAE970U,RYX;6Q02P$"+0`4``8`"````"$`I?LJ
MP)(1``#,40``&0`````````````````_H`D`>&PO=V]R:W-H965T<R]S:&5E
M=#0T+GAM;%!+`0(M`!0`!@`(````(0!FKNQ2P#(``/4F`0`9````````````
M``````BR"0!X;"]W;W)K<VAE971S+W-H965T-#8N>&UL4$L!`BT`%``&``@`
M```A`(IE$-8(!0``]!(``!D`````````````````_^0)`'AL+W=O<FMS:&5E
M=',O<VAE970U,2YX;6Q02P$"+0`4``8`"````"$`9!!E(]D-``!D0```&0``
M```````````````^Z@D`>&PO=V]R:W-H965T<R]S:&5E=#4P+GAM;%!+`0(M
M`!0`!@`(````(0!)$#L9VA4```%M```9`````````````````$[X"0!X;"]W
M;W)K<VAE971S+W-H965T-#4N>&UL4$L!`BT`%``&``@````A`,W]BM_A(@``
M/:T``!D`````````````````7PX*`'AL+W=O<FMS:&5E=',O<VAE970T-RYX
M;6Q02P$"+0`4``8`"````"$`]ZP:?W,*```Q+@``&0````````````````!W
M,0H`>&PO=V]R:W-H965T<R]S:&5E=#0Y+GAM;%!+`0(M`!0`!@`(````(0#>
M$46I"!$``%A-```9`````````````````"$\"@!X;"]W;W)K<VAE971S+W-H
M965T-#@N>&UL4$L!`BT`%``&``@````A`&11S\>6````J@```!``````````
M````````8$T*`'AL+V-A;&-#:&%I;BYX;6Q02P$"+0`4``8`"````"$``C)3
MZ#H&``"6&P``$``````````````````D3@H`9&]C4')O<',O87!P+GAM;%!+
M`0(M`!0`!@`(````(0#3U2E,,@$``$`"```1`````````````````)15"@!D
F;V-0<F]P<R]C;W)E+GAM;%!+!08`````C0"-`.0F``#]5PH`````
`
end

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R70.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EBJAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Expenses Related To Remedial Actions For Insured Obligations) (Detail) (Remedial Actions For Insured Obligations [Member], USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top">
          <div class="a">Remedial Actions For Insured Obligations [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross', window );">Loss adjustment expense incurred, gross</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredGross[mbi_ClaimLiabilityAxis=mbi_RemedialActionsForInsuredObligationsMember]" onclick="toggleNextSibling(this);">$ 36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredGross<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RemedialActionsForInsuredObligationsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredGross[mbi_ClaimLiabilityAxis=mbi_RemedialActionsForInsuredObligationsMember]" onclick="toggleNextSibling(this);">$ 57</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredGross<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RemedialActionsForInsuredObligationsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredGross[mbi_ClaimLiabilityAxis=mbi_RemedialActionsForInsuredObligationsMember]" onclick="toggleNextSibling(this);">$ 137</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredGross<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RemedialActionsForInsuredObligationsMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, before effect of policies assumed or ceded, of expense related to provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredGross</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R124.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EJDAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Commitments and Contingencies (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014

</div>
          <div>Lawsuits</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract', window );"><strong>Commitments and Contingencies [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfOtherLawsuits', window );">Other material lawsuits pending</a></td>
        <td class="nump"><a title="mbi_NumberOfOtherLawsuits" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfOtherLawsuits</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfOperatingLeaseTermExtensions', window );">Number of operating lease term extensions</a></td>
        <td class="nump"><a title="mbi_NumberOfOperatingLeaseTermExtensions" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfOperatingLeaseTermExtensions</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm', window );">Lease renewal term</a></td>
        <td class="text">5 years<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue', window );">Operating leases future minimum payments due</a></td>
        <td class="nump"><a title="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" onclick="toggleNextSibling(this);">$ 42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingLeasesFutureMinimumPaymentsDue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LeaseIncentives', window );">Lease incentives</a></td>
        <td class="nump"><a title="mbi_LeaseIncentives" onclick="toggleNextSibling(this);">$ 6</a><span style="display:none;white-space:normal;text-align:left;">mbi_LeaseIncentives</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LeaseIncentives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of lease incentives from lessor to fund certain leasehold improvements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LeaseIncentives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfOperatingLeaseTermExtensions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of times lessee can extend the term of the operating lease.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfOperatingLeaseTermExtensions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfOtherLawsuits">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other material lawsuits pending</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfOtherLawsuits</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Term of the lessee's leasing arrangement renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 40<br><br> -Subparagraph (Note 3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 840<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R55.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EYWCI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 875</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,051</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,228</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">246</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">1,200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">8,613</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">12,565</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">5,623</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">7,693</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">110</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">120</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">37</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">70</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">102</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">108</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember', window );">Residential Mortgage Backed Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">14,136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">21,738</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">7,459</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">9,251</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">41</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">518</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">658</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">51</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">307</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">327</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">571</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1,367</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">279</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">447</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_ConsumerAssetBackedMember', window );">Consumer Asset Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">6,008</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">7,830</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">1,989</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">2,740</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CorporateAssetBackedMember', window );">Corporate Asset Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">6,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">13,028</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">4,608</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">7,248</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">41</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">80</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">96</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">35,940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">56,528</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">19,958</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">27,379</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">119</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">141</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">123</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">196</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">524</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">676</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">121</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">204</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">389</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">361</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">102</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">113</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">49,686</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">52,317</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">16,698</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">20,162</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">179</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">206</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">211</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">248</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_TotalInsuranceMember', window );">Total Insurance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">85,626</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">108,845</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">36,656</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">47,541</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">119</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_Investments[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">141</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">302</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">402</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">524</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">676</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">332</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">452</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">389</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">366</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">$ 102</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[invest_InvestmentAxis=mbi_TotalInsuranceMember]" onclick="toggleNextSibling(this);">$ 113</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ invest_InvestmentAxis<br>= mbi_TotalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="6"></td>
      </tr>
      <tr>
        <td colspan="6">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Investments on MBIA's consolidated balance sheets.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Premiums receivable on MBIA's consolidated balance sheets.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[3]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Unearned premium revenue on MBIA's consolidated balance sheets.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[4]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Derivative liabilities on MBIA's consolidated balance sheets.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[5]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Insurance loss recoverable on MBIA's consolidated balance sheets.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[6]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Loss and loss adjustment expense reserves on MBIA's consolidated balance sheets.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41228-113958<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13495-108611<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41271-113958<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226008-175313<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Subparagraph h<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Investments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a),(b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14764-158437<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.(a),5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnearnedPremiums">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 16<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.(a),13(a)(2))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 13<br><br> -Subparagraph a(2)<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnearnedPremiums</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The reporting entity's maximum amount of exposure to loss as a result of its involvement with the Variable Interest Entity (VIE).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph b<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5728-111685<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5747-111685<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of the assets in the reporting entity's statement of financial position that relate to the reporting entity's variable interest in the Variable Interest Entity (VIE), where the reporting entity is not the VIE's primary beneficiary.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph a<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5728-111685<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ConsumerAssetBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ConsumerAssetBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CorporateAssetBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CorporateAssetBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_GlobalPublicFinanceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_GlobalPublicFinanceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_GlobalStructuredFinanceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_TotalInsuranceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_TotalInsuranceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R78.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EULAG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes', window );">Medium-term notes, contractual outstanding principal</a></td>
        <td class="nump"><a title="mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">$ 242</a><span style="display:none;white-space:normal;text-align:left;">mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">$ 276</a><span style="display:none;white-space:normal;text-align:left;">mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueMediumTermNotes', window );">Medium-term notes, fair value</a></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueMediumTermNotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueMediumTermNotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueMediumTermNotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueMediumTermNotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateDifferencesMediumTermNotes', window );">Medium-term notes, difference</a></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateDifferencesMediumTermNotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">45</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateDifferencesMediumTermNotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateDifferencesMediumTermNotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">73</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateDifferencesMediumTermNotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable', window );">Loans receivable, contractual outstanding principal</a></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,502</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,077</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments', window );">Variable interest entity notes, contractual outstanding principal</a></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3,584</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3,787</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLoansReceivable', window );">Loans receivable, fair value</a></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,142</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments', window );">Variable interest entity notes, fair value</a></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,479</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,356</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables', window );">Loans receivable, difference</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">360</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">465</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments', window );">Variable interest entity notes, difference</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,105</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember', window );">Residential Mortgage Loans [Member] | Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable', window );">Loans receivable, contractual outstanding principal</a></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">1,554</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">1,846</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue', window );">Loans receivable, 90 days or more past due, contractual outstanding principal</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">227</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">231</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLoansReceivable', window );">Loans receivable, fair value</a></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">1,377</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">1,562</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus', window );">Loans receivable, 90 days or more past due, fair value</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables', window );">Loans receivable, difference</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">177</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference', window );">Loans receivable, 90 days or more past due, difference</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">173</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">181</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember', window );">Other Loans [Member] | Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable', window );">Loans receivable, contractual outstanding principal</a></td>
        <td class="nump"><a title="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember]" onclick="toggleNextSibling(this);">721</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_OtherLoansMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLoansReceivable', window );">Loans receivable, fair value</a></td>
        <td class="nump"><a title="mbi_FairValueOptionAggregateFairValueLoansReceivable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember]" onclick="toggleNextSibling(this);">711</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOptionAggregateFairValueLoansReceivable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_OtherLoansMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables', window );">Loans receivable, difference</a></td>
        <td class="nump"><a title="us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember]" onclick="toggleNextSibling(this);">$ 10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_OtherLoansMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateDifferencesMediumTermNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Aggregate Differences Medium Term Notes</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOptionAggregateDifferencesMediumTermNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateFairValueLoansReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Aggregate Fair Value Loans Receivable</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOptionAggregateFairValueLoansReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Aggregate Fair Value Long Term Debt Instruments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateFairValueMediumTermNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Aggregate Fair Value Medium Term Notes</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOptionAggregateFairValueMediumTermNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Contractual Outstanding Principal Loans Receivable</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Contractual Outstanding Principal Long Term Debt Instruments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Option Contractual Outstanding Principal Medium Term Notes</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the difference between the aggregate fair value and the aggregate unpaid principal balance of loans and long-term receivables (other than securities categorized as trading, available-for-sale or held-to-maturity) that have contractual principal amounts and for which the fair value option has been elected.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (d)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the difference between the aggregate fair value and the aggregate unpaid principal balance of long-term debt instruments that have contractual principal amounts and for which the fair value option has been elected.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (d)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of loans held as assets that are 90 days or more past due for which the fair value option has been elected.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For loans held as assets for which the fair value option has been elected, this item represents the difference between the aggregate fair value and the aggregate unpaid principal balance of those loans that are 90 days or more past due.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (e)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of loans held as assets that are in nonaccrual status for which the fair value option has been elected, if the entity's policy is to recognize interest income separately from other changes in fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (e)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>R104.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EODAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Segments (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract', window );"><strong>Disclosure Business Segments Summary Of Companys Segment Results [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NumberOfOperatingSegments', window );">Number of operating segments</a></td>
        <td class="nump"><a title="us-gaap_NumberOfOperatingSegments" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NumberOfOperatingSegments</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtinguishmentOfDebtLineItems', window );"><strong>Extinguishment Of Debt [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">$ 3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">$ 60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExtinguishmentOfDebtLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ExtinguishmentOfDebtLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12317-112629<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12355-112629<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NumberOfOperatingSegments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NumberOfOperatingSegments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R46.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E2F">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Segments (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock', window );">Summary of company's segment results</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2014</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Advisory</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Services</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Conduit</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 373</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 189</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 42</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 616</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >insured derivatives</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 458</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 459</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 26</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 78</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >to other-than-temporary </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >impairments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (15)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (15)</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 14</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 28</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 105</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (8)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 4</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 101</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 44</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 46</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 22</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (1)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (166)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 443</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 819</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 148</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 23</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (166)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,270</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (10)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 143</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 133</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 38</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 72</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 87</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 42</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 239</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 109</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 101</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 210</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 47</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 47</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 78</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 64</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 15</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 9</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (172)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 106</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 435</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 203</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 48</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 9</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (172)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 629</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 337</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 384</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (55)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (25)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (6)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 641</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 115</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 134</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (173)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (6)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 72</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 222</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 250</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 118</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (19)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (6)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 4</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 569</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 5,887</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 10,086</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,846</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 793</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3,328)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16,284</font></td></tr><tr style='height:13.5pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to intercompany</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        receivables and payables and intercompany loans.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2013</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Advisory</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Services</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Conduit</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 425</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 148</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 644</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >insured derivatives</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 229</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 232</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 29</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 24</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 15</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 69</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 22</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 38</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 60</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (29)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (29)</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 237</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (14)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 10</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 233</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 90</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 78</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 85</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 26</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (9)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (270)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 518</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 716</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 163</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 43</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (232)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,209</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 105</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 117</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 66</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 108</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 157</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 53</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 384</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 112</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 124</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 236</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 50</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 56</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 96</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 136</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 26</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (272)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 267</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 418</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 288</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 60</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 32</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (272)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 793</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 251</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 298</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (125)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (31)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 40</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 416</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 82</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 101</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (15)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (10)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 13</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 166</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 169</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 197</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (110)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (12)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (21)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 27</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 250</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6,056</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 11,687</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,641</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 44</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 177</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3,652)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16,953</font></td></tr><tr style='height:11.25pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to intercompany</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        receivables and payables and intercompany loans.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Represents the gain on the debt received as consideration in connection with the settlement with Bank of America.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2012</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Advisory</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Services</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Conduit</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 548</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 243</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 68</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 21</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 880</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >insured derivatives</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,463</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,464</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 121</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 93</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (158)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (1)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >to other-than-temporary </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >impairments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (45)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (60)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (105)</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 71</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 63</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 134</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 168</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 45</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 177</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 34</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (422)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 838</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,871</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 33</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 54</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 61</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (422)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,435</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 21</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 29</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 50</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 124</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 147</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 114</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 46</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 431</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 132</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 152</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 284</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 59</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 13</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 72</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 124</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 208</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 15</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 13</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 97</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (457)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 269</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 575</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 281</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 59</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 110</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (457)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 837</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 569</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,296</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (248)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (49)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 35</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,598</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 188</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 432</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (179)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (1)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (59)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 364</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 381</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 864</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (69)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (32)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 94</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,234</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6,887</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 17,248</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,721</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 44</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 694</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5,870)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 21,724</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and </font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        other fees.</font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to </font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        intercompany receivables and payables.</font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany reinsurance balances, repurchase agreements and loans.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock', window );">Summary Of premiums earned on financial guarantees and insured derivatives by geographic location of risk</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:243.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total premiums earned:</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United States</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 299</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 391</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 530</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United Kingdom</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 34</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Europe (excluding United Kingdom)</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 15</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally diversified</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 16</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Central and South America</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 49</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 48</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asia</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 11</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total   </font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 416</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 494</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 661</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:15pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element shows Premiums earned on financial guarantees and insured derivatives within the company's insurance segments by geographic location of risk.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of  all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 31<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8924-108599<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 30<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8906-108599<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule II- Parent Company Financials<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract', window );"><strong>Condensed Financial Information of Parent Company Only Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock', window );">Condensed Financial Information of Parent Company Only Disclosure</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:18pt;' ><td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >CONDENSED BALANCE SHEETS</font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions except share and per share amounts)</font></td></tr><tr style='height:13.5pt;' ><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:center;border-color:Black;min-width:401.25pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:21.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > </font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets </font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $671 and $703)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >751</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >728</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments carried at fair value</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments pledged as collateral, at fair value (amortized cost $445 and $463)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >408</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >375</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Short-term investments held as available-for-sale, at fair value (amortized cost $327 and $171)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >327</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >171</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,523</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,309</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >140</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment in wholly-owned subsidiaries</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,953</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,890</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred income taxes, net</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >965</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >791</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >140</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >6,684</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >6,270</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities and Shareholders&#39; Equity </font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities: </font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >505</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >654</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >592</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >592</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Affiliate loans payable</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,207</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,510</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >451</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >236</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >2,755</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >2,992</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Shareholders&#39; Equity:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >and 277,812,430</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >281</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >278</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additional paid-in capital</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,128</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,115</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Retained earnings </font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,858</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,289</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accumulated other comprehensive income (loss), net of tax of $6 and $25</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(86)</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Treasury stock, at cost--89,409,887 and 85,562,546 shares</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,359)</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,318)</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total shareholders&#39; equity of MBIA Inc.</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >3,929</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >3,278</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total liabilities and shareholders&#39; equity</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >6,684</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >6,270</font></td></tr><tr style='height:15pt;' ><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:401.25pt;text-align:left;border-color:Black;min-width:401.25pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546pt;text-align:center;border-color:Black;min-width:546pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:18pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >CONDENSED STATEMENTS OF OPERATIONS</font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='8' rowspan='1' style='width:189.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:189.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years ended December 31,</font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Revenues:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net investment income</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(119)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment losses related to other-than-temporary impairments:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;border-color:Black;min-width:311.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment losses related to other-than-temporary impairments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(52)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;border-color:Black;min-width:311.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other-than-temporary impairments recognized in accumulated other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >comprehensive income (loss)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(59)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other net realized gains (losses)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total revenues</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >104</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(114)</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Expenses:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Operating</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >104</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expenses</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >129</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >195</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gain (loss) before income taxes and equity in earnings of subsidiaries</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(59)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(70)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(309)</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(781)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gain (loss) before equity in earnings of subsidiaries</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >106</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >132</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >472</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equity in net income (loss) of subsidiaries</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >463</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >762</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Net income (loss)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >569</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,234</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:18pt;' ><td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:552pt;text-align:center;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='8' rowspan='1' style='width:172.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years ended December 31,</font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >569</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,234</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss):</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrealized gains (losses) on available-for-sale securities:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrealized gains (losses) arising during the period</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >126</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(179)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >166</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(17)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(162)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reclassification adjustments for (gains) losses included in net income (loss)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >111</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Available-for-sale securities with other-than-temporary impairments:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other-than-temporary impairments and unrealized gains (losses)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >arising during the period</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reclassification adjustments for (gains) losses included in net income (loss)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency translation:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign currency translation gains (losses)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other comprehensive income (loss)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(142)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >232</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:365.25pt;text-align:left;border-color:Black;min-width:365.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Comprehensive income (loss)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >676</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >108</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,466</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:552pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:12.75pt;' ><td colspan='12' rowspan='1' style='width:552pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:15pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >CONDENSED STATEMENTS OF CASH FLOWS</font></td></tr><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:9.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td colspan='8' rowspan='1' style='width:172.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >Years ended December 31,</font></td></tr><tr style='height:10.5pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from operating activities:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fees and reimbursements received</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investment income received</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >256</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >118</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating expenses paid</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(35)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(43)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest paid, net of interest converted to principal</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(93)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(93)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(101)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income taxes (paid) received</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >111</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >224</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by operating activities</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >233</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >203</font></td></tr><tr style='height:6pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from investing activities:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases of available-for-sale investments</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(125)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(287)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(560)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales of available-for-sale investments</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >268</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >147</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,148</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Paydowns and maturities of available-for-sale investments</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >98</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >252</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,036</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases of investments at fair value</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(266)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(144)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(42)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales, paydowns and maturities of investments at fair value</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >280</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >126</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >139</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales, paydowns and maturities (purchases) of short-term investments, net</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(242)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >94</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >114</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Payments) proceeds for derivative settlements</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(26)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(32)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(207)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateral (to) from swap counterparty</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >144</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >122</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(285)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Contributions to subsidiaries, net</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Advances to subsidiaries, net</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by investing activities</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >99</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >280</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,332</font></td></tr><tr style='height:6pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from financing activities:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Proceeds from investment agreements</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >23</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Principal paydowns of investment agreements</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(181)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(274)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(679)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Payments for securities sold under agreements to repurchase</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(32)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(639)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Payments for retirement of debt</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(180)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Payments for affiliate loans</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(153)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(194)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(109)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases of treasury stock</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(32)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Restricted stock awards settlements</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by financing activities</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(327)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(465)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,575)</font></td></tr><tr style='height:6pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net increase (decrease) in cash and cash equivalents</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(40)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >48</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(40)</font></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash and cash equivalents - beginning of year</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >140</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >132</font></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash and cash equivalents - end of year</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >100</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >140</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92</font></td></tr><tr style='height:9.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Reconciliation of net income (loss) to net cash provided (used) by operating activities:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >569</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >250</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,234</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:329.25pt;text-align:left;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Change in:</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intercompany accounts receivable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Current income taxes</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >70</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >57</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Equity in earnings of subsidiaries</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(463)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(118)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(762)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Dividends from subsidiaries</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >225</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >219</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >60</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >59</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net (gains) losses on financial instruments at fair value and foreign exchange</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other net realized (gains) losses</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred income tax benefit</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(176)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(207)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(613)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Gains) losses on extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(43)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >62</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total adjustments to net income (loss)</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(381)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(17)</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,031)</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by operating activities</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >188</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >233</font></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >203</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:6pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:317.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td><td style='width:14.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:10.5pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><div><p style='text-align:center;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;' >SCHEDULE II</font></p><p style='text-align:center;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >MBIA INC. (PARENT COMPANY)</font></p><p style='text-align:center;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;' >NOTES TO CONDENSED FINANCIAL STATEMENTS</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >1. Condensed Financial Statements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles </font><font style='font-family:Times New Roman;font-size:10pt;' >generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the Company&#8217;s consolidated financial statements and the notes thereto.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The activities o</font><font style='font-family:Times New Roman;font-size:10pt;' >f MBIA Inc. consist of general corporate activities and funding activities, which principally include holding and managing investments, servicing outstanding corporate debt, investment agreements issued by MBIA Inc. and its subsidiaries, and posting collat</font><font style='font-family:Times New Roman;font-size:10pt;' >eral under investment agreement and derivative contracts.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc. is subject to the same liquidity risks and uncertainties as described in footnote 1 to the Company&#8217;s consolidated financial statements. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. had $</font><font style='font-family:Times New Roman;font-size:10pt;' >498</font><font style='font-family:Times New Roman;font-size:10pt;' > million of cash and highly liquid assets available for general corporate liquidity purpose</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >2. Significant Accounting Policies</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Inc. (the &#8220;Parent Company&#8221;) carries its investments in subsidiaries under the equity method.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain amounts have been reclassified in prior years&#8217; financial statements to conform to the current presentation. Th</font><font style='font-family:Times New Roman;font-size:10pt;' >ese</font><font style='font-family:Times New Roman;font-size:10pt;' > reclassification</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > had no impact on total</font><font style='font-family:Times New Roman;font-size:10pt;' > revenues, expenses, assets, liabilities, or shareholders&#8217; equity for all periods presented.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >3. Dividends from Subsidiaries</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $</font><font style='font-family:Times New Roman;font-size:10pt;' >220</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc. and Trifi</font><font style='font-family:Times New Roman;font-size:10pt;' >nium Holdings Limited d</font><font style='font-family:Times New Roman;font-size:10pt;' >ecl</font><font style='font-family:Times New Roman;font-size:10pt;' >ared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >National Public Finance Guarantee Holdings, Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > declared and paid </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >dividend of $</font><font style='font-family:Times New Roman;font-size:10pt;' >214</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Services Corporation, formerly </font><font style='font-family:Times New Roman;font-size:10pt;' >Optinuity</font><font style='font-family:Times New Roman;font-size:10pt;' > Alliance Resources Corporation</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > declared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >CapMAC Holdings Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > declared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Services Corporation</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >declared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >53</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Asset Finance, LLC</font><font style='font-family:Times New Roman;font-size:10pt;' > declared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > and Euro Asset Acquisition Limited declared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million to MBIA Inc. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >4. Obligations </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >under Investment Agreements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The investment agreement business, as described in footnotes 2 and 1</font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' > to the Company&#8217;s consolidated financial statements, is conducted by both MBIA Inc. and its wholly owned subsidiary, MBIA Investment Management Corp.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >5. Pledge</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >d Collateral</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Substantially all of the obligations under investment agreements require MBIA Inc. to pledge securities as collateral. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value of securities pledged as collateral with respect to these investment </font><font style='font-family:Times New Roman;font-size:10pt;' >agreements approximated </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >27</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >270</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. The Parent Company&#8217;s collateral as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, consisted principally of mortgage-backed securities, corporate obligations, and U.S. Treasury and government agency bonds, and </font><font style='font-family:Times New Roman;font-size:10pt;' >was primarily held with major U.S. banks. Additionally, the Parent Company pledged money market securities as collateral under investment agreements in the amount of $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >22</font><font style='font-family:Times New Roman;font-size:10pt;' > million as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under de</font><font style='font-family:Times New Roman;font-size:10pt;' >rivative contracts entered into by MBIA Inc., collateral postings are required by either MBIA Inc. or the counterparty when the aggregate market value of derivative contracts entered into with the same counterparty exceeds a predefined threshold. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc. pledged securities with a fair value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >199</font><font style='font-family:Times New Roman;font-size:10pt;' > million to derivative counterparties</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >pledged securities with a fair value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' > million to derivative counterparties</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >6. Affiliate Loans </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Payable</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Affiliate loans payable consists of loans payable to MBIA Global Funding, LLC (&#8220;GFL&#8221;). GFL raise</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > funds through the issuance of medium-term notes with varying maturities, which </font><font style='font-family:Times New Roman;font-size:10pt;' >were</font><font style='font-family:Times New Roman;font-size:10pt;' >, in turn, guaranteed by MBIA Corp. GFL len</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > the proceeds of these </font><font style='font-family:Times New Roman;font-size:10pt;' >medium-term note issuances to MBIA Inc.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 06<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 3<br><br> -Subparagraph (SX 210.12-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=d3e5283-111683<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 12<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph c<br><br> -Article 5<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 05<br><br> -Paragraph c<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R79.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E5GAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Investments (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014

</div>
          <div>security</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013

</div>
          <div>security</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities', window );">Fair value of securities on deposit with various regulatory authorities</a></td>
        <td class="nump"><a title="mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" onclick="toggleNextSibling(this);">$ 10</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" onclick="toggleNextSibling(this);">$ 10</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue', window );">Fair value of securities pledged as collateral</a></td>
        <td class="nump"><a title="us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" onclick="toggleNextSibling(this);">532</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" onclick="toggleNextSibling(this);">735</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements', window );">Cash and money market securities pledged as collateral under investment agreements</a></td>
        <td class="nump"><a title="mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" onclick="toggleNextSibling(this);">$ 26</a><span style="display:none;white-space:normal;text-align:left;">mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements</span><span></span></td>
        <td class="nump"><a title="mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" onclick="toggleNextSibling(this);">$ 22</a><span style="display:none;white-space:normal;text-align:left;">mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition', window );">Weighted average contractual maturity period in years for securities in an unrealized loss position</a></td>
        <td class="text">13 years<span></span></td>
        <td class="text">18 years<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod', window );">Number of securities in unrealized loss position for a continuous 12 month period</a></td>
        <td class="nump"><a title="mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" onclick="toggleNextSibling(this);">143</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod</span><span></span></td>
        <td class="nump"><a title="mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" onclick="toggleNextSibling(this);">77</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfSecuritiesBookValueExceededMarketValue', window );">Rate that a security's fair value is below book value</a></td>
        <td class="nump"><a title="mbi_PercentageOfSecuritiesBookValueExceededMarketValue" onclick="toggleNextSibling(this);">5.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfSecuritiesBookValueExceededMarketValue</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember', window );">Fair Value Below Book Value Greater Than Five Percent [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod', window );">Number of securities in unrealized loss position for a continuous 12 month period</a></td>
        <td class="nump"><a title="mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="nump"><a title="mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash And Money Market Securities Collateral for Investment Agreements</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Of Securities On Deposit With Various Regulatory Authorities</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure regarding factors used to determine that the impairment of securities not categorized as trading securities (hence equal to available for sale and held to maturity securities) where cost exceeds fair value. This item contains disclosure of the number of investment positions in the investments determined to be temporarily impaired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfSecuritiesBookValueExceededMarketValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage that a security's fair value is below its book value on available-for-sale and held-to-maturity securities. This percentage is used as a severity threshold for disclosing information about securities in an unrealized loss position for a continuous 12 month period or longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfSecuritiesBookValueExceededMarketValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the weighted average contractual maturity period in years for securities in an unrealized loss position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of financial instrument held by the entity for its own account (proprietary securities) for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 860<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (b)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7523297&amp;loc=SL6224234-111729<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 860<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6467456&amp;loc=d3e113888-111728<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R118.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EXBAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Earnings Per Share (Narrative) (Detail)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AntidilutiveSharesAbstract', window );"><strong>Antidilutive Shares [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount', window );">Antidilutive stock options, restricted stock and warrants outstanding</a></td>
        <td class="nump"><a title="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" onclick="toggleNextSibling(this);">31,907,852</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount</span><span></span></td>
        <td class="nump"><a title="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" onclick="toggleNextSibling(this);">43,210,917</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount</span><span></span></td>
        <td class="nump"><a title="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" onclick="toggleNextSibling(this);">33,743,884</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AntidilutiveSharesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AntidilutiveSharesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Antidilution<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6505113<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Diluted Earnings Per Share<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510752<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Contingent Stock Agreement<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6508534<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R127.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EZ1AG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule II (Condensed Statements Of Operations) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedIncomeStatementsCaptionsLineItems', window );"><strong>Condensed Income Statements, Captions [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Investment losses related to other-than-temporary impairments:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(105)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
        <td class="nump"><a title="us-gaap_Revenues" onclick="toggleNextSibling(this);">1,270</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues</span><span></span></td>
        <td class="nump"><a title="us-gaap_Revenues" onclick="toggleNextSibling(this);">1,209</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues</span><span></span></td>
        <td class="nump"><a title="us-gaap_Revenues" onclick="toggleNextSibling(this);">2,435</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">210</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">236</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">364</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedIncomeStatementsCaptionsLineItems', window );"><strong>Condensed Income Statements, Captions [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(119)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Investment losses related to other-than-temporary impairments:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities', window );">Investment losses related to other-than-temporary impairments</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(52)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities', window );">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(59)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
        <td class="nump"><a title="us-gaap_Revenues[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">70</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_Revenues[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">104</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_Revenues[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(114)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">104</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">105</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">155</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsAndExpenses', window );">Total expenses</a></td>
        <td class="nump"><a title="us-gaap_CostsAndExpenses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">129</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CostsAndExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CostsAndExpenses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">174</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CostsAndExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CostsAndExpenses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">195</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CostsAndExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries', window );">Gain (loss) before income taxes and equity in earnings of subsidiaries</a></td>
        <td class="num"><a title="mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(59)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(70)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(309)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(165)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(781)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries', window );">Gain (loss) before equity in earnings of subsidiaries</a></td>
        <td class="nump"><a title="mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">106</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">132</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">472</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromSubsidiariesNetOfTax', window );">Equity in net income (loss) of subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromSubsidiariesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">463</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromSubsidiariesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromSubsidiariesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">118</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromSubsidiariesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromSubsidiariesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">762</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromSubsidiariesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of income (loss) before equity in the earnings of subsidiaries</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of income (loss) before income taxes and equity in the earnings of subsidiaries</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CondensedIncomeStatementsCaptionsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CondensedIncomeStatementsCaptionsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostsAndExpenses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total costs of sales and operating expenses for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CostsAndExpenses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12317-112629<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12355-112629<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromSubsidiariesNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of income (loss) of subsidiary attributable to the parent entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeLossFromSubsidiariesNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the cost of borrowed funds accounted for as interest expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.9)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 9<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetInvestmentIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 16<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 2<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetInvestmentIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 4<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount by which the fair value of an investment in debt and equity securities categorized as Available-for-sale is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27161-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of other than temporary impairment (OTTI) on investment in available-for-sale debt security, recognized in other comprehensive loss.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 35<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=d3e25362-111560<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=SL6284393-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Revenues</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>33
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	word-wrap: break-word;
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R73.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EYNNM">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring" onclick="toggleNextSibling(this);">$ 10,613</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring" onclick="toggleNextSibling(this);">$ 10,786</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring" onclick="toggleNextSibling(this);">3,463</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring" onclick="toggleNextSibling(this);">3,781</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member] | Residential Loans Receivable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPrimeFinancingReceivableMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_ResidentialPrimeFinancingReceivableMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPrimeFinancingReceivableMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_ResidentialPrimeFinancingReceivableMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member] | Loan Repurchase Commitments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">379</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CorporateObligationMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">89</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember', window );">Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">259</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">86</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">105</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember', window );">Other Asset Backed [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">61</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">98</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember', window );">Money Market Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">428</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">783</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember', window );">Money Market Securities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,047</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,356</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">51</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember', window );">Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember]" onclick="toggleNextSibling(this);">729</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember]" onclick="toggleNextSibling(this);">1,161</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6,345</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">5,996</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">691</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">553</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | State and municipal bonds [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,732</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,784</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Foreign Government Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">290</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">189</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">2,058</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,824</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Agency [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,162</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,173</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">93</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">154</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Other Asset Backed [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">241</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">188</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember', window );">Derivative Assets [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeAssetsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeAssetsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember', window );">Assets Held For Sale [Member] | Loans Receivable At Fair Value [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_LoansreceivableatfairvalueMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">711</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_LoansreceivableatfairvalueMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember', window );">Assets Held For Sale [Member] | Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_EquitySecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_EquitySecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember', window );">Assets Held For Sale [Member] | Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">97</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Credit Derivatives [Member] | Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember;invest_InvestmentAxis=mbi_CreditDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">246</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_InsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember;invest_InvestmentAxis=mbi_CreditDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">1,152</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_InsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">167</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Currency Derivatives [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Other Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_OtherDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember', window );">Other Liabilities [Member] | Warrant [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_WarrantMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_WarrantMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_OtherLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=us-gaap_WarrantMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= us-gaap_WarrantMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_OtherLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember', window );">Liabilities Held For Sale [Member] | Variable Interest Entity Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember]" onclick="toggleNextSibling(this);">431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_LiabilitiesheldforsaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember', window );">Liabilities Held For Sale [Member] | Payable For Loans Purchased [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[invest_InvestmentAxis=mbi_PayableforloanspurchasedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember]" onclick="toggleNextSibling(this);">323</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ invest_InvestmentAxis<br>= mbi_PayableforloanspurchasedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_LiabilitiesheldforsaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">2,087</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">2,713</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Money Market Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">428</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">783</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Money Market Securities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">27</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember]" onclick="toggleNextSibling(this);">729</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember]" onclick="toggleNextSibling(this);">1,161</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">794</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">509</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">573</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">397</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Fixed Maturities [Member] | Foreign Government Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">221</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">112</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Assets Held For Sale [Member] | Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_EquitySecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_EquitySecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Assets Held For Sale [Member] | Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Assets Of Consolidated V I Es [Member] | Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member;invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">97</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member<br>/ invest_InvestmentAxis<br>= us-gaap_CashAndCashEquivalentsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">6,510</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">5,763</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">2,344</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">1,645</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">41</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">194</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">255</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">86</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">102</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Other Asset Backed [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">35</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,312</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,416</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">5,353</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">5,248</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">118</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">156</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | State and municipal bonds [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,724</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,765</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Foreign Government Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">63</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">2,048</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,776</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Residential Mortgage Backed Agency [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,162</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,173</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">86</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Other Asset Backed [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">156</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">130</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Derivative Assets [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember]" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeAssetsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeAssetsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Assets Held For Sale [Member] | Loans Receivable At Fair Value [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_LoansreceivableatfairvalueMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">711</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_LoansreceivableatfairvalueMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Derivative Liabilities [Member] | Credit Derivatives [Member] | Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember;invest_InvestmentAxis=mbi_CreditDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_InsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember;invest_InvestmentAxis=mbi_CreditDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_InsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Derivative Liabilities [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">248</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">165</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Other Liabilities [Member] | Warrant [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_WarrantMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_WarrantMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_OtherLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=us-gaap_WarrantMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= us-gaap_WarrantMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_OtherLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Liabilities Held For Sale [Member] | Variable Interest Entity Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember]" onclick="toggleNextSibling(this);">431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_LiabilitiesheldforsaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Liabilities Held For Sale [Member] | Payable For Loans Purchased [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;invest_InvestmentAxis=mbi_PayableforloanspurchasedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember]" onclick="toggleNextSibling(this);">323</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ invest_InvestmentAxis<br>= mbi_PayableforloanspurchasedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_LiabilitiesheldforsaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">2,097</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">2,352</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">1,200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">2,301</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member] | Residential Loans Receivable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPrimeFinancingReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_ResidentialPrimeFinancingReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPrimeFinancingReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_ResidentialPrimeFinancingReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member] | Loan Repurchase Commitments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">379</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Other Asset Backed [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Medium Term Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">735</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">198</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">239</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | State and municipal bonds [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Foreign Government Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">87</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">82</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Other Asset Backed [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">85</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">58</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Derivative Liabilities [Member] | Credit Derivatives [Member] | Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember;invest_InvestmentAxis=mbi_CreditDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_InsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember;invest_InvestmentAxis=mbi_CreditDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">1,147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_InsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Derivative Liabilities [Member] | Currency Derivatives [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Derivative Liabilities [Member] | Other Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_OtherDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember', window );">Counterparty And Cash Collateral Netting [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="num"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember]" onclick="toggleNextSibling(this);">(81)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember]" onclick="toggleNextSibling(this);">(42)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="num"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember]" onclick="toggleNextSibling(this);">(81)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember]" onclick="toggleNextSibling(this);">(165)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember', window );">Counterparty And Cash Collateral Netting [Member] | Derivative Assets [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
        <td class="num"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember]" onclick="toggleNextSibling(this);">(81)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeAssetsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_AssetsFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember]" onclick="toggleNextSibling(this);">(42)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeAssetsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember', window );">Counterparty And Cash Collateral Netting [Member] | Derivative Liabilities [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
        <td class="num"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">$ (81)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_LiabilitiesFairValueDisclosureRecurring[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember;us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember;invest_InvestmentAxis=mbi_InterestRateDerivativesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">$ (165)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureRecurring<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_NettingAndCollateralMember<br>/ us-gaap_FairValueByLiabilityClassAxis<br>= mbi_NonInsuredDerivativesMember<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsFairValueDisclosureRecurring">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AssetsFairValueDisclosureRecurring</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesFairValueDisclosureRecurring">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesFairValueDisclosureRecurring</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CorporateObligationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CorporateObligationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_MediumTermNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_NettingAndCollateralMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeAssetsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_DerivativeLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_LiabilitiesheldforsaleMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_AssetsHeldForSaleMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_OtherLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R89.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EONAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Derivative Instruments (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteeObligationsMaximumNetExposure', window );">Maximum amount of future guarantee payments</a></td>
        <td class="nump"><a title="mbi_GuaranteeObligationsMaximumNetExposure" onclick="toggleNextSibling(this);">$ 9,700,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteeObligationsMaximumNetExposure</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativesCededUnderReinsuranceAgreements', window );">Insured derivatives ceded under reinsurance agreements</a></td>
        <td class="nump"><a title="mbi_DerivativesCededUnderReinsuranceAgreements" onclick="toggleNextSibling(this);">13,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativesCededUnderReinsuranceAgreements</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimCash', window );">Cash collateral posted to derivative counterparties</a></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash" onclick="toggleNextSibling(this);">12,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash" onclick="toggleNextSibling(this);">160,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimSecurities', window );">Securities posted as collateral to derivative counterparties</a></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimSecurities" onclick="toggleNextSibling(this);">198,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimSecurities" onclick="toggleNextSibling(this);">42,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfCreditSupportAnnexes', window );">Number of credit support annexes</a></td>
        <td class="nump"><a title="mbi_NumberOfCreditSupportAnnexes" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfCreditSupportAnnexes</span><span></span></td>
        <td class="nump"><a title="mbi_NumberOfCreditSupportAnnexes" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfCreditSupportAnnexes</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfCreditSupportAnnexes', window );">Fair value of Credit Support Annex</a></td>
        <td class="nump"><a title="mbi_FairValueOfCreditSupportAnnexes" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfCreditSupportAnnexes</span><span></span></td>
        <td class="nump"><a title="mbi_FairValueOfCreditSupportAnnexes" onclick="toggleNextSibling(this);">4,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfCreditSupportAnnexes</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetCounterpartyNettingAmountFairValue', window );">Amount of counterparty netting</a></td>
        <td class="nump"><a title="mbi_DerivativeAssetCounterpartyNettingAmountFairValue" onclick="toggleNextSibling(this);">81,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetCounterpartyNettingAmountFairValue</span><span></span></td>
        <td class="nump"><a title="mbi_DerivativeAssetCounterpartyNettingAmountFairValue" onclick="toggleNextSibling(this);">42,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetCounterpartyNettingAmountFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting', window );">Derivative assets, after counterparty netting</a></td>
        <td class="nump"><a title="mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting</span><span></span></td>
        <td class="nump"><a title="mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" onclick="toggleNextSibling(this);">13,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass', window );">Other assets and other assets of consolidated VIEs, after counterparty netting and embedded reclass</a></td>
        <td class="nump"><a title="mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass</span><span></span></td>
        <td class="nump"><a title="mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" onclick="toggleNextSibling(this);">4,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilityCounterpartyNetting', window );">Counterparty netting</a></td>
        <td class="nump"><a title="mbi_DerivativeLiabilityCounterpartyNetting" onclick="toggleNextSibling(this);">81,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilityCounterpartyNetting</span><span></span></td>
        <td class="nump"><a title="mbi_DerivativeLiabilityCounterpartyNetting" onclick="toggleNextSibling(this);">42,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilityCounterpartyNetting</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting', window );">Derivative liabilities, after counterparty netting and posting of cash collateral</a></td>
        <td class="nump"><a title="mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" onclick="toggleNextSibling(this);">456,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting</span><span></span></td>
        <td class="nump"><a title="mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" onclick="toggleNextSibling(this);">1,200,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass', window );">Derivative liabilities and derivative liabilities of consolidated VIEs, after counterparty netting and embedded reclass</a></td>
        <td class="nump"><a title="mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" onclick="toggleNextSibling(this);">437,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimCash', window );">Cash collateral posted to derivative counterparties</a></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">123,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember', window );">Other Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimCash', window );">Cash collateral posted to derivative counterparties</a></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash[us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember]" onclick="toggleNextSibling(this);">12,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_OtherLiabilitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash[us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember]" onclick="toggleNextSibling(this);">16,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_OtherLiabilitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember', window );">Other Assets [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimCash', window );">Cash collateral posted to derivative counterparties</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimCash[us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember]" onclick="toggleNextSibling(this);">21,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimCash<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_OtherAssetsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember', window );">Medium Term Notes And Other Investments [Member] | Embedded [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeFairValueOfDerivativeAsset', window );">Embedded derivative assets</a></td>
        <td class="nump"><a title="us-gaap_DerivativeFairValueOfDerivativeAsset[us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_EmbeddedMember]" onclick="toggleNextSibling(this);">8,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeFairValueOfDerivativeAsset<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_MediumTermNotesAndOtherInvestmentsMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_EmbeddedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeFairValueOfDerivativeAsset[us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_EmbeddedMember]" onclick="toggleNextSibling(this);">9,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeFairValueOfDerivativeAsset<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_MediumTermNotesAndOtherInvestmentsMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_EmbeddedMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeFairValueOfDerivativeLiability', window );">Total derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeFairValueOfDerivativeLiability[us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_EmbeddedMember]" onclick="toggleNextSibling(this);">$ 19,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeFairValueOfDerivativeLiability<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_MediumTermNotesAndOtherInvestmentsMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_EmbeddedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeFairValueOfDerivativeLiability[us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_EmbeddedMember]" onclick="toggleNextSibling(this);">$ 19,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeFairValueOfDerivativeLiability<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_MediumTermNotesAndOtherInvestmentsMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_EmbeddedMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeAssetCounterpartyNettingAmountFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivative Asset Counterparty Netting Amount Fair Value</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativeAssetCounterpartyNettingAmountFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeLiabilityCounterpartyNetting">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivative Liability Counterparty Netting</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativeLiabilityCounterpartyNetting</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativesCededUnderReinsuranceAgreements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivatives Ceded Under Reinsurance Agreements</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativesCededUnderReinsuranceAgreements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOfCreditSupportAnnexes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOfCreditSupportAnnexes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GuaranteeObligationsMaximumNetExposure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees after (net of) reduction for potential recoveries under recourse or collateralization provisions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_GuaranteeObligationsMaximumNetExposure</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfCreditSupportAnnexes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfCreditSupportAnnexes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:positiveIntegerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivative Fair Value Of Derivative Assets Reported In Derivative Assets And Derivative Assets VIEs Net Of Counterparty Netting And Embedded Reclasses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Derivative Fair Value Of Derivative Liabilities Reported In Derivative Liabilities And Derivative Liavilities VIEs Net Of Counterparty Netting And Embedded Reclasses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeCollateralRightToReclaimCash">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of right to receive cash collateral under master netting arrangements that have not been offset against derivative liabilities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226016-175313<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (d)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41678-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeCollateralRightToReclaimCash</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeCollateralRightToReclaimSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of right to receive securities collateral under master netting arrangements that have not been offset against derivative liabilities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226016-175313<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (d)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeCollateralRightToReclaimSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeFairValueOfDerivativeAsset">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226000-175313<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4B<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624163-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeFairValueOfDerivativeAsset</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeFairValueOfDerivativeLiability">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226000-175313<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4B<br><br> -Subparagraph (a),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624163-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeFairValueOfDerivativeLiability</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_MediumTermNotesAndOtherInvestmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R57.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EFLAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsAbstract', window );"><strong>Insurance Premiums [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums Receivable, Beginning balance</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,051</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,228</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived', window );">Premium Payments Received</a></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived" onclick="toggleNextSibling(this);">(120)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived" onclick="toggleNextSibling(this);">(135)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten', window );">Premiums from New Business Written</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract', window );">Adjustments, Changes in Expected Term of Policies</a></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract" onclick="toggleNextSibling(this);">(50)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract" onclick="toggleNextSibling(this);">(45)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable', window );">Adjustments, Accretion of Premiums Receivable Discount</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments', window );">Adjustments, Other</a></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments" onclick="toggleNextSibling(this);">(38)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments" onclick="toggleNextSibling(this);">(25)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums Receivable, Ending balance</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 875</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,051</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
      </tr>
      <tr>
        <td colspan="4"></td>
      </tr>
      <tr>
        <td colspan="4">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsurancePremiumsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of new business written on financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium payments received during the period for premiums receivable on financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the accretion of the discount for premiums receivable on financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)(4)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents adjustments to the premium receivable related to financial guarantee insurance contracts due to changes in the period of the contract.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)(4)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents other adjustments to premiums receivable on financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)(4)(iv)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.(a),5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R109.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EGLBK">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services Affiliated Companies) (Detail) (USD $)<br>In Billions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce" onclick="toggleNextSibling(this);">$ 437.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce" onclick="toggleNextSibling(this);">$ 554.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_US', window );">U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">394.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">492.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">90.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">88.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember', window );">Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">43.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">61.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">9.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">11.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">400.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">491.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">91.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember]" onclick="toggleNextSibling(this);">88.70%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">361.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">445.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">82.60%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">80.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member] | Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">39.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">46.0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">8.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">8.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">37.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">62.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">8.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember]" onclick="toggleNextSibling(this);">11.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember', window );">General Obligation [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember]" onclick="toggleNextSibling(this);">122.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember]" onclick="toggleNextSibling(this);">153.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember]" onclick="toggleNextSibling(this);">28.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember]" onclick="toggleNextSibling(this);">27.70%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember', window );">General Obligation - Lease [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember]" onclick="toggleNextSibling(this);">27.9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationLeaseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember]" onclick="toggleNextSibling(this);">34.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationLeaseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember]" onclick="toggleNextSibling(this);">6.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationLeaseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember]" onclick="toggleNextSibling(this);">6.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_GeneralObligationLeaseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember', window );">Municipal Utilities [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember]" onclick="toggleNextSibling(this);">60.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember]" onclick="toggleNextSibling(this);">78.0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember]" onclick="toggleNextSibling(this);">13.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember]" onclick="toggleNextSibling(this);">14.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember', window );">Tax-Backed [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">53.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">66.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">12.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">11.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember', window );">Tax-Backed [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">0.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">0.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TaxBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember', window );">Transportation [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">38.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">46.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">8.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">8.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember', window );">Transportation [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">9.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">12.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">2.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember]" onclick="toggleNextSibling(this);">2.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_TransportationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember', window );">Higher Education [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember]" onclick="toggleNextSibling(this);">19.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HigherEducationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember]" onclick="toggleNextSibling(this);">24.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HigherEducationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember]" onclick="toggleNextSibling(this);">4.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HigherEducationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember]" onclick="toggleNextSibling(this);">4.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HigherEducationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember', window );">Health Care [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember]" onclick="toggleNextSibling(this);">8.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HealthCareMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember]" onclick="toggleNextSibling(this);">9.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HealthCareMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember]" onclick="toggleNextSibling(this);">1.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HealthCareMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember]" onclick="toggleNextSibling(this);">1.70%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_HealthCareMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember', window );">Military Housing [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember]" onclick="toggleNextSibling(this);">18.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MilitaryHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember]" onclick="toggleNextSibling(this);">19.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MilitaryHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember]" onclick="toggleNextSibling(this);">4.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MilitaryHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember]" onclick="toggleNextSibling(this);">3.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MilitaryHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember', window );">Investor-Owned Utilities [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember]" onclick="toggleNextSibling(this);">6.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InvestorOwnedUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember]" onclick="toggleNextSibling(this);">7.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InvestorOwnedUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember]" onclick="toggleNextSibling(this);">1.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InvestorOwnedUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember]" onclick="toggleNextSibling(this);">1.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InvestorOwnedUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember', window );">Municipal Housing [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember]" onclick="toggleNextSibling(this);">3.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember]" onclick="toggleNextSibling(this);">4.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember]" onclick="toggleNextSibling(this);">0.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember]" onclick="toggleNextSibling(this);">0.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_MunicipalHousingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember', window );">Other Public Finance [Member] | Global Public Finance [Member] | U S [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember]" onclick="toggleNextSibling(this);">2.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_OtherPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember]" onclick="toggleNextSibling(this);">3.0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_OtherPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember]" onclick="toggleNextSibling(this);">0.60%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_OtherPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=country_US;us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember]" onclick="toggleNextSibling(this);">0.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= country_US<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_OtherPublicFinanceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember', window );">International Utilities [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember]" onclick="toggleNextSibling(this);">13.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InternationalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember]" onclick="toggleNextSibling(this);">15.9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InternationalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember]" onclick="toggleNextSibling(this);">3.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InternationalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember]" onclick="toggleNextSibling(this);">2.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_InternationalUtilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember', window );">Sovereign Related And Sub-Sovereign [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember]" onclick="toggleNextSibling(this);">15.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_SovereignRelatedAndSubSovereignMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember]" onclick="toggleNextSibling(this);">17.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_SovereignRelatedAndSubSovereignMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember]" onclick="toggleNextSibling(this);">3.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_SovereignRelatedAndSubSovereignMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember]" onclick="toggleNextSibling(this);">3.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_SovereignRelatedAndSubSovereignMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember', window );">Local Governments [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember]" onclick="toggleNextSibling(this);">0.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_LocalGovernmentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember]" onclick="toggleNextSibling(this);">0.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_LocalGovernmentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember]" onclick="toggleNextSibling(this);">0.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_LocalGovernmentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember;us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember;us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember]" onclick="toggleNextSibling(this);">0.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalPublicFinanceMember<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_LocalGovernmentsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member] | Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">14.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">31.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">3.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">5.70%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember', window );">Residential Mortgage Backed Securities [Member] | Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">9.9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">12.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">2.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">2.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_ResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member] | Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember', window );">Consumer Asset Backed [Member] | Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">1.9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">2.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">0.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember]" onclick="toggleNextSibling(this);">0.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_ConsumerAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember', window );">Corporate Asset Backed [Member] | Global Structured Finance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">$ 9.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">$ 14.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">2.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember;us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember]" onclick="toggleNextSibling(this);">2.60%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GlobalStructuredFinanceMember<br>/ us-gaap_UnderlyingAssetClassAxis<br>= mbi_CorporateAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes investor owned utilities, industrial development and pollution control revenue bonds.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes certain non-profit enterprises, stadium related financing and student loans.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[3]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[4]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes municipal owned entities backed by sponsoring local government.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[5]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO structuring characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[6]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes $5.3 billion and $5.5 billion of structured insurance securitizations as of December 31, 2014 and 2013, respectively.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ParticipatingPoliciesAmountInForce">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount as of the balance sheet date of the participating business in force.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6483535&amp;loc=d3e16392-158451<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ParticipatingPoliciesAmountInForce</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This percent places participating policies in the numerator and insurance contracts in force in the denominator. Participating insurance contracts allow policyholders to share in the experience of the entity, primarily through policy dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.14(b)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6483535&amp;loc=d3e16392-158451<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 14<br><br> -Subparagraph b<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_US">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_US</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_LocalGovernmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R76.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E1TAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">$ 903</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">$ 1,777</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">$ 1,870</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(105)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Total Gains Losses Included In Earnings [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">903</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">1,778</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">1,869</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives', window );">Realized gains and other settlements on insured derivatives</a></td>
        <td class="num"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(445)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="num"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(1,548)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="num"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(407)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(37)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(68)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings', window );">Total revenues</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">444</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">353</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">1,031</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Change In Unrealized Gains Losses For Period Included In Earnings For Assets And Liabilities Still Held [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="num"><a title="us-gaap_UnrealizedGainLossOnDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(87)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">927</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings', window );">Total revenues</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">52</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">161</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="nump"><a title="us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">650</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member] | Total Gains Losses Included In Earnings [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">160</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(376)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_TotalGainsLossesIncludedInEarningsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member] | Change In Unrealized Gains Losses For Period Included In Earnings For Assets And Liabilities Still Held [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 20</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 260</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ (271)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ mbi_FairValueByConsolidatedStatementsOfOperationsAxis<br>= mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Realized gains and losses and recognized premiums and fees related to insurance policies on derivatives included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of realized and unrealized gain (loss) included in earnings, which have arisen from the use of significant unobservable inputs (level 3) to measure fair value of assets, liabilities, and financial instruments classified in shareholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=SL6284393-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrealizedGainLossOnDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrealizedGainLossOnDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>39
<FILENAME>R86.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E3WBI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">$ 2,071</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">$ 3,457</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" onclick="toggleNextSibling(this);">(147)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" onclick="toggleNextSibling(this);">(229)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember', window );">Wrapped Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember]" onclick="toggleNextSibling(this);">147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember]" onclick="toggleNextSibling(this);">(37)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">195</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(33)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Wrapped Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">121</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(33)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">113</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Wrapped Securities [Member] | Other Insurers [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">442</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(11)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Wrapped Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Wrapped Securities [Member] | Other Insurers [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">719</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">(92)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember', window );">All Other Securities [Member] | Wrapped Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember', window );">All Other Securities [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpAndNationalMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember', window );">All Other Securities [Member] | Wrapped Securities [Member] | Other Insurers [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor[us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember;dei_LegalEntityAxis=mbi_OtherInsurersMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor<br>/ us-gaap_FinancialInstrumentAxis<br>= mbi_WrappedSecuritiesMember<br>/ dei_LegalEntityAxis<br>= mbi_OtherInsurersMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AllOtherSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="4"></td>
      </tr>
      <tr>
        <td colspan="4">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes investments insured by MBIA Corp. and National.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events by financial guarantor that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>40
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EEQAG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total Held-To-Maturity, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">$ 2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">$ 2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total Held-To-Maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis', window );">Due in one year or less</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">806</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis', window );">Due after one year through five years</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,388</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis', window );">Due after five years through ten years</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">889</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis', window );">Due after ten years</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,459</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost', window );">Mortgage-Backed and Asset-Backed</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,533</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost', window );">Total Available-For-Sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6,075</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue', window );">Due in one year or less</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">806</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue', window );">Due after one year through five years</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,412</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue', window );">Due after five years through ten years</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">914</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue', window );">Due after ten years</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,491</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue', window );">Mortgage-Backed and Asset-Backed</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,513</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Total Available-For-Sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesDebtSecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6,136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesDebtSecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount', window );">Due in one year or less</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount', window );">Due after one year through five years</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount', window );">Due after five years through ten years</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount', window );">Due after ten years</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount', window );">Mortgage-Backed and Asset-Backed</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total Held-To-Maturity, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue', window );">Due in one year or less</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue', window );">Due after one year through five years</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue', window );">Due after five years through ten years</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue', window );">Due after ten years</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue', window );">Mortgage-Backed and Asset-Backed</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total Held-To-Maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at cost, net of adjustments, which include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less any cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27161-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at cost, net of adjustments, maturing in the next rolling twelve months following the latest balance sheet presented. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at fair value maturing in the next rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at cost, net of adjustments, maturing after the tenth rolling twelve months following the latest balance sheet presented. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less any cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at fair value maturing after the tenth rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at cost, net of adjustments, maturing in the sixth rolling twelve months through the tenth rolling twelve months following the latest balance sheet presented. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less any cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at fair value maturing in the sixth rolling twelve months through the tenth rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at cost, net of adjustments, maturing in the second rolling twelve months through the fifth rolling twelve months following the latest balance sheet presented. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less any cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at fair value maturing in the second rolling twelve months through the fifth rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at cost, net of adjustments, that do not have a single maturity date and which the entity has decided to disclose separately rather than allocating the cost over several maturity groupings. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less any cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27198-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of available-for-sale debt securities at fair value that do not have a single maturity date and which the entity has decided to disclose separately rather than allocating the fair value over several maturity groupings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27198-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27161-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of debt securities categorized neither as held-to-maturity nor trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27161-111563<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)-(g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62557-112803<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing in the fifth through tenth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing in the next fiscal year through the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing after the tenth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of held-to-maturity debt securities at fair value maturing in the next rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of held-to-maturity debt securities at fair value maturing after the tenth rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of held-to-maturity debt securities at fair value maturing in the sixth rolling twelve months through the tenth rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of held-to-maturity debt securities at fair value maturing in the second rolling twelve months through the fifth rolling twelve months following the latest balance sheet presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing in the next fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 320<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of held-to-maturity debt securities at fair value that do not have a single maturity date and which the entity has decided to disclose separately rather than allocating the fair value over several maturity groupings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, over several maturity groupings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (d),(f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>41
<FILENAME>R87.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EPDAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract', window );"><strong>Other than temporary impairment credit lossesfor available for sale securities rollforward [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld', window );">Beginning Balance</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" onclick="toggleNextSibling(this);">$ 175</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" onclick="toggleNextSibling(this);">$ 197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" onclick="toggleNextSibling(this);">$ 341</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment', window );">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Not Previous Impaired</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses', window );">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Previously Impaired</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod', window );">Additions For Credit Loss Impairments Recognized in Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period</a></td>
        <td class="nump"><a title="mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold', window );">Reductions For Credit Loss Impairments Previously Recognized On Securities Sold During The Period</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" onclick="toggleNextSibling(this);">(174)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" onclick="toggleNextSibling(this);">(16)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" onclick="toggleNextSibling(this);">(41)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus', window );">Reductions For Credit Loss Impairments Previously Recognized On Securities Impaired To Fair Value During The Period</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" onclick="toggleNextSibling(this);">(111)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows', window );">Reductions For Increases In Cash Flows Expected To Be Collected Over The Remaining Life Of The Security</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld', window );">Ending Balance</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" onclick="toggleNextSibling(this);">$ 16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" onclick="toggleNextSibling(this);">$ 175</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" onclick="toggleNextSibling(this);">$ 197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="7"></td>
      </tr>
      <tr>
        <td colspan="7">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be required to sell the security before recovery of the security's amortized cost.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Additions For Credit Loss Impairments Recognized in Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents an increase to the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held for which a previous OTTI was recognized and the investor does not intend to sell the debt security and it is not more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost basis.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents an increase to the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held for which no such other than temporary impairment (OTTI) was previously recognized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents reductions in the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held due to increases in cash flows expected to be collected and recognized over the remaining life of the security.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents reductions in the amount of cumulative losses recognized in earnings for other than temporary impairments (OTTI) for which a portion of the impairment had been recognized in other comprehensive income (a component of shareholders' equity) due to a change in status of the impaired security because of a change in the entity's intent to either sell the impaired security or it has become more likely than not that the entity will be required to sell the security before recovery of its cost basis.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents reductions in the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security because of the sale of impaired securities during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>42
<FILENAME>R77.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ETSBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">175</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member] | Loan Repurchase Commitments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">172</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_InvestmentsCarriedAtFairValueMember', window );">Investments Carried At Fair Value [Member] | Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_InvestmentsCarriedAtFairValueMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_InvestmentsCarriedAtFairValueMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_InvestmentsCarriedAtFairValueMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_InvestmentsCarriedAtFairValueMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_InvestmentsCarriedAtFairValueMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_InvestmentsCarriedAtFairValueMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember', window );">Fixed Maturity Securities Held At Fair Value - VIE [Member] | Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember]" onclick="toggleNextSibling(this);">(104)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember]" onclick="toggleNextSibling(this);">(74)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember]" onclick="toggleNextSibling(this);">(55)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember', window );">Residential Mortgage Loans [Member] | Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">(182)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">(107)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember]" onclick="toggleNextSibling(this);">(107)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_ResidentialMortgageLoansMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember', window );">Other Loans [Member] | Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_OtherLoansMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_OtherLoansMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember]" onclick="toggleNextSibling(this);">(56)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_OtherLoansMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member] | Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_VariableInterestEntityNotesMember]" onclick="toggleNextSibling(this);">$ 269</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_VariableInterestEntityNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_VariableInterestEntityNotesMember]" onclick="toggleNextSibling(this);">$ 155</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_VariableInterestEntityNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_VariableInterestEntityNotesMember]" onclick="toggleNextSibling(this);">$ 107</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_VariableInterestEntityNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr>
        <td colspan="7"></td>
      </tr>
      <tr>
        <td colspan="7">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Net gains (losses) of financial instruments at fair value and foreign exchange-VIE on MBIA's consolidated statements of operations.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within Net gains (losses) of financial instruments at fair value and foreign exchange on MBIA's consolidated statements of operations.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_InvestmentsCarriedAtFairValueMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_InvestmentsCarriedAtFairValueMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_OtherLoansMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_ResidentialMortgageLoansMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_VariableInterestEntityNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_VariableInterestEntityNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_MediumTermNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_MediumTermNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>43
<FILENAME>R71.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EPNAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel', window );">Percentage of insured credit derivatives, value under Direct Price Model and Dual-Default Model</a></td>
        <td class="nump"><a title="mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" onclick="toggleNextSibling(this);">7.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet', window );">Net insured derivative liability</a></td>
        <td class="nump"><a title="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" onclick="toggleNextSibling(this);">$ 244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" onclick="toggleNextSibling(this);">$ 1,200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability', window );">Impact of including the nonperformance risk in valuation of pre-tax net insured derivative liability</a></td>
        <td class="nump"><a title="mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability</span><span></span></td>
        <td class="nump"><a title="mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" onclick="toggleNextSibling(this);">394</a><span style="display:none;white-space:normal;text-align:left;">mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue', window );">Percentage of level 3 assets at fair value in total assets measured at fair value value</a></td>
        <td class="nump"><a title="mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" onclick="toggleNextSibling(this);">20.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue</span><span></span></td>
        <td class="nump"><a title="mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" onclick="toggleNextSibling(this);">22.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue', window );">Percentage of level 3 liabilities at fair value in total liabilities measured at fair value</a></td>
        <td class="nump"><a title="mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue</span><span></span></td>
        <td class="nump"><a title="mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" onclick="toggleNextSibling(this);">61.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransfersIntoLevelThree', window );">Transfers into Level 3</a></td>
        <td class="nump"><a title="mbi_TransfersIntoLevelThree" onclick="toggleNextSibling(this);">240</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersIntoLevelThree</span><span></span></td>
        <td class="nump"><a title="mbi_TransfersIntoLevelThree" onclick="toggleNextSibling(this);">403</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersIntoLevelThree</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransfersOutOfLevelThree', window );">Transfers out of Level 3</a></td>
        <td class="nump"><a title="mbi_TransfersOutOfLevelThree" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersOutOfLevelThree</span><span></span></td>
        <td class="nump"><a title="mbi_TransfersOutOfLevelThree" onclick="toggleNextSibling(this);">198</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersOutOfLevelThree</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransfersIntoLevelTwo', window );">Transfers into Level 2</a></td>
        <td class="nump"><a title="mbi_TransfersIntoLevelTwo" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersIntoLevelTwo</span><span></span></td>
        <td class="nump"><a title="mbi_TransfersIntoLevelTwo" onclick="toggleNextSibling(this);">198</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersIntoLevelTwo</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransfersOutOfLevelTwo', window );">Transfers out of Level 2</a></td>
        <td class="nump"><a title="mbi_TransfersOutOfLevelTwo" onclick="toggleNextSibling(this);">240</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersOutOfLevelTwo</span><span></span></td>
        <td class="nump"><a title="mbi_TransfersOutOfLevelTwo" onclick="toggleNextSibling(this);">403</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersOutOfLevelTwo</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransfersIntoAndOutOfLevelOne', window );">Transfers into or out of Level 1</a></td>
        <td class="nump"><a title="mbi_TransfersIntoAndOutOfLevelOne" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersIntoAndOutOfLevelOne</span><span></span></td>
        <td class="nump"><a title="mbi_TransfersIntoAndOutOfLevelOne" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransfersIntoAndOutOfLevelOne</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis=mbi_BETValuationModelMember', window );">B E T Valuation Model [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel', window );">Percentage of insured credit derivatives, fair value using the BET model</a></td>
        <td class="nump"><a title="mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel[us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis=mbi_BETValuationModelMember]" onclick="toggleNextSibling(this);">93.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel<br>/ us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis<br>= mbi_BETValuationModelMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Approximate percentage of level 3 assets at fair value in total assets measured at fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Approximate percentage of level 3 liabilities at fair value in total liabilities measured at fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Impact Of Non Performance Risk On Insured Derivative Liability</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Insured Credit Derivatives Value Under Bet Model</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of insured credit derivatives value under direct price model and dual default model</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransfersIntoAndOutOfLevelOne">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Transfers of assets measured at fair value on a recurring basis into and out of level one during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TransfersIntoAndOutOfLevelOne</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransfersIntoLevelThree">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Transfers of assets measured at fair value on a recurring basis into level three during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TransfersIntoLevelThree</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransfersIntoLevelTwo">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Transfers of assets measured at fair value on a recurring basis into level two during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TransfersIntoLevelTwo</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransfersOutOfLevelThree">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Transfers of assets measured at fair value on a recurring basis out of level three during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TransfersOutOfLevelThree</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransfersOutOfLevelTwo">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Transfers of assets measured at fair value on a recurring basis out of level two during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TransfersOutOfLevelTwo</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41228-113958<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis=mbi_BETValuationModelMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis=mbi_BETValuationModelMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R25.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Long-term Incentive Plans<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Long-Term Incentive Plans [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock', window );">Long-Term Incentive Plans</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 16: Long-term Incentive Plans</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Plan Description</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company maintains the MBIA Inc. 2005 Omnibus Incentive Plan (the &#8220;Omnibus</font><font style='font-family:Times New Roman;font-size:10pt;' > Plan&#8221;). Under the Omnibus Plan a maximum of </font><font style='font-family:Times New Roman;font-size:10pt;' >10,000,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >shares of the Company&#8217;s common stock can be used for any type of award including</font><font style='font-family:Times New Roman;font-size:10pt;' > stock options, performance shares, performance units, restricted stock, restricted stock units and divide</font><font style='font-family:Times New Roman;font-size:10pt;' >nd equivalents. On May 1, 2012, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s shareholders approved an increase in the total number of shares of common stock reserved and available f</font><font style='font-family:Times New Roman;font-size:10pt;' >or issuance und</font><font style='font-family:Times New Roman;font-size:10pt;' >er the Omnibus Plan from 10,000,000 shares to </font><font style='font-family:Times New Roman;font-size:10pt;' >14,000,000</font><font style='font-family:Times New Roman;font-size:10pt;' >. A</font><font style='font-family:Times New Roman;font-size:10pt;' >ny shares issued under the Omnibus Plan in connection with stock options shall be counted against this limit as </font><font style='font-family:Times New Roman;font-size:10pt;' >one</font><font style='font-family:Times New Roman;font-size:10pt;' > share covered by such op</font><font style='font-family:Times New Roman;font-size:10pt;' >tion. For all awards other than stock options, any shares issued shall be counted against this limit as </font><font style='font-family:Times New Roman;font-size:10pt;' >1.28</font><font style='font-family:Times New Roman;font-size:10pt;' > shares for every share issued after the May 1, 2012 amendment and </font><font style='font-family:Times New Roman;font-size:10pt;' >two</font><font style='font-family:Times New Roman;font-size:10pt;' > shares for every share</font><font style='font-family:Times New Roman;font-size:10pt;' > issued prior to the May 1, 2012 amendment</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The stock option component of the Omnibus Plan enables key employees of the Company and its subsidiaries to acquire shares of common stock of the Company or to benefit from appreciation in the price of the common</font><font style='font-family:Times New Roman;font-size:10pt;' > stock of the Company. The stock option grants, which may be awarded every year, provide the right to purchase shares of common stock at the fair value of the stock on the date of the grant. Options granted will either be Incentive Stock Options (&#8220;ISOs&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > t</font><font style='font-family:Times New Roman;font-size:10pt;' >hat </font><font style='font-family:Times New Roman;font-size:10pt;' >qualify under Section&#160;422(a) of the Internal Revenue Code, or Non-Qualified Stock Options (&#8220;NQSOs&#8221;). ISOs and NQSOs are granted at a price not less than </font><font style='font-family:Times New Roman;font-size:10pt;' >100%</font><font style='font-family:Times New Roman;font-size:10pt;' > of the fair value, defined as the closing price on the grant date, of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >common stock. Options are exercisable as specified at the time of grant depending on the level of the recipient (generally </font><font style='font-family:Times New Roman;font-size:10pt;' >four</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' > years) and expire either </font><font style='font-family:Times New Roman;font-size:10pt;' >seven</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >ten</font><font style='font-family:Times New Roman;font-size:10pt;' > years </font><font style='font-family:Times New Roman;font-size:10pt;' >from the date of grant (or shorter if specified or following termination of employment).</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under the restricted stock component of the Omnibus Plan, certain employees are granted restricted shares of the Company&#8217;s common stock. These awards have a re</font><font style='font-family:Times New Roman;font-size:10pt;' >strictio</font><font style='font-family:Times New Roman;font-size:10pt;' >n period lasting </font><font style='font-family:Times New Roman;font-size:10pt;' >three</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' > years depending on the type of award, after which time the awards fully vest. During the vesting period, these shares may not be sold. Restricted stock may be granted to all </font><font style='font-family:Times New Roman;font-size:10pt;' >employees.&#160;</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Following the effective date of the Omnibus Plan, no new options or awards were granted under any of the prior plans authorized by the shareholders and all shares authorized but unissued were canceled. All stock awards granted under the prior p</font><font style='font-family:Times New Roman;font-size:10pt;' >lans and subsequently canceled or expired after the effective date of the Omnibus Plan, become available for grant under the Omnibus Plan</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >There were </font><font style='font-family:Times New Roman;font-size:10pt;' >6,056,168</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >shares available for future grants under the Omnibus Plan as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n accordance with accounting guidance for share-based payments, the Company expenses the fair value of employee stock options and other forms of stock-based compensation. In addition, the guidance classifies share-based payment awards as either li</font><font style='font-family:Times New Roman;font-size:10pt;' >ability awards, which are remeasured at fair value at each balance sheet date, or equity awards, which are measured on the grant date and not subsequently remeasured. Generally, awards with cash-based settlement repurchase features or that are settled at a</font><font style='font-family:Times New Roman;font-size:10pt;' > fixed dollar amount are classified as liability awards, and changes in fair value will be reported in earnings. Awards with net-settlement features or that permit a cashless exercise with third-party brokers are classified as equity awards and changes in </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value are not reported in earnings. The Company&#8217;s long-term incentive plans include features which result in equity awards.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >In addition, the guidance requires the use of a forfeiture estimate. The Company uses historical employee termination informati</font><font style='font-family:Times New Roman;font-size:10pt;' >on to estimate the forfeiture rate applied to current stock-based awards.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company maintains voluntary retirement benefits</font><font style='font-family:Times New Roman;font-size:10pt;' >, which provide certain benefits to eligible employees of the Company upon retirement. A description of these benefits is included in the Company&#8217;s proxy statement.</font><font style='font-family:Times New Roman;font-size:10pt;' > One of the components of the retirement program for those employees that are retirement eligible i</font><font style='font-family:Times New Roman;font-size:10pt;' >s to continue to vest all </font><font style='font-family:Times New Roman;font-size:10pt;' >performance-based</font><font style='font-family:Times New Roman;font-size:10pt;' > stock options and restricted share awards beyond the retirement date in accordance with the original vesting terms and to immediately vest all outstanding </font><font style='font-family:Times New Roman;font-size:10pt;' >time-based stock options and </font><font style='font-family:Times New Roman;font-size:10pt;' >restricted share grants. The</font><font style='font-family:Times New Roman;font-size:10pt;' > accounting guidance for share-based payment requires compensation costs for those employees to be recognized from the date of grant through the retirement eligible date, unless there is a risk of forfeiture, in which case the compensation cost is recogniz</font><font style='font-family:Times New Roman;font-size:10pt;' >ed in accordance with the original </font><font style='font-family:Times New Roman;font-size:10pt;' >vesting schedule. Accelerated expense</font><font style='font-family:Times New Roman;font-size:10pt;' >, if any,</font><font style='font-family:Times New Roman;font-size:10pt;' > relating to this retirement benefit for both stock option awards and restricted stock awards has been included in the compensation expense amounts.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Restricted Stock</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair </font><font style='font-family:Times New Roman;font-size:10pt;' >value of the restricted shares awarded, determi</font><font style='font-family:Times New Roman;font-size:10pt;' >ned on the grant date, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >39</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million, and the fair value of the rest</font><font style='font-family:Times New Roman;font-size:10pt;' >ricted shares canceled were $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > mi</font><font style='font-family:Times New Roman;font-size:10pt;' >llion each </font><font style='font-family:Times New Roman;font-size:10pt;' >for </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. Restricted shares have been recorded as unearned compensation, which is a component of paid-in capital within shareholders&#8217; equity on the Company&#8217;s consolidated balance sheets and have been included in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Share-based compe</font><font style='font-family:Times New Roman;font-size:10pt;' >nsation</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > on the Company&#8217;s consolidated statements of changes in shareholders&#8217; equity. The amount of unearned compensation, net of </font><font style='font-family:Times New Roman;font-size:10pt;' >estimated forfeitures, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >35</font><font style='font-family:Times New Roman;font-size:10pt;' > million as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, which is expected to be recognized as exp</font><font style='font-family:Times New Roman;font-size:10pt;' >ense over a</font><font style='font-family:Times New Roman;font-size:10pt;' > weighted average period of </font><font style='font-family:Times New Roman;font-size:10pt;' >1.83</font><font style='font-family:Times New Roman;font-size:10pt;' > years. Unearned compensation is amortized to expense over the appropriate </font><font style='font-family:Times New Roman;font-size:10pt;' >three</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' >-year vesting period (except for a minor portion g</font><font style='font-family:Times New Roman;font-size:10pt;' >ranted to members of the MBIA Inc. Board of Directors which is amortized over a </font><font style='font-family:Times New Roman;font-size:10pt;' >ten</font><font style='font-family:Times New Roman;font-size:10pt;' >-year period).</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Compensation expense related to the restricted shares, net of </font><font style='font-family:Times New Roman;font-size:10pt;' >estimated forfeitures, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >18</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >11</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >11</font><font style='font-family:Times New Roman;font-size:10pt;' > million for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. The tax </font><font style='font-family:Times New Roman;font-size:10pt;' >benefit related to the restricted share awards during </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. </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;' >A summary of the Company&#8217;s restricted shares outstanding as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, and chang</font><font style='font-family:Times New Roman;font-size:10pt;' >es during the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > on those dates, is presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:381pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Restricted Share Activity</font></td></tr><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:33.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,832,115</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7.6438</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,320,110</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6.8017</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,881,782</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6.4134</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Granted</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,263,472</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.0284</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >449,931</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.0741</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,689,542</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.9299</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Vested</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(613,641)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.9661</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(969,396)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.8408</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(70,549)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.7909</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Forfeited</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(123,120)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.2942</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,968,530)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.6724</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(180,665)</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.2860</font></td></tr><tr style='height:15pt;' ><td style='width:0.75pt;text-align:left;border-color:Black;min-width:0.75pt;' ></td><td style='width:143.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,358,826</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 10.0047</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,832,115</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7.6438</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,320,110</font></td><td style='width:9.75pt;text-align:left;border-color:Black;min-width:9.75pt;' ></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6.8017</font></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;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;' >Stock Options</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;' >The Company determines the fair value for stock option awards at the date of grant and is estimated using the Black-Scholes option pricing model. This model was developed for use in estimating the fair value of traded options that have no </font><font style='font-family:Times New Roman;font-size:10pt;' >vesting restrictions, are fully transferable</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and contain both service and some performance conditions. In addition, option valuation models require the input of highly subjective assumptions including the expected stock pri</font><font style='font-family:Times New Roman;font-size:10pt;' >ce volatility.</font></p></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Employee stock option compensation expense, net of estimated forfeitures, for the year ended December 31, 2014 was immaterial. </font><font style='font-family:Times New Roman;font-size:10pt;' >Employee stock option compensation expense, net of estimated forfeitures, for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > totaled</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > there were </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' > stock option award</font><font style='font-family:Times New Roman;font-size:10pt;' >s granted.</font><font style='font-family:Times New Roman;font-size:10pt;' > During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >expensed </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax asset</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > of $</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > million, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >5</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;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, related to the </font><font style='font-family:Times New Roman;font-size:10pt;' >stock option awards </font><font style='font-family:Times New Roman;font-size:10pt;' >as a charge to paid-in capital. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, there was an immaterial a</font><font style='font-family:Times New Roman;font-size:10pt;' >mount of </font><font style='font-family:Times New Roman;font-size:10pt;' > total unrecognized compensation cost related to non-vested stock options.</font></p></div><div><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;' >A summary of the Company&#8217;s stock options outstanding as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, and changes during the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > on those dates, is presented in the following tables:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,715,406</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.6883</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,963,268</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.0485</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,425,073</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21.3330</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercised</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(400,000)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.0200</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Expired or forfeited</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(767,406)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61.5815</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,247,862)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.3382</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(461,805)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50.8330</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,548,000</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9888</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,715,406</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.6883</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,963,268</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.0485</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercisable at end of year</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,798,000</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.4660</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,752,311</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.5120</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,751,173</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45.0174</font></td></tr></table></div><div><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;' >The following table summarizes information about outstanding stock options as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Stock Options Outstanding</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='9' rowspan='1' style='width:220.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:220.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Stock Options Exercisable</font></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Aggregate</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Aggregate</font></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Remaining</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Intrinsic</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Remaining</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Intrinsic</font></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range of Average</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Exercise</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Exercise</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Exercise Price</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Life in Years</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(in millions)</font></td><td style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Life in Years</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(in millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$4.02 - $57.71</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,287,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.70</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3922</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,537,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.47</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.5591</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$58.84 - $70.86</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >260,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.55</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60.1333</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >260,500</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.55</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60.1333</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,548,000</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.58</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9888</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,798,000</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.34</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.4660</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td></tr><tr style='height:4.5pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Performance Based Awards</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During 2014 and 2012, the Company granted </font><font style='font-family:Times New Roman;font-size:10pt;' >three</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;' >two</font><font style='font-family:Times New Roman;font-size:10pt;' > million restricted shares, respectively, to certain key employees which have</font><font style='font-family:Times New Roman;font-size:10pt;' > a vesting schedule dependent on the achievement of certain stock price targets of the Company. The grants and corresponding compensation expense have been included in the above restricted stock disclosures. </font><font style='font-family:Times New Roman;font-size:10pt;' >As permitted by the accounting guidance for shar</font><font style='font-family:Times New Roman;font-size:10pt;' >e-based payment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company estimates the fair value of awards that contain market performance conditions at the date of grant using a binomial lattice model with a Monte Carlo simulation. The binomial lattice model can better incorporate assumptions abo</font><font style='font-family:Times New Roman;font-size:10pt;' >ut a stock price path because the model can accommodate a large number of potential stock prices over the award&#8217;s term in comparison to the Black-Scholes model.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During 2010, the Board of Managers of Cutwater established the Cutwater Asset Management Equity</font><font style='font-family:Times New Roman;font-size:10pt;' > Participation Plan (&#8220;the Plan&#8221;). The purpose of the Plan is to promote the interests of Cutwater and its equity security holders and is designed to provide compensation tied to the value of Cutwater by the grant of equity participation units. Each unit re</font><font style='font-family:Times New Roman;font-size:10pt;' >presents the contractual right to receive cash payments based on the value of Cutwater. These grants have a restriction period lasting </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' > years, after which time the awards fully vest providing the participant is continuously emplo</font><font style='font-family:Times New Roman;font-size:10pt;' >yed by Cutwater or one of its affiliates during that period. The maximum number of units available for grant under the Plan </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >350,000</font><font style='font-family:Times New Roman;font-size:10pt;' >. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' > new</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >units were granted and </font><font style='font-family:Times New Roman;font-size:10pt;' >38,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >units </font><font style='font-family:Times New Roman;font-size:10pt;' >were canceled. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >185,312</font><font style='font-family:Times New Roman;font-size:10pt;' > units vested with no value. </font><font style='font-family:Times New Roman;font-size:10pt;' >In accordance with the accounting guidance for awards that include a cash-based settlement feature, the Plan is classified as a liability award. Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e original value of the award was determined on the date of grant and remeasured at each balance sheet date. A liability is accrued over the vesting period of the Plan and reflects the present value of the award as of each balance sheet date. Any change is</font><font style='font-family:Times New Roman;font-size:10pt;' > reflected in earnings.</font><font style='font-family:Times New Roman;font-size:10pt;' > For the years ended December 31, 2014, 2013 and 2012, </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' > compensation cost related to the Plan was recorded as a result of the decline in the value of the awards.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6406099&amp;loc=d3e25284-112666<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6418621&amp;loc=d3e17540-113929<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5444-113901<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 14<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>R50.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E2F">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Accumulated Other Comprehensive Income (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock', window );">Changes In The Components Of AOCI</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Gains (Losses)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >on AFS</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Foreign Currency</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities, Net</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Translation, Net</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, January 1, 2012</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(163)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(176)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >162</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >206</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >232</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2012</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(126)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(139)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(142)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2013</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(96)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(86)</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:3.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(27)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2014</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock', window );">Reclassifications From AOCI</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amounts Reclassified from AOCI</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:3pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:22.5pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >Details about AOCI Components</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Affected Line Item on the Consolidated
Statements of Operations</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on AFS securities:</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:21.75pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gain (loss) on sale of securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 23</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value
     and foreign exchange </font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  </font></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Amortization on securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (104)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment income </font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (21)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 18</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (108)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (8)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (38)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (13)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 11</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (70)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td></tr><tr style='height:3pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Foreign currency translation:</font></td><td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:21.75pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gain (loss) on liquidation of
    foreign entity</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 5</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value
     and foreign exchange</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total reclassifications for the period</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (70)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the components of accumulated other comprehensive income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669686-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R42.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EFIAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Investments (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentTableTextBlock', window );">Amortized Cost And Fair Value Of Available-For-Sale And Held-To-Maturity Investment Portfolios</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >631</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >667</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,644</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >94</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,730</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >283</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >290</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,984</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >44</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(92)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,936</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(86)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,116</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,126</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >54</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >53</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >113</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >231</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >222</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,075</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >208</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(147)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,136</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(90)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,509</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >209</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(147)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,571</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(90)</font></td></tr><tr style='height:8.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:16.5pt;' ><td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >528</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >535</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,831</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(73)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,780</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >184</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,682</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(38)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,668</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,167</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(31)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,146</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >79</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >205</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(57)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >151</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >187</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,897</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >96</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(229)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,764</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >781</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >781</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities </font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >136</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >136</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,824</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >97</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(229)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,692</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td></tr><tr style='height:5.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,801</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,651</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,801</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,651</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:14.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock', window );">Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:12.75pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated VIEs</font></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due in one year or less</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >806</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >806</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after one year through five years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,388</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,412</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after five years through ten years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >889</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >914</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after ten years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,459</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,491</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed and asset-backed</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,533</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,513</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,075</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,136</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock', window );">Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >372</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >257</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >317</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >468</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >251</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(91)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >719</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(92)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >387</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >403</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >81</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(21)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(21)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >113</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >845</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(145)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,065</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(147)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >851</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(145)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,071</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(147)</font></td></tr><tr style='height:7.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total HTM investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >269</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >270</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,112</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(65)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,161</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(73)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >788</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(30)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >870</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(38)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >713</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >857</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(31)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >124</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(57)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(57)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >78</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,973</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >479</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(101)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,452</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(229)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,978</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >479</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(101)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,457</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(229)</font></td></tr><tr style='height:6.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total HTM investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock', window );">Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:9pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage of Fair Value</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:9pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Below Book Value</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 5% to 15%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 58</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 53</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 15% to 25%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 78</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 61</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 25% to 50%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 575</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 373</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 50%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 129</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 25</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 22</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >140</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >575</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock', window );">Fair Values And Gross Unrealized Losses By Credit Rating Category Of ABS, MBS and Corporate Obligations</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:left;border-color:Black;min-width:21pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='5' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Below</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:24.75pt;text-align:left;border-color:Black;min-width:24.75pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Aaa</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:62.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Aa</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Baa</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='5' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Investment Grade</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='5' rowspan='1' style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Not Rated</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:68.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:25.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:21pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:3pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:29.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Asset Type</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:29.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >ABS </font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >55</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >69</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(31)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:24.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >195</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(33)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >MBS</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >412</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:16.5pt;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:24.75pt;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >442</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(11)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >249</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >201</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >203</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:16.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >40</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >23</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(86)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:24.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >719</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(92)</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >719</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >258</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >213</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >81</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(31)</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >38</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(90)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:24.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,356</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(136)</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock', window );">Average Credit Ratings and Fair Value and Percentage Of Guaranteed ABS MBS and Corporate Obligations Below Investment Grade</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insured Securities Rated Below</font></td></tr><tr style='height:8.25pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Investment Grade without the</font></td></tr><tr style='height:9pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:138pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:138pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Effect of Guarantee</font></td></tr><tr style='height:9pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average Credit Rating with the</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average Credit Rating without the</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(in millions)</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Asset Type</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Effect of Guarantee</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Effect of Guarantee</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage</font></td></tr><tr style='height:12pt;' ><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ABS</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Baa</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Below Investment Grade</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >%</font></td></tr><tr style='height:12pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBS</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Below Investment Grade</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Below Investment Grade</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63pt;text-align:right;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >%</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock', window );">Securities Held In Unrealized Loss Position And Insured By Financial Guarantor and The Related Insurance Loss Reserve On Company Insured Investments</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reserve </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(2)</font></sup></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >113</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(31)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total asset-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(33)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total mortgage-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:15.75pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes investments insured by MBIA Corp. and National.</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock', window );">Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:185.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit Losses Recognized in Earnings Related to OTTI</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Beginning balance</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >341</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities not previously impaired</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities previously impaired</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >on securities sold during the period</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(174)</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(41)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized on securities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >impaired to fair value during the period</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(111)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for increases in cash flows expected to be collected over the</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >remaining life of the security</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ending balance</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:13.5pt;' ><td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > required to sell the security before recovery of the security&#39;s amortized cost.</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td colspan='3' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfRealizedGainLossTableTextBlock', window );">Gross Realized Gains and Losses From Sales Of Available-For-Sale Securities</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='8' rowspan='1' style='width:240pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:240pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Proceeds from sales</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >757</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,726</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,658</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized gains </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >196</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized losses</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(29)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(127)</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:3pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A table of investments, shown as a text block.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 6<br><br> -Section 10<br><br> -Paragraph (c)<br><br> -Subparagraph (1)<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>invest_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For all ABS, MBS and corporate obligations that are guaranteed by financial guarantors, a tabular disclosure presenting the average credit rating with and without the effect of the financial guarantee and the fair value and percentage of securities by asset class that are rated below investment grade without the benefit of the financial guarantee.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair values and gross unrealized losses by credit rating category of asset-backed securities, mortgage-backed securities and corporate obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Securities held in unrealized loss position and insured by financial guarantor and the related insurance loss reserve on company insured investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27340-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfRealizedGainLossTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfRealizedGainLossTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>47
<FILENAME>0001193125-15-073382-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-15-073382-xbrl.zip
M4$L#!!0````(`.*$8D96_ANK[8P'`$M3GP`0`!P`;6)I+3(P,30Q,C,Q+GAM
M;%54"0`#>-CT5'C8]%1U>`L``00E#@``!#D!``#L_6ESX[B2+XR_OQ'W.^A?
M\\1,3T15MR7OU:?["=EENSSC[5JNZCO/&P=,0C)/4:0:)%W6^?1_`-Q7D1(7
M@,R.F5.RQ`7(_.6"1"+S'__O^U(?O6%B::;QQX?QKWL?1MA03%4S%G]\^#;[
M-)V=7U]_&%DV,E2DFP;^XX-A?AC]OW_^[__UC__?IT^C_WOV>#.:_#H>_?OH
MB[;$!GL.TD??D:ZIR*9_C&8VLAWK\^@!61961Y\^!;?.OHS.3</&ACVZ-55<
M[J[S+[>_7=.;2-G77%S>9EUWB30]=MVE29:.CD8WFO'C!5DXZZ8[TQX]8#*G
ME\;N?2!XA0C]ZF4]NCZ[I=-:&*9%*6(INFDY!(]ND8$6>,GFRDGVW27YY]%X
M[]?)KQ/O6>\O1-<^L_\=4;X8UF?%=`R;K/_X\&K;J\^__<9^^M7"RJ\+\^TW
M[\??)GOC_4][XT_[XP_>;2K6LF^A/V1<KAEOV+*S[W!_R[K),@\FX^/@KI\_
M?_[*[S3)@EZ^M_^;=X5_@TX)6W"U[M'=OWSYHL6NIG^C7Q5SR89R,)Z$`S'P
M`ME8S7WTZ6_$U/%OWF7!7:9A.,OLFU2;_&:O5_0>T_A$K\)$4X+[-M\4OX'@
M>>[0CGZCO_H76O:*9/.`_<*F/8YSP+$^+1!:!??,D?7"G^S]D,$T^@LCAI5Y
M#_\E^R8VL>R;^"]9-]FD@"/T5_]"]H.:@&M`'O?'V*5VYJ6'[J5V]%*M")L&
M4VE*@+9WO>#B_\MT0GAE$L<_]_FEX]/3T]_XK\&E5M9U])'CW_[O[<U,><5+
M%%ZK;;[X4V38EO;9XE_>F`K74L72,J+??/+_^/7=4D>EQ"7S*IV0V$6?V&V?
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M%SI&5POO,0\[>';P6^(F;*CA+3%T^;^TX"\!H(0$E`C>3TELT`7B\P-=*F)"
ML,I)=3^?.2^6IC*%/374.]-@+R:F3A>."U_#]QH_E":?MZ9)?S!6T;I)X47*
MJ^K!]933]6Q%./=CP@DK%\GA$]-2^]6UU+XD#NE4536;)Q4\($V]-L[12K.1
M+B?.*CJGA7/OJY[:O$0&/26KGI+*FZJFI^*+`3GA55$]94UYN%JI(EP0H=\-
M`R:1J0Y<ZU3TR.5;+DOEB+I)'L_7_!\&MYB$/F++I0YUN$QB+]`"GR'E!]5V
M6'$(WS*54WS=:7^.3SL4U]+S[H^JWQHK+#)ZI9LO2)_9Q%%LAQK#2\U@&7J]
MP@:+=A;.L[=8R(J3@-Z036]TEPU0C)5S4]>IL2-(U_Z%U2_XQ;Y_T;4%3^?M
M)TI*S+BW^,BR*\R"S!SRAC5*%ZI.SREQ%B:APA(8F'/D,.K<:)9]8_Z4$Q7,
M@.1/TS4P6?/LK5W9'0M?M<7K(,`03K2W:,BR'*`91-,,W7D1U;!PBU7-60X"
M#M&I`B+`5G1J*[KU(L]UI"UO-/2BZ?ZF&/OZQK2LJ:'>($P7:)@2TO.R_7LL
MB_%*=4\XA]@)?I`7-EF3\P"3F-TFK%1X8X(%[OOR>-!;?Z8`H]EXNS;8*7GU
MVK(<;'W!EK8PV-&5J17>X:I[#MW"S5ZJ&L[6_FWNR=C[>62GF+WNSC3R[I43
M[X5[P!LHXF)T(TEJ%)(<L:P$@O[(3M6-Q@)E_X@5\PTSZWAO?#-62%.9ZI$5
MU$4JM7BFL,U8*?$/$"4FHH3=3<T"49"PI_#C[=:=:6/KQD0&<WW<S2+-6%`J
M8^V-69FS=?CY:;W"$8\5&8]XY1#E%5F8'=#0>"#9JL/Z#R-/;#=WH)F$LBKC
MW@5#OLM="*+!K0Z]4E34F[(OD4:^(]W!E+I,Z1$U]FT@A_RO\O<EI#/X_FP=
M?/Q*X8TH1]8W^`WK,7D,KKDV5HYM\0OVY1:^<A0(Q:V`!'7YWM50X$K25C#H
MCW<N@7S=8L063HR09\C2XHF&%Y9-];6-[^?!'<&'L#Z=G)(F%*2W5`U9S`MU
M0A7N]5;F\I8LPLK<.2)DS1V5E4E8!&/)O!D0.VG$KB(#^^--5HT<U++H\Q_"
M[PM_;\RAA!4DK""+5Y#^4S(1V9!&:GJ-T/,(52>:JTJX"O07Z"^)(F"@Q630
M8DP!1:@?+?L8G,ZS[N?W="1NBG68X?&*C`5EP#>#8#<9^PI1+]+=\[@TR0,?
M^[7!JD9B^N\%(@9%'OMI2B^Q>4*#MXM"Y6EF:[K^%>LJ:#W0>C(HDK(+W<K2
MY:48-2I>`]>2K5;A#`]V4^%6'3T:B[N?SUCC#SHGWUZ?K6_1/TWBI2FN[^<9
M)P8S3DIQ"R^WSJF#//Y.?!%]ZA!L">MH"+&3"%(%4M57J1+Q;/FM:6#*6_(#
MVST]/<R063!+P$'DK#!9F4SJV:'9))WJ5:?!:DQ[Q^HMLJ4&7KV:-%AY9)&F
M#B6Z\?QT`0I`6KC6O+=?L;N*<@L0@(@,0D28*<EF/<A%12L"(;;>A=C`KNQ4
ML25GA>EJF>D"&THC"ULP,T*:F5)(Z&UDJ&@['5`O,.I[A3CP<\#/D=_/$55^
M+DV"M85QQ8Y$&NQ71B_P<.31]37(2@$&0%+<KEB8K+#M()U19FJH;B'L'H?J
MRTT8T+%I]P8\D,%Y(.+M='671U#L>WR;\>PJE@+U8++\)P7I,^=%U=XT*RP3
M"V[(0-R0<G#H;8QRFQC_<HF)LK$0-TC0]JO(<A2N,S=6`&&65H:J^6VP?SQ(
M>R/4_K%HZQG(0@(1&7H4M5H64GCR@QWZ>#`MWLKSBGY)%Z)/K\AX^HGU-TR7
MA/9K4GXX^]EQ/NM^GA-I"?L/Q9YHV.M+[0T_4.^$?GXR+[4Y7>VZ?\DM.25I
MXC4KJDB4ALW*%ECHK2\FIA2%Q[RP;OX\,\T?_*_(BR((&I`@;4$7D*5.92GP
MU`A6-?L1V9JQN#5-=1V"G?,RI.T506JRVDH5V9F^6+<O5N`32-_":BM!V42$
M.D,!V:QUQY'/6Y""N!2PJE/L*"\@OQ_(C_-SD&@OB]V@^$T8Z9!]T[HR=(-*
M*_DT&!2&LL[V!M%0MS4#2=4T<@O2()W^;A,GYKG_1=!J5;#I`%AM%:M5QI7#
M5E?-YO"UCO=G'B`.PK)Q#`Y*-N/>S!?ZBC=J`M]X#@1]$D&*G:JFZ%\[1XYN
MSWZB53)&ZU<P.7,LS<"6-7,IE6C*PYINA05.Y):W$N2+Q#BSZ5?KEEX1"R(]
M<;)X,$C\7[S3-;Z!]*@;>+:^(J:SHI_"VE:1GZ<(`?";!%J5<6SFGU<]*8N!
MO45\T7F:+1!_]O("B)<9\0$#>[N35H3X*CX.]PM3-P#Z*SDZ140<L+?3O22`
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MM`V!^_/%.VLC0`&0=U3Z^_6%G")06%)Z%T)T@L>#ZG@\$$.#`Q[[B$=Q].-.
M9P2"U,/4P3W9X%60]IX_R=[&5*JAX$HW7Y`>\T%Z!X+<.?86`]5.;C,-["PS
M3O#V"`.Y<^Q/U*:&4\KEZC/T!!9UEZ48`%+`;P`41/V&5`2P=T`HG&=_L%`U
MT@(1_T%&*Z6(^(L3+VJF;\*=:62V3JAZ-*ADF3.HM=F[6IM;GZ1JOF[;-NTC
M$@+1'ZO<9#VV&EJ,3W940`7G\D#[]%_[U-&V?"*`4FSX>.F`Z^YMFS'QB)4X
M\AW[?CY5%&?IZ&R;R<W=-Y<K@E\9F5FVF6(NXZ<DMGU(WA+'!1&[P32")4Z@
M"L/GWF$[+-83*4F"-(.5[I%;5Q52(R)2%<E1I_SO`IYP!KNA!_8U1?9[]N66
MP3KL[C[8MW:SX<N9D4=L4[V(U0M$#,U8#,-89$]Z4"CA^S(ZTI9^<GY8B(89
M2;IRQH2*5_P23S%Z]W);13U82G,G#+^&/\@));Z7DS$Y;Y<G,;LZU)GWW`0K
MW/=MXD5O,9NUA<"/\6B6HIL65J=V8&5803*LF$2-?1L@DO]5_K[&HAZR28*@
MJVY^MJ@2"EQ1V@H&O<WW$5&^;C%BE:?XAA*RM+BC<HX(65-C_8A7)J'+H>F2
ME7`/[O;>3V^74]B$0O66VB&+?Y&DF6H,[*WDY7ECPDK>A65K2U9P-&RE`&(G
MC=A5X5YOO4D190Z\2?`F0;[$DR^(U=89JP7YJF$?<W-V9;RURCIZ0BZ(B5KW
M\[`*4R!O3Z:-=+8W9K%8$[:N#7:4CFV<Q:.C(&(BBUAEWKM25I;Y`\_*%.54
M>3-]_VZQJCG+)TR65+?*>F*GLP/#E;:G:FU*F,DWD%0ASMN#I(*DBBBIPF;L
M5.^^?FD2K"V,*_,-$X/]RE(OFY0^Z(\K7'_<`@ST=O^@NJ3`*6W13FEWN].4
MF_>#C$>\<N@J%EF844^SHT<P"]-^K@VL:PN-VF?W,0H3R8R&Y9N/;]);#?5&
MPT;NZ9U(6KVA^MDQ<D*XRDG*G0A38Z)23FI4,0*:3Y0J!&]_(H,E\SAF#N6]
MIO,"O9[]CC;4#-EXHUFVG++#A2)WFLE\O7">O=7WU3V#;[,GPG>/UU1AA%X4
M>-&#\J(+4=!;:6GX;#T(33^%!LZ5-UHI#.2GZ^6N9*(\*!G2V4E0XIYL9:&N
M5`]X$)_MQ6<C<4%RQ)"<:O5JP[/@+,?AP;0TQM(K^B7E]M,K,IY^8OT-W]+W
MO6[;.YW7MPN?>*G-[?4#5<:!%RV;L%0N;<$KWQ51H&&7;`LN]W9EL[FSN=L#
M[]8TU76RPA?_"HV]*[83AQ+E>GHO$"W5>@G,5R9?HW6X,A@+$A!*`%/A++<T
M[,[54)F\P2"_O65('OB988CS%!#?".*#XL?LXL$"OI`*@/>N\9[P<79S<7B3
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MK2X.4@VFN;0PYP-KD-)]AGC&^>P58_O&=.NU!_(3`HWO_27%^BM6%Y2B7["E
M+8SP3O_G.]-0O9]D+:'K`RV/2BZ\LLE4)]"S*1T:\`Q2#Q+-PT'DH!&Q;6^4
MP&Y=87-!T.I54U"\QL_4TI#<P,B=8S210VO9H>WKR?T2J9:RX:CYY%)I8QYY
M)Q1S3B$'+K!;^IZ?(F5E/SPO"GH/M-9[H)@3O<5KQ5/S@%?`:PY>!?'C-K1Z
MF1KJ#<)REU'8U$(E:XX#]^*VJ3"ZE0KL$Y;$4#%2U-[;C*CZ#KL-MR2M6(?:
M6BR,"[(D6G-+:,!=7E"&W(!["(U`>Z)5P+Z"96L6@YM7K^`E@I<HEBR)NH;?
M5I;XRCY]?@<<10'L#CB*33N*N<@?N&Y)[(I,FJ_X!?99H,I>$AKIR,[+I)6=
MPO(R`8$8P20.[.LP`C$"ZP1?T+[->/(9VZ-\,'6*/@7I,^=%U=XT"U:QTF+?
M?WLY]O9''NJ-[V1V3@)9V`2ZK1I."2J#/5]GU1?#R?9&FI6;W7Q-GH+D95EH
MK-I!M/W;=^GK.,AAJ-QNRQN@4Z?NV,[GYJE<F[$"VJ2FO`'0)J!-0)L,>Z^V
M0N49OV0YYS)KQL46/%[='F/QB!6LO3$VG:W#S[&#\.7U#0,U9^D35EX-[6\G
M?,C_<4QV<`^1']A^()K".$NYZ1XPG:K_="SZ\Z5)@H)"5PXB=-6#L?5`S#<J
MN,FP',30>AM#VP6RG2BZ+-B[`ZD-]QW$(43K]K3U_E6!7CJ[>`I^O355G*R9
MM[6_DRIM(:<J$7`#;'N_(H<G;>F"'*QU(-G=5S;8V2O9U!.WA.Q_T2P^"*R>
M(^OU4C=_@HL!+D99%V/'OK9U*94\$/=6JQ2M=0JK_R1"[Y3??`<T-&U)U1$:
MBK"ZZ:-F_0B>>$$O5U59SPB7*P94EFIUXKV(\.ZHXI3OK6^\S>&\DKZQVX#+
M?&$';UT5O'+"&..=:=#!STVR9-!@M$_(QB,R%O'*E[>:H2V=)?C/HOO/`>LB
MNY)1WO7>5W>[DF5`W^_3D8W]_FB9;4\;A:%82L=K&R_C-=^]THC&PB^?F-`%
MFPM<?IL]."^4MJXCAH-#W7+*?BCD660+I2^';G7*88D*E\6TAWA[F4HT^0;U
M>KE"BGT_3\?Y$D+28K@^;</_PMKBE2XEIJQZPB(Y-%@.;V-;,VG:O8WM;@F^
MP?QNDA2QH@`[;S3(LPZON?)!Z-I%MGLAC5#:W()-3!VX!\&EA\I+1'INT=J5
MGL,R-5YSG>;'Y0M36U^Q;BKTW_.4%`6/F"G8H/K*C`F-_^6E2;""+%MN><F<
M:R@>V9-MV=/.8UA'$D+A7DU"#C_M'7;G8S,SG:C6>/&N,$*O"$;)+)'MQ4=Z
M":@?@&6]NSB+O(AMBD?]\8P$0RXLV/J[>`(I%T7*JRUY'K'E`C@9Z9\NL*&L
MZU_W3!*/K+>!9\1[?,6JHV.Z7O<'<3^?X15BA1O\Y?79FK_]G'ZU,,GZ?IZS
M>76IO;-<.;L7O4+K6+E-&E`<-3`L,N@LCM4Y7`$[KA:L@4M)>7_VD=K;K08M
M!OO6H+D&KC4*_:@[TY#<E8+56F]7:P)Z,8*ZJ=LX5PG1!TW9::4WT)9=:TL!
M?3=0W#(K[D%IS/)EJZMJMDBM-5!KLM?*'HQ&*T!M;_5&L^7NF]`;$,$26UWT
M/7@EEI;H_GQSX=G!0&EX9USFR-'MV4^T2@@UM'_W?]^B_7N5UQ<?.`Q41C:[
M>HOOO&:3LI]RN$7O=9U4'(;G+;O/FW7B,8H!.-4@P:D&0<Y"JEA[OL$+I.^L
M!>KUW7,VQSC[Y=0ZE-*?$Y0609G4X\GG;&A$V`7G)6J3RV@)2??GBW=%=U2J
M#?-,VO?KBZ:D-%(ZXQP1HF%U:@>/[*&H[D)],06W!`<'+KUMU2?U'\+O"W^O
M?U<3.O@,9K6PF_OL/R43D:+M_W77!TP0;Y[9XP@AHZ8J.&%AW<^]"AWTU[`^
MT2M;5%X;WPR"W1CR%:*SN#$M"UN7)GG@8[\VF*7#]-\+1`P*'_:35_S54"-G
M9&>VINM?L=Y<\S%9U8A@)Z"9_:^,&*^D4:.0`8]C^ZQ22OD5MAVDY^QUR"E!
M!;ETY2;<'[O0:EX([,7"7FQ?):=Z9D3%+HH@/`+#M@99%[;K8G<Y`_E^R:UI
MX+7;/*+'SDC!+'N+@X9//8$6[:<6A7,PE64G7&VSA?:#:6G,K;RB7U*/\XDN
MR9]^8OT-4R5DOVZ;J<G>$WGBI3:W,3;H(DNA(WDRZ1L,>WVIO6'O*[E%J'1R
M($-K=;(T+#Y;X&%0DA1/3GSDA8EO35-=AU`_P[KY,Z3M%4%J<LNEWE-?O9>4
M]H\/9;/7:U24R]]!24)62@'WRE\T=&Z2%>7F'8]1H&37L"#+*TPG#>[^BZ#5
MJL82%P69UX,1FQVRS[=.;^`KESPDU+K1EPTF=P0Y:!J4G'8A=6"OVC[N"E+0
MF!3("E?`1"5?/M),AV]<VP0I=NQ4!6_Z06GV$ZVJ-V\).H:$>]]RPZL$U?Q\
MP"39:MVNVESJ,Y?T@T3[`*$*&*EX/O/BW<:$NNO19?#9^HJ8SHI^"K.\(C]/
M$:C$)G%691R;V1?M(A?G7V_WE(KP7L8#\*_EG3QR^N_M(D!G+R\@0:6<"O_B
M(D[(XF(T+=8!JGHKUUMW/"[38FECD^."-<%PZA,4]TC>H>M1E4%L;HO<[$*D
M@2(-O?0MJ\MD^K3A1K$\=PAA>_V<U]^UY/X;B&:!:#9RO'"S=&:S;'@2VKTW
MO%&ZIKK.?:_!2M5F-,=)!"CNN#=WX,)?87-!T.J5)=8&>.:<\K6CY"NHW)E&
M^E`FIMH6/.0]&\5="AUI2]],AND.+$V*G3Q#^!&SZC:R[AIQ$YR:H@N:O#GV
MQW_=YF0L`*(S0,BA2?(Z'<X<2C%-YXZYET0=397US_]C]4:3M>$L`TG^-#V'
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M!`II<`I)CIVCFNH?0?&C2G#N<?&C050^JE8]CE4F,!EGPVJ:S5MN$#X!;,FP
M=$(NSGL;A]BF/VVYIN\-%<0`QWYKA`?[;24Y6*=ND'6-T7(=DT'ID?)UT!OP
M+IIHG0TJ29*Z[;)J(T$=/^CQ7?^*:\.A^08T8N210;HA%X?D`=[\4=76V;#@
M'*QLFD]PV2WD>NPL<"-U`XH68RU4*ZBMD>,.![>EU6A-1EZA6YE@^@(BJ;O4
M#W/=(;KP7ID&]JO21+97G:7#_%_5+=-"+R/XE5&>'9I5S*6DQQ=2YRRSR!#Q
M"LO2H3]8VOF,;B&PG@C/NU[/;%/Y,0@(9<P8=DO+UC(H!RH6/32-X4`J-=]!
M^7-ESF`BA\5*W(.)JN8LY81%J6.8V5/MCSTJ?[[?.X[*A,A)10BN+<O!UI>@
MM,;4RCK`"G'3_D8LXX>60Y3$(@KE8#(XZ1+V5.J%95/$V-%P"1Q)':AP"W,$
M9,N82O&1U"I([X]^ZB0_W'\(OR_\'3+#03%UE!GN/R43D9)NY_8\RK%-!9D(
M]<]-PS)U365.:!`6L.[G887JP--Z,FVD7R&J<EG=%6Q=&XKN4+MU;5P@8E!T
M-;=3*ZL6$6PG@WDBE7GO.C!EF=^)-(I3?:>J-&:U1]S.T-:?B>`5@432U[JL
M;:L[29$Z9#*S+V(S?D3/9:_*[B0<L!#W)(,\J\:=LD*8]766F$0R`N6$3N&I
MDIPY]A8#U7(=KW3S!>D/S@NE@;M(DS3?H0`#N7/L[6YB-0QPSSHH:=D[]F=-
M;U"<+RH"G:R,7+S%&/X@)TJ*=\:2LZMQ+RZ[.K4`=<I%S%;]9A#L'D9A*_T'
MT])8*."*?DG7($^OR'CZB?4W?$O?][KM@4=N^\(G7FIO^`$3A0[CR;S4YC;&
MAO>WG$BO?#R$&\H*!&DXKW4+#/36H]O<$]KMH7=KFNHZ>9Z7?X7&WA7;"4N8
M?N8=T687]Z7]>.4#5(54J'.+(INWT>.N&<P%*<B7`E2+%!2?,AZ,&+1W?KVL
M'*#!RD%6$)]Y.+<O&F+JBC+SCN^G(#VY0^9NS/(%DM<@++C[+X)6JQJ*2T1;
ML<DN+IG!<N:PY)*ZUDWK;&ZY(\AA5YWOK^1-YK$<)-/?VG)3,4EJUQID4BKI
MR-4)&4P&:6Q+&B=I:>P`V#L1:B*(8UW8YSYU[1PYNLVZXR94T^:V\)'J"^[/
M4Y1,+2AJ<1]O0I7L<"^K5BO!@LC:-)L'=6J=0A8DVF,E>5#G.#;#*5K*((ZG
MWBJ]HB.&5639/0.\H0[*5@(-$EU-HHLX`6*=0%5O-U"*Y'H+,3S#NODS#+M?
M$:0FD_X'*)<RBT`^1P<I$V>(GR.>O6)L^UW$TP:.)P4EK5JH9<-EY*-F_8C=
M[J=#4N+C#%?W*U87E"G^Z<KDR^],0PT.7LHM,T74"HU8-KGJE)D\AB<,:93C
M=;X^F^'ARS,XWENY+%Q/!@G_E$375-M::;'R)GRA:TO-B-2!EE5$LN><$(Z\
M2?=GI;)SN9TK;"X(6KUJ"G*/[?!48+)^_C:3%1JY<_OPIS>YS]]F;4%`T.-E
M%;0+)/\(DOPCCU82+<F`[\N\6+<O5D8_!,G75]7V*S80`1(,A)6!,U13OEE!
MJ>K>RT!PG'[[<MWUBT"2LR`#32>;@0@()@)@!7(E@/DN)2++D'4L9=8Q<\J$
MBC)#4A=D*`N2H=R'S+->26AC.0\#W!8=7+K"X"6A@4P^2/N!1+X:TQT@CZ\>
M208Q[+482IM#('X>*PC2X/S"IHU:A]GIW6<&Y6;L;6A)62UO;Y,]'$[B7G["
MW(XM%:L,HESV8`M&6([\O>Y7D2!D@&_9\5WD6Q;B.WIF^OOU!:`Z$]71P\8!
ME8:'91$+/3Y@LL*V@_2<[9/DEM7NU?,G<B.]CNKYD_HDH*!>6CG6#DH.MH3Q
M';;Y8LQ0STV=-<0E?B67H:`XGP*`'U"#S:I!:1%4K<0I]X[*1#6@@XU@'6P*
M;/`FIO9V154-^]DM17B[L,;`OUOC.5XI.^3F_3S:M^B[](E5\DC81NC4N<[<
MK@$?+^R]&2N@"]P]-8<0;"CK_,TYT`&@`V(Z(!<R(/NMR_ZV9[JA#("@90#D
M/P,>*"9*;W9@F7ARR@+48??H$'/\T,K%$[O%I;>IXK[$>\J1P#O:D4V#_NBJ
MG2+G&>>0DPE`T-`O+R6G^X9^N[H<>=SO;32KO'0$)AU9KRQB3/]A>P]O2&=9
M5W(B-P<*@24OF.J@$%'C&FTL)U+J7#Z-!XB@`HN[(6FWOEV9K$<&W=KX<B^>
MPXO5@N-A=;6^+@@C#UE&:MQ,SQA6FNN1C.$,MC?M=K20+EU;9W*Q]CU$W/-K
M/_L&=OY:BDD*FWW32MQO/Q;WRS+S6043TK%`K+H_7[PKNJ-JQB(O"IM.OGS$
MFG^JXX'@I>8LK4N3!"<]SLWE"AD\?OM`3-51;.]82&+5[9WBOW*H_J/OQ,$#
MO,OEE*?,*@'IL&1U\M=IB7;A8#0Z4(Z%G<13]ZO'4_>;B:=6C=LS\S5SR!O6
M='YJQ',%HD4+SY'#XB(WFF7?F#_E%!2FRO.GZ3EE&?.$Z'R3D55PA.1QA"!2
M6HSV1VRY$$%ZO#K1=,'VM`'YTB*_%&?[(P55/0@P`,,0@\X-@*`^4CWRXD/\
MVXS7.;"FAOI@LE";@O29\Z)J;YH5UC,``9),@/RWEV,O2%1-%@@"L[V4)O$"
ML[V6I#">NUQBHJ3\X!;D:;<,[\*;UP]$6R*R/L,&IG=K]*.<,KPIMZ4D][I/
MMBZ\.Y==#>T<-ZT&!Z6!-N\GP6IR&.9;K-6DJ/LWN\@+!"3[*CM"!21[+T=A
M=UF7R"`XT@I.-BM!4IJV.'>FT;#1@?4A+,K$T3-E!6'@FB>QWSX!90/*!I2-
M[,HFDJ$P$2-'.5^)^+AZY-WWFB]4(JL4RR,-A1P=N+VMNAN4UPSQ]D5#WW[(
MB>C<OGK120T\9M]._<.@)L435EX-[6\'AU4[,+43JNH@775+I[_YURY9_8KT
MD[:L^I1S#$\V3#=8N+!Y5Z^EXY#9:/-[WY:!6P?^DR"UG8K.>%7ST.L_3;VQ
M;J!LPEQXI*N[]5!]QXEWKO38<^M;YPE,D$Z0SCY(ISAKJ`JU<PK[GMU2C\=9
M/F&RY+2=&JK7V-MG2:4F:.R)%_1R596]`TUQ\[*R5*M3MC;WQ(E3O@,_4;2:
M&)431AE^OQGFBX7)FZM]5DXTU*^8;YBL64PG*1:/R%C$&X/>HG=MZ2QAC2AZ
M<FC`NG`8,=[U?FW*'I^)>C^PGX)]?]:@.YVUO:5K=(U"TZ;>S)?[4CKDSC3H
M(.<F63+SPO0W*)*=##5(;['TY@&NX?V/+-'HK4>R12)?462Z5B]$,T!Y5%(>
M48*UD0<XY*BX%)Y'=SJ$2YR.M&50-C(0Q!O38LO.&X0?,:.>K)+(`9::HM?H
M(F>.O<6`@&4MDA5LH0A]D[DI#12?A=KX\JU"Y3P2S2'TM%ZQMD0YA^'CKFFY
MD8+&D2"&)EABGF3*+PQ<E)*@R&)E)P8/2C_Z;::U?[$RZR]V:$Q:J/M?535&
MSH;EZD5(^M]>06X$0_<K[^XW\P5U:"LKR0)A`@T9JJCXEG9C[F+/=$DFV423
MPI9+P`BQ:]?@0@=6)`*`5;)E@+0Q24&+5(`;#`ZH.*?]NBWH(5,M;C@N#RH#
M5(:`Q^6E.(6R>^785L.`H'AVE10(V8FJ_@:E=S:??H-`65\P*,X9KWKJRPB0
M(B`;E(>]P0Y2!<$N^6067+=A!+L$U2JRUI"45<SE$1?1`CW-UT7<K5MO]FD3
M@+Z$T-_RY)`\^R([:7U`.B!=&IU>8_\DAQ!F]=H`_NX'7B-G,N_GYZ9AF;JF
M4H=1_0[).NU)5QYDNH_Y\W.*FS$R\-61G+V\(>P"81>!E&#7QR![LE-7O$MR
M:1*L+8PK5G?`8+^RO69PS*64FN#M^3P%NUSK#B-DUX@IMY!=(YFOT'.]LW6$
M&$ZKP6FU846)H364<,C;<2$G1&NHMB/&NV9N@\('A=_O.(8H5<[_HFOE5QNK
M4[I:IL^XT>8X(6WI*J.)>^K:?.E_M=%,PK40$NDBA57&"J2YPM"!G1:M`CKH
M'=`[H'?ZKW>ZJS/A"W)A!Z."^MFR"FQQ\Z$="H9+BXZ:>[]"A7VHL`]V1I@*
M^]W5Q//%=693`K#IG#F69F#+FKFSLP*Y_#9[<%XH/2XU@^GF:\-R"/L@MW@6
MSMN%2/'$>XN6SM9!FQ\S6Q&,5+!,O3G<VX:1E-E*512)WGK!(G:G@Q",:"$8
MF24=NM6)M);VI?C;[(FJ5^KWK:>&&J91UK\)"]V&R@JWH,79!:BT6X,/6(CW
MWJYXBM;'4$5;,MF&*MI#DJT)`+ZD,9,60:(?90*]+IM>;^[4%%@5T>)!E6/4
M#2[JH$_D<"/=L&RM8[CR]XD4I$^%+^YAJ/.:CH0X;)HL^!C3"=%S&[.?:)70
M/UG/L*Z09K`VYF?KKUA=:,;B$>ONL<I7;15[^IUIJ-BB!I<5#DD\^MI0S"4.
M]FIC*5`);^_B77GEL69#3>0^N/NW5-HCPY-3K_FH+N):B/ULMM4ICMMQ/AQA
M!NOK'%X!>E+>WC;P@7,;95?ZV^8Q!@_PH/3%0TM2!V0`25;9SIYI:S(C4P9F
M]Q&LLAX]@_D5P:S4P!-5,T\_Z7S7EY2,#]0/I9^?S$MM;J^]O^0&<&D?C0&J
M*E$`9276C4'!)'9QTN?M/:S"55X!%0:)(S>[@;J#U+[<FJ:Z3H8;V%=G"(V]
M2W:+7@`*=T9AE9%E,S>Z$L[B+LA!XW)0'((8C""T%VH#2:A7$J8(@4'HJT%(
M,'>04I`1X0D/9Q.T6A5LOE19`4YUG<>6^H+]'+IY!WFS"=?);@`;3Q[Q!XGX
M5)[SV?J</HD@Q6;TC*EM3K5-+1LNWNDJWD!Z5.F<K:^(Z:SHIT1RN_LS2FYC
M;CR)%IS`NJ?$B=9HE%6`2K`AU-=%?*AU2W#SR;A<1M0YCLV0BN;LQS`U2)G>
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M#C)97@<["<!E^PDKKX;VMQ,^Y/\X)C,3B/S`]@/1%!9]_Z[AJ65ANM)2_^E8
M].=+DP2[`U<.HDLN&V/K@9AO6MHS@?Y%#94T*;R[E<Y!NT#6]9,V8K;.X6;#
MWAU(;;COCV\E2N5^J%NZNZ81\,P<5(>#&J9%?E&Q4KA>KI!BW\_3^C@A^2VZ
M51G*"+W7I8S`(Y+!(\I2:E$,M*`W-DE&SQQ`:?VI:E4O6ZW]#L4OMY3UMON/
M0"UX6?RH)N/?5*5$*@/<HK6K8`YW*@S_N'QAROPKUDV%_GN>+DSB/V*F8(/B
MPHRI$/]+=@!;05:R0%.P%)_JNOF3[>>PESUBQD-LQ?POQK='K#J*_!'X3)*%
MVB.;9BWG4.3QO9%`3"'WO?&DV=])3)DOA*K%E`\_[1UV<S*?6UL=:4O?&H1&
MF'EICWCE$.4569@M_#4[4O7`OY4K<ZPRP#C1)">L:PN-*EGW,5RS9M0LVJA=
M9O160[W1,'V(Y0I;?NPA@HV>R'^^^.U&F+K,:18`_(WM(@34^/X$=MVW;P!O
M;^,CV]2VYF!C$'DPF3NH('WFO*C:FV:%>7%0Y%K6@HG#K1:VL<AU&>"#I@BC
M"GR/RS4M"1&N>@8T\J3<(W40_.QM\+/R:=D"O+01-$D!?U!:H4;3/Y9;WNJP
MQV-`4%D$W6&;'V\RU'-3UUF!*+K"&12`\BG06_Q4V^TX=PC!AK+./Y(L:H7W
MLB4/P0WJK1LD6#W\>I=W.]:)W-%MR]4+_=G1:3-C>%,LN$%E"_H/]%^[^F_W
M7!7QHL^B9:H$&J#5'CVR"KA@@M)<XQQYD%^UT\+6H55`OQSH[SY8*&A_@*HG
M(L5KX`0N:5VFH8OC(^`=#_U,]DX1QFB!AMJBC/EQW:PG!ODM'+#!R.Y,@]<Q
MPFK^N!H(5;HG'>543^W'X;<<59KEKH=1P/.&?9M".1`]_!C%;'_6(+N?$VEC
MV0%)(A`=%-S_@=R5X>F_3:6L-_M?73A?J7TT6;52"5^G(T>GC=K:(NRP2BOG
MU7/<89=!0H,KU2Y#0[E1V_9S?L1*W+=S[/LY52S.TF&K5[>W[;FY7!'\RNC-
MZE.R)KDQB&_[D*05],\RN6X2N\$TL'_&*Y*BX#^7+K:_&00C7?L75D/V^PV%
MY1:R0FI$G,:*Y*C3.NT"GG`&NZ%GX'LF.WFV#YBLL.T@/6=Y`H9/2L/'W+UR
MK.V/YU?/+KL`>X>RB8:`^WBR[X=)95TJ.F\J73%39B']`6G41SE'*\V6_:Q&
M64^M:.[]T<0[G1Y],FW>'=#MN2(G+`JL<M;T^K,&+5F!\8MF*;II875J!YKW
MSK19X0>BQKZ-%$RD?Y6_+]\XWV+$0H6,D&?(TN+*Z<*RM245Y4BP+?C@O9S>
M"_M*5?6C;/M*/%Q:":1^X<$M4-J0XY,%])"F59#>'\M4;WYA^^50)%TAR+5X
M%K/HAQSY<ENDLV]??S11&/-&FR=-<Z/%DX=1?;3V2L-0=73KJJ.Y@!_4"J*6
MDZK^0_A]X>\IO5"AITVYAAY/YG<-W[_HVB+:2Q06$_U=3-1S5M1_2B9@ZU6,
M51K:[`+Z_JPK=O*";AW=UF98L4UR_N6^E.=S9QITD'.3+%D4B76)!,='>,='
M9L\C#W`-.X19HC$H7P=Z84FB2`3<!(5>6`/NX=!E7Y@MO!-H#K.E1$-S&/$4
MR[;.DK3:I2B]N.Q)/B:N5P2S\[)/K\BXU.9T`6D\4*-))_YD/OVD_ZPO*1^]
MK^26Y-(GPQB>JI.EMSYR$=)<@:?67#,6MZ:IKN-[^]Y78^^"N(6I>M[TW"0K
MD_#CS2]VTHGK/2A#K[:`"G5:@6S61OS:#-Z"#(0RX'IE_#Q^@^7X!X/[AH_I
M;D*]ZV-$N3E@K$<</.H3TB<1I-BI;1[_VCER='OV$ZT24G#Q3@VL@?0HR<_6
M5\1T5JR61WP]X?W\\I)XR.8.54'BWSVE3#04+JOHE.!!Q%QD,Z%.D2G1#"N7
M!W6.8S.>HHN4!*`&*<U;2"`"^9,9[ZCG:"_*72ACNR)U(YBR3$;F06`:,UB1
MBA(1RH.=ZEINNZ^.#T(':.\7VHM\LE!-4O;8Q&$S8^'L,N;I*U87E'Q?L*4M
M#+<O<ZRJI6FHWD_^(E96=!=1J0U;DDWI2$'*-*G[XW-5/=&1TL)7V%P0M'IE
MV?T<H3Q)CZR?O\UD!63NW#[\Z4WN\[<9G%MHL<XO5.7MH"8<U+^%^K<"U_4N
MT^Y<6!72Q]J2(K5-!_76E'J#VI?9.NZ1+A&XA"535"G.I@O6'[%^=0?-4BJ+
MA*R'G^0X^NVF!9<3!%A#"U`Y5%8Q'FS=S!Y$`*#\!Y3_Z/\9UDFW)^_!NP3O
MLORX)3E:+V%9THC>F72F=PHZLSB$,)>\T:@<F-V6EEZYW.P/VNOK!5VA*1$`
M7W3@;W=6L9$5FK"UIX6O+0>'F.$0<V\.,4.M.>'T"U1>Z;K<">B37N@3$?=?
MVZD"!RZ*:"Z*S#(-5>%$\DJZK0H'Y27EK0H'E2ZA*EQ)W8*LUZFALG]8B8PW
MI-,K&LLW=5.1[^?GIF&9NJ:RG(;OUQ<]508%I!4SJ;*8/8.2FO*'.[_-'IP7
M2@]W=Q)+WNFLP@G/XHGW%BW"=J`?-Z&U@Q=J[ZQ.O-V+^E!U[".-157DP:"S
M.-9"FE4!VGN[IMNF';'.,CJ)V]F=D2B_A4@#J5,U%HD#?;/]:G$C!B1-5NJA
MU@O7UNW5%AR`/@QVWB)D`O77#_4'BD=6Q5/'UFE*H$';0:T)X102',;N4ZT)
MT>0=HNP091<_RBZ:U&1DXTEC'OM81Z4C&RE4T9`Z/&(13L&(FN/R;?9$,*)@
M6E-E'L:.ZP\%)"LRP;*]R65[C964-I[N+@"0>.IHI["!M'NGU3+R*U<PJAK6
MVY!.!RI"`EEH-(36?!:?G'6+&M(6V]8M*BQK[5\4C:MD-`S*>H9UA33CQK0H
MA+V:S(]8=[?G7K55[.D9-9DC;V8U>H*,FAM329?/]G;-+]Z55Y[/::@)E]$K
M?H#TR/#D5A[%9;;]J[+95J=6V([S.Y7CKC*\`O2DDBZV@4];ZD/0JE&-ZAR_
M_@'H&VGT39IEH&M`US12_Z!:99S6LB1DE6_!T@QDV!]OI2;.9IL*-7&&@'J1
M:N((:Q.VR20N>3HT/,.I.]RL/V'EU=#^=L+NA&<73\&OMZ:*]=2M</Q3L..?
M0A[)#`>7!37W]3E8Z\^>6-7*<"K6GF_P`ND1V2D4O-Q*G/74=65RR^YYQ"N'
M&A-D889OS99X*4A)_#E!8OFKG3)AVL"G3FRL.'7GJOJC((D@B7V21&&]W:(`
MZQG2V6GBV2O&V2%,OHKN3;Y5WG1#J<B>;W]V_]I;"=59)P<*<)5!MP`U0F&1
MEAB<%'5S1,M-KEG7;%'Q#PIS22+T4)BKF6*#TFJ9SBK_;7[,;$4P4L';`6]G
MH,JHHHCT=M55;7NVG1K'4":]JIM1=YETF25[V#6-NXO5A-F(/G%2'0-O'8-2
M887T,]-(.1]#K;R8IE=$L#,(5NO9)@FK/G87(4@AU3U,POKSFD:`5/\J_WC:
MS#:5'W)#M'#"(5HS9CPH?'!G0T?:,CA`'>[F(?R(F<&*K>!\(TK=3DIA)]1T
MX0]R`H=[`!F3\WR#Q.SJ<@K2M/>VZ)+$[RTJL[QY7J]`LQ3=M.ARU`[R`>],
MFX5\B1K[-H`@_ZO\??EYFK=<*;A6!EE:7$F>(T+6?*=U19=A](E+MAT;W.V]
MG]Y>QV)@NRU]V61O-]^]NRUY7K"A$DY=Z=X*J'4Z41NP'BU=4PGL_5D]5,V,
M8_HG0M5HX9S`%;'NY_=T).ZYF=!P\B,JU\8W@_HBO,PJ.VQCL=,VV+HTR0,?
M^[6AZ`Z%Q;5Q@8A!.<)^<LOT3`TULN4^LS5=_XKU%DI4@D;KG483-&6?*<W*
MTN5Y;HV*%V0M5LI:')"6E%5C@>0++/E294G644T+ZMKD!KCDJ&O39$DL>583
M.^=R?9MQ;<=4TH/)])&"])GSHFIOFM5..PZ01$DL9M\41!G@]S8Z*EJ7BF1I
M2NA2(9NFJ;'<I62:)LQPA2X5?=!VE;M4E%%Z=]BVZ2*0E6L/6E_E/U&LPMX]
MZWM12L7E\ZNA<"ATXX!N'()TXQ"U(6O_&GS4Z8#5V)45^HX,33\TYO>46>P)
MZ_CTYH2]H`L\<'^:<G]$J)4@ZLG"UOJM0%?Z?OH_T&]%@KVPFOJM0+,5$?2#
M`(+0:"18S&8KT&FE=->#Y/J)E="WZ`HS(>$==3[@Z7';E*Z?VC;17AR;UWHS
M@_G(JD8$;T%0W*4AN2:)0ZS.<12V0N")<S5B"?+=2I^U;-P]@`S\_F?@"^!*
M21MK:*J/<UVY=!!(E2%0T4!.7O>!5*&"F75DQPRG8W61S^'6KJ'N)O6+;TU3
M72<#&_PK-/:NV"Y,PO=U7ZS;%^O<)"N3(>7^1=<6KA<NM\(H'0K@VY0;B%"G
MH&9S-AJ2R&`MR$"N#.PF`B7R6'LO`2VE1584`,!_JGX9/RYG$Z2DRUIQT[FI
M<]G%.UWT&$B/<N!L?45,9\52[N+%ZMR?IP@EO=2--;*"^DSA(3ZY):D$(Q(E
M\UOH<U2B;E8N(^H<QV901:OQ)5#56[DN"FB+(-=G6#=_AC[X%4%JLKX-"#H(
M^JZ"G@^S_NQK5;#H&_O+W%+2.<LG3):\&U")7:SBG;`+>K^JIO:LO`V7+]Z>
M2G(4&=LMLDKTYA8WF23O>'<ISK8Z!Y/-^9UVVGIIHW,E=4-\M8JL\J`@YS>(
M9TH\6XA$5A'0)*^&)Y."U&4K)5^5O.<.<T,R*]G<Y^X7R"KEQ0+6MC^],<NB
M(E>:5D4-)\HTDN<A3D6S*O&VX)`2I>TU14<\1.RMK8R%O_ZJO%[N9_'X;+)%
MY#J;;BTOD8=20WY;>QJ0\`J;"X)6KZPP"T<NWSHFZ^>K,UD1FCNW#W]ZD_M\
M=09Z<OLL_@=,5MAVD)ZSSU1_!LY8;ITIQ[D;IC?+L;8_ZY%F3K-0ORSS0$L#
MN6@-G9&!S-3>9J8*FEO7D\,\"=$'35F]TVB-VG+7>G>@+7?5EKUI'MH/Q=U`
M=8F6%?<`-";/WG`(86:DV_,#H.'ZKU;Z<)0@5UIZJTU$JRP,;3/J7!0-N*9L
MU;H!0H9G0`R&M@"7X]S[I)H/FCXAU7Q`$SS-WGJ:\FB77.1W8&<GK?B3U31#
M-H:RDIA%T1"\)7:X*DG4J)7^])\\HK41.MV'^G@'[\U8`5U0,E(%.@!T0#WA
M&I#]+L\S;4YYG&'Z:/5&P\;C\L6Z-C#UGC3*`W^)=F,BV0\-ED@^K$"%_L1M
MZJSA5+0/H3M<:I^P\FIH?SLXW,;0+!ZKQKQCPJ5N_I03:.4KYC1Z3":;TEZ@
M/X?4@.9R:'8/@Y@O%B9OKHFB!C@2MU18L>LU.Q^8Q/\C+P092U%`[]K26=;E
M'^6<R)!-B'P4!_2*;#]'"=9&L+XU@=W6WVGP%(Y[P"8#Z7X4-P5UT"'5,Z:*
M]<GFQ\Q6!",5=$UO4IS:4'LRZYV*(@$Z25R=]!?6%J_4$YU2.T(?`[JIK$+(
M)%R#_I!\*9^@HT3543R2:R*#!6.<,/QT\:ZP@`PG2S);<F/LBL5JIH;Z%>NF
MPMHNRB[R)0)5>5.N"]UQ%KGO3/.HM\C-2E?BMD5'VC(H(!UN39@6X\8-PH^8
MZ81TQN]&#%]JQ+)YX/'V;!9_BFPPYBHP12@O0)]#J5K38C>+3P&U(>^TNPPB
MZ.\ER0YAO1GHP:";:CLF2;Z0]"M'^<[_@<:18`THZ/$Y291??T[[B:8?F9]T
M:QJ8LIC\P#:446E4@MLIHU+`3T`\U!#J-_B%K2$DFAR$GK&N4\M.W"J4C&JI
MED0BE1`J:!P#IWAJ<(TW@J'[G1$X2U27>[Q#%R9Y-.3.52I=&M)5XXHZ5G[`
M.]@3QC;2#*Q>(&)HQD+2%7,J[IPUYQ`WV9-N"S*"5K5L%F=T,>XL'::<W3[<
M[#*"7QD#60%G5F9Z$-`K38>!HW&;DQ6@Z,12=$*L'C;L&?L[C_%+(FE8OB='
M78QXOD3X@YQ0\O:(4Y/S-F42LZLKJZ%H5[J(%X/#+#LFHIL65J=VX'[?F39+
M^B9J[-O(P7+Z5_G[FE\<PT(6EI#M+"']@U7E)<8_4+^%R/1'%S7L\ZNJQK"+
M]`>DJ=?&.5II-M+E%MBR?G[1W,&W+]M;#A:74B\NA:@36PU+3P0CRR'KF6TJ
M/P:!FHP9]P<?52V<BNFZ$"^0OK-'6G^M82[3?:@"45O1W"1%ZG`E*0(^)Q#0
ME,,]+#M?Y%"6W49E8G!%]16E_M,K,BZU.:4^)@JEE=PR47KOB\&^D`+]69TT
MA)_IBW7[8F5D'4NN5BM!:!,1!HDB][SB(^_`>&N:ZCJ9T,R^.D-H[%VR72H(
M8+`F#%896#9KHYFV6;P%*<B3@NEN,E#NC$#OI:">/._ZY6`*4I`ZNWY&%]"&
M39!B,\[&4%RJ=_K%.W79#*1'.7"VOB*FLZ*?$K43O)]?7I)KR8VG6(-NO5XO
M8>E-2@E&M-\8O<0!UUQ&U#F.S:"*5F)(H&J0<KV-&&+=_!F&'ZX(4I.;IP.4
M2ZE%()>C@Y2)4%52CMG$83-[U*P?$?"ZX2Y6:F[V$ZVL"TH454WU0OJ*U04E
M[Q=L:0N#,SQF)^],0_5^DC5KQD==$<E\\!?2K$X1R"9[:!4SZ-Y;G!?M`)7`
M.558U`%G[`)H%T`[2:;AH;F5_:K-';Q2#L@5-A<$K5XU!>EA;2>'F"M\\:[H
MCDI)^\W0*.G^FWY2S:7<8,V=MU<P:>/$.]FC$;;'59&7<*D9U)?3D!ZJA0!@
M?U'2KPJ.M-5X3$Y6I+9YNJG*N'+8ZLI/#E][ZSWL&A':X$1LL?B<(EAJE@H!
M->^8R+SB]6'46\DM<HZJQ'+]:^?(T6T&)!#AUJ.X.3P`6>Y<EKNKD^C+SAG2
M&4]FKQC;-Z82KL3YH9D`7]QY&NX:/H]*R5[S43(-;PW?O4]9$LWY/9TVAK2F
MNLXWQ4`4-HA"H_UE-L?4XGP"610P.NQW7N3+B^]:<@]P."*U&<W9I!H>J@6+
M$F<QSKI"FL&.7Y^M/9H^8MUU=U^UU9`@O)D20L!+CDAR%@PW=/V+!#R;"Q_#
MX?3R0B+KX7310NV;FARF@-\?2R5-!P19952P0@Q0YU_F:J9@$Z'R:%_*QDBK
M-:IYSIUT"0(]`1(*_H00WG.U4WL['EV%8WMB']N#TZO=YWI`L@<D>]2:[`&9
M6^WG7((00]*EW++;?;V]CBTQG-H%T]RL>`MUBKC[%6BSN6S^1<ECM9"$DYF$
MXU^53:XZ)4>(_#HYLH&Z7QWGRJA_0;@?#=+9;^GTKTAQ'.2R?5]Y9]LY',D"
M>R.83[A33K6?]GZQA((R)4\(Q$D%J!:E%PI4WI"@\H8XU=&;P=LY9L$<?6JH
M,].Q7Z=+.BX%]1II15,>.,9VRBQZI*J>\Q/I\8UN:@:F"W:ZI_Y$HTFCB0F0
MOP3Y2V7RER;U#TO`W)*"U*JRHM\?[Z_"F@;.',B=Q2O:29<P]W])71<E)7.Y
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M\C`S(=7;*,=6N;VY.?>R"D@#R>;R6/F=-#>G2U&>-[OHFV&^6)B\N3J(.I21
M5!W%?,-DS<X1))<&C\A8Q`];_H6UQ2OUM:;T%K1('HH$;>]"-:!;B-Y,PC6L
MQ#<A0PQ_OD$#QQZ?B7P_524%_=Y:F09S"HKURYUIT,'/3;)D^IVEI8.2Z8N2
MZ3)I0D:%DR<+H'7JUCJ;'S-;$8S4S1[/K69H2V<)2DATA9"A#V.\&[KRJ2@2
M@]))Y:NZ4&J9AGJC8>/Q]FSFT^Y?F1D&<%2@MT<%2M2>*8&40<G8!KN/K->I
MH;)_V.&&-Z0S:M:_53F66U[JV$4<M[<N*&`J8+\4]F4#*B"BD_,<<-A1-*!+
M$Q+IWIEJ^8!CK_0(9#/W(X^XNXQZ0%`_$-1.)GJK>]-?-$LQ'3H6[C!>ZN;/
M$O%:]![&_&1%8E8L,SJO'FP<;XA6YK*^M[IYBZZGVTM68J?P1ILGMUEA6U;:
M;5G(_=BL7W(%8%!99<5*XGJY0HI]/[_4#&2PI>R5@P@=&4[*_E3ANMKBYX1N
M3&18=`GGW<4Z82M8XX\_6X>?4W7\^7WA[]4,/40L^A\F:,,I\A^\"Z+#X65"
MN@7EMDEP>^M#M;HZV2*S#9))NL[@`)<)LM?J7Y%UGS-;HS?4(\TBX"9-FUX,
M:!D)UF5%Y[]"X*:62[>.0:FP0OJ9::326#?GL7V;/3@OE(ZNBXB#1EERRKD/
M^#2](E*60;"64\**B=Y;A%?/?[@T"=86QA4[GF.P7]FV</W)8,FZ%3,*8]71
M,5TY^5??SV=XA5BK<'])>+;F^]7G]*N%2=;W\[PY:.]8O45V+_I;"U:](I"Y
M&A@6&706QUI(DRM`>V]]ZRU6ZOSLK^N@[9C]%'E2;NH3Z`+)A6[K[*("=+01
M@4C!''2`UT\W;'C7:#6K9".)R"/]F)"[?HJNU[U.UOD#JT6?Q%NZ]:'N@Z`]
M%PIY'BQ4\YC>L)HHE`3QW*MX;[V.*W@,1K/=89OWD3?4L)ZK+(HM%7H?BG;+
M9QHH-QF46^4](VDU7,4JI"99F8RN827IYOTV6,%)YG1)LK`L*IV:A_/>QG:K
MZ8%;T\"4?^0'MIML332&I+"JLB=K4I@<!Z)Y2<U\[/='.U2M5\Q+:CCD#6LZ
MK__HJ74_8,M]!^0PX-UHEOU56[S**6:\($3N/#WCD371MJ`A1TWC;3)RNN@(
M`Y:GAMR<5KO0#-G^]:Z?9E4K)%(R@FQB+&B&@/A;[G)8W.H]V&ZQJCG+)TR6
MS7:<DDU0-B`RDVQ@*1H^W1ZW%/LQ2R%NHR79H"^7C=BI!U(CUF&_NG78%ZS'
M3,TG)+8YOPZ'KR0^(@&5?,4\NR[:;B/H&=`SH&?ZIV>Z.ZGB"W"Y7ER]25TJ
MV9!KV!DO,M=/::"<TS`V+@K,1V.5GF3?IH!Z*KVQA]PGU9&V#')'`X5W8UJ,
MKS<(/V)&RG2N\,9SR9<:L6R_:4+\*;+I">Z\I0CE-;'.H52MZ72;#R074'M0
M=KR5M21TVI3;!@NX@I5Q52E&UTT1LV.A'IGPR@7JD8FC2`97*:C:J<+-9V[@
M@$RNZPPG4:3SZQONCI(\4P+"TV261XU',@22Z5[*UD[!:S=JA(Q'O'(H/)"%
MV3)*XP2'9F0MN7&RAX?=@%HAB`8EF5ODY\H&^":2:0>`@8)%>I.GH#87&H$J
M(_U)JZU09J2C&B,-QBR@ND@W>S0M'=*"5:"DJ\#FSH/!&E3$O91';+FX3F['
MW9G&=,&.=M2O')(%B!IJR@TZITF=,]RZ1L'BJ=UVW#OZ<F4%O3]ZL>J915_4
M0T>2NMTV<=@TV:Y9/-?%<XWGR-'MV4^T2BB?K(=85T@S6$;3V?HK5A<\8J.[
MA1I>M56\*J5IJ)1A"X/"/%G%^]I0S"4.LI9B.=:N2G=K0;"W6>QUF$6)^"[I
M#-NVSN^R[G,+%\JJU8KX%DD_R69<G8IA.]Y'JENFF5_G\`KPXZN*W0#4E@J1
M]^QG*L_3-1SGYG)E&G[J87#5`R+T.[F%LW"F(?2C4^W/JKVJ)>()OJ&/=DZ5
MA*EK*E,'`1VITW%/1^*JD$#W/YDVTB-R2V5==U2L7AL7B!A4ZT`M)Q&D0=;]
M)\$BJ#PUNZJ<N#:NK*"`+2MKRUS'ZA&QPMRWIJFN0ZUTAG7S9[@HN2)(329J
MU]B:1E:E(%H#EKC'G&2L*T;YG.VK]2Y7JQ.L-UAOL-[#M-["UJC;;+TC2WG.
M$)L@Q8XEH7EK?A8X22JCBW<*:`/I47MQMKXBIK-BO3KB>17>SR\OR:#]QI./
M03?0$!ARJY,2I(]E`41H7VOT??,QR%S2USF.S3"*)B<D<-0?KZ-FV2T;M]Y&
MB#=[]R#5V5+=8E!::O$>P"JC@KR#H=TQ!BVC"/3>PA5MR5:Q<'R?:E/R[A8B
MA$"`*MFT(CZ`88MAJC\Y%Q6L6&&:1;12-%_O?->2/J6WC?[%VRE/5IG+V$27
M5>R*$QNB99CCI*H3W=G4WBEGH9>6JE3R4+1W9\8:#)`=QU8VN8:';L'RY`+#
M>X7-!4&K5TU!>L3YX>:0T1+I^OH+Y3%AH7'9(9L[ZTA;WH)IPWZR9-UQ83\,
M]L/:28.7I$J):*=8@AA!A0Z&-6:;@*+8&ME!6`%:&(J6'S0`O1$XJ=[*HK:3
M_G?89K$=RIX0V/E/S#GH3U<<<-:_Q2-N^4QKR./(.^I?P/B&G8Q"8:@U8MO3
M,_\B5C?D4?B((8`$0@&4DZP>B&`)A)MJPJ9@/ZB(M%AG_D%+@)803DL,[TQ\
M0UF%3>5<0&HAI&%4'`?D%[:2;57_68`I)%C!48#=97G:]YRJNO(DFS@)`%G&
MD/A?JV'N,.NY>VG.[:2[(68/R6A;`5249+3\CL([AKRK#&+0&7%UY7LFMQBY
MNW9!B:*JJ4@\R%GV3E0&S0#GS>!\(D+W$H@U0ZQ9VEASD'G3PSXMD\XCTF6S
M]N(%>%AL[\PT?_"_K@AFN1U/K\BXI`;H`1,%RUY:L71>6+S@2FFZ]#8&ND4F
MQ?9=9[]H%M<)6#U'UNLE)?[FWM:Q+JJRPG,`W6$W-&#-97UO):O5?LZ)1N8W
MVCRY1Y@A6>@=&CI7$MDHP7H@LKLYOMTV=,X%?&]7IGEE%O.5PO5RA13[?NXY
MW4B_<A"A(\-)W;#3PM9_"+\O_+V:88=U:O_7J6TX0?4L/OVG9$*Z!>6V27`'
MY3.!C@,=!SH.=%Q?_+A2Y21R4T4N-6+9-QHV'F_/9H^8$1=.X0Y'OY1(9"E`
MR*!D:M-)^>42$R65]9XZVE[L?MR9!AW\W"1+EJ[`=G#;]`EZ%';9>#R^'+MD
MM>4RAF#RL`]:)M0RR'IEQZGI/VP[Z@WIS>SV-])JFFD7?GS0NI]'&Q-\O[Z0
M5,G4N6/>7K_I(A#5ZEO4=B2]&#7]T0]5N^*4=_.I73,-E7MQ>>?S(CO;AAKW
M\V25RQ+>[6Z$:0MZ@O9":0ZOWV8/S@NEJ+N:QT$R?>_Q6#SQ@>.MRDG;P%10
M#EQ3JL>+CWF',HR%SX&DP[-9H]K$46QV8,QC%54.L4*5/<%L-B$C9V&S*=ER
MD*(J-_JSX[&S#H9*LX)7FA56_]9=:1;BS+V+,T/]U7:BR@V>]*A:U[7D2$'8
M98I=RZ9W!#_+4KGL[&Z<'I#&O,6JYBR?,%GR-(9>*H#,.0(&`@S\A0C+_*C?
M-";[&-2R+1*$)%B&=F]J!=<3_`^"#)FT:6&O)`8ET0Q3R3X)TDI^M;-DK70R
M@6/0X#H*5W)3I)6T:&?A1%I)@[*`)6^O]):TGD56518Q/`O9!!>LY2YH;Z?^
M1[5]FEM'MS6J6&VZ,/MRGS)ANL-)]H255T/[VPF+$7W1"+V):C@%WYHJ3K;G
M&7I"LM"9N07BD@6'>LUL%J+\(@]9D.JM5>K=:<7Z"D(,PPN6W?5LH\8%G%:4
M6L?UK>I$HFX(Z+H:=$8F36%I#SI/EFAE<WGQX6'<S:<5Y-8+E4XFER4&Y&_6
M5SD@<G+F]FSF4_I?F;W!P0[VUB95.V.5AY3!^;O,"#/2.:%`7;PKC'PK@E&R
MD/UF:7Q<OC!GX"O6384=[H1\2Q#!B`CFP:,NMR\.9_>=:3SWQ\/;.E/%EZAO
MLR=*%\LA:\J.*Y.N=`QV3?W[2HT<Y0]>J+UC]9:RO0\>IV"G^)O)I,OD6`N)
M=(5X'Y1>D"4?%61[NW1+R62[5[*5OZO]@,D*VP[2<XY;U&]X)R`Q-4I,P0YU
M.=:"'(1]`7@]'3="UGS68]7S@Y'!P>'!X2UF!4LDV_K$7@&,&]:'V2(.^F_#
M^3`XS-62FRK'82YIY:%:MF?NUMF=:4P7V%#6XGD()4]PP&I8,ALKP&JX49>@
M^;,K!5Y!64'O[4[<-F?&=)UU<$2Z]B^L,A:'1P8$++Q29N$$.K&BSU`"`P-8
M_?1=,^^P6.N5/DSE&[AD.S>7*].(Y1L\$#S'A%!ZV:;R@X+!>:'VA84$*+&I
M26$O)E1V-&/AQQ#DU`^I3?8LDGB!R&UITEN,%59H31YG.J-$I01"BAUK<L\K
M=U*:_D2KI#6[>.?E&G7W48^\#.G9^HJ8SHI^2IP@<W]&E3-K@LJA7J730._+
MBN02A/>K828IWW+62B[IZQS'9A!%C]_%4#2H&$*-<@M"UT>AD]9*[98'W3NH
M`D8J>C)?L;J@1N$+MK2%6SPZMDRFGI_J_21[^>SLF8;KJ(RI]L=&UE]I/8S<
M:$AN8!3450_7V%K+;I.\IW#R]VO\A2/U0W&J%$23N8611_I[=VXF03`T*OR>
M\Y(_L-H:B86O<)M#R2T^@B5;90PKS?.@:5\>TQO>T"B4!/&"G[R>229H!^4S
M;3H5P0T).ZKR8++L`&I%9LZ+JKUI5J.;+D-6',V7W0H/`91A[W`]1GZLUB%O
M6--UMKKRM(F_T<=CF5[R'E9O-%E#ZOQ,:.XTO6A;QCS!;RP;M6BA%`K41X6L
MWO+C%KQR20?F5%JO3I8\&ME$?+")*/)(0E5_;HNTVX9S;F43"KG6.85YEETD
M6<KAR9:OQAT@W"186QCA.7*F#T%HI!2:X.WY/.W`@K13F7N+LYMA##%UA&9#
M(<U$6<4;;5ZBA*]FU%7"MX>UO+/JW48)UK"IV82'.OU!(<N6;R@XF0OX_D08
M*V0I[!03\DN6/>*50ZT'LC!KR:)Q0*8/9Q?T"+#X(+!ZCJS72]W\"2&@=B11
M]A"07V2L`(#UJKNBK@39(!Z45JG8/Z38,[DS#3K(N4F6;#O@4;-^@&,BO&,B
MLV>0![B&';9M>JD,1&OLN+;90H,T4+E_&)JDL?+\L-1I7:%)JUT:[`!:K&DV
M/\:M>)M<%37:'JE'BD?`3J!MMC624?E4%(G^[`?NE,G=OL<#"J=K*0</IP\>
MCI3:!+9%Y=H6K4,G2(O]ZB<'6LXQ2YZ.@EI-0JP-I$N1ZV=-^2K#E;Q6DXBQ
MU![7](3]X=[N#POFEFVMGZ#*ISR:,F<Y6^'0>Q<GWGM35[S$^?*.#I<W&.=H
M\EBY""M$4?=_6LH9AYY<DJZ?FDM/EVSUUJNH4?$FRJ:6]/4ESV;[U?QQ;>:Z
MP5)(AJ50&^E[&[9;-DF&6)G!&Z6KMWY0]4@Y^$&":2G!_""!/)%NW;8!Z80J
MNV>PU36\K2Y)=`'L*347*37)RF3<#G'6O,\`2QQ9G0?95EY%H>`\Y(-FV*XB
ML5CE@X>TF0+%>F%7I>9=E6^S)X(1Q13K<16NLII/,($E@R2)%!MK`A<`2#S-
M,,R=E6WT0MN5O"'@*.F:H96BX:`I1-44I<_E-IQ:"OJB<@RR_:.X`HAFHX'(
MW2@IC]:(5]+=CU72+2IL'R[*Z$+6)@Z;)CL+&,8I'4)8FBOOG_A=2^9Q9-UO
M72'-N#$MBANOO]DCUMU(^JNVBHEU1G^SX+=K0S&7.&B$=6,J82LX-C)O)^KB
M77GEV_N&FCC>%6RU1X8VM6VBO3@VW_(VOU]?R*E)?'AO1_Z=^LOM.CP?75XP
M,!->=8ZA`$;N$.K$45L*)5:'>+]Z'>+]9NH0;ZN%'K$2CV([]OV<6A]GZ;!=
M.9<AK$,XP:^,OPQ/C*LQ7;+M0Y)N2V&K]DC^FO_<)X(,RQ6PJ?I/Q[6+<JN5
M7?@1*I?=&%*KEU/<:SZ2-U6"J0.7<=FZ5\#)8B&7.G"RN/^++[&R0&1:>?D7
MN29RPZ&Z#M=@WPR"71EF[[/8"RDZ<C=%9=-BO5AF^5<58:G5!5=%T`S<W]JV
M2SJLJ<32(;"F$FU-)4[_IOKZH/GQM$9;V=?29Y1WP`@3@>[GY]1RFKJF,JA\
MEW;A(U?22#0$VZA3L'V%Q!(8&;CVV*G.8>N-$W>-Q\#NLP":"8(A/2ECU'$-
MH^YR:"!1#E2/0*I''MG:-AY1*M[IAZ?FR-%MEA,`H4X!0IWI6&(.GYH.:@H4
M<^U%E%/8-4R6(E&Q]GR#%TB/!!&V.YM:__$W'G;CE5;DE'Y*V\\)VHI0MZ>^
MPV=)!O7VQ-FNM2H8C?+S,>``^5!.:F=G:F2B8U"R%-FLVKZ`7;B]%BS+&8MQ
MQOV"1N]!ID66:4$W(2)[@CO4IPNW0DL*3V_U4U%<"_03Z"?03Z"?LO63:%VG
MNNJR`IN1L",@Z([``#<CH:=*+7H16D6!'P;ZH\?ZH^%\AC%X+_UT$^IPML8#
M7+/TH>?)7UA;O-I8G;Y1?B^20P/;OOG\1KJ'2"9-N\^:[LZ?@!XHO?4O:JXY
M)D^'7/!^*N\8MU_&3-!`LF3^(517JUL_!KEAD5((XFE"*''2=0@;=$^;Q45V
MC#]E"W1_M-U0,_P?T_G:?C'`&;9MG=\%*?^0\I^7\K\K@`9^!J!J)261#P1D
M[%'`\0`Q79R<+:4.#@L(6H$HL?J95%K]/&"RPK:#]!RGKK'5D&PR)NARHL`/
M+L?:#OSBB7Q1`%BRP[XMK(UE6QMO]E'!,()A[-@P"NI5UKG:BY8%<W^^>%=T
M1]6,1=X6>M"RH?ZU7_B5=8X(T;`ZM8-'RBF#A0O`7:@OYG*P!`<'+KWBGY2%
ME*;>I1<-YWQ6]WG$(+4@M2"U4JXY^[(?"Q778/NU;Q77Q/'@^[3;&HW`1N(L
M7[$>7;@%[25ETQ2]WWZMR#^0W$KY68U'SAZQQG0L]</P`\%+S5E:ER:Y]K]C
MK4&0P3W4!V*JCF+/7,8D-IB2AT*"!WB7]U!X10F=[<+!Z$98.18./,^IPBJ\
M7..D!T2D%8_`F)1K)Q2=:G]6>"7/H'[1+$4WK5@TFJZFZ<K7)&KLV\B14?I7
M^?OJWW0<RPW+%H],EQD6<Y:JH<`_R[@%#'H;]RS:K4@U2#RCNLBP"5+L5'BS
M5'?.BW=JOPVDN]<]TFN,Q=GZBIC.BGX*!#7Z\Q0E%TJ^<CQS+,W`EN694RNR
MY^@9VGM*G6AQ5ED%KP0?VF]M6<@'?^LPAQ%UCF,SIKS67AF@&J14%X9"F?Q,
M=9V#*+VX\<)>7[S(EA^@+`APRBIRQ8%(AJ<4E>H$=3:A=PHORH/E;6/\@4:Z
MPN:"H-6KIB`]V99`Z8-!R)UIK,"_4D7E]CQ.M'M5!V2]3@V5_<-696](9[8.
MU@ABKQ$VE6<H8&I_5M02=\V650QD:'#=\\AB5=0S'V'FD#>LZ3J/\[J[-/YA
M$[XN10YCPXUF45JJFK.4$Z3,1<B?J;=:RI[JP#'53'?A!FMZPS&'EHXY"%R'
MM9TX??F3L.%V:[2;$CL>DM]K"UII"%74;"/CZHR%R)KCV:+R:D!KM'-N>)L.
M?26K*Q87JDV4*[W1YLG]OG39V%OTKBU]3V@W/1+N<DB?NBE@!<2,\K0QWG6O
MG<(-B4;V:#;4GLT%?W]BR#MUF>#KZI`Q-Y3!FEY>M["]99;OAWE@Z5(W?VY9
MDEHV55`@?XV5A]YT_KZ`C2U(6BX4>BMI#=9+!HL.%ATLNO`67;!=C%(GOTIE
M+T$Y3B'2,`0ZAE7NN%I;&5E0D[/5Z'^1TCE#?&=E]HIQ6I@+7%)9Y31OOIX7
MO+T/+JT?W.J*DZHY.N"Y29:,"TP#@>M;]PJV=G^SXY6KS.YN'MY[JTTZ6U5O
MH5D:Z*XV#`W3=HRLRP4]:!T1U]B[5_7=WH=A1Z\H\->/J$P+1W!?P'V15I%D
M0+T_.F3;.-WF<WV/RQ<6K_B*=5-A6=NR2VF)$W1Y4QYX)(9CC*(J@K%;M'8Q
M=@@8DQIC%##5,';X:>^PFVA?C;F^T+`5VAX4#;?E=J0[.H`"9T.+&/T]-\G*
M9+@+\VCK6-@,(UE9UC3A`O')Q0/(2]%JO<[3`I/\1_K+61=7\:HC&9NF]5=X
M[.'^81VY\I/ZK6XAUR,U3K;8*]]51;10X*6VDI9#W/^MOF/S;<87:VPM]F`R
M&BE(GSDOJO:F6>T<B8+50I/ZJ?F#B/[;RR%)/%VQTVI*G@CI3KLLMZ:!*1W)
M#VPWV1\-RI"T4(:$V<8"?O8'\8/-W0U$S"28WGWQKKSRK3DOZS(<55`N.#(\
MN450\-3=PF390"ULSS:YTHQ[OE]4?Y5I@N>84%K/;%/Y(;>@EJTVG3'E_EBH
M$@CAD2<=:<L@%!`X94RE4>5P@_`C9GO^L907/_S(*$=]VD@YH>`'.0'$XQ`9
MD_,B%(G9U957D6:!^[X\'O0'H]ON>F=D3VE&1O;4]KOCZ4?,%&P@.L'8:_TO
MF5E5D&7+"?N4WHS.-=27V9.MTRW(RO**,K;6!3[D$32WTQ'D;)>HMQ[9:F"=
MSVJHL'Y&&?8S7)I>$:0FD[:AYGIVS?7(!D"$&2W+G;!5UO.!-:BH?\?2_?("
MP@S"O+LP^SCJCS_=1,^$A*Q!PX0037$2U8GG07=+J&"!MCV5#F)0&HJ-'80'
M693`HC33N>0<,U=%IVOJF>G8K],E'9>"Y):3#1U,BJ;<23RA3YU,VJV[G,RD
MK'K286I9V-YPS`'2H[<_^PVUG.7-3ZU\*J1`F/ICA7?6D'\APEHV-YD=Z;;H
MZDOZ=KWI?]FT:2%O,L9WD(?JM63JSTV632($++4B=Q\"03(2H:U/C>9"CFQZ
M$0^RRI%?5[X74*$`@?3T57HZ/@/>3F^;;3IB=>9G02A%2M]NR/&4OO?&*MHP
M*!M$9?8UI#7+QSDSS1_\KRN"6>#OZ149E]H;?J#0Q?[:5S;)K!P/8]9I"[KT
M9_U3(??!C]_<F3:V;DQDL"Q/[^`+.\"C8(T7N3M;AY^#A";_(?R^\/>4T=$=
MKJ>>L/)J:'\[83;4_W%,ME'(#\A1S:10#JK_="SZW:5)@N,W5PYBD1N,K0=B
MOE%PJ4_F=PWG;VR`F>NM;=D%K^'X,P%;K^G.PKRKFNH%_:!R77:H3UM"&YUA
M.@]5=9"NXCER=/O-OW9IJEBO1<OTJ!XMU(C=30^4@]N@O))M3N&5SWRF?J))
MGZ!AX_'V;.9[C?^2.0>ZB3-S6V7ZY"<]EZ#ZH&Q8<:'TZ^4**?;]/.T')."^
MD^/.WI3MP_'')5Y5]H@AN-V]=;O;.(VXH:[Z)LD09Y7!1KM1NGIKU^LZ70]V
M'>RZJ!BO*8D`BH6+8),%*&_72!@\N$'(8N%0*3P[AA5)XJU_/QC2]870.+*N
M`B!1?E=UF"WBH/\V9.<WH/H@X;\EATB.A']!U:"TDK_%[IWTG@\LL020&%CY
M@9\CW@F3HAH;NU6JEE4E=%!!NN?G-*IB4L7:\PU>('WG=7C]79"BNC2BWKYB
M79W:P;._:UA.(:"D_YP@O0CK^_J:`E7D'TAN_1T4^)Z;0P@+L_*2=P&UN^Z;
MP`5\F^+[4]LFVHMC\^U6\_OUA9S2WZ$)W'5X\4)3V?"J<PR%C1RXHJD11P/7
M0I4J)KK=`A[IPLQP\)0%6A:<0[$4HV\&1L3`Z@/!2\U9>E?++K2;INX"LVCN
MO8WZ-(R9#97H>0<M%E)X>M6(O;XW\--/\^G5="S$LG?F-L8&@*^1-)%XE7S>
M^JH4(T`2&I.$_W(HV3G]X\3'(`8MBD$)+H`,-"8#=.UJ\VM!$+H6A+*L`&EH
M3!KH4"(<2%EED(<VY:$\,T`B.I&(F?;.>$!`(@20B#@S0"*ZD0CV+#`2HHA$
MG!L@$YW(Q(6V>`61$$0DXLP`B>A$(IY^TCO6=YH1<6%!.@20CGS&@*1T*"F7
MI@/R(8Y\A.P`J>C8?H!4"",5(3M`*KJ1"OX=4TY3]@<F&,UM<*S$$)$BWH"\
M%,C+:DY,V<O2E@9Q=+*`BGQ4L$0]I.L\4V\8T$C/&/"1CX^IHA#,LD"'`8[$
M=`>)C.(6JOR@A-N.EDK1^HOVA@DKHB#[$:D-;50W3;NW2-F^V2X@112D=%_Y
M?D-;9G;6B:QG*ZRP<BR]AD?F7$%[`"8$P(3H>N)N<,:D8,:@,P`?@N%#=/W!
M3ROR2R2/=6Q`16J>H"L`"[VOA;V=7K#L%7D^G_:0^VQFG\^G(/O`[Z'+]]W_
M])7?=_\#\@W\'KI\7]_TE=_7-R#?P.^AR_=E;_E]"?(-_!Z\?#_]W[[R^^G_
M@GP#OX<NWW?_U5=^W_T7R#?P>^CR?7O=5W[?7H-\`[^'+M\/O=TO>>CO_M@.
M_/ZKM_S^"_@=Y[?BYAX^/SSVD.7>Y#X_/`+74QDP,^?ER;1YK7:'($/!U\:E
M213)3X)O2(<IGG1O4;)]GA2@1`24=.\A7CF(-7C$^/Y%UQ9NDXRS]1WK.A.>
M%KS2S1>D/SCT$L7M!9%[(#_7$'V;!1=_,U1,]+5F+'AW,]ZO-WP7-C!!>CB<
MWB+2MV+?9IN05^6%><1U)2"'NG4.8!.BO('D06J0NAJD$*1PZ%((MG"S%-Y@
M9/7716M&%!N6A`:U0H3;8!5!'D$>!RV/8!]3\GCK&)3V*Z1_LS6]!RW>01;S
M9#&/TV`700Y!#@<IAV`/4W+XA-[/D/*CQ\41!BY^"0:#]0.I`ZD;@-2!K4M+
M'1V.M3*)#=L3?1:]#"Z#U0/Y`_D;E/R!_4O)WU=M\8K)A>HH((`]%L!,-H,%
M!`D$"1R8!((-3$L@1KK]>HX([,'W5?@2'`;+!W('<C<(N0-[E]YG9WNNB*R_
MFHY%KP#AZZ?P9;(9+!](($C@P"00;&!*`J^--VS9)KG_:6`5\LUZ+HA%W`:+
M"/((\CAH>03[F)^+#2YJKR4QF\]@$T$&008')X-@!U,RR!ND9;P*I+!O4IC'
M:;"%((<@AX.4PT'90Y`D,20)[`G@&'`\5'W,&]6;QC=#L[$ZZW\#ZLRY#AOE
M`]#6@/+!HWS(NAP*`O1'-.I;^'9?'V#(E@=D$F121)D$.PDE!$`P1:TH`!83
MI!.D4U3I!-NY.>W6QL3@XQI"V560TG@6;C[SP9:"M(*T@K2";=U:6F?F&R98
M6QB/6*?WJE-#G3DOP;<@MH,0VU(H`&L+\@OR"_(+]K=&^;TQZ8.N&*,,]GCP
MDX<AL-EL!PL+$@H2"A+:*QLJJZ3(EZTFNRX'I$BN4RX?[V^?_PL9>QPHD^>G
M^Q`VDPS8J)B:5[Q`NOL31X@/I7-*1%/75+:<<7^^>%=T1Z7J^CLB&GK1,0\V
M8LOF/VO8^GY](2>0*!T^)^CPX4\?7;L0HBUH4?@0^PL=(0/7Y-/>F/Y?\.S@
MM\1-V%##6V)X]'\1"8^9M%X_$&V)R/H,&WA.Z4L_]A"!U:8.F*N"N0Z`,E12
M-V9N@H<\8FI)'<),^P/!2\U96I<FN?:_.S>7*V30.\^H\)BJH]@S5P9B(W%]
M`XTN/GRW(GB`=WD/54R31JZ**[<+!\/9E&7AP%5E8F&1);*IZ,[%WPZ]A/'!
M--BR/"'$RZ5IS&Q3^2&GC*2B-%G3C4I-8KX=+"4FK2PZ=\?&5%4U-RWA`6GJ
MM7&.5IJ-]$'@I'#N@)E<S#QB&VD&M4B(&-02]27T6PR6[$D#2O(UBZ(X2X?O
MN_*R,.PR@E\9^=^HX5?,I>3QK;):IBP=`$NY6'HB&%%/<3T<'R9CQH"/7'P\
M("+M`K`B,*)3!43D(X+@.2:$[=@.165D31D0DD((VVN+D^I^/G->+$UEP=JI
MH=Z9!GLQ,76=.GI^?*77$&(;<5O3I#\8JQHYA3",D&$80>-ZS:(+`CD=!W(&
MB3I8F`'"FD48+.T`4W5A"EQ_25U_05&:6)..88D@RQ(ALI8<MQ*OV!T;X."+
MLU,K"V9@I[;+G5I94`([M>+OU,J")0@(`#Y@.2_"3JWHB(#%N*2+<8DP!MD`
M76<#=(80*4X0-4^H9H/SL+YL?7TI:"BTX<UM6*&*N4*5`HW[,306%6H`K2>#
MUMNOCK-]&7$&:V7`5-V8`DLJ@R4="AIAOQO0U:"N@QUS@5)BAX(ZV`$#A%6H
M(AG0&!HM;U-DM8&0=??U(@$3HF&BG6JSVV%",1W#)NOG;[,>@L";W.=OL]YR
M?3OK`%R76__75%EZ9A-'8=^KV?7?<VNXATMPG45!"-*U?V'U"WZQ(R^5V[;D
M5S(/U^,;)[\)@%4&5*4B<@YC01X:EH=';+EHI(MED]@+M,!N%_$95AS2@Z9]
MFZ6B-`E`-H8E&RQ\B8DR8-$H2P&0C.Y7T>!%@1<ECCQT'T$`+PJ\*)"-[F4#
MO"CPHL22C&;7%[+B6$[$],'O!L0,2\><8Q6KYY04FOVH63\"D-R_86)A9#T0
M[8TN,*Z--VS9;-KG)EF9A!,X87V]I]"?C,6M::KKN.WUOD+(NR+_YADE@HJ(
M^F":)/Z,^"_3!]VQHD^3%;S9E`N-=B;IZK30A=0/Q[&!_+6.*(U+5X3+`[,_
M%B">-740RYHJ$NX'8M*7V>L'G8YB:J@LEVC%YGJV?EJO<$RT;BA-\:NIJ]?+
M%3'?^.Y@LBOQ(S(6\;O^PMKBE;5WIURAOJ3<8AA,+T1\YOSJQ'D)%H6C*>!1
M)UE?!]6SO@[:R"ML1D(N'6)HW)\PJ./PSCZ!@(@E(/DL`OEH7#Y8CJIC8Q)<
M`\(AE'#D\&?@DN&NE?[+,?;W<H1!MG(&E+9'G_;W1'%"TV)_JQG:TEGV3MQC
M\QJX6-6(%O3>3[1$YS5PM-0>%/<OLN[G7S"/%&AO^)R5;T**+?DF3\E09QD2
M]"=$4@%!+$OBFKZ6.&Q.`69F^`T;#Z9FV/\?)J;__P^8*/0JZKW1V^@'MJ+X
MXN"GG^;3J^E8R%"??M*OUY>4N'+#*DT6%TAUT:6W6"O:D`&L#05KW6_E;,3:
MO8$9B:J0E-_<=ZSM1A?0:X"U'F--7+VFO7.*TG\IR1A1<PAJ_S1MCZ`V)^@%
MB\KU%&AU$`4T&J"LERAK2)=M&^LJ%<H($QRF"X*QF^D06\1#I+482/7'5C;S
M9.#Q/($E`J+)(!%B1[AS/)';%PU=&\H,&YI)[DSIR\_D.1=Y\P2O%+#0^S)$
M.ZR#+TV'I".F$=)EQ1;H%_U$3CU4`9T#..LISH359SR<P*,++.Y9A::O&K'7
MC!']A%IMA`&M!FCK-=K$U6V4*G0I;43(Z)"5[EBY='QZI<OIGB)L%V*`#@-4
M]0)5W>NJRMU+[K#]S2#8K3D41OZND&;<F);DH8CJ34Q*D:.W^JI69#T19%@Z
M#S)/U7\Z+B&'AJ<"(O061;5V5P+])(5^ZK[T%.@G^?53.RBJM8\JZ"<I]--$
M/F2!?A)./[6#HHPN[*"?>JZ?&FI;WR2R0#\)IY\:0M&V&8"@K'JDK`3-Q6L-
MFZ#NQ%!W/<,A'"KN]:'BH:$5CHK*?%1T(&B%8X"2'P,<!DXA%42V5)!AX!*2
MQ^5/'A\&4B$AN"\)P5+@=3^&5TB#&6)D=+\Z-O<EQR9$1@6,C(J*PTD,AY"*
M,T0=.:F.S8GDV`0=*:".%!6'F]<]*M:>;_`"Z>Y/P8+GCA,7Z7(BB\[J<V)6
M[G(E/BU8<U3RZ_*PPNIQL#YK/<-*?%H#][U*G.\!>/3B#$Y=%B1.GY(.#[_1
M+>/G1>6GALIJAFG&`AO*^A%;F+S)6MBH)BS5Z%OQEY>F-]C+;B6#K;9\CE`^
M?3,P(@96'PA>:LX29*-^V:A"\8%+1VT>0@6!>#`IH=>L]RDFEJ?``/[UP3^?
MON#O`(@!Q')K[,Z1#V"O'>R`[_KC6Q`+;0HKO8AO`3QJA(=0E8HRDL'\GYB"
M-PE%'KMFAA6':+8FZ]J[*,G+_ZUPPH"..#K83_V%0CB[OO%]AE=NP_>L+7O8
MWVB[1L;>:0,=ZW>OUYK1UB32!D5.&&S*\RTSY[YI@UVMP"U6-6?YA,FRI\TX
M@C9#61,%-(0:XSLB&GK1\35]**%RY#X@M*/IF,F98VD&MJR92YU(S(0^6V%'
MZ-1+S4"&@J>&RA]K>/XZ?;U#V`]RXZV0$EZLHR(IZ@S%Y.G)39P>E%1HW&A$
M[654/7Z;/1&,*(?6E&]7YAOE6YC&%UQU;<Q-LN0,/5N?4TPL3+*^GT=6(:$G
M=F,:"Z:%IF](TQD7+DTR0[JDDN!2[W.<>J'2+21?G5`OR0%_P[2(!8#^"/JY
MAF.[RFR#PM84I,^<%U5[TZS0I0(QV"P&9>@(\B"Z/%"Z8&UAA(HLPSL"(<@1
M@@+B`?)%1WYA9!6POPG[.P6F`?U=H9_A]!%;+E20?FL2>X$6^`PI/[`ZY<FG
M"0E(03V(L\3N!0DJ7+3&H1I$<`I)6(<4Y4@QDY52,`!)EE*2[TP#A!F$.8T$
MD&=1Y3GT2Y=+3)04(W-E$F2Z,1>W'"?J#G!WI5Y`KIN5:YT=HB=N/0=&S-1.
M[F:1GEH6MD&>MY7GC1QH1Y0+N`AR+*H<,W&YMU\QB7`/Q+8=U[IA@2GPJ[,Y
M#E+:O92"W`""VD?0[)6ZX0.'T`8:`(8V8,@]1C9@`!41`-!3@)[`G_1)1V^S
M*.GZ<A*F-(H"QW`#(0!-&W11Z/-:4_L2:>0[TITAZ:(B`@P*/<71*W<=M%@0
MO&"5("-4DQ,K&T)%FZ8[*&0TX">'F?<4!ZJCX_MY('OW\QE>(99:,E44TZ$T
M/UO?HG^:)'QE1FB&K]&M^_FY:5BFKJF,;=^O+R2%9Y".7P-Y7#U73)_.`AJP
MEFC.?H.0@9"!C]-51JA__5>LJ[9);^`_Y3X69+0?6:C^#<5LKW-HHJBO7FD*
M$$O`7@MU#S=WK,@J?Q$:K)!6[L\7[XKNJ)JQR#P02]4/)6E3AB?B99PC0C2L
M2A]1RJS2$=J>[:DOIOXOP<&V!%&*/A^[26_VF?4'HBT169]A`\\I?>G'IN0U
M^_T2U\PHE-9JU!93/C=R#*2S-]*9D=!_8R)9ZQSU7C2+V05RV1NYY#M#((GB
M2F*202![7<N>SS[NJ'#.3`VO=A1=*SUB!6MO[+%GZ_#STWJ%(VF;R'C$*X<H
MK\C"[%B.)O/>LZ`BN`N;_-S20CZ!)%:21(;\0!F>K:/AAJ!*FW4_OZ<C<8^P
M!/+R9-I(9WUB+=9(!UO7!HM+L#2&"T0,RLSDYD/D-<''KQ3MB')R?8/?L!XO
M&N-?<VVL'-OB%^S+*8M!*9=2%(B4?LDG01TRR:2I,N]=(2S+?)#&EJ3Q_!49
M"XJ3L)ESA#N7)GG@8T^SB?[D!L6I&KZA-D'3>0QQ9FNZSG:70(9[*\/-0@8D
MO_]VN-AGIYB@$]&195$A5/BH[^<[._RRZHUM2"2"P]X??0<^BV":2SJ?!?0=
MZ#MY]!WX=PUJR2U[BODZX`$12@+6Y`\9D@IZ88`Q8W[]R:Y*\+YLNT'@?9N\
MW^\\J_,<4[5Z3K"JV8^:]2.:I,GZ6EPYB-`1K1_QC9UT6;R[J$8W%K>FJ:ZM
M1,TU]M490F/ODOR[J9$P5$34!],D\8?$?YE&GR0;'(-DN4RR1:N;9=&M3N^A
MD/3A0`IH7^MHT@@,\F!S(-A;+5V#I&;T02XEJ--]$-/J8AJG&@AII_WZQ)51
MGHGQB#76#@J39*PS1SYY:T?^)YK<D^F+^8:W$%&W99?[[8I]BY::X5@F0>R!
MA-^UY`_LI[SR3I+Y5&Q19-V.8>4YT8K\9B*S/[(;CQ,>Q.*$L!P69DD4BY\<
M5(^?'+019=Z/H0<6U&*B9[\Z>O;%V*,`]'2/'F%CMV,`C"B`B7@MXU96'*`L
M1.3]1`R/-;X*O$0*VPG+JHK3OU;QZ2F+URJ^)YXMH$P>E(GC`5>)G`&P1`26
M$/O4@!%9,-+.?G9%C`3[7/079\DJ+$I<V:$(&,'65-9$>XN&BE8%T-`O^U&C
M)PO0`)^USO4WX`E6VJWA*8S^$5-U%/N>S#!YTY2P=L"Y::B.)FNI@,;P5^7E
M6;3U\MACQ`7,"X+Y*]U\0?JE8[!:A#?:4K/]QG6`_UKQGT_H@<M"@ZL54/D#
M5/EBY3N"PI85O=TK;/&R_WQT?L%S3"C;V!8SI2@/JDX)82<5V8S_TNS7:TJW
M-TUUD/Y@6C;!MD;X;^ZQ3U:@C16$8F7Q,QX5E1-Z@6:PWPV;:"\.^_W!Y:+<
ML&^!AJ$<;2+BP'T0D>6`*?W_0V]G`%2INJ(WS5X1D?[\2"OX9XJ\B'B`^ZUB
MPZ#_)<&_T/I?U)CVYDQDD`.0@S[F5(ML#\`/ZIL?!/H?<#]$W(NJ[\5;]]Z9
MQM\!]\#9J0#Z7,K!BE<>Q(.RWPWW@NA[4=$OGG\/^KX?^AX\>T#\L!`OJD\O
MN(X'#Z<7'@[H>T#_<-$OCNZ/9Z;MG92LB\&`^1<B+PY9/&B&XJ3J[[%:[_=S
M>@FK87A/'K7%JQW;G/)^DAO$N=,,]X]B\ZPC#RVSC@<#>@8_VL\[VSMI(X.R
M!9SR7%_VZYGWHZ09OW7"I2;1X)F^&:0%M-:`UJ>?)@"V,<"FJ-LWS$Z=Q=YA
ME6*,X`F`)Y")4[;$._FT=R@]3L$3&(`GT$.T@B?0<T^@5YB](J9E.2NIG0%!
M`9M%VKZA]1:M]XZJHO5,=_"CIBYPS^"6F%<WO#[\M'=4-Z]YK)ZQ^C#8J0+&
M=\_XY,[.843,R^WLQ-!2Z\[.)7[A.SM[QPPMD;_R=W:"!IN>7IW9IA(VGJ&&
M_^G5="QDJ%-#G>$W;#SBE4.45V3AJ6._FD3[%]^#D!-<D39(V53PNBI7)$,7
M6-P[_K0WJ;;/DKRE=BQ.`BR6RB($+/8+BQ/A<OK*9[0"%GN"16'S2\MC<?H3
M$95M_P?XNS&-!2O[<6THC"IO^$%'DD,M-DD77@6S!"1ME<4&2!(#28)EA+'P
MUT&`)`B&03"L?KR??-H[J+A.CD;0NK+!>7B_9ATO$54GK&6M22).3@D7,BQC
MYF7S\9_DA'X)5S&L)I:>;J-[P_E,&KC_4*)&'P`?@"]T=;ZN,,P>\,U`\[FF
M:_0:U>VE8I*^;3QOCZ$:(PP%A.X/DG>K=_V%ON\-L46-=;;FI7N08@=KO.2U
M<^3H]NPG6N7A_<RQ-`-;ULPEFY46FOL5)OUICE1(OE"%Y]"O$5'(8D%")I,\
M&+@_TZ0$!=BGYIOR/;FX':#@-`G4V@4X&$V,?2`O.W0]`HL#%@?BILU)$%@<
ML#A]DY?$:GU<>I/*__:1KOV(IMB]B!DEMJC\KS/GV,$Z=]Q*Q*:HX`!@H&L,
M3%K!0/G-:L!`^QCHO@,O8*!K#+02\RQ?B08`T0D@!*WH4D\>%*!HV&N3>O(R
M`47#CJEN[=6PB,W]TM!>'*N7R9>IN?7'BZF7Y^D(WTS!!J*#"NZ9SFU,IO0G
ME?T,4-DJB!BEJOO>++("2K=&Z0/]@SR9@-.Z<9I-V/X@M5Y/[&*YTLTUQMQ'
MN5]E9'D]LA*<\;[#FJ$MG:7<B`VF%6D5')U7G6C-\1!S:3]P+U$`A*/W?B(\
M.B]`>$\0GKG2!/W=.+IAA2\<LD%O`[);0?:NNS&YEE%6U$KA`?1U5P;0!+LS
M+:R8`$T#M'2[U&")^!&OB.!OAM:_.&?N'`>.HITBZ@"<'L:J*YP`,`W+U#65
MYZA?VWAIQ0R4E[YN+/P4]\K9__0%JJ/)6@@[2+7/)%-HX'+HU,A&3/ZI@SBM
MP5/;[A0F2`1(1"_]A&WC*HU+Q,PFCF*S(TJ7FL%.34T-]9J.FQC\E4@/CE.!
MS#0O,U6Y`?$E,:7JV^S!>:$,\;@(,M2B#!73'B1&3(D!SVQ0GEGO)8);;8]D
M%[JVU(P>5`'?!._"20/.ML)9(,]7V%P0M'K5%*1SJ"FF8]AD_7QU)BN><N?V
MX4]O<I^OS@`W->.&F=L+AY@K?/&NZ(Y*S1$+RV+UO^DGU90\L:0`4\SV;9XX
MX*T!O)UC5AQ%9\TA3,=^G2[IN!34:Z0531DP5C/&@DTV2^LOJH)MMF"2@*,&
M=-6]_8K)C:GTJEY6MH[*FBI@JB$__=NLARCR_?1O,\!-`[HH%OS7UU^T-[K`
M9OQ5>ZV7-DU[X%BKD'4$@5L(W`J?056A%AQLW?48WV)LW;5>]ZY3O$,"B$@2
M(&H"R+!D`GR:`?DTPN,9MI*[VDIN'260M#90+2B<Y]M.U6](?08)D,?S'8!,
M@.<[(,]7>#R#YRN`Y]L02OA^&05)Y-3LG?FVO[=I0V.S#KO4B&7?:-AXO#V;
M/6(+DS<LN4(KH4T*9MW);AE?,%4^>S?^M+_7R,YL!:0Q#-V8R&!$=R*P,@E6
M=).U\ZIL5@&2%2%99B3L%7$^>:]-,@KP7P?^'S'2+RS&]?N?AK\1#S(@I@QD
M,@ODH`XY.$/&#^*L;&4-(B"R""3Y!.BOC/XO6->,OQUL*.L'_L*P_81N`_I%
M07\FF[Q^%CZ?`/T-K38?ER_6U%"_8MU4Z+_G`X!TWI0!8Y7J@/$]"(>J`TW7
M65S[G`YB81(-1\*QR&&QGQN-JA#SIYS`XL']W&EZH=",>7:$)C%K:-6-IENL
M:K*6$*\(J.A4`5,-8NJKMG@=!*+"B0*>:L>3CBSWI(<KN[V%4\8\!XZF$ON&
M'D*TY8V&7C2=_AH`Y\:TF%-Z@[#<2TL/'(DINJ#)FV-_=@5+9$T68.`1*^8;
M9H)V;WPS5DA3&<7ZB(3BF7:`AX;R(ZN>JG3/3"KF$I_AN4FP^_D)O4=,S!?Z
MC65KBKRH*)BA"X_X%#NQ*^*<EFP"0VR/45M(FHE2"D*Q&0*"*ONYH(5$T$+B
M>+=-8`BTT'`1M+FJ/F@A4;20J'7HZ\$0:*'!(>C.?)N<!@BZ16L704<%.ZD;
M^IC6L..:?L1,P0:B$XR]UO^2IPDB66.,J>W:Z%S#9/+LR=:1>."_H<U&KK+M
M3?.-YLEI%:D]^K1W*,`:.)!:K'B!:K=&W+UCW\^GBN(L'9V.2^4%Y,[-Y8K@
M5\:M-T^!QB1NVX?DB?7%WPX=+KO!-`+-$%2`#)][A^UO!L%(U_Z%U6OCC;H!
M[/8KI!DL6M83P<^B1J169$5RU*H:=@!/M$WS+NB!R(6L<B^K8`+J`?5=6+LG
M@@Q+YZ^<JO]T7.4NMRA5MW$%1`#+UF,9K]!UE6!5L[_0][U1HE,GZ(SBBE5J
M5^Q4CW"7`<D;*B]8@\H%WKESZ:M*EZ!AY+!]`1%;7ASF,@(BRUO9RY"?E+(V
M<1AM'C7K1TR(?-;/D:/;LY]HE9"?K(=8_J+D;/T5JPO-6#QB5ZM;K]HJ]O@[
MTU"QI2T,IC$3CW;590`,O]!Y6/$H6`ZQ]UEN"L6]P6&"U11:9177(C:%<IK#
MISI%=#M6AT/,X'6=PRN`BU>EJ1I>P$(/4JL\IC$R-5QG;H9M6^=W@9H!-9.G
M9G8%$.B=^O4.$VR*"X_D*1`G%P4=J1__&F_#\N)=>>7;,QYZPE&Y-=8T7E7-
M'U[_M(\L0N]?M`/;FM:?H2)G&FJS)(`.:E\'?;^^$$,-1;)"JF%Y:MM$>W%L
M]*+C)S.8#^BD;AR1.GDHCH(J/2304=NOSW@50VS9CW2DXBS/P#_:L#K+9ALL
MSEKSTT#G;.<7)8$+SI`,"D@@P=_L4^1#K+=.&6BC'2+4#B&L)!=X/X(JGXS8
M=(IEX/F`YR.PKN&U$"*@M;YKR3PR\'J$4SP""?UFKR<;7N#Q@!9*>3RETN4@
MW0=43@E7K*VL0<CY`?T":ZL^ZYNNUS5BZ4;0/]NMLJ:ZSLD.8670/O4NL%+(
M@K45Z)[$WA;W-07*,X35E#SZ)8T>6#\-0H?LI@=`7DO+:\\QZ=9DIJ`<'U$8
M[IVD8=@!5JI3-RQ6O'?":#L^"A[>3/'JK'IJ&B^[\AQ67XF<&K+<22+]UB3V
M`BWP&5)^8)4"<KI@$?B$?;Y$&OF.=`>?K8./7RF!$%%>US?X#>OQP(1_S;6Q
M<FR+7[`OMZB7HT!DD9]/@CI,HLO;SW'>^B=ZRC&W+4T3*=Q]T$HA]_*R$*1/
MF,LE)DJ*8C.L.$2SM53@KSYY"*[YCHC&UCA^Y@^?@\:/N\<+-\S=V<5>D'GS
M^H%H2T369]C`]&Z-?I13!G/`'F12E.1>G:[H-MP*1UR-776.NT4U)H_^J%JH
M-'2$7^S0\0NLZ^V+ALY-LIHY9*4[UIUIR[\N34[4-37Y,^W$C16G<&D)BP0@
M$@9$XFD8%6O/-WB!](BMYR?RN%%!^H/S0@GBADOQE8,('23&7TU*+&,A*4[H
MG#\GYNR=KZHPZ8'KG;IP]D0H6PW-6?K4O=&6FK3AFEQD%4\3L%2IZ!GH+)ET
MEJ@%P;;'&?,C9IB\:0JVF#]ANE77>@:LPED"DFI!TCE:+9'24\V4-3G`3:6-
M,-!`8FD@<;:OZD32U+*P[7D./810>GJ`G5JP<^$0DQ-WJOSM:);F=A+OX_)M
MXTP'CJ@24<@B!71M2-JJK5#O!+/J3W2Q1"-KX'.;?&ZH075=\IR1R76VOD.V
M0^(EZ<,-U`<=JPNL3JG#I[-V`03I<D(FG;D5G7FDE]GFJ=>Q+2LL@@775(!@
M0+"P.M@'7Q#NO7_1M86;`AI#*8/UE6Z^('UF$T=AWZNQ%5'PJ&^&BHF^UHP%
M]W=YCDD8KJ+/=9:8\)_<U!>YH;V)<"[`"BE79\Y,'O&]>%H>]0>EM0'S@'G0
M\TUCW@VV8@!]-Z#/(S]H>D`]H+[7NC[_+,V-B0R+8`73U=B+CI$]1QIY8RG3
M"93/*/Q41\?W\R"I^GX^PRO$J:LHIF/8%`>WZ)\F.:=?+4RROI_GG%C@W+"^
M8EV]-,D,Z9+N$!4<8]E$USI%H`[61%J$9O.FMU9BB_,VR'J=&BK[AW5;I5S%
M08D3D)<=3L(4T!7D15YY<5L2YYY&`TD1'*HUB'8V!$!&RLI(#2<VQR!VI<6N
MCG.&XYX:+M`&@GB8H!.&K!/`EQZ49J@4JZE!,TQ`,[2J&2:-:P:(2O57,V17
MY(B<18<Z+>6!*UMQE`)YWXB+WLI/UMX?R`_(C_SRT]TN(I.4+YJEZ*:%U:D=
MF'5*CT>LF$2-?1L1+OI7^?N:]V6YR_%`3$HD>QUNUX-WVH9WRL2J&HA\4=P"
M177ZL]FH&:Z'FF5A04.`A@`-(;Z&:,>'$%%#W&+$JJDS0IXA2XO+]85E4S?3
MCH8L@@_>R^F]H"OR21G9XZE`2]`:H#7DU1KGB)`U+Y2_,HE-G[ADH4U0'%LJ
MCHKD!-T!ND/HJ`5X'.!Q@-80.9(AG=8`CP,\#M`=(M1"+]]VC!TZ-G5-Y5M?
MUS9>QF7OGHZ$_F0L9BX%4DGR?MNX,\?2#&Q9_G6!ZIFJ;YIEDK5?W%!NX<TF
M5Z2Q;S:]:DU@*2*YUY`TD^9M@5W0NFW"2DAP&-1[%'T?"$GS0I)+]H'+2<(+
M!=$`T6A=-"+^TJ25M1:X2`.#>+<N4O/XWK;[&JCT?N*]<Y4N13\>@>0$C,+0
MC((4$K*Y_PM8DGX+B5B61-1^-P+)"5B205L2<22D9$;5N8ZTY8V&7C0]6JK\
MVK`<PHKUW9B6Q3:5WBBC7V3=#>2:-#51%SS%,^UMEDQ6#`;P("(>NHO)%>#!
M(XR&K7OCF[%"FLK():NY*\)#\4Q[BX>\?!C0#Z+IAV[SHT`_B*8?6LEY*1^[
MF_Y$1'U:K\+\N`=,YB99,ADZ0RR#B5V17&D]:38K&W)MJ-J;ICI(#V[_;[R^
M6*YT<XUEA5.0)Q4EC8NF(MK4N:K*)*\[A#1](2:W52X+(!^0WZOL%`A`#R^V
MUGD`6HBSAQ`^[C'$A<E.Z;X/%&CQ?D)<)"W>7;P"M'B/(2Z,%F\R_A+`^S"V
M"CTL`/MFM#XN7ZRIH7[%NJFP<M'IYAS^(V8*-A`=>$Q<_"\O38(59-ER@SUS
MKI&6Q)F3;1GJ>0SK9+5Z&(=[F=7J82NKU2(+<&,:BQOMC7643AQ5/%OSKV)A
MF[`JI)4Z5RDKSDM3P-_UR"=!?W1L(P@*#VSG5^,?`(K"@];;-R48.)*8+KI$
M"M^`&@QNF/:)3QI04DK?W-NOF)P[A-`9NS<-!C/!RB2'!("@TA9K<)@))PTH
M*842WD_D,>@G,CC`9,Z_M]@IVAV!597<JZKN]]=@5=6/595,2()5%:`$5E5R
MKJID1!"LJ@`EL*J29575?4[.;C;*/[&@R9Z%L*.A2M$!5NB`)8FQ)*->XCT3
M']":*71.3^_S\-"T@1*]U4T-1)X]R@T.0NG)]Q8U]5HTT$+B:B%I5VJ@A?JW
M1MOVQ//L%1'W#..YN5Q1(O/$:?ZM-77L5Y-H_\+J-T/%9&:;RH_[%?O]0:>4
M/%M?O&.B:!9^()J"'Y&QB`2I38<\F)IA_W^8F$\_S2?S4IO;ZQE^PP;_GG^Z
M-R1'80/D\^+=U>C7%I"E./4L`/H9KRZTQ:O-><4_,8X^F9QM]CK\>J:]@PAD
MB\`61!RX'%18P8#B%Q3U8BI^H5;?H+9%!K#`:EO<RD-?\!P3$F?&E!!&6C;C
MOS3[-:P"$O*.KF9X1M;9FBUW[N>9C_'A[;+0\I@G_Q*P89JY<,XCVL`]#1EQ
M#O9CJ/8#M`IH%7FU"JRH1%I1@2Z12)?<F6][!X$N87\=;EQ<^C4->+/@^SD'
M6R",%#\4BHZ%#'5.<65C;!"\<HCR2AF'/)AR!DDNC7E4<#%7E0P=87%,L7A0
M$8OTED-1[!I@L3]8%$4OEMA?UOA1K\BAMP!RWQ'1F(6YIL^C=MEV[^5[\PEO
M*-+,/OCXE0(#4;ZL;ZC%U6,;T\$UU\;*L2U^P23QR,R7:YB:20X,BCN%L_E^
M[@XK]H+LD5-_88G(^@P;F-ZMT8]RB\HV)`HWR*O1J$Y'J1Q:PI$6P*6.8;D"
M\#DN`*ZVV2@!_<DID$=3[(.F`$U17E/L@Z9H5%-DN;2":`KP*4!3@$\A]"Z_
M()H"?`K0%.!3]%Y3S*CLJ`[KLA)P]7X^PRO$*I!/%<5T>"#^%OW3).?TJX5)
MUJPC2^J5D8-VKUA7YR:QD*P9%DTBL%+DKP;FN,,NX@[(C-OPR3T904FCLX,2
M?@15!8&1#;`[BG@Q$$!:NE^U@@S"ND].U300[5#2EH)J&+1J$$LTP6NH:U<L
ME;YQA<T%0:M73?$ZI%KVBCP_3&65H]R)??B3S>SSP[2W>QL[\/NOWO+[+^!W
MG-]<99/U\\-C#UGN3>[SPV-ON5XJ*6\@+?6@GUWEKNHJIOXS7B!]YZV@^OWZ
M2^V=.F7(=HC&DN`5]B]U%UD!E4A=]^^:I*X^)?WG!.E%V&*JS\6OR+].LEW%
MZ0I?-?,Z2W*9U-R^:.C:4'HD$PQ+L5E!7G1]'L"E1BS[1L/&X^W9[!%;U"ZF
MXL*04-#;A((2+E,!0OKC-Y60*=YHW6,F5AGAG$@']N"'A.R$AC%5XN[6,2C-
M5D@_,PVU>COL;[,'YX52_5(SD*%0[%@.81_D%"3>3SV#NEZG]01Y6Q:!8E+7
M.9@T7$(MD867WDI@5C0#)+`-4U8W!`<N_?)$EJK&#LH+"EW\4;QP'P);+FJ1
M?FL2>X$6^`PI/RC/@_7AU%#C7H:L@E0"6KL1!E;,#>$U='DW<Z7W&*U.#,!E
M0[CDY<1O3,OBRH!]\/]1_^FX-OOBG17>D-P%*8'*JJ0`3$8PN1_#9*F-0[#M
M`[#M^]7QNB\;7L&VRV?;AX!+L.URV791,;E%S2;`9$\P*<X>9=4UD!?!U99^
M7G"XH?U(.:-2NS15>/7`2Y/P"!Q6[U]T;<%WU20UU%YL,S%I%V_E9PTKFTH6
M&9`F%]+DM;.`-+F0)H[U+)^-D`17<`"+[U516E\YB"#Z9+\&=/$>JFH^T-7?
MW-0U$W*`RD)>UAR@#9NN*2S4^,Z4>@C.L>7@=HAY#B#;(-L@VXW(=G=G<[:4
M;=GD1B(L2*?G`0NRZ84M5XYE#;FD@*C-./5\-=@P>L`-!#<0)&VK6'+>&;PS
M9/RXGT^7=``*DA/QN2?Q,N8&<>%:4#,S%0W;>$$5`9&V@%$N;C)G!\C9;N?>
M>;'PWP[;<V:-)E/G6A*_RXFD8',^>[*A6<V<[<`M684SPF$/Q^!8E&9H2V<I
M-VPBO16#TTO1>?4GTN!K$6ILZ$L.F1:)_%7>_L3.V(.NJ4_7[&0WNZ]\<,BT
MVGB_BE9+W%*O5KO$+Y.C''!W`+R=5`(EU.33Y*@.E>`8FDNE:\MRL)6@Q!(C
MMM7^IV.3SQJ[P'^2_T/TZ>Q1F8^^03\M1[.+'NY?LM7SE^O_P8CD/9Z)P_]L
M]=P'DTE+(5%6[)+U5D]?T2MSGNPQD'[<ZLE>]O6Z8-R6=\E.S[\QD5'B':Q>
MYE;OL7ASY$(:N9=L]?1OLR\YC]8L\V`R/OY,K]CVR<]4^IZ_T2\2K^#-D%,Z
MD-UYY]#%,;+-E`$H/:ZH\&<_,?*Z+]@PEYI1_$+&179QF;>E'^C_&IES&=(]
M8,);14M-N4WHK(EZOH/Q0/!2<Y;6(U:P]L:BA5/['!&RUHP%KY<U\E3_(YZ7
MVF0JJO!V;AH657LJM<VJ^_/%NZ([*G]7=J3S^_6%Y^*-5*QH2Z1;?WSX=/3!
MM3Q?GO<^C-BD^.BX7([W#L=[_+]__%9ZDG&:G"/K=6JH[)^+OQUZ@XY9;G9Y
MNI2MG]4@7<9)NAQ/3I-D*37/%%S<CNN\U?`VA,@9[R0YWCC[DB^-CXI__VKJ
M*B86FXF]KHC:G$'M)P>U/SD^25(Q_?($FLSETC3X50^(W!.>_*_R6?@*:P<2
M[@6#/8@/-E2&XPC'-X^EUL%O('4X^,,F!L\J_SV9Z8J`02W`.G5;Q0VI;,`=
M)0$W.4IKLXW3BE,AV`6_-`G?%F<G2;P/R;,D@BNUXR1Y#O>.DM2I,EV74+Q.
MJZ(X2T=G8^4G;RC65@2_LM7R&QVF8BXQ.WSSQ5-$[C=/Z+T>Y7>24M;^K'89
M6X:.Y$LU]0L%C+%XX*L\#A@N.V>L)CU[-GTPWU2,S6WG0U^N:F3/-PWL'_H*
ML1*(=B$`3E,*.5,;5YIFKL+CEUONLZH*1HW3O[Z[#*UZU-WQ%SF3D_'^(35,
MDTQ5&9W%)JM)H>,**-NFI:29VC;17AR;R>J3>6<:C`K$U'5ZB2^[S5"&MPJ)
MF?W[.8N%:2K3H52BLP=3[!*E?*))2K?60Y,XG9\(=]_7H?<R5>BC"8,A&[+]
M:JJ[R%K>=%,NU?YA<KIEAA8JR>]:H+'OL-W$D%,.UW%,$\8'X`Z,!3*_F%1#
M>O'3W8;E#^2`+20^_?<_?DL^/GRI>_>Y0Q%JT+>M&#R,A9OS4,\@#C_\^3]L
M$;CI;7&X32T+VU8]#O`XY9",CTX/4TK7?65\&+Q9D]?Z)/!,OFB6HIML+2NX
MIS%.N1KCT^/DM#=,L6CEY&KEJ4,%C&C_JFQ?<NW#289]\)1<[H(J.9;T8KA.
M9M7B)X]3CD`:E&S@H>[:PIALLT3(6]VFPA2AZ=EE='%672'-L-PSX_?&Q3M3
M$(YFO3+5=3__@E^*5/9V:22U,G62LL\I\[QQAO)X./Y54U75V$B0_H`TZKR?
MHY5F([V84FG3/IZ4"$SL[LOP!<AF"R.`!I^D?(E).@(6F4YBT6P:BR=,E@Q3
MC"ZNW15]R@<I`3I)*__LJ>T4YJN@"`]WB?/%W%77;-5D."='&8;SY/1@[_3D
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M]R=.TU&4J&PLO[&'^`/[;55EZ@>MS3Q[6D^OF$\'&>L1P8JY,.@-UD@S1A@1
M@QHN:X1TG;Z.S?Z%SWZ%UDS@1S:AX$%N09X1HG_31\VI$SEZX]ZQ.>??1.]4
MHEM2*V*RI!;UU]$CLQXCVQS].UJN?O^WD\ED[_<46;><M3M+%MX;C8\^C]B*
MZ1-5!LM1(`,C+@3UOB^8R/CWT=PD(S2:.X0)[TC5+,6Q6.(N)?<"$>8^<#HM
MN9TP=7.Q'CFVQN6;L<%G2KT#9&_%RY5NKK''HCASL*O-?]T1W=L(=OB&WSPU
M$O'!JNNUN&+,]IU=5RU8;OA),],EZUBX78C$;2+^G.A-&1R<*%U`.,=VI&/:
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M1TYVB--'`S@'T85F>)QE<GKJKC.3KZV/L?Z3?2!Y02'JJ944IKS21SL*4XPZ
MT>T"__P3.U;5&@$Z$Z3=J7M+AQ"<]LT1I92KVK0HU?'P((!X/P_N>C`MOKV;
M,#Z/^`T;U1.0Z]98*2>X)C)7IT1[.<L%99+]&"7R(Y)^C\Y*G4#SB)W.6:DC
M>[DUT[WM[DLA[;PWNRKT"W4"%P9;7DZM\`Y79>Q>.8J]CJYB\^[-X-U)>#PA
MO6S82[G.K7$@&H[V>H,RY-)5JOE&%P9LF4I!\\H*$EC7AO<UG>+]_)NQ0IKJ
M!G_="ZX-NGAWEBLW(+?+-DIA^?%@"$9T"(7R<IA:KGPZ#A:L#4R^'JI.%85@
M%WOA)3OE7=5.U]12Z:@NJF9./BL[-2-;\I$M],@6KEV02*4H;!EN\:Q,=L"8
MJ4Y/!(U%&,(Y6X>?@^H2KO9'=&8KARBOR,)L&UAS%\(=UJW+86'Z8-IA*I:S
MF=(AXM,E,;FCM(VJ]]Y#=;@=O)NRA.&!J+%O`\)'QU?BO@0[@N_/UL''KQH%
M+>7C^H9Z%WJ\RJE_S;6QHJJ57[!?3.W4NNX@<L:T@'PED4^-$BD#?A$I?NN>
M3.:]C)"EQ;?*+RR;4M.F!C&X(V/ZQ;1/[7=.CH\/2D,]2MIL#S.:P]0/EC0D
M!*F3``>3DU160WFJ9J25[A`R[9KFA6+@[QBXIS;H$WFXN+(D9!Q^3%`_2<6=
M]/M0R9Q:$D_V3TXJ*_O(9((A,]?_FV&^L)6EZP(PV6,$H(_3->XS!+;9G1_3
M:S-LVSI.B\6VK2%W\I/\A_#[PM\;TT8B.5VI]?OD."6"S?`]!UNNV?/>I-XG
M'N(O<;Y1I1MF_MPDQ;X3&%5QMWL)IJ-40.'3^#B5=;TSIR/;!-B.'9X)M!A=
M[]G$<;M/1G0WY:5)L+8P+MX5_OB=U[`1/D;3M(-0(5U+WJ^P&PZ)!-<RY^9-
M@P[1/=[M)M6RL^\77@(2_<DE&HOGA5[)S-9TG26S#P)DZ0//1WM14[8S*'(4
MDYM;PY4"H_7456C6Z=X7M+;NR2U]R`.R["_TD8L%RVBRJ7F>S^E,#:7#HAQA
M)G`0R0NG-)_A%;7W-O85'W5'T#]-XH7@URSJE\I,R=C6YE0I9ELJ0#-.)Y;7
M0^N(AQA_7B00&0E`4L)1>*R0GC#_W1UJ$85EJ8#,^/#P(.8U[D+?1"#A#6DZ
M/W-LDAG2<9@B05U>8C,=R7+(Z\NONC4-3"E'?C"GI%0ZQE$Z9#))6;>2\X@4
M:4G<<.Z61='>,%_Y/%&5](27U/NG\+A>KBC%W2VH\,'U9F2=FX2]C`H4?DE1
MIEYD!H9'>\>J=PQK(Q-2L9.36*1W=W+FLR:\AB^.XM8[4M#FVBBYZB^?(G^4
M+J*T=UHT[ZW&NL74^>YB/5,O$-;P2*N;0"4,&M/9IY.MN%)$QI`K>0<6(W>R
M1WJYZ^I74V<*.+4Z:DE'".`KIN,>>S'^;$_0VJU7^?3"'(/N2L9T05V@1OR(
MK>0C%5X8CX]2)4<$LYE%`8+.*'F<41.T*;L7EXKFB=L/97.<6IAF*IE6'))M
MK7)U[GAKYRNV+VZP7QF71%$_QUD%6!NPRP+QA=>8PV2%V2J,\6)JJ.[1WY*K
MG./4JJ]^FFU6_/41HV"=)Y+R2%<Y21]BRB=7TRYB^3/(QZGU623.TX[+Q<(0
MFN&83@*3?J[F#;8LKG9_8OT-4WS8K]N7,BG6CM]F/!+,XK4LI]RF.-)GS@LK
M8FZ%1UL$4)2IY6484VV8X!)Q5>25Z'%J)7J43IX2FX/1A]\3=CX9DVTYF$>E
MC`.2Z>-B#4VA+CHUI*O89B4FRL;#:@)@/;VJK)&'"7X5V:RR8C.>N)"(V+@M
M@C)Y=;93*\,-EG;'49=Q>RN_PM_%"5)N&PPHR@?XD[RE9>L<Z-Q:]S),=I):
MIQZ/T_6(Q;;>`^9>:L5\<E@AQBF'/>IOW.XDZX3S\.QG-=$4=1ETDE6*M4-+
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M=BD;B]268`<[9L8&W@$+TI6@4VTZ:EWNQCQ*_SE\\EF89">33,>^TMXHT2[F
M<ZQ0/>LN!NW[>7"^S7KPJJZ>K9.'WZCZW)9A9<D?'#@*EU`E]^=/4]&&HU@[
ML0Z(U;'NRDJ\#]:H;@T2DCI_E3X4$MSW%T&K54$8N`4>IT(236:5^LUZV/$B
M5^&P^\)<)'ZJS]V-OS8>6'47]WP2NSY\-;65]E^8%6+0^)U89=BZ,PWWD4'A
M^6O#Z_?F/J2!<N*GN3&`+B=:UJ9P%F:4-6=742E4,%:;J,%^FEI&'U<)8I89
MM4L!U^?[_(42Y8T[GM20\4Y1FRNK;K:4X5,M?B"/'T=)G?/UKYTC1[=G/]$J
M&<OP3^^=.99F8,N:X85[;"Q6X8G5DPD/]Q4+=&J5>WH0IL5L($FB=9WK$FC6
MC_#ZR%G`R,FV;4EY\4Y=7_KVJ/-QMJ8<=E:L.')PB#'R\Q2AYFF8D<R=P&=Y
MVNR,Q:(DX2T(>/;RTCP!4]OFI^/0<RL%PH8(5D5XW6[1R1L:)QX5UI37>]2A
M`->,OS8$>+R7/KK;H007J<#P>:%_R`85+IUTG0/Q@LY755.KL*]875"J^K7_
M6$W^*(:ILZ`&90$WT"Q];G:R%>S"`'W6Y*SKPO*6`=6?*#'/=+=)PNY-4L9[
M^ZDN*;QGE-]0X86542&?%%8>?&7AS_Z':&>%R5ZL:8)-_)N]I@JGOQX?QJ]@
M3J=NK9#QQW],_F-$S)_NY_%_^'?^U%3[]?/XB+5C\(;@=FSPVJ/P<_Z)7[Q[
M?H_T@&`Q(TQ^#R=ADL]G.ET(_+ZD8X^^9)>6)B>\L42JFXO[NG]SL>*]X-H8
MT8?I3%+3[2QL-4*@&"%.Z?.3K2T*)W4:;V.1_^1C/O:*)'-O*O7\PW'5H?,[
M2CV[5JH$@#PH`N3A7@N`/-QK#Y"A*AIYS452N+2<52M#^67\GVF9B+P<D-`6
M$B+V7@HX_&:32L8G0P-Z?*#F+(N-[.L,'F[&605-.3X\:'(D_N,[U*Q%IO[P
M9!M#Y-W5DH3XSIT8EINZ;MOCI93V\5Y0&C&-C:2B-]/8."I(\_Y>DP/9W^M$
MD@%_@+\-^*O!%#=M8,%LMFLVW5B(6$:S:554HX(IA8/]K=;Q^TGI:10'+(0%
M*``4%*.@J@%I)Y!8PE"T&4:,K-4C$>3.A*N*J6HX9-*N:8L46=R!^+6ZH`FW
MO+'05$H7-DKH,\0;DXUFKQC;HQM3R>EW+J0^;I@5[>IOO@D%8`>P`]@W>"N)
M7O+5?)66?8\Q6]#GQ#Q'X4[Y"%FC5W=G?:2%CL=G,=QZV,LLN=@I@:@=ECH2
M<93'L2H-7:3(*W"T68Y64^[R13)K-!->H]&1PK/'J,7@F;TCZR=:]2G1I4:*
M_3]5R)*T/(1AL)+IJ7'DIQ\/3L9B,+4F35@C<7A.(G636"J-&#22&OA)=5X"
M^/N[YLSDCOR3&`P5#_21<*0>I@Z)02V`?UTC_V5R<)"1D@7^T@[^4M\<)%E\
MF(./>P<'8M!=/'7>4Q]&%CT+;L90W0Q9$/K+!/R`NOP`MV[BB)7_`&^@(V]@
M_/'@<$\,NHNG=<$;Z%37GNR+073Q@`GN@"`0_65R<`(.06,.P2?L'7$?!K2%
M\@P.]H_%H+IXZO<6JYJS_$19OQP9I@V:MPOG0`R:`S@!G!ENP?@4O()Z2.G6
ML5/6GD/P_?IB&'@6RA<XA:2'$B&"X8!3*&4+FP:5H@2`4O%0"OY`:3I.=7UD
M,J4[#`P+Y09`0!9V"N13KD/&)6P4"(+07R:00%BW!S`<3U8H+V!R`-$`B`:(
MJFC!%8!H@.0H!5]@"U]`Q$R!A@M"5'4@=AA.MSF*$S&8*IY.=_T-+6RL)0:A
M1$-_M")H0^@'AP;`#^`7V4]2Y*M`]&3:2!\9IO$I4H=(#1M/"0CX$@67L["H
MFLZ+CC/!N"_K">:HS]4P6;IUSPX_GNR?BH%%^>L#@1P5&;#NY:@Y6]>S)"N0
M(9"A]K?9#O>/=]AGVZW(MBANXW/PGQ@*)4<HXX`*X;>SD%7VR4J-!$I>#@@G
MV?JR)IQ`(4W`27/E.0L[18P/B]H4'&RQ?>3?M(LE.\ZSYN/_''T:71LCI"AT
M#+PR^$_-?AW9KYA_YQBL?_1HX6CNCW.31.(CT3K-(V2H0?UFI-"?^?;G1_ZH
M%Z_JN,6KCNM>U?&1.>>_GIM+2J[UOZ/EZO=_.YF,CW^W1OYN4][;-(O^PHY@
M:4;QEI183:-"G!0U`#T\J%QIUKVE"8R,1J.7->=3DF\$ZSQ@]FI:;B]NUM+]
MUW17SVQN_,9[00=_19I$-]DO.M,%;76;/&./MUR_UJZ:A76:B`5.H>P<A3KH
MP-$&'*U&6W*54LAM-N6B+AI]F$Z-KU![4F`'H*/[:,JS<:5HY@Y(:!0)-V':
MJQ1PJ&%M6#[DWW3.:$,C&>BZHU0_R%UW_"N@^LYD*V^DBV']H3][K?J@)_W9
M`7^`OR[Q)U:H=U/0#TRO)*9WNF3;(&(9WJ;568U*JE3$I@_=Y0$%@`)1`YIM
MI$MM%S.X#C=UQ1`NT8Z7['JR4#1S>N_8EHT,53,6.S`<6KU#J_?^M'H'L`/8
M!P/VWI\JO#-9E^K@/"&R@KRX2`;;9Y&\'=C'A>R/2M$]R.<!CE:.P4)IG41.
MC]NG5Z'_HS&+,4>.;O>N45^GI\-%.<(]V?]X>@A-@7.HT]/BOIV>117EP"A4
MU\DAS)>^5PX&^"]8-MK'\3ZT-*[99>J;CR2+&W/P\?3@4`RZBZ?0>^K%R*)I
MP=$8JJ,A"T)_.00_H"X_(-7)>!AX%LH;&'\\.`5O`+P!$77MP9$81!</F.`.
M"`+17\9'X!`TYQ`(V;!@()[!P2FHWQS20/?X[C5OOVHI`SA[!<Y?QJ?@%=1#
MRG.'$&PH:\\A&$PG+J%\@5/0MB5"!,,!IU#*%C8-*D4)`*4=N019-6W`)=BE
MG^$P8"R4)[`/00'8+!!1OX(7`'L%8B/TES%L%=3M`0S'F17*"YB<[(E!=?'4
M+00$.E>TX`I`0$!RE((OL(4O(&*R0,-E(5JL0=1MFF*_VG[6[F]`@_<RJK]9
M](-#`^`'\(OL)RGRU2%Z,FVDCPS3^!2I1J0&?KR(@(>.TID^5_<=I1O<%1I_
MW!_W:V<(Y$@@.1I*9_;#?AW%`AD"&>JB6L?^P?'V.VUQ;LGI-3X'_XFA3P1J
M1I[MDM74C!SJ7O8&)QTUK0><`$[*X&3K%A7CP\*F]5OL'ODW[6+)\AK7_S+^
MS]&GT;4Q0HI"Q\#+@__4[%?>NYY]YQ@V*\J\<#3WQ[E)(N&1:+'F$3+4H(@S
M4NC/?/?S(W_4BU=ZW.*EQW6O]/C(G/-?S\TE)=?ZW]%R]?N_G4S&Q[];(W^S
M*>]MFD5_88>P-*-X1TJLCE<A3HHZH!X>5"XWZ][2!$9&H]'+FO,IR3>"=1XO
M>S4MF\[,L`GE^Z_IMJ;9W/C-1E2&@[]4[8U]_L=OCO5I@=#J\TRA:')T?#\/
M]]4CG5"NC9E-W\X^W\\O-8/B2T/Z@VEI;(BL!0VOLOY$B7A&!_[CS__]OT:C
M?RQ?M,_AXR+-6.],^TL0`9Q:7UT@A^\+'L@G2A_ZB.=_?)C.GN\OG[]@97_\
M/-D;[S]?4'FQU\^,?"?C@\.3PV=O.L]>]7U>?-^OO3]]UZQG.J3GS"'=,AD@
MP0.RJ/"H63_X0_R+SGFAW"]NG=S93[1*/,2;ES]5?PS^SW>F$<9!W5L_4#E3
MM"72K3\^?#KZ,-+4/SY<?WD>[QU\&#F&YM+AV^S+AS_'X_V)BYQ__+8[G5U^
M^6!PCZG9EYA*`-*?T/O%^PH;%C[#!IYK=HPIEX_WM\__A8P]SI.#YZ?[D$,'
M:0[E3O`P.<&]$)P;QA,?/-]&84J.X%=Z$>>@8B[QC6E9ER:ANLCPC^$]$618
MNLL8]9^.N^U"']_(!(^2$_PTWO<96./8X\3X9A"LF`N#JAR5_N@1S*(3(!A9
MV'K$%H4NQ<0E,9<S;-LZEW'K+VJ6Z/7TAZECOYK$;:&<3Y;]&%DR)#.7+,<%
M?*]U]''"/)BZIJQ?39U"RG_NU%#/=:0MJ;93&)75.UR$]8US#O6$:?#0!.?6
M-56C5DP/W*\HK-DT9GC!QY]0(X'J/7,L:H`MR[\NT&@S*L^*S2I1NKH9TZGP
M"A2NUD$ZKU/)?MB@9DY2:F:2Q&A9RF5(I0MF.4CZ;?9`O5Y-\0A:EH"G*2F?
MG&9*N4N+T$YZ`_`T6Y]I--Y+TFAR=!PU97%2A"1Z('BI.4OK`A&#0RQP1*X<
M1%]LXW`(YYZ#9'%)X$5:0PO9B"8;CY/3.C@]B$ZKON''18L^*;02TS>DZ<S5
M>S*I'5F:U&^C[I@KK=8737>8"]G$["<IIAX<)H%?>:0)G9TDX"YV^EG%VO,-
M7B#=_2GNV`62@U7WYXMW17=8B[COB&ALU'Z!'_XS-2_?KR\VP'X_2:']T^.4
M<DU.,43_)<8,#8]86[XXQ'(MW4YZHG4*I)S8R3@J()DSC$/`-S@,0/QB3TDT
M(]$IG_3X-.6RY8XH/G#&4$H[ZP&3V2LBN&91G$1&G7`T_3=26_[KY#0<>,Z(
MRCO3CUC1D65I<TU)N*','9O>GU]3EW6&V)IRAJE;P$'2D'<]3KF1GXZJ.-?;
MSB44SQV>;BJ:]W0*'_KI+_IXK)H_C?*$VQ[C*8\OMJIL85:)I6?Z750+WL^;
MFG[*7Z,^<!(X!6,*^4^_YXL2?W%R;03&W".6^4;]+:HWFYC').53?=H_VH]Y
M5>4'&.=(UGVNXG]`:W;YCJNDW"FE_"FZADZRILS@$A8$69IU/Y\&X59W/>/^
M;Q"_VDU'!5.8?/B3A=N\:!O[N/+#A,EXXQ*1A6:PZ/IG]WR!]X6[,?V9Q1MU
MZH5_RLX'W'*[E?\9[9_H_LZC_II-1Z?XPV!C_!P&/3D56622.BP6E?B<YI8K
M,:>=/:>G5RZ:@=LSFOO^.7V%MQ2R1J_H#8]>,#9&5">L$&O^D)KWEL-RAZ&E
M]P<B>P,KHM$AK73ZG`7U/`C2]37[':_8B.F]+%3\S6"J=L07<)Q+TR5=/"AH
M](L?]9_L_5[OJ*^FTX=ZGQ@,=?Q[.O]AIR?_.F*L=MD7A-@SF4WI6>^K*;[F
M)EE2A>%REI%M1/#?CD;E:$1O0PO^ZI%MTK]^X!'59%0W,C:R'1]J;IWEB@W9
MHHQ&]@C-YUBQO?V!E4EX>\\E`POGNWMRD]\:.2/'_U8U2]%-MK+D5S)]1_'%
M7IUWD_L:)AK^ED06S3[R&_,&5"\U"7[#AN--"/LK`97Z%E12PB%PN:$"8*J_
MCJ:*[=#Q$AXY9*L&1V>TH&0DHSEU6^AMIA4A.[V#/EY5-3>.1A'!^.>BY@4S
M5X#^[*]D1R9AFW'L!?Z<W6N"W3-VU4=O:$S&*74B'";LZS?-8C2C,R)XKE/N
MNG)M^M$:?^R_2JYNS^O%`B8V8JK3HWNHIDG@IKJ$I!J4LFF-$;$B>Z#9\D^E
MT)-8]I&Q37&W(ICV".P>UR<6CKS)=8C9*-2188ZTY8K"8D0A8_,,>!^W'P/0
M?O2D[F-4Y#XR/%EL;>9%1:+C93J#:A&V14QM@(=ORQ\75G>%QWB_.C["-Z0W
M&,OY72G7DPH/=;.;\<[VM_+.MB%,V^Z9%VBGE,LZ5"&5FOB"J6HF7'3YG&PV
M)T]5>AJ46U**^Q4WA>:(FC6JV1$A:RH=/Q%170-!A9I:`T36GK['U+]B"MK^
MR=0$$V[Z[-$+VUC:8#M#TU*S#@MMI>?)925K9&LJY@W\U'3?M+$'4-HXBJUY
MAHE.CMNHR!OF#MLS<G7AZ.>K1X4JCH3'!KIPI-<S;<4WX:B=G3G*:P[%W40&
MWY/E#BQEVLJ-?'JZL6:ZCKQ]1*:5/];LA*@^0)%"5;*;$$$5E,64N6/05:G.
MMB]'"VJ=+$8BG0<*F3&('/7CE-6\9G*1$U&>7>`61".>@Z6PE8&N!ZZK9JCX
MA3*,[=%X8N)Z80:],_0;W!=G9(SL-'V6/N".A'+2_(DXBQDNZ-0HWC3KE<Z(
M\I<P,#)'R*,6DS4VMWI'X]ILGD_%P>O*Q=(DK$C$#\R@]HH,5DK:%987!@V7
M0[^.OB3'EH-XQ`-=;('(Q(J^"[M>.'.CZ=,7V!5?^A`=_70?0;B#YPFU:ZO9
M7S]?-2HF_DW\V:L5H>*D^EE`5%CP&V)>N;>3O=[5L)]VJLYOSZZG(VJ>?G41
M3RF,Z2BYCJH7"=]^G?TZLIP72U,U1!CKYAK3?O$E?KWOG-=M#MCZ/F+X*!JH
MPG;]S1&?8-0H?O3@1/6WZP32R2[1/SEH_!6;:SVI+@D`YEF8CR[Z=)YUQN"'
MV"K$]`!+(4DU&_-HW>>X]FA\M/=[EH%B(V5N*\]-7!#LKFC=P=5+H06S/'PM
MS/(5Z1)+\893ZUL\J\9GP>9/IV=2S;;PG'P&Y!=O%\AES1)3656YW=2#-+ZH
MH['D^V0\KS*,XK@D=U;T6LL-3>!/WGRHRM<51_=?2&^<CS"BY'0?Q*%-#5!P
M7P0LW-`P(_[32&N.W<@RK?=Y:4]UM^'5^SBS9N&FUD9QF;<__CBB:Y5Z'Y]N
M[;[3XSX*S1LF(9XDN/'2J.=3[ZL\/RH62;V[OVDN6#EZK9E60Q):YN>E"ROO
M9I1K#@@+/;J:A>=-Z,FF#S:(!.6:Y;9V'ZG>QZV$)E[-M%L*+1;TUGH?^%-H
M'55S2*]FZUWW!IK0R*O9MZA9IXCM"-0MM#6+A2FT6%@V7=-_0KIIU!V5JIF,
M-=NU=Z&YH@L-P9J55<V/$ULSUYUD4S-0THEM(NF`FFUXS>[42\U;>77ON`YI
M"3DH&UZW'U^W)U"WDJIYT2>TO:AYLC4[%C5KT)IU2LTN(^CC'78O2<U`KMG6
MKNK.%;F(;%FZ&S7&Z.[^1O#X4LWJ01]4#*?N_0W!=R1&+T)SHV:S7O/H:MYA
M%SLP+/82NF;#5'?N!`!%%-JQ1".AO?&ZPWS#"LRQW#:%5SFSQ-[/%EM*ZM8P
M8@]/;%[4#+R:';Z:M9_@^U=BAQ!KULTU`X_P5.*:<T?J=B,=P555S0LBL:6-
MG=@6>SO&$3N847,"_5>AE6G-8;2:62%V*FG-,/X8'L?QSY_/67%`USW7B.(L
M6<J*PLX`U?OFVWH?=W9=\YF1FJ=[7;,]J#GZ6?<!GIK-"V*5,MSR%6R]&#M\
MQ\YA?N1?LW-:!C\1I=6]IF3I_D+;-[']753W3D?-Q*O9(HF]K@R.-/U[]&CE
MW?T-._^]8M4?W(-([LE^+T@3JWHP6@AM(\7>BZC9@L.NNS!R6G/`1NQS-.QD
M9&"'Q1[JH$QMS1+W7O/9AIJC+*3N,.2PCA#5'T43._FPYIBFV.=^Q,ZT%-MO
MJ5ENQ<ZAK3NT,RA[*WHV>-W^@-#4J_^`LN747EHHMI+6K%'-&R=BIY&(O8(;
MU!Z@X(?9X&2',%(V+%_-\&J,QK836"7,%:;_8]B1BG>YQ>A4D[Z(UPAR*["/
MW'`)*\EH+EEAYNRV!CL-O/$]')FJ05X;89E0SJ"@UJ97V=K@)53]'I!N@5ZO
M"6FT`M>WI[-_CU3@^A@KE+]$:U;G<XE4[%;%=4NQL_?5')5XQ:Q=#IT%&^?*
M:X[+<)E9@-0VV;`LQV*%R_W*?_@=L3+Q;L7`M8]@3AN_`*C;"4"WS.1LV,6L
M'R:K)A^K?TI'X+_<C)<\G::&&J&V:=`[6%G@R/[S,FA1$-N7^*>C\IY]]/8%
M=9AJ5AW>W-!JI6M*I.QM4!>3U5EENXOYM'[UVA?$INN7@,WG@5O/T:.E5_O1
M!V"$4O2UL8*9654Q64%9RUI&5)-.98+"/_)X_]$^UY)SJ5EWA"@,RA33"000
MBI2]#-J4)\'(",0&BA&K7<ROC1)CR30JRU4P"6.0X;60&\5%1=6LE6-C7U*]
M(M+T?<1T%J\C`R],6T,>RW(&PC;"6$L:AEG+>?FG5PN<]5.@5/`J[RJF0VRW
MIX.!Z]Y.+&P-\3&*BQ%^XU63Z05L1SR*2:]_AEMBV/V9*C>FT-S2P"M""8%_
M'5V'ULT'C<\W2H"`G6[=;<MO;1%`><7H8CH6O]:'<<WQBIK)&Z5?,&:6`N,1
M*RI9E&1RETE^9*6H&7[_O:F&/7<F%;CQ^/.HL%?`3J^(F&37FF>W44$O+,"=
MIS:C%8Z+>)KN.)'7/2+>8R+25K69+A,'O>TR$2'=CL+6=9,)7I6<Y2]AWCV.
MU6:GLA?6X1_9K-LZ-6-^_>6ZDSWJ?J#N]?Y^JSM0R7OAQ-IE+1RO>3$W7$S.
M5PZAY@PWT/")>Y_4[-=L6HAF_>`.FJEHO/HY]S+PNV;QQ@G9K0"H%T&]QPA&
M-,.RB>.U<^"-,6K>Q^)=.6J>.F*II!H9,8<$^^YKS1&LY@KNOR"==\FS7C$6
M_-@E4RZ:Z_.Z<&*M0"*-)=S`!8.;QP3"M!Z_+%ILWC%43#Q?UFT17O>^$,\I
M#MM81-"!:M_';T9$ZF_(*)501+H"407L54'W[%9##M[>[W<U[V?87L.<7]RN
M-?_)I"*T.3%5RS18S1P/$.]:-.J`L*B`*Q6-^<@U*QRJ.!KC]K=D7Z,HF^J6
MOE13)%DXD%+IU"-C_;:\16HX([G7JD_1P(;7L))'7EA[MH2#H7AM&K-%F8>]
MF%US@W%T:<\RH%4UQOZZ,P/8.^NV:FPWH6:%6+?C]U+SALS<(4H#VR5AY.K5
MM.S`Z7';\/'0I=<<V6O'Y7?`85V1J6W(]L]KWM'QVG_6^]37]0O1HCVH:U>K
M@=BY85E*0%\Z:UZT855SEI_8/@6+.&.KP3;4MT]WS9F'NCN[<$^[$9)/+V<U
MC]7"BD.\=6^]CXZ:CYIU9FB,(B:H;O/1F.C7K)^Y(JE9B32JENI]\H*:`'\3
M:+G2\;O7%>]%\RR7M\F8X7'LW&I[$'L)IY]'84!X=!TRLN%-A1'E'X^KL([V
MCF5YN\-Y^PF.Q1WP"'?]EKY40T0:=>?<'ENW9W;B94]KEM+'GT>73)]]=V-V
M\]%E,(Z6R%ZSOQSUTMZ"?K(V5EX-[6_'XU!$A3-.TP4G74OM+)IUMSG/WTZ*
M;SM]1T1C^\+7?,/!LMT=)/=_;]&[MG26-W1)??&^XO.<NMNVT1VIZ>SY_K)P
M$^K9;3#\?!WT&9Z^:];S\D5[/C<)Z\QLXRD+1IXAY0=6;_EQTP^4&8JV1+KU
MQX=/1Y%]K,,/(\?0W'=_FWWY\.?!T=[)'O\OG/Y6TXI3YL%M!&T]8@534M*'
M3>USEHQ+-;2+^-JH<*6;+TA_<%XHHUP9PAN(<)0DPOCX-$F#C1.(S_?&SWBZ
M-,FYCK2E-354[T.PL4T)A@VKIJE[;WY^Q);&4N6HXK@UB;U`"^PB818X>QO(
M<9PDQ_[><9(<5>;7L(SL5Y01PZ*JE)07D9,D.2;'!WNBB4AY(O@XH7:0DD'9
M'B:G*:G946:^&1@1`ZO^;1TR?7\O-;F41D@.M[W)5-7R^^/D;$Z/JLVF+G56
M;::N)I]1WT=A(5:UE#;?GZ34UU$*F=75%QW/YSN'O?A^SGT`MKU737%'1WQ]
M=QD9\GYDR/[#Z;C'A__X+>N]<=[,E%>L.CJ^GU^[4?7`<;P/MQC_TNS7<UY-
MX@O++=5,=_O(?_*Y%X&SKBW+P2HEQKUC\X99;`55T3XQULT<\H8UG6_DGE.L
M+DQ6,";$,'+8ZV\TR[XQ?Z89&B?/080\?("4...3D)N-4Z`^@GMW^&]SJ*."
MUMRS;XW@7ZGWNT&$4EXA?7%2A!JG@D!$SU!;N;1+.9.3R4E:W4I$O9UUQ`;J
MQ67].%/6:Z)<!6%G>G>&%WEVK6+F8,3K\B,-C)$V7EHQI^S>W=<W%MZK/1\L
M^'WF1R3.'(LN92W+ORX0])2UI)/C3JF;^HYT3K429C3E]A[L'_HH3A,G#K='
M_(8-!]^S"$[`GADF;YJ2L)IQ.N['Z%A%ZE+.Z-'!05+F"D<5GP!WK2P6C^%^
MZI<@-/'(O&-2'?`%7D[N@NW.-*8+;"CK!`ANT3]-\K1>8>M^_@6_V)3#%W\[
M]'VAZQX#5;%_'UR6N82AEYVMJ6-D6=K<.Z5Q/W=G%WM']OKG@5!>D?49SV57
M6+&:8M`=I-SNR6'*[][,F^YXR;&5\LL#*@6#.%L''[]J5.2)\KJ^H?#48T0-
MKKDV5E0_\0LF.X(A,CBAD9!:LJ3EN2H0@M1Q3V>=>4<L=M!'D:B+$B>-8]_/
MIXKB+!V=194Y,%CHF>!7^F[M#;NC281NMGM(GI%P@<!N,(W`2`1`")][A^TP
M]R=$]172#!:TV,"IU'HK%2S*(7Q"3"EM54UW6)0U1.;%N[N+?4G,)9N(8_O(
MHZM5RF'K`9/9*\J,$U7.[@\GN!>97W1QQLZ<NDNST[WCD\-)!(QU##_E>G@F
MJZYIQ?AVD`IQ3(Z#N%9Z#.'8/"Y:W(\*]DV^)Q?$=8TS':(^CHXR?S1Q?`5Z
MXC8\U<;<Q&^&^6)1)\#564S/4C$TJ6^@NX?3`F5RABS-XCJGQFA<.T9C?X,(
MI]8LAZD]@+K)YS)'Q=KG*7V4RAYWJ:-%/<=S#HX__#FGT\3_^"WUAN1!H3DF
MU%EVMW6F"M68[I&]<Y.=U*NX$*<O>[[!"Z1GV,4H.KWH\+MW<#+/WGZ_OMC`
MN'1L>IS2OL53C)/CEF?U/&&RO.,Y/14QWOK\TS'H@TF*`(E)94<VF9]DJ#/;
M5'Z\FKJ*B>5:SYK"`H?I@/+1Z>%^7EPR;S3QL;,0OFGPJ[@1\9:S=:W%#\<9
MEF]R?'PRGASL1P:=,XSX6#GI']":\;E.6-7C;AZFG)C#R4DJ:!.=0\)Y\4\$
M7YIDAO2(!T`7<7YU=\&%Z7`_96A/3U+"5&:FH:M0PGEE'J:OH@)'L2ZI2_DX
MA\$J8I?AQ9E?=.NE>\[@G!-&63^%)PZI?/._=-],QES_<!>"N8[3^_/K1\\_
M_T:=>4;X>W*C49W@1I*H!W\_3]*MIMC*8<H!.TR"0B`*).*>*0UZ[5<K>#`)
M?XUM$^W%8>5*\)/),,QB@Z:NTTM\$:HJN=468H_8S8SWEP0;I#0SOIP*+]<R
M[PR8LPN1]>JR=W-@='O0I9(0/HWW4N8R=T@M[QUL"Y1J&S>N'[,!'FF/,.UE
MM$:/]C:1.:G8HX*7!!1D2N@1LS4*MN*7>`LM[UZN>[#*A-:)T#_X80/A4ZZH
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M<W#?+NGSQUEU4-SW_9NK8KS'GX<GXP--,&+2/8KH`IZO'%&BIC%RU<#(U0/I
MG.5>8O1PBQ?X-V6^X3>;@**2#`0]5E3>>]Q#`U[!)!YK2?SBWC866[&QLS3L
MT,O_8$1&%P8[`46]$.Z.C?;''T?,&0&]5;_>.OX5U%8UX9P4R.;AGFL&*HJ:
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MDW9ORQ58W8E2=:R]3G+@&A[-87WI.M-+65O`C>5U;7$J0YA<O/Y3?/^X68KO
M)^,L0/'N<HN!VD#M9O7WN.F,[QT2@WI*\_VF![-?930#H?E^TS3?!YKG'']L
M3K=L>U0R:R4C5S)4?2L<$E8;$&IYLUN&:WWT^7^J4"6]24\8X!J/L>4-_NBT
M3T>M.V*JMR*JQM34,JJ^P?\RWCO)"*(!6RNR]:@Z4X\:&GB'6\K`SR;X>0+\
MW-F6ID^BE#&FJ?5FC8KW^!CT;@URFAI\*5%M;OB?@*D[,W5_*Z:F%LUU"BO(
MZNXZ.%W!J(P.3JW+ZQO^X7ZAJ]3H_J4PNY+QBH".6Q&P1VBOM,(6N`Q<JY1)
M+U-+E`$2:;.O.<I4'KI`VT1`E7;U2WK544+!"+7)U2!BMGB!6)M1S=$F[0"7
MH(U0FT;-R52K=3!A<R=T%'7QJD3OD$S9B">YPWBZW=N9[!T!8PL<X689V^#^
MCECA*''8>M0\4YO:#Q!K%Q986L<6SR'PM&@!U;!=;72;YU2LT+$PO-W??4`=
M;_6,@;%%J]>&&=O@=@\X385+[X:U<8,;/N.#8]CP>3)MI(N(\!))O5G04TWG
M1<>9V-N7=*>TZD&X7<C2;>#A=&\/H"@P%"N?$&P8BH-*A04PYB_Q!8!B8]&`
M0B<%4`@H;`.%Q;E1@,*N?<3*AVV;=A*;C**-#X_`-(L,Q^KGD!O7BP,+_`$4
MMSZ>W304!Y29#F`LC)EV#\8FPZM')X7!G*+PZC@98HJ%5X^**NB=;I5E>=J@
MN_(<^6]K@DRD(T=!F;[1`]&6B-#[1TI0)7^$EJSIP`@9ZLC6Z&`6(W/.INFW
MX?VU)/%^LWG%`?\O57OS/T<^\FO\"87$T-'*PI_]#[_302XH5:A`?I[LQ3F0
MY-!)DF+2Y0;V,T$4#G5DZ(QQD<Z8G*23:LO43`GNVU5K\+_*M]<8A944;TS+
M&CV&94>X,HD?:?KF'FFZ$2]]M2=)TJ`(Q00!*,*M%>$.*0[B*4[6$M=^Q:/_
MP8B,+@P5JZ-H#Y51IUTH>JP7H4MBR;&7RJ.1H4OB%=FML+-<[1&W>/=X4C4<
M4G&4XPT@+D>A29-#/)CL/+Z]A@ME%_<HZQ.GCYLN67M<@]2(5AB]L8'LKML$
MHU3;\Q>_>]]&$PD>%7A4(5P>L87)VR[59.7RJ9J,GX6!]0WDK&3@.W/0NG*[
M.G2FNG21.G1\>F:D^SDK\5V/$K8$G`]P/D+`(&MDSL'UJ"<"?8YVVWYKAYC;
M&=I6V[A.%85@YL8)3\QZ_*56MI0[I&6[.R#I[*"F.R_)Y%/U'6O@GPKLGVYT
M-\`[!>\TA$MT#U]XE2*!D_I3LU^%IZ,$_JD$2R;A'=,OFJ6PW&CA*7FR!1U/
MP.62SWV]F5X,A(B"S4I\O[6L(U+1?2U%';]0T@X)F^U48RI-S6MC1!^EE]BF
M$\1';CA7ME6?>K(WGHA-==\E;ICJK7K>X7D-P6D_:24[O%5O71K:QW(>&R-]
MBS[^([*%)_I)"R1O;3DPM2QGN2J3`-,UV7?N)B#:ZD$:+=,[RM_;KYBDB&XY
MJ]W>G?6J7\89M2@B;Q**T]X"J6GGM<5EV*9C7(U6M]TJX[K;.KCA(6)]MU,[
M7591J1J-V+JGC5"Y]#VE>.5BJQ7'(E2'1C$HWNAQ%H%Z'(I![<J5N:H27*@>
M>$+0O'J=R!93@WI*\^K%$"LK%L`YT+QSFE<O;E=5MT#?SMW7.22LCB34(F>W
M'-?ZZ+--:X[(V+OMG['_\>C@!-BZ*UO3_>X[[D6Q_W%OG!5.`\9N4:R_(EL;
MZ^MP"OS<F9_IUNA=5V#>WP<YW=VNIL^E=-QS8#P1JR6VE&S=3P^^X]K]O^P+
MUN0)^%H/7\>"5<*7DJ\9!1*[KBE_6MCO?!@M.^,%C1VWH'&/T%YIP3W@*K8;
MUJR;GR_4#F!SE*D\=(%VZIJC2GKI5((P0NVHM7DLOH2:$6KGJT%IV@8W0NV6
M`&VZD*E6BVW#CD_H+NKBM;K8(<^R$7]RA_%TO.&SW]T!):$9&T^>:XBQ#6[Y
M?`*VYOKR#3.UJ0T?L0+(XK!T?^<!=;[G(U@061C>)M(-F[*O3?::/A5LWUT8
MWN[O/J"N-PD$VZH%UH+[U+`^WKVA6<<;0).]0C=J&!M`3Z:-=!$1#HV^MSTM
MMPM9NLXY/2UN]`U@[!B,E0\2-@S&@67*`ASS8S@"@+&I<,_D$%`H,@HKGSYM
M&HA-1JB.02<*C<;JYW*;=A@;C*GM@V84&8O5S\XV;J(;U(P'H!D!C<*@4;2T
M=4!C80"U>S0V&6L]W2N,ZQ3%6M.])J/!UJ.BYI8'XZJ@=F_9A0+CO1P2/`?_
M51++')#$^1ZB9%=AV"+V4VHHV\1RA-)671`\,[I1&[G%R4P7@MAYB_C:Z"U4
MPKL(),]=J=9%<K'RZ$4@>:X+7)]6`90#R;M6+'FN=6V*I<[#!&'BP'YA`>FM
MSBO64Q`Z>X'YGZ,'HBT1H?>/E*`CT@@M68.I$3+4D:W1L2Q&YIQ-4L<*+Y'^
MJU#+TC9/J=2(K-]L7G;+_TO5WMCG?_RV?-$^SY17K#HZOI\'E8AO3,MZ#,MU
M30W5:V%U;81'@.^-;_P`\`T_Y?%$QWVFF\J//__W_QJ-_L$>3"_%VAM[P*5)
MKHTW;-E+;-C6S-09C`TVU4<\_^/#=/9\?_G\!2O[X^?)WOC@^<*P-7O]S.!S
M,CXX/#E\IL][9LW(=-/"ZM2^1!KYCG0'WYDV&Q$E4?3;Z;MF\5OX7^7ON^7]
M@YX=Z],"H=5S\/W9.OCX5:,T(<KK^@:_89V_*'7YM;%R;(M?,'$?^6&D8H6"
M7[?^^/#IZ,-(4__X</WE>7PT^3!R#,TEP[?9EP]_'IVZ8N/RIHB$(:$?T#I]
MR8-#1XGHK(-A>71P"`;JN]3?3U+_8!*E?F6ZNBSQ1O1Y2N7"MC(NNS,-@A6'
M$*;M)&/%+49L"HP49\C2K!@/SA$A:SJI1[PRB4V?R'5[!@4V\.4@R9?)R6D@
M%Y7(&PK)I690U:8A_<I!5,G9&)]C.NDB^N_+1O\+BYI09%-5'MQ1G?B'2>(?
MCZ-"D4/'!/05A3A8#<7FVE#,)0[5F6QD;TH#'26)?3A)X7P3+>.DO]'0BZ9K
M-K70.ZB>/O%@?P,/CE-6X.`TQ87R9(VS(S(O+KCJ/7.AW"NY`%\AS6`N%.6J
M[JB,SQ>(&/17*\:?R\?[V^?_0L:>9QF>[C?;B0CMSJDGS38*J')09S;]7V[+
M[N?W*TI*[F<'_.(YOFQ4ENO9I0?6/HM.TBPZ2')H!TJ'5N(.VY&IWQN!MJ.^
ML4T<3K4HR`V5>@=TL69<O+MKFIV8IF+M^08OD.[^%+>M$0ZZ/]-7TGG0\7^G
MBRJF"*Y9)6.J)/C/%*C?KR\2K`I]_6`*]_,97E%-;F.J:)BYMJB10?\TR3G]
M:F&2-5L7^*HG-J);K&K.\@F3)95D;&U@X6G*TXU:E9WIW@X+]V,LS%*2/6;A
M\5Z2A?LG#?`P)<_WO%?:=+$@E*XVU;KS.:417:;2-QD+-O@O^,6.O*2J3UW$
MLTS&K-U(QOH,&WBNT2F2]0;2C9.D&X_W#G,U6.491]Q<^HPW]@R3/X-1@B#%
M=I!N4F5K(X.A;45UHJ*MD+[D_*<S6QJ,_U4]@J;`GDO&U')Y<AQ3(SO-/N'"
MOB%-]Y9_,Z3C&;,E?)AT54-L[5]8/3<MNR+6<F>66HH>'>ZEESSEQA2BX2O6
MU2?S%MGLLO6YLW1T:NW?,._&]D2%[@DOZ5*-XO=ZN:*T8V!BVL1_;%5)TKB:
M><[1-N<F82^C@*;H#5^24'!YZ*!.C(XL2Z,"QSV6^WESXII:@'KXVI6>92%6
M+]T]-7O%`G<&^Y71OTFS<JF]8]6CDK;1K*06G!,/^*60WPU)RT&Y0Z*F%I;C
MT_VCJE1U:?`Y'-`3NS@(]>[BZT:&>OSA3Q:5]H+2/#C.0P1>?#P,@.MH9>'/
M_H??J4@O-(/MRWR>[,6W25(;*<E=E/@QR^I;)1623^#I>4^G*-VBW%UP5[EW
M;%-1;[PA$R#8@QL?%.S![4]:Z>WIOV:G1#S^!/[WIO:>5*BYYAGMCS^.F&QO
MFZD',BGBTZ65R0P:E<^5;8J:8G6]&S<ZE'$IC5F^%W+](ZRA"W(%17E%*K;S
M!?8`>T"W]52W'>TU.;ZCO?8$A\<Z/K%@1V&M(W#]9'NZM*Y?*0$\2-=2*J6$
MZJBF5%ZX@CAN9<O4E3L@M)'_9A!,QP;T'"`]Y1!X%A@6GY;<OQ#8)PFV76KS
M2`*R'!:09;)WM'.9V<WF+WA+2\2\-D;T83I+"JJ$S,Y->\.!UI8U`]O)%5\S
M'+82XVXY-,"R6(#T79#^IG++D&Z=BWZI'+Y#O0OQ2RC\6B,I3=&]3=\ES!1)
MX]YR5JV,X9>L6D21EY<MOI&RYMMZ4G7'-6OQH4Y+K^(O9Z/(D:'.O:BZXL=E
M1$?N"+*(4?NZJ=XLR8'>0&_0*DUY2(+2O/6MX=+5P';S1KKQ,3+CA"S[\]/2
MRSP>::%W\5E$]Z+I3>=J=2W$$MC&:%.=,$"5H5(%Y&B3,:OT^/H,5+,3#<Q?
M4>+R^'2;OD/!74V8OV^_SGX=/1%^LG?-BP4M@M,L([3`AE*X]2.E&:R/>EM5
MA-^U>%Y]PS_:'W<8E.P+6[?@:5,#WS\%?O:)GQ7[60)#)=&[1\?`UEW9FO8F
M2W"UADW7O,%OG;0+KFHY`O/R.MQ%73J&Q@L-C%Y,0Q5R&ZC%]67'RFS\\>B@
M\*RB9.I,$M?@%&C>OCMVTB=W3#(M<[Q?J2>MO,0'QV9@CHU71B82>0.7IE-E
M,SG9'X:J$<FX]FE)+`G)"S5[CT@NGH(Y!5\&?)D^^C)!_;:1^4+'XY9`!F^F
MVZ73Z0D$"UHWKA`4ZR!`<SJ!"$UW:F;_:!C$%\VK^>7DJ!#VX-CL3N-;D]@+
MM,"?7NA+,:524-(5\H0AOS'3$D)&+%`%Y`CRA-LC8V!<BUJ8CD^WLD&G#?J.
MC]C25&S8&M)'RX2A[6D2LF2^_7@\$-]>I.7L&/9$V@\A'$,$H3LM,QF(EA$M
M@B#-O@CX3U7])\,T/H$/U;UV.X3]@/;/0P')6_>?#L!_ZDK##`3NHCE/&R`/
M[I/H[M.YN5QBHF1X3^`R=;H@[--Q9DGL=Y\J`DA"<DC#[2H-%[)P(=I4RJ&1
M+%EE:EG8ADP5V&$O:?T@)P.H`G($F2H0*M@<*M!U9&.">+.ND8I?;#CI(HH_
M/QX/)`(*J]=!D_R7259;D5Y273@=<SH9!N4A9@!^4XWLX\VM1R@2EQ#15?*>
MUTR[R2W4W@[CZ3JT*EII86%8VP)?FV*J8-XUL+0&5W(LVHEI8;@JOPZ>".:K
MBL+:W1N\@B\L@"_<DJ==U#-U?+*_S=Z??U<3X'@R;:2/YKEMK03VN^MN3KJ]
MMJ\VDJ[+R7_<.SX44M-WR=!&N=F8R=X[`4;V@9&_C`]$.T@H`"NE5K)CT<H;
M=<_07=J3=IRS?[I78]*^(FGSTUO3P.O1$I$?V([DB8GH(@YGA^E`M&7[$+94
M81<;2`X*IF>D[_$>MJP>QP,F*VP[2'=3YU@W+_RWPT)48KL?HH2NQ=,F8\&4
MB3"<$LC4PEZ\\"P2S!L2AD7BZ3O(@@!G2PYGR]T*G%[.)-G_BV%8-9T7'6>"
M>'\W$-='X*WZ4)>/ENY"EL[#Y8=[@E5O&`;(Q$)8<_ND`"X`U^#V;GL.KX$9
MR&,)EN6]`UGE+>N&,2;H'O=)$OF29W/VYNGCXVV6F<%=Y=[15=IG7*Y"*=Q1
MU6QC<VH:BF"%,$2@>*/D!EH#K4&3#(/B>:Y<32.IKU"/#/%C_M=/=P8OIJYF
M>I1?GVY'UV*'DB//5^@8,6ER*ZK,&W:2VS(OV"';IFX*;4,>H`W0I@/):C2+
MK6;ZI+=6R[Q@6/8KRUSQ,JC6R)S3&1@\P(-LK(Z^7U]`*539_,VV<H#D6O<`
M54".Q*!-GTNA*I*6`3\WR<HDU.;UND1IQ[N5XFPI3CX>'_:I8VR760Z"I"(<
M`S][Q<]?)GNBU=N2DJ4"ZMZC?<$.PLC(6$@B%RZ(XB:1L\B_'$GD#:?T2"-*
M@\JF$]#U!3B62$7H7>ZP:`X[H'"(*!1PF0%`'+)U%FYQ!'`LE4K5PZSX[9=T
M^XDQ2;"H&^_E4.$Y_I\4ZSG(Z6Q;*4+&,M`::`V:1$:*BYH=?E3@14SV"MR(
MPX.]R@D6_)9='(BCO!7F^#]'GT:/>$6PQ0+"(\<@&+E-41=(,ZR124:Z:5GT
MN:8QNG]ZNHY4>!L1K)@+@U^M&:/I_?GUQ]'/5TUYI7\JNJ/22^Q7/#),XY-"
ML*K9E$;+E6G05[%T/FVY0AKAD>B/(V2-?F)=9_\B^H_EO%CX;X==J;PB8T$?
M15\QI]>/WI#N8':_Y;`W\8?$&J33<:U,8H>C^K6DL_B;C2BH@K]4[<W_'/G(
MK_')'_)-1RL+?_8__+Y$9$$92(%)7<`X4I)8.DT"J<5\'WAZKG:5]81FH(;&
M17E.^Y.=N^>4R5[V7[.+\CKA3RAULN4+5O#R!9/1_OCC:+)77.2K2+^#3(KX
M=&EE<J?05>O.;)F1-'.RH[&A%'J^2ID>4;LT2=CJG$>CBO**4*>N<BP7V`/L
M`=W6/]UVM-?D^(YV7;U6$!S>H/K3$UTQ;KU!`*Z?B$^7UO4K)8`'Z4,GI910
M#:=.*@C7=&D2FT5[*ENFKMP!H8W\MR#6!O0<&CWE$/A+I!'Q:7FT5_VM;?HD
M3WC)SN^1=6T>2;5\A1U"?"WE-U0@YK4QH@_3A3@"64G2&PZTMJP9SDW+%E\S
M[-XA7CPK=\6VY8#T79#^AF^$BD_[?JJ<[VS;=Q?B[Y@?43F2TA3=V_1=KL,M
M^A3I+6?5RAA^&6<DP4=>WJH757=,L]W*?ZR)C."5_QH+0\H=/18Q8M]$;;WF
M2`[T!GJ#5A'R<$YS-&]]6WAPA04NM7>L?EHBFR5?KJ/5!:`XHV3IWHV>4)#V
MV`%0!>1(#-I`<4;QBC-^^W7VZ^B)8&0Y9#U"ACI:F&^8&,P"CM`"&TKAMH^4
M9K#CP_;BG(@_G)QT&)#L"UNWX&E3`Q\?`3_[Q,]?3@6KGR(E0\73N_N'P-9=
MV=KC(HW@JF81>&:S&N+,15TZAJ9H*Z2/7DQ#%7(;J,7U9<?*;/SQ9%^P%L)M
MA3PZ[3TO6"FK(=#\E^/]/OECDJF9XY.]81`?/)N!>3:7)J$$,R*A-_!INE4V
M)P?#4#4B6=<^K8DE(7FA9N\1R054,*?#(#WX,@/S98;1[4TN9?/QZ`2B!>U'
M:,"';#]"LW\"$9KNU,Q1G_()P*L!K\8G\*U)[`5:X$\O]*6Q8JV0)0S9C9EF
M$/)A@2H@1UW95D'M7TO6=;_0NFYEA$X;]!P?L:6IV+`UI(^6"4O;TQQDR3S[
M\9%@'06'L)@=#V2_6R2:_[*?5:VAEU074<T<]"F!'0((X$!U[T"Q[C7@1'6O
MW8X'LN,KDC4O;J`"-&_$@SH$!ZHC%7,RD$6::-Y3X48O>$^B>T_GYG*)B9+A
M/(''U*4ZVX<$BO8])B!YZPX31)Q`PPS+89(FW"1KOLK4LK`-R2JPR5[2_D%:
M!E`%Y`B252!:4"):H.O(Q@3Q5ETC%;_8<-1%%(=^L@>G2%M?P,(F2P>;+,<0
M-.@J3>5P($$RT:(&OXP/"D$/OI/HOA-O;SU"D>"$B.Z2][QF&DYNH?IV&$_7
MJE*T'6EA6-L"7QOSL8&E?6/I+V/1DG:$X:K\.OA8L$TN45B[>XM7V$03P!=N
MR=,NZIHZ/MG?9@/0OZL)<#R9-M)'\]SF5@+[W76W*-U>VU<;2==%Y3^>G(KI
M;7?)T$:YV10K3P4[!05\W-*MGDQ$:^`A`"NEUK''1V)ZTQTR=)<>I5T'E/=J
M#"@KDG9`O34-O!XM$?F![4BNF(@>XG`VF8Y/!K+))-*NZE#*(0/)0<$,1L&(
MMHM=8]A.5H_C`9,5MAVDN]ESK*47_MMA$:K0_1B!_]'IK@'4'H*S=_TG.;@?
M7>F7@8`=O`_AO`]^-LX:F7,Z`X,'J9"-U='WZPLX'P?G>K)M%)P$`ZJ`','Y
MN%X<#I<HX"]*KE@/T@#WQ4PJZ)ZU+?!U(,M78"FP%!0P*."M?$3(PY8WI.)F
M&T\O9_U),<Z"HVHZ+SK.Q./^;N)1'RO^GRIDKYZ+MPM9.E;`1Q]/1&O)"7#,
M]=L$P&)3-)$W31]0V!\42IV</@P@#LLZ'YV*>;(<X)BU3NL>C8(>##A,RHCD
M)V![\_3Q\3;KYN"N<N_H:AT;EZM0"G=4-=M8IYJ&(M@.J0@4;Y3<0&N@-6B2
M85`\SY4K-9)6,SADB(CSOWZZ,W@Q=373I?SZ=#NZ%CLX'GF^0L>(2>T27O$-
M.PENF1?LD"95-X6V(0_0!FC3@60UFGY8,WTZ3D"4P7Q!CCSD]D(V.%`%Y*@;
MVD".O(`Y\N<F69F$&KU>]W;I>&-3G-W'R<>3O3Z=2.TR=4*0_(9]X&>O^/G+
M^*17C7)!]P:Z]ZA7'76Z3<\0)H<"TN*]M'@6^8>T>)E$:5")=P*ZO@#'$KD(
MO4M(%LUA!Q0.$84"+C,`B$.VSL(MC@".I7*I>I@6O_V2[B`C*5[T5=UX+X<,
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MAJW9ZV?&P9/QP>')X;,[M.=P:--WS7JF8WD.>AM\P2_VU%`O>&.#\$VW>/F"
MR8>1BA5MB73KCP^?CCZ,-/6/#]=?GL?')Q\H&#1W'-]F7S[\N?>/W^J9HDLN
MQ_JT0&CU^0LFVAN_W[J?SRULVYJQN*2W?6=LGBY-A\+C@2YAE'6,-I>/][?/
M_X6,/4Z:@^>G^Y!0!VE"169V^N%/QEZ/N^SCRI>FI%@N$5E0,:3ZY?-XGZL*
M[QMW8?29R:6N&?A3]H[1EJY^ZAB'^SM7?)I-AZ?XPV"#_!PJAY"`3#P8$4><
MBB./C%32=9X^:YNCD.ZC:\.RB9.S)[2J0J2#UFB438`GJFW.J8I!QGKDZ;34
MC+9\H?N"-(%V>AQ7CQ&EACP^113KG&I@3(FM49&CLAHPC<D"00J]&+]3T6)<
M_:G9K_R)%EJR"QR6P+Y"Q%Y3Y5WSP-'(P/;H!5D:5\SLK;$$[1>D(T.A0WG%
MV+9^'4T5A3CT>SHS3*=`)V/Q=BO(^WZ%UNZ7KOU8TKOX0\T0T@I5'W3^:(0(
M9F^WN=*G\Z,OU->C.3&7_)8(D>J=M,>=FBE9\Q@--31_]3Z:LKG>!_X[6JY^
M_[>3R63O]_MZG\PL$?4DV-&!AH8\_IVY1@W/0-?0BZ9SHYEV8>J:1\UP/D?6
M*W.%F:$A2!]IEB?#=0.=^Z=VELJD+F1$!T2(V("L,85#/*OJZS*-Z5WJCM7\
MNHV6X%=JW^<4-M2Z1X!9[R#N3!N/3C^7=1]J$S8V>49KYNXK?/50[[M".U.S
M/-1ANT/S6N_@<HSUCD[@-IYR^(9PU;7%"B&^M/B.J+=`27_MR:.[*+@SC:BG
M<HX(6=,'NL_QCIL5+,(RUA8YBS!O&,_4(5UBHFA(OZ5F>8$6^(RN[[%:=BEV
MLI=<BAT>C]UE?$BDK><:)UGD8'@]1&`KT2O=I`B;426AV`Y=JE]J!H/;AEF/
MD[,>CT^3LXX,-SZ/;P9&Q,#J`\%+S5F*QM%):F[)F24GT`*RRX<7:J/#?HH.
M^T?'W4*[6I#EG`Z!FC["7^A.?L.4#Y)3W@QJ%G:A1M8A3&IN3,MZI+[.&_6N
MF%FI<2K>0:/R<SE,L>_$GTS1F/,"0#<13ZVV:6VG?([2RF<_R:?,@8<<XSFW
M%Y9-'T_Q&=#"H\,6<^1,TI&V]%^W#B9Y8R+C$:\<HKPB"S.QU%P`N=/T;[4L
M;:Y1\;21[5C!S=>&[Z.XC_''Y]WK"SN["[.'GCD6->26-<,+_H[@053L34.]
MT3!]B*6I]+<"S3`U5'H5)F\;E<1QDA?[AZ=1F&TD=!QO,^45JXZ.[^?\4A\1
M=*CWX0&[OZ@[=LY#UE\P"SHPP:#?>W><>_Z;@_0'M.9$N'=LRZ8+`JJ"'HA&
M'[>B:Y^*1H?3T*$4T73NCYW3^2Q,-H-02`,FWFB6O8%PJ1`NE<Z4H6F/'/6Q
MX9'>J?`+[N=7A"J7N%CPKQ[H0H4#L)S`;<L/Y+!Q,&;<F#\W\.,T(Z3>(3GJ
MXT>@&N[GP5T/IJ6QWQ*.S"-^PX93:+9V9\57NL0HYL5IVJ>N4S"J$R2T&W<.
M&_C]G*]HMC03Y4EU2\?N+-/$NKZ[C%`KZHO[XZ(V\=15P,D1Y^^'A>J?@_);
ML-MXA31CJBCN7A)3XK5[:Z'/ZKDY;%LLZ:B&QBY@?K#09%M8;K"9#I2O.<_6
MM^B?)O$(O&9`R7SEI?9.72EJ<\OXQ*>IM<'D(&KM:B%I7/3S'UDOZ>GCZ>+?
MN&+ZQV"_,A:(0_CT8N0DY9OGDRI.TJ]85Y],[]7KI@A:#LN9ZR=ZV=G:]R84
MKK3NY^[[8Z_(7GQ1F[Y$9'V&#4SOUNC'#;1-K7HF)VE7)(]H9='*_!#-<$PG
M(@4WW/:YFO>&.JU\?_HGUM_P+;WZU0I05F^$0'"HIQ9ND[WR2-^)S'7Q,OKP
M>W)C&@M,&N+EMQDWYVS%PBR<3<5%GSDOJO:F6<P'$(>MJ57KY#`536F(Y.74
MWZ97-,1!>?1D>JU[G(H[[$S<T#_;]E'C21P&$3^#75:1>[G42"U@)WN3J"_4
MT/#+^*]EE:#_JNEB03!=-/!8&-4E6_BZVVBN)SHVNGA94]T5VB)Q%%;6BK@3
MNG?N8E0+:N;&U^Y,8[K`AK(6A<=47E-N=8TV26Q?H[D=%1$8F]J@:]O+D(2C
M?BH,&P1S0"+A(W&8F=Z1#,,.K3!U-[6?LNB[F]O>A98F>ZD(1VR[KG7J=^J'
M]C?:,ME+15O&)^-6_68Q^)E+GXQ]ZW;IL[VHM:K89',U4_&/PWKT6V5])M2Z
ML29^B\;L5*ADLE\/MVM90FZS`5`MJRY[\%?T2]L[AA5QNA)LX_QX6J]81F7.
M\;`P@29\XJ4VI]:(KD^"($(N=[*.CU6+\_>'@H%HG&'=_'EFFC_X7S'"ON%R
M=$U%3`Z/4SO7%?=1YB:Q8@)R;613QOH_#OW2YBE/7S1+T4VV+Q[N_GI7C0?'
MH>AF^60<#7AX[UI3[33)6$C53OHMMM[9:^H*1P:N,D^)>$0L4_O6--6U%5/T
MWE=H[%VQ'>/\ZR/YBB433R?C5.QB4LYV5*"=V*Q@J+\SV?=^EN?6]-\J]W<R
M3D4<MDMS`!9L6IKF<B`=#CAJB`6[1Y"VWAFLII)VTTB,H],7Z_;%"AB2"O;E
M<B.=(I%..:Z!?J%,Q#QV_SD<C=P*ADR\(DC%+-/-=.PK[8W2YV(^QXK]9+HA
M"?M^?N50CY_R!5L/Q'RC"PCU;!UDOGD_4ENW+?-:4DFIN$!L_=@!O3I68"K6
MGF_HTD>/A*H8QF]?-,003MEPQ[%-UXIQB0GF$AX.#.[^BZ#5JF!+HR5FIX(%
MS:F]HLH8KEYREY:/P1G6:^,"$8,BQYJJJNO;W9D/!+]I5,+#FPLJ8NS'*F)4
MB(Z-4POKB`)J;";U$2SZ^[T1-XAL9513$'&<6N&.TRNQ)N?A4LPK31.>1:$>
M!1=(]R#4;M8R<O+R;.UG^3/)C)P=X:G1LY]HE13CBW>Z=*(#B1K>,Y:,[JS8
M.:T@%SGR\Q2ARH=.@O,>]RM,2AG:K*2##62,H],;LF;]R#P"-+6WWDJL0G[_
M6HZQU`W-TW&2WMA/X;\\I79&<UWD]*^=(T>W&:XE@?4DM:0]/M@+_/E2^.Z0
M^O7KDBR?K`4NI%:U98G/7(_P"O<`*[WN"[:TA<'\BRG5^NJ"SBQTJ7;6,V?N
MP?\9._=_8[H;D\'DDZ-)4,\;C3]`_T[_YSO34(.Q;R!::B%Z&'.\MR9+H["N
M<?ZII=_^>']<37;3IY:^L%H@5"">T+M+MBD[FQGHWG@)NUI*JTTFAZG2:KRB
MGE\T(JQRJ%,9QY_]#]'J$9-XK<.J?2/3S8=VJP*9JKHYR7HZ?=Z"*B-#]=[P
M;Y?\OPWE."=E7SHY/:CMK>ZSRLWU.*=&]';3/2XN;EJJ"O=X/'8K;V;5+H\5
M.H^5+A]7[JONOV>70G4G'%:I:G[9;:Y921LJ95Q1C/;''[>H_)XQQZTXU5!+
MUP9$,RRY6H"9_;VCW0"S`^C==[<$HFMC1!^F5VX0VXV8%['LX+B.SAH5]<%6
MTSU(3;=1%C,+O`UORQ,24"`%"O;KL0^M%<<6SQ*T)@N[VX#<!B"^CS^RT7NT
MT.%G<?7_3GU\ZAEBA?KS^Z<Q=[,]S)PF90@8V%\&YNG#EKWW#M1VO]?6-6IZ
MOVH,*VO.RL:,B%LW1BI%WXSTUTCE2OW6?!&OUA4MK1AJ'/_X]`@``8"(K!0F
M>[LM%,`0@2'*6'(@G<4K%;9YQ(ZW:J;!&_H8*GZQL<KVTE@+(',)]DDVC7%:
MK<DKL*Q[EHVKQ01!R8.2+QM70LK?CN9F$(\4T\IJ$`7*06CE<#P!EDG&LI-C
M4.>@SFL$U!VVTYT]-8,U+/*SUT<F[SC%^G,2_(H-B_6I`1=>2OVQU0XQ<*Q#
MCGT"A0\*OT8\G?&^G*HVIVX\9IV]6.]DMR0Q[ZRLJ1IB%>%!44BF*`Y/@662
ML>S@!)0[*/<:`<4/?$FE!KK)O=T^2V2;@7:M9N0*VP,B6MC)D<_NB)PV*GPR
M*.^#-UJP(@4C-2<Q5$8ET6S>MZAIB!(KGH-)I>QTP!G@;#N<'<NWM$KR$A96
M?3F_"GGQI?P?.-@P(`8*H7)%/X\F_,(B=LH,\5H2<ATP$R$,/1B=.21B#U>_
M]=NIK%%YGIO+%38L-T<>&>H(+U>ZN<9X].(6`Y4K)B."='>][MRO=*8&6"8"
MRRIMCX!:![6^`5"\'153YSK_H/[3<>L,CO`[4_=X1+"%R9MD$7=0%?;O1Y!B
M(QO+3@Y!NX-VKSEAWG1+OAH+3\4;;OQ#X35F1PHB9#TWR4]$5-#QLBF,\<?Q
M(3CQLG'M=`P'HT#/UQJ<02N-)<UP#1]5Z5S=\R-1G^Q79'RR_?X-(RUHX`!J
M7S8%`L5Q9./8Z8YU+D'C@\8O.@JK\_8Z(],8:6[WB9$:]JD`;=%K;0$L$X!E
M!WM0H`PT?-T:/E3K<[\1(5/P7G\8:X3LT9QZ\:,WWCR'^?K^Z5C\KE!_?P%%
M#V13)/N58@/`,@%8=@#A'%#]S3OW4.BFKPJD4MD4X)@`'*N6.@4J'U3^!D!-
M==X9E,5K1O2%VM)9YFW3@K*03%E,H'1EOUD&^AWT>PF7/EK,P(WJ?+^^@.B\
M=+JA4I8>L$P`EAU*F%C9NBY7>G34,[>&C'OL4RH!;J4&QDYM0Z&P1UYZYL&^
M7+X_8$U>K!V=2!B4@A6+J"N6[TAWO-.^NF[^9"VR0)6!*H/M$,!93W`F8U(N
MK`IK#,*YJ\$!:1O5=%YTG"F9^XVIFQH9N%4;VW9(UK4R&W_<VY/KQ#=`&:"<
M=ZJU&I0':IK[O9252G7%12L4Q.94T3;:HM0H-\-2KCI^P*O2@Q%"CT[VDRQN
M<Y5S6K#*.3BI<T?5?]HN)O0DQX*.MOZOR.Q&N/:;C2@Z@[]4[8U]_L=OCO5I
M@=#J\TQYQ:JCX_NY7W3U";U/^=[;U%!OPD8.3^PY3Y2@9[JI_/CS?_^OT>@?
MRQ?M\X5;?LJZGY^;!O=R6-+S=WH'Y97!./"(YW]\N'R\OWW^+V3LC9\G>^/]
MYZ?[YR]8V??^NC!LS5X_,\*<C`\.3PZ?O?$]AP_53./:QDMK^JY9P<_W?LV4
M&5[PDS:W>/F"2?#[S*:C83^<.99F8,ORK^-/H>.G5Q!'L=E)S$M^<@?3:5\;
M7HZ?:2#]FIW39#^XC_Y`%Z:*MD2Z]<>'3T<?1IKZQX?K+\^3"?WL&)H[VV^S
M+Q_^/'0YO?>/WXKI%-+R@>"EYBRM"T0,K-)%\*5_F.C*070,-L;!:.A3;((4
MSJ9K]RCIE_`D:2VT#XAWA<T%0:M734%ZC/Q32T,;R'*<),M!E"KUS3B/BO=&
M^I'93SA;A_.\,17._OOYHV;]B&._@+8',=H>I&D;(<S)AS^92'H2R=4;>XVO
M5T*5I*.5A3_['WY?(K*@NHD:FL^3O;CZ36KHE$DIYXO6XW+FJ.":S/%DO)]3
MA+?0=?7O*O>.P^I3\.[9:+Y."LS7Y&!_YUY0OEM4.-:#%#6VL&Q\OOSOGR[J
M7DQ=S31V_X,1L487AHK5$142KC=&^^./E8(AXQPOM1"TXP)GM,C%:5N`2L5P
M)Q-O.CO`HP20)RFB-0J.:V-$'Z93G5LIZ:<!&>UZZZ@F#7FTW^(.49FQ'[6K
M;9@!KJ19JA&KXN3'@+@A(*Y:/1!`'"!N5\152UMLU7M*N#HB^D[;=#%JW&O:
MD"R]\M:W(\P7N)4ZXXCF+C6U/*RN&"J-)"WFF]1\-9P#O8'>\M"[QT9%QHA6
MC0;GFZ&Q"B8\$"S@LGPG5G25(G*49G.)/(XZ',O<\8\FI]4RDAK7L,#9FCB[
M?UJI$1%P5AK.'E;L"@96NN=6^K\U8Z&:RYZ9:<FD<K]:R7>QU:ULM*\>[P?:
M=X-[,$9]-487#C%7>/0+?E=T1V7=K.+FZ3_!/G4II]6*%H.*K)'TXSZMQ&2C
M?;524&">^FJ>8JF]^GJD:F^86-I<PY7*=8)AJEM"^Q2`!-(#Z4O:)5@V@5UB
MCSO'['"#SEO#S$S'?AU-EYAH"@*KU*5\'H!NE"6D!+2O$_<G8)?`+M''L1-^
M8((Z%470@D#ZP9$>XG5@?]CC[EGS-/$,T`['2)K,`VZHN&/#,9!J1U@:5[/`
MV]Z&%H&UG6UG]MA$*Y5.G@EWGJRXEI#H)\BR1*AL_43Y$I#;H4OGNN6@XKY(
M6X8#\#A0/)X*%@H`/`X:CT='(CM?AVTZ7S+&1\1SKVHJ8EK'">::AB+ZD7&@
M.%"\78HW:03RRLRV48_3K?SI%[2]-A3"BY8B_=Q<+DUC]HH(?8-M$^W%X<-\
M,OEW9\C"Z@-:LXNGA(YDP>_;J79JM`SJ7J38YVFD"JK%!_3AS_'D8'RZ-PEK
M\>X^]"U(<8YT_7[%:,NX\!=B3RND08D:IYDTV-_+HL'19')R?%R1!MECCD_^
M.R(:NYHG_&++=H?I_N\M>M>6SO+&M*R+]Y7)@#==F@[USZ+3GL[^_^Q]:V_;
M2);H]P7V/Q#9Q6P:L-.BWDZF&[`=I]N+),ZUG1[L)X,B2S(G%*GAPX[FU]]S
MJO@4J0>E(E44*QA,V[)8K#KGU'D_GNX^;3SIDVD#G?I/M_0_%!GI[KCWQ#,-
M^!!(_8OC^C-M!HC3?Q#C@>B!2[LJ;VZ>VU-7F^>.^H,+I@HF(-OKI%E@?;=9
M+Z'HJO*%PS6VKH6]`=/Y-][PB7\W`?Y#+_0V"'17(=#MK)Y_=?,5TT%1Q^3J
MSM_+4<#PHL>1`I!!QQV6\4OW1'=>8*_8BI@K%`Z_#?U56`P'XP@4F\Z1)8BD
MXWDH<F)YE,+*/TS_^1K^9OH?"<#4=%S6@)P]$76B#C0K9,+>7>![OF9CP=LW
MUX3E%II5]A;1=N2!^T),H!=L>`U$,W-<`$S<K?Q:"W`?GTW/_Q.,K2T`&ZP"
M3.WE:*<^<-2,AN@RE,3"6F#F^KOWAWE>5-NI^`'S'I[4Z1?NIG_@'.YK2S/G
M4>?_Y5?B?S0]?1_IR)V><[WD.4%^=Q#P`SLLFGT++SH=KP+IO-OG2::YC2>"
MY&N`Z+N;?G,L4U^=`+&#`"E',)^=USR]W'[]E()%6NV.-O7F]W&/R8O5[0K(
MH"J"4II@^IU5@NF-NSDE\_08&_WHF^,SE214%RHGVB^PS6"^!2,YM;\>/K<.
M(D=B>H<#>[M(Z>?LB^JYY#[J]CKQFGU'#(-UKPBGXX1/>JSN%;O[!2GXQ7_8
M`KJ<:3)(M,OMZCA^XYZ8T7=2?[^SO]L+S33PL4OCGP&S):+Y.?M0S#&AE#-:
MU#2,]H%``K^$0*^=^4*SEP_W\TELYM'K_!V8*U-=@`%GP6`;!7?]BDP=E]Q8
MYMRT0X\;,Q<!0&C$&H_.RORBARJFX_0'QYF.LULJCSK<*PXTK+4W.)C5CFV<
M6R:QE?LO5P]*1!>E(H?]?9S&_1*S_RIY0XS&P08TJNKHL!2\G;KPTY?4A/*4
M.G4@DG<ZFD1"$1(HVU72?'?767WEQP]5'._N7.R3LA@]=;SK7R.#V20G!OU2
M&2DEB7K0KYFFR["4BRI/?B$1LS=BJN;U[0`[U:3E?1`/,;%%PU/DEC,**JTQ
MJ=N(N+65R1Y3^8XBU8_"QZI266N]-%&$KBQ'.R:?.@7`1S[O)@KP4X!_[`N3
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MA^1C[I\\NQ8^N1*>\U$$'B['Y0,Y]H5;.RK[N0<JK8K$4GNPTWO8`LA\F4]O
MIV+(?8^?`#9?OW]-#&+LD[Z.+[`<CQB7_B?-=/_2K(!\=7S<%[#4]*<QN.AO
MNS\7YG)'1:CQYU?++W#U`E9K?J5YII<I5KWQ?`"Z#SPQ?B+^(7PY/+L%11?Y
MU.^+-(K6`#++^U(GB?>+-0??;6>"'(G5_2X"GR(9EK/,L-9##US7M&?L<(!6
M_Q%>XDV)BV4W=]//Y(58O8/8P\%EST5XB7_\TX1G7?UY27>:63K^#CLY.\IF
M;`QR94ZC5;Y<,:C7X)5^WPM?:=RMK!9=Q>\VB`H*R#\TT\9KVA[,Y<JASM6U
MJ-L7FDV_=,@:J0"D+V6%]95A*OY.8>,!U/^647U,U+:%G2/S@N*N!=]<(`%W
M>45L`D^;\.,6ZLA5<(7$<?2+??C+(N($A=$*0#+<VMA#![[BJ0>14(UW-U<D
M5@U:-D"J1NS0"XA&E$N>B>V9+["4[LS)%G:]77UL%+O.5;P5F$!'0T-EU/"@
M6:0*)%/+P7$76%=*$KRV@[?G&ICD6QGP1F%E!$*7V60D=?>X^/,Y<?6M'77J
MO/TY!TAW7"'*Z#)-0%E[];.<QV=8Y1UN#$%$4/[^@)7EM`4B]B'Q`2/60S`Q
MS!?3.X[\SGF6U$ZN:U03,!:[VKYA6P9CU>M:H4+&FGP\$G?^U?&/P81SGJ=>
M14QX"XQ/`ZW,[5C$#*M%[V%LG(8O0EA1#^]*Q&6+@WF8\Y==5*3%'Y.&MFGM
MA[ACVD<R.4==OR+!D<6?X!12']\?YGQA34*`M^856Y6N34"_U&D$RZ/7[K.C
MT8[!8>#%GL$;B4DW=+5,?GY<+L@>MQCW20_R2/1GV_Q7*FCU_P+XOO%%<W\0
M'Q1H'>\6W"?FK&8=?HCQR7$+6F-_<YT7T\@9"P)H]L-\;]K>@!>Y;22&(]/;
M/AZZDH;Z!EJZNGF,__K%,8C%B_-'7<SB!NQ;T%_0V6K`S?5>`_[WL>^*4,^-
MU>`S]V01@#P`O0=IQJ2D5((X/B9I.IKW_,F*FC\*Q3=R7KU>OJEYM09F0N2)
M[_P><[D>'5@`\S22F\FI+^LPYQA3+W)&69E]E3T1$D1)TEY[EIQ/1QWF;OYN
M.TK22I+OQ[B_FR8?IKOQHF**1.XN-)=^X`/">>$IY_[H#X;IK(U#][D.;X6K
M40+>5_>YTFB/S(=G0OQH@$;,*59\%,"JJ'LR$6"K7"?9U*WM^6Z`W\%A'/&*
M-_!UP]C6$'&8\TULN`7K89+031R1!:[DX#'BP.R=?9`W8-T)1CG+.*2,C3M)
MY4\5L+9[S$L`^Q<+M4$[X#U_84?M`[&88[`Q?K\Z]H*X4\>=TW:5@/H5"J&'
MR#K"3!N'#]2HH?13>$J;HR!5"2#JG=H-<Z^V(R%[4:,PXYU==!&\KZC8$U_[
M>9"I:!#0`LA,LPJ$;]H69W^^^8D13V`IZP#ZU^W-YLLXRAN,>5&\Z\FS\+H'
MNK>#PTSGM=O.61YJ=Y030-$.LOM:%QQ.4H+^="P$:G+LY)Y<NJ8'?_H8H(;!
MW%64S3]NQ/O^G*8@E-[+I:U5=:+=X(8+@N5*S)E]#9H7L?4EY8,:;30-7)#^
M9D7*6>:")[UM/[G._/+N^O8^W/'WA6.C:^'._0SZ+1(]?)UEE5<%ZYQ6FK-E
M10)!(D["ML#X>.JMM"\UW?`=,&T-%8\',F--UZ</VIPPP'!Q;"6<"9N]^V2>
MS:7-;6!%'-#X%TW##8`4B>=%WXOY_O>';\'$,G5F3)$XM7D+<\MIW*-,AO1!
M@%OIB4XL"R\8F$"@Y0+&+XTYB#[@D91;AF^JA&QSJGAOG!_WL-/V5FLN0EE2
MX=YSJG:W-US=^\H^N*E1Z[+TU^L_M_,%D,C=-.^D6R'H&GV.>97K'[1^F1B7
MF.\_6]W:D<S_M%9VP5,K.W9(\>!TW;SA>(RLG7'.I#G/7<0:@WW,S(Z*HQ+<
M@SU-Y:M_[UC6HQ/*W13SSF,*EDEAZHNV9)@:;!!GV^41UL?!E?Z36(Z.]30Y
MC,5+/,#.X=8X&01%'Z+.H&LX$V3#?1D763'=0>2+V`-(V1L45;H8MRN#"/8<
MA8+\;F56`M@I"$50F[35,,;^L%Y+RCF39CC.E0ML.G1"@K3T,:S[6U>E)3*(
MCLWU,VC)!XO2NM@NH,[2+8N=%11EQ?R&CQ.%E>BM&5UX.4-EGS^[[JXL^47[
M)UQA4!$\=(1-?,#R#=@$_C)ER&7\+KM%F9+*WY2C[8$L-,PUCK28JR5]>SAI
M9XG#<`J]3)_,GQCB]'>:Y3C.!X_482Z_9#N.CT,3>X?U3@^/^0SMQF!QX\W^
M"J9YLR^W"$R_(.:5,TY%)8]C)MFWB$1R_HMQSO(0GT)VK[\JB\E4N8#0:,PG
MC1\L!U(&,4=<KCU!/F>Z/\QES^VX)Y[T6&T]8!7T>#QUY"+GQU`'>PL<!N14
M-/JK@Q#4K/UFQ.\41X]1&$8ZIUI@^0^OVF(%Q'\28X9A&U!?9G82V(_^#-J+
M$?YI6SS^(I>TV^U=)$#;`H1*H]JGX([]HOWD%0'GZH:]Z!:XE7J#DF[8H\:?
MUE)T4<TYIX`/'1O-:HZ]L.N0'1-@*BB>[EQC&V%P\.:G3OM/5)8B4(XR^/+K
M-=84O6];.%!!E'L<:P]<(-X$Y!V2W\$?E:D\L&L-A&)!4Z6U^,S[!"I`YFX:
M&0A"=U^E_^0;5%WDS/-!_R*7_K,[@%>T7EUW`_2P1X3$DB42&;N/ZUQ8?.`E
M65)U8@&<#U:DZE%YE.3,X4'>CMH&V..EQU=6B1,M0I]+_BYH'1U?V_HB;UOW
M>^L[8%62,)]OF)7.!CRL/@XO:0IS:3D8Q[Y`%0NU,_AKD@]:V,XKE"P@->(8
M\TI/(/A36'IE&RGV]N";EO4GL:IKS+`6Q3GG0WCK4PC>@H(UE_YN@2"CUP9/
M=NF%!Y_-7-!#0">@?.K6!CZN(5_1+!:9+,N<3TXM[75ROH0-U4W[@GE%9+YH
MIH60`@+%U+^4#V8.&T?<7SM>Z7J`;=ZBL+D0NG_$\^GT.CD'A7J13W';$72)
M(;#ZP'4P#RQZE:@M^`BLY9',$3+N$ET-IHO'P#/O61BT(0H%?&I!?""*-1ZX
M+0#*93R$FO;A1UP/KN0[88/HB#G1CLFZSEZ%3#=E2?`EW.\/CRZ5==B$^@],
M&;#Q.^(0;LX/$;N3N4%4:`25\4,?$4TY]T-7K0A/VYD5/Y[RQ;')DE6<[\Q(
M<H9[OR":OW;O"2VB"'QT0@2D(PD)=!!LNC.S5\H3^`1S>IU\ZG<FW6C_#=8E
M0,I'?4HVDCKBA<O9N!7(JRR&*\?-VK/F;+=""A1:,N\3@!1<I=S0'ZN)HKE<
M*ZL])(.ZKN15&.&X*>)Z/$)3<[;+8)1O?[A-I$;?6R>UK@$LIATXP0J\OSF>
M2<U2XGF4I;P2ZX4`^OWGQ)5[#&/R^$ZUGEID-%4*:#ZX3"]]YWYV[!EQ6X_+
MO*$URF7N5`+P73G7MI=PQN!>F:U'Y))Y"RP7A>(`VUT$\K;%U&Z6$F(''_,Y
M5VM7-PVM>7-R-R6K(B1LMT]WY>_1!E)ORK7X;Q'[S1G;6ZSL`\',XQ[7>F_C
MV\/R&!)7)6)6G.NZJUG.'<JU2M%RME*3V&W.U=!KD10MA];#`BYJSGUP?)%V
M5%98WD,D-BOLEG=WU,P**X@'LVSKHKW_`1_ZH5<R90WM64F`[TFM^,F<TF8`
M>ARZ6XN5?""XC)U0$`?./31U7"_S4#JW)`T2[_\!\S!]ZK)-)<,%N/^[:?PM
MM?&H(21J+?#HP!ML?_D)CKP67[=?/Z40EO:QA*]:OOE]4(`M[H`_<F`T6\=Q
M3[/*OSB.L5RMTZ,?J>$7]L?:Y<3[,O$*YD1MXW2UQ:B/Z"39@@S:5)E8SFNR
MYS]<S5A-+N1;@[D6(3E?R+&4N`IO1U&R&(U,3$P-:1A`^U5C94:KJ7CY9/'X
MZ7^XVF+!L?A^0ZG;6NSE6QM7E4N`R\7-=&`Y.ET:@[_A#W%?N;#JA78Z(<;5
M<K5>RG'WO4]U(F//VY0O0$^C@Q/\FHR0M9#+]Y6[J`QTVSE;V!\FE^2+W_KF
M.CHAQD'#%]>"(9][/>KF"]0/VG<6!J&0,KT?A:W!4I4*AXG!5.HPS;GV74WW
M,V6/(=JP^K1\R\:XL5*2MKV%X-:E0"=@WATT!Q?P-@]^O9S-VN_TRY7Q5@2O
M*@Z;-P5[@^Z@KM-N2C:X^0G6$ZR25C:OEL`'@@7\M-+*FOWY4JN!/'+Q[FZG
M?R$"P':Y3M%W60?>XB[@AV#@:C*I`05%=<D[U]<7LCSX\L>XSO_2"[L")-+_
M8%FQ<83`+KTKMTX-V,`EN34YZ/7R$>:T,G,8;.O`T:8+5!Y'^;KAK6B*&EM3
M//UEKAK''%&5,Z%4E3>NCM'9@WII+(MRL.J`E[-WDH;*.W&:6-5B+40I%\0B
M.2`KZU'[&2KT+#3L;U"X]VW>T.OE1\MT<GK@+ILKZ%Z_)JV6:>0I`_L;.HH=
M>_,@>7AA^+U+WW?-2>#3@E7GFX9[JP0T^7;9.=]0W>=<G?F0KBR-2S;M&9@Z
M@!+:BM9UYI$H?732M9Z/`*XKR]%_'`:[&%H7;W[_F^5_,,R7O\W\#_@CW;GB
M^4N+_/8_$RS\=L]UK%%9>.1]],.'N>;";3SWG<7[;F?A?_@?)7[>C1Y^IDVV
MWU^\&PVRWS"B;[R:AO_\?O0._XZ'.0<3<&:_M\C4_Y"\VG'?7UF:_N/#'-Z8
M?B19\E??.,[J:F=8?OWHH>/L'Y[Q%IK]V_]TU?]17.>5_0(_9U[;[P[>=7&9
M\$T3Q_>=^3G]SGM*CBM_"8^6WBE&/XB[>:_Q>Y+M3H&RH\W@S^=3;6Y:R_>/
MYIQXRE?RJMP[<\VFWSOWS'^3]^,%>^K\E9'<Q+&,#^Q]_\4N?[C\_Q'-56Y`
M4A@*7!`J)92>>J;@/:&0PE4*P/:K[TKZ;AQ];R#O09]A+7P/\+$BTL:/]Z3K
MZ`6UD/7W=P_OE$WT6PSTR@XO$;2"()H[:(?1FN9@2M"=]"O=2+^!$!%G)Q(W
MXNY$XD;<G8B"FXLJMW&QZRZ&5>YBN.LNQAD+B/]&QJN6CX#T(2V?$[5\1%:7
MV2##/?3DX]DI(H-3LPWEP7<#W<<@TI&A6NOZ_3V6+ZO'2.A(Z$CH\-="J]0M
M*]88J]8#I78GM;OFJB/A@&JIW;4/G-U]7AP^=2RQ5^?)*B232^/%]!QW*>E$
MJE]2_6JF^A5?GMZ&RZ-VU;17>Y_$C1U4H?`E-45/%5C*PN3A@[C7,3(+JLJ;
MJ3E\'69Q-T)X2`0((;VKAG^-NE-<,B[!?PSP/Q#WQ=3)8<Q?0G]OXK>-P/0E
M\(\!_!O+A!>SPJDR&&B0!K\;9GNU9"-'KZGK8L5Y_9MP6X>54"ZEH#[[H`AN
M]^2%V$&!./""!?^WO55_R2,G]::CN;`/R%TJOP]^\/SO,FRL/SH@!<?%&[+%
M-!_QN>]%!U5ZH]Y1S55)+4VB%G5\(:FE5FJIE%0JHY-^5Y*)))/M[$22B223
M[61R+JE$4@E?*KDH2R/[.AZVKUQ+IO_V;>0"C)+ZRE#?4!T>S3TBC-/C*_$5
MG4[R5DQ;F6JFJ[S0?CC.5#067M7JD?E5:OV\S2:ATT;HE`>-(#N7<)%P:0=<
M&JPX'J8.U@1OL9+]=PK[J6J_M!)&'ZE"!3-9$T;%2)IJMECU.KJ_7,+^:+#O
M#\:M@?X>H!?##R.A+J$NH2ZA+CV]QU38CQLK'FS,*6B/YW2&0T64MQ9M[ON+
MXMC*-)JR<EB7D2;Q&>D@E-`1T.TCX2+A(N$BW:?2?7KR[M-PW(>G:'XZA(W]
MR:06)O4,"1TI525<)%R:#!>IA4DM3&0M;.JX`"Q;(3]9-F&+]:YC1U&[&]-:
M)?`K!;X,+QTC(#$82+`?`>QO>P4U[!+N8D53)=1E#%M,??VHV!QM3#5K3PC;
MC$?2*BR,K;C$PM8QTG4JG8,2.M(5)N$BX=)HN$A53+I.17:=^H[B^,_P8O]9
ML\]],L>>L.Y2ZE]2PY#0D?)4PD7"I=%PD?J7U+]$UK_,^4(S79I`V&*5Z]B!
MT[?JH#W!)/'`+T-*PH>4)-0EU"74)=1ET+JU0>MM2E)[PM;YRNO6L!?I$)30
M$=#-(^$BX2+A(MVETEUZVNY2V(5ISP+3>Z9)@\Y4,<CDL#&.3;KYTG4G8=]&
MV(MD!@LW_ZX54)>T+J$NH2XU]N9A<Z.\:(?/]`XS3!6;^(I+8#__)L:J"[4U
M?$8\+5+M2^`?#_C"3;1LA8254!=>KY%0EU!O"]2E#B\X-KNR7O_#/7DA=@`/
M.5,X@4TGK-)2_;]N;V3NLO0"MQ'V:D?V?A)>NDJH\TH`'+>G2$(DN+?'02,2
MU*4&?TH:O-K9.%NS'2K\K>W#>STRH\DS;JC0Y^#B!0O^[W[;+1`>J3<=F:6%
MJTT<WW?FY_0+[ZF)L_*7$$F5*[D'[.?82G%?.'DED7O"S6Z%06X-F*WNS@K7
MMENBE8??4KA`ET0K#T-<%<X0EWCE@M?AL!1F&VQV5DHPI<W4IE+,1B?%)J-6
M[:Z:M"?C15([PSW,[O"A*K#TZ/B:M=[<%H-S^\ZBB.[QXYK-HG([.;9!U.\+
M5Q`@,7H01L?JQ@'S+<5HI>BLSNW;WYBY(7'9(%QV):,]%51*3)X*)EMHLO(F
MDGV-U091B7K6'77V-55/)_[ZF<TXPM'P6/BD:,8_@W#\D6@,L45)?&_5CG#N
MU!:!7Q7/@);Y31+J$NH2ZA+J,H-29E!&<KHG.QE\N%L05\,69*UA*.(IC#WA
M7+HM`OY(N(RB5HC2\4B"_1AID9+:A5<<)=2ENB[5]8)HZ<8LAG:HZ[3@B7BR
M0?#Q%,;V\'+Q8*]VA,MD:H4DW5)L*N$N>8V$NH2ZU-:EMAYIZZI,C_EP\W-!
M;$]V&!--C6P/@Q</]GWI^!5>NDJH2ZA+J$NH2_V]M?K[9C'=#O4]VUV,A,I\
M#BZRNQC]@FQ`M6<"BG#9/Q*YW)`[E*WC-DF[BC%;73Q$-HT[1;3*GG&GB%7A
M0L82JQRP^E8=%:G()VER5DHPLK78-HM6MA9;L;DK;RVVUM86@W/OT*A`&!Y?
MNG%5@ZTM($Q),9)BRK@Y>Z):<DVB&*'(I;J4EHYP?1TDK0A**TWNTB=)1;HG
M)*4(2"DM='D<FP@K;&775"H<=O>NP\L[4IJ:&*`[<Z*\Q9YWOR@3,G5<HICL
M0U_[V62_A3A6I4!68J\G7-*JQ.B!+5=$#<S+CKVEU:+!0+AVEQ*9^R*S*Y%Y
M.L@LUTE;XE)@7):*K+3"\!3%D!2&0OI[3Z0^%</PF^N\F)[IV,K;";')U/1_
M4<`X;()M>'PG7O.S?569%WK*V.V):C,>'[M-S@M[JXYZHNJI$K.G:7](O)Y4
M@:_$*H_\FG99F&(%+!M'+9O[=K?!V/Q*_,BP9)%(0;GBGK%PPPDF%BFDPMYA
M&^>'@O\N`W(^B;6[@N78UE*W*URK<4F/;:;'P<:&=)(>CT^/8A%CA5["$TL.
MEI384$I\JUY(I5&2HA"D**RK3E)BNRBQ5)"G^6ZHHY-WSF,EZ;M2^AX,9?Z^
M06S?G)H:8$O1/(_XHF9E)(28I:V$$GLMD3[KG!75P.78WHK!V5B\"8F2)EM-
MDVKGK#,6O\%&VXE2,(JLSJ%[-NY+:I34*`8UCB[$;PXB:;$=M"AJ>I2DQ+91
MXMO>6:\[KK-G137-^(OR@W=KQE^_&^]8=TML/]X)7BYU>-;=7,:^T9?76^&%
M!WOSX-PSUPEL(X3$?WVB_ZIW\UVL@=#3RC\.8G&O,U8I+VO?X1Y.#SY[S/LV
M)/HD^MJ&ON/@3B).(DXB;K\-5HH?8=!P6M`^I;0.3L`[O(%%Y5C<.)5PK:W3
M'6PP=@:#_AY3'^.G#K%J1NN<$>HORKER3Q8N\8CM>XK_3!0OF..0<?_9=(WS
MA>;Z2V5JVIJMFYJES`+-U6R?$,4FO@+/S<U@[BE$<VUBG-$/3?N%>#Z=<\A*
MBL[@OUX`C^GDW"46G5H^);!5S384EYCS2>!Z!!_PSM)/PQFT&?T\^;H#.W3I
MK^_VM59/"'W=%?29.&420`X'6$;(B>JZ$'KA+(RS[!=IUDHAM*/9&2L/T%\`
M2P5+*POB^IIIF_9,\9W,8Q)?2OC/)3HQ7S!CB(%YH2V37S*0MAS-EI1.O:9`
MZ=>.[9D>T#FPIPR8@(E$'$:9:!;^%VC6)8O`U9\UH$IMYA+&82B,#3(EKDN,
M3#.=7<'\JX_(BG\SS)?HY]2/]#O1V1.X6=K"(^^C'S[,-7<&``3Y];[;R2)K
MEU&XM6MU5:W.:710G?M/KI*ZX2KUNX.#"[5U@J2^19&)WG.H=YC^]LI(;N)8
M1N%M_#\0]\J-;<`%^@BL;#X!D=Q3SY1N1]T8N2X[ZEG2MPCTO4E2]!G6<OKY
M+@WF=J'KZ`6UD/7W=P_OE/*._<H.+Q%4-$3=UGS3L<$4:0RF!-W)_JTA=Y)(
M#82(.#N1N!%W)Q(WXNY$%-Q<5+F-4@[BRG912S/D73923SODP^A#6CXG:OF(
MK"Y_"R:6J>^A)Q_/3A$9G.@X?/#=0/<#EQA'AFJMZ_?W6/Z`<+2$CH2.(+MO
M-G0NRB^^;_)!%1ICU7J@U.ZD=M=<=>03S<D@4KMK'SB[^[PX?.I88J_.DU5(
M)I?&B^DY[L9DEA.#IE2_I/IU4NJ77J8T[8#$C?H:4^T8/55@*<MT[.-VJ-HG
M<%U5WDS-X>LP1ZT1PD,B0`CI737\:]2=KAUWX;B:+\%_%/`_$/?%U`\<&BFA
MOS?QVT9@^A+XQP#^C67"BVGB6"GR;Y`&OQMF>[5D(T>OJ>MBT:UC6=$FW-9A
M)?">]%QEX]I[\D+LH$`<5-/V1MV[[<U1RE6K&>5^K#8VI:?SE.Q+4V6KT'Y7
MU$'(DEK$HQ:UW^"!.(VDEDI)I3(Z&4BF(LED!W8B?E=@22;')Q/QNZ1**FD8
ME9Q2VQ@^Q"=V4U#AJ6_8W[N_Y\'N$6&<'CCG6G_6[!E13%N9:J:KO&A60!1G
M*AH+KZPMUFB/YAX\.BY*Z#0?.N5!(\C.)5PD7-H!EP8KCH>I@S7!6ZQD_YW"
M?JK:+ZV$T4>J4,%HIRZ"/;A<\T7SS9<#,Q*:=.WSRL6Q_>7"31IJ$>R[W8W3
M4T\*^GN`7@P_C(2ZA+J$NH2Z]/0>4V$_[G307E=Z3M%S.M-`>5?>6H[G$>\7
MQ;%3C<%;PV>D@U!"1T"WCX2+A(N$BW2?2O?IR;M/?3<(1QGXZ1`V]B>36IC4
M,R1TI%25<)%P:3)<I!8FM3"1M;"IXP*P;(7\9-F$+=:[CAY%;4\054#@;\PI
M/BG@BQ214(6K7FL'V"7410^F2JC+$+:8ZOIQBW\V*DEMCF"WAKE(GZ"$CH">
M'@D7"1<)%^DQE1[3T_:8PBY,>Q:8WC/&KA5GJAAD<E@[S";=?/%<=^TQJR7L
MA9%XQ\WCWIC&+<$NB5U"74+]L'+:4MTG#]39JVG4V]N[4>_I&`K']=5VI*_V
MSG\FKF(37W$)[.??Q%AUW;:&O8FGO;[M7A3P"`E^:3R<L&274)=0EU"74!<$
MZM+=+S@VMRE)[=#CHR$SZ._74X-ZE+]N;V3;+ZE#MA'VW=ZH-=`7BB.K_?:8
MK2(!OCW,1B2HJQO=B!+L(A"[U.(%QV:WM[%!:CN4^%N<^'GND1G-W''KG1O9
M;<+<R'T&J5:BYAZPGV.KQ1?"R2N)7&[('8DZE?'XR*T!LY6A=2Q<':I$*P^M
M1]2IAQ*M!SE`Q`O;2[QR"36,.J4PVV"SLU*"*6VF-I5B-CHIQ*ITJ7%UM3/<
MP_`.'ZH"3X^.KUGK#6XQ>'?5,V9W-XR:-:E^H(IJ$TF,[FGDMG9:^(YRLD'3
M<M6A<).Q)"[WQ&5?HO)44"E<!RZ)R;V-UEY1:.>4C5;>1+*ON=H@*E'/NAW9
MNNK#9UKT1#O\8_V3HAG_##R?AF-%8X@M2N13.\*%/]H$?5G-+YSK4$)=0EU"
M74)=9E#*#,I(3*L;JQW:H;_?+8BK8?^SUC`4\?3%H7#.^18!7^T(%^QJA2Q5
M![+6[!AP'P@7<F@%V*7"+CS4I<(N.#9[XXTSG=JAL-.2)^+)_L3'4QG;P\O%
M@[TJG>O'4=?E/#WQ-1@)=0GUMD!=:NN"8[/;V^C6;(>V?O-S06Q/=AD338UL
M#X,7#_8#X=HI2.DJH2ZA?D)0;T]`522H2_W]E/3W@53?5_J+D5"9S\%%]A>C
M7Y`MJ/;L+R:<N)+(Y><XW^P&:35V:T!M97@5+GM)8E5B56*UV!4M6?`IHO5M
M=]2V0FW974QV%^.^NJ#=Q=::VV+P[AUZ%0C#Y4OWKFJPP=4=BJK$28H1DV+Z
M3>YW)PS%"$4NU7&7L:0522L\QJ5+4I&DDI2V")?5+DE%4%)IH=?CV$1883N[
MIE+AZ$*.'_MP:^O.G"AOL?/=+\J$3!V7*";[T-=^-MEU(8YA*9"AV!W(+J\G
MAM&+!IMS@BA2HHBDMVIW(.H8(8G-\M@<262>##)[JD3FJ2"S7\JMU0KK4Q1K
M4A@2V3QOIAW6X3?7>3$]T[&5MQ-BDZGI_Z*`A=@$`_'XOKSF)_Z.177I2N1R
MR.KNB.H).#YVFYP@]E85UH24B#T(L1*OIXE7M=R`88G8AB!6+=6GMOE6IEB1
MR^:1R^8FZNVP.+\2/[(N64Q24,ZX9US<<(*)10H)L7?8QOFAX+_+@)Q/ENVN
M8#FZS33<."]/TJ.DQWKI\>+$"@5.CQ[%(L8*C1AQK1A)BVVCQ7+9I9(4)2E6
MENG<Y*P!28HG1(K=4JIB\[U11Z?OG.-*$GBU!+ZY*^\F_YG:/0WOV:U!;-^<
MFAI@2]$\C_BBIF<DA)BEK802>RT1/^L<%M7`Y=@>B^%99W-73DF3DB;K]J*I
M9\.Q^(ZTMA.E8!19G1YS-NR+FIHEJ;%MU-@7;FB:),66DJ(ZDD):TJ(8M/BV
M=S8<U-K$HIH._?V]._37[\<[UMT2VY%W@I=+'9Y=#/9NSJ&JJ_@ZV)\'!Y^Y
M3F`;(2C^ZQ/]5[VC[V(-B)Y6_G&0BWN=L4J!6?L.]W![E.(C>2=&<[27VEMO
M2)C77+3-"^`2VA+:$MH2VC5"^Y22%3@![_`.#95C<6-!RUK]O3O8H,`/!OT]
MYAO&3QVBJ8_66=CJ+\JY<D\6+O&([7N*_TP4+YCC.&W_V72-\X7F^DME:MJ:
MK9N:I<P"S=5LGQ#%)KX"S\W-8.XI1'-M8IS1#TW[A7@^G>C'BF7.X+]>`(_I
MY-PE%IW//26P5<TV%)>8\TG@>@0?\,[23\,9M!G]//FZ`SMTZ:_O]C7!3@A]
MW17TF3A/$4`.!UA&R(DJEA!ZX<B'L^P7:2Y&(;2C$1$K#]!?`$LQ?J/O*0OB
M^IIIF_9,\9W,0Q);2OC/)3HQ7S`+A@%YH2V37S)PMAS-EG0.=-XK8%,SH#/%
ML>G/!IGX(5R!MV@>'-7V3-BMYF-_&/@B?&`3G?[V:OK/C-$1W[<8Q=//KC3[
M!W*^RSEQ35V3@$</+`#^&H'I`=@!-AGZ!-X=,79EHEGX7V`5+ED$KOZL><!S
M9BYAC)T2MT&FQ'6)D6G1LRN8?_7QEL2_&>9+]'/J1_J=Z.P)W"QMX9'WT0\?
MYIH[`P""VO"^V\DB2PXF*C^8J,[])U=)W7"5^MW!P<7?.D%2WZ(_1N\YU--,
M?WME)#=Q+*/P-OX?:%G*C6W`!?H(O&X^`4VHIYXIW8ZZL1>2'+S51/K>)"GZ
M#&LYLVB7QG6[T'7T@EK(^ON[AW=*^1A!98>7""J:TFY350HLP,9@2M"=[-]R
M<B>)U$"(B+,3B1MQ=R)Q(^Y.1,'-197;*.67KVP7M319WF4C];19/HP^I.5S
MHI:/R.KRMV!BF?H>>O+Q[!21P8F.PP??#70_<(EQ9*C6NGY_C^4/R`*0T)'0
M$63WS8;.1?G%]\WYJ$)CK%H/E-J=U.Z:JXY\HJDP1&IW[0-G=Y\7AT\=2^S5
M>;(*R>32>#$]Q]V8171BT)3JEU2_3DK]TLM4N1V0N%%?EZL=HZ<*+&69CGW<
M=E?[!*ZKRINI.7P=YJ@U0GA(!`@AO:N&?XVZT[7C+AQ7\R7XCP+^!^*^F/J!
MHR@E]/<F?ML(3%\"_QC`O[%,>#%-'"M%_@W2X'?#;*^6;.3H-75=++IUK.;:
MA-LZK`3>$Z2K[()[3UZ('12(@VI:Z!1U>-^MA<Y1JH2KF1%_K)8XI<?]E.QQ
M4V7?T4%_?%1S55)+DZBEVR\U3E)2R\'44BFI5$8G0\E4))GLP$[$;S$LR>3X
M9'(NJ412"5\J.:5N/7R(3^P&H\)3WWB\]^"?TQJ<K3]K]HQ@+XZI9KK*BV8%
M1'&FHK'PRKJ1C?9H[B%<@T@)G:-`ISQH!-FYA(N$2SO@TF#%\3!UL"9XBY7L
MOU/83U7[I94P^D@5*ACMU$6P!Y=KOFB^^7)@1D*3KGU>N3BVOUPX_U:;8'_6
M'PH7K:A+Y#7'$R.A+J$NH2ZA+GV]QU39CSMJ"23UQ@F/[?&>8K=C3WEK.9Y'
MO%^P[W'2D[TUG$8Z"25T!'3]2+A(N$BX2!>J=*&>O`O5=X-PG(&?#F-CCS*I
MA4D]0T)'2E4)%PF7)L-%:F%2"Q-9"YLZ+@#+5LA/EE'88KWKZ)%4\>HT6@3]
M"QG$/D90XJTZ&!<454O(UP!Y"7?A@ZH2ZC*4+:;2?E1L#@:;T-F>.'9JO#>+
M92O11/#6,!GI(930$=#O(^$BX2+A(OVGTG]ZVOY3WU$<_QE>[#]K]KE/YM@<
MUEU*_4MJ&!(Z4IY*N$BX-!HN4O^2^I?(^I<Y7VBF2[,(6ZQR'3MXVIZ8AGBP
M?]L?R$#>40*HPXX$O/"Q/`EU"?6V0%TJZX)C\ZW:V2RLVQ&ZOD./J6(37W$)
M[.??Q%BMR&X-KQ%/GVP/GQ</]NU)`!:)*P\EU$77;"34)=3;`G6IQ0N.S9'4
MX*.Y>XHSA1,DLPN5OVYOI"->*N]MA/U(:N_"RU8)=0GU!D-==EH6G]BE^BXX
M-M6>[(+ZX18'H)][9$:+Q]QZQVAWFS!&>Y^Y\I6HN`?LY]@JL2KLA%J)W<.Q
MV]]8A=MJY-:`V>HN[6BC@TOBM:%XW:SV2+0V%*V%VI3$:_/QVN^6PVR##<]*
M"::TH=I4BMGHIMADUJK=5:/V9/Q(:F>XA^$=/E0%EAX=7[/6&]QB<&[>4\_W
MMXOXSR:OTB(:]T2U=R5&]QV:-!8OKB<`3BM%:'4FD'#Q$XG*?5O`B6K-2E26
MCFI*!GLJJ&RAT<J;2/8U5QM$)=VS?D]V\/SPF;7LQ'%'6/>D:,8_@[";IV@,
ML45I?+(+_S&!?]$:X(N4$B.S^234)=0EU`6!>H.-@G:D4`XZ4GN_6Q!7\TU[
MUAI^(IZZJ':%\P*V"?I]X1+%6B%+5;4]5"\2W/NR483PJJ.$NE38I<*>9UV]
MC5[-=FCLM.:)>'YK^(EX*F-[>+EXL%=[W=9`7R3>JPXDW(778"34)=3;`G6I
MK0N.S>Y8=BCX</-S06Q/MA@338UL#X,7#_8#F1XCO'254)=0;S#45>%*9%H!
M=JG`GY("/]KH\6F'_I[M,$9";3X'%]EAC'Y!]J`ZF0P@B5U^CI".J/7TQ\=N
M#:BM,"0BT7J*:!7.=I!HY8#6"^'2/"5:.:#U;7\P:EFMMFPP)AN,M:/!V%I[
M6PS.O4.S`F%X?.GV54TVN(;"19@DQ0A-,8.1J+9<DRA&*'*I,*]%N-X:DE8$
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M0Z=B<WXE?F1?LK"DH)QQS\"XX003BQ228>^PC?-#P7^7`3F?/-M=P7)LHZEW
M:LF3DAX;38_CS0)#TN/QZ5$L8JQ.UQT*ZW60I-@R4NQ+2I24*`0E]LH-XI:D
M*$FQJOX1I13%YGNBCD[?.:>5)/!*"5P]Z_9:[SV[-8CMFU-3`WPIFN<17]0$
MC804L]25T&*O)0)HG<.B&K@<VV,Q/!N/16UE)&FRG32ICLZZ?5%SG211;E1D
MCD>1E9%C]VS4%3_,(*FQ'=38%S_"($FQ':0X+.?$D+0H:;'"W*ZS\:A39WI7
M-4WZ>WLWZ:_?DW>LNR6V*^\$+U=7!158H/%[<.Z9ZP2V$4+BOS[1?]7[^2[6
M0.AIY1\'L;C7&:N4E[7O<`^O1RDVDO=A-$=YJ;WYAH1YS57;O``NH2VA+:$M
MH5TCM$\I6X$3\`YOT5`Y%C>I\*LTF-;@NX,-*OQ@T-]CQF'\U"&Z^FB=B:W^
MHIPK]V3A$H_8OJ?XST3Q@CG.U/:?3=<X7VBNOU2FIJW9NJE9RBS07,WV"5%L
MXBOPW-P,YIY"--<FQAG]T+1?B.?3J7ZL6N8,_NL%\)A.SEUBT2'=4P);U6Q#
M<8DYGP2N1_`![RS]-)Q!F]'/DZ_O:WB=$M:4\)\#V'(I:-Y)L-"ACEEB-G'"
M)!`@'&`9D6I4P(6T%,[`.,M^D::F%-)>-#/CC/Z6>8C^`G1;L+RR(*ZOF;9I
MSQ3?D02<(N`,"%VB$_,%LX,8M!?:DOXB:9OY0H&VKQW;,SV@;&#/*["+.:PR
MT2S\+U"I2Q:!JS]K0(/:S"6,PU+86HYF[PS87WW$0_R;8;[@SW__-?#.9YJV
M>']/=`>$@V5JONG8=],[('CXT9Y]<YVIZ7]V/.^3Z\P?V*17[]'!8V".'PJ"
M1P#QE>7H/W[_S_]0E+_/)^;[;Z%0N:$RY2OQ/T72YX](^-Q&IX6E?%?3?>_2
M-NB'Q/A(7"`CWP0Q`OBV$8?W9/K;FT_W=U^>_E>S.^I3MZ/VGQ[OGCX2O1?^
M=F/[IK]\0I"/U?Y@/'@*C_?TX,,^<>=_$&?F:HMG4]>LRY^F]P2;?;I#'OS9
MT>G9O2]D/B'N&\4@NCG7+.^W-^?#-XII_/;F]N-3K]]YHP2VR;;S_>'CF]_5
M+L/RWW_E>W`&S`A!N!Z@P_M&W(=GS24QS`^!3^I8ZIO?D3)"PL`?%Q'5K]Z@
MN>;.X,:`RO9>[='[&7["O+WO^_0SR[3)>7'Z8_DKI786[+'S5[;BQ+&,Z+6X
MJ?>=^`U?'9\HZNB]$H%,`9@I%&CYR[(H<]I.[J@7E1RT^%SQ<1:Y8^SY'K9N
M'BH'+>?R72XO:P]:+I^N>M!RSWR7TX1&!6="44S@[9JE!\R8"#RJ7('MXK\Z
MY[H%*IPR)_ZS@UJ:\@H<^YE:*/0*P%U6-,M"E@V/@D8&0G3NV+`7Y(A,\W!]
M4S<75(@I'M$#U_1-V-4$1*FAP'?A5::KT#B4ATLPW05L(L>>.NZ4F%1D*L`1
M38/8!@AL-_Y%(?\*@$];*`O?*8^PZ>M0BL^0QWN<J1:U4M?4\:S)"7,?HEBB
M)]&9LJJ0^<)REI'F"^<ZCSZ!@\!Q?<=%!5O1=!V4(JIXO)K^,T5">)Z_:?/%
MA_\:=]71!P\T#GMV#AH+5<`Q$1R@M7!1H,Y!4PE1A#(&P(9KQ#BP#X.P8@#R
M&'%P)D$T4W%ET'9,)Z(*Q=/FJ(*!F@:&!'SB>.E-(NTM-#-#=BA<GD$D$9>1
M`SP04!LXP=BKYL+#;F39K"70=\I'=EJV)ZHGVB0QPW&#T;7!UHGPY_A:P"-L
M+V"WZ%9@,#1$YHP/Y#()&,QA[[`!OM`LOF\F@ZD=S%&C!`PC+>(GAFD%E(1,
MH#3=9^X*A%SJX2GHG.S+Q'9`3<<%U@$(NWF<`6TI9#H%VD;V,H/E[?"L97>7
MO#`"IK=EVYRY;;Q'#V\;OF2I&`X<T`]Q'.X=STV\<!_1O7VG%!BI#5)VKN#V
MZ1L(6VBM(*01N)S4QX`FS'P1("^8+!DC02I,+C7GMVLOFFE%M[R`0W%^'9P)
M"8\IYG!&[06NTHS>*;"CD"[3>P!"#7S/!\`@#!+&3F\SWYTY!K`*Q`1LJH"2
M7#*U@$^LW.J0><"N0;\(>;>SH(8AB#C-9>(=\1HS^)P@WG!"![F+Y@-(`@N4
M%#!50%["F]#\]P++CRZUZ7D!%<@I\.':3-F(Z8ORQW6;Y*R;;CHR;PH&]/!=
M,J5H\ET8J%];+*SE6N6UT.%]T"M3FK)+-"]PER$)L#<BB7`61<4OXDU@0/+S
M@H;/AY$2O7BNHQ-BI-0)\I.XNNG1ZY6Y/A1=\0T"V8_?#FS07)V9#6L;E)<3
MVV/*5^0>I@MSQO):]O)J`F>:P+8\9OO$#L*(P4[7:O!9,\FGWXOX-0CB'S0<
M9`+;R;&M=YR/]RF$+=]5E\#G/;!!#&(([8;X")80E8X]]4SHC:+?D.^*9_QW
MV.,M?KBS;-ADOAOV@6!$IS6J7=QE)=#D16=T-AYPWS+?]?J]LZ[:.;M0\_6^
M!^-?Z$O9ZYV-X/#CL>!7$X31`I1I4*NMY5E.U/+>^Q[*.6?_!RKV]#["-LS(
MHBB(T#7(#G\4VE_.VW+FN]R4LSG+=SG+$GI[KWR7X^Q:L/DN-Q.:CGW.=MZ$
M,R&WB:=PCOV*'2'D[5$7F@=POF6\_2A"'Y:[OXLY[.,`VX1&(U"O--;[D\46
M]V*G90A.#T+#3OJ\I,^+C\^+OY?J_0;C]]=4KF'J1Y:?$+XP2=:UM(5'WD<_
MI`WD;O(Z^OPNY=HU%>%T!^.R:[-'CE,$%F=6CS<D5G>'%P>/Y,'D(>)N`43T
MGD,\&V-Z7OI[.G&T*#O[_R@;O4$VJFQD51LPHI9OUKE7^=+&#@3=C<CK'X:Y
M'0B8OJ(FI/TWQLMA.8O&[LA/G2RB[!B:!!@K9]K<">P#FY7N0K4[7K!-.!I=
M<.BCS?$BAONI":.%PG?;E=L=5IPNI\3ECKC,JRD;<<GX6F7H7&6;%3>SYXFX
M$M7;7:$V?FAPHAR]E9HY7)>X5M55368O><W[/M0JJ=<E=!98"+6*Y(,NO3"7
M^+!+6=,5D=#>50"6?$&E@JT-4*])#.2&0#3'#;&G%ZA($O"=P+I#'\'2`J#F
MQJAK(56J>2.E]Y*`X9(X4K3SP?#B6(J81&DU.^\..OO8<N6VOX<DDY@]=.=;
M)QM)@7E4@?F9>-Y[);`-TV,5G.GX<Z8*>EV9HW`2ME(/])XJZ#Z;.>Z]'8HE
M8R52>6A.0@I9B5H.J.V)Z9R40K;0*BU?1BV(4*W6YU_9=:YVV\?EZ8.283!Q
M?*Z24NHULOM"RW]),*(1#-CN'2'5BD%!R+,YBD5S1+D@]^>@^]`067CRH!9.
MF)P\Q*6)5Z.)QU)0<GVJ6->4G`P]:!S>VCTH;]6]!^+5'?ODO+Q0(8_Q^$P=
MJ6>#CF"665O`?W'6`?!WU%)SJ(\14SQI+(S/QKW^V;![M$#")JDU;$W=3LOX
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M#W)IZ,D*?E]6\,L*_K:!7U;PBX`%H2OXI=2BR]U,IT3W<8YTY(GT'?V'0OX5
MF"^:16S?DTG6XJECIP47R78E/Q2%'RK*`V6`SL+'L:V2]QW)]:AV^F?=_DBJ
MST?Q^_;5LXNROE_)Q;GBH#/LGO4NCI8<*D7%#J+B'S(1KH0KM($!L&&W>S8>
M"2:%)')E/IS$K<R':Z;4C*KY=PV4"")*CY_G(?-35L7S1>=L?#$&(2VF@#X^
MZ"7)%)!,3^V>7:@E`W/")2](RJD_ICB^&)UUNB5CBO4H%_T5A#5*NR@CXOF.
MVFC\R(\=MB%0@$I">JT\V078K1IF(RIE2Q-OSQ;<1FCXR2;<5<"\11UQN^]&
M8E8]2:H1F&K4=]V2;;MD$VY)/.%RPW>]HV7R2K.O)K-OI\;`-6C'O/8ALN'7
M8E@?R?1K,<3;P8L/\*PVCG=72K(-H,-3@DH]_+"9L*F'<ZT>MU+.I4<C"=3.
MAID$@UZ?H;@BWV&\_B'FPFB-M8!5F,JMK5N!`4_VU>[9:'AQI@R[&$(:*IIM
M*(/.\&RD]K'N9ET_5L5_UGQE3GSX@<#G[HNI$P"?;9B8FDZ7>24N40B<V0S;
M";E$)^8+46S'GCKNE)@^;31DF"^F06S#4QPW_D41T:(1F1;%H;!4>98">*84
MLB2:ZRF`5V(H'X$,YA/B*CWU3.EVU#[]_QZE&?BA>P:$XBV([@.M6,MW`A#"
MKY10X]^`1O'GO_\:>.<S35N\OPE[&7\C[@-ZCA]A!U>6H__X_3__0U'^'GWM
MFTOF9C#W\.O$^$K\3Z:MV;JI67\$&N;J$G)K>P'\I)-K.+"KZ0!"N%1XHGLR
M_>W-I_N[+T__J]D=]0D!]_1X]P30[(6_W=B^Z2^?$!5CM3\8#YX,8CY])C/-
M8G^Z_&EZ3^%NGN`-E%UAZV7VYYN?R!7@(']IKHDGOH4W`RY\^F>X]7_=WGRA
MJ'NC&$0WYYKE_?;F?/A&,8W?WMQ^?.KUNV^4P#;99K\_?'SS.^AFC#@2:.T%
MABPDO]LN`0S_FQA_:*;]V?&\._LC<8'LD&@VP:R7@5E/!)CU5F&FCD:C5:!M
M.7$6/)]A)Z8%N_ODN->69LZ]2]L(?S#^&7C^'"[GS<\%L3V2@=7EP]/=I\TD
M-9^83W2I^"440O@Q[@I>]%DC]P1%`O&VG+R_>G*0/*L'+W,6!@78ROM=2"I[
MB@?@%^;4U.'+U\Y\X=C(O^ZFU\^:/2-WP,/<@VXB3[`-5L%VWE,CL%5U^"R!
MP:6]I3$TW/LA<%E[QF&.-(87JZ21V45V@_\($S@O6?[FUP`!>C<-\SLID_;N
M`M_S0>B@9G,`PT@?H9,ZP2AU`I8^"C?[HM-3NQ=J+SE$R9UFC_F@/Q,CL,C=
ME&*8&#'J[R8@`#5:)O@/TW^^AK^9_D<"O,ET7/IY^$1$$8%F?=.6<XKX-8!9
MX0Y%S!/I^2$`&C8MB](;<,J9XP(?C,G]6@OP]9]-S_\3CKZ%UL>K=##LKY)!
MY4#@!_,_7*#4[-6K%L*?G=<M`+Y8!3`GR!8<M7%PM#3/`[9(#`3E9C@..CDI
MWH4/.9+J5H#>>#YL#)A&S.WOB>X`6S%7-*+#I'R\.G+=\`VH^##XK`#NP=?\
MH`BB6Z"IYMA_K[<*S$WG/1JI;0!F,4C"'=UZ7D"\C\0#28QGNO2*J"]61-=I
MFU?+Z#&=[OYNFM)B\75?'7O=LP4H&:=0DE/M0YVC<OH^@CZWW4K@J,\-<@;`
M(*;U:M4Y7'W==48MFW[?N[63>W4W_6XO--/`+Q./?>'6_FAZNA/8_CU0;E50
MW<QVUL(V9V*<]S+`Y7W\+..AL+ZU@02HF;(7&\;5+<<#EN!_TDSW+\T*R%?'
MQTVY1N;3&%;TM]V?6^$M\>=7RR]$PVN,>\<.<E[&&([X[]TT?B+^(7PY/+L%
M/SE;)J?>K<)PQ1)Q?.*!SD8]B:<$W6O-=9>@?-Z3A>.B0)@CB:T%\&&28>/#
MRV\N8,Y=7A&;P-,F_+@%J3GCK3L:Y#P::<RM$]?Q<>^FTRN-ZFD/SX3X]Z;W
MPXN];(<9H/&N1V]^1_=>Z-VC[D5*5:&',7$C6MK"(^^C'SX`;&:FC>[^]]U.
MUC^<R\'M;/$@7Y3U7U[L'*^YZ)6/-44/[?2&X1Z.Z.'F6%GL`Q]O&A'=&67"
M,?L$F76"%+\ES!R]YQ"G>8G1TDC\"J5^)<4I/$7S%<84T#[_B"+WNP<_EO&3
MYU&U"P"V(&MS8'.7%Y0(;?9'K,]V*6J+'CH6.=<8^JT>/MW>'F^('BI?O2`Y
MYWZ<L[N!<^Y?`+/3;3XTX[4$K_Q_@8/E&Z"IZ+"8:>_!#"N#`P],#2\JW>%%
M?9A*V::GAJ1!R-PJV^0@QSWK0E6I=(Q*M(O=,)!/AM@)KARR(?92[`Z#:CU"
MHADPI>9R>:!*)>8TE!B!51/EDF8R*5_HN%J:$M4,9CJ\V..]-6H2S(E_-T$?
M.\W/:@14!WF.(Z#H_VX[38-K(\14Z,14-`^S:Z7X/SY<"S2`G9R!4@<0B$B%
MUP%N#=@16%*6<NEYI%Q37JD!K`/KK;T(F@++9LC]1D&T$9(I7>T@X7I\N![?
MXM\)"=U.]]">RSL<*WQ);<Q%@<6LLJ-+1(B.5!53KE4)>?N9O!!+*9K"*"(?
M2L<\JH)_G=I*!/]N0^"_$LZH"@4U:S@1%GI-P4*VUK@R+-0KO3$92\*_.?"O
MW4NBKCZXI^+$NS:?A\JTMI,7\PV4FFE93Y921<`LD<\T[.^_D9U8Q6J''`&R
MYP2`NEHQU%4)]8+<O4'%R2[],BUJ6@3W4<7Y.P?FGTJXUP%W(52=9D6$.*I`
M+*AO)N4^XBE#!UT#CJ`JU>(VU&]2>]^A9VU.*>*X^U)CT"1BMZEH)1&[JG=)
MQ`J'V/Y>/;[SJAW'_1_HLI&H75^<LPMJ<UJ,1*U$+6?42NWWF-KOI:Z[`3%2
M^F\XJR:'0B]85/#^MT6QP=2KFLT3I'HL)NQ%TV#[I<9I-!OX`FJ9+2)]$;6%
M-A%_T\$OM;5C:FOWM)\Y[1&#?:Y33DO%<RQ#ZFQ29SM9V(NFLPU+S<]K-O"E
MSB:5AO82?]/!+X3.5BJ53K0$.>696`95N3S-(@*FRXFM\9PN>+@H)2<+'EYJ
MP^D"B)-HD0"2V5?-]&A\TG3:=5N*5.E$:(J\Y@C[[K`]P)=.A%.0I)+XVPE^
M(=2D9CL1G"G.#8C'.2I_W=Z(6'HGMN)SNN"1O@3I2Q!`PD@`25]",WT)Z;%7
MZ+`_]YWSN>;C`'D!_0OA<M7T6=J[SGV?[4C_A;"X5>O`;;M*NT3![4K-?D7(
MK=3]TCT;]KH2P]L4EHHQ7*F/06+XY#$\&HRD(ZD>1]*CXVN6HG%HZ'S<GDU%
M]&XXP<0BA03?:V9E9ND.4H>`12KADAS+&`,"D&.%=H/:&TN"%)T@RW<=JY@B
M*S=V!`QX2J+<J)(+0)05:^\C`1MQ2*)L-U&.+V2!0TTFY6=3FV`&IDE$S$7(
M$7R6AA.*/_!B[V'%<=J)>`D.(L!\C:G""^;"94T(`/.UVCBGK0B8BB$"U-=)
M=EY0%R^_0T)]J_92Y7PHF3)2F#*B:#.7$-D`6#8`EHC=33L3Q]LK$7NR#8!'
MG8%$[JGVB97(/6'D#OK-2PMIK1[\A1AF,#\'<,\5V_')J>G`4DT5$_92DVQ\
M015'Z(\[:HO@+Y[(EO`_+OS5LTY'SDYHC-+TV;%G3&4RR,1OS\V1&I/4F%(\
M2QT)6.'1(JVI1=0OI,QN%_V+B(&QVI%:4U.TIF_:LG"`P2)P]6?-([5-,>C*
M*092?6N[^M9OD^R2NIO4'%I+_$T'OQ!:6_.3_&47PO++BY>C7Y]^TL1L^AH5
MB$;FO=<H8QJ9H=Y<^`@A)%OKVOA+<TWJVS`1Y,3S%8"]Z2]E2HWT,+36P]`B
MV`OH8,`"?SFK[[C5[!(#1\>`;%%7EZN!M:BS$H>#>*2?J_IL>7<1V:=.DJ-(
MY-BF/G5G757V7Q*>)-O5J:Y_UAT+6)@GB;)8TQ:'*"LM)SSKEVL*)HE2$F75
M1#D\4X?-2SULJ&7YR;0U6S?!NOPCT%P-H"9;UI4SZ&3+.MFR[I1@+EO6M;YY
MFH2Z("WK9)I!;6D&?[B.)Z!;O9'VBDQ5.%7$RCR(TT2L@$D6_;/.X-0Z9QS;
M@220ET>B]Z31JYY=#)HW;J*UVN\U,0IJA)M]&Z6"*B;LI0XI<VE3@J(C8`"R
M17F<$OY'CG:62@JI74OJGDB<\RG^UQYJEU6YLBI75N4VM>I4PJ>T*-Q!QNPK
M""]6(9L6A>IX@RP<#/?9:/S4(=*0X:M('+Y5?U'.E7NR<%QL5_%J^L^FK?Q-
MFR\^_"MP_`]W_C-Q%<WSB.\EGRJ.K7RYNKVDG_Q7[^*#E^UZ,=$LS=:)XCT3
M>.Z=LDG4M@G8W5V`G:[NV1?B.P+\5Q\+JN/?#/,E^CGU(_U.!(($?):V\,C[
MZ(</<\V=`1Q]9P'Z6Q9GNV"U60ZW#6_@NO>8UC>1>K<SRB3J9'(],XFAF51/
MM;3M$+WGD,LQII"DO[\R:I@XEE&<D:B9KO*79@5$^4(T+W#9_#A%\\,K9-HS
MY2-0O_+=@Q\/4^=W`<!!0G67%PBEEE6K%C1-:2TKI20_V\C/-OD,1MV$E^V0
MX5[VCG7KXV#_#R0WR.9OKJG#8J:]!XNJ#`Y;F-E.F!I>5+K#B_HP]0";,J>F
MKMG[3!H0&DF#7MF:D9*;''#0F?=#U4:[HA:97PH#8L,U4;?*0)6['#\AB%YK
MKKO<#E*I6M2K6@BL,"B7NF^^@+VCN3_`C,<N[LU@<<.+/=Y;HWQ7F&OE;N(1
M]X7Z/!H!UF;PN>^V(^%:`5RO0I^>1ML*2ZE<-U2E8):".9(?MP8V&]4U2[ED
ML9!&\#G1Q?*MO0B:`LMF<#<)4=X0_4AT,I^`\MA3SZ0,KA>F>\>&=\E).R!<
M5D\.6ZEKK\!BENG8I>[^<9W[504J:U4,WGXF+\12U()Q9R+RW+3+OBKXUVK8
MA_`O&C<G(OQ7O/%5H:!F?AYAH2>Q<$0L=#MJ[R`-Y?`<!0G]O729PQN)[17=
M.W(J/K.D2S49J\ZK4K;A8,6Y^M6%E`_*ZZ\F34H`J)?MBEP6)@?5"YPJU,LW
M_BT)E`/K$"3<ZX![U:F2$NI[J1_-BF9P5$M8J#@U/%TD!:61;4EDEX531:QL
MX7":B!6P/X2`@SPD:H^`VGK418E:/OO?V-1"ZJ0[N\ITW0V(D=)*X4?=F>?S
M[;Q@4<'[WQ;%MU*O:JI&+)56(9L&"*=7#KKM`;Z`4J1%I"\@],L1?P/TLU,"
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MMZD,1?0SG_O.^5SS`U<P,SQ<JYI&>GNW3MEG.]+,%Q:W:AVX;5?`7A3<KC3&
MJ`BYU1IJ9\.!*C$L,5RWWB<QS!'#X\Y&#+?%W_+H^)H5S?P53\_<H7%2$14:
M3C"Q2"$9]II9[E^Z5>`A8)')II(>2^GH`M!CA>J\VBG5:E<2Y#$(LGS'O8HI
MLG(-=6.[%4F4DBCK)\K1^+"B-ZYFBB1)29+=LXO>$3NUBV/G?3:U">;TF42L
M.'J.#+.4E=#A@==M#].*TT[$B\Z+`/,UY@,OF`L7\Q<`YFLY/Z>M")A)(*$N
M@,+5,IC+G(?R.0^*-G,)D0W8.7J*Q7'G"A@-;R9B1:N6D(@]V5;.8U7`&(Q$
M[E&06X?2*%'+9_^C3H>KMZNUNND78IC!_-PG[ERQ'9^<CEXJ54<ABQ.D=B=4
MX<.Q&?E%=R3AWQSX"Z\C-0OZZEF7<^>IUBHRGQU[QM08@TQ\J<5(+:956HQZ
MUE=E%_)C\O(64;^`T"]-_U*3X0S_44=V(N<"RF_:LG"@RR)P]6?-JZ\?>5?V
M(Y<J57M5JIZ`Q:\MDB@M(GT!H5^.^*4R52/P6YC*+?ND-3L3NSZ=H8DYT\WI
M<R7A(UX><G.@(UT`NXJ^OS37I#X`$]NK$,]7B.V;_E*\%(VBHCG9)^TTS!UA
M<"O[I)TL;D^BQ])(]DF3&*Y;[Y/XY5H]SS>?N*$N%]8ES4H<+P*JFK+#Q99Z
M_E-LE2:N!B7)<4NK@Y/LE';6[\M>:<*39+MZ`/7/^A<"I@!*HFPS40Y`M2[5
MP$_V2I,D62U)#L\&XXU%+VVQ]CZ9MF;K)EA\?P2:J]D^D4W3=C6R9-,TV33M
ME&`N5/LN"779-.TT82Y3('953OYP'4\H]W,C-7M9T'"JB!6M6D(B]F2;+77/
MQB)ZNR5ZCX1>X;-:)7)3R.V-QUR=7:W52*^)45![VU2-5"J-0M8D2+U.J(J'
M8[/OD8")I1+\3=6+&@;\X=YZ2_=$(G1/\;]VZAU-#*#)6E=!^%<C@U+-A<^)
M2;\*`ST7J\^E!90ZVB"A!OU.V5VR1PZ13@R.1>+IK?J+<J[<DX7C8E.&5]-_
M-FWE;]I\\>%?@>-_N/.?B1L-78\_51Q;^7)U>TD_^:_>Q0<OV]MAHEF:K1/%
M>R;PW#ME7RW@=,#<W07,Z:J-?6&](ZA_];$X.?[-,%_PY[__&GCG,TU;O'_0
MGXD16.1N^DDSW;\T*X`?IU?L70_XJGO3^^$]`H"O+$?_\?M__H>B_#UZ^BO6
M.$=-T&"WB(=[,OWMS>7#T]VGIX]$[ZE/W8[:>[JA1=%/"*JQVA^,!T_SB?GT
MT?1TR_&(<>G'KX<U[XF."$Q_>OG3].@C]+?=G_M"YA/B/H4;?HH_OUK&/_YI
M$E=S]>?E9_)"+/JBW-=O[47@>_0+O94EHP+PV[#^FYX4,'NUO+;@/IE34]=\
MT['OI@P&F1<4/KS\YIISS5U>$9O`TR;\R-[Y1C&(#G^RO-_>G`_?**;QVYO;
MCT^]P?B-$M@F`_WWAX]O?N^.!BHCS`35:61ET7A)KWU\V!"Z@0LPM5VB!ZYK
MVK.VX%?=`NN+'*S[JY#>"9Y9%*0.I.$WL8_@/X![?+>=B4?<%T8DN$D$@JT#
M^Z!4=1\M=Z5YID=?3)?9A*U^`;8BB%SJNA/8OD>)Y;.CV=ZE;839A_8,WD9,
MNI>K9?+SXW*1X`^?`?X7-D"\=N9SDS5%;,5-''96J:,WNE@E#]ZXKHR2OA'7
M=(Q;6W=A*0+T0_^;(:U/]W=?GOY7LSLA93W>23JK@\[4'!?J5$AFQ82PAN[N
M%KC*Y6SFDAEH+A_-Z11."NI$C&=L`/](W'F"6J^L=#$(D`"L;U4'XNXJB/O#
MP5H8[W7HN@!8=!%K`&`OQPN'ZXF4`P`O7S33PL\_.>Z#9I$')&1Z,R_GH(^#
MYFY<.YY?%E*LL>]3,AHT`ROD/,3%U/PO\(Z9-B-78&X0(WGY"O<HU+@?R$)S
MX=@16[Q:?M'^Z;C7\-',<9=WTS5O_V3^),87S<^\:BU"^JL(47.R:4<8,L`#
M'\X]<!W,`POXR`NAML[CLV8_DCG80T`OM_,%'!D/@2>.%N:##Y0)]\0S#6R_
MM(J,RQE0TE(<1`Q6$0$8X`/,!#'T":#.A4N>B>W!&L"_G3GY#BHHF,J`R#\=
MRP`V_X=FVI\=S[MT30]^_1@@[V<<_\Y.5D;1L6D7N`3(0#)U7/*H_3Q$2U@+
MM^$JW,[',4L6X,P[6E7W^YI4ZRG_VG%Q;SZYFUCFC(KQZO6@(UZ@44XVCW<V
MPNZ++;"ZT+6WX*!P1!W8NYM^)!,?1.+-OP)X9XI'IU^PX[(B:+,Y_X7:R:E:
MXN/3`E8-%XKR&410<A=K,$K*4@<%3P-((^]NZ1Y*&:ENQ35Q9Y<8IO\1Q,L+
M%>8UD$-JR>BX#&GQIFYM/*VQ?E=<V#OU`L:O2$%^,]I'.3^*JO9'JXC?$9%B
M>=IXJ:_\B&8M$G).AMJ<6.O-D&\6,68`$B_AMSQ]!]>ID`O[\\U/W0I09US'
M#?^ZO=D"Q[PGH<!G7.;$66!1#?4V-7Y&='CD'`/J<!4<JV?*GOB[3337)L8W
MH#LSF'-U?E1RX@++>YP[\^JILF>&3Z?$!8[]X#OZCX=G#79PZWD!,4J>/KW)
MVZ^?4KM,FZ4>?4'FRJ_?07:G?Q++>'1"77ZYOZ%?O8MJE#,HNZ-!3LRL.P]W
M[Y,0ES-G6@TZPQ+<JL!-%-_I!?`N'S9W\W,!UOD*092-)-1`'3FS)&=DYHZ4
M/3&]*,^.91#78]KXK1TBZ!N"R;$O?=\U)P&-TC\Z7T%0`DA<8/3PE6CW^\;R
M'GP@#.2>[-7H%W%L9*990T#7F9>)&.O<)UO`E%?1<[%G/H!888C:DHH&(,%O
MKJ,38GB?7&>>:)N@X?IN@-]A@@16NM3A#WEFQ,D_-<YIK=T<DS]LUUD(K`9D
MKC7O.5$2<-EK5-*)"SI[96?.*8EJ/\<NRFZ4'1-N^/MK4!8!%)]`J]>L_P/Y
M>&,;'^&QPXX2;[[[YO?S<[5[WE/__NNFU^5$,170223BTK_67'=)&>\>-D'=
M3'Z<T\#&HYS#9>LILT!)A6`O;>#^-E(NV"WE!7]JGZMZD_+3,]_;IO7;&[@C
MY,VO^2TX-N4U6]%0(&O70BOGKN^.<I)@]=W;E;?+P']V7!25!^PSH\"-AP4*
MG)J+N6W>S(JO!(-O"044F-GB:77CG`JC]GLYD;3]9%E(%'HQA+_H.16FW\OI
MMX4G2P))67*YFSX$$\\T$`UPSXL%]3Y,<.T1-J@7AVSOZ-H['V*_R'O*>CFE
M8R]UG<*3V7?I^!CC%_3_KW#$+>J+H"Q2YPZ7U*#=U-9'E_J=EG27>1!E^.*%
M6L`7SP=JKSL<K>BHY<Y;M[9?1&+EP)824UOH*N>T*A!Z5:CUT:??--/X2OPJ
M=-:+O`,JGZ6WLH]5>9ZH[GBA[J;KK]B&$_0R)RBADESD'4JC`ENCQ"ZSY[LG
MB]!.N9NN3?+FA8V<>C7LY+"Q;D/%)N&C<ZD#.;H$(``6.G!52[.CD-@"OU+)
M07+>)+6WSOS;OL,5WF+.;!IO@R^QT`N]8Y:)^G6<G<_'*KH8O?D=JP7"8@'\
M<1$52*Q66H"LFIDVMF![K[*&#N$GK*GL>U;S![>=G!=7?.Y9@DE_?64K3H`!
M1:_%3;U/ZCN05)3N>R4%/B6!GQ(!,%],L2AS\G[!P3OU')O]G3;%,WW8G;X&
M$#3:@K-905WR@+JH^&K,L8O/]/A,LB4RT[A+KA<)0T]YUEZ(,B'$5A8N!B_A
M>[ES[[DMM@W35C0="Q-H>0Z6_-#?0Q);@":AFPO,T`1K&-T=UA+_3A:X8WC6
MAU-\!ZX!OU$13K%T.0?=0]>4MZP::-SM=C[PW?4?EY??^*X8;U7]\`O?E=\I
MB&J&/J9G`H@*D8W%5EQ?#?0U==PY#G2DF$6P*2ZAK-M3X#%M1E^M^`[\]H,H
MZ+&;4S1JMH$%=<&<9K9Z@&C-5[3IE.@^1;H;58EI<QI*QT.Q`CSZ:*I(C/YN
MQ'9I-&.9.5C\M0^QU^#5P`?PYR*8G=$'UVV(+S1=\D+L(#P0B:(`!M6V4UN@
M]X8JW^^`6_L![!=.'5@TM!E8"`O,#E:FH-?`8XZ7`CL\`<L;AHE`AP=-BC]&
M-1."WFSX<Z0%*8X+=Y&^(#HS^PY(>-#^Y@`N^-99N#56?)3&L(L?OY@>P@Q.
M!):H!=AE]]J)0@/1W@M*]AK%;J_YT@(H/1JRSA#N"9L&0(?910R0P$$!34NB
MN5[$8M31A^+[#[<PO+'X(Z)-9QY=Y!ZQW*/\Q".I-[$\)MR%H=B.8LX70!98
MD>G3,5L1W9[%1'L6WKJS])4[0WJB]F5H$Z7W2ZA]I$R1Y"PKI&\OVA<Q#B6/
M0O5+,"WDVN%%0SML@;TR4@_:HNZ8U``GE/9#-80R<BPM5L`Z?W>FF/#)*U"H
MM3QW7FU8R(M<9I&L00)U:*DR"3V->!%?GTW]F2Z,S@7-7L)U@>\K*9,^M:=H
M'C(P9"O\30\?"TN9V;M\5[,]N&WA_8NX`+%,8+]\60Y"C>D2T0$B-D\0(H2>
MV/1W.A8"1+.C8<\3N-BFB\.?7S0K8&P_6C#YEHG+OCCTKZOCHI$M<):V+^M&
M4U>G5?YU>],8I?)`=G!Q5&;P5Q$5F:%.DK^T;\U?&"358><#WF`FUSA+=";A
MS#AK"U50U_1^(.%[P13]V:&J3*ABE;H:\!F[8X2R)RV)TYNV04#F8F(D6D[`
M,=Z:JZ<)WQQ*7<9%\',GSL#&%V@3SW$GBD6+-D*E#A&%?W-I(`A5`N"$3.'T
M`]?V$N4X^B;5\M$!Y%&.I4V<@"G:["0ID0]_Y&R,1$!YIVS$?T9*`!NR"YCV
M'--V$6@K_*CAU^+V9N4*4*L+.X"`-D?U_;GCQO:0#KH:D!JH8J#3Z\P"6\.@
MF=Q((!M:H9H"KT3Z#FU"T%BG*;)FL$9&S%F29=CZ6R^`.XZOLJ.K``<UR,1/
M74;06$&RAE&E1([AQ[-HIA#^\@I4X:.W!,C:6;!SHFSR0!Y;FINZ4[^$EP,`
MG!<U\$STLZ?,\&J!8-U%J")>`*:@-FSX,F^S%%\=Z^+LRC`D$A?,#S`5$)%`
MS\!)M17>LW!>0<@#8S``_:%IGV)?,8U0.,TQAN@ESDC@:*&ML8:#8.ZT,S=U
MM!>H(8L<DC+!R<H^-O`Z1$8AMV/TP!3$$.YLG\S,7CB\(4V3V^'0$Y*&0F2K
M4;0_,D!$@*=>%Y]=O0V4<Z;\L$&9Q4M`D<*BJ`G!N\NSS"UEAF+$);-OCQAE
MZ@L>58DI=XEEJDEI9LW;WBGW&);&]U2F;%'G=O^]$@62E3B$&.4'5*:+*5.^
M2R.'*?39Y,710>]1'OFNEZ(6$KI^\/(M%D#CU.&FF:[R0K,A0EZ*?P922B@X
MY;WCN[?D%7S73?L8T1$9.G(R2@>]*7!:ROK.)\MSY"P3C$'LI5]L4!].STF2
MJGIHM"Z68:611\^CZKV9*E8!CLU9-XJ\N^?`1<X]#1AC=0;OY:>'ZDS4,^69
M6`:@\GP>%A]PYH9IN/SY^*7*DZ`*XFJ8&0*:'=_%`05\P9(A3S<5&`G5TPU]
M^=#D33%]JKT$<?<!90:<,HS4A%:H37RJ(X+(`%T(I;@1YK.A*P]#$;[V$[^8
M"2YH2=)^Z*C3TVG[T:-O\2V<4<GYMJ9)\/+N^C9-@_P#M9N=\^^4=!4=9]M=
M<UT,:&3IHQQU\6:4F:UP7AM('*QK>T9X`Q*@E`8@#;NMN5U1@!#`AU*`&3E@
M4WA);A9#0.IF80D>,"DJE[`:`9[B?7\2@L?\-K;IMVS'OZ#2E+9NHEJ05<:"
MA\2N(R#V%?*309JW?S2E[F>J2]=2<BINQYF:O$AX5$"FW!,&0,NE/)TZ8%*T
MAL*<!C3AND_AACM13H`;>@P(6`TLI8#%D_$/7C#Y)W4K.$#-P*;0/S$)L`8#
MOL)WZP9LEMK7O(TNOLL]/`/\SC%NDQ'4O`T["[,W%-#ON/,O%J!C5N!/8L3*
M79I66!H1L*8YL`=$-J&)(RC;Z<FI(SI\#$C-(AXE)IMZ.3%6?H8:0=A@!AC9
M@@:B#&4.?T<B<W^0-&WRQC@JDT+H9)PC'*&&IT59\_!:C'#R?<M'SIO.<B'.
M##3+]N'&`.HSR*+.5+XO78UF4)<KZW%"B1R=@LRKB*J>0KWCZ2VE+H_8K"X1
MNY%&3WV882(2G)PU#!#[$%=.F+W&<A$008NH;P,5??%E"KPH#RSD=ISCX<`9
M3>3K<^(_.V`XO9#0+QYS6<I;0V=X<F<X@Y?IK`G[6E$(S56DIS4QSEOY!&8Y
MWR7G8>>:\PEM79/F/-5Y8;Y<<78!5.<)H=B_Y+W?,\Z;W'!=.<N/@LO/.[CG
MNXZW")4GSL1.&0EGNXOS'N_76L?`@\*`)\T3CCON*A/BOY(P:R"KZJ2LS]BL
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MH@JEA#.@[3"DKM-FFE2&T:`'%CES-B\CNDM=U]#NFMF4#%-^XF;080+[LQ6+
M)^7"I2#-'93ST3#$PSFTN&,(K=F9C6ODFO"4UP0.F.),6)Z3U#FD+@?<B\3)
MNB*0J#^2L]/NQ22OA!8C):_]5Z"Y/G$Q:1"3,HTP[S"J84@J#C),DOPT/1S.
M]_@,9XCJ$T!5"!W185XCK&V9/NT"0W$&OV,2&?N`!C6,2*_!,"E-6_*\3)T#
M9D7C=<#=Q4!S"8M28]Y3>EMG&:TD>H$'N'C!(EG.&)YJNN^X\%(SZD^A3`*?
MBB"L,PDWF,OMG&O`!WWJK4<?5I!4GU+MC1WW+)N+&9[1M`VL*H.7XK/99;%U
M">J'TS`O,UXHRN,-*X63O%B7%G&Z$0`],-PT5-E>HAK.\`]AQ:'AO-HS5S.0
MW9O8T<0]1PL8TRWCJ"RF;,%#G(,;T=Y29:5).!.PS'+\8@%+]\:^^E9/`1%I
M(LY*QEBLY\`*T4C%E)(<@XR5@8(M^F*B;Y06Y$3OC5?"@"H@$?5M5HM$<^FO
M,Y<%==!0?T?\7%X]T.U=?[P+W964\&.'1>0I05Z@><_*U')>`3&<(W,$PW+I
M2EVJ%D4^;Q1^68Z$.]>CF1"IU&`JWU-UZ-FSY$B%`09406OI'2Y`FY!\AYT)
MSQ3\?P4[<0`;(Y$7+&E8V'`3F9Z.)FC@#R1US"@V2?\`U_0961=G;8WWS9A3
MUDP6CF<6)$P>N-GTVIQWCHR,LY2;:/:/,'3LN"9@'GC?/!ZIDHT37W040UNV
MXD[33CL>$SS8YNR$7%QP4Q?T[/\F89<(M'RX!WE3`$3QPGO].`N&E="`8$II
MC=3/'.@Z4.XTL)3T7H"@;5@99)T+(NV5)4R%\GV"(@V>X9YMFKR?NT_1\Z/Z
M/8]%J>EA>5L66-F4UH-L'VO@0JN']:I($$$SZ&A,'70C#X,%J%"%:,FOXJ7+
MN>ESS+F(BG92VPUB)J#F^62Y4IEH)*4^M"@JM1@NX>CL06P+4BT:8DF8[FX(
M]$;F"\M9$JH_OSC6"V?<4(]+8(,EA&5X5.>+ZBM"U5ZCLT"4*4'=GGJ>H_`<
M\W(PP1X^PU*#T^NE&E@`'`.=(0'^PP;>S.>@`X;&(3I.'#L)_L&7V(UT"44\
M\!G>L:K*KFITN2S/25"[>FA,^#1S1,E*6VS.V96,IIDQ@SV"F$7*6!:[=`QW
M.2/&:1S48P==`<##0D3C+,WQ;<<^-^*>M(S+9-I=)/9<IGD$E2"1YX_F3\9&
M49SJP=JN9+M91*^.*)VW!PS+D5F>3IIMA229.G=TT-39<^<+KR]-_HG8:.7I
M/Z>G$D9=%RF9Q"T7&ZX79@Y%TITN,2.Y@G9>G+UTL.TS8((FG=")G95P5`#-
MX#/GZ-B)?%W3P$6OG$O.,('6IQW1LD?&WSQGZK_"E>%\.5C'')`1O%7@Q+W/
M=6'6?F=13!I\7T5SIM'S%'B\$VTR:8]^Z'5'<B$_L9,B?:M%/X!O&IC7$KH+
M8\:O+1`&+GZ*^T-3PC*G<2<(6H6;RD'R@//BA3VG#FV6Y_-.^5Q(D2M9C/$K
M"UX#C_$%3+2)N,2_,)61WJ0S)O+0OTX;LF`:/7&COA8,H+$X2A>8Q?"D.GT2
M94,#A14OTZ`M-<-\&LIE"=KHGC:2&AR^!R^*A55:+(7Z!'JEJ5[M,F\Q)ER8
M'G4/4:4Y$SOE?`.2D'/5XOXP.+'666'S<2ISDJQ/FI1$U<&5FJVH_"E3=/1%
MHSD'<<L+[/]INJ&)_`PB,.SC$';X2U=NK5>-FA3SC03Z.E&X*O4P*X=XM#4<
M4"AV[V#F>BJ/`;/Q*0?`CH8^[0R2#@B9+EQ[L"II=S8OF,TXV[>>'Y8\L0"B
MG[F^V`2"LN&9ZP2+S)_T<.Y,&%><:\LH?03SJI9)0,0B(/#L](E9L%'7+#UD
M9V'!P)I\QZB[I[%:;4<=$]EM.-/X("N;/UO-HPA3RH.8);-`$W<V`;9^04`J
M-#.H6'!2\BZ[Z6R,FSEBX!(!?[.9X98Y?;.OUF,M`BDAID0N,W,%Z1`)=L9[
M&['2\<(\_D0#*Y=6Z*3Z"U>H]VD5V!D?B4YG52@]E7>B.]_EL+,^?^\![Q4Q
ML&TA5WB_X0K_FNK^G_J1#O*(WCVA.2CG.@9&%QYY'_V0ON;=3N82^V[T</$E
M]XWH[Z^FX3^_5X?X]U4VDKS8<=]?87>W#W-X7_J15"JW;ZQ=?=`IO?J@PX,K
ML<7_BXV'")<KMB[R.-ITGNQQ=-I(:]N!=H760"V_.GVF$FBI@[`G=!GX<*6F
M7WU7DO5V1'V*W#4L7SWTV$BR+H;64%)U(ZCZ9C=GHZ1JNEQ?(*K^E>HP6_2<
M4PET)+,=FY[U0AO88RT*)60:*:?)SVMB9=R;+]N\%[3@&+96054J'7^1F9"3
M!$S#OD'*(G`7CD<J,-9HY1`8NIRM%NPCGD\$IKGM-"VB<`8."WYD8\E)0R7J
MI.:[35;4S]M@RS1:<NP*O.F9>D:^2V><\GR7YAZI!^9BLEH&1D[HYT]U.V6-
MZ)'<0B30ALKT:^D4:YIODTEDXIWUFNZNMM(/C7N%?C57A']TI%&78FW),/=N
MJ.GF(IR=^25[UW'&>'V=\/Y66?L5[I6C*6Q_7^TZFD83[]NWFKA47>=QSAC(
ML71;HZZ*N,0K.E'SPQT%C<I93L6*@A$ECQ9?Y7`\@(U?H6EV"KKF#2.;M\87
M2_2=O*5:!9G5O!6_"><&6-/`U8LGH1VVSSC%X]D)YY?3[&T:-:5%_>$@LC`P
M[;$YGH06H-&RT0+]G.\6HXE_?%=]7DY<,YV8RIVMQM<N3%I.4KLY&VW$,(,Y
M:ZIIXWCM*IMU/7ZM3CQ4T:VK&I!7V>2!=X9X6GQPYIF),*JL%[5?W=7GS)\I
M(^',1"IE2WQ7QC%14>+)?&&1GV%Q\\0,)5?4'3*O<32\NT=-PX(NWBN)0UBY
M31!9&3]F\VXQ99OZ53`Y*6`51J&&790V@WDDM']VC-TH`PLX1&HV[YK'MP])
MI4U)*H7TZ+WR"?G97U&BV*=X'S6!G;.^G-;2DAXB/M&?;?-?T4CO%`M/C2MO
M0XWQW73J$9]R*$1V@OK+<+[U?5+GL^,5;%9X)JTBA&TEQ7;VKO3WB>:0IY(V
MD741`+;)6DK%2$N*7<E/4+GB8`3KB#G'+P1T@)V&%1?<K2V-)E"S#H#;!])@
MS9GN!JRK'H$CP&'"(<_AYPMMR3YD%7%SS)VG`P43DM9!K83S:]2]#&^G70\3
M*RZV_RKS`(38X0Q)_D[YN*TS=_=V97[".^[*=A0^J4ZZH=^TVA.D@XA-\672
MOBYZW*4&T[G9'>9-Z-2?[!>Q3,U+\X!T[(S_74N7[D:\+&Z8Q=DPVR8):AOW
M>20-/NJ&J?O\$P82.</Y/O"0W8EXY;NY-<*Z!9IR2C?^0C0T$!C]1A9<]\-'
M`D:;&7<0^=,$;N;JS_G"V&9IR+=VW*HQVW@UVPHQP*P<G*?M!%[*TJ+UJYK^
M3+)-#+%U8SC-ATT^H6T[DB^S\L[0_XY/S`*@/*0XO-8I_7>>X`++5D`C-($F
MN6=1*<\1-ND&3'L1^-3@IST9V"96VM*&_8A_FG,3NQR%E;4T;C[QB/L2SAVG
M"]$11P#?W%<#.__ER3)L/LS\2F&C;#JBN^#+A.V2S0:/1HQ&-;,FJSR[RV^(
M=LK&UH0,QYS=]I1BLFV80VI`!F;J)GP!9_#0)CP("AP_YL+GH2<M+@.+1/42
M:/2%6,Z"\B8\,-!>N"1P+.V=\KT`DNE3:GZF[WEAG2YN>`J/39S`C_81S!<L
M!6*O`W"FTHW@P/=.V+3Z>$YU0A+LQB5D#EK8Q'5^`-5@5TZ6M>@_NP2KLF%I
M+[MN!-MDF!&CKKC18P3QG8IX`BOZR3(C8,"]CO@T^FAR&;8[<,R#&614[P+G
M5]04Y_\K8G<IJ/PK<%AS%E-GV4YL5%Y()JQ)IVE@I:N>3-/F[OU*J[*YGOJK
M,ZAHYRZ=-1]C^PE\^,N_D6C#0T=X3'IQ1FV)OK][`!)R&2=$;A\EM\RPPM6F
M#'KBV-AA=<TPMTS0JK@+:-QQ[1G$'KS<,H$/ADUSHDF$.'&QL(+:,L6GJFY9
MJHK(*88,UA>'I(:2,NX+C7/[/#@7=D@%WI1F@0EC/(L2">-&:E381;^]"\F@
M&]%KA/S57OQ4-\WN-=X@PP^KV(U&0T9-]VDB%-\[8,_(>?C*5`3H++-;!B"7
ML+U&;66+Q72A4OY*A0B5^U$_I["Y=;28%K/_N6,`""F$PF5CT&3>R*0ZNR18
M[@[@F80V`8.JC5+&BOQ8K'.NZTSHK:&M7NAR?*')-I<1K,V\:+TM%VT5-1E%
MC);.!(O09S9!/N3[%KUPMA/KM7@)(VD8KY.^@F%-.^T`@%,U"[7:Z,[UUN2*
MQW>P..\IHDS.9B!KDIZC\@R-PR4K[C)-N](XEC.C<@(S:T#QM30W%98Y0TWA
ME0[L\#+GR3:ZCS80]SE,P3`<T.%E0#Y/YH/\,S!F40N:L.`=%ME,S[\FFHGX
MP=G'YU!7HQ7T$36B)A*1*.>8/;)#<Q)@&DY(VCG\Q$WWPQM&G7WQQ:(],#)Z
M$OT[:\T?8CU=+4.#M':1-4`[;H9RR`NF@'T341W*&YU=RA?'"N:T'U#8?SVF
MW[2&3,UY^/^90RU7-L1GQ2AFQ^*MO&DI("0B':!)?UXWB8`&B*B.38T-5S-9
M4]8)B9K[TX58#Y`TK)NKD>?:#<8CIQ'-"7WE/9N"RZI$STLI`[2/$&L>U,P#
M,<V0#@?#201$LY!N#<[&#]6$7W!\7$H`H$9+^YS!"C1+KFD`3#&S-),":YN\
MA#I%:E2*IRP",)]T3%F-#?V3$G#AL6(_0UYI1\69D@%5DX'3&P&;2Q_]2$>%
MLOZJ^"G[*>P=K=&!ODS)TT"<&(3Z.`E[67X\"^^**;SV_G)!^76XW[-8B-+&
ML.$A8*\V+(7;1KI?DK0[U,ARD(6EZ80-"6#=>K$K&1P%3@YZD.Z%/JR`JF1,
MD*<X+%CY3M@*BDU60]4V0W.)`XZJ@4KB,(W58&K]I7"%77CL`O.'<_@-3W^V
MN^9(A\)%>B+-2'!<Q+*UC!:9H4,,GHZ52?(39]=[^2;AYCHW.AUMXA(-6Z"%
MSN5$W05I36:.:X9#S4)3@.H?L:=$\Z+Q:&FW-`X+9U9$\BZ^T&3]S*9HNK":
MYK`SF1]Y",-4N=118_<B/0&=@1-N'P^>Y%XE=;Y^K,2&)%&T&M7S,KV1UT0(
MX#NH#:'7S<4[C)OW5BR9C%\3M"A$2[2#11#2.S:BY)PKD;,+=SM#LQ-(/V6N
M0:3PGC,<1/0;Z;;IKIS`IN/AR*C+%KC?L?4\8Y,:5>$18OXR&1,4+D\=WRX=
M#GI&VPNR6$FD;*4\_)%[#0=%F6F1RI<2,HI])@"!COC5#:'I0TNBHMA%',XP
M_23$<FAT)0HRI>@0`\$L:)`)`88J*XOJ99E^U/%2BUG#ZGKI&*$1</9=40<%
ME>[T_9$3R_0L1P]M?V!*&[]Q5A#LH))Y]<S(&>F04#:K`+G;G$F!F+>'D^V2
MX6(ZQ8>NT79T=NJKH?7F$MH/#V@WN@B14Q[^'CEFN9=FTA?Q73+::[SM'N]6
M\&FJQ"@'':#@:S](&,@*`\N4D>*ELAT;\$[5:8PQ8].&Q&V'T2L4Q4F&!7,:
MD^+`;[,9<DWY0,?/,W<5S6`73[-:G`#^&?M!(ZG3'RZ-?P;A9/6;<.!*P[-7
MTIP@3OCS6!ML3/?F[+.CW4MMVDJ:Q8;.)\OSN+*4)3]3SL%L-YIOGG3EC9OK
M8J8T&V87^*P1+A,!=-!+OD]'VL\>A9N0AYU/T3RA4=3U,I?VHB=&F'9BLY$?
M\7`>%S6B`#VSO(<P1!APN6==HW(>@(R.0HMX6(TS,Z&-`VB36I8[G2@7+/\^
MPB3H,Q@3)]0*-DCTBQ%0OW.J&0JU-G#^N/GLP"*TCFBJX5`KZI^(FV*'+:-I
MM>1#?,IXI=!V2",YQ'MUZ..>)>N2E>1<_GOGG;/)N&6$R)`2<'@0Q<N[.&>0
MLPEN1^,/*+0B7T9UJ.:[<A6$PYFA1X41,]<)6U%301*/D,M:0%'C;*_@.B]@
M`9K6"UJ\.<?RE:2H+_Y;<KOCB*HS"2V-\[@%=\Q=4IW24Y'K@NRN%?[/G1<6
M6G!1]"K9$*OJ(9EIU*'H8F*S23(F[FW`O<RE.@;5;.-DC3)7)!SI"$#4ENAM
M2UV/P@L5ZUM`J_0V950SVFDF-4`&52N^Z$D4-6^#IH8"'Q.5POH5)B9#_A1Z
M0%-6VVT\Y3*\!O&HB4Q)TH[UR*O5>:LQ@.PTS'CH42%J0@]F<Q02H(87FM>.
MKH,L_^;M^J,^\12L0ETH<?QD3?/=D!PLZ&U8IM7!J`2)G88I$2'!K5%L3X9W
M9*B\*;K266IL[2JNSY+"6,UB:3$5'$M+G`.1NEM=MYW/ES>5>7]X-]N)YP+S
M'WH1>J-"):-2E]SPO;+-&:3<A_R5[^O3T[-:X'*[M0&"#*Z7&#].S(`OK)W5
M([:S0IPTW?F6.JFV<M+'K^%`-,UU3:9A\<^<B).D0YT)W6DX)8Q:)PLK\/(%
MN#2!@LW]I2$M.QF0&$^4#D/53`M#1S+K0\CYZE/5D_.:*!FBO`'^_<PP?A:"
M,?:')"`.0XB1SS*@B<KAUUVJW7Z+`$SS[&,(9T8-;R6H!%^<?0OI-@DT*7GE
MJ,S"X/M2[BU/J<Y.<YI,W@J*LC1QH!;?15FN.&]Q<_HRYK-CSUA;Q(]DTO0!
MT<EA:)V1Z:6D!F<:YB\U8C[6!K)+HKA_!-'HAL1$_;9N4+VHY+CKL;]'4;/P
MA*`GTZ@9I8O[N'\1%;^?`MJHN7&P*.61TU*I0W3"XIJP(N?;&ZH8<'W)(L[K
M+)@FDEC23*HGOR<E?5NBN%A07GRF3.C*SVXF61&Y6.QN"?>=BP>'']+5#0S"
M?L(\(BST+SP57VCF89*M.&%]N<)0!\M&3&^V$!G9X1*IR!42S3HB64U#P_^#
M`S!H1-HL2V0N`LNV[<=JO<ERKC3+JB#Y)!FOGAYP'NUM`S51STZJ"1IK@,&8
M2+SUU8AI`>BUS.E6L+"5$N,WQ:$GEI"`;9O8[_'Y8@J/@J`T&LXY[DE?&;X@
MG_$0QY3<.$<QWG?XD)ET[\@?.)<<OI8T0Q+>A!MJ<SE)I3!H#,I;[1?F\U"'
MG0\,50S^2;&[PG(#(UO)HNT)PYYW9\K;26H!_`-G8R>*3=*#8,"$OE1?V76H
M']%,.7,>-I%DVTS/*M(\QX85HO!H[+!\:Z36TY1G9^[,B(U^]H7C6*FYOV:4
MG&(0UZ*CG%/MPN(^3SD0OLOE`:;2O"D?P301T.PP0('YO)85)?OEK@IG^"(I
MQ!T+XQ10+RH]B*Z73^L"J+VY2L"I'EZ/U)V_D0CI6&^6BZIE3Y?A(?%USH*.
MV;UALXA-`=S"A5-;TT)VRSG^G+V/D<\TW"^CT?10\ZH]J8/WNRB]W%RF&53A
MC?&BL^_$F2C&(P%;&/@Y"UW_A8L&=K@$S5^(8Y-9T8X[>\5FG.?.=$HCG&QT
M$&>-918Y8\[:20B77DY`F>D^AV<;<_Q2>E;"+IIFM>Y@K:T::?=)\M2)6F.)
MAI<GD%AO2W+6^+L<$ZN')F!0]H*9!T[Z9M(N4=%M@6_YA-8;1L7Y1NP@3A-W
MK+EB@>9BP;0#:F91P<Z27\/W1!K"1@</[8_`.OHG1:$Q,&D?EVC_N+3WK+DY
M6RVT+9CNRQ>:6?4[>1'N>K.IF]@:ERO@H0FKC/''-56[K<5\<1:6BH9J"I40
MJ'TA3')J[CJ[(@NQ=6?,4"I?L!JK%AF^/*-DTTZ;`;7<6,5C,2UY&6(R6'$(
M!6YTOS;:@8U.L;A$H\4+X'RQO4EAE-!2RKS!"BE4)%T2UE3%?P&0.K0$!15Q
M3W\&061A-2!..*-MRIY=)Y@AM88+H]WA*KS+\&8:CF"=`G^A)`]\P8/]>5-6
M!1UA+K5O+2H/CO9NVMC?+<"Z0E:9"M0?6'Z<[EU8XI>L-R&4=GZB)A:P,NXD
M]7^3IV-5><^H87#A-%:"O%8/"'/"8H.*+UQ3`$,M8QJ$CO78P\`VE<VDS@H1
M+PL5/Y>+MO9H:`1."+%3EDZCK]Q7QSYG,*0*N>[,YR:+CTX)B6RZN'HV+5Y3
MH5;\%NU<2ZW@.'>/$5L&E'PI(2/*MTX$8'4SD31XI]SAG]*9;)M%U@*6U:EF
M2WE4J`L7`2Q;>A!1$)HO/F&M?4.(,,=3M.U$GK*@Y3OE=KKZCCAHC4*.L_6#
MRMV$EC%OATH6"/8F(J)?GN.@-38T86?H9'RU#;,B]HI]D2C>8\XG@>LQ/)^V
MD1%R42]USV*ZP^O$QB:Z+U@>S=F?'M;K,DD!]\\.K07:\BN*"J0;0]'J[JCF
M,QL+"*NU:8,`BX0:?QJ+5-B;KG'.^JLGIPW]#5Y<<4]S`;W=]_0Q'N1*DW33
M_5[P\L7*+U)6U/<%7\,7FIDDFTAS2[%-!JZ0&X0M0L-K3KFRZ8>.AEB)1\V)
MY40F'"%6?2US2E;SD#,=9O[AN#]`:=+,%]HKCGH[T7`X4U*.>71+83<5SW=9
M3S-JYR8-_F*&GMYI^I419?)N%NY&@^#\\/PIX"7RB_-]X+O<)X1=<>)5"L()
M`+-B$Z@<80Y4[>7\"W$7XCP66+`AM/5I!^)"=,+]P)[)((LRK5ILUJV#^%$?
MUB1^P#09NA;G.!1M#-0"X?;@._J/\RL*;^2:P/2*)_(V5Y:E[*0T_=*^R?3T
MC-JB,HILST%_M6-/R-W23^HIN*4(O::."RK-[XX2J6Z!M]N4:7X#'?L8<Q1=
M,M-":_F9I'K"+L.FXXR-1$CA;'B@70T,VEF2$$59Y'`JEFO"Q?X4=FF_IKUY
MP$!Z1+JV3N%R?\J/T%S70]D@MD/5"D9U4>MZUK!(C^JP_!`T+///82WO#8Q$
MN^F.^,PL9,5\M*D#JP%'6PG+<?&/G*/)7C5>^XS]'58@<AY:QL*`"*[0-;8"
M9RR\Q"*G&=D,T-#1BKM>`NO&?!J7:(R-T+%?U$/H>+377)BI&:NHOO83/V9;
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M+#;[-<..N7`X+9UT@YH+2_%!&>BE'1Y1W5(4HUP/##=N0L(<.3CCT$([A?8>
M*(8X,^4S,TEH?^5T[(4S7-,M;W@W74Y\5SIP9"_JSNAA"G&P5J]@^6^1FR3J
M!LE":*F1\&>ADP+'4IIN.(Q&1SW+2I0-C!Q.`&$VMDEFU^0L*3*)E2;V8MZN
MI+^2X7TX14"S(^=,NJ$T=9%BAE!&C:)GXZR(>BMI(FQ:'(8Y:'^=<'(0]F6E
MEX5F##`,H7=U96]K*)[EMQ$C3B9E-7))`R=V?6$12WL-L]NH.IJ-4L8MB*.'
MZ-HXU/"%Q`VAXU;M6@`V+T:TFQV"_')U>XG^A'>,XK$U<33`E"\E4)46,W9-
MP]1H<XRIB=PO&S3D^\XI;W'`)AS'@@]3(`(WS%2F!TP+Q21O($J<P3['_Z1$
M$]DD3'K25C?9CN-,[<<KK(?1U)2SE+J?/*I5L7621)<B`84[1:V5)E?%,4RV
M.<Y9%W1:G!<F(/C$U</M\-7"F52+8SMPO/28.23D"=CS4S-*KV;^J3#Y)VP&
MG%$TYF0^P2D69MH3P$!.`SO1V/ES/0J=A6E3[(7PX)2E";&%*&ECX4?T7(I8
MJ*!AC6MY]\WE;+^)/?C>X7RY0=KH#'D]]4SI=E2^R_?Y+G<F-&YH5)8!D]H"
M6EKSX6R0,CTJT\OFZ]WG"OO%/'.&59LN+>V_SUDH<W9:";T[SI?G1>C#<FX<
MP9O'<;X9O'4DSIY^H8''&7:\V_QRIA3>O99>A>91G%UZG*4W[X;%0E,>9]V"
M=U6YT(H`]P9IG*TIH:\%K<@YURR<)2LT&#G+M9]"8\42F@0Y,RO.RXG-F3D3
M"O=!U4+S`-YSS_@N-^$<RN,=<6V3"=DJ&<Y;C^>M"?!F4IR-/J'E!>?#<E8L
M.'-0SCR%L\HH^?$!T4N7,R%SEK4+WKDB-ZF0)0O4V,K7N\^"^Y<XLP>K53X<
MWO$-P2,2RD1H;'`6ZYQWQSG"+K9C6&P3FK-@XIT[(0E%%-AAHI'0VCAO-U^[
M''.TFMXE!O\);*W*0^'-8<3>GMBXX$QXG!4^SMQ/\/B5V"Y$SKR9=]\0FDK,
M.7>$MQH9",ZJ.!M$8M\V6EPL]`X#L9T9G!/H_Q2:F7)VHW%&A=BII)S)^"PI
MQV&USCA"4`^KTW33U8,YIJSH6`/$]\U?^"YW=<NY9H3S<6\YRP/.WD_>!3R<
MQ8N&4W]?3#HH!9OQIHOOL`[S+.QS2X=\LYDEG*6Y(]/>#E%0>4<Z.`./LT02
MVZZ,2YK^EBZM_'KW&>N_%]C]@14BL<K^T$F3Z7J@\&Y?)[3J+;8$EU%W8>XI
M9X>-V'4T6!D9RV&QM]HJ4<M]SH?07A:7MQNR725$_+UH8B<?<O9IBEWW(W:F
MI=AZ"^=[*W8.+6_73JODK>C9X+SU`:&AQ[]`V0NXMQ;*6-(X_U=H/MTJ"ZY5
M,4#!B]ED98<PMZQ=NIH=]AC-A!.P$R9.R(FG\)"-S>@,!UY$>P2Q0=H*<Y=@
M2\9-4RL.VGCE,9PF=8.\M9,VH6P4:S)5F,Z"L&D+U7A4#&W0RUKM93IP?7^\
M^ENJ`Q?MFAK,%ZQ=7CBO::X9A'7%95.!^'?6CR8N:72?"R?L!8MS9XL:D+*!
MI5[@X:"GJ/,?^:E%$XNB#HVP&(5-U`"43>&S/&?U-'26H>6;<^P`F.Y_"CN(
M7NYD6YY>YK::@K9CPQ/8%C@5?Y['(W8R<8E_!L:,7BPVJ(,SZPC/AA-[33W5
M]C;NBXE]5L_"N5+%L([F"&6.&[6`78\#UL\Q&3F<)L#T"",OVS"SJ"LFF[4^
M3[$F"^X$D']J^6CI"&NK9^',.Q(JC-L4PP%B$DJUO:356D7$B`!*!BO3[Z:!
M,4>.BKD*CHL(HE,%\/GL53%,;Q'@*$1V4\,FTO'H5IO,'-_4DN%HA;<"V`6.
M24":]8+)/\->X"YY,0$*\<#(P,4FG9?`]@GO<*)IXXBYJ-DGTB8@'4=.8-OM
M[`@Y\D*[)L,7,"*>IDF/=6YF+8;9GX&Y(4-CK8$7KDDG:]PFTBTBF@AO=.QB
MB$[6=]L+6_TGI(S#,$PG\#(C&CG[*SB#-PV_S)3:$%CIFP4@:W:;Y+K&/*GO
ME8VS`@YZQ=]6)SN%XQ1I3^/DKF@3='"O8YOI#L>;</JK8;[@SW__-?#.9YJV
M>/\`:#6G(#!L_U+7D>R!87S#"84F\1X!\U>6H__X_3__0U'^'CWS%RB*>%UO
ML9DP\.8;'/*X9/__!3C./)A_=CSOYB?<5^!WE^PVX:QA6`^0]MN;RX>GNT]/
M'XG>4Y^Z';7_Q!Y^ZL"_L=H?C`=/K._[TVW<_OWRI^D]A5MXNL8Q+#[V!,8[
M^9%,_+NDV?`7FA+P!L2^#G?=\GY[<SY\HYC&;V]N/S[U+L9O0%\RV4:^/WQ\
M\_M@V.UUZ+\$+GN=44`PS>?$Q3$(7QS7GX%2<J7I/XCQ0'0<_`THW@*KBU58
M=4<7%8#J-M7DGRL`[@D.:K;]?2'0[W16(9`[?VKSV5-]C$<4?$XUQQ?D'O0[
MZNK)U$YW]6R%1]B%S+\Z=KJ'_#4Z"H&S,.1?LK$!&R#1JQ42W1PDNH/A8#<Z
MW^&@67A]"^>$W].QI;C@I1\]]1<==,@5+H??@%Z.7^:XY=8S94$0T=+RD^->
M6YHY]RYM(_PA5E-NV,1`/M"83TR@$!OL7>)2I#`8;#EY/T<7N9.7.0H#`FSE
M_=<`WWLWC01M6::`QWD(W!<"MAFF-%\#Z<T<S"%-3@M*/Y#^9]/S_P1-+'_2
MVZ^?4D<=I(X:[>K-[_V__UJTW2PV'_1G8@06N9O>LMDL\93`U`W\!Y@DUS3]
M[B,:XZ;#1KJ%3P!J?!<,H$"SOK%AH-Y=X-,.@ZB.1$-PJ@73%]A=,-]"$L,\
M28QR7+,^B/##Q#V;@P1?N)O^X8*\ID0<D_=7XG\T/7T?%:4"+(Q6L<`)^+L#
M@1_@'Z+Y5'?3^*EOH:'[W6:#MD/^>D_'/FUDB8<CX+/SN@7Z.05ZF&.+]0)$
M1'Y4))MX(R*GG0^ZH7;:<&:TTWN/#'TU;QFH:LXXJ!P*B5+Q62/T"3P;&ESW
M;.8<G6>W!\?(LKX81.M>P8`5/>EYYM0$'1.N<I`";_R'+:#-F28=IHAL.&)M
MDI!^],WQF4X=[F!/'6XMI,)=WWI>0+R/H,+/Z"3E2R]Y@@E+"O1(UR^T4&!K
M5\OH,188N)NR[60,A6+S!B[W7'.75]1]JF-^=`'JQBG4Y6RIT([B=2GVQ,ZJ
MOT%WB>810!#][ZV-U`2:._W/JMX.)A0!MI%!\*?[NR]/_ZO9G9#=/-YM9SYK
M;E3T:BUZT1:#3,T99.<Y#72O`R:L9-TE0]N&S>&[M1/8WDV_VS@M[3.=G7@7
MCA5>!ZM^!E8EN4_JI7;ZI5L@EC/D0GYR\#GY@(Q]X=:^3`5D*R*VS>Q[+0`'
M>0_),**Y"DZ?O:WHA?=`].TKR5!GMQP/V*?_23-=ZI"`->_#T;BI3V,PT=]V
M?VZ%#\>?7P&WC&-^5YIG>AF6>^.Q8!0HNM$3\0_AR^%909A\FAQR5G!WE/<+
MI]&612BS\1Z).Z??.2F<1FZO^W!`,',$KD7K6A#G3%RUT^FO@G@%D`DW"L'^
MR7%3WNEO@:L_8]"Y8#?[*-/"XJ#,O5J+@)R5VU/3'*\TA!/DQ-K.'X$&3-,G
MA&HM34-!_..?)C![./CR,YCC5@83\7=N[078+/0+O2V`S\><QOU>&O1KX%?L
M8P;.6(",KPYF3`6NNZ<=V42X=S?#O9NS9]5^?ZV_>SM8L^A(G2N^N*CA?[>=
M"2J?3"CA7A$6@%W+#-7]<#EVR]%U_Q!GW&S2DK:KF1&LPKBW1UGH9T>S44\.
M:0SY>!32N%HF/S\N%R0#</I<\O?*;HU(:D`W9Z9WNSE;KQK$)\ST/LSB^0-'
MQS.%$M!'E?/4]^\B9TH2T#Q<Q4YA]3H5`HS]EZ#GWK'QJO#7F`\\.CYPKF2W
MMS3?"VQ]^T9S,471JYWE=G-&^[DZZ(_3/'=_,*>B7L1//7YGQWP<'O+=@*Z0
MYIQP"QV7F#/[YB>;_GX0Q@P"IC:9:=;!]R%^+/%CQ)N^FSZ$XZ4CM@*Z"LX7
M#[V-2_1YY$*3%(Z4A6Q!5,[T5S.2\6`(KV':=]0LNYS-,'/5!X:/"7,$>RE]
M=NP9ZI\8<$^]I*Q,Y8><M:#+!W/[B49W^(E3ZMWV-0XT@#9!*\V)PDR<GV%"
MZ3J1\=?MS1;8Y<S__B!-=N5/G*6SRR@!%*CQ0;-(DIH`UI/K(]^Y=CQ.N5',
MC;0F*>)R!KNMY)K'[-G\28POFK]3[D4W'VY6U>$JT>X(OH1"US]`%>GOMIOB
M]G#`8!Y@;@V(J,H2M:X==X$>7H+7:C4U101,Y.SQ?C]]!;B`=-=;P1?TWQ\>
M7:J;+4$>_($N.AN_(P[H\_'FX6CW.U`54`4`3,Y2'JJ]$MQA/4.X9N0)ZAO5
M3!Y!-W@D<[R@[O)VOH!SLOC\;M`KG[06:B4),2)7$(8@>SE+>0T3*`_&&GET
MN>2Y+XY-`);N#[*>.PM@DO;618XY\N=2R]%X&Q_LK#USSGKK=B_VDDV;-LN#
MC99G!-\?J#6-MB8F'_I`0=9#,#',%]-+$GM%X`EYRVPTSCE#JI52Y6XT94FY
M7%@10)FWU$:YR,>ND/R36,:C$[YZF7P+DVI,.W""%?*/$LT^$\^C_/J56"\$
MN)__G#@\2ZH*:P^:,ZM2!ZQDX[M2V;:7I!>_<]$B)NZ^T&DDB>;LLGX)"CT(
MNKQ0R)V8<P92MS/*^5<X['<7(;QM,;6;A6[LL0@]FY6:O$UR0/1RME=L>1T%
M`SR07RNRFZ?(Y(S*,1^,E\+P$454.2VJ*1>Y7Q3=K55DL32QU;3$*F-"6T/`
M:X&5+XWL9FY!!>=85Q!+:ZZ6<27V8<>-#]A]\SO6@X?EX+N6^ZN]=X.:*O[I
MKZ]LQ8EC&>'?<9WWV-?=U-=VRXE92:.;&SRF.CGH4=*W%PZ'2(24QGWD8,0#
MSJ>.>^X!%\@T$>+[LLM/#^F61+Q[@3Z##06H/)^'5A3G9AMIN/SY^*7*D^``
M`U?#(-X[A?-T&$`![Q8O*?)TL6T.RX1,^LLD$4IEHM%:',5[)E@2KN'0'M-5
M7JB4IGUL@EC@*#/DL+3UBT79[)EB$]K.)&QZA/G!!C8%<>G;DIX89[")J47T
M<!=:HGLH3IBN/E^XY)G8GOE"HD??XELXHY+S;4V3X.7=]6V:!GDWE+1IBSCR
M#-R8N%ZJ_XB"C>&PRU%:>^;?:-0$;&7IHQQU\6:4F:UP7AM'5K&\>?Y83`,0
MWK/V=B7]D*@48%V#/.P\%3LC&0)2-XN$*4PHET"KQ<O)^_XD!`\Z5[CIMVS'
MOV`WK6FD><%^DGR4%<*!0TZ9_J604`'CW<$PU=<G8U6NI>18RAN\J<F+A$<%
M9,KYGL/M-3W*TPTR\=.TAL(<20RO^Q1NN,/F95'0:3H&V:QEV'G/8.W!7))N
M<C;%_I6``F42+&E3-,Z-X@S8K&6AA!9:8CP\`_S.L1]B1E#S?0G%%9`=Z'?<
M^1?-EE0TRX*;#@9PK-RE:84J#AJPIKG&NCZ2Z910&E'HR8$<XL>`U"SB>:P-
MHF,390E,[`PU@K!U$C"R!7;A`Y*:8Q04'L4P:.I]O#&.RJ00.AGG_MNAAJ=%
M64GP6L]_QYE"/G+>=)8+<6:@6;8/-P90GT$6=A;EW>8_95GB.$+:\3#L)XM$
MSIH%XQU!58^U^DUO*75YQ&9UB=B--/JP=2N66B"P62\)L0]QY=C8H9)U'6'J
MV2+LML1$7WR9`B_J`1MR.[X;`=ZY-)&OSXG_[(#A](+-%Y])BLM2WAIVETSN
M#&?P,ITU85\K"J&YBO2T)L9Y*Y_`+.>[Y#ST(9]/J!,YS7FJ\\)\N>+L`JC.
M$T*Q?\E[O[R[L&ZXKISE1\'EY_L&E_BNXRU"Y8DSL5-&PMGNXKS'^[76,?`@
M%\QAFW5E->)4=V5"_%="[*B3<$K525F?L5F]<!V=$,,KV/@.[NH-WFC!GSYB
M6&&'*`+-/#G'/)KS.&-325(VL85VRJI7'M8+NW*@Z-<&B:U1AW2#8<[\,6-M
M>'&Y'*H.3EPP%SF6Z%69!F#OF3'\E;=K[IP62<R5MO+9:SC!DD+F!(I=,-1W
MM.ISB#OB1_HRU8T-J@.CM8]^^5<G0*6HJ*$^[1E/AV88\1,3@HXGIJ9QGD"U
M8&XXE_796$::6-'AWU6@NUQRCR3P]R_QMZP+2289`$$M+-M)&564"O!D$V*9
MY"5Z9,-<!FJ!9;P;L$(!?>%4`+38%M@LB?7U9Y1PQCK^4T.?C<"V6+\!X&PV
MX>P'B_O+IZYK=F1&RD_<##I,8'^V8O&D7+@4I+F#<CX:AG@XAQ9W#*$U>U3`
M&KDF/.4U@0.F.!,.,&!3HZC03BX'#M>)G:PK`HGZ(SD[[7">":P/C#=Y[;\"
MS?6):Z$45]`'1'ED-!N(I,:MI)DD^6EZ.`V%3G`)1Y+0*4#,$>TI0,W/N+8%
M"B4UDA!G\#MFW[`/:%##B/0:#).&<VZR0UX,HN-UP-W%0',)BU+#1C/;RDY*
MB5[@`2ZP\1;GB6Y%LVDF@4]%D&7.S7"#;[5?V-U2AQWJ9)QKP`=]ZJU''U;@
MQE.)J/;&CGNFO)VDG@O/:-H&%@O!2_'9[+*8<87Z(1);9B$J)T'<SHB-0*`R
M%TN)%,RN0U4M7-P#PTU#E>V%Z9UGT1]P@W`VPWFU9ZYF(+LWL0.C>XX6,-8O
MQ5%90!(^Q#FX$>TM''!#+U$<S@0LL]$@L8"E>V-??:NG@(@T,8MZX]"A2HYN
M4CH*`R.1DAR##`QQC]JB+R;Z1B?+U'OCE3"@RKJ\4=5!LS'TH5QG+@OJH*'^
MCOBYO'J@V[O^>!>Z*RGAQPZ+R%."O$#SGI6IY;P"8CA'Y@B&Y1*0NE%_.N;S
M1N&7Y4BX<STJ2%:<I"<E7LF0NH"-K)PE1RH,,*`*6DOO<`&ZCY6\:?++VA3#
MU2$6DXIR$'LMR$%4+J-IBLS>9&T0SK$/@D(;(33<7Y`ZJ;9RTL>O[,:G$A[X
MQ[$6<2ON:#Y<JC_TP@H\S/5R`V(DP@`W%^F\P"<#.[G\L:<6[G_BP\6A3"Q9
M@[-8I5*>MZA&UD5<G-1'4<#;NQJ5YU)6C^,YS`3$H:\$N4/8KSHK@M\IWV)7
M>":HE=)RS.T$E>"+LS,]'5C2O&3OT5'9P#Z^+W6JB.[&V0Z<B8O%_QH0!#B"
MJ*U;QF"-!4OC00G=<#&2'(:ZT\QTFAQG&N8O-6(^)IJ&5Z"ZK>N2OZYU`V^=
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MY2/Q@@4JCG2^,JP1[H(IL^C$LC1@H8A"3#`-W3=3Q[*<5]J`^%GC;%O`(0@`
MP#=USG?L/><K^];\A8EDYS7TQYIN%/1-82($&447I6=TTWC)[%ITZL(="1^D
M!)QU]&-O66=NZHA\.E47T0W8>FN&&TBN#'6V3N!J3$*2"^.J8=Y'N!7V#B7T
M0;K(D,.0&Z%IQNDG72P21G/()<`]['@-SDYONB,<5\]*=*BN`D9F*)]B509I
M-/R9^C'9!:/.YB26R'Q;L7?:9(%,C1EW#LUSSU1:L/4B'UO@K:Z7"OFGP8=E
M(JS%4SBAF_9XHMP@.PI^VYM!Q>`/S2D+Z)*B/2IAYFP>OB'T*9TBT&B`H/#.
MG^@MI?R:WRVE[NTUUY3O.=FE+W7/P[GRJ6*I\`$*`)WFABRB<406E6TI@$1B
M#2"&$:9B0MMRD^BSEUBZ,'.0L#`\DKXYV^Y-:G7.G@B:D1!BDI85H/L$9YG;
M&'B8H,7%XF-)3`4C3<S=HYNN'LSQ.SK]$^HN48HC$AC-5(?OYN[?P6;8L17O
M1-\+PXUX_E6=#14H.+(9DE4FD&FBC1K1(?KG$&",-:_0$D9"F*(5%I;3]6`I
MSI1`-Q;&3:>Q?Q*'-Z)_5=<#ER6"8%5/K'W&!XJ26^`4WIF"-D1$54@JQ81?
M&-G%,R;1+-0$F4)=H$_C_S)Q'R]@<3'<1**(I[7S,+96<-\XZW;)[7VG7$67
MRJ1)B?NP@*R-$4/-2X6F"Q2$R4K1$+K,2?J3T[F&<^T'89T7(N`P4F9APNC$
M^$G"XK(9`3$V.,OE4$9%AAOUJM-A@4QEHM<>OX"[#MEJ5NW`[^4Y*/-RA1PD
M%3<%B\I+J(&]*11*0'(^V\!"HPD7S'T0%A&%9FD!KU;2@$Y"JQLLW=3-Y.V*
M7[WG[.AX`"]F6NGH!M4&J+.0VH2S2)QOP$?VP&CM/FNAN1#%HQ/U*GIG5L5B
M"##(@C"'I;-6;*83-JCRA)R6)<PZT\R)3.X%T/`HX^\Q_7@973%OZ.>528VS
M*KF.VI+\F:R$@"VD7,5VRAV\"`>QXE=,-O(B+2_.E!G<>\S>M!><X9KHQ4"D
MT16G[%BSBXW80GVVO'IZR4#MFW.R3F"$5F(Q,1^"WA0N^4(S<05DH!/S\;47
MBVHAE`F2.6.!]!YO-U/MK`9[D)6<IN:M&E&A'L#98YH^:>QWA-\"BYX\*RQ7
M-(8PL0G/@O2V07OX-14^*!E):$,6JF:\F'#QL2#>?3'1>@J=R4)[VV.)CR2;
MR:"GO1QR9X+;PG<#0'2<7?B\<R\^!B[_'AX8LLM:`'S7CRXX9QKW^;LKGEW"
M;,S(M5?`<_F^\@PU12\()2WOXYC)Q:^0V<02G7?EY275$?BN^9'HM$NFTE//
ME*HIG]D-G,&]`#[YDPXWM7CO][_Y+M?G+&[@JQ;H"-58T)FPGEV8F'G8>Q+#
MDK?12OA?DU!#%5P<\EWOL3H^P"H`4[89]1O-YZ8?N2HC/R1O13`.6Q=&JBT3
M+`\CM-(X4Q!G$'(VHCW>F9%M4T7YKG<3=^?BN^[_:G:`"AS?557>2B`H(H.S
M"IL\\5;HYPN+^"35PP*=8-Q[R%T'_BN(8U>98'D-)B/P+X;,1BQ")R6:`/S;
MB$Q9X)SOLJF,*IJ/J+Y7KB)H?<3!O\XB2:"_9^Y[^.F['?I^:9IBJE$E1C12
M4L.TJ7^,RBQM@IE0:91'"-JO<TG+G#)8O!=@?5\#7#&HL,S3C32-N6F;GD_X
MYPAH"F<79`AFUE*!IM]QWS-S"YBLCGBU_0/"ZY4SC'C;(M/`-BBW"V-T82EI
MY`='WS0U@7@WQGODK13RECBI<NJT3%"BR[O>+T2+NIE#`7,8TO4$,3B55\(Z
M;VHF-013*R<QUNA5K_`NS)%A/6N!U@Q`$:;O&J';G_.U82?'>GDZNX,SYB/G
M+N=E<<MA[1CGE7-AY\H5:"[AC>,62K"_;R]=^LH+F#OL("3OVM_(C6!V?B,W
M02JAFGHC-Y8E,%2YM0O9^8W<,G=V?B,W`;'S&[GE)N_\1FY6Q<YOY.9&$QB/
MW)3,G=_X5^UOY-94;.<WWAQ:'EF_JK.#9G,;50,>>+A\[FM5)UOC$^%LJ?%=
M3FSG/>>!-P[G9EZ<E\-B)KXK\DYPX>QKP_QEOBN*706]X+L<[T9_0J.">VM5
MH2F%=\R7,R[$/BWGEG>\F1YG&<0[BL"9"_!F`T+C5FSQP_E><)]&R'4YSN*"
M,^PX[XY[X$_H:^%8G*O5>"=4"\VC.'-00^'F8N'L/PF=(T*3,N\V2YRY%.?M
MO3YSWJ#.NZF6X'JWT,1WS5E&SH4VOCDS><X2EW-Q#?=J#J']<)S5`;%%AJ:\
M"'TQ.#NY3&TB-.V)S>)YZQ=""V_>S0:$WAUG)B6V=U7SE%;Y0M*EFD)O%+,^
MA=Z@V%H?[\Q-[LCM\5WQ+,Z[9AW7HO;!R>!+L>>1"YX:('@P7V@]#CN3"LTK
M9D+?#/Z)!FW2OG@+/<[`\WB7[LF\"IE7<1+^W99Y9#6QO9Y_2TI8A;["O*=(
M"6TR<9[SSEE)XPR[0.C=\9ZY(#2A+#CS4LX\@#.EN.U*\>-\6-YYX9PICW<_
M!K$->][UUT);]3)-31R67$&G3J%Y<ML2R\36XFF?;<UUE_S;W(J=,&!Q5H7$
M=M_(%'%A^)_@SB#>A1U"+R?+1(0A%-XQ;MZV&O>,,,XN)=[%#IQIV6R5?)2F
MKC#WHE4\F7=C`+%-/\$#L"VC/,&U[I:U,Y<^$6$T6[$/VRI37F8X<[LC@MMK
M_+.(98ZP.$XJX3.6A/:-"%[UV2KQJ\TX9UCS-HHX;Z]EL4G.?(!W*)MWI%UH
MML<[;L]W.1Q^(.^&M'B/(H4XAS;$EN""$[+83%1T+Y\2V)RSJ<1V6G/.(>5L
M&O!O5,Q98Q$[A&"('0MK5V*_T%Q>\#(!L;U)K7*!MRN;C;<`:M<]$UQ1%KM%
MESD3VY[G/V%/:+[7K@")+3;MB5Z&*#4"<6Z&T+#C/1.6[W*R-:XPGI"_M;-)
MA-@U8+R;Q@I]6.Z]K00WU<0.?XEMJHG=YE5LEB?X<`7A<PC$]MB(W4Y2^!P"
M&?4_74XE]F%Y"US.-U?P>\MW.=Y<H%5=HS@[DWBKW6);]9R5%5/P*9VS0&R+
MF7<5"6^VQ]NL$KOH2.Q.Y#+T*H[`O?[(=[T'H>^%X!8N9Z;'F\4+C8M6>:9$
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MQ/%]9WY.O_/>PU$!*W\)SY7>ITYLG[B;=QJ_)]EN^?LT7K"GSE\9.4\<R_C`
MWO=?'?HO7#[==DLI;&V5@M6OOKO^PLC;TH[;DKT4[U(W`OAJT77`CPONPO9=
M]'>'8F]4Y49Z)?`Y8'BI:">#$E@7!C>]"C'3:P`T8ODRWB!>U.&XU/XJED)L
M.[6(H.MHQLE?FA40Q9DJEYY'_+S54-&MVP4<6^[=;A@>E-YEU4@>Y,Y5*YX_
MF]K$M$S?)!N1+=4.J784,?.*E8FJ582*!7^EXKPDHRDKIJO:NT#*63EI7PX@
MXS(WM*)--,Z$Z%>YC292J"AXN:AT(Q>B\6T!(*Y62H3],CK$4>]#XAC<H-8/
M>E7;'KT:E?3/CN<I.'D2?ZC+`I/7B/<UDB:3-)FDR70X<\^?:R=S9_5D%3+L
M+]I/<Q[D\]J.;6-5:SE5:`\U\?KURR\N_-4;],M?//J,T*?J#UAPMVQ0>%!C
M3/B[3337)OEFS0+",U*.1=:I+XU_!IX_AVT=&:)U<J1]="6ITDJ5=M=4G4T\
MMKL'@^W6Q0W^NKUI`F,57_.]^;EPO,#-IT=*U??8JN]NU_1B'PK+.6PKI+!O
M+IF;P7P?/U@3U>4*(7EKPTW5;)WLZU>4BOIZ^FP".)N@IX-`(7;!]&@!P=D$
MZOQ(7/-%\\V7C1`MI=;'L.EORK/J]@Y.U-Y!"8[>4A/_5&`IRW3L4LSS2+IW
MQ6EK]>GJ>R<B5I1>N(/"7C'LZU3P?:>TMI#3[W>BI]VR=TL$@:N"?JWB\-9^
M(<QME4>!%RQJV,%;]9<\\E.OWIWS[0)<7@9-U=RO1@/HGN@$9/C$RHOPFBB@
MNS<%'(\34[.J:DY0F^D&-."\$/>81-!K(!%$JG;5W*!.C?Z>O!"[H%R_)C+H
M-Y`,3E$QN"<><5\*:C9JHH-!`^G@%-G!IO*=FDAAN#,I;/0S%!3[[^5JX)WC
MQ\W)L-$G^_YH+@4A\S:%JR4^^4Q9D2J$9>G104@7)M7N^%0M5$'1R?,062;4
MIOJ&UL)\7*F^&2TO82X(G9>U6JK-'8QMHDU]LE1UN$].8?14%9;.'Y8ST2Q8
MRPUT/W")H4Q-6SC+1];F'`4ZO=*P$<NBD-F&-<*\884V=4(FE\W91*VZ.>40
M)P:?<2Z?K9'::G/H1RS-LB:]=5.$1NWL0X/Q4U7HK=?8N-@G+FSFWZ"T&F3B
M*\X$=J;Y1\T$W$SX+M)0.<KG![+_+@.4O&:\P]XY9<`5;7Y\-E1[90Z09VH[
M'.`@KM8@Y/;*H[97T<8'9\-N*<3R@'OE=',DQ*[:);N`AD<STZ*-JVKG`"Z\
MP\[;P(97C:I==E[5QKL;&Z!+_EL"JSF#<)>]\TEN+=K\N40L)\3F;9%=-I\S
M1CA>VE),6.*VE!V^DWBMS@8:2=R>[+U5.]U-!Y`N"O%=%%\<UY]I,W(^@9<2
M0W&)9QK$]DW-.AWW1(-<"&K_3.T-3XYE-L3.'YWU!Q<G9^<WQ!8O!7C!+?&&
M6,M]M4V<1C2+=J".6P5^X?377BF6TWCX"V<;]CJC5B%`N`NPT:<FS;?FF6^Z
M,Y\35Y?6VW&LM\&H50J52*9;=R0-MR,9;J4B,])PX^(F:A.;$<UN.[U(9*.4
MUG;1OG!&FZ1^:;))D^V0I&#;"\!(4S1L3AD:;M):.X*U-CSK=%KE@17)7E//
M+L;28I,66VLLME8%]:7))I763%9+J^`OG,VF;LS3.SGX"T?_TFAKO-'F+AQ7
M\XFP5ENXUCZ-22NQ\JK=3Z56X5!(=BD.@GO5H[<JJ[-_-BQG\M=C=58+S7V;
M2U9%:NVP:H6YK_T:=E,5,Q8R054<S!X\L.2X5KF(+A%QD*O6(1NJM'KZ(F9W
MBH/?;"O0RH1MNR+!XJ"W\=>W04X+O:&-31\=7[.4V;KVI@+Z%\IUSZW2L\!]
M)Q7Z%'J#LXN^B(7P(F!U[^$11PU?7YQ=#,3U)'`'9#T#*H[;"DJL`E0!KN;^
M$S".&FDOUZJM/9SVD!$;1ZZ4%;*MEP@H/62VP;&3`KH"._>.BM1#AH0<NZ2W
M7%)?BY#:Y)O:I#Y/3?4%A$-.%L'$,G6!/0#'=ZTU/<.@?W$V',O8QXFF&*C#
ML^&%N)X!F6,@<PQDCD'FPI;K'-`V7MST)`,9I3SI*&57%=B+(`""99;!2:.W
M\?>7:Y9!;/OW-]G^W=X^Y0714]7E`9BV%[B"6OT[^*N*:-!P@HE%"HFP=^"M
MX`?]?69."0.6*L=9X=@C@?T4QP>^*#19+H6B:HJLRK/2&YX-!Z7H4;2<BXHA
M+]2$+V&@(C-&6LH62Z:O5`V4RD*NFZ-S4D:+08QEDV^J!HO,UFDY099.2*@:
M+E5V^N])'MD`DBR=^%2YZB@SI5I.DFWBD@?D>:G]U6TUV!W[%/\3VA.;I:J$
M!GOEML&A`HO33G*^S%+\</OZ'-CA$6!>Z-SC!?%>.7A4=<AUGC1.QSR\>HD7
MWL>[;J,%W*38/\-K'Y*3[.J"X+6358^"A/D&_9'75G+JH(3Z!D.2&QM?53XE
MU(],ZWNGBG3'&XR307^/^I3HH4-,D]$:T^2M^HMRKMR3A>/ZQ%!>3?_9M)6_
M:?/%AW\%CO_AUGXAGC\GMN\E'RJ.K7RYNKVDG_Q7[^*#!\>WJ06KX2H3S<*T
M$\5[)L3WWNUK`YX2F+N;P?S-)7,SF'N*2W1BOFA`WA+<!X"[MXVJP\PHQ7(\
M"G3GA;@2Z@="O;\9ZM]MHKDV_&7!J!W@_D+L0,+\$)@/-L/\,]*W9AN,T#7C
MGP'CY@KYN2"V1P`''G&!QTLD'("$X68D?"0N\'3??`%^8VH3TS)]LWJ(_^I3
MAA;]9I@OT<^I'^EW(B@D`+2TA4?>1S]\F&ON#"`)FM;[;B>+M!Q:5W&:05W#
MVHO7N+K:R7>9WZ5)^9'MM>3&;BJ/[JOC0_/<=6!:Q-VFT(^Y1'GH;Z^,GB>.
M911>^H^@J<TGQ%5ZZIG2[:@;F\1L9(3RQK3IQAP4)*T[$,-G(WO$82K:22-Q
MTSN@?<LN(9OROJ?C8">6-9N40W4XXA%AYRB5XAW5(I:N-===FO9,^4NS`J(X
M4^42)XQXFZ033RSO`A$N>!YPR9;GB><!IWSY/?'\.65:2%5$JB)[B;N*%8R&
MIV]4+>)+<IQ]1/?)JTO[=XOEF6XAU=@#JV<J2LX85K>).OKQUI*_P6DCXJ=O
MU`_Q0YHV5I.\<613;M/<QD&O:CND5Z/"'D=B\(>ZK#%YC7A?(VD^2?-)FD^\
M6'QOG'OQ3H;/N$;&_47[:<Z#^1XLNZ'$1JV<:NVBID*F_.*E+!-N]L9N^E6_
M_,VCSPC-4OJ#O7PIT6.UL)0H$^K(/*64%BZR;GT9YS6UB$OOHS-)U5:JMOPX
M;7</-MNMBR?\=7O3!/;:!`WXYN?"\0*W5!_)AC/79JG`NUW7BU60[71A^?3U
MV8G.HBJ(,G362+6Y0A@FI0U[^AFEPKZ>,IL`SB;HZS>L^*`)X&P"=7Z,ZPLV
M0;24>J^7:K5R0&95C:U9=N2?"BQEF8[=#.;9/0S\8NGL>Z<J5I2`N(OB7C'P
M:U7T?8>#UE`7`@;=.FI*PK?4Q'N28NM5%'C!HH8=O%5_R2,_]6HA">'PB4*B
M&4+W217XD>B@NS<=#,L3`1^3K&I&4)L)=Y\J1S\2^GM-9`.#@Y51X33[^[!"
M_DADT&\@&:QDC57&#NJTE^^C(OTCT<&@@71PBNQ@4XE/3:0PW)D4JAVV55'N
M7Z5]8&/?['OQ(BG'S^H4K@;Y]"$N7F7QR<-<J/*DTX=VE=LX3FJ?F'"6I40M
MJH%H+<Q+SQ,IR;ZEO!2*SLM:,-7F%<;VT:9.6ZHZW"??,'JJ"JOG#\N9:!:L
MY0:Z'[C$4*:F+:@5).MWC@*=?2:V"&A=R&S$VB%3?G%AM/:*=?&&:]C-*9LX
M,?B,]^#%`FJNS:$?L;3,FG3839$;M;,/#<9/5:'#7F,G9)^XL)E_@P)KD(FO
M.!/8F>8+D"FXF?R;,QPQKR7OL/><FLQO\VKW;#`<'(;<2J9J-A.[>2U_%_16
M&(\;G0TO-K9MENC='3:K1LI.XW`KN[@=B59.:-UCYU5MO%_JL@Y+;WQ_`ZY!
M^,Q9A[OLG4_N:]'FE7-Y4_F.EBZY^0KG/_=&$K=\)]F7E:_5Z4Y=5>+V5.\M
MF-*;#B`=%N([++XXKC_39N1\`B\E!H[Y,@UB^Z9FG9JSHD$.A:YZ-NIMO%N-
M9)R-,OHOSKJ#TY-=33',3\\N;XCM/#@EV[E)]NUPT"J&+YXVVS9N+YJEV.N>
MGAN@61=`&G.G9<SISGQ.7%W:<D<-#I_UAJUB;.*9<OU^JQ`@DB%W>E&;AMAQ
MI919:<;),.5IZ+#2ACNJ#2>I_ZC4OQ'\TH(3WX*[=FPO`)M-T;##96C'2>/M
M:,;;Z&S<:U4H0CSCK7LVZK<*!2*9;Q>M`KQ(YELIR$O[3=IOIZ'!EJ/[QL-?
M.`-./;TZET;1O[3@&F_!N0O'U7PBN`D7+K=/N]-*3+YJ]U-E?*]WUNF*F+HC
M#H8/G_YR]`+0;E^B>)O-6O%NJK)QNQ*Q6VSBBG=3U:T=EW(;56Y#BX/3@^>@
M'-=&5R4KWL&FJ7A#%=I`%T.)W^T^@ZJE;;N"Q.*@M_'7MT$N#+VAK5(?'5^S
ME-FZAJG">AO*=>6MTL_`?2<5>A@&P[.!R!Z&HV+UD-$4QXYLC\YZ(Q'C'0+@
M=?_Q%T<M6^V+F'\H`CHKW4=UP<A2EDA='H2C(O*``1[']1H,1P*;E4=%Z2&3
M$XYL:W0[?8G4';P$%8C0"@N!AU**GMQ-53=GEDB_``\@AR-4%L'$,G7AO0''
M=[8U/?=@T#WKJ2+6MHJ#X<;G'G0[9^I0QJA/-/E`QD).-/F@VQ'2=R``4AN>
M?2!O[$E'+V6BWXEG'X@XIT4<]#;^_G+-/HC]`/U-?H#N/F,IXZ>JRP\P;2]P
MA?8`[.#!*J)$PPDF%BDDQ=Z!=X,?#O:9:"4,6*JLE^B,S\9]@;GP\:$O"E&6
MSJVHFBJK[!$W.ALT/'K?#JHLF1E2-5!D*DFKB5$LH%3&'#NE'-`")<*TA`S+
M9N54#1:9QM-R@BR=J5`U7"IT.?0'`H?G!`"]("19.B.J<M6QRA0JR24;0))M
MXI(')("IW1/RS3[%_QK@ELW25D*)O7([X5"FQ6DG.<>FA/D&1Q\OH.>NDX3Z
M.D<6KWV,);QW\M7PVL?.VQB6!?:AOI$C0'J-.X+73E:]"Y*Z-^B2O+:24PTE
MU#<8E=S8N)2<@M'ZWCDDW?$&0V70WZ.()7KH$#-EM,9,>:O^HIPK]V3AN#XQ
ME%?3?S9MY6_:?/'A7X'C?[BU7XCGSXGM>\F'BF,K7ZYN+^DG_]6[^.#!\6UJ
MS6JXRD2S,!]%\9X)\;UW^]J#IP3F[F8P?W/)W`SFGN(2G9@O&I"W!/<!X.YM
MH^HP94JQ'(\"W7DAKH3Z@5#O;X;Z=YMHK@U_63!J![B_$#N0,#\$YH/-,/^,
M]*W9!B-TS?AGP+BY0GXNB.T1P(%'7.#Q$@D'(&&X&0D?B0L\W3=?@-^8VL2T
M3-^L'N*_^I2A1;\9YDOT<^K'102!56#.-7<&P`/E*E39P@^8XSG\S#)M<AY[
M;P^$KMI)WH);>-^)%WS,'7G/Y=ERST29:S_-.;`@N`8.R`*B^$YX1>!_>"D"
MRU><:0HMXZXZ`L2\:*Z)<%5,VR?P/;X[\SU85_GK]@;^BW)I@=?3IC2P3!)]
M\3M3Q]7).^4V]QD^Z*=..`VP:9BRT)94B\-#+5S3ULT%WZUK?)>S%*&W9^=[
MO1^TGF)RWA]GNLPGEQ^TGLMW.3!1.*.#[W*OSZ;.F85Q/N^<\_U8"HV/">@]
MG"F0[W+_"OBNQYF[\`:>P1F_`6_V+#;[4S@S%X?O<O.Y26T.OJMRUKP4SMOC
M#$/N#/H'J(1":UB<)<B<\Q7FK6")?3DXWPW.P!-<>>:,C$!LU86W8<29]":<
MS53.I#?CS)-]D[,@LGFS%M/C?3_D]=C?,.)MMW%FI;PEA\[[=@@M.3@?EC?O
MXWPU--Y.*]Y7]R^^Z]WR7>Z&,RD7A"T6T4^[1"%2T8&*8Q#TUU>VXL2QC/#O
M-/7$]&%W^IHPQ74Z:(-._`./7!1XN:@S[/),%%USW:5ISQ1M[@1A_("./`W#
MBDD\"_^BKT)`>24N4?+E$@?1TN!=?N3;85<1SF"9CDV/Q'FS_7?Y3E-<-GN&
M8:H%T3&N:"W/,'(%&.#[KH]$)_,)<96>>B:TXM+MJ/D6X0>MR/N\2%I\E_SO
MP;MAEG('[WJ\%<*0UC@#HXART[2F`#[S=40'O?.=4I*=:1@UC>.O'EEH.._9
MPCBL$H6$NYT/E^SI5>:W&B?V%5@GB?OCLVI(%,E:GS=PTWA!OF#9N#V@*PPE
M7SOSA68O,W'P30D*G+?(/_JO<_95'B0BA>:K)F]7W3IZXJS[&R^FY[A+!9.;
M3!T>\,B,YCTQ?60T4)5YFG..!OWH@ZQ<Y2Q4UO"Z_AG=!F^R3#,PSNI\P@YY
M$UP!<WTFEH'9+8JGA2F:V_GGNF>$OFXAP^6[:$GVS5OL\EWOTC``OXZM\4X0
MJH`5HP:1`310HT%60._AY\B%X/]G#HH1EZ#T\#S*K[BK]/!ZWW6`T\&;V.@(
MDS:19&K`F?+Z3&P%$W-1D.EZX.*N==/5@[GG(YF@9F1ZA'$L^#80K$NIEMV]
M):;2D9_$U4U,+T4C%1/2-)^"`G2,P`>VY+SB0XYBF"YP6D5#;AN+2"!69CRF
M5##XBNZX!NX:'L/7&<0#HYGN0G\&9J3#"4QX@4[7@&_`ZV.EAB]-"\U#'I]=
MPMGSQ5TZ1W=8Z&T""0KMSN6=I,9W.6`G0A\WPX8Y.XH#E_(I[I)\2307>)I!
MQ(XBM=AK1,61[2@)BTNY03,D)XFD.43"VQ4E]'F_$A]54`L^9F5#A%7(N09A
M!I4DV0:0+&^^5D4<A_.UX@S$R#_D$HLR[-#L2)@X_I&[>2:ZTGEH&/?8,<T_
M'<L@+C41:3T56M\3V"E%)_O8\P+BGGL+1+0;Q3%7J*!Z%R:UR&VM$E\'*BF>
M[P:Z3P$03I#D?H"H-"WRO1H.J$:^\JR]$"I1`M<C$4!GQ"8N'%2+PRE8>H<%
M;O3/U"&!G]J.'9:R,4]!!HM\#\!H@M$#+<#3<L[[LS0Q8.5=2$N,4&"C4:T=
MG@R`ON)F,0)R%@59$J=S`6'"EZPEBV`545ZZBC$?@H=M6>;<3/,P6-WT86^.
MCZ^$]>''%]-@KJC\ZSES).;K!H"EM.1<O"STX`+8*2%L8#M1:>O??PV\\YFF
M+=X_Z,_$""QR-_TK7/8V7/4F=`@]`H>ZLAS]Q^__^1^*\O?HP<*O+]G_?V$%
ME5A1?1/"^Y(&?!#DR/'NR?2W-Y</3W>?GD!3Z*E/*(:?V,-/6"X\5ON#\>#)
MI#TUGI+6&I<_3>]I/C&?V&#7;W2NZR=V*;]0C>,-^@W-N69YO[TY'[Y13..W
M-[<?G_K]P1LEL$WVZN\/']_\K@Z'%V-6G9S`8Z]C92$3N=:7GQSWVM+,N7=I
M&^$/<57Y35A4S@T@F%$3S(E+XP!7FOZ#&%L`,LP!I+L*C3)'$0$(C"H>8GZ]
M&V6,5@'1&U_P@P3WB]*K`23C59!T1[U1#B@<+DO4Z2)NZW+D@U_D#M[IKQY[
M=<_UGJ@$SQMT<J?IYSC>YM/PNL?E3DK'=<4%^UL.J>:N[W#([_HF`O*6"?M/
M423H+E&&_V'ZS]=44_A(,+;BN/3SKP%N_&X*O-G'J(MW2Q4D>/5=X&.(B`9I
M2G(_A,]#X+X0,+H0.M>@OLP<%R1U(@NT`%__V?3\+["I8)Z'X.W73RD0=E,@
MI'OTWOP^*E(2*H+!28'\3[#,M@&\5P#P7B,!'CX1O2T`!A7VS]@?X&NO>C^G
ML@S&X][J9:_\.#5#[UML&)5CL&O!F%>%^]UA3LS5=ZZ&P),+'\@@(J>"AT@0
M``OW)/9*W,>=]KQ;6P]<6/(J\+\Z?M3'B0G2?:!)GXR%<PS%6/2C^GB?])QC
MX(R>]#QS:A+CP=?\((6!^`];@)]3^T>KL"\/@_J4IPW0^ZS!=EFO,JX`RQD%
M0_5P/0MV\'X=NO'99\V>(<S#C^&NW4V_VPO--#[3@,NEKKL$B?UNFGPE`\Q/
M]W=?GOY7LSNAN'F\VT_XY$P#-2:82@Z1P.?:L2SF??(0KAH\@3=^I_/V,N<M
M(26&.>.AUU'5](FW;NLX&-[_Q#E+HCNH`</1W;G#]+!4%]E]M-2/IJ=;C@?J
MGO]),]V_-"L@E$FQH&3JT_CZT]]V?R[D*.&FG^+/KY;QCW^:`!=7?UY^)B_$
MHB_*??W67H`(HE_H;68[P^X:(9EPG57()73W1Z`!QGQ"C)25.7,)H=^+=R-!
MS4#=RXO$S`W8$9PK4M"Q9X_$G7\D$[^Q$/]"--2E\)Q7FF=Z&5#?>#Y`TP<=
M+7XB_B%\.3R[!?9YVT8=Y1VR1;!,R#W14H`AIR[$@V,9^R@83:3Q[A8XYXR?
M;C=-XIM`F``:].C\5[X%L$O,4BY`OH0^@W[.XNEE5(K2<,VR&N;MP@L"YR5[
M623",IGKL!XO,CB8-[T\G\F9/6JWFY.H*X`L-FM`@REX_5?'=@E:2%O\/JU%
M0-Z,&HQSIN?N,,[B)@$.S0X`U32U4G@\XP[55/8T/>8?FFFCF@J6K148*-QO
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MA0.0(!X3*2N11&,BE2.C1J9#\]\+^L7LRVQ6P5RL(.2F;6;`EPS;+,E-]E$E
M*MK*T94.7E#?A6)+P+UX<C:OC>P^.GO=F'I>.Y'8.00[:\8#<]O([A"1N*E!
M^DJ(5P41KC)38D9*D=VP4S%8^IN"(J5,8>F\XNG*KM@PRCF(*[2+"KM;B!Q&
M."W8Y[MVB!OF."W(=R7DF\!O<K+J<!G>7LB7XC9'Y/2]C,NJ,N#W5C6.(W*<
M3=I<3VIS)V,Q"&7/M<1*$P/FTI\D(7[J$*]6%DEXMYN/B^IM4W/*3NGDDV,E
MDQ2IJO?8'S`@WOO#K(4J=+B*;W3C[VE3X5./I);0.47HU*%S-!4VI\!W]CK"
M_K*\>R*IW_OYLHKT@50=T8PE1+-&]K\H!<UL15(1N")F]:)N7_R0:RHALT;T
M[;#X`<Q=PJ7A<*E9&6@,7)K.8?;8OE0!^*D`BA(WLH<=F"\:MM8_=F4)?SUT
MST[\11#+3W<I<?/IH,=25Y_CSB\ZQP\32]16LG/U;#0:E]I]$SP/$K44M>/A
MA43M*:*VVRFS]0:XPR168;FWXU&IBG(I9\N:"#NA]_!`VGI%JCO:=`)I@I0R
M0>[7^""QA8"#W5V%MD8J=124YV.M`8WTN=5`,A(P8NABS0%,TYF,=$<>VQWI
M$=^W6%/Q])C-4_9.-L:RZ?<'IVC:-`;^ZMF@/SYVN[(6P[_?*6?:2^ASA/[Y
MB3G+3A+NI\#QA?,W;<2`U#!+:9A?B9]/=E.FT6`]U#=]-Z#JI]!Z9F.<*Q(R
MTKLB`2/=3I+'2*^3H#J!HBB:KTPUTU5>Z(`Z##U-'1<`9BODITX';PBM#9RR
M_:&62FPZ!0-$(."_[4F/Q_$H_]A-Q%H,^E)=Q*2WB:./N]NZ$(-P#J>WP[U'
MB4GULM#E9,8C317F=E)<8FD^,13?V3BJX.BJI30"&P\9Z4^1@)&.)LECI*/I
M^(XFFM%\[C]K]KE/Y@O'U=RE8LX7FNF*'W0Z9<.C=6'NIL)>^CFX6GHRGZP9
M9"]]3)+5GXR#268T\:R?8UT]<0*F[MBT:2KU+/UU>R-;?<J6>W7!Y]14`PF=
M^J!S6LJ-Y#M;%1#9ZK-VSU.)S&<9D9+>8AF1DG`1!BXR'G6:'$;&HXZM%30T
M]SE<KJH)@F6O]P';.7)ZKYC9=A*]?+)8AZ4Z#-8Z5DWB]N#,_,U9FA*[#<:N
M>*U!)6+Y(+8<2VZCP,U,`ZP,P56FSW='*M\$>EWTF8-K(/'H^)HEK/6PPZ3)
M(BHTG&!BD4(R[!UZ,3A28?D.RO6`Y:CLM]_O"\Q^)4&VCB![`P&+/"4YMI4<
MU;-.3Y4$*0E2%((<"%>(+6FQK;2H#DNQ1JD\'H\@,SX$$6BR0G?#<+#1I91R
M-OSJ:W"B^#?#?,&?__YKX)W/-&WQ_I-FNG]A%/#2\XCO7=K&9U.;F);IF\3[
M0C3:BOO.OB=ZX+JF/;O2/-/[0S/MSX[GW=JZ%1C$N+5O-->&OWJ/`*,KR]%_
M_/Z?_Z$H?\^]I?R*F.",D+\GT]_>?+J_^_+TOYK=49^Z';7W]'CW])'HO?"W
M&]LW_>43PFFL]@?CP=-\8C[%[[Y:7J=RI1]\^'^:^G0WO5L05_--^.OE3].C
M3U$W!N[*^TPSI_(;^T+F$^(^A4=,OR;^\4\3UG7UY^5G\D(LNG;NZ[?V(O`]
M^H4>6_*-8A#=G&N6]]N;\^$;Q31^>W/[\:D_ZKQ1`MMDD/C^\/'-[V!),+(H
MP&=Y2*]!V=T"(?/9T6SO3V(9EUY(*;.92V8`P\NY$]C^K?W5L35==P/-0M`&
M6<1=/CS=?4IPU2_`E4',I\^PHL7^E('67YIK(AW?(D,BGL^^\LT%*+G+*V*3
MJ:F;\.,*3A[T9V($%KF;)J>9/I"%YN*^=1TW[ETMOVC_=-QK^&CFN,N[Z6W<
MN"&FAGOBF09\8&K6%\?U9]J,4(!L09BZBK!!?RV^]@4SPQIL<G6I^,F/YG0*
M4+-UO-"&&<P?B3O_ZOAD(XJ*KM,F%*7O%OOSS4^D,*"L0NP!>_GK]F8+`+NK
M`!S%!+_?B;,TCH!^=+X`&%W8[P/>$[JQ>-VR-,QZ?CRM4%`"(A>K?V%_9.(G
M;ULAVG70`O9E:9YG`JE37G4W/?BBK(5[;Q7NW6&ONTJZ6Z%7+;#7;K[/<?-(
M99<OFFDA4#\Y[H-FD>3+?[C`2+_;;CC."EDK<)5@'M`^+[=V0@>EN>%F2OK^
M\.A2_KX$@?V'\T)<&[]3!?N+!9;YDQ@AO&*B78N#04Y47:0O+A>09LEK_9)\
M0+]&#%R!UD>,RQDPFTJDSW[@'ZZ"7U6[P]4KL!YB`D'V*[)UL8`[RDGUG!9V
M.&A!W+L^WH!KQ_/+RNEMS(/JOJCK?W-0T==!EP@F8!J8'NK`XD!ZG"/C<4_=
M'=89&-;(ST\9)1<YX=H5DK'OCH,F,?9QS@14U7YIQHZ(6J?_I'""R-*=F8WH
M^M.Q4)-'K/&E_,;HQ..<,9>PHL,`NBNY@X7EFW;@!*EKA);\-\<SJ>U(/._Q
M6;,?7XGU0K[`MY]Y6S*-NBLYXU$M<5,.`C8OC*87OW,_._:,N$>U38^(S;Q)
M.BBA"AP$Z0:ALU$7-&>H]\:C6E&Z66/9]@*UFUT\=C\QC['T!%`DYST!N^F+
M%4&?!^(CWA]MX4B(;XC),,X[(_A0P)YH.!D*^,1*]I)+CZ);'+3GW"3'1?@1
M]>M]K"(+S^&R32!>[R:6.6,Q2G%0G///M$;!+N=>N,,.L#2>QQ0Q<3"8<^<,
MZM7`!$/A\3%RD?/P]$<7#4-)!3?H&W$7Q`\T"WDAJ#PW_PHR7I8M0,T'XOF!
M5'2;@I,G5+Q`S$7.P3/@HUB>EFEQPM&(BYQ3:,B)!$[+MBA/`F+;%A<YSU&3
M$7X4!#?#PKC(>8\2_;06H#?G0J\%8=[]TAT+P"1KSL%#W:;X%'_`AW`15FW-
ME3M`B?MQN2#>W72-#AJ_)[7B)_.%@.Z*F?2/SB=SZA-BA[]OH?PB]XD@F7>B
M@3@-U4<'WF#[RQ3@MP`ZY\38']!U9$HU$,(Y)\.P1.1NC[P=!`PO%VPL+UUB
MP!%`/MJS+XYC++V,5`L_TM3P&_O!?:=@[!HP@^*;BY#NE9FS"7IB(P/)]JN#
MG^=<;&4H_W+B?9EX,0YR>M%:!.2\#*'CY@0Q4):B4\[/G>DY9][W=@P=E@9G
M32XO#OQ%X\)?LIZ=G1&2L[;[:BZOGIL?[8@X*2IS0<;P96)JR!8`O%\I0]"L
MU2*PJ+7V;=Q9.W[Z'ZZV6.2AO1^+LBP:4]@9=?F:"([),^)CC@(+<!*XQ,T5
M[HF*LYSM6[^[N@9)4@?X#^1[.0NZ.@E$*81J\=&DR-MX4"03$<RVOH\329/Z
MS?3?[^RLZHB&S"8,=7=V*`PZ.<M4O<@%#:L\QZY<AB+A/I5OOJF6N)^I)=Z]
MW&S0R0?!2T3!\WMDIV/VW_N/Q#5?0-2\$-!KJ<!A9:"':1G)JAZMB?9=3??Q
M&F6-D/"[4RVP_(=7;;%R^6Y^@GD(.TIK+E=+.%"P@)_B.YS^\Z6VZEF,BK"O
M`L^TB><]D!F]%?'CE&D#@R!)C?:6VYJO4$@RY+>`]6#8;XHIEX$]O3ZY!W@@
MH`8,J#E#],B0WP-05\1R7A,N_8>K&:0&R.7CU!<7W5+$BW(I^0:K(8?O?22>
M.;-1^%P"#S5F<,1$WAZ<+G&E67C,AV="@&^S4HP\/;/-K$`QV6NRGWO3^Y%Y
M/*K<0,N^@!.%!XK.N/KRKXYMQ,??@H"<S9GPCH,@FY5924"EZ/BI%@TQC=U-
M8SWI&W&GCCM'@,?=-@X3;/'I>V]^QRXA89,0VF8%I5;4M"3I=V)I"X^\CW[X
M,-=<.#=V5WG?[60;F:[V.KW8-I%!'?0.:P6[0_]3^HJ#FI_2KC?T]U=VKHEC
M&86M6FYM!1:S\/*7Z6<SV&-PQ&!U;,2F3D7=T3Y]5Z.G=GK'L.SRPPTK[]0/
MMY]OA[M3<SH>_7!W)PD<RX5W?-]^P>7NT`ZMD`ZZ/9*(6TG$;U%"[=WR>D<2
M%I>MI]1R!;0`)5$#%$TR>GE'PCG-D7>C'E9_`NI2J$(KMWN.ILQ?IUWH8J\+
M5?$`A8(K6"GD(\,-AXK3.G_&X96$B!7X\-;6G3G!,:()!RR#GV%YY'!C%A4C
MK&;F$B-C7]ZB=L51(LM#ZH)"JMCBHHT/%9WZ<\#2IQY,Q7L%6U5(R5P1C+DP
MD/5@3L(;!3.&S1`'1J(F'<`E#E,H#NJ?6WL[W/4`+]</-YPAN==)=VEORV%&
MY?JCCL?C2KF:Y%7'LB)X`N]^#?_!>:8.>IP5C_B^Q;K\-H`K53AA*S^']NAW
M_&U?[1TP,JM9MYS%+Q3,)Y27>R>8H9,TKU=,HR@(WN780.0[SEA><Z[7?#1N
MR2V_#ESL.;UD%_S\K]L;><EKO>1E02XO.D]<JALGI9S.-;^T+*9=RMM]PAZ"
MEMW=@;R[\NY*]?OT;O907FQYL4_9:59Q4&^/ZW_`CH[.+M[V#AECWR2.47I.
M?6.XQ?$OXTG,I3Q:(*[JP925,I#>Q:Z1N^+)E/BSS#^7^>?"<;L=,XW*&QCT
M&9EY+C//)?G*G'.9<RYOA\PVE]GF,MN\P=GFU6.K3K8B\\S7F+J-R]V4>>;B
M^L,:Z][J['_079Q5G0H/JIZ-NBT)?#>.5XG$@4XM9%9A"*RS^H)CW_&WZMF@
M/VA)3$OFF<M$EW9>\V%KY'CNALM$\]IO>8L2S86[Z>JH'3<]6TTB+[@4XVVX
MW&V\VU*`2P'>ICO>:<<EERGI+?+PBY!^WCET0\?F#(-N.SB#3#V7J>="QN:J
MSCRODGGT=@[ER<3S_>$O$\]E;N(^Q"`3SR7Y-IA\9>*Y3#R7MT,FGLO$<^X>
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M3>JZ4C5X6!"&Y6"W]H.O^32O^F[Z*9)HWX@+4@NVK9-'`,^5Y>@_?O_/_U"4
MOT?+?R13XH(Q^HD)-U:^]*C]O/FY(+9'KHA-IJ:OZ'`.6.">3'][\^G^[LO3
M_VIV1WWJ=M3>T^/=TT>B]\+?;FS?])=/"(VQVA^,!V_`SM7-N69YO[TY'[Y1
M3..W-[<?GP9J_XT2V"9;\_O#QS>_GX\9%)/#[[:[[(DN0;"#_$[O^/+AZ>Y3
MLLE^?I-/X=-/UXY-29)6W-T"0+W+GZ87_YG&*STR0SC?6";0$_WB%S*?$'?M
M20>YD_9ZW=QAV<;98>83\SUH*XA=[S-55>[L&*LI]%_ZGT!)^0MUE$L[`M--
MJ*`<@K5=`7*W("[\R9X],*!X#!3QWV.JO`H\TR:>%WV/K@+'?/K^\`UNM:FS
MXQ&:FHT_;('I<!6FW8L(H%R`USH\/,!9=!\=4R$FX""4W!F)T^/NA)E1#C/]
MBC#SS25S,YA[-YIK$P,6CM?Z(]!@JSY)R`G@Y[N:#FOCL:@#+MTD8#V*^AD4
M;>(=,8S_(,[,U1;/IJY9%+ZZ$\#;ET#K:Z$VSM-SAJ#YG36!W^6+9EHH?@#"
M#YI%'H@>N*9O$@]7,.W`";S$DXD(^^9X)E*#VOT"WWCV[MS/#J#$O9S-7#*#
MXS.L7NIZ,`\L[+=P"UP;7NHSJVH#5RXB?I,^^I2LD*'YD"[^<%Z`2/&O'\G$
M7Z7[6'S&%'4W?2`+#1-.8)N(&.]J^47[I^->PT<SQUW>3=>]T/Q)C"^:'P)I
MRSVX6,5HB,G:H=X@A!\?;=W.*MK4CIJ^B(U$WU'NY_<'RA&1"WT#T>4C.WP(
M)J#BFAXVV1+FJG;559R/>GQ0?JHH1H4!C(L%\0/-0K8+.+[Y5P#/)AO>`O,N
M=_98"MB1UOTGL8Q')Z24U.[+&A#KX52\V3_@0U"N'D&E>7PEU@MAO&'E3E!B
M?UPN0%&:K@%S_)[4BI_,*>@#-F`(G02/#KS!]I>?0/J''VW!3:\`-]L`EE++
MV#NT6?HJ7Q'+>;URG!_TMR^F;<Z#^;Y6VMY@B0'PZ&1AE`=(-P6/M*FZ`'4*
M`/*N,P@5LYU/N\LM_\,%&LE2S#XW>:.)2VMH[JFU\,5QC&76D@@_TK3P&_L3
MY.7$^S*!6^LN'&3A=V#ES:@ML8TUY.SET6[<N`3PFH2+*TU3#T)&]'WJ8;C2
M]!_$V)E-Y^QL_EB('2![<_[XW@E])PY!0\ZH'N3]1X>#3W1\(%>AK#6AH3]<
MS2`'(B1F4?CEG5&2L]A[E6$$+]QG4YN8H$4O8;%K2S/GJ%>'/QC_#!@T0L=H
M:/1?+5>=!(Y;%B,&,9\^@U9EL3_%:+C#J#-[C[NJM12X=.+G_N%JBT6>\/?&
MW1?']6<@?$O>IW7&.2<H)VA+=H2*TZV]1G6-'35%J\%?[TG(/4,7#SY\3SSB
MOI`[^]J9+S1[&:Z0XJ^/2'RQY_\0)U<"NE[GS>\8JJBT]?3&$.JP?/QN_U29
M[8N7"(Q7NSH@JOSZT4.[O:'\\IO6WJE)X'"O[*5A&;@U]U3EHY8EVADFK*I,
MI%="<UUW^9!U*\B[2R4.<>1W&WO:ULEU8[SV-N!5'1Z<2;0#^0T/SP6H?LK`
M$:]5Q8EE]5Y#U*P5JEI+Z-</_;*L3\*=5\-S:BKD.W9[P>+0#>R</YEZEP#2
M;DN>I@#BCGN'9PZ"3NVLRT1'I];YA%KA[X]XQ0]*QZS*,AMVJMO&L+/K+B2D
M):1/#=*G*2VJ=1KMI`4=I4YAK73Y<G5[R5=W6?NJPOYJNZDNU5_[@ZB`(Y!*
MY?[3VUPN/7^%`7#<N:KVQ-).)$H/OK&]S2T1)4Z;A]/>6$0/J=0"CJH%W)7M
M8%";'EZ-9WI/;;RB@MOJ+GNINRYQV@B<;JF@EEAM)%;/I526Z2*5J:NT&8&B
MI3S)0K*01CK=CFMT=S?VXY&8;`PFW_9Z8LIUB4II8E<<EA4GV!HE/8L9;ZWT
MGC4V8B>A<BI0.4U6*+V-,N9XU"MZ5&6HWTX1VAQGDH0Y'TM<ZOQ2T,FP6BN<
M]6+ZW"1.3TAF2IS*H)KX,ED&U91YUF,H)!>1+ORRN-W89%KBL3%X%%.J2SQ*
MZ[HM$35J`\LXFHP82:C(.)K`IDP#W8LRCM:B^()HB7ZM`/J6`<02ZL<WVJ2L
MDVZ[/=QVI6?VBN0<$#$X4.VVI>B5A"(^H0BG+DA*$912I(K35']FZ;F^HM_R
M76>_-JS?1CU`.6Y0I#^2A"@)\?B$^+8W.BG%1U)B4RFQ=R&D8C5X-QI(W6HK
M]IZR_P1G*=D+D5R?`UE$Z5O,:1\B!5V;#>N=NI1+:`L)[=,>":)N"F[W.^.R
M;V6/'"(+1NL#SLJY<FOK5F#`HV9J(J3)IG$IDZ6"$7`%A\R]4S3;4+[2(9B:
M]4Y$)4!B?`O&NPSCT3`?R_$\Q0W'*P#RS3F.O%8TER@3S0/\.[;B/Q-EX3H+
MQT7$*\Y466BN\D(')#JO-GS)=^B7?-8`:8ZCKK-?"ZE)!)+YE8Y[BW\+Y\"Q
M\7D"3;O+SK(,!TJ:WH^/Q#5?X`:^D&C6'XX4]#F-K$Q6]ZZ6..71U70?QQEF
MAA;2;,/<`ZOST'%X.A[L*O!,FWC>`YG1<\:S%&/XW"V(N\MDW5YNT'EJ6N7N
M(&*@9<SN??+EKP[C:Y>,?FN`8_3=J198_L.KME@!X<U/D+FPH_0XT:OE'ZX3
M+."G&([I/VLU8"$W^OQB&$]SW0+5*JBZ:.Q[%=BH`I2Y2>6JVNM&L#P"9?."
MY4X<8@_ROJR#OOL%7&8GND814H@B^/)'XH$00[%P"<+%F,%ADO&R!W/O*\W"
M(SX\$^)_=G1ZS!@"A5M:@6/RG6172'&E;DAXKNBHT1ZB/W]U;".&PA8<Y&:H
M=_O]Z%X<#N9*)8!HH,R-0+_HC]52_+HBAK(14$BXEY9%&<E?MS?5@2<WFKP;
M"K.RT@R025Q`ZZ/VDTZ3`H7N9_19.'(9=3_XKQ9JD5?$)E,3C*URE+;V*.M&
M>J=DR?Z;W')88-L>MX/DQENK_;Q8+-Y":9R$BCD.RK[4=3>`W:3T=5Y'ZG=6
MCS2\V`,W6S:;/3S8]2Z5C2!BG?G<L1^>P:X#?<%WS4E`S:!'YUJ#2[:@8A$6
M_8?FHA7C;9BUW<O,VBZXWVD0=%(02"OO'MU)1G\_8+?98]\3W=(\SYR:3`[>
M!?[=%*`5S`-JEC'=!(C<)<\`4\I^=&=.JI@VWN_6,&V\(.RQ6YU%?\0>+9DV
M.EI]87GWQ)K9CW0C0#T.4]3>!\#&70OT.IZC:*LK:AEO`O:XO_K>77RJT6,5
M`+L(I$RN>4IRAXBA3%UGKES>7=\>!.5=3ELFY?FBM%>-/5+:I=C;Z%(<O.N6
M)J?PF1U3N[O[I'9W14E-'^98S$ZAA%46L^$-_?%>KX@>V^D=XQR6=WG%N`2>
MJW]#'7"J^M97O?XIP*@^SJBJJ^0GN2-?;>&`S&L!M8O_(YKK*3>@U!D*Z,_4
M+E=ZZED[]8KN*A6V16__2'S-M#Q%FSB!3Q5+!<TQQT:_[9%I82<$#`;UU7WL
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M\-?`L%0A7($;=8?=YZ\VO^TK;]5RU9-Y<;D=O8?Y^W>`4.X%$K\1?KM[6+&U
M-7O:`3B'U[">*F9+]GMI@(.8'W"^$K_`?II&10E8=Q$FUGF*YBM3S0PK,C!C
M!OYA/<_4<4%SL!7R4W_6[!E1]K9/-W<VX:)V<*2KC><47J>YQ)$(YK\U5I)C
MBZS#'.#ZV4?GV=TZJ6A'(G'#FM28:@%Z@.'?2!0/#A-X%>@RU4)S?_]"(]&K
M=@[4:/CV#A5-GTFJD.%'3,P56B$YK>04;K[T:@4W][U4>^&[17W=19'9W&%9
MFYO^V'A5Q^)P\0,B`)4*Z&9A%$3S6(KF8N"P(IG(>SXAZ#:(!+2O_=QL=THI
M+8WL)JGHY;B`-+*;A^)235VEB=TLY+[M23&^!C;?7.?%]-!I_';"*KM_P0B`
ME.2B27)I;^^OQ?<$%M_2WM[;WBXU(4;:V^)C].VH(^7T)D]XRN3>5RC+\O7C
MI^&52[C9H3_H88G?(F:R'15$XJ>#G3!X:JQ7S]DG32V?^13F;.F!ZQ);7RJ^
MJ]F>Q:IORTA4R=\D?Y/\[43XFRS]V+GTPS+_%6"A9MC0G*7#QIFPM*&;.(:)
M#/%48'H>FD?)60C(&`]_'`\.NL)\I9@,\O#&;JGIKL*+>+%K0OA%A'31.QRM
M@2H;:.^N]);U:.R,#D@AKND8XI!DZ6!2$2?@.8U0L-)480#3QJI788`O6D&M
M,("I-I`W%(=/UCG)MGEEP,+`188AFQ6&7#=EC6^3_FSC?]AK,DXM3%<^H(O_
MDT',I\]DIEGL3]GY+:E67^S/-S]QBJ)IS_[27!-W>8MEY[`;^F>3>/$4D[4S
M(O+3H$:Y(1$%ASP$"ENG.=0/A=SX)74XW!D*.!MH'>VP21E9NKLT_AFP53ZY
MSOS2T<U/CON@6>32-N"G?[@F',UYM>^FR6Q`>/G=]%'[>=B(B#6GSPT^.L_,
M/:KK;%F:VO36,!1U'4:B'C$0I>GA\)C')"RU97=WU[>1K_;[PK%QFW?NY\1+
M6Q6\<].14E0FQK$3P@Z'P."#J?=Y_S#]9[K5L,6@/8N&H`%FM3EAP#B(%>8O
M/+P86Q]ZV;%OJQLH/:WMP7<#W<?)F&RR)J'#-NF<.#9Y*1[GMH6+Y,8Z#3/W
MZ"!0YC`"?TVSPK],PFV"3N90N0%/@V'!H0IV4ST-[7^HW+`G?BB*+C(;IQ2/
M?_MH>CHH,T!E]\CX7%BC[`PS5J3\E`BAF(*_$7=!_$"S/I*)#]1[`W?97R8<
M=N5*Q)NZ6L8__FG"R5S]>?F9O!`K<\/B[]S:B\#WZ!>ZFZ_"(#=Z2NVMRM/M
M`*H:H'O"`^05G0MI&]<X.@D8A69M`4=NB.QY/S=;K"P\4D,(!0#*/D22&^JJ
M#ON#5;#L>,P5A33`%]]-<_>5ESQ/#1D;I%7H!>P)6&1*:URWD^R&XZ-](1J>
M"[^"7.>[[4QPSAI3:Q&R<&+'U@$BS!D<`^!*\TPO`M9RK\F>ZQD,97X?=YCI
MR8%J>ENH)J>K=_NK-%,)-!N%L$)3:/G5\2O$6/R==7;8U?(Z:X!/4_8=[CI%
M5WE]8@M9Y(R842_'2R1=1+;#Q[43DD^%'C896172`6J1(8O_YA)?^YF8;W58
M0Q3$'GO_C67.36;#;(%5WG!)J_AKCI.<%_XR-X.Y=Z.Y-C%`/?H4!7[_"#2<
MEDE(;$)%X[L]:F0A\(T4+59A;@]R%DQ?S9R/W_:SK."[;9@>FR1*#%P<Z,:[
MM"R<E4V,1^>;YOJF;BY"M2!2UBN!07ZZ;<Z_M>=VLV?>"Y:-\A4.<Z9-KY-3
M0/8"0W*AX($_,)OB,\VEN+/CIY.AU=YE,EJ<^=;0-703]=-L%$1SUE$RIY@+
M-%*<BKC8FE6;D;MI>'VCJ>CQ)::+?,=I4E?$_^(8Q-IW*GN\)8`:OM8-I1P.
M'$],F(2)H\B[NGG$1QC7QI?G8==-@:Z;LSTZ[RYZ(5_;Z["KPZRCKS+S-"61
M4R#'B$TY,S-#"^/4@?+QB-!0SDZMWG%7">9OYPNX8W?3KXX-<)DZ[ASO'F+B
MSLXQ\EBP'W*J-(7G;);>1<8UN-_NMH<?DI$G?SH67E*\2'B/+EW3PV'V`2HS
MWV@>T9V=,/78X?4(%^B1S!<.Z']+W*7IXGUC5_%R"C>](B?Y,!^4&.P4E:CG
MR"M2#UBBOGR&]^$]8K/KT3UD:>;<@VVATFVL7I*3]X</<RJXVL]Y`7<%W>J\
M]1=B!X3B*Q8'#Z"YF_IA"E1]4/[^\"V8P-E#&.\*TYRJWAOE8+H1.CDS)?QV
M%7[V84[U!FZ>D>W9/1S/@W[MN'CA?7('.)FE;*8$H_HS,0(+9&F\(PQB+C1\
MZE+7Z1#SJ^47[9^.>PT?S1QWB7(W\ZI8,S!_$N.+YF?\\VNAF%?>QWF?U_'=
MZ<70C2^4YCWCQ8;_8'CB1;.2:[/NY*-\&$$=JN*=G*/O1-T"D9RNW!T='EJI
M*)2PX;JMZJ&51:B*EHP5*.I^BC>5M^>K8`'XI@V>]+6(SP5+^$1*]G6%93UA
ME.`XNRKK#VINB3R,<K8)!Y?B.C@6),,<GEZV]F3YF,IXE;I26\CN[9H8Q,@Z
M/(1T/\2+W!,S4K:B;7]RW)0_!G1^F[JGO[F.`:IPJ*2L2/"U#IWPZUN(*6??
MJ#DSMP"R6="''"O>2Z*\4',FXK(^&CMN2&YS,(<`7/^@Q3+$N'R!*S*+G5#,
M+CI(@Z8F1."^$-.R*#P9)T3;/&;_6H";^6QZ8%:]1H"*03-\\_NWT?]UOZC=
MCPDPJCKK\=@A;PVU!@Z8LS[Z.3Y1+2,4%S_WQ#,-K.+6K"^.Z\^`T*XT_0=0
MW0P#;O7C*F=[-1%)#\3W+7)PZH;H]RIGX8TJO%8IF%:&-YH]-R6N!^+882"H
M`'\1R+\_4'\+.H[0G^2;NF8]!!/#9&U'ZU<5QSG#M9^+MU4+[89C5D@#8)PS
MOKEE'AV$5&;NAV\T[E86NZ8QL%L[<8Q''O$*;R0HT7/BZCEA6`/V#DL[V?@P
M&`1`%NZ2.:KA=.YR"\7DK/:<K^9@+%9VTYE^#"8?O-$C0`STOP?9=F*+X7'.
MP*]2#!>#5Q"^?0@J1=.$QWGO1L[4;KHPIK6,E6*5^G_H2QDRZT=CSF/"+;]S
M1\B>`AK77LZOCEWQ_11*,.=BT[6H<G40TU:_1E<2S!X$LSY'MF:G2B9DQ%'E
M/X2KM*[<8)S/;!BO5RH.0AD?1A''/&N4-1%"[@&F=10<K$56/H&"U]W="-8D
MU0;#L!@=1D@`J=%819):=I@A7A0O0^A_F9C:]Q]YR*0`<]$I2!_M=+LL-V?+
MII/3%9S]\=6I(J'HHL`#$UO4Z[?2J!*=G6OMXCSA1Z(_V^:_`I)D$1-?LPTC
MT"R#3+7`\E^B[\XQQS>_TIX<=$T>QUKTY2L^N=W$'6MSJDRM/ZR]2SD]A7]2
MRE89OA:K.;=)M[($?G$K(YJ+OGSSF\&@(O0EG")UVI5L?MH.YAK/35P``YR!
MU=N7Y+!KC[LA\>+0+:ZKG2A<:=\B@YATKC2:7_'P3(C_V0E;O<32'QAS,'\D
M[IR2`"`E3.")"&=5!B0;2]"*!0CQBC?P=<.('#]KP9M/^L[UD]H5,`G=%`F%
M>R2MI,:%CP`N';^@J=RKHBEE/.O."W&7J$*M`ISN/_/2+]I/<Q[,:Q3._13B
M1@6ZX`6[$SN`GQNNRID87T"W,0$I/G#'CW<[X>2K8R^R-3:"(V9<@)C!2'3,
M;%5CN=X<TSXB@BX*$-3O[H&@/US:4@TA0D(`H&_"_FZ#U64P^5L60_0\6$T3
ML]7$_X%54;;Q62/A.S=K"L-.+JNAV\E44N^R?YZY^`)F^JRFG1^M;&38R9<*
M=/+I>O463S0SD8`BYW&Y0#?AFER4+#?:;:=')(V<'7YP-ZKZZ2)JO86^4L1*
M*B&X^FM=EB12@=.U]'#\*,>PLST#X@BU1>6I8\7ZJ=OC/.SD;>J+'"3WJM>I
MNVPO-.7_0%ENXU^1VL5A9'EC?IPS-T^J/G!5-AT1]CE+O]L3&/9'!%0N=`PF
M0RYZ7!I2+YII(<</&RPG8H7>T'AOEW/01E!&7CO>QBX=FZKACPB\7*`5X)E+
M_-D+&`4]S'=HU;7=2QR;J7OVF\\`:]]%UO4C8%H*/N#8).I'$&LIR;H`CB04
MG2`R"DIO05H^X)J+\V3@G47%`[$L;-P!6@OH=Z!:71IS,/`]VD#GA81->BLH
MA!RJ>0LWS]-VVUY3ZI9JR^L32<]5<[;QH,K\KVIKI*(["=?)"@R\K5'W-K72
M#/]:#;`M"K>ZW:*M!^(-KH23F7Z,E/(MR"HDI5J+\79+^6HF9Q"*A/+]WBHD
MH5JSBTL7!>W><JL&*9$O(:CR;M=<X;.;A-C=?JD!'_ED@>ZH2L%=![?-*P>;
M9OJ<:+7.4,TWJJM5(=L$\X;7V`D0&EN+]9RWIA;!5T.EW7Y&5E,J8H52GG+.
MHRI-<W%-.4D[Y6FGF^^[T7!MHM8B_%;Z`KL%>3(G8Q-L=18WIAAT+?IRGK^&
M>'+W+B<2KM7J-@SE'6IJGUMG#9%G,Y6[7`)@*M\IXZ);9X46WQL;OZ'>3C8M
M&;$U[.9'-.1[F-:"R4J)IWENM6[>K3;N5M0LI0A,8MWE0T)B;>MK,.SF.[Q6
MI`T?X4H?(5HN2&NS83?GF#L_M0!Y?8TIA4!HK2UC&]F+4L0>HL->SD.UX2(*
MUQ+RM-HQB^2%ZN4STAKNN>2>=5+C)<WW*>E79-G4G\&!^=%-L61Z.==1;U2I
M1Q]A(XB&<GAX6*0$S5X^):K*U!MQ.Z(?BM9="K)J0&=!X95$IXS2[J;KY/Q3
MIY(E4INC6>;:QL24\U@U-:6SAH!@!/ICUT?W<NZH;H<;#SB=B*`@#52'O9RS
MZ?P$HH)-,H3Z^4FXG5%%':BS`-K</JK\ZK?V2G=`_/+,1O&U+F?WSHV\QZG(
M1H4%+,?FCOV<+^B\F^FS)!8F$@JY-`P3WZ-9-YX/!_.)L=HV^,Z^GD^\%#.K
MHHRWG_/?7*AI^.VSS]429>I!7MZ]VL3`L6,6,6;PDY<H9#&2^#2N'/9SOI!!
M+^<Z+K.OS0V<GUU228EU/]\:)?&M;=I,`2-*FB2LC/B\M?^/:.[&7FE'ZPFY
MLM7/YG2U6#_?WV[EF1K[W*DIS*5M_OF20A@4MW>]%::T#2N<$5EAX<2I(G)8
MA,C>GHB,6$^Q.9=./[C67'<)PN-RCOU"6'#K$.8X3ATIWV.ET^FL<L?]MKBN
MJV_"4N\1.H\.[=5ASJ\U[[F2GK[EQ\8/^_DY%=V<H;7;D8[0C;=5?42'?6Y]
M1.-1Y)]I/TX*`3S`WNU_HNXQ5X%GVL3SPA'GR43O[P_?@HEEZJPW.(DWL)DZ
M!^O+-38=XP@=;3F+CNW+/(#JK1F"4^Q`+:#8CBIZ:^)ZFD8?3]2G,=0MP-!>
MS:.C%L%@,V*'(QU.]BGPX2G:7/B;MLQGA>S`83AV)Q[D["/X*,U.=CO!<=N:
M?G]X="DREG#T),9WRGV*!WF#,!]+/'X[V@JC*$>$?3Z,>R$@[`_-[UM[_%P@
M<I!3CH]_>OZW?BT\\D,.!_F2CN/W]!0I0T*$6UQ@Y#4-:<=H9G%H4V_A^[P/
M<G&[?!E06<)(-,\HV_C.3C[[2GPN.9X;IQ%%7TJ'1Q]>M<4*W(O6\*)-7RW_
M),8,3G=/+!:'?#87F=5!Y3>(!XP$_4(K2[-H2&P69SPU*VPH"JY$$YA2PX\*
MYFAMQN<PGSP^RHGKK0C:KX_PO4.[GJ+C[_'5>7QVG6#V_`DG8J5[ZM+`4O.Z
M#`]S$3>U-\XK0OQ!=3`N'LR?X0L>B;UOR$D$#!2$['*9OMS@LQ_8,<3J!/X#
M+&V1\./E1P!#D^&>+\X?J'DEF!N$BF8!IGRZ7QW0UB*F>^F%/#IAD`=#>E\'
M>[Q`N*5HEZM<OT!JK`5]SO`]'_3B*J[#092*RZ^@[YIU^89UJ4AZ!`'U2.:8
MB^HN4R'P:8+F(P_U.>+]R%G(40[!P3!=CY_D.W2B5K;`*]6D_=9.S7/D9U27
M[O)R1/2L3R7F!M@]\$1]EYSP)`"0\RFV_=%>8-X$EUUELBC.HV'>ZBXA-W<]
M[<[C.ZK-'3\B\>5MV$Z)^1\%$S^JEXCEPE%KV:U@O':4LSZ;*`I+A@H=FP`L
MW1]8,[L;7QCE;,DC"Z-Z(-4@I6&4+^^M2FLX3)Q53ZOY>7_C7&;_X4+L&HYH
MVH$3K*@"WQR/YN'N;=6=@H`;Y<S`<=Y[?SAH=V$<VQ93NT!C_K-WYWYV[!EQ
M+V<SEP`\"1OM6ZUETD#C<;2K\5@Y"GA@_S/Q/)3ET1:.A/U&W.F<67HPXO>$
M?H+X/XEE/#J14V[W%Z=6SC7JX8#.L`0:,2GR9-Q1S@;N=KIII8$3>'F)U,=7
M8KV0+*_82<P6Z!QK89*S@/NC_`30:HZ0A=.^P-\7(B=#U?E!C=U^+NQR,'0%
ME3[EU.O#O$7C78WGFB3"-MRFVXJE7^K]/X"`Z5/K/LD5^!K@V>^F\;?X.>F*
MM_$'?.B'KH44F]@SH0/?DUH10[5A"NRC\\F<^H38X>]Y)-]^_93"<MKVCVKQ
M**HKAG=RPY+<W93:<T4LY_7*<7ZP=%^6,[ZO(WI/J`*>;'^9@^UR+62[*;@6
MI3%W!^P&[7[BH]NK^V8:;10H:UE.WKA7.8KG4MR]AO@(2XR_AYMBS[XXCK%<
M3=;"CZXT30V_<ECNUWX8R:<Z'RV,4CF-UXN/S;Z`M0C)&>@E0C@E+TA34'*I
M:4>\(3G#N=NOCF<=$24&,9\^@[9FK93W?)F8&D(.H/M58ST*5A-?\VF#24FR
MJRT6&UQA-=VJ?!/QTQ4[=:`#U[JT+!I-VQD)>>.\8EFS*=C'.`\S3)(V(TE;
M\'MB!#K59%,ED(YE5-&!8IPW>O--1:LX#`,7,W52N5U?'7;/6<WY8;P]51=X
MA87MOJOI/E)8YEJS]BY;QLW<_`3%';:5%AI72Z".8($%\MEZ1/9G;=4!N[5N
M."[QO5L0-^W$78>\BR([>@M(LV0:;MCT?A2FUUT>GF.X!^0NZP!=46"Z/%0.
MIN)-_0_*4''TW:D66'Y!_K^@!)P//G>&<:KY$2AY$SI$I>2<97L<2JZZ@H5?
MKO%%0=>EJ$/*CE17;<[V7DU18CUJ8\.VC9A8;;.(6/!NX'G#R%7]<$1'0=UM
M6COCD?@=W0=6J_2H_<SV@J.[I7H**(%8#V][`&'-!5W?PVRY.7Y"OYG+/.2D
MAUWD;;U5+8S+WE?KUZ;$=5%="Y=>UU-P_TYM%P5#E`J:[JS?1W;'J(M'2B9\
MCP5W?"]J/@OJIH<-+>S9)]>9IR8[8#$&?!]Y<N`_.P7I1KP0N=[4J.0,6?#<
MDQ=B!RS5,#;&'HC[8NJ<VGLF#:*`HFY!F&6-Y%!JV;-(L)46@/MUS[G(#\K.
MEW=NA$["V,-+A-"G_?<T9K\@^.FCN3/>31^T.6$PJP/(E$=[[.4WECDW[52_
M]#40&G4*ANV,,E'[@\Z="KJX9`X2R$,+D!A?B1^#^H]`@W5]DB`UTF>QN0G]
M$--8=FF'N3LL8XK[@S@S5UL\F[K&RJ%ISHN[?/KC:BW,<E9"+^,XX'?4[#6&
ME1@KI`Z'R#OQZ&"ZEV,_^([^XQEL:"`"+)S4*^!CHTY.-1_D^T&4W.>*Q@Y?
M,IGO!$#"7%V8&XN%='%P[Q&.=67!.H>=,3Y5[\WO?[/\#X;Y\K>9_P%_7"B>
MO[3(;_^#JY]K%N@4[RTR]3_,-1=TBG/?6;Q7>^\&B_B3B>/[SOQ]GWYF`1<[
M?Z;MC=ZK7?C@?Y1HY2GL.%H<?SZ?:G/36KY_-.=`VU_)JW+OS#6;?N_<`VGP
M7NTLV&/GKVS%"4`O>BUNZGTG?@-J=TI7?:^DX*AHMJ%D((G[^!57C#;UZZ+,
MP?L%Y^Y4<NKB0WZYNKU4GC5/`8E)X)X8BA=,%@ZQX2/'54R;=J&RX(=_!::+
M(GT*W$O1E!<-?@-N[$SAT1FZZQS7.\.?-=?`A@V9K\"B_R1P-=\I\0MUQZ'L
M#EXY#2QKJ;P"&U2(IC_C`\`./9):F0+^.=R4!]O!;R@+UP'!XM$WP#7WIDOZ
M9LN"%\(Z+OE7`)IV]-8<JO:$)(/<7%M&0%.TN,7O*J#8.6#3#C+XU0,1VAG*
M4WP'C_)B&BM+4>#C;_B-\$CQ`@FH86G33;TYA,Z4]IMZ5P&%_G_V_K6Y;21)
M&X8_/V_$\Q\J9F9WU!&4FB"ID_O>C9!ENT?W8[>]EMH3\ZD#!(H4UB#`QD&R
MYM>_E54X$B!%$`6P`.1$S(PLD4#5E5EYKLSK%CGTLT.8Z.&:]S_UU?J7OVH7
MXU^TV8@PU7H]$I2%',89XZ@5.Z0&8RC=(4*W`A3POG^YWG?"%16Y#]?0?(Q]
M)_2"D62F2-YU"ZKO943TI6XQGXF(.`%[N>7[]$SR6Q\>P=M=K6WV+O842K_[
MQ-17^A*XD/'>PM-#DS/<W(L/F!%IRY`QFIL6M0)@[$\.%?#Q,QF?M*AI&WQ[
M$:MALHSU,/MFI(B)*_A/[B;_\?[3@]PG2EX@LW/A\#&VO#R=2'ZV'X7V_\VI
M))M_V!%CNIX1\H5,QW"PM&GF8,E]UQGC'3LZHHR;F&>=LFX3YT+N$^,ERWUJ
M>G:9ZJ+LU#*YP<R[9:0T>%-<]KO@4=\0)&3!S$IJ@R)B0LUGAY.:<I?V1O*1
M.[%^2J4X"`D]"#QK'@;4C]0^27B=X6R[S$V";^6_QG"`3_*_"O:QV(<38;7D
MS;A`,X:,6MXS/(W]8QDR!0MJBST1A"%[:N&QMY[<#6>)]:CS#".$DBCH_D`,
M.R!FR/YK,1%,(^$)B_N35^();]=S;4;A)XL^;P<)+`3*O9X($"Z)$TBV`'%&
M\KICP70BL%S$AR2!VJ0+QODZF,!"A[#W"K-CFR)AZV%+E(PF6%*,UT//>(11
M5V+G"Z9K37C?')101L?!PI.3$2T+L'W6/=!9(*WU-8/*X.V*8>.4/04^85('
M.(K+0/$49EOY%C,?=(-;G/`Y&ZABN)XIGFHR#2F<A)QE5B15`^+[)ER&S,H`
MN0T>VHB_V``+AUG+?BCD+5LI(ZTO[JFPU4D^VF#,LO>9S+7D3;`!(R\$4X!W
MQ.%+6EFFR:!FM&'+/"\!HG.VZ3U=!]PX)<(FU2:R;4I@0LFD2F(F#2AX5R35
M)*\X,AK(AJJ$,Q99MY&A+?>]__?L"W,>76^I`Z636[0?/]Z2D\7/WW_6R5NJ
M>R/F6K#_8]*%:Q/X+P/VC,%L2#:>Y#[N)\E$\GAW.Q![[FNXG`F]>S71+G]A
M`M-E0H$Y]S;5Y2[)3*0O^VRB`]EAC5R47S_=W)*X[HS$183@^?S#93ZBJ(\B
M'YG4)@\>2%AFW5^<_N/]3+8,%ZI&<+D%<:9-VQA6G,J:R;40]&<DRZ&9KSO^
M,_L8HP.WL<H>]MD(7"ZVQM&CNB^+_V]HOZ3VW(0KP_&54(:WEHA$?72+(;MZ
ME+MQEA1FNQ5%5!2'N0_7,,C1$R&'V#`1T0CVCUN&)_/2'4L?16&#:)WQD],H
M@DX<?A=CIPM.(0YG.88=<A,$&.N,W`@SSF>L0`*V+6ZQ^.'<AQ`90T(J)#8$
M/M(X5@*(GVR$<SLLP6'R@?DO8$MQ7&3;BWS#AGN:L5_9P:`1L>8ODH\QA#S=
MT">KT+$,:\TV3Z-[=K%1[UNGQ3^.R,KU`X8#XYB4'21+>S#U83PL9$")SC!8
MZX(;@65=L%>%Y.-!5<IYARTGS[Q,HC,Y\P%L!S#SDC#7G+(E4W8`329&OUK,
M.O=,PMCN__,8_AZ$A47^F=O-?@/1H9O57#?(6^9=98T;V*IL%.4^[BZQW25;
M80O)#V0J0I-MV<IG`R%GK,4B$<>1ZF,.B<_]/R%]+7`C?0B^@P.>"JC('^8!
ME\@)EBTA+%>T`,Z+_IPY!+YIP,T-6W_V$P=J!4MD_Q79%1,<;D-$@T36F$C6
M;(;.O6(]8&Z;[P<\5</]2O%24]1"RK8A+?\[D<Z]!O-,&7*2G\I=:T\RZB,1
MB&"J":I5.%UE)ZZ@:0\CWPI4$N0'YB`VD_!]$U%8R3YF>LIUVW?C@YH$JRS'
MM)XL?D#2K3%"<8W'52^P,F,'8+:7C"459*HRX.\B_LHC9<"3\ZBD1KQ)9%A,
MD;+,OB=WEM.'0^B/FT0C;@O(162A6S;$_IA^E1SQ-IF%R/!BQHDIB@:HP'BU
M9D`)<<I_EX5.>%>2#YM7AF4CS+K!7I(!]7T(DQF\@@,$?*QN@,$*Z3G.*CS"
M(523XSH9^W%SI=%!T#.*A7F]C#<\KN-HP#%C)F#H<]=#T$LVAC<.A%6I;L>N
M#F,<T"#I+Y)U%]2>9`.#*U&.K^0]AG(?!Y&);=;`+1-:SQ[XS^3&D*UN+284
MF84D/1K<'$]9$:]'RXY92G+,%09[D,F%"(U(QASJP<`8)4N>A1!^%G?&Y&\D
M]8@8@Z5.L-R79-B5.;)"!2QXIL9:S4//3\H&;+B#2A:4UZC`P`^AALL*#L1S
M>-U+X%G?F<Q@#PK9VN%7T4F1?`8WSMT-H\VIW%?<?[SY\D4R-X%A+ED:218R
M)25(];9<,U)Y?=2*N_WCE(7(HF2?:'><<FLPTF'O``_4SR:%DX">,)E32PW"
M?580<J$@#-_-Q`W[5>(4^[N]8LD698F//;?,4Z9KEY%4%C%3D;&4^_(D:"NY
M8(-8R8WIQ(B,LM[@M&0L1@."KC'"D_$OJ5EIIF73R=^U7T#PII\1#H]P@*.H
M"63DGWDIZ<I]$K&^!36A>V*4BH95<#\A"@8R'U?DI/DT;/(;^U:^S$\HX/%5
MG,BX=T-@+\ERG[RS0,<(;R:IX%OP\E?##OVHCI!K);@W8L8?A_LSRP:RG2/9
MN:6$:MG:_YLDRO0QV<>(?#I[=_;QC-'B+%-M>7T^/H,RZ#B,O]*_)]4-$&#G
M1SHNL'@MQ+\]*,_^QE;`<$\3$Y!*`/$G.RTH/?(O)>(O.\#*#]RC1\%O9-]T
MO=.UYRX@8,A<P:B:$QQ1N(?`SB*OQW:C\YRD"A[U)TYA,J?4@;R..-J[CD.G
M0DB,`AG>C-(CPDF/Q1>OU;:D9Z=R+I_D(.(_F1(@WRRP0"S9E@,[H8F8Y''A
M3,1:!#/.R`U7Y9_TC*$SU;@[I8W22P`B3TW-+`7H#\908N1C$I;OM,47M];A
M;'3C\YM))+J_])(1SF55["8D+J`P-Y.5BR5LUEQ\1P//M82*;2C8G015?4(9
M8=P7YL;]S#ZN+R&T&BG(C?7D##BYZ[F5^[A'?0UU(==<``B#IE@V(=EO!HM3
M=D!'A_""K7-!_D+^-S3Y3<(T-E[&,%`QDI!4;#>ZCO/),AXM*"V!.&5$8L-E
MVMX0UH)/11=0*ZI:C>.*S*37;9=I&!+H/R+>E:S"?6;+4G,IE)%'U_H+6\T3
M%]>^J,1G"PD=N+W)$U=L'4OJ\+^G9:K<C`5QSPP0)H&X3Y.BYU';H@N!1)0N
MA)?%YWG#.WG];.=KGD#NB.]944N`Y!25XF?Z4#E%;M:>94<5E+-1LABV0,DZ
MA-?XZ@S,^'YT&IS99**TX)6SDO.H<P'V>X+^`]O%KQ'ZGS?0'S'/A+$9=QWT
M-=R#@EIN9@J^*E#>`X2/Y"8ZIU]LQJC0]Y/0Q2)*[;KI[2%IE4['CQ\4+FM(
MCGYBQ:FX(9`<KC@"DZ10V$%]H#\8QPK[1_BW</.**^BXUIJ7C7N1JR1Y??_0
M/<_RHR#-Z3]<9GRYLG7^_=KUV(&.NR'PDFYKM89\'U,+$.AAXHGFY6?FWIF;
MN4L0WST3<CF.3)R1S/6^F)^C\O74G8BB"KYK@VB0G",JAI]U*%<2`2R@7)K8
M[+;@`),&?'C=>8$DBG"^-^U)'>JX0-BS[0+'I[EP(:2M@"=@TM!?[AXKN(,K
MD2SF5UHIW%B/:VU73"M'%3;,UV=/<:`6+!(+(_+H/H/Z'F5,E6BQSQ9CK?AA
M0D/ZE"]-LAR!JQDWW.*FQ.-7)/S\^T2O\=`V(Z>8P&8]"'/JT=>$YHFW'.T@
M;RCPOBOQ48HT*ZA-YD7#6)`7$49U^._BB@.HH(.>)?SPN$GCJA%8JX]D8;O/
MPI(HS9#SVD^+BZHEC;TL.Q/SX04GW!]SW`#<?-DG#/B%`17WT>`E@'%I,LBO
M$;&8T>B\C&!UD01AZS8,7I:XA"!0D.=>6*BXM>,29CEQKH,G1`_DR2:8'P)9
M*!B('O^B\T>8$0IJ-]G9$=(UX4`(8X?`,TEB%,Z20/F[XSYS8SFF?H3DB$>'
MV!/86><?%H<\R[IRE18C!Q")K8)S?#CW+=/2Q:5U$"N0!97[RI>J%/]?IDBM
MQ<MNHA_<FL)R'D$,;JZ5_S/;DD+\';[_Q@K8PHPM'/$/JIM_,F,0^M60C]#=
MB-PPEXQ+E9JL?NS6%'?9"P^)OY.5`R+-`)STF(6!\?&7Z(;@*`E4C;A%4N!O
M?BD3=`N4;3.U1;DKQETRIIW@0@J(_AA1$%QQU?0V^6Y``S,O;LHJ^?RLV'J8
MBQE5H(DB_Z@J<PW>#Z3+P1"#7]QX*]?YGB)`%KK!58^(;EB.%7"YP;<(TAG4
MN.7QW#P#>SI._3UW'2?C8RDNBL#$=_G')^<D7$=JC_GB<<9?)SFYSX5S<AN!
M@J);1"5[FZL9;9#);^!V0+HO?AM7`,FAB+4D7PYP3O#L9N\TP(=\<0V#&0(O
M5(>.'G!!8P&3NYB0<T+ND[/ES:%-7&P1\%JLJ`*3_S6R=?B=#)<KP?AF,*AN
M(%3@!N"!\&8>9!5-TQ`+BX!F"WD"6[R<JJ`N_B87N=E$-E\S$R_9,-!<=AXD
MZ=5B)J>:G1ZP<Y]HQF:0C--%,S`EK64@,@27;IE&?7;$?:]%F(D`\XU"@R@P
M-2&PPKEE?[:*!$R.G:EOZ';V.`O+DW$^Y)GX1W@9@1EY!N()66F1AUTN1&)O
MFV(;I`?/7AG1K"M@`Y_[Z7'+-?$=4:&0_E+L6+1M2Y^2=A?DM_6YY0[J\!14
M(YQW,+9AG_'];U=D`KT@U62[S)*?H^Y9F3:SE5IYY=N`)9TZ/PGE`4^!EG._
M.^[<I]Z3&.RU#@,_W_?R*]R<A.`%M!;SXX:1+YE^B75:AJ4M[9,A.B_)C_^P
M&`&8!G_YR%Q".S\9,?Z,6#+_P/25QGR%=K07DXO-3FO-H92G1CRGZ3,[L":C
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MZI/^(NAXOD^[YJT-PK^NYG`J_T&9+P'>1G'&??R(>[9RZ'B0HU3\2[9V:NA^
ML,T:N;%M]QER/_"RKQ28A/JYLPZ<D8PWVDV8LI&=X_'E>3SAX`"T,U8NN,KO
MHRR#F:2R(P:NWLI?<!YHVL1\2/8,,O%KTN$LX_=ESM1MXL4")<+L;!-J6TN8
M4R`>$Z^O<H_X>^ZS?K0H>XC/K#PGV*&',^3;;9AIA4DJT\O<)(I7@4YIP@>'
M1:]-__[9^=U9ZY8IQF4=HN,`N`U4W_^`EF_W:\9"F];NX8=I*T8%9S7?$7V?
M?6_,&^3&?"*=TGA!8LG*-=Q^O^>HP*Z_N*`/#-V^#^=0/>BGTW9D^O^33:J(
M%G?9";V?%_=T#75=-+9`WK[P@7BWD'-UO9?/BRW;^0`!W6B$\FMS\"ZUXJB5
MRTEQ'N&K%#DN!4%R6TOG5]Y&$_X*XP+5P;@XR>6ZX-X='V(%@"KXP1?362'P
M<WRDMEN8GUR'OHCHQ)Z3*"^U$@_XJDM[YE8U?Z'0LS6'JF:>M'4RJ`(Q&ZTP
M7N9"4X]J$G66MAN/26&8S&1\=5D7D8R+I@`LO]&`S_"#A$8<B'H%E<*XF-.K
M`IOLN4F9O%+-;V8^R)I"O^0MY_<5#(IS8XY\4G:%N>59=UOQ*#@5YY<7Q<'J
M[9^4:DPAG%'C9?N(7'F),KFV":Q^5Q1((2TS*0ZFE",^6D\M53?J=X^M;#X+
M.RF90EE0:"UD9>0D>KD\.6X"\+5(48-R0X6C7/`"I^?7LMAI&ZW5XJ3Z3GP+
MI[[@@VJ%A&1GJ/2K;CD08;N+ZB[O'#';WEVM/?HHIGFDX_IJ5<?L,!2B)N4T
MO4?7/E4+3G;!X#H:[(U1/ZDP^1P&GQ<"IH9H_$H,H`4"%]SQB31=O2>TC=%1
M5@&;:E'P5T@Z+404"G'I9D!NCI"Z38=%PD+XHU$2`KR-$>\+KQ%F8ILG9N,$
M;8/43&-,4+@+QE"J0(=A,D\+D:."\]LX@8\LU5^?:JVVX34M!+NTABJ9E9'B
MG2=9(>94S$=U1FI7M($/I5WE&M`6R5D,8_7%,"Z6T/>4MDHIY6(U0Z&8H5D:
MIS557ZDPCL#A]D4I$;-]N3.:T02?'=%/VLPVDZQCMYG4^N,C=(8N`?F6&6?,
M]N8-0L6?W_^()EMM(]ZWN_>O0%Z(29W.9KDBJ\.!R!_.S_%%LO?B"EG'<"I$
M>:`1Z`9O%K:8LA,`]R6Z2O@!$DCLK\"V<;%@+3!VEE#Z0*Z/.MVO+'%:"':<
M:N>767YX;2=YJJ>QJ`^>NQ*7]4*&T.>D;\=;/BY+?.X!.NB\_Q%XNIC!Y;W<
M!73E_\;.L<M'_T(?DIAV=>3QMNW/BH&!HE'9X)Y2AKF![E\_>/%GMDY7B*GH
M3E*0D>N\7%3\/I*,9N;O-:[43#+HE)5\3R:"+^0N>$-V[(AQ\GLZ&?TD;FH!
M>P)U;C[?WC$N!4L0LKFQ.H4>;$VP3[$>H2`C&MC*?F!%29`XN<ZUG[B\'`>5
M;SS+9\SX+@0]*7S6IH`J^F[[`G7H-O;GJ-\HLR_9-[XP6PRH$$UEYTE']XO.
M[T$W<*US5DS(CPN!YIKKSH,0`_;92;4V4^.!)V9W_P;W(&FPDP/VO]N<:F6V
M-BX"<TH[T9UQU7CU.GVV;@-N\$>98\KT'I>K3M2Y+JFAWZT"9P6OANUCDP[[
M0I<*]&B]7YD\=,)ZP;W6(/W]_DLXMRTC`G1?``MF_&R6Y,2*4$CGR<.E4L$8
MGDP+&=IJE#]&35UL3,"5(6DE5-L+%,N>F!BBW'=,5L:,GJ*;T'P=5FQE[&3:
M@H%_6KPN7+5R[ETTZI4)Y4PI5<5:IJTK+ICJ6D%,E2_@>*S96C*W[S7BYP5'
MY;SVU9KVZSS++YQ6$"C'D":%JLZM-"JD*#7MO"!36JVQ/*3<JID[4\U'I\\+
MSEB3Z:&,UPHFSF^B5"<*F'UVDF8`&5,AX^Y"N:,`[?T/XY$WZ91A(&XZE#QR
MSK@^7(6@PLUMWD0.^D,?LLW:%.(7ON`ZB;69J02-G\L@_-WQHNACRFFQ_?4*
M\0L.YJF6"V/5)E#!LH^"?DVXAN<E79MREX7S2]@,P?FI4\0VF$GU`Z_'0CC@
M\\XB]EZ)T=H;C09NHT[5PJ>NM]%D:^=_^>\OE_^Z^J1-WF5#;,VLN0M%J_M?
MBVE3F!9[3C69ZVNV=K5:<J]^L8URB=OS@J/;9,WJUCS;T>MC>U=BM97@1>^V
MT<H+1<J4VREOQ6JZ\T(HHI#W:+(2:UO'H>K/OW,VK+RO27O3;0S\V7NO>V!X
MB,5UI1'H12&`<*IE+4IE\!0D-JGUYIUK<+M<F'+O'?.=&#<CP0J]T*#61)N=
M:I/3J?9_?M[ZNO+X'I1$&R\W!K/2?-X5^];U@\HM=]JN:;@H.,AQ*]B2"&+Y
M%K<&D"3%."^*><+)=%J(=&V-;=X'KO$=FCXSZT/8T$(C06*P+$NV1Z7!X0TI
M+XKMC";7A7MZ<I:<A^&+%U&1/_S^46<?N8-YQ6:-K=W]]B&SMVS2S.<O^,M_
M9W:U?07YE?(;H%_T%S[/I&)0:M?YD:/G+HJ9K:MQ@1NS>\COCEG")L_''=CJ
MM'T14<R(%?=;V-7^J?:R9+[H.,><WDQJ__7*B+A,[?>UZ_`2">^CQ4Z/R(W&
MF?$F8C,7)8FC3804@D`!^5@U))A,FOBB6\R3N-77,`;F%<8M6*1332LV^FY"
MUJ:U<4FU)*]*2>C58*#PLM@JI]CN>>\5YC?VE<:S$#XO.$-_=)TE]%``CZ>)
M=/QE(7\RN2J0<.>J\ANXU?U'R%^S_P-B/[$CPH.\M[KGO7`I63T3LG7M!=OJ
M\JJ0^MEK027"%-B0?4?(D":YJ22(KI4+M[(E;=H@8CP'3":-0YIK(%PRJD&.
M*7\Y^\M_P^"(:&X$_,A/;SQ&8\['49["Y%Y][=,W\0_9<4^3<6Z44^#%7RX?
M]128\=^?+3-X?*-=P-\WQTFE+W:]-V]MW?C^RXJ]+_N5])$_!^;6IY^/*S_]
M?"QC-I5X^%\%`T2/XW.V"F-5B@,]=NTGOQTH':7>:QO:%ZUSK?K3^7<:04L[
M%_.1*N$CE9M^#CQDZ]<)]2'TF.`+8<(@'R7Y`WY&MMZ"U@5R=2>X.M&YG*M]
M=Q$\,T<<N;H<K9E"7/TSMV&V#\5ZW;K*6V/;1D>`?Y-$$6([](8/)RL);]=J
M[@KQBG!54@ZXU1PM%&9?L-=LFJ,'[VRS:B)>L,0M\SLO>U917Y9DW`O!PLPJ
M\\O_W6&LZU#SBT=75K@Z*MF*;:\*/L3F<EM@UNJW=/=H__\*$H50T42[G#;%
MP6GI8_5JFN@;<?%,"+&7R,L.`S_0^53E+Y[%'K<6`[9E^,S%@F9M4FQ?VMZ^
MY.'))Q7DKVA*`NVJ$/&)8R22("M9NCQ<D@A@9ES2%U<DF#9D0MG%F3W'B]R'
MWA.UF)O/A&Y4Y!N7?7.)IH?POH\6S&>!QJ"[3_%5L:RWF,1I%1-Y]/@MA)U_
M7L0'),K1P(7O]'P<,DJD/@ERZ::K;'B-K]$'M2*'`'N!T+*L;0+S9'*.@'TG
MSY?E88L]V!N'01[JR2PE__.B1,3Q7WUQ`Z'N]YMNU`8=2NZ(%F/B1\!E,U5@
M9>8510U[H1@,DESFVS#XS65;6#,CBA$<GB]S:E1B7T=7JF&%\/Y]AD:E?WB%
M#F6NR&9BHBH&2C/W#B)LF[_%5RV$\SMF.B\=L%MO_#)^KS^\CIG'V[Y;0LJK
M#"D+?E9<!*/"B8)2K&T,#:DC7E3%N"HS_FJ1'7]U8Q@>%8!MH7/53D8'G[RM
M9ZGH'^;N-DC?_I9RT_32E2\Y)75U54A)K>.XT6:L*).%TJ9G$#F+?C-W@\!=
MO9GQW\%P]=/R^.:!`3#^SV?QQ+EKF_%K85%OTH`DU+:0RS<$4",B8>HN2'(:
M2.;VS(ZA[NKO7OP=GO,&B@TL8PL>&1PRA9(UMSXN[/NZD5WOV-(3WY+E$YVL
M^,RIT[GN4Y.LQ"8+&SQP!>*-I9#5>B*<6PC6,&E,%IZ[(L$C)6OJ^6MJP!U.
M8-IX9V2M>X$%#K\3G)&'1_8EZ-XS(N!<D>=']C_1!^6ND:FS<+7FBH'H'B6.
M&Q`8J\@>0/0GW;)!R(WXRJ$R1G=>_E-?K7_YZ]5$N_S%)^ZS0S8?X;-%!BY[
MRL)F^V1?=7W)I&)X6,8CL0(RI[9%H7-5$46?/+NA;9+09RSDD+5GP1@'HO,%
MLX^Z'K&3,(@>\"VNTM-#(,#%*4$6*2]F/\"HMTA$CI6*'/)(V6O9XRU1W#A_
MR<+'(3)!-:_843+9GSPW7#[RC\!2V5/3VN9X6VPMNF`"3A/)+,!>=$8^9=[$
M3IP[#W2^/LZX.ML^4UH,*+:\X-'RS%-`^H7X;N@9U!^Q_4<E2VQONDT]\B<,
MLO?/R-TB_YN$RQ+N(HS1@2PIA.P5C"!L%9:S\.B?(?L58T?FD9G4S/$B(,:>
M:(O^*I03B9L[C%",[\S<PJ@%-2(;JV'OELR;OL4^K'LYCF`;7+DFA7HM`FU.
MECG"6KR"7?!:Q`([MD26U(%K'@P1P,;RA"G%!0V'\W]#D]_#!*X'K/3UVHX,
M5G@TC::Y^CS]ECN\[-^B0-Z'`^R'[(QM__1*?V&'RF5F);`IF)I\37+1-*W%
M@O)>1^DA],^D:[:F-'JY;@,ZZ^+6/[#"$JHCF67)S\$66</(P&AK^8]`"/(8
M7\+@7Q'L`YQC`LG%U^#!F6?Q`[6":>ML;?X681,]"`C-9%/QHZ%3_/`\YD)X
M(7\+EZ.NS^3C7"XO%%Y-Q9Y3N<C_"LOWJ&T)L?:YN#V/"IV4$R2)(HF0JJ5-
MA)7B9E>5.>]GY/<2(+/+TH.,]DP5KU0T<VJ<[W[!%C%W0_'._$F7C0:3ZZZW
MXB*IH&)3YF8*P(@B5?_FO,V$$E.7E!(;[A;YZ9-AQ3&DD4)/N$#\F[&O`'K$
MELB.#8PZ]]_L$"2A'?]D6S'([`#&]KC)_+1"BGT/&5-;I,0%;T^2;2J;:`E+
M3'[Y%FN=#,A<8YJ<V!14,]&%%2O8PQ>RB*<F#680Z2+WF>$$*SY=V7-G`,\8
M,,[[C&1>"J=ARXOY(^#OB9G*2;T,F=+-&JU\A1N+')%G9@00"`/Q(`Z8&N+>
M`'ER;::LV2J*/&%;JK."3295B1=3+8&3VV217^)Q8@HKFVGU'&`9>95*L5%B
M73%[Q`!KC2NF^%]G)%IES!;"*@-#>,YVGMY$X>390F]A_[&S[S->RYB%S&(A
M%&[VR3T0S`PZC5Z9,>5&N=4*@-C:^%K-R+8K5ZEFTKN'QW-X3H<]`22^,&LV
M/0/Q,#V1KMR"%`A%CTV@R;U1:&`ALQD5X(3-J7B]0%7DE1ETW+:'C[B>Y\YY
M7W[NKO#'R46SX,ZT<M"N91^SZ2O';),P.9.)E[N%:Q%M!YR94`QL?MP<-\:&
M'\%8@R7/R4DL5^B[)^X%;+$8XQ,WC4\</"XKB>,36.["QGPI6<>(:$Z!QW,<
MSHX8$!JL8[@9J/N/9,&4=>3^N+:[M,#A9*#%GE9`C4?'^C/D)Y)NH)415UEB
M<#/@F=J@J'([3P4?@!PO-?&>,F@GWE?V=6SO^E+8[(D?QIXHW"BY:`KK:=<I
M^CDU8M2/^'&O2"COQ&0K2E*09D^Z%\DNN8"6'07)KV!GMW-K!LFQ%LV6V/*C
MG^"7$)AE[KD123.=Z2:39B-%"R;,7"\;A!GQ\T5_,"D:AQ6#ES7W+D4L`4RT
M1\I-"1XM%;^$5SELE?!6L%->F*"4;/\F#K:95Z%K6S=`6K`WNWQ9S-``W<U@
M8&?:\".W*.2"R,TN^HS<.<2@'@320(Z!U((_9_UU]HU(:.?DN,[X&V0[=WG2
M&$CD]O`87+G/Q-_)`S>9%R:11Q\DE7#I^:/BG<*3)$?!-GVYO%C=$N5@R[$8
M,N!">,!"@`';0\[-L]GG@X)@2"*&)8IRBX+L7&9HGT10(@VBTM,3^B.-RR;V
MIS`)?NIV@BC9JMC-B.S8JESF'HD(_T9<?\VO\8-#RJ.Q?B!B#FD!-^/N#7?G
MC-R'<Z@J"D3L%(Y\=+C+DBW9AV6<#K8.YFG1-75,$3NW/%-(I7Q@/K:RX.1P
MSPIDVMQSOU,/@L\O:_#;[9>\S/!XU0C[L.O0S2>0)\F*AB=RO6A-P@T4^D*'
M;$^BWT:1)/'HFIE?`@ZF%A@;6J),#?XO#7CSHR_"3.FNGBSZ[&]&ND:Y$&C6
MWA32>OZR$T00.")O`K$)WW6$U>]'E0-I\"/R;..(+<@\6*1D-(5K$@<24REX
M1OX)$=/2Z*>>R^X`!02,0@?EQ&OL/UJ<M7FZ`GC8!,7BKMG.Z`_(<Y98SJF*
M?V1B@OT?!(G<9^IMLIX@$KR`YTD@390)2W)/.-*W3Y#]`!I;?O0]R490Y"Y!
MJH6MCD>[LZHFNRZN?IE7P9@SNA5._#6ED(PRZ4(/[8#PFAR?&T//.CNM+Q8(
M%`-*]-AO#5Z^P[X$$2X_8WIDW_AG"&(C$%(N=CO=A!)YMH9'/+O>=UAV!C8X
MPS%X(F4KFBB)T'AL=QBE4;%::#X47P\VC\^D81+7B?X",;QPS6\;B*]P$P?6
M!YGQ8.-0I<\S7;8,L!7%ESD7\8^,(L\Z931FQS'!FWQ!7T*(N1RFC?3C,WPQ
M.O)Z]$F1,'7<R(9-3U.R-.+*1=/C<7B>02TYAF)5Q8QY1GIN6$F1"DK5S6:,
MWM]4;:EUE_!?)..>P1\7:1H:!1E+3#1]R3!?`IF*R]BM"0E$4Q:N;;EPY.3B
MRA8@]X'OF#*%(C0RU4:2[6VYCX-:,LD+E)YGE[[CJ=PGGI$;)AR8MVC;-$ZI
MY\6!L!]X)@,TEC`PF#FX6&SPOA!&'F5.&QP:4*S,NH-4H<N<)>X]I@8'S%#A
M)02I`NBYKY/M^%;N\&0"G_*]GG:+!])M9S8UDAT->07$T9;:IE=\(*%:R^LR
M:WID<I_WZ>$WR2N,4D#S($8.5&94R0/Y%S$5F:Q#]I-?TN.AWLM!?D2.AMPG
MIROW1?-WV900D#GDV]U[80DS>]F#"@0P`TOX:D2`=L+&2Q?'GR+9O?)XZ%+X
MS-QR]B!5J(.G940I/:+S9E81M=?Q+6C72S(<4=77"B9_6'%Y738ILS-Y_LA,
M'FJ+`"Q3!5G;R8O+2'B.(I^V`).)YRG%.J)R<ZZ)^$?,?,0M+@$S<W:99`X-
M'29I[!=QR2SN9+RC[M3+NZJY/\8+AI66IY)X)C4I;>/)I"CI'&7A(C-WD<DR
M15%=03$_4YB7YM+TI'>9'\6YUX(XCNLPE<UK7B`0X%G^]PT5WTL5G8ZKB72T
M+*8I+B#RTN&<=#JL^;"%X<OU<!P&C)2N):X%Q0&$]#M^4E0F''KB)V,*F0/E
MBIP"/Q^9Z@80H;?O[OU\Z"RM/HW?EA3\,6?2VJCW88_EX9`@;2@9">=(E+&C
M0]=QB"CZE/PTJ0@BL>/(15UF#X\Z._(NI(S#N9B,R]?":TH<2DTA6'7C$7QF
MMCYK;=/3&R(F&OK"UX_0%K]CJH@!S&.[#U%R2X";"+6LJ!.Q,P%CEEH9ZVD;
M51)B1J'=Q.Z*=9X;W0F3[!,#_6[>WH_(UT_PO[?B?[^^)[:KQ[2]??>Y@2)=
M%8[AUA.6J>D1Q51.7#R4.6K%;V7/Q1FYA]-0RA#P3`B6`H69BG%7O"(R"F1Y
MO*HB96K'+;E"L.`F`2@NV09:LLI\;"RM'&>_M;Q<^(B'RQY?UA`D$^6"T2HS
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M2G]`,0+CP9,UX.B&?JJ??X(O2BZ-3#=E+=AJ7T8D8=?TSENNQ,JA2S>PN!?A
M9^:AP'V4>.TY6=CQ*$WV(/)J#G[]SUIQ2<3_?Z5_I\EMFTP2,#)`TI(V2_!$
M-)`O<\[TG$`2!1"9^#X[2<SYXPJ!7S_B0<)U6?_(6KS`WJW'EQDS7B8W<A()
M8%B>P3S?0.?)I#ZZ.G>Q9/DJY-@7SX6B]DX;03<;E=^+C9*+0DWI9BR;J>*5
M%004+%HF]8)BP#`-8(/:9L\"`RA)O97K:4:$V!#FCO0:H#9Y""/2W;(M')Y*
M2^Y\YM-@KX%2"!=D41%@,4&Y<B$>$Z<,F6LQ(M_I2T[+\B2:N.^U+<L'U>D9
M>F6D2W1/DR^.WYG,W(=)*T0R7Q!V`E?^DN-FQB.-74"H2<N&3,0=Z=36B]+:
M/'8F[@*XY;O?_*"PA#)`Z[;OQB8&3_EF*X09DUE>7*F;;2`-0&R0.Q^=RQ4.
MP^K7T'`CJI%DJ_BP*?9EAT>%19_9*,](@PZ&,H.=!REE2&'X<'3G3#<S'N32
MF[<[XFP8WSS=O`*:L.0KI=)9'DL?O5E#D>&^[&7/Z/QDB1F)"W;ZP3)>\,"#
M9#?7BZC,*$?U%4,`\K:9FI.\U6A1X;CM8`_A!"6[(-SD]==@+45F(V.7N-8I
M,LE'I$!?,YH'%3TO"7RG*\LR;'I"YB_9TO2-]*+N1U'AI/A5<G0W=3'$N7>8
M79+!R8^;S770-CBD7T=R<X0\)'9>IRV%;V6&ZR(Y1)MG(;);HVQ)-FD1Y2,*
M?Q)7HWS#L^;`S(RIG^NRRK6"5N0'ZP<U3S_I0<BS09D132>I!/4?V4D]!6&;
MK<'YB?P#:LC84;YYTJ5)PVV!=G[#\I3)JU.8\3,BV4;%T!36$A1,&]/D/_+%
MIN:2\M7>9K(]V8_`;AB=$C"$R<#'?&0_U^EC(S1;OD989)(VZH9_/[MG>M#C
MQT;(T&4RUCZ).(^$'!7%JZ%CB:ZX<]<Q1:4A#'B"[TGV_\0JH&RQ$'KF$0(>
M(.818V;D@C$1Q502WA:47<?#ID6R%GY%^3"D7+TT*;GOU&F"Z[ETQ&;Z%:JO
M>3$D_<%`"/)!H-@H+B0O8QN8E_F6_2F^[RN[Q"'M%[3(M6]*-UBX^I>_ZPNV
M7-(^)06)9WLW8Y@)2!LW+$NZ5$"M`'<0^,TQ42K/$^!.[@92MN"QV#<B/IIQ
MH!]8-4DI@QLE.<86337C!RI?'WS[[CX.(XZR5<:P^R<7HN+\_IS/#B3EMRF9
MJ/"SOS&@V]^I$0U[B\*^<(?@1_I<'J3-%R+ST&:<S?#3**>[U>SEUB0CN/`W
MH?"%V;2K6+WQ^[`\9\C^M=D50S*:>1(FE0#,U_M?:J1A;-A(4N7`^Q,("*CS
M",Z`C(M#1Y=`)36V_WCXE%<Y)9=TMU=2L//U_]&7S7.2.X?I08DAA[/[%-WR
M2[(:W*C9+#^6[#%G-U)R7W_;L<O*IHQ&ZC0S9.VMS4X1>84!QS=I[;%AG&RT
M`>'>>=)=%4P\<1-=VWUO,?Y0]N&IWA`)<=F<P!;TNF7UDC.>DC^!D96U9S+K
M/B/_LPW#/'*\E44>OHU[Z>G'TUX3FT9"'#;4-[M\Y.]<%OIV2([K<;T?WWW9
M?HY&@D%R?7V2[B"OW&Q-T>#9#M#$</.BY+I_KJM)UD#8>'?"G=/N11[V\"=A
MJ*.HR(`?,N,=1R1M!\WY)`ONO6N;\@*5VUS(QE_P&SMZ?-^IBYDXGLQFN7_6
MU^Q/H`B\Y+9D//1Y$Y(O(>-!.'#YCWR$FI?TCX1C#>U^X8!FZE/%1,I.ZPH>
M4(_&O4"^(HS2MT;,8OP'FF4Q+\]B66GF2V6QR,:3WAR5;RE3N;5.N<<'[C$V
MN&>=88WL;M<I]V0_PBNFLG_DP=&(>S)5\Q;G'I&,^2$J6W-!WI#&-G@F-.3H
MR>#`R(9]9G][M#)%'-P53:)R#=SQ@Q<$=!79!)+U38D"T<!3W$>7]%'6"UF4
M$>NY^%NG98_8FI?;VD9P.)</$@<KOJ2?'5@E[A%$Y97<]E]DXE91(5,\7PN*
M)OB`+?'`,T(^Y).!D)>A'O=YY3*WV(`PU?)]>#>OX(MK)9L]P[A):;]L1E=R
MSUJ%=@#EK&7M'8M;W0Y+>=NRHB7ZZ>W]QJTAR']%G;`9683T$^E@Z24J?I*F
MW)G/788Z7"ZAO+I+7/B%Q7YZ>W?#3`5O?1:'C#QJ<W9BFSHC^[#G%GO72]IT
M[1!7^1+`ZOU.)*-9UJJEMQ*5"=1804.Z=&4UE'9HMSR-[\Q+=V:D.XND3A+`
M)^YS>F)]YIA2S_\YDCX>/T(;X@!*>D0O2'YL>&[96LU#ST]RSS`:`V($EK@,
M%?$M%)039HWXL`@(0"VX/"FIQXV3X#X_>Y*MR%VXQ$U-HY*\3<42E;**'K@;
M]^L]("K_JH!EJ8/MM075!>^"0GFMC)"^T;/T-%09783+70R+`U,@9G9(;+"^
M8]0YX/`/7H`ENW^W:+<:<(1XY<<S+"]J>@W]T*.:I%@Z%Z&`E84P"(%A(%IQ
ML8]F2+2IHS]L2K^TTM3>P?4)PJ(`-_9O=O(^6]IK+"[9YF4'1JB;74S*>RSD
M+XPX[J8I$-7)>]DK`MDCENG0O%GA#-F8.-/SRFKVTX,[E5^6HG+1?)4G2@V;
MTC!XINIALQ5HDK??U6Q:79VA7:5/C*K')A>RFR_\/T+6\6!AYBB*EO)4Q!`9
M+Z6QS!*)R1A2>.:1',M*GMWB\Q<DS%;">&)>E6RUL(70Z94A*!\,>0`CDSF*
ME037K[G)'NF0"M[`?NWZHJH.>E$F=W0SDCT)7(D'I_DG5UQAL,6E:N2,[9R1
MZ>ZU!^R,/HFWS<$5IF5D1\64D"S?>=,%).%6$O+"Y"0/S+-9H_109OQT7M/C
M\&K[TP4TQX+/!E!+(0SB7GI_F?#]S?:V)5T*HQ6;>$DN`"KM]%+3C"HOMQ%-
M\;;D[?WXWA%<::1"[BS$%+;,Y;S,"KFMD+.'HPH5<.VV=1I)TH])@D!R#-#Z
M=V1^.Z(P(BZMSRR!.WY^KH<HLUXMWDD-3NX>?2?(C?!/DS(=\;UX4M>:W^[-
M-,V+)#D/UJ6Z=`N1"@G8N*)].Z<D'H+DJ%4VUSNXW(`89W[Z`(DA&)[9-SF6
MM-F&YC^EPV/RI1C9X&[I.#LQ1R#CYKY:2[EE6J*8OD;%",O`LWZ("+[DF-62
M+#UKHVU/Z6*C=KY)ZP`.6.9:4.PQY6KT\L4<T)$\EN:YKK*_E0@;*ZD'2P)Y
MY2!&R\EB%.TJ?ZM]H^61Z+L4"16V%]D1@HT(!A>5+XGDATM!IKG1JD%XJ8;N
MB($Z3!4QU+@F8FXK:)B`9L:!/D+CE*C)55(UR2-BR6O-Y'M1<^9X-&BRZUAR
M)G7WF34+W59VM2IN#2Q(0W7/@8N'`FZ/KM@&Y:()!!7-N=):)L"H=-TC8KKB
MKSNPCI57%@7+MID%8:4<GG"^Z(.<39B4E`J/!(6WUPD-3G=\=)VE*"EXQ]BT
MTXHCW0H[<;*+":.D,E='W'Z"=L]S=IQ#7G/MA][:#OW8M,I5>D3BE0MN7GH[
M+[3<%;'*>/F%YT>SA7*O\+*MV[8,`HM#*FEQ9\9"SEZ\**\;3K<@&4T!",08
M')_&&BV_/RA[87)A,IY.-^J5<VK0-QZI&=I9G*-Z>3_KA$2NKM!*^0OGU,NV
MJ()X1=3P"11<G`B.LBEI,7[TV=R:S\2#M8NQ**>J\ARY`.>0M/S-&R=BUIJ_
MSR9,:$/EE<`KKB+#Y+$PH>#"\M@'YN`"0AF2J;_P`E;FC"W@VG$:X(W5O2A9
M\$7M$V,]/C`%.F?P0M/H365#D#HDE;95UA7D0^8X\$D1DL\<I&SMK(0,MI2<
M[:XX*Z\M^YA_\,9HST2]#J]LZQO$2L'^N(O)_![Z^K_TTT^#.I]4/97)[/C*
MF^30U'X7Z.*F]=S[2VW#R/V+6X2=0MD2V)`;7RL+=V3WOV.H:?GEDEP15I5O
M\IY#\TS_6;EHBD'5?+87LZ$A8)>(@\RMSC0_L^4BE4`U8X*7P[GU6F$9^[P6
M5XS$2VF[V>)UH"WW">6BN>NRX8[[2'SPC`MF7]R=K)R'RH9-QX_?Y[K;QIF5
M6,D&,U]\V37;\6"S@X:"#:*L;:O&2=OU=E_O\#K?1_V)`BUI9)^ZVUIO;E8$
MP_U8DMR/A5I_OR029K!?GVT6RGY^N,V&*"2KL=)<RL;-:'_;U>B?7:_\=K0H
MU=^0>\(5.A7/VB66_/S%XTS/J\T.IK5EA_2<P,$UM<,1%[ND@K17;[L2UC6Q
M(Y=!"],5)#^?!]/W$8^%N1Z1H,S+0RXG7Q.(Y2),[K[V$HAQO/?U'&E^\L"S
M$UM)HK)RZ[?SM\-R5EXE^2K,OO*Y<*])7<GUIXW8?TI9;,<7(=E,5Z[99;[/
M)2^&)C`US1.]&S?N(J;>EVA[*-L0@0!V')0K,OQ+DGXI.T-)(WZ;^2O!*'?%
MTA7")1I<DK062CZP<AV+.9YQ#8+`D<`4%E^4B\2?S.<-1?,[/[_&;`"6%UI`
M$Q3KR3)Y'4/VDU%G[$?/#9>/[&$^A"L=&LANKP^[DOO$AB8N$5X7NC$A*J<S
M&NG%FFI$R9G>2+_J7&7)??:`I_[%*BE;XV/SB$R^!W"F?@CF%T"S^"@.#J'F
MZ.IC]D!*QC%JG@G]V;,OAGO>?)9Z5A0\0]`JKC<)/&NY%.>`CR-E[`,9_[SL
M<9VT@Y<?>9.B/W96D/#9(>D8JR@7DDR8BO/@JU!4646C))@YLH1<C2AI\=/>
M\&GOE'B0*D_8S45O*%XZ(49#Z25=JFNAR=1JW$PW6[9F9:>V1C?$<JD>KZA$
M(,@7[S!J^PB3'D3XE9KYT2L"]"*6A"W!@H$9HAS`#:)+4>(*/DPZR&;?X@A8
MK**$'@M]?N.6LT2NPJY,O24VH5Q<,Q:FX)Y@T]SKMO%SEQXK@YF)&^-$>`?G
M1(MG%'>LE#,VPF:%Y)(KIZS(B2_D`3T?X39<Q'WIQ4?X2WQR,H]^CD=G;PRW
M2**HI2-AI$]GA''28*\D;,I0H#[L!`*^*7,T8$Q(9FHA[8+'_+R$&/EB>R;1
M[2B:A>-%`R62O`?<:X.P/TAN^&TTR3JAB9`1</.0WVIA]((GG<*<!!"+&4(S
MUR,5'&5"(2<&4JDB/]-2YF)"SW(CN3=3<J==HE10/BH5R]X)$R&,/(!2IP7A
M0XY^&3$23X+9&*(0U1K.F3_%W$%0^='H*=[.+.V]*0KJ>%"\.!\JVS@_?G`2
MIMD<$=[`I.T=L^O*H]QBJ850CV@&PH-4X@:`*,"-2BY%9WXNV_E/HW@&$-PU
MCS1&(=P055'QVGMP>>&JHKA7$#];C^X4QLHA>WMV3J%[CY\M)OYM<QA.`S)5
MW%<'I9E.Y!$+C*D*&\CLDNU;>A2.WXW?`B?-)W!?DF1DGIR.F:\XEE[TP@@D
M/0F9T%KR<[.3324KFI0^26TR.R))@Q;(#TM^9;'O3+?MUYNT6$IB'P5FDKC>
MF[^.^7^B-UU+&U5?]O3_:/+A\A4'/\*ZS6TC_Y'28*-.=8=BP6B/Y#"*[F]V
M)Y7\!B#V6\MQ5V!JO__!A(:?&Z-!3I+[LN-?WKY_2/ZE_?(3^00JY8PT<T[%
M`B_E/D[:48S@P^.B^'&)K,>2$5?O+`^NKWP!,UUP<I)B>0<!P7=TH</,)\F]
MT\21R5O:&2[)LD>4O!2^@G!0^4>#)%X3CWUB9]"VTT+A764B^UV\B6YFY:;,
MB@I!C]]V$Q[$*U=_NFU];*8.F>DOF1/RI0)ZF8O*':%H1J4P&:&?3BC:1)R1
M+;=(,@\J:SRO[V@]WTCG^70]H\RK)1_^0JUI_*9,355FT$/M.PZM1G'X.DRX
MF\DI_T:4V[+7;(WFP&BGW"4;IKR%F*NY[YF"P:MT7)80Y)^?H(]128Z^:P)(
M[AF)Q1D?6"D_EYQPF.R8@NQ`2N+U1Y/.>=6WT,!>8<QYTL*4?7"/&>:CO.D1
M%259DJT($24S(Q,E6R157H@?6S;B&C+7W='<&2@1\=R`QEWJN!XRV9^LJ#6=
M'\Y=J(B)5([T(]5NH\YH;E$4DUR+H<(BS50:Q,N-Z-D8&2XT3DZV)BHSUWDK
M0PC(C\JVRZ$"P$@L23[(GJ=KQ!UWON:X[R5/M.EK$*;IMJ+91+IMA+:>NY<I
M1F0SIA`="7JH.035[@./.LO@45@)_Z3Z=[A.6;MJO\T-;]<AHM;T!>@=;7+3
M(NAF)\7IY&R:/K.YKEYR'P<4$?/6`OT[F*6&$3?]R6J7Y'"2>&:PZ?&Q8\D@
M8.FY!6@Y\E"ZA,017?,Y<MQ3'1$QJ!5<2K8NWC#66C!9(JI/N43=JD;(B<6O
M1_T4B1YFET17`?/B4KX'V2?&3%D)>B1GDG1I5HW?[O:^@YZ*$8Y*..)4O#`$
M$Z(Q,O'Y;4]\@MR#],'%&QZUFPG(Z)GP`ZC=T`>F8FN"[H=NZ.<+O(4;EQM/
MY`'#[=K0B/`&^:*OEQGR*K-HM'A<N9"T.[&Z6?K</N]Q9V)[[3TW1(MC#S-F
MJD<EM\VC'I\>;F0&X29M5T4L(+EO'/?LAH&5F<DNHOY--`I?E#QN8P)DK%!%
MS7R^^MJUA8R#QM:YHC:(18AA$TFP)K=*P<+=E(#E!LAS8E=5LD!"._[)MFKL
MN/8&HZ0D7WPVRMY`7'Q$?!A0%*$4R7AQJI[A)GU4[9F+R\&P[R@ZRQ/.2=^F
M531'4!3`KGB5GFX"`T.Z)HHK)^_)\:A';2NJ<"UA1-M2B3`/.3\L*L;UQ1T$
MN`FSX"W:DY.9A`'_X3ZS@^9%D&?[O'O)!7I><&Q%_0U$9T?9TYT^N+E^`V("
M`2]$SK>C%#6[S!`;1<Y<SFM+1"ROS1&K=6-="15X<YIJQ#*'KC9-Q_(H^I6'
MO=/>"XN%""W/7^)`=F1X9B]PZ03^Q,._L8P6G15&(%63P8Y1`B/6`UG5Q#NG
MKRUVP@%1KJCDDKHT.I/^,^V&P70++Z0&JVTGK7Y.9:1RH>M]/?'T[$8QFHYK
M/OV,W.;LG@Y:DWGIFC]N&X$M[H)\CW-'4?XP+3;W_7"5UIG'QRWN(;BE4Q@T
MP_;]N&M7'.UDKLT\5DK2`^3IF123:?+CY#.5?^)Z6PR)N,Z6%3"BGI&KU.33
MF<MP_`NREW\?R\'"G+.H-,S4`SWNR4K6X=RV_,=,TU82778D)_1L>0;M\'2;
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MI8=+>I(P%-.K<L7X^3!1/`*-'2:XNI*8_INW9<"8-@S=%W73XI8:GRV^_<EI
MRZZ4VHE9GI.[X*BEGT[N'$1<P.5G=&LK_XJ(8V3'2G+#?$1A<BS2(A>I2X42
MY0=[?D;>)>[`/81LZEICVMEE<5-MRJIW^1!4=#T!TM%B#DQ\QR+*4$;>$!1K
MI8G>M>L%"]>VW.@6UT94*\UAPA.<D`<\N$L4.R:\GHR;`LE\>&'I<5'&+\;P
M)G;ZBHJ\)#L;@6?-0Y%!9U^3R\V\@RZ_SIML+1I(FU\N=,JS[.*.+5%MQ4,'
MT;D3Q5EQL(K;<Z/X_,97%GG@F(?K_*RAFK%6,H9RW`(VSJ[XQ7"BZ5(_O5JD
MY^KLXCI`)ZT?[%8I4SD[&V<P:5ER!U8>2_U:9HE6S>-.CWO8'QXW@\,;PS!Y
M3V4FP47"!-)T&R.XHF_#">"=@<%WX5,U(V;E#4Y,+ATBB>&#:@2>Y&6'Z7U,
M.,=G8DYCZACQ)$`4-6>+@"9OR7JS5FP4@]QHI@G5CU$:%+P+T^+39227N@M[
M+7BFM'`D0S\WFRG91-PH)DCE2M;C=3@*IW'I;M;[V.R5$KD"8L<;0&7QR=4.
M92^I)AUATKXM_.JV%SL-=+6V/-YP/./K]4!UF\D<#+GL$`/[U?*_]T$\E)GN
MF<M_-'AT3==VER*WNO52`HD#_I8H0(_;P_B9F=V%]ETE%ZKS!R#C`F]4G+-3
M%]?IQH(GUP"`6PUIU_VX-T&^Z(J9'O`0R0R2E@X+J167=FT!(E-;C!<[Y#XQ
M8J8<P&`3"=7!X_40JLKW@P86*2U12:O2-WM:\>Y9D;6;9^G(ZO)=DHR&+CDS
MX,5!\2B8;G(1F(OF;E%L<0L')AHWLS21`UHQ#6^)FM%(S85.HGW+-M(#Q0'!
M'.CJ+T1$E$OJ='CJ!J6*W+I91W8?=[9(:3>)Q1-SL:E\4R0:)&H<1&.I/((;
M<7(7]#?)B,UD4W4%A0_1E$?)B]7.)I(7.Q>+A0*EN#,`S"3+*3$O2H/'(X)@
M5AGDQ-CW8.Q;U+OC)A<E$,6B//91.JG,VFK/E=IR=S`D<PF],8,H-K[QL6P9
M@EBOZ&;*'$>/G@;ZCQR[)JPJ.WZ=,CY7T\IS_[5L?FJ0^:?739W4C&43B(9S
M!4)RLXI'P^;@OZ<.@;7(,#*A/Z+1B*4MGD1CV]0I0BM]@/I4\IZS<GOKQ$X]
M*WH-UX'Q9Z+V,P[TBON^IL5\C"UR.4D*P[W&C(98A(ZI@SI(>UCJ[&,O4(_@
M+K8]C7D*T/,!2HP<DY>%C\1)RQRF>-P8SW9!@R<>Q6)OL75KY4>MC^K?"E*R
M&.F?N@>7_KKM+]P'KO%=\HE\CH!A;.V'Q<YIX(%''1@RM^-LW?A^>F\\NE`_
MTD`_!5'XY]%H>NWFZ-.SN*(L2>5$N\CH@NP`GS)KV^=8<F]ZQ,YSTB;^!8+M
M[/P%D$;.3_$0==^\XH?"#Q"/A?FJ<(9R&1U8G%Q01#8P5Y2?G^\^(@DA-QM$
MR%V)[!$C@QUK]T$W.+]U6B+=-='"?.&&7O!(_@QU+Q`^#Y@-A:'AGAN/Z;8<
M*VH6J$/7?T?<EF6G$LS#&V_E.M]'_*7_<KWO4#T<U1K>I+TX1A'S&:F;S=2B
M],;/BZ@7XB.,*>-7D76;1G9K[@H"6'-\;[#U:+@!3P]"CT*1AL[T<;H1.?O<
M4S.-G6+'LTP.0IF**]H0FOFV1Y(E6`.V:715WXRO[@N_(^ZH(UGN1>-'A6B2
MG;KB*\Z(/EZ;9$"96,3*F?G"N70*,"HX3W(7M#$1652ZTC73>GST+926GD9#
M+-@YU"W&;[(3!'*?]R"YLLZ2S<Y60%>2]VS)CI5TSZA0VF$?G,%C.4RY0,7)
MKW$'EJZX8U6[-?W*QR/NM>&:')EV]BYV#EOR52R2522-;_S2+F+;!L/*77(\
M9C91+MD+W['3=F+]E*NB@?+'N/PI&D@!D9+BSM)Y4&)",:\V`,.)#X3E\4;1
M")SR.<HN<]K^#:T/3BQXXRINW!"](WGGP2^+@YMZ=#-#]MU2"*UFP8DRQGR^
M%=L3VY0H,O+YQ^)&,<D:D\I(/L=E#3660B:5;#:)X,*3GWXB[II&94_1U/7(
M/SYA?\MW:A.V2S82E6;^^5?RE7#@O_("KNC*4>YAW+S-Q,`DY^:>>15ID"M.
M*%DBKZ"+1PFO0H=W9[8S;:=$#B430]F]H=^X6(&+Z.PC\3\*5:/I_9Y=BVN@
MHU/;I4]&WMC>,6NP3,1)-DV$P(QZ<?BB7)KJGL-O^="5%:Y@?AQU0G&3A@L!
M^.'CS?ODH(U(=%!%\]*802*!P8DGKN+`/^$4"IE3:#&PW5GK3&_.JJKTED+X
MKUU5JK396-3S!H=H#ST_%[,>),\&BZ/"F9)EL2(^0BOJPI=T:(OK]HM-3K>;
M*T*!%*7"CHUGSRL[IFO=,N/%\$,3'5T_DI_I'[+'D1U!_D4QY)[_&%D&V8,J
M.1Y?".Y\YG=0Q3V'VD&=;EW^X?\4-7]OYJYM[NUKW&?"\;]GFVJ(Q$%'9.5V
M#;EP84@@/WGB$F\\#NK/$!I+1#>_LM<YTSFH_"[`[D;/N0+ZF,'D"L7,K6.N
M-C-5RMFP7E9,.#Q:"W=T8!OBAC:F_(>7\H]G9D:L']6(Y%@7VJ0)+LH-\(GO
MM(%1G?8IR_/Y2$RT9(PU]]SOC`NR=[FC=@!I_%/<KI:[OR6?I`AEODDZ<Z?8
M_MFTGN*?,S\&XE:K6`3TZJ/>*;]NLO;IF_B'K%B;C'-"*_#B+T="[5I<D<Q\
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M%1LT["&Y,VOW@!FK"F1YR]=&LZE6PQC<8_EU`DZ'R'%YX'P2MZ[B8H"XUQ:4
ML20%:#6P:T*-U%4.\L"[2V;=EQ3KJ8':<>)K6_`:_P<Y)1K[WY/)?TAU'[JH
MU+JL6UJ0_RB?1>5:MOHW&>T1N.`X9L=^J"%MI,GHKLK*/6781AUM1R687+,<
M*L]#SWC4?7[%:&4%T"WHN%F"#LI->4297EZCU5P.S;N2.Z4]D\#RP/J:FVE;
M@,D/U_+?>:*5V)>9-Z%^Z8!^04G?7PL9A:-XVEN/MX5'T=B6:,3P`0I'%([H
MNTL5(-7*%]0I2OB8N9[:B<J$%L5.YZH(4.@<6^A@'K^M@.$WW;.BB_U1*V,8
M-!&\P!7H:K66/9-:1XX97D[/,6:X3Z:=:5O(X$3M3S!TB`EV:0GVZ?E_D!/M
M`C/L*/7[ZR++S+"75SV5)=[5$#G],IHQU(=R;+AR#`5(QP1(5T-]M[LF:/-&
MKD,.]J'@0<&CN.#IHN4B47Q]>GN/\NE88;W)I$['``6EG\0"CO</8G1[SWS#
MUNK_NBK*)9ZN<PC;7<.]F/-K#-NA5$>KL^\RL60`,PK&`DK:!`3CY!HN#)ZC
M8$3!B(*Q[X(Q;K='=-%EB-C6`@:G.>2%ZIZ_4P8,54J>32'K>S9A4O)LBE(2
MI21*R9Y+28B&19/RT*'>4@8STZ`,!OUIF25LH1U8ISXU`M<CM^\^8T#V6`%9
MO)F]!9AWEL?8DWR!*DN,RV(,HC9*YU-0)O"_)^Q_4)E(`Y;/?T0-<BP-HM5I
MB:?>[:4&$GI\--Z[4+?).[K0F>FC"&#J:1+,\+T"T(P'LF=0F#_#0/:`A#Q>
M(AVF1$3;>B^QJ'';&@(UYV,4BR@642SV6RQB=J]Z+/MLPF3DY=DU.='.REHW
M#>\J`X\<;+G)@`&%8P442*T:8?5DMLR8-'8+W3^U&2.$<80B.'\;,UWPMZLI
M.?G;;%+4!<WT"RQYT99^@6BD]TF?H)'>)0G<5>&XI_@H=C1.K->+7=;K5>7-
MBZ_4D=[:>(LH_2/SGRK:#1F\_PR^TT'3M%U3BB_&!WAHR;>:L%-.M)^8H9)/
M"_%TVCS3[IA8CF&')B74#ZR5^,C<#0.R=@/HYJ;;Y`G:O/'Y)NS#A+E]A/W=
M<%<46D*!PR>FGY!G*W@D.A%6MK?6O>#EC#3B*G>.$A.@Q"?+7+N6PSMI)2X(
M@]NC)/2CQC>`[O-&?.9L3PQ_#J`97_(OTWJ*?\[\R#\3[RI%Q-;7/GT3__#+
M2O>6#)K`7;^9C/-D0).R_@[VBOG$`\DK"KZ6YYA_@+F-WZK.;>2&1#6*3?;F
MB//9(7IZ5H'G)H>PW*0"QVG:Y4%<?5GE'8WOXE([0!#'7]K/8:I.Z1UT1L\9
MQ=P6,:=#LU"4<"CA7I5P^S!O4<8URKQ?=6=923T7V&N?3:%@1<%:G3??48.N
MYM0C4VV$\A7E:Q?EZTE<4=$E&5NM[B!:U=P-`G=URC_SAD\IV?A+]+5CU"GL
M3Z\[A["'V54G]AY7C->@@()B?S+6IJJ)^X81+BJ(1A&&F(R(RSY0X]&Q_@RK
MU>6TJ**:!KZHU!I%_G?'G?O4>^*1UCMG'5:ZL]*>4FT8]I:5\(T(EE>J7NRD
M#@[<=1FQX-='U+Y;,A\W?+1*-\::-83O`?4?#:VD4J5(BQI7.D<KZHHU=H#5
M=-J:.D^8(&@RCB5/]G]T=<<G'C6H)6PA/2`+2!<^54T7*E_3)[&XM)+]HES]
MN3:ZT":J.78UE8<\=/+3Y\HG'JGE*T@+(\H#4=HXNLXDP"7>8X*KGMKE?Y"3
M5[JHH![M4CZH5R7J@]((I&S`'0E</I?4G=M1;:6JD;M>^"GH?:@C->5Z'\SY
M6(>>\:C[E!CN:F4%*^I4F_3;,UE]9/=@>EZI9^)15`%[X-)S0\>,7O'7#_P_
MQ],1=6^N=D@?R`/ME6Y8S5S2+.L,4'Y)$[4=:KLAZ9WA^0@HD#<Z.F8NG:$X
M1G&,XAC%,8ICC)>H([*J5>.H4V/S,6V\U8U"&Q1T*.A0T*%M=IS`\#=H9P'E
M*!;4>E(_(-#G(G@ACENQ;WK/9.6QI^G,QLK'AM4H'&%*'M*#.J^MQ4@PUHLT
M6R\"D]%/M`D6C&#T`8WR8VL"LJ5LL*R.1"WAAKX!^@8H.5%R8C@#11;&;=G3
M;CUJ6L&6$0HCXM``([<HZE#4H:CKM'4F46!^>GL_8(EX]*M]XW/U([3*5>\F
MDVQ[ZHVW5K+;!\4B#RP(RIZ2Z_%_D).+5Z8VH@K#``-:W?VVNN4)EII#<P<H
MBJ_X_%RX5#UY9:PX2F*4Q"B)41*W/Z=W@&)9.]-.)U=G8W(R/9NB6$:QC&(9
MQ;*D*"3QUQ[530Q2O"*">?G8-92/8;^ASH39/X5V8)WZU`A<C]R^^XPA]Z.%
MW-5OI:=<O/V=Y3'.)5^@5!H#[QCR:02Q\\O_..41'_8_J-<ZHM<^!X_40V5V
M+&5V=8[*[.#D,9_;_"[4;?*.+G1FH*DEH!54:IA-K@#6;/(?ISR7/,,,!H;*
M,%2&H3)T+(X3,9OR9/(,D\DHBE$4HRC&9+(:<GE\-F%R^>KLDLEE9;/)&X>L
M<:ECQ!>O+G9<O)I.KZN^57RE#AFU\18Z_I'YCUHLCQ=P]M1NFUS<J]GTR9'2
MM%TS@<^OJKY6?*4)T7BB_<1$8S[<PL-5\TS'5V(YAAV:E%`_L%;B(W,W#,C:
M#:#]DFZ3)^C+Q(==L`^3X)$2]G?#75%HW0*7(L4H#/)L!8]$)Z(ENK?6O>#E
MC.PZRQD*_QQ`YZ?D7Z;U%/^<^7$=X[()\$KWE@S0P%V_T::<C-%OQ*#4B,ML
MRZ&GY1+Y0$'&_YF=?RK^#L]Y8P5L@4:\$%CFFW'RSGOJ^`RX)^ANQ4"\9SNQ
M%I:ALU44A]26Q,C652`9%_"X;@2-\JT^,'[Q,_L+L_NS8'\D])GY$[%6.H>.
MK*CNAQZ%R1``$OSUUEVQ<_?RG_IJ_<M?KR;:Y2\^L7=.LRMMO%@`],`=BQT2
MR^>+LY)^1GPCQ08@9^0AOT,X/YNK9P\S=-L(;;[:^0OQPWG@L0=;SI(_./GJ
MEK>0A>>N^!]7HCE5\@7H396YR2R6D_Q5+WT86TXL&?AJ,E0@NMBW7#37'O6!
MXLFZZ(\U-9(9"VO]A8\*87S$9"I__YK1UF"BYL;?]MED?L_&!M)G6`YC-1X+
M$4\#L<BDI%_L0U5K<R/)G`>),TXCG3'2,]M+'@`82$%<<;#X7NT7X*("ST7,
MQ/@#>,*"O_FA'7!Y'S\9V%;RZG.<7#P(,"7&%JHE<(7>2><N9=?<<_GH2Q"0
M6P;NE$I'HC.>@H=YNTV',VY;R.6)S.L\NK"A8`16DAHGT"TN#-BN4PZ'CYJA
M$35>RA@D)F.?%[%NB'#RGWYF'TE-FU3BF98?,*Y/^,JGMDT]_V<@A66PGX2T
M3&5A!$[4VS?FX&TXK_07]HK%`@Y2+)Z93(>\8>9!P:-<-)DFA!?/:72N,ES$
M,3PCV>;_L/9(^'+JL]^!+GU^M-@G5JX7+/4E^Q1C0!L.)-O>VGX15I\?1)A$
M#XC.*"#_K'N@2C(XE4";LX!BT<N^X#$:QO^(5E["E/#KG$W[[(8VK$8NFB`2
M8169T\KV_\@D!*,J<%XB)\7YW(<Q1B!J060SXMB@PTS3`NQTVWX9$?9Q9YEN
MW:9+QB_4>;(\U^&G/MZ]T.DO\0LS)CAG*Q=4881*9*44H(2NE>%JS0DWBHAN
M\&_$^Y7,FQR]S&K*!1OCC1NFJ;,2DJ'"&(@#$^GSXGZWR4*3LL\QYTL("`:7
MX!M!JU?8-X^&6+]N,@`90^^WDW)?3#*NR2D`,1[OEY]\DZXI^Q]8.%O,;<I<
MKA.;XL^6;4._7>(P@>'[S/,#%M>?&'LXR1XCB\(%ZT-\K^\JN*8&EDMAIJ,E
M&V*\P7*Y+5#BV\A]^=Z>$G@O8J$%%TEG4G-?[R@2#F6^D>C;*\LMVM.1D4S*
M4K>H`$RZD6VN48G%;3$%D7X0`$LT]4B(8=$WRP_7:V8M`%7\Z+71T^S\0(3M
M/H>3/+KDT,5:M>QA<M%$UR(2;')A_?3V[H8QFK<NPEOKN3F9RV\#&9N=W!+3
M!I0CWZK)((B%1U+5-^)_SUXH&FT8GB,FBPHU%,)B*$OH":&2>2!WVAW)P#(5
MSR@-MT-`EHN]\W4E=J$-,M-CHLRG1NAEPD!Y6S"QA")11CT(YL-FV).8$.86
M:BK0V/&>)X^`G2_82V![7*(R^'EE),,L6F",MT_!\1%VJYYQRVS7CY95!K)`
M+C57FV)0N<]LF-W=9R?Q`B)[GS/C(^566E,'6/*#N?G)S4U@C]@&?0'=X#+O
M*?5E-G63T+DOA*<ES)"=M_*\.N.=N0XB+[)ARZRU6+$#7S'\G$B;,XUDK1ES
M1F<I$T_+'*O8".0'/?!"@X<JGBVY,#&0^'E;ZY8IF:DD$_0FIX`2I9YQ[$'Y
MR'UG5FQ'3J_<%PA+A1LJ<A_LY!"2^^PLWN4&54F_4[E+>)$<3-^(G;3"N0R]
M4@7/C'J'9!C#V<KLDD'=EY0O(R+\?Y!8D?0SHP'640`H"B8QZ<<_L\@A`#H9
MC`7)*&_$=K:!YNV^-%"3C]C+,C9I<YY[B36CM/2.XZ@)5Z<T<;TM+IKD:-9N
MIN;]F/-20)K1_O1J"$UF!,WOGZLI.?I^2$"N,;^U.1FQVKCD7]6'+5ZS'H'5
M6\+XQ_>P&H9RJT\D.8(Y4`]K7]W=0<XI.Q2'*,,]U9?D"II$&?9.I1P4O91L
M8K4CNKA,.31\*7G'KUYQKFE^PV8D1%?%(R2[^A@0/;ZZ[K2"E?OT1@.B'>29
M.K%:3JDTCJIL_$AV'H(<%`KL4_Q(?G15;:M4=L7&(39N)D3S%8,RQ[*@Y7+"
M0552W37']['#)8<_$Q&;*^E?2=Z==)<!0DY*1[;EWUMYI41=<C(OY0K!=E$Y
M6UI7>OLNB8(?2^?*?6O3D!84J63=K?1Q:.:V4W-);,GK[&E*7.ZSZ]I"W;B9
M^P%XX!OG@4^IV=+]*[@+YO>ZSSS.!`:;3[)7?8J,7U87)<JCH36)(=E<"+E3
MZ3^Z7G`*=CT[D,S&$C=D?N+J+%OL&YF3IKC81:'6&/Z1O_4+GI`'-8X>/'JN
M^Q:/B4B/C+UC#L5JSHS#J2;[<J?<QTW&VDSI!0(UI6]Y*O>))7.?$SFPI6D!
M/V[Q"]-.$+:^]NF;^(>LK)B,<Y)`@=X7^/2]GJY=7!S0("OZTGYOD-O>*^UI
MLFM`^^3R8IV\16BO2)'RJT(;?XE>6[4/C'A)'?UWQ6$LZ/VRQBA;=#RHD*]<
MG8#*>`<AS=_!N2J>^>,T8&NX.=T!S#O;P;MJM>_!I_=<A.V28!?7J0!C&K9,
M>L&O#Q1=%W5[HE607/\3NF#K\N(N"'%7%DV-H5"?2N<3CD-C*XR>WQ*E,@T-
M.D*D$C'3V$*JZZ7&EK)+AQ6H,VYV+='S]Q>DR"FJ<DJ;=F`S.*(E..2G]]@2
M5-B^N^&1>_*)9_,JSD:IOC-I-IO2EECEZ5)'@G)V`)`S]0W:\2$<4MD00G)M
M#L/-=.%5-H"%AHN:RK_+3T?#Y1B&"W3>O(,23*8@*LYU1;MEB]V25%=V`$_%
MM6&VJ3I:+^K3BU<PZG[QHJYB8EEU'-_J-B^IYY4ON\!$4Z>#3T=3YR@Q&EX&
MUP&=W`$;9]M\$^6P5%S.'X`C6C9'BLO$]T_1MJF'Y,[*VQJF30+.^0YPM.M<
MLO&0LK@]:'B]J:H;%B*$/<R&Z^.J\V:VHJ>IDL0V;8J3C_2)VD2K..WSB&9%
MP^"W:X9$\$^Z`/^L!?!;E.(1]-4FM_;:>.D1<7^C05"S@!J!/P3XTLL^^PXK
MWCPF!]I$U0JPVK&&MHX?%DY]R?6>8V9*&P*R0H3I0FNVI"YZ_G%$LI*(SYHM
M842TU2T9+1@U>TB48YHT2%%$_,B(-VK'J&.=?+!^4/-TI0<A;PZ9N1VOF,72
ML!U2Z?%U;(ON(#.K7O$V!%0D5P(>6U<C\HA,7=W7[%83S3K;I5FOKBM3[ZIN
M&'ZK5OW][/Z,/'B\`X!H-;R$MI319.4E=0QU*Z>KDTLB<'^K`DM1=7O`HA5U
MM\35GU\6F\)4(.L>JQ\$73<-CSUPF36V<DV[0II*H&E!1>U#U08=G]-Z6:%F
MC3+DFEYP#5*U&U2]N-9VK1_-X9KXW@=Q$_]5Z%AB?L+<=<QC%@,=-<1T9#NU
M5U*L,X;DZ'*R,W/>)^!5D_#5;'@9UI[$Q1=[E_KANH'WG)05"69>A;R*-F:?
M@6<2>CI!0[!!0_"#ZS&TG$PT%$W`XYB`D\E.EZ=/8D8E(_"B5P'B+@GW"[0`
MT0+L"*^B!7@DX"?78[3_&K3_8)B>RR=Z9@;*H@6(0<"AV'^3T7C6JWQREZ2[
MME.XHPV(-J!"S#H8\:P:\$Q$G^\4T6@%UD3XD^L%2WU)3^?LE90!!,/T^`"^
MP=XY.,06[*D\J&VN]107*7(2:]S4Q!ZQ452]MJ2\ISN5]P%7U.(O-:+`OU+?
MXAV9=9NL-I1Y[VXW8$Q'/>"5BNEH(^UB9]E`GX!7S5MKOXR_T9`.<HV"7(/`
MMR<KT?KKM/7GN,XI6H!H`0[+`CRO5ES48=15TR=H_B'7H)#L#/"[!27:?LK;
M?K?N:D4]H\3T0WL/[;VAV'N3:H5$'49=-052+<ZJO+V'%5P]YM7!B&;5@)]T
M*,+8P?(MWM`>:[>P=@MKMY2I'\+:K>-AC]@HJELQ@E,:P8FG1+*/F<2D\P`O
MXV$8IS,6@D30,6MW)`?MZA+#.!C&Z0BS#D8TJP;\]<Y>.6AJ*F]J?@X>J4?T
M3+A(+>LR>E@S$[:K6Z,UEH/6JY*$G35/U@:O-2A7U:8,62]:.*^-VM_G:']W
MW?[&PX#*"PF[,PT\Z]!4ARX_/7%/)KO<D\M9925R67>N_5;>>'`#W2:+K<-/
ME714.CJM_<C.R>6U:E,7CD_.PT?!'_>>S6AZKEH#906(66-*]K&O@UZW/Y@#
MV:6S[**HJ8[$/"C[.IK.=L8AJAKHB1EZOLL,O3Y@5G+\I49P^.0Z](6L=.\[
M#3+EE&I9H(,IQ)A-!M.>5Z52#-4D^V"2K#@&%PF+P+>H009BU7RAWIH&H6Z+
M"E.8_4K_#"'*AB;.T4=_#44TJ&3A3`<S;TTU@8P]8I!KT'[J#/"[(_P#,9]N
M=?^1&TT&_`"6TY-NJY>8'(S-=#FY'HH\4,EH0B'<">V'8:&>$A:!;TN##,2N
M>4<]9LD$UA,5]T*P:T@5@Z:G1[6VQ=%37+!K2(^Q1VP4K<0VNM>1ZS?7.;4<
M/_1X0P_4L*AA4<.J(>51PZ*&50`;M31L2_J[6\T2[IR`>M0/B*<'-*/%,>)_
MG(C_8`)E*L7[KU2[W:.VA,>`/Q+VU2X&5V5M#!#[5FZ@[P)^(!%_WBW<)X_4
M-LG"91O5;8HA"0Q)8$@"0Q*#PQZQ430DT<&@_WN\3J%$H$"U+GGJ:FR,SG3?
MI<$X`1(6@6]-?Z"55!/=CZ[N^,2C!K6>]+E-B1Z0A6YYY$FW0XHF$^96AF(R
M76IX`[43NA6-IIX2%H%O2YBAV83W3WME,9U7Z]C?84FCDLF$XKT3>A4-IIX2
M%H%O28'LM)<F9Y<M&TSX]/T$T\4AQ3X7-1+67;;@7G]\G=*;[B"S:6&]_O##
M"V\ZA,H!1TGELAM$'I&IHN6O4<FK^?3.*?DDVJ7M&@<UN;Q8)V\Y9+B80>'"
MU.YUBI?4L:>O.(S\W\_BH,Q=VRRUL#]`5O$;9!7))ZK#96P^20H2CE_IVO4"
MRUF2=W"YZW>?_3B,0!J*,'QZAT78+@EV<9T*L&J#5_8171=U0_L5)-?_A&Y`
M3?+%LPSV,,NI+)H:0Z$^E<XG'(?&5A@]OR5*W;-E60O+T!EMND&D$C'3V$*J
MZZ7&EG*`:]@<?:JZD<@IJG)*FW9@,SBB)3CDI_?8$E38OKLQ>#NP3WS$7*T*
MCE9M-J4ML<_!(_4Z`.7L`"#K3MUNP:`M1-,;,8207)ME86X("UKK7O"B;``+
M#1<UE7^7GXZ&RS$,%^@7<F>R13$%87=`V7;!;IG[U.,WH3J`I^+:\'?'/0Q-
MM%Z.0B^H9X?"]B-:+KW`\:UNZXX!_:6)N]@%)IHZ'7PZFCI'B='P-FD=T,D=
ML''NG'78"2P5E_,'X(B6S9'B,K:MLQ75\Y+0MH$!509=S:E'IMI(IFEC5.G>
M6:,LKIUNGY6$"&$/LRW7.>;=T<H5/4V5)+9I4YQ\I$_4)O7Z_QZC3*<I\-LU
M0R+X)UV`?]8"^"U*\0CZ:37H^VR\](BXO]$@J%E`C<`?`OQDK,T.M8EJ=S0_
MJ`!+C=[G[H)MU>'KU:'0]MO=>]6FLC6$;O4+FPTM1*VKG<='>];@,E2Z+JH`
MTHV*KV%=045J(MKMH(T-Q&J:/K>NMW;Y*#MWSE:C!T<.`+680%.N>=A@FNY4
MA[VYWF':>"BH=ZO542-6D<35D\+B_7#=P'M.RL+"F5<AL[;"K(.1S:H!?W%X
M0S2T_UZ']Y/K!4M]24_G[)74S(PI4BSRI;85V%-A4-M0ZRDN./ROQ]@C-HJJ
MUY:4]W2G\CZ@7V7\I484^%?J6_SJC6Z3U88R=USGE/W3,=2]!*B@+D>OH>,1
MG>N=V>\^P:Z:LS;%B`Y&=#K"JX.1S:H!KUU?=B>D@S9G:=)PM:*>46)RHIV)
M=N90[,RKP4P45TV#M#]VJ%$S$[E&0:Y!X%L2E&K9>QU,X?'J=<S?8?X.\W?*
MY)`P?W<\[!$;174KQE)*8REQ2PCV,9.8=!Y@*38&5#IC(4@$?6=8N$^@J^:@
M82$VINVZPJN#D<RJ`:]-NA/%04NSA(!\%`+1,]$B-"[1N!R*<3FM9N1T&'75
M%,>D6IX4S4LT+]&\'!SP%UIWS,L.)@F/W$]_R.;>>;6JZ`[+%)7L/13DG="@
MF"CM*6$1^)84")I&->']Z.J.3SQJ4(N/B")Z0!:ZY9$GW0XIEE%A&166434H
M*-$Z4!-[Q$91%8O)K1(EGFV#8&\H=-3@F.92VCQ`T+OOI&FCV71G"!N-F^X2
M%T^5JJ=*+=.LH]$/9BNM0\]XU'W*MK!:6<&*F5**U9Y'#VMFV%YU.ZO&<M`N
M4Y*PL^;).AR[3QFBUI[4>>R66I?7`[,JD750)B!A:\B$G3:Q=C8I&,5&E0%_
MU41+DV/['MQ`MT5!NYJVZAZ3D,J8T'3#N4U+N7!:[U!(!/]O51"O/#2P#BQ'
M-J\GH_&5:C<9D1^WF_K'Y\;FO(*+T;ER\XV0%W=9(PIP8Y-704;CW<T_^^O.
M(+\/D-]/KLIN]2`[(CL>)YLR'EUHAQ>3]LAU_&CI<\M6L4]>@1'SO)5R8LWS
M=H"WMM=*NE<VJ@#BY?Z(++R5*D95`>TM(E_22@96X=IU@G:O;G;@B%<M^>BH
MB?*)FE:X.@VHMR*.&U#%0MR=-/:Q1K:/5,4"W-Y15+DZQ".$+24N'YO8X%%`
M`8=4;6TH6T=M[G?4LY[TP'JBQ%8V0JCV!;(."P.\`GYH'`"O@/<2>\0&[QG)
M4JUWCA]Z?,!%K&)1KZ)>1;V*>G5XV",VBNK5EK1VMUJKW#*U;059Q8UZ&Y-%
M2AL%,DN6AP*Z:A')R6Q6"7HT:#I#VL$(,M6`G\QP%'>308[?7.?4PD`'!CHP
MT*&,LXUV`08Z%,!&+=V*@8[2%$5`/>H'Q-,#BO$.C'=TQC:0ZB)<#05VU;PS
MG)S34\(J>`U\,-AK%U(+&]$L:]TL$W.KT09#&VPH-MA@0%=-64PPY=13RN*1
M4O)(#>1>2:;=#'FDMDD6+MNM;N-T0<P,86;H6-D)5-_'PQZQ430$T<&JBV^Z
M9_'!O5:<P(%!@,%+[]JF8.!`/>"5"AQ4'4'78=A5\W,P>8.$1>!;%&9H-M7$
M]XO^PJTFB$6(D<GQ$$`3;2:TF89B,TTG.SMB]PEVU20\VDQ(6`2^16$VD'2+
MJ!C!#EZ89L$TR_%#_:BWCX<]8H/Q`EE:]9^ZY^F.:J-6U=:E:%-W.S@PP<LP
MG7`AT<;H*6$1^)9DV4!"`]E*3'?!=N'P08]Z0$WR[>X]1@HP4H"1`HP4#`][
MQ`8C!5B0J9J&1;N[V_$#;335L(/HD1R>R^DY!A'Z2=K!"#/5@)^,QC.<%!;\
M\N`&NITM,5#+JHD>E@YFYE&.[*^CY\:_FKM!X*Y*ISA'?Q)?J#E26B(%#AG\
MVPXL:.@A+[YFH"K#B0WFSD;3BBW<D1=;Y\4+M>1BHYW`1I/Q>&`.`?+[</E=
MP:Z#R([#9<?I:'9Q>''ZM#>>XQ^9_RCN-.8Y*^7#FJ?M`#]-TDKJ9+![B7>Y
M+R)I'8=GQ?N)]19A+PMMA3/M2,^&Z8EX-XKW3M-D<G:YW3:9:#N,D_/S`\YA
M_*4ZQLGE-I=!^XF<DM\==^Y3[RE*X:_#P">Z1PFU^+TZQX5AH$_4=M?4)/,7
MPGY+;MT5V^(+<3UBNOPC/MN.M;`,W0GL%V*Q/QL!_ZC[1#W=MLE"MSSRI-NA
M*,6#/^G+I4>7,'UC83FZ8UBZ373?I[``Q\R&V\_VM"1_#F`7R;],ZRG^.?,C
M_TR,8`J^K:]]^B;^X9>5[BT9%1B#O9F,\P0O\L0F0[28,\*G;Q63%]6UWL6Q
MA'`B0K3)#A$RN<S)YYQCF/,B<WZAEEVG0:%*9_=*X]?4$3I7_`G\W\_BF,Q=
MVRR50Q]`-'P#T4`^41WFZ:W8(ID0",A7NG:]P'*6Y!W(B=]]]J-:;E1[N>`F
ME1H*,`6?WDT!MDM^75Q7BG]5%%L7=4L<*\BL_PE=N$3PQ;,,]C#+J2R4&D.A
M/I7.)Q7CE!57&#V_)4K=IY9I1XA4*Y1><2$2/#)92ZGL`BM`'576@5QR=.NO
M&1S1_AONTWMJ_RELU=T8,`&6?-*][[1>ZXM6+36E[2_>GJL#4,X.`'+6#3.V
M6?,'2;5!JELWA`6M=2]X4398A>:*BBJ_RT]'<Z5M<P5Z>=^9<-O6T.T.J-@N
M6"M)+K0#>"JN![.99;19U*85)-QO=?_QB/9*+W!\J]NZ8U"B0Y7#+C#1P.G<
MT]'`:3T>PZN!.J").V#9W/'2K@Y@J;B$5P!'I-(>,1C;U@,H/42+IAZ2[ZA!
M5W/JD:DVDF?0&/M=YZE9[+;/Y9]613!A#[,MUSEF`XG*E3I-E1FV:4F<?(0:
M9E+OCN0QRF^:`K]=XR."?](%^&<M@-^B_(Z@GQX7>B2L=,+^1H.@9CDT`G\(
M\).Q=OC59NULLOW^T-[&4+6ZJC;,H*TWH(4/KUBG[89@E'#W65HQ=(W+S\K4
M)K9P^UE:72*BW9DZ4,6M&:0G(GYDQ)LT850Q3#Y8/ZAYNM*#T(-NY9;S1/V`
MWSQ4S%AIV`3I<$^51DV%SG8_Z<J5U#:10=01F5I*KZSO1[-[-?8;!7+`>^,O
M-:)6?S^[/R,/'K_(_\(;>2RA!X@#FI7H2^H8ZA9%=Z>7H'(#1Z;7.QO%OT96
MU;KT'XNN:LTS.;]`FDKK^UF1JH.8IX$L@RR#5#T:5<_/#T]DH4&\)\CW`;2N
M`D-X%3J68:UUF\Q=QU1LB$Q[42:<F'*4(-:11^-=7E2;S]9AX%43\]IUN\A+
M7#HIK-P/UPV\YZ2L,C#S*N14-#/[##R3SU<[QS>A+2@EY^AZ##(G$Q)%*_`X
M5J`VG$F]*MF!:`0>3<*WS.]H!"*GHA'8*>"UJYV.(IJ`,D"^=;VUZT%(T)VS
M]>C!D:\##MD('(RD4<D$9*[F9:_RRET2\;,KM`+1"NP"IPY&-JL&O#:ZFF`H
ML'$[\)/K!4M]24_G[*64@40-N(A@T>%>/SC$&NRI4*AML/44%RG"$JO=!@9\
MQ[!13,&VI+ZG.]7WN+KRSH_ME*BZOU+?XFV7=9NL-M1X[VXX8#Q'/>`5B^=H
MESO+2/L$O&K.FCH<CU3M(U4'!ORKL@Q-L^Z:9H[KG*)YAN;9L,RS*\RU'4F9
MM`P\IMJ045$N=PKXZYTUF6AKJFUKWKJK%?6,$E,3[4NT+X=B7TZPHO]8P8J=
M51IH8**!J0JG#D8PJP;\%`OZLU]J!&/>X!ZKN+"*"ZNX!E%,A,`C-EC%U8?P
M33PBDGW,)":=!W@E#V,XG;$-)()^.9A>&*HY:%?8E0%C.)W@U,$(9M6`U\Z[
M=!L/S<P-\GT.'JE']$R02"W+,GI8,^.UJUNB-9:#EJN2A)TU3]8&+S=,QTC6
M77JR8<(VV?P<6V%TV_3&DX":"PF[NZ';3ADW*->A)<=DLLLQN9P<D+N.OM0(
M@SRX@6Z3Q=9)J$JZ*AV=VGYD]^1\W/(4@`Z0\_"1\$=U2LY'D[;[N'6!F#7F
M91]93T]VUVGUK;P!>:5_QCH2\S!)?GV]\YI@91,],43/=QFBU]7-T.O&0/CD
M.O2%K'3O.PTR!91JV9Z#*<"XO!I,,Q>52C!4$^N#2:^J`SQ2M8]4'1CPKZB/
M(=@S7ZBWID&HVZ*F%":_TC]#B*RA<7-DXV9R.12YH))MHPW&HE1-&FM:N\AC
MCALY%0VV3@%_OE-$#,%>N]7]1VZE&?`#F&I/NJU>]G,P1IHVTBY:UEMHIZ$,
M1N6'5.TI50<&_*L*9*=5HYU-^F#5O*,>LV,"ZXF*RR?8D*2*.=/3DUK;VN@I
M+IWNBX'`(S;U&Y)LJKR6ZJ6[U>OK-]<YM1P_]'C#$%2PJ&!1P?9?SB/PB$U]
M!=NS^U1&]UHQW#D!]:@?$$\/:$9_8Z#_.('^P03(5`KRSW`>T##BP8W68B#+
MM,(R)[-)274*8M\&]MAUJW=/URZJAY,N#G:%NFP9OO[X.A&=[B#3:D"G0[`4
MA/7KCZ\359")#**.R-2*Y*!N5_'IG=+M2?!,V]4O:')9NQ^602'FM7NE\6OJ
M6-%7_`G\W\_BF,Q=VRRUJS_HED>^Z79(R2>J0RZ-MQHB>D"^TK7K!9:S).\@
M0O>[SWX<1FRN50'6<JX7G]YC`;9+?EU<I\*K6EN.?<06?WI+,NM_0C>@)OGB
M609[F.54%DJ-H5"?2N>3K)*1O\+S^OWK*E#JGBW+6EB&SFC3#2*5B)C&%M)2
M5YU]EE+9,5&`.JJL`[GDZ-9?,SBB_3?<I_?4_E/8JKLQ>/7F)]YYK%812*N6
MFM+V%Q]WT@$H9P<`.>N&&=NL^8.D*LR1#&%!:]T+7I0-5J&YHJ+*[_+3T5QI
MVUQ9N!ZY,]FBF%JP.Z!BNV"MS'WJ/>ESFW8`3\7UX.^.JP::2*M7:07=;J#M
MS1'ME5[@^%:W=<>`"X#$7>P"$PV<SCT=#9S6XS'\&FT'-'$'+)L[9QUV`DO%
M);P"."*5]HC!V+;.5E3/+T*+!MH&&70UIQZ9:B-Y!HVQ?_^D&L5N;?1;JB0Z
M"'N8;;G.,2^85J[4::K,L$U+XN0C?:(V*6OMJYQHS97?-`5^N\9'!'^]NVLM
M:K:FP6]1?D?03X\+/1)6.F%_HT%0LQP:@3\$^,EX]_R"IBTAV9/U&NPY*1QX
MXB[8-AV^6AW*9K_=O5>M.59#V%:_<]G00M2ZG7E\M`^?]+M'8AN1EE01VIWK
MC$C)OE`2T=YIP(PWOM=X#L;H9F?06]=;N[ROF#MGZ]&#(X=]6DR485^QSC:G
MD`CZ;#`C6Y1K5'35+O(2EXY#W@;%J8,1S*H!?W4M+X*%YE\)P)]<+UCJ2WHZ
M9R^E9F;2KV*!+[6-P)Z*@]IV6D]QZ71S<@0>L:D=7BD;-M;E"EJC>UWAOU+?
MXK=J=)NL-M2XXSJG[)^.H>[-/@6U.'H,W0[E3,[/AP*[:H[:SJ;3&,K!4(XJ
MC#H8P:P:\)/SPV,Y:&T>W=J\=5<KZADEQB9:F&AA#L7"U,:3H<"NFO[86<N*
M%B9:F*HPZF`$LVK`:^.=[C]F"^74R6.J$%.%F"H<1,8*@4=LNE>)C;&;K5TF
MV,=,8M)Y@-7>&,#IC&D@TT=H.5'5<1DO,_[?<N0,`SC(J2B8.P7\].+@^`UF
M"(]N9?()"D3/A(C0L$3#<BB&Y0P-RR-IC7.L/4/#LA.<.AC!K!KPUSMO&F-B
M4,(U0H>^D!4?2)9)#*(!>!0#4-OM2/5)TJAD`J)X'[Q>1:KVD:H#`_X5]8'F
M4OV$['%'&`W9-KJ^'(I80=,(9;E"P"-5^TC5@0&_6WN@950;X(^N[OC$HP:U
M^$!.H@=DH5L>>=+ML-9X3K294-R@R:0@Z*K)>&UTH:ESRQ,IBT>J\\"_>J30
M<I)B.3'#:1UZQJ/N4[:-U<H*5M2I-P6TL9$%S0Q*K&YFU5@.FF5*$G;6/%F'
M8_8I0]2+%DYKH\7-N_L?]<VH1+Y!@8"$K2$0&AO/6,VX:V[HXH,;Z+:X+Z"F
MA;K'+*LR[C/=<&[34O:;UCL-$L'_6Q7$*X]\K`/+D8WJR>AR]]C4XXE<Y,<2
M`__XW-B<+W`^NKQ`7E2<%ZN./VR:&YN\PCV:G@\J,H[,/EQF/YE-2BY-(3LB
M.QXGA3(>75Y)K,OMH,/XT=+GEJUBQ\$"!^:9*F7!F@?M`!]MKY5TKX^A`HB7
M>R&R\%:J.Z(*:&^1]=+P5J7U'Y*S5^1$Q(=@FGRBIA6N3@/JK8CC!KVZ^7SD
MJ+,ZH6'5,G&=I"K6V/:.HJI5&T[&."MDP!V!\!R@=.LQ55^1;KTWM=]1SWK2
M`^N)$EO9@*#:5\,Z+`8:M2Q[BDNG)V$@\(B-_!!3LSOMZ`VB.\<//3X?)-:P
MJ%91K:):[:-T1^`1FZZIU9:4=G<F+MPR;6T%67V-ZAHS0TK;`C*KXX<"NFH1
M2&VDS=3IHHB413G6>>#9D=I]LT(E.ZRCX8W?7.?4PA`'AC@PQ#$(3QN!1VPP
MQ-'Q$,>=$U"/^@'Q](!BI`,C'9TQ"61Z!Q<8ZQB&1]QH)2FR3#L7Q]EQ5>WF
M^&#`WWE>>U\;*49P8UDD!C<PN-%O'QN!1VRZ%MSH:-[@G[KGZ<IU45=;E7;7
M`^NPGI996Z%.K^HN"-Q>LCM2M8]4'1CP`^^QG6F91MP%VX'#>^/I`37)M[OW
M&!_`^`#&!_KHIB+PB`W&!UJ)#WS3/8N/JK7B6@7J!%;PTKM&8!@U4`]XI:(&
MVFBF[6Q1W"?@5?-TKF=C9:!'NJ(DZSSP,.U"8L-UM)U*,'Z'S9PP*H%1B:$X
MQP@\8E,[*J&=3?)?Q%L96Q1W<XTG0L^CCO&B[H6,Z&%'GU*+0^9[2E@<,M]'
MHG9]IK2FM4O91N^K#+'S.9X$%'%(V,-%7.\K>A[<0+>SP3(E[6X<45IJ_Q]_
M1.D`707DQ1*7Y?B<V&0:^F*FVH5YY,5=9H@"W-AL(G'<LE^&S([,?AQF5['[
M`?+C</EQ.KJ\.MQCG)7DFCKH-/Z1^8_B_F+[@Y&WN6B25E*G8*.7>)>[(9+6
M<7@12#^QKC/T>P^T:]0WR,0;:=D?6B+>!T>Q)]H.B^3\?%R]<B7^4AVKY')[
M(HZ<DM\==^Y3[RFZ0;,.`Y_H'B74XKVL'!?FFSQ1VUU3D\Q?"/LMN757;(LO
MQ/6(Z?*/^&P[UL(R=">P7XC%_FP$_*/N$_5TVR8+W?+(DVZ'XB(L_$E?+CVZ
MA+:B"\O1'</2;:+[/H4%.&8VQ'ZVI_WX<P"[2/YE6D_QSYD?US%ZFX18Z=Z2
M`<\8ZLV,@Q[]0IC6;Z[9;VS+H:?E?'"@M1B]`Q;P)BT7^@B(DVD"1Y#!C_T2
M$"Q`<N`"XCI@@Z[FC-Y3;23WR9(7.AEK,\D+!&:3OLCBC.!ZB_3HVJ,^=>#B
MN+Y>>^X/:\6.#CMLLI<N]WG_H30W-4#ZXA2)>OB-&.G]-36@QL]^&4E>+HAB
MGM",),V*ZF)`0T[DG)%8(&6$<OXCLL\DRCB4<4W)N&DQ.:64C)-/K(MB!$ZN
M5$KD2%9`;!,F16LN*?[:QS@;']4T>V"6Z\*U;??9<I:$&YS%$I!Z](].`3>2
MLW8S\(6A>]X+>[/D5S[I<A^8M?,C;^$_]=7ZE[]>3;3+7_PM=C[[.&,5\#Y,
MRS=LU]_D'3(/`^YO,%'A>D'ASZZS]8VYUCMSW68.!R7^(^7+0&VCN`"3KVU*
M[CB^+H5V")GTVUO\3BXJX@>G3K^MKWWZ)OXA*^<F^>LCQ4#$9FA@,X!R737:
M<+UW_.EZ>L!%UNA+^R4%SBXKOR#ZSJOW?*YV1&DFXTOQE!H%F@:8,-[NM2;O
MJ:.FKCB>_-_/@B?FKFV6!GL^@)#\QH7D)Z&65VR5W(C_RF4I:+-W$(SYW2]3
M+Y5(M0\`KQ"K)"19\055(HV7(LU8+7YXN9F;;)>==R,D-Q+;.#Z3Z0%OB+]4
M/82+DO,PR3G9(3DO)Y5*&JJ>YKHF?059^3^A"T;B%\\RV,,LYP!AV!@.,BAU
M<=WH"J_;H]1]FG;H&Y'.(^'6V"+/"]*S+5)5FHS4B'6Q'P5F![TZ_EKKAET]
M5-M1$MW`]!:"+-5!12.F'T:,PJ8)N>$A5_))][Y#Y&KA>MT0IA?7![RW14M"
M3.[ZG)1"=`/5\Z+$45#U9TM,.H)K)]34VRB*O25\K:!X[3NN)1;`7L%`M`$4
M8E+E;8`[$QI<&[I-;G@:K1LR574+X([7/G8#RV[H_4XAV@G-M#.IC+BVCNOQ
M/?Z]B#`93YKO@1._I#7A0MC#;,MU:DJ8]K,C3>646S5"3D1):%DS+Q7E4#;G
MT13^;5HK,?Z3CN"_D<YHB@0M6S@Q%:9=H<*LE>*6EK5W:04;XJ\L_JU'2<HZ
M5A]B.%5+PK9C,FWM.2!B`Y5&.;13I=00F%4Z#LP.7\A>HF)6)\K53/6<`JA7
M;<57%9,*C1Z&@_KLO.%BE_@%B'MIS61SN->K/T7<V\!="5.G6QDAB2:02.I;
MSA/U`U[NKIXQU,G^99%]4['S[:91)''UE3K?(F%?,]$ZVM(8"?NJ%5BU17#]
M.,+6]=<,V2!IMU_.V8>T!2L&28NDE4Q:M'Z/:?W>&(874C-C_[(?#7=5K,%4
M;M!/!V0"FL=J8J^:!3LK]BWH+?@*6ID#8GT5K84A,7_7X4=K[9C6VE=J4$MT
M85VXN:`E\5W;1)L-;;;>8J^:S79Q/1SPT69#HV&XS-]U^)6PV2J5TJE6($<>
MJ6URD\O7;:I@N9S:%D]_X9%BE/06'EEF0W\!DJ1:$""LONIF1..#;D!?YQ=4
MJ1A$Z(J^EHC]Y&(XX&,0H0^:%)E_F/`K829U.XC@+O(#)K[=O5?QZIW:AD]_
MX<%8`L82%-`P"!#&$KH92[C+E$-`P/XT<$]7>A!Z2L87HL<UTV?IX'ONARP'
MXQ?*TE9K@[;#NMJE"FTW[NPW1-Q&PR^3T<6T.`H7*5Q^2[TI"C<:8T`*]Y["
ME^>7&$AJ)Y#TD!G#K>RIVJ.;1AF_FVXXMVDIPT^[>3.S<@>I.K"@$8[L6,49
M4(`=&_0;M.D5,J3J#%F]ZUC#'-FXLZ-@PA.9<J=)K@!3-FR]7RK8B`.9<MA,
M>76-%QQ:<BD_6OH<*C`MJF(M0H'A\SR<<GS-@WV`%R=I)>H5.*B`^19711;F
MRE5-*(#Y5FM<TE(4+,50`?5MFET6ZNK5=R#JKUHO3<Z'PI*1TI(1HB\]2K$!
M,#8`1L+N9YVI$^U%PO:V`?#E^!R)V]<^L4C<'A/W?-:]LI#!VL&?J&F%JU,&
M]XHX;D#[9@.CF:HF]FA)=OY"E43TK\;:@/!73V4C_L?%7QN-QS@[H3-&TT?7
M60J3R:3S8#@G!RTFM)@R,DN[5/"&QX"LI@%QOY(Z>UC\KR(%KK0Q6DU=L9J^
MZ"^E`PS6H6<\ZCYM;8K!!*<8H/DV=/-M-B3=A;8;6@Z#9?ZNPZ^$U=;](G_L
M0EC]\>K5Z+=GGW2QFKY%`Z*3=>\MZIA.5JAW%Q\EE.1@0QO?=,_BL0T+(*=^
M0!CV5O"")34881ALA&%`V"L88(`+_CBK[[BWV9$"1Z<`MJAK*]0@6M39:<!!
M/=8OW/H<>'<1[%.'[*@2.PZI3]UHHF'_)>59<EB=ZF:CR96"%_.0*<LM;768
MLM'KA*-9M:9@R)3(E$TSY<5(N^A>Z6%'/<L/EJ,[AL6\RU]#W=,9:MBRKII#
MARWKL&5=GS#'EG6#;YZ&J"O2L@[+#%HK,_C5<WT%P^J=]%>P5*&OA,4ZB'X2
M5L$BB]EH?-ZWSAG'#B`I%.5!\O::O-KH^KQ[XR8&:_W>4K/DCG"W3R,:J&IB
MCS8DUM)F%,58P03D@.HX$?\C9SLK%86T;B5->I+G_"/YSW"X'6_EXJU<O)7;
MU5NGB$]E5;B'CCE4$5YO(IM5A=K5#EUX?G'(0I-OU=&&@EYEZO!$^XF<DJ]T
M[7K0KN+9"AXMA_RGOEK_\F?H!K]\#AZI1W3?IX&?_I:X#OGT]NZ&_^:OT^M?
M_'S7B[ENZXY!B?](V??.R"Y5.R2P)_N`G;W=<RCB>P+^<P`7JI-_F=93_'/F
M1_Z9&((4/EM?^_1-_,,O*]U;,AP#=\WLMSS-]J%JMP)N.]X@=>T)K^]B]<GX
M,E>HDZOUS!6&YDH]M<J^0_R>.H?CBB/)__TLN&'NVF9Y1:)N>>2;;H>4?**Z
M'WIB?AS1@^@(6<Z2O&/<3W[WV8_US/E]`*BE5/=Y@5)F6;-F0=>,UJI:"N79
M3GFV*V9P.4EEV1X5[E7/V*0]"?8_3',SW?S%LPSV,,LY0$0UAL,KPFPO2EU<
M-[K"Z_8H=<\692TL0W<.F32@-)'.IU7OC%1<Y+D$F_DP4NWT*UK1^94HH#:N
MJ;E5!57I>KQ'B-[JGO?R.J1H6K1K6BAL,)`;([">F+^C>]^9&P]=W+LAXBZN
M#WAOB_J=B-#*Y[E/O2<>\^@$K-V0<[\[+N+:`*YOHYB>SML*HU9N&U54S*B8
M8_UQ9T*S44.WR8W(A71"SJFNEN^<==@5++LAW1!1V8B^HP9=S9GQ.-5&J(/;
MQ?3@W/`^-6DUTF7MU+!5.O:$/<RV7*?2V3]N<+^I1&6KAL')1_I$;:*5C#M3
M4>9F0_9-X=^J8Q_A7S9N3D7\-Z+Q39&@97D>4V&*5#@B%29C;5K+0JE?HX#H
M'V3+U&\D=E!V[\BE^,*3KM1DK+FH2M6&@PW7ZC>74JY5U]],F90"J%?MBEP5
MDUKW!?J*>O7&OQ5!J7D/`7%O`_>F2R41]8/,CVYE,R2:)2)5G!F>KI*!TLFV
M)-AEH:^$Q18._22L@OTA%!SD@:0]`FG;,1>1M'+6O[.I!=JD>X?*#,,+J9FQ
M2MF/AKLJUMOYX;J!]Y^4Y;<RK^JJ18Q&JY)-`Y2S*\\GPP%?02TR(-97$/UJ
MS-\!^ZQ/\*,-M2^.7ZE!+7Y)`>[59`-\Q'?M8M-3M*30DNJ\.E'.DIJ@)866
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M7&BZX=RFI6PX[>9U_\JM`NO`@L6FR(^5;'0%^+%!<UX;5VJUBPQY#(:LWG&O
M88YLW$+=V6X%F1*9LGVFO+RJ=^E-JIN"+(DL.1E=3X_8J5T=/^^CI<^AIL^B
M:N71"VR8YZR4#VL>MP-<*TDK42\[KP+F6]P'69@KE_-7`/.MDE_24A2L)$#4
M%3"X!H8YUCQ4KWD@^M*C%!NP2XP4JQ/.53`;WDW"JG9;`@G;VU;.5YJ".1@D
M[E&(VX;1B*25L_[+\5AJM&NPMNDG:EKAZC2@WHHX;D#[8Y>BZ:CDY02T[I2Z
M^'!L07X]N43\NX._\C92M]#71A/)G:<&:\A\=)VE,&-,.@_0BD$K9E!6C#::
M:=B%_)BR?$#<KR#ZE?D?+1G)^%^.L1.Y%"B_Z"^E`UW6H6<\ZGY[_<@GV(\<
M3:KAFE13!2^_#DBC#(CU%42_&O.C,=4B^`,LY<8^:=VNQ&[/9NABS71W^EPA
M/NK5(7<''0P![*OZONF>Q6,`%K17H7Y`J!-8P8MZ)1IEE^:P3UH_W!UE:(M]
MTGI+VU[T6+K$/FE(X;;M/J2OU-OS<NN).QIR$5W2[#3PHJ"IB1TN7KG/W\=6
M:>I:4,B.K[0ZZ&6GM-%LAKW2E&?)8?4`FHUFUPJ6`")3#IDISYEI7:F!'_9*
M0Y9LEB4O1N=7.R^]#,7;^V`YNF-8S./[-=0]W0DH-DW;U\G"IFG8-*U/F"O5
MO@M1QZ9I_<0<2R#V-4Y^]5Q?J?!S)RU[O-#05\*J=EL""=O;9DN3T96*T6XD
M[Y'(JWQ5*Q(W0]SIU9748-=@+=);:I;<O>VJ18I&HY)W$M"N4^K&P['%]Z6"
MA:4(?U?MHHZ!?W&PW3+I28;NC^0_P[0[NIA`P[NNBLBO3B:ENHM/S[1?@XF>
MZ\WO9164=KE#0YW/QE57*;Y21SL)',O4TXGV$SDE7^G:]:`IP[,5/%H.^4]]
MM?[ES]`-?OD</%(O'KJ>_):X#OGT]NZ&_^:OT^M?_'QOA[ENZXY!B?](V??.
MR*%60']@GNP#<_;6QJ%8[PGUSP%<3D[^95I/\<^9']?Q]C=Q7.G>DN$6N.LW
M0GE'OQ`58]P8L2V'GI8;<P=:5]$[8`%O4DH]/$*;-=MVGRUG2?BN?++VJ`^S
MFBQGX7HK/;`8AOK<#0-B/.K.DGV"H?^1/E&;3"/F)B>68]BA"4_Q'QF91"?:
M3/>VGXCNF%D:D175_=!C--`#LM`MCSSI=DB!8#KQJ!%Z'CQMKON6SUO!,2(7
MC\*!:(C=OU#=\PEURL):M1XL>9WOJ$%7<\;B4VVD]$(GXY*)(_46"%PC?9'%
M:'^M)Y;4#*Y?$0[\J,4O3`6KK:]]^B;^(2LI)GGQ6N+R[9+VL_$N:3^]VC0N
M#`I]%UZ1^-'7ZHBFB[7XUNFSV,7<M<WRV'-1\MP(R0,,DNV4]"DC5CZ`6/F6
MBI6OB5AYFQ,K_V*"@+P'.4"R9XV4\O.>VG?3^BJ8T]."R;4/ZO'7]LLA'$+7
M"BY3P5_=Y_D5'-;IN/KCI^.]GW[`PU5!9G(A,E,5WQ!_K??X(.<@,I61.4PB
M3ZM(Y$[C@YR#R."9DHJ/=HB!-@AD\$PA,I6MXD+^<B^C>#.!V1XZ>Z5E9Y,#
M0*L;-*SHF3/''!UE%`D*B@1TE)%S$!DTZI%S$!F5D<$SA8XRGBE$!AWEGCK*
MOSL>9>OZ]^X[5.@IHTQ`3UE%?)!S$!FTZI%S$!D\4RKC@YXRGBE$!CWE[GK*
MO^J6L[/U'3K)*`[02581'^0<1`8->N0<1`;/E,KXH).,9PJ102>YNT[RR4?7
M]ZG_$UQB1E\9I8*"4@%]9>0<1`;M>N0<1$9E9/!,H:^,9PJ105^YI[XR]/CZ
M0CW+Q=)KE`DJR@3TE)%S$!FTZI%S$!F5D<$SA9XRGBE$!CWEGGK*=[R-/S6Q
MGQ<*!36%0O=<Y;W$PO0@X*:;R!V]?T&?>`U/(3H"R#F(#)XI%?!!YQK/%"*#
MSG5WG>OWNN=8SM+'DFV4"HI*!?2NC^1=\YX'Y.<CNM8]`5*),,5^6%X==-CB
MK[6"Y@?78Y_8&0OND_Q#S8#(H-^.?CN>*41&3630;V_?;Q>3IM%C1WF@H#Q`
MC_U(CF;<@$%Y-U-Y)+L2^^B`O_[^A\'G,:+#/G3%@,B@PXX..YXI1`8=]J$Y
M['Y@V39YI#;>]^ZEP_!6MW7'H"/E/8;Q89;&>)-+&L3R:U>RI<IS97QW!I$<
M3&BE`Q&!K]1PEPY>VT!;%)'!F,`@8@(]T8(/GN[X"^KMS#PBE%V!$J,./8\Z
MZ#YQ%QAPZ*/\>$N7E@-W-Y07Q1V(.'0EW:L\5^[NT8$8]BIHTX%0@^60S[=W
M9/?EMCY96>A/(S(8:<!(0]>5H.4$KO(*4'D4W3!XQ0%4`<?)Y0%Q@<NV,'SO
MF!WPLM2.0[RC!EW-J4>FVLX,N8QP1+3EN1L$[NJ4?^2-[]J6N?&72$YG0;/I
M(M@-63%XT:@C0-BC;,O=/7K^U9C)Z]N2%S&I@;YRPG-!_D7U.I[#Z\!+BZXT
MC7N;T1@)N?8VD.\=P\?-8!#WMFU="%(HCGH4M6D:]E9OIB"_'X7?OX2>\:@S
M"8_`MQQ9]OT0JE15![Z'LN:>!H%-5VQ9BH.O7;?!]=%;VH%>MY7G^-Z)FH_T
MB=ID6H#=#]=M>!!:B?.0>342'XFO!O%Y'+-ATK<7*XUNP:@M;'G8LV'(VPNM
M3L;:[-"0ZG65@&K@KLMP@E\?-91:!HIHC_/FJ%'3DA3E04@VD09OB*0'I\OK
MG7I%D8X;VC0$=IU^.;W$&SD;D>X=TLWJX#HE//W$&SD;D>X;TBA#6L5;:Q#L
M@\L*>XDTRA!$NF](1Q<>FW(:#[].V4NTIY=-HCW=K%F4&I=3)MH63>0@2_>)
M>D[E'&<;D;>:'"0/J[]5BHUO7%GQ@#LJ"5-Y"]<F-:+Z^RQ\"`0M:8V]!S3%
M2)^\Y9\B57MU3)&>2$^DYZOW&_>!ID&+":F*IQ3IB?3L-3V5D[HGVGF=.T5(
MV$P,NAHN&BI2=>FIDN"]1GKVBIYX/B4$C0J-$_>)&6T&^N4M_@)I6O^,7AY`
MTT(ZH:5SVJ-4Q:WKK5U/#RAQYVPY>G#TY@KR6;HCJF%VU2<YTJF@?Z]2.1UA
M]^)M*,2\:<Q/IKWR]SL6;!D,]@IQO#9&T-')'8Z0N1R*D%$IZ'HRNQH*["J)
MF4O$O'T+<C!6C&I1QN%8,A@*/$HH\"OU+9.1TM)MLG*]8*DO:25+;NBAP'X>
M1UG1NGZB@UR#N!S#9>PI.L@UB`N>)F5")/W$!4\3XM)^)*"?V,AQUOOI4!,R
M9R^C)F&.M&.\H"N-N2CUW71$'KD=,4?,FW.V$'GD=L0<,>^"A#D93&&'2O4T
M@^%WA63,%*MICE!-,[D>BGQ1K9QF,#(&JVFPFJ:+4K:?QQ&K:9!K$!?5',:>
MHH-<@[C@:5(F0-)/7/`T(2Y83:.2L]Y/ASJIIG%<YQ0K:HX7M.Q5NRNLJ%$0
M>96X'3$_0EID,)>,U<MX([^CC$',>X0Y2IC.!HP0<Y0PB'DER[%?`PVPGD8Y
MW+&>YCCAOUMWM:*>8>DV1OT&GT+`(AKD&L1%,0^QI^@@UR`N>)J4B8GT$Q<\
M38@+%M&HY*'WTXLFZ5T444V#SO0QPI3:;"#1,JRA079'S!%S]?TM1!ZY'3%'
MS+L@84ZTV5#2W%A$,VPA@U-"L?Q:]3":/.0',X<8BVB.5$1CVSHC)%O+OZE)
M3#H/,``X^%P"5M,@UR`NBGF+/44'N09QP=.D3'"DG[C@:4)<L)I&)5>]G^XT
M(>Z<+4,/+-?QT9$^1JSR:B@A,_4J:4XF0PD3J\3P&F+>.N:3JZ&`KERJ&W.N
M[;/[.6*.Q32#D3`GVF!Z1JA43',R&TR5@4IR9CJ4[ITJ@7YR.1165ZV@YFHP
M4\VPHN8H(<#/P2/UB.[[-,`;=<?T68;BHJL7!QR,ZZ(0NR/F[6,^E#N[ZKGH
MR.U'R#-@H@'%^G!$S(DVF&RF4E%`#`(>PUD:2M&$2J"?3#`*>*PHX&`RFA@%
M/$H4\#[0`TITQR2KT+$,:XU=JK&J&._5(=<@+JJYC#U%![D&<<'3I$R$I)^X
MX&E"7/!>G4JN>C_=:4+FKF/BC;KC)/ZN!Q(LPTH:9'?$_"A%Z$/!7+DT-W([
M2AC$O$>8*R=A3K`U]5%NTPT%=96DS`POTQVACN9\,)5ZRM71#`1W+*,Y3MSO
M"_76-`AUFW>FYO4T],_0"EZ&&PE\??$'9Q+V>/3!J+S^['J!NM>?7Z>.IC/(
M(+<@)@>ZB7NLO4:VOSO((+<@)GB")(9!]C"W>H\)GB#$Y#`'?P_#]O#ZF,[@
M4G3`]UCZ0&IC?&J$GA58%.MCCE,?,Y2+\5@?@^P^H)&$"F$^&#Y7+GL]&.21
MVQ'S(6".$N9(R"M5':--AU(RH)*0&4S#/(4P'TXAF&K%,4,1[%@<<YS`WPWT
MF/:)N\"P7Q,Y@RX=0>PL@UR#N*CF(_84'>0:Q`5/DS)1D7[B@J<)<<'.,BHY
MZ/UTH@DQ7,=W;<O4`VJ2;W?O_3?H3P]>FJ`_C5R#N*`'@%R#N*B&"YXF]*?Q
M-"$NZ$^C/ZV</WWK>FO7@^$G[IPM1P\LYEZC0WV4:JNA=&?!>RG([E#3.1Y*
MI9M*L`^&U;%P'+D=,4?,!R1A3LZ'HE&5NIR"=U..(&4F@QD)JQ#H0Q'MJEU-
M.1\,L^/=E*.$`;]2WS(9*2W=)BO7"Y;ZDE8Z[$,/`_;S.&)=#7(-XJ*:P]A3
M=)!K$!<\3<H$2/J)"YXFQ`7K:E1RUOOI4!,R9R^C)G%<YY0YTXXQX!DHV,.H
M.ZXZ!HN[S.TG&N:B,"VBNLN%R".W(^:(>1<DS'`TJDHU-8/A=X5D#`X*0'M=
M]4":/.2G`\$=*VJ.=;%NM:*>8>DVQOT&GT3`,AKD&L1%,1^QI^@@UR`N>)J4
MB8GT$Q<\38@+EM&HY*'WTXLFZ6T444^#SO0QPI1#"99A$0UR.U[HQA1W%QPN
M1!ZY'3%'S%'"J(,\EM"@A$',$7-U0VB(^W'"<UA`4[V`QK9U1DBVEG]3DYAT
M'F#P;_!Y!*RD0:Y!7!1S%'N*#G(-XH*G29G02#]QP=.$N&`EC4JN>C_=:8(#
MGHX=J9P,Y88EEM$@N^.`)\R'=,+=0N21VQ%SQ+P+$@8'/&$ES3!DC(:88]V[
MXD$T><CC>*?CU-+LE#(]"OY]#AZI1W3?IP'>HSNBA#W';M08`1P.NY],+H9B
M4:@$^V!873G_?##(([<CYD/`7#D),Z"D&H8`ARUDM"L$'9/VPPD"3BX&`KQJ
M4<"3ZYTLWZ,XX$=7=WSB48-:3_K<IA@%/(IB&UUH6`J(@<#A</ST&D%')WTP
M3OI@D$=N1\R'@+ER$N9D,AF,GXYQ0)0RB#EB/H08H#::30=3^JI8&'"WD]JS
M*"#QZ#KTC$?=QR!@!0G;SY.(7;60:Q`7U;S%GJ*#7(.XX&E2)C;23USP-"$N
MV%5+)3^]GZXT(8:[6EG!BD&N7%>MZ&ES-PC<U2G_P!O?M2USXR_1XYL6.S66
M<]3:A7.UBA?4H6H<`&B6L,.I!5*'LET^KY,Q$K5W1,6#NML[;IBL@ZF54HBR
M>%J1IDA3]6F*$KBGE-6:)^M`ZM34H2E*8*0ITE1]FD:A]88C2\W5\4TO,6BX
M,YO0\'EMKDIP=WAI9VICTX13/KOQX`:Z+=H&JIK<"-QU&??`KV/6*6,UTPWG
M-BWEM6E=YI>'_]\JR9!Q:Z@<-;P[FIZK=7D:.7%W7NCXS#BX%!+RXL"DHJ96
M!VEDPV&RH6)WEY`-=P>K%>#$1ELEJG5#&KEQF$)1L;YNR(;#9$-T5-3FPD&I
MYJFFV&0`Y,<=V>_C,V-CB?(33;6&M\B)P]3/DYF2A<O(AP/CPQ-MAA)1;4[,
M5T<<GQ>;;(H^&E]?(C>JS(WYBH[C<V.#Q1_G^PZ,_#G@[=7C?YG64_QSYD?^
MF7AAZ99L?>W3-_$/OZQT;\GVQ@!\,\G+_$*%R>;&&RHPV?_TO?YT=6XYCZL_
MOL+5^`+P>SV_`O)'Z!&USQOJ-(G:"R)5\&F8?Q"9/B)SH%BH(9&[A0]R#B*#
M9ZKA3C=[J?'#6]UT"AT\5XA,[T\4^X:_UIW_^OOD[\1SG\7/VM\W4)L<`-I$
M@M_-__4L'-JY:YNECOCMH^XL*;&</?UQ=)6[(PK05>ZYP$15@LB@68^<@\C@
MF5(9G\X9]GBN$!FED>G<B>J!J_R[XU&VKG]3$WWEWLD"])5[+C%1ER`R:-<C
MYR`R>*94QJ=SECV>*T1&:60Z=Z)ZX"N?_*I;CK_S]@LZRIT4!.@H]UQ<HB)!
M9-"H1\Y!9/!,J8Q/Y\QZ/%>(C-+(=.Y$]<!1_NCZ/GO&PO705^Z=+$!?N><2
M$W4)(H-V/7(.(H-G2F5\.F?9X[E"9)1&IG,GJ@>^<O!(R1?J62X68/=/%J"O
MW'.)B;H$D4&['CD'D<$SI3(^G;/L\5PA,DHCT[D3U0-?^<XQ[-"D)G;VZJ,P
M0&=94:$P/0BXZ29R1^]BT"?U@XH970'D'$0&SY0*^'3.&<!SA<@HC4SG3E0/
MW.OWNN=8SA(+M_LI#="_5E0JJ.]?1YT/R,]'=*][`J42H8K]L+PZZ+C%7VL%
MS0^NQSZQ,QK<)ZL([45$!GWW@7L:>*X0&:61Z=R)ZH'O_M'2YY9M!1;UT77O
MG3!`UUU1H:"^OREZ,2CO:RJ/8W="(!UPV]__,/B(1O3;AVXK(C+HMP_$R\!S
MA<@HC4SG3E0/_'8_L&R;/%(;KW_WREUXJ]NZ8]!1)0NW"3=_/SS'A[UZO/GN
M!A']VI6TJ?*\&5^C020'$ESI0$3@*S7<I8,W.-`.160P)H`>3+?TX(.G._Z"
M>NJK0H02SRQ&'72?N`L,./1);KRE2\N!ZQL8<1A>RE=Y[MS=L`,Q[%78I@/A
M!LLAGV_OR.Y[;GVRLM"G1F0PVH">2Q\4H>4$KO)*4'D4W3!XQ0E4`<?)Y0$G
M[+(M#-\[9E6/"V,1&QB^HP9=S:E'IMK.;+F,D$2TY;D;!.[JE'_DC>_:EKGQ
M%_$MK6X(HU%G@+!'V9;KU`D4MA<YJ8&\<H)S0?Y%]6J>PP$1,9E1EJ;1;S,J
M4SOGCDQ_B*:+>L,@[FW;NA"H4!SU*'+3-.RMWE!!?C\*OW\)/>-11P'??G39
M]T.H6%4=^![*FGL:!#9=L64I#CYWK!M&OCWG_5ZWE>?VWHF9C_2)VF1:@-T/
MURV\_43[J4CPS*N1^$A\-8C?+U$;W8916]CRD&?#D+<75IV,M=FAX=3K*L'4
MP%V7X02_/FH8M50`I5URWAR-&4MRE`=!V40>O"&:UFEU4SM2JBC><6^;AB"O
MTSH'^;LY_D:D$6GI%3I-@:U2\S8E\$;.1J3[AC3*D';MOLGA2]G#[#N\NK"7
M:*,<0:3[AC1*D%;Y^K))M*>;I8M20W3*!-X^4=,*5Z>,+BOBN,$1\VXE7%:3
M=^2A]+=*J&S<6_&`+RJ)47D+GXR+29U*0;Y]%M]V.^LCT;6D5?8>Z!3#??*6
M?UKCL.Y#V"%05:W3B@3M%4'Q@$J@YV%*J4&;Z61R45*P@(3%@XKT1'KVAY[*
M"5ZDJ@0OIG`W?A\G9C/TA#15B:8H>9&>2$]UZ:F:S-6N+Y&J]4_IY0%4+:05
M)+JEN[W2'B4M;CUJ6@%A+[>>],!ZHOZ(.#2HP=.JI2XZHARTD3:K)DHZD6#H
M5!)@IIWW29AWA/-/KL?37@4!.X)[K\Q1#+ZHB#QR.V(^!,R5DS`GS)09BDY5
M+20P&*Y'28.8#P!SU>3+9+;STGN/D%<N+#@9#R4N^#EXI'4&!PPJ"HA1.IDW
M\SLEH1KE'<2E=[A(\A1[B@YR#>*"ITDIOZ6?V.")0ESP+*GDI??3C2986=.Q
M."7ZZ[+QG_;J*F9'F/Z5"D9$70%1TV',E4MX#P9YY';$?`B8HX3IM*N+N*.4
M0<P1<_7ERP2K:?"276LC.8B[(!@"Q+(:+*O!-!3BHIJWV%-TD&L0%SQ-2ODO
M_<0&3Q3B@F=))7>]GPXU(8;K\.$$>D!-\NWNO5JS+KLJ2="K[K5$02V$N*`?
M@%R#N.!I4@P=]`3P1"$N>);0JSZ>5\W<Z-X-KNM(\<_UK-HE"73495-@*.57
M*G'][`)!QSI#Q?TM1!ZY'3&O=.%S*)@K)V%.)IHVE'N?JM61G\RPBST*>,2\
M1YBK)F(NIX.93Z+879799!?P/8H!WH:>1QWC)=>W!N.!6%J#I368BD)<5',=
M>XH.<@WB@J=)*2^FG]C@B4)<\"RIY+/WTZTFJK5^C9XU=X/`79WR#[SA%VHV
M_B*^HS4M:FHLYYB!4$VK1--V8@#JD#;V_INE[G"J@M2A;)</[8EBDS&1JGA2
MF_>-&R9KDT4-BK6R5HBV>%Z1IDA3]6G:>1F,E-T9#VK8P1E*<V5UZ(I2&&F*
M-%6?IBA_^TG7*"W0\&EML+?U*W7X/4IM/+B!;A,[;7&M8)HC<-=EW`._CEFG
MC-5,-YS;M)37IG697QX!_E8)\'%KJ!Q37TY&T['"N1GDQRTIHN.S9)/9I-E,
MK?I]Y,9A2L>3J]F5DC%UY,2!<:*2_@]RX9;`M0*,V&2><3I!H:@V.Z)01"Y$
M+AQB%P_DPD&KYHN)FD5`R(_EF9CCLV/;G5[\<-W`F\HLTLR;\`0H=`(&8A>@
M=8I<B%R(7(C60'0';#095VO>C-S8MDR\5(L;&RT\&4K=R1_Y_]0X@<U7G>1Y
M)^6TV@>JLB&PUTKV`*1&XZL]GEZ_KN(8B&^M99`$>IUF6LCC3?(X8HU8-WAA
M2#[<-5H?]11QY&[$NH]8HR1IVPK<$OJ0900>WDRJGWBC-$&L^X@URI&6>7M+
MD%`6=\MJ=,<>[Z]UY[_^/AO_G7CNL_B']O?\;LYG5X5^W:\O,OE60Z%)<DH>
M/-WQ%]3SJ$DLA^B.2=PP('I`@D=**/QSP7]<4\]RS3-IT<SNXC8!W+YXUDKW
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MJ!/S1OY!9/J-S(%B`67RX#D'D<$S=9@>UPY0XMIP[!P\68C,`&SCQ%F?[/#5
M9Y,#8)NTZZ,S%QU=YEX*A,ZKD@Z*A3[Q#R+31V30O$?.063P3*'+K(R=@R<+
MD1F`;=P#E_EWQZ-L7?^F)OK,O90(G=<E'90+?>(?1*:/R*!]CYR#R."90I]9
M&3L'3Q8B,P#;N`<^\Z^ZY>R<B8/N<F>%0>?52`=%0I_X!Y'I(S)HVB/G(#)X
MIM!=5L;.P9.%R`S`-NZ!NWSRT?5]ZO\$EYW1:^ZE3.B\-NF@9.@3_R`R?40&
M+7SD'$0&SQ1ZS<K8.7BR$)D!V,8]\)JA*]@7WC`/?>9>2H3.ZY(.RH4^\0\B
MTT=DT+Y'SD%D\$RASZR,G8,G"Y$9@&W<`Y_YSC'LT.1MZ-%I[J5(Z+PRZ:M@
MF!X$W'03N:-W.L"S.`@IA2X!<@XB@V<*W6QE+",\68@,6M-=<+/?ZYYC.4L?
M"[I[*Q,ZKTWZ*AG4][-Y=P3R\Q&=[)X`J43`8C\LBQ,V]WJOI!&;>Z'YP?78
M)W;&A5$_H.8<-#+HP:,'CR<+D4$[O><>O)A<C;Y[+Z5!Y_5(7V6"^BYGW*I!
M>8=3>22[$@7I@.?^_H?!YSJBZSYT8Q&10=<=77<\68B,"LCTU4Q7VW7W`\NV
MR2.U\5YX[YR&M[JM.P8=5;)TF]`]^^$Y/NS5X\UW-XCHUZYD4)7GS?AN#2(Y
MF"!+!V(#7ZGA+AV\U('V*"*#T8$!10=ZH@L?/-WQ%]3;F8M40ADBE,J=6HP_
M'"'^H/O$76#HH6_2XRU=6@[<ZL#8P]!2P,KSYNYN'HAAK\(W'0@Z6`[Y?'M'
M=E]^ZY.EA9XU(H,Q!XPY]$,56D[@*J\&E4?1#8-7'$$E<.R`G_#>,:OZ71B5
MV,#P'37H:DX],M5V9L]E!">B+<_=('!7I_PC;WS7MLR-OXAO:5G0;+H(=D-6
M#&4TZA00]BC;<G>/LW^%_5[?E"QQ6`-YY<3G@OR+ZM4\B((HVP-YB;&6IM%O
M4^9*R,$CVQ^BZZ+6,8A[VS8OA"P41SV*X30->ZMW5Y#?C\+O7T+/>-29A$?@
M6XXS^WX(-:RJ`]]#67-/@\"F*[8LQ<&?G+?!]=%;VH%>MRMR_+%L^=X)G(_T
MB=ID6@#?#]=M^!%:B0N1>;52YPZ)/V3B]]"+C^[+J*WM>!"T8=3;"[1.QEKQ
MN.T98+VN$EX-W'493O#KHP96RT`1[73>'(T/2Q*7!Z'81'*\(7+6Z8=3V]12
M%.^XLK4AR.L4SB)_-\??B#0B+;ULIRFP:Y3W]!-OY&Q$NF](HPQIU^[3&C3Z
M:I0<]M7.1DF"2/<-:?0=6^;LR\.7L@<@F[6,4B-TRL3=HID>9.D^4<\Y;N:S
MA,]J<H\\G/Y6"96-*RT><$8E42IOX3M#S:\;(/LLO>TFC$>B:LEE^3W0*8IM
M><L_K7%4]R'L$*BJTEE%>B(]D9ZO7H+<!YH&32:D:K].J39&@O:*H'A`^RAV
M3[2+.G>-D+"9:'1%%T93XJ"B;]H-\:M=X3'M%4%/IBAX^Q@^TB9(UOH']7)S
M\?L@LYE<:$FG]BAQ<>MZ:]?3`TK<.5N.'ARU!8-\=NZ(;KB\Z)\-URDA?G+>
M*^7<%;9'S-OW*ZJE,CL,NG*QEUY%U+K"[H@Y1HX'(V'Z%MWM2`3V9')5#?:N
M&_`J21N4\$>(998U'.@EZNJYJK->)08Z%!/<Z:WV*";XE?J6R4AIZ399N5ZP
MU)>TCDDWJ)A@G[6^+%G84W'5*.\@+KW#19+WV%-TD&L0%SQ-R@1+^FS7X)E"
M7-`.5LMM[Z=K3<B<O8R:A+G4CO&"3K7:J:FN*S;U@I>#20UVEN<1<\2\RRGP
MP2"/W(Z8#P%SY23,@)+?"M78#,MR5TG23'IUL[\CH)]HUX.1,NBE=CI4A[?N
ML,)&D9Q"U]4^9A8P'X6XJ.8Z]A0=Y!K$!4^3,J&2/MLU>*80%[2#U7+;^^E:
M)Q4VCNN<8I7-<8*7LTJ0=UVY8?P2>1XQ1\S5=[T0>>1VQ!PQ[X*$.9D,)O^-
M538H:7XY'PBWJX3Y@"KYE/-1JW6\[2[R6&-SG$#@K;M:4<^P=!OC?UA8@PD%
M3$,A+JIYBSU%![D&<<'3I$QTI,]V#9XIQ`7M8+5\]7[ZTR2]J2(J;-"M;CM<
M.:G6^;GKNDV]F.5@LH$*,3UBKGK]7H<Q5R[KC=R.$@8Q[Q'FRDF8`>6\%:JK
MJ=S.H^O&NTK"9C`3+Q7"?$!B1CDW51N,_8ZU-4>JK;%MG1&2K>7?U"0FG0<8
M#<0B&TPN8$H*<5'-=>PI.L@UB`N>)F5")7VV:_!,(2YH!ZOEM/?3L2;$G;-E
MZ('E.CZZU*T'BK5*F'==KZD7N1S.I6^5V+X:UR/F4C"?#`5TY3+@@ZD]4(C=
M+U#&8)'-<$3,B78Y%$-&J2J;<RRRZ8COU%V&5PGTD^EX,')&.6?U:C`FO&)E
M-CLE38^B@9^#1^H1W?=I@'?NCG7GKEJ?JJY;%)BZZ`IC#L:Y4PCSD^E0K"WU
M7&KD=[PX,03,!\/GRDF8$VTXSK1"03ML.7VT:_Z7`V%WE4"O&J/N+NKJ1>S.
MJS70Z2[TJD7LAG(Q[C[0`TITQR2KT+$,:XW=I_%B'$;5CLD[B$OO<,&K/,@U
MB`N>IDX$2OILU^"90ES0#E;+:>^G8TW(W'5,O!+7_CV5<;4D8-=5FGI!R\%4
M&2K$]8-)PBJ$^7`Z!JJ7^D9^1QF#F/<(<^4DS(#2W@K5UIQH%2M6NVZ^JR1L
M9FBY'\.*'%?LM-Y=W-7S5;7K@4"/!3;'B0-^H=Z:!J%N\Z;3O-*&_AE:P0M&
M!K',!M,+F)1"7%3S(7N*#G(-XH*G29F829_M&CQ3B`O:P6JY[OUTKPGQJ1%Z
M5F!1K+5IO]:FVMRVKJLU]<*7@TD/*L3TB#EBKKK3A<@CMR/FB#E*&'605ZG,
M!EO8H)P9#N;#Z8*HGH>J#:;+.A;8'"4">`/=IGWB+C#\AP4UF$C`]!/BHIJO
MV%-TD&L0%SQ-RD1'^FS7X)E"7-`.5LM5[Z<[38CA.KYK6Z8>4)-\NWOOOT'/
M&CUKE"BHAQ`7]`60:Q`7Y7#!TX2>-9XIQ`7MX&-S#7K66SWK6]=;NQZ,6W'G
M;#EZ8#%'&UWKMHN!+JN-5.JZ?E.O(NAD-I1J+)78_N0246\?]6JSV#N,.5:5
M([<CYHCY@"3,<.P8E6ZNG$PJPMYU`UXE85-MLD9W&5XES(<BX-5S5&<X?!FO
MKC09$?Q*?<MDI+1TFZQ<+UCJ2UKGN`\J(MAGG8])!DQ-(2ZJN8X]10>Y!G'!
MTZ1,J*3/=@V>*<0%[6"UW/9^NM:$S-G+J$D<USEE;K5CX,`5Q;/?75=NZ@4P
MAQ(Z[B[/(^;(YUW.@0\&>>1VQ'P(F"LG8893MZI2E0WVA\42F^%@/J!*/N5\
MU&H39+J+/-;8'.O6W6I%/</2;8S_86$-)A0P#86XJ.8M]A0=Y!K$!4^3,M&1
M/MLU>*80%[2#U?+5^^E/D_2FBJBP0;>Z[7#E927(NZ[:U`M9#B89J!#/(^:(
MN>J.%R*/W(Z8(^8H8=1!7J6B&FQ=<T11,QD/A.-5`GTP4D8Y'W4P962*E=7L
MG';=HS#@K6O;.B,D6\N_J4E,.@\P$(CU-9A7P&P4XJ*:V]A3=)!K$!<\3<H$
M2OILU^"90ES0#E;+:>^G8TUP.M0Q(Y;:Y+P2Z%U7;.I%+H<2,U:)ZT^NAG(!
M5B74JTF:#F..V6_D=L0<,1^0A#DY'XI&5:K"YJHB[%TWWU42-H/IY*$0YB<:
MMJXYFJ<ZF0P$>BRR.4XL\'/P2#VB^SX-\++=D23L136UUG6#0CTI.Q@?1B&F
M/[D>BE6A$NJ#X73EO/7!((_<CI@/`7/E),R0''65`H(3C`<>[<;=3C>]1PRO
M$N@G%X,1,\IYJN>#B8`K%@_<&8?M43SPHZL[/O&H0:TG?6Y3C`:V7AXXNKJJ
MIM:Z;E&H)V8'X\2HQ/=7V#X!W?7AN.N#01ZY'3$?`N;*29B3R266"!XC(JA=
M8A<NE#>(>>\P5\]3U487&M8('JE&\&+G)/:>106)1]>A9SSJ/@8%]Q2P?5;Y
MV'[@>+R#N/0.%VP<A%R#N.!IZD2HI,]V#9XIQ`7M8+5<]GXZU808[FIE!2L&
MN5)MN*)GS=T@<%>G_`-O?->VS(V_B.]H30N=&LLY;AW/^&IG?.A(JE,=ZL9"
ML%D"*U4GU#`O=Y43.GW.+]6*OR-5^Y?14HBFD<)IF*R#J;M2B+)X6I&F2%/U
M:=IY"7QR=:U8\P=UJ,LCK0T[1$W5O54[L4/S=E$6]^^T(DW[1]/N1Z6FY]=(
MVUWIB(9/;(,5A[MC33U*CCRX@6Z+OH0JYD8"=UW&-_#KF&G*F,QTP[E-2[EL
M6I?MY6'_MTJ`CUM#Y9C:<CHZGU:+\[9JWR(_;E'?QV?))C7]`4T4E<$%!2\*
MWGT$[TS)]!KRX=#XL%HM![)AVVR8#XLKP(E#RV$B+PY,)%ZJ-5T.V7"8;(C"
M4&TN'))B/M%&D\N*#8&1(]L.$6DJL6-S;6BF:K:A07X<IIZ>:%<H%Y$/C\Z'
M)]JU8AW,D1.'G,29C*;G&.-6FA_S=2/'9\<&2TRFYSO;,&=*3'X.>(/X^%^F
M]13_G/F1?R9>6;HG6U_[]$W\PR\KW5NRS3$$WTSR8K]0Q[*Y\X8J60;1T6J?
MQ]=I:;77\Q7J_5!REW^?-]2YS+\71*K@TS#_(#)]1.9`L5!#(G<+'^0<1`;/
ME%P]/CU,CT]1CP_]9"$RV\[4Y)`71-\Z!CKL&_Y:=_[K[Y._$\]]%C]K?]]`
M;7(`:!,)KC?_U[-P:>>N;9;ZXK>/NK.DQ'+V],C16>Z.*$!GN><"$U4)(H.&
M/7(.(H-G2F5\T%G&DX7(H+/<=6?Y=\>C;%W_IB9ZR[V3!>@M]UQBHBY!9-"R
M1\Y!9/!,J8P/>LMXLA`9]):[[BV?_*I;CK_S&@RZRIT4!.@J]UQ<HB)!9-"L
M1\Y!9/!,J8P/NLIXLA`9=)6[[BI_='V?/6/A>N@M]TX6H+?<<XF)N@210<L>
M.0>1P3.E,C[H+>/)0F306^ZZMQP\4O*%>I:+9=C]DP7H+?=<8J(N0630LD?.
M063P3*F,#WK+>+(0&?26N^XMWSF&'9K4Q!Y??10&Z"XK*A2F!P$WW43NZ-T,
M^J1^4#&C,X"<@\C@F5(!'W2P\60A,NA@=]W!?J][CN4LL7R[G](`/6Q%I8+Z
M'G;4`8'\?$0'NR=0*A&LV`_+JX..6_RU5M#\X'KL$SOCP7VRBM!>1&30>T?O
M'4\6(J,R,NB]M^^]?[3TN65;@45]=-Y[)PS0>5=4**CO<8J>#,I[F\KCV)T@
M2`<<]_<_##ZP$3WWH=N*B`QZ[NBYX\E"9%1`!CWW]CUW/[!LFSQ2&Z^!]\IA
M>*O;NF/0424;MPE'?S\\QX>]>KSY[@81_=J5U*GRO!E?ID$D!Q)>Z4!,X"LU
MW*6#]SC0#D5D,"HPH*A`3S3A@Z<[_H)ZZBM#A%*Y4XMQA];C#KI/W`6&'/HD
M-][2I>7`)0Z,.0PO[:L\=^YNW($8]BIPTX&`@^60S[=W9/=MMSY96>A5(S(8
M;\!X0S]4H>4$KO)J4'D4W3!XQ0U4`<?)Y0%'[+(M#-\[9E6?"Z,1&QB^HP9=
MS:E'IMK.C+F,H$2TY;D;!.[JE'_DC>_:EKGQ%_$MK6X0HU%W@+!'V9;KU`D5
MMA<[J8&\<H)S0?Y%]6J^PP$Q,9EQEJ;1;S,N4SOOCDQ_B*:+>L0@[FW;NA"J
M4!SU*';3-.RMWE-!?C\*OW\)/>-11P'??GS9]T.H6E4=^![*FGL:!#9=L64I
M#O[DLA5S,GY-.^#KMO(\WSMA\Y$^49M,"[#[X;J%MY]H/Q4)GGDU$A^)KP;Q
M>22S<6G;%N&C>S%J"UL>^&P8\O:"JY.Q5CQH>P95KZN$5`-W7883_/JHP=12
M`91VS'ES-&8LR54>!&43^?"&:%JG[4WM>*FB>,=];AJ"O$X;'>3OYO@;D4:D
MI5?J-`6V2HW<E,`;.1N1[AO2*$/:M?NFS=I]-:H,>XDW2A)$NF](1[<@FQ(A
MA]^Q["7:T\LFT9YNEC!*#=(I$WK[1$TK7)TRNJR(XP9'S+R5<%E-WI&'TM\J
MH;)Q@\4#OJ@D1N4M7+LXK[3T`G?NL_BVFUL?B:XEC;/W0*<8\).W_-,:AW4?
MP@Z!JBJ=ULDU$K17!,4#*H&>ARFE!FTF/*5X2I&>2,]>TU,YJ8M4E>#"%*_(
M[^/"U(A=(_(H'Y&>2$_5Z5EL>[B/8-R,R$L,!8QWEHDB5?>#Y?(`JA8B__(6
M/[W:M?H>I15N/6I:`6$OMY[TP'JB_H@X-*C!TJHE%SJB&R:CZXE6"?9.I``Z
M%:;71N>SG0>_:]*\([Q_HHTN+Z]*;A<A\FB12BW2PR@)<CMBCI@/0<*<<'-F
M*%I55L04.;_+TF:&F*.$;[9H6)G(HS;29I<#P5ZU^.#53N![%!^\`S)2/R">
M'ARO_T3'9"M&[63>IN^4G&J4=Q"7WN$BR6OL*3K(-8@+GB;%(B3]1`?/%.+2
M?C2@G]C(\=;[Z5`3K+4Y>L2RM),I^NQX(;;77#]!S#$WHKCGA<@CMR/FB#E*
M&'60Q\H:E#.(>1?\U.ZBKEIMS6"X7;&ZFA-M=\%JCP*!MZ'G4<=X(1C_PZH:
MK*K!'!3BHIJOV%-TD&L0%SQ-BD5'^HD.GBG$!:MJ5/+5^^E,8U7-\:.5V+T&
M:VJ&QO.(.6*NNM^%R".W(^:(.4H8=9#'FAJ4,X@YUM2H'TM#;C].G*XEW'L4
M`_QHZ7/+M@*+?<]=8%D-EM5@60TFH1`7Y=S%GJ*#7(.XX&E2+$#23W3P3"$N
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MQ=.*-$6:JD]3E,`]I6P<'FW8P1E,3V5U*(MR&&F*-%6?IE%DO6$!W%SMGJ96
MH:HZA(T2`PT?UR;'Q.^.,O4HN?'@!KI-[+2WM8*)CL!=EW$/_#IFG3)6,]UP
M;M-27IO697YY!/A;)<#'K:%R3(5Y/AI/K]7-SB`_;DD2'9\EF\PG::/SV96*
M&A_Y<6#R\82QHFJ7`Y$7A\F+2CJWR(5;XM<*,&*#SDPUFQ%Y$24B2D3D0N1"
MY$+4RXVV,M%&5Y-S]%>4YLB-?/CQ.?(8[5W\<-W`RR8EK)]Y$QX#A8[!0,P#
M[>H<Q3'RX='YL%0V(A^JPX?Y(HWC<V*#]1R3T72L9$D'<F-Y9<GQN;'!(A3M
M:F<X<U<-BC;I5A'*'_G_U#B"S9>@Y)DG9;7:)ZJR+;#72KK7\4H)Q+<6-D@"
M7:D^6DH@K@J/(]:(=8,7B.3#K5(')#401^Y&K/N(-4J2MJW`;2D165:@2AW:
ME$`<Y0EBW4>LMT5190D2A7K4*8'WMCBA+.X^M//=IH9EZV9O\->Z\U]_GXW_
M3CSW6?Q#^WM^0^>SZZIT$U]I)GO^$SDE#Y[N^`OJ>=0DED-TQR1N&!`](,$C
M)13^N>`_KJEGN>;9H=',OH`V`="^>-9*]]@3B$=M/6#/"%P.DDD-U^%A;#VP
M7`>P^W;WWM\7M9\#G3%V\B_3>HI_SORXCG>R"0E;TI)!P,Y#=,BB7XC8.+_3
M:%L./2V/+U?'2!NG[X`%O$FU1<Q5/N,I!DW,50R.C_2)VF1*GJE'23%K<.`J
MHM1/R1B.6@\D[*,VT!$V('FQ6E.+'3&F]-?4@!$1]LN(+%R/\Z;<M[U0W0/Q
M0$W)NY#[N'?4H*LY]<A4*T[+4&FAD[$VD_O$,_+:*9R(4RCWM5TY)DV<Z<8$
M$)YI/-/B3,M]WH:$R"GGM6<YAK76[<3,,<',D;L`EW&Q1V[>WH\D/]@/V(+Y
M&5^%CL7W0>:N8Y8,3:K',E\_O;TG^A)F,XW([;O/DK<QXGLP7&_M>K`C=\X,
M/FY<2M_)\R.0W7+68<!>^_QH&8]$9[_QF85I+2RY;S-T]F5A-5L>>=+MD&]J
M1.;4T%>4A(X[]ZGW!`8Q,4/&B\NL&T+NM]*W*0[E+Y/[[`SO,!*OV(GSX9"Q
M;:[T_W4]*WB)O:\@YZ;Y@1>NF*_M%ZSJW21\#?0(<KF;W$+`AT?JQTME_V?8
M(=,[Q%][5`<BLO]?ZR^P2?8[2N%7)EWHH5WR;[9YC[<]&9$7B]KLN(3>$UM8
MAH.8/\L`7KD.$V9_AF[`80S@KW9TQ)@C\YW"ISS/G?.S9D:KXVME('*IZ+@)
M+2*A*9G=O#Q-BZ5L]11(TPKSYZ0@?A\_->-!'ME+E8M+>S[O;#SMCGVL71=;
M;Z!]/&3[6#+S[NWS=H6QFSB%C8D,/(5X"GOII7Z[>\\,OP`,S(S#NMW%!#\0
M_O=3Y#5D[7RY*\L:_'*?7,E]D/OJW1Z@W'<)=T1M_M_E[`*G%7A,HB\I=R='
M9]2<G[O;,Y6[RD[XN9+%]BZON6D_EW3;-;VQ[1B8$;-9@7!3Q@C`WR+XQ]E]
MI4N67'0C\4]U.%B&X89.`,=D:Q%`>@W^\*3U]5$1_U4NDI*#:+(#%))EL&3)
M(1D\R=BI[7?8DN.1DOE.,N/1(1V+$T\R>+ID9I%L,_U;:5Y16PR@"#W\<:'2
MV*$0Z*\0*+914>E<R':)Y3[.4-J.8EZ_9,Y3G+B2ET<E*S3)4M11^VPLAV0F
M\S0`1"OD/C:0[%A)7MY'R?+E26F]"P%JI0UFQ1U=R<RLMD#097LOLD,VDI6'
M[`(^2_8")7.?-:@HT$+I`)]DNTIM'?XH6<8W4"GC8ZF,U%(9R1<Z9%<*Z([:
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MG$9[87SGQ(T\=LI`Y81"#2*H)T2J:B35A$CCQ&A1Z#S"'7O=AXO0V1*5DIOE
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M9+:HOCT>7D.X(RX=QZ5E8Z`SN'1=PARP?#0!Y)D`A,!TP1"F#+(56$\ZC(4]
M]LT2^7;H@:T-RA`KSOFM</(]X,-*1U_BRJ]+1@IWW\5`TK+'::/+R^)PZZY'
M'I"TG+17%]=(VCZ2=C*NLO0.A,.0JNQQ)U>7E6Z4HYZMZB+L1=[ZB;3MAM3D
M<M<.T`6IY()\W1*#A!8";O!(BPT&5?)&&@T45)=C@X$&8VXML`P"HX8MUAU@
MNBYD,!QY['"D3X/`IBMFH?K$=081G>R,9S.;G??1M>D,_MKH?'9U['9E`\9_
M-J[FVB/Z$M$_[5FPK)>X]T'B*Q=OVDD!M#`K69B_T:!8[$86EJ,[AJ7;8&\&
M7LC-3Z7MS,X$5Q`9C*X@,!AV0AF#42=%;0)"B!Z0A6YYY$FW0\I33PO78X`Y
MA/XP^.`-I:V!/OL?6J7"ICXX(`J!?S+%B,?Q./_83<0&#'VE+F(8;9(8XYX,
M+L6@7,#IY.+@46)H7I:&G"SGB?H!A)6("#L1C]IZ0$T2N#M'%1S=M$0GL//(
M8#P%@<%`$\H8##0=/]#$*YI/@T?=.0WH:NUZNO="K-5:MSSUDTY]=CP&E^;N
M*O88YY#JZ6$]63?8'F-,*.I[$V#"BB:9]^=$5T^8@&FX#F^:RB-+W^[>8ZM/
M;+G7%CY],PT0G?;0Z9=Q@W+G50,$6WVV'GFJ4/F,&2F,%F-&"G%1!A?,1_53
MPF`^ZMA604=KGZ/'-35!L.KQKK&<(Y?WJEEMA^254\5Z4:G#8*MCU9"VM2OS
M=U=I(G4[3%WU6H,B8>40MII('J+"S4T#;(S`39;/3RXUN07TANHS![<@\>`&
MNJVL][#'I,DR+C3=<&[34C:<UCT8$KFP>@?E=F`YJOB=S68*BU]DR,$QY/1<
MP4N>R(Y#94=M-)YJR)#(D*HPY+ER%[&1%X?*B]I%)=&(QN/Q&#(70U"!)QL,
M-UR<[PPI98(-/P<ZVU'R+]-ZBG_._+B.E[4I1E>ZMV0[8K"]T::<TM%O!#21
M5K<MAYXFL0P9>^;_?!9/G+NV&?V=T\@*V`*->"&PS#?CY)T?(*OYC6<U/Z\#
MJVRH\;K*KL>%+5\WLN'RW3P\4G+KKM:Z\T*H38VH>8!'#<9Y&TE<@WJ!;FVK
M[@H>V:<?]2=*YI0Z^:)QB__;88]G>)%G*WAD'Z=$-UV.(!29\W\;AALZ@>4L
MR3)D7W4,"EGCS+.B#T,1^HCH*Y=]DM]]],\Z3X6%:]ON,^R=GR>R]J@?`4N+
MI7,'OEZ\3N3??2!+AKR68]BA*:@5I&SQG_IJ_<M?KR;:Y2]^GJI^P/XOZJF_
M(.Z:>IQ`/J>9_%6_4-WS"778$N4^6/(ZWU&#KN;4(U-MI/1")V.M&+>J]<21
M_!46`QGU((1*%/;8B>25`LM+?F*IE(7W/#]:AA"@F=,;2=)GW8_E>,DMG40D
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MZ$9\J<`2?KB6OXR3LB*JS)O:UNVU0N^U<E+'BJ.?7]1@XCW"XN<%[TKB3DDE
MR16KBVH;>$W)(,MTBV4JC1HH89GZQB9R3+<X1JMVPT:Z0=)MZT@=F^>#]8.:
MIRL]"#TK>"$^->`'BSWED=H;YL_IM[OW+9E`9=?SU#*!FBJV.2_&:X]^V$^T
M\:S2G:O6K(I!4>&R-A$:T=.#HL%YM4G@J/A457P?7=V!:10&M9YX3C&GZBKU
M#^RARGG]^<5S-C!]T#Q$79?6DA'JORSM7E6`/'G\E?J629T`RDE6KA<L]24E
M-@AI=#F&:&AI5]5:M/11Q2A`A7&U.9@]U&+=(P(JRCXKRL]038Z:<;#BH%KD
M'=5B$R0XJ.0'=:+,.%S%)F"]5XE=CL,1CZY#SWC4?<KVL5I90?E,.%1O_3_9
MU3K`H7IK0KU=UBTA0OU6DP37J-SZH-P^4=,*5Z<!]5;$<0/:EDI3OX)T2(?Y
M`C7:D2DP5;+`<4@4J#;J%A6:H@KMF^Y9O%K"@MLMU`\(I.R"%Z'=BO?+T6/K
M_=&>7%0R5E&_R2>!=GZ.)#@R"<:7-37</NVT.JGBIKL:.'!`JQE:VK@AY?9'
M^I\JM.P&KZ,\0(P:QJAEH79]1)FF:3N$VNS\XJ`!;Q)ZS%QNCPB14_*5KET/
M^J)!?SO+(;QQVI^A&_Q294CJ'G/3DN?"4SZ]O;L1+=JFU_LV:"MIEJ>,NSC>
M.'3(>3LY;](FY_$K:CWB/FF=2V<EC4M;[1]9@/3`QXO'/<I]7+&S0ZW'R>ZS
M)_=Q;G$R3:WG27X<=!B5^\2E9'H$<A_'3KAD;B:>TL=#,C_+1D_NXPRE>:^8
MD%1)\$G>K&RE(7FWDGL&6TH?6LF/DWQH9<M/R0K-D,UZ<\GX23ZXSU3R^AP4
M5'4,EJ5D^TSMP[O4E6:60?DNNF2M)IE7)(/W)!D\.U1<L$C6D^:PQ+S2O"Q9
MB"Y1::AT<M4..*R49F7+D1_PDAQU*!DAI1(W2^8^R?15.P(DV220C)TM64ZM
ME68\V7)`,N=)MKW7BO/*7+<EKU!M\LJV"5S)HD7MT+?LI)!DSC-53ZI)WK#:
MB0U7Z2`+3AM4=(&JQT<:&(:H]$&1?(S5#D;RCD-0=*7T*AW)-%$[6%]RXPK/
MQY$X[UER.%>RMV5(7MZP0NMJGS/9`<DA'5OI.3:EPW-JYX@DZPO)P3[)(DKR
M*9.,G61/0[:N55I^JAU[H%@O6V.SW9A9']U1JM;E8/->TZ[;D-IUU<>+K^SU
M='X/I=K:)SN>;>PS25Z;36N/"-]GY&ORGG2UU1FRPB3;&WZU*1N"(U7'4$LF
M1^[9N4E_S8QEWWU'-F&.RUW,,3W/S4-NC#GB]QR5.78VM]UY(1?%TB%B:5<+
MH-E5RG7R9X7SI[?$:[?L0YYN!&&)A]3,*-!]$*AP@5Z=E4S'32YD.NX>(NJL
MA$GPPZ>Z[D6>\RJC$5!DH<A2824HLM1=R7%%%AJ4[4MGA67NYS#P`QW*E8H%
M_E5Z)]4_(WO!.3WHQ=/Z,^@K0/I!MXHIF':Q;/7YL;CII6&%1Q>/+A[=)@V,
MO9AG,KEN/G(9OZ0E9KMS"'N8#0VPCA@>KNQC-A6,;5-T?O$LQ[#6A_B91Q.<
M#</?KJ#]!AWEN@#^;-)*)B)^34OPO[,6"^I1QZA$`Y0\*'E0\J#D:5[R5.NM
M?H@%62WJUH[MR.M>RD#[R*\">-2@UA.O;<DU9BVID%&@N$`VP!6\FMFXR87,
M*L0SFVTQK@K>AR<;7E]&U51#[[&NDSS8`^XC!N64Q!ME"<J2WF)]1%E28WI.
M!Y*0$FV_K]2W3!CZIMMDY7K!4E]2PN^&JF7VU6)2B7C]K0HLLP(K[3-`99.7
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MMM10-V+66V0D!;4PR(VG"D]5@Z=J$-'<;[IG\?BM!:TEJ!\0J!`-7HCC!K1/
MJ?PC^\3J>+K3T?GN@NKNR86C^J^J>*63T>SR&NDJT]=4R(/41MIXIP_9-1L0
MY7$BCR^OU(L\=I*VBLGCZ3E>-NRO/)[M+IC'F)ZJG@!&'S#ZH'[TH6OV')XJ
M/%7JGZI!Q/0^4=,*5Z<!]588QNNKVSA1L!BNDY15RFG4KC$4T%>7<8;QNUX*
MXDN,\O1/$$_&E3I1(%4[)(AW-QG)N`@_!Y`:3_YE6D_QSYD?U_&J-LFSTKTE
MVU#@KM_,.#&B7XCY#F\@G&9;#CTM=S\.W&_T#EC`F_1PW!<V?.#CQ>/"N=SG
M%1V46H\+Y#Y.E_LX1^G-6DIC5YRRH]+C7N0^C@R*%*0X]%*E[4H^%R5=4GK,
M*XZI]&XEL[*KM'*4_+CB56^55B>9460+`;F/,Y0^%:%D&2"9\=264&HSGN3-
M2J:L9%U6G">M$BED,\I2;8%LAI+)(1T_I>&3[#L^4K)66A2HS2R2[493[:,K
MF;2R78Q!F1?OJ$%7<^J1J392>J&3L5:\NJ+2`J4[SO(!+`:_50+05=LV53M4
M()O[?")98TJ6JI(]7LFKDVP>/"G-*Y(S0I+/&55=S"LM]+[=O1=UA,2C:]<+
MJ$DLAP1@[D,#2--REH1G2M5&6;8L4WNWDGT[R8]3VQ.;ATJ#AZ);'5I(MN`D
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M7>X>W_O$[T'^$>WBC^3W;U\^41WV"UMYJ_N6S]\0?^Z]'U@K/:"?%\DW2K`2
M#_\+,:G!/FW[__67TXN_$,O\K[_<O?OC\NKZ+R1T+`'([_?O_O+?LZEH6Y<2
MX%54!1'8QM]\L!S=,2S=_C74/9U!37_U7-_O%>RWNN>]6,[R:W0MY6;EADY0
M&?GK\2;RVO7Y=8S]#C#S+/_1TN>6;046]4N6\)OK>-0(/0]NRR`1BD30-HEP
MH5V,-P_`_ACO.@FWE.U\%Q&F"A(A^?$?%O5TSWA\^4B?J)VC1?*9.V<=!C[_
MP/05W">;N%]JNUF?HY=G_7]0VWQP/^E!Z#'4[H$&>1IU#6QITC[Y4CQH\RZ:
ML\GWS"!Z^W)KZ[YO+2Q##RS7^;P0:.3>6/KEER\>6X;W\I8ZE'W;8C^^0NKI
M)JDG%^?:YA%[E99YTF?`3"#[IQ4\_NZX<Y]Z3V+9P(U``,9)ML7W^34^J`)?
MWZ?!%^I9+E-NAL<>11E_\/_/L<Z'KY\__?%_=6<<R<J'S[LE9PP@4YP@E?S?
M('?QT=4=_\8Q(]8&T17KS[<OZ<\/+VN:HP+_7OKWQHZJ4CPSV^29Z?4FQS3.
M`GF.^YT)>=UFAJSYJVXY'YD>_NR\8]][8@]E=E$M?@$ADB'DK>OXKFV9[+";
M]P'[7]B:_WGQ><WH"EOP$]'SX`9,1K(%^;`BZK,]V*$)MMI[W7/8)OWV1?OY
M)NVNQP63\A4T,VHT7L#G->S\9KGTZ))!DOQ^XWA4%?DFM?[XR)YH-\?+%P4[
M[T*;Y)1=Q3UN$87BV_RS($UO!&_[U^-W^HO_V?OD>O2+[@?OF.:*W_#.6BS8
MUARCLF,D#[?D:_?&(S5#.ZO@/B_NZ9H9``&-12E3DOK_NMXM^]72]5X^+U*O
M)#D47ZEOF3!06K?9IH.EOA0(OD*GRP*=+@M\*P?L#:?U2;=LP.N#Z]WK-DV5
M'S-JO0`.R:WK!U4I9'%@_M@/G[>Z\9V:OP'SL04V0IE$I%@_J!DI>K;'5XAR
MM4F4\UG!/=T/OU2F;'[A-ER%-A<\GX-'ZCT\ZLX#73&_@O'HW6K-M@R;@!W'
M#QXF+8JA@JP4JX_J=@JEG^$><%Y[L$V+5X':2S<JB4B)P^FN5M0S"G1*EZ8*
MH:[&Q<C"+D(=!.X!M`(MWRRMX$!]<AW*0/6^TV"3-%OQ*@0!JB*U:VO2A7V9
M&=,?WBT$!J:J"_Q#Z.'!RYA)0.<%+E6!"`677;*,?YV2<@`'@<"<NS4-0MT&
ML)G__?[/,!=A>`6*@B>J%6(7VW>Q[VZ9QQ=83NB&&S+EB^M;8&?N%=&J)B<Y
MP;C1*F2!.LQ7\!\UK9B2J`_E/AKLM8=I$Z9N@D=F\']TG27#,[;UA3?>EF5B
MPRL\L3S@\L]SVUJ*2($Z9"VXP9,]K9*&B""#_A^I[X/0BY?0*OW5/L4%;[HV
MG0\$.Z7SMACS:R_.//EC]63F5H0*KNUDG`L+25INJSJH1#5OW7_!G9S.SB\;
M$_2O)1KNG/+'^/_#3`<KX$9.)N<7`O-_7B2?DG>DRY?Q*_ME$%E8S]1^HN(,
M;)QW?I`A@^!_7FPQ=Y+W9)[XP5H$E#K,4C+82AY<]@8G>/G`=AS]JGC6[W[[
MD))2RSJ<T:M>^(EO&/7&DD(/GN[X"^KYGT-FOHJP]XX0_S07XB^S3UN+OU]I
M!6]6N[YH,'E2!E5SR;J0X:3[._,MKQ/C8'W:`O6*_F^3B:\8SL8(%J=WBHDI
MK0$2QL#_?L_S9I!N_>)"X8:AV_?AW+2>++_$*FZ!K`6/^G32(%UWH-X8I>]I
M$-BT:-_*.YR58^6]3(XSF`JU,PVR4H:LRK..E+H+X#3XSE>ZCJ0CA$\MX4P,
M@\$*$9BKZR;++UYGL4P!7O0Z\_/&DVZ9';ND67LR%H(-ZIE/U+3"U0/U5IS5
MVE<KQ:#*=D+5`E$YPK0(<B&4<:J=7VZ7N4W@7.N0Q0MZ::#43?'S48BQG#;D
M"KV"<=?(VB*)"F&@TT*"I4420>#M5O<?F<%0FDE.@^T?7"_#]4N/EA@PAT<'
M)X4<_B3AW-IK+"FO2X,L_Z36\A$JZI_8$T!(_8OJGNR0=5KKEY.67#R((-@&
M99.O;RSOH[78+(G]"K(U+X;T']8J7,FPM&`)MTRB6T&F7+'(X5J&DMEXS.J%
MH\E,]K/KC>*_URC0F/5]4*E\BR7.L#Z^]@=J/#K6GYG*^_\)V6M-P?_,RC68
MQV_^;^BSWS'.+]XA\+]X[A-S(<T']YM%MV?)%+#!)X4X4+9JM"DNR/-8^4ZR
MU<GQ+1QQ^R9SE.OD"*XR*!3")N=1."R+0HUUII(PC?P!!Z>'6_R*L<O-@CW]
M%KY/O;7N!2^_,;<%GNF8[QDE3<96#%;@#TD)DDG!S\_5VTE<<(D^R#`4EZ=1
M(H")(XFE6J$=6$QM!:YW^^[S7M+_-]=94V_A>BMVM.E7R_^NH/"?96B8=:77
M#-"__/?X['RZ(?JW@RV-,@T6C>VF&`@>IL=>ONI%!Z"$6)9S1&)=E!!K<JXR
ML2085`<<J0T#Y4C4NI1%K?1WF3J)M]1VG]^Z[G?Q&,&7565?^WG920:@JQ*`
MM`B@_?=\]!JVJB`FIFF:QMNWVF]2<$:UZ_,CU9XU6#V=B'A^X)AD9E;!)]<U
M7_(`BE^]U74M^LAAQ0;IXW:ID6TDF18<X6,49S?.W'N1XD8.(7:6'V^E0Z&L
M8%*\UB>]6D<]B@B5";\O5`>T(*"F!;>P9^B7W2M,C)P[!W2Y5X@CQXX^^WO@
MA3GCZ)^>OE[ON.G0DA`K^+$5BLB[HE54)1T\Z\:V^3+V)EC!]VY.Z^RZ.B&$
MD"AP!4]JZ<"STW*.K]0,#1["2A=R[]IFG=3:5DR*A?F%9$H3>\FCE98T?]U(
MG3WPV&+<&*I.^B.SYXN__#=TI8J:4L&/8N9TU/IJ#LT]O%,#(NYKG[Z)?_AE
MI7M+RSD-W/6;2=KXBG_?B[_\R-VH-]?Y/YOQGY\M,WA\<WG._@P;.66[73IO
M;+H(?DE?ZWIOWMI,%OVR8F_+?"-]X,^!N?799]4??K;WT[7)]*SZZI-O[?>.
MJT-><;7[#>Q;_EIW_NOO5W\GGOLL?M;^GG_S9`9DC=XS=X/`79WR#[SA4<>-
MOT0OSJX3W"_J[5ZI>$FZSNI=UZXXO?B_GP6[S=F1^D6\[J_B^$8O$'F>]PYT
M*6*G@\M',M5&Q69M.SAJ@QC[;'([+7X./#5.3<(1DQT<H4VUL\EY/:;8@WGC
MM[3$%7<.80^S02Q7881F#^8N,EP($16]B`G@,@K`KV/X&S[#%YLBLU%R@4([
MA$[[PU5Q^TA3&32=(DU[1].)FHI5FRBO6:MQ=$LZE?>W+2/U%\\U*#5]LO#<
M%?&9TWA\35KB!C0F+>J?JZW0_JT*D!?C0W?IP<%X17K4-=2W[O'R_!+9!=EE
MWSUJH\O)!3(,,LR^>YR-+LZOZI@B=2R`KAHB"ID7HL%Z''8F2V@&6AR*H8``
MZ/*Q5N6P7B@IVI&R]5>NII6'E)5@D5U7.K2H7E56KS9/7^)1[>=1/='.?T+:
M]I2VDVND;5]IJTTN*Q&WGTH6BSN.<0(K')+7E[]Q1A`=1*<!=-H2?]/^NAAJ
M\9Y4V=ZS<XG8]`";MB36<<H*-6V'R)I>5\95?`6![2&P/_/Z\^1?A6G)^];'
MBZIZ<:OX37KG]C<7*O!U6W1*J'=W*G.3EP^U"SS="`K-/^+/+O30#NZ?]?7&
M-8_W/YA5Q5:4O8_U]N57SPW7T,P@?WDX^O-\OMD(/1ZC]S;T+8?Z_CU=\JL8
MR??Y!16X`9U.V7OEBDAQ7MAU<B'N%5SS5QJBI5O^]]);W)G1H8?2XP`,]180
M+.F`OG&?9']H:O/SKBXW^_!S`@$U@8LW;RLI2H)B$_;)U>2(7+R+"FI"."M<
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M)^C()J7+:]K,B[W]CHGP_*WL2%8[RUB<5Q;[]XR)C0"DG]@`O7%,?B+%$>,7
ME(5>>.5,%2_)SJXV.6XG7JF(BSX&A.!#%G1Q.Q8:O/&O%G;]>7&OKZA`L1NP
M_W[_)9S;EA&!OB_(A;;'T:&.)%<MX#)]@3RZ8A+=APO*U/R-!L6.@LF"8W/0
MYWS#U6C&7)1"C`3-7ZF[]/3U(TPUX$CR%HS>"T-S*V(%9V5ZG1N_)6^OFU+2
MM)B"L.8A$ZCQ3>]$PCZX7W0OL`QK'9&C=/R?I/OKL^(LX<V#>>!J4Y:))]1P
M-ONH/_M,;TB3\;F9.[.LY1Z_*6E34+J./&4R4^,_.\RT9CL*+?]1#&R$?@JU
M&@COF@^>[<PH_OS^!\RI8"O8UCOLV]W[W2+A_'4K_-4-;[1EB(7$^Q]KZM0=
M.=,Z'@4K>SHMZ*'"%C=ZS.XA`FYMW5HEG97OF77(^[LYP:V[6KN.$*ZBW?F-
MP4P,T?@->MT6/)FJ+,9]O=SK,_,;?!!.'W7*S!FF5U]K]W%>[+9:F#K;/!IE
M=C/LA%MB+F\"PVB5^J5OZ<+U:&*^4I\QM:>['F,<:+P!ZIIY`P"QY]HVM]4%
M%S5A=)X7+.V+6:')38-[RC2_6:\]]P=;8D"S7>Y$,_*H86J0Z53^X`9,C_+?
MQ_WZ#P^Y;>G%=SXK:U88M921NMZ-CK;`>!Y]9*>;>YX`:]JCYA^N#4(F#A#?
M>)8/GF4(G8&%S?_92;5<8CYMZ>\2C6&$KK.,<DUH\/."<9US6(^[X9*F/B5K
M^<"XFXD%X5@9+]P\M3GK[UC4;C@//[(%,_JT.&E7]D:*1@A\]K-3%A_Q?X.V
MWC2HMWW5O9GS8B*AS'39!Z9-#1(9#4*[=P-#68[X><':U\8EH9\<0AD[7LQ0
M2\S%DCYE6:$,/>_%>6"6&U?OC8B_0K#^(B?_:B]ZH_L?5S$E\PF2[O'R>AAG
M@Y_O-AL`ETTC28PLWE,XV\RXZ)$V,1097K89(-W-D!<%#Z5@8KZ.>)Y"O]'G
M:+T@83W783\:8L0'(ZZP,_T[)_L9BS'$VJ:^Y#YI%UJA3]HZ3H=OYL`SK=&T
M*:\NB7XC^G>\F?'?,=N.GI97T1Y8.%SHRQ&]%A;U)DWK0_">3-\0F$?!WI."
M1_((%\N-UU6V/COFSL7?^?UDBQF3EK$%"X&!_4)N3'?-O-,L&DR4.Z;NF667
M3=5&8H^-"QN'<`^$G#RX:\L@E[-QL<9<VCK$>XM82G[!?^JK]2]_O9IHDU^:
M?A4S27QP9D!M$W=!=(=DDP\`+HG2#^2?S+8D.GM'0!(3@O`9<7QT!_,)GQFK
MC=A'[BVV)MWCWX8/C(CKL5_#/T6:-?<-\IX)ZX"1\.;^]\:Q!:UWJFDE%Q&4
M/0_;N%\:5N*!_S=D,H2Q@-RG,KSE/G`Z(LS;D?M,DEAAY<+SK0ML>A*?R\GX
MEP\W]V^3?VJ__$0LWP^WR=[?UQ`VS'V?L7KNZQ%;CDCF,SGY)G?#D;24^]#+
M8E.[6L]CDER^(%1&[,G=4"Q$SS)<14">1HQ%//IG:+%=DW7)UA_>$MUG*_7B
M[KXD<-D_3;J@'OL=`>=>![N7/$=@?/Y(C(W=^]'NX<-VNGL>&!"[SWZ#4"'T
M+0>.,_%UQNGPT1?*'L$.#OG?T+-\TQ++8:N#3[&%GN5V9;IL1XX;$)V7!30@
M&2*F$&AY9)6.*@'PP-#T`ATVP=:^3@H&0L>DWM:SG+55,N2"76]N2'=>V!)X
M=VK^"C-Q-_P\$L\,(LJ_PUP=R0>;D4PRJA:XDM:*;UEWG)`)WC4//A4M]GHO
MFE.F.B%#2)C'%.K>"V$R%ARE,_+`&`IB9@"QW+>R(_9DN:%O-_!@.+MR'TJ!
M!'(?^0(GU=]7IK#3HS.UZ9D0,"+/5O"8XVQXBFW#:8,T+7^P.!'PP(+L\`O"
M@\N8YT?+>`2QY0O!PXT(C^<QX$?+YTN(-/<ZZT.R(V=NB)B8;1+U=/D+3SPF
M"4*RB.T)R>SLQZ$Y)NCK&;#C@OEZW:+QVMS9>]0C^1DYP_+?X`+G2'ZFP_Z\
MC0%!]>D!>=399@@DH#RP4RT&'N-&=JRBXH42YNL@N]2,@LAU'W>O0[PW8_"_
M@V2@NRX//#6]CKH!GE8)O`<]-RWTU$-+TA.)(349G__$Q?X7SV5F1/`R(E^:
MCB/8NL.4"+RTZ3=!72MGJGB[TXLV8ESMQ:"^TK7KB1,$11:\WH")L;3>@,.<
M!MI]X`?V3V9NZS;_1UJY$7DT(@K>D2.Q-;YSL_8L;OB`P<HM%@)QAR36((RD
MV>GX*A<WJ'!T))LG90<Q/2BEC'S:&/7+7&'`BH@\FO`H#<_B"I4P2Y#9INSG
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M['0;^FR!U$M,I8OQQ4\BT2+`+FNWI20:6Y7D)_UENXJ4R^$9V'(*MS(%MJBF
MZZP0SKB#R]`2L1$XTG&4&O[@Q2]FOX?O!%#@M6!:BP&R=$'F@`R([_CPY1GY
MY1G)\D+'ICZ\VHVJD,2G=$^$9.(XK<'D(SQ>>,&Z9`LBV;(?)T_.<OC($+>7
M0MQ"R&>]MBU0:@Z/4P6>ZZ^C9T.HUS5!V9H;?YGKON7GHX>PJB?=#D5J`&"*
MO?-%)./8KS/;Z)L$>O#TIGT$SM9"(XL[6`!ITR^-3NS5Q;CI-[7JSS6.&S/I
M0X]9V3YE['KZ20^@5O>%9*]YC4CZH=A!<9;^J&#LI[JJ?M+^Z+KJ_X8.W<.?
MV\@#/T12?9/]4_;D7E1]R"7'2863D55U(#2]=!'ZTJ.1.PIK2!*(F46GN@_D
M-6A'L(5?LEB!>1C5<V[H3:X@SG[*O!+`6<7@Y-[#'N)#`1\\WO4\]QD>D'D6
M5QGP,,8NW[E22+:QB+'<]D39.:V2]9WE$(G,B-37BWU``38W%U*F$@^APF-@
MW@.??B380A@<R4YS^RM^;Q,_/[\J2;Z27#3+3(%UN;HO=5?$OM!=V=M8`!`H
MXR)`\O0^@.K6[*^2Y+A6G'?29:7;_+L:?L%-7J[>/S+/X/0MDPHF^:*_",'"
M2V6`TZ'!1AP&:GQAO)SDB^<^629[,P0[=/*%>FR5*ZXY'A@?TH!Q66B;Y"TE
M-\:CQ1PG)G/@5A!?[U<0C[X5T$B]4B+NPC#S`QPZGW%GR/>3Z.SWS&F"UAKD
M#I2WSU[B?R<?7,^@6?]:FPS&9IGD;);]3_E/IYRS).=3#^#3)OFHW.'7)FEL
M-A#O6V?>%XCWB;^(MB<$[C?`UMB2?;ZS.=_96NR,Z,^\X!"4&O^:X<K%%78^
M!QLKMW,(I*[6MOM":4ZW>0D:40PB4N_B$1O60W[O3"V:/`)]EH-+A@EQL3O2
M6AX=*)@$DFTZ;F=M"3.4VQV3SMD=Q[XOD+L6EWA/&EX8J/(J<9LYCG-EZJ;Y
MM:A(\F3_D.FA)C)HV4X*[!\VE')Y[`U-KQSJ>A.W-\H19E1UTZ\O&0\MVY[M
M2@W(]H1WN`S]8!]K8[IA;6PYV:?-L6L9.V75?&>$RD9N0YM&FL\7*=Y(4<A]
MFT#3R*.9QE&BS#'/0X.5X:?K$-_\=O<^2FNZ-@QM3LBGIW2UA&$^YV7\_(]6
M=($UJCIWT]A-^DUA;7DT2:N*]Z>?LU,&.9-,@TQ.0;)YL=)?"+5Y^:H;U[!S
MQB]!3C*E-UYC;YZO'%U?XPBXD+Z$PH!,&;YN1Q?/F=6T%M8[ST1+E^RRY;AX
MGK#QMFTH\0^80'[<1K%7,.9U+F4H2XZD;:$9X[AYLD$S(B&L:>4R)G3GX!M`
M^Z1XJ0O=\L@3;^L2_V;KEG=\-`L"-_@Y#%'I#V./S'<S%W_88FG44NR,_+X&
MVS^ROD<\1QC7*D5[@W,%TA*J7"174VQE"5@BE+!'=_OW/3Q6KN!'[3/1AI^W
MP[=2'YSM?I_L=RGG18Z5+TOND;?WJPOGBIG`!A,_Y.0^G`=QQ?7I;/S3FTRJ
M%M#X/;X.QZ6N/G?#(%.-FV6<&]$8!'@WZC!&A9F7>V-G;.AM+VC1O3QO/UU2
M_\I\,X?Y$/]2KMS<\%;/*]=GGQ[YY&T)6)^G!BG;N[X4U@E8)*+^B29UT_QZ
MG7"DXE`NKT:#BC6Y6,=.FZ=;S*'SPSG4C@4`I^DRU"(P@-0EU;YZBH:10V/I
M1O85H"%BPNPSD7]!XEN_F6IJ<37:"D`]LX_-N4G+%Y:^6E0W,VLX=,2?P1F#
M&Y!0,SUGIR8MX65?>F&?Y+>&S3"IP7,=&EV13G(.O+<`?Y%D7'/F=*K2.5%%
M0.8LQQH%HXV78V2--0:#Y&((1B3)%L\[:O`6460:FY%Q(<2&W<EC#)%9&O^.
M<[T@S2O&I_S(07F:X'R/-('<M1S37+SN3M*AS:3`#=0#17=)W8@ZV67=.+K]
MXEORNHR\9@^=GXZ[GQG_0.<>]S>%/7&^-5X-N]TO7MU!UR$*'^_)89)C9UDK
MI9%X.)!NGZI\([=;QA`V]!%/(B],443-PB%TG09B^..I;:TL&-@B7@$I8"N*
MX>0?NW)-:G.]DWLW?#W@10!>X%#/?[364+Z7+CIC@2VX"9;4JJ>WW!:4L@=8
M9MRE0;).L'R^`?T[7$Z`]R45`<*B\M(;8F!]/44MU9.0/6\2`=CE-A9W1H&=
MO^1!$??8Q'V^A"CPRS73UW!HD[R`.,#QP[/WY6(KSTK:2I)%R`LK^8@=D1D`
M>HZ8=C7H.F`4<BA$!;WO-/KLB`,J%\THX$B3@M@\F\0XY+GL:*43\B]62+9S
MRZYI`&0'&2,[]$_Z[>)$2!E=0O-]1S.)3$7;PR8__L.BGNX9CR^\G7JN5W&F
MI?HZ#'S^@4E7.LYF2/!*V]GB:(.+PMR3/0FZ,1XB_N2G-)L`+=-_=]+$BX"6
M/8`YN^P%7(@DCWL+IY)GRP\:;KF=7;XR&6I2[JA_<KU@J2_I6]WX3DU&K)LE
MM"N7SSG3C4=NF]SQ5O!/<JGV\Z)D(DCIEU^^"/7R-M4NKY"^,)*AT-U=-@TW
M^Q,'Z<0'*3.0V'OSZ(7!YP4[0>$JY.IZ6[?Z'+J'/N05M`M3U[2+3;AS@!SO
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M13VC$`5*)_P-PMJZ+(2!)L7AII*I>KS8QF2'`HY#K3#BR?_H,MT%,]#B6F9H
M\VOQM;Q]27]^>%GGHT?\>^G?A\%"Q=C6U563$DIBO,7//SX)XQ_$2=L=N7@0
M9J/IB=>T2#$H)HM&.U%LXK0G;R@JJW@P>U>,\D*$2SN?-625[X%:H\1J/F`B
MIMT<]905@EPSK:$P5QFNZ9#26]U_9`KL$Q0&?.)U`:EEDWHR'UPO`V/:%JM:
M?F`K&(50SF22G4E::XWI5DNRDO_DB7!JWCRQ)RP9F/_B(SJD)1&Y2;PCX2HF
M_FZ2,_GZQO(^6HM-4^$K'P.?9<:-[\BP`W8<F2Q)M0Q%LT&?U0M'E8FL,TT0
M=&]*2"9>M8*!(Q#OD^58JW!U'*)=C<N(EHR8KTBT6(B5&X_96^M\Z!B35C<K
M,*RCF^\U),M59DN%Z,=YE!C*RMG#EICR9@IPIC1C8[#O;S3XO+CE+64\7@[&
M?A%?D90@0J^*OO\T*T+K++'D$&84$F?B+\Q%ABLC2XD%&)]".["8H`]<[_;=
MY[V.W&^NDVG2\]7RORLL+F<9ZF6]ZS4#%H[=^73CW&T'71J%&HR/[*8<&#",
M`B]0G+5IC96(2?U'RV(R2ZQ9";&N*]*J[?GH";F$*07_!^,NGG0;;*2F2LW$
M[D"HI*(4ZE%WV\97!0_T^G)39%>=<I[<8?LU9+M@@%)><`=B(FF(SKC$6B76
M\H9@`&'R@=F4?`A(Z/`JPGICS\N9ZZ*$N<;:Y23C%32QE52")`\#SR\ZEKS4
MN2(?)LP47YYY"YT5J._?TZ6H&XVYY/?[+^'<M@RQL70WKW!)P8/*:[QM^Y"_
M4]@#!/1@IV&ZK?<_#-CMVJ/Z9D;^=4R^KN805_P'M5T#SFM!*"H0T+LJ9N"O
M*I!`C@BL7NW"_$1V'IQ?834._!52=/(#`%H30C5YH?6#FE$7[5>K=Z\*&?C)
MI!#3JRI0VZ;:<;*J&8N#D07"^#Z8S?.`G4G0GQ!4B>V<W#,SU3A;,T7'XXCK
M0HK_JK:&;8LACE/PU#/Z%]SBJT+P467Z5[[*H=:]"P'5*R0J./23KE"H2[[&
M=2&O?5ZXWU`59PDWFVI%F3MS#O:^?W1=2!T7JP\.NG[4MOO]^_V#QR,#+^Q@
MI!9H\W?0CJAKBOGD\T)Q?KNBK%H:H/)%L*JVPIZ%14<D82'Y?%U;&:52(,XR
M?W;2W_U&`RF)^?2)3+X%7LCC<9;_/8=%UIJX?];7&[B7/<./%_WVY1_47/+"
M'UOX(H_6.O=TQB7B.C8HI(U'B_JX)!KPT14^>YF[^OZ'Z`W)F&E#W"?QH,SR
M7J%G(712O,WY*GV4)6=<1#,,4FZ[!7$P)6^>=,N&*`U;+93AI?((9%GZKZKF
MBP)BK!`'N="*]\3VW7]G;@XH'5<Y?ACS>EP(AC19V=KF;0?)U8FM15VV4JH0
MMI@T><VS^;)$,7R'J0YP"B@C"___!DZ[$D5OU^-"3*,8=FP%83E$35Z2G&G>
M!*!+E[VNQ\6Z?ED4V0E/FH4K^>O#HT=KG8*MNRV6H%\G1;2[%G/D*O)#TB45
MKZW`&O@B'ZCQZ%A_AC01'&_?/R1__00MOEJLN\A1KQ!)F,B[A+)';3HPR&_B
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MZBA%GA@UF4`I>!CQ(J%KK>OQWT??B,MR0]V.1SPS_Q+&0)AIIU3=/C2BGE*Y
M<,_\$\.!/_NMZQ0.EM3*W*L,_@4O^_HJZJN7-2_:`S9/4&XHI9A53F3L,NBS
MQ2?BS\RR%8VUMS'_M[OWNTTUK9A`+T3--O=4LN.#[E6UO]FB6S@I1*0R^\EO
M]"N%?MAL-=$UY4P_SG?<EPHJ$GOK,@N>T.3JO'`=^_7EY)<?UX;P>?2'!(6V
M+K=XP79Z7FAU67Q]?GE?/+J@'CMV_`-\<'WVN-58Z]UO'S*+S;HF?(@\W$),
ME_G*,O)K/L3EDN>Q;Z/'I)!R*MYPR?M66SUVF=)+TN8*69KI9<)K._=2<[M'
MHF4AJ9$Y6GML]_6\\_TCLY<?J+?*"/B;%0SZ_#>H0'^G4%-!J$\*209M,BZ6
M61X.0![)7`CJ_0^XPOK_9^]=F]O&D?WA]Z?J?`=6]OS/9JIL1Z3NSLY4V4X\
MX_/$<4[LS-9YE8)(2.:&(C6\V-%^^@<`KQ(IB11!$A1[JG9CRR((=#>Z?WU!
MP].=9_J87Y`E2`QV)[E2^"D5Y3ZXQ`P`L*,S%SOU^X1^?J'TM,PKU[7UF>>R
MF*'UA2A7LQR]4FC3KX6CL[',"&V&W_)?>(`^&1UJLA'1\4L^K@=Y(]1((:;A
M*&7:]_0,IPK),A.V],Z_&^C8\IY<"]N`&NGU;>`!99R!!\XGTT%O.IF,$P8S
M>R';&,92,=:<6]M:1NX,011+W5NR7B+^'605Y!Z5C--RJ:J[?--+"2?%"E^"
MJ\6OU]\<VJHGR@=<T>M+@EXI)KU!D'SV0!SZX"X_3F=8-Y::;ODZ25>,EIOW
M)@T^LIMC'N9A'H&&<A_,[`,(=5&AGP)YYRD/H>R\DX=9-TL<[LQ&TUX[B9(N
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MB+;S:#N)D?(+A_)DTW;FZ;?`70X*EJ%:]LIBM?[;E<0[UYWR]\9*NO=E"1E(
M1!89T(ZK9J[<L//7P7!L,2H<MQO234"GJ:J-@XMH>,T;&:4#ZTU'V7MEUQL5
M]A&0R+KDL/L+_1^T?WG^E(F08--I=.DI;W'G?7MY5E)S2K.HXJ0D>O3L%ZP;
MK,HI./<3'I1D:B/($&/MD^X<"(GTT\5-<J^?TAB5DX$?U:FOO-'2J0H*(\\O
MVW;<3];K?@H/4KXM)[JF%MI:&MZ3"805$#O)F/*&Q2=C+LD/C3"G,LU!^N#(
MJ)\**-6VJG80LZ"\_D%<D`/2FN,.B!;R((I8/\RCI[Y03Y;\[9N)D6UB+0`9
M7_$+-HM#H@H41\9!%IZL*$X3?OSXW28P/;^FKD7R4QX()SIGK'6[HD4/G;H8
MX#I?D*[YX="2;0LW7YWHKY3M2";*!6,\MM7V,/[#`9JFG)F-RIG<RZX&WN^R
M_SL(]@F1>=+JR8U:V/(T2M\2D+)ZQ=T`ORC!<4+M2A^D5W91&0U74>K(RSY"
MD?>2^:7HM9,"*3_HO-^/DKUY5E*V#^RCOC!99:KIQLG,A[E_Y?V5JMK8+UD-
MNZD*0[FT$Y2^N;MR:B0NFO"SEU09;K*)[>3MAA*<<G##E)\B]S9"9@=G=3A*
M2+<;6[YS9\;//<R_F:M(7[%JA*HD8[^VWDF:E.]Q+F]LK-+KW=QY?V!#>[*"
M7AV)5DA1XNX8=1RT&<):(@'XV7+IM&QMX].(6LGV1#F>VWU(/E%`[O<,V.Q]
MYT>@OF)Z7HR,R,*-&>V1Q.N',4QW'AP/4_4U!]G)M^CZE)B]D_`I_RKE7NVO
M\_YDF0M:)D<+P&!;[:-TQE5TZ=NC,\G)4:GM4O.G0GVAE%JZ=\"DEVJ5E5.I
M4>L8(28MZ](IX/\^7J0\O\"ZA,@C)VU+*C\1R5^RW>=.BJ</[@_DM">Y6]\U
MW_J"DCE!J&29>A2L(B`T+HV+G6WV\COSFVECO\M98AEDBE&+H*T[#LF?_#-&
MU.N*S]4_NKIA4$71B>9HP_3)H8VMRKDX;_MTIO:PU=BIHHL\.R1=.SF=T1'B
MX,VO!?B3U=IC16F9B/=G'=[<NBI9O/-.HU2,01GV-MJBE%IPXIHY?3['M+4I
MOL;N*\;FU8(8Q041S^3^BC[\BI>$&63D9$(E?`D1O[!QS(;:M^Q_/NOJ\]:,
M_T#.-7G?1[_\G'.5[$A.5<FRHQAA5=V,FD_[7*5EI2L'7X8_),OKE-Y&Y9QK
MAP\'E773B_%P\QM:^(U777.?+^4>J\_;KN"+WVW9E]<&4G^\7Y)7;CR3*-AS
MM5WC*_*TZ/#^([E&9X6#Q>:N[!F;/.*LD/GKWR=_EVSKU?]9_OO6.P?]"X6N
M/WB/7],8U`XS[;GUE^"QY#SI@7ML'YAI^)XR5;X3QJE4M;/_QK_Y>S5XP14K
M`"6BRS:]U)?/)"K!Z?K/VMBQ,?;XHB3-#T]FO%>L(^$8[Q.._M#?<54+1_B>
M1H6COT\XWKDVJ"6^:DG9(WF#22QUQ#)DB1S]^$AY8Z/7)&L)LUU$^6PH"/X4
MV*\<!)U)OU?E1/J]]E%$G)D0#:Y4.I?P!:"R0&6U9R:@LL2=2;,J"P!E_=I9
M8)V;""$5U[E<]T@N<O:/>G%_^\V5DI1&OQJF9:WCA^KF)($5;%W8NK!UJP08
MN81'4:;51R[#E]0D;'>F1`8S:#ZPP?!P81^SJF!LG:HS2F2U2'%63/YZ%2W+
M#K:!^`.EEDQ$^)J:R!_G@D'S@.8!S2,B\;NL>?9AR"V=<B2"+!9UJP<[LB93
M641CM3:2'5<Q(5>:$U=%>J'"?-F@#N<58BU;5K"Y<WI53F10()Z9TAU<URD*
MO8]/-AR>1M%4P\G3NDSR(`>Y&PS*"4EOT"6@2TZ6U@WJDF((KVU)2([8+]'W
M45H&C1\E@P)"L6!?*2'E2*__*D*604J4;"J!!94VQ]G+9\-AH6+A%/%S+*!,
M`J(]O&7:OAAAM@P$5[[VQV/@*Q>^IG-6>5B;,D8\N5N,M]O*.,?T01LWHXTG
M@Q'LVA/4QL.1`GP]46VL3/8B*/`\2GL>TMO@7@/)LNF?L+1"CBMI'O[EA)R2
M-EDJ13DQ=-D64W)JWEJ[5+T\WGMXLFW`NU4:IR]W1_*%TCB][M!=0(TSV2OV
M`"YSTM%O:7IJ<>PV*?"Q`@J\$04^ECM$>`$U>"'["9"1'^7/NR/V(NF;#I%=
M/&VSE_@5EKF*4[SZ9+G(".*&NTI8Q8*`-57F-)QF.VJ530<=SH8]\1(W)RXO
MQY?D-6KVE#-Y`++24#JP,G&ITE;W1Z*Y!B<N+:VV1#T!"[I.7%Y::HGDLY$,
ME@@L4?Z5#D;#8_W&$?3P.N5P7--:0]R(V<E2AE-0"X+<L*M@5U6XJSH1S0TO
M/9'T\%IYS.[FD$S+Q:>4RF_8)Q;'T^V?#?<75+=/+S3JOXKBE2IG@_$4^,K3
MUQ3(@Y3/Y-Y>'[)M&!#T<:2/QQ/Q(H^MY*U@^K@_A,.&IZN/!_L+YB&F)ZHG
M`-$'B#Z('WUH&YZ#706[2OQ=U8F8WCW6=&]Y[F)["6&\4W4;%0&+X5K)6:&<
M1GD*H8!3=1D'$+\[244\ABC/Z2EBI5>H$P5PM46*>'^3D82+\,ZEJ?'H-TU_
MH3__X]URIE_&%Q]<8_<58_-JL;#Q`KF87CK&;J6X,K7HPZ]XB713-Q>)2W&C
MNT-N+9M="4`>^&29BR<"W#_@F4L^_N>SKCY'`SZL7-TR_T#.-7G?1P.K+M:>
M"%VO#4O]\=M__H<D_<-SSA<(K2[OD?T#L^D_8M6S=5?'3O15XMB8E!]?\?S7
M-[=?'^Z__P\R>_)WI2</OC\]?/^`U7[PVT=6#?"=4F\B#X:3X1M)UWY]<_?A
M^W2DO/F-TB4@"_UQ%7)H6U27R%X0YKK6ZE+N,\D,/O$ON[@<L,\,W<3GV=[8
MD>QGOR;OL`A>2R=U&2N/S\1+DB:7TIWY@AUWB4TWPV=:%5EE+[7$:24+S%Y/
M8AUG$OZI&AZ]55!RGRT'2]@7',DSR?XCG^'$P3W)8B)V)A'))`]A22-R*"%3
MD_!?'BT+<2)IDE0#.8X^U\E0R)&PSCI`I,AVY+K\=5S=/O(=D#8X^^/I_D)B
M_2HXCTUFRWG].N,CWS&95'">Y\K6B2"2KQ/-LB2_.$0F.,_:,O%:6C*M)LV)
MZ#H7Z3>T:8L^\:7/,]_ATB=XRVT-OL/-^0YG\1TN?1682,-Q7NPK9X7'=SB3
M[W#I>WE%VA6<[03B.]Q,Z%W!6=^ET:-(@K+B.QQG&"4V*S!GE<)YTXJM4CH%
M4CCKSZ70,("S#N`L=YQ1Q;^%%F--Z%VA"BW&O'WM,Z%YP=F-XJSP.&]:WL$>
MOL.]",T*SF#;$UI_GDFJ9=O865DF"YHN;,MQ),^T,3+(5S5I@73383%1@_P%
M^S]R5FN=`EYVNJF>2.B!,_$X[TW._HC8K.`L>)PQ-6>_6FR(SEF,[;70]IDS
M&!%;\#H%Y#BS@K.&,CDK4-Z!R;?_C9:K]W^;*$KO_</3TUWTJ_S^%VENV2PG
M2O'1'T_WDAYGI<G/+/-\8RU7R%R'C\GC][Q3DV([G)RM-V?VBIT8XZQ7.,=-
M."M1MU-1(K'3@)R=]8SS&>5$16P#V:D$2J=<`K=3=1F<=13GQ8J=S!([/\Z9
M%9QW!>?%?L`J7LZP+?5EL;,5M!Q9Z`GR#NR)#=$(.])E]*5&O$P-%]=SODL4
MF2=^9`7NX0OC`P4&6CGX,OPA6?.IQ*]CSV^?`=[L<5'O<6<8?=?H\GB4.D22
MXUQR^%2^=\C'O$+>_X;H`+D\V'."O*\HR0[>?C%R5G?KX"_!NY-353%MWWC@
M3$WPFGBRQ;?KA(W`?D^>JL@Z99,T+%*F\LYY+A_VI(BCMW9/9M"HIM;Y^TZU
MRB6ZV^?9_(,B5)$KG8J<2V/N:[DQ5(YG6YX9#FM5E+_3`H-]RA'8`^S)QQ[0
M;2)S)]?F&?6JG-^H5]_&84<LSY^>D7GTI9D`_40<O;70+]<&'$S\[IQ%E=!D
MNZEGI9OK:FG9+BU'+&R9FH(#0AOY;U%Y)]"S:_1LQX:G34#$IR7#%P)CDB>\
M7%DVRJ@V/!:11&09[NL1V1MM8.!C0GPYFDKV4A:V4F+>F1(9S-`MLYA_U+AI
MKSC06K-FN+$RCBT)IQF&M<2X:PX-T),@0/HF2/^)';T1G_:GJ7)8-[(RQ,^A
M\+E&4JJB>YW8Y6ZY(A@PNSF9XZUJF<-;^9<TVQ,OS]MJ.V7-CT52O..:7##4
M-+<7?_NXO^=<2W-C>;9.NR/((D;M>5.]6I(#O8'>H%6J0DB"TKSVU'#YNS]R
MH9%F,$9FG%#_B;7S)7)IF]9U\LQ=1GUE\_"BZJ1SH?$%V["5T:8X88`J7:4*
M[*-#QJS0\/P,5+4+C<S?OL)E>9I.G>5@WY1#L&J7^?MV\7@A/=D8.9Z]9B?/
M%]8+MDUJ`26TP*:Z-_732C/(CWK%;F))TR;/52PIXO";_FC_E:PMTSQ-L?4(
MGE8U\7ZA"^V!GZ+S\VT_(WP,#&V]WAT5NK4.V)H/3>;@*H>DZZ[)'UVT"U`U
M'X$?7>1B!E&7GJFSBZ"DF65J0J:!:O0O&U9F\MEHL/>L8LO464N@P11H7C\<
MFYP2'&N9EAGW>]T@/@";C@&;6\LF!#,3D3>`-(TJ&V52Z#+;]JH:D8SK*;G$
M+2'Y7LU^0B073\%,`<L`ECE%+'-CV?3`F(LE:T;F@UPA3CMU6MG(9],)!`MJ
M-ZX0%&L@0#-5($+3G)KIC[I!?-%0S=O):*_8`[`I3^-[RW87:('/9^2EF%`)
MJ[1B6,=0)PSUC=F6$"IB@2JPCZ!.N#XR1L:UO]>X'F6#IA5BQZ_8T35LNCHR
MI.66H3W1(N2687M9[@BV%\F=E2$G4G\(80P1A.:TC-(1+2-:!*$U>1'`3T7Q
MDVF9YX"AFM=N0\@'U'\>"DA>.WX:`'YJ2L-T1-Q%`T\'1![@D^CPZ<9:+K&M
M9J`G@$R-.H2G=)RY)?;[E#H"M(3D4(;;5!DN5.%"M"D7H&E9L<J5XV`7*E4@
MPY[3^D%-!E`%]A%4JD"HX'"HP#"0BVW$+NN2-#QSX:2+*'A>ECL2`07OM=,D
M?ZMD72MRDE073L=,E6Y0'F(&@)LXLH]=;BVA1%Q"1*@4C%?-=9-'J+T2\VDZ
MM"I::V%A6%L#7ZMBJF#H&EC*`4K*HIV8%H:K[=?!BF!85136EK_@%;"P`%BX
M)J2][\Y4>=(_)O<7/E6%<#Q9+C*D^<YKK03&W;PO)SU>VQ>;2=/MY,]ZXZ&0
MFKY)AE;*S<I,=F\"C#P%1KZ5!Z(=)!2`E:U6LK)H[8V:9VB9ZTD;KMF?]C@6
M[:LMO?STWC+Q6EHB^P=V$W5B(D+$[F28!J*Y[5U(J4(6&T@."N;$2'_".>RV
M(HXOV%YAUT.&7SI';_/"?WDT1"4V_!`E="V>-I$%4R;"<$H@4PNY>.%9)!@:
M$H9%XND[J((`L-4.L.6G`J]N'UN2_]N08<WR9@;.%.)^.2'F1^"C[J'.'RTM
M0Y;&P^7#GF#=&[HA9&))6'5Y4A`N$*[.Y6Y/7+PZ9B#'+7#+3T[("J>L*Y8Q
M07/<DVW);WDUY\F,+H^/<3.CI_*]HZFRS\U]%>_"DJKF&)O#:2J"-<(0@>*5
MDAMH#;0&3=(-BN^"<IQFPJ]13QOBQ^RW5W\%,\O0,A'E'T_WTIW8H>3$^"J9
M([:K3$7E>4.I?9OG!26J;7A3Z!CR`&V`-@WLK$JKV#C3)YU:S?.";MFO+'/%
MVJ`ZDC4G*S!9@`>Y6)/^O/L(K5#;AC?KJ@%JE]\#5(%])`9M3KD5JMK2-N`W
MEKVR;&+S3KI%:</92G%2BLK9>'A*-\8V6>4@2"G"&/AY4OQ\J_1$Z[?52I8*
MJ'M'?<$.PK21L5!$+EP0Q2\BIY'_=A215US2TYJMU*EJ.@&A+XACCE*$DZL=
M%@VP@Q1V40H%=#-`$+MLG85SCD`<<Y52G6!5_/$N77]K3BUPZN3>#BI\W_RO
M%?X<U'36K12A8AEH#;0&3=)&BHM:'3[:@R*4WAX8,1ST"A=8L$?*`(C1+@]3
M_D4ZE[[BE8T=&A"6/-/&R+\4=8%TTY$L6S(LQR'C6J;T\/1TE^CP)ME8M18F
M^[9N2E</-W=GTNNSKCZ37U7#T\A7W&<LF99YKMI8TUU"H^7*,LFK:#F?OEPA
MW6:1Z#,).=(K-@SZ+R+_.-[,P7]Y])OJ,S(79"CRBCGYOO2"#`_3YQV/OHD-
MLG%!.IG7RK+=>%87.<'B.Q<1H8I^T_27\.?$C^P[(?ECOAEHY>#+\(?W2V0O
M"`.)8!((N"DIV[(TW1:D&NM]8/2=VK6M)S0C-23OJW/J*Z5OS\E3O1R^IHSR
MFK`1<IUL^8!5O)QA6^K+9Y+2V]_D:Y]^ASTIXNBMW9.E0E>U@]D\,ZGF9$=E
M4]F+?-4\=T25N23AJ',>E2K*WVT"Z@K'<H$]P![0;:>GVT:]*N<W*NN]%M@X
M[(+J\R?B,1Z=(`#H)^+HK85^N3;@('WH))<2XG#JI,#FNEI:MDNC/84M4U-P
M0&@C_RV*M0$]NT;/=FSX6Z3;XM-RU"O^UCHQR1->TO-[]IH;(BE6KU`BQ%=3
M?4,!8MZ9$AG,$.((9*&=7G&@M6;-<&,YKOB:H?P-\>)9N=]I6@Y(WP3I/[%$
MJ/BT/TV5\R=-^Y8A?LGZB,*1E*KH7B=VN8M3]"G2.]ZJECF\E3.*X!,OKQ5%
M\8YIUMOYCUXB(WCGO\K"D.V.'HL8L:^BMUYU)`=Z`[U!JPAY.*<ZFM>>%NY<
M8X%;_2?6SI?(I<67ZV1W`6C.V+)R[TI/*+3VV`%0!?:1&+2!YHSB-6?\=O%X
M(3W9&#F>O9:0J4D+ZP7;)K6`$EI@4]V;]FFE&6SXL+TX)^*'RJ3!@.2IL/4(
MGE8U<7D$_#PE?KZ="M8_I94,%4_O]H?`UK)L/>$FC0!5LPC\Z-(>XA2B+CU3
M5_45,J2996I"IH%J]"\;5F;RV:0OV!7"=84\&KU[7K!65EV@^=MQ_Y3P6,O4
MS'C2ZP;Q`=ET#-G<6C8AF)D(O0&F:5;93`;=4#4B6==3\HE;0O*]FOV$2"Z@
M@IEV@_2`93J&9;IQVUN[E,W9:`+1@OHC-(`AZX_0]"<0H6E.S8Q.J9X`4`V@
MFI#`]Y;M+M`"G\_(2S>:M4*5,%0W9II!J(<%JL`^:LJV"FK_:K*N_;W6]2@C
M-*T0.7[%CJYAT]61(2VW+.V)UB"W#-G+(\%N%.R",RMW)-\M$LW?]K.Z-9PD
MU454,X-3*F"'``(`J.8!%+V]!D!4\]IMW)&,KTC6?/\%*D#S2A#4$`!40RIF
MTA$G333TM#?1"^A)=/1T8RV7V%8SP!,@IB;561\**.I'3$#RV@$31)Q`PW0+
M,+4FW-36>I4KQ\$N%*M`DCVG_8.R#*`*[",H5H%H08YH@6$@%]N(7=4E:7CF
MPE$740"]TH-3I+4[L)!D:2#),H:@05-E*L..!,E$BQJ\E0=[A1ZPD^C8B5UO
M+:%$<$)$N!2,5\V%DT>HOA+S:5I5BI:1%H:U-?"U,HP-+#TUEKZ512O:$8:K
M[=?!8\&27**PMOP5KY!$$P`+UX2T]]V:*D_ZQR0`PZ>J$(XGRT6&--]YN97`
MN)OW%:7':_MB,VFZJ?S99"HFVFZ2H95RLRI63@4[!05\/!)6*XIH%W@(P,I6
MZ]CQ2$PTW2!#R]Q1VG1`N<<QH*RV]`;4>\O$:VF)[!_83=2*B8@0NY-D&D\Z
MDF02*:O:E7;(0')0,)U1,*)EL3F&[=J*.+Y@>X5=#QE^]1R]T@O_Y=$(50P_
M),`?C68-H/<0G+T[?9(#_&A*OW1$V`%]"(<^V-DX1[+F9`4F"U(A%VO2GW<?
MX7P<G.O)ME%P$@RH`OL(SL>=Q.'P%@7\1:D5.X$RP+Z8107-L[8&OG;$?066
M`DM!`8,"/@HC0AUV>T,J?K7QU>WCZ9089XFC9GDS`V?*8[_<]N#'BO\J0O;B
MM7AER-*P`AZ=342[DA/$<2=N$T`6JZ))>\OT00I/1PI;79S>#4'LEG4>3<4\
M60[BF.6G-2^-@AX,&&[OD9:?@#V9T>7Q,7YS]%2^=S3EQV[NJW@7EE0UQU@G
M3E,1+$,J`L4K)3?0&F@-FJ0;%-\%Y7+-I-8*CC9$Q-EOK_X*9I:A94+*/Y[N
MI3NQ@^.)\54R1VQSW^$%WU!JX^9Y08DR*=X4.H8\0!N@30,[J]+R0\[T:;@`
ML0WF"VKDH;87JL&!*K"/FJ$-U,@+6"-_8]DKRR9&[Z3O=FDXL2E.]E$YF_1.
MZ41JDZ43@M0W](&?)\7/M_+DI"[*!=T;Z=[12=VHTVQYAC`U%%`6'Y3%T\@_
ME,6W:2MUJO!.0.@+XIBC%N'D"I)%`^P@A5V40@'=#!#$+EMGX9PC$,=<M50G
M6!9_O$LWR"B*%]VKDWL[R/!]\[]6.'10U5FW5H2:9:`UT!HT21LI7JH^_/!,
MCB]>V$[X)V&$TMN#(X:#7E&^^8^401"CG3[F+]*Y]!6O;.S0D+#DF38FT_HW
MUJ0%TDU'LFS)L!R'C&N9TL/3TUVR,[Z-56MALF_KIG3U<'-W)KT^Z^HS^54U
M/(U\Q7W&DFF9YZJ--=TE-%JN+).\BE;TZ<L5TFT6BSZ3D".]8L.@_R+RC^/-
M'/R71[^I/B-S088BKYB3[TLOR/`P?=[QZ)O8(&0&&_-:6;8;S^HB)UQ\YR(B
M5=%OFOX2_ISX<162?IN'2V0O",^(,%X.F%@%'_@@FF%90S?Q>79VX4A8&+R#
M3N`REI*GU(*/'-X?[IGO<)CO<.D+&DH--^<[G&7P'8_S<-:K;O(=<<&9'R[?
MX<@.YRS-G->[XCN<+?3>32<AR\V.LRQSECW.JQ5[H_$V&IQ7J^E"\Y8S,SAK
M`<ZTFWE"$T^W^(YG<A;E&=_AUD)K*94S_A';8G#>MTAH7G"F'6>EPIEV!N=]
ML11ZM6*S5FSKR)EV8JMWSJ:6LS//>;&T3S&]<Y(69G*>*6<9_,D9S&M\QSL'
M[0?:[P2TW[Y;9\L)M"MQEFG..XZSWN<LT[P=2K[#_5OH$!]G52^X.\E9'W`6
M/-Y:A7-<A+/@B9T80IRU`&>5QYEX+YR)9W`&0;S#RYRWAMB9@TXY;1^PBI<S
M;$M]^4SHB2H].7W+2*D1TW44(JWW!F*YX@`AWBXO]^@K1`R$D62(&`CCAG,6
M8[%IQ]DSY2S&G%$0Y^$X!PG$=EXXTX[S8CFC;\X:A3,K.,L=Y[S&BO/TQ`9E
MO`.%G3*-@/"$H9W8**53D:09[SP0;UO[*K0*Y;Q:1W`O6>R-R[D`FC/M.`?D
M><?/12]&YVT@%YQG*';BD//L++&3PKQCEYR'$SL9)'9DH%.'M3@OME-@P.)\
M2(.S$M`78KNW.N_<GI-Q)GP5_91]\IN=#@_?&)_8-]#*P9?A#\ECX$K\/O;\
M=AN!Z>:?MWH?]'O](RXCB)Z*!Z[S0HE<O93D7G!A0E8'JHUV51L-J.3"MV/U
M.%S,,%GY3QV\6(]6<S]&!9QI\:JY&5.'.4'KZ?-QHG"3C_;OT(S1\[>,J[>+
M$9]IY&]B)`HU1)E'\0:7%;8[$D9''ME9L;7:]&;[XKUC%>HIPQUE7\NGU(4(
M>9C,H7UF?NBRM&Q7IWV<BL"6.DQ3B^^!.^Y"U-PJ*X?$':6W3TDVFS>AHLRC
M25/.P2:4,*A'V9`*Y?G.E,A01M%K_!HU717CF3K5R8V5<:BJWGNA<U%^4(]C
M/J@32=[2]HU_TO:-):,C#1E2D'^0_^KEO\2MN=OVDK>9YV(I=S7U_^!AVK#5
M,K&TQLAFK6>QTZR1Y(7ECMDT_"A;Y?4Z@MR6,^F-0%!J%I0R+D7#M]D4%!?Q
MKC]LJ<BT4K?LO6T&-`MHEHINFZTF/,X7L*$Y$:H8L[G/MN4MGJ6Y_N)_(AQ\
MJS2#*8C"DL_ZDTEG""_</>+RV4!61(0779!]X8QU=^2^DZ8OMG21\7.Q";:O
ML4#`9-H9L@NG`:89'8?`[H'=.VVI[Z3=`R/7J(,W&(*9:]+!FQ:["QT,'3?B
M*V?CX1ADORG95\Y&_;W!C=,R>/>6[2[0`I_/R$NQQJYK0(Z#W>`#T02QTD*Y
M(P]T'#.99JWKL-\'QN;*S53%VTJM]U`NQ-Z:L[_-L[C%>U<X-U@8IK9^WW;(
MS7ZR7&1(<_TGULZ7R*4'6=>2;KY@QV77I0LJY$>>C-,L;V;@3/GKEYMX.\I<
MRM"D25T[.NN-A]T4Q9,NIJE:'BNT$:,SN=_RRKZNB*58,MFI:!4(8Y=U9)$(
MWCO6\RCZ+;LOTBJ<U[;4)EHAR7W&Z>`3GS:7`_:9H9OX/!NJ%U\T:_'$?DT>
MQO'_SIBD$V2MJ^%$Z#0ODW?[K"Q'=X,XWQ<#:POR\[Y6,JLB1.BE*#"M9/W9
MBWM*S?[(X?WA>+?4Y#N<V#<`P-UO98@G^MUOG;H.C7,_<;$O4(`N^R5FQYFU
M8C>RYZP#3-Y7'Q&@(S0[Q)9ESMQX%7NUSQ)O"RZV&N6\,S@;#;'U'N\.U@O.
MU./<-UGLKLEBMV(7NV$WXBQXO'6RV+P5VZ!U"XIVZ@*I3OG>';Z*G`9H15]R
MNLA,I`F^=DHOI--!I8:3>YQ7&[2$Y#SJW+*EF>4^2RMLZY;&F47I*S1$XGBG
MTAV.V.D3SJH:@E<"+59LM&ISOZH/_^6)G;T3_%KF;MW])_;E[)QO=.,<7!,[
M0"1\T)ZSGN<\/[$CI[Q+`G3>U]?Q'4[LO#;B3#R5-W<-Q/E:\+VW$^:I-)NF
M*LUZ-5::W?&E!F?V\[[Y6NB=S5DO<L8?F#-KQ4[SHX70:A9SEN2.R8HU(YH8
MN?1>%\%SZG]Q-O>\W6&Q8UF\<;K8P/5&<`>6-S84V^<4/':R,GC'GO@.Q]G^
M\MYK4$HMC(T4.[;#>79B>S!BYQ?$7JS8P6S#$#P(*+2*0L8%9VF)SSE*J^#H
MHVY*JF6:6*5^C?2JN\_<`Z-A4Q,)+6R,Z4]B[]`E6DNFY4HS+-F8THDS1B%4
MGZTE]QE+6;3AK2`LCQ[27B';Y8Q\>0OGE=B:%NH.19QH!76'0J.1SM5$BBU^
MW0H5P1EY<9)2G/4*Y\(..+\OCN!!T$D8E2)XT*E382+>E7'4G>8[).^Z3`B,
ME;`8$,H22/0XHQ5VBL9]QH[H18%0V"1,7EKT8A7.^U?PPB:AA^,M>9PC2D++
ML=@@`ZTXHTC.^X*SG_M3:&^(\S;K%-P3.ZK,^6CW,*,YKDC+Y2S(G+<9/<7.
MV0+QULJ<31IO/YRS.(_[Z2L:0)P;<B7YMW@0.P$F-I#GC!XY@SVQ(^EB5S2*
M'0D1^Y@T='41)Q,)IR]*#???:+EZ_[>)(H_?"VTY(+DADGH6/+D!:3]A(EYB
M5W9`E::H"E7L9B"<L;C8>;].14K%3D=PECO>36,X+W:%>,>6A(;B8,B/'^XK
MW^'NKQ\Y+Y=>EL=WR&]"QS0XTZ]3$1?>(6&Q_1?>!<=B:V7>IYDX8S/.JUUP
M-D)B!ZTY[UO.O(7R/8'*]\0N05-YZ]"99?+NK"]VO(8_W.O6712=<L/%KKOC
M3;M..>'/F/-RN:L5L4_4\>ZE(O96^Y?0$2"Q3X<+'@X1.X`QXUVE\".C/;=(
M"[[BK)4UL=4H]X)CSFK4X`T*Q/8.NM7T!"JT1)(]UK9.Z&"&V`EBSDE.WEX]
M;\#,_R@(Y^UKF9S%3^SM*[8#8_\06K.('6.&-D/"^*:"HWFA!47LP#+B??,(
M_TIRH36\V+6%W:I+YZQ#>2,]L7G+NU&1T+P0NVY"[/)GJ)L01X,*WD1)\+9'
M8DN>V+B1MW[O5D19:-9RUE&\XUM=PHQB&[-.G:C@W&-'&7%>;=>:XHAM?SK6
M,4KAW?^,MS2+?7!.>&GN$K+ME%6#`_^"[A&XEDFH]7:K*YW8J5*QLX>\0\N\
M*P'3=:CO5M%/FOX2_ISX<16^S<4_W7-DZ`OSTL!SXMHC>Z&;YZZUNI3[%\-5
M],G,<EUK>3E@GQFZB<^?L;YX=B]E)9I)B:6P7U_]$6>6H05_I^-<ZBZ9H!I.
MA$[S,E[]'2]BYI@!Y^A'[C=R.RJ4^XW<3%_N-W+;L[G?:'/3B;E?R0T!Y'XC
M-Z.9^XWU;TANCGGN-W*S"+G?6+^L<D,@N=_(#07D5^7UD[5^8773G(SQ01X@
MT$NA@&DE&"#;P`O>ZU5H'X=SI,(2.^9FO?*^2VLA=@X3S0RQW<Y.'9D7FQ6"
MET:(O=$$/WXF=LT0Y^B[([:.\CCO,[&5%._R8<Z1NW\+33S>&6!#\)TFMH'D
MG5[`!G*Q)KF6='7[R)IC_O%T+^GF"W;<)39=WJ<TD"-!GE/$B4*>4ZC5\L]S
M7NZ)K^S(O[C4=0M?.+-L#=OG*KUB8^7@R_"'9`Q&B5_'GK?#AX,(S'3SSUKX
MYU==<Y\OQRQKLQWBB=]KV9?7!E)_O%^2UR4?B8=\YVHP>M'1Y;%2?/SPH7QO
M*#[\OK')(\X*F;_^71[_7;*MU^"7OV^^M*_X,PS>XP<%@]"C8QFZMO67X,7)
M>:K$`F)[_TS#UY0)+$[8".SW9*S4?^'?>NR_#(,B92KM!*W>N3;LQ5:-WMZ]
M.-RS%:?CY$XDEB)K&]*/PSU8\9Z=;G.DTBW["3N.Y#XC4Y(5Z9X\\9R1ZSC`
ML/RD*T@*8&XYYD8LE2Q;^F29"YR.A0!S6\K<)\O-N/H$#&R+1V^O@57V8=VB
MV[0HR*UUV]TBO75*=!]W!I7.;U`C9[Z9-B8S^S=.1T\*[(AZJ`Y[`O8$[`G8
M$[`G1-T3A=!S+G=%Z96.^1V&:^%+:J+EG2F1P0S=,HN'#1J%H95%7&M5,G\B
MPTOGA(73[(,:"%^G!OED.0XN)?!-6%00>1!Y$'D0>1!Y7B*_#R/*RL5X<[)'
MXL1B8+L>A)A]?":+B+1RZRZNV&H0)&;$<2MS9PK$?/N]2GW>7MYY<-<9HM*[
M[B@#T!QD'&3\]&D.,MX9&=^/^TJ!OF:@7&8`6_^)M?,E<CU;=]?)LON,:MTF
M45Q5V7BVYPH-?OPN;1%5CAB^C+UH$65`7D!>0%X$DY=BMKK:A49(8+`'"<C3
MXKR;5H8"OET\7DA/-D:.9Z_9&;R%]8)MDP(!"2VPJ::OPFNO7'(D7+J9<`%5
M8%/Q+*0+.,Y<GHZ!I>59FII['J96./MS8.J)[=/Q$%AZ>OOT;?\78.MI[=3^
M.'T5`+#TU'<J>!ZEJ/OH(A<SCV/IF;JJKY`AS2Q3$RR'7%=TH%$%-NIUA.C"
MJ1CYE,!`6\1=&9Z2!]PJ>1^#O#>`3V60]X;D?0(0LCH(>6O9A%9F(F0-X+$!
M:PK@$2*^71'VKM`<9!UD'12[B,(.F+$4;6\L>V79-/1HS<ALD-OPV>:N*I?!
M:-(1JHNF72#FV$S,4>X(U863]RD(?`,"/Y:G':&Z>`*O0-2Q.@1Y;]GN`BWP
M^8R\$A,"894>H=$Q')R!PG8X"`'R`O("\B*^O(B$`FK"&/U]&&-RQ'O#ARK!
M&5^QHVO8='5D2,LMS'%R)W/:XM7(HXX0732G!A)`#=0-3:!N".KDNB/O@U[Z
MWKO3I'K+Y!VP:HNQJFF9YX!7F\*K4,,!>+4SP@X9IX;,]P#@:@,E!2#N0HH[
MH%7!T>J-M5QB6\T`JQW94")IL;V72)\0S4538@!0ZY=U2!Z`K'=%UB'R(**P
MBX1-6UC[=^4XV(7"/RC,@4(ND!>0%Y"7%LJ+2!``PE.9X2G#0"ZV$;O$6-+P
MS(7#JLWZ,AVA>:M<F1.BNTBR/@%A;RBKI,`YU2;D_91Z-Y^2O`-.%1RG/KC/
MV)90(B36D9U$"1(,=LQ%V,VFH+I5-%(QFP#[=GHS#;I5O-#>S?16WM\2XX18
MU>;]),O=.H!SNANJ.^"])M=`V>L:%$Z<^(]4(AI/EHL,:;[S>NF.[/"$'BYV
M>WFST9#!*5TZEUL#\^=0I8&3#F*9%NTA^4SI6.OD5NXB>3"$?23R/E+.>B.P
M1BW81SP/[T>`=[@'\"H]I3@[PH<JH<(7;*^PZQ'@R\HUZ+6&^"^/(M^X2K0C
MHBQ2<@\.7$#PNBNRWA6:@ZR#K(->%U#6.P'T_.CFU>VCN"'-_%Y$5OY!L[R9
M@3,3$/UR@LZ1"\4NEB_F_I8A2K.Q6]&N&`%!+.GE5RV*70I2@S!V4RL*&(T'
M4>RP7A0O[0#BV$W-J)SUQH`8Q1;%;FG&XQ-)V_-J>=G7R8PNCX\(X(0/Y7M#
M_4II<T/%VZ^DDBELDCC-0Z0F"B+0NMJ9B-7*0P1Z@VR#;)\JO4&VNR#;)Y?Y
M8K^^^@N868:6"=C_>+J7[D1-@B4&5\GLL%U9(CS/\,=OU3RC"T2;HUY0QFRT
MC#X@.R`[(#LMD)V3,^E9%IRULW4D:TX68+*8(G*Q)OUY]Q%:VK8!===7=]8V
MWP_D!>1%",J`O-0@+R)U&U#;U]7^QK)7EDU,O[AM9K/RFCD[9;0HV]OFWBV"
M'8/HAL"47JO(YPE`:$#+;*^T/Q:L0U0W1*;M>N:MTA.T'OW$!0=T#8@,Z)H.
MAI;]<Y(T10SG)-NR\SI2]RZFTP%BV,&:=Q!%L46Q(QI15*0+@MA!G2BNKP[B
M"'H1!%$H002]F!E7>.<BLJ3H-TU_"7]._,B^$TXN7I:!5@Z^#']XOT3V@JR/
M$/%2V=QHJ>#%M-Y,.XR>KTRD;4<PHXB7/-X3\NHK2ME`8:X:4:5\D&S"1LAU
MIN(#5O%RAFVI+Y])2F__?2C[`HFP%T4<O;U[<5_T><K#"G/<L]/R5KC`EOV$
M'4=RGY$IR8IT3YYX+A[GSD\ZGB7ZP-R#S(U8*EFV],DR%]@&YIX*<UF."@SL
M*8W>7@.[[X*O,M=#''40JM)M=XOTUBG1?=P95#J_08V<^6;:F,SLW^5N<JZ'
MZK`G8$_`GH`]`7M"U#U1"#T7*G,KX8744Q97@)9WID0&,QH^<G6$>JDLXEJK
MDOD3&1X67[,/:B!\G1KDD^4XY6Y$:\*B@LB#R(/(@\B#R/,2^;UG(?I;(G(D
M3"R&M47KLD>OFA*VRUYEWDSI'IO<7%ZA.F@)0>^Z@PQ`<Y!QD/'3ISG(>&=D
MO!-'8&_UGU@[7R*7WO^^3IZ#A>:*T/P,FN6!O("\@+P(+R_07+$4"OAV\7@A
M/=D8.9Z]EI"I20OK!=LF!0(26F!379\0&FCT1*(HQP:5T1186IZEJ;DW?0!O
M*MBQY':R5:2=*MCUI^UDJ&C[5+"F*NUDJDB[5!D+=H%[.UDJVCX]8$_![RA%
MW4>7-G2G_L;2,W557R%#FEFF)E@&N:[80+,PXTR6E8[073@M,QJ>$FQOB\@/
M3LD%;I6\3T#<&]'PHU-R)ELE\>,^`,GJ@.2M91-:F8FP-4#(^A5,?]01HHNF
M74XIFM068>\*S4'60=9!L8LH[(`92]&V!3=*=D*YC">3CE!=-.WRMM^#.$S]
M`C^!,#N$'3LD[B>5&6^5O/?W"SP`R%+DO;=L=X$6^'Q&7HD)@;!*3]'H&,[.
M0&T[G(4`>0%Y`7D17UY$0@$U88S^/HPQ.>*]X4.5X(ROV-$U;+HZ,J3E%N8X
MN<,Y;?%JQONO/3DAJ@OGU2C[2RE.B/0B";P\&'2$ZL()/(2MF@A;#<<=H;IP
M\MZ76Q.V`L!:$+":EGD.H+4I&PXJ3<`ZCA.BNTC"KD":M2'[#8>9FJC1@\-,
M0HH[H%7!T>J-M5QB6\T`JQW94")I,1D.J#6DQ?;[W"=$>9'$O2M^@6C2WA6Z
MBR3KH-K%5.TB`=065@%>.0YVH0002G2@I`OD!>0%Y*6%\B(2!(`856:,RC"0
MBVW$+C26-#QSX=1JH]X,G(@'S[TKLBXK4/K75&YI#&'9!@2^#T=6Q11X0*J"
M(]4']QG;$DH$Q<3:2<%@Q]Q<S5_?E9A,LZ55@H7RA6%JZ>D`NA:2KVW>K**=
M8Q"&J6W?K&]ET0HMA6%MF_?K6+!V:,(P]=3W:W=\FYH\)V6OYU0XL^0_4HEH
M/%DN,J3YSLNXA=0(Q:YCKTS!%YM&LW[3V70L6-L``7A98B*-:W1%M+/9`O"S
MG7MS,!;L`(T`G&SSSNR)5M`N`#_;N3/[9X.A8&<Y!>!EB_>FHO"\53."^\,]
M<%_I*<7=C/"A2JCP!=LK['H$]K-J'GH))O[+H[@_+B(62^@[D?H==H3FHB5^
M!<L\=$+6NT)SD'60==#K`LIZ)X">']N]NGT\A8!N5O9%L[R9@3/3+_UR@LZ1
M"_]5A.(%'>4R1&D\'BUFMA%$\5@_OVIAA'!ZI\6Q(YJQQ=F`C@ABI_1BBY,9
M'1''CNA%FHL1LYX41+&+FK%,*FET,=Z<6,OKWDYF='E\1`PG?"C?&^K72IL[
M*MY_);5,89O$:1XBM=D0@=;5SD2L9B\BT!MD&V3[5.D-LMT%V3ZYY!?[]=5?
MP,PRM$S$_L?3O70G:AXL,;A*9H?MRG+A>88_?JOF&5T@VASU@C)FHV7T`=D!
MV0'9:8'LG)Q)S[+@K.&Q(UESL@"3!161BS7IS[N/T/2X#:B[OM*SMOE^("\@
M+T)0!N2E!GD1J=V"VKY[#VXL>V79Q/2+VX@X*[%96><2$2H/6M?K1K"3$-T0
MF-)K%?E(`0@-:)E4.]\S92!8!^MN"$W;-<U;>2)HX>6)"PYH&Q`:T#:=#"_[
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M6U0LH=7*QJK.JF,D%7ETU\W6=`L2#:B;"TFG%<?8<25:2N-<<)Y+;>KOCZ=[
MH<4HH?[X#JR;?,<#U0RJN3UT;;-JYCNTAOF.EVDVW&?>TR:>!S9YZ[`%.QQ"
MMH=.QB`+09ISD?8]5OM<">9%)OR(!,)OP(OX)]WEE/C^Z59JMXEA-W3"%<(?
M^H<YTFWI!1E$:LG:,5*?PS;^:\G&!F'D"Y-G^EW7O^PK>N(L'IHO'^BQ'/2"
M;;3`]*R.:R.573@0W3!&IIHPC+HI(7,;+$@KR]&9&((-$7F"R$Q?M"W2_"HP
M%J^(-YCC/D5ZJP?G*:;[]9:;XAHC.UU?46K,,Z+RG!56J=(SUGS'OI"N0`\)
M/,'NZ2%FOFUJP&W>Z$P>B*^0QNEVD.6F&".233U"Z8Q<G\P'H,K<LB7$((]N
M>I;G2.XK-E[P^9)\\BRML*U;!+G9Y"ES@>TSJD]>GW7UN0*`36$>9P(QT,@Y
M/,)YBMP5M%+!1A!:3PU[M6TKSAXEW9\S;%BOTLRR?E0A^]057EKD-40A\`YD
MIN^)*37<_[N0TA-LD^O[1)U;RR#LI%XORPQ*Q*5W:%4N4Y>:[KBV/O.8XBWD
M4.;5TGPYXNM\H??^*\43G&<8AQOX>V&<1XR51]9V'_X_B$3P'3&C:TNDH'9D
M_WT]$+PP+FHPT,K!E^$/226F;!;:9!Q?.-2,63ZB)7"!9A'R,2V'Y2(MAWM'
MO*"7KVO`>&_7@'[9<S&YVCH%KRECAB9L!/;[H3:"]#JM1Q'N2<W%`T4>5<\!
M_R4UT9^>S\E'_WV'EJ;MW_&54OD+MBGG:?R>&+Q;:L+_S#3A]>J=C?&'2L$J
MNH)B/:R5XI\]!@*L^1$DKHP$><V`LD<%C8K5W1:<X:AL'6T!%EU38'CL-@`>
MU<*C(U75EJ+BVT[R=*A[NDJJ:$5V42:5K[`&175R?,JGK$3'L97V>*@9]TK7
M+`14:@/QW19[(&]5_ER]P/=(9[H*6A?&2E5QH$Z;+KW538D,9]`VBL7.,`(/
MFN=!;<CU%.C<.EU3NK.0>*"GE?JFTWPHT:^X5@1:S!VH!WON/!?[WVBY>D_9
M,/Q_M#Q;'OZ_4XFMYCAPS`%A[B2L)"LB4;)BAU64(^UM%IAANK(9!`8$9H_`
MI&L"&^JO<7QH.0<-2R/SW10LUD4,=AR/'0>R`K+2:5D1WH\1T#N1??=$$=(]
M$0D2B$2>JN\O%(_\8P$A?)?H/Y*%0L3ML$>G)I9`>B`]H+`J4)CBH[!A#U#8
M7L$3,/+;)110#`0`^1LE?V<P6*>D4BS2#\>=\HO%(GY_O#=-`3CLB%R]D`"L
M1%E*TR:K6"*MSMA^544^Q1%&B]DK*U-@\"DS6"EFWVO*A%=$R6X%J\39)L!:
M8&W[6`OX.C<AV<VK(FV3PL5I62+,\8*>:FVX@%'3>BC?IHJ<+HFD,AJ!2()(
MBB22\B#=%E,`3Z=YHG<K<`]*H*O2*&0J`\2QJ^*8/[ES]*6:V^V`F[Y1\V!#
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M?#F=[DBFY=\^RZX83`G!A71+7A0K'\>_A@6Q6U@<S_8?>T&VSEKX/^NV=KY"
M-AEZX2$;$<S*=]7A:VW'OS=OT[C:>&Y@-4`BSP0,L3Z)[+?@L0T!#YXB"Z3?
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MU`+"*[[>KYKPRK9YJ93P+:![KQZ![]4I\$#V)LA^74S/-.C95*[=Z[.M45;W
M=QMIA6XZ2=$_S])X<&!0Q_F5T?9,*^3"9\N5OM(46`OTSJ0>,SNIT<P>/'FR
M]_*E0S<'EV@6RC]Y5M$T&DRSY7*)E.'Q3,AU^>VP/F5![PLKKB<J6SH'[O1'
M&UB&_QS#%]3"GV]1/9\8VGSOONAO:/,*-D:_1CU^@CNCXD[3_?(5VZ>Y+RJ^
M55HI?TBIR[L"[$53^T*N=%?(L">.WA.3BBUYOTZ/[+@]45U`"#`4[(R3VAD<
M0W6P-W;FB2N5.M@7K451TZIWQ53@7=$"B]$YKWMO@!N*4&A*V'&P*SVM5X52
M9")$NZM*T=09\_XS\SRW<(3?"DQ41?E:PQ.?LLZD"T?Y+:!9F<S7"3?;(O2U
MM).LTV:V1.1+]PT6+5+=%H$'+2]`^+DR@:\M"-T6<:^GXJ?6:$%1<1<BL@R@
M!H2^4:%O)FC<3;'G>J8.1%YH9;,5#ZY,X.N,"K=%SW?.>2U:RWQ$M)=[D7/Y
M..]DE=U!\^HZHT]>P\=6*Z)B^?,,NXA8J#?K\25$.5JMEG;>=BUQ6.QJ^3IZ
MF%0D)AP.EG*1D_[1V?,<<M(O>\!JUQ*+W?,#RJ2DD(1M*JJ2DW0;#(XJI5@K
M<9"53BJ4M\HOXHA)-RQ/FY5*L9LV05@ZJE4`IM2K44JXQWD42G7^<;H%==--
M^"J2E%37,-`G5>F3.IKIG;@^:3%"&0D$44"EB*M2WO;E0IY/!=E*T"LMTBN%
M3%#E'4M!I0BH4L#KJ3?3,ZA6FZ3[S?);J#R%Z"QHE!P@I;\7I%29;!<EA9YU
M1]^)-G[>OF>GR8ST0%;$(7O=UVHTNN?'Y3(RY0^QUBCQ&9<'-(SS!9+Z>KO,
MMQ<Y<Y;X!NXX:ECF97%DODN:7CA_L3(MGT*4S6:=]MYJWDB(N%R4YA3E_<2N
M1(*Z#9#XHC*98^8@\KM!3:$(V^G<,=:H[SH0J)JP]BO,&HXI#P;@NS8A\_+^
M1'(78K0WEKVR;.1BR9J1V2"W\<O4=B<XJND55C3*6V(R34:%E8%`2++\57@5
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MP]ZX)`IBI@LWK:Q:,598$S`61Q8+-Y"J5AA;VG&JM6I1V"J&QB51%+78)<`X
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MP\XVPSV=;>3^Y(@Z!?90*2O/#"O[_=`-Z'>FX]E$O3QBU;.)EB<C?D74E%QC
MHN5S(H+4SIIL.[:PN6#F7=Q<+]AQEV1:TN\V(@#L52<0S'.I)3]V:X'1:EPZ
MVSOS`OLJRY/->8!'N'WX<3['JBM9<^GW$%##]MLKQ/E86#I"DY^%5R_81@LL
MW1"PHKL4HU`/E.K30\H4Z)B/CCGL4EW::6^SR!Z',"5'13;>/O57*?O>ZJ9$
M1C-HV*=8+J,8T8J*</X@LUSBSK]<A^OD`N?+Y:IG(^^;34D[4T*P"]NE:G62
MXV!7>EJO!-/CE4.@&A5'00ATB-A\E0*0NVIR@VD]R+);I-O2G\CP6L"IH5*V
MXT.>>09OJ8G^7[!-)T7`Z;&^V5:N<)_1Y'TQ:&ESR=(GF<:QX(V1=5G%"K!2
M:06]DXC7"`$12Q.19@2D[9BF*'0=%[1=16U1:56XDZZ%ZE%&55[].ZI,BXV*
M'1JJ4$Y*.:!YZJ)3'A]',A8L%RNSU!PTKW*E_Z]*$""(:2]Z&?3I!2Y;:FN`
M6L4M<V5MSXK?GE2=F2MT2UL=5DX@VR7WBC433Z^@)2;I9.ICO^(YMB778H6'
M826I7X6(EJOW?YLH2N_]!TPT'^$`*T6E`:\@L_3)<IPX^!75+X85A[1&\(%\
M8$M/K%+P"ZL4_#VJ#XS>(+^7'*RRP6F6*IS`-BM*%2P^/#W=\1TQFC,A")FT
M(YF62TMG[425+*MKI8O1@QHL)Z[!"BIVHXI>G_IH9KW@B_3BX]+)/&+52PE5
MKT:A>DH(@6J%RW3YDO\9N1*10<W"C/+2,WK!`:E=:A^)3#O8,#8I3F12\DP;
M$ZK]FTS)H`*\LAQ6^LSDE8Q(.+FT;"P9^@]L4(DFSY`7T,IH_Y7IDKE2"[$\
M0^,LF3$]`B(0NC@X28H9GM,UVE@EXF:O?1G&NDWXY;C2##FZ7Q>^1#]8&3B5
M;Y^53E0E'K(8_R1S,RF'R8<J<IXY;]TY13XKV_J7O]\<?X^Q:O0(#='B^#EQ
M>2S'G]O*HD)`ZY$=R[-5\A+*7<\A/Y"ELDD2::"#S,B*3.R0OYQ)?E5SL`@;
M1X^^(-U@NY/0,_F,9#'UQD3$088_>$QE0D%70H9C4=(Y.K%I`9'P3]TA\U,Q
M_3XEH:T[/PBM3;3`;#ED@?[0*P.9?*E)EL.FR7?4#UC%RQF9<%\^XRS,?(=3
M>O)`Z`DR+?-*E0*1P+\\W?:U&A4ORC:=[#E]TY(0,4M_Z&NKY#9E>E%S(IT0
MJ`!?'E=D;V%M0Q\XGOJ<&#"TUO+XO32G>907FD=Q?#TSPYC8;O)%\@JBDE]-
M^I;X6T><!,ACY>1^!GKR$15_4Y=*</A_9\$6W2435'=80P:!SI^(CCA_PDMZ
MM(?0U^<8W>L9UXZ6-/654B#'@C]2GOM%1U>WC\FR<ZJX,X%8V277>J0LL:>>
M$34L!.0M++I<&[_HF-DJE5H'NER4@B"[+-=9@`CI0$CZB\!D@KH)`$'4-CF^
M6>"MMOFCX@L*]AT)!S)`8%6`<XG5)":-KLL@TN/J1&OP/YY%1B=6/Q@^-+K^
M"3K_F!NC)2N'>\;,P"))PRH5'<H:IJPH`+2QP4Y($"V&)-7W=BA8W`0^X0L<
MPF%:<V<0E:=2SR;)RIGG,CQFZ$L]&/*M_@L;9XD6IN[24WN4$IIG1PY6,"<F
M+[$:?4^>#!XE$-8)H1#]/7B`-U38>/V9;Q*(R"^PR98;4,99D>EH!#6_,/3"
M'L.(?=7![OF,./"^;2*T(10D[I^#&)0[=XC=T>>Z*JE$/2[\]6X,2D@9_&[[
M&H4:EP4-?9&_+"T-&V1D#<^19[@!@%O9A/CZBDR/`7H:M2-[35JAM;_?;-T*
M-F/@;+*I)G:DX]J>ZA)WC2\U_>.(A(.$A51ZHH-_%)$YEJHSB6/EKBA4&>N(
MY/ZY3J)97G1MQUE.'+B9B`)+E<FHCC=D\?[Z[DJB=U]?L+E\9O*&C'WF67Q]
M3+:UB@S5,WP!\<7E/-S!=-?BK7WKN3KU_QP?YS/W@HD2VZ[((4\%7KN[7C'0
ME;;1I20AX"U5E=&D$O`J.2_B$AAKQW>^`EW#+$K@F02^3)+'P7;!YC.5`RK0
M@>?J>"MJ:WSW*-@,U/U86A[=L]:K+U;$G.F.XQ'52/\8"6*@UR-ESMRDI(*-
M_*H(3!)--SL@LIP]:7N'M)]19XYH"/KIW+:6=)%$`Q%31#VMV%>,M\^*6&25
M:'@#Z4MF.0*5=\:VKJ^MPL"-3T&ZH]Y1;4ST/'E-2`W*16I/5$Q,DD9?MT6?
M\$]GD4DBWZ$&@^W\Q!CT-#>A.%&?;.8$&1"]1_WN,]]BS=/7<924TL1Q\YQ2
M2LW1RK-75N!HQ_:64%QTZ.*'@U@@*.5FK?GKR#HC<A^IB0L@Y1E;'S6+)C7A
MUG))W39BW:G)L'7&+<=%\WD0\**;7L,KXCL&&F.7/"0P7Q(!:T'TF([+7P0X
M#[D1OSEC@)[SKGKU0U%H115CH$ACPE$//T(B!+->+2VJ3)A>(#IL137NC%@O
M?WI!6"[@(-'Y-,B<=OTWN)1DC4Y9JL_7_@;5-NRHZ+LUJ>GI6CV'F6IFR`,2
M$S.V7#'P'ZA(BIG]*#OKL[%<&2$,W$DNOI..MIUO7SB[7B555/WAE!S!A+VY
M)[]I2-PZY29JG?(0MTYI-;@ERTLJ!`8"J)[E*SD>@\I4(XB^ZR6/V2>B]X@O
MJ:O,@!D4Z5-W=(5MEG@C`.Z,F!WRR2O]RYPB9BH>H6-'OVH3T*<&NF'#PPR\
M2#+0*[*I_V"Q#$@R_T"Q7>9;8^\ARA#0L3"!;=:2>KF6Z;?9<:3(\R4HD#F@
MB1&9VT$?I&D!_N$9HBN)+;<-IO83KXW#-CXX#:T#@[S1?)/+I1DAHL\"DA'R
MTA4[*C81<;(CQ!IF/F@PP2)P%SG,P%`\OJ1[U<:$)SY9(]_]0KJ.';&->!)1
MY=0OB;W\P/NGTP^8%,AR[+R<260#L9?QI29YCT<#!=LP7=,=E?H$9"*!)0YG
MDK0MG'=&%.E@"M!S?";2B/[")-^-_TX(9RUQZ.-&,^,L9WS'NR7\O/GPD-2%
M.WQZ/UFRI+DZRV#)+AIP_7J_I4@IBSR'$FE&*ZN(!"\6-E[XV(>.,2-[53+P
M"S:2W'4Y-[[RU["Q,/^EO`EX-P_;AM%.7D&D<]-))1O(H!N8I3-WX2'B[-HN
M2YZS3'$8?XQW&HM&ZO,YD36J(ACN4FE!#P5DK7$#VQT22TE["!M:9^@Y![2#
M,'V%20>F=2X(/"62[FL/#;F(MQO!VW98,Q>Q$@[F-]%HSK]]@XU\A\IW*8EY
MU3P:=B1:)(@@GH7F-X``E,`T;/W"@OV.#S?\(2(-O42J3="%N?+<C7C=L^7S
MG)AVHC@2WMMF()^:MV!@_RV2Y;ET+";ES.Y1I<^&]Q,XR49U6R'?,]8JD7-E
M4B)8NX5"M;5)!E*=;3@ZQXCB"&K3K"#4Z&Z@"H9GS&TSYE.!<X`B#$\FWAX$
M?:*D!.*=&Z'#FQFPJ0+ONPA"FE<PB6KP%A-TVV9959?!8\Y2D4`-?KR;-U[<
M!5"B>JSR("7>.`!31(`I-QF=;D\#M@01A2@OXF+UV=3_\ICAXFQM=FR!\-51
MQHY6.A`K;[`R+U:GPA)\IL?J]LC/&SB&&JADK490V<`2(VKD)$6[E*44-/U%
MUVA2+9DTI(6GT<-1DV*\Y:YN6YBW<_VGGRXCVYXY9;^<[72D)?*1394&$;,?
MV.6=KF6%"$'B+XZ6!.G4D!*;#E#F+*-"XR"GYJ=9MU)J*QH-C4L0?%BU60+A
MK?P""$J=N!SB0KH*>CC3W.!94/*[37ED;M43O=!0C><$DXG2YL$;E]BU*5R)
M05I`8KX4#I:M_SN(\&!DFWXH+M+\9]+VER(!8B6+:$%H9>#H)[+9=(WQ(U%6
MR]#M!AS<D/DPDD1P[@RQ+,O:1XF[,_7Q-B,_>POZ%C_5S>HO[`3%&*KU@9RC
M$](@.UD71CC!DCR\8T*,JTXH<2PN$M;A$#/W2NM`F;E;LSRTZ2:[C]O2@E+6
M]$D7Q#Z9([!$ZT`1^*F7S4C>5B#O;B-C&*4#@SP5YP4?"@R29<=%KDGFK3CC
M)18DQ5I@#UB9`#W9P;S!;9IL9E&#2&6B&-?7LMNAEDTH1(-<F[#G9##.OL,P
MK:H>+ION*G'4JLTP,5EP&QWW\259?`E.5)(&-C5,FE"%X+F1BMZH/(C.BQ$^
MTS(FSI-*EP`2F\14!`/?5F0Q-@X-;==6G6U?,)&H*MM1A/G*W'RBS()U722K
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M9]T%LYFL]5W0(%F;\?5-%ROPQ,A2EN@']FMR0UOC^+4,!-531Q:[_LFUJ`+!
MKX2CEH>^*7O\R'MA`U-+X=?#^:_U73__W!?%S4%O92)#B1`Q-9/A.UD=Y8PE
M4Z+",C7=FJP4A:-H:+*X.N.8>6`7PTAWY'H%1TA\QSD@[Y["SDV_HNQNF38.
M)M/76S$J.AEZ(F&CG[&1-M!PE)9S&H@>?B4&>.=9?<X;*7'R/X9@*$LGD:UD
M6(E^]&'9/ZO8#1'@AEFAL12_9M<O4K6"HQ=V]&@&DKTL[NS6?&G6:+0JV+*%
M/9&KITVU?82J'5T>#(^XNS-X*-\;&NC%/TH1+4\CK%$1NK5W5<5U3X%FN=\B
MW9=6"4#-HRY!8SJ:NB)%*,I3WQU_'0!GK1OQM;_OEJ!1KVP/ZASB-ZJU!?A=
M?+E&2[95Q1W`Z]V&?#JP`_6/HWY1U0=TYT/W(,J5]K\<;U5V`IE7""D9%P<E
MWB6`M3O0PU<`<\>]ES('0[?["H%$IXT,%[)U_=KY]H_M53>-42_O+(#20.E3
MH_1I6HMJ@T:Y4)`\+-S$WG^D$NN268)0"KOL?-5;^6CH(GB#<XY$*G:=2&]S
MYGFZI_>JFKDL]\5")\#2TCNVG[5E@:=MYFE_(F*$%%!`HRC@(;-`700<7DUD
M^D@T?LQD&MWLA?8Z\+05/,V,``)76\[5<[#*4"Y2&5Q]LNC1PV3/9B%52"N#
M;LTZW8H,G#P)3K[M]\6TZ\!*<+$K3LN*DVR]MVQW@198S'QKI?NLM1D[H,JI
M4.4T52%$&R'GV.@6;10,I<\1`<V%"B8!S?EXXH#YP=!!6JT3P7HQ8V[`TQ.R
MF<!32*J);Y,AJ28M-R.&0FH1".$7Y>T0^'@2?!33J@,?P;ON2D:-^<"01X.,
M$5`%\F@"NS(M#"]"'JU#^071"OTZ0?2W`\%J\CI!=0C;0=BNZK!=]I4L+0D.
MB)@<J';:8'I!4,07%.'@`DB*H)("$*>M\4P&'TYIEVN6-S-PYG[IM[C?1CU$
M:38I,AB#(((@-B^(;_OCDP(^((EME<3^5$A@-;P8#P%;'>3>]\W_!%<IFQLB
MWCXE543A7<QI'B(E7=M-ZUQ=RH':0E+[M*\$D?<EMP>]2=&W^H^4L07CW0EG
MZ5RZ\V_N=(+;:_UK`;<NT,VX\C;C'CO@N/`<5WR.9UVX%EV=[K!;#V>(7GMH
MF?ZM:[:UHI<8^I=JTSO8_$O5_2O8@JO97+\!4G2O6_RU0)I$$)EW[+JWZ+<3
MN_\\>=WY5\LPYI;]BNR,@OE"5TX.,E9:ZZ63J?D?.;P_W#/?X=)7\90:CO,M
MDRN^PW&^0#*='2XUG,MW.%UHVO&^8UOHQ<Z%7JPJM$81>Y,ASKO,Y,S;AZ>G
M.Z&%S^!]J2_GV^0Y2S/GV8FM]G@+,V<URGGK_N0L>&G<6VJ\\R5GS2>T7O:$
M-D*<)8\S[=9"ZRBQ]3MG+`5B+,SL.@4$.+/B66QCP9EXG`TW9U#6*3DV.1-/
M;,'CK-XQY^@;[^D)+<B8<X!+;,E3>?.6Y@$@-"`0ASFC*;$7*[:FXNQC<-YE
M"\X6G+/@_5MHUFIB[UK>`;VKAQO.T>ETDEXDO7(K],[EK/4$=TF%U@..V&EY
MSFJ%<V2:L]O".7;!F7:<-RUG5G`68[%]*N=,Z$TKN`+E'?GA+'IB^]^<=11G
M+6!Q3F/P5@-2M_R]!6?Z=<M#$UH/\/;WA%XL9\YRUJ&<=8JIFYPC*]T*P4$N
MXV1S&6(+<K=@M\;9`G$N^>,\G-BESKRWK<I;6&9B^VBOF'?X`E2+./B,MX\K
MM"H0N[1.<(]/$COAZH@=FNK442K1-;+8%3!0/"V,Y(E]!@!Q1K:\RRX$5P-"
M\Y8S:\5V,<0^+@]!KI.5E!>A?;-T]UR1@`!OQ]::2V*#`;$#K&(K/<[NS[^$
M5LF<`3QG,1:\5I>S9\M9Z0E^/EML3,NY:$#LLQAB1\L$+T426^,)O<DXRQUG
M2.L\BVTN.$-NZU5H'=4I""IV([A.G3JQQ*[W$_P@!N^C$[P/.X@-!L0^&I>^
MIE@D7"9V.D3L."WOOF.ZV.7KG&?'N>BW4XXM%`^*8\R@>+"L7A$;V78J1\U9
M$W`'MD(3CW?JT1`\O4>O'8':56$45;=J5X76!&)G"@2OJQ4["=0I#Q<.:`O$
M#+%5GMC!!FCO56HXP6]Z$ML)XFR]#8-W"E+LK;L0.SR`9IS9*[0-ZE1Z6?"R
M;J%W;:<*=06/.';KN+(GMB3#(=02[BC_9NQ=DA7>E7!"JWBQ+8;@Y4U0D'3"
MLB<V2A8[=`YW`)0)8(JM1'G7(6#A^RX*O3?$5J)PH6R)X42_4%9H<";VC8/0
MFN;XX<2NQ18[?`D=EH018[B>MD3HE_-J.8=\Q"Y!X)R)$UL=W_,=[IKO<)RK
M(SB?H1([(2*VANI4PJ%;B3U-;->"-Q#@'8WBW;I1:%0F=D\*L26/,V?%OIQ-
M[&(ZL0\4O7(V&&+K@&<)\2XO$UM:>/O=@L>D`3F>+')\>'KB[/'Q+GWA7:PB
M=C14;!?RM5,.<[?*+7@72`@-@*#<0B!X0<]DG<%U#"*A#*'ULMB%9K;89H.S
MR>7MJ/'>MMQ+I7C?O/6,>%^B*[;`B&[:."^7<SF"RKMEK^!'@C@SPW2="^G6
MLCD34>G)@S/)?<;2C;5<(7,MV5BU%B;Y&F_<@#1-=W7+1)SK`[B?]\%DGI)A
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M8FLMMLDX^Z8)0T:VB*-KF&Y@^O&<B$>@W0AQ9KX"7%J.2VF&7Q`3'$U7D4N,
M+%&(],_4%I)]O/:?2^^-=ZOH)TU_"7]._.@KT&`U,\LFTSE7+<-`*P=?AC^\
M)[Q;Z.:Y:ZTNE7@M['D[?/@9ZXMG]U)6-O].U+ME.&2]O_Y=^;MD$R7/?I;_
M'C[WJFON\V6_/[X8DB==_-,]1T3?F9<&GKOOXRE9]N6U@=0?[Y=D)IL/Q:\K
MSIL)&X']_NJO8&89FC\/C5#79HKWTC/)-`S=Q._]J?RMQ_X+"[M,B;S&R-1V
M[UPM08R-14^++GBZL=C-D2,R3_:069X,+Q2ZX.`U,\MUK>4Y^\ZE8QFZMO67
MX+'D-%6BPK"]?Z+1>RI@318#_@\CVY$^$B9IT@>LXN6,F+B^G"X"V,,-6?:G
M7'2I\O9*$^]XY]I5[902'&QT9V6Q[\:WDY^(G22#?8T!/K&4'Y%M$LQ(/XXL
M1V9FK?:-MH]+P]'&/B.:,XM%]..0/Q7OR'!"-7&4NFU%.#0L2JZBR]^S28&G
MN7G:/T:A5L;4O:H7N)J;JVG?X>3,9#'AJ\=`,K<@BR77F*!M:O2D&3*(/YWV
M4.NR=1LC5TK0"LGY7T7(-YA<C(]>IDTE=O\ZP_$K6:D\'AYA=(LMX(`E!8EI
ME\1,QR65?XX5'++3(#.MDIG^0&Y89BK$"^*@@*L@CNQ(<\O>$4IVDMDPXBR[
M&='L!K%"J;V98_N4W13-V\864Z@V6P`T.E[WU4C.?K]77'_VJM*>+#-*1EMA
M6[<T*<Z=ZF0DTR)_L/&+;GF.L0[T:4;#'%"=M6!0$9V6#M$_W=D)M'ZG&`!P
M&N`TP.G3@XI`(X#3=<!I@-*B((E"@3G0R:<&Y#K/@`D@Z>J1]%>L>>IA*)VP
M"C&J!KL`<+JM4!%H!'":DPK=Q,^.96B21GX+CT8QD`VJLA$(\58>#WX!&-TL
M"T:%.`"ZO@(>#.2F>0!@^@"8W@S#@+T`:-U6V`@T`FC-2:&&$6AZ3BQQI/8P
MO':\5073>9ME1A.O`B4M7&`6+`#$Q4^,`6]E&>!\`W!>-PF@1T[0@R7N<X-_
MKOS>-WZG!S*2X?].NSE`V0F`^38#5:`1@'E.ZM3&2Z2SD["&/L=AUYNP"Y9(
M2C(8JYIV'$=LAQ+S:1ZLB!A_!P;S8["@X7U@\<EX?)UP-CZ:6NN;1&3)N&9Y
M,P-G"GF_*^>]R]"EZ<TOC\2UWR"2W13)8IU1!.QS`5)Y@E+9>/>5O3BIOR44
M2:0DR_MZJO7E5%#FL`Q&3U5"Z^^;_Y6D^^'5'$WV:>MH/M[MR$OGTE>\LK'#
MJEA4W5:]I>-2N.I(K\_8QANM_37L8IM,+CI]*6V=._+;GM-&R"XV-=8OWL&&
ML1$5DFC<G7S%D986&=_0?V"#-4PWV;G_<(A7G3PW*X2:00Z.DP/)QG]Y84X^
MS:\9GE-&1;VLMZ-\:+EZ_[?^]+TCH26]#X!6/JF6XV:TNQ:?=_U]'N9@=(2'
M&3PD9BC^\/@E\SDY1%OD5`5G^O"7<J!0`3WPCK73CW[+;KF_"B>T/85$E_T`
M>@6?^`#V<L`^HTWHST.$)O-`2^S79)M8_^\,2>LNF:`:3H1.\S).]CPB@XQ+
MU/75"](-NO1SHLG/Z<?2G?F"'9<5KZ;5]*H(+089I)A60HCL5?YNTV)<WC?/
MD;7R';%;UVXN.%^NQ?NN,[[#B7U/'+U4B.^(G"_@XGW-M=##"7Y%(0J0ODVO
MZGC5W6=Z&1)#^!-%Z;W_C%UI@733D=X:[#:(7^@AAWETK13YBVM[_ID(XL<E
M"GRI%%(_@I@0"?]4Z=V/.!I8?D^'2;B:X5_D,7$KZ$4\-+S$KI<@WJF+_1<0
MRV81QY/=`./0>\78K64JQL3SI*^CXW%6:[ZMH=:!>CD^)>BK?&)(<]M:2DYH
M=N?Z3ZR=+Y'K^U&)$X7/V-`DY$A7MX^L#HWO+-?LMA6<NFU%\B_KH_<$L$E7
M<"T5%1]$:^L,6D=WF5Y8_3<>I7R]3;Q<'"X+@L5EI7\$&(^>RO>.8_"^?`#O
MJWEN0E(&O7(9]CR7'O@O*8-+:[X#:9L9>1:YFQ>%(B15[II<^7VYOWE?235E
M(-%;:I**(Z\FJW9C[F/#B$=BC.,>'M5Z$U;1>Y/DPOFR@LL'GM9_;Q+PM`T\
M+71K4GV&]5#UN`"6E?>M'EQLZL[$\9?0Y8N=K\8M::E*DJ)B*$AIR*AW["IS
M%$F,*CO",!X6J_$`<>FTN,AG8Z50^20(3+<%9G`V&A9J>\D3`;05B`@$+W[/
M"OF*J`#:O*U%V:PC(54[<+;\S,5$><!9'D7:A38MF%>1S:N?1X6M>II;]:T\
M+':R&'C;'MXJ4^#MJ?)65L:%F'N:1A:*.YK8@04VR>'I;^T1H`Y0IP+JU*7^
M^J?K8H@E>UQU^XGM2Z#-"="F+HW53%GAW@.Y_6GQCGI3(.R)$C;[B.`_WGG.
M^0*AU>4]LG]@]IW'J)S_B<SBVK#4'[_]YW](TC^6,_WR#VQH3]9]4/I_XRT]
M`[GZ"WYPG[']](S,)[Q<63:RUW?1+1(/\WA(>N:!+NXKGO_ZYNKQ^\/M]P]8
M[<O?:0'B]X^F2T;]3CVTB3P83H9O)`VK^A(9SJ]OSD=O)%W[]<W=A^_34?^-
MY)FZ/\RWQP]O?NO]XQV/^<4KC<X6WEHV/5D8?X>%]KZ986SO$_GM2E7]5V'M
MSDP<02RXW.\Z>_1[/,+53]WY'O#H^XUET[F[^`.>N?%\[EG)=?2M1_49:YZ!
M'^:W9(%_TD,J=(4K1)\D$[4\,K'K]3WZEV7?D(\6EKU^F.]XY2T]ZA&0,WK5
M3JX,MKDR57Q_VV<.%Y(*R2$RG>]?L:-KY`,=&?>6[2[0`E^3C8JUJP4VU;4X
M7!IN<VE<$9-"W;)[R*NPL<*-Y;C[6-$OO%F^/3[1%MB>O;XRM=]IAP>3?D<<
M-HRVV3!4)B$C"E*N#G+O7,=X>QVCB3+@LI!-91X_$K&*K\3D4Z]_(ENG"[FC
M7CL9AKV%?.UZ?6,@Q]'GNLH.[CW,_?=OO"+SX?47F]#57E]C$Y.G=?+C`=&9
M;)-<&0WE;9(?I-X1FO1WI)O':-)CF&'05]C^>RE''F8$#_EG(L79Q--M3O2/
MTJ7[Z%JCP3N&3<LEMM64S1,0G8Q[V[R2*[)[PO*J#5MJ+*?L8G/XA`\#]J+#
MSY8I&$`<*]L<F(SSV_-\)IP3^!BG_$""H7);PKQ2<$/FJIN>Y6U)UQ?+T>GF
M^80=A_F6K]AXP??DV\_Y,`HG!T-`$4IY@@%3<HE0*7KS8FIR\`?[DV4NL,V9
MJ1%I_?81L9-"=;,XO$SYBUR8N)>^O)A8$<.^/3[2;AT.\2R_6`9YDXJ,1V^F
MZ2^Z(Y8Q33F9?;F`+L]-WDU^?2(^CD[(LB8#$J=(7U)"!3]H__+\17W\N<*F
M4]B%BV@:MDNY]AS=)`KA$2^8:8_4Y;?'+Q[!-^HM:^)"7"['L^D/!RB6<F?3
MQJ_(^C8I\]%QR3L9&@EF\]7O/GD$UJ!K_&0ADU+"BY?]\:=*J;$B_-*VY?`@
MS;XN9W0MQ&!:*EV3B-[O..7]RM.4<=E'Z"WEXCC8C<W'!]U1#8L\0Q_P;'9Y
M9Y.Z(YK8]3KZ\0^=@'A;?5Y_PB_8V-0.X7?NS)7G.NP+?7'44<I=3D>\#K*C
M&?;1W<&2".R%/N[BSRIE:TC&@Z?U"CL/<PH*B-!\_,O;`+$;8R8F)Z`'/DE[
MX,-1FP0@5%Q?69#0UE]8;JGDEOV,76)D%U3=1@[Z[A$CV\/T;30SX@(P34?]
M^EWSXL)X^K+X%3[Q#W`]Y="?3U(NFJA<CV(GR'FF'"+_T`WX0F"2Z5:@J^6J
M>.83[&%^D^@Y]^?=QT.\2X4"AOVRK`LE.!F*;M^NS:.]A=VV"18<X'\ZOC)(
MF>R<#.6Y@:M*!XJZ@X\SMZD@3'^:=OYJ5;R<8J:9T:ZB6$GXA,4D%7B1Y7%I
M]1MK`9ITHM[\@QE_1ON@)OEW^_7A_OO_(+,7L._I(9]['H]X%W5._:H[/S*5
M\N,K6CG$&&U1/FL,)YST]?H/K"W(ZKYBP\]@/.NK35QEF1H1H(5)3=W6T'>F
M:BUQY`]_LGRO-9I=$)'[&/1S):+$L'\\H]NP,VQB:E>N:^LSCQ51/5G1>G:R
M-Q6;28=F#C(K7[2=Q1,CJ;N:$](_89,U;B1CW"#;7E,$NJ2R7-3NUK=/1`I"
M3%)A(F4\3+&/!S\:!D];<E]#>.($4%.Z/B-5$%,(--&\9]@.[-:VENP"A(0`
MF=H7M-:L5]-)+)=\^F0C>E/GCK1;0=V^<[6IH,YP.DQF;+G,/"8$]<'4R%->
M&<0,%(XB,\;ZU"9HPHW>_-EROP9-PA.?1K*0Y%*.YW8+]CV#HGXL%CGZ)C`)
M8Y<)BF2(R'X1G*9"+;$([B*BX$D7L;-DTU240^&8\2Q4LW5H,%G9S+I=+18V
M7A!J?&)-"NJI96Y-"FV:"H'D+$>IB`T\)*!6CK>L=&&:"GD,^/#[5/G;PE+`
M:2HR4B]W&RPY*A:!.9#Q:I"#J=B(DLXIB%U@U"EVI6(=XP)G'8XL0VF`-0)0
M.A68Z`^&2G>0Z$F7L$]3@86.H]#3YG8JL)+SP`)W)/J%4(Q\0HB5/"M[;5D_
M&#UHR1G6Z,+H&>)C7/\D"081!>AR$R18>38F$G_1&P9QI<*SXE'V7\SQR6;`
M[^1#-SB/G(`81R:TZ'L2(][J+S@@S9-UJ\]=C,W@][WR1JB=/GJ13C<=*/QO
M[&!NM,%MK.DTK:2;BWO+TM;;63_V$9*#;QQ/\JN9<S]SHD.#J;,TN\F<BBCD
M]##%/(A4GAGE>)&C]FTW*W;U$:CUE%%E`=5";+A&)3=%*4:D//("1XB/P*S9
MMH,FH[5K;%BO,1=_MY&&_ZF[SY;G_JZ_$/)\G,^Q2G2KGRQT'^:_>P0,$,9@
MYXMMO>C$YEROHP1Q\$?+/GH3\2UL2+)`27)@F#*U\CX[6RVMNL&IO2?.=S)J
ME,9$(C"J$4.C8?W[)X)EC42F/XJ$^$EB.Y6S3M=N1,_]TT:KU1YOH+J]N*D.
M4UY\->"@R$F6(.6>)06\N'8_TQ'=$V02GQF42E="U\`[!NX,@XE0?H[M<LTY
MD=CGF>]H),J"/EL^F<K5[OCX(%%,<;VF-M5&1",0>FU(-"-+ZH$M4G_\29P1
M,JTD\+A>$Q'U5K2P):1R\L]7"!4^KA0=[GF(KLL^Q*:43TW8=("JE9+^*$K5
M0"@Y54#0'T7.8,L(5@N]4KYS?]JKC6#[8M'"[D4YG5D?]$8BD$P$?9B%V.I@
M2LHC[A=C";5YF35SY,L?HGK<*R<HWXWM>&DO]QH9=*F/SQAO5O1&`(!0UUL^
M87M)YI+B4?&2Y8_D>4U+I=F"E86+W9Y%1EWR;FZD^RA,D[&B<H3.8IA?3@Z\
M.H)7J93T))M5!4E<Q[;:IPQWLNI`=6P19C'8R_A4(7_2#?=X;R4>9RP&&W6X
M^_;07KH6,D\-GK38[('F^!FIAYWUW;NYF_*8Y8B]1YZFN/%LFTR9S9WX;'3J
MQA/Z&?AJ0:"D@HIJLIB4,YFJEL@UN<SU!'6T-:UD=PXSY[0VUQ!G8V^LY<HR
MJ:#2;"L5LM2C3^PD3MC$N,R>2ZQ(Z;WYC;90#CHHLQ;.]#UA%^>X5;-!U!F^
M#']XOT0VV47T+M=+9;,;=-'K7_K'W*'2+W2%2C^[XSL9<D%`JZD%+_G;+?OO
MT"T(^7O!*^,IM_?Z8^5;[WC'[0['+7B\_]:'J,WX9-^-$R/%9UCPJIGENM8R
MZW;@X"]'7H,<O:?,#4L3QF'V^ZLOPC/+T#+O7&*GG*2/Q&)H$MER3*M+??FL
MR#5,&1L@7.I1#-N[-TK<TU3)1LUU7XDR52Y*"D^9G1>\O2:1NC,E,IA!H4FA
MF]J:V?3[V#;8W/,YK@/GH!V.6NZ@7JU!S?(QO#WJ7G60`G&EH`]2`%(@*YS0
M0D6@8/M!87%!;3N"!R+8>8UGX$%*+OJ)G4MQ(4#&G5IU\Z'`M5S]83/*,WRO
M@(X;,!`8"`S,:<OJ]L0;,;JG'S7C:*=OL4:[3;3*0%>SZ9NZ?3W<V<4N8$_K
M`X[S/P=Q`'$`<0!QR)Q_H7`/0!&`(CGEBN7-0=6T3!O(/6!9RU@V`8ZUC&-E
M8^M@<L'D9GK_?H$7Z(.6Z8-BR39@F0@L`XZUC&-O1[^`V:TDT]V"_/4'/,>V
MC;4V)K`%VKP=2%8"M8':D,<%3ZYA3P[RN*T$F0,(QK6-9?)H"#QK&<_ZPT)I
M"C"\8'A/.(3:S`FTXZLLCYEHTQJG71%:D(@:XHF30O%$D(D.R(1<"$IV&Y:<
M6HB9]7"E%ZM);V=^<XQ?I+EE2SKKG.$'GMNH,*H]%2GJ,8\6*Z%Q*[$*B%G+
MQ$P>C4#.0,ZJC_6,"K6E$`5430!1E>7\70(Y2>HSLA=8D]ZJK-,>UGZ17$MR
MR*?XV3+(#)W_1LO5^[_UI^\ES'J.2S9FC=G)]]J5\,^_K5N@>3J9U@8.`@<[
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M;M1^9=J'(QN/NIRC'I(UKMN4=F4L0)!!D#-),VUER`SD&.1XVX%N0:3OG8L(
M,:/?-/V%_OR/=YYSOD!H=?FH/F/-,_##_,9:KBR3B*'S,/=/<CZAGQ]_TEP8
MOO8;9#S1L9[(_*\-2_WQVW_^AR3](QPH[-A,'KIR'.PZ'["MOR!7?\%WIN/:
MWI(.37"G20GP%<]_?7/U^/WA]OL'K/;E[_0V^^\?35=WU]\IC2?R8#@9OI$T
MK.I+9#B_OCD?O9%T[=<W=Q^^RSU%?B-YINZ/\^WQPYO?^F.?.?'2\LWHP"H>
MW&=L4]+8^)E0@CS[R7+X+4/97L:^^6?/97,!_C<+SN][\/3W&\MD6Y4E/^]<
MO'2N?NI.].>'%;;)G\S%(UXPXMWCY0S;T=_9%5+T#]>>HYO8<<+OL5&6,_W[
MM\<O9'/KZJUN(E.E?/!L^H,_T&XZ];?I-)Q,4@SWU^[3@[SL\HN-E[JW=#XB
MV\3:9^SZ;]61\;N'R&M='$^`K-RUD4JF:FKL0ZS%XK))S]NO#_??_P>9O8"<
M3P_YB!M1YW=L+6RT>M959##*J&3WN_;Z^^_7NRDP2`G\*%P_W[5NRE.L'ZY4
MU5MZ[(1V6A!]A4'%<5-'E"%<<O7#-[]1_16H+Z9>Z7M"#1NK2@.M''P9_O!^
MB>P%T9G$Y%PJO4TO.YT"V>N%RX5=<+D@T"@T>($(D-*?[H!0>[WU\*EF5I`K
M/C'IIQ86XJA];PX?*X,*:"D*^^W5EYZ996B9*.%;=$2R"%AHB)ZI<$\N<FZ'
M=81;US;NRK.J`L55'#7#WC!A;XL2H*)`1>U141,V^UQ*2OK=/[W]R3^]#9H*
M-%49334]5$P"FDH\T6N'IO+[2I124+GVE#`JJE)J!MW3I9O@%%(;Z%JOBLPS
M>CN49+Z,[V#D3ZMTH>A>=1B^I28QOS,E,IBA6V:A7'"S>IA#;8E`>OLQ:C]P
M1H9RVZ!H`E5<-1]J5?A/\2G3UO"AK#XZPD!4RP-:JE(H!5J;33I<!BZ"43JF
MR5_EYFAGFO`:&33H?B;]#S(]9*\E^4Q2>L6ND*[6IRG103%'#E:4Y/1X6$*(
M\JQS6*$0O95'Q8Z8IR3F"$Z!R%0K+]4)"\A*[;(RJG:9HPK7^58>%[MKO3Y`
MDJK?@4ABHY'$6O7&,%4P=909;EKS54B@(Z@CRMRK'7YTS/@I'2N$"H2ZE$,*
MD*,I9)5-K`5(5-H4'B5AK:U_D6:8MNZ2;*P:R''TN:ZR:$JS@<4VJF6NQ[X*
M]=!MMVHKK_4Y4E[I$.'YV!2>8C\JUHZF/I,%E4IU&JVK):T?=A(V"6O2W+:6
MTM7#3:$FSS7&&2LZ7GR$(:MX0E4:OG%/./4K$'MKX&U5C#T'ON8+M%4TGRK-
M=K%-"\F_T1'M#ZI-Z7W&KK3"MFYIDG7(8134_%8>AS_53)S2$\_E$8*GK4R5
M">B_"L#,%N>RE+Z@/O'VFL$EAD06)+(@D55+T%$(#0C^1>&2P0]898T1I+[8
M18/5'!/H5BQO4*AUH>@Q'\[<;7$H3P:^GFPH;UC(?:S/U`[`V1#<V1#`RZ\_
M#">(WNM*G`S(77LD2PCM7[NCU4;]#T6#;0R!<3WUH$S$.R8C<(R-9Y2^.W07
MKFJ0R+VHIWW`<$'A8"51"R@<3"D!63S;)Q"#6QQO?#L$SIYNQ/&M#,8[&+NU
MZ3TH'VQ9W))O;X:IL/JY*X%1GOSL<*L-@>*N7'?HH.!]E;696*@A%#VM5U`,
MRD50\S6V*Y.$X[V&RFET#(&$F7W%XZ<CD7E>(&J*"SR-,H6$Y6J2(+@G=G!O
M6BQ&T*T04*N#>S(<^#[AV-ZD7&POQ_2/L[:INR;!\1#-\1#`YX=ZPA,/FP&Y
M1:XGK$S[0P-"J"44J:)*P%I"62YT%7B[*]J$JB1\JXS%\W6[4TPX+=7+"$S6
M*9@LJ"+L:J#QM(ZV0I@Q/HL.?#W9*&,QJ'JB)KNU&3UV>1R4#;8B/,G5T@J;
M^.E*]).KTPI5@R)$5[DF9L4TJ]`)I"69N\:;\7#P1W/,IU0.[Z2I7SWI@>Y5
MN'.'IP-9O?;Z6SLK*,N%2!IUL;*$7;.\F8$SI;U?$O!QY$;%%SY739@J/<2^
ML#$[`0@OC$0*197J_-MV7T#=$6DL[&U73)=*KP601?#.W[F($"OZ3=-?Z,__
M>.<YYPN$5I>/ZC/6/`,_S*]4U5MZ!G*QQBJ";I*AWCL6Z?UD.<X3'>^)3/3:
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M3`?Q6C(GY,^9:,O+7<K]FVEC8GO^C;4_+(.2/-S+5[;ND%\_$(*8BR^LB<B#
M&1/HG[K[S,9\>D;F$UZN+!O9Z[OE"NDVW?1T"$S,QCYU5X@FF]Q5MKE[WH]4
M>:/+/4QQ^M6O6S6UL6FYM:WEE:7J@402XT-^^B>9!-:L5_-A'D^):-6'^7X"
M'Z\^^_UM`O?SD)?WVC;WW",V#,HR;-+]2!Z_T@@NTHF=818G"V(4%+@,G416
M<.=B8OV3*NMAA>D[J3)=,!/G:Z/H[X\NT1GT#]<>D2KL..'W(O3R[?$+P;.Z
M>JN;-.Q#K*5GTQ\.J;5!BB\IK9:/3%O*GXBOZ]P2:?X3&1[^H#NJ89$I$6Q%
M>$+W1%'DIIL$D;G?[]@_=.W1TLGN6F'70\8'/'/)]#[^Y9%G8^9OT3*:U/4Z
M^O$/G2S-5I_7GX@!-S98$WWGSEQYKL.^(!^BZC!E/E/6\S"%FJ,H`<"Z1C[0
MD7%OV>X"+8CZ5W]@[3/9?@MLJFO^-.UO#7F/_F793^L5=A[F.QB[,>;F1'=R
M?Q<"N%[?;&B9AWD&LLA\>/W%)C)@KZ_)_B!/Z^3'0^*1<AP&;9&.6)\ME]A6
M4P)2Y:Y3.B0A*2^)8'+A9&3W]-/.4F\\&95=0.A+$V;4HP=OR(!4V\5>:,HP
M1X&/:$84=ZP0L8WX2E59@?GUFHGJ#?EH8=GKAWG&J^)7)%8IHF2F/$-Y9\SC
M`)\VF1M]\QXC^C5*'8J2OYG6C(9C_+E394`&L$R5O(`M-AJ..B@.$RDV3%&/
M<K<4,'#*!O8U1V6V;R?1!RGG<S+<)CIO^G$/1AWOG0WDE+T<ID(OQ6)&U.D@
M']&''-_7>C!]Z$Q,6N*Q*S>BJ^]>8'UA?ORI$J]ML<\S.!QY"^5AV[UY\-Q<
M4=0-H3IVD%UNAF]'Z0.6&;D9X;<2XQ(2QAYPO'5"7AP2ZY37K6QXA:49E!D?
M9+2(AGHD6T-7]P8-2PANRNL=R2DKN'=:E>G(+QY13\@IM_!]IM.R:4S#Q0_$
M*UVP632@-U/>;6"KJM&;$4TKXQH-<U3!L1C6A]%)NJ$IJ([95P&B/\B_E!^=
M3K#PIFYUO,.N:[`!JMIS`@"5E&<KI]R6:DBZ@VV^BQ&\27O8&N2&68D[,[9A
MH>6JB$,B!%9$\"(&&?[M+C$YEH65;>3P!01"&9Y&<<^^\#47D%C'UDWY[.?]
M%%9IC(HQ:N<SA3MS"RK2+R],*C^[IO%@ARDQ7R);P]B4QQ[`:V$HV;#)/<PM
M(17Z3H8/4]&"9FUP^7<\V<ATYMAVF%_K$Z$"A@J*@H>I\$>_2B\FB]CUH:N6
M;D:AT-4P7<VPVY)SAE<"B423N2HAQ2(5C6H%W.Z$\A=+4-)ALU2"NAF#4T-N
M2!$VS"F6C*1"<^-4X5"U*:EC1W<VAX\*M#E+1C:=/UNNL.:&%<''J=N'>;*0
M]D_]8#W\,!W\FZ9KNRMA6ZLDXW!5P<E(1+K8GUO\_AAYV"BM$`"A=DP:TA'&
M/>FX4KRJ`CY$$N97<]^9*GFK@PG;V;]M"0<.TP4\DU0Q12T4JY1)^</+7.J[
M:V#<*!76JXYA^:DG5&`^H3-:P]54<.\\QDSBD35F-U'^KHU4US_+^&#>F9AX
M0#J931AE^601OXZ,A5=T/D_6!V(GR*_4WFE^I1;S_,@8U)P7K=?+?S3BD=)%
M^Z1C\^MRYNR8YR$VI4)J`WF<9!-O<L2$CMQC8JPM)E-/KU8EAW1&J0"1/)TD
M%YDYE8:Q]Q$E$OEJ;0V/3>P)J\^F_I>'XU)=W6%UO5B[0<[SK6&]'A*>5#Q%
MX19/R0&#*>?B)3-W^H;-WUXAF[BDV*4GC_QFV-$T"I)\]]I3<8+)QL&ZPA/;
M;W"^4MU&X`:]P!$MZA0<=@AKFUF)U(1JO6![_16E_7\VY\V3"NBGOO26O$#[
M#=$PNIMR,)(\&R19EO3C5QX]&MJ[&`QWFZ,MHC?`H<*A_OW<.CS,([&62!.>
MD^,L3LK`R2,X^4_6?0QK5V0;DV&:XN@D@Z/R]`B._FZSL[6LTT6@G:A33YSI
M%=(UO^2Z*$MY=M<8I?W4P0;BRK.`ZI=+41V%H%Z,-PG$IC"4R57A<[P4HA(Z
M_8$-2Z6=0@[2:9RN]CB23-O'=P3IOU*`>+>Z[;@,Z-]?/^:4LW'*`5-X=G$I
M=^A.W)I[OB?@HA?J/[%V3W934L7O9EW**4O'$^L])%FAG>/(PIH.TC8I&2E/
M5FF-9-"=?&^9F!#&_D'KZYKK8S!..:X#)=WT1F`ZBM<:8IQN#='PP>ZVG!(Z
M6ETE3L0(?>A_G,J?IP[Y-BX9NR>?<:)C)/?Y+(#;)--]"4;*9$?SC<V)4#MM
M$:1OJ3^XQL?&Z4YKDQ3\W'[Y%HTTXD$2V43&%X+H[\P;M-+=PBW5=LYPDG(P
M^G*&%<B>Q.9,O]AXCFF\FRWE"[(?;`;J-;:JL--8B8GWDO/>V>A,CJ>=;T;;
M[?R8>[UFC["_[Q70`Q'XN\^WR4DG(:W#QJ:'_8<C93@8)5OOI::P.4>J%^-3
MTL=&=?>VV>.D]2894&V0ZI:T8SVE%UVT)R:O1:<S`OUAJD8[UZ)W]QR\6A*<
M3BWTC>6XPC=8G*2`T;"7/H"6<[6;)(HF<["A6[F&J;R$(]T>*@4$MI:TN=[/
MV,UU_C!_(CQ?8XBOV$6Z260BR!L?6F<*,@Q'J4J4C;5L+G/?><&PX=\7*A26
M>>6ZMC[S6!?C)XNH>3+W&@F3NQ/';EIE=53:IE5)@FPU1Z2FY=DR-&P[_N+\
M8A#:SC)KC,^620EJ6ZQ98"B?I;/Z7`4N`VL-T^T.N2S\(&2X4LG8!'C4*(8;
MLTC3:A.)3'L92*3?[P]ZX\%>(!(N+*63:+;\BVV]Z!K6KM??'%I6%#0\,1=7
MJJN_,$5.*RETTR.?!5TQMXM#>)4[3-.E-_)PE#(YY68>9R"VR]_NS*A)9]#F
ME,;FJ4Q5THMFFCX41IR?9*8@_P2W4#U:LS`\,<E?\2KH@4*K0R.GI1KV[3O.
M='A.V^Y=HC_K%_*3NHZZTY=C1SS?P9O?:/?\H'D^_7$5=N_?OF"'`(:%;M([
M#"[E/KM<(/C$OZ?@DMX60+0-/L^^$^G(^P?8KZ_^B#.B`(._L^L2J#.GJ^$T
MZ"39)/QWWEBI2PJJFX+_R@2[TA<DK(H0>%`;?;.)]_3,-GR$J*5YV`2*O")0
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M#/[,DB*V?6V<L6G?ZK_XE)1'O?=T![OLEFV^%,4,4TIZE`R0D"O9NO.#"K[C
MS:E72S]U+3)#)ICQUB"?^7L,,_6$(JQ$AM,P\5WI>7UCS33&6WU[-<&;`S#N
M:Q'ZN16E&^@+T,RQ[)EDL%*&,_8%=N\-_9N-54SO&+=I:P"/D,;&KF>;@8I*
M?G.)?F`&-1RFL=#,\ESV#7\EH<#*X_?DCWP)'!'E0MK+_PTK0=20F:&TES0Y
M0HFVI8]:OBWN/FYM`?>9""&]RD@BC@[5LDN+_)D81$H2@O9H+38F0NKJ*K.3
MNQ2T;S?4)/SSOTY>2>7;QH&;IL\38NW3FBIBSI9L0ZV_=3RRQ^FKS'`KD(5J
M>.8F-N,9F<@LC"W%=HQ^O/`(&<COF/[R2J3")2*S(F)MK?QU4MOD$'ML(#NQ
MIWX)-@<A<-K4D&?"GQUI0;<6,:QYC"KE"Z$I@0U[OLR7FOZK'6E%?J`*BFT9
MGXG87A'AP(R11)Z))D5;NF=EO1(C3Q2#1MBON@'PBM17)".,3DL:877(OF&)
M0J;1=+(KU9T:A-9P6TM=E8BC.+?L)=.03`G.MN:Q1]=19F1J.U\>?(`8T-V?
M)\&-AD:6QIO2K.<*6?0,)ZE`IQ2Q_<DG1$CX5]WU,>=^R3F3?I@$S-)-P)CB
MQU)C@;?79QN[U+626G+S[:&B3'S!89"8:9?(INI,9G:\[4+Z2A-&]#V5@2UZ
M1EP:7$IA.%F*@FEA-+TR+";-^0Y--4R4&"0D9J).?TN;HU+OD9[XCI>0%FR0
MW>]+%EJMB(Q3R9@CW99>6'(IT*7TST248@E&?N::[FF^<XM?P7=<(W%XCN@-
M%=LTN+H).MA.(:MEJN]\MCZGFF5&#YX<A2_VP(=BZ.28($G\AO1]AOO"09N!
MH^R<C___0?$_#9Y]_+EB90[^81:>)9^FXRTSNK[N#INE\FSR-'T`^*AEI9+]
M2]U;TK@A,4ITL"OW!MGVFJ4)N9[J>J)>3]XKCZ:I]%H_?;?&P<E7+`75=;G:
M39=4.FZ0SL,W+1<%>RL4WQWI/%MJ;Q24C5K7&Q2`%UAP*B<6),2.7W!<]\NV
M)-:BKO:),D%ZMC$\^T(=-<O/EP1/A*=I/5I.Y$?R'SS7<8DU/:*:D1T"]NP7
MK!LL0!D4&X=U@HQRR*.O_T0<QGLRJ?#$UBZRR;WTJ0MYFJK;JIP2_`C_E3SI
M!VL?YNS(R.8IC<_8#8^]5D']H,82:SX#]I,^E;9+=R>KAQ(MH/YN*J;/3K2>
MBE$6_&$>/?7%<IC[\<W$R#:Q%NBRX-(-3A=>R;UT$5OZQK]ZEU:S3OYBZV2X
MU?ZRTUTGPG@KYXQK/\:I4N3Z2"*:GJB+#2E/H\6ZA5:!;+Q%!`*G/!E.!$XM
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M^MX>VO>'@W*45UEV8_\T_9?40GF_.2++:[`R<!J(_G3U40H5AS0/LD?_1]"C
M]-'4L":1#<14@M27SR2ZCXKP;,Q"L(6XYC^RBV\UCL[84I"76ZQ,C/[.M:M5
M#$0#9<DF_?A(P:Q5*3#,QJ2RA$[(LZI\6F$/W0=^7J$RL@?CUT+U8^A=V<+W
M<29CWU<VCP(ZHJ]<*)7.)7Q!R^@BSDSZPZHY-`0.E9I)[?JT%5019R:P@T2?
M2;_BJ?1;215Q9B+B#N*ZVERX>20?\^+@*8%\D.H\.9']LR!4T!+G3&"7*TP*
MB4[)_O0HH0P?JX665ZIJX^SC?K7JOUK'#Y5]RVQ$K>-S4@,"6M&!<M2V#!^K
M.<S<J7UYU`N*8^L64ZB=FNM$T&T.!-=-:!MEOQ`]Y"`Z+A,?X=(DX@UR,HXD
M"4;*-D!<:RZQRHF&+2E@DT8H.I2/T)VRZ+:R#7(2%M"V04H&QQ`3=ERULBG@
MVL3'J/FA6#>A:K(82W1T)3Y0I?T&1*=B&S!J5._;*05?Y38/CBJT@9X<("J`
MCQ;)9G"BK!7D%!H7%\RFMEXF!5R;^(`X+^"KO+R\JM,/M<)G>NA,=,"W60Y9
M%=GKA-FA4R<ZY4/,7#'I:X7F;4*2H<FH6O3K1$OL;N\V$)]!\JIU?6VP_\IQ
MO"5KPM8*XI^DY/LM)UI!_CIH+[2Y!<'G1W]VXTZ*^(ZW*O?NK%>]E=.-TM\E
MWB0@QP/GJ6*&U^FB'3H3O<\UDWM;\RQ[B"&+KIKES0R<2=A^N=/3_"3YOXIH
MJV&OZ'F*,F1AG90/`)O>=H4:/\J,!G*#CA,(XR&B]$<B22*;314T>2L/QQG&
M!@11'$$L?!:]:EE,G5WG1YF2;4@:/FK8#7DL?.JQ:GE,U9'SH\QX6DH><\P>
MQ+&<.!9N,U"Q-'**P&?:ZOZPD*D&<03M6*EV+&FM01RK%\<ZJ9)'&JNCRUMY
M"MI1=''LDG9\V\\*XX)`BB20R4:@S4LCEXZA6309]D9'A[(W;U+:R`>,]J6`
M)IME%S%U-PD6D[>@!$4O*$.PR0Z"?4_\=S3EMCV!XK2KGR![4E+2N?2%W9)'
M1J#7;H8M9Y%_PQ&[2))>^+R@5XJM@G8H&7>%95+O'6O+'/V6Z-<,K9NKSW4=
MV;J9>Z/>F/S[VS<K=20;P]?47-!^?`OG0C60T,(YCPZ'%L['MG!NK/2DPVV<
MQ6F-*,Y,H)6SZ#,1L8VF"'019R;0REGLF<`.$GTFT,I9[)F(N(/@W.2QOD@W
MFX@<T<JY82=-8-?KF';.35&S#;U$H*5S>VQ%K>-#2V=HFUC[OCSJ!0VW=*Y7
MY@1<F_CH%%HQ<V_%#`B5:SMF@*C0DKESV"*?&H66S`W)";1D[N:.`ZP*+9G%
MA:S'MF0&P,JK+3-@56C-7-]V;U%#/6C-W"W9A-;,T)H9@+%HP`]:,^>AIM*3
ME5;L.6C/+`#DKIC\T**Y0_TZH44SM&CNJ.1#BV9HT=Q%P8<6S9UKT;SWS#.T
M:.;>+Z5++9HGPW(GZJ%_#W1IYF1M^OUB79I!%AN0Q4XU:@;5*+HX=JK7WE0!
M_2BX0':H4[-<['(/D$90C]4V:BZ7@P-QA$;-'&TUF&KAI;%+RA&B/**+8T>Z
M-!^X$FY_E^;M-$OI7I6<VC3SJ#8JVZ6YB=ZG5=&SR#'WS.`HIWELQ3J!VCO#
M?[P(7KS/Y.G3?!=.X47S4IU83I/FN\(XO-KZE^GL<IH4!REO@.;5SJ14+YD3
MI3A(>>TTSW:L>"'_HSKNE[DU9734K2FC4[LUY1_OEC/]\E%]QIIGX(<Y;9=Y
M96KL'^U?GN/2=WS\N<*F@X.2Q2="LFO#4G_\]I__(4G_H,_?F:J-D8,_8/_?
M.W/'`*KU@FV=K$HE\R7C?,7S7]_<?GVX__X_R.S)WY6>//C^]/"=#-0/?OMH
MNKJ[_DXI-9$'P\GPC:1AE5#)<'Y]<SYZ(^G:KV_N/GR79;GW1O),W1_TV^.'
M-[_)/H7]11:>9')]CF<C4\7TB>`+E)J$4L$1QCLS?NYA_LU<(9T1D?Q&"PVK
M6:^\O=[S\>:"2\Z:#P'\+]R9B6KO/>3H;Y"CGR;'=S*?[ZSY3G2P^>JG[K"/
M$U,PDU.X9Z>T=A-221%R*O.B9,;RJ]DXC5"NGZ)<G].>N]5-0G$=&;][B-#>
MQ=AOZ)LDP-7C]X?;O9N'+8X>KS$L!VM7[BW2[3^1X>'/EDO?2K1]\M.('NRW
M_,_Y9/KN.><+A%;?H\^OU_=DV9Z-Z6*OD:,[[`WA]SXZ1)\CE^C=Z(GHA^#E
MY-E#/!AL\V#0&VZ([PY2^K0.YG+Y!S:T)^L>N9Y-2/B(5?HOX4@TH;91/OKQ
M#YWL5EM]7G_"+]C88$#TG3MSY;D.^T)_:\@_B3VFF_V.%C1CQV4K)82Y7I.]
MY#CZ7%<1W=8/<Y\&&R_(?'CM6_GU-38Q>5HG/Q[B\7";Q\JHKX0\SLW"38Y_
MLLS%$[:7'_#,[1R7E4,4'Z7`A#Q.43R3A+$.(RO!^@OE_ZUEWYDOV-=ZSJ-E
M:/L(O4MY"ZO(;I!MKPDP_8I7ENV2$1EB/4*7C5-RKB0UV3Z";@EW8.*2XA]/
MX[-EVG1[V!1,GQ(C^%B4R387AM/^,"7[N2D<;XC/V/T=Z:83@$PSLDP$8;FV
MQWB9))ZI$3X39\_\^-/WA\H`:<:&!"%O"!2C>4%"+NW1)?_/7O\P?U@13<*`
M6L2\$,1](XLBWN*_L998!IGB%P)>+(V@'<,C;+PS/R+;)`NG?R*X#[O,IXKI
M]>CJAD&U=676:S=OIRF]MK'#2G-H<QLFY)E)K?9`@;(O%DQZZ<OHN]*T`U:7
M9+62\H>'*0-6@C\[&/W`?)Q/%C(=NNPKQZ?*M/<!K9T'^YY(RQ?DN!_V0XTL
MQ:MA_?LGO$!&:9P5/18'/N+YSQ_QBL!D%U^I[%`^`7KWZ%^6?4,^6ECV^F$>
M&YZ$_^3H&OF`;!2R0G>!%IB1X!"+4BZ\TI=W\B@_:1-NU.;#5XN%34CHX@3C
M-=U;4A!##!'>ZU\594IRU_E_)DJ"2!&1GEV@^L^[CX=(EG+6E=Z&SUETQ3&M
MKEZ0;@3@XA$9^,9;>@91#R^8A4.>B&9XPDN"<(@@W2V)DVQ3&:`"$R+M@NAY
M]R)3?O6TEUQC^9GN7G7\'>8EQGJ0N>ZJZK^*:H($`"OJ-NCLT>];.RD4G&^/
M3$E35?K%HGI41<:C-]/T%]VARKJ*71QI6OTGU@(?2C\8`%%2SO=D'Y^.HJW0
MK`JL_^\T?F/2OU)72"#^I!SG:CBSR_5./$F'5*V%20?]@_@K1`M^*A[0VKW2
ME,.J]#:0W?%3W+3TNRE'O#[;I<_>6(Y;U)!DBQFUK?>6B8EPV#^P&[]+P""-
MDG)>Y?YHVYCGI-X1>YXBM6/V?!8S1-BY*2=T.CI*M>ZC2XVJM9C,9^#):Z3^
MP-K5`IMJ)3#V2#:E_,F^W&8+R(E-GRGP%(M3_;0[6!&C#NLZ/AR(_0R;0ET7
M4^RQTT0T2?J4FR>/1I/\IJ$BLNZ>;\K'&HVFJ=A!^?D2!]'53<_RML3KB^7H
MS-7%CL-\F5=LO&""`]SGX_-1;9>AE$LX*")"I4C-BY_)P1]LFCS!=D7\_/;X
M9+.0UIHXD;%W(A`_4YZC/$[%V"LB=;[,;YW<W$VFE`/7'_>WR53)"G@)?6<%
M/.60]M,)5`YDY2/,_`4WY0UR%-R,7/.Q0\G*IOPGH-T1X0DN5E8$9[Z?<C]S
MAE-*TMMGJ(;U2W_B7_%"=UQ:M?,9+4NE/Y.+F[[Y[?[Z[DJZ^WSSCW>[7K:Y
ML4I$$&O/$0Q2KLYHTN]M;[Z=?LNU9=O6*\UQ?3,U;$=54UI"JA<VQD<YD_43
M(^5\!%6B25H46O+.2@MBB1Y=2_WQ;!ED$.?C7QY9`B^%.D@Y)?)(F0RV5W)H
M.IN3_V+C.;9M['_Q\1D1VCYXKN,B4RM>&Y*<^]WGV^3DD^C=8:]AH>B<\\AG
MXYI+J.YF6@KE*I->*L.Y:T%Y(=AGRZ0Y:R*;/%43+Q)DI2"*K&F3"D\VHA(A
M-M=3T&\X&6\S/;60O-Q^?+9LEZ9O$PH\=^I!#/N4SA3T1M/\V/@@!39)R73*
MG>-X6/O@T<H.OX:%`4BF:JZ10Y];TF)LAJQ*U=Y$OD=8:.,K7CJ^9;*I)@D<
M>C%LDH?HE@)EYZD$2_'%;A*+_&5IF0DU[(]U=`8E%Q$2+TV38,N23#,LB3(>
M3V1ET$_08<<ZMLQ?<(B(2%A0"F4NKE17?TEKEH*'#7;R<)C"9F3RVTS</Z_L
M-3Q95RJAL8USQD=Y'<,9IH.[@VD*EA28Y>;RON+PI-?#?%^M#C?^I&'6-,6?
M/9/:VDW(>::G9,@_=`.\D(62AZ(:NHW#(=4L)Q4V5=)ATR*SC#WN+[:E$H3L
MW-K6,C83S"_-MJ/5+#"%L`('M?#T=JJ&Y$A9IJ>:;96"3>=#.14@+3#+V+,.
MD<=Z.;,,3B[U<,1<:M^;WGC!X5-TPKN0PQ1>&<4:;M_*-D4JO+T[N*10?-=Y
MF`X"#08I[V5[69N+9@5Y":=4_$6G,OI*VIQMKVK;9KE()Q0)2X43,:X/S(4H
M6AVT<[*C-)I0)BDD?7@^^Z("7Y#]8#,<YZ-(8A<8HBJQAEYR"5OX(1R>&-Y=
M\8%=,]I<Q0=BOUY846A.\6O(01ZE$$>"=9F+R)V:.1P4$&++C5(@159ZJ3UW
M<)U)2Q.9O2\&UA98NW)N+(-*O(V,=CG+H_3YUL'6Z>S<BVV17WRE:2Q?@(PO
M2"<H]`:M=!<9AXB50DUR*NE4UD-.QU3]PR%T)$IKR[QR75N?>:SCQ)-%(UF$
M;#9A"?E**`#5.M0)#<],%?V:C9_)@H@F(=.UEH<.P8U2,:SS27:PH30IVD?>
M(D&;40H\GBM].>6#\23EMOOS%>LA0"5N'I]N"KO7FP:-(V5#8>69&H\@P/'.
MURA]2C#M-><.`J2[0(10.3[/6\DRQBET>"[W4^O(,[TMQ!$UL'">+,HS4]4-
M_!F[OF:A3M"31:,)A-,ONH:UZ_4WA^;2Z@JRC=,QJ>$X'6#FN(QJPB(E6)\^
M)K9[$QX1'MD^.$FI2,\JJ6O__Z,N29SB"^/^F]]HXZ:@;Q/]<14VGMIN8D7@
M]T(W:3>NL$56\(G?R_BR1SXA2A.?1QV!2_:TDNF(J6OX_+^S-F$4N>AJ.`TZ
M238)_YV4E))?>Y,@IO/?:+EZ_[>)(BOOJ9-F,C3$FF!%YV33K:]618@SJ(TV
MV0N_,XGT$A%;ZM0KE>:4#B^4#F<2P2P2M;W(7$N>0X9^(3)I>0[[NP]%T6IE
M6TA]QLZ9I(>F4B++>):6[+`,HY7.MG+BRQ?2$QD;^:5?](F%1P2?F!]I;MF)
M.4C+F!<2V01D0^@.>5Y"*:H?212?"-)SR$TV`9V=;Z9KIG,/)K%)'4(<Y)(U
M_M279"R'T8I\GS9%LV:T11FS)\%`E`:4OJFO>F;ZR[.U9&,:G:<O9&^A#RRI
MEY3Q9>S/\I6@2@F%OAE[H8T-ID`NI(?TA&RZ`,O!`8_Y4M.7F!EY/WYAZV64
M8M*P0@1%J3KY`IG%J^49&B,%(?+*)I^S%9/ITR/%$F&$$?:((C+Z@@UK198Z
MHXZ!1&0O&)(H3'0A?<N@9'*59`HVGAM8=9-B'6WO\7O'G_"</#:S/#><1]0M
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M`C4BS.[[)`T14S08BM3_TM(("1F%@F$CTFR\T;?J_B8A7"!,H\:<O=ZGJDFM
M#-V"<^(<L*_0\L@9VS4:10EL.+[4]">W85C;N='Z!S;:-FLV@!B5`\=;^5W$
M**6)^G0-MN%,*\*UOM?I6\-HG.069!:5//7"5.D.5!ONN7ZXY^AP2;4>[L%Y
MV`,I*>>19/(5`SI'`A!24KXAXV234593!$\KDXB'+LV)Y2>+(YA+LPQKP>P$
M(9I#@*^!;,G%ZK-)5#K]F-BF5VQ0R[BQGEBA4=*%$_"Q#($9"1KZ&)FL)4ER
MLB*T\+V%?WG:@OU`1L1^0S(RR'YY?A<CDSRNV[11QXWB.8;5*&$B::1()!11
ME:]44'5(0Y]4VUO9_"%N"+,O*-AA5(KBC45PQQ9.8G\WF3H,N&XCTZ%?H;N5
M"@,9*<,;L%2BW0,[Y'ASFN*CK`[LC>IORA?+(%)%Y[KR0T>1_"81,G/GR?\O
M+.:YTG93%]*64^POBS=X0PDBQ":=4)/]O.E^$UM$#WG;/J+S,39S-FRDNXP?
M,\PLN>K;+BH26[1N+R+?$`JJ94-<P=@<R]?[MMFJ&.<EP`!+ZONYU'8NR$>&
M#NT83R14P\B@<JMQ=GX8$GY!]CII`"BB)>:6=JC'[ZETM(V`"6665%+$V\8O
M`::(@V]$;ZP\XCZI9-FQHW]2!BY85A1G2(-V"IR9&#"83#2]YJENH/39CU1'
MK%ARF7WJ_\2BDD1$YW/B^?@@#Q%SHF$6X\3^R^9$YUAV,K)YEH8/Y30;6:*[
M7C%]'<SW+#*B](_A(LA<33(4G3:5^S5.AD.U30VR,I!*S`?3C7[?_V=$_1BR
M<H*#5">(87D,DOF&/*%AB9?O?T;$@HHA@[8;,A<'X!@,E.*`:02#F?>7X!7Y
MRE:HTY\O7VJRU9_E1XY+BTPUQ(D$G*BT`2[ALK$.!Z&GS>C3$9C$/[&MZHXO
M,4D#K>\*HU.*D6%H)SDW""['<%?U3SO3RA`Z0N`*,/P114H(M1U_/LFP-&%<
MX$7$[^)+32I.9%=1UX5%!S6=;!96R11$"`E=&!B)EQJ%%]D*'(\`NF#Z=.%:
MU)>7J"U[93E!+-P'L8%(9(W&<%X,$3>_E<P0D.]0-$2C;C;=PW3RSI8GLQ'7
M)"B*LB6<P<H+Y)T\XO"E9MHOS+>&#'5>*+W4K`J_W=@&(>`]]WD0RF^(;<E'
M3(<SO4<@PPJK$9;-"+]+-@K4)&(0'K/$Y3E]C%(Z')X%OFU,PY5G$N&SZ>=*
M0K"5B/"'X36R634]:5+Y2L(&L-](0-!`_/:$J.M#!";.743I#-V-4RQELRMA
MDBDAA[1^SD\:;*0``\CJ9_4VE7YX^A%%JF%[O&2.4/,XQZY8@()9=_;^,(BE
M.X:E!KX_44I[OW&6D>Q@EGE[S50SSJ@E(<:9BBTAYM*W`I%NI[3366&%7T)'
M?J+\4!'E"/./PZ\&WIN-U:"Q0+@1PJ`\^7L8F"4OXDLU]B*^0X9SC:;=3RNQ
M<M`_*94TRX$,A^A41+-9S%0%B66F2.FF,BV3\)W!:9IC)CCH1QRVH]DK=GR$
M!K)LMH58T!AG)W[;K9"_T@INRIE0\2B]M)-9BCFT]$H:7TJ)@@I"X:B#NY1H
MX<[WQ=&*Y/=^Y"BJ74V:VAB$9%U:5HB3QY2UQ&^(+S\K7,VS602472CD5R9&
MA=#AW1C^G1A!^H]+5Q7:@?!WPYHAXY'P575I_W:?VX>*6\>IFNK^,#SDD2@0
M.WI]J>,46^5T5V[X5`6=D78V9=QN.+.;/*DJZO2IGX.+.O[L4RT2D+[?1BEX
MLJD2Z2_6?Y,6[A&%YM^\X#/YT+I3U<CCC-8PG`1?``H=*1WI&V!&0R55.<N)
M3)6T9HU:3160C?3)MW2M<$936E[G.GES<9)N@S3>Z*&\_]AF^F90O/-N4.>)
M5>5S+GJ=R*FB5U;]'R*$^+96`ZT<?!G^D(0*RF:(.'6)['3[2M?MBV_EPO?$
MROLNU8TOJ-US/ZTR4HK?*AP^E.LZ7WE4_`7!,P=7-MFW,GGC1F,?N@4)`*8R
MMOX2O#DY4153=7.`%O+VU<;%`>Z$C<!^3Y8U9UW>^W_$3DH?35H*0T2;[4JI
M+V>$K/=Q9(L?>9:Y6]+VW9LLM,B7$(QCMDBE8G%'_%C=,&A$J9`D5+@W][%@
MM..R\0WRQW=\RU5OXE&M>YA:HR)<*DJL@HO??S4[\#,//_O`SY/BIR*F/=T*
M-`EH38N)<SUVE,4/LQC]2$\B:N>&CDWIZ_WU8\.FDY>2L*FL%-,1'(GZ7T6H
M..I5N,@1EYJ=K#6.>\7U?3D&@:2T4U+>*K^`J("HY!(5>2@7$I9M<Y]C]B<'
M.\0!$[>Z[;@B8XG*M`K;$J+LHM%0.'W;#<*_'??$,W7=(+T\&(/=:*O=8%W#
M4NQSO%45>S0+8"1>U;B-*A%'JF!_5SN;3CH=P-ERFGXR!<Z>)&>'A5)"8,)%
M,N%^Q0JK-OYT]5'"?J6*]';&.A.[Q9QZP>+*6?M)LSQZ$C=K0_6[$3.JF"H5
M&I#^$:E*8>*1((RG)8QR(;\5A!&$L4(`5BBG=^H`;+@'@/4'1V"4\*$RO!ON
M8-WWK?]**97#2RFO4S8W1+Q]^I5-)'L7<YK'UJ8$:@M";5!2#2BI\>[8JW0N
M^5<-D$>OKA^EFP\/SIET<W_]>.;WWO0[O01MX'"BNX=.+]'(.LS8[%:K=/^T
M6`6UD2X\-VE"5[QCYVBBWZ(#L27._&S=8A(-P@X9A4>6=&0\Q%UG_ZF[SS?D
M;[K[@78)T>EY+?)Y\,2-Y3<!]>@5.,%%$_&5V'DN.LDZ2$F/4SUZ]@O6#8-N
MYYN@#PQVXJ-CR*/3^*0[KG^OQ:%S5JF[!B9RZK*%V@BR??;66F';77\ABW4)
M)^G5*JOX>#/W$UNG>TU!2$FF_R,RIG5_JZX@V%@4#A?E]X5Q7-:K([7"(R?@
MO]#@.QR9]IDT\W2#[@!BM0UZ@0N]14C2E[3U)`YZ$L\]FVQ0CS:BF>L_Z0_.
MUI)9YUEK[KXBFW/7&=H'P^]:Q7?<9"\;K@-?2%>&0?N?98D&WU<]8\/OX4);
ML_`=6G=H7Q=J*37:9$>EMS@P<<$_5;SR&X(9[`/6I6I%OJRS_LY^&\/GX-*,
ME4T_I?.;>X9DZ',<MMCQF_GX[7GI[P[M"$HV[#G=O$$O7MIC.$LB6=<>%%Y-
M%[\RXS7D,;Z$"2=!.]K0%]AXB?S6:;135_A:MI/._,9?^(6!7<FAU^IBV^]-
M%!*4=DAD=$/QG6LQ/8.;2HA:90=W:8<8_X2[0TE"9F!CVFU+8P0A,[%>DKVH
M^"X\\^8)Q%``61K&O(6;-<\WU]*"-I.CTF;1UGPF;82RLAP];.I'I71A,CG@
MO`-,"0<WGG+6:)SI1/N3J>%-<\SFQ"UR6"&.9&+6',Q@5*+T=*2W!D.GOUPD
MN\_<DS^Y./;3;+Q"NNUO-]J+<>'W[PO[987D\7MALT^S[C=H49>AT*#O,H7;
M5H]>&T!`8]!):V6Y?N,4^@PA'/L.[<?$-`!MX>:RII.$E.;";Y^KZC;9]A2$
MTD9=CK=8\!4."O']/F=!.^K-OFUVH(87MN6M-OZD!GTGPD9_:,U:S,TP`0.T
MM[\=]SM@W;$3*Z:2=48&,-1`G077>81]&%5ZW8O[BK'?RC#H<4YI&'<[\IM<
MX>UI!-VAPSYPB<F?;>D"W=?#CA>I9)K!9BU3^5+8,[.:R3N^7F=FP=IL7I>8
M-)TSZSC*6@&R]5ID$Q']QGR2K=6W>VL]U6*08F&*[;+OKE`YI`*[X#V-"'30
M?H9$UC"BW4-I1SPFKKZ]KA#WH0K\C&0;!J&-7^:Q\W(3Y._!Y+M<ZEW"ZZ^R
M9<NAN/9(*5ZJL]4K;E]`KG"TSW^DFAJG3"-?)F5:[ICT]NA#N?CH[)EJ*AN&
MTII`OH+-.'A*4YET38?$^C8,US`8%49L0*QW'*X"J6Z%5'_,%VP$J6;##022
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MP]^L>Y72-%50<ZX,>)(\M>+CM%:6PN9`BZV]W,]4681(5>NL7&5'7\+KDAL@
MU*;0I(#I>#)*&?'ZZ,&/#X\N(0U]S\,\>NI+D$#>0E9?:8YN_X4*M?`B!86G
M*1Q<+T4VN?$5ZR$RC.]O<&Z00^"3HQ^UYS?U242V72W6?0)N498NR\LB^2%R
MIS!XJE7_@16WJ'AS)[F"-_MPYP.F=Y-2)_/*R1+="$)GNF-$\*_7X6/^!54/
M<W\Z&_@[VY<C*F")[/4U.V=,J&:O,_@W2?(OY7Z$=[$T5T!*34OTAM\]1$3'
MQ3@2YPC[;<K]8WS9WDU8T$%@S0VK%[@SKQ)7K.TN..UO%)P6W'"L5-G4/B$B
MY_0RL8,>T#3E`25\OZJI</@2">II^=46=V8,_A[FW\P5TC6_0CL<^$.0Q_]*
M*]9*%?3NHE7JAHQ^/TDJWHO@2QY.TK>+.DHO==]&?\B;.BG9"=6#[_\^87OY
MF5T!?81F_>!?T$54IAM=B$4&^QI4428^C78;^RW_<UNZ-_K\>IVX>(L9I`TU
M^S&HB2#6/GPB^N%#=*O8_GU.UITVDBEXN$7%6/YBHWEKV8E(T"/-O9X2K<.8
M[%>\HL6>FA]_/(+<*1]N-$UNAGT$C<D>J5PM$0&C5P.S[T:S.@:P"<L!/M+>
M3Y])&23IGY.R;0OC5'"^1^FE/,M3B?P(Q),"[J722[F7IQ:2X^ORU\*373ZH
M("Y_H\'[8V,NL:+Z0U\\'X@4*KUQ1M1_`#%_7CSX9+T>V@0I7_)4%%*A'$$-
M(4:EEW)%SX=#G@IG1XX@'#I$:=I=(JY60@P;C!\J<OJBR&DJW[)OP2+F'+H3
M/U3DE&LK#QL((&ZE/LJ&/*Y4E1X.I*3;L;4*AK6.WV>[=T[*RY6Y!<0RUY\D
M+?DS<C!9,?OWSLSLTB`NZ5(>:D2S@@N+:7)C&0;V[20M52$/,X'.18-24>=C
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MYU>D("FB2DJ=.+`:.@(2[/+H)XP$!<9W5ZJKOQ"O%-D_<,$&%TKQE7'#;$(C
ML>P[#L4CY>`(0@[$![2]8R2D,!`"=FVQZX9U.K-7R';3?5,!N`!P.=71`;@T
M`5QHD[L[=D9?1>GFU^)I[S;@EAD]V,,ZLHA/3\&MX3?3.HZ:@%X:X1?M''6#
MG.<&D<M)T/$ZZ/O->H_N(R9`G1:.#E"GD1@-JSEJ@4UN`<:Y,U=>*V@IN)X_
M@HZ`;!J*RQBTV;Y=SDL";'.@]WD):*/FN>%1GFXD&X\IB\O!PVGY&R$+*1&)
M#&;0(ES193-9T5-526*=F.+M)_R"#4G^I06F4"DK^.+!D(#\2AO(/ZB!^#5J
M\8#T_6*D/V7P<D+,_8Q=MV0!-1#^&,)G7K>2MY7]]C8Y$A,5*\"J!PWM;,/N
M._49U[XTF2FMB)!%[GR6JRVI"\9O1B4+2?%!M26,0&UQ2T93H":'1FD2T@!'
M@>(-4[Q2'",..KG5?V+M?(E<>MO!6M+C/G*"(9:*<4BAX<M@B_909E"\XJT+
M5.%<"=BTK0;*`V7*VKYJEQI9UL$^RSJ9%N;>I&P8?J=5_7;Q>"$]V:P#P)I=
M5K>@W49,_^ZZ!395<2NGB[.+(^'^JPA9TJ;;IB):T'9SG/UPW"_#UARS[P1?
MMX%'#KH,*INY+$^`IQQXFC)1>;A:H>-S7BXK5"TH`ZDY":D!KK:#JZ.IO&_^
M`(=+TI>UGF8P>.F9NM]X=&:96I/%0(V&F!K&J2>EQ5H#),_&RM[,^2D17C0-
M7PS#\T!['"<OI2;O>*L*WO,VJT@P\2J05<"8ITQXHJ'["@#!"H'@K643:IF)
M:"A`P&8@H*+L=7E.2<V(!`)')Q4@;I-R'P$"!`38$ED%!-@0X95I#_!?A?CO
MQK)7]$(<+%GQC3F``"$(V!7\IYSU!B>53VZ3=I?W*G?`@(`!!1+6SJAGT0A/
M5/1PKXH&%%B2PO>6[2[0`I_/R"LQ(1"]/8U=L-;9,P?'8,$3U0>EX=J)TH6+
MGH0:-S%I#[01U+S69+S[>XWW$4?4PH<J,>!?L:-K_E7ITG++F)_<Z0:(Z8A'
M>*%B.O*9/-I;-G!*A!?-6ZN_C+_2D`Y(C8!2`X2O3U<"^FLU^C,M\QP0("#`
M;B'`8;'BHA93731[`O`/I`:49&L(OU]1`O83'OO=6,LEMM4,Z`=X#_!>5_">
M4JR0J,54%\V`%(NS"H_WH(+KA&6U,ZI9-,(K+8HPMK!\BS6TA]HMJ-V"VBUA
MZH>@=JLYV@-M!+6M$,')C."$MT22KVF2AF<N',:#,$YK$`)'HD/6KB$';3*&
M,`Z$<5HBK)U1S:(1?KJW5PY`3>&AYH/[C&T))<)%8J'+8+!J;M@NCD9+3`?0
MJY",'53/U@J/-0A7U28,6T<U[-=*\?<0\'?;\3=L!C!>P-B]:>!!BVYU://H
MD7NB['-/QH/"1F1<]E[[G;+Q9+G(D.8[+S\5TE%IZ6WM#3LGXZEHMRXTS\[C
MKX)O]IS-67\H6@-E`9A9XI;LIH^#3NN_F`/$I;7B(BA4!V8>E7T]ZP_VQB&*
M`O0(A@[WP=#I$7<EAP]50H=[R\1K:8GL']A-E%.*A4`[4X@Q4#K3GE>D4@S1
M-'MGDJQP#2XP%@A?HP7I"*KY@NT5=CUD^!6F].Y7_)='HVP`<1J_^JLKJD$D
MA-/OS'UKHBEDZ!$#4@/XJ36$WQ_A[PA\ND'.,P--*OV!(J<79(B7F.P,9AHK
MTZ[H`Y%`$RCA5E@_"`N=*&.!\'59D([@F@_8)DC&U5^P?RX$NH84`30GNE5+
M(XX3I0MT#3EAV@-M!*W$5MO7D>NS99[KIN/9K*$'6%BPL&!AQ=#R8&'!P@I`
M&[$L;$WVNUW-$NY,%]O8<24;N3AAQ2'BWTS$OS.!,I'B_1/13O>(K>$AX`^,
M/=C%8)+5Q@!H7\L)]'V$[TC$GW4+=Z1G;&C2W"(+10:&D`2$)"`D`2&)SM$>
M:"-H2**%0?^/<)Q"B$"!:%WRQ+78$)UIOTL#<0)@+!"^-OL!**DD=3]9R'0D
M&ZM8?T$S`TO(E>9(MZ479'@8(!/D5KH"F<8RG$!MA6T%T'2BC`7"UZ7,`#;!
M^=.30DS#8AW[6ZQI1(),H-Y;85<!,)TH8X'P-1F0O7A)N1C7#)A@]'R*:71,
ML<^H1,*ZS0CN\/!E2F_:0YEMA'5X\.,+;UI$E2.VDLAE-T!YH$P1*S\%(R_F
MZ*TS\E&T2]YW'90R'JVBMQQSN9B*Z8&I_?/T7U(&3T\8&=GOK_Y&F5F&EHFP
M;VE6\4^:593N,:*'L=E-4C3A^!6O+-O5S87T@1[N^N:0'[L12`,5!J.W6(7M
MTV"C::S`BEV\DD=UC<J&]@MHKO_U+!=KTA=;5\E@NEE8-55&A?)<&BJ,#I7-
M,!B_)DX]DFGI<UU%A#?M8%*&FJEL(L7M4F53.<(UK(X_1=U(D!11):5.'%@-
M'0$)=GGT$T:"`N.[*Y6U`[MG5\R5JN"H%;,)C<0>W&=LMX"4@R,(6?;6[1H`
M;2J:7@D0`G9MEX59'IW0"MGN6M@`%@`7,8U_FT<'X-($<*']0NXT,BEB((P6
M&-LVX):9@VUV$JH%]!3<&GXSK>.H">BE$7[1>G9:V-X@<CD).EXC`YDJ[2\M
M6?-]Q`2HT\+1`>HT$J-A;=):8)-;@''NS)77"EH*KN>/H",@FX;B,H:!R(S*
M>4F`;>@%52I>SK`M]>4SGM!&+=*]LT197#W=/@LI$8D,9NB6V>39T<(5/565
M)-:)*=Y^PB_8D,KU_VVB3*<JXM<+0P+R*VT@_Z`&XM>HQ0/2]XN1_I3!RPDQ
M]S-VW9(%U$#X8PBO].3!L9BH=$?SHPJPQ.A];LW)4DTV7T0+;?^\^RC:K6P5
M4;?X@<V*)B+6T<[FJ3VH<!HB'1<5@-*5JJ]N'4$%;@*UZZ$V-!`K"7UN+'ME
ML:OLK!F9#7(;#@#5F$`3KGE89YKN%"=[=;W#Y%Y7J-ZN5D>5H"*.LY=2DW>\
M507O>9L5%DZ\"H2U%F'MC&X6C?"CXQNB`?X[3-Y[RW87:('/9^256$M<4R18
MY$ML%'BBRJ`T4#M1NL#E?R=,>Z"-H.:U)N/=WVN\C^A7&3Y4B0'_BAV=';U!
MAK3<,N:F99Z37TU5W$.``MIR\!I:'M&9[LU^GQ+917/6^A#1@8A.2V2U,[I9
M-,++TW%[0CJ`.3.3ALLEMM4,R`DX$W!F5W#FI#,WBHMF0>J_=JA2F`E2(Z#4
M`.%K4I1BX;T6IO!8]3KD[R!_!_D[87)(D+]KCO9`&T%M*\12,F,I84L(\C5-
MTO#,A5)L"*BT!B%P)/K>L/`I$5TT!PT*L2%MUQ99[8QF%HWPLM*>*`X@S0P&
MLJL0))2(%@&X!'#9%7#9+P9R6DQUT0R'4BQ/"O`2X"7`R\X1?B2W!UZV,$G8
M<#_]+L.]8;&JZ!;K%)'P'BCR5EA02)2>*&.!\#49$(!&)<G[R4*F(]E8Q3J[
M(DI"KC1'NBV](,/#4$8%95101E6AH@1T(";M@3:"FEA(;F48\60;!&/+H(,%
MAS27T/``B-Y^)TT^&_3WAK`!W+27N;"K1-U58D&SED8_"%9:>;;ZC!Q,EK!<
MZNZ20"G!:L^#P:JY;*\XSBHQ'<!E0C)V4#U;NX/[A&%JZ9LZFVZI-9YV#%6"
MZ(!.`,:6T`E[,;%\H:1`L5KD@K]BJJ7*:_N>+!<9?D&[F%@UQTU(64*H6=[,
MP)E2V"^W*3@2_[^*4+SPI8%ER-(PO%;.>A/13C*"/.Z&^LU+8W5>P>AL*-S]
M1B"+^]"(`-)8Y5&0L][^YI^GZ\Z`O'=0WM].LD[U@#B".#:33>F=C>3CBTE/
MR'7\I*.9;HC8)R\EB)NR%4MBR?UVA+>6:R;M*QL5@.+9_@@O>@M5C"H"M7>H
M?$XSZ5B%:]L9VKZZV8Y3O&C)1TLARCW6=&]Y[F)[*9F6BP4+<;<2[$.-["ER
M%0IP3XZCPM4A-A"VY#A]:&(#6P$4''"UMDO96HJY/V!;?T&N_H(E0]@(H=@'
MR%JL#.`(^+%Q`#@"?I*T!]K`.2->IO7.=#R;77`1FEBPJV!7P:Z"7>T>[8$V
M@MK5FJQVNUJKW!"SK;M)PPUV&Y)%0H,"GB7+72&Z:!%)93`H1'H`-*UA;6<4
MF6B$5P9P%7>508[/EGFN0Z`#`AT0Z!#&V09<`($.`6@CEFV%0$=FBL+%-G9<
MR48NAG@'Q#M:@PVXN@B3KI!=-.\,;LXY4<8*>`R\,[271UP+&P&6U0[+_'NK
M`8,!!NL*!NL,T44S%@JDG$Z4L["EA-Q2'3E7DF@W(SUC0Y/F%EDM,N!V0<@,
M06:HJ>P$F._F:`^T$30$T<*JBS^1K;.+>_4P@4,O`G37)]<V!0('XA%>J,!!
MT2OH6DQVT?P<2-X`8X'P-2HS@$TEZ?L%K1EJHK$(_\KD\!)`#3`38*:N8*:^
MLK<C]BF1730-#Y@)&`N$KU&9=23=XE>,0`<O2+-`FJ7Y4#_8[>9H#[2!>`$O
MJ_I/9-O(%.VJ5;%M*6#J=@<'%#@,TPH7$C#&B3(6"%^3+NM(:"!9B6G-R2I,
M=M$C<K$F_7GW$2(%$"F`2`%$"KI'>Z`-1`J@(%,T"PNXN]WQ`_FL+T,'T88<
MGG%_"$&$TV1M9Y29:(17SGH#N"G,??]DN<A(EAB(A6J"P>*+F5F4(_EQ,&[X
MT<QR76N9>8MS\"?_@9)72G/DP#$7_]9#%@!Z((N'`*HPDEAA[NRL7["%.\AB
M[;(X$DLO5MH)[$SI]3KF$("\=U?>!>PZ".+877'LGPU&QQ>G]T_&<_R>^$]P
MIW%3LF(Y++G;CO#3.,VD3`;[).F=[8MPFL?Q6?'3I/4.9<^+V@)GVH&?%?,3
MZ%TIO?="$^5BO!N;*/(><#(<'K$/PX?*@)/Q+I=!_D4ZE[Z9ULS!]DN0PE]Y
MKB,A&TM89^?J3(M>!OJ"#6N%-6FVELBGTHVU)$M<2Y8M:1;[BD.6H\]U%9FN
ML99T\F?595^U7K"-#$.:(]V67I#A^:5X]$]HL;#Q@MZ^,==-9*HZ,B3D.)A.
MP-22X?:+G$CRG4M7$?VFZ2_ASXD?V7=""L;$-]#*P9?A#^^7R%X0+A`!NU1Z
MFPQ/R\2V0-28,X+1=ZK)47&K-VI*"4<J1%;VJ!!EO*&?-QS##2]RPR^4D_-4
M,:W2V3_3\#5EE,Z$C<!^?_6WR<PRM$P]=$M5PY]4-4CW&-'[])9DDD0)N-)7
MO+)L5S<7T@>J)[XYY$>QW*CZ<L%5&C508`*.WDX%MD]_C::%XE\%U=:H;(EC
M`9WUOYY%#Q%\L765#*:;A952950HSZ6A4C!.67"&P?@U<>HQ1J8M85*I4'K!
MB7#PR'A-I;`++`!W1)D'2$GCZ*\:.@+^Z^[H)XK_!$9U5RJ]`5:Z1_8/7*[U
M1:U(36C\Q=ISM8"4@R,(.6@'C*T6_@"KMEAU8WET0BMDNVMA@U4`5T0T^6T>
M'>!*W7"%]O*^T^AI6Q49+3"Q;4`K42ZT!?04W`XF,\N`6<3F%4VXWR#GN4&\
M<A)TO$8&,E4L(5KEL(^8`'!:-SH`G-KC,:P:J`66N`7(YHZ5=K6`EH)K>`'H
M"%S*$8,Q#.32TD-`-.4H^0&K>#G#MM27S_@!&C7?<9Z2Q6YY#O_4JH(E,IBA
M6V:3#20*5^I45698)Y)X^XG6,$OESD@V47Y3%?'K!1\!^94VD']0`_%KU-\!
MZ?O-DAX8RYVQG['KEBR'!L(?0WBE)Q]_M%F^4':?'\H-AHK55=4!@W:>@/9]
M>,$Z;5=$1@YGG[D50Y<X_"Q,;6(-IY^YU24"M5M3!RHXF@%^`L4;IGB5$$84
M8'*K_\3:^1*YGDV[E>OF"W9<=O)0,+!2,01I<4^52J%":[N?M.5(:IV4`:H#
M94H9O:R^']6N5<UW%<@1[PT?JL2L?KMXO)">;':0?\T:>2QH#Q"36E8)+;"I
MBEL4W9Y>@L)=.-*?[FT4?XBMHG7I;XJO8MUG,AP!3[GU_2S(U4[<IP$B`R(#
M7&V,J\/A\8DL`,0YB?SHTM95%`@O/5-7]14RI)EE:H)=(E-?E`EN3&DDB-7P
MU7CC4;'[V5I,>-'4O#RME_(<IRZE9NYXJPK>\S:K,C#Q*I!4@)FG3'BBGR=[
MKV\"+,@EYVC9A&1F(B0**+`9%"AWYZ9>D7`@@,#&-'S-\@X@$"050&"K""]/
M]CJ*``%Y$/G&LE>634."UHS,![D-'P?L,@CLC*81"0(25W-\4GGE-JGXP010
M(*#`-DAJ9W2S:(27SR8*A`(KQX'WENTNT`*?S\A+,2$25NE!!!UW]_C!,6CP
M1)5":<!VHG3AHBRAVJUCA&\9;00SL#69[_Y>\]TK;KPWK^WD:+J_8D=G;9>1
M(2VWS/C)G7"`>(YXA!<LGB./]Y:1GA+A17/6Q)%XX.HI<K5CA#^HRP":M1>:
MF99Y#O`,X%FWX-D$<FT-&9.:"0^I-A!4T,NM(OQT;TTF8$VQL>:-M5QB6\V`
MFH`O`5]V!5\J4-'?5+!B;Y4&`$P`F*)(:F<4LVB$[T-!?_*A2FC,&MQ#%1=4
M<4$55R>*B8#P0!NHXCJ%\$UX123YFB9I>.;"D3R(X;0&&W`D^K@SO3!$<]`F
MT)4!8CBMD-3.*&;1""\/VW0:#V#F%OL>W&=L2R@1)!(+60:#57.]=G$D6F(Z
M@%R%9.R@>K96>+BAWP.V[K.3%3.VRN;GT`JCW=`;=@)8+F#L_H9N>W5<IUR'
MFAP399]C,E:.R%T'#U4B($^6BPQIOO,F5"%=E9;>VMZP>S+LU7P+0`O8>?R5
M\(TZ)<,SI>X^;FU@9HG[LANVT\K^.JU3*V\`63D]L`[,/$Z33Z=[CPD6AN@1
M$!WN`Z+3XC!T6AD1[BT3KZ4ELG]@-U%`*1;V[$P!QGC2F68N(I5@B*;6.Y->
M%8?PP-53Y&K'"'_`?'0!SWS!]@J['C+\FE)Z\RO^RZ.1-0`W#8,;9=P5O2`2
MMI$[@RA%T\:R7"_E(<<-D@J`K56$'^Y5$5W`:S?(>68H3:4_4*CV@@SQLI^=
M`6GRF3RJV6X!3@,=#,8/N'JB7.T8X0\:D+VH1KY03@'5?,`VP3&N_H+]PR?0
MD*0(G#G1G5H:;9PH75K=%P,(#[0IWY!DV^355"_=KEY?GRWS7#<=SV8-0\#`
M@H$%`WOZ>AX(#[0I;V!/[#R5VKY6#'>FBVWLN)*-7)RPWQ#H;R;0WYD`F4A!
M_@'<!]2->'"EM1@@,K6(S-N!DE&=`K2O@_;0=>OD1I='Q<-)HZ-=H38CP\/#
MEXGHM(<RM09T6D26E+(^/'R9J`)/R@#5@3*E(CE@VT4<O56V/0J>R?OZ!2GC
MTOVP5$QC7OMG&KZF#(J>L!'8[Z_^-IE9AI:)JV^1;DM_(L/#TCU&-)?&6@U)
MR)6^XI5EN[JYD#[0"-TWA_S8C=A<K0JLYEPOC'[""FR?_AI-8^55K"U''K7%
M1J])9_VO9[E8D[[8NDH&T\W"2JDR*I3GTE!)&AG^,QR6[U]7@%./9%KZ7%<1
MX4T[F)2A8BJ;2$U==?),I;!C(@!W1)D'2$GCZ*\:.@+^Z^[H)XK_!$9U5RJK
MWKQGG<=*%8'4BM2$QE_LNI,6D')P!"$'[8"QU<(?8%7J'DF/3FB%;'<M;+`*
MX(J()K_-HP-<J1NNS"U;NM/(I(A9,%I@8MN`5F8.ME_0S,`MH*?@=O";:8E!
M3>#505[1;C>T[4V#>.4DZ'B-#&2J]`"@9,WW$1,`3NM&!X!3>SR&':-M@25N
M`;*Y,U=>*V@IN(87@([`I1PQ&,-`9$;E_")`-+1MD(J7,VQ+??F,'Z!1\_=/
M*E'L5D>_I4*J0R*#&;IE-GG`M'"E3E5EAG4BB;>?\`LVI*S6OL*IUHWRFZJ(
M7R_X",A?[NQ:C9:M:N+7J+\#TO>;)3TPECMC/V/7+5D.#80_AO!*;__]!54C
M(=XWZU78<])WX"5K3I9ILMDB6C;[Y]U'T9IC543;XF<N*YJ(6*<SFZ?V\3?]
MYDAL`Z4Y582VYS@C</)4.`G4W@M@>EO/59Z#4=O9&?3&LE<6ZRMFS<A\D-MP
MV*?&1!GT%6MM<PJ.1!]TYLH6X1H53>JE/,>IPR5OG9+4SBAFT0@_F?*+8`'\
MRR#PO66["[3`YS/R4JPE;OH5+/`E-@@\4750&J>=*%U:W9P<"`^T*1U>R;IL
MK,T5M&K[NL)_Q8[.3M4@0UINF7'3,L_)KZ8J[LD^`:TX>`SM#N4HPV%7R"Z:
MH[:WZ32$<B"4(XJ@=D8QBT9X97A\+`?09N-H\\9:+K&M9H!-0)B`,+N",.6>
MTA6RBV8_]M:R`L($A"F*H'9&,8M&>+FWU_V';"&?.GE(%4*J$%*%G<A8`>&!
M-NVKQ(;8S<XN$^1KFJ3AF0O5WA#`:0TTX.DCU)RH:KF.YQG_KSER!@$<D%10
MS*TB?']T=/P&,H2-HTQV@X*$$B$B`)8`++L"+`<`+!NR&D.H/0-@V0I)[8QB
M%HWPT[TGC2$QR.$8H8G7TI)=2)9(#`(`;`0`ROL=J5/2-")!0%#OG;>KP-53
MY&K'"'_`?`!<*I^0;?8*HRYCH^FX*VH%H!'H<H$(#UP]1:YVC/#[K0<@H]($
M_F0ATY%LK&*=7<@I(5>:(]V67I#AE;J>$S`3J!N`3`(2730=+Y^-9'%.>0)G
M84NUGO`'MQ0@)R[(B0"GE6>KS\C!9!G+I>XNL5GN%M#*KBRHYJ+$XC"KQ'0`
ME@G)V$'U;.T.[!.&J:,:=FNEQ<W[^Q^=&J@$N0&%`(PMH1`JNYZQ&+BK[M+%
M)\M%AG]>0$R$FN,NJRSITRQO9N!,\>N7VPT<B?]?12A>^,K',F1I&%0K9^/]
MUZ8VIW)!'C,`?O/26)TO,#P;CT`6!9?%HM<?5BV-51[A/NL/.Q49!V'OKK"_
M'2@9AZ9`'$$<FTFA],[&$XYUN2UT&#_I:*8;(G8<3$G@IE#%(EARHQWAH^6:
M2?OZ&`I`\6POA!>]A>J.*`*U=^AZ;O06I?4?L/.DV`D4[P(TN<>:[BW/76PO
M)=-R3^KD<\-19W%"PZ)EXEK)5:BQ/3F.BE9MJ/3@KI`.=P2"?0#:[82Y>D"[
MG3S4_H!M_06Y^@N6#&$#@F(?#6NQ&J@469XH75I]$P80'FC#/\14[4I;>H+H
MSG0\F]T/$EI8,*M@5L&LGJ)V!\(#;=IF5FLRVNVY<>&&6&O=3=IK,->0&1(:
M"_"LCN\*T46+0,IG\D"<+HK`6=!CK2<\V5+[3U:(A,-:&M[X;)GG.H0X(,0!
M(8Y.>-I`>*`-A#A:'N*X,UUL8\>5;.1BB'1`I*,UD("G=S""6$<W/.)**TE!
M9.HY.$ZVJV@GQSM#_+W[]>1K(_TKN*$L$H(;$-PX;1\;"`^T:5MPHZ5Y@W\B
MVT;"=5$7VY2VUP-KL9WF65LA3J_J-BC<DQ1WX.HI<K5CA.]XC^U$RS3)FI,5
MF*PW'G*Q)OUY]Q'B`Q`?@/C`*;JI0'B@#<0':HD/_(ELG5U5JX>U"MAT=7=]
M<HW`(&H@'N&%BAK(9P-Y;XOB4R*\:)[.=-`3AO3`5]!DK2<\O>V"8\-UP$X9
M-/X`S9P@*@%1B:XXQT!XH$WIJ(1\H6P^"*<R=ACNZAI/>+:-374M[H&,8+#&
M;ZF%2^9/E+%PR?PI,K7M=TK+<KV<K?2\2A<[G\-.`!4'C#U>Q9U\1<^3Y2(C
M&2P3$G?#%:69^+_Y*TH[Z"J`+&:X+,U+8I5IZ-%`M`/S((O[8(@`TEAM(K%7
MLU\&P@["WHRPB]C]`.2QN_+8/QM/CO<8!QFYIA8ZC=\3_PGN+]9_,?(N%XW3
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M_N!$;Z9'@*D$?,7S7]]</7Y_N/W^`:M]^;O2DP??/[*#2]\IDR;R8#@9?B=#
M?_^@.ZIA.5B[<J-Q/EMD")6*3O+3JY^ZPQYAO^5_[AXO9]C^'M#I>_3Y]3J@
M"ET$6SY[0_B]CXZK+PD#'^;1$]$/P<O)L_[@;X@8J>3;AO/KF_/1&TG7?GUS
M]^&[K,CD%\_4?8I\>_SPYK=Q;^@+ZC_>%:"LSXJ0U7]@0WNR[I'KV82BCY2%
MC,O`B.BA\-Q<V.*7K9F0Z'I]8Y!]R+:SJUOFP]RGQL8;,Q]>?[')-.SU-38Q
M>5HG/QYB_GB;^<JHKX3<S\W,3=ZS+GRQK#C[6-T_95;O)OMDF^R#;9IO$W&3
MQ)_IT<HO:,VL1E?)*]9.FJ9VTG@H;W,UR;=-COHF,6.M20O8-E9'/_ZA$QAB
MJ\_K3Q3+;-`_^LX=`S_L"\H!8BN];6++O?XVK7-1=),)6P`E`Y(PB;UY1N:"
MS/<;&8<@R7]C[7>DFY\L9U/5W7Y]N/_^/\CL!4;MZ6&_B0LI<J6JED>V/!.6
M3Q8R*5*Z]3&:N2!3P3J#B]?K^.>G]0IOD)4]%_^=/X_Z`FY"1=Z6B_/^=%LN
M2C,Y!IV?L4L_=.BGV'DP;T,@?6<ZKNTQQ9W<8(2-EDW<&//C3Y4-7TI>Z%9-
M,/(FT=SFT27_SU[_,']8$;Y2RCO1!F=%-(F9WYFJX6D4X'U$MDDHX%0F+[MY
MIZ3V]"0)0TO3>G.KI]GZ8'Z(J_GW,*:_P9A=:O<XQF0+7;!FLIXO9(:6EF87
M^5.63_7HZH9!T5L#[.RGMN)DO+T5#S!!E(VF8?W[)^(J&Z4U5_38H_J,-<](
MXIR'^2->(7K/1V@`"%9"_[+L&_+1PK+7#_.$`Q9*#,.)3-D?8L@@;3,KV%]T
MJ'A)*RK>1/Y=&ZFNAXP'(CXN,C4BLX1$9/@5,K8L55&,(S)SOF)'UV@W%&3<
M6[:[0`N<BU7#M"H<C)+,*D7AG8RZ"B-"T><%>-.VC7,L;U+A$KD_'N_AS4&B
M<HUAG9(7<-#$I((79,&E(U<GZ8CM];EOD&VOF6>Q(AN!C+BDFZAX5$-)1364
M:9^'6_;),A=/V%Y^P#.WM;N@^JB2D@I!R`,Y%<S+).:F26!Y`HMI+S6V+%9L
M65:A95EB3?>61($O6;,OGO8AB9K]/Q.@06`O>?TN5_//NX\'2-1/!0Z4@;*M
MO(]>_I8B>4&Z0:=)<-(C,G`<-R4;S'8IZKVQ'+<HS72FRKYO6;1(X'Q,]CO-
M^YCTKY3-59C0Z(7Z3ZP%H6&6Q=E/_Y2#KDS2&B(?X6*9W7[@QEMZ!G,A&#I^
M(O#T"2^)<B-PXFZY(HNFRZ!K#@?FPP2J+^XM$Q/2V3^P&P]_B"HIUS>0QO(+
MVTVD^#N_VP3R;[IB1`K\5U'3F3.47UQ8OSTR=Y@ZK5\LZK&JR'CT9IK^HCO4
M+19(;E/>['0#:7`A[A&\HLX:)U[M7GO:<1R,CUK\OMGFU9U\)?#&,NA4;']^
M5%<^S`Q]X4=E!!*_E$,X3=GUW23C;I:RX-5NC?@%VRM,+2@E+]GJ'__R-K*(
MA]:>=KAZ@EN,_/2)->&3S?#AFA`H-MX"26#*UVJCB:I7<%/ND"R"R:B'=AG1
ME6ND_B"^TH(VSA%(L--.4Z\B-I4S;L65RHVU7&);3;%@6X)%8,,@Y9CU4R41
MY2T<C9/JIF=Y6Z#DB^7HU.1_PH[#--8K-EXP@?+N\]$52[N7FO*!)NE"@8K6
MP(M0R<$?;!I2P/;1I5TG),4I1V[$C[%[:9['$!QZ@:QL#AY%KOV44#T^H>`!
MC$'*$3QH)RHB.P^.A[HBG$(U'-]-S)1GJ>0SO16MBP=):]TT40*8!=5]O2C0
M7DFG,3GQMQ`_&[1VQ3&;Z.HOY8QWUK2=H),_R.ODUV3<&LVDM"0T.$A'&>33
MR:BTC1FI8$(;HV2G@C^&Z9A"Q9&=70=E>&\&FTJ*B^D^V.D&BU"//4RG>\?#
M5!7H+JHUG+<06+`S2J535!5,YW,*'W^FX%^L"/(P7>F\-S<LM.X_F2UR;&BA
M@JA^95'G8UR0ME1<#-/!`SE=S"9XF)PG9W=3*N63*]/QI&64JDS>!7>YA^D#
MV.,"Y0VYR9H/IU;%I=W+3WNORB"5^"L]74$"NX4HDSY/K$SSF;!*HJ>[>)`\
MJY9\B?._'OG093@G4>/MT=WP,(^^Q<\/S9[&[^1#-P!9"?VUI0#8SJ9':)V'
M^8YBC^@]B1%O]3EQBK"M1BHER<Z[S[<)?HZ2SF@P['HC?%H1A6/9#V9*L'1"
MT5UCPWJ]MJP??OFZ;NI+;UF4*Y7244E2,>E0KLAR"04OAOZ&R+^\6HT6+WI=
MS9S[F1/Y_JGXUTY-,DI[B_TAQ[QT(2U;7?UJ'!ZQL4962VAC+NXM2UMO'K7P
M/[I&2`Z^<KPJ.)XE*9?QN-(P'@6UE0MY+GY<E>-&/-B^$I'=_-AU-K9"#"8Z
M1QK>(2GW;U`@PM4>EF2=@&+'2&8ZHF2C+=`8P9"Q?;0L?3X[>OJ?-EJM]I1(
M%=U6B1!/_CV5KMLNDIAJF]4Y@AV[29=R"OM5'[C8%XKTU87O+-`CCPN3CATW
MG_A*G&>5;>H;Y#S?$L!5J@_.;K+L+JBN:!D^C7R?XS)N3/'9\G>D?U"VG!9.
MM+M@G4+8<<-4-Q^VKM0#6[OZXT^"I\FTDNK]>DU$PEO19HI1CY'DGV>S[5A(
MV*#DVG-T$SO.(U[XO1_"YXF`>S:1=1SW+SDDSUEIT0-4W13/8,ZZ\R/^?J+/
MR56^8\'[N'$,\:AO$>^HWVVD;9__K8*:XXPSK*F047Z"E9;QK*A<":JB.DB8
MRDL.^L.(A@U()F<:-B69:4^S-TKUWZI1-/=M^'B\V&+32276[^>^"4GQXRM:
M.1_)XC4ME>7Z`VL+0O,/F#;A973:4-V?+5,+_A0^NIN`*;]P$%O^7&)9T3[.
M02S61(W1J4+ZI/RTP70P/&K?WIFJM<1/Z.?'^1RK1.P-PU+I%#[H-OG=6#]9
M/B0NTPEL]T)2[LWY.)7<RCW%=&>S$-V0A_UJ#3<!;[YBQS.HFKBUK>4GPC#\
M,+]:K0Q=I9B2*@:/=J+XI"]9='$[2LL+SHWWU9)6L(C84?B*7[#I8?KD$]%P
M#O*'_*?N/C.@%2@\<Q'JQ(?Y(UIB?VFE.L/%)3QA<PORXCNBB#?]+:9Z'/_E
M'PVR!'_?'-H=*;?A/)%,*KWP1"#9QDO=6SH4.6/M,W8CYR?JN!,9CQ#2TI1S
MH"1XM=E+F;+?L;4@KM8SS6I'FNFC9ULK'/4.^48(A+7_C_RD6<M#!,VHK4R2
MDQ\=MKK[8M??^\Q_"YV])XL>A;+,1]=2?SQ;AD9$A':24:O14.G\4ZQICYQH
MHI]?D*6(!.X31@ZF;6DHVC$=GDIG,P\SZ:4R"$K0`"_'G)(Z9.X%7=:20E!9
MG\%*VN%,4CA8[D\W%4;F*I-D2+6I)`+.E,DC=ETCZ'5I<M[Z]5,J!6W/Y>%@
MN$FK8TF1Z+Z40X'<&$A?AH!Y_1C?_$"OA;!,7VV'C42O',=;KDH;<=_#V'AQ
MI&#9WC>U3P@3FXSMEX/AK4FZ8*Z_0<DJJ;`+!?Y<D2V.`YQ1"=Z9I,#K/LBW
M,1]_TD3H+S]8*@/?M[I#C)S?#O:6?%926\:3'+[Y[?;__O%N[[L2(=?5RK9^
MLM9ER?2KW[XOVZF[,UGWX8R;/XZ/XNQ*%T]&&>GB?I`OKFKN&8%5*I,V?J9&
MA'I0H<7\BM6-4NPK[5^>[[%3A';U<',7!'B3Q:#$YC[,B814(Z-I")GRWRM;
M42Q6)5YAJ7KP"K]#[3]MBO>L5S/YQFL\MVR\GXC'0Z=)"C9N:+?:%I=?$$,.
M?*&%X>2MKFOK,\_UP=P79&-SGTHL0:D4R#R7!RFE6'+FL5@%7DW@!7'IU7_`
MD4LY5(6C<(^N33Q>JF)\JXB9_\`B@GYP(S*-!ZSN-!4VGL@;6&^3.BFJ$03H
MHI\QY=M!OF^/7[R9H:L!\7(3*P6,^YLIN!U$R;P(A_ZQDNTS38-2)5M=^Y,X
MF9.T+3D..$T!W6'./*[`/2-J9;C8ATRFZ;*A(1_^0HENF1+='=6?&Q6G+SAG
MX>XT&:J/"W?EF@IW#[V$<]<E(2NI-S?=OK1!SIOJ&J\6RE<3B5"319'3E"]8
M51%22]C!IT1U[^GMW<Q(^93'G64_G8KATO6I)1F2<EW313BG4*#:Q!8YHMR4
M[(94B^139@?'<M-^+YT%JK#8FJJK*&Y/!F.!?)I`"'Z((EY!"#Q(EUROM[,"
MEETC\>J5Y91?W]^X"H\3^3K%#W8:P3""=%Q>1NSJ]LB5`_45N18I.0Z_.T>>
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MF>E%L956NKV#V12@BR`3S[E[Y?&>W=M7QKYDUK*F//L\FE$M^SPTJ!(#,<75
M[5&[-0\9"FPG<69"5'2E4PG&SYS+/O4[&'012?@@4$K6@3Z2[S:**1JS`[G$
M:]L25,B<?[*_8TVZ>B&>P@)+7_$2Z?1PK$1]697^*<RMU*26N/)6'HG%VV`^
MN>;>K]',YS*)VW2O$OA>7;51W`3C6(&9=UO80-9`UFJ2-1`U$+5Z1.WZ^AJ$
MK4YA&XR+QLZJ]B12H>LJQ8U6WDEQ<8G$>E"`!-:J[J8B39S-IA;98V>TI#"*
M)DYH84.2!)"/S<A896IG.SY6(>=IYM>/FDJL[D)Z&R7J?SDV33(5,$MR'`FS
M*!9DIR75C\MI?KI?<FBV6IR=4S@HEYB(3;E82XPMB[[RQ4CZ/XQL@8A9.`I6
M3%JW8UK\:/E?16A8&.L7$QE.T#UKF:.SZ?ZD;H-6JVH<!L)2<)G*8`2B`J*2
M9YG3T01$!40E%VJ9]D%4ZA25XL&B@@B74^PG4UC.Y%$/Q*56S5(LLE-0K_`(
MU&0:H+/!1`9!J56OE"A^RJ-6^,1VLI;Y5AD,:HC9B!>)$3/T(DY`970Q%C2B
M4BY.<AA("@,/S\4A?;6CBT9X61X#Z1L*M)Q-^T,@?D.AB[%P#D9E]G:<`B8-
M^W>*TA7:,\]'$&=I<-8;")<%J$SH^\>`S"J=CTZY'G[!A"E<P43:]ZCBY)PP
M>=:L0@S-\F8&SJS$Z'<D,5N&+)#)Y5S)QD\>!8F0=4@<^Z,69W5`&$],&,^F
M/1!'$$=!Q)$F,4$<Q19'/B<J.,ICQ5GUB7"!%Q#(,FGXJK5C5:$HN7\V5#H3
M^RZ3,L\1GCBR6TA[PTIS>B;CY;A.-A!8*A)8VM0EL8CV.QY9JH8NS>+5`Q%J
M(<!!4_(H"CKHD#@*5Q$"PMA=803=".((X@CBR"&RU)@\5AE:>JL,>FT6R4K+
M?ZJ:QU9T1@QJG_BNWMW?@N=.K?0,Q.CH0J3!UK0J"QA!%*>F*$[5YPLJ4WW"
MQ';%,35`<:`X4!PH7LG9@:JFDG9*3C0'N'T0H*7POE%9W)%&Y26*^?*H[]@%
M4-%OB9NA*KTD:AM['6H9=PHW.[3NCJC^H)X[HOJIBSXJY(*4?4G4WM*VO9=$
M;>\S`;H?-NUPYE]II=N[VW=$R1/1[H@*9U3+/H<[HKIP1]10Z2"0@"NBBDH7
M7!'5F$ZJF+4<PBU=N-P"+H@"8:M1V$#60-9JDC40-1"U>D0-+HBJ6=C@@BBX
M(`HNB.)\?C&7[,$%4<>$Q>""J.P@'5P0U?S.:>\%48IX%T35')<7[`B*^+=S
MC,\&O=.X]0?$I9;6-M-QBSN)@+C4+2Z]$[DH"L2E%F,T'()V$>6\8@NNBQJ>
M38>`7NK6+ZV\,$KI$UEI<0/==LI*B^^,DL_D?K=:M\.M4?E`[>1B*&:8I?)D
MIC!(4;@>0=TA_5CD:Z-.G/;],T6\1J[=(;]\-IP(YVY47U0@CK_7);4OU/U1
MTX'(/7NK256+XXH,.^6&7!F&9+G/6"1\+9H/HDPN>F+Z(.)4G/1+3PA\'&`M
ML!98"ZP%U@)K"R01*^)ME:YE7SC'7ASN)C-^56W;JGQ7X&N5-=E-Y^BZY1G#
MW<HB9.*SMDO>'L`M2MUWZ,+&EA=!@T">FD`J9[W!%`02!%(4@1R<]8<]$$@0
M2%$$<GHF]UM\LJ`C`MFI6Y:'9].I<,4Y()+\^Q2TX9YE97(V[0M7LY&?[F+V
MYX0[F=/A*+B3N::]4LW]<6U2W;42!BYZ!($$@10^^0WBV$EQ?-L'_0@"*9)`
MCB<@D<)+9,<N9Z;]5Z9M%LNJ)@+7,Y_<SF[]!<WRF3S,W7`@^S*Z?[SSG/,%
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M;_)TK/A\_<>[`X3UJ4]>G/@&ZR3JD.]]P`Z123)C[<KY`VL+LB(R/=?VZ)1I
MZU&_\^@>W@SV\.8:&72=C\\8NY\LE:TU(L/V;+;H&,PFG&#X9/CGSY:I17,_
M1+[)-OFF<DB\4G3)(FW8G57'PM`W,:4M(L??B6?U57=^1(-<&<8#/217(7.F
MV\Q1!MG,.8:RE:J>@]2[\6P;F^J:JAKG3QU71T6YEQ+Q:2']$&GTZ%N_(]W\
M9#G.@YEX$F\2Z_;KP_WW_T%F+Z#5T\/QE'/"%UZO`\)\Q8:O'I_UU?&4D;<I
MTU>&(6ERKWJ32&Q+W%C+E8V?L>FP9:C6$M,';RT;DYF%K'\BFM[QEW&E_<OS
M.\<_H9]ER+A[K4K*3FROE,/4MP5FCLGW-?*'Q`8-/Z4W;)D.#G_]8AFZNKY2
M__)T1Z<#WUC.WNV7H?UVK[Z_O?K81O*;[?;J'=765_2/#W."PZY4E>XI(KQ?
M;,LD/ZH,"U"%]7_8O=*L%;UN;#?O!QN\SUQ]O-[!F]\H+$O<"[P*0>(VV$]<
M!4QO`@Y^]4'J)74D#()5SL,;5)62X%.F[V"_)KN;^W]G6%EWR=S4<!ITAI?Q
M!<5?,74(I!1$K6X>P8GPB'?2!_R"#6O%6%?[/-(K?[<2EL$Y^/G%Q@XA)%,D
M]*;?6]TDJ$5'AA1A94=Z^V2M=%52>L-?)&1J$MD^!!V[ZS/I"U<&9-";8"CW
MC+VTZC=]))J$"56XW/ZHEW;%.+]4^F^T7+W_VT21E?=5O^LK7EFVOX.(9VC1
MS>01?1<[.HS,L=?HW_RL.RO+(?J<_D)-DV4RD2"_(5/R-6!+MD3V!K@SI:N5
MK1MT152KGTG$"$NW5X_7DNXXE$!7C]_87\Y[D[.(7TJOR-;AQ=I`:+(V8KQ1
M,@7YO#+N7T0DD=\G:26IS\A<D'$H/8D=)MZ[CJ2Y91.(0'Y>^K=\OCYC"GHD
M)&G!N]C@Q`H'+Y/(`POJY-//U:TI<*8K9@N2_O*(H,X)]/!GFR27%9-KE60_
MI9V-">$IX4SR&BTFY,4&51#AC.831<-S0H10?++?([G6%FVV:1#.VGU&+IE#
M,"U"!#(`7A#V$X0^=QW_[\_H!9]1DK[JAA'\AJ0E^A?Y*%V\4XJ:\SE6"??,
M>(J1KAN_=Y*4I,2;1YN'S-\SW"VJZ8Z$V8`$$S.NZ#0JJ2_9L\@T"<<D,J!N
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MIY!M:1NKUL+4_TW_8(<O)I_39USJ?!,WE!)D85&=0W4`ME]TE1H-.CUU<WIJ
M-#W/-+!#7VTY./$M9&/V3;*UZ1N(*5AA.KSE6T?.""):,MFNIH9L;4/=3KFH
MV[&O;LE0:+4R=&K4B"T@M'1MRUD%8Y.AEY9&C:VV]9<9<O1`?P7JA\V*5IFR
MV#XC4Z"CJ!UD.HY\G%C&J6F@)QM5[2,PL?8M\B.39TK2JE\:[-C)*'V\C/.;
M:O7G*J<;@?2>35"V@XFXGM\CU[,I$&2A0;(M*$HYD^(OA0Z*N7#.4F`_ME6R
MW'I;]3^>B7/X<[*\85Z>`JV^+?ZQ>#(OJCS)^>KRP,E(FCJJ-.UX$FAAX\`=
MI7-P=#(XLGTK%DPZMGU47U/K2+'P.DDK"@]]EV[;;C(#<?%+XI64.,N0.!OO
M(8,X6&4]YF>6;5NO=(#$6,QDT,&(N/Q@1B%:QCRDY:X1.7N#6?.[V*!(`"-B
M7R_T`7UB,[@0"Y4_"/8]!N(]4*<A$`L?<$0KW5A?^KEM^CF;L^+D*_&E9A84
M6&6;^TQWQ5\7N"NYP0(E`B921"EY_NA:Z@\I^5&HU<9R^@AMFXUN]>^J^`57
MFWKU\9EX!N?71"MHTA>T]A7+/Y^Q[R8\87L9AH$JG]@K\1-HQ/%%U\B;:;`#
M25^P36:Y9);CB<@A=HF4>88F76/I2GW6B>-$=,Z<[%(VWZ_83]?AP+QB.@!1
M1`1^4(?.(=+IL?5$-OLC<9IHNEFZH\;;(2]Q?DBWEJWBI'\M9Q5-";E]2V,6
M90.SY-_EOYPSR>*KU8^1TRKE*-OAEY4X-NOZ[ULEWN?Z[_/_P@RG(]&B#+HT
M,F6'K6S&5K;R5R8AN@8?3;''5(LO7>G*9Q1C;:R<!E*7*\-:8[QAV^R(&D$,
M(C#O_A!;Z&%S[<0L:BP"?;%!+AX08K0_TIH='4A!`LZ8CN&L'6&&;-RAM`YW
M#%A]:I/((UQR0@--Y#J2J16_H$:<<8\1<2C".%><6O2+(`/-D_Q#HF+&SZ#=
M)"7OQC(,*K/D#57/_-_D=9';&^0($Z:ZZM?+_<KQ;%MJ0'8GO+V%Y[AYT$9_
M"VWLV-GGU8EKEC@ES7QKE,I6;D/N!Y;/\5.\@:'@^S:?FNHF->,X2I`Y9GEH
MBC*<>![^DW_>?0S2FI9!3'ULOU#,5]T'YC-LDF'8'QE8(`#*D5@VPXIC-_&3
M/MJR<916]=\??\^(!>2",P\2.07.\&*)UA(V:-Z;@@2V)_QH60;E.'-ZZS7&
M]O[:X.LAB:"G(Q:T,,!?@H]Y#7;^@J&FE8_>62::NV;GK<?]\7R,MVM!D7]`
M%/+S+HX=H#&K<\FB,N=(V@Z>$8F;10O4`A;2.2TM(H36C/H&],!0.-6X:4OT
MR<XE[_EJD@@,\#,R!*4_1#P2SX8I51]#$\?`](.7WU84^P?H^XSE",-:I6!M
M=%]1;4FK7#A74^P4"3K%G[KO!A;8//I&P8_8>Z(./V^/;R4^<7;[?;S?)9P7
MV1.^+/F$O+W?+;JO"`16B?J1WCYZ,S>LN#X?]'ZY3*1J*36^T>^YB&Q6JG71
MS/+<1#5N4G"NF&YFQH$6S-#B0A_F;;RQ-1AZUPMJ="_3#?5XNY<EM[(?_JEC
M,Q_C7_+5FUO>ZK!P??9YPSMO1\!Z&`-2LG:T\-$)121^_1..ZJ;I_V'?D0I#
MN:P:C5:L\:5UZ+392"<.G>/-:.V82\E)#]>[`3$HJS.J?5%,#76#&@LKP%>4
M&GY,F'PG\"^D@-C):FJZ<E/276J>R==F#-*RB<6O]JN;"1KV3/_/U!G#Y!%:
M,STCNR8NX24/K<DWZ2D[2?.B&CS+Q-*:0)I$SH$:7_]%G.FZ`:=CD\Z8Z@=D
M+C9$(P7:6#E&$JP1,G`NAB!,XHQX/F"5G0V5^B&,#`LAMG`GBS$$L#3\C$F]
MSYH#X)-_Y"`[33#,D2;@.Y<FX>*T/4F'.I,"5[0>R-^\A/L^=Y+3NC*1L7:(
MH-2%AX;GO?9GQF_QS&;^IH\GACOCU72U^>+5+70=@O!Q3@GC'#M+HI1*XN&4
M=7FJ\M6-U1*!,/"":+8P\D(,A6IX&GWLS[N/<2"&#8\-?:G3K@3^*V@*6`]B
M.)O#+BT-&\SN;+R;/NZR(@#;-;%-&Q_0\KUXT@D$-F<0+*I5CT^YS3$F`^A:
M<*Z+\YDK57?8`M`/>CB!OB^J"/`1E1V?$*/HZP41\T014ABRIQ$[1&FWL3";
M]GH(5K[>)(I_CLT_SQ<QA7ZX(O::;MHH+^!OX'#PY'FY$.7YO3`8U)U[K+"2
M]9'P,P.4GV?$NJIXY1(.F9A&!>T?./CN&2,H7VH&`4<<%<1NBDE(ATTI:ZQT
M@O_!"LXX-^N8!B7946!DC_V)G\[HB75,2XC-KA)^2C-J8A/[AU]I7:X=N#-%
M6M;X<O_]+A+_J$<-:PC"7GB-U!]A.Y6HU<H]/;=)&VDY#_,/>.9>F1H]_.NN
M'^E4F$;<:,V2&"G^QM:8?P8JX2[0"!\#U7J]OMDX`/DP]Q>R\8+,A]=??%5P
M'6N"0VUAAJF&.9/M9B&'V;#)MNB;]W&\_Y]DEWTSX]3(G;GR7(<,0-Q1XJ^R
M=4;#7=-]P]YZ5%NHW4R^L>R510_K/D2NZ19/HKE?KZ,?_]"QC6SU>?V)ML/8
MX$+T'7\][`O]0R0?[>A.DR`Y;Q*V@4%1=[J-I`_=;#&WMK<0/W:)M2M3C>Y2
MK9JJE9#/V(VYXW=&*M.M)Z(/>?LF$3WW84XL@[?T&.[9U99I@\C'#K*K0Z&O
MR..>"YN*/!Z7$.6;:6-?+F/RA*VR#O$TU7WO?+#-U/^?O3=M;MS&%H:_WZK[
M'U@]=^G4:SNB=KDGJ?+23GQON]V/[<[4_>2B1$CBA"(5+G9K?OV+`^X")9$B
M2((B4C.)+8L@</8-YZ2`/>JM]QV;O+9C:5,7[^6SG]*]TG5H>(?4%_,;-ADQ
M=:V):1$IG5M-=PLW6]IU)JIIG1P2:O$MUR>T\ID.56H5KL14E^JVUZ>,A\9H
MLO!.(A$G'LP+R3P^"&8W\JB&@%23O)*A6QHJO_FW^^R2\'?`5Z@">72'PS*Q
M%P*T?.[#(LDLE?F>D*VIB*33'DS+62@+Y&'QJVE<+:#A8TN$-]4FDNH262Y^
M.6?_*KFY3Z%B6!TW@Z%V]:9H.BQQ9UK/BHXB6\S/J)NN'=F^8.U^,[U>H%>+
MA86P#B.=4Y$=,Y?OC8C[;-8NHJ]`P3O<&5]YGBV1ZNKH<1X"[W'^C-8*/.F'
MHS#+D=#.#73P,JW-XWS'*^^T'UC0>Q?MPU?MQB@=5@FYJQ)X-PZU>T5SJERN
M$[U4"&=4`W;#^-S1K_N";/MEJ1@O[TA_0P_XV\LHSL?&08I8=K5"UHQ"+9?<
M2\\9H*RKDH#."K,"B[TN%7!AB<7F8"Q[-+5.9-&1I!X5%6>&K6)"6NYZ3/MH
M?3&-!?8$B^O)?`&GQNC)'A4@&K/1DT>B@!.KZ!@NYMS@[='C)1BA^E11VRQ&
MIN)-/;EQZ`T,KT!XE(1N'M!%Q7;D+B-V/!*(.ZRDN6G9B=??&^FOM?\?=`IW
MR'W!J`#AJPM@>)R'WY+9.:/I^_@-?XBMJ6W[_<AJ$7A/;,4[;>YLOF'[&N^#
MQO#]U[LXBN,Q(W_9#6;+%&N).9"S,.-O%EXX^1I6`83D&#MO_MR#::J;9.;6
M_TB1_6\4*^C9[^_LYD0J$'20`W-`KE+?H_&HH((V5,";J8.1D/K!.D^`PVND
MF^^Q`@)+41'$<DW7^4U[PP#Z3,H:7TPOFN\\SG]SL=;`F$&VW\U+O=Z$EZS\
M/V(N/Q9]>3&PUQS=C0`JK.+S0@V0BM#DRUM,3Z>'ISU5B'$L=>-(BD=-UEC\
M8RQ=#(8>HNJ`%2?*)MQ9-*DO5.'_L)3U>D\0K"2T)9F+"J#T>MDLOMSZIL`8
MR<,ZI,8)ME6,L.U3$9'A1`[KP#*-J.0`_%Z%W?8#58"/"C/4##5^"8WRV*LD
MM**3JL,S8PD(0V,;P]Z4X]T`8)<H5-.L@BK00!54#":#82[B/]5IUL&7@NHA
M,-Y2<,UP)G.?<H&[_40PBL5H:[[FNB?T9.I8=]YP1/G&XUXZBC@<#;]/_A5F
M)I9`ILL*\&>L.:&N(>]7ND[(_3.&@:I21;$LX;@GL9]KR+LWX=OQYWV_*#_\
MP=>^BUK*E8D^G>BFPE`']I5^"*1"DC_/(8X?L#Z@O)B4W>_84/K8=/^LWIV7
M:C`QH'R)G6/2]^\N>2+PI(/FB_BK_G=L_"SVL&UD/Y&AFY@5[BQSY</*:ZF/
MOQW&V,M!&UTU3MW78+/]2.S[H()OQT<W06B(B`O?IH/K/Y[9]SA_5E;(.Q23
M`MY$VX9[;&O:M)*UO9=_]OL6A!<R=H.2,O3/Y5&BQ+/0P2/X^7\-!C(6((N2
M`4*9W.?=7@(@R9-0)_QF(4?YX;$8Q*`X/BIET/I^=?*@VP=*BHEO>%NS#31[
M1E;`9%>&>J,KV@JX#3@+;AP68@$5::]?H&U'RC6">!=P[\^??_@=/79=3_CC
M_O,AT-!WFZ,P9-ZC,P?88;JI'F`II:8C-@`CETE9<-/NS5.&6'?0V=Y\8AM9
M$Y;8')QYNB6O;U8]!BF#;B!W)]DSB]%1TW-2?AB,"N00D_\[MIJM6PVK;"QN
MM!EZ@'XZF#1N747W`SGDHYQ0W)4<&G92DD.=$9T<8K+I(Y1@S5;!D#(IS^5A
M&'?:IP3]#[`1$"?2/[2]EYB8Z4'*%LD=HWO&+N',`9Q[B3*$\4E@Z,&-I,V\
M(-XA$%(V:K>7\)%W0ZI\HY,C@']__N9.L5KPP9T9O)3=.DG0)UNKM0Z;CB=:
MIN_U3<8ITB#=4B0RU4(KS5W9T#N!J/CM!#F*,!_$]6VR72)_8Y*7B=`,8?<;
M,A>6LEYJ,T4/X?;9M<PU"E7J=P-ZN/TO_DDU5X<@19G4"9YG!X:&@O8&P09`
M23Z;KK.\6N&WSY1#0*6,\?ZD3*@&MD[(@5](Q.#.!5YZT`QMY:Z"@86WN:/N
MNX])F=!]*I"3<4MT),>KB0A:O#P:K-!>N9DZI&SU28?RS`Z<.`F><`^>RF@8
M."BKO4MWX=HZX?;Q\X8JCW>T1E2\-696'MA0<M?_('W\D'KUAAEB$=;VDIFB
MT)L#.HVK_FWQ&:NS=.)'B9O(9."G#6'(26<D=V0Y.DVNC6[)GQW]GX">MWM'
M7:G_=+W<-)@\5X\W][Z#%B]PPZ+Q<8X!6PYN*8.7BLF6=J!L</.CWUZP=[:)
MV858&9#?=/+J0&9<61I,1+HE4^J\V'"Y$#S<R:*"HV6#921A?S=UH-](T,:*
M`8\"X/&9D!%EI\HCZJIL62>*+++<;TA9-?[2T&DAMS70"DJ6K<W]:JUH%C"(
M=V/E&NY'H-)HDS)LDQW2:CYS=L&9E5,.RZ,G_V`PBXP()NN+]I?K^W-9L%&`
MT"F+F.[!QQ,0"L:'F$7#./*I1W3`O)/@J$/QH0#/_O<(ND/'QY]QWCJ@TA45
M8RJ$O1=@]35N?H`&Y0^D/WGF8OD19?V/QI0SE+?M\9X>UUX"Q_OW"S[UM6[.
M_BPFX<*SC#L??H4.W'X#[B*SJTJ=+/+NK3C%ZBSSJ!$,:0P^?2/Y[<&E",`P
M6<I0%4M-&?%1?(I7W3-6_):[6`7@U?QI&J.^F.N>YU7;0\D40XH7MP!PI<!I
M_P=,NE(D2!^'8EDB$>L;Q;(V6!V_8U*#@:G/&MZ38I&GX0MGWO`'^-7+=B6>
MD#[#7%/;&\I>]H%!=)[+<AE3[<KBAYV3:-@.1/@?5R<C,=BNBN'-=L$>F;?#
M>/I7;$)\FO"\-H%,/\9&^<"XG]@4FI_"T3]ICW]?DV%M\><QJ2<>]\DR,2XH
M(=_8'MB7EFP7'?79KH<E>5ESBS@0>ZSGK7M"-&V`(Q!6--UFG7+TEVMO^B'>
MI$L\M6`<D%?9*3GX!&0&MS?M$`/C\8LTVSJ][9\>OJQ'IX=?9][IXT]XPZS)
M2&XR_4C!E`Y?]:8<&JKT3VREVJKF;<>;C`@;O4B<2C61-^9.(1=G2Y`,/E%X
MT+(2T[DQ\-Q@_B;9^SHL3'6A>F,G+\=ME1BZX-3;!X)Q.,&X(WA%;/)D$A+O
M2GS0#UL@8)2QGB^]<P@1XQ?M&FG43TX<8CRHR4)OFNG:>@D+`^\R'CD/*&"[
MY`8XU<XJ4V#&%U:;EC?%BXR:BE,VK*+KP&TP+Y4L['%$,'(N(3ML2G@0&?.^
MU&9+$%NV)WC.O)F=$$*"'V%X5:2YUW&_%+.<NB5B<@RY9$S.94Y8KW*,8GF\
MMU1\^>D[P^S?8)+1>6S7-/"?=Q&@/^=XJ>##A"-<O8EH#HQ:TYP*)JSF)I=]
M4\_R!H'JBYO5T0>_6VKG'Z[:ZX_IVT4#:HA3WA`C>_I@B-Q#7>['*96=`[H%
MTTD,FXM2`#G[)5>!ATH'/XCQ<P6Q1>7FQ]3]D'+0!<DTH%\8Q45Z!/EU?Y]_
MK`E#,LO0CN/'I0M!@[HL/[^W;TMLZ,Q.PB6XBKUA/8SR0/^<*HB+;HG7IQ+B
MI8!Q!Z:"7@GD1>KC%H7>+!5C@>+=*X.JB%,>U#6F,M[G5*ZR,`!+D]#/R'%T
M1+=>8X,DKO4LG51GQEO[`=UX9/*E@?<,N6PH'@.NOS>@D!J:_`7#.64F5W0J
MP,J$*HFF"E:J`5AUFHPO^--7'7OTO0M^]5*^@8.'0<_SM,@)Y7GWR_0ALL_Z
MJX5)^##WN`I63:B0P&[ZX(Z3:=F\KX17D`YCTJ'[OI0YNS(?LH7V:"I5T3TC
M*YE.7<%TVH-1I&[3':8)%57JE8D\AA'FHR-_^7@ZG4F^FDZ)88IB[`V[CK6D
MI.]6'"()*H8UB7IFU1%HY),P@HM%502%:R:(#,,Y.::''6_P[N,%O1(Q$9#_
MEF09Q+L#UYI%F%`!LG.ZKV0ED&:#W/`EK*V\ZG""A2M]HXM9U'(?@$KEK]UA
M."87]JK`"Q4VZ_=+BB9G@-H.9"6Z85>:BJL2$U10['S<WRVV"L$DU@5=LTEU
M&`AMK#1)"CBZG<V^IPRY(3G5%(A/T`!)P",>`PI[^PUDO[O?@8U')PQEPJ/K
M/,X)*E[>S3*N<_<[='^M9"?6]+VD[#647R]+"Q52V+LWF](UMI>ZV>1F&E73
M\`"]H9_1S#&MF]M'RM#47;*9%S1;&MI?;C3K9;L;)"L3=4>-Q6XD4:XKLZQ2
M!JMT:Q:>M_EG=[TV+>?*,-`/E'=\V>Z#4@Y9HE?S@5UL]W`/P!L%(IZ@</;%
M)(T0M-6-8B^93W`([]%O#]G8?6BZ7RWE=&0[3`J^8N3P!'H@:H?*CKW(4?=-
MK?`&UVX18JSD=V:^(6L#,GS;3R![3L!UJP-3A2S9C^-LDJ*6^H,M,MT-_!HP
ME;LH93_6OIK&&EESTUH!'\#,C8:@3D[K%MQM$^H.+_.\QK:B>I@9_5Z%=6%2
MIC%Y!!K#=B1^XS(01K#]O*J!!)],Q8`.*6[4#N7SCQET22$0S=U+Y6DUA=Z6
MOR/=G$%O]8.F@DP/V$L.\]EUVF+P2*-E/N!!Y9#[R=;"^^$1Z-_0+KK#)B1I
M<!]VNH^Z**6UG,PQMRM#9QTPW=0O&C*>'JZ?`W;]5VI&A8-\65^F/2'*LLD#
M69;73HZ0OMC"@KWA_\!UH#=%1W1[)`8A`OD05.EB])3._I7>X6$+S-TGI_R@
M)IX\;U'PZ5Y'Z\N4OS>FRC3JQV>%X3^9]@4[$ZKJJ<;;:"7DDJH$+SV.G!X-
M4SJTRBN$QU*TC%(RCN\S]+MT2JG,DFL"XIIO,A1%X_=G8FJ"H07WOAWHZ?_L
M3E7M3;-KJ<WI=ZG\4]/O,I3/BG445W%E/'3I%N6E4DVIG']4_5V5'$KYT;U!
MKZ(;VKLB.OE7OC?\7LF??\Q(6O0I[$"VJV#WT0K2TK&X=HF,_8!4S5V](&M5
M;N7=;DQ33GMB/`M?B*BXKF/7WIIB_W:IT$&5]1V[H,=7\5NAF]FU7Y[O=^EF
M\MV27)Q,96]>C#6`5.0IQ`M2@$S"(<W_S\4?.@1\D6,;#%H)OP710A/:&;FF
M:[^\(_T-/>#?E]Y6<H;NX\"\_WH7AV8\0.%O?O/AU]$H"!Y7?+!:2PFY*I3J
M4I&22DH(]V:7;L$HM_)60Y2760^JHQ")L][IYGN&E)[R(TKI[88^%4@9]PY9
M"7$0I0`SXHFM//&]\7_H`%2/N+QT/%2WMO=%FV^GLGE*?<LQK/7BL9+5AH#U
MPZ_=B]X6T@ZA(E8X2$%Q<T,HSEHKEK/YBCWM_.V_=E)=CRY33=0'9=M-J0G\
M_:1S3WH(/L[ID89;%.%WZ[.)#P!)5`C6^$\9"RRTD$:6O]Y$/T.*($%TY+GH
M[_E8OVY7/Y[H[W532C9DGBLV&(B9(PILZBW'Z*65ZO9K0%.)@6WV*&/'<\>@
MK)^"LL$H)\H"J^MYMD2JJT>#UD,Q%XM-@AD6[!(ZJ\+U=!A$Y(]F-[V!KMA4
M#@:@QJ8J8KF!EULK>P?'[W.Q(_13PO(!PX&L?6T:5.43T\'7XS@"Z$%LW6`<
M;MQAJPZT]2;'_:C0;U"%8\!?(;)=?C@[`F^LQ/@98:L!XSW0Q=<;DHF_P1\M
M3&L#J$@_@_8#J0^*DVGH4[]'^>L<9L"/;@20MW8AMM+.I&*=R*+KT_M411//
MZ*KL=N9V3^78DI%M#KHLKCSI$=YEH)YXQN$K,I7H]ZA@0_'!;#%[L,&X]WTJ
M*.4*,Y)-03UED>_&/WV7>+RSDO$`0B,S]ZO7.,;VII\^&J%.Q\!P+-<S,)QP
M+?``DTF39LR#S&$:Q6'>IPH[NHG"W<+0VS)>D:[#0%OLDV(2QM^^4E?8G<)+
M$5IA,4Z^,HBSFL#9[U,!EQ&5\\T&N(CJ_=U^LY"C_,C4`>LD(4L5+_3&_3AY
M[P!3P=F[QU\4[=/]V7N)D.^A";?'X;[`AJD\=E\>9H8P&^.,PVYMVX99C=9T
MGW9^1Z.:O9]\&/N&K#4"CWJ';U-]^K=/N9-T!QN>(;IG;G()=RSJ#G(G44?/
M$.\5Y@8&7D8#:YCZ*67TE,/6+'M]]UE3IH:7:"?CY1@;;>0">YS'H"L&UCSN
MRB5C&'>5#26HY-A%=EF`GB2'![!`"BS`6'8N6!>#(RKWB-@A*'XZ0*<#RL<Y
MERDZ34"\5#MZ]SXI/V`8Q;TRVU+Y0]=/:(4!B9EP*P\=Q+)3JGWR4B&QZEWK
M#6DZZ>C@VSA!8)+898KK%8?8SN]X&P%.(^AT/_SZ3>[\G_PPO(W05M9IZRM!
M%E7J1VCU`>TW-7>PU:%;#4V?:M,?T$YC23T#N;E-5'0N2K4IN]V8HYW)IM\A
M2ND35JP\LTF.[(!R9,L<4Y0&:HZE:)5XH+W28/1=`T7BO6V[!:_O5`G[,FJ<
M=T*EH;=:N1AFTQ_0X[A*Y9(*U$]E;:/K]19VHG1(WRPO$:-5MPHX'9[DRMT;
M4I&29HU7/+HC:_[Y(+5'B8=4#E8>,O,9ZFOWWRP;9TC%1\J[I\C2SJ&OBF7S
MT@J-\ZIP$,=NA%$A$F9J<2],F]C"G^N;PD.Z]7=9(9/,3?^WNCQ'`8A'XQ:M
MX8XLO!QTM>GB-RX@"6-:FRO769H6W9JA0"OJ(9U(#PWZXKNL5P9Q%6`84@&&
M:B0)L\NGM?7Q/>8B:O57Q.(74(?Q@$9X`54N<`&5"09KNS#60`Q.TC&X?<TO
M&P8#-B_>JW^?$,O6JS][-?B(#@Q0*;V*&_;OZD?=U*O()=R7+^[HQV].CE)Z
MCU]TMN58UIN39;:7)DP.2X4O"6D`+#'\HB\*>D)`)?2EBX,%T7>:93M!1^KD
M*KOYA_*[N\.=U5G9^T(W^>9P$V=@C-+N>P]YON[=QEOYH[0KWG)>0>45^'O<
MC1D2^&Z&"?#.A;L0A"N#.\7':*F<XFFW8*$\VG%R^$&V(]1W/?-P#4R-Y?HC
MRB/N=@94=4S]MU]++!.O$_J4FSR:4)D%?H!?R&H,)H<\(2RP9DO%1J!F-2?M
MSA8/29\1E:?OC0K/):CT?O#>G,SN<]-);[I9?:XR^UH.7VT\-L>]:+XO18_I
M"[I]2B(=A?VJ+AQ57,+(D389TVEJ.H;!\STQ;,EI*OZ`<KRP@7ZU@"19^5<G
M2QK,4B=9T"W5"]]`BT1+D/R!+$GPV5?D,,E41RM&UYK`.TLZZ[Z0GRNN[CR_
M*^LMR*<M8@>[OM[\CM0%,5YT+\._U-;)7ABFH6*R7!AP,6AK:>].3!A/280A
M/7J.9C/[5[4P.1%G-5;C\;BS3\9NE%+Y]7-Y0`_W/HBE+59_4S0=+"<L.J%B
M,R)F(CI#>OL*>#5)@X!8+]N(>HZ>E58CCU#Y[W&'9A)&\-F^0!7L/[>;G3:%
M.XIA1??UO3]__@'I6;RI7=;U'_>?#X&)\L6'XQY%=K$3;4N-.;(PH;\H/SR!
MLRTHN#QSVN5KRA%(.]I.ZY=5Z]1QVN7BP3YS;:L]BF/._ER:NHHLVU-RK!+M
M8]IYFM!3W>CW)_<'#J)ID&\]+Q6,-E+KL[<1^(%-)AN!C^.NCDW>@.W=L=P;
M=$?C;K3/'?LXL%F_,N!?^S><JW/YI).RX6`.?6?/AJ.][!(^C^\&4F-7AKGG
MRTF*M;M;$FT?[Q`C>+4LT$,1VW>@TQW'TJ:N0T(:)C8*`#R6)^2#O;-BG@G=
M1F9"3S1CL^>L%L#5"M;\%W2<S'W0O;3!*%HSV5=QF/%8:;,-[&\Z-A`QZ=A1
MRC<S+/C@DY3;CXD>/SD.F\(UGBB\=<%'\,K="7\1L7.MV/#<"O)YQ#(NY1[[
MA+XDF,XLN;9:YU%S=B[XAM]O.(?(8$_I&U,H52U&2P$695AE,U^*2^!OECE#
M2+7O+',5MAW[9J&5YJX(5Y+\5CE\1-EL\H3*X&?;W]:9_!3<BWDUPV"RT&YY
M7$K3L`D5T>[VZ)!VCETFC_>$/52_]?*<!-CQ2M1H=49GP68`;?700;Y=6TIN
M_/-\CJ!:*!S7!3E*(WV(LS^^!M.MWV\/JZIR#IC!K"NZ\72OU(OF8`?.+T#Q
MC(]]D:RC>6W0H4P\VL`[L*\M[T-9:PY$F_R\6/`PS`*=;0A%>[.(0(W;WJ?%
M3A:=I??AU__2G4^J]O9?"^<3_+B6;&>CHU_^&Y8_Q]M:&)<ZFCN?L%&WT(QS
MQUQ?RKV+P3K\9&HZCKFZ[.!/L'!$YTM2#7,I=_$'_RT%Z\[QAH.EX>?SN;+2
M],WEB[;"LN,K>I>>S)5BD.^=V]AJN91A1?+KN[?B%,MK_^^PSB6!VBS8!FR2
M;,)[9PQN$@$<;.)G>#K8T<_K/&?N5W;D]/.\+)$$>E$Q,/(#BL'+*(:**14J
MJB7JA$=NP'NA$@/@#`#(>'UGJ3@2UNB2B@7VS-$WDH5("R?),24'G]9V9S-D
MVW-7E^)[,>>2@5<V+?Q]_(.B2UJ@S*2I7Q9W(5VQW6ST?K;K^I`%,'@_X;.3
MPUILWX,PG<3@-/,[&$GO2VVVQ("T7=V)$#''%@(A+,V6,#2]M$Z`%GH5O&NH
MZL<_`7[@N7?3U57),!UIJ;QAM"`$;X=T!$;O=$/6"8AYJ:CD]W!/\<5@"7/F
M/8B16C(:-.\6#/XMY@Q@>D.KM6YN$()OO)GZ&V/<8#@;6*5@6_0=C!1C<2;-
MD.4H^%.O/:ZDD`R:-,=;.,/OP5PBK3W#37*4'[X4")XQ(4F16$]"GOK!#V,X
MNC,/"?@_7@IPM=)L&#0-YX?AF?@G?W4;ON1QI(4(XK&<N6`L"$ICU8"Y=-N,
M4+M]:%M:*QI%E!IQ`@W$>&MD5^^:LY04[*JM8">!R/*8SL/=/*@!EQ9>$;C9
M.*B?82'M`.^D`-PB%49(/8M+?,,TSM4PP>5)&?P7"A0(Q06$)SI5WV(B;*`$
M40\)R@<(5M=>6SJ,5$_>P6?!JP-*9RQ08%M(L8PML>639.S<P4%C9Z?.Y[,O
M/IL=BM$+QAO>8Q[][)N'L2#U$2:K9_2J2+N\-6<DE7NGV3-%A^LG=_B3@IT2
M(YNV#X60<O_O/^]Y5SQ>Z*LSR+'Z9=^4"U@P4%I&<'#0H6)G@]Y6<##]9%NY
M+=-80'T9Y$$ARD&N-',?&AUTZ)C8J$,YT^F'2P+@Q2*UUAL2$CHF?[)[C_1T
MFIY,%>C2[]]J\!H+`J14>?"/J2R]?P\<<E<%R_&)V0H2&X,.78Y)Q4-2SY(U
MLW-SF%FY$%5R2N>>(5V0>^B<F>+Z7M*T]L!^+(U+`R>1&1[(<DIFN#?H=WJ#
M[L$`_[[C%L[([ROPR@:&A'`["(AN"B#.QX/!L#OH#S/F]$'SQ2/=3RAT6*\,
MU5>#^\/5Q\<&92J5*?<2?9FS[&QWB-J[%QO3:>4<@FXH,MD;IJ:VM5VHD.RA
M=6\$28?HJD$I\6B9LI#.97J>19;M;0GD\+ZC36X/DSX'*-$6_,6$6#;&]IN&
M_>?KS7<;@L'AO)LK;-R_'<J:%,`@91R=3VCCB.4QTK-&6)!'5T9@#DW(M^4<
MFT[]48<^O+7D4;X;$![P/)A#UUZ9AN;E\<F&YDE;?'#5R0\1&"4?CJ<4JK<P
M7RT,$JG7X;186S$.*L']20C9*6$$]7RZ.0^CJ5/H]R.]+Y'AA4)@`_AM;\31
M@=BF?^^2Q&MFT-7!=)VY;KZ36/04>>$Q$DU,AFE5;)V38>[XKS8)4DJ69O]Y
M/K<0@K@E@F@%?@$\M(JNLTI@6N*W$C5(_N@:7J`D#&E:WN2J"^F*<<PKQ`"&
M&>.E,8QM=VJCOUQ\1I++@#.S?0>)$R&%!.S7$.3"0/=#6W/3BC"I^1K-AB2)
MBH)?5(QPC%(O[PJ!)`)]7?L3Z=K2Q(M@9*E>+3[ASC7VR;S(OQ7:)A?2<WC*
M<"4_,1!'LH_W\M#'/-MEH8A72:"-_=X91^S\J&"`2)\2(.1*\'(A!9?(&:<K
M#(\\?&@%.9+R4,UVY3((A[%`)\R-B7!A`10P;#U%$GH+%U)<PV!/'!M##K)3
MV'F-%]"(>0T6BQ28[#Y[^W^+N-L7Y&O+G/KW'WW]#G(GD"Y$1W@*8@H>IT02
M1Z0#@Y?_"]SX+?G/7!:&VN3,S^[`WE=D5%E\0Q!_QR(PH%/83J"Z/+79)!WC
MI[%(+J,I`HK.5.0SYR8\&G-IRI$D3L%:(MP68X]4A@KM+4RKA)L2IAE605C,
MKM?8BB:\!*856_1$AIJ]QU(#A8\-#F5%;G!)GIKTY1,D,H$.E=7ZT]_&W6[G
M4YAR"(S=,.D0?DG^!!")Y5J#O\BC3\0;#L./&'ZD3YAD0Z,P;'J\>'8&IA38
MW78-`;S,`M9(10W>I\:\A*5,@P13PQNTJR05(4GYS?9%9U!HLXS#RK>%_'8-
M7IHR-Y+=->&&3=P<#-*>WFD\(\(GN!V&[<G(C@25-\56.HL5^VSC^LQ+MF/5
MZBJZ31R0$HZE1,&!P-S]&"-%MF_\<O69[8(Q?OB)L6X-JZDPLS)>6O72;KZ1
M41:P(>,G#2^E0\$@*>@1Q?;U%S'<%)0QQX3<]A57Y`\Y)D.6Z=E+[P9#J%QO
M%,O:0`B7*';OWFL)?;.H>1.[@[=4LG0XI*OCCS[;]E6-[0C_E1,\==0]^,*#
M5';"I9O2U86^V7'@.-LQ;2_@]BTL\JL1[UWJTD"?NM^QO>$*Z/W(2?$YSDT/
MN^AUNE1U""."+]"I8/>I?].Q6Z,_.Y8[@YY]?CLQ=.C@=(ZTO^?V[\[.Q`5J
M/W8?Z<5TR"!FS^@Y=!(Z44I/"\Y0X!$US\@_H]9_`J[*0%0>VV)!ANO1=6P'
M*]8"U_/RS>+]8KX?`AC=@V)"Y6,K@P8[)#Q!437YPN/\-PC:)1MHDH^^!5[I
MCA($YNB(CT;>A0\J3\P(#T<"A!U&PNJ46$/M;Z97D[JE39Z\;!.C#@"#+MW8
M8T@IM&J/%A7&?'6!'A[GQ&P\0G"RH,!DS4\W7AT8;.O#KP.O7&9[OY6Q[%?D
MW`9!XE)AE$%H4H9Q-4P:`\&I@#V,:`'D#X"]1]O=':I=4AW@CY6-1?:^_0V[
MC%Z;L@(U['MZ/^\J)H\UZ8[`"R+*38/[(9A3OD"BXBSSN6F!YZ/'&SB&Q:*&
MWG,W(]I_R,0;;L.V<U=V&M75W2TW*8-[<5?$.P"!_$$`1G#VVP<`-<-\`*@W
M`+)G4VYY/%WNIC3:">F$OE>F`QV^00)1&Z]"XMZ(GGN<>_$=CVB]+]P;`:O#
M=7C>0$5[.0E(L3Y^'+#;E9FD`_UV#"P3D1WN7%D"Y.CZT]X6Z'(><,>8,L_C
MA];\\6;!7E[E,1K]AK_PU32LQ"0X>)Y(F!<T6QK:7YB[7TC+$PS&:[UPI68$
MBR%5SDA:JP3QU2GD[JSS&43*UC:Z#'Z(!UJ[G40,U;&"A_T8Z^1B-$A^0PV^
M\:ZISO)R1`*UVZ'<Z-6F=7FM*[,_/ZWP&^./Q`*WCKIK=5F6O0WD>D'X5*9W
M,#\!?L9>*\8O_]W];\DRW[V?Y?].OG70N^ANO1>F42!K_YN#QXIDU\9D]^3W
M>*FI]\*_><SDOP#802+\0`?T=T-TDO]<D\P4,9"W\95E_>"Q3.\H=?]RGZ+H
M3`<(GJO]!.-1_L7),ZFK_^Q80O@(X9,F?$@%C9`[0NXPDSNEDBL9*K6/7(6H
M$Z)N!^U@BY_X/5)//A,23TB\9DB\C\&01I92+Q-7R_+$XT\?%EZ%D']1CN3P
MM_[B/Y97ODTJE0+WAH07TR%`ED<(U"M8"V"`0T$,01?>!'#)$*8%=JD0#J-C
M4A0>XP;B@>@O&^2TBBD5YO%9KQ*9]L0+Q(FZ*AG:5:I$?UPQ79I<M49TS'4:
M).'C&G4A?CX5:E[M(-RSC%]6^>/^LWU9JR9,6;TD^.;81W^0$%*L=Q(L?XSY
M>WCU8[4?<WHNX*:P/.66QF'/M@6<&8;GC,MYUF=L=W"9G10F(XS]3J+>96-'
MFD,"Z"UO`J@*.5QH=79`^X\\<`E$:VSO%A!C7H',;OOR6;\G%S`&,VR_2,#I
M&#G.#C@/WL7WM:7-4'!O#GF-0<(>N@5@5X8:*:H<V`'O?K6&EC;8IDOI-\P'
MU.J)K^V`5^<_I7-)QO_^V/U/INY#$Y5:DW5+!?)?R&?O6FTD4*#5@]=1#V[6
M8\=1,J-J83ZD#3,9W519F5&&;5WK;:@$8VN60Q,'O[&BU_;?N\=W4C9YH^SF
MWF@BK.9TT-Q&30S#OE8G)H'9`<NO0]YX38,H,-GNFOT[/\HI]F7L34*_-$"_
M"$E_NA:R$([>:M>6U\!*B,:*1*,('PCA*(2C\-V9"I!\Y0O\%"7$F^$THC*A
M0K'3N"H"(73J%CHBCU]5P##H82!I08\J1&X1P^3??+66)R:U:HX9CGH#$3/,
MDFG'VA8R.`JI"A2APQTP$PGV(Q+LO<%_2A_EH<BP"ZE_NBXRRPQ[>M536N*=
M#Y%S6D:S"/4).=9>.28$2,,$2%-#?5XK24D-^TI+>A3\.X.Q0FT.]@G!(P0/
MYX*GB98+0_'U</TLY%-=8;UNMTC'``ZE'\,"CL\OTH.I(G%+YLCZOZ:*<H;<
M-8"PW03NQ0PF(FPGI+JP.D]=)GXUC36RR+!AF)*8.J95"$:Y"X*Q.X$+@P,A
M&(5@%(+QU`5CT&Y/4KPN0Y*NS9'T43.D#5(L>Z\,:*N4O.A!UO>BBZ7D14](
M22$EA90\<2D)T3#)7EM(485#O:,,IB]#&8SPIUF6L+FZHYW;:.:8EG1S^R@"
MLG4%9,7-[!V`N=4L3)[2-ZBR%'%9$8,H#*5!#Y0)_/LC_I=0)LP`^^@LD24T
M2%T:1"[2$H^_VTLE)/0DQ5"E6U?1I5LT5[#IPPG`^-,D(L-W`$!]$LCN0V%^
M7P2R6R3DQ272=DI$85MG$HLRL:TA4#/H"+$HQ*(0BZ<M%D5V+W\L^Z*+9>3H
M8B)]E"_26C>U[RH#B1SLN,D@`@IU!12D0C7"_,ELEC%IT2TT>VHS@)"((]#`
M^8\.U@7_,>Y)'_^CWZ5U03G]`E->M*-?H##23TF?"".]21*XJ<(QH_B@.QJ'
MUNMPG_4ZSGUX[Y$BTEON[!"EK[%_\F@W0>"G3^!['319WC>E>-@YPD,+GRK#
M3ODH_X0-E61:B*33IK%VQY)FS'1711*R'6WE?65JNHZT-AWHYJ;HTANT>2/S
M3?"7)>SV2?CO,W.%H"44.'S>]!/I77.6DB)Y5K:U5BQG<R&5XBHW#A-=P,2#
MIJY-S2"=M$(7!(/;0I)K^XUO`+KO6_&9BXPP_-F!9GSA;ZKV%OP<^Y%\)SA5
M!!%=6=OH,OCATTJQ%A@TCKF^[':2:!`F9?$39(KY!`/)<PJ^BN>8W\'<QC_R
MSFTDAD0^C'4S4\2@?XR>[N>@N>XQ)-?-07&R/#J*JD=YWE'Z*4;R$8(X>"B;
MPY0?TWOP+#QG(>9VB#D%FH4*"2<DW$$)EX5X:1E7*O$^*<8BEWJFR"O+H81@
M%8(U/VW>HAE:39$E]>0S(5^%?&VB?/T85%0T2<;FJSOP=S4U'<=<G9/O7)(I
M)5M_\1^KHTXA.[[N#0DOIN>=V%NO&"^``0[%?K<C]W@3]R5#F%80I4(88C)>
M7/8%S9:&]I>;KRZG0A55-N!II58JY+\;YM1&UAN)M-X;:S?7G97JE&K)8*]8
M"5]YP?)<U8N-U,&.N4Y#%GQ<H_;=D?FX(J-5FC'6K"3X'E'_4=).<E6*5*AQ
MF5,TIZY8:0S,I]-6%C^)!$&9<2QVLO^+J1BV9*$9TCQ;2'&D.:0+W_*F"[FO
MZ6-87)K+?N&N_EP^&\I=WAR[@LJ#'722T^?2)Q[QY2LP"R.R`R*S<72-28`S
MO,<$5SWET7]*'P]T41%ZM$GYH),J46^51I#2!MQ)CDGFDII3W:^MY#5R=Q)^
MBO`^^)&:;+T/['RL76NV5&PDS<S52G-6R,@WZ??$9'7-[D%OD*MG8BVJ`"^X
ML$S74/U7_.V._%.?CBAZ<[5!^H`=T`YTPRKGDF9:9X#T2YI"VPEMUR:]TSX?
M00CDK8Z.L4MG0AP+<2S$L1#'0AR+>`D_(BM?-0X_-39?HL9;S2BT$8)."#HA
MZ(1M5D]@^`]H9P'E*!K4>B+;D:#/A;.1##-GW_03DY5U3]/I=[B/#?-1.(*5
M/*0'%5);*R+!HEZDW'H1F(S^4>Z*@A$1?1!&>=V:0-I1-IA61\*7<!.^@?`-
MA.04DE.$,X3($G%;O-J-A53-V3%"X4PRD",BMT+4"5$G1%VCK3.&`O/A^KG%
M$K'VJWV=`?\16NZJ=\-)MB?JC5=6LGL*BH4=L"`H>RY-.O\I?1P>F-HH5)@(
M,`BK^[2M;G:"I>#0W!:*XC&9GPN7JKL'QHH+22PDL9#$0A)7/Z>WA6)9OI#/
MN^.+CO2Q=]$38EF(92&6A5AF%(64[+6%%%4$*0Z(8%(^-H'R,=%OJ#%A]@=7
M=[1S&\T<TY)N;A]%R+VVD#O_K?2XB[??:A:F7.D;E$J+P+L(^90"L<'H/\])
MQ`?_2^BUANBU1V>)+*',ZE)FXX%09D<GC\G<YEM7T:5;-%>P@<:7@.90J8EL
M<@Y@];O_>4YRR7V1P1"A,A$J$Z$RX5C4$S'KD61R7R23A2@6HEB(8I%,YD,N
M=RZZ6"Z/+T98+G.;3=YBLM*ESBRX>#7<<_&JUYOD?:OW2!$TRIT=>'R-_<,7
MR8L+.!FUVS85G]1L^I"E9'G?3.#!..]KO4?*$(T?Y9^P:$R&6TBX:AKK^"II
MQDQW520AV]%6WE>FINM(:].!]DN*+KU!7R8R[`)_67*62,)_GYDK!*U;X%*D
M-PI#>M><I:1(7DMT:ZU8SN9"VL?+,0S_[$#GI_`W57N#G__^LVN?+Q1E?7FG
M:!8,SD7>W,HK0XTUUWM`BNU:2'TT\&%=R]*,!?X"]G&LX-=KQ=;L</!N-'?W
M!=[Z@M%UK9NS/W_]]W^3I+^OIMKE4S@;[<ZT[HTW#!PRH.#9U($4#,#P$YK_
M\N'J^?7Q[O46S7KR:[<C]U\_DY95KX"&L=P?C`>O>+U7Z!2OFS92KYSP)%]-
M!W"#22/^Z=4/S2:/D-^R/_>`5E-DO?KP>@T_O][XT(']$S"0-P3?^^QC_7$>
M/A'^X+\</^LM_D%2T0Q_6[=_^7`^_"!IZB\?[F]?Y4%O]$%R#<V#R/?GVP^_
M#B<>)?[]YT/0C&!^%W3,^"UHF'&#8.;**8'[1K&L#:;')[0V+6ST7:V`68Z`
M^)B"^"`.\1VP](`=\-35;&:Y2(T0<F\`5T?8V@?Z7M-`SX;2)]MP'W0#N&<&
MZQ86B$!+V4I<?C4-$^&/OVO8J;%FR\T7](;T!$+"[Y!)W#;Y0N\`_/N=;?AW
MAX,!A8$L($UB84N_I&@40E$W2\58X`U_Q^M@!?\OI/ZF:,87T[83&+I[>GQX
M_1_%Z/A2ZN5QO\P*0())!^2!_14:'I(IG5B/^;P,0B.@H.M-]//+9ATA$)YY
M"D?KW$23=4I#5?B=H'OCO=^\D9P2*^?KS8VNV+8VUV9$^3[.O?,G7I#Z\.:;
MA6G`VEPC`^&G-?SC(?*0M\GCW&?/SDY3(C^JXV9"]!<;_H0`822=_8P<1R>B
MR'XT[@WRBMNPH40Q<@%,QS!X$^LK_.S@?WMOG3^N,4*)W1;2QXOI8)T0[?;>
M,_ZPL/JL6`8^>GF$LAMI70II_?X@:3\<"^8(55^1$WO\T0@U)'[(L5RR0EPD
M8KXS+>QL&)]_S`@E[,%8+X&Q7?*X<1CCB[5[VU0B#SMQ(BF,X)@E&GSI<0W'
MNEHL+(1]G,A>^&(:BQ=DK6[1U(DMGU=+JPA+;+RR7B+8^I3"[`V&"5/QR,/F
M`A?69-G,RC1Q5P68!A28Y'XW)Y@2A]PR\MX43?<=H&=%1\^@:@@/80_`<D"X
MW9BVDQ<R&K$Q7R-3,Q0;1#@2!7>MS/Y$ZA9'/\^62'7UN#'\.']&V&?'1PJL
M$&Q0*_\TK1O\T<*T-H_SK?>$(D3[@5^@./Z)#H%Z2%.D3%EPV>`5T>#V`S?N
MRM6)#B"0>,$<_H)6V.G"M`!]9S4+C@%G#A9N!>PI1]VG[N+@VXV*Z#N_65@V
M)^TI?%[O5:#18J$!-M@(W6Y3AU=8WGM!D#U&$UPY0@_EU>]`SU$@34JD=,&)
M':3XE(H@7.&%*3Q[F1V?$-.&V&Q0A'`(-I3G/1X,N\-MP7'TL2+Z#7<$EH0?
M/3U&;>T^^&^Z.57T9ZQ)9PX8K)ZI<@@"`\KW'73[<16U:^,5(#[-NCET_F\N
MYL%9QK-3CMT`:XT18^P'RWRST$IS5S%M?N4$3Q&!P`X4N7A@0'E*_0X5?CJX
M^>19@S#Z!HL6;,UK*W"M_!](/V/8[N<?:V38C(Z=0RCOA@3E#70I&R+/R9(P
MB52`[U&&OD1LA__0G*77*/(6X5-HIN>Y^4]@#\^Q%,S>F,Z5C>?>8??*40P5
MXP';IWBYM:(?$]Q^=JTWI&'888+Q%1#810%%W2@N[..+9CM?S/=#<*3<`WDT
MH-BJ.GA4C(=`3I2+AM^UQ?(0'BC_8SBN'`L!--@AX0D_.2-?>)P32X6P7\B8
MV&4/1BC7S@B45\((\ME!P`[L>-'D6^JG[S3'HY2CU@3%%/6W&QB4F7].YS!X
M!8H+>'Z<!Y+$OK=M%ZD0CHT$R3'9JD/DY@<:D0H41U/;_=>[.(3CS@+9H8TU
M6V_("+Q98,`.Y&&`&'NDP5/?3%N#OWTWD&(92/6-OB?TAHS\YBEK83JD/!59
MINS4:D%2F4XC'WT+:F=\+^Q`>*DX3C*(X"'E0E6CX78!)(F1)Z0%3E#DN-@W
MBHU(,NX8!9;<1@BU75ZR'P9*"AL@-#=-"AT"-N6I44;U@1,7BT?LHJA:84+Y
M;,/)$?&+(J2:0IY'4E8Z+/P=>1KG%MG:PH"(PY6=IKYJ3Z^-X\BA'$%&TB$%
MY%N5%U2I4D@'H8)-/O^,P4J`8C@WYFIM&E[RU$O8?Y[/T<P)?KLW`NOZ"2.B
M<`IW!_L`O4)%HH(YV4989A\*7PPI=^]\0BG("@%S6-A`Z(0\:-\;D0Q_G'\W
MUHJF>CG7G"#/5N>P`^2Q/1CQ/1P"/.7FR8,L(NC8XT>`A6@7\M0DQ*.PF"<<
ML\-`8$B<QT)J5ZKHX$'8$!/)._$&DUWYF<('C6#V3=G0A;+?_((N-:6F[:3J
M8YD4:0ZI5%$RE9\;Q`S+9AN'$585RR/*)^SWJ*Q_MLK97!E1HIM+33(#+KXA
M:XT@K`II#,SUG_]R01^'FSH$G#3?C-DQLY:BY`3'[M-0SL\0GS![B0?STIDT
M[<!!NG]$.42#\83R$SDKA3DFS[=:(0L,V0>\WX6R0%Y9S#9W<(&2-#>H<04R
M^7'DET+^!A:*`7\%.<816BA_*6&U,RR/V;\<^%V:X9KNEN0-8H]R]P%_8VD_
M6E`TB:RP2M`O6BY=#_%;>C:B/:]N-AR6!/1=4:7D2Q[CCR1O"Q9Q;>.`&7WX
M%>X\^E<>R7538D7Z=T"CRZ.ZLK;19?##IY5B+33CW#'7E]U.\C(L=5VVQJ8@
M8O6=E[Y'W2,::O@/96S9D;]?1Z8[T*-]?06ZW@[]]TQ-QS%7Y^0KEZ0(:^LO
M_HOSWAP/7E/HYC19@?S^[G'*U-35].ZUV`D!`2?UY#,)F#KCQ6;!BXU8O;F\
M.-C#BI-1G!.QIDAC0_@XX,&2>7:RC9%26?8+LFW)P9:Y)'<EST;(U5DD'^AR
M@D(@MQAR0Y1*IB5YAI]`[JD@EU1%"P5[2JLW5\%V]]FZ>=DTKY%;*=M!4*!I
M0G0?=OJE[J]?(6:BH$1N_%0.=<$3@B<$3PB>$#S!*T_DLIXSN2O=3N&8WV%S
M+7A)1;"\-R2\F`Z%3D4$3/5F:&D1UTJ%#,E.\2_9^Q4`ODH)XB7-^(>[('E!
M\H+D!<D+DB^'Y/>WLT]IOWV,G9C/V*[&0B0=ZC,!\>KN68I5A]1H)*;$<4MS
M9W+$?'N=4GW>3M9],)<9O,*[ZBB#@+F@<4'CIP]S0>.MH?%\8XQR&7WUF'*I
M`6PH73Y?>;7+&TF+C+A+OJRXLK+QA.?RC7XZFDL;!)4CEB^B+QH$&4$O@EX$
MO7!&+UR.'.SOL03D27[<34JS`KY?/%](+Q:Y_;PA@]$6X?TW25D@8[8Y(6N`
M(>#^(P]8MD6!!>292Q8PW+D\&0F4%D<IM?<L2"UQ]^<"J2?&IZ.!0.GI\>G'
M?`.:!5KYY]3>J"M0VCI.%9Y'(>B2_K7$XUBYAN9-`IB:ALI9#KFJZ$"M`FS8
M:0G0N1,Q\BD9`TTA]^[@E#S@1M'[2-![#?:I+.B])GH?"Q.R/!/2[]@6"UD+
MX[$&;2J,1Q'Q;0NQMP7F@M8%K0O!SB.Q"YNQ$&QO3`LZ%#M(,J.Y+2VA<YZ$
M2W\X;@G4>9,N(N983\Q1;@G4N:/WB2#X&@A^)$]:`G7^"+XKHH[E69#!!(_S
MJ0+C!20[[-(O+LZ(PG9Q$4+0BZ`702_<TPM/5D!%-D9OGXTQ/N*]P4.EV!E/
MR-94;V*XM-JR.4[N9DY3O!IYV!*@\^;4B`10#75#8U$W).KDVD/O_4ZO)5!O
M&+T+6[7!MJIA&N?"7JW+7A4U',)>;0VQBXQ33>J[+\S5&DH*!+ES2>["6N7<
M6KTQ5RMDS5*,U98P%$]2;.\0Z1.".6]"3!BHU=.Z2!X(6F\+K8O(`X_$SI-M
MVL#:ORO;1HXH_!.%.:*02]"+H!=!+PVD%YY,`!&>2@U/Z;KB($LA0XPE%4T=
M<5FU7E^F)3!OE"MS0G#GB=;'@MAKRBIUQ3W5.NC]E'HWGQ*]"SN5<SOUT5DB
M2U)B(;&6<!(`Q%_LF$'8]::@VE4T4C*:A.W;:F;JMZMXH;G,]%'>WQ+CA%#5
M9'Z2Y79=P#E=AFJ/\5Z1:]#=ZQKD3IQXCY1"&B^FH^C2?.=XZ99P>$P.YYM>
M7F\TI']*0^<R2V#V&"HU<-)"6Z9!/"2?=5O6.KF17"3W!X*/>.:C[EEG*+11
M`_B(Y>7]T.`=[#%XNYUN?G0$#Y4"A6_(6B/'Q88O*=>`L8;H+Q<LWZA*M"6D
MS%-R3URX$,'KMM!Z6V`N:%W0NI#K'-)Z*PP]+[IY=??,;T@SNQ>1EG]037>J
MH]0$1*\8H3/$0K[!\OG<WR)`J3=VR]N($4&(!;W\LDFQ34%J08SME(H<1N,%
M*;98+O*7=A#DV$[)V#WKC(3%R#<IMDLR'I](VMY7P\N^3F9U>71$`"=X*-L;
MJA=*28:*V*^@D,FMDACM@Z<F"CS`NMR=\-7*@P=X"]H6M'VJ\!:TW0;:/KG,
M%_GUW3O`U-355(/]]Y<'Z9[7)%AL\1G>';)*2X1G6?YX5LVR.D>P.>H%1=1&
MP^`C:$?0CJ"=!M#.R:GT-`U.VMG:DCG'!S!(3%%QD"K]<?]9M+1M@M5=7=U9
MTWP_02^"7KB`C*"7"NB%IVX#L^9UM;\QK;5I8=7/;YO9M+QFQDX9#<KV-KEW
M"V?7(-I!,(7/RO-]`D$T0LILG[0WXJQ#5#M(INERYF.WPVD]^HD3CI`U@F2$
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MCDHHV%-:O;D*=M^`KR+C(8ZZ"%4JV]TI6N.$Z#[L]$O=7[]"S'PW+(1W]J]B
MDYRK@;K@"<$3@B<$3PB>X)4G<EG/N<K<"G@AU93%Y8#EO2'AQ?2:KUP=(5Y*
MB[A6*F3^4'07\2_9^Q4`ODH)\L6T[6(3T>K0J(+D!<D+DA<D+TB>%<GOO0O1
MVR*1(\W$?+8V;UWV8-04MUWV2O-F"O?89.;R<M5!BPMX5QUD$#`7-"YH_/1A
M+FB\-33>BBNP=]H/I)ZO%`?FOV_B]V!%<T71_$PTRQ/T(NA%T`OW]"*:*Q:R
M`KY?/%](+Q92;-?:2(JA2@OS#5D&&`*2LD#&;'-"UD"M-Q)YN3;8'4X$2HNC
ME-I[W1?P)IQ=2VXF6GGB5,[&GS83H;SQ*6=-59J)5)ZXM#OB;(![,U'*&Y\>
MT*?"[R@$W6<'&KJ#O[%R#6VFK15=FIJ&RED&N:K80+UFQIDL=UL"=^ZDS'!P
M2F9[4TB^?THN<*/H?2S(O18)/SPE9[)1%#_J"4.R/$/RSK0PK(Q8V%J8D-4+
MF-ZP)4#G3;J<4C2I*<3>%I@+6A>T+@0[C\0N;,9"L&W`1,E6")?1>-P2J/,F
M73[V.B(.4SW!CT68780=6T3N)Y49;Q2]]_83O#`@"X'WP;2<A;)`YU/\2H0!
MA&9PBT9#XNZ,J&T7=R$$O0AZ$?3"/[WP9`549&/T]MD8XR/>&SQ4BIWQA&Q-
M18:C*;JTVK(Y3NYR3E.\FM'^L2<G!'7NO)KN_E**$P(]3P0O]_LM@3IW!"_"
M5G6$K0:CED"=.WKOR8T)6PF#-:?!:IC&N3!:Z]+A0J1Q6,=Q0G#GB=B[(LU:
MD_X6EYGJJ-$3EYFX)'=AK7)NK=Z8JQ6R9BG&:DL8BB<I)HL+:C5)L?T^]PE!
MGB=R;XM?P!NUMP7N/-&Z$.U\BG:>#-0&5@%>V39R1`F@*-$1)5V"7@2]"'II
M(+WP9`*(&%5JC$K7%0=9"AEH+*EHZHA;J[5Z,^)&O/#<VT+K<E>4_M656QJ)
ML&P-!-\35U;Y)'AAJ7)NJ3XZ2V1)2BPHQA<G^8L=,[F:O;PKL)EZ2ZLX"^5S
M@]3"VQ'6-9=X;3*S\G:/@1ND-IU9/\J\%5IR@]HF\^N(LW9HW"#UU/FU/;Y-
M19Y3=Z_GE#NSY#U2"FF\F(ZB2_.=P[BYE`CYQK&7)N#S;:->O^EL,N*L;0`'
MN"RPD=HE>I>WN]D<X+.9O-D?<7:!A@-,-IDS.[P5M'.`SV9R9N^L/^#L+B<'
MN&PP;W:[+*=JAN;^8(^YW^UT\[L9P4.E0.$;LM;(<;'93ZIY8`@F^LL%NS\J
M(N:+Z%N1^AVT!.:\)7XYRSRT@M;;`G-!ZX+6A5SGD-9;8>AYL=VKN^=3".BF
M95]4TYWJ*#7]TBM&Z`RQ\!]Y()[342X"E-KCT7QF&P4I'NOGETV,(IS>:G)L
MB61L<#:@)838*KG8X&1&2\BQ)7(1<C%\UI,*4FRC9"R22AI>C)(;:WC=V\FL
M+H^.B.$$#V5[0_52*<E1$?\5E#*Y=1*C??#49H,'6)>[$[Z:O?``;T';@K9/
M%=Z"MMM`VR>7_"*_OGL'F)JZFFJQ__[R(-WSF@>++3[#NT-6:;GP+,L?SZI9
M5N<(-D>]H(C::!A\!.T(VA&TTP#:.3F5GJ;!2<-C6S+G^``&"2HJ#E*E/^X_
MBZ;'3;"ZJRL]:YKO)^A%T`L7D!'T4@&]\-1N8=:\N0<WIK4V+:SZ^6U$G);8
M+*US"0^5!XWK=</938AV$$SAL_)\I4`0C9`R5#O?LVZ?LP[6[2":IDN:C_*8
MT\++$R<<(6T$T0AIT\KPLG==$M+$XKID4SBO)<7O?#H>@@Q;6/@N2)%O4FR)
M1.37UA6DV$*IR*^_+LA12$9!BIR1HI",J;&%GQT%'RG\3=7>X.>__^S:YPM%
M65\^SY9(=77T./]N6$@A(VF_F+;]:,0*NU]@C1=\_FO=G/WYZ[__FR3]/5C@
MZDW1=/C[G6D]*SIZ#AM>WN#-:89KNG9RZ6^FK4&"^>4=Z6_H`7]K:3]:7TQC
M@:P[1;/^4'0703T:0/P)S7_Y</7\^GCW>HMF/?FUVY%[KY_QRL[F%6`REON#
M\>#5BR^\1IN^^J'9K_XF7[\_O^`=V*ZUN3+4W\PW9!GPG0>TFB(K_%8$BW`;
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M>3>&<O]-&XSWP\Q2$.@1N_@[519QH7^-=//]VC3_)+\]*#^TE;O*BZB"H*6`
MBI"Q$ZS=.%![,:"N\>D__-JYD`<>#V4_;J6:G07\PN^;EK/`![Q68.3LML+8
M+7[ZV^*GW^^6IG_WR[/?+/QD<IUCI.\^J-Y82,6'Q8QB+!Y,4]U$1$C((7K%
M;Y:BHB/%1?!]<E$D+T(&VPCI950'.<#'#97OP<=7$S['MF0Q'!S+%T-*+0]*
M-TOY1`0OC#':QLAPTD*,1'1-/E)D_QO'&S974_MA:H?^QF-4S'X((Y3_W<7.
MP`FCY$XS%`.[1/J]83N6FS!#_V$IZS5-SI7++<JA+D]L@3KZ@CU(#9N>&[P8
M=CFU%00=_!_4?[J>R/C\8XT,&_N98)6JUYL0CK^YBJ48CFGEQ8B*M-<OV)?1
M8VXM8.%AJBE`R7@37PD-*_H6'JK$X3%B;D)YT[UQ7/\S`GB2IQZ=I>_9H!5(
M`6MSOUIC9,-:GASR7,8G-#,7!I#%O?%9L0PL>/!GJCLCXN)&L9=W6%<DK;.[
MI\>'U_]1C([O&K\\'N<H3RA'>;A-V8R/D831+;*T-^)A190#L/\=J0N\P!5^
M^(T@.'+`PNCO'H#T$P!)H?4X"+H??H6(M!^0AA_707A\.P&Q4BR\+8C>7\H]
M$E;W/_$B])=]\IFN&>@\O8".50\4_[6PJ<LHV82M.R1-+J4(JE(,K'2<?IWG
MP/TZS^O]G:1&L$>N:[,=$'BD#EG>#KPWOE7^1F15_TZM^E.^%Z37#D6MDU)H
M-9T0'Z[OKZ2E8DND]P-2)0TK""R%0\9D!5`?/WO8O-#"DK.T3'>QE#3'EN:!
MQI,6GLI#"!HVW-P^DT%S<VQRK%UL\6)M`)^SW0G^@P(Z@?&REF;_:4N*;9OX
M8-!QXEUSEA+"%@=X`/`':$L!Q]-](P%KHPO&F[@WI!FR'$4S),`D!C*RSR2'
M[4N6K(GNQL2&@+%A3'"8@F:8<3`F,#EIMNWBGZ+9A9@>%8=H?@`66'VJBK\0
M,9;_C7?,=/@Q+]V&2=,R5_@/2%J:MO>XI<R\\8B*EXM#'OUBCHTQ:8RM2D`Y
MO-E2`=D>T<'^_-T`Z2U<S?LC["M]4^0`2\]6PH\&QM(966JJZ`K;/<-F["5"
MCH3M+^()`)O#NP)24%;K3W\;=^71)SL-.8F]:P!J+!Q76"2KC(F([7+3#3GD
M]J$M1(*`C%_FT_KF@FN0W*;CE.U+%`N`#$R"H8R9>H[=#NF-!!LP%G;1'=L]
M)+H1,28KS*`A2S$F(L;$$\HG+)J-!7X`"]\`&VQ?Y<90SG9ED[$P9+R]7>2<
M($`;2E`\5L-"R%PCRPLJ,MX+H!MC.-A'M_,IBEU)"ZQY;>FC3KS^GX`3-2\D
M$M?"9^&S\B>BP.!X:=\#+1][SU>L7.@71(9G0ODE)()O@6+3'ML%/SPZ3=M$
MJ);8@BQV)KXE]Q.:(PP),PYUMF\@88C1I0213<F+#6-B#<-E>V,2A5Z<@FZN
M4;%"SM)4`3B!(01V'/M=Q_7F?)=]6]#=KCX>EB$<]/WB^4+ZYD[Q-WSZ(Q$Q
MUX*?&AU?>-FA+6+(13_6)&`J^=(</'@"D+4'D+D/$"T`2%R?K$G!&MX>T3_8
M&28*)Q#@S,)!OBKU2N4DTO<)Y+AFS'6RD7,,SS]![[TK:SLTN+'P"G:2=B`5
M31W/<\1>&P:4C1+^H6I*ANE(?T%USWP3ZH6TX(8]PR`!;8+6L!O&;$F\3PME
M]4#9OOU"HH79"7#\/=-`94I<DAD1['H!,T]@UPN8:9==+[!*QP&SN$9M2&`;
M4$]Y`3MIM>L-I2.!F6>YZP7,S+F=(#+8N1F[WO'<>%XH75ZX9;]@UG@<E`ZB
MTI%<NEIC%J.N31S=-5ZKE:_42G]#Z;*B=$8HG4Z;;\0S<]9.5UZ?)*<U-(14
M>94*VW7]G+_F2&\:>H=<(63&)0QX9-A^PE8C]UNL]#C/U+4QT&W6:12R*\9I
MAJ.#5Q!N(H4!%H(TR5D)N=J:2BF\$%\0$81JI*#`PV9]RB@L:D$:!1G,9$S`
M(:SKFV;!%80SKY;I?$I*I\_P`6Q-Q>@`HEGY=?'A'V?F:H6L6>K?;IX^2[JI
M&%[UR<WM8ZP\A^W>STAX%,LD9*A>V'>*I"726>?NPM0@A@9^(:1B@AJ/J%1H
M:N,_2XIDH(7I>*5B&)R.3M*QTCOCD'B0;B?\9*T5*ZT@I$G:YB8J'"`":T=*
M"G,LEEBZJP(GI.:+$T4A2)DMI37^LPFZ2\)D:`$VD%]_+M&);,8)9K8Q^5@"
MDW&N81_X&;\J!6LLD.8!/%YXXM%.RNL:@Q4PP8S$V6C>V%47D@9F*#AVWDT_
M>P>YN]7:-("6+Z6/VD_2KAH.(&V3>;FI%1.0]HXZ$?+JCQK>FYNSPN0B3B!/
M>P^6;2OQZ@'-`!F$"-#6%EII[@K2CS.$OZB25;U?X,87+,?8GC5UU@616U81
M@7AXL+6BL5:I`**ULB'PP7H;2TT"<(M((&QZK!'6J?@/]+[PQH`EE!7ID!,!
M'8K+89^F$:Q&DKU@J;B.E[6&Y]]^DCSD>]_>VD?\=7'E"I7%JDN^`OQFSCRA
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M-6^LQ>!]XB",0TT`%O91Q01=0MTRTS>L,'M#^S;&R"/W@U*O%LYU=^:X?IDE
MN?`7PX@-YE@DQKUYV/[-P#W&2+&]LKX6F&`*OW2S`D3"_=`RT/A&E`)I#T'"
M%8H-2(2.#)YI!`*'W"_T,<LX$!C02:#-0\`2>F$=ZBB;LD[`2`B;^C3:)MCV
M"9JN_:F"==\.2&KN,G0J:YZYIW><)CX9O[8T\7FL%F2<XCFD4XN**HZS*ZPS
M4\AF32<[4P5LWU/4Z2W]EB7?R2FFR\6#$<TS$X[I3>0URV);/)>ED\YMC+F>
MTS(+31)T8+;,31V;WR08349*L+4D&(NV-=9J$$[7#,R>*R]TJDQ-UPFB\''9
M!XF?K=@,G?/;OJH7]3O!JT+S&-5K7,-:>+)6)+=H1KKV23WYC#'0>0]'2RPO
MAH2;[#&/F1,*97QTB^21P'D.6,/KK8(I&+2M:V"&T#=`PL$W8>;"PF!N#3`W
MH;V"'1WNJ%I86;-='4L%TITV+@_.I&?R*_S_&]C,T'5L7ZKJYUB3P]B/1(P&
M.XN&">G8\T"7P0]Q'=#M)"0\/39X=-%-#AVBYE)U9.\KI0Z1#M]21!N-TY1M
MZI@H,+_Q8CJ(91H+AP9I%9IVE5P]'-+<[>Z9TMSO]PKC8$:\TOU[#=]3"1:N
MB-$>5RY2J@#//`'[8I2/E#.,_"I*Q%724I)D)@R&FS%C;W\W.>#"R<8S<J\\
MVL.]O>[(H\Q*SI2%S\,=5<+G7TVO%;7782:_N#V*6[.`(0<[\;.3?J_<K?CK
MI^YEG_CM]]MH2?BA@L.>>QOT0";RVM8$)2+G'^3OV!VY@BJ\!9*>T$KQ6C=!
MB_@9_"F8,E616&**6WG(%V[]_63:.Y/AJRQ58O'AJ]D-WZNK)I(;9QC+L?-V
M$YN@-4%K%=&:(#5!:M60VO7UM2"V*HFM/\H;.RO;DZ!"UV62&TP!E*(Q@!*9
M`R@HL%)Q-^%IXV0WE=#>B^DHNA1$T?@)+20HB0/Z2$;&2A,[V_&Q$C$?Z\M-
MANE)'\/Y=S\=FR:9<)@E.0Z$:1#S9_Y%)1MS!>[$I5>3-B<H%]N(!5BL),:6
M!E_Y8BC]'U(LCH"9.PJ6CUJW8UKL8/D?>6"8V];/1S*,3/>T8P[/)ON3NC5J
MK;+M,$$L.8_9[0\%J0A2R7+,R7`L2$602B:K94)77`I2*9%4\@>+<EJXC&(_
MJ<1R)@\[@EPJE2SY(CLYY0J+0$VJ`CKKCV5!*)7*E0+%3UG$"IO83MHQ/W;[
M_0IB-OQ%8O@,O?`34!E>C#B-J!2+DQPV)+DQ#\_Y`7VYJ_,&>%D>"=#7%&@Y
MF_0&`O@UA2Y&W#D8I>G;$668U.S?=;MM@3WQ?#AQEOIGG3YW68#2B+YWC)%9
MIO/1*M?#*Y@PN"N8H'V/,F[.<9-G32O$4$UWJJ/42HQ>2Q*S1<`B,KF,*]G8
MT2,G$;(6D6-OV."LCB#&$R/&LTE'D*,@1T[($9*8@ASY)D<V-RH8TF/)6?4Q
M=X$709!%TO!E2\>R0E%R[VS0;4WLNTC*/$-XXLAN(<T-*T6M7/FAH-,,+"5E
M242BO99'ELJ!2[WVZH$(-1?&05WTR(MUT")RY*XB1!!C>XE1R$9!CH(<!3DR
MB"S51H]EAI8^=ON=)I-DJ>4_9>UC*SK#![1/G*MW][=@R:FEWH$8'EV(U-_:
M5FD!(Q'%J2B*4_;]@M)$'S>Q77Y4C8"X@+B`N(!X*7<'RMH*[92<:`YP^R)`
M0\W[6FEQ1QJ5%2EFRZ/^[,W1"WZK:DC4MNUUJ&7<*4QV:-R,J%Z_FAE1/6K0
M1XE8D-*'1.TM;=L[)&J;SSCH?EBWPYG]I*6R=[MG1,ECWF9$!3NJA,_%C*@V
MS(@:=%MH2(@147FI2XR(JDTFE8Q:!N&6-@RW$`.B!+%52&R"U@2M541K@M0$
MJ55#:F)`5,7$)@9$B0%18D`4X_N+F6A/#(@Z)BPF!D2E!^G$@*CZ.:>Y`Z*Z
M_`V(JC@NS]D5%/ZG<XS.^IW3F/HCR*62UC:348,[B0ARJ9I<.B<R*$J02R7*
M:#`0TH67^XH-&!<U.)L,A/52M7QIY,"H;@_32H,;Z#:35AH\,TH^DWOM:MTN
MID9E,VK'%P,^PRRE)S.YL12YZQ'4'M"/>!X;=>*P[YUU^6ODVA[PRV>#,7?N
M1OE%!?SX>VT2^US-CYKT>>[96TZJFA]79-`J-^1*UR7362*>[&O>?)#N^*+#
MIP_"3\5)K_"&A(\C4"M0*U`K4"M0*U";(XE8$F[+="U[W#GV_&`WGO$KBVW+
M\ET%7LNLR:X[1]<NSUC,5N8A$Y_&+EE[`#<H==^B@8T-+X(6!'EJ!-D]Z_0G
M@B`%0?)"D/VSWJ`C"%(0)"\$.3F3>PV^6=`2@FS5E.7!V63"77&.($GV?0J:
M,&>Y.SZ;]+BKV<@.=S[[<XJ9S'0X2LQDKHA7RID?UR3172E@Q*!'09""(+E/
M?@MR;"4Y?NP)^2@(DB>"'(T%17)/D2T;S@S]5R9-)LNR-B+&,Y\<9S=^0+-\
M)@\R-QS(-(QN'>QLF\)B\^>\T<[^!QYL+H%^=<U`Y\'@KF[!,\N=Z!VP@<MH
MZ-T]4!@,'_*;0EJ*HQD+6U)L&V\7J=)T(SU<WU])IB$Y2R2Y!L:.OH$A(3,8
MIX>?Q@\K%I)4&/("#U`@/'+#W@;IT2.%EI/8+N>P76[)=CG$^+0W)MOU5FR7
M6RL&U[3W7\IJ_>EOXZX\^L1V8?H6&D\\PGAW+MOE++;+O3'F8+;+:3I=MEIH
M087M<HSY=\9:`"ZXICV3,6NLV2YWP;64NF=,R8RWQYC1;,9"&=N*C!?D6K`L
M^,8NX],R/BS?J&5LT3-6X(PU!F/8,29CG3'A,08>X],R)CR^N8RQ(77&M<";
M\>T`,68+Q+=`YMNY97Q8OD448T+F.PK"FLO6C&-QC/?'F%3XQNV<:U3P';3E
MV[E@[2>G5.D6(Q6^&8-U0%[E.WW#F''YUH^L'67&G&'S[1.PCN=Q?=AWQJ3"
M.(G!.L[0*MPR3A*X4YVQ"F?L?3.F/;[+&QA3,N/DJ,*84ECG1J<ZZ_PCW_8*
MWUD,QF*4\6$92RF^@\F,/5+&A$)?M>&)[ACK6\96-V,R9DQWC.,T?!LJ?`=6
M&/,L8\RRCJTRCIGQ'=;73,;(;94G;R&)=:J`:R->0ZRC`VR74]DNQW<1W!77
M#A5C2XJQD.=;2KTO66<>6/NV"F/+EO%R?"?E^#ZLQK?!PI@S^!8$C+T,UK'N
M)=^I><8:C;$48&Q)\6THLZY=91W89VRML$Z/\DTJS.L&&(L]DW4*DFM6XUO?
M\IW%8(Q9QHS&.B/'->Q<OMF">=R,<QG/W!]E+>/Y1H?&.#+%MU064;WCEWMA
MNQSK)A5<PX[OS,T/QB*%:]@Q+H?ENXZ=<4"/<:"!;X>`[PMHC)F,;Y.;;YN1
ML0A@S&2,Y1W?7,&84!BC@G$4F>\8-V.ZX_O2J,6W^<G8#&`L/QD7KS,6QYQ?
M1.<[.O.1:ZYEG1Y@?6N4=23*Y9N4$>-P"MV%E2?6X+MZG77+3[;+W;)=[IEK
MV'$>CV[592*^[]?P;0LPS]1P?5J^"RWX#D;Q'2WG.VK)V(;B6P;P+?!8=W5'
MDL%W`)YYZ4&KHM+M*J)A+$19!\QTOKOF<%XHV:IV%(PU+NLH$GL9SWE_7KX+
MFAC/M>$[?\9W\;K%^@XJXU@#WPXNZ[`4UY3'.E##]^4NOD?MS!A7#O)M7?!M
M.&I\!Y-;58QL\VT+\-UHFN_#<CX?L$V8Y;QVD.\*B5;EN\QWUMIQP;>48CVL
M[$:D^46:7Z3YRQ9[[;IUQCI3P'>N6MSLXF9W+;-#^58_?!M2XIX(-X3"_)X(
MZT0UZ[L8XO8$/YS&.NS#=R$<8^`]7+-=C_%D;\8]4EMEU?)=7L(XP\^^D?-?
M+F,[GN^\".?3WAC;CJT2!'^R-J=<@^_J(;YS(\P+GAD;>WP7U#`>9NXJEF(X
M"']1L25SSGBSMVB&5E-D23V9[UJ6;D?N<[U!UI>&&6_O/]@N-[D8,<;&5--U
MYA</VA43U[",X-IL:%DXD;5(X/JP!F.MS#=J.8\4,Y;V<H_Q_AC+%8WO_ML:
MYP4:G!,S8V3PW<>7=:*":S>8=4BG54X_8^N"[VNK?#<Z8`P[OGM.\%TOAU3.
M990(37*T.\3W'-M6V19\#X3B_!8G8^`QCF&SYEK&N!"U,OP0,FN!S'QP*NO;
MX4OI@>V*HEZ&&UN*[[OUC,44X]VQ#A%RC5E%US?2DG7C7,9:O%5NJ<*ZP)?O
M>]/,NPOQK<9;%?'F_-8YW_$DS@/H?#<9X[R]G<HZ#\FZ-?*?7!,?W\3"=[;%
M9HQ:OL-)C$T]QLLQ-@88*R"^!\3QW>B)=>[FG6]UN^0[%M>N.*9(!9VL&&A5
M`I?O4@F^U1G?L&M7/(^Y[\BU$<HX(L5X.;[[23,6`GS+%,Y;VRFB$D%4(M2C
M,;AW]A2I;8-%N98%K%OX\)WAV[3K:B5C0N8\\2#:#7*S.\[+$%A+>+X5D,;Y
MR"3>;W]S[;KPG<[D.SX@6E-RLSO1FI(O]/+MY'YD3,NLHZQ<&Z*,4<MWM3CO
ML0'&I/(3UVS+>7DMWS%JD4KG1B#S/?#PG6OO;,TU[/CV;)D;R7SGTOE.0?(=
M"^4[A\&Z#('OPE_.+\8@R>`[O,J\OR;K>"C7Y,)WZ1ICV#&V:EGKVU:%0_EV
M6#B?X\UW5(7OH`K?'7XXG^Y(%TC\O`Y^6@?+.NB'<Z[HVL*XU-$<V\**M=",
M<\=<7\)2_J]3TW',U>4$?Z)K!CI?(FVQ="[E;OBV`MOUWP&OOXRV+YJ2<"/!
M^/:/^![BLS09VT4J\S$^7`M%UCE[RV:>GN1:Y3$V%QB[('SGPYA[JWQ'(WBO
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MN!:BPJ_B*#;%MUO%>_"G9:EZOK%K,M>0NL[ZDA_?".&\#3'K(`'7U,RW8&;L
MIO&=Z>,[V,4Z?,'WO7#.:VO8+B<J=;C!K,6W/!89<'[<`L:P8YW#97_#10B]
M$Q5Z?-_1X#TXP'8][K-H7$L!D9/CJ*2+M<9@W@Z6:T;C/*7)>0TPX^TQYC3.
MN[GPW4.3\QEO?),*X\.R[J?-F%3.VR7S^"8]]KW2.9<$4[YSN*R;"_)=C<"Z
M4G2-6!>?\AU?6;"NW64MK5IV(85K9N-[D"SGU9B,&R(SSO.QOE:^$)V8>"(^
MOL-[[>K$Q+C]'-\Y",[;!7#-%HQ-%=&HY_CE6E6D+`9?<'-8QD8C8YO'%)4<
M/%5R,#;*&-,*]Q--^(X,\%UC*SHT<R.4&:."\]:GO#<K91X-;=F=);[K=M_Y
M#O_R;6`PEBQ\^P6,LT!\]UD0OCPWJ.#;E_^3:P'%M^XIH6=5J[I,,6]QUJY6
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MP5FP$=CF973.&^R/.LA:*Y:SD6XLI&J.]*39=&8WW^$[U,DGI9P[_5`O2R3=
MF*NU8FPD_)"RP$O,X@>=>0>U\$$ETY`40](,57O35%?1D]^<*K9F2\[2,MW%
M$B]FX[](!G(<S5A(RL)":(4,!Y9_0Q9\IN+_O"F.]H;PFK9CN=[?-0,OPCI0
M-#.MM6DI#NMU;;2`75\P7O:%=6\?YC7$,82R%B>Z^4XHP*-+QO:HY)B8`@W'
M4F8.)F%]`R0J*2N@9%M2723-+7/%OH(AQBF,-?6[YBPQO$R,XO@Q\#EM=[9,
M\NC[$AG2#%F.`EQF:8N%QXKHC6#2G,U<ZT**"P73P"!"/]#,=?!>['=E;4NN
M@5EW-X>?X==H^,W.9JW-"(@!X/#&E>L0L>')%-5\-Q:6HB)I;9EO&NON$*8!
MTDAQI`4RD$7V0=Z#WP?4I4PU77,(/5CH+U>S\$>VC24TG$$R+0D?;J496#Z9
M1B"3")@DA`&.#_YP?7]%OH?_D``REH+AT51IBH">%<E>HYDVU_`G@4A5`&Y%
M=6>]ZN,[H00,`2`^QD$:3$YL5V1>M@*D[B04Z`;3T@R!1L.$$5#;]XMGS%,6
M4FS7VF`-JDJFPSK&8TE+C&Q,XJ#C5,G&_&IICH:?Q!N9*?:2R`/X-$&L^`O_
MI:S6G_XV[LJC3YC/UZ8-7\%?CA\,KZ%A\1#_<W*1,WQN('!0YOKF0GKV)`\V
MK!U@/6`)Y4W1=&6JAXLOL?$%Q&-*:PRW.7X'8S,7K75E!J*)YM`X.Q,907U%
M17/%9>Q".O:%=,5:7YISQ@O>8@I>33%F>C+?0?5N1^ZS73')SJJF2H;I$$+U
M>"A&T9AL8_9KDANDJ>M(F%6`$W,]AW'Y'VQ/)'<9HQ!_5<<:D;7!>Z7K<'KV
MAG]#X`D24C-FN@LF`UAT6$0%DKG;^?1(+`Y=\XR6F-3NRI^PV4)1&1AE>"%E
MH8!G)2FSF>7BWS4@-H0_P"^,46%\7::G8TXEA$7:*^YZ=8H[QN'4,H0GWZ)C
MV"E+%C^"Y`0;B_A_9YS#H<N8C.,RU!=\M`2]31=WD1@]8ZYZAW6I"N:^106*
MA_A%BB$I*O:-H34FZV:6C+';E2O`;IH1H-@V<A)H,(VX'(_Y<Q!K-6Q3UU3B
M%$X573%F2+*7"/FN2*NU:8G.`^N@Y5))^/0DY*=(<T6SI#=%=U$9GL-D7!*%
M^\I]KS(':1!3:0=DWIWV`ZGG*\4!`&WBD%HB;,PHL>C#^=RTSFU%1V<2=OLC
M"!9FJ`N),!1;F+69/4LU=FM@J'Y9KF.#^8DQ1/9P9Z/#[$)3L]T@<$,SY%5<
M(AGX?RBH/'AVUVO3<J0KPT`_I(\QYKUYOHHQWT_2.V97UL8OUP3#'KNL-0'7
MX//5"FMJ3B2(&`/@!30;IGMI`;4EAAWW2$$[0A+(3_)Z)0M3Y+PC9'@Y7*`7
MUO=B[=VZ.)E?#Z)N0=XPMG,_B[_3%(VGD8.<.S"[EW$FCV&0K#1#6[FKY-=M
M24<8$23K!O$^`%"R["?<AO`3VZM]9NRO8(65*)A0O5SU55>:;J0'TU23]`U@
MNH(_/9./X?_?]IEQ/ZO:6_!S[,?3*4"\TPQLT&I8,CP[&'*D3N4;%JOXOZ1*
MI=$F[LN6L3,/BYFP9#07!GY<)>(*X<UK4$:0$+!>09<=5"JI0544-O^5U59J
MWRM?4G86,)WYKA'Y$(MH*@L!!0-0Z[%4\+NGH$=\Z:V2L@_/'<.$&Y/<9^!Q
MK3UDP=<,_'XH//.*)C76LS^4V<RT5.+^>*[MC$``3K1P->\/<[]VR9S/;1\$
M&.HQ'$0(T!7:P8R5;%Y(]P;4A:C2S>VSQ[B:_X%7,*98B"@YVYW^$]L`L-+.
MZK$+Z8_[S_$7>0%/LFHB7NRO&0$5X`ET@U'&V"+:N5>N55>B8-F(4'P8MAY)
MV($+;6\%HN^#:#XIJ"4HCKO[C$E96!^MLSY$M$90[)8IZIC8--JR$'9Y1I&`
M8\T[1%R>2<H<],%LAWSE.O8P+BEO>59&G$DNJ6+B#-#D.<R<1\:"&#]QEQ!$
M_/;4A[%+#7_&LD:%W$#$2F54)Y:587S'YLD^<#T@57-7YU#A#S8D8@$SH;*$
MRF*ALN*&^"%-TQ#=P'C5$A1-?U!2L19KNHKT5K\W*A&^>X3GP4HZS\7(\T#D
MPWNQF=C#7Q)N:4(",S[VFV)IY'Y*6*R&MT1ME7.-*D]X5*EL]\1!.4'#U3T)
MMIIPT99<CV(<L`$>\CG:+J((=P2GIIM8[)'\-8$:23=G)!Q^)DW1W+10NO:$
MYX+4H,EW2\>M^/.9)$)B3%>\S)]4<@B1^R^<FA:FVG."H;6-+H,?XOS>[22X
MV;&"AWUNGUR,!LEOJ(!R&_/'+__=_6_),M^]G^7_#IY\UU1G>2D/04[X6_!$
MB9]+(J)KZR_^,Y]BDFD&BM?Z%!W"M"ZO=67VYZ<5WGO\)46$T9@DT\CO\=27
M][J_=<@__@ONC4#IT/+\9T>-`2@!")"?VP)W[Z$FB2/M67E$]IX39-Y#F=8?
MR'FW3I[(M#93J(0$V=]'D(-.!00YZ%1'D#'[]<I3211=VNZZDJU\E'^B>2+V
M<D$)55%"W"]I`CG\[%BYE$^*!/3Q@-59&AKAXQ0<'J:S'))2'O3+W$FP?(V2
M=9^J'XR/443^4Q5QR%?3N[S%A^:6.[WCZ263]/%?D)EB2MM)3FNFM'WDX.9>
MI\R-]#JU<+*@/T%_!^B/@2HN6\$*M5FMVKPBI79\*<VR11%#`9.)#GI'^?&]
M;>XIE0[N%(WNSBJH0%!!(05232`Q@Z*H,HP8\]7OHU+EVI@KCZHJ.612K6I[
M=!W;40RHIB\`?*8FZ)997EIHBI*%I0+ZVL^"/9,LV!<_"U8CS//(XY)14:W\
M_H-<@!?$+HA=$/M^:V6KR"&?K5*Q[4$RQCMBGI**H'4T*111H$N&NH#"@M@=
MJ90DL\AEUIC+/.3L9*"H`JY.@S!*XEBYMLY3Y%5@M%R,YA/NS8MD,E03P1W9
M8/H!:3#N^-<G3T<Y,(0871N;0_-80(.Y5`_#G4_.^BG%]$V6A`R!D[BLQ`6,
M&DWXV^(\`^'WBM;,[-SY.1\(Y8_H=UR"X`):@OQ9[?QCM]]/*<D2]E(!>^G4
M#*2FV##]LTZ?KK07XOR4;9BFR%EA9K35S&@*A7[L"CN`E1U`=YMJ!3US90W(
M9_T!W8U%2%UA#=0O:\=T^S%!F,(<X(E$/W;[8V$0E&80G"._O48[2)LKRZ#?
M&_$!=?[$+]T4A0M`M4KRTCWF!'$*XN2$.#_*$V$5L`'EC6M9R)AM?(/@C_O/
M[:!GKFR!B2AZR!`B:`]Q<B5L1=(@5Y1`4"E_5"KL@<QPO-)UR02AVPX:YLH,
M$`%9D2EHGG!M,UV*1`$G%/JQ*PH(65L`[;%DN;("NGT1#1#1`%X%K3`%1#2@
MX50J;($C;`$>*P5*;@B1UX`HL)UZ:Q3IZ6M"IL?L#<UX0[93;Q\LKJD_WA&T
M).H7!HT@?D'\/-M)L^9U('HA`Y8,TSB/]2%2HT%C'!)\AH;+:;2HFNY41ZG$
MV&OJ#>:XS54R6.HUSP9GXQX]GZ[)6DKP$4=\E+.?>\E\5)ZN.[$B*\%#@H>J
M3[,->J,">;9B3;9Y,1M?PW_X$"@[F#))4!'Y%6:RW#99IIV(EI<MHI-T><F(
M3D0C34$GY;7GW#LI0A[L&U/0/R)]%#Q41).-=FES^2?I7+HW)&4VPWL@G<%A
M1#F9,@V?N089]+QP->^/<].*3YJ.]6DF@Z&#_LW*#/^9I#_/R%+I@Z;WC;-&
M]-CWQ-LTF'@-5[`T8W]*BJ^A41&=[!L`.NCG[C3K/5(&C4@23`X'/&WCS4(Z
M"9@M3=N!F>^.A?%^04_U3,?&SV06=/A;^KSH+"/AO>QG?4/AKUH^59RN62ZT
MHB<Q'!*9G2N:);U!H_Q]LB(F(KS*H#-)F6/9D#K`GC$T\;9H/['0DGTZ&5ML
MB_Y0<-98>E=LUD=G34K!T<\`3>]+;;9DCJQR-DR`:Z&U:8%\!8VL&5)`\]U.
MLAH^^%AFS=MX'[M8#DM[$ML@\C^AW>T+Z3.MN^T2&(6.B#."/;+0/N#3][]C
M&#@29K3.#&=19U&!':$`3TH!LEWP&'7*=@=45:30T&F2!URHF6(OP4T`T]K"
M.%MCXQKDQ2:.KQ(.)7=+4KY-L#LN6&-T&N@28G0<T.8[[A#%M`H0QJX'&'/J
MSBM,A9:-'V9M(1N"1*KD&EC6Q`_V)3H^D'A"8[XIE@8>HZ0%;:SP(A2DN+"`
M&!-31?:4S*5!M47Z=$T:97PQ/D6K3+F7)<3X=-U\AS`>B=`$_&H7]\L),F,B
M#K1:%-0C?TV/%)Y)4S0W,16EV0OD.5"3\#-(C:0&/8/!<L(^9;=BRD2^D,)W
MA/$\0O)?&,4Q=65MH\O@AS@7=)/1S&R9Y/VA6\:)B92K&IG&?5*7-4[R+I`8
M9WAJ&!7C#`5&2\B7'B[Z*;G0OWB94(Z9O_=&8!1S55HN]$!$D/ORLO*@X%6/
M;!9"T4QN#H*,11*N/!.=HDO;75>RE8]R2EUA[.6"$JJBA'@4I@GDP*#$(WOE
M;ME7OTO:24O]CBS+%[ZXDX.JOYH0SE!T/K1_8.@>17.9)%A>2[JTG91VP:'J
MTD=6&^').Q/T)^B/UXK-0T$_H7H;HGJO5I`[X$OQEBW.&`JI3!&;WE%$UBM>
MX)Z##NX4C9/6QH(*^*4"/@.:5=QZ/"YF<!_=S>"#N7CK$E.T01AOZO31=6Q'
M,=2T@KWJY-$^=Z*TL!R#GDLY`'WM5T0\DXJ(+WY%1(TPSZ,#2D9%M3KC#RAX
M$<0NB%T0^P$+Z22:@WTU'2G6%DRQP^NML8NH*<50;7#NN<WCBNH/4<\C,%IJ
M/8_HD+U5TV.[%M8/,_PO#33&7'%UQYNF>4+*@2'$\C=YY*438[=W-AG0=WZ;
M+`H90N=$9W351?G-F:?09J*_/?4!8(+\%U"-=B;WNF+`&%N3Z=1LI*:8,?VS
M27_`!]SY$^@G:L4T1=(*0Z.MAD93*/3C0-@!K.P`OY.#I3A(6`,U60/R67\B
MK`%A#?`H:_M#/H#.'V$*<X`3$OTH#X5!4)Y!P.7<T998!OV)$+\[0$/WK.("
M4*V2O*<U$DT0YTD1YT=Y(JP"-J"\<2T+&;.-;Q#\<?^Y'?3,E2TP$=(V0XB@
M/<3)E;`528-<40)!I369!&D];81)<`0HKW1=,D'NMH.,N;($>B(H()(%/,I7
M806(7`'?%/I1%JD"UA9`>XQ9KJR`[KC#!]3Y$[<B(%"[H!6F@`@(-)Q*A2UP
MA"W`8[%`R6TA*NQ!5&^9HLP'4OF3Z?1,+"X`Q1OUQ_N9ED3]PJ`1Q"^(GV<[
M:=:\/D0O9.2>81KGL6Y$:C0*DD."S]`N.HT65=.=ZBB5&'M-O<8<M[E*!DN]
M62'YK">?5F9(\!%'?)2S&WW)?%2>KAN<UE4LP4."A^KHUM'KCX[/M"6QU4RK
M\37\AP]YLH,GD_0445]A'LMMDF7:B>A[V2(Z21>7C.A$=-,4=%+3S%UYL$>+
M#?I'9(^"AXIHLM%.9?Z3="[=&Y(RF^$]D/;@[YJSE)PE(I^YA@--F1>NYOUQ
M;EJQ\$B\6;.D&&K8Q%F9X3^3[.<966KJMQZW2>MQW6\]+IES\M<;<X7!M?DO
M9;7^]+=Q5QY]LJ4@V;3K;9J-_P*7L#1C?T:*KXE7$9WLFX`ZZ.=N-^L]4@:-
M2)(TW1`\;>/-0CJ)ERU-V\$G,QP+X_V"'FN:CHV?'07S</B;JKT%/\=^7`=G
MV`;&2K$PI0'K7WK)3_\#SVHFHD['I'&>'JP\TA;TWP$;N(S`_4(=^,CEO>66
M;)>C^\P76H[&;J'EYFR7,^GAGX768[R<^:[1\Q8*K;A@C`]ZAENAY0B'\TQ_
M:[;+T5<F>.)=.IM1;'>,:9DQ[3$^+=^,QEII,#XM8T)FK#48+\?XL#/&I,(8
MM2;7N&!\6-K3X(E2&&L?C>UR;XQ-"Z[E,6O8\6U%,3XM8[N"L2'`F%(8,ZW+
M=KF5,!FYX3+&FM80%FT1JXQOW'+-%Y`3YUM],U:WJL2W#FH5,H1*.UF5QK?S
M:*[Y]O?XE@)IHXI/F#-8)T:XICQAB198;X,42T)&VL5,GI!RBV:0T[>DGGS&
M]4:['9F>0EEHQ90YUNOPI_2\-\F-!R^,$O^ZLK;19?!#/`G>3:;_\Y<ZR(->
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MA8/FX^#(%A9,#8K$RGFO#5=^"W@WP'-=`^[+'B4>==(,%WN#]<LYZG@\+E6J
M"5E5EQ?!$GA/.^0/W``CK0(E&SF.CCPKDG^I5-[MQ8!;>>+QCWVY5U:C;.ZX
MO-`,[%8R-P1):;MBKAF*,=,4/7GETY'FBF9);XKN(L+^<]/"A&)(Z,=LJ1B+
M(BZ*8/-B;#X:MX3+BXVP$TQ>F,GS@EPP.DM<[N_=>SIL?M18JE9R=Y,C!"WC
MW;T-Z03OMH]WA?E]&IR]MUNK8.SV,?:I!<U*3NH=P?X%=E2[N/C8*VU\+6<2
M@W1</TEI43\SGD0[WMH2<26WY"U7@/0F63-WHN]:-=<\V"['^?4BT7>-JRM+
MHN\:3[PK^J[Q0WCMNALH^JX5Z/`A^JYQ<UC1=^WXY43?M0*PX]N*$GW7N&%:
MT7>-'TKA6].*OFN%K#*^<<LU7XB^:YP=MU7($"KM9%4:W\ZCZ+M69#G1=XTC
M1A-]U_BQ1$7?-;;+=3MRC^V*HN]:#8U$1-^U2MOQ)%^9K5U&=<0@.JX)\FTP
M^8I>:Z+7FN`.T66-&<A$ES719:T4,5%ZB[7J,"7ZJZU/I&>1Z*_&[SV0QE[K
MZ!Q_T"R7-#HE'E0^&W5;<N&[<;**)PET:E=%2[SZV=E^0=T\_E$^&_0'+;G+
M*?JKB08/[63S86OT.,7AHL%:Y5S>H@9KW'&Z/&H'IR>[*`H&%VJ\#<S=1MX6
M"EPH\#;Q>*<=3"Y:L;4HPL]#V[5.T0W5+1D&W79(!M%R3;1<XS(W5W;'M3*%
M1R]S*D\T7*OF?@?;Y3B_5R0:KG%U5TDT7..)=T7#-7X(KUV7`D7#M0*M/43#
M-6X.*QJN';^<:+A6`'9\6U&BX1HW3"L:KO%#*7QK6M%PK9!5QC=NN>8+T7"-
ML^.V"AE"I9VL2N/;>10-UXHL)QJN<<1HHN$:/Y:H:+C&=KEN1Z8+8`JM*!JN
MU=!31#1<$SUY1,,U0;ZG0+ZBX9IHN":X0S1<8P8RT7!--%P3#==$P[5V-#$2
M#=?XO072FDL='-W1D,_&_9:T;VB<K.))`HF&:UG7Y^]Z]\=^9]B:=FL>U0FF
M/G6SHDT,W)(>+%]-XUP32IJ7CBR"V^OJC]H297V(WT47ILIY7G1A$GQ?@9$N
M>B(+U=Y*%A^UN.^Y4.="G;>(UP<MZ7\NNB(+1=XZYO[8;8D>%WV1A0IO+Y?W
M6\+EHC&R2)F=%NMV6]*X6'"N,+S;Q-=R2W+A(5\+D[OU)G?)A?2M&FC0&L==
M3#00$PVX+'XO`IFZI8=\UN\7FVGP]Y]=^WRA*.O+Z#97[.;=E:'Z]_&N9OA/
MFJ,A^U:S9UBK8<_R!4/B6C=G?_[Z[_\F27\/5OJB*5--)]^]PYKM#U!LT4-?
M3>RRSES+@DM^,[QMO,@3FO_RX>KY]?'N]1;->O)KMR/W7S\;CN9L7N&\8[D_
M&`]>5U/MU5\)J5=.N/I7TX%+:A@-\4^O?F@V>22^@PS//9!F(*_^<5[#SZ\W
MX8^_:\A2K-ER\P6](9V\B/KZO;%V'9M\H>LM^0%[XC-MI>CV+Q_.AQ\D3?WE
MP_WMJSR8]#Y(KJ%Y</C^?/OA5[DK]SU41QC*#E</'_CHE_AX"*,58_[.M.Z-
M-V0[!+'/IJ[N@WZ/0^@_(`4."ON_5FS-3H#]L^U@R#KH<1X^D0*D0WCH;^.A
MVPVP<`B:21[X'>GJB_F@.*Z%H?@,B$DBKFG`/Y;T>UM+_J%8&@`P2,B3DV+`
M7&]N=,6VM;GF74)]G'LP2+P@]>'--POCTMI<(P/AIS7\XR$T#R@T#P?R-KL=
M1.&6U#.-Q0NR5K=HZC06RWM9[$:QK`V6+D]H;5H.7G%ENH9S!)<-*6DWZG0I
M:9<&STBP81<+[BC;7XA_]6C<!<Y57'O%0&6H=YY;]=GWJA*HN7MZ?'C]'\7H
M^*KGY?&P(HJ![<8TB'T!?1^>'?QO\OK'^>,:\PI0LQVBBMC!L9W?&S/=Q>BY
M-SXKEH&A:[>$!T?;1'#>2\C:P@A.LF?XQ<<U'.UJL;#0`F/J5IO/$:04$7Z3
M8H#%$U!>).WMO'RL(NWU"UY?+PS`\+'GV1*IKAY7<(_S9[16H*+I:C8#7L08
M?%#^:5HW^*.%:6T>YY&2"BGP"=F:BC_`H'S`?+Q0%HB<_!#"QI30'%,F2C$H
M)S%V]:9HNJ]KGQ4=11(8"Q[+@9S'C6D[>6U(C4#D=0LP`92_/Q/^A0U^,\'6
MFBGZLSO%UK)F`Q^7@920=;4?2/7U#3[E(7Q,*"DZ[%,(R0C$2*YN/W#CKER=
MN`6/$/Y[P:SU@E98`6`*O5^M\:GA''#H8.&\"*D?EL-.9QN6DTY<%A4'RFX`
M1]_YS<*B+DKH@>##Q_9>!0HB9G"R(?H=TN`:>[!(_0KL"Z46W)#\L"-OHZF_
M#TM'03:;&9\3_KM/U*6$ZF@PRFJ)ENMR[-XTY:T6,)_+ESFYCD8Y@'+]@@#,
MH&,$09IALE_[W9BK%;)FE"R(ML:1,*"<./DH8;`/NA5*[?S(:HRI,NQ0#M^H
M5Y+@Y@Q7H&&)9+C"3HSC,1-'>*%\,'E0LD+=O21K2:;#5BQO?Q!#>)SJVL)S
MQCG"`.54R;0FW0VSK+"]P:#5#-=TMW#VS;0U@,@79-M$=[TC_0T]X&\OLYD-
M^1VLIB"&]JZRHZ40N%GAM#3\66#>8)<>HXY'NT"F?+F1/&&'NPSF:_;%Y*Z'
M_$<+HB%82P3Q$B_H5:[WUQR,4F[?)*.I5Q+\6:"^%E1_?WZQ2(1_@XW&W\PW
M9!GP'8Y03?G#&0U%1N!N+&8;HE9E.G3`B)5S(;A&BRF?[_`-66ODN(H.&,4\
M^_DO-Q%,.01N*IPQJ-2*\0X6*RWY:L*3BNZE#H^-%-^0YBRQUNLD`^=8RLQY
MV:RCM*C??>T9KHIM\<#G'YA9\$:\I9[P,L;B>H/=&G<-Q2[!"HD_3Z?;C!2D
M^JY=6S,P.)[1PLM+)7:@&#,490(/H8P*:TQ&80CJ`#QK!_KV=TGS'``_`^@C
MW7R/..0W2U&W\]BEH(/.54.Z(`\^`D[S3Z/9?T;?CY7T7&6K&MB'(GZ)F@HT
M4.G^[-`I3.5I(O@8*B>!'>J!XJ2N5($1*O!0#SGOPP6_Y$P%!T;C&NEYGTA(
MJ^J$3470\R]4$R7YA[8M4_WJSV"L"1A:<1;X:AIJ./'D`-2Z=))5KDJQ[2.S
MO2`*OA04:V`R0RD*C268*&]7[D\&1VF<R-#WI@5<([A:XOW\HORXQ?^Q'6T6
ME<Z\@"$85O46J9"*'ZC[X5<H.2YSA-RANQ"=[A&U_N%3F2KRY?ZN^P1XU046
M6H;JO^=O=^2?`R_OY[EH((]VW)8X[MVC_?<H9L',C?&>F1OR<%+%;:'@-44*
M['-,WO@_I%BV]!E&6DI[QT;N0U8*-09'/0Y?>PFUR!VB*OFF\`@C5GQ6*@$=
M.?NQ)@;?.U2G^#V;G'+@J+/V*T0NZ,)CL%I@"HS`/U_X[PG\MQK_>_M\Y+$$
MRE+X!^<)UJ#SJR-\%MJ>C,].0W_@4/&KV`O=(6:SQ>(WA7?"/]=%X5Z!XV>X
M]]LK\9R#T5%6AB`Q06)9S]GO[;U7+DA,D%C1<\IG_?&PJ+54A,I.Q8AJ@FGD
M!YB;*%,J]UAR-$#J%=YIS4)@N'?8IR")%I+$1WFRMR>6((H6$H5</+!2CZG`
MLYU0GSG@Y:"][H@_25.2EY8T[T-'^9&O3S$O`J"B-FSM\E=*;L]6JFW3W]L<
M5I"Q(.,FD'%?SN>E"S(69,PA&<MG@\FX"3;DH4:=!:OZDB6"X6.??ZR182.O
M_Y1S#R7/:V1IIHK_=J7C!TE58[&2P%T5CVG=+[?K:7-NM*Q3]A*GS--:I$O=
MQ9E0W9H*'?(6S9%E(?A*K-#8*U(W5VL++?&2I,J5F-F,.MATJ?LJU*GR;2QY
M*+AZ-#,7!EP^PL_[`&'6?Z=+7>^([7O'N^/-5=^0X:([RUR]6(IA*S-2/?X/
MS5F2T_D%Y<8BJ#E_G#\K*^1MKPB1Q:[]!8T'\8OO';1*=FRD-I"[./[9L=R9
M`[>HO/Y[T&>/U$)[5<ZD&Y]7/7^HK)FZ`A+5S!>&Y3:W^XWU/"9J&Z#IEA(R
M==MF"T012?O[JA!T9"NV_UI=PPJ3?/'0*:DK&.?=4:)_9/(DT0F_66BEN2L;
MVFTB]2MRPL:2O[D*!K"#4`CJX.J/39!!+A-&E?<V$^B$E/$;,A=8RB^AC4_L
M;DJ,`O3-+7ZM!?TY#]XBZ.WJ:.<!AQT0MIK@8M)&Z`M2;+BA8UG0A]/CUH!!
MX&_(?L*R]%W1H?\CHUL&/?G#K]\&_Q?K'YM_*[MN3SR[4QO]Y0(UO<$*K&](
M].@;$NO`%MTV/F.7(N0>L9;]3SS#^[)//M.QD#E/K_$^TJ2FZM_\U\*F+J/;
M&5]-!TG=[J44P4SR@$:;WNL\A^U0)YV4<L[T8SW1`Y:.7-];;\YV.<:[HX=W
M%5I.8KN<PW8YD_'V_DM9K3_];=SM=CZQ7=AC+?E2@BY]FM]$`N8%>1?UH5>G
MEA(X9W,8F?%A&`.=,3^9;>(GC:[*.&5<K-BNIW`MW#2N<<&8\!CS!6/,3DV7
M:U)A##UZUA=/%LZ",7)UQM!;<ZV`&(L!^KY$,5)!*M="U%BP78^QR<>WM;[D
M6]\R!AYK1F/,:8P5FL583#'6&2K?]@5CLYLQ8[".4##&Q=Y6#CQ)A-0;YH56
MO-@3F-N7?-X9%(WGQ^:NH6K&(AEN+A0WWS=9*3Z&R_OSYQ\P70OO8-?(JS_N
M/Q^*I-/9Z4$OF;E*/>76^*D,\?4;7=%6089T\ZPM##*)RW`@2VH:7M+KALRV
M^CR?HYD3_'9OP.PUZ/\#[8D*#S9+[B/,19`F[X;Z14%/R$;6V\'NDSTJXSVB
M&C%7"!=>9L>QFPVV&_)44MYO(%7.;+5_D``\4J_>D*4LT%<7-H<EQ%+!9WAT
M'=M1"(/`2,$9JQ*23OR\\32^35Z+V70\ED?RH-.+J"W71F.]@-=KR_Q!QHM^
M0Q94?N&''^?>;+WTIF[W!AGT%_NC/UI1/;XQ7OSTW?CIXZGU-7['AU\[%T/9
M[ZA;TMXCZ.PJY`#B>D*SQ$3!*_6?KM?`$Q+]5^9,\]O.>B3V#TO#V#'?C?C$
M'*^^Z47Y44KQ48]*EY\/XZQ2V>F2+)5@S\\_(+[O:O;2FR8$S8!+J5'J45GU
MJ-=IYIUMM5B&P2=I\XJ?L@R!SM<M.>QD'_6^+FV6,T_#-(=]*MO?I\=5'$1$
M/8@[IH,Y:4T._5AMC^12.F,GUHY-W]DYX(`+/%*]'WO#HGC</S6\!"Z,M\J\
MW=D7-R<G8HL%)`U&=$0GNU<,C46"NG!G7TV#+F`I:\SJ;5K;UT/XI\8?G,M#
MJF5[1HSNF'\;&_$,Q77?#7,*UKQ'O2#E8&`T-@9UC9![N)PW#QJ(C^%4F0SS
ML4YS_O&PGS)$D7*.&.,LK2@:-#E8*WZW?_Q0U`9YJ[(<V5C=6XII81,9YAM"
M*1]F*2`$"S,E?C2`22'_*`#TMG6%[?/'>6RNPR[++(&M8Q?95;_IJ9G(\4RJ
MF6A=+*^BJ0FQMO78>`*('R(.RG,^WU417PK^=A:6>\HG)H#P.?-*@LHC./V4
M29%=JF'W@5-&_LYW[")B+UF;NK!)?VB[7Y2/'S>_*9:#1<#:KP<.S(U;38<'
M2K';^U09>V*.7[$=UZ=']M7-LE,+NZ%*3RWH#:A2ZG*%=-W@9C@X^E05.15`
MH"[`-(9$R,T++`9M#!/3@W@A5<Z!T;<;;U2LHU3>3@%M:6@,K`RL^;'N!/MC
M7Q3K9#$\H*(BYV6R9CZHGP`/5Q)NXU'D#Z@P39=RTALJ.NYMV]U[LRF[_U8%
MAU/QDG(PX$&E0GD=&.ERH5PY'ZR[&WM4"*1,+MH#Y-(0^XP<1T?TN$\VB#PF
M<EX%6JG@A3PJ$:\Q&+,:[AF?:!F,!F8\W#,`\/=G$EJ"PHIO)@0;9HK^[$Y5
M[4VS^1K=.J`O^C,<J[T7Y)6.1#^&_S@?H#V@PD/C:*8H0[!R.A(]GVH\X+?4
MB48J'B4GPGQMG8-^C-3E?`[Z@`HJ3=A@FO&8[*N5:3GPCAO3SIT(V,V#Z7O_
M#7^(S9SMF=-'U@;`>V(KWFES!R'#KY%Z,?$;#&=SAWUV_Z-#&,LP$S0C'&.]
M*F(56Y'E!I.0KTWS3\^`4GYH*W>5%_8%H45!Y\4$`&YVPBI>KS;LI-2K#?S&
M%)E/G$7X_&9A\DD2TS$"YO!8;&_Z[(-IJIMD2M#_2/:_4*R,)1EGSSP%?DB%
M*PZ*D1R`J]0X.P(30+D9AH?G882KJ?TPM5-\Z(.8H.(58[I.BZ4=%JDP;\^D
M?H;>=EA\K6*W<*LBV[3L4L;"#GOECX6=[&V^/.GE;8I,GLC6=#E_P^7L#9U[
M^1?O95]=[%Q/#L$;[)MRVQLG7YII?!MYJ$BKFEP#1TG%FQ3)$0DJ\U2)"$7Z
M\D^VON;C[;:L@KG$SMO(7(%-(1&C0GK7G*7I.I*SI&\\9F0MH;1JI\[F[CP'
M7S$86\(-'WKW_B1S+H6FK&"_O42<#845SL[U[^1)GALG>7X<D:>'A*F`8S8X
M9M!+54FG?7.E1QT&3>D9"C)_/Q6A[Z-F2'@U'=SR?&.PCIX#F8F$,W-(7RXP
MTSS+5H(79./7LG<C[]M-03U3@+!SZZ5R91*DTR2(KO$EQTLW@2H4'#E-H$/`
M9BL4!+C+!K=0K0=1!O%QB03(^<?4H,MJM.2^??IOJ0C^46[O6-]LJ\7W/J5Y
MS"3P4M7ESL%$5]?/7&K%$FREP@)Z)Q"O%;J=F@!B7B!"1D#:CFGR`M<"D^XS
MZ2).9K(-CQ9B&0:L#4N38CD'>9=()X4<T`PPI/U/AF`<Y)NU6.2H&6!>YDG_
MLTPC@!/5_L";:A>Z1D"K+,V<:_$<L^N'6PQ=JYH;\`+S0`MQI+OD3N<8Y=4\
ME;1K0FM9%7>UEUBFM6P)[TIX!486==.,[BD:/O</2UFO]_1B8]C?;7<M)G5-
M+4>]]A&EF&%/,KP8Z6A+2,/[(>P;Z4\K]&NVTDB#%>H>IIH"A(DW\=6?+U@C
M`H^M;$[I[!.[)L$(Y-SBL&[V([70NDZVD1UG:2-WF6/K,`N3$O>G&.\6&^BY
M^[QT%Z$<]R93=ID\H%_UKME_IC8<S-AM>%]=_>'9M6'+[JCUV"$BH.XW=?M4
M^[OL1_-`XMTGNHR^_-7T!-O5"JYJ%;M7$.L8>;T)6I,#CR3G`)..']L/;+'7
MYQ]DJ*L>O[!PO<&8=M?0XC*\HQ__\^$+#*6@B;K4A-%S`,REXN(8T$VG%4!J
M1/6:D6$(KT_198-L[_CE#.0;GADKA7=ES8!@KY0J@$Y=;!J-F@+R[>_.%5=W
M`/@,A$4U%$_=91H-H@Y:F<`/6C]5M.,OWR(;>X1P4>'*_AVI"]*=,K!DCK[(
M'P#D6M'AL,]+A)POIM^]/4/GWG"!Z#O1KD!3T:/-_4[(*:CUCQ6<--A"V/+8
M--00"(>000\I&2;NAA<#<ZG<LA>4VPVEB7CZC&&AJM35?);PI)S#_F28B[8#
M(R:*!W@5(V$3L!?E!QPHV=^DE)MVHT'Y-^T.!.7'HXM1[EA/\%"VB&TW;7F\
MX`*+2D/U7_&W._+/@1A3-^M+,>AWG.NH%X?+%2@7/^[$#*X4#+RMEU_CM0VB
M4FM6_@\IEBU]QI)#E?8."=N#J!3B#XYZ%+;V\D6!S)E@TN8R:>*EF$=RIH49
M<.U19PIV6A$WIT[/*Z6F7N"Y9CSW!)Y;@><N(TU<DL+=?K`2G9NIPK@K]YBJ
MQ6"Y4C*S=TB%_I:21EPGR2'#X%9K,E!!(;?:\(L4QW5,:R-!JK5XFIX[GLZ7
MZ6?!B3O1@1?O[$V6"Q`+$)\>B'<*ZZK=.*%5F!#`O3&#-I!(^F@AU9U!`.XG
MK&)`O>"E+&2[.KD\/;?,U65C>#$7TFD&:\"Q?,'!R$(5!Q82KCVQ*H;B\T7Y
M<8Y^H-7:P4+32]$T44C6;89\[%P,?FJ.J<<3Y.0+64#N2)H;Y8.<T`Q",V2_
M]Z18?V*O[WR%_XL<R32D=\6"\DQ;,.M18FXHQ-Q1'O[%6,!-J`>A'OA2#S=+
MQ5@@B+2\*;I+"I\D1=?-=ZC)$_QZC(;H"1_B6-!UA78]$G2#O)`36D)HB2.T
MA(O5@N4H7F1>6OMW+(4O<0S/3D3(Y#C(=84O<:POD9/BA)806B(S>9&K3;&Z
MH#/)0*0MY]PO&9J2L=XB,W$$;#L7`R'RCE(5#2K=X0AN6%,(12$413G$]>@Z
MY^;\?(TLS50E)>PH(1CU&$85`D[`K4(?HG<Q%CZ$4`UEW2XP+8PNO^Y3\*<H
M8:H4<CDEFX!<6!71%3I!Z(2R.NXJMF9+JC:?(PL9,Y*'F/MZPG:GMJ9JBK41
MC"N,X*K@)LL7?0&X"@A.Z`FA)[*'E:#C8V.XLD!?@/JY>-(<Z==@.&./I$GU
M4,V&=$,]F!K4TNSD;A^'_0!)59-H6E&!_=PM)-<R'*`EH.Q-&JB,FP7B;MYZ
MLWITPZY1*"S:GR8;J=ZB.;(LI/JM@,)5_(D`UUZ93[&6J;NZP5(C"_K4K)!L
MVTL>*>RO^X`4:+X-Z>A_:,[RNV%.;62]`33NC;7KV$DP/<%X``LZ/4.0B@P_
M@:D!A>87O'I=;5^C)O.)YKG?GTFA%8QD^&9"]^"9HC^[4XQOS8Z:14?3)X*3
M76_"'W_7,&"LV7+S!;TA/;%Z^!WOM.0+O4,M>JFY"G)O&RFL`5P>^I#CZ&2!
M,I%X`XU]'2!/F"8!DSUB$XE*PV#XG3\42_-@XC4+(-O72'=T7;%M;:YYC;BQ
MK(CFG.Q]>//-PJ1A;3SNFD%$]A#54(,G!F423836TDCG8!_T[I[>VU>S&;2L
MAD[@R/YB*@8PN#]3Q5C@MR&-[.5Z$_V<F!H`SSRAM8NI0K'1C;E::83NVD).
MU(`,N3.F!IFPQG89M!1.W_E-T0P8-(,UF.ZJ2+TW/BN6@;]6AF2*1A?<[AR7
M4H$N&=/3.P:TBJ\,T-%T!#:OO#?\"H?//V;D4@U\>6&`$O`&UIBKM866V$X)
MS;-'*]A,;%Y`(0*H$IW47)!PXA)_0-W!S(G1$V2;ZN/6#KP+4O=&-((N(*DB
M5O`>3DT7FD1W<"KNB8J*(/DXO\&6#GA_,`/BC\/#RL;4D!-Z3!4;E$4\'P$^
M&@,6?R(^9]#^?R[^T"%R\U:S9[H)K_WJPJ$>Y^&W8**:&4PL?'E'^AMZP+\O
MOWG%L/F&,<6!=?_U+@ZM^!02?_,;+$O[/8_Q*C]9<X!ZU.R]B,M@/-BU:?Y)
M?OL-'PKSR`NFM3M\!+P?:'),4_H6\OJIR.O6C[LT>?T$?'0+_HQEYP7U;@%'
M!/?MGO$_\"5*342#@_!9P9Q&ZHUB+^\P3K;E(MEV<O*E9F@K=W5(#E&#+O?H
MLCAL4J`88>0?))R/U*LW+)E!+'G3+G+.\2D-G%O;^Z+-MV?>I8!3^1&!L[CN
MV&&;QO$DQ]$4#Q2M-@2<'WX=7XRVD'4(!6GCL<*'02YL@W3S%3F@W(#XK+5B
MD0]([])\R$P0X#A^,CK:XL_ZHB=,';?3#/SN2S(,I[PLOY_0[E=K989WM3U,
M%&W36R%W.5B$/!?]/9^$J-O[[<=I(AY+66-$'99*$0:9H3M-)`ETEX'N26%T
M!R9SGE&_QXZ5.SSS\$ZS;.>+AHRGA^OG)P3$0CDR/`29)E1THKOM@^0!:*F<
M=R@`O5KAI3'+[1_X?8"!OYK&&EESTUI!PRB8%5@E5V6T"^*L,Y%IUKGHC(_D
M'A((M%.,B=#79(PU;,P".>'_@"ORINCE!'CE[:FE8>XP9E$\(VPT8,X.9//U
MAGA,-_BCA6EM'N<I=J@'L"WG__[S(>=_0CG_D]$VXQW&1<1NGW5MI1D^08&_
MA('Z14$^6UYA)0$-Y^/;Q(__H:%"T9SLXO`9@ETJD8?(UE3\MSU\BK>>E)B[
MH4B-)NTF[,9CH9+D"4A*SC9+4U>1Y>=:(Q%X;P`ND(HMS8I@^?WYFSO%._*,
M!11.UST$*VKLZ+G<V2:YK$=-3Y^_*#_B`3'PT`K$?Y*[IYQ4>5>6/&47.[?K
ML1C^P1.Z-XIE;;#L?U<LU;[2R71D$,&^A'\AHX'8G(=*^W<IQ5MDGVE2_>@A
M]1%WF,8]IDX[.9?>F^IL+`)*S3T@^MFQW)D#,4V?IC')$;7IL2Y4/&2D<=J3
M[*3DS#QP1,+3WU":47@L&Q^`&3F=[;\V$E*'CD<EF,_E43<N\)(GV9H6C'0=
M8^DWS-:6HF,07ZGXO9KM6(1V#I\^>QZF0123EF3=II=LD(OHZ1LVM#1W94-&
MAHA+VAL,]Q<,;[?)"4A@/V;ZL54IOR%S82GK)138)"=@!V#3-[?XM198IX?F
M6&-S96\FC!T0DF2<DOL"'SJL[&(SV'K4D:G!UNN@*&Z[#"XVRQJ:I:[#3[SZ
M\,L^^0R3$#I/GY9[9&T?^34^Q]!_+6SJ,AJJ#>"1Y,FEA.U:=^5"F8XJ>=HY
M`4S)@Z9$5P:N\X"@0YU_4LKITP_[0NW^R.6]Y99LEZ/+L`LM1Z.JT')SMLN9
M;)?3=:ZW]\YV.8WM<@;;Y19<TS'==ZG0<LJ4,2&W2::LV2Y'7X?D"79T@Q>>
M=L=8!C#F,L:PXUNDM,JL\$K8;#+]<HD=3*[5^(JQ^#,-4GAOSJ6KQYO[5AEL
MC&6UX&AN8+<AM3S(4)'*]3ZQKT]B&%)//N-ZHQ".8+OB&?L=]ECO4#%4]KOL
MLETQ939S&`WY.18<BOU(KBT&+XQN0NK*VD:7P0_QB$DW>AUYGN[6LO=.?/H%
M6#;W7$<7N1?W'LG6C:4W.6*N=/A4/2?(U"U@W*,.!OEV9!VX&MLK?NUWDA89
M3+L&'!78TC3.'3R[VZ_-!,YN=EJLYUS;UZJSG"I'BR6&DF%OTX[.%B2$B!(B
M:H^(&I/=9Q)2$EQBL:6/4+V![)^$I!*2JHBDFASJ>R<D%7^DUPQ)91K2U=US
M(0&5B:>X$5&E0C/HFWX#)6?&+%<WW+K@6JV(S+)Z,X1DMOYK_:&WK0)=^3*(
MP^`M%9'YO2'AQ?2\(R?KE<,%,,"AW(X*C\_P4KEF]M0LP,O&0Z4"_\52#%LG
M=6B-P4-1>72$@B@7!Z:CT-4)7.BDPQVK>5!*^?H`5J2.]LPAT*'Z\DSZ'\5P
M%6LCR6=2:@2]-I]F='$T<#,T6=S>"$/0_D<N&`X*$%&6<PY*)**/\K!7+"QS
M!*8$R91++^41BZ"5RFEE6.XQAR6>\Z,\&N8BF.H,$JI!KX@DUAI)K%1N#*A^
MR$>IX;HE7XD`.@(ZO.R]W.6'QZQ/R5@N1*"H2SDD`!FJPN`Z=?S"EN9=V/JH
MF[;]DS1%,$1.LM`LT6"BWL!B$\4R0ZS)O2%W]B['4I\AY+LM`CP;G<*2[(>Y
M@D@5JBQ1J52ETKI:D48Z,9V$5&ENF2MR&X(WQ53NO*\C%%G)&RI3\8TZW(E?
MCM!;`6[+0NRYP&NV0%M)^RE3;>=C6I'\&QXQC+#<E!ZT(5M[3<+-0PXCI^JW
M]#C\J6;BNAW^7!XN<-K(5!F'_BL'R&QP+JO;X]0GWCZS<(E%(DLDLD0BJY*@
M(Q<24/@7N4L&XZT5>"X:+.>:0+MB>7VZ\T/=4HT?[#8XE)?2T4/@]41">8-<
M[F-UJK8OG`W.G0T.O/SJPW"<R+VVQ,D$N"N/9'$A_2MWM)HH_T718!-#8$QO
M/73'_%V3X3C&QC)*WQZX<U<UB.F>U]L^0G&)PL%2HA:B<)`2`C)_NH\C!#<X
MWOAQ(#![NA''C[)0WO[:C4WOB?+!AL4MV?9FF'`KG]L2&&6)SQ:WVN`H[LJ4
M0_M=3E6LJ"'D/:V7DPR*15"S-;8KDH1C?8;2870,@+C9?<GKTY'(+"_@-<4E
M/(TBA83%:I)$<(_OX-XD7XR@72&@1@?W9''A^X1C>^-BL;T,VS].V_9$6HYW
MQX,#GU_4$YYXV$R`F^=ZPM*DOVA`*&H)>:JHXK"64)9'W-GE[:@D_-@=\>?K
MMJ>8<%*HEY%06:>@LD0585L#C:=UM56$&:.[Z`*O)QMES&>JGJC*;FQ&CPR/
M$V6#C0A/,M6TW"9^VA+]9.JTBJI!'J*K3!.S?*I5T0FD(9F[VIOQ,/!',^RG
M4`[OI*%?/N@%W,MPYPYO1V3UFNMO[:R@+!8BJ=7%2B-VU72G.DJE]EY!@X\A
M-DH>^%PV8,KT$'O<QNPX`#PW%,D55,KS;YL]@+HEU)C;VRX9+J6.!9!Y\,Y_
M=A0,K/`W57L+?H[]N`[VLFTNZ)J!SM.MMY_7!Y]>*=8"[Q;C\Q*`Y/_J(>QR
MLMZ[_)&(\-\!KR?O]"/8%":.7-Y;;LEV.<1V.8GM<G.VRYELE]-UKK?WSG8Y
MC>UR!MOE%ES3L<-V.67*F)#;)%/6;)>SN(8=727+T^X8RP#&7,88=GR+E%:9
M%2IR%$VW)7,N.<N4TO(]U7P\'8-OZXBQ8!3LPPWL-DBQ;`D9*E*YWF<\A,WU
M1E/#ZX56/&._0[KVM>`.%4-EOTNZTW*A%2_I,$H8>M@1SR`QC^"%40Q%5]8V
MN@Q^B(<GNM'KR//;F:M)RFWD3/DEN3\Z(K\4/E4D'C(FH2WR^[MWBJFIJ]Y&
M5#0S+:)H+UTL0RP(Q*0&L>X-";]&K_VR5PCL\3Y@C_O'M)L)'BL!V/ON+CRQ
MO[O`N'N//!GGIESR2.[,<&]O8GAP1-'-($?)C=SOYJ?7X"$.RAOH%':F+DLY
MRF+ZXZ->$3R6Z1UC"LM97C'.@>?RWU`%G)K>$^P48%2=9)3E;?(3TI&MM5"@
M#HM#Z^+_B&/X&1Q#::_SU0KNZ6Y385OL]EL_O*9,3=<AAJ5T8Z[6IH$Q6<R2
M+TX+F1`P&#"H%&#(QOY^*N+BO,5^OHURU"T&!C90-HR.N,+GJ%)L'G%KN31D
MLN#.85Z"*QN=P^+=!O)AM-@\L5(T:JD5Y=L:N-P8R7R.9@XV8;Y@!2?=.V@E
MF09)%-V8!CF2`G_]]W][=O`/*U!JD$EZ7"/K<&>BO>9V9X_!T-MG,`R.L</#
MIPK!=9U>@/;=L!#>R+\PH!:*9MC>/5UD_P2PO+I[EFPT<RW-T9"=$F,]&&XH
M33X=$Y@H;3-\AC#J4O0<P[Z:L$A-2KG%<$^HMGQG+<^ME`]UIVU(4(:=LGF*
MJYJ@;R#6,[:B(U#-D:ZI-8]T(&Z>I62<@8>_`X:Y2NE3PJ@9=D^S-KOM2Q_E
M?(WQ:'5Y&+W%XOT9($2]0.`WP&^7NQ$.5=^".57,?NP7NSS%7X"8'7!@="+M
M/\TU0S%FFJ)+^"^.Y7H^J.)(<T6SI#=%=]&__YL$_T"-#;3/Q>>0T(_94C$6
MB"ZZ87.%FHG9P9"N]IZ3>YOF:F5:CO8O$E$@M@R_-DR!T,\Q-D]V[Z2D'?$D
M#2LR8\H%:`''OY$H+CBQFJ_V)&SO+I\">N5.08N&*8*YLV<TXPW9#M@L00]'
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MBYJD>G(N>>6P826LX6C.AA_'1*1X2G`]B]91,E8"(L?#'L>#0BQ\TF.[3P"[
MY_P(:.XB1ZSOA+#+",UX[W"T`ZK>H/&45N"F17H_K)&EF72_8TYL!@ZF&7%V
M-94;P+3QUBLWP.?M0BTW@"DWD3?D1TYR-O2-LVO`W,!%I"&;E89,'^WW]Y]=
M^WRA*.M+:/AHH24R;.T->:7%7TT'O>!37^OF[,]?P1C]>_#M6S1'EH74;YCZ
M9INKV5^N9FM@?]V8MA._"?OYQQHOB;"5:0``G]#\EP]W3X\/K_^C&!WY%5H7
MOKX\OMZB6<__[3.)];S"D<=R?S`>O*I(>_V"%HKN_>GJAV:_^AMYC7?X\O[\
M^<=,=U7-6/RA6!J<^1YNFR/;(7_6D/W'_><'TNGT@Z2BF;92=/N7#^?##Y*F
M_O+A_O95'G6Z'R37T+S=?G^^_?!KO^\A(8)77@@DX8<!;"'%1OC<Y+_WQG<#
M*9:!U[/02G-7=B&(K:;:ZXVN:*LO&`*:'@`-/OZ":>;*4+\HZ`G9R'I#]B%@
M]+:!<2Y3T#A\GN3Y/^._8139WY#UO%0L=*W8VFS/D7N)(_?H(\>WWXWOOI_<
M??#"#[_*%[UH_ZG[26[Y'\2!0NK5&[*4!?KJ`M0>Y[>:[N)/R5/VH^O8#G;7
M\%)%\!<_3"=^F$'L,#9Y(S['I#.>C(?=472:G%M-GO-*_:?KW?:S7\PK525$
MK>C?%$V]-VZ4M8;=KA?EQV?2=._.,E<!P)`*,@33NA?$973^)"T.MVFQNTV)
MC+:?A,DC=BBM%`D9-<W[W=0!E+]A-Q\X[-%X#J__7UE8,AB+6_RKL?A&O%*\
M@7+@,]J&S[BW#:`2SN(!"TN7_(NG+!A_WS\T9TG6?%DJQ@M:K4U+L3;WJ[6B
M68#C+R2>LA^<N61'$ISC;7`.`VC6>MALQ.FGI&_\C/0+)*25&1`WEO\O47IZ
MS^ZPL?$X+XU8)Y1BZ8ZR4BO#PR6AF68'E0D%N4/1V&BX#84]F]H2WIA"'/L.
M$\P?$$"\U>P9-A)="RM[J$S8UDM7SZ^/=WMYX]6[_/UZ']X!#RV)&],""G70
MXQ1;Q03:GBD1&F>[++#KS4TB:/<X3['L4A_>?+,P$*W--:F4GVGXQP/FBRQ3
M(G%"Z8R#4*L'RI&1NUHA"V+%#]BN7&"5?HW=#:S)0]&Q!?AP:]>;\,??-6P,
M6+/EY@MZ0WIB_?`[]\8:FP7D"[VM)1^4?YK6RV:-+8?Y+9HZF,T^8YO7V<24
M0WS-C#OE@D0H<Y]2FGDI)+"[\4FJ(Y,'I&)+^P59*_#<#MGU,F77=SO4N3.>
M@X/#_T.QL-1WV#-"=VO)Y]D2J:Z.'N?AMQ_GSVBM@"B\FLW(O*[K#>&7&_S1
MPK0VC_,=NR;J+0:O0SCK;^-L0`FSHU`6?O,!>V_X:[!1,$>^&^84O$2/RP`F
M>`'3F.$7$+8,EP.'R29<0I;9A]LTA[6(EBE!V'$AE084K@?;N&:-MB11@.UD
M>T;GH_'YAX._[VKV$E[BZ8!R#"+*QZ.DTL&-;0=;?$04CT7MWC7E>77E#ATE
M26R$"@EALPY.!5[I#=ZC9KCX9%&;^FMRQ=_[W@M<"\1'MQ33PBX&^`D.6ME?
M,9+QDY:IZ_C1X'U%G*.0K)^V,JV/+@8VEG?NRM4A^K;+4D_PQK&+;,O@H)&_
M9X)$PVH2+XNMBZWER"N+I$S@'1QB1<H/E,<I$;"RT)=&)Q#"\*C(DRB%>%'@
M&..8]D9WX)@"?13^>,+*Q'#!1(['I?_`FJ,4H=.E?$>Y(\<C%+OW4Y_Z;Z;[
MPX-%T*5<64HSEFL0,%S]6=&+,<4>DY$(&/(6CTY*HX[=F*(\2KE$3!%8EH8I
M$DR;(\O&U&MZIR\!;Q&OZR#,+4^*@RT7V?UM87/*,2^3>%+0VQA2JI*C*<^[
MVZ?L^X:BY9N+X:38>^5Q=C^A"F10KO&H3-<XA$]I&`AL5&Q@ZJX*UNLN(QF^
M50A-W)I:N[%-!03.J?J#VG!1FX%4'--U*-K=2*;B)V5R=$46$_%\#^JYHIC\
M_DQ<9:CJ@6(D!YLH^K,[536OK50=R*3C)1TJ3ETRP'=@UTOD^*]4'[=6NR%W
M*Z!X*8@C!-+@Y#B1+Y.7"KY0L9?"&"S/?"+5!-L5<*>II+FBFEY*^*M$*S`5
MS?7%T;K<IM%V(XP*8-&E+GQ&L.SD\F%9[5'1SBHA3@6BNKT.,R[9"Y6:`9_&
M'E4"G@KB##H]9C90!8#?\8:RW!*04>EJ(5;+PIU"(P7U4;T%G68Y1"545$GN
ME"42DR@LE4@:%U#J40&E\L!?:C0I0C)R'-V?=5].EJ6%W$K?/I!+LCC3\%@[
MRW(5D.]1`:/*6!8RZXG:O\#M>C1NT=JT-?(N(%'3Q2]80'F":6VN7&=I>E_,
M:3'N!D)*H"6>_R^VR^BT=#;B96FA<BJI>E0L()9IV;,9#@W]W<+SP=4=#:,$
M0_SF]I$2;KI+-O."9DM#^\M%X7.WFH4?PI[R##V8*M)9B<4;"ZF:<XM=W#?\
MA<.7`ONTZTW=Q*K`N(TV'`71GN#NVXM)JI"TU8UB+W,6H^X^-.6^TH?.MJ,4
M.1(#TA.$L+XA"^8D*XO<5`?XI&`<8AJN$\V<Q_E=T'[F-U>!PFFT77\5E#(3
MC?[%Q#QW9:C^4\8"'P9I9/GK3?0SW`](2';R7/3WK5>0@R9+V)4?VLI=\1%L
MZL=Q'W>DURY<(.U<R*,M,;L;B<PPONNZ;U,QOG57E4/,]U(PW^D>@?G/NK;"
MT/3V&]W#]HL)KS#4;*P6XF8IW&+7BEV>I\HIKUU;,Y!M/Z/%*BRG!#JYTRS;
M^:(A;`79FHK_=##`O%M24G[M>3>NPH^%1/H]D\T=UJ(@6F$9_X?P%G!:T7>.
M&-UAL#V#\E()W!ZNGP,0_2LU?<-#U+Q/^;K]G==^LD!VZV*_[>"7.I`VQ_R`
M)0?<.#$Q;Q^P>G>)-1`G@`,W`OCG'S/`P]I"RG9IWV%L/:VF<);?D6[.X$R\
M7$B[_WH7QQ'E:<H]ZFKL/E"SO*^8OXCO^_.+1>3A!H/X-]B2`=]A'Q:0R[R;
M=:?]0.H#)KUL(H\N8!@5OD;()^+JA#)](W]"A6#JAS)#$B_U^F%.X%.>^:`W
M:`R-@_3'5MD:.:ZB[[C!7-KMT9TP'5".=(]#>N:@UO[HB^BQS7%]"WU`11>Z
M5":HAFOH^95(^DWL.J]-#^@L.%5?5-=-]VK4QV[0T%T`>G2SLZ.`4V4ODITN
MZU?3N%I`AQC^!%/&XJT:%?Z`<N,+2Z3J6Z?46EQ9AK*JDR"HV,&8;L"6D2)4
MI%UZV+S3=!3NM%A.*=KI\,.O7Q1K@20,$:3#'6RD2N1-?_]YQZM3VFK%!%]>
M(5YYU\H!W8)@1-F2VZ>BFE^M-*]Y'@1'R"5VD)['I"RC?6W[;-(/6[LT-/V7
M#X[EH@\_[\KI9`1^FE"H'OB4;R3+@SW9H9TH>+$4V$G$_2SICI&I.J2<EGZ7
MHC3J(,ES/COF[,^EJ:O(LCV1Z%VX@?9LT#P5ZVW'L;2I2_K6OI@9.EL<$]9-
M;2Y`7$7+;_!*-HH%K#O%)@8`!W-&^F8.08TV\"F@L8%*E'+XIFP(-]^9UE?D
M!+.7@M8I)'`(6C%,^T*;S%*R^D.ZI6XOD1(X9J?I;5[@+]`EN8R.D$/:7.ZF
M-,--;"2YRV^6.4-()5U"H!*/R%E=1[,@&9)(GY6#"\JLZ\E4&"??/I-GQ(>&
M+#>9;*\B]7KSW88HM6>"8#J]PHN\$9F0UB>EG#/3E@N=O"^V;X8=G@L0*'U9
M<M"AK/:\[9KI[T<TO@'\[^>W`FBC;!HYRVGHW6TQ821L$G2^Q#(6^N=%QG))
M6*+"V+T!%9'(L<E(X-.P(!9?3*3&FF>5<S:Z?BL\6NX=;LD5\%.PL\-*5H1[
M'G4^_`IM\?VN^/#C.FC7O]WW'YM*"\V`40N7G77XJS=+@7R"-3$Z3Q^WE'\,
M@`PKDE_?O16GV#@(7@K[(:_T1P.8#I+D2RE(?DJWX)*::W^RE*%*3YK]I_?3
M=V.&+`<#&J09/4)@G0<,<H^"0Y],5Z@`$M[?R7`+Z.RMS7;`YME=@8U;\*0T
MPB>E'#/]#`_7]U<29I^+,\DQ%PBX1GK7G*6D>6(J]&HD.S!6,7+/I(\S7W%C
M:MB<2?^EK-:?_C;N=CMDQ?!7^9/DC\Z*?0,L8\78Q+[TDV02]L/[QR8SS.J$
M1W3PM;$]'DTU6P151C#?S,M/2U.?,O&SFD&>TPS5M1WL]@-1OBN8.*6UIWXM
M6%J!8(*$(:0LB+E.OJ:H;YH-H0(*FT>"VP,O5$]I,V1?,%Z7H,T[@HWA\X9\
M`$*LR_;K$RXE^2?,DQH@S[O-+7V,8>'[Q?-%`@5K=XIIW8=V#,*?I.Y/^#>L
M_;SJ&HP'@!C,EYN![%33'NG]A*G'OQ[X2>K_%`$X`,DGLLH`OH?QI3D7;"'$
M&.`OF*ZVZ%8>?;(E@.).R(6TR7@SFHT)&OQK_$3`.2HF?<MT%TOI:X"E;]ZV
M[OQMA25Z4G!Q$T8J`!*`UWWV9KM1(BP25!=L+DYY9V0#^2@L`NU^8/CR+7AJ
MS\GIO9)GV0($WG^1/'NPC?UB*>":Z-P@V*CCWKC..X2F)7]*`);47[[<'#YJ
M\%Q\:Q=8>.CP)A.TPKMF$\D*64O\0E^J^Z92["L6^LO5+%`1)-B!#-BT8VYK
M"&D;$I)B(?C>-L+8PC]"?YJ^2ZHXLI/O_QO;S!=M1:0I123?_S<A20'<Y/,'
M]$.;F=+SQ=4%-FVEFXL_+J10XY*O^183Z"4*0=@.-GV"B+Y'=AP2@1)ZCV<$
M'Q8I<K1AN?>E-EL2J%H('QKV[>O'4#![.V`,82+,0R64HOB:9!YYLQT(U&Q2
MDRG]A:6HXQD2X`)X8/<U@Z1J-C:8WI`:F$]Q6%Q(L=7FIFMAJMN[FC>5526?
M&<H*A41"RT7"X`D!&DE*RC(`-DN5MFPI8:?LOI"N@+)5#QIL7YH5MHAX\P1H
M)CZ^I"PLA`+@V$C7(U$*7X@8<P/K@35PK1A_PL^PH?\SK3\QL^LZ5BLQ%7.!
MOXC5DQ,-$CGSV1*$-R+C@L!VP_ZE"RO+9[#3P9FT5%0P6N%"%?Q]ZCJL+8@5
M5'E:9%(P*>6'Z<'.#ALGLK^]'?FZ,R9KS-!Y9FWH?@Z!Y`NO#,A-;'YMH3>X
MC8:-@U`.$E7[LQX4)(-WH&)JM4,&"?1E)"G#OV!YZHEDU0="N*;GN@3,QMB:
M#=X?9!`(5=I;XCP4-&Q?_@3OW-+A;-_@11FZL3!#4&3-]CUQ>P-F.L^!EO#9
M-`/_MO+-PJF)V6T7.=%N%NVWY(UTD+@&Y[&.U/A/P9/W4PY.!;MZ%T6G7D8'
MSW#.T'EZ(ECV`ENP:@B`QS5P/$0CBT>YTB!0I7FS[8T1$@^D(F;X=PO;NY*!
M%XTL3C`98:B=0\^++R;BB!GNV;=4Q,>TB*-'(D)8DJMHC0RHS0K45O0`-F.0
ML<`K60$";1N#WI.8(7:G&RS%_XDE@,_,BE^1@$T3HM#8'NT6S4@:5^K)9UQ'
M.4"5LEWQ+((YV#R>M\KV%5=7_Y]'.]A*(REL"0MPW33_!"S_+Z2QI6NPW#V.
MEKS2O3/IZHKM-LZW-\'8FB9'8DP]4];QSF<8_ZE8JB=0Y&''4[GP?^F;:5H)
M01->'L7:WH]N0+`B[ET_AX]_BWO8K&D4A-I5+T"@@1:D'B!.1XS#MZ:I)NT*
M+_$&8LZ'Q9D7(TB$&K:?*@\D);CM99DT!_2XC="?)`"%V1YY5C(,9_7J8:0W
MTH(AB)XI:^P)K+%7A+]E:?:?DD(N)F*)A3^$^\J?I*7YC@T@ZTR:D2F1$+"S
M_O02U2IC%\U+1@)I>E8^Z%S/']3QA_9,68,KLI'@WJLCI:KRA.8VXX9+%'8,
MR^$PC."87C#!Q>K5\M0_@83'&@YV93UOS$+8N<?N7L3H:5["KMQ@S`R?8FOR
MG1CC"H1/9JX-#69!!X<;M\@J%M*]4*>9?E;&H6NO.$@"D,U-73.;9^9GL':C
M2"Q)XTI/"/Q@H+M3B-KQ;QLEHGTF*?_Q*'QN8D8(C-M96",%;('(567))G>5
M"6^M7>=\JLS^Q"P27HL.Q`86#7YE.CQ+1]X)ZRPQ1CPVCZ*&Z,>:5%C;9['T
M2B`HL3!:N8Y?+@%127B,<>H(-K'&G.>9Y8U!:8RE/"AAA/X'VY>,+F36=J"F
MZSZ)+"SH3+U6K)`"X@0`6LB;>AR/0L_"YL'2RK^`0@@2J@:BFN-$ONGA^CF9
M?#9-'9.:%M8?X8TH:CRX-4O<NL`NX!1[?]&]B^3RMX_E18Y^.I/LE8*]BE!!
MV<D&#6=Q@$#+:`F?"8Z0V.+3YP0`8,M>R@^"DP?`=[4%/7B8==3/YSBHU*J$
MJKN=BP[C(QP@:RTH@V;/H(S%2LB@0"",-]N_Z):TV9!2B/$8Y$NN,&=H,P4?
MA>UK5>G9Q+H"L]EOQ-+7$:2@[754I'1(C(%0VBF(@,7.),QX_D]SZ&QSKFO(
M@+<$%P6SRK^G+?EWYNG@C89T-2;SO%=A41&)A]A^(V4=O274E-"NF'6PJ0(I
M@,WDLGCG2.46IXH`$QGH@^#*G<+J2`)TQ].`Y=2#>9@!EW"E_`EAVX7I:%[M
M7MCQ$Q_>JP`&*Y-<ZT,6AD?@$OX,21&3L2F']T%<30L,?Y*XPLH3O\@V,6CP
M^X.V39"K\ZK8WY>8K<C\44)E=II=>D&RL*HV]ZM,L"?IO"/DQX,5S7?N[:":
M,"V;HX9W/R0]=C%L'E:W^$0>V*&A6:TL%A9$B>`[MA.\(F860[3:0G.PV[W"
M"RB%9^VB+HJ75W#IEOX.4O`.(P$NB4C)=@EEI%S*.B_9AHJ=,B\Y?DF"*O":
M'>>^LE:F\>=95%)PI\Q(+J;@F2>U>N/W>Q+WO:0/3`)P;WYJ78-(%1%?BK36
M%2.LS`!90H%J[H,*'L4&N@82`2]M0#&%7R<%F2,O7.<7U83/`,/;F-9(^D?Q
M*QO.DM^!]$4PA-C+]R^!3(-'20'`7(JG>DAE@J0P9GJ5P,US_/%&H9#%L["P
MD(F[".3*='*/B;+LW?4>B;+OJ:)[)L82(;_B?^7/R9$4+T^NF^\>0DG)A&)9
M&U"A7F@5]$DHBR523D@DIH]+3X@'Z#=,O):QP(M!)&-AX*.#C,;'G'EM7$'Z
MD\Y[0=HO1,Y2@XMM.N,8Q"YDQZVL/H$)3<MP!$L%X8]_URRB?&=+4M(.L&)L
M-_48&TVK\AR.[J2<O6Z;^SZ-[)848(F0`+^GO`/"559@%I$B.4S/*.B(Y]&Q
M'^[?(F<[2<]LST>_EU2/A?N:*C84Y`*NH$`W3(UCB6"IYV#<>8)5T3#I>AM,
M(4G,PBAIL6S5D^Z2%OLKX!,55?[T0RDIJ<A5+6RM.E(P7DM:P&TMZ:-.[FO]
ME%%LL85Z\NY+<+6;JG:#2L:SH)21+C-<F4$QZ!(IJJ_[L(%IF:L#:HQ4'>J(
MX#;\$`,NZ!L?/5/8!J3-`UX,(F+_,2S'V/U^OSP_J/D,JGT:;7B!+<-8U'KR
M(!`'NXMF/2Y0/!L$>#_N7N&G0T`3L7.46570_H'G8U^/]P5A:3,Q]J0=]@;8
MZ4J/JXC\XNC]/4`OD2[3C42Z&DE!QYY&9SY?B*.E8X(@%PU((9)-KJD26SHH
M)/#ZDH27(6D6S<Z#C(/'V(R^/`8#>P`</?US["YV[$<?3-["4S#:K7.2;5K;
MZ#+X(8[C;B?Q`L<*'O8W,+D8#9+?4(-OO&NJL[SLC0B+;!\B>K=I75[KRNS/
M3RO\RL0SL7,YZJ[UY6'^]?UGLJT_\$Z8[P6#;;#L>4-WV,U_A."AC&=(+C\C
M5T(.'6'/ZO@1&^N%7_Y[\-^29;Y[/\O_O?W6P4475O'?X\D(/RA&-,C67_S'
M\N_4?T\103,FT"2_QVO&O3?^S6O`$-D:6R*"YN+=N*#Y(<L9]W'$SX[%%7N&
MQ-';0QS=2=_;6@'BR,`EP5LJ(HU[(_#04\SI.OBSNP<%PW&"/;&T3P,_?!S`
MOF1&#C94$;)22V(.82D[L"K'YZC+$S)'14V_?)BD@X+<R.`M&XU7"9R/I"N2
MO>DWN=*U,ECW1:1N%K,NJ\7EX:<T89'#/AYV2L5RL/Q1=NB)0KQ__%8R`+R?
M?2>L10M?4JYL-S"3TNV.?*,EGVP<,3!UB&Q,MT)C[?<4R]*\\%D4&^-+2A;D
M1(:`H[-_&01K;/NDZB>OO&2X_Z%`+`O$]K=WGP6OVV*9X>[/B]FV0N:W0.:3
M0;WDPCK\`(VIL*1/;UR0721DH/L",N$PR(XP<SF2QO*@+;`_,8&98?="8C9>
M8NXN.#U-)N5/0'8+V:M-@CUO`C*E+E%(2"$AMZC$JU94"@=6R^74DN*E',G)
M_%FJQ@*?-T$I+$DA)P\2B5]\9\Z3I9%O_K0PKP$M=/='_CRTE+*O4V5H1M+T
M9.'#1.`)F5263&IF*2#CN**05C7:?IWV0%\8?T+0ME;0DHF0<),V&%W)+&-?
M@A`HNW;PZ/*F8W94MX@?R72/,X'>A'@O&;M"AP@=TC0=DJDH5H)_7DP'YMZD
M71+E4NP<6;NNFBY6FZD"H=?84J3<Q;M%(%.W(AQWZ!N6@B(YH\B\Q<UE$V0[
MLZ34C4>AOFM2WYP)J"1K18Q86.`<HZ4R;::!^0`^H+Y#$C,#NL@R4)G)3/?I
M>+XE%VL.PIFIQ7]4_V3A(W*07-M%C:V+\.K'XKUV3DOFU!T5X,AUE\<"M0S=
M:WY\8!&_%H+^<.XRV?%05,$=%MB-ZZQ0I?U9=A<$(95./BS'4+K]D2[!H(>[
M(]SH6HOC>KQ53O#NI0O+4,C@)LK@;\J&B&"H7-!)I=S:;PY/CR(^60G`GP#N
M=7/UW6LV^(4`%@*X%0(X;VG9SF[JG,D&4<W3[OJRT4C4EW%/D2VJ+^-&@?],
MQD*$OZ6/CCAN0`J<O:3IFG$-Y?V=('_ON,TGS?[3&P'RW9@ARU$T([T6@MM!
MF[N'H:3-ZO&FE,&TYMA<+\V840<^<C?>VV'463BE+1SM[J[6WKAZ9ZDXDC*?
MHYGC3UI;FQ89=DG&S\6&LYS%;0D8<O>&#-=?T9^'Z`_#-5UG!C-U(=W@X5&R
M,6K([%1\$BO$LQO',XP!AJG3BFNCQ'PCIN"`@4-XZQI^1WRL'@T8;";%-Z3,
M'!=C*AA$AU?Q1OYZ,]1VC6,*E[^0_D%&0\:'LDV1KF$@VMZ$80P#`DZ\\E)Y
M@W$Y\SD,^X79>,I:(]<$R'2<OUQ-]2>SK1!,8H(IQM[,)4`#&9MG3C$O>+/A
MSB1M+ID&F<"T,BTDK4W;UJ8I!F`QN"KJ&[+L$/G^)#^\R2D*!^J=D5U&=(^W
MHCG!R,1@P%\TUB[JF3C7S7=_F+7FQ,<PSP@L04I$8"?LY#JFM0D@=^:C$F\%
ML&'A=^L;#^/>KN$WP@-(#>8YVS,7P\DT`$WF.YF+KH.H\*87[:%GMG`-N8,P
MJG<,0A]*>!0)>>R[9RQ8JJB!'4_]`7.88O[IC:P$Z$IS%X:.2Q@3FJG:31K.
ME579D'&1W[QQD7?^N,@';[CEC6FH&HL9S_7.X/I*F$C1$X1`.(=,$K><.3;;
MS%#RJ,"K&.'8/UQA!]'1[#F6>2:92*^009A8U$A3;,.HEKD&1K4="QELJ7T!
MHY)A9)@*(L3!N$%X?^8*_T!&)V.Y%TE2#3,%W@%,W<,B<($,+#>`KZ?XISF6
MJ8[R(ZFEY@BT#!DTZOG!F/`A78398N4:6-BN@4&0]:;-0'XMM=D2_SH#3M@+
MS*EIQ"!ZY@V4)XSFB6QSAM==F%C2&!'G8=ZU-"*DB+`V+3M\"2S,%JXPJ![#
M8@6JF(RKBTD$3PRH"^0H>#.`5!MS_+V!9:/J2V<%@^[=G[9HHY0#$8DTQVCQ
MX+JV3`>DB1F\[6:IK&',XB08V?C=T$!//3M$]UXKQI^6NW9F&\Q\*E%59$7B
M&Y%!K3`FD``TDNWX)3.$5$PM1,]B*UFSEQX9PQA'3*XA4AD/O"?R&$,2?T%9
MD`%W2\MT%\M`7A+FP(1G`4SL&9&Z'E1?@&@](:XCQ=LK3,N=63!A%=94T5PA
MFG"*<>%B`@PJ,@+QOE8V9-2E!TC-BNMZG]Q@6BW`,!JO2YY6I`5^#:#!<,ET
MK#W3=`/2=K":M969/V7V)3%2%J.0+5R!!XA2QCRP\><$VJ!KL>D5G<\DE8L>
M1/$.,>A4,F\2GYO,6R;,!5;H&Y$'V"AR@LF_JNM9%M[),2J\523\4VB*GJ*R
M>[B^O\*(L]87TA,6J!@PS#B"WH+W2E_DWOMT]"W4-\QU:O7.G#^9FQ":M@(!
M@.D)BZ-_>L8W=O=U3_KY$Y;1CQE0F;VV@.?)1UBM,.8=0SW'[H0A/3U</X<\
ML':=<U#99`H\\`/)T\$&;@C;2,^NAKE(>@8MYXF9C]^?KWZ2OGRY.9-NO_R/
M](`1MU`6F.\#4_K>F%UX7/:,X)PQW#X3W0D`@2])'P-(>(/08V-N$V^/C;;]
M*=JYZ?BJ&;Q(7=%6/C`C6DX(+$^YP:L#T86=(=,FBD]A;).CN+2X<RT02&>^
M][R]BYA9H-B:BD)_$4,]W&'@GZ@(+'J8*^M9#OZ88RW2Q:!+8JX'R'KX%H:[
MSW`$5(&2P"+[`704,?B3CFG@*4;^I.=L>9XF5N((.U[@K&$]$H'\S+>*_!'J
MC&>=AYO:)EN@2YIJ&3NP;)?SHB)QOH_.<A8,N,=H17^Y@&V,0].U9I[_C[$7
MD/P[MH>QVD(7TN_F.Y@4Q)V/R7.`&5[3@$?!1\6J$7N*1H3@)$$0LP"T'9$$
M^%V8X+`$@RTDZ3?B'N)XLN8@?V0V-G&FV'3S&!W\:+*ER,HXBQ]UA<&"V8$$
M5+"93RQ$8+,P3I(`8N#7)`$:$/!VK"D<?$\L4ND6K17+">RLN]!6?@Z<@X\Q
M8?;U_YYO[YX34@S>Z3K>YN_#8`4<PQ\:?0;$H6/G^XV$R>"+C,GY^_^>>7:S
M@N&R]`)WOO%C^5SO_1K9T4D#3S73+H44VI1A.D'4RP\\9MY;`*5T<(*U[*%!
M>H^%2/`IDM+26)P#P<>D'MC(7NS$7QWK+;R)F.2%+S/VQH+C02H6&Q"Z8J6=
M]/O_7C"FB6=P*)3XNV(!I3"<%$3RH%0<BR=/MFSK`4\#>,X/"J6(;UL'RL^S
MS0.?1K+?E762=6YNDWP#3&MA?'CO"UD5W$!@2-`#(`4@(&UA_X[$:["FL`,Y
M9WMJ6&$+M]D,&SJ1YZ"BJ9/PNK`R@OC)E`01,2V'\>0P0+!)P`ZV2#2W5X_O
M6*9^@+RWV1@#)\8IIG7FAQ_7NF(8Q`3%NINFGF:9VD\(XNOXZ#&"88O8K]C(
ME(:7TA=`!D"0_'"E_M/U1K1)G[V\!O::/!.+[>MCI$_H73,@^.9A7)F:@0*A
MC=V$V<<ZCF_$396+TW.&`[Y"TI=0"S0ZT.O-/&=+!GLGJ/-D9Z<.BB[.`3"U
MV!?4(9%$V:I`,:W6%B029\%\+^^[03LOY4W!JCVHC/7CT_'U7$R(-K@#>P)Q
MLY!:;;0@,NE=86V6T44@A9;K3^@+I\4PXL]M+P'/C(_>&]!MB9@<G61(UT$L
MY4*Z=2VPO7CGI3.^*15;%.6@BS"IA:U&8IIB$R9R+KR$"+`[^6QAF>XZP?&0
MMK*7"L&OLK`0"=Y('^&)F"'T@K_UV9Y9YKMT-2,F,A5&"]-)*L+&,=BA\.E:
M`0DEJ=J;ID+R#,N>_\`+ACO'FX5P>N!HX^];$#QB3!81/)[=J>=E./#JN-X!
M(=P'RS8>_6).`27)JCT4$%:,T#@,DIOAEY-F'Z6*P'VUL*E&4AM-$`@0RPIB
M//3Q`X!YR1J?0H/&RU`^XL&%<5`"HX0NOXE@#6&I"^D>O%H8W8Q\_1[DRHFO
M%@O<DA`;'`]J5HB[&)[#B_QC>L<+*R2HJ=G>Q45(?GK\^3-^6IF1N*$/IB`F
MZWF[WC,DL1?4TZ2015CN@BQ3A7J@-Y`Y&!HI=4B,$>P%'OVP843TL1R]LU7<
MA(TG2.^2DH,-.1'E80>%/X$1%5E%!D*0<`W.Y\%8U6S'TJ9N+`<#3_N519A-
M$DCPI*(?'XW$<PIYFH#K6!+6QB`FE6ZN`7=/+6W&6%`"BB&[`%0`E4B209+;
M?H2`@)@DB8.XYUXHTTE];)]"<4,0GB"(`E0@Q]%1XNJ`%ZW#WU5TVTR/:_A$
M%T7._!!V$%KSW-C=CE90VOKWGUW[?*$HZTNLP/!K'N>/8478K__^;Y+T]^#O
M=Z:%O2OCQK6PBIIM7F*YZBM#);_JWG/?3.P/;EZP!W>MF[,_";_C7Y[0_)</
M=T^/#Z__HQ@=^17DW>O+XRO60CW_M\_D.O$K5`:/Y?Y@//@@:>HO'^YO7^71
M2/[P*^P\9R&NW$LI2>6L%M<'K13`5HI!LZ"SG%:06\[I=QR-KH4+/3;BPT54
MC\6VZ65'5%(5YP-EY@&%R`ZH<?1!$Q2JD-(RU=2QS67'RI*@TFXA^2IB#O'_
MI6(LL"RQ$#B*[+6W4D)<`(3?5-&)^+&74'X*G40NI$>VKPD%=5`7N@5G$$:0
MSL;@VPM0WRJ"76^08EU(WXV@%E4B-6TDC$H*9LZP*G&\\.X<*V0PVI0?7JX.
MM@#+>(9;Q`B!WYY:70EUTUA<&^>$',*BUC,OI4<><XV9;]7.`C;#RAWJ6]A"
MTT\)DKJKB#;/"%#]3"ZA[Y*BFYU/C'-;LYF[<CU"\(J!2"0&8;B2?!H^$NCD
MCX#7GTJ+V#(VFZ!&'CM]:(FE-+(2Y<PP,![J'N^2XF<#V5IL+;N6)\,\>HY5
M@*41KJ\>X75`FS0)!D(-0L"63Q>8<R`G;%](GP,>PR]C;(7OV_I\^^2)L^S<
M;D%%=8R>WF?.'&VN)*V>H.7)O=_QQ+-0OF+;--;:Z4:QK`T&PA4I5?*'(,:M
MGJOGU\>[O8;.J^?OO-Z3_P")7?W0[%=_&Z\W($0<T&T@36^QQ?X8&>P/Q(G_
M`)$';85-QE\^G`_CAE/W`S:9-6\GWY]O/_PZ'LH][_Y5!*^C#YJ$US?,'YJ[
MLI_"\3U73O#4'S"_APU<5E/M-4PMD'U<*[,_D7H(%+UM4/3E;4`</$'RP+?8
M%7U3(%(8[_W%[)#D7G&8ICQTO/[V\>1.=_M\J1OVSH1?>/D\6R+5U;$C\.RN
M,#=N'N=;1/`'_KZ'>LQ(L35>`%;,K?X!9?63*WJ!1(DN_>G*VD:7P0]QT=+M
M)*0&=4E_LGW3]F!#!:8ST9N\NMR1C^C!%SZ5K=U$WN6'>U:..@ONZV#=ET>%
MAVEEN6L<OJ>(]S5.<SW3;ME2X5Y:96?K:C$1W-(.;DDR1<[[Z+EVD;^+84D;
MR=->Q9\]4M).J,DF3<!-KT3,]!H`C5"_C/>H%WDXSK6_DK60MYU*5%!@2$N>
M+V#.)<^2W*>)6')=%G`<X+ML&![DWF792!Y0YZH4SQGG;0BS0Y@=:<*\9&.B
M;!.A9,5?JCK/*6CRJNFR]LZ1<99/V^<#R#@/AY:TB<:Y$/TRM]%$"N4%+Y-2
M-S+A36YS`'&Y5"+LY[$A:N6'3"-'!KVR?8]>A49ZXB).51Z88"/6;"1<)N$R
M"9>IN'"GSY7)W2G>+S:SP'Y0?F@K=Y5'5%?B8Y7K.97H#S61_?KY%^>>]0;]
M_(Q'GN'Z5'VZ.WZFI##5'[]$D?+=@`*N?+-#:J.2'O5B[FSJZ#I[S1"M4B(=
M8RL)DU:8M%E+=?;)V.X1`K;H?8?,TN"/^\]-$*S\6[Z?_099PO3ESO3-QJ:3
M8RB,"MB62&%!V6\3^)6!N5PB)*.F2D?&%86AOIL^FP#.)MCI?J^I)H"S"=1Y
M&UXJV`?17&9]")O^OCJK;J]PH78&(SAX2T7R,VAKD4MXUF1[EURV5IVM?G0A
M8DGEA1D,]I)A7Z6![YBYK07*OL]$3]FJ=W,D@<N"?J7J,+IY1J/`=M<5[."C
M3-\>_CGVZNR2+PMP63DT94N_"AV@Z+YC7130/9H"ZI/$Q*TJ6Q)4YKH]18,+
MZB*"7@.)(#"URY8&55KT3]XLI[K(H-]`,CA%PV!G+^:*Z&#00#HX17&P[_I.
M1:0PS$P*>^,,*9?]CPHUL*[Q8Q9DV!N3O:PMI,!EW29W=XE/OE*6IQO"XNI1
M(:1S4VI7/U5S=:'HY&6(N";4IOL-K87YN%1[,UA>P)P3.L_KM91;.QCZ1/OZ
M9,GR\)B:PN"I,CR=WW1SZLV`=F<.Z9OM-8SER_,1=W-J@4XO-VSX\BA$M6&%
M,&_819LJ(4-5<S;1JF[.=8@3@\^8JF=KI+7:'/KAR[*LR&[=EZ&1.\?08/A4
M&7;K3:+#-S64AU/CU0(:RD?Y[$!&3R?+91EGV#NC"KBTS8_/AG(OSP%HH9;A
M`(6D6H.0V\N/VEY)&Q^<#;NY$,L"[J7334V(W?9+LH"&13/3M(W+,CV_,KL4
MSK#S-HCA;:<JR\[+VGAW;P-T(7]S8)5R"+/LG4UQ:]KFSP5B&2&6]D6R;)YR
M1A@R;2XA+'";RP_/I%[+\X%&`K<GR[=RI[OO`")$P7^(XL&TG(6R0.=3!69M
MP=PXF+7L:(I^.N&)!H40Y/Z9W!N>G,ALB)\_.NL/)B?GYS?$%\\%>,X]\89X
MRWVY39*&-X]V((];!7[N[-=>+I'3>/ASYQOV.J-6(8`[!M@;4Q/N6_/<MYFY
M6B%K)KRW>KRWP:A5!A5/KEMW)!RWFARW7)D9X;@Q"1.U2<SPYK>=7B:R449K
MNVB?.Z=-4+]PV83+5J0HV+!=[*1)"C2G]!TWX:W5X*T-SSJ=5D5@>?+7Y+/)
M6'ALPF-KC<?6JJ2^<-F$T9JH:FD5_+GSV>2]=7HG!W_NZ%\X;8UWVJRU:2D.
MXM9K\]<ZIC%I*5Y>N?LIU2L<<BDN^4%PKWSTEN5U]L^&^5S^:KS.<J%Y;'/)
MLDBM'5XM-_S:KV`W90EC+@M4^<%LX8$E]7KE/(9$^$&N7(5N*-/KZ?-8W<D/
M?I.M0$M3MNW*!/.#WL:S;X."%K.&-C9],1U%EQ:[VIMR&%_(USVWS,@"\YV4
M&%/H#<XF?1XOPO.`U:.'1]2:OIZ<30;\1A*8`[*:`17UMH+BZP(J!ZQY_`2,
M6C/M^5JUM4?2%AFQ4?--62[;>O&`TB*S#>HN"NAR'-RK%:E%AH34?:4W7U%?
MBY#:9$YM4I^GIL8"_"$G:W>J:S..(P#UA]::7F'0GYP-QR+W<:(E!O+P;#CA
M-S(@:@Q$C8&H,4@P;+[.`6V3Q4TO,A!9RI/.4G9ECJ,('"!85!F<-'H;S[],
MJPQ"W[^_S_?O]HZY7A`\55X=@&;8KL6IUY\A7I5&@ZKI3G642H2]@ES!#OK'
MS)SB!BQECK."L4<<QRGJ!SXO-)FOA*)LBBPKLM(;G@T'N>B1MYJ+DB'/U80O
M;J`B*D9:*A9SEJ^4#9324J[[LW-"1_-!C'F+;\H&BZC6:3E!YBY(*!LN97;Z
M[PD9V0"2S%WX5+KI*"JE6DZ2;9*2!>J\Y/[VMAH<CGT-_^$Z$INDJH@&>_FV
MP>`&%J.=4+',7/+P\/H,Q&$-,$\-[K&">"\?/,HZY*Y(&J-C%K^]Q`KOXZS;
M:($T28_/L-J'D"190Q"L=K(=41`PWV,_LMH*90X*J.]Q))F)\6WC4T"]9EH_
MNE2D.][CG`SZ1]Q/"1XJXIJ,=K@F'^6?I'/I":U-RT&J]*XY2\V0_DM9K3_]
MY9K.IWOC#=G."AF.'7THF8;T<'U_13[Y6V_RR<;'-X@'J\`J4T6'LA/)7B+D
MV!?'^H"G!.;N?C!_L]!*<U>V9*$9TMX43-X"W`7`W3M$U7YEE*2;-@&Z^88L
M`?6"4._OA_IW`RF6@?^R]J@=P_T-&:Z`>1&8#_;#_`O0MV*H'J$KZC]=3YI+
MZ,<:&3;".+"1A66\0$(!)`SW(^$665BF.]H;EC>:,M5TS='*A_C/#A%HP6^J
M]A;\'/N1?">`0@1`75G;Z#+XX=-*L188DMC2NNQVDDBCT+J-TP3J&M9>O,+5
MY0[=93Y+D_*:_;6(8_==C^[+XZ)U[C,LM)!UR*`?,\GRD-_>/7J>FKJ:RO2W
MV%);39$E]>0SJ=N1]S:)V2L(!<>TB6,*)4FK3L2PV<@1>9B2=M)(W/0*M&_)
MDK+)'WNJ!SNAKMEG',K#$8L,.T.M%.ZH$K5THUC61C,6TA^*[B+)G$M7,&'$
MWJ>=6&(Y"T28X'G`I%J>)9X'C.KEC\3SEYAK(4P188H<I>Y*-C`:7KY1MHK/
M*7&.4=TG;RX=WRV69;F%,&,+WIXIJ3AC6-XFJNC'6TG]!J.-\%^^43W$BS1M
M+*=XHV97;M_<QD&O;#^D5Z'!'F9BX(>JO#'!1JS92+A/PGT2[A,K$=\;4R_.
MY/B,*Q3<#\H/;>6NCA#9#24VXN64ZQ<U%3+Y%\_EF3#S-[+95_W\G$>>X5JD
M]`='Q5*"QRH1*4$E5,TR)9<5SK-M?176-;5(2A]C,PG35IBV["1M]P@QVZU*
M)OQQ_[D)XK4)%O#G'VO3=JU<?20;+ER;90)G8]?)-L@R,2R;OCZ9Z"RX!9&'
MSAII-I<(P^AJPY%Q1F&P[Z;,)H"S"?;Z9^_R01/`V03JO`WO%^R#:"[S?I:K
MU4J!RJH*6[-DE)\27DK73*,9PK-;#/Q\V>Q'ERJ65("8Q7`O&?B5&OJ.R<!J
MJ`H!@VX5=TK\MU0D>Z++UMLHL-UU!3OX*/]$(S_V:BX)H?A$(=X<H:?H%GA-
M=-`]F@Z&^8F`C4M6MB"HS(5[BEU'KPG]O2:*@4%A8Y0[R_[)OR%?$QGT&T@&
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M5`KN)__F#$>DK>0,>Z?,9':;E[MG@^&@&')+F:K93.S25GX6]):8CQN=#2=[
MVS8+]&:'S;:3DFD<;FF,VQ%H9836(W9>UL;[N9AUF'OCQSMP#<(GY1UFV3N;
MVM>TS4OG@E/9CI;.N?D2YS_W1@*W;"?9Y]6OY=E.75G@]E3Y%KO2^PX@`A;\
M!RP>3,M9*`MT/L4O12J,^=)49#B:HI]:L*)!`86N?#;J[>6M1@K.1CG]D[/N
MX/1T5U,<\]/SRQOB.P].R7=NDG\['+1*X/-GS;9-VO/F*?:ZIQ<&:!8#"&?N
MM)RYF;E:(6LF?+E:D\-GO6&K!!M_KER_WRH$\.3(G5[6IB%^7"YC5KAQ(DUY
M&C:L\.%J]>$$]==*_7O!+SPX_CVX&].P7>RS20ITN/3]..&\U>:\C<[&O5:E
M(OASWKIGHWZK4,"3^S9I%>!Y<M]R05[X;\)_.PT+-A_=-Q[^W#EP\NG=<VD4
M_0L/KO$>G+4V+<5!G+MP_G+'M#LMQ>4K=S]EYO=Z9YTNCZ4[_&"X^/27VB^`
M=OL"Q8=\UI)W4Y:/VQ6(/>`3E[R;LKAVG"ML5+H/S0]."\]!J=='EX4HSN#3
ME+RA$GV@R5#@]W#,H&QMVZXD,3_H;3S[-BB$,6MHJ]07TU%T:;&K82JWT89\
M77G+C#,PWTF)$8;!\&S`<X2A5JP6&4U1=V9[=-8;\9COX`"OQX^_J/7::I_'
M^D,>T%GJ/LI+1N;R1*J*(-2*R`(#/.J-&@Q''+N5M:*TR.2$FGV-;J<OD)HA
M2E"""BWQ(O!0:-&3XU1Y?V6)B`NP`+(_0F7M3G5MQGTTH/Y@6]-K#P;=LY[,
MX]U6?C#<^-J#;N=,'HH<]8D6'XA<R(D6'W0[7,8..$!JPZL/!,>>=/92%/J=
M>/4!CW-:^$%OX_F7:?5!&`?H[XL#=(\92QD^55Y]@&;8KL5U!"!#!"N-$E73
MG>HHE11[!7F#'0Z.F6C%#5C*O"_1&9^-^QQ+X?JASPM1YJZM*)LJR^P1-SH;
M-#Q[WPZJS%D94C901"E)JXF1+Z"4)AP[N0+0'!7"M(0,\U;EE`T64<;3<H+,
M7:E0-EQ*##GT!QRGYS@`/2<DF;LBJG33L<P2*B$E&T"2;9*2!0K`Y.X)Q69?
MPW\:$)9-TE9$B;U\.V%P38O13JC`IH#YGD`?*Z!3["2@OBN0Q6H?8P'O3+$:
M5OO(O(UA7F`7C8W4`.D=X0A6.]F.+@CJWF-+LMH*91H*J.]Q*IF)<:$Y.:/U
MHVM(NN,]CLJ@?\0EEN"A(F[*:(>;\E'^23J7GM#:M!RD2N^:L]0,Z;^4U?K3
M7Z[I?+HWWI#MK)#AV-&'DFE(#]?W5^23O_4FGVQ\?(-XLPJL,E5TJ$>1["5"
MCGUQK#]X2F#N[@?S-PNM-'=E2Q::(>U-P>0MP%T`W+U#5.V73$FZ:1.@FV_(
M$E`O"/7^?JA_-Y!B&?@O:X_:,=S?D.$*F!>!^6`_S+\`?2N&ZA&ZHO[3]:2Y
MA'ZLD6$CC`,;65C&"R040,)P/Q)ND85ENJ.]87FC*5--UQRM?(C_[!"!%ORF
M:F_P\]]_7DVUR^?9$JFNCA[GS^YJI5B;Q_E7TXB_]`^\PRMH;6U?&>J7:-<O
ML.@+AORU;L[^_/7?_TV2_N[:YPM%65_&C`4X`.#G"<U_^7#U_/IX]WJ+9CWY
MM=N1>Z^?#4=S-J\`PK'<'XP'KQIY]#5:X>J'9K_Z"[\^(5M3\8>:H@?#;Z\5
M:+C]C&:N1?;U@%939'V05#335HIN__+A?/A!TM1?/MS?OLJC$?[%-31O/]^?
M;S_\*GLH[/S]YY3M)\\5:.>G4#E?.3>*96TT8_&'HKN([6EO3%W'*+`P:?\+
MJ;=HZCQ.,95C`L+X.73.T?8Y^[WM<QX\3O+T@=@.;13&APV&%Q^+V?$.S$8'
MWCY!\GP1=\;(G#OZG6R?<K!]RM1S>$<%EO_JP@L>Y]\PA\\.G+"?<D*\QNNS
MBU6%IA-I=(-)=&%:(";@J/#G&UVQ;6VN(2PP;(<^T?W7N]B1QIW8D8)=8>R-
M!IZ,VMYP$FN1!"/&'%+OR#5X#.$8L_P#2^(;_#?-N468H33HV(\__\W"RA!O
M5EL%D-K4`(T$?L?R-G['`TI`,3YS;0!-8:#=@.E2[-WM4;3/+63\)VXP,"QE
MYKB*_DW9$!7SZ#JV@RTS+'3S"ILLQ*>X\'J/\E0L]`[17X\"<Z\[9`GF3)"H
M&/#?+`TOMU;T8]@_XN]G1W'<"/;^J^]MVT7V+1;]"P,LJBL[32*$.N(/Q=)`
M%]_CC6"CW"$OQ2B]W@2/S<C!'N?>=L+78<-MU[,I2!_'D=[?1GIWTF$J=?)A
M(5)6]\;,0HJ-,!+(?^\-<&2N0O?EL^>]/'F.^[8VNWMZ?'C]'\7H^/A[><R$
MS9@`"($;O>'1^&ZL%4V%C1Q4UR#0=A@E1QVO',CT$I#))94I<_J\S^*$`<U=
MS6:6BUDH-*?P>N8*11;K,0Q[J]DS[`9C3G3N%,TBINY7TX$]8,<Q_FF(?O);
M]N>V6#K\_'H3_OB[A@U[:[;<?$%O2$]8B>%W[HTUY@[RA>XA0LM@[Q\$9D1=
M(6O_YBJ6@B&,;A`^8EN@W3L$[11?8Q(G^QWPBP",Q1]`_,ZT8M[F-Q=O$3.)
M&N[)!P*6G4T#_0/F=KQM.->U8FMVTMGSO<P@5'*U,EW#23GU(3Q0WE"_&T=#
M;BAO21\2]TCY&E:U%GALU@&CC4?$E,43DPYE1`Q[E.68":3[Y!"QTH\QE+EE
MAL^V@^'I8+LJ?"(_)TPHO[$[CC3`'E`F*=[S$5Z0M<)'S!_]J!O.I=$VY7Q.
MNJ-MTMZ"72%ERB-P*Y'H$\K_'`TS*]8`$[&X5P'AS2,.CB5P^1#8*0\P1MC9
MP9E$0^P\(>6`?_C=,*>0;/(\5=@CP`!C5=>(L_@4+.>1&6B,9T4OYL&$T,%&
M,%"F37CTBZD8D-?PJ0K(-["%KS?1SR^;-4J`F#P7_;TT@50L*+#WX0WVMB'A
M<XT,A)_6\(^':(3V94?];2'(&N<[*,HS(_QWJ(];C]\L%6.!7_,=4Z:7//E-
MT8CC*4BH7A*BPP7RF`HT%<9R+-F!'/C0]H(UCT:H/NX-F*-#_(&XP,9X-"VD
M+8S//V9D^4($`Z(_ALF;6%H50H7("X#-']?(BY)%H4/2T2>V<^RIZZX*OOMG
MQ3(P!.P:C"`JQ'#>&\5U<V%@QTRFX$N/:P#,U6)AH06&6/CY%OODU>,JTEZ_
MX!7UPK0>/A:%1Z/-SY_16H'IT('(P%:4\D_3\@/U&PBE)A*%7JB12A*2TQY"
M#QV3&`P3WG!>H.Z0O=[3Y+N_(UV]\LL#)IU;96,_6GC/Z)MB.[?[T^%IKO$I
M8H6*4'1IS^$(T.9@E1P^75ZDQ"6:]V?,REA0D0*"='7SQ_WG_2##^H`BY,DH
M%QVG>F)A!.)-T70_*@0F1I1ZQSZ+Y8`>N3%M)R^8TA/_0#G?D+5&D/*`"@XL
M]#[_Y>)GLV;\QQW*LY>[VP24\4P1T6P_<..N7)W4##PZ2V2]8''\@E8PV=[:
MW*_6&+!P)."<8&$V\`GUD:<(?H,D@`%_!5B5P<KA"[4?2'U0G(PXH/Q_GQ2+
MPW$W3J+OD$!-TLS!Y_5>!39!QGJK?&2[LU;E:H&,62ER]DCDT"GKA+A@`E=N
MT514NE".OUP2[`[+*K8BY?LSL;'!-X/*(0>[-_JS.U6U-\V."NBX(.`4Q[I'
M>46[X58M?('HB'`CMHDG$CB")>5A=KLYU"5S4R%[C>!>F?L5S!S.Q"[E#HXF
MV0%=BUV2#QD/IH$PY*P_D9-=G%).6!,-A?R%K=^?7RP2IME@<1M9<1Q1*^6'
MR4,N%=T)PEZF'+H!7;E97"9#<9EFN*8;PQ:$HKZ9MD;<:F3;A,_>D?Z&,'<[
MRRB?P=KVX!TEM%,YH<(2)8&:%3[CBS]:7TQC@:R2\)GA)@876*7<U#%U!Z(D
M>&?13EFI1NYZ+PD#.UY`N4:7ET/S2Z:\WH.:K"3XLT!].:C>#3S:Z^UGC!DP
M.DGM2NV8&UH6V*<.`OFW;1%SP1*4'ST:C]NBU$[7T9137/H&:;5`F@:+,Q!U
MQ_@(30F&R5188<Q&,!^)AX@$("/W8OH'V110J]&;J)*4XR_(C>5=H8>2]LVI
MQ5?*-6LN&(.*8#39X.,"\]R[Z5TJ<C)A(PP+83Y0NKL$"SN'+'WSO^$/'3]F
M&M/>6V@C^("R._MQOB,W%KXGN:+A;.ZT-_0-63/\\XMYI\V=C?_;(811<97!
MB`IU[8);-N@R#G%4">:H2`WIYONU:?Y)?HN]*`;W0Y"F8AV]$77C[2`,X_<I
M0RJ_U6S'TJ:N5PT9/74=$`&VEF/"('D8+`A,"VV=)=DLI<@=U3@$>A]^A8XN
M?D,7TCJ'U,+YO6RB-CBZLK;19?##IY5B+30#^N5==CO)UCN96G$G6V[G;\$C
M9V_])^,-Y%_??RC;&SI'O*"S=_VP>]%H7ZOR2:_H+%"@+&0=V*K_FD*MS<D*
MY/=WCRRFIJZF=D"ZNGN6(H;)T_%<SH^%PCCHRL/R,>"]I"+X__[RD!'^>UMR
M-9_C2X5RI`8D<RZ!(I"([,]%[^SE3K(Y6C?G#(Z<9#VH%.)>#R`,[2-`7!H(
MLJJ![AX1-.R4N<-AISH4@05T-!L('%6"HR-%U9:@R@3W[`WR3P:ZIRND\HZK
MSHLD!N.GA:`Z-3QE$U:\V[$%O`ON[%Z)A#JD0@S$EBWVF+QE^7/5&KY'.M-E
MP#JWK506!JK4Z=)'S9#P<CHD@WX2.&@8#BJS7$\!SHV3-:,JY'VU1D\CY4VK
M\;!_DBD_%F@^=Z`:VU/N[)BD0"8@`!H&_RDYIB0/_O-48JM9)BV7"%A)SC6\
MO&Q(ENRP%A<9.P&9:_)SDPEF,!8$(P@F#\'L'?Q=<MZ746@Y`PP+6^:[(7@N
M.*YRCA.T(FBEU;3"O1_#H7<B>^Y)ETOWA">3@"?P4$,#CQ$]C0+_B$,3ODWP
M'\I<6<3-T$>G1I8"]`+TP@HKPPKK>E;8H".LL+V$QV'DMTU60#XC0("_5O"W
MQ@9K%57R!?K!J%5^,5_`[XWVIBF$'79$KIY+`ZQ`64K=*BM?(JW*V'Y913[Y
M+8P&HU?N3@2"3QG!W7SZO:),>$F0;%>PBA\V$:@5J&T>:H5]G1F09!8<3VR2
MNS@MC815TYWJ*)6&>USI<`ZCIM5`ODD5.6TBR>YP*$A2D"1/)"GW.SQZ.O4#
MO5V!>R$$VDJ-7*8R!#FVE1RS)W=^)BTSP]_\7II>>]T*6X(>,=P+6K6R&HD2
MML*VD*HY3XJC&8L'TU0W=J)YL?^1HOC?.*X3;*9Y$KO[OE*C._).\-H'.+[Q
M`#UTOYKP.35R,2_P8\,;LX.>FJ]Q@J#/T\_X:FH_3.V0CJFV\;LA28VTD'O'
MC:,[#-'B(S*.[CA=J5@IAA!ZF*6<8YIE9@A&1)[251ZF<Z2@%[1,'()!C_ER
MFDJ/RV\JO;\M%U6&<M@TS!-2G^1=?#C)NG:Y@>E^_M7[V5?ORGD7)T]P`)>>
MUZ$\U_*][:[F^];OY5Z]QP=DRJ48>7P$X(.'3AXZS:6:LOFIZ70CY$U-\F9X
MQ.:'.=8O%3:#BV[NY?UG:J<:YGB=!5W%!ONZBFV=*%./L.29\D>41NNL380A
MPI,G]%8N<S1=U>>GWC8P7I/%=;=_!,T$#YT\=%A23;Y2JEF6CHZC8=%*N`Q.
M^[9N+E%:WT>]''.EJ5A36$;%YS%!R76(0\HH+1$!5XK2`,!W/;E?-N"[V^JE
M5,`W`.Z=:@B^4R7!"[#7`?;K?'*F1L^F=.E>G6X-$D[2;Y:BYIH)0<$_R]%8
M8*!?1:7_<'NG)6+AJ^E()"_<`+DSKD;-CBM4LP=K]/>.J3DT8[5`6T7VR;.2
MME%CFBV32]0='(^$3&-"!]4)"\@XYY<3I1V=`79ZPX0MPWZ/P0LJP4^4_^=#
MFN_EBUY"FI?`&+T*Y?@)<D;)/7E[Q6M;3Y,O2IZ_VRU^G:/-7"'T15U\(9?*
M%;+@B:-Y8ERR)N]5Z9$=QQ/E!82$#24XXZ0X@V&H3O#&SCQQJ50G^**Q5M2D
M;*Z8<,P5#=`8K?.Z<\UA;V41"KER)\%-I@;(ET%1V/,6\\X_K[X6P&\%)LJ"
M?*7A";C$QC_DMPS-TFB^2G.S*41?2>.]*G5F0TB^<(=5WB+532%X(>4Y"#^7
M1O"5!:&;0N[55/Q4&BW(2^Y<1):%42.(OE:BKR=HW$ZR9WJG3I`\U\)F*QY<
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MQ2*X.3INU\KSHV(9F>*76"ND^)3A`37;^1Q1?;5=YIMK.3.F^!IF'-5,\_FF
MA0M)SP75-TC4T-.9ZLTZ[9W_7$N(N%B4YA3I_<1&(HFZ#4'Q>6DRP\X%R>\V
M:G)%V$YGQEBMOFN?HVK"RD>8U1Q3[O>%[UH'S<O[$\EMB-'>F-;:M!0'2>84
M[T9Q:A^FMCO!44ZOL+Q1W@*;J3,JW.US9$D6'X570FRA7,3R8:E6$W/FA5^W
MJE9*PFRI,>T.1Q$^OI#;9)XM>G>GG+@Y-^+X%/B6HT@E;^AM-.?N+^MHLT"6
M"S?VK?E&2X<?S`X*]WTI(5355)8M6"Y>WB64^EFV\8J6(S4K>/:4TR^"99G9
MQKEXMJH+&8)?"^G8\5#8Q0?R324'CDO,3XUDCF+'?"&WT4P[V1^&VI?_DCM;
M,-H&S.B(-%=VL).QXKD6WQI$S@Z*!V?$\WTE*(UV5=.=ZBB5>'M%+]*R`WR9
MS06+0*7.+!]7DCIWGY\B4#_9QD`EDV*[;L/P0HN<2,7\U_I+IL92_4Z>6K4*
M<FRQ9"Q8:UEJ]K=V6N1%3;=+-LH<!=(%0;9:.G*;8:^=$CE1T[F;5I8M&$NL
M"1CQ0XNY&TB52XP-[3C56+'(;15#[93(BUALD\$XYJ@N60C&5@O&HNU`2ZP6
MJ9T6A6BLH20M5YB1HX:C0BR>DEB<=(0?S;=4S-\&M61B++5OZEEO,!0$R35!
MMD4TRKW]U8JQPJ>?'06?)_Q-U=[@Y[__O)IJE\^S)5)='3W.[Q3-(G-M[2M#
M_<TR;?N[82%\TG\A%<:N(OMZ<V,A57.>%$<S%C>*@Q:FM7F!Q5\P5*YU<_;G
MK__^;Y+T=UCYZDW1=/C;G6D]*SIZ1C/7TAP-V2F+7\UF[LK5\9+JO7%OO"';
M62'#L:49/AU>^PG-?_EP]?SZ>/=ZBV8]^;7;D?NOGPU'<S:O`):QW!^,!Z\J
MTEZ_H(6B>W^Z^J'9KW@SKP]338$V`?AH7TE_`$5_0*LILEY=^WRA*.O7.\U0
MC)FFZ/>&[5@NO#U\^A^6LEXC-3K!UK,/RC]-ZV6S1O;C_!9-'?R6SW^Y^/W1
M$^%:5[K^Z"R1M;W8!TE%,VVEZ/8O'\Z''R1-_>7#_>VK/.Y./DBNH7D@^/Y\
M^^'7OD<)'@*9@#F&-14C&/HGX.4\;,-S]ZLUI@[RU2<T,Q<&+'AO?+,TT_J&
M\+]5^'[TZI>EXOP#6>@):>1)I/Y#<Y9?3<-;\L9<K4T#KW9OW+B6A7_P%DE@
M^^[I\>'U?Q2C0Y#=>WUYC%#?HU&_$WZ]SC;\`LC5>50/XAI!P>4M_N@-D^4;
M^FIZQ'FU,ETL*G)2?T"/WJNC58%S\4J6,G.`2D-:Q*3NXJ\^OROK;9+^_,-!
M%MY(G..O-YBDW#7^*5PA_F=E:XEG!],9`/+:M34#V?8S6A"X)M^/N0X]KI'E
MM>TXP`P]>1N9W4EO$/##`7!Z,/>W=^EO7;/_C+[_15.FFNXQK!,*Q'UH2*%$
MEF@H!8;=;1B&`,P/F\)TO`^`I9R^1U'0."\)E<2VOR-U@?GH%MG8NB"'(><,
M_HQEBNK_":F'3MG?/J4\&/<F1S'*O3$S5^A%^7&KV3/=!%H-U?T>B=U/2.R4
M<\>W._CP*]@FOFD"/ZX#.VG;"%TI%H82&'&7<H_8G/XGGJ'FVZ$ZII?SH,Z[
M6]`(DSOKE/GT_FMA4Y>=\`T8DDB2Y4O)`YN$X892FA&M\YRS0QUR4LH1TT_D
M'^0C1KW]DS2WS)5DAMPF3='<M)"TMLPWS<:?2!^GR$!SS<%?-2U)\QYV``I`
M++9F8^J5S#D%DB/W[.WQ<@^$?XY15>Q'8A0'+XR,>!T+8709_!#'0K>3@#%]
MG2")`\H7['2/Z"X</I7M8EU_M.,=>-4%5MZ&ZK_G;W?DGP,O#Y;+]O+1CEZ#
MQ[U[M/_:V2QH5#;>TZA,'DZ*WK3)5*CFOZ:0HT=6H(1,FN_W?TBQ;.DSU@:J
MA`4LT0123S[+%9E(H<;@J,?A:R^A[KV&PQ'?%"`4MGQ6*@'=&Q)>3,_=)J\>
M!M_7B;!?/`*64PX<==9^A<@%8^L8K&:'HL`_Y_C/5P<K\']J^,_7B7>/)5"6
MPD]I/%N[SJ^.\%EH>^+[I*'_%KM;MJ/-^%7LB5>/<N:PV&QQ^Y8V0_CG2U85
M.'Z6[%.)YQR,CK(R!(D)$LMZSGXOWYA206*"Q'*>4S[KC_-5=.RT3"J/FG!E
M1#7!-+HS+0P[HXDRI7*/)4<?FU[AG=8L!(;Y+D@)DCA]DO@H3_)5G@JB.'VB
MD(L'5NHQ%7BV$^HS!Y)Y;3^/'<]7-U$`5-0MK5W^2ME%PF7:-OU\EQP%&0LR
MYI",^W(^+UV0L2!C#LE8/AM,\C5PJ\F&3+\R`C_G+-'LIU1H5EF\^+)$$M3@
M*\9&FFLZ7D`A98A`7%!'"Y:>9"''M0S)62H.&("ZJ\+W=%TRYY+FV-+WB^<+
MR7:GMJ9JBJ7!'PT5RALAG"1-H0!YB>P+*?XR1;=-_XW1*VR\/'X-DKX;&KS\
M?S5CH9HKBB(*U4*>27>D)/I,>EXKFG%&-ON&]VVZ-EX4YF3")[HY4W3IGZZE
MV:HV(\6<%T'1*NP8_5@CPT82V\U%U:&F$1C;O@4.F[*7BH66IHY)V/XO9;7^
M]+=Q5QY]DA"Y3I,H(&U`R6>O=X33T\LU9:R7?L/P..G0R]$0?I3:O?JH]WIK
M-;?&M%NX=C!;D2DEN[FO,DUA@$(VRU[>*%!C6@JC9BI@ZDZZ;&8!',=Y_MM%
MW6E.M/6[>6N':BL]JU9JM*OZ5%"!J$$55,"J$G6/M5"247"HA((;NZ`RCF!A
M$>P,?_@WX+WL2HK_QHL)P&%MUSZVR=TDB\T6>WD&PPD$"@0*!-:)P)VZK&I/
MO!:E>_I1,Y:%D@B_-N=`N+K%PXF55`\H<&9)73'H3[ES_[G&&0MR$.0@R*%%
MY)!O'K8P180IDHVN2`LP(6H:)@WDCD!9PU"6KRQ)8*Q^C!6-K0N5*U1NJO??
MP&N20AY@I9OO=I)`&0<H$QAK&,8^[N^Z+]3NT9GN!N2O;]$<6997--ZT!#9'
MS-N"9*6`MH"VR.,*3ZYF3T[D<1MI9/9%,*YI*).'S>I5)W#F?.H-<J4IA.(5
MBO>$0ZCUW$`[OLJRK`92W*1L!$6T@"(^CEO39T[01%9;,I<IV6ZSY-1"S-\R
MS%%KHL`H]U8DK]<\&BR$1HVT5029-8S,Y&&;&KL).JLMUC/,U9:"%Z-J+"PJ
M1FU^_0FT2\5:(%7Z.",3KI'ZD^28*5W'>I.PYYB%=*]1G-FLA']VMFZ`Y&EE
M6EM@4&"PY1CD10^+G`OW.9>;I6(LH(&_Y!H6PCO]%U;:"T4S;*_!*++_?_:N
M]+EQ6\E_WZK]'U#[]J4\5;:BPY?&;[?*<]7SRTQF-O9D:SZE(!*RD*%(!B"M
M\?[UVPV0$F4=%J661%I(51+9%@&PCU\?`+I-S='K#[=,"R]5,I$U2Z6X/=OD
MZK+K6%8SEAU=MNJUQ^&8!GI6*BWCS+0STZ7-]+0E9B.9#-CGN[L;AQ4UPXJC
M=LV:I3FF)5?UZM[L.`8<<Q>^G4G>KDG.6YIXIE"K]\@2Q4,=<.P.XO"B9GAQ
MU.HXLUPWIKD;X77CV%';W0AW=GD;DG6+V](G/:X%[LH/L1U7_2QQW8[!U/%P
M2RV/ZCF)<-&]DXC=G>=U3LJAGH"[BQ(>3-T@6.,<7!T!I<*MF-PYW06&JU[[
M^T[0ZBIH1Q?EXG8G:D[4ULWI=6I9'=]Y7D2>E^CWA9>89O*'>8O3C])>(.8J
M:F=KZ$/(QK6:<^R&9'O'MG:]=BR<(#M!GDN:;BU39DZ.G1P_#:!KD.G[.>%`
MS/%/OGS(/Q<^QOE*GZYMR-4]3`D<>WUJ9"S[A67*:]R/"V0H3L991`I:9W/@
M`EXWQP->,R6\*/1D(,W6'#IYR4"PKXW;&2ZL.;&=J,'ZMI@GC,"3-(G4([J1
M3/%$X*2=V9HQ&\WW=\P'XIN\C8;@A3_:=.!ENW5QI3.'5CZ(@D-K5X*E2O`I
MVL4\"JY@UM`7/NW`Q.M\)SPQ[`G%.JWC2B^TW6S-FKN-1CRF7^%LT+P9"7GH
MTR]R=NMULT5*S6(E--I='T_DH3+UHR"(1C*\9P8VYUQ#CY^!4O-<OJ@)@@<\
MUN)U_J&(J^WF%&;.V9E9FARXO%@C.9`_M-K9D3:=]]5>=5+@-Z6U'`^WVAL3
M^ILKY6#.EN1@6N##7&RX(YH[E\M/]9P])5%Y_;HT3H+Y>63%MQ<%_ESOZ9NQ
M-._1TK"E:+Z$47.$?R,_>JE>+-\^=4KZ0I5T?\GTC429(O(IH<USW9SGN+<Z
M%1V?J\/G4CLLCL^UY7.IHXY++/&6#.YSYY6V8G-7VS5KD69ZQL-M)8F5-2XI
MIA?P`'2*01%/3%`T28.HLAVBZV&C*Y13A,&;?W<D=B0^+!(O!.M=AW'.JI`(
MP$WH*<&U8$=*^*F'^?I7)L=FCL0JH=,@P2Q;7T7#<K4>]ZF+Y0[@E"J?5Y'7
MVEV]P$-[X<-&N$/(55$>9N,_3L0/,8P3`$T(HH1.Z@B2^W9#CIJ-LU?U<?6J
M1+E6H^4HMZ;,792CG+,,SC*L+%Z?N/H.4=_)$/XO$JRR.N)*\3`I=\C9*6L.
M<^<.YM:*\!N7CF[./#CS4"WS,*DO]L"#U)Z3Y'BDB8=>?3+W5=)7+';C3,1Z
MI&L[Z[HFZ<[*4LY9"6<EUNK?X`F5<)N99W&D)9H,%TNLH[-=ES)9LZ:6BR76
MC25*2IRS$LY*K%X3,<%K1I-S0<<L%.9J?7X]*NN:[%2W/&V;C3,'>6N9BAH=
MW:D0W<!2.$/A#,5VA.MSFIQ$_9-8*!GYC/M_ICH9BM`9AK44U0&<H]L.8XA.
MX]+%$,XT;.MV0=;EI'P9+J>?[@C3II0KB6R.<N-3$6UG$YQ-V))XO>%::N;+
M?E]@YZNI;E@Z[6GI2Z[*%<%VBNN<X$TJ*[8:IXYP.Q`X9R><G5@]K90,A*J-
M5FY0%V#_6MRM#_K5F,X0D=3I/%2]*5W3"&8/9LE[<;>/WX^+9N;5,NNF=/6Z
M[@_^<WLC7%OA!0Z$E)UN#8UQO4C<+GO>;#^V@:QP<]:N=;IRLZWF/%6[N=.X
MI""Y^;%87LK^W8B'3&")WH("S^]$7R@E?'8'H'VMM4B.819SXNCW\66&Z\67
M&9ZKS+IND>OF4T)ML<CUW:0,M"EW?1_"`YKY.6G0GG$DC38U=@/)>S*0B83O
MY/6@Q8\8C!]\MY\FJ<HK.H5:_)5BMDTC/<6#"&&(9,`3-N!@)WM"A'C4*TC]
M0C%<&0*E958(6PS-,S@+&E4!@X>ZP=ZML#0.R_!%(A1H`7S3MMF-["23/*"&
M5<QP=4WJ6FHF(WRM!:]B5HF+QN48JBQ8?:JQ4HD(N:%J[E%HI%+6;B8G/1;/
MQE^/!M(;S+P=4F',G"0"$CX(I46#(=,GC6LX=@S,CF=/)HO"9026>B(MAGWV
MU!XM-7.QR,YY&.')1$9;R4,2&=+ZL.;&$@U=116[,XJXRVKSR!,DN.6+$0\0
MFSA27#U.<=60X1Y]326U0+ZNHJS<C$C+GP,NB;Z=@N/D5=$!`,I7'"?F7.4*
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M93-R!A@HM\Z[YTX@G$`4=Z>;FP4*SA`Y0S0GY.`!YBL]W#H/@G$#91GZHI<(
M/Q1:+]HT/#PXJA=B=%N.935C6:M<3M"!O`/Y5?-*W/LKE;:,'_,B7;(NN`.'
M_8/#1:G&BXYE%6#9Y86#<P?GA`*%YU[34`E8(Y[HN^<R-`<.N>>EPQ3\=SQ`
MB??C3+-.)08BU'@&S;GPM<2/M7:('<?VR+$3!_@.\`GE::6B&+)D#24'%/L'
MBK.N8UG-6'9ZZ<#=@3NA0)6O9+%O&-C/V=OU3XELJTC!5I/`3B*<1$SOY-3/
M[E3YV&CE#X/>10D/&"Q)/[GB6S@86D>0V.ZY[ZH>0ZPQ\)RV2YU.=W+FY&P]
M.;NH7VCUE)<NL'HI]U?=N?B5_!]WL>&`&%@)R*WZ?;3*!Q9SBO+4ZX)9%=+0
M!X.9AT3LP\6WE^U4$H(GUE\3H;9GY+&PD!C&0?0H1-[PLEXYF2IH][[CSDZI
M.S6.955@6:GM$0?K#M:?$:B/F&4W=?C,AW&72E.3,=2"864V]5"SC+N#BN3J
MW!VQJ1O++L\<NCMT)SXP'\5"@=<>WF<0G]7W]93P9<(\KM1C/U(CKGR'\74#
MC-9QZ\PY\77C6K?E+D8YG"=-SO`8FPA8A"]"NH%[<R7J)!GP\&12K5L.8RZ5
MJ5[O`*1F`.**X]2-8]T-ZUPZQ'>(O^PJ+`*_[8<A0YWB'B>L2CYP;/?E\/UE
MHX5C6058=MIT!<H<PE,C_`36)ZV:`.`3E=JV4SQA??#BV0,/4F%\_?QVK/AA
M^R4Y(*D9D'1*Y08<RRK`LE.7SG'0OWWGWA6Z>:D`4JILBN-8!3A6[NB4@WP'
M^<\(U'60"!6:?`V#">4P'2[:IG5@43.P:+O2E2^;90[?';ZOX-(7BQG8K,[O
M-^]==KYVV%#JE)YC6058=E;#@Y4[QW+O!5WU7%A#QE[[K)4"[Z0&QD9M0UUA
MCT7',T\[]?+]G:S55];.+VN8E'(12U4CEM]YD&:W?8,@&F&++`=E#LK<=HB3
MLQ<B9W4\E.NB0L(DG(T&#PAM_"CM!6*N9G:V!C>$#%RKC>UN2+9O,&L=-YOU
MNO'M1-F)\J);K>5$^4!-\\L.96L%7=.J-5'$[4'1.FBQTBJ?%\MZU?%SO%IY
M,97`T7;G*8MW&>5TET0YIY>4.ZKY:)N8T,L%%I2M_<\RLUO@VL\)!^D<_^3+
MA_QSX6.<O\Q3@@VYN@<Z@%"_/C4TR'YA79+77?A-($-Q,C[90N%I9'/@`EXW
MQP/>#03#TH8\?&1"XUM)/8!AN+E3\R3_R;AI.9HPF<S;5F2C@0CA;TQJ-HR4
M8('\+H)'AC?O61@E^"'!T5BD8((X4F;XJ`]_$'/'D_!=?+"'=;CL:?`&NX9?
MB@?I8T.\8P8T&\!0V-OZP5X!"L6].4=X#)^$KUD2X?/X_43VI;`U`6;XO"95
M+16]*-0P`:Y>AFS(OV.Y&?M2@*(@\X:0#?8A35*5OPLOOKWX(;4I4C.'#&F0
MR"%/D)2^B$7HZV.<)N8J.<93-/@\[?O<B]`4S8'!:0>&M]5IOR\]B376X!51
MC;)C^T@*'L<JBI6$MV7>@"ON`?W841\$1OS@PS@`K@*H`$&QA(-][$$HG6+9
M!UL#PHCH*Y"=9""1-K0O(*;+2\1"R0@DZH'+P+P*@"`L&#EB.K;P46,64>(R
M`-'<*SQ<:^0*+0G?"4\,>T"E3NN8=F3BA;:;K=D6O!N->&PD(\=;)1`"$9``
MJ>9EYI#VLW'R1BMH-9JL1SLD@#0`!36A4'\!^XE9.L>HS2KH9C)XZ"HSNZFP
MN<J`S1SQL5-".\$3%X><=\0*/&?3IDH"`-^D'9`>6\9>[`HN:(.A@SS/%5;"
M7D,$[S*[G]A7T3##[4)QJ08Q@>_('1I?>."0:M-<.EGPMB/:24&7P<D#ET.B
M3YN"LQ01\QA?1/-`&#".%<0+4:J#O.P7VEQS$-+$`MSP.PYX&*('KA-P?<7]
M([(VU<+<1"5^?7NOU8AA%A0IXP4'J6]#B)_`U[WZVV6[W;RZ7NG.*SM"*7PU
M?JYUE4<&F;>1_Z5U<06^,L0KF#DW@_9X8'@,<9^A2*X=QD,9P@](E%FYKK5?
M>V/N$D,D8:4;?8WKVZ\,S==)JV7=-/#)3$0&`O3DYD)/)",!H6[>F-U$,C%_
ME,1(=<_^3)74OO10'37&U1@-QQA2)HF)A0_<V=B&?YX[&X&.T#,'-?K:N&W,
M;\7YN`T7?;8;WF94'UH/?1'`F#[44\U%-P61.39O4W"P>3)Z>#`_CNR(O2CP
ML[^;%#2F$Z2W*'$&4D#%IQ4682>]'8#)!$BZWOG,]TH(Q/U:HWXQV3DP\03J
MLLZ(2FSC<XHQ/HQ@=$R9#@VN:B;`;'@F7_DO'J:8R@*3T^I>7EAW<_*HP2'X
MY&=92X4I6E2WR0BW(DXL7%\>H_UJH=MB:Q\9S1V*9!#Y"%,>#SST(_!=!?<&
MS`>_02?2RVKFJ2GMGD8Y&+,PV-@`L=XCIB%AP3P>L,X1?X43O1.8FC0O\%8J
MCY:N\`:*?033#&_\MTZ'';6Z%]U7\PBGTUZVRFSUOWZ[???A%DM$,70(81Z3
M+H["$U]JDWD$UY?%J=(I1YL>`7&-Y66ML^99'B3@^KY%ZCN[0:H9T/O(1^RH
M@*B_?KOY6`#15]0I!NJ(8CZ^%W5C0EGP0?HR,`XTD(^)'P/9DXDE,?SM0Z2&
MK-4\^<6068;PWZ$))BQEX\C6\PH>J>.BW]`\XS**?(@2P=JOV2U`D>Q+#[D*
M[G24AD8)OH#U\I[8.UQU/U7&)()4>*G6)D!<;`:!3,3LG2$Z[?C+//<-=K):
MG3E;6<UJ&>W/:7(2]4^^V*S]];C;RX96;=^;>.]2E6\X]2,47O876!5$2,`L
ML`GMZ;PSQH^!L(EG6M&:\@)A+:`^QG+QX%%+LQ,GPH'YAL@V@;Q'&X)#D*LX
M_&!",>+\='&S,HN6$=NRQ>IC:LL?6G!$:YT&R7%QZY$X=Z-4I'1NWH"")A;%
M^<?O2TS*6>I9RSO>0K;)([2YZ"[`)R5Y'B?!KS1PWBY:SD;@M^_?5MI0WB:\
MWR\8$(K16]M:[)LT`!T'*O\:-5BW2R?DBR*$3Q-F4P?E*-$@'.PI`]C42[::
ME]M_R[?93G^.M^^-(VZR,%_`J"CV38!_^DEJXZC;*J7_B\<B_@=]2ME_))*;
M96M\,CV0YVT&#69Q'\:E5&_'7]H&Q[PHSS>8%&=1^_'\`K@7TD]Y$%@+D"6?
M^3TX/?>P+.H5T8Y'G`\7U!EF)H<Y^.;FX1%Y;T/)8H;/^`?6!@<!9N5!ANVI
M!F-81@/I41OD*3M`.[3=E6D8C,!C(O?!X],]=_P#,?>,M:,=$P@T:49H=!C=
MF*F4VZ0D<D'9,7YYEML]<W8&-WU,WJ,0,&&.?]%^`CQ%G.D\G[VPO9G49YG.
MC?./=8AE[H!_-LD"MN<KP*E.E.RE*!GON<)-&V.5W@J5<!"?#UEA[-NT!P9,
M0H0Y"7Q;[:OI#:?<OJ(TW5AYN,.=C\(#M[$PLK?[5"3*;4$NMQ"[;8?3"W>B
M%L9M'6JS-;V1,?'F!34.CW`7A79(3,])Q+,L%Y-OOGFV-##^JA=%W\<-_GH<
M0TZY9/\"#_*AE-OJ\4#R3V]NKMG77[9Q0#330MI1[78P!I=FVX8X"R4Q,".W
M_&-6T*XVQ&,8X3V0@SKB303QKNZ</I.;O3NX:9B1YR%(0H`NC@P?A$ZVXI2(
MS+10I[0QB8"G"SR385:B'T!8)?QE^DM_ULR>`T&<P:3O6B<<EIB-[659*[<Y
MNGNGP"/;9EIY2K(C2RO/F.Y\1C+H6WE&LLV.E6>4!T!5VIS3*C/N_G!$_P`0
M0!T`'[\>@#[NWEJ1N8(5EM7=VPZRNPC.6NV5CV3A:(5Q]1`D9_=4O3D`JAY"
M;#4\`(N\>^VXV[U%)CN-5V%&SBG@7K-CV+2).^)S0\27T<B@)=L(H1V.^#HM
M=6:_D/(E3F83YXZ)F4PL@\2W<LE\26('@]B;WPIK)?5F*_'Y<.JKN+3#D645
M,MOM$;\N\?J(CRI1'W4FMAV'1#OBU1$C,K%U)`9X8FM&#`'$M*,^&DH,`<1*
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MN5J;^(M.L27G5'/BJ4[&4[V)6R57FDTR66EYF;@T(YB?B\?1Y[5:O`GSJDMS
M#J4O:8O:+=_#,GMF$0NFQE_0J9*H:^EY=WKPO%OJLN'-,RN-/D=`5YE@J8@N
MZSBZ'XV9%H=.R9;HY03GJ48L(_YY<WL+L8.O1A&G()51D%:S4763LG,38=R&
M>0;A:X@U%N]#^7]9KY3,-T"/!KR80L<#K$7XPFP&(1UG:RV6T#>%<EM*W0A7
M?GI19NGTNE,]6U=35<8(Y5Y%6F=10=X"(RL>*GX^RGO'O<H+=7V]>U,L?FZ>
MP*):ID$S]K!*^'<1OGYA:E]",Y\??",[^.)49YZ;N&7G;R.7CE#]LK8./*O*
MC"5]#U=O]FK1VN?.HKT8BY9GN$Q?1VN^]#+SA8],LEU8:SM-3+G80`YE8IH;
M53#UL=4<4UD]WF`Q>]7[H_;Y*Z?Y+T+SGPE+9XKD5U:CJ7-2E0IAUWI'%^PZ
M@'#!;A6=]GJG?5W`NY^`M]C,S@6]>[-L<_J0.\M65\OV7-!K&V>95LE:)$F0
MM9,R?1G!IID\5)H,(C6_U<C>-=*%NP2"<E)=A7]2C]"I.UFD.]M#I2K*["+=
M2J'#^9F#AQ<`#R[.=9NZ^U4<%^&Z+=V]6[.C\U:%MW:<6KK$T\&JI@M#7XJ?
M^=*S3@>ACD>GSE"^%(54PD\]C-G<@2>7`7:F]X5J>LD,\&EEE7F%[.@\3?.C
M%)!KKJIU#B)EO`E1'/YD']'ZC7]:OV/[Z9R&[;ONMI67&?`C>#Z,``C"1'HR
M!N?;W.:?H?J:*[`S<M\W>6$>4`]L$]80+2CQ()06N1<3`OE9,A+!@V!#>'*@
M60]B#9^!HV,""XPD/*$2#@](K5.AEY4JJ'X+M4]O;JZ!<SZ3$"Y];=PVF$Y[
M6OJ2*PB46%^"X\;M'SSPUA`G3*#5%Z`9P)="+0DEDE2%#?9AT9]@N$BAG6@!
MK564W@^(V8J;D*;2!+S#G\(S#!8_8(#0^)H-9CU7+12P%]>"3NL`;%D>4_K,
MMPD<-&83SN<,M_L4\*P/4A-$L0DRC[.:&^.\3X0_:G2-^RH:`G&)WY*L4:@=
M#L^]H8;]!N\4IH+=`G6D1]YB(03*&<G1*5#_$=P'XAF0]D:VIN342AZK>"TB
MHX7$4A)ZU%5=<I@8(P3M\/,2,QL->,Q&`^D-C(;;J!0$`M0XC)@WX.&]0'P`
M>#+1J46K!KNQAJ`?I2H9L+]2KD`_T-E%2#@V?\N-H,TT^6-XP`!7&#`-(@\T
MJ@`].EM*'T>%\2:`DTP@J=Z6A+X9)UJ.0M8NM]&TDQ`W5P&8`Z;^`L;`CXB+
MT1G+ENTJ!(]`&72.0N+6.L3416`C7N#77XC7V"<OJX^"B]L^&D"C>39V=@!!
MB/T=VN&H[<7G<%RDHWUZ/`=`8Q4]2!_TA6,:T1>Q@/_`A$K$D3+>VS\_C?V2
MG[!_*_[+WJ8:P$VSHY^REJ[MYM4_/_WV=OQCZ^I5@\'LU[&2`;O,I\;O(-;&
M48B3FLT!`'WCQ9GO_RL-P8>8M]+)4V91D[E:%U>:!6`($-2-QS$U*36#KDW>
MA7;48A:GTF!"3]!C]`4L;R$&1#^A)T0(O_$$N/F^=>"-V*!51\M=^)9]-`I2
M$UO4VG:_&T<]G6FY'XK$Z@D.^"U2W]FM<7+>B1@<HV%64/`.?"BS%X!4^@`N
M3^@9W\J7VDNU+HXXI3=(>0C3,**B]QQH1YP<45/BGBN_F`<@=H--5J&XHVDC
MF^;EV*Y0`_5"G[?Z^CO/'[>[O@.[XT0<R,XA?9T4W=F/[<G?%+31SO/KYX_T
MO<-Y#/[7#SD$'8%P8G878:/Q.PUBYY3U;'%08G6NM,!B2(VL'\&K$P\M?L02
MG)F>2$;HRQ0CEG:W$+',7NK8:%KG$%<<T+:0E,W-,SK.$.CQP"2<C=<WE*$<
MID,C?IX2ODR8QY5ZA)!\!$X6LO8_V^V\+G">SQMO/EDAWKH.KV#@E]COV<+5
M__@YU2?WG,>O;TS2$=SG=^`I!Y%.E;B#D=\$D??]O__]WQC[1_[-SQA\W`UX
M>">&$!Q#3'T#5)4*7?"/D=9"WX0/0AN77'^!Z!GH=1.:IY#^2@Q$J('D=D9\
M`F;-OG>=)$KV4K-/>1=]X>;8J@<$@*7\)OK_]1\??OO\Z0\(Y9NM/S!$^./_
MV7O7YK:58VWT^UOU_@?42G;B58?2$B^ZV3NIDF5[1>?8EDNR5RJ?7"`QI!"#
M`(.+9.77G^X97`F0(HD&.2#;M7>61!&#F:=[>KI[^O+U]COLD7[\VWLWM,/G
M[WCY>M$=G%Z<_H+N33A7G.!OOQR=_6+8UM]^N7GWO7O1AU\BUU:#?KM_]\O?
MCP;JUC:#9-L++<+\3HR%#XP(SUS!N\+@#].)I&USY3C>DS1L\LA<W7^__9"!
M,5@'C/-Y,'(HK#"/XL2_>(X]>G[P'$OX;U601G#E6M>.:4\!,>DVM#Z+6G3]
M'K_L^W5ZPX+@AV(:7/VT@_3/MS/AF^B:O!<32:9/4IRF?Y<F)/[A;13`O@F"
MY'MRE.G0_O[M_DLTA`7%MN2-"SL#?U`#+8;T8A[2[LGI/(.MBI3"%V;S^KTJ
MDO_!]Z9?81J!*0/?@G^"F2'YKK3>V_&].14*OW8`?A_ZT2@$\6/%D`,B-VXL
MJ/$"?F427)9(T#]+2%`;S(PF\5_CT0X,Y,')/,B#[D4>Y"(Z&6I??#&UHVGP
MWO1=R>1J(K;I_`Y&OPESR?8:P!'Z0)U`SA*/)NN=\.U'>7('2Q`?%!"O$(EE
MR'X7WL0W9W"ZFTX!]*O`-E\"HUL"(P\%W9*+`O<&LQQQ[J8#Y\[4<^\?X#P)
MBD>,_.PMWO-],9_QRU>^CQ>/*CJ]!H1Y-$[R8/1R8`1R1K`#NR>#WN"\H';4
MG'O&4A_Q&A,&A$]+?%'C=!STYZE:D")S;YT["^=)7DL\6,+^_E%,3$?]J<">
MU[E0`_7G]S_C6)`_3-]&(&_B/BSRS[8(_KAY_Q)##TH,?7I>.L7FUYA1Y(,0
MR,!WPIX.(S^HSVP[@.!TP9Z.R5^YQ`P!U!A'X>WXL^=^$3X8$U/<W7=V\./6
M+>WKCS!'VYD_J>NP;DG+O>SE)[_9[++5+=-U[\3(,8/`'H,DE=JB]>](Z<IX
MX%YY(_N#Y]^;#AX]\-,_?;RN]IY<.&0%:#Z2/%_1&*,1345<2@KO40&7+:R+
M7&=>_:S356<>E'3FH^Y)2=JLK3.OK)_M`8)EE?>D<%A5:6,)LLJZ^P`&+EIX
M(O,#W"'?RENY)6*IZKRRI7G\/;.2T_4E<O@.@,CI-7,XI7-Y^YS^^`\;L/5'
M#\\?,?"Q`'OZG1MW%H6!_$)O\9"I/+O&_9Q.[;-7%GTE`HX>A!4YXG:<CH?;
M>P9:7"BN1B.9(?CV^9/Y;\^_AH\FGO]\.Z[`(7N%0O\%^IZ6M>VS^0WR,AF+
M9$^_^0D4F4@I8V@"?7.](<:"J6,3`84!/%!7'5NR?3H<*&9V(-\JAUGS[%K`
M)`G2W^[E9L$MCCL_1+7\/AI:]J.-<:T-<$S_)1J4E/R+>1)00TI#L*`X?,K^
M&U%MFX#W2D(M/JPI,%^*RKR=%606,UAMMR"A)V;J,[B67N-W`B2;[?DQ0:>F
M[<+8_Y3^6&%=/0(TD]2Z^X)?M6H=2=*:QSAFVW&DX:C$#2@9J9"YCO4587VT
M@S!!.\.W_\O?OYS_Z^33R;N\7=;,6G<G>Y;Y6Q*1_=D#4?/1,UV4-_':W<F=
MC,'!N;Q]SG[^^CP3!=Z6SV5_;TPRI=]99-2\?;XN:*BWXPICJ?+AYR\^[$#_
M62E60'?_^:7-6;(0NV?=7CL$(A47+3_!KK'?9XAI*)BZ^$X,P]Q>VL'Q5;)G
M+]I++NFV'0L?%/_04\NO)4P7*ZQW(K`Q(!1$X2?/#R<@V-Z:HQ\@Y2;"'3WO
M@(XET[Y?\LPTBW3S5+V-PMMQ8V3--NAT*OQ1B;*9N;X#ZI8<%-UM$#<'>&/4
M_1VT!/2CW*CVT-;R&],&Z:ZA:5%V@/0;)/MZE&B,(91B>!.7:GP7IR,U),?A
M93,11J:#!S%0_OU_(GAVIUN]Y+-IAMK5,"^@:N*-D"^U;N?&NY8I:S<NUF10
M:DW"2B3>M2V`?E9RI!QU2]?SM=%H;LM$`(4L/%7G.FGQ+KGV?`QX"46FJFY_
M8YR5'"U-GH$II+JH-9O2+X7<\\$0=W_WP`QW\:\H\79`Q9+WILDC;:N:S'K6
M1YW]N-#Z^.RY#1L@6GD;SDI7\5MAIBW8/"\Z'GJM%0`E#U&3-"/T-Z2NX.WM
M\\2MVN"%V(OD6A3O4)]<RP!=0++D$:F9;U49U9M(Y>CERY/%VZH6BKEHGO*=
MXIRO_\;]E\S<(+D"1*RE05H.0<D,-7E9/L]WZ>-ST_MHC^?=\G>X[`(]/JE$
M`(K3;PFWY$G;S5,V[_B9/DLXP2(\[L711JN20*\[7I)[%D03G[D3LUA71\^=
M'59%6*0QZE_%Z,&U_Q-E0R!R.`EA79O!PP?'>])1T2EY@OKGE]L]-JM7DH^Q
MN\;\&!CF2I8PR^W-.N%K%WD42JZ1P47YYK?&1#/9-A>(<2TYQ,?,\N?/(@S3
MAU/,U[PD6DCI\W)(1R$4;>V)S6>1)(_G(E7J1QRF_/[6E+?.]P]"A!^]."(N
MV6J?0/1%TZ_"G\H-#WM=RO-<ULS<ULLF=N,&H1_A=S`:,1WQ/7S=LH3UPO8Y
M+[L.2KMG560R'BFH+;B8U,:\=6OY*Q>OHV0\QURQ="H5)W9.0L@3[XOP,6`9
MS@NZL_I3Y(3VO1B%GG_][G:E\QG,UUDQ[E3#XWF0)TC>`(5C2.#9?-J?.YP7
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M2RM`[%`"E),H!I>E8"<*<':KM1^@;"_=II_55IYTMK7VS#"Z*-=/:`WYMA;'
M.;_==+!9+A;E3VA%N*U?B^]I6.#%*K?EVMNH:]=$T*N`P1K&:KE*Q5DI=ZT5
MQNJW^Z^^5&V?8<-F:DWSNVZ'9^)ER=6P,YFZ"<&VG?.ED3)Z68Z*.-_<U;`K
M$JZ=KMF0:W:7A"SG5-0^[C)!G@1^WKK99U3E6E\,\+F63:5&S_=/YBSXPY[W
MP%0]'R03?OO\#V%-I,;D*.ODP9X58/Z,C7,",$$Q*FQN:)7IF)9F*@4SQ<;K
M^Y^J85L2S)0+(TK<1[FI%>L8OEQM[K*4X%#66U^D5.9*^ZR2/`-5K?C6K9YB
MEN<F*Y;E5TE"]/F*:3)8"79(-(UD8Y%%6:<%TFTZR*+26TH$X`.>*Y+26SF%
M/!E71EHY<Y7>7J)BR9^32ED2JA1W[C^$8WWU8N'QO(I7Z*M00<(M\)EI96=<
MEKPYO;-^J7H&`3WFBXAZ(R&L`.L+QH4%D]%OQXO>UDC5],N2/Z17*GZUT6QS
M=8'-9Z34V/,=-(03F]9:5XE85BB4BAVJ@BZ6K2%;)8:>CU*_VLR!<VOMR)0D
MF!V.=6'EY,5G+\0X#M\J?)J[@\C4@16>H]>(NR_!6K+F>X4RRE78[5HEY6@4
M0NVVY!XX+\G8%FJWR9>4HO)"/,(.]=QB!EBJI"QR*2TB(Q@D)26H1$9-5-G5
M2U,<FBI[>5+R&1P5A#&Q+INZ-.%;JJ1O6MLWFW)5)=]:GM>O7KARQX/+D[+Q
M?5&ROM=9QVK:/*OHJ^ADER<E`[IW7BY9OUP-;4KOWC@/Z/*D7(>_E)6]`[U[
MW0+]5#0NF6$KZ]TT*9,W[IP0PR]/7#PS%\GN6Q_;(\``P:(\2<(J`K$/;1LI
MZO53#')XW([S69M_O*@J7IZ4[-$ED4>[HW,+^:]6@83#X;]R'XE"N7V]R)VQ
MX5U9PT_\V?>R<['4VZJ4?JDJ-7/&+2Q^&(-9<]+%LSVYM[T/O=$/I9J.0(V&
MYZX]K)$=/M2LR[V>EEZ8SDM,5X['+UWBK;*\C!T61Q9B\6[;C;PHR,Q"A/Y+
MW(/\HP@"[)#8[7V";SX$5Y,)-B4/14R?S/BX<7-IWW2J^VKU'!=BV:VZS-X)
M)!34:!WZ)>.R-OIKHSVO-@>9>8-!`N8S]NX)<M83?`J&M"6[NS2J]'=+AN9Y
M9FB23;U^;]?L-+IQDU.G9JNBQ9B4[T=+LH]P#?OEL,\I(:KR2\&''==(N1.`
M&2;N%ZN*9![6E_9TR51=UWM?;27>P)@V-@G,=5Y"3>#6KUOJ:_%22G9FN1SS
M)I/=2ISA]BYL+KM55E@KXOAV4MF_[O6-]O%)E]UR]'7W?,>!\\ON;?8JS.^R
M6S*D3GN#TC7]-F_05K>65KI!2R[/QF;DA!@HMG^79]V2C7=Q42+ABK=G*<57
MS!]#!X47A?>`D2,2E_$[9-LI*DO_53:DOO<1"T'ME8R][FF_+)9(86I[-?&T
MT$DN:$!39Q[Q+4.OG)8]SRH-D[/(.W'K3J6?P[.9Q/X*)'_K>*,?];3@;.6]
M7_[^%R=\8]F/?YF$;_#'F1&$SX[XVU]Q^".0<!/WM2/&X1O`%(3I4>C-7G?[
MQZ>S]).A%X;>]/5`?N;8KCAZD"7!7G=[\,%?C63D,4PY&1Q_/AJ;4]MY?OW5
MGH)=_5D\&7?>U'3E]XX"V%:ONR<S]=C1DQIQZ#E6\EJ<U.N3]`V8465T>Z^-
MI-.JD;1:Q7?_AJ,D$_EMMLYB3THKO6QDG=7+N@J`:\?P,LL8/AN!6I+A)ZS1
M,4S7\)(FM.G?[<`P@45B!Z3AC>-?3??9>&7_^A=S.GOSI^[9R9OPP0P-X:*2
M&1BV:PP3\,P1G"S*XS'VO:GQ]&"/'@P;O@PV<P`3>!1N).#M%CP&/!X80MUQ
M!QUX0_X53P]@S.;F"!L5#G-X@R_@YTGDF+[SC`/:XDFM$H20<?U@B[%1(MV&
MV"HLTV:]!FP/F05B?#)_"-\(/</$XSN0K\X5XD+D\*,$5UPN?'D*3TEA(C-)
M#',(IX/\GNDXL9Z`3\)*O<@?P<3@F;EA)$IYF."5,<@6;'=?`#>/DP@+@%C.
M2`Z,M$T.KN,R0FUB[J](Z)@MX2'%A,`:"1<*Y$,?C?XQJ#F*AVA9(K]K@M?$
M_-;]U?AV?']LS&2#YYB<`H@9AY^\,7J_PF]P=KF2M$!H9#!49$<A:I%5C_1_
MA9T<Y_J^,0:_&J;U:`>@.AEX#MG`;6_D**?X/=<"Z_*8=E7$(.5X0&V&BU[W
M_$VP'+E,3L%N4*(%T`H??"^:/!B?8S0[DIE>!)AV/6O,\]/;FRL#$[>/E1Q%
MH3A/S,((,ZG9P%3*8UU'X1,ZVBHD0JWEO(NDN8V:1$<)YGB_@I0*/.=1J'G'
MK)9*.)#BM/,`$0;SB&RPX6`ZQ$+@`4^BN*<M\=A.[@Z^XC!Q[/]$TFOHTKYV
MDJ=585]E"XUIUC$^"=J7^[9E@UKR(7+Q`B*91<?X^/':>)5,IG?RYI-0WTP_
MZK[YE5I8W;BPIRQY8=1!!0=A&<.I'#X8_XE,'W8,DD6Q-SU7)9N%>"](<P<5
M+]`K:(<&LID37TC[!K660#A.*ENDGF0$T3!`LH&0`N10?+\UW1_X,X[]+\__
M`0P%>I!K)#4I`/MC^"((L!!M'U0MX:^T$W\BQ@'TV?%8H!(,>@?U9,%6`]Y[
M)F;U+C4'PZXX)9XC[$"IY!;/$O'3#L5+!R#M3!I7BMJJAV<FF7@TL;7&G$Z>
M'E_$9T9BT1+3!426D"Y9M%U],79@3P>QL8'+*)R-H%0%LWC3X^D\\[U'VX*W
MO&"2>3%7T\\]-DL3S'.FZ;&Q4#5#WY`-UKFT56,O]1P-0]0>)W`FQW9]W!=6
M#I/J),J*S:MW",KB'8KF&GS!)U8GY(ZA'1)QPZ5F?)"L%`$/?TNT-NJ3&QC*
M`M.#6)9)U%.CD%HC2!U!U*;%^_2`W;9>1@Q_E9H]0X>6%P72M:7B+*@),\>I
M"6\1OR9OK2A1D/!9^A<_V4A6O/_C]9KHA0SDK4F%CQ*$L?!]):1,Y7FCG7EI
MIL1DAY6!A=_]53D-D=ZT+P#N*8FCE,@)BI9M&:XG/<*^""0YC'&$SHU,VL-#
M\E@ST,>8/R@D3:7?]\EVK2,,(I,^J;#"+Y=15M%*72))*N/ULOR[)88@2-.$
M6"-O_.:9(98IS]*;)?VFF;<9N0FO4+PIL<@?F0YLQL"&1TP_X3AUAB%;QL;Y
MTB7`U,9@U&9>ZL"<YG6"U.&K1/*@B&2F3\U[F16VZEG#Q4"_>#I!`1H,IE(2
MTWD^-A8YSES`H71/D/F\#&(N#1*M2AJD4D1D;X6M;9-+)'4UL,B93_NN#C+*
M$QK!*<.X-NRBG.(0"G,J*?C6,WT+"??.]F5OI`#5*\^(@(KA@]QGF<I(?*91
M^P'D#<</\9P)D?2ZHY,HI?,<'%]^B.*]AYT)*W(-XEKXH6E3@SDCYB'D%\#*
M]L@U`!FX2:U,/MG`K$HA*Y_UR>4=[3L?3%`"AT)04Q),MOCHDS*3?'0PA,C5
M.O*M'(MG15"95!0D"C?Q;JPXC)IP$N#%9S,J';6/R;B/P+B6?(*2DWBCREU#
M?'D%\EJ6R#<\XH')72.8G$9M+V09@?2B`L,EX.S,HB24WMS):Y@=(W@`)?/!
M<RSA$[-+;EL:0@8==W)&V<@,'HRQXST%G5BSG_\4#K%Q4J<X]P=I4\#)'Y]P
MTO!%,T18QX91URMZN;4@H\5^T3$HW=Z3,ESEQ460N`7!GK%$,/+M6>(J$R9L
M]]B0J+Y[2^57R1X.RAYI7<%2O^)CKVW8AO9H`7SR"O^+NL+_$%_AI[4W]L5A
MWN!QMSP$(A?K-?-MV)<S:>!*5^VH*AQ"F8R9M3I)>I]@;$$0*:LV^7+*Y)&+
M(]JY\`G;!W$&FCZR<6Z,F.]GYG/B3U5^D7AJ\$$G#A=3P9HH43R,-S5B/=90
MVPPO:M7*:=&LP!&6G)GZ8.<]@`9J14(!E?\+6O[H90FBX;^E+N6!73X2CE"W
MFRC61V*&.I899A!.S6=U2,L``V1*0""4%E%\H2"?S0]6/;%H!O+%4E'P*6Q/
MH'P>9R^3)`RJR8LRFMB=$KFV(NL0N$,>&GB#(&U^\^>1^"FFLSA<SOPI.<5V
MT;4B+&E,`G,H$B>5F1'9M#1SP>B.0N7Y`L1"WQ[AB6G:OO1#=8P'83KA`QQ'
MO@0NM,,H5",\`-S`6@+V0H+0V!QEYVP882:0@=5#%'1HK3]X:.U.##,*'[PX
MWQ/7H-@T=1UAMA"QB9B\*$?T;$_.9*"_,$0<&ZW8+.%DV*C_EI=:\E-T:(GX
MECXT9:Y3(D)F$<"&//.I2+SXJDN^`P1(\E[YIP@-G,1MF)W_0+_BH-DLD!0`
M$*;\H;LMFL7.8/28F3]%ZCZ09U['&$O10:QMP9M\>SS&`]=145(J_A(],:EC
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M`4YAC.EI\LI67:'"WX#[4Y8&>BA0IG'*(0(&_#^UW=CJR!'GR8L<2R6F!.AT
M3+29XT*4N1-X\>*#^9O.=`-F#@\3)HAY;")XO>04BYSD)\>N<:#5/K_4`"G<
M;\I3=FR=9OK[AX_:SS%&,]U;G[)KSP;V3"$X_.;3=3XN7-ZH-P#7)1U8'\UK
MS%421EH9U_@2AVO(V'<0"7@?#(?CD?>$"7WI_NJD<;'S\C8189E^@2;S"(W`
M5/HEP6P%.0O6MF]<O[LO6.:9[,BL'6DUHJ=B*##A/9,ZHUC*RG,@R`\CHS\"
MSZ$E_R/6X$`1EV@`Z3$QSEN?F1*"QT<<S_+N/C;BJTRRC$=^RV25_C[&'"<H
MD4VL69)?'1'?\2@ECOAJOZ@2TAL:"U7"_#Z4Q_W14&;8$RON.1EP/"]+$JV'
MF(^P%QZ6K#Q*G"TRQ2X:'J5_(7YC['$D]F=*-R-Q;)0@OL/KO.BF(XY%*#G]
M8I\9]6TNGD'4-I.,:`>=VG$,WS.18X:^;4U$P8'<B'@A)@+F3,E[0WEPY[W8
MF6\Z=5':[M@WLV"_U"TK`QU1]BSU#-/._'<E#)MVY:C@,Y2IQ`>0DM`%O0IP
MC@-)T8X,LK*0OIBIDN2J7`)>\TO_3.ZF7/E&8E\XT`&^88]M^'7F>8ZLT1!'
M!$@#SL0QTWIE<8A_T@_1F,:5P>3-R[QJV$$;.(C@N_)^0_Z>!'+)#^1HL1@%
M]K(4A#!G&!7>&C<>II:%BE^ELUU=26$8P@Q5/;DC1[XY#N-06%@AF!PX7V#@
M&2BBS]2\F4]YL@/#]0`9=R)\!2?N%(RC'<GZ4Z"))J66<MZ%^,I/7HYD:8VE
M.P<?KZ#2`(&?MHJLR(V(L./!7#JO\<(QT?]E)+8P,6]W'`$WT((A'0XXORQ!
M2,:V]TY.+NJ&)6AYQY%V2Z^YN$'%VG2(0R@';M(R#,H7X&1YXL0NW]P[LY#U
MO-9+?-1*]S*.F[P_OFK,TM)@`^*.*@"C3LLL^"9+72-6:=(S*4N,R&+&CXW?
M%TW:5(<VNLZS6C@5%(X?2*KZQ+[`^V287.IU,>4^_ZV\?Z6#@@Q.##C9;F>8
M/8C^QBO'L>7)<I=&=.=SNINX=$A7T`2[P/<>31_3LLK`)XQ*;`]VT)V+RC,R
M'KG"F;$4WF)/L.2)J0KKR=I085P;OE-(/0C%Z,'U'`_3/]6E2J9`^.$8E`@/
MX/$?A>TXRG2%ATR\J3^"08X2SAMB13/R<B/%C9(DIA;J4>4.V%SZ3F7D1,[M
M'Z>OI=4+R$V]CG'SZ5J^Y_</'ZD]H]E"XL5)B0(()#JP=`#.XBN2U)<O'YOX
M7@0J!<P.Z(U:C@SQSX;L9`)G%`5PA,';"S<J:44(6&/NSJ5P\R?EA]0I<319
MK#QGGB1^EPB-5?RBNJ-09H?,#<,316KV\F*#%CX9Y./Y]B2].,&P3>\I$\T)
M3Z?7BAC$BH$T.&/X1394B.]3;D)UCU(%6IJ>AVM4JY6VK;IT2A/FC)GIAZG&
MG]H9?MYO%`]5T"V/D;4,WY1I!\GP*LA/.F6!-9*J99^^?@X4G1^)E459.SRY
MDY)GO/)<R^LMO#N,?'<AF\@%.#)M2@8'QIR2!N7`M--EI">X8ORO#^EI9XR$
M;%B%WXP]TH&HYEA)8PF&#$8C3WKPHA"M::F)9&F:8/:J%<29V<!.,\_-G'_9
M%VAG(Z\6+3%R9,%`]+\9(3R'+)=/9)3$`[F>7`A(QE?U^$+L'$(MU4&/*.17
M+DTQLH,TFSB?\)@DJ\9;-56.*K(OL_IX>0ZB%LFRF&?^K,H=48EV4:V]43OR
MXYS40B)!$GZ!@LB3D\$*I[;*_;%S'4)R=2Y255I5@$!&3A>2VXG[:!!>)44M
M4MVXWB)W'YY>+M.1%A%)J\CES;BR`I&6?5(7P,!(!?.B>%V;?/GHYKYP;]O`
M'4LZ+[4#Y^ZD%TSKJGB=W("U)VNNSBO)N3,I)RE2-\O8&TG7/?IUL<#UD2VK
MCL-W_1^B@7S9')'DG//PR`,@U^@&_YYVU`4A-H73%LT'7TR`9^("9-F)B^P&
M%@[UE&]<XW84>L.T'@CM\'.5<XAM@C;6::.=9U;C1>JBB'5<_`S+E6&!,2,P
M'9$7-[$K0WE`*PL2Q^I#=;FP6,II5M]+RT/O6E5U:OU1=TV</U#E3RV6-WTR
MJ\JYQN4LXRI9H%DG<K)0\%6=6A^2L("/'Z]C73))WHEMIF0T:5=E94?0EFE`
MR):KB&455^.Z8%GET%)14SO3+O)53<F##=**H;2Z//D..&EN7^<KX:^ZT?_O
M_VF=^-IDF4G!?W178Y6*U@NV+!17)@UGF<>+;P6*93J2S"W:_?(L3*SWCQ*I
MZ5.VUG#OQ$@V_C#ZW8[6$T7A2SMB`Z5@^PW83.23[-&.N"SN_;=<TY3<CW%Y
M$O7"(;9L](]D%\19(%XG/^3%3.^D($1"/WDX%C*7Q^?%B.[02K[Q9%OAP^MS
M*8?G!5GV:L]__=8Q1S_>@$9RE'\D&_*WT-K-Z-V3L_7'3Q[:S?SAF0`$[]_^
MVNO^U?"])_4+_%QX[:!W>MS#8>(WJ1,D/L5DF9&YO\1+R\]T)`W(Y7--WU/G
M&+JH.G75^_ZD.B'%P_\+)+_Q7JJB>>%J5`JP'&R_A3[S=^OX>PE[GPX4U>+W
M@!RK8FW\>$.^3EZP%;:NCC1_$?3&%L\$FB/0"SGINE)*TYD,&IW(H(6(Z#,3
MIHV^,V':Z#L376ASV>0T+E>=Q5F3LSA;=187!0N(?B(7\Y:/AOS!EL^>6CXZ
MJ\M?%N2AK0/FENT4G>%$3V560VK'J&YU_,$&PZ^KQS`ZC`ZC0Z^%-JE;-JPQ
M-JT'LG;'VEU[U9%%-2Q9N]M[.'N;O#A^:E?'WC97UB";)!D"S">L?K'ZU4[U
M*]T\_26;I]OKYKW:FP1NK*`*Q2_9TNVI`4,YE2V(M-7`&HZ;V?+U]<*F)QH>
M'DP`+4[OIO'?HNZTI-P.P]\\_(MS6AG];3#_@BPK!K]Y\-\[=E+R>"WV;Y$&
MOQIE^UN)1DY>LZV-E?9K7$;;;5@)ZX44;,\^J,+M+FY&6<(LB&;T;WO5+2?;
M_Y9[T\Y<V#5BE]:?!QV>?UY'C`W.:X3@R#X?+YCFYS3[O6JA1O^\G'+$W,+<
M4LTMW8M+YI:M<DNCK-(8GPS**8+,)LPF)7'";,)L\C*;'#&7,)?0<LGENCRR
MJ>/AY9&W$NG_\C1*%XS,?>MPWUGW;&?N$6V<'I]%:,2U[&QLHF+[QJ/I1%AY
M3#<1WM3HB?FUUOAEFXW1.41TUH=&DYDS+HS+8>#28L6QGCJX);SU"O9?Z=JO
MVQVLK83)1YI0P9+^DU;:^VJWX6B[52YV[B]G['>&_>#TXF#0WP!Z/?PPC#JC
MSJ@SZNSIW:7"OMN[XM.E,06'XSF=F*"\&Z\<#SME_JK:E21MEPY&SK"#D-'1
MT.W#N#`NC`N[3]E]NO?NT]"/XJ:-8?X*N[*3PKY*`-8S&!T-3P_&A7%A7%@+
M8RULO[6PL><#6*XAXLZX!ZQW[?H6M;<TK)7!;Q1\OE[:Q87$Z2G#O@/87_4K
M<M@9=[UN4QEUOL/64U_?*37/EX::'<X5MNT^BB"4W9'5-;;A"Z>Z1?F^"AEV
M#C(Z&KI\&!?&A7%AURF[3O?;=1IZAA<^P(O#!],]"L44:\+ZSZQ_L8;!Z/!Y
MRK@P+JW&A?4OUK]TUK_LZ<RT?1E`>,`JUZXO3E]U3P_G,DD_^/E*2?LK)4:=
M46?4&76^M#[82^N7E*3#N;8N9UX?C'AAAR"CHZ&;AW%A7!@7=I>RNW2_W:4P
M"]N=1';P((,&O;%AB6&]-HYMVOGLNF/L#Q%[G<Q@[?K?'03JS.N,.J/.&GO[
MJ+GTO#@,G^DM1I@:K@@-7\!\_BNL>1?JP<@9_;3([H#!WQWXVG6T/(@3EE'7
M7J]AU!GU0T&==7C-J=GC?/TW=^)1N!$\Y(UA!:[LL"I3]?^X><^QR^P%/D3L
MNR=<^TG[TY51IPH`O#B<)`F=<#\<!XU.J+,&OT\:?/=D:6_-PU#A;]P0WAN(
MB0R>\6.%OH1+$,WHW_VJ5W%XY-ZT8Y$6CS;TPM";'LDOO)8FSMQ?8B(UKN36
MF,^NE>*!=N<5$W>/B]UJ0]PM4+:Y/:M=V6XF*X7?4KN++B8KA2'>U<X09[J2
MT/7L;"W*MMCL;)1AUC93V\HQ2YT4RXS:;F_>I-T;+U+WY&P#LSM^J`DJ??5"
MTUEL;NLAN4-O5L7W^/&6S:+U9K)K@V@PT"XA@"E:BZ(7W:4-Y@^4HHV2LSFW
M[V!IY`;3LD6T[+&@W1=2,B7WA9(':+)2,\FFQFJ+N*3;Z9V?;&JJ[L_]ZT?5
MXPA;PV/BDV%:_X[B]D>Z"<0#"N)[U3W1SIUZ0/!W]3.@.;Z)46?4&75&G2,H
M.8(R.:?[7,G@S>U,^":6(#L8@:*?PMC7SJ5[0."?:Q=1=!!'Z<4YP[Z+L$CF
M=NT51T:=U756URMN2Y=&,1R&NBX3GD3`!8)WIS`>CBS7#_ONB7:13`=QDKZ0
M;,JXLZQAU!EUUM996T^T]2Z'Q[QY_W,FW(`KC.FF1AZ.@-</^P$[?K4_71EU
M1IU19]19?S]8_7WY,7T8ZGNQNIB(E?D2+EQ=3'Z!"U!M&("B7?0/$Y>,N&=<
M.F[9:=<P99N[#^&B<?M(5JX9MX]4U>[*F*E*0-57W?,J%7DO3<Y&&89+B[UD
MT7)IL3F;N_'28@MM;3TD]PJ%"K21\6L7KFJQM06,R1S#'+..F[.OJR77)H[1
MBEV:"VDYT:ZN`_.*IKS2YBI]S"KLGF!.T9!3#M#EL6LF;+"475NY\*RW<1Y>
MV9'2UL"`D3<5QBNL>?>K,11CSQ>&K3X,S9]M]EOH8U5J9"7V^]H%K3)%:Y9<
MT?5BGBOVKJT6G9YJ5^Z2B;DI,7M,S/TAYGJ5M)F6&M-RK9N5@S`\=3$DM>&0
MP<8=J??%,/SB>X]V8'NN\6HH7#&VPU\-,`[;8!ONWHG7_FC?+L>%[C-U^[K:
MC+NG;IOCPEYUS_NZZJE,V?VT/YBN>Y7@RU2EB*\Y+`M3KPO+UG'+\KK=AV!L
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M>+O:6WK[\?9P<W7/.KWE:>Q+?7G].5E8VYL'ZY[X7N1:,1)_^B#_->_FNUR`
MT/>Y?P3'XD9K;/*\W/H,-W!ZT,RQ[-M@\C'Y#HU\NZ$=$XX)QX3;;(*-TD<;
M,NP7VOL4UD$$7OT"%HU3<6E7PH6V3N]TB;%S>CK8H.MC^E0=J^9\D3.B^ZMQ
M9-R)F2\"X8:!$3X((XBFV&0\?+!]ZVAF^N&S,;9=TQW9IF-,(M,WW5`(PQ6A
M`<]-[6@:&,+T76%UY(>V^RB"4/8Y5"E%'?AO$,%C(W'D"T=V+1\+F*KI6H8O
M[.DP\@.!#P2=_-.P!G,B/\^^[L$,??GK\:;6ZAZ1KS='/AN[3`+DL(#GA#A)
M7A>B%_?"Z!2_**-6*M%.>F?,/2!_`2I5#&W,A!^:MFN[$R/T"H\QO8SXGR]&
MPG[$B"$%\\Q\SGXI(.UXILN<+KVFP.G7GAO8`?`YB*<"3"!$$@EC#$T'_PL\
MZXM9Y(\>3.!*<^(+)6$DQI88"]\75J&8SJHP_Q8BL=+?+/LQ^3GWH_Q.LO8,
M-\><!>)U\L.;J>E/`$`XOU[W3HK$6J45[M:UNJ9&)VH=M,WY9UNINV0K#7JG
MM1.U1P)9_05%)GE/7>^P_.U)L=S0<ZS*W?@O..Z-]ZX%&^@=B++I$([D?K=C
M]$ZZ2V^NUVWUS/RM`W\O.RD&BFHE_7R5`G.K\'7R@JVP];?C^V-C?<=^8XMG
M`E4U47?-T/9<,$5:0RE-9[)Y:<B53J06(J+/3)@V^LZ$::/O3'2AS663TUC+
M0=S8++92#'F5B6RG''(]_F#+9T\M'YW5Y2_1T+%'&^C)N[-3=(83'8?WH1^-
MPL@7UHY1W>KX@PV&KW$=S>@P.IK,OMWH7*X_^*;!!TUHC$WK@:S=L7;77G7D
M@XS)$*S='1Z<O4U>'#^UJV-OFRMKD$VNK$<[\/REP2Q[AB:K7ZQ^[97Z-5HG
M-:U&X,;V"E.M>'MJP%".[;F[K5"UR<5U4W$S6[Z^CF/46G%X,`&T.+V;QG^+
MNM.UY\\\WPP9_IW`?R_\1WM4LVDDH[\Q\[M69(<,_B[`?^_8\&(9.+86^[=(
M@U^-LOVM1",GK]G6QI)3Q[2B9;3=AI5`W>FYR<*U=^)1N%'%<=!,V9ONQF5O
M=I*NVDPK]UV5L5F[.\^:=6F:+!4ZZ.G:")FY13]NZ0Y:W!"GE=S2**LTQB>G
M+%283580)_I7!68VV3V;Z%\EE;FD95RR3V5C:)A/[Z*@VG/?V6#C^IZUW2/:
M.#VPS_7HP70GPK!=8VS:OO%H.I$PO+%N(KRQLECG&Q3WH*BXR.BT'YWUH=%D
MYHP+XW(8N+18<:RG#FX);[V"_5>Z]NMV!VLK8?*1)E0P6:E+8`TNWWXT0_NQ
M9D1"F[9]6;G8M;]<NTY#!X1]K[>T>^I>H;\!]'KX81AU1IU19]39T[M+A7VW
MW4'[/?:<HN=T8H+R;KQRO"`0P:^&Y^8*@Q^,G&$'(:.CH=N'<6%<&!=VG[+[
M=._=IZ$?Q:T,POP5-M8G8RV,]0Q&AT]5QH5Q:3,NK(6Q%J:S%C;V?`#+-<1/
M%4UXP'K7SF]1#^<254/PE\84[Q7X.MU(=+7+7CL,V!EUW2]3&76^PM937=]M
M\L]2)>F0;[`/1KBP3Y#1T=#3P[@P+HP+>TS98[K?'E.8A>U.(CMXP+MKPQL;
MEAC6*X?9IIVOG^ON<,QJQEZ;$V^W<=Q+P[@9=F9V1IU1KY=.NU;UR9HZ>S.%
M>OL;%^K='T-AM[[:$_;5WH8/PC=<$1J^@/G\5UCSKMN#$6_Z::^O>I<5,H+A
M9^-ACT]V1IU19]09=4U09W>_YM1\24DZ##T^:3*#_OY1KE&/\<?->R[[Q3KD
M(6+?ZY\?#/I:2>3NX'#,5IV`/QQAHQ/JW:5N1(9=!V9G+5YS:O;Z2PND'H82
M?X,=/X\",9&1._YV^T;VVM`W<I-&JHVHN37FLVNU^%*[\XJ)2T;<<UV[,NZ>
MN%N@;&-DO=`N#Y7)2J'UZ-KUD,E:RP&BW[4]TY7DJN'\9"W*MMCL;)1AUC93
MV\HQ2YT4>F6Z;''T[LG9!H9W_%`3=/KJA::SV.#60W8WW6-V=<.H79WJ3[NZ
MVD1,T0V-W(/M%K[B.=FB;KG=,^TZ8S$M-Z3E@$FY+Z34K@(74W)CH[5?=;6S
MST8K-9-L:JZVB$NZG=X)EZYZ\U$F/<D*_YC_9)C6OZ,@E->QN@G$`PKDZYYH
M=_UQ2.AS-K]VKD-&G5%GU!EUCJ#D",KDF.XNS78X#/W]=B9\$^N?'8Q`T4]?
M/-/..7]`X'=/M+OL.HBSM'O*N6:[P/U4NRN'@X"=%7;M46>%77-J]B^6]G0Z
M#(5=ICR)@.L3[TYE/!Q9KA_V77:N[T9=YWYZ^FLPC#JC?BBHL[:N.35[_:5N
MS</0UM__G`DWX"ICNJF1AR/@]</^5+MR"GRZ,NJ,^AZA?C@7JCJASOK[/NGO
MIZR^S]47$[$R7\*%ZXO)+W`)J@WKBVEW7#%QZ1SGR]T@!TW=+9"V,;IJ%[W$
M5&6J,E6K7=$L@O>1K*]ZYX>6J,W5Q;BZ&/GHFE876VANZR&[5ZA5H(V47[MV
M58L-KMZ9KDH<<XR>'#-H<[T[;3A&*W9I3KI<,*\PKU"T2V=685;)4ENTBVIG
M5M&450[0Z[%K)FRPG%U;N?#\DMN/O;EQ1]Y4&*^P\MVOQE",/5\8MOHP-'^V
MV76ACV&ID:'8.^4JKWM&T<L6FW.:*%*Z'$FONKU37=L(,377I^8Y$W-OB-GO
M,C'WA9B#M=Q:!V%]ZF)-:L,BR_O-'(9U^,7W'NW`]ESCU5"X8FR'OQI@(;;!
M0-R]+Z_]@;\7NKITF;@$4=TGNGH"=D_=-@>(O>IJ:T(R86L1ENFZGW3MKM=@
MF`G;$L)VUZI3VWXK4Z^;R_:QR_(BZH=A<7X686)=JCM)327CAO?BEA<-'5')
MB/UZ$Z<CP9_7@9PFRG956'9N,YTM[9?'_,C\N%U^O-RS1(']XT>]F+%!(T9?
M*X9Y\=!X<;WH4F9%9L7&(IW;'#7`K+A'K-A;2U5LOS=JY_Q=<EPQ@S?+X,NK
M\B[SGW5[^^$]N[&$&]ICVP1J&680B%#7\(R,$8N\E7%B_T".GT4.BV9PV;7'
MXJQSLKPJ)_,D\^2VO6C=SMF%_HZT0V=*S3BR.3VF<S;0-32+N?'0N'&@7=,T
M9L4#9<7N.1_2S(MZ\.*K?N?L=*M%+)JIT#_8N$+_]OUXN]I;>COR]G!S=<\Z
MEZ<;%^?H=N?I5=N?!PN?^%[D6C$4?_H@_S7OZ+M<`-'WN7\$Y^)&:VSRP-SZ
M##=P>ZPE1\I.C/9H+ULOO<&8;SEIFPIP1IO19K09[2VBO4_!"D3@U:_0T#@5
MER:T+-3?>Z=+%/C3T\$&_0W3I^IHZN>++.SNK\:1<2=FO@B$&P9&^"",()IB
M.^WPP?:MHYGIA\_&V'9-=V2;CC&)3-]T0R$,5X0&/#>UHVE@"--WA=61']KN
MHPA"V=%/)<MTX+]!!(^-Q)$O'-F?>RQ@JJ9K&;ZPI\/(#P0^$'3R3\,:S(G\
M//NZ!S/TY:_'FYI@>T2^WASY;.RG")##`IX3XB092XA>W/*A4_RBC,6H1#MI
M$3'W@/P%J)32-_F>,1-^:-JN[4Z,T"L\Q-0RXG^^&`G[$:-@%,@S\SG[I8"S
MXYDN\SGP>;]"3$V`SPS/E3];8AC&N()L,0-8JAO8,%LSQ/HP\$7XP!4C^=N3
M'3XH02?"T%$<+S][:[H_4/)=385OCTP&'CVP`/PU@AD`[(!-@3]!=B>"W1B:
M#OX71(4O9I$_>C`#D#D37RC!+IG;$F/A^\(JE.A9%>;?0MPEZ6^6_9C\G/M1
M?B=9>X:;8\X"\3KYX<W4]"<`(*@-KWLG16)Q8Z+U&Q-M<_[95NHNV4J#WFGM
MY.^10%9_07],WE/7TRQ_>U(L-_0<JW(W_@NT+..]:\$&>@>R;CH$3:C?[1B]
MD^[26DC<>*N-_+WLI!@HJI7,HE4*UZW"U\D+ML+6WX[OCXWU[P@:6SP3J*I+
MNRM5*;``6T,I36>R><G)E4ZD%B*BSTR8-OK.A&FC[TQTH<UED]-8RR_?V"RV
M4F1YE8ELI\QR/?Y@RV=/+1^=U>4OT="Q1QOHR;NS4W2&$QV']Z$?C<+(%]:.
M4=WJ^(,-AJ\1!<#H,#J:S+[=Z%RN/_BF,1]-:(Q-ZX&LW;%VUUYUY(,,A1&L
MW1T>G+U-7AP_M:MC;YLK:Y!-KJQ'._#\I5%$>X8FJU^L?NV5^C5:)\NM1N#&
M]JI<K7A[:L!0CNVYNRUWM<G%=5-Q,UN^OHYCU%IQ>#`!M#B]F\9_B[K3M>?/
M/-\,&?Z=P'\O_$=[5+,5):._,?.[5F2'#/XNP'_OV/!B&3BV%ONW2(-?C;+]
MK40C)Z_9UL:24\=LKF6TW8:50-U!NLDJN'?B4;A1Q7'03`F=J@KOJY70V4F6
M<#,]XG=5$F?M=C]KUKAILN[HZ>!BI^8J<TN;N*4W6*N=)'-+;6YIE%4:XY,S
M%BK,)BN($_U+##.;[)Y-CIA+F$MHN62?JO70,)_>!4:UY[Z+BXT;_^Q7X^S1
M@^E.!-;B&)NV;SR:3B0,;ZR;"&^L&MGY!L4]M"L0R>CL!)WUH=%DYHP+XW(8
MN+18<:RG#FX);[V"_5>Z]NMV!VLK8?*1)E0P6:E+8`TNWWXT0_NQ9D1"F[9]
M6;G8M;]<.__6(6'?&9QI=UNQK2.O/9X81IU19]09=?;U[E)EWVVK)3BIEW9X
M/!SO*58[#HQ7CA<$(O@5ZQYG-=D/1M*PDY#1T=#UP[@P+HP+NU#9A;KW+M30
MC^)V!F'^&AMKE+$6QGH&H\.G*N/"N+09%];"6`O360L;>SZ`Y1KBIXHH/&"]
M:^<WJ?KE:1P0^I=\B;V+2XE7W=.+BJ1J1GX+R#/NVE^J,NI\E:VGTKY3:IZ>
M+B/GX=QCY]I[J[ML(^D(?C!"ACV$C(Z&?A_&A7%A7-A_RO[3_?:?AI[AA0_P
MXO#!=(]",<7BL/XSZU^L83`Z?)XR+HQ+JW%A_8OU+YWU+WLZ,VU?1A$>L,JU
MZ\O3P[G3T`_[5X-3OLC;R07JV0D#K_U='J/.J!\*ZJRL:T[-5]V3Y8?U85Q=
MWZ+'U'!%:/@"YO-?8<UG9!^,K-%/GSP<.:\?]H<3`*R35#YCU'77;!AU1OU0
M4&<M7G-JGK,&G_3=,[PQK"#K76C\<?.>'?&LO!\B]N>LO6M_MC+JC'J+4>=*
MR_HS.ZOOFE.SV^<JJ&]NL`'Z42`F,GG,WVX;[5X;VFAOTE>^$16WQGQVK1)W
MM>U0R]2M3]W!TBS<@R;N%BC;W*8]7^K@8KJVE*[+U1XF:TO)6JE-,5W;3]=!
M;SW*MMCP;)1AUC94V\HQ2]T4R\S:;F_>J-T;/U+WY&P#PSM^J`DJ??5"TUEL
M<.LAN:F[GF]N%]'W)F_2(KKHZVKO,D4W;9ITH=^]G@8T;92@S9E`VMV?,"DW
M+0&GJS7+I%S[5I,%[+Z0\@"-5FHFV=1<;1&7]#J#/E?P?/-1E>S$=D>8]V28
MUK^CN)JG;@+Q@,+XN`K_+L&_/!CP=0J)X6@^1IU19]0U0;W%1L%AA%">GK#V
M?CL3OAG:[N1@Y(E^ZF*WIYT7\)#0'V@7*'809VFW>SA<KQ/N`RX4H;WJR*BS
MPLX*>UET]9=Z-0]#8Y<Y3R((#T:>Z*<R'HXLUP_[;K]W,.CK)'N[IXR[]AH,
MH\ZH'PKJK*UK3LW>!5<H>//^YTRX`9<8TTV-/!P!KQ_VIQP>H_WIRJ@SZBU&
MO:M=BLQ!P,X*_#XI\.=+/3Z'H;\7*XR)6)LOX<(5QN07N`;5WD0`,77I'"$G
MNN;3[YZZ6R!M@U<B3-9])*MVM@.3E8"LE]J%>3)9"<CZ:G!Z?F"YVEQ@C`N,
M'4:!L87VMAZ2>X5B!=K(^+7+5[79X#K3[H:).49KCCD]U]66:Q/':,4N#<:U
M:%=;@WE%4U[1+]2!64535NEVEZ:C,Z\PKQRRTV/73-A@0;NV<N%%?^,>PF57
M2EO#`T;>5!BOL/+=K\90C#U?&+;Z,#1_MMESH8]=J9.=V&;/`E.T2NWJ]"ZU
MJXB@`4T;)6ASBE%O<*%K(R&FYMK4/&5:[@TM!Y=,S'TAYO*ZUP=I?.IB3.K"
M(MW.Z>72L,=#,`^_^-ZC'=B>:[P:"E>,[?!7`TS$-EB(NW?EM3_PMWO!@;_[
M2]V!?I5HM*%NF^/#7G7/M555F;+U*,MTW4^ZKG<;QH1M"V%/UY/$[;<T];J\
M;!W#],\VKCFT+S;G9Q$F]J6ZEM14,FYX,6YYT=`1E6S8KS=Q.A+\>1W(:>)L
M5X5EUT93?]^")YD?6\V/%\L/#.;'W?.C7LS8G*Y[IJW7@5GQP%AQP)S(G*@%
M)_;7:\3-K,BLV%3]B+44Q?9[HG;.WR6G%3-XHPS>[?3Z!^\]N[&$&]ICVP1Z
M&680B%#7`(V,%8O<E?%B_T`.H$4.BV9PV;7'XJQS<:%K*2/FR</DR>YYIS?0
M-=:)F7*I(K,[CFR,'7N=\Y[^UPS,C8?!C0/];QB8%0^#%<_6<V(P+S(O-AC;
MU;DX/]EF>%<S1?K[&Q?IW[XG;U=[2V]7WAYNKEX75&"-VN_!NB>^%[E6C,2?
M/LA_S?OY+A<@]'WN'\&QN-$:FSPOMS[##;P>:XF1L@^C/<K+UHMO,.9;SMJF
M`IS19K09;49[BVCO4[0"$7CU2S0T3L5E*OP\#^8U^-[I$A7^]'2P08_#]*DZ
MNOKY(A.[^ZMQ9-R)F2\"X8:!$3X((XBFV%,[?+!]ZVAF^N&S,;9=TQW9IF-,
M(M,WW5`(PQ6A`<]-[6@:&,+T76%UY(>V^RB"4';U4]DR'?AO$,%C(W'D"T<V
MZ1X+F*KI6H8O[.DP\@.!#P2=_-.P!G,B/\^^OJGAM4]4,^)_'E#+E]`<,RRR
MJ6.1F6WL,`D,"`MX3E@U2>!"7HI[8'2*7Y2A*96\E_3,Z,C?"@_)7X!O*X8W
M9L(/3=NUW8D1>LS`.08N0.B+D;`?,3I(H3TSG^4OS-O*%PJ\?>VY@1T`9X-X
MGL,NE;#&T'3PO\"EOIA%_NC!!!XT)[Y0$E9BZWBFNS*POX5(A_0WRWY,?L[]
M.$O6.8_9U/0G@!$<TJ]/9NFORKDGE1W'=L51=:S;^OAU<^_`U\MWJ@&_^*7U
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M8A7B6`YB&>H0#^<]V<1'VD1O064.B2$4AMXN#&(KEW@XO6-AB'7;_VIMN.AM
MTA.[JO4.<.!@T5K$T%NHN)H['`XLUI9XM1RY6VN\R6'%VFKMG-+;SWI0VH]*
M2--ZQ7K?O&I^YE(["[6FA=XQF7I?5NF-W4')Y"'M<,3!3GIG5`F/>$!JQ6Q&
M[*4FWK?$5@$QLQ![6(D-4F+L#NJ\H/8-:,W&Q(LE=ESHG9U!S'?!#V+P]+[E
M(R:&WC=RFM\'/PO3#PSA6D+O8)UW8B2F0^$;_6Y'ZXGV3KKE^KJU1NS0S[!/
M#&%E;:NZD^S1COBZ--QO63'NZK(PLG1,\L*L?(YCS@+Q.ODA7R.FE[U./K]*
M`>7X&TEIX]G:3<\*`^ZL=&*OVU>+6^L%Z5.KO>-T_27$SRP:/ZVI=+&DI%)O
M$,^RJNYWH>%?H>QW-S_3D<"21R_,=5!"8WV6OY#KE;\_*:X;>HY569?I7U+X
MOT?A;RP5L$MHTNUN4&TJ>:B2*NM6(&]R`V4EMY:Q1Z];J#FY"7NLP,B]$FB-
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MVH;]*1]/?#Q-,,PH%+YKAK;GFH[S;%CVH_`#>VQ7!"3SP;3%';I/#DB&GJ%?
M\5QBLXG/)1SN6KBA;SHRM>'>B\('XVHJ?'M43HCD4VF+^W/`LK$M+B7&GI+O
M+_A<XG,)AKL**HJ<\1&TS:W(4I"A/SCHV5_'YP\.=QL^B'(!AYT?0#722)J,
M`]YD/CO?ZFNFL#0N9IFV>^M:9-+N[#ISCX_HT5J99]KEDQGE6BJZG*\;)G1:
M7C1T1.4>ZK<[`'D[N.Q<M@S6O!?9UL'!_'B@_'BIF2N`^?&@^?'L3&?EZW2;
MRE<;_2/ZJ5=%SL_V24UQL,F.)9J*[BGCC#@COEW$FSP$?I.U*]/?XJ*6__M;
M%!Q-3'/V^EY,IL(-[\3,\T/;G;RS@Y'C!9$OOL)TWCK>Z,??_^__,8S_31ZX
M<4>^,`/Q3JC_WK@?O2"X<BWY'^O?41#B@.]_SH0;B#L1"/]1@"7NXO+NQ/AO
MOWRXN_WT_?\UW9/N=RP%]OWK[7<8K!__]MX-[?#Y.QZJ%]W!Z<7I+X8E1O;4
M=(*__7)T]HMA6W_[Y>;=]^YEK_^+$;FV&O3;_;M?_M[M]]5QG*UOH^FJ%4^'
M]NL/INW_83J1N)UA9.JUA\%`HS`RG=LH#$+3Q42*+[[MCNR9Z7ST3#>X$R-A
M/\J*H?E57]U_O_VP=*'?+6%__R@FIJ/^=/73#K['Z_C^A^G;.*8,DQ5!J+X"
M;YZ:_O-;X8JQ/;+AQT^R>&/ZV/WH05B1(V['V4K&]V)F^F8HKD8C+W+#X.WS
M)_/?GG\-'TT\__EV?.,^"H6+G`,`\5VZ^^7ZU!L64V4P3Y7S7C>A2FU(B[PH
M)_7UP72_BBGP+RS_9CJ#X7'F2%\19"L)KAY-V\$QQIX?F(ZX%Z/(MT,;=+P:
MW+F4:+`VJ>8"L);Z\_LD^::2GC"7/V[>OP3PZ3S`EY?S7$\$3!'MK[Z),U^`
MVPK\;<MW?I_CK@PLQP&@?)"`_Q46TOUV",)01H0'<VR]"+VWS]>.&6#4^$@^
M=SNNO946T^%LG@Z#>3*4$"L"F@+_P?/O"\#CIK#=R(N";RZ(K1B1(/CB!3:N
MZZ,(`DG>)^$\BD_P[8<@W5<T9,%-_T7X,X$[\YT8AB`SW_\G@F>S:;Z$T/D\
M0F?S"#4$01'G].-/<`+`R89K_*<=/GQSO2'*>\4,,Y`^(&@\D#N.+;GG#B<#
M@FCRU@SLX`JV30@4=8.Q\`.05;?CC^)1./TEXJ-?$!_]M<"'L\BVX`/;=#[!
MV3PQ)^(MZ`#"NIH(=S0OZ-,UOGU.?_R'#;O)'ST\RWD6]D#Z';5NM9"7R'E1
M.F]+@J=AJ!NCZ[T(0T<.L.PTV)2<F8B;3H4_*E%T?D=ME:J7):HV2-0<SD5:
M9IO\=].6.MJM^T[X<.J']F.](WKATOLGI9/TI*1`OC"Q.8F.:\S$4*9,IU"L
M*YP3TB:ZVF<O%(%4BD`>?[!=$^!V)YF"]/8Y^_GK\TP4^",G4O"X$Q7/-\:`
M6IW=_6Z)Z0?]$M^_3$U*ZE>)$Z9^(]3OE:A_UNUM2GVT:3978[H]I;K<@G'E
M3H1_-9GX8$V$0JGI0/AH&J%>;-VX.9U=&QVO7S+"8S-OZY!DU/AB/LM/OGI7
M(UB-+^9,3ECE<EN&[(`IV<)G_8(MO,E,*TS@&W?D36LY62I,5GC]32BF06$'
MWLY@]X=R/M)O-*^PR(*$^(>W46"[H*(GWTOY[3[T([#V?1'++P%K+.3^WKBP
MR?`/+W%>R0XN[^$<.@M4QQCGA,7>V6-0.4&_SL0L,N%7X4\S*;GV[ML+QTZ_
M9._&K%RE*6X$:WD'@^QXARIEQI*WXVK`FMF_)0/VJ'M1M7]7GV=9ZQUY$Q=%
MX%?SIR+W<NE>H28LGG_)8CL[K=)O*Z;0M%Z[@=W[&1FJ&=.W-S>DW#:H0`6W
MXP7G8F',%<TYDDV;KL/^*:Q/9KCB.5TR\T[+SIBMZKL-<T5#)-1!?QV4[-;N
MY;E^Q-QP?WX6(2H80*_,(_P2("5S[NA"0VMNN7/HV_U77_I7GF'IOWN/H!'A
M=_01(8.2V71Z6G*7[!YEPF.AJQ'X)3OK]*3D?5W'9*URZMV98&^!08@-54`4
MKKOA44Z7?(*I!,<;J%$(T"FW@^G\'@%N\()YKT,M9P>^J5K,RN'F7B477*#*
M/V6HE+"N8/\!!'I(_T&>$?(VY0P(!Q;W<?=L[FYU,5%7O8+",S/CSCL0Q2B4
MQS!U[!;X5;A74XP8`*WQV@M"Z>'=](#8Y;8J&Y&#T_*^HD1I@2&J]FY,-^MV
MSGE^_8!4O''+WNB&;I^D62CGI!2BP_`,#DHV[N(;KDT)MEP$KW^O<N,"5X+4
M<M__',F7WJ7VG"3BM3>=^>)!N(']*)0OY-9_;_HN#*`N9>H%0"SFH6O/Q^"#
M4&07^=N_WQI4V/!Y$UX;(A3EPAV(/^5;N!TGKA(4-HWX.08E/T&.X1?-9+?:
M\@ZO4O?82S`H7P:7@EIVK^'K=&JMRP.YR>G(`*<EU\+I15T&R&[+JV[0P=PG
MN;C(1KQQ@]"/I.IK!S^*4@-.:CM\)\9FY(3W3^9L#OFJ08)DUF^?_R&LB31!
M'!65]F#/BJX+S[5$`*<`7D[-#:V$?GH_\M%3VDS.P96I"4%\T^6JPR,7-''K
MRNL18>5"$%XB:=DY,NB6[/87B;37(54-NI9?TD].RY?1#<;?+`ZJ0ET(R)QC
MOULW-=5SN^$JS#1@,,N+6D\MNNE\2U;!.:O<F9V6O#:@?)[GU<_:D&]FSW]&
M(BEK-1]`N1<V_6GIUOWB9(W`TPV!H@IG>W&?+%YWV9=Q?EZZ%U@IGJTB3C^]
MRTT_YVP'P+SD,#CO+LMV>!'%AN[`:W!5R7[NG>476/<*G/!P>S'ZO==`9-16
M=85R!';)/*/&<\<AUW7\3]I%T)^6S.N2<;6-6.MR3MPW5[4L_Y)T,&_"RW16
MLBW!$"F%;+T\N5U?TZJFNR`0OH"H"^V1Z=Q'0\M^M(.*3*4=ZD%GY2#G\XM]
M<N?LF>_EK&P)7M1VOJQY=86W5O?VSZ\/OA=-'O;EEN^L9(9=7-2]Y%L!J7UP
MF>BG!)V5S+N2,XL=)K52C^GMJ5R8_K4)"(,*%N:(M)S>);.V$()+[$#9X-YM
M<]OJK&0]EEAYM=NWM?*]OZ"<\MP;=]'-I'1V8S:X^&K^A(\4V\2/786A;P\C
M65;BJ_<9=@\F\"N9F'#4OJ3:GY7OCLL*5&NPK\\RV:7VC9M<7M>]O]D^4<M&
M="DHGA"<)I2`C[!T^$OX#*>S[5GS)E-3X1PP`[2;2U=/VD4%X6P3C&RT#O*,
M],<*^F+)3C_J-G0K\P(I&TMJV_S0.B^9\?WS0T]J^W;_)1HZ]BA.:5LUA>V\
M(@VY4A15I;#M7:ZY#@&`YV4;G!/#-255N?Q7C2SN_/5813I<(H]!E@>1@[+B
M@^]-8<Z>KP0W?#?)7V[&>WI>SB4N\27%Y*E*%.E7CNB\9$@2EB-:4'JH3NS3
MRPZ`?8E]*MY)IZ;\VJ%.Y^44Y?->2;E?,=0)59D[4$G=2.!VD8X@<R37CFJ>
M/)=+FL/M^-Z<BA>O8VN(@9))&FM=M:;:O*<2A+W7J*-2BV#S\[)MN0W?9`9N
M&UR3NP[NR-\=Y$Z/?P@G[Y4$,_$E8I>MQ/-4?6_`-7DMK.P2]+V\$M72\Y+3
M*^W$$$JF#0M,C2/T?IFNU!J_^)X5C<)8-,W=],RG"Z8#Q%]_@4P7Y6SIDI98
M`6UN)T4X_H)H%J4:I%BMJ>SD)WWS^4-^UGG34*7Y]6.N6F,Z^9-LT_!BU8NF
M"4_"1<G82L^R6I-5JP;V?JWF$K?PO@$%Y>?_)VJ>R]GL^S#?]`__^]O"]Q5W
M\2?0PJ(INO&ES489-=>(N_2B9'?`]BF=:G.KFC,BLHI-R]S>("YOQV"*4%4_
MN2CI^T<798U_O;D5%S87NU=A9:YKU].=FXMA*2O)%7;SRTM;U5#$:PKI.0YU
M!*.D3G?[:UB%V=HV<6!N4XU:C,#+*NM"%^1]Z(U^/'B.!3JH,L8WN;':U/>5
MVI/JU;AS/3=URR;?^F+Z*^@()56NWSLOQ=[0++<(82Y\-K70KL!T>VRN*MUE
M22'J]4MK73ZOY?&$UV;PD-5N08OT&I5SX8.NWMBUQ&79E]Y[,;CPI9G.*>#P
M;2Q+`_]!\C^"*,#K/_([N,5K+"E,1X->:;NN,\V7`D/?";`O0<7"4,?1L[S/
M4?XN#')JB#W+.3.#%=HZ+)]I]:9+;ZC`_@`F!^GI@(41>Q9GT_DCBXQ57XY@
M6GV&\^$KT@L4WT7C\A4>:3,/(N7W\O27OV-#D;B?"/XX2[J:S/<Q@?-H8KO8
M3.5UMR][M,2?J#Y>K[&9%@A(<53=(W3#]ESRUR<UXA!D=OQWV>7%!B/!'B73
MP$G*2:AW?A#",%W+`.MU.HS\0!XQ1@RLD4.VW.AKM@X6@ZU!4;W.KP_"4"8X
M6D2.(T:PH5.#W?"%5(J-L8"AQYYOH'/*'HF@M.P-9Q5W3`.NAM&G\";;1>9T
MA71<&D]V^&",@.7!!C3"G$?SV+AQ#=.R)`TZ1IA;QM1\-H;"P*LL,!(M(_1@
M&7DJ>F/XONU;1RC?GW.K%:K_2P!_-D/#AO]#Q2Y8?4[O!`R`FH`1@18B9Q4^
MSP2^$1"$::`F#5-"SGIZ$*A1R=?0HAFD9(.EFVYN@3,I!A1<."$[,(0M9Z&"
MZW%2KIQ1D$T6J&[%8E5.//XJUB:3`SGV6"A,,W[)P7)L_-/S?W2,)]/&)W`$
M3!`"0L`\P%2T5<G7#E`3?K:#T)=&O/PB+-&<**))#@0MKC#3_"L3SC1,6C2E
M^3:=.2*,UY\#+\'HN-RCM]Y^H!WN`V*7XPD[=8?F$<X`]"6KQE>(R/TBCF3*
MB#Z3BH3:*-54@$%FOO=H6PB/]%17DA/V!R9/.+!GX00'ME)4=>'KIGSH$0W.
M`!G,5&5J(A=4;S46+4QR9L<U!?HFAUOVAG)KKA?/\GGEC;@Z>.96RC?FP;O7
M4F.>Q:I.V=E0KAI<*N*=:D&Q1S;S0UR%&#_\+#U:9'?+V4)7JRFS>+5E;T))
ML7MI2?/A"$L2LVI=IDM/Z:J!2I<E)T&_7S*NEN=I5;LKU/]^,G_:TVB*CK;W
M/V?2NW0U14.,+I5HO>66W`&#\]-!B98;+6ES^FY2)&G3G8O$+8?YK4?Q9M:V
M)C%A(27'P.!T3=Y-@S0_>/Z'"(O7*TF<!-B`/?;-G9FV=>V8]C2HZ*%(8G;!
MK'MT9I>R/[9@>%6;'WA/8)R]-F0-0U2NY`]91T8C;LEHQ#T9RW9'?7-K:Q"L
M:GN6P*!2<U:8D9K!//I??`]TNF7@_Y9CQC7Y\E(7`_@OYG3VYD\7O>[YF]@&
M!GT4.Z*.89][>>UUXGO1+)"6H(WV4F!\.[X_-F8R_-<8J_C?G-V%Q+3S[2V(
MS04</TA;:J03H'U+MIQA'`$-S[R*G09@!3E@6"80]D[>W'SYE/[6??.K,?5`
M_((M^>GMS54>:6(HO*Q]:$I#+SOOE/6.%H8W_+>:-YH6:'E.[?_B0XZ\:3XV
M8/[&5*#!`40.<E\?/ALJ4';\+%\2!)'PE<^@8PS%R(P".:8%%B-&5\H72Q^"
MC+TS_A.9>(J@7:T"/*2#`:>$H3[>U!YUP)R:X'6DY\NOS9(4<T.XC[;OR9+@
M'6D^@?EE&FJ;"#2+B6U?._BAEB+C!7&YL!0+,^%B0\_P:-\X+A`K(2!`CFPC
MG3Y!-'HP1AC(VI$T>O+\'SFR*G)T#-@-02@$4,23'H<(Y)C32:8-7Y!FY!-H
M]+%3PE/>F%B+PYT?WU,`<4SXOS`4TUDH72K`\8\VJ%1(&XS=LIZ53>S#W,54
MCF8^>K:5X!8HU&B1RM$@20X\-FZ5M,F!B&Z*&,:.!#%G<?M">I6#`G`)0L8K
M&TSNV0PD&JJWOZ:^CQA91&(<^:X=/,3>@%3T@>VD0$"#_2AQ#=@NNOAB9X^=
MW)D9)OPG3(46/AHD5WI`87@)$GDLD7ZTQ9/:F*#@T:+I)?(IB*4XP&,F-[[Y
MJ1?]*"7Y<FQ\`95&1M$G_(`>BQ$Z3O`AE2BN1(I:4$=QM`DO]F"5&0R^C-,&
M#!SO"9`&/(>F@_(7/L+QX'LA<F#HVY,)T.O1]N*H7$6JF$R9T]9/9]3!3Q7#
MHWL!&)063>D6@CWG6,:#*7UYAFD!`B`8;5D`/G'SE!'LQ,^IU<>;SP:3W)([
M#K[^*&S'B;W3"*!B-1=6`I:SHA&(++"V`AMI)S>HY,C4<ZP8*$=RZ=94CR>[
M(9UF(M]AS`F(6!^E<"RG49]7'F@D21S>@&/1H@E4@]4`2HZ8V(&BL7Q-?$JH
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MV+=/G9QI8+S\A`HL7/.A?\!VSC\!$.<?BE/4`)O\<])4L=)KO)BILUT:(UVD
M>TP\%Z/)TZNP(O%B>R(Y<*HLDQ*MYM$EUNV?B_O`D0()-+.QX0J,A.XD@A>F
M5M@(,YB4G*1EP2F-HOJY$A=Z6;U-Q\`=L;Y.+<@L8NN>=CCB2]A0Z\42[\QR
M3$F]TUIKRH[T9A2]24NMUVDM\8@9[UEK[(@E%#'?/6HM/XF]Z\2+)58K.EJS
M,?&>)98H%=&;M<:;$*-'O"^(S\8'8DXFMDVI79K$X.DMX(DCZP*]I=2324P-
MO8\,7V^UD=K/H?5BB6<GB.4`,>=1^[#T=@L<E@_DH$Q;ZJ@'K1=+/#MJS<<D
MYCQBCY1-+`8<@WB"Q+Q,K?NXQ/@1<PNQ5#XHL:>W:D9,6>+%8LP/M5E`'>#!
M=I5._'Q0.@OU&:GWJ4$L6P[JBB_2&COJ3`':X69:L['>BBUUTC_Q[,CM>;U=
MP-3N?6)%A7BUQ.Y]ZN-'[\/6/JQ;0];S])'*U.Y]:N?%0<EXO95NO1F96*@<
M5"3"0<EW:@%*S"AZVP34-QDNL=ZH]W&A]S6+WO*=F)&I<Z?U/KIUCV'G\TP;
MSB/>%\120&^%F]CQ>U!>;NK+3,U=*L1^;F*G/K6_C/P>F/H^B7BK"8?5"XW4
MBT.R,?0V;XGWF>9GD-:[3.]LQ8.*"]/;+T"L6SAZ'SX'=7`[Q(Q,?9M$;'GK
M+52H=5#:X:B+C6BMXA'+%+TUQH.*S=/<MM`[WI<ZSX9X>D-JM\4/:O\@L=>'
M>&^,V"309K%Z>_6I515.ZJ@QWH--+%;T5E<<O=TJ]D1O^U;WNUOJ,]PR]`Y$
M(+:K;&KWBM['Y('9+M361KF>JD[$_4I\3E+G/.CMD"=6"O2."]';U.``(FW.
M1^+949=,UMR_?UC'+;%,.2A7(?'IH_=%/S$IB!>KM\C36T)1GXW4'F^MP=,[
M%$EO/M;<2W-8R>W4P<1ZGQ=ZVP/4K="\(7%\$[':J+T[V?U+UA5,ZVVBM]E,
M7;SEA];@L>M,&U+H725`;RWML-0@ZKJIFB>D4<.G_<VFWF'H!R64#^H"XK"D
M*#'CZ1WK1!V735VU3N_`LX/JZ'-8YIG>,HI8(A.?9GHOEOSXT=L?1]Z$F/H.
M7/<@++UCL*ZTEGO4E];4MX?$O,=&QKZZN?3.O-'[OFKTP$=DO1$Y3$PGA4#S
MFL>?WM*.=Z.UPJ*W)"465,3#_=!;VSLH(U?OK*7#ZOI"'IZD];[06PCH+9"Y
M7)HV;*RWA48L0(DEGMX9N)JGC1#[+;0/:M":N!YY]*G6RZ7NMNJ2=YK6NU,W
M==*L]BWYM#XDB1W4>EL9Q!::WF)9\Y`?ZN`!:G^\WC5/^=:+]]F*^TSOXTQO
M\YOSM&H-UX(\+=(!]0Y;^:#U5F-53YMM.]4[#T!S]X7FM-7Z@-3[EO_`%$<V
MT/1AO8,RT*C#$HU/M`-J'NQSQ`:D-F*`#<A:P^EN0!)3@_HBDEC9(R;&L][:
MWI/>5^K$VN.!J<J:7[E21V#IW0J*=>7-ASLLU5;O$T-OW9&[SFL3`J-[D1^M
M=YGNJ@5;W]I(`>VM;]KQJ&UYW:UOS<.`B:FK=[`]\5;[J37G4=M3U!TSJ(L:
M\0FNSVKUOO8B]CCJ;>]1[[,1M?JC=^\"W<740?76M:BS-)F7=>)ES8]<K;<&
M<1XI=3TMO8,OB!4"+^*K##Z"^`BJ.H*(O2'$!YK6K*?Y\4A>RXVZ(;;>-BZU
MWY9:V=,;/;U]\H'>!S@Q>`>U;?5V_N@>'L9Q)C7B3+3F/+X29BV9M>0M:,E:
M;S..O](&.[TEGN;&%*>@Z+1:SRW7,/AMEOPT2\8-Q<_PR'3LB?O:$>/PS=3T
M)[9[%'JSUY>S]->A%X;>]#6.[MBN.'H0]N0A?-WMI:^K,=_X'?CZU]G\OSX(
MX]J;SDSWV;`\>-[U0D,$H3ET[.#!P(]'9B",H1G8@>&+0/B/\*VQYQNV&T2^
ML`Q@2'MBAK;G!D;X8(:&Z0O##`)8+/PU](R_Q+U]>R=OKLT(OVA\M,$.35K^
M]MY\])XZZ;>Z;U9XXI.P[&B:?P9F]/)C_P!`C_-/W;@P9V&(1P&@?GI[<V6(
MGS,Q"@.<^,Q\-DQCY)CVU'BRPP=</_X1_V:Z*0`AM='J!N8(9]\Q[-"8.>9(
M!'*6V0O3KQCP?S;,-K]T!\$?V_#%_.IQM:9K9<2%0<T*XAX3RZM_/@B),3(%
M_+_KP8NFINW:[B3&&B8ZCD)860PUP#X%<@2=A8N6LYUZC_BD[TWE]Q8C4"`X
M[>)P^XP]Q_&><#DSWWNT+8DK\1DB@I%OSQ3!QX8P1P\&H/(H;,<QW1$`9X9B
MXOG/KVL*H\'QZ9;$D9R$)4:>+T7'Z\BUA(^O*0BJ7C][URI2)$=I:LL@>\^-
M.W(B)+,=!)'P`^-)<K<EAC`^;"$;"`*L$(J464U+_"<"$AERE<8H\GV4-[@=
M33>T1_;,Q%TPLOU1-(7]"20-CHU_>$\@E_S.PI'Q>0^WEC$5)NZ2`+EC!+L%
MY$80S6:>KUZ"6]YV[/#9F()(([8CS$=<^PAI!V^RD1UQ/^;WZY,9J*4_^788
M"C5SN;DE@@B1(P+`:>@(%*XH;!$&%`R^7*!I`1)!+*@!FZ_9Z$`'%#`P1K(+
MC(EPA6\ZSC.(B?]$-A!GZL'_C/$W!'[JN7;H^;AGX<1R\W.-SS#+DR>A.9L)
MTY?S@9>8E9N.%LWG8^/FRR=XT?#?\AA*>*RT1H!);4@A<1_YL"?<Y[K:2*L%
M0$DI:+L,Z!BF$SYXT>0AW0`A/&4%QH/:=8_"\6;"4J,D;`[O=;T(GH<]1NR!
M@+TR7JQH90#!00O2N*AI+6)D*9)P.4,?#S;4*%V!ZIQ<S`A.>1<`"O"3T+<G
M$Q@$]C^H+R(%/UWZR/$"`=L^WN`PUO!9[J=A%.:D0FC^$*A!8!<DQ\@T*1`U
MMF]X3[65^E9O(RJ>63PU-1-4QK?UKET*A7A3$AN>R+6/92Z&G>4*82'G`\NK
M"8#.;8FQ&3FXB]PY(14KVW(/)?KX\>+=*GX^V$,[5(M"&P_T[!'L3^-)F#]<
M.,11:@41**APYH->7'P;[F;?G(@.S-N*4$+%AN081K%1'HY`FX9WP3[-RT_Y
MK52".O9_B%U(-FA,SQV`RX:)C[S(L4`A,:7U6IA_"J.M[$9EMRR!:P/A)H6Y
M?`8U$!15+GP162NH(+@4A;X`J0R@HJ0S+6^&Y$R^*/$#(S)6NF"X(#TF4AZB
M1;,PP>!`9.E"J[LY>4-\)QA++^+YPH%;Z2I2HDFZ7!Y`5,Q,VTJ=+;`;U)_-
MHDL`I5M.1H'VY`0>C)Z(W86O,0NBZN/5^W1$?/=0P!:;@GCI2$&3O0/W_U#$
M?X*?IW:(`U.'W\ZM$K<T3`)%1[PTW*LSX8/]9D_1R2!B_\C0@RT]B_P1K$(H
MP3'RIM,HC'=]+-N/C=\3U4?)"%1'Y=:7%E(L)J0QA%J5,B`3Z&8>\#7899UX
M,O@]L#1#/QJ![(/?T&+RI8[JB(D2VR,X@?`O'2,*(JEQ2?<92DS<)4J[15L5
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M!)%NGV=X\UBHK8A:7!0HR95"6:`PZ#"N-X7WX$KL>"0+M2X_2#0@7U`WTU.,
M@_!,S7][/KJB8K@*DSLV[FT8U?114CVGJT7M!O:4,4%V<:7<KK/DF+(V^LND
M=TDY@6`R.3#@?!D7-L,32D/T_`/?/<.;<`(XDP+'!AWICI]WJ].BB4O*%$L\
MO!Z`,V$=P$&@<F<+\M!CEOK[+>1#0/V=&(GI$+[5[W:('=6]D^Z`=L1CXP.L
M2OP$K0?/(#-9:E%.2%D0WS;1BH%8$R`^\>/[CM3X>I(F1^S4&>&V%DKFF%.Y
M2*!:U5U-@;@@6/+L*D^^F!TD1KEW@,Q9\(Z7!\YM45I05B&N/(7`*@3A"3(R
M1C$[1E;#,98-RA;%XX,<Q37>L$PI^<VR'Y.?<S_J=*LL?U4'X^NAYU@KVE`9
MU:7$_1(!."/C@SS]R+3K->86;\N;Y.BN:;)V^Q4VJ[)CMZ7P25QG"E>E5=!7
MV@&PB*4MM9PM7.R`(H6V!_$K8,-/(U?Z[QUID`5Y2RDT?QZ)GV(Z"V/WRT\I
M#VP7W4K"0H<9CJ"HY8$B#1JM@[<_L-_M`*?=P5/[28`5C9=HH;K&`P$9^O8(
MM6K3]O&>#WYZ$'A;`,>$+Y70T`ZE>Q?_HL0JNMPDY\,K:%$8FR.<F-3D@Q`L
M5JF"88R$<HS!%+Q8PX]`+?'E5W/WEX$Z4@S0JI5>)O^4,^/E.%)V@L;\*$T#
M.`/D*/*^+F%QL$C4O9G\5)UE>&TW1)M3'AKQG@"K&2Q;(=UGJ;1/3),@.5I0
MD,-O\%HU^TJ#)Z`367&0K.G;7BZ89A0%($#@2_(,E+?_%5$1H"EED\XM1;(]
M7CD5/9F1D!;'HM$24R!UKLR`/%X4RFM924@7=>E0H"\`1ZOKYBO;QY=;%)=7
M<AO2DC&O9U,[`377VB5WD$^R3ZUPAL6]GZIH<@?1+P']CJE-&GHA;`382'^F
M?<G@E)B4\%4GB38AGNO%>3-S[221>M+%V8EE5>*6*6GGL/.IB=`>&E#OJD4T
M\(5CQB[U*MU4'O"!LO9E.!]M5`U&\0A0NJ@53#XQR(1QK&LABZ.@!,4#W726
M#!XSC:%PQ=@.&]BKW9.F-@"HJJ!MV/*2)67^Q"\A+XL+`=4CX8<F?!C'J>3T
MW\2N`!T,=5A'>GP#$:)BFG@ARN-]`<T;7GAGCSR\T?)DA&!%>&^;[C&N8XP<
M#^VDS!\<Q,[X.+I*215B>]=4UTG#R)J(T/2?821?-*(HF,88OD`[IG19C6T'
M8Z:!.7+!%0HRZ?YV;>32^U`:#F]-]X<?S<+1,RA)\>6H'$5(M5^J_Q[&EH(U
MAO\;A1CQD+O^*^A4Z#F7=W^9N:SL-QOO7EUSHBX@U4WB3(`%9$F=/,`86)QY
M("UC"7E\0YH%:E"[#>+X?K6S<(9IX`?L.!G=DIJ?*FPLO4]6MQH819:S7I%#
M8O&&%\R@<-J^XEH\TXT)O`80-=Q("G_B0*'"+48:/7#^)FC"'U0T(JND3:UW
MY(QU:J&M(@9I1R6/I9#!HJ;S_%^]<RWC0(+`#J-X!\2!F=0Z`[&(5`'W>D\2
M-[.T7!P'3O50Q1#3OL(RK$BYR.F=(B@\B9E-Y010'\'D5?TQ(ELJ+PT(!1F+
M:$MWPF:'.YY+\EC'(98=Z6F2()S#<"`:,BTB/AU5F*9E8_1C[+V$"3C*$:G,
M[B?0C0UO-**^.:`^:-@?>.C^P`>3W-5R>7%\28SKL$''4&_0U'3G?4.PU2:^
M"A8K7C)X5=9P(!]0UQ/4:S[MM<AS=];=CNM.1C[Y8NRHH-C8XJ%]=_/V22Y8
MFWCJ\^G&S4R;/I*<%@5S9H?H(IG-?#&R<WXK>LT,`Q0]7X9BAK'U[2<!.,0O
M4^.#"B/H%0+T>2>1T,7(40P%&!%;2[J%/S=SO2M_K1.0=(-:L!N'25!18(U9
MY12F^SC('OA<X]"HK4V!W''-`0:M-2@ZE;'DU`[-G"2(ZRBD&S*]MTQE=B`F
MZ-/-:S#$1*FJQ+/X:AN=T_BC;ZFH=\PZ\"WY-9F-\_O5U9=$M4MOIYIQ"1.[
MD&!1]%<NY"..;3\(CQQ;N,;=I[?W!;^XWLX/E5Q?8+$<3\6E,9+4M%S,''J>
M4'%1MSJ!S`Y+RI&`+,>X/;`HJ'>%3'I05\>T(Q>7C6DH%=DY?]R\ST7J"<?.
MYYD`I0$/2XH0:I)_>1GI+'5(U>12:4?Q!:`9Y&FB<@=-W[>54CTV;3_.\U(>
M1)06*E@R^Y,\TI(]OO"UMCN&[U*W?HHSJ6`B,&5U`L#!^T/$<;;97CN2.89C
M##6!#SP_IA;FSPQQ<3GA5\HL*-:CROE2JZS5.>W=QKOVN+R8.0Q$K.?'1)J[
M`UP*8AP1(S#EPH`C27)8[)P/J`M'/N2I%\:Y#.JT'4533`;$R2%LH&7]5Z3W
MFNE)DQ3D"O)+"![D5:TO5!&3H<Q7QX6925(8YI)F!WF6\]9JI>^S%Z:EC.+\
MVC1Q3.H.^53`;)\M3`5,I6OB\U_`A[0\,<>9,KY]GEWCBC1)'#=R*7P/SVD[
M=MEA]F:@0O'P_/:F&(3M>QB1((OM5:VWO*4ZR=*3D@=2ZJ(TDIMX+GMG')\-
MQBOXNI#11#(,H;P+#1S1=G]-PX]4!`)&XQ.7V\2('?)P$?B3FPNC)U?D9/JK
M^:Q$9QH=6XAGE81(4WL7<7"5D+PNBT1?)+G&(`0P!3@K4R)SW!U'Q$D=,R=:
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MKE1E,@P=4L=65CW9(6[>F%-290`3_([R(PH"62<O*QI5N=SD45DG"2W3%UVI
MJZN\2HDM:[V9QEKQCG23&=5J41[E.[1VB+=,L9`[[>!@)POC_+7Q`;?A'XD"
M_R$%\\9%S[L$J3$1DW"$%9N"RDEF*?MU;O\H/EGJ"!+6,G]<6]P:ZE=\[#5>
M[MNC!8X.Z>"^QNN)M_)ZXB[O.[[+G*BO,IK^GFR0H"S<]03CQ0X*!2Z0D"SR
MH2NGXT*W![$?NVQR%XZ33$>1<ZZ\96(+@72"*%N`5Q^,^"Y+ECI?<E^4&J7)
M289^J;CP3$XJW\%A:MPA9WT2X8-G>8XW(8\B:2P>"9FR<@6R7J$QQ4AB$$9B
MEJ*0%HTSB:MZF$/<!,#RLHB%@W6V\P=`1U%BAE</F`@6WQ0[N'<>C#&6O9UZ
MEG`Z<?T@+,HH_)%*W3,?3=N1><?R.[*D0WSP4S=B3^\S:,>-7?[T%[`Y"4D[
M>$XOE2%IQY6[IJ`-X/786/8T,!,'8UK[0_E!DQ+NR"-81!2HC&6GX.!170:4
MIYJZ'5+\NM@XR;UN9L_P%]5F9?0`AY6PCKSQ6%Z0VO^)\!X2RZ;F:H&F*U?N
MV]Q),(XOG6:^>+0]Z6+%PHM3F-*#.LWB(HB6.DSR]G7>`/'E4:*"1LWJ\BE)
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M8G8DG6#AI(TQEI0`/OT(?%D0LE)B8?>0=<Z)*^GU0495T9>*L&DR&A.V&<*B
M^T^>RK$].>]HP:C29^6;Z*B@U2KRJU`'N0MGU+=C6-=(QLO2#ALS%#&<TIU)
MO/X&_..FRKJ4<1S1,%"M.QVLNF7ZZLHY[CJ*^_*'B#4WU20W5A.4@]6._7?R
M8)$'#XX+7U$IY'GW1EH^N#5TE**FDMTQH%WXR)E*7:/VEZ"K+NN"D3KM.E+[
M2EUJJ@&/17RE5?#+=9)P#KN)Q/0YMAG+WE0)WS3")M3>^N5L(KN69)SRL1@9
M6#2DTCK89MH,1^NSJ.!:QABM)O8`L23-]E':,VL^S3%_$X&E!R9N$\E[,J@T
MWL3$%])6WKE.C)^:<7:'H+J8-;99MRO3"YM5RJ+`_HFN<6)'B]S;@MK''M\>
MQ=D_,AE(M9WSC`<;8]%`TU8`-%"E=*NW+,3[1;+OD%@V!NKR*]TJQ8N>DANL
MDA^'`E:?U\4,>ZK:"6)K096K@8&H&%>9^Q)>\LI!7:"@9.&8-<B%6(_:]945
M^(RW*AM[I"/.]?LBUAO'<]>6(V(/=3X@0&F)L;6:>L:#O.%*^W),9-&:6Z@K
M;?]/)XFKD_$/PI<!.H0U2F(4XLY_Q*,&T62"O5.DA*4=NT^>?"&E'K83C'D;
MRS@6+_8[BT^)))@DYUJCO^0@+@;X/VGR]C`Y*6E?H+=@7TA+27GR=U%KFJJ[
MO+P75EGSK=`K;)GL;X-*!691G,>Z2%-Z91^+8^KL3NH]I+@EI4),%7)BG!R?
MTY,C`3Z'N;S5HGU1&BBBNUY&3[5/YC/]JFD').:J7X^-JW&HVO,2BU!DTR/)
MIK&?FYCZ]MQ9F%J-Q(=BL7Q#Y,ON@$IN!`TX<8BO06*W.[%THQ9M0^K>"3+>
M"S8?=>>QU`&JPDE5[E7JD(CU?5FP7)B!Y\IB-*EV*JO"1S+B/BM5+J.)<X9"
MT0GE>$_$?C3J)+S,/1B77"<>?T2\GV7#5=0A)2F5D^\9-&MJ_UASGN^BKSH7
M")Z_\=J2[DW\&GB!578FYT+\4S>P^FR^+/12/ZX:G=@WU&ZG<)924#SFLGSN
MH>?[LM6XY9O4_9_DU0'U:?WH.9$K4Z!H1Y[Y(FFHI*X\Z,LSSCS/2<-TLR1M
M:K.\`>].UE:.^$9@/(;-'1^X,K\N`#J85ER"/[X`+F0])5V"53NZ(-_#C]J@
M#V3[+=GCSIX.(S\0<3D"KY"(3>R,IATO'V<<!;%&&SX)YU'$RGMR8YUMK-Q6
M:$`@I)7D,OLAF8),Z9+=U^(^VUX23Q,3.E=/!7WV,M`^+16HF$3>D,^-*V6;
M*E04)-T=G.>T9%$<@I,$E.*WTR9K*MKG"S$.\GT8OI<D;P99=&"6O.:F,6@H
MK[&;>)Q(HC8)L=@8"F`+.'EA.BI32P(&,Q!Q:9OB'[)R$,.PT'GNU5S)P61<
MVNE24R2)^_KHN19@+TNR#TWWAW$K%V*I</Q\O.?'F[>W=\4H^J0WN>3SC@&&
M0H30/6.@NF./9`;N&,L/*/;%?EKYC+/.?#)OKI,Z?-<;Y7K[$6O-TNA-:DUC
MZ6FI=<FZBTF*P10[)F+R))Y@]G^5:11W300]S9S9U7]3=[)8*0E^G)C`-Z$J
M%5>J)U?J1J"6GU/G91_$N%-!_D%9_#&Y_(WK/ZH0M*S`"9;<BZ>1%N&16=T6
M;GISZ#VJ/%;I&\:R+<2&^ERI-SOX<33&8!X_3ETRY0R+-07C#BCX"$)66'-%
MSU:49>9SLDKE3TP8&PLHQT)E-!).<KIFV2@Q`FE$8[XD8NGEU.I%19(NL5V<
M9I&")?L`&ZQ0ZT":[[&1'N-&^WKX3KM-"6XF0#O!]G4GRW?6K:['&GI8L`=D
M%7'7J?.&VF4WT\+LK)G)+FEN7\HY5IWM#3/V_&=%XN,D$N(U]YIH"D8L?YNA
M]H!XQRTBMIG5L),Q1%F5?]AMV`]`*93TMQ7/PL0NG9;F4=<'?)(4A32HZY$L
M.MX6$2Q3VE(/CCI.LJJ'P'VN[`&[IK2C5MYRLM,DEYY-08M76&X@5A`>36^9
M-BFZ>8=9W*$],##;<@R@>86;/)F\*3U-SG/LF4D,W%GJXLD]@%+]T1:R]&@A
M33Q?%DD%&):\T:]B0YSX&FN2<_NIOD[I[[\>&_]0W<FI;YODE2BQ!5FX8)TB
M$:0/RAXAUTL?G[#LD:J0%0L<[,>"7N>T7+\9^PWB*#QYG:NV/%J./E8ULX"`
M9I+OES0*R+U;>A86$#\OIY]D<Q*@J2]DV3<?`]75S]*921[[5RI!(VN]`B<Z
MS]0NYYMQ%3)Q1&M,G:0+2^K:5[?,R8U@8[DZ<K?2#HE..B"JGU6.`/K3OJ+D
M'-%:Q_&B$`/0B><8<TKBMB^V7>E0^VO0'Q;S8$+5BD).6I-!B9BAK)+B>S^E
M]PO0H[:`J"-P8NWET$JB)54H]T9WRJZ,E4(?&.$3;*3GF7+!EBH32^F97"J5
M='PXH%5QH]?Y,IJS*#S"8E^Y6YC$^9T;5&41I/?N2:H,?BB5JK@X>_[EV!DL
MOL8(L%*_+'Q+G8V!QP;`(R\V4E=[[HKGR?2Q.K,L8IU;--`22"]+&,JE%*Z@
M9`Q-X29=1@.DUYYATBXM%\I6J.Z9@)!WC[?%<ZU^Q<>6EPY_KP"ZK[Y%U7-M
M[)5GKWR5PR?UEF07G?D.HF.M*4BLBYSV&G+'-L!EQ$L_NVC"!U_AB1XWXF8N
M!%BA2)N9@;+5XYB<M+IO?+R'#[X731[FSCKR$KV+]!%BK)OKT[SX#DCKG=SM
M$W>L:\].[EZ2^X.)]\2F-U2LK!#K`=2F_&5#5]=-;)->0P)"^2FI3Y&XS1.>
M3YDA=Y-&N\6AK5)MPR#!O#TK5=)<U&$2>:%",*Q_1T&H6K#%MSVI;ZJQIBG>
MRTWJXM@R1ZXN>!`BE*D<Q([7O/C94JA#M]]KSQYIR#6W,1L7GZ.=W.K[@O2U
MN27RB;A[RYC:JAHT=<HTL-O[U,Z0]$2D'1?/UUV?B#7.L)V<.A<-.3::X,.&
MMLP&XK75KMWW1<]&4$R)*[GO\1:A>(=1O$"9O]20Y['*!JO(U4DS66Q792=Y
M;O$"Q<!.2A@4@;DB\FB/'_"B,'TB[7\&,Q_;LN-D\KTDYR`MBU9TY%C$JN),
MYAW'FS[7-R#.&39>J9S"6"REB6"Y/@_JBYTTI4SF56"[>UF.2K:9*O?G2#+=
MXOY[JGPJ>K>J$T%_[>3G%T.1D.1+EJ*$B4=SR49**J;)O+Z(FWP"?PP%=>F/
M1SNM2)Q+DJS*'P0R?[)=&=T2Q\T$JB9"!CW.N_)1&9^#9;@Q\4WU,<3.Q7&Z
M:-*=(^[HE5QK%=CHV/BC*J=1!51E:8!)%(YJ04<+%4?DMD`-):\GB:(M"G)%
MH)?FV"I^C.]?5>-S%4`6)V'A#HL;=!,C*:O<)-%L51=(^W;S>Y/=G7]*Q.]'
M>8G>CG4N"+OPL!VMH`[3E$F:M$,^F-2I@X$(PZ0M\7S1<MHW5=D*Q%I*',X2
M7W)12Z5;%P\[/#.+R;C7Q"6#9#^\^\@.@B06%[5"/,8QWO38N)<DDZ(O.<4?
M0$""HD*>)3Z?/ZS[X9YR0.X./^F'JS25U&Q>9+YFW=UE\S>EA35]`K=*6F(L
M)WS11U52;H682U%9EEQR[>=9V)X+)LM'C6$%S>Q(D1H]+=19P%I,\M[)R?E1
MS_@'5GA^KUI1IB?95S\*YCM1?OI:B`\KFH''<TM%\0P&#6C4[B26J54LAC4A
M@B"YJE>(*!!2"\>&O?YH6Q@$/A=XE]A$EAT`MXO$"`5%7];@P'P@F%^<T%YH
M?>+++[N>S%'W&RBZG!6>3Z+T95HX[#\PWZBCY.\$]H\A+]W7F(/]LX<5][JO
M$9RI'2H3#8EY[6&Y_8G*9&G,NZ[Z,]$.GR49V*[,4Y`\1[R!AW#V-5%&,MLD
MR3E.K.[D)4-;[`".DN0HR;6C)+4F'_UE0O_\DMI#3SM>?#5!+(<;N'`[)0>R
MB;H'\Q<GM"_(J<;$,P?UHJB=MLC8[B25F\B]M,4+4_1=8>Y(Y(/:CG6R,]TL
MKSO%N258?@HSDZ1H?!"F+.N5&^U*U7HKW*;!,X^F;\O29>F5`XPE"_35OU%M
M^24=?9/+Y,0:@D%%[):1)7ID-E!8L&RD\Q<58'E=)!U$GC*/(_+\VW37$4LA
MI'2P%4W8>)O49US=/,8:SNXD?,@N!)30Z4BT9S[>IP6I5TQ=YAJ>JLDGP!KW
M@]\PA,$>P4^=N#WM2%YTP8#J>U//]9#KU?U:8AS0`I&9&@OGEE>ZD(4ET]DR
M`4T*#95(E]S:Q=>=P(K91;`M;Q/C*B8J4S\I^2KK2]'7-AETFXKR2;(4V/0@
MO5I+B]T$JF(JL9RLX-,LO,%-?=8ST[;>(&_'?$Y\KQ&+:E<*8^S$$^^-5()F
M'@"U[62:-\@2+"<I:TH&#TD&./X9W_<OS_]AW(?RC_"_$9;&E]^E=FZEA4,*
M1<?3#/ZTOV]07%+.ZZWJ9(8Y7VV4"Q^1DT[$@HVU@9]4CQ.W>JW$MD0>N5;K
M+Y^]$,^:Y&Y&R6//%Q,/?NL8Q*T*0>WS0SA`0NHRXDG%%]I1X\1L:3LEKO_(
M4?X#HYDB%[&^D'/NE2\D<FPO1<-TIBRP^((@Z1&AZD@?R3K""6GSA<!C4>H7
M;^OD_GO.]3+&BKA#\FHTJ?Z4._>+9[XQ%::*'DMTCIAY<JVH589K1A.@E>=$
M20QF_I*AC.*Q\<D+4@4MW]Y:U5B1ATNNT?7,]#$(J1(B<G<8L9_;ET","A6(
M\\5WLEK$U/6EU$N3A@I!X(ULR:MIFQU5*>-9SBA+@BQ:CVF-=&)=@B]%BX9L
MKCE(UC\Y7X`<[T'!8H37CH%.<;UMVQ]%4SQ`1II[4D%T6%AERILE9FZ^UG5<
M+R^KRA]'OG8*LD'&;F(X04X4R/H<69ETY.K&#H?L8/@UZ4.KI)&JM3Y?\CR6
MKC(XWOX!Y\"#YUD+%V'F\ZR!]$/9:,=&:U>9G+.9,E"SFW!@9]5S`2]G31DR
M*Q%69FQ\(F'PK0Q4SEU9N=9O8/..0&&;B+2A1A:ZD%9QEVWIE=RF13,Y!?[Y
M8#MBH=F:-)V-S6TP554[$-C"_Y7.,W*7)[7D3ZF+X;'4OLB0>L<7XS+(<^'3
M@*><(M#$M5.JD22V8DP'V#@8U#P4:4%!,(:2\/LP:4O@Q9J8O+`JUCDS)O:C
M2`KU/*BGHE2MIEU*&D8'WW#A`)!%FT#!>DS5!Q5&]DH<3XX[)=$DM;N<@)55
MVV*)X(O_1+:?7<?);A'8BB'NW(S%"2,950"VH3_S4!]42F^BCEK8F4(J91T4
MW?^.K$D6D:"\4_D[?6E+X[/8!0$42QN-4`R6'WII2D721PRK/)JA27V/Y\?3
M2L_0H7!'#W`:_Z@=9:MUK;,/MA^$A5)G"_(P6ZHNS07?%1=;43,0$Y<X&H%2
MXBK)D*\WY\0M520-T+.D=CBQD>:`",>4OT=A7!W-S!EY2V6E=0UG,O.G&$9'
MC"$QS\@:"I;`KCRV6S`YXSK'M.\#8G\2<&Y:GN--GHL^8M5!*\AB^])*R_*D
M26,KT>LU<F2-P8YQ]_Y6ZUTD<[U,]X<?S<+1LSS8:%]`78/F?ZC##L@GV(`7
MA[Q#?#&2XSAC9:4UQ>Z<CM$_.3J]!"7FN2(E\>SDZ"+[&[%_-_<FB>?ER?]3
M.0W)L>DE@&IVE_?_'.$J[;$]2OI3T<Y3R@?:(2MZYQ)+$.5#(W;/A4`<LXGP
MU,]@[BB%Y.30%!)5R[R!7%+/I?8HJ2Z9<5-ET.D=E01!'LO5HY:$RC3%BS^)
MM>S89AJ]0=SW$[UAQ-A;>Q"IE.OD%??"RZ7"PV_#YU134Y<!B6.BLC]?>@'R
M6EKD;PS5J?Q-=0-SI96I@;.K$_6*Q"V0.\^`!64F+-!YT2&2]FD8YENC=TH7
M7<2\;`G3R<ZGW)2](3IADD3TM"NYK):@V#13/:6#`27$BXN+V[]7+R]1;JF=
M%?3:55'KQKN$%U=>8J$Y$.:T'V&.B!L[&$AJU9?733.XDXO%:BXH>+D*?)GZ
MQ"Y/_J>1D(NO14CDM+'K;.:L3YR1Y%52$7J)R%^:RXW--%]R7O]_R"5$5C9D
M&(U^B##KZ5QH^].(*^B0-2_R"T/TP9.7!/'2`WCN_)4'AS*04H=U3CR2Y\ZS
M&[+):((V:8=PY";F..I_Z?W5*)K*SQXS'H6C=L[+76H3&RN7Q?B>.;Z>NVAV
M[/]$<8)`$C2;\\AA?ZS@P?-AP<2N0T?$BJFMRCDE\TB2CTW8@&-3%6"1FIR-
MQ87B8S\^5_'SPLE7/@`T=]<FT3@R)#-46GIL2B5ZC]3&`PSJ5'%76?DDJ?*0
M-T<)0M,GAHV\^@.Q%I4K^Z/*[*L"64F]K!SXQ-[D,#92,MY7FV+NM<340"D@
M"Q"A9I2VJH<]%=_^2@P*%8J*`B4O'Z@/?NS\Y_GDR7)8R&QDSTSZM#"E2!`/
MFA1&DSSX@!4G9F#1"AD3!7^#A<C$#3\I)Y&&KZ)`)&86L)XFR"6NS*O)TWZ*
M-]%@:D?D%7-:?:1STCOMF3NOY)A#QR9FN`>1%+%-6R'',0,R\PDU,^HJ^F=-
M%9;-Y07/!T6H?LU<_;K1B@<)A^Z`IP8-M2)ZF:<6%F0FGA`U8@WAM4*)Y`^-
MM'/B&J7M.L[2W!OJ^OE-=:"0_@3IC\C$6APPB\GLIH_WF,%Z`H/8L5"H!V^V
M160D-?-?%ATUE>.MQJRJ7_&QY>5A/Z'CZR@`&QS$XO6[VX!,+)1G0"PH%KV`
M+,YET0ONWC?]!E7QX!_`#\:_;.%@Q3E_)N.V)8U:;:5AC=V"[S"IF6],YWE1
M.DSRG0*3#'%5L]Z4=5J$2E+*5>>G%13P^@F*`'E5,4KI,/304P5B-@C]:!3*
M%:AL'ID$@%5EBB7V`V,891'Y*"QC.2V%<R*WLV5TC"OX7&[)W&L5+&[^BS#?
MV%/K@?JK$A*"7Z4_*YB#[TEU(HFS3`-#V#)`/\M"FD0F-F`6N1+]Q&)W!D)5
MW@1B^)[*2K&$;S]*EWN0.6;3RL99#GTR\=@OAKD.TBM6GGUKJGBON46N[]X7
M"8H-M7T[$'DNO$9^PGX+P#CX0,HR^(OD$_E'Y?`L%I"V`_B;'XZ!1IY,!QXE
M*;3R9B"="#%/5/"!9''3]_$RW\3L2]N'W>Y$8EDAX$+5I6U4!<XJFF8EI635
MT,O7QKMT-<:-B^0IU:A2MRWCR)>;$/.5HR#(.16KEAC7V)^'"KX.`,7-(E:M
M2Y4@1*P&-HCWO8WB=='BDEU2P4ZRVG8`,M<!,PV#]*50C3,NL<F1'?R(ZPQA
M&QEO:H_P;F)L.RHR"_,4ETK)5*[-^2209Y.KP:FD.!+)]J5/-ZE?8$Z%\60^
MIZ6JL@O%G!^#%LKW:BX+EI4L9L_$Z`,J5,]2H2J<J#FA-Z*%.1;/`5@;EN6(
M(TQ^$^%O\C[5=(Z(7S;#=42N/#73]4F)GS\T5M(,5F/V=O/'5ZE$.([WA/I=
M3O[.B#5([]&VY)52EIZ9%4FNDF3YS-`D812FF"74N:F4R\1)TNTIR`NC7$J2
M&<2%/V1EQ/@T+5<#R<)=LY3Y0M!.QW"%:F!545D69.C(1Z$EE?F9DPM];3FS
M4%]\Y(M/R'H3\<4SPFVB"80)P*)0P4$F$F/]@&)!@[CV0K4F@$)0J7H9J\NZ
M6>8(6"7)2\YWG<JG%J=<&G-`W(1-"@'D``R#S,F1U\LBQB,G^<FQ$]P<.T@,
M8`M$XM1TWJS%`<I]4IOD\9DXMQI9PB\^P*WTO"0_(:91&.>#)Q3-USN*`EBG
M-/&&R"JHC?N8!/X<6X$)[^1RN4?Y,>/K:WE)K3('0'N$=WB32&365FE@^:&2
M,/^)3%D)!#].&CC%NE$B/G(U;<3/F;RDKMCMCJTY`UQENTL%@J11^ZKRE(2:
MO"Z4*E";I1[$X5>J`HD*17F.<Z&2J._%E8-2K\!2_'_+]N)FDK<IM^7B@WH^
M("B.'$KK100B+]8>L>'8$Y`+DP:O5"6]V'V>%#A!R\L=Y8,XL)@@AG:H3W(.
MI:2J"YK-2DG/TR@LS8Z60ZK*2&'!C'@.W.JF%`.B]<W6`5_!M:2-`NUX>7<`
M[<BY@`=B.A&7Y-]J,$:7.!:CH=".!G86-9"]+?6USNZLM9:'N)$ETU(76W]W
M^X*[A?9]J;.+F@73P`)B,==HH_D>=:9V&EA`.VP#&[S7.]O.!E\66D$\@V*,
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M%N7QU;4OFK*NQXVEEP2<7Z*S<YO:;XR>;;D+X`?JW`>,0LXZ9*;QM$E\`+J5
MQ>LETN<WRWY,?L[]*)]+9C64E62.I*8Z"\3KY(>\A.J=%*1/Z"</Q]+I\OB\
M>+T;6LDWGFPK?'C=/4WD:$X$9F_V_-=O'7/TXPT8.4>Y)[(!?PNMW-CP2`#B
MZF]_[?W5\+TG]7/WK\5W]LYZQVN_-GEHT9N+JSI;_P7Q,R^N[&+9RKKG<I#X
M1>K0B/46>03._25^<WZB(V0I_P4LXM?4.78NY`@E14N]\$\G\E_\@G^A$^A]
MV0E4YN\E%)FCQRK+7,QIOX5^.UF^!F-LLD4:90NPO6-O0D4^S6[VYC(2G!6V
M)@C/*OCQXP3[AC?QV5;W<.5QO81*ZX*UYN+GU\[T7)^>95<VT[/-]"SKJ%J<
MIW,&KH:GZ7KLO)US5!H+582^Q_08*\LJW_'1224D9#?U]60$(:CE2Y<EJSP[
M:7"19R=-K?&\7&#Y15+6(Q!S2CLYY56OPO')K,*L4L$JW=/N6LPR?]RO,/N]
M4SOT42;F&N7IITLT)E7.3M8>O;E=5%&S:-?R]C"`?W5^HM]1=QC0=P?EX&8^
M-UIR;MQBD%2)?$$T:V*/5BD8N5?M_(RJX4=J8'\W.YN#-#J8LO4D_<4E4W8O
M*7NZUI40'^$Z'>$?B_D!21'.5W$H]GI&O69^Y:K]9'G1T!&5&ZI_&#ZCAE%I
M\`"IR+K1Y`#9/>S,C%MFQNY:=BLS(S-C@PK86G=Z^ZZ`G2Y1P/J##724Y*$Z
MM#M=0+KO<_]J"967EU)?IA0W1+9]^HU-I'H7$\UC;E,RVIJ@S4)J!T+J?+'O
MU3@R;I+ZZ5D]]&O9@_/;\?VQ,0,&L4=9Z74P*#V90QOW7-)-L#6Z?UHL@MJ(
M"^4FS<F*WV0>3?I;=:[-IJF?N+AM)0!B&8ZLU$::PQRW]RR[?TI[=</9Q`E9
MM,/)-"G:(54UWI&PTJ2KCJSH;_I)I3^9!$;[TIEO`[7@Z_GZ&X6^EZ7:'>G7
MTA;&<1U067(XJ1H]WV\(GU]4<5N-;HG<6VE7F54DEG5J2_.>*\[@>$]P9&0U
M)3%93<2EL67C#_%3%F0.@%ZFHHV=K3R8"XK%#R*L!*F:A))7:/QB^J%,LH>I
MCP,1AJHXL!T4]E@AF5S6]XZ=JX7**V9*!7PFK<Z&):IQ@:'P7>(Z*0@)UJWP
M`,A<'=-.D1W69,)$-Y`/%+CY)4Z8H^4\%\^3LFXA@LN21-YF><Q8(O=7E<B=
MM/:IDE.TG+!$ZO5DQ]W5!!76KLFI?`7N3GEX`=?)!5<IDH7J^/BE^8V2<=42
M09`?!58TMV^)Q<+P&2:9U+*!.<ZS<F%).9"`MH^V%P5.L8=FH=I\86]>)^(]
MWG5S[05J[I!RV8)M[I!K+PC+%7=],07N5^5X$F+GNBWA]V$I62VKJK('\-2C
ML!U'LM<(QIYXDG]45_"X/A:QK`WD9HYE(EI1JCA0UJTF=P^G>HU8_XZ"$"7C
M7W*=:F)I$*S<6B9K`8-"UYL)/Q&?^=)LP>+:;(7L]XXQD3T%Y@Z"EX@BSSSJ
M"FR-E<PCGNAI0\4[D2C$(U/7'.MOI6[I,;)M)A/E/@-^LR*L9!<KE`XH#HH;
MLRTTIWFB^N8LZI;4)L%)W2"#=CCJ-G:TPQ%7+/>(ZX]1EX-^LHG+'T^HZ]W1
M#@<J%3$W4_L$B(UO8GZA'>Z1=CC;HN[WH+6HHMZZU**/F).GQ))`:SE%;-X3
MTX*Z9+[6E!UZD=:LHO>!2ZT\ZJWN47OE3.*=1MPQC;YA+;$R2KQSB9=+K)Q1
M%U'76JX0:WH'I3A22Q7+(.9D06RDZ:WKD;<Q));R#C%\Q(<DL5U`O-<<XM52
M*[<V]02)-T>YYKI.U*76][36]O#2BEI4Z4T.ZO99Q)MW]$#?+8AVP$^TP[VE
M'>Z&=K@KVN%R5[J'I)P2SX[8`O2)7=;$`I58`&*$!+'($M3:J>:Z_83:#4[,
M,(=E^![28HD9CUMYDPQ'W^VD%=U!VIRWTNSHW=.^`F_-[)7^/.3+WG&QR2LN
MEK\A363K#I9ELIW6[E>Q2D7RY#5U(JK6*+)^GP\@O4X#2,L[D:C32)L9G+?/
M\NVSK%K0Z6FSW1;B\;>T:Z[-"`,PE^V21=`WA@"3B<G$9-H6F2H.AL;FLL8A
M,KAH<B)R]+4.&J:/'O1AG8UUMDU/&:W/CH]V4'9TKH?FMD]MQI/Q9#PWU14=
M3(L=VQ4]J[>/ZO*3I@G586<*0<I`RUQDW?.SXUY-']D*9UOREBVQW)\Q%7.Z
M25O779_<#;LJMRQ)O2<-MOS!PO])6'94CE!D"FR-`O^`/S/^K,H=*OY?O=`L
MA]-O7!IS(XV&NJ\NB2XCK]"K$/L<R4@";VS,8+:C%^[UMJ*^4/GE:&N.;^Z6
M6V$><THX(7W[%S7IN4HE6B;H]@AZR03=+X*NUTV(Z:D[/;OG:_4U98IJ3]%^
M=RE%F]0IM=045;W+$B3Z-<+<DG;:['[191=T]50\#@/\];H&,_:DXI^QWYW0
MZ:[51971IT5_>;?R`U%\[L34M%VL]JO<CU@N^5'XYD1@\>'0-T=A1>WI`U)+
M7I[]^E&!6P2'--R+L6%L&!M]L:G1&XU\D>F)V%]V(IYM1+VS$OD(3\29\&W/
M,E[9KJJGOU[;['T[_G9K&![W6$'>G8+<.UZO%RW#3PK_R7&7X=^A[&'FWR7Z
M;)R';WZ7'7J2-CR)/1Z93M9IC963!@V)@]O!#`_#P_`T#P\;Z@2GHQ>%06BZ
MV.BW7#FIH?OZ'M_7LWQ@>!@>AJ>U\.AT^&[I:%^6*M,]ZVYB^"9/-7*T?_%M
M=V3/EJ>[M/.$)42IW..U+>Z=;N>\HI=N^T48$U<2MW^^C_<V3%PD;G\?(P:9
MM##<1>?D9!]OG)BXN&^[G=[9TJW+:K'V:O$-IJ2+VEGX368Q;Y)JWUP>5D.S
M:6Z;GEV>:2F!F;HD)ZRF`?],79*]JV<.&1.7@KC]SDE?3X\%TY>"OH/.66]I
MP-?AJ,=;')VL?C`A)[Q89FG'&O8*M06J-J'E14-'5.["?IL-;&U0:4XV]3J#
M4SV];MJ`SRRY;9;L7NKI*]0&?&;)+;.DILYK;:!GAMRZR_VD]14*F2?WBR=/
M.Q<7FU\##>8O-]J?77/MF/;4^&B;0]NQP^=6&'Y%5LL8<[]V']4JF]M-1^T0
M[LPNS"[,+LPNS"[[S"X7IWHFK#/#M)-A#B3'_J,(@G+ZH`9:?SN2:5H:$\KP
M,#P,3\OAT2DD8]36+'KE!?OBA<(-;=,Q[L3(>Q2^IKV2-&;,O;?\&'O&GK'?
M5^POSO1T'S#ZK.G08/S.#D9>Y(8=PQ7E%*J&"@;UM2\85'67S?'C^W%T,6V9
MMDQ;INUATK:K=?=1)FZ#Q#V0RZO/(C1&,H#-20+8C%>^\N"90T=HV;M"FS!+
MO2^0]R_X5.NS=O?`,SLR.VH$/+,CLZ-&P#,[;I<=7_4&=;5'YDCFR"URY.%D
M+GUSA>F[PC)FOIC:T=3PQ:-P(]$*:X_#?_783LNK0>HCWIE?].`7O6O7,;_H
MQB^GS"[,+FM$P.@9?L3\HBF_=,^X0VCXYGOZ3T?=OZFR@?.A>R\/7BO'@K%A
M;!@;QH8$FV4'T^7\BO-'4_=RR=ET.M@`@>2A.B?3^2)G7?=7X\BX<HV_F-/9
MFS]=]'HG;^P@B$3Z>_>-X8N9+P+9QSI\$(8YF?AB8H;"\,;&V'9-=X0929/(
M]$TW%,*8>8X]L@5^VX1Y/IB^D`\&YE0D/C`C\")_)(RQYQNSR)]Y`7P?QIN:
M/VQW8EAB"$\*_]&&[R1=M(^7MM$^%(KUD&)W&4D*_<:3AFR&Z5J&'?>AR-J0
M6P#\\%D20U+91\CQ-V\(2S-#VW.S1N;PQ4]O;ZX8]8D,$"^B;L51ZL#/#FP%
MRP@]H[)2E:3$XNR]E=']+<1(H?0WRWY,?L[].$M6.P_<U/0G`!18"*\'$J3X
M`W6'$'_FV*XXJE:^-]2%X[?@%%Z?I`-^+2UYP^'5<`^TPY7=\[6&*].WUG!C
MVN&\<@GM6N,1#^<]V2[MB!-B>I0S5&H-!WN<F)N)USNC'<XGYA?:X1YIA[,M
M8ME2SOW62511;UUJT4?,R5-B2:"UG+*UI@4QXQ'O"V+*#KU(:U;1^\"E5A[U
M5O>(MRV8_K0#CHB72[S5'&+J3HAW+O%RB94SXMD1LQZQ7"'6]`Y*<:26*I9!
MS,F"V$C36]<CYCW+();R#C%\Q(<DL5U`O-<<XM52*[<V]02)-T>Y$X%.U*76
M][36]IR(VK]B:4X.XND)XLT[>B">H#<F'O`3[7!O:8>[H1WNBG:XY(:X>_[F
MD)13XMD16X`^L<N:6*`2"T#'(7=`"&KM5'/=?D+M!B=FF,,R?`]IL<2,1^PI
M)5[L.S$2TZ'PC7ZWH_5$>R?=<L)9K1$KNC9D=16KPUADJ$ORPBSFQS%G@7B=
M_)"/:>GEU!)GQ4BD+08FMGETLM[OVPX\S2+-EF4+]$][=:M]C03&V2V?;/*:
M.A%5%W($^?N38NNAYUB5X6KWD?\H;%2/0*&Y-D,XYE\J%;]N(-_>,#AOG^7;
MI[<L3O-TS5H/:VZ;>/PM[9IK,\((V&6[9!'TC2'`9&(R,9FV1::*@Z&QN6Q8
M`91^(NLG"#%]]*`/ZVRLLVUZRFA]=GRT@[*C<STTMWUJ,YZ,)^.YJ:[HF$%@
MCVUA:8#J\I.F"=5A9PK!>@4U:OC(ME2`8PV6^[-ANP8,YV#.:TVNVXFWI2E7
MY98EJ?>DP98_6/@_"<N.RA&*3(&M4>`?\&?&GU6Y0\7_JQ>:Y7#Z+94(V\AG
ML^MB8I\C&4G@C=-"*SM77ZC\<LTU3B*?1X,E%EM2\9<)NB)!VU*2EPFZ(D%;
M4C.7Z;GR!NTQ1?>*HKW+I3+W0,K.9IJBK/96UA,;ZJ;=U;Z;=K/[19M=<*:E
M6#L,\#5M:WL8X#/V.V3\/HN=':*_O$/#@6@^=V)JVBY6$E;^1V$9)C9;GHBT
M7N[2PJM[KY=PW7#&AK%A;-J`S7IG5K.+3$_$_K(3\6PCZIV5R$=X(LZ$;WN6
M\<IVC6=A^D'=KK'M/OYVJZ)UC_7LHG48\`^.];R/.0ST@?GUO#XY#/@O&?V=
MHL_=\,(WJAM*TF:FT+\F:53#RDF#AL3![6"&A^%A>)J'APUU@M/1B\(@-%W+
M=B?ETDD-7=CW^,*>Y0/#P_`P/*V%1Z?#=TM'^[)<F>Y9=Q/#-WFJD:/]2]*>
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M=F%V879A=MEG=NEV>GT]4]:99=K*,@>29_]1!$$YA5`#S;\="34M#0QE>!@>
MAJ?E\.@4E3%J:R:]\H1]\4+AAK;I&'=BY#T*7].&21HSYMY;?XP]8\_8[ROV
MW<[)A9XN!,:?M1TJE-_9P<B+W+!CN**<2]50X:"^]H6#JNZT.8Q\/XXOIBW3
MEFG+M#U,VO9.]%1JF;I;H.Z!7&%]%J$QDJ%L3A+*9KSRE1_/'#I"RRX6V@1<
MZGV1O']AJ%J?MKL'GMF1V5$CX)D=F1TU`I[9<;OL^.KTM*[VR!S)'+E%CCR<
M'*9OKC!]5UC&S!=3.YH:OG@4;B1:8>UQ&+`>VZG;75KX1A_YS@RC"<.TI!@)
M\XL>_-(2@X;910]V69Z@SOS"_#)?U*")9J'=RR6VP.E@@WBJY*%&0/B>_ML4
MB\OY':$_&N>+#,3NK\:1<>4:?S&GLS=_NNCU3M[800!V4?)[]PV82F`T!;*+
M:O@@#',R\<7$#(7AC8VQ[9KN"&/A)Y'IFVXHA#$#.WID"_RV"?-\,'TA'PS,
MJ4CL+B/P(G\DC+'G&[/(GWD!?!_&FYH_;'=B6&((3PK_T8;O)#U<CY<V<3T4
MBO608G<920K=;I-V0(;I6H8=ET'/FN!:`/SP61)#4ME'R/$W;PA+,T/;<[,V
MNO#%3V]OKACUB0Q++*)NQ;&1P,\.;`7+"#VCLDZ*I,3BO)'C%<']+<3+Z?0W
MRWY,?L[].$L6.X_;U/0G@!.<2:\'$J/X`^6V>GT)GSBV*XZJA?V&PC=^!T[@
M]4DZX%?@MHF$8_X6WG8E*P+$(X&]*@VYY&!>_%Q[4^"9YT1`=<_?!`8PN3V-
M)5+D)K21WAYO&(]_]"07!Q^.HQ`8/'Y_LC=*=-APU6J5Q\85[8!2.-(.^0YP
MG@Y!!O2['=J1B2?:.^F6*];5&E'O]88+MPC(=]A5,%!>["3R>FS[(.M1W`0@
M7ESKR+&%:]Q]>GM/O%IY=`0=XP'VD_%L"P?%.ASA/N[`ZW>W@9R$Z:H#R)7'
M"@@]WS-AOJ`C!'!:P4>P1PZ<J\L]#IBK5^?JE`^OX.<UV*Y\XJ;9!:L<H">:
M')\SJ4W0T@AU$W]Q3JM.[)1J!41*0;9L_'ZL3Q=5!,E?Q>\E[]B64G'@`I-8
M#9`$U5ZJ&^'<GB_N4N(%I"8DBF/:H:5PIQW2(F:(W,%3.FYH7X6L]^WX_MB8
M16![CV)'2FR7DPL.VO&^+I"X.:9\,!^%,13"[<12<VJ"?3<T`T#6<PUA`U/[
M1F`ZC^9$&-(K&BA.5S^C6V,L?%\I`^B'@#_Z7@0:)WXI=Y[#9K"\4:0D]"M@
M7B<*[$>1>#8D.26RYL07`K_V:\?PX-T1+2A#WU,>E&0%*%4M"Q;P!(N%Q5>Y
MRK+9)4ZS8^/]SYD8X9&2H".5GR@W?@HS@!L83\)Q\+\Y],>^-S4\"3$@#]:T
M>E",QYZ/.`.LT4@L/#GG%+1CXU;B5SS<@,2!I+`Q-2VA:*>^0(MKIB>F+PQ@
M.<'8%I:$!IFCR(:(/[)-C,@S;"K#]0S'<R>`"'!68%O"EX\#FXP#(;\=G^`B
M@;]XE'<,.\1Q<$P?J0J3,3,2!3#(L8$;PYQ*OQ"P7XX@Z5.Q]RU&'0=T[*D=
MZ[PSTXY?"Z(>V#CQAT@UY]$DQC62>P24H7^K]59J,%+GF%>#X%L9S3-`TH57
M'E-3\QFP'0E<JGP,)0*Z>;+G,A;*B(X.8M.8P(YVU1YY+BOP.FDIB_U;R*M;
M.\9],7:`K!)2ZE,<&%995TBSXBIQ(;C.RA7FK+L_;MY+$2]#[N2'Q8W1?B-M
M[#F.]Y2Z,8V"#W,$J_1<^6O,]E5BV$%>030_7KTW\''_,88W.S;D=W+I2^H@
MF(&85P?M0A&?8D_,'4!)TY%3"QZ$0&G!-@NUS:+[DHDM('D&)&IY_J8J5JQ*
M"D#N,O/:@:/9EKK"1[NB(W`]O9IVN/R=*XJ0>&_'^_[5W'GRZYPDB/\\+P^D
M0HS'<WR],B^7BGX4:EM2CDS,#8]FK+HH[8AV]%6OB^9]0:G,77"+M>Q`6W";
MI^@3+R2[^73,62!>)S_D#[W>2>%(6^D^MG#M>G:Q0=QV\M`:`4)--4GL=4\V
MB-!.GUKI'4E8_'I!X*58^@4E@I9U6C\_+[UY)-#5_0)^Y_7#ZB\D#>3O:EN\
M'GJ.57E3+EV4969?"]!5EL60+H;T[*RT#5995O)8):3K!GHT+UA6HG"O&X]2
MHVK#*B*D--=&.>+&-6`P!Y6@FEMMR[*K!A4TW)AY,\2H5/4UEWO[38ZR&:*1
MS'RA"J$^$G.%_,CMR\K%'0J6VTP[EY:KA,NO@G.+HN7/8O6@J76>E=0/PI4.
MUFR66N:957(LF&GVBFE.+TYJ'CVKK&!_3QZ=SI.<ZUWCPV/WI?'F-FQ#$VI6
MUJ^7W;UE4<\D)B#Q69<%<^N]L]3FPOP5J\9R?O?%:MJK(#8,3+,:Y<EZJ=[Z
MF2',EGO(EF<#G<_3>9[@`U63Z\Y5!$E3-2,VV;M4<RGO12UE^,%#?P!Z?VL=
M,C<O!#SIJ+RW6Y712-]X==JOZ@^E@1!E$E.1^.QRL!:)65CK*ZS1J[(X5EU'
M4<W.5CKJKU?-D-WI>T[A`Q#4;33^&]'-6R3J=^^BTTT;U`:8`[4EM,&?&9,M
M(':KLUM]GWR[[%9GMSI[:DJ'SIW(_#3Y]&'/-2)7UB5!E5[/V)AV*S4::1YZ
MQI@P>8GFO[3X/POK?1+6NH<S-J[Q:+3MU@J1:HE4W6,*5`B^%41-F^1>&VWI
M[4A/*3LQ'%Q[G5<;5YAN^I8VP.BCRK'CFIER&TQYH8]]L3?M<KCB.^F(G05%
M->,J>49Y=]=ZW=DI=2E$VN&FM,.IDD2J]'$,+)9N3"LJQY7TFNF.T(%Q?2PY
MZSP38QZ7B!X^9RLI=H$(HM'#_.+P<V)NZ@[*QWZ]E<5%I+BQ!'G/AJ5BQJ+F
MC`MRSFB7G*$=GJ46[>XJ7RL02:VROKE6D7#6[?9*MVM'-Q_B-1=;G,"I0RT*
M\QXRVK&SMF^TX^;:#,S+\+P`=,L=?G)=9601N<@)L8*S[*:"K2O@2`]FOC`M
M8R)<X2=]"V;"AP-CBE]U/%-VT%7"E79=^=G1CMQ$?R#:$2TQ`MP#Y'7BD6W:
MX:A)0]RD:$'3"-J7/)EZMP[,!`_VPP8QD7"7W+GD%>7C]CHCS\&.+%*V5$B4
MN)?!PNYC\$'DVZ']7]7[H+;RHWF'%%H:J!9#:;,5VL&KVJN4R`<GD8>4[<0M
M@`H-*:LZ!55UT"'>5;F#TO7<H[@E#+'@EF^@'1.;!S6@.A;:$=&_HT-]<,TU
M]JABP\6-4#KY9B/$FXW-&LH17S>]7CT:D:P8C+5)<$;Z5)W#;(TZY/?SPO]]
M+/S+T.\RD*#9;@"G2\C8[9YGEZ)-%9]7+]D2R6^C,`CA$`%MIB:127L`'!81
M?I>:U;>\9K6,&+4ZFC0<-G5RN4G0:?+4[K;_%@7,LG/B=+!6T,6:3"U'WR9/
MKR-2+IM<^2439F/"[++?R_[`?HVF,N\'_0CS)?%74!ZYZQD%-709_8R(&]<8
MZM+B2TLYUI3*NM5-X]ONR)XMWS15$FV7<FH?@+_!Z8B*?L#,^%O!_V/BZV;&
MWR[P=XLO$S;.6-KHE*9O*T=P/B\,;?^<W8\LN1_0[5S>=99'.Y,V!F>-+C,>
MOI%U]HXO:PC4%2:_3)XRJ[2)54[68Q66+LPR)\=K)5*S=#ED5EE:2Z9)_5(C
MK?&:-<865_")]X<^FZI[?*J5_&6R$LE*/5M,,WE)9K]6C73>L^T@ZLER4;R/
ME0@J0K9+$&SXPCC7B':X))[<&#V8[D3%]B^*DZW.UL4L4/IP\6=A^H$A7$M8
MQ`NF'>Z`0VY;D4EX;%P7&5LR,>T[TJU@AJ%O#R,5"1QZ\GWF:.2+,$[$Q@_F
MTQB2.+Q.?@LF'U+/%&RLH#._UT-;9N4A.7,I("*`SZ5-EJ8]XS>R/(O".&80
M1-.9RMN1:0+9GPK2PHSS"_TX)C\7>_]1EA&33RM)8_T["D)\<SX*'Y,5W6"Y
MH"K<000A_"=-V_9FF)&H<H,XL_CPY$%',HVZ_P/F,#&W;P(L:0<_CL:^@)^`
M6XPH4`D_Z39<>B2FS/UJ;F__:CR9U,*F>WS>HQWQ?_1G@^,^<>6._^D@U3#M
MV7X4U$4ECLLBC_8%*J_:(<\)3Q/!@?6'P@A$&#HB3;HT#0]T:%3,,)?;]K`&
M).W[+8F5ZX5&%IQ^7+8@MI^)LY&O]?1\"P%WR4OJF#/GJ\<#)55%U@ZV7FM1
MJ\6CG"S!OK^-B)1^[9"4E9'/*;$?\U;8W;P5]B_<GN_1;#+RJHA1>=SOK.!M
MLZ-+LM2++EHU&I=",#00T;Q-H:#RB3YND("Q[2BU07_SF\)5)AB/OQ74-\%[
M)P'^5#?2J\QC#1G1[RE/?V-S25[0,ESTF4G_M&D*G3*%:LUDZ_*T%:CH,Q/>
M0;K/I-_P5/JM1$6?F>BX@TA7NY+>?-;=Y,7Q4QK9(,U9<CK;9[&KH"7&F<8F
MUY=%I8TU0[)?;BVUDB@B:'JQ,I97R:UH+9]4(^=.\Z=)R\Z(K8Y/)`8T/$4'
MO8VV9?+8EMW,![4O-WK!^KIUBQ%JI^3:$^UV!0WN,%7;]/9+%M/472_37\/%
M2\1K<\U>CJSB5H/IC8VURS"Q;M("W60U\=G=0'9V=3\KV\`GWUQA^FY%V+B.
M>&X")N^X9GE3P[7IKZ.NKHH=IJJZ-"Y<,^U*?T45(U)U1[$-.NI&!<9:+^";
MW.9QW'(;\"1045GY:!%O?O'%U([:88]JK1>O>9O:>I[4<&WZ*\2K*GR-AY<W
M5H]SF^IS92*@9@I?,1RR*=BWJ68G1IWNR"<Z<\/0;U4U;Y,FF1P93;/^-K6E
M.TR5;P/X4B5O6M9O3>V_RNH(M`'\O>1\\2C<:*TV;#NU$YK&7NOCEAF?#O_;
M\$&4VQH'T:S>NZM>]:K[:YG*N3=I2/'8>&J8X-LTT5[*B5Y:?_5D;IYUDQBJ
M<+6\:.B(2F#[];*GZ3AYK0IUIR?KYE/4@66%ZG?)A)I`YFQ0IQ#T3O-N#X(9
M^V<Z<:*<31.8O.J>GE<<-LR(^C#BVKGH3?-B*7>=#IF:94AVG&IX&/RX=M9C
MT_Q8BB.G0^9\K08?%.6!F1W7+&N\;IF!AKF1R`-?>5;W3]<ZJID=63HV*AUK
MGM;,CLVSXS91684;F\/E5?>2I:/N['A(TO%5O\J-RPRI$T.NV3N^:7\C1<70
M*DQ.3QII)7:V[`KHHAAVD:%;!"R#=TT.2E]0!["+!8!]S_W;&+EY2V!][+8/
MR)(K*>/(^.+;4].'$0K%_657`%ET-NX5X(W3K@`5!9HKT=NG%B^E)6_X`C6@
M88F1+\R`NDSXD@X)$UDPJ;JABR_&CBH#'@\P\\5(6&D_&UG4?I;P"3$4M,/Y
MPI$](&A'#3V%7-H7@W;XN?89^<X:GDO\KJNW]\;UN]N@@:+]I@NS#X7ORG8;
MI@/"T`3YX9MN8(XJ2__4>MVQ`?LRP-8./O7VG)E^:,MR^]YX'(C0&%)SO>TJ
M`2`)GFY$*Y)=9*K:POB5T6FU)M%IR9Z&/5#@6ML-(A_V^-CV`W5&!6+DN=:1
M8PO7N/L$W[5A"\'`7A0&(7Q!-KN1O5_F2Z23-QM1>YEZ8U5(AD32`;\\P`EH
M/-O"067$GWFRHPG"1;SAFN82[O.PJVC[#?L\D%?US^!?WNNAMXW(I.0U6\Y^
MV[S?PUH)$]SO816#C_L];-KO86=QJ@?<\T&?.LKZS(3[/N@^$QUK;NN`BSXS
MX;X/>L^$=Y#N,^&^#WK/1,<=Q$46-K5%#K/BV`9]'W9LI&EL>FW2^V%7:+:A
M\!CW?VC/6;'5\;G_`]=8WOJ^W.@%.^[_L%V>TW!M^FNGW+>!O&\#:ZBDO1M8
M1>7^#0>G6ZPF1KE_PX[XA/LW'.:.8UV5^S?HJ[)NVK^!%5:J'@ZLJW(?A^UM
M]Q95W^4^#H?%F]S'@?LXL&*LF^+'?1Q60;-WTNVU8L]Q+P<-5.Z&X>=^#@=4
MW)O[.7`_AP/E?.[GP/T<#I'QN9_#P?5S6)KSS/T<5N!D[N>P")F+TWH9]5SL
MCULZ$)TV_?YZ+1V8%W?`BP?5U8%%H^[L>%"%>2][+!\U9\@#:NO07:\3&',C
MB\=FNSK4NX-C=N2N#H1G-1_5VG/C(0E']O+HSHX'TM+AA?ZQRULZS%^SU*Y5
M2=33@2+:J&Y+AUW4/FT*SW72W"N=HT3SF/-U,MH+W7]4@*]?9W+_,5^DIU!A
M7JL2RWYBOLB-0]4#J$YEE_U$G+E\!Y@W.Y-:M63V%''F\JUC7FU846G^&U7<
MK]-B[6RC%FMGW&*-6ZQIU6*MH:9HI39FGKM*,R7\\-OQ_;$Q`[%@C^"KKNF.
M1-QDJ5/5+6M!.[/C93U_5F'3DYTRZ34M62)B*I<C7VN-)XC[M9438>IM<-KA
M9L3RAY@8MD<[7KG8CD[$(&^@1CL<2#;:`8D;M5$?><3H:;W8BA(E]:2HUJLE
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MZU\G[/0V]P*]S3.][Y/T%N_4=\!#X@'U7BZQ#DI\/Z6W*>KYU/=GU`$7M,,1
M&P3EI!"=B/OU01ACSW&\IS2I06_%;X;)&3``>;!QDOBP*$]$IES(#`J9C>&+
MD?<H?)D%@JD6N=2)^$^VD*D:D3LS;4L^)/"QF>=C5@>VU5ORMA&V-#:<I%^<
M@6VC\;O$<DR8?F`(UZIHXZH3ERYM[J/31'LGW0'Q!)&YR"=9KIU33\896?NX
MI1LE#'U[&*G<J="3'&V.1K[`/"/,I,,/K+@#"VX>_#TW0">_S=+O^=@RI/`G
M8M&0Y?P1'UPR@U!KA@::B`#F*3/11G!0B)',">LLR!6;EX4JG2Z5AZ:OZ.E;
M,J>.>NFQ!.V=O/FHQ"W.1J7V6?^.@A#SY](O==\8XN=,N,%RN3^"56')(HE`
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MWG5[LPUHBNJNID1E)M\+(F4E<+J]!65+J<`I5U2E:T-$5VCSH+!:J<5O^]%:
M33B<-RT<SI>+Q]5FN6[+C[K]M%\0X0UMT?JB_J1AG.:;'6IVU)WV-NF)&3_%
MZM=^J%\-*A]7Z&6M8<EL5=_368M#B_':K.?.V@Z8Y9VF7;OBJ^3"BL&D=-+N
M$,WM^BRZF\F+KNYV;\E]N)$JN.^\MHYBR>IBE;JX2X6#]5/63S-V61J6I-GF
M:X.:BC%QVN/8`J6J!493"U!\%\>7:8_EQ09`7K#2U3X%]N-5.3E*-Q!9<]V)
MYKJJ*K*F`KL2.N<7M8,L5E!7+[8H^F]<`X9R5KCUU$1+;CB^9:M:=65XNE:H
MSUWQ-X7Z5G7O+`92<^Q[6XGHVJJFR=CO$'M,'M$<]HLM8+XU@^`J2Q;1'/9"
M%$1CP&_1?FB-G#G9"O+S1D>#R-^&#Z)<3"&(9O7>7?6J5]U?R]3-O4DK2L<F
M4M/JZQ8-L9>"KY<98)>;=H.?L\"H`Z4H;*]%S>!O"MFB.Y-+55?`C<5U;9"5
MH4TLWOXCOJB',%FLZQJ=7@\$\=W%%C/:C':S\KO;=,1WC<"@/<6\W_1D^NO,
MYD`P[S>->9\Q7Y#^V)QLV315LLJ2:5<P%)V%DZM?HY5Y4R_"E0Z?/Z^#2OF2
MWD>&:]S'MFCR9Y?[E&J](Z+&%M%Z1"V94723?]4]N:APHC%9UR3KV?I$/6MH
MXCN\4F9Z-D'/"Z9G[;.TG(FRRF%:LC<)!>_Y.<M=@GU:FOQ*6[6YZ1\Q46L3
MM;\144M&,^5FY;U:7P:7*QBM(H-+=CG=]$_[2U6E1N\OM;F5O*LJX;Q'W+Z6
MA:UQ&;BM(E,V4U<H`Z3395]SR*P]=8VNB1B5[<J7LM6Q@H#1ZI*K08[9X`5Z
M748UATU9`5X!&ZTNC9K;4UNM@\F7.YFBZ.A7);I&,&4CFF2-^>SV;J=W<L:$
M7:((-TO8!N]W]')'Z4/6L^:)VM1]@%ZWL$Q2BBN>4Z;I,@.JX7.UT6N>2[U<
MQ]K0ME]_0CN^ZNDR89=9KPT3ML'K'E::EIK>#4OC!B]\NH-SOO#YZH5FN86Q
M!AR^0E!O%>M97C1T1"7O]5MZ4[IN(EP=6';K>+@\.6%6U)@5U\X0;)@5#RH4
MEIEQL8FO`2LVY@U8JJ0P%S(7;H,+E\=&,1?N6D=<.]FV:26Q22]:]_2,CV:=
MV7']/.3&Y>*!.?Z8%3=.SVZ:%0\H,IV9<:G/=/?,V*1[]>QBJ3-GF7NU.^]B
M*KA7SY95T+O<*,KRLD%UY7ONW\:`]%H'QY(R?<87WYZ:/CQOC-(J^88YQ:8#
MANE:1FC#9":&-\9E)FUXCU<$[[=05AQ(?K/LQ^3GW(^S9#'SP,"\)@`$[,'7
M`\F$\0=JF[V^A$\<VQ5'U819'Z;N2?8.G,#KDW3`K^6>(!N.K\8K5V&H-5PY
M+:36<)88^<(,J"<)C!4^Z+WR:]KAO"F(`MHAG_]B3F=O_G31ZYZ_*<=\UB50
MO@ZBD2L:(D4![=O*I4AUVE$C8D:0B5RT8U)3WZ,=CYCO50(<L9PCGB+L&JU)
MK#D#$A,W\BOZ_=0:<J+U@BNK_NHTP2<S(!YQ1GR($,L7T"6)Y^<\$U/8BK06
M,<3\$A*?<7F;R#"#P!O99BBH-25L26@0LV9%F>M:XT6:GRU>5.ZAI],$0U"P
M=3^N3*T1I-9?R_TK=9)D2WNMZ331RDY:M4;LY#U5M$.;2_K"Z`2J%0DC],#>
M>`(.^'CS]O;.&'O^D^E36S0^=B8R/&I;+A`CS[6.'%NXQMVGM_?4?@P@8T5"
M;$WIYUH%%VG&*L3$]6!P%UX1"M\U\06F8_B>:1FA;[J!*;6-!OPQWX[OCXU9
M-'3LD3&V7>D&:@+(LN^8>&?]EK69J78X2Z=T\L+,^^Z8LT"\3G[(>Y][V>OD
M\_-7`A?S+OK6):/O9T4"KB*4C9]>4G6775+U+LI5'%8ITIT^5_>:2OZV>C]G
M(VO=\Q%=UG=S+NMB#:UOJH;61_WJ)>Q)50X6A'HR`0O"C05AC9PZ_00G&`EX
M!6O\2YB^\=ZUA&7D#4ECIVV/]U@N5G0U9[&X='.NTG!\S:VVU0;BO_OU.@FN
MU*:E+I!)<^\UWUON";[!N[N]=>/OUIQE]P4F7@VA7I-3'/1JS^^DX<Z,\_UI
M]Y?2YTWW2#LGV#6Z=>)L;"+U99MF2&U[_7&_X77/R"UV*7[QB&2-BC6JC%WN
M1"#\QSKMR]JE4S7I/\NB%EZ`<ZT#?F<*VJ[4KATJ4[M4D7:H^.S9(;V?J])?
M]5CA+&'E@Y6/C&',P/#*`4&:[;LVJ![H@;XVZUV_;0?,S0[:`4&=]Y7!O!J-
M?(%JG/9@TNA+6[E2WB&6V[T!*:>CKD24&EU0VJ13[3NOL7ZJL7[ZHKK!VBEK
MIQF[+`T&UVSSM4%)Q80;[7%L@7[:`I-)>\7TG1V,L!B']DA>;(#C!:M<[5-?
M/UZ]/Q`0-5N5_GKKJHK(FNKK2N@DE?EK!&QNI_S_RFC>N`8,Y:QP3:>)CMQP
MK.Q6=>K>2;>G-^J)2MPPZEO5O+-\#<VQ[VTE.GRKVGIKL"_$/#8&_19U_#O,
MLM4<](LM0+XU<^!J29ZW7K#7;E^KF_70&BFS=\C?A@^B7(\HB&;UWEWUJE?=
MBN+'N3=I1>G80&I:>=VB&?92&E>C[=0VBKC>;>.UFT+=RYW)I:KKW^8"[#=N
MHJY5+/V>(KYV=Z\UYU+JUL6(-YK.TE\=D\-`>^U6$.L"7FKM</"8K]^8:(NA
M07N*^?K==]86+,SGC/G.,5^_F\JZLF73T@M5]DR[PJ'H[)Q<07^MC)QZ,:YT
M^&S2"SHW]]TV;.YWS@873-:Z9(TMH_7(VF3SXW[GI%OE3F/";M`==DVR-M9(
M^)+I69N>_=+D=]WRK]_G?5K_7"WGI>RXR6VW=\9DK2]^-]JN#4[_5?^"M^L^
MTK6K6>O55M*UHD#BKIN87I;;&VWK4E.;J\IB0>-(%33>(VY?R^`^X"JV+]BL
M+X^OU0U@<\BL/76-;NJ:0Z5L.JT`C%8W:MM,BU]!S&AU\]7@;MJ$;[2Z+6%L
M=K&GMEILFV]\,G71T:_518TXRT;TR1KSV?&%3W]W"4I:$[88/-<081N\\CEB
MLB[4Y1LF:E,7/GHYD/4A:;_VA'9^YZ.9$UD;VLZ%&S9UOC9X[_/J4K-[=VUH
MVZ\_H5U?$FAV5<ND9?6I87E<OZ'9CB^`>B=+U:C#N`#ZZH6FHR.'KQ#S6\5Z
MEA<-'5')>_V6WIRNFRU7!Y9=QYQ>7IPP,VK,C&LG$C;,C`<6*<OLN-B'HP$S
M-N7NZ9TR%^K,A6MGGS;-B$UZJ,Y9)FK-C>OGY3:M,#;H4^NS9-29%]?/G6W\
MB&Y0,@Y8,C(W:L.-NH6M,S<N=:#NGAN;]+5>GBSUZRSSM99[3>:=K6?+FEL.
MNNLRM7JD#@+=DP40?$__K;4M%S!)D>X9E]3=#!OX?E::RB:^'*VDU2X`K_1N
MD,&M3V2Z%F`O,N+)\-8JX%T'R!=:JE20ZQ5'KP/D"U5@.JG"7,Z0[UJP+%*M
MR00+93)!%CC07UI`>J-\19J"T-4&YJ_&%]^>FCX\;XS2CDB&.<4&4X;I6D9H
MPUPFAC?&13IB)$ND'VMEEFXS2X60LWX+9=FMY#?+?DQ^SOTX2V8TOT@@V@1>
M"1O@-9HK\:_*>GQ]"9\XMBN.4@.,PB2*WX&OE^^,PT_*C?$V'%^-5RY$5FNX
M<BITK>&N:8?SIB`I:(=\_HLYG;WYTT6O>_ZFG.>C$Y8V[7#$.!)CA^7$:4<<
MZ;U3RB%I]78*,76IMX9/3(T1,7RJRN,AB6J+FB*^,+46,<3KM8BI:T5^1;/-
M6F-.M&;`RJ8;]28X*[=KT>D(!@V1>'[.,SD7:KWIB%DP)#XVB:?G)[6+M):K
M!K78)YX?,8U'Q$+!##4_F+"Y.[5I$P01%N2*PB`T70L]*&:`3A3:URSMKJO3
M1J_LG5IK1+W7^_1@CQX,XL-0./1;R0@]XJ43"TLC$&'HB*F`,8C%IFN$#\*P
M7>'8$WOH"&/J^>'$G&#3+]-%1^C(B2Q144U/)YW+I9Z>[GX4S4\3K='3W$GA
M6D<.M3)(S,[DCAYB"ML62$J;6`@3^XT20:LU;_-&KB.D[9#XF/LOM5%B$YM-
MU'*&F,(_:8>;4?OC-=<2J%T*X0.QB`ZUEGY/@IH@>HOG:/AO:@E-36#B\:@=
MC2/XU"?>(\2G7!AIKF9Y0[!L\:33VZ0SAL]Z[V;A.(+8ET,\P]^TGATU>(_$
M)M-(<^KJ+JM],8N($206U0^FWO:704P2G_RB;N90'\:'I1`2@T<<=)FZOHF7
M?4Q,E3NM=W$#,5NZ7XUK[D21[9!HQZ2^+W`\8IKH?=)1,R!YE!_UP6D&FE]8
MS>(,$-IA#RUN2W,57>M-(A./]!8S>N<JD$>H$0\736?Z>Z'TQI`Z2H?<0`PB
MXA.$VN%-+%+'U`?(@]X&L2^L2&9_8ABC^#D206`$,]!O+,.7D6DREFQL^X%*
M'`W$*([G<(V[3V_OC=`WW<!4":3R&[F$4\L.1C+EU(>!@@JK\;=9^E.<'?F_
MOT7!T<0T9Z\_VN;0=NSP^8/G?XC"R!=?/,<>/;\5KAC;87#E6M]D6]1KQ[2G
MP3MX%RC=\+6OXF?XUO%&/_[^?_^/8?SO=&B__AQA/.7M6(Z`/57Q'@*^=B?&
M?_OEZO[[[8?O[\2HW_W>.^D.OK]W0WCM=TRIO>@.3B].O\,8W^\C_U'8CF.Z
M(W$-ZYEXV)WUZJ<=R#]?FQ%B\-$.PH_>TR<9P/D+Z+$C4,.<X&^_W'S^\(MA
M6_##.WC+2?\7L&)L-8%D5K_\O7_QO[]5S5>M)$'F?O0`5'/$[?C&Q05;'VP7
M9F6;SFUZ-1#\TPX?KN%O=OA.A&!Q>K[\/!GYVL.+F%$8W&!,JP5@WN:B6AN`
MQS&#P![;PD*$7H1GD(-'SA#`Z78O,^YH'`,ZR'_WO2"03)JR=+/\]PFF$$W+
M&!^=Y2$^S4'\[?[=+W\_H4&W8KET6-XEXBJX'5>\2'[TQ0MEL)23ZZ&\!.]^
M&>_%H)W-@]8]N3A5V?<TZ&VX0#J$XR>2O1&9SA?S&>-T@]SFN`$T03<(U\25
M0E`4Z7$^3X_!:>^,DAYKP9$=.'.OQ+5^!,K=B4#`ZO'LBFF'Q0("..'B]^0F
ME!YC!9`_W-U^^O[_FNY)+"N^WBZ5''FL+G[Y.YZTN3($LE1!HCIDU0\<<Q:(
MU\D/^9H$O4QQD,^OWY+S8H.NN\E#V;#+6G.N7XQCC?)FO>[)!M4ITJ=6>D=W
ML`%&R4.+WK!:$Y3STIM'`GG[!?S.">H(2QK(WY\4+PT]QZJL;W*%*3=E57(M
M0%=9%D.ZI$9+N4C+*LLZ6U:GI5ZOWR8$RTH4[G4O:C?`6T6$E.;:*$?<N`8,
MYN!!5'.K;5EVU:""AALSGPIHX!'?-KFWW^0H%P+02&;.E8?25V*N4&%Y^[)2
M^LBJ>`#U>,./%7GCU0CM,\-)#+2U2GLW(BTKM.&-<%ZA)EK]'D\+45ZK8O?9
MY;H5N]=;YUE)_2!<Z>"LKE!?807,-/O%-*=KMN,K'SVKK&!_3QZ=SI.K]^EQ
MHO'AT5`?V75*RQ<W;$,3:E;6E\ME:"3JF<0$)#[KLF!NO7>6VES`>_&6R/G=
MM[MIKX+8,##-:I3+FZ[O^FS:/?K,ECLY3@<ZGZ?S/,$'JB;7G:L($JJ>$YOK
MM_1S*>]%+67XP4-_`'I_:QTR:<2.$?OVE<,_#=?147EOMRJCD;[QZK3?KWN'
MTXP091)3D?CL<K!>!UX6UMH*:_2JV*G`;H.H9F<K'?6/M)343.$=4?@`!'4;
MC?]&=/,6B?K=N^ATTP:U`>9`;0EM\&?&9`N(W>KL5M\GWRZ[U=FMSIZ:TJ%S
M)S(_34YO-SQ7U7.SI$JO9VQ,NY4:C30//6-,F+Q$\S_76*ED84TJK'4/9VQ<
MX]%HVZT5(M42J;K'%*@0?"N(FC;)O3;:TMN1GE)V8CBX]CJO-JXPW?0M;8#1
M1Y5CQS4SY3:8\D(?^^(W63PK_2TM7TE=_2NK*38W5CH`#'>M:F[>N%E%N-NQ
MJH[Y41XPZ@LW[E605.T-ZI052RJUY2K3I07<%DWSI5)NE_.EW([.SQ7Q%:C$
MRZ?%]5U<Z?3.#,428/L%8->I/-@]*</3I88GOXIB14%54O*K\*>?O7"S^JEQ
M@59A784?3-O_PW0B`8/AG&`[YC]-64G^MOISBL.^QW/^GG[^]CG]\1\VH.*/
M'IX_BD?AR!>5OG[CSJ(PD%_HO\"TW>X\52Y.4JHLP"YCO-\C$R@6"F'=N"`6
M0BPK>#7QA6R+'J3S:1O8GX2)T@P7\=8,[*"`\K7I^\^V.[D3,\\/8<0I,ESZ
M=%;%]R7D>_/(GPX*XF)%<(ML#O)!Y/Z8S>:SYX(B'_G^AM5QV\C\W9=(T%]2
M078E)#>6,8MJBVK+]N^#$"`,02-(G]B`YP?S@%_VSE>2-LD?;\,'X6?[H748
M-R;'2\60!_.XSD-7!%9B_<5\EF9^RT"EE-?I<W^8OHU@)*5QY;)!\7C[G!3X
M'4E%]W:L`"F\M/+AYR^RHTU<_WUDPX\O4;54K;EWV3^9)VR>=,2G0>NH32.F
M2D69>^<7O7G8-S@@TB\G1@?P4[P<ZQ:56_607-8WUQNBM:78"`0!@N2.X"G)
M=JEY151<N;N%XLHO1D7U-W$K]]<(K^BO.WI_U9$'\S[B52HC#E;W$O=/UA^^
M?[+RZ!L5=EP'^:;QZ9UM5"HT>6P3[ED)(EWP:9A_&)E]1&9#L5!#(K<+'^8<
M1H;W%.TYWMOD!?%3>X\.[RM&9N]WU$HQAX/>!J`5`XG6O]8]FZU89E_=1QEV
MN;4H50(1F\IL*K.IW$;^863V$1E6ZYES&!G>4ZS8:X(.[RM&9N]WU!Z8RM]<
M7\"\_BLLMI7W3A:PK;SG$I//$D:&]7KF'$:&]Y3.^+1.L^=]Q<AHC4SK=M0>
MV,JO?C=M-UA:^)(-Y58*`C:4]UQ<\D'"R+!2SYS#R/">TAF?UJGUO*\8&:V1
M:=V.V@-#654%,L:>S[;RWLD"MI7W7&+R6<+(L%[/G,/(\)[2&9_6:?:\KQ@9
MK9%IW8[:`ULY?!#&%^';'@=@[Y\L8%MYSR4FGR6,#.OUS#F,#.\IG?%IG6;/
M^XJ1T1J9UNVH/;"5;]R1$UG"XLI>^R@,V%C65"CT-P*N/X_<SJL8[-/QPP<S
MFP+,.8P,[RD=\&F=,<#[BI'1&IG6[:@],*_?F[YKNQ,.W-Y/:<#VM:9207_[
M.JY\8/RV0_-Z3Z#4PE6Q&I87&VVWY+&MH/G!\^$;2[W!^Z05L;[(R+#M?N"6
M!N\K1D9K9%JWH_;`=L^UM&;3?>^$`9ONF@H%_>U-58M!>UM3>QS;XP)I@=G^
M_N=(MFADN_W0=45&ANWV`[$R>%\Q,EHCT[H=M0=V>Q#:CF,\"(?3O_?*7'AK
M.J8[$IVU--PFS/S5\#S9[-4G\^]N$-&[MER;:L^;21H-(WD@SI46>`3NQ,B;
MN)S!P7HH(\,^`;9@VG4.?O5--Q@+7_^CD*'D/<M>!S,PO#$['/9);KP5$]O%
M]`WV.!S>E:_VW+F\8`=CN%=NFQ:X&VS7N+V^,9;GN>V3EL4V-2/#W@:V7/;A
M(+3=T-/^$-0>12\*7S`"=<"Q=[[!#CO?%H;O76M=BXM]$7,8OA,C,1T*W^AW
ME]Z64[@DXB4/O3#TID?R*Z\#S[&MN;^HI[IU71B-&@,&#.78GEO'4;@]STD-
MY+43G&/C7\)<SW+8P"-&Z65I&OUM>F5JW[DSTV]RTL6U81CW;>NZZ*C0'/78
M<],T[%O-4&%^WPF_?XG\T8/)`G[[WN4@B#!B57?@]U#6W(LP=,04IJ4Y^-*P
M;ACY[1GO]Z:C/;?OG9CY*!Z%8_1+L`?1;`MO?]7]M4SPW*N9^$Q\/8B_7Z(V
MSH;16]A*EV?#D&_/K=H[Z0XV=:=>KN-,#;U9%4[X\4[=J)4"**N2\WIGS%AQ
M1[D1E$W<@S=$TSJE;FI[2C7%.ZEMTQ#D=4KG,'\WQ]^,-"--'J'3%-@Z%6_3
M`F_F;$9ZWY!F&;)=O:^W^5164/LVCR[<2[19CC#2^X8T2Y"M\O5YDVCWYT,7
M25UTVCC>/@G+CJ9'0)>IX7KA#N_=*KBL)N_0H?3GM5"9RUOQD2_6$J-T$^^=
ME"]UUG+RK3+Y;9>SWA%=*TIEKX!.V=U'-_VC&IMU%<(>`E7UVJU,T+TB*&]0
M`GIN=B@UJ#.]ZIU5!"PP87FC,CV9GOM#3^T$+U.5P(HIY<:O8L3,NYZ8ICK1
ME"4OTY/IJ2\]=9.YW<MSIFK]77J^`55+UPJ$9NERJW2/+BVN?6'9H0$OMQ_-
MT'X40<=P15B#IW6[NFC)X=#M=`?KB9)67#"TZA)@T#W=)V'>$LY_=7G2WRLG
M8$MPWRMUE)TO.B+/W,Z8'P+FVDF85Z#*',J9JIM+X&"XGB4-8WX`F.LF7WJ#
MI4GO>X2\=F[!WLFA^`5OPP=1IW'`07D!V4M'F9G?*@G5*.\P+GN'"Y&EN*?H
M,-<P+KR;M+);]A,;WE&,"^\EG:ST_32C#8ZL:9F?DNUU:OS[>Y6*V1*F?R&"
MD5'70-2T&'/M+KP/!GGF=L;\$#!G"=-J4Y=Q9RG#F#/F^LN7'D?3<)+=UEIR
M&-[88!<@A]5P6`U?0S$NNEF+>XH.<PWCPKM)*_ME/['A'<6X\%[2R5S?3X/:
M,$:>*YL3F*&PC#]NWNO5Z[*MDH2MZKV6*'P*,2YL!S#7,"Z\FS1#ART!WE&,
M"^\EMJIW9U6#&;UWC>M:$OQS.5@O28(-=6H*'$KXE4Y</SACT#G.4'-[BY%G
M;F?,UTKX/!3,M9,PKWK=[J'D?>H61_YJP%7L6<`SYGN$N6XBYKQ_,/U)-,M5
M&?26`;]'/L#KR/>%.WHNU*UA?R"'UG!H#5]%,2ZZF8Y[B@YS#>/"NTDK*V8_
ML>$=Q;CP7M+)9M]/L]K0K?1K/-;0"T-O>B2_\%HFU,S]13W3;5K4U)C.+AVA
MW>Y:--V.#T`?TB;6?[/4/9RH('THV^9-^TJSSIA,5=ZIS=O&#9.UR:`&S4I9
M:T1;WJ],4Z:I_C1MO0QFRB[U!S5LX!Q*<65]Z,I2F&G*--6?IBQ_]Y.N\;5`
MP[NUP=K6+\3A[]'5QE<O-!W#R4I<:WC-$7JS*N[!CQ/6J6(URXN&CJCDM7Y=
MYJ<CP)_7`OQD:ZCL\KSL=?HG&M_-,#\NN"+:/4LV>9LT&.@5O\_<>)C2\=7%
MX$)+GSISXH%QHI;V#W/A`L>U!HS8Y#UCO\="46]V9*'(7,A<>(A5/)@+#_IH
M/NOI&03$_%A]$[-[=MQVI9<@FC7PIBJ--/<FW@$:[8`#T0M8.V4N9"YD+F1M
M(,X!Z_1.UBO>S-RX;9EXKA<W-AIX<BAQ)]^+_VKLP.:C3HJ\DW%:[0VUMB*P
MTDQ6`*1&X:L51J\?5[$+Q!?&,A"!7J>8%O-XDSS.6#/6#28,T<-=H_31GB+.
MW,U8[R/6+$FVK04N<'U0*8&;%Y/:3[Q9FC#6^X@URY$M\_8")R$5=U,5NH/A
M@YGI_NVO@Y._&K[WI'[I_K6XFM/!1:E>]\N33)]JR#5I'!E??=,-QL+WA678
MKF&ZEN%%H6&&1O@@#(&_CN6/,^';GG5,YLUL+VX]Q.V+;T]-'T8P?.&8(8P1
M>A(G2XP\5WJRS=#V7(3OCYOWP;&Q(G*_A2;P=_J;93\F/^=^E-])EI-!X9BS
M0+Q.?G@#$YP`)K!'7O>*PKQ$GOG=T)"[>8="K>%3>,WAZSAL5QI?[U8%J[RA
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M.V'`YK*F0J&_$7#]>>1V7LU@GXX?/IC9&&#.861X3^F`#QO8O+,8&3:PVVY@
MOS=]UW8G'+Z]G]*`+6Q-I8+^%G9<`<'X;8<&]IY`J86S8C4LRTT:5WHO49?&
ME=#\X/GPC:7^X'W2BEA?9&38>F?KG7<6(Z,S,FR];]]Z_VB;0]NQ0UL$;+SO
MG3!@XUU3H:"_Q:EJ,FAO;6J/8WN<("TPW-__',F&C6RY'[JNR,BPY<Z6.^\L
M1D8'9-ARW[[E'H2VXQ@/PN$T\+TR&-Z:CNF.1&<M';<)0W\U/$\V>_7)_+L;
M1/2N+5>GVO-FDDS#2!Z(>Z4%/H$[,?(F+N=QL![*R+!7X("\`GMR$G[U33<8
M"U__PY"AU&[7LM]AZWX',S"\,;L<]DENO!43V\4D#O8Y'-ZUK_;<N;QP!V.X
M5XZ;%C@<;->XO;XQEF>[[9.6Q58U(\/^!O8W[,=1:+NAI_TQJ#V*7A2^8`;J
M@&/O?(,M=KXM#-^[UKHV%WLCYC!\)T9B.A2^T>\NO3&G<$K$2QYZ8>A-C^17
M7@>>8UMS?U%/=>LZ,1HU!PP8RK$]MXZK<'N^DQK(:R<XQ\:_A+F>[;"!3XS2
MS](T^MOTR]2^=V>FW^2DBVO$,.[;UG715:$YZK'OIFG8MYJGPOR^$W[_$OFC
M!Y,%_/;]RT$08=2J[L#OH:RY%V'HB"E,2W/P>^=;42>3UVP'?-/1GN?W3MA\
M%(_",?HEV(-HMH6WO^K^6B9X[M5,?":^'L27GLS&I>VV"!_GQ>@M;*7CLV'(
MM^=<[9UTRQMM1:?JY3HNU=";5>&$'^_4F5HI@+**.:]WQHP5=Y4;0=G$?7A#
M-*U3]J:VOU13O),Z-PU!7J>,#O-W<_S-2#/2Y)$Z38&M4R$W+?!FSF:D]PUI
MEB';U?OZS>I]-:(,]Q)OEB2,]+XA'6=!-B5"-L^QW$NT^^=-HMV?#V$D==)I
MXWK[)"P[FAX!7::&ZX4[O'FKX+*:O$.'TI_70F4N@\5'OEA+C-)-O'MVNM;4
M2]RYRN2W7=QZ1W2M*)R]`CIEAQ_=](]J;-95"'L(5-5IM_8NF:![15#>H`3T
MW.Q0:E!GXEW*NY3IR?3<:WIJ)W69J@0F3#E%?A43IH;OFI%G^<CT9'KJ3L]R
MV<-5!..\1Y[0%7"R-$R4J;H:+.<;4+7D^:>;?/]BV>SWZ%KAVA>6'1KP<OO1
M#.U'$70,5X0U6%JWRX66G`V]SF6ONQ;LK;@":)6;OMLY'2S=^&V3YBWA_5?=
MSOGY145V$2//&BEID!Y[29C;&7/&_!`DS"NISAS*J4KE,67.;[.T&3#F+.&;
M#1K6QO/8[70'YP>"O6[^P8NEP.^1?_`&R2B"T/#-<'?U)UHF6]EK1YE-WRHY
MU2CO,"Y[APN1U;BGZ##7,"Z\FS3SD.PG.KRG&)?M>P/V$QL::WT_#6J#8VUV
M[K&LK&3*-CLGQ.XUU_<8<[X;T=SR8N29VQESQIPEC#[(<V0-RQG&O`UV:GM1
MURVVYF"X7;.XFE?=Y0&K>^0(O(Y\7[BC9X/]?QQ5PU$U?`?%N.AF*^XI.LPU
MC`OO)LV\(_N)#N\IQH6C:G2RU??3F.:HFMU[*[EZ#<?4'!K/,^:,N>YV%R//
MW,Z8,^8L8?1!GF-J6,XPYAQ3H[\OC;E]-WZZ+>&^1S[`C[8YM!T[M.$Y;\QA
M-1Q6PV$U?`G%N&AG+NXI.LPUC`OO)LT<)/N)#N\IQH7#:G0RU_?3I#:,D><&
MGF-;9B@LXX^;]\%KMJO9KF:[FD\AQH4M`>8:QD4[7'@WL5W->XIQ8;N:[6I-
M[6HPI`W7"T7`QO36LU0ZE_WU*F&RL4Y-@X.)!-*)[R].&'6.\-3<Z&+DF=L9
M<\:\#1+F5>_\_&!BR;7+5WG5[9R<GQT*_CI)G.[%>IG^C#K+^?9FK5P.#L9N
MTBQOY7*IFV:/O(%I)5@K5\/F,#V#*TR]1I3-"J/K[;=[>0%U8FR8;QB5?41E
M(T%0(QZ@3=@PQS`JO(^:\(^L<%;7B*II$3:\FQB5S:W_%;;1YO$T+4*F;)VO
M,/G#B*8Q=*OW&H\U],+0FQ[)+[R6631S?U'/=)N6,C6FLTN/9T_'@K+ZD#:Q
M])NE[N&$`>E#V39OVE?=$[WNY)BLO%6;MXD;)NO!Q$EI1%G>K4Q3IJG^-&4)
MO*>43=RC#1LX!U-361_*LAQFFC)-]:=I[%EO6``W%[O7U2M051_"QA<##6_7
M)MO$+_<R[='EQE<O-!W#R6I;:WC1$7JS*N[!CQ/6J6(URXN&CJCDM7Y=YJ<C
MP)_7`OQD:ZCL\L`\[9ST+_6]G6%^7'!)M'N6;/(^J=LY'5SH>.(S/QZ8?'P%
MK*A;<B#SXF'RHI;&+7/A`O^U!HS8H#&SGL[(O,@2D24B<R%S(7,AG\N-EC+I
M=BYZIVRO:,V1<_?AN^?(791W":)9`R_K5;!^[DV\#33:!@>B'G0O3ED<,Q_N
MG`\K92/SH3Y\6`S2V#TG-AC/T>OT3[0,Z6!NK(XLV3TW-AB$TKU8ZLY<%H/2
M[;4K".5[\5^-+=A\"$J1>3)6J[VCUM8%5II)^RI>:8'XPL`&(M"UJJ.E!>*Z
M\#ACS5@WF$!$#[=.%9#T0)RYF['>1ZQ9DFQ;"UQT)4*E!>I4H4T+Q%F>,-;[
MB/4B+RJ5(-&H1IT6>"_R$U)Q]Z:5[^9/6)@WO"&8F>[?_CHX^:OA>T_JE^Y?
MBPLZ'5RN2S?U2#.WY[\:1\97WW2#L?!]81FV:YBN97A1:)BA$3X(0^"O8_GC
M3/BV9QUOZLW<%]!Z"-H7WYZ:/HQ@^,(Q0Q@C]"1(EAAYKG1CFZ'MN8C='S?O
M@U51^RTT@;'3WRS[$7_^W]^BX&ABFK/7'TS;_\-T(O$Q2_7[),P@`NK=NG=B
M%/F^[4[>FH$=?'.]82#\1QSQQIU%X1W.;01/R:E]!3S?.M[HQ]__[_\QC/\M
MO2$>=@H[^I]V^%`:+2@.5WSW51"(\(MDF!MWY,-0XIU0_P6BNTC+.S'^VR\?
M[FX_??]_3?>D^[UWTNU__WK[';[7CW][[X9V^/P=T;_H#DXO3K_'L_Q^-1IY
MD1L&G[$]ZD</./C*M3[8K@D3<B<P%V'+F;Y]SG[^^CP35S_M(!U$/I?]_9.8
M#H6?_C4%XNUS^N,_;.&;_NCA^:-X%$YAL/0["ASYA?[<D'\`RRC\0$B*()3K
M`PJ^?;YVS""PQ_9(8GD[5BLOO*#RX6?%B,]OA2O@:1M^5._\!3D1_N0$?_OE
MZ.P7P[;^]LO-.X3U\A<C<FT%_[?[=[_\O7MVICB\@LV:8H(BSWUSX4,'=IWU
MNVF['[T@N'7?95TN:G',=&CG27F=[DYAW8?PO[BTX'9\"])-+B&0H.-3,J<6
M)Q3@C$0`:W`B2\!:WIN^"XL,&N.8A=3KG92H=WY^,4^^%_!4X,,2,SK?SG#M
M`$[HFZ,P,IU;F%$(9P$L$U@,*#PSG8^>._DJ_.D[,0QOW"#T(PE>@3Q7]]]O
M/V04&510Q!+V]X]B8CK-,7FO.P]3__1BD,!$MO*%0%Y-)CZL,!29O&X/=KUY
M['J#\\LEV*V\V.*FOWHT;0?G^\'S[TU'W*/LD.+P:NKY(7+OM1>$ZR*4H'$_
M>A!6Y(C;<3;=\;V8F;#-17)\O'W^9/[;\Z_AHXGG/]^.;US8'R'.MKA5[9_"
M^F2&\01?0K`_C^#9R?GI_"9=<?T9C\T_<!U-(T?NZ%O0//RO#R:<Z=.9!_+F
M^68Z@U7C.G#1R<#K8FE+-+XO`.7;_5=?'@_/</;^[CT*W\7OS`G%7=)A,$^'
MF('K([F8*MEW?O=!\!9%,:Q7O0I/D6R-Q(2!F8#*[68DP7VH$5E.Y\ERGI<N
M)(#NF#XZH'Q6$N,G%PWA_+)(HV7P:V\Z%3X<9LXGD)03<R+>@OD'"EWZ/HVX
M_;Q,A]6/`O(CLTI%?@EL'R5A*%"*:(GP1=FBN>C5.FYW`CC:')\\5P!(_@]1
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M`KID8F\;X45:T3;Q70Q/^4ZU-QC,<V(C2Z!!B?*$6(C2H,I6;G3FFJI.ZVW=
M-JG)@Y)S8+>Z4[U7-T1J'>A4ON/M7=+HNFO39].=GQOYD/T)@TW]"6OBN]I!
M0^<=J)[4[_!A&+M/<Q)_CBYRRV"X5W`[7J#PI._)C?C!?A2@*&$,ZU?O@ST.
MA7#CWU\B0M5-\TM8K89H`XZ7'4`+([KA<PG@YQ7A+1GF_?/^JNK5VBI[JX%>
M!]7R#?$:02I;=-$ONV&_]H4%2P`QZTX^>9[U'!2$;/R1:<;?V`SC-.HTNX):
MV70:E&S49CSQ.E(!>?.M<+RG[!6_^Z8U'VF[+AF6'LZ+"5%EP^X;(=:%<GG\
MQ&(LRP;OBJ[2M2&M[V78^`1=4\9T263,9LQ]6K*M84UTKC!RMU=3-$&)\]G#
MSTM1`ELB1,D"[I4TE7VB0YQS83I9G&]*B'_ZYFRV)"IK'17GRG%DX,3JA"B;
MN,UM")1Y24;.,PP&YI\]Q924^`?KWY$2:N]_SH0;@,TG,W;>/J?P_1Z!V>^&
MGD\1$9[&S*CW^*5$A2T0K8[.=%JR:>-SA0CCXNY9%I"CQ(QR9=RE=^Y9!LB5
M94E^"#Y[7WSQ:`/#9`\OR5L9%/)6*NBZ&)OR371):V]L1:N*'7G*W^7VS=(D
MGAI@E&]LUS!A*F:I%J@LNM=9R@P<*0")Z5Q-T2E7[\S*)>+(="29=U+*39,D
M+#TPMQ??_P2K#Z:5/PS?/L.RHAG\E&[I_)^OS'EO<9($]38*;%<$P;V82/4K
M?5QN)-A!(LN1>FG_EBQ+H,<+H!99*YZR'?S(OI]+>;P*-[XC:W3=)5NOVSTM
MW4BNOK;:W+@,@%6X,84!A/>3.2M=_3:!8<E,&UP.TDV]$A,UM'VS\;)C$ZE8
MTE'^N'D_!]0_A#6!S?=.!/;$E3`4-OMGS[7B/R5JZV)\2J97;]!="YZ$#V_<
MD3<57\V?Q1Q..1DK&H4VR,SX++U_,'VP$0,,$I[B)Z9*F@N6G7$OYF8N7.-9
MR9HI7::23#Y3WN[$HW`C\<'WIC(?'C8!\BKFO$J2QNSK3A(.OQW?FU.AEE3G
M:,N9&[FT\1O85D4U2MX2!.KE[QU[:BLV>H%9SDK6R%$NV[?VPHO\5)5KFLO^
M^RQ"4"A"\R=)`O@+<)6FO;;DNH=YCT*4?$I_%*!I2B(HX*7NK$3;2S18=M>V
M+G89Q\83CNG7#DR_W7^)AHX]BA%=&<&2.7#:+:0R%;$H8:2@4Q*C=%6X=V"5
M[(/>:;<"K'E0,M3@+U,[F@9H$0@+6&_>@!+99!*-(9"[0RH*5(G[):1^%]X$
MC-,'>V0Z13/WHS=:2;<X*YD+A4MONH47!2.,E.&<FB-?/4QC\]S[T!O]>/`<
M"^3[.]N)0`5HQ%8Z*RGEI[U2\./:4\W8!A[-%4NX=2N<#'G=%NMUJ&#1]S]'
M8*I.ELFPEX_198GQ^9H/ZL_P2B?"L/E%-_BI"K<8SI*N?UZ02;7AF%?6X@DJ
MG:;6SMH^5B6=OE>.NYU;87'Y*AXBC-%$GY/Z5C-NA;.2CGU6/K(73JDX\TPJ
M2$]84&WI`;>L:98LG/QY^2J@'(NX\JPJ7&6H1?OB`=8JE91$6H`B7@AZR1QR
MJ%Q>W5[?Q`Z8?)+;6S$&KO]:3RE<#$5)_>V6G/'-+6EUZ.*=?QWY/L;SY11Q
M8"OYFY.4UWEA/HDWZ]L,I#5.S/]H_R>*M93&8*Y*-M-KW;H<4^TS7\X7^>*)
M#KA66-\ZT:.DWY^FWC$B@QZ'20ZSVW%>(_AC/CSJ`/`NV0R#0K[S8J":Y^\:
M(KO*0T_(/O%?";35Q4LH*^"7_3QEBG.8N[J26D\JG-[9P<CQT(I+*]@1QQ.;
MP0->5<)_\+;T$8ZH,E<3U(_KOL3-Y5H9W;/RO?B+Z.P&S39EX)^70Z0J<@W7
M!#JGIE.BO2$#@@8@KQ2!KST'X[=\TWD!E8N2<7+4/2M=V:ZXS"5>%I)#:E[M
MO(W"VW$N6FV1:EL`:=-!7@*RPK-_/H]C`9)Y?T*0'8Z@M-T.'7MBIK(^N1P,
ML7JG'ROA4U#W`/9_RGJ^PKIZ!()/4D^8*O19"WAY<$?^H["!G=#)IK)>\G%`
MUV8DLX+L(/P$4XRF"4X9,KU?_OZEV_O7R:>3=WGO0C/K;:QX+G$"Z-I99%LH
M9GI142=QCH.I`=6GUO'+NV$Q,=/0Q(R+=T"]93DO6RX@3/BZI!QZ(`6U0J(A
M,B[<DSO;D"5;I^SV;!CJYND*>IW7&%E3]%>H@[$-@I;,O*W0,X.X[=LT`?_;
MO70YH)O_BX>:Z<AT[J.A93_:07;QN%72ELS?<J39;O:J,FH6=26XEKZ_&[=<
MH[PA*?M"\<`]+?-_4;YR6ZQ<;4JQQG;W/5B6CBAG0FUJR6UC/Y;L_7ZW274V
M!U%C9$CHG'4^6':;4^M.6G-E][+";U&Z2MP9\CO>AYM25S-EZ;)\6]SV#8Q7
MH4WMR\,\5R_+T9Q-\@C2;W<NIMX&=5,21S#J";B/<XZV`^&0<D&6<EV%+?FU
M5N@2MI$^7D=N)/#>R=3:1:E-VY#WY4C9A62J!>26B5/7UE5^=>S?([NK[8`P
M93?4R38H4R=M,O]W#.+/IXQC91JJZ+[+DD>GK*0TN8Z*EE?9S=S<3<F-^R]A
M^KOJ_:$*\,R)TRS-N3C5C_9XOBK)'3)-<6.8/^UI<N-4[\S)TC)+(C!/^FZ>
M\GF'S_190@M&YG%OKBG72^2HH&#N$)*K?H>G.!7A4EVQ,MMQ)6+ADC!_3<@`
MB@^.]S0OE<K$FEO\2R*GG'68'@:K0$6\+38I6'>HV^*R:EOT+C;:%>7PZ*K$
MK/E@[4V]4DL32M-0N%42P2N3QI*IOWV.TT_OA`JG#1[LV4OYI[G$0_0RI`%W
M2:I-[A(K.U*S6/BX5D=JX=ZZY229Y5NR>U)VN?1+D4HO$BK;F&7Q\WPMA8H_
M,_WP.0YF(3JGNR<E9T*Q*N-JLUG$E9F9=8?,_-6342;V%,7CING-;TT9<W'_
M($29RDMD]V((EH6%K[:61>O/%4R=RV38-/1IZ>KG-.*$OW.UJE;8CX54\??P
M=<MZ*=F[>U*R)4OW=ZN`4AU$MDH1E8T;WS64WM@]*1EM@X7A8ZLL<`5M**ZF
M:$X(2W#65(A`8,^$/_;\*4*&G*7A*3W(DRUOTLT`71`&QZ?=%Y2K#'DR,NU,
ML]J`9)4J[/9)=U9!NMZISJ0CV&%H&P/LS^BE>MG8V/'F.J^@T.6:!-+>/;42
M4;?GI>J>E$S&H\77101>*J3F?!3<5P^T)"$?OQ/(R$3I.2\?WW?3(9ZJ_Q".
M-\+3]65ML'0_/BCD+:VPM%R)`AD3"/O&$8]HL[P3CNW^)\*H.9A,G%J()5_D
M&`*,'U?6B<0ZRV6`X)4Y@#Z9SPJ@T\8!.LGATSTI;>*SN"Q!C<52YFDTW-V-
MMG1M1JF==5GH=DLVX&GM#)!MDO#ER`L-[MNZW9*964XHV4&>S9I0O^#@(3C/
M>HN'S%P02+7YRF^+9T6RMS9U+W1+MG'I^FZC/*)MIP;N++14"Q&Y2E_-EF<C
M-I_6V>V6;DS/+\IEI]?$D9W@*SG!YZ+8DNH&B9,PYY^K*)#P$EU+M[TE!6)%
M#WC*!`NKX<J@NW3?WGD.:)D3O!OY^N1]??"]:/+P(>]EW-@UN$-I4Z[/.NBN
MT3%R78A:9%DG-5BV$9%3WT&20[!<=^$E)BC;[8O#LPBC2ZI+`%R%UZ;O/\OR
M6ALD?&Z[E%>W6]'YHUQ`8*6USE7X\GS?>\(0E&\@A_VTXIZ58]:)+RJ"D3<L
MDM\H3+W2Y>7IH)2>O=:2Y\1X7*7==+Z8-GS_VIS9H>D0M>KL]DJ6:[];45F]
M>A)S;)]5#I2%>(.K*'SP?-PG->Y:;SY_R$\W;P(&\BUIR>`"6RZ>RWQV?$*`
MVR=76"N6&]>#\\KAIR5-</'RYKCLY3(%*.=`R;@=SQ<7JW%WWBL'9I9+E*PW
MM8I2$0D$ZLN-%9\D\G+T2AK^:8F]*Y8U%^"8%.]9H7IBO3*25*LN1SN6.*&T
MJ(J@SI;0N*2>'E67*ZRB[1=?C(6/A?HS\783!-%R,;M2X5WEAL4=!M9NXN-.
MOE5\;WF%<Y+ZHD)2=_O=TVR%BQ=27'"^&*V:H4J6`D[XXOG2/`M#WQY&H2IA
M"_8=`N$KK3TA5>T`AZ7@?/6ETOB\`)LB]4N:U5&O?UKRAM`LNR0/457[XGN/
MMH4M<[X%62\VK/`S`H,@WQ<)/LL:.C11W0O.K)=OU^I-N]0,H7#]=`-&M&)#
M=,J-GJ]&@+7J_82=`QI:=+FHSZ#B\%YOIO-.'?7=M']"+#7C:K;-+*ODH>^>
MEI3A%R964;T(XRB2DMUQV;HXHAW7KL"H5QXX6T'_E[__Q0G?6/;C7R;A&_QQ
M9@3ALR/^]E<<_@@,OXG[VA'C\`W(_(GM'H7>['6W?WPZ2S\9>F'H35^?P">P
M%<71@PSO>-WMP0=_-9)QQS#A9&C\^6AL3FWG^?57>PKG]6?Q9-QY4].5WSL*
M0'5]W<41Y:]/:L0A2(?X[SC.:U3*[5$R#9RDG(1Z9^J5,E+[PTCA-1)\<6:_
MX9#)-'^;K0/$8+LXK+#L;ZZ05=Z3%1I)(P73M>#GD;!E4(@Q]GSC0X2%)-N'
M1?7*OSX(`X\KTWTV_"0#)#!,PTEN@>2BHP2@60R0KP`JK7[#R:G)&&9H@$9C
MV,!L,]RVAC<VQBE+3E*6M%.61`+Y(OM]E%3B-^!I,_WU:/A\E/QL#-%1<VQ\
M6["F#`<+)U283#:B80?&-'8")?.&@0(X]8U':1O"U^,/Y>A6)(Z-#X#E%!OE
M5*Z*%LTR)ATYH1RYA>S+@!_BW;Q?F&PE,?"#9+A.#'[*-(N8),=+<DS\'UB`
M0F,D_-"T87!492MA>6GZ\=L"F"DR!NQS1_I(B'D3`\#D!$!GFLYCL82;$"0S
MGFTJ1,9*B*13![5VCNU*T)N%U<U1X45.3-\DX"`=85>)T#.&N`#'4;^GZTLY
M?*9J^,%TX2%:--4KXQ=@T,P$,;*#'T=C'TANQ2D^!MX"'!LHI-)YQP_!]HM`
MP4.BEQ=L8>F^I"L2+G\A:\8LO(PVX[@-IQ(K3\"FPGAE_OH7<SI[\Z?NV<D;
M12J%OY<&1^`,D\<BH-HSCC@SG_$]'>/5,#<`_H$67_-9>49-N1!O&+]T-#=K
M4[5`0Q!"["(UB5EEEG\>]4K/A1&>#=2DIVHL?.:5E1O/-!Z\J3<1KA?!GO0\
M1S*MO&5$*/!U$3HVG6=UYYK$^4M\JR%4E$\V_(,9I(1%_D4Y$D1#V!(RK@BF
M!_^#+[7QC?-;A1A?9(6I$&&R8^(VF0`6Z-M^NKU"``^9U@Q*#)RRE%KE"TQH
MX]!6-%)CY5=7D"'I=BY"!Q0%:U`1P1R!I9"7Y^EF\]SJ@7-3,V-Q2XOFW'ZT
MU%UT?#+%/)J3CK#E%=M=]'HG;VBG@BD=QNGK593>6N\Y3E?0?5,@%>Z8(%G[
M2I))4CPY8(4Y>HC)C=M,\1KL5IGI4#EHY,9#V)+`$NU@_FC'F3WY=BB.O#'N
M:L-3EC.QQC*1NP3LO,YA,L)54#J@Y,9/5MR)Q>B+>E8F+HYK&BC;MEI7L-;F
MC;2<G;^GUEBFX949)-7;$G5M;-!R:$$GA"T'^L1,^1;QD,OM3#QZT]T"WPJ%
M;!>`/TJ7W'%J7N>8.]5<AR#[9C.E'4@S2Q[L4@-,WI-H"#,?-&-[!KI#\N8H
MQ&^CVQ-G:!H3L`S<!!%X.@43_I;-'X>6;N=Y6RVV+93N2XMF4?W.7H2S7F[J
M9K;&U1P\*,9CP1_@\##BBF-))=5T1NKN#`6[/"%0^T),2FKN(KNBB-BB-18X
ME196:]XBPY<7E&S\8Q!)RPWUQ$6\%!28R8IDA*`$-]E?2^W`F@+H<J?BYPJ-
MEB""]:7VIL0HXZ6<>3,U449)KP$BD/O+#*NF(_ZHB`=Q@!=(,!4K]0Q?E\%1
M\'0\,-H=ON$0[[0)S-<28Y`ODN5!+F"OWV"LFI@DE,O-&S1CSY=DC^=NNYBS
M`!!TP.RSU?Z*'/F'O"LB.<&[YV^"_'A#(7GG)VIBD1T`#LH"DL\N\W3,*^\%
M-<Q/*M$OU@,\MVA0T>*:`PRUC'&DMDKF85"32@SS6`8_%(5.`958O,-G*%N6
MJCAH!`X%R/;,TFGUEOOLN4<*0ZF0C[SIU)8W]L98B,2F<S%YQI>89L=K8O6A
M>\E'8MNQ%8S\XELILQ6@I.6$PE'N)C1.HUB,H4JCAS-6".4Z<=/3X-BXQ3\I
M@T2=/LN/K)FZPK$#):-B7;@*L+PC+=.7T'P!_I*`Q8@HQU,R[>P\G8KPP8,9
MWHSGWV$F$5AXR!%;/ZC<#66[P)=1*8+@+F,B^>7I5%@V#.<\KXY.P5>[`RLB
M>\-O\4W;7`./5:[\%@6QYT(YZ?)V?G<\8/E2L[$7KOK[Y:R'DU(8<N7,2S$?
M,12)?;]&..FZN6"`_[2BX.?B198BELJ5REY<0#[U-:9_W)@3E;*8]ZG3W=98
MX^+X_&5SWN:JOGKARLWNNOV*HO*#U5>4D+4Z'DI%HJ1G14+G*ZF$J^04NL2<
M]99=[HIV<G%1+BRR\;I6@4?];UQ)`.%]_W,FTW/40'30*)E5J+[R$CZET"1X
MZ5E)8FVTKGI[H4&F&)0BD,[.U]C=&Q]`FU0H>;'H[N)5EHM>GUS,$W:%HRC+
MZEF_TU;\1-)8*\)X<G4;=9L9YIL&[*W24RQ.-A&6:BNV'+!2,%/_I%^*9MH:
M''14^-T'-I95DM)TX":PSOJW??2>7L*ZJO=P0VNE`_(K(/;6\48_B(+/!H-2
M\)F,[4R4\"':?OZ1O%^=!>)U\D->&^^=%!3MT$\>CA7QR^/ST^(WK.0;3[85
M/KP^E]K\O+Z?O=KS7[]U0&5Z,X4WYA_):??_/WO_VMPVCJT-H-_?JOT?6)F>
M/>DZMELD=4VZN\IQDA[/F\1Y;7?/F?,E!9&0S&F*U/!B1_/K#P"2NI&ZD`1)
M@%RIO:=M2P2!9]T7%A8"LXVCJP,]`B_7"]9/G?>.<9%7C(^_@3SE+Y'SR]_4
M_M\4SWV)?_G;[JOU@<:PB%\5!7+QG@WS>?8^B=^]/57:9PA[QR>;O*9,TF7,
M1DA50D8O_$NDHN,7;&LI9:.FTC'O!K&?`@_$!\0G+3[:$>D9#+:%AVCB+,FA
M?RXH-O'X-4E-;+R/2<DAZ"M#`,@$9`(RU46F#,-0V5QR&)'^N,J)L-%S&1J@
MCQCT`9\-?+:B5D9HVT'S)T4,1X-6&_`$/`'/HK[B.D4M`*K'+4T5KD-C#L&:
M@8ZER-31\$HKF2,[P[8E;ZF)Y7Z@!3YD.)NFNDMR72/9EJI2E35K4O=%`)'O
M+/S1U2]`@>8H\'?R,>`/KEQ7\6=%*T4WIO8*+(MZ-/ER-C7Y,JR0-@NQ+R&M
M*F!G56A%Z(E]O5K<%UYY.8]258"TW!GSV'/".=)7'Y>DYQFS!X+62-`)$+1=
M!.T#/5M%3W4T`(JVBJ*Z>I2B5?J40GJ*['!5VD_TPV4%KWVM_I@&?^M5`GBG
MU<J+*%*@BNEX=`/\$6#?G/H'[)M3.NH$T&\._?Y1O=,1Q^=^W5+B);YD6D'1
M+=.;G@TB)LUJX]'3L\]?%5@C.%S+O0`;P`:P$1>;?#:KVD6N+:)^S"(."U%O
MF"(?1XL8=RUZ;3G*"B//SXC0A>+&%KMHHRL-'.3F'&3MJ@?P-P=_[TH%^!O4
M/<#\3:(/P7GPEG6G6/=RW+I10%EWZ0?GI,)`HG,2#/``/`!/]?!`H,[!.FXU
MZWZ3,H,5[==KL%\/^@'@`7@`'FGA$<GXUF3:CQV548=JD<`W>:H2T_XUN9FC
M?>$M1Y1^R(..4.D=]6(T:&/5%Q"7$5<?M7'?!HA+B:NWL6(02$N&&U_T>FW<
M<0+B4KE5+[3A4=$%MUAXMSCI]2ZB5QR/5^2H?77GL"J:375B.IP,A=3`0%TN
M%E;0@G^@+A?9%?,,&1"7!W'UBYXN9L8"Z,N#OOV+H7:TX*L[[G&-HW/K'\R1
M$TZV66K8PSZCMT"6$)IN.+5QIA3J,@?8PJ!2G6[2+OH#,;-NPH`/+%DW2ZH3
M,7.%PH`/+%DS2PJ:O!8&>F#(VE/N/>D[%`)/MHLG!Q?C<?%MH/[^YH;\IVO8
MY:_*^O97*0*_75;;,&:[I(_7*JN3IDLYE#NP"[`+L`NP"[!+F]EE/!#SP#HP
MC)P,TY$S]I^P[Z>/#PK@]<MQF$;2FE"`!^`!>"2'1Z22#$/64_11%NRK&V`G
ML)"MW&/#?<:>H'<E"<R8K8_\`'O`'K!O*_;CH9CI`T`?/!T^&+^W?,,-G>!"
M<7#Z"%5%#8-TX1L&9>UE0_UX.TP7T!9H"[0%VG:3MJK0MX\"<2LD;D<VK[[@
M0#%8`9N=%+`IK[TH@X>F-A;R[@IARBS%WD!N7_&IT+:V>>"!'8$=!0(>V!'8
M42#@@1WK9<?76K^L]P@<"1Q9(T=VY^32[PY&GH--9>GAA14N%`\_8R?$4D1[
M4/XKAC@=[P8ICGH'?A&#7\3N70?\(AJ_#(!=@%UR5,"(67X$_"(HOZA#N"$T
M>/MM_4]$W[^JMH'[I7NG!R]UQ@*P`6P`&\"&"S;'#--D?\7;IDF='+%-@WX!
M!)*'REBFT:%DG?JC<JE<.\K_HL7R[5_&FM9[:_E^B->_JV\5#R\][+-[K(,G
MK*#YW,-S%&#%G2DSRT&.04\DS4/D(2?`6%FZMF58F'X;D7D^(0^S!WVTP$D.
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MS@T1[+E[ZHQM7@W8&@8'\3DN/L>NK1H,<FZ2YQ2;>/R:I.8&A=1U*)+;J`P!
M(!.0"<A4%YE*%0#EG$O!HQ/\)Y(_LP+T$8,^X+.!SU;4R@AM.SY9I:\=K=MJ
M`YZ`)^!9U%>TD>];,PN;`J!ZW-)4X3HTYA#DJT0HD2.KJ7(A!\O]H%B.0H:S
MZ69!2:YK)-M25:JR9DWJO@@@\IV%_S,VK7`!%&B.`G\G'P/^X,IU%?^3%^!6
M65M9*&?3=!7FEW`QC4H>D@J5QMT77GFYZCK.<)]'A;7IDAR5`H*V["P3$+1=
MAXV`GF<+J`84;15%M<E1G=N1\SH;3Y&5R:;]Q(K:$*O"MR&N5EZ$D8*AD&JM
M&^`+V@^T&^`#]@TRO@YJIT'TCQ]M[XCG<X\7R'+H$:PH_XA-!=$NM7.\/FAT
M],1*Z_T2.'`)V``V@(T,V,!]1!PLXA)[EFLJKRU'66'D^4(V:^^(BZ9>B=E^
MJ!OP]Z_$W(_I!OJ$^<7</ND&_!-`OU'TH8U8<@ETTI]CI_%'TN$#G),*`XG.
M23#``_``/-7#`X$Z!^OHAH$?(,>TG/F;E!FL:,->@PU[T`\`#\`#\$@+CTC&
MMR;3?NRLC#I4BP2^R5.5F/:O25_+]H6W'%'*WU!>E/3.X$*;M#&S#\2EB>N+
MWDC,DSE`W/)[0B"V+:7LZ&(\5(&X[22NVK_0AD=K?<$K%MXKOHW[NXOH%,?C
M%3EJ7]TYK(IF4YV8ZA=C3<R:"Z`O#_IJ`S$=8Z`N%^J*>9@&B,LE\+D8"'I*
M$.C+@[[CBZ%^]'![=QSD&D?GUD&8(R><;+34L(]]1G>!+"'<O3MT1PK;=4EJ
M4ZA46`UYH4K?&@=8LE4LJ5[H8KM#S8,/+%DO2Q[/;P(_`C_6K"*U"WU\]!@#
M\"3P9,TI*NUB/#EJMX^&N?W]W0WY3]?L7=\J1=RWRVH;QFR7]/%:9772="F'
M<@=V`78!=@%V`79I,[NH%YHNYI%U8!E96:8CY^P_8=]/'R$4P/.7XT"-I(6A
M``_``_!(#H](51F&K"?IHTS85S?`3F`A6[G'AON,/4$O3!*8,5L?_0'V@#U@
MWU;LU8O>6,P4`N`/W@XOE-];ON&&3G"A.#A]EJJBQD&Z\(V#LO:TH8R\'>8+
M:`NT!=H";;M)6ZTGIE,+U*V!NAW9POJ"`\5@I6QV4LJFO/:B/!Z:VEC(6RR$
M*;@4>R.Y?66H0EO;YH$'=@1V%`AX8$=@1X&`!W:LEQU?#P9EO4?@2.#(&CFR
M.V>8?G<P\AQL*DL/+ZQPH7CX&3LAEB+:@S)@,<1)58\VOA%'OP/#",(PDC0C
M`7X1@U\D"6B`7<1@E^,'U(%?@%_VFQI4<5FH.CD2"PSZ!>JIDH<J`>';^E]1
M+";[$B$^&J-#`:+ZHW*I7#O*_Z+%\NU?QIK6>VOY/HF+DM_5MR14(D&3SVY1
M#9ZP@N9S#\]1@!5WILPL!SD&K86?A\A#3H"QLB1QM&%A^FU$YOF$/,P>]-$"
M)W&7XKNA9V!EYGK*,O26KD^^3\9;H#\M9ZZ8>$J>Q-ZS1;Z3W.%Z=?02UZY0
M3*,4N]^09.>VV^0Z(`4YIF+%;=`WE^":!/CIBA&#4=FCD-/?W"E9&@HLU]E<
MHTN^^/G=[36@/F=EB;NHFW%M).%GFXB"J02NDMDGA5'B\+F1JS/!_2F@F]/K
MWTSKF?[\\T^A?SE':/GFP7C"9FCCN]EM1+Z/B6#>;4C[3RMXNB&?6<%[3%C#
M<CWV]T>"\CO;-?[\]7_^CZ+\S&/(>_*DP;YP-V.+9ZBL0?F"@Z2XE/$OF<`]
MGOWRZOKAV]W';^^QH:O?M)ZJ?_M`\`I6WR@EQFI_,!Z\(JK!L!;(]G]Y=3E\
MI5CF+Z]NWW_3R(>OE-"QHG%^?WC_ZE>M-XAHR`>E\Y?$#T8RZ.Y;<J+U;3&U
MOCV$WC.V;)N\%-\07IV[E/&NOUL^^_@&A?15GRP_^.2^?,:+*?8.HSS<1YD3
MNJF52L"+.='].U&*I^`=501O7N8E4W]SCYDEH`N[W]3'W#F_.TMDF9_((-?F
MOT,_H*;EP_<E=J@)/X)@_P""NU-9(W>;O)R^:6L"$83)D[YOS2QL/@0H"+=0
M7W]P"O#Q/N!JHC.*0K#+N.MU?70]ME#_VC'C'_8?+<)^!\!C4W/,3XC,F[I1
MV.<+VV0?MF%?W5>V>9:^X;HO(7WSFL=OJ9M"R/]LX1=L%F2O[-7NO.$]]HF7
M02WYM;]Y@HIM#%R\JF]_(,^B3)#<,<->2B3^W2IYS&`2=S>+IK-^W1?7.?1L
M&NW;+Q^WX![TMN".YLLTPTF\-K#>N+:-(PU`R8$(HU)5L7%$=J#]>'_W^=L_
MD-.+D7V\*RS&FS=LBTW6FG<X;*!F:,*S%K)9\R$-0MGP"3ES[-\Z6].;;4\O
M^L*M<TWP7"PCQ[@$0H?7J>VO\U(=#+=U$.=5\('GC@0-WA%`]!U`\OAQ`ST-
MR(@7'FS:NPJ:0(,#_R.RO#^0'6)J!FV7BA(9(_0\&HSF5,N)IK@VF$'UOQ"W
MW__D(H?JO]AF.W,R/+:>Z<3?K38_/ZZ6>$N)([(2$AT;3X3-;]S%PF(ZT]]3
M2>O)OUNM?_R[15`A#ZX^D7C;9D.FOG[K+,/`9U_0>6BYHP^OOGJ$W-[J'78P
M>=HB/YY2`?U]3M`'DWTC<YI\N^1FQ/B*5G1^1:Q)_`)B)H+U2\F8E.%(:+K]
MUS49MR=VQG,=(6XZ7!N-4M3=IM:98DO,K'>.Y+:)P-HIL%-1FZJ/SY:D;42S
MG5O".T`)]@7U%"6.!7CGP[DQXK%P$%?HUB%>?F0?OL8FP\P8IDB0T20E/F-$
MITW7]0[YEK]#@AOD>2MF3)>N1WWW!;6X&:L^1994&*COQ(&Y4=Z5DPT\3,;B
M)9EWSMI(L:7][KA3&JQ%ZI7P%`6*.`NVM9NF*^>(;A8]>?4K32;&N426H&5F
M,<Z8;I*M-EKZ^$WRPUNBZ>>60W>XWFB]W01O>MOH6`ZXWSN6`];'^SE@`U.C
M<R(+'#]6)@L\7$9/7;Y$JYBZMIF9%HX=3L5R%";^BJY$)&99WRUY5A*:*RA0
M*#LHC!\4UU&0LO$T&1NP/1&:E/\71I[RP2&2HA"2,@Y6=/5"H90MFI/?3Y'O
M;VT.T]=,G8/Z,'7/U+&-Z")T57.<TBLR?O_\\?5>_N'UWMFC%QA<%&2T=.'G
M.6_04I6?+<4'.`>0R8U,,8VLY]'(4N,#G`/(@$QQQ4<MXJ!U`AF0*4`FMU>L
M%7E!_%03Z*P#=.U(?-[7"H"V6T5:>61.`G,(E$$E"*@2(%`&S@%DP*D'S@%D
M1$8&9`H"99`I0`8"Y98&RK\['B;S^B\V(5(&G2"@3H!(&3@'D`&O'C@'D!$9
M&9`IB)1!I@`9B)1;&BG_ABSGZ#VO$"2#.H`@641\@',`&7#H@7,`&9`ID?&!
M(!ED"I"!(%G>(/EUU&CG1WJ(&6)ET`H":@6(E8%S`!GPZX%S`!F1D0&9@E@9
M9`J0@5BYI;$R[?'UE?9HA])KT`DBZ@2(E(%S`!GPZH%S`!F1D0&9@D@99`J0
M@4BYI9'RK6/8(>V##?V\0"D(J13D"Y7/4@MZ(>#T?>0:[U_0)EX#*81``#@'
MD`&9$@$?"*Y!I@`9"*[E#:X_(,^QG+D/)=N@%035"A!=-Q1=LYX'RD\-AM8M
M`5*(-,5Y6(X+"5OR6"UH?G0]\HVCN>`VZ3^P#(`,Q.T0MX-,`3)B(@-Q>_UQ
M>W33-$3LH`\$U`<0L3<4:"8-&(0/,X5'4I;<AP3Q^H?O!KN/$0+VKAL&0`8"
M=@C80:8`&0C8NQ:P^X%EV\H3MN&\=RL#AG?(1HZ!+X2/&'K%/(W>/I=4B.6]
M++NEPG-E<G8&D.Q,:D6"C,`]-MRY`\<VP!<%9"`GT(F<0$NLX*.'''^&O:,[
MCP"E+%!"UJ'E60?D*^X,$@YMU!_O\-QRZ-D-X56Q!!D'6;9[A>?*XSTZ`,-6
M)6TD2#58CG)W<ZL</]S6)B\+XFE`!C(-D&F0W0A:3N`*;P"%1]$-@Q,!H`@X
M:J,">8%171A^<$P)HBRQ\Q#OL8$74^PINGITAYQ'.B)>\M0-`G=QR;[RQG=M
MR]S[)-;3VZ#9>!8<ARR=O*@T$%#(4+;E'K]Z_F3.Y/2R^&5,2J`OG/*<*?_"
MJ$SD<!IX;MF5JG&O,QO#8:^]#N1;Q_!),QC`O6Y?ER8I!$<]SMI4#7NM)U.`
MWQOA]Z^A9SPAHN$!^)HSR[X?TBI5T8%OH:YYP$%@XP69EN#@JY,ZN#Y^2SW0
M(UMXCF^=JOF$G[&MZ"G8_7!91P2A9@0/6Z\&X@/QQ2`^RV-63/KZ<J7Q*1BQ
ME2U+>U8,>7VI5:VG]HNF5"=Y$JJ!N\S"B?ZYT51J%BA1>YPWC69-,[8H"R%9
MQ39X120MO%U>3NH%13II:%,1V&7ZY;02;^!L0+IU2%=K@\N4\+03;^!L0+IM
M2(,.J15OM4*P"Y<5MA)IT"&`=-N0C@\\5A4T%C].V4JT]5&5:.O[-8M<\W+"
M9-OB&SF4N?N,/2?W'F<=F;>2',0/JQ]RY<;WCJQXE#MR*5-^$U>U$EG]<R;>
M!8)FM,8^`YITIH_?]"^!JJT24Z`GT!/H>?)\XSG05.@Q`55!2H&>0,]6TU,X
MK?M:'90Y4P2$W<I!Y\-%!4,J+CU%4KP3H&>KZ`GRR2%IE&J<>$[.:#_1SV_R
M0Z!I>1D=%:!I:CNA)CEMT5;%C>LM70\%6'&G9#HH:+RY`G^6EL0T],=MTB-2
M)?U;M94C";NG3T,!YE5C_EIO5;PO6;*E,]@+Q/%J#T"'(+<[2F;4%24C4M+U
M=7_<%=A%4C,CP+Q^#[(S7HQH6<;N>#*0"FPD%7B/?<LDI+20K2Q<+YBC.<[E
MR74]%=A.<>25K6LG.L`U@$L3(6-+T0&N`5Q`FH1)D;03%Y`FP*7^3$`[L>$3
MK+<SH%:4*7D9-A422#O&"D)IV(L2/TP'Y(';`7/`O+I@"Y`';@?,`7,9-,SK
MSA1VB%1/TQE^%TC'Z%!-TT`UC3;IBGX1K9RF,SH&JFF@FD9&+=M.<81J&N`:
MP$6T@+&EZ`#7`"X@3<(D2-J)"T@3X`+5-"(%Z^T,J-?5-([K7$)%37-)RU:U
MNX**&@&1%XG;`?,&MD4Z<\A8O!UOX'?0,8!YBS`'#2-MP@@P!PT#F.?R'-MU
MH0'4TPB'.]33-)/^NW$7"^P9%K(AZ]?Y+00HH@&N`5P$BQ!;B@YP#>`"TB1,
M3J2=N(`T`2Y01"-2A-[.*%K9G$6)JFD@F&XB3:GV.Y(M@QH:8'?`'#`7/]X"
MY(';`7/`7`8-\UKM=V6;&XIHNJUDX)90*+\6/8W&#_G.W$,,130-%='8-B*$
M)'/Y+S85$T\#2`!V?B\!JFF`:P`7P:+%EJ(#7`.X@#0)DQQI)RX@38`+5-.(
M%*JW,YQ6%'=*IH$"RW5\"*2;R%6.NY(R$Z^2YK76E32Q2`RO`N:U8ZZ-NP*Z
M<%O=L.=:/[L/`',HINF,AGFM=J9GA$C%-*_[G:DR$$G/Z%WIWBD2Z*]'76%U
MT0IJQIVYU0PJ:AI)`=X%3]A3D._C`$[4-1FS="5$%R\/V)G012!V!\SKQ[PK
M9W;%"]&!VQO89X"-!E#KW5$QK]7.[&8*E06$)&`3P5)7BB9$`OVU!EG`IK*`
MG=G1A"Q@(UG`AP`%6$&.J2Q"QS*L)72IAJIB.%<'7`.XB!8RMA0=X!K`!:1)
MF`Q).W$!:0)<X%R=2*%Z.\-I19FZC@DGZIK9^)MT)%D&E33`[H!Y(T7H7<%<
MN&UNX';0,(!YBS`73L.\AM;4C9RFZPKJ(FF9/ARF:Z".9M"92CWAZF@Z@CN4
MT323]_N*O24.0F2SSM2LG@;_)[2"57<S@:<G7W@GX8RA"Z-R>NQRB;K3XY>I
MHY$&&>`6P*1@F'C&W$OL]LN##'`+8`(2Q#$-<H:[U7I,0((`DV(!_AF.;?'Z
M&&EP20?@9TR]([4Q/C9"SPHL#/4QS=3'=.5@/-3'`+MWZ$I"@3#O#)\+MWO=
M&>2!VP'S+F`.&J8AY(6JCE'UKI0,B*1D.M,P3R#,NU,()EIQ3%<4.Q3'-)/X
MNZ8]IGW%G4':KXH]`YE$$#K+`-<`+J+%B"U%![@&<`%I$B8KTDY<0)H`%^@L
M(U*`WLX@6E$,U_%=VS)1@$WEC]L/_AN(ISNO32">!JX!7"`"`*X!7$3#!:0)
MXFF0)L`%XFF(IX6+IV]<;^EZ]/(3=TJF@P*+A-<04#=2;=65[BQP+@78G=9T
M]KI2Z282[)UA=2@<!VX'S`'S#FF8UX.N6%2A#J?`V90&M(S6F2MA!0*]*ZI=
MM*,I@\XP.YQ-:20->(]]RR2DM)"M+%POF*,YSB7L74\#ME,<H:X&N`9P$2U@
M;"DZP#6`"TB3,`F2=N("T@2X0%V-2,%Z.P-J19F2EV%3<5SGD@33CM'A.U"@
MAY$\H3HDBV7F]M<J[$7!MHCH(1<@#]P.F`/F,FB8[EA4D6IJ.L/O`ND8N"@`
M_'71$VG\D-<[@CM4U#1UL&ZQP)YA(1OR?IW?1(`R&N`:P$6P&+&EZ`#7`"X@
M3<+D1-J)"T@3X`)E-")%Z.V,HI7-:92HG@:"Z2;2E%U)ED$1#7`['.B&+6X9
M`BY`'K@=,`?,0<.(@SR4T("&`<P!<W%3:(![,^DY**#)7T!CVX@0DLSEO]A4
M3#P-(/G7^7T$J*0!K@%<!`L46XH.<`W@`M(D3&JDG;B`-`$N4$DC4JC>SG!:
M@0N>FLY4:ETY80EE-,#N<,$3[(=($6X!\L#M@#E@+H.&@0N>H)*F&SI&!<RA
M[EWP)!H_Y.%ZIV9J:8YJF18E_^Z")^PIR/=Q`.?H&M2P`^A&#1G`[K#[:VW8
M%8]")-@[P^K"Q>>=01ZX'3#O`N;":9@.;:I!"K#;2D8=`^BP:=^=)*`V[`CP
MHF4!7T^.LGR+\H"?7.3XBH<-;#VCJ8TA"]B(8;L8JE`*"(G`[G"\/@'0(4CO
M3)#>&>2!VP'S+F`NG(9YK6F=B=,A#PA:!C`'S+N0`U0O^GIG2E\%2P,>#U);
ME@54/+P,/>,)^9`$S*%AVRF)T%4+N`9P$2U:;"DZP#6`"TB3,+F1=N("T@2X
M0%<MD>+T=H;2BF*XBX45+`CDPG75BD>;ND'@+B[9%][XKFV9>Y_$PU>M=DI,
MI]':A8%8Q0OB4#5)`%1+V.[4`HE#69GE5>L!45M'5!#4X]%QQ63M3*V40)0%
M:06:`DW%IREHX)925JV>K!VI4Q.'IJ"!@:9`4_%I&J?6*\XL55?'IX\@:7AT
M-Z%B>:VN2O!X>NGHUL:^"R?\[L:C&R`[:ALHZN9&X"ZSN(?^.6&=+%8SW7!J
MXTQ>T\LR/S_\?\BE0WJUH=)H>O="'XAU>!HX\?B^4//,V+DM).#%CFE%5:P.
MTL"&W61#P<XN`1L>3U8+P(F5MDH4ZX0T<&,WE:)@?=V`#;O)AA"HB,V%G3+-
MNBK8S0#`CT=VOYMGQLHVRE^KHC6\!4[LIGW6^D(6+@,?=HP/7ZM]T(AB<^)N
M=43SO%AE4_2+WF0$W"@R-^Y6=#3/C146?PS.O3#RIX"U5T]^,ZWGY.>M']EW
MDHEMEF2CI8_?)#^\72!O3M9&`'RC[>K\5(7)_L()I<@P_A(YO_RMW_N;XKDO
MT2_JWW9).!BHJ0Y`YW#@^KFR8+/?7J)53%W;S$3_Y@DY<S*(Y2B?\#.V%5VY
M9K4I"G),Y9.%II9M!1;YQF>,_-##IH("Y2.R/.4/9(=8<1T%*??8"#W/<N;*
M.^1;OC)S/25XPLJ_,/*4#XY)GGJ/#;R88D_1U0M%ZZGZF50_AR"G*G[.@3U=
M\W.^0CQG?'&.GO<*3/[\?@6%P,^#?0.-N\YY0YG.7<`_@$R[D2FH%D`G=YYS
M`!F0J6)V7"U@Q-7N^#D@68!,!WSC=;"N'8G5^UH!V+1Z8W02HD/(W$J%(+TI
MD5`MM(E_`)DV(@/N/7`.(`,R!2&S,'X.2!8@TP'?N`4A\^^.A\F\_HM-B)E;
MJ1&DMR42ZH4V\0\@TT9DP+\'S@%D0*8@9A;&SP')`F0ZX!NW(&;^#5G.T9:$
M$"Y+JPRD-R,2JH0V\0\@TT9DP+4'S@%D0*8@7!;&SP')`F0ZX!NW(%Q^_<GU
M?>S_2`\[0]3<2IT@O3614#.TB7\`F38B`QX^<`X@`S(%4;,P?@Y(%B#3`=^X
M!5$S[0KV%7N6"X79[=0(TML2"?5"F_@'D&DC,N#?`^<`,B!3$#,+X^>`9`$R
M'?"-6Q`SWSJ&'=(>VM`!K*4J07ICTE;%H!<"3M]'KO%.!R"+G=!2$!(`YP`R
M(%,09@OC&8%D`3+@3<L09G]`GF,Y<Q\*NENK$Z2W)FW5#.+'V:P[@O)3@T%V
M2X`4(F%Q'I;C0L*6/%8+FA]=CWSC:%X8[`-8SDXC`Q$\1/`@68`,^.DMC^"C
MFZLA=F^E-I#>CK15)X@?<B:M&H0/.(5'4I8LB`21^X?O!KO7$4+WKCN+@`R$
M[A"Z@V0!,B(@TU8W7>S0W0\LVU:>L`WGPEL7-+Q#-G(,?)'+TZW"]IR'9Z_8
MJWO[[ZX0T7M9=E"%Y\WD;`T@V9DDBP2Y@7MLN','#G6`/PK(0':@0]F!EMC"
M1P\Y_@Q[1_<BA3"&`*5P4@OYAP;R#\A7W!FD'MJF/=[AN>704QV0>^C:%K#P
MO'F\FP=@V*KTC01)!\M1[FYNE>.'W]KD:4%D#<A`S@%R#NTPA983N,*;0>%1
M=,/@1"`H!(X2Q`D?'#-OW`59B3T,WV,#+Z;84W3UZ.XYC^1$O.2I&P3NXI)]
MY8WOVI:Y]TGTE+H-FHUGP7'(TJF,2H,"A0QE6^[QZ^Q/L-_I1?%2AR60%TY]
MSI1_890O@DBILC.0YYAKJ1K].G4NASUX8/LBMBYN'0.XU^WSTI2%X*C'.9RJ
M8:_U[`KP>R/\_C7TC"=$-#P`7W.>V?=#6L,J.O`MU#4/.`ALO"#3$AQ\;5`'
MU\=OJ0=Z9.?D^*9\^=8IG$_X&=N*G@+?#Y=UQ!%J1@BQ]6JAY`Z(WV7BMS"*
MC\_+B&WM6!*T8M3K2[1J/34M;F<F6"=YTJN!N\S"B?ZYT<1J%BA1.YTWC?%A
MQL9E(12KV!ROB)QE^N&4=K4$Q3NI;*T(\C*%L\#?U?$W(`U(<R_;J0KL$N4]
M[<0;.!N0;AO2H$/J]?O4"IV^$B6';?6S09,`TFU#&F+'FCE[5'PJ9P"R7\O(
M-4,G3-XMOM-#F;O/V'.:W?G,X+.2W,,/IQ]RH;)WI,6CG)%+E?*;^-%4\VD'
MY)RIU]V$L2&J9AR6/P.=M-KF-_W+$J)Z#F&[0%619!7H"?0$>IX\!'D.-!6Z
M3$#5=DFIV@."MHJ@(*!M5+NOU6&9LT9`V*UL=,X01A5"4"$VE4/]JF,0TU81
M]+4.BK>-Z2-5`[*6%]31_N3/069_<Z$FF]JBC8L;UUNZ'@JPXD[)=%#0:`L&
M_NPLB6T8#=OGPTFEQ%\/6F6<96%[P+S^N"+?5J;$H`N7>VE51DT6=@?,(7/<
M&0W3MNRN)!G8U]HX'^RR._`B:1O0\`WD,K,:#K02=?%"U7ZK-@8DR@D>C59;
ME!.\Q[YE$E):R%86KA?,T1R7<>DZE1-LL]7GI0M;JJXJY1W`I76X<(H>6XH.
M<`W@`M(D3+*DS7X-R!3@`GZP6&%[.T-K19F2EV%3(2&U8ZP@J!9[:TIVPR9>
M\K(S6X/2\CQ@#IC+O`7>&>2!VP'S+F`NG(;IT.:W0#4VW?+<1=(T6JM.]DL"
M^FMUTADM`U&JU*DZ.'4'%3:"["G(;O9A9P'VHP`7T4+'EJ(#7`.X@#0)DRII
MLU\#,@6X@!\L5MC>SM!Z76'CN,XE5-DTD[SLYX)<=N,&^4O@><`<,!<_]`+D
M@=L!<\!<!@WS6NO,_C=4V8"F>3OH"+>+A'F'*OF$BU'S=;R5%WFHL6DF$7CC
M+A;8,RQD0_X/"FM@0P&VH0`7T:+%EJ(#7`.X@#0)DQUILU\#,@6X@!\L5JS>
MSGA:V9Q4B2IL(*RN.UVIY>O\++MM$R]GV9G=0(&8'C`7O7Y/8LR%V_4&;@<-
M`YBW"'/A-$R']KP%JJO)W<Y#=N==)&73F1LO!<*\0VI&N#!5[8S_#K4U#=76
MV#8BA"1S^2\V%1-/`\@&0I$-;"[`EA3@(EKHV%)T@&L`%Y`F85(E;?9K0*8`
M%_"#Q0K:VQE8*XH[)=-`@>4Z/H34M2>*U5R8RV[7Q,M<=N?0MTALGX_K`7,N
MF&M=`5VX'?#.U!X(Q.Y#T#%09-,=%?-:'77%D1&JRF8`13:2Q$[R,KQ(H+_6
M>YW1,\(%J^/.N/""E=D<U30MR@;>!4_84Y#OXP#.W#5UYBY?GRK9/0K8NI"%
M,3L3W`F$^6N]*]Z6>"$U\#L<G.@"YIWA<^$TS&NU.\&T0$D[:#G=V#'_44?8
M7230\^:HY45=O(S=(%\#'7FA%RUCUY6#<0\!"K""'%-9A(YE6$OH/@T'XR"K
MUB3O`"ZMPP6.\@#7`"X@35(D2MKLUX!,`2[@!XL5M+<SL%:4J>N8<"2N_G,J
MO7R;@+*;-/&2EIVI,A2(ZSNS"2L0YMWI&"C>UC?P.^@8P+Q%F`NG83JT[2U0
M;<UK-6?%JNSNNTC*I@^>>Q->9"]GIW5Y<1<O5E4G'8$>"FR:R0-^Q=X2!R&R
M6=-I5FF#_Q-:P0HR@U!F`]L+L"D%N(@60[84'>`:P`6D29B<29O]&I`IP`7\
M8+%"]W:&UXKB8R/TK,#"4&M3?ZU-OGO;9#=KXJ4O.[,]*!#3`^:`N>A!%R`/
MW`Z8`^:@8<1!7J0R&VAA`WJF.YAWIPNB>!&JVIDNZU!@TT@&\)IVF_85=P;I
M/RBH@8T$V'X"7$2+%5N*#G`-X`+2)$QVI,U^#<@4X`)^L%BA>CO#:44Q7,=W
M;<M$`3:5/VX_^&\@LH;(&C0*V"'`!6(!X!K`13A<0)H@L@:9`ES`#VZ::R"R
M/AA9W[C>TO7H=2ONE$P'!18)M"&TKKL8:)3O2B79[9MX%4&O^UVIQA*)[5^/
M`/7Z4<]W%[O$F$-5.7`[8`Z8=TC#=,>/$>GDRFLM)^RR._`B*9M\-VO(R_`B
M8=X5!2]>H-J'RY?AZ$J5&<%[[%LF(:6%;&7A>L$<S7$9<>]41K#--A\V&6!K
M"G`1+71L*3K`-8`+2),PJ9(V^S4@4X`+^,%BA>WM#*T594I>ADW%<9U+$E8[
M!ERX(OCNM^S&3;P$9E=2Q_+R/&`.?"[S'GAGD`=N!\R[@+EP&J8[=:LB5=E`
M?U@HL>D.YAVJY!,N1LUW@XR\R$.-35.G[A8+[!D6LB'_!X4UL*$`VU"`BVC1
M8DO1`:X!7$":A,F.M-FO`9D"7,`/%BM6;V<\K6Q.JD05-A!6UYVN'.6"7';3
M)E[*LC.;@0+Q/&`.F(L>>`'RP.V`.6`.&D8<Y$4JJH'6-0VJ&JW7$8X7"?3.
M:!GA8M3.E)$)5E9S]+;K%J4!;US;1H209"[_Q:9BXFD`B4"HKX%]!=B-`EQ$
M"QM;B@YP#>`"TB1,HJ3-?@W(%.`"?K!807L[`VL%;H=J,F.I:H-<H,MNV,3+
M7'8E9RP2U[\>=^4`K$BHY],T$F,.N]_`[8`Y8-XA#?-ZT!6+*E2%S3@G[+*[
M[R(IF\YT\A`(\]<JM*YI+%+5M(Y`#T4VS>0"[X(G["G(]W$`A^T:TK##?&9-
M=H="/"W;F1A&(*9_/>F*5R$2ZIWA=.&B]<X@#]P.F'<!<^$T3)<"=9$2@AKD
M`QL[<7<T3&\1PXL$^NMA9]2,<)'JH#,9<,'R@4?SL"W*!WYRD>,K'C:P]8RF
M-H9L8.WE@1?C<3ZS)KM'(9Z:[4P0(Q+?CZ%]`H3KW0G7.X,\<#M@W@7,A=,P
MK[41E`@VD1%41]"%"_0-8-XZS,6+5-6+H0HU@@W5"`Z/WL3>LJR@XN%EZ!E/
MR(>DX)D*MLTF']H/-,<[@$OK<('&0<`U@`M(DQ2IDC;[-2!3@`OXP6*%[.T,
MJA7%<!<+*U@0R(5JPQ6/-76#P%U<LB^\\5W;,O<^B9Y1JU8Z):;3;!U/;WPT
M/]20Z12'NHD2K);`0M4)5<S+LG*"U'(^$BO_#E1MWXZ60#2-#4[%9.U,W95`
ME`5I!9H"3<6GJ?0:^/5X(ECS!W&HRS*M%0=$5=6]Y9/8KD6[H(O;)ZU`T_;1
M5/ZLE#Z8`&V/;4=4++$55AP>SS6U:'/DT0V0'?4E%'%O)'"767Q#_YPP31:3
MF6XXM7$FE^EEV9X?]C_D`KQ7&RI-6DO]8J#GR_/6ZM\"/QXPW\VS9)66OD`3
M16%P`<4+BO<<Q=L7<GL-^+!K?)BOE@/8L&XVW$V+"\")7=O#!%[LF$H<B76[
M'+!A-]D0E*'87-@EP_Q:O=!&.1L"`T?6G2)216+'ZMK0Z&*VH0%^[*:=UM0Q
MZ$7@P\;Y\+4Z$:R#.7!BES=QM`M]`#ENH?EQMVZD>7:LL,1$'QQMP[Q58O)3
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M#GY#ED-(2;[MWSDQ*9%]Z_B!%S+*7`<;QB?$=CU,A/K#=T)`9UZ.JRA#;!'Z
MQG68_D$!-A\"\K_L]7>SNR6A.UV@OV:C&_;R6^=WARS()N)O;BV#3'&];CLT
M,?GO!^0Y!!CZ422\9"6?"$$)=)0%'@++MO^.;;,R+CS,$>H^1URJ:X[@0J(-
MM==?NEM2.`G>@8>,($3V'9EN@!R38$1XF@R_1/8GUYD_8F_Q'D^#K7?M4/SZ
MX=O=Q^-$-C&1>CQ'=H52I>UCJ(_&HVT0N:R\.)!$3V[TH8@`ZOL`:KU1*0!W
M5KQKZ;YZKH&QZ7_TW,5G%(0>$\&O'EZB5<3-CGF#;)M(_O4SLFPZ`F'I!V3C
M!ZKAV-?+Z)W#,/3W8>@/4MJ9R_0WK!1I*G=&53=YVG-M.R!>C._/7(]P'O9]
M@VAL9)H6Q1W9"[+NIXSEDP5'R^_3Y7]&JVCY@R/&_)YJAQUV^FPYUB)<[&G!
MM2Y^%_J60V;T@.?12A-U?+^8TF43#>H:=/EXWYROAW@@3C+A67?GM<D?J>(B
MJPW2W-K;IM)@BTK$D\"O?AU&3%H,RUWN/$PSRO.6$[JAO[$Z5"E_=7TVWN,+
MMI_Q9S;FG4=U"/;68G-,Z/L9-+*<9R+.WV[9?RAP:ZS)(I>8"A[53@3L#_\)
MR;.;:9X2]>$^CV_Q=D6+/^#I1JKD>C[WB'8+\'MK-B-*S#$VGF6BB#>JY*CY
MR0*2G_;<8M<G;(8VOIMMEC)[(/)/O!2<>,CO5I_1OUWOAOQI[GJKNUD&*>^Q
M;YGD#\28?W:]8([FF*W\%`E':2=RM*^FRJ%\KDQ<+\B\*2_<N'[`A\<3E']_
M>/28_[LB4_S-?<:>0[]3!2W6_IOU'9L;G7Z*#.-],@QU=9\,9T*WL0?[#]R$
MB]`FWN\SO@N>L/=(7+I'O%BZQ`==W2Z69-%T&73-F::1`QF8[J9\\M6EWK*!
M[(=P2H)CRZ<NN4#TF&1H-CZ0'B;/YCN_>40=[L8C9+W1JV@(LEDC)PI1#4(4
M+B9@>G_BX&P+,$K%H`=P*K2V`E!1.U(M5`E#T7P#]HPM??L.&7^2:',/.Q'8
M>90*#/.2Z1BN&S+1L/?1C:>UY4=L/4F'--RY0P?]NVM35Y^R`&_:>%0$B84B
M?LU!@HB0Q!FEPLW=6*DXHMS-;E8\>9P,<?)@8W`I.022BE2DJH[[@AO=_$2X
M(9$+P<V+Y)A2X&YJ6_,H"280,5+QLMK?%H0J#6]3)#IA=<525`.1/**B9CZ_
M^`@?.HQ20?CDF-R4M/"-4$@$E%-QLJ95B7,UGE2>!.8H%9)N(E*>GLG6\A-M
MADVV@9-DA9-WO"=C/K)=P&3;\TCFMK^3N<UP(;>7.GGU*]VFC7=IV28WRZ['
MF\:;[68;+7W\)OGA+5&A<\NAF]MOM-V*G)PM!O1>D1X#ZZ?.*E](=9L^_8(C
MO:;)Z.09?XF<7_XV^)OBN2_1S^K?=M^J]L:E6W*=4PRQ?D^9??_Q,GKJ\B4B
MVI0P;68AP/7'!V7#\GFJ)50UU1+]-!V2AX`2*4K\_?'SF90XU@!$U?:GW`H)
MS1C]_#*=JN;1KW`:?>G0$&4>?35O56$^PIS08(+JR(+5;-)JT^VR&>6/VP^%
M%6J;W1WM"`,-M"*7AL1/U>.Z)&DK)8_;4H=IJEJUU:JPSI+M<U76&1Q72&^W
MB3>;-Z&BS*-)4\[!)I0PJ(5L2(7\?.LH9"B;9MH;5;8%%$E5_DR=ZH1NS)3"
M_9P%<4"^7T]@WJ_3DZ096H6E:$MF1QHRI,#_P/_5\__QG%0N>\G;S'.QE),#
M!ZG>AUBQ',5UL++"R%-<3[&QWZR1Y.7+%1$:?LCF.KI7/!5WQCF\?E5+'/=R
MM9L#1N'`*&5"BG-X)67`&V.72I*/7609*75+KGY9H%FZK5F.,@L/UTXLAPW-
M"%-M?+;@R7/#^9,RLYZCOPCGOE6Z@RF(PE(O]'&NUD%2`Y^VS0VK`/6BK^;J
M3U*7>]$%WA?.6'>'[SMI^C:6;FW\`NR`[6LL$3#.=9>7U+`+IP$F:A_L'MB]
MCG%])^T>&+E&`[Q^OBLKI09>.($G\$]4,'3-\+YV,1J,@/>;XGWM8GC\7L=V
M&;RDC\/EE#5R4)!C1I>LQG\0C1$K+90K>*"CHFN#*[2N`UT'PIZU-U,5;2NU
MW@,U%WEKWOUMGL02RZYP8;`P1)5>;CL49D>7N<]H-X++17S27;$VA^(%9?**
M^[SGG[@<92YE,&E2UPXO>OEN-&P/*[:ZF*9J?JS01@POU'SW#HM7V=<5MA2+
M)SN5K0)F[+*.S)/!.W5E39E&3;SZHG_"OL\ZRFVU".?<%UW&_J[C5!O>''TL
M2V'.B[`5-+?/Z(@>4?!ZCAVCDD;L!:F7ZL[;[^G\Z+='J^/-ZDX-IFJ[??G7
MO>"C*V4XM5X^#%6J72[Y?@)5(ROC`6HB8<D4J@&U%:*2:ME;FNX%P6_<HK6P
ME>DXU0-8&TXD,V1<Z2D"35)]?[7)B*-U$L>[:%U_\W&J,[`^K,RM2`8\U!96
M(#THS^T`XU37X2W258*TH.Y,$2)+%+ZE6BVK?'S:4K[-L2;/IUZ\-3+],Z^>
MU./4M3PD>-J&BM-\&[RRBKKCV7/\C?PQB!OJ;XGN'ALS_J37Y/IWLP.WNJW?
MLS7B1^L9?R7R0J;QZ'ZT9@'&3OS[">:=I'(/@_'Y5N;`)1KQJXG4;HGC.VR[
M+^]<]\_H0EOTG=XOF!?UTCAM0_/H$DHXP6H+O31:VC98:NJ^P=Z5-EA?.7CF
MH@_P)[V:<`?=[4MMMUG)_W\A^6/`;FEX;_F&[=*[@;^$=.IWL_6WU.ZP].V7
MC]MDVDXSQ&]9$66C9;`T=]#/53Y2$R<E-Q&)5F?JG/3-/>>KG(9O%5L[*!XV
MR0H(.SCSSZYKKC8X,9G?O.(W#YFX(.SK[Q]U@@X#G8K();U6A(<I."M^.`QE
M*I">:.=Y>;D1;3`=?X*[-^S(_H34^!OEF)M=PYZ7LU/!\6!PO@XI&!PW2)",
MJ][7^N:?'EHNCX1&M=`C?1&MED.I%R3(L2NJ(A:.(J7[]3TVM\X'Y#F$9_U*
MKJ*9C*N_BB9=(WE6ET9=+U"OD#Q4JN<B&X']OMUUD<V#<!-5Q83";T*'3,.V
M',RS%>\D[X(G1\HSUC"/CUU!,!Z4KMX]JV=J\IX*2)-%@'^QO@D?")%,A0@#
MTP:*KEZ4K.`JW1XV7S5Q+DFIM!Z\0LG*(E^D#95('2H;?4C;>"8:D?R9N21*
MX"IWCX^WS0O:T7Z_0QZ%0#Q;`P]K%4AJB_)0:)`7KKS+Y]'#&6A:Z+A3943E
MTYD;J%JVQY@$9I)[`VL.!E+M'2BL?(>)MTV-GC)%-@FL<G6YYVKK2M7\UGSB
MYB"<^2IX<]_1E;,@ET.?^(,K5?,=HQD4Z0EPPI("Q\C%,9-<APHRE/\9*ZBK
M@37P3"T\H_?+]JPIRS,5^@OB>`'7IAEMVBDSUU.,*$2V:<&#M4XC^HJW$RP'
M3T+Y"I6=01^G#EH7$HKF;:/$"-5F"P`C3@T*JH53UWOY]6>O*NUIA)Y'%*2R
MQ)[EFHKK*/ZFN,%QR0<>?K;<T+=7L3[-UX.IZZJ3IP\J8M#2(?QSM;H!K=\^
M`H`[#>XTN-/M<Q4!(W"GZW"GP946Q9/(E9@#G=PV1Z[S!,AU65GCUD123_H>
MFZ%QVI7>L@H;KQKL`KC3LKJ*@!&XTYQ4Z*[_[+NVJ9CD-V=.4PZQDPVJLA$7
MXK4ZZO\(;G2S)!CFH@#H^@IHT%>;I@$XTR><Z=TT#-@+<*UE=1L!(W"M.2G4
M)`--SXG-R$_*,SO9?-J]]L-E);Y,AAG=>A4H:>$2LV`!("_>,@*\5E5PYQMP
MYRW'H%UQR2B6HQC(?U)F-EF,@K\OL1$?9I[2MANV'?U.NWU"V0DX\S([JH`1
M./.<U*F'%\AB)V%M:X85=\8<^#CGL1))2<9C-7\]X^[)LJJN9ZS661$Q_PX$
MYD=@0=/[0.+61'R="#8^.*;T32*R>%RD>UR;.N]=!I>FA5_-=7.F<%TH@"5;
MR)+Y.J,(V.<"N+*%7-EX]Y6C?I*^QQ3;GI*J'NNIIJNII,QI'EP_50G6WW;_
ME<2]Y-W.QV"?2(?YZ'`@KUPJ]WCI83_JH6YY1KCP`^JN^LK+$_8P2^C<N`NR
MII5BX@![9'+KTY?*WKFCX`D%BD7^SPFP8_HT?>YCV][)"BDT[TZ^XBL+EXQO
M6W]B>T6?=-BY_V2(%XL\-\WE-0,?%.,#Q</_"9,]^32]IO2:"\SJFIZQMTIE
M^=!B^?8O^N2MKZ#D0A>"A1]<R4@[_5B$V1\6B##CA\1,Q9\>O^1^SAFL+?)6
M!6=\^',Y()1##YRZY9S?C0#G7OW`KO>XC^\L^`U9CG_D+@%]YRZ!/'>G35)W
MIPU&D0DXYWZ%]"2CY467"KUY3VS_,[O9Z(M+M]:1?;V@%^:5NSYD,ZJ_N6>>
MWD.QOKGBUJ%W*)D/+VBY?VG%A^_$42$3V;Z)Y-V*K"-<DI_6(^Q\?/K>G8<`
M!9A^^"[TB1/D^P]XSLI_=Z=$O:<[XA"QFPE.7'VA]5(WJ&GKFV%.X%LI$21"
M,'6#NJJ.:\/PV,V]#3'R=%H'ZNG+V`?CH2RH[W]WAD([H/C7@5SJ_C)-GPSZ
M(@C]9KS-14'WEO_G>K77MLULY!Y,?\?FG'#>>^P3>\U`V$'YB^N8\4?8/(5.
MZM*QL9X+&GJ=UN8;GRPTM6QFQ<B7WZ]G<>W'<]XLM/1%W>^B?9Z')XR)GV!L
M<*#(94YI#T81X$]=5*:N;\8JC^RN5T3$#GM$`#]BXMG1NZD,=X$?T?</WY?8
M\7%T4W)0A3^D]5(7@*G#U`U@Y\UO=TV;BX3I552)ET@>BK_MW[NV31RL%^29
M5=PAI?5&U=\A-=GWYU-%2D7B0)W''2#Z2*_A]IW1?N8U?RXFQPT0!6^O4B?Y
M0\'X&0$BS>'>%O@Y=U@,S]X%SV#0<UYPE$6/YIL:D9A==M!S;FCE8YQ]B3@&
M_K!7W42BP<]#!`1$&`%1>^F]+,%,2NTFXN!6V;9KH03HNS*-727DT^0\\1M"
MY*T4]4+)?7F0^"+1U,[WOKR=L;.[)VX<9][/M2_-7W;$LW62BO+C$U;F-+U*
M]\YHY!YOKB4'DWYZ32(8]M./R9;K[X_OJ*`CQ<-^:$=/$!VP3.Z0)[_]B9TW
M+1/['))Y>O!2=K!UHI/E)E;L_)5RZ3B*W_OHU#E2EI[E>LH*(Z^[<M.H1=-R
MU:1V02PEMFB1+6/.:&*^_&/FBSZR7-J6$6>J4!`&[#29;2VL(,JJBR>7HAQ'
M84)9[5F4ZN3^M9;OL!%(OK"2?R(LW;[W7=#`M**<E%`A;*$U0K`+"@*"71&=
M=KG3OA#P-A/P;I?N0]#;F&53<]V'`)9-:,MV*NCUL(V"Y(Q%$-@XZAS[8@5/
MU*:Q/%08/+GYN\5"N"M-N)NK[T*]`G^BK1&(>^%(5Q=6F"'2%4H[#',=@@?U
M(*AZ@#@7-G6;%1R(<&%+MW%K]GJ8KU$@B&7[Q1(23T*()H2A;?$SVYYUZH0X
MOLYWHQT(I,`"Z24W#$#!$V2`P?2V5-)S9H#[P@HS=+8LEC(N`PKHG_C'X]V8
MBI^EWSN3CVV;^+F_D:<\9%\[YK5))FOY@<<:&<3'^<OT&=CT$R%VFW(,L^"W
M`5[X.YT8XAXASCQI(Y*[W<CO#U\)CUG&1\NAO2;6W4=.M748[_<[&*Y[M>2#
M:=-D(Y[;/7[&3B@)?`^!1YPSVFPG!I`L\]9A+7:B3B)G`YIJJ#52UXBFT=F@
M]M7#"RM<^+1M&#:_X"":B(7LWT)$WAS@#5&3MC4^FR7K$?1^T]:&"^)KR'[#
M[MQ#RR?BDMJ;MD*83H#RPH-+@L3K!7F[@4Y`HZ8Z6ND[R/!#8(L7UZKB'?(M
M@WS[O643E]I,NK-]Q=[#$_)P)3TW5%6`GAO#W/LEY_H+VF"<=^SHD6;"_+5'
M.3[B46K#262D2H01YU1&KM]3QI;GZ!7R+XP\7_G@F,0MW79"<_F?^;U/;A5F
M9X4#VK!?=30:O:(FHOU`4P5)BQ<%?S?PDKR,JBL%.2;MK9S\%B7[\A`S)5[G
M<.V9`G:,1J,)ARB#HR".]@.D2BF:.^2KL";GL'`"+<^D9;X"KD'>*Q)RDC-'
M-UT>H3Y/PN5(4FA"35RKE=_R'8VKR5RGFRP7LM>\Y:%62\VB"P7'0<7&,N<J
MS*K`)/.J\&Q6B,L)94TB`FB?:P!SOJ!2P]8%U&LR`\<WB81.0W!,HW_!])8;
MVA%6>6V[OI]K`S]E`<[8$<AM`*3<A6'\GA.8LK[9P9D/AI.F'#$@:34SUP:]
M(K%<OND7L&1`V=)G:2\T/7_.!0QF70;S$_;]-TKHF'1'T9K2S9E-((5LFS;,
MC^H4E\@++,-:LJV^Y)JQG,6)M5A84>JAMEW0BNJA*I3;7(W?:HOD@*BE/"<A
MC2R0E@-I=3&3DV!D,Z-2!26WNE'+2CY8N$Z4LGQR;3)%88UJM3G_RL2YVFDW
MJ],'.;?!Q,FY`J?4&V3WA;;_P#"B,0R)W7M"NA6I2F:I'`MY3+D@\E-*'B2Q
MA:V'6CACTGK$(<2K,<2+2E"B0A5LDO@.>VB.HY@N'<WYX;*".2BOLSI[;+VK
M:<M3W?!";7F,QQ?J2+T8]`2+S+H"_^2B1^#OJ:J0X4Y7J#"^&.O]BV&^&V3J
MLEK#SIS;Z9@>!P4KKF\N*SS@2#>Z5T++N:?,O=[>*!%UAZ3E_1@.;I)R[+)0
M80K\:M)8,1)PC:Q<HU[I8I8G`O.(SSS#*UW("$AF=T,04[_)[NYRXB:]FYL-
MRZ:9N4U$H*@*T!9A'Z73H#>EDHWSS_&*>SHW[OG#_7PN9+8@LR6(MI05'G`U
MX6RJ'&S<D?.C+89=@C.>+48?SF&*;1Q:>`ZS(X*5LZ@>C`D7&PZFI#'LX:BA
M\'9D@;P_+P/WDOZ71!US9#G);KKK*"_(HPV=Q;,869L\'`_*=.0HL);K^GJA
MC^X#58M=$"'#V7V@;5':@D&%L_NE]O*:.JD*)VSWPYCFJN.!5>1BE4Z?W@>.
M@>/[HO@6\EAS401(AOUKP%HZ>])^R"'0@Q/\`9S@AQ/\78,?3O"+0`6A3_"#
MU6+#?9C-L!'0R\V33&1`;U#%_PFM9V336W:AR%H\=ZQ=N(#:!7THBCY4E`>F
M`-TEO3E<O+T8@9F8:^I1[?4OM/X(W.=&\KY]]6*2-_<+6IPK#7I#[4*?-%8<
M"J;B#%/Q3RB$RY$*E7`#;*AI%^.18%8(B`OU<$!;J(>3TVHFI_G/W2@1Q)0V
M7^<!]2G[YGG2NQA/QL1(BVF@FX<>6":#9715NYBH.3?FA"M>`,ZI?T]Q/!E=
M]+2<>XKU.!?]/8))Y5WD,?%\K]J0_LJ/,Z8AT`85('W0GIP#=J<NLQ&5LR'$
M*]B"VXP#/VC"707F'>J(JUV-Q#SU!%PC,->H5UK.MEW0A!N8)QYN>*4W5LD+
M85]-8=]9C8%K\(YYS4/DP*_#6#<4^G48\6[HXA*95>ET=Z4L*P$?M@F5>O2A
MG-C4H[GVEUNIYC*2*PG4WI$["09Z/R)Q1;G#]?AEPH71@6B!GL)4;AW##DWR
M9%_5+D;#R84RU.@6TE!!CJD,>L.+D=JGYVX.]6-5@B<4*`L<D!\P^;OW;!F8
MP.>8%BU-9\.\8`\KF*S9BML)>=C`UC-6'->9N=X,6P%K-&1:SY:)'=-77&_]
MBR)B1",R+XK#85O'LQ1"9\8A*XP\7R%TQ:;RGK#!8HH]15<O%*VG]MG_ZHQG
MR`_:!6$4?XF-@/"*O;H2@!%^8HRZ_HWP*/WYYY\64^O-@_&$S=#&=S-VQOK:
M,>,BH@]Q@^.OV'N@Z>1'.L8CF=L[VS7^_/5__H^B_!SZEW.$EF_N"$;>;925
M)D)$5W"/9[^\^GA_]_G;/Y#34[]1H+X]WGTCZ.GQ;Q^<P`I6WRCT8[4_&`^^
MF=CZ]@G/D1U]=/W=\K_%[_AVXSI,/=%6R]'''[Y3+4#F^`?R+#J[6_)F@GW`
M/B92_L?MA\^,5*\4$QO6`MG^+Z\NAZ\4R_SEU>W[;YJF:J^4T+&BV?[^\/[5
MK]HX8H:??\I8W.ZJW^,9]CQL?B73,E;7!N$;GZF/&]</KA<N43W_1?3W#]^7
MV/&/0:/O0*,+`8V^#TU_N`]-7@1V\2.8>ACYF*R;_??6^>3Z/N%`]A_SWZ$?
M+(@4QL_>8ZJFR_$78?AO-S:R%I\(*):=X$C_G+P:)2_R3^'3W\?G4IWL`U1H
MB1%*5#B_X.`W9#D^_3;V[YR/EH,<PT+VK>,'7D@?]:^#C\CR_D!VB,FX'UV/
MZ'J"M_&$G'EU+)?)5ZNO'D'*6[W##IX1LTM^/`7B8!]$=31(0.2"P"[+[2NU
M]^M]L\),M;TV;7MIP]VE):\D*N9J--RPR($I92C8&W>Q]/`3X11B62*%]+M#
MV,HFULS\NVM3>:=@4:SNG(>ULW/M$:ETYN_)K\Z<O,9RS4?TO0QK'*;G*"44
MHY36J&`QYZ%%Q[K'AHU\WR+\R3331@@_>N[B^N[FEC#0`Z(&<?/2=Y@X`O@X
M:+D891>T<5J3#,X%K?R:-NKF'C]C)\3TH4</.3XRV#G-?UK!$WO]W1)[S)-^
MP',F>60\M,#12DLIYK0E(R^^#?#"W]$ZJ0E$ZF7]^4-`3"#]X%U(F`3[?O*]
MM9K__>%K."7&*M(C!$,_].@/I_34)&4,^]MJJA1RN\Q[311=X*\UVGO+-VR7
MS))8!T(ZRO4[2%\_?+O[>%R/6PZQ9L&W6_8?^O8U&C>NMW3)Q/`=P63.0-]#
M=#V/=ZOUCW^WR&(\XVGUB:S:WB'0^CNWSC(,?/8%?6_(0R[)N]7-#A??S:JS
M.UHO1<^4WW>:$,T0;B,KMDU(YT4J\SV>!ALJ[@L&!S)J>T-^1O]VO<?5DECE
M&7TY,;T?B/\7K+9T]?:8#)YW)'K!YN8;(K*&FG))^F59(W$WR5+JXX_X`.6^
MBES'>^N94*NP1%0-7!N&&Q+M]&[%J'M#_C1WO=7=[,`KF&[;6MPI:%/1UB#E
M,9\)52WX\E>"AZ%)15N:WE,%!N?P2E)QD3X:\UD)"08VC'@RW7`ZP$D(MN\_
MW87!W8S(0K@(J88U#_E>.U0O.L@A%R92IO0!UUF[,&MENAF7@+)QG#?P)+[S
M*;Y+!6"7*=<S`_9=NJPI^)G$N(1\]'O4]?G=<:<THHVT,I4%`I)+PC?;8A"M
MR4Q33SY3JFR88ZQXS'NL0TZ'*3GM34;[B/$&I#FXB[@EBP7V:(C^V?6".9KC
M$T:_#JJEPM*T39>&9BS`F&'/9QHF6G^IX.MP?'"/?;J;$:2(^84$F7/L&*L&
M:)F*EE,*JV*P*Z-LHK/C[2VBS8]%_5VB>2K\3CD4C9&A>CDG`8U;J9BSY6W%
M9]W(`>BI'(":R@%42\X#K!-%E_$;S;N]P6Y86OO6V3A]";]6P!T-Y1J$9)=T
M7J!WD%V*DK`^CC@='8F1-CQ,CU0RX?*P'\Z9'E78F&0?2*V`:,V*\6$2II,>
MM9KU->2"V/"RY/W]@64/Z/XRW9$/B%:T'\(IK4GR&Z)P*AG4KY+$Y]M8@9QU
M.85:+-M\1A:K?0'"R>2-QB?P:RKJTU.Y-AG3-1RI)$"*32RQ3Z7UFLK$[NR!
MB>*EDTE8P7OL6<^(UJ(V8?XS*EM&H\-1=BD8JY#@=9W@`PX"FPW29G*ETVR#
M=%U$=<A*3L%LK?;%#835QZSP=2-S=[/M2N(_3F_H]U,I-&U4D0JNG5]N?3_$
M5279.\@JJ?297C&C1`04G4=J5._]5,:L3A+0,LF-)&Q<U6U33LWX5S<Z0N#_
MOY#\,6"V<%,9\B6D2[R;K;_UT25Q%T'5"=W0?WS!]C/^3'Y_BDJ#BU;\G%O<
M1J5B0SELNR_O7/=/]MMO9%%$OAZ)O_*1+(',Q\!)-=8VB6Z_?-RFT79*+'[9
MBFYQ1G6FM0,H9J%'4J?&%.8G%SDTY14?#7#F]^R<'IW+N]7F9TK-'1%BSVT^
M3RE).V1S?\3&DV/])\1K@O^_D+S6_(R\/W%`8A8#QR<Y,#U[L#Z@\%N(:/D=
MQOY7SZ6'`LU'E^C)P[D9$2*J?BI?I_;U*O=:.<;>_@$EQ+'&9;U9NG'34]6/
MYW#0.QP@QS2)?)IXAD([>$Z^NW!-;'/AC",QQ6'RI_)H8VYYM*/DV9B(K<G>
M8"(TOSLF]NZQE13J7\\]G.'%GU8>AQ>=2C.I:[N8;T:;56QVU*EFVHP0_8FH
M@>M90!.&(:4H/:2\^D+<6H(--32$1"9Y3UQ0R&V9J62)MKU*CC/.+C]=44-#
MS][1\>,?]@_`Y;4'!<[SY3@K\D#YU_QD8>?^\[N'Q.#^=UMY'T8[E?D8I7:+
M\R"S8:TL^;NG.9'8PT#SW,J.'8S9%]\U#+>+)3*"NUG:LNTA6LHJYXN*V()W
M#.!GR[$6X4(,F]K?YH3MI,HRI`<`8Y$[@Y*51B^'-T2KK#,ZQW36$`P-4JD+
M_7`Y1]5X[QU2]0,RXX!^(38Q=/AG@AO.:PUB58@<JNW"C6K[\-V@&F])XH;]
M:J_3>O%^,:62_7<2[M!^`3<GW8I!*O8?:*G0\]BJJ[$HAU2AF!9ED(K>52UU
MM+:825DC'A\FI:BSUB8",UO3*GZ7-JE"%E7?\:X.(<SS!&'^JKZ<]2)<CXY]
MM+[3&#K8V;`\#'`Z+AWIJ4J2>D]L<BJKSMQ=SWNX\LQ]X"8IF.[TH`ZEHF!G
M#TL/4@'R()45$)EPU9>W=^5L]""50]!+<P*'XZGY+5_VV>@*.*')X]:#5`XB
MW=RJJ1/%#6^%#=*5#K$M*@U.G?T[VJ'9&O1*ANDS0.DT0%Z-MLEP;!H8;?Y&
M+W#AL6&\&7&K%5;RPG>KOV-SSK)N=A1=/EG+'9R^D$"4N*1SAX;<IU!*[]U/
M4IKDY*IW02(!G?GHQH3:XIXUS$6U1_7<))1)'J8[&`[3D=%)M.OI.5>N`V0^
MQ/@R!-OHWV*&+0PIMEN`_&&=:B8U3&4++M7>3CLISEWOOGJN@;'IT_94&V;^
MZA$,5M%8CGF#;)OH].MG9-D4Y+ACV&:9E;0^&Z;/AXQ3)_.Y3%\4%7UO^7]N
M0DIB/FCT__""EOZ:<2I4\>O/HN,)Z_3;)S?N'+?F]5U^(@CO)>^S63+PK&G(
MNLT^NJ=;C`XS<@(ES0J;):VY><0+&JU[*[I]97G1(JDT;03;_TH;E+)TO3MW
MHO8I24:>%PN(VM!NF-[TSFXYR`?+72+MZ+8/W^GZ0\M_HN-$7B67KCXGH&=6
MQ(_@_&!;"X+?)J5S&+=T!)SRA$XN;ZOCHFO;,]=[09YY-R,:;6&%BZV:I-V>
MR^4T\&8)XU>_TC[0<1MHUH>:9?OC5M2;?M,VT4KX3?+#6V)FB;ZA?>'?:+W=
M1N*IRQI[Z5;CZX;@VI%^X,/!E7;HXBYN%VXD+RG3/7S,%LA^?XG6/'5M,[.A
M^*VCD,%LJJ)S-0,?1;/,UP]\M+^T/+<WT%UG['&[OT$O]`(]QQL:P(CK#1=I
MA$X/#_APQ$<K<D.*)LP-*?W<-Z3TS[\AI7YL0/_4CM%@E*+R.6]('COO#JU>
M`922AW+?<C+9GUE!WR/?M3CG@);V._*QUCGO.,5<9R'1+_#BOLA"(Y=1J@*?
M-=W'1^BN#DOZWF=QZ+!&WWM3]=2\[YU+"56I6B33QZ6AJ)3#DJB])'N!;F]^
M73+P29UH5N8(U8E[U##"5RPG%_):I5<DG@J3SJ/1)/LV8FY4FI2^WSZ/I38,
M#[/+%]U9ZRA5IS0)J4_::\O!F>)(@,W6AX+\O(I`;J>J#L:6R/<0&,R9YR[H
M&(`F#S3I:20CP&81F]^8SR6T)U4HTF@.T9;&H^TWN.#Y<"3$]JWBX/5P4H1Q
M?2`8:AYH)B5H@"8/-!^QMRB8Z0"OY[@EDP13\'LD-+>2^3P5;^763#1:\"N5
M;U0Q_'7:JTB]Y@S3A=B^:@/Z__2L(,#Y=K``?%YA!)FV86%9\BD[NX*5X5^K
M;T>/W-)C>I)0H&7\S\X!I:#WPV4M;U=>JS^FZ;[U=B%U8&L=L+ZXWG):>+/K
M0L_?B,^BGNF&),;,))^^O5"/SBE?S6E^VJGT'%86I7[(0Z:DF%L88-+5Y1RA
M42]Z`[6D)W7&&@H4+`N#ORB,J0N&2ZJ*FR,PKU6MEV'HFB^C%P9]X,KZN7((
M'`D<*11'OA[D5),U'6,4!GQ1F)*=-!4&E;USKQQ!T?+I2&!'T)&5ZTA]#*ZD
M#$S9K<A[/!J(G#WBL=.ZH>`N438DU-/K(2N8>V[HF/&:_O*1_:LA]7>`4-_6
M_[AHD4+KXZ%>JJ9!_D/CM4^1R\%S("`0$`A8!P$/10?%",@A;!"(@-D!9=43
MY-`P"8@GB?2!^BP0JE0]1SZMI@J]NJ+"3?58\<BHSU.+K(<K$R:,#FY9_:A<
M*E$#;C("[4_J6WY`SQ$IX?I.:F5.^Z$JKVW6$?5'Q0RQ$KC*+.HPK!AQ#V0%
M)_W#:5]N_^I8Y+$%_4^L=^GZMZVFIM#?M*:J$.AOVJ;^@M`JK4WX0']3D;`!
M_5,[1M#?]'2J&OJ;BG_VKDU&"?J;0G_3*E6+9/I8[)I_Z&\JAN"(WM``^ILV
M@SOT-RU,)>AO"OU-17-KA-/1X$P)TFY-<J>J#L:6R/<0&$SH;PK]347VI*"_
MJ0ARUWZ#"YZ/``W7P.N!_J;UH`G]3:&_J<!>#_0W%4/PVFUN)?-Y*M[*K;^]
MEB:5;U0Q_-#?M"OH0W_3)L,(Z&_:L&\'_4V;Y'_H;UK<"VZ=`Y:KP3ST-\U5
M<YJ?=M!EI4A_4TT;E_2DH+\I]*3B#,QK51]`4RK@2K&X\A(X$CA2*(Y\W<^I
M)J&A)/0WK;2_:3YG$M@1=&3E.E(#5U(*INQ:Y)WS9A'H<%IY\N\`J:##*71X
M`P("`8&`=1,0FF3F#2FAPZD4Q)-"^D!]%@A6H,,I=#@5K</ISS\MIM:;>]>V
MR6M>D&?>S9)S<9M*\4?V/P3F=[9K_/GK__P?1?F9/O:[8\851]C\&`:AAY-G
MWZV^8L]RS=TGZ;HIM>[Q[)=7'^_O/G_[!W)ZZC=Z'^RWQ[MO[[&AQ[]]<`(K
M6'VC&([5_F`\>*58YB^O;M]_T[3AY-6O=`V5=F8]622A#G,W%8P>.4_##GJY
M1Q_T2AO@,G;VK"S`0#]8:UQ,Y^FU5O84.H7+E5'R*M/F>;:83\"!F2OQ)KO`
MY3=$81(V+]!D9I^_2JU:9BG(RC_G:LS-16HJY9*B_;K%%=<21)-)O`LU/C@D
MV14(L!B^U_E[3:6\-([[1H]/'L;*@GSQR5>P8V+SC;B"66K;DY?@Y<FI#4KW
M3RL6EPYRX'A`+NJTOF((KR@B^1EYQA,]/*N0J#;7K96-2V-5,M98G=4@!>@Y
M]5`I\>-9$M7C$$>"<#<EW/\(':SH/9#M//93(/'3\YV2!_$32_P>\#*(FU.`
M#,HJ@UJN0C>00<%D<+L_#(B@I"+8ETP$]^&63@!!)D[)1*<2)G(S,\\$Y@NV
MGV7.8(+P@#<FD#<V!.&1SAN;0$#4)A$<@0A*)X+C7,V;0`0%%T$^Y\Y!!.L4
MP1&(8)M$<`(B*)T(#O/IS>9%$-*"K9>)3F4VY&9FCIKHH_6,E15&'N0$07+`
M%2OEBN7<[`/A$<$5T\90J=0F&81P2$(9[,E6)@$R>$0&];Z"'%.A5S9@-`LR
M+FX0622;.JA6_+Q,D:DV+O+Y;G$00>1!WM>U)&Z`;!F%NN+FEJTZRU,/9$WK
M(?5"506O"CC67"9OEYBHOTSH7\X16K[Y:#G(,2QD_Q8B#Y$Q\*WCA^0G`]\0
M-#QD!'X\7G+WWMTS]I+/HA?L?(&^[)],7V+SFGP5S?&]Y?_YT<,XN4#K'@6X
M7+,:$QO6`MG^+Z_TK<XUH]XK)72L:,PE0>+5K[VKGC;^^:?&ERL^ZOH.ZGH.
MU-5,U"?"H7Z/K>2U7]&*M33:AN/ZX=O=Q[/Y[G*X#8&V!<'O#^]?_3H81CIF
M`T+Z[65F=X(^N[/34[-3\\XNW;7J.KA!GK>RG/D?R`Z/3E;+,]G^_F1531OO
M3_?D=#C./A?4@]3L>VFPZYQ]+C8>[L]^/!J4G'QNV:<CQG\@G+@@_I2?*`5>
M-F-WT:/]15^J6F]_U3R7P0$@XN"\"WW+P;X?7\I:#3;C?6Q2:HW3]`MCLLV'
MYK]#/Z!0W[`&?K=.9#GN9LE#U8`T23'0H`S_Y%H17]RN#</#M#'5W2PQHW=.
MBGJ5H#CN[:.HE>&U$LOC"RF[MG3SJU\->&J*!?64S>2]DD;T?"XO=1>CE(]V
MJ>HIZR:SGB^!3<I#;*&&+P%/RB>][)?A')DU?`D44[YQVJ]ON88O`5[*-;_4
MN+,@-PV?]'%]=-^1SUBW2VR^#ST2(GRT/#_X?V2$`'L?R4?N"_GC.V3381Z>
M,`[>[Z<I2@0TXY1O7\JS+[NL*O!\P`0K<__-CT^X,DQ3,8&N58/IV4NK`M?'
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M:1`7K(B'3!RYQR<W])%C?K0(TV/G.&!$!-.`Z2F=UR;`:!?A"*]=L/`Y:*7B
M'76<]LK;A-:ZZ6MAR%)AC#IN-X,EE>\'A/(LT%+!B3IJMQH[!MJ#]9UBYIT"
M+5TH-.RU6CB/@D;'.H?5T@5*?;VSK/:!51">!BT5**A:=^4S<KJ_6,Z6:CL%
M8"H<4-5^*D'0+0!I&N,4;.GR*[6S&F[#=J=02V^FC+O+:^QO<<IL$QR?@%!-
MA0EG0W=.5!H=4TABT-U5TXB4A*ONW*%W]E:W9YR;1LN91UYP"KA4Q!#+:\ZX
MO1*$ND$HLHH`V38K8#A%K52PHA5*K`*U"E-K7;!SBE2I$*E0=:BDE,JNA!!3
M`Z;",FU2!Z7.@Z@CI,JC`].[2[7H0*!7$2V8"D1KT8*BT*J*FJR*M&!Z_ZO0
M?G@E"'6#4'ET8"K.+E9^!]2J7@.F@OM:-*`@E*JDB+(:#:BE*S!'M7CL%=5C
M2DFJ'#I02V4NZM&!0*\"6E!+)2[JB88;IU7%E<\5J<+T]FZOXABK^BIJ:6F6
M1R>F<AGCBG4BT*V\;DPG-#I(M,H.,%2D(E.)C4FA\OPJ@>H4V?)HR52N8U2H
MBAIH5[>F3*<]*MZL%)1PE1U'JDA9IG(@XT)'P2M%JEN$RZ$N]51B9`C4:Y9Z
MYRI,/:,>O).DJ^R`834*4T^E2T8UT:W*LXH2DRV/NCQ4^`&T$UQ9INOS*]X`
M*$JX<\\CYMXVM[X'3T1SN^'\Z9'`^$3G(?:NC9Y.GDS6P9P8.'6(9GG49/HL
M<U\%P@F^CZ.G4B?#3DG;!YL=6TJF$Y]AE4)1IH]HCRJ7MT)P=8^">=1F^@#Y
MH'()!#)R5:+]5$)%'W60A/&QV6@.NYTPA-:D_712I3^LPPCF!*MKU,NA1?OI
M0_]]#4C8.`G/UJ"I',NF,;9`:%699A%#%:93)KUB70#/7[C$H.;14*F\QB3=
M*P*`S:LWTDF'="\)>5"MOT&UWD\E``:UG!-I\[G&PV"G8O9!+27I;3X^=1CL
M5&0]J'B;N_TG-0Z"/4B%P(.*2[`Z4A!^&/'T<8EBO4.AS#0G\!D-YFK:5^Q*
MU=IA[-,'&8JU>88"F/S8IV/#J@UJI_;3#P.?"AT'DW5'"S&6*O_>P&'T4R&F
M/JP\M=C)[/YA$J1B5%W+W<N[6^G!PUBF2^ZUJONM;!CSP7C"9FCCN]EZO%NB
MW3T#OUO]AMVYAY9/EO')-1!-_NQ>&U_NWLH-`)-7O]([[.,K[.F/[&Y[Q0]6
M-O[E;U/7,[%W:1`BHZ6/WR0_O%T@;VXYEX&[?*/UEL';ORGKY[WDX2=V(_@;
M5=O]W$P^?[',X.G-6+L:D"_0Q5PBVYH[;VP\"]YNWNQZ;][9R/CS[8*\<.>9
MS:`_!>:A\=GK4Z.3\>9$FSAF_(:_?&3_CK]V;R5'7]KC^-;>V:\=76F98!9[
M<3S:H5>3I_PE<G[YV^1OBN>^1#^K?]N=DJ8-KD9TE/A54S<(W,4E^\X;W[4M
M<^^3^-W;:S"(YL%>P56L)[!9QHS(3C)+^O/E#"TL>_7FT5I@7_F"7Y1[=X$<
M]KU+GPCMFS'C-_;[2\354]<VW\;3B!1&_()K7W%G2M($4M'5"X8<??8,"J:E
M(5E\47GX*?`$$LTUSVA'>$;5M7(,4X;I=:T^7OE!L1QE:MDVT>]^'C9I2-#[
MQXC6VR(:L0M9%*-_3LC5E#Z(YED3@:D!SD-73=U1EF?`F%-3)"^0C=0B450'
MA7[,URK$NS5Z9?7/3W3_[9@M[L>#E-)(A:;?/S']/=*64)REB'M<G^YB65@\
MR@%9HWK\*W%^BQ@\/M0XV[H!QP/'-\3QAQV"0DLMZBE,]JD(>9E.VO7J=%>E
M4K?.F.:*FC6>QB:_(I11O14"6F"K#OP._,X=Z`[;=$CH;G//9MM.2?;M)$CK
MYHB&:D_7UJQG+4=A.[`RJ=G&2%.C8!6AB\!>"$@32)-DTB2(CY,FJ)!.3GWI
MN-+NC4K3&%E<<D,F-W,]QT+B^C`[KQY=-9.W'5V5U:D':?!#'NCU28F4L$?%
MZ_@Z]52`P7&E(_UJ7-).Q$L0.:U]!LJE#<%!B-7AU>2O)3VH,AB?<J%`F-LB
MS./QU0B$N6IA[N42YK1?5`;BMOIOPGME],O_<KT_I?+)JE+.9^A/@;2B-I',
MQ1%%UPVOQI+Y+<#P=#A]?*4"PQ=B^'R..MCV5MCV6]NV'-<2^"@`J+I#MGUP
ME:O2'U1=/-P`;+N<##^Y&@+#%V)X'6Q[]VS[1_(GRY1K*P4T'=-T?8AB"FJZ
M`9AV&1E^<J4!PX-I!]-^'MD?\7<$,;N$>DX%PUX(N#[$['(R_/BJ!PQ?R+##
M7GL'#3O]\C^PY^,56'?IE)TZA-WV8KNVTE4)`L,SZ]Z#L+T@PP_!NG?/NG^V
MC"=KC@0^H0FJ[I!MUZYR=6$#59?8"(C<Y63X`3!\+0P/MKT5MOUKB+W`5>XM
MPP7S+I^VZT%BOJ"VR[<!">9=&(:?`,,78GA(S'?1O&/'\5?V,Y*M.0&H.SK<
M!(*9@MI.!?,N(;^K*FQ%U<+P8-Y;8=[_B?PGRYD'(G=/S%!V\7BUMPXKH!Q+
M3+5I93J1+#=0+=3BZ-[FG0V0OYJ<F0$(H(`"V&'G9X_A^#D!0MPLP9&G'L)I
MX`;(EM&O:K`)7%O[M&FZ;)%I53!76#NNY\Q1"^-(@<#Q%[BQ+EGN4T*!4\%Q
MZF+6Z`N[;P/9]DHQK6?L^=;,PJ94G@ZDR^EP^AAVPXNUW863&U(R/'$1H9=2
ML5SP""Q]]RS]7?"$*:@HP'+U78`,=3VG0V33I]*FJ,=7FF0>!XA@/>=5!G(F
M%F4402FS';!').H>T2/=(%)^=ZP`F\J#M$[6&1E+^6Q!M8MJVFKHDWYKL^.R
MVI=)3]8Z(%``TBF`_D1K[<5ALBJ`<=ZL<E<=S#9EV&ZI<G/DWU"#2H;*XDXY
MXWN)ZAAZ.=M2R>1X@;3E;G@$XE9Q(@V:MW?1T[DA<PF\E>(OL4'\&T-&]T:B
M^%7*J+0G9U`J7:@YD:Y]#0A@+0(XEM/[D4X`QW)VRX.]1+'W$AW7N83]Q*-B
M?YHE8<_@@''02Y]'/@T^;`QD>6NEJ\U/`R_J]A_(:^&[[=72Q9D@KP4;-Y2M
M%"OG.(GEP[4IB?7([4R_4+Z3Z893&V>*E5Y9*,V1+#_D(0D?(W`N9$U;@;X^
MDC.F;YXN%5J(7J_%O0I`PW1*PPP&W2HF;:F&:23%^%.`");KWTSKF?[\\T^+
MJ?7FP7C"9FCCN]FMXX<><@Q\ZWQT/0._6_V&W;F'ED^6\<DU6/74(QWHD4S^
MG>T:?_[Z/_]'47X^-<H[US$?5TN\^RQQ6!V*PCV>_?+JX_W=YV__0$Y/_:;U
MU/ZWQ[MO[[&AQ[]]<`(K6'VCN(_5_F`\>*58YB^O;M]_T_1A[]6O=%'QFACD
M]#T)ZAOX;+3T\9ODA[<+Y,T)CH0-W^SE"]/.?._JN#NO]7/G`?IG9T;U[%"A
MH,^>(P\,+Z[MQ1..[YV<_]I:4]'K`'5R)$#5M$'I[;U2SLUZ`F7LQ9B1GOW^
M$JF0J6N;F1;DVE?<F4*4'5Y,L:?HZD4N?W5/\21++Z9ZCB8T:M:!:VX9'..6
M_J0<JY1@]^C=-7')#XKE*%/+MHD)%GBW:4VT_K$<5*^V_&0I31#-LR8"4S^G
M2*!:J"[Q+"UQ(G05E=0B4317N-9>59[E8Q7BVWK=0)ABZZ<X:62&PCOHQW:0
M^O$@I0Q/H>GW\VS7)-FJVHE;S\F"<D#6:`7_2J*;D@GX,C[ZN4X,<#QP?%,<
M?\#O*QB4%G$(4]L6D-^$%T-^LTKWJ3H34:ER6V_NE-R(K-7>R&A%"@$ML/,$
M_`[\SI_?N^<ZP;;(-M?0R@(E6"WSB:>X7D%36QTU:U7+45AIB$Q*M3'2U*B$
MB]!%8)\#I`FD239I:MZC4=5][A7.I2F2VZS69SE8(/J;[4Z1K2S#J6T9RLQR
M,GW<0R]\6"T(>YWSGO]%B^7;OZB3WMNS!R^PFIU#SV^X.%UE?*M2Y?/B''[,
M-9-TC;E,9PUS3:1_=O<`\8[B`G>UB+LXVKOCO<\ZL0ES5N68I@\XSB@9K1H3
MCQWL$1OO$A,_9X<DQ,U&9.BTMIX*$^CHEJK)UNY2E/-5VEBZ`YP@3]7+TZ!\
MCYR.RM,HYPV3^TY'*6$"KPB\(@FS'C9&OL`[3#7:(+G,!%%V<.]VH9965WUP
MNB1D>+U_I0+#%V+XG->^@E<$7E$11OL<.I9A+8E?%`:6;0669+UC0<\R==&#
M\+-8X*[G;,@-GH48'#\:7_6`XXMP?#_O=:/@6H!K4:AG*OI^2:<EV8V&H%_I
M<`.]=!/ICNI7+6_H!AZ%$!P_'$*NHFC;\YSW%(!'`1Y%(8_"0XZ_=+T`BEKD
MU+'Z^"I74S'0L?%P>>\-`Z="#(;O#Z\T8/A"#)_SIDKP*<"G*,)H?R?$PYZ"
MS=``KT).):M.8/>CF'6Z&H!7(2'#:U!6493AP:L`KZ(.KP(C.WA2#.1!G:9\
M^A6R%`4=L?(7UH(_T0"_@_]<E-_A[`JX$S6X$Y]I:2;R5LJ3&_J6,P>?0CH=
MJX)3431F@WH**1E^`EL?Q39)\V;EP*L`KZ((H]TZS]@/7._2?7&P>>0`B!\N
M*WB]\EK],<WG6^\"IT9T'0\E<T4#1SC/*B._C\"E*<COL.\"+DT=B9+U<5;(
ME,BJ9.'D23'<>E`C*B6_]Z$57T%^AV,GX%34X%3<!4_8JRTIHLF;%(G'J_T2
MA>+MJHM,M6E[H4FVD50MU%7:EZ%D_A3(7SWQB5R=1^25/_GVP6J^?*\Q%Z][
M+S;.N>A+ZXUY.K7Q:)5(UZ,;(%O9N3]'JEQ9/-X9EW#(9Q6K753C]G.H2I;A
M$X4L%1ZWU61U=D$!2*<`^OW!U0@4@%@*H)>W)*%[WK9Q_KV0.5\*MSV>M1K'
M=2XKN/%1/)=5"@N4B\?A'C_)G2A@R6ZP)%PM67NZBD=62C_FDF@:M_5&8U54
MCDZTBL.:\,!U!%)7M!"FE6N+4I0H3,_;F[UQ!P(8GC'\`"[V*EC+`#5<X+A(
M[K@\N,_8(]SA7'K81C0[@1R"8#B]])-/4CQ>5?68+F_U&)B2V)1`,Y9:CDV#
M[R0&PX^N=&#X.H(%\)W`=Q+-=X(K'217WQ/)MO)%T=YP392<_$[O]P*&KX/A
MP5T!=T4T=^63:R!;F=.TCK,@2K"^7DE]2.S(;3AZ$.86Q`WVQ.3D=]@#KH7?
MP4\"/TDT/TG2N[_E.RDBX_F/GF01M*QG.GI7/<D\)Y`_D+\.RY\`GAPT,.#C
MS#6V,*.5?0I2)[]D="OAJ+)TII(,+E>'<U&H4N7-X+)=,@?B+ZOX]X=R]OIJ
MG"I5BK]\K>3!J9;<J1;DQ1..[YU4[+'/S^H\`5X[F.T*S':O)UE5HBADJ<YN
M3U3ISF>``I!6`1!N`P4@E@(8CZ6[+;M_)9[?+KM[+LWXV<YV'I^ZB'/;F`^;
M:R;0Q(F/+J^OK]@9JJFF[F'`7;)S5^-V657W%6'%EMDHT?FS("Y5MP3U`R\T
M@M##9I*<D:N9IE!%UH7>7%:Y-%T>7>C%,C7'!!9K.XLU;\FZ43IOM.Q&P!O7
MIHV>/#++_Q(#:N)IH+A3,F76Q:"^0X$#.!0H]R$IM2]9GE*4;**>][H"\":$
M8'A=ML2\*`P_D"Y[#KZ-E+[-9]<+YFB.X_-[BH=]RR0*RT(V)`BDT[<3:$Q<
ML%M-SC)#\"^$X'=5MMNQQ6%X:,\$_D4#_H7A+A;8,\"]D%+=2G8\2A1MVP/W
M0E)^E^OF8FGYO7GOHNX:`W`PN&W..'Y(7`H%^3X.9&Q#!+HVTK60NBC8>`]\
M"PGY7;L:`[\7XO><!XO`MP#?HK!OX2U=#P7XN'-15;W'$.H]Y-;Q$[C<JZ!M
MA";0,O*[VH<$84&&'\KFU$";$W@Q]#_9ZW^2/F8C52:JEF/IT`*A`B[41Y)9
M7E&H4F7K,NB``N)?C_@/-<EV*D6A2G7BKZKR;8*"3P\O!I\^]ND[Y+F;;CBU
M<:9"U2NSW1SI]4,>6O%Q#,Z%K&G/H$\B`[DV&H6A2X6^04_:RWI`PX"&V3NJ
M..A+=M>I,'012L,($'[4&7NL:Q748UV>^I/,"QB/$G52EJK#`T3]EOXG%X53
M:DAD&A?"I3SQ1P>(_UK]4;E4;AW##DWRJ.4\8S]P/<5]<;"IA(%E6X&%_0OR
MB1GZ@6<A6S'Q,[;=);VZ7$&.J2Q=VPYISQ*"C!-XKJUXY!M.B)6IZYC^51EN
M*M7^#)BI9F;2=IC)P%Z`+(?=N[7TW)D5*,P/6WJ63UG*#Y!IA0O"+;0/3K*W
M93ESQE5^$-(3XXKM(@=XJ#L\I._PD(?GM!G2!5$Z2^0%5.?X"M%/`8':4_!_
M0NL9V91-")]A9#PI_PX)=YF6P?01\I47;-OTO[[[C#U"'B=6;;09`=5L9"1$
MU)B'%3]<+EV/,N)TI:"M!WQZ6=Q%/!7Z\LU<@"\[PY?]';Y<A(YE6$MB#??8
M*3Z02EC(7Q+&=3VJSVS7H+OYE*,<8)M.L<U@AVT"CQ@SQ)23K[SV\-+#/K6)
M$<-LRCR6+L%`<6<*L94+Y)%WQZX9<[KF'C(Q@2DI(S;((\2X$L7W)U..-_<?
MHM)B_\=(O9DN,<)41[)I*,%J:5&&O'E_MWXI95.IN+)K)_?58]7O_1'/NUB3
MT:H0".,)>40`,&'6P#*H%Q@2JXTBT3">Z%G^#3=?*`;RGY29[;XH+[17X@S9
M-GF&\+A%/4DB$,Q7I(J5KF7=3Q'%X0CY.YH3AB=?E,V'!(U;4.,.=S3N#X,K
M79E:MLW\0<(KY`^#]1^(AMW2NI;CAY0+B2^(#:(2@YB1?,J?Y*OOL8$74^PI
MNGJA:#VUSP8D/^C4._27F"AV$AJOA.:TGP(TM?'Z-]-ZIC___--B:KUYH`(8
MVOAN=IM`<>M\=#T#OUN](['\XVJ)'^GCCV2^[XA7\^>O__-_%.5G]FRX()9J
M=3>[QVL<K^<>QLQG)X.LA[Q;$JEDN.Z.Q=('Y)=[//OEU<?[N\_?_H&<GOJ-
M(OWM\>X;@5^/?_M`W:W5-TKVL=H?C`>O%,O\Y=7M^V^:/E1?_4J7%J^,84[?
MD\"^@=!&2Q^_27YX2Z8_)U@&[O*-UML5O_R'KU0V1"X15??>FE\F(K7-?G^)
M)CIU;3-33&X=91$)0:YKL%/G$KC>Q##)C=FD=^[8U<Y<50\8X*,$5_?M;&/S
MKW;T_J#`K1;)0P+,7^T5(&ZO._A4._I`RS]\_$S^J&*?:A7H=6'4:[(MGD/!
M5FJ3'@+B3R'/5/X7+99OZ?^+8YHR%/PY\(FLXL^9?SDE?\X;FE5CZ\A'.Q+X
M#(:I.KQS5I8\5I/T?,(!F1(+5,01FZJ9+FT;SJ(,6`?YK,-7U_688?B+/GGK
M*_<DA'3FXG`Z-P-1*8B?7==<B87B>2I8+Z:"]5I5\`TVL:E\19X$@$IATVY8
M+O@GY=$+_4!\4(<%5.BP1A6ZE9H[!B8'$UCB?)5@B;(8,^)9B6-K)B4A%LVT
MOR:17Q#Z&8V)FK;F%8-<L_47`N=<]KYB_&OV#^["P*<Y#CE<KF$])*C7H[@V
M##=T@F:5^?G.1,7@U^M\1/OQ=/=Q'_Q2O>ZB.62]4GFMGMWL[IC3LT_-HSX/
M[TNUQ4H0%%ID`7]#%,O/?Z'"I80K6VF!Y'%E<Q%HMRP.H:ICL`([CUW`71QN
MC_//E4VE<'[[9*N.1LI:#IY'O/9]5KCU6X@\Y`0KY1XKGP(S5_U5"Y/JA_&Z
M%@>9!O/E!_%YAU"N?F<2[)UQ1"?7:?6,W>!SCBZGK`7'^2OZQ5#/=;&?!%5%
M0-\M^FKB$%=JX4WOJI]!VY33P9.T1]5RFUP:11&H>D,L[X5FKVD=]UT8V*[[
MIX"[!2+Y,J^_X#FBYQ$$Q*N!4C2IZFFAWKA9_N%C_UIJH5)!-[W/!D)N"+F+
MX9.KR9?,QQA$C)BTBYZ:ZX+$UMF]QDEP*0[\=1_C:3JH/-K<O'&3#084HCZ(
M^B#J@Z@/HK[FH[Z[9^SY&/G*5\]Z1D&N&ZBZ9*ZNK_\_XD`CHH6Z1D@<@!HP
M28T''-H8(CZ(^&0RJ;6!WR:#K2C*[:9E8'+GN.4ZXG"?6)8;`LUVH`5AIG`F
M5RI\Y+")+;5:=\&3>"=MA3%1UY>T]2F:NL\"Q=\B6J=K34"@=LX?5'6BK_B9
MFZKN0JTTEE+[`W$(O'NPIZ+>!\4/]TA)8.%*>L61W]U31!51%X)Q'BO-??5K
MO5X-]-EM1(?4=.NE#"<.\I]#+8-,XU9M>-$;C\31![E/))<!7\)#3AWA2I$.
MQX&B/,?I:YXC*_4/CZK(?)<#&6?=HS/0!_FY.GFH$@QRW,R:MVV?X)!$$I>Y
M]\`N+64^M>)M6AJ2G]<=AA3+W[H[*[EA,G"WO^,KKJ.$SA)9IF*[OH^/7Q%T
M[ATJI>]!R;A3Y6-T-2:RXT,7&'_!P5</+ZQPX7]`GH/-:NY2T6JX2^7X15ZJ
MGM_?U\_W?/A=:;2W#M%>.DXW?"WQWG&J:]NQ]?)[KWKLI6N%-CZBS]1^OW16
M[*S\=O*>,CHP1WNU?V'D^<H'AW8@WKZH*H]SD9*U9*'%:'58#$M<[,=='ZRY
M1C_&-<2`ENV&6(;MD]?7Q$P%;X>J7="/]4_4QSL4*^@JY]0(A=::S+0FXE*K
MGYNJYZ,(]!>?_KD.70+]6T?_7+MJ![V"2HS_R8T=(>Q_?7+`P_(?S"Z0*)*$
MR5$8J6`61[X1T>"72@WRF5^.W*7>*]%4L\04D_<*%90!Z8!T0+H3UJO>^+IV
M$]M(]NLL)W$RYID5FW!PY`[:ZO>6AXU<ER`UJ">JD?ZF-MT2$<^W-996#!SG
MW^_EJA\`5F@S*_2`%8`5&"OD.]L+W@AX(R6Z`"ZP*8GB:6;7IGCP4E$Q=Z6Z
M)U].$7BAS;PPE,4Y!6:HGAE4/9]_*H!3T@6/I/F75EV2Q)&'?_-<7\A2B`[E
M:)O68_U>ON`*.*!U'"";7P,<P-NQS=<N&WP9R*X48;,;;'8AMU*J:JI;0=1K
M5<O58PL8HO4,T0.&`(;89HA^/H8`WP3R+*+E6;Y@62I<RI65YSV:WHJ-\GH@
M:UH/ZY/V)0F`A3O%POT!L#"PL-0L/.SE:@Q9OS-\5@^)W'T?HMX1H7\Y1VCY
MYBOR`LNPEBBPG/E70F;#POZU_Q5[E*/1'-_-V,;6NB7%K?/1)9_M=(^X?OAV
M]_%HPXAO\?N^/00H8'TN?L/NW$/+)\M`]O5WR_]&5O7ME@J1PSI>(-M>O;?H
ME3+6S,+F9W9:_95B8L-:(-O_Y96^W82"_!(Z5C2;9>CA5[_VKGJ]X<\_E5UG
M]6CI]:/5ST)+TV5`JSAOW1`A#;S5PY)@,K.,$Q`-LB":2`%1<8;*!]$P"Z+Q
M6`:(,EO:'%CF*+5,588E9G#!P26.Y5QB<5WPI8#2G&2R^T0&H(IKA`)`C7J9
MJG,D`U#%.8K=2L"^XI^`1\V`1QMK,L!3G(_.AT?+A*?%^L@/EMZWF^N#@&2Y
MMNJPQ7KG%"!9WJLJA:M?@D&^_.L@'IFNZE`*/ZP$@QP!)-,QE4-B2G#([:>#
M@*1=6`+(H.T<<@20M,-+`9$BNBO!(1\/`Y+IW`X&,@!2@D,.`S+.=&);SR&/
M_]^#@&2YK;U^VW7($4"R'-6>%!)3Q@WYQT$\,E.PNA16MXP;<AB0S"RKWG9'
M]?/M04`R'56M[2KD"""9CJH<@)3@D*\'0[MQIJ/:YHT)!L@_#P.2Z:AJ+<Z&
M&-$6Q+>O]P<QR?15VXP)3:`]A%-VF\'^VXYGTR99;JP<7FSQ7&-!J+(<W($J
M/5NMRP+NIK8UCRZ3>+?Z@@*RQ#5DO]GN%-E?0_(5(RHHB-'*(;&_/ZR__+MC
M8L]>D05>^SX.;FSD^YMW80=[R-Y,YP1=LA/",I#E&`M+3Y8L=U\;2;_+(SY=
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M299*6MB)KHQ7'21,9I`O_Q%]^0F3W3L!/+/S"7,0VJR(?:P!SW.`-BOV'O>D
M<%D;Y5IVJMMU?B?88?.,$[E]-;O/@Q06M5$FSH]T9HP,NQ/%D>:YS=I7,Z)D
M&4@CIA#P)4U&C"P#::26FAS[KEIFL`P5(T+1*#-REH-&,LO13A>W,W."6F8P
MK4M1$2>S/!6B569\K4GA/\LL5P_N,_:P-7?NL4V>-:\=\R&<KO]Z@FC9AW>E
M2(K(+&#EB):Y'R^'5I19TCZY9*#?*(T<.OPI?9B93^A)026912LGE3)S$7)0
MJ3I9.HA6U@;Z1.VXN3B(5M:.]GC,O6[J"PZB#7?*[[>.X2YV@?AX?_?YVS^0
MTXMQ>+P[CHJ)B13A.;*CCQ@`"5)_(,^B;;:9ATA>&7WEJV?1+MWOL(-G9`WD
MQS0RE\,M:/3M0/GWA_>O?AT,>^S?!IR,9>VNF^T`/3XAYQ$O2/!'WGJ[6"++
MH]__1%##_N9Y__H963:=^<SU?&3C!VR$'G-K*\/JAG`1H:E)#7ST\8?OAAV:
MA-:9,)*Y_''[X11RZCYR6Y!Q0J0$S%])$$ZDY]9A3]VXBZ6'G[#C6\\X(B%]
MXAU])7Y$W\F?(CSBQZZ#P+.F(>L'_^@2(T!)X[FV3;Z20-4:0FJ\"-DDYN59
MY1X;[MRQ_HO-6X?V\2>O]8GH2T9,G3,Q#Z"R"_=OR'+\:(0[Y\-W:D1"RW^B
MX]S-WN.I;"#V]T&,;<(6EB>7G,&0%9O$:K`8[&-QJ4WVP=A:W9[_M',O!N&;
M].T9:Y?BAHH[,H)CZE/;`4@3`J#A/D#Z2-L'J!`.$93T\A$R=N@P5;DSCF1`
MC?:!TG0]`>K(*D]PE&0@C-.J97"26\JXV2*",$EQ@MH_V^NFK/(1D_#$,>^Q
MM9B&GL_B=\GT1C\5>0S5;6G(7.*V2D`VM<I;=HA\.VK[CH/`CKY_YS"U@LWW
MV+.>273W?-0[%1&F5)AQV>\-=]5&421VQ>IWQ]L:B0YTY\@+6\JI5\>CE!-S
M8LEI)V__*P33P`L9P-$M6`'Z+AE0*8=9[0]3RNC<M6_DD_QIQT5<&_RMQZZ#
MC\3[_@/9(28<^]%E*7>R)N*ASR53Z?V4RSP8;`MI:3CJSKB(B''*%1^,,SUQ
M2+S(0<]4Y-`?E:)GU_(O(M(T%>2H:?]>R#R,B&"F@J6J$S`B@I`*EK*51%;Z
MI<Y(D=.&S"`=%J76>S0T%-?QXH50*B)2UVY`!:Y6<SJ%%UZI4*B?2F`*J$QX
MK?[DAD"6XKC'S]@)RSE4AZ>4BA5HFGF?),D4]M)_=&]Z]>3:)O8B$`(:[=_8
MR%H0JTF\$4_"K.`@[=FG8O5S5[Z+UWL\P_2#Z.EKXS^$K2WJ3]RXQ)M;4-_B
MOZS,X,/W)?$4);.-@Y0'G<8M+P)[DK[$'BN*B#^5+,08I-Q1?:SN(Y1:XRX$
MZ[=*R2$I%U(;I[([>RMLB@-X:?R4PZBF/48Q2,YIQ<-T$4_*G!RE<:)/U]EC
M'K0^/-V4`S?64Q0Z.*5]2B5Q_4?/7="M0\L)"5UC`M/R,1;O1]\C43_VB7OC
M(=<C<D4#SP`O_.Q8OYJUI_/2@TDJBU7AJK+@(P/$Z,:H5[/TE">FIQ/-!R:4
M$=8E"%4SUY2+IFIZ]A9=,H_=*28IBJ_8>WA"'GZ'?,O@-55M>Z9[KE/R0A(W
M7FW?_94YH>-S?F_985!NE_W@K(='9JT?GG4\I=UY_Y,$;T^T=O^92,<<?PFI
MLKR;L0?\NS#P`\2VU;G2H+>]FFTOPV>OI4'I>*P3>=^B0:Z)GK7&&(_4")6L
M<IRYRLEX,MJY#2GG5'?7>8--XJJ*7^6Q'N0>6TGA2C+MCZZW5<RR6"*'//F.
MF'77#(W@`<]I6+TSDR/5,/'73WD`:9\GI:TRH,V(ZC.RYIM=TK^3Z(N@L]D-
MW.2_KSV+-DMZ3WYUYD1<+==\++<7>G"QHY2[DRXXJF`MU8)%;,G=K#+$TBFS
M7HH_JEK1>;C1`>^Q04^06,3K95[.M?GO,$IR4C?H^N[FEHC6`[(QT9GK-Z_W
M<ZI!+N6O7>K9Y7^5K*EB["I#+>7J7:;U416KJ1BO:H4TY7->:ME;9U4L:;.!
MD%L/9,C^MFKXIQ4\G=[QJUB,CR08!5AST^!7!GLJ/[F[5=/8:IL&_'I&_,K*
M4$\G/;7F44^6?!KZ,W29:UBQ+HNV[_[IT3.J[HM3HV>0RJQ>#B?GP,Q]>?4A
M6AF6J?#E4NO7B66M*%;J18Q3P=%E?U`GE/G<_GCK_8;NWCG&BO4/LMF[CRB?
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MA0*?)<L'X[5I6E%#PJ_(,F^=&[2T`F2?@'22BDOTWB@E7%W%]!X'Q+O%9K+?
M?0K,5*"B]=+;$ET%\]HPPD7(VOD=LD>G\$V%,^FN2%U%]]'#R`^]U3EZ=)+>
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M3O?U]UM3/Q(DWMF$GX_`TM^!):.-^?9J1J]^_5\[>&M:S_\[#][2'Y>*'ZQL
M_,O?Z/"7R+;FSAL;SX*W"^3-+><R<)=O5/UJL%S_9>H&@;MXTV=_(_*$+Y_8
M:8$WJD;^\#<E&7E&IIP,3G^^G*&%9:_>/%H+["M?\(MR[RZ0P[YWZ5O_Q6_4
MWC)Z[/(E&G%*7/CDM712;WKK-WQQ`ZRH^AMEC9EB.0I#C;[\)SH,[YE$;U92
MX_^TS(-F/P/,7B509B/W^=WMM3)/#BGX"F%>98E65%X4=Z8LB2E@5R>37RX4
MY)@$USA*=#W%I:RNH`6]:]-7W!=Z3L5U+I1%<N$R>81>(W`Y93>P7:3!*KB6
M:.[TJ/,<S;F1.!HUGBQ;;+1`QW4NUTM2_'5AS)6R\8?MU85"L>0[%^7&]997
MRA/R%2MJ]J?<O'^@5"'4)*,0M)6EZ]H^I95!#!I1=1Z%_>7),IX4*R!?Q<^6
M&_KDNT1K$".(Z2!+Y#'R6JS'I(>567)>9<,+RI1>EHU]LLQ'RA3IURA$82D+
M9&(E7$:?>+12D(BBNVGV?T'&"12B2UVR!!IVT\.WBP7VV-LHR/>?WSU<>M%M
M+1&_^)Q1I&^Y?O?`>=0-(_`=^"IB)+18OOW+6%-';V/B)VIMQNYC\#`AK4_M
M&)-9-)][>$ZQC\21TH/^/6&;8H*</+U%SXS9A79`^)&\&G]?NO0!)7`5XOL0
MV5!LZM:02=.YT/X7;&)$H);8(^M8L#5-5]%4J??I;4V<+ZQ["R&OVV!(/DDF
MD48ZGCVSTA1L%)`/;-M]N2JI^R>-:GXJU!EB[T=T8(`PX[#TW&>+RCCUFA-U
M%W$0\;"?78/BLOU\3,`M*\)^+<.`G"5WBYV)IL2.8H8XTG+;GU#M-L<.U71$
M>SHN>6$X_3<V`LK>R#"P'9_=OB",;^!E$/$&`VV!5D1K/V.V=(_2DJPY8/K6
MM'PB&]%SVP/A+&DCFI6PJHEGB`C9&J@7RR?SO<$>W6/<0$\A39I(,1\Q:C[^
M0I140!:9$/26+YJ.<<7(N36-Y$V1]:(X$DHO"*]13IG20#):%P4GUA-1\P:"
MCOOBS#UB4Q@?;8]".2;^RRU]YPN.%`V#F4(WH[T5Z-(C&T(_(SP8R6[T>B;W
M,5_Z%UNC'U"VAAN=>%5>W-`FR\**Z:$7AUI=,O@"_8D)2Q`[&P_)%]?([OIX
M+15LH5-,*(G9J59&[]:JIH@O7HB+]\2\$,H.&%&G)B4E5)7C9V2'S(,@BH;(
M":%/8E,8*:FSD]`U4C^'!EN$;`MDL21"_V(%3\J7^+;&'28AKSC`/B&]0HO*
M'-5A\Y"H3@J;GZ9(.1WV,?2H*KC8UK6,YZ>Q3[9G52-.F1(5SB9/U!EY"553
M4RJ2S.,E3R!E:6-SSO#RXGY5%PHUDAYA/MK-GOQJ8Z)/O,@99%2ZR%8\Y#5;
MSF+,J]3JTR<3Y]W?4O],;B-%S'0F70X3,/;BG?'XHFG'$AZLEO2R-)NB0F/V
MW+1/M-J6\4.*03M:472QQ=:9#+HWD,P2NUX2E:PMK;T@!HH9J0-2$5L#AII+
M=9V_Q(QU$M92_A.2]0:K2+F1WTV,%T1'+]B=Q`[5=UXDR@;AB[GKK>BS?+EC
M2SELQ5#TQ6N5PI]ZDQJI=^WS!^T]-E@R3='5"\ZJC^]P-$_&=\2+C"@B"<FW
MPK:-1WR>-YSE'UX0KX"F*FCH102'?+B@5^M1@?%8ZT_N=%6%)B8Q&'P'[.N<
MU[O"R(MM'(D$HOPOU2P[WNZ.4:'<D6F'B(6:TAK#K*"56)OY^OI/$H4;FT@E
M*GU0?N`L1E=#H3EC:MDVQ9FBR7GI^M6`\]*3R;*L&"46=6<W!Q;\0\$6[T04
MF<(4/R%[1MGS&7DTD[CMZY%'B0O'?J0>HF6001&)PVP+17VFXEXYQ*Z#A>&=
MT>0^2<ZJCL4-U"I9SYBFQRUJ\I)TVSH:H-$JXW`:P[XYXD;]M+5/M?4C>RZ9
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MW1GQ!+U_C&B]+:(1NY!%,?KGA%Q-Z8-HGC41.--3.4)73=U1EF?`F%-3)"^0
MC=0B433MUG58H:=]K4*\6Z-75O_\1/??CMGB?CQ(*8U4:/K]$]/?(VT)Q5F*
MN,?UZ2Z6A<6C')`UJL>_$N>WB,'C0XVSK1MP/'!\0QQ_V"$HM-2BGL)DGXJ0
ME^FD7:].=U4J=>NZ]%Q1L\;3V.17A#*JMT)`"VS5@=^!W[D#W6&;#@G=;>[Y
M;5,B\"DN$9`@K9LC&JH]75NSGCUXRDU@-=L8:6H4K")T$=@+`6D":9),F@3Q
M<=($%=+)J2\=5]J]815&65QR0R8W<SW'2A\.$,:'V7GUZ*J9O.WHJJQ./4B#
M=&7ED?7KDQ(I879`Y/@Z]52`P7&E(_UJ7-).Q$L0.:U]!LJE#<%!B-7AU>2O
M)3VH,AB?<J%`F-LBS./QU0B$N6IA[N42YK1?5`;BMOIOPGME],O_<KT_I?+)
MJE+.9^A/@;2B-I',Q1%%UPVOQI+Y+<#P=#A]?)4^W@@,?P[#YW/4P;:WPK;?
MT@Z:KB7P40!0=8=L^^`J5Z4_J+IXN`'8=CD9?I)Q0!T8_AR&U\&V=\^V?R1_
MLDRYME)`TS%-UX<HIJ"F&X!IEY'A)U<:,#R8=C#MYY']$7]'$+-+J.=4,.R%
M@.M#S"XGPX^O>L#PA0P[[+5WT+#3+_\#>SY>@7673MFI0]AM+[9K*UV5(#`\
ML^X]"-L+,OP0K'OWK/MGRWBRYDC@$YJ@Z@[9=NTJ5Q<V4'6)C8#(74Z&'P##
MU\+P8-M;8=N_AM@+7.7>,EPP[_)INQXDY@MJNWP;D&#>A6'X"3!\(8:'Q'P7
MS3MV'']E/R/9FA.`NJ/#32"8*:CM5##O$O*[JL)65"T,#^:]%>;]G\A_LIQY
M('+WQ`QE%X]7>^NP`LJQQ%2;5J83R7(#U4(MCNYMWMD`^:O)F4E?SPH"V+P`
M=MCYV6,X?DZ`$#=+<.2IAW`:N`&R9?2K&FP"U]8^;9HN6V1:%<P5UH[K.7/4
MPCA2('#\!6ZL2Y;[E%#@5'"<NI@U^L+NVT"VO5),ZQE[OC6SL"F5IP/I<CJ<
M/H;=\&)M=^'DAI0,3UQ$Z*54+!<\`DO?/4M_%SQA"BH*L%Q]%R!#7<_I$-GT
MJ;0IZO&5)IG'`2)8SWF5@9R)11E%4,IL!^P1B;I']$@WB)3?'2O`IO(@K9-U
M1L92/EM0[:*:MAKZI-_:[+BL]F72D[4."!2`=`J@/]%:>W&8K`I@G#>KW%4'
MLTT9MENJW!SY-]2@DJ&RN%/.^%ZB.H9>SK94,CE>(&VY&QZ!N%6<2(/F[5WT
M=&[(7`)OI?A+;!#_QI#1O9$H?I4R*NW)&91*%VI.I&M?`P)8BP".Y?1^I!/`
ML9S=\F`O4>R]1,=U+F$_\:C8GV9)V#,X8!STTN>13X,/&P-9WEKI:O/3P(NZ
M_0?R6OAN>[5T<2;(:\'&#64KQ<HY3F+Y<&U*8CUR.],OE.]DNN'4QIEBI5<6
M2G,DRP]Y2,+'")P+6=-6H*^/Y(SIFZ=+A1:BUVMQKP+0,)W2,(-!MXI)6ZIA
M&DDQ_A0@@N7Z-]-Z3G[>^G&93'3?B5H@;T[>2`CV9K)<_QI1A/W%MAQ\N=[`
MY8%U_`[Z^C>;9-[C$U8LQP\]Y!CT)V7F>N2'Z4H)5DNLN#-EZCKFA8*_&W9H
M6LY<"<A7?630NB]?F8>(_!I@;-)'/K^[O59N7&]YI;B.,L5/R)[1(9Z19[FA
M3X9_QGZP((I2(1-$<\Q^]+'W;!EDZF@VLVP+T1R@X2Z(LVUA_T*Q?&7I89]J
M5Y-.,"`SGKFV[;ZPV5`JO$ESR_($9=AS"8H;?K#1TL=ODA^VR;27`$U')[VK
MX_&)UL^=V.B?G>K5LV.?@D%(CL0VO+BV%T\XOG=R_FMKS:VO(^[)D8A;TP:E
M]RM+>6OK"911RF-&>O;[2Z1"IJYM9IK$:Y]JT??8P(LI]A1=O<CE@.\IGF3I
MQ53/T0Q-S3IPS2V#8]S2GY1CE1+L'KV[)B[Y@5K'J67;U#*+NWVV)EK_6%*M
M5UO"M90FB.99$X&UGMHO$GD7*K0\2TN<B,5%);5(%,T5?[97E6?Y6(7XMEXW
M$*;8^BE.&IFA\`[ZL2VQ?CQ(*<-3:/K]//M/2?JM=N+6<U2B')`U6L&_DNBF
MY(Y"&1_]7"<&.!XXOBF./^#W%0Q*BSB$J7T8R&_"BR&_6:7[5)V)J%2YW2;;
M225W5FNU-S):D4)`"^P\`;\#O_/G]^ZY3K`MLLTU[US'9,4,$FR)Y`@Q:]_J
MJ%FK6H[RD9:BR*14&R--C4JX"%T$]CE`FD":9).FYCT:5=WG7N%<FB*YS6I]
MEH,5K[_9[A39RC*<VI:AS"PGT\<]],*'U8*PUSGO^5^T6+[]BSKIO3U[\`*K
MV3G%G5&9*=.)(W%.<^::2;IH7J;#D[DFTC^['8)X9XN!NUK$71SMW?%F;IW8
MA#FK<DS3!QQGE(Q6C8G'#O:(C7>)B9^SGKGB9B,R=%I;C[D)=!9-U63KWRG*
M@3%M+-V)5)"GZN5I4+[I3T?E:93SRLQ]IZ.4,(%7!%Z1A%D/&R-?X!VF&FV0
M7&:"*#NX2+Q0CZZK/CA=$C*\WK]2@>$+,7S.>VS!*P*OJ`BC?0X=R["6Q"\*
M`\NV`DNR9KB@9YFZZ$'X62QPUW-V&`?/0@R.'XVO>L#Q13B^G_?^5'`MP+4H
MU`06?;^DTY+LBD;0KW2X@5ZZ*W9']:N6-W0#CT((CA\.(5=1M(][SHL7P*,`
MCZ*01T&[@2Y=+X"B%CEUK#Z^RM54#'1L/%S>B]#`J1"#X?O#*PT8OA##Y[QZ
M$WP*\"F*,-K?"?&PIV`S-,"KD%/)JA/8_2AFG:X&X%5(R/`:E%4497CP*L"K
MJ,.KP,@.GA0#>5"G*9]^A2Q%04>L_`V\X$\TP._@/Q?E=SB[`NY$#>[$9UJ:
MB;R5\N2&ON7,P:>03L>JX%04C=F@GD)*AI_`UD>Q3=*\63GP*L"K*,)HM^R&
M5->[=%\<;!XY`.*'RPI>K[Q6?TSS^=:[P*D17<=#R5S1P!'.L\K([R-P:0KR
M.^R[@$M31Z)D?9P5,B6R*EDX>5(,MQ[4B$K)[WUHQ5>0W^'8"3@5-3@5=\$3
M]FI+BFCR)D7B\6J_1*%XN^HB4VW:7FB2;215"W65]F4HF3\%\E=/?")7YQ%Y
MY4^^?;":+]]KS,7KWHN-<R[ZTGICGDYM/%HETO7H!LA6=N[/D2I7%H]WQB4<
M\EG%:A?5N/T<JI)E^$0A2X7';359G5U0`-(I@'Y_<#4"!2"6`NCE+4GHGK=M
MG'\O9,Z7PFV/9ZW&<9W+"FY\%,]EE<("Y>)QN,=/<B<*6+(;+`E72]:>KN*1
ME=*/N22:QFV]T5@5E:,3K>*P)CQP'8'4%2V$:>7:HA0E"M/S]F9OW($`AF<,
M/X"+O0K6,D`-%S@NDCLN#^XS]@AW.)<>MA'-3B"'(!A.+_WDDQ2/5U4]ILM;
M/0:F)#8ET(REEF/3X#N)P?"C*QT8OHY@`7PG\)U$\YW@2@?)U?=$LJU\4;0W
M7!,E)[_3^[V`X>M@>'!7P%T1S5WYY!K(5N8TK>,LB!*LKU=2'Q([<AN.'H2Y
M!7&#/3$Y^1WV@&OA=_"3P$\2S4^2].YO^4Z*R'C^HR=9!"WKF8[>54\RSPGD
M#^2OP_(G@"<'#0SX.'.-+<QH99^"U,DO&=U*.*HLG:DD@\O5X5P4JE1Y,[AL
ME\R!^,LJ_OVAG+V^&J=*E>(O7RMY<*HE=ZH%>?&$XWLG%7OL\[,Z3X#7#F:[
M`K/=ZTE6E2@*6:JSVQ-5NO,9H`"D50"$VT`!B*4`QF/I;LON7XGGM\ONGDLS
M?K:SG<>G+N+<-N;#YIH)-''BH\OKZRMVAFJJJ7L8<)?LW-6X75;5?458L64V
M2G3^+(A+U2U!_<`+C2#TL)DD9^1JIBE4D76A-Y=5+DV71Q=ZL4S-,8'%VLYB
MS5NR;I3.&RV[$?#&M6FC)X_,\K_$@)IX&BCNE$R9=3&H[U#@``X%RGU(2NU+
MEJ<4)9NHY[VN`+P)(1A>ERTQ+PK##Z3+GH-O(Z5O\]GU@CF:X_C\GN)AWS*)
MPK*0#0D"Z?3M!!H3%^Q6D[/,$/P+(?A=E>UV;'$8'MHS@7_1@']AN(L%]@QP
M+Z14MY(=CQ)%V_;`O9"4W^6ZN5A:?F_>NZB[Q@`<#&Z;,XX?$I="0;Z/`QG;
M$(&NC70MI"X*-MX#WT)"?M>NQL#OA?@]Y\$B\"W`MRCL6WA+UT,!/NY<5%7O
M,81Z#[EU_`0N]RIH&Z$)M(S\KO8A05B0X8>R.370Y@1>#/U/]OJ?I(_92)6)
MJN58.K1`J(`+]9%DEE<4JE39N@PZH(#XUR/^0TVRG4I1J%*=^*NJ?)N@X-/#
MB\&GCWWZ#GGNIAM.;9RI4/7*;#='>OV0AU9\'(-S(6O:,^B3R$"NC49AZ%*A
M;]"3]K(>T#"@8?:.*@[ZDMUU*@Q=A-(P`H0?=<8>ZUH%]5B7I_XD\P+&HT2=
ME*7J\`!1OZ7_R47AE!H2F<:%<"E/_-$!XK]6?U0NE5O'L$.3/&HYS]@/7$]Q
M7QQL*F%@V59@8?^"?&*&?N!9R%9,_(QM=TFO+E>08RI+U[9#VK.$(.,$GFLK
M'OF&$V)EZCJF?U6&FTJU/P-FJIF9M!UF,K`7(,MA]VXM/7=F!0KSPY:>Y5.6
M\@-D6N&"<`OM@Y/L;5G.G'&5'X3TQ+ABN\@!'NH.#^D[/.3A.6V&=$&4SA)Y
M`=4YOD+T4T"@]A3\G]!Z1C9E$\)G&!E/RK]#PEVF93!]A'SE!=LV_:_O/F./
MD,>)51MM1D`U&QD)$37F8<4/ETO7HXPX72EHZP&?7A9W$4^%OGPS%^#+SO!E
M?X<O%Z%C&=:26,,]=HH/I!(6\I>$<5V/ZC/;->AN/N4H!]BF4VPSV&&;P"/&
M##'EY"NO/;STL$]M8L0PFS*/I4LP4-R90FSE`GGDW;%KQIRNN8=,3&!*RH@-
M\@@QKD3Q_<F4X\W]AZBTV/\Q4F^F2XPPU9%L&DJP6EJ4(6_>WZU?2ME4*J[L
MVLE]]5CU>W_$\R[69+0J!,)X0AX1`$R8-;`,Z@6&Q&JC2#2,)WJ6?\/-%XJ!
M_"=E9KLOR@OME3A#MDV>(3QN44^2"`3S%:EBI6M9]U-$<3A"_H[FA.')%V7S
M(4'C%M2XPQV-^\/@2E>FEFTS?Y#P"OG#8/T'HF&WM*[E^"'E0N(+8H.HQ"!F
M))_R)_GJ>VS@Q11[BJY>*%I/[;,!R0\Z]0[])2:*G83&*Z$Y[:<`36V\_LVT
MGI.?MWY<)G/<GQ@Q1G/ROL!=,@Z-?XW2E6]HVM"V''R9K:(+)B+C=]#7LS?$
MFZE/>(M>[I((>D2J)_2,HSB3431PUW'H/"2JAWR`&3$)C"1VH`2+TA9$*;$T
M!^,;^B2-,8C])30WJ7%DL)%OO#Q95&&1@`$9!J$0BUQ=>E!X>T@R-<)7+%RY
M4CZ_N[U.L41!-.)3/'/L4$U'_(*M5=$)!^1Q\M<E6C%7(7(AG,A5I=RZUIM)
MU$T`(L_Y>&OVOA(2WY4-YQI$$#S,,)Z1J"A6SC2_$R@O5O"4,#X=!Y%?^*YS
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M&=GA&HA=E18Y0WQ?N>U:<69UOL-1MX_S!"G5N4\RO7=><I(>M:`&=3^)-8[X
MTJ`)+MN*!&V*[,AU?L(X\/?<(=M"T_56TCKM01F:>+F^3\309UL"A*\X6TNM
MGRYA%HF?%IP5[E:@P]E&7FG5>!V\Y?U$)+8^Z"Y^C'.[2?FAN8<Q^VG+IA`B
M?W[\0GU,/XQ2B%0J;XA]0\YJQ_'B;6V3S"-OSWD>+=:+8[MH4<R)ITT3KMB2
MZ:=;V<SM4.W9<D,_CM2NE-M9].BM8US%>T8^W>:9^I9I(8\:ZA<27U`SS+P&
M^LK9S#(L-H?T!1PEUT9C$I?&)W'0XE,?X&)[=2]N:)M1;,+<A[4?$$4J%O,(
MDI!W230OF2IUXL`>\QPQ<NOR!)@1]0Q&O:.!9M6A8=9YG?(ZFK.%BD/X'2P2
MWSR._@[&?4*S(N\HDN]PW&-2+7T'ATCK91'N1:3A=]*!S#TB5F2Q8R%M[,R#
M)^+%^E:<L8O%^HEXLL3V/RDFD6DC8$YPZ/G4WKC/EK^.VXA=\=PH1:6P&K@D
M?*.1)M^E;6TB;JQ<-%O+3ZL?M,X&1HJ(.`>;N`X1BT>\\V!7&DFL'ADC)I!4
M'[(ET2%]C/\D[[`64XH"&W;FN8MX'V<]&H6$?-NVR&3,Z`^K[>B5?$:1?*;S
MB<WA$EGF1E=NYG/,B2N1OXXWWNIP[]BO+]&(4]<VX\]9X:\5D.D9!SS`>YSX
M01^^+UWZ4TF'ME_;FH\NB'DPV&&.VK;3JK!TO<FR*FRY++6^#(F_Z<=YE95C
M6@9BL2/=(HR3VH:'B>22OU$GR4!+9%"S049[(?:#^(MDEM.0?`&38).8&ANS
M-%"44V%I;/H<'<#&FV'CK-6<<#"F`!%I^^<3=EB>.Z*+1P7.=%\<MB7/O%77
MP=39Y!PENAY.DE)>M'@TQX[!XFF;+HJLF7)2,F<RK3F)@!P*`5,/D5QM/[M2
M%BY95Z2]6*[_F6TI1*F?]=NV"):,Q92,&1)"1>FGA'B;30D/TQT7?U=S4!+1
MIJKLKVMJ4'*;T<<QIHF_F^S;&);'.7X)%WY`5[3>\&&@;&:P8QEBS-94)BX>
MW8^F0:8UL^C<GTC(^43$&GSQ:GSQT&?LN,V*+\0J6XL%-2969$V"0QN":TY+
M^#QAURAS&SORU.(17Y>%UY83)6>)+[_UCCC,G(6<_3+"<'*G*9A.B+V.3=5O
MZ*`P>'(]=KGEEFPSKX0X8O0[4^3\2=17$-`/"(5CY474)_9I%&_Y3TK@A;3*
M(]IK98]'7L-62G&C0Y@3DE(DVXRS3I^`K%8BJP%K7!1'S>@9638U\MLA,&=8
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MT>6S;!'G:6>U612):<'R5*+4X^(MU[;=EW6)L1(7Q]#M`^(#+J(=!31U>><=
M#A8+'!#7KA.?M]M!@S8:@/U^]7"E+$,26QE)>]\*7!)6]^TP9LIH0B82U-'A
M[_V.QU44INYE"@OL,T42&T]B<S;#1DL?OTE^V/:\M-Z.7U7@5A>5#9'K[(^Z
M]];\R$7GP=COV]M86>=O;ITDBY&NH,ESX<'I9>5HVSK)C=FD=^[8U<Y<50^<
M[#M*<'7_`%]C\Z]V]/X@U?3IC%8Z@S(7<?"E;J\`<7O=P:?:T0=:_N'C9TZ=
MLDLK]GVJ5:#7A5&O2;^]'`JV4IOT0&-5Y!&?BOJY]/_%,4T9"OX<^$16\>?,
MOYR2/^<-S:JQ]9%J[<B)ZL$PU>#WG)4EC]4D/9\V.VSBB$W53)>V#6=1!JR#
M?-;AJ^O&%3_ZY*VOW+-Z'W$XG9N!J!3$SZYKKL1"\3P5K!=3P7JM*OB&Y=B_
MHG0AG'B`2F'3;EBIR$_*(ZT3$1_480$5.JQ1A6Z5]1X#DX,)+'%QBV")LOOU
M-IDXMF92$F+13/MK$OD%H9]QXW'3UKQBD&NV_D+@G,O>5XQ_S?[!W68_7@(2
M#.LA0;T>Q75<H2P^_L,:E'R]SD?4Z(^V-=L'?^MB^Z)SR'JE\EK-T'5;+SO3
MZ=FGYE&?YXR;)21.$!1:9`%_0Q3+SW^APJ6$*UMI@>1Q97,1:+<L#J&J8[`"
M.X]=P%T<;H_SSY5-I7!^^^0=H(V4M1R\Z.C:CVI=?XO.H*^4>ZQ\"LQ<C5U;
MF%0_C%>ZOVGC=K:!B/D@/N\0RG61N@1[9QS1R74-7L9N\#EWHJ6L!<?Y*_K%
M,.,H8--^0+FJ(J#O%GW3K>]`>(L0-[VK?@9M4TX'3](>5<MM<FD41:#J#;&\
M%YJ]IG7<=V%@N^Z?`NX6B.3+O/Y"3X;1KJ[BX=5`*9I4];10;]PL__"Q?RVU
M4*F@F[6T$T>YB&6T(.0^@4^NV\-E/L8@8L2D7?34B3@$:,#N-4Z"2W'@K_L8
M3]-!9;H+LT@F&PPH1'T0]4'4!U$?1'W-1WUWS]CS,?*5K^RVH*/UXUTV5]?7
M_Q]QH!'10ETC)`Y`#9BDQ@,.;0P1'T1\,IG4VL!OD\%6%&7K8K*;^"ZPK.MC
MP7)#H-DBM"#,%,[D2H6/'#:QI5;KCO:K%^VDK3`FZOJ27KJ!INZS0/&WB-;I
M6A,0J)WS!U6=Z"M^YJ;(C!J/I=3^0!P"[Q[LJ:CW0?'#/5(26+B27G'D=_<4
M4474A6"<QTH?Z75+XG`R]-D50H><<?`O2[A--R21=Z9TZ[*>.,A_#K4,,HU;
MM>%%;YR^Q4@0QZ5B\"4\Y-01KA3I<!PHRG.<ON8YLE+_\*B*/.X?[CN'1M)R
M1^T?;3LUR,_5R4.58/!M]U]A0#+:]@D.221QF7L/ZH_*I<)\ZIU;<+Q-AR%Z
M^75T^:;%[KFF]]F;6[?91U>:N_3^6W:?O>WZ/LZZ6B03WI_8WL?Z-\Z7VT>7
MOPMTO?U7#R^L<*$\A`MZFVD:I-)WV]=YKQV]S(E>$^8Z[+XD=Q;?74,OCYY'
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M(#8C)&S>X)?*_/*97X[4M-XKT3.UQ!23]PH5E`'I@'1`NA/6J][XNG83VTCV
MZRPG<3+FF16;<'#D#MKJ]Y:'C5QW7#6H)ZJ1_J;V5!,1S[?SF58,'.??[^4J
M#P%6:#,K](`5@!48*^0[N@W>"'@C)9H\+K`IB>)I9M>F>/!24:U^I;HG7TX1
M>*'-O#"4Q3D%9JB>&50]GW\J@%/2!8^D^9=679+$D8=_\UQ?R%*(#N5HF]9C
M_5Z^X`HXH'4<()M?`QS`V['-UPT=?!G(KA1ALQM:U2^7JJF]:JI;0=1K5<O5
M0@T8HO4,T0.&`(;89HA^/H8`WP3R+*+E6;Y@62I<RI65Y^T\T(J-\GH@:UH/
MZY/V)0F`A3O%POT!L#"PL-0L/.SEZOM9OS/,K44(;8VQVRR#8E)7LXR/KL<:
M2Z3`+OB6:-051IZ"G70*K-2H&2FU4N-Q7O314_LB333S`'&I$7FO-V"M?WQD
M/Z,Y5E@#'[YOF!&VS^H*LR2ZU+#(\T1G$$IN-Q\RR#@>,@*?\U1>4'ICNAQZ
M:;-2:KRT(BXWO;@S0;H7DT@R4IU>]*EB!%7&396ES\*7FR#MRL1]DNGBRG+Z
M-FES1E45^1%;S]BDW<X,&UD+7RFEWICRQ;Q!X*R4.!LPSHN-51SCI2XNG/*G
MO\0&O:C67ETI-Y@U53/<Q8+O^RS?ITUN:'>VQ38[7RA33(0`*R:>8<]#ML]H
M09N^N3/RQ2"D9^5I][5D7O%(%\H+)H]Q)AIG\:^*:(*OND*IXFU$DJG.8C<B
M,OR<PR'6*ZR[AI]W#".\:W(AC6^RI?O369Q4A\J??UI,K3>WB>Z^=8CS;>!'
M_#UX9[O&G[_^S_]1E)]#_W*.T/+-#='5KO,0D`\>GA!YU:WOAU25DU>0)^[Q
M[)=7UP_?[CY^([RLJ]_(`M5O'YS`"E;?:'YIK/8'X\&W>+AO#P$*,+U!\<-_
M0O*5FW7?T.OOEK_^UM9+/S/Y>$4,BV$MB%WYY=7MEX^O%,LD/[S_I@UZXU?$
MN[*BB?ALAJ]^U4;]\62H#K6??SJQCMW%LH^?7)LX:WXTP=ND0^E7UZ.7/5X'
M@6=-0Y:,>G2_N`[SXURB?9SY+<UZ8C]H$)O+X38TDRUH?G]X3W$91%F_#2Y\
MEBP?C->F:=&9(/LKLLQ;YP8M:<_>$Y"JO7U(]=Y(`TRC;]WC`%G$S_N`/(>\
MU#\%IKH/YK@'_)GPIV&$BY"UV69W^-&O>?@).S[1\V2Z[@*?@E?;A_=2'0T!
MW^A;CQY&Q`"NSE&DJIY"4M/J@;(1\WL"FUT#K/8S#/#E6!T-M,EPV$(#_)5,
MW@E.L<Q@GV744:_7=>$C?N>WKQY+$6"33?1N]A!.?<NTD+>Z=LSLR9S">ICR
M<_0ZD-Y=27WBN?O>D_(YRI!/55<'&W`.+T0`UCI,]G%:Q.HA?/4X:'EP2+GY
MNCKIUX9#Q"CO0X^.A#W+-?]`=H@9%[U#/C8I%Q.W!=%W[*SYX_W=YV__0$XO
M7O+C73$`M)13/LI<?:Z9[J[TL^6X'L,LPH',D]I(_-%S%_?8Q(MEP/*BE2PO
MY2:G`HXSI[>[IB\XB/S(3ZY?:N;51@E:RHU5-3W%WCN+V5WG(?>9?I,\=C=[
M1-\S12`R]#4B4][GUU*>JJ:GN*4D(,6X2-_!2J^=B_HI8`8I=^P($S6US+.<
M32WE;.9;7'42PAL.#A*2<A8OU7ZU(B(/O.=QVZAV!`^8[\A3S>UI\$8M1[9:
MR\I6]WLC?:*>=%:.K;9"OZQ6M'89+>78JKS].J&1*I:BUM,IZDE-L`DBC[G2
M5[J:E;[2M8DV['=&)O,D0_5T6EG/3H6V52[/LI)ZRA//#LFE`>GP2E.N-?>5
M$L0#R["6Y".:KHB*ZJY],@H]:H+F^&[&.D[M[VD?2['TS^&#W[`[]]#RR3*0
MO<Y@?G&=W\EZ:;J,?"TC\M"WT=GVS9>AAU_]VKOJ329;V;>"BZL>HK-$A0-$
MPPR(5%7E#=&.EHLT][5!!-W;2]B*9)VRDK<$,'VTE;X]LBY1><1P0R?P5M]^
M?SC(%.,,IAB/N<O-#GA,(278W;ATYR%X<@7BCEW%F_*/4WG/<U8G-!YGV=K^
MZ01P?B#$L3FGA:6O9@C+I%>M!JV`.0Y3..5T2DCAWY)S`7=3VYHS-\=_M_J"
M`D*PM>7\S7:GR'X(O-"@?S<_LF,%<59K/=3O]#R!O2+SOO9]'-S8R-^/LFV:
M)?.0;?V7.%UX&FR]]+@Y[NM9'HO>E\%C$07^>^Q;)EF%1<)UUPOF9#7OD/$G
M\8>P01S@P#KE$_7[6430="!"'AE8+,@ZBM,@TW7O24&#8Y97%CV4%1;T!B.`
MOTX]-,K40QH0H48]E!4*2:*'JK4%!Q&;9"$V'O!&[-K\=^@'U&GW']T#Z?I'
M]/W#;(:-@!9CU)B6&Z2"HE1:CM/T99?D0UPTR(JJ5)6[W%7/1<6+CP:G`R^N
M7$1/)EW/YQXFE,37"QKYWLT8?-@D:-^%@1\@AU:ML9Z_C^Y]=`@5>WY1-<0&
MNB'CDU5:_I]KGKE[)H.2F/*K9SV3R=PZSSA:YHWK+5V/37K/%,2C,';X[+KF
M:M<0Q']"*/[&X8<?Z"*19WYU76]WC-U/KK_:H;\]VF%"IBN#QNM]P1*H[[+R
M_>9(\'UT8IYNZN<ES>%%I+8:4MQX8`:[TXSN!OT:W^3]`46'DP^*3W]'?')-
M.%69T^^EIIPUFU+S+6$T4M4QL=&H=+XEU%.J%J4_3NUVGYYO?#M;'0R1*EI.
M5<YD3J;<?$LP1"K'/$P;`/X3+LX1PY3;H^HI#CXR8ZH*F<V./XP^^Y@T]UA[
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MO_MX%MJ?K-FQ99V4]ZU3AP?>\V[UN%KBG2#U$YTF/6QVNUAZ)`9CR8&]</>>
MDG;GJ7^R]JO8O*9!VWR=G-D`J;WZ]:LZ^%?O<^_]-ON?7+_X@'T,/<(A-&/E
M$#O_G?[$`2^=X#5L(UPT;Q0&V%M_ISQ6?8)5ORQ6V5)\'=P@SZ,;!*PL@=?Y
MUU'*D1GJJ>.O9\V(\R+RV.)1VL'1!F,15I%+Q:=\G\DD[52>OP@36V^BM_\3
MV_;_==P7YX&H5)?8=U9%ZY7SX#;S'K_Z]5_8__FGDR_<G]?7<&I;QD?;15GG
MF/\1.GKO#`>RMSV7]&D/$B6I))(8CK<GN/7F78K_'=OFH_N9)O[)US:;:W33
M.?XK^>V?5O!D.7<._A=&'G&6$O2CK&?AXBWC"9NAC>]F'Y'E,4K>S1[PD@1J
M`;XV6`67_V[U&?W;]6[(G^:NMZ(9UB2EO&L,K._8W,QX3[?]@3R+IC23L[YL
M4N1K[U9LY]&:609S@XC_Q*:[,W3FPZNO'J&'MWJ''4R>IJT83B23Q\?<-QYT
M*$+9ZQE9$QGP\<ESP_G31^N9C>T#D0L2.>6WYB;RV20I3&\Z9#SZ(W:`WF7H
MG4J_%:/W.20IJKG=,'@@@]@X^?)[@CL0O"#!4SG(0EK\/)H4H?@72L.H`<GC
M"[:?\6="UR=_31R@\WET3J5G<]/Y%"6*4#<>CRJ(QQ=WRT0`?7/2-Q4(YJ;O
M:5J4I/"#]7UC$X#`.0F<"I++$#B;%%PM,A`X)X%3^0-^EO@`A:^?D673J7]T
MO0=DX\VX<4K=#?W?'0]'A=NT:\=7UV>E79^P[S\^(4<RDWP8_-1VT+B?VF2I
M"*ZMHK?2+U"U:/!U(1?]$CT*NFZ9<^ML`"M<+M<DI=(-K;>WS&N'D)=$;;/&
MG??)=>8DBI)8HB;I&AQ-2Q?A5(,7#Y%*^"`9O+TB-4DE>=2-\FL$1%Y");4`
MI5(Q6F_(T29Q%986"T<J0:+V1WR$HY`PL)YJS)?`"UJ![JUN%TL""BM*9]7C
MT6BT\'GNT%?>.DE_Q*0PW__B?O7PLT5FMGFXDKJ'R;&T0V5+V>+HY&N$.)LA
M-]_<&9NX[*X7E5O0[V\(2>88_)/X]O?88D]BDWK:7UPG&G+=MN#6N0D]VJL@
M&J0:1+,"_<:7RH]'[XF@&VP=FTD]N'9%8*9+W5/MY:I83!5PW;`ZJ5N']I`(
MJRE$GAP+4:M81:,X%2\NG*2BR3;C5$+\TMO]:D7R5Q5>:ZV[.?2V_4@58CCL
MI4,KGJ"=6)((V!46S6'OV(9VRU$K+*C#7BH6295G28'=ECY`_M-'VWVI"*]C
MNZJ<%[!WZ@Y/@_>6;]@N/9JYOL^/3ZW8L-=_]2N]13"^1)#^N$PN+:3#7Y(@
M9^Z\L?$L>+M`WMQR+@-W^4;5KP;+]5^F;A"XBS=]]C?;<O#E$RO,?*-JZPL-
M2]R(R'Y]B4:<$E\K>2V=U)O-E8E?W``K:N^-0A'C=1MCZMV'[N'<7,AX#G[]
M#/AZ]8`7?4['>4//<%O&`3AI>N?R$7N+;#S+KW=2R7JS%_/XA!4:Z2!G];]H
ML7S[E[&FCM[ZBDT7&=!%FF215*9\RP]\>KVQ0]@INN^8?$0$F19O<[XVU$KN
M:E&087CTAB$KWG'B?1L[O<S<IKKES1DWB>[I`];!/7GWU/5,[%T:M`'0TL=O
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M?HSS1U=:/B`Y<7W\7N""BK@@?8%\$0M0B:+?AZ)!75\?OY?6\LRUS2+V\*K?
MZ_U5><".Y7K*%^;!FR%6M)ZFI9C`#Y<53$%YK?Z8YK>M=PEB6W9>/+IJ0O&-
MKLKJ@8-4^"&721^44/P>E>2B)!KL:WZ.$&C#81'K5X]-`^X#[CO#SM4;=8E@
MC(4WL:.K'C6Q[S<YL=C`#D2-HC)T334:Y`PAET%T!W+9#:`E/UJ"%I9&"Y/!
ML[3P"+1P.R17[?5`#7>5F*"')='#PZNA-LC2PV/0PRT1W;X*>KBKQ`0]+(D>
M'ER-#B3^]?0>8%6)?TW6Q#_HC&.93-#_7:4EJ'])U/_UJ?))<75O,Y56!>2[
MQ$2%U0>YHK3&53NPBC2L`I:C`W76`A8Q=*[.8#!)%W9)H,.!041E$-#<DOC\
M:O^ORD/H+>W0WTWXI,M]JTKXZ"U(^)2JY6YIFF#2EW;O%<A9GIQ@`B0Q`=U,
M^]0MXFV,YK519U(_P"X<?,V1=!9$0//1D)5X=`-DRV<:"A[A--UP:N-,6=,K
M4PORG)TI`YFXZNEBK,H5L0"/`X_GY?%13[Y,7KU&V#BG4X`ZYFG>DM'*T'QP
M@.3?]O[EH?X!-;,K!ANAT05*MU<]Q[282F4ISH+GG*8--=.*'TFXJHUC^FM2
M>Q9JK<%&1S28-N[S9,KU<&5TV.B`#GNM_JA<*C?(9@WE%==17$]!]$)%Y3J<
MAWZ@J(,+1>OUA@HB/_=Z5^3_.)BY-EFSUO""ML,+R%D%9`Q*]^`)*W,/(\H6
M[BQF`\HI](.EAWW:S?^977M!/J9_]/`"6;2!J.+'-RF88G(-Z)#2?*.L_RW1
M*KIU@W#!TK,<PUHBF_6H3%+@H#O:R0.O]8-VY!_("9&WB@V).F;\@)\Q^=/,
MF@5/Y'?'(K_Z]$NT4S&.GA/,WOS$^HRN?\ON17I.KUG:5[:.SKK9G69O'07%
M/:^5P%4X=W*-S(&!6=/8"#"NXU\HB.^`3%7Q'?)H;\]2(W.>:&8#PI+D^8*B
M;NJ*^^)@4TEGDDJ-K^KI?A'E$(U;;&Y;J^@R[]B/H0>W^+Z2\W`'#I61R1/]
MB3RL8-LBJH[>\42U,F(]I&EFCOUEBGS+3^M7SEPJ:N_Q4KVX8[>7;>\G?O"V
MXE.L=-_6<KCZX?3?V`BHVC:P%Q#_6J$NE6<9`;&?A+#/V$'$^[I0'-=AGOC+
MDV4\*3Y!F5THZP3V:OT(FW/6.MTE]H@4LZ[?9&!VA1"UYL3,628F/@?Q\MBG
M4\NV@M65<@U*E.L$J7_$?9+IJL.2FGZ+?907Y%,I,,BOMH4<`RLO%G7L;#OI
M6Q^S)NWTSEP\]HCC*JYA\)T8NR/,8-Q/9T;\S$B9FWB&0CN()D9D8!E+$ET&
MFI+Y*?[ZPJPKY?_B^%%_^]FH'SYGER;=\;X<][RV?HS$61WVWFYF'JFH*#Y+
MP$F",BK=&P/X\H0=Q0J4*2;TC$T*94GR,-5K%^0-QUZ!O9GK+2@37-!QI\2=
M-YXNDE<FG$`_>D$>W[5[9.`5?=/G=[?7;)[;$^7[KGBY!O(9KR4*>==(7+"9
M*+>.<;6C8F?(LD,B!(3_%NA/`N^&,LYZ*,NA0V#3P3Z3+N1PU@JQIT.&QM\-
M^A*R#MX.&V=O)_'7*'&?ZZ:MCSUF"F<I*A\RI8>4#AF1[XS3#,/\/_)*\GH_
MD4UD&-AFQIW&Y[-CG);)&VIO"__G'SFS(V%_;Z5,5\Q'#;U`>4+/U,_X-]'*
MOFFQ2XBV?*V%Y4?$0/1.)`]CJE)8F*\0!426;EMXID0^$L,]U@N\[2!YUW%=
MP%G')3R71%J\W:.(_I;S[-J$`VA.)EH7-1&N@2,/-W0HSE2AHR4Q^09S>&>8
M_)&&?C2[1L(+$ETX?WKA,C!6%V1`$G40W4]_]K#KS9%C_3?F1$(WZA001Y7,
M$WF*C5XNF,EY_<Q9L/D.MZ6`B*E<4+^#*7'"PTSO,^8LCR-G`I>@2D8F+E=H
MUVSJZ\Y)<I$;NJE#MKLUCBWUC>LM^<)]Q?M.)M\/*TBL7/4XSW,:)U:X1X:\
MPZV_*C-Z/3?AS\N9[4:!+[WDFX3;T>$M9YU827,/2VGK.F\BIR\)HIGS_@7G
MUU3%\IP5UA/B?;&9AY>A9Y!QB20AXI`%5-MR=W[[Z6:G7)Q?A3.]B&Z/]V[#
M@!@<AUDF`H=%/,==(:`I1<YKBNY'H71X)D9O3ET[*PK?.5-C-+KJI0]5E)M\
MM+.YWE"I1#YI\$@C#,\-YT^\C4E`;R/UZ)V@5.'A.75?Q,ZW5;2O4)&D<E[[
M3!8O94=MB#U5FN[?U7)\QW]"9A10$15!S`SO3$6<P6,"+(&O14(AR\YRI'B'
MY33ES?3S5D7!$[$Q$2TJ18WH:HPO%^2C)^73[;N[>Z$5*F-\SFRC7FF<-VK_
MREN)W"8\P%+;Z^3WIH(IRNGL^3\>WMZ%(X_1*I<E">B)`T7#?OK(0[C$'F4Q
M$MMO-I*__.OA_<<'WLKKH^<NV/![13;ZAL>3S'*\UQ%O6_(V\LPN\1WSAK/Q
M%#S,V4D<>_@_(:87/<^V&2QF)<J+*?KZD7:;8NPHA.\LNKF_VN8\'K/5JE)"
M_!.SO)E1>)>+\HAE$K(3]J`15"SO'RW?(*QS/:<Z@+>=0[R'M`(6[9,E*`MD
MTHVQ=?EPBN.O%.JZF7B&/2_C8^6%^.#Q)B;+WL0:?69YY$M3OO,.?8MMGIAH
MM5/[&!5@2.*TNU.Z;>%O]$VR/>F'9!%KU+^X&ZP9QM'E\`F^*8)4[["_T(("
MOB\QUE7PE*%8,2IOX2&(+8-*4J2R\%LBD/M%P+&=,V/OG*:\:3T!YQ"A@EP0
M[[P<5CA7Q^QQM>MD5V?S?>GI6N\*2,'`VRI'IWMLT7X68ZL8`*9$$--RER]/
M+D6&;7SSSN3E#1KH"J+9KBO\7,>/+)Z!?%I,8&`"I*G,D@@@D1(J,40]5A`D
MQLJ6V.>0)LZI:TJ\"K95.4T,X)(H9I=NS,>A]\8<L$*P]20-EWJWE$A3S(H)
M%ZX7D)>291/V8$^R^HI8%>SH^PP]5'8;<E)S?2F:SST\IXRX0$%<=;9[:&;[
M*,U>Y:D[):MBF[2L6H/65ZU#`[)H(FDD$%AAY/D*82?.>]Z$5CO[4KLIE@M&
M4D3C%MMV7_QT<=N&4@>.4$3%L_'T-N<V;+3T\9ODAVUJ:KN=60J=\-JYG+YX
M`^L3ITQJO5C^UDFRT.D$[-'>.,O<K7%V%E7@R']?*XW_.0>J^ZFN=942@%C3
M7'?.`O(<D<]WKR@@SP_Y7#=\`O(<D<_7,A"0YX?\!)!O`OG'PP$DX%\'_J<Z
M%Y8[<K\#69$;"2IWQVG8F`7,S;JFA@9L#3+GSM@E;G@HTJ^('YP5]Z-+MY>K
MNHO<H85>EF&5,^8.O`*\`KP"O`*\`KP"O`*\`KP"O%(7KPS&Z6)BX!;@ED+<
MPB.Q($ZZ0("KXM3"5\75EK&H*FG6R!TR8+&!MD!;H"W0%FB;]_Y'H*Y,U`7)
M!=H";>6C[0FMW*X(E.WDIZN+21A:AL.;W+S.8KR\][*U,L=3!AA0M\"-P(W`
MC<"-P(W`C<"-\J4T@!\[R8^@'8$;Q>%&F4LA@!_;QX_JQ4`K7FZA[U'L_'17
MT;O.R^?!!@>0*':9=P-Y+_ENF2[$XX)I14`=4`?4`75`'5`'U`'UO*CGO8C>
M6)\M/W:X?-#O<?.NH['*N-8';PA7&[HAO(H[O..@IXZ[C-BOVR?QH\\9TUH!
MF9YQ\*;O9^P'K!7J]=S#[&JJ%$[532J:1$;O*:DN`[[;JH:(+NNR-K"B!%9Z
MJ7+@(2-N:>=A@\J821NAV59T3RYK\.8<O"EP[U9FFS7)\Y\P)D-.V3TUX9)=
M4\VN#O,W_?_8H8'062++C!NQ;K7"1=$MOSOCL?Z'5\KORW@VO%@BPLLUC*T;
M6).;\!)X0B+]JP@V\Y(M*+ID]4+Q:9?>J(F=CY49@=I7%FBE3*.K9$T/O3A)
MK\2(`M&=I>1_HT;'EK?]EJ2MWHJM-JMC8*E57MOK9MQ9[+#=B]N@'>L"VB21
M=3>DM\48E#LVM^2RJP.WIDX;_?&?L<F[$6!T^Z"]NMBZ1C(+BK@O-6L7B9%'
MZ$\72&\D)P/PG=)%?$.OY<SICQ%3T5OW"(,QJ+?Z?";]%2^H8/&=QN8*UZB%
M9WR1\'INL4PFM_`E%U.RFWZH48P88NL^079W[M9=?=LW".Y?+<IW*56T]7>]
MI>0=/&]/R'Q\1Q\C#;88#[`[YBAQUW?,[5Q"PAIY_G[U<*685%]X/MRJSOGJ
MF>B27N)(4A6[ASWWBYHB*[;%&QYRYDFS7KZOTJ_ZG&\U^RM_-3*ZTKE/,FDP
MG+I`;O=V'[ZO?>%^%>'@:L#YCNR_@N[@?)W;"=U1H[3WKC05I/VPM%<AG[SO
ML"?R^>$[===PYL53].AW%&E&?)7M51_J^\U9,C==Q+?Z?F^N;=/55/_OK6#U
M<#PF99OP43_*[.7:Z$T>.B\YF;V17"B1IY^?GE5'!Q96;']^='S%1IY^F6+W
MO_R:2.^Q]&.*C=+5$,G2"N$]2I5#E$@X-\+P694SN=KN<Q&02CFE:#-^<26S
M!-%*L7O-(G[-KH/A)-^5B/')^JN:Q;A(H]Z&!/A@/YS/V]Y*AG,BBL26JN3D
M9H`X[+Y6/LE<F^&UBW!*I[7+]^0HF;DO56E:'OF\N'Q5]$%$"Y5%IVLB.$DE
MQX7IN6YER)#Y,O0"55"'*LAWRT\[54%+I#7?@4&05@FE-=_-4""M`DOK()?F
M!6F54%KSW28&TBJPM.;3O""M$DIKOAOH0%H%EM9<BA>$539A+7AI8=,BV\PF
M72,=)\53"?U!KJ0G*`7IE`+KOXD/EP6ER"_@11""J*C:-B!%2\H76K^P.F^8
M;Z,'=)YL.N\3]GW%M'R#5EBP.L+HN`PR_QU&!8_U:3U->JT'CEDC2DK*8$U0
M!=6D[R5C+%93M[:.^49E(!-63PWZ<J:`ZU=4QCE%L+JN\50!Z^'*T'YP@/3?
M]O[EXH.V-&XYP\"4+!`\@_.D%(/^,3'@J"3TTE7=1QK/7"I1'3?MFS&SZ4GY
M38:%GK="P>:`$NU3<.#,572LFWP9K>.6HYUGFF6;"7!-&:[1"-?<LI8->!.F
MLG.U/XP&R6D.>OPSDUDN%`='C1OV>[*P`9+GQ6&?3K5&^HQ-*UQ</F)O$5VX
MFR9#Z2Y%=3:D^/SX);6"@B^(!DP#4FJXHEV1<C1"6@M<Z*"%ZP6LV\Y&;&EZ
M:>GA!2$[D<VB39/XHG(3=XGA.RKAA2JHM\#(#[W(_,V0Y2G/R`[QH7Y&]&\$
M=WIJ>!Y:T8?4L#ZMIA[!?&8YY$\6.TWO!U[(5.:50J?.7A9;VNFJBG8VO]DN
MH:WR,72B1D&?/MTHKQ.VTWIO^;[RMX^?^`ZXGJGZ-IVT+$=GOL.=;'_#]W7;
M31FHM/,=?:\]#WL#86BBVATE[GAF\>\S]IZXI'&_*+X#TW/]]%@_-H5F(9EZ
MCE32KR@VBL3*!195OO1OQ(H1JT'Y(IT)*_5*54M7D94#>>TESQ0W#/P`18TD
MF)[?Z/@C/1'-T"*OQ_/(NZ:!E^%&/C3?F4[2Z;%2X_V53G%)9(SOL)'-I;K'
M('C9.(A9@N];;.L_U&;3_GS<^V)9Q(L+?>(6^T19/FYQ.+)]E[#V,O2,)^;F
MH27Q\;Y;)"[']HH_JVL5L3HE>D2F;8XGW$`<@?,9WUNZK)_-#NNG>M\DLK`+
M%6?)X-[*)Y8,!A+W-I<=;WQ5B1'::K'$61U@/VE@Q"2CPKY9O)F8>].LR56O
MZJ99?(>OKP67=M7GS-?0(J^:%GG[O?%`MJ.*_JL)9[@;;(BG70UY.\M7R@>^
M(Y[57H^PY<YE]U%V,<I&'NTF+F7SN@(;!V=OS6H3KKOAR7!GO5S`%EGT3HJ]
M*9VS&9X\5F:/H/KF==GK*E@74FA;4PA6;ZAG75HT*N61]K2M2X2KJ;9U-0MW
MD;9U^356->4L-8IO?;WJ>`@NM*NKN5W=1&]DANRU9]:AU2>T0IA=&:016M3Q
M1C17Q3>3GGQW]NT)',>9J[WT/D,.>2Y5=`UB7K680_LYB20Q7XL4D$2I)!%:
MR\DCB8-T+AP$L2V""%WC)!)$L(CM%41H"">/(`[3=[J!(+9"$*'96_69V1(-
M11H*12_4`:2%VBKQT,D-.KF5REV7:>/6E$(;]',VA`>%)HM"@S9MX%()[U+I
M_9S-(IO6/R(JGX:=)ADC)&C!QMVIX=!_K2DO2.M!(N>H(C+.:J[6'W+,"2:C
ME2'YX`#%6]):+5M`.?55*U[,5H;72O3%JHCCCW7$ZO='W/@]&JL,MW/LH^;0
MWDJ9?=-H+Y"X'T_.'EC`)$(SR9&V:7IOF!PGN-CN(;052;+O]0>;KQWKHC8L
MV$6M$@[BUC^-<EX=S=.R.XEMMV18H)4R#<G_$SA8X$\F;3GST/*?%!-/J0Q;
M9`ADVZNMI@9QQQ_6:HDPPA65=(M0U@^G*3(5G'HT5=\R+>2QKCM?XZX15!T9
M\0&].7:PQ^;FX+D;6"AJED%D94ZGCVSL^1>*;Y$7(H^>^21+9:T:B"K`A*W(
MC\A1D.\3#K2B%F7N$CL$%>]/'.PVK]CTK?#96ADZEL-WO70Z>$;4:D!G:RV6
MGON,V>O<%_*)X3KNPC*4I>M;K'7'RY-EXZBO!OVJQ1I11+T]J'ZF8[#.A:['
MQ(X1C$[\BI"-/&8K!EW/1;08`@YE`U]Y(?)'&`$;8<#DD:S=7[H.P7YK0`IB
M!#'Y$WDAHU):2'/UV).AK^`?A!_9T<[;1$]]<`*+6Z.K,^85S6,5=35,G_PM
MW]:P3F7TQ^V'V(6@`OV<@)L8`<[BQ<Y+QY*[;DK'^1W!$_&"F`C%"I,H++)V
MBWO;EOU^940Q$P7!@FZF"`FT/FO79QWNOLAP=MCI:.+?\9T?-2<49"-@306C
MAH"\&QD1.H8>'9<S%>.N/'Q'Y=T*A]@GGS>@&X&DS&1%?MB^R&SY`NPG[Y(9
M")?2.<V#!F70@%IJB^]<_QM-@1EP7WG"=MQRR?5Q>AIIXU2.0Z@%-4UFA\7N
M!(*8[=]N7*+0-D(7!Y4",I\M0LL5$0+OF3E;28^J)V02WUU7M[N^;1B&:3[.
M<_>HPT>XW*%D]/$2>5$'+-I3==//\]-6KUG&!C0R]8ESLM5)\U@3VAUFV72%
MY;L6VM_V2ODPFY&@VB)NW3^0$R*"<D2/P6XWP-WF;W0I%&OJ"=Z$P0N5IG63
M->XNJ$GD?0>1H!H]PSE6X*VK[_$,LZAAB]&HSZ6H;Y1W,?9$K)ZQ[2XCK4BA
MN[?\/Z.??B=,Q+K_4K;<9D3*G(GJ8/UQR1\642\^-'7#8(?D";DS;(=<GAX-
MIN+,$5]*K?AW>3K/73K@X*Q=DK43L3U$1=;Z0D$=[W;%N7\8<6RV+$_L0D?M
M@%B_7AJFR-$62,_>:CF:#M//WUI0![W&:A^B=Y=16#5T2LF-OEIZ?VW0WWWG
M.;M)[)E"NSC-]1&ID[5KJU0LS]15=!'AR\7'SX=PWOQ,;S:?\X+4IC)(1,*;
MPO-Y[OX<=7+W&101I*PG+3AG5-]P*,8X./O^J%3U39F[&T%<*Q77?'TVQ!97
MF21*UTM5]8-$"2M1^?IE@$3QJU,'B6JG1.5K?`$2Q4VB-`XUUR`WC<E-OCX5
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MQ[^Q@SFK;Q2UL=H?C`>O%,O\Y=7M^V_:L#=X]2N==:.E6:H^B+Y2:5"U?@O4
M2:4.W&JE\3^KE"3E<51*@(:K'[J-?),;V=U&OLD-SVXCW^3&6+>1;W)KI</(
M"Y&<[S+^IY*O)?:?]IWR(G7?E;OCDP-AX8WK+=WU*7=9T],E2\'YP9DKW4SH
M6OSBT3/2Q\GX52STL@RKG#%WX!7@%>`5X!7@%>`5X!7@%>`5X)6Z>&4P3A=&
M`+<`MQ3B%AZ)!7'2!6K_K\I#Z"WMT(_;"=(6OUI/3]_?*N`51B+7NG(^PKXG
M4165NW;08@-M@;9`6Z!M)VD[Z?>`NJVE+D@NT!9H*Q]M3VCE=D6@T5VZT543
M4S(AUEN3A:%E.%S6LU6MSO&4`0;4+7`C<"-P(W`C<"-P(W"C?"D-X,=.\B-H
M1^!&<;A1YE((X,?V\:-Z,="*EUOL'_8_/]U5K!,%CSS8X``2//ML5"J?3=Q>
M?E`FSII,(1X73"L"ZH`ZH`ZH`^J`.J`.J.=%/6\G+F-]MOSX-6/\^MA%8Y5Q
MK8^WRKI!MLT:/-$&69["#N]OKF`=L,Y78W:E(W[&Y$\S:Q8\D=\=B_SJTR\%
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MU1MUB6",A3>QHZL>-;'O\93X1:&W,;"Y&E(W;.FJT2!G"+D,HCN0RVX`+?G1
M$K2P-%J8#)ZEA7.U2`<M+*[DJKU\9>Z@AEM$3-##DNCAX=50&V3IX5P7)H`>
M%EAT^[FN<`4]W"9B@AZ61`\/KD8'$O\ZYSM3CR3^-5D3_Z`SCF4R0?]WE9:@
M_B51_]>&X8785"RZ58_]7-?BB+'I6G.E52/MML33!_FNM6M:M0.K2,,J8#DZ
M4&<M8!%#Y^H,!I-T89<$.AP81%0&`<TMB<\OP,T6>@L2/J5JN5N:)LC;8JQI
MHP+DY$I.,`&2F(!NIGWJ%O$V1O/:J#.I'V`7#K[F2#H+(J#Y:,A*L`L(Y#,-
M-35,Y*(6Y#D[4P8R<=73Q5B5*V(!'@<>S\OCHYY\F;QZC;!Q3J<`=<S3O"6C
ME:'YX`#)O^W]RT/],GW!&DZW5SW'?,W;A+,4\K5V.RW6^4C"56WD[1M7DP8;
M'=%@VKC/DRG7PY71805:TUV'\]`/XLYTO>&9+>>:XX;&K%EK>$';X07DK`(R
M!J5[\(25N8<190MW%K,!Y13ZP=+#/E%GRC.R0TP_IG_T\`)9CN7,%3]N#6B*
MR36@0TKSC;+^MT0KUO61<L'2LQS#6B*;M;1,4N"@.]K)`Z_UAEJ<UL8SYS=0
M/=0"-6J9NIA:;SY\7V(CP.;71$:^QH+S/L2_.V2FEO-,A(7^Z9KH71R-L]-_
ME5<_U5'U_51/JMC1(3X_ZAZGN/EHRI1GQE30Z.2L\#II;Y<S&*FY*]Y:,'+%
MU.G+5LIEV%*WK?#R*>IB^&8JLO<%I%).*=@F56#);&HOM681OUZ0">8JB3@B
MWY6(\<GKG6H6X]J*<LL+\,$T>=Q<?J68))A\(Z[$\BJ-;JBZH<9)YLH-UB["
M)PO5Y/8]>98<]=1<+?(:E\=VMMF48:]3GY0TVV7H!:J@#E4`/19;(ZWYJLM!
M6B64UEQ=%4%:19;6?!U105HEE%:Y2OM!6H\6WH.TMEQ:<\4Z(*TB2VLNQ0O"
M*INP/JYK!Z02V68VZ>#D7!0<#W(E/4$I2*<4Z.DZ!<<%-UM5:4FM6HK\XMV[
M)HJ*@KNO6M%R:)AOHP=TGFPZ[Q/V?<6T?(-66+!R2Y?652K(_'<85176I_6*
M-YT61>N!8]:(DI(R6!-4037I>\D8B\&Y[RI\HS*0":NG!GTY4\#U*RKCG")8
M7==XJH#U<&5H/SA`^J;.?[?Y\/!!^6B?&/2/B0%'):&7KNH^<GCX4HGJN'W%
MPS,;&\%6AH7V.T6!LDA*?F>NIVP.-BEH?;))L7R?]LDC7T;KN"77J:]ZV68"
M7%/NF/&E<NL8=FCB39C*SHS^,!HDISGH$<),9KE0'!S0+Z.][HK1`,GSXK#/
MH8.#G`X";DX5;DX@)E7V=[,_D&?1K]_&(+&S@!;V64?B=ZL'/*=#5G.T<"S"
MT4(]>UOT*&'WSWV<;"773*:@?$^Z&LY9Y4;_Z.G*LWS(07_WG>?X2^R9,SV4
M_*-7XYW4R=JUI?XK;+18XNP17RX^7K?!V;WO#XN\('X*)"(M$<+S>>Z3/'5R
M]QD4$23!E1:<.`F52VYXUBJ,<ET/N"^695)H(*Z5BFN^TS9BBZM,$J7K.:OM
M0:(DD:A\)V)`HKA)5!\DJIT2E>_4"D@4-XG*=RETD3PFR$V%<I/O_`C(#3?H
M)SF[%(#<B",W!8]R5"X]I1/]?*6M?.%?8U;MHJ>+:==$V$\27SYS5_;5)9H5
MUZ%)E[ZLM3ROL<SHQ;C73X%3JJ0]VAK-KFDO?I)'A'A7C"US453<F<5]Y75=
MP?655(("72AS2"%5/<4R6YE5>1E-U*VL:R<&QWK.3_K<F#<:JZ+"0V6KANP'
M[:JG3).ZL9GRQ^T'Q6%7KB.#%9=ADQ4?HD"9(<N+;ZI`K.3L/3;P8HH]15=9
M>_K^T<*Q,\NZ>%5B9=5V'2P5^XQ-*UP\8F]!A[R;$O*A@-;KO$,^-N^<&[(D
M#QE!B.QD5M74?4U$J/OB*,BI@FEMPK5&/1GN/.LI7N-J>DM#@1*0Y+&:"M@*
MMI3/7E>-#IL8K-Y,A6.&:`A9Y"BN3):@6RE>KUFXBS23SZ^QJLGXUBB^]760
MYR&XT$2^BO.B1Z8XT1N9(7NM<)6F0IA=&:01&L<WFN=ETI,O%;LG<!QGKN:[
M`YOK46@0\ZK%')K"2R2)^0I/0!*EDD1H^"Z/)`YT$,36"B+T<I=($,$BME<0
MH4V[/((XY%#Y!X(HHB!""_;J,[,55?M6&(I>J`-("[55XJ&_>D.[0FW)71=:
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M^9WS'D^#!VS0-UK8_SNVS9UC<=</W^X^;D["J5DGX4QL6`MD^[^\NAQNG8M3
M>Z^4T+&B<7Y_>/_J5[VO1LST\T]U+"2"S,36FVC2?[@VX57RBH^6C3V?T_$_
M57WUZQ?WYY\.OF>7<G2:MXX?>"%;(O*\%5E+I':/(9\YB4/(:_O(#R;:/O+'
M)K(YATF^$7K(,?"M\]'U#)PT\$^8]!XY<_POC,K!^2V>U#<VW/5WRU__Y;/E
M6(MP\9D=6MU>H_[JUZ_JOWJ?>^\C(3Q_IB*M#GW/7EV?K*ZOEUS>(WG`)TJ%
MZIG?0D1^"S!5-N_P$[)GT1%=-_2O9S/+MA`UY248<+P]_<$^`VK#7B_AP$)3
MJVA5>IY5#5,*;<!E58E(KA_9L@\QAQ!RNX0!<$X*K1DM:^AWJR^4>2*.)-/?
M?,F_F[W'GO5,OO>,$]/D)UQZ")[1/CQJ3]W@DV.1E6G,-1R[8ZX!>,#/V/GJ
M$B_D_X<]-_G_K]BC$1F:8_(8^8',D-KUQQ?W\8E0$SGFXPOY,U'WSS@#HQW-
M/$YIYF%^Q5P6F0RF;QZ9B0C(E.*9.P?3A>8!ACU\`ADMY4=E2)7@3%,5-*H0
MT!3A&NL[`X;\EZR<8G,`E^#%#6)<`H;+!QJ_GL(EY0"J:==;3):I%A>=,RZ)
MC?SDOF#O'B^012.3'9],Y11G:/TMAS??#`[-^N\$LLJG/2#3'HX/SOOH'`["
M;:$I\:!HH,?+N=-2SIVJ9>F2C"EL7-./(67/M8>3)`%V%L4EDCC+G;M-WZ6V
MY\L5B+NTT5[<=<Z:VXG0@=A-&Q.$M%%AB*[G9"YDQCA2.7<S%OIA\ROR[L+`
M#XC&(X)R@TUL/KKWV&*?>OP$(>6(C;:,:HD)'ESA?FA[]BIS:Z4#2];3'I9Z
M?,UYIESUNO6==><AM9YVG[01YW4GFG/]),WD/1,UBOG1<MO$ZRG7YW*PK\4S
MYE)FLOD(L#/9E#_2KWBNVLY<M3QS[9>?ZT>,_6O'O'$7"\OWJ4IF^=]J&"&=
M@]J?[X'IE)US"7Y(.2%US;D$7Z32/GJA.2=]`HEUI!L?-Z'G4;OLF%]<QXA^
MX1R#?9Y:Z-8Q'K!CN1YK2W@B?-!3V9MQ6@1.KH+KL@N$6/F7G?((RB^[@5#[
MHQMZZ<35%@Q960CRAQ/H]%/.@S:4)*=7,3`I[Z(18`IP#$L[L"P$S4'E@>;)
M\H(5Q?,4-BDO19,C/U,#-"F?J`PT#Z&WM,.HZ2RO[=5^RA.:]%.9@NT7%YM2
M'L>AGW)V<DVI?MM+&8&$PLX6YVS-+HMU'I](A'Z*=]+^TTA&$UT1.ND-NE&*
M27*C\\EUYK2NA2ZE,+L<GG/*Y5+':FK2V7,H.\]<`ICRD0BV*>?]G'GNLD1"
MCGL2@C\$Y'_,#4](L/FYG0D>;#M*2S+.JU][5[W1(:U^;.49%1SW>![:49J/
M,.M[Z]DRL6/ZO)M]#]14L^]E4G^V7W2VU=];C5K5QW^)"MS?]-G?;,O!E]FM
M4PL6KZ<ZR,:OI9-ZLVDT3G6)HO;?*&L,E2T0V4FP-8RI`CQ>4XM/?J4+_)9Y
MX.UGH-NK!-ML*#^_N[U.KZ'@*Y+6S`E1^(Y[XWI+OB.Z'N,8OH,R]OO"!D:V
M@CRL^.'TW[0B.7`5:XV-M\>P?KC$WK/EQQ<C!$]88;J#_D+?^"_7^U-Y3?YL
MT8+@^`/+,0@H\3)^9.,@VU9^OWJX8K\XKG/)?OEWZ%F^:47U/>0QY>7),I[H
M6U9LBK9%])./33I'HF[,D$QW,]=IZ!-V]/TK[IRBL.I6^E:ZBQ:0_U>B)29+
MYDR;"-*9Y9!U680\\V1G8VNU,187G!?+)&TC&S<;PE7-?Q[^3VAY$7'7,"-E
M$>V3L8)EOE,8IH\\EEO28G-CR-(E]%D]$0V,/?]_T6+Y]B]C31V])0+$_$S>
M/$K)QGDUO_]?SG.TB`H)@R?7HU7&RG3%M,=7+R0&,*!<OC&.RG7TO6#%V"16
M0N0AOA.*I_!Q+6<WL4[9??TYTXPT@O([<;_(-/\O"99-=\&;R(_D#<1&4Z^:
M:=6TDD[IZ&?$]BO(2K=UZP71E<%&7].'%BX]%,"2V+M:^`D]$V6#7OQM4K!/
MEL1[-#QK2A9+I90SLU"99UM?R#/9L0;?M8G_;$0T271]8@8N8E.Q",DRIGBM
M0")&VT!EN(LE<@@D5_0D#IEXM.3@B=:[7U`:^O%JD]5AA:"YL`)*5\-&M!:>
MS8"\F#K+7@P&(TBRV1U]P[;(8PKQEI@%4U"RT\<^M!R3^GXA82A_752O$.#_
M],FW4?KJ@7+"#`Y4M09L@6(N(PX/M5KTV,T4^43E3>GY$_I'R@/!:LD\(G=3
M,Q$_9EX1JZL@T[0B`?7=Q8ZUSQ+`V&)&W+5<>NXSF8GK*;3XF;)V8H;H4;)%
M_#@MBKX"=JB8'?B.O>\=$?IBQ<1$O]GT6*#C4"VR\1:9WQVIH1<K5CY?_O7P
M_N-#9!Z(6K*1MS83KD=4ZIQH5JJ`B!W+,@)K5YPH-,+3B1]^I5"3Y))QMD*$
M^(HTIA*!SVJ-V_!W,I(3>0+$[/%]<ZQY=M@%!;%"\J*3A40!^1F'"7/E&B:-
M9AJ^_.OV$V>*)>ZKSR0Q;F-&I<-,LC^46,>CO;7?PNA/5;UEXLA3(`Q`!'/S
M!6J*'#>@24*;\@<Q"*;E!\25"8GOL7DG_F[@)9E'R.9"E4;(B(M1NM=B*0"H
M$[8.>]AAS5@EW7YB'A?YD(5WKZT?HTA)'?;>,IL6;;#M(!6ORMQ=EJF81%\1
MF\<0]K"!:<64HFJ7Q,DC*I!H*,LU&7:OK?W7)(-3"9KBS1L2("E0.`H#;.)R
MDNG3R:*M4?CBI?;XCO?7<P+2"WI])6?"XZ7K!>S0<00>E8%@B],R31:CT;1"
M<*M`-SJ!399*_;Y-',`R7\2/HT?YF93N,R3-E.5]AE*+X4GYTB>$L\C[G=4%
MG4?V4+14;$N$^*[_#($,7MS+%5$KZQ6L!31K@3]>**%#!2W*+E(OA=H6QXRU
MYK8[PYQ>JA05$EL1%MHL<S,79@R9$QXNF6\^LU@]9:0\Z6AQ027QEFR;:&N6
M>/+#V<PB-HXB$TD(50_$9Z(\3=P@/_'A.8>]Q(N2VX"2*(8O)'3+B.^(%^"7
M\O=+3<O<=SN(JT,UTY;J(2(4)YB-*_H-*GVQ36(9E(#E76;8HPK%#USC3XA5
M*Z`5">'BK7%[190MNTR9D(;2:TVK"VH][##6E*Y/0]`H"4LWB-*$8@X$(E_R
M0[ZSM8.$-8@)V?(E":=1#1W$]V[S?>GV+=Z<P1==.T;I23]V?>,VS(3F+!%,
MQ7GCP!EHB0R:_HZ99U?88[?/H9:?F.8%RW`9KN-@EE6(DA,@W=REVYT&T5F_
M35)PYKF+;<>)T(M(,R9>4>Q%6L]1M0MG;\:9LXP]40K8HWX:[^%I^RPW\2NY
M%5$D7@*B.B;:!#!)9&B[+^`Y5)'1HD<#S<@=)^K\Q0WMR)5(JQ2J,FC"(B+[
M(?:6VX'FO(]+C3+=)&/["E3P-SAMIP$V^P=1A,5Y$M8BM`/D8#>DVQ;+T#.>
MJ/*)=C1(>,K<B\V?D\.BO*%XG2Q9Z[V]]GT2+3^\H.7ZC^K;'Y4IYQQ(\(*Q
ML^7U;N=O+[9U,LWP8Y9$H))`@^#`LB,+ZB;IWG5"C/YYLP!BFWVBH,A[B#L6
M&I&]YKL.SK42?Z7>/POR:>%0#,<6/Q*N->--5[KE&A!W%"/C:;VG0*&\4`X7
MJZQAYJP`*17B[.LV[>)]%L*U"DME^+&&HI0S\(62Y'+\)YH16R="D+\]",TW
M1GO-%XG'RQ(?<4D6$6"Z>6P@_VE+(Y*E^D\DWEK'3X:[6-`_1L'3>J=@G:9A
M^6-$@C6TR97PKZTA`L;92B3%-7'T0=0)9]HN*+I+1*.BBPV3\8Z\(I]X1NO/
MGY3_A(BQ`\$_J_5QJ5?QC@IFKDT<(.I51DR]:TIXXR2W!4\"87NMJXEB)U&V
MY3\E>S\;$[#9S".2".XE=_<RVKYAAB2AAF&[/N5DDRE4[$497_(7.W))-J4Z
MM"`G*N0A*F>]=<5WAG0C[&JSW_'(:I#6?0FB:(Y,_P59U%%*Q7)T\X[:EFB6
M6P-E1-OTL7B<BZBLU@^G_W_VWO2Y<2/)`_V^$?L_('IFQ^T(BB8`GMUC1U!'
MV]K7+6DEM>?Y?>F`B"*),0C0.*3F_/6OLG`08($'@`)8(&LB=JV62*#JEW=6
M5F9D9Z6EJ6UXB/`O;'8-]!H<09H&8:3X6=AK-(T)R1\ECH>IE:P/_>`5T:M#
MOQ\\??R:-\?P(%GPECP)90MTQKDJG+)$#$#:+`,P07V6D$7FLIAR\+`C@R#)
M&.,_P0(WLTF](N;IJ,(OX0BOI#?D(/(5FA>AX#R0X*3,!M(<Q)>8L;4_"1\O
MD`/\94)F0G/M(`&*7>]E*NN)A<?%_A$YQG*"KAMLX8#U!R%`5/<%&Y]H2\,+
MS4%0BT,VA+<3EHSA]T$9UPP#1?"+B],)*JNU="9$<I]R:TMC*E"<@;1$9WB!
MUJ`"EJ`DB<0KQKI\;;T8^'JT'C<6?W(0]\883=!B5N2<;"A)D;>IN!(IR/['
MUJ`59G$F),4(JITXCFGEGJ&.C2G)`(&4@UG(EO0$WP;R$#)B4#_PLI*BY/W:
M`*ER"WO8G5&[JA*]B4;*-9F'W='V&3\U!-/(&#W&V&\OIR"S5!7[B`SZKA-N
MGI,C+%8O"/Y)9H&`0C<F<<5$<*G%8+T5RR='5N`0TI80BD"T&=281ZT`V;X]
MX[)#PV(V<8C(\O"$[?,JN-^4G3=D^Y(WS<TR8JP='_<($2MC[<&:N--=R>'P
M=#N#,MNP9'P0T=K,^[)]_A+.5/#W=T`0.,A1.WTX*[96!SAH\;VK("C#SIIE
M2Z9MS3"?!8F6(*6]]LYP:'$=E`(RUUDJ:YVU`R_&IT)A3HJU+[--$Y#2"]YM
M!G'!&L(D(I)D>T,BK!2/$@AP#AWYJ^F$)-'2#G*74:L"S/(9WBX,4X,DQ!Q:
M_Q(;3#Z8K%P"GUP<6R1<X,VK&;L-J&:Z=NI66GS$$>21O(WB'_P1QF!'Y[#X
MOUZ8Y(8ZM.1%A^B\+3"'V,''V$.B`)LL<I&7Y*R"\@.$UVPOC$GP63>XVI8^
M<(]VLGFK<[GN&`0W+>*)?N'-SL2HOJB&L27I:(F",O2M5T.E]^'PMHEM0N6E
M`VF6,!&)*<+8(L&CISY9$ODQ<`.L67C;.<J1AUM:WUG^D;[3LYMQDCP3W%4@
MLAGU>8BJ.\,[UIML%*;GV6Z^5\6=$-@4L-FZ^@T6[EMA%6O($8E]K5/AC`7E
M+Q^KFRG)Q0;%%&WI$>I$XKN=Y$PL0V3!,WT!OH]FPZWY/B@;W-P;\$%\GN89
MR[!M0YQ6QKM,7%=,WUN>[KWOT>RZK@=2$8*W_8267I@7Z$!:4E9"D0%!:4>%
MF40^&&>(8M%*>(GL:S_D-N-2!NEEW5@E2R5(2]]Q?2THE(D8R@W.+]:=1D('
M`E3^9&([>E7A>*0'&6,0WJ>*<Y7`-VU)&K^XI$*('*^$K.,FV2E(Q)/B[;FF
M1T7S)-M%Z07V-GJ!D!>6)='J)9FWK]P3*_6X?\WAROT.N[:^3N'B7[A3<I=^
M_[9;$$$#6;3X-D,F79(V,WD'+5,:@CH'2LNP181Q[!>X6Q$&[)-P$\UWUZK`
MU4RB^$P#PQI5&*:.4A?DI-C4C$5T8=N->P%--<,DC3ZFL:U[_'+YA'TB$\:1
M_@1D,";@?<*M">Q5.N'Y-%`KG$&;Z@!"JO'CXE=LCO"?##B27F`ZS\"M-&W-
M"BL_(L_K/]&7Y\")</D[ZD"B5]%W*"+-@O$)STJR)WA#V"`%[F6`,)GG`HR\
M0^2P!VTBN%6?I<82!(Q<R<7"#\\+(XJ*(PMQ$K#U)"!5J[+O]KP$.L8"A\IX
M1=@(&%@>)Z'OP=J[ZO19V^C`N^+:`+\@HL'#$(/WTPQ2Q*`%APSK[F$0\3A(
M8^QMDL(+:Z-</DA+8.L1>LU!+7FB+P"$8:ZA&T%[."..Y\)X*[I-SUR_5!)I
M[Y5.FS7+]*O8!MM'0NYHXPX%XS?$/1J6FB/AB,L/7")R_X!O&[)Q=;F"8PR3
M\1%O/`N1O=MMQ+4A4MI39JRIL,/&]H$3AU27,4::]3G94?P5QN*R3[^&IRVL
M*1&DFM>I^D#7N(P/XUEG'BH]'RSLH(:IW"G<.\*&/<M7-:9QX+4^AMN@@D;J
MKTFV0X\#XO3Y!SF$CB+JU^!&XZ;#$>0M_.!T#S^/2'*ST[N/C,]CX/80\<<2
M[17AMD*SCI\9*R*VCZNH$0Z"9A?DRDY&KGE]!!WVR82TQ1*R0@9VP`F%V==K
M0?,M5X(C%=85)VP?=\8%DZ!,>=\RXU*:L,X?QRFA<6%_%*56U>(?3!_CM79'
MK%DJ7&PKJI<A]I[<]!&ESJ(BC&<CFO)M`Y/)>M5Q#1B)>AG+\K`WXEH*&)_B
M1'J&W)ATO:#Y/&,`]B?YF%N/7E<Y/RJROL*57<95A:V7!]783V$QS[N&FNWS
M&F%_24T*52U=@=`.%=8>>@-4;+,379]$BJ(A:OL\[^?$-_SGC#V9I$8,&NT'
MW?79-T]3A\U)6RB]BNI11-JBXK3%706.PT831]J%J"#85MNL$Y,O)QK0*FW6
M`6U4F<^X5F#+W9\F7580"JLZR\[VP77%.I7IJ5WQQ$^Z\0H___.GQ8OQ(0Z2
M$X/HQY8>CZ%_QD''I6E/_OSEO_]+DO[INQ<S35M^&$\F_B*XRW4/Y0-0;^Z@
M.;*@;_PM<8,^VZY[A[S[Z;/VG<@N?M(CFO[\;OST[?[3-\RWJOP-K-BW&RS7
MWNI;!_]O*'=[P]ZW\#7?GJ(I4#=_^?@C\!;;@D+M\7?#C3^56`Q^X5?+03A*
M^@_2;^/ZQE\UPX+U?"&B\@YZWQH+S71_?G?1?R<9^L_O;J^_*?V>\D[R+2-8
MYM>GZW>_J-T.^=\_?RJX\V;`]@QM'P+JC\G@*OCR/K#43;`N9)4I6M?HQ</\
MZ3D^+.<6Q@EB>C[BAY$-Z@_K*I."0*7?0-#!0O'M"6[\/MB&Y=U;Z!->Z?^'
M''O]-OPM_(./%W/MH^<W^WEN^RYVI)_?\*]7Y,LT=KTD=-T$=$O\H'>_=-J=
M@=Q;`W?XWGG!S/A.$,/_Q9``:%L`\]YL+P3,(X#=0()B#V"]+,#Z?84!8@QE
M4N5(E?4IZ1SU>=5E3'$KI,L&FVC)'5[!4CABLN$F;%VV%H!7V`KQV(CBL1,Q
MEY^@=SW"%C-^P5,0L-[9'F4CYX;CK9YA,,)NE=_O9*A\N7L"%A+@`H<B[50\
M(<NPG2S$B)'$O]B#EYQI(IL,&'$BB$\!+E4>R`B3`<Y[,%.R,.L-N'(J,A37
M5AW3IWSR'K=&7\ZSKRX=:PR:M+-C6>A^CP:NSZV-9@I<$1O=I[UFQD9ZUS<N
MT=1VT"/,Y7%=8VI,@G1,)G*?'N^_?/M?S>J$RO7YGLN,2I]VK.7!)J`E,&DX
MN(5XE'*Z+Y23@W3[[BDO>D1%:J4W#XG1M.7_HGG08V/U!XPN9<$J>S-/D;N3
M)_4$#E/$/3%B@\Z[7Y0.9$IV;XN?K9=-NJVW+I.M#[C?.IO<V7K?"MGW\+!]
M1V*S*12?''MQ@*V["AH=/9`!=DVV58-#$MHL03HU^(M8LP'MV5-'+M5A?HC_
M]A`TS1A[GF.\^-#1%#W;#V0J8".YG(H((B8_T((>@,L)@%R(E^GH0:$4"!-H
MCV>J2N;ZUE@-P$2I:E-,<]FDW7KC0V*;%=XWSC#YMM[[B!"]VTR_9*O<#SL9
MV:GZC%@:QRO--*_Q$V\TQS2@E7*3A&-('/9._Z(SO-A^&KZYQ;6HK%]^/WU(
M5M.%2HH5^9-)Y&%6$ED.6'S?>NJ(M=74QC@ZHAYF^-O*L&&9C`K1+>*"#"EW
M6JD,T)KT,K_\2WO2\LF%B[SQ-^5B]TXA6N27QZG\_86LCAH:+O+&RW0BOYIH
M\<@6<#L`5"X?.P#4J>[)V:NM>(RH.$*FT&"OW3;]U(!_B>)8JXO@*56XSR.Z
M;B7#>=ZQJ#IX7$GMCJ,*O!%5L2ZKU4E0X\`MHI9'5%C2?)W$+__2Z?\!E8UN
MO!/-&X=3@4O#W6=^V9L*5Y1.+F7"D??,&Q-3D4D^-<V)][P7U>T`4.&#W&]\
MLJ<$''0P4:<EV<Q0.PZ,GQD'TR+S77W9MD6\'2KY,:(HOFLA:X?_B_8=9BLF
M7>P[.[A+.X9.S4]OVK(";W_0R:Q2#VN3#EE4&O4KS9W'5U4?-$./1/<JF']T
MB96/Y=JFH0-YGS8;3A<]%M&1\>TSFFEF\*?X/"2ZCKQ;=0TZE-.N*!2K%M_:
MFLI/T1WF<=Q9^"%J+!S_#?,S:(,,5F4%RY<70X,VD_M@H1QO-4[N%=M-14CL
MSR.518+RBKNC;AU07(57W8_)!91S.NR-#MU[N/X#Z9YQ)GC`I96R^Z,SV%WE
M8-HFCPWW@K'NE_$8M<NH>:^4CZ:N#\8++'^][[4G[MY:5\',O?\C4]_`V`6S
M!JIGX@,]7O+%8)AQ2,"QI6=L;^=EI4%GN"U1=@`8#48.=%B$$,;M:S@N^2&8
MEGP@=J,,MZ-7`+V88:.JIW!JQBT9F5&->.7`*JO&8(^,RG32>1VB[M_R3I=R
M+=[AV*D`SMMP",BM5;E'5C&221Z3LUS;[9YM+FQ.%>7#@,TJL.FS!#;RN0]U
MJX*HL$*/^<!`0J93U2I50%-D4Y7"4MQ]/A06N@B&O@9;')9C.M$[$!@F$:"<
M:#4J\F;M1>_?;27T3NV6<JDKVRWCF.'0#=*Y3N7P#?(2-!RZ63JO*>>@YK:H
M(9+[S[8U>T;.`O)D8<TQM@./*!H!?3]]<`QK8BPU\]:ZP]M^?D/F*_J"GSO/
M#<6.^MGH3]'\-KCHY3V%H[RS_-FTBJ.RG0G55FJ+)=""TNWG-YL;D!3*M2T*
M4KBSLMC`30A^T)&9H@-[*XD/E)'S`P^5I"T##VRM+#HXYN(''<KS+(4.WEIA
M=,93#SG\`43YH+TA=;&QZ"ZW8\7/_BD/=,_^^;323-M;I0&BG-:3M.`5`D@Y
MQ:=EW2M$CO*P3\SR5P@=W7ZD2QW=GH!W4!V"*E.GG$O/H4+P&/GL]7L3%6)"
M.>I[1))/3R/YIWT[9N9\<^TZY$&$\K9/RQ?(`\6NXMY3,.YYL*!\[-.TUGD@
M8>HU<VE^\Z!!><)-C=(/V2S=@+JG'!"30\K]$?WED^-3.K_^B$RDN>C9WGXV
M\H26:F=;U7B!&J/D<4&7KE_8."[(L?:-<T]_N33)`;9F/DWF2/=-=#]]1$8T
M,R6L07$_V4X\1R4HS\0,$D].*5='N]ZH_.X7F-\2CF^!'TFU>C0LYL5V=.1<
M3&S3U)8N^A#]D)P3J20&:L/WG>C+\93(]J"7_H@>?>3-T+WYAYZ,_[PYB7+]
M:MOY<&EJDS\_+O`;$]]8/_`G3T\\&W_%Q7#]_(/<^T%R[+?P'S^D7]I5A^FW
M@ON(G-WO#;Y4>N0E^>=;`,^+;>H?@[?]+>"P\/E/5[_=7'_]?"/=_DY/WDEM
M>">8AVQK.YP_><YVP@X%57-3E<PDOKV[:DOCNVOIZ>OET^WU[?CQ]N:)4R(+
MZ2U$Y\>;V[NGKX_CNZL;3@DKI#<_5?\@\X-O8'ZP=)T8DB>!I27_7R733\$M
MX93L0IXW*9]%Z/>W5C0AUOU14))^]J``O0;#0Y\N#]I*+_\+HJ\=MH-V@3<$
M7SKH^=UA0)^\3#W<)*O`2>`D<#H[G.K81WW6:L2-I=K_[$%9MV)(N/4@C_+*
M-OV%)8WS^!@9W+=_4_MX+_;3E!UN6J]?B.^CK]6+Z65)3%E(].FA>B50K0#5
M:X%J!:CF2KTTRJ;7@=XG7N/>YKH2=1OUW8[W`<L_"[>[7L5WZONK5#6-7==?
M()TWO2Y$ZW2LW[J2D$_[-^(I[2LLX.F)J4C0G8,EA3:%PHPVA.\::$;MJ10T
MN!!6M&$IZ;CL4.2DV8%Z;3AHDDL6A`G;FZ="4(?CV0)5EJB2AL4"4I:0WB$>
M)+^!3D2!=,\YN1#ALUYLS[,7%^3O'TC[YHV_A/S!K\L17GJ0_N5`=SVK68Y'
M"2IPJ*OR.^T\Z/_3H@$QP:Z@P7&/D,,[5X(,C5='C-/(D1-4,=(U^UJ>+>7T
M4VL\\^?#T?+L91:9X=?'<;&@JC*+EG`=A2^9"?*TA^-8K6O;+BM7VX#_>Q[4
M-_1(M:@X($C5*YQMP+R7A[GNT0B.%!Q9+4?FNJ`GV%&P8[7L>"'84;`C/^SX
M7NEP9J_/"?W._Y2)P\J$/SQ'8=S$5BI?DB%T]7EKB_==WG2UX,CSYD@16PEV
MY(@=9<&.@AWY8<?W79DS>WU.Z%\H(KCB.;@2OH-0UARI"WD@^%'P(S_\*-2C
M8$?!CH(=!3LVP5J?%?9<!%8_D0$&\;_"R0:)&>UL!C"DISH$M_NB;X:W&,K-
M:-@R<*-+3::ZD(<!&=9[S%Q.N17O';B^?<749*D+>F!.!2M64BO.F!*R?<74
MY"=Y4&#!Y'IB+3Q!C6=2-I>;M992JRW!#]0`I>I76X(7J-E&!58;7F.KA1=V
MS>',7D?)M9;@!'IXT":VE:RX.#?TJ,%`%#<<LN*-/]XAKQ)>Z%&3'2\42O/2
M:RFQUN*\T*/M6I?B!J9K+<$%E$6C[<.^I?(R(A*F8MU:K\CUR*]F#B*^T?T+
M]LDT#\8?[)D`UJ.,I3K:!.-TYD>6AXNRU0RF!_(W7+(\3I27T.N7QXF_R9/E
M@:(<%%H9G<`XRO(X48X1%3:=QJC*\DA1;EFWURN!U8X!ENGE7VF.LS*L67#G
MDR=(^I3?UY<I2'9M)KWM2]MQ[#?\1_>KI2/G5U]S-+Q7I&<LDBMCWZ<\REZ7
MTC:Y=K>+'[Y:VL)V/.,_2+\VW`EW3$&YK(,]/)&QH?3^;^$"+5[1@[:"+-:5
M[SBP-DN_LZU)\`^N$*`<88H9#M@1GXYQ]*<O2,=^/*R(3)3?APB=.NI0(>+I
MN,,%0:)\8%DN%S/PZ0071(?V?-53]'P+HD.YN[WRK,.?NUL0',K'[5,YE--P
M<@OB0R<<Y5X9]7Q\U[88$`-ZP'FO2\77_#NT!7=/>;$R?G5#W=B"$%"^J]K9
M0W_.G->"^Z8\5FK7C?58P9W_77,,6'6TB>`!9&4$F/C[3Y[F$=:]]%W#0J[[
MA&9DM?&CGO"S)W@W2/]D6'`(CB$@C[5(;`";"4_']V%.^<3=03FSQ+5/S"T9
M**];51FD5+GSNKG%G_+K5=KDGH)CSRT!J-!!51BXQ]S%#MSB3T4GRHA![,9C
M>,(M":@`2.VH961@1P#TY"\6FK.ZGZ[]99<T-GV>:U;B=[?6(S(Q`OJ#YL![
MKFPWMY]HD,<EDYE)%_'KT[.#-(S0"N/VJ_V*<8//;)#AUIK:SH(`>KFZP@N:
MV;!Z`.$)30"$54R0"*'QJV:80.1/MO.DF?O@'U)A5Y<V`65P8T.!3YKA_*Z9
M?FZ):`H9J/BO.Z2R`*7!8R0-I1('32$(%8TR),BNO`5/.HJ8`1=3XL$VL<*=
M:.:3_Z(;KX:[/HFIE2ATE5-?IC+1)ZRMN",(?;;4IQVHL]!;W)&&/M%B2)IF
M:#",%#)FUMJ.9+BZ=9""+B]7SD=K\4($NFH^I,%Y:2I>R$%'WNS(T0SM=&4[
M2]O!KTC@:J!CF`KZ#+*K=L]&07%#AQ%]!*H.F07C#=)1_%"$/I9E2!&^U13`
M]HA<0\>_,#3SB^UX,VV&+K7)GT@?SY`U66T0A$(^/A!-??>H!*7">AG_[^15
MW6G2DLX&R,HY)<U.DZIT2H$A51NL<N]LJ[$TI7(1/7:^?B-U;I.)264SNN>4
M\3M9LE+Y$79DY5OKKJ..Q0(Y$XJH6ZG2!*I2:1;Z*N;):=Z3)BB=JV%&T`9H
MWQ,F[;!#IW_8R6I#-+`)+W`TDY1T8VRIBW_["3IV7>1Q0$TJ=30\IY3J"1&2
M2AGUSS,G>T(DI:]<G%%2E[PQ08FF$8].$)V!9CT%PM$5*0-FA&N`)CT%$E*Y
M'X8DY$5SUHDG?75<[K-+=A]?F=6))97JZ"D*U?WD)/1+G:A2^0:6J#99Y)_F
MMN,50%3.J/)0V2':3)DO#&9&@8;*K+:R\4)?&%:Z3((AK$V6^IN_?/AG3CCI
M2H5S-_+%<*1#/R'KY1"E8[*S%_,XYHJ@Q%]S,92;@==V4*DHJ=_KL#M,;9[`
MET>4BI/Z/;IAQUF*?GELZ0Y=#+%MJA)(-Z)TQU[,)/O@I`(FA6X3?4:R7QA(
MA1YL0/?\/4N1+PXI%2TQA)072=]]C!4D8&<S!\W@/8EW[\..OA!^0E)=%6A4
MX'-."?_R\-%MRDY,6K=OG0I,^H/^"?G0VS=.!P_#T[RHNAT"VMMG"`$GG%]%
M/F_=ORF>(A@3_'[ZA)8:7*H;3TBG3/=R]47[M^VL7YEQ7DG.'=W[Z95MD8F/
ML.??;V_V*JY=([^:*[2G33,J<#DQ?7/2U%.I:.G,5>6N`(D?JM$!V8B:`71F
M^K(9A*.C0;IQY]DJS6:0D(Y-V9&0%\VY.S!EVV<A^OQOR-0]>Q%TZ5QM?>S1
MZ4\%US"Y[H24KZ#]=MK3XZG[ZCFU#A!<`%Q`]V5CJ0$X,0'<H$WW.N\P/'TX
MOK[E!F@J^8*!/NTZF:-#3C<QEP?L`KD,38(7^^$.>;]JAN5^MO&JW7LKZ,1N
MD-[K8>OWI/\]MO2P^=_-]PE^XRS-X3E'D7_3D?'M,YII9O"G#;.RAB_X,WZE
MZ>MX$YD]Z/$F,<I5F8<$M`"E@?3#CTR[=+5NG(EF0H,FD#-[;L"#8P`[7R(+
M30V\3F>SZP4S`F:__X#A2L,N71_<&0CZU4R_C'XIGVUMWRS789=*LEP(ZM5/
M/6*B#J(7E5&Y6)<^"7+M)E=$$:+5"-JPYF!7UNP139#Q"H^]7*U_?EXM4>*"
MCX;]AJ7OX/VY"!ID&`<5&72I/,BH*IKYL)#[Z387(.DU[/($U=UGR;=WGY+;
M2X;Z&!U$3D;R+B?M['ZU'!3<@P=H`)E[ZQHYF"B>@<6G%&L!*6,T<;2=6$0\
ME0<[J/=+Y`1W[V,&>+8]S4S0ZM8"EPOJ36XTQX*ID1LLEWA-_.-O!GXN9J'5
M9_2*S'3GZ.@SM];2]USR`74?<]$71H=T&<<>/-<<])CX6+A+S'!$03TASS-#
M="PR?`BZ%`B:9-"$"L0ONFFS6AQF7A3TB5&,[N*E5J"C(W&,8])GM(#LH+.Z
M72SQE^$Y$2AQ1/4``UAM;'DF]LP"IED#A9<EB+@F(I4CZ%,9`H;(ITF:"'<U
M(K/W\#T?!\/6[%)S#3=2O#12@H0Q"7L9R0!Z5ET)K)O@9EP1C7%KI5<74@GK
ME0>\0ENG]X;_%&37L/KYC!TNPR1>UI-GF"8<&!R!G%1R8*10Z?^#?9.F&KP3
MHB>=+Z@B_&RN3CTA4M,=O.B6TJ45<9/%^HCV<W<J!#,.WHBIN:XQ-29DU??3
MTGF4[9Q"I3<NU,%I9J7.2#'PQ6)4-<F%LKY!6X'EV:Q%7E=8W-D6*#B4_RAU
M5TKS08,G7MDX%K'V@D%E?`8]RD4^9`-LMYR1,V2W92JA,E"HT"[_EI\=#0Y,
MUQ\\&DGI@@*JG(!:;(F]5$HK^J2>JOO:LY?ME'PPD3Y#^MA=-TL]%LWZ]%SO
M3@Z>S-A)12!42>P^%>"I`ZKBJ!(0KHZKA/M4)*32D>W>U3/<;*54IKLKT?TK
M<FZ6).(2N;:C$7+_#>#-I1;?2*5$HGPDRH3LW@@/Q*`/LWKT(-^R.ZB4"I2G
M(JMT9Z*M.[C2W#GV3>$_T&WJ%<L1<5RC`K5"99/,]D8?DG2HE,!!.V"\Z4H)
MFC&ZM<RF(5A9D__6^M<<F[[5_9N%0TC_Q35T'`X=T1,=4%Z-.NJECL(.6#RS
MG59)V`'MN@Q'G4([C=C@&DT1-G7ZL_8]"-HWS^?J)"3EH(SZE&>6M>!R6ZJ4
M8I0;,AA1;LC^+:T[A!]/RN@VB]UL:QVLL]`&*B4%W=60UHI;-W!D\.G^'WUZ
MOD&Q=5>*.=VT(PHY]JS[TG8<^PW2B5\M'3F_^IJCX2TD&^6,9PY"1_7]!G1W
M\0ZEL'+MI"(0*J4Q7<+0HUBS!`A1CW*X6';\3.:0<C9Z(RI7E+WDLMNJDHA#
MRK,HO"W-<A^T%4351Z,1W:A:Z5"9CN1*B^VA4H+0^8O>^I+)_CT$]=GKTY>C
MT8+.5="9_\W%%M]*I22A[P>K5!//W5OA@2!9]ULIHU5V!Y72@7(JE%&&LMJV
M@P<G=+>?/'ORYU&S$\-=';$RUEEJ(Y629%>;J+T;@6L)MG5\<HSHYK)#2E=M
M+K;X5JHDR(CN(41?/=V]E;&N&W!(KID/FH']M"MM:7C'.[L:T:<7<L:!:O:B
M2^^L4EI1IEZ59?I$ZI"=/2)/,RRD1Z48X\G$7_CDVO`UJ5LXFM\\HANK#'L4
M^?:OG^5^*R4J[2PH0RJIGG>_B;\31P/6XJ`YLESC%=U:$WN!H)KD#GGWTV?M
M^]&(3?L8]-E;OJU4AD.E3$!?JAE2'F,I()X=4L6XXL!X4KZ,HO8HAJ?76V8_
ME=*.;MFORI3"VK<?\ONY;>K(<8-9+$>BSX@>)*Z.%+IW,K7>,ONID#XC>I2V
MFN'B[-M/(DH86SI'U,J8+TTG?/>MGMU>*Z4D7;:=D23.M]?ME1WC!=R0^@_2
MB[1-8K9ERAOJYZE.2>V!^<8KI37E%@TZU"E2KHVG3SVSRK/XH#CE$G6[L8^?
M<P_,-UXIQ2D?J-O?<CA_X,;WLTG<GSG9<Y0++J"+9O.4X.W=5RT`5<HM=.E*
M'L68$Z!T9@JO\]XA=R)TXLD](.=ICM=>([-T$E!LCH2-EH,AV99;V[8#UKMF
MS`&I7<NU[)I\P!W['F88X(T::9SJ1#)*#55UR:J2W<0.6SVKG3*FZ\9.U5IV
M>NNZ_C'IV<W8Y9[M!4MFL;5J"=BK;FOWON=ZF@4W+(Y'NG[^_276S6R3U1)Q
MP'"3B0,$WHSG\``S<L#RF>ZW2K,YJGB_W!C,U`3(B(&C0K[LPZW=1J3@)BN5
MTM1,QDHV>60SJ62Y/3`3O:<,ALJ.#689E`*;JY9Z69Z.,A@,9:6K[J)>UN92
M&>;@8\>C6I9S,QQU.Z/A<+`E*1XLN=2>JB56EE<S[/7Z2J_;/V!/D,(X\`@G
MJO,.?G.\\[E1QCC!9$:FZ':J!:3*M`,]7%#IL4-D+>^6CK^"],1-_WB&POTT
MM>![RUQ=&^[$M*%)R3/&Y-+$G+>C%40WU0HB<[3B>K_#=[_\P_0^ZL;K/V;>
M1_C1(]6.KK<RT<\_O-B.CIR+":3AEB[Z$/WP<:$Y,\.Z\.SE!Z6S]#[^(,7?
M=Z(OSY$QFWL?9*4]Z*4_`BK9=/'V?OYA](/DV&_!S_(/T5??#-V;?\""A[\'
MV[S03&-F?9@@Z,7P<;TJV_EP:6J3/S\N\&*27UJ_;(J!BAX+/U],M85AKCX\
M&PNL;>[0F_1H+S2+?.["Q1;SPV@9?.OB+=C`BVWJ'X.7_2U@AO#Q3U>_W5Q_
M_7PCW=["FWZ"+T6O_<G3US\ZV\$9GB0R7RYOQ]+MW55;>O\P?KRY>Y:N[K\\
MC._^^+$P4"?+15?W=]<W=T\WU]+E^//X[NI&>OKMYN;YZ6R0`A'(`N;]K27A
MKYK0C$9"WR=HB1],8BL<@TI+Y$3_(I,/W.*LI;8IO%*X]`-`<P+3WR1#8CGU
MOZ';D=M*@7?$WSOH+:/\+QAQA-&P`#[#0Y\N*_F?3K[##3J%7A%]+?,=N\12
MD3/TV)X]FVCJY=PQ.WTE[5)`E:P]I[SO?T,I:=__^%VR'ELH9:>%"B`(W_)B
M>YZ]N"`?^4#:F6W\)92B_#:-#9<<9/^QJTZ"$DF56Q)X['G8B+E2.8P,O78=
M5.BUCT8$M1KO2]T!:E?N%M`)\;?*P"1W#L4IO$:<AT69:HDL'1H^#,>B63P(
MOR[(@+E]AT(K.8#&A7V,_<_.[6%P@G:)Q1P">$&?I;G2GR7LB>*9#UQ)?(TQ
M0,.DLU[_OVY)JMJ#/LCYZ7;RLTAG6)6,?C*^(_TBFJ8KN>L>FG-DZI+F2EI4
M)7<QM9T+5S-12](\::H9CO1*;E:\UZ+2.(R`ZTE_[P]DDF/Y^Z"C[DRK-$[R
M&2+_]SS`;*H5!Y@\EUYAN/)!3RX38W"HMHY'5FK]!U&VPO4/E"'3V$7HW%U^
MD30)9L:F->I)J<RF:#5U9\S>0*76++VC*D+MU*=VEL$-&?#O)O$=F;U^7;?;
M"_RZ;O_$_+JF*"G,'D)+'5-+#7I"356KILC=JPO,2`O)2&BL$N&HJ@P"M24/
M9*&VCN);*0.AMHZHMC#C"[55K=HB]9Q)C<65HJGXJ+7H25>1]1S7_^),C7%%
MU])+.K::9'MJ7VN]3F/J@1B2BTRAY%WE'ON@N^A*CJIFY59/X2T=QPD]2RSF
MV.I5;JF=D5"QE:O8,XEH16D%1Z45C2U2@L%5)#LT@1_0>H055\[$N22*Y$Z'
M,[-_9HFB[D[\ST<MK`_+<(`AO9$1:!<VS$"3W,00-*$DCI%-;HUZO$4'YZ4F
MU-9P)!1%>/,CN*N/U01<UI<\[3MR6Y*%/*$;CJ`;1OV=![1",U1=/CAB>]+4
M6+T0G`=IY+X35YJ`JR.#!A\%R5W>?!"N*-OXPR#6H9#(53(\#B+_W'?9-#@?
MXE<%'Y"]SY(?W?9?3)0I0&J#;T+4ADMM5N,@)NVW^D-.JPH$?Y8Y>*N<11E!
M<R"7*@-A#D_[Z(YB[32WKGF[O!3G-@0'+:5A!X*\X%UF->*8L:A&30Y`AN-'
MT@LVG$3U#VVQ_/@W=?11"B=J<>6]BB-^/E)]0O8.=/02HO9!B)(0I>.+4M7.
M:0/O3R0.W+69@Q!_!;WG<H36ZX@CM&,FGON]G?D@H6P8>`2V-0NNF.KH11S4
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M]?`/AC6[N+!L2^3RCY'^NN`L&CJO//Y.](7>*@_PE;U8V%8!I=7MT%HK^ILR
ME%MJ3VD-AKF.W4])9PE_Y8S\E68F#QAJ$7!7E,&@-9255E?-U57KE(3^J(X*
M5KK"53GF.=I`S#*KV%D9Z[KA&;:EF=A3,?0+PY(FVM+P-%-HG"-H'+4E[Y[?
M)W1.Y:W19%G,"*I8ZSPB3S.@%R/2',NP9IQ-E#\7;:.TACVA;8[JX;248;-:
MJC=0VXPG$W_APY!$7;))@>7$7BP=-$>6:[RBJ//C>]-VW1])ZT?)GD(C2/C/
MW_O![#$E5PV'4%&L!$1$8,?43^^'_9T3]X1Z*H_QLX,TUW=64<98\\C<PXN+
MX:C5[8Q:PV$P_G#8:_7Z2JO7[8=98:X4$E>%8N76<U2%]UYIJ;U1KC&7HCZ<
MX^*^;326A\U2K&>5D,]1(^YFEA:AH.\/]A^_7-Z.I5MKTN916S>M`+BNE?-5
M0:ZV1LK.()'KXDFN&.B<*\C55M/.4X3-V7LOB40&NVS0"9F=$VU,6QLN?%DU
MT3BY(?Q9)S3<&<URC9.%Q6S>G2O1-;E>%2NZ)N_UL^.D]FA'4KO7[><_G@B^
M5)/O.D=X)Y:.+!?ITM2P-&MB0`;%T[R@721V9&W?U*47)#E(@Y%L\(5_^]8$
M2I2D-\.;2]Y\YZ6-,\46PT3L,3GCS(06X@3+]O";X`04>3;Y#?Y9TB9P'*I9
M*\.:!1_9F:M*(/R31_IA1?_2C=?HY\2/Y#/1OM>`F=K211^B'SXN-&>&D<,"
M]T'II&F4CXSRKKN)O6ZG"!T[M='QZ>JWF^NOGV^DV]O"7#X\46R"3.K=55MZ
M_S!^O+E[EJ[NOSR,[_Y@FT@_$;2N[N^N;^Z>;JZEI^?Q\\T7C->3=/])NG^X
M>1P_W][?/9T/:L-MYS"WEH2_:F+CXE9X&E.E5]749RNC48'8(?[68>O/_7SY
MX&</VKD?'GSE,/>T5^2"3R^'`RRPX02;0S3@4=$1ND_H/B'?`ANA^S9U7P'%
MA]\]<VS?TL/5_.T3^5^U6NL47[I=AQ9Z,0OE6FS'!Q6S#G?$5/)P5$N-7OR>
M4I$8D>:#`M@_D.:X$K)TI$O7:((6+\B15+E5/$X3\BKDM1YYW55\WE.#E==:
M055HK]%*:Q)XI2/GJP?(AZ*@/__T5P7]SYK^)1K<;DU(=W?00E5[!2+Q^%OU
M9/(?T2NR?.3F:E19?1Q72/)*\6.!4+#^13*(MMDK)D$^03Y!/JXRV9-#>BFK
MBEK$/BD,#/?6ZM$[Y$G&>MAK<'F>+]/$1B0W&?YH%;AT6O.0,EE*$ABNOYL_
M4#N.FA2<4#$G]')U)A2<<+J<T*]P.*"PO6O;.],,RPV:U2#W1\FV$O6>^"^>
MXX<%GYXTU8RH^3`4>TYM!P-N2>C[9*Y9L[,PVLV2(>6\[6JSB"7G:TTDB'5,
M8KV7Y=U-582!8@'S[3HP#`R4Y*"@\9IG![W7+CQL>RX\M%C:CN:L)&.QQ%:*
MF"S.$IR-%1NAA02<C8"3*YU;BS[?=3"HRD6NT\;?XD^?"W7.FQ>4;_*24&Z"
M5H)6!T47/:4YP84P=!D4O-]CR[#=F]@SB\SK,BRX,YUN*2ULG?"U!9SG`^?9
M:/3:GLWL5AQ#J[!C3H!0^'5T818.MJ"MH*V@;2K8&HA8Z^PM\T85HDA.EM,#
M^4ITCZT!A'875!54;095W^\99L.5N6YLW45V82!>GV'-?,.=$R-I3R4=O7C"
M\O%V?"`*R9I#JV[^.\J"6$<S/@TZEFNL[2%'9V1JJH/PBN"$+&V*A,%I>LI%
M&*C3I:T(NTZ7MOW&6+^3>#:/B=)@8I@3]A`1IIBO`8!5"O_NN45"LY\)&\@=
M<:E0\`&Y`=>M:%)&XUMLW7Q?PE0B<0.M]I,&H8D$\&<+/%<16'/SCTOD:'#0
M)90W;_EWI2=<S\80JS\2Q&H,L;JBVU+EAN46&E$B5Q1,-#X/+G(@ITU=X6:<
M,'5[.ZG+E:D[B6?S>XJ%PC2=,,CGD[:6%1&6"#[`?#`0+IS@`\P'H^:X`XV-
M?'_5#"N\YRZ](.@;'%U^][3O^&'031C]Y1O>"IJA(,VQ#&OFP@4#UW]Q#=W0
M'$.8Z5.^MB/T;5,).^@(PIXD8=4.XYMVC:COR(+BP;%?#=>PL0U[01::&MZ/
MT/P^9<.$<6IZ8NB]W.\)57;"]%4ZNZ]O"?HVF[Z#H2RNYQTCEA.AVRD[@G)G
MY[4?H36;2E=UYWAD0=>&TK4[*#'V^I3"MIO8+%G(2W?;Y-L^E7#"A+=XJ)3T
MF])X0W!##;90'@IN$-P0/F[09VM!3Z*,YY1+A`ZZU'>WZ41PZ304/*W7;?_%
M1)FBJ2;7/4%0Q'PBTX[K@>S8VJS7F(L8@H4%"V^Y]]64WA."A04+9T<8+47=
M67%8A5=9C.5+NH2G^-+M#FJA%V=XK@U19VEQ6PNGFL^Y99&+9;04!JT,!.+G
MAWAD@D\!<V%Z.'[IN9H>'F[EEWBQZ)`C8#X3F(N?*,N[BI]ZW4YZ_:6BWN!I
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M_A/![/'F-_RGV]]O`,[[+S?2^\_W3T]G!.-P2Z+R_:TEX:^:V`[M/N(\SV-P
MM2L7*72+OG78^KL%7A%]J8Q3RLKW[.1_?/@=@4\S\6&=#F.,D-!50E>=C2P*
M?$Y85XE4_![55NC%'.B\.%@8[H@5Y(%2M@KX$.Z/7E,JOB!/."A.^P-ICBLA
M2T>Z=(TF:/&"'$F56\6C#R$EIRXENR+J[C#K)+6*[E6'"%-W6)\D*1TY7UNS
M$.[#P1+4K)6:^2XI"6KR3<V*+F;N;"'0+W0QLU_EQ<QR-REJ"A@J$B)NJF\[
MQ7=Y2"WM9H!SQ`L-@F'.G&'R7A\0#'/F#,.^6+^QMOH>2B4DJ(YPT!Q9KO&*
MTK8[WXS#D\N&%N%4`9``B!E`YZ.*OEH.PBOY#]*EF698;J"`$'1SL23M53-,
M*+.ZF-K.A:M!O16:^([A&7GGL`H.$P`)@(ZJHZH\(C\H3:7V"G5>[%79>7&[
M_M,<PX7*51WK._P?J&A=(L>P=:'WCAE%*/D:)PK\V>+_7A[D'#H@*,!8`OH[
M)4"8!18@,^].7V_ZJW@G,[924V(YQY:R0D>^@KP-(2\V8UQ:,4%@1@16A9&L
MW$B2@9\<2U'5AT`G>DZSNZ)"T+2!-'TO]W..:1%4Y9^JLKKS")XK(U?;L\7]
MG"(YC<;?/Q'X-!@?KC158]WQ1S0Q-=<UIL9$(QU/-/W?ONL%;3H@>?6>G'#\
M*`4G')#+,GVX'I(US(-'9^%L4KQ*H0IU`;^`_Q3@EV6Y,6YM8XV%..`X\P1I
MOMD\@KJ"NH*ZO%!7W7E71QA(<;@A4J9;?,N>(*D@J2`IWR1E/&Q7G&N<;5Y:
M7$(0`#7KEL:DJ3?)QKLNBP7=UVVX]WKAS37KPD.+I>UHSDHR%DO-<,@IA;A2
M)F11`-0@924R!QF*\'Z/EB,#$OQM]\Z$"A02+@`2*K"9P25#-2KNWS+C;X94
MN1#H'S/7R65I_MG`K^X\5N7*=#36>Q:%*6=^N,VEA1'4941=<:WZE*F[N[6V
M,)"B,*5&^6G4D3?/5D]0]-1*,`5%B[6\;HQU:U[FD`/AX#N/(0`2`)WF,4=C
M77%QX_94,KM<IB7.!GTN@Y^S05\5UVW%J8;(C%:<&174/6'J<FG`!'59R:XP
MD.)40V1,B[B6@J(G1E&>+9V@:*%3#=%$5)QJ\)"3%@`)@,1EV\.4]B?;P=NR
MI(GO.,B:K"3/T2S7)*<0XA:M$#(!4(.TD$@(Y-1PXLHL/^'#>T45!#@J`03^
M1YZMTMM)`*[,@8B@S_H@9?]R>/3\!/X"?Q[P/Y_T`CF-"]IUX4TLE@Z:(\LU
M7A'_)8N'I^#Y9.MJ%W[LD_3.0/",X)F<_G6WZ;,+!=?4?ZJILNTAW`A33O[Y
M%NSBQ3;U3&2NSLF>Z[;_8J),;E632Y\@RT-./D%CR*U_SX,\$RD^%)@CBW%_
ML'..MV!*P93'\&(;?K=;,.4),F6KV]^I*T4>^D3RT&L^3K/FFI'5VB,(1BOA
M./LI4!>HUX9Z\?!4WE7GT>MM:-K(F..5S1S;M_1PK7_[1/ZW>P/!T^H)6I_G
M"._1TG'4BG1I:EB:-3$T$[].\U!PW]Z=V[ZI2R](<I!&KMCC+_S;MR:D8H3,
MG_#FJ)JDP(FBC@$DKA+&>`OHT,K>LCW\)C@K0)Y-?@.]FK4)'!QHU@J:-Y./
MM`_$_B</IHC$_]*-U^CGQ(_D,]&^UX"9VM)%'Z(?/BXT9X:1PS+Z0>FDJ4<3
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M*#AS=9"Q>/$=-SR&=7#T;KRB9HS&9<+^[#`M4E%8>]G?ML6S:2M<E]84K%`A
M*[#IS"A8X018H?B<*F&(#T/XUGI%P:"7Z`;5^9G@!@F$TF-SC:C9VK%1!-O9
ME580C#>"R?+..U'"Z##`^#[.4:+O2ZB$=J6E9@B+PZ,\O%=W=P43&DQ03%"L
M),6ZNUL?"J/#)-+QD(-C'6)J6F1LI3W%04_XVXF-(R$'[H=XMK1T<#!D+/D<
MY"+$9<2H4ZA0<()B@F);FE5U9&&3JK=)ZZF9TGLP3#]RG7\K45E4JQB56.>1
M$]ZC1JE)P0^59Z/$P>A)$UA1=I8Q<V5E3^+9S.Y8LN.!.QR*3J",<PG#M>$2
MRWO?1=@5>%EEEG-R[!G4T4.4NZJSQBH?><BF_QM_Q8J"R;AA,D5E,SQ7^+3G
MQSJ=G:RSRSGJ"\?H6(Y1H[P1_J6W_DX._)ES025!):ZH=+;7"PU2+]J`ZX4<
MG."<F"(0B`I$>4Y/-O40\,%W)G,-BB#MJ:2]:H8)+4$OIK9SX6HF"E4NN1\G
M%"V71^6**+AK&,F4X4"0K%DDZ_4[HB"E:EOTA`V.L$/-E!"EWZS3G+,GF-QE
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MR7M%Y/$:1C%5N`X-HYC2V5T9*8P1BULUMFEJ.`323.F]9_\87*UQW[0EWI$/
M'0F7FN.MA!'B4$#DKG"NFT4P110T-(I@[Y7A[OL4P@0Q,4&6YQ@OOF?8E@L]
M;UW_Q35T0W,,)+)Q'`O'[EL00IWQ1C%A?1I%KO>RJ&.HW/B,]5?-FJ#FV)WP
M>4UI"M6\5D_[Q(X[12DXHF*.:-882,$.58?QC3'*)_'LAK7)S6I+Q+$?(3J8
M-DGUC!K9E%_P6)-XK&F5P(+)&LAD<DM5=Z:C1$==+GVH1CDN_,MO+JP:U5!0
M4$E0J:%4.MN.NE/#TJR)Z*A[R-'0B2D"@:A`E.=,9E./%Q_B`O]URW(HZY>T
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M_RX(<F%@*?D!_>4;KYK):V+\[(^,WG>;/OW@1`G3'3:;+$*0SM0T7&W3_]*%
M]()FAF5!HM.>2BND.3S:A(9%^\V+X>5N(SNS"H:HBB%&S9KH(_BA\M/SPCUU
MS\:4(OQK_HUHP52T;OLO)LID4[4B<6)'M;_GH0>3S/VA<!U9JCN--/N"A04+
M-]QS%2PL6/@P7WN7:S5J#T0EFC@^38A'FN/7\E&5=B@@P3F6>+I'<X).@D[-
MH=/9A/>/:&);$](RP;`MB.:MX%C57B#IO6F[[H_00\[:43EL+Y&C>6+4P2'G
M0R>F/02B`M&RFK-*-WC2T"N>=YLZ^'S4Z7&C;VY"Y%Z_6>-)!3-4.I&A62D_
MP0R5COM4U"[3HTEA@6F4Q_J__6"V0]A#.PB3D`B/^'4]ST0/"D0;C"A7RKD6
MQ:_L4OS*J(CBC[Y52;W+7+-F"*MXH:.%1A&(GB.B9Z.CFW<"S4[/WUH><K`;
MC^W2"GOF$\R?V-7'?CXR7K474\S*X3'V?:^(+L0-HY@L*-8PBC6H:_1)/)M#
MXWCE.PX,[PD379[VG<]F8&<OK`-Q,-`H>LD-:])Z]@3K#80Q//P81\T?B$=?
MJH)X-W_YAK>"AB!(<^#*-YG2X/HOKJ$;FI.SPZ60B,`_[/;%])Z&D4R6AX)D
MS2+9H+][4(DP/5R;GFL#Z@`LW96FCKT0-J=D`932$^JK40231?EBHPC6WYE(
M$,:&:V,3E(N_HJ!@38*R-`1G6:8&0X(\6[*].=R4FFO6A8<62]O1'!P6+9::
MX>2>%R0$ACQ-C"43Y!+DJBSMMM-]$.:(>W/T?J89EOMC9(ML*QHPHYG85+F>
MXP>UU9HG3;$5DEXUTT>DS]34=C`E+0E]GY!2/&&;1)G$Z5-,E@7%&D4Q>7>$
M*TP4UR;J'@(B<FW'07@]_X$;.RF+):Q.`1TF5%BC""9BHD:1ZWU?'`@UU^)<
MHRER'&QGUC5UT@NRT-3PA*TI8&L&NZ5!J"_N2*9T&C8#5)"L+^\N]1$VAVN;
M\_[7S20<7IEAS7S#G9.3(GLJZ>A%&"`1[)P^P;JB:K%9%&,[?T-8GOKS:W'K
MF_P&)ERYF&]36?Y:;90V%/Q0,3]T9<$/@A\2!8'"_#;7_#[;GF9*6KJ''=6Y
MKK!5+CB<A&/YK'9'1XY\U&'#@E7!9DUD,[EAZ5W!98WDLE9'W:W.SL8WJ>W9
M''8HN<O9<?>,--.A,^`F"%J@G41S[GH`.W+"9C@43"R8N-E,K*B-3#L*)A9,
MG&#BSDXF%OXGM_YGHU3-06,.F:J.`N(M9F8*2@E*-8Y2PD8)&U6N)JEF(3E=
M'24P%9CFU-#]`MJY&/0E5>LIOG2[HB_TXN9:@.,.=RGTWJ8J,0&U@+H"1W_S
M>\EZ)WE7P5.OVV%H98.GE<W4D7^]!3M[L4T]NS!JCO`6+1U9+M(3+6E<3_-0
M4"GESFW?U*47!*T!X+HF?.'?OC7Q#-N2W@QO+GGSG5UI!.8IS#%\)`E,FM%E
M0@YM?RS;PR^"LG'DV>0W^&<RF(F,:(+37/*1]H'(_^21*4[1OW3C-?HY\>,R
MVC(-ZT)S9A@M''U_`*3"?P8I:?(;T[#01415I228<B<+S?"EH!H^K,GU=/7;
MS?77SS?2[2V-Q3+?UKJ$&SG:W)?+V[%T>W?5EMX_C!]O[IZEJ_LO#^.[/S)*
M/G+NE3,RWMT_WSQ)S_=X@W?7-W=/-]?2I]N[\=W5[?BS]/0\?K[Y@K?_E'/;
MQ(PD-BVKO%%8;DM7L0;^%*N#IU@=E-QQ?2R=O;\KY'@:MAJ&-;6=A4:L1M#7
MS/9`@TFZX4Y,V_4=_&P+/F*:,*-@8OHZ:0^0K2.7#EIJ0?\`HA4='7\&!?8H
M'%\'.G+IX"<92Q,_F\*QX#:#;<V0A1RR5/PVM/2"E8"._FH9\"]"0#)@8;Q`
MCC'1I+GVBK`=15;"Y-J.9"\,#W^A+=UZDH'MK3^;(9<T*IUK'CS1W6NC]QAG
MS&#$:/Q#6RP__FVHR(./KG28&8)OITQ1AKW)Q8ZCHS+C,[&A41&49+/EB:D4
MJ&MKTB;P&BZY4ARR"OZ5`ZUFO=02B"A@9R5=GM62WN;&9!ZQ;U(DI#G6)>33
M^)MX*=H,_K%N=XN_ZR+GU9C`KVW?PP0-GKY^/=QQ;B4[Y&HS!X5$-US7QPSQ
MLDKL!=YD@"N8Z-K>(K]=VJX7/-LT-?K>="DT"688&>1D+I6\'__1>,4ZY96(
MB.=@!+,\H@9QZ!IUH@M>_HTF'MQ6`$%TM0623.,O'Q/!6TF.X?X9,!`6^$#+
M!BSE8ES<B6.\A/HSTK1R]*!"^J`MC8DZ8TOE:S1!BQ=,8U5NL7TRXX4J';G+
M]HFMA(C-L?:FZTM*/;X[H@ODR@&*/VJ"7<%,0&I-@?7F6"*P<@JX$K.>B\!R
MO&J&"?$&="_-T']K'E[Z^'<N'3Z66BCM,I5Z7%F%PI_/J;2E)[Q28XK=$OR>
M\=I?>L`J8))9']PHIQ,$BS'S$S%]#]HS4IM*Y^.#1N9";NA31?[X(Y80!^PD
M,9P)ZPP*.6E'0PL'ST7!>*X%\N:VWFPK%CG]VB*8([UV?1TT,;&6P*P7&"?L
MX6`5L4*:XR;,4;9#BJT7ME(01D2&;!(.YL31@(O_2Z*+MO0\9^R)L%90"10F
M9,U<ZS]BG"R;#$C`S@@V`![<IV0.R2NR?'`LT?<EQ#K@8A)STL+V0GLQS-`S
MQNSBSK'<@1^,TEP32A`8'>PR2TOL'=JZ&W$'*BU4_&ERM2UMC%9ZVCE:J5%:
M_-IWP";Q[\>Q?=X=40E8]3WX+]@:ATDA)/WJ:PXVUPA)OP4A(!8&8I5TT":0
M"R$AF09^F*2'7`'.&F/'$AN^BAQ+K-734>>S@U4DVY=9AK^(`90^&PN2K=$9
M6XP)8_68)J\>BSQ[ZM*3Q9C3EB_W_+B>4E4ZCB[);[2.8\R4M,9D+*Z,GU>E
M-F=M#C.U.=_<6$&X^$1RL/B#5V'6`R/2`L]T@1QSQ7C]]TL<O(/KRW@38TQ(
M(I:/R+5]9V,[C&E:N8A7:37I[D"\RQ#!A>TCK[3EE_'5VKFJ17%7257&1O0P
MJ@KOI2,S%J>&V@NNST/JE<3>442Q)-.1!X\AAQ7YMRWI\^>K1JO$?N/H0'"Y
M\1T[),5X\I=ON`:ID(C#_UHQI%M+LL>0EO:FISJ[;>D>QXHSHAK9E?-0;P_>
M%AS+W*X+#\9QC43#LZI0`Y-94/'BNW@)+LF[9U<0N))")(0Q`[-.)Y:I<FA!
MW0646_D3+ZB#P22:9Q3#O,UMJ,JQWRS\L?A$;Q4?ZL<`?X$:G0!AL.VG=P;1
M:TL/)M)GS`[)MHBDCO&#,B,H)FBX#,(AC:=9GA%4$)HF6!G@63NAX;;7/L$P
M<VS$')3@2\ST2T(%R443[)9'I4"3&#-1P,,ZT\4^A*XB<PM\E1@JC#D@P2$!
MS^AI3@DJ1QWD+M?59V[*:C!.EZX96ULN'?N[L2`*FNU;6*=\!GPG&]@^+O(Q
M@>69`UG1>6(K8F'C%9DKJ`M!4G;%3N@;Q/RO"47)5@>%Y=!8II,ES1CCA>UX
M,^P?7<"]+?"D8M742A0,)LQB4'C\M?V$Z>D@S?6=%?G-S'Y%CA7:261-P''#
MX5NK`B7]ID%-"=91#OZ*-$>F'BC,A?9OVPF6]J)9?T+%K*X;P4&7N0H4<9K_
M8O6[L"VTP@]P_L01ZC8#OM,C"&\?!!57_&>XJ\HC5*&?JDKN"RUSCNY8RB8U
M.OO_E:@CG7%Q)'VC0R)W%TDJ`ONBR:LIK:1V#"^C8*7IH"A`(A$\,LCXI76L
M9`<%MZ3J&3E+S?%6.)Y'H0:=8:4Z`ZL3JN/8;<ZZ;9)>6WSCBES52#T??9\@
MI./%03FBCJ:&1:YX86Z`0D81F[%V.;C>[YH5(P<@8?.#.XP;(1OK%/1H5%T2
M.B4GL0ADU:.6>B7K<X)SET#FEF['842I)Q])9KH5%GD<362:GGSN8\LYG1JF
M`0;[LZU5?S+TH*U(*XUF9Z#7H)D$M&6PJRA0)ZHP_9?H=/%7TW[!WM:GX-(R
M.=&6WB?N1/WZZ7/R(E1;PK^0',U@?8F&<<DVN84-U]P=VY\%3AS<A2;E;Y"G
M0+KA+RZP8"[""_%$Y;QJ#NG%LM"\.&T17-UFG'+`/B9K]0P9`]^Q6M(L*KI=
MW_LF)U6$<B9B7(?"^)HXH=32L0/O.CA&<1'K[.<&]6/6<`^MY8HZ[OSS)]^]
MF&G:\D/<]2-N^G&[;I%Q/PT216&>Z-XR5]=QGXQGK%8N37ORYR___5^2],_%
MB_'AS@<OXWYZA6,+PWORETO;\<:6A;XC<IP)FN@137]^]^GQ_LNW_]6LCOP-
M3/ZWY_MOV$=1PW_=6)[AK;Y!MZ*AW.T->^^@-,)8:*;[\[O;NT_O)$/'/UQ_
M4T;*Z)WD6T;PU"5>U;M?Y'_^M&\MI5?<3:VXFV?%:J?<BL=18#@F.;;[Z:T%
MU-`QI>[7?1:N<'"G/]N/R"!_==*;&3]]N_^T<_W?0O[X1AX4K.C1</\<?S?<
M;W@9W\8N>6M8*;]Z1)\]_0MQ,M=?#;Y%AOY\L6U]Y9)O1W\.?G6I:7+XD>W?
M?H)=:8[^8-M.^B'IOXR33TJ2X**?I("<H,#7I^MWOZA]M1MTQPHH41#C-9'"
MWX%L/J()Y(3!>+E/X"HB_7+U&7E8BMV(UL%K!(G6)%(H$BE)`A7"EW<9`FM7
MA#YCM6[JJ)O4P0",F`E09)JV$%E0(:1"=Y,*_8@$>Q#D3A#(8/KUXP^#'[X8
M_%-3[IWQ"]Y>`0K`4Z+?+N&WV!^S?-?&2!&\X%L+\L!]Y.AMD@/O_?2,RDF0
MJD_KKZ89E^V;&]!J83AH'"-NW]^0<@VZC*@7J<T[Y*TK)V^#X=PE8H%O.C*^
M?<:(F\&?4IH_%6#MX]O1YM:[W4V5G['V,IO;&YHQVURWL[FY4'M6MSDEM3FE
MRLU1(4?_\,V1V!!YOVJ8L3_;KHO<>RL1K;N>XY/BB['W23.<WR'O/+;T3[:#
MC)EU\WTRUZP9'PS<I=QZ)26[I7=9#V`U"@7E:<MR`P&K4=`HI_A"3H<FC""+
MI);X0\_X#\]H`65BSNH6K]-PX#G!*]9"[8ZCCG13\%Y,]+0^.N)"/"D7-J&>
M&&VT;O1JE%7*JVP^>C4*+N6V]I1-"WE\$!]L!_+BMQ;Y%NS,07-DN<8K"BPV
M?.,27HF>M>^WI%<N]J7#KXT]SS%>?-(#_]F^LRU2OV.;)O[(+2G@<3W>503E
M?1>ESS&A/#T.J%'-44&(X``>.*`^5=VC(K5!*4W=;#Z`),/,,OZ#]%OK1G,L
MJ/W$/B87VKI'A9TE:;1EL\=`L3Z-UZ.BUM-!L4:M086RO1$+M7$0F*F([^8[
M9(I]PYW#<^ZGU^B%$W&E@E=Y$Z&]&V&W[QH%C(H[N^H1-UZC3%`AXP45].3<
M.!$ACG+6/2JNHW@ZL>0B>ZF13_<&/\5W42/340X\=6Z\=2^/87ML+EBKO\T/
M39V`!PO.O8WZN*I/.6ERASK6*;R/^OBJ3[E)%[)\X$;NE^'Y[4W8=9T/!J/K
M7'J4J&RNO/C&:F0YNG2$]L78;:Q&'J0]"4HE[-E8%#.&?^6#$2D_(4-%;"R\
MZ*YJY,(,UX"2+T:[JI$%*2=![N7;U97M>N[8TOG2A937("N4SMA<>>%]U<>$
M`\J)D`>4:#';5WUL.*"]BA'%AMG[@E/2S<1;\.]G[3LBGR<33M;Q]OTT.>^#
M"WX=T-Y(+W4.7&:'E>-4(_]3/L[%VHOF'J<:Y8DN+%`[C!EJ;1W";X9R>8DL
M-#7XR%$-*`_K0NYGV+?,'93=9HUBD969H7(S%6VS1JZF7+"+P9!*T.S<9A;K
M-\$^T&Y:I[]+G(MJNB;8`-JW2U^W.3H6]4G$D/('NX/26*0%";[[R;$7R<_=
M(>]^BB6,"]D84KYCMT\EY/?OA>'>ZY.%(>4WRO+PJ'NOD?<I7W#0WV+S#M\[
M*6N.OL('>U.N7(].?Z6676Q'-3(MY90I6XKGR^VH1E:D,UZ*FGW9(7M+VVI)
MOEH.TDPX+@X'Q,#Y&GS]WEI7A8P=P\5_"N:*/)#YG7']"1\L3*?.E.Q3G"H@
M.#[2-8H6Y2=>R(/LPH73A+I&F:?=T/ZI,#4OBF-$ISLIK5K!WH\);GVZ8D3Y
MS5A7G#BZ]:F'$=T3HG+M4#FX7,5]HXS;9MF7,"I`X.@XUZ@G,BZIT8'6R0)=
MH\J@>S*H5%QT7)SA@8\P]\MUC:DQ(6VWQOJ__:#(%4+L\?W5[2?;>=),=#]=
MOYFO@&24D2^G4D;58<`!UC6J#SII?V98UZA!,L(_.;N"M8E@<Z,^J-#O@DJZ
M5K'YH\);E\8`W7"&\-:E)#"\=-RG'IPBXAA?CH(3#')&>3%=C5L5!,='ND9M
M09<$G172-2H..A`<'!P',D(:SK1SAT`984\R*OJ7X<WWW^7C*8+!M,AJ?L(!
M.$V@4HVZ*>-<,!(8#C!J`K%J5&]4H*H.!;'BA7"C^;*N-1X5%KXI4Z.VHQL^
M'E]^N*=/?0I.ID]354$@O(3QU,.?X$2_R5E=4(Z/30-H5)^FDZGHG@-/H4&4
MJE'G[;@4?7R(]I/J@+#9GAAAV!QT__P77@G2[3>+U_,W3!4ZDW"0J\`<#;X(
M4*,"RYL^.''D:U1(]-&S*I\X[W.C=NBCZ%JAYPCT&E5-WGC]!-&N4;W01]/R
MZ?(X5T=^"GUL?5!XS1H,KN"O3\\H>>/FD\:]/HVCT"?=X1G'4?#?=PX9CD>X
M\AV\Q<GJV=$L5YN0=ULZ^9=)5K(CWN-+Z]#'WX>7US$$@R?T:U0Z67TVSAO\
M&C5/1G./@RL_:D<?'A)]([,9>+!U/I1*1@>W@Z\&';C1NE"K41EDA)?=7`4R
M',%6HQA3`:*B5HM:QG/XLNETS]L!=7ELQR98[+8^L5'I8\D.5>];\6[KXW9Z
MG+?<I>\-[]TN.-8/#EH8_L(%K]A#Z]%@X6Q@A&ZCT9)7,&0"6S<7&ZX)7JHV
M0_?38)8DS!->P.C,DE,@DAM6D_M-A@?!`/DP+F"^_.,@LU=0MB*C4LA<=-H=
MY:30V2M86]'ITGS3EJL%)Y*^!\>>(*23EC&?$((H%6$YU+DP#AF3FS>UQ[;U
ME]YEC49AUWBZRO97HQF@!\B5IV(\0,C2KXU70T>6SAGOTJY>C[)]A^Z(.0XU
M<C?EX&5T0#H:#O5)`3U%.:-]64$<M!6D$5T<Y\<MU,<XOG_E93HAWCWE"JJT
M$MBY#49;KH_QZ9'*1]IRC3Q.)6CI<4%YMAR)P(-FZ'Q,;L-[I-*@HXP.C*EU
M%]U4C;Q*.5J5;:I&;LS([&5TT-VYJTG4*)HK%J23;_3$-GKM)?96(R<>=*V?
MZ>9JY$BZ8D%1,L:%[-X<_L65YLZQKP!>@7ZY^NK"B+T,;0H1H6'Y^'?A'VV+
M#W>`'E0J#REGJ-P^:\*L/LF@1X8J*J6D&X%9?0)'#PA5.I5B%GDWS_9X\I=O
M."@><!L>[G,U-1P#1#<6HR=IY=A4%6C4*&*4;Z<,J;/`(Z-1H_!03F&4P&""
M1B+4#>[!\RXJE#NI]'<&\/MV50D>-0H+W>FX2PO+L?&H45SHN15RMR(&^:)Y
MX6<>'+0,17!LZ5>::;K\2Q+E!H]VXE1XM_4"6)_HT?-5E1Y51M!`!.L3UJS1
MKG336H80DJ.\35OY23.<WS731_?+=346W,#C3&#I`;)*/S62I\C.*L.E1CFD
MO>=NEUM<:I0NRH_N*@QAV3"A[EHT\1?QLZ%J&HMD_%!^Y8J>#C+LI(!BL=7Z
MD*M1\C*Z#?4;C%R-LDF[[>JH(N0RSGQ23Y_;CO>,G,6M]8J"JQ"<R"5]=D\7
MM^;85!5HU"AK=-9Z1"6MCXQ&??)#CR6^D.E)':SAN$:.\:IYI$+2]1P?/A,\
M@[^S?GK`,3T!J=PV:X*L/A&C9R+39>&-@*Q&.:2[G=#W-EAB=FM-'*2Y".^.
M_!?.#*YLT]0\Y&@F//8*2BV1L]0<?F21\L03$4K1G56&2XT"1U>6*ED#%?G`
MI4:IRI@6,<P:(ET`&'`N28TRW%B!H[-GF[/APWC_&1,<4A'9C@V4W66-W$_[
MMS7ML49.SN@.D6^7>XP(N:;%JP]&#TNFYT7EW%=5H-3']O3T9/[0J$]`Z'G*
M%_3MBC*@;*FKR/@>MW5*]-SE4=8\XA+;K`FR&H4LHX:BTTC,:A3%C&EH=`#(
M$K3410/7]>'^V/V4R/5GVYI!BN(:O?!1[DI/G*:[?ARX']8@U"A6E&.:4:=U
M'!!JE!/*;U5W7@@\&(3'^$276R&@1S`/J;WOW`:;'=?'\?1`9&5`I2YJV'%]
M[$U/*>[3`\US[#@I"@E/[C;1P_?)-O6OEHZ<\<Q!*#R4Q:_PG<D<!_9<L#X]
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M`483F))=*'/LJA(\ZA,T>NH>?4WQZ'#4)T+T@#NF[+'YUUMK/)E`=538S`ON
MC"5B$TX*2.2,87)[ZP;W;ZU":&J4GXR:2JZAJ5&6Z#Y2M2#C^&#.$FUS5O`8
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M6I)4L.]C@5JC>-&GZ_*)@EJ?+-/#D"YD>71$6(GFP&]X1)II_`?IB3=Q(=KT
M/*6+/5RX8T?L@:A/'%7*=>8#@1IEAZ[O[)=DA<@WO$93Y#B)!,/-]R6R7'2)
M+#0UN*CNDE6Z1%.FQ\;MV0FK;=?(]_04T(RF!S5MNT9FIR^E]^GJB8.V#;*Q
M'KR<,B4WW^$2E6^X<_C3_9274D:9GI^4TOHYML,:@QHYG_)JNRHG(-0H!QGC
M`TJ!$(E.8!ML:Z*Y\T!\0MGA@O_IR4D7M/1OW4+YG=;'Y?24I(LN54-5X4[K
M8V5Z.-)%/WL0[OZ=KMF>7*_`VYL8)DJED9_M`SO\\\'P&9=WZ,M^++=]%$!K
ME*LL=_'D\*Q1>C.FT7?HJ[C5(9I=CC/VKC3'6>'OD>`_!=7XZ=O]IS4Z<I7H
MT'6P=)7^03M@O.E*68)R4D<L]@R^2K)'6S"LZU'ST)-'2D3B4;?PNT?(\'PQ
M+&/A+TII\@B!*QQ/&-XG#?-M!`YVM+ZMNS?&-_ON7TQC%I1+TDAUDT`E/=EH
MV&]'[0Z3D4S139<'3_O.-7BC+/`&:DGP@DW7P'G[35Z%X*6&;L7@=12Y(9QW
M7/#D6CGO7\B8S?%WQJ_8$LY0\F&[-'S-XI@:KQ6#TNNE,=FQ%V8;KYL;Z'GV
ML'&9^XU'?_J"_^(OX&[OG>VA?;O-FD_?4?J#^K>;D\&+;;>7N=UNM\1V^;(D
MQ6#IT["<@^4H!M8@BX>&([4ACDHI+Z\88AE^<4/8ZPA@9?K!HPY#;P02RNEG
MK&\91U^^G^(0D0X[ZT)G':@ZMNY/O'OG"3FOQ@3%-O[*MG3?\#+05!)H]K,<
MX]$@2*H?CL$)X?:K:;]HYB??@JD>GXV%@1EF#X99_O%H6`S#;!Y.?`_O%8T7
M<&ND+F>A#*^E$B7T+"U9H4I9#]AX@Y$ZC+O2J&7,J:7R2[E1>T"6&XR;(D<-
M#S;^+O(,AP0#X;FQ>VVX$]-V,4L_8_0NS9*]0)*;ZK[[Y1^F]U$W7O\Q\S["
MCTO)]58F^OD'>/R%AL,1ZX.)IM['A>;,#.O"LY<?9+7=6\:_>;$]SUY\Z)+?
MF8:%+N;$,?T@*_@7/TC1DZ=XR='#X>>+J;8PS-6'9V.!7.D.O4F/]D*SR.<N
M7.,_Z(/<609?NW@+GOABFWKT6EC4AT[\!J"_)/<^2"&DDF;I$F8`*"%XFFL.
M)K1$[OK#4GZ"A[)>5[`.B7K^3\L\V'8SH!U5`FPVCL]S)(4)5VFA&=@^&Y8K
M:=)?/E[OU$"Z9-G6Q21J76X[*RPQ4[PX78I_"?`O0S(L,>:29TMO<V,RE[S$
MT^./XT7*G?^1[*F$-/P9A'$QX(846BQ->X70/[3%\N/?AHH\^(A78EEX)?C+
M"W@#"97;TIC^I32U';PR['0LL!N&B>_Z^-G))9*3#-=P/1=>S8HM`A1?X&ZQ
MJYF:LVI)+[;ENX0?\0(7A@NXN"U)P[];+DUC`E>GV+Z^)?E+`%W#)`Q\1[S#
MO[-]A]SNL7V@A#]J8FC8/K4=*X274)U*D'61;!PT8WRFQBNZ6"'-P0P+5ZFE
M-\.;2PIF1_@49FIMBEE(\MYL"3Z%R=:G_C9W$(K^.MS\Z]3VG>"/A`/D#O4!
MO(+@`VWIF>W>$\(VQ;;.)>(7"E`DGRFA?5F1CTQMT[3?0&@^H1?'QTP<"^>:
M8\F:U^BB\&S?"6[.`O<EA#TEPFM5DE(2(+#P%;88!-`C2T<Z8W9E^SALL8D#
M(JERB^N%@E/!6ELQ7Z'*&$(07>:+5!@O\@U;%,9*GC&E(Q7/-X<W`D.V#[5:
M%;`X8QP'37`W6M@`NDL$52/(7#%V94J&%@FG_\B!!0ZO[2W1Q3((V=P@9/NI
MVY'?__DC<1"P>X0?05P%`[[S:ILXG@;G)!6-!`''7//P6[`7X]+QA`O.B0[%
MVG3$,$4Z3!"3#%(@)'G:=PD'\4L;KEWXT$E9>@+B8K8A'HW<[WP,EX@])/!>
M;AD+)G81+;R>1_2*+!\0U!&\2AX-^T$(L2"^35NZB7>WT)+!50L<5-N?S:6E
MMG*P9X>W#EF1(`@)X@2E%X1?$5+IZ"H=$GJ3.7Y'A.5&1!4\COB0AH.];+9@
M,`XXR)[#L'!SOR%1R7;!$4YO4W,0_A/;U6"Z&E;H?CLD8(.JTQ8.G)&#L&-.
M)ME-#$P%+R"Q;CB8%5,A-5DN"?RPC,2GRR%K&IC=Y[8Q0<$.PW`HXMLL1SV]
MZ=K")K:XY@["?L7`8!5@XLA=6Z,.Q8!KKC<@I/`,SPPB'=UP$T!-'7M!,%V2
MSIC^$NN6(`\1Z!F0-/(@(`X8C"CAU\*BJ6$<(7-AN-H+R7?B$"M)^;>Y'6K+
M59#B2+R:L(5#FACA.$]R\9)99Q8DTU]@6^,OL%IQ\.ZF*`C:--=%GANPG@VI
MS*1*!XV,EVI8.MSXA^ASO6=)"YHOM>`3B;4CTLX`!!1;T^`YV%1XF"[D6U%;
MY7:4X]LP&,7"41&&BC!4A*'EPU#&3V0<2+#><!34LEXG:^Z)UPELU)2U)L.I
M9@=`MY:DZ;I!#'5HCK07[$\1+XFX"JT-9VX='\&9R]I.Z>%%TW3X$L1(J:&R
MZ?>D#9T;!$GH._3#EDPX!`W;"B/&\NMI+Z;ASO%;L!L;!5@.FOFFMG:G\3(3
MR>BUQ3Y\Y\_4IY<;N6EAVH5I%Z:=KPQS1<:8\5-!<V2=?S%.\"5U&-M'[\RN
M)?4CV668$Q!ZDNN%"CUY1GI2KD9/UJ79=GCN/X759XDA+06KXJC&,E"6E'2(
MH0`LK#$.2H92WO(#<J(D>E@6RJ0X-FH+<Y5P6<>.`_7.L)]_&=[\-LZ,9>_U
M<O6\6B)HG)'QJ&0]9-:>`S#W%,]FW3A)728JC>6Z.'E=^'T_#5<7;?1WDI2]
M]M$8TK+/;_8?Q&B<#1DR;KBTE:"$.3=J10"'G/R909YU3Z:?%_(8MP*@?[)]
MY\PPS[J!/LR)>0Q;$<B-UW-C<_J^CIP7\`BT\S6S<'?@_Z+T4G#P%-:6[T9_
MD'6_1^D)^UH7_EEW@X1=K03JK!OYPIY6@W56$P!A1RN!FNY`4*W]#+6[\R6L
M0$I;_/#2(OGCZ6.?V0YAO_4\',+,2WDL.E#R[B*FKC@.J+9AU%2Y-#0%83N\
M&4(S8*,:CU4#V_[N>LV"C6JH2S5$9`(;7T*:1P>FX:):[U*WCT]0.`O#-:1:
M]M+#SD]/*(O#1?7]K08N_H3QSK;B@I'#%->0'IMVCECEX2ZZ=\*9Z*X"W$5U
M"JZ&N_A37`6PHKH`GXM-+"R)=&?@<^2N/(AMGWUQ"&)CO''=,'TH8'U"$]\A
MO:1OOD],7T?Z)\=>P&K]H/3R?GJC.="L`M*[L+RLQCDY63.YL4YR7TGW&^J!
MD`LC+12Y,Y(3;169K+]>2/;RWE9(1AF0J.J@JPZ'W4H@@?S15RNXB?2(X"+/
M!*9=>O;DS[&E?\5K<9_GFA?,)4>8A:>V,T4&%-2B>'KFO1/]F.AI#5_[37M%
M7Y`7-C^"[E!!\7&IWD'9T(TZ6=PD*X/^*,B2U;Y+/@$N+*XC.0/@OC(:COH"
M8!;"/U(R`.YU^@.Y>U2`(ZWSU8IO^B$]TBECT[0G<+^-3,]=7U1<JR564*5L
MXHCRY^GQ`@77F]YT:E+#^%4S3$#TV<8*=F%;!/^Y;>K(<2\UUYA4LUG*(9>5
M#K7=G"M-"D\AG*[!`(4]MYCOF'*KU=24IW)+3E-X/2@S'M5Q/_V7!@Y@N0'.
MVW='N<#*<).:.U?%9@.Y+$%Z`Y1'6N_*2S`6E?(MMO+#A:U2,:%'\I92#)GR
M0<9H`A90_T&^04S3V`OD+W@6^=TE:6<:7(M.!%#,*)DPEGB3&<92[O05=90X
MEBN_]@)87&FF>;\D-3+8-+-FYQ0(62Y9)^?VLY>;WG>22<!U\%;0[+*RKJ"8
MB4^L*^CP@Q10(&P*&ETB),"R*G2G5E1=/]!./9`&?X?G?,"NK&E,MH`<8IN-
M)M>[/6!S9%=2))B-V5[V9JY]T@<7Z^]A2_+87O%(W%R>`598OC!J+[XSDQX,
M:^*[TENDC#U;BCHC,[[+(S/O2KKN\Q3=F`E4/=R1^W)Y.R8]7>&WA$^@ZQ3<
M-T;.Q,";6^)`$570>U6%ZE'&%X*6R`FVUI*B]BA*Y^-E_+/\,2)@*VCFVPHZ
MV]@O<$F=]$A"#OP(-XD<&\>W+OX@QDQZ0:275H@*N6%4'0>,VL.:&`!HW50*
MDUMT"2HK&62ND$B,KRT>AT1ROZUTJB)1NZS?,#IVKXNQ/_-=TEX,XML6L)+K
MLX4K9-*@J[%G7`19>6@(`>,\29MM>']L=PS7]8,N%$1SXZ^F+530?P-:=;G1
M%>C-[U+?82P96'V"=9;>D(.BWGZAOH56*+[ID498TGOMQXV%)'I:<7UKN7KM
MPMX)D#;T2M*481WS=Z*MI27;ET:J0'IC+#6LVS,Y"`M;(!O,"<G8F&\2$HC'
M^#;YJ-UEW?$WM@ILG\M:LM^S?=P+V\?MT)>,<;ALG,8<57W;O]3C*M8!6Y2Y
M4+\R8^^6,5M4U1%#F`8P#3A"9+Q4QN9ATECSH%1K'QBG]<#:=/?I3!(+-U-G
M=EN=3K<UZO:J$WR,CLS:B*TS!>OL1Z+#9"OL5D]BXVBZ=&LS=L7$C;-V,\=V
M20-W![(#87=(TID1_V*&G"#NG-B6%33`#UI^P_/MZ121O'(X/BA*`^,0&GHM
ML]TW(@=@DAN7%;2EL4NZN+>"J#X,U#=VFFQ97D,$VAY5;)T.R#ZS9KB*TFBC
M=H^Q^YF4C88GT9+SMY2.W$MWB'70TG9(K]0YI->7AA,WF(??;#=H@02P13TM
M3Q"Z9WE4Q`=*9J)W+_0R4UCE3EL^X.$DR[WG^4KF"S)M`M'B['CKV(,>,7=]
MT5;K_"Q1)[?6I!UIT$NV_`&SAA\-?8;P2Z+)%&Y+^MS^W+YJPXF$I$VGAFEH
M'M$REYKU)_QWO,"V9:*U:M;@H_:HHME7FQJ<0'Z,0T2>%>^Q#\J#4W_67FQX
ME`"JR4$3V]%A_H@K89XGHSZ@7!=45JS6P</"/E?BH([T0V3,ZHG7)T\![6`8
M#<Q(M4U#)U,T7C13LS`SNG,$TSYTGYSD!@<FP7S3L';9C6;9Q+YGZ%!.;-^$
M'6(O#J-@(8],N<'NG.>9Y'/$G6,^C_6,>[I6TS&5<5O7P`^8:@;COJ/2*YEQ
MOWF85T4?ZZJRE!4,:V"N]Q=53&O(K"<\;C$83'1G!1W]SN`=H3OSX-@S1ULT
MW(X"8,&&B%)/N3DPK.H%YJCI*!R992P">P+_#>V'O40PULKY$UL*,D(*W*%7
M\!')^"EM$DZ0<,'W6!B>%YSOK],#DJF]!<8I&$MEHAF9/D$,4#A"*CG@[@69
M!L+^:6"N@CC"2>QBHL$D:>*N0ID37@TL1D?A/"_6,149`[<$!H&]P[`.ER"I
MD5N$+K:@2`_R6*Z_!+=AZY@KT\!;UB%W\C8W3!2/%X'$#3'TIF8LW(NEMH+?
M8$&V\9X3?NJ5[2S;!,@[$F5J)ID_^(9,$_X;H/OBNYBSW&!=+OOPNT[>O5^'
MW^L4F]R"^HQ!:RO,E[;FZ`#:-1G/9\/(.=^;VPY^6Q"-.@R52$IE;`I8,(R1
M\S[D+Z&9"]*5&B5Q4,N3J0A+O;8MA:6P0!`24I)*&RGI)T)<W*42+N&RF+M4
M[:H2AA%+T%%G"^N3N>:[9+1AL+U%5,JI+;4)Z(HHBVRX6RF34:I6:N7"_Z_`
MM8XX>*[I%7)Q;UAY]2UCZ@72P?BA61D>QJD$DB+27I&CS:K+$,F#=H?U:(R*
M#JP9XQNI/;9/-5A7B\8JF?'N]RKX)OEQM]%49=_QYC`$SX&)O\Q-#.M:\$KM
M0`&7E?`$VR75Y+)BAYUK9</8M]UPJ"W\Z;I<-\Z<:KE=T72Y'4ZU5(]IKK*4
M+.GT`_=D\4VS3<(U:WL)7,][(-"0@X">,FHIW3[W>U='2JO38[W.0*.D$^FM
MX#;06DMNU%G!"#=R@$;B^#=LS-U$]5=F+M"V9A=P;"<9%K1!QZ\)9@(W+6=?
MY+KZOOO_S<JPBVP)8_T36G+7=\A1-Z2][;"N"I(G2FO0&ZT-/VL;'/-FX`^'
MI3CD^,+W7`__`$).2B\U::(Y#LG6QZ><#3G49/74B6W:SH>_R9^ZH\%U3$'&
M[K0%C1T!9;G5[78CTL^1N;Y)2AP_<F"TH:G)!>1`2<&_**=0[K1&G63AM,VZ
MND/NM!F?]OX/K'RJX1T$;`?,*;=4N;<)C6_%%5U0.PQ%7S;C@P\W3N1C5<#V
MV54I%LPINJ%+ENTE'6NPXU'MMF:&2#8_\:)-H,R)*%*BLP"#E"<R-;XC_<*!
M,U1D!H7E072HA[T2)?*WL!AI4SU"'8>.P)&!&102'#[.2*'@^J%QJT7V9O+S
M[>7](_:;?!?.!*47S<4!T](VLOK$E'I16[J!";VAAIA&,#!.QD2@PJ4`35KB
M\'UM5N16!^\P-#O!2;(6WK2'I2`KUF<=^&1PI!ZVK(JJ;S:)!YMANX49LK""
M-<T5X^>"K(*7[)G!43L(ZZM-CLV"RQ)MZ<E_^3=F7_AK=*$B66/0RD0@K(#`
MOX`:.;T%1_QO&#44E3IHCM<"&\)V.T%=150IGCS<]\C62/T%7@%=E`&1!JG7
M(W8-UKU8AFP`%@U!A^VH(\,6+EF;.B(X1.]-)D[DY?C64L/:,9)^*,/`7X0R
MJ*"R00_+@Q/OAD61O@US9$D3'^.+L8G5!WZ?80?/AG?AE;PR]@]LWS7))OR%
M;Q);MU[]4EN1.U(@.=B!PT3%R@I!6PR+W%FA]BO*'\\SZT'8//`>+=;W>-?L
MJ*.)J8'^R;:G;2GLP0@<N/X6_C"QVVSI0E1.RA>@@Q\L([%:A?6ZV@+49="`
MF11^!;?4EDLL@?@SJ36G#Q9(/N3N#[:;N/W,V-#O\/=^"MLQKAM,'MP7,MU.
M\LK47#=NK7KO/(()NT]$E\DNDN.G;_>?XL:1G6'&)`<=&=\^0U5=\*=XXD)X
MZR:X=!-,68BG/F2N(357+/Q3QG2&5*M*-:L1J=S;:,*Z;\L'`'037L=X`$NW
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M-#^A%S(OIC.`I2?^M7V`ZY.G>>20*^3:8"I>M!%L?Y_GMN]B`#&B3^@56>ME
M1>LAAT09.F.4W#<UH3R<PYJBWF'[3F/U["#-]9U5L/`).;33QT&IQI7M>M'@
MSFRTE!BM@T9U5X=64M,H&]YAM`4,&ESI6>-UZ-YW(!9.-0J_RSE(J=!#R4H>
M]X:;X=F.W9:`I<"8][I@R7+GE,V`C!M4QE#P"@.@8R0^V]8,5.)M5-OZ8&H9
MFT[.\E)Z6:R@C)1NO[8M'SYEG,V6LYPP=:1T>D6VS'](<T`\F((G*YF*/=3N
MJ+LOIY_?8P`HNC$/<!&TK($8'N)P%#>B.41^V][C:MU$L>X&!-MU9_2)N"R<
M_&D/<XRVVM?.:*N6/-B^II<2B-UM4`F<SW?G!S$U*Q6J#))1S_9=[T*'C`PM
M'MT<%Z%4=*)2'BX=3^W>^\X80`\*91](/52`[FD(HYHUN5ON)G.@^Z%8*VK\
M6["A6$#OIY^T"0I`GB:^G5Y<<T%4DR`F?6&\4ZS*.FVLS`*UGQ>370+[H#GW
M#EF\3AZ3:1EX%]P4_W6W&X/MLKL-AEW0?5Z75#ZL*RH;BUMO%V[;D<M$(0W;
M-7KQ\'X\QX?5WH9%EX]X]<^D5V7#1'8-6?_=+SNJSM>([0%@O[O!FT6%!WQ-
MW"<)>@C;SAXO7LWRXF55[NUV.[;:U'A(>3"S^?]\F#N'%XTCKG7=G<MZ(+,Z
MI`8RD_'149WA"[22=2XFMFEJ2Q=]B'Y(7@51.JF+'IX3?3F\"#)J#WKI3^C1
M)]X,W9M_Z,IM!3ZQ>=UD_7+;^7!I:I,_/R[P.]-?6C_V)T_?]@8Y]^/EPY\]
MZ!=8?ORMP]XQ###,]XKA)O#I-^!ON4O-^OF'X0^28[\%/\L_I-^L=/O!4\)7
M!9=]PLNPI'WOQE_"=R>7"@8>.;L7&[^GS(VA(;DQ2_Z=O+X;WN4+/-[P!7\@
MS7&E&ZJ+!%TFNYTJ&7Q[R%9W<NY/GL.9(,5LHNQ@$WD4/J4$FQS`T2-JK94R
MR:T572O-&,]]+&G=18:^FA)6K)VS2`"_CO"O6*RC!=5$L,Q+'CLHI0SRXI6+
MIM'C!4W+T92^$U,530\R58*J3*A*=U#BR-9NW%[FU]*RUEE,;.QHW4%APZ#&
M\UE(BPDC:&0`W?F#*\$42[C^DOTRWLL_TKR7>%/=MCWUAD&[0NH&#R]]*S\+
M5+I!R(Y-]OHEF)C<C-Z]SQX573'<J91+<T7F(M\&]AD9P3+-8AFZW4T^EBGO
M;`J.:1;'9,Q(SN<?E71(FNT=\>/S?"(M8Q::!V-#4O-#2#>CE/MS\?OM34TN
MD,*]"U1*YQR@%G@2]O=RIYM!$`Z\BK.BPJ`T$2JQTV=%@UXO%PV$X>/5\'VV
M-<N%<93(>(W&N:]-W8>C9]2/*VC[GT_+V9G9@^HA:KJV9HS0Z>O2YE4%L-/'
MC\B%%E:>H9G2PG:\&32,-4%)BY#C'!TM>9A%D/,R,1Q0H3,0,4?3B"`,Y2D;
MROM@G*^PC&>J#O)EWH59K(($A4I^A$UDF8?K"Y-X,GFXY$`(Z%YL!$4XPKR=
MH61GC!,5YJUF\S8H6T(D[%M)$M"CBX1Q:Z!Q^X)TPU\$$P<MVT-UF33^*TC/
M29CI69G"HM5+`97+`L=SHL"%,&BG8-!^UQR#5$O$`YW(?+!58-WH^3TB8CMY
MT5;ZN9Q58=_8DT#N]00)CDR"SJ"DA3M@!\TT<>JN!@X$T'R.EMRIR+A]6_\O
M#RV;P>M"'PB,*L:H9J4V.J).D^4=2JW;ZQ?P,N-OE5%M@^T9(>E">D1+VX%!
MK3"6U;`D,H7R+]_V/MXA3YIIAN5*[TW;=9'[(TR2G!J69DV@(L^(>VJYZ4)I
M,F9T:CN8)):$OD_FFC5#Z^?&,S3)O$MU])'T(",WW,C$6#=J?$6&O]I+%+3'
M<C,&0G(3+G8VA$YPWD[.4^KD/')%[82X[R?2[RS^%S4*-6=?MD1;9L+,<4_>
M1[3`-#"LV9?P)N"5@W3#NT:.\4J>YMY:05,J%JW+J8=?KJ[P8QUMXL7=O3<_
M.]5\TWMZTY;;6N==^JYA(==]0C-"4KK_WGU,8+K!X.C=+P_R'X,O_>NPX7-!
M?!J$<(P-T@'7S>;9;(#MPM@.N?_'\(NL\`SMX4WH^6/>KHPQ5GAG7K8(U\.\
M"C#O\(_^EPX39./6FYKC&1-CB3]BS1ZP.9H8R`U&M-Q:GVQG=W/;7=#%^_X5
MP028Y=R8:";9L^LMG6]7XU07[F%RK^IF%^[A<-`)_Y?H&KIWZ9QL]>Z/[5OM
M;FY5'<H-WNKMY^U;[5&]U4?]!F_UTXZM]NFM*@W>ZO/_NWVK@VT=\YNYU;O_
MW;Y5>MA:I\E4_7*[?:O4E#:YIQY[JP?-9:*V"@;VR7]YMCW-C`UM^+:,:1!)
M%'H=BN"J/&PN#'?$M]!,<W6-_0''-:8&TO=A0$W$4(>CYD)`;JR0CV0-14YM
M7*%$0%$;:J_*R`#EBRE#]>BJH#@,A62`<M)Z3>:$'#)`N6QRK]=@!4B&,%A%
M.(!VZ!H,PQ6\P5D]+?%FI\9DW]XI#Z_;:6@T5HX'*/=//CX3%,<A)Q-0#F%W
M>/3-%Y.`2;#Q;U^?MNZV3SE^ZJC+H]';O@/*;>OUN-P!(X)1SEIWI!Q=297P
MU&T+AI+#0)P#S'2?\M&Z:N_8FR_AHN7;/.6<]>6C.V>[*/^KK\'\3H3N7TQC
M%J1[+U=WD+5=YY-_->T7S7SP\4<FG\@!)-J65MXA+_&'OUHZ<LP5WLK8=5$P
MVFG]+F0A1S/7R]F'..T5*L>WA,V&_#/2W'VA6)]V0@=<A^+<P?X%PP<[-;]Z
MADE:R^Z#G/)]^YVC:]9&0?ZL?;_4)G_N]:[[E'?-08S=+*3Q<EPH;3E(AU/^
MO#KL"KASP/V;,9LCYT;W)X?@/:`B"GDD%$DNO)%F>O,KS=EG)@=4Z",X.Y^5
M!-NH.:O?;"A8F.V#F\Z3"[QSX1W-4;U_LY!^J&<RH&*^_M'K!AJ%>NP+'LCF
M=*&&<$_RX$U.'3)>M1UQNE[DZ'IE5U*#.\3SQO4#*KZ4>WSGD?B'_)"X?D`%
MF6KWZ+J\4;#GCNL'5+0YX+MJB3O(#XWK!U2@V3^^H](LI//$]4,JSNSVN:Y1
MXP[N?'']D`HV%:&[JXGKAU2@>?P,2J.0SA?7#ZD`4^:[AID[O`O%]4,JSAP(
MU"N,ZX=4E-D]^E%FH_#.'=</J3`SKDLY]TS*=LSH$)&#*@=.^'0[:E24U^WV
MN*X*JARUK?4UAYJT1/'DP2:-ODRB'CV3UV0J/-FOB/0:>$0F-`\86_J3_Q+_
M=@\Y1O119.^\'>EC",6("ASEWM&+>9I,A9)"09]B#HY>+MMD'94K:S6B8LW1
MT<UTDV4A'_A4Q"DK1P\YF\SZGVW\H%]!\5BDS\,^_*D(].B*I\F\GQ=]*AH5
MKFD9S7/@L="(;AMP;-B;S/0'PY[1PD!P>Y[K)B.Z<'9TW@<^N3'$YHT^I#R5
M%."3Y_@3^+V>C>-6,8X^<&6;$+\XFFG\!^G7Z,5+O'0?L'10V3VZ(\T+L(FI
MWE_"H=Z!SGQ"$VB8M3=F5SOT">310W9>T+VR%POD3$J`2Y\WGHI>/:Y.H`M7
MY:/K!%Z`9:`3,BY#'CV"X`7>\DJ!+DD]^JE7M1IW.Q3T$>#@Q!7D=BRH,*:O
M,."+=9OB^REFW26R7++L,*-\9;N>^S37',S%+M(?M!5),,0=C<MTRTUN;O3N
M%^BP'#98AA^749OGS<;."\V9&=:%9R\_R"KI!1[^YL7V/'OQH4M^9QH6NL@>
MOU%P[`CYYUOPQ!?;U*/7PJ(^K&=BW-D>DN3^!^FS;<V"T8.WF+H6M".5'LRL
ML?&L%A3.^J*[9R_S@-K-P+13#Z+!W^$Y'PP/KVZR!6.`4;I&[L0Q2-_MQNPX
M>SO/<R2![&G62H*&MA[IQ^[AWT+W=&"?MJ1T.CWI?F$9+[Z[P5#2>_AHT&1]
MJ"B=C^''6/%9R%;PJO@E\L<?VQ*QA62=T<+(<C2\B>_&PE]`5W>VBY`[+:P^
MX/\8;X[MXUQ0F*2IO;<F;82=/"!]\!<+V\(O(#H4@_:")!\K6.BH+P$?>*LE
M@@=H;YJC2X8U,7T=:W3&VP[>;Q,A<EO2$CGX_0NP1E*PA_3OP/[@7\'@.<>8
M!"W\\0/HWP2?)","L$K'[B;;=>/'HK]\XU4SP1BUI7M+^J*M)+F%Q4166HRI
MN8V&!*$YUEO(P5M=+AW[%>\?TQ)3RX$[,/@'P@`>]""4+!_L.]!TS1XI-L"_
M0T[P"/Q_KYIADE%_4[:[P?QEN*X?TE-G^_`L=3!U[(6T%MQH]Y[-6C=TJ]$-
M;6G,F'M7$09`"$QO/UN/8N[!WI6%)B"=9')'6E[A*:8)FH/4A0'CD$D>'GZ4
MX4JFL3`\2<N8"EF.?RS&PAR`@?<`50NZ](+1\2=SO$G&4HPA:TN?0+UBT(A:
MQ2((A9P8+LW:5(4:1:6CH"VW%7IV+@.X76)H$(8\W&:T2VWJA;R8T*B2AKU^
M'3Q_HIL8$^;-KF6'C%\2XK5T#/P:K,RV0L98&Y7T=4=']W23@@8&<(DU"GY%
MZ"RE-""RP`*ZTI]H):'%TK17B'*K"$>"L^'Z+ZZA&YIC!-9%FV`7P4';K.W&
M4P(BOB`+3;$<$YL%)AW'XB0<CDPY)O<$1=\-GE>-2Y9:75NB@)M!G@'KJ;>Y
M@97E`C,>UDQ$JV&F#+A^A30'^V_8+<$.&'D<&0<'^USZSF0.'LH6<#2/?#XQ
M[2E<4+B&``R8XA3]@:P'>V*A:2+_)/.FL,Y$!E&S>('KP.6)/"CZ^/M$]'+[
M=.\FXPS&^#*6QSF&BNT3__*QY$Y7H5?P%)C_`!"YW_G8593WVH\1[&$=IBD]
M8II;/G",CEK`S7>V=?%_Y%$&IL-VN._^;P/OM@04(&)%_B:!=8CHB7>KA4)@
MV9Z$A=,-S"?K.*_S/XSI'@*V9NF6I&-9MV!30;`->3`<8D4R;JWYFG!Z:U<\
MQW:Q25E<RQ30`7V'W+)+`@.\;#?H9!L0AH0:^/&PSG#9:(F-$.PIW(V)N<2,
M]@'*;6F`[GT_"^[PFRO&&YG:OL.:C@[K-6)UQ'B-H'G='XD(H>]+,$*A"F2<
M9@"9YQU>C_D2";JLF0`,?M*F!0+T'L/ASF%T(HZ:IPEQP[^?VJ9IOX%P09+7
M"(KAX:N!IP*NWX_-]M;6^3TJO[/3;VM)$^1`$C/AM"6-2/)IN3)EQ`]R412]
MS37L2&@2:]<^6)S!."JQ()-FV+ID:BZ<S3!/4CF(M1ICGJ*I2M72ABZ5/FV%
M46W@*Q,3"9\)N6CJ@]V#:\MMZ=IWB$#CO\(OB#=`J-:"WZW]9?"WP?_!+JUK
MFWH;NU\;`A)ZY!'+0SR"/6'&V;9(NMIK][#1"N?36J5B"J#I%)S?UW2@D58T
MEBU9^!U11@RR.P%5WU!"X02N-`GSIE$8AS^ZA-,X2?,]K.&AR`1R3R3(225V
M(1F+21=2/OEIWX,\=Y`'(.^;0%;51)@?QO"-()0*UI->2F(-;%DBV!%>,D3#
MZ"\?:VC,W-&Z`)_`(4DF>@[!^05A/8R266G\J,!&9F<O1=8CE?7`S$$XA"TL
M_5:GUV_)?=8IPDI.P]*\,_6A]B%,8VS+@&LN^R/$:S0AA1:2*K>XA@V*)H04
MK5=_R]H?TR83V]')01@Y7(%_^Q8Q^C/?"/XP)0$`YM^+%ZA_D99A`4PKE3S$
M.A59+G(SDF:1C=XXN@$5'1P^P.$J87/R@?`UDT0E3ENZQ6O5=0/^$;PW7MX$
MRL\@(G&S5AG9'BQ&8?QI&FQ!U%[@YN\J?%&4C01?WT$+I)'YP)MCXST):?A#
M+YH9GC,C%"=8''*NF_G`^'%48H:`"=Y8RN:M%]"6?HW2&ZW8/0""3S1W'B+F
M(L\S2:T__F*<'9TB4KE%_`H/,GVPD."C02J,L0*9&M_Q@W6H?,7N"BG:(J^,
MR4QR5::Q"3L`@%=LS>"TRDJB3?*O+T`.N!J)H)(`P^_`S&07>RD),"R$%[1&
M@=KZ$H)<R/X!:B3O%^:B0NGQYH:C7RPU!Z_KQ;'_)+X3M?84>3?7S3C82/"<
M$Z0KLU%XWA)YFG$!EQ&GK0.7,2C'2/!'P*;X)]_TR,.3VZ35+D]F9KMR<1`Y
M0`FTFN\&\13HJRG6)F"\(4):8`%,00B?Q*&Y`5V@X+[,6@,FTR2&18I*/,;Z
M"'2#':\K4,?K]3I$62R7IA%$9!/?<1!YVUKS;B-9DRQE=CW9JVUB?:(YH!H]
MPPG$/#SP8EPK%NGMZ.PI2@=%;R-$PL`9X`UN/=CSEYB<Z[5B=87C_+CF+_PT
M9LOXJ48LF7IT7I<EUWA5WU=X;^'E+M;B>6\E#PB#+)F[SKG'T.-E8!NV("X&
MCBG=)!*QL4E\/@:,L<P0:D`9KP'G1_AGR'Q4D*U(%)(%LE;-P6G"P=K,,T9F
MYP6M;/SG#7H05\*@W4+X&%9E6,ZP,HNR0J#+@I=@P(S%`ND&_GJ81R+@V;Z'
M62Q(2K&N9%E$CAZ]9[:OHA`,XC6B\!F3+X?WO;9,23\9_\/UW&QQL@,?:&+/
M+)*ZV9+N]^:.[<_FFYP12U[@I?I6>.R)2-D,9*`-EQS9KVU-"S@I4((3\"0C
M;9!:+'PY6A3CS*"^EY/9OC"2"W<R1[IO8I=@/(&4$YA</8J/6!L98PHY/=91
MO`,W'XB,VT%I%VTN"9-APYXNR$MZM=2!27QD`>H'692A2C%'B%<8`I3V1C*O
M27!6TI](H)-:A9);YJ&DGP0@C,4L68M#'Z.%]3]0V4"<;<89DZS@&[MZF*7_
MSO9-ZHBQ3../FD1"L6@R7FN_FJ4&07UV$180GK&=3[%1?%Q`4M:,\9*9X\7X
M!(4P"DE1,<Y',"^M8)\AKL"%A!N3C-/8J=/6@&5)*0`QK.!0D2)(#8X5(,NS
MD4^-@E/BN:7J&)::H5]`U;VV!%M%G";\S^1Q8"*0C)(\]O9($T=5KFT:.G&"
M4@G/P$M8KSKI#K!%*U'JQ_;!3PG'G.#+V-H$U*H(#)DQ&`=S09QV"(INU\G/
MW5P6I-C"E##^XA;.MI#'_L0L2J?IB?C&K<;N]ZJR^^(@L8K\GN&24&425KBD
M8VR-_)$Q*T)4!!>%F!^]!#$++!L_79NAJ%J+_176]I"Q/0QJH.`Z;H9.(&9N
M83L>H0GD7</8DJ!(RJ#@YN+2@?R5J$EC\<0+H,=&_9CT'GV?H&60.="P7K*@
M]@?(`G<Y&#OS<<G9@BBH./F\ODU^:<.M8OSK:P-+K&<[;L(IBKDE$#3>ZX$#
MN`.8&UYP>Y65!'*"3AS1'3,JZF^\U9=9ER_%(33KA;*/72M+2U2VUB"_SMI4
M!&6\R-*9'PL)IX^9T\=[8J":[(7"&D:L1Y=!P:T9QG6>]IWQNJ.#BCW&(SJ6
MT(.Z=\&"9\&"51AQUDNLS(8WR(17!6E:`3'WF$<U>LQCR?47"RAJVG&%+..^
M6:(X0^2&A([F3T<GBGI9QW61M6^2%T_2ZU#4`UET'(8:4,:'7&1YZQ**Q(5<
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M:V+W3$]E'T4/QU#0GF_:TSZ@H/VYT)YVK0^T:*JZ:7^$4:N`N5,O[0X#>/AG
MXVBE-3'R7=S_E[AK])6K':".\F+*"J/1;EZ/U9JR0ZWU`I#X9XAPH37QP[^B
MBI-Q6''R0/K./4#3O\Q^I4+2A:0+21>2+B1=2+J0]).3]-VIN=,/9`H>$&21
MX3YYO`>W-F>&99'N@%-2+'N""C>Q0M+ENWHUN15]M354E98LT\7\^[5A+O[=
MH\B8:=L"*V$()UU5<*J,(PW:_:Y*5X,*Z60(\J"E*ATLG?24'"&=0CIW26>_
M/>S(`R&=58+<;0V'<FLPW)GR%M(II#-#.KNRNO.$5`08S-#^-;ACU1A=R!&C
MJBVEK[:Z`QXU7&7/YY`.6.([RC!_285@X8_=[J@U4NGR;,'`M3*PVNX,NKFH
M(!@XK*EH]8>C5J\K=/"18_'V2!G1O:Z$SU8%V+\C5[ALA9![WY?55K\KTZ,8
MA;JHDPZ]]JC?%P:O"`>/^J.6.NH+#CXN'4;M8;?3G`0_1\B]'W2PPS82#'SD
MH*/?'HPZPF6KQV7[%'2>:9#75J+,Y=BL_5Y6U):L='A4,25@K48E-9C.<J>M
MC/*%_D*D"HJ4TAKUAZV>*H3JQ"G=:_<'2G.2Z0U&^KT\[+3Z_9Z0J-.F\ZBM
M#/L[BY1V.MK"RRY:+8LL_83K9+,D0K?]%Q-EBH3*DTCT6VIOV!HJ],@);E1?
MQ10XZ6JB)K.FA*.*3J=[BM6!32;+:93B"XUQ@JQYNL7^3:;*:=P.$`KC!%GS
M@/L'B8CP)]+++_Y7=K^_4QF>2"8F2O?!&%@:H-*3$^OLZ)H<7AV.,;20NSD)
MCTR&S9J]Z66,=85.FC"J)IYHX+M1_TO"P1=/D[EM0EO8X%E+QYC`!Q:VCDSH
MT(V_3'XFC9-U](I,>QD,1B!ST6'@>_#LZ+$;,_L<#49[16-ZR7!G,OK+8CW,
M)!HZ$G6\A?>UR"#IJ6^:*UB)Y4Z10V2#Z9M9M[DEW4]M*Q@;3B:M(N<5[E+#
M'UQ[00;T1/.DX9/!"'NW+:4&VH<4!5($4S4('=UH@C`AEF$M?3)`8XZ9&X/D
M^B__#MHC2YKK^HN0;,&(MHC"\=RC@`LQR[`%`&_JU89!M"9,_]HATR54VW&'
MG=R$XYG3<IPU!S>><+)E)DDTDH(,@B'=9Z5D`V8)6@<2T346\&W'T,R,MM>E
MR,5^,VS7)^9K2-SWI6XUHC&UY-G8%6'.1LT81U!%FW_6W<VWM/F_%B,^SDE,
M66M/;)*PNT0&0K-]LF4S7BD=%K!]@1M$%4BGO;)R"Q<2RBGOGZF\QV$XVT>'
M?C!K2'6$XUH'1EUIWR%N0QYCL6<,,(X`&#L2K&?!QXX$V^<RWG5%(Z,K4"&,
M-TY7`7"X\;07VMJ<1\=81#,2@FS?H+F2!D-YG!F"+2PU0[\P<)RO+2$_VY;&
M8I846^X)W4[`W4JD;UB/_U[8OE7!#-T@5I9\*S$6/943FMAN:D:C95L7K^2>
M:LJ-=2M*`!X[UW_0]+84$&)RVSD[]LWPQ->3V\YFUIK+P["U4?K/F\4C2MX2
MA0W-M[,PI9/[X;W.P4]7"M17T#<-BPRDZ92O(S]D;EK\GC)VIL)94HI,4>"0
M;45?$S3(ID&NF4Z"!GS-5MI_E5EHW(IZ31["2G0IU@'[K6PU!UNC73,'NH/@
M$DQUF`W*W[(I,"R``RTH>%/PIN!-P9LGPYL[/1=Y<[G"<RG5E*<RN3JFM/`M
M`^%\(5[5LV`.P1R".9K*'+N,ITBR'MUP5LH>\43#/-I#2-T^6,D<P)-5R((C
M!4<*CA0<63%'YO)+#@)&[BOE3G4.\!'Z90MH<D"X]0HP#XY/Q8=G-2N!_`.?
M>=``5=.@9HU19(+Z$=+4@N4%RPN6%RPO6+XREL]=JI+?/RPR^+18<ZK2+N.A
MO3Y?T,RP+/A'D8Z??%?)'+M?D=H:R+U6MY.K6V?UF`[:A1'=OY+@X97`F:LS
MEEIF9/$!C*-6V0-,Z;3[PV'9XLC]Q*JO\.+8HMAKC?HP=S9?MT$ABF<OBO*H
MW>D.<W5/%:*XIX=U5^FU.H-<ZDV(HA!%+"*JJA8?"%`R!N#>L[_YCIR)X>:<
ME76,4^]CJZ#WW4ZGA?^9:X)(72JHE&(Y0/8YDNANNZ-T<C4:KL^V<L2N%X)-
MC\JFN?`7'"HXE"\./7.G:&E`3RC;B9JL\NH?E4C9'UO\WP_Z`\AS<NE/55K;
M44!M5$OG2M5,7V[WAOE&R=2>#&FD_"@MI3MH#?N*D*#3EB"YWU;58:[1NT*"
M#HKH^W)KV,DW$U3(3^/DI]=I#\OD`$_:UV4TQI/#0_TLCFW*U"*EU>L.(=O(
M%Q'RGG>4(<$I'Y!4S)K5>B.=]F@XS'4FSN/A9I.UPXG4"`GM<'K:X42JD)JL
M'4ZD;$EHA]/3#@<41IUO)!:68I#^MHV,Q-)<N.99KK2CW!J,FA-9'03I"6@[
M5JQ3K?92V]U^G]/2D\9*8T]IJ;(LI%%(8\X@>-CNR8J01L;2*+?DAE19"VGD
M2!J[O79''NQLCY_P['\B4QSB?S5W%,TS/=0B'$Z#OPC#O\FL\6"RU(L-\\(3
MQRWI$35B+`W3)_(P6D3NM*F(-:W9U`)%A^KAA[?5S@`9[8BY%:53]AC[H%X#
MRB;$^9DFS[U^(K%ANQPI<71Z=(,IB!(2)9%%*9QF4DY/:-->:J_$C:Z#6CWT
M<JQF6'&?\>%FVXFJ+DERV(BD2$-^GNA1XH+E(4LI7@?%?BVT>RYHE)-&W7ZU
M2PF?7U2+LVCH(_2XT.-"CPL]?M(T.J8>W]DM-N/>VXF&!C48BAK4/]]*O<#`
MC>JAHZ[!5J1_2VM57NTM6]H<5.#2Z^9_+_E.78P^FSEHIGFY6+U.!UIH.Z'M
MA+83VJX^;2?<3*%X:^+'1[30#"OG(950O>=E%4]"\]Y:GF-8KC$1?J90=T+=
M"74GU!T'CF:UTJY9,P2%<P4XJT%N;J48%AI,)\Q-\((K_"%'FWB^9O(%GS`X
M\(*HO_'1:7,2%N=WS?1/-XDKE*Q0LD+)"B7+NY)EX=*7*`'G+02(N$_*/9NZ
M]DKKRD;KU6O+"LP+KL^250UUO9;OLS%%DF%)?R#-X0SPTGTJJZWLJVI%-=O6
MW$KMR(:U8O3K-,3OL=SAIYF@Z\KVB*VZ]EM8%F%9A&41ED58EI.R++G'L.R(
M]9C/)RP?Y6WOG`%3OJ0+Z>^]07O`67.@4K>N#FGQPL#D[F@LK0P'K5Z^]F>T
MX.^'M+;;6D=OFM,><`6FF$G*^TS27EL=*;G&>0B>8<`S96Z5':)D-B^5L=0Q
MP@0R!+/54X4)9&L"NP.>P#P+==9P$]CKC7(I-<$SYVT"=W:S9Q(F\Q/\]H;M
M81>BWT&G/>1LR`>#O/.Q'0"EW^'5_'-DU#M81?,$T=G-9^YWVK*JYNK%6ZN1
M//IHPK0UJTH356C3.)N`+E2[4.U"M9^U:A>JNHBJ/JWPX]GV\I59\YAOS.(T
ME@/<JCVC*S#\]0S-F-SNY9IQUP`5>NQD(D<VLL"<6=YRA&644'-X)W=2L6K=
M+`[B3M0P%IK==Y:&4=TYB4<8QD8;QOQC"(^7%Q3FKLGFKO"A6_<4!Q\=9GD9
MC:4KV?NI<AMWP`XH$W=T#55CBG'_\XLTBJ\[M*EHQF(!]<I*K,J-\!!*1"@1
MH42$$CEH?@2S*:=RX/FDQYP&+A;[0:?DG\D+3,'?"7Z&AQ<XV3(+]0$Y9-JI
M-4'2I>8B71J_:8Z><;=PF6?S62->.Y7L/'M;U[X#PUIA0JFD63K\H+0D;XZD
M*WNQU*R5-',TR\/;I39:<!W!>[VY@^CK>:4>&=TY8[Q20(7QWM_LBG;N(-=S
MC`F0RYUK^%\M^-4233SC%9DK3%A;FB#'TPQ+^A.M)+18FO8*X3>\S8W)7)IK
MKZR)HDFO>%%D(/!DCG3?1)*.ELC2$7XJ7C*PFC:9&^@5+<BOIO$*@PG"2[C(
M*7F8>Y%'A@@GF+,MP8ABPJ$N8=^)[<"&[6`$\01_"EEN,*$8?8>?$=FC](*0
M)1G6Q/1UC)41+N/%QG]*8D@6H!ONQ+1='_^AS9@3QJZT1,["\.!M+ZL0C(GM
M6P2QF6_H1.%@S4,(RO;MZ.*%*+*EM@+HV3Z<5HRE'I?62<!1"\W#7X/?3C7#
MD5ZAKQ"PAT;4,OZ#YF$&L`@G8=WW)_(`ZUB'3X!'PMG4'GF,CA\(#R#L)/DN
M4$"37@S+7AB:*9F:YP$G+FP=F=*;X<WQ7[_@%^!E:8YI2ZZQ\$W":P%;;OGF
M1+,P^V&*.\"`MK.T'7BQYKK^(AJ6_<)80?@>7FM2G)8:7OX+FF@^E@C8_'IM
MP'\+_$^R*+QV+'>2%;5WDY:VAUD%=I5X'!;+5_QGPKV`_C^TQ?+CWX:*//B(
M"8$9'"0,A%%S#!=DWB:?)8['Q=-D;IOX$60%[9,QIYV`8R]MC`<`]T6SM!ER
MB`:[\KTW#1@`\S%VH@P7*\:`OZ,_C%T7\VOP':(6;_[R#6_%6#<_:`YF3&,9
M*,@'$U/_?40[I?,15@2_C'\E?_PQ8.VEC]G619$V)M\T7*#KTK$7F$7(KPVX
MEHZWF-XSJ&D#_PZ1'4DNFF#,\`^8"W3`A_S=Q4;"Q00&7,A#7PT=I?6Y9P1_
MA#?%PA^_)52F@2SC/X1O6Z9V[%MX(6WI!ML?\C/6_6P17N+M([!-L!901F&;
M/XED/F'U#IH@;)NQY+GS2!&[4J"70^M(;8[0P(WM'C%H6FRW8&-8T1FVCH4W
ML+QL-S4UF#L)*^C2T9*T*9`N<$6P@D=KC>)*4]\T5\27"-D!-@9_CTF*%X#Y
M!E`V+-_V73/T;]BN=158ZIC1L&6V+4(>8&IM.C5,@U@F/5`%Q`X%]`AD9Z%]
MQX9BD="IA`TE[54S3`BIB+4/C1!VDYRUB+'="0:+[0/57B?S^++40]M2J%/9
M/A8"'M8>"MOG6:R#!`N],7XB8R>%B,$;-AEQS,D^]E*S3]CYPX'M,PFJ$W!\
M3:17$,5@+<;VF=?8+A+]J,HMKJG%OR*1A[V6*M,=&<JA&'`IV&,LIR0:LNS`
M56'-7K=!3.($H3!YU:XX.1G_A1$^]H[`OPK#7>Q9>V;@54^1YN&XOI7R8B?8
M;7*-*;B7F@LAD*&]8*..O4?R:+#BC.-P[$08.)C`?F'LZ\6>C_2F@3,,491A
MK9W"=+`*>M+!6](@2Z%#0(O`IWW13`(+CB]P-`%?:4OCQ'[P9C&*C@^/C0*X
M*%L3NI!)#S]XR]1$D]"C#=W;K%5K1"=L7P4.XB=S,MW"8)PIB)88Y'6P8PG3
M<EPZL"SWDD]V`!?Q7"5(9^E24F>1C"KY_VHBK\JYAY"*KR:V"P&1J7GK.(NP
M`3`D#EO@""&4$,P&ONE%#*"C"83;45:-9HX,8JRC_.@@X9\_^>[%3-.6'Z[C
M_-O]]"JQPL=@;5=XG>X39#M)6OXAC*&>T7?OTK0G?_[RW_\E2?^,'O84)B'O
MI^0K1".D'QIE_YX@OS&V](W??`6]-X:$*I:@9_#7XS>1V`/_XQ%-?W[WZ?'^
MR[?_U:R._`U8X=OS_3?,'VKXKQNLN+S5-RA&&<K=WK#W3C+TG]_=7G]35;GS
M[I>-8Q1RU!+1=7UX8VI+%WV(?DCF090U5<GWZ7L;.PM8.@7.ZCHYCNKDKKKE
ML`X_<^9@O:Z';_G;)_*_/:?2T>,.>SG#%^]ZZ23J_2=W=S3_4X?REN(REKT7
MR4O*Y+QRC2B+$^A$QJ1(6FBI/_22D6#6VIAU%Z_*\J!T;6!.KBZV4[+.FM@]
M,P#81]$2G5@$[;FB?:YKKH+V)T7[G5T.=UDT5=UW;588-0;,G5F@QS\;U]PJ
M/9[=%;AKN;JEE^G25@JC/86!DX/Z;@\9W'6H@R'"A=;$#_\B?X<"MV#H:#!Y
M2'K`/$(8)+?!$Y(N)%U(NI!T(>E"TH6D-T[2R_7_:7X@4_!,)8L,][[G>EI0
MG*QYT@N:&18<3X&@PDG2"2I<CAH'J*VAJK1D.5=WN"+7EO+<6BJC;0NLA"&<
M^>Z5-YEQI$&[WU5S->L1TID7Y$%+53I8.G.U?A#2*:13ZK>''3G7B`8AG7E!
M[K:&0[DU&.8:[".D4T@GELZNO+MADP@PF*']:U`XW1A=R!&CJBVEK[:Z`QXU
M7&7/YY`.6.([RC!_285@X8_=[J@U4G,U<10,S)Z!U79GT,W72E,P<%!3T>H/
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M`!^AK]0'87B47Y(OJSWKJ.KPK&8ED+_I.@\:H&H:U*PQBDPQ.$*:6K"\8'G!
M\H+E!<M7QO*Y2U7R^X?U37,L[3+6,YV"[RJ98]<,JZV!W&MU.[ENS%6/Z2#G
M\)Q<*QF4'GC#ICI=+=,V_`#&4:NLPU<Z[?YP6+8X<C^QZBN\.+8H]EJC/O1^
MSG?C1XCBV8NB/&IWNL-<-QB%*.ZY1]Y5>JW.(-],;2&*9R^*6$1452W>E*-D
M#,"]9W_S'3D3P\W9K^X8I]['5D'ONYU."_\S5Q>?NE10*<5R@.QS)-'==D?I
MY+KL6Y]MY8A=+P2;'I5-<^$O.%1P*%\<>N9.T=)PD"[9CC0MU,^W"8?CQQ;_
M]X/^`/*<7/I3E=9V%%`;U=*Y4C73E]N]8;YV3K4G0QHI/TI+Z0Y:P[XB).BT
M)4CNMU4UWWQ5(4$'1?1]N37LY.O+*^2G<?+3Z[2'97*`)^WK,FJER^&A?A;'
M-J5SF-+J=8>0;>2+"'G/.\J0X)0/2"IFS6J]D4Y[-!SF.A/G\7"SR=KA1&J$
MA'8X/>UP(E5(3=8.)U*V)+3#Z6F'`PJCSC<2"TLQ2'_;1D9B:2Y<\RQ7VE%N
M#4;-B:P.@O0$M!TKUJE6>ZGM;G_W@">.?)NF2&-/::EROA'A0AJ%-'Y4A^V>
MK`AI9"R-<DMN2)6UD$:.I+';:W?DP<[V^,5'71080)%SH`6YKSOVO;GMX&WJ
M7RT,8^(E#Z9FN9>KJ%B:M!QYU*P9^X$72O4#+^1.FXJCTO*F%BB%4P\_4JQV
M,L5H1R2H*)VRAZL'W8!7-B'.+VEY;IL#HTJA.$B)`[VCJW%!E)`HB=B^</)#
M.3VA3?M.O1+WC`YJ0-#+L9IAQ=VOAYO-$*JZNL=A>XPB;>)YHD>):W^'+*5X
M=0[[M=!.HZ!13AIU^]4N)7Q^42W.HLV,T.-"CPL]+O3X2=/HF'I\9P_3C-M8
M)QH:U&`H:E#_?"OU`F,@JH>.NIQ9D?XMK55YM;=L:7-0V46OF_^]Y#MU,?IL
MYJ"9YN5B]3H=:*'MA+83VDYHN_JTG7`SA>*MB1\?T4(SK)R'5$+UGI=5/`G-
M>VMYCF&YQD3XF4+="74GU)U0=QPXFM5*.]2&P>V-`IS5(#>W4@P+C4L3YB9X
MP17^D*--/%\S^8)/&!QX051(>G3:G(3%^5TS_=--X@HE*Y2L4+)"R?*N9%FX
M]"5*P'D+`2+NDW)/3*Z]TKJR@6_UVK("4VSKLV150UVOY?ML3)%D6-(?2',X
M`[QT]\1J*_NJ6E'-MC6W4CNR8:T8_3H-\7LL=_AI)NBZLIU+JZ[]%I9%6!9A
M681E$9;EI"Q+[N$@.V(]YE/SRD=YV_LYP.PIZ4+Z>V_0'G#6LJ;4K:M#&H\P
M,+D[VATKPT&KEZ\I%RWX^R&M[;;6T5NYM`=<@2DF9?(^*;/75D=*KB$3@F<8
M\$R96V6'*)G-2V4L=8PP@0S!;/5480+9FL#N@"<PST*=-=P$]GJC7$I-\,QY
MF\"=/=:9A,G\!+^]87O8A>AWT&D/.1L]P2#O?&P'0.EW>#7_'!GU#E;1/$%T
M=E.#^YVVK*JY.L36:B2//C`O;<VJTD05VC3.YG(+U2Y4NU#M9ZW:A:HNHJI/
M*_QXMKU\9=8\YANS.(WE6+%JS^@*C"0]0S,&X^YY@HB!"CUV,I$C&UE@^BEO
M.<(R2J@YO),[J5BU;A8'<2=J&`M-E#M+PZCNG`\C#&.C#6/^X7C'RPL*<]=D
M<U?XT*U[BH./#K.\C(:EE>S]5+F-.V`'E(D[NH:J,<6X__E%&L77'=I4-/FO
M@'IE)5;E1G@()2*4B%`B0HD<-#^B].S-TK,R-V9S9KYE[#CPG06RO,O5^B,/
MV@I^-7[3'/WF+]_P5K>6ZSD^_-*]]^;(>9YK5GA?\\ZV7I'K(3WL<I,<T3E^
M^G;_:3V54Z:G<GX+%_B-O.QYM43C[X8;__81/QEO#3^=[/T+@E>\DW0T,1::
MZ?[\[O;N4W*PI_I.\BTC>+E+('SW2W<XE`=#)8%]75AP2`*E<A)T,T@P4('Z
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M\?:8SG`W2:YDV/[UZ1HOGP"`PY/V2!G5$I_DA.XX&J\Y%!ULHZC<;P]&G2.$
MG-R0--0./E9*S:'G<!L]1VUE6(M/G@>VYNG;ROWY%#5'6Z53;7<&]3@M)Z]P
M:R6IVMDNH,-N9RCT;5E]6R\YY6WD[+7[`Z4K%&Y9Z:P\(DF14]FJ<)5V1QG6
M0L^35[CUDE3=+J&C?O\(<3\W%&6D<.LE9W>KA';:RJB>\TH>-6Y\I)V/E-67
M(*6HU]M&O7Z[*ZNUJ-?#@6H6Z2J.+-6MN9]^>]B1!X)TQ4E7M9.Z-<DS:/>[
M:BTQQZF2KFISMS6?@\U=I],]3;$+WWOO>ZZG6;IAS0H5SVX_=U"S:CKZ7:77
M&:@,$-VV_B/"DV$=ML/3S2JQZ(WZJM)GH2PXA"=#`^^`)ZOH01W(O6Z'18:5
M0W@RM-P.>#)K$'K=(?YN8^`);P[`+076PI55$2`/>K+,4O=0ZS\B//F$*^N(
M'L.CJ#*+6)U#>/()5^:)^6#$5K@JAB<ANQLN1>K"3@ESG_2ANELC%T5N8U^@
M$IVT:U_<@;E'0%-@;HTEE$Z[/QP*-/?)<PK-7>X]M'AJ.)H)/5(4S3VV-87F
MUN/2;J_=D0<LTDOY-L8=FCDDO;?UI%(=MGLRBT1KP\',(>B]K>>$0<N:AH/)
M0&OFD//>]E.Z4;O3';*XEU&IUG3WTG!I..1+VXX!M\.:L_AH*\;;C\TZ[6$N
MIXGQ;KG%>F_AP5:LMY]I];&#FNMN]KF`O??0<2O8VX^@H&EJKBO`E8+]R;`T
M:V)HYJ^^!HE6A&XMU\<_3=`5AL71)IX;=S,HA]0:G/Z[7Z`A0]B/`7Y<1NTC
M-MM`+#1G9EC0*>*#'+2?"G\3M.P*^UR9AH4NXG[/+)IQD7\FI\B&KX5%?>C$
M;[BS/23U/D@Q:-*#@Q:&O\@8Z+S,L]ENQEX[E>PT>V//<R0!/VK62G+0Q)Y9
M^`NNA(V4M$":"X?2TC+<*OZ`J6%NDSQ;FD;\),TBAI+>6[9UH6/&?,5<^HI^
ME(P8+7B>@];_GD0\!X.QM<G$=G3R^S?#FTL>7A/\SL>\9<WPZPW\IJ6)5S*U
MG<PW9SRX79(PHZ.29>Q*]E2BME#P'<$SL=22TR%)E5MLG\QXH:!8&"\0^(_Y
M(NFQ`J6>V$H*V@1A*8*F-FQQ>--<QCC0+1U+/6XXH`=FE-MR./Z;L`#CQ<IM
MNDLQ3X+T$FR]A?G)7:()*&5S!6R&/1D'/R6IT+$*]333!*=#6MJF,3%"??LV
M-R;S-6N^X6=*+Z!H31/!N;-D8^>#Z&SD>OC!Y'G(68`"@]^N-7)L,_%[V6XT
MDA:R8,VB-[.2##`UAH?M!MYW:-IT2?/(&O'N7/CL*SF@QPN/MXN^+X-=8HBV
M[#KZQ#*X#F<[\9;C7P5(A"OQ7;!JFN08[I\74P>;+]UPB;63L'N'4C"E-A:3
MQ9OC=?LNBM_/&,WD;J9DG9*.<<$0K#?KH&7@HF)GP<'V6O^W#X?Z8,]=_\5%
M?_D`:`AT0`CR1,Q!<V0EOB]IKNLO`A=7FLS!&PXA@MUM`0E_*4(5GKY^B8[_
MR!:-9CL22?\.`7MC?`@)H"I#@M]F&!U"4=^:V&R1)*)CD.=[$M*P5GG13.*U
MN7.$`MJUI=N`K-&B=03*!*,5LGV\W&B-\5-;DN$1'];!3*9);X[AH0M[.@5&
M<7W\-FT!_$-<SHGO.,`N2',LS&I8-P%0"^W?-O[6*F*M<`W_T!;+CW\;*O+@
MHYL)%V/QPX)@N!YCRQ+IH*2F(S(T]:'T-%:9;%]+Y#Y"C-`/R&;9GK3"!`?[
MA(C&Q.J%L3/%&+ZUS9PZ]D*"ZJ:)1TQ($(^P9@)L/RP7FQ#0BFW&S_X5^P'6
MAC2%^OW+Y>U8\E9+8T+LY%Q[!98Q0JD`D[>P74^RB?:(%+C]@A5?D)@@LD9C
MD]Q-*UN\]6!!)/;#<LIVQ[#(:5I;)!2)B+7.+M8B@1!6>=A@&U/,[!9C==ML
MIT%D'\Y/(EJL#5CDO+-]+`D%2`2`XQ\2E<5QP88CDW(]V.<]E#8]LZ'4`_^G
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MP-"IZ$O%IG)-L&Y$#KNY7(5>H.9XPQ$P8CNYK,#C!3X,\:E\4&&U^'25O`_O
M*AQC(_1/[1CU!A25#WE#]+6#WJ%T"J`4?6G?K$#*]Z#F.A;T/0X84)T3--KO
MR,=:A[QC'W,=A$2WP(N[/`M-LXQ2%?C$=!_NH+O<+^E['\2A_1I][S$I8R1E
MC4?WO7,IH2I52\/T<6DH*N6P[?>&A&ZO4W`8[*L)?%(GFI4Y0G7B?D4JT.$L
M(1?RRI;Y\H=`4#Y,.HQ&H^Q9W<RH-&K7::G)&02<J=G3DZ-4G=+$I3XY75LN
MG"F&!'A,7%EQ\RJ"9CM5=3!V@WP/CL$D%T;P,P2:+-"\"6LWB]C\H_E<7'M2
MA2*-XR%ZHO'HZ1M<X?DP),3.JAKA]113A.&%=F&H6:!Y"9?XD2O09(+F<W`]
MI2$VN@%>S^/V%CM\8BK\G@::VX;Y/!4?Y=9,M,Q:69Y]HXKAK]->!>HU9YC.
MQ?'5*:#_+\?P/)3O!$N`SRJ,"-MT-<2O2)T*5H9_K;[===@2H"$4.#'^)]?M
M*.A=?UG+VZ7W\H\TW1-OYU('GJP#1M^HXL9;IH4WNR[T\(/X+.KIMH]CS$SR
MJ<F-.K"F?#6G^6E'KGUE48J^17Q`#3@WP-#5Y0RAD5N=C$O1^;3(`7LH4+#,
M#?Z\,*;*&2Y4%3=#8-[+2B?#T!V_C)X;]`57UL^5=!<.P9&"(X^J)WLYU61-
MUQBY`9\7IB0W3;E!I<NDU4AF4)1/1PIV%#JR<AVI#H4KV02F/*_(.VL6#$?9
M(Q8GK6L*IHFR)J%*[P?O8.;8OJ6'>_K;)_*_&E)_6PCU+?X?$RU2:'\LU$O5
M-,A_:;SV)3*Y>"X(*`@H"%@'`;=%!\4(R"!LX(B`V0%EU0MDT#!)$*\ATB?4
M9X%0I>HULFDU5>C5%15NRKN*1P9=EEHD?ER9,&&P]<CJ1^E">H@G:86#SMQ@
M-I.#\.K_@W1IIAF6*[TW;==%[H]1\^&I[6"LHLEMDY6$OH?#`F$:2-:XWTSH
M?R*]2^-_B?ZFK$)#T=_T4)MV6OT%1:NT4\)']#?E"1NA?VK'2/0WW9^J%OU-
M^;][=TI&2?0W%?U-JU0M#=/'?-?\B_ZF?`@.[PT-1'_3X^`N^IL6II+H;RKZ
MF_+FUG"GHX4SQ4F[M88[574P=H-\#X[!%/U-17]3GCTIT=^4![D[?8,K/!\.
M&JX)KT?T-ZT'3='?5/0WY=CK$?U-^1"\TS:W#?-Y*C[*K;^]EM(HWZAB^$5_
MTW-!7_0W/688(?J;'MFW$_U-C\G_HK]I<2_XY!RP7`WF17_37#6G^6DGNJP4
MZ6^J*,.2GI3H;RIZ4C$&YKVL]D13*L&5?''EA>!(P9%<<>3[;DXU*1I*BOZF
ME?8WS>=,"G84.K)R':D(5[(13'END7?.R2*BPVGER;\MI!(=3D6'-T%`04!!
MP+H)*)IDY@TI18?31A"O$=(GU&>!8$5T.!4=3CGO<+J,]KL):J*IZ6@9_S.(
MH<EO3,-"%]D18L'0.'P'O/[#NH_J\QQA1$S3?C.LF11T9%TZR(4++)*'_XCI
M'I9!842GON<[2-(6\&]`>QE>^L,@!O<I`>$7!#QG!O_6+)T\9XD<P]8EPY+>
MYL9DCG]GN_'GH$FII.$G)Q]C3S")/M#D6.X!G7U;V;T5'G(_=T?$X"N'F8=>
M)_?3>YW2WD,9)^&@%$9/W5HH74QAJ[66)16Z0LR44?):@N/S;#&'A@$S5^(*
MGP.77\4:.N^]L4W^*K7K)DM!5O(\5U=Q)E)3*9<4;3;.K[B6(%J3Q+M0UX9M
MDEV!`//A>QU^4%;*2V-XZ/4\=Q"2%OB#<^R<6SK2,SQI7@2SU)DM*\'+DQ#L
ME6[^5BRH[N7`<8M<U&E]^1!>7D3RB^;@N%>56Y+2D7.-W#RZ-%8E8T<K$NM1
M@!Y2S$6)'\MZK@Z#.%((][&$^W]]"TEJ1\AV'OO)D?BI^:[X"_'C2_R>T-(+
M.VL(&6RJ#"JYJO2$#'(F@\GF-D($&RJ"W8:)X";<C1-`(1/[9.*L$B;-9F:6
M"<PW9+XV.8,IA$=X8QQY8WTA/(WSQD8B(#HE$1P($6R<"`YS=9X2(LBY"+*Y
M-"]$L$X1'`@1/"41'`D1;)P(]O/IS>.+H$@+GKQ,G%5FH]G,S%`3?3)>D;1"
MFB-R@D)RA"M6RA7+>=@GA(<'5TP9BDJE4Y)!$0XU4`8[32N3$#*X0P;5;G1+
MW4':U,N8.L&S2![KHEKQ^S)%EGITD<\W@H('D1?R'M>2V)YF-E&H*^[,>5)W
M>>J![-AZ2&[),N=5`>?3&0=ICH7TJ`F.Y*!79/E(>M%,S9H@XE2$'7/BOC;1
M9^&K^+EN,/\\^*CM)#KEN-'+,G-<]??`Z>S)J'<[FP'"?I7?W7SH\7+JN=<N
MEX^<&'E7ZJA``Q^5ZHS!"SK['YZ_^U\^:/)T[BO`]90H'0V=;K=`H^OH2Z?.
M.4V3JLE!0R*+S2;N4BTE*VU*DMM?9VU\=L95PA(*2]A`?28LH;"$YR%5)V0)
MB_28%,:05V-8EC&+E6S4R[%?PZQ(KAP5R_T>1H'>#@K('<8DB!]8L]:0/I'L
M$Y^DX.-T.<.XE7IU*;M7`]^?L.;)S^S"4M;0D9GA.=JY<WC8K+4Q^IS/TH28
M4[H[.&4T*EVR4&H+(\J.U,%9TDUX+-48%A,N@W`9:E6HM)DNM^%FNQ,EU..I
MM[;GT>\YEC6K6:P?@T(,/HW8801+4*M@15,M=*TSL;2<.D#+/$3M'*F7_)Z#
MC8-8H">SJ&NK962%7*NO>FNYGF::"RC$:K*(GY=.'D\F#H(Q0H)D32%9D6!P
MNWM<B1>\]UI+K6YP;8-`:FS7D>^F4TU.;ZF*^5,K@%='>1V%?/7L='Z":3W[
M:)BO-6'#6*S$^AA,N:YXA2P*A*IPL)M%O*B.J.XE,JA?.GNY*Z-[RPA>^?(J
M0;H&D*Y>=WI?URQQ1"V.KYIR?,4)V&S?7,[?JC*ER0?<&67<Y1(N93RDD^=M
MH4C.!.SS3.IQT[VBY"CG<_=NSB#,.E:^Z>RR2$?+#9U7QN=HR0"A-DX5YFT^
M0[U5>\*U2;DV7S1G,B\V+Y0+J3FB5\/!P9W:E+/A:O3<T<Y[J4T=P@L5KE[M
MY.*#4_3@CM;\CG8/#^E01[F!+#MEYNM/+;0"VRH0CDQ$4^HZ!"-4S`B]7..#
MA*?.H:?^O[Z%)+4C'/7&"9_<&N8<8LD%Q8Z5QSRR+YUS'L0I^M+"W3T1V>)/
M%YZW1]HL6O5RC<L63B.'3N,36GKA91+A.39/`K'G>.8IWD9YCOEF]`K/\>B>
M8[XY'N<D6_SI0N$Y-H=6O5QNAO`<.?0<-V\A"\>Q20(HMP:-N=0K'$<E5Z`M
M'$?A.')++`YUH="#S:%5+U>V@PO'D=,KN^)F;K.JH_D`6MQ=.7772=Q=$6I#
MP)P79BX\C8U9RPUT-%C>R7U#YJNXE,N_Z/`!M'!LA&,C'!NA-@3,7#HVXNQM
MU]E;`S.89WWVUN^(<O^FG+W)G7SEX\+1.O;AVU`<OC5'&8J3TB81J].\XS?A
M.^[V'?.5EG`A?V?M.W;5!GK[9^H[CO*Y^<)U/+;K.!"7:9JC"Y5\38T$L8YJ
MN(;BLNBIN8[YKK-Q(7]G[3HJHN2_,:[C,-]]&N$Z'MMU[#?P`M09>R."6,TA
M5E\TISLUUS%?#RTNY.^L74>Y*S1F4US'@6@STC#7422R&J0+&WA@=K[$:F"C
M$7%?]*1].5$?+:Y5G)+S)*Y5"+4A8,X+,Q>>AK@OFG`5/QFO2%HAS1&713F6
M&SZ`%EZ-\&J$5R/4AH"92Z]&'+WM.'I3&ECB>L9';WU97!5MRL&;,LHG6\+-
M.O;)F](5UP\;I`L;:+K.EEB]4:X:'^$Z-L!U%%5;39)`92AJMIKB.LJ#?(Z(
M<!V/[3K*^5J1GY5T\:<+55&UU2!B]7.U7!*N(_^NH]J5-$N7O#ERD#;%'EGS
MQ/&,/<F+AE`K?-B+[7GVXH)\X(-KFX:^\9?PZ4>A;NF5'MM3[>:[1'Q<3[4!
M'!%YJ=6R1+6^<#=?CT2A(0[0_Q6KB$H=N*;<A1;L4`L[*+G.,/GPYX4SOR;@
ML^UI9D-$F@^/_0P*F\*'>?8R2QO!KR-5E*6Z=-M_,5&F[E(KHR%#D?A['G%0
MZT3LV/%!JS-L4MM#P<:'&^9TI')\/JXTJ!DUIDF_8.'#-7':FSX^"U=[`MR8
M7L&"A04+9[-P2U&X/PWZR=,PF/&_=.,5?O[G3[Y[,=.TY8=/AJ59$T,S?_4U
M1\,\B&XMU\<_3=`5WI6C33SW&2_XTK0G?_[RW_\E2?]<O!@?OEI(<RRD/SAH
M8?B+1^0BYQ6-+?V3[_D."G]]@S]C6#/W&=80/T6:X`?C?SRBZ<_O/CW>?_GV
MOYK5D;\I';G[[?G^VS6:J.&_;BS/\%;?`/2AW.T->^\D0__YW>WU-U7M#=[]
M`GL*MT0`A_=$F*_1,[6EBSY$/WQ<:,X,PXC9\(.2CDOI4'L3Y`8&V[FU:L4A
M;]61;<4!;*4GZI75$!T`#8-;>!67\E17L7.`T):_.M<(SFF:5.&ON$O-^OD'
MY0?)L=^"G^4?-B@^H"A^B#:*OE;&>Q@2[,F_WP*;\F*;.IM4)FOCLS/I+"RA
ML(0-U&?"$@I+>!Y2=4*6\.;[$DT\I`MC>`K&L"QC%DN/U,NQ43ZD3$ZSU'X/
MHT!O!P7D#F,2Q`^L66M(00Z*3U)P6Q90ZM6E[%X-?'_"FB<_LPM+69C7N.LE
M>PX<'AXF-$:?\UFY&7-*=P>GC,I7=);:PHC!>5U^SI*B<ZK&L)AP&83+4*M"
MI<UTN0TWVYTHH1X9NA^5\LBM)>&'F89ME=**7/@]Q[)F-8OU(WI%EL]IW'L8
MP1+4*E@\5`M=ZTPL+:<.T#(/43LYZ];8)7P.\T!WL4!/9E%"5@<71"NM32&[
MGF::"[QD3OU4H9-IJHTG$P=YV(H*DC6%9$6"P>WN<25>,"<-/0I9F*,ZP`</
M`6U*`Z7ZC7QS:\TY*AV76Z/&#+RO6\H+=RRI;84-&EC!,?'R7]EC='&B(4,P
M."9=*=TK[I\+TG'E3G,ZU?14CJC%\=7YG16R?7,Y?ZO*E"8?<&>4<9=+N)3Q
MD$Z>MX4B.1.PSS.I5ZJHG&5CK[F#D+3`'YR+L:<%Y.0,PJQCY9O.+HMTM-S0
M>65\CI8,$&KC5&'FHV&I<&U2KLT7S9G,HY/&IO0CYL.KX>#@3FW*V7`U>N[(
MC4IS\D*%JU<[N?C@%#VX8W?[S,<,U8YK;<J8@=/B!`Y-1%/J.@0C5#UF-M>,
M2^&I<^BI_Z]O(4GM"$>]<<(GMX8Y>[US0;$SG3&;<WSS*?K2PMT]$=GB3Q>>
MMT?:+%KU<DT#%DXCAT[C$UIZX642X3DV3P*QYWCF*=Y&>8ZY@FSA.1[?<Y2%
M;#5&%PK/L3FTZN5R,X3GR*'GN'D+63B.31)`N35HS*5>X3@JN0)MX3@*QY%;
M8G&H"X4>;`ZM>KFR'5PXCIQ>V14W<YM5'<T'T.+NRJF[3N+NBE`;`N:\,'/A
M:<A*TQT-EG=RWY#Y*B[E\B\Z?``M'!OAV`C'1J@-`3.7CHTX>]MU]M;`#.99
MG[WU.Z+<OREG;W(G7_FX<+2.??@V%(=OS5&&XJ2T2<3J-._X3?B.NWW'?*4E
M7,C?6?N.7;6!WOZ9^HZC?&Z^<!V/[3H.Q&6:YNA")5]3(T&LHQJNH;@L>FJN
M8[[K;%S(WUF[CHHH^6^,ZSC,=Y]&N(['=AW[#;P`=<;>B"!6<XC5%\WI3LUU
MS-=#BPOY.VO74>X*C=D4UW$@VHPTS'44B:P&Z<(&'IB=+[$:V&A$W!<]:5].
MU$>+:Q6GY#R):Q5";0B8\\+,A:<A[HLF7,5/QBN25DASQ&51CN6&#Z"%5R.\
M&N'5"+4A8.;2JQ%';SN.WI0&EKB>\=%;7Q9719MR\*:,\LF6<+..??*F=,7U
MPP;IP@::KK,E5F^4J\9'N(X-<!U%U5:3)%`9BIJMIKB.\B"?(R)<QV.[CG*^
M5N1G)5W\Z4)55&TUB%C]7"V7A.O(O^NH=B7-TB5OCARD3;%'UCQQ/&-/\J(A
MU`H?]F)[GKVX(!_XX-JFH6_\)7SZ4:A;>J7']E2[^2X1']=3;0!'1%YJM2Q1
MK2_<S=<C46B(`_1_Q2JB4@>N*7>A!3O4P@Y*KC-,/OQYX<RO"?AL>YK9$)'F
MPV,_@\*F\&&>O<S21O#K2!5EJ2[=]E],E*F[U,IHR%`D_IY''-0Z$3MV?-#J
M#)O4]E"P\>&&.1VI')^/*PUJ1HUITB]8^'!-G/:FC\_"U9X`-Z97L&!AP<+9
M+-Q2%.Y/@W[R-`QF_"_=>(6?__G3XL7X\-5"FF,A_<%!"\-?/"(7.:]H;.F?
M?,]W4/CK&_P9PYJYS_"@9[SV2].>_/G+?_^7)/W3=R]FFK;\\(A,S<,/TAQO
M]>QHEJM-/,.VW&O#G9BVBQ\6?U&:8+#P/Q[1].=WGQ[OOWS[7\WJR-^4CMS]
M]GS_[1I-U/!?-Y9G>*MO`/E0[O:&O7>2H?_\[O;ZFZKVAN]^@1V%&X(?EQ':
MFP`O-&>&<<-\]T%6"6KA;P+>^M`EOS,-"UUD7S\LR#3DGV_!$U]L4X]>"XOZ
ML(Z([VP/24KG@Q2B*!$8I22.%)>Q6E&P`HGFXF4>5+L9H'8J@30;P0BX)0;.
MP%_7'"3I:(K?KDN:"T=[TM0V3?L-\W'&Y<EXK[X9_60:T>),P_4BQ82YF9+>
M`V`HO>O@`>/IU#`-O%%7LJ=D4U?V8JE9JP_2V)*TZ*^2@0$@4*SPAS1/T@T'
M33QS)=F.9%CQOT`.'=MT6_"%\!\F!NPE^*`K886$'/R7Q<*VH@](;X8W3[Z[
MC7\(_H*_D<!\KKUBL%L2,N!@E6:P4DAD[ZA%UK6TW_#[/#O<-OD=?I`V0PML
M8LE1K[U$CN;AY>$/F\;$"`#58*NP)?P5K(UG<\E^LY#CSHUE"T`A"&!YA)?:
ML*DWPT5MFIM,@V<F(CH5=CS%VWB;&Y,Y1O`5N1Z@$TB.-IE@8P3R!)_Q70`*
M4$1_^5@=2PODS6W")DDV:!H.SX[O>@$*L(T79&'>]8`/$%M>72Q->X40%C/7
MQV!CT5@BR\5*G;#BTK'AM>Y<<PC,P:J(V`(I`L:-9#(02%@N^1Q^*.9-6/*:
MOQM'AP>\[XFQU,Q0VC946U*EK#^`!1N[1@#)GQ;^;4B]B9%ZRL+&`&(D+4GN
M_$_TV%>;R+T!SC8"J-.O:QQ\7]::;0.X2+8GIJ\C8#K'Q8X$_K5-.`OO?HG_
M;6"?C@B!-ID;Z#42=?OEWUAW&J^4J2%,"\_`^AV1/V@^5@<.*`:L<S&DV$LT
MW/E:L\(7%MJ?8)`G!O"]"]P<K`Y_TTV]#%:&'_."U;CON#[2VU)BAY;M+#03
MJ_UX5PNVLDK*@N(M7]H:,-E4NB:6Q';<P,*P?><5V\=A*DZEF^]HX@.BC-=Z
MCWV,24:!5*F'MM@^3KHB$-S'-CY<=$OZ'?]'PD&-:^C`309V:K#:G2$@\3)6
M0R]@\)"+38-O!<YWX#,0-R8I1?AG+#@+R37PXC0GX/@59G5X:?SEYFF4M!`8
MBP72B5M)'A+Z2LL]6ILM20%_`^OJA)F3GN?8WXSU0/`T[)H$:\?D68`/G%XE
MV`LM_$S::DH+"%%B'Y=XE5/31Q9F&/P/HJ_P$_$.\3NT%>BGA,.<_#@VU6BB
M^2Z*$`E7YD"$`OR`+7;C6.(^X/TPN"(10*2_UR0'7'2$L3;8$G\JV18*PYDH
M9`'()]BPNQ@,`TNW9GG$*D0TV_#Y;2?EZ!,#1[:$30U^"L85/D6<+GA7^!$O
MBK\A3@CW'O`)F"<'O:+`1W8P9TQ],$O$9A'WPB/>BN0B_$42DD7^1CVT'U5%
M>X+13N096[-]=,PB$G'I\3J)BX+7&H=Q,1E`]^^A-.B<?2P6,Q&)CC:YR`D\
MT%+<Q!;-,KSYTSHW<DA&:'34?-"3`2221\-12_IR>3O&2LI9MC%#N)A,X!H!
MTN`>0682ZY47V])=(.3,QYA@/`+Z+K55P'?8I9T%ZCLBYR)M);_XEA%8FDO\
M*.G6P@_68`UCU[5Q7`+?E=X3YU%;+#_^;:@HG8^)O\6_E3_^V,)&ZM4V<02N
M.2L<\^&]X-7;#LEP:8GGX7<;\")B\=AR"O;G@5<6\;8`(2(3EDU8)MH?1A1+
MIY6(I$/[NOY(D%6)M<=<([7VAB,]D5W#_SU($U,S%NX%1AS>&WIN.N;3F:/I
MD5R,QV,L6N&W068,VW=!*ET(%5)81WJBC6D1B.=K+)WPS^1G=1NO#>\++QUY
MT=.),\?8C\G@IQ1_OAFF"4Q'5NA`NL4!DB\@&^.NTWBAP@FQ(O"#/X2),9LY
M:`8R;?L>CL0L'3Z`OB])!CZ$SMW@>HTP,=N-)F]8,/;NV3X.CAD8+_`-`TH?
MFI5ZIMJEN["76R3^J(G9+T/CY\K['U?+@^2TXF0MV#77?\'!G:$Y!@K2VIM9
MCJ5COQI$*AA[J7$*5=+T5\.UG2!3@N-.3\/.AA,>4&CZPK"P;P<*#LP/<EYQ
M4.I&(OTE3/==^TZ@FF[7S_T5%&'"T'SR\?/?)\P)/`!^F;0E[4"]!,=\B41O
MPJMJ1?E>DJY/+C!,48:+E*8(N?%&P@7#^UJ2A4CVB:0GWT+3@3_-%F$7*SR#
MO%C#KS:<X+1GU2)KA+Q1&`S"-I-6]A,*O3D'&8L7[%.17;L)E.`+B4@F^HL\
M^$C.1<C9-=DT5JE>\&W8;GB*`#$^:%^L5R--_8;]*6)0$LYC;!_9HI+H"LJU
MHCUCB]!BOT*Z^JL<A"`>S!=)ET:4>B)[6S6JT59A+W3LSWR7*$J@8"O(%F@6
M6Y2\2#-CE6-<Z(;I!^XPV#TW"F#>-`>B'#=RG%]6@9G`7_V7YF`=.9,>L#;U
MPWPW#@\7<:2S^5WJ.Z!-E4YG&&A!;4%T4RM,&&%[[)M>H*,U.!%PD.:B2`'C
MV,R9&"[$PV!PB&*W0*^G/K7V<BT_2N7!^1E)"C`6#`)+>`+N>E"]$IQ.A)OW
ML7,1KYJ$&IJN&X!X*W%8I^'UAJ9V`RH(2",78>;8KHN?*)&RIL09H(=_,4-.
M`!JV1Q8BF>7U2;P]G2)R>I@^DB5GVO@_X;&MB^->AQS]MG'T0PXCP^`CW,S&
MVC0<(;-%\Q5=@+F*6`B@Q#(PF0-MY?9(CKS2-34S\`=0K$U.P9_\^ZC=&T%.
M/OAV6WI$TR`YD_`%2*6-//P`$"U"]^;!@0\"O$_P@J1?,`TRNW#J%'A#+SBN
MVL`IX2W$LM$N6T]S7%TU)M!OCL4+;LD'JHM]EB_B6<@.,/;,;<FT-5!\B9B8
M)'Y783((/'$[."0BR4,]/.YC[+_N,F#KNKP"%75!*1X4]#U@J<!Z!GOV]]/?
MR4GW;93<NY]&$)>JOX-#W(5FNC^_ZR:+\4;O(%$5/!/+-'KW2Z<M!T6&AZQI
MO8,[HM+OIT\D17%),A2,%GQ[]RFQY'XGL>2',%OT[I=>L.B,9:S7>+]FI)LP
MMW)O;5OP^.G;_:>#UWC13RY13BSQZ]/UNU_4;E"`V@E6N6\AZR5_!@EXMN-S
MX?!,U+UWXK-M5C!WDCM0$CMX"@S0"M:"^2/8P@$+2U>:$B5]2RP6CI+QSC%_
M&;;^1$P&^>/]D@C*36@B](KX1TUL+3!8[W[IAL0IOMB-S<('+[%]U$%0$%8"
M\.DQ6)D@>+]<K3_R$&07Q]@*Z>%C/]G.%!E0R^N.+1WSB!%&K+=6L)**L.EF
M8#/H#[J=?@*;JO=6(=^H*6S47-CT,K`Y$98I`TL_`Q9%Z0Z&?>4T>$9)@:/D
M`F=PNCQ3!I9AE@KNR\-.[W@LL^]U[I[W122*G_\OXO`C??R*'.Q$17]_((%/
M!;Y<?Y3V.O`JR((QM.U.'EEDNE-.4<ZE\9(H#SK;4.X(B(LKB!3$<M,AWO;J
M.#HA.F\<%.#^9\/Z[`\\OH4+^48>^KQ:HO%WP_V&W?)O]PO+>/'=!U.S@GK`
M[5IXH&1H83F.4RK;;!K+(*%#;-V5MC0\S0P^']YIT[$:#RZU@9D,RQ*.@%56
MT"!W-['*O9EUH!=\,/`%OD(&,FG^88E7P=6.6^NS;<V>D;.XM2`\QZ$7_/4X
MJ&2%"V'VH.1^=@!#"MN>YYK%#4+Q9Y^B<\8G_&(-*Y7X.V/H3SF&G#K\>2^P
M6;&&W%:&6[`M",FI@8Q5M>T\VX?#G!F[5(5Q_.OD`[!K>F=;_^=KIC$UD)[\
MTZ^DH$TG]F?L?=(,YW?-]!')O45:9IVC*Y&[2MG>`940#`6ZVN4S,K#D__V.
M7"^.I>0RKO86_HQ^>Q->$4ML>X-7'V'!J>]\,2QCX2\BUEP#/WSWRT/WC\Z7
MSC4#VYN!P_D@K'W/1GB$$>X)A--H8=?$PR+JA<);F'^''8RN*M`MB>X6WAW*
M]?)N=EZ**/"-+9%G_4J.P&N&<>OQRU"ACE]&5%139(?5@K0W)<$6)'43I#X'
M&"62=ORP4W<3*;DL4HEMUH%7S9S5JP^OV#\(2EVS-2+V4*%\%@5ZSR6-1Y-_
MO[)=[\[V_D!XR1-[9K'+R!0$L$_IK]XF@I5MO"9\`X)CNH:_@L_5;HB3F`^P
M@97_&'U11M<UH)RY_33T8].T)U!)DOW6F^_P8ZG\*UNF'5)23XG]85MB#$/-
MRF_$*0SUVLQ1AX)AR`*&@P3R6?M^&72%^>38"ZYAH@J%E$**?N^.:T:Q7ID;
M4?X^)7*-1+%>!3ZB`H):4#RZF=N:8MJ.%!40J(W0;4=`B@H%J""32YXJJ[\*
M($7Y_)0EX)*GCH#48!.I8L$1;]J^LE3Y=B0IEYTZT*X"2<Y3MW"0F+"<L)*O
M&"0J8APUY#BA^IJ3'6AE5I=C+LLX=PUR'+75G11^_`VYE75KX3W[I,XH/A@.
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MBSJ42/C9.V%((_:K9EB`X[UUC4.45](**>'_W:$0\6:`]_7IP7\QC4FP:12W
M_ML#IDP=;5#9OT-Q8L./AP>ZO/"C3!U[Y.-'<M$;>0"S"SACJVS%'TT`G2@[
MA=DXMH.,F77S?3*'T.:T$*5"C5`3EH:)U@#QLVZ^P]9\PYW#8^ZGU^C%.RU4
MJ9!C0\AW0E$RWFT@7%1\T4T:Y6.&NPT$DPI'+N0,-&L+=QN((%U&M2_<C7-B
MR#3Q"G]%%EZKB97B.-7^D64RGQNTJ'@CF8L]"(\TAE&SF),$BPI`$F!M;+SZ
M]$`#\:,"DE0JK^[L0/,`5*@@9)2AVQ@D!QH(#15<7/0SL*DF-W!XB47E<#UA
M]WX")=-Z&.!BM4U4DT5>22*`@P)>A8HME"X5\M:;13A)F.GZJVZ_9&JAZD#Y
M).E`13&CE-_(.**.#TV?T0)F13BKV\42?QF>$[QBW4K<?;`=V,RZCOS6BH;\
MXF6=&Z&H"*E+50(Q1#>#;('U.#?8J;"*JA--@%,R"7*2`%*1UB`KLC]*GN0D
M\:;+W'H9>->623E)C.EK+\/!WNJ"2%^0+JZKN6WJR`DK":&SQ!49+83UB`]=
MGL_/P*E4D*=0]Y@/A8YQ?NLDX:8"1[D[V,2[VDS82<)*5\&I5&W[OIR9\!I4
M*CSL9>7,CE*?=))X4V&@TAEF`%Y;DO(D0:9"N-X@Y9NQ2V2>)'QT**:,.$IV
M;E\X%0(-0]GB-Z6X?3/TS?=NG[I)T[#$W?;=4IY^+R6QIYD>VPI'E[[HWFE<
M%FK[[BB7F'*(:\SU;%]FAHO)3>E)B6UEE1]QF;'8O@7:B^JJ61:^FC*,$@NG
MD\LJW<;HN,'@]L73U?=#RB#5'')M7RR=#DT5NG,=V&S?55:%")=AP_8M4)9^
MJ`XR1+<.YWSK(GNT_>V-AAFK//GS_H+E[#W*Q/>Z5*L>SEQQ_D'=WY&F8?$`
M_Y#3Y1-*Z@""46!R)J=O1:E`7S'MI[0Q=ZXK_Y!2GNA0S3)P9W"R5A1!VAVF
MU+$X1RL*+N6^RPH5:^0)E,[DH*(HW'2R44FE.KB++_B'E(ISE'Y%U=3-!ZM/
MQ5N]3+"RPZU3J`,[L`R=G@'<3Y61<IV2Y`]-*J"Z4#+0/$>W\E`$Z7[_U75_
M:2`\=."2$E>NLY#\H4G%+*-!!IKGZ*0<BB!]M)]N'G:23LFAX%`QQT6WD!/"
MKZB2TQDWI+%IX&B)?'`?,'1CG*YR&H:R(""4;[\)R!Z[=VH<LCF^&`#IG89N
M+@@(?5UT`Q`.-6W!K=)SL;*.XK=K3?R7A>$O7*A'(=FP.(?^JZ^1<8_K.!+O
MP',P[[BDN,V%:K?U00<;D&)[\BNR9XZVG!L3S20X36`DI[/Z]NOE=C`H?UA-
M5<ZQVVL#\0-;?.,[]A+=?)^8OHZE';K-(OW_P3_I]F(?H]'.=$]@F\#V"L$"
M(!'Z9/O>?+S`;Y]H^U"E2U*&`M40U>@38]?8BR/E6@OF3#(GL?*?8=0`V/U]
M8-+I?UF@N6&&OCYMQX_RV'MJ1P"88,=49;RYNL:O=5PR;7H?:])W$L_$PF^%
M9$AY__U^I>(:'0".71=YZ3WE:(7/2]YAN*MO9;#%O-MN8@=4>KYNO].C!OLT
M$`]F%W/HX;JRW!]2M?,-A.A02:$C@,'QMU\L;*;GV5ZH_1X]GJG0;G)I[XPZ
ME@%=;,%L(?PK(LKY[`]92=EIW!#,F,J*.88>Q=D\B`Y51)03V!\=7V***2)Z
MJ.I%+V+W+;LA/AUR)O@]V@S=3Q]MTWS$T#[;D-E[RBK\P_M+M&J_LU_5SC[_
M;#^U/AF.ZWTVD/7XY?+I$;G(P2XBO=UN<K=)9VN)90%[6^U1Z*;NVM)ZYQ@)
M?X'TZ!.?;!S6:E:&:YUCS[`;>`KLV4]LT';0Q+3!"\[-RD7`4;:#LV771X'E
M$6GFC0L(W+]94<16,31J,Z"YU*P_'7_I35:UH-+-0&70.Q"6I+R!E(VG6']A
M"$P#[J7>XXC\^0W_??7)]ITO&*IY,,*N-&S7"+_A+Q]9DU7PQ!B"L>G5`ELO
M`S:E1VNA'*CLXK8[O')O]6#Z[K6VBG?O$7+$J?B$KL%^P8:(U:30'Q<O$/?_
MADQ[`G72>X'L9TGE5OXKC\,VYL4/N+6>YX;CK9[M3\;46\&[4F^Y]"=_UF89
M<P,YR`!2SF+(@W>Z`ZJKN>;,D'X_G?(*QS`##G4+'.O=9&_Y"JK\+0_X,/`F
M,(<ESL!YA6"4`4$G`X,]V]N\I^RNXP]#,^]Q?#;3XE*`*_PWP[M&'J@T1PLZ
M%BPTHOG^A8S9W$/Z&&M`_.(H3[C-)N28#41B(Q^K;<,T20H28SFS'0,EX@+-
MA\5\-K"JM]\BY"*P>IW.NU\>9'EC;&M5FSTY2+_@)?H+&E49H]K]0^Y\4;H"
MUORP_H:708.J!*S:%ZQZ.*:FY@:'0P&W;D*J8DA'`M$XT[A&IDN0&7Z1E=JA
M^6QH+X9I@*/L!!?NXIMW8_W??M`7)ZN0[("$3,@4QB)^2<PKQ&6W],\:VAX+
M)/,O/7I"Z+!'-6C/LYFU%_*K@Q<3+@,Z_V#0#+BD_-5::H8>7%G.FQ3?L?5M
MK]@'`)V`[J2.5`_9QGK3<1+S,_D6^;CV8H(S?T5N7&/_-?&4:0DPMF^)2B&'
MA<31ELHL<E,#1!5U4%L)`F%8/@2*02X4R]0EFN*0)OC<L_8=X5`'"XWMX&`'
M>D9!&O'.MF#GCDTN5$8]7$H=PP>'[/!.ZOTQPUSCW[B>,=G'(!FMT(;4R6"%
M0)P.XF'S@7V`TS4.<D9SU9/&^S#'@1&'T],_$_VL!.#,&9P>%7HA4TVP3QSO
M_3.86#(X5=S1&V3T#A.`LV)P^EXF=8)=&]QAAN@3TJ%/`WY0Z*B&'3&JJ$GK
MT5-#*9]ZS[(R]T#R;.#>VY/:=D+%!Y0I/FAQV30)N*FFG5"._@7EQ>U95WH3
MUVB*H(-*2,*84>O8"^7A1P8[L9G#UI>]IQ0Q:]W9KBF4>5:WA58!96O=$>W.
M4L[58<M;1YE!E':+8U`':28TU%VW7DNTW2V71]FR'WI,XS!5;GO@VEAN9J]M
MV[X9VA4;CHZ\F^*L1D\UO!CV"^\F8LXBG9YO+?*M*WNQ=-`<\S#I!!A9?,S9
MX>?&GN<8+[X'V8=G^T$#[5L--)1+<M&E+%G=.\W`><MS0L40V*?)BIQPF<1-
M6B?@GJOI!=^CAP=>9"-7;NU93C+^->2AK(EA&N0;V.'3D>Y//`/#&&K'ISD&
M\U)SD0X+P+\AG[RRRR4TML-!>41;?-N2B]^"Q\UTBN!^@FG";2:D7QL._K>Y
M>K9O_O(KZOS;RYB/IU(>[<%+W+:SE+&[A=SZDF36\=_"9V4>6+/8'^5/=4?;
MJ7K80M.[##")Y0)X`T.3YH]Q%`V0JBK/QNHG^6%6UEQ-;CRSU*"WWC2#=><'
M@F",5;"W=PQ`\8W3!087G79'EO-M?6.EB58+!WSYB^;\^6S#_T?>O?4OS8'+
M2,R<MN1N4U/7UN44P[`[0N&UYB=MY(%$'B^(#*GMA0:U`3=A"7J#PXE*@*`+
M<#'99:6?C^PY=K&+)1SJP5_Q-QP/^V3$<7`-D@BI!(BL8MN.LI4C#EQJ?H9X
M@&/6/Y#F)!(]E6PXHX0V']&S5II_OYLA'GSBVL!?!(?0T,Q*]DX7RH*RZPSS
M`;!OZ?G!>$1+#;O%Y.?[:=2;.IP,4PD26;6OLMS-!\3.9>='@3C/:U^XFHW3
MM:J$!7(JOLVE'K+9K-QN)5O,JB)51Z-].\Q:7P7[RI6D2.TKRT>39:7XOD#%
M)TQ75$MA(/>KA<@MZ?#.=%8OK!*%"?2<K:AO59B?R+.H?5L)?JN9T-U0SW`D
M2^PC8T"6W-V_CXP596<IL[Z&]##LB/X9=/<>3W!(%1A?*N(MLT,J+T;?02R_
MVD-VORVSP&RG5,YL[Q:W+>G@[3!;.Y74HHZ1=ZPB>[FQ"DE\G-EZJ4Q2=T#=
MV]RUD*T(!]XW_F&#_9))E;&E1UWPF6V(R@71`[6*KS+W;J.:/VA&/YDX/E[P
MYW7Q&KM=4]F@X=83C>*KS=3OP;/N;!.^A?\=5&M>X7!T-;6=-\W1V>V2KJ*3
M4SWT\BUKQW:NM*7A:29L/O45_*Q=&6EV.Z7.W$;JSHT67?`.#/8TBRFS.\KI
M"$WUUNWM:_Q"?2%SVA&K]=/3P.@)[H>M:,\N:+-&M7XLLPW*HUCWA,JYI!UL
M]+N&P[(7$\6#`&%]#"T8/00K/2GVX`7MH04I.F:V:+IS2Y\>39R]ACWKW).U
M*[-HRE<842<.!Z??MGXAX5ML3@PJLW;*+9#ESB[7+&LQ[$.U/`?C]'PA.3V%
M^XBA6JY]9%CQ$I$:6W<DUT;H,G1Y7?/#O3^2:ZMT?Q.^W9$\FZ.'S>QQMG:U
MYF-B_W*MGK+B2B7V[W"]G&OU62,LB^GEZ,-021,--<=?."3`E/.LF#+=M/.W
M90D'K1/K-@=I+H*HRS>A>1%4XY*3CH?H2/N0<ZCB1^_TD!*%*LMDL?B#X'@,
MRC/PQU./_*PM770_'2^7IC$!;@X.NN$*OK'`JJ="=.CRVT/1*;.7TCR>:X^4
MJY&3QX,K;0$OX!60_]Y:6%2KG=/<HT=V]%,&><^:4OT:,+?:TTE0?@SE[)YM
MXH]@2X:C-^2Z$_QU3=>-H%/:`AJO9.SISGY51O%9PQ=M%>RIOZ-UPR,<9*?Z
M>'W1OAN+Z#X\@Q8/]".>)LC"9L%.O3;Z)6F`HJWO.:^Q[R2AI\]$Y&'<':(`
MF+R-)'Y$D_#:=U!-=.][6&@G$W_AFU!3M2T'G<*TZ$.V$2XHWX(OV%9,^^A3
MB>=B"-<5INN2R:C6=,_MD:SY)DFQ8C3T.%(M1":C)>XM.!(4/(""&0-9Y`YU
MX2H#>!XN2@D*'T+AC"N,'>HHI^8K=4SO<P@J8RK3]PG4+43><_^&F3,FR(+)
M0M]EH#NF9KB:)TV,[6C1UQ<.0DOX@DQ8/?.ZQSZ245%O-:Y?HI#MV8X*W5"*
M%Y[M*\V=/SCVJZ$C_7+UU06!C5L]CZ'LBLZPL8HPZ;$^%XK2ITH,6.XCC1#^
MP@0AG=CON&M,-%#C"IMD-/&R^G.RV#L572M#:N>'K6_7G@)W`G/*M0'06#HT
MQ$&8_7?MJOB%0WHV3I?N_7#H"IGOJ_BM4'HP39?.5!UM7\6YD)XNTZ-[K;/8
M5\B[3\CS3*)@\^F8XAQ)#X"A#^;S+[7"K19G4GK("Z][+,&PE'/(8(\DKZ:M
MB(6!3L;(>PR=U\@2TZ=4#YI1C:JAY[#@CR<31$566MD^2U"2GHW8[[+99\P/
MZR<$7R--%=P]+0J9$9)._'>I&H^#E\A^9R5(1_DNPQ%5(IES9\$HL[7\/B(C
MDF#2*3QJUU?-ABBW1>FGCJT/6=E6"M6F&W>5`AZVKLV\4V#L0;(VSZE9+9J>
MD)*QZ(V%;,F.!2I@]T*+.Q(CRI&0M]^ACI=28JG%-<\HJQ"@PI66H#[=2BOO
M2O$O#HS]JKS1E-X5G9-1Z88"Y19>$P@EF)"N$APJ5"S8"!!*\#>=X9`["J4W
M6*(0*?AGFUQ'<M#X53-,*(7`*O]),[%#//&=ZJS0B&[>U:$;RN98Y?8X!#YW
M/RVTOQ+"3?D*@QY%T#RKK&1_)>A'>Q']'G4LPF:#7S0O_,R#@Y8A2T!UA6::
M;MT[QSQ*&Z.=R:O"RZ?#L5@.XNSN_3*\+_7L:#H9NU?MYND\23<]>[G`2K-=
M>\#"76.'OXB?K=MO%L8LF=RN:>.4LS1*USDQ6?K6X"#U]+GM>,_(653<2:W?
MR3AB4VE6/WR5NW48!B3$;'4__0V9.K1:"?Y=-7'IH;8=>6>"\^#U[K&Z9'I1
MD!D%%5"%*>K3TPVB^YF[+.W&RICMH["KV*>'%!QC_26XC')YBJ^?9L7PG(<T
MXZB%&G0RA+Y.E6^=%>VQ!,7H5@WT5>TB>]PT&%?)J;+WT\S[`I4TM>O3;>\S
M[-E!R\M,'E_#.>RQMD;Y*KW4K:?\RSS(/&?=.@UL8.5G._V,'N^T&2NU[)H@
M*$%URFE1AK3,,L1@L\`=0G10`)H'W0`#\?&!C9::4]VN,]J3TOT(\BYUC]'$
MT"V1`],\-0N.>J$:9@D?J6:+^UN.'K["@U)"&:2O*R74IQNU=V7Z]*3<PG<<
MW;JN#R<7]U-2$?79MF;@RE^CETJRYOV,5NX[?8D=ZV.]J1+*F/*0Z+XH1]I4
M";ZD7")U=X7+H9MZC%,C=6V%[N'>IRW%SF5MWT$P3A,^=V=[%>E\NFV[W*%Z
M4N]8U/;5DS]C95J98TWW:)<5.NN_;4D'*>^P*O(HRCNCS[HRE"GA+[?RM;^]
M,9$QGM0892.B:8YQ#<2M!1T\2[F@<94K]?#+%:P61D(^KY;I\MN@O';S"[DO
MV<5%.VLP-@>"]A48>ZD,PW'`95#:O*0=_7T]-&#]NY('H#$&68[HH^'^F4(S
M6O!4\TWOZ4U;;@"9V?XF6O7EZC>DS_#V'U%0E^S.C67J\:11NVO,+"A@WGAT
M<-H:4^ISV.T[IE!ZM(*[O1IG=PUTGVXS+P^S&O_LH8D@87X2/M($C%I)K&OE
M"M&4/NSL=B@?HGDT!=#N[`@/BK*;:NY(I(T^LW$E("+M>E59MPKV49;RXB\R
M&@&>&EU_O[WA@[2)T73YR)J>RA+O9SN=J<#F%.B\ACA(^4'W8'Y4<J5R2]\U
M'V3TLFP:00-7,4W,,Y16E;Z\<0+$C3VH<*#2>4BJ2M\XIR+^YM&2S+-/T-']
MW=B\<7GR0DI?,J<.;II'V%QQ_PF$JRI]]G0"XMD$*E:J=.GJH!-P=X'OQZ9)
MX#E#IXA*+)V*(0V5%D<I!Z8:EN[(VUBRE8-^.T14%D;N=LMZ_$^^LS1]ES[,
M"EH>8D3D/L:@,]QS2C)*+I1NYMN)_K=>:/+-Z37%E;1?D`9L!)C^R_#F7RW[
M!:8G!/4[2Q^Z0$Y2@ZN@*QZ&^U)S#9=T-R6/R=E@]9M!3MF_K>M;$[E3%^Z\
MPSBP+[;CS;09NM0F?R(=TW$\`S=W0WSBK5RNXA]_,Y"C.9/YZC-Z16;:RD6?
M";9'/J#N8PLJR$^`S!K*)A`JCB#MQ0(Y$XI6ZQK>RH@5?V9;@^#+U56Z7\TT
MV%WJ!=FU:@\.Y@)G%32BPKMS5GL8A)[GU$0&>?`Q%:`=;JG#S=T<$WHHO\*-
M7@O^"K4`]4LT/9Z*+NNN`MG*:$>Z)$V1XY*V3`$&%9"1I!ML!SJA>^C^Q31F
M9$%'(.#^"[@5HUL9*1-'A!51<*N-/9:!I>>054G-!,#5RR.V+':EXLBCPT3/
M::.<Z&JQWD+7H!U_^$;]?N-AT5#F=,"UI\=A68.XKB&&%X(U7*O5ZKRG[92C
M@_OMHE@4SG7YU7@V<Q#>+,(N%Z;Q4C/'"RBCOH4<!G*#.W\F?KIG?]'^1&&1
M\MB+"H\8#7;HTQ/IUOX`BW5NQLTOWCJ6O4;NQ#&6Z<L3<.A&4"Q3,YP(H9,O
MC%7'EQ=#`VN>C!.I:K#NX-TOWMQ!Z((T.I<^WU[>/R:#X</WL@L%\H&G)685
MS$C);\K'0F#-*MTD'%N&Z?:W0;)]8[O@2!Z^0M4I!WPP>O>+$76_!O=/LJ>2
MW/T?C(9GF!)>C8\#I7_\[?NX\U'NM230AI)FZ1)D()$VQ=^4YMHKPK^3J.=0
M#";!0B19;BO]_]F&+(71H8"27)O^@"-7_`=MECLH9L)42@+;U(B^F*FZAVQ\
M<R]I#+8U95WKY-]L$^Y1KS-9Z]A][!@N_M.U#RH]F(H0M-M^UKY7<I6!'O&G
MT'>P*MO2\9$K?E^"'BMXH<A4/YP3AJYXP7G&<,,!55)Y9.3"K$ETT$\<7FVR
M[@D1-4B.L^+D\9L=FX-1;M5(+GV'+FHRMA]$EKOC"L\2\DSW'3A[-$N(..7=
M*P>;E>K@W-Z\A@Q.S2@BAT]%%\2J`8HZ_\KJ3%1NX<5!J&;+]$G:B%+_>599
M:'\!3-5LD#J\DNGV:+F6N7F\N8##DOMIHEE-/#4S\;M;BQS18E\UN"#]C#=Z
M:=J3/\L9I'B?_<Z[7_YA>A]UX_4?,^\C_$A*&B376YGHYQ]>;$='SL4$\BU+
M%WV(?OB(5S\SK`O/7GY0.DOOXP]2_'TG^O*<7(#Z("OM02_]$6C=:[I+S?KY
M![G[@^38;^$_?HB^^V;HWOP#=F3Q%V&?%QC+F?4!_'7D?%PORW8^7)K:Y,^/
M"[R:Y)?6;YMBI*+'PL\74VUAF*L/S\8"<\\=>I,>[85FD<]=N)AB'V1X`/GG
M6["%%^RG?`S>]K>`"\+G/UW]=G/]]?.-=`MO^@F^$[WV)T]?_^AL1V=XHM!\
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MYT_((D?/;J@L9EBJ\'&>O<R2-OAUAJA58M,*K>2@0*:`?U#98@2%&DZAV)XI
M.^Q9OQ/$II4M,GI!378LJ)F2-*^H_1*N)$_//AWS56.@594BJ]R`"(S*J'"^
M%?/;W)C,)7=NOUE"-9_"LQNJFNL5J=-6&*>]NTK5H6%!T3(S31@CT]N5NQJ-
M2N>N#I#PZ"TU(0EM;*&^VXCK0':ARIN&J3B-6#-77]EN2?2/%/>>"/YP;4HB
M]Z:$#!R+!O]_>U_[W#:.]/G]JNY_8.5YZO:>JC@CDN*+,CM3Y3C)K)]+8I?M
MS-S>EQ0M0C)W*%)#4DZT?_TU2$HB!,`225!LV9K:VMB&1#9^:#2Z&_UR[X6T
M^#6HNH0T]D(\'4*QEY#GEA-0F2;Q(O)+G/[C8_[?`:2Y-+QB'1-X-HF3L]2#
MA>^9<8_ZBO2$SPF?KJ[8FP8Q-9(Z3UJA:S'X5""9X3I*Q>#J<9V(P:]O;M]H
M=TF>Y+S,$QJGZ^(EFI<GV#\SL5@?O)$$N_^L@XQ@RR24N^ON&85K/QS:I[5]
MKFOK&J>U?9EK>SI*^SE*\USU_`B=+:(@+Z.AW<>1GSZSC7A<FT5_;>OF:07Z
M78'1Z+0"F%?@=&3T<V24Z=<5F^MT6/2Y40SC=%3TBK\Y..&/%__3,='/,;&N
M2:O%F^J)IXW2JT8U-)_,4SFM0.<K8+K/S7WYS%;@=%ST<URL"B6?4>((P+HN
M=W.ZXCY=X9[P.5UQ[[V$AY;!YE,RV+&4RN#5XSJ1P96Z]=IL2QZKNU9OMA*8
M]UC_2HVNZR_ZE$2P`L9SN[M^9BMP.LE.)UE^DD5Q='8ZS?#N9.OD3N\U4.=T
M[8T7_M,A]H(.L4TKS^TS['1P8=RZNG.2G"?X3_`?[\'U_*Y5\GZ`ISN5TYW!
M"1\T^!R'+#PI\8J4^&HS6<TG]]DI(`J)RN*>HJ'ZA-\^A4+AA?]T2+V@0RIO
M#J9Y%5L!W\XL']=-$:[F-9.;T-/WSM<Q'GRG]57HBCFM[PM>W]/1C>NEXWV*
MNQFVS,_03%^PNV3`NSCS0BV,H^D9F+8SS>/JDJ&5/\?:;:%OF6.]UFV$$6ZG
M56VYJH9AG5;UI:WJ<6@(S^\V[O8A3K+C.3)?D#-,?VV:"`7A"UN!4R$+U"MP
M.C;Z.38^_+4(LN51'!DG+X^Z[8C7W#HMKX+E17C8G9;W0,M['"?IRWGI<W71
M'I'*<'+V-`SC>&T-$*9LG5:U[:HZ"%/Z3ZO:[:J>>AS]?+GN2Y=J7J9-:(NN
M1P0MNEZV;\BP3L&:_>)_\DXCQK^YW+:?D-NF[G*]65O([?7C.HPAW705K97:
M<'(_*%Z-4P#@:75/J_L,5_?)D\9\PQTT+\>'=W(<*G0<-CS'>RXVLK]30"0>
M_'AQ'Q*A?##;R:OZRZ.T#=QA8.E;;-JO'?NH':$GGGR&/.EB[`YSXLD33S93
M,0W]^7LR\IHYJ19/8&Y1S@)>1GSMT4L">I4*NE%&$M".-%I@M'8U'<D.9+EG
MPVLM=U03KJ]!2J/50U@\YK0<I^4XAN4XCKBAYQ>!V^FEY(&,XY=T6S-R\2G=
M+PC_H8$P=N6$_U'YD)_?(?(/$OJ@,)S-O(R6X5PJ*<+Y_`Z/YZ7*GH![N<`=
MA[:.6+J/ABJ]1NO'=2+=6_<[?G%:BO':L4XUV_M=`=M$F&7XHE9@QQXX"EW]
M]%($02;.0.EAN7K<88),:MRV*+AL.5UWOISK3O/U`&/L_(DG7SA/XDW_/_'D
MR^1)W7GRUJ2BB?Z4T:-Y_9L?/-*?__[3(CV;>M[\[>UB-O.2Y=6D<F^6YX?<
M/7A1Y6^7T0VAW3'\:R^A1_L=P/$NC,=__OH__X>F_7UV'[S](U=UB7_^2!)O
M2BZ`ML0;9PLO_%RZ4:])$L3^U>1VW=WH:Y00+^^W\2E.T^LX#:@Q3O4+BO<-
MF?SRZN/-U>=O_^U%`_V;,=#-;W=7W]Z3L5G^]H&J&LMO%!U7'UJN]4H+_%]>
M7;[_9MJV_NK7:]W]Y]]_4DM>,>45@A=>^O`^>*1-;/WTV@O\NQ@P`LPNXAFH
M?\MWRXN*MG2[N$\#/P"5"59=/LTA,\TA/\UO/@F^?2)3+RR&SG\$Z3>8YK<O
MN3O#"Z^!EX/QQR#RHC'Y;>$E'KR+_",._2":II_)[)XDKS2?C(.9%Z:_O#JS
MJ\@9K[1%%!24?;U]_^I7PRA8<+!AG>831PW@71),@BA8S%98?0IF`;QX%V3F
M-F3640&V<V-US'%#CN/TX0L!\/-]X-V2Y#$8DW3EFP1$=R%F<8B]$+PNO/G,
M&^_+6/8V3.91P60P,!G=LY7#R;&7!%@>45K*L%U(N=M(V2\$J`^+),Z!.A__
MM0@*I6C/4W*TC9G>%6:E%K>\^AZ!TA?YUR'QI_`3[(55G[>/7I#\3F/#&)3.
M;[]=?6RF.U`.NHS&.T!P!ISD=K@]5H?\;B9>]PC;8^(Z/W%.K6PQ<5JS^8XD
MLVH,8!<K^ZU\(SPJ"1Y!JCZ2=\LOU(H@^1=6PQM#0C")75CQ*C@G7D03;@=)
MXS4_""2<BFUP*L]N2#8$;EY\0TW#N_B&C$,OF&UH/+!<X'1@?33:GF`=\KN9
M>`=R@5-EA]S"UI\W-?K?D_OL,DJS9$$YX<(+P_?PU8]Q\C%(4CCG)]G#>13!
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M!3WOG4?;]'Z!(V]*HO'RA;`/9[YRCIZ.%YCEIOS:<AS,X0G1]#H.X6>2GL_B
M102:,VC*X]H^H+5%FX%TH+3_1N)IXLT?`-UBS=)LGGR[.&<P<JL8<?:L8[H#
M3O#N)AW)5+_\4SY5_GIG=,Q3O?PDGRI_+V,-CWBJ'Y^8*G>W8@SU(Y[JW?^5
M3Y6[%C'T8Y[JE_^63Y6[U]#M8]ZKGR_E4^5-(<,\XJE>RP^;$:?BCXYYIG\\
M,5-.<QT=Z4X=TZ<GRV_7-_+)"O0LC+.53X!3@H:F@UK<K$-;-B9ARMQU4#O@
MMS"^]\+;+%F,Z=]]YDIY_:BOD4^2<`D4YFILKIY73,\H7<Q(D@\51H1`Z6:P
M%%P@](VDZ+;@")#DE;@33U;=(36@Y)3$D=4WE#B8LCZ4G!*J=Z=OIYN;JJO)
M;TF<II>PBQ(ZS:-AUCVVO5G%MZKYSN&MKWX=O!D,AKN@W0W52P%\'Y9F$!^)
M$#?T8T`<AQ"IQ^+.8"!D<>L$>$<L[@QT(8O;JA'_%'CW00CPP-@%C8=(SR._
M_,'_UZ+P4W_X02]@:PL2L;][!=@F((->]]![SLHB/.TG=@:<_<)'A-69&8M)
M<56U=C2_#])Q&%-?\]J'K`8)RAF?8B]*$S(F0>ZY]C):>NZQ\&\S_'4[?B#^
M(H1571-&<T[F7LY6X]SH`][][/T+I@M_FL9L?@Z#?3%#6J\(P*&W*+OPYGW.
M.N>9WPU;/S"O&<Y+'R@+P#_T.AU`IF%>J&#F+#&+2P?!CO*.2(5^\>7L,RXX
M\LCA57`OJ*-:,<X,/+H5VTOL/+MUX_-!CD:2U3J6%2R<@6KAN&N<(SKIZ<J)
M(Q'R<%E\`0_.@+M*,@9#IU^\10;3<\%;YY-H3*OUD9*GOG,[[0(^"DC596T*
M:OE&XI]G:RH`4AK1DOC,7ROKL*%TC^]U+\9R^72=Q'.29,N-.=Q4,.E\%A"W
M;D^N@Z(E$^V.TY*)EXQ/1N(24U[JDE6BUXJ`-$;)3S/`,ZMJ``)AU/'B\6E3
MI\7;9_$NO"2A;L`;,H\36CDDOT(Y_/H)8N?Z6#^,1QS^S<=?)/=RV!W=XF'9
M?'R(8YOU6[FR05F^FG!?:1-3PQ#-V>R.PR54/DV**K*%%9ID9',6:T-R8?G'
MA/CIQR2>Y?;+M;?,*U2VB/F74\T9?@XGGF4$M29[CW)8$K(-SGXZ!+T[:T[(
MZ>6LAE;TEGF&*?#/9;1QPM[&H9_?_YU/$Y)+II3F%\\7H(I[:3<,9'#*M61F
MS6@^(`8MN)'348\5@Q8<SNEY9X;+>9!4@P%_+Y]R-?D41U-:.X%>X78S14X;
M6J=&;&8HHV@[P&`]]\W4KB87\6P61WDR<S<SX/0!)O!J%TWB.=S%GX,HID5/
M\D3H!U@_DK3*:)33SZD&`OK%]"BBO860>$H_.`CM+?A&X![>WMEU9E"1`CEC
M78=>U`W'F/LJ"ALZ6M+:G$/,?94$9;0VYPAS=X;D/A33V\C+:!PN:#$\:A4!
MJ4&T(/X56$!%"(XJL\+D2UP*:USN($<I_;6X@SM@>R2\%JMPQV8;PN'#"5C>
M!$C)_[V,KL$(#Q8SFF=;7I-VP_'<V7FF6YP8W(>\71-Z3R8$K&\_#Z9;5JK4
M7<1IUM%VY@[6LR%G!]:E=-<\OT;$2R+X=HE0-S/CCMVST@7R]-2VB=LU&5HC
MXCS**RUS87TWA&:$=\26W-%\IG-J=R-R-W6H^*^O@SGI`ZC;C):E[FKG#;DS
MW!ZL-UX]^G:MXNI:M[3`OY!N+(DA=]*?<?4I]B%NUW3.Q^,$9&G%^]2)DC7D
ME($SD_,S[D.=TODT5\2&@JR^WJ?3@ML$IGF+^=`=![RWKK-_1V8TJ#Q97L[F
M7I#P51J5L1FG2.A650SL(DH)^2VX2F1\'XSN%NS#YVT-&N)^4RFJE%+13.@A
ME'_YEF196+A[K@KQ38/Q5U43TZ*14R?3$]GE"HAE-S]?4.HJJGRCFYGQ]0%<
M/C]A!V5/:0&P\!5PKJ(B(R7PPDTYQ[1Z!Q?1"P\23*,//\9YH:U.IFUQZL*F
M/G%'\W@*I)QAX`T"=NIF^KQNX3P]_2<HW*[!6JC[\(AX1NZ\'Z7"6,2]=:,J
M69QN8=J<W;Z#L,WR;'1=9L$__*#)2V"\/-"AJ\D.%W+S(\P2W134)$SU;)J?
M:!:G6-AZE=5ZG%0+AN/+^8Y:3^KW8!TQVI5-87'JA;ZYG>!I$$1F?(FC<>&.
M@4TDRK531BKO;=!7M<.V`A-$-&U?`3V2:$'R3Z\%]ZIS1*L&`NM@CG7%_B".
M+C,R8X,R2D]5-+TETYD@IV)=(>7=(@TBDJ:KSZUC4L[]QR"-D^6*ZAU1'1:G
ML1B<\_5)5)X=@)LZEVNOX2X,.=W(YAAP#PQ+];<_+0@SQC:GB)WIEEL520H5
MKQ>R"C5%A<TK@WH'"\"(;(D96+RBTMC@.D[*@ICQ-*)ZYV7TP4LBVA6IY1F)
M>E-P^NS*';UU\JF!4;`^Q5GZ;/'E-&QQQ&.!0M4UD0M[>EF9UV/UQOG;:$G7
M_//<7*XFMQZH)#DVSQ9,OB27PQB3K5![4>#7%=R<%6(.%0._V@ZW)`SA@[^!
MK9QX(8CX<W\61`'(_]P#I,`00,WBO-G$MV[<#Z+G"VM=YN7LNR'?_:D!I.ND
MRV/"K@%+\B5L18$&#!8;65K^X3G+T@:0\JYPY@JC%6@O"ON:HH#O%JB;'0!?
MCCYSP2#H0.@RYAP+PW'#4Y?1.+O*&M6`YCHAF?>C,`IV].A!A%$#%N+,HS-C
MZ`J`V@;DF2!6EZOXT`EK;[!61W61[U4SG!(U$_%IH0[O@BZF?510U.4.SG88
M<J:#"(6F'O?]N^5A9!K>*."4V@/<6B#"L"ZW\69!$P"[=I8C`K@!DW)V@K4=
MZG0,%Q:(UJ`FD_.]_,[,#A9@M5\ZC0+!S.A[-,C;,[RAWMW"<8/&%Q*J<[>0
MTF3*U:2(_WO+<&R\>YBW,1@+0PY']S<"B%!MP'^<-;+QJQ[!;0PB[.MR-&_P
M&!T`7XZ63SL.)!MPL2!03>2!*&$X;GCJ,AK?J,_<!8VR"R=$L#7@*LXZXJM/
M]'*-APC5NLS(&4.\Q=[M-1XB[.IS)-^S<-W<KL=KO..&E+-:CNH:#Q'V-44!
MWZC1[@#WO:^I$`'9@(GYBJ8#T2'?_!8/$3QU^8RW<$2JH8);/$08-6`ASAXY
ML_:_ESIZP.HR%5^YPZB'5E<'PL[4*]1,R-?I/**S&!'T==F9;XW1YUF,",@&
M/,P7-G/K'#A'!4\]/G,'@K(KW9S%B#"JS4+N0)!B4_-X.6K$ZG(57RM&=_9&
M2YE7!A&`#5B.LR!T"X>S"Q&L=?F2[WG(W8AVZ^Q"A%T#EN1K\QA<+)34V=7H
M@O2X\1)4$Q0E^/1R27K<R')FB6L)@,5Z28H(^[H2E"]+T,7M]-ZW@(B0;,#%
M?,**O?,F\%CAJ<EH?/.\X=Z7I)T6RL',4(*^==QE7HV"-EU&+QXWSGQA[&.,
M($6T!G6E`V\<=8!_VS!T1/@VX/$]^L,?()0?$89U>92WEK@$Z3U#^?.:Z;03
M,ZW"N6D5MZE21HM6EJ5<5_97W59K*QSH$;#9)@R$GXD?+&:TV4FEY:Y\_ISU
M8PX9*=ED5A5,&#H%W^X?`#X9AIW_KAEL%V84?ESA-&?2%LOTP[7WRRT\>YPM
M$N(7K$WE;/[8*-^BN30N"G@+@'2K0/)&QV#U7[4^I!`?%L3U)OMMX<&K,T+6
M1(#\R!*P5]*+T`MFJXK(RS_@7'B@W?UH=?$IN0G2/S\FA*R8]P904%5W<5B=
M<]4VF`.(KWX=O!D8IK.9<"=SJ58YW:/\^YX-5%DRUAPB>\6.C<4WAK-'C%_E
MZ<KP32<GREKL8')\TH;-QD?LGMUO23Z25_@O/T";$D9?H[D7^(*ZM.UF*GO%
MKIGR55]-)N)ZGVFT6U)9SU'%2\IWI3'-PZYHS8DV75&^E-304;^B<(Y<Y&IZ
M>AE5GC)I`89\2IP6MZHAN6/M]B&R^ZG6J-CJ\HWCS)'JN:YO66C?L'=>2OR+
M>$8O"G*5X#Q)Z%-RK6*Y^4C9=NS\NY?X'_Y:P'0J=MRZCM[5/#=K?J-'(=!Q
M#33$OI)8I_S%=\OYIL$P/'P2)S,*14YA_HEMB^(NR$)R-;F,_.`Q\!=>N/[Z
M_R'+#[-Y&"_)[BU552)3"DDJ2.,[%)SH%G'_JA.]+J(K6$0^S/Z9+>+'.)F0
M(*/&6Z>;$<Z3+`G&\**<T*\`-+\>@^IRC$1[RCW08G"P5/SZ8%,MLCA9@M5+
M%?(@FEY3-9YZ`RZ\>?!T>XS=KA*?!-\^D:D7%D-K!#_?!Q[U$.U@8[[/HKL5
M!+.;?JY=3LTF`X@B5+_>7B_NPV!<6K=/6;,,BGQ^@\YYUIYL<O`LT&OE'6#P
MY)WQIB`JX;GC6=_#RS?+/-,=4<^H9XY<3;\NWZ/S3-0'[9F#!B_PX:#;"=93
M?4'W0ND+R8XM=:'IP<#97P9_?<O`<?1(J3L$^)QJB_,0/R_L&@A\OKB4SC7$
M>%X@U97M@D:K7(O<YX70GH*<[\_*GWI/`-/C69?+D[3,8PB#65#(EEWSY4-I
M&AWR!^>(AM/EE&A.A7YB=7=7?#RRX`>^.:QA#Q45OSRF&`:^J^Q^Q2_K;W=$
M<1X-U3>^<ZW;3&0<-7C*-#J^DZZPLL9SQ[.![!(TWCN4?PD1<'4E':<;G[U`
MT/95!@5J,F=M*56/$&'4\'C@.Q;K=A>F!2*DE)T%?+MC?<3E0CXO[.K+?;Z)
M\IG.[\KGA5)-(<]W9C[CRVL_+X3VE.A\E^<SOMB_4OM>&4;-#%Z^`[3>[.KC
MX#S1<+Z\<[F.!-UMUAZ9+Y1O3VVX?`.S9A;^,7D\^3[3SHC;"&I,?$0=8IKJ
M<'S"ILLYT#NR$A"AITROXYM'#\U#^4P0X5E?>HE:/CN<-?'\D:LI[/B^S&>'
M<BDA`FU/E9!OLEPIXM.)BH0(HX8'!-]+V73KJ-%'B)2ZPX#WG]MU+J&.$+L&
M@I\O*=.)%PD12'5E/._^?O9<M)\\YSW<O+*EU,17AE$SDY?O!WQF-=.1#LX4
MS2;,]^$=[</Z-'+[FB1C>)<W)5>3CXN$AJS?$'^15^^YFEPLD@1&;^(PO(OI
M%S_&2:6\#X_(&@.+0<1Z`I'=?'XSNZ<9X?\@83RF&4=$NE5N82Y>$L0,IJL_
MTE(/8R_=D2/`M.$M\V^+(/=64&T0+VQJF,<J^RX@*4R-5J*X]4+@R'OX/P#U
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M1R%6RQ><IUH\T6`/YA)%,_77.4#TNWNL!;\?]IGC4SOBIRQ!M3W7S&$^P1S&
M:%B0UH(Y]M@EJ[<<B#4N(PT>%E+-O@Y/=+<_C2>6P':9[0G27@0__?,*^XXW
M\HJ@`RT6/3]KK]+^8!U\/1T#TV+FU!QN)4V\,E@WCD("UV/I`\E>?;#_J4P5
M[#92=Q^U;E^-JUB?SH1%#?W8'G2ZRJO'-])#GRGBP^:D[`'X<']*5(L67%*N
M:S-PKT/7<$JEI9YL=!2H.KEL%&NACZ0LJ:>-O20)B*]YF3;Q@D1[I$72<$G)
MECM1(7#_60>8E>2KD)_0G5!77BJDWSXMK(J%'6Y3O\^Z;HMEA=2?M=-M3S+_
M!<C\"R]]T+P(9D!_('\M`I#T]`1H(Q+VX/L6,F$W9`W47$326+=>"O;/3&#N
M0?U)8AZ]Q/SHC?,JF"]ED^(3D$8K??68L,<F((W124*>).0N+LE+&6I>:\=J
MMSNU(W\I(CE9_Y;J:,'')BA/FN1)3NYDDC)%+)[0N*UU7T?ML>RMH06K'BV$
M!FL%)'W[<C:T(FGZ;/%1(O!.,JDKF72<H8"*_8HG:=6C[C=X.>B?E+^3H'VQ
M@O93[$6IEI`Q"1YSK5'9C7T'0J#KV,'&X4U-*.I;Q#NZ?EK>I\^$CE?W=(:<
MSI!C.T/V"HK5Z']W,6TD4[AQM0<2^MHD!F;P0J2G2L/8=3]>P+$I%`CFT88B
MU0[>;8-,WP>A.S!.'(F=(^L&-W?-D"_SEI3+>#P=WST=W\@$%+NU-ANQM<!I
M<DKM1<P1W@?@0%TBB96!?KIEX&XF]\JGPYPE5ZD^@4S5PN_5?[;XG.X@4>M%
M1QL74<2/A1N1HSTOF=.W5P"1Z:Z[IZ55:%[CL8%/_NN3H-]]=UD1\:<HN+T$
M]M%55CBD_MEU%8235'KV;CF%TNUWL01;:E&<G<SH7H/C3&R1$]BM])-F>)+!
MQRB#K[UE+H)IY$*81\K-%\GXP4N)_W(D`#X!;!JUZNX=-_PG`7P2P"]"`-<-
M+:MZ>$_Q94?E;GQ1\66.<XHO0\^1+RB^#,T!_E/>%F+]6]DOHNA_4:MQ!=M'
M);__*[Y?^4;9,J-I1\U/<33]%#P2GWOPNV7^I[OEG*R;B%1*89YG'[T@^9UF
MT^QJK,*U0N,ZA3XY-50HK%O0>.D#;:,"_WS85(?;A037X$RWCA<*RA"KJD^[
M)LYU)S.>`0_D9)1O+;ZT"P:N_QC78>CX4*!;8->\N:YBY;R/>N)YBN'-.L-P
M%P9\JV"=:VYX"!">:IY]B-.`ZRMVE/-O=0ZX7*NQH\2@Q@'@<BUW#:Z9W/%,
MO/$!X'(M=(]Z_GN(?I=3_HYZQO5DOLOI>\TF7[$5KB;<5_I1>"HT[4*!4_YT
MKNW[TS-4A49WN[\&&IP.>'`8U#+%%WIM7UXHY9"4/^\$@E<*34XA.D9`<AE1
M@K`+`TXI-`WS.>R-QDSQE'9XC$#48(;14UIAG;FK/"OEU"+1Z(0]6V4T<^J7
M.^":.-<@^O;!2\@[>FM^$<]H`^2\S_!YDGC1M.C&N]Q\!)B`_NG\NY?X7Q:4
M$ZXF^6AZ_N@%(640>-=O\-W&-FS^;$8]OYI%P?TBO0X]0?OC:L?>455/2W.R
MJ)_.LG7;W6#3U80WC7UO213$22X^SK-KKS`IK[Y'Q'^W_)*_S0N5L0/OCC/7
M;JE]B:F0ODCFX2(5?WS=K+YLS*QL#KQR93)3J$/4/MQ=KN`B>XB3X-_$_QKY
M)+G-XO&?5W,Z3EDM_?"#).,@)==),"8WE#D^Q=])4OP4S)[L>[ZS)?.F)W5S
M`M\M>1(W-FV\2*[C(,K^'TGBN^_Q7?PQF&3+6_)(HOSO^4]7D4"@&]6EV=+T
MKH$,2ALH.F\&QJY-I0;G#E?TZWS^XE;4D:VHY;QQ](Z6=`OHTR8MEI0NX`=Z
M9Y<O8/X37>:[.%_+;+GY\VWP8\>ZNM)U==^XP]-6/=9U'<G6U1F\<6T\^W4/
M#:IX97JUR-+,B_P@FA8Z55-=$;>H!5-"H(\:ANM855U=.9HO;;%:;K9!=<5T
MT8J!"7%$"U9"14T3I`O6?'<Q:V4(UDJW3+6[BT/SI2V6RMTELL]5[ZZ.%ZRR
M>2^C+`FB-!CGYBBZA6N^RZK&^6C`.Q@X#W=GH.)<.SE6O".C5ZSN=[_F?O<V
M8E^C/UM&YRZUN!N^[D!%NGARL+B+KZ,%J[*A_L@3'(A__D@2;TINR,P+(OC[
M!8"6>.-LX85W))D9;8S/*HCNJU^O]7_:GXW1>W6X-9C/40.*3\!L%GB4+[#[
M63=."XQX@1OIN.M5U@>PR@/8QKI[6N7VJ_R>3$B22*G^(\@>+H&JQ\"'UW*J
M$JPTO3R\F@@?L[Y2Y(X8?E7U?.\./Y^V[I$O*GKY89SDQXG5NM9%=#.79]9G
M'9^RJ<8<WB*`0?$9&:W#ZJ(.I9=^;\R1L?."7CG.I\55X#-E5MB2K;`]>*.;
MIGGD2UP1H2]VB:4Q-LJ7>$^T3TNL4$3+XVW>6-9H9\!-UXM+(;DAJ]))UTD\
M3;S9!K?S6;R(!-$67^+'P7"MF-'?K)T+E7E9/H^+T$O3JTG^ZC7<@#"\<Y&"
M`)H`\ADA4;(FRROIR1'9X<?5N7CT,CR6<4[N-6T6JKN$>.DB619TC_]:!,D:
MX8LXS58KJ\;7T1E8U0@%71I<,GHSK,0,[3OU)P`K-V3Y7>08G57=M(8HC$,W
MMCCJB<F*PVLWW.>?9Y6S=Q7?JLI5;W!![D-'%EV[BZ;-3,ZC"!3ZJJ#Z[/T(
M9HO9-?Q.Y2M)/LSF8;PD1"9"ZOC,94O#!<.7Q0C*0A5UB93F7ZPS@]\'Z3B,
M8:'!P!DOD@3`J9N($>0IQY7,XS7+KLJ*7I9518OOYBNS95^NZ7FW7/_XCP#V
M(ZS>\A,<3"&3P;'^S&4TAU7-/V!L/5+X<ICZNV6^O8)),,XAO)H49#$O$%,.
MY\W,2Y;O2$3@VP'\N$-V&URFI3[4N2H+>Z[+2UI,$^-B<I$#([YD0E]K*3I7
MD*PERHTI2-'0N;2CTV(>Q\;D(AT<DZOA\]S6\G;\0/Q%2*XF:\I`8R1SC^8.
MG8_']/B'5?CL_2M.+N!/TSA97DT$KZS,D58VG,0)K6NX"_*:B<*((2\306'>
M>=7=M<*("^^:2<F(\>[U[.EY%;E,ZN>^:Y[=$II<0KBJC5@IUD0-[_7EWM<H
MOD])\ECL&0H+/"".:(F?_&1=/^Z=EP9IGB0-=F`0^Y?1F-KP!%8X_[>5CT+.
M"9O<['?>^,\N.`"CSF%R7H@S+M6^\Q55PT`K;EW>);"3)R1)`9NX0/X)GC$9
MGGGNMN26P+B:7%0Z0/V^L\3,R.0].RXG^KM8099'KKTD`_Z>P]>BZ370/P;2
M"U_19?0Q3II?6_RV\&C5`$*N[L-@FI.5YAGY,(\U@K^%\;T77B_@(^./0>1%
M8Y&\=:NX<1X4L+D=W@&^>V(J@7BJ'DE70'#>A^%(1PW$VIW]&Z&W$?,'V%?%
M;DVS>?+M^EP^5T'>@7O$4_WCB:ERMJN^JC][;%/--:]D^>WZ1CY;SFS4!Z.N
M9IO"H4GK@GM34!!_2^(4I")(5;K7#LG99G7^53,.=&;RZM?!FX&A[YKZ[JF@
M!N0/.2"CEP:(>)=4,1D.A)BHAN2&!*MQJDW0RT]:#*SI^7]!?.)?),0'PH-T
M<VT)ZBM,P2]/Q>4-^91MFPCEM_+I?(YC?YDR.EWQIW>>IY<?D7_[EM[O>8E_
M'8,QQSR$'3FO/DFJLPTY'9_3V"0@LDB+M=VJ`GGA)<D2""ID7%'HJG'\R(KU
MWBW2(")I6A822C=+XC\&*5C%MZ!2!N.=JNN04UT=BP.BV1S;X53MR8H&+$Y?
M=2RNH'B+B6YNK+^0[#</N.\3['0P2*)"C0R\$+9]EBRV2T"?1[1L&@FFT8<?
MXP<:@O.$;6<PMITA`-`G8`^1J1>V-K'5.W8^!C^(_YDJW`&-;QK3?\N6#A5`
MP&C;M9:<RGUFK>\5E"S!9C6ODWA,B)]^3.(9K6V7EO0#W=<)8%`$<^=5K<,0
MS,_<ZU(I]JTL'($!@-?#J]-O2_-!9K_332&?O:@J[-',>^<6EL^;4]*5SSL?
MJ4@U^,Y[D@2/<"H_DLK?88^>3T"(7-"]3Q(0!=D2-AT]N^$K'V#W^J!UP,E+
M'3>J`HR&W%W+T&0BC#JA?@/.5K!C)=]@)=,*;R`5CBO9]C5*B!?22#\JBZ[C
M-*!^!T5YO<,\[=/\9S%[=>2QI__E;`Z"DC+*U>0&/OTAI6=S*Z>UZ)"B!\2J
M3N0.^6_QOO[MDUQ,=,N)[?:LMIW8'G5BGYH998-/P5^+P&^FJLK(_WP?>)?1
M>!?UG#XZ'+G5_5DEK3[!=?#>DV!.)S2MT6Z";TA(G?Q4VMYY/V@()A4<TX3D
M"NN'=)S$WTNUJ)-=LN?D."7)6,4G%Y.K,8W-W"_BV6P!0F9CQQ+_PX]Y?G^F
M[+"O>J8LOAO28/U?,9&G:&I->;WCFJ&<]R":PR:4EZ;/#4T#6+2S#M:V^=JD
M`;%T"986:Y1?S>$(R>WVTNK:M@AV6F?K:KGEH^!]N_B5TVY,MC@O@\)QHU/3
M=K4XQ6=CNLJ@61T7:V+I`9];KY,XH<D<K=0RAL^YX`E3D`@AIX.E]\-D0L94
M7P,)%\\(2*8;0).]5@/3C?CPN)`BO<@`2.;#JDRNJN_/%OG^3&LS/P5TUP<"
M_OCA!YG-L^(SG4Q<YR9^-G@S&-2<^A:EF^V[SY<_>\F?=S']?Y)=17]X-%-)
MG67-S-80SE:WBXW6G-CZ:WN1.R(NHU5^.'RH4$2HRZ)@IS",OU,/9R=(F"(D
M]+HL7V,63_%$PCWX*WPCR;R`<M;*;NF&)89"EJ`)=:UHK<\1^;E"NZ'&8^K)
M*C]'NIFU);KKJ+OK9137G_LU6*[)/XF7=#UOFY]WO3F+**T_W](?R7SB?0!?
MI(TU@JVV#JKF[B@1];M(KP_&#9E[61*4P3\K5ZV7T*H/W7"!X#JX'@A/DEP?
M@2*6S__70K%7F9FT\,IW,*HW\6U*#ZG=U;+5JE-WCER[:SYQB7;G8-;NFL]6
MK-W1V1ZG=M<<":%V-[#L(]7NF@,AUNX&1Z'=-9^U6+O3CT2[:SYO7KNCJVVZ
M1Z;B-0=`K.+IQK&J>,V1.&(5K_FD>14OEW8UE[^)CD>O(X-H`=AL/,)=3-$5
MJ7*&L7.'B^@[B!"O=37"S)37W=AP1'4R?!T_LXZA7X<PKJZ9::3!+%C,BG[/
MQ+]ZI/?KQ5AQ[\Q\0%`\Z"(.0TIO7BX#/J^W,W(V.-&REZ-_&I^'E7J$_<P(
M.:I[L.(&5;-$5;>0P$KUM?PB[8;0G)Q5W"=-"@(=;>X%?A$.5O=2/,\PBKU\
MJRPV=S@??HSIU<X\(1Z7DKSS`NAF=D^C4_Y!PGA,XW*X]"H,J71\1W8FR&X?
MK,7)L$LX+&$:P2R/22I^6)\F'W[0(CK-J[3MQ/YCD*39IX!$-Y_?W9;THX1?
M=O/-Y[/N`^A6.;9U3&=Y[;S>N97L*)KB5D1QOR<9W6K%N5A^HQ)@M*II6ZWD
ME`01#86OVX"VN#TN02;^UJ;;#&PMV"::C>LJ_1E`S"EY%T=^_;O:K[=,-MA:
MGNU:/?[VW^+6[W"K@''U10$]SV7U^7PJF^_0T]/JYYDIRX<X]$E2B*-L(S=`
M!Z3=N_TOY*G@I?UC*79#?$L54C\7R"0-_,*"_!PGV13.^B)U?1.P"'2R(EN^
M!%S0Q)G.IT?LBP5J!#<GVFX`=Z'&!7/HFRI^SPJT(E@XUU)R^R==_[-]<NZ`
M;,1%H_*));TAMCMDM?>-.N(K-G`'Y;/`3^$V'7&AMF>KE/-G!IJZ;<J7?'2Y
MX.K>(&M0C/;@^Y0S!Q&QG$K\5.Y3SH:SN0)XSP(S==N4LYL0G0;-<[=&G$%@
MX=D\S5/Q1IR2K>MXU,7F"98C7@TVN1RC#N>5^]9:*<*EO1S,UCZBC?,1MK(/
M,NT\]Z&F'^.DM"8K9N>3NY2JMSP^S=8]GVD'".W603I&B--J+5P`[9;^'0/$
MJ;`F5X"[+D!YR$88S((H)R&>A##D17[H44=LKN1X*?RT"+-X,MYD>433QZ"V
MQUD"S^K,Y*]"2N?3TRXN/[X&56,"A,7H?-*P:)P2;1C,I4!C]#M>P!H"X'DO
MH"`KT%:\@.?3:4*F]$[=CU>:H$=65L:!MID<`4$-,Z9ZPM/DJYBF0F:43Y._
M?S"<NM,\J+%1<UO)9_Y$(F$SU6UK7UQ--GB51LTYO0B%;5$M/PG;XO>@79[\
M44L:WC20R)E:>+*,*2SOH*;>!,R`,P*,(:>B""FH)+?3(LQW\8<?9+R@'[J:
M`'HD2:^2]T%"QEF<*(L-&E1(UZOZ>>FM6%):UC5#]B"L^ZQO:8K[.R_Z\VIR
M/@-PQ]Z3!3AAKIRF[31*LS[X)&_C<4`R,H4ME8@+7#/3Y*LK&'6GN6':^VQ3
M"HFM:=4T\()]YHZ*PO3#M>]B;^'9XVQS44KCUO+'1F5UC?UN9P%*OG:M.^#N
M;)X":0O.(`64O?`]S*!5U-H&C,5]2OY:4*_9H^A6>VM\JPDOS'!(HT5TZVR@
MGU7#NAE*-ZQ/:Z#G5;S@R*M4^:J$>`+4Y^-QLB#^:B$5\TFE7-BJ!,7^MN1V
M\])7O]I,X9$F\ZM4&%CE\Y35,/*;=0\LWS%)RZ9F3<'8=()<QRL$$6T<MFO"
MG'9G,V;8'B2KJV<"0H_R&F7NRF_[RT&FGDG;+2`#C%,*#8-AD=K54#9B8BOW
M!7XH`C:8*@?G82FH'DFYQ/"YFD:"?'9\*TK.:=Z&3NF,*SK/U\@/8%<']_0(
M>BJ`OX5&MMU&\M6O%G>%5Y^Z+F=79Q4-SJDZ=%7-;K;5@'$KI#9OV'I-DJ_P
M^A:+951GLZ66?9O#YJ;/!_W,>3-P^::03]!43`($R-L/94G.V8P&KZ];8%:B
MG@3T?R3WABT12S(5FFGYN.[&Z5JV;9H.K,A^Q!2$AT'TY]M)'&<1S/,3_*+]
MR/^4Q"'YY=5#ELW?_O33]^_?W_RX3\(W<3+]";:O^1,=_HE^\%7Y^0R$X"^O
M8&XD\HD/?YV%4<H\X+N9?UT?C48__7C(9N&KG((5#6$\+A_UD-!Y_0=,5==I
M!$OQU]"[)^$OK^!CW\J1;P/VY3#DP<'RZB?FN:NYG2>KYWO)>,?LRD_\-(%S
MZ6SU@-7+)B"')73$"1CMO[S25[_/:5`<+$.^?"6I,7SW/ORV>NKV).#5JS\L
M4O@]GA<*I&16.5-\_/*-@TGXBGT6=7NZ!5G`.O$B&9-\8>$ET106.UJM(-T`
MP>.OYY$6I.F":`F94Z\<317*'HCFK?PY6CS1)BMWD39=^8NT>5F0&C[M95K.
MT?D74V]&'U:43RH(T.`TT.:P-6,:+P_/FWE_TIWE@^ZFI471(FU55_(-[`6@
MJP3N)P:YG<QGY!Y)$?/1$0S,Q])Q..83H36D%>M$8,$`!JP8,OJ&RI!!9>"`
MRL`"E6Y*MB`,8("*(:-GJ"Q:[4R(%8R@`(NAHT3+Z&D/VI(M:&-`JDI%B9/9
MUP9T9!O0P8`40T8)U;`GJ(R!#"L800$60T>)EM4/6HXK.01A``-6#!DE5'8_
M4!GZ4((5'<$`%DM'DW-0;X36MA6D;\,D?$7'5M#-QO@9;W*@M/DZ[PS,;RU8
MN:I7IHKF@XESO\S-GMR(2JAQ0W^+-[YF+2BN3N@'/[^[/&]EW^B684GD%8Q@
M8"N6CL.QE0BMO.V4""P8P(`50T:_4(&>)V4L"PEC66@8:RBSFW&8S2VM9J5<
M);,%800#5BP=/:-ERK:@B6,'FG@VX$!F"PYP&(,#WAKLBZMTF=9.1S"`Q=+1
M,UHTSUL(ENNBP*I*1K]0&3)Q9>`05P8><>4X$D44!C!`Q9#1M[@:2*\/!TBN
M#P<MKP]5[D').0@#&+!BR.A999"IHD,<FN@0D2*JCV1J.XQ@`(NEH\FUA$(O
M@\P:'.$P!T<">[#6S812X2YE+!S7\RP=32XG%`KWH>0DA`$,6#%D-+F94`>5
M.92H[3"``2J&C"8W$PIU45<BKF```U0,&2543C]0#0<2M1T&,$#%D%%"Y?8#
ME2Y31'4<BJ@N4$1'/4$EW8$ZDBVHB_:@/NAI$\HN)H8X[B6&HFN)WFP<F5O4
M0K$+&3)66/6FMDO<HB,<]_,CT?5\7WJ[)?.*6BC4*X:,%59]:>T#64@1'<&`
M%DO'"JZ>-/?AYES9$EDZ"B.'(6.%54^J.QBGTJN<`0JAQ=+1Q(ME-$)K.ZB(
M@TGXBL,%%?EEQJB6D-#+B*]EL5945,IK1&CK*AUYH%$Q<@UO+3KW;,KAMTN.
MD,6%&CCB0@U!7.@!>$<2N""S9RP<JA1+1[]H#64GWA#'@3<4G7<],98^X`(>
MUZ)3QP`62T??V]"0YD<8*%PP+!U-+B)4HF7*KDYA!`=:)J]-U;)IU*%EZ$-9
M_`*,8$"+I:/)7812M&3*`XP@0:MEHH12*2\+Y8,1#&BQ=#2YD5"'EBE+0S5Q
MI*&:@C346B+>;`35MDW#@21\1<<V35&W+0B7VCAOUDO3&S2OJ/1$39>,EF&;
MTC0()?G<IDQ&FSA$M"F0T+7.LV:L(98YNE2SU)%HEGI+S7*H9"-Q(0C"5Z#9
M2.-U?\)V>VFHRP*@=!2A%PP9A^,.<>2%3-E!HNL(5)V>H!I9$JD#`QB@8LAH
M<GBK@TJW;.DUBHWD'L7F+U)JG6<*]Z`N4POI"`:T6#J:V&<J>4N:]&_A\.ZR
M=#016E8CM+9/?TZA%+ZB^ZN!.*'W`-^#[`$._E=YPQO-RROIO=+B*$\5_EN>
MC5S6*Z89Q%Y(RY%JZ0,A+15KQY5E)+@H_&H,&8=C%N'6LF67;C:..S>[Y96;
M0J@<5R:%8`0%6`P=/:-E.5)_K8/$7^NT3'51B)8AO?PVD%Q^&VTOOU4*+=G]
MI8WC^M)N62Y)Y3:4E8F@(RC`L@2%(FHIFBK1DN8&64AR@RQ!;E`MU[8ZM(:V
M+'C51N&_9,AH$D&ND+%T7:8[P`@&L%@Z&H49JH/+&,E<5",48#%D-(J;4\A:
M[DB:U3_"X7AAZ%C!52OM12%<(YFGF(Z@@&LD\A7W)+A&LGK7(QSEKD>B:M>U
M<E]4JJ6RU!<;A4N/(:.)!F\W@FK;1\7I[L)7]..C"C=]`@[AJ-(M6ZJ=VTBT
M<[NEKZH9TT@<,#*TD#CV]-:>/75H#65&\A"'D3P4&,FU[JX40J5+-"@80`&5
MSNM/M8*_U$%E2+.E#"3I4H8H7ZJ6;JX0K8$A[=A@H%`V63J:2"RG$5K;2@%G
M[PE?<;B<ED64$"\,_@WG_=0+HE2+03F(T[S%1Z3%N;*0/7B1EI$9:!)%L$LP
MFWL!K8:;%ETD:0.1A(SC:90_"-2,\ZN+R]?:]X=@_`"_CL.%3XJ.)%$<G8WS
M#E.@;,`3(Z""QL<4C\QCS5YK7JI])V%(__7@GW3=U:L:9C.!SVN/M&4;_7ZZ
MH&\2TE4J0"55[2+99-YK$X?SVFSKNV[&Y&)/_U"FQ,`(!K!8.GI&RY863+.1
M%$RSVQ9,4\E;IO06R42Q$5DZ>D;+D@7"T1$4:%EM0^'4H67+G/TV#F>_+7#V
M]P25,Y*%GXQ0"'B&C)ZY2L94.'@*#4OIKC0^P,6A8K%T](N6*6,K$P=?F7@8
MR]!E'D@Z@@$LEHZ>MR'H+Y)M"",8T&+IZ!DM1W;3YJ#P?3!D]`O52'9U-,)Q
M=31J>W6DU"24L96-I,RJ+2BS6LNUK5"^#V1I\W0$`UHL'4WBOY0:T-*.>4@2
M#41U9&J%4J@TH*4"WD(BX2V!B*\52:'R-)2%Z3@H[DT8,AJ5Q52'U5`FM(8X
M9-90(++JE<54:$++XNQM'&'VMBC*OJ?34#=D:7=T!`-:+!V-*F,J=&1).`L'
M8XGXJB>]P1U(V`H&,$#%D-&H)J9*CX,C+4WDH'#/L'0T"N]5"I<LA`")&6T(
M[>B>=%)35JW/Q%&MSQ15Z^M+(W4'TLCQ`0Z=E*%C94GWI)0ZDEH0#HI2$(Z@
M$D1?[G<96YDXN,H4,55O&JDTE]'`$:?)TM'$]^<V0FL[0HSC*>$K.HX0NUS%
M;`71(TFSHE'Z5@]T[2).YF_R.D=?O&)JK8*K;%G:N8TCZ]QNFW3>C#]$4%DR
MU["%PS-L"1S#/4%E&K([4@.%$LZ0T2]4AB[K0ZFCD-`,&?U"I;O2FL8NDIK&
MKJ"F<5]H6;+L.CJ"`BU+E%_7$UK2$#0=20R:WCH(32%:`ZEQ-\"AAK-T'%ZQ
MQ+IC1JUFM5*7.3$L?$7GZC)HQGFR),V=T&AR1?)(--"<@YF7@1KM)42[]U)0
MGN,HSX.8)S'-2PAHD@4ML[M.9?@>%8U%Z(>R.//"53U1YF.E*MZND\A`6IMO
M@..2@*7C<#PFE#/2W`\=2?*'WCK[H]V.Q'K6J.,!:2,+)'TL1&TL>H+*-"2V
M!`Q@@(HAX]GLE=::AD)Y:3]1O`P%"[!T]'ZZR"[L31Q7JRP=?0L7V>67@<)3
MR)#1.V/)S",DMQ2ZZ)JB7NO=02.XMBT)OH>E^"6=VQ*:-QX##KD]0<NVY+8`
M_1N8`;2=P'01%(.3.-$`KN#1RX+'W"C(DD7AJZ=>^0?B3^GG80F"QSP;^G7^
M**:PBY:O>6F'T-&+>#;WHF6JD=D]\7VP1B2O"%(8R4@R"Z+B4H!^>_MIJU:)
M#W%*,[ZC+`%JVE@MEBEQCL``!G9FR#@@-XM](](:8`,D-<`&;?M%J(5+YGB#
M$21P(>(N:5\?'4EC'UW4V:<ON$Q3LA=A``-8#!G]LY;,>(`1#&BQ=/0.UT!V
M&P4C..`:M'1-*(3+'4H\>3"``2R&C"9I54JEENSZ'(>Z90K4K5K!T6KU!YG4
M&N"X06?I:%)A32%<ABS'V,"18FP(,HQK55Q5B)4]DA60&*'8A@P9C;(YE#*6
MK'$K'<$`%TM'HZ0.E7++=J0%?1T46Y&EHU%BAU(Y+[6J46CRNB@MNT=57I9J
M;"*I/F4*JD\9?6U&2Y<HIS"``2V&C!58?>U$VY;L1!C``!9#Q@JL6@E6"L$:
MRDH,#G%4&!RV+3"XR4QN=P_`Y;^(7]+Q/<!VY?;+2B3^`2JVN[(^U"Z*-""&
MC$9V7S-F$6'E.!*S#P8P8,60T:10M$*L]-%(9B/#"`:T6#J:5!Y1"9>4MW0D
MS*6+N*M6HJ=*N%R99NZBT`<8,AJY%!1BI3LRIS&,H$"+H:-1J1:5>%G2FG@6
M#H<52T>C<BU*^4O:1E;'D=#'TM',:Z4.KZ%$X1JBT+>&O+I5T_^B5'+)+IZ1
M5-;0A94U:L%E-(*+LV4X9X+X)0>V9:X3,@L6L[QK!`D>O?N0',"F,739918=
MP<`W+!V-KOZ:\8U$]Y0=>`X2M[`C<`O7D]_JX#)EQ2!01%F:?(QE/7-9(5_)
M4@-T'*D!NB`UH-Y1IQ"K@=1<'B`QEP<"<[F>=T$A7"-90UTZ@@*ND:"E;CWO
M@D*XK$V-(<ZD0>$39NEHY%U0!]=0EJ,QQ)&B,11D:-3S+B@57-*T;"3=F@>B
M;LWUO`M*\9)Y8P8XNJFP=#3S+JC#:V1*SD48P(`60T:C:K!*P9*<BB,<Q;Y'
M@EK?-?TP*@]%2Y;H#2,8X&+I:!8]I%*=E_;YPR&W1$G1O>GSCB-34&$$!5P,
M'8V*PBJ57)(+G1&.I(E1ZZ0)LQ%6G)^/TTS%+SEXS,)6791Q_$B2P[G[I/7,
M<"@)+!V-W'W-V$=R[DF-00N),6CQQF`]-4$=7+!V$DE.1S#`Q=+1R.FG$"Z9
M(#=P"')#(,CK'7H*=Z(KN]YR4=Q2,&0T\LDHQ$IW95(+1E"@Q=#1R"VC4FH-
M)7#1$0QPL70T<S.HP\N4V#8F"M/&;)M3.6P$%*=\<J)=_)(#*Y]?(^(EM#3%
MO+AM!O7SD42+0ZB>4BL/B9$GLO'JZ9W-.$=R"2$+-881#&BQ=#32.Q7"I4LC
M0G4D$:&Z("*TGMZI$BY7"I>+!"ZW[7VS0KA&TFN;$9)KFY'@VJ:>IJX0+E?:
MK1R'I]CE'<7U+IO58668$JQ@``-6#!F-K!IU6,D*5."H3R$H3U'/GE&X`64-
M-'4<#31U40/->G?,*L&2*5HF#CW+%`09'\*@$6[!H<3T@P$,8#%D-+M@5@B6
MS'4\Q.$Y'@H<QS4OF!4>A(.!9!_2$0QPL70TNV!6*+8<>4=I+"VE13VE^]+A
M@7B9CV^`(].;I:/9';-"O'3IW82.Y')"%]Q.U)/U5B.X.$\?=S$A?LF!/7WO
M-P5JP\"[#\*\V.TALN0=6=-:.H*!=5@Z&OFNFK&.4$V0'7Q#'.?>4'#LU3OU
MU&$%"R>+JW*0I.<Z@O3<>H>>0KBD;CXD7CZ!DZ^>=T$A5I8ADUHP@@(MAHYF
M=K,ZO`Q=EIM+1S#@Q=+1S!I4B)<T]M]`$OMO"&/_:\%E-X*+4Z@XJ25^2<<*
MU>?`G\=!T61L[*4/VB2,OQ==RQ:T:1EM-$"K^7\GP?2!ZE`>#>.;DG;*T\"1
M><]A!`.;L'0T8I-F';0Y-N&ND\4OZ9A-OD;Q/>ULEP=P!M%\D14\0D`-)XD&
M3]5\\DC">+YI"%&VD]!HJXHX_T@:3*-@$HR]*`N76@##XRS_:!X;&H;:Q`O*
M/G?IJHV$-YTF9`KJNS8)(M#>`]H7+TU)V>FBHO6W8LF13.<:X5"Y1@*-JYZ4
M5]C1?2@+KZ4C&-!BZ6AD^ZB#RY:U#[1Q=`^T!<T#ZWEDU&'ERMH%NSBZ!;N"
MUJ?UKE558B7136$`!U:\9EK/\%&Y!V7E0G$4[K4%A7MK6CT*Y?M`&F@T0!)H
M-!`$&M6\,%2(EV/)KE=A!`5>#!W-K$2%>+E2!Y>+0]MBZ6AV;:@.+\.P9.E,
M,((!+Y:.9M>&*O&2%;>@(SCP$A2WJ'EMJ%*?E_9<&B+IN304]5SJ2TD%:F37
MTC""!"^!EZLO1=6T9;D4-@IISY"Q`JLO3=61!=0X.`)J'%%`3;T@0)6:JM03
M,4#BB1B($GU[T^P=68\).H("+T?49:(OS=ZT9>VF;139/`P9*[#Z4NL-7=9S
MEHY@@(NE8X57;WY!2Z)%P``&M!@RFC7'46ICRU*C800#7"P=S?KC*,1K)*WI
M,,*A2+!T-&N1HY2_I/%<%@KAQ=*QPJLOG5X?R:+DZ0@*O$:".'FC-[5>%GCC
MX(B[<01A-T9?:KTM*U5@XZA48(L*%=3"RFV$%1<<P"D0XI=T'!QPG00S+PG"
MI9:0T,M(JF5Q?G?ODTWX+<R'7NG_?OFA96TG6Y9,:*,P8!@R&EW4-^,-X0VA
MS*_GXG#KN:T[J8_4["/N*!._I/O@=OA<WN8MB#*2C,L`FE45BR""OY`\[(7\
MF),H):_9#^9Q,=K,B[PIH>WBM`DA:?7SZ=87\E](F@D>K<U)DGE!%$13NIV9
MKVUZ-Q1/GWO+S2_,)\/8BUH&VMN&Q`:G(QBXF*6CT99OQL;BNP^>F5=W#CH*
MO8REHU&\B4*X!K(T#CJ"`JZ!((VCGM:O#B[=M&6-06`$`UPL'<TB`Q3BY<K*
M2-$1%'BYHE)2O4DO6>")@2/NQ!"%G?0ENRQ9>VT+1W=M2]!<N^8=I,*=.)*6
M7Q[AJ,S%TM'LYD,E7K*H53J"`R]!W&HMN(Q!([BVK0<^V$3\D@.GQGZB=9?S
M$/G\!_]?BZ*']%K!I[9&\GB8;%FI#H]$A6^KP3=D)1%6TF`<)+$XHE"<6E=H
M2K&2\-40QQ$X%!R!M6[0%&)E&+++;#J"`2V6CD82O5FK44ZB<^&\XI<<SA]$
MO:E3#Z0ZR.K"LWJ?E6X8FI-72.X``"L<K?!!^$-$QOEO]$#(OY62+`L+SU#^
MMW=>]"=URI[/2!*,O79^6<.5I<K""`[V<@5!T+782TUK5H/3K,0O.9C;/F>>
M-,MS[A910KPP^#>P%66X5/O?5'\@Z7]I_H)03^`D3D@P!09;)`F)QDO0)\8/
M\`90**COOQT3#0>R_&$80<%$#!V-5`4U?3_XEN3BEW3,1)?1.%SXA'JL096$
MU=#B[[3R\B(KLS*IQ]D'U3.AB9MECF@N@7+'<1R&BUQ&`0MF0,NZ4O-]'/FM
M>4GF"841)+S$^U[JJ0<*Z\,/93?4=`0'7*([ZEIPJ:EZS@,E?LFAMEY"ID`V
M[#2?S+TD-_)2K<C;#Q*-_+4('KV0;CE0"X@W?M#^M4B"U`\*[0"4A^\DI$G5
M6DKSL'/A7FQB^$Y13RE[\+(\WSM=S$LK\WZI>94OI!D(_]<E*7G*]YJ6EKO8
MD'7NAA$D;,G'?=7;Q0HKF@UE+9;I"!*X6G8^,M14-./Y2OR20^WBV2(*QL$<
M3LFMS7?OC?\L-EPZI_Z9A%[)TJ4+M2G=?Y&*328S#8<X'#0L'8TVF<(J-]90
M<@M&1U#`Q=#1:).IJ7+#2R/Q2PZUR;+$BU(O/_C`LDE6!G:YO;)D,<X6"6T<
M$L=A;@[-UT92H>#FJNLT\7P"*FL"9R&M3#*&KP1@CP?IG_G!>W'SH:Q1\E_%
MT5G6/PD*,C2@/*#;]^+]U?JE=%.#'94`<6",IUDPA@,]7<!I[15DCQ^`KLJ;
M7F_J]6C?@8IDXH4A?`?>OP[KH#HV%1%G8U"TZ6>H9>>5"G=1R$<#FZUMNSU+
MYK*D(TCV0\O&%`WW@SB"3=J)"4E\H]$ZP-%H%@S*B8\GJQ]M1CL6'Q>PLU:M
M*V%[>1/82=KY8@IFK:9;KS5XB:W!-M<'@S?POW;AC=**<S:2BG.VH.)<O;-%
M8<Z1+6N80$>0P-7VFE)-L+#Q9+"P<:A@X?5>\J)E%M"8PZ($V#0A]("B9VZQ
MC4H+5BN/Z*(LV*HJ6$)F96QB2L_%10AG(PU#+&W?_-R."FUZ'9,(YUS;K2E3
M^VPD:I_=6NU3%WP,Q,@<2C""!*Z6/9P--?''?!]U\4OZ..;^VXL67K(LSSG=
M+6*$07=<:I-@DH%Z&D4!_)K2#]%B@*3XGK+C4.;^@1$D3"1(^SL`$XGCYZ3N
M'P>)^\<1N'_JA0\HA4OF]W"0^#V<UGX/I7#);N=@!`E<_.U<K11<M7#)+J!@
M!`E<+4/QE<(EZ^A%1W#`)>CI52N@52U<,D/1P='4BZ6C20%(M7#)#$4'21="
M1]"&L%8&KE*X'.EF=)!L1J>EC\H<-()K6WGGI9;X)1TK[^>S>$%M7UC"D(RS
MB@%,XW8\FA9(O<S9,B_I3E^2:D&:+FCX6*9YFA^D8_H$JOF7"8?M-'?'EG*0
MC82#[+8<I";<D!?DXI>@XJ#-S4D05>]&O&E"2.&&$;%7.YYRI9YS%XGGW&WK
M.3?5Q!CRIYWX)0=.2OA"LNVPPGA2J>P/(UFR*-@'^&;3#R!W.ZQ"#]<1AY+,
MA3P89>T*C.=E6&S;CE\2WM-Q'(BZX#RLY8=HR'DBK$8#B5T-`QBP8LAHM$O5
M!'&:3P9QFH<*XNQVEY[]?OGAH#L5A+#,\^PB\3R[`L]SO<VJ,/+3E5XYNDBN
M'%W!E6,MIZ%:N&26I(ODRM$57#G6<AJJA4MV:^8BN35S!;=FM9R&"N'21Y:L
MP@*,8("+I:.)TU`A7$,^#:+,O#-0@,60T<1CJ)2UI&T7D#2YTD5=KFIY#%7"
M94MK2]M(:DO;@MK2]=18-0D1?!=M\4L.%>4YU(W7CCUZK=G&Z+4[LG.UU!K8
MKQU]F`>'>$F6QUIG>00)&5.WQCK/84:R,ELR>0S&-,XS\H,B50(>\YW0MG=A
M,`WH37D6K[(PM2B.0/.=D"#+[]"!H,`GD9\'A*Y^J21CI.O6BDOB):D&HZ`/
MOX>'S>Y)HIEZ?MT^S/_?S-\,/Q@TPR*=T[S.1Q(NV]FSIB/K6@,C*/B;H:.1
MEJPRLT*:/CU$DCX]%*1/U].2U<%E&K).;G0$`UPL'8WNBI7")3$JZ`@2N%JV
M"50+ER0LB(X@@8L/"ZK'7>H25H`8B2I#1Y#`Q:LR];A+)5R.Q*J@(SC@<EJ:
MK`HSATTPH&5PN2C<;2P=C;A+(5SF0*)WT1$4<#%T-.(N==DR0(R,NTP<O3M9
M.AIQESJX+)F6:N%04JVV)7Y,-=F_YI/9O^:ALG^W2ORDBUF1X1`D_AFU4I>5
M6Y?IPDN\*"-@:I)L%:,!AJ.71,1_G?^Q<@]?5'2FU3?2!<T>)&=%<79_4Q0Z
M(<'L?I&DQ07,Z^JW136DX[S5._VUK=TIZYX'(QAXE*6CD=VI4!D9ZK+C`D8P
MP,72T<A_K@XN?2"[;J`C&.!BZ6CD/U?*73)#"D8PP,72T:S'F<IZX;;LKA1&
M,.#%TM&LQYDZO&#U9+T_ASC*T;-T-&MSIK+`NO3ZST1R_6<*KO]JMCE3N!]'
MLLOE$0JT&#*:]3A36#!<)NLM'*+>$DCZ>K:!FJ(E_+V?^"5=IV-6JC)NM5]9
M*_6K(LTIO1B:PR,?O)148W"IXNZ3"4F2/%(W[_*2>3]:ZO#FT)6J#2X*7F+I
M:*3#JS/*[9'D$(0!#&`Q9#2*4E"GD;JRA%\71[ZO*TCWK1>BH%)[EY6X-)&4
MN#1%)2[KM6-1:1Q*N[$@:<;2NA>+6N:2W8+`"`:X6#J:=415J+H;T@XC!I(.
M(X:HPTB]CJA*6V_):A4,D'3[&0C:_=1LBJK2E![(+G%A!`->+!VK`)1!3W@Y
M`TD`"@Q@0(LA8P567^U^+%DW9PM',V=+T,O9[,L):`XMJ4O>0N$$9.E8:1+U
M8L%4:A)\QX,5G0:.X":&CA5>]5(F5.)E2C0).H(#+U-PC=N?&61+;A3I"`Z\
M;/Y&L9X5I*:@)L]8XI<<[MJ[NT['7#/B_;L=[]?NN*4+399/3$=P,&WKC&)U
MA3[A1).%`<$(#K@L/@RHWI&K$BY9J2XZ@@,N0:FN>B>N2KALJ89B(]%0;%Y#
MJ>>C5;H9I=QE(>$NB^>N>OJ)2KCX!*FU'H5$=IF\[*KEZ%"[&:672S:*.P"6
MCF:.6I5XR4*>Z`@.O`0A3S7-4:5X2:77$(GT&@K,A?X.1VDJUQ!)*M=0D,I5
MS[Q24V/=?++&NGFP&NNJ(@?"V&M9B\4T'&FFEH-#F#-T-&(>-57`^<M)\4L.
ME44]+DQBFMA\-D_B29#1GE0D`4AR^SK-/)\:Z^NX\B)2'2QHRCII!@\!P[P]
M"QE#759P!48PL!!+1R-+6:%WVG"ER7XNCGLBAHY&EK+":\BA+@LAA!$,<+%T
M-+*4%7*7([OEIB,8X&+I6,GS>L:,0M^T(\MVH2-(\!)DN]2ZM56*ES29U$&2
M3.H(DDGU>ODN"I5S1QJ)Z2")Q'0$D9AZO807E7B-I/)KA$1^C03RJS=7GS.2
MRJ\1$ODU$AC+O?GZG)$L-@!&D.`EB`WHS=GG2`N?.$@*GSB"PB<UST>%>+FZ
M['R$$11X,72L\.HKY!>HD9V/+HZL%Y:.1@F.2O&2E6ZF(SCP$A1OKLE?*O?C
M0'8^P@@2O`3Z?6^7%;:T%)&-I!21+2A%5(N]AH-&<&W[`_E>!^*7',H?^)_6
M&U.[#\)P50H1_F"M_Q!/JOVS-V[F577%HNUT2KM9PT>Y.H>K"H>FP@J'L)(R
M668CT?5M@:Y?:VLVY#6A)VPDNZ:F(QC@8NEH!)>:CBU\P73Q2SK>FG=QYH7,
MI4Y"BK[NM`)ID%:ZUZ^<]$7!TM5G4EJ7?Q'-O8#>]=!*_RT;P<N"M.@("@ZR
MV@9I->0@H7P:R0KOTQ$,<+%T-'$]*X1+6O,12<E'4<7'>K<:ZAJPZ"-9#`T=
MP8`62T>C6PV%<-FRQ%`;1?H+0T:C"DOJL#(,6W9A!B,8T&+I:!3-IK#<XTC6
MC(:.8("+I6-E\-1S<"GL%S*2*J$HT&+(:);0KK!'@6%(T*(C&.!BZ6@6*JD.
MKY$LA7:$(X-V)$B@K1DGJ0XL2U9;R<)16\D2U%:J&22I$BS)1K1PB"U+)+;Z
M:G)D6#+'#!W!`!=+1R,GH)H^GGRO,?%+#I>P-PZ2\6*69GGPJ/;]@?9#H;5K
M+\H84Y]D))D%4=$9EHZ,%TE"0P'G!'#SBR8K099'IM+^*%FLI20,RYXKXZ+%
M;)SD'TFU60S/#X,_2;BDWZ3AB-GZ$=\#^-X]=7O\M0B2PKW!/^N>T):$*[_'
MLJBPNQG_6ZIY\)8L^#<\8!RG+7O46K(+<SJ"A+=;EK=MR-L2N"2F%QU!`I>@
M]D!/<)DCZ?7)",GUR:CU]8F:WJI\4HSX)8>Z/CE_=ZM=O+]*7VL7G]_=OM:^
MOKE]H\T7]V$P+D.G2:7,=MX[NV7H_4BFP-$1)+PB*.!T`%Z1P"5+<QDA27,9
M"=)<ZDDBA9T7![*X:3J"`2Z6CD:22$U[/-X!)'[)P2YRC3>#ZKTM[<],GPEZ
MT'@<+Z(\F0,4L*W6SN*+VYTB:NMOG^`7^/O??Z*3"][2_X=?_S]02P,$%```
M``@`XH1B1MD%FW4,2```[@(%`!0`'`!M8FDM,C`Q-#$R,S%?8V%L+GAM;%54
M"0`#>-CT5'C8]%1U>`L``00E#@``!#D!``#M?5MSXTB.[ON)./^A3NUS=Y5O
M97MB^FS(MVY'5)6\MJI[]\G!DE(6IRG2S8O+FE^_`,F4*(EY(Y-*4.UYF"[;
M9!+X`&0"2"3RG__Y.@_>O;`X\:/PE_<'/W]\_XZ%XVCBAT^_O/\VNOGI[/U_
M_O__^W_^^?]^^NG=7<R>O9A-WGU?O+N]^/+N,GH*H^3=E9^,@RC)8O;NBQ=Z
M3VS.PO3=?U_<?W[W>S'P/]X=?/SY\.?#=]\2&/?=3?8O/TVR=S_]Q$?^W0O\
MB9?"H^^2U$NSY!_O[KPD@4\5SP1^^.=W+V'O@-HP^<=KXO_R?I:FS__X\.''
MCQ\__SCZ.8J?/AQ^_'CPX;^_?'X8S]C<^\D/8:QPS-Z_@^?_D>2__!R-\\^L
MO?[Z/0[X`$<?^&OOA$_@3\O1?\)?_71P^-/1P<^OR>1]0:)D?,[+>\X,_-77
MH&?Y/`Y0Q_[!^?GYA_RO[P&S=_"_?\91P.[9]!W^]]O][=I;\^^^]_,XFG_`
M/WX8C,?9/`N\E$V&Z8S%E]'\.68S%B;^"[L%C9BS*Y9Z?I`,IZ,9##H.0$#^
MU"_PO(FC^6!X>5L\`Z0B&?](%\_LE_>)/W\.&/_=+&;37][#QP&X@^.#PP*V
M_[C^?'][]6B9B@_F.%RQ[^E=[(=C_]D+[KP%ZG)R$\6WX0M+4OQI\!2S7,63
M+Z.OR2"<_'Y[/?P>^$\Y"4E+!*Q]OPGO2T/6D,/ES`N?6'(;@ASPSU&()`VG
M%K3`.AVML+C(8-)B2?+`GG+4'[+YW(L7PRE^S0L7_`_W+,F"M*W\&WZM%8>H
M<X,G4"M0(?8%IM_83^&+^&N[BJW_D=;\?(["IQ&+Y_AO:^HH&K@EM;'_`MRC
M0B=IG.5B'T6I%]QX?@PK8\96TE\]/(#E,47S_^Q[W_W`3WV67"Q60\!?+KP`
M%XZ'&6,I7_@NV#2*P5"R,&4QK.;IXBM+4UB5+8)$BI]6LKGVXA#&2NY8_##S
MXGR"R=+\P\/IA9?X8R#KR@\RF*`VGVT)J(U/M^*](JT;/P3@?2^H2'3YY]]\
M%GOQ>+88>=\#!CYBD@N\F(U1QG62':3+][]&,)F-HW@"<WQ8>>T2IH,H=PO9
MFN1;XDJ=K2YE=L_`S_XWFP#1W\*X_.%7#SQ,9","AF`='0<9T'P;5I0**,-_
MCJ+/[(4%1W6<6YL^W+/02@*%4S+R7G,Z^#_A0[EASJ)@`B'1]5\9+'XM(6OP
M)>N<W8,6HY:#E`(_GYNLZ8'9YUIR!O^/AG@;@J<-]ECUN;@_N53&7S,/'DX9
M@X4&IH6YG\T35#14.%0\T#+^:]`RT-I)'I:$DTL&2CF*EHZL%]JT&PI,M)0"
MCW"2P3R*4S3LRRC!A;\R)PQ>X$LX(P.3#U[`X*^_L0`HXB[E:I@[&&0*4VUD
M$^3.:;2%(?PRC?WO6>XD+6#526-OG&9>L/*]#>AL"V'WA-G"[=<8%I'5TE(L
M*?<LCT%'T0XAVQ%UMG"#B61C0=Y<C36">7RE"]BL$]<*-1RH]%8&DW]E!8W7
MK\_P,1@K83'0C3G,21:PNCD;7RYE?AEX_IS[,&T]BAU2N$/\"DF+GK>G;IU0
MM4.<RA"G7,,@8KF+H^^EV/Y@_M,,A'F3P3S"<I'RW&0NZ7'T`H&\,S!MDMX*
M<4[2[2VL:Q,D=BW&:XN/[O"V>7A(P9+GA0MYZ26SFR#ZT0$OTL]TR=/P&6)]
M*TG.YE]LP%\E1*HZ^5=LRN(8_`'OM8-(O=U'&W%9!C8\(/D63@#F/.-76C7X
MXO!3/@\4D0Q,%./<([I@EU$0Y#\`07=@Z='DCYD_GHUF4<+_AF(8Q&SUUA"<
M@=A^9.:(`3N8LSPZ+'^^9R\LS%@Y^6#TD[/!">!YE]:J9I6*!C@LK?CW>^9S
M:NS/$76C-Z&63S"B'&/2F&C)B+8(7?ZR2%G4.-]6J-?YC'66J@N:72[61^Z"
M\-5299WRZM!+TL=>,,9`#'[]&49>^R9[31FLIA/^5>2@G4&47\V_'$3CM:\%
MN,<4Q>LLEA_+:S2F7O(]+[W(DI^>/._Y`_!^]($%:<)_@V@<_?3QH*P.^8_R
MUX_%&LE'AIB=!;^\_UQ\[W']H<>#P],5/+LFE$^]X"@S_P5S"X/TTHOC!<RL
MN;^MX$'Y/K!WML%>10,&\3JG7CSF'X1_;HE_O7*F?.)#@JE0'.TG']2!OS^-
MH[D<\_+#46.N</<G_N7]P4<LJ_J1!R+PDSMAFFG=N3M"N3=Y!T8[7@S&?V5^
MXJ,$,=FJ8D#^\N/!T4>*^G8NTS<=EKBR'?11V8X:$;JUW,`O5EXCKN5E?(\6
M*J!$]@K0=4A05Q"L;5U1,\(UY+"7&G+D<A&,P%-)%W?@.>!>#^ZJ/J-?\96E
MRO5/_"HP=4Q1O8[D2Y^*(:YF1[U4LQ-WA*(CKR`3'P$B/U%4FQ.9VJP(Y^IQ
MUDOU<.B*KV_E/;`Q_M=G*M)%KP$S%!WO(ZGC+6>&J]9Y+U7+H;_].?+"2C"S
MK&58Y:H43*@'>#PXINAW'TG];EVV2L4[[&6@=VS/]T:\[MES%H]G'F:GYW._
MV("7.-_"=X`RBM[WL=#[5G#"E:27`=J)0T+S@HR"$)S_R^*6RPPBXE#E?TO?
M!;8H:MA)K889<,37P>->:IK#0&]K%[.RA:F.]11O`VL4P[T3:;BGQ1/7MY,^
MZMNQ0WVKE*@IJ*T\"213U*-CJ1YMT5_J#)4HL*$D3ARF"S:K/5?1T%W`)D]L
M,DBP/L!+6>P%*F,P&0O8II2`V!*(6`L;L%GJ*96IK:F>.LQ;Y`Z+/MV;CP/Q
ME/(46[`J/+4M3DJ%.NVY0CG,5HBM^&L4CK7"`ITA'@\^4<I8;,'?9)K;Y*Y4
M1BJI^H;*^,DAR:/8P]-2VNG8K>>!?$I!Z!:P8C43L%+J%)7@LZE..0P+Q/:K
ME_10O@_L40HAMH!O,K6ML5;JX"<B.F@6D#K>@L13GO`?W-A]`83QH(11R9?6
M&,`FI1BBBKU\$U.3LU(!>[D3=>PP6-C*-S5(N^5YJ6-*04,568-<VY(1GF#K
MYWSF,%2H),OU-PK`O:;D^%=QU-H6*.CG.D,ET*RV20DG#VDT_G.M285JAUGQ
M.JS[#M?-;7I6?12P3P"H35J<>D??911A'(8GWZ,`2'FZQ>9%X`$I(+#S$0"*
MTLJK)U>QWML$A4<N5*;9?FF5PVG>>#:IT[-32I.^3:F8&$\!`S<$*C&\'?DZ
MK2`N?;N<,,V#,YMO``N4HG81QF)U$_+$TY!4=@/MZ)O+.#Z:SZ-06]DV'P?B
M*?D((G0ED7HM0US-J$3E=M3,8;0^F$SR8TC8JMB?W(:7WK.?JC>;Z]\"5BC%
M["*L);E)&5]\2:52(FI']QSZ?/=X4#Y<'?.O='"Z8E-_[*L<7_4`CP=GM'W"
M0@)BC=1ED2LGE=)4*\IYYC)!IM=.["M+A].1]ZJ:,,U&`]8I[2B*9".92)OP
MRW68RNE&.SKL,&89Q<Q+LGBA[45NOP`,4(]8SJ01BX@EKFQKA1,_D=(VPJFB
M4WLG3M9#RN'T(?N>^!/?BQ>#<%+_?9DJMQD2^*(][387UK:!M`>*FQ"5RLKN
M]R<<!FH5ZO3Y`)(I!61Z"(OG\BW.>#J`H`::".G,89YIHR.;BN[-QX%X2GFF
M+5C%RE3/"3_BUW>-<CA3?8U2EMQY"TG+EKI'@6BB<U4!IUB3MKG@\Q*5JMRF
M6N0P.?2%3<`J\9ZF'%X%V1M//QZ<4TK[;($JUJ5:1OBD1&5SI:$ZG1,@>7$3
MQ7D+:?1`RG]LMJ?6Y$EG*&":4D2Q)0ZUKZ7/)==2*K47S;04!K,7VA9KPC2*
M`VQ#P?L*3`3DR%X!NJ@J4HZ8(+Z4<L-722HU"DT5QF&&KT+(<+K54D"?BYJ7
M@3%*F;\MR+7"1"%?7/>H[)<T75(=ZMY%%,?1#]R4^A8"F,NK0R9U-]TJF#(:
M"]BFJIFY0,2:V8!-OJH2+`(V4E2'*8[JA:_:YTOK7P)&R*8[SJ7I#AD_7,>H
M5-4TU3&GIU[X-;CZQ->^`VR038.<*PZ_"-GAJRV5TIFF"N;Z'(P^W9N/@]=#
M-B-RKCX6L\4)URA1K<`_/VS<0K"KRPD$MR.XRL6R=/OV#5$RMOKLX['+RK`5
M'7AI*=XPZ8<9N$TK0(M;PRM7&5V_IK$'6N&'7KRX!1$DC3;(._SRXS&I6K0:
M<8N-L'-8J+FY^ZJ!#B$M+WM234/\,2"64L:K<[&(C6\=$6J=:LW%ZC`47+\I
M6Z?Y_\;S0#ZE`'`=5;$*"?@@UF2CO71.FF7O.R)_^UK=Y?4>_-9LE=DT&A-@
MH#1U"L1DH*WZ3!-K761#HQNE>&OWH^[9-`OS\L&USTBVHP1O`%64,K`"U.KW
MI*0L$>L5:;ZV-DJ!U2K+#;\$W)]_S^)$FL87/@\44<IFK0-5KQ\2/HAUO#77
M#H<A_:^>'Z+W/`Q7>4*8Q-,XRP$&HP5[3)4':72'>3PF50&T+@/QRF?&'K7K
MP'8MXY./C4()P=KH!?Z_V00_GN#7\UD@3SX^L#0-RIQ>F#L>>/B.4R:;$YL/
M"KQ1BC/,1"):>-N!0>TNSMUKN\/]K6]A7!'?)KWJJG'IV\`:)2_!3"+BR5R+
M:VJ7?AH[%2ZK.O/)8S3SPA&;/T<QIMGFSYX?HYR*&:;2F+0\,X67:CZ%*)7;
MD)^J5@=F%K\$D%&*SM<EJ=B'LXE`;7L[ER<P^ZE-)Q]=[TKK,K+L_#N-XF2M
M\Z]-N,1?>3PYH!036%<"2[:K`I#:74$]-=N#GD%V&\HZ.12;7R/OM<D1Y=U,
M#"[Y`'%36O.M*[)=M\&AB*CU:39WQQU6A.<E)5R8A<!T:H[6WP`6*.TMK",K
MUG,A)\1N"S)7*'LY-L"HDOP9ALMMO4IT/4B7=_0.0CRS`9"%UZ]CF$&>9#T_
M6H\-G%+*N*T+H#ZC9HEG/N=1.:ULKJ(.$V-K`KA^36&MR?QDAM@/IUALKY'^
MD[X/[%%*CJVC+M_)T."+ZUYO]]2<UX1KK;.5)R%6I!0%KR.I\".K''#-H7)H
M95\K1EV>,&0AF_KI:K.H/&^N/$TH>@_8H>1;=BXXL3DI(*H]R^\R-VM?%4X.
M"%Q3?A<%_G@Q&/\%:V/>>?@R@AAUCO'LOW,-T&M)83H<,$_)#A1"$FMQ,[ZY
M<E/Q=[O0;9<UUKDPBL9NG,1E[Y#;XN2I3BFDYC#`+*6X32$4L2Z;\<MUF$KI
M3Q<Z[/+&ZV(%#I\TV=AZ'LBG%+4I8):XW?6,<?6C4F?=A?HY/?]8>'%ZJ__&
MTX\GAY0"/`7$8M6K98M:?\8V!VP=SF_+B*($MQ225J"Y]1:P0FFNJX%9IF02
MEFK[[OU$ZI3Y<"K8)7-UXKR&',T[$B1O/GYRF>)M;N.?2*5NE0`K=K?6V>+Y
M-R(3<5=ZYSJ]J[@YHW;K^\[3:'#4<O3'4U)I9*40%9GEMD!0<XBIZPY!:,J]
MT<N\,]9X,8J],/'&.0_A)/^IT&U>S#V(_00"HZLLQA(4%OO11'/&V0$%`#&Y
M@J.V"F-NPM8!I=9\X6^BRRY3];88++9R[MDX\)+$G_ICCS^[,XQE)`#(E+8$
M=J96W4\J:M2I%4'\7685AYLD)@PJ6;*+I\[G`#Q*FRX[4Q<[LX4^PK5%+L[/
M2!&.*P@Z"JMCH+]%`9:KKTZ#KJK/[4^5;3\+8/;!(3!2#7/SM8,BL3Y;>Z>I
M3K>*+7.U/-ZR8S27WP4X*66MN]6:W<T(&_@2:U2V?U,"P<1]4ZYVCV,.(:DR
M@FXU97?3P!+9NE9S;YZ]V'TC&*PC\5MYG>7E:%C3/1A>WI;W#@VG*[UH.3NV
M_B[`V8?PW4@YFFWP68"Q-.1>A.@]U=;#?8*SK8/?_L,`:%\V!RTHS@XGA@V$
MB1W]WL>)@6"^KS%;#I`L0.Q+GL^"LNQP,EAB6]<VF*J#0,'3M]?#VCAXJPG8
MJO'<'WXZ4S>T&4Q3>$)HS.X)`XS[D.$STIAMPZ:"L[WV&F\Z;H+]H;W&-6Y8
M404*!"@#E"DD$JBH&Z5):$-&]OH,$[*0/LQ"??=F*,);($O!AZ&B8I1FGJ5T
M:N^G>(M\Q'YLHSU+H[E"(YJ-QGX9S18-X_X`V;-)]",T2/WLDH3'4WIMG=MJ
M@9DY=X-H;2O49M;[IJ*'_3'M-F&'=1H>3X\H&/?NE<7-#+"!.Y\"VE<IO<T`
M1_W!S2UD!5H4-BAWKR!NK'Z)>.W5#F\.N]!5<WZ'@X!XW7,OZGTM?FG;M^<H
MS#>XXL_^7QDV(8''+>S_[IA2$!F%B<6J`C;;TG0"?&WG1:KSRYL1"65Y1+3L
M8D=`V*C@VC6I(+2^E'DX46?2L^B&%/DT2J7W$@&$>CF+$BUIWQ$0O9!6(2@*
M>]R$0%E78=(SYU)^M0V3:?5R3(;32R^9W031#V?M&U?P)J,(KWP+QW[`UMK_
MC2*D\BZ.7GS@_&+Q+<$KX9:-@@<@Q!>=R_ML?NKQX*/+4F"@.&9>PJY8\=_;
M\"YF<S^;8WJ&^2\8M"G0T!D"N:3DQ'4@0?%D8@`0/UI'YF;A'EN50Q]E6^+2
M^QY4R)@.A]Q36O@[D*R)M6F!Q2V/3*U[CRW/;7OP#>E_"YD7AR#]<LXUMK7-
M`9!#"@5<'4K/Q+H$\'![HG+)68_-R>EU#IOBSFOMPDG^GR6?90OZ>Y:P^,7<
M7]08$W`@44[1H8Q-C$X?,=[`Z>/;NM962!;K(+8E>ALF6>R%8[XU'KT`">+@
MRVP0))[2[F$'@JFO/S"&B)O+P9NYM)9*H[1&K;GP1%GE:EZ8_?(DW0-+TZ!,
M0A7"99,K%D-4#:0P(#CU`HD-M1P9V=SCO$;]]I(]W+BUD;FLL\?6YC#=L3J4
ML6HE59&X`@C%V\C;'B<SY/L0>MAP,WK+&K87A\/<Q</,B]D%>"D3W'D"5SY7
M207_]2\A)WN<HSB2YBBDD/#.-E2N'^VQJ9#*2PS&XSACD\^^]]T/=-#0&0*X
M/-[CK,.18=9!"!!?@*C<2]U?HSIVB%I=L%Q<9'KG+3!&_JJ\^EIG".1RCY,1
MQ]+"9@.`N%&]K52M16(O$_&[S[C`Q-:P_2`2L<=Y@F-AGJ`6!NZ#O2T7K8$G
M5>10^@<%*R/OE27EI-;4%=L>"7G>XVS`L6%I@PHGOH90:=;?8TNSUPT'BU`E
MK4A$C.F\BH3N<=Q_+.P7HPD,MX>3-WMH*PI[;2&VIS6@JK*Q,`QO_-`#<KW@
M-DS2.,N9&*0W(-S?O2`K#PAC4?;UZQ@4X,ELU[3UUP".DSU.$QP+FSITAR4W
MU+=RO-;B.^FR;"&?=(&TFOU`(QN4C(,L['&^X,2@>$&-$K>;M[*[UG)Q>"J#
M5RPO_?JRM.N"A6SJJY)PBK>1MSW.19Q(SV+H8<,3%%0N2^^Q%=EK9;RB;,W#
MN'[%CV9^,L,_#:=7[+LL+V<P"I*_Q[F&$V';7W.,N,&\E<VU%XOK&T&_`@-`
M;4%].3WJ''>N>P_YV>-\Q(GZ'DX)*MQHCJD8#3(.$1G^Y_JOS'_Q`@2J:*:[
MZ8PJ-,)D*(3#82T!2%]3XI=1"+_(X'?E'Z-0-3FT&QR0^40IL=!`JF+SL`*-
MO>;P?PME<KBV`-5CQB8)-C]8%N'S0V.741"P<;IJ1R!`0&\0Y)32JF-%;F)#
M,@*%=Y-XLQ<=W.TEN>^\1>YVW$35!`YWK;?+Y.\\7V0,38<#ADXIK296Q%,?
MP;2`A]KMQK0MY-1><KDZC=TSGT]DX&^4Q[3$H9CNZT@PI52R%?@%%J`/!['+
M/HDKO,.T<&566QZYJCT"K/*B=,=!?BFEBJU(3^)(&>+"-UO>E@H=[,]<6DZ=
MB[PZJ&B>]#,?$!'8*ULZD]M24X!*HZ)2L4;;IDZ=UG_RPG5_HG,R8.UII)W2
MWHH528BMH9[[4M7/W]8/+83))*\*68)S<.4C+^&D;.1GF+X2#X/<[E4"Z]0@
M@:6$I30;*J<'B%N-PYV5BC_=P,.2OHS.PE[ELDZE>R5:8)1V0:9DDK9AG+D]
M:;DZKZ'G/6V^@!SL52KK3'5NLAX`O@%(IK^9NTWT3_1L_39\@;6\(UO7'!R1
MH60I#:1JO(EN!@UWJ(AO"A)1IC.',7?54RZOQBLW>(&XX?1SY(7ZC=O-!D/.
M>Q"QF\E1+R;1!H=OKA-/7E$Q))<!?>E0CZ*\'WC,?F/!9!1]\5*\67*QNF%2
M,TI1CH/\]B"D-Y.>.F#1Q86[<=1S851,AT!4OQ0M3]G<A@_9]\2?^!YN+L.$
M.9A._<#W4G,KTA@24#CO00;`3*8&!J4/$5^5J)>T$+&M\VY*6E87)^4.Q.\@
M+O0<N!BO@99TH5G?HC46LD(I[K$B&'6QBPDVW#(^O?EK.O@3*'U93G_`!M"6
M+NX"+\3-`@REG^?JF[/U!T*.>[!A;R8_@P5&!0S/&I#)O!&W'D)I@^&TL?GH
MCX0\[U7"X-PH8:!&AAL0\;,K5.R'R/9_&<("H7<Q>RXGS3R?&P3)<#IX\?P`
M'8Z;*$8UT,\DV/@&XK17689S[<*!MICQ#`25UE"DK?'@(Y%BSC(UR_-*PVG3
M/%Z3,1&'??(0<ZD:I<2U,>*1%I6.&K2MZX!2>L]P4TGQ.G!WN$]INUQ6!E%5
M/1S</([>8BD=S`\MINA6E557V`^B78[.>#!D9I^2=+EH!$FZIN!PXR!SO0UM
MX_A(:?%H'@[ICX23\%XM*1_-EA0E,CRT>5M=]%9TA\AL9Y&L)!140R'7>[4,
M'4BKYAI`PVWHK;1'"WX"6T4@R34YSZ(X';%X7G`AZ[3>8"3D>:]2`0>Z)Z4U
MD>'V0_UT`A4#<KE;5"_<5;N452_O&H::V93FX(C,/NTIY7(V-C,SL'CX]&9Y
M>A)QN,^T6?Z/G&#5L0=1L1<4U2T9ALC/7JQA:Z;#(??[M'N4RU)L70WAX?9$
MI<4Z:7/Z>&Z_A=HR\%U>(S%\SO4SG(QB;P(4*&.DIL-A<+Y/J89<//)T70-X
MN*]'O3$.#1,Y^-A-P2F&L<EJ5QSD!2*=1#_"9#BM7L!B9#,VQD>6]RK9\%&K
M,+4M7MRJB/=IHV)4!`*HY=29=P(WSSL(WT?^]BH,^J@5!JGPX)X9F5L(B)N(
MO2L-)?-<;366ID'8&!H9W:N@YJ/P$D1+4'$SHG(<W&%'!8=I;(&>E!?J=3-W
M:`Z.R%!*=C>0JGBQL0(-;V)X1L2$2"L3K"0T-EQODR3#-I7#Z1<V\;,Y[F1\
MC32.K^J,@7Q2,AHK4M/;8E5AP@]"$#^&1\5:'$8V]TLOPM1&)&\B3SV(9LPD
M)+8,-1+<'J@7O%$Q"(<[-E5AYB*$6%6C2EKT&G+3@V#%3#9ZIE`#`[<#ZCN7
M5.R`0.'G<+KLVJJ9Y*J\`3P<]6!WQ4PBZK36-@(\?*">R"*B^$=$"C97?N[G
M*'S"51VO2,TCTV<_]8)52E_=\;/QN(A'#W97S*1K&F?HX\1-C4JRB[BE$:CK
M'$5?_##*3QG.O)C-H@`DJ+^E4O<R<K97L?F19JL/"1C<,*AOXE.Q#"+M/59S
MH.0B=/6+R-%>Q>1'VLT[:H'@UD#\T@$BQG#L,A*IB-(@(A>]!MR<[%5,<BR/
M2>0P\(B<>.TC$3,X(M*RIE)&?ANNG.`'6.^_A2#0P5/,6.D1W+/G+![/U%NI
M[3^`".U5LNM(NUE-*\#X6D2\EP85(W2X%E7SF]60U"`[7'T-9^^]6HN.I&N1
M`@9N!L=O`8K6NN\R2;::[E:SV7!Z&<WG4?B01N,_]4^-"09`#O<J[74L3WOI
M`L*MA'KS9RI60J04)1<A-HXT.N6_?`DYV:N$UK%^9[)-$+@%$*^;IV(`Y/)8
M>96J@?>D.0KRNE<9KN,&&2X1*CS.)][M@HK-$"E`,;44Z;O(UUY%Y\?:I2@B
M++A5D/&E'%;&.UPFKJ=3-DZ'T^M7\'K#)W;OI6P8UC/08#IH.SRB0VEA:2!9
ML9E8`H?[9*(\\C\_5!#[#,3PWV_\>@U)]IJR<+*ZA'L+R_EWW_MY',T_Y!A>
M^<DXB)(,>W(F>"HF_\_D7UEQ&N;Z]9F%";MG"8M?6/(PGK%)%N2U!4G"A,\G
M5RSU_."]*Q<J"OSQHMC)O6`AF_K%@9_`\^<)2#N+8Z9QWZSN,(^'Q\V*]VM/
MD17(\N%_C>''X?2>^2$("?T5R2DQU:M(**6`R!#@;8,T8)H;6VM?SH70&JTS
M$D*%=GO/L/''!,^8IID7X'T-\)<Q_(KG6I2<M!@;6:6P:!B(1::3[9'@AQ![
MJ;3V#M;>LW'TPO!FM^&TB6)JO8\D4W#U#>"M5SX3;KDS3R3"=;!P.]T86PKT
M,DIR$E>R4W.I>AVX(U5(;B@5692JQ7BIV\(XE;)[70;T7O!KY@&C*6,%E_FZ
MD2/VV?>^^X&?+MRZVBN2;U$F;+*D?/@]\)^*>.<//YU=PM_\%(C%D*N(@S"9
ML<:*0N&M?@N4Q.7]L6UXR=>#G2%7\S7`CM2MLUTHAGCZZ0;,<K:B<E:^SW;=
M[.Y:][C=PYOC_('AM$91\E_=1;#^I##<:L7K$-V&%*$,*)4A=*%@W<P/[0`O
MYQ`RU\?W>A)Q6`/1H08!J^B38DM7=_-&A0A$FE)*L@LU<C)5;&/,6R>2N:JX
M#??E&[B[$GMYDF-YD#A+D]0+L7MDAQJN]7T$WN$68>?\W<4^#/?L!:Z!7A*"
MB%/((.]:Q;J98AIA7Y=V>9MDNM4`AZ4WG?/';\-SC3.G`_&FL$^P:P5S.,5L
M0%_.,*)&:93SNG?`!OR]Z"`_'<W871Q]+SVV/W)6`+TLA7%S;XYCL9;A;IKP
MK=U:N^69=&2@_(;DH*CLE<?#DT\.,ZK72>K/,3V^I$\[12)[%;@ZI9#KU$!>
M4K"D9M#:3N`.U.S4XAZXQQK0)GD+R:.0^]*`4%"[H.3-6BF-]6W4U972R:67
ML`LO\=4M&:5O(\L.,T'UU/'-THLL_1JE]^PYBOFV8#-V90,B`I0R-'H"T]H]
M-D-`X7;04`V+:N^TPVH==7>>/RDJ8]2S=(.1D&=*N0,]$9DJNHQU8GN0G6NX
MS0HU?\.SPJ\-PV_A<XGW=A6@M&#-?#ADB%)<JH>_J(2M,?^E#HO..>XV.%S=
M%K:JZ%G=5IDL__R;#QS&X]EBA'R606("X>%E-'_VPD4R`(/-PT">W\>[D]+E
M^_F2-4;6)\.P\AJ$U4D4^!-T_2^\`/%\F#&6NJT9*IA9$K^"ZVL4QM@&)%:G
MU;3&>#PZ=KF*&5YXM'41"5!/:3TR@5R\*@FXM%;IW$,5=9B]'8S'<89I`2X/
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M.\`'J>-HQA(0ZZZ,7Z[!!W]K#6YVV*O^_NZBR_MZ_'Q7MA6=U)`B\1R,QT)6
M*`5QQD*H]R&:XL"5FTI"V)%RN[QZ6__:B+4[$HYH'>@QQEL\&=>PR=642H;7
MD9K:B]E*>*=1'$1>F/"FSK(\K^@5)*RW45G]H0X-=KE&BK*\I#;`[YD7^/]F
MDT$X^0;L%S_\ZODA+ZG."[.";((AZ+47AP`.-NU+X1'XYRCZS%Y8<%2W.^YV
MBWO)]Q?FY07NP_">2S<O?T`FD<%M]A2&V6+DQZ.S$Y<+"DLW-\Q4Z\KV&\@#
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M*EFK.OSJX_%QLV"O&W@ZQJ%DF$($N!NYUB_I%G%4]0IVK5`4[<U>*&F9T'R*
MO<`,.=LI0.O?18@H!*2[T82.+%0#X&XO]MA;U;07WK8F->]>N$%OE]#4?0\@
M(1$&[TKV'=FK!%J^,?EFIR:R:A9'[\1.BT!FAX9:?!!!H1`H[TKZN['4-6SK
MMA?I>L-T;-7>)7"M2=7/(-O^%`)!88=^5Q+OR#[K455L<^XVS;7:6ZKDT$=1
MZ@65LA_>BF+U<%VUSL5B-03\I=JK(D<5Z"YPO\2&UBQ^]N*\Q77JAT]N*WU6
M?%68WF!6D476&>+Q^%.SYHJUT\NF,*Y8`KJ&RCI(?F.3I[SG)I>'SD&I9@,"
M4R1Z*S801+W5MX*!6`G#[A3;8CO'30%\C5+KNJT])K)&P5-M(`X]]39%@ECI
M@0(/W9M'=(=!$.QYB-L?R(M>K>FZ\:C('@6_KZ%85!K?%`]B[0D<Z+R]?;E:
M:=B=XIL,C$Q2V(MK*!P#S3>%A%0SOLKY@8>9%^=-\K(T_\APBB4-8X@\KOP@
M`]XVGW4;8^2%X%LAXR@"#N91^)!&XS^+:U63G`V=JGK]T1Y/#DX<3EAKU)IP
MAG13\KZ:P2XNHJECEMBY`.=ZZ_"TR[=PXL.TZ'^O3B>#(/\B7OU^Y\6IC_?F
M8`ICE?91G@MH-"IB0<DW:R9*L2VT@Z4N\'9Y+YH^.N5J9<UPRO$0%X='9UI-
M^90<L:;`&TSZ]%JGDM!>AVUX5B7DRQ;5P^D?7HRME+1KKNO>1;XH%!2U%8Q8
MNW78IW;'+0EUM[<ST'`EE?/6?F!@DD1Y3ELIU<?:5K"IN[S!90D\HC/R7O-2
M=_Y/"+#S<+K$YOJOS$\7;F/K)77E/0(7+&137[6S(7CK\>3PV*'C5+:3O&$`
MKA>8\J1X&WFCY%S)12!>9/38)+899UU+'3I(I0`>4IC<\C8?X\:Z*A\#^:3D
M,,G%H=18+6:);;%9UUN'_0KYQ%$4YC2=705O`V\GE!P<N0C4LZN<36*':&UK
MJ<M\^16;,KS(KES?FK&F-PAR2BG#+A>(6&>-N%5L:?5>=1VFS+D<UA:Z=@JL
M,Q1R32DY+A>.6HT->"9VX9]U9788BRTGE6(E;#D/2P=!3OL1F<F3VT;<$FLW
M+R#V%J^U?\;K[B?PMS*E`R@V4VG1:`B)PX#.NMGV(&A3B$*LY'*VJ76E=Z[6
M#N.]%;73*1NGJX3LE1_#S\%B%!4)3&VN%>,`OZ22W,W$I:/Z>D!P8Z#GGNQ0
M(?K`[V5QU,E_8<63P^EE?F@I;VZ#!W;\\.DN]L.Q_ZSL)=[-1Q%)FJ&JG@I8
M,*HF>%'KPN_$`EU?LF;8*.LVE!TX!)[+YP9IL>-8;%S>>;KWMNV0'$2?9F2N
MIS9BJW6$9&US>)?5$TX,VO65X`()5EJU_E?F!?YT`3-R460OZRAF8VA$A68&
M04^<"D-KAPHW&GJ[%3NT&8?I!9D(RU11L>LT7HQB+TQ*G5V6D+4S'<TO($8T
MTQ9ZPFUF06;@<$.B<A;.B2%12&A@+U7P\P,_%]77""N\LG'J@\-0AOIYE=8%
M7BN#DH??Y$]>1HEV5J_--P`G4GT!3`6L$:U9@(>;$[VMR-V9D\76`3P:KKMO
MHN*,2TI<-4=`LON:BQ#W!C!COO;>-%K5JO<`P;J5NBU4+:2S7'Y+"B\C3-QD
MX+@.GUF<DZDZ9*`_T./)T4>'$TH]H>LR&?!"3MSUSH"0Q=K#C:`P^@)B1,F:
MC:4K7JSLH4/LB)(C4W*82-019;[1P^;/>G>S-1@1,:"4SC.67CM3J4>#6,&N
M(].PUR-$1Q)?O/C/483_S])AJ#B;UVY09(Y29LU8+/7>7FM`B%4`.U)[AUDU
M'0ERGYX79N%V?][X"P]I%OH+L<(/;-5H8;4P^!IB1RG;9BSU=BN).5+$NE`Y
M,C=[QV2WOQMO2>D;P)_?5)QOS26^C)]68P)K!Y329<9"T5UCS/`@5JGO1N</
MR'&\+L#Z8G5E'YPV0R,JO8W8#UI'[`I8B!T)<&0U]OITZHBDLHYCJC3$-,IJ
M`ZUE7"(?')GM;4Q^(.S;:0T8:@79CNS!8<F,CB@W3XS@$U<^O(BU3[X76%A-
M5)]`E'H;Z!](:V@LPL/-J?TM0+TV)^)Q?U[RL9H*;3ACFT,B"KV-X`]:1_`"
M.&JW1?]^YN&P1D9'>'>Q'\7_P[S8;KQ2-RR@<=C;T/Y`6@K3$A)BYS_=6,HA
M.8[7Y7?/GKTT+J>\*;_22._^^=;C(SZ]C?,/6\?Y.MBHSO?LH@JG8MI8Z!:%
MN!YBO_J-W/;ZA5&N+WW:(*[:(U_C6ASIVR";9O>$=,1;?E.@*4OY2\@)I>2"
M'O!BLY-RR6M<J/ANEN7HT"?;(@K^P7]7%LM62V3Q_KCBI+(QM]H#`R)GE/PR
MJ=P,%-H4`&H!BUVE/[-Y,=G&-[Y&`2YI\/,E_-I/+[TX7DRC^(<73V2[A&8#
M(1.4?"`IU/6IW$8,4SNS95DO;5XCMO&-2^_93[T`"[?7@`7$98=6C52VZ3>0
M==+^1%5`FMK<$@MJ9ZHL*[K-N\,VOG$;8N7_I'((U$2%M]]&<BEM`$A!U51.
M(9?4SAY95CN'^?DMHFIO63;EK'80Y)12#EXJ#P,G5L8LM9Y"EA674I2V?7!8
MXSX?S5&`U_->Q%]G9O&7E%NNNU1RWG9U]YP2)_7!Q2!(61SF,\L7/_3GV7RD
M["W09FA$I1?1V[E6?^46$/#D&I4R',NJWV$\][L7^]@)Z#8$=%F27H>I[*)!
MHS&0]%[$8^?Z\9B"5ZZ(5`I8+"LB@8;)ZVMA(W<!.>E%*':NU0^YECFNB%3.
MU%I61$H1V'92_)XE+'[)[[,:C,=QY@4)^FG\U^VW'10?0(1Z$;F=FT5N38&H
M[6M'R1AL[P]3FJ>-#P/J'5L[)3V#UXK$0-.%+/-YG4R+QLYUF<!4OZQ!J5"G
MR5C=J\@5Z>FY5@AJ[97P6EO834%M[8OVW-XQTHI@*M_X%C(O#MGD+F9S/YO?
MLQ<69J))U728QY/CCQ0S9Q*PE9&;+M/$+G7L3$6/FW5M,E!1#6]7[V4DEF**
M2P*LB3K6L$JLX4N'2MA)5FNM!A1_ZP7#Z64TD38M,AH#2:>8U9+`;**28HZ)
M]63I4#-IA$];0EE&O?S'NRCPQXO!^*_,+WH;:'1@;?\!1(AB\"61IE;DU0X.
M8BU4.K0.`@'9.E&K_J&WV"IW'(4I*%'`)H/I-#_N8))R,QL7\:`8RDED9VH+
M^B@0ZZC2H0G0J*.H$&6X&;+Y)O!$JD60!OZF:ESEDUK7ANXTU65_'XD<+K?O
M"VBNO#6#(><]"AOE77L:L4ZL3T^'&D[C+-Q:CFGB)\4=2\O+:C4/M9H/B`CT
M*!JM;\G3FGW%:>]==XM?MK,?S/'.K7_C'0U).@@G-YX?X]8.&TX'+YX?8"4)
M</3@!=ARZS<63+`C:IK%?KI8#8,7=TTA](@<'VM=I^^!C?&_(*`E5PKM5KX/
MTG2YW2.BKR%;R`VEV$`7?K%]*CBEYE;M1%_M[?:(/C<8CXN[.=D$;\\81T\A
M3BF_1<$$ID"\1D.2UFP^*#!'Z@RKKC3JDYVM<:#6FFH7RFWQ@&LS_"4G`MH-
MBLQ1"A!TI6%3N2LXU#;Z<+D]O^D=:2_&XA=Q>B#)T9J3V)B]M5&05TKJK92*
MV.<PXYC8[FE':FQOYU3\G;Q$<_VVKLIT<JMYYYF5\9%E2C&N4CCUL[1-+(CM
MQ7:DY_:.=VMCCXMBEWHN&Q]9IK2QJA1.2SW7P*)N5]7E/8!+^JYX2@H^<+'`
M+FVQ-TXS+^!>F%&&AVABIW'BX],QP33.%?N>EK^%G_[PTYD?#D.&_2._LN*L
M(5[P/8\R85-UFY]`E/J0'BJE:9X5:@`&M;X1'1B&PZUC/4$-IBF+04ZC61QE
M3[,;_R476=*-C6A_#;`[Z4,ZJI1Q6W,QQ85:XPK[EG-"D)L:F:&D2J&-6-BU
MY>A\#;&CE`Q0R-B*Y1C@0JUM1@>6XW"+W$!F.S`7J2Y02C$HI&G%1E1@4&NJ
MT8%A."STUO>:HRQ]`-D$C#]\!=%R=Q&+WN<0/4JY"H64;40O1L!0:P2R@^W"
M3R>]"/IKQ=@6!M//(%I]"/XWQ=N9'6TBP^V'>B;`JOV0SPU\9:_I?13`UY]&
M/UCPPKY$83IK#8+91P"I3WW(!&R*MJWM:.)"[:*!75C.)X+\K0NO%!PZW*,?
M426K8]=VU)]!M/J0#=@4;UOKT4:FML,*0?VR:C_D,P05\3WXKZO43F?F4_\5
MQ*H/>8)-X5JT'BDPW'BH%";LQ'C(9Q%*Z:UE?3HQG/HO($9]R!5L"M62T4A!
MX09#Y=RXN'@#>;-0U[,^#*#@\L2'G$QK<8^MSR!:E+(&AE(6VY-E@*@=1'%@
M5`Y3";K";!T2V?L0($;JK(NAI-L;EC9$U([![-ZTFAV*<69:C:(E:]]!O"AE
M&PSE;-6PI`BIKMJEI6F=V)7#'(2A-'.//I\K.S.IVD\@2I2R#X;2M69-,G"H
M73GJP)`<YB-T!=EZ(];>AQ`Q2MD)0TFW-RIMB*BUT==ET,X!2\F8F,OI;Q9C
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M#!NQJH@?/#W%[`D"_B+XM]JDU=*W$<)=]&;6G:X/#LO2`8?0-:0%H:203]^E
MWFP;O$OHK6U=_SWG@5WTKE:1RP7/YWJ7T#6D!:&DD#_;I=[8G@?:06]M?\[H
M7A@EHBNB&UX28_@%1*-1"LTJVUM3>N<P*+Z(L%#(AMF7=+T5=@NCO5-`_3>V
M[B]6,YXW.X=!\46`A<0US?8E;=?8]&!4'6?8[69WA4;1U;Z7,'\\X87LHQG#
M/T<A+M/#Z6!X>>MV6UM$,:+]E:7#Z<A[Q5M,4?YI<6\&>C*CZ,Z+F;)W:<O1
M'S\=N#R=(:/^@DVCF-VS<>`EB3_UQ[E2+9EJ@8MB9,2$PK)M5\3BC%E[J,K9
M@LJQ0O(6YW"#:E.4-Z!R.M-K%B/Q=RSVHXFF"=K\%*!&ZJR%'240VV0'V-75
MANSZNB@-%HK%&E9N6,AK47"^H*\DC?24_I8?/@V?65Q,C\6LN;SFG277KVGL
M@0#\T(L7MZ!=R=<(_AJF<5$,?!NF+&;*4M`.O_SXZ?#`7@@/JH<7]25%$F48
MWL#GP['O!;=ADL99<?][NMQ>P=O?R[OK7\>Y(R>)'UJ/C:Q26M^[EVI]!&$+
M2-ZFC<CJO[?FZ=!KR"?KO,B!06@5(ZWS9U`,U)%"?2JYT7+=NPW5CB5@`+\*
M,KQRN7:YK$=CF>Z%,1*3*S5[PP?(^Y"2O].]:BOBDQX)K2X:<GE?^+Y.B(<.
M,86U<Z5T!?D*+&K>0!XH%>=T+RZQD8OA4=2T[S83B<>',&\Z8O$<_^TV$JE2
M@K@7T9]"$>M?>CS]V"P16.O_5[]1Z,Q#%C\'&6A'RA(EJ29#(.&4O'DIO/6.
MN"&KU@YY4!"=0Z<6R5N%.D8WALE>!:Y(I*H:2$(\/6LP;"T,)*"6+OMOK$/]
M+?3X451<A8QUL^9]Y(^"V]%`)KH**N::FG-N=PEWV9ZB*C@%_=5'D6H*Q:Q:
MV(KUKX8E8OV-+&N:PT/0/*BX\Q88AY>;'H-PHLV6Q@C((X7B2BU)B/52GU/%
M2</=QUG+4DQ>Y#*<XJ^'WP/_J0A'Z41?!F;T>'K@\E:<*BF5IC3LV5O,BY*9
MN]@/Q_XS[@-@N\7JP1@#-HW'1ERH&EPI,[&9V>"<6!5%"_5V6%%D)(BR6:%-
MK2Z'1!2H9B5*"5E2YG6&B36@:*'##A,3YOC#UU7YYV:#`A(DDAD2*=G4XPK+
MA+UW,TUVF<LPEL!-E,6V%1G'1!PHY#PD,K*HQQ6.B?4/::'&#E,;Y@+P7ZS/
MQS@FXD`U65+*R*8:KS@FU@BSA1KW(_1;=B>UJ\EKPR(:A`,^>5ZE)=,4>DD"
MY4L:[TJR;Z)XM0T_>`)W*/_UE]'79!!.?K^])I-]Z6SW[O"D+RO-;K,SAR>4
M5AX-&7:6K<F1(%;UVJ$Y]&/%ZC:;<WA"::72D)CM[$X.`+$,98<ZWZL,9H?9
MG\,32EE,#:G9SP;E$!#+:W:H^7W*>W:7+3K\1"GKJ2$SZ]FC'`%B2=#NU/X3
MD62"X^S2X2=*25(-F5G/-N4($$N:=JCV_0AU=Y.-.OS4HP#WDZT`MPX$1;9U
MMZ5`%UGBARQ)'MA33OL#@A@OAE,\W.6%"_Z'>Y9D@>L[3/)C+/P4C<Z)(/[L
MX^EQLX;'M=72)21W,8#QJB1(\@:216E)J,-LVPS4#/'^1AUU[K.(_U&S_5L9
M6=>OSRQ,9&?LUQ]$(B@H@1HGJ2JL<\,UX%/[2G#;6#M,N-U%@3]>S*(`P+E@
M(9OZ*2;^+P//GR>W1<4H-A913&VZPR"W%!)K0CF(EUA#%NW=`&!;VQRFNAY8
M?DCT5X`O!D\DG`PF<S_TP>D!@;TP.3=F@R"G%%)90AF(-<V(P8Z[9+;0,X>)
M)5X$KZ=0&T\#[6<4DD%"5,6:4\])Q[<8-%>1,WM$E(,F&"6$"4S5$^PY];NX
M0XC\)22.F`>T#EN]XZ-D2-7FTYTJV+LJHAP46QJ,8B],O'%>O8!7?^8]0LKN
M!N$3#S"'TP=OSJ[#U$\7:FUI-BZR2"';(`1?JE"M>.8ZU]'E"59#+WM:N$Q2
MO+!0>!70]H-(!#$]$>`D#;W6N>$:\+%3#6@`]9G#R*ND(C>C92>V!Q:_^&/E
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M=B`N$]+E!KQR8Z_V+>2%@B<D`UJVQR=CBJ=:ST3.]6YK^2#>S<!TQO`/B'#'
M;*V6CU_9MHR.?\T\>#AEK$C#S/ULGF#X@&$$[]M>_GJ0`,)LDE\0$TXN&1`W
MBI8MX+T0)GVWA8'K]&M4T&P^_WAZWFP+O79=^#7&*P&+;Q2?V$9]*2SL!![#
M;"?S'IH-"$R1V%M7H5Z_(+3BN=M4(B'YNBR<]V,VWI@Z%'97]PIR025;TTH.
MXE5$PC9?0O9>41WZ,^7R9:2IM>\@'Q1\F=:2$*NJC&]BA_)M+/HN]Z1S/\I(
M*6O>0!XH)(]4((LU3LP4A3L55][UPWC&)EG`;F_!FB88#$PNO`"MZV'&F.NC
M,6"W3#ASKS_T>-;P,D);T>5R`T,942Z?1)HI),EJD92%CYL<6,N*.5$;AU7&
MEUXRP^`3_G/]5^:_>$&QK\O/[N5[NZKY4V<,X)/4Y7!KZ$NF40/>B.7)S)2P
MV<5DM>YQ]4ZL/V91$"R&/V#Y><B^)_[$]V)Y2E_C;2270FQ3"V)]V*W/E;U"
M0R=JY#`@N6)3A@>81MYK08_:>:U[!;F@$([48BN)AL6LV#O'Y42E7.\\:Y%;
M>1)IIA0\K"&IV'5>X\#>N2Q+W1=\[[L?Y&T!8$U^2*/QG\59Q@379N'>G^[K
MR+7+'EHK\O0909HI>?":&(NU<)LWGA\AJ(5&<CIR2/-%%,?1#RQA^P9!=KQ,
M94WJ&J<JN#(:"_FFY*IMBT2LBDT8K3VAWT=E=7DIV_)RZ@>8.G+L5SB/HGOV
MG,7CF:=QR%IS'.27DL>W+0JQDIHR::^)B&,%)=+AM>VM=,`))5]Q&V3)4BWC
MJ+:(HX]ZYK2KJA<FY25X2NU:/8I4$_4)2T!E.K7%!]<D*GFUQIKD]-IH?E!,
MG_K:=X"/8TIIW&V(91D2,4,\R*"2=6NJ9,>N3S7I$[[Y.%)/-U0X5A\PVN:%
M:Q65Q-L.$B@.)SEC?FHY."(ZO<D0EX0'(A9Y*9]HPMM%%<!R[__W>^;SHAH:
M):]_0$P%O.B7OZQ>>#P[.B%3/UB2951`6+Z#?%":CX5(2U9\"5_62@1)*9[#
MM,U:Q9&>WM6]@EQ02L8(<1:KG82MNF*_9N>&2:F=PV3,1FFEGN+5OX2<4$K&
M"+$6JYZ4,47YOO/"OX?42UEY"JT\F.;\RC9^(%.A4/PQ0-IE8XG\&-:JTD3C
MQ'3-&\@#I85_`UNQ\HMY(59CW4"I['5UH]TLYXQ&AP>!"+9USR;7Q*XJ:Z"E
M#OV`[IN/G-%H*"'`73PMZG)&K(BZ@?HYW*LQ:C$T>`&/!K<XIE&<>`%;;>+J
MY$S;?P6QHK1#M"%#19[5&O_VFC@YTWB'Z=8F3;5NP^7Y]IC-P.G/6Q?RO@$7
M*"EL"[`Z*E^\-DC3V/^>I2C,481[S7CR+LI;S/-^X;NQ*9=\/)[1:$$BT$-+
M5DL`X;H>7+V:%QI>R^2R6]<9K3N;-K!4Z/8:#\2.`35OEW/6L%V.X%#0NNT6
MFU&KUHK#J?;Y().!D`E*\60=PO5!92,^[96?4A-BH\A2BXEE,Z)\C]4:2R;#
M(H,40LO&HM%3X0:0='S9!U%=<!C'-O`U*$22EE`7K_,;#'=\'011O71Y4#U*
M\KOJ^/5`JIWEC<>!^@,*L9,E*4CVGNL9K[T_RV5,8T&>+F,<WC93D_RMYY%^
M2O&.`%])W"/@B-I98PMZYK1G:)M+`(%V2K&/`%NQCM7ST_%MD>YBG`.'NV=V
MF],"+[T-9PZD>VERCFNOB7.YRK9)_KCM9L4)P>ZX50D!E</I2'D-E'H`Y)!"
MY"*#7Z6'&ORISGN2*OK"-DLW0?3#==>WR;^R<C<"3]".HW#L!VQ-0*,(:;V+
MHQ<?<+A8?$OP6/C2*1J,4_]%9_/)YJ<>SSZYO/T%*(Z9E[`K5OSW-AR,QU$&
MG`%?S'_!'9=[%N!]!G=>K(&-^8"(`"6/IP/I2J>$9G#QLJ-S*JM6C^W/K0NW
M+?\XRQO/\_R"WF%B@Y&09PJN7H?R-+0X*4Z\]RJ58Z8]MC1[-P_QD&"-%NTP
M3^-M))>2J]F!*.HW@/2QX89Q\+8&M1:'XW:R5SX2&4Y@ZO,GHPA\#>"LN-%D
M<;&H7FNE86'M!WX\.R55-=6!M"6[`6UAXW9)Y>1$;\WRM%E)EN@$AZRD3K9:
MJ5Y%0BGM2W0@A/JE2A,8;@]4SFCTV!ZLUI9M^.%=GG'JX&L(Q_[F+4ZE16X=
M8<D-57C-Q9NE:HO/:NW=AKSS21=(NV=>@)=M5X1O9(.2<9"%_<U1G$KK[XQ1
MXG9S\K;`M96+P_TSW@R^V;:NXFWD;7_3&:?R.D`];+@546D#W&,KLG=_Z(JR
MIF>%#4<!\DD4'78HFOJ%QQPC;C"G;^Y:6[$XK8O,_0M@`*@MJ->K7!.^A_SL
M<3Y"46.I0(4;C?"B[%V+'W#0Y!VOSO3##'ZW:O2CKD]J,3A"1J"0$W.PZB9;
M&T\C[932`U8D(=M6K>.>VJ%<XKKNL!`!J!XS-LDKTVX8*\M/E->PBEY#;BB%
M[U9D(]9^!0S$>@01MP*'(7A5CLO.`^%DN1O7P"IDPR"WE()R*[+3LQ(-6.KN
M/'ZS&A'R#@L([KQ%[ES?1+%Y("5_&3@C=0.M%3E)+$0'#&H=D&@;1K,[<BT?
MT&&);@RQ^0)R0"F6MB(/61@A`*!4>C*I)@$.14^DCI1><W!$S&'4S.>P4308
M_Y7Y,5NV;H)9[<&DR9?!2,AS#Z)M,PFJUPE]9&I['[P9D!!^(J$XRG(X;6Y!
M!D,AUST(V<UDJ!>,:$)#[9@\<1-R&<>O_.@U.<^B.,7;#RNM"_7#$]5(R',/
MHGDS"6K%*IK(4#QI3=F`[.VBXQ?R%ILX]"C2/"4C>0O((W7GEA6PZ_?%U2A0
MNX>0MEJ[O%)=,&>M+IE<%:S6,-1LJ=`<')'I0:!O)F?CU<,,K-K[BM\6%*%$
M"#4:0$XNHP!/ML=>@**_Q&/O+'YNU&9`-1QROU?Y`?D%\PWAH79K,W%S<IDC
MJ)\^R\;6EE8NT6C(^UYE"H[DF8)&Z-1>(_RV-@E%8*\UP%9R='GP:/B<ZV<X
M&<4>WC^@S*,U'0X9VJM4P)&P74`+>,CU-R5N(O;R`9O)S^2+EY:R`7F!2"?1
MCS`93JM']HQLQL;XP/+Q7N48CH0Y!IMXV>N^_G<PJF,"V8CEU%EQ*4QRT\+W
MD;^]RBD<:^445'C47KCQMNX(0;=WZ%\RS]W%[+F4'TQNEUX0X(7">@9A8VAD
M=*\R!,?"`_R6H%)U*25B164S@FZL2'-P1(Q(14$EFKT-5\[#0Q1,OH4@T,%3
MS-CRK-1S%H]GGO(H6/L/($(]R"F8R5NO^J`58#S-0.70,G$C='I)#Y]9A]//
M4?B$>^0:5QR+7D-N>I!B,).-V&`4,'`SH%X?2L4.:)P66,UFP^EE-)]'X4,:
MC?_4SU8+!@`.3WJ0.3"3EU:"6@X(MQ(R3:-I6\F)R]Q`U4='$=X%GI+C^I>0
MDQYD`<SDHN=:;8'`3V(2+]6A8@`NCQ%4#PLF208DLS(4-?">-$=!7GL0_)M)
M3L]$U*CP58-X0IF*S3B,\ZM.LJFE2-]%OO8J.C^11N<Z6'"KH%[,3,4LB$3>
ME<M4%H96L?DJ<K57$?B)=@0N@(+;A+`><Q<75]V&21;CBG87L[F?S9-OX<1/
M\DMUV.0F2[.8#>;XTW#*G\`.36/XZRBZ8%@FE_^`&Z\L]J/)'S-_/!O-HH3_
M#>$:Q&SUUG`\SF*WUU\M6^[^FGG`?<K8$H>\@-T;ITG)[NIFH?(7M>PK#,/Z
M]Q[//[KL?V/`3RWY5UD,YG3CQTGZ7S!"RN(;^%/T`WYYX04XS,.,L?0*S,8>
MLFTI0<PI+>M=*95X4ML]V'S7C(@SO1?SAD/?PHX"/6!3PLFF!HUFS,G<H4T-
M8D_)`^I*N;J>/TP!YW[6VQQB3\P.=T3L*-%HYL=;.N1D_M"B!#`GU=FI*Z7J
M>NXP`9M8'\)]F#=<MI>RY+Q&69S.2$P<>J0@ZI3VL[I2J\ZC%A.TB35CW(NI
MP^'N6EL-^A+%#&]=&X9X%.$//YWYX>A']#_,B_-=I1U/'Z;D(/J4]ONZ4J_N
MII"&B-?UKGR;1MK)N<=94ZY%(R!JI4>X,+F>20PH0AGL>Q95WDO-'>AU;4'?
MYI-VHNYQ-G6I2#^BU:J$2N5\.M$F""6P[SE5>6,Y9YC7W5;R-IFTDW2/TZI<
MCW`=6BU*_HOSR42?()``J39]7:E8]Y.),>;E9'+V-IE8D[3+SH'6]`A49ZE'
M!Q^=3R6:Y"#Z^YYSE3<L=(1X.8U0Z<BV%]/('N1=#SZN=.C$]22B1PPBO^\Y
M5WE71B=XUU[\\#:#M!-SHY1K;4<42T4`/UB8+O(R1-0'[`XU8S'SIKBSIS\Q
MN",(0=WW'&I]ETGGF*MNM7!4LP\<A&RRQ/B%A1DOAP/.BCI^#L8U/`L`)/1+
M\-?I7N<.18JW4S^%_K^M3&OZ'P-5^.0P[;LA;=5AI,W'D?J^I4R-92-V*P1P
M]+!(E+!U$,]CZC.SVX,JG=`%\CCM6U;36-O:A1%=XM[#*E*Z$\OIWB`G.\I`
M8&;1(PPETK<\I[&^[79J,0*^AV6FA.<6XHE.4TW:U0F73NA">?0M_6FL;;N=
M64QP[V'A*>&)A7C)J;'WNZLC,-T0AA+I6_+46-]V'`^9`-_#NC'"<POQ\E-]
M9AR<D>F..)3,7N=83UO7I'8.?@^+W0G/,WN3T752]-XE>2"=L[W.[Y[N,+_;
M&/X>%K#2G6W.]@8Y-T?V.J4/Y;/72=^S'29]F^/?PU)7PA/.WN1^G1S#Z9(\
ME,Y>9X+/=I@);@Q_'^MB"4\WNZV(-=Z#]%_3&:Q(4?8T&[$PG:%VF"9Z:1"'
M8.]ULO>L59GL3L!7E<R^S1U&`K=W]7L7&G(=X-^62G+C3V%88E-((QH1^KU.
MZ9X)+ZVG)@,^H;P5ZUJ1>Z/4[DZ=D:5FK)_2(#*=-*`08#_?ZYSM66W.EIX$
M^%0B*L^M.\[SSP_(V'<O8?##_P)02P,$%`````@`XH1B1NN0Q@EY+0$`Z\\5
M`!0`'`!M8FDM,C`Q-#$R,S%?9&5F+GAM;%54"0`#>-CT5'C8]%1U>`L``00E
M#@``!#D!``#L_>MSY#BN+XI^OQ'W?YC3YW-WE]-./R;6W!.VRZ[QWN5*+]O5
MO=?]4B%G,M.:5DH>/5S.^>L/(:7RR;=($9*](_::ZJHDA1\`D@`(`O_U_[S-
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M'Y@_A<%OXV3^._SC[^?C<3$OHB`GDU'^3-++9/Z2DF<29^$KN:'*,R>?21Z$
M43::/C[32<<1E64X#2O67Z?)_'QT>5/]AI(*%/\]7[R0?_R2A?.7B-1_]YR2
MZ3]^H1^G/#XX.AA4'/Z_K[[>WWS^89F*W_7Y<%%0;299]IF\DBAY`:W/SN/)
M?9C]!?_[G<HLI9/'>4BR<ZK,Y;]^#8.G,`KA[_Y)HLEUDCX$$6G("P>4..;'
MMR!-J1Q>VT2^]\T&&!_(K/R6;1S<>2W0^E#,YT&Z&$WI/CX/BWEV%:0Q73WQ
M=1C3#28,HB]%D`9Q3@CP[B:&+7WRF:3A:TE*=K'X0I)9&KP\A^-Z(QU-@=<-
MT:]/$`\T&W"6[C7S)*;?HU1-24J_^)`GX[]L*8/J]`:4?R9/^5T:4LZ]!-%=
ML"B93)?^34QYE<-_G<]24I[@V>WC-^#I'S=7HZ<HG)6LRYI*VM;W3;"OM$SA
M[+A\#N(9R6YB>G;`/R<QD#2:6CBYK-/1B!?<%0=?"^)%_0_W)"NBO*G\#;_6
M""$LIS"OCX;+A!X&E*54!>T=0SJ?:(0%UL_YC"X1NAS(+;64TS"GW(._MKM(
MU3_2&,_7))X]DG0.?[:VM'@3-Z;6ELHPYVI(77WJT6,P3XM2'2_IZ1'F&P?B
M0Q)-&I.N^R'[N*ZF4S+.02D9_SB*Z1+,DM*GA,.3_M_J[Z>C%Y+:62,MD6>?
M<_846&5R^_0_)GD070=A^D<0%61]<JQ_S')Q+A;K*>B_7`01^-0/SX3DM5EX
M0:8)G!8%M2;3ER#-%]](#ANY6U7QAZ>1;#8H7MGB&ZA6Y\?J=^"6D3GUQ2@%
M<$*FP3@OJ!%86X-+"*,BAW@'!*"HE;_ZR`L@LB8(G\2[Y/K*6OP*_O`A2W%N
M25#Z2.?Y>J[X_)Z,BY2"F5T$6=AT;VR72*?\7*Y%91I;Y:,=XESR;_7/_PSI
MP9:.GQ>/P5-$J%^;E5M?Y=/P0&P0_RVA+L$X22?@^V\,VSQ(-_=`MYSW#LNE
MS+[07:ZD.*&T9WO;&'5+HX+2>\.CUXFYY95FE]RV9HT9?]`ENO\N`NH*YTN3
MAYHC\Y*S]_1P3>&0I.)X"&=Q&96/\^]Q\I21]!76TDW\4I21H<LJ@.OI*.L@
M4I?RO"=!%/Z'T@&A]73Y']N+;[W6(%1+B<ON*ES`A(1_Y+<EJ!8@-))`%?9[
M#-Y*.N@?*S-^XZ^M<4K]4[80V=KM1%,VI)7^7SAN;V*Z(L?$_O8L_8)5^N$J
M?%)$="VLKT&"B/X^3\.GHKH,V1W36#;V2'#$B]U_N5@\4I2CZ4423Z[>8/'#
M2J>_R*B;!Y;`ZI)I<K&XO;@YOTS2EQ%UL)^#:#J:_A&D85)DZSN,=1K$`]WD
MPS&U^:93NDF`J5&9'\TWO(Z@LRO!W=N">Q+6/UG?&]&??G^X*YZB<%P=`."]
M/]#]G[KL]`Q=_]T-!$;B\IPNCXAJ(FLV*Q+J&TJ@EGIV/D_2'`[+RR2#D-/&
M.7O^2K\$MLPRB8#^*Z04/";UY<%ZFCLZR92:W8G-8\PYC=9X^$JE,R-5K/P^
M@&`<"/P!#+G2A+@O/3X2)3_7H[ZDP83\&>;/29%3,[(.+3-NP!LK;-N$VN+K
M%IU4UF"<703COTHS[Y:*<T;!5'^QAE#>U*4O"5TO9.->ZR;>596-#]&_^9.>
M7\\KQ?HSR+Z2C+K\0;RE?/9$@1>;+>EMV@(7BXWPZOKN46/U6EP%C@BSQ;<O
M*757UDY,Y;S<DS*?X#%ID64M46>+;_:\$/Z4MFA=+VE@STV\S="[)`M!.=>I
M3Q>+W>TV25U(UR9=UGA5&U@;D98JN@*QOG!"4O#IZ5=).J^<^6>RC*S`>&J8
ME5MM'41<0W3"0-?$-N(JI$[`EZFC33]&]?HNHOZ"K86C.'MC!(][W[@GL*./
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M5*>WC6$S[^DRR)ZOH^2G`RS"S[C$Y"#=7_N+EO`Y"-:*)F]&]3JD=3X>0P)Z
M&,_NDBBT^>9*[R/N\'S/R+2(OL*>0_VU8/Q\"0_-EQ<U2WYF;E`J?KH1=KC^
MK]+4<D)MA?P*TMPLBE%Y?B<H5F?*MR0>;R2$_G%SQ<S==036E`P#GJS<MOI%
M]?>8E&^JE_]]3UY)7)#E\0-WZ*7U!V<Q!"_KC#A;N1%VJ&C"AWLR@R>XL&73
M[WP.7T.ZJT\L7A)I?L<("_/*<C1=WPI<+.Y("O%H:E".IJLKWO(&_R))_JK^
M:T%M3@+WO</K)#VOWK$629$]_B31*[FE__U,IPF3R2B%*#=I>K7DGW`#;K/C
M^]^*^1-)1].=./_YSR"=9%_*B%/C=Y>2*P8=$JSAWKC'.(?\,BJL,(,]KJQ9
M4.7?-]TM+'S9"*^.=[=^P%[[;Q#OIC\O!;:\#)]0"9;O\78BCE#K(<D!6Q"M
M'<,J'1<R::)P'L;+VA7G<YAA[?-<[IP7QKRF?_%#PQO#B]Q`UG=0<V%9<R.9
MACDL'#"T;-YZ:GW#`(/,\=HO+@$"=NSMB3_:".4WJC=9J075=U<1_C4!UL!I
M?,L$4ST)[]V7N?\@F-$)H7?TP*&'+<DAR=N<\;K?L85E]9=4=>M+C/(0?4ZB
M"4FSJW\7=-.R(@W53[4+S8[\&G_7.NBMT(Q=7#M3NR7=H7Q$WUF!"M)QC6OY
MQTUHJPJ#89S_/@GGOR]_\WL0*1#+*8%8ERJ$2HO#$D0Y6U.2Z)^K`_G7"9D&
M191;))`QMT5R$RA$X(;:Y=2-B2WG^75.P"&Q2>GVO$W)?*84I>/BB?RZ8H%%
M8IFSKTBFBA'&99+D5SKWUE?)&S6()V12?Q=H;68]+#]:?CA*QEM?BZ!<2)(R
M098`,S+^;9:\_CXA(05Z<`A_@$WE\-=/!\NJI_\W_:L?7\DLB,J(UN+\+5QM
MLE'P1*)__/*U^LP/QB]_##Z=K#GCELCJJY^WEA"#PLV?4?).=\A;"^\\W2:4
MJE8][5++S)?V-$WF"HQ;?CZ1(8`R`^FRQB]F9I\U)6\:9$\EHXOLUUD0O%0T
MDBC/ZK_9)7;YUUOG8D75ZL$<+W1+'<_;K6UN!Z"-J7\,#G9E9ED#6?OUOOKM
M"VI?]^SA[8B^'ASXTU<F)Q=W:0BW"1<DIDI"G=1TH:2A>I-1X`-\.@G"X.ND
M"<*E%@Z::Z&YF)=70$]9^?Y((L;M'_\8##SNI_7MSCT9D["L=G&>7P9INBAW
M@:@@$BS2\3\&A]YW1A'C^;JH"&VI?J>=5;]#C]OCYV7YY/*^?'$^_G<15N^2
MX!4CST!5&TR!>=_^1"SG*YX*KJ76G757ZPY-"&=>B?#RG#D4B890NH[0*LTA
M2VGD:&HK[5-W=67H\X!,7DA*;9`H*.MX0C"T[&+PC<A@B(924,=H%6TH/A9E
MJ&J%L^`7^%*XQM$.<\++.O,501M=/RZ+%,*]$AS"L126XRA)`Y5C1DDT8-4Z
MUUTOX-"C%U!;'(_!6T761B:;?)^3C/XQ.$+K`1P*/0`E8+7F'796\XX\'J^0
M;"Z+R]&?4"+1'I='PN-R37VM*,?=512/Q^)V[9%U]J$$`F\8!8/V,#P2'H9B
M1+62G717R3R>@^5#KG6\9Y7+NL[KE("13_!C,$1[&AX)3T-5;+4*=C<B-C2*
MB#%C$\"T>_)2I./G(-ML="0(3G#'4,K0AK2&S)"6`IQ:7;H;RCKP:#_M5NE:
MGP?P4$7):529@H)$:W\=".TO=73V;C-]Z:%'\^PQ#>#B6-DNV_L])1^M078@
M-,@X4#I_+7G@T1#CK]J[B$QF9'*>7281O#)(UTF6VOL;8ZX?@P%:\^Q`:)X9
MP%RJ:'<C%P./5Y=\?JO%:J7C*3RTUMY`>(&I"&VI?D?=53^C.TR+UP0;KS-5
M;@8V?DZ)1WO1.6!>=(J1+'5IV%U=\NA$J*O1-M_1N@0#H4NP!V*I/-T-S`X\
M6OX0X(:*<O1_X"KXE>[W4'Y**XM,:0X*$ZV',!!Z"!KPEJK8X?`M@FRRU7V=
MP=UE=:^'UO`Z4LH<VT=3!S>Z:VP=^3:V*H+4,S`HR6A-K".YB;4)HM:>[II7
M0X_:HZ0X-;N':'5F*-293?KKT)?7C,/-?J[0GRD9_[7UGEE1D52G^3$X]7CR
M;=RJE(UERB)D)![+`[&"D102FG-03PP"4TP&%T/8MG75'7KT'S:IU,>UAH#&
M-]!C.U]5N3`Q7%39DIK'.X:=@G:RC7+WYS\&QVAN"KB\Y6L7&TZ/5.O8XW&\
M*IX%3:.AFE9YV%1_V"W7I8A-92H*&N6!O243^8:G#A7;8=U$73W&?V_)A&X!
M4+^OK*(E(7_GUY1T-'%@+F?Y2L=$@^%FRI)>G2#8!J&[R'3O_88Z&L9@"@SW
M5G>BM-6)P&$(!=M20H^;6[FL[X*%X$4HZZ>4:-S;VHEP6]N'@N'%L"UU,G)7
MF?FY2Q9-DS2"].8Z2W7"(4LTA-*%T@?=8MN^QL@AH7A`;,O,\A@'ODC2-/D)
M5=&_QY2CJS9GD_6%]+K+O`2<UEP4-IJH,E<J_+W,`"N&S#9;&NLS-K<LZ_V9
M/.7*^>3L010([MWQ6!R,$X#"D'MD2]F\/D*N6T-MD":]OF>,H:<6[LC<L>35
M,1<3AD0E6S:<[^M\=27;_3DE'O=Q>B*_W=^#@Z&,E2W5\OF"5%FKMB1PBGO#
M.A$_#-U%@J(`3/OW_QYWM'VZ;N)E+<^[)"W5**^:]X"?]YA47:QRJAR4E%E=
M;5&1)78_1AF'<C>5"YN_(EQP"(-+TVDU.S,Z%MA1HW29:%DU,IH^%$]9.('"
MI%1MV'2(TJ";3/GC\!.:L\.%Q#@!JT;<PF#K='DI'7[R>*ED!TLK#*.,0G-)
MY4(%7!^`%?\P7%QT>;4.3KV6S]S<J!4K2N^.H!#0W,6Y$`Y_'7&9@2%1J]N+
MPN>3N60^3V+E%;'[<TH\FE"Z"['PEP.;$QBRP+J]%GQ6^IA,2KT-HKL@G-S$
ME\%+F,MK>K!'49>AM\[0J;CZAX@A'Z&#IHZH1W_G'KJ6QNN.ZN?C<3$OR@:[
MG\MV*#)FR">@`/OJIY2BXR\;5=Y@2`CM]@KR^?YR+=3R[HO3\O@;R4?3Q^!-
M=O3HS4:AHPEONQ"JX$@R812&7(IN+S2/SOYC2H*L2!?*GLW^``J@MZ[^F=#5
MY_$"0\Y'MU>$1T]_'XLV>`J@M][^F=#;Y_$"V\.(-K(+#C]Y-*!D5#8$2<&A
M,9'T!**4$R/`C,.M6#:G_DH=H1OZ1UGBTOZ`'X,#[^553(O<HM$\'EL%!C8#
M"XY[`0L:-?1HQ[9??P.1S<L6A?E.MXT21ZR^N7[Z;$FX(N=1X4WC]H]_..XZ
M&$21MGZ)VPTRZ%_JT*_E)@>D3/*_@YE)WO*KJ/SM/W[)R&Q>/559_GN49&3R
MCU_R%)S2+DIN\*FQRJEV6?]*9D%4M=X^?PMYJX/Q2TJD6_UZIB/3<?%$?J5_
M"Y&D)%;4MPTF[BL;%PKK./VOW]>8J!;_5?_U]M]N0:6:2>+)^E7I%MB?/W_^
M-G\*@]_&R?SW$N6*Z,LDSI(HG$`,[2*(H,7KPS.AA_Y=`,^/GDD>CH/H%^1*
M<=B\I9,JD9N]Y@44;K6D/W3=D*G6U%\G6W1M*RR7<6QMW4=@S_)SRVRO5?+6
MRZFBZNIM&;[X(TA#V"'J&$7YS]2D^>/FZG;+;.+F:)A/39GB_?J-+2A1)D93
MO%W15X^>+9.3B[LTG`?IXH+$Y0TE_:.2ANI-1H%[]XS9PN#KI`G"_O@C*)N0
MG<\A+/P?,KE,I#G7BK-0J)B]Y4.QMZP%LB_!G$.S^J+,IS<;S1L8?8U4]$US
M%DH]HOL7-F_W]<T(9'\V0Y2MRQZ>*<>AB,2&8.QLD-*9?QSB*5;*$YC)IJD(
M'$<"I`7%]EG4E-=X>M4(6()'.I["\^X'R9C/5U)%>'VY\COT64D+JO#<Q%F>
M%D"4J@)R1E$HWET=&:/Y:B<$A2.;SH:RH>B.-OH94QM*6=_X`RD@U#Z,N&2N
M#!>.C#4;6N<Q<VPK$_TE)>,P`.6@?XY(J27Q9&GHE']_ER8O),T7=U$0Y_3?
MX.[U9:[0A=329RBS4'M)XNIN=KF`(3_-COY[=*,V"]BN]I?/8087N46J4\F7
M,?K'(9X*<3S&\[55"1R.&A<6E-!G`?/MY]=W03I*2Q(G)<OO2/KP'$AU46T2
M"A2U\R.N9ZZ#$4<]!QN:Z=$#VF9XR=WLO,B?DQ0B'UH:N3N8`D/M#XFK&ZI@
M0U'0VHX*HBGM47%Z5.19'L1P#6R@@QNC*334'I*X^KX2N%H+NQ]N-ZO';[V6
MAN'YK#`#A8C:NV%7]M<&6&MD]^/D/DO`;K!;\UP6C/QQB*=$+(_A2AK(!H:B
M/;45S3/K`LN\ZE9\0%TW_:[^AO^`O<F4%!=J[X3=]+4YXEHONQ_+]%F=>.MI
M<[4!2!`P1E`(J-T2<45@+J!:P[H?+?199G#O@+G)LD+_O*U&42BH?0]QR4`A
MJ%K;NG\CZ+-^'\N]4U(X_D`*"+6'(:[+)\.%HB&`';7SZ%@T>O?GN#">T<,_
M<4D[%H+W^?3OL'G]N19>>3FN(=?TZ=\ANQ(<%PJBIW^KO\Q&TQ'E0GD)G6%_
M]C<<-'8Y7+[L&0X<NQ/&S_Y*QK$U=1]!-YY1#0=>G0.<S_Z&`^]N!EM0(N>B
M*=ZNZ*M']\+GL[_AP+L;PA8&7R=-$&)XZ5*&(Q^?@_B1S%^2E%)X,W\)PK0T
MDI,LHR[4QJ,&M9(S1G/^&/I\/*A'<OT29)JDV=9+$*N,X7Z%LLK[GFU!UOS%
M9)5/&-XO8EIE'L\4+9*7M1QO8M&-R05('6Y*C$I`MK*.?>*@XO9^DEK05TL[
MA7])?)SXV[+U&,<TT9Q[,DYF,20,W,1UL?YOQ"ISQ%_Z,<3S@K:!S.VN9R&O
M^O+H=CCPN%;NR2N)"^5^V+L__S$\1*.U/-;R59*-!H-5V5PL?E\US,-BGL&*
M)1.Z7B\6%T5&A9*IXE&8@4)$DS'$9K_P.E,-'@95;$N:?A\[;!-X'<9!/`Z#
MZ$L1I`&U`*D5F14IU$>\!-.04BS;Z(WFI&Q`DX.D+#4-/5?GP7O2?*/@&#.C
M\YY,B_(%P/:'!0F;G!&4*C1Q*&4F[BNB%"$&KZTM-?.;T+1-H"X@2CZ::(<R
MMS4VQ@H?!H^FN>7I\U$WR==.9!7XD=#/&/%C>(3&IV&SEZ]87#@8-KK&JG5D
M[^W#-2G;"=R3</Y4I%F5_2(X)YF_IQ0A]D&.N&\6!&!ZL04=>?0EOE"!03AK
M%'\F:?@:Y&4(NJZ?!-$KNOGGP9LB.-WI*'@T'@1;,/S-RPPKAH)G_H5NTX<(
M(HBX`A%9%9BE>T49O7T@>1XM$P7CTG.#>C8UA:+MTWQ2B@V-)V(F%YY;THPC
M&!QD_VKOT:?Y'J<;(MRE6Q8>DHRFT-#X.V9BX6_S2M`QV*O^U=NC*Z5*K270
M/X:NNZ0X57BA4Z;'@UY8X&9=6)CV"&7/QADYBE<QY`T6;I2(I(?H=9*2<!9?
MO8V?@WC&BP!8F9LB1>P!LENL6`2.H?YK<UWUZ"UBRMA![#>*^[(T`(RAE&QC
M!?99M'UK%[EZR\-X5H39,[!Z-(7:T0KV@7`\A8=XAQ67;%<$AZ&>:W,E]+V+
M*H7[-WY)24:\XXF+LN_!P%"-M;D*>7PE4E.C2#0E%DU4BLU(OO)L8^A+M=2A
MSV+JRT?3\>SJ[87$F?(:X(ZC<-#$?WC,%FQ/8E@88CLN).8Q6G.71.%X4?5%
MKYXDYA!.OHR"<$ZMWW$!Q5,4\BX4I_DQQ%/?7"(1OI;J@<40;W>@M#ZKG]<U
M\2I!G(__38WC4H.@L=9F/X0EV1*4NM-1\&@\"XF$^$IL!KJG.[#/@NE[9.G"
MH.2C\4<D/-8X^2M4&&+:+O3-:]>H934"I;UQY]>4=#3NBX2_?%UC8L*0#>)"
MTSPZ-[5MM$I24-SAN.,H'#3.C83G?.V3H,-P,^)"#SWZ..N'W-=4E/!>)(P+
M2N6Z8EGUP'M58IED5V^4;BJ*,(9+`7!=V8^[I;NGLR__&.*INRZ1NV@G=LP?
M#-<T#E:362UWFZN)RF))UG(_4UH)>Z,HE"ZX4NPJ[DK8,-S1N-!`CQY3^5:A
MWC@D$+9^2\GN@J<D+MC.0(3A$L=**-YGI?:Z3$3=>49QC?"&43!H/"4>J_E*
M)D:%P2NW+RZ/GM(N51=!%HXUD91C*`PT'I*8U>JZMP$,0RS=ON)Y=(UVJ?H<
M1D4N[1;`&?5CZ+B6NQWE$WHD0F@8HM]6SMGF9=O-`?Q)PMDS9>GY*S6`9N1;
M`<(<3?=Z$2JN*]WI*'@T'@=/-'SU-$.+(;;I7^P>/195:E7.?:VY*&PT'H^9
MR)JOA0U&8+`?_"\$CTX6A]KE*:O;JE=S-@H=C4MF)C;MQ2!F15_LF:,#CWM[
MD_XY1P=N=V>3YD<E,_F*QD+P/IL?#0<=:'XT'+BU=ILV/RJ9N*]M7"CHFQ_=
MT9TVSI])'HZ#"'LGI..#QD$OE\U.C@\<![.,.R&5C&.K[3Z";G26.3[PVIH<
M9R>DXX'WB!9;4/P#NCG>CNAK\^.WFYV0CAT?Z48ZR3[&FR#LBW-R[+-CUR6A
M1HY235?!"`H!S:42C\&"_9`'"$,PR(J"?>IHZ]_C`WRM?TMF*GN_)8+WZ?T>
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M5'MZ(\WWZ&K34WB>Q*58JKRKFRPKY'%W]B@*!4T")X_1HKM(`2@,L2([RN;1
M&*9F8%7'1U??^`,I(#0&+X_=?)63X<+P=LV&UIU^\GVX5US]7*1PTI`T3"9E
MR>_ZS1:9@#M";<HR+TKE(->:D#(`\Z%=BD=R:!O@Q5#/P([V>LW893*_VBML
MJJ]H1LH"S`=[*2!M_94#QE`.P8X">SST'U,29$6Z**50]5F`^GTI,#S+;TG^
MG,B.?Y4I*$C,AD`I`KZ*JB/L2_F$TT\>,XVVV%WM`S6_=51Q>R2%A#GSJ&2X
MH@:R@/6EA/:ISPRDVS!.TC+J444R/I,Q\)U`1:E[,B'SES(O7X)*<98?IXYS
MEIHJI/!J3`MD'0OZU'GM/+#74TJ1@]5BYY"J/0]%@-K5.>!VBS*`6:M=YV.0
MISX?)>XROC+/;^**_;48-/=$]B04*&I'1OR<40=CK9H]B%AZ/*_+%C3@&*;D
M&6X<7\FZG-DWDH^FC\$;\^*B>EDG0=MP=GJ"8C[?2\'QE=D*>`P%:.THN4=O
MR+Q$X<D99H^G9"I?`1E0,-2>L:)./ML$-<ES.7'<$,CDE<6)N`T0"\'[?&5Q
MXK/-RHJ6*JT`#I8DAO?N"FF\PK$4%NZJ!"?BWBD*X%!E4CB0GT??9H<BI7Q7
MYA@*`]/#`P66\U52`!"#*MJ4F<=S>#NY0"G-F#6$@D!CY`FXS-<V/B@,23TV
ME<W(46:&#K=Y-IH^%$]9.(%7[^?QA)V4)U2P1G/^.,'3/4+`>G94L2%J#!E`
M-E749_99&3=0VP<W?DJ)1G.Q+."J8/_;`X/AD#66AL]V(ALIHHKE?'9^3\E'
M<SNRSU:^#G&`=%N1/+H%YY-)*?(@N@O"R4U\&;R$>1`IH1".I;#07'#LLYNO
M8`J@,%AKYLKFM0!%3D5&)G6Y>"7RV8,H$#2'X3Z#^>HE0H/!Q#+7*X\.YOEX
M7,R+"-ZG\2YSU#8TU7DH7#2NZ+X8!)N;'D`,MQ#F"NGQMG8KATV)=L:('R=X
M&H/LLY:O9%PHK#M2U,]8+5:E]9Q5,_1J8OZKR/*RY.]CPC&OH`W@=$K&.>0X
M&3TFL/05RBHT9BM/D"+CU2(3,/A4=I3?R.1EAB,W]Q!>75C*8$'P47$&2C4:
M^Y;'4W:<40L@!E?*CHX9F;],'?M,QHVU3'D.2CD:2Y;'5[:>:4+$X%Q9T;2C
MCG;M.#W"U[6C9";_.&4A>)\9-:='&/*XK&=DG!ZYW?R:9M24;%?03SXX5$:<
M`_GY[`)J[3;R=-A:G<'&&34ER_DJ*0#8<U4<]D,5CU&5O%3@N;8N'B/119O[
MA\>K:-,`[>D0S06T@*M\[=H'XZ=,WT6147LVRSZ35Q(E+V7PYSR>W(?97_"_
MW^,Q2>'.";RA;T$*#;=>R6>XAO(6TKP-_I6DC_0KV6CZF3SEE,Q*!`]D7*2E
MWZ:P'RO.\N/@T.<C!`4JE5:^\CR`%T,#,#,Q\=>;+@,P;/$M*_K1L<=SP(.B
M'QT[/D+TC!4].5G1])(#'=%T^]N<S]9[0?:LEGFW^B&E^`3-A:XNG_G:N@?P
MO:JCV:,S=L$,:N'=Q.,'$H=)^BW)B3A52C0$"$-C:.NRDQWYET"U=Z?DOE(Y
MI;BU>NI7!NTB*7T8'GOQ6;>O(1P,[;?G;*`51\V#24ZUX@A'E(C/.Q6U.+(;
M"'*\#.T]J3K/,I)_#8.G,"K;B98M+S*5)B"*HRFY_M])<7C(/E'40=F[1G:K
M+V9IWDQ]^194643_3**)-&N;/P"(\I[2PN$46RN$..S5%':L"/824Y9VUV,B
M>R#"_C$0XSW7A,,AH:&YC\%>/5['PK=W:EP6^<\@)ZGR+L`>0(GRG]7,X11;
M"80X[!7!=:L(9IT]F(KPD(Q#DI,9B4D:1.*'%=S?`TG>\VPY?&*K@0B&Q:*?
MCM7`7HCB(HC_&DW/YR0-QX%4"1B_!G*\!R8X/&*K`!^$O9+$CKT(Z\;`EVH]
M7";I2Y+2;?*NH'_(U.-5XO%`,D:3@5WG0Q=6^X$J0ZVQYTLLV:.J'6MV8?0<
MV-4.>.1W)=)@5M:`*VU8`DKB7O\0B,!X,K`K$W#IM_=ZTK'`[=F&M<>L'")8
M,PRC-<BN%,"E'T,-V#H;J&R9D-4)1DJ/#41#*4*S5U26TC;'SV121&0T91"9
M72PV_DLIN5US.D#O]@"2/EY0$,Z^IC;$V^&G#O[UQ6=OC[;3Z]P&=/0?49B)
MB[]^]%B!(?_!_P(XMF=50,VG(B>3JS?J0Q4I$2@O[^=`$+:>X&8\Y00I^9B;
MW5@Y%(A9`U@E@H0F,'\`$.78T51*=Y`P34T%MB`UVY/<*<&1Q7?3UI3@R/63
M:+7L!@G7]+3@:-@X)=KURK.G">6%W>Z'I#ZI8!20YST.*>4>6R/DL'"KA=5:
MPJ]A4F31XIZ\)&E>%CW1TQ'5*>B"\]\21\I7ML)H8D11PL._N>LS.E(\9>3?
M!;R2?(6GX_1[*L]9V:,`BUL;J!5+61P/$4+'4/7.LDB/O+:]WZ=**?>>.P[P
MM/;P1^7!O)#M6FJX!1!%(,&%\'Q6L-FF2^D)#W,,X/!^9Z'*;64=W,*&0O_\
MG^R-M\XVGI$X?@G9RIG-W"SY<#$8GLZNVXX^>30HOQ6P"XRF(RKT(`_CV3(3
M7MJ3D3<.\'C/X-!@/'^_E$'$L&<Z5$J/A10^AQGU/H/H<Y"3`PF,K=\"W=Z#
M-QH,YBL?"U;/=T&/UZ@/Y)6N\7A,+I,LSV0JM_-K2ON!]P"0!I,%%B(3&(9R
MFN[4[L!>#MP_23`9)T6<WQ-X5$8_=$<M*7IB!#.>L2H;!@1ZSX_3X"0[S*B`
M$$,DQJ&2>72#;^8O09A6!?#O"36N,RBT)L'#'@1(T#C""BSG[W1"?+U.[CLZ
M\.AM?*74S,I\R@>2YU5BV=4;%*.7*:1@)&#JBL=Q(/0XY"#M/45%J9I>.]<F
M8T(F&;1**(,0:Q'(4(F&`JJN>"0'DI:V4I3VWLJBU$Z/#@JD(M[$69X6P.^Z
M\OT]/;/*LJD3J:&I/Q%%/.B*6W,@=&NT,=M[ZHM1CP?V/)X_H<AHG#^2="YP
M<#9^!9_OBC\SX/HS^X#LO0I%J3$>W9?+*,BRT73)\E%Z'\Z>\U&14X,]AD?Z
M$F2RX8"N*R[-0.C2*"*U^(`=I:IZ]&Z8$KAZHZ=+F)&[-!R3U3]FRW^5H369
M$KC0%7]H(/2'&J"OU;RGMS,#>QFT:S/^SS!_3HK\+B7_*B:4N9)C73P0B.R*
MXS/@9M0J8:QUK:<7,P./?@_0,9I>IF02YM?!N*S9=AN\A?-B?I&D:?*3'FR7
MP0O]EWPAC2"I3T51'W;%]QD(?1\#U+4Z]_3"Y]!C?B1+&N=SN!E1MVB5Y@"<
M7?&S#H69DSIP:\WMZ2W2H<7*7O":E4SNR6L2O<(64/+W?):2JB69[.27C@9R
MN^)7'?(K@2D#K56OIY=&A_9KC"YY^S4)1(^%&+\&<KKBWQQ**X[N`ZM5J:>7
M/(?V7)<Z0^^>9'1]DLEYFH?CB$`:2YPOKL`?O(O*?DC3J>C!JM8\`*$KCLTA
MU[$Q@5PK9D_O=PX]]QCY'+Z&$Q)/,NCA_IA43<>@4UD0+RX6F[VV(9,_G(1!
M&A)I`,EX8LJ1HZ[X0(?2MB6->%`K?D\OA([L70A]#>D7)F6-==&&N_DS(*`K
MKLH1]TJ(@:C6FIY>"IDU)V=JS3V)2)`1R"QX#-X>GNG:BV<K*_LJHV+\>3XN
M,P@%2J4Q"Y#?%>^$W;?<#'"=0=[3RY\CBV5FJ/$SOPL6HOR?O=\!"5WQ3([X
MU648D&K%Z>EUBEG+>V$YC"]IDF4W,=106!53$.F18!@0V!6/@]W%7A%AK64]
MO4@QZV#/;NPSH]O\C)JKY6*MXJ$"[6+]'`H%=<6^9S>BER"KM:FG]Q@^&X%_
M*0*X="=D]!0M,Y:SY:V29*_3F`$P=L4Q$/</5P=;ZVQ/;S"&-BM%QM1-+U_F
M)O%UDM9Y(#=95E`GGAK#W-B(ZG`@N"M>PE!0+U(9::U]/;W$,"MK;:!]TO-8
M93@0W!5G@EV36A-IK7U;]Q[_]?L:,_WB7_5?;__M%BO(6T[B"9G4)&TQX^?/
MG[]1NH+?QLG\]Y(+G\-L')5[\!_4@88"%76&>%F&(B390S&?!^EB-/V6Q..-
M2.$?-U=9%?$YCR=U2T'H:TOR((Q^L5)()(Q?*275ZJG^O+MNJK_]<5/^#_AL
M@H(BS-_^.!B:7>]9HE=89(CS:Z`90_E6$4/W%X08C/VN(2T*P^/=R3V!'8:N
MU2"Z3=)\%LS(13#^BYYMJY+=2K6?E.>A>/W?C(AEP;=%=5':[US4GE9:#%'#
M.5;,25KN]Q7#Y&T1>6.`-.^&I9AM_--<A,A^'YP6E<6F=;CL!::G+;Q!0)QW
M2U#,.)ZZ2"#9>VGO05_LQ8R_1,E3$#WD:3'.(2QZ'<90A46J,L)Q0*+WJ+&8
M?6RM44%EOR5SBXIC+PQ<L>JN>(K"L9[2,,90TOP'A,5L$RD,'Y']%L[M*8M9
ME)=?*K^\>%'2$];/@2#O(5DQL]@J(@!COZ]SB]KA\V%N$D70+#N(PO]4^:N;
MT6T5ATMA!L"(V%)F1UWU\=EO*MSB<>;Q'@KNE.$U:$//7W4:0(MX^V-GIQF"
MM%?UST,TRF,=H>U%#Z5'FFV+S!D`(V+;GIUVKH\/0X5=YJ7`0O5&2C*:XO3Y
MNG8MNG\F$;RCRU0*JW-&@<S<N@_2SJEJW.9KIAA9=WND6I=S8[.SY>LM9/T@
MQ9Q5N#?:P/4>]DBSSH$NL57_=YG#\S7)LE77/M'5?Z,Y@0_>SWP]F?%WVB8<
MP%`&W;G&H[`*9#@V?DEI=MP;VJYV*MH!-2X,-=!=ZUSS[C=-JJ^2>5C,LWLR
M)N$KT'F>7P9INJ"'XQ]!5,AL%>EXP.?===>3!5\_5=%B**KN7&OMW?&OXL-P
M]%#>)M`-@6\GBX8`8=[CEGI,9`?.)0`QE$IWKF$>2PI^CTF0QF12KW@)F-V?
M`_7>,P?T.,W?]3C@,)1$=ZZ"'AV@.K%U<9VDY2,;R'9=_F'RKZ*RDU2+^*M/
M!:@[Y.X<"]T=`^`8:JD[5VNO%=53:CKEX2O9R-R6(&*.H3A..N3Y'$M*I?,1
M8JB*[MSO]GC6LZG;>7-0F_E51$18:*/QO,"/#ED/[$<HMKCP'N*L)QXC`(]I
M,"E[;-:WT1(T>[\'^CODX9\(/7P>.E:B"(8G4M_@61<<&YU[^W3<O+E!ZPD.
MQZY;%C1Y^W3,;E,@!M/AMT_'9BT'F!&H*GLUA%1%NK[F!,J0+:29FH)10)[W
M(US,.G;<28ZITRJ#)D')6=[FL?_J_V+^\P]?=7QHKR+ID7RQ*-MGA--P7%(^
MFE9&B."(;#(E<,1G`<T=PM@&F'"YFDQ%4;MN%*!T%EN0G&`]Z#,$K;?D96'X
MC"KX6QBN8P?KA4&F01'E3E:&.*A@P!$,*\/C9FGOMI8;T+E+0RC7<4%BJF]C
M)0M:>RZ`@N9^UT`&;*/;E`T8S""/.NTQ:L8F37,%F$T&R-'$VPQ$IALJEO`!
MP[Y>MK,%1Z<NU_10I:-G"J:-<"Q@]&C#+$E16KQ;OP6Z,90)TF$R7R]9T%"H
M71/QV*NB<#YY#;,D73R0]#4<2Y[^\0<`4=Y#%R)VL<]N(1@,6N+X\NKXP.-;
MZ(?Q,YD4$>$</-3-4'EPHS@+8'5K>S9_:%5*0["3:2'M[L.KUO6B<02NY;LW
MM[$S[8=9>IQ6N.3:P(G!26I;'P<>72.7QO#`K>/C4&\'0L]'!3>&IS"M[ZO8
M'B!Z"6,?N#6+7>[6^H\1U=CQ'@QKG[5=$>9$'ONO_:HG.]U`ESH7WH/V^RQO
MQ*;NTH7JRR8%3J")]JI)35?O%5F`P8YWKO0>8RFZPE%_OM%@9N`)FOL^-?G9
M4_]]/F#P`9RO`8\7'A:2X8_]EXS6XS5?7WGHWL'S]F.+5:;KEM\\=V=S`Q#<
MFNA,`P#0W*6H,9M]NV(`^AT\C3\V*V5MZP'GVDNARO2%JL$HA2H%2B68)*,A
M6:M#;AZ[-K8>UG?PCO[89\]$-G4WH%%!=,D6D!%@\93`A0XY<N+&B@T8\`[>
MUQ];;+<H.P`W]YA&YL/V1`"B0WX7OPNC$6S6B_LV7WN69T0\*?]GMTS%/<E(
M^KK1'.\R)9,POYF_!&%:WAG=$WA%,WE,UD4%[+X3-5]XM\&_DO21?B4;3:$`
M,05Y]>^""G/M8RA<HRC.\N/@Q.?]D0*52IE;RO,`7L=&OU;2G9Z8^(>-+@,P
M1,>]"-]>?YMUS?I[$D17&5Q/FQ=8;S`CA>4X5T7C'-(5!OM$:L8)^Z]O)R2L
M])K^85>=Z5_]^$IFE$S9%3?CET!Q8[M?E4J%9P:[/P/Z'%OD2OLEGW7["L3!
MT+Y6&/+;WI/]6VH[??]+NN]L_@P(\!Z<Y7"%O5<PJ+??%]21J.WY0,`%:&FH
M).SU#X$([SX,AS-\<>_1C\&<N0_B&5&PS%>_`]KM1=#+:84*N/,K^#PF4WB7
M+VSQ[P/HJNS-RJA;D[WKBNAZ+Z!W&:,B_./&IIZ]A>3QKN&62FU>S)5>46[]
MEM+MNCZ$?.]G\U+@Z#(0(%$"GV]MEWTIU)1@\[=`M_>0.YN7HFC'/H)F-A]3
M"51"C+*`N/8\`,>>60CQ4KA'NZ>>,R,,*B!:,A+(]&XXFC*7?;JH(7:PV7C3
M,WN>9GV%L.Z,?3E_RB",4^15A$;AVH4_&(CU[I6:LEA\Z2(%W:>-S6);^G2C
M!5/%-3(9Q<##LBT$1`A7-SL""%KS``3O*4.FC&>KH0G^9AF6N#32GA,&M?@N
M@@CZD=R3UY#\?*0_SIZ32'3CS!]$B?/_F,.4I6Q=DX)MEC2)2K%\/LV`NQ&Z
M>.G!`D1>)O$K2?/P*2+5'\$KOX<CYH"#5WL>P(O"B3"1$M_-T,7?+*L2E_K:
M<T'NTN0E#4D>I(L[DDZ3=`X;P.<@#^@Q`WD<02Q.B]2;!(COI&/"?A=A!+Y9
MNB0N1;3OH]R3%WKLT,^61LUE\IRD.35V6'?.&YR_328DN@@RL(Y@8UC6LKDL
MFX[-2+D14&`P@NX2"[@"5W!Y6J,%6-E)#XK]_,(G#YME9^):738K7$U*52I9
M'<[+EUH[(93*K5#SRTRF`T"==,_X;SL:L*%92R1<:FK/2SN?S5(RHWR\>?S<
M2#]UYH%+K4[Z<NRW&Z;X60UB.JJ19H\UV'F$E%</A)XZ97+<U=N8D`E=Y<G\
M)2)YF>9,SS)Z!%'Y@C,"II\(B<ET`*B3_AO[!49#-M01_D]]T%.+?APUIL#(
MFI'1%+X_BK^&_RZ63UA$KIMH')#826^-_YI"!6^M8GVX13)K(,!.8JON=4N'
M]L\P?^;9Y:+T-L4I@/!.^D/LHO\&T&L=[,/%TM#C&Y:[)`K'"XABD[0JP)VO
M.^C>Q.,BI>;1-R)[]*LZ#:#MI),S%#Y@T81?*V\?[J`^V7/"53XMJCZH-0>0
M[E83N;5^3=G,NY?20^RCYB\*<?LL8]WZLTBW9JER04D3&?&W63W\GE)/K*IL
MXTI);;P!.W!KBKI3-J8QRL?H*7/$JD)YO-@W>69P@*0<M`F?^?O8+D)65B:V
M:@3WMQ</]9^Q]*0VZQ%[ZK-IX&T1A^/P)8@NDGBBUA26-010>`\`B#DL.,;Y
M@#`\AT)3%OS49V#`6]>W4]<!@A;:OIZ*PP4&#,&P,#RJ!+I"Z2TU`CQU_=#1
M52/`4_8[R$9\P+`&'HJGC/R[`/OHE?X?<$95NIZP1U%<)S[[N.Q3I=9ICC<.
M\&"HMZ'&=KYVR@#V4!'/3ONEB&>GK2FBR@MQ,=^--+%$B%03FV\C]F[^_U<1
MD\>?R>-S4F1!/'G\2:)7\IA\2U[+LV7OGZ0U2,PF!%#><P546<^^:6@$O+>:
M:C'%F\?(Q^26"OGY\3E,\\5UF&;YQD^NDR+-"8FE>FMC>@#L/>Z@*A:V%EMD
M`X:&)4YTVMZ=[F<RYG-[L?FWP'85-3:<$6!YSSQ093Y;<YLAQ]!9Q(FRVDNO
MWEC_H^VC;LG0QZ0\`\M?F&S!=CY`09^B"0O(1,-69:N,P-"MQ(5FF[ED`LUF
ML?F\F!5;)YWR1FP\)T#SGK"M*@"1_IICQ]#"Q(G*VO/;'LA+7AUWNYN`K=W8
MTA<`=B<\NU.N9V>7$QCZG3A1;GNNWJXKO>(RRSM1W9#-)P5PG7#K3KEN76/P
M&-J6.-%:!\Z<0Q/9VC<`>B<<OE.YPV>)%\T>U7K+`CL]]5IL]O2LM6*S>H6&
M2[ZP-6<?`(XRHZ=G/LN,FM>:/3WS[K"P><F_.F(AP*($7C/QC6O-GIYY-_/9
MO!0H`0,!BJ@UU#.!E,&+(@MCDF4/U8L3E5<0PK&`T6-ZYY(4-:-M\[=`MV,+
M7"]U0H')@FMK!C04%X!-Q&//CBXOE[Z&)-Y,JI9:QH)10!X>6Y?!.+:5(D?4
M<:4Y^V0S'C9.XDG-K?K%TW\4NW,IC`9RO1]P(D;R8E>JR%#<$S39@2RZ0?,G
M>/'Q3T*'P$-EA>V'-P28B^<VBL$RCH<DAH/"2&JR\=B[._K^<%<\1>'X.HRA
MT$Q96!G^(-48\4`@TKM3)6(?6V^40*&X:Z\MN(<QB8,T3'1,Z\TQ@,FG2;TD
MY7N<O9!Q.`W)1&U%\,8!'I2F-H/I`A-;`@^%Y611!<W2//"JH.L,#LW\9`'7
MS73P%,N##1?;A\=W>35=UTE*QD&6*P6RV(,`"1ZO4<)ON18RP?6GX<V9Q88W
ME\]!.B.3T70*];;NJ0?U2M+%'T%4B`H-"$8!>=XOD$V9RC;TY&C[4S'_S&)O
MF\^$_@*N.L=0[SU,)FM&CN)':BMGP1B4XJ%:YN.+(`NSS\%"V,[+=$Z`YGV+
M,Q4(6R^;\J(_Y?7/+/9Y.,^R8DXF]TD400<U>I:4E0@%Q')&`%G>HVBFS&1K
MG!AI?^HBGUELU[!91[5FW&,"E#QPBRE*QP&)G3QE^6T05/#VJ*3QF<6>!;NE
M>L^G.4D_DS$=%\:ST2NDO-%_7T`JT&T2Y\_5<:&H?!HS`JQ.'K+\S@7-.-&C
M`LEG-KL7[)TCW^B'\L5=5("!LC)L\O)XN7H;1\6$<KOTZZI"593P=3N4T<^8
MB+39Q><H0SK9"^%,T`O!'9MZ5*3YS&+/A&JO&$VO(O(*/5$V+/HE192YT-SG
MDO[_"S(+8]ATRFU&A*C)M`#0^V6,J5BX6WA3=O2H3O.9LUX*=%.XB9?YQ\EU
M.,T7L']L[1P7Q?@O9:M78T:`U4E?2[7_@BXG:H7M00_2,XN=&?:8N@Z9Z"CE
M>A20UTE'C-]_08ZV5JX^Q#O-*BM*E>L2"OW'.=A2E1-+CYB-D)RBLDEF`?([
MZ6ZQBR*:H:^5L0]A3+/JAKP76BFA]LQ-;$<MC>:CD/R7+305!"_H;LZ'6E5[
MT'+S[-BJ%[1BY'61YL\DO2>38EQ5E[2SDVK/"Q`[Z0<=B_R@QORH5;@'[3C/
MCJTZ0G(7\R%/29:!D[ENAVK'E^?/##`[Z1@=BQPC"QRI%;D/MU7']ARDF[@Z
MWNIC[C$I@R)P<UQ_64"XPF@@MY,.TS'785)'7>>2]^'^ZMB>K5JMZ&0ZKHX@
M*L4H3R)*R#1)LW(ACRE#@]5"GJMMFKH30I9C)ZW58ZZUVH@1M;;V(6A_9,]<
M_9+2CRZ_L4P&"TDVBK_'+T%84B3<(U6&`\&=-#Z/N,:G!NS^='P_.[877;I\
MAM?>-_$&\Z;GX[P((FA^1DD84UOH+EB4;W/O202FT6-R$U/K:!8^1>0V2?,9
MM?V%3;=M?0.@=S(R=<R-3-GF3;V[]B$UX-!C&8?6^]:>'7;2H3H4EH?0A-_L
M`2TNW?7XG.@JR\,Y;!2KQX/KW46BKZ*A<(YVTI`]%#XR4H#<K'0;*KT<V/.O
M5OSZ6MI@)<\DK21Y0T!(G52M`=='DD#UU#S6R5;GL[/+^)E,BHB,IB6_R:1Z
M-AT&T>B)6DA5D88_P_SYDOY;F'\F.;BN:?GWRQ&7U#E-@]+DJNVL49%G>1!#
M&MI=&L9E+T')QMD>(<#Q3GIQA^).-&TST%.W72>;NL?WHE_#X"F,0DA53BN[
M;F7@[=$N64,Z4P'J3KJ"`^%;4P,6].<%ZJE%XT3ETQ8;7Y\Z-E^"*+*F@J=\
MHT47\5+W?BV5#XB?Y'\?TUV8O.574?G>_Q^_9%7ID_6_1TE&)O_X)4_A,7!7
MQ6WO;@R2X:`\0B&J3;C_0R#"[8V7J^;EI_PWT4R(3DQE4YY;3%!9SRTM;[K[
M4R#$L0VH5&*&RR*9>+=@.#G!#`5\9M8PU;Z`S]KK="HJX,+ED:J$SYHW-'6Q
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MIY["U%LM^!@Z*K<J]+,#M.JM5#U>90I`Z?AN0:L/A99L3!5["SJ&_@#MJO6)
MQT8J[:GU26OM551Z6V@)I[%>GR#IO=+B)F;Q$H^:;*OB%/(KO/U?`SG>+_`,
M^,>YV.,"[($#;U8)V<[BN(DI(25QBAO\_@!`T-%[`W;98RE4#-WCK0CN[*"Q
MZF5D_-LL>:4R@^DK^JL_[U)>_>T&'<*ME_-KH+FUH+."J<CEZKY:B1%A."GM
MZ-1)8X>E?9TZ:<W]4+'3N&S54:H35VE.+1^.'OV$>WCQKK`,5K\#>CN:ZLQN
M3,%#Z.F=J=5K$X]Q%6%/>=78-:<?O>/7^>ZN4(2Q%!74?=CM[.5]7$9!EI7=
M`Y72RUD_IP0Y[O'@;COCIH$(@#IHX&1%"F<'[M1"FH+`'@!/^K"D`@F8IJ8"
M6Y`<["(6>6XOZ6/]#6EX:?>G0`B*%!`AGV2RW\+2@[/#K"^+K1AK&@(9-W%.
M4NJ)7,4YU06272QJ?H^#JLQN^2\+I9L$_2F!"QV]PF>W;['`#%\]XZRJMKU'
M4.43]=7C=?EQO/-C(*:C!C:_U0H7IHOV;8T%<#9PI0TJY_+>SX$@#)?70G:I
MR'T+CALKR`:O;;YGKQ9/L%HJ4DN(-P0(\W[;)N$:6P<DB%AZ\%^_KZ%]I7/6
M?[W]MUN(R5M.XLFZ2>$6YI\_?_Y&20E^&R?SWTNPG\-L^6I398.[O[UX6%="
M^Q:D4&OGE7PF>1!&OUB)1$](6!E#]`^[-A#]JQ]?R2R(I*8-XY<_!@=FM\8F
M5%:?%:Z\W9\!?:WE,`AV-S[K]M6:@\'>#8MC?MM]%SJ:GL_IPA@'#R3/JU(G
M4)SJ.HCCD-P&\J?@ZI,`\=[?DG(XRM[]M+%U1HFL/CRM&IUN,8MNRM=1,,OR
M(%5YC:HR`R7;=4S)3'U$SU,U@#5[@>[K2HO2;B_H5$XK-?TV?@6?QU`_AL<7
MME[L`W!@3QOQTN.EURT5VKR8"W<+YF^!;A2E1_9YR8_8L!!@40*/5^JWP9NZ
M$FS^%NA&X6'M\U*@!`P$&$X!=_?/%*/';,8E*4HYO5N_!;HQI96I,)FO=BQH
M&/++&HG'GD%[':993HVT!S).XLG7D,3W\R=Y[$<TC!+HORRXB'5L.T4!$HKM
MJH'>F-7\9NK--I?V.YN4S:*E:J0Q"Y#O_9Y5Q%BV5NDC;/8$&H&2V;N1`);1
M%?E/0H=`166%H#1O"!#FW6X6L8SC/(GA-*O:@T!7[%U@;"PTDH43^I40NGQ6
MJ^PB&/]%8&<OTO*J>./!C<X>93`Q@/1NJHO8+]VVS$'WIL8YA>/1D+^:3LD8
M+G%NXG$R)X_!6_4"C$IH'$9A]98LOR:4V4%4YOY00A9;/Y8L2PM?`!YY#W>;
M2I;O/=CC3&\:5U`X%N/I@C9.Y].<I"M6"GL5ZDQ#`72Q(5;%=D[H71]^;YJV
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MY^(HYAA:U`TF+\#8Q^0S97S=RAPH'L4;?!>^PK#\*6!$)_TS]B,MARSR]7C+
MB>[;<\K.9[.4S*#-SW3E`M\E>16RE[:0UY@!R.ZD<\9_[*6'W,4+,&\*://F
MK4X5IQPCX2N97"<I/=V@N?.7(J`+.5_<%3G<&E4[@O"R37,N@-))GVTHN'LS
MXT&MGMWO3D_QV//>]MEYL=CAYC65YE;6.F6XN<;J3P^`.^G!#;D>G$6VU'K=
MAZNSH3TG[GR>%'$.$?"7(AT_!_#!?Q<DHPS/DN@5XN!1%>A>VU^R$*WQG!3:
M<2==MB'796O*BUIM^W#%9K%_\NXF$+PF*3S*OR_HR-DHODA),'X>36M7@;(_
MI13%>2#SS!K.##`[Z8CQ.S?;X4BMR'VXF+#809A./PY>UN=<M5_<D?21I/.'
M9T)R`=WRP4!L)[TM?@-B9="UQO7A'L)J,V/@W](MA=9NZ](`JS<24IT3#P>"
M.^E.B?H@*\.N]:X/UP46.RJ#5;.V@BZ3^3PLORXFES,&2.NDK\-OP"S#ZJ3;
MMB>M\MA?KTQN(Y/K,`[B<1A$HR=J=5>6"MR@7-)_"_//)(>6EVGY]_<$-(&:
M.G^2</9,;?5SN@50.Z<.4%?=,27)L:X^2[F)I0FUO@[L+X26V%5OT7W(S#JQ
MYU6M$C_AX\NS3E)SCC<$".ND'W3"]8,D4'OT3L&LWX`Q!'MU#2GI;KV=((HL
MJAK7Q]%%O-2]7TOE`^(G^=_'=.,C;_E5Y27]XY>L>K:S_G=JO9+)/W[)TX)T
M5]RM5?IJ4H_,<<\R1_4M*^[N*R@?8^=+_E(8'I]HF502<MPOWIUJ"1],[2+T
M].S)JF+Y["GNL#C):2?;&53RX"N@"FJ60XZMD&?]F_.K<WB`2+=KJ\4\NU_>
M?#`P"W'9X<(N84P(XDJ%)E,!:DRU>1I(CK^$#1B"H:*/1Y7P>$*Q2;M+PWF0
M+BY(3)5S'-(_*E4YTYN,(O<?06L@,OX*,.(#AC7@T%X9F(7+O!<Y&;B.IMDL
MIC9@!]%$T%"H71/Q(*U7-'#=A].X;LR`'_Z2P.F\KMB[5#4MF28I(39P'%9H
MHC7<"U053!TO=34PBW=R,IJ1EKH:.`Z7-E$^9Z6N!B=8"MDVT4[+%445V:E6
M9U1K,@K&<6"KB1:*JX^:`$51+K(V*D<O!$)4\6P9LZ+$+EF@8_^+9P'<_CT!
M!HTZ"X\['-"A]!>4A"+U'&2X$1F(+B5LS^7X_G!7/$7AN,JW(:M,!^G.*AX(
M1&)S/V0<96^L2CC[DP%R>&#QJ4;].O9RDM1DK%NC"6@6#P0BNYA@5+*6K61*
M@/ND9/8VL*LHG-.E":)/IA$E((@G40!1S_*K04;_5$1Y,AVOBK?1+>`U%-WN
M&L\)T+QO>Z8"8:MF4U[T)WGYT&(SN0VNCJ;K%;_\^'EV7S)U-+W<9.H?JDJK
M-24`\Q[S,16'5&=-6-&?VJ:'=EO7D2RK;Y0N@^SY.DI^9O`*NW8M_R-]8ZD^
M"27>?P,[4Y9SU%(7?'^JB!Y:['L'WR3<C]\%B_(^ZALIWUZ'M;TNP:(_(8#J
MI!G*;[77B!']*3]Z:+$I^DT\3DF0D<^D^M^;F/>88%4.X"X()Y4DA-<X#>8%
MB)TT4_GMUVWPHS_52P\M=G:OI[].4OC@F/+NNLB+E)1%5NI-071%K30!$.W]
M]L>4U9S+;!W@_:DT>FC6M9`)X4M:+M[R&^MZ:J/X>_RBLDNJ#`>".^G_L/L6
M:L+N3SW00XM=#;\5("HHN%X^1KW)LH)0AKZ&Y&=5;A6X2CDW4:J/:#`;A>._
M!Z*I$-A*:<Z%'A7N/+380K%FZ&:IT[I8&D0VP@FI'DA3^JKFZO3\H0*&W)CK
M,-IF/J-J)36IJH;LYU$>**AW*W0`"SOI=?%;//K@7X]*D1Z:-8RT<]>[*E.P
MK)%%UA>$=?F!K+3VOH95!X7%3I&"NJ(W/.Z!:D8*W=:<?!/XV$F7D-W[L@U>
M]:A>ZJ'%1IIE8R111S$!V=*Q0&HGO41^JTQ5S#TJ8WIHL>6:Y>)2AYUL=G;(
M;W8FP]JCZHR'%EN5B3Y]F401J>RTW5@X':(0$6L^.8#MY''-;W1FC2D]JOYX
M:+,+U3.45H"6AJN`T/1\G!=!5/H557RR9B6C-G&=32QL;F+K&P"]DT$Y04\J
MR[RIU;P/H3N+_?[$=YAKQG)9;WQ1K#`W0.VD^<KO$&B+)SVJG7IXT+@VE7E$
MXBZ)PO&BZDE;O?3.@?:J(T+=(^D;M[BT[C2`MI,:?<#4:$/X_6G.?GCHL2B*
M0=1`92B@ZJ0Q<2@L<Z(`N4<])`X/[5WO6:UV>GC4R8NZ0^Y%G01JCRKH#BRV
MD%3YM,6J<@/'31]MECL=\%L]ZB)^K^5.!U8;C\!U(3S,+$1E=5@_!4+<AIU<
M5?T;B-J*,$$Z2+YNQOE3FSE]Z]F%CU+9/P9B'!O]2H^,!8R2BWH+BH.W=8V$
M?6BQ6W=C81^Z[J:]%C:9!D64ZTC[D-\TFXO%L;0-5Y2]4&^=$"*O'K7U0R`"
MA9_$Y8](SCLHNE^1>F#6^JF;)3D<=XUR9U8(PTAZ^#V]H+'JE7B,'KFL'>FX
MO:XS]60WV-5![>G]ME6EM&=+U55:R43)L&/]'!9[-RNG#_C-;@5`'<3&[4CA
MU)U:2"U`]@!*U%EKIK;$KQ(P34T%MB`YL,:L*,&AQ0B@-24X=!S;T_"W!%S3
MTX+#C>B=2RUHL/(L:L(DN4O2?)I$82+UP?9_#,2@R$(4\HHC?QX:W+)W49>W
MRKRL;^0T"O.R!@*1*'QS(0]Y%TH*R!P47;&H'_:B[^MOR'>&G9\"(2B2/H5\
MDIT+6U@<>!<6I6XOX+[UZ/$SR<)9##?WY]GZXU_#+%?8)#3F`0@H<G.$'.;M
M&?I`N]\K;'#LL3(MHL9,;JT?=\%`80G;!LSP5)',:A#&WF:Z_6!/[O?M_!B(
MZ6BT><C=+[DPW=C=#?E_9C7TLC&_RF&_]W/JG7Y"%'9ALTM%[%MP,`K^<&C5
MD+8@^*%C@UHKU,+FEY;DAVZJ45M:91ZMF_V7X$H=Y7C#``V6&`V/U7Q31((*
MKP+9.S>X[V*E/IAD)#P)0)$1+.`A>TM1`^8@+\Z2<MA__;NNP:Z@%>PA0!B6
MH`V/:SQU$")R$[JQH0<V@[GL5'BU.`UW(!"))9C+XZ`@+"/#Y2:4:T,S;&;0
MLLOJ*:3<B08"D5A"=CP.LC5#"1<K0H>M<?K#^)E,BHA4E>,%3UO]ME%WF.UT
M9%:DSGL7NB/7E>%L=LH]8A>$$T%#U-S*3#SV##2T+2R/_%=1$[&?O7=;`=UY
M[;1G''AO87GDOTB:B,UL+30&VO'FJ4=F3^Z9FC?*GTFZ;;=PS!>IWNE.!4"\
M.S4B%K.USA!F?RH^'%E\6(^\^,Y1)Y_J'_&?ZMOB27]:"QY9+"VI5*E+S=7G
MCP>245PDF#!:&@J0XNY/>\`CR]4GR:K.4-G.0:^9%7\H$.K=13%EKV@7E$+N
MT9%M5B_/CJ6[P=C+),LK?[!>\/+"8K+A@,Z[\V(J$WX\1Q%V?UI/'IF5+NUH
M$;RC3E8K/6)7*S6$WY]NE4<6JV^TG&=YY+A6A\VZ4$?\TAVZB-]K7:@CL_>+
M^*^@'#^!=)6A>\1^&:F#FN6+X[TCW<\DJTR;,O"P<XEL>%^*ZF2PF+E<]WTJ
MCUFU#G+U3W\,AJXSEMT8'/Q,9@[$_D2FACZS7]<+=OFP:K5N1T]1.*NZCD/_
ML$OZ;V%.ERIU3)*J[5@MF57#I/)1UH1"'Q5YE@<Q]!:3;?>NOP_\[6(8;2A.
MU&V+;_T)PPW-TD#M+#-](=T3T"HJB)V^8[70[N"G$\GJ<O59X&878X5#=E)K
M2^SJ3YQQ:)8PZ?_(6HZHQ5,$47WMT,Z1I?1]X&\7(YU#=A)HVWSS5"W/R3+S
M636O@;CNZ<BJ*]=H6EZ[;#M\WTA>M\UTN-;4B0!.=S%,.V3GXWMA7G_ZQ0_-
M'I/Y7W54*-M2<NE[[7Z+\@W'ZS83:3ORLS@\ZE';^N%!1V,7ZP*\ZTCE79*5
MROH])D$:D\E=2N9A,;\GKR0N9,VWVR4&.-_)J,:!LZB&,1-[U/)^>.`QQN'<
MOK]+0SK=2Q#Y=M!6A`#'.QD'.1#&05IG8'^R6X8^6SPZEUM=H<KW`JSI`'YW
M,E(B;C+9-O_ZDZ`S/.AHQ(3A8SM<9(RO`>\Z&0,Y<!8#X7-IN6!ZT$A^>-#1
M8(<D0%7^U5V25Z\%E;O%>J"(RF#0R<#)@;/`23-.+A=G#_J%#P>=;4,Z'+@-
M3]A,-RW9S$X^TD7\7M--AP.+)1P*.G$81>63B"`GLP06MZ2H)'\0$-?-UJ0E
M4]EZ*87K(#W.@5SL559@?T=:#THT#`C$TLQ4RD8=-=F"UPU%L5<(P9&B.':=
MU*O%2OEHIBEN&F<Z$H;%(M)!42719_G7Y*>\,0?CYY2@0Q3VO0+7V+HA0-49
MG3"K7";3B5OJNA1S';78'`%DH;C$4^"=5#,8P!SD#CM2#HO%Q]<<^6<X>]91
MC?7O@204UTH*?),JQAXL!VFPCM3":F<*G6X^[%XV0__%NQ2YQE$*/BK6!2#>
MMVUW*?VK./\CB`KZ7X_/Y"Y-GI;!J3H1_+K(Z;QEX*J^@-EZVM^'1V_#$X_!
MXZLL#^?PF'!5>E@YRBL:2E&=HC#73&3!#\<J0.[14Y]3BW'3@/!J6XL(YH\"
M\E!8?29,Y41)I6A[]/3EU)ZQ:*!8(CZC,!E-V,G6*@G4'N4,G>*HVD1Y3,)7
M8/&JB,M%D7]+\GORDJ3ULWW9X:H_(7``A65K(C?^D6O,B!ZEXYS:"]QNL[/>
M##9["NS7N10@,9D.`'4R1^:4&_=MP(8>O;,[]>C'L+>)NU6?#+E=8#`3Q7S6
M22_G5.CEZ'.@1YE<9QZ?XK`9?QEDY"+(I#6?)*,!6R<]IC/A8Q<UU#W*9CKS
M^#AEE3QVG:25L;4J6+A'NT1;=:8"U)UTR\Z$#T0,6-"C>DUG]NX%VD[3.G/K
M9UG-RCOC7B3H(GZW67EG]MRO]>4-/+0L9.D\K)\#06[=)V>9>&=<!TH`U$TC
M3!M2L-IE?>L+*AT8&0-^#(XQ=5KG,4U-!;8@N6F9;(OG%K-B5M_0N-VN[X"/
M<93H$_)))OLM+)ZL'8MGQ['%KLG['>S%VK'7[O[8<;4Y5^?&,;^),A>F\Q[K
M1ORWF@K3O&/OL>L":3JG!9M=*F+?@N-<\,:\MF=%5E=YU1K9_II2'W714"`4
M17!>P$6^.Z.`#*]^6&R*L-M37IQCL=MO]!A'"2H!GS@:P('BQH.P('*SLD]"
MNT9'\IPA0!@60Y+'-7%$@X/(0?J,)3UPGPPCU0;Q0"`21016P$&V3BCA\I,X
MJY<N>YG,7X)XD6UTD[Z]>*`_+U-OR]?<W^/)LISD;G,(^AG&4^\+,DU2\OA,
MKJ)P'L;EJ_'1]'P.,ZR[6UXF<99$X03^ZX^;*^.<6SM7$'\$:0CRJXNO7%%,
MT++X8E$[D>,ECO)?1'9ZDRFIXOCLP+5+&!.">#\RF0I0M_9&3^`R6)`<_UK&
M@"$8FK-[5`F+35N2F"=3Z0DF'4M)==R^2Z.%M@&/V0><*NSWK:,^&WFQ2;M+
MPWF0+JK.?^.0_E&HX6:3`7+OMGP#D?%W:2,^].=QQO'0GL]0=[)9EA@J^]A0
M\^\U)#\)KS>*=!R0B,)C,&$L9Z=5P-N?!(WC89]K<&*L@GL\[&+^?JDG_'VZ
M=0;V:8_O:!G.CE;!/1ZBN/DPT1*/ZV^'?_UYHW@\[&A13P15<(^/O3O:IA)W
MLY3X7.K/"\SCXXZV,>E1%=SC8^_NOJGFN%EXS3C9GT>DQ\?V`@9M)]$=NPTD
MV,RW+]DLOIU61?Q>\^V/CUU4C&J0Z7U\[-8O=Y8W>:Q01&H/:`NIUH92</<,
MPSSW^QC#=:B$:6HJL`4)=;[]L;W[QJU0[F>2A;,8TAS.,\U2<UKS4`@G*-PC
M(8<%Z32:0%$KTXG-'+P@O@ZC]9T`F*0,VU(A,T]G(@"!PN@7\IAG$QD@]13A
MM6GBG'A\Q(TG@^JDH^]13H3/NALP@Z79>`MXBGZ]2L7O0X7.$Y\-0;W57#C!
MD?%K(BO^XC1@07^N]$_,VFIR(=2W0<#+@*YY.+SKSTJH%@T%0KMX$W["[D>I
M`;D_=]<G/EM(KL+#7XH@#>@QO"ZL6M]E[H2!'Z@?4Q[,<0YY]DE<7G).+Y^#
M>$;.Q^.45"?VYV5^O62C=4\`<+B+M]4GXD:3K3&N/]?4)SY[3UJ6U]5T2L9Y
M_5\W<2VT^R"7V38M4D)YWLE>DR?B7I/M<[`_5]\G%GM,6I;#37R>9<7\I;P#
M%2!V^5E@$(H0E8E8V19="^SJS^7SB5EC2SMGU$U,C0!J<'\FU?_>Q-]C$J0Q
MF=RE9!X6TEK<\@D`82>=979O3&W@_2EB?&+63=.5IBI0KZV\"G,"'SKI@;.;
M>-K@17]*')]8[`-J^10<Y<_"BS$7GP.&=-*3YK<A=<BF_A12/K'8X+3EZ\,3
MQZU0;2;$G?`[HNHB?J\)<2<VVZXV+6)WXKC9JJM+VQ-!_U4>3(Q%!$]LMEFU
M4;WHQ'63U49%!$\$W57Y<+`6B3NQV$RU7CM6*H:=X&BJ*N":^`CB(&+I`=Y\
M#%ZI*[CA+@VY["9>IU1M=B<R3].P]'@G#_+R`+\H,FHZ9-E#=8R+,H65QE(Y
MFB7X6<)5D:)4T&3KMT"WXX"I5J$E%2;S_6X6-`SE:!J)QWW-/I5U:US73WUR
M`.L]N"D2`WMKMP8<I15X@JR4],D)YE+2);NTK,`3Q*6D3T[L!?"<U0L].4$1
M5!-P4&_;V,*%5S/LQ;2,3QSIIHJC,[R`@VS-4,+5>@9?35/S".G>3`#)7N3)
M:IONDRXT?^<Q5&_C68)M/0O9L6+9,Y_+)_Q+;YBW1@6TJPP'@KV;P.:,9BN<
M!O"^[6KVC&=-+V.JJ)1-I@6`**)Q9H*QXLVQ&-)ZRJ]C);;X'#Z)(E(52=E^
MG""I=*,T%DA%X0J8L9CC-2JB;CW#U;'.67YY;[B@-]+ZE734^K<H*[K0^)TG
M0OM;K(A+K:>QNET#9@WBK:\!C2<2+CX%C.BH"\;N)^^02:UGQSI>`-YN/I@,
M5WO=8/E+P(:..H3LGO3N>-1ZXJQC[;?I.S+3D?ET"/5;<RZ`TE$OD=_2WI0+
MK6>U.M91]_=#*GN"+)N[\=P`M:.NY9GV!90N5Y8Z?=87G6XK6[O^>+,$WJU9
M?@Q./Z'-V.8QFZV=^J@[DK7M2.P^D\_<)=6=?NI,$CA+(ONJK8/;VTV<9=5T
ME4=ND,YT^JDSE>!8;.3$B'E`NU7E[3')@^@JR\,Y%/I<,^":,NXF)E$X"RDG
MUEUI;Y,TGP4S`J4=[59_:ZYFAU9+"#?/USD]1%0^F,TN%=W>@H,U-^KTT.;E
M1:WW6]JND#0G&$=)/$)QJ2#@'\]ED</J5_[*Z9'-LL'M'_Y';NTWN^Y(R6P;
M[LC1X)V[(T>8;+ZCSMI\1WHVWY&/(J*.MS^/55)6MN@J4J;<DDDT%%!U,R!>
M2H/OTRJ`[IMVVC/S1<S;2'JX+G+J6&UD!0GPF$X)P+H9[2X%PMXP&S*C7XFI
MIT?V7!018S5S1W2GHD"&*!P9,P'H*ZJ`"?U*.CT=VG-[A`QMO)%N;Q7#;J8J
ME>PV4,<][/U*0ST=VG-C5):U6H:1YDP`HYL91"7[S3?)?1[T*T'T=&@O0VB?
MG\L4`%EJA7@@$-E15V?(S?U1@LQ*Q<1[];+NI1,!L,?DGLS))`RB\]73@V4_
MMHT^N'UHN'-JL<6?RJ<M%FL[==S:SV9MOE-^GS]=Q!T)JSH0-Z+:?*>.:P:Y
MJLUWRF\0R(6)L2K+J<6B0';N/%T7[FEVO\POWB.`@_9^V6))'I5S7J$.A^HD
M0#P*>U#`6;:>:&/L3S.W4[,J0';N8.Z2*!POGI.(<O."Q%17<J"]:J1W$X^+
ME,J@+#`@N9%1GP@0=R#\S983_W9&FP&^:U)>!V'Z1Q`5U#]9U1FGBXX:<66B
MY+<@3>FZ>R5^*TJNJ#S/,E)RM-Y6RF["0;5)0"(]97`8S^@/OB5Q6O_G19"%
MTD7KY%L_!F<6Z_/?47N-2B68U>5!R>22_O\P_TP]Z]=23EE)^O>XU+_\-IF0
M2+!)F4T(H+RO79?B8I].C9B%H4!FIU>1O1""GAP_AY2H_"X-QZ24)R7T<Q%$
MG\DT*"++"TSA6Y05CML%^%Q[W`"&*SXVNW'^6)86>QELBOB!BB])'U[(&-J8
M/*9!G`653U`2/_F>`3%ZYYO6G`#-^RVC2Z')EYD)OYK=CW\L)XO=(#9%R1'>
M99*^)-2\)P\O*0DFBNM(;3(`X_U"U*68Y`M(BU'-[O0_5H[%5AH*,JQ$1QW\
M\?,\2/^"QU.W29;?DXB\!G%>_?-#4M")FJTJC0\!$[R'_5R*UWC%Z3.Q60[#
MQVJT^#)/0;Y_!NFT$M^$$C9*[ZD_$,^RZJ\J-\'&":?\&6!`;^,C_%>$#EC8
MK-;6QSHT>R1IAV]KS[P"LX'D/%\!_49R"4^4YZ%X_;^X="E)_K6#+H^:5?'Z
M6%<6WXO>S%_H/CF:TN_1#72:I/,RT3+,_AK%RTC76KJKRU3!268V(8#J;<"#
M_^*T$;.:U1G[6$46WZ^>O[RDR5N9,;IIAGPEKR0Z7)*[W@AOXK(,1O7W->$;
M_RY8778_!$SH;92$_Z[6"1.;54C[6(UFCX#U5R/;-ED*F0'!PKIL\$E@3&^C
M*NR7QBVPL[X-__2Q6`TE9R_`4KKJ4Y)F-W&>E`)^I+\6K37."""KMV$/_IMG
M,3=J3?](_#!EO+W$CY6D1D6^W,N457UG""7,_Z-HERR7Z#J;';6R?Z13&'+>
MXH-LQK;T,]';U'\F0%)OHP+\Y]@B7M0Z_I'C8,IV>UX_:SM24_*M`4!4;[UP
M_O-N(3-J-?](2##ENSUW>FL[@GNSE;Q&L;*=OCL.2.RM8\M_5Z["DUKW/Z[_
M3=EOSSO]1O+O]$M!%/Z'3*H>"LO7\_I^J_9<`*6W'NV0Z]&:\JE>-Q_7]:8B
ML>?K;LGP"]4QAA#5W6"#V2B<X]YZR$.NAVS.J7KU?%S*&PKEV)[SK+`#&BX>
MI<D`3&_=[F.NVVW,J'KI?-S$F\K$9A/(G*0D*ZLFCN*'(GV)BNQ;DDOZW?$&
M`7&]]<V/!<T;)0RI5?[CNMN4]QYK7MO`(JIZ9/T[P"^WP0)N(2R7\M]?>ZXX
MYZ.@UCO658^U5%8X+I,8\B;28-E(/<S^6I?=*+50H7.;YFR`W6W`0KEHF"NY
M*JQ9+5ZA*LS@2V<\/A/0H%98RLMX/HK?<9%'M;IJS<1G95EL,>1C85`^>&SX
MB6)A.(Y"K!=&59K#]LI@5Z)LRI&.K0QWVF$O:G!Q]0A?+S]:%I20UD/DC`"R
M\,4+-)G*C@F($7\HY9)_]N[==\L(2762/0"(PG?3KLE2MDH*`?MNC"LI;?C?
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M[C2`UKM9*98$W_76!(G!N?DC2,/*^JNN9J_`>J2$7BPNHR#+2CNQLJ7+?Q%U
MG&@R)7#$X_7&+F%,".*F"R93`6K'F9A:0=H&DA,L"GV&8%@8'E7"7K[D7C5A
MJ9G`&4').D"3]VC`3[;I(`:+H8JR/RT\\'A)P";M+@WG0;JH&E#00S9=*%D>
M>I,!<N_.4P.1\?=A(SY@V(G/QV7#XBI1[&L2Q!"46L:^XMD]&9.P#&!=+-9_
M?J1$*9@J3:8&#AEY=G:XLDV0T@[`&@(H,/3?LB@1_A(0,`"#HEL4J;WK`O:V
M48I':DQ(QP*IWKT]!5ZRS0=5>!CJQUO4+8]^6KDAK.E2.O^98P`'FC=P`D;S
M]S(1K)YM9C;[[`;Q/7DITO%SD!$(UX1E?$>^E4E&4C(':/PC`1_9&YD:.`S^
MT#UTRU8P[%:_`]KMW<Z4TTI[;V[\"C[?6K:1@GFURQ>V/NP#<-"2THB7'@WN
M/TDX>\[)Y/R5I,%,[>QAC@$<WF]:V+SE'S<B),WL&WO*X?&6Y)9*;U[,E91B
MZ[=`MW<+F,U+OC*P$&#9(3Q:I[?!F[H2;/X6Z/9NC;)Y*5`"!@(,)L+.TPS&
M8XPR36DO]8G^<Q*/PR@,E@E;)@_XFGX-^(CAV4(C-`8/HYI\B?+,<?-(W6=\
MEK2`O_;L<Z\W3_FZH[,>+UCPAM0=]Z=L^M#/@LSYJ]H"ZS!$?CJ[(#TZEWC2
M<!SWM_2]`(5.;@.6]<?R];#P[-U6[7U1L%"XOP>2W/KDOE<!]TI+Q`\'81YK
MXK)7FG'O$](`!&<$D(4AN4_&-T5%V`+E(-AC317LW1;95`77/?S4WAS+&*>K
M"T>-'^ZX9[S]IG:K=W=?BB`-J*T@O@Q0&0J$>D\[DS.2K1^*X+`KBKUG.G#J
MOI)T`77.Y%?+C%\#.2BNB,3LXMP><O$T,Y+=:X`]._0B)<'X&3@@?_*_\U,@
M!,6-D)A1;-ESP+1A.C81O,7*WDG\LMUR4ZH`O"%`&(I;(3'CV(H@`;54",,^
M#.X5PIX1N7-Q_C6<RK<$[AA*FO\&37+6L55"AFJI$X;]"9SKA,4N1O)W@E6_
M>(7G.GHS`0SD9B:_?Y$9UJ56&5;O=Z]5]JQ.J!$"]P=D<AEDS]=1\E.N/]PQ
M0!IR"Y3?`TB&"F&C^,X$:\TZ`/DJ[D+I[74DE]T22,2+9I;7.]=]C\EE)IG/
MCMO\^-9]87K:+A^:69?O7.\]IJ2MB@,^DO%S'/Z[4%D$[$$4B>/F/;Y7A#!I
M3,B49F8R2E%[?<"^2Y32`RC>,$"#Z16)D.<Z"K@%#T/NDF45])I19%T%6WLG
MKE(V6<AT,QU$\@S<@>3L76S\=Y%0M_HV2/\B5874['SRKR*C?W>=I/L7@-E=
MFKR&$^AV]4=(1D]1."MIE$<F['X(F.#]4D514NR8AA-^]%3=[5WG[$>2#$)J
M:Y9[O\Y1Y)YJ6&T+&8842`?*9.\J:'\)CZ9T<2X++2NM9H-MT_`;%+KK!B)V
MU)5[WV2;%1C*>-C7;[-F(`+]GI<,?RD9GDQ?0^K2`L.#)<.G23JM&3Y;,?QE
MR7"X+]X<GH7S,`K23*W8:+M$`/.\7Z8I2EBT0EKD%8;@LX,EA+%C""7+^_V=
M(N_8RBD&AB&<ZT"3\+7YH$1UP7'2[N91X<(9]FRL1O8<H`N2!_%D4@31,BKS
M6G]V#LR4G\=J$P#177".3KC.D1;._B0@?/56)^'$GF.V(FY)%ER9E_>'=R2%
M=D+!C'??ICB:DGN*QIER(PKVJE#G#8905->7Q*D]7XXKN,])!/:]R7I8#@5"
MT?A-;H2@N1BV&8,ACM;YE6#/)5L1M^[!MI/)?!/_#U%<$K(Y@'0T;IL;L4C6
MAB*',`3C.K](/!;,8^V%?X;Y\WY'PFWZM\&6K"BG466>I<\!]]"XQ6XT@W^'
M[HB9&(*#G5_2'C-43=4BVT9;-W!;N%S7PF\"']$$(]SHB/W%K<)15M`64>_<
MRV3^$L2+3+GSK?W&MY9*N@'MV_7A5;<DU6E^'!Z:=3VUA+84$<-H7(E$AE,Z
M`2!$XZ9JBH6_O)5Q8XC'>-!ICQF;&[M-`\56G`6PHG$T-07$UVX]\!@"+:VK
M^(%9PH<=M`_C9S(I(GK^JM:Z5'GL8C@K\,+M!B^M&ZPI-K[B-V-!=XO_HE,H
MCR^E'HHYM/(;3=?O/K.R.?;C<Q!O_-T-M5NC(">3NR"MJELJEO9M_@'*(<?W
M8-HOL)K)6K`B;3$+0Z2S&ZIUYO-D8P"HB%-*YI`-!W287H!9DY?>`F*P!(.?
MTHGE<6C65[HCR^/0=7MJO==IU@369'T<'B#)JVAA<[1WW_L8O)5%]I-8H?[2
M_H^!&#2.M2+GV%>R7&SO1*7LY>)23EZ]D?E+KJQ4>S\'@M!<."IRCZM6/'08
M`C(M*):][-S')(<;C-67Y*K%'`!$H;GP4N0@1[E$^%!X4L@"%F:)4K;ZY?TK
M24&PV6CZF3SEE-*K?Q=AOEA7]%.PC15G`:S(6ILTDQK?,M3C"(:7-&UKPIE'
M5TB!2J631GF>'X>#3ZTY1PJQ`STQ-5+S+09@,%N]"-^>(5NZL-?A&SRKSN$[
M"QWC0V$TD(O&S-5E,MLD44>-P3[QHJ`>;9`R'V*WCK!2!U_!2,"$)@:@*PE)
M[H@0,08'SHL&>[QYX!7#5FM#+1P,R-"D0.G*0V`XJ(#&8"V@<Q8Q9!=?+%:Y
MI6571@7'0#@6<"&KD]M,0GS%5^$#JJ?)]F4]^(1!AQF)Q9H)W;OHE(XTY]\'
M_F+H>:BC#`K+Q3&[,!PU#I?<X<>2<ZI#A^TM.96K;Q5M\+KF#M&MN?[JYL`L
MZ83=?C,N*?M,4FKSY.&K0C$XWA!*F.M\$8,77H[%P`Y/25CTL4[:$="!O=(=
MWY+88*D(1@%Y:,(`;0F#O5KD7,(0`D,7-V@<'FNU9]2!X_(T;<8#F)HLPFWO
M%7ZK,AL<-+Y$:$"O\!CA_!IH;JVC@L!7%C%4076VP-BS%MH7AL5&\>7"3%>+
M,<BG]-!ZK1[52XYAV5`@U/M9+&8B^^14!%9KD-_]QU2%/`8Z_@Q2*,VL=.NS
M]5N@VWORGYBG_'`!"TFM0A9"V.VKD,4NPW?!`E;:-$DC6'LO13I^#C*%'@+B
M@4`DXAV(WS]8"5:M/&>=5!Y[KR#*K!4=_Y$]`(CRG@DA9AA;681P:A_O4R>5
MQ&/N(_2-H0X+_`_<W=/C7YHXIC*4HG+<V+&9E@G3&!6`U?IF(3.L?7T;V#O1
M+I/T)4F#?*.?E71?XHX!TA"?8P/N.29#A,*#-U260WNYJG<D?2%Y$41W]#<D
M395SH]0&`['>,U7%C.280:K0:E.HF]Z\SW<M9!(6\T>2SLLPG5HB'FL,X$!L
M/1V)7Z$($-6J9>'1B8<]RM[[O4NZ^L)<Q\SFC`"R$#OQA]P'>V(\M9Y8N$WQ
MH"<VK[YSDM+Y[^FIKW?_+1@':Q&QU7PHN+*6HZHUIY,F\Y$]S?DC2,/J^K/B
MV56<A_E"?BXIC07?!K$&'7$U2!59K46GG=0B>[;T94'MQ'B\T#JI>&.`-,26
M\Q'7<I8AJK7%0C<Q#V$AC\T`=M]Q*%G,[$&`!+%R#86%]860ZB!0)]VQ`X_:
M]?WA,2T3A!;G\>1+\DK2&&A34C+A6,"%6-<.A+JF@JS+U_D''N]BOS\\Y$%5
MT?4N@12U<1`]%$^3\#6$=`RU_4UM$D"*V/$[$-[>:D&TEUCG01D]WKE<)RD)
M9_%ZB</C224-%(R$4#-BR_]`>.,BQV7O);Z'^Q9[E\#W)`LG=.XPB+;?S)[/
MP`Z6N@!*XX%DQ$'.`?>*6`>=O2(['A3*GA_)9=DW*NF&.K4S!1".V#@;<+U,
M38#V.EA[T"R/-MIE,I^3=+S'94TO5'4:0(O83AL([31-D/:>D'M029_9,=`&
M-B=I$(7_@0<F3_GZAE]5&Z4S0&0=L>4V$.?**.-;ZF`G`[>']C)FRC2VC;H]
M:FE\>P.`*,2Y,H?<7!DAG*6.=#+5\]">E7^;Q&1Q&Z1_D5PC0T8P"LA#;-$?
M<BUZ.:8Z(M;-S$][B0NK)").)2;U!"OA!$`T8JMIR$UKT()71[8^WHQNOEST
M>&/`O!XNNS.4[X3#:3@N38[1M+HX5JB18C(E<,&M"]OF2U3A;40#]MAS@'N@
M,(-CCY4(=PEC9UDHE5S0F0I0.S9.M8I.-9"<P//19PB&TAT>5<)C`C";M+LT
MA,8&%R2FRCD.Z1^5?'J]R0"Y=]N[@<@TCP@9'S"L`6R6U8E'RVJC.-CJC_\,
M24J5ZWGQE;R22*_>G&`20-H;Z^E$:#UI,03#DFA5#0;'&!1^6:.HK/J^3ZY>
M'2J5N0"WX_LOTU*<<FDIJ+H&#]Z=QA^:M7SHO,8?NNX=85P)4RXN:RI_^`F;
MRGO8^DX\6O_?2)[30QS>=*^NJY0L??Y`0(3&JC>1!5^[I:#M/6?NIBH?8ZB>
M7%9/S,H]ZT`M=Y`_$C!Y#^HWD8;"5LU%_=XWYF.?F;`,Z0R,M7FPWJ6\YU,T
MD8:>-F^CQE#LU*N9X3':SI+.H;$V'Z[EZCW1HXDT]+1Y&S6&_FOH@H4>K8\U
MU2O9C:8/Y"6`XC<UD(M%V1CJDO[5+-EN&ZS@4=OX!'"I-PV$3H3VC45V83@Z
M.J-@`Y\Q^Z80ZK]3.H'M?@PXARD(:E$;W"U2)@LQ^"T=5T2/GD^9!OLUB6=0
MCFE-HUI2N7@P17:*QO]Q(C3^2E/B3!\..K\KQZQ]!#-O=5VZHTP*E^>IL@<`
M46C<)"?\WE=Z*3=PN4^=5'3?C;"S?Y)H<IVD#T$D;E4@&058T-Q7.!$3_U`0
MLP3#;4;'%XF]5PSK[6RKF93RD;`W"LA#<[7AA/.R<X''$@Q9VAW7>^_^@^(:
M$0^B2,[ZZR^<*O@+'(Y@:+S=[15R9K&#TUI(S_0DGR9I)C.)9,.`P/[Z#&?\
MQD]RGMA[K/U>5=_G-<UU^$8FMT&N4S:#.09P]-=Z$M^LB!CR$7MM?"S;*V%4
MN7>CZ6429TD43NBG)G_<7,G=!O%`(-)[N2*G_&>?#DI<L5<]JS\7\S[=`55:
M+Q8;=%.B%.Y+FTQ-N>+8M6CSO;30D[#`)@Q&%UI%&IQY#,5N$Z1T8K*&``H,
M#88M2H2_(`0,P&`^612IQTR0C=*$\.Z6,(2G9/TKSP-XT5A%`H&(]%(/:L^4
MU:-;6NXPFHK)'`,XT+BE`D;SE5`$"T-Z@D6%L]<Y!YAV3^HNP5`",U1(FE$8
M"4_TT$3`!7SDA/.4P+%R`?[K]S7*KW3J^J^W_W8+/'G+23PADYJ8+?@_?_[\
MC5(4_#9.YK^7N#^'V3A*(%5\PV]=[KA!=!-G>5IPDLA+L_LN)1G\\^,S`'L)
MXD56^:?44-D(8Y[GJ_'4EJ$<!+234;PQ;-.=O0@B2@!Y>"8D_TSR((Q^P527
MQ$>9HN$GGY5_?=6D&7YR?(RT4*:HE!S_I#%@"`:+QZ-*>`SC>"U3-#Q`<P8:
MB(R_`HSX@&$-M%JA8GB`X>5<^R\&AP>8*M5I24MP=V7``U0:[T,//,87';WJ
M'QZ@2?DTD8:"?G-1OWMMQE!OR.ZK_J'_UGY-I*&GS=NH,82$O&HSLHHK%E[U
M#_TW"6PB#3UMWD:-X5G*1CAJNAD.N@^SO[)UU.HFGB;I/%B&PLA-3N;*!K?^
MS#\.CWS6KV`FF>QCT,NBD$\%J-W:X$$4*:X`8YGQUX,!*Y8+Y-?2>@%4D_SO
MXX2ZKV_Y550NSW_\DI$9_&'][Y1$,OG'+WE:D/>H0CXOMC:\MHTM]"+(PDS/
M0V>-!FQHBUDHBT;AO!#"1V7/NQ'ST&M/VIJZC=V.;F_G\S)!1,^H$TQ!4;KN
M4FL:;Q$(14%YY9C?@P:CJ.OL7(/;J^*L6=-6()7&*HRN;+/[C<IGXY8@31=E
M3M)+DN9D4M'&(%RM":7>;(`=S;LH#6$)+D&-&/#.U-UC_/LJRT/J5VT:E*:Z
MKC,5H,87(9>+B:_H!N@QQ!8]NHWVTM.6_*6["S,;:>-O!;:6_D1P_XWVC86R
M#/95VI@3S10:F6@']M[)J7];>*R83`5`,%3],Q9!4_7<8D,SNP*9@IH5PT>H
MH*XKX*MY=<8RL*:AS6OB(Q3NP)Z6;MI2"B1(<].-Y@-(WN\/&\B"K:U-6('!
M6?-FQ@X_84C>:R5-\9/;R(1C6[<4E-)=B)P+&*[1/6H\MFZR?EYMN`U?.%\-
M^OUEU7B"MJAC.VO#XS5,68+D+DVHXN25G!2TGST(D*#M%ZLL"+Y^"U%CJ+!B
M5Y8#C]?;^T0IA<YYPRB:0TS7V$*>ZRC@%CP,)K5=%?39Z\R^"KKN<J9W#RUD
MNI$.GJ#5P<:;AT=WS7)9\>$AFJMB"</Y.B@&AT$%D:8K#P\]>F%E[=Z-'A\2
MH+L_!^KQ7?X:2X&OW1S@'VHM8*A'!^I\/$X+,ED+["8>)W.R+@LBVZEEXP$?
MOI=4QG(2;.N*G,"0`8%V)=B[.%GSG9ZR&_O10Q)-.!ADPX!`[]<@]AC-OA51
M8`"&4#!:#?;=I6'/NKPLTK1ZNB.U5WAC*:XC--4ZFLM'8KQ(N(`AV(M5^X\\
M>IH@L,=D64)]\4#&RU+J*T02Y-+Q@`^-]]E<3OQ5H,H)#$%CM"O!R%5E6C*7
M0?8\3J(HR$D:1"\1F<QXNLS[.1#4$^_SB.E]2H!CZ#Z%5E-]>I_E4<O(&?^6
MQ"GL.VD8SY1BA9(Y`&=/O-`CL1>JP0T,':?0K@I[GNB7(DB#.">;L8'S64IV
M*E\(MG3%&8#LGOBG1US_5(\7&)H<H%5QG]>39!(6<VB;778#D-UM;?^:TC[L
MB3MZ)+ZM9.)>ZO39AT[O\W/HT0&M&\%_)D^YJM/)'`,X>N)H#H6.I@A]?6'T
MZ4/-&6RUYUW>!8O]8._=LKS[A&%("NP4[;D`2D_\TB'7+S7E2KT"/NY,6>SV
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MRDCZ6CV(A<KJ4!&!"CP*2W7>EE@I:95PI^W/`??0^"B:(N<;8(ZXA"$%W\/J
MPE#FN+D@OU`M_$K-EYMX'!43N/R\"M*8_B0[:&_-"8B@G';]1M7-2E0KN-P&
M[S`\#&A_??I\G+BN;%6:*K5Q,MJ17V77W,3?J><;1.%_R*06INK2,YT?^(/&
M4=,4JL*J:L@6#.\0/"P8#)WC7.R'9?(]-%!.R3,\!7\EU0LJG876-ET@#S1>
MJ:82>3KV%-B)X8F%AX5MK_BJ'0'>Q-=)2L)9?/4V+O=B^/$LAIV8)\116ELU
MU=XNBO-@H1%8C^9>5E-?.&$D9*S%\%#$PWKN1URGSE1I\0Q>?1*XV,7X#OMY
M;0N<PO#0Q<-*ZT>,YR;+BC:76?4]RC\\CWLUA=[*&MMB$X8W,^TO,)_O>BU*
M\H'D>=71LL55MO%1X&07PSGBY\).>87A`8^']=:/&`\43VASI<'G@'M=C,BP
MWS4[YA*&IT0>5A>&OI'-!?F84H13DE)'/4^JE(OVUAKCX\#9+L91Q`^J6^$9
MBL=.'A9B/R(D*[F.BGPT];82-[X.O.UBW(3][+M=IJ%X=N5A+?8CAG)'TC"9
MW,3CE$Y%/I/J?UL,73*_3_F+Y\6ZIE*T$\<4L0W%*YSV5Z3/M^RFHLVV95MG
M_BY<)H<*OPE\[&+(1?QPWB6K4+SF\;#:.A]R64F3GVK8RCFH0`?PNXM!&O8C
M?U_L0_&&R<-*Q1"^8;QIL9\VVN@CP*DNAF/$M06L\H;YH.H=+*#.AUT$>R0O
M-<GWT<>C"^31Q5`-NZ8"%G;6*_N=W=.;E63`FD*ZL<7CSB/=()0*`4^5"$W-
M09M,NL_?>GV_L[P`LV(2*$_N=M-*]S\+W.QB8(A=\*(E;M7+[ITE#)C5PT"Y
M[%K,,=WY)O"QBS$?=K6.-EA5/PA^9UD!QQCB.W;$V7;"*>O#P-$NQH&.6TC+
M$?"K7GSO+`W@N#^QH?:R3[<_"5SL8D3GN,V(SB:GZJ7VSBI?^&P/;RK-E?S:
M2SX5?9)RT75;>C=+S4E>C0*GZJ7VSE)I3CH8-]F7IOOT4N$W@8]=C)B<.(F8
MJ+"J7FWO+)7FI#_A$H_II!(:@,]=#*><M!E.$;*N7IWOZ_;_V.<=PL/XF4R*
MB(RF6P27U%*JET5EX]F:\D?X/Q+PAK,"+]R>9T$4V5HWQ^*X?S,6+%?"KV6L
M`]!,\K_3U963M_RJBHK\XY>,S.95&_'EOT=)1B;_^"5/(;'W0Z&6W&P<N\S(
M^+=9\DIU"7H%59RH_KS+@^IO?VRT07P+>?L$\[=`K]O(X#,=F8Z+)_(K_5NX
MVTUB\8)HQOG]]2'";:\>;KLR:VY>-:#W<VD4J%)<_1IH=FRJU-KUZV2+OFTE
M$S%4076VP'14>4Y.?&Y09LIS<N+X^F*M/&0:%%&NI3TE1S6TIT2#0GM,E[*]
M'+/+)'U)TB`GHZ<HG)6&_.V6M\%J;\\;0TD[]1X+%+.-G6`E0V2OS&W[RG)F
MK_L-]>5>2%X$T1W]#4E3,GD`IV^9`2[1&OE@(-9[=$O,2+;Z*$.S5^S#@QYY
M#"F5^8EUJ]J-%IY"I5,;#,B\!W'$7.?[G$K0+%:V\*!U'C-1=GI_*RD;<PS@
M\)[_(>8Q7\=$B"P6:O"@6O9Z?E[2+3_,/Y.4.L1Y^*IP&G)&`%G>$Q?$+.-8
M4$(\%GO/>M`3>];V39R3E,Y_3TU-'6T1CJ,.S2?$5O<9U^I6066Q\$3[7O,G
M>Z9W>=*OF;3U]%*B/+*A0"A>L[MD(EM_%(%9K*;@087L]8'\(TC#ZO*N6G97
M<1[F"[EIHS062,5K1I=L9"N1*C*++_T]:)&]OA:7!?5OX_%"R]CAC0'2\!K&
M)=LXYHX$D<5G[1ZTQ6,"\M6_BS(77"FL)!X$2/#:TB67^5Z7$)+%I]4>@M<>
M/?KO#P]Y4-WSWR5@*HR#Z*%XFH2O(=P^J&F;VB2`%._6=LR^,C&"V.F;%)]O
M+:K7V%^25Y+&)57D*5?20,%(P(1WTROYS5<[.2Y[#3K;U[53>][@/<G""9T[
M#*+;),UGP8Q<!.._R.1\!E:)U"!3&@\DX_4+2W:RC3,==/;ZW'E0*'N^(9=E
MWZBD&^K4SA1`.%Y/L62JIEJQ`=KKN.9!LSS::)?)?$[2\1Z7-7T"U6D`+6([
M[51HIVF"M->:S(-*>K34+I,HHN9P6E6P`Z-DG2>BJHW2&0`C8LOM5&BYJ>.S
MU[W+@P[:NPDJ8]=EW>UJQ:I%\?<&P/T*XKN?4^[=CQ".O8Y3'H)G]G1DE58$
MZXFZXEJQ,?4)*-$'>'6H9"A;A[3@H2A7ANZMA,?W[\R+%RJUB\5E%&19.`W'
MY?$QFE97,H),ZR930F#!K?:W^0)#^*B]`7OL)<#V0&%.#CR^W]LEC'U_*3R\
M3*8"U(Z#04H/2"Q(3F#%ZC/$7O"[DRIA[UYY(WMC-+VD7D,2A1/J4DS^4+%T
M%$8#N=X=_09\9MM`ZL#MA<X[J:D>L]?9I-VEX3Q(%Q<DIDHX#ND?E2()>I,!
M<N_!U@8BTS1F9'S`L%MC\P%0%.:Y6*S^^,^0I%2YGA=E'1<%(TYM$D#JUH!I
MT<Y7K*>CPA![%V`=48.3`V3U%;-]<I5.0*VY`+?CZ+*6_:XE+055U^`!AD/`
MJQY@*'I851"J2G6IY;SP1U),`^\!S";24-!O+FH,VHS-I/%905>5UHO%!MV4
M*(43KLG4P!6W^W^;84[AF6"!31A\9;2*=#+PZ#%L$Z1T/K*&``I,X4P+$N$O
M"`$#,)P>%D7J,<BS4S=.R:9AC@$<:$(V`D;S]4T$JV<*9S'^39EV3UZ6W7X@
ML2M4J'&A,!+(1!/W%O"1$]]6`L<ZK__K]S7*KW3J^J^W_W8+/'G+23PADYJ8
M+?@_?_[\C5(4_#9.YK^7N#^'V3A*P,A?F>FCZ7+3#J*;.,O3HJ3U?MG[E.[I
MVXU0JX*36488'8;O2)K3G]`_/BX+B)?I,N60==#_,Z$_BG[!%-GV<25[ZK,_
ME+=;C5/7W9Q:N)(]%3=W,F`(AB/&HTIX3-WV>M%UBJ?%DH'([%UTG=HMK-J1
MJ/XIMJY)+45S3UWW.7(2U3_5;W0DXP$JC?>A!_V+ZI_B:2QD(@W#J/[I"9*H
M_HI*EM^QY,-DM.[[0'_P+:'NS78;"+7F"5:_!3S$D-30`(O*_8BU[P"_W`9#
MI5T87,A?8?U9XEQWFS=T4E<Q]#9JQ:9U7+)?^\;.MA2;IS"=VFT$\,X6$K90
M@9?(H>,J/7X7F7YD08UA&"[(.[GD[-4<WM@B-_/^R\)-I7LRFHZHZE5/L`7+
MQV@N@((LG<2VF-CW4::<:O:`#J<"V'OIO'T7QKPNJZ_%A,$3H[DH%-==2Y2"
M:$WDP%964U8T,ZA0*JO%XEO>E;6UQ"51+Z8F@K"HK8USF'"*V%YEK\<D#Z*2
M!EZB@33!1'4*(-Q[YE(3EK/U4A-^']718OGHYR">48]C)P^FHN8Z25?M@G=8
M3/^)9=<]Y&$4_9-$\OHY;C\,3/)^_=Q$O&S5;X5I??$E?=UU^*R,]HWDZY(]
M5`^2N<R;9HP`#-XKG[F4#C\$P^=&7X*:WE:%Q_OP[>T2=LM1O-$I0,()R6B*
MS7_)-Y=2XZ\6-<Y\G"?-9&"Q8>C]OM5`OU[6_GL@>1XMO<3X)BZ)E*^19I,"
M..\5K5V*C6W%-688ANI?G5Y1]MQY:C!LB'$4LYX;G.=K`/%D653_ZFU<&O."
MA=5X;H#J/0#@4HCL]66+;ZA*<71QF7F\SRYWTT<JS4<RAU;BZ>)F_D+Q@?#K
ML%%MYV=W20H+@@)+9C'LS&O/F>J2A&L6OP0\\QZU<*D-?%/2/A?MU?M_IZL7
M40+_)MTEH;6_L1_JTDSCUI@9>-+;L`B[D[`]KK%:'2!Z$;H=IJ4FP^KG+T#'
M&M;C,SQZ?0GB12:_8O/[&'2KAD&);>L9N.J^HCK-C\,SL^?7O:QY<^;XC;<T
M@UM3;/RUWXP%W4W%1J=0'@.H:ZHW]M$'\A+0C8[40"X6M\&_DO22_M4L21>C
MZ=IB4\@6M?$)RJ7#OM2.+^6MLBH;LPO#S4:'%`S%&6<&H?X[I0>/=C\&G'/L
MVFJ]C+6H#>X6*9.%'\M51T`^RR]T>[FZ+M^@EM;H0!U:7*]82C]T6Q,/[3W2
MV`@B7@9I&I+)QD6`-&=-8320BR9(Y$02[#L7==9\K(?&4K#WT.,Z?".3VR"'
M#FT;G=H@)W!#?G^$\K6A.1.%<80F:\:)A-CKQ(Q-&%)HNKUFCGS?159Q>J4B
M+'N_!_K1W`LZ$8WD8I#!#`S7>QU?$AXO^&[))"SFCR2=E^$PI67!'`,X^FMO
M'0EOY40,L==:_-TN#WM6%KMDH%SSE<924H?]M:2.N):4*F/L-3A_KRMAZ+%X
MU]<DGL$.!RVE%6NX[PX`!&BRC)T(AW]$<+EAKZ7[>UT51S;3\K-P0K\1!M%M
MDN:S8$;*"T+IX2`>"$3V5_&/!/GU"ES!D$/?\05@+XN^=/+45'[WIT`(FAQW
M)SQF*SF'#QARUK%ESAPVME\R,OYMEKS^/B%AQ0;ZAUWT]*]^?"6S()(62&/\
M$JCL2S?4DM_[2LM';2^ZV8:<AHW+7:I2J="48/=G0!^&'A1\UK$5@X'!WCV1
M8WY[C"QOIB!79%V]0:8R79:\8H)_W%PI^5%-I@:N>(]7<T3%]Y4L(.Z,SGH,
M_7IM2G(V]!XLYHB#KY=&&''=&"*Q`ST6JD;;/?3L$%E1ZV;RY2\C"VS"$#/`
MJTA#CP\4K+60/#O&4'K4HD3X"T+```PY6G@5W6=K*XN*WEJC*I7\7@LBT==T
M)-F(%F5J[T["8?_;LV,TMQ("/K+#KFK@,&A5^\]_S7J^=K&LSIGK1J_J&JPI
M'[96VV()2^\1O?(_G\U2,@MRLHGDG@"OZ2%SF<1Y&HSS(HBH<TW'O@3111#1
M6<BHR+,\B"$4M%<;P.\C_ZZ\Q#KZU.7WRSXO6H\^.7[3[.'A9*4-?(/-"0LQ
M',H=5T3\*2^42#3&I1/^&Z6\5%SY6`"-!8`CY842@L;^=,)CQ927B@]=2A^@
M%#>^+G9Y-4CIPU"E@<\ZA?2!"D,WKF(IK1Z#B5C3!RA7\%W35J)RE#Y0(>Z,
MSGITY7RF#QQ]\O]FF2,.:^D#%49<Z0-FEH5JA-/:=X!W'I_*-,6AEWS1X!O`
M)[=.FK0ZHFV9NPME;'*L#\44.Z";'M.$NA/.=?SHHD':4'/INUO-&\SK0S2F
MU679FN/<Q+UW7*?#W[+@^MYL'GP8D(;&A(.&]-4]Y<;UYL9UYNJF<^?>6!".
M;#0O0/3NV[L2'#ML:8-??3@LO"PGCY&*';F7@BWK?&55.:.S3Y^#139*;Y.4
MW`59_KF0':4&,U(>]*<ZR*YD^7::.:<^#BXS>9@5";%R<*U+7&SD^E@\P)CS
M`^3>W#3O"M+.02;B&X:G%)U<9O9NH(&85R`F*<4Y7HLS68OSI1;GO"PVEE.!
MQI!I*%E>QO,"Q-[<;>\*CK^LFO(+5]F'#BTGHZ""RJFUGVMJ[&%)IP(@WM];
MNQ*/TEFDRJ(^5`WULDXP-`/DV/(KV9_/`=)-_"V)@_$XI1LHM&4KE%L"FLX/
M_.EE3$/\+MT6W_I0JM3+FK18!EZ^FS9TLI2GI,!</\'UM)CX->&;L:H/!4Y]
MK!^+CR6E$MPIU=QDW>Q,!4!Z&8?@O\$T9%$?2IYZ62<>\R%XHOX<3J<D)?%X
M_5B\WB37-K^FX:<Y.7"FEY$*]C-1JTQ;+L6SCZ6H*1J/M>8,KE08RF'_AHOQ
M$>!4+^,AXO9U5IE7WSA_^EBCFC+"$RIA;\XZGESSB8$CO0R.B$O.-&98O?X^
M4CYTY>(^++(AQ.:.'7\R"N:DEZ&08^U0B)1)]7(9^"H]LM$`\UN04J:$K\1O
M:9!2%%#6*!M-88^A%OG5OXNMMH,*Z>**L_PX.CCPF&NE0*72BW'E>2C>`::R
M''IBXI];N@S`D)CH1?@.@H<7)$I^7B3)7]5_+<!.?WP.XFNZE=R1=$SW%GD;
M5NW)``R:`**N""2GB"X3WJTVV\LZOTS2EP1L@M%3%-*CF^J05&FY8X`T-,Z#
M+D/9NBG#BB&3QXL*.C#;MY?_EY10MJ>6=E31;!2.ZYI=CM16;IAK<P%#RHT7
MA?99;1[B?1?!^"\R65.F5!%!,!(PH;GPT)4$W^*5(\;P),"+!GN\;:BKF!DI
ML7@P($-S.Z`K#X'GI@+:7MI]_9@V+.,>E6"K/^^*M/K;'TJ/U)F_A8/$6@LW
M`WJ%"XOS:Z#9L5>E%!\0,71?E\1@[)<G:E$8]MY-K)?63?P]I@90%/Z'3*!T
M\EV2A4H.C^H40+CW(U?,5+:YJ`FP_<)7#=[X'R`OX7>`MX3?@6H)OX,.E?`[
M,"OAQ]Q;;I_"`"($TAUD^X=`A/<X"8<S[`V"23^&\-OZGFOC1D?_'I,UF*)T
M\DIVNMYM1_%G\@([[)]A_@R5WY(BNR>S(H))%^=%_IQ4/U2ZJ#29&$"B"2<K
MR4-V$]F`"^]`H7T6RZKDLAC]C,F$.DYW$9G,Z)^RRR2*("P51"LIRG!J3`6H
MO1ME6@+B.XT&N#%$0QSKM+U'H9=!]DS9>IO$9'$;I'^1?+V9;+`X23<<M%E*
MB.QU3:-Y`2*:`(B2-#A7*1:8@*L.@1-MMF>=_DG"V7-.MX=7RM@9V2@`<1OD
MY3YR1^B9.-D\,MG>GT"U[7T$P'NWBK7DQ-9SZQS!<,?H6.GMW2:NOR`/:F3_
M3842YE7RURHU[%L!ZC&:KGY%MR008A@7U'Y\_$FB5T(WL?RY$J-@;;1."V4E
MQM>8`JFSEY`OQF&X_'2[TBR^HES>'M,M;G,G6]TU7[V-"9F02774BZQZL\D`
M3'<\5_[S2&/DN![BNU#63RA*.S^F`93TV<C,C"=E;YOE/U2O=?1JZVK,"7QP
MZ[]JE%\7"$K@M3:`W8<:ZOX5Z,!GGP-Z-)>"&KT0R+.GM(WI65T2_5!)3J4,
MNMHL@-7MH="@I+.^S`1K2HL?*-SFEO7`9]>;)24,&M4:X4F&4W2N.]OH-1G5
M$HHHO*F$&T68OF5M]EG5P;TVNZ[,L-9F,@V**+>ESN+:"XK`4:BS^PW+GN-9
MGI-?P^`IC,K66,FD&.?919%1BS23]^=4&0X$XW$NU;C+=B\UT*)01$Q6L\<]
M]R:>)NF\?&]RL;A</="%G-/Z$E#A?%&<!;"B[0^D+S/^CJS'#PQQ][;UP&<W
MK4JJST'\2.;PZ"I=W,Q?@C"%S>\R)9,PA[@O@3*QR2R&./!-?!6D,56";`D*
MDCXV@Q1*IY>S[P(_6[-L%.QT/37@+R/7#,-P$+6]\'S6BNKCPG-=44K/I=#3
M`S\K[]AJ#N^'-F[M:AY7-]04RRDA5>Z!YMLL\6!`AB8UR;7\^*M2B4D8EA8J
M[\I>HA,\R!M-OQ1!&L0Y(8)SF?-K(,=MZE%[#A`W+XF/N]E-LC.16&RNN/,!
MX7G`_3V0Y#A!3<F<%W-,2?A;@)KM3,[$;U:9T:GX79=&5#,JQ2S3D_]Q*_(W
M7V_V$@,?G\-T<A>D^6+YF225QXKY@R!_S7NJG8QU'%V0@?HP578241I?);?[
M_/[`K6*V9LM\8JJP"#6NURX(--=C=>.V"UI^ZHD%_TE8J5B/'Q\[^8YWU%HM
M@"85"P[<QE3:\T6YY0/8F%GI]^Z+`F_&>\(L3\.G`J;=RL9>;&9I2^M5#J^3
M]%SPVF"40C%QDKZK@L,#GU>+'NIQ#5!=_>F)J='QL\4`#`>0%^';>Y3,+MKX
MF%R'4^KOQ:J%,76F`0!HXOJZ;&<[O0;PWZWNV@N\;7%]D]&/"3T5XWRA4]I5
M?S(`@^9)L:X(%/18APD87&,OVFPOA+C!^SU>5SO)PD"7E::B0/R'&TW9+]5D
M'19@>,OB0X\MUJ+:V4-,E)8M'C0IT[J,5=IKF7@Q)(EZ44=[%3H1%(`?X"D1
MI2L$MNJ:<\%>#816+ST&9F6@O):Y';BNZ]2DYO"`7<E)#*;#-8<'%BLOL2N5
M;!L\=4A0?@EM,!O`\>[XB%G-WK?,L6+PUIV6PQB854FRU*+B-0@C".M?)^E#
M$)&-L.%35M:WDJ"33T`1=J=XT8!=O$@;+0:M;4FV'FM0K`B<)FFV16##JE('
MJIRQ_F'@*!IW2UD!%%:,*TZ]HY7FLY41G\!YDN8@P\LD:P!S<Q;`BL9O4Q:-
MT:G!@(TAH-N20GM\/<,GT!@9($)SNZ8L`!.U72+%$+)U:YJ;Y:K;>]_UF-SN
MO3[Z'H^C(,O":4@FBJM19RI`[=W%U!(07X,-<&/8?3U*WJ,KRB.UH9UHR*"&
M7Z6\/$'C]!HH@?Z:LL,P#-:\O^5WXM&7YI%JB!#0H/%C#<2@OP"6B-_W`7+B
MT4?ED:K:?48Z'O"A\4L-!*.OT[O0^V_QG]A+\%3(+;^ENC,OYH)+(O5)@'@T
M[J<2G]E71=J(WX%2VKO"5.%N\&9!*:M)@/CN>),GW/M+;<08\H?<*F7S_JN]
M>'LV<-SGM7$5_P&[VZL-V!]5_&UPTJR$KK^,+,<5=-MZQCA@%]<5H<;@VV'2
M7)^U^%M_YMB/X@L#<:E^/7ZPHG7N'_:NHX@;!]Z:/O!E><%("N<FAI&3B\5U
M&`?Q.`RB5;64=_5N]Q!Y#0G;F>V'CNM(.'JW>]BX;,06`S#$U[T(W]YKL?,H
M*G=7Q8J;HB&4,,<U?=P\4#AD5_!1@(K!+?:A?SX[=97G_T4P_HM,-*O$"D8"
M)C3W.[J2$.2\2!&_UQW49]>,VR3-9\&,&"FQ>#`@0W.GHRL/@5V@`AJ#.^M%
ME3U&+B^3%(I8YV2C1KRJ)@O'`BXTUS^ZTN`KL@IF>Q=`+50!.S0KD&U"9?59
MX?+9_1G0A\%/XK-N7U4X&.R_673$;WNNR>U3&,""H<OM6]F4(HBDO@EW#"5M
MX-TYX?"+[7O(H'1%(P;V2D*4OE@5\E(HB\SX-9#CW<[G\(BM!7P0&.P=IW>R
MAX./SNH0Y#X<(.^L7@K*^IUL"?OC3M8*)SVZ"&U?!`SZ49:VE)F%FZV2'QBB
M/*C6@\?+HM5%'3W4Z0ZEV(.;,PJP]*.@>"D3OKZ+\6,PA:S+U6,V`A50G$VI
MP4DE]D#2UW!,Q36:,HC-EGL0ZY^4(ETV/T6Y=NC8Q].Z%A4+EZ_L#GB"X02P
MO4(./=Y"=7B%./9_]5J.BJ7;WA)!<A768;6R5VGQSS1X>5&^&!.,`++0W(8Y
MX#<[8B1F!@8MQ^0*-,_[;^.6Q7%6?FM&/CMYGX^Y]X^A#@\]NJ+\DBCKMC#L
MS%/51Z@6O@`\ZLR;JU*<?*O%'CMP;>-.%H;%'$<NV[^DE,?;'#\?CXMY$04Y
M=-[>H$V4$&EC?@K9<5*^53WGITQ:9`:&N(Y;+3=[+<74\J]A\!1&]/RDC+^,
M@G`.1_'R#Y-_%=7'K]Y>Z/E.!,\&!'INZ0L`V_LEK):$V)INEQTL4\?7ZY-B
M/@_2Q6CZ$,[B<!J.*9TW\4N1PS&5A91.6*Z?24[2.:4CGCT^DUL2P"PP?C2]
MI#\(<UC@U(^)-[*DO#Y)N0_BF:C)]][O?AP=6<RT+Z>5]IC>^!7]O.M\>JUP
MYBY?V*MB'X"#SMU&O/08+ER6>%#+\-W\+=#M?:]D\U)P.<E`@$4)O+9W?%-7
M@LW?`MW>XUAL7HINJ/<18+#GJN`$U.@G<\C%31<W\Q?J7<')M7ENW9-Q0D^_
M_\!1=Q6D<,PIFWU6O@$\0U&4H@D:O=!=XR\!SSP7L+`I>_[JLL^S/F1:=4Q3
M/8;^3&QAQZGT#8+0MJ3!7V^[?,`0?^O4268QFI=EQ?RE#(HFZ9;;";[V.">3
M!TK':+HD#`0GBMWIST;A^']*X$)`G(">,8<^%HF>#"R^E/B3A+-G*IKS5Y(&
M=.?2DJ'HIKW)O`#1NS/K0FB<BW@+O/KPF#2E82\-A2^ORR)-Z1\>BB<JGC`N
M'V=]):\D:G#:2.8$:-Y#`"Z$I7OFJ/$)0]Y`IY:-O3K!RKL>7Y(VSA_^[``7
MS=-RFP)L>`I).8:AVDVG%I6].L=\J=VEY"58P)\?7@B9F!]`K(D`!)K<&YMB
MT3UU!,RQUXGZG:P*>Y$`Y:UM1WPVSI>=*2DPUT]//*P4;DR@(9N6:^;85Z[#
M9Y*&KV4/GXW4ZHHSZW_*'I)HXC=CX2$/\I*1%T5&Y9)E#U4`7N7%K'`LE<.I
MQ^OP)2E*[Q2V?@MTM_9^12$E0H7)@DL<!C0,,3.':C?T>>G10.V&[=414GDV
MI<)E9;T;8KG0:+0MV`O\E+EZ03PFHQ=ZNI7]W*0OD+AC@#0T@1L6T]@'O`P/
M!G59']6J-BQC!%5_L]+1*A;I/0%&4[.J[D6U9V/<Q/]#@E0CXJ$\)0!#X[OQ
M&:]D7^J"[I-V^DQ;K-A\'V9_;=)693W#4Z]<]1V0^D2`&,T=$5\B_,-5&RJ&
M6+6UK;1QT0KMYB]K0KXE596\\WE2Q+Q.D))1(!,T?CR?Q_OJIX8+PW6B)5T[
M\ME>=DV12MK8SJ^!=K=;G#1)D<]1_L;&1M'=M,'&,O28G'OUEI.4+N[E84/I
MBF<7BR]I4KS`FVNYFRZ?`!`B>W7.E@%?8Y5!8K`7VQ'I*5JE5?+Z5:8`E([O
M=[5BA,IR,57D+=CO1I6'/A]'M*;*0]=5\/7BCLJ"::K+PX-.Z++53<M>&&KS
M2^=!((U>,G\/)*$)(&GPD!U1$D%\9WIF[P)^FZF::K82P1D:AUN#@RI:MH40
M@^O=GI*=V4MEW_R2GHYM"`!-2%&#?W(5VP:((9#8HH;9N_#;^M+3DY:.K7X/
M)*&YZ-/@H5S+=B%BR`-M4<_LI49O?8E$R<]US94O:3`A>HK'G0"(1I/@K,%E
M!4V48<:0C-DXKN@S0\9APMD)LN?#;,[S'5<5?!B,O,;ZY['P_-Z]_L4"*B.F
MP3B'HK@*6J@P`UCP;ET.&[HHK!"OCA*#4=B65,\\[IQ[%&[2IV2/*,P`&#'T
M,]07BX8J<V%C"-.TI,I#GW6J6E+EH>N:5GJA;76Y--3EX0&2_,G6MBP$!D6I
M``\_@Q>UUL3L49!\@R96J<Y[N;ZR<;XC'1U^LA>O7)9Z!78JYHUO_1B(01.M
M5&<>VWGGPL/@*+6F6Q[/\O(IX!Z92IN@:"B@0A/L5)<"?R=4`(O2DW*ELO:"
MGM^2>+D+[)TVV1\W5](=4FD\D(PFY*G.8O:FJ8.8%8OW_I+V6Y"FY=_Y?3UK
M*ZG=[*4L^P8@R)XODP@:'J1!])BL/W@)6=HD?0E2>"4@BMQISP,0,.8;#]FO
M8TWQ^<A$QB5DCPEQ%T$$KP4?G@G)2PR@6?)@"&\8H$&2?&PJ";ZM(0&-P>UR
M($Z/00`664K&$G\@1>0Z;4DK$BOAO)XR;D'$JHX6!.C;+]MX%JCND>T-`B1H
M?#$IPR4N&`\=AGB!(RVTEXYY2[V%8OY(TOFW)%]W8MSH["/UME2G^'%TC"<4
M*N4OV\C4Q(HAM\21"MIS<)AOGJ5:)Q@%Y*$)ATJYR%8T.;P>'[(>[^1W%KA:
MXQW6&,"!YBF$E-W\(U8$#D-6IR,5].@7ER=*U0-9W<3;_#W0CR:R*66SQ+IC
M`&L65<<5?_&XU;'BL%"#1,%I%PT%5$C2-DTEPE=)!>`8W`YGHCTVN_2VC4K[
M"DLT%%!A*A"I(`$5!>4"Q6`X.A2EO3<^5_3,F4S(1.J+;/\0B$`37%'@%ML!
M86+"I3J-KNB.+=Y7+_LR$S)ZBL)94)4^K'I9?B/0SKF\]Q0HD-H$0#0:NX[/
M5+8^:4'LE9[9>Z._F1]`Z-K\'E,VW9.P+KQY/DM)>6LI*@ZI/@D0C\:%Y3-7
M%D!1A(G+;FNH<QYOSC9/G-KLOH?2G(_)/1E#JWLPR34.>?XD%"GRRGO'[,I[
M1C`Q))/94E"?%4KE3'\@8R@9&W+;VIE,!:C11*7Y4FFBK'M@,00(K:FL/<?B
M6P$2&DVK7+V'XN4E2?/S."9OPD:*HF%`($*G8Y>![+-:`1B&FS1KFF3/\U@5
M!M96)LE((!.YK\&N&::.C=51IK,JY<+)*$/O&U'2!774RBI%97E@61UOH[D`
M"G*7@]TGHPG:I2*>]$(1[:6FK#^PL9YW>$SY2M?X/J.5=%)_6@H03QMOO@!D
MZFD,?*FIIWW05(N=LS<N*L_CR0Y+LS]"<CZE_&3M!_&DCK.6)G0F.K$M?@7@
M(_=%^#VR[?-AJ=9GO5!K>V[*?@[2PG2K%4T`1"-W7?A=I[4@UF'M3[U0-'M>
MC.1D6G'6_FDOG1J`(O>#^'V<+8&OU;87US&'EH_]S3X]FZ?1QM];-0!L?P]8
M@MP4.!2;`HXX4FM]+X*79GW%;6/@^QW*H/A3`$KDH0-V&W$#D+5N]N*RTJR[
M=RNZN3HAF^GG:AK86I#'#]@-O`V!UGIZB*K6P&.2!]%FC#B9OP3Q(MMU)>G1
ML'&&7"S64]!_8>4U7Y!IDA+&(>.WJ('UE[G'/NO-.DGX/W9<:=;6R]QC<;U9
M*40,B54.U+%O#\6/'1>;U:QS*&&]H3YNE)I%IX\6)(CZ@>2QX^HNEAX('?/+
MO<CA]5BW7,9XP5U6J+$E'@A$HHGI2GFIH6&["#%DC3I2,H]/("V^PCUVW=C1
MEAX*GT**P&'("W6D@BZR6C86LW:I"XU9@'PTX2@IES5V0"%<#`F?CG31HX]A
MX47X,9Z.>5(V\[=!'C`,V:%NU,Y)G95EIH26E;<S!DCKA@NA4F.%#0Y#@J@C
MK7+A0"AL4/P!0%0W'`9^`SPA,@Q)GHZ4R44B2,7!!@:::`(@NAM>`;_'G192
M#'F;CI3/GHNP85RH'(VLGP-!W3#ZV46?)+APY4G:+FWBL^?,YMLZJ_4P3ER7
M7+19VD3<>48!*(:0KT-1VFPXDY.4'A7W04[*)@'*M4XD(X%,-'Z!`C_9>Z`:
M2`PFG4-ML^<CG$=1>:I(E6O[AT`$&I]`@5ML76)B0I92:UUW[+D$-?N4-RCV
M`"`*C<FOP#VQ+C&Q,9.M>J13"#JU6FH)>(*QK`Z7Z7R+3`P0P]6H0W6T]]!5
MU+RI4:^KE3@P5LGA<I6]]2GCQ'`%Y4[MS`KG^.RR=H*QZ@V7M_K*MPL5PUV4
M0_WSV`!EURM3.H39@P!)5UP+<?]H(;Y^QT,LUM'9<_A5-D#^(""N*]X&OXR.
M%!^&"U*'ZN73X2C2E,3CA;JOL3<`$'3%S6#7U)%BPW"MY5#_['D8FQR$Q[#2
MK8T]@!*%L?P-EWOL;4V(#=<5EVV5,JMY@[RM^`G&4C9<]O.W.064R`J(6%=/
M^U<.*G;<WF^!E*YX!_S2-#Q8R!Z/6U<BFUY!Z?.K!>+V?PS$=,4+X!>1X>+"
M\.[`4@V"D^;U,3(R_FV6O%(100I6A:#Z\R[MU=]N$/(M`7T(HJHZ)(=^R2C`
M@-#:W^7QOHJIX<(5R&BH:RY*9%8)6Y])%LYBZJY/SK-_DLDLC&?K1!N#@JV*
M$U)0R,M:G+#+6C2&C.N.JYE>6JR,M<M3NJ:MJZ;RG``-H8>PRWHU[=1%W:=#
M^M#CW8.D\(V](E8GAP@]CUTI\)U8#9"X+FH;JJ:+-Q`;CRXM[I[:LP(\A&[,
M+OME^Z<I;ESWN0W5U/&#:KOGO,G$`!*Y'W2H]]Y:%SJN2[F&^HKB249+I0%/
MCI#[4(>62@.60'$ESS=3TR,4W<Q$O<DYOP;:W;I&0129J-J18B>R311+C?JU
M#!(!09/\[^,DSLE;?A65K1[_\4M&9O"'];]'248F__B%[J6DPS+TZ!A9K^9W
M<N36`5+N'B_F-U\[)=!PA8P,%<YC;:BE`53;1&KJQAX$2-QZ-C:435@82@@,
M0_#'LK@\YF3M$Z5T7<D;!F@P%9T5\EQ'`;?@8;BXL:R"'GT2^RHX1%5H5LAT
M(QT<(GD5[D!R7IT.04!"*:5+80;`B.;>1B((D:^B"K2G:NK1-_F6Q),5^Y74
MDC$",*"YDI$PFJ^&?&!]\$>&'OV1-366"]*<#-'[)D.A;Z(`C[7G>>\/<C6=
MDG&^&;S<^,=1?)G$61*%$UA)#SG]O]7?3T>4G>62S/RV^W"FD*<XXIR6$T9/
M'4=`;59(.E6-BW*!8C`R'"HHB@P1ZPKJV/S0\]$41&"NH7U_LWKJ,W)JN8K)
MJ>/8J;7D]E-Q"%4,L.?J:"\AQ'D5DU/7X5)[^L;-\%#&B<LKLZYV[13/L5C%
MY-1UH-2>\AF5T-F%BN'JR)W^^8R=6JUB<HHG0JK`<OX9+,2'*U'8NB[:>_1J
MO8K)*9[(IP(7V;N>%!^N!%_KZN73X;!1Q>34<1C4H@Z*W0P>-EP)N];USYZ'
M8:V*R>FP*Y[$D.M)"+'A2JZUKE*^6W&YJ&)R>MP5!V,H;]$E1MGKLDVGQ_:>
MT38L8G)ZW!7GX)C[_I4'J]=UFDZ/;?H$#6N8G!YWQ0<X%O@`'%S]+JAT>NS3
M^$_F\X2>`HN;>$+>X,J>3-2[^4I&`[:NN`7'8K=`"2BR?A%?FSR7.CWVF,3=
M,-/H]-BMYV#V7*KDJ,JEZR:*=_M<ZO38H_]P$X^3.5FE#7W=>!\D#0%S1U),
M)VZ]A^:Y8B7710%@&3H,%[&NI->\_)AU3$KFAW`LX,+TP$4N`FWUW`+::P7%
MMV5:45#79<OT4JOD,C#7T$/<6Z@=:=H+O7R/4Q)$X7_(Y`N=._N:9!G)1O7]
MN6KHSV`F@($F;*/"<+;';8:Z]PIJ+ZYSO\_>\WA2QLH>2)Y'RZQT$XUM.C4`
M11,S4A$)6X4ML0%#)I=3G?888[I.4A+.XJNW\7,0ST@MGHU2-&$<Q.,PB#9>
M<"C%GQK,##Q!$YM2D1[?J&C.!0QY9$ZUW][UMA&SS_,\#9^*')SLQT3EHLCF
M9X`!:*[2543%WND=L`1#SII3O;>7P5LG:%6?O'I[H2Z3/+=#,`J28-%<IJLP
MDG=I)4.(*W/-+!A[@N)-H>V':"=N73@+X=@3Q9>$7'@8[-K&RH?BO>#&H0*^
M!K@:%XOE2_][$E5OBI_#%T.UE$\*G,!>=*V4E9["*@/'8*0B4P?_!=XVJ=(I
M0K(_#O`X=L@:O_%6E@I_"<CP8PBN(=-R_]7D[&IY:]=MI@_%E<5BJ.9(KN&<
M"-?C%9RE0DJGIVC<,AFG^?K'1]97S3OUZ**M:HDO"50+WC('`1(T-VLR?@MB
MLB)PN)RRKXW2!$_M79;5I\XHWKBEN2?C9!;##<]-7,58!.$FQ1F`;#177WRV
ML@-.>A@Q[';65,VCN[/F^M;*WN;\59#&=*W+T&G-!;C1W%/QY<+?"4W0]FJ#
M1)%'S=HUOFDT0^.,!WQHKI;X_%>)2(D1LH)/;99`K#;UQ^"-9-^"-"VI\UO`
M\(\@#2'H5U^`7,5YV0GI8G$9!5D63L/J#F4T+?]EH1`B,)GRQ]'9F<<5MDL8
M$\)"R;C7F0I08\K:;2`Y_MHT8`@&<\>C2E@MV,23J4JQ)O'8'\-/G]#$&`QX
MS#;,56%CT-&'\3.9%!'AP*4DJUS5*<X"7/-HNB,ZJ)"5BM:3'W^C;L".9HM!
M=^N26?*JPX%XC^&VUE>OVX`<]SFEICCX"JH'U<>;2V^:3,\DCYI<%7$O+Y^6
M_@T4`(/(0#P.H[!Z6)-?$RJ0((+TK((2LMCZL43++7P!>.0])*TI4/Y:L,>0
MCN[=E'BO"453DJ9D0EE9MEG/5*(P^T,`A?<0MB;+15$8+L)FH4"?2N:UV\D.
M/S<[5>OKV_9HP.8](JTI"`W58X)MEGOF4PN]1I]7K-U@JKKR;0P")-[CS)IL
M5]*Y?8S-WB3X5#6/J2_PD+6^3:)<O2`Q58X\6UDM=R0.(B#X/)ZL,%2Y^A)]
M;#`SY<F!]S"7I@#Y2MN<$<T>0GC4[`.OKQ]VSB>X0:V,]"A*?D(/:]WC?'\&
MP-@E#^=`\BQ"%7"SHKX^-=*C![//S5V&7Y8/]&[B\WE2Q#)K4W<Z0-\ES^=`
MZ/D8HF]6.MBGXAIY1>Q"T\%+F`=1]>;_,DC3Q762_@S2R1U)PX2>0?]#@E1$
MLMH$0'27W)T#IKNCC;=9^5^?&F;OK3==@M77P,2Y2Y-_0>`LD>J5:!@0V"5'
MYH#['%L!9;/ROSYUR-Y%^FWP%LZ+N:$J*8RFY`ZZY&4<<"_0U<$V+`CL4;,&
M]HI?[9FYZVI.ZT).KY2.\DF/@'2]B0!$EWR%`;?ZE1'NAC5^?:J>O4S]FE'P
MR3TN"B@5C@,2NV38#[@I^BHP:SWJWL7&P./%!CT4*&LSRM7J?V_BFK\;";(2
MAU-I#L#9):M_(+SDT(%<*V;W[CK,ZO-RJMWL,NQ\/"[F103/":OF*<G\)27/
MD&957Z67+V:#")QXN#H:32E;J]MV$3C;GP)&=,G#8)?T=<B96L&[=\/BN;[O
MCC`VMHY[,B;AJT+.F>(L%*OKFK]V=5A6]%<#=*V>W;LFL5C8=Y]E="VO%[C6
M=KHU$LCLDO?"K]VK!K36INY=<9A5X;5UG3P)LZIP()G4;Q-'TV4%PH?B*0LG
M(<4@M375)P+$7?)^V!5YC7'7>MJ]&PVSRKI,@J^R/)R#<;.1&+(8Q8K,7`BP
M-)P98';)&V+7R[7'B%I;NW<[8E8)UU$JP\:%5'D=-:VNHS12Q,3S`-XNN4+L
MVK>FL&LE[=[UBUG96DNM8U\(O*Z.9[I:R1]($?FO=*O)?KX:2G'6&=O=NYPY
MPI3G1?]0->C=XG$9]M#='P53`>HN^4-'>IE?<N2UMG;O/N<(TRL6-J//(TI^
M7!:KN*4J55WNVM%>YM3`E2XY44=ZKV+T.5%K]Z#=NB4714919ME#]4HR>RCF
M<VH]CZ9W*9F'Q3P#$YM,1O&J9/^7(D@#RJEE^O!NKY:+Q1>2S-+@Y3D<EVPJ
M7Q-#K6N_15"6`._)2Y+"F7@34ZG,@R4/E:H&J4Q!I6E6@9VY/6T+X1O)]Z50
M2@!BZ'6O7+98!)N8O8\`>.]'E(&TV`ZH=;Z@*"?1WC+P>.BM7Y$+B+U8+/]1
M[PF^\HS``[='G+2[L8:H^(>;.?3NMD1&HT`>,SA6/5;6!WH0*91<X8X#/&CK
MJNA*1;!>)/A1'`,N9.LQ8+D4T"952F6[N.,`#Z:R;3+&"]11`K&WZN@Q-.E"
M'5W7>M=K1B#CO)D^8JGZ[D1^C4.6&1G_-DM>?Q_#\[)T4<%9_L<NDN5?__AR
MP2%Y_0.@#9O7QN7@OE[M`<%0DMB)`MG+"K\JTN2%7+V-HV)";9WO5-1D\K_I
MGZBDI$4CY8.!6._!/566<FZ?54%BZ'7E1-LL/O\D$!R)SN/)0U+DS^=SDM)/
M2?5,-`P(])[FH,I&MH8IP,/0C]*);GGT%,ZS4*QZ^S\$BKTG)ZCRE6]X[0%J
M5E,!L7K9>Q-:WC_6UQCR>LJLGU."SKSG%*BRC;U5"6`U*V^`5X?,BL9R,J27
MMWY)'$31XG/X2E*HM"OI_*4R%`CMA.G.+OJJ`1%#_V\G>M;XEL3$*_S^(/$*
MOS\`;9VPX<^8-OP>$%98H<VV()?)?!Y6[Y.IR0?WA=29(/$XM-PFI%:'"0DK
M5:!_V%4#^E<_OI)9$%W)RJ@S?OEC>-"\O9,JE5?R#@R[/P/Z,'2GY;-N7ULY
M&.R%PASSV]YSSF_+DT#>NF+KAT"$=Q.=PQGVN<>D'T/LLTP6W=R>OBKF!?`'
M4G0^+S+W"%.YKV4/`B1N-Q?IG;Z4S7P/4(BINY?UEN7K,3BQ1]3%@NX3U'H8
M3==_K=+V1'TB0.QVY]2^E!>*1D.[99A1[K:M2-QG!^)M0I=$*OE1@I&`R;$C
MK'5=KRT-5;5FH7Z_>NRSM8\K/78=T-&[Y]<6AZDBGZ%49(O;D[W;VWL2QAGD
M7\@#B+L_!4+01'7D#&.[3AQ0^+2GL2G:.(6IE6B0V]L-B^8C\X*##PI#(HD;
M;]SB#=DEO,J??B9YFH3Y]WR67"0Q]P4N?P"<`&ANR:2\8^]+0F2^X\\;A8RJ
M/UZ0:;+UUVU&GXWBC$<6"T;3.4F6AV/I";K]0R`"89SQB%_\F4E_1P++1Q:K
M.R\+A$CEO?4[2H+_BLT<OK#%S2(?PSFVRA=6/;_V!P`:JW7+6)N@R%Z3#0,"
MW3IO\@=?/*ZQM44!#9H6JXX$9L\MXWQ)8$]+1@%Y;ITU9=M:D9-:6K8!T4%_
M4B?2P'WO?>2Z#K)2"%2-C6P_C(&G*ZK1^-;(L6JT]IA-%%54XZ.:;B"YP+%D
MV/BM%[RL1'I-A57YO05U?9?EHY(XVQ/6U5N>!I3[81RDBQ+#MR0&JX`J0U0^
MGJTJJ4A8X?#+E*?^ZQ)+1<X/EKMGC?^`Q*IAQ_D<WES_ATPNDRP_CR?709A"
MNS4RFIZ_!F$$%@9U;!Z"B-!__2>))H_)+42+Z8:PGN:.3C)-HC"Q&LD(R_FK
MU53]>7<=57_[8TV(X"!A_I8*Q.QVP!*]PK.$\VN@V?%%@I*U(6+H_NH2@[$?
M%6E1&![SJ[X_/$)=ZR)=T-7Y)7DE:0RT*;VR$8X%7-Y?>8EYSM_!59!U6N,\
MYDE]?RB/5,BDODN@)_<XB!Z*ITGX&F;2ASIZDP!2[Q%?L11$.J@!T5Z8T(,R
M>K2?ER'7]1+_3)[4-C_!2(K)_WV8F-]\M9/CLO=JNGU=\YET=)FD+PEU``AP
M](&,P00.B=I^)QP+N+R_)!/SG*]O*LCL/2#SH'$V<X>R<$+G#H/HEOI+LV!&
M+H+Q7V1R7N;@*"04*8P'DKUG&8G9R8Y4ZZ"S]SC?@T+9*^[`9=DW*NF&.K4S
M!1".V!TXXY9ZT`1H[UV^!\WRZ!7`$TN2CO>XK'U.JDT#:!%[!F="ST`3I+UG
M_AY4TJ-O<)E$T`,QK7H5@WDR>HK"F4(Y"8T9?@R'GQ#["F="7T$=WU('#3OY
M>-7!X2=[B2ME,8ZRRGRU8M6*DNP-`*+P&OPEP]B'J1#.4D<,&^EXUA%[5OYM
M$I/%;9#^152=1,DH(`^O15^RCJTM<DQU#-:P"8YGG;%GR-^1](7D11#!'GP>
M3Z[^783Y0D-]U"8`HO$:\25#V9JD!:]6*J^I";R^)A>+RRC(H,C.>-F>0_KR
MH\F4P!*?7L$.84P(XGP:DZD`-:8"T@TD)S#>]!F"(6?'HTIX]$78I-VE(33\
MN2`Q5<XQ=,Y4<DOT)J/(#[Q[*`U$QE\!1GS`L`;6G0\VLFT>R$L`<?3S<5D_
MBVX.M\&_DO22_M4L@:Y02DDN-C\!'/-XW](40OUW:G7BK'X,.(>I)()%;>`O
M1R<L[,-R]:R('GM!78=O9++,%E0-`3/'``[O/K!3$0EN]`4,P;`\=M-$UV[9
M^5-6=F:32%P^`:"UYVWSO_<E3;+L>YR2*B+ZA8J'RK.8%Q`FG=S$&WFS`F?<
MROP`V;NOKBTAMOMNDR$8'E2VI/'V7EPK"P"2WEUJO&A^@.S]3D];0@TU7H$A
M&+I<M*3Q]IZ<[W[OLN)P^$K*.XS'YR!^)'/(7$H7-_,7>HX#R^$8K^G24'?]
MR2E8_X_;M66CINO&W,#0<J,=13=[2^\<X>93('.8F[,`5N\WG=JBX=OB>K#?
MCW5N]I3?-4)C9(`(C;NI+``3M5TBQ=#B8?MMX9K$[_%X&34F$T6=U9D*.&#/
MM^1]></&`^-OG,QBV"S^F430XNP+/R[4;%(`A\:+-)`*V^)HS`\,3J1'=;?G
M6)I)`IP>Z^H.DP(X-"ZD@51LJOL&/S!XD![5W9Y7N?UEJSYETZDI4#Q%%PPD
MI*+ZQES!X%GZ6P"''KU-'JF&"`$-&G_20`Q\$UV"&(,KZ5&#/;J7/%)7=W^&
M4%?C`1\:9]-`,/HZO0N]F?>I>>.Q5\5F_4]?)66DFD\,@-NXR!30(BO::#XI
M@//4H,F:9'2O<Q1Y@J:2)T*5\9B?W)U$O$,D?:*LB)M_8ECDEH/BE0@7C[4N
M%:W46AL>(>E7887Q^VHL@MTLYM@1?3SRZ&KB>7)SY-9%;4_+CX0N:P/N-(M(
M=LSB/T)Y.6KS^O?(N_]J35!&=__;G,!B>;2CW!Z+7_H+2!UYOU2U)CS]\(V`
M)RPCQU-A8_J7>1H^%?`!>B)!+69*9Q%$-2"M`L=6ZAKWP+8Y]EJ!S]?;T>/V
M&H,Z>TY\+*GCI\\0#'<2'E7"HU7G]3GQL?_Z@@U$ING.R/B`80UT)HIY;%;[
M$`>7+GV^XCQV77S1PW/B8W;11J<L[,-R]:R('J]K+#XG/O9?/M*IB/CK2L00
M#,NCE8C5B5E10-<(RUKM*]%\HV[P?=4_Z/$GB5[)+75BG[=?FEP$F?3PMOX]
MX!^:+"QE<9M$]IHQZ!TM)Y0A[FWI+27W/R1('W\FC\]I4LR>K\-7XFQ!:7P1
M>(C&K5(6>?,EI<\B#&\W6EI4'KTE`_D]A&]+^3V2N(TU)?D@<-![F%Y;X%:7
ME!J',#P/:6E%>71>-,5W/LU)6FZ+[A>3^%O`-S3.DK*8K:TC)>9@>#_;TA+R
M6$5357)_AOES4N0/5'H1J>_R/H,W;:7"@<G'*.?P5.%4%G3S1:3%'0S/M-I9
M13[K:JJ*SL5BV9-ZM\((X@*839A@K^\0>M7O0*B`$^A1??)EZS/`K6X%!<25
M+"WSQ5YC)/1KIEN1@.U(CNU5(_\0<*Q;GC^[=J8SSMAKYX1^Y73'X]\+V#A<
M..SO`+^ZY>FS*W"Z8HR]#E?HETT'O'Q&?,;1BF%^@G*I6R4\3]@E/!WPQ&);
M+^P+!6<E3\48C.WE(O\0<*Q;+K]I/5!#SJ!H7M;2TD$;"%`N4Z0Z#:#MEB-O
M6D^4B;M6ZO=9;_'$K-ZB6]3[VU,8CV("!_HWDE\&:;J`0WX.R8>&W-#Y!'`)
MC>=A(%[^4K'('0SI9!Y7D4>71$V(I4E,9;@1>`%Q9FX6E/+7*.^Z6AGRA%T9
MTBVC,"28^5MF&(M%,N0)4EP':EPO,Y6O`>_0N#8&0K>RS#08A2'KS.,R0UC1
MDB'/%M:64$_0.$T&XK6RH&3<P9!XYG$5(2P^HACX<>=EJ7T.N(?FCM1`[#8\
M+BU.84A.\[C2$,8P#!$"FJ[&&L35,R6(,>28>=1@]/&#AEEG=CY".>6X2*?#
MU6$A6J#('PRY9_[6DL\RGVIB;)R-9NLSP*VNA@7$Y3\M<PA#3IK'%84^'M`T
M2\W25X!778T*B.N+VF40AEPUC\L)?6!@,XVJ#O(X64KL+P"/NNK^FU4MU6<.
MBC0VCVL(H<MO.;'-UF>`6UT-*1Q92E]0XA"*]#:/2PIA#,)B'[.385<C!T=&
MD8-=Z`WSW#I6^=VLF&='&IDXKK?IMI$9N["F%9Y\-#+CL>?X]*.1F4+1U].>
M-#(KQ<T_,BQR"TL[$;>+QZ-EA*BY0D_:HY7BY"^.!MS!TD6M#0OK^`SE*TRK
MU:2\.PS6!,57=V5.8-GIVU#NDP'"$&T+KQB\!UVM"4_?7Q;P!%'CJ"]IDE%2
M4Q)$4*3I*_TODMV3B%II%%7;/:.R-ONSGC:O2]:`7F%#`\ZO@68,O9E$#-U?
M*&(P]MYY>1"&QWOL[P^/=-'2U;R@B_)+\DK2&&A3:A,A'`NXO-\YBWG.WXQ5
MD'5:XSS:$=\?'G)Z+,"I>9=$5!O&0?10/$W"UQ!V#+4.)6J3`%+OMH-8"B(=
MU(!H[_V=!V7TV1TG24DXB]=+O+RC4^J1PQ\)F+S?;(KYS5<[.2Y[C]`\Z)K'
MZ,!EDKXD$,K<KO>@I&W"L127_ZI*8I[S]4T%F;T'6^UKG%FQ(V9<XIYDX83.
M'0;1;9+FLV!&+H+Q7]0OG)%X+&Y<J3P>2/:>>RMF)_N:3@>=O7=)'A3*R%O0
M4ZAO5-(-=6IG"B`<L3O`+MUC`-#>>R$/FN71*[A,YG.2CO>XK'U.JDT#:!%[
M!N)0H29(>\]N/*BD1]_@,HD@?IE6(4TP3T9/43@K;]E4M5$Z`V!$["N(ZS2I
MX[/W4,6##AKY#,P#=Y0_D_0\RTA>K5CI\<H>0(GR7YU(S##V82J$8^_U1?LZ
M8E8!B*DCMTE,%K=!^A=1=1(EHX`\Q!8]NXZ.&B:+KPT\Z(P]0_Z.I"\D+X((
M]N#S>'+U[V+K$E&J/FH3`-&(C7AV`1EM>"CR[='D5YWZK!>S2Q@3@EI3=YVI
M`+5C[T#I@M2"Y`3&FSY#,!33]*@2'GT1-FEW:3@/TL4%B:ER4G\P%<=KS"8#
MY-X]E`8BXZ\`(SY@6`.=R5P_]5E`IBF$^N^4]A*['Z.<<UU01NL`LJ@-_.7H
MA(5]6*Z>%=%CW9KK\(U,UD]FU2[F66,`AW<?V*F(!#?Z`H9@6!ZM9,V?^BP6
MPR?P,J$V1UPDQ4[R[%V25<FZ),L>GX/8;D?-1E\%7GH/`FB+GK\\W++I'2VP
M-IXVJXKD8%")XWPV2\F,[I=51CK=7(MY46:EW\0;2>>"R%CKM``KO5]-:DN>
M'7?SQ3P,[0A:6G4H>W7*I+NY8X[2KTD\(ZG[8TWX5>`EFC"'LNA='&LJ;,+0
MB*"E!6;O]M=<)/4N6(O#Y[%F2`ME)9Y*-\J2MWVL-6,>AL8%[:RZ(<H6H3+I
MNC_"-O?A(9J`AK)(71Q7NRS!T'.@I45B+X'`G/T^CR*-W;-;$8LA-Y.A+6:]
MZ[X'IT.$=19<A@J=?!/XB":08:``_,/*);LP!`P]+CRC<`;S2&LJI%7D:;U1
MPL\$!YFC+P);T$0F#.3)/LC<,@M#`-#C*D)8,M=E2-#)-RD?C]$$+`P4P/[Q
MI<(N#(%!?POOV-XS`%,A[468G!]?DB\"6]!$*@SD:??X4F,6AD"?QU6$L*^/
MK=!?X_F!/VB"&0:"M7\L[;(&0P#0X^*QEX9A*A#W1PYCU^QJI.&8FSQAESG-
M`GK=JI-Z>FPOC("N[/?IL=M@@-,V"Z5D="/;BCSY:+/`9T^'GV&T]UCEI">5
MY$MQ\^TLB]S"4GS;Z>(Y\5G?UZ`>\8E;;[L]-3Y1JP.\`1M+IP.W^NC1/<;S
M+/W$K1/<HI8+G>(&W&D6BNV8Q7_B\<:^G6R?$^\>KC5!F:2![7`"B^71CG(C
M["KK/I)UXOW2VYKP](.>`IX@:OMQF9))F-_3$RB>9:/I1F4ORAQ><4+Z3ZNB
MOQOUXF[B759O?(C^S9_/X?AYY;'\&61U)L#YG'X(@F"729;;:!]BOEA*G^F1
M?H4R@U-J2,$B4ISEQ_#,9VT>!2J5'JPKSP-X,57ET1,3?PO090"&##$?PC=[
MP<T^ZI^RVZ>,M0M)*Z7)A@*A:.[G=-G+B<RJ0<9P:>UE4_+Y!'-]XJXI4RJ3
M(1@)F+S;7J:2$/@64L3O=6?U6:6I4;EO6?WK,]=5E!SIL3!^KP0:0P*L%R/!
MX\-!APU>SO!4+]*5!E^153!CR"==7YCQ@P&R.)#17)0'/@O@J]`JNNG0G@?P
M>DIN:"(?E:M6->0^4ABZJRMF1=<M[?4;D:_;))DL5`([[$&`!,F5K:D4!'N\
M"#(&>]NN(,V*8-E!<O66DS0.HGWBE"P0V7!`ARG\)I0!7R$58?9/-7UFU;M7
M3=<Y\6O5)-.@B')#W11GP"OBQ*";+6PV7H,2I<R"@R5E:K$(QAB*`T_5(T6F
MBR(/?(@8`@[NE=*L,`3S#N*"1,G/]17GES28$.GM`W\0$.<]0T23D^SK!BE&
M#`]\6E`U>V\8OB7P"85V8]L_!"+0W`,H<HRM4DQ<&$K<M'",>@P@U>=%8'",
M!CMG#)[BG(I,EQ^C+(COP[;S6=YOR7T#TV[/[$$3DU=DN50E60@Q1.!;T$B/
MWG%%RD5@X&[L#@(D:+)/%-DNTTH.1@SI)EZBWCXUM>W\1B2//$SE)%!M+1Y@
M<*Y]WH+Z+&C5D7+`9WB*59E(E[]2['$'@VWM<Q59K$[%_^"7E$I@6QY6:P)K
MS`^0T9CH)L)B!S-L\@;16Y+S5Y(&,[+UI`00KM"5$1Q6</#/,'].BOSQF5Q-
MIV2<CZ;781S$XS"(OA1!&L0Y(=E[>AAR_.F3SZA/ZVE_%*_CZ)"3AR&5F!K9
MB%L,P'"^>1&^3^O020+^\:<#--:<KB0$EIP4\7O5X`.O\5!W"?@4&1H#3%<>
MHK"4`F@,+KL75?88GG*7@$]QH0FKZDJ#K\@JF#&$_]>^TX:_H.\ELP;#H>5Q
M\V42IQ<QWAT(B-QNNAI)]`*6\]52BJT/:?)6Y8V[#(!=S]9MDE.#*P&.8)K?
M`52@,=C&;C?B`WO)=5N5#54#2%_"US">53&DQ^2"Q%2S\M%T'4.Z2Y/7<$+G
M6.P&F))4%,WT0`VP$TTZH)+DV<%.?ZQ[!^O-7H;A'=TTZ?34*4*QX'R0`PQ%
MDZ.F)'OVBO/(.]^W$0_A+"XK*L;YL@XNQ7271.$8*G)E9%I$7\-7.*ZO@O%S
M68!Q6?1J>;V0^;I?N`_B&5&PLU:_HQRW6$^GG%882MCY%7R^M1<["B'[7;ZP
ME\8^``=E"(UXZ3$"_B<)9\]T<UC>WRD%6YAC*`[_;V78O.7;\"(D#@JP&BF'
M3^^02F]>S-5BR9N_!;J]VZ]L7@H<.@8"+#N$UPOA-W4EV/PMT.W=I&+S4N35
M[R/`<!E`#;`7DN:+NPC,FRK4\`)FG*H_(9^`HO59D7)M]'))U0NUB:<!M&ZW
M*&F@55DD*L%6);1]"+VVIAT>K3(N<1<+B#@JN`H*,\#NAJ1GBJ%X^.M"'3Z&
M0%%;XO;Y<(LO4/IEI7MLA1D`H^.4!2W'5%TL!JJ\!_L]J;+/>BAMJ3*NJBCJ
M<FFJRUBJI+2V97G4Y8LBC"9A/*/$U7^\F;^DR6MI#:HEWRC-`3C1).&HRX6O
MRSJHWY4V>_0AOY(@(\])--'68<%(P.0]F*4O`[[FRK&BCGC8UE>/L;7K(J5:
M5*2$4G<=OL&?U-25/Q`0>8^ZZ4N`KZU2J!AR'%M35H]!B<MD_E+D)%U1IIB9
MRQP%9I[WZR)]WO/55(P35[F#MD)H/LNY&]VIHRWDJ\1JOG+N@D1]OEN]T3![
M->T889V,,I6M-849`".:5SK*(C$($>Q!9CE5:/*-O@5I&N3A*_'[<AE+Q]_C
M`Y]9[KN$,2$LE,PTG:D`-:::VPTD)[![]!F"(1KB425L5@:->3)5*!8J&0ND
MHG$D#7B\K[(ZL-^YCGIT,]FDW:7A/$@756KR.*1_5/(^]2:CR/&\W#<0&7^7
M-N(#!B_!P(T[,'N/;RM9[\#UHWG3U.@#]KMX-@`<B8\'/M^C-\A^/?#_WIS-
M2_X.P4*`10F\/I`USGX]\/^$C\U+@1(P$&`X!1[R("^OJ1[&)*9'6:)P(C#'
M`":O/?DJ4K['V0L9T\.=3)3,-^XXP(.I>):(Z7RUD\'#8(P[$9U',[NFZRXE
MKV%29-'BGKPDJ:S/A.IPBFZ`QI26R4"NF1*8*!2T7GI*ESA;/_YQ_.G,HRJ:
MV/B?L&4NLQBJ="%30NF\`AWXK,.#*,J-[0:1)2;-,($::E1FHID&>_0U;1JX
MG["5W6<Q6G#D"F`Y>).[<W6WD-T^"\?`ON_S"5TS$\#3<S@5CBJHRR8,'^_<
MVM"N@X&]T";4WZ>"H3^;K6IZK/9]*/81C\G%XH\$"*G__DM**+?3Q^<@OB1I
M3BWH=;T1`2+;GP)&>,]Y4!$5.]KJB!T.HG76U=?C$0N)&T66E=;+JB[5/\ED
MMJP['[Z2F&09%(3),M@9SF/JY`60Z;'<)T2[:</9@3<H0L8RZ?$W8CL<:&9&
MMJ/$]@K=;59K^N\BB,K0Q'[[@W+#",;"GANZ4P$0%/%I&:O9>Z@A7)8!V6;.
MV$9#CU'^3%+(&D[),YC1K]3KHB/(Y3/$!K*;^/&9P#\G,3S/&$W/1Y<W?I/)
M5J:6;`7Q!U`QG'@,%"BP']JN?"/Y:/H8O$G@:<X&V+U;+5+1\#=X,[BH(EO-
M%->C\2)B^`69)BFY)^.M$(VJ$C>8&7CBW6B1BHROT,VAHPIZ-5-NCV&+72Y?
M4P&K')1%FE(4U!((DXFBMMO\%'#-NP4E%:K@#L(^+S`\Q;.T'CQF":B<KG=)
M6FI9GJ?A4Y%#[.LQN0M2N:?:<';@#9JT8*[HS#9]=?@HWO/9472?.0B-[FM.
MW5X!R_MD\-BI'JPN,72X*%LS^?GLW%(34[5L6/O9.O=NK+&`"_L=\*FX?XL"
M/%1.G0L1>G3U=DA22C)CC@$<F*ITJS"=KY8BB!C4T:K8/#IC&QX`-8?6[8@W
M&@=0(L%:4NN3J3D=H$?C5(GDHQ0GTX'<.R7VZ$%MB.`Q#>(L*AW<\\F_BDH`
MNJHKF`20HO&'1+)04E@Y4#]=/A3B$LL>'M2!>]Z+VY6AC7[<GPP.+;X?)N56
ME,%>1+)1O)&-D%'/HJP+=IZO+G.A`%.2DG`67[V-RULJP7UDX[D!*IJ%Q94$
M^W;2%G@,9X(EK?489BAW#,B<>21SZ)B:+F[F+Y3W)8VEA#;:+"UC/S>Q_';@
M,7BC?Q45D_+NFA$R^I;$XW6N3YW*<_Y*]R#X`9TC"R*R;M.D$KGK`@XJ;\>5
MQ1LO76&8IFN,[LTUU,!GQ3"Z::_%6HE.`H$Q`C"@ON0?B"N%\2'UYFYG8-8Z
MS0Z"]98`-BFD)X5Q0=?ZZ(6DU15SM554OZ,;!LFNWO(TH-RG-@3=B``#>YN0
ML,+AEX&GJ!,!!NRN<.VQIC?W10.?_<A6_+]Z>Z$G+%DVJE12_+U1@`5-I(G+
M:IG2\F`M%6[8`X7S&$<J3\-Z;U`Q!NK?`MVXG5=Q&S06F*5*'7=?I7Q6E6ET
M9SIP7%?&Z,Y[("XLP\3P3N^\!SX?P#B\,!TX?KS2^,Y[('Z[H@(/52S.A0@]
MGK,6[YT&`Y3U<`1,U[[S+B%B4$>K8O,8(/9^YSTX1!,N%<G'YIUW";EO2GR(
MXVV3^SOOP2&:(*=(%LWOO$N@J.+K9G8GHN<=HR(?314N]%4J0C68&KCB-OYC
MP6K5>L!A@!Z#9N/5CT./WIHIZ4KG5[/)@3.8$DLM2-G^(MMB%08[!^\R._)9
M>Q#U,ALZ=@OT.@!;$+/#=39$XD_@UJC##AJ"2IY+L\F!,V@N`ZT(V?Y*V^*4
MG^9;%T460A&AA^IJ`$N7K:LW*%]3A-DS4#6:?B9/RA=4PK&4V3X?YJ_[#[*H
MU&L6R9T!,'JJ/*@C`\'E@3+&#M]ZM:4)/B\A&'0I&+^\88#&[55$@WZB,AD(
M[B3$<#%88`X$Z=%#88IJH=A56CR8(G/\B%[/D9=(0$\I]V#V4S5]/K-SK)JM
M7>2J.+\2$3313<3;ID5I>KP:NR63L)@_DG3^+<DEO3&%8P`'GHLO%9;S]5($
M$*LZVG*JO-9W8&TD<RB!:G((E`,!$9K\>Q7>:YJ7FR![KYH>_?VM-ZLL0B78
MI.,!'YHPFXHD^(JJBM7/>_EUQ6$@Q6J8+"/CWV;)*X405II%_["K4/2O?GPE
MLR"ZDO7;8?SRQ_%1\V;QJE1>R7LH[_X,Z,/0UIW/NGVMY6"PMYDZYK>]F@<7
M0?S7:'H^)VDX#J1=TAF_!G*\/^W@\&A?\&(079&_60=8=MN3(O\)G31NLK%4
M^GN_!5*\GU\<_K!ESX-@[WV88\E[#&]X[41_Y+JOJYFB"4,=1ACM/2MS?`89
MQ8"9>]`MM=5N8OG^L_4[8)?W+'$.7]A[#XM\>PF'CO<=>XVV@`V72?JB).[U
M#X$([[$F#F?X\MZCWU[9",<"-PH)L4W,J"#WX60F3EQA_!+(\!['X?"&8UHR
M`:"H=K"ZZZR31L['_Z8>>EC5<UAL_)?>];7:=#^.#WUV@C1HJ7SHN/]C@]MJ
M+9;SS9-=L!A"B0:".C)K&\_<JLIIA5OESJ_HYUWW==?+_=[A"WN;V@?@H%FB
M$2\][A%764X-\YQLM.M;_6$=/U1R;G2F`M3>?6BV)`37$OH`'?0J-M(P>Z$S
M"O0ER8)H-(4FCODM%=F\F$N-'-$P(-"[G\MF&GLG40#3S/JQ)WA[I\37D)ZT
M$VH17B1IFOP,X]EM\`:XJR9`4@U0&D])]O\*FLU&MBKHH&H6;K.G$Q[OO56V
M"^9O@6[O7A&;E_P#@X7`06];(R7PF8E3K1`U)=C\+=#M/1K"YJ5`"1@(,#@=
M"'SCQF']%JZA#\_0YF]K,7I?0?EP,3P(1Z">'O.]+U-"C8KK8!Q&8IWE#X"H
MO%M3JA75%:9\<U%CJ%-L1X8^J\EL$Z24`LP:`B@<']M:X2(NGU45;0L6AK/<
MBJH-AQ[C4-94;3AL+2U+Y<4`E]&ZNE;BPJ=KC38%>[=M7\.G)+T/<O(U"6)Q
M;C_OYT"0=P]3@6.\.`074<^4QEX6V$60$76=8?P:R/$>Q5;@%UME^(`PV/\6
M-<9C]IC%1T='>!IA"1@MB(,(8.$SUQLIG+V@^[ITYODL)65U@-%3%,ZJAA32
M/4ME."483Y\F`4?9FY@&PH^$%`+>L4=_$IZAK)O?*;@I^P,`@5M?LH6H1BD$
M_D[)18U!@^W(T&>+KVV"O@6*5;=XPP`-IN@&E]^J"K<'#8,#847MAD./IJ!U
MM1L.4=5&X#+<1.]*;/CTSLIF82_J<?[R$H5C.%-N@W06QE)[D#T`B$(3^9!P
MCFT%"G'U5(WLQ4&N"650$%T7\22#@("B,HF&`8%H(B,2+K)52@$=AC")`\6R
MERM85=(GDU5P4G6;$HT#$M%$0B1\Y.Q6"O`P1$0<Z):]R,CY*UV>,VC-*7]A
ML_=;2HKKJLIV=(@;]^!!PN<BVM";H3V;J7Z?]E"D+U&1R<.RXD%`7!=LIR'7
M=I)BP]#RT8%*V7W;>1./'T@<)JFZ0K&&`&'>,QP5N<=7)P$R%"UI_0=A/:9@
MWZ7)I!CGH_2!I*_A6.7=&6L(H,#6[]%,$/SXA``W!CVV)TF?F3]+DK+S>+(D
M*E/:V[GC``^&TDP*/)>J'A<=AJ"&-?T;#CVFVCK0O^$QJI8M`J8;*6`)#Y$"
MVMTZ[(4_+I-X4H2YW!K<_B$0@2;`(6,5VPAD`NJMQE@,:L!STJ]A\%2F/]0?
ME<<W!,,H@:YW(TO:Q(]UR.%A",6ZT*UC>U[JERAYJN+983S[&L[#G,@?[?('
M`7%H/%49"]EZ)06'+PC[5;'`,&<4/*CQF'GAW?$^/'.KLM(F0V*Y\*TQ0ZC=
M[35D6>V/CBW>NL]F*9D%.;E+PW@<O@1159O\)KYZHQM/5I8'B8J4Y,EM\!>Y
M"Q9E0D1^&^1%2@\PT4'><&H`BC0:O2L,SE%OAP$83$W;&GR")F6NKNP)5Y>0
MSZV':6\T8$-C28CYS]^@U3!BB!I:UTN/L>QMJCZ3;)R&+V4[RVE=AA9$<!%D
MFOF"XJD`=0>VV1-A<-L`,+Z;0`OJZS'TO4U5R>F'EY0$DU&\*8(#+7#\:0`M
MTJ2L78FHJJT4[%)E3WJELO9"E)N7_N?Y75`5LQO]C,GD8@%9`0EDF#RL7`2>
MX:HU#T!`$^`4LYEMI9J@72KB::\4T5[D<R-?8(^CW\K'7$$DTC^%X91@UXTN
MK:@=-PZJ`7*I;6=]TC:SYH'2;>^>O!3I^#G(R.0\'Q5YE@=E0+!FL.*N)YL&
M`'3`RV&W"S0$6[OAGWJEAO8B29LL_9.$L^><\K-*[+Q+PS&Y(^EWJA^*&BB8
M`<CN@,/"[@JHC[/6NU[%?WSV!-RF:KWZE5I6B@<#L@XX)>(^@$H0:ZU$]%[$
M@E;:,P%9ZWHTW3!Z!/N@="PE]:P#QM\IU_A315AK&:(7`,VUS.>E)3^R^Y#3
M_S.A1\^8_@.5"?Q=61EV6??7."PNFQ@XT@%;4GREV1A^K>F]BJ:?H8FFJTFD
M*F[L0-.KB8$C'3!<SS0B[0;P:TWO5>#=9V<DH&KG0-T4BP(FP6C`U@&+5MPF
M20UCK9A]"J\/?59(NDN3,2&3[)H*LZS-_4#RO,K444BMYPX%5/@-AJ&X+)("
MP#H-M$\!IZ'/QV(\QW9R'8R;>?\;,P!&_(?\4/Q63!UGK:1]BDX-/]DK1\+E
MY-).&DT50O/JDP#Q^(_KDL'LR(`VU%H!^Q2(&G[R6-H+Z!A-MVM7+BWX55NH
MR^"%_@LW^]-D*D"-_QZ]E`Q_WS0`7.MOG_+RAV:=Q=WI;W5D;=SM&2CNWAP4
MI__VY6JRT--8'M):5?L4C1V:M45WIZJ;CNGG(H5[Z++YGH'&\J8"U!UPH-AM
MV1L`KO6W3S'6H<4N[U](#%7B5CE?=P7]0T:RVE<M7Y4)S%2E\4!R!_PC?H-X
M'92UQO4IUCD\L.<=K1J.WA/ZA[0*?PCW.\DH(*\#_L\!U_^18ZMUJE=AR@.;
M6<!/&>5@D"XNDRBB"Y0NUO6EA##]2#00B.R`?W(@R/-5@%<K5Y\R>X<'-C-[
MQT4*Q2[7QL>:F\*47L$X2N*@`X[$@2"75XZNUJP^9?$.?38>9AG`W^,B(Y,Z
MPG"9S*DI`C1?$R+=`AO/"_SH@%LA;G#<%'U=9:%7ES9F3=8Y%A_?;3N/)UO,
M%5[)F$T&8#K@?;`[L3>"7"MFKRYJ!A[3+EB24%=?S5D`:P?\FH$P#4,/:ZVP
MO;K8&7B\V+DG+U6%B6PT!0IANPA>PCR(OI(@(QN=QB3PU"<"Q!UPF@;"2QUM
MN+7F]NI*9V#=B;HGKTGT"C=BY8ZP:GD'-2;DKI1H-"7WL`,.U4#F4"E@K'6M
M5W<R9FWBF;IV5^1/P?BO>S).7DD:DDPS**0T'DCN@.?#[@JOB[+6N%[=HECL
MWCW*GTEZE]:'!HN3YU/Z%_]#@G04D\<$_O#X,Q$HH>F4`*P#W@Z_$7A#X+6J
M]NKZQ6+/<!WV4JXNV4LG%.V8YI,"N`XX.?PFY(VAUPK;J[L=LY;E[&S*,'M)
MLB`:3<LRNKJ'N<IP(+@#+@N[/;DFR%K=>G7;8[%A.9^5XJ=B2F,IJ7A:E8O9
MJ:MHVPAK+>O5S8]9SV=Q$L0J131;A1S4<R&X@X'8#C@G[*;.6A#K=G&]NGNQ
MV&%W^>(8WFD6=,1B&<7:R#01*)I\,!#;`6^#WWA7&6*M:+VZ2['8@_>>,FL2
MEC'1J^DT2?-L>2)(;_0D(X',#G@(_$:\:OAJ_>K5U8?%5KS[7/R:!'&VD;%N
MKF_"F0!&!YP#?K=>,[RU/O;J0L-B^]Y]KNZ?(=#2@_Z[W''0GPS:7W7`D^#W
M_S6&7"MFKVX_S)JY6DIJ(#GUX++ZEGYC7U#+9I`,!W0=\$78#6$U0=:ZV:M[
M$HN]J[\5(**[A$IM<A._DJS,`KE+DUD:<"F4#P0B.^"%\%M8*\&KE:M/-QM'
MQQZSN39K<DH`;/X4J,;OD)2<Y6]H#$`86M!95R^/N5?J5;.TX(DF`L3X?952
M*GS5U(;;PRYW1Z<6+]"V/E(WFH)K2-%5!G<0$-<!'3OE7Y;)H-5%P7JE4,<>
MRS.P.?Y9K5`=>R#T&<#O_Y9<5]WI&/!JDZ]/BGB&1A$O@S1=J+JYHJ%0<:,#
MRGBFH8Q,@/7&V*=;W:,SCR9B;=S<!0OH^W19I"FE[CR>?$OB<?4?$EP*,P#&
M#AS89T*C4!UGK:1;"2[_]?L:,?WH7_5?;__M%B/(6T[B"5E=Q&^QXN?/G[]1
M6R+X;9S,?R]Y\#G,QE&2%2GYFL0S2NS\)@8S-7PE=U$09]_H@@K@OSZ3/`BC
M7WP]"('BO.=OTFZ"J]_].#XQJ^S$CIK#M,*FXCN_HI]W77`II)J8T<E^G6S1
MQ=;?7;YP@MM[`)HU=+7'2X]QYN55N[!E._.W0+?W"#*;E_P-BX4`BQ)XK,>Z
MO,M14X+-WP+=WF.\;%X*E("!`$.8[?QGD$X>Z5<43H*MWP(&GQ';YR"%AJX$
M'CV_T&T[J(2?@DS*YWH7B_5OZN;:`&"-(I[`>?PMF(N7C<M/`A<=1Y"U#C66
MB`6A8W<<P=#VO,G:,&LF]+$VMC7!=9^C]=H@TZ"(<KW%P>YPU`)+,"R._BB9
MQ>ICHWD</A49?$)HUS!_"Z2@\<X=\IKM*/'8\:'K-OEO5K**D_:6Y6DXSLFD
MI`-Z5DIUGCL&2//NV+7`>TZ00,(6#->:/5H#'IW>J_E+E"P(><B3\5^CES*G
M4<4!YHX#/-Z=X18$QK>S9*S!<'/6H\5C[YW('4FG23H/XG%%0_G=3'J&B(8!
M@6@2LAQ*@'V,*'!FN1B\9J7V:#'83,V9DC2%.I/9L^)"X`T!POKN1[!K=BEP
M9;D`O&;.]F<!F-56ME70;F4TP\FO9$8QQX!FH,G9<"@HO@DE8@N&2PHI4W@\
M4<T):?X!RBVSH@">.52]-QA-RW_-SHO\.4G#_Q!9PQGKWP/^=2<`H*H.#:+#
MA@SL1+@,QW+U&`:`NK=)7&ZVRR>.E3CI1DS25S*Y3M+K(B]2<I-E!=CS$H9H
MSP?XNQ,V4!4G?[F9,NCC]%/FO[W`0"4:D`29?(^I`#9".^4%P25DHL+[.$BP
M>]Q-L!.X3`UG!IC="2^H2HWM1]EA52<BUSC6C\4>2+NB*RL3/CX'L;N%9/@)
M`-Z=6(6J'!575#.>=2*NC6-IV<M:7@EB4V15[OE_%T$43L.E#[W\IR^44'BH
M2+UK<IY?!V'5O7HTW3!(E(I7NOTP91*>&B+69,Y>AJUPLA-Q=A2+TV>]DY*Z
M)SF`IUT`5V\O85K^6*D]K[7O`+_Z%241%UNQS;A.1/]Q+$N/T1%C`,L=FSKS
M4Q*"-P_[^EH5LAN-Y>KR^\#??D5?V`5MVF;H<GE[K9_>D>6-.3U=,?3]&H01
MO`"EVE'::"U=6>Q^EG+SN%^V\[!97GLS/M87&%[+.'=C$1_[-)W![:EB&9^+
M-(QGU49<ND8[U\DEW5_2)),RQ61.X$._3.)CL4G<@$GUVOJX'90+P:?]JRGB
M#?/(\@K;F!EXTB^;]5ALLS9F5;W:/BX/Y:+P^)+X/"HG7[Z]V$-"O0WZ1]D%
MO-HD@+1?]X?BTI):7$%1:ZTCR\5CH:+5<PN2OH9CPL;S&+Q=D)AJ=GY-=4]_
M.=GY"'"J7Y>+XG*95KE6+\>/^T6Y5#P&4Y8T9?<$NF]-'A,JWS_#_/DYB:`F
M.;5*V!`E?#&=EG(#3S%&:\+E+[F&?*H7V<<]H50.)_B"'54@:_.N^.J-I.,P
MDZ=/:T\('.A7F./$),PAYU"]I#[N^.02L-?.H7YU1;>_LAWDGVF8D]%TJO!\
M;7<($-:O0,,)M]N#A`>U+G]<:,EY[#&"H&1W?TO*;A[UJ]S')`^BS7^_3++\
M6Y+_#\GOR3B9Q0J/<)Q]%_C9KSC%B3!.X9J1S$*T'^N8*2CLH0T3-:AL%^H,
M+/\*?G?@:W$SB0'.]RM4<M(\5&*;NRB*IG=D&^AB?LIFPG!;N6;;'X.BA/T*
MOYRXR441<:]^\_>1@2*5SJGOY.T&LM_HW%AE)CE>J7O?`_[U*Z1SZN;)NX2!
M]7K]R&J1"ZB+6=WE__F#&F*K**#,=K;Y*>!:O\)1IVYRM?F\JQ?H1R*,7#:8
M2^KS`%S]NPCSQ;J73[9ZV+K<N5>.E-N#5I<.X'>_PERGS<KU6V9LO>X_,GKD
M*?<>PU[NU&*9$PDOV=TZP_J4`,_[%?`:"@->[;-VN?H_@EURR?7RT&\G#*9)
M!G"[7T?^T-.1S^3K<LU_W'/)Q';LL]?HP_B93(J(+)_BB:!PJXT^PM,]&:-L
M?0?XY?:P#J+(_5H]%C<VM<VNY6+\M8R+`?))_O=Q$N?D+;^*RFG^\4M&9O"'
M];]'"9WQ'[_054\^%%2#XR>?/(;6[H%*W5:N;H-:SW1D.BZ>R*^K)EN2!699
M%OQUMLL%%#4>NZCQ'LW6QS`'$#?Q)'P-)T40*6@_<PS@<&L0^ET)0NM0Q!$,
ME1MM2GG@,:-@CR9X(E`^&0!+^CE\>4RNXIS:VTJU_#5GH]@/,?7-%@E(0U65
M0&.HAFU3B4\]>@V^E?C4<;A.KQ>H2$(VM?@420M$W](_M->X\'^319W^)V^R
ML_]C(`9-VH89(_<55`CU0_\H'^R]E;E((*=E^CE,R9B.D.L@>P`0A28QP8RA
M;#T4POUPU@P=`9_QQCS(2RH?QB0.TC!1L("88P"'6RO`K[,F#@\*.(*B%KA%
M*1_ZO!%;DO(]SE[(N"P'K=9BC3<.\#B^<])RP$1,%T6GQ?`P&`E.1&>O+\/Y
M-"?I.>7\!+@O/?99/P>"\*0M2-C&/MX%L'JK0_8:$-S13Z2/B;H6L0=`A7P\
M#T4DK&/KD1#8AYEH:()X?-!1$0(-+.6&P]9O@6ZW'KE?LU#XJH+%"=8^^E^_
MKUGRE4Y6__7VWVYQBKSE=&VMGZ%O\>KGSY^_T648_#9.YK^73/H<9G!]7*2$
MV;8FVZB:"'@WWW-\)GD01K]T3_%.4=?)[TH?X5/7U?"U[&.6B`5VL3N.H#"'
M^J-C'GU*B[VJ3SN4OV@N*$'VAH`MG5@P&-(/3_OYW@#M.Z/3?KTU./7UUH#-
MV(]EKRRW+I;5D&K%'Z5*>']IL$T&Y7:_VL*<.FH+8\97#.EIW5CS7KO$O,^G
MA:?]ZDAS*NE(TSIK45QW=F/Q8PY/-3<#_R3A[!D*M+V2-)B1\DW:YR`GJRZ]
M_ET`*8D@)31Y/-:4SJMWH,KSCW:PRB)]!T^4\6XFFG2"O+H3)%15/Q\[BAGC
M/]K0*LNUEV'(;8<5[[:B22?(JU]A3'$[)6R,_RBNH"S77H8Y-SI,XMU3=(BD
MDNI7LZA3<;,H5%S_*,^D*E2OG:=:,FV1N#;`[7Z%3B5=KMKE*XJLV&ZL>9]Q
MT^[E#9\Z[MC52GFF4W:?+E?L^BC/U*J"^NPPWB"_V'$?+I^)[:?BIEPL3OA)
M;&>GLU<I2*/I3EI[279U_)*)W[SV;ARUI[UTUK&:UV?]<KA//3G<3+Y^Y"&J
MBNW,ITO=0>OES*U3W(YY?29VA2VSJ[OFM>=2-Z=G'GW?T70:CDFJ]$!FZ[=`
M-YHL&C.>\]<&"RF&P\:[IAHY=<QW]>4!/XJ)]#W]]@^!"#2I%F8,W%<[+DP4
M\<,N'M_V:HC47F?=$R\5N9\7"YWBD[:F!\#]K=)TRB[B;IEYS7;W+FO.^RW3
M>_8)0YE>R[+D&S5F_'FO"^/,9V46[PO#\9VP6NE?R\*TNC*\%7UAQ\8W2KN<
MQY.K-WI:AQF<G^6;_27S_`;'X69A-/U,IB1-MXT!-266#*=",<M"8WLG%<<V
M&"GW4SA#*&%XDJX4N<AQ4<0(,3C(;&NS_-OLO,B?DS3\#YE\I^LMW5@9Y1):
MPB)W='<A9<N29A':IA\%42".VBK!NUCL`[3A"S;[.'`697S7DLJ8QWRM\+6[
M@>">Z[S'C`S6B;,1`P![:VU][84#*"S^P:60X^'XZ\#;CF6-6%$F_C[3#L,Q
M&!Q]5VR?N=CN/0;7N<]:91#;$:;`"U;CU\>J<RVHDT]>8T^.5QU%AR*ZU*XT
M&RR[BF$8EEW/[6-T;Z.-(:ET`K'_1>!AQ^XAK2B-;CZD#2:CR`SHB=)Z?7MD
M,Q#4H-ISHR\"#S$5%'>G)DZ6NH2M*$[^GBQUG]D._5CJU!IM+6M"Q7QWIR?M
MKO6*KQU?ZXCTE.Z=]I)5KY,BO4NHIO[_29H\_DP>D^MPFB\>R"N)R[\O_Z22
MS:HY$\!`D^[J3DSL^V8S7GTL(8NRL9='6XKN"DJEE*(K_P0"?DQ**>:+]5\_
MA&_R=60P'0!"7D_+AL`XB\F<81WW-1$F=ISTQ0S]FOPDZ1+>/,Q;Y>?VIRE7
M3]&D63E5G);L4C9_>W>Z>M\+3M%5NS($]?WEQ==>L/-IX"KRJE:6%*>EO8#-
MWP^[P+I(T46B%9Z<UZGYZQ1TM]W`>-\#_J%YD>Q41717?7.FXNW^T]FEWL4"
M__LO`%I9ZGO?`_[U,RRVJR+NECJ/J7A[_71VJ?M.+'F2:\F3_$#8*71\3V"%
MT+^_3.(\#<9Y$43P,&V@PN9V*0(9]#/PMZMFDNW""]N7&\KP8T.Q)FG?X<,&
M>K1Q["CJT8'C#<6`(K@A[G^P4:'6GQ>VX^TBUM4-Q6MY0'LNZXX>;6%N+QHA
MH@)XW?_(I*3P8*NLQML;K+.;18>#E/Q#I\W-0I$*X'7_`YKB2HSMLAIOQZ_.
M;A8=#G-N'#0WU!`-XRP<.VWV)?LN\+/_84]VC<RVF(NW35=GMX`.AS\WCH]M
M;6DQ*+'S8>!H_X.9[**?K7&W3G/ZU&YQM\]A!I5PBI1\)D]Y7>H-_NRW=AM0
ML&[.H/1$?G?`CY-/9MG$+A!\"^9J:=6\88#&\2+4K!W!X3=_#4F@84CT<R`T
M>R4"U\\0X'E"_?_OZ,9"/TK]"TH%_0-T"/U<$'B]\)P4&34\'G]"MO5U^"I_
M+&+K$Q0XGMQ8B738V>N6.8$A<\V^<IMEDDJ4>Q038)\.N\O!&LK=[!,`'$U(
M52(=F7);X02&7"T'RFT4=60K=_A6/1\+WR@[@>$<9N<_DWS)[+QD=OD\1J[9
M-N8'R&B"?Q*Y<-3:(ALP)"4YT&E[+U1OJ1]Q$X\?2!PFZ;<D)YE437E#@#`T
M428)]]B:)T&&X4K(@3)9?*N9%&E.2+Q>KP]%^A(56<G+G5/H.4SSQ2.=3>WQ
ML_&\`!%-W$,B![9:VH"/(??!@>Y:=,N6IPXP>]]/V-@26,84_0OET[W9!RAH
M/!E$$LF(CW<K?.AGM,$LK8;S?)Z:3ZN:!SK\+C<2$)+"FWI+WP#H77#)V'DJ
M+EB!(0=VFQ&JUT*<48#+GD>V&>F^(-,DW3H9OR7QN$A3$O/>E.I,`80C]:MV
MF<M634V@^*(!%C3/9U+!!K-E=X`;/P6JD3I5NYP57+OM`\+GF%M0+X_W5)NK
M6[KOB0<!$J0.TRZW^2HGA(;/&;*@?![?=FQ3=1/G)"59?A_DY"&G_V>RMG^T
MX(DF^G%RX+J>H!4E%3Z%T(:++P+56'$/S&K6,\W![8_<!GF1AOGB?T@@\E[X
M@X`XI.[(+@/9)I\4&H:\5>OZY#'-?)NJRR"*/M-U?!6D44@7MA:DW<&`#+__
M47)?=</C0,2026E=*>W=V+!Y>)VDUV&:Y5"N[_D\CL-7DF9!NE#>^&03`0C\
MCDC):)7-4!$N,Y^O\\IH[\:'R]0',D[BB0UM9,\$,/`[*26K-=51B+?61T0!
M;POZB,9UJ<7PE?Y_P_.Z&DI1'>!W3TK.ZY[66P!K?424$==<'P\\OFIFF^S`
M=RTXFP,!40?<F`/AXU\IO%H3^Q2P/CA`X\NH=-IBC``,;KT6:<MD,7=5-6X3
M37<;%5N3J=>6P!;>E!P<(&N\R^>SJH9N`,.7%6%A*T3S".@R2--%&,_.YTDA
MO6(1#054'?!A#C2>`S$!]E(=T?@LW^-@GJ0YO)>$9X#:.LD83_$-.N"]'&AX
M+WR4^-[T--?.@4</IK[&N@L6<(I=5C>OY_%$^5I:80;`V`&?9B#T:=1QLM+`
MVGY5?#Z;I61&':[:^8+FPT_YZ"D*9^4SZJP';XT/?'98L9Y(>N#Z]6;CM\8'
MXL8D$FCX#`LK0O.X>5\FZ4N2TD4.]#V0,2ST4/(F2&DLX$*Z8>\QGZ^/*A![
MJI3VDG:1OA(ZZ,*SR0/^LTD;\/'9PE9TUW.T2FGW7/\0*$9ZT[['5O'1O84'
M7T*Y%=VR=Y?>F1=H!UUX3WG`?T]IE0_X$MFMJ+6]AY4=>X%VT(7GE0?\YY6V
M6='#%V@'%M]7EHR$U`B(X(AJ`+-_#,0@=8MV&<96-RXD?&Y08[T9F&5QVG_@
M(P&P^5.@&JDQN<M9OBW)`-3'S/5C-'E'YID!QVYWLP;9'L<:^46;:#ZR/?#4
MWS2.ZKMU6"QE>^C4W=P`UL.3]L!GKXC-TV9YUQ62[)Z\5/6`L]&4VCGQ.'P)
MHIOX&]T&J&,8O9);NB<\RQ`WFAOX@C1&N2L[M;/<E`/XPI06-!Z);2F5"3P?
MI&ZC345?3@E<P&^K'HAK'30`CB]":D&MD=1$4!,%7(A85VR8%#B!-&BZ*RV;
MJKT!'5^<U()R>TP6T18&1/9LZS;,"0XYTI#IKJPLJO8&\AY&2`=F11E\:7;X
M:GW7ACF!#_B#LP-V_0<;R'M8)V?@LSR$ABS.ISE)[2OWUK3`#?S^Y$!<4J(A
M>%9%G18R:RFQ*[*6?8:RZR2]B5])EI?QG1DUG<J_OGW\EIW'DS]NKOJ5:CLX
M[E.J[>`$>ZIMR6_5\.(>-'Q!1BM"LW<1S%BZ&^M5FL&@,AP(1FJ/['&5?5NL
M@;*G"N?1^K@ED["8PUDI[_,@'`,XD-H->\SF;W@B:/@"S%:4SUX1JC^"-%QV
M02R?,%W%.91CD"6[J@P%0I%&@?>XR=[E%!'V,-P[.$)CTQE?=P^&;BTY\Q2&
MDKN:*0PEFG>?PC`X[GK!BL%Q%PI6E'S62V$H@>$S]AJHFL^VU5`V&(BY*#*Z
M;V390[6J,P6M$XX%7%W(H2FYSU=`%8P8;#^7<O29S;4D1<F0W?HMT(VI;[(*
MDP5JR("&80ML)!Z+K;CHFAY#D\?)=1@'\9B<QY/2EH[+.`%<5&1%"O\@?_*D
M.14%@J?C,8O%;(_#$&;7=<YBX^+SR6N8)>GB@:2OX5BA"R9[`!"%)D3'8A=;
M?X1@,!R(MOU4L^?LO<\O'6!]`[\K.TOWW1P.8-@7K6O\1WXI<`%I9'%74I;T
M>QMX+S?RC_S2*LER@/51_JZT;*KV!O0^1M/-7N'W+[\4ZY/\75E95.T-Y#W,
MG!Z8O<#O7WYI!Q[_#]B/_VT@[V/F=$=>+K:47]J!]XH#:^\56>#[F$+M\ZGB
M-E462[$/.O#T<"!^>J@`L(<-1`=F3PS9[<R6I<&S;R0?3:^#,/TCB`IR/OE7
M4:4M0B;V^7B<%F129_<(8L0FTP&@#GAR[)>"#4'WL*C+P.<;P8LD39.?=`_(
MOL>4LU^*(`THQX'O^^\,)`BUYOIQ<MB!-X$#\9M`$\0][%UZZ/,MX#953EI=
M'';@C=^A^(V?*LH^=C,]-'O0I]#-E'%TB<YZV5@@%;\W=,A^;:>#L(\]2@]]
MEOYKJ:/*80<*!1Z*"P6JX^QCX])#L\;.+K"L=@<M+*M1@`6_$W3([NZLAHW9
MK[3-GCZ[F8L/Q7P>I(O1]#*9OP3QHOZ'>Y(55/Y^7QP[3(@]\ME^ND'VVY'K
M!M,V$V*/Q)VF6=`P).$T$H^]Y,3O#W?%4Q2.E\F=ZNFOXH%`)!K?A\4^MAVJ
M!*KSVF//J_&:3GWDN/US$PWC>CJ&,#'D5S72.7OO@U>-LD8O)%4L@<`=`Z2A
M<4U83&-KD0P/AHRE1NIB[][%6O;]$9Z&RBQVL15%"`9#]D\C+;'W+N@RB2=%
MF*OL))L_I$3@Z6;,8@]O^V"`P)`QL_(+7R#*',]NXFF2SH.E=ZH4PE"9@OK)
M7I_2CI_)I(C(:"H@]F*Q_$>5Y\(&,P(/W&YHTFH$&J(2^'?&T+M;N@")`AWY
MC%S3/2Q+HG!24E:JBD*\ACT(D"`K@6`N#_Y*$8+'X-3:%:G/1O7[1"D9.+QA
M@,9Q-$4K(B?DN8X";L'KGPKZ+`UC7P4=EXG94$$R#8HH-]1!<9T8"3Z<.MAX
M\_"8.+Z,4,2S.FJO5!R0,PJPH`GZ21C.UT$QN)ZJH.\DAZ4E?Q6%\["*M2HI
MHG`LX$(3/90PGZ^.*A!1Q)^Q>#W]K,)UY#@MHBT?J$F5KJ-/6*ITM14(.QIX
MU.9[Z"-=D%'^3-+J.BP,HCI4+8$G'`NXL$7K503!5UP5N!@LAQ85UV-NS1<J
M^Z])EHWBSR0-7REMKV2=CP7/4^Y2D@=O$J2JTU"TA]BN&53$PU=G3>3O:TL^
MM-A#GN3`Z@QX32BW5UO'!K//-Q*NX\EUDI)P%E^]C9^#>"9L.=]T;H"*+4E(
M13;L2S5;[$!T=]^&KOL,3<!A^DAY_TCFD$Z1+F[F+U0^92YN*<7U<ZSL#F`D
M\3T9)[,8'L#<Q%=!&L,;+BIY63C#WI>`9VA"(!I"%H1#K#,'46)#&TO(8VAE
M:\>[>@,JBS![!K)'4\A25["`A.,!'YH0BX9`Q*:/"N1WE8]Q=.C1#2TWH)MX
MG,QE`:.-7P+-77,Q#X4NYCXX#!5&6E1!>^ED2V\]@Q<O=5263/X(N5$-\2!*
MW%'7_+]#;O:9%">&2B+MJ=V1/6]OR=EK*K?'-(BS8%RF!O\9YL_EXMZ[>!I-
M'X(YN2J;",DUTVQ>@-@U+^^(Z^798`6&6B0MZK?%YR;U%TL9"!1V^X=`1-=<
MIB/^"Q(6-@S%05I4*8\>SQT]L,:+YR2B#+\@,56CLNK0912$<^JHED_!)_*(
M@.HT@+9K_L^1T/_11(ZBL$B+JNVUA4Y$YYQ]H4))@PA*:4WF5-&R/"WC\U=O
M+R3.I'?J2I,`TJYY3T>2QCL:N%'4,6E1J3U>U:TZ92II[\ZO*>V.6S8Z4%/A
MQ1L;((J2)>WIX]">R[7DHYZGSQ\$Q'7-61IRG24I3F:EDA[KG3U7:,E:ZZY^
MHWD!8M<<K2'7T;+!BEK!W\E5U-#>,__E%\7']OX/@8BN^4M#[CM_)K9:I][)
MS=#07BV`Y1>KU*+JI@,NXN3*M3L"R.J:^S+D%@D0@ZS5[9W<`@V]^BK`^\?@
M;;G@E^$1J<_"'`4OFKKFNPPEOHL(:*VG[^3:Z-CC\]9O))?NGLS?`MU=<V^.
MA6]:6?!J37PG%SS''E/XSK.,2.O+5S\"2KOFG!P+$^>V<-5*=^:KZ.>J<-E-
M?)VD8_(M2*O0I]_RGO>06JOP.FKUNQ\G0[,W,>PK>9A6^'ARYU?P>4SMZ'?Y
MPKD6WP/0[#&*/5YZ-.=NJ=#FQ5SIG>G6;RG=_M][L'G)WXU8")`H@=F#"DM*
M$+RI*\'F;X%N[[82FY<")6`@P/!X9]5A9?04A;.J8J*J&20<"Q@]VC_K-[(L
M*O7>0'-G`(QN+2=IJ3`5&0CN9I4Q]J$FF&--\)A[8V++.7X]T.!5NXS+?'W>
MQ8?BX6];^N<Q089%U\7B&[3N5%%+V7!`A[8&@TPF?&U5A(W53+`L8)^OUAGD
M5<0I5?>1#:?H7+]2T/)<%:6AI[@,P!AV7_>*:_9,H3.*VUIY197:=HKB:*:Y
M2"HNMB!;>UDWJZ]E\%2S+EQQ21V$-!@K5`]7&@\DHPE4*_*7'174@?M.=-%>
M@@RC5:RZ(LH'`[%H$FD4.<O60F6L&"S0MMPHG^\,+J%O+$E?@C2GA]I<Q4!A
M#0$4G727Q`\)!%`QE(:Q*#R/KM`]>2G2\7.0D8T]89M*I2U?>1Z*U_5+`LT2
MWER9".).FF@QG.GV]-7LU4"']1653R00BB6%1>(0>1&U/1=I5?9L>0(N5GDA
MR^:O4MM4<08@&XV;I,MLMJ6JAQR#LKJ\5[7XF&`W-PD22,<YF=R"#Q'FB_)"
MY7](D(IRP=4G`>)1^TZ[;.8Y3IJ`>Z^1]O+"-E\4K3X[&<47Y#F(IJ/I'T$:
M)D5V/IV&41CDPN>$VG,!%#3/%U28SM9/4]P8_'RG:HKLCFF9%$2WCS)1U`#=
MS@P4(YZG#2K2T(O4L]%B</Y=:JW/!PWKX/37Y"=)[PE(/XQG6R?=@02@VB2`
MU'M:GXY,^+JK!1A#35:GZNLQ"W`MB'^&L^?F^BN<!;"B\;M4I**BP"J(,11D
M=:K!'C/[-K:2,'BBYEK.KZ`A'`,X.N-ZB5O5B?!AJ,SJ5!?M>5K7!=P3KCYX
M%RS*8@U;2UP4C5(8#@1WQI]BMU/6A(JA1*M3_;-9"SBLXRA0M?Z5I'`-F#V0
M,67VY&+QE>30?VTTO:3_&>;G<X@;"A32:#X*Z:0S'M.QH'2P.78,55==JNR)
MO:)6Y[-92N@G2,7`W3C@J,BS/(@GU%"Z)!,R>4R6<B'"^&F#60%>9YRF$VX]
MK.8<P%#GU:D2V[N(>GP.T\D=W+YL[!JB*"KK]T!29YR=$^[%D@@;B@*K3G7*
MWCU2M6Y'T]V52__/]2P<EZ5MQ:7_%&<`LCOCQIQP;Y#TT**HBNI4$^UY-3M'
MR9+%!!:YG>-9=4:`U1G?YX3K^S1#CZ)^JE/-]5H5:]ODET>&&",HAM/..$`G
MDC)8/'0HRJFZ5,-3CW=$UX1D4*<^F<_##/+6LK(*J`019Q1@Z8Q#<RJ\!1(C
M9!9`]5F6:"-%FR2S-'AY#L=!]!D*M8=/!7Q[WUSQ6\%HU;-\DV"=?N^[XWZ<
M'!]XW,^7M:^VV*^2T,@=1_$,,.56RQC/7TLRB!@2K)R(K_&^GI'Q;[/D]?<L
M?TD!RT'Y)\!PL($!_N['Y3F'TN6_`CUH]F89U_9U:1M%;S6F\76[AL9\^Q^1
MQGS['Z`'391(QC6.QJQ08,B.<Z(QC:^W-33FYJM(8VZ^`CUHXCLRKG$T9H4"
M0V::$XUI_$920V.NA1IS7?(:39Q%QC6.QJQ08$@&<Z(QC<UJ#8UY_#\BC7G\
M/Y0>_U4D5;G&T9@5"@S)5RXTIGEI2AT[YG\)[9C_!?1TPO)E%Z'<1H$A1<J)
MQK1I^=[>B#3F]@;HZ83ERRX0N8T"0U*3$XUIT_*]$WK7=^"7.B[):$MC^);O
M"@6&G"(G&M.FY?NG4&/^+'G="<N7709Q&P6&!!XG&F/-\AW#_6NZJ.`L_V,7
MR?*O?]S=<TA>_X#2YKHJH27M85K!>T!0I.NXT*#F!09U8L`C80QX!/1TPA)F
MUP'<1H$BK\:)RMC+%GPHGAZ3/(AVK_ZDU2K$`X'(3MC'_")^2@!1),`X43%[
MR8/?RIOU((H6G\-7DF;A-"03J7X)1@%YG3"E^;7YY.A0Y+0XT2Q[R8!EPD5Y
MZRRO_+CW6R"E$^8UNVR>"!.F[KM6=<=B`_.R(7QLM#7)A@*AG3"B^!W,%2%B
MZI%J5]'L65B7E2?S\$+&E(%CJ78Q?P\D=<*>XA?Y$N'"U,/4[F'G)3SP_4$2
M'OC^`(SO1'B`79ES#PBFYN!V=R*+AG@2?Z?R)1-%DXGY>R"I$\8WO[Z;"!>.
M'K9U(N57U8ZU>P,`CL=2U_#F+AR'+P$T>:V?.]6O/TLW6H)(/@$@Q&._\P2P
MKX':"%&D,MK12(_9UVQV9W>$,CK.@QDDQJ=)ENV&>XST5#XMY0:>4FY<8>EJ
MKS)N%,F65G3ZP&<7S)H@I?X(6S\&RCWWMN2RDZ]U3`P=[EW93'X>SW<G;W.P
M-;5@,5Q!-SG06,<XC@=AN_]RL7BDGQI-+Y)X<O4VC@IX`LPN.GNQN+VX.;],
MTI>]\K/K]C.W04P/!/C3`TE?PS%9EZ:=5`6^Z=GA]ZV9\SYR)SY7J_/^3B>.
MUZ[M!H@GXJ6L"!B#8=Z":.V5!/L2)4]!=%?0;XVKFO_R>V;N&$J:Z]>/-AMU
MG;!?0*I`?!]Z9O864J!G#]2X&\,G)GJZQAD')**YU5'DITC?Q#!1.6CVC,R3
MYN\G486'3UR_O[3U`/R$_013%2*&+=")^*REJ%N_'SKIQ$/-$_9#S3T@O54@
M>]DTEJZ'3CKQ7/.$_5Q3A@O5L=@D;GEB5C:U0[=#)W@JIW(%T.QVZ&2C,FKW
M;X=.S&J@]O1VZ`1/^56NL%S<#IV<8"G%846G/V&(T9O<+IQ\<GN*&]T.E>Q4
MOQTJ,;S3VZ&3`X_G^_>8\CQ:T+5_GF4DOXR"+%/PVWG#`(W;L[SQW5#);KYF
M2I!A.,/MRZQY41"[:)1\+?Y`BLAU61&M8(N$\WK*N`6QG^IH5@X=LSJZKI2N
MUZA<PGI#?3Q!$KMQM*%8O/,@,4F#:'T?(+_M8(\`LM!XSE+N<6XXA-!ZK$_V
MGJWLL?`K"3*%*S3!,"`0C5<KY:.B9NWCP^"].E(O>V\1;HNX#!!$W_-EAS^I
M:O&&`&%HKBJD_&.KE00;ADJ3CE3*8FOYX.TB&/^E\(!SYY=`!IH["RFWV`K$
MAH2AWJ0CO;&7E51F-KXD::YF-K%^3@G"4VQ'RC>.!O%Q82A"Z4:-S(KO,-6H
M:J5\-2G&:GK$_#V0U`WCFUV`1P8,0W%*1YIDS_3^)PFB_/DR2.7F]NY/@9!N
MF-C\PCL<3!BJ5#I2'8MF-5B/0;KX9U)DT,]=:E.S?@\D=<.@YA?8$0'#4+W2
MD2;9LZ:KYQM).OH9DXFZDR8:!@1VP\[FE]Q1P(>AU*4C];)G=*\<7N6=BCF`
M$H6GC(64=Q+?GX4,1=E+-]IDL9C30UY,(%4@H2Z,O'+AWH^!F&Y8W?R*35Q4
M**I@.M(@>S9W64I-[V42;P@0U@T;G%^L28(-1=E+1SIESQC?*J*F8T+QAP&!
MW3#-^>5W%/"A*'[I2+_LF>@/T`67A+/XGD3PEOH\GCP43ZN_E1^$*N.!Y&X8
M[>QR.[I`4=3.=*1Z]LQW^&[T!1@80Q:<?%-C#Z!$X:F"(^4=6[F$R%"4I7.C
M3<<>$TPODP@6<AI$X7_(Y#-YRC?>P0IU46,&P-@-K^!8F'RJ#A5%.5='VNKQ
M<<D]R4+PS<(@NDW2?!;,2'57^T#&12HW"K7G`;S=\$".A<](=`&C*"/K2'\]
M9J]"BWN2CINJK^HT@+8;/LZQ,*]5$R^*RJ..E->>SW-)SZR"LK7\BF*Z#W<,
MD-8-W^:8Z]O(P-5JU</KB&-[_@Q4,$M2:B7IZ15O$"2N=\.O.>;Z-5)T=9ZK
MWXY<S1[)>;0*6R@YY]8&M/!H3FC]*2+$D&[=4`L]VG8N:BP=N+7>+.B=T&Z3
M06,E8WLMY%G,YT&Z&$VK6IJ+[)Z$]4_.9RDIL63TI]\?MFYT(`JZ6P.,_MU6
M>'[UK1'E>;4$_1;JO*2TAOE]65C@-DDF"Y57@>Q!/TY.?18DOWHK^1SM$Z?D
M3<F&4W2N0ZM:SU6%,N`O1D68&)YTM2!0CR'7I<R"8$F9"B3F&,"!)JRJR'2^
M?HH@OA.E]&A#U]P_-%#*PUV)H8F8*C)=KI0LB!C,Y1:4TJ-)O>3^@;Y.'NS*
M"TT85)'E4I5D(<3PN+$%C;07`ZUF#@:C]/PI>24*>B89!>2AB8,J\I(=M)*#
MQ/`DL@5M\^C8+)>ZP9F\>U[AB:$JLERZ_[$08GA=Z5XC?=8;K4BY"`+],WEW
M$"#IDO<BKC(JQ(CAK::5*HQGG^SEB9_/9BF9P:U(68MUV3R'3.Z"=%3D61[$
MT"SGDDS(Y#%9!N)(RJ.ZP8P`"XW'PN4Z^Y1N!AF#6VU)+^WEFF_$?._)&+(1
M(=:=E;D&T*;I*\GI7I&-IM5>43%>H)5&\P$D-"X+E^-LG6P"&(-/;4DC/=:K
MY4A`FA3''`58T+@T7%;S3V8Q+`PNLR6%\^BH<'@\BN^"</(UR3)3Y=N<@6(\
M0./&<$6@K8@,B!@\:SM*Z;-V,I??W^.7QFJY.0?@1./)<,5@H)@,D!A<;"NJ
M>6KV!!]!ELNIXW?Z1@7E3]FO\H48WFE!^5.SQ]8HLSZ0Y\6=LM]E*^%"Y1R;
MZ9G/EPX;K'V`,$203NZ2)-55M[VQ@`MY5MPI^\6V#CP,?K!+$?KL4,2*]6[1
M:!RH9\P"6#$UEE01#%]U]4!CV$$=*O&9SVSCEI7XS'$FLF:'!!7)6-#BLP,D
M/1-:W[+\YM%OR//\7..B43044*&)J.M)0NA6R0"_2_7UVRMN4R1W49&9:_#N
M:,"&)A:O)P]E)>9@QF`1MZ['?D-4FU(QU^$=69ZB">'KR4%9?QEX,5PRM:V[
MIQXC_SL2N0WC)IOPWG!`AR;>KR<192WF@<9P-=6Z*GL,5FR+I9$UP3A83]'D
M/>E)0U6-.9`Q7&*UKL1H7#IC!=Z59`?=N5,-=XX!%T,B:>N*B\:9:V9',$_4
M#CISIQK.'`\SA@XDK>NQO1H[]0=>X`/!')B<I,%3F;D!!%0"E[YCTIF&`CCK
MH.=VRBW*8P`>0[>3AC?"'O?2,@E]*;$P^TOE_F5_!&!PNV=:N/T5;I!\4!BB
M!+:$=.:SI.TV1:M7#TIETL2#`9ECSU_O-I?+?&4%9"/$<&M@21?/?)8F<ZJ+
M9X[+DNE>RG*Y;ZZ,9P=8\@C<;BH6G]5EY0.P9<FW!=0>E!J"W#%`&IH0D1(7
MV<:>#.`[T#![#^1VF'E/ON;R"I_\04`<FDB.$A^5=&P?(88;3,=*9J\RQXCZ
M81D)LKLT?*7V==4L$*SLNIBJ2F-@]4F`>#2Q&"4^LY50&S%"I\.V4MJ+NUR]
M05?OS^251,E+R=4@#B:!5`^%X^#=&)K(BA(WV:JG`A+#[:%;D_R3O5:,9>>X
M]9M]^6['^CV0A.:N6HE[G(U-`(YUG==F&=F'\3.9%!&Y66^W5FJ[9F3\VRQY
MI1R':2L-K_Z\J]O5W_Y8?U_@+#-_2SEIMD]:HE>X^#B__G'ZR?7&J12,$3%T
M7YG%8.PY(AZ$X3'F]_WA,:5F3Y$NSN/)NH68TA6.<"S@\KY_BGG.CZZH(.NT
MQGF,['U_*`/_&>7L70*--\=!]%`\3<+7,%/NG:8V"2#U'H412T&D@QH0[;G(
M'I318X+-=5*VWUPO<>A-IZ2!@I&`R7M@1LQOOMK)<=GS?#WHFL][W+J;#7!4
MNW&98"S@\AZ#$?-<<)&A@,R>]^M!X^Q%4;B]",]G)!XOI'ZNTGA*LO]B06)V
MLAU='73V\EC;5RBSRD!Z"O6-2KJA3NU,`80C=@?8=7X,`-I+-/6@63[O^UMN
M\$G1(O8,)'?_>B#MY8QZ4$FO/6?;Z/!-,2+V%<3U`-3QV<L`]:"#%B]G(1BO
MT]^3/0"(0FSP'_!O645PECIBH4NL!QVQ9^7?)C%9W`;I7T35292,HN0-$%OT
M!UR+7HZICL%:Z/_:OLX,[!GR=R1](7D11+`'G\>3JW\78;[04!^U"8!HQ$;\
M@&O$:\&KE:J3D?V!1QN^VMWKPOJ3C4M=)6OI_VWORKK;QI'U?^GWGDF\Q/:<
MZ0=YZ_$]CJVQE>XS3SF,"$N<IDB'BVW-K[\H:I>P%$B`*,J>ETDG!%3+!Z"J
M4%70#0?N"-OL!TJ;'<G<`GM^^[C/K^7OGZZ#*/LCB$O^QT?V'%1/<0^'T'8^
M/^<[\W_3[(+_U2B%IU]1=^@V?P)$YK,VMR$+B[]#I<_8_3&07&MMR1#5&!;1
M(%^!3D1((?^YXT"TYUU5C@4\C\&]SS2.0MAH_[BYTEL_ZH%`I'=ORZG\Q483
M2BH4%L!-\I1FDRKJ<#Y=,;UVH31%'$G(68!OC]VE*CMB,`Z2`9O`O5DVO9D\
M<R14NJT2!&==YZ$?_2B!L,Q-<A5D292,\CE3W-Y=1T2.6O?.?I?+\Y!",EH]
M&&@,/H<"H[#P]A*,]KSRVS09#5@VZ;T$40PUSM=I]AC$3'L>J0<"D=Z]\+94
M(3Z:4`+Z6"&.U&*OYO)QG&9%K26B&0ED>H\5M*4,\1K!28A";=U>+A)[9:.S
M8*7Q"E$-`P*]WSJVI0;Q\D"(AT*)WUZN#8])F$N%/T'WHI@9YI?HA@-W9&(%
MKG4H=WZ08J)0U;B7"\S>;?3:]+UB&7+2'CZJ89S`(^_WT6VI07SX(,1#H=7J
M/JZ-(X_%=O]B<5AP0HHJC&1X]*@'`V?O(BAPI"S<0PF)0C/8QW(R"39#\_E2
M;&M_=Y,\,,BQ@X?I@9$'!LT"X&B]#(K@%ON.I]U?`SGZ;.U=DQM4Y\<F<X-<
MW$8=]$^,.M&TXE;5@KPZ_)PI921ZS(TPO'H37*X<47NJTH(VY*M((@`*$6P+
MJO3H[E?WX`/^*_G&%1Y7#,H0U0T'[AR[^T:7EQ+IRX&'9'!/@.CQWMX]$!T_
M;F[8TU0B_D9(/"9R[=V"+CTZJ8WJ[[0%:<=DG%2D&A2(Q?#Z3O#JT1M<*R<R
M#>;+1P)/9.Z/D0I0A..UC%*X!J;L3!U[=*;:3F\\WC/7ZUCI>IG)Y6.=:&3=
MV-=KLW<CIY?:FR@6Y+^+=17W%)(<2"/:YU/"G2G$^N+6^6Q_':D?+K8G-`HI
M$%V_B_KB\\7DFMQ<I'GA2%`P-4B%C*?M1N/V[Z36!$?!;>_\LNS@%?%R/W<D
MK>7\(!\R`08WNK>_0+>EUV5OC,PJ]5E"7W>C#K)L&B6CW@0L+5?'Z,:/@*3(
M9,R[08&#`U4D0I'#Z>?1B8N43Y#D+#P/XB`9LL<Q8W8?H`A9-%L-_`_;BX#_
MU?=;-@KBJZ10A_`$7WX_/6B>WX&E<O:SRKN"[<^`/@H=)N2BVT6[A`?[??X=
MR=MCF@5?[Y#:F4Z>@T3=,U8Q`GCP7CLA$:Q\;Y0S0L&'$&YQRX>7^0;]7/5J
MQ)H?IM-Q2?AM*JLB%Q,]1,P`/'I.^JRI%CFH\6QW-W>S+7`TSY1NQ9IP"V'C
M`"Y>MN*#7,SAQY9<2<+CE<:LJ5#O1UYDP5#GNFU^S"EWG>-F\")?/;%K<C2V
M>:6`UX8:\QB;WR[N7N6^W*4)_V/&M,$#S!3`)9E8NU`!"M3A^=L#+'HT10=9
M$$;):"5?#?$[WP/]9`+&0M'*429CAD+\MB&D/$9/Y6NW'[-PQ,)>OFK07WN?
M$\P%?).)A0I54F?#DS-*(46F(4PI=-S8D?A%PR/X8G4^>8\;*45?!XZ;S%%(
M$VD(0=]-,]?N*32T;W_.J7><W]0(8/HVE+N\4.@NT0Q//I-^\%#:DCQ=-T&=
M4;/+!H4>"@T!Y#,P'>3C7A+"_T$?LA>^\U>M8!87II@4%-0<P"==KT&=)6+"
MH+TWSKS!T5[#P-5JO4G^''-K=GK_FK#PL?R11V$49'+O$SD:R*7K`(AS&<Q8
ML_=>F3<\>33Y+]D3X]9K.`C>9G3=,1W]HB'`!5W#_HO2L%?P8^^=,V_8\FW+
MSRC"F/&S+SG-)W0M^"]Z"WZ##8NOGOE"T(G/:P$,>%8"IVNSGZA#^^L<6'S3
MK,LWGR<>;?[;*/@1Q55LAUNUCT4Z_(N;(%PM^;P5,6XI8:<!;LE8_C55)0>W
MH10H7#1XT+_'RXEU,LT96^.!C)]A*'@<=C<9I7#%:DUQ'OV/\S3+TE?H)OJ-
M[SO9[V60!4G!UI]=[(TRQC`1/*.Y@&\R'HM<+W)LUN%VKU#KL]I[>??SR/>5
M2OXK60_2!_9<9L-QD&MKT[#S<'Y/R7A%<GW(T6K**34SH`E23SUZ4(OGEZ!)
M"CJ52CP(."'C8<DEK3C-56Q1R!RP!CB?OE,:)'D_F"*2LM<_!:K)^$!RJ:K`
MM<,,A4P`:Y#RVJ(XBUZ"(GIA:[1I@]2",<`'22=E4\ZJ4+6<*PIY`M;0YM$C
MJ8*X>*!M?P[4$_<K3I5^A80A"ED$UN#ET77`(VM3!V?$S?]3I?F_RPN%-(#V
MXWQG/OL?[1!VDPSC$M*]^VE6`:DHLNA'6;4=&*1@(J=)P>'!21G=)`7+6%X@
M96+WQT!R)%T/A+H5/K$+&5%PG#N.-(_>4S^;)R-47&%RRP0C@`<ROI03]<C7
ME%P<%&*?'5\8'GW`BW0R21/TJMC^'*@GX_DY48Q\24AD\7%0-!:[SU*=,*R@
M&\3](`IODHO@.2KTM6/B4<`+&9_5B9KDJT,M$@I1X8XO$H^^]@/T!TM8N'BP
MLC<<EI.R:GMVR>$]C'32T$_P_?3P$QG/W(GRY$L'+1T*@?!.KZ+#3SZ3,%=J
MK6*#T$`K8V-H#?/".%_IA,$;L7>LN'\:!&^Z(\AL-N"=C.?O1*V*HZF6J"C<
M`W1\L7EM/L&"O,RF:$]G=P!PL+?N?Z4<^9*12H/"]47'5X7/[L,[S!AS#QSL
M;02@4HY)H'DNC7=Y"7/XR:/?KB.S(9?`'1E/WE`EJ-M#%=<4G'7OA3.'GWRV
M#)3V2.E-8%_['PL1KZD@9^&\?B;C>M=4E,+X-Q+"!_1!HI]K><F:PGQ1MRD,
MF@UG`?+).+HU9;^+YGI"H!`O(H!FGR_U2G>?QS'7%V11KZG5SN:NG1ED0L:Q
MK:G0.AL^5C`4(C\$EHU'/W4S^Z`?9/=916Q8A2+Z+'L<!YE91H=L$N"4C#];
M4TW8-`Z-#"C$=@C@WN>C(AOJJG23]\J"[UNP11GA?7LP<$;&HZVI%BS.);Q3
MB-(0P+='OU:DIIL\+VMA>S:0<W309>_UL])[U?)-H6N7?TP?>+S6%:GHOBSR
M(D@@#ET#V&NC@;<N>[,'RHM9'/,4FH<1@+C71Z66F8\U;7'$#,!CE[W2`\WS
M4E@!D&AU1@#O-)*D#6UPQ4C@J<N.Y@$V.5K"^$<_MID8/;J7.TI"V=Z24<!+
MEQW*`Z5#J69Z@66O2?\$L%S+E13>$R%S]!8]9F=_(\^2;#(E9^RPRQ[E@="C
MM""1!>K?^>WHH4=G<R,O;[8QF>0USD8`#UUV*@^53J6<X05^-^Y#/;_#ON+T
M_NG^F65!Q:V-!]GK@^R/((O@`FV1'U>]*1JQ_'QZ$0=Y'CU%PXK,^R?MRZM-
MIOQ^>N0S5KE-F)`%]9/E=:;B7+N.9Z*>D;>@.85U92X0"F7''B'A\<P1D];/
MHDF03<]94I4H\3]^W=CM338"Z63`.9V3REQE\A502P[VUD`+[VL?-8]88JE$
MK+OMSX`^Q]%&U#8K%]TN=B0\M(^*FO+VF5`20(M*\'>"!+=1"48`#]XC>!+!
M*BY9I(R0.%(7AO#,V;3@R&DG`NZ]!N'$A`X0G3Z58X$OMP&Y((XU1Z2I$E0!
M.#VK<P#_6B$8J`Z+?T!]#W?0KN+JZ]]^R=EH,NO4._]W[HJQ\+=?B@Q*`O<2
M!(V=IC:L`\<AMC$?F0W+'^S7Y3E<#[KK4A4?R6+>*&^N-E#F,PI&)T#A.(YF
M'<7JT%D#(5#H@N3'ECCTF)AQQXKU!QZ!6`UK@A'``[W$"ZSHY6B6LTIY;W8,
M5GM/KG+Q_LZUFL.-$<OOD^LH"9)A%,0W2<Z-JUEU17$=1%F5Y=)+PNLT8]$H
MN7H;CH-D)$.JE;F!5>^N6FT-B6_O;`GE'6_5OMNA#[@>!FSRG&9!-KWA'GF4
M`;$SC:Y7)>%J]6O-"7*@E[>!59]\NV\B#`IEOZ0`XONU6S3-BV*_IS3+-XK]
MK$I&^BM<5D=D<D6::-O6NM))BH+I16FE'7ETHXUHGO?3N4E4F4/GH'?(&*K5
MAJ>5M>R3#]`WF>O,)HBUM%L0T`4%8YC4?N0QFE$'.P]LF(X22#._21;]4[FC
MY&#'D/P2R(Q,]*2)UNVN:;6T*-C;?ES0(X^7X!O1@ZNW@NNDC/(QT'K_!(\Y
M:AC5C@?^NAEU.5)>H6,9)]5OIUU8^XZLH(+?:U\"S=V,@ASIHR`;+)+J9M,N
M*+VVS']A2:EU71:?<6J/R<01C(4LA^,6?Z0ZS+2*Q6.??OZLKB`97;T]`\%:
M?WK[>Z"?C-]J+';%9BEAE%2CF'9AZM']6V8=S)2A86OK:Z"=C!MF+'(Y1,5L
MDNKZTBY`O;8%R`MHG(S<1K<_!^J[Z1T=:TK_A7R2:MO2+D9K.4.2]KF;8=!E
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M@W=W`'#C\>*^P0%[3*>$02I6]$%ZO%:"L`^0\MFT:_?@7QC3R,1)Q`R<1SI)
M_U(5J`+V6!8I9,>VIE+?F?@",N7IR[WPO^4LXW*9'RU,BYZ=829)PRV0`=(F
M%+3"HD.12-"NX"B<%>\0LKY3XP5L?DLR%L209OVO-(;:"$A5!:OB/EGC.(MR
M_D^7_#^349]E41HN6:\IWL:_"_(D$]1K&43F^X@M<7]L'%YT[M%]MXVH]K>,
M.7J]AP\\`:>]S6(E:`IF_SO<)GS74%C$$O+RS]7/@C3)!(A:AE![&\:6M"D4
M];W#7<-WJP[)7=L#&V[TC%LQ"+?=O?N+F_G[W/=/*RDT=4N:_S"7*)U"G)9A
M9+YS6),WA<K)][=W>"U*L@TI#[O&'+]D0IDM0Z?%_6(E:0KEK.]PIR`8^ZP-
MIH;.2>/?!7F^Q]BGNM+-M;AIU!ZW<Y?ILTK.?@>H!8.6=DQ?M(%>R$0Q\3C2
MK%C/TB03JOQ`O%A']FHAC<-7@I#5>D3KSZ@8Z\6C"TD0H`S$3"O:Z1EPNUL6
M'2V1N8+]V+#$^+'WIK4?P%'<JF;PIU-;2P%DE#:IE7X^["G:VY/%BF4_4.L]
M%?P+@GO4@C`0,JV(KF>X4=JHMI1$YLKY8[<2PZ=6V-AHMT*$!]-A-`\/SM[$
M^9,CCH7I:V)R]=PJ#2`Z6A%BSR`RVX-<Z8/,+?7'=B-&BKW7S5Q#R^]&,X<T
MF6@T!>#XV6)6FB!SL?VQN8@QXCZ2;0M4F@ON-DD`P7W$IM<@Y&>;V5+'>[H+
M_T(P07;^,.=%F7&$#*>#+$AR3BTH-PFK_XJW5+T$6N4X\UFXEYVS2S;[_X8)
M0Z[(X=(_(1/SQ:/%/$?%L0#)A#G>-Y0)9LMBV5T$X68>[<Z)DC2HZ[-)`DB9
M5NRU?8BYVWT,-$#FEOI][S@$LVY%[&["RVK5<-V?`^G1BJ"V#QT[.XF!M,E<
M'K_O7<-W\J^%(\I^2;%%"D#&M$*G[0/,O96B5P`%MZBM*,8)P>8`R`!8@S(;
MQ.P@&S(!1KPNZ]7!X.5!X:K23CO)$YKM).NO:L[3*9FHF%3D<H#J6:.P,5L!
MW]&I1_`M"1K`^L927WW,*3]S"[$@CLV!58E3#BPA#W,L_5J%(H"<L/C',$T*
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M(^0ZS02$:P,[JL'`&9DT5*O*4D6($!*A<+'7L17B]6WVV9;7#R)(G=&PO/4U
MT.X]SNE$'?(U(!8!A52*CH'>HYL_2T@8!&\LQ^)^>P!P0,;]MJH4%?0E4J!0
MEMPQ]/M]4KD!$TXE!)+9/X==G<MG16(TBG5]A8Q]IO])U#<K$G>\[QC^")<4
MG:3"&BHV7D/UY$/8Q:>**@(N_B#M#7^64;9ZE&#>\6#5X`#I[R-F`IZI.__U
MU*AW_O'B(1QKIKJ0?&8^K05"9\]DU%])!E,!U]1C"/44B8LY(^7S<2@9J\!C
M@&%=P5^#8J[*?L:>YYMH+^%V3QSGEA99[=\`.5$/8]13/6[U-14<X6`WU65I
MKT7:CD5R'439'T%<LOOG5<TH]!?6+JJZTP%#U`,6]72TNWX:RHAPB)SJ4K'W
MS,2VQ9&O-CZN,JY5:`;'-[RE.DW7CHWY.<N.*]*\+";I.PXVA48X!$]T=9T1
M"%IPLV(#!.,T*P8LFZRUF,0G*>AF`I[W+VAQALU80(J'0B2]8PO):[G6ECU2
M=48P7S[2\<#?_H4GSC2%8#BAS)?*R<=20<O=7O-YA?$@=&61"\/&U,#H_@45
MSJ3]WRW):[Z<3C^6$UHE/DL5Q);%)<NB%TXH=#WA=);PC8"Q>E8=<G*0S/X%
M)<[490\V)#9?@6<?*Q"M%(^9%]O=YX"CBS2.@X(3&H/V+](2LC6?@PRQYDRG
M^WYZ^FG_HA5GRCR+FC):7`1_^EA82#V<?K+WAB/\4M4"#GYBD#Z6/_(HC(),
M'=%3C`+R]BZ04$E<;-_I1;$`^$>J`U[<!*(&6\;"FEUNP5B3S0:\[UU$H5*G
ML76F$=%B57TD/>#50*]Y`I()IQ("R>Q=1*)2MGS-69'88@EZ[I_L*;'\U&?K
M)XG^KJ,D2(:.-Q[#'P%)D0DXU%"Q\2*J)Q_"R4)4446E]T*>EYQT-H_=WJ;)
M"&X/+]D/G2B0LW!>/U,/)M13'RX/3R\:PLGD1!?/9X\)#@_+:P_S):,<"WQ1
MCSW44Y5\H6`$0C@_G.KR(%)KL>8;WR2KO*['-`Z_<4LFZXTRQN;W\1P)938<
M![FNV6/S'P`)40]3U%,Z[D1J)+4/2\]8,1X#%^O[:\US:GM'IAYLJ*<@W!$E
MD`7AW&^JZ\%CY&%=F0\,+O?"?I`54\,UL3T4N"(3);"J*-RZD,B#<.8VU;7A
M,RJP,@M6I_[]TT4ZF:3)8Y$._\+?%DDFX!P>[%\LX+,Z%H"5"N'T;**KY<!G
MG<-Z9B1HL1\'VJL>\2#@9/\<_P-U]8)*$H2SKZFN!(\>?S,FG$H()+-_GOZ!
MTM.W(C$*"=O^[D8//'KL5T]/;%C</UV]<4,A&;$'3NA]`G176?;Y^.IG&;T$
M<46[^7IJ.CU(ATP$H(9:Y>O&DF0HQ`,\KAR?#TH)5=47/N>MX]I@*N":C.]?
M0UWR%5%#"A0\?H_H]_E6LU!9/6X+9-F4;U15E7TMV&_-P?D\)./#UU"0*=[%
M[%-PUOT!O=[KO,(4_@<V3+E=&D?5*7K_Q,W7U8/O@W3+F@5;]GPJ:""K<;@<
M_!*(@8S77D-_N^O`G9":N1/[AQN_WOJ*>KWSO?H6Z/;N2[O3A]*AWI$"A90M
MC]N_1_^X%_ZWG!>70W;"#`IL"P/(KN/(*)V+GP0I=M6//E3ZT0ZE1:&(>8_P
M9Z]=X445,;E)$*?I]J=`"!GWV:&DQ>:61!K-CA<7*B)4#,\)&PZA%GO^@!TT
M,5U+0#`OA]=/R"5PY-WG5:A&OAO7YI4<!(\\7O8*I9B5L/+7W@V:(IXJ-Y@)
M>/;N8"J480@Z)9,4<KSWYV0_JN5?"M<L!,**Z4VR0=/]$[+3`F(TD.O=K6Q!
M'^+S'R^@CQ5B52,>/5B@=OD&+[PV-TCYT<LYO$@GST$R/9]R?RQ/XRB$4QFQ
MTII/#!(AXXTZ5+DZ]M](=A3J(O9H?=KS33DM5679@%LQ`S9Y3K,@F]YPI4:9
MKEND;B@0NN^^ZY'4=T5*AT)"Q!XM#'N-\W>M=$[=[QQN.1#'\OM%SE@0KSH,
MYKUBO6?[=9JQ:)0L<F84:\G!KW%Q''OWREO0MWCYN1,HA22._5FQQ_;NRG=5
M7FW`G,0'%L31_UBXIG^CM:B8!UCP'H9H04?85:87%87<D#U:/QXORR_9$\NR
MM;C5U=LS7)2=LX2O`)U`-*.!MWV/?!PK;]9Q`J)0#;)'R\E>G_X5A1MFQ]4;
M_'@9Y6/XI_LG16VMX2Q`_KZ'*8ZEO?C-!46ABF./5H['W/:9T<$9X53/N)AO
ME1I12,<!/_L>NCA69K?K1/.1;&)5%QX3"&RRU*+TN-2^['MXXUB9O.!`FL)^
M_?_\^TJNMYR8Q5]O_NV&N-E;P1+^BPOR-P3^^OKZ-WYB!W_C5/Z]DO3C<,S"
M,F8W-W=IP8#J1<K=,DBSRKF[9$40Q;\T6BTY&_YME+YPQJ+90N%_V%X?_*^^
MW[)1$%\E151,>V^1#-Z"+[D\FS\SB*5R]K.7%5P5)*Y_!O0Y#EM$7%LYG^S7
M<(.PS04D%]TN[B4\V$LV=BQO>VD'=U5N=Q#WRQ]Q-)RM$?9[&61!4C#VKS2&
MET+SKQL;E^@"QV`:8,"[.RZ1JN0"QIR[SD#)GI<ZR")08CE9".0VFD0%"[7@
M40\$(KW[HA+)B>&"XL=>FHEC@-B[(/[*3^I'EKU$0VB)D,$])JA0BP_E."#1
MNW\ED9L8'AAV["4Y.$:'O5O2B^!Y$@S1)X[H\^^G9_Z?TY)(28P%!1?VKO.=
M0N#,XBM3L#)Z><Z*^1&+VAEV!P!1WB_2))*2;PE2/NS=$CL&@L5DV#)+*WE4
MCP?G<\\09TUHQP*I!.W/,_'S1R8LV;L/=8P4>T8GK)R;9/@[2^#UP,5QROHE
M_T/.],<(:CR03-`$/1,_WF/*EKUK/\>HL6N)<O%@T;$2%T%+\TS\^HR,?`I7
M5?TL#<MA<9_-S6!%0$PU!#CR^[@+D`2/<B_,>26DM>,X/ZX?<$%%TA`REX>2
M==Q1*.AWHCF[9C!?MG=IT8]9.&)A+U\]D(O=LU2C@5SO!C)6J,JM#<$E!<`M
MKQQND7TB=@=P-_+48V'FDJ`!HO9R\V.@W"W:@CA68TPJ3OD^)N1ACJ5?*S`!
M.6'QCV&:%.RMN(JKKW_[)6<C^,/JWV-N<86__5)DT!:LH_KS6,5UR;+H)2BB
M%W8^O0N*,L.8"^)!P(E;.W[,1V;#\@?[=7G4(I&Y+FHY*I5\4=CIK&KKS.?[
M2BNB[H()0]D'HB'`A>-H@Y%1IY0U!G@[K.T?[.IUW:,&.]=-\U:P8T]!&1<U
M<2=ND8?@C1;N&F\2'H_8U=-DI@Z'P0S`H_<@&D()"I,0S>2>0=-NX`VBD94H
M67B;!KCK7^$8(,U[0`XA.[D'JV*+0A^*AEZ#QSQN:R%&_C_J'H,R^UK!U1X@
MK''XMY7T3;=!70L($D9TY<Q0:,%A):1V5N\9..'1=AO]+*.PNJ95E02O?\8)
MH/-*FU0^XN-+P`<%J\<.+'R^=T:R:]$9G7?3I`J3GX&-.2=U4C9#ML>(VMQ_
MFMZ_)MQW2D*!%[7LF8'S-U%3`=?>\WVT2M&ZG2:\[L\![?.%L,=QFA7P"O5-
M\L+FY5$Z'@1#@`LR@0^ID!7XD_-$H>64)9QY]%57H8/5BGZ(1N.BJL6+@VBR
MBCRA(SCZJ8!K,N$3J5(PH6$TKQ0:+EG"J\?$IY58'],X_)9PF?9&&6/+^M'%
MX\OHH+%F'@CXT_:3U.]=F3(JRN-U7SI[D^1E!MGG_8Q-HG*2?TM8D'&;8_[?
M#^R%)24[#V+X")J:E7"-`\7\0VXV7_%OH8C!1E&MA=7U.&0)-^%31.!/..;[
MV:=ZM7&6^)B3\BW)N7BCIXB%J!"^=!SPX]@*,;J'5@E=L9(T[)$(0;A0G<4K
M&*ZO\6`<9=RC2-C@-1V,TS(/^'*.G@K&$/<QJ`F`:#K6A4:TDAL:$T;W%GGV
M(J3_5W(I5N+<E"5#P0XQ^OO99__U?UBABC&'YY)$3,H^X#Y;K"=\9,]%);+Z
MJ,-.`833"9%JQ"N&GB&K)&),+O!GKXSQD@W7!+ISAN`0B)\$B*<3Z-2(6(Q!
M8V9)1*!<H-!>B:1*IH_1&X@T:X3"S4F`>#KA3HV(S5$H9)9$7,D%"NVY'4J9
M0F2A\6:X-0N0WP4'Y+.\?M.<6PH=L9T`T9X7HA+J%82/F^)P<Q).O.NB3DLP
ME/HDQLQ2:"3M`H46:SQ5,AV\\I4]O8N2-7.G$2+E$P)3G7!;Y)6@C1BG4`WO
M!*GM.#$S^5ZGI0U\KJ8!!CKAR(AKIFJR2Z$/LA,LMN/*K-:ZI;URI9Q.N#/B
MVI6:[`J[]^X%&-OQ:&9_!TN\!__!,A8\%4U/<=6<P%HGO!UY04Q3WA>8M?F2
M]LZ=^*TF:4,]Z/O9IR_V3N:=WZGR^56%%)I10)[;<U?:J0$E-S%N]`SY:-O0
MFL::-P=O_FS3/#6DEV7PNEU56L)_&E6"K9L`.'3KH:#K9W"ZV`6I,;,4[I);
M4>WG>O4W;7"(+)C53\&Y=%WD8]@``JF7ND#>8/O]0+G>>U]=@[+K9\%,FTH@
M%=,8R\=$DLM:W+3L!3O%B:1:9T@U#`@D$[@TD*C8A$5P^L[`9\]+^O;,E984
M>K2M?P<DD(E`&LA,`B\!:Q32QUK$D[T8)+SQS=W8*G=?"ZK=CX$8,O%$`^E)
M?6\Q?Q2RPUJ$E[VH8F\XS!CJ692M+X$,,A%``[F)@25FKEFV5WLA&9]%UC8+
M8-P>@38#+^H*:@5_S<[!=H+&GWU6^VW9ICHL;7_.J?=?NX<2L!P_$IZ:F>0M
M0<=G+\OEDYO+M_*6I%YP>Q2>)LTWBP@W':!!>L[@-=)1$OV/A9=E%B6CZRC+
MBW_S^0J67:=QG+[ROYS7)#Z.&2LN^5K78-0;7:`/[UXK"C+RQ>!;>)W8L`\]
M6@`N%/0(;P*'!)<=CC#0B'=W'@6:=M>=D?2:N71M+3R/47@7&H+$!XKK#D47
MZ,-[K`,%F7:7G8GPVG!YFZ\ZC]USG-@C:9D58X++#D<8:,1[*`@%FI;-3!/I
M-:OI:FOA>0P,V-70US1C@W&0W"?06N;/J!A'R>`U_0_WO/-K#BROB\^4.*Z9
M(_I!CT-ET(.$!)O5L[6T"(_V)L2RT!+7S$I+G%Q&:QGBR0/MT`^X'+48<*DM
MPV9%?6TMQ;V)NRSU!+I9:@HL&&)K$4\?Z(=^%.:HQ2A,?2$V*UQL:S7N33!F
MH:AY!<I<3]$+L8,13QYHAWYHYJC%T$QM&3:KVVQK*=K+4'$2B([>BC'?!=-R
M-!ZPI!B#T$T#+S2(`V'3#[X<23-OR$BP80UJ6PO+7F<2%Y*_BJL^,0OASSM7
MTEI?M6B$G'SZ(98C:5,5:H+L1/7LYV-[10FN]KFEQ#<JE:FLM1H4@MCIQU".
MI<45M,2X6&>T\U>.]R:.TJH?!I*C'^$X;C'",9?(`O4;R2,M/FGPP$9E',"4
M.5^MR[?`[H(LJUX0L?%H@?NG),\.FL<WL53.?E99)+']&=!'X:E[N>AV42_A
MP5ZUG6-YVZMK^CI_CQC]'O.B,N/`?R!)(AFQ/2"DOS,*MQ?'N:OV0\T#[[L?
M`A'>XQL2R8@5+J2?0OWC`Q1%(>ISEM]QVBWV#ZJF50)PZROX>0H;O$PN8O7O
M,N"@<*.6+#U>CWSE2IN4$^7:%WX+='O?[\6RE-NT(@XH%-0O"].N?I9\+X/G
M:-,$:FE-BO9$8V&3\Y@:MD42JM16.(;SX3K*5^_5*H70Y3!4L4@!CE;59B]2
M-U^]CV7V')?@OX$?&O'5GPRG#RQGV0O35^+C)P'BO<>[,.*5F+>FC.X=\NQ9
M2+=IGB]DQB6YTZ8%B3V3:8`![R$DC(C%Z*O!*@5+W"K^[/GD_32.AM-Q&G,)
MY?,5K46;?!`0Y]UVPXA/C"TM8Q2:CEA%DCUG'PN>';%Z=_4Q0A+C1<2+RW(J
M29#9Z#)&-P=GHUY%?RW2T6U05..!9+?V%*ZK,%*T8BR9<$JOW;!K]7H,9-P_
M`UDW2<C>6#A(;_*\Y*?#;+-`MO?$3`%<NCTZZW7#06A&[H\:,$[!26A/U<<>
M8R<Z$E$6!6X2B(11BJX8:*<^J#=8?U>P/JSWM&X'87WH^BU>LS;%!NIICNO#
M3T1B.BUO9/:LXMEO#EY3K;>T]260029R:"0YL=$K9L]EVS/7AFKC/A5M)/DX
M[MW@QM`4>N%R_EQV\7(-(H_&H=,+0[>FH!O8*4U!#,<NNUHY!J+/O@-U4E<<
M5^([`9BZ-'^;NSV(+GZQ%W/N<W7PU1:,V/V3*':ONL/0#`5"O4>FZXA6<K.!
M8]>#Y64=7O;*Y=:%U@O_6^8%"^]8<9.\L+R`7?\F&:83U4:+G(&3?4*KU`PI
M:#W8]%Q[,-1L8^[$XSEY$>3C)5'](.*>6#_(N)#!&`F2Z3FW2I*<+_F0FRKA
M8_DCC\(HR"*F.UCK3PP2\>ZEUM&A_!QN+`P/5J!UE-M+>P&[N>2?3GO#85I6
MV4-]J/N)ABS_E@1Y'HT2$*/N%#>:!UCPGOA21^B2R^<:O.^!^7ABL2`E>(-$
MMO7CZBZ=9?+W\IP5CZ_!LRKA#S$<"/:>$%-'Q&+,&;#LLKME6U"S^)3W?/Y^
M,.7K]")X#H91,570*1X`1'7.*SF1/\BM8M)E9\:V`&3/%^F-1AD;<>/B(<K_
MNHTF49%?O0T9"UGX+>&"NF.O_TFSOY;4W0:O"B9JS,;9.>V<CW(B]5'J2\!E
MF\*6<'EJ,\%KX=3E-\D%RPJNPG^701QQ9(RJ,T%-M'8TD-LY9^)4D>:%Y=AE
M`[ZV<&;/8[CD*N>'P_W33%A3#+JD8X"TSGD"IU)/0,>GR_YQ;2')GM7_P'Z6
M#$)2NV4K#RQF0<X&J=[S-)@%R.^<#W`J]0',.7?:9ZTM`%K,E%\X[G,IW8$=
M$KVPFPFW?PL%O>J!0&3G?(-3>6X]AEFG/<7:0I8])T'@GJ^B1"&W<?FJG9T,
M,S.$A3<)(B)L8VK.Z%GGW(=3J?M@21Q.>W6UA-\S>\Z$*J2Y_+<[5D`-8&\"
M7]2,#8LG`V8ZYVJ<25V-V@(0]M+J&BK;N:RX")ZC(HAKPG`^&LCMG#LB?A#9
MC.,%T+I\'W%FSS-1+MA&=V$K>_RL<Y[(F=03P7.\`%J7;R/.''@@HA6ZV\RA
M[NZV.Q.PT3D?Y4SOHQAQOP!CEV\VSCRG*&/LFEF6D=).;#(E%,)TSJ,YTZ8S
MUQ3#`M0;UR+N^Z_V9VFXG-U^ECY%Q>,X@.[)_3A([/9>;361^=!BK=&#>=^X
M0]<U1G5[\!W**XEV&:#1@^^P7CM%2SWX9E$*7`^^]6^!;A(>R:XLY;N7B`,*
M98IP/9.P\)PE_`\%;$V740[M&,J,Z<YEHSDXSS[;JC\.QRPL8W;_M$MMOB)7
M69U2:R[@VRU:I?T_ZNA'<?[6X-I'+Y`]P(O']\0YA2S+X/YL\LS/P6`&T@QV
M.M`2O`MVDX1@O95!W$_S(F-%E%7_-N<J/Z\*;"MF=Z?2FQHM4``R)E)EV@0C
M\K7:G@R)G&'O`K,^.R;+B4,U,M`-!^X<!_^,[/KV%"I?Q$B9?:S`]A16[SJQ
M*RO0]?VB6=N8]C3::`F>-?;FNP*/>K715MW4Z@FFZ$<)=,VC:ZCX@6XX<.<]
M]&^H"J7UA^'VG:#67@;3/!6:;89SM6V25,,X@?Z+JPVE*8YQ(KBDT.K:/>#J
MU5L+`7>7)C^78D5L=\HQ0)KW!")#.8JAIF.10B/L%G!F+XEH0Z!&>YMF))#I
M/51O*%,$YJ2,-BMAWH/(I<>;]UI7F42:?C61M]P.W.:4POG;YGU3O6I\=PX+
M)W1^#=A+$KZ9K/]CWF?9U>0Y3J>,S1.W:_@TAK\`,O*><E='JV:^3SVI4'"/
M6ETM]E+X%F)>G;#+DH1J$UR3N393WG@N8(6,+V\B?+'A49?_=[?9NVFM-I?R
M(J+X1U4N<UFR'KQV/WA-_\."#-W*#S,79\5_*X,ZPA?#MR[_%'RX-N%KL>L!
M7N1\$F8/P,O9@!TRD083!32%\+8$*+B#K8+87D@"+?3KM,RL87@Y&3!#)G!A
M(OZ&$-X60+-&61U$L,77"]$RCU[L[<++R8"9SOEV\L8.M070K%-7!Q'L\99V
MKIBK-_!5=+'%S8^!\LYY;>(&$4H&FS7HZB`</4:$);&@N;N<?0V*X1A:^VW<
MDU?;S/U3]8_U(G#X^2%]I'.^GKCOA&V9B!J,N:_8ND@GDWG!UOR:Z+%(AW]9
M+=9JX0V=HWIW@W6HG/VL\DYS^S.@S[%MC<KUE(MN%]X2'NS%B!W+VYY9NRSH
MO$BSYS2;121UU\3R04"<=S-5(C&Q):KEI3.@L!?P/X]+]A"%(Z9%PM:70(9W
MLT\B&['ZQ0S8B[8[UKF]*/F?0?:CS$;]*!DB7E87?,W)\1_IELA(K'LY$Q3"
MU1=QD.?0ZHM;+%@S7CB&\V2QQEMB4^F>`5,-`P+=!IBU-94JP8G!@V"(S-/I
MCG3F,1]CKJ\_P9+GOD;V$(W&!2);2#H.^"'T)#I"]'*G3<<DA50(%PJL=^GF
MD!]4;JAB)/!$J3V&3OB&D-Q@<D]!>7Q$;9=L#LKCH]9J.S&593KIUT1EQ259
M5-K86CSV[YB3A*KVVO@6Z"9SDZN7KQQ[(J[V&FWV8E;5#YW/?T?OJXH^!X*\
MQZGP@I.X('+&**0+.D.2O4#73(*#U]003#LC@"SO@2^\^%1XDO%&*"9B'U+V
MXFB_9VF>E\^8`T[V.2>(SCVB7G!B,"D8<_`RI*,(A\?DB]YKD(50XX;P/S:^
M!;J)=$-"BEAN)(D8HW"T-5&.SZ8C4.3(SH-<VH8C/Y^NOND'4_B[BH$5%UR3
M<9#<!1-U=TJ7/PE2I!07$:E8#FJ'$J'@0.P1QNSE/]^FR6C`LLE-`KDQT0NK
MJMATQH%B%)!'Q@]V*'^Q<:$7C(..O(YL#,_=S2O]K%]_(8XTZ3BX;B52@XT4
MO6*;UC!)P1]RH<!ZCXS8O_,V<>O6!@`'E%H/ZD2MC4[O\D;BE+>/O.,CC^Z6
M%>0='SF.`9E=C.AD;0:]BCD*T+.T2?@LK-@XCE"7(*(AP`6UH..ND.4H4_"T
M1SBS%UH<O*:#<5KF01)RF^:1O;#D@3V7V7#,S>I>68S3+/H?+H/7="J^_/T_
M0*.5L]A9J,DKA3B3G5/ID[WL/R[+8B[+I[3,"L:2;"G+P!2"1E,!(V3*T*5R
MED*P#J\47`Q+$+072OF6!$]/41P%U4.W\.!MFNGO[12C@#PRH12I],3`TK/5
MF<N6>HTV6R_%<KL%V0QOB#MNRMFBT-["8M+[\2?_@8S-6]/[LL@+?@1$R:C.
M;?7:<.".6OJ*4/Y:%U/'(C5'H#$H_<<X-D5^]<8WG"AG_2P:LN4_YO-_K97Y
MJID2I$#2;=W6DR%X<6Q3<RL:`]IJ"1I(#"YV%&;$VE?\YS^3]$JW!20VWG8Y
MH6;P-P7'9X^Y#HOUQ^VCV0+$'[^JH<`523=T6^[RW0O!WK[9@I]]OE4)Q*PB
M3OTL'67!9!%X8B'RU6C,),`I25=V6Q>J:U<#1BGT,[,*4Y]/PF4LR,ML6A%5
M96ODO>'/,LI6[59DKQO(1P)/Y!V5S^IWV[3<4>A)9A6%'GV4#6G_$<0E6PC[
M(LV+KXQO`T9PE$P!7)+W03XK?1`#-BET*;,*4(\Y4QMB7TB\]\*R8,1`\'V6
M59N$"4@5TW!N#\B[.)^5B52&K(I:A749K`<^\[V%QM0#`XUS8W]E5:U=B-:W
M1A'S@CS(>T\'ZO3MAKS/\7VV-_CVZ%IM7GS,C+.;/"^U)JM\('!$WH4Z4+I0
M6N860?5/>X-!CW[3UGX07I;PCA@_U*(TG,G>;#,53``<DO>B#I1>%)K)!3;W
MYL;GP*,WI9)ZY3(T@&8U'O@C[T<=*/TH+(\+8.[-S<V!1R]*=$3AX_.:T9RW
M0_(^TX'29\)QN(#DWMP7'7KTE39%7JW\NHC<'@R<D?=Z#I5>#XK!!1[WYMKH
MT,T+.-?!D,U$^+1V\&R*6'$#;CH5,$+>I3E$O79CP.X"C'MS.73HT<G9E'`_
MR.ZSJKIH9B$A8YZX28!3\L[.H=+9,6)T@=.]N3XZ)%-9=1O]+*.PRJN?_0-+
MAF8@%<X`/))W>@X-2J]47"[@N3>71X=>G[#Y4=PD>9&54)9YDQ1<U'GQP+<&
M2`+3/]*C'`TEFN3=GD/-<S,8#A>0W)LKHB-[!5IW?`G/^FO</UU&+U'(DC"_
M3]"V)6H\D$S>GSF25F.9\+C`VMY<UQS9<VGN2M`.R#!C0R@\4N%J^UL@A;Q3
M<B1U2F3\+-*[-ZY6W+]T=5[FG.P\OV0O+$Z?JYX[57IG_A?\_S=^GF<%ET81
ML;R7YZSZU]LH^!'%$?S=OU@<7J?98Q!;>12K/M2AL\]M],+"&95K=&&!CYB!
MZ\IG^?_C<,S",N8^K)Q653&=\3S`KUN#5?O`!EXKBDB](;\^WM_H,$(\VL5R
MZLZGU5\A>RVBY_E^]L5Q/P-T)6==7<G7B:D4*-38>4&`Q]L&.9WHKH>8*8!+
M2ITR3=53!^0[W+]7?/O,BFD/WZXS8\QZ;IGJIS'`#X@42;>XH=GS8&<M,V;>
M4G$=1%D5H$>\?RH?!@22\6L-)"IV<Q&<OC/P^6PJ$>1C[K;#_UW]+*,73ION
MR0K,4."*S(6;@1KD6R>"6PIE^"VBUMZ3*=?!$&)&4^TFN?DA$$'FSLQ`:N)M
M4<@;A>+]%B'E,5QP7XQ9=E%F&;01KZA$;8*R89P;.FTD#,0OWP`UG%*H[F\/
MJ3Z;4,`1A#Z@5SHB<[EF(&+U<;S!&X6R_1;QY[%`ZC8-DOR!#1DW@G[$:L]&
M.0;XZ)I;HVXTH6*30D5_BP#UZ-.LGU1K]Y'&Y_G.6."K:UZ-NA$%AET*E?XM
M`M?C)>Y=6K"\'TQA[Z@T,_\S#KJ:T<!;U[PE=;<*',,4:O];A*_7&U=^^LUU
M@+<*-@9`\+EK;I.Z4X641PHU^RUEQGSQV:^BVAEVJ)N?>1AK0#86^.J`4[6M
M!XTQH.&6=F3>,FI].EDK8^S^:8=*'7O*P<!9!]RN;4THME@,NZ+@O""'\I]_
MAY_Y$>2,_\?_`U!+`P04````"`#BA&)&T!MI+O0>`@"=X!\`%``<`&UB:2TR
M,#$T,3(S,5]L86(N>&UL550)``-XV/14>-CT5'5X"P`!!"4.```$.0$``.S]
M;7/C.);OB[Z_$?<[X,[I<Z8JKMV=>I9J]CXG9#NSVGL[TQ[;U;TG,FY,T!)D
MLTLB723E3,^-\]T/`#[*:Y$BM00"=/:./5U."8"$M7X"@?\"%O[;__5]LV8O
M/`A=W_OO_]+[\X=_8=Q;^$O7>_SO__+;_:?3Z;_\7__G__O_]=_^/Z>G[";@
MST[`E^SAE5V>?6;G_J/GA^S"#1=K/]P&G'UV/.>1;[@7L?]U=GO%_A8W_`OK
M??AS_\]]]ELHVF6?MO]PHW#+3D_3EO_FK-VE$XFB+(R<:!O^PFZ<,!0?%9=9
MN][O#T[(F?BV7OC+]]#][__R%$7/O_SE+]^^??OSM\&?_>#Q+_T/'WI_^5^?
MK^X63WSCG+J>:,M;\']AHOPOH7KQRE^HC]FI_OTA6*<-#/Z25F.E)>2_LM9/
MY4NGO?[IH/?G[^'R7^*O6-%^VI=_23LCWG5K?)^LO&P`ZWYO-IO]1;W[+\)F
M3/R__Q;X:W[+5TS^][?;R])/F?U%EOB+QQ^=B"^OG`>^%A\GF_HE>GWF__U?
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M_K+PQ=CQ')VNB]2M`G]3-%GR*7YNAK^8\N\W)UC>BT^9?W=#W,5]DHO[FEQ<
M_-Z9E^6+3+[*OLK737NZ#SP-;-FBIU\<5WR'-5_Y0>BL^1U?;`,W<GEXZ?WF
M!5Q,"?Y+/"G\,+SQ0U<^M,-_WXH7Q?S`?>'YI./+5OZ(KE=9J1Z.S8"$S4`3
M-MJ,D#&8?L(G/[@[ZB<8AGD`8`8>?K\P#TDP#YO`'!7G+!C1JD"+1,?O,'_%
MG/2S3L6'G<I/8V'V<<SUV#;[0"9:#=ESTIAA=(<`7>!/&]"MFF>-2`".VAY-
MW\R^/MVQ2^^%AY'L2FC+1&P$L`!6;A&+Q<+?>I%8K]_X:W<A;#A_"*/`640X
M$&,2$&--0)1V(D,A*\'2(F*NEA0R#<08``&LW#H0X1<_XN&5[WCAW%M^<CW'
M6PCKW?(%=U_D;^_L-?^[>B(_(2$ST8K,0=U\`U7(5"-,M<)$,RQKA^65V=EK
M\5_VK!8F@#[@L"[3-R71-]4YA3H"@E82-05$`2<8(DH86!DZ-]N5Z_'+B&]*
MZ)F1Z)FU,'95=*EDG)(C5#Q6%>CY*FLQ5<TT/C.`#_!"5_#I?:#IE!_:&GX:
M4'028W22,.24/>\L(BJW8ZY]`L^TRE2PY<M\:7+I+?P-SVU7`A-1]-:E>N_K
M30$@6;"P)&-QT0(UID%!1'*3*OF!H-"D\UXC[;SYJ-.,%C>GQ55%32,"U75H
M[U81V6ZV:QD.O.#/`5^X*O`M_EYS^8<8V.<;/XC<_U*OWP3^,P^BUQOAIDB\
M]_&/K?LLNU5"$DU-[^F2TX_4Z0)K:7NLV"#+6E23IF*;+&V4J5;5^UF[IA&%
MFCETY+M!E*:1][2*Y$?F-&-.3KIX^NX)<PK\+@L?9)I#*(!#;QGA\`N/\B!%
M_BSZU7$]&;*HW'E`D\1[NC3QAIU+D<I+LD=1(&0_R0@*#W]F<M#[='?"/![9
MHISWH'0.W6$$J.OHB0?G_D;\]IZX%[HO/)[72(,+?URO[IWO)3S1%/6>/DF]
M2=^P)ZFJQW8JIA-^696)NNQZQ41MTUA!`1YZI6M8T53W7B/9_?#'XJ%L^8JM
MQ0Y;\?(@'L!^CL<M?\4BY[O\SY\FZJ'YI]'0-&Q0;X>^ZAIL-)&]UTAE%S,@
MUU_>14X052%7*$8%[XP_NIXGY:T'9RWWZ)I&"`KLT`-=0XBFM/<:2>TQ&Q^]
MY7Z`1"$J/J()B]B!ZCHT?<?8Z=-4]GXCE?V%!P]^]=,N*6+V>3>.GW?]L>G-
MJ%![A_ZR"KBJU5^?IL'W]6GP]7K5<)YNR;JO#V5YZ(CN,$3<V:Y9GM<"TD]R
M@/O9&IZ0'?)V:/AUG@_5&_3Z-,F^KU^R;])'FJY@SQ:_/I3DH:.,$'<?.%ZX
M5G+Q?/F/;:P55@Y?-,&]WTAP/PBPBBZE/'WR`^X^>FRQ#0+N+5Y9E->Q2O+L
M0PT=.J!%<)9+M;/>6=\X[O+2.W>>W<A9EY!"D\K[NJ1RO`_94).]S>3[8FAA
M20G3*$#U&UK85A1H*G>_D<K==,Y3FX=G\?ZI*T8-.WB`LC4TLW$>*A\E-)&Z
MKVMO>%5/]@\3UCPZH-(,#6XW'S1=N:]U]_8!D)Q:"`G4DJ'5VX0DG:^%]_XM
ME]_?77,QH\^7"/?^N1,^W03^B[ODR[/7WT(9Y;Y^YH$CS_?,%Y'[H@Z#E3!%
M$YK[NO9T'['C.7U9F^S>9UFK:H547#&)-V73+&U;GE61K<M!+6N?Y1]@FEFH
M84.OOB=F!S2!>Z!U&[D&<%4J%N84\(U\M2C;D;Q-'TR'PC;TT[NBD*9]#QII
MWU$QZ0]*H2SP3PH'4!J'?NHFA=4ZYX"FH@]T)8C18`#MSW-[=-(!5.:AH]\E
MSL2\-8UD>X./^"JFQ?`:9$R#@38=?1>2[.>4[)^VXI-^EJD*_0QL)_NT7RPB
M&TED8S("4/1IR5KVWOG^<;7BB^B3Z,C=DQ/P,T=86T9>N!<JK;P$9EJ(8*`K
M1'"</I<,QQ6"D`Q%Q:TRV2Q3[3+5,"NV;!I1&&N`GGPOB-)B$X-&L0G*>$OG
M5+U[^J!H6Q3>AUMD_XW]:9AL&S*-(HQU0(^UB.):-<Z7N*4_?I=_EIS&'-!"
M'P-=&_QK=6D?0XS'Y=A/#]SC*S<ROAZ"01'H@!;!\2)WZ:ZW,NE9GJ;JX_?%
M>BMF+_*W*XV^C90QKU<?G4#N,PYO>*`L/M_((_<E7-&")P-=P9-C]#A[Q!8:
M8WEK+&TN?IP6&I0;/](FF6@S>=3&K9I&$\9CH`_?!YJTN,U`:]Q&&Y]AY"]^
M%\L0E<;P1"QEQ,+#7<@=2_$[\L'ZS0D"1TX8_6TD\WW+G>&FL801(.B_-C,_
MASPZ<Q:_BR=3K12%`UI`9Z`KH%/>CSP[M"@B'JJRC"WQP`&,K4`#MTQ#^%>^
M7B9Y;:M(&-+"),-&89*&),`^[%`0,OD^$P68+&$+#4,8XX!&MI4&6KABV"Q<
MT?`A5(W$)V?AKA-EUA(08)@!VK=M$$K\3@L,#'4%!M17WOW1FW8J%-NA\2QQ
M*DT>'S:3QQO&'G<\FT0-K?`OE)RA'2WQ+S'3N=8L+CO^/1<S^%<59=C$215E
M@G(KO(VD&S>IWE9YFR:^#AN)KX<<V-SQ^.52?&5WY:JLAG:X&JJCT*1MN[HZ
MOCFDJ:!#72KHSE=_,R6W)G8XA*(FM*=E_J:IDT.M^4<JG&[:TU`CA)9LV].?
M'#?XF[/>%J[MN)621B`>@R7>IPF`PT8"8--?>U5WLC&_<&V$+,]4A<(=B*8Y
M@:(=M'D'.*%I=\-&VMU!HT0=6!0@+PJ059P).5L!L`UW9)VE3*<6I!79@Q.Z
MQH<:J/1!=UB`T!??"ZHI&M%TOY%6W6]/CW:?/GL*F[ZX!JJ!T/3=((:F#8[T
M:X,UL;%(;1A!B1":N1MTT!3$4;,$'8>(31VD`VJ-T,RMTK'=\.5-P#?N=A/*
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MCW3M@CU:M_=?\-VT1=.`0HD;.O$=`4J3PD=:]\(>G=*++6?.*I+W=GN<O8H*
M8J14Q=E*[I&5KQB?BT+M'#K)!@#GWE)N$;OW$T^\%MZJ#+Z-:++Z2->66$I/
MP3AX*EHY?3NOE-<PR99.[_W3M*WB^]:$=$=0?8=>LP'"W9'@"_\>):-!@\GB
MF";0CW4)]$?J=--']+[V3%]'#F5^Z,!W@R8M$C#6&@DX,I_RX>QZ^9-9K,O7
M8BUC&C<8-X!.L0^WPISHSOV>S(GNN;>/-UIL8:QK=_*Q>DU8KN`-FJ83QBV@
M"]\/G;18QUAK%I)C(YJO5?*E2;9:B;AGQ6)E#&,HT$E6\[>[8DSNNY2'S</H
M3&Z#*2&1%H`9ZPK`'+__1Q-X8-.FV85!'^C6]\@N+>`SUII;1!_`7=!^QC!D
M`[UE`Y)W3\+,]SS8%':B[IB^!#U:6&:L:YO]X?VL%T]4S3#9#BMNW<U:8K(I
MT^S!R`QT5Y?9HX5BQEJW_-,!5`5/(XF86T#L29[;=D+F9+KDR@].0_$9)_*(
M6(+?P@+\8-P%>LP&_/8%:8L:QW5PY7N//-BWKJ$%8<:ZSB/HL<'QMF#L;KRX
M#EC\2?9LP1C#6`[T]7N%FA;E&6L]/*&7[&SCA=(P51F+MF",86P'^LH&*'&N
M)K1HS:3U:$VM\<XP$Q,85(%VMI@)6IAD8B9,DH)Q?77!/KG?^?)TD\:$P_Q!
M6#F#BPK#"OMI=T+'_C0XF<UF<<;,X<E@./E9SZ?T>_%GC`<3T_D5)S!:`]FP
MF&-:^&6B]6C'7HZ3\QP(0=8\^R8P7@)M;@,?-VN^?.3+N9B0K.6MD4'9U743
M6DQDHNO\1Y.>U5L1)!797"X.TJJF>8+Q#^B0;O%$BVQ,M*:Z.02JHN#VG"`D
M'G2+K.#>!]QPF#S@AM.!\0<<#%I`CW4+.%HX8J(]VXXIZ$8)=&/ST,&P!/2:
M#=#)(-'>.18M!C%I/0:QVZEZ\5A[%I8PJ@`=T!ET:"&$2;,0PK&FYS@_\60=
M;E>V:;(.0P+0`[:PD\>F:\2B)C3!?]*ZX%_1PZ8;1'8JFR8,ZO/0-=TDC*:^
M3YJI[\<<JO9@5CYN617.G$"1';K$!K+V!3SV1'FF-#5^VKH:7[N_QPM36A..
MG$*5'_KO/4!)"P=,&X4#GM5W>JE<4Z9E=/!9/B#:PQU4Y:&+W@-W-/E^VDR^
M;ROD#8C[9,L"80K5?.B"]\`53>.?:DTO?^R1S.KXT13J_=`Y[X$X6A1@VB@*
M<%11]D#J['E60H$?.L,&PM`-^7.YP5[MRN=>W?,(4UH`8-IZ`JH#>G[@*9KJ
M1DV3"J,"T)7OBU1:Z&!J)JL4`=?\S(PM!PZG,)X`O6(#=.?;(.!E-U!.:8&$
M:>MIH9+>U-1$XL*F28'1`VAV^TFA10JF9O(SO<'ED+,IU='QWLF'<;*SL7?2
M_V`\0CZ%@03H.?MAHP4-IHV"!L>=]>L&;M"?)+A->L9A@[$%Z#D;8-N=>?S=
MC9[\;70G9A]KGF:_NG"B?2GJ9K00P\QP>J;]W6ZZ.-C?HF%`9S#.`)WXC@"E
MA1MF-B1IJD_I9S$P/CJ/_#2^/5J-BO%5T?$+IMF#L0;H'_O80Y9E^ZBC!1MF
M=J1J0CM\!+7$FJ$0ABB@X]X%CK08Q<RBW$R53-HGB<Q@3`(ZPS[$2M("UM7B
M9K0(Q<QP!J;:O3]2]D[KU.,9C'-`E[X_:FFQCID-N9<:HVMG8L\9#%]`[]@`
M8(W=GC-:8&+6^ID&=&OG@:>3;=KV.8/A">B;KD!%"U+,S"1,PO>F6\4(#$Q`
M4W>%$5IX8M8H/'%4Q1CE1&9BZ'HBK1D,14`O=04O6D!B9N840\-S"U9E`9S!
MV`)T@@WTU)0O:T#6^T`+,*CZ5D882.>TZK5J&->"[3->$7^^-V!I`0=5W_@R
MLAFUED<="B8M<&AEW*'Z;J;>!UI80=5O>2U9=@43NCG)FBN6"I8J(-.=V`"X
MP:"N!M;[0`L5J/H6A*YJ&.!8UXU8I]X6?%"`MP-1!SJ\M+B#JF_\V=N<X$[<
M1E(P;H%**Z,*OP9^&-XFYU-^=5Q/GE'9]VBF!0]4_7;'S<I>UGM>I[69K!X?
MK+;H$0YC"(B7K.0ME*;DH2QU$_@+SI>E(QXMN*#J&\8.Z6P]^E1+NPR&+&XL
M+ILV9YQ$&'A`'-=U$FD1"57?P+.W"8[IOYET+Y/RLGFT8+P"\81U:,4V+B.)
M%K=0]0V.:7'?#AK"XJK&F8)!"L0G'6.*%JQ0]6LP-8N9\OBC$XEO5('6E[@(
M#:X8GRRSS=H.?&"4`C&_=?BHL;^$GAXQ"-%K/0@!NW;XG,HT4#TDC``]TBV@
MB$&"GID@03E5;T:B1RNX061_:'@;N/DB.E-U]J_7(PK_O=:%_[Q+]08>4=Z2
ML\D%8Q6XL5+[W\\-4<WOF=GY#^'1<CG*Z.3#8!R?'!5_CH<_[UP`26CX0W(<
M=3`V?1RUX,$"S%;&`O;#3%3W>^82'[4$]'B27(8P,7_JOF#N`GD&]?XS1SAP
MP>^>.(^NY,>XOC?_7AI+ZA$%_9XF0;^L&RE8R?M,%6!I"?95EC&NR?<031X:
MVBP3%_Y&S%[+J"#J[3U->GMY1_9Q$9<R3P:BD4-CVTP&4?_NZ=2_NX\'HG-#
MB[>)1^B&UZOY8N%O94[#QQM_[2Y>X_^]Y]^C,_'AOY>A0A2X>YH$[GJ=RHD1
MI9F_8C?BRXIN*6",<X)HU]#<+7+"/;YRHR2H-/>6'[\_<Z]<I^X1=>I>HUWU
M#=`HZT=&0U(@#<"*(BPM8QP*1)&&AK87BCY1?NXWDI^;/EKVD1$?KN"6L-!'
MQ&1H7XM9("K'_6;*<;-C-UUC`1&(H7U;9,$/`O^;>.Z&OWE+'ORZ=0+'BSA?
MYK+4_#'@ZLN7\D%4BON:E.)&?<L>*EDEIFJQO%I!JF-Y1>-$(=(Q]$C'B")J
MR'V=&O)!6!70<>Q!!Q%JH>D[A@Y1L>WK5FP/PD<]Q(SC@JBKT-PMXK)UUTN9
MG\E;IG]>;IX#_R6VW6>^>>!!&29$J;6O2VJMTZ?L69644"N?.S?BK%B6?8U+
M&Q=2^H@""^W?)C>AZ_$PG"_^V+KQ+1!7XH7+B&]*1Q6B!MO7I<%6="6G)"[#
M"H785UF,J7+F^4!T6&APN_D@*K%]K4KLNX`$46.AU=N#Y%SJE3QX=H+H]8NS
MX15AO3Y1>^UKTEZQ+J0\%-]C\DU+HGE]1&R%]FT1`^?9C>0.-"5%7Z\N^(H'
M`5_&`G;AQR1/T(7QJV68$'78OB8=]I`N9A@=4-<X8HAT"WW32<0&1%5WH%/5
MI7"6EF7QRSM/,57<-%0#1`.&WF@3JB!X%4N'6_[L!Q%?SC=RP,^RVUZXX6+M
MA]N`5ZZB!D1E>-!(&6XR9#7J73Y:Q=586H_%%0NWP;&\KC7KJP&B*4//=(XM
MHJH\T'E[*A6PF"5K`$(D9&C^-@$*GRZ]Q7HKQ0UIR_@.1[Z\?N:!>CJ43;4'
M1.%XH"F52(T>Y8SL+6J<%T0WAI;O!"]$M7A03RT^_(Q>`W!N^6+MA*&[<I.-
M5)'/')D2*]G?N_(#=8#8.#V(C`S]T"X]97@05>*!)I58?N7B>&'<I8C""VUG
MATN)2NY`YZ6=UOD546:A`=OUZ]Q;RO]\%`N\%S&:>6(IR`/77XI1,N!.R"]X
M_-\R_Q.5VH&FNS:;=*V(B(K]J#\*U5A<CZ4565K3.%"(B@L]TBV@B.KNH-F5
MG,UV1QU"U1<>,3<%YZ=E\N[/\LJ&A>1,GO91?_"\1>-<(;(P=$RWN"+*P8-F
MR:Z;/ZA^"*X0+1@ZIEVN*E63(5'A'6I*&Y%_\9V'ERT*R!"19Z$IV_7SA?OB
M+KFW#&\<=WGOWSCR+.>YOWEVO->SUW.Q\O/7[E*N%N^V#Z&[=)W`+=W#.R0J
MM4-M2NVA'<VD_[1VDB*K4,0X58@P"QUA^JDTCU)9LN(ZO]Z0*,<.-6WRK=6G
M_1/F><1VQ5GC["":+/1!1]@AJK+#1JKLLYJ%?/0J=;:L$`$D;,+"3ID8B^01
M-9D`USA$B%`+G=$1B(A2[;#1QMZ8C[O(":+]&*EBQP?I@3^ZGB=')%MP0I1;
MZ):.X$24=H<ZKUX\#D+&<4%486AVT[C4.S\]),K&0TT;@&OUJ4C*"9S[2';.
M_?5:S+`#\Z<,AHCF#*UOFIKJ13A18QZVJC$CRW)TBFS-6AW1D*'%[0:$J!D/
MFVG&QWCX()0X5E."*,+0["U2PI=\>1[PI1O=NN'O%=O%AT3A=ZAK'S#L08:#
M?(O%[S'YIB6[Q8>(?`O-VS($-P'?N-M-^/?`C2)>EMMG1!1R1[J$7*0+NQA$
M/KN.GKCYVU]&B*@+S6IL"+CEKB>W"`:5.9Y&1.%VI$NXK>Q,Z<!PPK*2UB1Z
M&B$R+32[H5'BHQ-X?%D&!U&4'>D296$/=HE(WV/QF\8)0,16:%LK"2!*JR.=
MF1+V8O"<8L#MP`"12Z&!K<2`*(Z.M.]C[1H*B-0)C=PB"G)K[_7J[TX@LT5<
M![?NXU-TO8W"2*S"7.^QC`NBRCG2M8%U3W=2-I("(?/S]XRC@<B:T,ZMHW$7
M^8O?K_:<4Q\19<R1+AD3ZT,V0,@W90Q$O6W5J?01(E9"&QL>)BJTAA%1J1SI
M4BK+^K'+Q/6*)478=<!4(4N4AQ$B4D)C&P:C>N%)U"A'NK(6E/>D!ARV+#D1
M=1(:W#`>'[_S8.&&_"9P%SQ[,TS>+1U2B/+E2)=\>4`7]P.5-L!4"X4B85;&
MO`Z&J*#02YV$;4Q42<=:$QH0B$M!XRE?S[*\:9+&B*(*76!FZEOY,!L35=2Q
M+A45=*!LTFO)@VN,:*70N"T3D!UYO5[]S0E<>8'-I<Q>Q,/HHQ>YT6LU&T01
M=:Q+1&W0M1UJ\A/`XG&4UF)I-1;7LX<H1'N%+ND64411=JQ5E#T`JS*(3M@;
MX*R!"E%RH5?:S!:7;J^*;]1UO.N'M?L8'^"OW"HR)BJ[XT;;7AN,3OM[E.>2
M2XLR68X5"EJS762,Z+W0]*:`N>`/46U@B)+O6)?DN[]'$!AUT9PL:R<TB!(,
MS=\):(BZ\%AK5H1W2`ZB&T,?M$G.9B,7FL[ZLQ]$C\XC/W,6O_-E?IUD-3Y$
M&7FL2T:NV:T<G[0\2RNPN$;QWF!K($(T9NB)[D!$%)S'6C?%TDDZ34BR!A]$
M@X8^:!<?-[X(66X_5HFN'KFW$+;-\^G-'\(H<!9E]_6.B>+S6)?XW*1O18:2
M2LD9C4(U]C4M;AXD1%^&CK`"I!)L)D09>:)KLVUY3S!(YF\A,4W&!-&+H:VM
M)H,H'$^:W7W6_*'4``]U1G!G#/GICG/VQ8\XZ_>,7]X]0:1E:'XK8,G'['WG
M!B=$<7FB2UQNU+E:@\U.:F19E:FZQA]/$T1@AF[I&E=$B7FB56(FPP6F.\8A
M0@1EZ(-V(?*7;O1ZZ2WY]RO1/%_*@;QZB34ABLD3;6)R96\R0N)S)/'[ZKEE
MSV)\@@C(T-PM`^*IX/&-$UP'=Y'<CZT2!]SPX.[)"<HR(TR(`O)$FX"\MT?%
MH<3WDM"Y*"SWXL3%D\SKH@)3-8QC@TC(T`&=P(8H(4_T2LA-V0EEV1/V+.!Y
ML2$?U`11C*')C8!2_<@A2L,3C=+PSO='QPYKGBZ(U`LM:Z'WB9KN1+>FVR$$
M$+D6FM<(`E5YEB9$17:B49$M?GW4]U9D`IP@\BJTJG6.GQ(UU:G6K;G5WG_[
M\&=_ZK%G,64,Y43AWYBSC9[\0$68U2OAZ>GPPX>3#_'__1MSPW!;>*\_[9T,
M1OV3R;2O%K;]R>1DVNN?#`<?3+,U101:Z#@C;*E)67BI3%F&&%&<G>K:U8OW
M`AUBX@(L+F$<!T2"A4:V%@>BUCK5>F-8+2:2@6=G`#$.!:*?0E-;"P51*)VV
MDGNV&HXS1[2QX.PGF2J_`$H"R,_,D2<%C'."2*30^M9R0I1&IZVEEWT7K"!J
M*?2`05;FV12OC!>B2CK5KY*^[4G5_",O91P-1!&%QK8:#:(2.FU)"=W#1S(7
M`8L=XX`@2B@TN1%`DBNL8\/>\I`'+WSYR0\^;:-MP.5`+<?F,FR(2NE4OU):
MKW\I1ZK8D[]>BI6S\_P<^*)P?@/0V^=3D#2GELC.B^.NU8DC>6NEFS1LG#Q$
MA85>:Y6\9]^3`?/\MO1[Y_M<7?HY%Y-0UWEPUVIWZIY]DU.B3CO5E>RA>0\+
MHUA259ZB7:87Q$?.]_165`G:.F_`HAV54T3KA2YJ%S3Q4^9>Z+[P2T_\;OD7
M'EVOI"OV@$64?Z?ZY-]]/4I!4LE,Y5B55Y"CF*C!?EK[8?CS+S:1@XC%T`=6
MD%-"S(RH&\_T[<4MZTEQR,D9B<LP>>W=]8J)8J;9F"%B+[2VU6P0!=]9L]VX
M#>_:;`K(SB!B'`Y$^H7FMAH.HOP[TRS_=AD.1`*&YC8+AQ_MW30[(VK!LT9:
M,.W14NQ.2LA\L=ANMFNUCRV>E:!/')LV7\\041BZH5URMN*G*:^L>);?L'+[
MRHPH"L_T[9?%>I%RDKVL-NG?^:OHFR,WY5NRDV6&B+_0TFTRX2W%+X@O$^W\
M[HGS2.T05)O1SYUG=7C\:D]NU1E1$9YI4X2;=2]_'B7U6!I34#597E7>)?6<
M'*R_LB<IZPQ1D*%S#/`5C\^9_>ZEP%4&$U%#GNE*U%O5%TA.\D3*BHEGDRQH
M'A%$0X8F-X"(O$_IT]K_5@\2HF(\TZ885_8&8J)ND9(%+20%T7RAW6T@I?Z#
MBBCVSK2)O?6[5HLA:Q]0B+P+G6*`J4^N)Q[TKK.^]%9^L$DRQ.U<R'[MK5_K
M'U.<$>7?F3;YE]QC2&#6%BLT)H,/<7,L:8_)!FT]+#M#]&/HQ'>`IC`,"4U5
M7Z-<9`^?AI$L&#I#$G&>^>E\W>>O:)9(GK9MRW4[MG^B;^FCMV"[`DQ&9>Y#
M?^C5@=?^!YH:KNK;]>2%`7[R@]>6L&W!V@4LC0KL59I1Q9JT_X&FL:OZ[:M@
M)>O2$N'+DK5IP58%:HR*ZU[HK]VE#%!\5`FB/WY?K+?RTBXTR[3+P[]=?JQ2
MX/L?:`J\JJ\)IX.[6N`L:R/-RIZU4I:X76Y4$BW9(N87#%Q@T*R8?W0&:<*^
MJJ]SI4`&\8MX6I;?$V`+:%#51SQC`C0QV5"3VZH[`?H?:(*^JJ]W(-OM!ARD
MY)Q*%;`ERW_!)@4DS*KXN:UNQ%^+U[TJ!$W"5_6U8_&F*R@:QEF`.CUB7)/#
M0_DUC/T/-$5>U6]G<-BY@Q$;&FRX?;%@CP(,1@7VX-D/Q"-:)J2OEPZ[_X$F
MG:OZ>IBHZ$N.1E+(QNS[!=,4\#`J<H?J-,/'[\]RW5DV2O2(BG5/V\[HW:^?
M0Q`F>4+3=TP[OH=(R="J]CF>*!CW]&Y[QKU_+TLQ;HOG$=T7FK5%SZM4EA=\
MY6S7T=TWY[GR6=`CBKD]76(NWHLW^3J3]YDL8,TSH(<HKM#,U@)!5%E[6M/_
M5E-QZ4GQ?<D0.NR9(O00:14:O6T\/CD+>5CQM6(IT2,*ICU=@BGHP)M1(GW+
MDB5$#]$UH6W;'Q\"]T7,IE]X*--CR]C5O?CD2N6I1Y0O>[KV)>_O$7B09&59
M6IC)TM8H4CU$I(3V[P0U1+VRIS6)Q7M$!Q$SH1,,HG/V6K1RU2.(J&GV=&F:
M^WM40<W9ZUMP['A.(;HG=$`GL"&*H#VMN8))[%@)#J*10A>T#<ZM(^_\N(L<
M;^D$RQO?#ZIT\QY1(^WITDBK^O*&D[C4"4O+L?_#V3S_&Y/%_]46/;V'"*;0
M]J960Y7SF#Y1-.WK$DV1+I2NB"R9HO01^13:M_4APPU_SP?;8D8@85XWJ,A1
MW>\3A=6^KIVXM3OV=C`150I/'E:HQ.:2*#>P(JEYP7(%E(SKL124B!)MOYY$
M.XM1\OBCW/!3-7_Y$A<A,!4K^"O)3)P%W5^Q1<S9,I_<&"<)$7*A,\S,8S[[
M_O*U:@+3)^JX?5V[9=%.H#,7%K]OR4REC^BVT,@MTK`-`NXM7O<J^GVB;MO7
MI=N"#F04)._8%=?I([HMM*V-`!!EVK[67:9=HP#18:&!VZ8@/F\@TU:*3UK?
M.]^3F/D9]_C*+3O)TR<JL7U=.T?K]"G+!2M+&:<"D5BA=5NG(CX[!TP7WW^Z
M%8_8ZV<>Q%NH]ASZZA.5U[XNY?7@CNX.,U&:%DUF<4VVEK"?'N)F?CY);K>6
M+3$_:\JB8UY]1*R%/NLR@$0-MZ]5PST:A0(_'OYBG"9$P84.:)VF3W[`W4>O
M]N.-J.'V=6FXU;U)D4C>-\X"HM!"R[;/`E^*WU+MJ<Z`*-8.=(FUU;W)6(C?
M-\W"`)%IH67;8^&"A^(7(L6H>?A7OGP40^RE)P;6[;[\B_T!49\=:-)G:_0H
M92(ORN8A2PJSO+0U2Z8!HLA"^[=)S4.4F^G<6:\OA!6OQ/^%I<,'48,=:-HF
M6]65E)/X7TRLH=;J&*8\T,D>^$H\7MC&B>0IBU?CB"!2*[2Y*43$+VT1N,]Q
M'HGT..NM,..9$Y8*L`.B`#O0),`VZ5H^U#S(!5):Z80]R'M6`GGS!9=9#`(+
MEN`#1)^%/C"%T"U_%IY^$F:;;_RM5SK.$+7:@2:MMKHS14S*2QD'!-%OH;UM
M!X2HY0YT:KGU*,E?EV&_D'NN'S#/C\P'_`:(M@L-;HJ0JSW)OP9$-7>@2<TM
MZ<7.LZ4X:[VR)Z?7`)%UH9E-`5&5+&E`U&L'FO1:I`>9D+]XXLOM6HT*5[[W
M>"H&EPU[@T=H2X:D`2*X0J.;0F/?GI(!44T=:$H+4-*+LK'"GEU'`T0QA4:V
M%@>B4CIHI)229A6`B2R]D)NF%^)Q>B$UI3AAJRR%GUL8119.$+CR2LBHL`W)
M.$2(U`I=8RM$0Z+$.FPDL;[PX,&OQB@I4A<D>9V:/2P,$:D56M@4"TH=N'L.
MN+.\]HJR0:\,#J+>.M2FM];K5I42XH8L5'68[PEXDN'(!DUDB"BOT!/M0E0I
MRP^).NM0H\[Z5GU_L$=A'R+R*31ENWZNG4]X2!1*AQJ%TO(<P<K_5F;\'2)"
M*+2QK3`0!=!A(P'T@)EH.1'Y70LVP8"(GM#&YD7/Y2=G4:U\#HG*YU!3LH$:
M/2I;OA8*RR-9G-DAE`\1&11:OQ/,$"71H<Y4`PW`N7'2@S(!7W+1MZ5Q1A!E
M%%K;=$S_HQ.LW?*H_I`HD@Y;$4G?=B;/=N1&4M8X+P;VC7.!R*+0S.URD:22
MK,IM-"3JH4.->FCQZ^\\2=(W+#D@-40D4&A7<T-"$+RZWF/U\X*H@PXU[1BM
MZDJVS2<+F2Q%Z1/V&/BA\8CJ$%$TH9&M9F)$E#5'S6[S:I8BLPX8>;K,A=PK
M^!RXWL)]%B\].Z]*##<-R0B1.J'5[8:$*&^.FN51I4PTZXP>QHE`=$MH8F-$
M^-X+#R)7S+GB/T/7]^219;],_1X19<U1.]M'R_N%[_"JJ&"<($01A5[H$$%$
MD72D,RWK01@5A9!"%9;746D`?.,D(7(J](8I.77?+2`CHIXZTKBAM.)J4:"N
MVW.1;<$D!2`,2ZH-@"#*J"/=&TCW4&'<^X@X"FUJZL%2(7&,B%KHJ)7MH4#D
M*.X,M4+F&"'*)[1MNP#\G;N/3_+,F'AR.H_9M6QRYT(9#43I<Z11^JSH38I&
M6H0Y<9E\\Y<-VRY&B`@*#6YJC/CB;*H3-(^(8NBHE<VA>3?*Q@M9PIH,AR-$
M'86&-L7$;YZS\<4$_+_X4CY_JY0.HD0Z:D4B1?J3*1T\#-DV?Y\MDP+&"4&T
M4FCM=@FI=]7@F"B1CC4=KD=Z8--4<HSHGM"4IH:$XF-7Y5A:WG#A0"\2C]LR
M#H@JZ+B539Y5'2M[E&17U\I*\77=2Y97,TX2HI="9W2))*)@.FXDF)+DKCHX
M?3Z[G"MAG8DGS;/O63%+'2,2*;1[EZ`A:J3C1AHI^0!"'7#>!G6M6N:,$644
M^L`&@.Z%!<MTD3%1(1VW<N0>]"9[4KDO[I)[2T6$/(#PK-(RR&O0PDCN15UR
MR8_K\:4=T"#J*72!]=`05=1Q>\?P2\FY+(XE3$)B?"?`&!%7H:E-P?$Y299S
M42ZKC8DBZ[@5D;78D;(G39H9R(I=A6-$<X6FMF'0>/L@EZ_="M_PS\YW=[/=
ME'%#E&/'K>Q$;=+1E*NYYVW5V=O"8!-*O%0IXV`A2BWTA=U@N5X56$0M=]R*
MEMNDH_O`BDL9!PN1>Z$OV@0KGA2>^QN97U(EH9T'@;2K_+Y_=Z.G2V\IYY+"
MJ#>^<`R/W$"]EZ2B#,]>[\6WO%ZA397''<=$P7BL33#6;I'L^,9.;996/XDO
M;?-7+&V`%5NP)-XY1F1IZ%-+2;Y[<@*9RDX,*,EFUP,IGA`E[HDVB5NK-;(]
MQ!T`=8+(Z=!M[8.:904OW(E41AE10)]H$]#+NY)+YN5EC*.!Z./0UG:C053$
M)\T4\:;'$/;S$1]#4*=2Q!(S&4;D;0MKBSA!)'%H^/8Y2=)_E]PO4$8,40Z?
MZ-TR7*=GEJ4_GR""-[1R5_`@ZMX3;;IW$S*R"4E2G,7EF:C`/J;7N"1U?C;.
M#Z)]0S>TST^\1V*^^&/KAJZ<T9V+!<L\WB"C9GB))<M((HKA$VV9&9IU#S`5
M5V2%FDQ69<6Z*67&V4*D<^B8[K%%%-0G>C,X'`;8#C]B595-AYP":0O1AOD)
M$2*\0Y=80E7IU)DHKD^TB>M5G:D[&IEG!-'0H<EM9X2HDT]T7B_6$!3[1A%$
M#(<&-[C\)M].-R&*W!/-(C?A9CI"$\:Y0Z1KZ*DN<S<ERM+39LDI#ANVC@"?
M)?<B3A&)&;K`@``07Q783`"8$L7FJ=Z<%75Z9ME5B5-$9H96[@H>1,%YJBUG
M11,RZI4V#@ZB.T/[6_.@*B.&*#A/M27RK>P->-8@$J(MG"`"-+2Z]9P0E>>I
MWAR_S6`I7!O^'/@OKDI<DET<;AP81'&&YF\?&+7):^XMK\1'-8Q;3(EJ\U3O
MUNOZ_<ON/8HLV&$[1>1C:.EN@4*4CJ?:]F(W9R0;;E0EYGA+IJI9'>Z:(N(Q
M=$K[3-WR%^YM>6&;E-S>5)D284J4D*>:)>2J+@&&DL*L4#K>B6A+KH0IHBA#
M#[0/COB5S<.01V%A>\L77CK^$"7EJ;:MUY6]`;C(L24NR`HEF2AJG!-$5X96
MMYX3HG8\;7;YVF$[N_;`(N_.VMG4Y<C"QOE`]%]H;=OYF!$UWED;&F\G^9@A
M<BZTMD$^+GC@OCB1^\(+-Z"684*4<V>:]PY7=ZH(RMH7Y4)YEAF_NW'GSD8U
M%U[%ZA[CWQ=/<DIC'"Q$"(;^,0C6KW(;[I[8THPH`,\T"\!X9[#(43S:A!9=
MRS1#!%]H;UN61A7G8F9$S7>F6?,M[U"#99$5QUMFB/8+K6]P3#EWGETYMQ0_
M1I5C7@S*WYQ@64H.406>:=Y_O+=?50NEI`Z3E=A.+>,8(8HP=$6',"+*P;,V
MY.#:+*7<R"F0NJ,Z+6$<&T0?AJ8W/:,I8X2H!,\T*\&[G=A[8"J>S1@G`E%W
MH:%M)8*HY\X:Z;E4S:536"#:+;2V02RNHZ?2ZZ=G1,EVUI9DJSI1L=0Y8;XL
M81P&1*"%-K85!J(N.VNFRQ)G%CM$7%OA?$1]A38UZ'SQQ[GXMQOM3,4JD!A\
MH$FQJGXKXT-%UZJ6+?+/N-[NHH79`%3!>AE0B$>Z!11-M%7UVQMC:E"5)&E2
MCZ)%3))%RYB"O0H(V23,EH:!!A]H<JRJW\K8LR>&;#YN7#!%@0(+U-<Z%-#T
M5E6_O0$#0R'?,"G3M7D6T`"%5<3,=M)`TU!5_?HT')3QNIP(*V/"!9,4:+!)
M'U6/6YE^*^!/W`O=%WY5JG,,/M#4456_O04MZ%41E:T7<&>M;FQ)`L2NQYS%
M8KO9KM5U#&K%RQ;%-I+!QCA34#Q%/&-VXIJ^ENPBW4D$YRW3E(5EF-$$5E6_
MK751O8YF@GPQSYW<:L`WSVO_E7.6;/$W+;@5;%>`RR8=%E\US-=B[N"I;2#)
MFD&4*\.+IM:J^@:7W6A7LUP@^9MI[EIK%T]0VD5<8X2TPJZS-[_ORMP)9;S1
M9&!57S-O!W;8^EP1!=L5(+-),OZ;L][&3XOUVO_F>("!K"<T_5C5;V74@CU*
M,<G>84[ZEG$^H*J,6+H+?/2(8G*OU7V]G8*DARC%T-RFGU15PG"/*`SW]._F
M?=L3-!Q92.YJ1TRR8)D"&W9(P'79("K!/;V7X^T%Q(I@4@_1@*%A36-PZ;WP
M,(JOR/@B.N5[D>C@FB_GJY4H(J^\*(.$*!3W-&_,;=Q/-*90/)"6MR'^9']S
M`O'>FN=7=W[T(AN23!<L6R#/#KWY..011>E>&^D=#L8O+ZH$R+]=?C0/%")9
M0R>8!@HJO/'9]3**B,IU3[]R7:-S)0+VH^-Z'=*O>XA^#?UC&K`RD(C:=$^_
M-EUQFX95]V@4;%$`P0ZMN08(1!6YUVS/[S&>2RD-OY;?FO%JG`E$%8:FMI4)
MHM+;:Z3TT@+H"!=BKL)^^_/=GVU%`]%RH<6MBGO>\I`'8H8W]Y;SQ2+8.NM0
M!J+3E\LP(DJ]O;:DWL8=KLP&(@>EM*!QUA!=&+KE';#6)\K&_59EXX.!4W#)
M@+LZ"N<L_[%-UO8\27,56`)>']&:H8],/_^JS_H/^D2YN=^JW%QYUK^@.-MS
MX+]@H`(EUJG.OWE+5QC,?=A&6<K<CT[@N=YCZ7!$%*/[^K<EU^Q@]=*KJJ9Q
MN!`M&_JEBW`11>Q^2[N=&Q)VYH2N6,ZY*]$`%]Z52E":PB;</H3NTG4""Y;[
M?42IABYIE2O7DY?4>K&!7=^[$4Y*;IR/+P0OOAG>\.!CLE\ON5"\##2B9MW7
MEXR"VN-\)V->C#UGUZO+^Z?XVGUT9:PDW=P8*ADRW?=H'$-$WX8.,XYA8O?@
MLQ,MGL3/?>?]V-[7*_5F&81$R;NO3_*F]1=#,'S+8-(:V\@:QI%#%&_HGM:1
M2W8G2^M?N.%"+(VV`;\2[UQ&?%/Z$"4*X'U]`OC^/A4F9;(P2THS69SEY=E7
M68.I*N;G^HA*#IU@=KR2\27?^\PW#Z7;3/I$O;RO;]=U97?>(K/8??"IDNQK
M7-8\*XAZ#@W?)BMI<L9S?RWCDH&SOG4?GZ)[_Y8OUHZ[N>.+;5"EJ?>)FGI?
MV^[I^EW+&:I?QSA*B-H.?=$ME(BZ>E]O"H[F/.6OL&<_E%%_1\ZUT^HL\MDR
M:U:\L96;EYZ=P`J^$(4=.L@$7_OC?`.B:#[0EK@#Z0,<?)A%>P`&B-X-S6LI
M!D29>Z`WW48]%M86L8"HVM#&1ECPO_'@ELOK+,325*Q"Y;#[>BL3N_;*X"`J
MV0-M2G:=3F5;1;9.X(BGADR@O=I]F'@J%!*>R"6VJLE4HMN3[-SA3__!G2`T
M?6],P9`%JHS*V?L>].=.6";J#(@2]D#;/NPZG4*&G[PX4^79O<^2&DQ6,4X/
M(EI#)W2%'J(N/="[E[H)0O+OXE0WF?_:/.,=(,(S](B9J4ZUYC<@2LD#;5(R
MZ`$RQ-@DY@T0)1A:UTH&B+KOH)'N2YCL=@0$1-6%)C8!`KAX9QY]<MQ`GLOE
MY;FC!D1Y=Z!-WJW9+X07Y)JR><1D):9JV9!\;H`HOM`7'>*(*/<.&LF]!P\S
M-6&2!W5<3X:4EL5YB35;J@>(R`L]8(*>_#*G6S?\O?S*F,&`*.H.M&V6+N\*
M,M;DA9@L9<<M,07C%/BP0J2MS<>0J-4.]6YP?@>0#!$)%UK=!"1_%<O'IKK=
MD"CJ#K7M7:[5*Y)P%^\#LT6X&R)R,/2.":[N92J`,GZ(NN]0N^ZKOCVV/%)O
MF!].$+T6&M4ZMQ.%V:'>O<5=\3VBMD++FIUOR*-&?^7+1S'TSA?BK3AK7K9W
M[)Y_C\[$5_J]#!2B!CO4MC?X\*Y63E7$HME;LJ09EK>SL]].-L546^891&1:
MZ+1N,TC4<X=Z;[G3!:)QLA#Q%[K"!%F9=G&]>J-QE!%$5(.'VG8![^\2`DE!
MT[M>L;<2H'%N$*T8.J`;W!!EXJ'>K!D'P9/>D19?I9<OM<R/-X@V#!W0#6Z(
MLO!0?V:-^NQ\W#SPY7)7$K;BNL6"F0K$6*$'-R>&J`L/FVWV;7HGYQ%&&DN0
M021B:'MKD$E#-J\EV(R(<O%(^];>ZFXUF=Q<V1*&&B$*,G1$=Q@B2LBC=O8%
MUP/I[:PF#UZR!RZ/F:>[K)C<9O4JK^"*Y$(_OMTD>=`%<@-7:'RL&B&*,G16
M=S@C2LVC>E+S+.;,XX\RL>3]OB?=ET*Y8PQ?.SF_K9MCCQ"U&OJE.T@19>Q1
M(QG[^//L^L.7!1M"1XC:#1U@@IVSUR\R-L@KXNHCHHX]TJYC%SL!QY43]O#*
MX@*6Q-%'B/`,K6P"AU\=UY,9U*Z]_+7R+5PCHKH\TKY;N*0_$)*2@L9)081D
M:/4.D$)4D4?M["G>@XO<Y"=3</_E)YE<\&<YV?4?/969V_4LR;D]0B1D:'T3
MQ'QQ-OS"EWM9RB`A2L8C[3N+\RY@CQGY+OL:OV_^&8-(PM#`9HXSQ?N2[L5'
M5O-`E()'+22$>-L5].!;7(C)4O;P@0C`T.!V\T$4?D=M97GH+B2(Y`NM;GB'
M1/K0/GM--@[<\K7*/Q<^N<\5ZYHQ40`>:Q>`FW1RS\X<63].O'WVFFW1*;9A
MR=)HC`C$T%%=)8XH%X_;D8L/P<YFI!`M&'K"!%)A?-?NODU<8Z+Z.]:^T?AM
M1^!@9%R"&R/R+32L$0JN5ZLPCJ5D2N=\(T,MB5G+L"`JN&/M&2+V]BR[V3$K
M)\\P%,*82>EX6(E/_=NYXV^,*+S006WB%2X"]UD.Q=>K+_S;?*&"=\+"-X'O
MB3\7ZGN'7_SH/W@T7_K/PKQEH!$%X+$V`?B`/N9:SC>65V"[-9BHPD0=EE0R
M3A<B&$.OM$B7&_!%=!/PC;O=A'\/W"CB9:NT,5$D'NL2B;$^9`\N]68R_!CW
M/B("0ZN:\KY,4E\^=!!UW[&NW<-(%W9];]SIB(X+K=FFT],]^->K\T*2]^3)
M?.Z'47CWY`3\S`GY\L9Y50/IWJDM4?(=ZY)\:;W-+R/R'D_O>;`14Q69LUQ.
M6F0&:O/3%40=AKZPD*Z'HKWW7$XT)NK'8UWZ,:FS>]FRZ/:B,2(R0Z\8PBS@
M2S<J+%;VCE5$N7FL*_]$K4[E3[?L+-[UBL7E"VNJT*H3>F-$?X9NZ`@_$Z+>
M/-&:GZ(11`@V=_[:^#)I@HC'T.KMXK(-0[4^S000J93RCZL5E\<;N<?#4!X"
M"$/9@[FW_,P=Z85-^9U#$Z**/-&5MX+6VY2M@OJC*K.=VBRO;IPV1%>&OFF5
MMF<_=-878A)1EO-D0I22)[JDY.)W+SRJ\A>->QO1CZ$U+?,V42&>:$U5@;G\
M?!M]DWE>F7B#,Y[^\ME2O&B<`$3BA19NCX"/WX6A/&<=/XQO':ECGKW^&OC;
M9WEZOCP,.2'JN1-->N[^#F7G*I.2Z?PU+BM#VVEI2V*/$T2XA>:WA9G*W383
MHHX[T:3CUNG2&VZJL+%DY\T$T7RA!\R"\]GWEZ]AY5U@$Z+^.]&D_^[KSIZ!
M)BYJ#RR(5@PM;Q:6N\CQEDZPO/']8`\S1$UXHDD3KMFK/>BD-52N)%7-'HP0
M41@ZHT6,DNN/;WB0:NWN8H_F.R%JOA--FF]E7XKW.R\83XK*BTY9*`O_8I&D
M.T$D76AT<Y!<N&MY@_8^3(A:[D23EKNG-_G*6+UL.RJ(>@L-;PZ5?8+ME"C8
M3C5M$"[M1_;H2;$0)9@J8I6J/T5D6FAKB[D@"K!3G=MX#X##.`^(D`IM;'C>
M4<8"45"=:A)4T3Y4C`_J?>,@(!HK-+"E(!"UUJE.K;62AOCJ"GEVE27G6N5L
MXD'-1<6K&]^+IQ;&Z4#T5VAUXS//,CZ(HNM4E^B*]Z)BJ$A*&,<!D5:AD:W%
M@:BF3G4FYMW#!#Y@+),UB55#!J*B0LN;8V3/*G5*5$^GNM33DFY4K3^L695.
M$;$4&MI>)HCJZ%1G7MU]8.`C1W'$^,4X'H@("FW>(AXJ!GZ]^OA]\20O;[EU
M(G[MR4M1Y]Y2_N?C'UOWQ5G++:+R$+GK;84'KH5=XW.891@1==*I+IV4V-UL
M""*V8QQ#1&:%/NL^AD0==JHSA<-Q690G&WG2$A,E.(O_#ID8^Q;RDF.92%/]
MP?-VC7.(:+C0:6USJ`ZIR\?(O?-=>J4!<3.BJ#O3)>K6[M@N5G)W5.1\5T29
MAF6&"+O0WEV"A:CTSIHIO<U2B[\+8A#I%QK=1F*2MVZY[*6[=M6K>^;N,Z)8
M/-,E%A^GUQ"S9*Z?TJ:N)(R;9'[69OYVL-.L16O&&2),0V>:QG37*W>1>$E,
M5*[$UUAGY7CI4$?4KV>:LDE0NIH"J=XOP'@B<Y?+^=B*+P6%:_;`/;YRC9\H
MF"$*-_2+79A=1T\\F"__L0TC=4RQ#"^B_#W3)7\?T,4L:XE\W3@SB`P.C6T7
M,^=JX7/I7?`5#P*^%(7B:];EL9_XD;)>^]\<#\"0]9HHG\]T;48^;N^S8Q'Q
MJM'UV$M:ACEI(>,$(B([](]=!-X$KA_(RX]K/!B)(OQ,EPA_8#>ST6L;G?JK
M4S$-<_TE<[+AS3A.B#X/?6`73O/H4SR3D#.-K?@BKSN%R\@B2ODS71N=Z3W.
M#G,F$ZS"0D#\\:P"A4[$Q`.4A6D#=BQ($?D?^NE=T$>,`,P:10`.DEZ/BJ!E
MG"'Z/O2(79Q]\@/N/GH[)2Y<43&0Z4><=1EH1(U_IFNO]1&ZG$$6EY,#G/E4
MES-$LX=.L(LM\6*L-SUR\6+99&SX@:;>J_JF6'K;12B7Q969*"A/"W&V6U^]
MOM."8=`*ULQ`0SS43=!HRK^J;_3IN)\V2V(`!5,5*+(N!K!KW5O^[$1!(@^M
MDM$_W?U2AA1-_5?U38U=E?TM'E\+V3)Y/"Z47K%*'HSA]B%TEZX3F+Z"M&#&
M`FZ6:_GBQ8_?^>8YBLN4`4:3\%5]@P_'8@^S2_V<[Z=<O2Y@$H,@#TWK$P4K
M%?@Q*=)OGM?^*^=WD;_X_5IE0ZXZ7CW\0%/B57TME)3U([],/2[`5`D6%V%?
MXT*F0X0%LQ2P,*G#I^;DP8N[X'FRTF+&2?'S.HM#7Y]$9XKO?/PN_RP=:6CR
MNZJOE2%2IPN#3QH99$&>@%X.0H&[D/]26U:9\\T)EN8GXU"&1_QD&8!??.]%
MF),OY\J&Z@[7XOLR%VJ<OOTVNVNOC$F:3J_J&V/R$#NDF/[F%>XA7!0JB7]8
M\+B$<C[BJG>`Y8T*I(BI<?*2+%>2F&WX@:;\J_J=8A4U3IXIY9DODL'U@1=O
MU71"QN,QF?DO/&`.^R96$T\J>B#^[3QR%L>O3M@K=P+S8S",'B"^;A'V/[9N
M]"J=XWOB^U7E]QI^H,4#5'TM3&)]R-!1;[+L75MRZ12L42#!I+[?A`2:8*_J
MZ].^NHD#E.01,[>-PQU?;`,Q%O/*A%S#'E%T[^D2W=%.O&$A?]N:I6(/D<VA
MC5N$(8S<C3S;DJ=MSO[(\X)7(T*4RWN:<E(WZ1J2@-H:8A")')J\?6*6EYZP
MG]R$)N=U8D96'E#I$=7OGB[UNZ(KV5"2EF%9(9:7,@X'(FA#:]L-!U&Y[C52
MKN,EPT=O637KR`HU(D4MAEC.2UZ"2:<)?OC:?70?UIQ=^?*N%O$!*@6ML[9@
M*V?!C@643&K;!Z!$E+=[C>3MF)*[R`FB_3"I8GIQ.N./KN?91!0BBT,7V4T4
M4>SN:4W54H.B_*&U6#ONALG,"TIED1**8,<X(XAR#8UN-R-$\;E73WR>Q8QX
M_%%^O2I*OL1%WA<GB)0,#6\W)T3AM]=(^!5?Y<&O'DV2(@<\E?CWA;R/)WP.
MN+-,,;%A.HQHL-#LK29#%\_CK1L^R:]WO;K@#]&]^-!*":Y'%&-[NL38RLX4
M4I\72LE[YF0Y)@M:H\CU$($66MTL)N5WN`Q[1(VVIVM3=4DW]J!AQ6TM!:,4
MF#"ITF+&5%=2EU#1)RJU?5U*;6E']G!AQ07<!;/D7$!3V\P%49[M:]W-O!>.
M6QZY@5C^;OC2W6Y.(WGIK>='YN<:?427A;8V"\:5Z_'+B&_*GB1]HC#;UR7,
M5O5EW^-$%F2JI/&'2A^19Z'-VV,DBW]<N<Z#NTXB9^H:SN6U=RO#98&\0DMN
MYDZ/JLLM1LY:;LGX5<S=KL2ZL`PFHI#;U[0%^3B=1B)$A?98VB"[]EC6)(MW
MQ2<G^"\]EC?+9+M,-FR<443WA:Y\+XP2%>)^(X6XX</PN*`66'L4;X5_45E7
M!:JNMUAOE^)E`6!ZB<P)6^>?:9Q(1#>&CC-`9)RJ0R8;JG20*/#%EQLS"_ZZ
MER):&91$D;FO:4?UT?J-C)UQD^HBM/W#J"Q5;#D95[^JQLT_Y!$)&[KT'>%*
MU+O[C39;'SJ&:F"V<&&Y&#!S/)VW>-H")J*90^<9`+/LH98^PBZ3)]3EOF.5
M?:*DWM>TEYK0TR)W!S9AG#M$A8>>ZC1W1(F^WRQ_2K/<L$>`+X[R!/R%>UL+
MYH.(7`\]8("GL]?LS[^Z/!!=>GJ]$D9;5XCW?:)XW]<DWM?K%/)4/'MEA7]E
M59BJ8XFXWT?$?>B(CA`T(`K]@T9"_Z'SKX88G13(L8.9`2+\0],;82:=TKZ>
MKYTPK$*%J/T/-&W-KNP+/L9DY9@J:`LD2!``&MUR2(A!@$&C(,#AXTDY*9:R
M@8C_T-;&=(&C::H#HNX_T*W[']K?<MFJNVK_`%'[H0/?`91$H7]03^@_?%/F
MT>@LT_E_+A'Z'?5YQCE$-'[HLW?`(5';'^C<0'XT!F^+XUS(_L)^NHH9/$E&
M3..X(1H]=(TY24I^R;^[T=-OGO\0\N!%ZL>7WO,V"G=3964SG?O`\<*5\.;U
M-KI>J875H`Q!HEX_T)0<18L-JF5[)MMGQ0]@\2>\3;>9SRBS#V'B4^0FDUC7
M&!@G&A'WH:??*=%$V7]03_8_PL-=!]HYD?Y6W623$&E5#'^`Q`"@V^S'<_=)
MJ!YFF?TOO<BOYI08)AAHVLFOUQA'&H+?KJO4QQ6&8_F!U@S&2(0".O^]TTZ,
M;`QTIHYI!_F<3E?2N4X'9DO67$@4!#JM:Y1FS\P['D5Q3\L68T-BY&2HZ8B$
M/D-H&HOSZ7'ALTSC/40"-M#C[QEO8K1G6"_:T_ZTN#[GA9>LF@X/D3@1=%?7
MV%2/P\LPW):>>1X28TM#30=,CMY_K9/>^".,,XS$LZ!_WR'#Q/C6L%%\R]R\
M=A=D^2^9`L":B,$0B5Q!UW02OP;2UY`8UQIJRN"OV1HM:0IV2;Q#)$8&_?_N
MB2=&T(;U(FBF9[5[T0>RKV7JPA`)L4'?=9+6&DLO8HQM:%F,K=H(6D=CFQ0%
M),8&/?U>D28&V8:V!MGJL;VC)%@RPB(Q->BE;N+HK,O77\0HVM#^*)KJOMY1
M57Z"<8"1,!GT[OL#F!@8&]8+C-DQDA9)5O^P9O1$HE_0,]TZIBWKQ_>:\<63
MY_ZQY?'AY7O^/3H3W_WW$B)'Q$#82'<@3*=--&4CR#Z7Y1_,U">SK_*SF?IP
MXZ<21DB4#.+P@_P,B`&SD<[4:*W^%OY]ZWB1&SG)5>0K/]BDLXE')U!IZN^?
M.+MS'SUWY2Y$870J\LD/V#D/(GG:8=]O:AX5SXV*7]C\[=3%^$\%"=I!9,Q.
M5V[\M;MXC?]W+^[$8-RHQ6`<VJ\].3G8*;O@*S>^84YEY<C.E!I'"8F=07>8
M&'67_]B&49QE[^].$#CE@L"(&`<;:3_GA?0E.R+(P_`7MG&"WT\C_U3^5RR*
MY'D9IH[+_,P$,=^2.L9A02)=T/AV9F0#2X;=%</;4YR5B;!'Q%C72'>L2Y<]
M"+D&X5/YK3Z`G:6V)"_W"`EX00A^`/")(:]1*X?&6J3_P6)FD;`7])_]FA8\
M>K)WP_>(&/0:61;TJC*!QG-E-AUD&"$1+^CF]TDS,=XU:I1+KJ5M7G60?G-H
MP<;39",D\@7]93^6B&!^(X!Z<L+2X,&(&/T:V1_]RDR@-0*6?8IQF)$H&/3R
M^X29&`D;=>2(&"`Z>\&6:-@(B89![QB`\/I9/;?DC99_Y>OE/#9H./MPX;R&
MU\%G/^`W3AA=;/G\\3%0@<P+=R4>7]P#T*2='1/#76/=X2Y2IY%1,VXON1=4
MMBC&P%20GWU@LE5V'3#9+I,-LPL9!$N;9GG;IC$=(]$JZ,WW@BDQ'#5N)1QU
M%%9C,@.^X*X:5T\DEDN)I1^PC<3R66*YE(DAE_;0B`2$H-.,9/LK/+/BQU!Y
MOK\Q,0PTUAT&PGN#IX4LS@^36P&L2/XW1@(^T/"=G.25IX_NE1%'C!R-=4>.
MM!I%ZZHF2RS(TD^6F0?3SV8]X[\#))8%<?A1?@?$@-:XE=N'6ODQ6)\Q;HS$
MHJ#_?A1PB0&I<8?.8#6!=S?AIBUK^S$2DH(>[-86OZL]-UF.B;&HL>Y8U#'Z
MKNL>K2M[;LP<(P$HZ-MWQBXQ\C1N)?*D!^#T<:^VZZ$$[TQ]P55;%A*,Q*J@
MA[LV<<@"B96I,L;$8-78ZF#5&QMHSZUE1]J7,1*N@GY^ISP3XU5C^^-5)5`7
MTK]8M`]@C$2MH(_L9S$L\8%JJX3%"3&(-;$L>6&E#8XSMH85@ZMJU#3/$R2\
M!?W\3GDF1KLFC:)=SSQP_>5'KU)5R`JU`[?X($GF@[.6(^T)6TG87Q3L%HVY
M$R3H!7WW3ADEALHFC4)E,7YWD1-$^RE5Q=KA](P_NI[7!521H!MTX3M%E1AC
MF]B8I;#^'.$E%A-L@A&)?$$G=4O)JG6J>D*,<DUT']LZF@'`7=U':]DXO$CT
M"_KU/<)+C'1-6KROZX@$G_N;9\=[_=>P^;%]RP[M3Y#@%W2J_7.`6I')Z^B)
M!])W`7_B7NB^B*86_H977$@W(0;*)I8=VB+;R<#V'/5UV,[W8?$7LN*.T`D2
M@X/8_,`_(6*\;F+C2;&C_8[>W'I;W-N3_PC$K^+Z_-*6O3X3)&0'G?P#`T\,
MZTWJA?4LW?[3$/J*2W@5\G;L$9H@43WHYJXAGPD$^PZB38B!O4FCP)ZQ0+7N
MDY5Y.,6:TY43)$0(O?UNP9X2HX331E%"LQ'KJE.6%@F!4R3(!]W462*K,M].
MB3&^::,8G[%A5F?ZYGR(M2*%\Q2)!D(OOT^8B<'`:;U@H.E9,$YUDLK9IF$5
M"?9!%YDE,<Q>S#)15B;^FA*#>-,6#\J5]FU?EL["ZUE-:])Y39&H'?1*QZ@B
M!N2F;1\[:X#6R0Y;)Y;#A435H',,P'7AAHNU+\T8[@N038D!LFFC`-D!0Q36
M%V1(*A2S*C_[%(E?09M;S@@QQC1M%&,Z=,"I"4IA?#'.!A*8@;:V-RJOYI?E
MYROW8D6,NTP;Q5WT;2RI:P;J<;]X`;DG0X!58Q\2AX%.?[]\$\,LTT:GIS3O
M/6D*>1PK5&"KR`G[*3ME+5_,`RP_XQS?Q-=.J)LJLB26);\7XYPCP1?H?&.<
M'YC-6>TL*D.;&&^9ZHZWT'M>/EK3\K5_5:V;'YN1N`KTZGMB=D8,I<Q:":7H
M`/<$D`N%Z9/NH#M#`C#0N5U#]VI/5H$9,?8RTQU[.4[OM0V[5_:D%)@A01?H
MWG<',#'>,FMT^,K(^%M!\='&8)LX1D(VT,L&.#Z7W]V+`F6RZ]6M&_Z>JT/*
M=I4"^XP8MIGI#MO4[1\RF.Y49=<K)BL7U-,8+6LD]AD2OX'NZ2!BQ!C.K)48
MSN&<G;P!S8]!.[&8-"28`[UD5*B7!IMO_*T7[8&+&-.9M1?3`5VJ#.TH9%A2
MWAYRD!`/=$$WR"%&>F8M1WIJX`.&'/OX0<)`T!%=6P[L4\=GQ.C/K)WH#[7W
M)6>*J<T:9Q8)[4"/OCMFB1&=68L1G6.!>_XD/I;+:./;*$R'KOZ>(1$:Z$PK
MEQ$5-S_,B%&8F>XH3+W>$5:I5MP-,4-"*=`U'8-K]($6+E'U;5BA%@D#:])S
M,7RYD;RDYG-\A;CBS`JL"@;,L$*<TLG;D_<\9T<?:+$.55_KP'9$$X`)XA';
M-HXP#'0@OGV?"-.B':J^_N%3`\?(?+%>XAG;)HT%%Q3HM2&\$1_ZB6_]_<PW
M#SPH@Y`6R%#UM8ZCL"?(9#`Y6)?2]#4N:/[Y#$,3B,&MQH,6A%#U]8]1Y8S<
MN8^>NW(7CA>A1S%_2I#YV1YF8)`!\8+9XTBQ\?)9]-XG'2W:H.IK'63J]&W/
M:=\$J,("U*)]U@4+%JBR(0!!H8H6B5#U]8]-3="ZOKI@[R8O7\&^!>9L"%H<
MX;9OE9#YTEL$HBE^P>/_EG%*"V.H^FV-?D>UA]8\>_%'LO0S6?JAQJF'80^$
M@!^`>EH@1-5O=736@GZ\U)69P+:E^<)6?L"B)\[B+.\[Z<-X>M9%EHG3B+$P
M<M=K]L372TLRBQ5<54#>AM`)W;L5^==''VBQ%57?\G']B#>SE`SC-ES*4O!$
M`6`;PC-Z`>X1XS>]1O&;EN]CV4=SQ54L=HRJ/22X`SWV_J`D!G9Z!UP2U.H%
M+/O`K+Y[Q1(VD:@-=-S[8Y,8L>FU$K'1]MBW9;[90Z(NT#5F9?5>I:S>(T9=
M>BU&77KUHBX]:Q3T'A)U@0:W&@]BU*77=M3E#2/_OO4CL8"]"=Q%'.:=+R)Y
MXT&\@R9>S5XN14_=A;-.=<XD%-.S)Q330T(QT#5F0>I7@T0,O/1T!UY@3_:-
M,WU[\$!B*M#@5N-!C*#T6HF@E#-2C.[&-ZQ<ET5X^Q8-*TA<!'K"`#?7J]59
MO.2X>^(\DAL="]&J2T\,VYLZY[A'/6+$HZ<[XM&\I\BP)!IA22M,-:.VANZ$
M@`LMV70LNV#@`H(V!"F.AR`Q_-!K)?QP#`Y/)(BG#Q#$DTZ0B,0.H.],D/@L
M;35_?`Q4SNT+=[7B`1?]":]\QU/9T'SO\9X'&[&`YJYZYI3"2(P4]'1'"@[J
M+#8DJG98UA`KM,144TF^-YFS3;3&"LT9)Q$)`D#'=9S$/E'R[[=R9(.$8XQ9
MD+UQPI99?=.,]1%-'[JD:[II=G]`>?+',AR)8G^_&[>%E-M%^Q4BU;E@C?\>
MD#@"9.('^CT0`PQ]^P,,#7X4M_B&&9ON)"E8O$"P#;$(74XJNQNQC&ABI*/?
MXOTFK=C)T(A??@&Q\5\0$JZ!U/S`OR!B,*C?]ETNK?Z,&ES#:M-3`XDL03];
MMM:,5UP7_"&Z],(HV*K[=\J@)0:>^KH#3XT[VESM2#4.V1`KM&0</B1N!?W5
M9?B(8:U^*V&M@PG\FQ.X:F;@>J)I'D9,1M+%D]_S(WECGT5R!Q+I@L[I[*.]
MT7F(/C$FUK?Z%-`>F^B_C-K2TT!])-`&2?A!?@'$D%S?_A-!-7\&QSP55)C5
M[AP-LFFVB\3X(`S&)AS_OG7D\].16]3J7WDWZA.#>OUV@GK[>@>2"]6K9IPI
M)%H'/=(UI@;$\-R@Q?!<7;`*V7YV]O3EVM3]$R\<>S_WO=!?NTMYT36[$^W'
M%[W*%'_78C!4HZ[Q(6V`!/*@\XSAIV*@?Q7/@7F\H3^<?;AP7L/KX+,?\!LG
MC"Y*SS@,B"&Y@>Z07/T>EB_9XQBQK,[F6:*%V0<FFV#7`9.-,-D*NS!_.G&`
M!,F@ESK)&C'<-6@EW-4<.+@%0;"UE&R)"=M&LO4LV5K*S5L"@"AP%M'663-?
M3"\C)SZ8^"PFE0OWV5D;QP^)<$''V8-?IJC$2=POO2^^YRP6@3"P?)ILRU2C
M`3%2-=`=J3JTOPV'P5S.C!N43^B\21:W:1Q*)&@$'?@.H"0&?P:M!'^H9#89
M+_.SL,891((XT%\&&/PK7SZ*1TCET8\!,4`ST!V@V>D$,H0E[UMSJF.`1%6@
MD6VE@1@Q&;02,>D<$DCX`UJZ120XEWMGQ5)[XX:A7$:KZ'H9$\2`Q4!7P`+O
M128W<#5]7N1O,^D5\71QO7`;.!:$Q09(4`!:NT4N7$^8Q776OVX=8:"(\\O4
M5'?\47[EZL&#J.L/&NGZ#4"IV:UL)$G+LZP"RVJPI(H]@PLBJD-/6`'1>;+$
M#6\"OG&WFX_?G_DBXLM[_TR\MUZK?UQL913E3@97EO\NFA#/@$_B/?^;>/7^
MB1>/25V(*649BT11?J!+E&_7.BG2]\+#7,R@O>@I9-Q;\N4)^Q];C[/!AQ,F
M'#DZ8>G'L>2SDFLODB]C?J&'Z/S0R59B'I]-X<OK%[F#+7XOC@ON%)`+GK]S
M]_%).&$NBCJ/7![?^R0\)V5UN7*Z+0=^2(P8#!M%#+0`?UP[I>BG19D3EV6!
M*'RZDK^'0!0SS?40"2!`7]K%];[HU9`8.ACJ"ATTZ5N]V4!6SZHLWT,D4@"=
MTC&HB#&"H=88P2%DY139\I`=(A(_M+M=W(!GPQ?^[6P;NAX/P[\';A3QDAML
M1T.BT#_4)?0?I]<I9BE<\?)7E&-I09:4-(X=(N)#YUB)'3I)EY'`^R?'4[/N
MN;>4^\=<[Y,@Z3^X$X2?1.=K+F.&1-E_V$CV;V\9<X"%LJ7,-[Y^>;N6N1"_
M`[D:9X.>6L],K5_/#)&@`?2V2>8KM9XA,6PPU!4V*.E&U6S.%B5GB$0.H)WM
M18(8.QAJC1UTF0LD?`"-;>7C,9^?)"_<.*]J%U^ZUB]CB1AS&.J*.1RQZV_F
M9RQ]GZ4%C'.'A">@8ZSDKG+2(:<9^9Q#6+KQK(P8Z!BV'^C09*!&D[*9_9,R
M))8"G6TE\6"X03U<!C0Q6C(T'RVIU_^,5S]RUO;CB,0\H*O>'XXC8BQCU.ST
M@V2A<B8I"_R3R=PW;YF$_C+`9'Y`>O[=+=M&.2)&)D:Z(Q.[O8"KD_Q]]E66
M,+XX&2&A!FAE:WD@!A5&K005N@<%$D>`IK;RP54M5W[SLWFQDBZ;KAQ&Q)##
MR'S(X4@&:K1RF-C_6$1"&-#9W2/^VLOE>>'<QKP3XQ<CR^,7=<W3B/:Q_;0C
MP0OHZN[1+K6.S)^]#XUI)P9%1JT%1?2:)Y^A"-9?9:D2U/M#^U%'@C+0S]U#
MO?<A]^2H,>C$4,^H4:BG?=#K&:<^YO8KGR,DQ@2];"7FAV\;S5T1E^^5X4Z,
M1HULB48=Q4BE&VMYBO@B1SR2B0\%YRJ#4;H1J7C`4_UNC-./1+J@T^VB_],V
MV@8\'58R+[YP;\OEH";34SUZ,J-4U9F!N@,^,>(U,ACQTF.H!B<KE+";/P#B
M[Y.._-:DX!\AL2_H=KM^`_M/RLA09O1T*/7$L-C(?%B,;)HJSM\N7.T_131"
M(FK0RW9!?KYVW$V64+!PU:%,E>5[<LO(]2I.KC5?+`(N;7Z]2H_"E*`])H;8
MQ@:/"]$,TO1<A_JT0H;1XEV3^0?*K&1)-L?L,^5KZ:>:!G^,A.T@`S\"^,0(
MX+A1!%##,9+CT)]#*D;GA4)\G2&^M`5:)+8(_6<7M.F3+E]/S9?_V(:1BMY!
M?UQ[8/U5!BXQ5#EN%*K4,ADA&"7C-JL7GK`=B+-C+GDE>T9?)!X*_6D7R/67
M367`$F.=8X.QSOJ=W]F]8_TB;XR$*:&?WAN(Q"#DN%GNM.-O)WNW-")A1.@L
MNVC<G7X=GJ]A3(P5C@W&"AO;@+KFRJ3FY#/4O=9,?DKVB&>W%B1S&"/!0NCH
M=PHT,28X;O?XUQ&IWI-AA&U#\5[D9\NJM^LMX]0BL3_H3;NHK?](/-JIGS$Q
M"C@V&`74::ZF9X`Z,C=!0H*0@*[_*.@9"L;$R."X$Y'!%O(5=.1G@40)(0)=
M_5D<(68X)L8,QP9CAGH,U3""V)'?`1)(A*[O^._`#<+HP)_!A!A?G!B,+VJQ
M4]6OX+,`[ZES/X$)$E*$;N_J3^!H1WXFQ(#CQ&`R1)WF:GH`J",_"B1D"0FP
MZT=18ZL0Y4E`C%M.S,<MJ99I,O9;OH%J@D0RH8?MXKO!CHF/JY6P>?JO2Z^&
M[CDAACDG!L.<1[*,]BU5\8<77KCT[!+^)TA<%8+Q0_TLB$'7B=8+J]K_;:2W
MG[I>'@>0T0'S(SH2A(7.LPO=YO-2XCGF"3%:.S$8K=5GK*:GFCLRA4>"N-#_
M=OT@JC;8J5N1"OOFRA`GQF\GYL]TUNH^NI-0%3(.'A*'A5ZQ"[RF6MG]DQL<
M>@AM0@S`3CH1@&U@IZIUY9V`+1E_.W80;8)$7J'K[?H9[!<*2.`38ZP32_.-
M:D3==AD%":-"+UO)./J035<^\1%QL1)**I4!30R23LP?K&QD!G3.45@19K3>
M)\?E;_RUNW`M6!PB84[HO#8Y_2Z6*8YX;KF1,$]E/OHI,00YU1:"1/J02VCB
M39:_:TT2^BD2[8,6MI0$8@ANJO?,WSX<3I-W7]FE]\*3\<,>,)"(%S1XBV#X
M`7<?O?-M$'!O\7HO1N_041.`<.XMU3_7COJG&F1?]]T[-B7&KZ:ZXE>']C-C
M*VZ`I2VP0AWC4"%A)NB(UJ'Z^'T1'ZSUEDHQN!#/^1=AL!>.Y&K=,R81PT93
M76&CPWOZ%JRT#28:B146EC?#L/2U%HUJ2$`'NJS3`!(#-%.M`1H-%#H=I!")
MS4"_M4[AK_X+#SSY#2_X0_6=\%-BX&2J*W!2WI.W`.5EF"QD#QQ(G`*:VVHX
MB"&'J=8C8X<08M'0@003H+U;I&,;>*[4F\58+E8U\J\]SR>BVC_5I?:7=B3#
M(BVA)CYI&7O(0/1U:.SVR/C5<;TK/PROO?RY7'@8?^'13<`CY_O\(:S2%*=$
MD7RJ221OVKV4(EF/R8KLVBO.6(KS%%&9Q;79U[2^>;X0;1LZIWM\$37K:2/-
MNN'#ZE#(DNUT@K25XP;LQ5EON=2?72E[\R5;9JV%OQCG"M&BH5/LXZJ$IQE1
MGIYIDJ?K=NNP<<HT1#-$QH:>Z`Y$1&5[UDS9;I;:IBE)DI)%_0').$J(\`W]
MT1V4B#KW3.=56.\=)43NAOXP@=(G8;J_2<O]E2\?>9AO4[KTTOU"93P1!>Z9
M)H&[4=_0AYRLQU1%%M=D>55Y,L&6C50S1,.&7ND85435>J93M3X8K;_\M!;5
M?I87(Z0<"=Y<;^%OQ)#EL2?9BG@MXAOC4"&2-'1*NU"%TNA<F/WC]TB8=NN&
M3VKG[TI*=F4@$87IF29A>F]_BMR$+"XI1Z7=LBKWM"AM'!=$I(:F[P`N1*EZ
MIE.JKLV,G!8]*F[4@,/%D"-&%[Y+CI@B+6T@!Q&PH1=:)(=[/'#6\FS7-@Q5
MON(;[LD_TNCDC2\FI#QR`]6!,U%^Y4;A'EEI1I2Y9YID;FIW4^222DH*OPE\
M483=/3ERWR^[$5\AM$BXG"'".'1/B\2EFU"O'];N8[R7Y^SUBZ."#^5W&L^(
M0OA,EQ"^ISO9@RTNYP>L4/"$Q04MN>!XAFC<T.YF48D-=N%OQ(!?A@I1TYYI
MVH>]KSLU48D+FX<%$:ZAY<W"<N5Z_%(L+TH&E?$'FEJMZK=%2M:72DS85UF.
MJ8*F$2F8)T,$,;E91#X[W]V-.LGC2P&M#!2:(JWJMP7*FQZ]P87S'5R2PBPM
M;1P9*#\CQN\$,C3E6=77M[:JSTV>ZN39">1MF'9P`K5EQ.+M<2(5,3'[O^"A
M^^@I>Y;/9<<?:"*RJJ]C-,$[D8*0O,L*;]LQ;RW8HP"#04D8VK%JOCK^0%-_
M5?UV<-B=IZ)`V#$[+=BD@(1!03>QU2U/3J\\N<_53-"$7%5?(Q.P'V^A*):P
MAPJHVR*6MI@*FEZKZFN;4W0<#2C,(N9N$XWU\MY/STC>\45RDE+MU\[.5<Y7
M,KV`^\+OGP)_^_ATSSV5U^@+C\Z=('@5YIYORN^-''^@Z;2JOIYAYJB]SPE<
M+]F]S[*CIWG+\2F(PA%EU3B3K;.D>2;:9^H#U-:O]"-8_!G&`88Z+^+>=P<P
M3196]36.B%HHOMARYB@Z5Y+.5T5DE#`:"4;5*\9YA&(RXBTK>6P,(4UP5O4-
MCZ*UADYJ6\:1A)(UXKMW@62/J&SW&BG;^L;%!H.A-2-?#Y&]H3_,8R;S^+C>
MUM^&OWD!=]9RAY;<;W'CAZZ<GU_Q,(RSW\M$F)]5=JIL"U@9=T2AO*=)*-=B
M@SK3ROP#6/X)\:;+]#.8_!`F/X4E.4?CSRELR32.-"++0U>_4Z2)0GY/IY"O
ME6O%922Y[/63['0GA6WGQJ%$8@#06?9#6?3!=7#E>X]B/;`/2F((H:<MA*#!
M!L<:9W='U^N`Q9]CTSB+1#*@J]\ITL0P2$_G)GBM7&>C*_,#ME9EK!IGD5@*
M=);]4.X%D!ASZ6F+N1#[>ZSQTZ)Q$@GD0/>]`R2)`9]>LX!/LY.P1^,RSN#]
M))H[C?S33=*@54,@$AV"OC'/VZZ"<NNOQ2<_2@'ESOV>R\M[J2-&A7I&HT)[
M>]U,TMS;G'$VD<`/]."[89,8\.F9#_C4!K0;@9X>$NB!7K*8O_MO?N($&87;
M"R`QV-,S&NS9W^V#1\>2]HSCB01]H`_?#9Y]8N"G;S[P4Y_1?(#TO7A\S(;'
M?,0T#6`?"0=!+YD'L`PH8D2GWW)$ISA^G=[[I]AB=[[Q@T@M<,_]T'A8NH\$
M5Z#5[06$&!_IFXB/Y*<;\KL'X`+4B9B3H;(0J+"?"EEW_M0_&0_Z*@.S_'/4
M^]DX24A$!+K'7I*(08U^HZ#&"P\>_&J6DB*U:9KOP&*<!B28`$UL+PW$>$"_
M63S@.-K7KJ3U]AET\F8X,4X(HNQ#LYLG!-D8=.WQPLRPT=ZH/E'G[[>L\Q_8
M^\,W/8O6LSW/:@.TM9N>^T@<`+KWW0%,C`KT]1X#T4)Q-Y9Z2)@`.LLV'+_P
M[U&RYFZR+ZI/C!+TC48)]G6ZF0RVKS7C8"(Q`NB_]P(F,430-Q\BJ$NG'!5=
M+Q\2Y?X1'IH?!Y&0`/2*;;@E!M_9=[Z7-6(TH&]#-`#O\4&!`+PIXSPB,0#H
MN??`XX`H_P^LD?^KH;3PV,<`T?FA.\Q#]INW6#MAZ*Y<OJQ.XS@>$+7_0<O:
M/]:U.LO@8CU[4C<6S%<@RL+`0!.BB,&"@8E@P:%86402$AB`KC!/TNZ3X.]N
M].1OHSOQ-%CSM/"%$_&Z0LF`&%`8M'Q*XM#N-YNJU6_7.+9(!`/Z]/UA2XQ\
M#$R<A*"R^]D/HD?GD9^>.8O?Q6-8AE7G8<BCY`7C+"*Q$N@H&UETO6M/J:NU
M^2,&2`9&`R3573XD*A*WJ,(BLDT;`R$#)!`"W?@^Z"1&/P;FHQ_U$+54W!L@
M00[H$QM10Q](>Q458IAC8#3,L;_;1YH[6J/U#9!0!_3A^\&3&.P8F`]VU&?4
M^CDB$O>`#C+/WEZHB%&-0<M1#70P*]O\:\\IU@$2EH"FMQ^7(3'H,#01=`#,
M5&\%MN<LZA"),T`/=(`:8G!AV"BX<,3=OC7/+XNY>P;4B46CSA")*D!?=(`?
M8BAAV"R4<)S]P27LP(W"%HTW2.P`VMX\+Y<>GFX@_/>M>#%2=R++B]_6Z@*+
M+]O-`P^N5UFI,LJ((81ARR$$HA7VK0:)S1MG&0DH0`^_6Y:)<86AB;C"D8".
MWY#7@%:M#5R/;?/L-_(V4?:<M&0<723^`!W:+KJ1OP'^^LREH<L()$86AAHC
M"^6=*0Z*>:F=2']<T'B<?XB$`:#-;8>$*/`/=0O\]4C9&6.L`001[Z&]VP/D
MTE/F?91?[N/:W;CQ/4+5?!`5^:$F1;ZR+[G*D!=BA5+V$(+HY]#BEA-"%,6'
M.D7Q6I@4WK#HZ8+(V]#4+:*Q>1:KY/A"^%LQ:?L8BNE@J5Q`U+2'FC1MO!/9
M<)&]*Z>N<F;*N"I@G`5$NX8F;G.86/@;+A<(G\3W3%(0NM[C]3,/DENY^<H/
M>%SNWOG.PX_?H\#Q@Z7XG06OZL;<+Z+?HF80[T!7/U1A[1*@1D35>Z3I\F"-
MEL@?8K(J^TE^R,],@L'RSV'Y![$']4DL*:\^ZX3M?%I\5?$)V_U`EGZB:<Q'
MB-@.'?^N,2?*]*-&,GU#F;5%UM>*]01H-WXQD@T:1Q31\Z'3WC6BQ$C`2.>A
M@G\B&A4,7$#48`@A-MB=G$?)[[?GS,J(&`(8:0H!E/0BI2)[0\X<<]J,LX!(
M\-#"QEBXDI]4?7WWB"BCCS3=UUS1DS<C18Y&6LB2F[Q'B,@-S6TU'$2%>]1(
MX3[H6=1M0A"%&]J\;4+$8SN/0>U[G!#E[5$C>;OI\('VY`T<8D[!EEDABXXY
MCA!U&YK;U%3X;OL0NDO7"52"C^AZ)6Q=Q@A1XAYID[CW=2@3,/_8QGN@F,>C
M=#*:S%#%?"0L5#5.#:)X0P<8'5+N^??H3'SD[V6\$`7O42/!FS2F9%UY,ZB(
M0NRB,*C(<DP5-#^L(+HWM+C=@!#5[U$C]?N@:4E=2BP8,!#M&QK8^"SUPM\X
MKE<"Q)BH7H^UJM<E?:DQ28T+&A\RQHAN#$UN.2)$Y7?<3/D]RE*F<YP@XBVT
MNX%'R\?OS]P+^1GW^,J-,-ERSS)G3!1EQXU$V0.F)/5[B"Q_>%R9_?005__Y
MA"WR")B?1\#L61R-$1$6.LDX:F4X$478L581%O0"F=PF!5A2PC@.B`X+C6PM
M#D0-=JPS.?P>)FX"_\4-Y5,H&SW8R@^LBMB,$2$6VMQ:.H@B[%B_"-MM.A`1
M%MK<.!V7GGCRBD>QZR_%>_/U.IG]E5%#%&;'NH79>KW;/5G&5RN^4"%`JP!"
MA%IH_LX!1%1MQXU4V^,\E#I-$2+<0A^8H$B9*TRLR9<7;B#^O7Z]]V-9?-_2
MB:CFCG6KN77[ARV<XJK,2>NR95*913[C<=3`HD43(OU"]UB(V/EVLUVKPW%Q
MR>O5^9/P+K_TYHN%S#(EUJDW@?@UN\_KLBW38Z)H/-:U95J+$79'/&?YCVV:
M#6*YY1+.Z(F+E_UG)2")H=#CWYB3M</"R/&63K`T/RPB\C1TI87,EF`X(4K5
M$ZU2=8U^[9)5?(*RQ9,3/(I!\*=%P)>NJ/NS)"T4K_(G?[T4"X=_309%TU1-
M$$4;>J9#5!'5[8G^?<T_#%J("`[=8P"M6RZ_O;MVU93XB^\M^7*[B-R'-4]F
MT7?2G&=.R)?G_D:^HDK*6V7+L"/*XA/=LCBES]G64UGB]$$688M"&>.@(1(X
M=(@!T'AXX[C++[R4&J+Z/=&M?F<=@%-^,13]]"S>_)F)H8N+N9CQ-'T31/J&
M%K81`Z+J/:FG>L]B##S^*!\Y54^M+W&1KO.`B-W0U`9XN/'7[N)UW]Z>"5'M
MGFA*JE'6#1NW]$P011O:M54$`BZ>GQ<\_J]:L09;OMSYA;TZ#Z6+]PE1S9[H
M4[/K]JP`BBK*TCKLTF-)K9VSI2RI:)PF1-Z&_N@4341I>]),VFX<46N*U/DV
M".2&()OD[`DB9T.[FZ/FW`F?SOWU6CSQ`V<=GV;<RJ.(STY0<8_[A*AF3_2I
MV8VZ5SX:R9HLK\H^Q0?BBY6-LX7HV-`QW6.+J%!/-&]K/@BP`DD_17Z27R'\
MYCRS15[>O&B#J,S0'2:?<1=\Q<4HOXRGG_/%'ULW3N4GI8HRHJ9$L7FJ3VQN
MU+W*N5-:E<5U6:$R4[5-PS5%Q&;HF>[!1=2<IYIW5!]$6`:34Z!H805%B*X,
M7=`]BH@2\K2>A$Q2@=X;28AP#-U@>$$G)P?AK=+4Y%+GELM9Q/*F<@(U)0K+
M4WW"<L,.[B18E$$'QWM-P_-A(C7:H`U,$?$9>J&+*!'%Z6D+XO1[90H1L*$[
M+-";KESGP5V[5101Q>RI/C%[;Y=JZ96%\L:Q041O:/]N8$-4NZ<Z<T8W82?%
M)#E@9IX11,J&QK9A#ET0>\L@(8K84WU9-?;W"0PNKL>6Z819[JQUY$5XQG%!
M-&QH=I.XR.0E<T]=)3'/]G@F.UMN><B#E[(8R)0H9$];$K)K];'R624K,M%`
M\D?61':&,6G$.&V(J@V]U%':B-+VM$UINQ%R\1YL==G*U?RCF$:K=\T_Z1!!
M&SJAFS#-B*KVK)&J?<!=>R2@U"@E[X)5%_;D._>S4_JV(#9#9&WHFHXB1M2V
M9_6T[6,N_]\E8HCF#5UC$K$T>W&R(Z-\M^.,J'//]&V5WMNEM].KJK+&D4'$
M;6C[;B!#E+-GC>1L\J2IG)M4!G"3$NS9CIUM,T2]AD8WRTJV9,YEW3)<B)+U
M3%\FYSJ]RN-FN220;VBS2)^>(?HTM+U):G[SN!-X?'D3\(V[W90I2#.B.CUK
M39U^VZ'*]7Y:F*6EC0.#*-/0]ET`AJA+S]K5I<NHR0!YCM\08\L+]\S?33U#
MU&EH\BYP0I2F9_6DZ6.NGLI8*<@[6UNQ051JZ`&3V*1&W3^%(8K2L]9$:=BE
MRF=26IS=VC.-0>1F:/]N8$-4EV?MJLOE[&286#3;181D:.\N8#+Y0-.-5?V6
M'TM=0J5@GPP5Q.8MHR*_F;,^]S<;WU,G^<-Y%`7NPS:2)KOWSYWU^OHYSI#K
M+?_N!('CE6U6G7R@R<*JOK;GTV$]37D2_Y;_-,X05'P1JUO&4)Y#XL9Y5;>7
M2=L^JGJE*-'T8%7?&$J5'<ZO;/,7O[,XPY1YKJ`LC+B@3:Y6?K!1>43.7L_%
M4^#1#UZO5Q?\(;KCBVT@\\Z5WLLU^4!3AE5]/?#4ZE4^5<Z*L[-7EE9@URLF
MJ["TCAVW=16L5F#(J%Q,8H@F%ZOZ&B?-C4#:I27CR!)LH%Z,&+]-;,*M&*T7
M/)]<*AU#YDIZ]-0YE?AD2QDX--E8U=<S^-3L5TK-)]<3Q5UGS7[=JMD/EVOU
MI!%;U.."N0KX&%6/$PM)N[[PH'0;\^0#32Y6];6"DO<@12)_)<OGP^2QK;7C
MBJ66S%R^RJ!YS*!YEEC).EMOR0-1T\TH4A<=.PL+)M907$8<9`"CZO3!DP\T
M+5G5UPH13`^<^M[UV"=??"][,@`7K%&@P*A6+.]'6V8C\?7#VGV,+YOYNQL]
MG:MDCQ<\DBF]XTMH;KF\ZLCU'O_.W<>GB"_GXO?J//+SY(=VH[)_E\%$TY=5
M?6TP:3###I-B*,N?>(5/8/(C6/P9;.=#6/8I+/T8EGP.2S^(Q9]D'&RH9B/>
M?K]@TQ1P55_C9%XOW3FEWU)*G832]/'+XDL!V$]B3'[E3A#^;!Q8J*LC7FP3
MV)W=6TE*J;FW_"+Z$O^CA+T>45;O:4LRLK='.T=BY<:TI"Q+,VK)8R-Y<=/,
M]!"!'5J_$\P0A?2>WMPAM<$!.QO%0U,,=L_K;<@\/S*^@[I@J`(R1O7T@Y$A
M"N:]1H+Y0:<^#L;&."6(.@[MW3XER?&%,B*(*GA/FPJ^\^W!0R9YW;C3$3D;
MFM0ZIQ-EZYY>V;K2\\8]CBC1T)[6>9RH-_<:Z<V$@=]6KR,",K2IB2E`17;X
M28\H'O>TB<<[WQX,[C(9_`GS>'*_7/*J<).@1JY,(Y\]QY<T.6OC9"":,+2[
M=600%>&>_MW%[P@11#"&#F@?D5MA\;MOSO-GOGG@01DI1+FWITWNQ3H!.)%O
M,_D^^QJ7,!X^Z"$J*S2RK300-=*>7HVTJT@@.B:T=)M(O/#X-'NM^T8F?:)Z
MV6^D7C:FHJ0S.1AI`>-*4Q\1)Z%Q+0:!*$GVM>WMK<W`FP+&B4"T1VAE$T1<
M?_/X<AY]<MS@;\YZ6[;R[!,EQ[ZV/;IE'8%,,%6$S2,F"S%5RC@8B-P(;6TS
M&$3EL:\W,\,^.JZC)QZ(E4?V[#AA*PG'BQ5P(+(DM+<)..[%1U5LJ.T3E<F^
MMOP+;SN`C!+R+4OVR_81E1+:U@0`?_772]=[#.\K#IGUB6IE7]ON6+07"`KI
M^^RK*F&>!T2_A%:VE@>BCMG7FS.ALU`@TB4TM0DH2A\/1-FRKVTC:_;-;5Q5
M(OHCM*15?B:*COU&HN/!/W@KG8W(B]"<5CF;J"GVFVF*?N2L*YTM"U0Y^UX6
M*,[\C;L<D0^A46UR^8`H&`[T9Y^UW^T#1"R$AC7B]O.U$X;NRN7+L]=TO_'6
M67]V(G6Z\,*)N)H"[=,3!T0]<:!=3VS>5>29P?)&U!G>O!F6ML-D0\G$D<FV
MF&K,^!QR@.B3T&O=AI"H8`X:*9B'3T8.)O'"#>/$!.D9<HR_ZQ6;OSCN6K9P
M^LD/3N\<0:),@/Q7OEZ>WONG65&+9D,#1"6%_C2"YYXS>P.B/#K0MC$3]``;
MT>PYKC=`M%!HW/80N.)AR/D5=T+7>RSF_+A^YO+DCO<HWY-973W^S5G?\V!3
MA@A1+!UH$DL/Z&&655TE>POB-Y@8ZC;&\4&45&CX-O&)Y!/@>A4?^;K>1F$D
M1F%IZ8V\A:Z,%:*D.M`DJ>[K3A9NR=]@Z[B.W/FU4+6,,X*HJ]#@;3(B?D5/
M_GIYN7D._)?XQU>YKV=`5%@'FG:*5O1D9\B015BQC#5[>P:(R`JMW2(;^0US
M64Q33``7:U\>,+V5^5\"\2,KXX0HP`XT";`U>Y5E+<G"^,7;%]EG@9(ZXWTM
MCVTG==B9>(Z9G\@B&BYT1F<P(NJ[`YWZ[B$LJ:A_(:_)ND#5)J5*K*Z"C*H'
M*ZA"Q&+H&R-4S;VE2GXG1W;AGH]_;,72L@PGHH(\:*0@'S0JH=W)'F$%6N1I
MZ6))%A<U3@JB,4.S6T_*D"@\#YOM5&T6:ZB+2ZQ$%X<8*<-P*S@9(J(T-+H1
M3JY7<WDA:BCUJD]^(/6K,DJ(LO-0D^Q<W1ED-$%*&0<$$8RAO6T'A"@)#W5*
MPHTI84_B;968+;0!$$2RA?8V\Z2IEFR'1,EVJ$FR17J`4/"+<<<C0BTTJ96.
M)PJQ0YWGZ;OB?41GA7:U98'[Q?>"/6O<(5%Q'>I27&MW#'M4%)23O!(KUC(.
M$B+&0E]T"22B-CO4N?NU.4U@]6(<&$2AA3;O$C!$D7;82*0]?)';66`0+1;:
MW`@P9400]=:AID/\A6^./&R,^QE11Z$EK?(S40@=ZCR>CSC[W`F"5ZF&.RK8
MJT*Z-OW0$=$3FM@F`$9$?7/4DKYI[=@^0O1+:%1[=.X]*],14<D<Z5<R*[N%
M+4&DV&U'4&2$:)G0XNW#\OK)#SYM(S&?BK,9G'&/K]Q(FOHW3V9..E=W,>33
MKGU;8$=$O7.DZ1`_O<-O`7N5UPVPN"T6-\;2UE1L+FZ/Q0T6U\!?+=J5/4(T
M5.C#]P`F47(=Z4PB<$0Z_3`>]]0?\^4_MLF1TB1=(KOE(0]>+'A\(AHN])$9
M\&(K"Z,G?V16K$Z=.2**NR-=NVP;=`V,<C7J&$<)$82A+[J%$E$2'C62A`FC
M56V>TG%IK?[(QR6>C$N!+>,2(@I#;W0+)J(L/&HD"\=W?]Q%3A!5(54H1@+K
MUT`"M4[PNII_3$DZ80_\T?6\>`O=6MX199PM1#^&SND66T0%>=1(08ZA^>A5
M)HC-"NGBBL>'"VR!"M&8H5?:A,KCZ2&-3\Y"V?TW;QORY;GS+/X=O<J;CEUE
M\T^<WW"!AA<YCZ6$$17ID39%^L!^YE,LC^<G4]@B*\U6\I;#K+QQP!!Q&SK%
M+&"?G>_N9KLY\X/`_R9^G*D+RI@BJM\C;=N`ZW=M!Z/K57JE7%J-)?585I&E
M-8T#A8CET".=`FI,5-/'.O/:'DQ5/CAM$ICBZ(MI@,:(]`X]8!:@^%!BX3!B
M&3E$W7VL37>OT:<26F)*F)\7-$X,HK]#RW>$&*+$/M:[I;@!-NH.>2XU`<<S
M3@@BA$-+FR5D9T)9>8A[3%2[Q]HV&-?J5:TILG%B$`4;VMTL,<6+#BZV<J]4
MY<6V8Z*"/=:[/;E^_TH`RJY_"41YX_P@LC5T0+?X(<K68VT[F0]$!UE7[=X.
M$M>TY%KN,:)=0Y>T25247#U]QZ,H_I+5<N*8*%6/=667*.])SDM:A(59F32\
M89P,1'F&MFZ1##'C"Y.K6RO3C8R)^O)85QH)T($\TB7>R:ZVMB6YR!A1B:%M
M;02`*/^.M2:`**4@];_<(Y00(;[BDQ.*Y8XU3"#"+C1WRTS<\@5W7_9C051P
MQ[H47*P/NT-#_JX])""*++2PG21,B-+K1*OT6H7#N1\\^W(EPJP%8X(HK=#@
M9AX;93P0!=6)+D&U\-6SF^E7*[&HD`2L%0'/\=O&O8ZHI="LQH8#Y#18&0M$
MJ72B:S?RW@Z5/C+08[7&@4'$4VC[+@!#U$TG6G<)-Z0FR*EQ(HON')L@PBDT
M?)NT>(]7[@M?@A0H4@.ZC/BF[!#5A*B73G3M^-W?HQP5[Y&ILBPNK+)TJW6+
MRMO]5>E@JHKYV0BBF$(7=`(<HE`ZT;J_MSX]"3+RN$OQX-4N0F=R,\H_Q+_.
MQ4SGT0]>[8(*$4VA>]J%2B:ZON`/9=&]"5$EG>A220M?O3B^G,KTW$R^>L+4
M.4[C/D?D4&A4NWQ.%$(G6E,U=,;QB`P*+6O&\?NNP9T0E=")KHVP6!^*%(`W
MC5.`")_0NI920!0^)UH3-^Q#(1X0EN)MXPP@DB>TK0USR2_.AE_X&\?U2I"8
M$A70:2,%]!BKD+Q+=9<AL@;[&M<Q/F6<(JHH=$(WV"&JI=-&:NG1%B(0H#>K
M5EM(0914:'(S3YK*J,J4J)Q.M2FG;SNP,X+<I_--:R(H4T0:A<:UD0"B%#K5
M*X5689`O.^S!`-$\H85M>&2<O:J7[L4WF']WRP2L*5'YG+:N?+[I5]V)Q]EK
M_#J3%=E76=4\3(@."AW2(9B(:NC4C!I:0M2;F8@=Q"`B)[2ZH:=0?!NH*Z_Y
M>W9>X_O_5C>!ZRW<9V=]Z?T'=X+[;WX9/$0Q=-J"&%JWBRE"PFICX\@@&BFT
MM<7(?!(^+V.&**9.M>TJ/:"/!6BFQJ%!]%5H;)NA$2-]&31$_77:@OY:NX\%
M:&;&H4'D6&AL*Z&9K\1D81\W1,5VJFVKZF'=S#*R/O&`._(=XP`A6BZTNI4`
M)8]^\>EE^,R(ZNY,H[K;O).%<6=B&IL9(N-":YO!YHOX^ML@X*4G?&=$X7:F
M;9LKUHD2D2XO8)P%1*B%)K:5!:)8.].:$6`O$/8$!6>(6`N-:RL%1,%VUDRP
M/7R'"*3`BKTA,T2BA3:U=!;QA7^/[K_Q]0O_['O14YG2-B/*MC.-LNW!?2W,
M*4;&(4*D66CT-B$*PW-A)==[Y-[B]8NT;75$>$848V>ZSO"7]V0GR6RA#(L+
M61,-GB$J+#2W*3C$#^Z^XES5C*BSSK3IK%@G2I"0FY._J@+F84#T56AC@S!<
M[=G#/B.*J#-M(FI91ZJ@N+)G1_H,$5&AL0V2<9:,OM>KPF!;$=^;$973F3;E
MM&['*L@YRQXS,EE,X>%C1^1OAHBKT!_MP?39]Y>OX=SIW3K24I5;4&9$Y72F
M23E%^Y`B$K_)Y@[KL?A]:S:AS!"=%-K82A:F'V@RJ*JO3>.H!$*08`D`!2-D
M`""&;1V`01W_T_1.55_C6#`H&PK^58X%`\M&@H(U"B`8E#O3'U`M$FAJIZJO
M\ZE0BL+KO\K'PL`>"*#:B1BW=0AJ/0UH6J>JKY&!\HF!1*!G#P%0\D1,:R<!
M-"53U=<]'\"G`Q:Y'XJ5B%W;?PHX=?Q/DRE5?9U/`:?Z*6#1G!"*DHAQVX;@
MS*FW*J")DJJ^/@K>=N(M!N)]ZQ:)!9,4>#"H2S;C@:9)JOJ:GPIE4)S9-"9`
M!1(Q;8L,R/0A-X'_S(/H]7SMA&%5"&OZ@:8WJOI:1H62;F3C@LJ2DA9@JH0M
MP:N"40I,F!02@3'+%>CI!YJ2J.JW0T11;<9YL$%6+ABD0(-)*5&:2I[$":]7
M<A.!NEI$;2*H'"EZ1%6QIVESY;[N[!*B"LIK#M2FNKRL-6-'#]$=H>G-T3+W
MEA__V+K1:VZ[BL&D1Y0B>[JDR'J]PMBY3MB1B;SB.CL863'D]!#-$KJB,Q`1
M5<R>SCV;!)+24<BQF21$^(3^L(JDZJ<840WMZ5)#Z_;K@"')EB<;HJ!"=W0(
M):*LVM,JJU)XVC,PV<(3(LE"G[3)4_`[C^2&N=Q8]_Q[="8^\_<RAHC2;$^7
M-%O5EQR9M-`.'K(<4P7-(X((MM#DEB-"U&U[C73;QL-,#4XNO1<>7QP?&@<"
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MYB.MP4,\LEC&`Z)>0CNWR(/K[5U(](D*95_3$?:=[YZY/G[1'H<C\B(TJ&4.
M)\J)?9W90;OA=40QA%9MU>M^X$:OEYXP)@^C"[X(N!/R3^);W_(EWSS+:]1+
M)YA$[;"O:\]GO5X5(-DI?OXDFN>77E[4AKM2"M8JL&-27*2Q0Y0=^_5DQUG,
MCL<?G8@OJT:3+W&10R&*H1&K$K%D\80W(_&Y:[F;V$WJR[?"[4/H+ETG>#4.
M$R)<0I>8@^F&!ZZ_O/1BFZ>V+V.)J&CV=>TRK=6IM\,02XNSN#Q+*["TAG%X
M$/T3^J`K\!!ET;[.:YR:$=2U,0@15*$WVCS?$$2/SB,_<Q:_\V4><:R<$P^(
M^NI`U[[5RL[DYU_B4J</JI@U\^0!(KA"2[>(QM9S5<ZS,]];[@&"J+H.=.U)
M1;J089"^Q]2;]F"`"*;0OG9B0-1+!UIWE5:P\"OW>"!(\!_6KI@1RSFN<0P0
ML13:MST,OO!(GAJ;>\MS\8`5JP9AKVH8B(KI0-.VT/*.9%,*?ROG#L^.//8B
M-X">.^$3RTNSI`E[A@Q$2(7F;Y&5)(W5];,P5]6">$!44P>:U%38@92-/-E6
M_IYQ]R.R*K2LC>XG:JL#G=IJ.0-GV]#U>!B*M>D+7_O/<3Q61EQOW?#W^*_?
MA->"R!&+$-=\*'^`*+#0]JT^2^20>A/X+^Z2+\]>?PNY6.!]BN/<8FQ>1.Z+
MFKG'&>VVXK7<#?.',`J<14DBZNF`*-`.-`FTQ^ET-@[Q*'XLI>W)3("R17;I
ML:Q-EC?*\E;ET!6WRKZF[9I_AB%*+W3E>V&4*`0/="8*."ZH"M+5VO\6,NGP
M=#.+H-#)VOG%.'R(,@Q]9!R^Q,I4^(C*\4"3<GR<3M<:(+,VRP?(P+X1$E&@
MH2_?"Z1$A7J@4Z$^+JEO1T@_@].F$1+1K:&/6H7OTEOX&RYS(L]?''<M3\S<
M^^?^9N-[=Y&_^/W)7R^%V\Z<T%V44#8D"ME#34)VP]X5QSQ7U6,_K47-GYF3
MUF61SQ:J-@L+U4UC-40T;^B4SF%%E,.'C>3PAG?A_#AL(4(Z]$SGV")J[$.=
M&GMK;+%3]B!;.&%.R`+^XHH'L''>$,4>>JLK\[,R_(BJ_E"?JD_H[)$7#<9)
M1.(!T'%=)Y$8.Q@VRQ71^"%[)!P7$L?G%,>?MJ*=G]G#*[I*,,X=$HB`;K+Q
MB7OAKK<17Y:A1HQ3##6EE&C<OP)8S2H:)PN)8$"O=)`L8K!BV"P3A:Z5`L2K
M:VL%)/H`?=-!OHB!AJ'F0$-;?(GUPC)NPZH5`Q)V@!XS/D^K&?DI0Y`8;ABV
M&VZHV=ECQ6%M63$@L07HN*Z32(PI#)O%%(ZR8C@`Q[(5`Q9Y-<X=$E:`;C+.
M79QNZU#N1L0HPTA?E('0V5HC8-:6]2/@"(E$0,=UG41B8&*D.3!Q)!S+1D`W
MH]&>$7"$1"F@F[K"W9ZH_H@8O!AI2JARG$X?>42T:.O)"`EM0%^^%TB)(8Z1
MSE0OQR7U[=83;(`TOO5DA$0SH(\,:3-E#!&#$R-=!QN*W[TX7L6O,OFR<7\C
M401H3\O\38P0C+2>9"AS^HZ&9MSMB,0/S6J9VXGR_:@U^=Y>MR/*.S2K96XG
MJNJC1JKZ`4DFZ[D>5\V?G("_V66C3C3MZN?/?F!!6'"$".C0.9;!0]3#1_7T
M\,.3`'5DW$`4:VC:EEV?)N6/[5<&`%&&'FG*28WT8'>&F+Z73!:-$X!HQ]"V
M-A(P)@K"8YWYJ?=@X.88N%9@,$:$6VC@-C'X-E\L9`H!L8X6ZW1/_+E07S64
M.0=4NJ+PTBN6$89TG]?[[RT9$^7;L:8T*\?H<L[8-Y879+NMQ=D8XO:DF+93
M,&W2JNMRQHB\"]WX/N@DBKMCO3O3CX?H+5_(X:^44N/,(6HM=(X5S-WX:W?Q
M&O_O7KZ(NNQ8V];S9MVK-]+%E=+_6#6D(7HL]$WW\")*MF.==P\>RE@\5*U?
MV7SI/XM%7A&XNT@LZYU@:7Z\0@1?Z(T6@9)9\F^<5ZF,?'+<0&5"OG##A5CX
M;H/223U1`A[KVB1>W9ML-%)7`R3EF"S(5$F6%S7.":(00ZM;SPE1,Q[KO'RP
M)BS@MIJ3)I?4&.<(D9RA5\QP=!T]\2#YNSK9XI@H0H\UW6&XIS?X>*,*IO^R
M)Q?G&-&7H=VM)X6H.(]U7GY8$Y>_.8&K2,D2A7\4LQBU><:N2VW&B"X-'6`&
MF3(^B(+T6)<@7?CJZ+!AW->(`@V-:96O)T3I>:)5>D8<GOWPLWSN7/[P7^VX
M)'&"B,_0Q'810!21)[IO2&Q.`>&NQ/[)AV%Z6^+)8#0V'M><(((Q=%F+1&WE
M8S5+@^H]WO%'9=0RO(@J\$37%M^R?F1/%E5`0I$?K0^3,L:A0!1=:&B+H2!*
MMQ.M6VH[308BQD)KMT?&!1=?.O37[E+M./[5<;WK0)WOW4C=L8P/HO8ZT;1=
M=D]O4D#>%&.R'+L.U&Y:%A<US@FBL4*K6\\)46.=Z-QF6Q,6N8DBX,[:_2\Q
M(7D4A<)X1Q4/?Q:ORRL&EG([WG*W->/\(-HK]$:;$UU/3/?<1T_:JU+]F!#U
MUHFN?."P!_DBM_"6-<K&!)%-H7&M1(`HE4ZT9L&HXB!B%SD(3LC^RI>/<OIQ
MF2UN[,$#T4JAX=O#XWJU<A<\J`:#J(Q.-.6FV/GN*0W)B_8X'%$ZH4$M<SA1
MZISH3"N->OTF\+^_LN0M>V3N"2)]0N.VZ/QT9?;Q^S/WQ&1JSR'/*5$'G6K*
MR5#:CVP4R):@:0F+S@E/$3D46MIB*HC:Z+19?H2&P\,^--+7C9_8G2(:)C2M
M00S*W$_4+J>:M$OP_<L'`^.N1Y1*:%8+74]4**<Z%<K]_C?N=D2&A"8UX/94
MRZV<%4Z)\N-4D_Q8T@OXZT_?MV9Z.$7D1FAE`SQ<R;O#PT];>;??9]=S-]O-
MC?.JC'>Q+0N93HFRXU33ULZ:O8*\K%5YME(5V":NP9Z3*FQI?H_>%-$;H1M,
M`.2'X;D3!*\K/_@F=T^7,4.4':>:9,?RCD!,5/QBIXQQ+!`-$EK:9BR(4N14
MIQ2YGXTOUU=J,T7ZAG$>$-$1FKA-'F2PYM);\N]\>>]?AN%66/CC'ULW>KT7
M'S[_[I:20=0BI[JTR!I=RH<.%?],"LLP5ES\7T,65SAAL@K[*BN9GZ0@`B;T
M@CWP7/@;Q_7*\"$JFU--FSCK=:HQ0'$U\P@A,BCT1(L(R1W4]T^.=\\WSW[@
M!*^7FV?'#>27O5)!YOQL?WCC![%O5*US?_,<\">QOG1?>)X`Y-[YGI2;1U'@
M/FRC.$G[C1/PTCC]C*BNSG2IJRV;)\NSI\X7,]=COFSK-!+_/HW2[\#<[$NP
M>">`::QGB(X+??KC84V4AV?UY.'#4_>8YWO^Z8Z%?+$-XK,9W]SHB5W?WU\:
M)QJ1I*$[6R;Z?!M(*UZYSH.[5@:KE*EF1'EZIDN>KNI+]F17)[R24JQ0S!K-
M:H9(U]#DEB-"E+%G6F7L^IQ8R0>B<4-[V_%0/`_XTDV&_%N^\!\]N=WPTOOH
M!)Y8WXO7EMN%2@D<#]V7WEWD1-NRM>F,*)#/=`GD&DR0ITY(WV>??#%RJ>9B
M22S_D)#=R+N$_&VX?F7YI[!KC]WE3\%X?B=>OO=W3M:+][U'=O_$V0T/7-^X
MFC)#5'OH^O=).%'BG]63^/5,[2Q"_;(KJ"/Q!<A`-U"_<CU^*5:3I6P30Q$S
M7:&(8_1Y=]X@6V-9<P5ZBU`+3`O\7GHL;91]E<TRU:[YZ082ZH">?">$$J,B
M,ZU1D>-C&I5A>E+.J6LKIT@(!OK3#DX/TT#.^,H/^+WS_5*=,I89N#!)Y(NP
ME>]%PFZB3X]IGHKL7DO11NBL>?ZL+/LM$.-`,UUQH*[8M>X3(?F)%;XU2SY?
MW?8>ZQ7%;UZ\)(/%7YZ);\^RKY_5+W9`SH1VNY#G,'G;B<),ROC/&@F.033_
M^;.N_;,FQN=F]>)S-FG';?R^RT,I\I:"XL/362RVFVU\OE)%8>2-!X4?MU79
M[6=(7!$29,>OK_[J,_?AG;\NN;)Z]H$6.U3U;5NME)E`PP)<-FO=<KO@E(QG
MQ-'ODV=:T%#5[X"R]*."#>.*B,?M`!L\Q:M/0\T^T.*-JK[QE0@X/]=\56#-
M^;J"10NTF0Y1'HLV6NA2U3>B`>U%KG!S3KR]IYCG8\^&(..'^0IV+3!G.NQ9
MLN(0SQCN/GIQC'GQ>A\X7KA6^5/FRW]L8Q^(]4@9@;0HIZJO;W\%J<=PH\XJ
MKL@624T6Y56-(P?CD(AS[$7.45.>N;<LN$/,:]9.&+HK=_'&/9]$W^?7YY>W
M25*@WYY][TZL>*^#*_>/;9+_IX):6N12U;>!6CU&VWGL&_\VQG]8,.J)\///
M'U9L+%K85-77OW`S;KU"HI(7-Y3J]T\/W.,K-_I9/F1272UROAL7M0LN*?!O
M:4SU,,WU"X^N5]6;=O?-PVFQ6%7?^*KOV+:JK3D+_+-;=4\%_J<JK)/OB/[%
MIM4DC-PBWO_!?PVT:*RJ;\>J5-=/8EZ%>WP`8.\:UZ8?!8Q[(A#8\:-HL._/
M"9\^K?UO)=')V0=:=%+5MS?HDO6^1)86_`=Q1H1+C\G"3)5627464;R9\8RS
M<W^]CO]]_:(T1,YNN3R&J,[*NRO.KE?JU42U?C7.,HPB(IY^;RSWB`'$7KT`
MHNF`RX\*=0\))4*7=P/J<\'%HQ^(!^7UJO"HKCKH/>L1XXD]39=`:[/#47?X
MYI\DN=Z)\MAQI+S@GP+?ED84M?!-C#KV=%XCW1+DQ/W!)T7,?4LQ1T*9T/5V
M8`XC?*6;T_8L)WO$(&=/TQW61^X]0C.:[6`1PQQ'1:58F&DG2CI\NYB46P23
MQ$,6K1A[2(`4^KEM45U9]H('[HL3B25^Y;'A68\8^>QIC7SB77ESL#PFJ5#*
MEG/#!>,4^#`>S6S&!S'&V--Y[TH=2.;K=;*CWQHJD%`<-+,=H;C]02*QX%2Q
MH57^+"@/K/6(@;6>SO.(1S9!OCC?K<^<K(%0/>M^4E<!_9P\"T]DO,PXHDBT
M#/KN?2)*#(+UM!](U,1I%Z*X/21N!1WV/KDDAJ-Z]<)1>O8D_!!L(N$CZ+0.
MLYE&",L`)0:2>CH#23KL\&894GI>%$P`\D]A\F.8_!PEW,M/DN)DX>R#O#-0
MRO`6S`F0D!+T^?OENT\,+O6;W9_N1\ZZ<F(@"[0'^;W\.-,(]I$`$'3+.T:0
M&`#J:[VD2#>"5SP,?X&C:?5RBB7WPRN5W!.#Z<YAWQ/UDK^2,XCX4OC9"?M3
M;QQ?"S^9&`<>B0A!"-XQ\,2(4+]>1&AWTGN_;^C]4BCWHXW`2.P&.ND=`TF,
MXO3K17$L6H79B2$2>(&NZ3"&60*-,@Z)89N^@0-K-$.TLMK*4_L8)QP)'4&G
MOV?"B8&GOO[`DT[,CSK--0XS$O&"_GW/,!/C7GV3!\K^"30$&HF/01]W;@M3
M&;W$D%C?AG-A6K(&VIO%KV#T`J*F0V7Z$"5&Q_JM1,>.QRHIL8AQ-)%(&72@
MI6@FY^.P;;YBJ5R&)S$VUC=PR*IASX^0>[5DX[YHW#BQ2.P+^O0]$3L@1KL&
M)H]2'8CN%S7-[/#`.D#B8]"1[PI38D1L<$B*14*`X)_`[@*+Q+>@2]\5L,2(
MUL#4&:<?%E$DX@6=:(=VU5+JGWUJUX`8)!OH/.IDB>G>I2PV0,)R$(9__E:*
MOQ5B(&]0+Y#7Z51C[_Q'@T3Z(!5V_&@*IZS^?2L\MGH5C_MY^%>^?*S:NSX@
MQO(&!A)5[NLJDE=57GKWHBZ]\U=LF=47[X51L+5C-H-$XJ!WS-QT.Q>_U:CZ
M-.*`&$<;:#T_!KN!7X$<E[#F/.(`"69!0]O+!#$Z-=!_8&L?&+8!@82.H)7M
M>"+%<X.W$X)]V_@&Q'#10.=-:X?UM$ZZXSU-&.<.B0M!3W6:.V(<:-`H#G3$
M34U-X*NZ78L]Q#OL@C<M&4</"?!`9]F!7DNKKCTH#XD!HJ'.R[KLL)Q%&>AM
M&>*'2(0*DO3/WUG!8L0(U[#9F:_C'3LT]&.SXGS"$(EK04?^$_."Q8AQL:$=
M)[U^:.B12!ETJQW!W+T9&POO7WL7_"'*]^#]E9?>^#@D1KZ&!I+\44VQ,\O1
M]!G&T48"6]#7[QMM8J!JV.C$V;.ZXO,N<H*H:GPN%&N5]3/^Z'HJ3_:9([[4
M@AL'%`DB08^];T")0:9AHR!33-Y'KS*6FA5J%4[Q>3:1B42<H*NZ0>:]N@V%
M?X_.Q!?\O8Q#8HQJJ#-&=92.'S4M^U?5-I.-,]6Z\?#'$(F'0:>^)V*)$;2A
M]@C:4;&MA>5MLD/QWF?7]_>7>.GY8K'=;.."%>?2?[JR89_)$(GJ0<^WC/47
M\;V=\"DVE+R?Q`O?,I9]?V+,;J@S9H?U8W>83$JD3"1EC$.!A-R@H2V&@AA0
M&VH/J.TGPQ?31"<2HXYQ&)`@&#2PO3",B"&I42MGECH$Q`B)UD`CMPQ$O%FF
M#`%BM&2D\XJD^)MC6W^,.QJ)5T!36N5H8KQ@I/T<#>9MQPYO(T(]M&<W%CCS
MI7A;;D5)_W#6Q2IE]!!U^I&%.OT>2V3W8:3%5`ZLPEJHL')_N\Z1EP"FFU=O
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M%N$%C'='7.8DU"YC:L7W8/'V&'`'QZ1WPOXT2^[@Z'TPCC,2%8$^?K<XCXE!
ME;&):X^.A;,5^ZK'2!0&>N7]`D@,Z8P;A71>>/#@5X^H29%.C:F#D1A3QQ_B
M,74V,(XT$F^"?GZ_2!.#5^-&P:MG/W1E'I(JIM,R/]C(B@3"H&_,8XBMEG?7
MQXC%*_`C1K_&+>=G.[3[-99=J6:0MLT*C1<68/B2RX*UUAB)<D'WOC^"B<&M
M<:/@ED;-JPG&5?J6%;?&CY%X%/34^X.1&,(:-PIA'7&"2@6R"[=RCY%P&'28
M>28/G5=58$F,?HU;CGX1+-"&OFK#PQX)>D$OOTN6B3&NL8D8UQ&`+EWZV_&\
M1Z)8T%/ODD=B`&O<*(!E@2;5M:<^$H*"/C-/9O,=&*F.$KM%M"+\&?(+'O]W
M_A"*1<&B;+/5F!B:&NN\AJA%\]194?W"OJ;%C9]('2,A*.C+[N!<L;S8HYQ.
MB-&H2<M9YXYHD8/5K/CSF/C`1NJ6/1L*)D@`#(+P0^!/C(5-3"2#T_`;L")Z
M,$&"6-!!/P26Q'C61/MAK':PK)I/&*<5B75!O_T0M!+#7Y-&X2_->JU&8BW;
M,SM!0EW0E>8!/G2)O>^FH`DQYC71>:!+AQWV'6$@?X!QHI%X&?3R.R::&#B;
M-`J<&59U`=8';.LR#BP23(-.;!G8V"UEB!&#8!.=0;#XF^^NZ^/7C#L:B31!
M4UKE:&*$:*(]0H1Y6^[2+!D%C".`!'>@D5M&X,KW'N]YL"E<0UMY-]2$&*>9
MZ#QH5-J9749D,2;+L4)!:^Z*FB"1%FAUVS$AQD4FVH_L[&5%*6(L?898R`D2
MPH!F;YL3UWEPUVK&5D+&E!AOF.J,-Q2^_ILA(W_#M-^GB'8/C6J?WXE"^[29
MT'[(B%#F_+5%SD<4<FA9(PE**I\'4Z*>/6VD9S?\U7?F&LDIHCA#RUKH?:(^
M/&VD#Q^>6JX+""":+32ON=&_F@.BX#K5*;B"3I3.`.R!`9$[H8UMA8&H54ZU
M:Y5=)`+1$Z&AVWY"/#X&<=[>NLO'*5%DG.H4&2NZ\^;1D16T<@$Y121):/C6
M)<G,4&5L$'7):2-=LK$`G7W]MRIT]H9QOR,Z)#2J?7XG*H_31LKC87ITB?-=
MBYR/J(O0LO8YGZ@G3AOIB8?N,*D#`/O)]1;K[5),&HJO.A%;.6[`7ISUEJL$
M$[U!DJ^G9SQR,46D1N@1\V'U^8OCKN4--2L_D)E#"^%CF'#QQ@_41I\H"MR'
M;:0NMO%O')F-=,^F_QE1PIRUO&7ZV&;9'V_W/>:D'WHJ&CZ5'\O"['-M.@HP
M0_14Z&'S<,L=$=EAC'(GE3%+E%]G.J]Q.+RW-;;PJPWY^=9[EK3&BLW)2ZGB
M!HW3B`B\T'>=IY$H!\],;&]NB&0</_05F(L=,)-S?6JT-/YLGR&:,G1/YX$C
M*M"S9@KT<8YYO%/@$`4;NJ?SP!&E[EDCJ?N(6^(;0B<?K(ODGH=X2V4%@<;1
M0_1RZ*CVT+L)_.5V$85S;WG'@Q=WP<,+?R.FTF50$27SF::K'4K[43CAK@JH
M(Y-I$?8U+F1^!8"(YM#4+6*A?F'RM^EXKY4Z^8RHD\\TZ>1(#S(4U%LL><\:
M,7R&B.'0NFTS4.U\HA`^TR2$%[_Z&Z];XVU$`H?FM,O;1/E[IE/^QEP>3T?O
MGL1;3_YZ*<K_*_OXQ]:-7N5*_//9Y5RNT/]L#Q.(,@Z-WBH3D;MPG]6]I3?^
M6OS-PWEXPX6'O<AYY->K7P,Q6;OTPFW@B.Y=>I]\Z/VL>T0%?:8I4\FAW4PQ
M^]^E6)Z]*2::3+UMG"9$,H<N,$W3QM]Z424WO0\?:&IWW$![Y!2[E#)B'1Y%
MHV1\8*9N$Y!7%8D2YHFO"Q13=77D.0L15%X5+;X\36&.&]##2<V>Y9.5N(*Z
M[C"NHA8N<6J7K)8E-\X7#5=DR:!H3&>)I@_'#=1@Z?"+QQM#]<GUQ`CDBBG1
MX]81@U'$.8O#92K,*_]D3LX6CVN'[-EQ39]2+9JS2)A!E;A@_EO^+#AX<D(Q
M4Q"KRHWOW47^XO=2M&A*<-R`YF&JI$OH^)27E=/JN#13Q<U3`Y5>S/Z=H(8F
MY\8-M#4@[<,G>3-4UYG(-'[;X)6%=B`#%5K,^$:0N0G\!>?+\)/XRG=/?A"]
M.3Y8R@Y-M8T;T#SB[.L;.O2DE9BLQ50U<*S6/%%0W,5<TBVB:+)OW$!;HU%=
MM.1MT.&)F.^\+OUO7CPKVCA1FD/\IW1,D]N+5BR4+9U&DK;"-CIU2Y-YY*"6
MC/FL?>1N^5IZZ=Z_=[[_W8V>GN)\*_(J;BG3G0GK+J4P+V:>*E]5*7\TY3EN
M0.>(UK2CF6;I?&<"LN"1LR!N@D6^^#.,`G<A_Q7*ZLSYY@1+"X8VJ&)COC$R
MM%T_\T`),_-%Y+Y4'`P6WYBF;,<-:'X^(MU!'XE9.987-,\)5+8QJUO/"4W!
MCAMHZZE7`4S.B'S$\<WSVG_E^8!CV<H?ZMB8)VQGIT<5L7OU1.Q==N[W1=&^
M%,H=3)%=P/0P81N:W_A\^X('[HL3J7U/XO&^E67B66D]H*AJ=T^_VGU`=VNL
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MUBM<Y6J>*$SSAB[I%E%4`;Q73P`_XFA4`ZWBP(0D`[`G)TK1?D6H+!#(,WM?
M>A&78:A+[ZXP@9Q[R_EJY:Y=X:QRNJBR>4_;SN_FG7Q+EX3+\[U3X>5(?/Q:
M"E!NTHS<[.N(_Y]65M-M66'AA$_)4Y);()AB"CMT6C?AZU-U]_XANCMI:/LQ
M*>QCLCWTGD$*Q8K[F0?1ZXUP:23<(<\2/<LBI>Q1)?J^9HE^?]>JYFEI):9J
MJ0WJ63WS.&'*.W1(IW"BJNS]ME3V^ER=.\^N/*6G0HA+-]H&%DSQ^YAN#JUO
MD)V_\O7RWO\<;TY[W3_![U,5\[YFQ7QOS[`GWI,H>QKYI\DFO5>KIO1]3"2'
M?N@21%1YO-^6//X.:<(T<N@0@S35RZ,IOC15).^W)9*79=3$YD*VY=@MFJE(
MC$U2>6UBJ%IYOW6MO!2=HB;E6Y::MVBH(C,6J.77JPOWQ5V**6(Y)515O*]9
M%2_T(<4A>\&.G7-]3-J&=K73_50)N]^6A-T!#C`U&AK8Q*/CL^OY:BI7R.I2
MB@15=^YKUYVQ[F#3C+3<3C8;\YQ@PC&TNNV<#*@2\:`]B;@*F/,GT8[*,.()
MYV%*L-SNGQUC^_DO`5_RS;/*12P/M*5B\RM[%C[A02"/&UEQ*'>`:</0;2V"
M)K-*^MZ>)!(#JOX[T*7_[GS];,")7TVW\YOW.B;A0INV[O6YMU3S^QL_C`(>
MB>F^_+YGW.,K-PHOW'"Q]L-MP._Y]^AL77&F?T`5=`>:+B4\M*-O29(A@9O`
M%Z75@TN.15()-O_D&F`*+W1'BVC)[%&O\8">&EA8[WSMN)OPTE,);I=?>&EL
M8$`5>`>Z!-Z:'<O0*91G:04%4ER%I75D1GWS'&$B+_1%ASBB:KR#1FFCFV9Y
MI,#T4UKC9WMQPE1>Z)(.X405>P?-[EALEO:^*4Y7>;:LJ_E'\[1@"B^T>(=H
MH0J]@T;9I`_(64\@YDU^-?/T8%HO](!E]*A,K*7\4"7@@2X)N';7FD^#5#7S
M-&'2,?1'IVBB*LH#K0FO&R-UA2=XE#=CJ,(G[-$.E##U&3JCS4LR$C5,);&[
M<8+KX"Z2^MS?Y%6)-SQ.Z5.*$56%'NA2H6MU*[]`(Y4$57%Y61F[#EA<@ZDJ
M3-2)!6KS#&'*-/1$5Q@:4A7J8:,,V$V'H@-!4MJRS+>67#IJG)HA)C-#VYNB
MYLK]8^LN5;JP^`WNE2=-'U*UYZ$N[7E_GTI08>N\<!*BD*7-8X/IU-#^IK!1
MO\+K;11&8AGB>H^EQ%#5Z*$N-;JR.Z7CRL()@E<I.<<W&KMAN!5ORJ68G]<V
M#P^F1$-7&(6GE!BJZ#S4)3K#/I3-8_YFQY,'TY&A>>VD@"H9#[5*QG50>#L3
M87_JR;L$XV2;_\:<;?3D!^J::?5*>'K:^W#RX8/ZOW\K&5E.3SW?LX`L3%*&
M+C-%EIH:AI?*@J6`447DH;9;!\NZ4C:#B?%)B#'/!B8@0VM;S095,AXVDHQ)
M@T\-0$ZL00-3AZ&QK4:#J@8/&ZG!\=VS8N$;1%6`%(HUP.3,6:O;HWYRO;>;
MLY(QY6?FR$WEYL'!A&#H"JO!H0J_PT;";TS$1Z]R1V!6Z'U"@TF^T`UFH9EG
ML\!2<*A2[[`5J?=M=\J61G$YEA<TSPDFZT*KV\[)B"KGCMJ3<_?#DDQ<P"+)
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MPX+)H=`/!F')K@7_-;T5_-(+MX%4#L_E&6)G49Z994152D>Z+LX[I)<5@P[+
M+T_/&F!9"RQKPCQOF)(*W=15WJ@"ZZB1P-I\>7LX='>+)[[<KHL#6CS<F4<*
M$UVA)PPB=?9ZM@U=CX?A_"%49BT#:$Q57L>-E%?"@`7[5#4\G;VRM#C[FE8P
MOT(>8PHL]$$WT*&JL.-&*BQU[*G!3SR^_&*>$DQ\A>9NGY+\LI-Y=)[L)JW<
M"C>FRJ]C?5MHJWL$X,A+LGG$TK*6;)<<8R(L-'X7B*$JLN-&BNR!HTI];"RZ
M^F>,R;/0WEV`A*K6CANIM;2=3`>/,R?LC#^ZGB>'F8=XZXIYAC"E%[JC"PQ1
MA=]Q(^'W\$U-!'X^JA"A/?!@0C'T0YOPY%=&RJUBTDK7JPO^4#[II2K&8VV*
M<5E7BA&#_))>>6^TFY232N%2E#0/"*8D0Y.;`:1PU>BEEV=.O_/7R]^\)0_F
MCP'G25;"6YXF%2P%B2H]CW6E9B!W.1^2BI>4[]Q??ND5;K!CLCVF&F1YBS++
M9]ZF>30QW1HZ\5V@216QQUKS/!R/SY1(>6-YF.,82ARW"D<GQS'RQ5S>'APQ
M61LZS@R.\OI!F7K#7Z_Y0AY.OE[5O`5V3-6SQ]HV##?I'CX"JHL[5<::K":[
M7C%5EUETI_`8T[>A9[K&UH0J=4_T;C(^"##G=>E_\^*$6LD]+:ZE-P]/,.T;
M.L7T[%\E>+WRO<=['FRJE@(3JOX]T;8+N5:_\$$JK2!'IO@.%UF'R4KLPH8U
MP@03QZ$ONH,152*?Z-VA?!A+\?HRN\FE,)$R#Q"FE4,O&`(HC8>G>D[R$"@_
M.S.A"N83;5N8ZW2K9!3*=I)DNE96PSQ`F(X.W=`9@*AB^D1ONHIF%,5OG+`5
M3]*,!MS=/&Q%D_$RSIKK?2>8D@Y]8?HY5ASEY9PTOIXT7VM7[*Z<4!7VB;8T
M%0?V%'_,*>F`+]6,VSQ6F,8./6$&JRO^*"T:1?&W+=W6-J&J[),65/:WG<'A
M6,M2`I&LF'E",)$=6MQR0JCR^:39SNW#'UIEF,2'-[+G$?,]MA;CS&.<S2\'
MQCPOF/(-[6^&ET_B,7^;F+"4%:J>/=&V*1OO2(K()^OG,)@*#<UM!HTO?L3#
M&^>U4A.DZLV3%O3F8D?>/F3>OF\>"4P\AF:V%XDI52:>MB435W$!`_PO3N"J
MW8O9Y7>BN_(&14\V8YR;*:8.0U^8X>9SIJR+!>9S$C94:X3U.KQ>S5\<=RUM
M^\D/I':__^;X*54[GK:@'1_<ZQK1"2>M?+KR@]/045S:<^_S%!.9H=,,2SSY
MK/+ZF0=BXN@]SA>1^U*-'E5OGFK;DMVTB]C#L%Y-\X!A(C1T32<!HPK24[T[
MN`^E[&,0^$$\EOD;\605R[10#%JI4"TFY?X+#^3X9LW\?(HIU=`_IC7&SWSI
M;C=2>U-3FE*PJ$+U5%N.CAJ]VA]NC2O$H=8O=DS*,(T:NJ$K_%#UZ&FS5!_'
MB+3N@TA-\S>JT&DDP;%D-H^IT-#^IAYO\0)(3&4OQ!B_Y-YRKX8TI2K2TS;V
M?5=T+"7G,H_)N]["WW"+GE:8,`T-;W3?6;(F>KU>_96OE_=^^N\:2SZJ8CUM
M8<-W[5YFI_1%A5!>%%"ZTGL2+9Q&_FGRZJM=ZSQ,VX:>,H?<0>("5>^>MJ!W
M[^M<Q19:,57*ZJG3!.K5O*IYJC!9''JE8U11I?*IWE0CS=%28U<7Q"A,4H?N
M,(F3>$4LG*/7&^$F.?WX^,?6?9;?OHRF&55EGVG+.U*[;RE'%V[X[`MJ5`JN
M>-<(<\*06X#.#%/5H>T-H:-N1Q16+1US9E29?-:"3)YWH^29%5\/*@N8YP'3
MM:&5K>6!JEW/VMHK#:&X%<^3P)6;%9.LW\XW)Q",V+0U:(:ITM#HK>*QW"ZB
MZ^".!R_N@L^_N^5P4'7GF;Z-T*`3A:%"OJ=N#H[?95_E^^935<TP[1C:N%46
M\.?P;R%?;==7[JHTIC^C*L<S?<KQOCX52%%%U9,D4N<(L](L+LYD>?/@8*(Q
M](`%X,17QM_S[]&9^/C?2^FAZL8S??N8:W4,(.04X3$/#"860Z-;`$S%9O<9
M52">Z1.(2SM3:VRQ(<7T#).&H<DM1X2J`,\T[UFNSXD<0'A:X(0Y$5OX8<1^
M6LM\F\YBL=ULU_+">[;DSP%?N/&F9IF0>CJ-<U%/I^9S4<\P]1=ZR0*J]N7B
MG%$EWYD^R;>Z1[6&((LRN,XP;1>:WP)F]L]KJ(KN3-_FYSU=JD.->50PW18:
MW094Q"=?^!O']4I8Z7T@ZK6J@799R?I4:XB1Q=G7N(+Q4:9@K1P=Q`<6H'/V
M*BU7H<OT/A!%7-5`J^CD?:J%SMEK0H\5PDW!7$5VS&J\N)VO7(]?1GQ3C@Y1
M[U4-M(I.UJ5Z\QI9G*GR%G"#B+^(!]KCYE;XH'ID(2J^J@$=>&3?/!/_Y0O6
M#!"(LHO8TB9'$_5;U8"VE;/EWD;D6,2@+7H[2TE68]I)E%Y5`UI^X4@G\DA?
M=E.`9;-*1&A%3&PI"D2!536@;PSH)`^(JHK8N54>UDX8NBMWH13#ZVUTO9KG
M<J+*.W;N;YX#_L2]T'WAEVH/<^4EO[T/1-U5-:!I$"%T=S>1A#IUE+3&E_&Y
M@/GU^:4UMP,7K%BDS:#:>JCY]XQ31"E6-6`3;6`PVVF%B6;4CMR"Z!_GC=QI
MBL5M633V(3HNXCO[::R<-Q,57M6`32SNS+*))%HR/4=$8L1O]G-XKR8_>V(.
MHFM$(GN:=.3C=+N,S60KZ-Q?N.SK?3P5%'68JF0>PAXF-T-7O1L(J8IT3^?-
MA>V0**:&YK'#E&KH''/825/5L/SY-@CDKBMU>],7+MQU[WPOA8^J:?<T:=K'
M['P9?90VS>.*">30G>\,5ZK&WM.9S4,'L]7K:?,48NH]]-([HY`:`.C5"P#,
M8@H]_BB_>A6'7^(B/S2)6&0!>JI5$L77=M?Q=L/KU6^>3,KSZ+G_Q9?"K&?<
MXRLW"C]^7ZRW\F+$Q+["^)'CRFLV[_V/WYV-ZZGBMSS:!EYXZZ_7G_Q`'M8I
MI9,:I>CIBU)H-4CA,:_U<\RCCD5.H-O-H9[EK;H)?&'J*S^,CZ'Q1W6R[-X_
M%U-_?^TNY6"T?X%$C;7T-&UF/TZW<6S5C3=I>RQND,D6DV.<29OR7L)BJV(]
M;]-*'@OI0'>^&U"IH9V>SBWUQZ7U;KO9.,&K.F4N)A*.]_JO\O2HJBNF".%V
M;?X$:<&>1?Z,!GG<M[>&J-LBD]?.E25='IZ])D<Q$V]4R>H]:HBGIRW$<WAG
M\T'1A9?OQ'>VIB]G[<BMC^D)UJ0I6W3U'A;?@8XS`N)MG"I2ZG7AM?>;]^RX
M2SD8E"9?Z?6H@9R>MD!.C5YA:`6%TO+N@ZTJS]:J@GEZL*@,=((%]-SL9:=/
M#;GTM85<]O:I#CDV<=/'`BG0`::X2;8AA>=.R,^<L/P)UZ=&2/J:]NSOZ0_&
M2Z$<DP69*FD>%2SX`>UN/RK4>$:_64X6/W+6E5-P68#"2V%\R887>635KB=4
M'PM&0%^8QB<?R@M#?"E*U%A#7]=^_OI]VS<"R4HLKL4*U<SSA(45H$.ZQ1,U
M:M#7>FR`!A4V3-DR-F&!`>@,TRQ=>@L9?5F>;:,O?G3+G_T@XLOSM>.6GTCK
M4Z7^OC:IOVD7]XU4:5TF*LM\]"RMSN+ZYC'#1'GHH$YB1A7@^WH/.QR#M3<#
MF&73*TQ'AUXQ+@"4`D05QOO:SCR@_2@9C.R9'F&Z-C2R&5V[\D*[7I^J5O=;
M4*MW;[$K4O"<:M#/=MQP6#!'$04[E.5&JG_U.98^57+NZY><#^CNT<(<MAQD
MZ6-2-72>$1S/_5#=&'B;W8U5GAZM-Z#JU`/].C7:(0PI55!E>\B+VI!)KV"D
M`B[0]!W`A2I1#^I)U)0M@8VY,8\'IDI#4[>)A]H_>>,$T>N]L%'H+-0QA@LW
M7(BUPC;8?]QC0%6H!]IVW-?N6\Y*?+!-U6'%2N;1P11I:'OSZ.Q)IM@;4&7H
M@389NKI#^R&Q*)-BP4I%7HPJSNDEQ]>K*]][E+?N7?"'<DZH\O)`4U;QLH[D
M?*3ORSV/LD1\Z:0L8QX+3#R&IK88"ZI$/*@G$5,F)M5\W*1TK,1Z*."1&ZBN
MR9V'2RL0P81?:'8SB-2[C+0WH"J\`VU;K$O[@H\?UEU;6S!-D0^CXFUS/J@"
M[J">@'N<4:3TFEK76[C/SCJ_(%*,(=9=5UNP51$8H^IN;EMET3T:[X"J\0ZT
M:;QX1_"A1)5@-Y8(O0-,Z(66MI@*JH0[J"?A'F<,P?#`!Y`7)W!5V-!-+CQF
MH@5YM:PEHPFFR$)?F.%&SO/FWO(\OJ?PBCLAOWY8NX]Q<H@RDH94;7:H39NM
MVS4PXE@SG1UBDBRTN!E>U,'E.LN>(56/'6K;,ES1&_PY%*>-LFQA/,2D66AU
MVS&ABK'#>F+L<9Y)I;S@#Z;\UF#F/`;<CEL="Q8K@F-4F,TM7-0T*[FABK)#
M;:)L>6?@Z`++F,<#TV&AN2W'@ZK%#O4G"-G/R8[PYJQ6ZN@P9VO?@KN#"Q8J
M<F)6F!7^?!+3O'DZV)[+O!(\>):&_>+L2]4ZI"JU0VV;>6OV+`6G^"Z3;]NS
M/V6(B;70\FUB$[I+N6!TUI_]('IT'OF9L_B=+^_X8ANXD<O#ZGS20ZIT.]0F
MW=;L6>%.ZK0"2VNPN`K+Z]B30GJ(";O0'5UBB2KS#O4FL#@"4*<V`X4)O]`G
M1H`22XP-_^1ZCEAH>(_Y1OL]0%&5X*$V);AFSS"65`V652F<4[&()4PNAN[H
M$DM4_7C8:`OPX8-3<Z"NY)3:3HPP]1AZHE6,HL!=B/7*7>0O?J]&9D05BD?:
MA&*D%P4RDC>9>M<>&D:8-@R-W"8-,F4?7WYT`IFX;\_T9D05A4?:1&&L&SD/
M\;LL?=LB(#`5&)K96B"H\N^H6;:(IH^4KE*!2;S0UN:H**3"O>`K=^&6*GDC
MJM`[TB;T[NM2.2C%.TF2PN:9P71?:/U.,$-5?T=Z$STT!H<G1<U#@HF^T-QM
M0O+"O:TZ._SHN3*R?^.OW<7KWE,@(ZK8.](F]N[I44K')\Y5(J);[FX>MH(P
M%6A,JK-"??/48)HO=$#KU*AP;K).=-9W/'AQ%^5;,$=4G7>D3>>MZ$T^EL1<
MQ'L9LF(L+6<>$DS,A3:W'1*J@#O2*^#6)\4"(C`U%AJX=2+*G4\56T?:Q-;X
MB]OG8DPDA6:TR,54#72D5P/=]?.]3'[(`FN\C6F9T*+V>'M,E2_'C>3+QLDL
MK?;V&-,JH47;]_:^`[]CJDHYUJ92[G;@[7!NTW'>,29,0LM:Z'VJ)#G6*TE6
M(_"+><=CVB,T:GN.O]L&S^MM6'F\;DQ5&<>:5,;BE\]O_E"OQ<=;F+^-PLCQ
MY#U*YGV/:8C0MBWZ_LD)^(,3\J7,WL2]4!W^F`>!L+KZSF>O>9%DN^5<7C%U
M_:Q.B7S\SH.%&\J0\*47!:X7NHN_.>LM[Y621-4>QYJR`.@S178_W>-CH':Y
MLJP`4R5.DC!JTA(K-&4>64S1A$[L`+(?OS^[@2H<7Q]82BA5^1QK4CZ/UO,4
M2'E2(SY7[`H0O$A>]^[("B'C617VK.J<L%?N!!;,FC&M%+JL`SS"<>/OW'U\
MBOAR+M-X/O);OHFO^SOW/369V3IK>;"F?&RE*K!C30JL`1NEC*=C*L^;$+3;
M`C.FZ4(O_I@P4Y7BL4ZEV"#1:7F65&!9#5:HPJ[<E2+]/R3I5L\P,!D;>K\[
M/X+K?,51T[?]TA\!53$?:U+,#=CHF/Q?V[0HQ#1^Z/@6^1=S04?,^6X"_N+Z
MVW#]FF:GK]ZL-J9J_V--*9#W=2@_I9R^SX+T\@9K]JR-L>``-'G[F'SR`[YP
MPJ@:C@DU5##1M-,9[T:F)27OLO1M>X"88/$#:&9K@:!&$2:-H@A-YW>UJ#BQ
M$0LLL`"-W3X6OWGA,U^X*Y<OJ\\93Z@1AHFF!,2E/0&C1:&$/4>+)UCD`1K;
M9C*H88A)HS#$@6/&7CQ.+.4#BTY`D[?)QQ-?;M?\>C5_<=RU7*V*\?;.6?/\
M<.Q]54:W"378,-$5;*C;LQR=N(),MY1541=PR$H[AX55/0MHP@('T"%=HHD:
M&)@T"@PT'GT.1<HO('6Z\H/3T%:D,.T?>L4$4I=9*JL]#%$E^HDNB;ZT*]@0
M5"AC#QV8F`[M;34=5,U[HE7SKH^(;RDBF-0,C6X"$:66GKT55)5JF8B6\T7D
MOKC1J[+EWO,[$ZIR/-&E').[G-%FK:0[P21=Z!$3G-UR9^W^%U_^*I8<\N+D
MFC11I=V)SFW==7N7@O-K(-YB:5DF"X?JJ%ART?@GX4TUKPYWIMNG8CYU^F:Z
M;1XU3!:&[NH.:E.J4#S5)A0WHZPX7]IA36&6/!.9K,94/?./QRFF*$-_F'T\
M%H.)Q6>%W$D7!R'#<+N)7ZM)'%6)GFK:SW[<[J=<?ME*H5I2>><^>N[*73A>
ME#U&?PW$OV1P50R'A:;8;^*SE=X@/TC&6N,*<7GSP^`44[VA8TV@*R<WOA=G
M,KWT%OZ&WSO?/WZ7$QY^QCV^<J.:G%)U\:DV7?S@OF*#9=Y(O-24S3#1#DL:
M8DE++!Y!OUHUA&(:.W1<MSFDJO!3O2H\&<8$N4@@QQ/D?GJ(*_S,Q)CGQN__
MM!;/\9_5Q#&4X_.3OU[RX%\9_V,KUBSF4<3D?.@[$RBJ`];W3XYWSX6+`B=X
MO=P\.VZ@,O<&?.E&\4P\2=(@)DZ77IH.I%)`F5(%_ZEVP9_<=VS(C+,6R%99
MUBS+VV5QP^GZ)F]:C*Z%]$R6J#13+'(`/?N^P*7&%J;MQ!:.3Z^?TAN5T7M2
MCJ]K([Y8E`+ZUP2^GYTHT2UV;[*L^=RGQBZFVF,7]3H(#V1MXGJOZ25'S,]O
M0C(/%!;8@,XP`=3'U8I+C99G\ZM;84[Y`_46ZC8&8<":<%%#']-&H8]#X&K>
M6>Q1G;527-G(AMAN2U:N;K#X"?1<QTFD1DZFC2(G!S^*#\>QL+X))'C!+GC2
MZ2R,Q)`HO/;*(I_QC-FTCGD4L1`+=)V9:*\T[QE?^4'NFPOQGS!R%W-O*?>,
MNH]U::1&7J;:-M63^HOO*E!<QBT5A\>T,:5*)LU9.3YBP1CHP<Y#.:/&:&;-
M\OX<OD^!0.;ECLJC!D7_F<>'HD/V$$/Z'/@O;BA'S5PADK=1N=D0:T&,<(;%
M=:`/36!YP5<\$*L[X9>Y6-Q%H?#*E>L\B(=1MF%M/X[4`,Y,>P"G43^QL3%M
M0(V'<1-J-"PT8N.(.,/B,M!?W46/&I.9Z<R&1.0O8T[.^IR8.:EVK_.*Y@'#
M`B[0*R8`^\T+,J5*V#T).82W_GHM'CPR@%N3,6J\9:8K^=+!77T[PC5OP3QX
M6'@%NJK3X%&C*3.=>>+I])T_R=/J4D3>%EI0HUTRF3-/&18+@7XQMB4'I`!X
M<W&0>,R\>>4W3[BFV5[6&34X,M.5D4FC,;#+EN2'V+73=88%.Z"_3(V"\:X[
M&3>Z]MYN6M^/'37>,=,>[ZC=QYKGR.2*XJ]\+589/ON<QD0*)X%D@@W7V_K;
MD.4?'>]GO/%#=9N"C1L;9U@$!;JWFY12`R>S=LZ,-$8UWJ7]!C,5_HTO!A*(
M(ENS4X)/[_W3C.#"9YEG$8NA0"<:/J9TY7K\,N*;THRP,VJ49*;]?`G6G;V'
MV61)IHI:,&QA,0YH>.M1H88P9NT<'JG%R]N3;5;Q@H4?H/7M.G*]#Q]A!1H^
MJ@&](TV-WAUPD-\BM`HVS-%"/-,UM(B!`]5`"R/3(7SM/]5O%5](G`!QCPF^
MSK:A,%0HENE_;-UXC1.>O1;^5;6QL_^!&"!0#>@=O>IU$!O`TIJL6)6=O1;_
M;<N^S((ABXA9$2D@(D:,#Z@&6AC%#N3,+^'LA#U8"AH2&4"<9.19F=^EJC9=
M2[$RX$_<"[-]9+5/ZO8_$,,#J@'-$[-#^KL;'@CE&8G=(VES?^%:*',5[%D$
MSXI@P7'!(\8#5`-M3-N.1-_]$W]+X/7YI7G<$.T?\8V9O1T/T:471L$V%ACW
M$D64^E4#>H>RLB[!RSSD`0;S<""2.V)F0QM_Y*WA29CX1G@@O'##Q=H/MT%U
M"KC^!Z+8KAK0S<G>WF%3K*0:2\]6JXJL4-.>Z14BH"..,4'6)\<-U(U.UZL[
M_NS(C?+B&>!OQ>_U[/6S\P\_.!<O/?K!:U%M3%^KS'W:_T`4W%4#>M$[1O>Q
M9:9L-[XI2V6M2)IF:=MRP:E:9VE3NZI^_K(MJ58+OB@R;(6RKY5A8B1`-=#"
MQ$T+R/X.R#X&\@,`>2?<<&(CR4C,`?&S89)79XYP_H+?/7$>W;KA[_NGA#UJ
MV*&G/>Q0KX-[1]052RHS59NIZE9M(R_8LD`9]%`'*:-&('KM1"":H5;`ZZ\N
M#X2GGUZ3TPDWHCMJ%9LN:AWO]5_#LA,-7_Q('8L-EC(E5;3#K?>FB7/?"_VU
MNU2;0W:(-H\O%MV`KN_.X[YRD=2CACQZVD,>A%[KF*#:LK3J82$2Z,[WPBDU
M;M)K)VYR3%CIDU![8,7"+-"G)F"56MR5^\*7\6--[D=,(O?50%(#*CWM`94]
M/<,&1UF%J3KI4U[M,,ZVO%C#$Q8]@2[I$D_4.$FOG3A)3:@P;/YO\]A@41!H
M>?N6)I7D4.,A/>WQD/V=.WCA:\EXA$50H&,Z!A8U@-)KY[3"`73M3*U.)%ZG
M#S;CA851H'NZ,]>_VK?;LT>-H/0LC:!<56TR)J]-KRS:)MK#XB;0K^\)6FK(
MI&=SR*2<W&,L5*TB%XN30.<:29WW/7*]QZT;/LFO&N\TJ7R(]ZFAD;[VT$AI
MG]"4C#N%XVP[#_8('7TL^`%]8`*=7[>.NB^"7^?Y4JO1H<8[^MI3-97V"1NC
MDL)B$"J4MH<<+.X`7="=Q^7\NUOZI.Q3PPY]2\,.LM-:9G:R80L@Q8(.T)GO
M!%)JS*%O<\P!)?48,SE+2,4B#M"C)DB]"61NRNA5;MN,YM[RXQ];]WEO!*Q/
M#3CTM0<<JCN&#8MI#;6%-5);"K)*]CR9L6`#=(<]-Y'.@T">1U![S\]>\?O(
MJEFC!B/Z[21Q.KSGV,BGBI^JQ%"LV"@KMBK'OV+!I&6FFK8'62S0`;UJ!%G^
M*+_C+7_V`[F4N_16?K!1AA8>B]^LAI,:[^AKCW?4[B,V)B;OLZPV*U27$\6T
M@#6P8<$/Z*5NPD:-@?3;B8$<3IR_ASAU=-<ZY+"`"/25">3N`T=F^\N3-XA)
M37P34_Q&'#>OAHX:_.AK#WXTZ"4VQB6EBBDNY-PON1HM>3/9@6(-<U@\`[JJ
MJ\Q18Q?]=F(7%/!\%#S'>O"P<`3TEYGCF8'[XL07VV3'72^]N\B)>"SF?W(]
MQUNXSCK-.9FI%7OWVP^HH8N!]M#%4?J/7R&0-LP*+<L#YEG;2E9,6\]3>A;T
M&ZN.A0RPR`AT\?NCF!I%&;1S:N2H*-_[D6!R5_3.3W\4X"XY2W+V6L!>O;N[
M^^M*8J$FI\D%1.=2G.3!LR/%I"\\BBQ(N%SP7!%Y*T(ZJ9S[Q8]X>.4[GGR.
M)@[V'F_Y@@L//>S9LSJ@1G$&VJ,XC?J)YOU+=6_5`E--Q%=;I8VPO!5KI@P#
M+$X#W=5=\JBAF4$[H1D:?GZ.WTG,WTD"H&,]@%CX!7K-'LT\SM<_WT9/?B`S
M6/_F+7F@\OY?/\OW58Z-L]>/WWFP<$-^$[@+?BM5X6I.J4&;@?:@C0YS-%'7
M3]*K$O(/8UOY:4Q]'(L_+\YQHK2H]#.9^E"F/M4>[K%8$:3`"/?;AY#_L15?
M\^-+K41+`VH4:*`_"E36)U18SPJSN+1E"R0L9@-]T`UTJ#&:0:,8S>&R^5Y^
MWC)C'A,LV@+M;0*3OSF!*X?A2[D4XV'TT8OB&^OVXD*-L@RTI^K:VS=LQ$DK
ML;062ZM9-O1@X13HE&XQ10VB#-JY&KPV6.4PF><'"XU`!YBY_$)FQ%MFVE5A
MZ^_?W>CI7+SG1A=<6-3UX_N"U5TVYVO'W:2*U&LI8]2@R:"%"[^/T'_\)A;5
M<$&"+NZJEFVSN'&VTSJ+KPI2[6>2WZMY@K$8"W3ONR-X2(VQ#-NZ'?R(&,<(
M+A2":VL0'&(!$NB?]X<@-4`R;!0@>>'!@U\-85*D'0Q_\Y9NJ$0^*8Q8-BP.
ML0@&=%@WF+P5-1>JP/4*<8MZZ<:/1,=%<S*3F>!`S*Y*N:5&/X;:HQ^MV>B8
M$X3\*\A6T.E"\FKV15C^3<S_9+#0"V3EQ_S)4,,VPW;"-JW_;JYX&/Z24/V<
M41U81#46SX'N_#&II@9YAHV"/"U/8(ADVSE&8U$:Z,9NT/R%1S4GVM1XSE![
M/.<(O3_F5$0T;M^4'`L30=>^-W:I`:5AO8#2+&;7XX\R-7'5&/LE+J(78@G@
M&YV"_91,"Z06_+-Y'+%P%/36>\.1&K`:-CL6)+=35DYD98$?'D4LB@4]U0T4
M]TR[A#<N$MFHE%%J`&S8PJWO^LS2MB0A?Q_I9YO_*6`!.0C$#_-3H,;IAFW=
M:J__]Y#^^X1Y%MRV,,3B;M!=W0!U[YZ$$37:-M)^HHG0ZV..N%9MCQEAD3GH
MR_<"*34>-VKGP-*12<T)S9+*Q0<];KFZ%=8Z(6"$Q>:@\[I!95+CW/>BP%E$
M6V>=)%8)K[=1&#G>4B4UB#<^E9)+C<B-+(S(-;+,,8?@M%[AD]-L-V(:G']V
MMA_-_"\""[U!*'ZD7P0UX#:R->!VT,\B7KG9PRL65(,N^Y%XI8;21C:'T@YB
MUAY:L:`9=%@W:*TZUOZ;QYW`X\N;@&_<[>:6OW!O6WK$;T2-JHTLC*HU-\\Q
M9Q[[4ERDWX`E7X$EW\'\3P2+S4%`?KB?"#5X-VKG-%B;OY.,X>>$X<`6AK&`
M'O1@-QC^LMT\\.!ZE3YRP\LPW/*ES!F5/W%+L:4&^4;:3Z5ILLA1]U"H#XP3
MP"0?R>+/C%.^Y9]J'GTL@`@I^!'0I\8.1^T<GM/,?\*NOV*N+&5^X]H(B^M!
M9W6#T%K+H5)"J2&]D85'[VI9Q(3&9QY\+$X(&?@!P!]38XAC6T_L-:)?99@S
MCN48BPQ"#_T(6%*CAN-F4</V=L1U$4LL-`@]]!ZR;^V+9H^I,<&Q]IB@+I.D
M3!9C=<6<6N:GLV,L8`<]]HZ&3^$FT=RSLR[EE1JQ&S>*V%DTK\U,8R2(G7VZ
M^1\%%A6$6/Q0/PIJ6'#<*"QHVYP7_#**X"9'H>W!%PL30@?^4/A20X3C1B%"
M&Z/:`&&+@,6"=M!E5B4_J\HY.Z9&V\;:[\>J[%?C1'IV9'X=8W$SZ(ON8$2-
M?HW;N?FJ&4M^-UC"`E'0(=;<E?&KXWI78AI2<ET$#]1M8J+?^Y?KU,#36/NA
MM2-9H,&M+[)Q=A5O72S=')-_A%V')\98R`JZ^3VR3`U1C=LY=79DH#^N5GP1
M5>!\[<GE>.BOW:4Z6)%]@#I=>?W,XWFE!?(4%G2"7FT1W>S6LCM_'2N"\\>`
MQ\:[]V_YLX#IR0E+'^H3:O!HHNL`6MV>9<-F?H&;("F],L#)ZK#(9T%6RSA*
M$RQ0!+UA`J6;-5\^\N4\//?7\J13X*P_<[GOH10B:JAGTBC4<PA$I7U"\$G*
MLGG(\M+L:US>_/-S@L5RH`NZ00XU&#-I%(QI^D2LC\_NS6;W3[R(3@K4V2O[
M?'8Y%\^^A44X82$7Z)?6<7J]_N:I;5B([;-[YDJYH@9-)KJ")@TZ]V9H>F6J
MDMHDB0]1.83FJ<)B%M`K':.*&G68:(TZ'("6(N9%#5O^BH7Y,_`Y`<P)V2*K
M;IXJ+)0`O=(F5:6WK%^Y'K\4RYC2+)$3:A!@HNN<4(U.Y6-3Q4WQ[*LLSU0%
M"QYTF*P/G=`1>*B:_D3K"9IW2A"FZ$-/M$[0A;]Q7*\4%:IN/]%U:J7X[=_B
M\#5^V0*G8]([M*EM3J?*YA.MYS6ZX7E,J(:&-??`F#^$*L)>"@%5;Y[H.A)1
MTI'R9\+7M(@%6&`B,#2U.2QD0K>U+_=@[(U(3*GR[U2;_+NW3^6PY(7MBGQ-
M,<T7NJ`;Y%`UWZG6I&#U\3G;AF**&88LJ6,^RC3%!%YH[]8Q20)Q8KA>1.Z+
MT@FJ)R%3JKH[U;75?D^'W@XM64&6E[1GGC+%%%QH^P[P0E5MIUJ34S6#YL1V
M:C"%%GJ@=6I^Y?YCX#P_N0MGO0<7JAP[;23'-AY>8$_>CBO%$A:1@:FLT-@V
MDT&55J>-I-7#!I*]>)S8R@<FI$*3M\G'6K3Y^"OW9)1B[BWGRXWKN7+!*/<:
M??PNS]"51G6F5"EUJFM[=*UNY="HTBPIKL*$NQ584L,\0)B."MW0&8"H`NM4
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MBG$))K^D37MH9YBN#_'ZYV\OMQ@U@##3&D"PQ7QOYDDG\`>ADD<QL<2+?WSF
M?PI8L`)ZVZ*?0ECFS#HNV\GA50H[-?PQTQ7^:,\V@.1O*<E.0O)S1G)H!\E8
M<`6ZTB*2#QZ5OOC>BYC8\F4\T2WEF!JLF>G:!]^693)-3<U=(CEW\9.YBV]1
MRMT9%O>!WON1T*6&CF:-0D?/:CR\BYP@JIIU%(H99+F0D<R)V`-_=#U/_D,L
M=U^Y$YBG&0M"08?^2#13XUBS1G&L&-./WG(_RZ*0-21S;VD/PUB,#+KQ/3#\
M-^69O0(C-<HVTY4MJ"7#I-#&KYH'%(O-02?]0(!2@WZS>D&_60RHQQ]E1IVJ
M$?9+7.2')Q6+)D)OF2:UA*O!!V+L3S70WL"W*P$_*&EW47C?-`X%<^0X($:V
M%@=BH$TUT+(0NL/$J8U,(+$PQ-*FF:@Q5*O_D0.O3,2K1N.R72J##\1PEFK`
MJAD5TOD4O2O?>SP5K&Z8*W#PU*9)1Q8/V4M<@<4+DA,U_S>^!Z9@W"*270P1
M7>W)>##X0(SMJ`:L`O$*I$(HC'RE`=&')"":E-L-B-J4+J%@\"*<-@=MZ-+!
MH:'+P0=B-$<U8!7>1S1:^@.QZ3N9_WDAD20$HW_^O)2QB$$FU<![4>IK_][V
MB?CV[QPH^*WX*WG?0:O#?R7$>)9JX#U$``[]A12"`UWX;2`A,(2!]_#;^.0'
M*^Y&6X'OX;\.8GQ,-="M*5H3LV4Y)>,Z7=A75O!(\1?P+@-HF5OVA"@&'X@Q
M--5`)S&'P8GL#?.D(I$TQ%4_%JG$8)IJH*/!M"X@BX34$)]9A.R^C:D?OS^[
MR5TDA)V[@QXU6-<S=5#OR`;*;HB1U<0TP0_80IXP77=A*V_!"P6^H6\[Q7?L
M'!K=U-AC3]=M(*V:)V<[?K$31&,13NA/BXAN=)*@E%AJC+-G6XRSYKG3=)?Y
MHQVG30MV+/+7Q7#F[H@A+Y$\:"BEQCQ[ML4\F]GE[1@:#YCF,<4"F]!7/PZF
MU-AEKU'LLFW9F,2LNECVK3)L_T0`BRU"-_\XA%/#ASVM"07;)1NHNMGPK(J=
ML+O(7_R>';\OM&Z>:RP:")W;`:X;[K8^..C1HX8$>[JR(]IBN=V-[!T(>O2P
ML!_T<P=^!'#\JCSA-NA1(W@]VR)X91:`:[VDY(E=XS$6?X->>H\H4J-LO491
M-O-SYC(NU8178,E+Y\OF*<5B;]"!':`T-OOU*LXR-G]QW+4T^"<_4,^U4EBI
M@;:>KE25F@RQLR-;N,-SHU`LUI)2;.4';+65VR)BZ<S\08`>%FN#;NL>HMOH
MR0_<_^*EXFV?&DSKVY;ULLP"*93W?N2LF?=F!)5_+?S-QO=8J-9?XC4>O$B1
MP5N^8=<-PZV,LQG'MH^%T*!'.X#M41.9#?K4&%K?5`SMN/8!DD,JF*WRBXLS
MU0R):+#E-I!;,\4*#V[*?/RS=4NS/A:`@S!TY_=0V$`X]Y;(]H#27P`U)M>W
M-":WUR)YAO4890XW1YCG%`O409?]")Q20W3]>B$Z`WO0WA6P6,@.^JX[P!8.
M'AP2T.A30W9]VXX;-K/+@;&,:WO2\14\4$2ZPS$Z*M+4&%W?^B-^AS&^_Q2?
M]?'H/A:W@P[_<5BG1N7Z5A_4.PKGW=IQT<>"<M#-I@F//2/F@9=I@I0;`4)X
MXZ_=Q6LIK=2P6[_5L%ME'S-E6,X+3L]`K@[S(&$A->@!TR`=-`I4A]3ZU)!:
MW[:#:V46J(CN6C5#Q>)FT$OO$45JP*S?*&!FQUQT7X37MSPE=,'H15Z[&$1K
MRNN`&D0;-`JBF9]/-F35IMT(`RQF!AUHFM*WT<O?O"4/U*PI]H::4^W,XV^E
M&Z_VY8$;4$-C@U9#8U0S[,L-=Y+>&)=_!-O*S]A1KICZF),WZA93'V57TK@!
M%@&#/C=-]T&#SJ47!:X7NHO*V.^`&OD:6!KY*K5$ROC\\3%0P0N6O1]?Q6:S
M##O`0F'0AZ:!K34.G;W"D6C^W2T?BZG!KT&KY]-(-@!GT7:&4%G"@L$3BW)!
M)W6"1>B%"W_CN*4IKP?4B-:@U8@6R09M3`KB3[*`:2S,!9UMFNDZ:034_]R+
M[S?WEM+V7YS-/JBI,:V!J;O1#C!"-@U0J8QE$8LHQ`)0T#NF*3QTM>%_XT&R
M[MBXI=O`!]2HTZ#5LV#',49*93PL^JO2G0*?7<_=;#?F4<4B2=!U'47UM^?G
M6JA20TZ#5D-.QS%&?52=[W:@BL6JH.O:1-4/HGL>;"Y5(ECU("M%C!IN&F@+
M-\%.I&A\]CW^RC9.\#N/6,@7V\"-7#%1?%[SY:,,CX=LX:_78@T>..MDSNAF
MS3!'+-#CQ[MY=K#@$O1)B^RXCYZ[<A>.F.@L%O[64Q>,R*"Q,/`]_QZ=B0__
MO90F:L1HH.N(5:UN92N2O#3+B[.T//LJ:S!5Q8))'1;O@8[H"D)#:A!GV"B(
MTS1)Q3$Y,H[.$`O"0`>TB([40\6ZZ<;W@W`^OW6DO3[SJJ#?D!I)&>J*I)3W
M)>/C_W`VS_]VP^9S]C5^Q_QP,L1"%]#(IIBX66_#6EA0XP]#7?&'RNX`,OZ_
M%I&!Q0B@G8V-%O6&"ZK8/]0E]E=T!HX7-@T8F%P/S6P*BUI04%7WH2[5O;0K
M``F+@,"T;FAB4T!\=KV:CQ"J;#W4)5M7]P>@<6H1&Y@"#0UM[!E2'PZJBCS4
MI2+OZ1!\EMB$!Z;Z0E,;PZ/V[),JW`YU";?5_8%PV#3_Q'16:.E6X8C4=[M^
MYH&RXGP1N2]*B[SCCRI86+'O9$B57H>ZI-=Z_<H/D23%65:>Y1584L.6W25#
M3'&%KN@.153)==A(<FVJEQV(TDDW6,*D5^@0`RS=+;CG!*Y?1<Z(JK2.=.6<
MPGH!1YOT75MH&&%J*C2RK310==11(QWUT'$$1<(V$#`)%=K7``CW,GE:*0%4
MR72D3S(M?'TX$'Q5KUO@=TP@A5:USN]427342!(]])=ON_,Q&12:UH#SK_8=
M1AI1Y<^1/OGS31<0_U]9=.YGA$F?T+PF%A<KM1'KR5\OQ<\KSAX_?PBCP%F4
M;C\;4070D3X!='^O("K^BIT_R5UE(7.]>'-Y4O-?65S7/$"8/@K]8`"@7[G_
M&#C/3^["65?.(ZG"Z$B?,(KW!()2+&'-I!*31J&Q;2:#*HJ.&HFBA\XSRO"P
M$@I,$H5V-O*\.7?"IT]K_UNX]S%#U4%'VG50V!G\Z2)*,57,/!F8S`DM;8",
M^$DK]XW[GMR#6SED4,7-D:[]I%6]@6S$I5A>S)H!!%,PH=4MQV1,53+'6O>,
MUF'%6D+&F*H)#6[D$7/I+?R-/((GS28F\]P+W1>>O+KGJ3.FZIUC??M&F_0/
M?Q`5R[.X`OOIR@_#G\T#A:FCT!M&@/KD>HZW<)WUC1^ZZBSH/HJHFNE8MV9:
MT2D4G:PT2XNS_W]:P8+1")-8H1,Z`@]5>!VW(KS6(.C<]T)_[2YERG9VYJQE
MPG1V]\2Y!4>LQI@P"TUO`)FS;>AZ/$P#X=53'*I&.]:MT6*]@2-,6BH-Y=LS
MS\&D6VAUVS&A2K9CK5?\UF'%7D(P;18:W``AYVLG#!,MO)(.JC8[UJW-ONU)
M]H"1K\OI29SZQ18B,$T6&KE=(K:B[=?"X43YG'87/,S>^\*C9`FQD65*8:'*
MM6-]>U@;=[+X(%+O,X]'S%4ES&.$J;C0_&UB)'YDM_Q9^/;)D:D:I/*]R1,[
M[`&'JN>.M>FY=;J5)?#)LTX%69VW]Q.>Q->WF4<(DWNA(XPAM+Q05]C%5RU5
M)HX<4R7?L3;)=T^/4G!NA!EY(.^.2J^PS.JD-_G%68%M80?3@*$;6F;G,@RW
MB)%ON5AYN@NQSHSG"#++5N%NKS*J)E2%>*)MK^O!?=VYQ$'=AOH6L&1T.I&W
MJ"8M)4PZLJT3>8UJVIIQ#">8T`S]9AS#.,L1G@&I%#^JV#S1)C8W[N,N=G%=
M%E=F<>TT;Z/Z#[/P=I$))D%#'W43-:HB/6FD2#=6``[GK9`F=%%XG_WD>DG&
M>_/!C0FF3T.7V$)6GILMR\M6>D?HA*I63[1E3FC:Q=TA++YM.7XDRGL_DT+F
M6<*$:^B%3K)$5;,G]=1LPGVS[Q4J3.:&[C`.5>D$^-?`#\NG^53Y>Z)MQ_(!
MO3S"!/]1MF,>.DPYA[ZR`[J&TRVJI#[1)JDW[6*-B;VJ;?&\'M/CH8<ZR1E5
MC9_HW3Q],&PEL_H3)=#[*Q8YW^5__C3Y-_:G(7.\)?M3WSQHF&(/762'W!K/
M64K!HJKUDW;4>J1+S077>)EH'A],K8>.,!WPN>7RV@*9LR$+A>1EJF-`$ZJ*
M/VE'Q:_?TRPM>5J4.>IUYKPX[EJ>04T231>"1<]QZ^9YPQ1^Z**6>=LYM7?I
M+=;;I4JF&Z@=9I&8SSYL(VG8>_^+Z*3O1:+#Z_C>+2XGO/OVUTVIHO]4I^A_
MM.[O;B'_Q3AM4TS(A[XP25LI,52=?JI3I]_IPLYL/7G'EE.L4TQ?A[:UD@"J
M?#[5+I^C&-S[D;..YS?9F68>GRD1L^?/9Y=S>0S@S^;1P`1R:'0KT:`*X--F
MV[6E1RO1D`7>$QJ8W@V-;B4:5#U[VFAW]J$W3Y<B\C&^(_HAV;F?,9%P8AX-
M3+6&1K<2#:HD/6TD2<=>OXN<(-H/ARI6`X^S[))[>PG!)&9H^ZXM<4JIHLK.
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M97"Z%`BJ@#W3M8.[K"<0"A93(8NPKW$A"]#`E&MH;9O1H`K8LT8"=M.P5]?Y
MP.1K:'*C?%3EC9A1->R9KFW5>#_V8&%'\H@9IEA#2]L+!56"GC62H.E#1G?(
MP'1B:.XVR=ALG.!5)B1\X6&DLO*<O=9XJE`5X)FN%")[.I1CHLJQZQ4KE&1G
MK[8]8#"A%UJ_`\10)=Q9(PFW\:#2#!M_!YL3]F`=-YA6"WU@EIOKZ(D']T^.
M5WCMTKOE:WE@[\8)Y,UPGQPWJ$PK,J/*M#-=&Y*I/4ZADR_$!W3,8X5)L]`#
M]F-U[@3!J]P67K79??B!*.&J!FQB:[?;64*D9+][Q+X]N8LG%C[YWSQYDXIH
M,=L8$LJDGZ8!+!@T!Q!QD_T`QD^7BFGX\`-1"%8-V`1?WN4]LS#5&).M[;Q\
MZ;&D09:TF,_7K)C?%RQ>I-.HK*R-3J(&K1IH=3Y'0_3MC"]F-'K+J`L8+4P.
M+8$4D;L1=]H/Z;E?&KP??B`JXJH!FP9/V=D\L&9^SUO!0$6,C$KCAUEV7T1V
M^($HH:L&K!OJ0+CV;O'$E]LU9Y?LE.%/YI/ZCV;S?"+2/.+*]\`G4<17#=@T
MUFE&DWV5'\#4)UCP.$:B!8A+.\!IQ57$PP_$F()JP"I&=RXMIDX2;;GLN&#F
M(HV612CJ^&?/[KSA!V($0S5@$Y#@[A\ZD]9L\RL8NXBE96&0.EZZY<]^H+;D
M7CB1<[7G`N_A!V+41#5@$Z4E_3_B:CO_!"8_PJIKQ`ON*')L-"SS_!Q_.6>=
MSK*N5[?<]<)M('7?FX!OW.TF_.0'E^EK,MV3X]6:FA*#,ZH!/?P>I=\YMWES
M+)NM"HH++;*T29F<FV6-LJQ5R^:E2*@'\>>[0;5'C?7TM%XU:B&OQA'M8<$@
MZ,>N(+IORMJC!H1ZV@)"Q^CVD<=2>R:O/2PJ!)W9'J;9<+"7.&J0IZ?IH`'H
M07:0+7N"6D4`%G*!QK61`&H<I:?S)M.N88"%3*"%6\3`C>1(?>DMW1=WN776
M51'?'C4,TM-T42G:BXP$^6:L%:=OVQ*([6$1"FAE@SC\W8V>U`);YL-_<I_O
M_8]>Y$:OE5L]ASUJ/**G*1[1L'^["/D["'T3-5FQ*HM\%E>V9A-HP8Y%P`R&
M%NX#1QY0O^.+;>!*N:84(6JXH*<I7`!ZD$$2O\'R=\R[']/RH65M=#]5G._I
MS(E>RD!1FEPX0>#RI=Q4N9+[=ZVX$;!@ER(2!G5T84LO7`GSSKWE'0]>W(6P
M;.%>>K&TBX*M,JG<0Q7B;^UY'E%%])XF$?V8G2^,0W&;ZMQ]UJJ<`6656:&V
MVIH6EK]MS\,,D\ZA:]\9NE3]O-<L!TWC@?#X_"H<??MQQ.1QZ*XV<>1.N`U>
M58(-=5IDOOACZP;R=HXP^LRC)[_LUJYAGZI]]S6=<ZC3J7SDB\LF=T6H!RYS
MDN)L(<JSC:I@G)T^IEM#'W2$':HJW6^D2C<>H@X!*+[E-&7'/"^8@`SMWA%>
MJ)IROYZF?/@-@>^#&4QRAK8WQ$Q\S4]JUE)4J.)S7],F_HJ^E#R-K,,#DZ*A
MO>W&@RI(]W7NRV_$R"X=-EU\7#!2D123*O4!I%`5Z7X]1?I(SYPNTX))SM#\
M1FDII80J.O>UB<Z@#P"*.#/GG177X!4,4:3`J/)<GP*J]MS7JSWO1T'-.$XL
MN1*Q8(XB"T8EY_HL4)7C?EMYQRNX@'=\1+MS4ZN>'YC*"]U@)RU4L;;?2*P]
M\%J$"E+>7!9D,R:8^@KM;PB3RNR]PP%5;!VT(;;NYNY],\VP)75OP10%#J"!
M[>2`*IP.6A-..P(#)I-"*QN"(5W.S5]XX#QR*27>\$`-P*6$4*72@:[MMS4[
MMG,7?+AS?7=\I;)ZGB`7*Y\P)VY-O."*1]%S6M8\9)BN"AUE4HLOQ8DJIP[:
MD%-W4M^]&6JL2()7,$,1`5NTTVH$J)+IH)YD>LS@2]GZUHE44/?T=#H[&7Z8
MG4RG$^9X2S8=G8S&_9/1<&S+$GB`2:C0%2T"(S[@>G61W,DA#\UP+U1;6:NW
MHPRH.NI`U\[>/1TJ[BZ1FTO2DJQ8](3-U^MD/Y0U^TP&F*`*_=`>.[_)!_=:
M)9$,0QZ=KYUPSR:F`557'6C25<N[DO*2EV"J"%-E+*(#$UJAO<W2476H9$!5
M6P>:TG"4=60?&78<+1E@HBNT=:M<N&%\'QU??G0"J4>&8KB5G\B7][Y*W[!P
MG\5`7&>#^(`JS`XT;>D]L)\I55<\#']A.XTPGK3"G+09>=;DN=@0"^TY=3#`
M%%SH+\/H7:\^^0%W'SUY7X2[=)V@BC:JL#O0E,6B?M<*PQ:&EI@2K>)*+"S4
M,@\3IO-"=[0)D[097Z;GS\N0&5)%WJ$FD?=M!W(PXM>SD_7&?3_$M%UH5PM]
M3Q5VASJ%W;T`/,=OL("_<,\"N66(R;K0QFUR\.RXRQM_[2Y>Q:S/W<CS#\D?
MRW]LXQ-@'[_+=26/2Y620A5XAYH$WN9=S&8POI@%2QE&_9$79DEI"\853,&%
MGFB3IX`[:_>_^/)7L:B4=KOV+GC@OHBYW4OYK&1(E7.'FN3</?W)!YRT&)/E
M8F"N/58H:IX53.J%AK>?%:KN.]2Y5;8Y,#\]BH+ASVPMRLKC8O*V$GD'\9(M
M;:('TWVA*^RGARK[#AO)OB\\>/"K^4F*$`A2`+&?8H!^MI8@3/V%[K"?(*H$
M/*PG`1\>=WJW8Q"F$$-WM$O0PG_TI`WOG>]GW.,K5R:*7?@;+EZXX9ZS5@F-
MO>6E)QX4/$QGFJ5T447DH381^>"^%H%+FV"B"DL;87$KZK6L'77H/VTIG7*;
M9Q!3HZ'3NLT@59$>ZKS?\M@@1@*ZAQ1$-P91OO:<@2B7@&X*(K<%1$R;AIZS
M`42YV4&FRPZW:ZGP?Q(=.=\&@>C&C=K2*YWFAZY*/U7*)%6W'FK3K8_1[5I#
M9-P@RUIDLDF6M,GB1N,Q-&W6/*68Z`U]^5XH'5&E\I'.Q,O'1?7^B;/'0$ED
M\9V;_DI=LNDFS:67;OYV?\8<48@%JGE53`ZO:7OB7[]S[Q=VL0TDT[+*(D'Z
ME3N!<81'F'8/'6T<X0N.N?&.1U'<DU!F"!3EY3:`;?3D5T>E1U3A?Z0I0?-1
M>[]_V,W:?3OL%IIFLFT6-\X*K9M'%PLW0,^^-W2ID8B1[JP<6AB6XW$\$JL8
M^#(#MS`.!\D-(Y'/P@*_*@-H%//KV,0O%MZ`[K64W^:S!VH49*0Q"D+O-F&P
MM7J..\("*]"7[X92:OQEI'O?_7%Q+9OGI@/LNYGG8A$>Z&Q+,;X1[@L:0$P-
M`XTT[?X_1J<)`ZUJT=)A%HL?03^^$SZI0:91&T&F8X&J:8AUY(E+@;,=PRL6
MO()N-H[O+5]N%\J:.QZ\<IY#?KV:/S^OW86\D?`N<J)M)%ZZ<C=NY%333`UJ
MC=H-:E%LL'_PS5M_._JJ#Y#YJ_./8,EGR%<+GV(>9RP.!OW\/G&FQL=&]>)C
M1Q^<C\&U'*N#M)VJ@5G*$3G&88*Q>&=M$\98%`WZUSC&I2A2PV*C=L-B>T='
M\T1@$2MH9FN)&%-#4.-&(:@#,S<UP:,0H#]ANWF=C-,RQH)#T`7VTD(-\XP;
MA7D(6>$.)@;DC#,/#1:6@9XP#@T>&&ZXDAU3HS%C;>="Z)TF;-NP6&D98V$7
MZ,=WPB<UZ#+6>2OH,2'5M&'#*I5EC,5BH(M;1/=.+J;49D1YN"P2RZ'UW?9!
M7KX82F-6Y]4;4V,M8TWWE-;K5C8\WK&XN-K3FU5@Q1KVY-X;8X$0Z(G.,$0-
M=8P;A3J:#G"-0%)EU7[<S=93*2/6[,'WEC;1@X4IH`_:I"?--B9L_*O_P@-/
M?M,]T%#C#V-=>8ZJ>I.--^R.92G6Y)"3%[0(%"P@`.UN.RA4:7^L,\5\/5K^
M?/?G4ESFC]Q;O%I$#::[0R>T1XW,:ZC$7)D9Z)M<7\NQ7,Q+>?#"]V13&U.%
M]+&FU$=U.I7BDY5E>6%%45K<GA1K8TSMADXP`,\]7SQY[A];7I5@;4P5N\>:
MQ&Z\&Q"0[&U;<JN-,;$;FMDD$-4CR(2J=D\TY28JZT@E%+:,$Q-,U8:F-OF0
M2;.>WCO?XZ2&3\(?_-*;*VFC%!>JW#W1=*JA:0<K'CYY0EBI*B8)'55E=BF*
MJ>KF"<,D<.@=6Z8Q,I%NU9-I0A6Y)YI$[GK=:C"5L>.Y-<$4:NB$-O$)7+G/
M(3MP[$5N]'KN>Z&_=I=R;\:Y$P0J!:OZ`:J?93E.5$UZHND@P&'=S/"Z_!B/
M1^9#'!-,)X9F[RQ`5-UXTBQ'DA\YZ\I5N2QP)(KN95O,L80C3"N&UN\L1U3M
M>*)3.Z9QE+Y7/#1G"U68A@Q]T5FJJ.+RI)&X?$`.+AI9ETO137>E6K`&*4QM
MAHXPC)3+P[-7E7U>F&^AIJ+7J]CXE=-OJ@@]T;2__)!.YI/QN&XA!U)2FYV]
MLMWZ<G=XW((U,W1,IX9^ZBAO5-UZHC-!DB;H;`$+T["A0TP_&V\"=^,$K_&&
MG84K_JR.HTVHVO9$F[;=I'M[.'IE2456J&E/<&V"R>'0,UUC:TH5R:<ZLQ(=
M&3!K8)IB(CITA6F8RB>U5Z*TNZY,M3*EZNE3;7KZP7TMJE6%E\WSA$GFT`'=
MYHFJHT\;Z>B:]08$*DQT6-L$&2:L0Z]T&S*JNCYMMN-;KSB*0!8KI%9AA<GM
MT`^FL8K_][/SW=UL-S)O]L?OS[[,@UT=59Y2U?:IIEW:!_5R[PPK^4_20'S7
M1=J$+?'E*:;+0S]U%3BJ+#]M7Y:O25U*5094Y"O"S!.%:?+0$::)NG(]?AGQ
M\AN]IE3Q?:II9_>>_NQ?^,FB3)6U8/&'R>W0]/;30E76ISJW=[\O9##%'-K?
M-#*7GIA2.NM\0NKZGKQFY#J0PW0I1U3%?*IMIW?S3N[E*JG.=NK'-X-=!Y8\
MSC`9'7JIH[11Q?1I(S']**-6/>2^\(B5W?M42.X;'^N-(5P46S3/'2:Q0W^9
MYNZ+Z,J!NQMF5+5]IFU+^H$]W3O>O6F#92I7W(HMF_YFF"(/W=5E]JAZ_$SG
M=;UT`.W90#K#U'AH_O98^KNPF[/OM.:,JJ_/-.U3W_GVJ;N3%^T)Z<TP=1S:
MM'6GJSW][N-3%%YOHS!R5(ZL4@:H\O=,T^;RJLZD2'QRW("]..NMRB3X+:EA
M'@Q,WX:&;A$,+BW(E_,7'CB/?,^H0-6O9YKT:[07V>B0O,F2=RT:)C#Q&1K9
M&`U?MM).UZN[)T?XM?`KFS^$4>`L2G7G&55WGFG*FMZT@Z4,Q37E=LJX+BM4
M9E_3ZA8@AJG1T#T=1(PJ3\\:R=,-9[!DSIR$,R_F3#S#%OYFXWLLC''S\S9^
M,0\9)F)#!]D'V9D3NHM2PJB2]DS39O%&O3ML!%-5S7.%*=W0+5WCBBIQSW1N
M"C\(+DMPP:1J:.VNX4+5J&>--.H##D$=C@S[]O9Y%S_>S*.$J<_0$\91NG#7
M6_$J,'4)3*,/1,U9-=#B,ZVL?S6>:DE5Y.EFFJZ"$7.Z$-=TCRZBJJP::/O)
MM@^QY'WST"!",F+Q[D%#E)I5`R:>;S7!L?495[!;$2BR2!WRQ9\?_9>_++D;
MLR3^>(N0>.D_Y^);+.4W^;1VRN$@:M"J@6,^K\`W3[V=O<CDJ^:=BPC-B#7-
M.I<H)ZL&COZXZ(R'$?$8,:DN#R?7H7YRPX6S_@_N!!^]Y843O?54_G6)DK!J
MX-B_Y+).9*=PDGM7XP),EI`7RS!9QCP`B+2+F-D:`(B"K6I`RZ^]VQ0@VBMB
M:UT47/B+K?PB-^G-394($!55U<"QQP"T!]D<+GDSO7_%'K<CTBAB7SO<3A0\
M50-:?OD=]3VB<R)&UN7[>#=69;K=T0>B:*D:./8OO?C%4R>G&_PMR:A;Z'?1
MMV3A\9B^[5$UQ)Z.+!%=<7`/T_Z@274Y^#YPI$9Q][IY\->E'J;J>+TC9VL`
MWSP[P1R_R.)7S3L7T^B@-<TZEZJW]72D3NB,AS'1#)I4[_C\=[Y>_T_/_^;=
M<2?T/;Z\#,-MZ;:]48\JHO4TB&B5/7DS>,M2IZH82\NQN*!Y'C"=#1I<+P]_
M\]=;+W*"UT_N6OR:2CF@ZFV](V_?+.W!&_]G[[+X;?->Q[0W:%Z]7D]DB5O^
M[`?R9D=U&7NY\ZGZ6T^#_E;5D3<,I"),5HK%Q<RS@,EPT-IZ65"_BW.Q.'WT
M@]=2!*@*7._()_I+OO\;SZOW6/JF>7]C@ALTK0W^ILIM/1UG\KOI=$QN@_;5
MZ_2;[</:77Q:^T[9KNA1CRJU]8Y\?![]]F]\';_#U%OF/8V):]"L>CU]RQ]=
MN3'<B[XXFU)=M4<5V7K:1+;=#KSQ=_XFD^^:=SFFN4'CVN#R/E5[Z^O5WCKE
M]SXFQ4$+:Y[%BZ\2..M+;\F__T]>^BSO4R6YO@9)#NW!VWE[_"Y3;S/QOGFW
M8R(=M*\=;J>*=7U=8EU'?8_)=]#(FGVO3G+=1?[B]]J[)/M4#:^O3<.KZLY;
M(.(S;*JLC1NS^YB:!TUO(1Y4::^O:RL=B9$3*R'!Q#_H`-U;+_+M2I_$*Z6Z
M7Y^J^_4UZ'XE?0`[+XH[KE0)\\['U#YH8UN<3U7\^KKVW'68`$S_@X9NAX!X
M:U(U`U05L*]QTQWH11D`R1XL2Q#`U$!H9WL0H*J"?=T;\#K*`:850F/KXN"*
M/SKKC_LN(1OUJ3)A7X-,^.:[I^Y6+]MU0UVA^T4OMR8/UO3R@*H,#G0I@QUR
M]0!3!*%E=0_L]Z+94C]3A<"!!B&P^,7!R"U?-.]93/2#MC3J6:K6-]"E]77`
MO9BN!PUZJ'M=[X6'4>SA^.^W3HY?_<]+]1]E*YG`])Y_C\[$I_Q>ZG.JK#<X
MLJRWIQ_9S<79^TP58+($4T7,LX")>-#0]K%`U?`&.C2\FD#,-W)7EDPV?NZ'
M$9M[8HXN4W#^3:7@O%ZQ^8OCKF75TT]^<'KG"&9DH;_R]?+TWC_][$3;($Z)
MGY%U(YI<^6O7-S_3'V":'W18BTQ5S@6IFM_@R)H?^NV1L<26:2`F\D&CVN)M
MJL@WT"'R=<WEF*H'+=NBRZL/80VHJM[@R*I>R??'/&[+4:P!)N-!P]KC<ZJ,
M-]`AXW71\9AN!ZVKW?$7/'!?G,A]X5]\>>F*LZZ\SF\TH"IY@R,K>7OZD:T5
ML_>9EQ1([K4UCP(F[D$[6X?"D"KW#9O)??7NIJW)0_IJ>NU+(;I_PN)+:9=9
M$^8G_T-,%80..)21A;1!\!I#DOSC+27)R__YZUDI$%1=<'AD73#_RJG;?V5G
MUN3>+W2WZ-2C"8)'<BI5$ASJD`2A9W_S7)G@[G^*'_#2WUCD9$P6A$9MP\DW
MMZ5.IFJ`PR-K@/E73OU[PVXM<BJF[T$C&G8J5<P;ZA#S$,]N>1#Y[-9=^!9Y
M&%/;H$7;\+"T7XF'J2+;\,@B6_Z5LV&9W5GD5$Q4@T8T[%2JEC;4H:4AGHT?
MN/((-`\M\C&FHD&;'NKC,'H.I(-[ZB_IW5[!N_*U_SR?E[J6JI@-CZR8)=\W
MRS+HK-V5'WBN8Y$_,84,&E*G/Z]+_4E5PX9'/NJ:?-_,G_[:#YRE38]53/:"
M9M3HS4]7I=ZD2EO#(TM;R??-[A,4SG27-OTT,>$*6E&C,R]+G3FBBE.C(]\R
MD7S?3)->B[9]UZ('YPB3F*`9-7KS\V6I-ZG*TNC(RE+R?5-O?G873^ZCXUGD
M34Q;@F;4Z,TO_Z/4FU1):73DFWV3[YM?7/^-_0\YZWVUR)^8C`0-J=.?_U'J
M3ZIZ-#JR>I1\WZ(__\,/?K?(FYA^!,VHT9LWI8N4$54V&ATY15OR?3.YB'M>
M^+I^<:Q:IHPPO0B:4J-'[_]7J4>I,M'HR#)1\GVS_)K\NV/31.C_8>]?FQO'
ML6QA^*\@)MXY4Q5/9D_I+IWSR78ZJWU.9BK'=E7%/!5OG*`E2&871:I)RD[W
MKW]PX4W>F[IM`H2<^:&[G"(``GLM7+@VL(&I1-"&!J'\H[YS4L6A0</QT[+Z
M%I>A><FC'R[3R*6E$*8(04,>@N?J06VM[W>Z&5SBA_][-8^*;:([+R\?#*CZ
MS^`H_6>>[8_WI*N[!L6M-/\7;TXA)\RC<D.L0_AB"A$TM0U\J7K0H&$]Z#SQ
MQ#0B:%H;>%(5H<%1BM"!4OP>4#],G005TXJ@?4\&]6(FQK%-X*5\/DT?>7P5
MK=8Q?^1AXC_QFW`6K?BG*$F*(P`?HU@>`+CC,[GGW^>)^('[R_#ZV^Q1F+WV
MA-20JBL-C]*53AO"FS9&<<*B+)>I@ME6R4P7S639Y6$+)@ICZK!%63[+7L#R
M-[3.SR&F?D&PW><G52D;-JR4_>#C:7S$]#L(KOM\I&I]0Q/;QTR2,J<2=X9*
MF'0(<6F/2K^%,?<">7+O5\\/9=HO/)TN[KUOM:RB*H[#HQ3'EF;A>KL4RLDC
M9R%/LYWL+%JP39&'+46FA/T4B'P\^?D=\\-9L%$7F2Q>491YX9R)*C(5UUY\
MNXN"(EGE]ZEX_C[E*_%`WGW@K]:>'\MF)EEQXCU^R+S*0*PRLMG60.SK@5C5
M1=3$6XANR%+OVSM9%>85YS+%O]XG<FA."B.(U(FLCZS>@R?,/I.W%W/1Z+EX
MW=_:[UV8E`OY>5:]BZH`#QM6@"WUIN:6$^6[F'R9SB)>)T\ABQ>V3UI,K8:P
MGQ5IJ2+W\"B1^\#3*):8^UO]J"^FA_;IABGJ$#!7Z);(Q)=<SI*["$>5XH='
M2?%.K$&V+7/FJY`'U8ZWL@S!G!R0HF?6Q:C^DF'#^V6M=2EC2Y%$Y]$O=&,M
M@KEO(/)GQERJ)VAXW#GYUE8C.'V_N+#HP-Q($)?V>+6+/E3'T_`HQU-+:PLC
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ML<!59QF&N50@4*89EBL?^I==0A#56S(ZREMB=!T`&HT-;'MFX7=L#D6C]EF%
M.50@=.ZPBNI$&34<SZ5I%NV;'@OE,?O1";T:<XU`I)PAT9CJ#AF;N-/,XGB4
M[Y81(Y`#,]L8<W=`C$ZGSWSNZ\#0UTGJKZ1QKH3Q_/2F^+B:AE>KAZ2,+UV[
M,AI3W1OCH]P;)\YJ)S2X8%"1EQ69F<[-RNQL&C)9`/O@4#SM,>;L@("YP2.J
M+V/<<+B<[YDWF.L!`N0&;ZB>A?%1GH5CIJYFR,,+\LPT>4H%C$49>5P*XC_&
M_`(0)0)Y_K'1]YP4.[-X,@VOOZ5^N-SXR:,R[.(#?ZB]TV%,5?O'1ZG]I\Y9
M![>S<C><W)H<<['`2=3&82E@SOV%6!QQJ6$^\/29\U#]O)"WQCVI6^,RI7/M
MO>CMQBMO7NY3GGEQ_"+5V7+CLRI5O)=YJ?I;$%05XHN\?*M^[4NE8\R7``G0
M*AVI#H)QPY&+3J5?D:6R"9<G<HK;SB8/",F,[9,#T]$A'*V2@RJ.CTT$RCZ1
M(3^IE#]GKA\Y?6T/%W(0F3M!#$R]AE"T2@RJ)#TV*DF_97)@PC.$@T".)S^)
MXI<['C_Y,Y[L#M\SILK*8QNR,MJD<N+03UG^V)V(/F-,#H8FMX4U5>P=FQ![
MSQ9;3*6%)K:$[82JP4Z,:;#G"O`$TU&AG4\'>+F,U9QW-8^4@S44\R._%=]>
M\0[%8D)53"<V%-.=32NPSU,Q&9!-;:V1GXV?+JY9G"5M_PMP@JF@$`3;+*#J
MG1,3>N>QJ,^C;(^*1-WC+$_:/NB8A`EM;AMTJE@Y,296GM#?2^1%?W<'>4Q_
MA(:G(W]S_^%DU7I"52`G-A3(8UH**2)RG8F_8X)IA!"BEBE#50DG)E1"(D78
M/3L;DF!:(02E99)0U<*),;60/I@<Y/]BB2\]'<*\O[1/&4Q%A!#1*3-=%"[&
MKU$JWNU[P2V?14_"+CO(0E40)Q8"M1_81LB8Z:+B=R]RL#)+^_3`=$0(2FOT
MH`J+$P-QWM\R'3"I$8+0&AVHVN/$5)CXDSD1+2J[*]8%)^(BBYQ@UIN4/7BS
MO]@L\/Q5\BX[R"3=W<6N91?8@XF9$+/3V1,$:@/F]>J!S^=\OE/,'/Y"%#-5
M`<:G%K1)!4V"(-M[G#]W1MBL6*<$&[&Y+;")@J8JH/&)XGS!1?1*Q,:VP"7J
ME*H`,\/^80B_=Q!A1)Q$#$U&N#S@M0=CHBRI"K`U6K]N%.S2E=.1[D".J)*(
MW>U!3A0@50&FQNPSA1A1$1$[VX.8*!BJ`HR.W/MQ=@=<1/U#+$P&]_>;ZSVH
M$A4^58"ML;IH#43V=W;#KAW"%Y'J$%M;P)<HRJD"3`W,9X0GHJTAMK6`)U%%
M4P48'87K07TO'CD$*:*/(>8E0)KN@9*H@*D"S`^]Z2LT/]V_OW`(142G0BQK
M#L4.59KJF`C]"E`+4G<PZV!R$[2C0<RH"E/'6`Q5Q[M;!Q.3H#E/ATX="ILN
M;OE:6/_12_@M_^>&)^FMP"-XXO-;K@[?WT<W(0_\I?\0\$^15QN);]BAZDT=
M&S%-3VWUJY-ZTP4KBV!9&2POA&6EL/N(E>4P55#[Q,(T+`B>0\2BBEP=$R%(
M?Q"I@REC$"R'B$25SCK&8H52V73IA7])S^;%BL?^S),GB7-.Q;JD1&[L5F6U
M3QQ,;X/@G$Z<]3J.OBGO\%<NP!03P))/%Y_X$P]Z%TG"T^0B_>CY\>_R$/5-
M>"]O']&_?^9>LHGYO/*\EDU4E:YC(SIHHZ8HQJZR5+8NBI7\"V3!K,<\580\
M9EXYK>Z'3%WTDC]=96_83M;ZN8,*,%5^-B@9VN$G56_LF`C.:9R/9;%R;OV4
M\5$7P2Y2)C,SE5O,J$R5GS_-W["=K'TZ8@HG1-=U.E+ET<Y1\N@QDZ\13GYM
M>ES4_]\^&S%]%H)KAHV??._!#Y3C"4)2>7@,+ZDR;\?&*6Q#1CE\0@_*<NK8
M6TWB[-2.2=&0`N?#7JJRW3%QKMPB6_'IOE).W9Q?3>+JQ(\I[A#QLR%KERK@
M=XT=E#?,6'PQT,B8VCI+NYB/`4)].DOEHB@W\\O7.)IO9FERN4G\D"=[=M)T
MJ>Z'KHT3^P<TL!CZ9-IB['IA>6J6)W?'@='%'!@0D'9X0?55=$V<X7^C/,#\
M#1"`=GA`=2UTC1WK/YH,_XG1P1T68,X":/Z&6:#/J]ZM8^[-[V3@\-1_$H_O
MY5T:]_Q;>BE>\%<M.:CN@JZ-H_ZGMWOO6)(=[];%L$HY[$]5$I-%,566`P3#
MG`H00J<(1O4@=$T$!FB%4)I/?SI%*,P+`"%SBE!4R;]K+(@`G557CZ)X]0&_
M1:.$_:0*_\\=BZ'6;R^N&+9*I@8U?-2^>Q8_5$6^:R.*P(Z&;8TW&/[NK'XP
MT1S:WR[\5.&[:R)*P*%PN[W8Q51F:&^[<%.5XJZQ*`!OHXMC8BTT.@WS9+JX
MBL(D"GQYG>G\]YOK/:CWJ))KS\9Q_IU-VZ*`"M]03<=D0G=8T,/$4`B";190
M9=">B7/^QZ`^?8VZ/+3D$NZ8V`G-;AMWJLS9,Q8"@`2^6UT>TS>AY2G0B_%R
M?AL%P:UH_L<HWKG)M4>5-'LV0@+@;:K@+A\S^9S)!.H"93=V/?<P(1,:W1K<
M5)&R9R(<P!G#B\F(T,C6X*5*A#UCH0`.PSB6&,<2XX7`.'`#8TS9@Y9N$.,O
M?LC%ITVP23YX+Q^X*."?&U$59;'K;[-@,_?#I4C'9T$D??P7X?R6J^OG9'"T
MYY#/:PE"E?QZ-J(*&##(;J*%JGRV%B]@<^^%S8M7:`XR_DV_0Z;.7Z)"X,O+
MTF5P.15F3KZH?;IBVB'$_3SH2M4<>R:")%B@Y_9<I\MG\@5,O(&5K]#3("M>
MPBIO42';Y7N8?A&;NL%/3-R$0)\'/ZFB:,]8T`<7Q]#9^0RBF"0+T::1="UG
M/&'Q;">@BI"]N-K$L?CC;O,0Q<)8:E94&PN36^G0JF4B5:_MV8A9<6JK<^;=
M;M]X&BL7GXK0NMZDR7]Z1?D)VR2"H6G$9EXP4_?"LYE^1[:?4N3*XHROXRCE
M,YF+_914*_"SXK5\45($L'HG:"SK($OW$N:]VO^NMV'F;]J$<QX'ZE)5V078
M@R>,-&M_#V8/$Y\A@]QA=Y^J2_=-Q/*@LKDL0,WRE2*4AI61:*L4O64]8:J<
MUGG4Q^1KB)5#/*(JVWUC\46H9,KILC6"Z;%.#%J.\`63O2$F!OAR_6TMAG@^
MO_/_)3?JJYM'=S.%JH7W;80G.;Z]C<RDBTTJEVX\>TD^D987NNJK.]04J23Y
M(^;,2+P^%8M".6FZ,E_V,<T>,L0)WE+U_+Z)Z">G\W3W')EG9S*_.M&E*>C(
M<(=I_Q`@)VA#]0OTC<4Z.9T[!3L2R0YYDDJE<68VQ'P'$`@#]/@:\[7W(O^^
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M"\$4ZIM5@"U3L#()4VD<`A[35*'M;0)/E4X'!J(EO`&@,1$2VMHFT%2M<6`J
M',(;0!O3#J'!3T?[^EZ&'%(CX>=HSH,]4%/UP8&%X`8U;2H@9]?LGA4IF$KB
M$.*8'`CM;@UQJNXW,!!MX,P1QI0V:&=K"%,EM8&IX__[8+YV&61,*(.FM@8R
M51$;'*6(/?'X(=H-<Y;D4*!=@Q?3M:"13X<WYM[L46[9W(,K5=<:V-"U7C6F
MP%7]KO<WNX,L)FQ!,YM'EBIL#4P(6V>%)*9L0;,:1W)(5;:&QI2M_7`Z=&1V
MB&E;T+@GXWGEK7T9FU7M#KCRXOCE8Q0_>_'\*X_]:'X3_C?WXMHS=T.JSC6T
MH',=UL1B+Z%.G6_HFLGT<B^TS"`W;XD<,N;LB\S3?I#N(::`053:H@=5#1L:
M4,-.HT.VN4JE9UD&IG/(.%LJ3_MLP&0R"$);;*!*9D-3DAE]A*@9(-IG!":E
M02`(C$@>+\+YYRCD+Y^]^"^>EO>=7T6!W"T4>X&P9JDV7BQCKFI73Q2JX#:T
M(+B16EY2*7E41Q55,4R7P\J"6%F2.H]3T6S+PMHG&:;>01`=(QE5XQL:T/BL
MD^JCNZ3"!$,(FF.DHLJ*0U.R8G/,DGL^5XI9*\VL\H`@6P=\OM0G'68ER=11
M0#$G%C3S'*(9)EE"&`DTVZA#2WZ2_MU?/N[Y:*8*ED,+84;1%I4,V>BC>N(I
MDX\=^I+&U$MH<4M(4R7,H8&(HF>++*9>0@M;0I8J80Y-!0\]6W@Q21.:N0EX
M/T7/N]$=467-D84@H5B#4)S%4W=@'F%*)[2W'9BINN;(0!30,X454RBA?>W`
M2M4C1Z:"?)XIMIC>"(W<!+:?^=S?K/;`2Q481Q;B>=:T"05;)W`(;TQ-A%:W
MAC=5)QP9".AYUOAB0AZTLC5\J1+=R%1$S[,&&1/6H*E/!UF\)?:"BW!^%VW2
MQXL5C_V9MP=IJFXVLA":<U?#"N1U&B62J50L2^80_ICB!0&PBS]5^!H9B'5Y
M#-X7#N.-Z5[0X';QILI?(U.Q(]\*Z)@D!JU^.NCJAK&;\);/HB?1=IY,%Q>S
M=*,LE\<>^:H/9R>W7'H"YO?13<@#?^D_!/QS%*=+;\EK/2DCJHPVLA#3L3$K
MP(O;RB)E8`1=J")<$=@E+Y=E!;/[B)5%LZ+L]KF(Z7<07W>Y.*:*?F,#$1A_
M<.\0[HTQ41'BZ3#WJ$KDV%341E,$]$,6EP2,%LS3!)1+ZB+JWCHGX#KV5U[L
M!R\BDZ9B&HDB"BJNW*$B)H1">,E4_"V4(:7]?_'YKYX?)GI3V\<HSO>RR4#4
M7/SWVHM#/US*1_KR(`%;?FN<L/Q=Z@?!WWDPW[V2&U,EU;&%6)%F30,'T/(]
M3+V(_:1?];/:;W/_R,N=H_J5,E/^4I4FN\Y)#KJ5%S/U9B9?[<Y2<XR)P)`6
MY\9KJI8\-A!+LG4>9[N@)4/?$H,Q61L2X-P83%7'QZ;"6K9.XS<]'&,:/N0"
MD<S)3?C1\V-Y@)670%U%J[47OMQ5KR`43Z,5OY/W6\@*2@R#X*,?>N',]X*;
M,$EC-5M+=/]X]&>/1;E3%3+N#R^Y#M2B;^^=[F.JOV!L(5RG`_;;[B&)9+O,
MI,Z5\ZU.D%=H^U))7256U$EW$=$3BFJQ2KW44U6SZEMTY9BH'<NJQ_Z4%62J
MA@YT(\Q+`@GV)KL1U1DS-A!NU`%['=UMV/?8;S#O$F34F^PW5"?6V%0`5@>,
MEG>>Z:</;'\'DFNRK&+_D6QWHJ)62IR<KGFLYE8']!W,SP8Y06%^O.3SZ6(A
MKRW+5+<79;M:1E+=;&,+@3)VM*LRXLHD`O"%NO0O5ZA?-'7:AQ[SMD'C6X6>
MZC\;&XBD\1:@QIQ9T-@VH9Y0W5,34Z$V#L?[?;189%<EQCG@3S)=^^/Z!',A
M09N?CGC@^:M<57BY^.;7^H(F5%_0Q$:T#="<`FKYI-!/7MB?\F'[*]8)YI>!
MIK:!+]67,C$1+N/L\,3\$="T-O"D^A`FQ@)>G!VHF$0/[=L0J!^BE>>'M;!2
MA?6)C?`42(-J,=:/'4`9TZZAN>V@3!63)R;B0YPEJIB4"LUK!U6JMCDQ%J#A
M+*'%U#YH8QJT^1ZB6DRINMO$1M2$:DMR7.\?_81E[1#?/5LWLBWC*$F8MXHV
M\F+0!9LI#A3[GN:;6-X2*E/JF%/M<P'3OR`VAKE`5;PF)N(J8-CK/IW_VCYZ
MF(0%K6D8/:IH-3$6.Z$6PJ3HD^UCB&E3T*84#)/$7_A\K@^^[=A],OJ%*$JI
M`BP,RJ!!%7"S9_H8GRL;/"J&*5%&S&T'9:(BI0HP,-R>(:J("H68UPZJ1!U*
M%6!J&#Y#:!%!"K%Q`]#N@94H1ZD"[`W)M>BZ`RPB2B%6-@\L49!2!9@;A<\`
M2$1W0JQJ'DBBYJ0*,#SPG@&:B-Z$F+8!-.5>E$VRPP4P^H6H-ZD"[(VY98,0
M@/5#1SP"%<-446Y4>CH<9:("I0HP-P"?$ZJ(B(28UPZJ1"U)%6!X-#XG:!&%
M";%Q8]#N=`2,?B%*3:H`VP,S\`J\1MH1OT#%.%6L32A1AV#=H6I1'1/G]\\5
MVPZF/T$3V\*6JD!UC)V//UN`,2D*VOET@*-`;@Z7F[8_1O&5E_#D#S]]+.,(
MU&)-U:4Z-LZ:[VO=5C#]F,^XOTZ3:O2"[>@'ZY@_^=$F"5[8VO/GV@_8NJ^A
M8LHJ21H4M4XF"57EZI@XN'TP*<J$ZOR/2LIDVDI4EO;!QX0O:/@6P*<J89W#
ME+")!C_D2]EI=\T'7W22TUFP*%CP[!H+,-4,(D!@P6K%8WGB*`\5<^G-_A+3
M:7'?R)T8'+UYLEM4ZU!%M8Z-4\''M;4D2IZMB+GT7F>LWO>3975'H>M@"AW$
MJ77F4,6[CHF#L(TQA9T#4S"5#^+2.E.H`F#'V-'/$^GR^?+.039@ZB"T/8D-
M&S%;_RKWWMV$R2;F,I)9)/^HA9ZJ$G9LG+'<T;##-R/Z.J.,PJ9RLEE6+)MO
M4K=V(U:L6J5*@VKC*52A:HX=$V<R#Z!&GH:I1"Q+Q?)D[8.-R8W0VE;![E)%
MQZZQ4YG'(([W_-81[V(B)#0Y`?%POO'3/=-^ERH^=FT<R-QJ2@FP_M6=R;V+
MR8[0PJ8AI6J,71-G,,\%0DP4A!8U#2%5`>P:.W:Y"T>'8,3D/6A5"HR)&*1T
M,#_].;('4:JLU[5QXK*N516<50(=33#7:=Q!'9/SH.4MHDX5[KHF3F`>AS)S
M#F5,>H.6MH@R563K&CN1>>X=&M/.H+DI4*>Q-TOU,:AI"$.[RZ@OX@M#UE2,
MDO?1!R^5D<<VL?B6D"%8I^%]+%)XVM51RQ"JN-:U<;ZS86-4.*;*9=EALVF(
M7;2@0B7)#_.L='D?@RR?Y2]0D9MEYNH[VF<HIN=!N-UG*%4#[)HX=?J#D2<P
M$I,-(;SN,Y(J-7:-G:0U34N]088)RB'7@&0QQOR"EFG$9%S)=_(GS<M`\E(^
M<8J7F,()02;P,EY'L3#$P>NV'E7?[-DXX%O;K)(V60I'%W$]3.B$MK<)/%7T
M[)DX\WLLT,Y]F/4P^1/:VB;05"FT9^P8\/EW:TPIA0:GHSU]$%.@&A#W@$T5
M37LV#@?7M0K"7J9P2!_O8<(JM+Q%U*G":L_$R>%34'8(9$Q'A8:V"#)51^T9
M.U5\[OT9$U.AN1N`N@ASOP=JJIC:LW'<N*Y5".I%"H=`QV15:'B+H%/UT9Z)
MT\=G#C*F3$)#6P29*C'VC!U&/AQI=^#%9#YHXM/AC?G<3S_PV'\2%GGB^\"E
MJG4]&X>1\385**O';%X^=PAN3#V#1K<%=Y\JG?5-G$<^"-X/+L+;QS0R:&1K
M\%(%LKZQ(\EGC#$FCT%+$S&^]>0^]@O/VX,P51GKVSB(C+7H%=3Z*;NXN'`(
M:4P:@Q:WA#15%NN;.$U\!+*>YQ"RF/P%+6P)6:KTU3=V/?(N>-WJJIC4!0W;
M$*![\*2J7'T;QWR1!M4-R0[!C,E<T-YV8*8J7'T39W(/A]6EX1@3LJ!][<!*
MU;#ZQ@[0[L#6J4Z**5;0K(V@>?GPL`=.JEK5MW$H%FL1WFTO+R\=0AH3KZ#%
M+2%-E:[Z)LZT'H'LPX-#R&(Z%;2P'60'5)5J8.P`ZRYXG>JJ`TR9@H9M!E`>
M1,\WX1-/4OGR7V-OSO<@3!6J!C:.KQ[4Q)K.+=.S,@-3.1RB!R9J053:H@=5
MY1J8.`K[ENF`*5\0A;;H0)7"!L:.U1[%">=9@*EDT/B-L&#/5]F`JI$-;)R[
MA>VI^?9V"&-,.(/6MH(Q53<;F#AE>R"F#JDI`TPD@\:U`BE5(QL8.U)[CGT5
MD\F@B4\&]N+)\T6I`?\8Q7=>P*\VJTV@W*_3])'']X]>>,]7<@=-_'*S6GM^
M+.LU7901W&IY0!75!A8.SM*;GS/HMS#F7N#_2T8M\OPP85&L#G-Q=9PKDJ6]
M3T5Q[].L/#]X8;XJ4F1)RBB(,@#S,E0%^2&[F%[=O&//C_[L41X2"S9SKH.B
MA5'X?J99.XM$B2'7-[7Z12V3=\Q+V#,/`OE?3_PGV3PD_)\;F7(FJK+D\BP:
M6XCT[,D+-ESF3S;R36B]1+73LE9_:[]O8*(CI)V+?8.J4`X,'-EMKB\4):DH
MTK(L5A;&5&E,%L>*\EA9()LN*D%!VR<9IG="_%PD&54<'1PFCIX6CKHYMDWA
MV/I2'0;;IQ`FK$)T3E^<R:/#X>SEX#UB0ZJX.K1Q>K:N5<6:+4O@YI:Q(2:^
M0L-;!)VJMPY-G)P]<Y`Q"14:VB+(5-5T:.S4[)DCC:FCT-IDI.^>O77RN[]'
M#1U2U="AC?.R:),`W.HQ>__[S;5#:&,J*#2Z+;2I0NC0Q#G98]`5SQT"%Y,_
MH8UM@4M50(?&SL<>@;!CW1=30Z&AB0BGMW[RU\>8\UL="R*:^?+K1EZJ\ULX
MYW'PXH?+2K"@6ZFX?/:^^:O-JI8-5/%T:.,(+;GYVR1*F2R*R;*D`JNB9F2E
MZ<NGRO*J\;K>,57D.Y85VC[M,*T6(NHB[:A:[=#$(5XW:*99Y@[),-$3XN<B
MR:BBY]#8(>+&F1:+HMXO)-/4T6.O9)JZ1VU3,BVM#FBQ'M!6KG`-TSXAC*UP
MS0]W<HVJ?0YMG&DF-[_A>507VC[M,+T4(NH@[494875DXFRU&S3+YU%'2#;"
M]%F(GXLDHPJY(V,GO!MG&G$>=85KF$P,83R9:Q_X+.9>PF_"KUR@+N:8)9\N
M<C2B(+B/9.C:CU%<,7LMO:@2\LC"\?*36IR3*\_,;D)69I=^YV*`$R7(F-$J
M2K3T85=*:9]-F!0-47.$352E>F3@"/MWS1Y,VH8H.<(>JO(],G5,OAD*^:&\
ML3*G4/2*0FE&(7D)=^H2A3`!'4)%H-""RV#H]]XW%3\W*??6?5([ZF3<]GP#
M?>WVEQ%56!]9.))_7%/+RU(Y2[UOC"\6?);*W7V".G)3X(,GWCGC+'GD/%6A
MY?,GWBK:Z`V"\E^B0'^EEE&+32KO4I6ES?E\HP/.OV,/7)!.Y`I?6,P#E5+N
M$-3!3KT@B)[E>]XQ3RS0Y.I+,D2LQHHMD.7.1R_?Y_->E/@^D7O!*IL*]<;&
MF1>*I,&+>&U6"UDSR7I1K?4F7D?J!OI''JK:9X5[HH+Y"]O?C#C"?`Z0@VUW
M"JI_860@@,%IG2#/Q40V'6<[895-N#JGOA^DR-L^2S`7`02E;990W0$C4_$0
MB%21XXFGJ9(/:V*2#<58B8Y=ODO,P71_"!2!.2*%W!L^>[G<S/X2)OH0K3R_
M?FE&5?-'%H(LU#6J)$;QG&4)V)\Z2?M>[!&FOD.SVT.<JJF/#`1;.&^$,:$;
MFMD:PF.J?#TV%73AK&$>8U(SM'43,(N/43^:7WSS:^?V,54]'EL(NX"V",-:
M/V5_RN<.`(WIO-#@EH"FZKAC`P$4SA583'*%!K8$+%52'9L*A7"NZ&*2*+1R
M<^A>/7KQDL^GB\76;8)W:S[S%_[LTDO\Y(/W4L\`JBPZMA`9X>16[R!,5@03
M9<@O^XLM_W)>$%,E,5E4^]3"I%((GT/4HJJF8P,!&2Q0R7DB8?(B!,LA(E&5
MQK&I,!"-LFFMV33+V!0)-FW?WLJ2G$T/LIQW;.X$G3`=$D)&H%-^ADO+=!]X
MXB]#*;A=)'_G\Z4?+F_")(W5G/'1\^/?9?R!6BY1]<BQA5`2IS4YY]3'K2`,
MY3TFV7VA96'B!Y85Q\KRWK&UL(#X0W(P9!Y;QM)SJ"C'^!,/2^])I6R_R,]$
MLF3S\`_I3DHCMO(2T5^D,*KBH7BQVE"CA%#FA7/VSXT7"$YS[9N4^FGV>NT@
M\O6;$O%/E4DV:>&'7CCSO8"MH\27R=KWV8PQ3162S95>0%5<QP:"1M!8_^$5
MSY.]1&>JHZA"VJ</)M!"E%RA#U6^'9NZE+UA#KVKD.B=4WS!Y%X(2V-\V7WP
M<$(5>R<6@D#@3:H?/IPY@CC!-%]H<EM84T7?B8'8#^>++2;S0A/;PI:J\TY,
MA7PX7X`QN1?:N3&`OT0I;6Z?4"7AB85X$">W^L!O)%'>C^\D,_T!$\@AYQSJ
M#U2!?&(@8@:9_W#$/(3R+JV`)Y@<#L%RB$A4.7QB*CI'\VQZI^@T=_/;:8+I
MWQ"=QICS^\WUGF475=^>6(C44=NJ6A*X%<AE@LG4T/(64:<JT1,#@3*.1YG]
MSFZ82SAC0BRTM46<J5KKQ%2LBK/OTIAH"LW=`-3%C#==O#+:%YY.%U?R0`R/
MUUZ<OGS1"_A:-E"ETXF%:!*4AB/<*>=^>;3Q-:F8R*B./%;*8EEA[5,,TUDA
MABY1;/P+48U5!9B;6+YS2E6L6U(*P<PM2A%%7U6`X3FL$5YYV>>+MY!BS*S*
MG]`5_B"2,0+0R?Q1,=#U='\1SL$:P><7TC:(.47J:[$PF,_Y_);/`F'*6CH1
M=695@.E)L$$['#V`)>PVOR+C)D2>BE<@OXK%6;)KZ%/9\JJQK&[MWXM00;/*
MZ.8T<AN,)JKFJH"FYUP##-87;NQFH2_^5,/GP1QLGX&(*HU@ZC0#B3JU*L#(
M%&V,AMGQ6^D=B:H_1`LQ<X=)%/ASI67+<7'7E*Y*X#DG8U<XB0C<",JFUHF?
M?._!#WP%QG%K1:+.K0IH^0MW;^./F=&+PMS^+$%4<01+]^A&%,]5`9:_=K]'
M>B'R.X*=>_0BJO2J@#:^?$_A6)#E\?G^^7(=)>IO.=EZR:-(&,@H&+$7M,\U
MQ`6``-D`USZ5!B,YA\>_$)T$J@![D^;1[=Z[[R8H1K$?^VZ,]`G$5X*PSJD^
M0725J`+,S>PG]P%D[I;T.J/--Q7+5MEDPBW2&)LZ5*](YS"OR&E76!JCE:LG
M&"KFK%`(@M0LA79ZZL<=JI>C8R6>26V[]@PPKOCM*V:J0F]BT_OAT%,]$ATC
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M-A.2(V$JB[YPE54RL3)7^SS!U&0(39L\H2K'72-W%+YU7F`Z*H2B35Y0-=.N
MN=L'CR7'C7PD*#&OD&2F2*+NT&5QA22>0R3!1%&(R^DD\1<+'G-1D4N>/G,>
M7BQ%XZ6`6*B`%^&\^/&6RQM%_'!Y%85I[,W2C1=\C?UPYJ^]X&,4?XJ\4.Z7
M_Q2%RWL>KS[PAU3\_(>\Y:[<\+>6@__?O>12O.\ZX/*VNWO^+;T4U?ZKEHM4
MG;5K8X.V:]8LAL:B8BRK&9-W*!8UJ6[4E6==MA\6]625BK*BINPRNW5QNDF3
MU`OG,J6\]E757Y4G6\!D$YAL@WJH6K&U05@UA(F6,-D4EK6%_2E;PU1S'%CT
M8;HRY.9WT!^IZG77Q`YVUZRWH__5]KW#^]U;[6.8'`_Y]AWT,:KHWS6VC=\U
M$Y[2T<B37/L]!?--0-80>DHLS"QL,..?HSD/]HA.5#=$U\9Q`+1))7WD4Z8>
M,_7<(;T)\S)`F]L"F^I=Z)K8YWZ^X&+>`VAC2^#VJ%Z#GK%[,,\6X1[F*("&
M)B"<S((HX?.+<@//ERB]Y;,HGF_]NN-NO7&/ZCCHV=A-?E132W)DN=A%==^;
MVL649WWUR(W[^2HVK5*G04]#,]2A>AMZ)G:C?V]4P9P-$)FVJ4)U./2,W>#Y
MO?$%<T)`>"SP9>?-W.,>U171LW'CYY&-I=#'D;N]*W:M$JA)!T5#!*+Z#WHF
M[O7\'@F#*>@0G?8)0Q6X>\;N[_P>68-IPA`B*FLV,;_<)'[(D^0#?^)!M%9N
MX%L_^4OJD[^)BL:I,(C<C23U2O^?&W\NPY7(PUXJ/-A#HK3#6E91)=V>C9L\
M&S;&*P**<ME[EA?-JF6_8ZIT)<]NE?].NSCR5["?BI?\+)92V7L<H"DFR$+,
MW:<I5<KMF;AJTSPM45+6<?(5)8ORG2(D)AI#=-TG)%5N[AF[O//'8'DJ-S'-
M&P+=(#?O^%)9[FZS6GGQBXPPMEI[X4O^X)8GFR!-]I&Q3Y7'^S9N#J6V?C<1
M\\+83UEQ.HB?*O`_BL<L*],IWO4Q)1YBZB#OJ.)\W\0MI@9X!ED&208XYA3%
M,,4>PN<@Q:@B?M_89:H_QK,ZLF&:/P32)-F^QGSE;U;)M1>'?#X-/^9Q2W[=
M>+$7IEPM>K(]V)7-VY<OO_)H&7OK1W_V259(S%[3A5S6["4JU870MQ'MIDW+
MG<#WO#),UX9-0U;4AY454LO+?$-]]=3%Y0LK:\7R:LF29<7<ZC28XP.2ZHUU
M&JH7I6\B"(YCG63GXL-L#W&J@V".'4B@-]9!J%ZBOK'K;AWK)3^FDBW2P)[2
MN$=+F*@T4!FM*;D2IO/3BNWNHF"^E^A4[U;?1O`A0L-1RE:.E5?*83_IDK;X
M)\MRBV68!PS"Z!;+J-ZNOHFH1<VRJH93-91RBE&8LPI"YA:CJ(ZIOK%01S\&
MJVV8(+5,N)U08U\O%GR65B\6J3R<AE>5>[;N\G"KR70Q7?-8S3[[93*J.ZIO
M([:2)2,=Q5[]UE>W`553B(5B]=6L?+?,5+[=+;YCKBQ(DK/E^X#J\1J8""/5
M'K]KN-L8N5WB]@!SET%"G"^WJ5ZU@;%863\&<&LDQQQVD!FF2'[P/I@!U3\W
ML!'2Z\C&'L4_-_>R##`?'`2K??Y0W68#$Z&^Z'RI88N3>_(&F.L)`M,^5ZC>
MHH&Q\%_?X0"#N6,@0J9(<Q^E7E"YLC/?:E$F+N[*K@3LO'PIBQ!/LA`:=X^<
MI[FB?\D74<RQ>[3WL9/JJAE8"0CFJ%6/ZA&JFJ_N\BVWQE1RZ=IFNT_+D+V7
M+]4K1^33/)B*JG3AW7G'=+W1RX#=ZHV8RP<R\COJC51_TL!(.#!'K7CX`F9'
MUVNRY^WJ>$[U.\P)!KGW'?4[JH=M8"Y$F*.F_#'UT;H@YC6$-&R@"\J=(Z+U
MR5<>WSUZ,;^;/?+Y)A!DN?02?R:,^<$/-BF?OTZXM]-0G8@#*X'*&K,#RO@\
M,1.IF4K.?LI+EBQ792O&9J4C.=PB)N9SA%`[34RJ6W%@)*B:22(B-#R6A4Z1
M$',$0EA=)N&0ZNL;F@O^]F-(/(J-0\QU!_%M@(W%2NXS]^2_Y?NO'N7]M\E-
M6#R\"6?!9L[G-V&^W*.[[X94]]W07L0Z*X9"J5U9P59>S'[*7BT6J=4D^>OE
MSS)*;KGB/3_/WA#S[$'2G'<?H'H%A^9"[[7%^1K&[R=\(:^<W4Z-(>:$A-PX
M;ZI3'9A#PZ$#?XSQ+1`?\ZA"II@F_B<9G*.'Z599ZFILKFEXRV>;.!;+1[FN
MW$]\JC=V:"\"HA5#G=H'U,M9KTZQRVOP*A+:-&07K*B(^A1PK`]@#F)(FO/N
M`U2?[]!<$,>V.+]_G7,RX5_1W2FV8PY82(_S9CO5ISHT'('RQS#?`O$Q#RAD
MBBGB9RM54XRG>C.'5J-C&K30<:POEN[4(=XMJF.>1DB1,Z4ZU0<Y-!IATRZU
MZ]8PN1+SIE8NF)L2LN%,64UU8`[-A^G\,6J;Y3?F`86\,,3O)B\FS';J5"[\
MVT?_$=5U.K(:&+0]`Q[54:S>Z>A47QIA_EM(LK?9EZA^W9'18*=.]9V:GF/F
MUF'LMF^7^@SF[X5D>IM]ANH''IF/WNI4Q_DQZ2`="/,B0V89ZD#%;W_W>2RJ
M_?AR[ST$_*O@K71"[EJHX]?A3%'W:G7G^-Y>174YCZR&FG7,JD?UNLKO14V9
MJBK+Z_K*65WS[;3CAJ/I3G_WUO9\M_HEYN2&W/R.^B75(SXR&LW6,2L>OFP\
MI!/ND^9V]S]\B]7VR1B7>A[F6H?L^XYZ'M4//S(?)M<Q4_Z8!IOJC)CG'Q+2
M4&?\52SM%3,B8?#DEGN!_R\^5Q<\Q=D_RGU]E<,'J?XDN(_J?>)[.QUU.\#(
M:LC>EJQW5#]3]=&=1M6(_937*;M4*Z_5SUO;):NG/K*JL?MHSXX#MSH1MHL`
M$NP-=B+J#H.1T8C$[G2:FBX#>DQ-AZ'W%Z>Z"[83`5+I#787ZBZ%D?EPR^[T
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M6O7'%-IL1\6<V9"A#734FW`6K?B]]TV>!2W^%':\Y8%T,NJ;1`10XO=;\</^
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MGD<7HKKC)@;B^YKL,BC[*]WC!"++G$[Q$W-E0:`;F?GS(4>;0MAQ&ZZ*&JKU
MS]\2B5T95+\BL4X75S&?^ZG,*>T<A>)'>:A`%/&OZFZZCU%\[<T>*V5?!5Z2
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MO/E/=:!.C)[S;(7O5;:;)+M37,?\L9`<Y\UUJE=W8OZ0YH\!WB;I,1<S9$FS
MI"__+*WRQV.4\,LH^DM9_?K;C/,YGW_VXK]XJGZZ?/D<Q5QZ+`9[64[U3$^L
M'M$T8)G]#*]\$E2&8_4N)E^6[5'-7\?T^[)?!>WE*YE\)QO\NUN,QMSDD!%G
MQ>C)+T3ONBK`RAK%((.K_&V0O@Z1MP)325X$_#,C+]&KKPJPM^CX,0;3:8PX
MU!$:-$OC0[<J37XANLA5`:TL#P[=M53AF).;EBH6K!+$K$?["((0/<BJ`"NS
M[6$[&TLZN+BQL6*M*AG,^D&/(`/1[Z@*L#=[O9TA`G&C(6`TRXIR&OX[#^8W
MX;;<\#5*?#E`7X3BD3K1=_GRT0^]<.9[P:\;+_9"\>[R6(-*)&-CRLRW7)X<
MY$48T*R$RLOW,I'H*E,%M#)O.6'6_1VAL@B3]91^JU>2#\OKJE2A[%UR*5;4
MEQ45+N+]YP=2BGKKHK*:5X(<%P56:N56GT3<80@MOZ<^272>J0*L+!6<,..>
MY8F!#DCJ?$[U/<05A]#O>^I[1,>=*L#>RLP)6_Z8!.D=$?$3(EQLH".J[>YZ
MC]'%_!\;;8SK;VL>)CPS7+(KS84\_NJG+X=_ZQ#=@ZH`>RM,8_9!>XGB:[Y;
MBI6%L:RTG,O9V1N=].*:Y6_YV=DO+<0'B%#A+`E-]`2J`LPMSVP2^'#Z[DV9
MO]91.0EQ`")$.$<Z=ZANP([Y0[8_!N5&6-S!/($0?TLLOOU\>2<W]#[QV#_\
M4/BD0_7\=2R<YVW4$E22RN)96;Z[],0\?!!NQ^E)=01V#)R5-4W'P\EXRSZS
M2U:EHYL3?@=S)D)L'><BU>?8.<KG:&QJ_S$^%G!"3IKP:1X.BO[[<$92'9^=
MHQR?]B;O&CLT1$W]3W>)B;E5(=1.$Y/J!^T<Y0<U-VT?3L13)NWL!S>G;,R1
M"'%UFH54SU_G*,^?X0G[^QX3,=<:Q-<2&\M3P_F%L7=BO2-#8O/P=O60B.2J
MK.P\S%P4'FW"E,^O`L]?Y7&G7\1KOD:I*-[W@G+!=,D74<RO`W_EAVH6E6\I
M+W/]??\9HDF'ZG;K'.5VL[$N<,7DU.Y6/:1=WM:KV_)>-H:I#IDWYUUQKJEL
M$5--*L*7OZ@W%ZVJ++W?,=TPY=VKM$Z=?%K)PI+"Z7<?;5\9_/O-]7^XY=3K
M8$X]R/0?0X"V%M5/V#G*3VAB!>:*B4F+/:2_Y]V=Z>XN6E)T=TIOSSO[JXZ^
MW:O=.M!;(5FU3[?EUW2%<+5]FNHJ[1SE*C6VGG7%SC_F\M;Z/>8`AO2VWN^S
M!TEFR?OH5E1X+I"0SDAATH]1G.U]FCX$_E(AL+?;=JDNX>Y1+F&[JW&2Q9KL
M@'E%JKT@KPO+*J-"&^6;URKU<:IO=#&W,N30&^D;5/=S]RCWL]EE:M-]X;15
M)J4C.-4/,/\UY,L;Z0=4/W?W*#^WA:7=CXFA\0Z!.=$A<:QWB-=[X'GUWJ!7
M2_9]W8#J8N]:#0QMW$Y-]@.P]9^_NHWIU:>(6]S'G/60+6?-?:HSOVLT>G(;
M7#]M`70LT9WB.>;[A\PX:YY3]P9TS8<3_C&P6R,\MLT`4L0ZX5\=WE,RG+Q3
M6)1P]2@H)*]%*=6Y:?A;N/;\+.+AWAY`W9?0M1K.U[[AFNP=X#1C42-56%8G
M>8:RXDJ9RA.5LEY9%$FWN@RV%P)RZFUU&>J.AJ[1",!.=)'35DN-]`^GN@>V
M3P#RYVUU#ZJWOVL^:+`3?>3'-++%&=A/VO>][TJ=AU'8WR&HKO*NU?C"!BW4
M9"?8EZT(%N$8TS%O,V3(>3*]1_4N]XS&';;+[-.60(?3VB56]S`_,63#F;*:
MZA?NF0](_&/0-DIOS/T+:=$*O7D]DGN)377T]JQ&-C9BFZ;9S7?SVRU:8TY<
M2(JSHS75<=LS&H_9%HU/7W_LX;!3%,9\L9``9T=AJO^U9SZ*](_AN&DN8_Y6
MR`3K7/XJJ":>JWLDY+^BA\QY]P?WEX\IGW_<I*)0Y=G[ZKW(LK3/,=>>]K*=
MZH7M68U4W9+UFNP:6:6RNT'$#W(G?Z5N[_/*,5V[S&V;UR_SZ)9A-5SJ19@3
M%S+L#?8BJB>W9S2VM#N]YK2%$>@RE4JQH[J+4[T%\]]")KW!WD)UXO;,1X-V
MI\O\F&B0KH/Y=B&MK'>=^RCU@NLD]5=RPU5IO(^B^C<A#_RE_Q#P\I3CYRA.
ME]Y2O,7;?S:@1W7N]IP+^=RPY9KL/:I"K*A1=0Z1=6)EI;9.>N;U8JIB;G4:
MS-$+2?7&.@W5`=QK/:RT^4YRVJKLZ!["D![B5`?!_,.00&^K@_2I?N.^&X&J
M?TPE%GM*'_,Y0R;9ZBF;U<J35\GK"]YO5FO/C]4:MCAT^$&8^TF%,SL\;%R?
MZGON.Q<2FV@I<J?0KU=Q,E0%6*4&U7.9E4HX&XJNCSFF(6?.O`]0W=3]UN-N
M-\_Y(Y9+)Q#>S3"@?<Q?#=EQYFRG>J_[;D3V_C',-TA\S,L-B=(`\7_W8E]N
M)+\)!>X\2:_#5%WN=CA]J9[KOM4PX`>W%^5CGIOEV5F>WUDF83YFB)D33*)Z
MA?M&XW93F+.#-VY.O)A/%>+C!&NH7M"^^3C;W]V@@SD9(5`&Z5,L1KZ(ZE8C
M,-Y<)Q=)PI4G+#^4?H#WL$_U'O:M!K5NVBQ'\[*R&GOU*AD04BSEU,OTTJY\
MG5LDQMQ]D`?G1&*J+Z]O-"RS!=+NH.PNQK(;5LM9IRB+.=L@ZN=$6:HGK6\^
MZO"/P;8!YF)>,`@^B;DR3O&ML`JB4-31;T#U4PTL1<_=T;8JG60R)M/A,DGK
M-!A@+AX(@G4:4)TR`T.!8M\*[)A7`QK=.NQ4/\3`9%S48["/)?;1@LTT]KY+
MV&,:/[3\Z=AGXV7^7R^<JYGSY29<1/%*#:/[5B$#JD0_L!$9](B&%@3)TK)*
M)KVP>&&5;"ZM%`:8-`X!:I<O5$U\8"*:YG?"#TSPAH"TRP^JTCTP%H7R.R$)
MIF]#5$XFR=8-,+GSU..9U_)"AES8!&GU<A@_7/[NOT:[K"]5Y!Y8"-IX:J-S
M'KVZ6*;T_5Y<%_[>"Q4P0A2S?;N4*$A]ZK9/+$SYANBY0RRJKCTP$-K0&)$\
M?A"1?-X^CS#Q&8+E#H^HTO+`5`Q`&Z/23Y<\Y`L__=G]\0E3B"%XI_,JWV]<
MA"S,@A-.TT<>U[*'JO(.+`3,V]VT@B[%ANLR:&,>GU$E;)\"F-0*$;!,@2%5
M:1T:B"3W5B`?8K(JM+AMR*FJZM!4F+7#<'<$6TP[A:9M$-O*`>+9+.9Z9LW.
M&D=!P/6M1K6H4T75H8489*<V>M>04#F`4Q2A;E#(SD&7I;3/*4R3A<"YPRFJ
M/CLT$`#L>^<0IM-"H-SA$%6S'9J*P$4E4LF4R$VF8(HMA,,,4Q;"SC?A+%KQ
M>^\;KV<'5;$=6HA8=4Q#<W)<>7'\(C]//76/,_,2R1*QLF$/7J#&G.21\Y3-
M,P^BEUWWS,6G[TP.3FG$'CB+]8O$OS?AG,>J`/'"E2K-+\8O00>E`"?,D_41
M3V2%6"IK]+?VB8BIPA#Y=HE(58*'!H(^G4*\?=.;XH?.QU3&]NF!:;L0CW;I
M0=5SAZ:B'-$X4@XA<>56>CB(M$\23+B%J!@AB?Y(O0DODF2S6N]>[5#UVJ&%
ML#Y'MO7`D47GE)>E5/*VSQM,F(4HM<X;JE([-!#9YKOB":;>0E3:YLF(*N>.
M3`5X.9$LN:#KNT6'$:;L0N,;I4-U,V(M'ZA:[\A"6)-C&WOT0+*U%[=][F#*
M,02J?>Y0%>.1@7`@WQM7,$48`M,^5ZA*\,A4,(U3"5.9>+8HX<#<@RF\$``S
MG-@OZ(ZH@N[(0F"*`]MXZ.CAD*H[PE1=B$EK[*`*NB,#P2;>,!LP:15BT!H;
MJ*KJZ#!5=:+9$/*EK.NNB>.+3G(*+2H4^*GR^.?V28`)J-#TIY-@$T=K?OUM
M%FSF?KC\+?2%S?Z/^&L>K3[SU4/]5I01538=60COL+]YQ<"@4K*?BK1,)V99
MZI_9GSI#^SOQ1YA>"N%H@Q-4B71D(%K"T1RHHX!##,"43VC\-AA`%3M'IH(/
MO,VA`),V(0:G$^';C"=)'C_ARDL>/P;1LXK0?,=GF]A/_7]Y.Y<)8ZJJ.;80
M#N#P9A8<43G*R!(R#U.9=*CH5]E:)\H8$STA-FT2A2IWC@T$#/@.B($IFA"+
M-HE!U3+'ID(*',^.6S[?S/)]95Q3Q<^I,I-462BJ2)!8XAI5,$$3HD.@BKYP
MLGJPB,]_]^NW;HRITN780I"!^F;EK-#W#O#\ZEBY92P(=H4OVHI7]/"BMH[%
M?!W%ZM045^>(VZ<+IG5"Q&S2A2IOC@W$&-A/C^).X:WS<3)2E>^`I#W&1$MH
M:9LP4W7*L:E0`4=@+2//O(Y*UC[6F"0)S7TRUA\]/U:WX&&QWCYS3P9VFT_#
M6SDQQF*HN_02/_DMC!YD1',=3VZ]2:68%\Y$+C4&W_-OZ:6HPE^U=*$*F6,+
M@0*,6J:8AQ[]A&5VD?.)OI<P><<6D=Z>O!"U8$_JFL*5?J=**B<L'2]/AK$(
M*H$>-XF<D!)_&?H+?^:)M)M*G<321U0J83]]XD_"XKV?WS%/;58LZUCLK.9+
M/PS5IFOQ"AZJS_)LN[6H8,+7G@S8%+RPK-;R^2SS`\XWTB2JG#6/_6C.O#2-
M_8=-JFJ11KIQ42#67B+A_V0_=7X6O\I)>>GYH>B,,0OT1=FY);)R?HJY%_C_
M$OU35FL3YO_\659I&4M!6K\Y2C@HRP^EOJ!V:C+NQ;)UPA;B^:ST7X8\S6PK
MC2/>X;$Y3V:QO\ZM\_PH%@?-O(%Y<;Z.T'ED2Q/!P@+F;-^H+,(3Z]@G'17Q
M?[&?NC^SM>@ACUZBX/`"^1\_23890++JXAVI)I>HA'BMR"=__JDGC!U[8;(0
MXZ1\J_RQ_"':J#=G%&$_203X-V^U#OB[2K+Y1@%9:9BL?,XU?0.M**9*1<V^
MG]O?1#_&1'XX+)W9L$KU#XP-A,FP,HS*EV27N=;$O\W?Q*8A*][%U,M8]6U,
MO8YMOX_]*=_(U"O;5R#'F#,"8G]FW*7Z,<:F0G-8(?#TTX?B-/Y-6`R]^\A\
MD;(*]06U+UZ3NWVV8HX3B#:=K9<OU17^73Z'BI7_5"P=M*!S\<VO_X:A^E'&
M%L)['-U:9(2\?-G^IBTSR\_=,CO[4Q;@P'B'>5P@6NTS:$)UO$P,1`?Y'ADS
MP5PO$!T'&$/UP$Q,!1?Y+FF#.68@1'3:E#'S_^#^\E'8YN))&$-NKOUO\=%8
M3Q>J7V9B(2K)P:U$&%-F><?R3"S+Q7X2"R.5L?T]8A/,+P/1:9$I5#?-Q$"L
MD6:8`8F1\Z)]6F#^%PA%B[2@NF,FIL*'',T-.#SX(7MQ9'C`'#30]G0>?"XE
MX3_\]!%\=2;;GYW;WZ@WX<<H%E8,K[]I#4\F7H923%5!PZZBU3KFCSQ,_">N
MS[U/X^M,T]1?IK4\H_J#)A8"D3AC162XJU2)R3HA&E7R6J1Z+6N)83&K&LOK
MQLK*Z:!_;*MZ>22+*&9Y#=]E&D3[?0ISA$&>O>$^176:30S$5''&:L[UH6G9
MAYSI0IC3`]+J#7<AJH-D8BKNC#.F*_I1QGJ>LSXN62\66M.K&SE+\&*6\!RA
M..8;@;"?,\4KCH!:GE.=*1,+<7/<,J5S\\?6&JQ2T?:[&.;0@8Q[ZUV,ZBV:
M&`@QY);IG.M2U2694ST*<W!!@KWI'B6,1O.>Z0+>ZN(,ZU9'KM`"9QA?A:I@
M/$8`.N/S:R?O-FNYQ^XB#'EM7$I1`YH[3A=@;=V$MVUKU-4;1\LK-1.=E'DZ
M+7M^]&>/;,X7?LBKT7!C%F\"N9E4A<G5J691$'CBN1<P,0JOHT2*KW)O9K8A
M4.Y'>>#I,^<A2YZ]-5-18'B\]F*U:26-V$JP3P8,4*_*JA3[R5_,$_\O1WAU
M".??LIV$JRCD+_\F:A?[3Z+Y8AP7+_65Q[#M#815I*L,-N`K/)+!-`^A+L#8
MLN0`QF8[F8H+@+.D+$O;/N[0\X=9W3KN-'^?+L#LY'G,<(6!WS[TT+N'&;X)
MZ/.SC#R9AA^X&O;D@D.>3XLV8I6QW`2RT)>+3?H8Q;N75327GR[`XIQV0M/Q
M`:0L2&Z,S(K27QU98:PLC56*:Y]HT'V(X>@:T6@^/UV`P:GG![$J%JX2RX`/
MK5EBT1Q?N@#3<QN57<74EY3LBD*Q^-7L>I;L>LK8%9?L\EQB%W0O8>`URRX9
M9')^R8/H^29\XDDJJ_)K[,VYM'ZT27_UG\2'Q?5BP6?I?93=@#E=_+KQQ&=+
MRGGR-8Z>_+DHX^6C'WKBX]T+LH=1W3X:T2J:(TD7T,JD:M9>R(`9;0V8L3X_
M+]_/_*(";"EKH$@NSYXM51T85Y7(SPH^Z*K(\I9%9=@ZJXT\DK_(ZY,G$!5R
MX$,1>J0P_KR)7D%S.^D"K*P`K/>"[66#>CU3[V=E!9BJ`<NJP'0=F*X$NX]8
M5@U95ED1EM=$[K8NZL+*RK3?`:"_"*/*F^@`-*>0+L#>2L5B+\"6-[;G@O9[
M`O3S8)QIH">HH^H72WT<GA>_?XJ\4/HHN*]\%G4T[E`],1T+`>2.;2PV*.L3
M_476ZEE*E9N5V5LG3P=SF4"DVB</U8?2,1!4[KLC"^:=@,BT3Q:JNZ)C*M#<
MJ8S15(B+W]]5(KBT3PO,>0$Q,$F+<'G/X]4'_I#>A$D:JT&]=CW5H7HU.A:"
MS9W:Z*/'&+$,DL4P60ZK%-0^K3#'",3.'5I172(=`T'I?M"H@[D](%;NT(CJ
M\.B8"GI'Y5(1![,(E,I5@$L61JD,+>72E(:Y-"`R39'F*KL:>N,%TTV:I)X*
MB_8U]L7'YMH+#EWV4#T:'9OQ[TYI>?VH5"F'50IB14D.KJ8QQP;$T#&.45T4
M'9/!P'YP"G,+0,P<XQ15X.\8#])%(1;\=IM5B!55B+7.2VJ?1YBZ#G&RQJ/C
M5E!4O;QC,^06Q0*TL<O=)3NF:$-4W61?ERIS=TV&Z_K!-L"V+B:!0Q0=91M5
M%^\:#_75!.7V?3JZ/Z-V,>T<HG<ZRSB7041ON;]ZV`@,=K.&*I!W;43\PEJT
M?=-&M&`+KJ[14#<]\KD*ZRT/3_DSZ;KEL?CW2I]<$B"%^C9(O>UMQN/4$[_[
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M]F(KNV[L&+:8N`]M?#JVKS8@<7[%Q9A;BRY5N^_:"%"&MZF\V2R_+D2-T_+\
ML!>^_$>27]+!DD?.Y1UG<?RBKO%8R0.9^7P%=DAQSJHSB%ZFB1E;OE)OO/+C
M.9.G.5_RR490\F_L7F[(VOE&.:?$OKP=0]WC$?.UY\^W)BSQV\K?K`KF5F9Z
M=4NT6E&*]8#*J._]4'_J2S?:)S?FA(`4LT9NJGNA:R)2V&XR@ZVK@HXJ0?O@
M8NH_-+$U<*FZ?M=8#*O="#N")J:[0YLVB.:OL1BD:M&D*NI=&Y&:\#;9G(=8
M]!#(T`'JBT9]%9;3D<^S66@I:W747+0)LX^B;`(2\\T3#S>\^/B1$XR^8DO]
M,?_')ON\S*Z.9++EL?CH+&[&:I_AF$<`\LP:PZD:?]=$H*3=C,8F(Y6@?7`Q
MP1V:V!:X/:J$WC,6LV<WPFZ@V<,$;6C3!M&\R4?67.5-K@+/7^7AA5[NRLO:
MY#@>A5Q=]:"O)KH)+Y)DLUKON#M:5)^J<_=LQ-`Q:)A=@TCQEL(1DS#UGB(>
MV0NKO(F5KU(A472<IYN055[7/HDQO1RRX+Q(3)7=>R;"Z/P@;7.DQ11DB/IY
MD98J1/>,Q0"RP-RK\AI2SR6B89HV1(I`M#A)+\+YG8P\./_D\_!V]9!\YJL'
M'M<2A2IM]VR$!-K1L'*T$FF4)T.G8C(9D^G8GSIEVY=*56U5)4"3PO<)!*"J
MWST3H7K>"N"8&`PM;A=PJB+<,Q9"YW34/U_>.80ZIA)#L]-05^81S;[-1*<]
MH%.5XIZ-(#7U[=J"_WV)>9[*(?`Q41F:WRKX5&&Y9R(6RX%@9QV<?6:7S$F\
M,8D56MPJWE29M6<L],B;Z.&8[@IM?C+BO\9<QE:^%Q\Q'_TG_I4+G,+T/OKH
M+\374IC]>S<%^E0QMF\A;,<Q#<WI\4%NA/,?-FI+X'8,F>=''O/*>409FOI!
M1919>?%?/,U^?7AA2_UBN1TN9(-_ESL:.H-_;W\O6Q_3@"&4[3*+JNGV#<3T
M.(5)61XF,S&9BV7)9'RM+&/QDS.#3Q]36"$F[5*$JICV347R.(4G_V.9_B\Y
M2-RK0<(A)F"R)33]R4PHXX`E5UX<^WQ^D59NO]A)`*KZV+<0J^.`]N44J"1E
M65IVD59#*;C#"DQCA'BTP@JJU-@W$&KCC;(`$QJA_5MA`55O[)N*E/%&J8!)
MD!"$T[]/HYAGEW3O`9ZJ._9M!+IXW9KJ#4OYI?/N8(L)C=#.%K"ERHM]$P$F
MS@M+3#>$=K6`)54M[!L+['!>@&+"(#0N"=#*#7(7H;XZ[D-Q15;A::\<S;U(
MM7HB#U'<1[_?7._A`E5)[-L(RM"@(5Y?J%?<*BD]3OHZR;+<2HSM2LFL6K24
MEGYG-^S:(5YB\B4$VFE>#JCRYL!$N`:7>7CO'`\'F-@)@76;AU0Q=&`LD(,!
M,G[A*?O5\\.$_?1)';;[65YZ5$>^ZM>09.UK*K\7Y3O$1DQ7A?">KJL*NTFC
MR1N!<@B2\M;7FU#?\EI+-*JD.K`0^^'`-A8"O`SD(-/KJ[.*'-4;G&_"[,+F
M]@F"R:T0EM8(0I5<!P8B#[QM0F!**X2A-4)0U=:!J9@%)[#B/W^29^Y^?G6M
MM:^O<E=7H^4%M4\+3'J%8)!H(4,^Z!GXEGN!-(?XX;<PSOZ17Q3^(5J)Q+4$
MH0JQ`PMA#XYN;94U.K")SLKRO.JW,C?+L[,_=0$.+$4PQ1:BY0"#J(KNP$!L
M@>^2,9@.#-%Q@#%4G7A@*F#!=TD;3'*&$)U.FR!Z\(*OFX?`G^FOQ#W2\X`J
M/0\L1$"H;57!")6`Z139Y[%#NO0`TZ6AY2VB3A69!P:B`IP]RIC*"RUM#^4A
M5;(=F@H/<.Y0#S$A%9J;"/5=&F]FZ2;F\\/@IBJC0PM'_W>V[!7Z92H'&8")
MEQ`!RPR@2I9#`^?FWPSBF!H)+6X9<:H&.31UZ/P@V'5TXG,`'U,>H?&;V0.^
M2%\.VO0]I.J-0PL'R7>VS.`1DU\<.%PRQ(1)B)IEUE!%R*&!T^<'L>35\1&1
MS+W#(D-,280FMPPY534<FCI_?A#N^CC(+PX=!!EBZA^T,@'E*$FNOZW5_KHK
M%4Z>SZ?AU>HA4:%;^+SBQZE%G:K\#2T<0#^JI5OAXV0,2+W_<)9EDVXIF5$'
ML!3_+GU4[4>B&6+*'X2H9<I0U<"A@6/K!(KDN5B>3;JY%46RG%6?=_L4P61"
M"$G+%*%*AT-3)]UM#24L\>6WB3#O+^U3!M,<(40TRF3Q`&YU,'BQ*)^&OZD`
M\-K]4L>4$55^'%DY$+^_@=M<R4(.O\N#X\N/%,$6MT+BCS"!$@+2#B^H.N7(
MR''V8WF0)69E:CFYZ/298[)]&F`J);1_.S2@BI6CH\1*?:?4=3C?-9D4B8B<
MX/I6M2PH^;LJ1]P;*C!=$X+3#D>H\N;H*'E3PW^7>G&ZGR4J&9$G#WSIAV&5
M*DXS!1-!(43M,(6JA8Z,[;T\@AUB]:JOYZNN+19LL9&R.%M[+VJG?_M$P'1-
MB,#I1,CCU,[+4]\7RYCKR[2*`^*U7*`JG",;VRP/:V,Q;A3)69F>E1DJ1S_:
MIP>F@4)06J,'50T=F=A#^8;I@(FE$(36Z$"524?&-D@>QXD*$;PB5?OH8[HG
MM#D=_6EY1=%G[YN_VJR^\#27@VK!IPJ>(QO;'P]J8DZ#[`E;1ZDH11X2+&]\
M>K608#]MQ(=*,I./^?QG=>52=@U4%#/Q<S`72U2Q&/GGQH_U-80K[R]Y;],\
MNX*WO#1*9.#>[%'>`K59*Q^NO_(#+RZ3),Q;2/?=3R&7E9%'2^8;?=&PO(VX
MK&]E\:/?)'^0=VDR5:M`WIL;RRV^RA1L'4=/?B*-TK['=X1)N)!D;;&=JMV.
M3&S[/(K=Y;T8E>0LY[P\+IOG:)\+F#8+(6B)"V.J.CLVMCGTI.$.#'+ET.3,
M=],84V4A$*?'"%NMO5DZ7<`+/W;O#QA3%=FQA9VC^QI7+(-4.GGW#7:;CC-;
M",:8-`N!L,\%JBP[-K"']*UACTFNT/#VL:?*K6-3NTG?&@$P)15:GTR`+Y$,
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M7RFVJ*P4"Z4_?28ONW1`+1QCVCBD7YM]@:J/CPUL""9P/\^B@UKEO/RD]V04
MV=HG!B8C0RS:)`952AZ;V@9\"CMR(@1Z@Z=#1,`T9&C[%HDPH>K(D\-TY(DF
M0LB7<HK8184O.LG;(\,$DX^A_2V0X59/U/?1U[T;LR94;7EB0UNFM/R-++"J
M^PZ=6B5-,*4<TLHQVE-E](D)&;U1FA^VEF)943(<]E>'ML9/,`T>HN88JZ@"
M_<280-\$M3Y4!DZ_=AZNCF(N;8^>8*(^1*Q!1DGK7<S_L=&[ON3FX3"I[#&N
M91%5SY_8T/./;>W.\4F-2F5FEN6N',QHGSZ8A@^A<H`^5/E^8D*^_^[H@DGV
M$!H'Z$)5ZR?&U/I3.7.E;E.0AX/9IXMKIUB!J>L0@099\86G*AZKGLFG(7[)
M1;%9^2*<O[HGHY8W5!E^THH,3[;'SH&IO`\D"WU+N`W$@2\[3/^&N)\%6ZE"
M^<2*4'X^[&R?G)@&#V$^"W)2Q?J)/;&^,89*,OZTE$7]G'TA2F5K4=#1K]#1
M2ZL1YJ3[<)'1D3M#1\P3`($]`SIV?B&Z#%0!%ET&/RB)4K("0TE)!-S&*'D?
M78G_O_02/S]/7??1T?F%Z'50!=A>/"+MJY]N[R,F4S.5/`\HT/H'2,5N54Z8
M$^N/X011DE<%F%ZBO0D.(-(Z8OU6.$`4T%4!5E9".XAP,9_[:M^?=.-)_!\4
M_EE@JH3YBWQVB;F\]D3.)6ON_<4"_L0#!_B!".4(,@1^Y#O$/D=QNO26_)/<
M*+;S[$/G%Z(HK@HP/V/L:%DY3A0;Y/)43"5SYOQ#Q595!C2I=9_"`**NK0IH
M?GYX(X@C<C5B<<N($Z5I58"AV>"-P([HT8C9";`?M5NM\PM15%8%F!_E=V]1
MNSIR3Y%RDI?^]'44^+.7;'N/^K*43@R>N;CJ-AZUKA973%_E4I-J\9%<(DJ^
MJH#FYXM#MS>ZMNFY8HXJODT*KD?B2U1-50&'XWM"@,I]8.\.2NGN3M>*Y:I4
M:%+L/(X*':IBV3DJ6,:)<2B/HP.,/>DR(SJ8U@AAL<<(JL#8.4I@/&KI>*X;
MW"LVJ8+<I'AX),A4Q;!SF&*X[:A0EV(=X*U0Z<X><DPKA':W!SE5(.P<)1"*
MVCQ$NWMVEN3L@<9$/VCMQH&^".?9=JV;L!)^=W%`4.%.AZH)=JQH@J<W?#]O
MU/?AK-SOMAV8>"L^=?M?B!U,5H0@NL4QJNK8,:(Z-LDI<"1$[O?)]U#>A%LW
M*"S<ND&A8MTJI9K4+0U0BBIK=HZ2-1O\<#V&7[L_;M7BJ'WV8/(GA,<M]E`E
MTLY1$FG#W[JG,PCY'G:$1)CN"5%JA407LUG,Y5)DNMA[$J#3H0JF'0O!EANW
M1J/S(2M>(1^Y<_"@`DV5I.;%V^9)2E5].P9B)/\@Y6FDQ&1D"+#[I.Q2]>>N
MJ6#-QIA9<BIRBE-=3(B&^+3"*9W@)KQ(DLUJK0)GUS**JE]WK6R0;=06S0YZ
M.IE,57E%^_3$)'0(MO/TI"KO72-[=7_0\5@Z8O(^!-=Y.E*]`EUSVX:-<+)R
MPMDI.F%.!`A.JW3ZD%VH<^NEM5ZF+M6QT'7<L8`9P]1XE[^#R9>T3U',!P'Q
M=I^B5+]$US&_Q'=,2<R'`?%UGY)4OT;7W'9M,[RL3,-;E')@)L8\&Q`@6YS:
MNDUW]Z;_+M6_T6UQ"_CAS3]@:/,J0YN_-;1%KRZR=^=`01=SAD!(7>0=U?O1
MM;A=O%&>[9A"W>49YL^`$+K(,ZH#HVLNV,</LN%DP_P4$,?&R;:;2#VJTZ%W
ME-.AV8GR8+XX0X(>YEB`&-@F`=5/T#O*3T";M<X0=$RNAS:W#3I5?>\=I;XW
M,(6<(?*8,@X-3T=^NA9-UY?H[@:=JG'WCM*XB</]ZU9!Z,L4#H&.Z=?0\!9!
MIPK1O:.$Z".']S,%&5.`H:$M@DR5<GM'2;FG#.=GBC0FK$)KTY"N7AFX#VBJ
M0-H[2B`E#.%(H[8@W[HHTR7$,=D3FMT>XE0QLW>4F'G$^'VV"&,"(S2S/82I
MLF'O*-GPV,'[;&'&]#UH:RK,-_)"RN0#3_QE*,_L7B17@9<D_L+G\T]^DN[!
MGBKE]8Z2\DCC^6$M?<T-G8N5V=A%PLJ,3.9TB#283@=!:I<T?:ILUS]*MCMJ
M2O@>2-+'=#P(2LLDH<IZ?:/A*QIERK^]HLJ_.<053/Z#V%"Y<O?LK?<L,_I4
MR:]_E.1'FFHJS7E-`/7((7PQD0^:V@:^5'6O?Y2Z=]2L<$9X8OH=-*T-/*G"
M7?\HX>[X`?R,0,7T.FA?`JC".#Q);\)9M.+9I5)[T*4J=OVC%+M31^/:=I6(
MZR1,IV$_9:E^=@A]3,.#]K>*/E7&ZQ\EXQTZ5A^-=GYKGCM88^H=M+95K*D"
M7O\H`>^H<?Q-=&],SH-&)T,N=^4>K.GUJ9I>WTH@A!TM`PR0J=Q4^OJ8T@<1
ML,P`JK+7-Q)EX(T@CLETT.)V$1]09;F!N2/\;P/V`2:\0;,W`KOZA+D6[9[/
M^7P/\%2I;6#EI/W.MN$LT-]Q>4J'B("I:A`&ZT2@2FP#(V?:WQ+PF-P&S6X=
M>*KV-C!W>OQ4]-\[B#XFSD';-X?^[S?7>X"GBG0#*\>\ZYJUJ_/_SF[8M4/8
M8QH>-+]-[*D2WL#(^>FW@#6FV$%SV\2:*M@-S!U,/@'P]R*10W!CHAVT.`WN
M4(V'7A"\?!`?-;'V%N\!G:K<#:R<(][=N"T6E.E8):%#3,"T/`B#?290Y;R!
MD9.];PEY3,.#9K>//%7&&Y@[:_N6X,<$/6A[`OQ/8@:4[[KCLTWLI[X\BOQ;
M&',O\/_%U1'DKU&B+MU-_FLC?DR5^"5C<@21=&I_V4A+31=%JH]1?!6%J1]N
MHDUR_\R#)_Y9_/OQJXIC7<>G(54D'%HY<FO96CE7RP)8S)=>K"*^+[R9`#EA
MFT3?63CG@M`K/^0L??12=2NBOUI[?BPK+&.))D6E61BE3'"$+Z-85EQ>I)C&
MGBJVDNJG1RX/H/!_BJ;(-WA/GA^HPX2+*&:)ET72>.2!JL#*2V7.ETH1/[/G
M1['(8K-(K+/XMQGG\T14W(_9DQ=L^-_8_:.?,#_E*Y%$F-H/$S8O&YM=[A@J
MJ\E_^04";)V;4$;P4(TMGB6E+?+;',4;UE'LQ;[HZ=HJ+ESL.,2$6]@5WD#W
MIDK!0R.'J5OJSN6+6?EF&;.A?+<^OUN4RRJO9Y710%=`!N0JDXHZL+(23->"
MJ6HP78_V>8_IU)`C;X#W5.5[:.X\>4OD_U(,YI691@SAFY+[ZBJF?'Q7<XVG
MIH>,T9TN6RDVKQUA,R:^0^1/9O-',5O]+J?+2QY$SY=1])?ZUZ_"7@+/^T<O
M_"B`$5:>B>KL7K8/J8+\T,)1]Q/:"T?6A/WA"XJ\'E'ON(R)(]8H66E,%L=D
M>2PKT(%5`2;G0^2<X!-5YQ\:.$5/X(_,RE1JIC(SF3O[H98Q[GPN#C%G`,3(
M">90O01#4T?S"?39HLC@WQTB!N8Y@!"<3(S_O0GY_7-T_RCF9_%)J"?_^^A+
M]*0,`![MX0;5JS"T<)K_M";G3)&YQ=(\8GFB?)U^'[&\"/2Y.Y3"O!,0.5<H
M1?59#`V$"_CN*82Y-2!2KE"(ZNP8FHI'T`"/A.VZ6\11/[C#%,P-`@$YF2F?
M/'[L?=E#J@=D:"%$P8YV%9&VO3A^D<*OMU)1MKTDEUVSVR!9\LAYRN;22RZ>
MZ#BB%]>,ZR,/B?ICEA92:W91LA/Z*N8^@<#9I,V(ZN@8&0A2<`!-1!)6'UVP
M=:1'F)(.;6T5::KF/3I,\YYHI$.^E.?^=\T87W22@R$7G=ROO1^]?<@Q$1D:
MG0)Y=D/NG@,.(ZK(.[(000"TIHIR_L2="7^$::K0T!;`I2JF(P/A`^K!%*.T
M@V!B@B8TK`4PJ7+ER%3L@'/KGIC0"*U[.J*^]^`'RC<T75Q%81(%OER`SG_W
M]V),%19'%B(('-"^@@!E4NGGK29FO]]<NT0*3&2$<+1""JJB.#(06*`I$OA.
MC0R8+`C-WPH)J!K@R%3$@;<Y'&#J'L2`P(1_;OSY19+PM/;ZTA%5LQM9B#=0
M;4@.L]H7ES5#?'6M12V54UOJ,H%*+YW8Q1Z)3+$12<3/[2./J740"K/(4^6Y
MD8$X`QC2^C>F?VP?.DPQ@[8T"MV8*I&-304,V(&?YP9^8TP'@P8]';](NK\#
MGMSR)Y\_\[G<9?,U2N7(XP7EG5.[9^(Q51H;6X@,<%Q3"SI$:G>(R,;R?'HG
M4I&S>C.7,Y/U&!/3($QM\X:JM(T-!!+XOGB"Z7(0EK9Y0A7MQJ;B#GQ?9,%T
M/X@-B2RW?"U@?/02?A6M5K[>^UG+"ZK^-[80EJ"V5>6W`:^<H9%K_X4?>N%,
MTL`/DS3>K+)O!:_R[:`^$&)_^9CF7POW\29)F;>4IV[TXX0'`8__4ZJ-_HS'
M:NMU(*J3E?4LC_*HHT/1:AWXGBCT6;)0E9R_)[NJ1NXW>?;B6"12]^KJ5\K"
MV":<\_A9[OP.E_($4%Z31R^I5%*=:%K)8HKC3*DH+5GP6-1*O"[P9O+0#P_\
MI2_/).F*J@IYE1JJ5^H<F4GUF:(H?+^=J'UW]1A352%G+?87JI8Z-A#*86__
M4*-EF8)5DK0/,::10C-;A)BJC(Y-17`X#.=*MYZYA#,F@T);-X_SGH4150(=
M6PC=L*=M!W1SAY9`F`@*4;#.`ZHN.C80N.%-X8Y)H-#JUG&GJJ)C4V$;WA3X
MF(@*34\"_TX,F)ODXIM?.[-/J#+JQ$)(A>VF;*&L?V9_R@?M8SK!A%5H8M.8
M4H73B8%S].>#(29R0I.:QI`J8DY,G0D_'R`Q%1+:M0$@/T0KSP]KH:3JC!,+
MQZE?-P;%53]R`%E,,H1F-H\L52F<&#C8?%Y(8F(6-*MY)*D:UL340>/S@A,3
MKJ!M"7`FR44X/W@K[X2J6TTLG!&N:U2)=**5<C=W^4XP$0L:WA[F5/5J8N`0
M[T$87TB,G=R;/\$$*FAH>QA3E:F)J5.VAP/M9F?&%"EH;3+0\C_S?VQT%)[L
M6JS<&I_\D-^D?%7_;435IR8V#M4>TU+(#O5'D:^X*ZYDC,S+5&8'6(-)61"E
M5EDC&D5CC2K`U+SP';"D8K^2)0@J+;.$J)VI`HS.+-\%51`-#H'&*%7N=QS;
M[OY"E.=4`2Y,0?=;9[D/9XO*YP!1$(T/`:=%HA#%/U5`&[/.N1,#D0@1,%HD
M!E$[5`6T-M&<.SL0V1%!A,0.7FO$Y)8'\BC>?70Q2S=>(-)=9]%QOGHONS9B
M=7\AZI2J`!OS#JGU56+QG=226YU5:3(LE2Y/)<]+9'F1[5,.D481.!VD'%%#
M5068F,%^4.PUQ1`E%H'/08H1)5M5@+&YL$F>Y3)^G%$JC<K`:&MG>(2HO0A&
M1![=A+--'//YK['XYW1QRXLH4K4T(:J^J@`[DU]]XUX1(D_(5$IY`J*2MGTF
M('(P`H-])A`58%6`F3GI5.2GCB&/2+J(V:TCWZ&JN)WCCGU'J1?LG"ID@J/@
MUW`'F@1^EKQUO#N8.`N-3<([GQ/E%2">:+T\G)A_&M;B3=5C.U8.@>]NW-:'
M<C[-JW-S,YE4'T>+L\3M4P$37R$.]JE`U5P[1LYU'P%]GE#?OJ2@5P=T;YV!
M'I-3H=WM0T]543OFCFJ_J:Z/J:;0^"3\<\M<!9Z_R@-5O>S<[]'M4,72CI4C
MV;L;MT6%0A)5*5F1U)FM(!635;G0K$9Z$A>H$FC'R''CMX4])E9"P]O'GJI%
M=LR=0SZ%`#^]8L#/#E$`$Q.A_4^FP&?OF[_:K.0V9C5A?N`/Z9T.*7&EHH<O
M^:T<6VNI0-4,.Q8.*1_:R)P=67JF,NBUH<S"LCPLS\14KO8Y@@F%$)CV.$(5
M##L&#C"_=4Y@DB$$HCU.4*7#CJG#S:<2HQ+29BZ)D07F8;.<&+$;Q,`418@&
ME1CWWC>YQ^`FG$4K_C6._L%G<CC^;^[%M9^77:JHV+5P"/J`]KUF1I:6Z<2L
M3,U4\M8IT<5$1PA&*Y2@ZHY=`V>HWR(%,+$1&K\5"E#UQJZI(]@G\"#->.!K
M'JR+U,D[]N(&$S#M$6)P.A,>?.\JBM>[OS"[5*6Q:^&P]G93"J@O;RZ8_-F=
MC\@NIB="$YO&E*H>=@T<TZ[!4/SJ&H:8#@A-:AI#JNK7-75`^WPZ(R;J0;N2
M@!1ST:\\%)\=@6Q[)+X\^->-^"/9<Z*SVZ4J>UT+)[4/:N$6`T1JEB5G17J6
M9W"(&YC:!S%IB1M4J:]KX$3W<5R0P_K9<`%3]2`&+7&!*NEU39W\?L.#`R;I
M02"HA-@#/%6WZUHX]+W5DM=8_\TA1#$M#EK8+*(]JNK6,W`@&T<P'[Z=`;"'
M*6?0H(8!I&ID/5-GI<^E'_8P]0N:E0KCO=RDN@=+JMC5LW"@&38'S*?JF4,`
M8Z(6M+4-@*G"5L_`0>0=@.9#KFN`8HH6M*T-0*FJ5L_4`>(S[*:8Q@4-?#JJ
M4<A?/GOQ7SR]X[--K&[FW`,O5?#J63CINZ-=!>0R"=-I6)G((>PQ60Q:WRKV
M5#&L9^#([9O`&I.YH+6M8DT5MWJFSKZ^"<`Q+0N:_'3`-T'JBX:+U%<?IGN0
MIDI7/0O'5[$&%6C+9^_U0R:>.@0SIE!!>]N!F2I4]0R<3=T+*\MA91^82\!B
M0A6TL!5@^U2]JF_JQN'S[+1]3,."1CX9VR]J5-OW&=6GBEA]"P=,MYN20YO_
MZA"DF)X%+6P:4JJ6U3=P4/1L(,04*VA1TQ!2U:J^J0.?9X,C)E1!LYZ.(T]_
ME7?"ZK`'T_!C?KOL37FY[$7ZT?/CW^4%M!?A_&,4<W\97G^;/0KSUD9XZ%-U
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M;^!D[-M"'I,DH=GM(T^5)_NFSK\>`[\?/O$L3&NV'*Y$U(QD*>]34<S[M."&
M[Q(W,%43`D/AQF]A_N6@9N@B4.E][(7)0MA\NDFGBT_\B0?WHJ3:Q<>`*GH.
M+!R-/:&]53*5>;/5[FW))?E55I3!1"'R>TL5PU0YK7-I@*FH$#4GN$256@<&
MSM2:XLY]](HW4\=X@TFU$"$G>$/5<P>F#N(2R;,IR5,1=4HW>IJ5(:/$1M6A
MI]<^?3"9&`+5#'UT<*77AKT)T^@`\E"5Y(&%`[U'M[9F",JB2Q6S5SD"R>QN
MC3^8/@W!<H!`5#UZ8.#TL!'"W+M-&$PCAN`X0!BJ)CPP=529Q)I7DU7U@RN?
MI\1G64$:!Z8H3/"%X)@DS*$+'*K".[!P^/GXYAX]2;GX>85)N1`O%TA$%7<'
M!DY)FR&-\]]6F.H+\7&!-%0=>&#J.#6-.0=,5HESGU288@P!.ITU47@C+Z/@
M\ROQ/S_]P!?>)DCOGKWUGCWJ`ZIF/+!P]GI_\PJ"B*_L+"G3:5F6F*G4[FSB
M&6!",42C!4H,J;KPT,#A[;=(@2&F[T+KMT$!JIP[-'7\^R@>O#\3'F!Z+83`
M"`]^O[G>0P6J0CNT<'K\H!8>/$#\SF[8M4/TP/18"$M+]*!JL$,#9\_?-ATP
M=17"T!(=J(KJT-3)]6,YL7/N>"]R.,0(3#Z%2#3`B`\\]I_$L/NT[^CKD"J4
M#BT<<=_1+HP(E40.88\IH=#Z5K&G2IY#`T?<#\.:N8TU)EA":UO%FJI,#DT=
M<7\3G1L3&Z')*8"O>;R(XI6\Q?363_[:@S954AQ:..9>UZ@*ZI7G3"9P"'%,
M*(1FMX<X51X<&CCQ?MX(8[H?-+,UA$=4M6]DZNC[6<,\PK0]:&L*S+][L:\O
MB1`VXTEZ':9J;]DG/^0W*5_5[A,?4=6]D8US\0<TL#J1YXE9GIKER=F?,@-3
M.1P@!B;V043:(095ZQN9.%U_'!'8V1`!D_4@`NT0@:KJC8R=T7^KPP*FZD$8
M3+!AS_J`JNB-;)S9W]>Z0P<(9Y8/F*0'H6B!#E1A;V3B5/R;@Q]3]:#I6X"?
MJNV-C!U8?W,<P-0^:'\"!]);N7%J#^!4@6]DXUSY5E-*H%.F?G8(4TS0@R8V
MC2E5QAN9."%^-AAB$ATTJ6D,J<+<R-A9[[,!$E/BH%T)0#ZIEMX_1_>/T2;Q
MPOG],P^>^'WT6=3S\?[1C].7CWZ<I)4D'P5F*>?A;OC'5-5N;./L=@,&*/FC
MRV(B)<N3,EV<W#2N"F2Z1*:*W$Z9E^H._<:80@AQ=9-^5`5Q;.*X]P^Z[:(;
MICM"'-VD&U67'!L[)6Z"<\*VW9)DO<X[:6R'F(0)EQ"BTYFTD>V<+C+7_$V2
M;'ARRY]\_LSGM12A*I9C&V?!=[6LH(%*),\]Y7L3=#J6)VR?`)A6"0&P3`"J
M3CDV<9;[C0".J9'0X)8!IRJ18V-GL0]!7?_:/K28T@A-:QE:JLHX/DIE?.+Q
M0[0;W"S)T9TZ6L@`EZI3^[I3Q\YT:DQ?A)8W@_P??OIXRV=1/.=S^5]A7Y_7
MNB/'5!%R;$.$/+Z]!\\`3.9G>0&L+*%]%F&*)L3+"1919<^Q"=GS^V0-IJ%"
M?)Q@#55H'1L36LG4J9^=V+.D3IQ3)W:(.IAJ"T$B4^=K%/BS';R84!78B0T%
M]E5CX-"1/VD=UPDFAT(CF\>5*FU.3$B;9X0CIC-"HYK'D:H93HQIAKO!%(/R
MVADP,:D/6I8,YET:;V:I.IRY>DBNHM5JHT>Q>GBI>M_$HMY7WSS8D<NT3"9F
MU=3M\P%3_B`4;?"!*O]-#,I_;P=_3`B$IF\#?ZH:.#&M!AY,`C$!)*](,*ND
M9HDOC[L(V_W2/A\P]1!"0>:#B@OFS53[Q=<,]Y^$%<7?_IS'RBH7X?SZF[[^
MZJ.HXJ?("S_ZP?;GT-<H%97VO:#\'KI15V;YX?(B2+U::E'5R(F-$(XV+05'
MK>IK6?Y>MO5B=754_FHFW\WDRYEZ^RO-HJA`1;1@1168K$/[W,?T4\B5,^<^
M57F=F(@\^8/KMKF.J;R0&V?.=:H^/#$6,+-%PHO52%HE?)P3?K9%>+GIB>>$
ME^QA@23\0A%^6U5<%X0O9<7L\LJ,\.\OVF<\IE!#AIS,>'4=TD62\/32F_VU
M;[?OA"I"3RQ$Z<2;E--)W^JE'K_7S]W9T33!-&5H<SM@]WXA*LNJ@*;GW(/!
M98Z!6[%&"2YB8UO@$N5E58"12>9LNV_%)%6$FY.<5=L/#8G4^X4H/*L"K(S5
MM8&1--@NAD2J&*>*=7.*])%8$U5H58"1H?HLL4749<3$MK`E*LJJ`',C]5D"
MC,C'B)UI`'_TOXG)RTOE36LO-\5EHOO0)NK'J@`KH_;N]FVS0*5E>6)62>T0
M*1`-&8&C%5(0E5]5@)'A_<V1`!%3$?.W0@*B!*H*,#</',&$]V?!!$1J1#"@
M,4$*8_M@)ZJ!J@`K$T*E,=L=7SUP"%E$4D/,;!Y9HIBF"C`RJI\-DHA>AIC5
M.)(=JE+6,16[\JS@[&`*&;0M%<Z9WK^P!U*J/M:Q$)L2:]!KA+.'#J&,J630
MW'90IFID'0.!)L\354P/@^:U@RI5#>N8BAJY'UIW`,5$,&A9*J#R2OJ+4-V^
MF/]G_H^-_AJX_K;F8<+W@$V5QSH6XD(>V]C7W5UF5'LYU!VEY1]%;I9E=X@_
MF,8&P6J?/U3!K6,@D.3WR!=,?H/@M,\7JA;7,15YDD8:=XB`27#0ZB<3X:OW
M(D-N?HSBBN[T5>#UZ"5\_M'SX]^]8,,_^,DLB.2AQ%HF4`6YCH73X$>W-F=%
MEI$MHICY%8%NG>=E"Y&9/<G<;%YD;Y\^F&X'H7*`/E1AKV/@&#B9+B+GEIY;
MY&4R,U.YV0>'Z(*)@1`:!^A"50L[ILY_FQMBVF<')C!")"CL4$T6MOO"T]O*
M5?0\F2+WAGWU_+I@-;TN583L6C@(?DJ#*W31_)!\"7G*XBP["_2"-PJ+,`+S
MRK:#M2CC;ZU3J8N)FQ`S-ZA$%3^[!LZ>-T(=.3V)W"S/GG\K3?$K%V49[3,'
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MA%94$;EKZJQX(]S"IK[VB8))QA"(1HAR$_+`7_H/`?\<Q>E2_*;V[-72@2H2
M=RV<SSZ@??C84B9F>6J]A;%]2F`Z,02C#4KTJ+)PS\`I[C=(@1ZF[T+CMT(!
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M7&$IIDE#Q,^`I52=NF<@!H`-5AX^U>KRF7J!GG/5UG?Y#I:]Q)6I&).P(<)G
MP$JJK-TS%92@]0'SW=:(B7#3R[CYWC%N8CHXQ+D1;JHO_*M'+U[R^72QJ&49
M5>7N68B!L*-=^*BF3U]GJ<0/B_:AQY1M:'RKT%,5[9Z!(`EO`6I,L8;&M@EU
MGZI4]TU%43@.;S$K:"5RIE.]CQS`NX_)T]#BS>%]$^H[Q^^CC_XB??GBA_R#
M]_*!BX+^N1$I+S>SOWA:RP6J9-VW$'[AQ#;O&B)N0M;[Y?U@PD0^5F9D.F?[
M+,(D;8B5,RRB:MI]`^$=S+!&%R$W5ZA"F"S%51)A.C:$RAD2487LOJEH$LTQ
MJ9BR_'S\F7LOB?B:*;CSX`AW,`T;(M00=Y+D8I'*$*<SD<\/E],G'M\_B^<O
M'P7>GZ,P?109_*CV.$2?*F+W+02G.+'-=0.2C#,@2V!%$4R6P70A3);"5#%,
ME],^IS`A&R+G#*>H<G7?0,"*[YY#F,P,D7*&0U0QN6\JB$5S1!)S6IQM&Y3G
MLIBG"#4O""5O?&$>Z_;?KQ23UHXP"9.&(5Z-,6D:?O+_N?'GWJYMIGVJS-NW
M$>IB5\MVC#33D%42MD\`3'^%`%@F`%6![9L(5O%&`,=45VAPRX!3==>^L7`3
M1Z*NOFT2%1T@<`EU3("%5F\$=7G#VC*49YVOD]1?R?/0U4O7;GF@#S$_^NO[
M2%[D%@723'Q^'Z5></?HQ?PQ"N8"@FMAP/2ECC0#JH([L!&"PJ!A\$&G?`LK
M7K-]R2*KODF*.-5W,?4R5GT;TZ]KG<0#3%6&+#@O$E.EYX&)X!<_2-L<:3$1
M&Z)^7J2E*MV#HY3N$Z=K"\R57WTE<WG!W*TK/L6_*LP5'XBS*G-3Q=RD?-M_
M)(P[0EU,.H?8GQ=UJ?KZX"A]7=3_(=I-WBS)6Z&O.^S%Q'L(?S/LC8+@5MA#
MGRZ]JW?O#*@2_<"R1`]:5C-_2^U+IBL.7-\YX+\98%H[A,`R!:B*^L"PHG[>
MD&/2.#2Y9<BI`OC`A@!>B_ODE_]'>FBUP*V.1.8JM[SY.$E%W<6?HAPO]J/V
M&8!)VA"!1AAPQV<BT]V:S_R%/ZM>5*\V^\Y_DR=I]IT]&E#E[H%EN?NH5N.#
MARZ"Y6540W-DN^SG3!6CCB"YL55Y@$GE$#R'B$65T0>&972[1'+F:.0`D^`A
M6`X1B2K/#VS(\U0VB:^A1!7Q/LG9E%;9]*39M"F&)3?.G`TP:1\BUA2;Y"6:
MXL/P,HK^4F:]_C;C?"XOXXS_XJGZJ8Y&0ZI@/[0LV!_67(1*Z:.7,D_22=TY
M^A])]7BMGS#1FNB9^:GX2Q2<_1Z%S'OR_$!&*7^_D#3T`J[.[3SR8/X^C=ZO
M\CM,DZ)B?Y-[,1.YG2!_M_C71D;`]Q)5`_D=+W*D`N%$?J&K6'[9#0J2R'XH
M?EBI]C/O(=JDE<+EU[\7LDVX%?N:K45.E5X6Y4D](/7#3;1)6*?+JML;F'@>
M1.&2Q^U'Q!YBS@/(2!>Z"=4E,#3L$CBY6^CY.B>7S)R=J,RS,YU?_]H^93#I
M'J+C`F6H@OS0AB!_'&^4M'#80%H.HNUS!M/,(3P-<T;::GXI;5%>BO%K[,WY
M'W[Z*,;T7_TG,=9?+Q9B?7,?7?*0+_QTNOAUXXD%3LIY\C6.GGR!P^7+1S_T
MPIGO!=G#**Z-]#2D:NE#RQ&U;1FL=G&9#WVQTLZS54!1`;:4-6#/N@ILJ>K`
MN*J$E%QD1(X'7159WK*H#%MGM6$/+VR1UR=/("KDP/2+J?&00&^C7U!%_J'A
MV.$M]H/M)8!Z/5/OK]SCQ%0-6%8%INO`="6DV)Q50Y955H3E-6&7+ZRH"RLK
MTWX7P+P1D"MOHPM0G1Q#&P'2O]OYH/V^@+EI(&D:Z0LU2M!5%*\C:?B[M?B\
MK3V\,*3Z;H:6([8?UEQ\:*Y73XOL3.=OGT&8FP>"Y0*#J/Z=H>%@[-\+8S#_
M#03'!<90'3=#&W'63Z:-F*OJA?5909M$Y==J9OODP7PV$">3Y-'V%&N/V>/*
MB__Z*"KX.4K26U'')S&MZ\=W&"O*5E`=.4/+$=OIIL#Y5S]LZ;RL*)O)PIDL
MG>7%YVGT"]JG)N8`@D@[3LT1U3DT,APYW@@5=\Z@YT?%$>9D@<BZ3D6J`V9D
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MWLGM7&+XRTMAE6+48%?<LBB+8K*L=ZPH[9V.G^0`RS"_`X31+991/1`C,['X
MVV%522IG.(5Y(B!H;G&*ZI,8&8RDWQ2QQ!3)<V+-*\226VJ#_%KK!\FIF1JN
M'LKA:N4(M3"7!<3.++7NU`$O:>Z+^5QM_/6"/>RB^B]&=B+H4]I^RB"F2\LF
MQ[)`9P8RS,<!L72.;52GQLA,T/X6V>4BN3`O!83.-7*-J6Z)L<%K`AIDV$%S
M97;45\^67DDQ1V;+,>9]@`!2*+;FZ<8+OHHT/!;?S^4&LL]\]<#C6A91/0IC
M.Q<,[&E>A3,Z)2N25G=U_JE3___;)P0F_D,LVB`$5=(?F[DKX*T1`-/9H>W;
M(`!5/1\;C//_UEB`Z=P0@--9$/.5OUDEUUX<\OD7GK[>`LRYNA-._,:OQ%09
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ME[(_Y6N9>J\#'T68V`\Y<'XTIGH#QL9B55GB\MUFM?+B%TF^-7',WCT6M\]A
MS*<`"4#@<"3#DR1R$W4985F9_W<O]J7U;X0!!9_2ZS#=$75Z0O4B3&Q$OCJV
MM3GAKKSD4<:1"N0R0>T(GU6S2[H\906(9+H$QF41,H!5ZRR:8&X#B)@#+*)Z
M$28F`D.=RIH\HS[5LI55#EUY9I;G9CI[^W3!G`H0&@?H0O4Q3(P%A3IYI#E\
M7!&_S(+-7!TIE>.3-_OGQH\=^'Z>8#X)B%4C_+GEQ0>66%J4UP?44H;JE9C8
MB.AT0`/!(*.FI;A,K98\Y3T'[;,"\U%`.-IA!=7[,#$1S^@4%JBIII):?<_=
M.L0"S#D`S=\."ZBR_\182!_"@%!<=*+'@R)S^U3`I'J(`84*:]'P5'PI?N6Q
MB@$K*O7!2[UI>!5S=</[Q2K:A+6W&DRH4OS$1F2<@YM984B>@U6R,)E'ZD)7
MM]=,96,Z7_M,P01Y"$Z;3*%*ZQ,3$7":9T;,'6,&)E5#,-ID!E5TGAB+=$.B
MQ[I"C[FD1Z0'CD!F>\<\E5'/09W)I"NCN0GK=MIG#*8*0Y!.9LPM]X+K1(S/
M?/H<\OGN/5(3JI0[L1"M!FU1$<-8/&3Z*5./W=D4-<&T4VAQ*TCW?R'JHZJ`
MIB>(,T6V8HL26<3"EI`E:I:J`",#_-G"B^B/B)E)\,J['G[UQ,>0/$:@W%+3
M])''=SQ-=362:7CPGIW^+T0A4A5@8QP_K=E5SJA+,I:RB.+D1/%M65RT67CE
MY.\+Z7]35VRJVS0K.R+64>#/Y*>I6#M4G7):V.328Z?\>O)4?^M>E`I&55HV
M)VL:H"51[%0%F)AT&J*A*H+I,G0\$ED*JQ0C/UH<W*98,6R52\V)H0:X1)1(
M50'&IKE&Q[6?]*#VLQJ](D6II$(I,5@A.PG:IQ2BK"*HN40IHMZJ"CB<4D?>
M5&UDNCP?-B'B+`)8"VS:LQHG2K:J`'=78G`-#R="#YT((W0B=&C1CVB\")KN
M$8ZH_*H"W%EC'4*P8U9:#A$,D8H1]-PC&%%`5@4XMO#:R;*?/F7+KS/E&2(P
M(R"VP#-UVJ:69D0I6A7@[L2IVM[<L/:.J0(=$"40D1O!TC6V=:AR>,>0'.X$
MNS2Y6N=6!Y/9(7+.<8LJR'=,"O)-$NPG]6'Y<U6$/9L/S`XF\D/HG",75>GO
M'*;T3S2Y0KZ4LODN>GW127X0[#7!,+D>PD<@V(R+QCX$_&,4EW?J)7=14!?+
MN=^A"O(="[N/=S6L9$B>1H7-*F_TD]&7@WG[ZZ(.)K!#\]M%GRJA=PSL,CX2
M;1F&KY**R63M@XU)W]#:=L&FBML=4YN)&^C?[2..R=/0Y!3$12W\P,\.[7SA
MZ4TXBU9<3JKWD?BG/!*87XGZ6R*O19VNN8Y`?S$3,Z`ZHG/QD*@H&+4DH:K5
M'2MJ=:.VJ%"L4JP\ZA3R5+K^1<DZ(&,:J9_4X:;BOE=Y5YX\M1OE;V!>\0KV
MIY>]I'T9J(/IV1!OYQE*E;<[1N1M&XR<+E1$)%VR#D)['ZF?U''@XC9N6;X,
MCU"\@5U4&'GA#B,Q`1SBZSPCJ7IXQYP>;G^@5'L5?L:'RI_D6/ESW6#Y/YWB
M)B::0Z1)W-3'H*8+8>F-%XCOXNMO:SX3G\Y?O1>UM*EE'%4:[UB1Q@]H8952
MV:DP02=/)5=?]SS+P-99#@>^Y#"%&T+2#C6Z5!V[:T3'/HT*8L+3R958G6=@
M>8[6F=#%]&B(0$M,H*K.77.J\\DC`Q@.VN<`)AM#VU,Y\'+KI?L<\UVJ%-RU
MLND;M.<5U"],/7/'@=[%A%MH;"L04_7:KI$-U.<'*:;&0N-:@90JPG;-[6,^
M/UPQX15:F(#K8A/*"#?;D>5JL:5JKET+MQ76M`G$::P<I_'DOYYXN.'2V>8%
M`1;CKG*N9E:$:4X?O90]\YB+`E(9'(C]E#[&T6;YR`*^%-GG?,&]1.7R0Y:(
M:B8+?>&FNG_S4;SQ(?"7^M/3F\VB6`4<DL=X4GE09R[:MHGYS^*KTX]B^;O,
MD\P>^7P3B->MO%1&RW_Y&[L7OZ^1QN414S=Q+,J2YXKE;2VJSGXHOE1%<U]4
M^EC)?^*-L?C_+-Q?5F!AGB+\:AY%28J%7J#CKSYR+NK\_,A#61[WG[@#CJHN
MIF1#(EOK0E1%NFO@*L8]7:9XS%X%.6T?7$P$AB:V!BY5S.V:NA/Q8(0=BQ5>
ML4@5X29%U16?BS'P0E^"K#QV:J_%M!B6]RUXJ'IIU\)5A8<WLZ2$SL&R+,I/
MF>^EJ^1R:+&$:9P0G3:I0A4ZNP;N&6R`&A^=IP:F<4(T6J1&CRIT]DS=$O@]
M\*.'*9\0$@(_$AX_<6F\7!C\N)'K^JO`\U?[I,\>5?KL6;C[[[`FEA31J14U
M"B5<9V`JASNR>`^31"$F;9&#JI+V#-P#^(;)@(FG$(.VR$#54WNF[@0\D1%R
MT5DX21::$3/%"&<\)CU,>X5`4!CA2Q7(E_?NQNG26_)+;_87GU\LY?VZ>Y85
M5#6V9^':OX-:6*%&GICEJ9E.SG1ZAY85F'P+(6F)&E0QMV?@$KZW2P5,AH00
MM$0%JBC9,W4E'ID/[UWE`Z9<0AR:Y\.7*#R($E0ILV?A+KM#&WD(0426]\Z1
M!!,_(3+MD80J??8,7/C6!"E820KW1@Y,YH1(M$<*JLC9,W5]VIL?+C"5$\+1
M)#-4$.O=?.A3E<V^A9O+=C=MYU"AX[4[0X(^)F5"#&R3@"IA]@U<//:&0,<D
M2FASVZ!3I<F^J>O#WA#RF!X)#4]`7FW\2::+J\J>G]_K;_GI]ZD:9-_*&?RZ
M9FU?G9[M>]+'.(*@[DY!N9U[>T_4B]HG%?.UX(W<5\&=N'JP8MLJ79H4*X^F
M"U6A[!LYM+^/'GD*>:BCFH;][L`M8!6;5&%N4G@\&F:JVM@W=US_8*S%(+#5
MRW^_N78`:TQ9A.:F8.WSYWVW-/2I$F+?RDG[:E,J\*I?'9K4,7$06M@TI%0)
ML&_D:/J90(A)=]"BIB&D"G1]<V>YSP1'3&V#9B7B>"<&J4UR\<VOGS^IJEK?
MRAGI[<9LP\KT`_:G?.0`LIA:!LUL'-D!51\;&#GB?$9(#C#)"YK5/))4D6M@
M[HCR.<&)B5G0MHW`^2%:>7Y8"RA5P!I8.8'\NCDUZ.J'#N"+25;0U#;PI4I5
M`R/'C\\-3TQ3@J:U@2=52QJ8.WM\;J!B"A*T[^F@KAYDZ-R_<Y%%_/=JW['R
M`54_&M@X>ES3J`+KSY=W*O;+WZ\_3:]40*"KZSMW/G8&F)0$+6\/=*JH-#!Q
M6'8?R.*Y!EFF4']=N1138(")2]#2]D"FRDP#8X=FC^O.%\YU9TR#@N8^&>F[
M+`K!=''I);XTT0<_V*1\?IW=*?J5QW>/7LSOI<OLGG]++T7A?]42@2I6#2P<
MI#VQS3EE\NS2E:`*4)-`5@3+RV!?Y346LA3VIRJ'R8*8*LD!6F&2&`3/&5I1
ME;.!@4.W3=%HFM/HXOQHA.EO$"Q7:#2DRG1#4P=T+7.I=>(,,;D/PM,`<:ZB
MU=H+7^[D0N#ZVSJ2)YA_C:,D^2V<^\DLVH3"1.H`VR??>_`#/WT1MOL:I7K3
M4!GK[Y(OHIA?!_[*#[/@M1<KF3VYU?=VWT>OG,]W![*2*CD.+1P-=M&@&/NS
MVOU'PM3*+J\@4S5DU2IFIU*+2JHN4U2358(\ZHJJX$R5VJI0H+J^+*NPC'U]
M]6IS@:B)@P/W$--G(1&_C_Y'58B'!DY?NVC`'?V-W3'US=QD?SNVK_E<U$)W
MM3^=ZFN85@Y)]WWT-:I:/S1UN-U%*^Z>X.YDS/OY^T\^#[<GNW>4WO=.%#,+
M-BJ0V$'36_O]"_-=0*(UT+]DU(,PX25\A\35V=\GJ!Z/H87S_4T9`:-T7F*5
M9X?''W)JJ,<\+A!?=ZE(]=`,#<03^$&]@ZB'^7T@GNY2C^HG&IJ*7^`J_]JG
M'.:%@C@V0+F/GA__[@4;=55KMA:+LPM8]16NER]7PCQ^>JNN\+D2MEQ&\<N!
MBU*J]VIH(4Y"T\;(V2A+8T^J..7'6*JEXZ8H,;_7]N&%S52A++LE:985JXY5
MB23I^P=]K#KA,QG.6JTE5_F1:_!,O6P6Q>M(E%>-H.W`=3I#S.D&6>(^L:G>
MN*&!V`ZFB%P=5A6I=='J0R?_'BI(G5TX?_G"]`N8?@/+7^&D9H?Y["#$[K.2
MZLP;F@HN872,)=%1ZE^7=^^8_,Q76XZ*@=.I!0'F#H1P-\#0F_P>!VFY3+R0
MII=;/!X%P#RY"2MW.H6_A6O/SY#;2]`1U4TXLA#MHF%;8*-H4;"^V+-2M-XG
MHPL7R:KB[31D^@4YJ9WZ2AIA?D>(M_,,I;H,1P9"<?Q@Y$F,Q#QQ$%_G&4EU
MHHU,Q0DY%UJVST3,3P5Q;9Z).DZPL%3%<">J2".J?VED(7!)DX8XB(Y9(&;)
MQ6K)YR%LCC#W#L39;5I273PC`P%2?M#P*!IBKAV(J]LTI+IW1J8"N)C@XE?1
M%M%L_>$M"2DW<'V-HX?,!?[^#^XO'VNO*:CRU(5X0"/,P0,1;8"`TO*B\>H_
M\W]LDE16(/-49(CLIQK5G3.R$$OFM"9C8YT:X21A]!]%$;F#)Q_]'!O3,`<.
M1,X52E'=-",#L6R^>PIAKA*(E"L4HCI$1J9BZ=CC4;D2:Y\\F$<#8M00>7BM
M69/#'!<CJN-B9"%^SXEMKF,2W\,E!_UD(\P+`;%SA55CJK=A;"!VD&46.;AK
M>XQY"B!6SK"(ZA$8FXI;9)=*[?,&T_,A.@WPYHXOY2MOPD44K]0$<!/^X8?S
M#]%S.%WS./LL/HP^5/E^;"%*$JWI15#H1S]A6</9RGMA#YQM$CYG:<1FWEHI
M`3+N\RQ:K0.><B8WT0?Z5(N\RDX^TR'%%_Y,O>@=F_-D%OMK=51%NN>];.-\
M%G$Z\9>A2BW>&,M=^S,_D.Y]/^6KA/EA%F<Z>Z!/O(BLJ0I?O8ZCA9\R\6:Y
M$XM)NJGTB;9!PI[]]#$KXUG8X/U<&(%%A15DN^0S75I6(S2A'XHV<V$/=?PF
M^U?J?9,;N8058R^*YW[HQ2^ZXN^492)AB'`CS%<I2)I`F7"SV@3B-_'1PA<+
M/DM5]-W,&R*J[,W4Z01]9[EXGR\,[L#VKS'F"($]Q+4N3'5]C`T$PFJFRU;G
M@*P<5BE(.M9D44R6Q<K"G%Q68-X,")UKW*+Z+\:F@G(U1+#-:N7I;59W^;#Z
MAQY691'O7Q&K?19AS@@(4A,L*J>NFW"]29/?Q%1Y$W[FGIP096VF"[UG3:[(
MY.&T*!0_2MU<9/R73)N''SB0:E0?Q=A"D#`+]BF6*]Z#F$/CZBIDK1T;<MI4
M"X'*ZL)7==#K&4'>E:I&GC#;OZV6$;.\)FK=H:LB<_`\5H28J2.1*7Z?BOGZ
MO9COY7Y#.?6OUIX?ZRXBTC\_^K-'YC%U1T:V;)$+I"*5?IU8<FV_1TS]>G$@
M5P[R/:I&,7\4JWBY7M"K#P?6`IC7!7+T+'L:U44S-A"9S6+/VEI55/J0?AN3
MKY,KB\H+U?E;W8G4]V?Q4E:^568I`JXXJ(Z-,9\/I,)9$IKJ(!J;BD)GD]6G
M,%EO1[LK#N>TSU+,K03Q;8*E>NDW77P1U7IU><R%/-:D!*OLV+Q_L!Q'=32-
MK<;!HQD!'5#+%?6K,M6-.TR7JJ6\LES'OM4P]Q1$UET24OU58Z-1\^R23K*K
MEG3NS=*8#POBZ2SU)E2GUL1\I+V&^'?20-<ZP2:8>PNBU@#!U"6,UTGJKZ11
MR@UU'T6%;D(>^$M?V'7K"L_]]*)ZNR960^913("-<_I>RZ+`ZJD"620KRP1W
MGKHTR$TP5QF$UE4.4EUF$Z-AXWYP#N<<YMN!4+K*.:J/9V(^?%J+Q*M&1-LF
M8?N\P_P^$,[3>:>:+EN.W(M]J8)OE)_W:CN]W@.X.Z[_A.KWF=@(349J>D&Y
M:C0][-)P75)%),D."&2G6IRY,6""^88@D*XQC>KVF9B(/-8@L]@;8!;F"X'`
MN<8LJIMC8BRP6/,#EXP/X@Y?,%<#A*,)OHAVYZ;ZE_;1[R$%U54PL1'R:W_[
MT#&&?6:7[(Z]RN`0+S!Q'R+2"B^HNOW$1,2LM\H#3%^'"+3"`ZIT/C$6H^I8
M,E1F!G>9@,G=$`,*$[)I].\\F-^$V\&\OD:)+PTBIMCL6/'ERT<_],*9F(]_
MW7BQ%XK7J`E8;5C!CBA/PRPP=U;"32@F:K4U_3#%?/`+43%7!5B8D5RQ8X7D
M^:KY4=1)[BUZ%;R2K;-ZJ7W)?A9HX.&%+?*ZL65>N6+K<IS%8_6+(`:JJ#@[
M@RD*FV4W'^0%^F5-6]^V5"%#V:$0BKWI#D7T$:@"#$SEKM@-Z4"R3G*CR*O(
MA"ROE_HNS2-U7+ZPHFZLJ%SVZ:H[#QX!1&XUR:\-R0NKU-)!=VR%"M7NU*"G
MPAU:U'8GHKM#%6!J1>2*\0SU*3DIR>`EI'[5?B="7"\(K1KH1'4<V+GF'_Q"
M=*ZH`NRMP'8W$F'B+A*Z\B50L6&5)(WZ26@D(7I$5`'F5A5OE!2(2P-!HCU2
M$)T7J@##<^,;90;BDD#@(#`C3?6[;OF,^T]R]7"1J+DUFYY?I!/ZT@O_DI=[
M\=B?>1^C^.LFE?J]"BB6U+*&Z)A0!9B?;^@&*,F5ER4/`ZG"Y&>XIXO+/\)?
M]!%G6:*^]D^5J8Y>KS?ZD@DV4^4Z\)F->#@07-VD']$%H@IH?B8S0K>\,+G`
MSHK+E]<O>A?):[K)F)2B5.6;U8$!'5A`(WX3!$8WV49TK*@"#$V1+8UP#Y)R
M,A[#]@C'*B-<^Y1#7#0(E@U23ICVE?4/XQ?18:,*L#^9[FGMKJ%,CE!@+'-N
MR$(<.PA6[?.G0W6_=$Q$X?KN^-+!_!80&P?X0O4N=(S%VVJ`-,7D)><D,'N]
M6H:W3QI,G8<`G4R:7\57L+#O_:,7?O07*>?A5RYP#=/[Z/Z9R_6!L%7VTVZA
MH$,5T3L6PFP=W]R<01_\)(W]ATT>":)RV]_S(Y?QLXK+!F5$"-&BZ)FMO/@O
MGF:_BL724K^>R;@3K#/X=QF_JCOX]_8_]CJ8?@T1=8%F5"6[8R`4U.FTRG(R
MF95E>5F64EZ8JK,SF;_XV1F%JH,)VA`@%UA#E;8[IH(\G4Z=_[%,_Y<:1.[5
M(.(0+3!)&R)P^D(GC3<S&<MPKAV*7/D_A1%#-=![0>%#W$,*JK3=L1&.Z<C&
M%BN>(E_F=N7*U;J5M>)L=8<\F.H-D6J?/%2%NV,BPE!S9+DX"[)@&C5$IGVR
M4/7HCK'H/2<R9IL:DBP(AUQD#*8S0WA.9\QF-5V4%_'H<`O^,N3S^^@B".[$
M-.[%?E3_[4W5DCLV@NL<V,A*'`GI?]C*P?(L<ODB,K$B5_L<P81A"$Q['*'J
MP1T3L6_>."<PL1<"T1HGNE2-MVLL*,T)Q(@6,C1XA1A>3HPTTE''G2%&%U-U
M(1H$8L1/W`\".8UF5Z9+$W[SZZE`E6^[-@+(U#:KY$&9@I5)V)\R4?L+B2XF
MS$+3V\2=*L!V301M.7N<,644FMHFSE0%M&LL4,K9@XT)FM#>#8/](5IY?E@+
M-U6Z[-J(4[*C87NQU\D<0!_3+:'Y[:)/U2B[)F*'O`FT,:$1FMLNVE11L6LL
MGL>;@!R3"Z'-3X;\WOLFCTQ=1N%\]QG\09<J"'8MQ.B`S2DO;E!/F'KDCKC7
MQ<0]:&H;^%)EO*Z!6!OGAR<FQ$'3VL"3*KEU3<7,.#]0,24-VI<*ZHVZ9.5K
M'/V#S^2(]M_<BVL_J7I4]:QG(4#%KH:]QCR[X&Y=I'K'7F2Z]G<:]3"]#-K?
M+OQ4Q:QG()S",7#K1*Q,Q52R]L'&1#)H;;M@4V6RGJG#_J0.GF0]O'W,,<$,
M&IV"^?4WOEJG!TS;/:I4UK-P[!UK4`7N]_JA:]-X#Y/*H+WMP$R5R'H&#J[O
M@94Y"BNF@4'[VH&5JGWU3!T]/],NBRE>T,BG8_OHQ_.O7IR^%.%=]B%,U;MZ
M%HZ)US>K<NUV/&<J21G9QB7@,=T+VMXF\%3]JV?@@/8;`!H3P*"M;0)-%<)Z
MILY&[T>[YS;6F#@&S7TZUO)NBE\]/TST+8KBLR38S*N7-.Y!GBJ9]2R<6CZT
MD<4`H"[L4!G83SK+SRS/).-SEM>C.L,33&^#X+3&DSY5>^L;.)U,X45VZ6C!
MBAL76=''9#@(17NLH$IR?5-GD)L=,MPD!R;;041HY#CPZ$2?*M?U+1PKQAJT
MC;^#1R'ZF%`'S6T'9:I0US=PJO<\4<5T.6A>.ZA2=;F^J5.WYPDMILU!&U.A
M+:+J[@&7JL[U+9R>Q9OT&NE*?&YGL,:T.FAR6UA3=;J^@<.NYXLM)L=!$]O"
MEBK%]4V=33U?@#$9#MKY=(#%Q)0LA)UNPC2Z".?333I=?.)//)B&KT$J*T55
MXOH63I;N;%F!?)Y(11C4=Y"ON*<C.7EI-1*/O!A%1GS:Q+'XQ&(/7N(GS`_E
M*;)PSJ)-*HL(9/DB*6?SC4HF+TE9\]B/YNWOE^EC,A_$TC*7J-I>W\`)U".Y
M(U.I@^LBG3R)JE(RD;1]R#'%#IK<+N0#JDPW,'7`]$C<5>^/XKSS:]@[K8,^
MP`0Y:/1F0%>-OA>IZ^&FZF\#"X=(:]K4Z#RA)X=4ENOB]##`I#H(GC7:4-6Z
M@8$SJ`?31$T)>D!0*=I'%Y/HH(VMH4M5Z0:F3IX>#+%?0MQK'UY,JX-&;A+>
MYZ@67*I8-[!PSA1MD8GQ_CER<K3'%$`(G"7"4`7`@8&CJ0<2I#K2/T?MXXJI
M?="^EG"EBGT#4X=0#P2W,L9WVX<6$_N@B>G0EI\]N^=PJMPWL''RM*9138WT
M6\*/NVM[3$:$^-FC#E5!')@XU'HP5;9T'D?6]YBX!\UL#V&JKC<P=LSU\!&A
MJNLXL,;'Q#QHYT8AKI_;AU05;VCCH"O:)#-COYOK_"$F!D+L;)&&J@4.31R/
M/9`DVZ.^`VO](:;801/;PI8JV`V-G88]=!2HCO?MK_>'F&0'K=S$G0C@?H#[
M2%XA\'+0C0A#JI8WM'`T]MC&FKNLI:LO:QG\XL!E+4-,-H1XMD\QJJ(X-'`L
M]U1*;5W4@MW*<A^I^UM>W+NF98BIAA"<]OE"%12'IL[[GDH:=45+5U_1(H8.
MARB!"8[0_J<O0D3ZZ2([-L?YKG"F0ZK<.+1Q!ABVIUB)B$=RA5D\="68Z1!3
M'J&UK6!,%1V')H[[GB.FF"0(K6L%4ZH:.#1VLO<<@<640&CBIH#='89T2)4!
MAS:.[F(MVH&S*T%(AY@@""UN!^D150\<F3A\>Z;(CC#5#EK8$K)4T6YD[`#M
MN<*+"7?0S"?#^UL8/20\?M(QX-:;=-?L.Z+J=B,+QV+1%N5(5Q\R]=25N7B$
M27C0X):`INIT(P,G8\\56$PX@P:V!"Q5'1N9.AQ[KNAB,A>T<G/H[IF`J6K6
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MB+$5DC8*69:55?(ZM##`%#P(5.O4H2I[8P,'7QNFRM1UJF#J'P2F=:I05<&Q
MJ;.T3?&E"&GL/&,P01'B0V",C$3'Y[=<[CV?B;_NTFCVUT4X_RWTT^3^T4O%
MUQD71OD2A8LH7G`_55.\_^3/>3A/IG'^Y_4_-\)^@0QJ)[/]W7OBGWEZQ^,G
M?\:OHG#N9[,(SCFJ5#FV<,+7NK5*`NL7L_+-3+U:Q0)3+Y=[O%.6O9YMOY\5
M%6#3N/@'J]1!YY:U8*(:+*L'*RK2?D?`5%=(FC?0$:A"[MC`>>4?Q&^/^)C0
M#$GR!HA/U:['IHYQ_V!_>^S'!'?(E-/9?_=U\Q#XLX]^*,.F'Q@B?D(5W"<6
M#J3O;EI!L;_=_8WIA"Q+Z6(4^0FFOD,8;/.`*K]/#)PQ/Q!W=G<.L&.B.[2Z
M;=BIJOO$U/'SM]7G,04>VOYD\'^79Z8_^,DLB!(^OT@_>GZL?OL2R?D\BN=;
MO^[A!%69GU@XF7Y2BW/6J)]8D9M=I$RF9/IW40++BWCUR!U"82(_!,X10E&E
M_HF!<^C?.X$PJ1\"Y0B!J(+_Q-3!].^=19@7`*)%8%'LZWV5PN3BP_$Z3/WT
M15AFG^X_H>K^$PN'VO>VKB2*3LCRE$PG92JM0W3`)'X(10MTH$KR$P/GW]\>
M_)BP#4W?`OQ4(7IBZJC\V^,`IO%"^Y_,@3^XOWQ,Q:3ZQ&-OR2^29+-:RQ'U
M8Q1_UE$(946FBZM-'(L_[C8/8@857X8RC8I15KLC:4)5;2<63MTWT/Z<4GE1
MS--EL9G.PI)J'AVH,6$Q7XO6*Z4U3Y?=V[1@LYC/_92M8\'%F<KTTU89/[-%
M%*L`CV4@L'>,?Y,ERH6/ES!/QGZ4`7QD1421J=I?E;]I$\YY'+S(,)%!Y(7L
MP0O4!_[,"V:;P).->'AASZI!>2S)6`#[Y(G,7F$C50WNS1Z9'\ZEAKP1[\BJ
M]")+R-\7;=(D]40:4588R:R>:FBE"2_MQR&;8(HR9+&#?6WX"U%V5@4T/2&;
MZ%M96:PLC(G26*4X>=H^*Y!ME:A#*K:^H;!BZI)F"(!.THRH:JL"C$S\#7+M
M:L>P_8Z]'N7;IQ,BA"-`F:?3];<U5QY0_U]\NM#;J&J)1-3)50'.K`VPEM>N
M"GB6F"4BM8K<K'<H5A8$BTTJRBY39NN!H-CUZJ_6GJ_B0^MXT4=,_=6I^,>T
MGW,1=J#FG`EF.A#1J:`*:&W"/ZC#'#;5YT4Q69:*C*U*:Y]5B$<!0<TQ5A$]
M"ZJ`=N?W7=2ZQH=>%R=UQ)V`H&.>/5_%M.2]R+_OUIS/:XE#]"BH`IR9SU\U
MNG8J7Q?I6"(35N?P1Y%67<HL0W&O(U_^)AGG+WCJKSA[$DR,]*4/@A!RFDRK
MY<6>E*&^\XD9\88@3'.G$Q"=)*J`UN;D?:0_;#HN2V&JF/9)A/A0$*3<(1'1
MM:(*:'<*KF'2U]>CY4]>&,H1JF[\^]G%B1GQR2"8-46GJRA,8V^6"C-]]E(U
M+G]5=_I,%W>%]%N>89++G:]1LFLS]?`7HO-&%6!YJB:8H3A@_.B+[V1MA.H\
M+:>\9Z#<E^]CJ^R%V65*8FIE+]P3,[><;"L7<8C?O9!MRO-D<G$I9GY=#0=F
M4\23A)#!9>82'4JJ`,/S:P-,!3-NI4R6%\ITJ7+*+<MEE=.,LF26%]T^^1#7
M"H*GP^3K4#TL'5.1=`PRT-QXV#HC.Y@7!H+<%",_B>^^G9LJAAVJ;Z5C(6!/
M;:MJ!R^9Q)GM%!4;55$WYBPY`'6J(Z1C($S/V:.,*?K0TA91IJKU'5/!><X>
M:DQFA^9N"NI;+B.-^N$RGUJOE&NN$B#B)OQO.1O6,H&JL'<LA.DYM=&UG"E*
M*->ONHRMT!HW(5/%M$\J3'V'R+E#*JKZWC$0P.>[)Q&F7D.DW"$15;WNF`KM
MTQB3\L^9N&!2L<4B_ZIIGS:87@VQ.9TVL;=>\WGY*;AGY4*5HSL6@N_4M*G`
M7S^N"B7NK%\P/1D:W1K<5'&X8R#$S#G#BXFNT,C6X*4JJ!U3@53.&6-,VX26
M/AGCRFG'PLEV*RR97]@K9K0ZO+M4T;)K8%OX`>W)8:^<T:SZF55J5B9OG0)=
M3$R$QF^%`E19L6M!5CR"$KO\>`M)%WW?_:I"EUC1Y=6FV$?I5UFMO?#E/Y)\
M&ZW:KN-[#WZ@AYBL$+%P3"MEM^_*ZV(J)@2Z%;I1]<RNJ0`H1W#L]A5AV@<<
M$S2AJ4\&_,M&3J73Q6W>G]1WU%7T&,6I^)H2'64EC.%[P2WW@NM$/.9?XV@=
M^SSUXI?/T9P'EU["Y]/P`W\H8Y9EWVNRGU^$<YF#Q^G+O:A<+7VH0FG7P+9F
MZ];)>:A?+'V\VZ]FV;NEV%&^G<G7,_U^5JD`4S5@J@HRJJVL1"6>6ZZNR'JH
MX'%Y39BL2OO4QP1>2),W0'VJ,MRUH`RWUA7JIOU0=Q$QH\?;762FZ^1+/_2L
M["/2&\VX[B/K2A]9J3[RH/I(%+*Y["-)UD=F>1^)51^1JX1UWD=2)_H(IE=#
M/KV!/D(5NKNF`M>T/4?4=H#F^?_3OWVXN[K]MY]A1W!@98R)[I`U)_<$#,>K
M*)!;]&.]S47"-WT(_*4:-/?H,5VJYMXUI;F?V-#B#"W.N-E6"9IE45F&.YI.
M%U/A(5K.\(BJTG<-Q.-ICD+5A>UV"7HQ.W620IBR#X%RAD)4Y;]K85LXD5)U
MB\B:^7'/:.7`;(=Y%R"0IU-L]9#<<7G_HI3#KK_-.)_SN93-`IYRN7-4K&S$
M[._Y\IZ55)XEKW4O=ZFNAZZ!S=NG-+`8GT1>5F9F>6Z69]=;L.4GNBZ!%46T
M3QS,90$1<H(X/:H/HV=JXS69/4G)'IZS9Y:S1VV7EHOWC#V^,^SI8=X."),;
M[*&Z/WH6W!\4(M7-:02"M3^Q]3`'!X3R9(;IL`#BBUK^<3'_QR9)Y8ME?(`P
MX5_U&<3D"T_E![V?QS^OY1C5Y]$SL(?[M";FK,INS9-RL)K%R@)85@++BV"B
M#"U1%Z6TSQ_,7P)A<H4_5*='ST*`>!J?ZD:I+*21CI,@>.85!:N@1HIHZYQH
MH2":TKF*XAT8J3#W!`34%:91?0P]4_%=&AFN$!H!%KU#:*0RRJ\]'6W3@146
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MG__,`IZHT21DG;_]\HTY,$Q@JC"$T")_^E3MMV]*^SUPK,@C["YC+CU)&FY%
MD1T$:9T(?4S@A5B07)>;E,_%UUTDM^)>?/-K!=P^5<#M&[A($VM`U6\MG['\
M(?M3/FY_P=G'1%5H7CNH4B73OH7XW[M0+L"=Y7#/-W$>FE-'QFD?<$P%A99O
M#/`/D3Q66PLY5>7L&]C:C3=A1U?6"1SHS)CN"$UL"UNJKMBWL'=Y-]9GT:$Q
M61#:_F30[^5-`:_-M%LMZ%,5P;X!17!'.XHEO;H4`>G@KLA#?4P'A-:VBC55
M`NQ;N`3R$.QW'"'4EV7P_8-!^Y]K?4Q`A!A990A5.^R;"EY\\)!0()YSH'V<
M,?4.6OIDG+_&X@,VVB3!RRU?1W&J=IX<`SI5R^L;T/(.;50E.'66GN49G)X=
M,*D/`M$>)ZC"7]^"\'<L1W;-&W#&4'Z"1R]A#YR',K1YSJ\XYY>,D,KNKJ_8
MPA<M73HPHV`"((2R-58-J'+@P)0<2!AN"CJX-_,,,!T0@G#Z1Z:7/);;]^^C
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M``SQ<HE,5'UX8$$?II-KEPPP]T7Q,9=;/AYX^BR__%5@.CY7JS-YKG@CX'E1
M.\YYP5(QLJD;SYB7IK'_L$GE.DVNY63FE:C'^S1ZO](<%:Q]SFK4OF(PP#1H
MR`.72$J5J`>F)&HZ,S_7,J5]HF`B-L2B0:+$P'B_A=E11_$TO_*HGB=457M@
M0-4^N96[)D9L7BP*43-G44S[-,)T;PB50S2B"N$#"T(XF58VI\1-04V9)+]/
MS(6Y$%//(?[N<'-(E=.'IN1T,B&O'E4(5S^LHTOK;!EBVCI$Q.C*Z0,7/5-\
M8XN'-^&3J);HAN79RUK:4`7WH0'!G=[<H[\=\^)4@J+`RE'Y]CF&:?,0/A<Y
M1A7LAQ8$^^8X9_N3<IY35Z;R"^J6QZ;;GTV'F(\`TL)%[E+=`T-3E_TU2%C)
M+IYNXE#1KN`3QB4'YEI,^(<PG<REBLTJ)T5_"[D7AWS^->8K?[.ZY<(TFUH7
MY9"J[@^/4O</FU6/:5A.C:UIL7IP-L_&LGPLR]@^/3#9'N+1+CVH0OWP**'^
MM`GQ%+I<K*2/6DQMBR@6DU6@S"J75]%"7;>A_R%_?U;!J>3O6]-7?F''"YCI
MYMI[I/[%5^LHEH&.R^DT40XD-1]N<FJN=1V5EXG'3PX$F!EB;@#(AG;)217^
MAZ9B0YS"R-]>D2'G0OM4P,1V:/N&J2!CZ]QJ"]0K"511?6@@_O#^YNR=LE3L
MLSQU^_AC&CHT?1OX4\7RH87@P8?SH?4Y206QRH8=4;J*6J*.CO,D]5>>VBVJ
MK[[5`=0<F*8P81[2H@UN4A7XH:D[#P\GI!J'=D4WBYT9HS`1'$+0,`_TKUXP
M75Q%<_UQ6T>'$57T'AFX$O'@5NV=L?(\,B*GR)5IF*W38H2IW1"*%FE!%;5'
M%N($'TV3G;HB-F%)"D5:8)S)J4WN*\XF/C^4(4OX/.0J;+!\3?O3S@A3N"&6
M+?***F2/3-V'>.*8(X86088#R-$^-S`%&>+1!#<NU/VA7Z)`1C`5_]8WTE]Y
M<?PBEI#/7CRO79Z,J&KQR,!F\N.:ADY*.A^3&548:?F;SLNV,K=/$TP<AJBT
M31.J/#RR$&'C--I4)ZFD.DMMS5#9%;UBN%'Q>]=<ALH*E]F*.-2)LH^B6?4U
M#DQ2F+X,`6V;852%>63J;KW3:/7E.)JTSQ),Z(6@-,>2*V_MIUX@ORVW#"@L
MJ^*DWC]ZX7VN4=RLUIX?JRY:2R"J"CPZ2@4^<28[M=6[)KFL3"T7;I6JICX=
M=586S(J26:7H]JF'"<L03H>I1]6?1Q9B%C=.Q;JONYIY<Y:Q5`V%6V.?&AB5
MROA>JHSO2V72+]_JP#R*Z=\0>H=I2I7)1T?)Y)0IELK-JSJR'<2U]JF&R=D0
MON:H=B/OHI#7%^9GM^M)1-6S1P8NTCN@/;LFT"QU)=R!`Q3`E&QH_#8H,*9J
MV..C-.R&IKMZ2NR6*6-L,O,SQI3!#AR8H,:8R@W!:H4R5'U[?)2^39EZZGDB
M/^DVH;RB55W(FET>A;.A?3)@TC2$H3DR_.[%OG0SW\B0'SQ)K\-42;JUE*!*
MTV,#U]8=W*I=TTF>A^696)ZK?59@HC1$HD564/7HL87+Z(YFR<&.L&R&B7F@
M=EFD$7O*R>3G9.)9X0Y,.)AV#1%LD4U4V7IL*F;)T122DT^5*GKF^?WFVH%!
M!1.8H>E//RN1[SJJ^`I?IN%OX=Q/]/8F/K_VXM`/E\ET\3&*N;\,[S8/B3_W
MQ9==+3FHBO/81/`16EN+4V3%1JWJ#HT7&6%DJRB6ER4W;&2EL;*X]JF%J=(0
M..>H1=6BQS9"D31#M9UA20L:RLDMV]FQV2(@SPD8+=@B(V"2O\2-60Z3IR'"
MSG&0*DJ/C44::7J,V][S&H5'4JQ]AF'*,L3O9(;IC327:C]Q<?9N3\S*,54L
M'AL(0+*K(97P;?+8M$Y4.43M4`#*,2;O0H,WC?>N&Y'&5%EW;$#6W=&.0]!V
MX]ZK,2;D0G.?_I$D6BQ&PMGNV-43JF8[,;'O>*OJA:22_>I.N/L))JQ"BYX,
M83;%[4&0*J%.#,2]V*IY#F#^'>$.?I@6"NUY,GX7XEM][@<;J?S>/7KQ_F"J
M$ZKX.3$@?M8WHSB95$G!=!*7`J!.,'43FOIDG&]E5)_=5Y%-J/KEQ,!^VDJ]
M<R353^[<)S?!E$1HRY.1NYL]\ODFX-.%8.OG![F/X"J*I><_Y=.'P%^JS^+D
MUXTGXQ5R/K]\^>B'7CCSO2#[,8KU.O.>?TLOQ9O_JJ4`572<&`BE8,(`.9?R
MLJ6&)$IGHGBU\:QX`:N\@96O8)<OK'@)*]^2K=.9?!%3;W*`H)C&"9$^#X)2
MA<^)A6`.)@DK%BCR^"R[N+Q[QSY?WJE-0;."K5&%K>H:'3'/L65)VX<7MBAH
MNRS>]8YY+/4>-H$7L[F?S`)](T\FB.77MWG95<O9)N!L?["^MCO4]W='FU2K
M9RI>CE0M5,2EUZ_D7.\HEL\\/U9'@_5/:RZ@$\84KQ&9$S[;Q/ILE:BY\C"Q
M6>`EE<;%2D81V$;/*H9.=KQS&7MSOE6E!Q[RA;^K3NWK=1-,,X:</X^N2A62
M)Z9"6YCLGQ=9'\D.[-RJ/J*WB7Z43/^]8/K7DNEB\JE,+:)K%ST;GX<N%=MO
M2K;_*MG>/GLQM1G2X/1OE2?/#Z35Q2!XYP7\KA@=!()_Y\%<QG=.Y4\OY:-/
M?LAO4KZJE8\F5+%Y8B`"!ZVI)1FS4J1_C,ER6)E:K7-D43J*ORZL^OQ/61Y3
M!3JPB,%T9@B=:]RB*M$34]N6&R;8>U',^SJ"O;^/WKM/,$S8AOB=3+!MFUYM
M5IM`;;?;M2=\NBBM54LQJOH],:!^4QN;\PL,3V51^\X&R4FU++!]>F%2.L3.
M-7J-?B&*[ZJ``^@UT?0*^5*NYW>-85]TDD9YIM*_EQG>.WG.K&+%DCX(-N[1
MAZC\JP),?Z\WQ:+?R@W62\\7ZW2QZ"IW6B,G=_P@/[LCLE2^=6,^BY:A*L@/
MV<7TZN8=>W[T9X\R0$2PF7.]126,PO?Y@=Q(E!C*84^&E"B)*S[L$_;,@T#^
M5^H&<O,`_^=&IIRI2.\RZ$3U(UQ^=6_DF]!ZE??OREJU_L%<H4>U7S3H'CEE
MF;1K<\+H%Z+[1!7@Q.?&UM8%XJ>&&[L;*K:MTJG!/>:%ME8V7@:2GJLO^O*#
M7GW/_Z'%*QUZ>KIX+4%POL=3-_J%Z-!1!31--3,F*!SPI7A9H9<JOT8U8=D[
MF'Z)VDSZ6MCGW"%78065*DF;<SA]?O`]J3N)3OM%39)>L-.]/_J%Z#52!33-
ML]I6%%=^B01*7U.C4Y[&&<]_Q2A5F)MSVQP/,]'WH@HPO98[?]@1%P!B^I-A
M5XM:?5`P3O8`3E3P50%-]VND_EM?<2Q_YA"DB"Z.&-<*I$2Q6Q5@N@^?(\2(
M/(T8^_3OD/E<W[XE5M?:M23C2U04BMOBD_$F_!K[4?R5B_^?R_25%?NCE_[!
M8W[+\Z\[N?CY$H59,*C\(_(FO-K$L?A#%U)+)J*ZK0IH_%.F34L57T-Y)=37
M4.8+5#&.*A5AMUN?^:HN+*N,_HHJ5["R/DQ6B)4U4BM7)NI41`<L1(`;\9NN
M5U9@^QT$D=<1`KVQ#D+4YE4!ID?;'QW&S0Z#.`P00IW<8:ZB,!65$<F6Q?=N
M<8#WR9_+F/J7+[]'<O]"_ONO,1=?TDH2O=)70Y:;&.KZ0(?J0.@8V+W?=..+
MV$UEN145H8RED!4M=P_JPLMG6?':H96]H+)'I'4^=C`/!`37?3Y2/1(="QX)
M4_R\W3[C6MELMPGG@GS:R2`?R:'1"U_8/!*#:1BE[-%[XLQCLPK#RRUT>8"'
M]EF*^0,@Y.ZSE.HEZ)@*?M[2T"DFZ&G,KK^)[.S.%XN`A3_SU,2]"#9J3)T^
M"0)?A#I@3>O'_RL`5)G8G"OA8C:35^T(<WV-`G_V\FG/7J11A^H-Z!CP!M2V
MHE@8%@F83N'4KJ&*3:HH-Z?%E_UDNOBOC1<(VO,Y=(.HSN/-:N-GCCI4B;YC
M0*(_MG$Y)[9WSA8Y4;]-D;E]JF!Z/L2E?:I09?Z.!9G_5.J\7@#%O'+:`#NF
M,,M+T"<._JG>]2)C,=2>;$AFT9HS_DTR0M2W_4T2'<RE`&$^F7E?-E*$G2[J
MXD`)%!(Q=L^E%[:6=51?0\>`K^&8AA7!KE0>?=]=7?@SR:HB8_OTP-P3$(]V
MZ4'U6W0L^"U.H<NK`2DLV"/#HVWQA,TW<7X2:ZTT*@=&%LSM`;&B1`,1GPX)
M_\#U?V]"Y0#ZPM/;;*?=KW*CW2>UR:Z6.U0W1<=,.)C#6U:)&*(2LSR7^BQ2
M+C$98R_/R516IO.VSQ%,^8>8M,P1JE+?L:#4TS@SSSGC9WM1U75`CG(&$[\A
M1NURIDM5MKM'*=M':#0G$65:<*+8Q?R3VL;\<[:)N756=#$)&J)P>BP;/T[2
M3SX/;WDBA:Q4K.L_1W&Z%-\'E][L+SXO'4R[MUETJ2)SUX+(?'QSBT/H,B>3
M65DE+\LS,YU[:X.O*QLUNIA`#.%R@4-4";AK8*/X]\D93,J%\+C`&:K&VSU*
MXSUB2B(2Y[TFCCP6[PXM,.T7(D#Q-14??W6?E/?>MUHN4"7?K@')]\`V59Q"
MY?=O_=T$,FIB^W3`]%T(0FMTH,JZ70NR+H4>]7+;.QEEMWVQI(O)L!"6U@A"
M56"[IN*UF&*%N@YWH>-[+]C_K]MKGR*8%`N!(=Q*,2.2A*K#=@T$2SFX5>7-
M-[-SFE@PD14"T2(IJ`)K]RB!]=2+;V@D<7]ZP716"$V+-*%JK-VC--:C;K0Q
MQXW7DTS[/,&T58C-Z1N35$PU+*#:[F_7'E5.[1G8*+RO,<4VI2QV*!ZOS9E/
MUAZFH$+#V\>>JI?V+.BEAW+A/I+7]VX%Z$1IT3X;,"T40F&?#53ELV=J\^O1
M%-@3R-&=@0&3."$.!(>;GAAE)(9I>+>)U\$F^1*E]=ZU'E7*[!G8KEK?C-+=
MFJT`;A76\D8RE8BI5.WCC&F6T-0V<:;*E+VC9,I3/>_[<-]UE5BQ*M0AFO55
M8H[Q`A,O(30V>4'5*WM'Z95'>=</'@1RP),,[-`-L#$A$MJ;\*68WR6M[@>]
MDAOX>;SVXO3E"T_E7OZ+E?Q-!D16\9!K.4"5)'L&-H4>W;KRHS'/J&];9M6L
M+,O+=.9*L.CVZ8*)DA`:!^A"%2=[%C:)?G_TP>1+")4#]*'*F#U3P9I/YDS&
MAFC!9E6RA#I3^]3`)$L(0P/4*.[J1&Q7RP>J7MDS$%GYL"8A8T9YD3(V;K1/
M!4R5A`BT1(4^59OL'Z5-4F>6MT6-/B9:0D3:H@95NNP?)5V>-&L<PH<K%R>(
M/J900HN?'@.1S_W-ZI['*_7]=A'.L]AC>8S0/4IEGZI4]@WLT3RT445$1)6>
MR0Q:C5"1$?-(:T4F=\3*/B960BC:8P55NNP?)5V>&"CSS;,$DSHA-!1_N&KI
M_7-T_QAM$B^<WS_SX(G+6-DOU5\?_3CE?/<=N:,^50?M6]!!3VQSQ6VN_LU$
M2I8G9;H$'1K\Y=6CK!B'6(4)I1`[9UA%55'[1ZFHAW[#?/<LPA18B-7I,YBH
MS*-J]LLTY(A%[Z/_O1$/5(K*XX^""0>0BBK+]H^294^<WQHQ03'[R=(TD5Z8
M**^&8()]LM`\X5:BO&"'6(@)NQ!<5UE(57O[!K:B_F#=?M9A>C`$\_1=)XD,
M#CW/8L"\?/2>HEANSKO=B)S+:7@9<V_V.%WDIX^*"`QZ3T8MW:CJ<-]$L&-:
M6PN96!>3ATUZ845!3)<D-S+HLF3$I>+,WJOBVJ<6IB=#X)RC%E5H[ML($_R#
M:JM7F$&J-;B+U@S5!E0A>V`J9H$I?BT*?L6:7U'('C2_H@5;Y?R*'>/7`!.]
M(7HG\TMN7KGE\\U,-G?W0FM`5;@'1RG<A\U\2/V+D$IRTTWQS)V%SP`3LZ%Q
MK4!*U:T'1^G6I\TXAT.L'SJ$-"900YN?C/2=/'XR5Z?I5P_)3<@#?^F+(2X?
M&S]%WKX]U@.J1CTPL+WVB';E3-!9*N$!RESEXD'E<X@>F#(-`6F5'E0U>F!!
MC?Y>Z())SA"@D^ERZ85_31<7*Q[[,^^.IZE^L;PLXZ,7AC[_[/$];*&JS`,#
M*O/AS<K)(7/(CXXL#RLSZ9M#=#8F\CE$#DQ)AGBT20ZJ6CRPH!9_)V3!!%^(
MS^D1*-2-TC=A>1&VC#,GP\Q-PXJ/N)8I5$5W8$#1/;!-Q38:E5S&Y:S<!BYS
MZ-N,IF'56=X^(3`M%L+0&B&HFNO`0F"!TP@B"+'9G:%]<F!J*H2D-7)05=.!
MJ7`"#3""J<B;ZN2H#KXI92O?)7)@^B>$I"UR#*DZY_`PG7.BR1'RI0P$L8L>
M7W02HP2Y^'C'DB*,7NL<&6(:)D3F=(U\N8R55:\"SU_ILPZUA*"*F$,;$0:0
M!I4'3#>U!TR]/!_S5)Y$G?B09;"UY\]9&C$9J*1]0F`**$3&#B&H$NC0P-;=
M700HGC'U,#OIU3ZFF-8)C6L'4ZJH.305_O0P8'67]1P!%E,IH84;C,%^,1,#
MXB:0TZ3:5RSO((SY(P\3_TD\GD4K+N?(2T\8>L:3+SR=+NZ];]>+!=]QG]&0
M*F4.#<1!;;KQ.V^(J!2=;=C>*ISITO4':EZ^NE!BNI`!\%CVCO89B0FA$%[W
M&4F52X<60K'^8.@I#,746`BW^PRE:K9#4[%@3=&R8*-7H:*^)F6V145?4S'U
MOKGPA84)NA"\!ODFS%?:M)8^5"%W:$#(W=.6G>.3'&HJ8U#[N&.Z+;2Z==RI
M>NW0@E[[IGB`2;00!>L\H$JS0U/2[+'@^Z$*X)H-^C])J>WG]E''M%=H\Z8B
MJB3'G7X=4:77D8$XKH<UJ2[43N+R.=<1IK)"$-IB`U5W'5G07=\R.S#)%8)R
M^J93\28Q4'X4;Q6+ZKM'3]Y1>K&,N7K_=2)J^IS=X5Y+$:H2.S*@Q![1KO(J
M5Y6%R3SJJS3+Q8IL3.=C6<;VR8%IMQ".5LE!E71'%F(IG$"67?%"M0`L?E6E
MSIE$33W@FCZ>+DHF4)^I::2>RA#S248YKZ`<N#6X?=9APC+$N576437CT5&:
M\1$+V!.H=H'229!EFT[M\P*3=R$2Q./(V)'<B\URDZ1'!U<8477<D8%MKR>W
M\M6AX[J3QKH4UP,LC#`A%N+E$)>HBNO(6DR%[YY;F.@*\2,<WUBG.C[*ZR@!
MC<1-&%'%V9$!<;:A-I?'/++BT)@(9QHX882)OA!-9WE'%8='%L3A'SP\@(>8
MZ`S1/9F'7S:RG=-%W3U<VY=OU=*-JD&/#$3O/:YI.8MT+KFGK_ZB,3;?RMH^
M23"-&F+2,DG&5*UZ;"&N[VFDN=W6%,*"0[_?7+]F"Q0)VK_.<(S)VA`OPJ7K
MH1?.?"]0YESQN>_%+[MGL#%5RQX;"(2PHQWE#>I9$E9-X\Z$,L8T:FALJU!3
M->FQA0`)!T`O.KOHU5[*_"39\.P"&K:(8MW7-_$Z2K@<%1:;<"Z'@$"=?<X4
MQ=_^#TLB11RY&I&/$SX3-G=@=,"4:PC:Z;N.@T`Y=?:PA"I.CPT$4=BN>B$"
M!D'FIG*GVV,Z,#2I:0RI4N_80J2#>DSU%K5YZ9+TPR2-5?;$@6Z*2;K0XH3]
M*87+]8,OVNT_;*3-IHN[XA34Y<M7+K`3UESRZ:*X(>62!]'S913]I?_U\CF*
MQ4>=%WX4-LPRW,O%UCW_EEZ*"OU5RQ^J"#PV(`);M$NY9:;T?E??*;?HEF]E
MER^L?*]\5MY4Q-2[F7QY_L.+#,HAOXN]D,D:Y'G9GZH23-:"J6HX,)QADC-D
MQUESG2I2CRV(U"UPWPC?!__NP/B-2=V0!6?-::H</CY*#C]JK^);(7+[/,:D
M<XC\R3P6EEGS=.,%'_A#>A'.K_^Y\=.7TGI[EJ!497QL(+3P84W*B5.D9C*Y
MNAI$9ZA2R)TO#TS!ABBT10>J<CVV$`[X.'I4%X=^*#7&C"USR1;IYM#?,5QS
MIHQAX,`4B`G9$**3N8*JNB]?HO!K[*^\^.62AWSAS_9+5A.JECTQL._ZZ-85
MPE7NZ2CN4M99F<C+LLRLDMN=P66""=<0'++G0PD"G[SG1'29VI,8$ZID/3$@
M6:,M>.7L$@L,+5?ES]O'%5.IH7TMX4K5IR<6].F=.&MT5Y[HW5)@#K+'8FY0
M0G3[<&,*,S2[);BI0O/$5&"+\\884Z"AK<E!K"X>Q&>5-ZO=;CRA:M`3`R$J
M7E<>1*/ZG^S/_)D#LRZF-$.[4I;T^[ZS/WO?_-5F50LR52B>&!"*#V]6Y4OO
M0!$@R]@^-3!A%J+1)C6HNNK$@J[Z75`%TSLA.D:IXH<[J4*5*R<&=N\>WJP3
MJ*$SMD\-3$*$:+1)#:J,.+&PP?:[H`HF+T)T3M_/=(3.OT<SHDJ-$P.;9(]O
M7K'1[31?LC/*$28U0HC:Y\WX%Z+6J`HP/=1\KSRJ&+?D$0)9,W="["$*47]4
M!30]P"#UK[O5P1U,$?41L:X53(G:HRK`=.??AW%48-P^M(C2B!CY9&B5"J<C
ME?Q^<[T'6Z+0J`IHNK]B#=B6&+,X++^S&W;M4)]%Y$7$PG:`)4J,J@#3G78O
MT/K9>[FKW1V4$>41,;<=E(D:HRK`B)_@/*%%E$/$QB=#>_UM%FRD)V1KMKH(
MYQ\#;YFDWNZMZ^-?B+*A*J#IP?K`-N78%\G9ZZ67W$.4YW&($HA"B`#1&B6(
M\J`JP/0P_]8I@BB%"#`G4^0/+Y976]_SN$X*'/]"E`)5`4V/#)5ZY]!F/S'Y
M6_NX(;(=8DFCN!'U.%6`Z>Z+X"C_EI]4SQF>?LA>N!>WOFFG8H\JILU):@=@
MVJ%J99VCM+(CUF0[.F3J0H?L8#H6-.?I`4\V#XFO#LU>18$,I1=[0>EMJ,63
M*FEU#$A:NYM2A",I4K$R665;?_N(8RH7-+AMQ*F"5\>"X'48`W:%G5R7CC8Q
ME,M?Y%4*7OCR'TF^,;L(.R(&>(\E)9VR,^9L'?#YDL^9E[!948W6-W%7`*CR
MJCF)[41>4<6VCJE=?8>1Z?H5*4K$"QZL'1I;,#4.0G!Z2$#M?;X3?7(C<KQ<
M>6L_]8);V75B58=:'E"UN8Z![7_[FU,$]=,I69&496E9)7'[\&,R';1\&_!3
M1;N.A>N@#J?#KBEFE5$E*:@2EP7D?\_9)IQS':%$G03B<Q66Q(%I!-,#(7QM
M<(@J!79,7=AT_#A2DF.6C2,Y,=HG`*;^0=N??BA`=3@ON-.T_R187XLX5>GK
M&-@(B-2_.->3/6+9,R8?M@\HIM5!TUH!E*K9=2QLWSL$X.J8S9[]])%]OKRY
M8#=ALHGE%6SBLR)>1[%*[L"8CJE^$`LK#*"J?QU3UR8="WO[J&*Z'[0O(5:N
M:NPM?XJ")S]<7HE_^&D1AW^7'MBEZH%=`^=T#VA/&=-6XURD93IQY9H3)^3\
M+J8>0N.W0@&JA-BU<"G2$93(Y?]\"(@+:LPT-8KK2-H?[[N8Q`@!:8465)VQ
M>Y3.>(P>=#@7/OFAT@\SY)UP)'0Q^0]:FX!YFNIW_2&6.]$F_1KS?VSF_HSO
MA)LJ_W4-[+7;W91R#LA3L2P9*](Y,OIC:A^TN&W(J4I?U\(NO,,H\%7%B6:;
M,/7EVJ_@PP.75V4FV4]S_0&PSDMP8/S'=$"(BVUB4#7`KJF->T</",_9@%!@
M[L@<@&EWT.SD>`ZW`J;@B<\OXM2?!?R./XG7OUS[R\?T:^#YHKLL%G5Q'L9=
MJHS7-;"C[ZB6P3`N>3:6Y6-91J9RLC)K^Q3!U#T(2<L4H>I^70L[_$ZBS"['
M07E]P;K(IZ>6YT=_]ECU5K-'+V%Q3CKY("?>:,P"/_67CBA/74Q[A/"V3#>J
M*MD]2I4\(?+,*<.2X%'\>E@2[%@[-!9ALB0$X_1;G?UD'25>,%WHC?>EGW]W
MK(IQERI2=@T<&=[;FDJ`4Y50[2+6AX8J.Z$<"4-1,5$5_`8O>#\5_!Y5N^Q9
M./=[,!GNI4=:_Y3?N2L&!D_30NUHFGFA^*!A<U5B]C$CU[;:(2D%+C%/>2]J
MQLKV3+GEL>YA(BA$L04F4270WE$2Z!'SRO%C24F:G$WE3JCV&8#IG=#ZI^]9
M>/"]FW!VQT,_BK_(ZV5VGU#I447.GH';WNL:46Q-T`[,&=,IF$KBSHF3'J9O
M0D/;PYBJ;/8L7-I^*.9_$T.Z`EW=G=0^UIBP"0U.PEHZZ.\V\3K8)(>@314U
M>R:V+]8V8PM?F81E:9SKU9A2"8UM$VFJ2MFSL5/Q<.1%U\Z@=Z1O8QHE-/K)
MB'_R'Z+X5BQ,Y`:.?5A3I<B>`2D2:T#I>!3/F'RHMI:YU)$Q71':UPZL5/FP
M9T$^W`6S4@E7^E+E5R+AIYO+Z2U[\.276G%3;BP)$87;WV9;/FH'OM(P)1`B
M10CND_!#^4'5^WH&3@XC]2^#^23<S4Z/"7C0NE8PI4IV/0NGBG=@O*/+R\Y^
M9GT=T_8@0J??>KE>!_Y,FN.S%R_]<#<U^E1!KV]@,R+>A.+6R^(ITX_=Z?-]
M3&V#)K:%+55BZUO89;@;ZQT]?Z6QU[W=U<[>Q\0WB,OI$3WY7(J,'S?A/)&#
MYT&TH`IP?0,"W*Z&%%$Y=1JF$NDYW[D!`!/BH,'MXDT5X_H6Q+A#\-\_&'@/
MT>:)JU\6&5D6BBSGL##H8\(>!._TR6/^CTV2\GGQ<740>:C:7M^`MK>S)<4R
M(4O$*KJ`<\,%IO!!DUN&G"KR]2V(?`=1X*`!(QLOO((N2D0XBP$#4PLA>DWY
M=K/CN7O(0U4-^P94PUT-J=T8DM\FX-!H@<F(T.!V\:;*B7T+<N(A^.\:*S::
M"//"WS_/_?U(H`+7!@E,6H2H$;3G?VY\T=*7RRB.HV<_7&:[)/3Y@#WLH8J-
M?0-BXT$M*IT.66)6I,YWD;'LA(0[XP>F2$((6J("5:/L6]`HCZ+&SM6'9DBY
M>6RMN?+\R&,NQI"<5`\%J59B=2*WHFT2/#Z*:\,.IG)"C$_G6I0D%^%<_4>M
MW.1KK[^M>9CP6SX3J[K8Y\DG896;E*]J=S</J/+GP(#\>63;BJ%(I%<1<?4?
M14Z6965E7O:GS,U4]O;'I0&FFD)D6N<*54X=6)!3OSON8`(K1,HP=^ZE?EW+
M&ZK>.C"@MQ[1KI,XHG(Z0`],CX6`M$H/JCP[L"#/?B]TP218"-#)=/DMC+D7
M^/_BRI)?H\27%OY5_)CR6%XH=O_,@R?^.0K3QST^_0%5F!T8$&9/:%].ES*K
M)DR>F66Y]7UK.C_3!;CS937`=%R(D!.\H:J[`POJ+H%'-5]=ZCM)E,*S@SV/
MGJ#1`^>ABF0<BB^J@GZ!I-\ZI]\BBME*WO>72OYUNN(?\J7M?V$-,/47HNL$
MYZBB\,!4<,IF!JQMQOR/9?J_2J*TSQ-,-8:(G,R3_[T)^?US=/\8;1(OG(O^
M%Z>B7]U'7\3L+@V&/-Q#%ZJF/#`0V?+T9N:$D26("2QB>3*6IV/W$<N+J4GA
MSE2'Z<D0,9?H1!69!Q;B:OZ@5PD6I%>#Q][Y3)M3MOQE6F-TA89*47G\45#D
M`+91=>R!B>/Q3;6Z\)9F!6H&O;#I+NYI9NJ$6XGRLAVB'R9;0TC=I=^0*F@/
M;1S0_T''P^@XQ)1Q"/')=+R-@D!\X#Q[\7RZ^!KSE;]9);?"F/Z3%&24*G//
MOZ67HLB_:BE'U<6'!NY#.JIE.8TJF>0VD#P;*_-E2A6369G*ZP!),`D<@M(R
M2:@B^-#"%4IDTF0A0!9^Z(4SWPO8<N/)Z]0XE]'P-)GBHKSV-80A)H]#J%JF
M#E4@'YJZ):D)OB"#3/NTP&1P"`-!6IK[R4S&V^'SCYMT$_/<"I<O>B?%@<R@
M:N!#(QKX<8TK]:0R'],92W)<OA2[B1R<@##U&V+3/EVHTO?0BO1]&GTN=/RJ
M-)*;@THB+321=LY((L\#5R&+^$SF>7C)MB.USRQ,XX8PML\LJL`]-"=PFQR-
MVB<()FY#-`@$X5X<\GG6]%N>\/B)RYO*J[:\%FG\<)D<2!:JO#TT(&]3&EIR
M1I>1$X5EI>AKVK<XQ/*2G)S/,(D;HN86J:@B]]""R/V#9-N`09(U)W0;(1E5
MVQZ:NI^J+6:U3R-,L(8XG?X%SY.9MRZC^^MEIIC]9?#_NT?.:V^D'%&5Z)&!
MK=7[FU-\IJN4K'*O0;;"_BIE9GG?D4K>.@%&F$0,;=\&`:BZ\,C"?NDW2`A,
M#H98M$$(J@8\,G6]U5$LN!(LJ-QWDP6.7LL#.9(%B1LLP)1="`#!D?F0WH1)
M&JO^=,O7`K5'&7@MNR5^NOCJQ;][P:9VW_.(*NN.#-Q^=7BS2M?C0\K*+*R2
MAV69E"_)BYG*USXS,'$7@M$F,ZBR[LC")5DG,L4OLDA/4$F59R[OJQ!_>$\\
M]I9<CB>*._+&$\&=)UE2^PZC$2;U0KS:)`]5Y!V9NDCK>,;\L9L4[;,!DV<A
M`">SX=<@>M`Q@<2WUB=_Y0M;[-[^,J(*L2,#X2?JFY$#K5.P+`G+TKBS#V6$
MR:S0UC:!IHJH(PMQ)TX&_F&3^"%/VI<71I@4"FUOY/S<E79("6,F7W@J[WGR
M\QOD19:O^N!\[6G=$540'9D(+4%N[L&GZRK%,5&>OHBO*%%ES<MLGV68%@H!
M=)%E5$5T9"-JQ0_6H:S#I%,(J(.L&U.EU?%1TNH1:]R&J29WY:K#55Y)-9Y1
M;586]XZ%/-5W^A5%MDZO,2;,0N0(.ES1UNPDM?1J3,/?PK7GXPC4$XHJU8Y-
M;.$]H8&E3%<..I7,;!HRG;UN!&M_6!IC^BT$R`W>4!7=L8U=O69Y=''=/F4P
ML1=BXP9EJ++OV-ANWH9X$E=X$LF3Y>[P!)-^(2"G?\;S4,9<EC<K13*`ZM=-
M+*_-3+[&T8SS>:(^;VN)055]QP8V\Q[4HN)C7B=F16J6)V=Y>OV%WSX1,!D7
M`M`2$:@*[MC"-MVCB''_ZEI8%LBG6S?,JK!^,M;$,B/1K"#1.BNZ??5_C.F]
M$*Z6:$.5?L>F]N">-(A`_#5KVB<!I@5#X].CB-ZJ.Y;56Q.]W;@6>JH8/#:P
MHW9'.V#PV&H:5_96CS'M%YK:*M!447=L89?K`<#+"2&+^"I=>7'T#WWR(HKG
M?NC%+Z+W;\3H40D$&U<)HB:.K0EEG:\OML+$ROG$6\C@62O.4^E@D*<3ZV<8
M/<(X,,]@>C#$WBKSJ$+OV-36UZ/&F2T:.7+(9XSIL-#>)Z/]=9,^>+._RG"#
MY87NF>?=6]9N)YA0I=:)@5VL![4H!S]+7`VW6"9G9?K6>3#!!%-H_Y9X0%5(
M)Q8VLQ[%BWL5ASR<2^N]Y#M+Y"83/2/IZ41")*:']+VB4%Q2*!M(YO+PH(IB
MOAV-7,Q)[4\C$TQ)A4"V1"BJ=#HQM1GVI-&E0HU9.;JL'1I=,(T4@G`R&::"
M__'7(J`_9K,+N13[;^[%,N)-)/^X?XYJ^4'522<&ML>>VLB<+2H_*PO`9R*F
MRF`RKX[D$^F_14'MTPB34"%6[M"(JJI.+.REI=+J\*DL4@1<EP2L#%;[I[3L
M8^I%DC$2Q!0)U=_I<^3`;(=INA!^=YA)E7DGIC;J-C/*X22KD+.>3.US"1-Z
M(6!6N"2#OVD+BP+KEU-4]7=B8./OZ<T\?<)4$>WR"5,6U3Z9,,$8XN42F:AZ
M\L3"YF(ZN=J8-L7H5HYTLC(.3)R8S@TIX!(_J3+XY"@9W-#4N6O$.V;R!)1J
MGU&8?@U!:^JBSN-T!ZJ0/3$1G_B`!M5>U.JLGHGIVM#\;;!@\@M1UE8%F)[A
MCF'%X7-9?HMK(A]EU[B>@9I9L7A))P3'=NA$5,=5`48FI)-&EI(83FJ9%6M5
MJ="<L'VGB?_)#_ET<:5N%"WM5LL!HJ"M"FAZ8MG9DASW+!&3J>2LHM-59I7V
M`4?$:\3@E@$G*M2J`--SR$$$D),']D637;/+XU62AW8.MN[99=Y2K#?E&QV8
M'Q!E&L'(,D>(\K,JP,C$<-3(\`KUF4,C`Z+Z(E8G;/U?B2:K_G2]6$1QFF0W
M7NL0.;6X$\5=54#3D\&>MI1[^8MD+$M77.FN4[:/.J+/(C:WCCI1A%4%F)X1
M#F1!CG@6WDD=+BQYP3->//OIHWB0K/E,Q5XN3X%$#X&_]/1)6'F,L8P8I>:2
MP$^SQUO;P,5C+@<</Q2%R<*C39K-1W+[GN!&XL9D@VBZ"/S6"4@4;E4!1J:;
M$\:>G&.K+2:V#STBER*&;Q#Z3^+[.YENTB3U5)B,PZA`U$A5`>9GH)UMVS4C
MJ8RLDM.Y.0H101%46N<)40]5!=B?LP[BC1;%7L]C55E+S$45!F6SV5)>3:*4
M,'S"DW.2.S,1HK(BH+9-LPY5<.V8"MG0P)B4DP,RRK&YJX-IJ!":!LER)WKQ
M1FK25][:3[W@EL\W*FA%9M1:OE`5U8Z1B`S'-F_7#%;D95EF5N3.Y[+V"8,I
MK1`;%PA#E5\[5D(QG$H@9"I+"O[,,O[(CZ@YGRFU9K[A9S.'=3!Y%P+J`LNH
MFF_'7/2&)L:FG"*06W$Q-JU<&9LPP1<"1#\E=QG%<?0LKSNXS7=E[#PL-^E0
M5=^.@5`.^YL#C\N525F1UI'CN14;5>%O3ODEP$\5?SL6`C@<3H?*85T_9,^/
M_NRQ<C#WH:2(TO)>;7W+S^/*706^*&`ARUAX4BT422N9O9BS,$K+@[O)1KS'
MF=@/%4RJ=&M.<B;0C:HZ=TP%?CAER*E0HMP#Y\9)W8JAJAQH3O6]R=7SF_!C
M).#:=R'1I$/5>SL&`C_4MB('NTC`;D*FDK`_';J:JF*4*LS-*;S'PTS5<CNF
M]KN>@'7[\&+"+#2Q17BI$FS'@@2[%VFY3!`Y?#&/RZLS@RB1%X9%"P8IX,!L
MCJFF$`<Z!V[Y<A-H-^A%./_@/_ES'LZ3BX<DC<4JJ(X27:I<VC40=N'01L&^
M7\F@8B`76=B?>:;VA_TN)HY"((QQ8N\XT:5JHET#FNC!K3J*%2XM![J8!@JQ
M:)$75.FS:RJ4@@ERM,\'3*V$&+3(!ZI(V;6P,?5H:ARPOH@KG)%[CN9Y8>TO
M.+J86`F!(EP<M>!QS.?WWC>UT?^/V$_Y=+&HY0A5HNR:VIA:UY+R&C']G*7>
M-WU,@3W+)((*B_9AQD1):&M[,%.ER*Z!?:@'(RP2Z"-N3"5A4Q<0QG1`:&9[
M"%/5OZZ%/:>4/NW`V(W)?M#NIY\L>/0$1#=)LN'SW^21B[M4S'O3M9K(O@KS
M7DE_+Y_?A)^B<"FO9+T)Y5$L_XG+I[7,H(J#75.;08D-+DXGJ&*8K\K)#JM,
M5Z'_L$F83"==#0+?4-^2HG=W)?)-+%IG]Z;,G-B6T\4$1PB?<P2CRI)=`UM,
MF^66+H>I@I@JB65%:89EA4EE2Q:G[\$N"E1IVF<7IG="[)QC%U45[5I010V.
M9%LC%5M+MLTRMHEQ+1#%O5?W;?L%VV0:!V9+3%J%8#9'-Q4QX_[1"YOA78\J
MO?9,[51MJN64^5-'PDG%.]V<2GN8B`LA=9=]5(VW9T#C-42\K<E5Q[V199[K
M/-O#=&*(I[O4H\K(/0L[:&V,@75CW!E-PCU,HX8`$S3JK+U5JU^$\R]1^%\;
M+_`7/I]7'_T:>])H7V-_QB_2CYZO+WJ?+JZBU2K2V.T/L]*C"ML]4[MOS=JC
M\([<396N_>6_Q!]+701;RS*8E[*%*(4]R6+447U5D";P.Y>"M_0P)1PB>V[4
MI.KI/0-;?BVQLAC[MB=NZ;43;V+%JUX]S][&U.O81<KD"YEZHXI"HPFL\[@3
MUJP"5)6_S4G\+?&7ZBCH6=BS[`2?WS?`YW=.$1KS:$`^G![_4W]2RE779[YZ
MX'$M!ZFNC)Z)&,:O:U\$ZJQ^*?^IG[6_6:6'^2J@82V`2?4^]&S$$#XS<#$_
M`30TX9Q<DHK!2PQBZK/HM]!/]X!,]0#TC`29J&E%>>`M3\!4"B:3.(0RIM=#
M2UM$F:K$]ZR$B#ASU#'9'%K^],N:>+R(XI7<)W7I)7Q^\>S%\V0W\'VJ%-XW
M<?G;CH84MS*5:9A*Q'0J=^#N8SHUM+==N*G:<]_&'6]O`WY,*X;V)^\BNO*2
MQX.@IVJ_?0/!:^L:`78-R03N08Q)L-#.]B"FBJ=]"[N"SQQR3-J$=C\9\O_#
M7ZY7ZR!ZX7P?V%0YLF]`CH35SV$53UCQR"$\,:D/FM8&GE1YKF]!GCL_?#'E
M"YKZ9'S552\7XEUS^;X]"%/%K[X!\0MK0(ZIOG.K>.@0JI@$!LUK!U6J"M:W
MH(*=)\J8%@;-;0=EJ@S6-W4^?S^TG[T7UGG'1/N[3L*,B6'0WJ=_)\=^%-]'
MAP)-5<+Z!BZ/PIM0?`O+I_)&1!?!Q30O:&-+X`ZH:M?`PIU0YPOV`%.\H,UM
M@4W5N@:F;FPZ$&''Q^T!)G!!HY^,]I>-;.=TD3G?I_$K_5]+`YE+_O+EWD\#
M/EW<A.I(\,8++K[Y22TWJ&+8P(`8UD2#<Q+ILN2FA'SOPC1FP#^2J2OYMH;+
M%Z8*E=G*8MF?LF`'^(:I;1!(-_E&5>8&%I0Y,_P[D72RL/8WV0XPN0^"Z2;G
MJ`+AP-3Y?Z>(YLKHA@F1$$(WF4:5+@='29=//'Z(=G,M2V)A6CTODF%J*$2/
M=@_X-.1[%N94'71@8A/@5M6WK^H6/SNT[,:T3VA2TQA25<^!C;U_9X,IIG1"
M$YO&E*IQ#DQIG+N`=`=$3,>$-CT=1#WC7'_C\<Q/O(=@'YQ4)7-@0,FL:T2!
M:3:M5A(XA#`F9D(S6T-X2)4SAQ;DS+-&?(@IFM#LIQ_XG3WR^4:N-_-5ZJO%
M:;*U.KV7UMD;''!(%3Z'IH1/4G./_N)KGSV80@K1<8P]5&ET:.*2^R:(DQ<B
MJ5-/(O!)]Z<JC;D4KW:(2:$0.,>(1=5`AQ8TT&:)%BU8J(FF+E<NB)9HHGF:
M:,M:HK4O@`XQ`10BV2#3M@]V'D@MJM0Y-"5U'M>^>IG)F2D-DRFA^=OF`U60
M'!J(B7H:%?!)Z_6!9!?G*$QKA,"TS12J%CFT$%N5R)RM62@/=./TI(-)G!"I
MDZES_6W-9SIJ0#CSUU[P55]"E7S8<!5QR`^?Q&0M?[I8QES5*CF03U1==&@J
M(FL#C:[L4-%%L.SVKD3=1:I#*Y7%,"\OAT4/@;_48=O;9Q<FMD+<G&075:$=
M&CB,W2"Q\J)8R;"\,"9*TW'D;DJ"E>4Y.0-B@C"$T$FB4;7CH87SX":(MSYV
M:,.8Y\`,BBG5$-0&%E^UQO_,Y_YF):/R?8E2/BTG`'5<=QI>1:&Z%6KC!9^]
M=!/[Z<MAW!Q15>^1L>BM%JQRT!R\4F_1<0O#2`;9+U_$'M1QZ4@%?LW?Q5;9
MRUIG[@A3W"'DY\E<JC`_,A'YU2)IJQ^SNZ9XIM^H8\#*=[+*2[/S_E,9,K8D
M</YB%Q<"(\P/`,EPGIRFN@M&-D+*ML%Q\;&]<S5Q^B#MY))CA/DD(#L:('EN
M_^GB=R_VI25N0F%%L32[#E,_]7DB(4PN7^[X4M;M0")3W1,C4Y%GFVIYSM!B
MJ!0,_?WF6I$O><<>7EBBL[7/)<SK``%RETM4?\3(0&R&IFE4G<P+2HF_\S)9
M7BC+2U53>2+WR&8%.SE98QX."*B[W*/Z/D86XD@8XZ(8TE:5X>TIYZ*?<Y'G
M7`2CGINS*N9%@1"?S,8\<OX'_I!>\D44\[M-O`XVVNI?1`TW<2QJ4LLVJO]D
M=)3_)(U2+]@Y:\H$__>8EA44VCRHS.U#CGD_H)W;@YSJXA@=Y>(X;'([%NWR
MBA&9@^DL+,N3S5-EKO8Y@?DL(!#M<8+JF!@=Y9@X;=(YA2/Z\VPN.?*@.9)D
M',GFC[#(YL!D@3D<(#2$>'0/Z4V8I+$R;#YS_S?W:G<HCZA^A-%1?H2C[B"N
M:PL._[MR7?$B$K6/-:;P0W-;Q'I,U>7'!D+)[H=9C?]EDO)3YK]=@'F,R>'0
MTC9AIHK88PLA9`^$W2]AW^K=[0_E8TPRAJ9O"/<K+P@^>"G_&,4?_3A)/_J+
M]/$B#/TG,5YZ\4LM%ZCB[_@H\??DX7U?^W)2R'3J&W`N$C,QW;.%3,F\,JG\
MJO1#\0GI!6Q63=X^93`!%B+4-F6H,NOX*)GUE%GB4+:\GCED/B8S,I&3J:Q,
MY665S.W3!--6(2IMTX2JH(Z/4E";F&6.HDTY\[Q3PTAUQ)&\`>..`U,2)HQ"
MG)HGSAT7U9L?S!RJ_CD^2O]L8D["&U@_*26;AX3_<R/'G'.:GS`I$Z+5.G^H
MBN;80'2*$ZFS>X;2>5V<HC`%%.+2.E.H0NC80@P,"G,JGT?;<U2BF>/B)(4)
MI1"HT[UW_K>OD1^F'P6L_R^/(_F_\J*_.Q[Z4:SDQ`\;?O\<W3]&F\0+Y_?/
M(L&+^&'W@?XQ548=&]C?W4R3"S>+_XVIXI@LC\G"]/^513)=9J;"RTUAHA26
ME\MTP>HW9^($C#'E%:+I*NVH*NW8PF[OYFFX5C1<2!K^2S)0_5]YC;(8Y10-
ME="O]FVE@G)I3L-4TS"MT-"!X0]3A2&\CO)P0E60)\9V=C=*ON'?^K_\\N]P
MF.O^TNVZ,Z9-,.D90G0ZE_@3#Y55<XMN6U4L0<0?FQ@WZD>QYMC#)JI0/3&Q
MV[JA1A?CF"POFU#+N?3UA%J66CN=RJ(=XAXF?T-`W>4>51B?V-@5_8.+!W$1
MT]4AP.YRD:JX3XQM;&Z8@*.__2+GU5<,$[/JP"$V8?([A*@!-DU#+DUTC$E5
MYCULH@KS$Q-;FQMJ-#:2R4"A:D`Z82#3Y;C#/4S!AX"ZRSVJM#^QL;7Y!Q</
MXB+F#8``N\M%JIM@<MS&YU-FU68(./I;9X#.JB.'V(1Y#"!$9-U#_%>83!JU
MQJ#I<Y0K1%H@NO:7CWLN*II0_0@3`QNJ&VDQ%'WE7W)T4J-8[0`&:,E4H0[Q
M#7,S0!P=Y1O5RS"QL%F[5?ZA$ZAK%,1<#A!:1RE(]3A,3.T+;Y1WP[\-NP-L
MZAP[Q"/,90#Q.9E'RH3*HG)I<8QX_NC'XBM?D&`7EWKBDY_$)5U`T]-G8ZW.
MJ:0'+#V&J97\*9Y35;9VO#K"OZKU"_YAF#K,/YJ?01=@>CHUPT?M04T4'T]Q
MH6H^+JI\;-N'6H6C2LCF?`_F"4ES/N@"C$RNC;-P\+=1C2>UUW=HB(,>!`RE
MTQDE[))R\=%?&K)RL!&SY+TH;:?;0-2/YC;0!30^K5):6@Q=62%;$^?6R=^Z
MF5,5YA"OH"\!P\TQ7M$<"+H`X]-EHSRK3HC5T\.U,V*ZQ3,'ID3H.,"`=(QH
M-&^!+L#,--@$NSK]?T=&+3'Q]1P:H*#(C^%R^J6FLMWY^8BOL0^0+&M"D^MU
M`4W/9K#ZQ040"M#BY(=ZUCZ:4&3'#&L#39IBK@LP/8?L0[<XG;.6SQP8Y*&F
MC5G:!KPT@5H78&3DKL<T__&=AK-]-*$\C!GV]#,T?C*+-F&:?.'I=/'1\^/?
MO6##+^;_V.@0V<E%.+^8S>(-G^<1O6KQIJG!N@`C>)_2RB)^"$_$"B\K@,G5
M7:0N+/7*S.VS!(J_&!Q.L*1#U7D[%FZ[I!"FR,M"GLISG`N1G3W)_%72*"IY
MNH@BKEW[TT<'TW$A9FY0B2K9=@QL#6^&.B*S#,(ILS.5GU4*8*($EA51A.=L
MGSF8X`HA:NBX)V+86II0A=2.G?`F2),*#0(=0MJ''%-$H;E;@)RJ>G:,AR?9
M@?;K\][H*-`^^)AL"0W?`OA4:;)C/>C(L5W?@74"IB5"RY^,_@V\]*<2S7^W
M9-BA2H8=`_=&'M*@''/L;JRMNS.<D08[F#0([=\.#:AB8<?"I9`GT@*]D\\A
M5T,'$QDA("?S`HTR_B('U3V<H$J.'0.;=/<U)L>_)B3_BPY^[,Z8@"F0T/#V
ML:?JD1T+&V;?&A<P_1("<3(7+IX\7PFV,A2.%_`[/I/Q/WV>_!I'2?);&',O
M\/_%Y[]Z?B@^F3>K3>"E\LN['$R36L)0!<W.48+F88-%(RW.6504IB-)B>)8
M61Y3!;*R1":+9)4R!?E8I=3VV8;IH!!%-]G6I0JC70O":+/L6RE-/5I(';3@
MU#KF[U/O&]N4O%N*PI(\<ON<SS>SU`^76,I`5$(P-PHKMWPFXF_FY15_+PIY
MGTBF)R73_=7:TV56LK6_BNIB8BSDB:-\IJJSW:/4V2-DMT9)K`?)UV1MGSJ8
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M`;+!):I2'0Y=4QN@Z?QT5?;`_`T0!\LDD0N06I)0G0Q=`TZ&TYO9R-0H"VJ?
M2I@S`:+E$)5Z5`]"SX('@4XM(U.C7-J?[=38P_P$D`TN497J'.@=YAPX3:.@
M<]158:*'N04@&"XQA>H+Z!WF"Z"J$0V,:TJ">#VZN"A`]#"Y'P)E0-ZZBL+4
M#S?1YI6\\S4;N>5IK?M'+^QT/XN4C\G%<ADKI#XIRQTKA?6HKH&>@7WDUJUS
MF-.J?#GP7.7O9^HPG:P!ZW29K@,K*L%T+5SV<_4POP`DR1L@/M6'T+.PA[Z]
MCG",_^RU3VP6>$GB+WR]F$3<8^FCE[)'[XFS!QEV!%F>RLO;`MF54MF5TF<>
MB,0KW9T<]:CU,(\(9-D;Z#E4[TGO%.\)W?MFN,M\*N@J1GY-52=7-IAK!4+:
M`DUSNT_C3U&XY#&5IE2/3,^`1\:Z=9I;V93KF6G,=!W.:V6#.8(@2=X`\:G^
MHYX%_U%[':']E<WV<D:N='1O<G5A@[FE(,G>0,>A>K-ZAWFS;"]LB#VF6,Z4
M5'5R88,YQB"DC0M_1R\K2W/O5`6I7K.>1:\9T0:'N-1.%E\JH[P37K<>YG6#
M:)\+3_M4EUR_19=<0[P]WE_WX"4BRVZO'4TED<_2QRC9VHQ\1AZ_/N;Q@V0[
MFVY"=0?VVW`'-M0_SD0:Z6.N0PB<=<J!]=N!E*/Z%?L&SA@9LD%3*PA4Y'!M
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M:%P7Z/9\AGE3(%QNT6E`]9D,CO*9'#&?-<>A8C[+6=0Z50:81P%"<?I%Y+-'
M/M\$?+JX"9.-L-Z,WX0?(P'BY<NO/%K&WOK1GWV2Y0F;WDM7_CW_EEZ*-_Q5
MRQ2JVV!@X`((2D.+F^ZS,N3T5)0BMXRI<MCE"RM+8GE13)7%_I2E,55<^_$_
M!YC3`,+F%JNHGH&!J?LBFJ!622=?N4C%'P\O;%G2*<BRM\\=3,B'X+C%':I:
M/["@UC=!(_'K)O!B=3-6$(E2E+KN'THNF3CVD[^D@A]LU*'OM+IH%RD>^*,7
M+'2I1=SSE1=Z2QWXW%LL_,`7JRT'-@$.,$$=<L$(52^C<'XORCN0H%2M?'#4
MP1[ZE(DW[_")4N9GL@`GIT=,%8<0N<`;JA0^,'4-[^GDP:?"!TD8V:+VV8&I
MVQ`(%]A!E;0'%B3MTXERS&0G6RN?*AJ]D=D-4\4AY*?S<+-:>?'+=''+"YL6
MMZ$D`J$"K^P#6]CP0%Y2I?&!@>L^Z,TM9C]=DIS\*F65=P8EZCA3.<R5Y3DY
M&6**.D3019I19?6!J4!?S7&M2C"O))C<"E,^B(I"VF<3IJ1#H%QD$U5.'UB0
MTYLC%CZYQO5TDV+[;W?LZ^8A$%^4'_U0)Q+3[5T:;V:I*&%>_(QQTX$9%=/E
M(>YT<FHS^%[PZ\839D@Y_\+3KS%?^9M5<NW%(9\?1LHA590?'B7*'SF3'MU,
M9`8MRF!%(>H:WKP8ILMQ<>8<8MH]1,PE.E&5^Z&IRT'HG"J)M"R()*\"7^=$
MXBIS^ZS!M'D(C$NLH2KSPZ.4>>+,>#*!\!EQ4:55+:O$A)=_<A9/O"01=9PS
MB;^:)V=\+OZ91BQ2VR)FT6KMA;X+GYI#3/.'L!-.4XM%P%(N!/CNRP*'5"%_
M:"3RUZO:E_$KU`-V*X--.'/YWQ!3Q:%A+8!)%;V'5J)9[0'7SV]ZE$G8?!,K
M74DLAL7"UH_F#G1>3,V&MC\9[\M@PV_]^7(?VE2I>FA@U_:KNN?8RI^9^MVA
M;HO)SM"HQF&D:LI#"YKR7EC;1Q,3;Z%M"3=T;VOI<H_4+.7S_,#+K3`B_V^Q
M.*D]OC.DBK1#4_N7#V];O4OIG=KB)7.Q_`"8&,!%OG?L1>9LGR"8[`HQ:9,@
M5'EU:.'B9J-<:9\DF)H*<6F3)%35=&@@(@R%%,4FACQ3>6Q;96/_[<;P@4F9
M$(R3F7'_Z,?SKUXLC%5*PG4D&%%5RI&IK<-H,RKGF^,Y6\NG5>&[=6Q'F*X(
M;6P)6ZID.#*PV?<`6-73JG^V?5@QX0^:UQ*L5$UO9$'3.Z7WE@$0V9/OL3!Z
MTCL?"V]6^Q_L(TQM@X"<+M"H:))POXWXOX]+?_8U"OR9SVNG]!%5@QL=I<$=
M<X/X80V#4361/4/2I?GQUYLKMLYRM4\+3+>#8+1&"ZJ:-[*AYIW$$'P7Z\><
M(5^=80BF]$%<6F,(50$<&5``&V>$R.00(S#1$.)P.B/RJ*Q;9N1R4IYNTB3U
M0NGSNI*.K?LHFZ1Y_=?BB"HNCHX2%X^96DYK:$&;(N:XMSWI<+5$85%91ND&
MC(MBVN<1)E="M/Z_]LZUN6T<W?-?!77JU)YT5=*G=9=V7RE.,N/=)/:)W=TU
M.R^V:!&R.$V1:E[L^'SZQ84W&X\DDH]PD=,OIB>6`(C`_T\"_`%XX(R/L.QR
M9B*:N%5+.3#,A0BGJIPSGL+BSIF&(`TG\]"+?HV*%V32*(.(0GB8PF\./98@
M_JD*U?^5N;$]H%HNXE]%[\4V@:OU;UX2Q'FZK'8%[#4/%H/..F'0+@2L:Q6K
M]^OFUHEJ297/-UM\>7^Y?+Z;XD&6LF=714J3AX"_FE<_8M]9$#]55;3OK#F6
MK<XUK``]C:GJG.0J(C(O?T(5N<G2';O,(22K2N.`7;"X=MX)U_;D>J=^)H'/
M(H>>-G,(_:I2];;/IYPOOZ^:\MI[$NOVG\UW[74,E@3/=<5=:%.K:O6O2-M8
M^KLK4K]5YO_?B`4`/]DW!82!537LF`++@.<:UF'V\$.]IZ!,_6(ZU[X+(.JK
M-K\=%V"1[]P`\GV=KH!(KRH'(B)F-27RC:YXP&X^8Y:*,,G4?__TF6;\.7RU
MOF!_!IE\>]QK$RSWG>L*4M"KFB]0<#V?F$<^%?O@4DI"F9./-U8BKUCAGR5Y
MROZ5B)Y&&,N^DR!"K"KFB).P?'BNX7A,E(F:^W>;N4F1G<=**0K@KSZRB(+6
MV/<.1(55C1SQ#I8)SPTPX1_82Q`-5C4[%0U^.=W7APC/L41XKBN^`**R1Z<7
MGB^3<'&R:@Y1854LIZR$Y<-S#<MD3^JB8K0$S)J[/LDPAU"P*IA+=EI@H?#"
MP/F&.NP%K\MPW6$+B!ZK&O9V6/4^RP8.'V@2\"6/#Y2?=)-X*_8J?'##UP)+
MC!<:%OBVJE'IDCHQ]T>=G%3IW=GEMX!(L"J!)2M@4?#"P*+@UVL-B`>KDB`V
M^Y1SLU7$H+:^P-+@A08:?+PZ]>:>:E*Z2NJD`2`4K+:]#0-@0?#"``A^A8:`
M*+"JA0U#8)'O0A?R/9D+.,_]<OO5)3M`*%=5HO]4T8O(.4_54/M"A*IY.N()
M++Q=:("W+>ND!I$JTS?>-XH<#AD"XK.J#-8,@26R"P-$]G4;!(*NJBR(6&-W
MMW'FA2_?[8_X`LM5%QI6VAZN2AVX\.Z=2`9A"'=DAP"IVNJF9<<RT(61`*NO
MR`80V%15Z&V#KZ+9O#!\^L!>J9,T6`?4/^B!P2](<"D*./6M?Z`>I>!U$M)(
MXXS4C6:II08:VZC42*XH"M!]N[\&Z0&B"#1^;^G%$7LW&5]'>T1P)#T4!9SZ
MWE:NOI15'DTJOW%(3(`!`@UK0$PD\A,%Z+Y[STU<@.\!#=U;W`L^198\W>SH
MBCVC5D<$1B(]4<"I[U:P!J6HQ9>D_-8A80%.!S2P(6&1:$X4H/O./5>A`0('
M-'C_858<_1H%&?5;/:*1O$T4</*Q-%2#:B@5L_\7W[KW;`90&M#"AI1%@C-1
M@/:A\[DJ#3`QH,7[S\#3B"9>>'47!O>BM8YHC81AHH!3W\5[ZE#-JLNO2?V]
M0_("[`MH9&/R(J&7*$#WK7S.<@.,"VCTT\G]F7KI8=`Y&&`AUT`#Y#I4D0-"
MOR,BG3N"#R#2I;:X6<&QJ&M@`'6]&@-`O$M5H+<!ON11L`IV7OAK%H1!%AP;
MK`VPV&N@`7OMJT0I=/4]J1(XI#`$P=1F-J<PEH4-#+"P\U8<(F-JL_</K^%]
M?^^M_C@V93'`,K&!!B;VXMKKTZJ^OY.?.R0CQ,'41M4N(Y:`#0P0L'.2%:)>
M:B/C@M_LXB1K\3XUP$*O@0;H!57@6<B:ZCN'1(6`E]JZ9D3%\JZ!`=YUEB)#
MK$MM[=XB_SVXW]#DHY^OVJB,)5T##:0+K$$IJ_R25-\Z)"Q$N=0&-B0LEG$-
M##"N<Q4:XEMJ@_<7FGIAMKGPDB.(8XAE6D,-3.OEQ5=RBL\)_\(=)8<0N%*;
M5;^26%@U-`"KSDM9B$BIS=R?5_#W=2]Y^GN<IT%T?T1>+(X:ZL!14`TJ,E%\
M28IO'1(6`E%J`QL2%DNAAB8HU)D*#?$GM<&1&^WBY.HQHGY+ZCC$PJBA!AAU
MJ"+/]]7%R3N1R$7<.(0XE=K>9N7&0JNA`6CU2N2'>);:_OCYA7;/=2S1&FH@
M6G`5U+D$]Y[D$-92F]B4MEBP-30`MLY7:XANJ4W>?YM;EOOLAS['7G3LX8U%
M6T,=.QJ5RZ^VK\EOB/C*(3TAJ*4VK0D]L41K:&*KXMGI"[$LM:EQFUNN\[LP
M6,EMVD=(R`C+M$8:F-:^2CS?VB(3D"*%.Q*/(,BEMK,YB;&P:V0`=IVYY!#]
M4ML=\3*5T20J-F&V?)D:82'82`,$.U21^N6ID<;%=Z<1A,34YC:K-I:,C0R0
ML=>A/L3)U.;O/T+C,:UI<!]]HZ&747\9^3?Y7?7I$1M@@=E(`S!K5:-JW%9^
M3(K4A"4G/-A$_8T[7H`@FJJ!)2]@:=K(`$U[Q=Z`")NJ26]O?&8IP[_Q>D?\
M!X_U#UC"-M)`V.`JE&J+;TGC:X>TA0B;VL2FM,42MI$!PG:^6D.$36WR_C0U
MCOVGU!M>)<L[5O]OK,F.(=41%K6--*"V`_6H."I/\A\I60Y)G!"/)W-(9XB\
MJ2UM5&<L@AL90'!M=1>R7R5$I"(RF4/J0UQ.;?_^!R"DXL3I,F#B19SL#FL_
MQH*YL08PM[<6U6$%,D$=&)(G<4?E,83FU)8VJ#*6S8T-L+FS5QVB<VK+GTKU
M;_1S=F1WSAC+YL8:V-S^:NS5^1LE+)%#2D-D3FULDTICN=S8`)=[#<I#5$YM
M_/Z3+CSJ(?72:W%Z!JWCIO-'79RTV"$PQJ*YL08TU[Y:U41,D8,464@CA'PC
MDT/.@!B=*H9-9V!!W=@`J/L1G`(1.U6<WD[Y^)UOC_M`'V@8[T33>9'G>T?,
M@05W8PW@[F!-2OUE(M)(160RAQ2'.)[:XH85Q^*\L0&<]VH<`-$]50'<8HWZ
M&+XCRF.YWEC78:M@-9ZMS7"(V(XADJ>VK2%-L0QOK.'4T^-R-HZ.=$A8"-*I
M#6Q&V`D6T$T,G#]ZID)/($ZG-GC_`&=)G+*1+-T&^?:CET34?WD$#J6-,W"*
MX[#V.@$+\2:=(%[&#]TX^-CF"?Y?_WI6D=!X;OM>@.B=VN2N>`%+]B:=R%[/
M,'AX6Y`B.Y'YB7(F%*7VG0/10%4@5YR#)843#0>,FG'*L^/#BC+LNP<BBJI(
M)SAX\C+Z?1.'X9/8+'B3WZ6!'WA)0/=;!8L2)]JVQ1ZL#W#J9!"11Y'X72RV
M2J:-Y/8M`*%#M?&M6`#+#"?&MLJVLL0->T#$:\)&I&3G)=P9J^(@P:`J)#WH
MEI_MVP7BAZI0)[!+>AU2_Y[ZR_2"M8:7\8"URVV<9,%_4_\B3K.]ML'2Q$DG
MFMCKS-JCE5,?(RG9R3S$2YEQREQOB5?F8Y^FF7V'0+Q1U<2J0[#T<=*)/G;M
M6WJ9H\A#EBFI<Y$J&[EPPAL0B535L.H-+)^<=.*3V$ZGM5=N6:_S_$G!^Z+@
MV./%@1X'(IVJ2OWG+_[,`WX:\%?*>G#6(=//;$!_M6XU0,%RSTDG[MFAIVE1
MJ6H"0R3EPP[*7EZ"Z#[EQG!KC`HQ4;7Q;5A@BB6D4P.$M)<;(LK?7'AJ\B9D
MZ7]Z:0O[CX8IA%!51:SX`LM+IYUX:;LA1G<?7$:$)28R->')R=6:W+CT<)A"
M[%1M?BLFP(+2:3M0NI`FB.@]WS!VJ(?X*I.\PCYB"H%050#$V8Q1E@1W.7^H
MIK=Q*_FQM'/:B79V&!X<J$Q].&,C"<GB9VJ_Y;V#?<DA>JDVNE')L=1RJN6T
MU8YJW\:./>(A1JDVM5&AL6QR:N3T5=QM+L:`[$&_\G9!YH4DH5DNYC?NGEP;
M"4)84M4(L5DUNK^ER7;YX`6L])!^BI,;+SP2E6:*)9%3+1N2#U6EWJP:W1.>
MC%3I"$M(>$IWUE!,(=:HMKIIV;%X<6IDK_(KL@&$%5453-L`2Q*GNE8ZMM?^
MW7/MW[&$[QS3'L*#:M/W#T^RB9.LA_A8-#C5L"3R2%VJ>4J>[`SN>H@*JNUN
M6OD9E@C.#!#!U^6$&<0!51V,.P'+`&?=UDRV[P"ZR.]^%S"#"*#:^$@"V%%[
M+/J;:=C]?*@B+U"?T[<[A/K4!C>K-Y;US0SL@7XM^D/<3Q7@%*L(EMDG+TA^
M\\+\F/Y8\#?3NEQ1K0BTAF29$9Z*B&0.Z0WA/[7!S>J-Y7\SHVL3SUM_".ZI
M`O36OUB\G?Z>!%E&HS:KOZ\I$Y8U]3V]6B^W<1YE/'K$EOJW\5>Z=VW1#,L#
M9[I6)IZ\"4I[U:DX2);I2)&0X^:O#LPCS2"*J&IU!O["@L>9AG6-^JQ5%$R*
MDMONNB`-3UXIGKQUQ),0TE3U/0-/8BGHS,!ZRK\\VLNC$'I5]>X?3?(N\'@0
ME1NZXH&9^"DG1P9E6.@ZTP!=]]:BBAS)$LAH<D42<9Z+0\,OB+.J36U.YCF6
ML,X-$-:SEWT.056UZ5&R7T:KKW$&+&$_8@`L6)UK6%S9HC[/I&=I"4N\9^.&
M.S:`X*HJ@!4;8!GKW,`^]"ZV>'^Y5&SA.6H+B,&J@J!L<4.3AV!%T]9!YN98
M"#O7L+W\8$V>25^F<C-RW!RBKFJ+&U8<BUWGG;!K_T?`"1Q@?Y7='`*QJ@3]
M)U[R)&;O.#1;KO[,@S3@U?\<;(.,'HE`.\?2V'DG&MMRMNU8;:HI%Y:0B)2D
MD904:1UZ`D`<5FUZ"_)CN>J\$U?M.?EV8CLX\#B`N*FJ!6)>IN`B)459WJ4"
MC^SU`99_SK7LZ]Y3BWH&IL0_%2WZ9YG&@9L>`I%J0_<6N15K*X+S?-_15<8)
MVWO*Q\3BCP]Y$D3WMX_L8I\^!4F:_8-ZR3+R;S<TH=Z:#9L_L0J]]T)>XLV&
MTNP#&TOO=1"65LYUK=FTTTZE1S\%#Y0\L1PIH9%/_;?D`UV)YQ`9#=Z2X2^C
M,?$BG\<V*4I[2\K+(,4U\(=8O*Y,;M_9$+Y4#?!:G(UEHW,-;-2VJ5NR^#*X
M5VGHVYB\IZ2Z"B(O@\CK(.)""+\2<71??2V$7PPIKH:(RR'\>NS?"1#A50WS
M2NZ$!18?+PS@8\MW1IR0=75WW%=W1U#=':OR(MZ*>%;>_7TBMA;S&"-\JHH]
MZ'?%;9,4YUAFL0Q]57V\HL&#6&+VN`E6&Q*POJ6\PUC:.RK"D,B_?7F'\?R9
MO,O6XB[C7=*+CH>L6:[XL4R>LD85PO-+JNNTBXMA=4)Y_&Z>VF<)[0^J%Q!V
M5RU[ND'UYR"BEZR)]FYU7&!I^\+`^4W[JW5@F,W3$)'(ONP09E=;WJ3L6+J^
MT'*V>@^9_UGK;/]]:@&!<[6MM?:UG_(L3VC9;Q3M](T^T"BGO!?Y1E?Q?<0#
M1<ENY";XGFUN-TF<WV]N62TVO#/Y5#YF6_>[6#J_T!4.P7Z;M7[/&H[?LN$G
MWXQ=C4;EE3T+0<LC=-AW.C1AH)K@-3H=.RNQT+`8W'YS=7WO*HQ=&;UT>'%!
MQ6M8?4WE>YBX*E)<%A'7)5_'JBMS\25L`4VNJ$YZC;<+=O9F86`MO?WF4V^?
M-B]FP.N8O'M>O&LE]6W4>-E*Q:V4%;=2)FXE\<Z%><FR?ZM!$UFJ"YVZU3Z&
M_+O*+I\"]J[;_X[#3I@M=&U$<*;IVH_(%N<S(H,F[%0OO&+?8R<(%QHF")UI
M-5/CL_+BJB%:=7GG,$R#YD-57[WB>P@[1;HPL*'#F5:T,6BCY?U5CMO6U?WU
M"L9NT*RMZDFG[C\^SJ^L\GP2IO/=AYW&7>@*.>Y(PV%6+)S+,`Z:KE6-\4IO
M`=9<N%M`%'`.@SB4^_4CML:([>4Z!X<'<`WUZ[L'\-2KO7N0L[FB@',<OIWD
M;C)#W!ICM=>TMJ%AG>:MIW&2^Y8O+Q'_V7L[(&>Y10':9[GK>AR:YA8)K,]P
M-UJDJ?+I9KC[J(R<>A8%&%_"<EZJ`[.]0+OW5OW7B(JS59\_Z`_N"QG^@IR'
M%06<^N8^5)%2YS*-,AYS92]0HV6:<I]NMK*7W,AY1%&`[KO\E<@/S*`![=]?
M_AW[P2@[HC=R%DL4</+;NWGEE:#R0X?T`V:"@/;4K!]R-D84H/U^;:.G`T-K
M8%H":&#,H"OSPE#$"3RB*G)^0!2@843]XO(;0ZKJ&X?N3X!R`RUK0DXD<!8%
M&!@ZGY>\`,$%6KJWO,O5*J%'HR<,!UB2.M!`4E]<>RED];$[*@X@DJBVJ785
ML41O8(#HG9&J$*12VQB/+[[1^SP4+90N(_]#\!#X-/*/;LP8#K#(:J`361VK
ME8HR&CG$1$*5QZF-&XU6:_I"`];J[0LLY!J8A%RG],EG9_9Q-=JPZ9+38;!F
MV-'K.`Q63YLX]&F2WN3)+LSWFP.+P@8:4-BQRL!!I'?-E/]!4IG6OO(0$5.;
MW;SR6"HV,$#%>CCA:DV>I20WKA@!8F.J"KV-\(&N@U607:W_*_?"8/T41/<B
M6M!^!V`YV4#7:N^]52GU+A+PV_[/*@GQ1!K[0D,036UL@T)C@=K``%!KK3F[
MP>LD,B"6`YI#G$UM=X.:8W';0`-N.W.-(?BFMG-OC;_1/W.:9M3G:UE8O6FT
M>OI&4YH\L%%Q2+V4\K.:#W?J6"HWT+4,M$/E2C-46<12FB(/260F'CZ$YY)G
M4SO2PT/X3I7$ID&&6+0W-!#DIH=7;I^ML(+]4KJI7&8E2O(;!K(_73.$T*&J
MF54'8;'B4$.0==33I9&'%)E(D8LO='7E_6$(`4A5C9.\2"[]?^6\;;[2K#X(
M[#):Q=N]:ZF&6/PX[(0?NQQBU:YB,%7PB@PDHAD)JBSLGSR/?5-`]%&5PIHI
ML.QQJ"'R>G\_\"-W2C^P'*3.0BX=\0/$&545K/D!BQN'!N*R:WQ>.##"@'"D
M*DO_%]6"OE][_-7MPMMY['WN::\?L!!RV`E"=D%08#VJ]]3B6[(JOK"O*T07
MU>8UI2L6+0XU+,%K*:G\FEPXHRR$$]4&-J4LEB4.3;#$=DKOI-+E/>S`PQFB
MB&J+]Y;ZAK51SI(^+5<K_J[,:G_-MRCQLT5^C;PT#>XCZA][`<22Q:&N6.B=
MJE<OJBZ_<(8C#2'0J#:[91M@4>-00^#P7@ZH,I$Z%ZFRD89!G$$!$&A4!;%K
MD!$6-8X,H$:D8;S:,+LRVUN2*X\4^UW+""*+JD3]%R66D;Z_!>D?XDR:]./W
M%:4^]7^-?)I\I8__B),_JF4[G[W'O<;!$L91)\+8H8/I4<EJ16,5"3UA>4DH
M,A-:Y+9O#P@NJD(X80\L:!QI6.=X$F?PO/(\IY24N8G(3EA^P@MH1&M@1=BW
M#80?58&<L`T618X,+(/4]H!A?=)^&Y$W7_]Q^?DG!SHIB%ZJPFD9UU3??:79
MYSA-Y=GJ>]V$!9FC3B#S1"]!<!W580UGER'[WKXA(%JIMKT+AL"2S)&&HR9/
MX07PG:C^FD^#\.Q$YK?O&(B#JN*XX!@L(QT9.)VROX.6U6J,\FE"UG$BC_JA
M21#[Q*?LJ;4-^&M2GHKUF\VWJ2!:!;N0>6W'6F&5!'<L&<N_XUDR/L%R]]0(
MMI/(30!QXL*K%@1L5;6U6/#"VP69%^[U');>CCK1VQ-U6T6EU&?32GYA7W&(
MVZIM;45Q+*T=:5@'VDMLL".Z<,4!$+)5V]Z*`["@=F1@I_;I'.'3M>A2O'3/
MCB`B_@,L$72AZX#`KBJ@GM'+89P[QN+<<2><>ZHWGA?[A-S<(S:&X*S:X%9D
MQ\+8L8;EGAT4/_8BXXH#(/ZJMKT5!V!YZ[@3;]7PGM)M]L:9*9LQ!%=5-?2,
M*91UU/O]@06K8UWG]W6L8&F0"V!H8-\,$!I5F]ZZ&;!<=*QA/WE/'QQ[]5"W
M#3A@$PB8JJ)8MPF6EHX-;#Y'VP;N7]Q\\QA#W%2525L8DX-Q>L=85#K6L)RT
M58TZA;5Q)&3O&.*7J@26K(`EF&,#ZT]?KS4@T*E*TML:5SM>^]O'^'!HLS$6
M:HXU0,T7UU[**S\F['-W8IF-(5JI-JIV&;%D<FR`3)Z3K!`]5!OY-*&&:)2R
M!GA/([H.LO0WL97V0TZ7_#P*UBK\-(V]P[\)EB5.=+'$SE4L_2"_)?(XCHRY
M0IPQ9=T2$X@LJLWO@"6PG'&B@3/V=L.+>%0R*RGSDL(L+#<1V<5CY!]N&`8"
MD:HX#A@&BR4G!K#D*0S$0]L5!KHK#?0@#>0S`[UXXMA_DYQ`V%)5RX"#6"'T
ML(>PZ'*B"UWVJ"3<$_&O7>F+((2I2N"$,;`8<Z([+&8W3W3NCX1M'.F1(*2I
M"N2$;;!8<V(ZIF9O&[7KE>JGCP/]$D0X5<7T^^@3,\!A&V%QYT178,[N=01[
MI37[UI5."8*=J@`NN`)+/B>=R.>)^R3%$%V[)%Z`*ST21$%5>5SP#!:43CJ!
M4LT=TB$/M>J/ZN>.`]T1Q&!5O0R8*'@X,JK!8MJ)KJ"BW>L(=T?5F?#V70$A
M7%4`!UPQQ3+<J89#@OH;HG-WQ#WC1G<TA1BO*H\+GL%"WJF!(XE.XJ%VW5'U
MW+'?'4TA[JOJU=M$,IQWP`\XC5EKW&P\?K3YX?G!*1;Q3C7L]#]4D=((51HB
M$Y$BE3M3A5,(TJKM;59N+(V=&MBA_TKDAU"LVOYFY<<RUZFN+?7=--^)1.]2
MF>H_Q[\,WOSQDT/20SA5;?N3C!9^B_E*Q\N(-27K^]*K]46\W7G1WN""4RP_
MG6K81-^F0O`H4J8F57+^69'!O@T@&JJVOQT;8/GGU,#.^)ZV8`/#^#%BCY9-
ML.-_\/WP1>IG6Q?E_G<O+%([,$"$0*FJE!W#8-'H5->V]DXN>:$Y=\BNRF_?
M`!#U5%N^MP&^YKR#O%K?Y`G-GM['D;__/1*+-:<:UG\"UU\J*[_BCW_Y)1'?
MVE<40I!JVQI1%,L8IP:6@AY7F#W04ZGP'?^6T.]TE1=GSMSG7N*QFY_*&"C>
MDX@+']^%P7VQYKOH#K9BI%C]^26/`OE8X+_8B-RU3--X%8B\#G0/$+A4537A
MI1F63,YTK2YM9:#*,TTG6==W!D%&M:7[+QG/LS3S(I_UD!^_[V)>]ZNHC=A8
MI#C3L&[T6&6J1>1U.E(F)%>16[W$#"*#:K.;5QY+!V<&%H"V=<(7[WNPS;?E
M&6;-MX+'.`]]>6+9GWF0R,Z$=1\DCD2ZYF/"?C\P@\"B*I5YMV#AXDS74L^V
M%KEI#BRVA5]HD<.^[A!15!N]M^Z?8R]*;^./HG,,'MCKU#I8L3:\2CZP>V+%
M([_ME1X+%F<:%G.VJ$\IO$C*3Z*K$I,R-;E*2)7>O@<@M*BVOA4/8,GBS,#*
MS`Z>J(>+H7#'UO/%4:BTLDA<6B1.B%]F%^\4=%/V+0YT%Q"&5,6R8ADLA9SI
M6H6)\,EQB]BW!`0:53'Z@T;V%4W8..HFBU=_\)>QNS3P`R]Y6D;^5W:!<92Q
MBPT;K.XW+\SW[DB?8>'C3,>ZS)Z5K%EDD9^(`B2Z*HL0F].?%U)-<A!1C'T3
M0;!25<H=$V&)YDS7H4JG<U(JG"006>4D-NXET7,G!44I]CT$X5%5*'<\A&6H
M,P,,%6NG&_;2PQ=7M7'5.\A6[!^-I`Z,@"!PJDKIC,OF6+HZ[T179:SPF\Q+
MLD//JT:RD]CL/;T/HHC[YLX+!6U_4UL.LM<#S_V3=3?-(4RK2N:.F[#X=MX)
MWTJ;?(S\XUYBB4[BI(\2[YZ9C2#FJVJ%GLVY8.T09#?Y;A<GV3**V+O)WO>Q
M.9;WSC6L!CU4$77V5Z8B13)2I+.O-L1LU>8VJS:6U\X-+`;MH#X;H*RD^FFA
MOB?3D<=-L-H4:W\$T.>G8HAW\B3GYU_(DYMDJA5[3'CL>R\D`8]O+A:4\U,U
M$O9R7SQ6[FCV2"D;Y#QZ.R("$-)DQ_K%@(K7_VV0!>*8*/Y3Q26)$Z,\]E_^
M".+F(/\6R,F%;1S1IW]C5Y<$#YZ`!NQ'`S%=;7_H-(>8LVH<L[[%PN:YKE6L
MIS"K?<DAQ*RV>?_I)6;ZA-/1A&[X_HT'>LEZ^"W]-4JH%P;_3?V_QR'OT/_F
M!9$X]$;>-1]ROMCW6HP<KJ(;NF)_\SON]R#;B#)O-UYT2[>L,=G(X7*[\X*$
MUX@70=/W=!TG]-;[OM=56'P]U[`PUG);59/H/`MY=AU$7@BIKX04ET+XM10'
M5A7/.WDY1%Z/F'VOKHCP2R+R!_A%D>JJ2'U91%X7D1=&V)79OTL@JJYZZ-7=
M)5AB/S>P;MB1NZ8XGNM.FC;SOHO7D82N0GYV\3I8B2LFGO^O/,UX.6+N**]O
MJ$UQ0]WS&^H-/]_K)[XBP7OP@I`'*WW'"GZ7>B$E:7T_/?+[*>97^RYCE_LN
MJ^ZGH+I@%P86T!2$ZJY7=_]@9S+FNI91.W+37!UQKKB'&O<(OS=2>7-0=GN4
M(VQ?]CCU47CV#0]-EZAV.#/#'[(Z=KYEKB."L*U6<FTHY<08"IK]46WSBFX)
M[/31W$0T9MNW2'VL*1\ST>]\ES\E;XI-_C^5`ZJ_!E*5I]2;Z'236\[=1`OL
M[-A"U]X#ZW?.=1(_!"(B1GVW\!.!`]G!L-O)`;ZT@.;/5%'/S+`RG.,!UV)G
MX18Z-E%8;2K7AD1%7%8'!D8+:&Y0==!KNT6PLX\+$[M-G+AEBB%2$0+6^_ZV
MS:#H[0\T*EI`\ZVJP5[;'82=T5UTVX$39UYX<&C$$SATV]S&+AQDOH#F5%7I
M7ILWL;.V"UVSMG]Y\[E*JC?U3_[R-OGVHN]:5EW7)W:1RW@5?(J3&]8?+2.?
M_>MWUMK4CQ^CJW7=]D<!_`([S;LP.,U[\E9I,>060^N7/TKJ7R7\9\GRZN*2
ML)\C_)?%9@7^1_7C8C-#/6AP:-YV`<W;JJ8X8X-C9V@7%F=HM1E>G8ME8^$#
M@V6Y1,M;L0OGYT7R)6#BEED]NV4*KL(1RXLIJ7(\77V8[\J]Y/R&83]^@F&V
MF`M[\>/\9X%??>2M]$[<FL=^VX'!.S0WK/KZC.]1["SPPO0LL+8;4^EIFA2?
M>_O%!"^[Y<+<9]9F]UA$L_(6E+>;?>="D[RJVF?L7.RD[J+=I.Y".C>B?!WM
MP:T$7V421]W[1MCW)R+MZ[I[H?E857%GW7O(M]B9UT6GF5<WAOWV!OQ.C/2A
MB5'5!V?HYM$OR"E04<"YC_$[K!CX:ZSOZEB_X<3Z+@7\?99W*7+*5Q1PEJ/\
M,UN2T&CHI@GUS[>:,"%R4E44<+8#]K,S(C!M"4CHK!&_TNQJ?<B-R`E*4<"Y
M#</+1K$T%F<_SS]Q8$C>4*]I;_TSG\;LC9SC%`6<^[C\I=U?KE7Y:S3N\&@<
MF/X%7'V^-RAR]E<48'2!C*Z[THGE!HWF;/KM?&9CC_H-.1DK"N@\^KX]9KNO
MC70_LON`>49`LO-U'W*:411PMN]^CGH.F"$$A.KMN8_?5S1-;UBC>O[!PP!'
MOR"G\D0!IWX74R^_"O(EOB'R*V?.^FLT0E//T\V9==`3.<4E"M#]\G%^^@*S
M2$!3]];W4Q!YT2KPPK^59Q=5IP]=\*!UWBI++T(OV'X.O+L@#+*GF^`^$@_&
M*.-/SSCB+R17ZPOVLG)/Q4-UGT,&V&FC@8;SQ'4T0.FIJFQ2%=XXW*DJGHCR
M2?4#I/$+I/X)$5Y._(C<463=FP-H[D05^3R\B9TL&1@XMURG5^5'?(F(C%`7
M;/G>',X9O&IVDR\9*4XU2_E6G77E[_KDLU5Y(?9IP@":5E&%/@]_8N=1!ITV
MIW68S--I2D>><]"LB"I(;Q]5[56\>L0/-.&,CKU<%'?E951\S-XKKM:_1CLO
M\.4VCL.FP4YW##1,=Z!K6YJC[DG+:8NR*#$G43[0+B-2%\?[4%E@N>O6$8M!
M,Q.J?`Y:##OE,#`PY7`RR[7M)'D05[HJCOQTOY^$J+LJK(/FP^+T03><WKY3
M/)GC''D\09Q<;?W>#ODMH&5D]:\TVRLWEF8/.FTM:M>=/;_T4C;V:7U>#OO<
MOH(0:U8;5+>"6"(\Z+3QI%]O`2OZ52R7+Q1-Z(H&#]0G;_AM*\(6,!'2.`Q\
M,67\X"6!&(A4.=@O%/.[FSBEQ&,W>C&-&Q;#8OZEEU`2Q:S_\!+V7&"]2D;6
M7I#(,P,<Z"@@>*QJJMM$6'`\T'60$NR<ZCG`7++?&&_YP,&^PA!.5AN\_V%]
M043+^.2?O)5X'2S;A_>-\78;R'D62N7"C;TNP.+F@88=%=VK5YT`RH\&J,^/
M*#/7G8AXI:GR$U8`D278]PR$J%5Y'/#,$`N@AP;V+?3WT"U[):G?0ZHG#.]D
M5K5SUE0L7\K%21)\#5$=I-9^#S.$D+(JFPM>P@+CH:[5]<B'4'TRQ`$'V3<*
MQ'9537H;Y7<ON<N3^VM^IZ2')SZ'6#0[U'!J$7#]I<K%5T1^Y\Y4YQ#"K&KC
M&I$4"TZ'!HXF.D>)(<RI-G9OB?]./5^<A_2-^KG@;]>4:<1:[7[?^72C(99@
M#C6<'7^H(J7(51I2)2)U*OM:0U11;6RS6F.!X=#`&?%MM*\_X?WUIG)"4F9Q
M8"@',4-5`+/Z8PGB4->![]UN^$IF/G!WYH:'$*/:XOW/:A.WB!<6T?".=>%8
MU#C4<&8[7(4*,1;?EK&&7>JX(?*G-K$I;;$$<-B)`/8\.?)LM888H-KDO;7^
M1M.5MRMFOY[88^Y#D*[".,T3>L/:3US%7N6QU&^H@?JUJ5`=L8>G+5<D//$!
M&ZF3DRJ]?1=`5$]M?BLN&&$YWL@`QWN5KAA!?$Z5PXXKL$1NI(O(=;3"!;-"
M4EJ!#?"(7ULA=<<*$(%3->AMA66Y5;78:E/OK.'+"H,HC_.T#I',ETY<%^<6
M+^_O$['1IXAT7._EO8PNHP=:!$C;ZR,LSQMIX'G:6Z/:+EW^4+W#O[&9O_ZQ
MYMD88OU=^7ND^L'J8(O&9NK+B#1^U+Z)(>:H&N`,38PEF",#!-.<J:M9L>;&
M_EU"W_&``"\VT3/'%G%Z??F:'=U#265@4.;WH/X]OC#P\/9^OHE?%MG(9A_6
MC"`PJWKH#.\#+-T=M:.[V!W0QFX%\9.`2=^JMX%]5T((6544@1!#)L$7+^--
M_=2AR>LVYA_O]1Z6-H\TQ/H_49UK)AGZY#8F98&=!PN-YS'_QK[G(&RM*NFL
MY["$>V0@_/Z)/7B["5C'REZ+V%L3ZZA3T1/S52U4[NGEW?XV3C)AOU7,5^*Q
M5ZO&RDJ>HME'LTY<AM/9E3;E*R`>-\%J(Y9H,JWI?9R(\KR4;%AUWF7QNVU1
M(0>Z<PC%J]9PUL18=C_J$SBB>Z=]:A^+KOFEFYSLF*'I`%6UWOZZH??\A[[1
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M[$J*C^T+",T#J.VI6T`LM!\;.+P7%O1E5U*>']"R*ZF2F^Q*BA\]WI704C:W
MNY(Q-`^@>DJWB;'0?JSK_%S8N;=-OSK0E4`06VU3K(C7"67&K8,%[E43BY['
M&A86[ZG#R\Y%?M\,"VY?70@&JVUL3%TLW!T;6$I\1&UY_Y9S6\\.`Q//:^JM
M-D#W4SZ^90_AP,,;0K:J/L:<@46PXVZ+C#L_Q??9X?*9`8HY4*?.IQA#7%-M
M;T2D$AH&]P'S^N?8:P3H.+P<=8S%E6,-2XT/5Z66O$Q%>+)FI"1GUJ..(=BH
MMKEIT;'P<6Q@#?(K,@$$+%4-3)L`"S#'G0!FIP!$KT9YB/*I#=];>3$(^IAF
MP5:NF2@"-]5-L4_\"1;\332$LSU:F^=CORIE(RYMG=:Z]A,(#JKM;D%[+"^<
M&`@7^\J\`'%&50<+7L"BQXFNT*P=#4`K`P25`1*'#``Q.K7Q>QN@WG!YM?[D
MK>AO?&G(U?H;W3'I-EY*??;BM*8\;LI-%J_^V.L'+,6;=*-X[?W0M895''.6
MMEXID]3).3N0Z4G*,]CW"(0`54'L>P3+!B<:V&!?>S0VHU^MB3"+R,K_:F0F
M56YRXX99(**H*F/?+%C4.#&`&D]@'O9L6;=]TMBGCA.(.JI2]=\2'4?7,M;^
MU?I#\!#X-/+3JZBE9;`,<J(KT$&K:C7,$<2^B*K,8QW(?/Q/O\S)-V"\L,9;
MLHVC;./`@`6BE:HREAR"A983'?$1NICC*X]W4UB"]315>G(5N=?50`Q3E<"2
M%;`H<V(BG$)7:[1\6MBW!D0V54GZ6R/G'(\W&GN78UGVO\=B8>9$%\Q4JE#I
M++Z04?<?F<S%UX3RZ/O4MZ\MQ"[5=M:O[13+*J<:6.4Q6<5#O?C*NI13"$6J
MS6I`2BQZG!I`CRWN6-\=:2&RJ#9S;VEYQ-4X6D8OWH!N^9J*O2ICH>)40Q""
M0Q6ICD@1:42XZA>#,/)/D=#^C-(4`HEJ@YO5&PL-IP;VZ[\6_2%(J`K0/\AT
M'-W?TF1[&7&R$3S0:]:VAR>2IU@>.-7``P_4HXH8S9*\XVE(E8CP5.Y,'T\A
MR*<VMU&QL3QO:H#GM12?N"T^Q.C4YN__I.>GA+__W4OXH5Y'UHI,L4ANJ@O)
M0;4H-7Y/RL\=4A7B:FKSFE$5B]&F&C#:(4'%=\1)62%&IK:O&5FQ2&QJ`(F=
MJ<P0[U+;&RGS[6/<4FDL]9KJHEY[*E(]F8<NB@L!+[6)38D[PV*OF0;L=437
M\LYE"1P4>`9A,+69C0F,A6$S`S#LO`6'X)C:[+T%_S7RUNL@#.0*-1ZN+$Z.
MB8YE8S,-;.Q`/4JAFTE(E<8AJ2$NIC:V4:FQ6&QF`(N]!NDA)*8V?O_%M8_Q
M[2;.4R_REY%_PX-/U"N#EGFVX=&T1(L>\0.6D\TT<+*NE:M6W;('?IE1`%.1
MM;%DCCS+[)!;(*:F2F/?+5C0-C,`VGX\]T!03I7*OGNPP&ZF"]CUM0S[L=DY
M&`3B>ZH:B+U^Q>Z&BSC9Q4D;*V`IWTS+#M]]U:BW]Y7;.!I)'-(9`GYJ4YO4
M&8O]9KJ.%C\N]I?WETOBNN(0^U,;W:3B6/PW,Q""\/SO=`@+JDV/.-;9NQ/G
M''^*DXO0"[8I/^A8_L/_5RY#H!?!BT134?_]TZ<@8BT6>.'?<H]#EWBO2>98
MC#C7@!%/5.?Z[.>B.''NARQ''CI?_+,JLXP\1XI2R7N6IRR75`5;-]T<0I6J
ME,Z:#HLVY_H.&#^M\WBD;?X2(T)N>[7/RLAV/*1W\N#`#M0YQ$)5G9QU%):;
MS@W$2#RQN6XWE`=_YP$6(TI]&:*0*<`7B,L@5M6FYSR4_RI"Q/.0\%D6\B"&
M*_D(3&@H@QJR(H+BV<??O;*4W#V1=?4(O"\O@OV`EY&-]T!)O%KE8BD<ZY;9
M%T5P)7X!=UXH.NYT0VE&?'8!;\GCALH0C0F)XJP(P26OG6>1/YX0+Y._P#/9
MWQ`WA_"QZCG,'I<_<R\,U@'UKYG\1\=V<RP\GG>"Q^VZ[;VU:.Q=J1*0(H4[
M([DY!(K5AC8H,I8(SSL1X6X['8\J_:Z6>N><U!#E59O[-%(G\3K(;C9>PIZO
M1P3'0MVYAE-UCM0%OK=%.E(D=$AWB,^JK6Y<=RR.G6O<TMQ2_.;M+A*^2V7*
M_QS_,GCSQT\.F0!BL*H$O4WP-QY0.M\5ZQV.*(^EKW,-]!6J0*ET\5VYFL,A
M52'BJC8O@K^5,47?BP&N_/N6QPYEH_B/?^9L7'\9??22B!]Y?K6^R>_2P`^\
M0^&5YE@F.]=PR@NFHB_"K8K77UE*&6]9E"/@BRR)GYI:EL5W139+L^\IB.FJ
MHKGE*2SUG1NAOGB/U6<+!,>"^PH$0Z7?@DB^&Y>>XR_#3GD.XLFJJ$YY;H&%
MR`M=Y\2<PFA_\YAG6IO+66,M(&:L*G<R8_6T$A8-+S2<5M.M:@<ZP3/H\Q80
M"%95L6T3+.]=&."]_6QSI%\[DVYL`1%3537;-L)BU(6N4VGZ>0?HJLZA9X+`
MJRI-;Z]\N0N\99K23,ZET,.OY`LL=5UH6(<+5^'9^ACQ=3%;3=UY+U]`J%5M
M8U/B8@GKPL"RV3,6&^*K:IN;$AN+51>ZL&I7A=^2SY\O')(9(JAJ:_?'Z.)>
M\,+K_"X,5D4;%//?E/X]#OGI@$>VURRP9'6A(PADAXI5;+W(0V2FZJ:OLI$R
MGT,&@6"LJHA=@V#AZ\)$:,@?Q3`0:545LFL8+%E=:`LBJ=4E;SF[_]DAKT"$
M5!6G_SYM;[?U5JT\,?X%23Y%`:?N9:`*5#NRQ7?N/0$:#5&K"C2O&561$%(4
MH+MK.$^5`;H(-+<9E9$,412@Y7E^1-HORXM:6J>>S8TF:>I[.NRWO+]/Z+V7
MT>LDB%;!S@LE+KV,/GY?T33E!S0$89[0+/[B_4&+L-K+[(N7Y4F0/>WU`A($
MB@)._1S'5K8BRF4YI"J(%)29ST2(LN3Q)J*TVYCPXJH`],N,E"7:]Q>`"@'Q
MW/,7$BJ*`G3W*'_Y3?4;0"\!,=WS&Y)SB@*T]&VG-]FN,EFQ&X+/=4B3\9F.
M3.R`D%_9]Q,`2`&Q^I_GG2>[,$^_QAE-E]FUE\BSBAXCOI6DW#])B\.R]YH'
MR4U%`:?N##O5K#1)D8F(7/S!PO*5!WCQG'Q_7Y67%)GMFP3`JX`HEDV"Y*NB
M`-T]VH]D&@"Y`B)9-@V2N8H"M'1+**=$PBGU@6Y>1G;,,^*P-_O&`-`J(,1)
MC-$X$F^97>49ZWPC_II:MN=>7R#1JBA`9X]SK&+PLZ-Y0B1[CC3RU<\4^_X`
M<"H@B%5_#+"8==`)L^([FU?LEP$$:E6![/H%"W`'N@(,8$PBNYGFR:&LHXD;
M)G&GTQE`G%=5Y20F^9T&]QOVCK=\H(EWS]\K5_2:)K]&P=YQR`"+?@<:PJRV
MK!/\Z"@SD"('$5D(RT-X)ON&@,"P*H,U0V#Y[\!`,-;7;1"([*JR6#,(%N`.
M=.W%[^D*T9F\)8^E+;S"%CMABQVS1>Z$+2``JXK1VQ90BUVM;V@4Q(EHTKV&
MP!+6@8:]^D=K4[I@S].`;T81B>5#P[[Z$"Y56]Z"^EA$.NB$2/OU%Z_.#1`7
M596PX`8L"QUT8J$=.H?N%GC>#XA04<("D1L6@"BGVOS(HVJO8W8]1;Q[_KO7
M27R?>-O]^F.QYD##/O[#57EQ:*U,1NITI$QH7W*(7ZHM;EIR++$<&-AFW\D"
M[&GOL@L@2JF*8-@%0RR7'';;^-[U7/F6TK.G_$Y*']32[UR1?@@!1[7E^Z\9
MS+-'C[7<9;HZO&!PB*6*0PU[TY6KKQ8*%E\0]HT["P2'$!A4&]:`F%@$.#2P
M@_S<Q(4@G]K0!L3%XKQAMWW='9;V'E?TQIV=?HUV:"IZ.BKW/O82_VK](4CH
MZNB16>,A%L(--6S-AJM0'67)O^5CJ^I[A\2%V)K:QJ;$Q0*UH8&MV6<L-H32
MU#;OOS7;^QYL\^TU3?AYZ=X]O5I_C>46,[&5^>;1V^V5'DO3AAH6'+:I4+5C
M6Z8E=6+N@C)YL9>;9[!O`XBAJ>UOQP98C#8TL*2PCRUVM2W8JY;G;X-,H#:>
M/A5Q?,0_2<KRDI47D3M*'H-L$^<\"GI"*=G&4;;A#(Y#.1&C/<@"$=#=2S?$
M#QX"GT9^:CU2>D."IK].!^A0_L)BNJ&NU8=X4T7ELZ9VDGTO0.1.%0$1`ZJ$
M%>EE=$&3S`NB_Y)1B*-[T6[[P0T6WPTU+#AL49\ZMER5E.^I*1*3*K7L<AQ@
M-Q"V4QO?A@5&6'8W,K"FL(,E&F./A`?]2N2A&G>T@'J"[I%5X90_*Z?(7LA^
MSS&",)\JDA6K8,'?2-=RPIZ/C`-&L.\#B!"J"O0?0;"Q$^L_BW4P_`0>-K9B
M]:?1ZNE;<1S3X3?5$18=CC2L'FQ?K6H@(7.0<D60.!&MSD3*7.Z\PXX@OJBJ
M8=,:6/`X,K".\(>P"@0N577ZGV<6IVE9:]8:OT8\NB8_(X-N@WS;TBQ8G#G2
M@#.[5.S9,7>5![@YRFRDR.>B0R#ZJ4IBUR%8)CHRP$1_',=`"%65J/\29=:H
M.4OZ5"[IY?O;@P=ZN=UYJ[TKDT=8>#K2L5O[8%6JM<AEJJIC*=,1F="^Y!`N
M55O<M.184#HRL?>ZE07D7_SHR+0R0UJ8P<\%Z]P6P,MK!$:O5JFP-YAF+&L'
M7F,A`*H*9MHQ6/0YTK;QNN.3HC1'5#XI`D>>%!#L5)O]E."[:I1E,:,@7_@O
M"]QS&;4(@3\>84GH2`,)Q5;V\+Q<;::RK`*7DK(TSE1=.I6CT<A-=YV.H^IR
MUQ@+6<<&(.NIW?9\9J;NUUY._'EA&#^"E%9V::)PDD<^3=C`Z)'\(T[^D`<D
MBTBMH??H0'\WAK"M*KM[SL0RW;$NIFO+CJH!'7GXC2$BK.K7VV+7<1BLGC9Q
MR&ZTM!B&''XO'V,)\%@#`=Y?C6J*J)FB>N=RYOUZ#.%=M:E-ZHS%N6,#./?\
M=8=8K=KTV*W?1Z3&PMBQ!A@+JNF>?A!)5=M3LWY85#HV@$K/1$^(<ZKMVUO/
M_\IC-LSXXB5_T$SL2$V7_K]R/O3X%"?R'(+`"ZN#"-+K).;KV_S;^+>`7MV%
MP;UHT6.&P'+1L08N>MJJEPZ2I1)9K-R\G9*R8,)*)E71]?D.*2D+)[<Q8<63
M1OD.F1$BL*JVKIL12VS'!HBM5G-NI3EWTIQ>:<XU,^>Z,N=];<Y=:4[V=OS;
MY4<2U^7;]R3$>%6)7?<DE@F/=3'A<S&B0T])B#ZK`O=VY(<@7?'9%^I?>.GF
M4Q@_'O$6EBJ/-5#E?94H#5)_3W@"PE,X)#&$@-5V-B;Q!(MV)P;0;@?)Q4Z*
M-4MA7>D)A%35YC:G-!:53G2ATC[RNG-'3R"NJ3;V"8<15VO604IVW*Y'/6(,
M+`:=:,"@)ZOUP;>KJ[5X92KF#3N\:[GC/HBVJHHZ[#XLG)T8@+.ZW/A\%!NO
MQ="TG%=L/::U;T((_:K".FQ"+#:>Z(H+ZK;S''H.0O1:E;7_$4^\:3X'WET0
M!MD3:UH_7V5I<9+$$7-AF?9$0XS1%O6ISF@2>U&KM*1,7!Z:XI`)(.2M-K\5
M$V`Y]L1`J-'7:0H(/:MR]`]G%$<I>Q8FHAG9D_AW+^&/R?0R37/JWVR\9/_R
ME0D6*$\T'&_?ID)5O*-F6C%N+E,3F9S(]/9=`,%>M?GMN`"+<"<&SK#OXHHZ
M(&$J/B<)7='@H1A1/)8."7A6-MR(?+++^2+P+"990KTT3Y[L+XF;0#!6E<J.
M8[!@=J+K$/O^#P_5&G(-FR//#XC;JC)H<H,\7'.?&Z98ACO5<7Q]BPJU[T66
M;AS\.868KMK\=ER`Y;M3$\?==W"%/*P1Z$2>=10OGQNL&/M]QQ1BPJI`=GR"
MQ;W33KCW9'W'H4<&U'<X<E;P%`*TJ@;]E]6M-M3/0QJO$_H0I-2_\])@Q<94
M?A#F&?7Y?MP@ND]WK)GY?91Y=R'-Z/?LCOW&'WM-@J6RTTY4MEV7@JMJM5"O
M*(7#_V^R'/*>%R0V,'^019&/15GB:"4Q;"'_O.7ED5M6('G/2[3_;CN%P*NJ
MG6OFPM+6:2?:VG.1YU]F>VDV"+&J6KIF-BQ]G7:BKUWVS%IUF'T[0;!650NQ
MY2Q9;6XW09(]747T]C&^W<1YRIKW4[#.*(T.\]HIEM=.M02S;5.E>N<82TUD
M<L+2$Y:!E#D(RT)Y'G=`[10"M:H.M@R!1;53(V%M7[5!((:KZM+;(/\[9VTF
M6N-YR]$6[L`BW*F&LZ-:U*>T`D]:.L%U%T!<5FU_*R[`8MFI@>.D7JDK(#ZK
MZM%_<,HN0%2UIS5F6$8[T\!HVU:J&FN6Z<_$%#,(UZI*V#,%%MG.#"#;5V\2
MB-6JRO1?ITU7C>93AF5M;((EMC,-"W3;5ZM:QEWD.*,1YPR"MZH<-KV!!;4S
M`\MG?PRO0"Q6E4>+5VZ"[[PQDB->P7+7F8;@".VKU=H;13:'K`&14U4-F];`
M4M*9@;@+/X15("JJJJ/'*O2!1BVZ'"P:G6E`HQWJU=X<93Z'[`$Q4E40J_;`
M@M*9`5#ZH]@%(J:J0%KL\C&XW[1P"Q:<SC2`T_;5:FV.,IM#WH`XJBJ'36]@
M<>K,`$[],;P"T555'BU>N7UDE_#TB<E\V"US+&&=:R"L72K6VA\R(^$YW;'(
M'&*MJB9V+8+EK7,#O/4'L@Q$7E6--%KF:Q#1(Y;!LM>Y8?;ZLF)=+<)SNN,0
MB+^JDMAU");`SBT3V-?E&(C"JA+I<8SXC#]CE_P/FE!OG=%C?1(6RLX-0]F#
MM6SO'?FYZ)"6XN^R((?Z)PC;JGHYY"4LQ9U;IK@_D+<@SJOJU]M;'UDU_:-Q
M3^98E#O7@'*?7WJI>OFI0Q)"+%9M4=T28G'KW`!N/1M)(5ZJMG!O2=_3C*_O
MS[W0IVLO#[,'+\Q%,VUCGX9'0KW.L:QTKH&5MJM2*?E[\I'<RIT)+`?Y(+.0
MW\H\Y(O(Y)`C($JJ"F'+$5A".C=`2#LZY.-Y^0,BHZHLEORQP#+112<FVF'S
MTZLVQ0)BH:H6R'AX,H2;C.`6KQ\"*L.WE=';UG%2Q6ZK0[>5D=OBY'GV--@&
MH<?46>5)D`7'CC1>8$GJHA-);=<5F6L6/4%%KQ*UI!MY`>2FN@*';`[Q6]49
MYVQS+/U==**_F."D?]G>F.TA**TZY9QMCT7:BTY(NW,X5`M>5^.E,J]WCY?*
M$B@E%1=`4A>]#N%TU1[]#_-C7]$DH?Y-%J_^N%I7)V`^L>'>5W:!<92QBV7%
MW%^RIF2N.Q)G<X'%Z0L-.+UW+:NC_\H"B"A!/"&K,L3(^'DII"S&(2=!,%U5
MJ__N[B"*V=WS5-;\`UWQ"%'T$[N,;]2GVYTX[.5P7+T%%J`O-(3J[52S:F]W
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MF_#L1$;-E`7(V6]91.-5VKYSH$D552(WG(.=8ED8F&+!..F6]4CB6*TXS\3)
M6JQ?+)XWS5?25<C>=H-UP"-KIF3-K?8@`[1*J[%^,Y,_X4`O!DW*J$*ZX*_)
M+\@I&E&`MLX,]8B20SO9F071`^L+Y2.+#2MK_]@V2Z/]:K,`JB`01[RBU$]Y
M_W_CA33]XF5%2['68PWLLY%B>K6N6K:3>Y#S,**`T^..$]2X'AG)PN1KJRB.
MU.6)'JXLD6.11A_H9N?7:/&FWTXW:Z+7;\@)$5&`]M[PE/ZKNL<@$KTCZP7C
M5<`?D.0QR#;BA2[E/_*6;&M;BC,M2ENRQY_:7_(418?9Z&:M]YT-@9KV/-WL
MAEY[(B<N1`%:)BY.ZLD;Z;?*8-Q+#?.YW=T",PJ`;CK\Q5ZR=\5XAK7NA1>&
MK,&O..RYK)MKK[60$PNB`(,];:O*MNQD&V4)KXG2>&\KRB.-`NW;"YAF`+1S
MSU[(F0=1@,6.M9/=NO>I3^3-+@FB5;#S0G)'>:?IY_0G]@RL?E<X<\5^F+Q)
MZ)\Y9]'L04B])'PB19*?^">2[C8>D#];1VD-\9JN/=W4AS;7(F=#1`&F^]M.
M5CW>U2I^LN\F`.(#4IWPY/G#ZTDFOR"!O2C@U'WGWEH`Q\[S%$0D<69"O=$F
M395/&-NEL\I(QBX*T-V%G;WJ`#H'6KZWZM7[QQ=QO);XU6^L6>F'..2KI/:*
MC\3DHH!3W^+'*E-JWH!&C91$)"5%6OO*`U`;:';CR@^P`'O0:8]!O]N^K1-N
M-T%*BJHUUS[P$6F#X6P;+DF$2WQ9#A\0\+07\7;G14__D59K!-FX(2Q.2^8#
MAZ($__G;N7W\,X!HN"JQ>9=A0?>@$^CN,-)L:ZUO39_8UQFBT&HCHW06EI:X
M4ZQW\599[H5QGJ5\[P][AZM>Z;;4#_(M:]-M%&?[\=X`2Y\'&H*QH&H*]$#%
MU/U%70ZYJ@OB:^2+U^`OHBARR\HB7WEA]DT%L6-5-,=,A67&`P/Q6_XRV3.]
M5).=#B#K,1F6'@\ZT>..W1?:6=(E[_CG1'SQEC0*(HV22%64?2-!J%@5"C_4
M*99*W-\G8F5%8\#`6XW?6E\/>@>+A@<:%J5WK=S^9U"5E3Q[#7/NL0,A6E4:
M^V[!(MF!@07J/YY[("2K2F7?/5A2.^A$:ON\9G6T#-`U.30;/H`@KBK"R7WQ
M(5BO:4+9!:9MG8&ENP,-*ZB[5Z_-DZ21V\5'"42`575<L`R6"0\,+)W^(2T$
MH615+0<L-,3"Y:&N`#;]?0/T2'Z5R;HWAA``5F7H[XW@._6+R?BG>FG;WVGH
M+[.J47\+#D?=G0RQ/'BH8>%SQ[I5#Q*>K5QO]=2,><%SDF76'-ORN`/.S$8.
M(8JL2F/=+%AN/#2P:OG',P]$BU6IK)L'RX>'NM84FW#,._+;Y4>'/`/!7U6A
MWI[Y1H,HS?A*Q".FP/+<H8;5P"\OOIIYK#YW2$@(OJJMJE](+%P=&EAW>U;"
M0IQ4;>7>PEZP9];5^@/-DCC(?LWNX_=QY.]_?\#2T*$!&@I7J129?\O7VA??
M$YZ`B!3VM8:HIMKDIK3&LLNAAE6FYZLM1";5)C:E+98^#CO1QPZ#L!8"QPV!
M;_]VY8K`$$=4V[FWP#*>T-7Z:D<3]JR+[C_S*"B<AGS\GM$HY4%0]LJ-)8=#
M#:M)VU3H13`EOD6J3$U$<HD!ZPSV;0"Q0+7]K=A@A*5_(P-+2WO8@B\2#;;L
MA2ND:4KY7JB(4)[8%XM'!1DL%I+&E7U"7JS]!:(CB`^J0MGQ"Q8*CG0M$NUG
MDA?B2V-0=YX=(PC_J2+T]H)HI$MV'5$6/.R?)!AA\=Y(P[+0%]=>BBL[@?IS
M^QI"%$YM4>T:8BG;R,`JS#V:+K=\PQ"_8<,B.F*90L;\XT]Y'AXI)NN<[U&E
M2>8%D4S,XQF28,L#!%.Y&]6^(R#&INJCW1%8Q#;2M63RX*T=.'1K0XQ-;=;^
MP1SO`N_7/P[SM1&6KXUT1-1M7'@U*_O^<DE^_<,=D#:"0)K:G'K5P^*SD8EH
MMWO5_#\.J0FA,K5Y]:J)!60C78O[SD-"B(BI;=I;PE\C/TBS)+C+,^I_])*(
M#?S392@*H/YM?.TE6<"7SF?/@@)]"$*>8:_H6'(VTK!N#U?5TB'/2B%E,:0J
MA\=&?592<ZZS*,N^JR`,IXKFFJNP@&YD8&G?:5Q6^<JK?/6&AS1OE/T3']OO
MGCFM$3F5C?E%.''V_OX8OQ-Q5,F69IO8+T.0BU?Z3`9<+T*2PT5MO2<9_IE'
M8*?5A:4D6//+DX65'_-0YJ(TF@3LMS:>3^XHC9H7+M+XLKYU1I:A^)65%Z[R
M4+2H`^\E$*E4C>C8G3+&,LRQKA6,I[D]/K.7V_])GC^*J7K+'+A!K!MK#"%-
M53=,N&#O+J3L7@MC+TJ+(P\.6`:+,<<Z@KKNJ40C(#G_7ISW]9FG(&7\7_M]
M[!CBE&HKFQ,8"RS'G8!EE[!9+57F_89(07;NJ`R13+6IS:F,19IC`TCSF.#+
M*J3)G1>*\U;2#:5L],.>ZF_%YYZDGWQ(],3/-?,"'[*'_?'#&.*:JDC]5S1X
MZ6;%PWNPV\D+=R'U[U\*6U\+%FZ.-:P?A"I0+63@L;`NJB_)M?C6OJ80XE0;
MUXRF6-0Y-K"4\!PUAD"HVMAF-,8"T;&N@)>'A/W*GLLBWFJ=@,@4#O3:$!A5
MFQE]5@<;EWZ@[(+2.`Q\<3]<K7_SDH#W?N5131_%&6![M<?BT[&&]87=JZ><
M(,1'["_RBL-\B]SU"8(ROWW'0!Q6%<<%QV#9Z]A`1,S^#KIHG!I43'7[+WS$
MQHX/I8^J(P+Y_*@;AQV,(?BJJN:"E;#`==P.N.*.">KNH9</GH.&L>\7"$&J
MTO3WBT"U\7J5)_Q02G9=81:'<9JR%ZHT8VV1LFZ<>KX?\,;RPFT<99N]*R@F
M6/0XZ80>6W98O:I8=5J29;/NZ4+F)]]8`7RBYS,K0G1E-Z(0'KR7DF55#/DB
MRK'NH`G$&E6A7'$0ED1..I'(GAW8#^XH"&ZJPKGB*"SZG&A#GZ>P$>N^BOR$
M%\"G/7@1`HC)0OB+&"5U,63KB(T@>JJJU3^</%V)=1RWFR#)GJXB>OL8WV[B
M//4B__:17<+3UR"B&:617.]Q>"G+!,M6)YW8:KNNK5\5&R,A\3>1V0G+3U@!
MI"R!R")(64:U,,:=%3(3B+"J4KGB(2R#G71BL#W/*_CA/0417E6ZWIZZX8%)
MO<3?Q>PQ[VV#*$_CQ+N+'XJM%]LV3L*2WXF&1:Y=*E:==O,_O.WN?UV3Y3M^
MGJ]([)`3(`ZL-GUO)]PFP3J(@GS[]SCDH6K3S\$V.!I`8((EPI-.1+B=]H>K
M4AUV4*8B93)2I'-(=`@/JVUN6G0L"IYT0L']NHY79`*(^*H:]-^14A_,L:&A
MSP?\7G@D+-`$RW8G&M;5'JI(M6"K<0J)"/@C7G%9,H?TAK"LVN#]]>9+$Q(V
M-@H>.&CTLG49!/V(YE@(.]&P+?U892K=Q7J,;U7"%X&>W!$?8JQJRY]\&<]A
MZ:=8ECK5P5(/5J7%RCQW5)]"7%1M]-ZJ+\4Q3,O(;SS^^-./-0I_]MWR%KJE
MW[/WK,@_]IH`BT.G&A9F=JI9O:Q+G$K%<I']_8'(2O[),Q.1VP&;0+!3E<6R
M3;",<VH@W&0OV[!/\]#C6P;251CSTZXX\=QSQ!D?@4CPR<JS/]<[A0"G*I5E
MZV"YYE17L$EMCQG[QH"HI2H$(AKVBE?\Z<@``TLCIQI6A#Z_]#KPN?S4H=$#
M!`G5%NT/"6D4Q(F(XKW,KKTB\/=C1/WW3U\].9&S5U@L')SJ@(,M*E1!09%6
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M?<M`M%,5R+9E9EC\.=-V#D\_G_P[]\*[?Q<F<.<!,H,HJ-KVB",Q6--\#.XW
MF6@:\2_>@+>Q:*7LJ?[X)OA^Q!)8&#K3<@)/]PK6YV+P+D9\5W0Q\M^B1V)=
M4%'"L^]8(0ZY!X*CJDQNN`?+2&=&CN3I[Z:#'=%D_O-\7/5$LU]^GD_MNP?B
MHZI,;K@'BTEG^L[DZ6^9?Q>V>/?OP@\./58@/JHJT'\)SF.<%>L1UZRE^#K$
MA)9SF5[.ODN"_Q8WY1%38`GJ3`-![5JY:J:EN4KS4Y&3?*NRDF4SKT-F@4BL
MJHQ]LV"I[,S`9OV^YKF(MUMF"MGSU#E(F452%H[@WL=>(G8M?`@2NF(2I#RR
M&&]U^RAN!K%<53?[5L)RW9FNF`!]_<.;ZAR>-1"K5=7H/Z,;1;D7LIMI1Z-4
M-I/W/=CFVVL9@/^:)A^WNS!^HE2&`-_K$"RXG6F('-"Y=M6DKLA(FCE)D944
M>=G_)Z3,361V^W:!8*XJC0-VP>+<F8&P`;WM4UK%DS9:-6W$(T_2TC9I?O<O
MUB>)T(&%K9C,,LB@$P$I9Q#N5<5SP%!8X#OK!'R[K"K1X2+5./:M`F%>59;>
M5KEB@[FDL<1F&?D?:!(\>/PD@L;GOP5TN6;-?\';DB8\).?35YKQ_4`LRT?6
MK_L^];]1$:5VGYWF6!@\U[`65DL+E&X3A3];PL27--7E/_N*'[(L?H(T?X,4
M/R)REC]#BM^Q[L\Y!)Y5G<_$GU@R/3<0M4"K7QO.;"SQ%P=-@I9E8_TXX5M^
M+J-]253#/U2&O_R8<GN+(`IM+>]`-)<YQ,M5\YR)Z;%`?:XKL((IIS?7'G-J
MYL-?\1`-5<@AYD?NWK?$$P_L5=.]4>%>7A8MW9NX\L"&:+WJ@?Y!$?/LD4<*
M+#<%'D8@<RR/GVL(QP!7H6)DQ;?UMD=GN,8<`NYJ$YO2%HO5YP;")'34VK[$
M$"976[K_,L-X%=",WM.(!_L\LKACCF7A<QTKE*$:5&L(Y9?D;\6W#MV[$+16
M&]B0L%@R/3>QXKB+T/;UA9BSVLZ]]?T8!ML@$JT3KWGH*#;Z"#T>!I$F#S3U
M4O:O/,SB=2-L8G3_$.R-6#S'LN>Y!O;<NY;5H3QU`?RM0X1J$[N,/,I>,&0I
M9,E?;'@Y\L6D41)_1[=O)8A'JW(Y9"4LEYX;X-)_62MK-G336J<CTZ>W%I90
MSW41:OM^8N^G]@T%\>NF:,45?F9)V"?L+_:/.R^E[(__#U!+`P04````"`#B
MA&)&.^-:I-=X`0#P*QP`%``<`&UB:2TR,#$T,3(S,5]P<F4N>&UL550)``-X
MV/14>-CT5'5X"P`!!"4.```$.0$``.S]6W/C2)(_"KZOV7Z'VM[GKDK=Q;&>
M/4;=LG3^*5$C*:O./,D@,DBA"P14N"B3_>DW'"!(D(P[`@P/BF,V74H)"+C_
MW"/"W</#_5__U\]I],L'2;,PB?_['P>_?OG'+R0>)J,PGOSW/[X_W_SS_!__
MU__O__W_^M?_YY___.4A)>]!2D:_O,Y^N;VX^^4RF<1)]LM5F`VC)"M2\LM=
M$`<3,B5Q_LO_<_'X[9<_JH'_ZY>#+[\>_GKXR_>,COO+3?'O,,^*7_[YSWKD
M/X(H'`4Y??27+`_R(ONO7QZ"+*.?JIZ)POBOUR`COU!JX^R_?F;A?__C+<_?
M_^NWWW[\^/'KCZ-?DW3RV^&7+P>__3]WWYZ&;V0:_#.,Z5CQD/SC%_K\?V7E
M+[\EP_(S*Z__?$VC>H"CW^K7?N$^`?]:C/Y/^-4_#P[_>73PZ\]L](^*1,'X
M-2__J)FA?PT5Z%D\#P.PV#_H]7J_E7_]!\7L%_I__TJ3B#R2\2_PW^^/MRMO
M35_#X-=A,OT-_OA;?S@LID44Y&0TR-](>IE,WU/R1N(L_""W5".F0``,_E_Y
M[)W\]S^R</H>+7[WEI+Q?_^##DGA.#@^.*S`^/]>?WN\O7I9*HC25W[KA/HK
MD@=AE`W&SV]TT&%$U2L<AY4VW*3)M#^XO*V>,>;3,A7=X/`<O$8DVXXLZV\9
M<')1T*6"9-D5^2!1\@Y+2M:/1X]A]A?\]SN=$"F%*<Y#*\SH?:YC?OITY2O_
M^BT,7L,HA-_]3J+139(^!1%IJ:4=4-(Q'O=!FM(9\K%-SC>^V8+')S(IOV6;
M#^ZX%FA]*J;3()T-QG33GX;%-+L.TIC.]/@FC.EN%`;1UR)(@S@G!+"[C6$6
MC:Y(&GZ4I&07LZ\DF:3!^ULXK'?=P1BP;LG]YJ3=(LT&R-)U<9K$]'N4JC%)
MZ1>?\F3XEP7^N2/;H]*6RJH.;T#Y%7G-']*0RO<]B!Z"6:D*=(&ZC:E$<_A7
M?Y*2TBC-[I[O0?)_W%X/7J-P4@HX:ZN/MKYOR+NU#;TYF`DM.I;!Y5L03TAV
M&U,["/Z<Q`#/8&S!"K-.1RLL=/:<EI(T^905WNKUU]J&9IFNQ;X`$@[B6?V'
M1Y(54=YV_AM^S2J'UM8`WL"MJ(7%/\QK?;Q,J`;224<73"LD"T?OBFZ;^Z+J
M)UKQ`HN[I3W"`B7]"=T2Z?9'[H*\2,.<SA;XM=U-6?TCK?GYEL239Y).X6=K
MVQ=OX-;4VE)>YE@MJ:MM<6J<YVG1;EN1CFN?UDMJV89YPZ5X2J)1:YAU/V2?
MK^OQF`QSF$",/PYBNG!E21G"!<.>_F_U^_'@G:1VYO.6R+./G+W)IC*X??HM
MNA>"T3N@.\F#Z"8(TS^"J"!+:VSY,"NX=3%;#D'_<A%$$'I_>B,DKP,"%V2<
M@&U0Q#E)WX,TG]V3'+;M;E7<'3^M9`,A&#I6]D#2I[<@M7&(L#FD50H!V"*?
MQWXN@BP<4N"NPJB@B\?ZLRU%;N/35GFWM5A)Q[5*M;4EBC=P*VH;<W81A[1K
MW4B_T"7]"RM[\1S$',@T"`%*\&C28)@70;2(D<T7H4&1P\$FG#0/XN5'WD'[
MK2VE+HGO$O5%W.H;!'N.6$O_'0G*^'8_7XX5]Q_)L$@I,Q-87MI:9=LELE,\
MY[NI,HU;Q=$.<5WBM_CS[R$UJ=/AVZQ<.Q]2DI7&2Q5=Y3'1(/X^R2GU23J"
M<YO&:TT3OFG%=(N\<[:ZE-E7NLJ5%">4]FQC&;N-AU%!Z;WET=N)H^>4YB[1
MMN8'&G^P2^[^IPCB/,SG3@MU**8ELH]T<TUADZ3B>`HG<9GK$N??X^0U(^D'
MS*7;F)J\<%YV69U..-K*/.2T2WD^DB`*_T/I@'.C=/Z/U<FWG&L-LSFO+*?G
MA+_E;TM06V"A2PE8<VH4O].*ESK=ZZ<5BE=&LT57]6,5[&C\VIHVJG_*+D?E
MCZ774AYT5Y%0NC;1WS_27W3(H.J7N^&W=-#?DFA$TNSZ[R+,9RTY-?B2=<X`
M-[`3Z22-PL"J)ZSW.5N<V;)Z1$/:HM7:BLL8LR6-]'_!-;B-J?4PM!:ET_B"
M5?HA/W]41'1#6J;;!1%]/D_#UZ**?JZ_TUI_[)'0$1;K?[F8/5,N!^.+)!Y=
M_P1#!:P2^D06#$NO99',.+J8W5W<]B^3]'T07Y"W(!H/QG\$:9@4V3(+;7DW
MXXD:I.&0KFWC<3GOR:ARE=H;9YYP9U>"Z_D^CR2L'UEF_M%'OS\]%*]1.*RL
M,(@T/E$C;)B#O;_\W2T<P\3E8ES::=5`UOQK)-1W)X$Z@V\SY_>>Y*N)P97Y
M3_6N_C6U]:E1/"HO8L2C2T)=@^=DD3IH8X+@8L*.%.H/=[@M<3_1DH-Z];"S
MZS=&LT57?YJD.3BNETD&![@-9Z[_01$`\V)^&8/^%:YF/"=UNM-RF`<ZR#B)
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M8,$":MFF`B[7`(O<M2?"(AYK1Q;KYQ4.-T_KQ-E";2D/F&2W\>JT?$BR$):X
MY<7/B]FZD92D70!FDRYK6-7>9N.LLCJ?A-/R<$12$"3]*DFGU7'8&YF?3<+[
MU$MMF%"#V-I\=$.L+50M1I`WQFQ%(UPC`73HY*-CTEGX$`6QM2U"<?36'#QO
M?..1@.TRA,0..*3)&FEYUA31^,LM^<WJ<^K^Z-]%I0S7/]_I(DK'@I0"*XJF
M]IG..:F?Z5_WX0B16D;V=-/*USM'X/'NX@E\S`^26KQ>:)6&+6%0_;Q-^0N_
MVSG7RS.2^1^6_L,CW;]&U`SH5T<B95&!TD2P>%'2!:U;Q)1=^F-.]644A-,Z
MKZ=M_L`6*=PB?HL0/#P_7QS`(H'82YW>O5PS!M2X?0_"N1_L"%`;)&\18='3
M6?VX(RBU:-LR9H1/F4.T%*C:(D[S1/7Y:0QUBQ[2Y'6^F/Q)PLD;76)N"CC#
M+1>:NGI-N?[4$\01F#9)WR+BY37-ZRP/I[!\+TF!.-)M3.A6&+Z6H:,$,DI)
M7,>VOR6!L[W<"LW=8[PX("^]^=LI7;73>:;OW`9I7(??IOW8DK+.D;,6EM#Y
M6"NNJ`["A>7A$&XEE[D-24Q_'!);A_6R#[2BOIY9M[>7=,8`."MW>]I.<]7A
M;?/0O#MS&61O-U'RHP->A)_IDJ<.BE5H?]$2?QT<>HD&;T?U,JC;F(])%%JJ
M#R49OSO:;6U!>A_ICI_6,E$<O3L.K&V$2E_ICH_O&1D7T3>P)@;CZV#X=@F%
MI.=I$_-9V9&8%#_=CO?B-2-_%V!;?%C:[S>';$4AI!]75_IR0OV4_!JN!+:9
M&OP!.Z'3UM*D/'XG7"SL[OLD'C8N^?YQ>\V\C]T1LZ9DF&"2#,M;>_5_Z<`E
M%;/&353SV:(TN`'5C?LP50"N.@.O$^KH'RY(3,:AA:PFW0^UY*:1JGTUKVM,
M_]"![K7[J!&7J^GI'62\6Z'+XI$[>^`V--9IZUVDPMNA[#&)(LKNCR`=+<NF
M@W,<EE?6N\OD5_RP#1[MJ\CZR#:H_!Z/Z(?**FSSN&9_"O]J5+/_^4Z&933I
M@EQ2^,I_0$EUDH;)J,QJ?7Y+LOIOX%;V4[)\:S`<%C83G-PR8`=S4MZAF?_[
MD5#;L"#S8`K<9"C9J`FHL\-MW<"R0T4;'![)!-+T2J"AT-Q'."+QR'RJR`?N
M@%I[B:Z:WS'BA9EV/1@O<](N9G0Z0'`RF,#A<)VF7M[ZN$B2OZI_S>Z2E$#.
M^@E=1/M5W>@B*;+G'R3Z('?TWV_5K!JDD+]$VLY[]X0;H,W.2[.4$L8:V)#&
MS>RR^V+Z2M+!>"W+K`_;9?:US!)H7558DN"F0X(UOAM9=.!]_*0*%6:PR9;=
M0JH:3VW77PM?ML9O<W![N8M&W[(VORR>-HF&-Z)7YU3T<M&^H3[WA#PQ^GA)
MW/SBQ]+D6<W4`:LFR8'L(%H>J%8E8>"67A1.PWA>Z+4RDY9GA9=K,01C;:"_
M>-$XQ<3+N8&L'^"VP;SC4$(]?EB\((QI:0<0#V^97EL6CM8W#'B8R_$!:D@W
M2SE8.:_E#6V13OM9M\I?,N!"=G3:R8V@=A]MQ>4]756R<HVHOKO(FUP28(TY
MC6^UXLEJ`0+VL*WHHXI+1YGO!PL0[!++_48;RO]HE#&Q2>WJN+8HM'](SQK=
MA-I:W7EU:LU503!B)X16:O9&<BCT9+Y$Z'['%B^+7])%MDYBWBQ,9T4:JI_:
M+FMVY-?ZNUTPS=XTK?/(^XQUEIJ)6W:Y6!VY"\*7*5G6*6\.W2WI'<X5T7<,
MF.*=J5L+(L@^H$3SS]<T^C5))[\=?OG2JPB/R[81HV_!*U%`F#56E*8K0_T3
M!O_GP>$_#TY+3E:_T)+.9[J>D>Z);7ZF+<60E+X%BAN?65#\7MT]*)7\&_W,
M"@'D9TZH6S"J28"/M$W9F'^X_'B4#%>^%T&?IB15B/6L?RI@?*K_FI7U7>KA
M(F#]O__QK?K(B^XP+P=+V-2IGX-5RBHCPU\GR<=O(Q)2)3@X@A^`M:-_?CGX
MYYPY^JL%55`VDD/\^F,OAVO$->7:3U<)#=)A/2S]<4.H344]^FW^Q&_OY0+X
MS^%;&"WT89PFTW:`SLE*Q)Q!,XGTO_]Q\.N7?_Q"&:L20;Y5B'`)+ZG.&;/4
M0]4[VI;J]2DI(R#G)@HF`MU;>>[EV$/E.^(IWP9K<^T[_+3:=[+MA:\Z%KV.
M1U=TWU)8`5>>?SGU4!M/9$OA!HMSK3SZM%IYMFVMO*&6=A#]+PG2&_J;3$$O
MU]YX.?=0,\]DFLE@<JZ;QY]6-WMN=+-:)/2TL_'.R\$7#Q6TIZ:@ZWS.=?3D
MT^KHP=;\F><T@/2+I]GT-8D$BKGRW,N!ERX-UZ?99&ZN@:>?5P.WYM94-#R2
M"23T!7%^'TQ%=B7K\9<#'[V<`ZZ;P^5QKI9GGU<MM^;O5#1<$JA#'-W&(_+S
M_Y"95"_7GG\Y\-'A.>!Z/'PFYYIY_GDU<VL^SV61IBNVO=P9Y[WR<N"CVW/`
M]7N$?,Y5M/=Y571KKD]%PTT8D?22PC])4OG2N?+TRZ&/[LX!U]_AL5A'S[]\
M6J4\W)JK,]^\DNDTB<LL](V2N?+M7?#RRZ&/3M$AURE2Y+C6X,][`'2X95?I
M3Q)%_R=.?L1/),@2Z+V5905)I<K+>>_ET$?GZ5#B/(F8K56V/#7R6?&V[`S-
M.^]%2<!C@?GLRZ&/3M"AQ`E:9[!6JB/?E6IK?LQ\@ZE,]D?R#EV/X@FD>`E#
MY*+77@Y]]&<.N?Z,E-=:ZXY]U[HMNR9_)%%!24HKDURN;FO/OQSYZ)X<2MP3
M%I.U@ITT%>Q?OZVGIG61LJ:0]=]*8\9!]EKB7F3_G`3!>Z4V),JS^C?K^C/_
M]3+]ODS?Y"@/^V$*:NM=VP+A5#;DEO[(TWS^"Y0!!-NY"-Q-%9=QT\PB\EHT
MK7UI<_KGA9_$^P+[X9<C!)ZS!%:^4C%X<943Z5Z2)PXU<+-\4S^_#-)T1DVF
MLNJ'A!7I^R\GB/24`3Q?1]58<W6&@T!M6X=PS.FNB^>5I4UG_>'?15BUXH/V
MK[)-0/SRRPF"T(X`<K["*O#EZC@'@;8:69!,7X_7I$;@U_%>>3E!9!<R$-M4
M-BDWSDYG$.A8ZS!0FXT\>2=I/H.*(.5%)3K[W\$DNR<R+D2OOIP@"`X)X!9M
MWQ*N5@YAO%2WUO$?<[K+YL`5/=`9=]Y6>1YTD[`A?/?E%$&42``X7^'D;+4\
M0W&O<:<./96->LF-8LGR-4[R]LLI7B_E5.BEJ#"V<LSRN;;D4X=;,I0[D%`+
MC[R<XMUB3X5;[(+Z6L&VGOJ-0,$<;L*PS3PG=T$.95QGRW*N$@YXK[V<X=UZ
M3X5;KY"C6CFWG@#N7CG/'.[798?!9>QL451X6=]#PHM\@)<SO+OVF7#75N2M
M5MU/&%T\,XHN,N,U`/8C>2_2X5L`%>JGTW"U<!\C8,-]Y^4,;WCPC!D>E+-3
MJ]DG#`L>.;0/^Q]!&)73OW(5E_L6="-2<J55AG@YPFM?'@GM2V7N/N_9X9%#
M\[.^`:IJ=VX\_W*,U^`\$AJ<;%9<%59QKX;'+I,HN*O$0T1&$S+J9]"5)J`8
M![S;VD9CO1SC-3^/Q>D7VFRZJLZ"0+4='G/SY:06:9>^_W*,UYH]%AYVJ['F
MJG`+`K5UF#%9GH0P"J2+SH,:C[\<XST4/Q;F2C(Y,2_,\D'2U\1O+73H7JDK
MX(K$\#I+QT)G:9V)%M58&'55O5(ZASX1'(GTXQ'\!Q(./NC.1`6BEU.I-,;+
M"5[?Z5CH.ZFSYZIRBWL5/D606[DX438X72]/GO&:EJ=*>90;W*Q<'/MD"NG:
MG*SH4<\L>CG%:T2>RHW(!A,KM\D^E]:=.=0Z)86;B^D,KZZ="76M07\=O#3)
MVT5@,%JY"N9PUVVD;5'CJ*P=LM++1G$"J0[S<H1H=^:(0G!\KL,EAHN*VY;N
MF4L7:'FZ#&9^V29Z0N*A_(!(\.;+.2)W1TL,`D=(PJ[?QTE;5WF'H:8FD?IL
M+3A`%'K2@EUMH6ZRV3RP]UMHYPY-U.\Q"=*8C.J;JA+RUQ]_.4=DMO*PY>L6
MDQV_,T$LJ22"E7!VDZ1E<_%R:ZM^6.]>KLB:RE`OYTC7SJ9,Y,ND,JN[8QJ8
MJWG/8<[)'1G1)>>9I-.RW;2$^K6G7WJ(\D9XR/*5E<6-^3D[CC-.2QJ)8.&E
M]`S&&[<0U9EAO/S20[ZX]E1M4!YS?A\TV5'>@R\.U]-R)7D(9@JEP9J/4J*1
M+Z4EJGS=W&3&O$+'+JVD!U_L7?^8PSM.T@ANW=27($8<LD2O4+H0A4VYP&WJ
MFYPIS\MV6/*<'(9-+Y(T37Z$\23['E-1?"T"Z&)#R&B9V-.?I(2H)#1IC?72
M0QI:;4J%OX3J\^IW+K,E4]7E45<23\!]N"*ON?)-)_9++SWDZW%/?([%9\I5
M.S]42NHPMGI%TO"#:M$':5`F38-BO//20QYE[0FCK'R>7+7[0Z6AKDLPJ2OG
M^N/4[$.^[_?DY98V^/&['*<MY\GANJFND*NR0[Y('HB+9&_PTJ;##X)LJFT?
MWI\[C#UMDG4;#Z,"[O<^0.\(JG]YGH:O10[N\W,"AEH2YU16E)3)+?4UJ*KF
MBHC8_=C+.=+PEU38_*G4`4)-AV^O9?H8'ICUFV-'X^JUL*1Q,'XJ7K-P%`;I
MC"H-FP[1G9DV0U*^$$V?+F3&"02VPLMO"\OO:>@P:&.'EZT`1H%"%!7J0@FZ
MWCTK!%L4BT=@PGH]T[\XK23>W!X4FX"LOT%90)0TT(5X^'.0"X??R8E^3RC'
M%R+F[8"5KG^O/?YR<(`H4->%8/A3B8V%W]F/7L^C`Y>%OD:CLIU-$#T$X>@V
MO@S>PUQ>THO]%F5EAYV_`W'Y+Q$D?I^.^SVY'/IWCR0/PIB,KH,TAF2*_G!8
M3`LH`3>Z(N-P&,K`D`]`&=QAO^Q`Z)>IHN-WP3*_9Y_+8@-+=2C/-:G=0Z7_
M1N(L_""4K61:]MJZ)_E@_!S\E&UY>J-1UA&=OG4A5L%6:`*5W[DY?D]2AX&1
MYY0$69'.E#VYS1<H`SL<%CD0AD5X:!CD$?6JV123"4S<_7QJ(3*'<9%-7K29
M?SDXW.'8R($P-L)#H\5E)@1A^ZUGGB"N^=.2QY=S1.Z6ED"4$JWX/+=PHA#,
M@$4UI&>%VW"K#[\<M3\XRLCPUTGR\=N(A!7-](=U4NFO7K[1S3>ZCG.0W<^0
ME^S'>)(2B<H&V@1P4_VX;-@K9+(-W%MO]JI$5E^]2J9!&`LH;#[V<H3AF(.+
M&ULG-AG8OD*88>TPCG^9Q%D2A2.PW2NJKG_.S:0_@C2$>5C;0N6?Z5K_Q^WU
M'9F^DE2R'+89FH*"X$2`+2K1"5E;CC&<2G>KZPY-/*8,9@]I.`W2V06)R]@O
M_5%)N_4&HXPCL/_8XN#KLPF/&"H\+NR(P?@FC(.8$AD])%EYSJ;LV\N'H"Z>
MPS!U&]/TX!!5D%D5:I'_O<D?:_?_UV]-1K_1X>H_K/]^!0'R,R?Q:%FF8`.#
MZ6L8_#I,IM5:O*"FN2%<!!'EC3R]$9)G#R4Z;R0/AT'T#P\UZ-AEA1(;]86/
M,54K88&KH.QKW*!:>EN(YLCIZ1^WEU5_"G'#_Y#192)-GE8<A;**<2%>$X7@
MQ$Z'30QU1NVHIU%<AWD#I]$HB-'M3T7C-$>AU&,,^*RANZEQ1FSZGIMH0U<=
MGBGQ5X>G-RHK*+;1$*F=Y54Z\LL1KE,JMLA,EEQ%UGW/*;0P*<RN4-IA`,H=
M/B=W00Y2FRVE=Q.$J4H>@_1]RAY&RW8-?KZ"*S+H>W*>#35VVICL-;^-J7->
M`%&JRLMYB[*"(#HF@YJOLD*V?$]0LZ&H#OVYY68X^!%3BU%95_DO4H:0>VWB
M8)F,,[^+2=G16(>IC2OIZ!3_85BJ%?TY(J5^Q:.Y65?^_B%-WDF:SQZB(,[I
MWR#WXAW844],;O49"A9RC_)0F`II%P>_JU?;F3L.7<YF#>?%JG859L,HR8I4
MIYPUX^V7HR/DKN.AT'548L_WDB(V.@\Z=`]7[ZL_!.D@+4D<E<)Z(.G36R#5
M8[5!**/('<4CH:.HPV6+\AD[H]4.O<55495RR?I%_I:D$)O2TN;UERECR'U'
M<?M,%>X\KP=O1WT=^I`L&0V*/,N#&'*[#/2W\39E#;DW>23T)I78JS7X,Q_%
M'#GT*1NU.PQM"H41*(O(/<$CH2>HS&*MS9_Y#.4(1Q$?35M"\.;+T3%R[^Y(
MM3P/F[5::S_SD<FQO>*IBK?5K^8X5[_AUPMH,R3E"[DG=\PM@-J.YUJG/W.L
M^MBA8[=RC[Q:=B0<,-Z@+"!WX8Z%+AR7I5H[/W,T^-BAW[:Q)=YF6:%O(U1O
M45:0^VG'0C]-R%:MJ9_YE/H839U7#67EOT@90NZ-'6M4;MWDK$U7#TPJ:W3Y
MHO66W_T-YV-,[3E9`&ZJ'I<-KVZ6M^_4UND-4`PMV+BXL75BDP%/;I:[;(*.
M]F8YA@[J;%&)C+>V'._\S7*7[?]<WBP_QM`ZD"T.OCZ;\(CJ>F/'-\N/7/8$
M;E7T"%,38'6H^9K*X@_9S?+%+[/!>/!.TO)+F8^WRD]<&BPV@@@G&(P+$;@*
MBK[&#:IEMX5HCEUV8GTD'R0NE#O)KC].B4?@-<G`Y>L6FQ\,)JE#D;JL<O"0
MDFE83#,H@4]&]R2_F%T4&15GILJ/P@B4141:RQ:`,/ZHQJ#?:KPE37"<?;I*
MX,(8_%H$:4!=$.J'9$4*Y7DNH08PI5BVP1B-26%`9!TKRTUCCJBCL)\U*N@;
M;1',=)5',B[*A,S5#PNR43AO4*H0K>K*,&XJL91'O\N';$M%W9Z:KA*HRQ`E
M'Y&_IHRWQH)<<=BBY@>"(MSM+6V'.DIEL+QO766O2>AGO$%90*2G;(#Y2LEE
MR.\%MKU:&IU8,'?W&U+6X'\DX?2UH-"4T4#!WLY\_N484VDD-E[L;5S`CM_E
MCEKKF,M21U^#,(;<W4%\1=+P@RH19/3695*@CQ?=KO+@IR)SNL-1YA%E1;-%
MPU\TS;CUNRJ2<X4QN]3"\;>"".Y>`!$94%&N4&6*^Q/)\VA^8!.7_C&4GJ@I
M%"W;YH.^'&.ZW6(F&9X+UPX3OP,1SJ>,V8T:.\Q_C].&\-?IEH7P)&]3UA!M
M'V:"X6\O2LR;V^<?)'U-]I/#Y=4<56HM,4V9113;-A-5>VNL0N&3AUO,ZE(R
MK2@*;&-?'\2+\X4&^(WZ=73COTE2$D[BZY_#MR">\&(M5L:FG")2>;8<V#:3
M)=;]+FW97L\='N"7]NTSE<4SF;XG:9#.;J?O5%YE6D8IU685:#4.C<:D,"`Z
M#F(+B;^NMV#9[RJ9B/3'Y0U1/9+KTNOC),U62J];!8;[%0H5HJG60MJVYJ,$
M*0//'E4S<TQSU.$)FA;)\][>M[&HF,0%:`P4D3!J";Z55<`E'U3<B$X;6VBL
MI77&O2P,`C'[E8RC%PZOB9EHW2,9)I,8`G6W,61U4*W)Y)DN%K_T<GR"Z.2@
MA=3MK@9"M`P"0*OS]7DGXD`.C8:5\,;USYR*IPBSM^HR&/3K4`A["M^G["':
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M,;K058=&]J+NEM*:O/8T)1V102U!F*^G3*[\OD#1A98ZC('5MN`BJU]Q9>6^
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M`PJ_;1[WD\BA0\JA=FX7;!!MQCMO-&IV(')?S02G/9'$8.R(#6;4QZ;U-.B^
M4>0IAL9A(@`WU9'+AD\-.D^_M#;,NVRD=_H%@>G,Q8VM$YL,^-&@\[1](]_=
M:]!YBJ%Q,%M4_`VR/<<8#,]N==WAZ9G+!IVG&'IWL<7!UV<3'C%TBJO."!?6
MA**?PWF+FK$.=;95A_@S!#JGA"Y?!5DL>=%Y\Z%$YHWDX3"(?&S#>6K6=\C6
MS=.P;AE5=S.Y2=)&&ZGI>Q#3[?."KD;)J!CF3V12JA7?"K<Q-`4%T91B"8P_
MD]KSC6%I1ZL8+JO\FE(NM-WL#$Z!06#(VQ.Q_?G5Q,F>P[JKRN1P3Q*T-9Q3
MJ>0XJ`Y#F46TU]@0''_NZ&&"89:TLZP<'LK;R"HXQ53G@P6N@C^QQDTS-<]K
MT;BLVG%)J"NEU%I4\`9E`=%A-`]B01"0QQ*&V)ZK!:^U<;R%$QE,;9E9`"J>
MA*WW5<:/>^L5J].(-8;FL%S<5$["CLZ].0DS:[VVXR=A&'JVL475U4D8EHYL
MG>JZRYYI3D_",'148XO#WDG8>N.TW3@).W693=[*`,64"2Y$5_DD[+21[(WN
M)&PPYA3(=W40QB#GGE`RGY7[_BF,0*>]ZPX9#"KY;07ZHW\753WS1=\"9KN"
MZBA3IR+_%LB@8",PS+6U@S^_MPL<AACJI]-8IX7I.%PN>\#^GD1@GR^[7#88
M3L.,_NF*_C.>/)`T3$8+S@W1;?U="B>B\Y'M*I'^*F();@Q>V7[!4=<5A/:(
MJ29N?ZFIM!Z1E;%=Q=G>(K,`VO=>XY]O@7'=',6B%M8&^Y97F?JS+Z>HRE)N
M586VM]2LHNUWC_9/M]JX+.$I:OOX2(91D&7A.!Q6<W7!'Y24[`\N;V^2](E"
M,!@O06CK0+7_,`4445ATNVJDO^+8PMN@0`>^-IZ?:M5QF-EM71D=K#>5YB-*
MKMFNZFQQI5D@;5#\>[_&.%44A)%A8S5LZ4BU_BZ%\U-&AL6U<SN&VZ#*.;YN
MQ]LZ)G8=-;':]+[FS])ZZXJVEU-,+<Z5]4@RX=VBZ7?QI_U4X6\U1@=+T]<R
M??+XX'".-/V%?H2/$=5K!OW^#/,W.3JRZ`L"RBC*V,Z>W"K<YE*'1DH[<"Z^
M7^B8>F=DJB%:Z#`N<>6TP50I$X&285K<%O+9VV\[NJR9M=Y`M*SUQU3#,*YM
M-6$48VR':V[5#=,"MRJD'<@"V*]R3+4S.KG36N44HJ?),)Q'3_OQB/[T)]54
M,DI^Q#K9`%NE@2*'[;C.K1+IK5T=R6,G$@?V"Q53QXR._YPL5&Z7J&HR8#O=
M<ZLX;A:GA21V(M=@ORPQM:O[*+\M=93D'&R3!(K;/F[?5"$W"]2J./;I">K'
MRB<(TZRIE$DXB2\+*K=X.'M.@SBCQ()NQ*/R7]&:IBS4M(P1T%%2$F3DBE3_
M;9D!UA4Y%'Q$42-E;='/.NH60`S5'#^])I\CS6E4Y5B>%/<X#U%^?T_B,CLN
M_1;^74`M%/JXC?L=VR:5"@V;;[5UE37+H'0CJ9T("7WJ-1+A!?TMJK,7JV,U
MV["Y=%M74]3KXD)&.Q&-^M0KHNO<>+>*;.'NS)8I?3GM8<ODVKK"HEX;5P6U
M$X&P3[]*GB%<)56YK3-Y*E]F0[GC%I6>;))`9_:G7M?.C-8U^Q+8@=3ZS[Q2
MG7MRF+"JEE;KSYE^CH*'Z##`C>K868'4T=[5"G2?9[U!6*U%=U.T7YS.(@44
M8FS)H5M7L.[M(JD`_$Y:WU8F`\+%0#&%ID4`2&%T"@VB2:PL2[,XBS(>!L=I
MB.94H_O&O,),/&(@HCB_-$=[.>TY-/2IA)?BEC"V\BPE&Y&);80Y?TXP./7;
MF7:MX0YWDRUMF#U$NX*1?/BS09E_#'V[7&NZP]0M@9S,-9RRA"BQR4@>1II=
M\6W75T#28.PMB">0O/[T1G%_2R+*8G;]=Q'F,U=-QMITJ#L_<)@)M*"EP@_T
M*8GA/H"@E:_2NY0M1'DS+,CYLTJ!,0Q-M+J4G<-#QC6*A+U5A>^\G!\B.L93
M0)ROD0+^,&BB39$YM+0?Z@WR*4^&?REUP&6]0IE`9$L+<.;K&Y\M#":R376S
M=_UZ%;/!^*EXS<(1M`:F-MY]0HVS.*>RH\-,ZE["0A5K-2;E#)'5*P!_4P<M
M\(WA$I!-)7487ZN"I&IK8>-12C2BZ)H`5\$:N,$.AJW67!X.O0R*_#2)U7?5
MC><I^8B\B4U@A1XZBQ6_5<FA=]`?C4(0>1`]!.'H-KX,WL,\B)2X$+[[<GZ$
MR%O8!)RO8@IL8;#:C-7MR.'V]TARNE60T760QM38R)3(9[]$&4&T)6Y"S%<P
M$3\83"USS7+H;/:'PV):1!#;Y)U@JRUJJN-0=A&YI9N"$"QP>BRV.,M'<-)I
MKLP.3VZ>(5.J2&?J)A[C#<H"(I]U$UR^@G*9:=Y)=!XF-CJ;<*A4"UJ^T<WG
MEOZH'-1>O$`90*12+'`53B'6N,%@R]D0S=FQTW,O.E-OLZP@HV:BY1]!5)#R
M6/$BR$AY,DMWF5)7I`SJ#D@!0.33\@0DTD\SC@VN(2+:GNUHOD,'FB.V4F*9
M3=47C?ARAJGC%D]$VKHO9WFN_&>?6/E=UIA;,=3*E:H__+L(4Q`5'"'D;\E(
MQW#E#$&91.3J\X2@:,\*>9SK\[FO13?L:+3#,,**J*KUIY:5CB*OODE90A0J
MX$&NJ+\LUN9JV_O<:NO0M[L+XR0-\UE]>EM?MH*R%H]D1*;OH&@RKA1'H:QB
M]`+71,%79RTVZY.E+Y];M^W5KU9$OUIF!+D<6N-0#I`[AR?<\LX&C-9*JW,[
M90>5UJ%;N"XT]EU8S?68/<C+V2ERY^]$Z/SI<%DKMJ=]]*RH]9'K.-_*%0$J
MIZB`MF+,.Z'LW#*5`$CKCU"@D"_Y1_)XH"44S"\KOE>!F#Q(\UV8.Z<.@R5>
MS9U3Y`&74V'`Q28*]=PQN/-539[K>">LJ2.'UE0CZZ\R<ZM8L7K:8_.ME[-C
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MAT$3;8K,X;&Y\27$4T1'V`)<!1&)#78PJ%6[7=7I&;*%.WPHSW8;X"KLGVO<
M[,H=OG.7N3W+!@[9<\(I@O$<_+P>C\FP[)=G=+O)TE<H5(B61IXH^9IL%88=
MJ47>:N(8^?_,!.6FI_A'D(:P,-4I(==Q3B5%,GX)98T17LZ1)R*<LQ,1M%DT
M3TK8&?TT.^!EZN<5&;;64.4Q*.48K84U9-DZJLEDB]K>F+2T\UCKN<O3LU:6
M.\JS+3G6RK'6\V..VXXAUIH-QI=!]G83)3\R5]'4>Y(##0]I\A%2OBYFWZD]
M=1L/WDE*$8@G_6$>?I2K`F6!_J*@OYO_D;*D.(OL?(0Z-@Z/-"CQ0T)&&5B>
MMW%6I$$\)`\IF8;%E)(=1=0J5<BS4!GDY1S3$8A-X8GR--21\=NX]VK&G3DM
MELY0B2>2YU&U2VSR8C+[A`-2`!"=K-@4JN9,5$#);V/1KUEIL:9\,"M-D9LD
MI=0]DB`*_T/%EF09R09Q*7\RNB)I^$&)^"`9A&,$7I3)<)0?1%:H31FQG3!S
MC`QR7U#=8?9KDCD]'5NH2*47_;A4D&6,]/HG1#QE[I[R.)1=1,%CFR(4'<1I
M@6.0`[F??,:2LQ>\;MHSCR2L+1HJ[$<R3#[H.BLLJJ'R^LOY^0XZ;&?<4+<Z
M)GZ78O1KRCB],-7T&:IH,M6&JQ!8BD<950M"31F]\`A_&,HLHA"\30&JNF4R
M;#`<_WLU>\Z==D!:&"(&00WARY2Q'9PIYY*V2G)$#*JD[HTY8W$Y#"(N2BA1
M)YKR(^%X[6E*^@Z&_\Z%X3\F!+X78?5KNC@\3*YN6ST'/ZNPD\J,67^!,K"#
MX;QSX:DS#P7?J\#Z-6\<!NS:\=`I0!28'0SMG0M#>S80,RES6\<NDCR(<$[=
MV_B#;NX=3UW-C[STOB#POIZ3>07OWTDT>D[N@KR`&IQ/9`C_57?$I.-0=O'[
M9$8BE/MDBN#LJ'N&=/(AR?%X"B(((=<Z,1B;3D23,2D,^%T](]&JA10U@6HZ
MA/M)IB()EZF+ZXOOMR2(YP%CA9QAV>LOO0/\IU]&`M/8SYB8>%]TWJLI=H#D
M`&R^E,Z35BF-@['FA-,:C#*^@^;D@?)AF"I"GA?*]VLJNC0IUY?F.J)]&S\5
MKUDX"@/(3Z`JTQ^/PRBDRZRV:Z<P)`5A!PW*`[%!:8R324GQ_4YI+$6+^<.-
ME7AYR:E<A9G7"V>*J59*8U%.\!\U&$E'GG>E`5"+DM+[G4]7>/;:@C7R&)KW
M=@WGEO9@E!?\YP9&\N%,+D.$3"H([[<N4_D=8K(L*3>4Q'SV$`4Q)./!5>5W
M>$37GN0.1!G>02OR4,^*E*!33\!=RTY!.@&=UK=?=?L'8^,9J#X297D'C<Q#
M2=5\37CJ.=C;'PBH)C!@.A#H?P1A!`8.-7Y`WN:'WOR17LY[NW=,4(I18RN3
MP6-0VF"_E9G*KH?HP&`P-I^#&D-1IG?OL*`4I,YF)L/'[^IL?LU!),DG\T0'
M2N]#2M[GRS8<*P51E%F:G,;?H##MGA=8BEYMUK8$KEF99#\I521CO[[(P@*Z
M"<+TCR`JR."]U-UX])P&T(96.J5,AZ/\[)X#5\I(',C4QVA'ZXL@G6063PK6
M+)QLN6!285-]&"4_8KI0+A1!=];9&)]RO'OG":44Y8=U+4'SN_V:7[,205B&
MFC$KRO.6I/DS2:<5,^4CZI?"92.]]+[L8%BFIQ2648;'H(S)?F,TSKQU><*P
M;CN5[3/U)Q[W?<K>[AFCI<@THJ!L4';TLBS22;85ZY/IKBM.*1M#4SYWS^8L
M9:=M<VK@U>;FZ][>U,Q'PF=O+DN/WL:4S`*>8?!E9H(J#O[2.]P]J[04MK95
MJH58/77WENI6<F$<'B#>QL.4!!FY(M5_@2&X`T-EF`91E2%<0+HB57.%Z:H[
M'&5^]PX22X'R)Z@91O64U+G,OM]-#>6'KP2,(@^=`D2!V4$S^-"D!(P68G4>
MP&Z5@+D)XR`>=CQU-3_RTCM"D@APFV4%%#,>C._(*"RF$`^\3Q3N"*J,0=G$
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M."F+`+]1A7M+(BI%]3Q(ULN4L1TTZTX4JYKP$=G5*G@X)]<ADBC#<JDLT_&:
M)H;1]K,Q"O77=S`&<:@<@Y!"8U!U81^2,(P<.4R9:D9X=:>:\%W*%OYD*"-1
MJ87+.8`8E%'8[V;&ICF28B:-+-;;>.D8/U$[YWM,]:$_20F96T)4AXIT^!;(
M^]BW_@`%:`>GZ+%RX9,VJ!ETX]EOCX8"=6B3-E=TPYUQ=0\XV4&K\UAH=8JQ
MV-5V(#BGT@F"GG)TM5TNIH/Q93*=)O%3G@S_4K\]PQF`,KB#&]J):F=O(2HF
MK3[V$\U89DB.RDH%@/JD6@7S%B]11G;PD.M$O<[K&A*[V34`Z13"=V]%D8=.
M`:+`[.`AVHG)O14MQ$Q:$EBYM\*L#_`(W12&9;N?LID"Y;#JE_XMR:BWN<8P
ML'LQ8W1JEDS)#KY$P73HCJT0+Y]FRV=?>J<('*_.Y"&<.NLH^!W9[X_^7<PK
M,T!4I@*3K*&HV.A<<4?KXI-4%/8*2CZ2(`K_0T9?@S#.@)RRG%H9@7XB>1Y5
M0:Q!?!MG!97U\O8\I9LN;<+5H]7(E$M$]F-W<MR<?];`,[C_A<IMVYWYZM`>
M_1ZG#5T"!@9Q0UTD>$C>IJPALBB[$QY_DU0"R/=[8SLS$<\<3L0R/^DBH$1>
M)M-W$F?E%)'`P'Z),K+ST^Y,..U$N!@4OML;J1T(T,C98QJI?X2+5H'\M/S-
M!U]ZYP@\M^Y19IN0+"P\+T6W,W/CU.@PC3DW+M^">$(EK1#/67^4TH'HS*L[
MI-GS@XU&,\*!04+G#BV6]0)=M_%#2J9A,<VH>`@U<>7W>%6&H$PBL&;X\/.M
M$'7NW#4BZT`E'49Q-Q&_FH/YD$3A<%961,Y"T)O+))/6E]8=[J6'H>D>7RPZ
MJJK"J;N44_MJZ[(]W2;ZWV,2I#%%?[Y@:"OJ^@"4002;.1]Z'=5D\^:JG%4'
MJNCP'MHFVF!9]>-1^9^%#7;]$[QJ\D@U*/W0W^45QJ0P(+BUQA>0CL(JL^LN
M$MB!%ML[A=I$M#S8@%M&@"EX`Q_4R.?;FWJ#4-H1G"WQ464[++K\N:NQU(&N
MH7*#ZKC*O!"/O%2$RA"42;1N$+LMESYWKHH5=:"0J)R@_G"8%A3),'@-(Y5V
M`BI#O!Q\P=#+BH^_CD9RV7-U&\>Z2E)V4'DX<\2KZ-US\%.U])O&2,`S5J>G
M$H>!BG+9-"A8M8_==Q!1-G+>F-.=DE*F]#Q3Y7DFT_<D#=+9[?0]"%-9*R?9
MJY1.!-Y5]Y)@F\IJZ/C=EWYW)I2]@^+-1942U\BA&]2)WT&T[/Z3]?-FT]B;
M)"7A)+[^.2R7="V'L_777GIG"$RN[N6MZN%:`M3W<L,[,]?/[!U\;RI+N>13
M"AG)LUJS6#`.Y0"!P=F]C%3GIQ0JO\L3[\Z\<WCB4!\T+AR;>6#\@L1D',KP
MD+Q-6=MY._=,>!JA!)#?-4=V9QK:.S)9$KAB(%W_A&\78?8&?Q)67=4<A5*/
MX-"D>_FPMSYMH'PO+[XS<^[<852T,H\H'Y3HBHGYXBQ!@OL>96?G[<]S8=Q4
M`HWW18%V9]XY-#EM<K1%\"AH.V_,G@N-6?MHFA0O0M1T='>6`X=EC3A%0!CT
MVJO)HC@X!6;GK>IS8=$D&_B95'I'-,F?J+!)Y4``%#=1\D-ULHI>A7-CAYMP
M.\&V*QFE^1%`"M'.JR#4KN;3&B)^%WSI<%[AV\TT&[Z;S2O=KO(4*43;FX)0
MM>>5&2)^IQYT.*^\K=RWW1*'%"D$R<(:0M6>5V:(^-WROL-YY3!=^7H\)D-*
M5YV2\4@I'<1`9=GR+WN[_KL(/X((O`X#_ZOM\!2=`T0Y-PJ"Y,\E2U@8W%+Z
M%+/HP.%1`EN(#R0-D]%Z7H:$2YVA@&M$)PX*`N+/#@.^#1+'/D5<X<"A_W-9
MG?Q$Q8BN75=A-JP6,C)2WC(41@`>_?%<#H2>BSJ[!FDBJ`[/.E1XAX$T]KK5
MIV9SFLZH2,O45Z,U?VT,X-.?,-B!,`RFP[!YDN)[N7E00M-\=U7?H4^^5=7W
MQZ,^$'K4.@R;7RJK5/\ZWN$UW][%%'^+]A]\.?3'.S[@7BWI!A:_2XUV-W,.
M'3K*NY(Q05'TQ_$^%#K>'>)CN:+IOWYK8OR-,E3_8?WW*^"3GSF)*=TU"!OP
MTR4H^)7R6GWYHLC"F&39%?D@4?)>W6*+1X]A]A?\]WL\)&D>A'&9?N9H&CU3
MGB[H^'\ISH&-YU\.#ESV#+P/\B*%'N7*>3P;+P`'B*8@#V'!T0J/);O'^MN9
M-!"XB!)H=_$43N)P'`Z#..\/ATD!T8Q)6<;0]_GB,,@@!'5!K,PL4!H$.$44
M9N!)@C^OM-CT>ZY!(=L5+M,DIC\.JP8T7D\VIRD\/WB0@N->GMUE9468Q3,A
MM9G>(_6I:.,3@!*B(#A/BJ+<`FL@^#V-_PC2$$H)U879KBFWWEN7+INY#-_(
MJ(BH;<5#5GG+5!\)>$84H^3)1+!O:O/J]ZQ3*`OK]PQTF%545_*;W23I30%^
M3E7(?'[MO?*CWX-P=!D%X31;"D5U8K;_`$4(0^M0F03Y\]4:!'Y/XT5YH<&8
M57_(YQELUHC&#OT+6)=(*^^:PG>!+^1Q&W9;&AWN_)Y25=:\_]/'8<#F+DC_
M(CD844]D6*1:1J?P7>`+>7B&7?E1ASN_I\^RP^BN[$,.@S%,,*EI\SL935:.
MGO1MR#9#`RK(@R_L_M46F?=[EC8J.7L]-]WV7J@@U)][HE>!*^21%'';:07F
M_)X[]1'Y$YGXO[DY#)/,\7LD[TF:S]._]>:1P@B41TQEBWDR$`0FE7GT>U9=
M!VE,V8,[+V4';9]GE5DI84M7&M=P5)U+W/>`'^0A"W998%7._)XWE\ET&N:+
M<\/R_LR$Q+[GF[BL"BR`5'^/TAL,.$<>X!"7_#5BU^\9^%2\9N3O`L[//GRW
M!\VJ`-L^N%Y'5/_`FCL"\(@\=,&N]*O/H^>S2I3(M@L9E6<.8Q<7019F@_$:
ML+/J?U5GF]H@P"GR>,:9,)ZAQ69SSKD2KA7E=!@7H$9#1L$=E>JAIY*B5RE7
MY\@C`6?"2(`"<\W:73ZKG\O"Z,OS7SW=X[X'_"!WH,5US66<^5W9RHJ^HBO!
MH+ENJHP!?"+W3<45O'6X;-:9\EHSG5;#>0]S:+XUO]A<MP.J$.\/J0RR$/YT
MF62U'*2*JC\DH(#<Y1.7H6[!=(LB4;NR-#MTLQ[2Y)VD^>PA`B\V'L&J\ZYO
M6:@.`]PB=[7.A:Z6)J/-VCA>JZA#9VN9":-I,O!?I!SUD#M:YT)'2\I:LQ:9
MSXK7<^AF-4`>C,<9R2&TLNR6.X5@BYI-H#$2\(S<%>L)73%]7IM5E+S658<N
MU@+@.Q)`;'JY)>FMF<KC`+_(7:V>T-72Y;19K<AK+77H;E7WG2I\JUM/X.Q6
M/ZQ?\5-:6/4'!`20NUH]H:MES/)*L1^O-=BAOP0M2G6MT(TW@`?D7E!/Z`7Q
M>5KI(.FUDCGT>&YCNB$%\9`\T&TI+*;9(_D@<0'E1)))'"X/5Z3Q?L5Q7@ZH
MZB!72*$_I,OI2E]#C]64CNR.?A[&JBNC]'W@#[<O5.+/5TM5#E<Z\'FMCBYK
M<$'F[$60D=%E,@7SIXI%OY>:$D./`BIGZI9"Z$[-;3<8$3#`[18=BAO@F?-<
M*['O!U*'+MO3W20I"2?Q99%2$=.%@FYJ&:6J;-84C\I_1E4Q0DV_WG1<P`.W
MOW0H[CS7EO-:K4^\5VL,-Q%U$U;8KP$WN!VH0W';-@ECM<[Y?FYTZ+)SFJ!\
MG4ED5'<XRCVFSF@\Z?!UU)#A6G=UVN#LUH'^H<M.9U<D&Z;A>UVGGRO"^R3_
M7Y+W1\E[ODQ]YX:P#,8$')`[;^*&9VVXKB?!RIF6JUO@*H72GZ'@B\^7%0[-
M>DPQ^XWTLXSDB_)M5-JC8IAGEW09"_,G*JM@]$0=H["LP#$KD9-M(BU'!?:0
M>Y7L?E)V^/:[C[H5Y39R2?G*71;6G(N$SO[?232B?M)30+'74F?5<8`%Y%XD
MNPN@*:=V6Y1O9^?@EI7U?V\P<GV9TZ=YN7$Z#=(9M0T2ZLW5%U_(Z`_HL\)0
M&>699>L3P#AR+YG=BJT#$/R^::I2"GD'9JF]CG%+[0',"!<\DTFI-2)E"U,'
M.![LLCEHPO/>:G/9R&TIN_)LG(P6Q9<'KU$XJ2+>?X;Y6V6(7Y$<.E)6C8[T
MBQFT^`;@A#Q.(.[/9A,%NV:CEW/&GAN_)AA(#X'EJ]XP(11"ALD'2<N=DUKS
M<_DUQ*:W,[3_#`"`W-$_Y#KZ'0#QZ>_M'A[:\_R7\H&C_2">/3U.7S.ZAY<V
MYM>4RNI[/((.]P7U`*N<TD7<ADKO(<GA[#^(YF*DMO8%&2<IN8["*5WSJDCI
M/,/_D41@I#\GEZLF^Y.!Q86'7!`(\CC&(3>.@1C0YEWF3SK/NPA1*/B-^KZ/
MZH#`%/+PPZ%"^,&`Y4]_I?GPL`M7?LVJ6)@2S69TRZ5I$%<W)2K7M94A9_8E
M"L,1<M?_4,'UMXE%\SKTYYP81T8A`<G$>$[R(+K.\G`*F^Q2&#=4$6YC0JWK
MD`KL+DGS23"A<@QT'9LV'P"FD?OW1TS_WCH$S3O9GU3[NW#NZR#DPN)\)%,R
MHF9JO\KRM.#8M_L$,([<J3]2<.JM@-"\Z^W?.8RDEYW_1S!'+E/?%S4"&(=Z
M\TO:HP'8&D6:0@N<>'2?Q&G]S[(()KP_#ZP.W^+P[T+QA&>K-`#.R(,(1^*4
M^BVBM#]%.G*8MV]#TEN?@)MZA#P,<22\*]`9)/O#IB.'UQ-8]4=NX_<B-^C@
MH#46Y?L8>5SB2'@QP83;_4'2,8IDA(8%/;X((H@K/;T1DI=)Z?IY!VK#`??(
M0Q#'BBD&6@SO3U6.,93DJO9MQDY=;LW?X^053A&JS%NZBD%LB7J64:B5BV/Y
M:X`=\IC%L5IY+ZMX[$]VCC%$",0&<"?3RN(G`47D_O^QFO]O'Y3]"=&QO40`
M7<_1QL3I_+L`$7)__IB;5K`-9/;'3,<8W'H="7\-PAA.S&_C852,R.@VKCN"
M=A4W4_TL1?,$>;#@6"U8T`TP=L^S?)QL)P[C"DMON+RF_S]%`%<6R^+3RU"0
M_AQ2&PUX1QY5.!%&%<SX;=9!_J0:;R^+89%!M9#%<LFIDW2;";15W:`G*J0R
MZGF3I/TH8AU%T[_\^18.W]9D_&>074=D",?W"G8<`NH`;N1QB!-N[@0>_%9J
M/W_266OO(L55.*8`DGA(+DC^@Y"X/YFD9$+%MK0VXM'BEX]D2NT):CU`KVF@
MI@BB!VIK#,/W(**B+)/%RA3C>/),TBE45^9(^/<@NZ#?TYC#Z&@%42"/?IQP
MKU!@17.E[+9_>57+]HT[D$-UTCI?(R/#7R?)QV]A"4M%??7S.MW5;QOM+Y62
M+21O`0_((RPGS`B+&E_[C*(3I[7M%U/],@JR+!R'9'0Q:RR0=T%>I&$^NZ(+
MJ%;N4)NA*2JGR.,<)Y(*^*V9W^<#G:+(D?@>IP1Z:9+R%LT@7M\=]=,DE$<$
M#)#'-$X5,R5T>=YG")W:BVLTP*967IZ&KT5U._@)XJQE[/5B]D!2*"8?3)IY
M+1<D2GY<),E?U;]F=TE*GJD??0,UYZL7E&^0;Y$*@`]YG.*4&Z?8/D[[S*33
M+NHZ+.0"3N7\0G]S%00Y5E5H'@,H9'M)38%)DJK7,+7]*0`">3#@5*&>@E4P
M]CE&IUW40J#CW[V6O?*2]!W*+Y'&-;6O19`&<4[`9%X$7.>_3%*3*G'V/@>`
M('?'3Q7J*%@'9)\J=-I%E86G<!)3YW$8U$GUWS,XF6CDV@_&U5H&*QL<8R0Q
M_>6\Q]5_5@[+#2J>=O5U"M<9<@?_5*$:0]?X[).'SBQ6:%B8SU`N^C9>-0H>
MDBQ<=-4JTU!8:U]9-2VJ3@<WBZH-ZG/$^0BZH0)D5`+\R,,/9_Q:$>APW"<G
MG3F\_S'(WT@*SO`SF8+!D\YNJ?#"%.2U7*))9KQSVO\0((8\BG$FO/5A'8I]
MMM.9PPL?2[OG<;Z4UIF9AH%P\3#`+?)HQ)GP8H8FHY:S@K:=-7!%TO"C3%?<
MJ1HL9R[;VR_`K=V()<C*>;1J@P"GR,,:9\*Z#%IL[I,.SAPF'2S71>::<1LO
M<BX;A9UJBWT1W-7?;JQ\C6)WCCQR<29,3>@&CWVVPCF*;`6F3)<7:)BR)>DX
M2:?@W5J:4_K?`_R0AQK.%3,=[")B-P]B^YFD\\;*N]`0Z=QA]*)9`!@@K2J]
M+^"]HO_)\G#8CT?S!NN&'IG1Z(`-\CC%N3!.88?_O5%YCB(XL3AFR6IY4AG.
MRZ5>D)B,0[6<)0LC`R;(0QCGBB$,4][WAN&YPPA"HU[P>$R&E54R%]YC>25F
MI7:!V;30'QI001YM.!=&&RPPO\]P/4<2@ZB@IY(S[A/;<E2*10]Y3.%<.::@
MS_<^_;2'(G8`1^3U01R5WWQ7SQZ3"&Y'_@C248L+#SH#`R+(HP$]C7L/!JS;
MS3K=MMM_461A3++LB4QVY!2HY]#W7[4E!N/!.TG+O.6'-!E71^C0]F0!]DJ/
M-]7):N<C@!3R2$!/&`FP"L,^(-"S=ZWB(273L)AFD!\"):+6L[5(F>T_3\5J
M'/U=S+Z29)(&[V_AL"2YE"L4Z%5.R>OZTP`4\BA!CWOM8DO@[,,(O2ZN8<P7
MLMNX/'\`&=S&?X;QZ"KY$<_7/F@;9)`Y;C`P,(D\*M!3N%K1@G6_3WOJU+T'
MDCZ]49AWP.SKXDH'U#2$LX2K,"JHU<!$36^R:8WX<G#T!7FPH:=P]<*$YT]O
MD!U]L=_P,AFGY"/,R.@5)!+$HU$E$3*7"%WQ,I!(#A+)*4VOBGIM-C`PB3MV
M4`I!K-ZM6+=K*FUG$ZDC!E?D@T3)>^E<P>T+Z*-!__L]'I(T#\(88HCW09I6
M93$I_V'4;G^IBSN-2%C-1/K#^@2DOWKY1B9!=`T5.6?]GV'&45_&DR\'Q^US
M[52IK#Y[E4"=,P&)S<<H?1CRV?C(;<X4#@O-U1TUW/:<XC+$7H?79P]I,BJ&
M>1UVNR/35Y(*%EJ%MX%<!*XI!T7V(JK.5M/<QJPQ9L<#3(VY+\461+\GT0AV
M$JF2L%\`HA#LLARLV'HAY*1Y?1VU*MBK"G1'=^#;>%BVTI:JP>;#0`R"6"\'
M([8*<+EH7K1&+7Y[>\=ED?\(J,6GO!*P7P"B<.X0_)BED)/F-5W4JF`Q-I$,
M0^I&3$A,TB`B4DU@/O]R<((AKL!!BN-O"1A9N8Z'6A'L!88O@OBOP;@_)2GU
M.J5JP'@:R$$0PN6@Q%8"/AO-Z\:8-<`L,UUD%'RM9L2B.-!#07_(B'R34'H?
M2,9I.K#SQ'49:T9@4.N-/;]B#H^J?BSAPNE%L"_[\!CP)O)@;Z<`&&`2*`E\
M^2`0@7-_8.?[<CEHYBRB%KD]*['VGY5#!LN]%*==R,YIY7+0S,ESGZQ91\S[
MP[^+L+J<FUW,&O\J3\"44S35AJ-(F)4EML,]@\AO]!>W.9GR(O(JKP)7",R1
MED+9U&0-WC'H=F?2/?KB4&?O"UA"&IF$=>Z@A"7N>\`/(FU5@)ZOF3(F[1E6
M*-72X77)JS"C?DL00?N)`PD;*\\"W0CB?1H0\]6/Q9C?B88=*JO+6XSD@Y35
M%R^3+,]DZKKV--".P.70@)FOL&S6[!UCHE0\>Q[,[R08#9,""O#"F3#]T+*-
M@L"?$;U&"3Q`X-UH8,GV>!1X]/N:7G<*>N#P\MZRGF959/`Z@_(R$G[8+P$G
M"()Q&J#SUTDAA[OMZQPX]'6^46JJ%@)/),^CLLS1O$2$A"G!F\"3/_[.@=#?
MD;-I+P\%I7(Z]'@>TF1(R*B\OU=F&BY%(.-*]"IPY8\_="#TAQ3XM)<H@U(_
M719[):_YLF+<;4R-)I)!AZ*J!?E(:JKJ#P0<^^,:'8CKO^IR[7<Y_@[G@#U_
MZT_(U(]SZ*4M<*\:3]'/'_KC31UPO:E-EORN7-^=MATZ=)[*SKR#\5Q8@_0Q
MG+SE@R*GSD(,>8$2SF2O`W?^.%2'0H=*D5>+.7,HE=6A;\64P/5/NJN%&7E(
MPR%9_#&;_U7&K<F0@((_WMBAT!MKP7^MZ)Y>)>UPBEALI+IP/OX,\[>DR!]2
M\N]B%$*19*%!(7X1B/3'83OD]SM5X;+6T_UQUCJN#CT]H*-N4G$3#,MK:G?!
MSW!:3"^2-$U^E#UIW^E?\IDT;J8^%'#MC[=W*/3V#/BNIX*G!3<[G`H.RW"R
MY-B?PCF4NAVN-`;E\\@?S_)06&U3A^%:ZRTDJF+4W2/+[4')Z)%\)-$'+!\E
MOOU)2LI-5FIS2-\&<OWQ!X_$G3656*V5S]/FZ1VJK;T+.W6J\EPJWY*`EQW.
M>1K(\<>C.^)>T.&S5JNAI[W).U1#>\Y:G<GY2#*Z*I!1/\W#840@82G.9]?@
M.S]$90&7\9A'M?8XP((_KMP1UY4S8;I6:D][@W>HU`X]N\L@>[L*/\(1B4?9
M0Q".GI.'4GWFG:(O9LUZL4_%:Q:.PB`-B3149SPP(.*/UW<D]/I:HU!/&@N7
M^U&JOKVCNV\A_<*H*N$O6*Z;CU$"COUQL8ZXAW<,GFJ]V1_?K:%X;,__>B01
M"3("N2?/P4\HXDA]BX57<9U1^?_H#\L<58%":HP"Y/OCCQUS_3%]ENL[#I8Z
M3>^0.MOSRRZIP39]"&:B_+*-YX`$?WRQ8ZXOQF*J5KK]D=DZC!9K.B73*=0)
M_9J6O4;+FNO7/]_+ZLPB'12\!@3ZXV,=\VL^R7FL-71_6+:.JKVZ$?T)W9@F
MU#POEX@J:BW03-;C0)`_'LTQMZZ$@+=:$_=G5>MH.CRK6C2T&+Q&\RS^;'[F
M*%EC-4:@/)[XXT0="\^IU-FM]7U_MVP-X!-[_A6$1L+1O/W$39+6F4VW65:0
M45DT7VBG*KP.!/OC49UP/2H-7FO-W1]QK:-KT942BD-J0ZB\#@3[XWB=\!TO
M=5YKS?7T5`Q!)22'E]GN@G\GZ3/]2@8M5U_S?CRZI@3FL_+TLVRU*FA3H#D*
M\(K(!304%=].T8,!0TV:;8O_S&'BNP*5PJ)XVN,`OXCV`CTIM=+R%?X]T7/[
MLG>XK,,!I["\XN:#0#&BQ5D7:?%A[PJ+GU8A[59MO8V'3R0.D_0^R=4+.F^\
M`H0ABL+I`LHVGR7,VJOK[+7=:R_+H`[*U^$@@='">QQ$@RA@9HBG^,R"P6^[
MFE_=">/$8H?!]2\(5U;^"T`4@JB4!#,U#5CAJ-V&V#7D]N(_9;N>]0])-R[!
M6T`>`@M?BA];)^2,N>ISVK5*6>TF_Q$F11;-'LE[DM*O:>N7ZA!`.`(#78HL
M6]DTN?2[>JI[V^K,83D,R)<E?Q>0,P9YYV!,*P21.&\!+P@VW9:BX'NG8K;M
M=8=`(\X3IP6`-ZE2<K.Y[P$_B+Q7,>I:6KC"'X:022>R<Y@&LD:74KB.^0[E
M`U/I8!G>REJXPAT*#72^K9^V7CNWT:?\%-.*:`;RII+R66T7S6.Z%5=A-HQ*
MJYC5T)[9S9[^N[IP0HE;=+;OOV9Y&@Q%60VV/P59`2YW>-=S].@$@?9W*%C!
M\FV&%6ME_]=O3="^T2_6?UC__0J:Y&=.XA%9@+*!)\4E^'683"M7<8G0'T$:
M`DEUN<]RCE-`GHKI-$AG@_%]$@\;5P+_N+W.JHM=)615BW@X&B`4RN@?5E;H
M,/Z@E%2:7_V\KO/5;U]NR_^`5`4K-?-9NK>:'0I9HE=HOW&>!IH1S#`1GIM3
M1,R+_;:/VY.%6>M/.VO](X$<-3I5@^@N2?-),"$7P?`O,EJ>U2E9U<KC`+\(
M@A%B:?`7:%T^[;>?W:)>VKP,%6?%E*3E@E\!)N]QSWL'2$,0Q14#QSM#$O-D
MOY7I%M7%7F[$HJ6SGK[P7@+B,.YW*]#Q%$;"E+T.*@XTQE[VPM<H>0VBISPM
MACE<)[P)8^C-)54:X7N41`SM<L4`LO5&A2][_4VVKSH]>ZD-%50/Q6L4#O74
MAO$.D(;:O.EQ\QMD/-EK-^)`72QG0)27EI4TA?4X$(0@YT$,%UM)!.PTFWAX
MIQ\N$XV3**(;?!I$X7^J6GG-.YI*&<CR$8!'U#9S3YR`K,QAL[F';UIX[K*G
M03*=0K7]EG$`U6&`6]1+X+FX78$>F_:ZPCJ(%#H\WUV=]I!+WFYI9(X`,D)M
MY9\)3WS5.<1P_LL\)9A]4[SG+'D;SKD=+J%LZJK_G==:^)9DV2+A6'19NM68
M@`."Q55/:GP-;X.!WTF0G<\6AV;O<J&3\=%X$FA&8,;J(<S7[$W.FI;"7E\W
MT'28%?&0DFE83+-',B3A!]#9SR^#-)V%\>2/("ID:1#2]X$_!%%J/6GP=5N5
M7[];V7>N\?9"Y(NH#6R65"K)!S4:^>D[HE<H89AZ@ZK!R`YH25AL'J_LM7,=
M5I<=0[_')$AC,JK7&0DSZX\#]0@"]7I8\U=;#GO-(YZ]^FY`ZM!9K#/>9C=)
M6A:=A#2X^0^C?Q>554A=&A)G,LM"9RC@VBO74-PVU(#UYC'6?DILP.W0([PB
M*344(5^VD0XJX8CY#O#AE9?([BRJPF/ST&VOS1MFGT/[A$W=6A)T[1!5,2MA
MBX_6XP(>7ED\!T*+IRT.KB[F^S%S7/;D?4X#Z)JY/$N3<+/Q/-#O521%W&"7
MQU^[HV[)I2E;USFTKD_9_B@%RJPKJ>T0]^])!"+,5.Y+<=X"7A`LWUL1F$K$
MG`4.AA-.VT)W6>^SZUT&4VU/L01T[9!U+C&4J[.NF:U]Q2W?TT/D$XI1W=0V
M$4^8;W\NKL#:N-9I>2&CY%W,+J,@R\)Q."P!&8RO9??UVPSY<G#JLJK0.F'L
MI4NI(HC.4,`U`LO%@N#XNX`!'AB,%8<:8>]R(3<2\)"&8(5>D)A0ND+ZHS1=
M7WLL8`71OF(@!?:YJ"D0&`P=AUJ-SEC7G`-F@P'GB$QY`Z'IVO<2)#"L[4\4
M^[+M;%U*Y(E,RE0SE=)SHG>!1Y?E:2I2U`J7-9\%NA&%!54PYJLEBS,46M=&
M.O:2G?JCCS!+TMD323_"H4)M??8+E"@,=P-$@+&W;R$[*(JEZ#OPI^V[/&W]
M^LPIAFY-(CP50@TKO*#0'5-9V*M045V0#N$N+#4+IF2DY%T(W@+R$&Q.8O#8
M:XV<*Z^5!LW]M\ZN!I]BZ-HAEH`@\J+,(0;7=%G@CQ>&TBNI*!R%\NVRCF3'
MIT>G&*I$FDFDQ6G2Z<FYS3)1:*5[TD.GN6YSMWJ(M%U->KI:KH[#/G=+B+U#
MBX5-W647TT8V*%TKOR"P:_3DICMG%$'87X,6;:EF?=+<3!CUU/@6(P,FV$]L
M-R1H;^IL(K&_EBU$W^&IEX5DX5,,#>CTT.;K.H^__35K(:;VLA'N"P@Y\/W`
MYK(C"!7J#`,,(`@SZ\'-CB4:L&VO`BYB_73H#%^1I5=&E>EK$,:#%&[+*Q4P
MDKP-O/GDV)Z*FX"I<;N_E2U$&)W[>AN'4/#_DBU:(X;%0U(4,+4C4Y.9KOVM
M!,'^MK8(=K/[K49F2W-E:V6XK`X$3'CE:;(OI1HS;J]HLC]G4J>MPRU;3CM!
MI*!Z*&\JJHC'SW@^>NHP=-%E@N8IHI"&GC3X9H0*S_8J+?NCPR?8#&8G%ZM.
M$1G,>K+3-)S5H&B7<F58',"L::KR:&`S.:Q/M.UYC:'2;3M)"=9R+10PW'`M
MHSCQJ/S/>FFQ1_K!]*-1]N"2>JEA?CM]#\*TZA5+($EM])PLBSEAN1O[&,03
MHK`N+YY[.3BSF*E?#BO,S5Q[BGX>4T[^.BQLYW"3_@X6:",H'9Y]WX4Q%&]7
M2F1=>1;H1N"4L='D+WHL'K"H@4,_:%[#7TT-FL\"W0C\'#::`C5@\&"_3^R(
MA)4(Z`_KR--?O7PCDR"2&N6,)V&=:ZTMJE1>RZ_JKC\&]"'0"CYRFYK!8<'^
MM8F.X+9WK^:.6E_?_Y)>I&D^!@0@.$+DX,(V!QCT8TC1ZUA-["59`'[0&E=)
M498/`A$(G"H.-GQ5V>``PTW?N^#?2?I,OY(-QM!VBCI'UW\7E*EE[I&"5Z$X
M"N7;Y44L!2J5;CPKCP-R1N3DZ$E)9/KH\>^)GMN7O;V#W66KPD="C9$,@NCF
M??5:C`AL(7#:3,7!7IW;8=&!\Z<2IA*%*;7&@/GN,""[]1T(@>U@(I]6ZW&#
M]W9.*@YU;9U(N0W_&D,E`!-DV9XMF[]V)[4XE,EAT,PD:H\A*<`$8_[ZM<[=
M+FRH]DP_E<]^DR0C:H\#+"`P\TQ@9YMX)MRWNZ"/29BG9@=$W`0"2(-_I-8Q
MXXQ4DBP@>!/(]$CGUN%EZYT:SZZNPN/24:.-6)@'_92GQ3`O*)B7T]<,W+RB
MTB41W?*7@5B/=N%UD-F:JLRVJQ@W+F6U%P;_FC;ZGE=XD]$@!O3+OJ80?5BD
MFPA8T!H'6/#($5Z'GJW")@BXNA2.2YOMG?U![:Z+(()FO(_D(R0_GNG#V5L2
MB:Z;\%\"XCSRH]=!Y1FC$G9=W?/&I90.CXH@C$:7#+H5`I&72?Q!TCRD3D;U
M8T8U[Q'T[X##K_8XE-\>@J,B4SGQG7M=!%SUZD:E^CU[[MI#FKRG(<F#=/9`
MTG&23F'9N0KR@&Z,D!`;Q.([X'J#`/&>.G$]KA.GS;ZKN^&XE-B^/_=(EKKT
M05>0MR3-J6G'.K]KR.PN&9'H(LC`%H3E:%Y.^S*AZT\P(>7R0QF#-^C:-(.3
M%`7W<&NT`)2>>IL]J;>Y;11=747'-3/M.:_]T2@$)2R%%$[+,EQK0:[*`5/S
M84V&`X8\=65[7%>V!1"NNHGC4G%['FU_,DG)A$K@]OFJE6[KC`,L>.KWLJO&
MFB+0[(_\>;79WDTM0/F)T'VRS`NY_CDD9$37EF3Z'I&\O!]'=U^Z:09A#&X;
M&+HB3DR&>SDXPU#3U500;-UN`41]^O/E,^OXF5G]5K;/2TU'4*8)&8SA^X/X
M6_AW,:].)')S1>\!B7YZMF?LPJJJ'-?J^:E/)\_,RJ.R[SU45\?*L,&?8?[&
M\V!$-R(4AP#"_?0=S]@54@V8K_7W4Q]8GID51[4337](HG`X@_,-DE;-%G.@
M_3(*PBG=%H<%".2>R*I0J@X#W/KI$)ZQ:ZH:`E`K/HZSS:T48=`J6;(%.D`2
M]FSW;6<Q8BA?Z4IDO)-;/?1\J7GR>'?Q5/_L;463PR_']GP(_?H+]/,(_`,>
M+&Q]WJ0?12D+2HK+4A;&%4THW4BL[4TT^68%BP<L:N#T8III11-*-Q+[<Q--
M@1HP>,!0311+=4(*O\LNHFN$L8L<*]UAUAF*<HW!"K0@.+[B&^"!X4J[0XU`
MUVKK(0W!YJ^<XJ&TC;/98,`Y(@O/0&C\.6"$!(99L*@G_#0D,64BT:F[W'R'
M\N2RSVY-RO<X>R=#*E8R4IJZW/>`'P0GR"J8\]52QAT*#>Q"<@XMC9JNFR0E
MPR#+E592]DN4$UP5G<6(R_60R1X*)2Q>,_)W`9&=#_H_D/&FLA"RWZ)\';HL
MJ;])E=J$XKT'_"#PR]50%RBAA#^D>MA>=O;2%?_O(B;//Y+GMZ3(@GCT_(-$
M'^0YN4\^R@F]\2=I&26S`8$I!!$"5?#9L<-6K.^LKMK+.^0"^9S<41F_/;^%
M:3Z["=,L;SQRDQ1I3D@LU5P;PP/#F&Q,B6#8>FP1"`SALDZTVMX9YA49\M&>
M-7\+L*LHLN&(E*TC3+:I!'ZV[K;C'46?G0[4]<C>,6!C!1BL;G=S0)^3<A\L
MGS!9ANU\`)A&%)J2"8>MS%:A:%>\![%NV\Q#!+Q9,/>+2;&RVRDOQL9C`FNX
M?;05$8@TV)Q[#%VP.U%:>Q[<$WG/JRUO?1FPM2);^@*P[8F/=\3U\>QBT;P6
MO5/J;<_I6W>J%RBSO!351=E\4&#.$P?OB.O@M6:_>6EXI_2V`[>N0U/9VC<@
MN<43U^]([OI90@-%$^O.FNE2'ET>[E:DJ$W8YK-`-Z;U5P%CP?D%@S,4<>`V
MTK&WA)81QF\AB9O)V-)%4?`6G&IB6N88T+&7-CE/OJO-B4V':)C$HQJMNN3_
M?Q3;@"B\#>1B<F084/*<%U7>4`2+VJB3Q7L/TU>X+?([H:_`W3*%)8CW"A"&
M*2C)`(VM.!*&4)SRM-$6>R'$[T\/Q6L4#F_"&"H:E%56X0>ISHA?!"(Q!0,9
M`+(U1XDM>\<N=1N3,*8;9%YI3_7SNMY4OWVY+?\CU1S.TY!)[="*OBOB<!B^
M!]$%7=;%RY+H%>`"@4TMQIAO10M8\JZ,O,7+JCW+-8S!U2E$?N?F@T`$`L4R
M`8Z]FC'9ZZ1_E!G>L$YT0(3TCMKZHT`(@NV*BY!,NBM<=-)]IQ6T]GRE,GVW
MNA4M=ZS7GP52$/A!`I0XWC2'$7R"MK>"+ZN&#G[$9"1W85C/`TEHUG,F6ASW
M1<!,IZNWD=#M!=`N@OBOM'C/A^++7ZQ'(<D*0:A,@!%;U!P^.FG+UT;*A_8"
M%%!:+\N>J'0"^;S>?!B(01"4$.#$EC27$T==RJR:[C;/(>D3<)8VA%+M83*2
M6)3,YRE)/C5C:,+(5AX1EQVL%7:$</C%8A?%QB<NBN%?))<O8[Q7@#`D*X@(
M.*DFL)CJP":TC+P]AZ\?B:\VKCP#GT;BXDG08<M]G9%/'2HR:Z^"\:(FY07)
M4J2+/S_`*>9U!\P=L\8HV,HE4#Z0+(BZV`M43\!IN]QL'(KGL)K6'T%45(H1
M1<F/LOPY)7M!H=HRJ#8(<(HF4*<G';YJ:K&.(=%ZFP*G-@U:U58ZHE<9`KA$
MH-9&HC'5ZQ7.,21];5'6%J/A=%=[)*-B"%^5Q\(WGP9R$$3"#1#D1,BY+'9R
M*++E7=YA[:!E-H/B`K_Y`N0R>!A\8W>&D;*)(>O>CM!.6ZO=]K.9SA`HFA34
M3:T2,[0+2YC#+#/]NN.47@2;HPG&_`5KG;MV5^!0*-6Y0Q>ANXM-E"\$3H&)
M+!3",`*.O5_E*,+VCK?J6K!DI)1'QWH<"/(NEER!R#;R!4PVFTJBDL!9=RHA
M/75COP!$(5$+`69J&K#"40<+B$7([1US+K\A]?S7'P5"D,3XA4C)I+_"S2YL
M'`X/D!!U8T"BFKJ2$\5"C8%8Z2'KI5I3L\YF,K^3+HN]<^]TLH*=O8*:<+_2
M;=-O:9Z9'=2S=^&W()V0T6`\AJS/1S*$1J4S"&2+9H_@+2#/(V5;AY6S94OY
M;9[">Y&WU(E>VKL1LY%!N!3!('Y.@S@+RD.2IZI@_O`BR,+L*IAII7.JC@FL
M>13,6!<)6Z?;HM$\R_^L&G]N,532S[)B2D:/213!,>!-DI:-I$5)H.PW@"PD
MGK$)G&QM%?/:C)M\7EVT9Q70!6$(ZC(A@W$-^7,"E#QQNV%+WP,2_;0,SOD]
MWU4X7O&!/J]ZVC,.FJ"7WQ]3G*[(D+X7QI/!!U1.I'^?03VYNR3.WZH-3E%Q
M-48$MOPT#,[9'=W;8U$KNS\9_)THN[TDJ<V=[YY^*)\]1`688PLS+B\WQ.N?
MPZ@843DU;E>7.4@K5V^UC(KVGP-`/#J)7A>DJD5B#:B56,7GG4/V;E]6*]1@
M?!V1#XKUJ.'[S"FB8J$.#KFD_W]!)F$,2UVYN(DX:C,L91!#`UM3P7"WCK:`
MU+I_]*EUWZR3K8*Q1)>BVWA>>#>Y"<?Y#%:ME?6JNKRG;"PICPAL>>J7LGO4
MML>B5O;CSZWLW3BNI3B602T=A5Z^!>1YZK3R*RS)^:T5\U/'L\\M5GAJ0GY9
MI"!OL!RK4`'=%!L!5T5%E8P"Y'OJFO)+1NGS7RORYPY36ZQ@=46&*:'6VVUL
M1Z6-Q@.6/'4H^>6QVB!1J_G9YU9SJQ[C0@0W19J_D71Q,<O6"JX]+F413S4P
M?='(UW131&KU/__4ZF^QF)F2(_^44]W+P)7OCT8AB".([,1,^",#FYXZD?P:
M:G8PJ2?!YSX%/;3G3-[&U89<;\S/21FV@CR(^LL"PA7>!G(]=2X/N<ZE.M]U
MS<_/?2YJL3-[M8XDXV&U:5*DHCR)*"'C),W*Y6-(11$LEH^IVF*M.R`PY:EU
MSN_&W@J*6M-W(OG4GI']-:4?G7]CGE09DFP0?X_?@["D2+C"JKP.QQ5^FLQG
M[)O[FHPW[_%_WB767ASO\@TN(-_&#=C'_6%>!!$E"$@84OOM(9B5UT(?203F
MW'-R&U.+;A*^1N0N2?,)]76$=_!L?0-8]S0&>,B-`=I&IUZ;/W7"RIG+TI,/
M210.9V])1`5Q06(R#G.@_3(*PFE&S4G8<4?WW"-)W6&`6S]=R#-Q@4I-`)H5
M*S^OWCNLZ'&=Y>$4EJ=%.Z[EFB;1==&KP)6?YO>9N/:'`M/-<B!Z.DV'>4UV
M1:LM]IQ:8/VMM#E+O"5W*WFO`&&>*B:_%Y6$V69?DT^[R)KU4;!4X6;X1D9%
M1`;C4E)D5+5`#(-H\$HMPJKIZI]A_G9)_Q;F5R0'1S\M?S]_XY*Z\FE0FIBU
M73DH\BP/8DCH?$C#N.Q[)UFRMT<(K(6>^KSL5A'.(.RD7XVC.>BPRM2W,'@-
MHQ"N#*25-;HP2S=HE\PBG:&`:S_=WS-Q'2H#$#YQ7P7*BL7X#Z"\P%]>3&GM
M82#&(Y5L`LB)QO!87+D'A`;\LZXT0:6DTL;C0!`2;>"BI2+V%6ZZJ5]E`VJ;
MC7BKN1,L9HJTAA7O%2`,B5,DP(VM!1*>NFC:%&;SRU,JR]?CW<53_?-]D((A
M^$'ZKUEI`8IR$NU]Y>7@_,A>6LYV-TY*.I(XJ7V!B!5:%1N6AO_KMR9(U*C[
MJ_[#^N]7T",_<Q*/EE<S-_"C]`6_#I-I9969(%+'RA:84`<I"*-_>%/0^/#`
M8D?&<ECI7M)XBGX>@UO-@X6MT9OT=[`J&T'I\,#I+HS#:3$5[MG,9X%N)$OB
M)II\?Y'%`Q8U<%@R\B[XJ:X&S6>!;B1Y>YMH"M2`P4.[OMNL+@DC$E8BH#^L
M(T]_]?*-3(+H6E:#D_$DK'.MM465RNJS0F5>?PSH0Z`5?.0V-8/#@KV&1AW#
M;<^;AX;E@W%_2@VD8?!$\CPJ"[U#,/DFB..0W`5$J7N[VB!`/`+/GX,IVY30
MYLX;-;(7&%B4^5@!BYKG-U$PR?(@5>D,KS("D(T@;,!!DZU`>JS9VYDPML>@
MNZ_+MA\5*4IMX5:>!;H1K%LZ&`N.$QF<8>CEUTHZ]M:RFS#-<CH[G\@PB4??
M0A(_3E_E@4[1:T`@@E5+!!Y[Z5)@"L5ZU49S[(565E':3+TM:TY(%4ECE)?#
M0PQ9_B)HV7JESV.[/N/.U>S08L5<@(S.R=\)?04.P!5.87BO`&$(`CLBT#CQ
M/3%#[1)8$&B+O=N<C:E&LG!$OQ+"!=IJGET$P[\(K.Y%6G:VZ"_;MNJL4P8#
M`Y,(H@8B`4B7+G.V_6]Z<VA6ZG/+D;-#G^IO-I%EQZS8_.V",CG,E#4XCSOT
MJ81E$V.^4[C.G:,44)M*959,$GT$Y="G:I)-60@B$@H<M_,S42BDQ7Q,-^G4
ME`4$43`3V-FVG`GW[1Q13,+\<N9PU[T>C\D0DG%NXV$R)<_!3Z@F#LDZ\3",
MPDJ?\AM"P0ZBLL<D)62V\K!D&;7P!8K1N4<[_;IL^0NN/6R:=H(7"?9=3*1S
M>\$=T67/LB/%0@C"6@HZPP`#'ID4Z\!S#MWT`=A?#`<@.NJF1,&?Q.%_R&@A
MF*4\H*A%5-UB>PO?GY-+^D,2A:.JA$5.5Z`WJCW5!?_L^N^"NK\"CKO\+`"$
M(&IE*ECV5-D"8/LVD0!$-V6U.:<GBC.$\S:0ZY&IOPZS7-'%?.^;/`(0]L[4
MGXKI8/R0)J_5)1O8@[,LG,2P;O2CZ(F*)4C#1$2]ZA!`N$=!WW7`.8<.>LR;
MEP/9)?6U=[!?5V,.L[]N4D+`_:'X)\,0=CY(!/P>4\"C61A/&D6:RY#J/`==
MP%?[P2FS&&YHF`J)K?+68-F7`@0@['FH;0139>)W-!FJP8%93[U9]FT6J[#L
M.P8#$/9\W+JN2E6%8A!SS,K;>$C>023/R14565V4#BA>:3HNO-AO^5,`A*>^
M+/N^3X<@[5L9ETC8<V#[DTE*)M#_<[P(-#PD>95-(RT'J#$"D.VI(\O.XM;G
M?=^:N$3"HC>[N`1$L2;A!QG=)"GTQ:6P?BT"NGSDLX<BAV2P:AT29M%IC@6L
M>.K?\O/,35'8=PPND;"9PKXNB(O9FAQNJ!ZLW&2BHC+7=OWA7PX/,"2]FPI*
M=0(8`[/O)%PB8<_A[4^3(L[A;.2]2(=O`7SP[X)D5%19$GW`"<E&M759"-YX
M3&#-3_?V@)_-WQ:-?3_A$@E[;NWZTA-\)&5UW\>"OCD9Q!<I"89O@W'M5%'!
M-710J/CM1@8V_71:#_A7"NQ@LF_Y6B)AST>EPP^#]^7.7*U2#R1])NGTZ8T(
MF\7+7P9B_?1,#_@9E<IL[SNWED#:<THKY.?._XPBOBR5MDBOENJK^'4@V$_7
M\X!]IT:3\7V[U1)*>]XFV'!+F^\RF4[#\NMB<CGO4-)\NI:S#BE;.V7<[OLL
M`!`.+_KH5^1_)'#'E!IV?Y)P\D:]FCZTSIB0^NBBZK@H26[OZK.`IJ?NI?B*
M4<>`U5O#I\YP/#BPV8387O\=2IBG/N.!H-VPD%E4?0^L%.WMJ'XU]SM0CLO7
M"M:4="2+>!<BX5E*>NCX4L.Z?J9_W8<;6V$^0U+'^H\@#0'/VY@N&23+KZ$N
M`17;Q>PR"K(L'(?#$J[!^%I6NZ'-D"^'1Z<.[S&N$\9D05R:T60HRO49`F?'
M@N#X)IL!'AC*V#G4"(=^$)NTAS2<!NFLZLI*S>YTIE1U6F\PX!S!=M=":/PY
M8(0$AEG080&,HS.'Q=-;5/4Z.D/@A>A@S%=+%F<HM*Z-="R>'-FLT'>$H5>6
M"#1.7%W,D/?:8B\*;EHH5%(V\PA#Z0H1?+S`AIPKS\L['EELR8:VO.,1AO9N
M(@&PU<\*VY[71#ZR&/@J*T@KPJE68UMK,&`&D6_``IJMA\:LHBB47!N7@W<"
MH:IX,H]=46+G$.BX`>)1@&_W#@&#1IVIQWT=N,/H-BC)1.I`R-A&9"5V*6![
MGL?WIX?B-0J'U3DG69P229=6\8M`)#XO1(8I>V55XM1Y#U?1,QL'`=;/QHR^
M_G)X>&+O`'C+)V:')PA6V>T*JO4Y6HF9_]6GCTYMY@Q_A.1'63%1%.ED/0J$
M(%AC3<#C1(#8##9K@:%`W6*=H^;H\HZ@&P\#,0B\9@%.<DFO<-)%M]7V$%ML
MIER.3T;R\.[*@Y0(+`5[N`B))+W&QRYL`:V[6?CC+9\B66)TY2/P)K5X;Q;W
M\U1=3QQFO'1YLGN*9%74E86":@HX]K^UP=&IQ?IB\_P),E(RZ%B/`T$(HKXF
M(+*W70&3'31JL2,!FR7GUKX@M?O8+P!12-1"@)F:!JQPU($!9A%RB]761LE#
MDN;C)`H3J<F]^3`0@R3*(T2+HP$\?E#E^EO4FRXR+*K[='6&N4:*!>O%E\-C
M+)5HA"BR]4F)MPZZW5C4$'MQN^4WY.O*VJ-`")*XG1`IV;ZRPDT')JE%N=L+
MV,VO!=YF64&R*P(UM:'03#];?OQ;F.4*"X7&.,`"$A]<B#%OW=!GU?]N@D>G
M#G,,$%VU06(_Z4J.[Z"W`,)1*SBK@23O6Q(>G2#9?'5A9Z^N)MPWVSWX+<Q#
MBS?(%T5RJ>-4DQ$L/BJ@6?PB$.G1(K@.+EOKE%A&Y6<Z4U!["^9U%$[#N%2:
M9!Q1`H)X%`6P"95?#3+Z4Q'ER7BXZ+,5QI./4+3V&X\)K'FTD*Z+A*W6;='8
M5]<!(.S%81KR&(R7ZTR=KY0]EN(8C"^;XOA#5>&UAJ2,'2*)W9@(1*KO)F#L
M&V`"$!9[N?X<DBRK'8O+('N[B9(?&11RKI/W_R,MF*H^"!"/Y'C#!'2.2NNR
MOV\U"4#8S<,EW(\_!+/R-/N>E.6;PSJ96L*+_H#`E*=F]Z$PU]88BGV/2@#"
MGCE^&P]3$F3DBE3_O8UY-;86U<@?@G!4R5`8&FXQ+K#HJ5E^R#7+;2"R;W$)
M0%@M'UP.?Y.D\,$A1?VFR(N4E+TEZJ5(F.&J,@`0C>3HPP1LMCYKL;YO1PE`
MV/,IOZ;EDE%^8WF(/8B_Q^\JJ[/*ZY3@(T]]Q4.NKZC!^+YI)`!ASR^\+^!H
M%'J0-TY2Z\QZJ$8+\J"8CY0:X1F,!NQXZBD><3U%<QSVW1U+).SYC+4HFITT
MZ[Y6$'L*1Z2JL4SIHPY^5%"I@$</B4@W8;0J-D9C0VI`TG<@S3_*`X6IL14Z
M`$)//=0CKH?J`L%]O\I2)D:>K9U\DT65]'E+(K*\)5]7/\]*V_9;&+R&49C/
MUFJDUXVJX3(S-("!AM62A)1.O@DX>NH^'S'=YVV@M6^J6>)OS[=^3O(@6C3J
M70A*R;J3O@ND>NI1'W$]:E6N][TN`8ECF]%^JQUY#H\]M8B.!3%[,;?[-GPE
M$MO)*[Q,HHA45NGZ*0E]12%JV7YP8-93$^/8*`M1"Y9]F[\2"7OASLNW()Y0
M8Z\1LAOWAWD11*4'5D6?:R$PVN;6-02%%SIM?0-*!'D:.#WF!DYMHU-/D<\=
M7CVV9VZ+3]67(N$*S3AY06%L8-53<_V8:Z[;0F7?8+/,[W-8B^8AB<+A["V)
MJ""J]A(YT%Z&$B!85X!`[KF=CW6'`6X]G0T'PHHTF@`T[\=]6KT_<EC4QB`Z
MH_(JK&N>&D!'PK(V"DS7B_GG3B<^MG=L;+4EYN&QIP?`Q]P#8`FS+5JTTH%>
M$Q<::?6JIST+>_5D05X>:.UA(,:C7;\)(,<EY+'836&>=M@??[%:F*DQODI%
MAXW'@2`D2Q$7+16IKW#3N=R-H798Q6#SS%*I&2#O->`&R>F"`&R=(]P5OM"J
MT('-KLB<LQ1IO17)FT`FRD5E!47-`Z85UCJHHFUIA;%_\K.\B:Z@%^Q7@#`D
MIS0"W,2',1R>NBG59$,3;!9P8YOV:G69N"_"7$+BG@LPU/-V5CCKIGR;#=VP
M>7.%G;RN4)-=]"(0B<1)$6#(U@TESE@UN?[UVWJC^_H/Z[]?X9W\S$D\(@L6
M-KBG1`6_#I-IY4[KM3AY&KZ141&1ZD:[X)CABN1!&/UC]\IB'YM5:7+>1_`8
M0VDF'8SYQCJ+,T3-R<RD\PFZD!YC"#2)!,!>P*VP[:I>$P+-MF=Y.N]?>HRA
M)X((:+8&&[/JJN:2>ZVUV$-AD+^1=-5<XEA-4IW5'0H801!Z$8',UEA#1KT[
MNK=XIG1LUCD/O\'M82.^8W8C/AV._>_C=6Q6I1E3QL"QAR66C]DEEDVY=]0/
MJ0MA6JQGBSRM]=C3JKC'_*JXME#9%\X%(&PVV57(O%<+_/+?!Y(]L@+6H98&
MAJ6<[XO?`A"VKR74N;]E^1V]DHG\5X%0!'$N4X!%JZ^4Z1;^%UPRWA$U=9@Z
MW1#)99+E53BR7F;D5P5DKU/N/"W4?,PNU*S)N$%1YEZEWW%9T7^T&QIN5I;9
MTTLQQY[6<3YFUW$V!*!%)6?[*WM'9];]UZPLUB*8*1U_&:+XVPV:V(SWG"!Q
M.K<C)/,02Q,O5I@/=^+'9JILM5N6_O=:=HQA$@@&;3ZQ>%GHJ:`#AU%4FA<4
MIDD"9H7DN@#_)2#.HSVI"2CGA%W&:@?!\`YD8F_E9G]'FM\G>@T(1+(^2U'4
MT9(5[K:F)ZU%8;%;;E!4VT&6?TM^R#OF,AX'@I"$UQ1P8VN'@"]_M,+BK<`E
M''=D%!93'<5HO@%D(0EG*:`GU0T&:QV<<'6D'A8K%RT1^3V<O.DHQ_)Y2A*6
MBD(*R$E58X.Q#AHE=Z,8)U8OD>JTVF:WF3XY06*>*N#&40L^7_XW&CXQ*^Z!
M*01YXE,ECR;LYE&#=>YW*#'CU)[=4]=(+\.;:KT:ZD>!$"26C@F`;,WB,+G/
M@@`@'![4+>-I\Q89B[#:X#4*)U471:C3?TG_%N97A.(>)E5Y_UJFB^+B97N-
M$65]4.19'L10PU^6=-GU]RF^9QZMT>MZP3\XV19R^Y0/`,+A2:.^>!\)&)94
MA&OU_6MQ/\"C(\G,[.JS@"82L]Q$"_@3LF/`O+M3T,D\=%BJILV".W^C%FP1
M1'5BW7:V2J7O`[Y(0O,F>M'-5JF#7(ONN[N3=G;F\OI/"T$_TC>K"O:#<9E8
MN'J&?$_RNBU.A_-4G0A`&LE9B8F&=#-9M>';=[$$(!S6EF[EQ9!\5;Y=^IKK
MWP+</(W2G`FK5'>!4IMFFCNT,WH:YUE<$VTD73TD60A_^QZ3((W)Z"$ET["8
M/I(/$A>RMG[;)88B?^YI!.BLLPB0,8S[1IP@F'.'\:#.O9F'-*3#O0>1:X=T
M00@@[FG,Z%P8,]HZA`8W1US7.^]D_NYR'.DVIF^0K$L_58L.P-O3N-*YV[C2
M&H+FEU]V:_)Z&F%B1"0ZG**,KP%VGL:,SCN+&?%QFD^W3]VF\OC<T^"0)!18
M_NHAR4E9A$ZYKY,#BD`&G@::SCL+-+7#<CZQ<704W,+]MPXOE!I0`1F(=BMH
M;#5G%<E<W+[`S%-&F]CY=]'TH:+ACR`JZ+^>W\A#FKS.(:H3-VZ*G(Y;PE>;
M\2NE&WR^@7IJ5DA$DM8/`<A"=L^1]3@ER*?:'TT0V3-(P&0W;3QL2*"+FQ[5
M%U2Z1S!>`**0A`@%F*EIP`I'W?1\L@6YO;O&RV]HW/:I;\2<'B(),`F1DDE_
MA1O_"Z^>6BZ4YL#]/?6IA%H3=G-C;9W[#FX?NKJL95;3!GDSZ1,LY6Y,I,&/
M#B@P;7`S80>KH)V8-0)BLQ`0@X;2@K>`/#\CSB?LWC]J_!KDZN^D9MK;_ZWV
M.3_!T`#(%%"V3DJ8;5TP\GEGTO!.S!H!6:^+2H5$P@^0T:+,X461WR?Y(WE/
MTCH8)[,-]`>D"&#H'F0J.;[%8`Q%BYJ2.W/.=V*QT="J(.J5J-EU<K.HH8`3
MD^&`(231(!-!L-?X%D"TN)FT0RKNT/UC+TX/BRZL<I/&8"3@V5/GD-T\QAR#
M?2X'`.$P<8HMLLL@(Q=!)NW-)7D;>//4S11WZ%+CNT4^P^Z8]6;%>^PH]^+(
M_"9)*]-R4<)\@W:)INL,!5Q[ZLFR*P6U`,&[2D(V#UH.+99Q74T!D9X.KST,
MQ'BT$C<!Y)[.L5GLYERV+?86*[>NEE!7."+>>!P(0K(^<=%2D?H*-YW+W1AJ
MN]44ZRFR^C7IV;SL54KH$9+PDP!'_O&I`F]H->3(7HSG6[!80^4JL?XLD((D
M.B-`BGOXPV2FFU0M&T*WW\A%1_:<5X`P)*$)`6[\94#`4P<)$Y8TP9Z5R#MN
MDNJ#^$4@$HGU*,!0[P1NA;,.BC;;26LVR&GN\%:!-=H@A\EB>L2V\^>0S`4L
M8A0OQZJ(NKN!H(?>93)]#^)9]D3AH"^%)'Z\NWBBCY>2**\X?8]'\WI6&W<W
MXA'C_M,%&2<I>7XCUU$X#>.2J<&X/X41EJVK+Y,X2Z)P!/_ZX_;:^/*"G=C:
M'T$:@O3JN]#7E*<<>)G5B;/#.1_E7T1N<YLAJ?*XK).U3AB3!;%E8#(4<(W`
M@[<@.'ZPT0"/=AZ>]QIA+]!PG\0\F4I-2>F[E%0,A9]:H,S>\%09_]Q:ZK)$
M$YNTAS2<!NFLZG([#.F/0ATW&PPX1Q!;:2$T_DIMA(2C_B0V_0"S@B=*5[_,
MKO_Y5$6D"2(WV,]C<@N7[PPE8/6@Q])M0"QU*@28J6G`"D>H+V">V[/%YE4X
MRE8@U.?+PDD,'F`_T^S%IC4.9:&'P$:38BR(^6FRBEJ=>A9/B)(@O@DC2,;[
M",D/,H)2+HR8A,(1@LY`P`0"^T>*,B^69<#K#E@X/8>IN7@"3#TD)V*ZDM.T
MV-6`V`&M-JLRBBFK\M2GPIU-V,V/"M:YWYW[[Z<6RV[5'>16+*!ZTQ(%[43O
M`8E(7`@3:#G1.@6.O4M>[40[/6V/X&U-]5.?FA>O:PK?YM@ZA/L.F0#$+G=$
MP%=1_?08B9-KHB<.Y^X:@ONFF@"$I\T0$-13/SWVR#]:EWDWTY"/T[[W2`6]
MI^T+=JBB^NFQ1P>8Z[K3S;1MAR6RSB2F":N,E,OI:V8AY7(EWW(EO[+;1&JW
M#$$6D[_9UUC:ZWHM>_,X;%,,_A6-%SV]N$/H<U7X,[-P'29+[,RG^%<3=BN'
M&V?KH2N_A7G:L[O3U+$#J$`1T#D+9E/]60G5HE>!4"3[B@G`?,U38'H?)P4@
M'%XBV>S]LKBT6$?-ULS^IW`2EX?T<0[F1!*7X;3QY5L03TA_.$Q)905<S<T(
MB;/7/0&`L*='B#WA+96M0;</B0(0#L\B+4OZ>CPFP[S^UVU<B_N16NS;G:XB
M2J@]\L4C:VQ=5[8V;Q4P-`^S[LX$/OMB+Y'5L@1OXWZ6%=/W,M8FX+C+SP)`
M?IX?EH)E6Z%;`&Q?*1J`<'A<>!M3LX6Z%U>D^N]M_#TF01J3T4-*IF$AK9<N
M'P`X]/-0KY0,?R=29MV@6/0.=J\X^^+PG&Y35@K4:ZN^PIB`@Y_QBE)^.K-!
M'8U],6D`PEXRL>6=>Y"_"2\4=?$Y`,3/N$,IR*U85$V@4+7@=C:%'$89G)6L
M/COPT\\OI<7?3PQ`,,_Z?X>\#;A5F.:[,1,.'&8/.YP)GOK@!\(<7@,0YC.A
M9SH3KF,'/H?-PW2S['G>9?!V1<3/?$HM;P+(-F*X+&(LX'YFEHNM0(QAT=@S
M+`G.7+14I+["#=;RW&=FB<'"]<M*I>8S+-FR`MS$*3$<GCK0A$[SQ3I,%-7Z
M/J0A;;>UN]7$-21^^C9%)9X>JJCYEX;)*\H-%FD9D\ANXV5Z:[.5HGEVIJ6;
M&A0X`KQ=%!DUO;/LB4RJ`LGR\B/"=U\.S\U"=Y;XJDA1JOBX\BS0C6#FZF#,
M]Y%8G&$HU]E*.I9+D1E.6^,6!.J#4V8Q!+%$@F`O^-98Q^@[G9L%D;HSZ,^Q
MQ'>X:.GX3N<'V_"9C:&VYS=WUMOD_`"E+[V"H=ZZL<(97MVPYU<;;SKR516U
MCWW.;[^AQ%D']TQ<N`0=.N`VR(*]?UOW+6M*VGGF*Z,`^4AF`0(IFKCL+#@[
M6)9=:,:!R^I@'?KBAP@<"3-I"+Q;!9YW12VW%0>M/_RM]>G[QDC`!H+(BAGX
M;9;)=02V7NJS4Z&>'5OL$9!$$:G*@ZQ>\)14>5%Z%TCU2O_60>:XT8I\&]S7
M<9=NW;'&.@LACE<LL>7E2"4-M_XM"L6)5W;!NA"MA!^5<?+H6DZW\^?$7@2T
MC:PTKIIV\2D``DGDU4R$]F>/`":#VSX[.GFZ#R'KB$KMEJCE+P$,2(+49@+L
M;NILHN31-:".9X[-QO+,:UE\.H1S0W,L8`5)`-),"#SM-\/!HSLZ'>NW/4>Z
MS4HDN]?6>FQ@U5M'_(3KB-O"Q?R6PJ[-A^[==`,UIX2=>NLTGV@[S7-VO;M$
MUJUJGG;O`1NJIK<>Z:FV1SIGMU;-+YY<Z^I8,^VYEV7MWOGA,^\T64"[RNM`
ML+>.X"G7$=1@W;Q:Y6XNK/9\O"VIK[>>W"G7D]-@O5Y\C0V#W5I\<7AP'3EO
MP*"W?MMI)W[;'!+S8J:[N8CC.%_M;AJ<>>L`GG9R:CJ'I-X,C(T91YN!W5RM
M0T1%%LX/O?('FQ!RLEUX3+)2OW%?&GU.\B"ZSO)P"MDU2Q!N*'BW,8G"24C1
M6+95N4O2?!),Z%>"V&Y/C_9J9C%49^<R!I80'1<M%?5>X0;MO1>KL;!:[5>4
M7>%*E.`](!')*BA`D+<IRQG;D11GBX$KA[;ON5_AK";X;`TT0V#K#7^Z%>JA
M/=U<;/@+>WOYR4;RX4V14X.BD=LKX,=T2&#,*VU=%PE;8UO"X5'[H(Z5WEXH
M5B02S2Q.W:&`$5]#M*4(])5<`(-'77<Z5FY[D5JA*%HOX&L+E*_QUQ)P`U7>
MX'Y_C64)J3VG6V4Y4<L4UAR)LG&$Q%4W$X#Y\KR)POZ"R1S8(WLAA4U)S*/9
MLC1'\8M`))*@@AF\JGK+8'I_E:/&T6&+(M$*PV%2Y57@REN?\$C8F$B![7V6
MXRJ>#EL3=:C?WKJ#1\)60PILFU\EVJ'S68LI9NT/SOQ*'VM"J'$^>XJK"':K
M@]<.:W-9H0N.%[==+,;N_,1R-PB#&-N<R33Q]*^D]K+2>`0P/B>/9$I&81#U
M%[5.RGV.C`:O%-*25KM9$2KT6BP8?WYNS^E5^6Q[DW&C8\_YN1<N\2;L)M.,
MS?W6#SZ[$Z99,K,=Z_\AB<+A["V)*)H7)";C,`?:J_9.M_&P`,.U3%.7^`+J
M`P''2'8>$TGQ_0)M",R]8$=-$ZVNPEUU1C+Q#LZ]",5L`JCA&YQOHZ2S$?9=
MN8FF>7;G2%Q%+EHJ4E_A!FU*X[D]#TK%;%4HZZTZ"!"/9!<38,O6%&TN$<44
MC-R5#F,)K>BA\)[9.UO>^@Z.Y#S9I>C,'9HFBABB!C=!F/X11`4%9M$GG+*?
MIT59ZOD^2%/ZQ0_BMHW6@LI^EI'2O*X7OA!:%`25N.#^%+6VPWA"'[A/XK3^
MYT60A<(Y8/T[+X<]LWB#9;PNDWA(H,?[O.9FF/VUE'WIWR@4/]<<#7A'$*CH
M2J9\3]`,)PP-PYSKB\.3?@UJE1JJ:8\'_"-P1-M)S\JL6,'#LWG1G6[8<Y0O
MKI_AZ^5'[Y(1B:2>$><-(`N!N]P65K89)^9YKY9S_.SY\%<AW6WSAS0<$C6M
M9+\`1"'PS=N"RE9*(<OM3D4^KXENYH7CP4MV+-7)MT#G$(0`NM('!4/&(HJ[
M,G,=:>+YN;TXV@-)89D.)G4#.#*ZI/\?YE<D#3_*($A6DOX]+D_Z\G(=%NQ2
M9@-2IGH[-KW6!<;>X5K!Y>I,=3\#>_;2:O0T8-TBHH1>%4%T1<9!$5F>G`K?
M`BAV+.JU+F8;\U8=25<7Q?=3NF<O1Z.I'$]4\$GZ]$Z&X3@</J=!G`75D4M)
M_.A[!L3H[:M:8P)K&`-M%L4FGZ(FB+FZUKZ?BCU[P;^F$G#$?IFD[TD:Y.2)
M2CD8*<Y!M<&`&8PA0XN"DD\^+:@,KN+O9YT=8=J+;2I(OQ+Z!8F';],@_0ON
M,=PE6?Y((O(1Q'GUYZ>DH`.UFY$:'P(0,,92+0K8>+;JP^BJ\,!^)O>ZB0]Q
M-.//(!U7@A]1P@;I(YTK\22K?E4Y139V5N7/O!SVONQP+*FG%$NR!**KJ@R?
M?@[WOCA,I%K&,"IF&IST\P6C]X278ZH]#O"[NV&D4I;\$Q9=E%RU[MS/R2\6
MN^Q.W^GJ/!C3[]%E>YRDT[*V0IC]-8CG\<2E7BSRW04[J-F`P-3N!H=*@;'W
MRE9PN6HNNI^!7^Q%AOKO[VGRL[Q/WS2<OI$/$AW-R5TNO[=Q>0._^GU->./O
M@IEI]T,`PNY&E$H!LV=L)S"Z:HNZG\E?[$6;A)K!MJ;FZL%@P<*<;O%)`&9W
M(U"ET`UF=WM`6[3SW$_TEC*W%XPJ@QI4=-EMG">E:CS3IT7SE/,&)>M@=T-$
M)>3L:2;&HT7?Q?TL:2>R`WL)10L9#XI\OH(J3Y.U5X"P'8[+''#3>R2`M.A)
MMY\H+65F+P;#6`Q_)'J;R8\$2-KA",H!-X(B0J.>'_O<F>W/#WL1$M8BJ#9!
M5EX`HG8X8G'`C5@(X:BGR#[19?M3Q%[H8641A!/5A:0'L;)?LOX>D+C#08`#
M;A!`!95ZWNS32K8_;^QY\O<D_TZ_%$3A?TA9.F91ET;?Q]<>B[)RN,/>_P'7
M^S=%JIYS^S20K<\YBWV_5Z3_-0ACAOC50P8&HP$[.QQ-X/<7-\>JGGG[9(_M
MSSQ[@0:%===PXBD-!LSL<(B"W[35&*IZVNTS/+8_[>S%+Z@M0ZB:EZU*!_%3
MD;Y'17:?Y-Q>/^*7@+@=CF/PV\)*(:FGR];3*"355A<0S>&`XHZ+VHY:=5*5
M1H):&@[+VWM9BP9!G,-<TIO3I2N,/"B:^C]%$.=A7N)T&Y<9E?#]1S()TA'E
MZ?F-/(63&.[?T@>_Q\DKU(8%'F_C]R*'"K27),VI=2S"K)':,8C[CRN`N:W6
M^@@M+17J1"Z>>SDZL'B850XK+4W>>`H^C\@J7(>%O15MTM]!N6XC*!UV-?R3
MA),W:M;V/T@:3(BPD)SP'>`#@87#1I>_V(IX:5[B=ZD>#NV"NS`.I\5422U6
MG@6ZD>S/FVCRU8'%`Y95PF'IO;O@I[H:-)^E=&,(E[/1%*@!@P<,A>?^"-*P
MLGHJK^H:K"9JX5S,+J,@RTK[J*J96?Y%U&:FS9`O1U_,K@G;06&=,"8+XE8K
M)D-1/<!T-[B%X/B*;X`'AO*^#C7"WAG+1@TP:55?SAM`%J*S$@-$V0:\F%T,
MZ[-#/738#X!-VD,:3H-T5C7XH_Y^.E,R'_0&`\X1.:(&0N.OQ49(V%N-,S+\
M=9)\_!;&=*;EE394/Z_K0?7;E]OR/Q#/$9@=S&=A6VI=LJ`%O<()R7D::$:P
MR(KPW%0M,2\H=,=4%O:B87=%E(=5T;_+JX%T$V8]#@0A6);$<+$W60$[]G98
M!_IA[VAPD+^1=/."?ZA@L,E>!4(1!-'$,++U1I&U=C$UQSKD,!!WF4RG)(5C
MD[LDS2?!A%P$P[_(Z`E.,>3*ISL,<(L@?">6A<"-U6,3@PO;'PZ3`OH'PMGX
MMR2(X1!K?E863Q[)D(3E@=?%;/GS,R5*(<339F@P*QT>3ZP2I.0XL5X!+A"L
MJQ8%PM=]`?\8]-RB1.U=Q6"[6J5XI'NZ]%T@%<%:JH`F>V=79=#>UHY"NQP&
MN,LE84F7TL[.?`<..A"%K`50\]<S$6.[M:!9O,</H#V2]R(=O@49`7,H+.TG
M^7(F>1/(1!#V4$"2O9BIL=?.TS7(+)0E0-G.?EI-?FJ=SHB#?&K-FW6WZB2'
MDI&I5U*[`0#]<T(-OR@L,3/(HFSS)?"`$.P0GJD8?[>R+QH,>YRGJGU@=@,.
M$V;?S*Y2M/T:8(=HF[>O%5W/X'4DFX67]QII@N-ASV+K2M8.4R:(+0L("HPA
MA;<IN1CVU6Z%P3:QU='9J1Z4WDTGBWTHN2*_2J(H2$5WYF2O`J$[MQ.MBT%S
M(JU"LU-M'_V;1?82#Q;$+3VAM>L)M_'_$L7I)!L#2$>0HM"M8"3S2A&CG6KF
MZ-\$<WC\R%J!_PSSM\T(PRK]:\$#@$)4%;RKSP%ZB(X]N]$-!4_.+IP[U672
MO^4`PRUY387*5KE=M(3I<DT0?A-P1'0DW8V6V%\85##=J<Z5_@1Z'5Y_P)NY
MA;ARDP5Y\^>W!=CVIRXMA./08D=S0_8`<;TG"_+E3[X6<&&XPN?MI+.7#;GQ
M1<$DX3X/).V<B=D$FQU;$F'103T1:Z*R=[2V\0EIG0O.&Y2L(P1':#+8%/5@
MA:<.2HI8A=W>R5#=*W51]>MK$:0!W1K$6:TJKP*A"$Z&Y%"R-421/>RJ8K$*
M&5UJ/T@Z@U*1\CQ5QM-`#@*/1PX86R'X''60CFI5!^S=K;Q(23!\`P2D"K#^
M*!""P.260\66/H>=;=@,;41OS^J\3^+WU6[:4A7@O0*$(;`]Y="Q54'"5O/\
M`:-*V#,EUTYEOX5C^;+`?8>2=HS5G%P!CZT4,KZ:<6>$6G%LL4Z2]'+O$Y5K
M,%*HGZ0W$K"!WN`\YI=/,N)VKE>G6/7*GOT)V2`0-B:CRR![NXF2'W(-XKX#
MI*&W18^YMJB,K]U)9]Y^I.ZX=7A\JZ69#HX16-7=26)3_T4XM+.]/KG>.\S<
M,"FP?HS`A>A.$OP#G'4,VEF6GUSG'=Y'!2XJ8LCP+0[_+E0F`/LERLD)`M^I
M.QF)CC,%@+0SCE&*V>&-R4VBE*HI\%X#;A"X:TJ0Z^C?"G<8\E0ZD)L]K^Y_
MBH1Z,7=!^A?)'])P2++^Z-]%1G]WDZ2;9R_90YI\A"/H\_9'2`:O43BI4O^D
MKJ#=#P$("/Q'15FQG<A.$/'[SF`'4\7>X<NFTV\0_U@*"Y';*,%/-0:RPIO?
MU^XZ4$1[1T&;"\=@3)>$>>T.I37$8+DV_`:PCLA3E$A(=:5N!X;?-^8ZF!OV
MSL0J44U+4;V7HDK&'R'U@$!4P5Q4XR0=UZ*:+$3U/A<5'"PV7\_":0CWB=5*
MR6Z7"`K>*2+/4R)CT>S:(EI^WU"S/_U.[1T^7EP_+SYTEXQ(),]38;\!9*'V
M3E?08RNVF#7SFU`?)'U-=E$/;1Y6IF18[=5J:LA^`8CRP\T\%9Q5"CC#&:%K
MK4@6,^Y('L2C41%$(S(.BBC_J#\[!3#EMH#:`$"T'P[A*3]%3X?3Y@EY^ST8
M6;_FRV3Z'L2SS+":HMMFRVBNB!U]RB:*Q_XW43RRV43Q^-,W43PV:Z*X`\WK
MCOWMTWC,[M/8"@D,L^`N^'>2PF7P;#"^(J\YW=RN_RXH[<LT284-07$4NI28
M9=!OC5>EZ:X\#O"+*%:J)R6^LNOR[XF>6Y>]Q63=LMW83?@3HM8Y?&>VS-=3
M[,,F?AO(1>09Z\+,]F#4^<;0S,6)BCHT14IORJBMF^!-X`F1D:$K"_ZB*^<9
M0SD))UNL0[>R57="6;.^(PP7N$PE(C`?5-C&8#,\#=_(J(@@*+2,#ST1BEF0
MD[KHTL6L1.:2_FJ2I+/!6.GR@<U/4&_BP&$]L+8LU+]36A?L?@R00V3T6%0&
M_NSK!,%=F*V.]="A7UR:R=^2>/),TJFJ7Z'V,G"&R`/N1&S\N::$#0:SS?.Y
M8R_=:-G1N[YK(3MG9KY`B3I$9+MU@CCG=%J$!P8OVV]5=]GAJQ+H[R2"U,BG
M0+%1*^<MX`61G]Z)H"3./!<4#+=N/9\F%F\)+!:TE4-_Y6UAXRT@#U%J2"?8
MR_8&'B@8TI<\UWSG?H3B+!&_!)SLLM_`KJBJA`F&6B2>SQ%[_D)#2&]T-Q\G
M:28SC&2O40(QU('M%'WV_J"`RESYS_?*;^RZN>POU3B*5=T?F.\`'[ML0QV(
M&ST)(-E'8ENO3_:R-BHW;S"^3.(LB<(1_=3HC]MKN?L@?A&(W*%C"Z8$V#N$
M$B[V"OALM?#84?M:)"WH%<XUSM-`,X(8C@C/3342\V)O^=R^+,XLFK701"A=
M-`L*\C&=V1]5"S&9:2MYE1)ZCL"\%</(L4_56*MUR$+\;OM*=.[0//PS2.$>
ML))9N/(LT(W`'!2CRK?G6+S42F3!S7>@1/96HH=@!G.-^H(1S+[W(AV^!9E"
MP0OQBW"I!?4J=,Y=A908J]6GYZ/Z].S=7R\C:<NXLV*J],8+0!1&2V<%,K:Z
M"!FJ<P^^>*DF#D/=4"*I'Y>5DB`+DAH!R@DSHE>!*P1A;S'F_(U,@;5:XRSD
M`#CP=NSM:Y=)^IZ`@[PL_*90OY_S#B4-0]48,7#LY4G&$X;:+@Y<.7LQJ`>2
MOI.\"**'&CW%+'6UEX%8!+$H,90<0TJ5N=J8\C(J<.XP8^B.C,)B"LF/96MB
MM4L1K'>`#]3VU[DPW4?$4ZU<;L.5INN4O3R;2SK_PES'5.>\`62A#@:<<1-D
MQ!S5FF(A4]B!IM@KEUG?L8?F<3KZ(GP/2$1M>9]QJUFJ\%7KCI=F][D]W6'7
M:9#O3DKO`JFH=>B<JT.JO-5Z9"$!PX$>V;.J+PMJ+\;#F=9^Q7L'2$-M0Y]S
M;6@93[6^6,CH=!!@<GBK<OUNK9+MS'X).$&M7CWAA44A4W4XR4O7S*SM@QW]
M^O[TG):5ZV;]>/05&C''0)N2F@G?!;Y0:QN[@8,.;SXG"9CU3["E<T\Y-/NF
MR#XDD.<Y#**GXG44?H29M.>(WB#`*6HGD-V'P8A)#)T9'"BRP].?FR0EX21>
M+@]0$$,MFY7_)O"$VGM@]U-0Y\S>[<_M:YO%DNJ/)`M'=.R-QL3]"5C24C="
MZ7T@&77`E%]E78<_%*F>IBIESQOE0G9/)=U2J]:&`,)1FW?\PNF:+-J[B^A`
MMQQ:>?*^ZVII$HK#`+>H+3UV@75#-NU=_G.@E"[S=9(HH@9U&D3A?\@(3!/5
M7H<:(P"/J"VX4W'VCC*']F[A.=!">SD\96I=HRZC6G+AQ@MP1(,Z>^>4F[TC
M9&BN)5ZFH)[9L_?ODIC,JEYS&IDW@K>`/-2V_1G7MI=S5<?6_,Q(M9<.L4A.
MXM3:5$_=$@X`1*.VGGK<9`DM!NL8&9(J:_6MR/*`M;Q61!F8=YZ))X^+*T9E
MSW:)86(X*@7&9<W!IV(*K1&:]T"S<C=Y?@OBQN]NXT<"5LGH(4BK3B50@U:E
MLFKK#P!"",PY.W+FFWW6@$)1W<T+M3(K0-(=0A5Q:M?M):]#]6<$QJQU<>G-
M'P8B*`HS="][>W;S<_`3UJ^+)![)K9W-AX$8!%:R)G9L4X?+W2=1*GN1<HKD
M]4\R?<^5U6KC<2`(001<$S^N8O'X0U&6N'O5LN>Q/2<Y-(U<?$FN7,P7@"@$
M'IDFAASU$G&(PEQ$YI&Y+.^[[4YP.,O_FDB,;QOJH6'O-'N'9H3+<G5U.:N+
M65V:L.J3JC`/A.\"7YC6^%;2X6N_"@88JIEV*>=C#/K+:%>]WJ/Z>YR\9B3]
MJ"Z!O!<Y_7-"I1Z%I4:N<Z=D?W7^?<`7T3Q2T06%V=(Q6AA\QD^AF39O/):4
MZ5UV9+\"A"$*:F]+$&S_1`+2?J9L24#V4C+ND]A@L@C>@MQE1/'L;8F#/5_D
M.*&(&B%S8<S:4[FK0XNS<Y4)ZIM:+.(95]L='+IK5@S;#A;,.^GEV5RY7H7C
M<%BJY&!<W597\-9,A@04,,7[6\F2[WZT@`97UQX<$\=E1]Z&'[KX\?>0I%39
MWF;?R`>)]`(;@D&`TYV8'.*FN5I@H'(;MJ$"QU\P*/O<#"X/FC;)U7-V5,8"
MOA&IOI:P%#1=`P)4"N]`#0X<GMK=DSRG"QI475U<WU"ZS\)_$3A"=#9G(@V^
M?DO9QN`%.%W3,!Q8E.&*K%RU#M3NU?/?!)XP'A)HR$-AN>;R_=D7YR\NZT0P
MI'-HK,^'2[EBC.!KR$-/GU?YQA!A=*K/#G/'6=(Y,M;GH^6^BRCB:"(//7U>
MY7N?!L=PQEUVN6_22LDLR5V2^"V,R6U.IC+?6748X!:1L=U.9OQYH`F'O:O#
M'BG"@<L""55GQ<5R=15FPRB!]6]QIBCC4SH`<(C(<-$4C$"W53EOFN*N"K5Y
M-1\<FCJ-\_46DT)Q%,HKA@H0AB+BSPP]]C'4,=PA&\IA'*=M1V"5>[@6/@$H
M(8H,M9,U?Q9:A`J#\XUMHAVZM-H4:;V8->A6N^C>9FA`!9&EUTZVBDZ-&43V
M*FGMH!(=F]TFMX/**D%*H3S6*\`%(O_>@D#X\T'`/X93"(L2=9COT*AB^I"&
M4\(0GE)$5GD<X!=1GH-`)"+-U&/6;T_=HJ([="+6O$XEI6:^`WP@,O,%4`L\
M:0%C?OO-%I75WH4K@/N1U*W5H49OJ%C40?(FD(G(,A8@N:F+ZNRU.]-B2F09
M-F(=T%%"WH-XEE6A6`A9;5Z/Z>=+]W?MIDS_-<O38)@+Y+J5[T,@S*%I@<RS
M/L#06'C;LE<)XYC@R#+`__5;$]!O],/U']9_OX(T^9F3>$06@&U@33$+?ATF
MTVJ38:`W&,^IA>HPE/V"<\A>,O!0T9(]OQ$1U`V(*2YPU8UR/!K$C=<NDSA+
MHG`$==XN@H@20)[>",FO2!Z$T3\^^S67$[/^B)8*M*\1QFY(J60>Z`P%7"-8
M92P(CK]P&."!P5UWJ!$.O1XV:>"T!NGL@L2$<A'2'Y7<(;W!@'-$?I*!T/AS
MP`@)#+-@JQ=Y3LPZ+7N?5'F"H6VSD;#X&F\"`2J%=Z$&R')K+=Q]..DA2BPQ
MD8>"AG/Y_NSZW'-X?M;1W8>3'J+3-!-YZ.GS*M\8TB^<ZC.&>\9V[SZ<8&C-
MWD8>>OJ\RO?6X\22$)-)?$D67&H=6W9(\\O1,8YX="-R.&X2^AAF?V5Z06CY
M4,`U@DGI@V:H1*N5`<=@K3E3N1.SCG.6]S86@4L=O(W'23JM#P64LOU;C`R8
M(++U#,2IL#4:PX*AYA)2M3D^<NC&E\V%&BT/)(RN/TZI/\;HL!O+@3\'.*S[
MG7J%=4H<N[U1FQ9DM!3U;3Q,IF1Y3BU/(A:_#_PAVBG:2XH_:52Q\#LG#.TL
MLM>(:BFQFZ2Y"CXE2_5BN(JBUX!`!'Z+/:C9*6@*$#3C"GOMMR82A\?BRT;C
MV>\D&E')/P41N2Q2T$85&XOW+O"%Z-"[O80D!I<$!U35S[#IO\/#<1#8<W(7
MY-`UJM$]:L&1A'/I^\`?QD-P8TGQYX$J%LUV7/M=Q)IL[#5[N`RRM^&BBN-[
M1$83WCS@/4X)0MG>P1A:MLTD8+T92-IKN2U1G+CTMWGU:.Z3.&U;S:<Y!O"Y
M,W[WB=COUL"CV=).<T9!O]3]C&++QY[O_;4(TB#.23..TI^D9.V\6["5*(X`
M9.^,1W["]<CUT&B6/-AO.-:DX]`YOR.CL)@^DW1:WDB2\+GV--"^,P[XB=`!
M9W/>K'6XGP_6).'06?^6Q!.0,G1\5G70F>\`'SOCE)\(G7(1__61X)?]%+$J
M$'N>^$,PVPS(/\QOB8\89K/`MM(>B[)RNC,^_`G7AS?%I9X]^Q-UJX(Z==GT
M!<R'N3Y(F&P^"E3OC+]^*F[SLLEV/0_V9^)VY6#/+Y_+BWXF@J(&=941T7DX
M[Q4@;&<\[U.NYRUAOU;Y_4&X77FXK(HE+*FL$>%5'P@XWAD/_51<9DL7E'J&
M'>^#O5:E9*^4UZ+2S")*^35-,A[Y@C>`K)UQQMD=#>3<U_J^/Q2W*PY[KOBF
M_"[)2&A#<=Z`6SD[XU:S^Q3(N:_UW=/C<8?7F3!<U;V8-6[+5=76M(JEL-X&
MWA!Y%@9BX9L_:JQCN*?7M8A[&+J@-E8UNHSUIV71/[V+]8(A@$N,9KU0)@JZ
M*V<9E0)W+V2')V&709K.RIJ4[TF:DU%%&X-PI4(*FJ,![Q@-=KFX^%IN!L$G
M4WB'US^OLSRDUF=S.S;5=IVA7HY.OV"TU>6"XJNZ`?\8ZN,X-+F-;!91%965
MPL6-.A&-WPJL+?V!@`E$)HD!_FP?TPB%=LJ,2ZRG7XQ.2ULR(=Q43(8"1A`<
MH!I+H*UVKJ#0SJC`*%I[)YG-34J!!&E7":/Q@"4$D8H6TF#K:QLP,%C"#BT$
M#.5]MU+(^`R1XV<@)*40G1R!=O7UO-=VAWX@HJ8.B/Q"`P'R9T(+/##<<G<W
M+\X=9BZ6388?TN2=I'DE)P7-9[\$G"`PQEL(@:_;0HZ;]])W0HZG7UQ>7MH@
M2BD6R7L-N$$4PA!"KJ-_*]QAL*([D)O+1M[K95F40L2<MX`71/:O!'*^%HK9
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MEX$SC!OC"NY\JTN)N94:.][IG<.3WK6B7DKJQGR'\G&`P-\5HRPX,A#PM%*"
MQC?E.K"7NGA)E_TPOR)I^$%%^J&P)W+>`+(0G'V*0>/88$*.5HJT>*<I]BSV
MVD-^I,:JCKX(WP,2,5ON)8!LK5'A:Z7:B7>Z8\\(+_?[)4@K1T82]9&]"H2B
M-L`/N`:X(FLK!3V\4R)[93/8H3JYB:/T+I"*VJ`^X);'4.5MI5"&=WIDL4=#
MV5YF.-,R>GCO0$08M8E\P._`(.%II="$;_IRZ#"C\/KO8J6+B]K=2N9+P`EJ
MJ_I0F#0H9*K6KS,/]>OLW*%___WIB4J?0/+-0P(&PS"(GHK74?@19E0GU/1-
M;1"(0F->WDHY\/5/BTD,;5X=G.FX;/*=I"2<Q%^3#Y+&)57D-5?27L&;P!/F
M);-$G*^R<L[LY6`XT#9[/N4CR<(1'3L,HKLDS2?!A%P$P[_(J#\!JT9JTBF]
M#R1C]B[/V!5H=/FS=_O$@4K9\S"YD-U32;?4JK4A@'#,_N89N^B+`8OV[H8X
MT"V'5MYE,IV2=+B!LJ9?H3H,G*:@MO3$I5DTV6RV&/1,*<_-"E?84LJZ8V/X
M'S("TV29MZ*JC](1@$?,%MPYNW"%/H?-MGS>::&]DZ5E%^AJSJJ="6R\`$2A
M/DOBUX\0,M3L3N>;EAQ:;,50IRO!C*(.O5:437T`(!JU%AWR6R_H,%A'.RRH
ME8T;Y_WAL*S$5AY;?(/.$92!^34TJ"TX).$'''+H73[7&I7:&.WK,VPYH1N!
MQ68']4V-%O&,X<H4-MT]=UC>&LVURK-S!&NW'5GR#<P6T.`JOX-DXF`HK+V-
M$E1GYPA"F7;D)8B?ZX"!H>K.5E7@_,CE<<^R_MVBFGJV2:Y>X665L8!O!`$%
M(V$I:+H&!!@,)Z=J@*$'R&W\7N19549#[;23_R;PA,CD,9&'@H9S^<:@S]CL
M&9<E-5=HA>(P0.Z2Q&^*K:M4AP%N$9RBV9$9?QYHPH&A&MO6%>'4[%),=UO:
MGV'^]CU.7C.2?E3>&JQA4`V8ZD`4EOJY6AJI#`!_I0OCMR3+;N-A5(S(Z#:^
M#M*8/I(=&.R%]HD`I!'94IH*HF=-=89>,X5',=6L5Z6:Q60"A5D<-W%S,+LQ
M&&Y5S;.ZRME@3?95@;3;^'N<DNKLKU8$U8EK.C[@@\@(U!2KPIQL"8Q!$87/
M/MTPQ,2Z6(G+D];+9$K5X(W$6?A!AQHF4Z(S3;=-%\@#4>1.4XT<;;D*@#:C
M?_ME04F>%IM@6Q'^;3S/E[[^.2QW`7AX$L,>P%.`05I;8]6N(L@80$,C0(_(
MS]74&':V`C9PFUZS?VV5':P%#G-C+>X<#T5*%2<C6]S]%Y^D*&*X/&HH_*UL
M[.M8-1-W][-4+BB7]V`MJL%MEA7;G*+5]P`_/V-=XFNY70'5S&?>3TX%*6$(
M:K77@2>2YU%UU+>]&=KX*"#I9_B+G<N[%;2:6>5[YU=)6+L1$X.N)=N<I_`Y
M0,_/"):XVT-'.#4+KN[GII*8,+01;:\$SRGED(H[NXWSI$IWV=Y,97P<D/4S
M[B2N^K\5U%;JU^[-8069[49$::$1@R(?C)W-XL;7*;:8^M9HJL1VI_$F;"NE
M@O?;L8K87%:_MJ@4Y3#;F[KE,!!<]7.NBHMQ=X23>=&N=Y*&R>@I#]+\T\U/
M;+=`_)J?F.Z2:`I]J_.S>>%$)]5Q98)>QY]O^T1Q2\7"V5TIP-MXF-*AR!6I
M_KO%<U;F]P%?/Z/%BI=E.@9NI:;]WJU5$)OWL:FZ,OV,G]F^E5FM0`?@[6?$
MZF@+$2MU`%>*Q>]GN8+X,+B\C%[L]F\IM/H(1>K83_?V2,V]M8'.2N7]_>23
MR^;8>W]6L#+S\EA=;[D\ND`>?GK(QUOPD,T!7>F7L%\5%,1IK_@@@F3UQL:"
M^\I"@U`0@I^^]C&WRB)*A%>J.>[7!@7Y>I_,M=A(MGN#8?.S@*:?R5W'6TCN
MXN)53UF=+*_//65W)XZVQ>L,:]\$'/V,CQUO,SZV`E9=K6.?R*4J*@RQ,#N*
ML.V[#:P/4T1/_(R9'6\A)42`6#UQ]YE;RA([V9U(VO8N.JQ^$E#T,_YULLWX
M5Q.K>J+N"V*IR\K#')&%[+=WST'T24#1S^C422>9(`I8U1-UG_RA*BD/XTR;
M>M#]30;A-P%'/R-,)YU$F%3`JF?JOKJ5^@F_AW,UXUA77:9&"[\)./HY5X\Z
MF:LJ8-6A8)VYNK_%<'KB84`8XWP]\3,@?-))0%@%K'IO-4B._+R7&DYV)RCL
M\&*#A`:*\ZF?H>*3;8:*A>#5L]O3[$ML[4C.'4:456F]F#7HID0I=-QJ,S2@
M@BA"W$ZV_$EK`:)FHX2]$JTA=.[285TE2*E9%^L5X`*KNV@F$/Y\$/"/H8^5
M18DZ=,S63`RE_FK,=X`/1(Z1`&J^QHD8VS&5,_(NF+G>`-HC>9^GZUTFTVE8
M]I^6=YB7O$G)Q'3W28#DID:IL]=NRV9*Y"K,AE$"=C_+#ZBN4V6W<17_KHJZ
M@[.Q>1.KGR\&6+^4U7_-\C08Y@+Q;I,,\$4<GO`B<R).3Q&<TSI2`?[JW@Y.
MUOK_K]^:N%+W_*_Z#^N_7P&<_,Q)/"(+W#8@I]`%OPZ3:>4E,T`<C.?4!M%M
M3-DORG7E<7X]DC*S>E>RBB50>!D7F*EOG]-'Z(_/"5\.5X0^%/W#T?0RZ>`N
MF5MF3>%[7QQZY^N$,5E0ZP.L,Q1PC<C[;B$X_M)@@`<&>]"A1CC<;-FD/:3A
M-$AG%R0FE(N0_JCDR^@-!IPCV%I;"(T_!XR0P#`+U/K#JQXW2)K,][X@RWK8
M4BOXWA=$82<M8>F=DL@@0*7P+M0`0Q+!9G][52XWWP2>$,6M3.2AH.%<OMOI
MLT'X8=4?8;HLIDY*ZYC$%FA[.3KO83C9%SG;#0^;/G"?4.:;#K=*Z,+:=T!-
M$00!,>F.PG2WA#JJS<XGC?5\AJNF,UG]%L4-4R5OV_K0[:Q=1['9JWFOB=H8
MGKNLD'9/\MOX@WK@L*THU2YCO`$\((K:=2$?_HSBXV%>_QY#KIK7,\IAQ'"S
M<N0@OB)I^$&GPH?TTK/D;>`-44RP"[GQ9YH:-LTS;KU9]T'2UV0_[]K(SRA>
MR73L'YM'BI6?0[]>UE]K%),8Q+=Q2:1\AK4;%)C#&)2T*#AV8DEKR.;ST>!6
M\GX^MA:K40"5.1^IF=-0@4',R@EH)$Y`CL-J$47!M&P]-K"*,:YJ48SLV6D+
MN:8+MS=5MSI%'89ORE7\F>K!,YF^)VF0SFZG[Y0_4)LZA:?V;+*'))W?VIG7
M0EU&%JD62E"S^"6*&::*6UWH`]\$MH_C?.;K7)=$58K`Y[F/J:#71B<$:_UD
M-$8&3'8XD*17PTL?M_E<-KD<F>1!M`,S>=N'+P<89O!64I$.=FQ>-B6H,"=5
MX-F?8!J*`%M^IY-L[X,=B^LVI:N9"*H&%H;[QUY.-WM!VL;R>)G$61*%(W`)
MGJC2SN."X\$[72W+XBV"J6,T%K"R8R'9IHC8`1]3E)I1V%T1OKW@ID(^56UJ
M"Q-=C<8"5A`$+]N(@:VKIDATD";J7,#VKD`_@ZO6"/IN>H/2N]"J0U#"#Q&$
MVMJ`SM9,30!V4"$/C1Q7)BOLEIES9&^2=%'0:0UB^B?65OF4AU'T.XE&4C7N
M]L,`$@*?MXV`V<J_%=A8QCFR&\RKJ`[BY>/O0,<2@.<W**CP'L2S3+XKVKB\
MG)'AKY/DX[<1"2M7A/ZP[H'07[U\(Y,@DOJEC">ID'JMKY:I4JEP,73],:`/
M@6G/1VYS9G%8L!<3ZAANAU>MFI.J(NOZ)\P]NNCPP@-_W%XKW<5J,S2@@L`N
MYPB+'U*QP#.&S-6.]=WAL;O+.^7'7S#<<.((1#-,*./2/!,40U++LH),PXYY
M(A1<.K'KHC(7L[O@WTEZ27\U2=+98+P\_E>(5-OX!!7=F<.]HRT+]>^4[B_;
M_1@@AV!_Z4`9^/.X$P0QG+MYKH?VPE.-_*/+($W#E7):4I=>X6U*[CF"+:Q3
M6;`==W5P,-AOGW4NF=749I^PA#_)Z"[(B[1LH3F$_U)K'8(M#<G_$<KGE>9(
MP`:"V%>G,N*<KQD!];DM3<?SS:'U6:;C5D%1)6=MXWF@?X=L0*9P^-8@#XYF
M3O)^4ACA[C"\<4=&83%])NFT+'FJ-#&8[T!48)<MO7-AR$,$23/1=S]!3+#O
MV;/2V+$IN>XKO0ND[K(EUN-:8JK0S.?"V7XN&,O`8?[MMR2>P!IW15YSQ7X0
MZR\`!XAR9SL1#W^;X.(QGQ?G^WEAO#\;S0M.-8,L'-%OA$%TEZ3Y))B0LA2\
M=(,0OPA$[K+JGS-57QF7=DFO^RE`4;27*UXZ>VI*O_XH$((@':13E-EJSD&B
M7<6U-GU<&D5>Z_0H]=PH>WU<K)`!J6HHCBY1]''I'2((1#E2`94#2Q,X<9U,
MXE"S4X>AJ:UW5NZ=H0Q@F<B,/T<TX<!0+G3[BG!HSYE`7HJI=XC()=&4$-L*
MLP7*KAS+X]A(SAS67O`H.0]E]-A$UMUEE36@VEML#/!;QX>W<:'E#-&NTP[K
M347G<XRA"`(Z?778-0MM0_K>&<H(FHEL%3T1,X@PQ(RQ*M'Q%Y<M26TU)*=<
M(+*)+`B$/Q\$_&,P="Q*U)YWW5V+>4HF(AM%@"3;"U9CSX/6U?W))"UKES8]
M]D<RK9IC729Q&1HN@N@A#>F[[T%T$41T%#(H\BP/8KA)N7%=W(][W\=?S*YZ
M;.MBYO$7#'<[^,BQ37,&"W[<^Z:TNNPQCO3>-T4%@8'`$19_L[?`,X8`9<?Z
MCJW6Y-;N?6-(%.((A*_31EQ^[MLXVPHMTPW1X5SR.:V*(H=@+G:@#-U%Z)D(
M8G!A/==#F_VZNLEPI42B#%Q:E`#;W5;"93\%6@O`7A79-AFNE!`$Z7>=HLQ6
M<PX2[<ZU##)<K\(Q-11)/"07)/]!2,R,$BU^J1DN:IWYNAWR`'R/LRKTCA5;
M?`-P0A`B0*8VW9E_3=!W8<O;IJ*:7>'`@=,WQ3Q,:]\!O';(W&SJ0'>S<QT]
M#$?H/FK>EPX:<U2'4XWEO+%\+U;VM:18@9'2:EQ@<8<FU[KHV/:M#<0PA.4_
MV51T>"]L36-*E2CK3V55J9S>EZM@E@W2NR0E#T&67Q7*W8/41P0,=L@A79<M
M?S,TQ^IS'SLXF:7VRE;J+M/+H@N-Q!*+&R=S?,KR`8+TB*Y$:6<#%2'7M$SW
M4W0;4]2L02IWBGX`,4FI",.E(B1+17BO%6%:EL^B8IO&D%DIF9K&XP*+"")!
M78F./R7;(M:\!;J?BEN9BO9R9-?6Y,V@HK%'*1T*&-FAT_-U`2GM@:H@->MH
M[N?85N:8PV"KS'-9:$U_"BS=QO=)'`R'*5VVH4A&H=PJW'1\P&='XS_LAJVV
MD6N6_=S/YZW,9WO9`0IK>$NG4GE(8&Q'@SO\;K0MP6J6&=W/O:W,O<ZB.YNR
M7RNVW&;.K0U%&<'00[<K`1G.-39(S9*E^SFVC3EFU@:X$WMUH23+G)7%?=AZ
M:5YZ.)K&JN;@@,R.1G78?8&MPC:?QKW]--[:-'9X$\/@P(RA5O9/,!D?`:1V
M-';$+E[6"7QU-L*7_?S>VOS&$U9B;PDZGFO[@0&1'0TD'>H$DO0AJ^?N/I5H
M>W.W^Q!20_SM'5G^8,#,CH:-V$6@6\%43[5/F@^TU11W%%7<L5_7WJ5&@TW)
M\[=+B\#M;YUH"F9K98;:%$/:I?:"3>0WIP2??]9-RVT7[&ITMKX/4NC1\$$\
M*:AUT,-=4(MJHWL=YR/'UE0&"YX4U#HTJY#)-/?OZ&RY3-)WZ6WRU0>!"`3!
M:PXV;"N;R0&&/;=<;J%`8C88@TO=CT?7?Q<KO<$5+#C%4>B<<%F?2H%*I1H-
MRN,`OXCBL7I2XIN=NOQ[HN?V9=_!?<<+$B4_+I+DK^I?,XAH/[\%\0VU*!Y(
M.J2J(%U.]0<#9A`%)'6%((E\Z,+P6?798D]IV`L3,/P'KU$X*75(JK;<=X`T
M!`:!*:1L[91QBZ'+E!,E["#+?W4!^)H2"GMJ:545C0;L^&4?K(A!:UE5P*&9
MSO^95-IE>+<\'[\(AG^1T9(RI0*M@C>!)T3!6%U9\"U?.<\8^M4XT6&'72_K
M\H%&:BQ^&58F!/$E4XD(?#@5MNT5NJEC4F$9"*U$6_V\+M3JMR]*!TC,9X'V
MUNDD+>@53BW.TT`S`O]*A.>F*HEYL1_/W*(L[*4T+&?6;?P]IC90%/Z'C*#1
MYD.2A4I^C^H00#B"75<,*]MFU&01@P.^/,YJ'.Y\T\Z_8;T,!U=VRPHL3MMJ
MF`?Q%7D':/\,\S<H0I\4V2.9%!$,.NL7^5M2/:B48&,R,#")R&E7DHC$X6F#
MPZZ4P.ID,KBLPU])=#;X$9,1-;<>(C*:T)^RRR2*P*$-HH7\97QJ#`5<(XH,
M*(F(;VP:<+XKQ:8ZF0_VSA4N@^R-"N0NB<GL+DC_(OER"6L()TD;-N$D)41V
M<[?5N,`B`FM82QZ<(*X%&':EIE,G,\&>H?XG"2=O.5V4/JA()J11ANLNR,O5
MZX'077S4W.39IJI@6MC["#"/P-C7DA1[CEC'9%<J+W4R8>S=.5]^0>Z]9?]#
MQ1GF5=[;(BONO@"?;C!>/$470A!_&!?46G[^0:(/0I?._*U2`,&\VCHMU!'%
MD'>F)7?V]',%W:[4;NI@EAY8S+&;G[/1A;6Y?BY.Y:Y_#@D9D5%EG(B\&+/!
M@!F/O/P#?@:?,>]^%S6ZC<=).BUE=3%;IF7#X4/MU2GD!RJ.`GF1#L]"RU8]
M<$#]3*:0>Y'.;J?OU"\M._Y0H84Y+(8$ZM`EDQ@6Q]OX.DBAGT@V9PHB/TW=
M4CIGZ^R[@"<B(U%/"_CAA*[QPA!>WDE=='A&#-4`<DI(Y5%HGA&+7Z:<8:I:
MW;4$^?-2"28,DVMI!CRG`=3R;21`QZ,*P.H/5?D(O8ME&F-2$\&L1:4E'*B"
MEK&FP3N!2TF4MB&U[4NBG\A$]?JFVBC`*\JHGKZ\!)%N+2Q0-!+:K@X<?G%Z
MF#/AT*C6FU/R.G"'Z=!&2R:BTQLEME$L[-T+V-[92[FN?`N#US`J>[XGHV*8
M9Q=%1OW13-YB5>5U(!C3FJN&+]L!U^`7A2IBLC$<.M5;#B`<X&PSK"\O_GJL
MAP6&>R*8YL*YO=@J).(.QE^+(`WBG!"!&G.>!G)01D?U(66OV7R>FU%1/.(X
MM-C.9^T#0@.$^SR0A$!#Q(`IR7Z%GW8;=+=PV[M?]OP6IJ.'(,UG\\\DJ=RL
MX[\$Q"%P+V3@<;1!QM;>9ENS`5K[R=N]<W&&0#5M8+ZIOB*.,5SWPJ2UIPY#
M_-V>R9\A"O&WD8X@SJ,"0;--B'M!NU?X,X<-!K9=N^<,@25J0U[\*:"'Q=YD
M6</6AYJ(!^<[L)"?J==`+/EM5UF!Z=R(BQOV7[,RBU?@Z*@-`$E4+D]($4TO
M#)%\;<&IF!OZ,+!6WNW4]&QF1824T_"U@&%7<@)GS5Q!:96IDYLD[0OR90<I
ME+PGJ8UZH=[8&H=FM=.\K9]QZ%EYM8:46EE3*_QCL*><R-[>+29VE:7GY"8<
MYX3$JK6L=(8!!A"=N>D"SPY7&@#@]PUN)WIO[S+2BKR:(GI.Z(8:YS.=2F[Z
M@U%F/"T3=,@N$]0*!K_O;KN8"1;+?32DMB&E:OV:&<P#I:&`$40A(ET!2&>!
M#@A^W]IV,@?L';RNK5PF"L\6+*(S+EUHE=9X)L=^WZ=VHLJ=%_[>9HW:0TS%
M.'3%P%9[<QS\OK;<_PC"".)H-TGZ%$2DX="+`[;J`T`ZA\/8S8+`<9)F*P2V
MO-1^H(J,]0\#HHAFH+(*\`-#G6/EMR^^I5GJLNHTG\!IDN8@_<LD:\%F<Q3@
M%5&`2EDX"O-'B7$,.4I;4FF'V4=\`HTYHQP=(HHJ*8O`1''GO&*X$0G7F)^3
MNXUKS-_C811D63@.R4A1:W6&`@0<)A/Q2&VY(QL"U/*K@"6B2)2!&O#G4+>0
M^6TY.9RZ#J\U\T@UY!"X013H,A"$_N29\XS!5'*HPP[]=AZIJL65I>\#?XB\
M:`/1Z&OU.O.>]O,X-"OSZK2'Q"&&ZJPB/#>U2<R+Q_T\#BU6/67;6*N'A'7^
MGORRG\%H+\='&"J/BL%F1]W-N?7;*NWT8M+A(<XXGL6PSB&"I51+'$:1NU5^
M,>1"=JRWCJL!NK&QCQ"LW5HBTK<Z!9S[G1G6[7PXZJ;H,^>H^RZ,PVDQ%=@F
MZH,`\8BB;4I(LRT4;9XQQ*L[5DM[:5DJZ`8_+:AE-0@0CRB.I82TN5JN\-RN
MZ)/Z?3]6\X`_WY*,B.JB-ZX^F5X3M/5=@,NA^8SH=N'A$0(C>UORYMLT;=##
M9;*[UZASORK8')ZCW"ST,5>([#4XQG#D@4EKVQ<QP&K)[4#A@T-VX0,M"'"9
M[.X5WJP@IJ>WRE&ZJ?KRXD\!/2S<U5%@FGE+&B&VQ$MHH2S=QO#FZ&)V$\9!
M/`R#:%%5T$:9A"V4H3DZ:7W8KDIE]5GAT=GZ8T`?@L-R/G*;$X##@OUCRX[@
MME<#X(Y.M,LD?:?SY+Z45A!)#R*Y[P!I"#Q##F+L<(F,&6]TPMZQ=;F=5*NF
M0@U:QM.4G%,$]B,');8>\-G`X/1LV?8Y.OY<%76.CA%L8&92:F7=K?"/(23E
M1/;V=M-^%)7KR/(K\LXLG%>`,`1[J2F@[$56PBR&]A-.--#E523P%R^"X5]D
MI*BU"F_"3HO``#"5!7]-E?/\65?1$Y>1H23-)\&$&*FQ^&7@#%$<2%<B`NM`
MA6U/3%_[RNSP@@XXHTD:Y*31HTE5EX7O`E^(3JUTY<%7916N<07R.SBQ.?KB
M<`'F9ZHN:]6RX[.J5W8L?`$P0K24*PE48(E8`\0\7_Z]'/%CIU,MC\QZT++=
M0Z[,OJ940*OBZ@^'Q;2(Z+(VNHT;M(E\21OC`\N(M@DE^7"\38MP&"0C]ZI)
M$I,)#+K;<\1>#;-%TU8JM,LH"*=PP#G_8?3OHOKX]<]W$F=$<+(GF"66O@!L
M(XH:*LF(/4_L`N)W,4M$R19'IPXMNF[7BU.4=IB^=/CFF1($&.*=J!3>H=N]
M[1.V4Y0VEKZ\6IT_-;#`$#=%-1<<GL`N]G:ZV^=I(4F1EKP%O*"TD_3EP==U
M,>\8PJC69>KP*@P54)Q1PQ(D]D32CW!(Q348,XC-YNL/ZT]*46.;GP+4$!WI
MBF7+U_4.(,&P^'NL5/92O_Y,@_=WY2,TP1N4+$Q-<#M`G.U+B^'`H.>8C)SV
M#7&WD7V]`ZULC]BM;/G\MCLO4[\4;".+G_[UD<PCM_0A^E<"+S]2(:4?9!!?
M)M/W()[-1VA\W/1&,0JB(5?%H;^,:1DY1N!+>Z$L*O$J?>B170RZ)_GC'.&O
M=+O.`"F2W5!IP2$0W=KYYT)NVZ:JKTR"-V#]=K@L2,[<&(*!IQ[2!&[DFU<_
M5QD<D$&P4,AE9W+HKP&`W_7QK$T2#'UGY&(LCZ;;EL<3C@I8((K/\:5E95HP
M.,<0G4.G$2CK1&XN<A8W#.`:472NG>SL;"%S2/S>,-!-+91]9U:HKDP'.PA4
M8U&^,544:2>]UI-K!1/;F64./:]+2GF85]P]DF$RB8';V_@Z2&/J.69S'_8Y
M&3P_WVX^UDC!*QU.\&I3\D;B+/R@GZ'?+KU>MTY:Y0I#_6DRA:SS='9+?>\P
M!0`JEIH6#+=WG>(R8_EKH'(.DXI$W,ATIS\:E8&2[#YY2,E'F!39\N46*+;Z
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M;A:'GJ<AQ(9:!=G;393\V-*Z4'\-L-OI<&&OLW`A'\WY:G"V7PT<K0:>!AB;
M?Q_$JZ6#(%.SPZ5!]FE`=:=#C+W.0HR*T+:H>5/&(:@]DN;[A:.=$CC,P-OA
MA6.GPY(]81[@%J"=+QSGI@O'=8PH7^.IF$XI2(/Q4TCA&(?#``*N[T4.-<2R
MD'(*"%V1G*33$%!Z?B-W)(!1X/W!>!4T+'GTC^`S*EQN7CSW<GQLL7-E.:SP
M'NC:4_!Y1-O].BSL8X!-^MM=;K0'I<O2]56_5[6ZL\UG@6X$"S<;3?Z"R^(!
MBQHX/-Z8]U=54X/FLT`W@@,%-IH"-6#PT"YW1_D":946V(^KA&7ZW_FUE_4-
M[7L&6]GREAMG&UN<.[),A)LDO0Z&;XVQ+Z%W^6#,K`IN>+D4/T,@8!25R=J8
M>WK745M_"3!#$/GS7NGX:Y!]8>$JUN"9LGMZ?OA-L<*AE6]0G(X1G1#:UX!N
M//5U_+!G"2/3N:.>Q7Y'659,W\NBXDFZLAE`N=AA3E=R2L=@/"<,3$I11I_^
M:,`.`H.Y"Q%QLN^,,?+[%I]7$\QB/2X23MZH4/L?)`TF1$_Z@JG6:ERZ[GY!
MM&_9%!M[TME`R^":WW[Z&=D$9HU0-/>W>5;R4_%*!1O&58R>?)"HQ2XG&1-8
M0^!#=B$NW;U.#2F_*]%[->7LG9XHK[5\';"Q[_%'!W81G=;8%&'+W4^*6?/:
MQGY"=CHA+=[_XLK[(27OP0Q^?GHG9&2^\;$&`B80G(AU(1C=W4X`C\$]B?V,
M,A.<O:B)\H*Z)G@;^]K:D,#8[L5/2F&UW,S80!E</4`TWWP]33AV>-QHDDQT
MC,A-LR\)?E1_'0-\A6&7Q7<;-3)OXV%4C+90@8BY&VQ2M3A_U29,(>>@B\^!
MN"UVR53\N&IW1U&AP,Z^!Y`@\!([ECC'DNT04%>G&+L\=2WZBI8E+SW'Z.:#
M``H"W[-CF6]G\JX@ZJZ+[B[/7XOG^6V%3W]!':SX^N?P318-LOPI``*!)]NQ
MG#N:LVPL79V?[/)<M9<:T%KH#%_H`BY?D>?@9Y<35_1="M$)@M2"CC6@HUFL
M`&R+$Y@D#Z+]E-X4Z(G%=(.V&M#QS)WK$8+H5L?R[&B"+O%S=6ZSR_,0401J
ME3]XEC(]&&]U8VU^%>#9[6C427?1*"FL+0Z%&)OJM@/D5R0-/^B8`,:BTVEU
M'K#\4UF;S^VM;B@!5I[-7119&),L>R*3JG"`_'!&^.X+79$=7A:=DZ+4.'CE
M6:`;@<>K@S'_Z(C%&8H+6&VD8\_96[1]'+R3M)2NO#,S]QU*VA$")TL$&WLI
MEW'4P=5SDW52Z^:O_K!TUW'9X7%)E4HBP-K30#L20\2""/C+&9MM#`M:2_&=
M'#K,Q;BF-DZZ:!KP2.F*)Q>SKVE2O$-C6KD=(!\`.$3@WXKQY^N=,H,85'$[
MXG19JT!,H))1H3($<(E(:97%8JK'*USCUV2K<K87Y6A^J1\$4GN2^3R0A&!#
M-T"1;6**F/QDFF8O+6055$U%6XH`04J&`88J>K;"(X9Z!EM4,WO9"\TOZ6E9
M0P"((BH:",J5;)5%OZ]&;E$[[85P5K[T^JJEGXOG*4F82L9HH"C7T'4F,31Y
MVIZFF=UQD&L:B9(?RQSXKVDP(GJJQQT`B/;&ZUC!64$795PW#W"]#>4XC")V
M>IJ#R"%AHRXX!U'@#8.!V%KW'%;IW0CM7LPND[@,[#[3;RMHH,((P",BAX4M
M`;X>JG.(H5WKMB1J=LNI(QZ;]"E9(@HC`(^(5D]UJ6AH,I=K#/&=K4D9P?H[
M#HHH?_H1O"L5RN:\!;P@6F?5T9=K+)O33Z6E]H)#9>X`&0&<BJD3*P\#,8A"
M0^KPL7T=+H,8;,NM:9?K(L4;9"HMA*)7*5<8[D_HRX&_&BJPB]($[4AI+5XW
MN$_B^3JPL>-D?]Q>2U=)I?>!9$11(G60V0NG#L\8`IAM_?0#AVODDIIOBL6>
M&&^`EXIH160CS%_]^!SATJY6$CH^M7?6O%;@Z9'`E`[CR5V00S[_;&,!N(W_
MEP2I1M%(Y2&!,42N"1]Z]E+7DFV_ZXU;TVR'Z^?\0"/,_FK2%KR&4=5:);\)
MPO2/("IDVX+Z0)#HBG*U79>)S/O68-;@+!U5`VIKJM[Z$DU&AK].DH_?PO+@
MK>*@^GF=]NJW#4+N$U"O(.I/DR+F9=Y+W@(>$/GX?)0WE5>-,Y9SC^*ZV7V0
MIN7OW%XQNP@BN%WR]$9(7B(+0I>?'?!>>SD^==D'B466DB/*?Y%RA"G]1`(\
M?XV7<H@AR-J1_!P>896AG,9>JA[NVG@).$%T4"6%7!+?XO&'(1S;D1[:RZR[
MHP9;,7TFZ93N>@3NDY>8-BI_2D-9JD-0PC'%5Z4(LST[36XQY#IUI(3V@JE,
M9T&J=X*W@#Q$@5,ICFQ5DS.XPUNMRQ;4JU-<K14UZQW@`Y%3)`6<O]&*V,,0
M3.U("1TF>I2[2MG65\/4:SX/]".*H$J!EEAY#-8P'%W:.F>Q6('I:Q&D09P3
M,GB-PDE0E7JHNLS?D_SZYWL92Q!LK&H#`-&(O`@^K.S-58O)?3R^!-/>25/S
M$)F,R.A[3`%^)&%=I*0_24F9RBTZ6U(?!(A'M!;RX949@HJ,^MTPTYJ^.K0A
MEQ1=)A$44$N#Z!'.!)^31S*,@G!Z&61ORFR)!@%.$5F9?%FHG-0K,.KW_4MK
MRHTBN80GKF4%P-8JOAR*<GV**(#$ETL;1=]@U^_&C[;4_=1BZEX!/L1@7!U6
M/Q7O[TF:]^.8_!2VRQ"]!@0BBC?Q(63;%PJL^=TLT9H6VO/2%ID0VHHH>1/(
M1.^7G7+],C7N_.XE:$T=NW#(RD#+)60^D)2*.9]1=[BLM%)F0\C2GHS&`E;0
MNV?\9#]3?N=*?/;)E=C>/:7E!QJKR)ITROK3#!$IZ;/^L,`@>N>,G1=EB?6Y
MEI]_<BVW=V3?"(?WX]&:,+(_0M(?YU"J?7,5BD?7U-`;C<BH=#8RD95A\2N4
M??2)K2?LQ-9ND)A/B=[GGA)G7280S$R7>-$`0#1Z-^],(Y]`P&1]Y/'EDRNI
M/8]/LI<N9&+?0I$.#8RB]QG95<,MLE^K_"<_YCNS;*HT+X`T]\_&[ZT:+;:_
M1R$Y1V^^G(G-EXXPJ6?,)P].GSG,$U+QT)29X@\!7*(/T9P)TX@TV*SUVN``
M_8.DK\GN:#:*(W3QKMY.NQ?#`+?H(S5GBL?H2JS66FYPDHY-RY?WX>#RJ<*]
M,]&KD+KOL/%%\XQ8LPR*Z%7@"J7SRA6`VC$ZAT\,J?$=2M*>6UI;=M+[%JL/
M`A$H748N7FSSF,G5]INA+6[QMF^`MC$4&.L66Y\$V=LR>>4Y:2*_\!S*AKW\
MFCG:XP`+"+2M!?IL[3,!H0/E="334[../*A,Y%,,+7Q,L5?98==Y;7?K`I?Z
M.?3;.ZB7@,`_-Y4"7Q$E#._28HC"U[;M26%H"F0J#97ED<LTVH(QS]`XO9EF
METS?@WB6K9]L0V_Y97CX8K8<@OZ%-2TOR#A)"2-^[+8RS9(OHS*.YU^0U:%I
MM4N<'Z`\RFAB;;(7E&QA+?C12F!G+B]Z='*M^@S3)0X)\'JZN,(AA@!41_)#
M7?GC#---#"F.LH0&'H,[K%U=9-PTS[D5JG.+7P0B$3C]RFAJZ-@ZCUBW5`MJ
MYM#WMUA@Y@S3Q0DIX/SM5,0>ACH?'2EA%W<?&M-9NY:;QBA`/@+?7AEGC550
MR/#.ECLZ<UEOVT*YHS-,EPRD0/.70AYK.UM*\*R3FP#SZQE:UM[:.T":+\Z$
M2MH_F[WF7=H=TZLN7`F%18K_`A#EB^N@DF_/X*UYJW7'U*FSZ]9M##71`$"T
M+_X!.WE7F]?F==,=4S][SD+#Q%#9(%F/`T&^F/_LK%D)9\U+FNZ/9<V.K@X<
MIK'^3D:3\NPO"R>QZCD(^R7@!)$=QL:9;]`+F<(0W+`L*H=)79M$*:V[O->`
M&T3FFA!R'?U;X0[#44('<G-Z)ZNBAXSZV9S$9?*$4GA#803@$9%M)Q$%7SO5
M6=U11768]G6?Q*,%_$J*R7@#>$!D"4J@YBLBG[5=*:=KF/^$(B_Q6YLD[?,O
MB!24C;!H@>1QA.$HPE8:O5EQ<50=$$_1UQ@_9=<85^,,P_9K3=NZ.'BMX@A"
M>\:@?*+B@,`4RD5N'7:U&)\6T[NR/[?4:7MU6]:E0=<#ZVJM/"9E#5/&*!]\
M-<W6Y7M?[A[P-<LY]:S$RBFFU%6^'%1,52F;+<K:P_V575'KCI-=+:[:VJ,"
M>XB"IWP!R-9M4\X-:N;O8G/[TT[*E#>$8M<Z,1D8F$3O^ZD4,&_!O$%)_MW4
M=A3ALBV5S#K%E`+,EX>QQ;+.JD')_E4E?T9EO!AF%:!H/67YHOKY(4H?LXFY
MBA9S6<,5O;,LO#.SFK7(JWR=X2P[RQ6`BGYR^<2EG]8E:2_#_1:J*Y`L?Z3;
MR=./X#U3+N`F>1/(1!E_X"+*MF;5V,20IMRAOMF+*_2CJ,R2E*K7ZH-`!$KO
MGXL76YN87*U4BM]![;'GL-?P*2]2[!>`*)0.-A<_L38QN5NIQ[N#6N70,:Y:
M"5Z1<5!$.6P*2LE.G+>`%Y1N+Q=VOF4F9A'#]?\.%=+>@>E]$M]"-W8RV@!4
M?I='_C(EMH?2%^#BRE[^E#G%E=ED6_%Z%IL9"Q!5N=JC]#Z0[(]GT./W.=9@
M%L-MZPXUT.$=C77_3&DK9K\$G/CC9/2$MS2$'.YV=*1GS]_8</Y5%D'^2T"<
M/WY'C^MW2#G$4`2@0P5SZ7H4*17O<*;N=6R\`!SXXW#TQ`X'CSL,%[<[U$![
MOD830>C:)EW>V"_`'0)_?(H>UZ<0<H?K$K=EI3K_XC`IL@QCU69T3:5&[2;.
MJ\"5-ZY&*0#^4J?`YTJ7W1U44/O'$"KVW,:S0(HW?D*)FCA\O,[82K_"'50C
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M6G6O<669\S[PA](77I>`BGD@YG%7[N`;&K$.+U=4V^C"-:C]*(4;(X(W*4]'
M*(\^FHB+,@5DG&%(%^A(<N=FR5.=\J04XQ2^"WPALH;E$M#6SA4^$>NG'5G:
M._?X'J<DB,#&@BTJ@SV*T%UJ'L!5/7HS&`G80&2XJD#.=M7,^-YY%;5WIO*X
M"6\_'I4'54\DSZ-Y4,]$9]L.#8PBLE%5A,)68DM`8$CH[U2K'<9;;Y*4A)/X
M^N?P+8@GI!9/H\)`&`?Q,`RB1@A<*6&BQ<B`":+XK8K\^*9%>QPP5-OO5/_M
MI9D9@=W/\S1\+7+P8YX3E5P-FY^AW@^FE#858;%7^PY`P7#>T:'F]\QRX80Y
MY-4GKW^^DSB39UD*W@+R\'MW*U#RTD9D/.*Z-F,6[SI"46O2<HF4WA$B#61C
MKA*GY;*&P;+M3GAFB93(\_IZ.',RN0)0T4\NGQCB"1U*TN%!E^6[_3U_$CQ[
M[`1/-19W7"'M%?CO_&Y_#V=W$BZN;-M0F5-<.[5UQ=M.40F+=_M[!XA\9@5T
M]=5OG5D,4:#N--!ETT^K=_M[.)M^<D$7G8D*.,00F>E0&^T=A5J_V]_#U-Q3
M`4=Q4(;+(:Z8C'4%<^EZV+C;W\/4QE,!;('#P>-NIZM+],PZ>'9[M[^'J26G
M`G[LI4W(W4Y7<.VY+++>V=W^'LXBZUP!\)<Z!3Z;!4U\3AJVK=D6;RNU+`K0
MPWD#B8L:>Y'D,;;3M4]Z9I>)NJD)T,-YPX>+&\^/X'"VVT5*>BXOZ5PFTVE"
M]Y#9;3PB/[_1X<GH/LD5-UO)V\";/ZZ%^*:.&JO(ZK(;IA^@..MM)!;5=Z,N
M9O,F8(\D*A4H>PO?#<^VY8,"$BB7U::<5(Z$#9C&%:!&H0H.%VD&54K[#O<]
MX`?EPFP@%/X,D+&/X0"Z$]$ZS$&_3^CV6#=M5+(A&&\`#XBB1S*L^1K(YVUG
M=<]AU&BE.``E4.UJ`_,ERLDQHDB1#'&^!@K9:Y<(85)KK74UIO:ETZR1\')\
M;M;``X65?XZAGX<#<:D8S$V(,!0VJ[+=GX.?)&O\V(]'Y8)`1A5&)>$_X1#6
MN&:99$IKTZ$U6XU'A]7,^9U\,%5OJ')#:"&,"[K4+E6P*KK78.KZ)R6<:E88
M!^FLK!1"+84A!"62*"J;7%<GZM*\E<Z^#)@BB$W;U1#^W.\>25<5N/R=TDX[
MQ,R)G=\PNB`Q&8=JTW'C+>`%01S)KF1D4XF'@JNR7/Y.`X=QIP5="ZJ!.BBZ
M%@_#*"RUE_ZR6BXGA/Z2R.)O)D,""@BB579ERI]`+2"R6R;,H9E['Z1I:8J[
MK;[[1Y"&X`O4>_DUA;PJM'P9!5D6CL-AB<%@7/YEIA"`-AGRY>3+L4-/<YTP
M)@LSI="1SE"4ZQ,$/JH%P0E.%?7QP!`Y=*@15CM7\F2J<K-%_"Z0BL!_:H$R
M.T=#E?%V6JINK2TV"E.#;&,`NI6Z;$[Y-'PCHR(B'!E1G%7"?8JC`*^871.>
M</@+JA[C&-;2[0J<;DCVZJX)%H-ODK+%JJ\#P0AL?S.8M9?0=;8[.*#9ALRH
M,^+P"%K%?^KG-X1"&T1P9E!00F8K#UMP8B5?`(P0''%KBK2=TZH&":I`Z99F
MB]-CQ`IA*H2JI9!*8?;-5R@7&)PU3=!%AX%<'LU#F!\D?4W\5%$SOZLC%6VT
MO#+0UM6W@3<$CIJF*#04E\FNJWX"+C78:5;S0B@-<:@K;N,EX`2)RZ8!O)*^
M;G+9K$SP>99:AR<^4*J\;JE#)3(_NUN><#R0.(B`X'X\6O!0G?-)M+G%R(`)
M`A]04X1\E6\/1;N""BYUVVD[PK6=$?(B*P6*HN0'M,K4-24V1P`>_?+K9-T^
M55ENEECX+":%0[]M4P[KHKHL2S??QOTI='N5'DOJ#4>Y/_7+WSL1^GN&_+<K
M`>%0=4_MG:-=!N]A'D153XC+($UG-TGZ(TA'#R0-$[J#_2\)4A'):@,`T7XY
M:J?<4S0MCEV5<7"IG?;NUM/I6WT-C*N'-/DWA"D3J4Z*7@,"_7+!3KEW[A7X
M;)9Q^"SZ9^^,["[X&4Z+J:$:*KP-Y/KE'9URC\;4V5TI"?%9M-)>F:\-LW[9
MHVS9GNR#TE%>IQ'E5&@-!$SXY1V=<DN#&7&^4A_BLZBMO8+$-<3PR0W\!90*
MWZ,DGOGERIQRBQ"K,%KK((X<_.WHX)G;^V%4*!F51_7?V[B63"/327ZU1#X&
M\.F7AW0FNY2ES'2MU(852URJILTZ8NN`]8?#8EJ4%Q*J@H')E&K$&XFS1:I&
M66,CB"#D`0>$@S%<W2FS.43,V?X4`.&73W4FJ&/6"3:UBAN<AOF[;CL\"]L4
M8V/9>21#$GXH)&8JC@*\^N7%G0G/N/38KE7;OP.M,WL^V29D=!U8+@Y:B_'*
MFT"F7U[7&=?K4F.UUJ?/=!AUYO`PZGL\"K.J^2<970=I',:3;#">=Q%]*EZS
M<!12'J1VKOI`E.-SO[RV,^$!E#;GM8[[=_9T;N_LZ3K+PRF858WTH=D@5@1S
M)N"EY<C`IE^^V#GWM,H.%+6^?J9SK',<.8=5^*=QZ%@>.8ZK(T>--$3Q.,"O
M7R[<N6IFHA+CM8)_IH.R<X?^V;PV3SS1U6C^B\"17U[8N=`+DW):WV7X3,=H
MYYAR$*&01]G$8T4Z99!(=UT6#`5<^^4!GNME)<IYKS7],YV\N2U/J22B?D3)
MC\L[WG=A/#_\MZ/YS*'AXK=?;J.L:&5K+.J9X;0?[M9OP3O<!!!5%4*P*9C)
MCC\C6D#AKM9K(SA>YQES;HFX+8BU>J%[,.80>?US&!4C:G=6R=+9`TDIU1`@
M>$ZN?P93NKS!XX\D+](X>TRB:)[_*E'SKC\/Q6M0WKXJ8]W9(\F*",QY*%+Z
MD(9)6N4+PYVA)`O+.J72`&O[3P!*"+RD+2N%*'1K#5-7Y3'WJX.B(C@T&[@;
M0N>K@]8G`"5$9L66E$)[=3#!U.#6?J]:'6(R@0#^?GWH6A6<'L)J;$-58^.\
M6_N!^Q&*%(;;@UM6#$L6A`Q5\Z()>QMB&ZI@=O72@0UA>8W0_`@@A>`$?<N*
M8<F.D*':+""QMR10KA(.4P>T5.V)Y'E4M5WZ,\S?Z//`<)&_):E*E2.KWP+<
M$*0@;%E-+*T9BN`:U/G8+QW;U0E\(<Q',BK*.[RK*O<M>,_(8-Q_?X_"(03M
MJ\J@]%??PFE8S5G#!:3-%P'#SQ7@9%_)[A[B9OV4_6*"<3%Q63:1PX[9@@"\
M?"[;0%QX40R3>17F]]+GH',^S?>3L^ME&]]QA/'DQ%`88LNB,YF<C2H2!IGT
MU>2\CM?WS>UD.5P4&84DRY[(I'0SGHKI-$AG@_%#2J9A,<W@%@$9#>*;,`XH
M_D'TM0C2(,[)O!8FM`<9+?OT9A>SKR29I,'[6S@L(2RE]1AF?[E-DUAT(EZ2
M%T0*:3S<]UY.#KXX#!O.!=:D2JFY$_<]X`=1<$^&.W^BRCA$T6&F"^FU-@LS
M,OQUDGS\-H2E,YU5[,S_L<[)_-<O7R\X)"\?`-H0F7DR##<U:X,5OW-".E$^
M>^79KHLT>2>+C?Q['%*G\O_0GT;)5-H%3OXR$(LHDB`#=5,;M=ALYB?LE+[9
MN^1_2;^1TKTE'CTE1?[6GU)C9AA(-4WT&A"(R':6`<G6,04&VQ4]1ZQ=#G-&
M^EDH5K[-!RG%!XAR-V3(\DVW#9::)QN[I&`']N[;ES>J:D]+WB:5]3@0A,GT
MEP#'7JX$C!F$M'?<7#NP6>%L?H\IB8,HFEV%'Q2S<!R2D5079:\"H9XX#@>"
MTF-*3#93Q'9*TUJ??)IXI=^?)%[I]R>@S1,_X(#I!VRPXJI-H^WKAG,H'LE[
MDL()YFT\3M)I*92+V?R/>E</E4=\.?G2<VC[=1*DQ&09&DM$$.Z3\(XBW(=%
MMQT>3@GH_":Y7Z\S!'")R?4VEI,TP*T"0[MNU;X)WF)9\]7CKWN2;YY_E6=?
M4!SV,H%`R3!G'X@)[%]['Z',8RB8;B`OMM%L'1E4+:ROPFP8)4#I%H]?^Z]9
M"9-`'YW2!2N6PRQ)-%LT`I\$BRX(MD!C;-T5E%@B6E=F?"#ITQN5!M0>+_(Y
M#A=!%@XI;E=AU*SB6#]KFD4A68C6/[,$6$*/UK+2^BO@Z3JT8=?)JJ@6(Z#T
M+O"%P&KM1EK\::R""0;_K4NY'SK,YE6I9LY\%NA&%)E5P9BOA2S._(ZE=:JO
M3J^R,.H;0WO885D+.7D(J`TP#-_+`IM/9%@HWG<S&A6P0&"LZ<B-/P?:88`A
MS-"ISCNT.596I_X'-?[`FGU.J-$X3>*G/!G^]99$%/^LI%IG%9>/!KPCL$MT
MY*2XSBOS;E#AI=X)$BA-O<,[@<.3DC]).'FC*U/_@Z3!A-P7<)1*O4&@,QL4
M>98',63&J<P)K;$HWT>((FTJ,N+/"!/.S6N9T(^\)CMM&QTYO!#`I,V$'^`#
M43:0"N::'N:<0X.*&]N("7L4BG&X`6S$Q2IJ#2?RVMNP<")8Y+N1F/ID8:."
MT=BW+?TC3X,R1XB#,FR4U<,R1SL7EK&NM?8NX1C&`^8T"7:@=@,#DXAC+FR1
ML(^XK0#A]T6TSN>#P[#-31"F?P110?JC?Q=9#L>0@_&?00H'H[)57?@N\(4X
M),.6`G^55^$5PR6VSG75H2VM'A@3K^_&XU'^CQ'8VWK2LA%H7.6_19E8A*%&
MVS/DV&%PQ66X\1AQ,(8M)7L!Q^-681J<`4?K\\*AKUJ6PX8].XCFBULIR7Y>
M&;;5LE<'WLCH(9C!PWW8W2=574L)^^T_``AYY14?"[UB:X!@N%K;^=1PF*N@
M)*C+((H&[^6-U7X\4G0/6HP,F'CE/Q\+LQ;:(]&\&KRSL\"A&\S9\.=$;NS[
M9J83;S3@W2M76=Q&SXQ[\\ITG\1\PG>(9<83Y>7$*R?ZV.0P:L[E7*MQ-';W
M\>SVT%X%DN_Q!\GHUQX)Q+.'L!9!B(.2`76ILN>W('\D0Q)^D/L$;F>,25AN
MS5?A1S@B\2@;I/6/UW\7X4<0@9D*K_T>?)`[DC^1]",L+WJ-RI89PN.%+=,"
M4")PT+M1$-[)A1N,6V3B,>;\MB_]@($:EO%M,$/ATB(%GL3#D&3W8)/"U2@;
M)5+K<ADC$E8;$?UA??^AOWKY1B9!="WK9LQX\N7DT%ZI21F5U6>%54C6'P/Z
M$#C\?.0V9Q6'!7M77SJ&V]ZY\_V\4(ZT=M#J@T`$`K^6@PU[&65R@.&VDV"E
M6BYGBO:WUEATG3?KQ,96I;E_5!4&"WYD!;\6.O=Y(`G!]MX&3H[V";CU.\O&
MJ?K:JZNV$-`[2<L<D&_0'^J9I--K,$$R01\>U=>!8`0[91NP)<HM9][O#!JG
MNNXPN/Z-9!DA(%5*8_-P8U7BV2.)R8\@`LE+N#<8$3!`8'2TD1\__&*.!X9L
M':?SPF&X?4TX-T5.:;L+XW!:3.='@=E5(:M<HC@*\(HHO&XB)[[^ZV&`H7JG
M4YVW5WFKQ/LV'M)O2\IGK3U)R<!4`\L$0K8UP^;3U>TE_Y7US&$B&60$KE"H
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MC1^ADR`DF<WO/D+N5SYSVQ5Z09UVT$GP)LQJAV<`"\JN?[Z3."/S3N65<A54
MO^:A;;@/H<FK^HB``:+9)9<6?_\WYQ[#NHY%&\PZ'EH*-A<I*(I]*,P'!D00
M&33F,N7/F];@^!T/0:IT#C>F.>$WA(HUB#8H5V.;]S;PAFC#:2TDZ;R2`(%A
M[T$Z!1R&7N:$ESWKJ#D,?)E.!/$8E$\,%0RM"4PZ'93@P%"Z$.>D,+L.9G=?
M2%(23F+3?8'S-O"&R-!J+23YOB`&`L.9)1J?Q.&I^]7<GK6/18N1`1-$AZSF
M4N7/DO;H^)TQCE7O7+9!JBF?F]0<!A39%P\"G"*:8>UE)I]I2H#X[>NCG50.
MLRAJRE<,\W932V4HX!I1)D5[^<DGF`8L^[VKDVGF,*BV6&4KL[_EWB4<!#A%
M%&)K+S.%O4L%$+MU*3ZM,^:V5I_!K.%KQ0&B'<A<&MI'HG/._>Z8UEE*@,.P
M\U)>XS$9YLLV`U=A2O\=S9Z3*AM#>X8KC@>:@2@<+9>4BN[K\8XA]HQ!#UQV
M#52F][*8%E%9DJEZ<C"^?(,;T+=Q?SA,BC)-ZR$-XV'X+DV2Z^:C%$E,?0A-
M-<'"/#.!#</I*(;):-:PD'W/9P[Z]S@E013^AXR^!F$,:8T#:C]#Q3A1O6^-
M$8!L1"<ZIK!O:KX^!@;N?*^RM&(R`1JQV%HNIX##P'-9?.F9BOR93-^3-$AG
MM]/W($Q!QB!S2)]=R/PA24&];^/RK<MD2B7^!L5L/LBRVPCE??[<:A'LAU*?
M)?!MFQQ`'U$PW%1[^'N8(T`-'+#]LK`N6(?A")$"7)$T_"BMG>Q_"KI#C&=0
MGR?[G8PF<&?@I\H4-QP:4$$9V-"3JF2ZM@,'0R$8%-/'91$D@1CG`=TJ5V8X
M>TZ#.(LJ[5WTGVLWBQ2_`!@A"J:;RMAL,NEAU*QT\ZGG%(;(R2,9)M25CL)2
M7/<)W`\KAGE(K9!Y,'C9?`BD3W]3/GF99,J8M/D&Q0E3*T%3.2O$12R@A*&0
M#H:9Y;*UH#*]MO@&?CV/GXB;#.HBT>P!Y?%YE<OYX[8%(>LL\C:FQ+U3HST9
MT;_-F>#W#C$<#7CW/((A;3=H@(=YSRG6C,)P>_V1HKBZX>[FQ76SPE^6NF&5
M2KMP%.:HLQ(5F`)1[0AFYRN`%<:9SY4J?X[;103#T9IWFN0PV,CF8HW4^K8I
MI)H6E)#9RL-&.&E]`3!"%'JT*WG=F6F"W'Y6&LC&*(;)/!Q7$>0M-+.ESOIC
MY<;#+^;/R1(O+7X!V$84EK0K3/:1NUWD7&78^Z]V+ONP*G!1^D!D^CZ_NVMA
MSUL;D6)PCB!R:5^J[?8W-DKM]C/O)\NYO;PM%:+N@O2OYP3^E^2#6-*FOMV@
MP!R"Z*1]<9EO/D*@]ON-J4S013I6N:@S`>NK2!!GRS*29W\$45%-A2A*?@3Q
MT,9>I/$UP`Y!Y,.^-K3;I_01;%>*P_\):*]K["91Z091WRGP:1Z$<9E"EY6-
MI?6V,,4Q@34$L0K[PE+=P?1P:F9,[3<P'9$X3+%2X8)]+9W;T<O&T(`*@NB%
M?3FWVYHD<+7+K_)_'B$//#RD89+^+PE2NW.(-2Q%H[=S(8CSUB$(`53M,JB\
MGSN][<8A&K8U7)R(X;1CF3':DF/QX,#LSL4E>JWB$DJ`M4BN^MSFG<N6@"I<
MK)=&@2>N0OHBJ'`81!:V*-DG`*6=BT2(>Q):A*V9I/49YQ?RG(M'\A[D:?7S
M8#R7Z760QF$\L6'_"<<'?'8NAB%N7F<+L_FTZGW6:84\*E%>2UI:*39FTOJ0
M@,+.12'8;:@LP%2?Y'[9IR:I9[.X;!^ISH4U.%Y.CC`UE[0K1]U9)0#(;N6U
M[>3=-V(J<$LMB6%M@![):\=H$+\,@U<*8@XMY7<Q^_[(91%L#?!5&U+HCP@8
M(/#HU*7%G[SFW&/(U46C#0@J6%,J]=D5OPR<(?"OVLN&K_]*`&!0]6[%;%9>
MBND&LK_U/2;4`26CAY1,PV+Z2#Y(7/!2@G2'`080K<=*:+,#V@9<[T9/@H[4
MVE[R#OM;4";DD2I:^L$][51[&8A%M-0J(:NCP@Q>=Z/*?T>*:^]2#_M;U6^#
M:#"^3$;"NP):8P#I"()*6CCKJ#&?9;_+ZW>LS0[C0"(YDM&\7D#]SX<D"H>S
M_O#O(JS2_Q3J`;7_`$4(4S$@)7'J6M0&>&`H4M?MO'!9T(=-W++0YRW4:AHF
M<4ZU)R*C_GA<!@:E25W&XP(>"%)7M(2G.PO486AF.^ZWDS7D$33A6R6.5T70
MB%/>8,"Y3UZNN&2/$>\8*L%UK-OH(HG?XU&8546<%YVF%!,\]`<$!'QR@X\-
M@HL*_+M*1_1BAB!H8\=8M,R7>N#))Y_Y6*DG'9_1%F77=E^Y$7C*B^/$!HF*
M?+%>I5R=^.3='BMYMP).FZEU_A7J1'.DBF.9KZC\FB:9P1QGO`R<(5KLS66C
MM`/P`<#09ZY;,9_@".Y4Q$%RR&H$[K)1:YL*>EXQ5<.BUQP8$,$9WN&+3T/'
M=7%`EE+0A?[CB-+PQ%,?1E+1](?#M`@BE<-<>Q\`A'!&<_CB;#4?U/#8F4/A
M+F94)]D,U;?NDP@D0_]]27\=YI=!FL[&2?HC2$>*F0T*`P$3.,,[?,2EQ\/J
M?._,&7$7RMU)QD/UK<O@/03/BGYQ12Q47J+>=UIZ;_H-8!V10Z`D)\4IT1(2
M5R5WO)@M1G$BM=ER&T,&^:C12DYG'FR^3<D]Q1D`XF.KJ.%<9G?F^+8#W3W%
MY!@O14=EF:>%RFU+M4&`4Y\<WE,]AU?$,[)CVBYT&)-SNWEH#ENN+HOL48!7
MG]S44STW5<AT\Q06C;#MJC&.;(-%R(#A.O4CNB/&Y4)S%\;AM)@^2QN?MAD:
M4/')13U5S4`P1:)=`18O9D&'KN<?01I"[_/;F"),LOPZSD4'JEIC`.D^N8ZG
MZJZCA.461ZR[;UXC2"%8W5^-+!'*R9E/7N.I:E+\)H\KM47VZKR*ZQDF;[$D
MSH@CX,0G;_!,SQML\EBKL\F-U'T"S#)+`M,ZKMW-06$$N$F$:(4WEY+&/.&B
MT*[+PFYI_A&F);]!XCW1WLU6WP;>$&T"YM+1T'@F`BV.=C!V7KX@U)%N_MIM
MW:>RD#[$8RG+Y);^*#-9-E]X.3D^<!@;JJ"$4-P-U5Q6*;$-R*]_4@6E>A7&
M<)@(/#0NV-%7:T]2`D6'7P9,$466N$+G3^[NP<%0S"0CPU\GR<=O(Q)6&DM_
M6%=4^JN7,B8QNTJF01ASM&K],<JES4H[%.0L#X=W9/K*];(W'P0B$(3T.=AP
M`D0L#NSE4'8L<GMY6_/K8E*)KSP')"!8>#C(L`7.8J!=SCA["O$W]?)':@4]
MDH@NE*-%E<MG]7K%%D8'UNUUK^"8*\\0:A7P(7H-"$1@T]J%FZV3"C!TT/"U
M(YDYO%YCQS[%4&=($6B^1<7EK(.UKB-%LI>)QOE2_V<H.BX3O$7)PU!81Q%%
MK46GP=[VUIQVDF@=U>G62L-0?$8-Q4U%X;##THQM!TOJR@8/)'UZHP#<0V-H
MV'I-8R1,A>U3YD=A5,#`Y6=4S#/^2X"?PPRO%<+(L$C+\-GUSV%44!%4OO?T
MO<CG'3[6(>Y/DX+;9\SJ-P`G!*ZDDC#YF[!-*.P&,+8?V:SK4V64JS0/_T-&
M4)&-6LXW09C"Z049C/L?=.+"QD6=M*<@@IZ=OY-H!,W?<P!OMASF@0XR3J(P
M<1P2Y>637,PNHR#+PG$XK*5;+J."G:[-D"\G)V<NB^>O$<9D0;QQF@P%7"-8
M)2P(CK^&&."!X0JP0XUP>+S`)NTA#:=!.JLN:@]#^J,PS&8V&'".(!;70FC\
M.6"$!(99T-SV5!ND;+P!!H!#G5[?E)>&S,;VW/B3&K>MQ@9<$&D\7W("`]$"
M_QCT'+&.G)B5=6,[@R:DR,)@YH,"<PABE38%Q0Y5M8:H@T@6/ETXMW><8T2'
M+.C>?F!@$DDPK;6D+&KZ.C[MZIO[I1#'+JMV"HAOO;<U-GD$:[PU41G90JM8
M(#=X;$K>WA$8_WMEAOWW."5!!%&YK]0AZP^'Q;0H#[1OXX9=:S2/-<:G+&.J
MZ*DL(]VU7!\2OZM7;6>VF-5%;#=;(&6QR]DB&A]81F`-:<NHY6Q1@,2@'%:O
MFBTQF<"@GV.^V$L87?_>926=\(.(ZC$-QDNZ-":+_N#`+*)S`F7IJ,T48SP,
M:@E]QFF",_;:/$4U9[,Y"O"**)ZJ+!PCEX+!.(8K`N@G`TIOVY@SX`B!=ZTM
M`A.5G_-J]X;<SH:5S.H@VE%T'GW?X^'\5)6,%">USE"4:PSE%*V)CS])#%#Q
MVP%WJ%'VG'+N$=+2&00O<9A,8MC9?T^B41A/OO(33-H-"LPA<K\-Y,)V+UHC
MLI\JAB*QYX^;R5!0W+'=H,`<(O_;0"XVITH#$=\#50XGB[VKKZM?MAJZ:CLT
M,(K()3>0D<K$,<;%]P"6P^GCT(_GD6K((7"#R(<W$(2^HS+GV3QB]4'2U^0S
MVUH(W?O%11A#5A?O4_XP5;@T$(W^C%AGWO\P5[>Y@@XO"ST-W\BHB,A@W+CZ
M]42H0M$MF9K.<.DMNYC=!?].TDOZJTF2S@;CY2FOPA4J&Y\`E!`X+59$S9]/
M%I'"D)?ECVZ=N:R3T9*%^G=*U[?L?@R00V3M652&[N8H$\%=F*V.]="A#7D3
M_B2C^9I/UWJE^X3,=V#M1F0K=B(D_LP20?(Y[HRT3FZI:Z>$I0PJ#:Y^7M?=
MZK<O2ILM\UF@%T$TS`KHFSHI8ME>4_/MBLLL@=T2O<)=@?,TI1E#!KH(3P7-
M6>'%?C'++<K"8<'N[T_/*0FR(IW1*?TU^2!I#+0I;;7"=X$O!`?'8M3Y>Z8*
M;U[KG,/0R/>GLFX?;"(/"=0V'P;14_$Z"C_"#*H@*RJ?RB#`*8+PAE@.(BW4
M8!+%]FFJC@[3C^>U<I>3_(J\JBV`@C>!)P16G!AQ@<L@Y0Q#,W8'>NHPGG69
MI'!:G!.0Q=+>5M)4X;O`%X)HDQAUOJZJ\-;NLKACG;-W/_:19.&(CAT&T5V2
MYI-@0BZ"X5]DU)^0>"@NV*3\/B490X:M&%!VQH8.?QAZE&]?&2UFNG+!OJ<Z
MTE(?UX8`PE$[(_Q$54T6F[W#/Y%6NJP*F4RG)!UNR$=[AU8;!KA%[=&(6XAK
MLMGL(?Z)U-FA-W291)#2FU;7T,&D&KQ&X:3J3Z2HR=(1@$?4WI&X+;@ZA_:Z
M?SO00GLEY<J,U[*A737;I1L[^P4@"K6CPF_1+60(0S]N!_IESZ^Y2V(RNPO2
MOXBJ8RQY"\Y44?LP[/Q!-:Y6&F;[IC5F#:V96O-`TG>2%T$$*W@_'EW_7:R<
M9$H52&T`(!JU\\%N5JW-X$KCZMW-)7`8`<13AO\<P39L191\(Z\%,JQNU`Y[
M4=!?YFGX6L`'*/70/308PJRNH='J2;%O15%)^LSI68"KQ@-G&$X*+`A.X-SI
MXX$AR]2A1CC,$'7:BN(,PS%'"Z%I[GTR)##,@L8VU:85Q<FY0YW&W&:@ATCC
M^9+C*[8-_C'H.6(=.35KX^*'^W>*J1>+#4&Q_?[6$'V&:P5G6RG%[+A$W!F&
M)%XKDK*HZ>OXL/S]756(DY[#;/6ME/\\Z?FL\NNB,K*%5K%`;O#8E#S*PJ]E
M[NWB^MX]^9D_)A']_N3Y!XD^R%T2YV^KM7XO@DP:];+^/<`/47!(6>`F,Z0=
M1/L:S`J20>F!K\I]+O/_)4'Z_"-Y?DN38O)V$WZ0SB:CQA>I)?X%D;>N+/3V
MTU$?)+^+>6YE0IY^06GW<27_%/Z<2_Z9Q-N8CY(/`H(([$IMD5N=CFH88;A:
MA'XV.LQXUA1\?TS%4B[&W4]$\;<`-P2YT]J"MC8'E>!I453N\TP_E.UR5F7^
M9YB_)47^1.4>D3I0<`459JQTU3'Y&"#G1P!]5=3M)Z`6/ABNEJ&?@1Z$:KJ8
M:!OZXEG(I11<^_G$@J'%W;=6U5"]FC8>A%4XX335RL&V/D/1.O`L@%**M[-X
MYCHR&"[G89]O!WY%35;C9;9GG/Q#@)AO49(#VU$2,3;-*X7[6<<1B3_1D8VP
M6(>3COT=P,NWJ,B!S:B(%!H,]S/13SD/(B*,*%A'LXWY"4#)M^C'@97HAP(J
M*Y=2]Y.,(PT/@A[<2)?MJ2;_$"#F6WCDP$IX1!F;E4N[^VG'D0G:H,GR7ZTF
MU?)?E-M#WX(>!RV"'AN<UQ/")!<$24^E;UM)`W;H8CGKJ';20^`H61,??\X8
MH.)W"I4SC3H]=!@@Y)&Z:4N$\2`F8+G?D_PR2-,96/-3Z%-BB(;.)P`E1$%!
M`P'KSS0#?/S.*G8X`Q'N9&N'G>`W4^DWHL*@"%DWDU'Y:X`=@OVPA=C;SDM=
MJ/:;I*&L'`87-30!Y+^,(G<]156^!M@A"CD:B-W*%-6`RN_D8X=3%&&O=88F
M;&%>"C4,43C20,!6)J,,'[_SCQW.0(3=WA6CTMUYE6J?H^@=(8IZ&@C>AH>I
MA97?.<KN9ND1PGB/(8?`C;]QF2.CN,R<9[]3C1UJ/_I82\OD8SL?`:3\C:P<
M68BL*"+D=PJRPWF(/J#2.BG9UF<`+7]#*$<60BC*&/F=FNQP-J*/G;1-5K;T
M%<#*WPC*D84(BBI$?J<L.YR*Z(,HS5S:.I36R31D?P$*?/H;*CFR$"I1@<?S
M;&9W\^\887C$<GZSK<\`6OZ&7XXMI<4H8>1YEK/#Z8@P7M-VGJTHA[]1EF.C
M*,LZ\SN0[MQMC6^'$^!I^$9&140&XX74!N,G0C4*ZL8,AW`:DUW,[H)_)^DE
M_=4D26>#\;(M@D+K(QN?`)003",KHN9/*(M(8:BG[(]NF76<QX%2_3NEMDMV
M/P;((;(.+2I#=W.4B>`NS%;'>NAP#[T)?Y+1TF-0Z@/&?`?X0+#+=2HD_LP2
M0?(Y>KTX/#!#U/(2P4&8%5'R-;T%,LWL?@1M7[^F24:=QY0$$13*^T;_1;)'
M$M&93_'9=WS5%G+/9=579_T]>Y@JMK80''_*&^"!P2ATJ!'8>J!OJ^-K#U.U
M50.A:6Y[,B0PS`)+'5_/3E'6KW+>S?/L%-'JSY<<7[%M\(]!SQ'KR/F94=*$
M'Y[?^3FB;`<;@MJ<*E8@^@Q1@)Y975&_*OOT,!0#M2(IBYJ^CD_SCN*N*\39
M*<JJ@Q8+O)V=(C#KK8G*R!9:Q0*YP6-3\BA+^UTFU/V*BZ18B]\])%E8Q@M)
MECV_!;'=]@BMODJQ///#4EH5OLELL0&4W]6:MC,YSXR._C5W5U5A'AS.N_I.
M)BF9!#FI`NK]X;"8%F50_39N.*A&&W)'M`"4B'(!E&6O:\!U"Y]!\:9>-6/C
M\B.CSS%G4;9>D&E&<Z4>I-^2>$+2[C=4X5<!2P2>F+;PN]A058#RNW#3EB:G
M49#;\H9:K[ZU(%UNJ(:T`)2(XN+*LK>]H;:#SZ#0TV?<4%%&7V2:T?WFN;+^
M(XC?:`NUBXUR'90659H0U*G9T@3;QNF53'`N-T'U5=N3L[!5V=K>]/3@,J@4
MM;K)/2.Y9K65HX9SA-=_.[]E>7:.(#AC37S\;<T`E7W!;$/L$-[;[?)0HY-O
M`HZ((C`&*J`_%VT`YO?1AL-):R\ZTU:\BPCYTKB!QP1;?T=?!%@015H,),HV
M/[N%R_>C"H=S$&$IMBX/+SKY)N"(*")CH`+V-TX5P/P^PG`X:>U%<$S%NQ$)
M[WSCE'R1PM)#%*TQD*C=C5,-+M^/)-S-P1["R(VM0XK6XP,^"&(\+41K?T-<
M!\?OHPJ'$\_>G01347:_V3%6:W\C,^S>N_;AV9FCAV[O]#B\^.E-%:[>`8(@
MC!51\S<RBTAAN#_ACVY]<7@'P^O*6KT#1!Z>167H;HXR$=R%V>I8#QTZ?Q8K
MO/4.$#EIG0B)/[-$D'R.N]VM(_\9&?XZ23Y^"TL95!I<_;RNN]5O7Y0V6^:S
M0"^""+L5T#=U4L0RJ\B:!^(Z;Y_9U()>X:[`>1IH1K`<BO!4T)P57NQM]`YD
MX3"CY_O3<TJ"K$AG=$I_33Y(&@-M2ENM\%W@"T$<1XPZ?\]4X<UKG7,8&OG^
M]$1UH-Q$'I*(;AK#('HJ7D?A1YA1S5"S\]0&`4X1A#?$<A!IH0:3*+9/4W5T
MF)M!C1L23N+E)"\[T2CY&OPW@2<$5IP8<8'+(.6LF=#@G;8YC$I=)NE[`GX>
M(+JTFI7T3?@NY0M#5H`8=;[&J?#6KC236YTS.T1G.MB/)`M'=.PPB.Z2-)\$
M$W(1#/\BH_Z$Q$-Q>53E]X%DC#[""J#LHS8=_II'T]ZIE+WC82YD]W`IJIU6
MK0T!A*-V#/AGN)HL-@]IO=,ME_70D^F4I,,-E+5W2[5A@%O4/D)/7.)<C\VY
M4IYYJ90.O83+)((DC+3*T``C9?`:A9-20U3U43H"\(C::^@)O09U#IOMY+W3
M0GLIR8/\C:3]+"-Y-6>EFRS[!3A;16WZ][@YOT*&FIW./=.2WA=[]OY=$I/9
M79#^150=1LE;0!YFV[X$CZTO<JY6^G-[IS7V3/H'DKZ3O`@B6(?[\>CZ[V+E
MG$ZJ0&H#`-&8S?D24K8N:3&XTF=Z=T_*'4;&\#2#.D2PF5H1)=]4:X$,*_+K
ML!?:94I&8?Y(/Q!/LL&X84M0D'@N$?W3(N#8L%%OXW7(&Q^BO_GS+1R^+7)V
M_@RR^LYN?TH_!$;O99+E;GNJ-?&X2Y+1+%.8*.R7J,!=5FVYIMJ1QD&T29R2
MOR5[';A#8`4IB8`_D16YQ)`(N05Y.HQ:S646',PI4V&)^0[P@2`>I0D[7T-%
M3-H[L\:LEA;/?BY(E/Q8;DI?TV!$I)8\_R4@#M$:J(@EVYR7<FGOK`>ULMES
M(>\3^(1"6&KU02`"@4NHB1E;J9B<V3O8P:Q(+M,2ZSTC,-A,@_5]QB]=%.<E
MBIC\)#:>PT.@.?H&)MZ&\8/@F$<3=*E2LGBTER:&6B<=ALTJ4BX"`\=C_278
MWA"$OC2!E^DEATM[R60M9`<WO)[I5[+!F!.$5@C>*(Y"^3;KNK0U7I5N."J/
M`_PB\FWTI"10:DW^,5@%3F1OL?;[:W;WFK$"QE+/2/8JK&&(EEQ=@-E.DR+3
M!A6Y$-7$<Z+3+CMP+0]6-!/Q!&\"3XC<,UU9\%=I.<^?=EUV&J-OD4\J2Z_L
M8>H;I2L1D1&MP#:&.+X397::D=K93:(>IJY+NO+@J[(*UQ@"%HVD`\7"@HPW
M(%O#WKD3,_5BD0D!^11?TR1;JV%7II,TG/?+12T3YO8HX77;9`"`B/Q'OHC9
M1K@#J#HH)O-)]0Y%V31^^IDH!U%[',KO$0(7V)&8^;N5+H`8'`H7RG.*HLHG
MG\YODNYJ1F,!WXC<#5UYM=/Z=10PV&PN->'0R\;L6^TCVSM$%&8RD:\@U&0-
M'[^[>SF=@=OHOLZP/:PVD]48'UCV;/M9%Q?GZ,(B.KZWZG)BS+D,J%F].7&*
M*(2F*P%!"$W$[J?U0%RF_VP[A02!JVXJHU9)%0W^6:<=#F_`]3](&DS(RD4X
MP&%!>IG!S$J/_S/,WY(B?WXCU^,Q&>:#\4T8!S$4$_E:!&D0YX1D;J^S;5>_
M3[^X]*6V?X)%^47D%^E)R4:*5,4_AGW+B>P=1LZZ22>A/"%R2W1E899.4O'\
M:778Z76`[M))*&>('`A=B1BGDU1L?\YT$LK[3A:F/?V"X7S/5!ZFZ205UQB.
M)FREDYC5A)0<ZZM[*7P71>L`W^8'`11$]@9?;+(4D0Y`Z309Q&^M.?UB5N?+
M=H2LH2]Z(;'U%X$C!'YDYR)3.;;F8(/!/N]&\BYKAC$)TS_D8[T,VS\BLT4J
M`DW=7.<3@\G=I33IIF3D*3(WHI6V?:JKS-?P(XPGU5KSG%R0F(Q#NN@L`ZT/
M:?(1CN@8L_6%*$E%)[H.J`$X$;FG2K)GVT#NP$.[(]B;<?:N8#Z0=`C*-<$Q
MY5R0`X8$]@UI7?KL.><0/;3;7&LSS.RRAZ>'=(CN94B%TO[4N6*8M5]L^]3Y
M*9S$96W8.)_W*:93$EK3#>NC]LS50?$S9>J"CO^78HQKXWF(V#F<0W3U>B=I
M/GN(`-Q*$]Y!F1:$2AB2#P`<(IHY/`GP)XPRB^CGRO>,C(OH6_@!<_\Z&+Z5
M99?G5T;F*1?.IM)C$$^(PH*]>(ZB;E9:AMV,"H85GJVL/06?1Z37Z["PC:!-
M^CN(F!I!Z?!$]4\23MZH&3A/:5(Z?&*^`WP@<%#9Z/(7.!$O[8Z2[*F'RP2I
M,`ZGQ53M?+WY+-"-)$"]B:;`0&3P@&65<%G&(_BIK@;-9X%N!.=U;#1%?L(F
M#Q@<6:XYIFB"2]\':\[A;K1T[?B&IY;;+AX&N$6P9^E*1^7@08EQ7`'1;8G<
MY?5E+G&J(6#Y`,`A@B774#`&KN@ZYQ@R@+8CYR.'EB&7P-K1'LNFK,((P","
M*U);*`9:O,'T)UV<'5H?7.(N9A`S5HC/*(P`/"*R.31%8Z#8&ZQC4.QMB=JL
M)F[7\6WZ9:5,:H41*(^8RNFJ2\4DYKW.-6I-MBUEAR<U%P45?!A/*''UC[?3
M]S3Y(.79GU)80FD,X!-17%M=,GQMUN'[4^FS0]OY&PDR\I9$(VTM%KP)//E@
M*V](@:^[<FY1!^5L:ZS#N,5-D<9A7J2$4G<3_H2?U!26_R)PA"A.H2X#OKY*
MF44=FK"MKDXK-4_?BYRD"\H4+]4QWP)>$'ELZNCS%57,*89&/0XB#PY=-:/\
M#T1NER;,?,5<9Q!#X1=A6M%]D*;T>Q_$;=&63<(43P3Y+U()F%W@L+0`4#$2
MY6F^\C!0CFC!ED(L.,]C\87!2VLEG0.S$A+LXHVKX,YDYRO"=X`T1(K#Q&U3
M6518:K>E;P/Y+V8M'9FD01E6BC5];+*XF'`;4WN'9/DUW%B(A^1B]D<"A-2_
M_YH2BG;Z_!;$EW0#HU;4\M*$@"/;GX(YCF!C5Q$66Q,[`L15I=RMJ+Y9NWH[
M*SG8.4664=4:C!=7\WXGH\F\0ATU;6*299`FG65E,DH\NB,!&$;P+\G2WW)T
MP`9!/%9%?OQ-W`X&[2)=VU%CHY"J]/;A_Q1!1.UO,MJL%E`N-M204KTYJ#(4
M,((@CJH"-GL%-F080VRJI5GIEP=_@*E($Q-,)3_]`$LK%!,1'#N]1'-PC&!S
MX\'"7EPVZ<>1'G]P[.<MB8-C)'O-)IK\V<_B`8L:^'E+XN`8P5$8&TV!&C!X
MP'`@V\Z*<'DE^8\@#8&,A<-,C3^XE'XQ*V^KEE'HO'0DRK_,%'8[DR$!!40[
M$U-$?+5LP3$&[46D`P[7TG7"F"S,E(ZK=88"KA&LQ!8$QY\?!GA@,.\=:H2]
MXXK[).;)5&@V*+T+I"(ZOC!`F>USJ#+^R;748?2#3=I#&DZ#=%85CAJ&]$<E
MTUAO,+`[$<51#(2F:<G(D,!@P[2TP%W6ZJV)>1J2F,*?*)A7S'>`#P2NO1!D
MON:)6$(5*+8@IF.G%]XK4K['V3L9EI%ZI;V!^Q[P@\@&$&$NT#X)=Q@V^DXD
MY[2P<T770TH^PJ3(HMDC>4_2G(R4-FW9ZY2[$T3;M$P*<MV4,.JN'EJC1^H@
M?R,IY/JFY(W$6?A!+0GZ'/&X8N#!B</P'`/*^R0GJO4"9:\#=XC";CST!9$%
M-091SPWO:VH>G*!H=:$`-71T+N%6G4`M1P=L$)GD/-F)]AX;_/O==-[*#'$8
MV'XDP]4009$KB5-KHMCY"""%*!C.DR1_OEB%P:"YO&#:;/L2BP+7EV]P]IO=
MQL]O!/Z<Q'#=E@(VN+QU>[NE73C)+"W1,N55F?$EK#KQ"M:[P!>BO8P)ND)X
M2<`:"B>_2_$YW(362%(*7##?`3X0;1$JF/.U4L0A!FVT*C6'0<_&7G1/\N]Q
M2H(H_`\9-;J04"+!?E5K3ZTY''"/*$0JDA!?5PV9WCDU=A@Q;8C@.0WB+*JT
M9_3OHA*`KO(*!GDY/<34B4@D#265E;/J_RFFRTM="V*^J786VW@!.$`4C&3"
MJV!@KO.#2J]:2>?$X0XNBCE=D'&2DG77.Z.[U&#\_/]O[]NV&\>1;/]E/J`K
M?;?7FA?Y5NTY3DMC*ZM.GY=<M`C)[))(%R].J[_^($A1HB3<"()$@-;#3&=E
M"B!VQ`80$0@$O$\)U`8]@TP0[>M<I?%9VQR\V2"%HQ/#YC6P'?W<4VJHA%ZR
M&&@U(G$0^8HSQ>2GJ-3.$=D77+6JA_H,2*.:YZ(XEZZ*N122&7RT%[/IW*(9
M(UH/2V6-HCAG:)K&P6N6YI';:)13K<%6H]`[R`:C@;2K/+WM1ET`U=(B-;><
M*/7F_9@D%D/,BD>!BKM*S=X`.\8P]*YRE+S2&H#USU#?\ZV&#C1.^T%]BV%L
MZ]3'&/K>58Y1ZF\BX6>ZU+\+;1M&-7&K5]+3Z95*5:_R%8H8%R*GH9G\%4))
M5="H4]A6C]E2F&][`8/<+W+[0/_8:H);>R?"QYB2TYA"US[0/][-.^NE^BP&
M9`V>J1VC#*(*9%[[0/_XK'\GH<<VHY[6#_2/,44O11HR>:!_?,XQ1%RFL<UP
M8[<'^IB"AR)M&#C0/\=V\*IG=CJ8-:Y2#J]!UR`5C#&0JLK4SXPTD&-@-5YN
MV`R+ZPY=:?=JUCE(!I&K9T#)YN?8EJ0P&#G(^>3@WJ1D3C7K'"2#:'\RHF;S
M<VU+5ACF6D,[S?7$RV-,M\"9XE4(!.[B054UII%VOIFK&4T]??#J$W#K23(,
M*R]F)&F<Y>]=#M+UHP'PK&`4DV`6WGU.\MMZG/$;Z1N@8B3BKB[VR6@2OMNW
MI0TQWJ(=GV]:\#+,F"S>H]B+EP^+=ZJU?(RY;C<1LF25K?00RC-IQ]XG_:MY
MYN>O*S"2G)XBVF+]EDU9@FWPX05S^`'M(_'FY(5,LC@O1:B2;>8"#M`W(N^$
M2TC^'N2:J#62MON7:'K\S:(+0S>+#256-9+$$!@M``,B9X,K9/[$X8/2R(7N
MWRYH\7QWLQ1!`@<\W1.$&5UCAN\D+BZ"%$M46;_BDR1WGVGL4;U1NX<N@("!
MO3Q)1-'BET&F&,^:=Y7.GS#M"^>074WE8/%H>ZVYN\]W:A60HNJNVJ39:T6Q
M'"$ZJ.8*6T9X'C#]U-#^[!)'%J-/^?Y=KD@J!DSY6Q@W=E?_2!AW8L%9T?'<
M33HR7)&:&<D*/8"D+-K=S0*]1XBL;759*\1.JP#M91I?9TD`#Y.^D%GN*3=^
MZIX9`MV4*-O]WDNV@#KWPRG(U@N7Y3\\DR2CW)),`B-]PYF(1:O_*8.#F>%T
M94Z&LW+XLK6=UP[P(+"X3>I&L"5(I(#J26GTT\!J:?*R["EUGJ@>LR!Y@U$.
MI[?D56WKD/=`,5X@L,U-ZDNPTRC+`T."4U?ZMWD/BS4N53]$V);BPG1+2UT3
M?/:JX,7`VS9U>F'1S62-;;"`E\HU0!4-`1$B!U1%^O7XN073[3/E5FEM\:1Y
M*UV`-5`)-FE[P(?H9%5%%WR2JZ)UO")51Z:'S6*!S.5*GAO.:P9H$"WEZO*O
MN:!OH&)(F6Q!B1:78J:JZ$?5KI8)&P,RY(MP10'U.+F'$BLS#>K28O3Z._&#
M;#$F\0)>.5*[V\IL`S@0Q;*5A,YGI@BBO6CV)JB2FW*6*`/?KCS*H7:.PVX$
M$K48F]X>E.K#-)Q6@`5!7%I)X'SBB\&9=?IL3)K&!T"&[AM!=K;*Y<7R=S_/
MSR[-/>&>=RO<O'9^!9]'1.Y=L>SSF3W^9K:$,5%:-4N3-%AX*?4EUO<&UG_8
M3!4E.Z!.5X`:@<G*UH7`0JT/L=DE(7,<TS(J>>=Z[U'BS8?309*0]'L0!HML
M(:2(K!D,$(&UR!8;>S51@%--=+2I>G,;Q6/P=Q;X0;J\CN(X^D5-ZN_>)^`N
MJDU+.:#4'H:,8'-A"Y)-ACJXJAF%-EEA,3RGLF0P?POC1A"(8TM3X#XR,#0[
MS3-GQED\(%[-$34:5'\+(D1P`,R6IH`&#`P8PEFC./*S23J,7TC\$4Q4'!%6
MDY_GY\<6+=G5D))!Z*\&E2C%X[CM``\"&U5!Y'S*R<`AHI]9Q9DS=V^BT,^"
M5!P+W?\A#`*!2:LJ++9=PX346\Z8LY-SE^`Q\%Z#.34*RX]*&21J!@-$8!6K
M"I+-)P6`&+*<6F&7EJ'%9-?O\^C5F]]G(=S:?@P604KDKA>_$1W<"0)K2E6(
M;&9)X9DKUI*0R3]FT<=O/@D*2M$_[#*)_M7/1S+SYG=A2IDNL*@8OZ2F8?.D
M(=51%I\5TGOW9S`^!(817W+[%.%`,+>5M2QN<^;,M1?^-9P.%B0.)IYTU6#\
M&H:#P+#A2(F].O!AN,*`2ZT%@6W09NDO+R7Q0S*1V[2[OX6A()G[#`EQK%@.
M"`QW>UMFC<54DC^\.(!4M/+V?S&T41S`=8_BDO4DH']4"O_4ZPR0XURB+H5I
M)EHH,5P);GGW,^>8?7\-O(=0ONYM_0Z&@,#UXDB&O>:Q`)ASK5K6MSE7"<1P
M$\7O2@K?_!"F%@*7B",;OL;W$'3O]6AN5.8*4%[/,_(<^#-QT@+CES`,!(=+
M'.EP#%LFA&8'SPC3`D]LILALTNW+NZN#R=]9D`1%-:1EY;_JW9Y0ZP[0(["X
ME53$-VTT46.(-5O7_YG-%V1`WYOZLH^*E^(XK0`+@B6VH2KX+!?#KEKJ/5'G
M\94Y6VTPF\5Y\4_J\(23X-V;%S=,'Z!^,=5-GG0WIXM.&GWW_B(C;PF#&:3?
MO12*CRY%!RL-NZ:KT3<$]J":.CA'+V9$X/8]7\/L/[%9/W-[5&7(X)EJ&.ZI
MU,.TUQJP(7!YU32@NA[S4&*(`R+BM,6,L.U1W9)D$@?O^;L?TS(V!LJ[]A)I
MAE*=KBAJ3$4LQ;I19;L2Y!Z:)"<VRU5NCRJ7]`MEDN</PZH*CFJ!XW<#:!'9
MTV*=J!)7"G=%VHM>D=;<^=Y+%K_/LR2_J3I(1UYQ/67X*R3^]1(BA%%,A;DJ
MLR4PFFOU`Q"012GX@F9;R#IX5U2\/)@.N6S-I2F\D#"(8K8NGG)&>7,1=Q6:
MPX`1G!*JB95#6768*Z9>'9B:B]3<D6)UV7@F[UD\>?,2X@_2898FJ9<GI)6J
M45QM9=T``">\LR/N^:0&W#+T\.U`X5RVYB)O567\28+96THU\4%B;P;1H@D9
MD?A'R'TAH$8/=-C'3CA:1]PX6CVD)6</\;)<K,=H7+/-FJ-4YE'<&)`YX88=
MUW##."!+1CM:_<XXH\V9O*S59#BMF'B"]5?:%H;JA+'+OXRDBK%DJ,X#0WUD
M*,HSBOQA")]NEA-@X"R/[^1W:5=WI;6/+V0=@T2<L)W9MZB,":"<)9IU")!R
M'<W9A9I&B@OA+7"]Z)A*!-/-+K'>S')]2P`EUWMUS'%BV9;>V8ZK:E'`)&@-
MV)RPID^DUK0<94G-7AUFG%@T.49Q-"'$SU^OS&\'OI`TG1.5-X9$30&5$V;#
MB=!L4(!8WA(XA-D*>:(Q*2IATGMOTBQN4>F!8CQUPD@XJ6$DB)"6!#_$Y'*Q
MGIJ[>L'5P<I"&TX5#D+4.X'!.V$HG'+O;]0&6Y+W$'XK)&OQ7@B,8SB]H>(/
M4KK(Y"5-5G['N@S@C?=._X6;FZS3%:!V(M/B5'@A1`-RR?V3`_=S^5J\W,W2
M7K')5LYO-4B_UP?@=")N?2J\V5T':TESZ]?WC)+5HDO($G[5%;_-8L@VR$NU
M:G"6UQ6@=L)E/!6ZC!J02P8?,NH+^1HL_45"$GOS=3;B**-_2$A2^O5YY2N!
M<:W4G@[YS`F/\)1?#JP&SI*M5BMHX&'KF3E_<%T6^YG0/\1%F$FXSDI:P?"<
M\/C.N!Z?'%W)QXL#'W-1FLR,?TVH[+UX>1/-YU`2RIMO#H^$Z6VBAC!()SRR
M,T'NNP+`DIB';/="FB:SW2<9B+)B:FWT($QS%[2#(3KA.IT)\MOE^$I6'C+;
M"V$B<[1^A%E"_#*2<Q,MJ.$%8[XG1+KT-NX7Y.&$"W96VP6K@[^L`O6M3Q&%
M,W->E<C%'83^EG"%QVYZG5$PYT[X6V=<?TL;=$G-PV%<+F&;E7Y8.E2G?LU>
M`*L3GIRXX$\]M"79K1:W-TY9BT=PS^2]J%.3K)Z9#F%'#%)O_DB\A`Q?Y\$L
MIY/T84WEC@"Q$\[>N?#XK3;@DKL&2DDBXJYQ%^Z9?$3S#SB[S->$P2PF>8@'
MZLW('3E1:QBN$^[<N<R=4T!9LNUPAZ,0J;GKRJ,L??4F?SV32?1!XH`D-4-A
M2NUAR$[X7>?<"\IU<)9L/9QW%4(UYYD-TS<2C^)RLV+I8#"E?_$OXL7#D(PC
M^,/X5R0@L&Z7%-B%$U[:.==+:PB]I/GAH"R7\X6Y@[(ZBJ'Z6"F&=BA:J?4[
M!7!..&<7W&.VQN!+LA].X0I)FSN%VWDYNZX!HM(<!NR$D\9^K:HFS)*JAW.Y
M0J:M/75?48+XZJ926QBJ$PX=_UTM58PE0P]G=(5`S;ES^R_/)^O0CGJF#;<Q
M#-8)1X[_$HXRR/+5C,/%MT*B!E_A*2H/P&WMC+98KB*-E0PH`4GEC>E@,;S6
MHR92-DF5098D/9R7Y1(U^&[0,Q6S'^2$N9M.HSA-5GN8],17TA*&Z80WQ7]F
M2`UAR<W#W;1"G.9<IGWY/T9>F%3NCNAS5=@3P'#"D>*__JF'N.3RX:Y9(5YS
M/M6^/O9W/7@`G/Z[W,FJWQF`<<+K8C\5V@AT2>K#J5HA89NIDB0%D9:Y(Y75
M2"W+1M(<T#GAMUV*$Q_58):\[E4MLTMS_M=3!H]#CB*J-/\A_"!)GITTBJ-9
M['%'*&](!WGEA-]UR?6[E`"6]#J<>Q6/T%C,4:Q67Y8`J/X41NV$"_9-F&W(
M@&3N36=$!+.84:A>:[`6/%%'@-@)'^N;,*.P-N#JV]3U5M4/$K]&O5M7CPT>
ML6Y]I'S"$8ZX10=6W$8P."<8>LP_3I6!*PLQ'AS^8JY;+"[#UM6M6F%1=D-`
MY(37_TU81D8*$,O+[T8K,**AXHT7QTM5%UW4%%`Y0<>3&G1D0BR7U</)?R%/
MBZ9M:9*-O"6\J'B3Q<"/0>@_1>&D^`\)+H4>`*,3IL*)T)A51UH27"/Y"H<9
M^S)Y(WXV)\/I=990`25)Y=G[Y'I9^:\QR$+F=M?L[N?YF=4;9%`M?O`I?4YX
M_3L8+R*":XJ;S_Q=H-4'W[\P11O;(`F9_&,6??SFDZ``3O^PBY?^U<^\*O==
MF$*!0#XM&;^$42*R*32%O$],/E0,L2\$U+1XBK53T%*^C.XW``2(3JHT%<!?
M3[F(J^$OM_5W9;%$_O:`;J.%%X2U,!1-?IZ??T-TE,45LRK/ME!AV,(-ZLED
M?<+7*(8(=9X1])W`6:`P77K_YS`@1"=+`IFQXZ("3#VCC;GH^K67$'76,'X-
MPT'D0P@DQB8-'Q(&D\P@9RQ&'K_3$64+*(F0'_<*:29L`S@0^04"4?,W-Q$P
M?'94(\J9NQJTR6=95]BHE'61KELJS6'`B(QW@4S9"UD-C!A.5A`XFVA>PU)P
M5O8;4`28:CAH*D#U0*:"&`-[C>CO_!L:!CYY"Z*TU/.:431'B-C(%;<JW_:0
M8?`@6M"9.0=T\/X^#R8PM;][\2P(I9LRNP$,"I$3*I$=>RL6(NLID<RYI/?$
MAUOW]UGH)^"9*=))U`P&B,A)E<B132H%?!@\UA:H9>Z^UL#_=Y:D4(1]%2E2
M7:I$[6"(B)Q2B20Y*Y8"0`S.:0OL,N>DKE[&AC=ZY(S:_2T,!9'[*9$8AT4<
M4/@L=A/,.39G.WU_#3QXWZEZ*4)*(7XC&)P;-M0QUX:2HEN1ZKQ?I#HR6*F$
M2O`AG+R0,(AB=4JQFH#(T7IW>_+C$TJ`;44GJ]<N[<?$].I`FD$_BB.XZ3V,
M7TC\$4Q4,ME830`%HL5/4PG\.(4`,XO#__U;%?PC[;7\A]V_WY(*^4Q)Z),U
MN#VYT"GE_6,2+8KT3SH;L]@+)V04DT60+9+_LD2B,1WX->W_K\$K71^\B2P-
M>._W=#DXL3@)[H.0BC'PYK]G'A5H2LA:M#=1F(\P68]9@JU67X`;T;3AZ84_
M+W305F,QS1/Z+4VU?-EP>\(9K"X4S>?3*/[EQ?YP6DKHF4Q(\`%BRF4EFS^U
M^P$(B,)+/!&S[2(=I&;GC9.4-1>4^A'Z03*!>T;$O\_2+%[/[.ME4=11F;5U
MNP(@B$)7/$&SB:L)MAHD_:+<-1?R^A$2+PZ)OY+\,Z5._$$&X;9"[NAOH%9I
M#1[K=PL`$072>`K@<;HQ</U2!`ALFH?P/HHGQ)8QLQZ'XNS:^SWHP%P$9U<L
M*E.'VX8.[111#(<G.O:\D*%RVI!_)K-L7J1IT9E^&WP$/NU'PZ(7DXCS&0G5
MZW0!RC`7%)=]M=9LD/4!0T?@_FI(6S)A%(&[.(%&)$Q`-2'=+J-ID+Z\>3'=
M%D=S+[3F#O].0CBEOZ66:9;`Z*A/M1YF\9!+1-5'TE4I[&OZ>SITV2PTU3UH
MV^(-9:6Q`KAY1.DKW>^:=@O20.2W&U*N('3<3$ZLS*5N9OIC%,[H.K-X"*'L
M5O!!K,[QC82&TYMH\4ZEFJ-\)O!@B']#Q9K`6D1>O82:\JNW215G>+/.05,V
M2\RH#OZZ.GC5:=ZP=Y`-HF"'$47SY[H98=F;\O#R]&IO7UDC+RE0Q-;1+'S\
M+9I3<21W?V=!NH0C9,4Y+6X,HK9X[YT]N/J;L'(_@!=1@$9).?QY5A>VO1FU
MFODC+TZ78^H;)-ZD>$[<5KD:SG@4)Y6L.<C;XOT*WO#J3ZP:/5',9XAB/(HJ
MXD^N^M#M3:_-F-C6ZI,7QQ[\URU)O6!N;=;5+Q)U:;!,0=ZM,$ENYU?P>02!
M&9Y8.&>J>^-O=NO#G"@M.O^K=\'4;G]7?POC1N"FLZ7)7[Q8&+#0P&8Q@.(9
M%S4:5'\+XT;@O[&E*:`!`P.&BSIY)7-P^E[H+N7%0:2P*3#;4$S'-OV7U5!^
MA,D[F033@/A*2=C<=H`'E7_"E[G`+9&@PW`+L17-F3M]S=]4'U#)^WF!:NF-
M'L;/Z8!.$-GC,L&QC1D!,+?SP-K@GU[N,)-_(_J)>!RI,Y#=``:%R("6"8_-
M02$TMS.Z<)\FV*R'N+DZL0E45T$,J$--[;!\R-?+O6#V`%):Z]V3:?B=G^<7
MF"HO&E&^R,0P*S8<)HE[E+NRZ,QI1),NKA`X<6WI01#*W)$`"A?01;9;=#7'
M00H@'D(?TJ@R;Z[`?&8;P(')Q32L'_XL$$D#0WT)@QJ^U*L/T!*./X/T+=_W
MX?CD+7@?1W=Y"7HEAZ=F;X`=D<<ATD\-IBIAQF##6->]N=M\_X<L[Q;O\VA)
M%(H7[/\8!H/@X*"9*-D.,1?L@8%4#N8NYUU'^;W(VR`F$]I"H40VLP$,"I'9
MJR=2-A.%@`]6KJ8593/L8O!@"%,XQ+1^!)$1@32JM;#<"U8Z.9<LYCP4`Z%?
M49A#6[^%<2,R74SK@S]W6%+`8-,TT.2E7B%\0S-66U\;%*$/&6S*Y<W:^"1(
M$5'$A*5AP7[0GD`P3(T>4<Q<]L!P$0:O60*?D/H,>[^E0\%43;U%:;-]"IY`
M#FPW*7^#-;N?29+&P20E?CZ.'V$@3U?@MH&A8;)]VI,^F_TRP6`(E/=H%E@\
M/BU#>/DEHN$[X%'*B^6V`SR(XDPMJHQO;<F$@Z$:=8^FC[EB4B,23Z-X`54K
M\C'DWY5'7$7-8("(W(86=<#>2A1D@Z+P<7^F@SD/XG85'+SQDC?%J<!K`M'X
M_OL3_-K?$KE@*"7?HRE@,>^A8CK#[J]D3#';``Y$.0PMJHIO2(D$<SC8TPQ^
M6YP<TM'S!O\8A.0A)0OI*6#C#X"$,$T[PYIO$")6%9T3YAP&HIV?N3@5GS)8
MA%=\3`99^A;%P7\V10I,"XSW/9`?IHEJBA`MS%")")V(:>.8L!8/\HMR5+D=
M=..]!ZDW+]2YJM#LWT=Q4:+Y(4DR<+<E`JG='^!W*2BNJE#^A-,5$0K3U(T)
M92Y/LE`-:(+X/T*J@$KT-3_'NRD*]3^$4!UGO%L=1Q#3:-@SP'0I(JZJ-W:@
MPXRPS):0/\P]I@[-Q<WWE)Y7=QV_>6%[DU#S$P#<I7B\JB859V,SJ3F>.NK&
MM#3Y>L-*A55E#T+_*0K_-_/F>>F#ZC_]GK]:YH]B>-0OO?>"^`]OGA5WMTM#
M:$1BZ-2;\>S+]C],A73NTEF"JM;94[@3659C-H>)W8Z*SVU'>U[E`%YW`=Q]
MO@=Q_N/B02L509GX#LBK;]&=<WETQZ#HG#A2Q#$Q+49UM`&L5OO[*)Z2`&(0
ML"=LJ)`\U)BP;7X?Y-NWJ-&Y,&K4E4A7$_SB,,&E^K)YE]%0T/[#"^9PCD?9
MD5MX'1VW['Z62O.B;[;WN?@J9;N2+`]?OAVFL4Q/%S8-:'";BCC*;9:_\94O
MQ;EKM9.EDH_[]SA*Y%>6-?H$.?3-,+X0&\8-Q%3.KL/9IEP)-JW@FBJNF$B&
MYUBE9Y!)WRS7"['EVEA8Y7P[''W*56'QUL]@GG>^NMZUAX3Z'/2/L@0"M4X`
M:=]./R^$MW]JR:6<,+BOTN&8,!9K&*QO=)'X(Y@0-IZQ][EZPO*><J_^A#+S
M$9!4WPXX+X3%#8S*K9R0N"_GX9B0%L,J9:WH527I<43U"R7$X!T\:KA0RX0-
M42(7W6ZI-"[[%A:Y$(9%&DJJG&:'+'&I'B[QA3V*D%;UU/GND\23()&G@=?N
M$"30MX#'I4[`0RZC<E(=SOSD&C!7>:2\VDD7P$&2D/3/.$C)<#I5N"6[VP0&
MUK>0PR6WRHA$"B6;+PY)*2W.`PRU1T1V^U,4?I`D+0L'C*/4FU?_'=X0>8K2
M?Y'TF4RB6:AP%:FU[X(\^Q;KN%2K=-*2*,LUX/*PHTD5A3T\HD.#PO*ASL3J
MK^!W1[:F-W,P(/F^A5LNFX=;3,NW7`BN#@N!5'LN9KM4DY>[REW;_AB\-M:W
M$,YE.YDM(OF5=Q\/^2Q2[3A9B6.E^V&6)JD70JBOR'-J>:[N?0_DU[>P4$L%
M.B0B+&?L(4=&KB`7,\7S__<'-<;6D429!6WR4R"UOH6TQ.\'M""]<HH>TFKD
MR;R87SK@`;C[.PO2Y4.8I'&6GZJMK^ENWPF`^[GMFL;U1P(R[YL#?-[L,07C
MPEW-_X/S*U^:+<:SV^/%.IK2KJU==QP@[[[%N\5O*'<MVG+C/Z0'RM?L7L[\
M;@)B-8<!TN[;O#^W-.^9DEU-^ZU3K__^K2IB.O2_RG_8_?LMV9//E(3^YDQT
M3_J+U\#[QR1:%"?GMT$RF4=)%A-F'9ADYV60:E#AEJ1>,/\O2U-P,_"\TL5:
M1ZO\-#AO2/(AOU94E`Q>*1QO(KM-V:SSG^>7-G.7'2Q2?(DI@]F(\@5+BV&Q
MH:CFZ2#E;&;";$JDUW_:$57&B6%]\&<-2PH8F-]$DS;SZ?7UM4&!X_$'3'GX
M+`TW,#+U!8)A:O2(8CUY7\2IO'I]5?%GG$@P**:,BW:4BV>D74:J+E&E^!O6
M?`LAE%W1':JKJTKKQ,6I*(V8_9&'R:V'1+>'`=+&-*U-T<=&2)0I68V*\%=%
M2#,D,XC3'*X#J:B\EX<HJ+,G+D\P!7!,D0A)]D0N7(VJ]8>EH[[6>YEXA3;S
MXO($T1&),0*AR+S(15MU_^M=/GXO;NNG7IP>%@X5O6,.>_=PX3A%%"`W1B`<
M"\=IHZ<TBH7C+CS8&RI:/W7Q]E3-=*`_23![@TNT'R3V9B3_QUMJD:Y?=4&2
M$"8=)^C+I<,&50+:SQA3%7WUM8!#,966&/$%XJUXEZ2:XP1]]2UB>XHB8JLJ
M>E:6JS/3IMN%I<]A62@?CG=5J3-(T%3?@KFG=H.Y=>1^N"6GK-1^QVKQKB;J
M0P0M]2W">VH[PJLJ]>K;B8?@;ZLK4;^#OSU9B<[Z%C(^M1TR5I7ZUO-PAW!R
M>PO1V1<()R.)%H.T^Q8,/D,1#%Y)EI4AV\WU8?:EX?(ES)W+PSG"\KWZP^UA
M[@72JV\VX\KN74&X^H8HKFM$^8*5Q;#8,-QZ&0<I`'H(_>`C\#-O#N_*Y/*"
M%>\M>!]'=W1Q29=*=\!J]@9RL!@=&4ZGP83$2M>ZMGX+XT84+]"3.I_G+*SZ
M*5H8CC2MLUS+\V:^@)(;)<.0"%F[_T,ZB"-$CJ6>"/<IRP5:-<O<XZN3AH"+
MYV9=NKU7WS"=5QG6?`O^V*[H#G<151UDF\^3?+WX2M^>)+D4/TG2L63=-CQ=
MW,B/M**S3&.U#$:55?%C453J>KEG%0H*^YCJ'@!C"I`:5B3;9#8HN&9!#)=9
M8S%0:-N?/4(0]#.L2OZ&IR<>UKRP>2Y0?<OV4$A4*1I\Y*(9C>%QKZLC1":Q
M$1JT8`Z+9(?!U44^-VWF,F%XJ/WJ&%$XUX@Z!7-,5SZN%[+!/0>/74SCV4]Y
M'X3^W>=[$!?V7$=;IO3[(%]$?JD1LK2WBZJ*T_7R-+@7A",7CX#P/+)Y=83H
M@,@(&=J;\#SQ]:&4#.Y)?NSBQ6M$D_P80>S,*!FZG>3'IWTH^X)\BCN\CZ]<
M0#@"Z62*[WT/Y->G??RXU7V<)[ZFMP(/4URB5<QW`;DGFRI5><H8T"@.)HVO
M_)D;"97Y29\B=L<M/:^B*U@,!4YP3_D3S.$Z&1]*E:.8];4&`Y+O4R#OI%D@
MKPW98BA&@GSN8W;:Y938"^?:G?VUA@/2[Y/+W_"EBG:DNW5U_[`$,`TVA[-9
M*H&@-F>^F5&`K/N4_W+<:OY+/:'J5U8]A/<5EW>'8W^N+1.87J,Q0AP,RT3E
M%9HC[6/`0_A0HFR'C8E*R-GB*J$X"I!UGXR)EAZ>T1)JN4IH7!(_K!)*RL9\
MR-`D`-U=;4'==PBN,+T\8X1(7:7@JPJW7#U.L-SPJ9A(>0[D>BFL9D@?[OOP
M67:.N/17D>L^R-*W*`[^0_P?E"YQ1;$Y`ZZ76]O<,_#?Q.WA9A\'R?8I`'K>
MJ$B8$5EBJ!S69\9>?+-:!E`?TCZ@QT:%1YI^%"2):.YW0INZAHHA&5?O.AV8
MVURJU,I#ES"A"RKZ1>(5O$4@LZ/:_#1(%5$R1*O4Z6H=8$H8A870K]6@+Q;!
MC_=W6ZO!SJ=!JIBL@S:IT]%JP)8PAGH"/5L-^G%,:NT6%/ZWVPR1I),CT2VQ
M'AP!XWKLQVFGM?M0^!]7,T223DXVM\1:+6B`BZ+.3G;;AY:O<I:\RK>$G6.L
M9P*UZ>C?WT1A'LC.O#D<(1VKB+G;$5$=X'\#S1#1)`N&%<%7;U<?EA03FK;^
MWED#'O%3:G@\.FIY2=$8$>C@*X0=%5Y&LR)X_=O<*(IX]VLQ0A?'[&^"]]E7
MB&Z>=54#1D'8U?LAN$CN['+A<*#3M4SOLZ\0%#WKJIZ,@K"K12,.=HGEA<;A
M(&MEDWJ@!G`0)L&DB[1P[G=!GE\AZ'K6U=U4IG@QU)WHV2+@</"ULO5LLZ7#
M@,C.AR%=^"N$4L]:#:5*Y8NB^D3/\[$MNB&W*\.0PQYX#FCS.-#>AD)AC>D(
MAU-F-_RGJCKZ.L@6D]O1!9'X2T4WPL:0G-EW4NN]8FCH>3;NX-3>8Y,T!W2(
M3C.ZT25_SBJ*"\.D:Y\8)E^:W[-^Y&_.<YJ`"A#9H8IRW*><`D8,-.NY*8@N
M4*0-26&G;.&+($-,P:$N"--*^KU$P(YGW:,BK,W7=HV&+90V^A:^"#+LQVFT
MA"6MS'2)5%%L^GUAJ5:DAVG!WD=9/(J",/U_)([&OZ)Q=!],T^4+^2!A_O?Y
MGX:AW+"MV1/`P!14:4U1;!-93UKZ3W?U[C#6YO33LJ[9TP^4?@>'\+G2\S\!
M-<91KO]TN?GKE^!3/@<UN@-`F$S=UE3&F8CZ(JL:K\UG8W=UL=*]NEBY&Y`<
M2E[MUS*BFK9YWKKM]^T=T#T3.LQ@0G'D<V$0^CM_\R,,*)@)5720+G,MCREA
MKNF0_ZH7HS#Z:2K5'CW-75!$8%.W+TD,QC7N6:SW$#=SS][HL[AF.)Q6]%7L
M4W`R7M1,)+[2K&O<+T#$=.!A0E_L#=N$F,SNW(>9MJ4Y9"4BJ]DJU3*?D)Y2
M3(TDR1;%WS79(1M^#"2'*/ADA`;*>Z(9V6&HZH!\;IH+'.TOP]52P8VV/5%'
M``)1V,B(1E3W.06Y5&L='#8VPZJR>:@J.P"LK)<FW#V-#X"$$,61C*B[W@:F
M)2\,I020SSL\`1B#!^^FYF7C`5`)]^C5Y8(N#>:M*7E6[_-W&^*]):^IY8`N
M'<%&CZKK!+,12--F:9`U76!X#R$=5)83KO[\Y74`"#%%;D1J4)E7$IPH0I5F
M^8DBX/'=2[,X2`.2#*?EXR?KE:`^6]6Z`_28@A8B%:EPMQ9J#+EKAIEL+CQP
M]_E.(")+-\AP$KQ[\W*GOLU(OJ<&X0=)TCS@,XM)\>ZQ<LS`0.\`%U,@0:03
M=H#`G!"J@3,'HP9FYX"YY([-NL)5T7?B!]D"EIFG*"7#UWDPR]F7Y(;I,*P4
MBUJM36IN?5>?!X%A<OI%6I6%V5J7DN/!.;/3S-PEG+WM>SF<_N'%P>HR,J%T
M3._"--_608'4?7LA,]"PQE1J]@D*'-6C@R+MR*:+$4E4HU^NI%!M)`;RJYJ)
MEE\.W'*\'A7K5'!:@7[,I4Q4A71-IE%,7K+X?9X5%'F*PDD6`VD%4U"U"Q@X
M,G>:+U[V'*L)M8'U%J7>',&V8I2U-KWQBIIDGG;EIS!J9%XT7[8"-WH?$H;2
MZ\8)9K',1G5ED*Z:XD:`!)G_RY<WGW1"<`UJZO9Q9;1X?KT]JM)0?/92\I+"
ML<Z(Q)"/[LUD5Z?5.P+$R%Q3OE[X!*\-N%K?M1[I/TC\&J'P,XW2WIRGN?V1
MT@'Z%_%$=W+XC>C@,+WB(!8AVU25@G.[?*AI+MI\Y6![5#?>?'Y+UX\[+YY3
M5UTECL-O#,B<\+G$Q?^50&(H:&F<EEH^D\(26<KP/HKO@SA)X;+=VR`,`[K5
M)%Z\5%XV91T!""=<*'8E>&W`6V45#^NK7B7V>D1^(9,H]$TPF=T3P'#",6-7
M*=='7'+9T=OMQKF,QETK%?A(_T_34BB:`BHG7#)QS6P%B"67K2>'&&6DQ41<
MMJ,!<J\%I]J0(L)4^5DL=U4V,@"67+1[+\HP%\\1>5)QO`S"V6`19=)8K*@I
MH'+"BSJOY44Q(&+)`35*2(OG3MNC^A%ZBRA.(7L=CJIKLY+1'O`YX5Z="T^H
M5'%BR>PTRD^+QU9EU'KD+2$)Y*8XI!F$OO(9ED(/@-$)O^E<>*"ECE0_=P9C
MH%^I(OIN@Y\71WI7FMM`\.0MU*J2\9H!&K0,KHA;=8'=0X9OWS>B,X,9P^OR
M?U`6L/R_S1$?'07]0T8Y<9L1J!KX%F6)%_KC7_2OE_?!A[Q,HZE/`'"TOOR>
M?MAQ*L.R<+RJC/F)83#'=ZVI84A`\'44E3>N,3&:?8("1W6?5JP?V<0P(@OW
M[Y>8G1AZ-UK9$R/X+,K%!I]4$:`JCIK27U&Z4E.:JRDO:2F?%2;Z!\AH(QM[
MFN%,"8."</\BB.'Y8.[\^?MKX#V$DQ<2!E&<IZ)**<YK`@-#&_38DQ^;M1)L
M&-X";X%.9LNCIX3NA>NY7LURWMG]WH(X78YI;VK%TK7[!8AH_<0]3;"):4(`
M#=)[^[F,&G1$5[L=J&G?+ZHL)RP#D/Z%LEW1[`,`V@TG5'`!U:0DW'X@H(4I
M8<X%S4V^]<L,=325+U^@7H7Z_8:^0:%CNV@JT!!GBS`L#+-W36W,#6/7KX]L
M%NG=)H/*>WF,%H`!F7'.%;1JO+P*#%^H7%]1>A>)41ZC'N&]6UR5MBKC=I'A
M._ANP#HT2YSNT2;>2\%5&:MRK0**M;C9J-TPF,UB,O-2LJEE`7]=J?#2JXH.
M1WI7EYG6<&YV0>HK,"&O@BDP:_=_#(-!&\+8%1G;/.6"ZI,/UIQS-I.&JY?#
M)0"J/Z6C=B(Q^$B<&,R`U.`V9O\NQ!_9O!!?5<ZFZN0S>5_5'JN4(WL(G^@N
M-_Y%YA_D>Q2F;S+$C?H&N:`-J>UJ3XW\NC+`9PT;X#R2Y5BJ$[A#/OX5F:3Z
MJDM8.)U8WMG7[@U`1_%0CFD[PV*0H;XJX"S+.+6A4Y`$VA#%KKY,DKL"OH=5
MIX[TKNA;HC>$WDVS&_H$.:"-B>QJRR"Y*]A1/!=CFMM(*JJIZ2+X,+YR0Y\@
M!R<B(NQK_R:PLYY,<9[;;OB8@VE*8O/TWNH6I.&$9RF^_=\0/KZ4.\WCB>,C
M-,=Z!C)%CH_06LT5<:N>M>PAPW><;$1G%HWBFRA^CV(OS0^27LADM0X(4WR4
MV@(NM$;NGOCYC%0!V5-:]C[_^/@(K:FZIPGVZ9T)`1SN^^U(VW+%*J6U=_-#
M&#%:>W1/L.*M?PL1OO"N$789O$WJ2G;[\3':@XH]W;#76:.2.-R;VQ;[L;E[
MI(YEMQ\?HW77]C3$,4`,"^.0W;Y)NL93BTL_?15;O2VNH%5C$E5@^/P^;44=
M?T-3I[5QM/KX&UI[N"IM5<;M(L.7S].`=6AJL6J'C]&:ME49JW*M`LIB=CL=
MTMXKIO=1_,!X"/C[^"D9A/X?#W=]37<_MGG)#7%^YS&VBW-\[1DZ9^;(`)\5
M8H#S+N52M)7?>8RWC.*NK@QF4FR@XS-T#!#;C42*]O,[C_&67=S5ETER5\#C
MBV\;H+=+>?GMY7<>XRV=N*LM@^2N8.]A[O*Q7KG#WN5W'N.M@;BK+9/<WF#O
M8>[RL5[IPI[F=Q[CK9>XJS,C#&?![V$2\[%>047DC^T<XZVAN"M[U2`D$Z+^
M>]`]O/-];+!&8OEH3/)$TN'TW@OB/[QY1@;^O[,BV`KQU<%D$F?$+U_U$)R.
MZW0'@)SP!OGE#QO`/KPMO25BBQ[D=13'T2^Z\B0_0JJ3WS,O]JBN0&/[)P\2
MA+7ZHKCQUCG<U0Y_&=?!7'V(VOWG?YKS'T^5N58>8#O&6WEN5PNJY@H?Y]:S
MUCB4:H"@;;VRSM@T17:&K"T,U0D_CEU]K@[&PY/3VP+M_QN!QTZ4G3MFEYVK
MCW3K'>J#E4"%@B9;;[TJU<*R;@58G'#]Q'6ZQ.BVGJYVG[Z:J7(G>A<*D=Y:
M.,%[=[`B;E7&[B'#EU1D1&?FPF8,E[:2@2B]1*+2'`:,=FW<DRO;A*V!LZ>4
MLQC/^D[\(%O`*9#\"3%A&XK#C2M\)^PK?"K@\&6;F:"?P;MU?WAQ`'9Z:;;?
MA6F0+J4WEE6:PD#1QH7VY,E>Z10Q8LGZ,G9-[=AFR4I3]U"P%9OD"EK5H*L"
MP[>Q:BOJ!,^%H<9._`GZJT,G=:X.[2+#LM"98!V>&F':OC>R!8XM8U6N54#U
M:7&S60CLA5(A=\^NLX3.Y"1Y(;,B;T'..&%;P(7V'*8J>3[Y5/!A<!_:U*'-
M6XBKH2CY0EN_A7$CXIZ*C`4L9"##L/HUTHZY&G,O=$I/X/5Z_SX(O7!"!F&1
M:17FJH9$;FI/PS_(ZQ[5[`J`((H&LX3,]EDU@;K]-%0COIH+(`_\CR")XN4+
MB3^"B20ZQV\`@T(4)&8)C,T](1S6;MKUTWJ[B_1+MEAX\7(XO8D6[UZX+/_A
MF209I9W=H@,M;OVG%VYN_:<7[FS]N8R5M_X<F>-;_^F%N:W_Q\LH>YT'D]4F
MIK[1BQO"(/%NZ[D`V4NK$BSG^6-N*[9J.IY>X-V^<R&;,AUSH&X7&V[$5W.%
M7]<UR8?O)%9,.."VH4.[1!2(9HF-S4`9(@P!Z":$N31W=&O,USB]1!1'9@FL
MGJ^1P\%0JZ`13\PEY-]$H9\%J<IJ4OTA#`*3K<T0$&\)8<!PNP3MVBE]ASLI
MX4SQ=)_7C/KCYQ:/7%\F;\3/YF0XW1W@0SB-XD5.K^OEZA]53EXT>J0RN,"W
M0_)4)?`BM:&C\!5P4.'TW&+JO6"<CXKI""I=`$I,3HFVGJ01%14Q(+(CVU?\
MB<T*7L]00SXCP_2-Q(57&7CSTF:3P!.VI;@P5>2JH0H^@U4`]^*@I@/2VRSM
M]3LU4A^C)!F&MR0./NC8/L@F00'J28QBDGJ?$J2JW0!:?#Z<BH+X4Z$F]E[$
MH+J8%>8<2ZH"4%("6B)43^L%JZ*F0>6&<^C?1S$)9N'=Y^3-"V<\4\Y(WP`5
MG_NJHAVV5VM*(%7#YS!/!)JP>*\QW_['5&MCLH!H:+Q\6+Q3S>89N;G^-S>P
MDA'`B,)G,HEF(=2K>`COO#B$@BV4,Q)A&/P2R`S?P9J*FOE[D'GQ:#P3=E5,
MOY#,O'3UVR\Q`2VZY%LK[=TGC#(+DK?\HN,4DDT5[#9A>\"'R1E75XG88%,!
MW:]0;(L3P*+3GB]\#^$D6LCB;95?TC%C*GA60\R2'6`+7K6(ZH&^?+GJU3QC
M.AJKJ$@"67IA$LT#'W;"/P)N_$C<"`;GGK?,KEZFA+1!F=6O15ESOO%*)_=4
MX^/8"Q-ODN<R_!FD;_F2LDIO"&=ERN!P^N(MR%U^OUC.:KU^`:)[/C&_E)H)
M8;A=J+7#N6'P4D?YQ5Q[HKR[K1_"(-QS,-G5TKCH]"NG8JB(W2$=+7J'([K%
M3I9OT9RJZIJ$9!KDA:!OYEZP2!Z**G>^//:BV@V@=<]7%)=6JXE]J^:JB[76
M.IP8-A-[R)SV.?N=*C3VYE`;W5\$80"9+'!Z<_?Y3L)$FL"AU`E%>N:>KWDJ
M3N6I@[Q!>=BO-B5LUK)9%PY2XO[.KV'L[CFJXHHV;(C.UX+MD,WFG-25#NK%
M5?B-8'#NN9=G7/=2BK1!"=BOY3R>F7,>5THQ'EAIU"]`=,\U/>.ZIB:$44Z.
M.D>=7W-R&+SS6'Q1;&SL_Q`&X9Z'><:_QLA"5_)1Y]SQ2X56SLS=:5Q]L4C4
M*T[1X(!83LS=%G`-PCUW[XQ[S5$,LZ2JSAGCEZ+JN57/#K0V]CY7R\PJC"7U
M\)BM`(M[GMZYQ-,302TY?CB4E`G98J&6)Y)*5VWF;V'<[KF"Y\)Z+2R`)8MU
MC@^_UDIM,9UVD"1$^K1C\2,8J7N.W+DPB74+64E89Y]F1'-CU.(YRR8<14>6
MDT"A(!B[$13CP&18:^N"SW\A<`R7H,VJ\]+B2KL_**7B%[QF@`;1:BP4>1W^
M;:'#R<#&>K.8G[$7G51Z(X?3"K`@BHU)1,YGH1A>3TEH<8_.SSF352!R'BR"
MHH2:$A6%;2FN*T0[MD3\DH-@"4@4]=>1&)P7%F-=K1:BQ13WTM8,G^<J^.U5
M1EX7='P([Z-X0G),B:V"Q^O1*!:XVOL]K!OF[IULZ+`KINOE[R2:Q=[[6S#)
M!T55D8MN3.5_3;_PE^B,HT&W`!#1A.$I@'/JT1RXV\5/C/#;7/Z/2!_74>B/
M:7]&6,WN#,`@"A+SA%V?RT*X;A<J,<)@@U=)RO+]SR18?ZE\DS:AZEA_?U-/
M5IW1C3L'L(@"&#QE<!AN"K[;)4>,,-Y@BD^IE74!F-\SCWXO):0HB;0(LD4"
MA2>(7Y_IM3L%<(C"(SSA2QBN"UNCFH>`V5V_A;*[<3UY<7'3P.ZK)\]0K4C!
ML5S_[N?%F5[0FWUS%[H51IYV?@6?1[3([XJ%3?W]\3<+`9H3I<7`\?<@#!;9
M0NU)]>IO8=P(5D&V-/FA"18&+#2P&+K][GVJTZ#Z6SIN#*%9MC0%-&!@P!!Y
M76_&P]=Y,"L,S.OEDP</E"CL#[+F@-1FC2G&\(K!*1U[R)H#.@1+4DUE\$FJ
MB!?#058'FC67HKW^6@)%NLI"JS=1F)O/\D<CE-K_O#C_AF!AK"EAMN54!_"7
M8./Y-W,1]TTYQ76D09V*\L8P6$31<T79LGFHC/;+!QS/]![3,7U\S-)VO>-B
M;@^`$7<D_8S]7D]]C!B6U*YTJG>4V=ZV\:B8$RYL"[@0K<'JFJAGF^[BQ?`@
M68LZ/35HDN[&)>'^T"0E_G?8&H-TF?NV_R)>++I(J-X)51!VXW17T#R+H"9D
MMP_3VURA#)JTU0OTZ\_ZP_":O'GSZ7#ZAQ<'498,IM-@'GBIL/9&[;X`"J+%
M5D7L;&[K(G?;^&V5XA:-8M;85E%(NFCEAU,:Z'9Z`(R(C&(5?=0S,=AX,;QL
MUBIO+=YOV<1['J-?)'XFX*4'X6QKASV2`%3K!)`B.E54T0J?O;4@]]Q2/OMF
M\=!AHXA_!K.WY@P6]@)8D1]![.I%A<(JF*MO7/22PQ:/9RN+2>"]4G,OY1>L
M$[:A.([<<?QRF2LML7L(JT]6])&-1^:\M?L,PN_K#XZ\97%9KCK)!0Z:2G,8
ML$,^V1'7)ZL!UNT7*%KEKLDW)]9YNO`(V0>)\\L\+V1"U>1?+Q])"M(<3F_H
M?P;I8!%E(>\X1;L_@.20UW4D>%Q"'[W;CTJT2G=SB9J#V2S.W\0K1+\;_1QF
M:9)ZH4]-M!OB$W\<K31*A''C!KT"/(=<MB-N<FAS&31XQJ+O$\#<58#Q6Q#[
M(R^F6^UFK1)%CUF_AR$YY*0=<9/Y1>@:O!_1>SZ:.[<K5HO]"W'T_]W/@DG^
MYH>XMKAB#W38QPXY;D?<$[MZ>!L\^=!W%A^;\P!W-K^5<@@L+69,"M4>`99#
M?N(QUT]LAK_!TQ"]9[W%([R''>=('H-CM``,#CF+Q\(C.CZ^K7<B>DE$BV=R
M]X0D\'18M%@$20(CRY\HD"#BM`(L#KEPQ\)3-S'&K?<9>I]):7&EU+G/BJDN
MAKJ$^53<Q?:ELG@M+HX=7*%#M%RJZX//5$7(&.Y'=D3@<YN98C?@,9#X'>(Z
M3]Y"A;2L)H#"M27U7)P1)H")(07,H.(LKI_/Y#V+)V]>0BJ7K+9'J72+3KD?
MP(MH116H1+#9UP2+P1BPHFAS1P&[!6R6:V>46O_O7KB47IY4[`&&C>BXH*ZX
M.8D,M;"SZ&J[=$]E0UG74?3FM_!V</":P;?W@\QVJ_RLRZ(JV2E;/Z9ZL/DH
MSGHP55'7*82[VP[P8#).6,+FK_8R6!A6]U949M$L6940WIKK*KL3MQW@061V
MR.0N8*,$(0HVMJ&]QDGE"9G\8Q9]_):D[S%@.<K_!!B.*AC@[W[>##@C7?TK
MC`>1D2"3VSZ;MG'TEC.-D[AK<.;I7R+.//V+C@?50T02N7$XL\:!(C[4`F>:
MOT)0@S,/CR+./#S">!"=D,ODQN',&@>&L$TKG&ELK-?@S+V0,_>YK#$9VQ*Y
M<3BSQH'ALEPKG&EL7=?@S/C_BC@S_K\P'DS6L41N',ZL<6"XG-8*9[JT@9_^
M1VC/_`^,QQ$;^()O`Z]Q8+A"U@IGNK2!OS^(.//]@8[GTA$;^()O`Z]Q5"]]
M]8DSEUW:P".AKST"'_72$1OXDF\#KW%4;T[UBC-=VL!_"CGS9RYK1VQ@=MG`
M;1S5RT:]XHPQ&W@"9V+QLH"S^H]=)*N__CEZY@QY\P,8FR/V,/L%A#THCE\0
M:H5]G4:4A\*(\A#&XX@US7YR81O'UDV>7I'&W&VRE^QU'*7>?/?86IK)(&Y(
M!XGAC0958>XS21GBUL69/I',X`N?3[G.O?E\>1M\T(4\F`;$ES),T`J&YX@Y
MSG^G4XX/Q8V65KAEKAQ'?MDB/\F6EZ[?^RT,Q1$3G?]&)@\5CJLG;;#'7$9?
M_CQZJ+4\R9K"0!TQIOAO]RF"+*G6N\"EP7K;-X4W]/).)E2`$RF_F+__>7&!
MJ8JV3'1L4HF0E4SJ73BS^?TDG3##CQ=)F.''"XS-D3`#^T[1'I220V>',,-*
M<A<&*ZT_1>&/,$B)KVAT,7\/0W+#@+_@5TL7(2LY:#?$WBS[V^*[*.O!/"K>
MG=]O``@P48PEWGU>2?&@2'DSHAV;U6VA@E4P"=XI$\)960"HK,.6!WDDB.0=
M4(28ZMYR5<#GH#)&%*F[1CBI5^.V34XF(T(%33DS@VM'<90DN^%(+:;*NP5I
M8%P_=]55E[_*R#&LM`;>Y3O7*P:*P0+!5.>3)UF%+;P*!_>UQMU_N5Z.Z:>&
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MS#W(,?8^K[W)7PH9"CN_A&$@<JBE\F)3B`T*PP7-EIAC\"4+<-S?HSA5,Y]8
M/X<!(3?)MR3'X1`?&89;FRT1R9PI7KS->.=G$S4F,7]/AX3I?$0J.S:51-`P
MW.9LATL&GP+\)_'FZ=L-U9.<1CL_A8&X8FSSW_?CH,)PK;,E\A@TL,&*].+E
M/Z,L@4=BI=8UZ_<P)%=,:_Y#>B)H&*Y[ML0E<W9U<4H1Q<-?(?'5'391,QB@
M*Q8W_YTZ!808[H:V1#!SYO?:^55>K9@-8%"NF.#\=^2$V+;NB?:,3P:O[J69
M#_D0$75FY-?U]GY,!X/I>3>IU-@\XN)"<?FS'0X9?(8MOSLTRE[GP:0HSRRW
MPGE-8&"N6./\5]0DZ%#<]FR)5>;,\JU;0W5,*7XS&*`K1CK[`3-%A"CN?+;$
M,'/&^@L\_4:"6?A,YI`\-`C]E^QU_;?R[5"E/0S9%?.=_4997:@HKHRV1#YS
MACQ\=_X["#"$A"3YPL9N`(-RQ9`_YAKR0FQ;-[%ZQB>+F7XWT1RF<NS-@_\0
M_Y:\II5WC81LK-$#Q7CBBG]P+,P%5`>+XAYS.WP]L7BSX9DD`7AI@3?_'L7I
MS)N1X@SWA4RR6&X<UNX'\+KBBYP([S#4A8SB_G1+#+;Z0-YB0>))4P*K=@-H
M7?%V3B3OY]5"C.+:;$OT->?]W-!]*Z-BS;^BF`S$;0-#<\7+.>%Z.3)X);%Z
M>$1Q8LZS@>L[44QMI7K,XC6"P;GBX9QP/1PIOC(7UNIQ1;-[2\V++>N/O/77
MDR]0E6YFB9Z_?RJBPY".W8$>D;WQ70Q.:067-0=TB'9A1674XRT#+X9[*AUH
MUMP._?L\>O7F]4[LN&U@:(CV9T5)LG=I&<@OPC2#]^UR@;ZD<3:!3_CUV,9I
M!U?:$`45%24J8IP8*(9]N:%EV*\W@"]0/<G`$C9_3Y7!PG!]J@V5Z56BQEN,
M#U7I:HG<!6R4(,2PX;:B/6-OS!@OY'GA2#'K"W8QZSTHO:60N5"PJ6J<CI2`
MO6"7@)4A<]\,:_[JHN72>A>HWFEDB5?!\-K%@^':L1GMZ%4]<*@8YP6F\@E<
M%?`YJ(P1Q:9IAI,6P[WHBG%>8*K=P%577?XJ(\>P@QLHQGEAL^AQ,PL$TV5]
MGF05MO`J')3%.+/%PHN7PVE1#W.9/)-@C786DQQ$0G_ZXV4KV`UIW;NA2/IW
M6S<.UM\:OI.XB'8Z7&SS2N\NG:&$,"KE('W.5[/O4>0O54HWLAM1))@NXC'%
MS)]80DP8;!'#FK)HD]Q]YG-YOC\XI>1#67-`A\C&$*J`ST=%E!B8V8$^+48-
M5CKSO-7(5"`QVP`.1+$#1;'S&2H"^45H:7'C+J5_HD'+DQV-8;H?HRAV.2U9
M(#%X7^W3TN85F97TC^JS\FA77XA.%Q6%+B4E"R.&T^X..&FP6%;>LW<\C`>O
MT0=18)JD%0P/45!549KLTR,Y3`RQ_@[X9M&_64UVC9UY;\]"Y,<H"EVZ!K(P
M8JA6V@$GK7LQUYY7?V?>;01(W/)CV'=BE%!BJ'W:++JH5V7)?,R*#BSTO=@?
M15%<-W2UUQ9P(;(/F4)7BS7RH&%P5=I4WXE%WYFU9&R-47O%9_1"L9XB\J]5
M]%(O*LG'C#4*U*JN[;XV7-'G8%!CJQ<U!52(%MMZNA`>I<H@?TD"V[TH457)
M:)XE^AS>;0W8D+OY?(THTYB#&H,YT3F3[3X86]6*/HMW=8D\(L#7A#*#&8BQ
MQDA;9:_=3.FJ1KX'89.%>*\YH$,>0>#K1)G'/-A8`["MDMENNF!%+8UL"L;F
M>H;(MZNG#U4B<T!CC=FV2>,S-,Z=-H5W->FD8W=6P[%C`,80U.V<NFC<NF;6
M!&M7/7/2K3NKX=;Q4&-X7:MS)ALLO[[ZP#M\P%N`D*/8@X/S.!_`(O^FPJ,D
MZMT``"=]N#-^9?;Z\#&\Y-7P6,UF%5?B$W^EL2#Y2^4T9K\%8$"T;C(%+#A"
MXP+"$"LPI:`SBS&`G1&MKN^06*EJ@+@Q($/D__-EK\P_-D`,QP<MJ]%<G:Y!
M`EW[JU)62ZA6*MUXN6WHT,X1.>9*<F1OKC*(_>?8N;EGPG:$^4P>4WE=8'XC
M&!PB_UE)DDHLV\>(X?RH99J9RU`>4LLW(5XRBH,/:M44#X^";5.68%9Y;%R]
M$Q@\(DM.2=)L&M;&C-#8,TU+<][NW2>587I+/L@\>L^EZH6>[TF9*&P'0T3D
MSRK)DTT^%9@8SFY:YINY&K_Y&Y3K+\AK>C%_#T/"ZRNPY<=9W`3PJH<I%-V4
MQ/03CX6(N*//AY["BIG_TM5(BM[3U(@*_%QA>L>:*5YAF)F-!\-*9T0[EWJ9
MQFS_83:+R0R>T,@+5@VG>242XH^\>)BE"<1!@W"6KQ'C:#/51<Z%7H\4%J:D
M8J[<.=Y&(]`8/%XSS-3+%68RLU)=YYE,\M`[G?Y)_CP5\:^7CR2%G6(X+?:N
M0O`"7FKU!Y`0^<-<F;-9V00R!O?8$"<MGFMP-""!P6D%6!!YQ5QA\_=F,3`,
MKJ\AREG,T^7(>!B.O,!_C))$EW[5'@`C(A^9JX3:5&2`[(_=:#,!EROO'^%[
M8V)6^P"<&+V7745H4),!$T/.HH'JFY>6\Q#UG?U+3/F&/,DJ>,M5..BK;T8A
ME-H<3HMJFH$W7S\7]$3244P60;9([KPX)/Y#.)EGX'R5?PT'0POBWU,!#D)_
MY9+ED:RBKF=`+)?>-#"=KLXM9J??!C&9[&A!`H'5A**X0!00X$F9/[4$H#`X
M_"9H=F%QU5[-XUH\8[8!'+C7\%S.?**)4&%PXXTPS=Q9=E[,?"6L0E;[V\AZ
M"#=1F`]!%/'4ZQ!`(?+F>4)G1Y8:0:[Z^36/AJ+4FUL^&C+"9HOQ@=SBJ;5J
M,EH`!D3^/T_&_#63CZGJ[BNR\ZI@9YB?`/A]X*?%0,&V4J@]+QG_WN]A_(@"
M`#SY\KG)0]3@2)VQ;G;CT+U,WHB?S<G#PRB7V.KMA/5ND=CRLNBFY),PJ6Q<
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MB.%(SG$>FKMG,T@2`N?[U-=-HGG@@S7ZQ\.=_,*-N"$,$E&PH!4-L,]KE.1B
M=O/5FSP)F?QC%GW\%N0HBZE3_'EWTA1_^U-IKV+^EJ)NGB;18+S"6<KY-1TS
MAJ0(D3SW"2C&8F[AM:`+B[[1CY=Q3#QJ=BX'H?\[9`F&,#:ETE3"MH`+@1\C
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M3S^U]UFU;@`M:K_D4ER?MA[,:AWO+T1GFXG=T1S2-F)O'OR'^&`8#5_GP2SG
MEBJ3I3T`1M0^SJ4X[5L98;6>]Q?BK^%::?FY0[%.J!5+VVL`@T+MJ+"S-:6`
M5ORZ^F+\,N?7?(]"LOSNQ7\15<=8T@I.P5#[,.ST/C549<3[FXNNBUX*&I,U
M(Q*_DS3SYK#V#T+_[N\L2)<U"*36`0P:M=O"3NJJ#;"DE9.G=U<6?8]B;RBK
MQOF5A#$E2TW6'-"A]C6NA+Z&(KR2?7:+E"&_!7#Y3:\`KN5;`"JE6)KT#7)!
M8%<:5C-_2ID0%HH<.;R$.CJR^2*=YMB?"=0(!P"W7NH]JI87,_LUD!V"[<HD
M#\S/1+'L,!0"<YN#%U<V#4)=-#=1TI8)`5V#5'HP,\4Z-S]7*Z)S>=-$,S%M
M7@[11+/.Z6Y)6NO^03X(0O+M:M_\%-V5'X9*6<[/4P<]S1LOCI=!.!,6D#?[
M$9!4#WQ/,0]:V%190D11-!RS3VIQZZPDYRT5;I+N_AQ&WX.-K:H)_J3@@,=@
M/1I0H\5](;\^-Z9?28;3[6Q1I6N2LN:`#M%:SA$^GW>*^##PL`--6JR7TR@'
M39:2=72,X&2[IB($G%5!^S48>VRW`G.9VE*3KH*6@`G!R7E-%?"Y*H?JLN/9
MA05[;#$J6RFM=[V\6=_!KVD1*?8"6'L0:ZWJC3\OZLD$PQSIF`O?KBP:(VL]
MC\D"+EK%RX?%NQ?$>=F)_+&XXA4:>)]F%D(N[4,(Y6JI=YZL0`6P9%9HHK3C
MM?9=RJ-OB$R@>BR0),JT*"\,1E0ON6@NH_$Q"F=C$B\&'UXPAZ7W/HI?O#F1
M9C**&\(@$=EA;2MC?XHIBPA#,8G#[-I2J+G'0E[>J*^I-;TD+6&8B(R]MM7!
MGE]J,JH:?X<)AF*":1TJ,"=8D5Y>>W:)FL$`$9T;M*T(]M12$!"&H[->S@Z+
MIQUKA5/_(J$*KQN8DS0'=(A..]K6HB"LIR8H#&\']W**F;M'6.E^D*Z3@J0;
MD*@9'&`@"C:TK0CV!J0@(`PYRWV<'4<6#X7^2>9^2@>2YD&LFMN/N#$@^R(A
MB2/AF9*2F##4D^GI@53CE*I.JQP?'2-RADS(?G]BB)!C\')0L]EFSJXKSU,<
M'2/R>DQHG+^Y&!08R_NQ]R;+^N&\:V\.C]"\O!%B^WV6HBZ_XE7P[1^#C"V>
M$.]&EC96R%,4TC\"F56##8(N*,H31*X44P4*40(Y0OU3I`\2OT;6#;9F3#ZQ
MZ+&,8\^G-OE&-Y+![_T>QH_(+V$*E\]1'ARW3UT:TM%BRAE_S1C-B3\C_B#9
M5+'37F$9?0%N1">23*7H++5\J/KUS'NQYEJ\&<37UDU#T^%FLZLB<GN9PM<A
M\S:\JH']!0ELT7/-_:V*KZ42[:W\'$:/R*-DBI9/3PZ::CC_RUD,%ETQ=1IN
MZ^P4LV-U(G2L]H'HA[O[L!2>6O2?;KSD;1#Z\#^0=/)!]ZO\S*^\KJU2!$.I
M#\")V<\Z%?I9=2!B*)YNC<KFDC<WJ\1#^.<;M?Z7PU\A\5^RUR3P`R_F^_J*
MK6&XF%VF4V[FI3JX:B%T1QEEM01",7G'WF<QKB<B&S^K":#`[,Z<2FH;<!%A
M*(-NC9>V_9=B1"JN2_%+&#-FK^54[K5L`=DJBO[EV&?S\$B%>&M5G6'V4T[%
M!T!5#%O%TFO2+4J]N66Z/0;>:S#/HU#4CGU)H\E?U'"@D))5KKD:$56[`:%9
M]&JJPZP/K((!D<=24_1\6O.A8K@P:DQU%O?GZRB.HU^0*O@CI!+]/?-B+TQ)
MM1;^8!83HA+UJ=47X$:TQ_,UPV>G#EZW+W$:8[Q%FV!SQO%"UZ1<<QLMC:-G
M\I[%DS<OD>;#J?9#\9XCLBSX&N$SO2Y6#&4T3''UW*9QL+H7#O4:E-.=V(T`
M"5(385O6`FM`!`S#F^$(R&HQH>0Q\L)DY"T5<HFK/X51(XIM\N4J(N8>'`P7
M\HR1RFI<,PX^*`\^2&5LTL`FHPW@0!39Y$M:%-[DXW+[3-P84VU'.M5)NOMS
M&#UZ?TC\]!,'DML7Q(Q1TZ++H\[*;>U=H'=;SH5NRSZ:!@?>7S,R:O.EHKV!
M/823>09)Y*,HSBF8IG'PFN5/`XPC<`FB,*7:HD.9/81T]2!)JOK\H=&/@>20
MVK0*"A?$`=J0$H9@@=M<N[`8HAB5JVB.2B4'B]$","`*3K2B(/ZLX@O$[6BQ
MXY/*XM9W$RT64:@\HW9_#J-'M/VTHAK^=.)(P^U[9H[/)9M7@'P_@"%[\Y$7
M^`_AC?<>I/(;;>Q6@`51%*D510FR3(1"<3L"[_@$LQCX>H;*!B'QRYI#@\DD
M6V1Y08A;,@TF@4P:\@X`(:+@6"OJXT\[9?GH7],[S,#&*K29YK@A1!Z#I180
M5?\;"9/@@U!<T8)`B;`GD@ZG8^]3MO75ZXUBOT04)VQ%L8(M44M8^J<U."Z1
MN3U5+ZT6`2%>DL5+9=]NOP$@Z'.PY%)21H0C#XUCIJMB3H5D!O/W,*>:*`W5
M04%M]("@SQ&3RYIA_94\W+X?:N&XS&*<0S;,AB@!':+(1TVE*)T1BW`W"&X8
M.S@NJ[GZ)"AH0?^PRP;Z5S\?Z7XVOPM3\4-QC%_^O#QI7NM$=93%9X4UK'=_
M!N-#$`;@2VZ?9AP(YJZOM"QNBU[M*%<$.%1>N%0JZ\UH03%@*#_"$:W@3)`+
M!</-IW6)T_L@],))X,TK#PT.IUN#'X;SY:9,JN*>V_P#/R^/CRSNQLPBL"^4
M<_F="95ZRPH]`$9$>[(QI8G.]E2%@FJ:M$N"$YME),4C3&Z\=]!^\AB$Y('^
MG2P!L6YW@!Z1XZ:N+UV.<T6`(8W*.AF.+FV>-#>JDW")<26O)WA!F)R%%O\2
MW0EC+1[==A\AN43@OS54EGXL84<.AQ4[%RG*QP4&"XBS_H?X-U&B7R1XJQ>*
M]0J!*]I058(UOI88,#R78Y_\5^;>9Z^4*F54(E?A<\U>8/B(SB$UI;_/9STQ
MN)U[@V`FH'P*8?UP>/6522-;@[1GD(DSGBU7I3K;A:IHW+[SC&#*6?25M^^\
MC+QX&.>#]?.4CA&)7]XH-6O=).)U`DC=]JVOA+YU+2FX?1D;P9RQZ*UO*SK7
M:C+(4KI:PL)8:Z[L-@9D;GOF5T+/7`F]V]DN".:&S<-BAH(?DB33FA=%PY^7
M5,%NSPGQ$;,,>;4B^V$^U!8_'1>N^3#,TB3U0L@BU)@4E=:`S6G//U=-O9FQ
M#]_MDO((I@>."]::OH="#X#1:0\^5Y'HH%I5!(X7P$<P5ZRF,JW57-/G$+0$
M3$X[Y;E*E.8&!WJ3*OV'.0%"M.B*[ZE7R=?@M`(L3CO?N2IJS(4MV.4\<+0P
M!X)YH.5V,\\0%6^SEN\L%7_#OU'<I$M(XW3:^\[UPCY=;"B3<L8X6FG#_HPY
MPG(!N%@.)0`9+0"#VP[XD?HEWRW()?=[><YN,".\L;_0R64S9SR`JESW:<M'
MQTIQ_>_?JC#II/BK_(?=O]_"3SY30H>XAK$G`;JS>/^@.T7!]I?)&_&S.7GX
MXYD$(9U,`.H6*LG,_\O6/>WL_7V>B].;E\,;3BO#&\5D$62+Y#Z*'\J_*^Z+
MJ%=?-O,1N&ME<9.X#6(R2<N1_AD'*=6]!#BS#>!`M%$850Y_^Q")`D/2N6,3
MP6:<EM`5K]X\8#4!%(@BL495(_"[^9+`D'KNV"RP>[$H6]2=!^Q&@`21U654
M/?R9()0%ADQTQ^:"W22HJ@[ESYSO-P`$B.*M1M4B/-1FRZ%!YCJ"-S$<FSGF
M8K4[^ES?N5\_0UH92)A_/QF1>`(89G3P@T64A>EJ81Q'_'G4RK>H*#"]MFU4
MO^R8;ULB-)L$WTUL8E/X81VE>%C'7S9QP^%T^$[B_(N)W<C%'UX<0`2HK*R6
MQWFHYJ^7-W,O28)I,%D5N9!&PIIT^?/RU.8S4KL#8T(0EQC2Z8JBQO0050/%
M"5RU^O+`$,BPR`B+T3GVT$9QL/#BY34)\YK<](]*-:OJ=0;($<7S-)3&GP-:
MDL`P"_(SW/&;%X[)XCV*Z1`?J&40Q+")P3DN2:H7V=0L3JT^P22P_0*F\IC+
MZW_3*$ZVKO\9E0SW*R`K1$Y@$WWSIY1966F\1H6JPC*J>6K1CJLUYE6]X8=0
ME*ER#9R!#!6M,L6=K`0V<5!]GR.R8)MPUM!:@T`;&N^!'58S#C/.+5KC.KQ[
M)I-H%D(R]D-8OJHCCR0;_!+(#)$=WT3O9E<$L;PTJG"W,&<[2(TZ;?[Z9*N%
MH4\QO"_)EQP[18L!P9$ZW*<V'U`T5(?[%,/#B1S1"D[-N%`P1!Z<J,-]>F[U
MHLX*0&%6ZJ7:LMH"+D3Q`V.*$L2H%<2!:E*TH'*;[VSRQJ9_8T+:$2#&2'*!
M=NKSEPL;0V*0%:6?G%M,^:36_L8M*`8K@<9H`1@06*C:PN>SF`]6(SR+\69,
MMT37LJN9^3A4,;]3BS(I/-MA6-F(Z0:;%:YS>D_]W[Q"PB#T[Z.8!+/P[G-"
M?>09C^5&^@:H",QO;1VQ<VI,B44C%'B8.<X<-+8<^G3`/N(JT-3)X;8X&KR5
M]W6GD\7SP*TU].XS#<)9%B1O,-;A]):\RJ:.M#W%ARF#J[9B^--$%7I/JH-W
M.B5LIGCERY^2\U'Y)8P9T:%.;6%+=H,MD#VIO=TMH2UZU<_D@X29-*6B_!F,
MUE7_F7T`Q$'8DWK8W?+8XF'4ZD9`.+O[?(<!2W.$=G\/XW?5$Q8?5?&@]J2L
M=;<4M^C=KO.?"S5*8.W\&L;NJD<J#M^S@?:D1G6WY+9YARA*4G@<3W'YWOTY
M'?VEJY[DA?@&$!MI@R+3""[GVN'WI<E'U;:34=>E^/(7'HM7'3>):L/I2_::
M!'[@Q?SLY:;=`D!7O<Q+P8-KC272I,CTUYTK%GW2M8Y7:UYQQTL6;>2T`BRN
M>JR70H]5#+@O9:2[9;VY8]_=A<O8GB!?\UQU8]E/A6O+H$D!Z:^[[EMU<$LM
MWU,R537Z1-+AE%]/6KT#0.BJ&RQ^8UP9^U:5Z"]&;HL.;IZ?5:I()7&M_"T=
M-\KGP54%SJ<L"V:3.LZ(%VTC.<:-V=O%!247PC!5B>[3DX^K[UGL>@&2OI52
M<B&*4M48?X%M(`!6(=B."Y2S2W]QW\2P6L&\SBS<5>*9S6FW'HRJP;7?`!`@
MFC),\?+G"!</BE+()K1S:C.6U\#L/<44M^,*5MF\/;UT_BZ&(3K:?;-P=_<H
MW6/EFZ_2'@`CHA@<5PFB0T=5D!A6R:Z4>F4[\90Q3'XYFX'_[ZS(PU_7RV&6
MR2FN`->Y#='!,$#:B&P*=7[PYU3'HL/@JWY!TMHNW\:`^2.,B3>'TCG_C.90
M+0LN)X!-,@PKB.,@H?]T2_\SG(U('$3^&KJF>!M_EQKBWQ!%DSJF4?V5Q)3`
MW392O]RB<_8-H5VBR\7NEYL5[Q%9&QU3I[N%9B-J_9O5'R1^C0Z+3/=,L1A$
M,LU#Q72"MCX+TD04VNJ81-TM-SORUK]^_AXE]!L?AT6G<[[8O%$FJ$#\3"9;
M!V@;@)!\,QC>/-Q'\8L'CP5MI-#4GVK^89`HHL!DQT2JO_`8D[C&-7]\-:6_
MULICNXR-23I:6'-6W$>4:]DQ>3I<;3:RUJB^<%AG[%(%8<!8FX@-_:K&WZ7R
M//J2`>.<1AVN.#L"URB6@6K9Z>P`V78,Q>@S+"5`0^NMK;&!7A!%8]29))GO
MEN7I=NW,PVSA[S5'YJ[1UX[X,:)\U2#@GT'Z)A>/+!"#8&0@9FPG4I8IM[_<
MX=%3#T[,#XL=FWE:)ANBQ0[C,K>:.(BL+@PTP[3`;31TL.-ZN[29*W9AAZ2#
M*:48QO6M'!@(&=MYFV7"85KD=M3D=GGZPTHG()[685ZME4XAE!I-@E4HM7AP
MY$_*5>)'O\(Z20*=C@%$A^T$SS*-ZJU?;6FD%_D$A\6*S3*M$T$KBY7=9:J8
M#L?8#OPL4\?.`K7112]2$`Y+$Y-?Q^U'_DT14I**T.400'"'6/X6B>PL4CL*
M.60M*)XU(TS"7KW7>)-1G863Y3CVPH2.%H@1^OE_S7=HLB9I'BR@O<3$2\@M
M*?ZW86)86\,!Z2,*(*GSI7XN4LLBQ/!F\Y<G\]FQ[02H!G#+T&/AB^_M1V&#
MJZLFAP!2QG:PUCW)VEM_:NB@!UD!7WNU<L3PV2:FT4OUNI\#Z2$R7"R1Q\PJ
M5$/>?;U6_X76'(3WSNINC>9OW!L<`<@8VYE6]Q1KWSZ2JT#_O!W'8M59_`7A
MDJ`8]FMP$4RA=Y`-HJFLKDV]FUKJ$G'[57E#568MSAH!$_17!,"$B.U<H?/)
M+0?G=@I6PRKPC6-C'3SO<8:R)G=5A/OTXP,Q5R.U$]$W#D>HCK+X[&VTH+:<
M8(C5G\'X$#C\?,FQ><&`T#TI-,5M<8,KK`U8S[UP^9TL7DDL6>X8+0`#@@V-
M(UK^-L:'@J'F\OK1E/L@],))X,T?PFD4+U8/O6P-?AC.E[=!,IE'21:K!D6:
M?P#\/XME+YIMTR>(\LV,J8)/=B9^%L^[>1QH@T#V3)"7O-W/HU]&'@;J8'>_
M/,>]NU^>8]W=<\FI[.XY!$=V]\MS]W?WRW.4NWLNVIJ[>P[EL+LK;BGG-A]*
M60,H=P"]%Q+9K0$;HE1.8\H2Q6Q4!()J:K2C^,MSE*36?S!9H2M`C9'N0AWI
M<)D+'<?S5I:4?V;YO6P8Y"B./@+J'UPO?^2OH`[?24RY%\X&DS3XR-.Z*2CZ
M%QG]N]4_4A2*NYV9CU!)H7RA6UW)_#EC5$)N)\0YQ<ASFX5%Z>@GA/@)7,VX
M)P0N;Y#@8^/D\[P(3C.*!E-93Z,J$C@B8FE@,+G<FA%Z=>O,SXCR->Y!Z-\&
M@"GT=6:(J!M`B\AP,ZI"M1FC(!T,MIUC,\CB]8V1M\Q-F/LH9@Q<&I\2-09D
MB(ZUC:I+%.A2D(E&0L;V'<GQP7"KJS6+MP[*57/D!9"M*8&\\VL8.X)#@E84
MPI]&;"&X7J#%L2EC\;"DR&,;>Y\D49TUNPT``8*CDE;4(IHX'#FX7D'$L;GC
M;(RO50E1R6"J+&14W6U%^U8RTZBK44;YHM2;6[_582O:;O/4E*/XHA),RVM6
MS8^`I!#%-C247'O^Z4G([<K-3C'R7*\REMG(R#@:3/[.@GCSOM2J)-*F`I)B
MF$2A)\",:!8:5:0\9J(N((TC+Q>,6:S3T&:`LA)]+MY+TY^'-;H"U/B#EWJJ
M5`OU*TKHL!UV.`\MQC"KU/CNI2L2C&+ROEJ\!R&UU>;SQ-`$U?X&R`E_O%1/
M^6HSMZGH,!1U<VQBFJN$OV<+W7M!_(<WS\CP?5,6`AYMD$XKW>X`$/[`J9Z6
M]F=00RGU]$@"ZT0S5\5]U]9)-LLF53=E!-2YI<OEF@IU9YZ)_BED3#?CC.J1
M,Q4-BDWCR.-@FVIJ]`1!J(8:-%OT>8OB=$SB1:7RMGI&BZPGP-S'4,V)4JA&
M74"NUP-W;!HBR"5;6U%YV:7ZDX_;'O#U,2ASHI11)A/+:J)='"9:)Q/-W#./
M`I.'Z<`K3BL370/0/@933KAO)AJ2V&HR7AYB*,HJL7HUGVG5W)(X^*`#A;)J
M=)P9_(8!3,^F5.P<)-/'8,R)I%R``9FMYN#584/L9/Y:S'C;+<L+B&ZB^9PJ
M,?;FP)R;*(.,8DITA1E;MSN*_K2/49H385:;II3*H_MOAZA,^Y/RU-S3<O"E
MO#(N?&(<O62O2>`'7BR.@@I:P?#Z&$`YY;[$)A=&.3GZ=9<;Z^1`$"O9,7`J
MWH0!$Y/7&V#O8QSE5/5F7@TAE3.R3H++P8K45Z'%%)=F(%J5$$BFCW&84V%2
MBQ&9E1-8I_KYU[XX87%[Y&A^59"MW46KYD=`4H@V4PTEUYZ`>A)R^Q4"IQAY
M?FHSF%JM%Y(D&1TZ6<7)'Z-P!J?$M^15)@K%7@`K_O"HG@+5LCWEPNEE?3"L
M$\]B%/1Y?3Q5?[H)VU)<9_CCFWK*XD\R%9%HW'YPP3E$.KG.D)0:JT02'L)-
MUN%+-/=_4.LK'LQB0E8Y&Y1%63QY\Q)9J=SF'P`)X0^HZJE=;2]L)+>#?=KA
M3+;H6U;7=<T=<G<G0.3_&561VN;(D$9/;T5@G4T6@Z95(CP3./SU1UZ<+FO.
MJ-VF@`I_P%-/56JSBB.1GI9QPCJS<"2E;6R5X?0F6BRB\"6-)G^IGPIR.@"$
M?8R>G*DFEXGETM.K"UCG&I+2ZCD#1G-/>J3';D21G/<Q6'*F7%9]3Q8:-Q,.
MGI6FFFR^I],,1*L2`LGT,38B?IK'B,RJ5QD.Y^<UCE8M>F5WTRF9I,/IW2<U
M;L(9>:8#'88P[OSF2O)V]W<6?'CS?.SUYV+3[D$ZB+P[#<7RYYPAV6A$4!#M
MF19GG46/C:WD$8F#R-_-EI>AKM$5H$;DQ6DHC#^;-.3@=M4'BS/'HO_%5O.`
M6B]QO*3+8U[I0VO*[/0![T,A\LXT5%1WKK`%H%]-^CV?>W2<<?I5I\KY-YN/
MEG8Y51"Y3!HJ,C!5CIM$+XJI<A?:C@-:G"A:Y[S,^V?/9!)1IW4>Y.0;3JEO
M6[QU\1@ER3C:<77!T;U>,BKL2^(Q+7P)Q(#H@%A#@_OSJ#TQ-8@V-++>>L>Y
M<[OI^YO1R^-ZF]_"N!',E?8T(HS5[<G![<Q=B]N.Q=#;P/]WMJH%`TEF!8G(
M#GM84=GZ"T>;GP0I.ANBRPG`GVHMRDNCY@BB&=L?[IZ;*\]UDX=Q'T*%77SW
MIS`01).H15FS342./)H]LMV"DB[MOG2X%<6D`YM,H'#*ZF%EJ-1>R06K7[U&
MWB%(`$$`6:`<_EJNC=;>$S)M$!A1\:5<`W$&ZT;E*<HE*$*'N>R>*.8K!'%<
M@3IJ4E8(T^U'5GID59A[YP'"CNGR(=P:TW"J6%9)H34,%\&BWH%&V+:'NHA<
MO\37H_EE^0CR-H#!AG[^=/(X&N7LOHD6[UZXO%Y2'S2)YH$/*E>8I\T[IA*Y
M0+#)=:!T\4E-(^EA>,VH/S/TPEQ!03J6_%KUF-I/8[)XCV(O7CY0I0:QK*RU
MK"D,%-'198NZ8.]]BO)Q.\>L1Y/*W"GIOF]!1_>[%X0)#(XDPS+YUYMO2B@G
M@[3ZG,Y]%)-@%I8)C()YV,+70!P(3H`ZT#A[ZK8G4M=O#O9HOIL+3N_3)5_X
MZ1"?B3</_D/\"G=JS61!/P"A_V'M"VY86T=8^@EWA[W6J%8MAOIO5VI?Q_GN
M/M_A4/.:A&0:R`0B:0W8^A_ON1`>!JB)R.WKB#V:BN8>\]R,<,M4NON$CV=!
M\@;_-)P*BE+4[`6"_/T/S5QPG^FL+RJ-Q+Z#^=F*5B\M9J\7AA(%0D==H%@M
MT1)1<-L!GOZ'>BZ%V>PRX;C^$%*/II[%I%R3D#J4'DBM_P&A2V%N<`OR;/(,
M$X)K_3U:$O"]>,$8L+F"'8J=@V3Z'V.ZU'G_HIX$FSPIA6"B\Q._QPH999+6
M/R\OFU^32<CD'[/HXS>?!`4L^H==-/2O?CY26VI^1_64+@>?`6_V,'X)HT2T
M`ZK)=)_5?&2L?.#__JT*\9%V5O[#[M]O82>?*:'#6T/80T^=5^\?=,H6#'^9
MO!$_FY.'AZ<H)3"%2W#K4Y;-18-;DGK!_+\L381:O-]5R97-=^'7@WE4O.VS
MWP`0()H"3/'RUW$NGNH!O-/:N=3+W&+&\AZ#O[/`'R0)$>:`5']&!X`I48HK
M(78LC8'$[8M_9BBEEVK4XV3`2TPY35R5M9/*=UG)5SIV?[G4R_@QA*!X%V$Y
M_!42?Q#ZHSGQ9_1/2>7QYC*91(:M1E>`&N,6OJL6P39>'ZW;;TH8XKK%`,?+
M6Q2G\#9!\6:D**]4U`10(`I&<,4LX"X?57^,4+NY'7'P0<GP03:KP7,P>TOS
M<-'<"Q:;]VBDB1[J70%J1%D?7+6(<C9JHW6[PI\AKEN\*F/JR:L:+S1=8LJV
MX"I$:CLH0ZVF"UHGJE[$R>*VOUE3KI=/7IK%1!!Q%3<")!BW_JJ85197!J9F
M91@P:LIFS:O-H)Z\!;F-%EX0*N/8-`$4B-PDH:A5>+>'#!?K&NO*IG.SWE,8
MGNAWLG@EL?(&S.T!,"):_P1J4-E\93#=CKL:I+6Y0@??7P/O)HK?<R50849>
M*.2FL`T,#9&[(Y`>.]0O`X8JPJEG]ME]>=[/)NDP?B'Q1S!1,25830`%(I(Q
M1<Q?[`2(,+#+G(XLOQ<&0TH&H;\:5**TW'+;P?Q'Y.$*1"YE'A<<!LNO%<69
MJXD`^\-#.'F*TKHFG6)K&"ZB4T296/F[J!I.#)1KN)\V7N4ZR$^[.D6T=C%%
MN$\D/A!S%6,Z$7WC-`G541:?%2Z7NS^#\2%8;OB28_."`<'<2M*RN,W5$GG*
M5>3-1]GK/)@4"9'D]\R+O3`EY)_1W`_"62+=E>IT`P`01+\X<F7O1AKX,(09
M6J:AN1(7XSB8!F&0+4I1/@:+("6^E'CBAC!(!($MCNS85%-"9,[+:YDB9F-,
MI?T(X96HN`*A9#!SV\$0$80!.)+C6\8R0-V;-YK\,)=2?..]+[R)\H[%^CEX
MOPB,7(Z<V&P0X,!0^JU=^IR9]<KS].S5YJZTKNPW@$$A,889LN(O*%PD&/)P
M6B:1.6OZ+HNC7)*#R=]9D`3%]24U2T;:%H:*TVX^X]K-JJ#,I<*TS!5S)N\J
MP/4["2&B56[D9)31/R1$OH$IM8<AXS2`S[@&<!U@&,H\M<PXLQ8T%:PJLS:"
MQFDAGPDMY%T`MMX<-'Q#NE(8=!K%B]6[=5M7;(;A?'D;))-YE$`JCUKA@^8?
M@*1&#!=0=2+PEYBJCQA3!?\4CXG?W@WM#8*'D/Y_L$%',5D$V2)Y\N(X3[[0
MO9C-J:BZ\QF%%WFX;>`8RN(Q]9HEZW#D>J10,0)&F*R&7+R61/SA!XG+?QOE
M[Q=O_0`X\2>!]'SB#^A/O1EY#I*_[F-"0%/P\-(SY8]DCED;%]4'AHO"*ISA
MSU#;TFL68.QDTMF\.]R)>N"\FTR`LL7OCS#,N+U!@2801#Q4V&)YNO%$URQ8
MV\U<LVC9/9-@/3*E)^;V&P`"!!:>BI3Y'.7":G:YLQO^6$RA+X>SF9>#](::
ME<L@G*E<@)>V!WP(@BPJ.N"S2Q6EV6/M;OR+/:D\TY7X/HI_>;%/':H]Y*A]
M#9L7H&MODR#-U5_0-2N_"%GNGZ:-&<&G0&H(8E@JFC5HHL@%XH*1[Y)G#1)_
M(K^NLR0(29+\&0<I7:?:(/K^5ZBL,%R?5M&G88YS9>&`76VS3'L-85>M@G61
MU/)-Y,*9&4[+1N;X7NNS($T'_%!QE?>6A>.`IV#S#*&I].&);U)$Z<N0VC#<
M6Z]:GA]J@P!).^`1BX\Q.A55-1$&Z]RQZ&4WU47^OD6E`G?+LV3W<R`]!WQX
M<2WQEH32+#FG&^9;O9'<?GSIT@'W]5)R95D-I7Y\Z3VW>5Y2+TZULS6Z(:O5
M2\WMD_7*`3_T4G++60VE?OI90=:[</?9)4L!T1^AOS*`B'^?Y26`%KDYM(Z.
MPFM3$_JOX^BZ/,@J"J3F0/Y\"R9OX[<HJ1QR)8.8;%H-)Y,L1AU8O7+#%V<J
MXC:+*37O@SA)_Y?VD)+XGOY3](O^Y;4WAVY>W@A);XVF;30="<C<`8_]RI3'
M;DA>S6ZI=C.5W'#B!0IY@>=__%V-C-^(E>FD/!J0O0-N_94IM]Z@S!PX#+ER
MP[\7*&7\%L1[.K$RI91&`C)W("IP92HJ8$A>#AR\7+EQBBXR&:(L3M]0S"6U
MH8#4'0AC7)DZA3<E,`<.;:[<.*5G:N1[%)/QFQ<.0T+=V3^#]"T(Q[^B?Q$O
M3NXI<SJ>476'\_/JVS<'XBU7IL[]30H-_9$.':;#08E2*U03&ZW0`1+;<TM]
M0*`!]"&*@B7MSZ[:8D-_<$2'Z7"D8JT7T,5:,V!;6)]@ZB,"':"/6!0\Z6"&
MU99;]00"ZQ1S.&I1*@94L=%+\&%]"U,?$&@`?0RC8$G[$ZRVV*IE`[#.+X=#
M&6N]4%6L]7+TS?KL4AP.2!]]2*-@2`=SJY[05C/K"O/,ZD%8X^C;1B=GMN>5
MVF"HY(_0AS0*=K0_JVJ)K#P:_H9X4AV9J]EGZ&3C%R7",C^!!_E2<8_?2$R\
M*<1FU>>*O0&!4!T(4AQQ"Q!:%5LY9SHOU-S-;',COK%W8Y&IYQ:OC#*_!_)S
M(#9Q9"HV44LJY;PYUI@W4>K-L20^TJ4B))O:'1\DS,H4$;J$%,F0I1SNZ&^A
MS*YN'J/A4F<O$Q)Z<1`IO*_$;//SZLCF:YKE4'Z$"15O,`WH2J[R3@^W'>!!
M,%]59,Z?KS)T*)Z[:4-S!DNK4EV]0<)*NAR&9/PK&K]%6>+1V1Q08X`HU(Q7
MZ@`&C2"RIBI<MNU5"VION6>NR.K_9%2*N3BW94F4B*?0&H:+(.:D*E8VZ]1Q
M8GC/L!7*F7OYX(6\I[G(]'FGV@4=.(;:BJH"9I.O)EAS;VG@8J!>_40F`V^I
MX[`1Z-X^HL9!]4Y@\`@"'JI"9K.P-MQF>8"(>6CN_0613%^"3Q!IW(B'VYW`
MX#'Y&Q(AU^<A$VZSK#G$/#3G@`AE"B&&Q@OB3B\P?$=<$7890CV\YIX-049%
M<_Z(2*AW>7G:ADS<[@0&[XAWPBZWIP6W61868AZ:<U)$,BU.;IZ"L&+T-.(D
MOT,*"D.9/%7AU^>G%'JSC":\7-4KI:?)5<@C,\#033<`P!&7AEW!3A-PLRP@
MQ&SLQJG9S'9#Z^5&.8XX-NP*<9J`&^;/(*9C-[Y-\7>K)-M-]D4S;HKZ!&B.
M^#WLTFTFT&]EL"#-0S%XNK?WF?P1*]&S7Y)6,#P$)%(1(9M`<FQ=U(QIKH8C
M@X\=[GWHD2[V#RE9\#(EQ(U@<`C\6C41*K)D%UP791N::N';B<7;#CO)0K*<
MF]V?P^BQ<FA7Q/L4DJ#J8H5I3A[D"?W;V6;;.6F0@_=,)M$L#/[3=<&W5L9%
M]7&*(!2C1!K^=+`MOB[*5C6>=Z?(JQC451"[MAB"B:<V,-`(@F"3$FVZG7FU
MY.>$O72*_`)`70UU54&NE7&!/A#$U91(T^W$JR.^+@IB-9]WR*L>U+9)NBHW
MU\[`0"-88SR[M.G8V*PCORXJ9C6?>L@+(JAKR$)MNO8&!YIQ(?QQVKA:0NLR
M[**P5O-IV)M@BY5"=FT.CVKGS(70RVF'H1=M*791@JOQ9#SK303&3M6[5L<'
M^G$A'G/683Q&7XQ=E.QJ/A][$Y:Q4B*OS>&!=EP(TIQU&*31EF(75;Z:3T9S
MR2FM!*6#S_2-KH-1-GL;4]:\@=#KAF!P#`Z$[4(8YHR;:X-&AENYBOCJ%C6?
ME.9R@=K0V=T\OY%4JFU5+0'7W-0:(XC>A3`-/]$)FRB15QAK/E/-W1)J:W5=
MZVJ[*AR2>:HQ0LCK="&"<\:]Q(1+D$VJF;DP1\][$__IU'L$R;D0F3GO,#*S
MDDDY8T[,U/\S/6-,9*-;/,"X7<ESI8%!3(<YRXO)C>FG%0K^R3N`&CE8MY`]
M/?#)K0P40_&R;M1Z:?$`7#Q`I8ML*ET`2@1>2FVUZ/)X"S5^)AO5LSGW@EWM
M57H]4=2,#O`*P2JJ(5.V6:Z`]6O1[\I<78$?[U1I82KG6_5W,`0$)JB&U#@$
M8X##4.2Q0T:9JPU`#2=J2L_A$XF45OL_AL$@..K2D!^;6UR$&&HX=D@P<^=9
M@\DD)D`%*;MV?@G#0'#2HR$Y-K78\+I(13?@R=J,_ABM5H]@(U23-M_.%V%C
M[8,=/XSP3&;9/.\R&83^;?`1^+2?Y,FC,R8-/HC=IP^>8=8J$&C]NY]7)R?F
MMMN\6^%*O?,K^#RB#797+.RE;G_\+5SNUA*EQ3LUWX,P6&0+X3;(_"V,&\%&
MR)8F?YEB8<#@^*V7S[N_LR!=WD2+]R@$>Z_.ML)J2S$>60SX[@Q)R1QDMJ$X
MCA$%)%1DSF>A""$&-AK5FKE`PVKROF3Q^SR#?1R.>0(Z^</)\IE2(?X@<G=1
MO1,8/`++3$7`[!VO-M3><<^<C?08)4DI,RK)O7BB(OOJ=`,`$%E9(B&S^:<!
M%D/(S"@#S<4L1M$\F"S?HCF54+*:TU*^\1O!X!`8<"H"9+-+"@U#=,PHE\RE
MCJK29T^LB`XG16)B,X:%QMSS(PF9_&,6??SFDZ#@!_W#+BWH7_U\)#-O?D<W
MXG0I,.X9OP2SLO']&M51%I\5\G7W9S`^!/L57W+[K.!`,&<'M2QN@X\+O@;>
M312_R^WGK1_"(!#L(AS9<,QB%H*JRKM,E.R0+.:VCZ=<M]Y<2I;M'\(@$&P@
M'-FPR<)$4+52\635<F+<=4H<2[KX>75L,.PL^ZKRX9"H/0P9P::D(64V'^N`
M;K-X:;LZ._G6'<T>ZR2AR_J`H3M"MZJH];BVB[K-,DK=*._HRMPF.2+Q!-0^
M(\,IRU<5>>V2IC!0!!NICG`YOKP:8`L+FG&"F4O[K`IMX/\[2U+B/Y'T(?P@
M20IG$P_A)%J(5F/%'NAV\@W!V8N.J.5TD^-VRMHSS%?Z?7O!LQLO>5L/:N0%
M_C@:Y2R!H(\7+J^7-W3D=+GP/:K`E^PU"?S`BP,B.S'5[Q@D@N!,2$>+_./(
MQN)HLV1P5SPW9W#"V7!&?[H<3"91EI^XC<"N#R8D^1%Z21+,0A"CS`JHU0]`
M<,3PW!4[)UBK@;X:S/UZ*[7!8*#W"0?'U6WR*2KB((,D(>G++^]=%")4:`X#
M1A`XU!$R)ZJH#KKJ)WT]FAI\!'C5_\A;TM7AQGOW)D&Z%(R3W0`&Y9XWE0N2
M344AS&J1U:]'/G/>UV`VB\F,&D3/0?+78[`(TN3N<T*(3_P?(17Q$_GUKRC^
M:SVZ1^^7`(1&;Q3.D7M>6:X"-FWU95"M5?KE.'UD+L%NXP`G#^$-B5,O"/\W
M\^;!E*XC^2XF'K2T-0S70??IB)MBIXZY6K_SZW'4Y+O!TX!N9\-I(>:E"C.Y
M;6!H#GI-[&0&%:35PI5?CX7F/*1G\G=&(&RXGU+[3.;$2\@XDGOX-7J!X3OH
M+_&S,.IC1UH:LBOR&LS^*T,K*_D^@=45?)"'Q;LX3T#<$`;IH!_%S_U0@HNT
M#&)7K#3G4#$"*)L8H$^]`;I6%'M98701_R%4B/F;Z)H"Q7#Y2$<YRL$J'8$@
M+2_8$?<-WFP2!;O7__9$4KA1,5C`+S3/#=B=`1@'W3+^S2=M$30I_]<#1G=S
M"';CO0>I-]>D\*HU#-=!UXU_6TH=<TG2KWG.9?!*E7"9:'0^N_%<,%RRTA&Q
MQL*ZA;DDZ=<\Y3)Y5TNT+NQ?Z-5=5?=[`A@.^G."^U]:^$LB?\T3LV.+Q2-4
MK;@B6T]H%S?I$K+I'?3^CH4E*!H(HIP0K3P-V/:]`HNU=H;O,*R'T">?Q!]'
M#TF2T?6AN,:J6"=9I0M`Z8C-4=4*GZHU0&,H8-&=FFVNS;(A*MUT5^L$RC0A
M6'\UE*//Z2WD+K#:L+[-A=:*;XY_1=++JCN_A&$@"(IIR8YM_[(!NGQ+L/&+
M`%T4;7`EN;`JU7T"\;$UJ]ECET"6O9O62OXAV"_KZD'LJ\C06KB"8HJ$>@E\
M]BK/NI+!5Y4OGUR[R%@%@;HI5CPB80(2#/U1'$V#].7-@]??1G,O=+E0L<$;
MK\_UJ^N>8KBYRA,+VTS;'S^.0L6G-N^"KC(6U`H55W\+XT:R8.U+D[\LL3!@
M\`/!U1A.RW<'8"NFJU8N2"4/4-8<D%H,T4'Z;%BD),;!:P;C6JW*2L23-0=T
M"$)S-97!)ZDBWB_"6W-'?JL;!&3;$)`&,$3-8(`(_-":\F1OD`HX;=5L<(:L
MYHRRIRC\>ZT0A<52V(8.#8/O6E.2;)K*0%9=U@-']R5K\&+;EBIJK:F2EC!,
M!-9E3:DJ\)4+U5:-!3.L_9V$)/;FMT$RR1*8D</IQNT>IF\D'D5)"D]BQ7G$
MZ9K^G@I"5D315/?4+SRS:/Z^3-Z(G\T+"H%EMQI?'H(`4/,HR2B[19$OK;X`
M-R+#V)`:!1%-#>%@L*)M$D3O?4FC?F%EA)L!/DHRKFKU`3@19#4WT9'47522
M`(;B_5UJ_<3NX^9[;CP=Z"H$-0A#:A54_S$9D?AN\3Z/EH2LKA!I!$9J?@%D
MA,B!K:/7>@$4/;E@V!TZG2\&*[FLQ+PQEM?7X_(]OR)SZ=VKVGU1**>('-XZ
MXF=[$;H2<#MBTR7U3\WYQ5MU=PO]E+;L'_FUS]N,#*94P.-?T;^(%RL7+5;I
M"Z`@\IWKB)]-?5T)N!T(ZI3ZYBXHJBN+=D+,D7_=&\!!9.K744%3^N_*P.V8
M4J<3P.![<JKJNH^RV!C_UYT!&$0AGSH*:$C_71'8*@?J(/M;>IU!J*W@P]SJ
MO^X,P#CHS9ZJO>!01P2VZI$ZR'Z+R<HKE=Y]@E<GB^QN_QC"UPYZN*?"E&0F
MQ&H9TJ]`R#.+^8"<R-DJM!!_]U+*A7"VG9J4+U'#:?Z/>A%+]?Y!/@YZMV?"
MK$134JD60_V29UEV<QSWL@,&<0RYJ7"6^6>0OCV$/B319]Z<?<YYO>0G&BAD
MAW<P`I`Q(N]"AQ_"6=B1_)"<*GP%OI[JO4#C2C(7AL=INM<G?PXKB@S#!+2Z
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MS&QJSBQ6U2A6`WY)H\E?1JWL#LHOG9TU/C93'67Q66'$9/=G='SG"*8#7W+[
MS.=`,!>I:%G<)I_+6Q6@N8GB]R@NDEUE%PKYC6!P"$Z,.#)C+X%2-!C<H)8)
M9<X;OYYGY#GP9T3*HIU?PC`0^-@<Z;"IPX;0K)A<AUHWY[[^Z<6O63P;!>$D
M2Z2:9_P:AH/`?>5(B:U]/@P,-[\&O[S8+XNY2@STK=]2#!<60]9P89M<>PGW
M;".Y7FY^,_*6\'<Y@`T*:O#-O?#)6ZC5=&WCDR!%1#XN2\/\0'F+`D%Q&M0?
MBIETF\/9F,2+AQ#"P]0YRF_QR99R02LZO$L$?D$'&N"YUC+1H)@+X!"_17-_
M78GY*4J)8F!'W/CGU:E!PY+CR\LJF(J:P0`1F)RUI,GFF@+*%@HPMJ*2,YLY
MPC=S+TG@(4DZGD?%5%-F&P@](%C\%,7-MP1$X*J7/GJ@L%.]QS"-XO@3(I-A
M.HR?@]E;6CE;4(/$;0[H$,1E5#0@Y:(,)(9=U2@M+2;5,45^]TGB29"041Q,
MR/H?D]6_*L*LU25(`=%&+=)43?JJ`7?[V-OH9#`:LP)9@XDNCE65OX+/(XA1
MJ8B(&[#:P8(A4&64'A8#5^7<I996,7G5MV]14T"%*)`DDCQ_[5,`R'JTP&DJ
M6GV7A0[FF;QG\>3-@\TEFL7>8I"E;U$<_(?XBN],JG1"D6)ZV4RD#4&\LP[4
MOKD]>@^5&;JT$1,OR>)E/J@\^I8,)G]G0;Q)\>#=U^"W!$P..#OL1\[4\55O
MG?>"AS8O#U6E_8<WST@I[)LH2;\3NA#4(B2G"T#I@!]S(K[VHPX4PVURHQ2U
M>.=U2^REQ`<?)/9F!`0_(G&^3-2AJ:`;0.N`LW,BO&5:$RR&*]U&Z6KS&)]I
M4CT3.#:C1O_&MMK\IH%5JM`OR,,!/TI<;+4I^A7#KWK#<)OU9+:.4PH3+7_2
M5F8I\!M21)@JJ8JDSN>H%%X9H/_6%Q;J53-M99WU;[/\P442!Y%?R+[>@LKH
M`!`ZX$^QBYK6AEFRLS?G1WH%1]MG9^XZ-"!GWA[P.>!1L2N.UD594M-`9C$2
M:EKTIUC;E'K$7M(:L#G@/;$K@=;#6)*R-V=(>A4ZVR!E/O=U.;G;&)`YX/^P
MRW/6@E@RLC='27H9<=)B&??>A!0BG%8VGVT1"T[&ZW9%@6!(B5,1-OOX7!-P
M24='BR.;)++-:IO;NAEY\3!^2>'B=*Y&Q>BI6B>`U`&'25PGLQ;4DN.].8PZ
ML^@T;4O^,?@["_R<-\4_D'!2CZ;,'@"C`X[3F=!Q4L=9$K0W1U$VW]B\):_I
M0YBD<09W9,KR4<]T<8#4,GDI2F%KP.:`ZR1^'%,-8TG*WAPXG9DK/_1$)W%Q
M!VLXO84ZEB3TDV&H;)TJM8<A.^`3G7&K#]5!6;+MZF"'ZM53$19N4ZDMM/=;
MN)KE@$O$+J(B0E0FK'_KFFL=WE.SZ<PP[Q(H7/3GM@,\"%P61;'S-UX90$27
M@XPJ[]QBT)(Y+J5;\8*6@`G?ULR5?4U&;F%$RTD3.K28H+$:DK"&`?.W<*T?
MW[8LD#"??2Q<?>;;A;G2:/F'KLN;*])*&*R?PX`0[*KJHF-;>0)HO;B9:)Z%
M!LM>Y+(?_XIJ$G&O!0P+7\!/($`1%WGHW"ZSVQH=S5V:_3V.DB1[5]E:>3^'
M`>$+\`E$QR:B`%JSJXQ=NK`63SF:U*?#<'*A*%Z^:<8"U:QT9)?,L7C\D!]#
M0LRS&J]28!&W'>!!L"(IBIW/*!E`#+?]VU#>I?U(7#Z<.EMUI0$@0.0ER"0M
M#77L0T/D<395%)J\`*6P!JL)H$"P?TK%S.>9`%6/F&;.:*?>TO@MRA(O].G.
M\D(^2%BY'[:Z,Z96^KUN5P`$P=8JE33;QM=$VXN@2%/ZFDL%H%I(5UJ81EF<
M$A+&:RUX=>E;JRL`@N\48E_27/KJH.U%$*4I?<UE"/P(O>DTF`>0._D0?I`$
MSLFE3!6THL.[PG<\L2\_-BGEP-P)GS0^=.WD\2`$"YBB,/<9PX?$8DDWKTI=
M9TD0DB2YI?;`/'K/:X?GA<V2O^!_?X03$J=T&J0!209)0O)_?0R\5\IZ^+M_
MDKE_'\4OWMSR,Z]K3V\XO0]"+YP$^5O104X,U0K@\BY@6MN\(;U^0Q@JLC\&
M'\0OM%+10[UWGR7]`%Z,_KQ<18+04DWP&/PP"XH_MUF`DC^Z1\5\284>`"."
M#457-WR&JV-WV[WKB"5G5Q8C9</TC<1[H[O)8J"5!)VP+>!"%#M3UP2?]RIX
M,:SFG?'6XLE6Q4@<3O=&*8,G;`S($`7BU'4A6+%5`+N]6%LQ82RF;/)'=[W,
M_THQ84"Y'XH74_GBNGK2,6?8$L#PR*ECO+'HT_+'J?PBG4H7@!*1)UM7.SJS
M8P]\7R>&<:*8RWDMPL)%7"V]]X(X+SF@\"PUOQD,T`G#?4^F["BZ`E;<1KMQ
M^EDTVV^\Y&T0^O`_\&[?!QV;+%%;I2F@<L)DWU,$?^%5P&ON^6PG>&ONG/S>
MFX`[M)0NE-L_A$$@BNC5D!M[:62BPY#ZV"&I++IP>3QI%3XJ1JFT$/*:4328
M2B+74(`DY,;'6CW9/%B<?"';++L,&YCR!K_1KA/.U)Z0Q=OY%CH,CR-UR$"+
M9QR/D1<FSV1"J!'U.A=[1\(V@,,]UTA<45D$%,.[21U2U*)?5-WG*L'ZVO;`
M7EO`Y9YG)*ZVK`*X^I[2P3(02-IB%L93E))DY"UAW<EUNOJS&NTEK0&;>[Z:
MN*:S&N3JVTP'Z@MD;?7TCNZZ*^VIVR-;#2@"3$6B:PA=8HRP4%9?8VK.:6;R
MZW__!L-Z]1)"_^/_`U!+`P04````"`#BA&)&;DP`9>94```A]@,`$``<`&UB
M:2TR,#$T,3(S,2YX<V155`D``WC8]%1XV/14=7@+``$$)0X```0Y`0``[;UK
M<^,XLB#Z_4;L?^!6Q(W3&S'5U=4]/6>Z8_IL2'Y4ZZQM:22Y:G>_G*!)2.(4
M1:CYL*WY]9L)$"1(@"`IR398HXF8+ID$P'P!2"3R\;?_^;P-G4<2)P&-?GOW
M\?L?WCDD\J@?1.O?WMTOK]__]=W__(__]O_][;^_?^_,8K)S8^([#WMG,KYU
M+N@ZHHES&21>2),L)LZM&[EKLB51ZOSO\?S&^<P'_M7Y^,/W/W[_HW.?P+C.
M=?:/($TRY_U[,?)G-PQ\-X6F3I*Z:9;\ZLS<)(%/\3:)MR%;UTG=>$W2.W=+
MDIWKD=_>;=)T]^N'#T]/3]]O'P+W>X]N/_SXP\<_?_SQIX^`2,A`N:;Q]I*L
MW"Q,?WOW1P:?6@7$?^<`YE%2&>/II^]IO(81?OCXX7_?WBS85_.&O\('VC[(
M&SZ'0?15-^['7W[YY0-[*YHJ+9\?XE#`\-,'?/W@)J08&=X&AO9!!-2+O*)]
M1*,HV^H[^&G\(=WOR`=H]!Y:D3CPBG[MG:H=L(&?%GUDJ'[^P%^*IEGR'D<H
M";]RDP?66+Q!@O[T_H>/[TN2!M$C26KC)\3[?DT?/_!W<B>0&,?YFQM%-&4R
MQ?[&)[M=$*UH_B<\0/K^*H@\)RN',>=7A.*W=TFPW85(2O9L$Y/5;^^`Y^\%
MN_]K%Y/O`3S1(J8A,?`&7W^`+@E()(/JIORN&,*-/644179@$+HC<1H`I4H!
M^7`JK#PW[(L5=/&RT&:D?++JBQ1T":+`8IQ"]Z$O3M"%A"^+#HZS!`0<_'$_
MG^B73`;-)?4R7)_%OZ/(OXK2(-U/8)+&6R9/[YS`_^W=U<U\<OE?G=H7X`B`
M2C[^QP_XOX_.>T>,(/]T(]_APSG2>'_[4!^D/GX&N]0T^@_VNSZ]\]YY$U//
MVA3JWK$JIOI^^5/!FL,YM@#4V)9Z0:.$LBV;^&,WQ#UGL2$D361^-3=J9=*/
MP)GB8_!;'LK)QW+X8&<.]>/0##2X*-V0-`",9';U[=K*Q)^Z,]'YKC+V_S@S
MM96IQ<-DNIK"NLR0:)Q_#:U;>?AG$P_+09WIRBF'/7/O0.XUSLV^75OY^O,A
M?#W/TL/Y/%U=T"V08$.B)'@D$SAC;\D-3=IG;'//5B[_I1.7D<F53SC\&\YW
M^)4SE_MQ>>-&:Y),HL4&YLJ&ACZ)DZL_,M`KNW#:T+N5V__>G=O\,\!G1_[0
MOSG\4V>.GXCC_=;S'D.URL)?3R4+YS7_J+W]PDTVUR%]ZJ28E8U;^?M+]_T;
M1W78L&?>R;P;9TD0D22Y)(\DI#M&KU'DSX/D*_Y[#Z>3.'6#"`T>%3-$8>[N
M-8*)I1]_^`@\16M$:4I_[XCA'7E\9J=@7V"_*M\X\[=B7BIHN0C64;""Y2M*
M1YY',R!6M)[!=/$:66ON8N;ECQI>2N,YY8".&/',.3WGYL0C%0[$-(*?'E_=
M]*QKZ6/FW4\:WO$!*VRK#'EFGIYYG]TX<!]".+&D!)!.F76U-N,:VYC9]&<-
MF\10CAC+$8.=&:1G$![O8)]B__C_R)(4Q?GJ>0>G0)A%"8D?FY;'3CW-+/R+
MAH4X'MO6V(]R9"<?VA%CGSFJY^BU&\2?W3`CT]5U$+F1%[CA)$K2.#,LF&V=
MS'S\=PT?<42'#8D*:#&H(XUZYJ">@Q-VFVW@EMS`S)F_:C@C]3YS0,^!2Q('
MCP`NFMI:9HZ^J9DKOVBX4HYSGB)=I@A:)Y?N<]/N)#<P,N.C[MB5&S]9]S,+
M]"P01],%62O30WEG9H'NM%2<?,489S[H^7#EQA$<2)(9B9GQ3C\?E%9FCNAV
M=#&$`V-P.^&9)7J67-#M-DB%+>B"LA,CB9I-#:8.1D;]J%N]I-&8)ET9[\RS
M!@-1]I"0/S(\PSPV[_9**S-WM&:@8@B'CW'FR`$F.YWIKEL'$\=^9(;UGH8[
MYSOQZWPSTJ(K=+&2+]&`H]4F>O0V,?FGTUC:G>_XM\Y,KS"]R9JGLK7=2MB)
MF?WL@&>NG<`@:.)EC_YFOAYE'#RS^3@KH8G#W;J:F=MB,:0-%L,S6[N;#DTL
M5)N9V=5B1CRSY1![HHE!I@YF5G6W+9ZYUMW(:)Y,]69&#K4:',]\Z6EY-#&G
MH:V90YWLD6<V]31,FMC4T-;,IFY&RC.?CG9]NW/CF&T?EP0>A8>>S>O#F+C[
M9SRD?^QV2!\5A_21>D@O/OH_G._X=\^"T--99Y%MMVZ\GZ[N*&Q3I9/IY\E5
M,DH2PCA^`UV#D+57I>3$(YL%Y\\\=K"S02`'`MT4:F`X"(?#`6&R)8%R%J=#
MQ<FPFG3MTBH`RLIA$H#S$G%2ZU`QJ2]BX@?I9+N#@SU;J><DQ&FUI.6!Q"0-
M+_\QLQS]A<>OJA:H42<+E+2N<.`<"3HG!\]94NEXAJO*61I/*HWSV_%"_#Y2
MUDQ#M4J2LB+UD"3\</'G641>1D0\^@CST"@DIQRV56`4'::_P(AOGT7FU"(C
MVHRN1AY0-4CW1ZXM[0.V"LR?CQ"8LNGHRA$0G,7FY*J1MR%^%I+I"IN1QO::
M(]3+?JA5N'X^1A'*@4%-B(-CZG@^69U8U(J;M$^9&[MP_&'BD.N?%Z$;;,6Q
M=G\ZL>O_T581_,N)1+"\62QAXS:D7"5GX!5G_?U9'D\KCS-.E_P*>;DALY@^
MY+3^0H+U!GAPG:7H%HF,F+G[PJI8:#2G$]030M,JP?]^(@G.82[#:P!L1X+[
MO0#<X9#G$BU@SX5=T@[/\JV1[WYRA-E3W&B?+("N:+,D$2KAT)SQ^E,,H]Q'
M/C`?W0?K2R!\9D93&!Y6I9(Q8[*B,0'>7H7!%A8MQ'NZ&FUQA-*\<5&SF\I3
M`Q#ZKQZV%&N1:9U9?SW1S,H1_S>\YD/4WR/N#CM.">S_Y##\'9D`]2V#?;D@
M@C37_N1P.K`9*U$"OYW30K8,7=2,T?]VGJPOH(<W*L>B^6FU\:Z?:Q7Z7TZH
MDQLU<MGV=):^$TK?)((^F`,1V^>K!-Y28!"(R`-4+A[3Z#[:N8'/SU"G$\H3
M0-$FJQ_UKIS]9;6`E?>3H&6#29F,2HB=:>1PF//CYUF,3RO&2YJZX562!EO<
MJ$K"7\=T.XE(&*P#8%"I3-S2.%V[:_B*&YU0CD\!1JL@'V/'EP69`>L4T,KB
MBO`Z)<`5543`[#"@SX)\6D$N=^)<'YV3+?%!A4.3*.ABUS1F"Q!`_0#<X2DQ
M3R?`QWR^57"/N4^0!5=2"@H]5<#IY(`Z`*F3@^I(L)[E]4B__$Z74SW',$O.
MOVNN+COD]CA?'9R.Z7_/7/15R=W!B[ST<[)V8RS2`F=)*43Q/J(/.&^Y'\TN
M2W'9N.`N<3J?JEOBLGDZ2DLPHA%L1UD<P^!C-PF,2]Q0@&\5<V6!["3F,GYR
MU0"GP)"=]>484AE)AV/)%LP<SP:',T?@ZHS2"FC0P2DP=AC*YREWY)03!K#.
M,M<V7U[E>ZTBKK@S=1+QTBC66S+/<GE:N2Q>_Q[`J3?V-GOFW)Y?""2PTI@D
M29*@.YKBB2/V$2&I6U/AA]X2_=:0MLX%Q5VBTUR0&A6(.0PS<2N3L/6^=<Y4
MIPH@Z0@L<=Y4AVBNFG&>4,<N],+`=8,1!3^=3D%ZU>^V"KOBOM%MX2^M:0Q,
MYZ>S;O+V(CLG;AC\$^0"PVOB_(]/H#@*2P.*E1=FL)1,(BFP"G5+5+AIL\@=
MH>>_/%2M0JXXB'02<@%X'CPD0'<8[(5]A,T"#CY.!SG,+,<`[2#F67*6_",E
MORI.TZALOD-02_EJ4!/T97-ZK]TO"D:KE"M.))VD7)%F6)KEC@SRBH@;5)"F
MXD!G`3]2P$?K=4S60-RB'?,SVO(5!O.XQ:Z79FXX@_W4"W9NF&N#TRS%LJ]H
M;E#D\8A%_27A:15TQ:>CDZ`7(,O-N<-3#K8CP>T4@!=ZM02Z=I*<A;Q'$A*#
MO=K0RBP:?]58I"O)2,Z6YQ962=0"*J9Q\)!Q=ZP%JNI,5QGO0;/!F@?N&M<&
M,8/')*1/8TJ_\K_VM\RGRXU^OJ;QB.>9S&B6+)](^$ANX>\-#!-0?QK?4#A*
MQ$8Q>!M86H5-42LKPB8#C<M2";8SWCLEX&S)*M<2!KR#T(L'>[S;1<<P-W)^
M_O^907CDE&@X'`^'(>)P3)QI['!<SI+>8U$J6?0["4%-*Y5^U(UF-&'0P9Z1
MWV".]W5O=JH1Y)?^5)N<JBXV%3F5Y!)!00U/.NRP*V`!#MLNQ>TMR*7B,$_/
M\M9K$R3I7#X0<PT<O3P6;@@'B-7H$2B)-D28]/BHY)5YVSQZW%:94N[$JALM
M0:MEY;S\G?"P8DXL#`[FVRH@>0^@O,?'TD)Y%J8>PL1#R3F5T6*\CI#ZI4FE
M\!V9+I<3M=G(\[)MQII,TPV)&^J*=ES>7A685F$U:X5Y#'Y^_"W!J)AS))\6
M!%G?6@+;87";2J>>A;O/SBRR.4C7Y?R"'.T/@4]B%!N@)XFWW&RX(;GI&?N+
M+!#",&-:1]_D^ZVZIN+27=W#RXP2LC]![D)0@HA"*@')3#D2F%)&BM(8=%Z.
M#]W;:^;NNJW[M"ONJ;_7*I'*-:FB`2@V\T('D,V)YT7SY3.*\DDMI9-9T-#7
M"%;?OF8A^47C.M64<31?=J3/./B=,[\/XK?)&[1+^U:^*AI5$U_/)K<C<P%C
M-(!DC!?71F5CW<7H>%\.`6]D+Y@;ZC&2\'##"Q:F&._<.-W#DHWE*TS[C5T@
MMDJIXM76F.^8Q5Q4KQ'**RZI5X.7PW@OC<?>5IQQ'(%1$>4I(^7D6)UGR$$S
MY&JU(AYHV-J7T^B0:]Y7^F*K_"HJ5I/\<HA0:AM:@!Y_OJ@]=>YOZ6>9PH2S
M`N@/S^?PH$5_/VPPH^1@'G&->4[.(U[Y2\YP4GP0WSGLDV>1Z"$2QFO-QE:M
M[-08L&1VGI6LUGO-@O;<=9%?N`C;';P8DP@`2K5V]9Y]6[FI..I4N<F_(NYA
M"OLB3DCQI3.?S;G+12K^PFPWB\DVR+8)VG/QT_HL5/G5EG0('>\_$;J.W=TF
M\(02-UUA3G'3LO[Z8)AE[D>-*JPI6R!9$06@#H>4^;LT9<<2%X+RV1T4XA+B
M0OW%D1'HL_CV+9&`AY$LS?F.WM(>4/XR"#-4$FIM5<D\P6AF`=,%R>D*+D@?
M1EE@GV8RE']<T^DL*T<4E36H(SUZ&7G_HTX],1::/>LKISANL,FQH:%/XN3J
MCTR;H[%_YU;=16/U;SQ8(.?E+_V;P[]UYOHA7,?#&%XWPQP*`[?-?[?7"*U<
M5Z*$FKC.CHQ.]2-G=K<?2F!?I!$W$UV2%8EC=K#H%HESU#BMK-<X.58.*\47
MN?6)?Y.)0FXK=<^Q+D=.?FXSEA[WFOA-O5LYKQP9M)/^@1NTY7=G%O=5[PUZ
M6EO35L5<4<YTBOE9(SO$QV.TI7&*QID+FN`EEG0)5O>PA+?H7;NDMVZ*[C3[
M<I@9#+*B84"[NGJ\T&=;/3[,/I\%5`Z"Q4YUU0LUC:LG[@T(W_LE?2\@E$9U
M2AC/<ME#+N70@_%>BFH2-.XE*&9?XY?Y5JLL:C:GIMB+\;X2V%7(V4$B>1;$
M/H*8)X260QND)';'R>#K?+!5$#5'(TD014;H2CQ%-46>1@9'9QD\G0QRSS(X
MEZ+.`XL1GDK&KO>5920063/Y@]+5E9G$XAT%I8A(:0HG45V$I`_!DR^;P-L4
MV_$7-[DA28*!6Y4MV[B>6@MNZTS07&NI7O8Y8FSQ1=3><U28R`OLQ#,I,HFE
M\!48RHDCF0>I.H/D3V/`',-4UD<`60>QY6%U5=WE/+WZZ,"897E-*F*+PE;P
M;L[R,&%48]GK4^SZY$N0;FB68N;_W*%&<QUFG"NO\^U6P5?BT:MZ,0?2J4T`
ME$I)P.<\A1,+_I048`:LDT/+:P,4KCZZ"[FSZ+:)KA0?,?)8E09@QPS.&'@U
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M#B%-C<U&P6YL.1\OS/R91-<T]AJ.^4HK\][QDY$C0>2P0<Z,T#)B3M8YM`F+
M*7D,?!+Y2?4"IZ6MF3U_-K)'&I.Y<A2CGODE\VN&!PV67W(6TU60HAL@6C5#
M-VI8W8P]S!S3+7'Y<(Q'?,#W3CZDP\8\\ZM:<CY:8]HN.!@"FJ`\&3C5T-;,
MH[]H>(0#O<>1G&*H,V]4WF"P4SXQ<O?W14J]KWKF-#4V<^>O&N[PD?())/SN
MV6!G]LCLR5VM9IAJ90F;1.+R4J1Z_C2V-C+H1]UY4_AXL;$<>;`S@YIJ\NI6
M+L.YM%L'\TGU+YJ3:N/*=SZ^]F3G4N'.G*!OKH?)<3#V()'**IB,_(<.ULI\
M3?EC8/Y2R_SR<SQP(I&+0IP%HEEW43EWEVT?2#Q=U3@X>G)C/_G$W)ET&0I;
MY*''J*V"H;B8&P2#?Y?E-ZB)B,._[>0?/PM)'R%AZ@ROKF)>)P[IWBH`2JRS
M00#8I_)",.=5X6"&2X0#'?GJF<1>D*#E2V9E5_;W&:Q5&!0_?X,PR)6"T'-9
M^K13$92S</0Y[IJ,K\8>9J>/G@K@V1"K4_K(0VIBC_3>S(RFB[LSW3O<X(EE
M$'^;LUIJV[;>Z&FR.2-GRI40_SZO:5U8552C*\,D\;$4V:*_A>W<KY69FN2X
MR,RR3)X<*,G>21\Y,[EY'2PJ!\[<O8BT*D,Z1D!>GGGU=GF']QZ?)U>M7#_%
MD*T"H<DVBP)1%D(4'V>Q*U*02OG]/SD(`;-)`@QG@>FS*C0F#13YM/,7<,#,
M0EU`[&$#M+HU*8N^.7-@F38[?^WDWSM+0+<[[$XN!M6V9I7*?)\]R>^SSPI6
M:\QCE?8F=ZG.G<RS[R=MYM^Z)\+9)GT$%Q?>AOA92*:K,E^I&U8+CM;[Z&)2
M3S9JJT1HLK"H$B$`P!59!L&YK%4E51>"LPP=+D/U-^,]#CY=C2G:G[#F$98&
MDVX"B\A=?[R_'4]&&.,^C<9DXX:KZ>JS&P<T2TI5Z]:-W#53M18D?@P\DHQ6
M*Y9G#T/U<>-MR!`W!(!;)5^3\T7=Q63)U[P?[QW&;\P^"SC^R2FPK-S0EB'5
MK-`I8LKR#WR/F9`YMCA$CJ^L#)<8.P)EI\39*9`^3[/>TZRNS\Y)()J41Q!H
M>K^897#R\'B`/&9Y6:1QYJ68I;I\-L$"+!$C!RMMSP<RE06Q`Z#6::))T:J9
M)CJ-78)?.M2QX][]]XOO'8Y%GGB`IZDI$:D\KN`B`7"N-'(B^1<!;&K:BCN2
M5M/,\V)[Z*N7/QXE2;8%R<,HILB_(#XKQ"KBH!KV$*O@:IT#FJQ,K7.@C,G3
M9-;`(DWUK/A_<@H4RE<Y$GEH%J:M03Q8W=@BT.N\`1@F@-C`)Y.9&P.B^?)4
M\*0I/4=K-[,'E\ZMN-`E)I/W#A]6K):EC)R]N1K85R;!:>.8U-+,))TIHV12
M)?'.F2M:KGR6]O@6ME2:FOFB\_`N^?*9.4,68YTYTY"?1#,?3/NPH;UQ?_Q1
M9U9JF$7G/:HSTR[@.$DB^*!<RE+#P(X]S"S\LY&%$\S+GH]=K41YUCKZ+)"=
M9I^F@YEW/QMYAXOE=]*09X8=,`7[%_KL.TCK]%33?.FGY[D2YZ'ZI991FDP>
M-V51>_,RW'V<5NXKILI.W-<G`;DY%[X_P3)PX2:;ZY`^'2`*M9ZMS%<,<#+S
M,7"K@?OP'8=]Z,SKEJE_1U.2+&E!R>(P7E+4Q.;NW5MYK1B:JKS^CGW*2:G$
M]=*Z5'[N/+T[6T.%I:W?_7M3+R.#?]"I:KKD#.<+^+Z)-.8T#*]IC+$Q95G4
M.?%(\(AN*+UXVFVL5DX;+M9+3N.WG/QCE4*IY??.,M!1!NXC'\B-"4]A"<[P
M$FFTQ;^D.KG/.^*QT@UC<@&49W]@\#2)`^JSI.[+#4W$.]2;1S$I>TT]+XM[
MR=+KPM0JDX8K[U(F99@=#K3#H:Z6\LU!P+N(,:8AS&%GMQ0<^CQ//H/?D1!P
M`(-*?X;$6=`["SIA%T;YWW/R2**,Y(89+.#$>";H*^IS&2Z@3S)PJ_`9+I)E
MX>,@B$=.#D1A=V*%H+A0%A(D(#E+T&'I=`RZ3]^NYJM4G9U1GVQG)"?;.6M$
MK2PVY=,QL+=/-S-K=;JMR,HS*K+R5)/RG/G:RM>F!"*=CBM=.YN/I;K<B\W)
M2,X\;>5I0]*>ENKJ'7J89^A?&RJKZ[/^G/G8RD<1N7()*DI(=[R&4.3/@^0K
M_GL/>UH,9(M822U-S62LR987TFH.OSG=X&8%[2,_L18V)#DR1X:!+>8,"O:K
M`H?S75ZD>50MTLRJS_$21>Z_R('V;Q_<W2Z(5I3]#7]%$>6@\P?!=D?CU(G<
M+4EVKD<J8O;\$(??TWC]`=;>GSX$$4;_HW]%XFW(UKVA/%VWH0O^]5[T>X^/
MWG_\\?U/'[]_3OQWSH<6$.2Q?F9_^6GGCXL.^-6?NWVO/L0O?'I%+&[4[_;E
M,(XKO?#SOR#2'__2#8B5FSRPD;+D_=IU=P#(QY_>__`1J-8(`?NZMN,'$J:)
M>/*^'*H'`Q+B?;^FCQ]\$G2&I=X'?QSW]8`Y;_0&0.J6_SX.#&:.B/>]X9#[
MB3^.@R1)=S$.][$/&$4G]NM]V?V`">*G\8<4%IH/$8W>1]F6Q('7;8[(/>]X
MQ][3I&'`P\`X$`9YQN%`R8GF*ANK23I(R+=%!.>W=Q<^+8I)WQ),UL3W;E`0
M_DOW#H?^[1W0'7#^U:=;V#`GL,_BA@$09P])&J0LB.I33+/=;^\0VN#7`)J\
M<UQXB]6&?WN7QADTCX*0E:<4?_.V.V9Q6[+O^!F_]6\`OD.Y"KPDKA?[+,L+
MP@,2K*.K9X^5(BE1/_W(G'`<1=!406^(]P=0;N6&22/I'KAIZ;=W'JNIJ*,H
MWTO3ER)H6='W$T@&MKTCZ72U=)]/2%O31_X5R9Q@XS%9@<B])*'KG_G7(/5I
M*?KZA//)PYO0K59QG`G0"0FI'_Y?0R2UQ=Q?CK9B_&](;"]S"Y$H@==_BFM&
M&(;P^3XS`[CA%8"S9?'&;*C)=N<&,;:<1A?;!T`P#AZ9U4P6K8-Z6T*8-F72
M_T>65\(6FQU)IJ#!8=G1+$@V#+M567Z)$Z1'IZ'0X3%(:+P74=KU4T'3>[M.
M!B);%YQAV&(7^3<NF9,$@*X(=$L[2UC6,J<%$I/E99_)W*^;'<M_5[Y/5\4*
M-:,I9JITPSGQZ".,I25"6P<[T&\1A#!D>]85S$C?)[XR=1O>VS5U<R!+?:0)
M#;6%E8A\GEPU82"]L@ST5`4YM1/4W`UM3G99[&W<!%;O/S*28#HW&CX2/[_A
M7=))1,)@'<#';JA;.8P</L0P]H?=+J;/;&V;D1C3]KIK6.]N\#+LI_S*+;V&
ME?^S&V:@XRYIZH;\^2UQ\8+5E]Y+=#OQN+E<@5#M^'"GIN2)2"9="*KX22\/
M)]Y17[")C,AL`>]^%E,_\])$7,<J2TRGUG:M/EJ0N3:U@'.CZR_PY`@J%+QF
MB027Y#D=AT4=I&:\.PY2(4<JGK\DRP\B23=>V\MC%OH6P780^+@5P,:M1\G0
MSC:D,!T+NNW/`=!K&M<WQ:8&K[J\],;B#M8*D*<P2R[=_27LUA'LY%'*8"]2
MFN'E3.XZA)XHA)DS\`SP%.$U?3,)3C&Z=?1C)1<`Z'PSX1:+BRS&M"Z+[('&
M@!1W.<&]*9G7;LH.'V(8E!#.V8O@G[@_,PM/9QH8.@\#^UE,=CR]]6)'8"YT
M15S?SR:<QV[T-<YVJ;>O+^3J&ZN6[C$)Z5.9B^13[/I$0<'0QBYDKI:HMK(F
MM]0GH8))4P.[T``MS=O@+J'`K[RQ"O`+=Q?@F8*M3!=N'._S(#X>^#2)_@]Q
M8TDMZ-I>/A@+$-YPLF,,.6S&MW!$W]^Z\5>2EL8CC.<"]L1NV%`]0,;^J&&&
M8$.\<#/N)IJDOP?KC>(3I']MF4P7,-[0)P,&TEM;$;B%0V"V->!0;6`7&O`3
MI@.F=:59NADQ)SE7P<78RBZ$F"_7)"KO!::KD9=F#'JAZHEJ(!JCX2V-T[6[
MEN\?3CBD':M+1Q)J7(N8TYS81O`LA;?K(B(27NF"`Q8I@(E.^8I4O?!W+)3+
M9!))ID*!6)Z7<R%;);C30A$A@3B'89%^8P+[0YR)',TL\KD8E]?G^^(F5SQ&
M6F/-L@(8ZZQB0)5X3?SI:H7&@GRV[VLV86.C84SOT`VVA5EO]!S(2YWFG8P4
M%F"(UJTH^>FO?K#E`9F3%YI/%4@OV>QNPD.\M6M!0!#%KE&#O'QLR>55.RY)
M$JP"XG-UI[;.:]_:QHP<Q&;@+0<<5^<L4::SYJVU$[H"JV9*:]_;Q8XR[PAL
MA7`4)<F7(-WHO%HZ-!W(Y*?;+=8(=D.AZ(Y=[RNPJ3AV\PLRY3*F=T?+6+W=
M9J#1,$]<EE>"X&&`W2E4<6QN-0Q]@49^%JC7@_7GEG$GPHLA?E#@8J6!OZF)
M;:BP`9EFD$PC]6#)[K:PV#-3MI?T$AT&(P_O=IAG^#22DR94*'#BD>T0Z!;K
M&8UW%"A.C++1W,8RX<@!+>N5-N*B-K$4E2*1<#,J2A.[4&%[J>2:JR#2U,!"
M-.8N.LJ/7-4JJ']M,0IF#*Q'8/SP8,)`>FTO"ATN1KNVMQ9)HYS9*6;U2+,+
M'F`%2Q-S@EYNW&A),$8>-_0R!&%5ZNJ2Q\$)QAJ$(L&<9[R]:9UO;F(5^P6<
MBR=WEWP.U"G9\-Y")%+,%W0=$S+GZAOU6/5*/%O?1SZ)PWVU+"AS>[EUGX-M
MMJTC?-Q8K^I)TT54#T,GB$Y'&C&61:2Y)%Y,W`2.-;*/MT"2AN&219W!6B9A
M4U+CP.XV>5F).-FE^\SOU>IQQ7@RK!5$XZCWZS>$-;UP&/7VXPQ.?:EBAVQN
M8=5B*(')[U&KEN&&UW::AA5@RTNXB@%BL2->L`J\L9L$Z/UKPK?[$#)-=I3Y
M^!.L$;LF\9M.6J%1\+EW29)@'>$2/$I^)_X:65?<RVIB6P[M/XQ)7,6MKLTT
MO;=L`E>!O*/IL3SN,<00V:P)XC0TL939I>?$J@8\2Z!TP5+EQSM,A0L/\$"I
MP_:048;`<G:`+)Q_%.X&9+1*,1^(@AYZ:N41U7/BX55B2;:3#CH$*K;(2>$W
M<;3$=1C)DCO.K@23_,T.7XT/&&2X9&I>DC6-+%V4)4B/VH8/&V>XO&<KJW0&
M["0+39WLEPVC`J)O9RE2R06!38T9<J1ZKKIPBSY]!K$W!JL505LG&9/TB9"H
MR#Y3S$C8]HN'<X(L@YDK[M(S-YS!N=D+=BS(A%V@HY\RC=9+$F\QRU2#D^SO
M;C*&[S5[[5H(6D5\;?#AO0QB@!'0](@V5*WIO5WSD%=-J.2,@/T"7<-BO_*T
M9M3IV<]2:T]G+!337.^>-K(]BXFN'H.^&`-&0/R1!3[JV**$QB@'3"',"4<^
M0'1>D6X+LF:8+;+M%O887A+9C?;BQ9PD60BGO0Z$ZCW4P"A3E`9DE="F41'5
M\2ES80-/"1.%W'-1VNS'^T^$KF-W!]N%R'\^7:$H'435EP3#3HZ42$CQ,XI?
MT(*&OHF@AXPR('I<@<;CI;))07HYC>08)7W)^]ZT.^$7!T3G3GM'UYX#PILE
MZY),5V)QKQL!JY&&XWTY!+S)JT4N-H2D8@WB.=AU-L.^!'Y+$.WDI(@#G9$8
M*_P14;9\NL);.X]5C`PSJ6BH:&BB_0D&M9-:A>A(N5\ZQ'\FQZVMK_'5`=*[
MDG>Q,F$U:0*G&%Z:Q8@8NXX^F-XG^NJ`Z)U+TVL1^E2?&PZ%3VF+RC>G:9:B
M8<YOV23?$IKA\*=X]GL`"V?L;7A2RADO:YB8)%9O/)EJEVA9K^C+M#<%<3B<
M9#DQF)F6):;+'>R8N49XVZDI,F;<D(,NF+1Y]>_+L5<!93B<Z71HZMAQ.%C_
M/7,C@"8_IL`18LO&FL/*BBDDUXM@':$'';2ZC^@#5FE`:";1+F/Y02ZX/+S2
MUFP+M';RMZB,@UIB\9-E1&59C+@Q!$@'S]'/VTC^(P:SGCJ=IKJYO4TXPD&_
MEG2I6-7+!;QKC2J%(B\SNDWTDWDN_!0XS(!I%6-I@>&+RGV"Z)?FA6H^7F:Y
MQ9Y(#QJQ"P:/PA#_K&7`NG*]C30VRXXQ74GARF4TE5EFAP2_[3*0%#L!$E!;
MHVV\EX,!+T#^UQ0O0([@W,M]U7IZES]+\+]L:$+&E'YE)+EZ]@CZI?!4H.S1
M>'^+]3$W;O1S1P*?[C/64[3C3F=J;SV.)1,Q7:"<@!!GRXS%>-"HO&\<[^O7
MD30N]9J)<'7"SGE9LN(HFH\@?;PC72V!T4Y>BC)P^$]1W0\S<49)41C.U&;D
M\4(=G83]!3\V7.K.;\>+,E75R>C8.NS0*<9_GYA>C8,.EUJE?EGZVW@4S]\D
MFF\?$I%#*]=V?!B<763ZM0R6D:Y2(+_YO`J#;5[RHE80ID7S&A;\WX(,Y"_*
MY,IS&-4'FHR*!'KY)E;F.#HA"X_\_+?``;T_5DZ0FLR>C.X'??1;H'9-76/S
M'@&!$8I+72D;.2B'.S?(CWJG(_]IH/@6^&%J+=3I$Q*^Y^>^%0J39J1/2]M.
M'_H6J)K?I>:>8[.8/N3+Y1<2K#>PB%YG*0Q:R3G-5E@QJ4]']Q."\BUPAGGU
M%=6L2RRO8[HMTW"6.F,E(>?IN'(B,`;,D<*MOU9=O53V)#_JDYW;COZLG13_
M[,8!OSY-"<SW]`KO7KO:!WIT'A;V!;/O:.35"H_V=<LX_3=LHR4>@_%Z6#,W
MJ@0Q-LP#N^S(KT4]YH<M_G4CG[%M+SDD:'C>JY=-7*P8)L1JZ!)A#DUXR)1L
MLP!P/P>DQ/WP$60ZV)LRO]AQBR-6?J!B5^$2'5K:O2JVA^:/5Y&0E#H/:,C9
MG.M_954$$QFZCC!\`F'J&<FQI"-1E%YV$,(<>F_"2-0**ZO9=B2%MJ,=U#A"
M+`16\C[8CQ[5GL,G2-]UX^V6B<-WC2RF.U+4,+^/X/O^_X)?/E6J3W9IF^M(
M=@2_HP,%5DCA:BT6<;T.Z1,[B(JK\'^Z=?[VZ#,,"<^M4.I]CHQT<YM!(%F&
M9!B<:NN>M(IS+L[DR(->[%.:;"DO_)G*Y+$A\TF![WC?(8BNDC?D@*X'G#=>
M(75(F=^C.#`+\^((+R]PXZL5R^[11<;9)QYL+>%+\MNL+.F<W7GR[;H7>U6$
MJ_(^B:YI#.A&L)0RQ:#TUFSRRIW&PHN33RP-*=\>I&$MA&]'+VE)M(J/%;B&
MH9W)(?ILC$6VV]$X'441>=:2MZFA'<+;<?F1RW9,HTO",F2CM*"EDF8@(FOT
M\J?Q?I2E&UJO%7+L.(.EU9S%)FJJVR#.-$L_!8\P$7C,S)*.241603I=E9X0
MLY@^!K[>\;.-P"_]\6%QA5D%U(AA=L<%BQ8)V(JG(VG7GM\(/<H\@5)^DEYT
M:1C!DA6^%X&DV'$I5KP((^\J/7V'&:`HM:+83ZX.'6X80B9\W(+M0Q8G]6RK
M#:\M0:U-0U+<^5C&6`F[I@:6X-?".@5ZYMQK0B]O,%#TRDNI?$8F59],.;Q/
M1`.BV<IDRG_9KUA"Z-9Y$B>8M*OJ,5ZW\)I;667;9:`R"*5P!2T^38VL0N=3
M3$"K874,K^'LFM?]6M+K8`7R*NJ`U?'KU\LJA*7(L`L73OB5G`=U/#LUM@H]
MM%/DIC]%*-57UH$NF5A@.6"V%:DLAUA/)55HE*9Q\)"E^.4EU22M/^VH5A$,
M@]MO6.%RR;].#E'GEBAIVG;M,(R]I4,*'V&#JV?7/J"K7:P/*=!OECV$@<<%
M6)GNAB86HK*`WAZZO/A&=!J;V862O#VNTGV7751M9AE*,%-$H!_HIEM,'SJ-
M+D!-4Q-9RRCVZF:'0:`+*7*EKBEDJ$:!UM9V(&X^-!6G&"FZOJR(HJD5U+F#
M)=M-1_2EN,B\//(=286,:[!O:3\(Y-$?&3.)JT=:165N;6G5NB;`O:-X:F'.
MR.A:%21?L>!O;84JSNDJNGW[#V'"@S;(RD&79:&;HBCE$U/W/I9(?NN!L2M&
M1;C+3+,/'#G,4&G5$#DD]D$3?5J[VC&'>I,$5G]V_+C)ZXKK#Z!RLM_:&=9$
MM!,,/DQ16](+^"_SUA`&MV8Z:1L/1)Q$(&,E?%$U7!F;V;4%=]A4K-A"#MY&
M>Z4>6.G/$<>-\JW328J<T6\N)Q_:#HH>.+6ZX&V\VCKYP/\RY-1'N9Q^Y&^1
MH!6CB;KE'3_6(/;%KHC;C53IA-^(C]K$/E0J!DPM)MH6-B(R@?6X6L2=)3(.
M5@'Q;X)$,5_W[&8CRHLG=]?$M<H[RX#G06+\MBX_&*M8&!I9B0[N6\;)9&QF
M+4I,CJX`2!]3*AN0TC:T&RW-?;NIC7W(\+P,;ACN+T&88KYJ:5$RMK0,,37!
M=U/.Y>3O&3SD)47*H+&[#-&:KHI66#R$1FD0931+ED\D?"2W\/=FQJ#2^<N\
MVJ=E/3<`1JU);$$@&XM'*!*JZ]VE%$^50SI;)7G_F45D^427&V"5&_F<6TMZ
M!QHI0JN\JE/@T/Y6$>'&)>T6+6,C.XYN9DD'!)J<'S6O[&)0&8^GQITKR'1I
M;!EZ6.F^'L]:?3H(":.XX(7HG?48D"?B8SR7)H&TPK&>_>QB'@`_)[LL]C9N
MPAQF@K06-F%H,A2V:L'7\='8T#K&88Z!K):.H/Y<9I$]N09**.N.DNH;R\@N
M\JDU[D:-+:Q$Q%B8(X@(0IBHV'7L=H#TO2G&RYK6U+W+8?-LL\<,B]D#>;%Y
M9DS87'A^C%A$(+3#-QX\$EF$J[0X<B@[MHM.))M$F(Z!\()@>!$7".VY3A%3
MR\$@+'B$AU_8_!)4852OAO:6PW#EN"D]9&OQ<+K%W-S2JD4]=_=DKA?(&`SC
M70#P`08`\H0\6,2.E@AV[S$,UN;X+-UGGF@%;=&SF/Z#9ZNKI2_JU%C&6WS\
M)0T^;0@^!.X%C7=U2:T_MTLN`3@@[R<2@42%"":%]F26P0_-S6K'YC:BV("*
MS2"S-/8-<%?>V04\+$%[7C"R-/TJ6)@:V85.%J8!P)C"MGHY5?#0OK4*@;O\
MNJ(.>OVY74"?SC/V7\8/%A!E`:UX/[`D6UR:`4Q=GOGVEH/0C]6*W,599PEZ
M?K(B<3+-TNGJACR2<+F)254L^G<>'EFXGEQ';!*EM)4HW;I^*R3I)B@=^PZ#
M*%3$)?&$?9=DY<)VIO6$Z=+6K@W$`+#&5Z%C<TM1-/C*&!O9ALZN&C>GP:6A
MA6V(--6ST=AMN[6VR5QK@%C#L;:FEK&.>2LI?C_UYY8!W>`4L:1PPO(VRTT0
MIWN6B$AJ<DVS&#/TJ*B>8C2[")1[$E7<5,6=L(2YN9E5[D5&6+GEUZ.Q+Q>_
MZXAH4V<KT9_1,/"TN)5OK`2\S%Z""3!X.HQZ'8@N;5\9N8X3C2G&+B]#PK-\
M`NSP._!S-WYV"85%/(B/92VZ.FI,HKSPQRA,7950K_19JP2*G>.9,\_8];ZJ
M.U?3>ZL6Z%H>+D6-:'IO'Q+7P3/0V$W1HKF7<L9I,6IK;!]ZV@AC]8V-@'OZ
M$"/]6QL1D"_Y&^[Z&Y#KT=,JQ&?N'OM?TUB:'+/<#<S7E#@I,3^@JR5&7O-R
M+UWRWY%T+EFET+2MGO0Q<4B%*@?TMH0P;<+"O>'=-1:@0+^/*)W3,%Q21`\0
MEI0#B2!].N5SPXKBJS+@UW#T@GD^)W[&(#T0_P.&L94B#3DO]'@W-GY5[%JF
M?07>BIVRF*QL0;N/0-<=D_26^B1LPK=[_\&2X#*(B9?.XL`C#!78]RXS-\S-
MND=1I]/0EA*.2?;%QHW7Q)^N5GH2*(ULG>8,T$G$+5(\Y?3^+HC(I;N_A#D=
M_9%!RW$&QY[4@&G7`>RE0L(KXUX2#V"&8^KT$<UW\'Z/9CEM>-[!`]A,A6G$
M8UO<YDU.T\Q6C,ILS$7!5]DDP6XA\<RR"79+*L<C,=>@!<Q?LJ$A+%C)%6`K
M9RI\V:]8NO2A%H,V?*[)+)J6!$TS6P6$NQTM=L3#0A&R\8MM5OY]@D7KC+I`
MSR$L96WI05:$RF(-72RRPEW,:MEH#^EK/>JO57GM;;YN*?D;9DSA&+O8Q<1M
MV':[]AT6ZAQJ8+"WV<+\03/[+4U2V$?((PS,7R]`J_`:)N0IQAT6R;ZX\8I#
MCF4'IC&Z]4?KA#_*:VGVEZ,>H]I%+F@Y75TA6U,T1N5JN+?/39?7-!YC%"AF
M[23K($)]E6FHU37JB%%D>Q>KU\DJN;[UW5HGG!9I3)($L1KY?I#[]QY"'--`
MUM)G1S#`;1:3%<&XKV;O\RYM[;*$QV0;9-L$*Y$0_XZD70J*`3=-!1E..>9`
M3,05C"5/\%(-T>(WWG\B=!V[NTW@B:LB."D$R5<68KHDS^DXI-[7)MJ^Q)<J
MXIF*YV\Y_V**:G.".W-Y3F3P:UW`Y/-H_ZZO*G"'.MC*>$G1IZS2I>J5TZWU
M4!#?`;@(VZQTV+QT4W<:@>K!S&ZC+68HK:#?N8]5'AAXC78%#5(R?8I4!XR&
MUU9M+W,Y#**X+V:WQPN2IKRM]H:PBN>A8PQC^S@<0YU,'#?2-R(^S(AX"KKD
M`PU%D$3AZZI_PH*&ODP,4RL[]H&VE=&CH/6$0;Z9@X[)0[F1M4L*?\(!8R,L
M/_<)6G_R3+_1>@0GVD>FD8]R:"ND.>W`,C7?VKU>3N[=(?M'Q^9VR$LWU/=H
M3=0LFIJ7EJV#JRROVBZK_S(*#0V&LFYMH2<(&#<VL66)+<1R73.%:]W[6,9,
MGEP$(!:SZ3I#+VR6;40W#[NUMX35;2LW.DTS-VCA%,/=AT=KM!.I3.[4W#;^
MZF&^HU%/+)4>MB.J=>-M:V<94H\DRG29.&6$FMM8,@O;L61Q"2JKJL]M8PT`
MI\N`J+XY0.]ZA1R(,ISU+(BZ=W:1?_N`AZ;?24@]+'BB4:0:6UB%R,+;$#\+
MR72%U=D0TLL@Q*+!HASW#$Z%Z'_29(0]>`#K;*LE)A=TNW.C_0)Y*`K'LOQV
M]Z!7\J(_Q*_F0P.\-3%-8[*B,;D*@VT0Y:<H;ETKTQO45LU%.YUM@LYB)BJ9
M&;LHR4;"'SNBQ<0J8C5PS<J%*:Y$+HSW_#J;WW!?``'6--ZW2^NI1K:8>,=4
MPC+2[D0##X=T_'!77L;@5PZ8J*<8U6*B=4C+:R1/O_Z6$\*0D[=]<>HY@,6D
M6)`U/I]$[$X/NTRB+P$H8_0I*NNZM5/DL'%L)DRPCM#MUD6D=EF:H*%Z$MT2
M%R<_=@&-BNT_*`.H6\%!-4I+C^U))#39#M1[N8_93.)LNX63_71U1R.O9@3@
M%3!PAI6%/3K0\<@1+286NT/31`&@0T)#D)R15,>-9Q^A\-()6$NB1D-@Z47&
MMG1]&8)CQ['KD%XB<SM>"+C_J;\+Z-38-O1R1OQ.0K^I?EGIRJ7S7F<L9,<R
MG?(WC?)#LTC&4U[T-BY&-@%EXS1M*3>G$<N./2R33>$1(7+=C/=82!LK'G`V
M[W&E';O15[2>P,">"T>+6<8RP3`K3"(3X12C66)6-U]NJ:@"(C5<.U.IM>L@
M2%*I++C"1&YYA,&2YG&@S<4*#^EKUT0J\FOQ=9*PI5,J]%DLD<K*T;NG78AG
MV^EJ%M.'0EL%489S`BL6$X8+X)@+@\GRW[E'CJ@-,26+#+8T'`,=V;D-#P&O
M7$V9VMAY2:6'N'Y=96YEE33FQ3[&H"(JFJ/NG8W`MY0U&50]$P#VZIEL=VD3
M1S1O[>+))HC]F1NG^S*25$'#T,8N9/`P+?G%\IR$LEE&0:US#_L0;=QQ]6]M
M1*`Q]5_3>[N0D-/]HP]VD>%^&A$)%W.S5]5]#W4Z;2V*,.S2!QKHGZ@1N:?7
MKBEV-&J-M1N:6UAR+#L`0RWW:N^'@9UT<E1.BGDVIO8S9\>>=JVNT$A*?E$]
MBFA?VGD&J8%:/WPTO+:*%?<1?4";)]?+=UE:94;#:SO9H0!;9TAC`ZM8TN0W
MTA`0TMC.*J2$81D'N<R3#L`9BE\9RAPR-AO$MEPKJ]6<7K;.T-X=+>,PJO1X
MT8DK`L9_+%+J?06M^#X*T@3V*F$TOJ/HP[`B0<K8'&"4&ARBI['XB:G4'MV0
MW;=`M]_=1SCJE-5?(YZ10R;<JW^ZL@*B$VWRAJ:*^\4L>P@#+[?"-IX>V]I9
M)4]R@FKB2Q4*L1A-7J!#>EK']<#NEI%`E_T!$%#7C@Y-K4+M"PG6&YBH(U[*
M&>^0MCML?TWCJE,.3\*\R!Z`9;DW-%/TI5WC)(.]JL7^5-01H78+V#6$T]P!
M=-$/,TB*S&*RX\&&BQV1@T\/'\%B.HC$1)D;BD(:(K]5>:VOO]1OI,Q18UIF
MQ*^A=A.LE(W"T,3F%7-.$!Q,VY;S2$G9/:E?OQP^`B=$EKS''TG!V,6AJ0).
MQM[8W>U,F<X:&UC%6DD+*=:A.481E'D.2Y0Z-;;H^EE4IYJ3'2@F""#*U@7=
MT#@%"<-Z7@`B"W\2F8*D7$@L\RZF*O2GT25Y*#7Q7(:1K!A#!3T()C%G*-8+
M8[WBI^7U[^T+DNDPO*`A.K[%?/5&Q`SI"PX>P*KYA77C%@1M);@$B/S&Z.,7
MDI0Y_H$P``\12";+GJQ%'=;;)J7!'$PA<C-@5?25E'FMI,"A_0=AKJD55Y-\
MUUO*L&E:6B7UZ%$^YM3A4=MX]9-L*DF63&TLN40Q[RZ\'"3Q1;AMU7RM?VNG
M];H.:]UXW?3>*IECE_MU2+4>`$V-K$('CH*/`<V2<`\J!"@-;-DWXM:]AU6(
M8KZP<E]?TG*5NV!1Z_'.C8MP'DDF^W4[;.)M]KB#9@_DA28>S\K/DCBC7]K2
M?<846]4<:_`*SKL8A)E7!YM$>3M->K:3#7@`O5Y,0KH@A14C6)GLKZ`*1%_<
M&"\^DWZ$:1K#)GU*Q2-6\+B';8WIA/!6F$>,I.@\A-V44#DJW>.AVQ?Z&.Y+
M);*?=+2-91-M)%@E5?$^(BSI79X"+T_25%*A7Z]!Z&AZE.0,`&WH5]L.&&G^
MU`TQ5XS/Y;P-=VV7H9&`7^#?T1!/D?`W-S5>P.J^7]'XR8U]O0QTZF?',;,G
M+2[<70!J,(LVE]$1"7^9;Q?98BT<P&:[<X.XEG'QA$,.DH*F;-R=&@\2:^U%
M;V#$O;G+$"A01-!+R^(>/9[\`'7B!SFCV71U36,2K*,%@![X`:`CZ1?'#C0$
M:O$-@N</*_0HY=QF;F7G,:T!YJK!Q]C(3KO/)0`)G_;JEH3Z<ZOL!?GLJ,-<
M>VP5R"-8]7Q,@`B+/TM[J#FYF]K8=!AG]WU*:D[YH56D+W.B`#EO6?;-HLR?
M='=4>$KKJR"V)Z<YY>@5`MJ0V&'TZ`9L!"Q/YH:DDB0%,V&@U81?Y)>O;H*(
MK<?2$GGL.#;-@RJX%]DV"YER9U)W92^6DBK'CS0$[>`@WM=TAV/&L%.SR+U$
MX7S0O:`K-U:!FJA4-E-WE9<:WZ:9>/L0N+CJ@@S<Y<D?ZLJ!H8E5NQ6;\OR\
MJ`9,:U]:!;XH6(EY-,N,=M)Q7\YI-X-A8^[=Q\I>EA-VXZ9?X+0X)P'K27P4
MS#L:Y188D2!O$N4^M7P0:9EX6S#L6(U;KWRC-*9A"#.WF.?%(9W%(WADO/],
M,?NN>"Z%_N5.)SHGL=./;)%'V<ACJ;2QC@P-`V^O4W*:F]BT:LZD.L9_S]PP
M6`4BEXZ\Y!?E1_45D+OUM(B!PB^OR3`EYS97O?FZ]7IE1[Q6JPR[[;TD_-])
MQ/:1.Y)J2KY5K!E]N@UBS;L.XB3MF/U1,2\<T->JO;F2M+]!C)?N<V4=[];!
MD@NAUBM1KR\%>G09!@VXD4)GH:B+>WM+JX1;\`2/-M-HD<6[,$M8!)J\HC6W
ML6B#*J^)V`V*Y,RTA\6755%DY3@*7WQ97GMWM6/=[DJ1XNI$@YJ.#.;V0\#]
M%F9ZMEV2>,LD55RG&G(<=>]AU0R&M9:!M7RBRPW-$C?RET\D?"1HTMG+3S=!
MC)DNE3N+0P>PB@RW;NQM&(3[:40T4"_I?V;P@K607E_33$N54XUG%9'JR7'=
M1\K*=\PS/'1.HS%HK-YFNA+ZF1R#4_&$.WH@2[;]EHJ2S)4M]_54,GGH7EK%
M;2EU^?8A:<A>;\AWWM[)*G0K:9[+I,=H>[IVHR@@MZ[B^=VGCU7(\H)%<NYO
M/%7BH1)SCQ0[EG0HZ=K!DIG9MI*MUS%98V`;IJSFVIFT/&G?6H)97ZO#R//X
MS1;A"@G:3V.R0?\&X7:+;,PC@GA$%V8Z99<11L/$L2-;0M!V'Y0:WI72ZR8"
MU1H.`]_:829ITWN[MK=J_9O#G\`B3.\/$HEN'WA(@UG/&ETE7DR?<GNRG'RK
M1R<[#CF=M%Z=<CK*UEF2=E#_CQC"*HE8D%W*SS%UE?S`$\#)!K2*3&T&^:KI
MKKLAO][/*E-^]3J-51F-E5+IQD96\7`4AFR15FR/M>=6`2WM*)?"=S?`(KFE
M^7^\EV_("F,;\[@84_J5_[6'HPCAE3O*_*D-;F:O^E'KO,\`SAW!E$"8[V'$
M\^3)#CY*'&S']E;)55,2-?1/P*IW8Q*15>#I9OP!7:U"7:S);-+?N$\)L"M1
ME^S:ZU=>F3L>9%4/+/6-K5X`#8O&K?L<;+.M_OZ_K8]%%RM=P`ZB_JB*/A:A
MVF?Y5_2'`_I:M9Q4C&%&2YF5X+-E+@^>FEQI?0"5MU8A</6,Q4Y@5:O0&O;A
MZ]!=@]0J^E[G#E:AF:<'P(LV*>>;_%!>YRW(1UB&DY5I,W3^>VWM+%KG\K5W
MD;KP30H`\RC4.0&-CV>GDPP$'=I:8AEK\6#+'9B90HLY,%TI$$?[<A!HY1#/
MR2,-'V$QX%ZVA5FK.L\Z-;9M_E7N96B6SF+R#UCW/%+'S=S.,K3*1(<)\(+X
MHS@-/`S-P!09^RM,^SD+8:5.@]5*H]5W[&:7M@^'\!U-,"]"'OU>+)2*LMRA
MZ3!,M`^!.XF\!8D"&FO3@#>WL&K?%J$@L@-84[B(KHU5R-P$#S3&*WSM);C^
MK54(8([31OBU+ZT"?[3;A:"KHF.!&Z\#Q?C>]-XJ)*Z)C^O1=1;Y+#9,CXJY
ME54(\:Q,H/T(^6]@CKF952C5MI%<F57N0(VMK$+H)@"]&W2V_9C&,7UBJ<#9
M?LBCJ-2EK%-SNU#$C+4-B6O+`DJ:"*+>'6VR*'8#OA;8VZO3`=B^0B2OOBI!
MM5H>*+JW-$HWAO)+/3I;)>SL"EEWMWP'S*O[Y3;<X1\SAE7$*'R13^?(>\(A
MK2+5',Y#>;(P5OX$4PPFO&(6NY=LN!'MV<VZ.TV6^8FYZ!#_.DNSF`@DQGG%
MDR;,^_>T$/E:1DF671$-OC(^(A]6,R&.&<4ZH@#\GKLKC3_<W1,XBE:?Q8:0
MB@=8>]M!&/WPAAX+%\09/IR3719[&RQ[D1N<86Z[:I13]SZO:JMN*[D;T@=^
M?@)YO`FV\!U%S36UL6K9-BEL:.(B+)Y`J<N`-4ORD@W=E+^N8UDB[:USO(`^
MUVKQ*W()584`B3SK#^EMAW71O`Q\(A':%HIPTUD&/P#Z64RQXDG"9H(T2[HU
MMT0FS*@7!UOI(BJI)S0Q-K+L/F"6I0^N][4\M9EO&SLVM^C2D5W!EX7Z=/".
M5O``ZY>AGD[Q1Z5T_.$C#)0,>!CA2&QB0@XC1'T,BTC1?,>CD_ANK2U"3]PE
M!Q&9KD3R(P&S<B?;U&P0J_&<,(=IA.)JM<)2;;F9L1Z:U=KP-=#MI7G4X667
M*M,L17+XI3VU'=&6CM8CKGJ`B.C7^MWM(7T'(>:J-3V9BT6X4?<PM+5,!2F*
MBT^PP*ZG]ZAO;&*=96!2:OUKEAH4#D-P^"DJR*L^Q]U[V'1ST`:UB8WM7:QC
M:SU7_I<8OC1=K9JSZ9<M[#C4M3D\L2S6DR3)B'\?^21>I$#Q*2M\G<Q@<)Z5
MQ9]$-S1:H^EJ$J&F@_[%H>S4=O1`%2GG@[V=-E5'IDCS>S+R'#RB370J0).1
MP/RM-"J2#LJO/K&L@_XL#CPR*E,<8>F:[99R4NC4\9?^CD6*_'0;!0\9DP3%
MKUQ]996]<4YP=_*`\$S:[Z-`"5PP-+$*%1`.T"6WN+:R"L\C5BA'$\1F:&45
M0F*;PHJ,>F2:6UB%R/\B^ZOM+J1[HKH$ZMY9!3PSE(S@@;_51/7HWUJ%`$O$
MO*2-*#2]MPJ)(EB1;Q;3N+8J<>G/]Y#Q?AFD6#QB`@=IT%AANZF6E#G-:(?Y
MR[QT[1FFI$PC)9=1_;E5[,T9<?6,A>D3YM=9![^QA56(E(5+)$=\6;22BFRU
MUS\Y:!CKSF0J/E6MKSL=S/VL0QSO"SVNUD9>L'-#<;5ZF1%VI@B*%`1%E$VC
M9\9)!K..1"6/&_&JYMZ4DN8R%6X:B93H&49_\#HE[1+UDE^SF,@"Y.9<+2PL
M8[Q?D#6+^6HEY+$C6D<L<8I'CQA>=TX.6($#K,<+4\BN%EU[#,*.774%$OS%
M2\(F=Z%J&QG)-3YZ4W.@#.>%&X:7;HJ%CECF^>M@E6Y&410\DCBIE);LVR_-
MZ8HK\*^8Y6AQJ-GWQ3'G23P/0+VIHWVX+X+G&0VB%'UT_R^)*?Z_M!Y)L72P
MZ%<S&T?,QU?)]G6B\>Q25C$HE*$E4*JB!7(`/[)8CQ7FJU"3HIUJ1$L)!0<H
MA+(/5JQS,Z&.'=$N0N73!/X%J*6,)G6<TB>:YCBE#"<6F=PTZXX<SBH2,2P8
M4LC%/FL)BS_`!4A-37>R(>TB51Y@(6$B:54Z5)@/DUK!]JAAK"()`QEW9!R%
MW95(5BW-NXH'`?&"K1N^I4:21UAPG^/BCJ=TK\4+HI'GP>B^.$-4:R[V[VW'
ME6X??5N#69-NIFTZB"/&1#55&,KF=&MMU4S59P]$]G7+,RBWM`JQYF*Q\/4D
MJ6:0EW*(3_29YT\TW!"F>6=46<S!Z2AG'FX0RT53$6()+<17E!_]G8;H0OFI
M4DS]F#&&(%Z'X5=-<G_,&(,0I.9)@V;=(,I`#]1'C=^0!&O71A]_Y.'B114)
M7JOQF/GZ8I_^QEDBZ#&-T0!+XE=DR<&?'@1+FI:!WH):DJ';.G/T![YI\BI"
M=VKRMGY@$.2=HQDDXX4\8C=*7![HBFG_N!<$#.5BK<+\0BJ9KA;0D>O=LN/;
M4<-80JH.%]11<C2MCAS&#O6J\QUJ/<IAO/]$Z#IV=YO`NZ$>&Z3]WO204:R[
M*S6A,Z81&^004C3UM8\`V1:+`51#Z`OO"\"FP"V?`S`M&@ER@K'L)9!:ROZ.
MI"+)RA7+.=)*F`/&L(X@(\PPL$;^*:9JS2NK;#_C,"/SP%^KE1+K+ZP"N[Z\
M"$<JH2#-L90$^BE4RKUU[U.QLK]]G!Y>8O@SK,DLK2,E9@VO![$'\VA8=<-`
MOXQUX,UH&'B!G-RC<P<[T&\Y*8M#9@4K@LR4`H<OB`^K(,V92V2A/GB`(5!'
M5CR+[<&?1F.R<<,5]TZ#D\]HM0K"P*W4L#^@ZQ`HPC-V%0@)1\?*$B;=DW9J
M;=E:IT_>D^1)$\;[&Y*F(,$B<X(:AG]0]R$POS;7ZPO@00M&OT&&<0(N!!ZX
M7!8[%4Z^RE5DQ^:6Z3_*]6DC?EW:6H5<_4BP+X04"Q:[47,EQ[8.5J&YR!Z6
M-,7RD]4IJ/A,M;2S"BE15B7<7S)O4A857,?(V,@J=)BI"W.9J'&.FE=6@<Y"
MV./]`@XY0%^O#G[#:ZM0N*,1!B=C6+F.`PVOK4(AS\!7^K8HNT]3`[O1N,'"
MVJVX5%I9A=!M%@4L5N@^A0.`KCAJ<PNK$%FZSV/7^ZHNLLH+N\#&\]F.QJEV
M4NC?6H7`[\$:UO\K/_.T&#2\M@L%XH;IYL*-E8FLOK$*\%N<D'#T^!U.\)A7
MK3YS]:^M0H$KY32>/D7$;UR#S*VL0JA8+IN8TO#>*B06:>;#7]H:2[IW5@'/
M<X1FL/EZ_$"DSQB@;6$5(LQM-LK/"(:Y86IE%4(+-$.18!W-"?.\&$4^'.J*
MIXJD=6MN%8IXO1U^0A`C;F.LER5J>&\5$K>4^OO$_7$:CQX`U#GS;U`6,E,C
MJ]`9)>PJ0!A%,`NX<CW9W,1F5.;D)E447E,;JY"9HLT#3D8S9FLDI7U.Y&G7
MZ)-]^EB%[-4SZO&7Y)&$=,>CCR/75\J-MS2S"B6VC99F<>TNJ[ZV"@463R`5
M?B&^ZH<A&5%S:[%TTC^P_S`N$,K9-8F^;&@8[ID"#ILPK_==N8_NU'@(UTN2
M4_,L)/X:%`\IY?IH"_,3O4LOJ!S"UZO3$*AP]4<6X`7"'0%^>G3+W+^G*SWO
M.S4>ALRS21H\9-P%C>KQ-3:R@[L=,\'4XP14?=7<SJK5?+&!:=8%J]:&5J'%
M9U<;3N965B$D+9920MSF^UI=*ZL0$GZ:F&\[)5$7':",V9^NN`L"ZNU;]#2X
MDRNWO<#0.>FLJ'%V*PJGY[5`J)IIV-#$*B&XY>7L[VBJT0!T2+4VM@Z]!8D?
M`P^C;1H/:"W-K$+I*HLIRY,_\F#QS..P]'7V.C2U"K5B51#KAZ'F@]I$5F'>
MNLA#IQ4O/X'EGLQ+.A9U`(E_F2'\(@]3G*3HVCS"A"@D)BYF.<;8GC%7J%@I
M3,P)UNQ4\UK?MT.-;#LJU41(4YO<U&9H<L8=2<MLI7D=619-ATR?%_'CG.N+
MX#G=+#<`_7JSA$]MD/?7(!FL+,YQ,O?2L%AR7&OQ`WX!0EV%^*Z@%28%)&_,
MNP-!^I=E(<IZ0:#J6OMVDZ\W0(-@G[*\\R@U_(]A#Y`;';`)^.FOFST>7K('
MMI6\P':@%`MGO*VKA>965FF$][M53-4B";7'5H&,Z<#<,-1>I.K>604\YFLC
MNA.2\L(JL-L*I)DTO/8N-BE\LIF$1<OM-S3T29SD210KI75:6MID4KDDJ\`+
MTNF*5Z/:`Y%YW=A*>9VF)D,X=F!1:Y*D>)V"63_6)/+V<Y*0^!%$,$1?6[3)
MUYC8J],@MMZ*G8^E220^NX$I+^+P+D8OQ\8.5HESOHS,7!33"W?G>I4$'4WO
M+6%AJZ==7A\6=@6TU`(*,_PPFL_N(S=)@C6[1*T)<\]NEM"B8UC?/$B^,MM:
M<O7L$8R^8]4K[LC3_Z'QUV*WN7&?-.%\?3I;0I8C1*1X!].8)4.L18$>TM>.
M'>`(HN2EEKM1H6C\#0A#GU5B6&N#D8/*?MZ1!-J.@R!':Q7CAN.WN;F=!W%>
M%TM3N4)Y8=4YJG)FX'7QQB0"O3M-/C,U]#(CK,8B(%!+T')`5YL4MN[@8S+Z
M@W&7.@\2>TS>?RCR4M]AXAX\'LQXJ:]-N!>EGV<Q!:"QEJ'&:=[<RMH%[#/%
MC5*D<4]8Z6K,)Z!G7W-KFQ@FZBZ"(D12EI5/4T>U\E+>'W<LK^@C2VV_)F]9
M!DS*5(+.X^AL/8VT2+6W'(3RPR+/EO3JF7@9LF"Z6H$V%R?3^#*(B0?*GH1S
MI\8RVL&;,W06Y\6O>1'YTHMVSXO,>W@)1<-0FF/,,Z[B,W;@"(,0`#$Y>>:B
M1;;#D(E1%)%GHIG"^E:6SF4,F<#5,B8;W`,1)K3(E3F-I=S][,P>!QA$RB\9
M9^Q#,*6+K,A%EEK,++TD6_3&`H;":AS$6Q;$B2F]>5W'I?M<B]UX2T`L$40K
M^64!IUZ?1X<:BMZ&/OR(\O9\*N$8]H1";.;$"]&R#1LX&Z*L#(4.="/J!;G/
M.VQR\`L=IHE/GR+8_PJJ]5CJ7N"3@YXPIZ+'JQ+_+/H%*5AMN5<E?OG%00@^
MWA<ER0*HX:KNWYIW5IW6NSBM781NL+T)W`?,$;%?!.N(L1=CIV'[B`@K7G"Q
MP6RH3#3ZN<3U'WT04E'>&/)9(3*I@MQS9)))E#\.,'/F?00[L,]WWQH53S#4
M($CV.2@J_E5"F>K/!X$,.B^)0^2UZS'A%E@@X^AV&_!UD9#Z[>LA?0=!E"]N
M_)#%ZUD0>9GBF:=]:=5B^3NLXNPV<$[\C.7&+LV7E>1?AE:O:LILL8?DR7_R
M`X2:'[+AO54\F9/$<W?Y\K<'2F-1W)`9*5E:2VPJ.W-U:6V)XO=21>)>L2C<
MN0@<H\*IJY(-LPI97NDJ=W:7?"UJSRU!ILVCAD.=U_E2L"F>#V)CSH&>Q0#>
M<WF:4[!2&PR#69.(A,$Z@)'Q8J=4EM7H`',[J[8^EM7\"CZYY0MJM6Q#)?%(
MAZ9VR&EWSV50C`F[?<+B8+LL]C9NP@)JI"LL_3USMYY6W3F##LF+CTQ7A??5
M-&I"MF-SNZXOQ;V;YC)6\\HNV/%$!KMR5!.BFCN=N96=7G0BCP\L^?`P>"2S
M4,VT86QDU9)Y@<;),9PTT1JEK/[ZMQ8BL'RB9APT#:Q"XSYR1>4H7R1I5E`Q
M-K(*'2#W<@/:NANQ9+.HR)8[RRA+-S0._JG/U-Z[IU6(2^;<QLPNIC96(5,8
MH>&8RZS2Z.R<_RBN,7*]/B\3-][73=Q47A=/-:`E2G:+.8E&?Q1NBMP34U-Q
MI*F)59)0@=/DE]G:T"JT6-;1;)?O#$KU$>U;JQ`H#Y[\=IS_O72?"<XLD4T2
M$ZJBO;(IZ^1QHU@R%WM2ZE#:?!O4P.1B+%"Y(;%_TWNKA%^8XRL%"(J+U38C
M?K=>5B%\X>ZVKM>$F/ZM50@4UN\9;`FL>(<H&LG]`M`4$83H2$UOW:^BON@H
M%09A39CJP2-9,E%;+,0\N/".IK`4IS.7I^YD^:#'>Z$^DMP6*5?XZ]5M")8N
M&27)2#5*)6=\@:B>$.V]!B<27TBPWF!!#UX4'N:"1V8DQB)V>AH8.W#TL^0]
M_D@0)'S^=M>Q.F#1+2H*:,RPD:[*VYN^/G:=['LS2D-QFN<7"G0=NUO%V-?<
M3I9:>SSP+[+T"9.P3A*U4J3ZRJI=:DS=V)>,JW7XF]Y;A<2M^QQLLZULYH>)
MP#0?IM@MGMR=I.]U:FW3#8!T63Z)+DB<`K7SH$`U34^GQC9A=QM$R(]\Z68N
M3DJ(O5JEKGL?JT25>_%Q``%L)16<'MU^O:Q"N,BE(+9FU&1QU=[N*HF%V]H-
M06_3K"QE*@E_B[G8?3X#^23%/4Y_$C]^))MFN"[]65W$36WL$F@]_#:#_/>,
M8LIQ-_Y*4J8N)B*1US6-53?M!/0MO#?VE_1S0,J"Q`K.IQ[7*J*A<R">LHE_
MX2:;ZY`^U=%O;F$5(BJ7IBN@/U\^NC&LG?$'#VD5J1@"Q<4-@(H^O$EN.]"4
MS&MO;!5ZH"3!#D%X&PS`R6^))TF2$1\O+VKUBCJTKG@NL&=O=X@V0UQWM._6
MV@Z]HVU/\C;$ST)"5S%Y#!+B/[@)AM'X?A!F,!5);L"'(1F/4H0A)<_I0UCQ
M'3IVG(JTX_,Q/G_+LX4;>YOE)HC3_30BTGU[G@U=.5=T;&_5M/[/#$!E,%<!
M)CH,.S6V"KT%V:4,KLXX=N]A%:*7Q).@5N1/BVJ?/H-!-D]\'_=!MMYG.,BR
M*@T]6:MT&@RZ5\QXW0_;>I_!()L7\*%9+U%6>PT,X;L@4F[9^_4:#L+L&?*J
M4J"C%_;F(:PBQ17`Y&L.A/7G5@$])GC[Z6=NZ).5FX7IHQMFK,.6^B14[SPZ
MMK<*27XDW[(C^8X=R>GJ,2`N.Y*[^9%\1>.5.)*OBR/Y+C^2T[C:/0FV0>C&
M21&9IC<#O,XWK2+V`;G2%'OGX4-818K;(**Q%*(.*UV,=1$PX\<<3HQ;EG`W
MJ1L7>G9[72M#&_>Y@TVRI*RN8TR*.K,\NS`NX[&+[A9E4*?$^(-Z6^*NT3HO
M**;/3Y"+&"N<Y"Y(`;NV`LPQVPOW5^(HMY#J-,,-PH1CP!66BETN-'C3Z88A
MX,QR>V@#MH\?:1`$4ZWOROYD:&+5&BK5J78Q$(`%1&-NETNL[BL'P[6WM&2A
M:"G?!VB@4D4H6_*\/!T0:%RT]%7;"6_'+7PDV\(^L8VJGE!'#C,84LF[@_`%
ME20!T<((O#N5.OUZ#IH@E\$*%"H"8R>]26+J.PRB!,]X'U=/)8$I)D9I@?7G
M0#F6]^YHU<(Y)XPLFM+;ZANK`+\`:D]7EP14_""]3]>TEG6[Z?T@A%%$;$]W
M['(M6M^P0FDPI:Z>4Q[XI8GO-K>6$7_[D&\&8A'P+&<.K[^P0Y5J<5MZ"-S[
MK[JPF/*I5;/G'C9VC))_P#M)$9PT"D/JN:R0^LR-TP#W_+1R$KCDEYARC/%Q
MX]C!W/;3*HZZHG&(:>V+N(#*B;2AQ2"6&]3M/51_0;5SPUU(?#DAF_ZM'9QK
MR7>2G]2N:7Q)0+=-:!CXC-/3U6<W#O"+PGQR!>N-'#)T2%]+F-U>802:TA5,
M1E#8F(DLI2%-$A!?`($DB0>RZ_I^P%VZ`9-T4RT9<U!_F3KV1!YTNU4I[\X.
MNY51^UNU'2SPI.?&_HX""]UM$&4)C=T'EBD55^ZM%O5^O:Q">!FC,S\<4T0`
M)*M=J2K!;>VL0DIXTL$&NX'3!TY'-U3.*^96=B&$FVD,$RQXQ''<="7,%:I[
M?UM+JQ!KTA>4*XZ6=E8AE?NN1KXD87@*SK->LCQ-2^'15G,"[=[-.@<YD6%8
ML0O4GEO%*RG648GX%2'OLC=8E]9#T`C11V!&X?C[?TE,<:>FZ):X9\Y`[#G[
M-56=+WIWM(K=#%;F`\1@9;\0HR7E;E#[\O$B>%8M7(?TMHH`P+$T5\I6`#GS
M<RL"O-V6#%,]>UJ%^`B@<$.L!4"BA(,I`J.880B4^:OM+J1[-8WZ`5WM6`*Z
M5/R0-ALLR0N]'UFPG/0<PS'0C>B"78#%.Q?T^SN2HF:+>6YR?YV\8D>MO,?I
MA[?D;-EB2,ACM1N3CC2\MVK*+*@7$#R61FCO4':"AM=6H7`5PC$E8BWH"H_F
ML'J%+MHJ6)BK"ZIRDL&I?249-J+U8R!9?8X8PD91_=N'Q-N0K0L__Q]02P$"
M'@,4````"`#BA&)&5OX;J^V,!P!+4Y\`$``8```````!````I($`````;6)I
M+3(P,30Q,C,Q+GAM;%54!0`#>-CT5'5X"P`!!"4.```$.0$``%!+`0(>`Q0`
M```(`.*$8D;9!9MU#$@``.X"!0`4`!@```````$```"D@3>-!P!M8FDM,C`Q
M-#$R,S%?8V%L+GAM;%54!0`#>-CT5'5X"P`!!"4.```$.0$``%!+`0(>`Q0`
M```(`.*$8D;KD,8)>2T!`.O/%0`4`!@```````$```"D@9'5!P!M8FDM,C`Q
M-#$R,S%?9&5F+GAM;%54!0`#>-CT5'5X"P`!!"4.```$.0$``%!+`0(>`Q0`
M```(`.*$8D;0&VDN]!X"`)W@'P`4`!@```````$```"D@5@#"0!M8FDM,C`Q
M-#$R,S%?;&%B+GAM;%54!0`#>-CT5'5X"P`!!"4.```$.0$``%!+`0(>`Q0`
M```(`.*$8D8[XUJDUW@!`/`K'``4`!@```````$```"D@9HB"P!M8FDM,C`Q
M-#$R,S%?<')E+GAM;%54!0`#>-CT5'5X"P`!!"4.```$.0$``%!+`0(>`Q0`
M```(`.*$8D9N3`!EYE0``"'V`P`0`!@```````$```"D@;^;#`!M8FDM,C`Q
M-#$R,S$N>'-D550%``-XV/14=7@+``$$)0X```0Y`0``4$L%!@`````&``8`
*%`(``._P#```````
`
end

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>48
<FILENAME>R75.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E5ZAM">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail) (Fair Value Inputs Level 3 [Member], USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="4">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" onclick="toggleNextSibling(this);">$ 2,352</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" onclick="toggleNextSibling(this);">$ 3,532</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" onclick="toggleNextSibling(this);">342</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets', window );">Foreign exchange recognized in OCI or earnings, assets</a></td>
        <td class="num"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" onclick="toggleNextSibling(this);">75</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues', window );">Issuances, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" onclick="toggleNextSibling(this);">(316)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" onclick="toggleNextSibling(this);">(1,272)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" onclick="toggleNextSibling(this);">(110)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" onclick="toggleNextSibling(this);">(374)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" onclick="toggleNextSibling(this);">240</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" onclick="toggleNextSibling(this);">218</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" onclick="toggleNextSibling(this);">(140)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" onclick="toggleNextSibling(this);">(196)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" onclick="toggleNextSibling(this);">2,097</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" onclick="toggleNextSibling(this);">2,352</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">51</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">350</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" onclick="toggleNextSibling(this);">2,301</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" onclick="toggleNextSibling(this);">5,039</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings', window );">Realized gains/(losses), liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" onclick="toggleNextSibling(this);">445</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" onclick="toggleNextSibling(this);">1,548</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" onclick="toggleNextSibling(this);">(848)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" onclick="toggleNextSibling(this);">(1,577)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome', window );">Unrealized gains/(losses) included in OCI, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities', window );">Foreign exchange recognized in OCI or earnings, liabilities</a></td>
        <td class="num"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases', window );">Purchases, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues', window );">Issuances, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" onclick="toggleNextSibling(this);">(626)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" onclick="toggleNextSibling(this);">(1,825)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales', window );">Sales, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" onclick="toggleNextSibling(this);">(43)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" onclick="toggleNextSibling(this);">(1,076)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3', window );">Transfers into Level 3, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" onclick="toggleNextSibling(this);">185</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3', window );">Transfers out of Level 3, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" onclick="toggleNextSibling(this);">1,200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" onclick="toggleNextSibling(this);">2,301</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">189</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,881</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">180</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(220)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(275)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(174)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember', window );">Loan Repurchase Commitments [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,086</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">172</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(899)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">379</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">172</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember', window );">State and municipal bonds [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">103</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(52)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">(109)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember', window );">Foreign Government Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">(16)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CorporateObligationMember', window );">Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">76</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets', window );">Foreign exchange recognized in OCI or earnings, assets</a></td>
        <td class="num"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(16)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(48)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(28)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CorporateObligationMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CorporateObligationMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CorporateObligationMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember', window );">Residential Mortgage Backed Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">37</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">(19)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember', window );">Residential Mortgage Backed Non Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember', window );">Residential Mortgage Backed Non Agency [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(19)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">82</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">61</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(41)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">(30)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">87</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">82</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">125</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(85)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember', window );">Other Asset Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">58</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">52</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">(27)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">85</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">58</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember', window );">Other Asset Backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">64</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">165</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities', window );">Foreign exchange recognized in OCI or earnings, liabilities</a></td>
        <td class="num"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1,147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">2,921</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings', window );">Realized gains/(losses), liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">415</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1,548</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">(903)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">(1,778)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">(415)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">(1,548)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3', window );">Transfers into Level 3, liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1,147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">(20)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">87</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_InterestRateDerivativesMember', window );">Interest Rate Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_InterestRateDerivativesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_InterestRateDerivativesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3', window );">Transfers out of Level 3, liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_InterestRateDerivativesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_InterestRateDerivativesMember]" onclick="toggleNextSibling(this);">(18)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_InterestRateDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember', window );">Other Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings', window );">Realized gains/(losses), liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Liabilities Of Consolidated Vies [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">1,932</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">180</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues', window );">Issuances, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(211)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(277)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales', window );">Sales, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(43)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(1,076)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3', window );">Transfers into Level 3, liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">181</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">735</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CurrencyDerivativesMember', window );">Currency Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3', window );">Transfers out of Level 3, liabilities</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CurrencyDerivativesMember', window );">Currency Derivatives [Member] | Liabilities Of Consolidated Vies [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities', window );">Foreign exchange recognized in OCI or earnings, liabilities</a></td>
        <td class="num"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(11)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_CurrencyDerivativesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_LiabilitiesOfConsolidatedViesMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_CurrencyDerivativesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_LiabilitiesOfConsolidatedViesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease[us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Primarily relates to the deconsolidation of VIEs.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Assets</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Liabilities</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of unrealized (holding) gain (loss) which is included in the statement of income (or changes in net assets) related to those assets still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of unrealized (holding) gain (loss) which is included in the statement of income (or changes in net assets) related to those liabilities still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of transfers of financial instrument classified as a liability into level 3 of the fair value hierarchy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of transfers of financial instrument classified as a liability out of level 3 of the fair value hierarchy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss) recognized in the income statement for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss) recognized in other comprehensive income (loss) for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of issuances of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of purchases of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of settlement of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of transfer of financial instrument classified as an asset into level 3 of the fair value hierarchy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss) recognized on the income statement for financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of gain (loss) recognized in other comprehensive income (loss) for financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of issuances of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of purchases of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of sales of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CorporateObligationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CorporateObligationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CreditDerivativesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CreditDerivativesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CurrencyDerivativesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CurrencyDerivativesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_InterestRateDerivativesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_InterestRateDerivativesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_MediumTermNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>49
<FILENAME>R97.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E2BAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NonVariableInterestEntitiesLineItems', window );"><strong>Non Variable Interest Entities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Federal statutory rate</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Net deferred tax asset</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet" onclick="toggleNextSibling(this);">$ 1,009,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet" onclick="toggleNextSibling(this);">$ 1,109,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilities', window );">Non U.S. deferred tax liability</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilities" onclick="toggleNextSibling(this);">18,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilities</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsValuationAllowance</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">93,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsValuationAllowance</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetIncomeLoss', window );">Increase in net income (loss)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInNetIncomeLoss" onclick="toggleNextSibling(this);">60,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLossCarryforwards', window );">NOL carryforward</a></td>
        <td class="nump"><a title="us-gaap_OperatingLossCarryforwards" onclick="toggleNextSibling(this);">3,200,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingLossCarryforwards</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax', window );">Alternative minimum tax credit carryforward</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" onclick="toggleNextSibling(this);">$ 22,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" onclick="toggleNextSibling(this);">$ 22,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInNetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase Decrease In Net Income Loss</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInNetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NonVariableInterestEntitiesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NonVariableInterestEntitiesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsLiabilitiesNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible alternative minimum tax credit carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Alternative Minimum Tax<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6504908<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsValuationAllowance</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences net of deferred tax asset attributable to deductible temporary differences and carryforwards after valuation allowances.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLossCarryforwards">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OperatingLossCarryforwards</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Significant Accounting Policies (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentTextBlock', window );">Property Plant And Equipment</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Leasehold improvements</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Furniture and fixtures</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equipment and software</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.13)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 13<br><br> -Subparagraph b<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<FILENAME>R52.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E45AG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent" onclick="toggleNextSibling(this);">$ 802</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent" onclick="toggleNextSibling(this);">$ 29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfAssetsHeldForSale', window );">Liabilities held for sale</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale" onclick="toggleNextSibling(this);">772</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_InvestmentsAtFairValueMember', window );">Investments At Fair Value [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_InvestmentsAtFairValueMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= mbi_InvestmentsAtFairValueMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_InvestmentsAtFairValueMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= mbi_InvestmentsAtFairValueMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember', window );">Cash And Cash Equivalents [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_CashAndCashEquivalentsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_CashAndCashEquivalentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_FacilityMember', window );">Facility [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_FacilityMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= mbi_FacilityMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_FacilityMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= mbi_FacilityMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember', window );">Other Assets [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_OtherCurrentAssetsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_OtherCurrentAssetsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashMember', window );">Cash [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_CashMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_CashMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansReceivableMember]" onclick="toggleNextSibling(this);">711</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_LoansReceivableMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansReceivableMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_LoansReceivableMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember', window );">Other Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfAssetsHeldForSale', window );">Liabilities held for sale</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_OtherCurrentLiabilitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_OtherCurrentLiabilitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_NotesPayableOtherPayablesMember', window );">Variable Interest Entities Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfAssetsHeldForSale', window );">Liabilities held for sale</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_NotesPayableOtherPayablesMember]" onclick="toggleNextSibling(this);">431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_NotesPayableOtherPayablesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_NotesPayableOtherPayablesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_NotesPayableOtherPayablesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansPayableMember', window );">Payable For Loans Purchased [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfAssetsHeldForSale', window );">Liabilities held for sale</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansPayableMember]" onclick="toggleNextSibling(this);">$ 323</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_LoansPayableMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale[us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansPayableMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale<br>/ us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis<br>= us-gaap_LoansPayableMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesOfAssetsHeldForSale">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Liability (such as a mortgage) related to a disposal group that is held for sale and anticipated to be sold in less than one year. The liability is expected to be discharged as part of the plan of sale for the asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.15)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e1107-107759<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1436-107760<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesOfAssetsHeldForSale</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssetsHeldForSaleCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The lower of the carrying value or fair value less cost to sell of current assets held for sale that are not elsewhere specified in the taxonomy. The carrying value of major classes of assets and liabilities of the disposal group are separately disclosed in the balance sheet in the specific concepts provided.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e1107-107759<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 43<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29634951&amp;loc=d3e1739-110224<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherAssetsHeldForSaleCurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_FacilityMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_FacilityMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_InvestmentsAtFairValueMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=mbi_InvestmentsAtFairValueMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansPayableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansPayableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansReceivableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_LoansReceivableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_NotesPayableOtherPayablesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_NotesPayableOtherPayablesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>52
<FILENAME>R67.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ED2AE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Before The Elimination Of Amounts Related To Consolidated VIE's) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Outstanding Gross Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" onclick="toggleNextSibling(this);">$ 11,263</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" onclick="toggleNextSibling(this);">$ 14,264</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Gross Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" onclick="toggleNextSibling(this);">4,620</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" onclick="toggleNextSibling(this);">8,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross Undiscounted Claim Liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" onclick="toggleNextSibling(this);">850</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" onclick="toggleNextSibling(this);">1,235</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Potential Recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" onclick="toggleNextSibling(this);">860</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" onclick="toggleNextSibling(this);">1,085</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember', window );">Insured Issues Designated As Classified List [Member] | Non Variable Interest Entities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfInsuredIssuesReviewed', window );">Issues</a></td>
        <td class="nump"><a title="mbi_NumberOfInsuredIssuesReviewed[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_NonVariableInterestEntitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfInsuredIssuesReviewed<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_NonVariableInterestEntitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Outstanding Gross Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_NonVariableInterestEntitiesMember]" onclick="toggleNextSibling(this);">2,900</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_NonVariableInterestEntitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Gross Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_NonVariableInterestEntitiesMember]" onclick="toggleNextSibling(this);">900</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_NonVariableInterestEntitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross Undiscounted Claim Liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_NonVariableInterestEntitiesMember]" onclick="toggleNextSibling(this);">100</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_NonVariableInterestEntitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Potential Recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_NonVariableInterestEntitiesMember]" onclick="toggleNextSibling(this);">600</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_NonVariableInterestEntitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember', window );">Insured Issues Designated As Classified List [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfInsuredIssuesReviewed', window );">Issues</a></td>
        <td class="nump"><a title="mbi_NumberOfInsuredIssuesReviewed[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfInsuredIssuesReviewed<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Outstanding Gross Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,500</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Gross Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">400</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross Undiscounted Claim Liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Potential Recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 500</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_ClassifiedStatusAxis<br>= mbi_InsuredIssuesDesignatedAsClassifiedListMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfInsuredIssuesReviewed">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number Of Insured Issues Reviewed</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfInsuredIssuesReviewed</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iv)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of insured contractual payments outstanding attributable to interest accrued on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of insured contractual payments outstanding attributable to the principal of the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the gross potential recoveries against the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(v)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClassifiedStatusAxis=mbi_InsuredIssuesDesignatedAsClassifiedListMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>R111.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EZLAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceAbstract', window );"><strong>Insurance in Force [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DirectPremiumsEarned', window );">Direct</a></td>
        <td class="nump"><a title="us-gaap_DirectPremiumsEarned" onclick="toggleNextSibling(this);">$ 407</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DirectPremiumsEarned</span><span></span></td>
        <td class="nump"><a title="us-gaap_DirectPremiumsEarned" onclick="toggleNextSibling(this);">$ 400</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DirectPremiumsEarned</span><span></span></td>
        <td class="nump"><a title="us-gaap_DirectPremiumsEarned" onclick="toggleNextSibling(this);">$ 489</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DirectPremiumsEarned</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssumedPremiumsEarned', window );">Assumed</a></td>
        <td class="nump"><a title="us-gaap_AssumedPremiumsEarned" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssumedPremiumsEarned</span><span></span></td>
        <td class="nump"><a title="us-gaap_AssumedPremiumsEarned" onclick="toggleNextSibling(this);">67</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssumedPremiumsEarned</span><span></span></td>
        <td class="nump"><a title="us-gaap_AssumedPremiumsEarned" onclick="toggleNextSibling(this);">130</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssumedPremiumsEarned</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts', window );">Gross</a></td>
        <td class="nump"><a title="mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" onclick="toggleNextSibling(this);">409</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts</span><span></span></td>
        <td class="nump"><a title="mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" onclick="toggleNextSibling(this);">467</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts</span><span></span></td>
        <td class="nump"><a title="mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" onclick="toggleNextSibling(this);">619</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsEarned', window );">Ceded premiums earned</a></td>
        <td class="num"><a title="us-gaap_CededPremiumsEarned" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned</span><span></span></td>
        <td class="num"><a title="us-gaap_CededPremiumsEarned" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned</span><span></span></td>
        <td class="num"><a title="us-gaap_CededPremiumsEarned" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNet', window );">Premiums earned (net of ceded premiums of $12, $10 and $14)</a></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet" onclick="toggleNextSibling(this);">$ 397</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet" onclick="toggleNextSibling(this);">$ 457</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet" onclick="toggleNextSibling(this);">$ 605</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross Premium Earned Financial Guarantee</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssumedPremiumsEarned">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of earned premiums assumed from other entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AssumedPremiumsEarned</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededPremiumsEarned">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of earned premiums ceded to other entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486662&amp;loc=d3e27175-158546<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CededPremiumsEarned</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DirectPremiumsEarned">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, before premiums ceded to other entities and premiums assumed by the entity, of premiums earned.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DirectPremiumsEarned</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsuranceAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.13(c))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsEarnedNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>54
<FILENAME>R61.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EWAAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (RMBS Recoveries) (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Federal statutory rate</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
        <td class="text">7 years 8 months 12 days<span></span></td>
        <td class="text">9 years 8 months 12 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRmbsIneligibleMortgageLoansMember', window );">Second-Lien RMBS Ineligible Mortgage Loans [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions', window );">Contract claims on ineligible mortgage loans inception to date, incurred loss on transactions</a></td>
        <td class="nump"><a title="mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRmbsIneligibleMortgageLoansMember]" onclick="toggleNextSibling(this);"> 417</a><span style="display:none;white-space:normal;text-align:left;">mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienRmbsIneligibleMortgageLoansMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Remaining weighted average contract period of financial guarantee insurance contracts, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRmbsIneligibleMortgageLoansMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRmbsIneligibleMortgageLoansMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>R47.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E1AAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance In Force (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceAbstract', window );"><strong>Insurance in Force [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock', window );">Insurance in force by geographic location</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Geographic Location</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >California</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New York</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.9%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Illinois</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Florida</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Texas</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New Jersey</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Michigan</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Puerto Rico</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Pennsylvania</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Washington</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subtotal</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >231.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >283.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >51.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Nationally diversified</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other states</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >123.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >394.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >492.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88.9%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally diversified</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Country specific</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.8%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43.5</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9%</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61.6</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.1%</font></td><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >437.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >554.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock', window );">Insurance in force by bond type</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Bond type</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance</font><font style='font-family:Symbol;font-size:10pt;color:#000000;' >&#190;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United States:</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >153.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation</font><font style='font-family:Symbol;font-size:10pt;color:#000000;' >&#190;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >lease</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.2%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal utilities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >78.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.1%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-backed</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.9%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Higher education</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Health care</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Military housing</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.5%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investor-owned utilities</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal housing</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >361.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82.6%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >445.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >80.4%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance</font><font style='font-family:Symbol;font-size:10pt;color:#000000;' >&#190;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >non-United States:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International utilities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Sovereign-related and sub-sovereign</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.1%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Local governments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-backed</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global public finance</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >400.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >491.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global structured finance:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate asset-backed</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (6)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.6%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global structured finance</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >62.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >437.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >554.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >___________________</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes investor owned utilities, industrial development and pollution control revenue bonds.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Includes certain non-profit enterprises, stadium related financing and student loans.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Includes municipal owned entities backed by sponsoring local government.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO structuring </font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='14' rowspan='1' style='width:478.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:478.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Includes $5.3 billion and $5.5 billion of structured insurance securitizations as of December 31, 2014 and 2013, respectively.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock', window );">Reinsurance agreements for insurance operations</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:11.25pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Standard &amp;</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Letters of </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Poor&#39;s Rating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Moody&#39;s Rating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Ceded Par</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit/ Trust</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurance</font></td></tr><tr style='height:10.5pt;' ><td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurers</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accounts</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' > (1)</font></sup></td></tr><tr style='height:7.5pt;' ><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:90pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Re Ltd.</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Baa1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,634</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 32</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Negative Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Corp.</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,019</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Negative Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Overseas Private</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA+</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Aaa</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 289</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   Investment Corporation</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Others</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A- or above</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A2 or above</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 145</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6,087</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 34</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7</font></td></tr><tr style='height:12pt;' ><td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td></tr><tr style='height:10.5pt;' ><td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock', window );">Financial guarantee net premiums earned</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:144.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net premiums earned:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Direct</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >407</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >400</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >489</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assumed</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >409</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >467</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >619</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >397</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >457</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >605</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of insurance in force by type of bond excluding transactions on behalf of investment management affiliates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of insurance in force by geographic location of risk excluding transactions on behalf of investment management affiliates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of financial guaantee net premiums earned including premiums assumed from and ceded to other companies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of reinsurance agreements for the US Public Finance and Structured Finance insurance operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsuranceAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>56
<FILENAME>R9.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EPTBI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Consolidated Statements Of Cash Flows (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInsurancePremiumsCollected', window );">Premiums, fees and reimbursements received</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInsurancePremiumsCollected" onclick="toggleNextSibling(this);">$ 193</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInsurancePremiumsCollected</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInsurancePremiumsCollected" onclick="toggleNextSibling(this);">$ 185</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInsurancePremiumsCollected</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInsurancePremiumsCollected" onclick="toggleNextSibling(this);">$ 281</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInsurancePremiumsCollected</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInterestAndDividendsReceived', window );">Investment income received</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived" onclick="toggleNextSibling(this);">419</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived" onclick="toggleNextSibling(this);">426</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived" onclick="toggleNextSibling(this);">594</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities', window );">Errors and omissions insurance recoveries received</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInsuranceSettlementOperatingActivities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInsuranceSettlementOperatingActivities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInsuranceSettlementOperatingActivities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid', window );">Insured derivative commutations and losses paid</a></td>
        <td class="num"><a title="mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" onclick="toggleNextSibling(this);">(432)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" onclick="toggleNextSibling(this);">(458)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" onclick="toggleNextSibling(this);">(464)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForLossesAndLossAdjustmentExpense', window );">Financial guarantee losses and loss adjustment expenses paid</a></td>
        <td class="num"><a title="us-gaap_PaymentsForLossesAndLossAdjustmentExpense" onclick="toggleNextSibling(this);">(240)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForLossesAndLossAdjustmentExpense</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForLossesAndLossAdjustmentExpense" onclick="toggleNextSibling(this);">(443)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForLossesAndLossAdjustmentExpense</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForLossesAndLossAdjustmentExpense" onclick="toggleNextSibling(this);">(895)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForLossesAndLossAdjustmentExpense</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromReinsuranceAndRecoveries', window );">Proceeds from recoveries and reinsurance</a></td>
        <td class="nump"><a title="mbi_ProceedsFromReinsuranceAndRecoveries" onclick="toggleNextSibling(this);">131</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromReinsuranceAndRecoveries</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromReinsuranceAndRecoveries" onclick="toggleNextSibling(this);">2,621</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromReinsuranceAndRecoveries</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromReinsuranceAndRecoveries" onclick="toggleNextSibling(this);">263</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromReinsuranceAndRecoveries</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForOperatingActivities', window );">Operating and employee related expenses paid</a></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities" onclick="toggleNextSibling(this);">(238)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities" onclick="toggleNextSibling(this);">(277)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities" onclick="toggleNextSibling(this);">(400)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of interest converted to principal</a></td>
        <td class="num"><a title="us-gaap_InterestPaidNet" onclick="toggleNextSibling(this);">(179)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_InterestPaidNet" onclick="toggleNextSibling(this);">(224)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_InterestPaidNet" onclick="toggleNextSibling(this);">(400)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income taxes (paid) received</a></td>
        <td class="num"><a title="us-gaap_IncomeTaxesPaidNet" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxesPaidNet" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxesPaidNet" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(333)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">1,829</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(1,027)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities', window );">Purchases of available-for-sale investments</a></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities" onclick="toggleNextSibling(this);">(1,494)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities" onclick="toggleNextSibling(this);">(2,397)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities" onclick="toggleNextSibling(this);">(3,086)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities', window );">Sales of available-for-sale investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">1,726</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">4,658</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities', window );">Paydowns and maturities of available-for-sale investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">484</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">452</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">609</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities', window );">Purchases of investments at fair value</a></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" onclick="toggleNextSibling(this);">(631)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" onclick="toggleNextSibling(this);">(371)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" onclick="toggleNextSibling(this);">(346)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities', window );">Sales, paydowns and maturities of investments at fair value</a></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" onclick="toggleNextSibling(this);">789</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" onclick="toggleNextSibling(this);">595</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" onclick="toggleNextSibling(this);">960</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromShortTermInvestments', window );">Sales, paydowns and maturities (purchases) of short-term investments, net</a></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments" onclick="toggleNextSibling(this);">515</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments" onclick="toggleNextSibling(this);">(358)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments" onclick="toggleNextSibling(this);">739</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities', window );">Sales, paydowns and maturities of held-to-maturity investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" onclick="toggleNextSibling(this);">1,014</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments', window );">Sales, paydowns and maturities of other investments</a></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireLoansReceivable', window );">Purchases of loans receivable</a></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireLoansReceivable" onclick="toggleNextSibling(this);">(310)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireLoansReceivable</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsToAcquireLoansReceivable" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireLoansReceivable</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsToAcquireLoansReceivable" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireLoansReceivable</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable', window );">Paydowns and maturities of loans receivable</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" onclick="toggleNextSibling(this);">313</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" onclick="toggleNextSibling(this);">280</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" onclick="toggleNextSibling(this);">278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromConsolidationOfVariableInterestEntity', window );">Consolidation of variable interest entities including cash acquired</a></td>
        <td class="nump"><a title="mbi_ProceedsFromConsolidationOfVariableInterestEntity" onclick="toggleNextSibling(this);">221</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromConsolidationOfVariableInterestEntity</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromConsolidationOfVariableInterestEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromConsolidationOfVariableInterestEntity</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromConsolidationOfVariableInterestEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromConsolidationOfVariableInterestEntity</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsForDeconsolidationOfVariableInterestEntity', window );">Deconsolidation of variable interest entities</a></td>
        <td class="nump"><a title="mbi_PaymentsForDeconsolidationOfVariableInterestEntity" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsForDeconsolidationOfVariableInterestEntity</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsForDeconsolidationOfVariableInterestEntity" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsForDeconsolidationOfVariableInterestEntity</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsForDeconsolidationOfVariableInterestEntity" onclick="toggleNextSibling(this);">(51)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsForDeconsolidationOfVariableInterestEntity</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities', window );">(Payments) proceeds for derivative settlements</a></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" onclick="toggleNextSibling(this);">(54)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" onclick="toggleNextSibling(this);">(288)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties', window );">Collateral (to) from swap counterparty</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" onclick="toggleNextSibling(this);">144</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" onclick="toggleNextSibling(this);">122</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" onclick="toggleNextSibling(this);">(285)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Capital expenditures</a></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided (used) by investing activities</a></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">812</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">4,195</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt', window );">Proceeds from investment agreements</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfOtherLongTermDebt', window );">Principal paydowns of investment agreements</a></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt" onclick="toggleNextSibling(this);">(192)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt" onclick="toggleNextSibling(this);">(285)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt" onclick="toggleNextSibling(this);">(688)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfMediumTermNotes', window );">Principal paydowns of medium-term notes</a></td>
        <td class="num"><a title="us-gaap_RepaymentsOfMediumTermNotes" onclick="toggleNextSibling(this);">(168)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfMediumTermNotes</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfMediumTermNotes" onclick="toggleNextSibling(this);">(197)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfMediumTermNotes</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfMediumTermNotes" onclick="toggleNextSibling(this);">(102)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfMediumTermNotes</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfNotesPayable', window );">Principal paydowns of variable interest entity notes</a></td>
        <td class="num"><a title="us-gaap_RepaymentsOfNotesPayable" onclick="toggleNextSibling(this);">(609)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfNotesPayable</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfNotesPayable" onclick="toggleNextSibling(this);">(1,112)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfNotesPayable</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfNotesPayable" onclick="toggleNextSibling(this);">(1,229)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfNotesPayable</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromNotesPayable', window );">Proceeds from issuance of variable interest entity notes</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromNotesPayable" onclick="toggleNextSibling(this);">79</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromNotesPayable</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromNotesPayable" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromNotesPayable</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromNotesPayable" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromNotesPayable</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase', window );">Payments for securities sold under agreements to repurchase</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</span><span></span></td>
        <td class="num"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" onclick="toggleNextSibling(this);">(287)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Payments for retirement of debt</a></td>
        <td class="nump"><a title="us-gaap_RepaymentsOfLongTermDebt" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfLongTermDebt" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfLongTermDebt" onclick="toggleNextSibling(this);">(540)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Purchases of treasury stock</a></td>
        <td class="num"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToMinorityShareholders', window );">Change in noncontrolling interest and (purchase)/redemption of subsidiary preferred stock</a></td>
        <td class="nump"><a title="us-gaap_PaymentsToMinorityShareholders" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToMinorityShareholders</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsToMinorityShareholders" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToMinorityShareholders</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToMinorityShareholders" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToMinorityShareholders</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromStockPlans', window );">Restricted stock awards settlements</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided (used) by financing activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(892)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(1,566)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(2,811)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations', window );">Effect of exchange rate changes on cash and cash equivalents</a></td>
        <td class="num"><a title="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
        <td class="num"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">(421)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">268</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">357</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - beginning of year</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">1,258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">990</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">633</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashIncludingDiscontinuedOperations', window );">Reclassification to assets held for sale</a></td>
        <td class="num"><a title="us-gaap_CashIncludingDiscontinuedOperations" onclick="toggleNextSibling(this);">(55)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashIncludingDiscontinuedOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashIncludingDiscontinuedOperations" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashIncludingDiscontinuedOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashIncludingDiscontinuedOperations" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashIncludingDiscontinuedOperations</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - end of year</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">1,258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">990</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract', window );"><strong>Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInAbstract', window );"><strong>Change in: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInPremiumsReceivable', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInPremiumsReceivable" onclick="toggleNextSibling(this);">138</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInPremiumsReceivable</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInPremiumsReceivable" onclick="toggleNextSibling(this);">176</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInPremiumsReceivable</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInPremiumsReceivable" onclick="toggleNextSibling(this);">152</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInPremiumsReceivable</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts', window );">Deferred acquisition costs</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInUnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums" onclick="toggleNextSibling(this);">(412)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums" onclick="toggleNextSibling(this);">(506)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums" onclick="toggleNextSibling(this);">(600)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" onclick="toggleNextSibling(this);">(133)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" onclick="toggleNextSibling(this);">(216)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInInsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInInsuranceLossRecoverable" onclick="toggleNextSibling(this);">162</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInInsuranceLossRecoverable</span><span></span></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInInsuranceLossRecoverable" onclick="toggleNextSibling(this);">3,637</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInInsuranceLossRecoverable</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInInsuranceLossRecoverable" onclick="toggleNextSibling(this);">(602)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInInsuranceLossRecoverable</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInInterestPayableNet', window );">Accrued interest payable</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInInterestPayableNet" onclick="toggleNextSibling(this);">106</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInInterestPayableNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInInterestPayableNet" onclick="toggleNextSibling(this);">106</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInInterestPayableNet</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInInterestPayableNet" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInInterestPayableNet</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccruedLiabilities', window );">Accrued expenses</a></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInAccruedLiabilities" onclick="toggleNextSibling(this);">(36)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccruedLiabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInAccruedLiabilities" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccruedLiabilities</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInAccruedLiabilities" onclick="toggleNextSibling(this);">(23)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccruedLiabilities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetOtherThanTemporaryImpairments', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments</span><span></span></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments</span><span></span></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">105</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal', window );">Realized (gains) losses and other settlements on insured derivatives</a></td>
        <td class="nump"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal</span><span></span></td>
        <td class="nump"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal</span><span></span></td>
        <td class="nump"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized (gains) losses on insured derivatives</a></td>
        <td class="num"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">(903)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="num"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">(1,777)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="num"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">(1,870)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net (gains) losses on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">(128)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">(244)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">(73)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses', window );">Other net realized (gains) losses</a></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" onclick="toggleNextSibling(this);">(25)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</span><span></span></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax provision (benefit)</a></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">157</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">365</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt', window );">(Gains) losses on extinguishment of debt</a></td>
        <td class="nump"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="num"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">(61)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="num"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">(49)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_VieInterestNet', window );">Interest on variable interest entities, net</a></td>
        <td class="nump"><a title="mbi_VieInterestNet" onclick="toggleNextSibling(this);">77</a><span style="display:none;white-space:normal;text-align:left;">mbi_VieInterestNet</span><span></span></td>
        <td class="nump"><a title="mbi_VieInterestNet" onclick="toggleNextSibling(this);">90</a><span style="display:none;white-space:normal;text-align:left;">mbi_VieInterestNet</span><span></span></td>
        <td class="nump"><a title="mbi_VieInterestNet" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">mbi_VieInterestNet</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoncashIncomeExpense', window );">Other operating</a></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense" onclick="toggleNextSibling(this);">114</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense" onclick="toggleNextSibling(this);">103</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense" onclick="toggleNextSibling(this);">138</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities', window );">Total adjustments to net income (loss)</a></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" onclick="toggleNextSibling(this);">(902)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" onclick="toggleNextSibling(this);">1,579</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" onclick="toggleNextSibling(this);">(2,261)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">$ (333)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">$ 1,829</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">$ (1,027)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ChangeInAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ChangeInAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInInsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase decrease in carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts related to recoveries related to commitments to repurchase ineligible loans within an (issue) and recoveries expected on paid claims.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInInsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase decrease in other net Realized Gains Losses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetOtherThanTemporaryImpairments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net Other Than Temporary Impairments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetOtherThanTemporaryImpairments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentsForDeconsolidationOfVariableInterestEntity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash outflows from deconsolidation of variable interest entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PaymentsForDeconsolidationOfVariableInterestEntity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Payments for net realized losses on insured derivatives paid.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to acquire securities classified as fair value option or trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromConsolidationOfVariableInterestEntity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash inflows from consolidation of variable interest entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ProceedsFromConsolidationOfVariableInterestEntity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromReinsuranceAndRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Proceeds from reinsurance and recoveries</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ProceedsFromReinsuranceAndRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sales, maturities and paydowns of fair value option and trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sales, maturity (principal being due), prepayment and call (request of early payment) of other investments.)</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Realized Gains Losses And Other Settlements On Insured Derivatives, Total.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_VieInterestNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net interest received (paid) on consolidated variable interest entities whose assets and liabilities are not carried at fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_VieInterestNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of adjustments which are added to or deducted from net income or loss, including the portion attributable to noncontrolling interest, to reflect cash provided by or used in operating activities, in accordance with the indirect cash flow method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3044-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 230<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450594&amp;loc=d3e33268-110906<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashIncludingDiscontinuedOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Includes cash within disposal group or discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashIncludingDiscontinuedOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The effect of exchange rate changes on cash balances in continuing operations held in foreign currencies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 230<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450594&amp;loc=d3e33268-110906<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaidNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxesPaidNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the amount of cash held either as collateral directly or provided to third parties associated with derivative instruments. Upon the occurrence of any specified triggering event or condition associated with the derivative, these amounts can be utilized to recover all or a portion of the amounts due or payable under the derivative.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccruedLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the balance sheet value of capitalized sales costs that are associated with acquiring a new insurance customers.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInInterestPayableNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInInterestPayableNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the reserve account established to account for expected but unspecified losses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInPremiumsReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The change in the premium receivable balance on the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInPremiumsReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInUnearnedPremiums">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) unearned premiums written. Excludes portion of unearned premiums amortized into income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInUnearnedPremiums</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaidNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid for interest during the period net of cash paid for interest that is capitalized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestPaidNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3574-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3574-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherNoncashIncomeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherNoncashIncomeExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForLossesAndLossAdjustmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash payments for losses (the actual damage) and related adjustment expenses (the expense incurred related to claims other than the actual loss, for example, legal fees) made by an insurance company to settle claims, during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForLossesAndLossAdjustmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total amount of cash paid for operating activities during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (d)-(g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForOperatingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash outflow or inflow from derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromShortTermInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3095-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3098-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromShortTermInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRepurchaseOfCommonStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to reacquire common stock during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForRepurchaseOfCommonStock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3213-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireLoansReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for the purchase of loan receivable arising from the financing of goods and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3213-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsToAcquireLoansReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3213-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToMinorityShareholders">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsToMinorityShareholders</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInsurancePremiumsCollected">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash received as payments for insurance premiums during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromInsurancePremiumsCollected</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to operating activities. It excludes insurance settlements classified as investing cash flows, for example, insurance settlements related to fixed assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3337-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromInsuranceSettlementOperatingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInterestAndDividendsReceived">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash received for dividends and interest on the entity's equity and debt investments during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromInterestAndDividendsReceived</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from other long-term borrowings not otherwise defined in the taxonomy (with maturities initially due beyond one year or the normal operating cycle of the entity, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3255-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromNotesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from a borrowing supported by a written promise to pay an obligation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3255-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromNotesPayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash flow from investments sold under the agreement to repurchase such investment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3095-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3098-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sale and collection of loans receivables arising from the financing of goods and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow from the sale or maturity of long-term held-to-maturity securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromStockPlans">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the amount received from the stock plan during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3255-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromStockPlans</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfLongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfMediumTermNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to pay off borrowing used to receive debt funding on a regular basis with maturities ranging from 5-10 years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfMediumTermNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfNotesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for a borrowing supported by a written promise to pay an obligation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfNotesPayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfOtherLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow attributable to repayments of borrowings not otherwise defined in the taxonomy (with maturities initially due after one year or beyond the operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfOtherLongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrealizedGainLossOnDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrealizedGainLossOnDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>57
<FILENAME>R116.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E6JAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Long-Term Incentive Plans (Stock Options Outstanding) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Long-Term Incentive Plans [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of shares, outstanding at beginning of year</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">3,715,406</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">5,963,268</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">6,425,073</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Stock option awards exercised</a></td>
        <td class="num"><a title="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" onclick="toggleNextSibling(this);">(400,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod', window );">Options expired or canceled</a></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" onclick="toggleNextSibling(this);">(767,406)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</span><span></span></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" onclick="toggleNextSibling(this);">(2,247,862)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</span><span></span></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" onclick="toggleNextSibling(this);">(461,805)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of shares, outstanding at end of year</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">2,548,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">3,715,406</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">5,963,268</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber', window );">Number of shares, exercisable at end of year</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" onclick="toggleNextSibling(this);">1,798,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" onclick="toggleNextSibling(this);">1,752,311</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" onclick="toggleNextSibling(this);">1,751,173</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Outstanding at beginning of year, weighted average price per share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 20.6883</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 19.0485</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 21.333</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice', window );">Exercised, weighted average price per share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 4.02</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice', window );">Expired or canceled, weighted average price per share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 61.5815</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 16.3382</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 50.833</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Outstanding at end of year, weighted average price per share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 10.9888</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 20.6883</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 19.0485</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice', window );">Exercisable at end of year, weighted average price per share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 13.466</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 38.512</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 45.0174</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(3)-(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of options outstanding, including both vested and non-vested options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which option holders acquired shares when converting their stock options into shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of share options (or share units) exercised during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>58
<FILENAME>R62.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EYKAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Summary Of Credit Impairments Related To Derivatives) (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives', window );">Additional estimated credit impairment on Cmbs derivatives</a></td>
        <td class="nump"><a title="mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives" onclick="toggleNextSibling(this);">$ 91</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 117</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">Mbia Corp [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DiscountRateOfCreditImpairments', window );">Discount rate of credit impairments</a></td>
        <td class="nump"><a title="mbi_DiscountRateOfCreditImpairments[dei_LegalEntityAxis=mbi_MbiaCorpMember]" onclick="toggleNextSibling(this);">5.17%</a><span style="display:none;white-space:normal;text-align:left;">mbi_DiscountRateOfCreditImpairments<br>/ dei_LegalEntityAxis<br>= mbi_MbiaCorpMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaUkMember', window );">MBIA UK [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DiscountRateOfCreditImpairments', window );">Discount rate of credit impairments</a></td>
        <td class="nump"><a title="mbi_DiscountRateOfCreditImpairments[dei_LegalEntityAxis=mbi_MbiaUkMember]" onclick="toggleNextSibling(this);">2.20%</a><span style="display:none;white-space:normal;text-align:left;">mbi_DiscountRateOfCreditImpairments<br>/ dei_LegalEntityAxis<br>= mbi_MbiaUkMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Additional Estimated Credit Impairment On Cmbs Derivatives</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AdditionalEstimatedCreditImpairmentOnCmbsDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DiscountRateOfCreditImpairments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Discount Rate Of Credit Impairments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DiscountRateOfCreditImpairments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaCorpMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaCorpMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaUkMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaUkMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>59
<FILENAME>R128.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EAZBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract', window );"><strong>Unrealized gains (losses) on available-for-sale securities: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax', window );">Unrealized gains (losses) arising during the period</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" onclick="toggleNextSibling(this);">254</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" onclick="toggleNextSibling(this);">(213)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" onclick="toggleNextSibling(this);">176</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" onclick="toggleNextSibling(this);">(76)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">171</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">(137)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">104</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract', window );"><strong>Available-for-sale securities with other-than-temporary impairments: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax', window );">Other-than-temporary impairments and unrealized gains (losses) arising during the period</a></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" onclick="toggleNextSibling(this);">(85)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax', window );">Total</a></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" onclick="toggleNextSibling(this);">(54)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</span><span></span></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</span><span></span></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</span><span></span></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">45</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract', window );"><strong>Foreign currency translation: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax', window );">Foreign currency translation gains (losses)</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" onclick="toggleNextSibling(this);">(40)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax', window );">Foreign currency translation gains (losses)</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">(27)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax" onclick="toggleNextSibling(this);">676</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax" onclick="toggleNextSibling(this);">108</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax" onclick="toggleNextSibling(this);">1,466</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract', window );"><strong>Unrealized gains (losses) on available-for-sale securities: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax', window );">Unrealized gains (losses) arising during the period</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">126</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(179)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">112</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(162)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">130</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">111</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract', window );"><strong>Available-for-sale securities with other-than-temporary impairments: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax', window );">Other-than-temporary impairments and unrealized gains (losses) arising during the period</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax', window );">Total</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract', window );"><strong>Foreign currency translation: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax', window );">Foreign currency translation gains (losses)</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(23)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 676</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 108</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 1,466</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16317811<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e557-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32022-110900<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32583-110901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 18<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32157-110900<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a-c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32022-110900<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 35<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6939497&amp;loc=d3e30304-110892<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit), before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569643-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e,f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>60
<FILENAME>Financial_Report.xls
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xls
M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O
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M<B!E9&ET;W(@9&]E<VXG="!S=7!P;W)T(%=E8B!!<F-H:79E(&9I;&5S+B`@
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M;V9T+6-O;3IO9F9I8V4Z97AC96PB('AM;&YS/3-$(FAT='`Z+R]W=W<N=S,N
M;W)G+U12+U)%0RUH=&UL-#`B/@T*/&AE860^#0H\;65T82!N86UE/3-$(D5X
M8V5L(%=O<FMB;V]K($9R86UE<V5T(CX-"@T*/&UE=&$@;F%M93TS1%!R;V=)
M9"!C;VYT96YT/3-$17AC96PN4VAE970^#0H\;&EN:R!R96P],T1&:6QE+4QI
M<W0@:')E9CTS1")7;W)K<VAE971S+V9I;&5L:7-T+GAM;"(^#0H-"CPA+2U;
M:68@9W1E(&US;R`Y73X\>&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX
M.D5X8V5L5V]R:W-H965T<SX-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@
M(#QX.DYA;64^1&]C=6UE;G1?86YD7T5N=&ET>5]);F9O<FUA=&EO/"]X.DYA
M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T
M<R]3:&5E=#`Q+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^0V]N<V]L:61A=&5D
M7T)A;&%N8V5?4VAE971S/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U
M<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#`R+FAT;6PB+SX-"B`@(#PO
M>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@
M(#QX.DYA;64^0V]N<V]L:61A=&5D7T)A;&%N8V5?4VAE971S7U!A/"]X.DYA
M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T
M<R]3:&5E=#`S+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^0V]N<V]L:61A=&5D
M7U-T871E;65N='-?3V9?3W!E/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T
M4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#`T+FAT;6PB+SX-"B`@
M(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*
M("`@(#QX.DYA;64^0V]N<V]L:61A=&5D7U-T871E;65N='-?3V9?3W!E,3PO
M>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS
M:&5E=',O4VAE970P-2YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^
M#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D-O;G-O;&ED
M871E9%]3=&%T96UE;G1?3V9?0V]M<#PO>#I.86UE/@T*("`@(#QX.E=O<FMS
M:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970P-BYH=&UL(B\^
M#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E
M=#X-"B`@("`\>#I.86UE/D-O;G-O;&ED871E9%]3=&%T96UE;G1?3V9?0VAA
M;CPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O
M<FMS:&5E=',O4VAE970P-RYH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE
M970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D-O;G-O
M;&ED871E9%]3=&%T96UE;G1?3V9?0VAA;C$\+W@Z3F%M93X-"B`@("`\>#I7
M;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T,#@N:'1M
M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K
M<VAE970^#0H@("`@/'@Z3F%M93Y#;VYS;VQI9&%T961?4W1A=&5M96YT<U]/
M9E]#87,\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS
M1")7;W)K<VAE971S+U-H965T,#DN:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R
M:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y"
M=7-I;F5S<U]$979E;&]P;65N='-?86YD7U)I<VL\+W@Z3F%M93X-"B`@("`\
M>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T,3`N
M:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7
M;W)K<VAE970^#0H@("`@/'@Z3F%M93Y3:6=N:69I8V%N=%]!8V-O=6YT:6YG
M7U!O;&EC:64\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E
M9CTS1")7;W)K<VAE971S+U-H965T,3$N:'1M;"(O/@T*("`@/"]X.D5X8V5L
M5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M
M93Y296-E;G1?06-C;W5N=&EN9U]0<F]N;W5N8V5M96X\+W@Z3F%M93X-"B`@
M("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T
M,3(N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC
M96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y687)I86)L95]);G1E<F5S=%]%
M;G1I=&EE<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F
M/3-$(E=O<FMS:&5E=',O4VAE970Q,RYH=&UL(B\^#0H@("`\+W@Z17AC96Q7
M;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE
M/DEN<W5R86YC95]0<F5M:75M<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E
M=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q-"YH=&UL(B\^#0H@
M("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-
M"B`@("`\>#I.86UE/DQO<W-?86YD7TQO<W-?061J=7-T;65N=%]%>'!E;CPO
M>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS
M:&5E=',O4VAE970Q-2YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^
M#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D9A:7)?5F%L
M=65?3V9?1FEN86YC:6%L7TEN<W1R=3PO>#I.86UE/@T*("`@(#QX.E=O<FMS
M:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q-BYH=&UL(B\^
M#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E
M=#X-"B`@("`\>#I.86UE/DEN=F5S=&UE;G1S/"]X.DYA;64^#0H@("`@/'@Z
M5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#$W+FAT
M;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R
M:W-H965T/@T*("`@(#QX.DYA;64^1&5R:79A=&EV95]);G-T<G5M96YT<SPO
M>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS
M:&5E=',O4VAE970Q."YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^
M#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D1E8G0\+W@Z
M3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE
M971S+U-H965T,3DN:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*
M("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);F-O;65?5&%X
M97,\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7
M;W)K<VAE971S+U-H965T,C`N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H
M965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y"=7-I
M;F5S<U]396=M96YT<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C
M92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970R,2YH=&UL(B\^#0H@("`\+W@Z
M17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\
M>#I.86UE/DEN<W5R86YC95]I;E]&;W)C93PO>#I.86UE/@T*("`@(#QX.E=O
M<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970R,BYH=&UL
M(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS
M:&5E=#X-"B`@("`\>#I.86UE/DEN<W5R86YC95]296=U;&%T:6]N<U]A;F1?
M1&EV:3PO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$
M(E=O<FMS:&5E=',O4VAE970R,RYH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K
M<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/E!E
M;G-I;VY?86YD7U!R;V9I=%]3:&%R:6YG7U!L83PO>#I.86UE/@T*("`@(#QX
M.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970R-"YH
M=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O
M<FMS:&5E=#X-"B`@("`\>#I.86UE/DQO;F=T97)M7TEN8V5N=&EV95]0;&%N
M<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O
M<FMS:&5E=',O4VAE970R-2YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE
M970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D5A<FYI
M;F=S7U!E<E]3:&%R93PO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C
M92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970R-BYH=&UL(B\^#0H@("`\+W@Z
M17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\
M>#I.86UE/D-O;6UO;E]A;F1?4')E9F5R<F5D7U-T;V-K/"]X.DYA;64^#0H@
M("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E
M=#(W+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X
M8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^06-C=6UU;&%T961?3W1H97)?
M0V]M<')E:&5N<VEV/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E
M($A2968],T0B5V]R:W-H965T<R]3:&5E=#(X+FAT;6PB+SX-"B`@(#PO>#I%
M>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX
M.DYA;64^4F5L871E9%]087)T>5]4<F%N<V%C=&EO;G,\+W@Z3F%M93X-"B`@
M("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T
M,CDN:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC
M96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y#;VUM:71M96YT<U]A;F1?0V]N
M=&EN9V5N8VEE<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(
M4F5F/3-$(E=O<FMS:&5E=',O4VAE970S,"YH=&UL(B\^#0H@("`\+W@Z17AC
M96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.
M86UE/E-U8G-E<75E;G1?179E;G1S/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H
M965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#,Q+FAT;6PB+SX-
M"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T
M/@T*("`@(#QX.DYA;64^4V-H961U;&5?25]);G9E<W1M96YT<SPO>#I.86UE
M/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O
M4VAE970S,BYH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\
M>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/E-C:&5D=6QE7TE)7U!A
M<F5N=%]#;VUP86YY7T9I;CPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O
M=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970S,RYH=&UL(B\^#0H@("`\
M+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M("`\>#I.86UE/E-C:&5D=6QE7TE67U)E:6YS=7)A;F-E/"]X.DYA;64^#0H@
M("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E
M=#,T+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X
M8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^4VEG;FEF:6-A;G1?06-C;W5N
M=&EN9U]0;VQI8VEE,3PO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C
M92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970S-2YH=&UL(B\^#0H@("`\+W@Z
M17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\
M>#I.86UE/D)U<VEN97-S7T1E=F5L;W!M96YT<U]A;F1?4FES:S$\+W@Z3F%M
M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S
M+U-H965T,S8N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@
M/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y3:6=N:69I8V%N=%]!
M8V-O=6YT:6YG7U!O;&EC:64R/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T
M4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#,W+FAT;6PB+SX-"B`@
M(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*
M("`@(#QX.DYA;64^5F%R:6%B;&5?26YT97)E<W1?16YT:71I97-?5&%B/"]X
M.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H
M965T<R]3:&5E=#,X+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-
M"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YS=7)A;F-E
M7U!R96UI=6US7U1A8FQE<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O
M=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970S.2YH=&UL(B\^#0H@("`\
M+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M("`\>#I.86UE/DQO<W-?86YD7TQO<W-?061J=7-T;65N=%]%>'!E;C$\+W@Z
M3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE
M971S+U-H965T-#`N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*
M("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y&86ER7U9A;'5E
M7V]F7T9I;F%N8VEA;%]);G-T<G4\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE
M9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T-#$N:'1M;"(O/@T*
M("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^
M#0H@("`@/'@Z3F%M93Y);G9E<W1M96YT<U]486)L97,\+W@Z3F%M93X-"B`@
M("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T
M-#(N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC
M96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y$97)I=F%T:79E7TEN<W1R=6UE
M;G1S7U1A8FQE<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(
M4F5F/3-$(E=O<FMS:&5E=',O4VAE970T,RYH=&UL(B\^#0H@("`\+W@Z17AC
M96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.
M86UE/D1E8G1?5&%B;&5S/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U
M<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#0T+FAT;6PB+SX-"B`@(#PO
M>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@
M(#QX.DYA;64^26YC;VUE7U1A>&5S7U1A8FQE<SPO>#I.86UE/@T*("`@(#QX
M.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970T-2YH
M=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O
M<FMS:&5E=#X-"B`@("`\>#I.86UE/D)U<VEN97-S7U-E9VUE;G1S7U1A8FQE
M<SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O
M<FMS:&5E=',O4VAE970T-BYH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE
M970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/DEN<W5R
M86YC95]);E]&;W)C95]486)L97,\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE
M9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T-#<N:'1M;"(O/@T*
M("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^
M#0H@("`@/'@Z3F%M93Y,;VYG=&5R;5]);F-E;G1I=F5?4&QA;G-?5&%B;&4\
M+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K
M<VAE971S+U-H965T-#@N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T
M/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y%87)N:6YG
M<U]097)?4VAA<F5?5&%B;&5S/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T
M4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#0Y+FAT;6PB+SX-"B`@
M(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*
M("`@(#QX.DYA;64^06-C=6UU;&%T961?3W1H97)?0V]M<')E:&5N<VEV,3PO
M>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS
M:&5E=',O4VAE970U,"YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^
M#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D)U<VEN97-S
M7T1E=F5L;W!M96YT<U]!;F1?4FES:SPO>#I.86UE/@T*("`@(#QX.E=O<FMS
M:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970U,2YH=&UL(B\^
M#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E
M=#X-"B`@("`\>#I.86UE/D)U<VEN97-S7T1E=F5L;W!M96YT<U]!;F1?4FES
M:S$\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7
M;W)K<VAE971S+U-H965T-3(N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H
M965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y3:6=N
M:69I8V%N=%]!8V-O=6YT:6YG7U!O;&EC:64S/"]X.DYA;64^#0H@("`@/'@Z
M5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#4S+FAT
M;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R
M:W-H965T/@T*("`@(#QX.DYA;64^5F%R:6%B;&5?26YT97)E<W1?16YT:71I
M97-?3F%R/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968]
M,T0B5V]R:W-H965T<R]3:&5E=#4T+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O
M<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^
M5F%R:6%B;&5?26YT97)E<W1?16YT:71I97-?4W5M/"]X.DYA;64^#0H@("`@
M/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#4U
M+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L
M5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YS=7)A;F-E7U!R96UI=6US7TYA
M<G)A=&EV95]$/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2
M968],T0B5V]R:W-H965T<R]3:&5E=#4V+FAT;6PB+SX-"B`@(#PO>#I%>&-E
M;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA
M;64^26YS=7)A;F-E7U!R96UI=6US7U)O;&Q?1F]R=V%R/"]X.DYA;64^#0H@
M("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E
M=#4W+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X
M8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YS=7)A;F-E7U!R96UI=6US
M7U5N9&ES8V]U;G1E/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E
M($A2968],T0B5V]R:W-H965T<R]3:&5E=#4X+FAT;6PB+SX-"B`@(#PO>#I%
M>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX
M.DYA;64^26YS=7)A;F-E7U!R96UI=6US7U5N96%R;F5D7U!R/"]X.DYA;64^
M#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3
M:&5E=#4Y+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX
M.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^3&]S<U]!;F1?3&]S<U]!
M9&IU<W1M96YT7T5X<&5N/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U
M<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#8P+FAT;6PB+SX-"B`@(#PO
M>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@
M(#QX.DYA;64^3&]S<U]!;F1?3&]S<U]!9&IU<W1M96YT7T5X<&5N,3PO>#I.
M86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E
M=',O4VAE970V,2YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@
M("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/DQO<W-?06YD7TQO
M<W-?061J=7-T;65N=%]%>'!E;C(\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE
M9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T-C(N:'1M;"(O/@T*
M("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^
M#0H@("`@/'@Z3F%M93Y,;W-S7T%N9%],;W-S7T%D:G5S=&UE;G1?17AP96XS
M/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R
M:W-H965T<R]3:&5E=#8S+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E
M=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^3&]S<U]!
M;F1?3&]S<U]!9&IU<W1M96YT7T5X<&5N-#PO>#I.86UE/@T*("`@(#QX.E=O
M<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970V-"YH=&UL
M(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS
M:&5E=#X-"B`@("`\>#I.86UE/DQO<W-?06YD7TQO<W-?061J=7-T;65N=%]%
M>'!E;C4\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS
M1")7;W)K<VAE971S+U-H965T-C4N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R
M:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y,
M;W-S7T%N9%],;W-S7T%D:G5S=&UE;G1?17AP96XV/"]X.DYA;64^#0H@("`@
M/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#8V
M+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L
M5V]R:W-H965T/@T*("`@(#QX.DYA;64^3&]S<U]!;F1?3&]S<U]!9&IU<W1M
M96YT7T5X<&5N-SPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(
M4F5F/3-$(E=O<FMS:&5E=',O4VAE970V-RYH=&UL(B\^#0H@("`\+W@Z17AC
M96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.
M86UE/DQO<W-?06YD7TQO<W-?061J=7-T;65N=%]%>'!E;C@\+W@Z3F%M93X-
M"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H
M965T-C@N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z
M17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y,;W-S7T%N9%],;W-S7T%D
M:G5S=&UE;G1?17AP96XY/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U
M<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#8Y+FAT;6PB+SX-"B`@(#PO
M>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@
M(#QX.DYA;64^3&]S<U]!;F1?3&]S<U]!9&IU<W1M96YT7T5X<&5N,3`\+W@Z
M3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE
M971S+U-H965T-S`N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*
M("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y&86ER7U9A;'5E
M7T]F7T9I;F%N8VEA;%]);G-T<G4Q/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H
M965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#<Q+FAT;6PB+SX-
M"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T
M/@T*("`@(#QX.DYA;64^1F%I<E]686QU95]/9E]&:6YA;F-I86Q?26YS=')U
M,CPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O
M<FMS:&5E=',O4VAE970W,BYH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE
M970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D9A:7)?
M5F%L=65?3V9?1FEN86YC:6%L7TEN<W1R=3,\+W@Z3F%M93X-"B`@("`\>#I7
M;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T-S,N:'1M
M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K
M<VAE970^#0H@("`@/'@Z3F%M93Y&86ER7U9A;'5E7T]F7T9I;F%N8VEA;%])
M;G-T<G4T/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968]
M,T0B5V]R:W-H965T<R]3:&5E=#<T+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O
M<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^
M1F%I<E]686QU95]/9E]&:6YA;F-I86Q?26YS=')U-3PO>#I.86UE/@T*("`@
M(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970W
M-2YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E
M;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D9A:7)?5F%L=65?3V9?1FEN86YC
M:6%L7TEN<W1R=38\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@
M2%)E9CTS1")7;W)K<VAE971S+U-H965T-S8N:'1M;"(O/@T*("`@/"]X.D5X
M8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z
M3F%M93Y&86ER7U9A;'5E7T]F7T9I;F%N8VEA;%]);G-T<G4W/"]X.DYA;64^
M#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3
M:&5E=#<W+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX
M.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^1F%I<E]686QU95]/9E]&
M:6YA;F-I86Q?26YS=')U.#PO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O
M=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970W."YH=&UL(B\^#0H@("`\
M+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M("`\>#I.86UE/DEN=F5S=&UE;G1S7TYA<G)A=&EV95]$971A:6P\+W@Z3F%M
M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S
M+U-H965T-SDN:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@
M/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);G9E<W1M96YT<U]!
M;6]R=&EZ961?0V]S=%]!;F0\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713
M;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T.#`N:'1M;"(O/@T*("`@
M/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@
M("`@/'@Z3F%M93Y);G9E<W1M96YT<U]$:7-T<FEB=71I;VY?0GE?0V\\+W@Z
M3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE
M971S+U-H965T.#$N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*
M("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);G9E<W1M96YT
M<U]'<F]S<U]5;G)E86QI>F5D7TP\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE
M9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T.#(N:'1M;"(O/@T*
M("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^
M#0H@("`@/'@Z3F%M93Y);G9E<W1M96YT<U]$:7-T<FEB=71I;VY?3V9?4V4\
M+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K
M<VAE971S+U-H965T.#,N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T
M/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);G9E<W1M
M96YT<U]#<F5D:71?4F%T:6YG<U]/9E\\+W@Z3F%M93X-"B`@("`\>#I7;W)K
M<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T.#0N:'1M;"(O
M/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE
M970^#0H@("`@/'@Z3F%M93Y);G9E<W1M96YT<U]!=F5R86=E7T-R961I=%]2
M870\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7
M;W)K<VAE971S+U-H965T.#4N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H
M965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);G9E
M<W1M96YT<U]396-U<FET:65S7TAE;&1?26X\+W@Z3F%M93X-"B`@("`\>#I7
M;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T.#8N:'1M
M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K
M<VAE970^#0H@("`@/'@Z3F%M93Y);G9E<W1M96YT<U]#<F5D:71?3&]S<V5S
M7U)E8V\\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS
M1")7;W)K<VAE971S+U-H965T.#<N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R
M:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y)
M;G9E<W1M96YT<U].971?4F5A;&EZ961?1V%I;G,\+W@Z3F%M93X-"B`@("`\
M>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T.#@N
M:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7
M;W)K<VAE970^#0H@("`@/'@Z3F%M93Y$97)I=F%T:79E7TEN<W1R=6UE;G1S
M7TYA<G)A=&D\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E
M9CTS1")7;W)K<VAE971S+U-H965T.#DN:'1M;"(O/@T*("`@/"]X.D5X8V5L
M5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M
M93Y$97)I=F%T:79E7TEN<W1R=6UE;G1S7T-R961I=%\\+W@Z3F%M93X-"B`@
M("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T
M.3`N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC
M96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y$97)I=F%T:79E7TEN<W1R=6UE
M;G1S7U1O=&%L7T8\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@
M2%)E9CTS1")7;W)K<VAE971S+U-H965T.3$N:'1M;"(O/@T*("`@/"]X.D5X
M8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z
M3F%M93Y$97)I=F%T:79E7TEN<W1R=6UE;G1S7T5F9F5C=%\\+W@Z3F%M93X-
M"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H
M965T.3(N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z
M17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y$96)T7TYA<G)A=&EV95]$
M971A:6P\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS
M1")7;W)K<VAE971S+U-H965T.3,N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R
M:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y$
M96)T7TQO;F=497)M7T1E8G1?1&5T86EL/"]X.DYA;64^#0H@("`@/'@Z5V]R
M:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#DT+FAT;6PB
M+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H
M965T/@T*("`@(#QX.DYA;64^1&5B=%]!9V=R96=A=&5?36%T=7)I='E?3V9?
M1&5B/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B
M5V]R:W-H965T<R]3:&5E=#DU+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS
M:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^1&5B
M=%]0<FEN8VEP86Q?4&%Y;65N='-?1F]R7TEN/"]X.DYA;64^#0H@("`@/'@Z
M5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#DV+FAT
M;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R
M:W-H965T/@T*("`@(#QX.DYA;64^26YC;VUE7U1A>&5S7TYA<G)A=&EV95]$
M971A:6P\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS
M1")7;W)K<VAE971S+U-H965T.3<N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R
M:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y)
M;F-O;65?5&%X97-?26YC;VUE7U1A>&5S7T%N9%\\+W@Z3F%M93X-"B`@("`\
M>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T.3@N
M:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7
M;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);F-O;65?5&%X97-?26YC;VUE7V)E
M9F]R95]);F,\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E
M9CTS1")7;W)K<VAE971S+U-H965T.3DN:'1M;"(O/@T*("`@/"]X.D5X8V5L
M5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M
M93Y);F-O;65?5&%X97-?26YC;VUE7U1A>&5S7V%N9%\\+W@Z3F%M93X-"B`@
M("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T
M,3`P+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X
M8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YC;VUE7U1A>&5S7TEN8V]M
M95]487A?4F%T95]2/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E
M($A2968],T0B5V]R:W-H965T<R]3:&5E=#$P,2YH=&UL(B\^#0H@("`\+W@Z
M17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\
M>#I.86UE/DEN8V]M95]487AE<U]#;VUP;VYE;G1S7T]F7T1E9CPO>#I.86UE
M/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O
M4VAE970Q,#(N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@
M/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y);F-O;65?5&%X97-?
M0VAA;F=E7TEN7U5N<F5C;V<\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713
M;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T,3`S+FAT;6PB+SX-"B`@
M(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*
M("`@(#QX.DYA;64^0G5S:6YE<W-?4V5G;65N='-?3F%R<F%T:79E7T1E/"]X
M.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H
M965T<R]3:&5E=#$P-"YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^
M#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D)U<VEN97-S
M7U-E9VUE;G1S7U-U;6UA<GE?3V9?0SPO>#I.86UE/@T*("`@(#QX.E=O<FMS
M:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q,#4N:'1M;"(O
M/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE
M970^#0H@("`@/'@Z3F%M93Y"=7-I;F5S<U]396=M96YT<U]3=6UM87)Y7T]F
M7U`\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7
M;W)K<VAE971S+U-H965T,3`V+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS
M:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YS
M=7)A;F-E7VEN7T9O<F-E7TYA<G)A=&EV95]$/"]X.DYA;64^#0H@("`@/'@Z
M5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#$P-RYH
M=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O
M<FMS:&5E=#X-"B`@("`\>#I.86UE/DEN<W5R86YC95]I;E]&;W)C95]38VAE
M9'5L95]/9CPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F
M/3-$(E=O<FMS:&5E=',O4VAE970Q,#@N:'1M;"(O/@T*("`@/"]X.D5X8V5L
M5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M
M93Y);G-U<F%N8V5?26Y?1F]R8V5?4V-H961U;&5?3V8\+W@Z3F%M93X-"B`@
M("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T
M,3`Y+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X
M8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YS=7)A;F-E7TEN7T9O<F-E
M7U-U;6UA<GE?3V9?/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E
M($A2968],T0B5V]R:W-H965T<R]3:&5E=#$Q,"YH=&UL(B\^#0H@("`\+W@Z
M17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\
M>#I.86UE/DEN<W5R86YC95]);E]&;W)C95]3=6UM87)Y7T]F7S$\+W@Z3F%M
M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S
M+U-H965T,3$Q+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^26YS=7)A;F-E7U)E
M9W5L871I;VYS7T%N9%]$:79I/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T
M4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#$Q,BYH=&UL(B\^#0H@
M("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-
M"B`@("`\>#I.86UE/E!E;G-I;VY?06YD7U!R;V9I=%]3:&%R:6YG7U!L83PO
M>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS
M:&5E=',O4VAE970Q,3,N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T
M/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y,;VYG=&5R
M;5]);F-E;G1I=F5?4&QA;G-?3F%R<F$\+W@Z3F%M93X-"B`@("`\>#I7;W)K
M<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T,3$T+FAT;6PB
M+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H
M965T/@T*("`@(#QX.DYA;64^3&]N9U1E<FU?26YC96YT:79E7U!L86YS7U)E
M<W1R/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B
M5V]R:W-H965T<R]3:&5E=#$Q-2YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K
M<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/DQO
M;F=497)M7TEN8V5N=&EV95]0;&%N<U]3=&]C:SPO>#I.86UE/@T*("`@(#QX
M.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q,38N
M:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7
M;W)K<VAE970^#0H@("`@/'@Z3F%M93Y,;VYG5&5R;5]);F-E;G1I=F5?4&QA
M;G-?3W5T<W0\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E
M9CTS1")7;W)K<VAE971S+U-H965T,3$W+FAT;6PB+SX-"B`@(#PO>#I%>&-E
M;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA
M;64^16%R;FEN9W-?4&5R7U-H87)E7TYA<G)A=&EV95]$/"]X.DYA;64^#0H@
M("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E
M=#$Q."YH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%
M>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/D5A<FYI;F=S7U!E<E]3:&%R
M95]#;VUP=71A=&EO;CPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C
M92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q,3DN:'1M;"(O/@T*("`@/"]X
M.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^#0H@("`@
M/'@Z3F%M93Y#;VUM;VY?86YD7U!R969E<G)E9%]3=&]C:U].87(\+W@Z3F%M
M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S
M+U-H965T,3(P+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^06-C=6UU;&%T961?
M3W1H97)?0V]M<')E:&5N<VEV,CPO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E
M=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q,C$N:'1M;"(O/@T*
M("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K<VAE970^
M#0H@("`@/'@Z3F%M93Y!8V-U;75L871E9%]/=&AE<E]#;VUP<F5H96YS:78S
M/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2968],T0B5V]R
M:W-H965T<R]3:&5E=#$R,BYH=&UL(B\^#0H@("`\+W@Z17AC96Q7;W)K<VAE
M970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.86UE/E)E;&%T
M961?4&%R='E?5')A;G-A8W1I;VYS7TYA<CPO>#I.86UE/@T*("`@(#QX.E=O
M<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE970Q,C,N:'1M
M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z17AC96Q7;W)K
M<VAE970^#0H@("`@/'@Z3F%M93Y#;VUM:71M96YT<U]A;F1?0V]N=&EN9V5N
M8VEE<U\\+W@Z3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS
M1")7;W)K<VAE971S+U-H965T,3(T+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O
M<FMS:&5E=#X-"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^
M4V-H961U;&5?25]);G9E<W1M96YT<U]$971A:6P\+W@Z3F%M93X-"B`@("`\
M>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE971S+U-H965T,3(U
M+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-"B`@(#QX.D5X8V5L
M5V]R:W-H965T/@T*("`@(#QX.DYA;64^4V-H961U;&5?24E?0V]N9&5N<V5D
M7T)A;&%N8V5?/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U<F-E($A2
M968],T0B5V]R:W-H965T<R]3:&5E=#$R-BYH=&UL(B\^#0H@("`\+W@Z17AC
M96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@("`\>#I.
M86UE/E-C:&5D=6QE7TE)7T-O;F1E;G-E9%]3=&%T96UE;CPO>#I.86UE/@T*
M("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O<FMS:&5E=',O4VAE
M970Q,C<N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H965T/@T*("`@/'@Z
M17AC96Q7;W)K<VAE970^#0H@("`@/'@Z3F%M93Y38VAE9'5L95])25]#;VYD
M96YS961?4W1A=&5M96XQ/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U
M<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#$R."YH=&UL(B\^#0H@("`\
M+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E=#X-"B`@
M("`\>#I.86UE/E-C:&5D=6QE7TE)7T-O;F1E;G-E9%]3=&%T96UE;C(\+W@Z
M3F%M93X-"B`@("`\>#I7;W)K<VAE9713;W5R8V4@2%)E9CTS1")7;W)K<VAE
M971S+U-H965T,3(Y+FAT;6PB+SX-"B`@(#PO>#I%>&-E;%=O<FMS:&5E=#X-
M"B`@(#QX.D5X8V5L5V]R:W-H965T/@T*("`@(#QX.DYA;64^4V-H961U;&5?
M24E?3F]T97-?=&]?0V]N9&5N<V5D/"]X.DYA;64^#0H@("`@/'@Z5V]R:W-H
M965T4V]U<F-E($A2968],T0B5V]R:W-H965T<R]3:&5E=#$S,"YH=&UL(B\^
M#0H@("`\+W@Z17AC96Q7;W)K<VAE970^#0H@("`\>#I%>&-E;%=O<FMS:&5E
M=#X-"B`@("`\>#I.86UE/E-C:&5D=6QE7TE67U)E:6YS=7)A;F-E7T1E=&%I
M;#PO>#I.86UE/@T*("`@(#QX.E=O<FMS:&5E=%-O=7)C92!(4F5F/3-$(E=O
M<FMS:&5E=',O4VAE970Q,S$N:'1M;"(O/@T*("`@/"]X.D5X8V5L5V]R:W-H
M965T/@T*("`\+W@Z17AC96Q7;W)K<VAE971S/@T*("`\>#I3='EL97-H965T
M($A2968],T0B5V]R:W-H965T<R]R97!O<G0N8W-S(B\^#0H@(#QX.D%C=&EV
M95-H965T/C`\+W@Z06-T:79E4VAE970^#0H@(#QX.E!R;W1E8W13=')U8W1U
M<F4^1F%L<V4\+W@Z4')O=&5C=%-T<G5C='5R93X-"B`@/'@Z4')O=&5C=%=I
M;F1O=W,^1F%L<V4\+W@Z4')O=&5C=%=I;F1O=W,^#0H@/"]X.D5X8V5L5V]R
M:V)O;VL^#0H\+WAM;#X\(5ME;F1I9ETM+3X-"CPO:&5A9#X-"B`@/&)O9'D^
M#0H@("`\<#Y4:&ES('!A9V4@<VAO=6QD(&)E(&]P96YE9"!W:71H($UI8W)O
M<V]F="!%>&-E;"!84"!O<B!N97=E<BX\+W`^#0H@(#PO8F]D>3X-"CPO:'1M
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M<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\3454
M02!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H
M=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S
M8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M
M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE
M(&-L87-S/3-$<F5P;W)T(&ED/3-$240P15%5044^#0H@("`@("`\='(^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R
M/CQS=')O;F<^1&]C=6UE;G0@86YD($5N=&ET>2!);F9O<FUA=&EO;B`H55-$
M("0I/&)R/CPO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M(&-O;'-P86X],T0Q/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/CPO=&@^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0Q/CPO=&@^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T
M/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D9E8BX@,C8L(#(P
M,34\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^2G5N+B`S,"P@
M,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY$;V-U;65N="!$;V-U;65N=&%N9"!%;G1I='D@26YF;W)M871I;VX@
M6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y$;V-U;65N="!4>7!E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#XQ,"U+/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y!;65N9&UE;G0@1FQA9SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^9F%L<V4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1O8W5M96YT(%!E<FEO9"!%;F0@1&%T
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^1&5C(#,Q+`T*"0DR
M,#$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y$;V-U;65N="!&:7-C86P@665A<B!&;V-U<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^,C`Q-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&]C=6UE;G0@1FES8V%L(%!E<FEO
M9"!&;V-U<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^1ED\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R
M861I;F<@4WEM8F]L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y-
M0DD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D5N=&ET>2!296=I<W1R86YT($YA;64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/DU"24$@24Y#/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%;G1I='D@0V5N=')A;"!);F1E>"!+
M97D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/C`P,#`X,30U.#4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D-U<G)E;G0@1FES8V%L(%EE87(@16YD($1A=&4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/BTM,3(M,S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5N=&ET>2!&:6QE<B!#871E9V]R
M>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^3&%R9V4@06-C96QE
M<F%T960@1FEL97(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D5N=&ET>2!#;VUM;VX@4W1O8VLL(%-H87)E<R!/=71S
M=&%N9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@U+#8V
M,RPS-S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D5N=&ET>2!796QL+4MN;W=N(%-E87-O;F5D($ES<W5E<CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^665S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%;G1I='D@4'5B;&EC
M($9L;V%T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L-38S
M+#$Q,BPP-C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D5N=&ET>2!#=7)R96YT(%)E<&]R=&EN9R!3=&%T=7,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/EEE<SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^16YT:71Y(%9O;'5N
M=&%R>2!&:6QE<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/DYO
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^
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M("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E
M(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T
M('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.
M;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@
M/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14Y(
M04D^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P
M86X],T0Q(')O=W-P86X],T0Q/CQS=')O;F<^0V]N<V]L:61A=&5D($)A;&%N
M8V4@4VAE971S("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE
M<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%S<V5T<SPO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87-H(&%N9"!C87-H(&5Q
M=6EV86QE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#<X
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,2PR-3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E!R96UI=6US(')E8V5I=F%B;&4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C@W-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$L,#4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-E=',@:&5L9"!F;W(@<V%L
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#`R/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!D
M969E<G)E9"!T87@@87-S970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$L,#`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,2PQ,#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G1S(&AE;&0M=&\M;6%T=7)I='DL
M(&%T(&%M;W)T:7IE9"!C;W-T("AF86ER('9A;'5E("0R+#8S,B!A;F0@)#(L
M-C4Q*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPW-3<\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#@P
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1O=&%L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,38L,C@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,38L.34S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQI86)I;&ET:65S.CPO<W1R;VYG
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@
M9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PX,3`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#<P
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C0V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,2PR,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQI86)I;&ET:65S(&AE;&0@9F]R('-A
M;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<W,CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3(L,S,T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,L-C4T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y#;VUM:71M96YT<R!A;F0@8V]N=&EN9V5N8VEE<R`H
M4V5E($YO=&4@,C$I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XF
M;F)S<#LF;F)S<#L\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#XF;F)S<#LF;F)S<#L\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^17%U:71Y.CPO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R
M960@<W1O8VLL('!A<B!V86QU92`D,2!P97(@<VAA<F4[(&%U=&AO<FEZ960@
M<VAA<F5S+2TQ,"PP,#`L,#`P.R!I<W-U960@86YD(&]U='-T86YD:6YG+2UN
M;VYE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]M;6]N
M('-T;V-K+"!P87(@=F%L=64@)#$@<&5R('-H87)E.R!A=71H;W)I>F5D('-H
M87)E<RTM-#`P+#`P,"PP,#`[(&ES<W5E9"!S:&%R97,M+3(X,2PS-3(L-S@R
M(&%N9"`R-S<L.#$R+#0S,#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C@Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C<X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!9&1I=&EO;F%L('!A:60M:6X@8V%P:71A;#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPQ,C@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#$Q-3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5T86EN960@
M96%R;FEN9W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L.#4X
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,BPR.#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D%C8W5M=6QA=&5D(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE
M("AL;W-S*2P@;F5T(&]F('1A>"!O9B`D-R!A;F0@)#4T/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')E87-U<GD@<W1O8VLL(&%T
M(&-O<W0M+3@Y+#0P.2PX.#<@86YD(#@U+#4V,BPU-#8@<VAA<F5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#,U.2D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#,Q."D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!S:&%R96AO;&1E<G,G(&5Q=6ET>2!O9B!-0DE!($EN8RX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,L.3(Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPR-S@\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R969E<G)E9"!S
M=&]C:R!O9B!S=6)S:61I87)Y(&%N9"!N;VYC;VYT<F]L;&EN9R!I;G1E<F5S
M=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L
M(&5Q=6ET>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPY-3`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS
M+#(Y.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1O=&%L(&QI86)I;&ET:65S(&%N9"!E<75I='D\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$V+#(X-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V+#DU,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F]N(%9A<FEA
M8FQE($EN=&5R97-T($5N=&ET>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%S<V5T<SPO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:7AE9"UM871U<FET>2!S
M96-U<FET:65S(&AE;&0@87,@879A:6QA8FQE+69O<BUS86QE+"!A="!F86ER
M('9A;'5E("AA;6]R=&EZ960@8V]S="`D-2PP,S8@86YD("0U+#`V-"D@26YV
M97-T;65N=',@:&5L9"!A<R!A=F%I;&%B;&4M9F]R+7-A;&4L(&%T(&9A:7(@
M=F%L=64@*&%M;W)T:7IE9"!C;W-T("0P(&%N9"`D,3,V*3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-2PQ,CD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#DX-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',@
M8V%R<FEE9"!A="!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR,#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR,#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G1S('!L961G960@87,@8V]L;&%T
M97)A;"P@870@9F%I<B!V86QU92`H86UO<G1I>F5D(&-O<W0@)#0T,2!A;F0@
M)#0X,RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0P.#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0R-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4VAO<G0M=&5R;2!I;G9E<W1M96YT<R!H96QD(&%S(&%V86EL86)L92UF;W(M
M<V%L92P@870@9F%I<B!V86QU92`H86UO<G1I>F5D(&-O<W0@)#$L,#8Y(&%N
M9"`D,2PR,#,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#`V
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$L,C`T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y/=&AE<B!I;G9E<W1M96YT<R`H:6YC;'5D97,@:6YV97-T;65N
M=',@870@9F%I<B!V86QU92!O9B`D,3,@86YD("0Q,2D\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,38\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!I;G9E<W1M96YT<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-BPX,S`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#@S-3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%S
M:"!A;F0@8V%S:"!E<75I=F%L96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-S(Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,2PQ-C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E!R96UI=6US(')E8V5I=F%B;&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@W-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,#4Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$969E<G)E9"!A
M8W%U:7-I=&EO;B!C;W-T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C8P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y);G-U<F%N8V4@;&]S<R!R96-O=F5R86)L93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3,S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CDT/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9&5F97)R960@
M=&%X(&%S<V5T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#`R
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1&5F97)R960@:6YC;VUE('1A>&5S+"!N970\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$L,3`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!A<W-E=',\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(R.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,:6%B:6QI
M=&EE<SH\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^56YE87)N960@<')E;6EU;2!R979E;G5E/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ+#DX-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(L-#0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S
M=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-3`V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-C0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT(&%G<F5E;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4T-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^365D:75M+71E<FT@
M;F]T97,@*&EN8VQU9&5S(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!C87)R:65D
M(&%T(&9A:7(@=F%L=64@;V8@)#$Y-R!A;F0@)#(P,RD\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$L,C`Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT,C<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO;F<M=&5R;2!D96)T
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#@Q,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-S`R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$
M97)I=F%T:79E(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XT,S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ+#$U,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3W1H97(@;&EA8FEL:71I97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(W,3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Y-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!<W-E=',\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960M
M;6%T=7)I='D@<V5C=7)I=&EE<R!H96QD(&%S(&%V86EL86)L92UF;W(M<V%L
M92P@870@9F%I<B!V86QU92`H86UO<G1I>F5D(&-O<W0@)#4L,#,V(&%N9"`D
M-2PP-C0I($EN=F5S=&UE;G1S(&AE;&0@87,@879A:6QA8FQE+69O<BUS86QE
M+"!A="!F86ER('9A;'5E("AA;6]R=&EZ960@8V]S="`D,"!A;F0@)#$S-BD\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,S8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE
M;G1S(&-A<G)I960@870@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-#(Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-3@W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y#87-H/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/CDW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<R!H96QD+71O+6UA='5R:71Y
M+"!A="!A;6]R=&EZ960@8V]S="`H9F%I<B!V86QU92`D,BPV,S(@86YD("0R
M+#8U,2D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-S4W/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPX
M,#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DQO86YS(')E8V5I=F%B;&4@870@9F%I<B!V86QU93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT,S$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#8Q,CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;B!R97!U<F-H
M87-E(&-O;6UI=&UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XS-SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS-3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^3&EA8FEL:71I97,Z/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@;&EA8FEL
M:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%R
M:6%B;&4@:6YT97)E<W0@96YT:71Y(&YO=&5S("AI;F-L=61E<R!F:6YA;F-I
M86P@:6YS=')U;65N=',@8V%R<FEE9"!A="!F86ER('9A;'5E(&]F("0R+#`T
M-R!A;F0@)#(L,S4V*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-"PX,#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XU+#(X-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4&%Y86)L92!F;W(@;&]A;G,@<'5R8VAA<V5D/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*
M/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO
M+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R
M:W-H965T<R]3:&5E=#`S+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I
M;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL
M.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@
M(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T
M97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O
M:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI
M<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\
M=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%1$%!1SX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A
M;CTS1#$^/'-T<F]N9SY#;VYS;VQI9&%T960@0F%L86YC92!3:&5E=',@*%!A
M<F5N=&AE=&EC86PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L(&5X8V5P="!3
M:&%R92!D871A+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q
M,SQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960M
M;6%T=7)I='D@<V5C=7)I=&EE<R!H96QD(&%S(&%V86EL86)L92UF;W(M<V%L
M92P@86UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@-BPU,#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#8L.#(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<R!H96QD+71O+6UA='5R
M:71Y+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR+#8S,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(L-C4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y0<F5F97)R960@<W1O8VLL('!A<B!V86QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R960@
M<W1O8VLL(&%U=&AO<FEZ960@<VAA<F5S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')E9F5R<F5D('-T
M;V-K+"!I<W-U960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y0<F5F97)R960@<W1O8VLL(&]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^0V]M;6]N('-T;V-K+"!P87(@=F%L=64\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]M;6]N
M('-T;V-K+"!A=71H;W)I>F5D('-H87)E<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-#`P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,#`L,#`P+#`P,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]M;6]N('-T
M;V-K+"!I<W-U960@<VAA<F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR.#$L,S4R+#<X,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(W-RPX,3(L-#,P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!8V-U;75L871E9"!O=&AE
M<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RDL('1A>&5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XW/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-30\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R96%S=7)Y('-T;V-K+"!S
M:&%R97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@Y+#0P.2PX
M.#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XX-2PU-C(L-30V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.;VX@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D
M+6UA='5R:71Y('-E8W5R:71I97,@:&5L9"!A<R!A=F%I;&%B;&4M9F]R+7-A
M;&4L(&%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XU+#`S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C4L,#8T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<R!P;&5D9V5D(&%S(&-O;&QA
M=&5R86PL(&%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XT-#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT.#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E-H;W)T+71E<FT@:6YV97-T;65N=',@:&5L9"!A
M<R!A=F%I;&%B;&4M9F]R+7-A;&4L(&%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#`V.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C`S/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!I;G9E
M<W1M96YT<RP@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^365D:75M+71E<FT@;F]T97,L(&9I;F%N8VEA;"!I;G-T
M<G5M96YT<R!C87)R:65D(&%T(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$Y-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(P,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%R:6%B;&4@26YT97)E<W0@16YT
M:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960M;6%T=7)I='D@<V5C=7)I=&EE
M<R!H96QD(&%S(&%V86EL86)L92UF;W(M<V%L92P@86UO<G1I>F5D(&-O<W0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,S8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE
M;G1S(&AE;&0M=&\M;6%T=7)I='DL(&9A:7(@=F%L=64\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(L-C,R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPV-3$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE(&EN=&5R
M97-T(&5N=&ET>2!N;W1E<RP@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&-A<G)I
M960@870@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`R+#`T-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,BPS-38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM
M+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E
M9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y
M8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#`T
M+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN
M=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA
M<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U
M:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S
M970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,]
M,T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S
M8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R
M97!O<G0@:60],T1)1#!%-$U"23X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY#
M;VYS;VQI9&%T960@4W1A=&5M96YT<R!/9B!/<&5R871I;VYS("A54T0@)"D\
M8G(^26X@36EL;&EO;G,L(&5X8V5P="!3:&%R92!D871A+"!U;FQE<W,@;W1H
M97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0V/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C
M+B`S,2P@,C`Q,CQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY0<F5M:75M<R!E87)N960Z/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5M:75M<R!E87)N960@*&YE
M="!O9B!C961E9"!P<F5M:75M<R!O9B`D,3(L("0Q,"!A;F0@)#$T*3PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`S.3<\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#0U-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@-C`U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D-H86YG92!I;B!F86ER('9A;'5E(&]F(&EN<W5R960@9&5R:79A
M=&EV97,Z/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E5N<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@;VX@:6YS=7)E9"!D97)I
M=F%T:79E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3`S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PW-S<\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ+#@W,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DYE="!C:&%N9V4@:6X@9F%I<B!V86QU92!O9B!I;G-U<F5D
M(&1E<FEV871I=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M-3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,S(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#0V-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I
M;G-T<G5M96YT<R!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^26YV97-T;65N="!L;W-S97,@<F5L871E9"!T;R!O=&AE<BUT:&%N+71E
M;7!O<F%R>2!I;7!A:7)M96YT<SH\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;G9E<W1M96YT(&QO<W-E<R!R96QA
M=&5D('1O(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE;G1S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-2D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M,#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@
M*&QO<W-E<RD@;VX@97AT:6YG=6ES:&UE;G0@;V8@9&5B=#PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C8P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!N970@<F5A;&EZ960@
M9V%I;G,@*&QO<W-E<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,CDI/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E1O=&%L(')E=F5N=65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ+#(W,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$L,C`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPT,S4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^17AP96YS97,Z
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO
M<W-E<R!A;F0@;&]S<R!A9&IU<W1M96YT/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,S,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^26YT97)E<W0\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(Q,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X-#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&5X<&5N<V5S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV,CD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XW.3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XX,S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);F-O
M;64@*&QO<W,I(&)E9F]R92!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C8T,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0Q-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-3DX/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E;F5F
M:70I(&9O<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38V/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S8T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3F5T(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C4V.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L
M,C,T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DYE
M="!I;F-O;64@*&QO<W,I('!E<B!C;VUM;VX@<VAA<F4Z/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO
M<W,I('!E<B!B87-I8R!C;VUM;VX@<VAA<F4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,BXY-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@,2XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V+C,V
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL
M;W-S*2!P97(@9&EL=71E9"!C;VUM;VX@<VAA<F4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@,BXW-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,2XR.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M-BXS,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY7
M96EG:'1E9"!A=F5R86=E(&YU;6)E<B!O9B!C;VUM;VX@<VAA<F5S(&]U='-T
M86YD:6YG.CPO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y"87-I8SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@X
M+#$W,2PU,#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$X.2PP-S$L,#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ.#@L.#,T+#8R-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$:6QU=&5D/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3`L.#DX+#8R-SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$Y,"PS,3(L.3$S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3@Y+#@Y-RPP,C$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DYO;B!687)I86)L92!);G1E<F5S="!%;G1I='D@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY0<F5M:75M<R!E87)N960Z/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E-C:&5D=6QE9"!P<F5M:75M<R!E87)N960\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U.#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C,P-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,W,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5F=6YD
M:6YG('!R96UI=6US(&5A<FYE9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4')E;6EU;7,@96%R;F5D("AN970@;V8@8V5D
M960@<')E;6EU;7,@;V8@)#$R+"`D,3`@86YD("0Q-"D\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,Y-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C0U-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8P-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&EN=F5S=&UE;G0@
M:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-SD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-C8\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR,30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9E97,@86YD(')E:6UB=7)S96UE;G1S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XT,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^0VAA;F=E(&EN(&9A:7(@
M=F%L=64@;V8@:6YS=7)E9"!D97)I=F%T:79E<SH\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5A;&EZ960@9V%I;G,@*&QO
M<W-E<RD@86YD(&]T:&5R('-E='1L96UE;G1S(&]N(&EN<W5R960@9&5R:79A
M=&EV97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0T-"D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q+#4T-2D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@T,#8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&]N(&EN<W5R960@
M9&5R:79A=&EV97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDP
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-S<W/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,2PX-S`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@8VAA;F=E(&EN(&9A:7(@=F%L=64@;V8@:6YS
M=7)E9"!D97)I=F%T:79E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-#4Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT-C0\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I
M86P@:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H
M86YG93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S@\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C4U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/DEN=F5S=&UE;G0@;&]S<V5S(')E;&%T960@=&\@;W1H97(M=&AA
M;BUT96UP;W)A<GD@:6UP86ER;65N=',Z/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G0@;&]S<V5S(')E;&%T
M960@=&\@;W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#DY*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U
M."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R+71H86XM
M=&5M<&]R87)Y(&EM<&%I<FUE;G1S(')E8V]G;FEZ960@:6X@86-C=6UU;&%T
M960@;W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T-RD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YV97-T;65N
M="!L;W-S97,@<F5L871E9"!T;R!O=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A
M:7)M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,34I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$P-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!E>'1I;F=U:7-H;65N="!O9B!D
M96)T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE
M<B!N970@<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,CDI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY%>'!E;G-E<SH\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<V5S
M(&%N9"!L;W-S(&%D:G5S=&UE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$S,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q-SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y!;6]R=&EZ871I;VX@;V8@9&5F97)R960@86-Q
M=6ES:71I;VX@8V]S=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XU,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3W!E<F%T:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ.34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,S@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS.#$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.#0\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T($5N=&ET
M>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4')E;6EU;7,@96%R;F5D.CPO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@
M:6YV97-T;65N="!I;F-O;64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-38\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY#:&%N9V4@:6X@9F%I<B!V86QU92!O9B!I
M;G-U<F5D(&1E<FEV871I=F5S.CPO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC
M:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC
M:&%N9V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<U/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^26YV97-T;65N="!L;W-S97,@<F5L871E9"!T;R!O=&AE<BUT
M:&%N+71E;7!O<F%R>2!I;7!A:7)M96YT<SH\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N
M(&5X=&EN9W5I<VAM96YT(&]F(&1E8G0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D]T:&5R(&YE="!R96%L:7IE9"!G86EN<R`H;&]S
M<V5S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,RD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY%>'!E;G-E<SH\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3W!E<F%T:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YT97)E<W0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#0U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1D(&-O;'-P86X],T0W
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&
M;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,5T\+W1D/@T*
M("`@("`@("`\=&0@8V]L<W!A;CTS1#8@=F%L:6=N/3-$=&]P/CQD:78@>&UL
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M9&5D($1E8V5M8F5R(#,Q+"`R,#$T+"`R,#$S(&%N9"`R,#$R+"!R97-P96-T
M:79E;'DN/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-
M"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A
M=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S
M-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#`U+FAT;6P-"D-O;G1E;G0M5')A
M;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP
M93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@
M(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@
M8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@
M='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO
M="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\
M8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%6DI!
M0SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A
M;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY#;VYS;VQI9&%T960@4W1A=&5M
M96YT<R!/9B!/<&5R871I;VYS("A087)E;G1H971I8V%L*2`H55-$("0I/&)R
M/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R
M;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0S
M/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO
M=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,CQB
M<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V5D960@<')E
M;6EU;7,@96%R;F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`Q,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DYO;B!687)I86)L92!);G1E<F5S="!%;G1I='D@6TUE
M;6)E<ET@?"!&:6YA;F-I86P@1W5A<F%N=&5E($EN<W5R86YC92!396=M96YT
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-E
M9&5D('!R96UI=6US(&5A<FYE9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`Q,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM
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M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q
M=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R
M<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C
M/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO
M<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$
M<F5P;W)T(&ED/3-$240P15E,04<^#0H@("`@("`\='(^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^
M0V]N<V]L:61A=&5D(%-T871E;65N="!/9B!#;VUP<F5H96YS:79E($EN8V]M
M92`H3&]S<RD@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R
M=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:"!C;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^
M1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H/D1E8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^4W1A=&5M96YT(&]F($-O;7!R96AE;G-I=F4@
M26YC;VUE("A,;W-S*3PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`U-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,2PR,S0\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^56YR
M96%L:7IE9"!G86EN<R`H;&]S<V5S*2!O;B!A=F%I;&%B;&4M9F]R+7-A;&4@
M<V5C=7)I=&EE<SH@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I
M(&%R:7-I;F<@9'5R:6YG('1H92!P97)I;V0\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(U-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#(Q,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ-S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@
M9F]R(&EN8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^.#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@W-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E1O=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ-S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@Q,S<I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3`T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y296-L87-S:69I8V%T:6]N(&%D:G5S=&UE;G1S
M(&9O<B`H9V%I;G,I(&QO<W-E<R!I;F-L=61E9"!I;B!N970@:6YC;VUE("AL
M;W-S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,RD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS.3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XY/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH."D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B
M;&4M9F]R+7-A;&4@<V5C=7)I=&EE<R!W:71H(&]T:&5R+71H86XM=&5M<&]R
M87)Y(&EM<&%I<FUE;G1S.B!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R+71H86XM=&5M<&]R87)Y
M(&EM<&%I<FUE;G1S(&%N9"!U;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&%R
M:7-I;F<@9'5R:6YG('1H92!P97)I;V0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#@U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN
M8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S$I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5&]T86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4T
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XS,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4F5C;&%S<VEF:6-A=&EO;B!A9&IU<W1M96YT<R!F;W(@*&=A:6YS
M*2!L;W-S97,@:6YC;'5D960@:6X@;F5T(&EN8V]M92`H;&]S<RD\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8Y/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E
M;F5F:70I(&9O<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5&]T86P\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C0U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9O<F5I9VX@8W5R<F5N8WD@=')A
M;G-L871I;VXZ(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F]R96EG;B!C=7)R96YC>2!T<F%N<VQA=&EO
M;B!G86EN<R`H;&]S<V5S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH-#`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E;F5F:70I(&9O<B!I;F-O;64@=&%X
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$S*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-RD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E
M8VQA<W-I9FEC871I;VX@861J=7-T;65N=',@9F]R("AG86EN<RD@;&]S<V5S
M(&EN8VQU9&5D(&EN(&YE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E;F5F:70I(&9O
M<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1O=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5&]T86P@;W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#<\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-#(I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M0V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#8W-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B0@,3`X/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q+#0V-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\
M+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E
M7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O
M+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K
M<VAE971S+U-H965T,#<N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN
M9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[
M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@
M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E
M>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J
M879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES
M($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT
M86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5!641)/@T*("`@("`@/'1R
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N
M/3-$,3X\<W1R;VYG/D-O;G-O;&ED871E9"!3=&%T96UE;G0@3V8@0VAA;F=E
M<R!);B!3:&%R96AO;&1E<G,G($5Q=6ET>2`H55-$("0I/&)R/DEN($UI;&QI
M;VYS+"!E>&-E<'0@4VAA<F4@9&%T83PO<W1R;VYG/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H/E1O=&%L/&)R/E531"`H)"D\8G(^/"]T:#X-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&@^4&%R96YT(%M-96UB97)=/&)R/E531"`H
M)"D\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^0V]M;6]N(%-T
M;V-K(%M-96UB97)=/&)R/E531"`H)"D\8G(^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@^061D:71I;VYA;"!086ED($EN($-A<&ET86P@6TUE;6)E
M<ET\8G(^55-$("@D*3QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:#Y2971A:6YE9"!%87)N:6YG<R!;365M8F5R73QB<CY54T0@*"0I/&)R/CPO
M=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D%C8W5M=6QA=&5D($]T:&5R
M($-O;7!R96AE;G-I=F4@26YC;VUE("A,;W-S*2!;365M8F5R73QB<CY54T0@
M*"0I/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/E1R96%S=7)Y
M(%-T;V-K(%M-96UB97)=/&)R/E531"`H)"D\8G(^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@^4')E9F5R<F5D(%-T;V-K(%M-96UB97)=/&)R/CPO
M=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/E!R969E<G)E9"!3=&]C:R!/
M9B!3=6)S:61I87)Y($%N9"!.;VYC;VYT<F]L;&EN9R!);G1E<F5S="!;365M
M8F5R73QB<CY54T0@*"0I/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F,^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y"86QA;F-E(&%S(&]F(&%T($1E8RX@,S$L(#(P,3$\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,2PW,C,\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L-S`P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R-S4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#,L,#<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`X,#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B0@*#$W-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B0@*#(L,C<V*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R8SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)A;&%N8V4@*&EN('!R
M969E<G)E9"!S=&]C:R!S:&%R97,I(&%S(&]F(&%T($1E8RX@,S$L(#(P,3$\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,S$U/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F,^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y"86QA;F-E
M("AI;B!C;VUM;VX@<W1O8VL@<VAA<F5S*2!A<R!O9B!A="!$96,N(#,Q+"`R
M,#$Q/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-S0L.#DV+#$V
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#@Q+#<U,BPY-C8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PR,S0\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(S-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C,T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!O=&AE
M<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(S,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(S,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(S,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4VAA<F4M8F%S960@8V]M<&5N
M<V%T:6]N+"!N970@;V8@=&%X(&]F("0W.R`D-"!A;F0@)#(\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XW/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3:&%R92UB87-E9"!C;VUP
M96YS871I;VX@*&EN('-H87)E<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(L-3`X+#@W-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$Y+#0S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E(&EN(&YO;F-O;G1R;VQL
M:6YG(&EN=&5R97-T(&EN('-U8G-I9&EA<GD\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R8SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D)A;&%N8V4@87,@;V8@870@1&5C+B`S,2P@
M,C`Q,CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPQ.30\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#$W
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(W-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,L,#<V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,BPP,SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XU-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#(L,C<U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F,^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y"86QA;F-E("AI;B!P<F5F97)R
M960@<W1O8VL@<VAA<F5S*2!A<R!O9B!A="!$96,N(#,Q+"`R,#$R/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,Q-3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')C/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F%L86YC92`H:6X@
M8V]M;6]N('-T;V-K('-H87)E<RD@87,@;V8@870@1&5C+B`S,2P@,C`Q,CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C<W+#0P-2PP,SD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@X,2PW
M,S,L-3,P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3F5T(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@;W1H97(@8V]M<')E:&5N
M<VEV92!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@Q-#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,30R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$T,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-H87)E+6)A<V5D(&-O;7!E;G-A=&EO;BP@
M;F5T(&]F('1A>"!O9B`D-SL@)#0@86YD("0R/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#,V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4VAA<F4M8F%S960@8V]M<&5N<V%T
M:6]N("AI;B!S:&%R97,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT,#<L,SDQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,RPR.3(L-C0Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5')E87-U<GD@<VAA<F5S(&%C<75I<F5D
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@W*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#<I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-RD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R96%S
M=7)Y('-H87)E<R!A8W%U:7)E9"`H:6X@<VAA<F5S*3PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH-3,V+#,W-2D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R8SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)A;&%N8V4@87,@;V8@870@
M1&5C+B`S,2P@,C`Q,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,RPR.3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS+#(W.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C(W.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,L,3$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,BPR.#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@X-BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#,Q."D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')C/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F%L86YC92`H
M:6X@<')E9F5R<F5D('-T;V-K('-H87)E<RD@87,@;V8@870@1&5C+B`S,2P@
M,C`Q,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,S$U/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F,^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y"
M86QA;F-E("AI;B!C;VUM;VX@<W1O8VL@<VAA<F5S*2!A<R!O9B!A="!$96,N
M(#,Q+"`R,#$S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-S<L
M.#$R+#0S,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(W-RPX,3(L-#,P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH.#4L-38R+#4T-BD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO
M<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E1O=&%L(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE("AL;W-S*3PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`W/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`W/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3:&%R92UB
M87-E9"!C;VUP96YS871I;VXL(&YE="!O9B!T87@@;V8@)#<[("0T(&%N9"`D
M,CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#8I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3
M:&%R92UB87-E9"!C;VUP96YS871I;VX@*&EN('-H87)E<RD\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,L-30P+#,U,CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4Q,RPR-C<I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F5A
M<W5R>2!S:&%R97,@86-Q=6ER960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#,U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#,U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#,U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5')E87-U<GD@<VAA<F5S(&%C<75I<F5D("AI
M;B!S:&%R97,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S+#,S
M-"PP-S0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F,^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y"86QA;F-E(&%S(&]F(&%T($1E8RX@,S$L(#(P,30\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,RPY-3`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#,L.3(Y/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R.#$\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#,L,3(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`R+#@U.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B0@*#(L,S4Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R8SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)A;&%N8V4@*&EN('!R
M969E<G)E9"!S=&]C:R!S:&%R97,I(&%S(&]F(&%T($1E8RX@,S$L(#(P,30\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,Q-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')C
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F%L86YC
M92`H:6X@8V]M;6]N('-T;V-K('-H87)E<RD@87,@;V8@870@1&5C+B`S,2P@
M,C`Q-#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@Q+#,U,BPW
M.#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR.#$L,S4R+#<X,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#@Y+#0P.2PX.#<I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-
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M=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H
M='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL
M.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I
M<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N
M="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L
M87-S/3-$<F5P;W)T(&ED/3-$240P14E(/@T*("`@("`@/'1R/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R
M;VYG/D-O;G-O;&ED871E9"!3=&%T96UE;G0@3V8@0VAA;F=E<R!);B!3:&%R
M96AO;&1E<G,G($5Q=6ET>2`H4&%R96YT:&5T:6-A;"D@*%531"`D*3QB<CY)
M;B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T<F]N
M9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,SXQ
M,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO
M=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3(\8G(^
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-H87)E+6)A<V5D
M(&-O;7!E;G-A=&EO;BP@;F5T(&]F('1A>"!O9B`D-SL@)#0@86YD("0R/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#0\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#<\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B
M;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@
M9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T
M,V0O5V]R:W-H965T<R]3:&5E=#`Y+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M
M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X
M="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D
M/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N
M=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS
M1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO
M=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-
M"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%4%1"23X-"B`@
M("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@
M<F]W<W!A;CTS1#(^/'-T<F]N9SY#;VYS;VQI9&%T960@4W1A=&5M96YT<R!/
M9B!#87-H($9L;W=S("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O
M=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D-A<V@@9FQO=W,@9G)O;2!O<&5R871I
M;F<@86-T:79I=&EE<SH\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4')E;6EU;7,L(&9E97,@86YD(')E:6UB=7)S96UE;G1S
M(')E8V5I=F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$Y
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,3@U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`R.#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G0@:6YC;VUE(')E8V5I=F5D/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,3D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,C8\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU.30\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5R<F]R<R!A
M;F0@;VUI<W-I;VYS(&EN<W5R86YC92!R96-O=F5R:65S(')E8V5I=F5D/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F5D(&1E
M<FEV871I=F4@8V]M;75T871I;VYS(&%N9"!L;W-S97,@<&%I9#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#,R*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0U."D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T-C0I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:6YA;F-I
M86P@9W5A<F%N=&5E(&QO<W-E<R!A;F0@;&]S<R!A9&IU<W1M96YT(&5X<&5N
M<V5S('!A:60\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(T,"D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T
M-#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH.#DU*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4')O8V5E9',@9G)O;2!R96-O=F5R:65S(&%N9"!R96EN<W5R
M86YC93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPV,C$\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M-C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D]P97)A=&EN9R!A;F0@96UP;&]Y964@<F5L871E9"!E>'!E;G-E<R!P
M86ED/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R,S@I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C<W*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0P
M,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DEN=&5R97-T('!A:60L(&YE="!O9B!I;G1E<F5S="!C;VYV97)T960@
M=&\@<')I;F-I<&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M-SDI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,C(T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#0P,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN8V]M92!T87AE<R`H<&%I9"D@<F5C96EV960\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$W*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-BD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@8V%S
M:"!P<F]V:61E9"`H=7-E9"D@8GD@;W!E<F%T:6YG(&%C=&EV:71I97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,S,RD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#@R.3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L,#(W*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY#87-H(&9L;W=S(&9R;VT@:6YV97-T:6YG(&%C=&EV:71I97,Z
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!U
M<F-H87-E<R!O9B!A=F%I;&%B;&4M9F]R+7-A;&4@:6YV97-T;65N=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L-#DT*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(L,SDW*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,L,#@V
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4V%L97,@;V8@879A:6QA8FQE+69O<BUS86QE(&EN=F5S=&UE;G1S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW-3<\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#<R-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0L-C4X/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0
M87ED;W=N<R!A;F0@;6%T=7)I=&EE<R!O9B!A=F%I;&%B;&4M9F]R+7-A;&4@
M:6YV97-T;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0X
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C0U,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C8P.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4'5R8VAA<V5S(&]F(&EN=F5S=&UE;G1S(&%T(&9A:7(@=F%L
M=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#8S,2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S-S$I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S0V
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4V%L97,L('!A>61O=VYS(&%N9"!M871U<FET:65S(&]F(&EN=F5S=&UE
M;G1S(&%T(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C<X.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C4Y-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/CDV,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4V%L97,L('!A>61O=VYS(&%N9"!M871U<FET:65S
M("AP=7)C:&%S97,I(&]F('-H;W)T+71E<FT@:6YV97-T;65N=',L(&YE=#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3$U/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S4X*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<S.3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V%L
M97,L('!A>61O=VYS(&%N9"!M871U<FET:65S(&]F(&AE;&0M=&\M;6%T=7)I
M='D@:6YV97-T;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+#`Q-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4V%L97,L('!A>61O=VYS(&%N9"!M871U<FET:65S(&]F
M(&]T:&5R(&EN=F5S=&UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E!U<F-H87-E<R!O9B!L;V%N<R!R96-E:79A8FQE/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S,3`I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!A>61O=VYS(&%N
M9"!M871U<FET:65S(&]F(&QO86YS(')E8V5I=F%B;&4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,Q,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(X,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(W.#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]N<V]L:61A=&EO;B!O
M9B!V87)I86)L92!I;G1E<F5S="!E;G1I=&EE<R!I;F-L=61I;F<@8V%S:"!A
M8W%U:7)E9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(Q/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D1E8V]N<V]L:61A=&EO;B!O9B!V87)I86)L92!I;G1E<F5S="!E;G1I=&EE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-BD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U,2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/BA0
M87EM96YT<RD@<')O8V5E9',@9F]R(&1E<FEV871I=F4@<V5T=&QE;65N=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(V*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4T*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(X."D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O
M;&QA=&5R86P@*'1O*2!F<F]M('-W87`@8V]U;G1E<G!A<G1Y/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,C(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R.#4I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87!I=&%L(&5X
M<&5N9&ET=7)E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3,I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DYE="!C87-H('!R;W9I9&5D("AU<V5D*2!B>2!I;G9E<W1I;F<@
M86-T:79I=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#$R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT+#$Y-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY#87-H(&9L;W=S(&9R;VT@9FEN86YC:6YG(&%C
M=&EV:71I97,Z/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E!R;V-E961S(&9R;VT@:6YV97-T;65N="!A9W)E96UE;G1S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R:6YC:7!A
M;"!P87ED;W=N<R!O9B!I;G9E<W1M96YT(&%G<F5E;65N=',\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#$Y,BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R.#4I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-C@X*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')I;F-I<&%L
M('!A>61O=VYS(&]F(&UE9&EU;2UT97)M(&YO=&5S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@Q-C@I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,3DW*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$P,BD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R:6YC:7!A;"!P87ED
M;W=N<R!O9B!V87)I86)L92!I;G1E<F5S="!E;G1I='D@;F]T97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#8P.2D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q+#$Q,BD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q+#(R.2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R
M;V-E961S(&9R;VT@:7-S=6%N8V4@;V8@=F%R:6%B;&4@:6YT97)E<W0@96YT
M:71Y(&YO=&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW.3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y087EM96YT<R!F;W(@<V5C=7)I=&EE<R!S;VQD('5N9&5R(&%G<F5E;65N
M=',@=&\@<F5P=7)C:&%S93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@R.#<I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y087EM96YT<R!F;W(@<F5T:7)E;65N="!O9B!D96)T/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,RD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U-#`I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0=7)C:&%S
M97,@;V8@=')E87-U<GD@<W1O8VL\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#,R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y#:&%N9V4@:6X@;F]N8V]N=')O;&QI;F<@:6YT97)E
M<W0@86YD("AP=7)C:&%S92DO<F5D96UP=&EO;B!O9B!S=6)S:61I87)Y('!R
M969E<G)E9"!S=&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4F5S=')I8W1E9"!S=&]C:R!A=V%R9',@<V5T=&QE;65N=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!C87-H('!R
M;W9I9&5D("AU<V5D*2!B>2!F:6YA;F-I;F<@86-T:79I=&EE<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.#DR*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L-38V*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(L.#$Q*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^169F
M96-T(&]F(&5X8VAA;F=E(')A=&4@8VAA;F=E<R!O;B!C87-H(&%N9"!C87-H
M(&5Q=6EV86QE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@X
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DYE="!I;F-R96%S92`H9&5C<F5A<V4I(&EN(&-A<V@@86YD(&-A
M<V@@97%U:79A;&5N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#0R,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR-C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XS-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-A<V@@86YD(&-A<V@@97%U:79A;&5N=',@+2!B96=I
M;FYI;F<@;V8@>65A<CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,2PR-3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XY.3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XV,S,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E)E8VQA<W-I9FEC871I;VX@=&\@87-S971S(&AE;&0@
M9F]R('-A;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4U*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y#87-H(&%N9"!C87-H(&5Q=6EV86QE;G1S("T@96YD(&]F('EE87(\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<X,CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C4X/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3DP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/E)E8V]N8VEL:6%T:6]N(&]F(&YE="!I;F-O;64@*&QO<W,I('1O(&YE
M="!C87-H('!R;W9I9&5D("AU<V5D*2!B>2!O<&5R871I;F<@86-T:79I=&EE
M<SH@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-38Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,S0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^0VAA;F=E(&EN
M.B!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E!R96UI=6US(')E8V5I=F%B;&4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$S.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$W-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$U,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5F97)R960@86-Q=6ES:71I
M;VX@8V]S=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#,\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^56YE87)N960@<')E;6EU;2!R979E;G5E/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@T,3(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH-3`V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#8P,"D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@86YD(&QO<W,@861J
M=7-T;65N="!E>'!E;G-E(')E<V5R=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Q,S,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,C$V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@;&]S<R!R96-O=F5R
M86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPV,S<\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@V
M,#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y!8V-R=65D(&EN=&5R97-T('!A>6%B;&4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$P-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$P-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!8V-R=65D(&5X<&5N<V5S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S-BD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(S*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&EN
M=F5S=&UE;G0@;&]S<V5S(')E;&%T960@=&\@;W1H97(M=&AA;BUT96UP;W)A
M<GD@:6UP86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$P-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F5A;&EZ960@*&=A:6YS*2!L;W-S97,@86YD(&]T:&5R('-E
M='1L96UE;G1S(&]N(&EN<W5R960@9&5R:79A=&EV97,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@*&=A:6YS*2!L
M;W-S97,@;VX@:6YS=7)E9"!D97)I=F%T:79E<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH.3`S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$L-S<W*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L.#<P*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T("AG86EN<RD@
M;&]S<V5S(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A;'5E
M(&%N9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@Q,C@I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,C0T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#<S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(@;F5T(')E86QI>F5D("AG86EN
M<RD@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#<I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y$969E<G)E9"!I;F-O;64@=&%X('!R;W9I<VEO;B`H8F5N969I="D\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34W/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S8U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XH1V%I
M;G,I(&QO<W-E<R!O;B!E>'1I;F=U:7-H;65N="!O9B!D96)T/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-C$I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#DI/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<F5S="!O;B!V
M87)I86)L92!I;G1E<F5S="!E;G1I=&EE<RP@;F5T/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XW-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/CDP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,30P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!O<&5R871I;F<\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S.#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L
M(&%D:G5S=&UE;G1S('1O(&YE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@Y,#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PU-SD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#(V,2D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@8V%S
M:"!P<F]V:61E9"`H=7-E9"D@8GD@;W!E<F%T:6YG(&%C=&EV:71I97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^)"`H,S,S*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,2PX,CD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B0@*#$L
M,#(W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A
M8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT
M+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T
M7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,3`N:'1M;`T*0V]N=&5N
M="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N
M="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M
M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M
M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C
M<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@
M1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^
M#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$
M,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L
M<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY"=7-I;F5S<R!$979E;&]P
M;65N=',@86YD(%)I<VMS(&%N9"!5;F-E<G1A:6YT:65S/&)R/CPO<W1R;VYG
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/C$R
M($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E1E>'0@0FQO
M8VL@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y"=7-I;F5S<R!$979E;&]P;65N=',@86YD(%)I<VMS(&%N
M9"!5;F-E<G1A:6YT:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M,'!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F=#HP<'0[)R`^
M3F]T92`Q.B!"=7-I;F5S<R!$979E;&]P;65N=',@86YD(%)I<VMS(&%N9"!5
M;F-E<G1A:6YT:65S/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.C$S<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE
M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[
M9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/E-U;6UA<GD\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DU"24$@26YC+BP@=&]G
M971H97(@=VET:"!I=',@8V]N<V]L:61A=&5D('-U8G-I9&EA<FEE<RP@*&-O
M;&QE8W1I=F5L>2P@)B,X,C(P.TU"24$F(S@R,C$[(&]R('1H92`F(S@R,C`[
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M,#M5+E,N)B,X,C(Q.RD@<'5B;&EC(&9I;F%N8V4@:6YS=7)A;F-E.R`R*2!I
M;G1E<FYA=&EO;F%L(&%N9"!S=')U8W1U<F5D(&9I;F%N8V4@:6YS=7)A;F-E
M.R`S*2!C;W)P;W)A=&4[(#0I(&%D=FES;W)Y('-E<G9I8V5S.R!A;F0@-2D@
M8V]N9'5I="X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA<FEE<R`H)B,X,C(P.TYA=&EO
M;F%L)B,X,C(Q.RDL(&ET<R!I;G1E<FYA=&EO;F%L(&%N9"!S=')U8W1U<F5D
M(&9I;F%N8V4@:6YS=7)A;F-E(&)U<VEN97-S(&ES('!R:6UA<FEL>2!O<&5R
M871E9"!T:')O=6=H($U"24$@26YS=7)A;F-E($-O<G!O<F%T:6]N(&%N9"!I
M=',@<W5B<VED:6%R:65S("@F(S@R,C`[34))02`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/D-O<G`N)B,X,C(Q.RDL(&%N9"!I=',@87-S970@;6%N86=E;65N
M="!A;F0@861V:7-O<GD@<V5R=FEC97,@8G5S:6YE<W,@=V%S(&]P97)A=&5D
M('1H<F]U9V@@0W5T=V%T97(@2&]L9&EN9W,L($Q,0R!A;F0@:71S('-U8G-I
M9&EA<FEE<R`H)B,X,C(P.T-U='=A=&5R)B,X,C(Q.RDN(%5N;&5S<R!O=&AE
M<G=I<V4@:6YD:6-A=&5D(&]R('1H92!C;VYT97AT(&]T:&5R=VES92!R97%U
M:7)E<RP@<F5F97)E;F-E<R!T;R`F(S@R,C`[34))02!#;W)P+B8C.#(R,3L@
M87)E('1O($U"24$@26YS=7)A;F-E($,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F]R<&]R871I;VXL('1O9V5T:&5R('=I=&@@:71S('-U8G-I9&EA<FEE<RP@
M34))02!52R!);G-U<F%N8V4@3&EM:71E9"`H)B,X,C(P.TU"24$@54LF(S@R
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M=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M;'-O(&1U<FEN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92!F;W5R=&@@
M<75A<G1E<B!O9B`R,#$T+"!T:&4@0V]M<&%N>2!E;G1E<F5D(&EN=&\@86X@
M86=R965M96YT('1O('-E;&P@0W5T=V%T97(@=&\@82!S=6)S:61I87)Y(&]F
M(%1H92!"86YK(&]F($YE=R!9;W)K($UE;&QO;B!#;W)P;W)A=&EO;BX@5&AI
M<R!T<F%N<V%C=&EO;BP@=VAI8V@@=V%S(&5F9F5C=&EV92!*86YU87)Y(#$L
M(#(P,34L(&AA9"!A('!O<VET:79E(&)U="`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FEM;6%T97)I86P@:6UP86-T(&]N('1H92!#;VUP86YY)B,X,C$W.W,@
M9FEN86YC:6%L('!O<VET:6]N(&%N9"!R97-U;'1S(&]F(&]P97)A=&EO;G,N
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^169F96-T:79E(&EN('1H92!F;W5R
M=&@@<75A<G1E<B!O9B`R,#$T+"!T:&4@0V]M<&%N>28C.#(Q-SMS('!R979I
M;W5S;'D@<F5P;W)T960@87-S970O;&EA8FEL:71Y('!R;V1U8W1S('-E9VUE
M;G0@86YD(&ET<R!C;W)P;W)A=&4@<V5G;65N="!A<F4@;6%N86=E9"!A;F0@
M<F5P;W)T960@87,@;VYE(&]P97)A=&EN9SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^('-E9VUE;G0@<F5F97)R960@=&\@87,@=&AE(&-O<G!O<F%T92!S96=M
M96YT+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E)E9F5R('1O("8C.#(R,#L\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DYO=&4@,3(Z($)U<VEN97-S(%-E9VUE
M;G1S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[(&9O<B!F=7)T:&5R
M(&EN9F]R;6%T:6]N(&%B;W5T('1H92!#;VUP86YY)B,X,C$W.W,@;W!E<F%T
M:6YG('-E9VUE;G1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O
M;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/D)U<VEN
M97-S($1E=F5L;W!M96YT<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M<R!R871E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%!*R!W:71H(&$@<W1A
M8FQE(&]U=&QO;VL@8GD@2W)O;&P@0F]N9"!2871I;F<@06=E;F-Y+"!!03PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+2!W:71H(&$@<W1A8FQE(&\\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G5T;&]O:SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&)Y(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^4W1A;F1A<F0F(S$V,#LF86UP
M.R!0;V]R)B,X,C$W.W,@1FEN86YC:6%L(%-E<G9I8V5S($Q,0R`H)B,X,C(P
M.U,F86UP.U`F(S@R,C$[*3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!A;F0@
M03,@=VET:"!A(&YE9V%T:79E(&]U=&QO;VL@8GD@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y-;V]D>28C.#(Q-SMS($EN=F5S=&]R<R!397)V:6-E+"!);F,N
M("@F(S@R,C`[36]O9'DF(S@R,3<[<R8C.#(R,3LI/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XN(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M)R`^:71I;VYS(&%N9"!T:&4@8V]M<&5T:71I=F4@;&%N9'-C87!E(&UA>2!L
M:6UI="!.871I;VYA;"8C.#(Q-SMS(&YE=R!B=7-I;F5S<R!O<'!O<G1U;FET
M:65S(&%N9"!I=',@86)I;&ET:65S('1O('!R:6-E(&%N9"!U;F1E<G=R:71E
M(')I<VL@=VET:"!A='1R86-T:79E(')E='5R;G,N)B,Q-C`[4F5F97(@=&\@
M)B,X,C(P.U)I<VMS(&%N9"!5;F-E<G1A:6YT:65S)B,X,C(Q.R!B96QO=R!F
M;W(@82!D:7-C=7-S:6]N(&]F(&)U<VEN97-S(')I<VMS(')E;&%T960@=&\@
M3F%T:6]N86PF(S@R,3<[<R!I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN<W5R
M960@<&]R=&9O;&EO+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A
M;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y-0DE!($-O<G`N(%)I<VL@4F5D=6-T
M:6]N<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^1'5R:6YG(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+"!T:&4@0V]M<&%N>2!C;VYT:6YU960@=&\@9F]C=7,@;VX@=&AE(&-O
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M.R<@/F%N8V4@<&]L:6-I97,N($1U<FEN9R`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@34))02!#;W)P+B!C
M;VUM=71E9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XW+C$\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!B:6QL:6]N(&]F(&=R;W-S('!A<B!E>'!O<W5R92P@
M<')I;6%R:6QY(&-O;7!R:7-I;F<@<W1R=6-T=7)E9"!C;VUM97)C:6%L(&UO
M<G1G86=E+6)A8VME9"!S96-U<FET:65S("@F(S@R,C`[0TU"4R8C.#(R,3LI
M('!O;VQS+"!I;G9E<W1M96YT(&=R861E(&-O<G!O<F%T92!C;VQL871E<F%L
M:7IE9"!D96)T(&]B;&EG871I;VYS("@F(S@R,C`[0T1/<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^)B,X,C(Q.RDL('-M86QL(&)U<VEN97-S('-E8W5R:71I
M>F%T:6]N<RP@8V]M;65R8VEA;"!R96%L(&5S=&%T92`H)B,X,C(P.T-2128C
M.#(R,3LI($-$3W,@86YD(&%S<V5T+6)A8VME9"!S96-U<FET:65S("@F(S@R
M,C`[04)3)B,X,C(Q.RD@0T1/<RX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$
M=7)I;F<@,C`Q,RP@34))02!#;W)P+B!C;VUM=71E9"`D/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XR,"XP(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8FEL;&EO
M;B!O9B!G<F]S<R!P87(@97AP;W-U<F4L(&EN8VQU9&EN9R`D/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XW+C0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!B:6QL
M:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XT+C(\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!B:6QL:6]N(&-O;6UU=&5D('=I=&@@0F%N:R!O9B!!
M;65R:6-A(&%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(%-O8VEE=&4@1V5N
M97)A;&4L(')E<W!E8W1I=F5L>2P@<')I;6%R:6QY(&-O;7!R:7-I;F<@<W1R
M=6-T=7)E9"!#34)3('!O;VQS+"!I;G9E<W1M96YT(&=R861E($-$3W,L($%"
M4R!#1$]S+"!F:7)S="UL:65N(')E<VED96YT:6%L(&UO<G1G86=E+6)A8VME
M9"!S96-U<FET:65S("@F(S@R,C`[4DU"4R8C.#(R,3LI+"!H:6=H('EI96QD
M(&-O<G!O<F%T92!#1$]S+"!#4D4@0T1/<R!A;F0@<W1R=6-T=7)E9"!I;G-U
M<F%N8V4@<V5C=7)I=&EE<RX@1'5R:6YG(#(P,3(L/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#X@34))02!#;W)P+B!C;VUM=71E9"`D/"]F;VYT/CQF;VYT('-T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y-0DE!($-O<G`N(&UA>2!M
M86ME(&YE9V]T:6%T960@<V5T=&QE;65N="!P87EM96YT<R!T;R!C;W5N=&5R
M<&%R=&EE<R!A;F0O;W(@9F]R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE9V\@
M:71S(')I9VAT('1O(&%L;"!O<B!S;VUE('1E<FUI;F%T:6]N('!R96UI=6US
M('=H96X@:70@8V]M;75T97,@:6YS=7)A;F-E(&5X<&]S=7)E<RX@5&AE(&1I
M9F9E<F5N8V4@8F5T=V5E;B!T:&4@9F%I<B!V86QU97,@;V8@=&AE($-O;7!A
M;GDF(S@R,3<[<R!D97)I=F%T:79E(&QI86)I;&ET:65S(&9O<B!T:&4@8V]M
M;75T960@<&]L:6-I97,@86YD('1H92!A9V=R96=A=&4@8V]S="!O9B!T:&4@
M8V]M;75T871I;VX@:7,@<F5F;&5C=&5D(&EN(&5A<FYI/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YN9W,N(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z
M:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y(96QD($9O<B!386QE($-L87-S
M:69I8V%T:6]N<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[=&5X="UD96-O<F%T:6]N.G5N
M9&5R;&EN93MM87)G:6XM;&5F=#HP<'0[)R`^07)M;VYK+"!.97<@66]R:R!&
M86-I;&ET>3PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@=&AE
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M)R`^;F0@,C`Q,R!A;F0@<')E<V5N=&5D('=I=&AI;B`F(S@R,C`[07-S971S
M(&AE;&0@9F]R('-A;&4F(S@R,C$[(&]N('1H92!#;VUP86YY)B,X,C$W.W,@
M8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S(&%N9"!M96%S=7)E9"!A="!T
M:&4@;&]W97(@;V8@:71S(&-A<G)Y:6YG('9A;'5E(&]R(&9A:7(@=F%L=64@
M;&5S<R!C;W-T('1O('-E;&PN(%1H92!#;VUP86YY(&YO(&QO;F=E<B!R96-O
M9VYI>F5S(&1E<')E8VEA=&EO;B!E>'!E;G-E(&]N('1H92!F86-I;&ET>2!W
M:&EL92!C;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87-S:69I960@87,@:&5L
M9"!F;W(@<V%L92X@1'5R:6YG(#(P,30@86YD(#(P,3,L('1H92!#;VUP86YY
M(')E8V]R9&5D(&EM<&%I<FUE;G0@8VAA<F=E<R!O9B`D/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!A
M;F0@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,CD\+V9O;G0^/&9O;G0@<W1Y
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M=&5M96YT<R!O9B!O<&5R871I;VYS+B!!;'-O+"!D=7)I;F<@,C`Q-"P@=&AE
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M<F%T:6]N.G5N9&5R;&EN93MM87)G:6XM;&5F=#HP<'0[)R`^4V%L92!O9B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.W1E>'0M9&5C;W)A=&EO;CIU;F1E<FQI;F4[
M)R`^0W5T=V%T97(@0G5S:6YE<W,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ.7!T
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M:&5L9"!F;W(@<V%L92!A<R!O9B!$96-E;6)E<B`S,2P@,C`Q-"!A;F0@<')E
M<V5N=&5D('=I=&AI;B`F(S@R,C`[07-S971S(&AE;&0@9F]R('-A;&4F(S@R
M,C$[(&%N9"`F(S@R,C`[3&EA8FEL:71I97,@:&5L9"!F;W(@<V%L928C.#(R
M,3L@;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI9&%T960@8F%L86YC
M92!S:&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5T(&%N9"!M96%S=7)E9"!A
M="!T:&4@;&]W97(@;V8@:71S(&-A<G)Y:6YG('9A;'5E(&]R(&9A:7(@=F%L
M=64@;&5S<R!C;W-T('1O('-E;&PN("`\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ
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M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C`Q,SH\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VQI;F4M:&5I9VAT
M.C$R<'0[(#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M
M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<R!O9B!$
M96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR.30N-S5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.30N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8X+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV."XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW,G!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR.30N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.30N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07-S
M971S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
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M9'1H.C(W."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M26YV97-T;65N=',@8V%R<FEE9"!A="!F86ER('9A;'5E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,38N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR-S@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D-A<V@@86YD(&-A<V@@97%U:79A;&5N=',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&86-I;&ET
M>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,"XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/
M=&AE<B!A<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,"XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT
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M:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
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M(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A=&5D('9A<FEA8FQE(&EN
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:61T:#HR-C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,#PO9F]N=#X\+W1D/CQT9"!S='EL
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M=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-C(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V,BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N<R!R96-E:79A8FQE(&%T(&9A:7(@
M=F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,"XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S$Q/"]F;VYT/CPO=&0^
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,38N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V,BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8R+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^("`@("!4;W1A;"!A<W-E=',@:&5L9"!F;W(@<V%L93PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8P+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^.#`R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8R
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C`N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M-"XU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET
M:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
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M8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!L:6%B:6QI=&EE<R`\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR-S@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-S@N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S(&]F(&-O;G-O;&ED
M871E9"!V87)I86)L92!I;G1E<F5S="!E;G1I=&EE<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@
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M<CHC,#`P,#`P.R<@/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N;W1E<SPO
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M8V]L;W(Z(S`P,#`P,#LG(#XT,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M;&]R.D)L86-K.VUI;BUW:61T:#HR-C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^4&%Y86)L92!F;W(@;&]A;G,@<'5R8VAA<V5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-C`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,R,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-C(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(V,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`@("`@5&]T86P@;&EA
M8FEL:71I97,@:&5L9"!F;W(@<V%L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S<R/"]F;VYT
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL
M93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T
M=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GDF(S@R,3<[<R!F:6YA;F-I
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M92!P97)I;V1S+B`@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
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M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I
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M<R!S=')E<W,@:7,@=6YC97)T86EN+B`@/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M
M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US
M='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/DU"24$@0V]R<"X@4F5C
M;W9E<FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@
M/F5S(&%N9"!);G-U<F5D(%!O<G1F;VQI;R`\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T
M;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^5&AE(&%M;W5N="!A;F0@=&EM:6YG(&]F('!R;VIE
M8W1E9"!C;VQL96-T:6]N<R!F<F]M(&5X8V5S<R!S<')E860@9G)O;2!S96,\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]N9"UL:65N(%)-0E,@86YD('1H92!P
M=70M8F%C:R!R96-O=F5R86)L92!F<F]M($-R961I="!3=6ES<V4@4V5C=7)I
M=&EE<R`H55-!*2!,3$,L($1,2B!-;W)T9V%G92!#87!I=&%L+"!);F,N+"!A
M;F0@4V5L96-T(%!O<G1F;VQI;R!397)V:6-I;F<@26YC+B`H8V]L;&5C=&EV
M96QY+"`F(S@R,C`[0W)E9&ET(%-U:7-S928C.#(R,3LI(&%N9"!T:&4@<&]T
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M(&9O<F5C87-T<R!F;W(@34))02!#;W)P+BP@=VAI8V@@:6YC;'5D92`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F5X<&5C=&5D('!U="UB86-K(')E8V]V97)I
M97,@9G)O;2!#<F5D:70@4W5I<W-E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;F0@97AC97-S('-P<F5A9"!R96-O
M=F5R:65S+"!R969L96-T(&%D97%U871E(')E<V]U<F-E<R!T;R!P87D@8VQA
M:6US('=H96X@9'5E+B!(;W=E=F5R+"!I9B!-0DE!($-O<G`N(&5X<&5R:65N
M8V5S(&AI9VAE<B!T:&%N(&5X<&5C=&5D(&-L86EM('!A>6UE;G1S(&]R(&ES
M('5N86)L92!T;R!T97)M:6YA=&4@=&AE(')E;6%I;FEN9R!E>'!O<W5R97,@
M=&AA="!R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE<')E<V5N="!S=6)S=&%N
M=&EA;"!R:7-K('1O('1H92!#;VUP86YY+"!-0DE!($-O<G`N(&UA>2!U;'1I
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M.C$P<'0[)R`^;F]T(&)E;&EE=F4@=&AA="!A(')E:&%B:6QI=&%T:6]N(&]R
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M:7IE.C$P<'0[)R`^(%-U8V@@82!P<F]C965D:6YG(&-O=6QD(&AA=F4@;6%T
M97)I86P@861V97)S92!C;VYS97%U96YC97,@9F]R($U"24$@0V]R<"XL(&EN
M8VQU9&EN9R!T:&4@=&5R;6EN871I;VX@;V8@:6YS=7)E9"!C<F5D:70@9&5F
M875L="!S=V%P<R`H)B,X,C(P.T-$4R8C.#(R,3LI(&-O;G1R86-T<R!F;W(@
M=VAI8V@@8V]U;G1E<G!A<G1I97,@;6%Y(&%S<V5R="!M87)K970M8F%S960@
M8VQA:6US+"!T:&4@83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V-E;&5R871I
M;VX@;V8@9&5B="!O8FQI9V%T:6]N<R!I<W-U960@8GD@869F:6QI871E<R!A
M;F0@:6YS=7)E9"!B>2!-0DE!($-O<G`N+"!T:&4@;&]S<R!O9B!C;VYT<F]L
M(&]F($U"24$@26YS=7)A;F-E($-O<G!O<F%T:6]N('1O(&$@<F5H86)I;&ET
M871O<B!O<B!L:7%U:61A=&]R+"!A;F0@=6YP;&%N;F5D(&-O<W1S+CPO9F]N
M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP
M<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y2969E<B!T;R`F(S@R,C`[
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y.;W1E(#8Z($QO<W,@86YD($QO<W,@
M061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XF(S@R,C$[(&9O<B!I;F9O<FUA=&EO;B!A8F]U="!-0DE!($-O<G`N
M)B,X,C$W.W,@;&]S<R!R97-E<G9E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&%N9"!R96-O=F5R:65S+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET
M86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^0V]R<&]R871E($QI<75I9&ET>2`\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%S(&]F(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE
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M="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(')E<W!E8W1I=F5L>2X@1'5R:6YG
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/C(R,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@
M=V%S(')E;&5A<V5D('1O($U"24$@26YC+B!U;F1E<B!T:&4@34))02!G<F]U
M<"8C.#(Q-SMS('1A>"!S:&%R:6YG(&%G<F5E;65N="`H=&AE("8C.#(R,#M4
M87@@17-C<F]W($%C8V]U;G0F(S@R,C$[*2!A;F0@3F%T:6]N86P@9&5C;&%R
M960@86YD('!A:60@82!D:79I9&5N9"!O9B`D,C(P(&UI;&QI;VX@=&\@:71S
M('5L=&EM871E('!A<F5N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!-0DE!
M($EN8RX@4W5B<V5Q=65N="!T;R!$96-E;6)E<B`S,2P@,C`Q-"P@86X@861D
M:71I;VYA;"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&1U92!T;R!T:&4@5&%X($5S8W)O=R!!8V-O=6YT(')E;&5A<V4@
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M=7)E9"!B>2!-0DE!($-O<G`N(&-O=6QD(')E<W5L="!I;B!C;&%I;7,@;VX@
M34))02!#;W)P+CPO9F]N=#X\+W`^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M
M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B
M-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E
M=',O4VAE970Q,2YH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q
M=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA
M<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\3454
M02!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H
M=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S
M8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M
M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE
M(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14U%/@T*("`@("`@/'1R/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\
M<W1R;VYG/E-I9VYI9FEC86YT($%C8V]U;G1I;F<@4&]L:6-I97,\8G(^/"]S
M=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS
M1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5&5X
M="!";&]C:R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E-I9VYI9FEC86YT($%C8V]U;G1I;F<@4&]L:6-I
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN
M+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V9O;G0M=V5I9VAT.F)O;&0[;6%R9VEN+6QE9G0Z,'!T.R<@/DYO=&4@,CH@
M4VEG;FEF:6-A;G0@06-C;W5N=&EN9R!0;VQI8VEE<SPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G
M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE
M9G0Z,'!T.R<@/D)A<VES(&]F(%!R97-E;G1A=&EO;CPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G
M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@8V]N<V]L:61A=&5D(&9I;F%N8VEA
M;"!S=&%T96UE;G1S(&AA=F4@8F5E;B!P<F5P87)E9"`\+V9O;G0^/&9O;G0@
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M05`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B8C.#(R,3LI/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XN(%1H92!P<F5P87)A=&EO;B!O9B!F:6YA;F-I86P@<W1A
M=&5M96YT<R!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-O;F9O<FUI='D@
M=VET:"!'04%0(')E<75I<F5S(&UA;F%G96UE;G0@=&\@;6%K92!E<W1I;6%T
M97,@86YD(&%S<W5M<'1I;VYS('1H870@869F96-T('1H92!R97!O<G1E9"!A
M;6]U;G1S(&]F(&%S<V5T<R!A;F0@;&EA8FEL:71I97,@86YD(&1I<V-L;W-U
M<F5S(&]F(&-O;G1I;F=E;G0@87-S971S(&%N9"!L:6%B:6QI=&EE<R!A="!T
M:&4@9&%T92!O9B!T:&4@9FEN86YC:6%L('-T871E;65N=',L(&%N9"!T:&4@
M<F5P;W)T960@86UO=6YT<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T
M.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G
M:6XM;&5F=#HP<'0[)R`^0V\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I
M9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^;G-O;&ED871I;VX\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&-O;G-O;&ED871E
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^871E9"X@5&AE($-O;7!A;GD@
M9&5T97)M:6YE<R!W:&5T:&5R(&ET(&AA<R!A(&-O;G1R;VQL:6YG(&9I;F%N
M8VEA;"!I;G1E<F5S="!I;B!A;B!E;G1I='D@8GD@9FER<W0@979A;'5A=&EN
M9R!W:&5T:&5R(&%N(&5N=&ET>2!I<R!A('9O=&EN9R!I;G1E<F5S="!E;G1I
M='D@;W(@82`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G9A<FEA8FQE(&EN=&5R
M97-T(&5N=&ET>2`H)B,X,C(P.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5DE%
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[*3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5F]T
M:6YG(&EN=&5R97-T(&5N=&ET:65S(&%R92!E;G1I=&EE<R!I;B!W:&EC:"`H
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M=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M;W)M86YC92!A;F0@*&(I)B,Q-C`[=&AE(&]B;&EG871I;VX@=&\@86)S;W)B
M(&QO<W-E<R!O<B!T:&4@<FEG:'0@=&\@<F5C96EV92!B96YE9FET<R!O9B!T
M:&4@5DE%('1H870@8V]U;&0@<&]T93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M)R`^;W(@861D:71I;VYA;"!I;F9O<FUA=&EO;BX\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B!4/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH92!#;VUP86YY(&5L
M96-T960@=&\@87!P;'D@=&AE(&9A:7(@=F%L=64@;W!T:6]N('1O(&%L;"!F
M:6YA;F-I86P@87-S971S(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F9I
M;F%N8VEA;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQI86)I;&ET:65S(&]F
M(&-E<G1A:6X@8V]N<V]L:61A=&5D(%9)17,@;VX@82!6244M8GDM5DE%(&)A
M<VES+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;&EN
M92UH96EG:'0Z,3)P=#L@/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N
M="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN=F5S=&UE;G1S
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>2!C
M;&%S<VEF:65S(&ET<R!I;G9E<W1M96YT<R!A<R`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F%V86EL86)L92UF;W(M<V%L92`H)B,X,C(P.SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^0493)B,X,C(Q.RD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/BP@:&5L9"UT;RUM871U<FET>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^("@F
M(S@R,C`[2%1-)B,X,C(Q.RD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@;W(@
M=')A9&EN9RX@03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1E,\+V9O;G0^/&9O
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M;75L871E9"!O=&AE<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RD\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B@F
M(S@R,C`[04]#228C.#(R,3LI(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X@
M<VAA<F5H;VQD97)S)B,X,C$W.R!E<75I='DN($EN=F5S=&UE;G1S(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8V%R<FEE9"!A="!F86ER('9A;'5E(&%R92!R
M97!O<G1E9"!I;B!T:&4@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE970@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YA="!F86ER('9A;'5E(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86YD(&-H86YG97,@/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M.R<@/B`F(S@R,C`[3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I
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M)R`^86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V]N<VES="!O9B!D96)T
M('-E8W5R:71I97,@:&5L9"!I;B!P;W)T9F]L:6]S('1H870@87)E(&%C=&EV
M96QY(&UA;F%G960@86YD(&%R92!S=6)J96-T('1O(&9R97%U96YT(&)U>6EN
M9R!A;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!S96QL:6YG+CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^4VAO<G0M
M=&5R;2!I;G9E<W1M96YT<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAE;&0@
M87,@0493(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YC;'5D92!A;&P@9FEX
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^965T<R!A
M="!A;6]R=&EZ960@8V]S="X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YE8G0@<V5C=7)I=&EE<R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F%R92!C;&%S<VEF:65D(&%S($A432!I;G9E<W1M96YT
M<R!W:&5N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE($-O;7!A;GD@:&%S
M('1H92!A8FEL:71Y(&%N9"!I;G1E;G0@=&\@:&]L9"!S=6-H(&EN=F5S=&UE
M;G1S('1O(&UA='5R:71Y+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^26YV97-T;65N="!I;F-O;64@:7,@<F5C;W)D
M960@87,@96%R;F5D+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^0F]N9"!D:7-C;W5N=',@86YD('!R96UI=6US(&%R
M92!A;6]R=&EZ960@=7-I;F<@=&AE(&5F9F5C=&D\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G9E('EI96QD(&UE=&AO9"!O=F5R('1H92!R96UA:6YI;F<@=&5R
M;2!O9B!T:&4@<V5C=7)I=&EE<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N
M9"!R97!O<G1E9"!I;B`F(S@R,C`[3F5T(&EN=F5S=&UE;G0@:6YC;VUE+B8C
M.#(R,3L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!&;W(@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YM;W)T9V%G92UB86-K960@<V5C=7)I=&EE<R`H)B,X,C(P
M.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34)3/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XF(S@R,C$[*3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!!0E,\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B!D:7-C;W5N=',@86YD('!R96UI=6US(&%R92`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F%M;W)T:7IE9"!U<VEN9R!T:&4@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YR971R;W-P96-T:79E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;65T
M:&]D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^4F5A;&EZ960@9V%I;G,@86YD(&QO<W-E<R!R97!R97-E;G0@=&AE
M(&1I9F9E<F5N8V4@8F5T=V5E;B!T:&4@86UO<G1I>F5D(&-O<W0@=F%L=64@
M86YD('1H92!S86QE('!R;V-E961S+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VQI;F4M:&5I9VAT.C$R<'0[(#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;&EN92UH96EG:'0Z,3)P=#L@/CPO<#X\
M<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N
M-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@
M/D]T:&5R+51H86XM5&5M<&]R87)Y($EM<&%I<FUE;G1S(&]N($EN=F5S=&UE
M;G0@4V5C=7)I=&EE<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE
M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M.C$P<'0[)R`^0493/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<V5C=7)I=&EE
M<RP@=&AE(')E;6%I;FEN9R!F86ER('9A;'5E(&QO<W,@:7,@<F5C;V=N:7IE
M9"!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%/0TD\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/BP@;F5T(&]F(&%P<&QI8V%B;&4@9&5F97)R960@:6YC;VUE
M('1A>&5S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O
M;7!A;GDF(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%&4SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/DA433PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('-E8W5R:71I97,@9F]R('=H
M:6-H('1H92!F86ER('9A;'5E(&ES(&QE<W,@=&AA;B!A;6]R=&EZ960@8V]S
M="!A<F4@<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^979I97=E9"!N;R!L97-S
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&9A8W1O
M<G,L(&EN8VQU9&EN9R!B=70@;F]T(&QI;6ET960@=&\@*&$I)B,Q-C`[=&AE
M(&UA9VYI='5D92!A;F0@9'5R871I;VX@;V8@=&AE(&1E8VQI;F4L("AB*28C
M,38P.V-R961I="!I;F1I8V%T;W)S(&%N9"8C,38P.W1H92!R96%S;VYS(&9O
M<B!T:&4@9&5C;&EN92P@<W5C:"!A<R!G96YE<F%L(&EN=&5R97-T(')A=&4@
M;W(@8W)E9&ET('-P<F5A9"!M;W9E;65N=',L(&-R961I="!R871I;F<@9&]W
M;F=R861E<RP@:7-S=65R+7-P96-I9FEC(&-H86YG97,@:6X@8W)E9#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:70@<W!R96%D<RP@86YD('1H92!F:6YA;F-I
M86P@8V]N9&ET:6]N(&]F('1H92!I<W-U97(L(&%N9"`H8RDF(S$V,#MA;GD@
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M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
M<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM
M;&5F=#HP<'0[)R`^0V%S:"P@0V%S:"!%<75I=F%L96YT<R!A;F0@0V]L;&%T
M97)A;#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y#87-H(&%N
M9"!C87-H(&5Q=6EV86QE;G1S(&EN8VQU9&4@8V%S:"!O;B!H86YD/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XL(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&5M
M86YD(&1E<&]S:71S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL(&%N9"!D97!O
M<VET<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M;VYT+7-I>F4Z,3!P=#LG(#YA8W%U:7-I=&EO;B!C;W-T<R`\+V9O;G0^/&9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!A;B!I;G-U<F%N
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8W1I;VX@=VET:"!A<W-U
M;6EN9R!B=7-I;F5S<R!F<F]M(&]T:&5R(&9I;F%N8VEA;"!G=6%R86YT;W)S
M+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&]W;F5D(&)Y(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=&AE($-O;7!A;GD\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/BX@06QL('!R;W!E<G1Y(&%N9"!E<75I<&UE;G0@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YH96QD(&9O<B!U<V4@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YI<R!R96-O<F1E9"!A="!C;W-T(&%N9"P@97AC97!T(&9O<B!L86YD
M+"!I<R!D97!R96-I871E9"!O=F5R('1H92!A<'!R;W!R:6%T92!U<V5F=6P@
M;&EF92!O9B!T:&4@87-S970@=7-I;F<@=&AE('-T<F%I9VAT+6QI;F4@;65T
M:&]D+B!,96%S96AO;&0@:6UP<F]V96UE;G1S(&%R92!A;6]R=&EZ960@;W9E
M<B!T:&4@=7-E9G5L(&QI9F4@;V8@=&AE(&EM<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<F]V96UE;G0@;W(@=&AE(')E;6%I;FEN9R!T97)M(&]F('1H92!L
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M:&5E="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"!A;GD@9V%I;B!O<B!L
M;W-S(&]N(&1I<W!O<VET:6]N(&ES(')E8V]G;FEZ960@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YI;B!E87)N:6YG<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87,@82!C;VUP;VYE;G0@;V8@)B,X
M,C(P.T]T:&5R(&YE="!R96%L:7IE9"!G86EN<R`H;&]S<V5S*2XF(S@R,C$[
M($UA:6YT96YA;F-E(&%N9"!R97!A:7)S(&%R92!C:&%R9V5D('1O(&-U<G)E
M;G0@96%R;FEN9W,@87,@:6YC=7)R960N/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97-T('1H870@86X@87-S
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M<'0[)R`^=6YD:7-C;W5N=&5D(&-A<V@@9FQO=W,@<F5L871I;F<@=&\@=&AE
M(&%S<V5T(&]R(&%S<V5T(&=R;W5P(&ES(&QE<W,@=&AA;B!T:&4@8V]R<F5S
M<&]N9&EN9R!C87)R>6EN9R!V86QU92X\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ
M,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE
M9G0Z,'!T.R<@/E1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-O;7!A;GDF
M(S@R,3<[<R!E<W1I;6%T960@<F5M86EN:6YG('=E:6=H=&5D(&%V97)A9V4@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YU<V5F=6P@;&EV97,@;V8@96%C:"!C
M;&%S<R!O9B!A<W-E=',@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH96QD(&9O
M<B!U<V4@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S
M,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A<F4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!A<R!F;VQL;W=S.CPO9F]N=#X\+W`^/"]D:78^/&1I
M=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R
M9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-C)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-C)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,96%S96AO;&0@:6UP<F]V
M96UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,34@>65A<G,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D9U<FYI='5R92!A;F0@9FEX='5R97,\+V9O;G0^/"]T
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M(S`P,#`P,#LG(#XV('EE87)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%<75I
M<&UE;G0@86YD('-O9G1W87)E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"!Y96%R
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^
M/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL93TS1'1E>'0M
M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M(&]F(&9I;F%N8VEA;"!G=6%R86YT964@86YD(&9O<B!P=7)P;W-E<R!O9B`\
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&]R=&5D/"]F;VYT/CQF
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86YD(&-H86YG97,@:6X@9F%I<B!V86QU92!A<F4@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YR93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&]R=&5D(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:6X@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^8V]N<V]L:61A=&5D(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W1A=&5M
M96YT<R!O9B!O<&5R871I;VYS(&%S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M)B,X,C(P.TX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5T(&=A:6YS("AL;W-S
M97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B8C.#(R,3L\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!O<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B8C.#(R,#M5;G)E86QI
M>F5D(&=A:6YS("AL;W-S97,I(&]N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:6YS=7)E9"!D97)I=F%T:79E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X
M,C(Q.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&1E<&5N9&EN9R!O;B!T:&4@
M;F%T=7)E(&]F('1H92!D97)I=F%T:79E+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^5&AE($-O;7!A;GD@96QE8W1E9"!T;R!R96-O<F0@870@
M9F%I<B!V86QU92!C97)T86EN(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!T:&%T
M(&-O;G1A:6YE9"!A;B!E;6)E9&1E9"!D97)I=F%T:79E(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=&AA="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E<75I
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^960\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!B:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9G5R8V%T:6]N/"]F;VYT
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M86X[9F]N="US:7IE.C$P<'0[)R`^:'EB<FED(&9I;F%N8VEA;"`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FEN<W1R=6UE;G1S(&EN8VQU9&5D(&-E<G1A:6X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YM961I=6TM=&5R;2!N;W1E<R`H)B,X
M,C(P.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^351.<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^)B,X,C(Q.RD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@
M8V5R=&%I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%&4SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^('-E8W5R:71I97,N(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^5&AE($-O;7!A;GD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE;&5C=&5D
M('1O(&9A:7(@=F%L=64@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:&5S92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAY8G)I9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F9I;F%N8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6%L(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:6YS=')U;65N=',@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YG:79E;B!T:&4@8V]M<&QE>&ET>2!O9B!B:69U<F-A=&EN9R!T
M:&4@96UB961D960@9&5R:79A=&EV97,N/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y2969E<B!T;R`F(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE
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M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI
M8SMM87)G:6XM;&5F=#HP<'0[)R`^3V9F<V5T=&EN9R!O9B!&86ER(%9A;'5E
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M:7IE.C$P<'0[)R`^86UO=6YT<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^86YD(')E<&]R=&5D(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:6X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C`[
M3SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE<B!A<W-E=',\+V9O;G0^/&9O
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M871E<F%L(&ES(&]F9G-E="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%G86EN
M<W0@86UO=6YT<R!R96-O9VYI>F5D(&%S(&1E<FEV871I=F4@;&EA8FEL:71I
M97,@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;F0@=&AE(')E;&%T960@86-C
M<G5E9"!I;G1E<F5S="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F9O<B!E;&EG
M:6)L92!D97)I=F%T:79E(&-O;G1R86-T<RX@4F5F97(@=&\@)B,X,C(P.SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^3F]T92`Y.B!$97)I=F%T:79E($EN<W1R
M=6UE;G1S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[(&9O<B!T:&4@
M:6UP86-T(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V9F<V5T=&EN9SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&5L:6=I8FQE(&1E<FEV871I=F4@8V]N
M=')A8W1S(&5X96-U=&5D('=I=&@@=&AE('-A;64@8V]U;G1E<G!A<G1Y(&]N
M('1H92!C;VYS;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&ED871E9"!B86QA
M;F-E('-H965T<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF
M;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^1F%I<B!686QU
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M="US:7IE.C$P<'0[)R`^(&AI97)A<F-H>2!F;W(@:6YP=71S('5S960@:6X@
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;7!A;GD@8F5L:65V97,@=&AA="!M
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&QI86)I
M;&ET>2!D979E;&]P960@8F%S960@;VX@=&AE(&)E<W0@:6YF;W)M871I;VX@
M879A:6QA8FQE+B!4:&4@:&EE<F%R8VAY(&ES(&)R;VME;B!D;W=N(&EN=&\@
M=&AR964@;&5V96QS(&)A<V5D(&]N('1H92!O8G-E<G9A8FEL:71Y(&%N9"!R
M96QI86)I;&ET>2!O9B!I;G!U=',@87,@9F]L;&]W<SH\+V9O;G0^/"]P/CQU
M;#X\;&D@<W1Y;&4],T1L:7-T+7-T>6QE.F1I<V,[=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^3&5V96P@,28C.#(Q,CM686QU871I;VYS(&)A<V5D(&]N('%U
M;W1E9"!P<FEC97,@:6X@86-T:79E(&UA<FME=',@9F]R(&ED96YT:6-A;"!A
M<W-E=',@;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<B!L:6%B:6QI=&EE<R!T
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M;BUB;W1T;VTZ,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M93HQ,'!T.R<@/G9A8FQE(&UA<FME="!D871A+B`\+V9O;G0^/"]L:3X\;&D@
M<W1Y;&4],T1L:7-T+7-T>6QE.F1I<V,[=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^3&5V96P@,R8C.#(Q,CM686QU871I;VYS(&)A<V5D(&]N(&EN<'5T<R!T
M:&%T(&%R92!U;F]B<V5R=F%B;&4@86YD('-U<'!O<G1E9"!B>2!L:71T;&4@
M;W(@;F\@;6%R:V5T(&%C=&EV:71Y(&%N9"!T:&%T(&%R92!S:6=N:69I8V%N
M="!T;R!T:&4@;W9E<F%L;"!F86ER('9A;'5E(&UE87-U<F5M96YT+B!,979E
M;"`S(&%S<V5T<R!A;F0@;&EA8FEL:71I97,@:6YC;'5D92!F:6YA;F-I86P@
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M;G0@;6%N86=E;65N="!J=61G;65N="!O<B!E<W1I;6%T:6]N+B`\+V9O;G0^
M/"]L:3X\+W5L/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
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M.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=')A;G-A8W1I;VYS(&%R92!F<F5Q=65N="!A;F0@;V)S97)V
M86)L93L\+V9O;G0^/"]L:3X\;&D@<W1Y;&4],T1L:7-T+7-T>6QE.F1I<V,[
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O
M;3HP<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<')I8V5S(&EN('1H92!M87)K970@
M87)E(&-U<G)E;G0[/"]F;VYT/CPO;&D^/&QI('-T>6QE/3-$;&ES="US='EL
M93ID:7-C.W1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I
M;BUB;W1T;VTZ,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
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M:7IE.C$P<'0[)R`^=&AE('1Y<&4@;V8@<')O9'5C="P@=VAE=&AE<B!T:&4@
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M86X[9F]N="US:7IE.C$P<'0[)R`^87)K970L('1H92!D971E<FUI;F%T:6]N
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!M87D@9F%L;"!I;G1O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6=N:69I
M8V%N="!T;R!T:&4@9F%I<B!V86QU92!M96%S=7)E;65N="!I;B!I=',@96YT
M:7)E='DN/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M3&5V96P@,B!O<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F9R;VT@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y,979E;"`R('1O($QE=F5L(#,N/"]F;VYT/CQF
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M<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R
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M.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I
M9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT
M+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^3&]S<R!A;F0@3&]S
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&]S<R!R
M97-E<G9E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:7,@<W5B<V5Q=65N=&QY
M(')E;65A<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=7)E9"!E86-H(')E<&]R
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M<'0[)R`^;&]S<R!R97-E<G9E<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%R
M92!R96-O9VYI>F5D(&%S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&]S<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&5X<&5N<V4@:6X@=&AE('!E<FEO9"!O
M9B!C:&%N9V4N($UE87-U<F5M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE;G0@
M86YD(')E8V]G;FET:6]N(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&]S
M<R!R97-E<G9E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^87)E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5P;W)T
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M="US:7IE.C$P<'0[)R`^;&]S<R!R97-E<G9E(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:7,@:6YC;'5D960@:6X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YL
M;W-S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@97AP96YS92X\+V9O;G0^/"]P
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA
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M=6-H(&%M;W5N=',@87)E(')E<&]R=&5D('=I=&AI;B`F(S@R,C`[26YS=7)A
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<')E=FEO=7,@=&\@82!C;&%I
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M;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[
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M(#YL;W-S(&%D:G5S=&UE;G0@97AP96YS92`H)B,X,C(P.SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^3$%%/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[
M*3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&EN8W5R<F5D(&%R93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&1I<V-L;W-E9"!I;B`F(S@R,C`[/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#Y.;W1E(#8Z($QO<W,@86YD($QO<W,@061J=7-T;65N
M="!%>'!E;G-E(%)E<V5R=F5S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN)B,X
M,C(Q.SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
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M<R!A<F4@8V%R<FEE9"!A="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92!P
M<FEN8VEP86P@86UO=6YT(&]U='-T86YD:6YG('!L=7,@86-C<G5E9"!I;G1E
M<F5S="!A;F0@;F5T(&]F(&%N>2!U;F%M;W)T:7IE9"!P<F5M:75M<R!O<B!D
M:7-C;W5N=',@;W(@870@9F%I<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('9A
M;'5E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@9F]R(&-E<G1A:6X@351.<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+B!);G1E<F5S="!E>'!E;G-E(&ES(&%C
M8W)U960@870@=&AE(&-O;G1R86-T=6%L(&EN=&5R97-T(')A=&4N(%!R96UI
M=6US(&%N9"!D:7-C;W5N=',@<F5L871E9"!T;R!I;G9E<W1M96YT(&%G<F5E
M;65N=',@86YD($U43G,@87)E(&%M;W)T:7IE9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F%N9"!R97!O<G1E9"!A<R!I;G1E<F5S="!E>'!E;G-E(&)A<V5D
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VX@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YT:&4@969F96-T:79E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@>6EE
M;&0@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YM971H;V0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF
M;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^3&]N9RUT97)M
M($1E8G0\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^3&]N9RUT
M97)M(&1E8G0@:7,@8V%R<FEE9"!A=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M('1H92!P<FEN8VEP86P@86UO=6YT(&]U='-T86YD:6YG('!L=7,@86-C<G5E
M9"!I;G1E<F5S="!A;F0@;F5T(&]F(&%N>2!U;F%M;W)T:7IE9"!D:7-C;W5N
M=',N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G
M:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%T('1H92!I;F-E<'1I;VX@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;G-U<F%N8V4@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&]V97(@=&AE('1E<FT@;V8@=&AE(&-O;G1R86-T+B!5;F5A<FYE9"!P<F5M
M:75M(')E=F5N=64@86YD(&$@<F5C96EV86)L92!F;W(@9G5T=7)E('!R96UI
M=6US(&%R92!R96-O9VYI>F5D(&%T('1H92!I;F-E<'1I;VX@;V8@86X@:6YS
M=&%L;&UE;G0@8V]N=')A8W0L(&%N9"!M96%S=7)E9"!A="!T:&4@<')E<V5N
M="!V86QU92!O9B!P<F5M:75M<R!E>'!E8W1E9"!T;R!B92!C;VQL96-T960@
M;W9E<B!T:&4@8V]N=')A8W0@<&5R:6]D(&]R(&5X<#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^96-T960@<&5R:6]D('5S:6YG(&$@<FES:RUF<F5E(&1I<V-O
M=6YT(')A=&4N(%1H92!E>'!E8W1E9"!P97)I;V0@:7,@=7-E9"!I;B!T:&4@
M<')E<V5N="!V86QU92!D971E<FUI;F%T:6]N(&]F('5N96%R;F5D('!R96UI
M=6T@<F5V96YU92!A;F0@<F5C96EV86)L92!F;W(@9G5T=7)E('!R96UI=6US
M(&9O<B!C;VYT<F%C=',@=VAE<F4@*&$I)B,Q-C`[=&AE(&EN<W5R960@;V)L
M:6=A=&EO;B!I<R!C;VYT<F%C='5A;&QY('!R97!A>6%B;&4L("AB*28C,38P
M.W!R97`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%Y;65N=',@87)E('!R;V)A
M8FQE+"`H8RDF(S$V,#MT:&4@86UO=6YT(&%N9"!T:6UI;F<@;V8@<')E<&%Y
M;65N=',@87)E(')E87-O;F%B;'D@97-T:6UA8FQE+"!A;F0@*&0I)B,Q-C`[
M82!H;VUO9V5N;W5S('!O;VP@;V8@87-S971S(&ES('1H92!U;F1E<FQY:6YG
M(&-O;&QA=&5R86P@9F]R('1H92!I;G-U<F5D(&]B;&EG871I;VXN(%1H92!#
M;VUP86YY(&AA<R!D971E<FUI;F5D('1H870@<W5B<W1A;G1I86QL>2!A;&P@
M;V8@:71S(&EN<W1A;&QM96YT(&-O;G1R/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YA8W1S(&UE970@=&AE(&-O;F1I=&EO;G,@<F5Q=6ER960@=&\@8F4@=')E
M871E9"!A<R!E>'!E8W1E9"!P97)I;V0@8V]N=')A8W1S+B!4:&4@<F5C96EV
M86)L92!F;W(@9G5T=7)E('!R96UI=6US(&ES(')E9'5C960@87,@:6YS=&%L
M;&UE;G0@<')E;6EU;7,@87)E(&-O;&QE8W1E9"X@5&AE($-O;7!A;GD@<F5P
M;W)T<R!T:&4@86-C<F5T:6]N(&]F('1H92!D:7-C;W5N="!O;B!I;G-T86QL
M;65N="!P<F5M:75M<R!R96-E:79A8FQE(&%S('!R96UI/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YU;2!R979E;G5E(&%N9"!D:7-C;&]S97,@=&AE(&%M;W5N
M="!R96-O9VYI>F5D(&EN("8C.#(R,#L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/DYO=&4@-3H@26YS=7)A;F-E(%!R96UI=6US/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XN)B,X,C(Q.R!4:&4@0V]M<&%N>2!A<W-E<W-E<R!T:&4@<F5C96EV
M86)L92!F;W(@9G5T=7)E('!R96UI=6US(&9O<B!C;VQL96-T86)I;&ET>2!E
M86-H(')E<&]R=&EN9R!P97)I;V0L(&%D:G5S=',@=&AE(')E8V5I=F%B;&4@
M9F]R('5N8V]L;&5C=&EB;&4@86UO=6YT<R!A;F0@<F5C;V=N:7IE<R!A;GD@
M=W)I=&4M;V9F(&%S(&]P97)A=&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYG
M(&5X<&5N<V4L(&%N9"!D:7-C;&]S97,@=&AE(&%M;W5N="!R96-O9VYI>F5D
M(&EN("8C.#(R,#L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DYO=&4@-3H@26YS
M=7)A;F-E(%!R96UI=6US/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN)B,X,C(Q
M.R!!<R!P<F5M:75M(')E=F5N=64@:7,@<F5C;V=N:7IE9"P@=&AE('5N96%R
M;F5D('!R96UI=6T@<F5V96YU92!L:6%B:6QI='D@:7,@<F5D=6-E9"X\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T
M.R<@/E!R96UI=6T@4F5V96YU92!296-O9VYI=&EO;CPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G
M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>2!R96-O9VYI>F5S(&%N
M9"!M96%S=7)E<R!P<F5M:75M(')E=F5N=64@;W9E<B!T:&4@<&5R:6]D(&]F
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE(&-O;G1R86-T(&EN('!R;W!O
M<G1I;VX@=&\@=&AE(&%M;W5N="!O9B!I;G-U<F%N8V4@<')O=&5C=&EO;B!P
M<F]V:61E9"X@4')E;6EU;2!R979E;G5E(&ES(&UE87-U<F5D(&)Y(&%P<&QY
M:6YG(&$@8V]N<W1A;G0@<F%T92!T;R!T:&4@:6YS=7)E9"!P<FEN8VEP86P@
M86UO=6YT(&]U='-T86YD:6YG(&EN(&$@9VEV96X@<&5R:6]D('1O(')E8V]G
M;FEZ92!A('!R;W!O<G1I;VYA=&4@<VAA<F4@;V8@=&AE('!R96UI=6T@<F5C
M96EV960@;W(@93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>'!E8W1E9"!T;R!B
M92!R96-E:79E9"!O;B!A(&9I;F%N8VEA;"!G=6%R86YT964@:6YS=7)A;F-E
M(&-O;G1R86-T+B!!(&-O;G-T86YT(')A=&4@9F]R(&5A8V@@<F5S<&5C=&EV
M92!F:6YA;F-I86P@9W5A<F%N=&5E(&EN<W5R86YC92!C;VYT<F%C="!I<R!C
M86QC=6QA=&5D(&%S('1H92!R871I;R!O9B`H82DF(S$V,#MT:&4@<')E<V5N
M="!V86QU92!O9B!P<F5M:75M(')E8V5I=F5D(&]R(&5X<&5C=&5D('1O(&)E
M(')E8V5I=F5D(&]V97(@=&AE('!E<FEO/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YD(&]F('1H92!C;VYT<F%C="!T;R`H8BDF(S$V,#MT:&4@<W5M(&]F(&%L
M;"!I;G-U<F5D('!R:6YC:7!A;"!A;6]U;G1S(&]U='-T86YD:6YG(&1U<FEN
M9R!E86-H('!E<FEO9"!O=F5R('1H92!T97)M(&]F('1H92!C;VYT<F%C="X\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
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M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T
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M:7IE.C$P<'0[)R`^:75M(')E=F5N=64@:6X@=&AE(&-O;G-O;&ED871E9"!B
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M86X[9F]N="US:7IE.C$P<'0[)R`^<F5S(&)E9F]R92!T:&4@<F5L871E9"!F
M:6YA;F-I86P@9W5A<F%N=&5E(&ES(&ES<W5E9"P@=&AE(&YO;BUR969U;F1A
M8FQE(&-O;6UI=&UE;G0@9F5E(&ES(&EM;65D:6%T96QY(')E8V]G;FEZ960@
M87,@<')E;6EU;2!W<FET=&5N(&%N9"!E87)N960@870@=&AA="!T:6UE+CPO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y;&4Z:71A
M;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y&964@86YD(%)E:6UB=7)S96UE;G0@
M4F5V96YU92!296-O9VYI=&EO;CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y4:&4@0V]M<&%N>2!C;VQL96-T<R!I;G-U<F%N8V4@<F5L871E
M9"!F965S(&9O<B!S97)V:6-E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('!E
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M<'0[)R`^<R!R96QA=&5D('1O(&%N(&EN<W5R86YC92!P;VQI8WDL('1H92!F
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M="US:7IE.C$P<'0[)R`^<F4@8V]M<&QE=&5D(&%N9"!T:&4@9F5E(&ES(')E
M8V5I=F5D+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5M96YT+CPO9F]N=#X\+W`^/'`@
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M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[
M;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GD@<F5C;V=N:7IE
M<R!I;B!E87)N:6YG<R!A;&P@<W1O8VLM8F%S960@<&%Y;65N="!T<F%N<V%C
M=&EO;G,@870@=&AE(&9A:7(@=F%L=64@;V8@=&AE('-T;V-K+6)A<V5D(&-O
M;7!E;G-A=&EO;B!P<F]V:61E9"X@4F5F97(@=&\@)B,X,C(P.SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^3F]T92`Q-CH@3&]N9RUT97)M($EN8V5N=&EV92!0
M;&%N<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.R!F;W(@82!F=7)T
M:&5R(&1I<V-U<W-I;VX@<F5G87)D:6YG('1H92!M971H;V1O;&]G>2!U=&EL
M:7IE9"!I;B!R96-O9VYI>CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YG(&5M
M<&QO>65E('-T;V-K(&-O;7!E;G-A=&EO;B!E>'!E;G-E+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA<R!O9B`\+V9O;G0^/&9O
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M87(L(&%R92!I;F-L=61E9"!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M<'0[)R`^)B,X,C(Q.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&EN('-H87)E
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M.C$P<'0[)R`^;G,@86YD(&QO<W-E<R!R97-U;'1I;F<@9G)O;2!F;W)E:6=N
M(&-U<G)E;F-Y('1R86YS86-T:6]N<R!A<F4@<F5C;W)D960@:6X@96%R;FEN
M9W,N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G
M:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL
M93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN8V]M92!487AE<SPO9F]N
M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT
M+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^960@86UO=6YT<R!I;B!T
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M(&EN8V]M92P@86YD(&YE="!O<&5R871I;F<@;&]S<V5S+B`\+V9O;G0^/&9O
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M;G0@875T:&]R:71Y+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M34))02!);F,N(&%N9"!I=',@96QI9VEB;&4@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y5+E,N('-U8G-I9&EA<FEE<R!F:6QE(&$@8V]N<V]L:61A=&5D(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M)R`^($$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]F/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@1&5C96UB97(@,S$L(#(P,3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YY(&UE;6)E<B!W
M:71H(&$@;F5T(&]P97)A=&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYG(&QO
M<W,@*"8C.#(R,#M.3TPF(S@R,C$[*3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;G0@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W1A
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8G4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FAE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9W)O/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YU/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YP+B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D5A8V@@;65M8F5R('=I=&@@86X@3D],(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6P\+V9O
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M<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!B/"]F;VYT/CQF;VYT
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M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!C<F5D:71S(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=7(\+V9O;G0^/&9O;G0@<W1Y;&4]
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;W<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F4@/"]F;VYT/CQF;VYT
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M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAE(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;G0@<W5C:"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VXN
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T
M.R<@/DEN(&5S=&%B;&ES:&EN9R!A(&QI86)I;&ET>2!F;W(@86X@=6YR96-O
M9VYI>F5D('1A>"!B96YE9FET("@F(S@R,C`[551")B,X,C(Q.RDL(&%S<W5M
M<'1I;VYS(&UA>2!B92!M861E(&EN(&1E=&5R;6EN:6YG(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=VAE=&AE<B!A('1A>"!P;W-I=&EO;B!I<R!M;W)E(&QI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YG('1H92!A<'!L:6-A=&EO
M;B!O9B!I;F-O;64@=&%X(&QA=W,L(&ET(&ES(&UO<F4@;&EK96QY('1H86X@
M;F]T('1H870@=&AE('1A>"!P;W-I=&EO;B!W:6QL(&)E('-U<W1A:6YE9"!U
M<&]N(&5X86UI;F%T:6]N+B!4:&4@86UO=6YT(&]F('1A>"!B96YE9FET(')E
M8V]G;FEZ960@:7,@8F%S960@;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!A<W-E
M<W-M96YT(&]F('1H92!L87)G97-T(&%M;W5N="!O9B!B96YE9FET('1H870@
M:7,@;6]R92!L:6ME;'D@=&AA;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&YO
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M<'0[)R`^(&EN9F]R;6%T:6]N(&)E8V]M97,@879A:6QA8FQE+"!T:&4@0V]M
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M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T
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M<'0[)R`^)B,X,C(Q.R!F;W(@861D:71I;VYA;"!I;F9O<FUA=&EO;B!A8F]U
M="!T:&4@0V]M<&%N>28C.#(Q-SMS(&EN8V]M92!T87AE<RX\+V9O;G0^/"]P
M/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\
M+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A
M<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT
M96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,3(N:'1M;`T*0V]N
M=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N
M=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\
M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E
M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^
M/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^
M+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE
M860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS
M1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@
M8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY296-E;G0@06-C;W5N
M=&EN9R!0<F]N;W5N8V5M96YT<SQB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5C
M96YT($%C8V]U;G1I;F<@4')O;F]U;F-E;65N=',\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE
M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/DYO=&4@,SH@4F5C96YT($%C8V]U;G1I;F<@
M4')O;F]U;F-E;65N=',\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^26YC
M;VUE(%1A>&5S("A4;W!I8R`W-#`I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M=#MF;VYT+7-T>6QE.FET86QI8SLG(#XR,#$S+3$Q*3PO9F]N=#X\+W`^/'`@
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M)R`^2G5L>2!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,RP@=&AE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M1FEN86YC:6%L($%C8V]U;G1I;F<@4W1A;F1A<F1S($)O87)D("@F(S@R,C`[
M1D%30B8C.#(R,3LI(&ES<W5E9"!!8V-O=6YT:6YG(%-T86YD87)D<R!5<&1A
M=&4@*"8C.#(R,#M!4U4F(S@R,C$[*2`R,#$S+3$Q+"`F(S@R,C`[26YC;VUE
M(%1A>&5S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^*%1O<&EC(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^-S0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C`I)B,X
M,C$R.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^4')E<V5N=&%T:6]N(&]F(&%N
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M92!55$(N($%352`R,#$S+3$Q(&1O97,@;F]T(&%F9F5C="!T:&4\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!R96-O9VYI=&EO;B!O<B!M96%S=7)E;65N="!O
M9B!U;F-E<G1A:6X@=&%X('!O<VET:6]N<R!U;F1E<B`F(S@R,C`[26YC;VUE
M(%1A>&5S("A4;W!I8R`W-#`I)B,X,C(Q.R!A;F0@9&]E<R!N;W0@869F96-T
M(&%N>2!R96QA=&5D('1A>"!D:7-C;&]S=7)E<RX@05-5(#(P,3,M,3$@=V%S
M(&5F9F5C=&EV92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F9O<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&EN=&5R:6T@86YD(&%N;G5A;"!P97)I;V1S/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@8F5G:6YN:6YG($IA;G5A<GD@,2P@,C`Q
M-"X@5&AE($-O;7!A;GD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YP<F5V:6]U
M<VQY(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<')E<V5N=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^960@86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M93HQ,'!T.R<@/B!S=&%T96UE;G1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^5&AE($-O;7!A;GD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH
M87,@;F]T(&%D;W!T960@86YY(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W1H
M97(@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN97<@86-C;W5N=&EN9R!P<F]N
M;W5N8V5M96YT<R!T:&%T(&AA9"!A(&UA=&5R:6%L(&EM<&%C="!O;B!I=',@
M8V]N<V]L:61A=&5D(&9I;F%N8VEA;"!S=&%T96UE;G1S+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R
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M.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ
M.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL
M93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/E!R97-E;G1A=&EO;B!O9B!&
M:6YA;F-I86P@4W1A=&5M96YT<R`H5&]P:6,@,C`U*2!A;F0@4')O<&5R='DL
M(%`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/FQA
M;G0L(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC
M.R<@/D5Q=6EP;65N="`H5&]P:6,@,S8P*3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M9F]N="US='EL93II=&%L:6,[)R`^("8C.#(Q,CL\+V9O;G0^/&9O;G0@<W1Y
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M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y);B!!<')I;"!O9B`R,#$T+"!T:&4@1D%30B!I<W-U960@
M05-5(#(P,30M,#@L("8C.#(R,#M0<F5S96YT871I;VX@;V8@1FEN86YC:6%L
M(%-T871E;65N=',@*%1O<&EC/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@,C`U
M*2!A;F0@4')O<&5R='DL(%!L86YT+"!A;F0@17%U:7!M96YT("A4;W!I8R`S
M-C`I+5)E<&]R=&EN9R!$:7-C;VYT:6YU960@3W!E<F%T:6]N<R!A;F0@1&ES
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M8VQO<W5R97,N($%352`R,#$T+3`X(&%M96YD<R!T:&4@9&5F:6YI=&EO;B!O
M9B!D:7-C;VYT:6YU960@;W!E<F%T:6]N('1O(&$@9&ES<&]S86P@;V8@8V]M
M<&]N96YT<R!O9B!A;B!E;G1I='D@=&AA="!R97!R97-E;G0@<W1R871E9VEC
M('-H:69T<R!T:&%T(&AA=F4L(&]R('=I;&P@:&%V92P@82!M86IO<B!E/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YF9F5C="!O;B!A;B!E;G1I='DF(S@R,3<[
M<R!O<&5R871I;VYS(&%N9"!F:6YA;F-I86P@<F5S=6QT<RX@05-5(#(P,30M
M,#@@:7,@969F96-T:79E(&9O<B!I;G1E<FEM(&%N9"!A;FYU86P@<&5R:6]D
M<R!B96=I;FYI;F<@2F%N=6%R>2`Q+"`R,#$U+"!A;F0@=VET:"!E87)L>2!A
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M:6]N(&]F($%352`R,#$T+3`X(&ES(&YO="!E>'!E8W1E9"!T;R!M871E<FEA
M;&QY(&EM<&%C="!T:&4@0V]M<&%N>28C.#(Q-SMS(&-O;G-O;&ED871E9"!F
M:6YA;F-I86P@<W1A=&5M96YT<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T
M.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II
M=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/E)E=F5N=64@9G)O;2!#;VYT<F%C
M=',@=VET:"!#=7-T;VUE<G,@*%1O<&EC(#8P-BD@*$%352`R,#$T+3`Y*3PO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@36%Y(&]F(#(P,30L
M('1H92!&05-"(&ES<W5E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%352`R
M,#$T+3`Y+"`F(S@R,C`[4F5V96YU92!F<F]M($-O;G1R86-T<R!W:71H($-U
M<W1O;65R<R`H5&]P:6,@-C`V*2XF(S@R,C$[($%352`R,#$T+3`Y(&%M96YD
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M<R!B96=I;FYI;F<@2F%N=6%R>2`Q+"`R,#$W+"!A;F0@:7,@87!P;&EE9"!O
M;B!A(')E=')O<W!E8W1I=F4@;W(@;6]D:69I960@<F5T<F]S<&5C=&EV92!B
M87-I<RX@5&AE($-O;7!A;GD@:7,@979A;'5A=&EN9R!T:&4@:6UP86-T(&]F
M(&%D;W!T:6YG($%352`R,#$T+3`Y+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE
M.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^5')A/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG(#YN<V9E<G,@86YD(%-E<G9I8VEN
M9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/BA4
M;W!I8R`X-C`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC
M.R<@/BD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@
M/B`F(S@R,3([(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L
M:6,[)R`^4F5P=7)C:&%S92UT;RU-871U<FET>2!4<F%N<V%C=&EO;G,L(%)E
M<'5R8VAA<V4@1FEN86YC:6YG<RP@86YD($1I<V-L;W-U<F5S("A!4U4@,C`Q
M-"TQ,2D\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN($IU;F4@
M;V8@,C`Q-"P@=&AE($9!4T(@:7-S=65D($%352`R,#$T+3$Q+"`F(S@R,C`[
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M('1R86YS86-T:6]N<R!G=6ED86YC92!I<R!A;65N9&5D(&)Y($%352`R,#$T
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M,3!P=#LG(#X@8F]R<F]W:6YG(&%C8V]U;G1I;F<N($%352`R,#$T+3$Q(&%M
M96YD<R!D:7-C;&]S=7)E(')E<75I<F5M96YT<R!F;W(@=')A;G-F97)S(&%C
M8V]U;G1E9"!F;W(@87,@<V%L97,L(&%N9"!F;W(@<F5P=7)C:&%S92!T<F%N
M<V%C=&EO;G,@86-C;W5N=&5D(&9O<B!A<R!S96-U<F5D(&)O<G)O=VEN9W,N
M($%352`R,#$T+3$Q(&ES(&5F9F5C=&EV92!F;W(@:6YT97)I;2!A;F0@86YN
M=6%L('!E<FEO9',@8F5G:6YN:6YG($IA;G5A<GD@,2P@,C`Q-2P@/"]F;VYT
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M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^
M0V]M<&5N<V%T:6]N+5-T;V-K($-O;7!E;G-A=&EO;B`H5&]P:6,@-S$X/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG(#XI/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG(#X@)B,X,C$R.SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^06-C;W5N=&EN
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M9"`H02!#;VYS96YS=7,@;V8@=&AE($9!4T(@16UE<F=I;F<@27-S=65S(%1A
M<VL@1F]R8V4I("A!4U4@,C`Q-"TQ,BD\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ
M.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE
M9G0Z,'!T.R<@/DEN($IU;F4@;V8@,C`Q-"P@=&AE($9!4T(@:7-S=65D($%3
M52`R,#$T+3$R+"`F(S@R,C`[0V]M<&5N<V%T:6]N+5-T;V-K($-O;7!E;G-A
M=&EO;B`H5&]P:6,@-S$X*2U!8V-O=3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M="US:7IE.C$P<'0[)R`^=6QD(&)E(&%C:&EE=F5D(&%F=&5R(&%N(&5M<&QO
M>65E)B,X,C$W.W,@<F5Q=6ES:71E('-E<G9I8V4@<&5R:6]D(&)E(&%C8V]U
M;G1E9"!F;W(@87,@82!P97)F;W)M86YC92!C;VYD:71I;VXN($%352`R,#$T
M+3$R(&ES(&5F9F5C=&EV92!F;W(@:6YT97)I;2!A;F0@86YN=6%L('!E<FEO
M9',@8F5G:6YN:6YG($IA;G5A<GD@,2P@,C`Q-B!W:71H(&5A<FQY(&%D;W!T
M:6]N('!E<FUI='1E9"P@86YD(&ES(&%P<&QI960@;VX@82!P<F]S<&5C=&EV
M92!B87-I<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&]R(')E=')O<W!E8W1I
M=F4@8F%S:7,N(%1H92!A9&]P=&EO;B!O9B!!4U4@,C`Q-"TQ,B!I<R!N;W0@
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M.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M="US='EL93II=&%L:6,[)R`^>F5D($9I;F%N8VEN9R!%;G1I='D@*$%352`R
M,#$T+3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^
M,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/BD@
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y);B!!=6=U<W0@;V8@
M,C`Q-"P@=&AE($9!4T(@:7-S=65D($%352`R,#$T+3$S+"`F(S@R,C`[0V]N
M<V]L:61A=&EO;B`H5&]P:6,@.#$P*2U-96%S=7)I;F<@=&AE($9I;F%N8VEA
M;"!!<W-E=',@86YD('1H92!&:6YA;F-I86P@3&EA8FEL:71I97,@;V8@82!#
M;VYS;VQI9&%T960@0V]L;&%T97)A;&EZ960@1FEN86YC:6YG($5N=&ET>2XF
M(S@R,C$[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG
M(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!4U4@,C`Q-"TQ,R!A<'!L:65S
M('1O(&$@8V]N<V]L:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&%T960@8V]L
M;&%T97)A;&EZ960@9FEN86YC:6YG(&5N=&ET>2!D969I;F5D(&%S(&$@8V]N
M<V]L:61A=&5D(%9)12!T:&%T(&AO;&1S(&9I;F%N8VEA;"!A<W-E=',@86YD
M(&ES<W5E<R!B96YE9FEC:6%L(&EN=&5R97-T<R!I;B!T:&]S92!F:6YA;F-I
M86P@87-S971S('1H870@87)E(&-L87-S:69I960@87,@9FEN86YC:6%L(&QI
M86)I;&ET:65S+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M;F-I;F<@96YT:71I97,N($%352`R,#$T+3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!I<R!E9F9E8W1I=F4@9F]R
M(&EN=&5R:6T@86YD(&%N;G5A;"!P97)I;V1S(&)E9VEN;FEN9R!*86YU87)Y
M(#$L(#(P,38@=VET:"!E87)L>2!A9&]P=&EO;B!P97)M:71T960N(%1H92!A
M9&]P=&EO;B!O9B!!4U4@,C`Q-"T\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
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M.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[9F]N="US='EL93II=&%L:6,[)R`^*$%352`R,#$T+3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^,34\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/BD\+V9O;G0^/"]P/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN
M+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^26X@075G=7-T(&]F(#(P,30L('1H92!&05-"
M(&ES/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS=65D($%352`R,#$T+3$U+"`F
M(S@R,C`[4')E<V5N=&%T:6]N(&]F($9I;F%N8VEA;"!3=&%T96UE;G1S+4=O
M:6YG($-O;F-E<FX@*%-U8G1O<&EC(#(P-2TT,"DZ($1I<V-L;W-U<F4@;V8@
M56YC97)T86EN=&EE<R!A8F]U="!A;B!%;G1I='DF(S@R,3<[<R!!8FEL:71Y
M('1O($-O;G1I;G5E(&%S(&$@1V]I;F<@0V]N8V5R;BXF(S@R,C$[($%352`R
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($1E8V5M8F5R(#,Q+"`R,#$V(&%N
M9"!F;W(@86YN=6%L('!E<FEO9',@86YD(&EN=&5R:6T@<&5R:6]D<R!T:&5R
M96%F=&5R('=I=&@@96%R;'D@861O<'1I;VX@<&5R;6ET=&5D+B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/E1H92!A9&]P=&EO;B!O9B!!4U4@,C`Q-"TQ-2!I
M<R!N;W0@97AP96-T960@=&\@;6%T97)I86QL>2!I;7!A/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YC="!T:&4@0V]M<&%N>28C.#(Q-SMS(&-O;G-O;&ED871E
M9"!F:6YA;F-I86P@<W1A=&5M96YT<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ
M-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T
M>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^0V]N<V]L:61A=&EO;B`H
M5&]P:6,@.#$P*2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A
M;&EC.R<@/B8C.#(Q,CM!;65N9&UE;G1S('1O('1H92!#;VYS;VQI9&%T:6]N
M($%N86QY<VES(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L
M:6,[)R`^*$%352`R,#$U+3`R*3PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^26X@1F5B<G5A<GD@;V8@,C`Q-2P@=&AE($9!4T(@:7-S=65D($%3
M52`R,#$U+3`R+"`F(S@R,C`[0V]N<V]L:61A=&EO;B`H5&]P:6,@.#$P*3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^)B,X,C$R
M.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^06UE;F1M96YT<R!T;R!T:&4@0V]N
M<V]L:61A=&EO;B!!;F%L>7-I<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B8C
M.#(R,3L@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!4U4@,C`Q-2TP,B!A;65N
M9',@=&AE(&%C8V]U;G1I;F<@9W5I9&%N8V4@9F]R(&-O;G-O;&ED871I;VX@
M;V8@;&5G86P@96YT:71I97,@:6YC;'5D:6YG(%9)17,N($%352`R,#$U+3`R
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M52`R,#$U+3`R(&ES(&5F9F5C=&EV92!F;W(@:6YT97)I;2!A;F0@86YN=6%L
M('!E<FEO9',@8F5G:6YN:6YG($IA;G5A<GD@,2P@,C`Q-B!W:71H(&5A<FQY
M(&%D;W!T:6]N('!E<FUI='1E9"P@86YD(&ES(&%P<&QI960@;VX@82!R971R
M;W-P96-T:79E(&]R(&UO9&EF:65D(')E=')O<W!E8W1I=F4@8F%S:7,N(%1H
M92!#;VUP86YY(&ES(&5V86QU871I;F<@=&AE(&EM<&%C/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT(&]F(&%D;W!T:6YG($%352`R,#$U+3`R+CPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;&EN92UH96EG:'0Z,3)P
M=#L@/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]
M7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$S+FAT
M;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B
M;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I
M:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78]
M,T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]
M=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13
M:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I
M<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O
M<G0@:60],T1)1#!%344^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^5F%R:6%B
M;&4@26YT97)E<W0@16YT:71I97,\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5&5X="!";&]C:R!;06)S=')A8W1=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A
M<FEA8FQE($EN=&5R97-T($5N=&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:')O=6=H(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^34))028C.#(Q-SMS/"]F;VYT/CQF;VYT
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M="US:7IE.C$P<'0[)R`^<V5G;65N="P@=&AE($-O;7!A;GD@<')O=FED97,@
M8W)E9&ET('!R;W1E8W1I;VX@=&\@:7-S=65R<R!O9B!O8FQI9V%T:6]N<R!T
M:&%T(&UA>2!I;G9O;'9E(&ES<W5E<BUS<&]N<V]R960@<W!E8VEA;"!P=7)P
M;W-E(&5N=&ET:65S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^*"8C.#(R,#M3
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M9F]N="US:7IE.C$P<'0[)R`^86-T97)I<W1I8W,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/CH\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`H:2D@=&AE('!O=V5R
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M<FYS(&]F('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^("AI*2!T:&4@<&]W97(@=&\@9&ER96-T
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M9F]N="US:7IE.C$P<'0[)R`^=&5R;6EN871I;VX@:68@8V5R=&%I;B!E=F5N
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86P@:6YT97)E<W0N($)A<V5D
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M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;VX@;V8@86YY(%9)12X\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^5&AE($-O;7!A;GDF(S@R,3<[<R`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F%D=FES;W)Y('-E<G9I8V5S('-E9VUE;G0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!R;W9I9&5S
M(&%S<V5T(&UA;F%G96UE;G0@86YD(&%D=FES;W)Y('-E<G9I8V5S('1O(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^5DE%/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN($1U<FEN9R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/C(P,30L('1H92!#;VUP86YY(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8V]N<V]L:60\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AI<R!S96=M96YT)B,X
M,C$W.W,@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA8W1I=FET:65S+B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^1&5C96UB97(@,S$L(#(P,30L('1H92!#;VUP86YY(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:&]L9',@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA<'!R
M;WAI;6%T96QY(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX\
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M="US:7IE.C$P<'0[)R`^;VYE(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=&AE(%9)13PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E1H92!#;VUP86YY
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&%S(&YO(&]B;&EG871I;VX@;W(@
M8V]M;6ET;65N="!T;R!P<F]V:61E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V4\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E9)13PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/D5F9F5C=&EV92`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=&AE($-O;7!A;GD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC;VUP;&5T960@
M=&AE('-A;&4@;V8@:71S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0W5T=V%T
M97(@8G5S:6YE<W,@86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&5C;VYS
M;VQI9&%T960@=&AE<V4@5DE%<RX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y2
M969E<B!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B8C.#(R,#M.;W1E(#$Z
M($)U<VEN97-S($1E=F5L;W!M96YT<R!A;F0@4FES:W,@86YD(%5N8V5R=&%I
M;G1I97,F(S@R,C$[(&9O<B!A9&1I=&EO;F%L(&EN9F]R;6%T:6]N(&%B;W5T
M('1H92!S86QE(&]F($-U='=A=&5R+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ
M,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE
M9G0Z,'!T.R<@/E1H92!#;VUP86YY)B,X,C$W.W,@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YC;VYD=6ET('-E9VUE;G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M:7IE.C$P<'0[)R`^<')I;6%R:6QY(&EN(&1E8G0@<V5C=7)I=&EE<R!A;F0@
M=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!F=6YD960@=&AR;W5G:"!T:&4@:7-S=6%N8V4@;V8@5DE%(&YO=&5S
M+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(%0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FAE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0V]M<&%N>2!C;VYS;VQI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N>2!R96QA=&5D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@8W)E9&ET('!R;W1E8W1I;VX\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BX@/"]F;VYT/CPO<#X\+V1I=CX\9&EV/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB
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M;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^;CPO9F]N=#X\
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M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SLG
M(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M
M<W1Y;&4Z:71A;&EC.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I
M9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^;#PO9F]N=#X\9F]N="!S
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M.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^83PO9F]N=#X\9F]N="!S='EL
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M;&0[9F]N="US='EL93II=&%L:6,[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS
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M9F]N="US='EL93II=&%L:6,[)R`^23PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SLG(#Y%<SPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU
M<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG
M(#Y);G-U<F%N8V4\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VP\+V9O;G0^/&9O;G0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\
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M:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F]L:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!6
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VAI/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YC:"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^82!V/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F%S(&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T
M:')O=6=H(&ET<R!I;G-U<F%N8V4@;W!E<F%T:6]N<RX\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%L/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YS;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F5N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YH/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^0V\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!A;CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C$W.SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^>#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^>#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&\\+V9O;G0^/&9O;G0@
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W,@/"]F;VYT/CQF;VYT('-T>6QE
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;VQI9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!6/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#Y)/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y%<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD(&-A
M<G)Y:6YG(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;'4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M86X[9F]N="US:7IE.C$P<'0[)R`^;&EA8CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&D\+V9O;G0^/&9O;G0@<W1Y
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M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<W0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/BX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&$\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F]N/"]F;VYT/CQF;VYT('-T>6QE
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M5CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^23PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^17,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M="US:7IE.C$P<'0[)R`^;V(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FEG83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N/"]F;VYT/CQF;VYT('-T>6QE
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F$\+V9O;G0^
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C$W.SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8FP\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYO;CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^960@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^96P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F0@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YO/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YF/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:6$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<RP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M9F]N="US:7IE.C$P<'0[)R`^4SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GD\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<W,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G5E
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^8GD@;F]N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
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M,'!T.R<@/D5S+CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4]
M,T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@
M,S$L(#(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#87)R>6EN9R!686QU
M92!O9B!!<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$."!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$U-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V%R<GEI;F<@
M5F%L=64@;V8@3&EA8FEL:71I97,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,S<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C9P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S(&%N9"!,;W-S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DUA
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YE87)N960\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y!9&IU<W1M96YT/"]F;VYT/CPO=&0^/'1D('-T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AP;W-U<F4\+V9O;G0^
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M86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);G-U<F%N8V4@3&]S<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E!R96UI=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%>'!E;G-E/"]F
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV93PO9F]N=#X\+W1D/CPO
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N
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M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G1O
M($QO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M96YT<SPO
M9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W
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M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E
M:79A8FQE/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S
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M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^4F5C;W9E<F%B;&4\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO<W5P
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y2979E;G5E/"]F;VYT/CQS=7`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@T
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S97)V97,\
M+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y,:6%B:6QI=&EE<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH-BD\+V9O;G0^/"]S=7`^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3(S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/DEN<W5R86YC93H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
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M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3$V+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$V
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D=L;V)A;"!S
M=')U8W1U<F5D(&9I;F%N8V4Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XX+#8Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+#8R,SPO9F]N=#X\+W1D
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#DN-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-S`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,3`R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`X+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DUO<G1G86=E+6)A8VME9"!R97-I9&5N
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M;VQO<CHC,#`P,#`P.R<@/C$T+#$S-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C<L-#4Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M.B,P,#`P,#`[)R`^.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4Q
M.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,Y/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,S`W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4W,3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(W
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#DN-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]N<W5M97(@87-S970M
M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-BPP,#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#DX.3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]R<&]R871E(&%S<V5T
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C8L-C$R/"]F;VYT/CPO=&0^/'1D
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-"PV,#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M<CHC,#`P,#`P.R<@/C0W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-BXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A
M;"!G;&]B86P@<W1R=6-T=7)E9"!F:6YA;F-E/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,S4L.30P/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3DL.34X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4R-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
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M<CHC,#`P,#`P.R<@/C$R,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,X.3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D=L;V)A;"!P=6)L:6,@9FEN86YC93PO
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M;VQO<CHC,#`P,#`P.R<@/C0Y+#8X-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$V
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-SD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C(Q,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4
M;W1A;"!I;G-U<F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XX-2PV,C8\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-BPV-38\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XS,#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-3(T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,S,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,S@Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`R/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$R,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<&]R=&5D('=I=&AI;B`F<75O
M=#M);G9E<W1M96YT<R9Q=6]T.R!O;B!-0DE!)B,S.3MS(&-O;G-O;&ED871E
M9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0R."!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@
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M.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@S*2`M(%)E<&]R=&5D('=I=&AI;B`F
M<75O=#M);G-U<F%N8V4@;&]S<R!R96-O=F5R86)L929Q=6]T.R!O;B!-0DE!
M)B,S.3MS(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R."!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#0I("T@4F5P;W)T960@=VET:&EN("9Q=6]T.U5N96%R
M;F5D('!R96UI=6T@<F5V96YU929Q=6]T.R!O;B!-0DE!)B,S.3MS(&-O;G-O
M;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R."!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-BD@+2!297!O<G1E9"!W:71H:6X@)G%U;W0[1&5R:79A=&EV92!L
M:6%B:6QI=&EE<R9Q=6]T.R!O;B!-0DE!)B,S.3MS(&-O;G-O;&ED871E9"!B
M86QA;F-E('-H965T<RX\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^
M/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[
M;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:#HT,3@N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;6EN+7=I9'1H.C$P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#87)R>6EN9R!686QU92!O
M9B!!<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$."!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$U-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,34U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V%R<GEI;F<@5F%L
M=64@;V8@3&EA8FEL:71I97,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S
M(&%N9"!,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
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M;&]R.B,P,#`P,#`[)R`^36%X:6UU;3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y5;F5A<FYE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%D:G5S=&UE;G0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`Q
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9)13PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D5X<&]S=7)E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#DN
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/E!R96UI=6US/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E
M($QO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M/"]F;VYT/CPO
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M;&]R.B,P,#`P,#`[)R`^17AP96YS93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D1E<FEV871I=F4\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
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M,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E
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M;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G1O($QO<W,\+V9O;G0^
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M96YT<SPO9F]N=#X\<W5P/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS
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M.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E
M<F%B;&4\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y2979E;G5E/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@T*3PO9F]N=#X\+W-U
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S97)V97,\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M*#4I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI
M=&EE<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#XH-BD\+V9O;G0^/"]S=7`^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3(S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/DEN<W5R86YC93H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D=L;V)A;"!S
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
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M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BPU-C4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-RPV.3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(P/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#@\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,#@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^36]R=&=A9V4M8F%C:V5D(')E<VED96YT:6%L/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C$L-S,X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^.2PR-3$\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4S/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`V-3@\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XU,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,R-SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^36]R=&=A9V4M8F%C:V5D(&-O
M;6UE<F-I86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#,V-SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C0T-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D-O;G-U
M;65R(&%S<V5T+6)A8VME9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C<L.#,P/"]F;VYT
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M;&]R.B,P,#`P,#`[)R`^,BPW-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XY/"]F;VYT/CPO
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#;W)P;W)A=&4@87-S970M8F%C:V5D/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3,L,#(X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-RPR
M-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M.#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XY-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,38N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,38N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@9VQO8F%L
M('-T<G5C='5R960@9FEN86YC93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4V+#4R.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C(W+#,W.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$T,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Y-CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0Y+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XV
M-S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-C$\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-BXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y';&]B86P@<'5B;&EC(&9I;F%N
M8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,BPS,3<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XR,"PQ-C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^5&]T86P@:6YS=7)A;F-E/"]F;VYT/CPO=&0^/'1D
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M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`X
M+#@T-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/C0W+#4T,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$T,3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/C0P,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XV-S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-3(\+V9O;G0^/"]T9#X\
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M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(S
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/E]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M:SMM:6XM=VED=&@Z-#DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
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M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R."!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$I("T@4F5P;W)T960@=VET:&EN("9Q=6]T.TEN
M=F5S=&UE;G1S)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A
M;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#(X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30W+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!297!O
M<G1E9"!W:71H:6X@)G%U;W0[4')E;6EU;7,@<F5C96EV86)L929Q=6]T.R!O
M;B!-0DE!)B,S.3MS(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R."!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#,I("T@4F5P;W)T960@=VET:&EN("9Q=6]T
M.TEN<W5R86YC92!L;W-S(')E8V]V97)A8FQE)G%U;W0[(&]N($U"24$F(S,Y
M.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(X(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH-"D@+2!297!O<G1E9"!W:71H:6X@)G%U;W0[56YE87)N960@
M<')E;6EU;2!R979E;G5E)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A
M=&5D(&)A;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#(X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-2D@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@V*2`M(%)E<&]R=&5D('=I=&AI;B`F<75O=#M$97)I=F%T:79E(&QI86)I
M;&ET:65S)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A;&%N
M8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[
M;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M=6T@9G5T=7)E('!A>6UE;G1S(&]F('!R:6YC:7`\+V9O;G0^/&9O;G0@<W1Y
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M="US:7IE.C$P<'0[)R`^(&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8F4@<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<74\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=6YD/"]F;VYT/CQF
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;6UI=&UE;G0\+V9O;G0^/&9O;G0@<W1Y
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M;G0M<VEZ93HQ,'!T.R<@/FME('`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M:7IE.C$P<'0[)R`^(&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&D\+V9O;G0^/&9O;G0@<W1Y
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M<'0[)R`^(&X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]N/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YC;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%T93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(%8\+V9O;G0^/&9O;G0@<W1Y
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M;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^0V]N<V]L:61A
M=&5D(%9)17,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE
M(&-A<G)Y:6YG(&%M;W5N=',@;V8@87-S971S(&%N9"!L:6%B:6QI=&EE<R!O
M9B!C;VYS;VQI9&%T960@5DE%<R!W97)E("0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C4N,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&)I;&QI;VX@86YD("0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C0N.#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&)I;&QI;VXL(')E<W!E8W1I=F5L>2P@87,@;V8@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(')E<W!E8W1I=F5L>2P@87,@;V8@1&5C96UB97(@,S$L(#(P,3,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX@5&AE(&-A<G)Y:6YG(&%M;W5N=',@;V8@87-S
M971S(&%N9"!L:6%B:6QI=&EE<R!A<F4@<')E<V5N=&5D('-E<&%R871E;'D@
M:6X@)B,X,C(P.T%S<V5T<R!O9B!C;VYS;VQI9&%T960@=F%R:6%B;&4@:6YT
M97)E<W0@96YT:71I97,F(S@R,C$[(&%N9"`F(S@R,C`[3&EA8FEL:71I97,@
M;V8@8V]N<V]L:61A=&5D('9A<FEA8FQE(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:6YT97)E<W0@96YT:71I97,F(S@R,C$[(&]N('1H92!#;VUP86YY)B,X
M,C$W.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+B`\+V9O;G0^/&9O
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M9F]N="US:7IE.C$P<'0[)R`^('1H92!#;VUP86YY)B,X,C$W.W,@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YA9'9I<V]R>2!S97)V:6-E<R!S96=M96YT('=E
M<F4@)#<U,2!M:6QL:6]N(&%N9"`D-S4T(&UI;&QI;VXL(')E<W!E8W1I=F5L
M>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!A<R!O9B!$96-E;6)E<B`S,2P@
M,C`Q-"P@86YD(&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E('!R97-E;G1E
M9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-E<&%R871E;'D@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YI;B`F(S@R,C`[07-S971S(&AE;&0@9F]R('-A;&4F
M(S@R,C$[(&%N9"`F(S@R,C`[3&EA8FEL:71I97,@:&5L9"!F;W(@<V%L928C
M.#(R,3L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F]N('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5DE%<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&%R92!C;VYS;VQI9&%T960@;W(@9&5C;VYS;VQI9&%T960@
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M:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^5&AR964\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%D9&ET:6]N86P\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E9)13PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97)E
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<B!E;F1E9#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB
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M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<B!E;F1E9#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
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M+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FUI
M;&QI;VX@<F5L871E9"!T;R!T:&4@8V]N<V]L:61A=&EO;B!O9B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/E9)13PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M
M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y(;VQD97)S(&]F(&EN<W5R960@;V)L:6=A=&EO;G,@;V8@
M:7-S=65R+7-P;VYS;W)E9"!6245S(')E;&%T960@=&\@=&AE($-O;7!A;GDF
M(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN=&5R;F%T:6]N86P@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;F0@<W1R=6-T=7)E9"!F:6YA;F-E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=7)A;F-E('-E9VUE;G0@9&\@
M;F]T(&AA=F4@<F5C;W5R<V4@=&\@=&AE(&=E;F5R86P@87-S971S(&]F($U"
M24$N($EN('1H92!E=F5N="!O9B!N;VYP87EM96YT(&]F(&%N(&EN<W5R960@
M;V)L:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9V%T:6]N(&ES<W5E9"!B>2!A
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!A
M;F0@86YY(&%D9&ET:6]N86P@=F%R:6%B;&4@:6YT97)E<W1S(&AE;&0@8GD@
M34))02X\+V9O;G0^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-
M"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV
M,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H
M965T,30N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D
M+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970]
M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T
M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@
M8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T
M('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@
M*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S
M<STS1')E<&]R="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N
M9SY);G-U<F%N8V4@4')E;6EU;7,\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5&5X="!";&]C:R!;06)S=')A8W1=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M<W5R86YC92!0<F5M:75M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F=#HP
M<'0[)R`^3F]T92`U.B!);G-U<F%N8V4@4')E;6EU;7,\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R
M9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GD@<F5C;V=N:7IE<R!A
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M;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/D%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F
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M.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!P<F5M:75M
M<R!R96-E:79A8FQE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@=V%S(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.#<U
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!A;F0@)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,2XQ/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YB:6QL:6]N+"!R97-P96-T:79E;'DL('!R
M:6UA<FEL>2!R96QA=&5D('1O(&EN<W1A;&QM96YT('!O;&EC:65S(&9O<B!W
M:&EC:"!P<F5M:75M<R!W:6QL(&)E(&-O;&QE8W1E9"!O=F5R('1H92!E<W1I
M;6%T960@=&5R;2!O9B!T:&4@8V]N=')A8W1S+B!0<F5M:75M<R!R93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8V5I=F%B;&4@9F]R(&%N(&EN<W1A;&QM96YT
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8W1E9"!P97)I;V0@;V8@<FES
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M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P
M=#LG(#Y4:&4@0V]M<&%N>2!E=F%L=6%T97,@=VAE=&AE<B!A;GD@<')E;6EU
M;7,@<F5C96EV86)L92!A<F4@=6YC;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M="US:7IE.C$P<'0[)R`^96YT('!R96UI=6US('1H870@87)E(&YO="!Y970@
M8FEL;&5D(&]R(&1U93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^('!R:6UA<FEL>2!F<F]M('-T<G5C='5R960@9FEN
M86YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;G0@;V8@=6YC;VQL96-T:6)L
M92!P<F5M:75M<R!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M
M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B!W87,@:6YS:6=N:69I8V%N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^07,@;V8@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=&AE(')I<VLM/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YF<F5E(')A=&4@=7-E
M9"!T;R!D:7-C;W5N="!F=71U<F4@:6YS=&%L;&UE;G0@<')E;6EU;7,@=V%S
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,BXX/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XE(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(N.3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^)2P@<F5S<#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F
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M.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!R93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:6YS=7)A;F-E('!R96UI=6US('!A>6%B;&4\
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M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6EL;&EO;B!A;F0@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XD/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XU,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(')E<W!E8W1I
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8FQE(&ES(&%C8W)E=&5D(&%N
M9"!P86ED('1O(')E:6YS=7)E<G,@87,@<')E;6EU;7,@9'5E('1O($U"24$@
M87)E(&%C8W)E=&5D(&%N9"!C;VQL96-T960N/"]F;VYT/CPO<#X\<"!S='EL
M93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T
M=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I
M;BUL969T.C!P=#LG(#Y4:&4@9F]L;&]W:6YG('1A8FQE<R!P<F5S96YT(&$@
M<F]L;"!F;W)W87)D(&]F('1H92!#;VUP86YY)B,X,C$W.W,@<')E;6EU;7,@
M<F5C96EV86)L92!F;W(@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A
M<G,@96YD960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/CH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE
M('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z
M,C!P=#L@/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-C4N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,"XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$W+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ-C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^061J=7-T
M;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VQO<CHC,#`P,#`P.R<@/E!R96UI=6US/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA
M;F=E<R!I;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N
M-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-C<F5T:6]N(&]F/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HV-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R96UI=6US/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,"XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-C4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE(&%S(&]F
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;3PO9F]N=#X\+W1D/CQT
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#YF<F]M($YE=SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%>'!E8W1E
M9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#DN-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C96EV86)L92!A<R!O
M9CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(P+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`N,C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB
M97(@,S$L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4&%Y;65N=',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0G5S:6YE<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M5&5R;2!O9CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-#DN-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C96EV86)L93PO
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,"XR-7!T.W1E
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79E9#PO9F]N
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y7<FET=&5N/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E!O;&EC:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(P+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`U,3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$R,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,X*3PO
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU-RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C@W-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(P+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
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M;6EN+7=I9'1H.C0W-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,2D@+2!0<FEM87)I;'D@8V]N<VES=',@;V8@=6YR96%L:7IE9"!G
M86EN<R`H;&]S<V5S*2!D=64@=&\@9F]R96EG;B!C=7)R96YC>2!E>&-H86YG
M92!R871E<RX\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\
M=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN
M+71O<#HR,'!T.R`^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HV-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P+C(U<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U
M+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^/"]T9#X\=&0@
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-R971I;VX@;V8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P+C(U<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V5I=F%B;&4@
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/F9R;VT@3F5W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X
M<&5C=&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE
M(&%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,"XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-C4N,C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y087EM96YT<SPO
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"=7-I;F5S<SPO9F]N=#X\+W1D/CQT9"!S
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y497)M(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A
M8FQE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HV-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E
M8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(P+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V5I=F5D
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=R:71T96X\+V9O;G0^/"]T9#X\
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M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^4&]L:6-I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D1I<V-O=6YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F
M;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,"XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-RXW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C(X
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
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M8V]L;W(Z(S`P,#`P,#LG(#XH,3,U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@T-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#PO9F]N=#X\+W1D/CQT9"!S
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,C4I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4W+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PP-3$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(P+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV-2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R
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M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4W
M+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,"XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R
M,2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W-"XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-S0N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I("T@4')I;6%R:6QY(&-O;G-I<W1S(&]F('5N<F5A
M;&EZ960@9V%I;G,@*&QO<W-E<RD@9'5E('1O(&9O<F5I9VX@8W5R<F5N8WD@
M97AC:&%N9V4@<F%T97,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&9O;&QO=VEN9R!T86)L
M92!P<F5S96YT<R!T:&4@=6YD:7-C;W5N=&5D(&9U='5R92!A;6]U;G0@;V8@
M<')E;6EU;7,@97AP96-T960@=&\@8F4@8V]L;&5C=&5D(&%N9"!T:&4@<&5R
M:6]D(&EN('=H:6-H('1H;W-E(&-O;&QE8W1I;VYS(&%R92!E>'!E8W1E9"!T
M;R!O8V-U<CH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$
M8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X<&5C=&5D/"]F;VYT/CPO
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M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL96-T:6]N
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M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
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M(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:')E
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M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DUA<F-H(#,Q+"`R,#$U/"]F
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^2G5N92`S,"P@,C`Q-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y397!T96UB97(@,S`L(#(P,34\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Q/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L
M(#(P,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5'=E;'9E(&UO;G1H<R!E;F1E9#H\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,38\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;VQO<CHC,#`P,#`P.R<@/CDQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,3<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,3@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L
M(#(P,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8X/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1FEV92!Y96%R<R!E;F1E9#H\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,C0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M<CHC,#`P,#`P.R<@/C(X,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+"`R,#(Y/"]F;VYT/CPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`S-"!A
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$Q,3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&9O;&QO=VEN9R!T86)L
M92!P<F5S96YT<R!T:&4@=6YE87)N960@<')E;6EU;2!R979E;G5E(&)A;&%N
M8V4@86YD(&9U='5R92!E>'!E8W1E9"!P<F5M:75M(&5A<FYI;F=S(&%S(&]F
M(&%N9"!F;W(@=&AE('!E<FEO9',@<')E<V5N=&5D.CPO9F]N=#X\+W`^/"]D
M:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P
M<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-3!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^17AP96-T960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^56YE87)N960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$P-RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M17AP96-T960@1G5T=7)E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@
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M<CHC,#`P,#`P.R<@/D9U='5R93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VQO<CHC,#`P,#`P.R<@/E!R96UI=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M($5A<FYI
M;F=S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E!R96UI=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
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M;W(Z(S`P,#`P,#LG(#Y2979E;G5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5
M<&9R;VYT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3$N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS=&%L;&UE
M;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-R971I;VX\
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M1&5C96UB97(@,S$L(#(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PY.#8\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-"XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#0N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:')E92!M;VYT:',@96YD960Z/"]F
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL
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M;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^36%R8V@@,S$L(#(P,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L.3,T
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0T+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0T+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^2G5N92`S,"P@,C`Q-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PX.#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3<\+V9O;G0^/"]T9#X\=&0@<W1Y
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4V5P=&5M8F5R(#,P
M+"`R,#$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#@S-#PO9F]N=#X\+W1D
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\
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M<CHC,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M96-E;6)E<B`S,2P@,C`Q-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PW.#8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4=V5L=F4@;6]N=&AS(&5N9&5D.CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D1E8V5M8F5R(#,Q+"`R,#$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^.#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PT,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO
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M=#MC;VQO<CHC,#`P,#`P.R<@/C$X-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q
M.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PR.#8\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^.#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V.#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E
M;6)E<B`S,2P@,C`Q.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-#@\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-S@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U
M-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9I=F4@>65A<G,@96YD960Z/"]F;VYT
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
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M+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M1&5C96UB97(@,S$L(#(P,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q,SPO
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M8V]L;W(Z(S`P,#`P,#LG(#XR.30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,C0Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,CD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(X.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-S$\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,34T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;W(Z(S`P,#`P,#LG(#XS-C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,S0@86YD
M('1H97)E869T97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M8V]L;W(Z(S`P,#`P,#LG(#XQ-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U/"]F
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,C,\+V9O;G0^/"]T9#X\=&0@
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M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,#@S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-"XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#0N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/CDP,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(S-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(L,C(R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/"]T
M86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE
M>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*
M0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D
M,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$U+FAT;6P-
M"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-
M"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-
M"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#
M;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F
M+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W
M+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^
M/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@
M:60],T1)1#!%344^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^3&]S<R!A;F0@
M3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V97,\8G(^/"]S=')O;F<^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@
M36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5&5X="!";&]C
M:R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DQO<W,@86YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E
M<V5R=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
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M.FET86QI8SLG(#YU<W1M96YT($5X<&5N<V4@4')O8V5S<SPO9F]N=#X\+W`^
M/"]D:78^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=7)A;F-E
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M<B`H:68@87!P;&EC86)L92D@86YD('1H92!T<G5S=&5E('1O(&9U<FYI<V@@
M<&5R:6]D:6,@9FEN86YC:6%L(&%N9"!A<W-E="UR96QA=&5D(&EN9F]R;6%T
M:6]N+"!I;F-L=61I;F<@875D:71E9"!F:6YA;F-I86P@<W1A=&5M96YT<RP@
M=&\@25!-(&9O<B!R979I97<N($E032!A;',\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F\@;6]N:71O<G,@<'5B;&EC;'D@879A:6QA8FQE(&EN9F]R;6%T:6]N
M(')E;&%T960@=&\@:6YS=7)E9"!O8FQI9V%T:6]N<RX@4&]T96YT:6%L('!R
M;V)L96US('5N8V]V97)E9"!T:')O=6=H('1H:7,@<F5V:65W+"!S=6-H(&%S
M('!O;W(@9FEN86YC:6%L(')E<W5L=',L(&QO=R!F=6YD(&)A;&%N8V5S+"!C
M;W9E;F%N="!O<B!T<FEG9V5R('9I;VQA=&EO;G,@86YD('1R=7-T964@;W(@
M<V5R=FEC97(@<')O8FQE;7,L(&]R(&]T:&5R(&5V96YT<R`\+V9O;G0^/&9O
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M;V8@9V5N97)A;"!E8V]N;VUI8R!C;VYD:71I;VYS+"!C=7)R96YT(&%N9"`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!R;W!O<V5D(&QE9VES;&%T:6]N(&%N
M9"!R96=U;&%T:6]N<RP@87,@=V5L;"!A<R`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G-O=F5R96EG;BP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS=&%T92!A
M;F0@;75N:6-I<&%L(&9I;F%N8V5S(&%N9"!B=61G970@9&5V96QO<&UE;G1S
M+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HY<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&9R97%U96YC
M>2!A;F0@97AT96YT(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^25!-)B,X
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M871E9V]R>2`H)B,X,C(P.T-A=71I;VX@3&ES="8C.#(Q,CM,;W<L)B,X,C(Q
M.R`F(S@R,C`[0V%U=&EO;B!,:7-T)B,X,C$R.TUE9&EU;2PF(S@R,C$[("8C
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M<W,@86YY(&-R961I="!D971E<FEO<F%T:6]N+CPO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O
M='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^4F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&D\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F<\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G,L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YW86D\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G)S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YO/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YE;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9V\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6=G93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<G,L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=V%I/"]F
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M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VX\+V9O;G0^/&9O
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<RP\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G,L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YF/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YO/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YF/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR=CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:6YG/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6\\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YF/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YU/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YU/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS+"`\+V9O;G0^/&9O;G0@<W1Y
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M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F)A;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:W(\+V9O;G0^/&9O;G0@
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96D\+V9O;G0^/&9O;G0@<W1Y
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH:7`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F0@<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6QA
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M;VYT+7-I>F4Z,3!P=#LG(#YH92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VX\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FEN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YU/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;V)L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YG83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N)B,X,C$W.SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<VL\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F4@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YA;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!S/"]F;VYT/CQF;VYT
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M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!R/"]F
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M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!A/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YR=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^8V@@<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M961I83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"`\+V9O;G0^/&9O;G0@<W1Y
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M="US:7IE.C$P<'0[)R`^<RP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F4@/"]F;VYT/CQF;VYT('-T>6QE
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M="US:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V(\+V9O;G0^/&9O;G0@<W1Y;&4]
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<W,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G5E
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YF/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G4\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YO8FP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F=A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YI;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;B!-/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO;B`\+V9O;G0^/&9O;G0@
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!C/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YO;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V(\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FEG83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:6\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F-R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8W(\
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M<'0[)R`^9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^
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M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F1E/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YC<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96$\+V9O
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96QA/"]F;VYT/CQF
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\
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M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T
M.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!#;VUP86YY(&1O97,@;F]T
M(&5S=&%B;&ES:"!A;GD@8V%S92!B87-I<R!R97-E<G9E<R!F;W(@:6YS=7)E
M9"!O8FQI9V%T:6]N<R!T:&%T(&%R92!A<W-I9VYE9"!T;R`F(S@R,C`[0V%U
M=&EO;B!,:7-T)B,X,C$R.TQO=RPF(S@R,C$[("8C.#(R,#M#875T:6]N($QI
M<W0F(S@R,3([365D:75M)B,X,C(Q.R!O<B`F(S@R,C`[0V%U=&EO;B!,:7-T
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M97-E<G9E+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M.C$P<'0[)R`^5&AE(&9O;&QO=VEN9R!P<F]V:61E<R!A(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9&5S8W)I<'1I;VX@;V8@96%C:"!S=7)V96EL;&%N8V4@
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^("8C.#(Q
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M.C$P<'0[)R`^("8C.#(Q,CM);F-L=61E<R!I<W-U97)S('=H97)E(&1E8G0@
M<V5R=FEC92!P<F]T96-T:6]N(&ES(&%D97%U871E('5N9&5R(&-U<G)E;G0@
M86YD(&%N=&EC:7!A=&5D(&-I<F-U;7-T86YC97,L(&%L=&AO=6=H(&%D=F5R
M<V4@=')E;F1S(&AA=F4@9&5V96QO<&5D(&%N9"!A<F4@;6]R92!P<F]N;W5N
M8V5D('0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAA;B!F;W(@)B,X,C(P.T-A
M=71I;VX@3&ES="`F(S@R,3$[($QO=RXF(S@R,C$[($ES<W5E<G,@:6X@=&AI
M<R!C871E9V]R>2!M87D@:&%V92!B<F5A8VAE9"!O;F4@;W(@;6]R92!C;W9E
M;F%N=',@;W(@=')I9V=E<G,N(%1H97-E(&ES<W5E<G,@87)E(&UO<F4@8VQO
M<V5L>2!M;VYI=&]R960@8GD@25!-(&)U="!G96YE<F%L;'D@=&%K92!R96UE
M9&EA;"!A8W1I;VX@;VX@=&AE:7(@;W=N+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T
M=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.W1E>'0M
M9&5C;W)A=&EO;CIU;F1E<FQI;F4[;6%R9VEN+6QE9G0Z,C-P=#LG(#XF(S@R
M,C`[0V%U=&EO;B!,:7-T)B,X,C$R.SPO9F]N=#X\9F]N="!S='EL93TS1"=F
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M.V9O;G0M<VEZ93HQ,'!T.R<@/B`F(S@R,3([26YC;'5D97,@:7-S=65R<R!W
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M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MT97AT+61E
M8V]R871I;VXZ=6YD97)L:6YE.VUA<F=I;BUL969T.C(S<'0[)R`^)B,X,C(P
M.T-L87-S:69I960@3&ES="8C.#(R,3L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`F(S@R,3([/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y);F-L=61E<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&%L;"!I;G-U<F5D(&]B;&EG871I;VYS('=H
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M="UA;&EG;CIL969T.VQI;F4M:&5I9VAT.C$R<'0[(#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^26X@97-T86)L:7-H:6YG(&-A<V4@8F%S:7,@;&]S<R!R
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M52Y3+B!D;VQL87)S+"!W:&EC:"!R97`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M:&%N('1H;W-E(&5S=&%B;&ES:&5D(&%S(&]F($1E8V5M8F5R(#,Q+"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/BX@1F]R(&5X86UP;&4L(&$@:&EG:&5R(&1I<V-O=6YT(')A=&4@87!P;&EE
M9"!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
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M9&5C;W)A=&EO;CIU;F1E<FQI;F4[)R`^($EN<W5R86YC93PO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[
M;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y5+E,N('!U8FQI8R!F:6YA;F-E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=7(\+V9O;G0^/&9O;G0@<W1Y
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M92!I;G-T:71U=&EO;G,L(&AI9VAE<B!E9'5C871I;VYA;"`\+V9O;G0^/&9O
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M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y!<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M
M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O
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M="US:7IE.C$P<'0[)R`^-#4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL
M:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XX-SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&UI;&QI;VXL(')E<W!E8W1I=F5L>2P@86YD(&EN<W5R
M86YC92!L;W-S(')E8V]V97)A8FQE(&]F("0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(&%N9"`D/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&UI;&QI;VXL(')E<W!E8W1I=F5L>2P@<F5L871E9"!T;R!5+E,N('!U8FQI
M8R!F:6YA;F-E(&ES<W5E<RX@1F]R('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/GEE87(@96YD960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^+"!L;W-S97,@86YD($Q!12!I;F-U<G)E9"!W87,@82!B
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M=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y#97)T86EN(&QO8V%L(&=O=F5R
M;FUE;G1S(')E;6%I;B!U;F1E<B!F:6YA;F,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FEA;"!A;F0@8G5D9V5T87)Y('-T<F5S<R!A;F0@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YA(&9E=R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=7)E9"!T<F%N<V%C
M=&EO;G,N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5&AE($-O;7!A;GD\+V9O
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE(&]V97)A
M;&P@97AT96YT(&%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(&1U<F%T:6]N
M(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W5C:#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&5V96YT<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%R93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^('5N8V5R=&%I;CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&%N9"!T:&4@9FEL:6YG(&9O<B!P<F]T96-T:6]N('5N9&5R
M('1H92!5;FET960@4W1A=&5S($)A;FMR=7!T8WD@0V]D92!O<B!E;G1E<FEN
M9R!S=&%T92!S=&%T=71O<GD@<')O8V5E9&EN9W,@9&]E<R!N;W0@<F5S=6QT
M(&EN(&$@9&5F875L="!O<B!I;F1I8V%T92!T:&%T(&%N('5L=&EM871E(&QO
M<W,@=VEL;"!O8V-U<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XR,#$T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@86YD
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+"!T:&4@0V]M<&%N>2!H860@)#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^.3@N.3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&)I;&QI;VX@86YD("0\
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M86X[9F]N="US:7IE.C$P<'0[)R`^,34R/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@;6EL;&EO;B!A;F0@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,38Q/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;BP@<F5S<&5C=&EV96QY+"!W
M97)E(')E9FQE8W1E9"!O;B!T:&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y#
M;VUP86YY)B,X,C$W.W,@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C`[
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M;B!B;VYD<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%R92!R97!O<G1E9"!A
M="!T:&4@<&%R(&%M;W5N="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%T('1H
M92!T:6UE(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:7-S=6%N8V4@;V8@
M=&AE(&EN<W5R86YC92!P;VQI8WD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VQI;F4M:&5I
M9VAT.C$R<'0[(#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@;6%J;W)I='D@;V8@=&AE(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:6YT97)N871I;VYA;"!A;F0@<W1R=6-T
M=7)E9"!F:6YA;F-E(&EN<W5R86YC92!S96=M96YT)B,X,C$W.W,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!C87-E(&)A<VES(')E<V5R=F5S(&%N9"!I;G-U
M<F%N8V4@;&]S<R!R96-O=F5R:65S(')E8V]R9&5D(&EN(&%C8V]R9&%N8V4@
M=VET:"!'04%0('=E<F4@<F5L871E9"!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5&AE<V4@<F5S97)V
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M<'0[)R`^;F0@<F5C;W9E<FEE<R!O;B!F:6YA;F-I86P@9W5A<F%N=&5E(%9)
M17,@=&AA="!A<F4@96QI;6EN871E9"!I;B!C;VYS;VQI9&%T:6]N/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XN(%!O;&EC:65S(&EN<W5R:6YG(&-R961I="!D
M97)I=F%T:79E(&-O;G1R86-T<R!A<F4@86-C;W5N=&5D(&9O<B!A<R!D97)I
M=F%T:79E<R!A;F0@8V%R<FEE9"!A="!F86ER('9A;'5E('5N9&5R($=!05`N
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M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M.C$P<'0[)R`^=7)E9"!D97)I=F%T:79E<RP@:6YS=7)E9"!D97)I=F%T:79E
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M9F]N="US:7IE.C$P<'0[)R`^>2!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M86X[9F]N="US:7IE.C$P<'0[)R`^0V]R<"XF(S@R,3<[<RP@97AC;'5S:79E
M(&]F($U"24$@54LL(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97AP96-T960@
M9G5T=7)E(&-L86EM('!A>6UE;G1S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9F]R(&EN<W5R960@9&5R:79A=&EV97,@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YW97)E(&1I<V-O=6YT960@=7-I;F<@82!R871E(&]F(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^-2XQ-SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2P@=&AE
M('-A;64@<F%T92!I="!U<V5D('1O(&-A;&-U;&%T92!I=',@<W1A='5T;W)Y
M(&QO<W,@<F5S97)V97,@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$
M96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M;W-S(')E<V5R=F5S+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E1H97-E(&-R
M961I="!I;7!A:7)M96YT<RP@8V%L8W5L871E9"!I;B!A8V-O<F1A;F-E('=I
M=&@@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS=&%T=71O<GD@86-C;W5N=&EN
M9R!P<FEN8VEP;&5S("@F(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!T;R`F(S@R
M,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
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M9&ET(&1E<FEV871I=F4@8V]N=')A8W1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O
M;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T
M>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^4DU"4R!#87-E($)A<VES
M(%)E<V5R=F5S(&%N9"!296-O=F5R:65S("A&:6YA;F-I86P@1W5A<F%N=&5E
M<RD\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B8C
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M<W1I;6%T92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!O=&5N=&EA;"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FQO<W-E<R`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F%N9"!R96-O=F5R:65S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VX@
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M;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T
M.R<@/DEN(&-A;&-U;&%T:6YG('5L=&EM871E(&-U;75L871I=F4@;&]S<V5S
M(&9O<B!234)3+"!T:&4@0V]M<&%N>2!E<W1I;6%T97,@=&AE(&%M;W5N="!O
M9B!L;V%N<R!T:&%T(&%R92!E>'!E8W1E9"!T;R!B92!C:&%R9V5D+6]F9B`H
M9&5E;65D('5N8V]L;&5C=&EB;&4@8GD@<V5R=FEC97)S(&]F('1H92!T<F%N
M<V%C=&EO;G,I(&]R(&QI<75I9&%T960@:6X@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YT:&4@9G5T=7)E+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.W1E>'0M9&5C;W)A
M=&EO;CIU;F1E<FQI;F4[;6%R9VEN+6QE9G0Z,'!T.R<@/E-E8V]N9"UL:65N
M(%)-0E,@4F5S97)V97,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/E1H92!#;VUP86YY)B,X,C$W.W,@<V5C;VYD+6QI96X@4DU"4R!C87-E(&)A
M<VES(')E<V5R=F5S(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C
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M)R`^<75I='D@;&EN97,@;V8@8W)E9&ET("@F(S@R,C`[2$5,3T,F(S@R,C$[
M*2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"!C;&]S960M96YD('-E8V]N
M9"!M;W)T9V%G97,@*"8C.#(R,#M#15,F(S@R,C$[*2X\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I
M;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!2;VQL(%)A=&5S(&9O<B`S,"TU.2!D
M87D@9&5L:6YQ=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96YT(&QO86YS(&%N
M9"`V,"TX.2!D87D@9&5L:6YQ=65N="!L;V%N<R!A<F4@8V%L8W5L871E9"!O
M;B!A('1R86YS86-T:6]N+7-P96-I9FEC(&)A<VES+B!4:&4@0V]M<&%N>2!A
M<W-U;65S('1H870@=&AE(%)O;&P@4F%T92!F;W(@.3`K(&1A>2!D96QI;G%U
M96YT(&QO86YS+"!E>&-L=61I;F<@9F]R96-L;W-U<F5S(&%N9"!296%L($5S
M=&%T92!/=VYE9"`H)B,X,C(P.U)%3R8C.#(R,3LI(&ES(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^.34\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4N(%1H92!2
M;VQL(%)A=&5S(&%R92!A<'`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQI960@
M=&\@=&AE(&%M;W5N=',@:6X@=&AE(')E<W!E8W1I=F4@9&5L:6YQ=65N8WD@
M8G5C:V5T<R!B87-E9"!O;B!D96QI;G%U96YC:65S(&%S(&]F(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^3F]V96UB97(@,S`L/"]F;VYT/CQF;VYT('-T>6QE
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M;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/E)O;&P@4F%T97,@9F]R(&QO86YS('1H870@87)E(&-U<G)E;G0@87,@;V8@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y.;W9E;6)E<B`S,"P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`H)B,X,C(P.T-U<G)E;G0@4F]L;"!T;R!,
M;W-S)B,X,C(Q.RD@87)E(&%L<V\@8V%L8W5L871E9"!O;B!A('1R86YS86-T
M:6]N+7-P96-I9FEC(&)A<VES+B!!('!R;W!O<G1I;VX@;V8@;&]A;G,@<F5P
M;W)T960@8W5R<F5N="!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DYO
M=F5M8F5R(#,P+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&ES(&%S
M<W5M960@=&\@8F5C;VUE(&1E;&EN<75E;G0@979E<GD@;6]N=&@L(&%T(&$@
M0W5R<F5N="!2;VQL('1O($QO<W,@<F%T92!T:&%T('!E<CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<VES=',@870@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC
M=7)R96YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;&5V96P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!F;W(@82!T
M:6UE(&%N9"!S=6)S97%U96YT;'D@<W1A<G1S('1O(&1E8VQI;F4N($$@:V5Y
M(&%S<W5M<'1I;VX@:6X@=&AE(&UO9&5L(&ES('1H92!P97)I;V0@;V8@=&EM
M92!I;B!W:&EC:"!T:&4@0V]M<&%N>2!P<F]J96-T<R`\+V9O;G0^/&9O;G0@
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M86X[9F]N="US:7IE.C$P<'0[)R`^=&AR964@9&EF9F5R96YT('-C96YA<FEO
M<RP@8F%S92P@<W1R97-S(&%N9"!A9&1I/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YT:6]N86P@<W1R97-S+"!D:69F97(@:6X@=&AE(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<&5R:6]D(&]F('1I;64@9F]R('=H:6-H('1H92`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F-U<G)E;G0@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YL979E;',@;V8@0W5R<F5N="!2;VQL('1O($QO<W,@<F%T97,@<&5R<VES
M="X@3&]S<R!R97-E<G9E<R!A<F4@8V%L8W5L871E9"!B>2!U<VEN9R!A('=E
M:6=H=&5D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YA=F5R86=E(&]F('1H97-E(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=&AR964@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS8V5N87)I;W,L('=I
M=&@@=&AE(&UA:F]R:71Y(&]F('1H92!P<F]B86)I;&ET>2!A<W-I9VYE9"!T
M;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92!S=')E<W,@83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;F0@861D:71I;VYA;"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G-T<F5S<R!S8V5N87)I;W,@=VAE<F4@=&AE(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8W5R<F5N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&QE
M=F5L<R!O9B!#=7)R96YT(%)O;&P@=&\@3&]S<R!R871E<R!P97)S:7-T(&9O
M<B!S:7@@;W(@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE:6=H=&5E;B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FUO;G1H<R!B969O<F4@<F5V97)T:6YG('1O
M(&AI<W1O<FEC(&QE=F5L<RX@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M
M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M.C$P<'0[)R`^,C4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4@;V8@=&AE:7(@
M;&5V96QS(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3F]V96UB97(@
M,S`L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
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M92`S,"TU.2!D87ES(&1E;&EN<75E;G0@/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2P@86YD(')E8V5N
M="!P97)F;W)M86YC93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=E<F4@=&\\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!S=6=G97-T('1H870@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XS,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2!O9B!T
M:&]S92!L;V%N<R!W:6QL(&)E(&-H87)G960M;V9F+"!T:&4@0W5R<F5N="!2
M;VQL('1O($QO<W,@9F]R('1H92!T<F%N<V%C=&EO;B!I<R`\+V9O;G0^/&9O
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92!#=7)R
M96YT(%)O;&P@=&\@3&]S<R!W:6QL(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=&AE;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E9'5C92!L:6YE87)L>2!T
M;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(U/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XE(&]F(&ET<R!O<FEG:6YA;"!V86QU92!O=F5R('1H92!N97AT('-I
M>"!M;VYT:',@*&DN92XL(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^)2!W:6QL(&QI;F5A<FQY(')E9'5C92!T;R`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C`N-S4\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B4@;W9E<B!T:&4@<VEX(&UO;G1H<R!F<F]M(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^1&5C96UB97(@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^="!S:7@M;6]N=&@@<&5R:6]D
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@:6X@=&AE(&)A<V4@8V%S92!S8V5N
M87)I;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@0V]M<&%N>2!F=7)T
M:&5R(')E9'5C97,@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;W-S('1O(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2!B>3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&QA=&4@,C`Q-3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=I
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M)R`^;G-I<W1E;G0@=VET:"!H:7-T;W)Y+B!)/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE('-T<F5S<R!A;F0@
M861D:71I;VYA;"!S=')E<W,@8V%S92!S8V5N87)I;W,L(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=&AE($-U<G)E;G0@4F]L;"!T;R!,;W-S(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=')E;F1S('!E<G-I<W0@9F]R('-I>"!M;VYT:',@
M86YD(&5I9VAT965N(&UO;G1H<RP@<F5S<&5C=&EV96QY+"!B969O<F4@<F5V
M97)T:6YG('1O(&AI<W1O<FEC('1R96YD<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@861D:71I
M;VXL('1H92!#;VUP86YY(&-O;G-I9&5R<R!B;W)R;W=E<B!D<F%W(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<F%T97,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/BP@=F]L=6YT87)Y(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<')E<&%Y;65N
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M86X[9F]N="US:7IE.C$P<'0[)R`^<')I;6%R:6QY(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^869F96-T('1H92!E>&-E<W,@<W!R96%D(&=E;F5R871E9"!B
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M9F]N="US:7IE.C$P<'0[)R`^5&AE($-O;7!A;GD@=7-E<R!T:&4@='=E;'9E
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M9')A=W,@;VX@=&AE(&QI;F4N(%`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M871E(&EN<W5R960@9&5B="!O8FQI9V%T:6]N<R`H=&AE(&1I9F9E<F5N8V4@
M8F5T=V5E;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G)I;64@86YD($QO;F1O;B!);G1E<F)A;FL@3V9F97)E9"!2
M871E("@F(S@R,C`[3$E"3U(F(S@R,C$[*2!I;G1E<F5S="!R871E<RP@;6EN
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M0DE!($-O<G`N)B,X,C$W.W,@:6YS=7)A;F-E('!O;&EC>2!C;VYS:7-T96YT
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M96YT($U"24$F(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!R;V)A
M8FEL:71Y+7=E:6=H=&5D(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97-T:6UA
M=&5S(&]F(&AO=R!T<F%N<V%C=&EO;G,@=VEL;"!P97)F;W)M(&]V97(@=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:6UE+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O
M;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^07,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E
M;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M<G9E<R!T;W1A;&EN9R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XW,#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@86YD("0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/C$R-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL
M(')E<W!E8W1I=F5L>2P@<F5L871E9"!T;R!S96-O;F0M;&EE;B!234)3(&ES
M<W5E<R!A9G1E<B!T:&4@96QI;6EN871I;VX@;V8@)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,C$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@=&AE($-O
M;7!A;GD@:6YC=7)R960@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-S`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(&]F(&QO<W-E<R!A;F0@3$%%
M(')E8V]R9&5D(&EN(&5A<FYI;F=S(')E;&%T960@=&\@<V5C;VYD+6QI96X@
M4DU"4R!I<W-U97,@869T97(@=&AE(&5L/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YI;6EN871I;VX@;V8@82`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@97AP96YS92!A<R!A(')E
M<W5L="!O9B!C;VYS;VQI9&%T:6YG(%9)17,N/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M;'5N=&%R>2!A;F0@:6YV;VQU;G1A<GDI+B!(;W=E=F5R+"`\+V9O;G0^/&9O
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M:7IE.C$P<'0[)R`^268@86-T=6%L('!E<F9O<FUA;F-E('=E<F4@=&\@<F5M
M86EN(&%T('1H92!C=7)R96YT(&QE=F5L<R!F;W(@<VEX(&%D9&ET:6]N86P@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YM;VYT:#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<R!C;VUP87)E9"!T;R!T:&4@<')O/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YB86)I;&ET>2UW96EG:'1E9#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W5T8V]M93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&-U<G)E;G1L>2!U<V5D(&)Y('1H92!#;VUP86YY+"!T/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YH92!A9&1I=&EO;B!T;R!T:&4@8V%S92!B
M87-I<R!R97-E<G9E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=V]U;&0@8F4@87!P<F]X:6UA=&5L>2`D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XT-3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI
M;&QI;VXN/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I
M9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[=&5X="UD96-O<F%T:6]N.G5N9&5R
M;&EN93MM87)G:6XM;&5F=#HP<'0[)R`^4V5C;VYD+6QI96X@4DU"4R!296-O
M=F5R:65S/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M<'0[)R`^(&-O;7!L>2!W:71H(')E<')E<V5N=&%T:6]N<R!A;F0@=V%R<F%N
M=&EE<R`H)B,X,C(P.VEN96QI9VEB;&4@;&]A;G,F(S@R,C$[*2!A;F0@97AC
M97-S('-P<F5A9"!T:&%T(&ES(&=E;F5R871E9"!F<F]M('!E<F9O<FUI;F<@
M;&]A;G,@:6X@=&AE(&EN<W5R960@=')A;G-A8W1I;VYS+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R
M9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^17AC97-S
M(%-P<F5A9#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^07,@;V8@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(')E
M<W!E8W1I=F5L>2P@9F]R('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M)R`^(&T\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEL;&EO;BP@<F5S<&5C=&EV
M96QY+"!A<R!A(')E<W5L="!O9B!C;VYS;VQI9&%T:6YG(%9)17,N($%S(&]F
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@86YD("0\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C(W/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M;6EL;&EO;B!W97)E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YC;'5D960@
M:6X@)B,X,C(P.TEN<W5R86YC92!L;W-S(')E8V]V97)A8FQE)B,X,C(Q.R!A
M;F0@)B,X,C(P.TQO<W,@86YD(&QO<W,@861J=7-T;65N="!E>'!E;G-E(')E
M<V5R=F5S)B,X,C(Q.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&]N('1H92!#
M;VUP86YY)B,X,C$W.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+"!R
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W!E8W1I=F5L>2P@869T97(@=&AE
M(&5L:6UI;F%T:6]N(&]F("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C$S,CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@86YD("0\+V9O;G0^/&9O
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M,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/BP@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-C0W/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@;6EL;&EO;B!A;F0@)#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,S0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N('<\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F5R92!I;F-L=61E9"!I;B`F(S@R,C`[26YS=7)A
M;F-E(&QO<W,@<F5C;W9E<F%B;&4F(S@R,C$[(&%N9"`F(S@R,C`[3&]S<R!A
M;F0@;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@<F5S97)V97,F(S@R,C$[(&]N
M('1H92!#;VUP86YY)B,X,C$W.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE
M971S+"!R97-P96-T:79E;'DL(&%F=&5R('1H92!E;&EM:6YA=&EO;B!O9B`D
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ.#,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!M:6QL:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XW/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;BP@<F5S<&5C=&EV96QY+"!A
M<R!A(')E<W5L="!O9B!C;VYS;VQI9&%T:6YG(%9)17,N(#PO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R
M9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^17AC97-S('-P<F5A9"!I<R!G96YE<F%T
M960@8GD@<&5R9F]R;6EN9R!L;V%N<R!W:71H:6X@:6YS=7)E9"!S96-O;F0M
M;&EE;B!234)3('-E8W5R:71I>F%T:6]N<R!A;F0@:7,@=&AE(&1I9F9E<F5N
M8V4@8F5T=V5E;B!I;G1E<F5S="!I;F9L;W=S(&]N(&UO<G1G86=E(&QO86X@
M8V]L;&%T97)A;"!A;F0@:6YT97)E<W0@;W5T9FQO=W,@;VX@:6YS=7)E9"!B
M96YE9FEC:6%L(&EN=&5R97-T<RX@5&AE(&%M;W5N="!O9B!E>&-E<W,@<W!R
M96%D(&1E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YP96YD<R!O;B!T:&4@9G5T
M=7)E(&QO<W,@=')E;F1S("AW:&EC:"!I;F-L=61E(&9U='5R92!D96QI;G%U
M96YC>2!T<F5N9',L(&%V97)A9V4@=&EM92!T;R!C:&%R9V4M;V9F(&1E;&EN
M<75E;G0@;&]A;G,L(&%N9"!T:&4@879A:6QA8FEL:71Y(&]F('!O;VP@;6]R
M=&=A9V4@:6YS=7)A;F-E*2P@=&AE(&9U='5R92!S<')E860@8F5T=V5E;B!0
M<FEM92!A;F0@3$E"3U(@:6YT97)E<W0@<F%T97,[(&%N9"!B;W)R;W=E<B!R
M969I;F%N8VEN9R!B96AA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YV:6]R('=H
M:6-H(')E<W5L=',@:6X@=F]L=6YT87)Y('!R97!A>6UE;G1S+B!-:6YO<B!D
M979I871I;VYS(&EN(&QO<W,@=')E;F1S(&%N9"!V;VQU;G1A<GD@<')E<&%Y
M;65N=',@;6%Y('-U8G-T86YT:6%L;'D@:6UP86-T('1H92!A;6]U;G1S(&-O
M;&QE8W1E9"!F<F]M(&5X8V5S<R!S<')E860N(%9O;'5N=&%R>2!P<F5P87EM
M96YT(')A=&5S(&=E;F5R86QL>2!I;F-R96%S960@9F]R(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<B!E
M;F1E9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M871E9"!R96-O=F5R:65S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI
M8SMM87)G:6XM;&5F=#HP<'0[)R`^26YE;&EG:6)L92!-;W)T9V%G92!,;V%N
M<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&\@9&%T92P@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#Y-0DE!(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:&%S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V5T=&QE9"!T:&4@;6%J
M;W)I='D@;V8@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0V]M<&%N>28C
M.#(Q-SMS(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<'5T+6)A8VL@8VQA:6US
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI
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M=&AE(#(P,#<M,B!(;VUE($5Q=6ET>2!-;W)T9V%G92!4<G5S="`H)B,X,C(P
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^4F5F97(@=&\@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XF(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y.;W1E
M(#(Q.B!#;VUM:71M96YT<R!A;F0@0V]N=&EN9V5N8VEE<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^)B,X,C(Q.R!F;W(@83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9&1I=&EO;F%L(&EN9F]R;6%T:6]N(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86)O=70@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&ET:6=A=&EO
M;B!A9V%I;G-T(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0W)E9&ET(%-U:7-S
M92X\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%S(&]F(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@0V]M<&%N>2!R96-O<F1E
M9"!E<W1I;6%T960@<F5C;W9E<FEE<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V8@)#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^,S<Y/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:6QL:6]N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD
M("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C,U.3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&UI;&P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEO;BP@<F5S<&5C
M=&EV96QY+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E;&%T960@=&\@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YI=',@0W)E9&ET(%-U:7-S92`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G!U="UB86-K(&-L86EM<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+"!R969L96-T960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!I
M;B`F(S@R,C`[3&]A;B!R97!U<F-H87-E(&-O;6UI=&UE;G1S)B,X,C(Q.R!P
M<F5S96YT960@=6YD97(@=&AE(&AE861I;F<@)B,X,C(P.T%S<V5T<R!O9B!C
M;VYS;VQI9&%T960@=F%R:6%B;&4@:6YT97)E<W0@96YT:71I97,F(S@R,C$[
M(&]N('1H92!#;VUP86YY)B,X,C$W.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@
M<VAE971S+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
M.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-O;7!A;GD@8F5L:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^979E<R!T:&%T(&ET('=I;&P@<')E=F%I;"!I;B!E;F9O
M<F-I;F<@:71S(&-O;G1R86-T=6%L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<'5T+6)A8VL@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR:6=H=',@86=A:6YS
M="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M<'0[)R`^;B!A9V%I;G-T(&]T:&5R('-E;&QE<G,O<V5R=FEC97)S+"!T:&4@
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M:7IE.C$P<'0[)R`^(&UI;&QI;VX@=&AR;W5G:"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+B!4:&4@0V]M<&%N>2!I<R!A;'-O(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^96YT:71L960@=&\@8V]L;&5C="!I;G1E<F5S="!O;B!A;6]U;G1S('!A
M:60[(&ET(&)E;&EE=F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,@=&AA="!I
M;B!C;VYT97AT(&]F(&ET<R!P=70M8F%C:R!L:71I9V%T:6]N+"!T:&4@87!P
M<F]P<FEA=&4@<F%T92!S:&]U;&0@8F4@=&AE($YE=R!9;W)K(%-T871E('-T
M871U=&]R>2!R871E+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^871U=&]R>2!R871E+CPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^3F]T=VET:'-T86YD:6YG('1H92!F
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M.C$P<'0[)R`^=VET:"!R97-P96-T('1O('1H92!U;'1I;6%T92!O=71C;VUE
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M86X[9F]N="US:7IE.C$P<'0[)R`^9"!O;B!T:&4@86UO=6YT(&]F(&EN8W5R
M<F5D(&QO<W-E<R!M96%S=7)E9"!A9V%I;G-T(&-E<G1A:6X@<')O8F%B:6QI
M=&EE<R!O9B!U;'1I;6%T92!R97-O;'5T:6]N(&]F('1H92!D:7-P=71E('=I
M=&@@0W)E9&ET(%-U:7-S92X@36]S="!O9B!T:&4@<')O8F%B:6QI='D@=V5I
M9VAT(&ES(&%S<VEG;F5D('1O('!A<G1I86P@<F5C;W9E<GD@<V-E;F%R:6]S
M(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^5&AE($-O;7!A;GD@8V]N=&EN=65S('1O(&-O;G-I9&5R(&%L;"!R96QE
M=F%N="!F86-T<R!A;F0@8VER8W5M<W1A;F-E<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X@9&5V96QO<&EN9R!I
M=',@87-S=6UP=&EO;G,@;VX@97AP96-T960@8V%S:"!I;F9L;W=S+"!P<F]B
M86)I;&ET>2!O9B!P;W1E;G1I86P@<F5C;W9E<FEE<R`H:6YC;'5D:6YG('1H
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M+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.W1E>'0M9&5C;W)A=&EO;CIU;F1E<FQI;F4[
M;6%R9VEN+6QE9G0Z,'!T.R<@/D9I<G-T+6QI96X@4DU"4R!297-E<G9E<SPO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GDF(S@R
M,3<[<R!F:7)S="UL:65N(%)-0E,@8V%S92!B87-I<R!R97-E<G9E<R!A<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"!W:&EC:"!P<FEM87)I;'D@<F5L871E
M('1O(%)-0E,@8F%C:V5D(&)Y(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86QT
M97)N871I=F4@02UP87!E<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"!S
M=6)P<FEM92!M;W)T9V%G92!L;V%N<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=E<F4@9&5T97)M:6YE9"!U<VEN
M9R!T:&4@4F]L;"!283PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&4@365T:&]D
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M.C$P<'0[)R`^)2P@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XY,#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^)2!A;F0@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XW
M-3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2P@<F5S<&5C=&EV96QY+B!2;VQL
M(%)A=&5S(&9O<B!C=7)R96YT+"`S,"TU.2!D87D@9&5L:6YQ=65N="!L;V%N
M<RP@-C`M.#D@9&%Y(&1E;&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYQ=65N
M="!L;V%N<R!A;F0@.3`K(&1A>2!D96QI;G%U96YT(&QO86YS(&%R92!C86QC
M=6QA=&5D(&]N(&$@=')A;G-A8W1I;VXM<W!E8VEF:6,@8F%S:7,N(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^5&AE($,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G5R<F5N="!2;VQL('1O($QO<W,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!R
M871E<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-T87D@870@=&AE(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^3F]V96UB97(@,S`L/"]F;VYT/CQF;VYT('-T
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M)R`^;VYE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6]N=&@@8F5F;W)E(&1E
M8VQI;FEN9R!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(U/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XE(&]F('1H:7,@;&5V96P@;W9E<B!A(#(T+6UO;G1H
M('!E<FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]D+B`\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I
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M92!D871A(&9O<B`Y,"L@9&%Y(&1E;&EN<75E;G0@;&]A;G,N($EN('1H92!S
M=')E<W,@<V-E;F%R:6\L('1H92!#;VUP86YY(&%S<W5M97,@82`\+V9O;G0^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&1E86P@87)E(&%N
M(&%V97)A9V4@;V8@=&AE(&1E86PM<W!E8VEF:6,@4F]L;"!2871E('5S960@
M:6X@=&AE(&)A<V4@<V-E;F%R:6\@86YD('1H92`Y,"4@<F%T92X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y4:&4@4F]L;"!2871E<R!A<F4@87!P;&EE9"!T
M;R!T:&4@86UO=6YT<R!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5A8V@@
M9&5A;"8C.#(Q-SMS(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5S<&5C=&EV
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/CDP*R`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F1E;&EN<75E;F-Y(&)U8VME="!B87-E9"!O;B!D96QI;G%U96YC
M:65S(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3F]V96UB97(@,S`L
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M,3!P=#LG(#YI;B!O<F1E<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1O(&5S
M=&EM871E(&9U='5R92!L;W-S97,@9G)O;2!L;V%N<R!T:&%T(&%R92!D96QI
M;G%U96YT(&%S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V8@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I
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M:7IE.C$P<'0[)R`^;&4N(%1H92!T:6UE('1O(&QI<75I9&%T:6]N(&9O<B!A
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M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M9F]N="US:7IE.C$P<'0[)R`^:6YV96YT;W)Y+"`\+V9O;G0^/&9O;G0@<W1Y
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M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T
M.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&UI;&QI;VX@<F5L871E9"!T;R!F:7)S="UL:65N(%)-0E,@:7-S=65S+B!!
M<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@0V]M<&%N>2!E<W1A8FQI
M<VAE9"!L;W-S(&%N9"!,044@<F5S97)V97,@=&]T86QI;F<@)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,C0Q/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M86X[9F]N="US:7IE.C$P<'0[)R`^,CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&UI;&QI;VX@87,@82!R97-U;'0@;V8@8V]N<V]L:61A=&EN9R!6245S+B!&
M;W(@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<B!E;F1E9#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C
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M/FQI;6EN871I;VX@;V8@82`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!E>'!E;G-E(&%S(&$@<F5S
M=6QT(&]F(&-O;G-O;&ED871I;F<@5DE%<RX\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB
M;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF
M;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^375L=&DM<V5C
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M4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^+"!A
M;F0@2&EG:"!9:65L9"!#;W)P;W)A=&4@0T1/<SPO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O
M='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^34))028C.#(Q-SMS(&EN<W5R960@(&UU;'1I+7-E
M8W1O<B!#1$]S(&%R92!T<F%N<V%C=&EO;G,@=&AA="!I;F-L=61E(&$@=F%R
M:65T>2!O9B!C;VQL871E<F%L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F%N
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M<'0[)R`^('!O;&EC:65S(&]R(&-R961I="!D97)I=F%T:79E<R!W:71H('1H
M92!M86IO<FET>2!C=7)R96YT;'D@:6YS=7)E9"!I;B!T:&4@9F]R;2!O9B!F
M:6YA;F-I86P@9W5A<F%N=&5E<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T
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M969E<B!T;R`F(S@R,C`[3F]T92`Y.B!$97)I=F%T:79E($EN<W1R=6UE;G1S
M)B,X,C(Q.R!F;W(@82!F=7)T:&5R(&1I<V-U<W-I;VX@;V8@=&AE($-O;7!A
M;GDF(S@R,3<[<R!U<V4@;V8@9&5R:79A=&EV97,@86YD('1H96ER(&EM<&%C
M="!O;B!T:&4@0V]M<&%N>28C.#(Q-SMS(&-O;G-O;&ED871E9"!F:6YA;F-I
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"!S=&%T96UE;G1S+CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(%-I;F-E('1H92!#;VUP86YY)B,X,C$W.W,@:6YS
M=7)E9"!C<F5D:70@9&5R:79A=&EV97,@:&%V92!S:6UI;&%R('1E<FUS+"!C
M;VYD:71I;VYS+"!R:7-K<RP@86YD(&5C;VYO;6EC('!R;V9I;&5S('1O(&ET
M<R!F:6YA;F-I86P@9W5A<F%N=&5E(&EN<W5R86YC92!P;VQI8VEE<RP@=&AE
M($-O;7!A;GD@979A;'5A=&5S('1H96T@9F]R(&EM<&%I<FUE;G0@:6X@=&AE
M('-A;64@=V%Y('1H870@:70@97-T:6UA=&5S(&QO<W,@86YD($Q!/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y%(&9O<B!I=',@9FEN86YC:6%L(&=U87)A;G1E
M92!P;VQI8VEE<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I
M9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DU"
M24$F(S@R,3<[<R!H:6=H('EI96QD(&-O<G!O<F%T92!#1$\@<&]R=&9O;&EO
M(&,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]M<')I<V5S(&UI9&1L92UM87)K
M970O<W!E8VEA;"T\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]P<&]R='5N:71Y
M(&-O<G!O<F%T92!L;V%N('1R86YS86-T:6]N<RX@5&AE<V4@=')A;G-A8W1I
M;VYS('=E<F4@:6YS=7)E9"!A<R!F:6YA;F-I86P@9W5A<F%N=&5E(&EN<W5R
M86YC92!P;VQI8VEE<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
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M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:&4@0V]M<&%N>2!C;VYS:61E<G,@<V5V97)A;"!F86-T;W)S('=H
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D5A8V@@=')A;G-A8W1I;VX@:7,@979A
M;'5A=&5D(&9O<B!I=',@8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VUM=71A
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!U;F1E<B!D:69F97)E;G0@9&5F
M875L="!A;F0@<V5V97)I='D@<F%T97,@9F]R(&5A8V@@=')A;G-A8W1I;VXF
M(S@R,3<[<R!C;VQL871E<F%L+CPO9F]N=#X\+VQI/CPO=6P^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O
M;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!A<W-O8VEA=&5D
M('=I=&@@=&AO<V4@9&5F875L=',N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O9CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB
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M9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92!#;VUP86YY(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^97-T86)L:7-H960\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO<W,@86YD($Q!12!R97-E
M<G9E<R!T;W1A;&EN9R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI
M;&QI;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@)#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^,3(W/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M=#LG(#YE;&EM:6YA=&EO;B!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR
M,C4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86YD("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(R-CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(')E<W!E8W1I=F5L>2P@
M87,@82!R97-U;'0@;V8@8V]N<V]L:61A=&EN9SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(%9)17,N($9O<B!T:&4@>65A<B!E;F1E9"!$96-E;6)E<B`S,2P@
M,C`Q-"P@=&AE($-O;7!A;GD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI;F-U
M<G)E9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XS,SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&UI;&QI;VX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO9B!L
M;W-S97,@86YD($Q!12!R96-O<F1E9"!I;B!E87)N:6YG<R!R96QA=&5D('1O
M('1H92!T;W1A;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-$3R!F:6YA;F-I
M86P@9W5A<F%N=&5E(&EN<W5R83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F-E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&]R=&9O;&EO/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@869T97(@=&AE(&5L:6UI;F%T:6]N(&]F(&$@)#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI
M;&QI;VX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YB96YE9FET(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^87,@82!R97-U;'0@;V8@8V]N<V]L:61A=&EN9R!6
M245S+B!);B!T:&4@979E;G0@;V8@9G5R=&AE<B!D971E<FEO<F%T:6YG('!E
M<F9O<FUA;F-E(&]F('1H92!C;VQL871E<F%L(')E9F5R96YC960@;W(@:&5L
M9"!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1O=&%L(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^0T1/(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&]R=&9O
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<W5B<W1A;G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEA;&QY+CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT
M.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/DQO
M<W,@86YD($Q!12!!8W1I=FET>3PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C0N
M-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[=&5X="UD96-O
M<F%T:6]N.G5N9&5R;&EN93MM87)G:6XM;&5F=#HP<'0[)R`^1FEN86YC:6%L
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M9F]N="US:7IE.C$P<'0[)R`^9F]R('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/GEE87)S(&5N9&5D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$S(&%N
M9"`R,#$R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@87)E('!R97-E;G1E9"!I
M;B!T:&4@9F]L;&]W:6YG('1A8FQE.CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\
M=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN
M+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y9
M96%R($5N9&5D($1E8V5M8F5R(#,Q+"`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-C(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P
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M=&@Z,C8R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^4V5C;VYD+6QI96X@4DU"4SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-3$I/"]F;VYT/CPO=&0^
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1FER<W0M;&EE
M;B!234)3/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@W,"D\+V9O
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M,#`P,#`P.R<@/C$T-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#D\+V9O;G0^/"]T9#X\=&0@
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M86-K.VUI;BUW:61T:#HR-C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&]S<V5S(&%N9"!,044@97AP96YS92`H8F5N969I="D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3,S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3$W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#8N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C5P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?
M7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#8N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M($EN
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^1F]R(#(P,30L('1H92!I;F-R96%S92!I;B!L;W-S97,@
M86YD($Q!12!E>'!E;G-E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@:6X@=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:&4@<')E8V5D:6YG('1A8FQE+"!C;VUP87)E9"!W:71H(#(P,3,@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YP<FEM87)I;'D@<F5L871E9"!T;R!I;F-R96%S
M97,@:6X@;&]S<V5S(&%N9"!,044@<F5L871E9"!T;R!E>'!E8W1E9"!P87EM
M96YT<R!O;B!I;G-U<F5D(&9I<G-T+6QI96X@4DU"4R!A;F0@:&EG:"!Y:65L
M9"!C;W)P;W)A=&4@0T1/<R!A;F0@9&5C<F5A<V5S(&EN(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<F5C;W9E<FEE<R!O9B!E>'!E8W1E9"!P87EM96YT<R!A
M<R!A(')E<W5L="!O9B!L;W=E<B!P<F]J96-T960@8V]L;&5C=&EO;G,@9G)O
M;2!E>&-E<W,@<W!R96%D('=I=&AI;B!I;G-U<F5D('-E8V]N9"UL:65N(%)-
M0E,@<V5C=7)I=&EZ871I;VYS+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(%!A
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y&;W(@
M,C`Q,RP@=&AE(&EN8W)E87-E(&EN(&QO<W-E<R!A;F0@3$%%(&5X<&5N<V4L
M(&EN('1H92!P<F5C961I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN9R!T86)L
M92P@8V]M<&%R960@=VET:"`R,#$R+"!P<FEM87)I;'D@<F5L871E9"!T;R!I
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M;G,N(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^0V]S=',@87-S
M;V-I871E9"!W:71H(')E;65D:6%T:6YG(&EN<W5R960@;V)L:6=A=&EO;G,@
M87-S:6=N960@=&\@=&AE($-O;7!A;GDF(S@R,3<[<R!S=7)V96EL;&%N8V4@
M8V%T96=O<FEE<R!A<F4@<F5C;W)D960@83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<R!,044@86YD(&EN8VQU9&5D(&EN("8C.#(R,#M,;W-S97,@86YD(&QO
M<W,@861J=7-T;65N="8C.#(R,3L@97AP96YS97,@;VX@=&AE($-O;7!A;GDF
M(S@R,3<[<R!C;VYS;VQI9&%T960@<W1A=&5M96YT<R!O9B!O<&5R871I;VYS
M+B!&;W(@=&AE('EE87)S(&5N9&5D($1E8V5M8F5R(#,Q+"`R,#$T+"`R,#$S
M(&%N9"`R,#$R+"!G<F]S<R!,044@<F5L871E9"!T;R!R96UE9&EA=&EN9R!I
M;G-U<F5D(&]B;&EG871I;VYS('=E<F4@)#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,S8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+"`D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XU-SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI
M;&QI;VX@86YD/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@)#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^,3,W/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO
M;BP@<F5S<&5C=&EV96QY+B!$96-R96%S97,@:6X@3$%%(&%R92!D=64@=&\@
M;&]W97(@;&ET:6=A=&EO;B!E>'!E;G-E<R!A<R!A(')E<W5L="!O9B!S971T
M;&5M96YT<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^86)L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:61E/"]F;VYT/CQF;VYT('-T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<FT\+V9O
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M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F)O=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O
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M)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6$\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YG=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0@<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^96P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F0@8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&$\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FT\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F5A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC:"`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^33PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^0CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M23PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^)B,X,C$W.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<G8\+V9O
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M="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:64\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\+W`^/"]D:78^
M/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[
M;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#$T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S4R+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,U,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y3=7)V96EL;&%N8V4@0V%T96=O<FEE<SPO9F]N
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-3,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#875T:6]N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C4U+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4U+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-A=71I;VX\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0V%U=&EO;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&ES=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y,:7-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DQI<W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3@N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-34N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VQA<W-I9FEE9#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^)"!I;B!M:6QL:6]N<SPO9F]N
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M:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]W/"]F;VYT/CPO=&0^/'1D('-T
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M<CHC,#`P,#`P.R<@/DUE9&EU;3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI<W0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-34N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3<V+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y.=6UB97(@;V8@<&]L:6-I97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,X/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^.3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<U/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,S$U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R(&]F(&ES
M<W5E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q.3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$T-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-S8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E
M;6%I;FEN9R!W96EG:'1E9"!A=F5R86=E(&-O;G1R86-T(#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/G!E<FEO9"`H:6X@>65A
M<G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BXP
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3`N,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<N,#PO
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M;VQO<CHC,#`P,#`P.R<@/C<N-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-S8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D=R
M;W-S(&EN<W5R960@8V]N=')A8W1U86P@<&%Y;65N=',@/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C@N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-C@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/F]U
M='-T86YD:6YG.CPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
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M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^4')I;F-I<&%L/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-S4W/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ+#,W,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX+#`P,3PO
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3$L,C8S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-CDV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#$Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
M+#`S-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0L-C(P/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M8VL[;6EN+7=I9'1H.C$U,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#0U,SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M+#$Y,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$L,#,X/"]F;VYT
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$U+#@X,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S8N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S($-L
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@U
M,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D
M97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XX-3`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<V+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,97-S.CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y'<F]S<R!0;W1E;G1I86P@4F5C;W9E<FEE<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.#8P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#8P/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ-C@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-C@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D1I<V-O=6YT+"!N970\+V9O;G0^/'-U<#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.
M970@8VQA:6T@;&EA8FEL:71Y("AR96-O=F5R86)L92D\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C0I
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R-"D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5;F5A
M<FYE9"!P<F5M:75M(')E=F5N=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C@P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$V-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-S8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?
M7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ;&5F
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M:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M,#`P,#`P.R<@/B@Q*2`M($%N("8C.#(R,#MI<W-U928C.#(R,3L@<F5P<F5S
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@R*2`M(%)E<')E<V5N=',@8V]N=')A8W1U
M86P@<')I;F-I<&%L(&%N9"!I;G1E<F5S="!P87EM96YT<R!D=64@8GD@=&AE
M(&ES<W5E<B!O9B!T:&4@;V)L:6=A=&EO;G,@:6YS=7)E9"!B>2!-0DE!+B`\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q.2!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I("T@4F5P<F5S96YT<R!D:7-C;W5N
M="!R96QA=&5D('1O($=R;W-S($-L86EM($QI86)I;&ET>2!A;F0@1W)O<W,@
M4&]T96YT:6%L(%)E8V]V97)I97,N(#PO9F]N=#X\+W1D/CPO='(^/"]T86)L
M93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W=I;CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F%B;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9W4\+V9O;G0^/&9O;G0@
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^8FEL:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;'5D
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V@@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YO9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P
M,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/CH\+V9O;G0^/"]P/CPO9&EV/CQD
M:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA
M<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:#HS-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4W5R=F5I;&QA;F-E($-A=&5G;W)I97,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M0V%U=&EO;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#875T:6]N/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4U+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-A=71I;VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI<W0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3&ES=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,
M:7-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4U+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4U+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-L87-S:69I960\+V9O
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B0@:6X@;6EL;&EO;G,\+V9O;G0^
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO=SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y-961I=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^2&EG:#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,:7-T/"]F
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$W-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3G5M8F5R(&]F('!O;&EC:65S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y,CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C(Y.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S8N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYU;6)E<B!O9B!I<W-U
M97,\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,V/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3@P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5M
M86EN:6YG('=E:6=H=&5D(&%V97)A9V4@8V]N=')A8W0@/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@
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M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V."XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^<&5R:6]D("AI;B!Y96%R
M<RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$Q+C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+CD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ,2XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2XU/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.2XW/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O
M<W,@:6YS=7)E9"!C;VYT<F%C='5A;"!P87EM96YT<R`\+V9O;G0^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
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M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V."XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^;W5T
M<W1A;F1I;F<Z/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8V]L;W(Z(S`P,#`P,#LG(#Y0<FEN8VEP86P\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2PR.3`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$L,#<S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-RPX-C$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$T+#(V-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0\+V9O;G0^/"]T9#X\=&0@
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C,L.#(Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@L-C,R/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M8VL[;6EN+7=I9'1H.C$U,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY+#$Q.3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M+#,R-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XV-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BPS.#<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C(L.#DV/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,@0VQA
M:6T@3&EA8FEL:71Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93ID
M;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PR
M,S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2PR,S4\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<V
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,97-S.CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y'<F]S<R!0;W1E;G1I86P@4F5C;W9E<FEE<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PP.#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`X
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M8V]L;W(Z(S`P,#`P,#LG(#Y$:7-C;W5N="P@;F5T/"]F;VYT/CQS=7`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO<W5P/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M,#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#4\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3<V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y.970@8VQA:6T@;&EA8FEL:71Y("AR96-O=F5R86)L92D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@U-2D\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3<V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y5;F5A<FYE9"!P<F5M:75M(')E=F5N=64\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3(\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XY-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,C<\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0Q.2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0Q.2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@
M06X@)B,X,C(P.VES<W5E)B,X,C(Q.R!R97!R97-E;G1S('1H92!A9V=R96=A
M=&4@;V8@9FEN86YC:6%L(&=U87)A;G1E92!P;VQI8VEE<R!T:&%T('-H87)E
M('1H92!S86UE(')E=F5N=64@<V]U<F-E(&9O<B!P=7)P;W-E<R!O9B!M86MI
M;F<@9&5B="!S97)V:6-E('!A>6UE;G1S+B`\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0Q.2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(I("T@4F5P<F5S96YT<R!C;VYT<F%C='5A;"!P<FEN8VEP86P@86YD
M(&EN=&5R97-T('!A>6UE;G1S(&1U92!B>2!T:&4@:7-S=65R(&]F('1H92!O
M8FQI9V%T:6]N<R!I;G-U<F5D(&)Y($U"24$N(#PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#$Y(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!O9B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=&AE(&=R;W-S(&-L86EM(&QI86)I;&ET>2!P
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&=R;W-S('!O
M=&5N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6%L(')E8V]V97)I97,\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
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M:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^('1O(&EN<W5R960@<V5C;VYD+6QI96X@4DU"4R`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F%N9"!5+E,N('!U8FQI8R!F:6YA;F-E(&ES<W5E<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8G)O9V%T:6]N
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M<'0[)R`^;&EA8FEL:71Y(&AA<R!B965N('-A=&ES9FEE9"!A;F0@34))028C
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M86X[9F]N="US:7IE.C$P<'0[)R`^;'5E(&]F('!R;VIE8W1E9"!F=71U<F4@
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M;&EA8FEL:71Y(&%N9"!G<F]S<R!P;W1E;G1I86P@<F5C;W9E<FEE<R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G)E9FQE8W0@=&AE(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^96QI;6EN871I;VX@;V8@8VQA:6T@;&EA8FEL:71I97,@86YD
M('!O=&5N=&EA;"!R96-O=F5R:65S(')E;&%T960@=&\@5DE%<R!C;VYS;VQI
M9&%T960@8GD@=&AE($-O;7!A;GDN/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T
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M<R`F(S@R,C`[0VQA<W-I9FEE9"!,:7-T/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M92!P<F5C961I;F<@=&%B;&5S+CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\=&%B
M;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O
M<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV."XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8X+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,3`N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3`N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-RXR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C<W+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^07,@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-BXW
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-RXR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D1E8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C8N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8V+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HV."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8X+C(U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(Q."XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q
M."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]S<R!R
M97-E<G9E<R`H8VQA:6T@;&EA8FEL:71Y*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-C0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-CDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q."XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3$%%(')E<V5R=F5S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C8N-S5P
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M,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]S<R!A
M;F0@3$%%(')E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3`V/"]F;VYT/CPO
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C8T,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3`N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,3`N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E(&-L
M86EM(&QO<W,@<F5C;W9E<F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4S,RD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-CDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@V.30I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C8N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C8N-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C8X+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C@N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C$X+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$X+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,044@:6YS=7)A
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q,"XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E(&QO<W,@<F5C;W9E<F%B
M;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-CDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-3,S*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CDN-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3`N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3`N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q."XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5I;G-U<F%N8V4@<F5C;W9E<F%B
M;&4@;VX@=6YP86ED(&QO<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C8N-S5P
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296EN<W5R86YC92!R96-O=F5R
M86)L92!O;B!U;G!A:60@3$%%(')E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^4F5I;G-U<F%N8V4@<F5C;W9E<F%B;&4@;VX@<&%I
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CDN
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8V+C<U<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^07,@;V8@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/BP@;&]S<R!A;F0@3$%%(')E<V5R=F5S(&EN8VQU9&4@)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^-C4S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!P87)T:6%L;'D\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!O9F9S970@8GD@97AP96-T960@<F5C;W9E<FEE<R!O
M9B!S=6-H(&9U='5R92!P87EM96YT<R!O9B`D/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XQ-#<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+B!!<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"!L;W-S(&%N9"!,044@<F5S97)V97,@
M:6YC;'5D960@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.#0W/"]F;VYT/CQF
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M:7IE.C$P<'0[)R`^<R!F;W(@97AP96-T960@9G5T=7)E('!A>6UE;G1S/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#XL('!A<G1I86QL>3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&]F9G-E="!B>2!E>'!E8W1E9"!R96-O=F5R:65S(&]F('-U
M8V@@9G5T=7)E('!A>6UE;G1S(&]F("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/C(P-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXN(#PO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P
M=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O9B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!R96-O=F5R
M86)L92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!R:6UA<FEL>2`\+V9O;G0^
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=')A
M;G-A8W1I;VYS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^5&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&5C<F5A
M<V4@:6X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YN<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<F%N8V4@;&]S<R!R96-O=F5R86)L92`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G=A<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<')I;6%R:6QY(&1U92!T;R!D96-R96%S97,@
M:6X@<'(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]J96-T960@8V]L;&5C=&EO
M;G,@9G)O;2!E>&-E<W,@<W!R96%D('=I=&AI;B!I;G-U<F5D('-E8V]N9"UL
M:65N(%)-0E,@<V5C=7)I=&EZ871I;VYS+B`\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T
M;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN
M+6QE9G0Z,'!T.R<@/E1H92!F;VQL;W=I;F<@=&%B;&4@<')E<V5N=',@=&AE
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86UO=6YT<R!O9B!T:&4@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y#;VUP86YY)B,X,C$W.W,@<V5C;VYD+6QI96X@
M4DU"4R!E>'!O<W5R92P@9W)O<W,@=6YD:7-C;W5N=&5D(&-L86EM(&QI86)I
M;&ET>2!A;F0@<&]T96YT:6%L(')E8V]V97)I97,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B!R96QA=&5D('1O(&YO;BUC;VYS;VQI/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YD871E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:65D($QI<W0L)B,X,C(Q.R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S(&]F
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF
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M.C(Q-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4V5C;VYD+6QI96X@4DU"4R!%>'!O<W5R93PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,3=P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Q-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^3W5T<W1A;F1I;F<\+V9O;G0^/"]T9#X\=&0@
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M<CHC,#`P,#`P.R<@/D=R;W-S(%5N9&ES8V]U;G1E9"`\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(P.2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P.2XR-7!T.R`^/"]T9#X\
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y'<F]S<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-31P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4T<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-L
M86EM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E!O=&5N=&EA;#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&)I;&QI;VYS/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#Y0<FEN8VEP86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI='D\+V9O;G0^
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M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^4F5C;W9E<FEE<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,38N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,38N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYO
M;BUC;VYS;VQI9&%T960@5DE%<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXY/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N.3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N,3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XP
M+C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,C$V+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$V+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VYS;VQI9&%T960@5DE%<SPO
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C`N-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,"XU/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM
M8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+B!#:&%N9V5S(&EN('1H92!L;W-S(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<F5S97)V97,@871T<FEB=71A8FQE('1O('1H92!A
M8V-R971I;VX@;V8@=&AE(&-L86EM(&QI86)I;&ET>2!D:7-C;W5N="P@8VAA
M;F=E<R!I;B!D:7-C;W5N="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@=V5I9VAT960@879E<F%G92!R:7-K
M+69R964@<F%T92!U<V5D('1O(&1I<V-O=6YT('1H92!#;VUP86YY)B,X,C$W
M.W,@;&]S<R!R97-E<G9E<R`H8VQA:6T@;&EA8FEL:71Y*2!W87,@/"]F;VYT
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M<'0[)R`^,BXS-SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2P@<F5S<&5C=&EV
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!A<F4@
M;F]T(&1I<V-O=6YT960N/"]F;VYT/CPO<#X\+V1I=CX\9&EV/CQT86)L92!S
M='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P
M<'0[(#X\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4W+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,C`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-31P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,U-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-H86YG97,@:6X@3&]S<R!A;F0@3$%%(%)E<V5R=F5S
M(&9O<B!T:&4@665A<B!%;F1E9"!$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y'<F]S<R!,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S(N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,R+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M1W)O<W,@3&]S<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#YA;F0@3$%%/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4&%Y;65N=',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,Y+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D%C8W)E=&EO;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC
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M:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@:6X\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^86YD($Q!13PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E<R!A<R!O9CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#,N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/F9O<B!#87-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^;V8@0VQA:6T\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^
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M.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N96%R;F5D/"]F;VYT/CPO=&0^/'1D
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M9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0VAA;F=E<R!I;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^4F5S97)V97,@87,@;V8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3<N-S5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71Y/"]F;VYT/CPO=&0^
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M.B,P,#`P,#`[)R`^1&ES8V]U;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/DQ!13PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^1&5C96UB97(@,S$L/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4W+C<U<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,SDN-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&ES8V]U;G0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
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M;W(Z(S`P,#`P,#LG(#Y2871E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4Q<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S<W5M
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5V96YU93PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/E)E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^3W1H97(\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4P+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,"XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-#$\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34W*3PO9F]N
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S(N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,R+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MC;VQO<CHC,#`P,#`P.R<@/C<Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
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M9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@S-2D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,3DI/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#,Q*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-31P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4T<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/C4P-CPO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(V(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-#@Y+C<U<'0[8F]R9&5R+71O<"US='EL93ID
M;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0X.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,2D@+2!0<FEM87)I;'D@8VAA;F=E<R!I;B!A;6]U;G0@
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M9F]N="US:7IE.C$P<'0[)R`^(&1E8W)E87-E(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:6X@=&AE($-O;7!A;GDF(S@R,3<[<R!G<F]S<R!L;W-S(&%N9"!,
M044@<F5S97)V97,@<F5F;&5C=&5D(&EN('1H92!P<F5C961I;F<@=&%B;&4@
M=V%S('!R:6UA<FEL>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<F5L871E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G1O(&QO<W,@<&%Y;65N=',@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;F0@
M8VAA;F=E<R!I;B!A<W-U;7!T:6]N<R!O;B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/D%"4R!#1$]S(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N(&EN
M=&5R;F%T:6]N86P@<F]A9"!T<F%N<V%C=&EO;CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+B!4:&5S92!W97)E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<&%R
M=&EA;&QY(&]F9G-E="!B>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&EN8W)E
M87-E<R!I;B!R97-E<G9E<R!D=64@=&\@8VAA;F=E<R!I;B!D:7-C;W5N="!R
M871E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!P<FEM87)I;'D\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]N($%"
M4R!#1$]S(&%N9"!I;G-U<F5D(&9I<G-T(&%N9"!S96-O;F0M;&EE;B!234)3
M(&ES<W5E<R!O=71S=&%N9&EN9R!A<R!O9B!$96-E;6)E<B`S,2P@,C`Q,SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"!A;F0@8V@\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F%N9V5S(&EN(&%S<W5M<'1I;VYS(')E;&%T960@=&\@:&EG:"!Y
M:65L9"!C;W)P;W)A=&4@0T1/<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^/"]D:78^/&1I=CX\
M=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN
M+71O<#HR,'!T.R`^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU-RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO
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M.D)L86-K.VUI;BUW:61T:#HS-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@:6X@3&]S<R!A
M;F0@3$%%(%)E<V5R=F5S(&9O<B!T:&4@665A<B!%;F1E9"!$96-E;6)E<B`S
M,2P@,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-31P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU-RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<R!,;W-S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DQO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<R!,;W-S/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4W+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%N9"!,044\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^4&%Y;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M8V-R971I;VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%N9"!,044\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S97)V97,@
M87,@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^9F]R($-A<V5S/"]F;VYT/CPO
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M;&]R.B,P,#`P,#`[)R`^;V8@0VQA:6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S97)V97,@87,@;V8\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB
M97(@,S$L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-#,N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G=I=&@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y,:6%B:6QI='D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M:7-C;W5N=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@:6X\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y0<F5M:75M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3$%%/"]F
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S
M,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E<SPO9F]N=#X\
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M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D1I<V-O=6YT/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`[)R`^4F%T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU,7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-U;7!T:6]N
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M.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E=F5N=64\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#Y297-E<G9E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D]T:&5R/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,"XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3`N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^.#4S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S9P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#,S-RD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,R+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Y,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^,30Q/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^-3,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4T<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-#$\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
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M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
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M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O
M<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0X-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X-BXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!0<FEM87)I;'D@8VAA;F=E
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&1E8W)E87-E(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:6X@=&AE($-O;7!A;GDF(S@R,3<[<R!G<F]S
M<R!L;W-S(&%N9"!,044@<F5S97)V97,@<F5F;&5C=&5D(&EN('1H92!P<F5C
M961I;F<@=&%B;&4@=V%S('!R:6UA<FEL>2`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G)E;&%T960@=&\@;&]S<R!P87EM96YT<R!O;B!I;G-U<F5D(&9I<G-T
M(&%N9"!S96-O;F0M;&EE;B!234)3(&%N9"!5+E,N('!U8FQI8R!F:6YA;F-E
M(&ES<W5E<RP@<&%R=&EA;&QY(&]F9G-E="!B>2!C:&%N9V5S(&EN(&%S<W5M
M<'1I;VYS+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
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M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/FEO/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC:#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F=E
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<&%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&5N=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;6$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GD\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^970\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/BP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYE=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86EN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;W,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO<B`\+V9O;G0^
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M:7IE.C$P<'0[)R`^86YG97,@:6X@=&AE($-O;7!A;GDF(S@R,3<[<R!I;G-U
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M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT
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M<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!#:&%N9V5S(&EN
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M.C$P<'0[)R`^=&EM:6YG/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YO9B!E<W1I;6%T960@8V]L;&5C=&EO;G,L(&-H
M86YG97,@:6X@87-S=6UP=&EO;G,@86YD(&-H86YG97,@:6X@3$%%(')E8V]V
M97)I97,@87)E(')E8V]R9&5D(&EN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M)B,X,C(P.TQO<W-E<R!A;F0@;&]S<R!A9&IU<W1M96YT)B,X,C(Q.R!E>'!E
M;G-E<R!I;B!T:&4@0V]M<&%N>28C.#(Q-SMS(&-O;G-O;&ED871E9"!S=&%T
M96UE;G1S(&]F(&]P97)A=&EO;G,N/"]F;VYT/CPO<#X\+V1I=CX\9&EV/CQT
M86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM
M=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S(N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0Q-R!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C(Y,2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,CDQ+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;B!);G-U
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-S(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YF;W(@=&AE(%EE87(@16YD960@
M1&5C96UB97(@,S$L(#(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0T
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D-O;&QE8W1I;VYS/"]F;VYT/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0S
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
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M/3-$=VED=&@Z-3`N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4P+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07,@;V8\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0T+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/F9O<B!#87-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-C<F5T
M:6]N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<R!O9CPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,"XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^=VET:#PO9F]N=#X\+W1D
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M,#`P,#`[)R`^;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1I<V-O=6YT/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3$%%/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
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M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,"XR-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3`N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C
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M.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)I97,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L
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M;W(Z(S`P,#`P,#LG(#Y2871E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S<W5M<'1I;VYS
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M:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)I97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^3W1H97(\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F;VYT/CPO
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M,#`P,#`[)R`^26YS=7)A;F-E(&QO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S9P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S9P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,V<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S8N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/G)E8V]V97)A8FQE/"]F;VYT/CPO
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M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XV.30\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,V<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,V<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,V<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C$X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@W-RD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S8N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-RD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-3,S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C<X+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E<FEE<R!O;B!U
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M;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.W1E>'0M86QI
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^;&]S<V5S/"]F;VYT/CPO=&0^/'1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO
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M<CHC,#`P,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<Y*3PO9F]N
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M;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M;&]R.B,P,#`P,#`[)R`^,30W/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C<X+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-S@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^.3`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
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M;VQO<CHC,#`P,#`P.R<@/B@Q,#@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S9P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-38I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C8X,#PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(V(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-#DQ+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#DQ+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#(V(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-#DQ+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#DQ+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&EN('1H93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^0SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VUP86X\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/GDF(S@R,3<[<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&EN<W5R86YC92!L;W-S(')E8V]V97)A8FQE(&%N9"`\+V9O;G0^/&9O
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B!U;G!A:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&QO<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9'5R:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F<\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G=A<R`\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&1U/"]F;VYT/CQF
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&-O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&]U=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=&%N9&EN/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YG/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&\\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+"!C:&%N9V5S(&EN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M87-S=6UP=&EO;G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M.C$P<'0[)R`^52Y3+B!P=6)L:6,@9FEN86YC92!I<W-U97,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E
M.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$V(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C@U+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N
M9V5S(&EN($EN<W5R86YC92!,;W-S(%)E8V]V97)A8FQE(&%N9"!296-O=F5R
M:65S(&]N(%5N<&%I9"!,;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U
M<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E>'0M86QI9VXZ
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C(X-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!T:&4@665A<B!%
M;F1E9"!$96-E;6)E<B`S,2P@,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3`N,C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4P+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^1W)O<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0T+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#,N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<SPO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,"XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E<V5R=F4\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0T
M+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D-O;&QE8W1I;VYS/"]F;VYT/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#,N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M4F5S97)V93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E
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M;BUW:61T:#HU,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#0N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YF
M;W(@0V%S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%C8W)E=&EO;CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D-H86YG97,@:6X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
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M/3-$=VED=&@Z-3`N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4P+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-"XR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#0N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#YW:71H/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YO9CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D1I<V-O=6YT/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S
M(&EN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^3$%%/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,"XR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3`N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E<FEE<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E)E8V]V97)I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F%T
M97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M8V]L;W(Z(S`P,#`P,#LG(#Y!<W-U;7!T:6]N<SPO9F]N=#X\+W1D/CQT9"!S
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M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CQS
M=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S
M=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
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M;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW."XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC
M92!L;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
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M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M86-K.VUI;BUW:61T:#HS-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:61T:#HS-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-S(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#YR96-O=F5R86)L93PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPV-#@\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@S+#`Q
M,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S9P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S9P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#,S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,C8\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S8N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,X*3PO9F]N=#X\
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-BXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/C8Y-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW."XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)I97,@
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M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/FQO<W-E<SPO9F]N
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XS,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S@I/"]F;VYT/CPO=&0^
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M,#`P,#`[)R`^*#DQ*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@S*3PO9F]N=#X\
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#8\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-S@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+#DX,#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RPP,3$I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S9P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH-S$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,S4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#$I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/CDP,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#8@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-#%P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-#%P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?
M7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S9P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,V<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B
M;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D
M97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,V+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-BXW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O
M<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0S,RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,S
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I(%!R:6UA
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M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>28C.#(Q-SMS/"]F;VYT
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<W,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!R93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W9E
M<F%B;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&4\+V9O;G0^/&9O;G0@
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M)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('!R/"]F;VYT/CQF
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5C;W9E<FEE/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W,\+V9O;G0^/&9O;G0@<W1Y;&4]
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:7-S
M=65S(&]U='-T86YD:6YG(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M:7IE.C$P<'0[)R`^9"!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!S971T;&5M96YT(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;VX@=&AE(&EN96QI9VEB;&4@;6]R=&=A9V4@;&]A;G,@:6YC
M;'5D960@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G5R93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;VYD+6QI93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(')E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=7)I
M=&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GH\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F%T:6\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YX/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YP;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=7)E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&]B;&EG871I;VX\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!B>2`\+V9O;G0^/&9O
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:6-E<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^('0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!R97!U<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&%S/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E<&QA/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YC93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V@\+V9O;G0^/&9O;G0@<W1Y;&4]
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M.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5A<V4\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!P<FEM
M87)I;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&1U/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:&%N9V4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W5M<'1I;VX\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<F5S=6P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;VYT/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]
M7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$V+FAT
M;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B
M;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I
M:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78]
M,T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]
M=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13
M:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I
M<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O
M<G0@:60],T1)1#!%344^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^1F%I<B!6
M86QU92!/9B!&:6YA;F-I86P@26YS=')U;65N=',\8G(^/"]S=')O;F<^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N
M=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5&5X="!";&]C:R!;
M06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@5F%L=64@365A<W5R96UE;G0\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE
M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/DYO=&4@-SH@1F%I<B!686QU92!O9B!&:6YA
M;F-I86P@26YS=')U;65N=',\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU
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M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M8V4@;6%T97)I86QL>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F1I9F9E<F5N
M="!F86ER('9A;'5E<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^5&AE(&%C8V]U;G1I;F<@9W5I9&%N8V4@9F]R(&9A:7(@=F%L=64@;65A
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M87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.C0N-7!T.R`^/&9O;G0@<W1Y
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M979E;"`R)B,X,C$R.U9A;'5A=&EO;G,@8F%S960@;VX@<75O=&5D('!R:6-E
M<R!I;B!M87)K971S('1H870@87)E(&YO="!A8W1I=F4@;W(@9F]R('=H:6-H
M(&%L;"!S:6=N:69I8V%N="!I;G!U=',@87)E(&]B<V5R=F%B;&4L(&5I=&AE
M<B!D:7)E8W1L>2!O<B!I;F1I<F5C=&QY+B!,979E;"`R(&%S<V5T<R!I;F-L
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M+7-I>F4Z,3!P=#LG(#Y,979E;"`S)B,X,C$R.U9A;'5A=&EO;G,@8F%S960@
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M.C$P<'0[)R`^;'5E(&ES(&1E=&5R;6EN960@=7-I;F<@<')I8VEN9R!M;V1E
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M9F]N="US:7IE.C$P<'0[)R`^=&EO;BX@/"]F;VYT/CPO;&D^/"]U;#X\<"!S
M='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM
M8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA
M<F=I;BUL969T.C!P=#LG(#Y4:&4@879A:6QA8FEL:71Y(&]F(&]B<V5R=F%B
M;&4@:6YP=71S(&-A;B!V87)Y(&9R;VT@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YF:6YA;F-I86P@:6YS=')U;65N="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G1O(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9FEN86YC:6%L(&EN<W1R=6UE
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M86X[9F]N="US:7IE.C$P<'0[)R`^<W1A8FQI<VAE9"!I;B!T:&4@;6%R:V5T
M<&QA8V4L(&%N9"!O=&AE<B!C:&%R86-T97)I<W1I8W,@<&%R=&EC=6QA<B!T
M;R!T:&4@<')O9'5C="X@26X@8V5R=&%I;B!C87-E<RP@=&AE(&EN<'5T<R!U
M<V5D('1O(&UE87-U<F4@9F%I<B!V86QU92!M87D@9F%L;"!I;G1O(&1I9F9E
M<F5N="!L979E;',@;V8@=&AE(&9A:7(@=F%L=64@:&EE<F%R8VAY+B!);B!S
M=6-H(&-A<V5S+"!T:&4@0V]M<&%N>2!A<W-I9VYS('1H92!L979E;"!I;B!T
M:&4@9F%I<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('9A;'5E(&AI97)A<F-H
M>2!F;W(@=VAI8V@@=&AE(&9A:7(@=F%L=64@;65A<W5R96UE;G0@:6X@:71S
M(&5N=&ER971Y(&9A;&QS+"!B87-E9"!O;B!T:&4@;&5A<W0@;V)S97)V86)L
M92!I;G!U="!T:&%T(&ES('-I9VYI9FEC86YT('1O('1H92!F86ER('9A;'5E
M(&UE87-U<F5M96YT+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A
M;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y&:6YA;F-I86P@07-S971S("AE>&-L
M=61I;F<@9&5R:79A=&EV92!A<W-E=',I/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M
M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M(&%S<W5M<'1I;VYS('=I=&@@=&AE('!R;W9I9&5R+B!4:&ES(')E=FEE=R`\
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M<F5N8V5S+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M(S@R,3<[<R!I;G9E<W1M96YT('!O<G1F;VQI;R!A<R`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/BX@06QL(&-H86QL96YG97,@=&\@=&AI<F0M
M<&%R='D@<')I8V5S(&%R92!R979I97=E9"!B>2!S=&%F9B!O9B!T:&4@0V]M
M<&%N>2!W:71H(')E;&5V86YT(&5X<&5R=&ES92!T;R!E;G-U<F4@<F5A<V]N
M86)L96YE<W,@;V8@87-S=6UP=&EO;G,N/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T
M=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/D9I;F%N8VEA;"!,
M:6%B:6QI=&EE<R`H97AC;'5D:6YG(&1E<FEV871I=F4@;&EA8FEL:71I97,I
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>&-L=61I;F<@
M9&5R:79A=&EV92!L:6%B:6QI=&EE<RP@:7-S=65D(&)Y('1H92!#;VUP86YY
M('!R:6UA<FEL>2!C;VYS:7-T(&]F(&EN=F5S=&UE;G0@86=R965M96YT<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/DU43G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@9&5B="!I<W-U960@
M9F]R(&=E;F5R86P@8V]R<&]R871E('!U<G!O<V5S/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#X@=VET:&EN(&ET<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-O
M<G!O<F%T92!S96=M96YT+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F1E8G0@
M:6X@5DE%<R!A;F0@=V%R<F%N=',N($EN=F5S=&UE;G0@86=R965M96YT<RP@
M351.<RP@86YD(&-O<G!O<F%T92!D96)T(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^87)E('1Y<&EC86QL>2!R96-O<F1E9"!A="!F86-E('9A;'5E(&%D:G5S
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M:7IE.C$P<'0[)R`^('5N9&5R;'EI;F<@8V]L;&%T97)A;"P@=&AE($-O;7!A
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M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU
M<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG
M(#Y$97)I=F%T:79E($QI86)I;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US
M='EL93II=&%L:6,[)R`^:71I97,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T
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M+"!#4D4@;&]A;G,L(&%N9"!#1$]S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^5&AE($-O;7!A;GDF(S@R,3<[<R!I;G-U<F5D(&-R961I="!D
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M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^5&AE($-O;7!A;GD@;6%Y(&9R;VT@=&EM92!T;R!T:6UE(&UA
M:V4@8VAA;F=E<R!I;B!I=',@=F%L=6%T:6]N('1E8VAN:7%U97,@:68@=&AE
M(&-H86YG92!R97-U;'1S(&EN(&$@;65A<W5R96UE;G0@=&AA="!I="!B96QI
M979E<R!I<R!E<75A;&QY(&]R(&UO<F4@<F5P<F5S/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YE;G1A=&EV92!O9B!F86ER('9A;'5E('5N9&5R(&-U<G)E;G0@
M8VER8W5M<W1A;F-E<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET
M86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^26YT97)N86P@4F5V:65W(%!R;V-E
M<W,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M;VQI8VEE<R!A;F0@<FES:R!P<F]C961U<F5S(&EN('1H92`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F1E=F5L;W!M96YT(&]F(&9A:7(@=F%L=65S(&]F(&9I
M;F%N8VEA;"!A<W-E=',@86YD(&QI86)I;&ET:65S+B!4:&5S92!V86QU871I
M;VX@8V]M;6ET=&5E<R!R979I97<L(&%M;VYG(&]T:&5R('1H:6YG<RP@:V5Y
M(&%S<W5M<'1I;VYS('5S960@9F]R(&EN=&5R;F%L;'D@9&5V96QO<&5D('!R
M:6-E<RP@<VEG;FEF:6-A;G0@8VAA;F=E<R!I;B!S;W5R8V5S(&%N9"!U<V5S
M(&]F(&EN<'5T<RP@:6YC;'5D:6YG(&-H86YG97,@:6X@;6]D96P@87!P<F\\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%C:&5S+"!A;F0@86YY(&%D:G5S=&UE
M;G1S(&9R;VT@=&AI<F0M<&%R='D@:6YP=71S(&]R('!R:6-E<R!T;R!I;G1E
M<FYA;&QY(&1E=F5L;W!E9"!I;G!U=',@;W(@<')I8V5S+B!4:&4@8V]M;6ET
M=&5E<R!A;'-O(')E=FEE=R!A;GD@<VEG;FEF:6-A;G0@:6UP86ER;65N="!O
M<B!I;7!R;W9E;65N=',@:6X@9F%I<B!V86QU97,@;V8@=&AE(&9I;F%N8VEA
M;"!I;G-T<G5M96YT<R!F<F]M('!R:6]R('!E<FEO9',N($9R;VT@=&EM92!T
M;R!T:6UE+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O
M;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y686QU871I;VX@
M5&5C:&YI<75E<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5F%L
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M+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^1FEX960M36%T=7)I
M='D@4V5C=7)I=&EE<R`H:6YC;'5D:6YG('-H;W)T+71E<FT@:6YV97-T;65N
M=',I($AE;&0@87,@079A:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL
M93II=&%L:6,[)R`^;&%B;&4M1F]R+5-A;&4L($EN=F5S=&UE;G1S($-A<G)I
M960@870@1F%I<B!686QU92P@26YV97-T;65N=',@4&QE9&=E9"!A<R!#;VQL
M871E<F%L+"!);G9E<W1M96YT<R!(96QD+71O+4UA='5R:71Y+"!A;F0@3W1H
M97(@26YV97-T;65N=',\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
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M96)T(&%N9"!E<75I='D@<V5C=7)I=&EE<RX@("`\+V9O;G0^/"]P/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB
M;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R
M9VEN+6QE9G0Z,'!T.R<@/E1H97-E(&EN=F5S=&UE;G1S(&%R92!G96YE<F%L
M;'D@=F%L=65D(&)A<V5D(&]N(')E8V5N=&QY(&5X96-U=&5D('1R86YS86-T
M:6]N('!R:6-E<R!O<B!Q=6]T960@;6%R:V5T('!R:6-E<RX@5VAE;B!Q=6]T
M960@;6%R:V5T('!R:6-E<R!A<F4@;F]T/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@879A:6QA8FQE+"!F86ER('9A;'5E(&ES(&=E;F5R86QL>2!D971E<FUI
M;F5D('5S:6YG('%U;W1E9"!P<FEC97,@;V8@<VEM:6QA<B!I;G9E<W1M96YT
M<R!O<B!A('9A;'5A=&EO;B!M;V1E;"!B87-E9"!O;B!O8G-E<G9A8FQE(&%N
M9"!U;F]B<V5R=F%B;&4@:6YP=71S+B!);G!U=',@=F%R>2!D97!E;F1I;F<@
M;VX@=&AE('1Y<&4@;V8@:6YV97-T;65N="X@3V)S97)V86)L92!I;G!U=',@
M:6YC;'5D92!C;VYT<F%C='5A;"!C87-H(&9L;W=S+"!I/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YN=&5R97-T(')A=&4@>6EE;&0@8W5R=F5S+"!#1%,@<W!R
M96%D<RP@<')E<&%Y;65N="!A;F0@=F]L871I;&ET>2!S8V]R97,L(&1I=F5R
M<VET>2!S8V]R97,L(&-R;W-S+6-U<G)E;F-Y(&)A<VES(&EN9&5X('-P<F5A
M9',L(&%N9"!C<F5D:70@<W!R96%D<R!F;W(@<W1R=6-T=7)E<R!S:6UI;&%R
M('1O('1H92!F:6YA;F-I86P@:6YS=')U;65N="!I;B!T97)M<R!O9B!I<W-U
M97(L(&UA='5R:71Y(&%N9"!S96YI;W)I='DN(%5N;V)S97)V86)L92!I/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YN<'5T<R!I;F-L=61E(&-A<V@@9FQO=R!P
M<F]J96-T:6]N<R!A;F0@=&AE('9A;'5E(&]F(&%N>2!C<F5D:70@96YH86YC
M96UE;G0N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M="US:7IE.C$P<'0[)R`^="!D:7-C;W5N=&5D('5S:6YG(&]B<V5R=F%B;&4@
M:6YT97)E<W0@<F%T92!Y:65L9"!C=7)V97,@;V8@<VEM:6QA<B!S96-U<FET
M:65S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26YV97-T;65N
M=',@8F%S960@;VX@<75O=&5D(&UA<FME="!P<FEC97,@;V8@:61E;G1I8V%L
M(&EN=F5S=&UE;G1S(&EN(&%C=&EV92!M87)K971S(&%R92!C;&%S<VEF:65D
M(&%S($QE=F5L(#$@;V8@=&AE(&9A:7(@=F%L=64@:&EE<F%R8VAY+B!,979E
M;"`Q(&EN=F5S=&UE;G1S(&=E;F5R86QL>2!C;VYS:7,\+V9O;G0^/&9O;G0@
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M92!Y:65L9"!C=7)V97,L(&%R92!C871E9V]R:7IE9"!I;B!,979E;"`R(&]F
M('1H92!F86ER('9A;'5E(&AI97)A<F-H>2X@26YV97-T;65N=',@=&AA="!C
M;VYT86EN('-I9VYI9FEC86YT(&EN<'5T<R!T:&%T(&%R92!N;W0@;V)S97)V
M86)L92!A<F4@8V%T96=O<FEZ960@87,@3&5V96P@,RX\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
M<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^0V%S
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M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG
M(#Y4:&4@8V%R<GEI;F<@86UO=6YT<R!O9B!C87-H(&%N9"!C87-H(&5Q=6EV
M86QE;G1S+"!R96-E:79A8FQE(&9O<B!I;G9E<W1M96YT<R!S;VQD+"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FYE="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F-A<V@@8V]L;&%T97)A;"!P;&5D9V5D('1O('-W87`@8V]U;G1E<G!A<G1I
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^871E9V]R:7IE9"!I
M;B!,979E;"`Q(&]R($QE=F5L(#(@;V8@=&AE(&9A:7(@=F%L=64@:&EE<F%R
M8VAY+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I
M;BUL969T.C!P=#LG(#Y,;V%N<R!296-E:79A8FQE(&%T($9A:7(@5F%L=64\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DQO86YS(')E8V5I=F%B
M;&4@870@9F%I<B!V86QU92!A<F4@8V]M<')I<V5D(&]F(&QO86YS(&AE;&0@
M8GD@8V]N<V]L:61A=&5D(%9)17,@8V]N<VES=&EN9R!O9B!C;W)P;W)A=&4@
M86YD(')E<VED96YT:6%L(&UO<G1G86=E(&QO86YS+B`@1F%I<B!V86QU97,@
M;V8@8V]M;65R8VEA;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQO86YS(&%R
M92!O8G1A:6YE9"!F<F]M(&$@<')I8VEN9R!S97)V:6-E(&%N9"!D971E<FUI
M;F5D('5S:6YG(&%C=&EV96QY('%U;W1E9"!P<FEC97,@;V)T86EN960@9G)O
M;2!M=6QT:7!L92!M87)K970@<&%R=&EC:7!A;G1S+B`@1F%I<B!V86QU97,@
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M96=O<FEZ960@:6X@3&5V96P@,B!O<B!,979E;"`S(&]F('1H92!F86ER('9A
M;'5E(&AI97)A<F-H>2!B87-E9"!O;B!T:&4@:6YP=70@=&AA="!I<R!S:6=N
M:69I8V%N="!T;R!T:&4@9F%I<B!V86QU92!M96%S=7(\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F5M96YT(&EN(&ET<R!E;G1I<F5T>2X\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
M<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^3&]A
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M>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU
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M.C$P<'0[)R`^"7)E8V]V97)Y(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F%T
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M<'0[)R`^"65X<&5C=&%T:6]N<R!A8F]U="!P;W-S:6)L92!V87)I871I;VYS
M(&EN('1H92!T:6UI;F<@;V8@8V]L;&5C=&EO;G,@;V8@=&AE(&-A<V@@9FQO
M=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SL@86YD/"]F;VYT/CPO<#X\<"!S
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M<'0[)R`^"71I;64@=F%L=64@;V8@;6]N97DL(')E<')E<V5N=&5D(&)Y('1H
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M/DEN=F5S=&UE;G0@06=R965M96YT<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^5&AE(&9A:7(@=F%L=65S(&]F/"]F;VYT/CQF;VYT('-T>6QE
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE9"!A<R!,979E;"`S(&]F('1H92!F
M86ER('9A;'5E(&AI97)A<F-H>2X\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ
M-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T
M>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^365D:75M+51E<FT@3F]T
M97,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F<@9W)I9"!B87-E9"!O;B!T
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!A
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M<'0[)R`^:6YG($U43G,L('=H:6-H(&%R92!N;W0@8V%R<FEE9"!A="!F86ER
M('9A;'5E+"!D;R!N;W0@8V]N=&%I;B!E;6)E9&1E9"!D97)I=F%T:79E<RX@
M07,@=&AE<V4@351.<R!A<F4@:6QL:7%U:60@86YD('1H92!P<FEC97,@<F5F
M;&5C="!S:6=N:69I8V%N="!U;F]B<V5R=F%B;&4@:6YP=71S+"!T:&5Y(&%R
M92!C871E9V]R:7IE9"!A<R!,979E;"`S(&]F('1H92!F86ER('9A;'5E(&AI
M97)A<F-H>2X\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM
M87)G:6XM;&5F=#HP<'0[)R`^3&]N9RUT97)M($1E8G0\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I
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M;'5S(&YO=&5S(&1U92!I;B`R,#,S(&ES(&1E=&5R;6EN960@8F%S960@;VX@
M=&AE('-C:&5D=6QE9"!I;G1E<F5S="!P87EM96YT<R!D:7-C;W5N=&5D(&)Y
M('1H92!M87)K970F(S@R,3<[<R!P97)C97!T:6]N(&]F('1H92!C<F5D:70@
M<FES:R!R96QA=&5D('1O('1H92!R97!A>6UE;G0@;V8@=&AE('-U<G!L=7,@
M;F]T97,N)B,Q-C`[5&AE(&-R961I="!R:7-K(')E;&%T960@=&\@=&AE(')E
M<&%Y;65N="!O9B!T:&4@<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=7)P;'5S
M(&YO=&5S(&ES(&)A<V5D(&]N(')E8V5N="!T<F%D97,@;V8@=&AE('-U<G!L
M=7,@;F]T97,N)B,Q-C`[5&AE(&1E9F5R<F5D(&EN=&5R97-T('!A>6UE;G0@
M=VEL;"!B92!D=64@;VX@=&AE(&9I<G-T(&)U<VEN97-S(&1A>2!O;B!O<B!A
M9G1E<B!W:&EC:"!T:&4@0V]M<&%N>2!O8G1A:6YS(&%P<')O=F%L('1O(&UA
M:V4@<W5C:"!P87EM96YT+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T
M.R<@/E1H92!C87)R>6EN9R!A;6]U;G1S(&]F(&%C8W)U960@:6YT97)E<W0@
M97AP96YS92!O;B!A;&P@;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE<B!L
M;VYG+71E<FT@9&5B="!A<'!R;WAI;6%T92!F86ER('9A;'5E(&1U92!T;R!T
M:&4@<VAO<G0M=&5R;2!N871U<F4@;V8@=&AE<V4@:6YS=')U;65N=',N($QO
M;F<M=&5R;2!D96)T(&ES(&-A=&5G;W)I>F5D(&%S($QE=F5L(#(@;V8@=&AE
M(&9A:7(@=F%L=64@:&EE<F%R8VAY+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O
M;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y687)I86)L92!);G1E
M<F5S="!%;G1I='D@3F]T97,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI
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M<B!S96-U<FET:65S(&UA>2!B92!A9&IU<W1E9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F9O<B!F86-T;W)S('5N:7%U92!T;R!T:&4@<V5C=7)I=&EE<RP@
M:6YC;'5D:6YG(&%N>2!C<F5D:70@96YH86YC96UE;G0N(%=H96X@;V)S97)V
M86)L92!Q=6]T960@<')I8V5S(&%R92!N;W0@879A:6QA8FQE+"!F86ER('9A
M;'5E(&ES(&1E=&5R;6EN960@8F%S960@;VX@9&ES8V]U;G1E9"!C87-H(&9L
M;W<@=&5C:&YI<75E<R!O9B!T:&4@=6YD97)L>6EN9R!C;VQL871E<F%L('5S
M:6YG(&]B<V5R=F%B;&4@86YD('5N;V)S97)V86)L92!I;G!U=',\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX@3V)S97)V86)L92!I;G!U=',@:6YC;'5D92!I
M;G1E<F5S="!R871E('EI96QD(&-U<G9E<R!A;F0@8F]N9"!S<')E861S(&]F
M('-I;6EL87(@<V5C=7)I=&EE<RX@56YO8G-E<G9A8FQE(&EN<'5T<R!I;F-L
M=61E('1H92!V86QU92!O9B!A;GD@8W)E9&ET(&5N:&%N8V5M96YT+B!6244@
M;F]T97,@87)E(&-A=&5G;W)I>F5D(&EN($QE=F5L(#(@;W(@3&5V96P@,R!O
M9B!T:&4@9F%I<B!V86QU92!H:65R87)C:'D@8F%S960@;VX@=&AE(&QO=V5S
M="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQE=F5L(&EN<'5T('1H870@:7,@
M<VEG;FEF:6-A;G0@=&\@=&AE(&9A:7(@=F%L=64@;65A<W5R96UE;G0@:6X@
M:71S(&5N=&ER971Y+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A
M;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y687)I86)L92!);G1E<F5S="!%;G1I
M='D@1&5R:79A=&EV97,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YC;W)P;W)A=&4@<V5G;65N="`\+V9O;G0^/&9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F%L=6%T
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M.C$P<'0[)R`^87)E(&-A=&5G;W)I>F5D(&EN($QE=F5L(#(@;W(@3&5V96P@
M,R!O9B!T:&4@9F%I<B!V86QU92!H:65R87)C:'D@8F%S960@;VX@=&AE(&QO
M=V5S="!L979E;"!I;G!U="!T:&%T(&ES('-I9VYI9FEC86YT('1O('1H92!F
M86ER('9A;'5E(&UE87-U<F5M96YT(&EN(&ET<R!E;G1I<F5T>2X\+V9O;G0^
M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&-O=F5R:6YG(&1E
M<FEV871I=F4@=')A;G-A8W1I;VYS(&EN('1H92`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F-O<G!O<F%T92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-E9VUE
M;G0@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M('1H97-E(&1E<FEV871I=F5S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^26X@8V5R=&%I;B!C87-E<RP@=&AE($-O;7!A;GD@86QS;R!M86YA
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>&-E961S(&%N(&5X<&]S=7)E('1H
M<F5S:&]L9"X@56YD97(@=&AE<V4@83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9W)E93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;65N=',L('1H92!#;VUP86YY
M(&UA>2!P<F]V:61E(%4N4RX@5')E87-U<GD@86YD(&]T:&5R(&AI9VAL>2!R
M871E9"!S96-U<FET:65S(&]R(&-A<V@@=&\@<V5C=7)E('1H92!D97)I=F%T
M:79E+B!4:&4@9&5L:79E<GD@;V8@:&EG:"UQ=6%L:71Y(&-O;&QA=&5R86P@
M8V%N(&UI;FEM:7IE(&-R961I="!E>'!O<W5R92!A;F0@;6ET:6=A=&4@=&AE
M('!O=&5N=&EA;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F9O<B!N;VYP97)F
M;W)M86YC92!R:7-K(&EM<&%C=&EN9R!T:&4@9F%I<B!V86QU97,@;V8@=&AE
M(&1E<FEV871I=F5S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A
M;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y$97)I=F%T:79E<R8C.#(Q,CM);G-U
M<F%N8V4\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R
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M:6YI;F<@9F%I<B!V86QU92!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G9A
M;&ED871E('1H92!F86ER('9A;'5E(&5S=&EM871E<R!D971E<FUI;F5D(&)Y
M('1H92!V86QU871I;VX@;6]D96QS(&%N9"!T;R!D971E<FUI;F4@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YT:&4@8F5S="`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F%V86EL86)L92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5S=&EM871E
M(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9F%I<B!V86QU92!F<F]M('1H
M92!P97)S<&5C=&EV92!O9B!A(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6%R
M:V5T('!A<G1I8VEP86YT+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^07!P<F]X:6UA=&5L>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^.3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YO9B!T:&4@8F%L86YC92!S:&5E="!F86ER
M('9A;'5E(&]F(&EN<W5R960@8W)E9&ET(&1E<FEV871I=F5S(&%S(&]F(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT
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M="US:7IE.C$P<'0[)R`^('1H92!":6YO;6EA;"!%>'!A;G-I;VX@5&5C:&YI
M<75E("@F(S@R,C`[0D54)B,X,C(Q.RD@36]D96PN($%P<')O>&EM871E;'D@
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M<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=A<R!V86QU960@8F%S960@;VX@
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M;&4@:6YP=71S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE
M($-O;7!A;GD@:&%S(&%L<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;R!E;G1E
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M)R`^('5S:6YG(&]B<V5R=F%B;&4@9&ES8V]U;G0@<F%T97,@86YD($-$4R!S
M<')E861S+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH
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M87)G:6XM;&5F=#HP<'0[)R`^5F%L=6%T:6]N($UO9&5L($]V97)V:65W/"]F
M;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
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M<'0[)R`^0D54($UO9&5L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&\@/"]F
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&QI960@9&5F875L="!R:7-K(&]F
M('1H92!U;F1E<FQY:6YG(&-O;&QA=&5R86P@86YD('1H92!R96UA:6YI;F<@
M<W1R=6-T=7)A;"!P<F]T96-T:6]N(&EN(&$@9&5D=6-T:6)L92!O<B!S=6)O
M<F1I;F%T:6]N+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M26YP=71S('1O('1H92!P<F]C97-S(&]F(&1E=&5R;6EN:6YG(&9A:7(@=F%L
M=64@9F]R('-T<G5C='5R960@=')A;G-A8W1I;VYS('5S:6YG('1H92!"150@
M36]D96P@:6YC;'5D92!E<W1I;6%T97,@;V8@8V]L;&%T97)A;"!L;W-S+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&%L;&]C871I;VX@;V8@;&]S<R!T;R!S
M97!A<F%T92!T<F%N8VAE<R!O9B!T:&4@8V%P:71A;"!S=')U8W1U<F4L(&%N
M9"!C86QC=6QA=&EO;B!O9B!T:&4@8VAA;F=E(&EN('9A;'5E+CPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P
M=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@
M/DUO9&5L(%-T<F5N9W1H<R!A;F0@5V5A:VYE<W-E<SPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G
M:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!P<FEM87)Y('-T<F5N9W1H<R!O
M9B!T:&4@0D54($UO9&5L.CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C,R
M+C-P=#LG(#XF(S@R,C8[(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^"3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^5&AE(&UO9&5L('1A:V5S(&%C8V]U;G0@;V8@
M=')A;G-A8W1I;VX@<W1R=6-T=7)E(&%N9"!K97D@9')I=F5R<R!O9B!F86ER
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F%L=64N(%1R86YS86-T:6]N('-T
M<G5C='5R92!I;F-L=61E<R!P87(@:6YS=7)E9"P@=V5I9VAT960@879E<F%G
M92!L:69E+"!L979E;"!O9B!D961U8W1I8FQE(&]R('-U8F]R9&EN871I;VX@
M*&EF(&%N>2DL(&%N9"!C;VUP;W-I=&EO;B!O9B!C;VQL871E<F%L+CPO9F]N
M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP
M<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C,R+C-P=#LG(#XF(S@R,C8[(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^"51H92!M;V1E;"!I<R!A(&-O;G-I<W1E;G0@
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M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M5&AE('!R:6UA<GD@=V5A:VYE<W-E<R!O9B!T:&4@0D54($UO9&5L.CPO9F]N
M=#X\+W`^/'5L/CQL:2!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.C!P=#MM87)G:6XM8F]T=&]M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D%S(&]F($1E8V5M8F5R(#,Q+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M="US:7IE.C$P<'0[)R`^1F]R('-E8W5R:71I97,@=&AA="!T<F%D92!S=6)S
M=&%N=&EA;&QY(&)E;&]W('!A<BP@=&AE(&-A;&-U;&%T:6]N(&]F('-P<F5A
M9',@9G)O;2!P<FEC92!T;R!S<')E860@8V%N(&)E('-U8FIE8W1I=F4N/"]F
M;VYT/CPO;&D^/&QI('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;'EI;F<@8V]L;&%T97)A;"!A;F0@
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M=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I
M;BUL969T.C!P=#LG(#Y4:&4@879E<F%G92!S<')E860@;V8@8V]L;&%T97)A
M;"!I<R!A(&ME>2!I;G!U="!A<R!T:&4@0V]M<&%N>2!A<W-U;65S(&-R961I
M="!S<')E861S(')E9FQE8W0@=&AE(&UA<FME="8C.#(Q-SMS(&%S<V5S<VUE
M;G0@;V8@9&5F875L="!P<F]B86)I;&ET>2X@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y#;VQL871E<F%L(&%S<V5T<R!A<F4@9V5N97)A;&QY(&-O;G-I9&5R
M960@;VX@86X@879E<F%G92!B87-I<R!R871H97(@=&AA;B!B96EN9R!M;V1E
M;&5D(&]N(&%N(&EN9&EV:61U86P@8F%S:7,N(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^4W!R96%D<R!A<F4@;V)T86EN960@9G)O;2!M87)K970@9&%T82!S
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M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^3W9E<B!T:6UE+"!T:&4@9&%T
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M(#YE($-O;7!A;GDF(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M9F]N="US:7IE.C$P<'0[)R`^97(@<F5P<F5S96YT871I=F4@;V8@;6%R:V5T
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M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,2XW-7!T.VUA<F=I;BUB;W1T;VTZ
M.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE
M9G0Z,'!T.R<@/D1I=F5R<VET>2!S8V]R97,@87)E(&$@;65A;G,@;V8@97-T
M:6UA=&EN9R!T:&4@9&EV97)S:69I8V%T:6]N(&EN(&$@<&]R=&9O;&EO+B!4
M:&4@9&EV97)S:71Y('-C;W)E(&5S=&EM871E<R!T:&4@;G5M8F5R(&]F('5N
M8V]R<F5L871E9"!A<W-E=',@=&AA="!A<F4@87-S=6UE9"!T;R!H879E('1H
M92!S86UE(&QO<W,@9&ES=')I8G5T:6]N(&%S('0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FAE(&%C='5A;"!P;W)T9F]L:6\@;V8@8V]R<F5L871E9"!A<W-E
M=',N(%=H:6QE(&1I=F5R<VET>2!S8V]R92!I<R!A(')E<75I<F5D(&EN<'5T
M(&EN=&\@=&AE($)%5"!M;V1E;"P@9'5E('1O(&-U<G)E;G0@:&EG:"!L979E
M;',@;V8@9&5F875L="!W:71H:6X@=&AE(&-O;&QA=&5R86P@;V8@=&AE('-T
M<G5C='5R97,L(&1I=F5R<VET>2!S8V]R92!D;V5S(&YO="!H879E(&$@<VEG
M;FEF:6-A;G0@:6UP86-T(&]N('9A;'5A=&EO;BX@/"]F;VYT/CPO<#X\<"!S
M='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G
M:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/F,N(%)E8V\\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G9E<GD@4F%T93PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HT+C,U<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^5&AE(')E8V]V97)Y(')A=&4@<F5P<F5S96YT<R!T:&4@<&5R8V5N
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M;VX@96UP:7)I8V%L(&UA<FME="!D871A+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O
M='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA
M<F=I;BUL969T.C!P=#LG(#YD+B!.;VYP97)F/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YO<FUA;F-E(%)I<VL\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XS-7!T.VUA<F=I;BUB;W1T;VTZ.7!T
M.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z
M,'!T.R<@/E1H92!#;VUP86YY)B,X,C$W.W,@=F%L=6%T:6]N(&UE=&AO9&]L
M;V=Y(&9O<B!I;G-U<F5D(&-R961I="!D97)I=F%T:79E(&QI86)I;&ET:65S
M(&EN8V]R<&]R871E<R!-0DE!($-O<G`N)B,X,C$W.W,@;W=N(&YO;G!E<F9O
M<FUA;F-E(')I<VLN(%1H92!#;VUP86YY(&-A;&-U;&%T97,@=&AE(&9A:7(@
M=F%L=64@8GD@9&ES8V]U;G1I;F<@=&AE(&UA<FME="!V86QU92!L;W-S(&5S
M=&EM871E9"!T:')O=6=H('1H92!"150@36]D96P@870@9&ES8SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;W5N="!R871E<R!W:&EC:"!I;F-L=61E($U"24$@
M0V]R<"XF(S@R,3<[<R!#1%,@<W!R96%D<R!A<R!O9B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+B!4:&4@0T13('-P<F5A9',@87-S:6=N960@=&\@96%C:"!D96%L
M(&%R92!B87-E9"!O;B!T:&4@=V5I9VAT960@879E<F%G92!L:69E(&]F('1H
M92!D96%L+B!4:&4@0V]M<&%N>2!L:6UI=',@=&AE(&YO;G!E<F9O<FUA;F-E
M(&EM<&%C="!S;R!T:&%T('1H92!D97)I=F%T:79E(&QI86)I;&ET>2!C;W5L
M9"!N;W0@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YB92!L;W=E<B!T:&%N($U"
M24$@0V]R<"XF(S@R,3<[<R!R96-O=F5R>2!D97)I=F%T:79E('!R:6-E(&UU
M;'1I<&QI960@8GD@=&AE('5N861J=7-T960@9&5R:79A=&EV92!L:6%B:6QI
M='DN/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G
M:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT
M.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D]V97)A
M;&P@36]D96P@4F5S=6QT<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^07,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M8FEL:71Y('=A<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/C(T-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI
M;VX@86YD("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C$N,CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&)I;&QI;VXL(')E<W!E8W1I=F5L>2P@8F%S960@;VX@
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M;VYT+7-I>F4Z,3!P=#LG(#YE(&QI86)I;&ET>2!T:&%T('=A<R`\+V9O;G0^
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M:7IE.C$P<'0[)R`^,SDT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO
M;B!L;W=E<B!T:&%N('1H92!N970@;&EA8FEL:71Y('1H870@=V]U;&0@:&%V
M92!B965N(&5S=&EM871E9"!I9B!-0DE!($-O<G`N(&5X8VQU9&5D(&YO;G!E
M<F9O<FUA;F-E(')I<VL@:6X@:71S('9A;'5A=&EO;B!A<R!O9B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M=&%L(&-R961I="!A;F%L>7-I<R!O9B!-0DE!($-O<G`N)B,X,C$W.W,@96-O
M;F]M:6,@8V]N9&ET:6]N+"!T:&%T($U"24$@0V]R<"X@=VEL;"!B92!A8FQE
M('1O('!A>2!A;&P@8VQA:6US('=H96X@9'5E+CPO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN
M+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y787)R86YT
M<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^4W1O8VL@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YW87)R86YT<R!I<W-U960@8GD@=&AE($-O;7!A
M;GD@87)E('9A;'5E9"!U<VEN9R!T:&4@0FQA8VLM4V-H;VQE<R!M/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YO9&5L(&%N9"!A<F4@<F5C;W)D960@870@9F%I
M<B!V86QU92X@26YP=71S(&EN=&\@=&AE('=A<G)A;G0@=F%L=6%T:6]N(&EN
M8VQU9&4@=&AE($-O;7!A;GDF(S@R,3<[<R!S=&]C:R!P<FEC92P@82!V;VQA
M=&EL:71Y('!A<F%M971E<BP@:6YT97)E<W0@<F%T97,L(&%N9"!D:79I9&5N
M9"!D871A+B!!<R!A;&P@<VEG;FEF:6-A;G0@:6YP=70\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G,@87)E(&UA<FME="UB87-E9"!A;F0@;V)S97)V86)L92P@
M=V%R<F%N=',@87)E(&-A=&5G;W)I>F5D(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^87,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!,979E;"`R(&]F('1H92!F
M86ER('9A;'5E(&AI97)A<F-H>2X\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ
M-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T
M>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^1F%C:6QI='D\+V9O;G0^
M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T
M.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN('1H92`\+V9O;G0^/&9O;G0@
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M<R!H96QD(&9O<B!S86QE(&%S(&]F($1E8V5M8F5R(#,Q+"`R,#$T(&%N9"`R
M,#$S(&%N9"!P<F5S96YT960@=VET:&EN("8C.#(R,#M!<W-E=',@:&5L9"!F
M;W(@<V%L928C.#(R,3L@;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI
M9&%T960@8F%L86YC92!S:&5E=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!M96%S=7)E9"!A="!T:&4@;&]W
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M="US:7IE.C$P<'0[)R`^:7,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!I=&5M
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:7,@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YC871E9V]R:7IE9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@3&5V96P@,CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V8@=&AE(&9A:7(@=F%L
M=64@:&EE<F%R8VAY+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A
M;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y&:6YA;F-I86P@1W5A<F%N=&5E<SPO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
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M="US:7IE.C$P<'0[)R`^("8C.#(Q,CM4:&4@9F%I<B!V86QU92!O9B!G<F]S
M<R!F:6YA;F-I86P@9W5A<F%N=&5E<R!I<R!D971E<FUI;F5D('5S:6YG(&1I
M<V-O=6YT960@8V%S:"!F;&]W('1E8SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.C$P<'0[)R`^;F5T(&]F(&5X<&5C=&5D(')E8V]V97)I97,L("AI:6DI('1H
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M9F]N="US:7IE.C$P<'0[)R`^+"!W:&EL92!T:&4@0T13('-P<F5A9"!A;F0@
M<F5C;W9E<GD@<F%T92!O9B!A('-I;6EL87(@;75N:6-I<&%L(&)O;F0@:6YS
M=7)A;F-E(&-O;7!A;GD@87)E('5S960@87,@=&AE(&1I<V-O=6YT(')A=&4@
M9F]R($YA=&EO;F%L+"!A<R!.871I;VYA;"!D;V5S(&YO="!H879E(&$@<'5B
M;&ES:&5D($-$4R!S<')E860@86YD(')E8V]V97)Y(')A=&4N(#PO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&-A<G)Y:6YG('9A;'5E(&]F
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M971S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
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M86X[9F]N="US:7IE.C$P<'0[)R`^("8C.#(Q,CL\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M<W-E<R!A<R!R97!O<G1E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G=I=&AI
M;B`F(S@R,C`[3W1H97(@87-S971S)B,X,C(Q.R!O;B!T:&4@0V]M<&%N>28C
M.#(Q-SMS(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]P
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@9F]L;&]W
M:6YG('1A8FQE<R!P<F]V:61E('%U86YT:71A=&EV92!I;F9O<FUA=&EO;B!R
M96=A<F1I;F<@=&AE('-I9VYI9FEC86YT('5N;V)S97)V86)L92!I;G!U=',@
M=7-E9"!B>2!T:&4@0V]M<&%N>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&9O
M<B!A<W-E=',@86YD(&QI86)I;&ET:65S(&UE87-U<F5D(&%T(&9A:7(@=F%L
M=64@;VX@82!R96-U<G)I;F<@8F%S:7,@87,@;V8@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M)R`^9R!S97)V:6-E('9A;'5A=&EO;G,N/"]F;VYT/CPO<#X\+V1I=CX\9&EV
M/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G
M:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L
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M;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<B!686QU93PO9F]N=#X\+W1D/CQT
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M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^87,@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,2XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-3$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y286YG93PO9F]N
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT
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M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y686QU871I;VX@5&5C:&YI<75E<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3$T+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N;V)S97)V86)L92!)
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M=F5R86=E*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,3DN,C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3DN,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S(&]F(&-O;G-O;&ED
M871E9"!6245S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HX-W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/DQO86YS(')E8V5I=F%B;&4@870@9F%I<B!V86QU93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^36%R:V5T('!R:6-E<R!A9&IU<W1E
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEM<&%C="!O
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C`E("T@,3`E
M("@R)2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`@9W5A<F%N=&5E<R!P<F]V:61E9"!T;R!6244@;V)L:6=A=&EO
M;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/DQO86X@<F5P=7)C:&%S92!C;VUM:71M96YT<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,S<Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^1&ES8V]U;G1E9"!C87-H(&9L
M;W<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,30N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,30N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E<GD@<F%T97,\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@W<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-W!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,2XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Q-"XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y"<F5A8V@@<F%T97,\+V9O;G0^/'-U<#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@W<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX-W!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$Q.2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Q.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960@5DE%<SH\+V9O
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M:#HQ-3$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M86-K.VUI;BUW:61T:#HX-W!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C<S-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DUA<FME="!P<FEC97,@
M;V8@5DE%(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);7!A8W0@;V8@
M9FEN86YC:6%L(&=U87)A;G1E93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XP)2`M(#,U)2`H
M,38E*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$Q+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3$Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,34Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("!A9&IU<W1E9"!F;W(@9FEN86YC:6%L(&=U87)A;G1E97,@<')O
M=FED960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-W!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3$Y+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$Y+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/D-R961I="!D97)I=F%T:79E(&QI86)I;&ET:65S
M+"!N970Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,34Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-3$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,30N-S5P=#MT
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M=#MC;VQO<CHC,#`P,#`P.R<@/D--0E,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(R-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/D)%5"!-;V1E;#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Q-"XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y296-O=F5R>2!R871E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-24@+2`Y,"4@
M*#4Y)2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.;VYP97)F
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$R)2`M(#(Y)2`H,C4E*3PO
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D(&%V97)A
M9V4@;&EF92`H:6X@>65A<G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#=P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@W
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$N,R`M(#,N,B`H
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D--0E,@<W!R
M96%D<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-W!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XP)2`M(#0Q)2`H,3DE*3PO9F]N=#X\+W1D
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DUU;'1I+7-E8W1O<B!#1$\\+V9O
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M<CHC,#`P,#`P.R<@/CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3$N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7)E8W0@4')I
M8V4@36]D96P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,30N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,30N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F]N<&5R9F]R;6%N8V4@
M<FES:SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-W!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,R4@+2`U,R4@*#4S)2D\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D)%5"!-;V1E;"!A;F0@1'5A;"!$
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)Y(')A=&5S/"]F
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M<CHC,#`P,#`P.R<@/C0R)2`M(#0U)2`H-#4E*3PO9F]N=#X\+W1D/CPO='(^
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,2XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q-"XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y.;VYP97)F;W)M86YC92!R:7-K/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.#=P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C@W<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C0Q)2`M(#4Q)2`H-3`E*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y796EG:'1E9"!A=F5R86=E(&QI9F4@*&EN('EE87)S*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C@W<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HX-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XP+C(@+2`W+CD@*#$N,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3$Y
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3$Y+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`R-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^1&ES8V]U;G1E9"!C87-H(&9L;W<\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,30N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,30N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:"!F;&]W<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C@W<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HX-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD,"`M("0X,R`H)#0R*3PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E
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M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0V(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3@Y<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@Y<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y
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M9'1H.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,3$@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-C`N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-C`N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I("T@4F5C;W9E<GD@<F%T97,@86YD(&)R96%C:"!R
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*2`M($UI9'!O
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L:6=N
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M:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^1F%I<B!686QU93PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-30N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<Q+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S$N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$Q+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$Q+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<Q+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*%=E:6=H=&5D/"]F;VYT/CPO=&0^
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M8VL[;6EN+7=I9'1H.C$Q.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-30N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5A=&EO;B!496-H;FEQ=65S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3<N-S5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^56YO8G-E<G9A8FQE($EN<'5T/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-S$N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%V97)A9V4I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$Q.2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-RXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/DQO86YS(')E8V5I=F%B;&4@870@9F%I<B!V86QU93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M-C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U-"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DUA<FME="!P<FEC97,@861J=7-T
M960@9F]R(&9I;F%N8VEA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$W
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3$W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/DEM<&%C="!O9B!F:6YA;F-I86P@9W5A<F%N=&5E/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C`E("T@,3<E("@S)2D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&=U87)A;G1E97,@<')O=FED960@=&\@
M5DE%(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3<N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,3<N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N(')E<'5R8VAA<V4@
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,U.3PO9F]N=#X\+W1D/CQT
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^1&ES8V]U;G1E9"!C
M87-H(&9L;W<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-RXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R
M>2!R871E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D)R96%C:"!R
M871E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^
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M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$Q.2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT:71Y(&YO
M=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M-"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M36%R:V5T('!R:6-E<R!O9B!6244@87-S971S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^26UP86-T(&]F(&9I;F%N8VEA;"!G=6%R86YT964\+V9O
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,"4@+2`R-24@*#$R)2D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&%D:G5S=&5D(&9O
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M86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,3$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^0W)E9&ET(&1E<FEV871I=F4@;&EA8FEL
M:71I97,L(&YE=#H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HW,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0TU"4SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.B,P,#`P,#`[)R`^,2PP-3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MC;VQO<CHC,#`P,#`P.R<@/D)%5"!-;V1E;#PO9F]N=#X\+W1D/CQT9"!S
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M<CHC,#`P,#`P.R<@/E)E8V]V97)Y(')A=&5S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/C(U)2`M(#DP)2`H-C`E*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/DYO;G!E<F9O<FUA;F-E(')I<VL\+V9O;G0^/"]T9#X\
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M;&]R.B,P,#`P,#`[)R`^."4@+2`U-R4@*#(U)2D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y796EG:'1E9"!A=F5R86=E(&QI9F4@*&EN('EE
M87)S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+C$M,C@N,"`H,RXS
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^
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M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D--0E,@<W!R96%D
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ)2`M(#(Y)2`H,3,E*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-=6QT:2US96-T;W(@0T1//"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M.V-O;&]R.B,P,#`P,#`[)R`^1&ER96-T(%!R:6-E($UO9&5L/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F]N<&5R9F]R;6%N8V4@<FES:SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-R4M-3<E("@U-R4I/"]F;VYT/CPO
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M=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XX-3PO
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M0D54($UO9&5L(&%N9"!$=6%L($1E9F%U;'0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y296-O=F5R>2!R871E<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT,B4M.3`E("@T-24I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3F]N<&5R9F]R;6%N8V4@<FES:SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ,R4@+2`U-"4@*#(U)2D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y796EG:'1E9"!A=F5R86=E(&QI9F4@*&EN('EE87)S
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C(@+2`X+C<@*#(N,RD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#8@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS,SEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,SEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,3$@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-3AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$I("T@4F5C;W9E<GD@<F%T97,@86YD(&)R96%C:"!R871E<R!I;F-L
M=61E(&5S=&EM871E<R!A8F]U="!P;W1E;G1I86P@=F%R:6%T:6]N<R!I;B!T
M:&4@;W5T8V]M92!O9B!L:71I9V%T:6]N('=I=&@@82!C;W5N=&5R<&%R='DN
M(#PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;VUP86YY(&%S('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
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M)R`^=F5R>2!R871E<R!R969L96-T('1H92!E<W1I;6%T97,@;V8@9G5T=7)E
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M:7IE.C$P<'0[)R`^870@;6%Y(&)E(')E8V5I=F5D(&EN('1H92!F=71U<F4N
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M86X[9F]N="US:7IE.C$P<'0[)R`^<W5L="!I;B!S:6=N:69I8V%N=&QY(&AI
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YT;'D@:6UP86-T('1H
M92!F86ER('9A;'5E(&UE87-U<F5M96YT+B`@06YY('-I9VYI9FEC86YT(&-H
M86QL96YG97,@8GD@=&AE(&-O=6YT97)P87)T:65S('1O('1H92!#;VUP86YY
M)B,X,C$W.W,@9&5T97)M:6YA=&EO;B!O9B!B<F5A8VAE<R!O9B!R97!R97-E
M;G1A=&EO;G,@86YD('=A<G)A;G1I97,@8V]U;&0@<VEG;FEF:6-A;G1L>2!A
M9'9E<G-E;'D@:6UP86-T('1H92!F86ER('9A;'5E(&UE87-U<F5M96YT+B`@
M4F5C;W9E<GD@<F%T97,@86YD(&)R93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86-H(')A=&5S(&%R92!D971E<FUI;F5D(&EN9&5P96YD96YT;'DN("!#:&%N
M9V5S(&EN(&]N92!I;G!U="!W:6QL(&YO="!N96-E<W-A<FEL>2!H879E(&%N
M>2!I;7!A8W0@;VX@=&AE(&]T:&5R(&EN<'5T+CPO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O
M='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^5&AE('-I9VYI9FEC86YT('5N;V)S97)V86)L92!I
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#Y%+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^5&AE('-I9VYI9FEC86YT('5N;V)S97)V86)L92!I;G!U=',@
M=7-E9"!I;B!T:&4@9F%I<B!V86QU92!M96%S=7)E;65N="!O9B`\+V9O;G0^
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M96EG:'1E9"!A=F5R86=E(&QI9F4N(%1H92!#34)3('-P<F5A9"!I<R!A;B`\
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M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DU"24$@0SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;W)P+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C$W.W,@
M;W=N(&%B:6QI='D@=&\@<&%Y(&%N9"!W:&5T:&5R(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^34))02!#;W)P+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M.C$P<'0[)R`^;&P@8F4@<F5P86ED+CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^02!S:6=N:69I8V%N="!I;F-R96%S
M92!O<B!D96-R96%S92!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D--0E,@
M<W!R96%D<R!W;W5L9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E<W5L="!I
M;B!A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN(&EN8W)E87-E(&]R(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9&5C<F5A<V4@:6X@=&AE(&9A:7(@=F%L=64@
M;V8@=&AE(&1E<FEV871I=F4@;&EA8FEL:70\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@<F5S<&5C=&EV96QY+B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D$@<VEG;FEF:6-A;G0@:6YC<F5A<V4@
M:6X@=V5I9VAT960@879E<F%G92!L:69E(&-A;B!R97-U;'0@:6X@86X@:6YC
M<F5A<V4@;W(@9&5C<F5A<V4@:6X@=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:&4@9F%I<B!V86QU92!O9B!T:&4@9&5R:79A=&EV92!L:6%B:6QI='DL(&1E
M<&5N9&EN9R!O;B!T:&4@9&ES8V]U;G0@<F%T92!A;F0@=&AE('1I;6EN9R!O
M9B!S:6=N:69I8V%N="!L;W-S97,N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M06YY('-I9VYI9FEC86YT(&EN8W)E87-E(&]R(&1E8W)E87-E(&EN(')E8V]V
M97)Y(')A=&5S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL(&]R($U"24$@0V]R
M<"XF(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYO;G!E<F9O<FUA
M;F-E(')I<VL\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G=O=6QD(')E<W5L="!I;B!A(&1E8W)E87-E(&]R(&EN8W)E
M87-E(&EN('1H92!F86ER('8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%L=64@
M;V8@=&AE(&1E<FEV871I=F4@;&EA8FEL:71I97,L(')E<W!E8W1I=F5L>2X@
M0TU"4R!S<')E861S+"!R96-O=F5R>2!R871E<RP@;F]N<&5R9F]R;6%N8V4@
M<FES:R!A;F0@=V5I9VAT960@879E<F%G92!L:79E<R!A<F4@9&5T97)M:6YE
M9"!I;F1E<&5N9&5N=&QY+B!#:&%N9V5S(&EN(&]N92!I;G!U="!W:6QL(&YO
M="!N96-E<W-A<FEL>2!H879E(&%N>2!I;7!A8W0@;VX@=&AE(&]T:&5R(&EN
M<'5T<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!S:6=N
M:69I8V%N="!U;F]B/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS97)V86)L92!I
M;G!U="!U<V5D(&EN('1H92!F86ER('9A;'5E(&UE87-U<F5M96YT(&]F(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^34))02!#;W)P+B8C.#(Q-SMS(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;75L=&DM<V5C=&]R($-$3R!C<F5D:70@9&5R
M:79A=&EV97,L('=H:6-H(&%R92!V86QU960@=7-I;F<@=&AE($1I<F5C="!0
M<FEC92!-;V1E;"P@:7,@;F]N<&5R9F]R;6%N8V4@<FES:RX@5&AE(&YO;G!E
M<F9O<FUA;F-E(')I<VL@:7,@86X@87-S=6UP=&EO;B!O9B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/DU"24$@0V]R<"XF(S@R,3<[<R`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F]W;B!A8FEL:71Y('1O('!A>2!A;F0@=V@\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F5T:&5R(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34))
M02!#;W)P+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G=I;&P@:&%V92!T:&4@
M;F5C97-S87)Y(')E<V]U<F-E<R!T;R!P87D@=&AE(&]B;&EG871I;VYS(&%S
M('1H97D@8V]M92!D=64N($%N>2!S:6=N:69I8V%N="!I;F-R96%S92!O<B!D
M96-R96%S92!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DU"24$@0V]R<"XF
M(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYO;G!E<F9O<FUA;F-E
M(')I<VL@=V]U;&0@<F5S=6QT(&EN(&$@9&5C<F5A<V4@;W(@:6YC<F5A<V4@
M:6X@=&AE(&9A:7(@=F%L=64@;V8@=&AE(&1E<FEV871I=F4@;&EA8FEL:71I
M97,L(')E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&5C=&EV96QY+CPO9F]N
M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE('-I9VYI9FEC86YT('5N
M;V)S97)V86)L92!I;G!U=',@=7-E9"!I;B!T:&4@9F%I<B!V86QU92!M96%S
M=7)E;65N="!O9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($U"24$@0V]R<"XF
M(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M86X[9F]N="US:7IE.C$P<'0[)R`^+"!A<F4@<F5C;W9E<GD@<F%T97,L(&YO
M;G!E<F9O<FUA;F-E(')I<VL@86YD('=E:6=H=&5D(&%V97)A9V4@;&EF92X@
M5&AE(')E8V]V93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<GD@<F%T92!R97!R
M97-E;G1S('1H92!P97)C96YT86=E(&]F(&YO=&EO;F%L(&5X<&5C=&5D('1O
M(&)E(')E8V]V97)E9"!A9G1E<B!A;B!A<W-E="!D969A=6QT<RP@:6YD:6-A
M=&EN9R!T:&4@<V5V97)I='D@;V8@82!P;W1E;G1I86P@;&]S<RX@5&AE(&YO
M;G!E<F9O<FUA;F-E(')I<VL@:7,@86X@87-S=6UP=&EO;B!O9B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/DU"24$@0V]R<"XF(S@R,3<[<R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F]W;B!A8FEL:71Y('1O('!A>2!A;F0@=VAE=&AE<B`\
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M87-E9"!O;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DU"24$@0V]R<"XF(S@R
M,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5S=&EM871E(&]F('=H96X@
M=&AE('!R:6YC:7!A;"!O9B!T:&4@=6YD97)L>6EN9R!C;VQL871E<F%L('=I
M;&P@8F4@<F5P86ED+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M="US:7IE.C$P<'0[)R`^06YY('-I9VYI9FEC86YT(&EN8W)E87-E(&]R(&1E
M8W)E87-E(&EN(')E8V]V97)Y(')A=&5S(&]R(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^34))02!#;W)P+B8C.#(Q-SMS(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;F]N<&5R9F]R;6%N8V4@<FES:R!W;W5L9"!R97-U;'0@:6X@82!D96-R
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M=71S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE('-I9VYI
M9FEC86YT('5N;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8G-E<G9A8FQE(&EN
M<'5T('5S960@:6X@=&AE(&9A:7(@=F%L=64@;65A<W5R96UE;G0@;V8\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!-0DE!($-O<G`N)B,X,C$W.W,@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YO=&AE<B!D97)I=F%T:79E<RP@=VAI8V@@87)E
M('9A;'5E9"!U<VEN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$@9&ES8V]U
M;G1E9"!C87-H(&9L;W<@;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V1E;#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"!I<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^97-T:6UA=&5S(&]F(&9U='5R92!C87-H(&9L;W=S(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9&ES8V]U;G1E9"!U<VEN9R!M87)K970@<F%T
M97,@86YD($-$4R!S<')E861S+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%N
M>2!S:6=N:69I8V%N="!I;F-R96%S92!O<B!D96-R96%S92!I;B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F9U='5R92!C87-H(&9L;W=S(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=V]U;&0@<F5S=6QT(&EN(&$\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M.C$P<'0[)R`^(&EN('1H92!F86ER('9A;'5E(&]F('1H92!D97)I=F%T:79E
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M)R`^+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US
M='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/D9A:7(@5F%L=64@365A
M<W5R96UE;G1S/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/CH\+V9O;G0^/"]P
M/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C<V<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-S9P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D9A:7(@5F%L=64@365A<W5R96UE;G1S(&%T(%)E<&]R=&EN9R!$871E
M(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-C8N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V
M-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y1=6]T960@4')I8V5S(&EN/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E-I9VYI9FEC86YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38V+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C8N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^06-T:79E($UA<FME=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3:6=N:69I8V%N=#PO9F]N=#X\+W1D
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0V]U;G1E<G!A<G1Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!)9&5N=&EC86P\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^3V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E5N;V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^86YD($-A<V@\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0F%L86YC92!A<R!O9CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38V+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C8N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^07-S971S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<'5T<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DEN<'5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A
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M8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3DV+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^
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M:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^*$QE=F5L(#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/BA,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,979E;"`S*3PO9F]N
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M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T=&EN9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N=#X\+W1D/CQT9"!S='EL
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9I>&5D
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M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#EP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E4N4RX@5')E
M87-U<GD@86YD(&=O=F5R;FUE;G0@86=E;F-Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4W,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C8Y,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3=&%T92!A;F0@;75N
M:6-I<&%L(&)O;F1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#<R-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#<S,CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&;W)E:6=N(&=O=F5R;FUE;G1S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,C$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M,#`P,#`P.R<@/C8S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(Y,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A=&EO;G,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L,#0X/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\<W5P/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#`U.#PO9F]N=#X\+W1D/CPO='(^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G
M92UB86-K960@<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED
M96YT:6%L(&UO<G1G86=E+6)A8VME9"!A9V5N8WD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M,#`P,#`P.R<@/C$L,38R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L,38R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C:V5D(&YO
M;BUA9V5N8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4V/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4V/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]M;65R8VEA;"!M
M;W)T9V%G92UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F
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M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(R/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^0V]L;&%T97)A;&EZ960@9&5B="!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D
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M:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@W/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^.3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.#$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U-CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C@U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\
M+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\
M+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C0Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M+7=I9'1H.C$W-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M5&]T86P@9FEX960M;6%T=7)I='D@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<Y-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-2PS-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ.3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPS-#4\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^36]N97D@;6%R:V5T('-E8W5R:71I97,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0R.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#(X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!E
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M:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-A<V@@86YD(&-A<V@@
M97%U:79A;&5N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<R.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S(Y/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@87-S971S.CPO9F]N=#X\+W1D
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M:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/DYO;BUI;G-U<F5D(&1E<FEV871I=F4@87-S971S.CPO
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M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T92!D97)I=F%T:79E<SPO
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M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^07-S971S(&AE;&0@9F]R('-A;&4Z/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^17%U:71Y('-E8W5R:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&]A;G,@<F5C96EV86)L92!A="!F86ER('9A;'5E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C<Q,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#87-H(&%N9"!C87-H
M(&5Q=6EV86QE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-34\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L
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M<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64@365A<W5R96UE;G1S(&%T(%)E<&]R
M=&EN9R!$871E(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y1=6]T960@4')I8V5S(&EN/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/E-I9VYI9FEC86YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38V+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-C8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^06-T:79E($UA<FME=',\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^3W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3:6=N:69I8V%N=#PO
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M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^0V]U;G1E<G!A<G1Y/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!)9&5N
M=&EC86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3V)S97)V86)L93PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/E5N;V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^86YD($-A<V@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0F%L86YC92!A<R!O9CPO9F]N=#X\+W1D/CPO='(^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38V+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-C8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^07-S971S/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DEN<'5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<'5T<SPO9F]N=#X\+W1D/CQT
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3DV+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO
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M.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#$I/"]F;VYT/CPO=&0^/'1D
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M,#`P,#`P.R<@/BA,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,979E
M;"`S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT
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M.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^3F5T=&EN9SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/C(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S(&]F(&-O;G-O;&ED
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#EP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8U/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DUO<G1G86=E+6)A8VME9"!S96-U<FET:65S.CPO9F]N=#X\+W1D
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M:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C:V5D(&YO;BUA9V5N
M8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y-#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U
M<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3<\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#8\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M07-S970M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S970M8F%C:V5D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M;W(Z(S`P,#`P,#LG(#XS-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-C$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:#PO9F]N=#X\+W1D/CQT9"!S
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M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/DQO86YS(')E8V5I=F%B;&4@870@9F%I<B!V
M86QU93H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&QO86YS(')E
M8V5I=F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#0S,3PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y,;V%N(')E<'5R8VAA<V4@8V]M;6ET;65N=',\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XS-SD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<Y
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&%S<V5T<SPO9F]N=#X\+W1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-BPU,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPP.3<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@Q*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ,"PV,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71I97,Z/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^365D:75M+71E<FT@;F]T97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
M=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3DW/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E
M<FEV871I=F4@;&EA8FEL:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M26YS=7)E9"!D97)I=F%T:79E<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
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M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-R961I
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C(T-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#8\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^3F]N+6EN<W5R960@9&5R:79A=&EV97,Z/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.#$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y);G1E<F5S="!R871E(&1E<FEV871I=F5S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M(S`P,#`P,#LG(#XR-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
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M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@Q*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$V-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(#PO9F]N=#X\+W1D/CQT9"!S
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M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S(&AE
M;&0@9F]R('-A;&4Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@
M:6YT97)E<W0@96YT:71Y(&YO=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XT,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C0S,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3@Y<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@Y<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y087EA8FQE(&9O<B!L;V%N<R!P=7)C:&%S960\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,R,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S(S/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E=A
M<G)A;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C@\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&EA8FEL:71I97,@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT:71Y
M(&YO=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#,Q,CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C<S-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#`T-SPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.38N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!L:6%B:6QI=&EE<SPO9F]N=#X\+W1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+#,T-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#(P,#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.#$I/"]F;VYT/CPO=&0^
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L
M-#8S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV,2XU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#(Q(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34P
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU-3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0Q,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(W-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^1F%I<B!686QU92!-96%S=7)E;65N=',@870@
M4F5P;W)T:6YG($1A=&4@57-I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;6EN+7=I9'1H.C$V-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C8Y<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^475O=&5D(%!R:6-E<R!I;CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#Y3:6=N:69I8V%N=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
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M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M(S`P,#`P,#LG(#Y!8W1I=F4@36%R:V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y/=&AE<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-I9VYI9FEC86YT/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HV.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!)9&5N=&EC86P\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N;V)S
M97)V86)L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
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M8V]L;W(Z(S`P,#`P,#LG(#YA;F0@0V%S:#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-31P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"86QA
M;F-E(&%S(&]F/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G!U=',\+V9O;G0^/"]T9#X\=&0@
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;#PO9F]N=#X\+W1D/CQT9"!S
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DU<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH3&5V96P@,2D\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#(I/"]F;VYT/CPO=&0^
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M-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^*$QE=F5L(#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYE='1I;F<\+V9O;G0^
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M;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N
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M9'1H.C8Q+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S.CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E4N4RX@5')E87-U<GD@86YD(&=O=F5R;FUE;G0@86=E;F-Y/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,Y
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ-38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4U,SPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4W1A
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PW-C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$L-S@T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&=O=F5R;FUE;G1S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8U/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\<W5P/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XQ.#D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T92!O
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PW-S8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F
M;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L.#(T/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y-;W)T9V%G92UB86-K960@<V5C=7)I=&EE<SH\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;6EN+7=I9'1H.C$X,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C:V5D(&%G96YC>3PO9F]N=#X\
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M:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$L,3<S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y297-I9&5N=&EA;"!M;W)T9V%G92UB
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\
M+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\
M+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3(\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;6UE
M<F-I86P@;6]R=&=A9V4M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
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M<CHC,#`P,#`P.R<@/D%S<V5T+6)A8VME9"!S96-U<FET:65S.CPO9F]N=#X\
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M:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3@P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I;VYS/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M8V]L;W(Z(S`P,#`P,#LG(#XW,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@R/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,34T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S,#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^
M/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@X
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O
M=&%L(&9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,#D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C,Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4L.3DV/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^36]N97D@;6%R:V5T('-E8W5R:71I97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<X
M,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-S@S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4&5R<&5T=6%L(&1E8G0@86YD
M(&5Q=6ET>2!S96-U<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4Q/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^0V%S:"!A;F0@8V%S:"!E<75I=F%L96YT<SPO9F]N
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M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2PQ-C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$L,38Q/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R
M:79A=&EV92!A<W-E=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYO;BUI
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M-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S
M="!R871E(&1E<FEV871I=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
M-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@T,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$V-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D9A:7(@5F%L=64@365A<W5R96UE;G1S(&%T(%)E<&]R=&EN9R!$871E
M(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV.7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/E%U;W1E9"!0<FEC97,@:6X\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VEG
M;FEF:6-A;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$V-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-T
M:79E($UA<FME=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^
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M(S`P,#`P,#LG(#Y3:6=N:69I8V%N=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W5N=&5R<&%R='D\
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#YF;W(@261E;G1I8V%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]B
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;F]B<V5R=F%B;&4\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^86YD($-A<V@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!A<R!O9CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^26YP=71S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YP=71S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D-O;&QA=&5R86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$Y-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO
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M.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#$I/"]F;VYT/CPO=&0^/'1D
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M,#`P,#`P.R<@/BA,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,979E
M;"`S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N
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M8V]L;W(Z(S`P,#`P,#LG(#Y.971T:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!O9B!C;VYS;VQI9&%T960@5DE%
M<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L
M:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0Q/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX.3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M36]R=&=A9V4M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED
M96YT:6%L(&UO<G1G86=E+6)A8VME9"!N;VXM86=E;F-Y/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M;W(Z(S`P,#`P,#LG(#XR-34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C4Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L(&UO<G1G86=E+6)A8VME9#PO9F]N
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M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`R/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D
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M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$P-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S970M8F%C:V5D
M('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;&QA=&5R86QI>F5D(&1E8G0@
M;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
M=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-CPO9F]N=#X\+W1D
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M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S
M970M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^
M/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3@\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/DUO;F5Y(&UA<FME="!S96-U<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,S8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$S-CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V%S:#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDW
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y,;V%N<R!R96-E:79A8FQE(&%T(&9A:7(@=F%L=64\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#8Q
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#8Q,CPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]A
M;B!R97!U<F-H87-E(&-O;6UI=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S4Y/"]F
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U.3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S$S/"]F;VYT/CPO=&0^
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2PW-C,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,BPS-3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#0R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,"PW.#8\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3DU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y,:6%B:6QI=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-961I=6TM=&5R;2!N;W1E
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#,\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3DU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y$97)I=F%T:79E(&QI86)I;&ET:65S.CPO9F]N=#X\+W1D/CQT
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M=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);G-U<F5D(&1E<FEV871I=F5S.CPO9F]N=#X\+W1D/CQT
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M=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3@P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M<F5D:70@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XQ+#$T-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$U
M,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3F]N+6EN<W5R960@9&5R:79A=&EV97,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DEN=&5R97-T(')A=&4@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M<CHC,#`P,#`P.R<@/C$V-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-C4I/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&QI86)I;&ET:65S.CPO
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M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y787)R86YT<SPO9F]N=#X\+W1D/CQT
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M=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71I97,@;V8@8V]N
M<V]L:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E9A<FEA
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M-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PT,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,BPS-38\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@;&EA8FEL:71I
M97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D-U<G)E;F-Y(&1E<FEV871I=F5S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&QI86)I;&ET:65S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(L,S`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-C4I/"]F;VYT/CPO=&0^/'1D
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L-S@Q
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
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M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0R,2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U,"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34P+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@56YO8G-E
M<G9A8FQE(&EN<'5T<R!A<F4@96ET:&5R(&YO="!D979E;&]P960@8GD@=&AE
M($-O;7!A;GD@;W(@9&\@;F]T('-I9VYI9FEC86YT;'D@:6UP86-T('1H92!O
M=F5R86QL(&9A:7(@=F%L=65S(&]F('1H92!A9V=R96=A=&4@9FEN86YC:6%L
M(&%S<V5T<R!A;F0@;&EA8FEL:71I97,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A
M8FQE/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y,979E;"`S
M(&%S<V5T<R!A="!F86ER('9A;'5E(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(')E<')E<V5N=&5D(&%P<')O>&EM871E;'D@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XR,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C(\+V9O;G0^/&9O;G0@<W1Y
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M<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M<F5P<F5S96YT960@87!P<F]X:6UA=&5L>2`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C,U/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XE/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#X@86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-C$\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B4L(')E<W!E8W1I=F5L>2P@;V8@=&]T86P@;&EA
M8FEL:71I97,@;65A<W5R960@870@9F%I<B!V86QU92X@/"]F;VYT/CPO<#X\
M<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G
M:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@9F]L;&]W:6YG('1A8FQE<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^('!R97-E;G0@=&AE(&9A:7(@=F%L=65S(&%N
M9"!C87)R>6EN9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('9A/"]F;VYT/CQF
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M.R`^/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA
M<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR,#<N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<B!6
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M:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/E%U;W1E9"!0<FEC97,@:6X\+V9O;G0^/"]T9#X\
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^4VEG;FEF:6-A;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VEG;FEF:6-A
M;G0@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-A<G)Y(%9A;'5E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW,G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B!!
M8W1I=F4@36%R:V5T<R!F;W(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;F]B<V5R
M=F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!A<R!O
M9B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4@87,@;V8@/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^($ED96YT:6-A;"!!<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^26YP=71S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<'5T<SPO
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,C`R+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
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M;VQO<CHC,#`P,#`P.R<@/B`H3&5V96P@,2D\+V9O;G0^/"]T9#X\=&0@<W1Y
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^("A,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#X@*$QE=F5L(#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P
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M;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^07-S971S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[8F]R9&5R+71O
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
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M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!I;G9E<W1M96YT
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^06-C<G5E9"!I;G9E<W1M96YT(&EN8V]M93PO9F]N=#X\<W5P/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C0S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(S+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE
M(&9O<B!I;G9E<W1M96YT<R!S;VQD/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
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M=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C8Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M8V]L;W(Z(S`P,#`P,#LG(#XV.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!H96QD(&9O<B!S86QE.CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Y,RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DS+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9A8VEL:71Y/"]F;VYT/CPO=&0^/'1D
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M:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!O9B!C;VYS;VQI9&%T960@5DE%
M<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M96YT<R!H
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M-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8S,CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BPW-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O
M=&%L(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C(L-C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPW-S0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+#@Y.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71I97,Z/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID
M;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV-"XU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
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M.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.3,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C<P-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,#4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-30W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S
M+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-961I=6TM=&5R;2!N
M;W1E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M8V]L;W(Z(S`P,#`P,#LG(#XX,#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@P,3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PP,#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Y,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3DS+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DQO;F<M=&5R;2!D96)T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L,3<R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M;W(Z(S`P,#`P,#LG(#XQ+#$W,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PX,3`\
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!A>6%B;&4@9F]R(&EN=F5S
M=&UE;G1S('!U<F-H87-E9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XT,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0R/"]F;VYT/CPO
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M(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960@5DE%<SH\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S<Y/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR+#<W.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPW-3<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L(&QI86)I;&ET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PR,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#(X-3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPQ-C`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P
M,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D9I;F%N8VEA;"!'=6%R86YT965S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID
M;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PP-3$\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PP
M-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PY-3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
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M,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q."!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4V,RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4V,RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<&]R=&5D('=I
M=&AI;B`F<75O=#M/=&AE<B!A<W-E=',F<75O=#L@;VX@34))028C,SD[<R!C
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M,#`P,#`[)R`^*#(I("T@4F5P;W)T960@=VET:&EN("9Q=6]T.T]T:&5R(&QI
M86)I;&ET:65S)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A
M;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\
M9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM
M87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DS+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`W+C<U<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,#<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64@365A<W5R96UE;G1S(&%T
M(%)E<&]R=&EN9R!$871E(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E%U;W1E9"!0
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M86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VEG;FEF:6-A;G0\+V9O;G0^/"]T
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M,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^4VEG;FEF:6-A;G0@/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D9A:7(@5F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#87)R
M>2!686QU93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E
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M:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^($%C=&EV92!-87)K971S(&9O<CPO9F]N=#X\+W1D
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M(S`P,#`P,#LG(#X@3W1H97(@3V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S
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M(S`P,#`P,#LG(#Y5;F]B<V5R=F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0F%L86YC92!A<R!O9B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"
M86QA;F-E(&%S(&]F(#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N
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M.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^($ED96YT:6-A;"!!<W-E=',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^26YP=71S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DEN<'5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL
M;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H3&5V96P@,2D\+V9O;G0^/"]T9#X\
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M:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^("A,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#X@*$QE=F5L(#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[8F]R9&5R+71O
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
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M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U
M<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!I;G9E<W1M96YT
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M.3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y!8V-R=65D(&EN=F5S=&UE;G0@:6YC;VUE/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^
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M=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M8V]L;W(Z(S`P,#`P,#LG(#XU,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3(\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5C96EV86)L92!F;W(@:6YV
M97-T;65N=',@<V]L9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(R/"]F;VYT/CPO=&0^/"]T<CX\
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M<CHC,#`P,#`P.R<@/DYE="!C87-H(&-O;&QA=&5R86P@<&QE9&=E9#PO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
M=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!H96QD(&9O
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1F%C:6QI='D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A=&5D(%9)
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;65N=',@:&5L9"UT;RUM
M871U<FET>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8U,3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BPV-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C(L.#`Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&%S<V5T<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8U-3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(L-S@R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L.3,S/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S.CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;65N="!A9W)E96UE;G1S
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@Q-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C<P,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ.3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Y,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y-961I=6TM=&5R;2!N;W1E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,C<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/CDR-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C(T/"]F;VYT/CPO=&0^
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M=#MC;VQO<CHC,#`P,#`P.R<@/DQO;F<M=&5R;2!D96)T/"]F;VYT/CPO=&0^
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M=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#0Q,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M-S`R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DS+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!A>6%B;&4@9F]R
M(&EN=F5S=&UE;G1S('!U<F-H87-E9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XS,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960@5DE%<SH\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT:71Y(&YO
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S4Q/"]F;VYT/CPO=&0^
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M;W(Z(S`P,#`P,#LG(#XR+#<U,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L
M.3,P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&QI86)I;&ET:65S/"]F
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8T+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PT-#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#0Y,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C4L.3,U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8L-3@W/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D9I;F%N8VEA;"!'=6%R86YT965S.CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPX-#,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPX
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(L,S@X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Y,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3DS+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/C<Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/C<V/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?
M7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q-R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4T,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW+C5P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q*2`M(%)E<&]R=&5D('=I=&AI;B`F<75O=#M/=&AE<B!A
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M="US:7IE.C<N-7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@4F5P;W)T960@
M=VET:&EN("9Q=6]T.T]T:&5R(&QI86)I;&ET:65S)G%U;W0[(&]N($U"24$F
M(S,Y.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D
M/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^5&AE(&9O;&QO=VEN9R!T86)L97,@<')E<V5N="!I;F9O<FUA=&EO;B!A
M8F]U="!C:&%N9V5S(&EN($QE=F5L(#,@87-S971S("AI;F-L=61I;F<@<VAO
M<G0M=&5R;2!I;G9E<W1M96YT<RD@86YD(&QI86)I;&ET:65S(&UE87-U<F5D
M(&%T(&9A:7(@=F%L=64@;VX@82!R96-U<G)I;F<@8F%S:7,@9F]R('1H92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87)S(&5N9&5D/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S
M,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XR,#$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XZ/"]F
M;VYT/CPO<#X\+V1I=CX\9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL
M87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!C;VQS
M<&%N/3-$-#`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,S@N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3,X+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y#:&%N9V5S(&EN($QE=F5L(#,@07-S971S(&%N9"!,:6%B
M:6QI=&EE<R!-96%S=7)E9"!A="!&86ER(%9A;'5E(&]N(&$@4F5C=7)R:6YG
M($)A<VES(&9O<B!T:&4@665A<B!%;F1E9"!$96-E;6)E<B`S,2P@,C`Q-#PO
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M:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;CPO9F]N=#X\
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M=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N
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M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y'86EN<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/BA,;W-S97,I(&9O<CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/G1H92!097)I;V0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y)
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y%87)N:6YG<R!F;W(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y'86EN<R`O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\
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M.B,P,#`P,#`[)R`^1F]R96EG;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D%S<V5T<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/BA,;W-S97,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V%I;G,@+SPO9F]N=#X\
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M.B,P,#`P,#`[)R`^17AC:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#YS=&EL;"!H96QD/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0F%L86YC92P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C,P+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E86QI>F5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^26YC;'5D960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH3&]S
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;V=N:7IE9#PO9F]N=#X\+W1D
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E1R86YS9F5R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1R86YS9F5R<SPO
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%S(&]F/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F5G:6YN:6YG/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y'86EN<R`O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X\+V9O;G0^
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M(S`P,#`P,#LG(#Y);F-L=61E9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,S@N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X@3T-)
M(&]R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6YT;SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F]U
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M.V-O;&]R.B,P,#`P,#`[)R`^16YD:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-C,N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,T+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#YO9B!996%R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QO<W-E
M<RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^16%R;FEN9W,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^:6X@3T-)/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16%R;FEN9W,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
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M.B,P,#`P,#`[)R`^4'5R8VAA<V5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DES<W5A
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M86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-E='1L96UE;G1S/"]F;VYT/CPO
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M,3DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/E-A;&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQE=F5L(#,\+V9O
M;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQE=F5L(#,\
M+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC93PO
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M:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-C,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y!<W-E=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&;W)E:6=N(&=O=F5R;FUE;G1S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$U*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^0V]R<&]R871E(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0X/"]F
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M<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^
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M,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#<I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@T."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,#`P,#`[)R`^("!B86-K960@86=E;F-Y/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#@I
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^,S<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(Y*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/D-O;6UE<F-I86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&UO<G1G86=E+6)A8VME9#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,30I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E<F%L
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^("!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M;VQO<CHC,#`P,#`P.R<@/B@T,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,S8\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#<I
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XX-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&%S<V5T+6)A8VME
M9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^-3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M;&]R.B,P,#`P,#`[)R`^*#(W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^.#4\+V9O;G0^/"]T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y3=&%T92!A;F0@;75N:6-I<&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!B;VYD<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.V-O;&]R.B,P,#`P,#`[)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0V/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U
M,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,C(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y097)P971U86P@9&5B="!A
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M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@<V5C=7)I=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&-O;G-O;&ED871E9"!6245S
M.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,"D\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(U/"]F;VYT/CPO=&0^/'1D
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
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M,#`P,#`P.R<@/C4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^("!B86-K960@;F]N+6%G96YC>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L/"]F;VYT/CPO=&0^/'1D('-T
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!M;W)T9V%G92UB86-K
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M;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@S
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;&]R.B,P,#`P,#`[)R`^("!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,"D\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@S*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&%S<V5T+6)A8VME9#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XU-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@R-BD\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.B,P,#`P,#`[)R`^*#$P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@Y*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,2PV,3(\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C8N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@R,C`I
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#0S,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N(')E<'5R8VAA<V4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&-O;6UI
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,U.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^,S<Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&%S<V5T
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR+#,U,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,Q/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@S,38I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,3`I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(T
M,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,30P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BPP.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C4Q/"]F;VYT/CPO=&0^
M/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R
M+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D-H86YG92!I;CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^=&AE(%!E<FEO
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YC;'5D960@:6X\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N
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M,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%87)N:6YG
M<R!F;W(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$=A:6YS*2`O
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S
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M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^1F]R96EG;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
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M:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y,;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C,T+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH1V%I;G,I("\\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D5X8VAA;F=E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/G-T:6QL(&AE;&0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M0F%L86YC92P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C,P+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E86QI>F5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^26YC;'5D960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S
M97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C,X+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]G;FEZ960\+V9O;G0^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^5')A;G-F97)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5')A;G-F97)S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^87,@;V8\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F5G:6YN:6YG/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#XH1V%I;G,I("\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/DEN8VQU9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;B!/
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(R+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6YT;SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16YD:6YG/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/F]F(%EE87(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y,;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16%R;FEN9W,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
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M,#`P,#`[)R`^:6X@3T-)/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16%R;FEN9W,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^4'5R8VAA<V5S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-E='1L96UE;G1S/"]F
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M.B,P,#`P,#`[)R`^4V%L97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&5V96P@,SPO
M9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&5V96P@
M,SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR-W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C=P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"86QA;F-E
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M;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S.CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M=&@Z,C(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
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M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^365D:75M+71E<FT@;F]T97,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C`S/"]F
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(V*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-BD\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#<F5D:70@9&5R:79A=&EV
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M;VQO<CHC,#`P,#`P.R<@/C$L,30W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0Q
M-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH.3`S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@T,34I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C`I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&1E<FEV871I
M=F5S+"!N970\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,P/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&EA8FEL:71I97,@;V8@/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!C;VYS;VQI9&%T
M960@5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C8N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y6244@;F]T97,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#`\+V9O;G0^
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS/"]F;VYT/CPO=&0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#,I/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^-S,U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,CPO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D-U<G)E;F-Y(&1E
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`@;F5T/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3$\+V9O
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-2D\
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-BD\+V9O
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,3$I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^5&]T86P@;&EA8FEL:71I97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#,P,3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(V+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XT-#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#@T."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S(I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH-C(V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#0S*3PO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PR,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7U]?7SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
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M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0T,"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T."XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4T."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,2D@+2!4<F%N<V9E<G)E9"!I;B!A;F0@;W5T(&%T('1H92!E;F0@;V8@=&AE
M('!E<FEO9"X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T
M,"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T."XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T."XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!0<FEM87)I
M;'D@<F5L871E<R!T;R!T:&4@9&5C;VYS;VQI9&%T:6]N(&]F(%9)17,N(#PO
M9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQT86)L92!S='EL
M93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[
M(#X\='(@/CQT9"!C;VQS<&%N/3-$-#`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-3$N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4U,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@:6X@3&5V96P@
M,R!!<W-E=',@86YD($QI86)I;&ET:65S($UE87-U<F5D(&%T($9A:7(@5F%L
M=64@;VX@82!296-U<G)I;F<@0F%S:7,@9F]R('1H92!996%R($5N9&5D($1E
M8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D-H86YG92!I;CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C%P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D=A:6YS/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/BA,;W-S97,I(&9O<CPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C%P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YT:&4@4&5R:6]D/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU9&5D(&EN/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C%P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%
M87)N:6YG<R!F;W(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D=A:6YS("\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C,T+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y&;W)E:6=N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C%P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
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M=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/BA,;W-S97,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V%I;G,@
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AC:&%N9V4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G-T:6QL(&AE;&0\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
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M:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y296%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU9&5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^*$QO<W-E<RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C,T+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4<F%N<V9E<G,\+V9O
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M;W(Z(S`P,#`P,#LG(#Y4<F%N<V9E<G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\
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M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y"96=I;FYI;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C,P+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=A:6YS
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU
M9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;B!/0TD@;W(\+V9O;G0^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#YI;G1O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^;W5T(&]F/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y%;F1I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q
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M.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^;V8@665A<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C,P+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,;W-S97,I
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M:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT/CPO
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M,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/E!U<F-H87-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y)<W-U86YC
M97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3971T;&5M96YT<SPO9F]N=#X\+W1D
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y386QE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N
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M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,979E;"`S
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS
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M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,979E
M;"`S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C,P+C<U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D)A;&%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(V+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX@9V]V97)N;65N
M=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3`\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C<V/"]F;VYT/CPO=&0^/'1D('-T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-BD\
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M,#`P,#`[)R`^*#(X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-SPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G
M86=E+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@(&)A8VME9"!A9V5N8WD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&)A8VME9"!N;VXM86=E;F-Y
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M,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^0V]M;65R8VEA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&UO<G1G86=E+6)A8VME9#PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3DI/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT
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M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B=#PO9F]N=#X\+W1D/CQT9"!S='EL
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&]B;&EG
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M;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XV,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-RD\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@S,"D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C8N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$P*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M,#`P,#`P.R<@/C0W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XU.#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/E-T871E(&%N9"!M=6YI8VEP86P\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!B
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M<CHC,#`P,#`P.R<@/C$P,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3,I
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M;VQO<CHC,#`P,#`P.R<@/C0R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,#DI/"]F;VYT/CPO=&0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^4&5R<&5T=6%L(&1E8G0@86YD(&5Q=6ET>3PO
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M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@('-E8W5R:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O
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M.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^("!C;VYS;VQI9&%T960@5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIR
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^0V]R<&]R871E
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^-S@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@T*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+3PO
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M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@(&)A8VME9"!N;VXM86=E;F-Y/"]F;VYT/CPO=&0^/'1D
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C%P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C%P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^0V]M;65R8VEA;#PO
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M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@(&UO<G1G86=E+6)A8VME9#PO9F]N=#X\+W1D/CQT9"!S
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C<\+V9O;G0^
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,C0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;&QA=&5R86QI>F5D
M(&1E8G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.V-O;&]R.B,P,#`P,#`[)R`^("!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$R-3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@X*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.#4I/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0\
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M,#`P,#`[)R`^*#$T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D]T
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C8T/"]F;VYT/CPO=&0^/'1D('-T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^*#DI/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C$\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/C4T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^3&]A;G,@<F5C96EV86)L93PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$L.#@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(W-2D\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$W-"D\
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N(')E<'5R8VAA<V4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,#@V/"]F;VYT/CPO=&0^
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3<R/"]F;VYT
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,S4Y/"]F
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-S(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!A<W-E=',\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+#4S,CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(V+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,T,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C<U/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$L,C<R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S<T*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3@\+V9O
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^,BPS-3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,U,#PO9F]N=#X\+W1D/CPO
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D-H86YG92!I;CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/BA'86EN<RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C,N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YT
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y%87)N:6YG<R!F;W(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^*$=A:6YS*2`O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N
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M;&]R.B,P,#`P,#`[)R`^1F]R96EG;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S/"]F;VYT/CPO=&0^/"]T
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M=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA'86EN
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AC:&%N9V4\+V9O;G0^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YS=&EL;"!H96QD/"]F;VYT
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M=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y296%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU9&5D/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O9VYI
M>F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C,N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5')A;G-F97)S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^5')A;G-F97)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA
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M.B,P,#`P,#`[)R`^87,@;V8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F5G:6YN
M:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS,"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH1V%I;G,I("\\+V9O;G0^
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M(S`P,#`P,#LG(#YI;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU9&5D/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#YI;B!/0TD@;W(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@
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M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#YI;G1O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^;W5T(&]F/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C=P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%
M;F1I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^;V8@665A<CPO9F]N
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M.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CQT9"!S
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M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;B!/0TD\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y%87)N:6YG<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0=7)C:&%S
M97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^27-S=6%N8V5S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S@N,C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^4V5T=&QE;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR-RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C<N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y386QE<SPO
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M8V]L;W(Z(S`P,#`P,#LG(#Y,979E;"`S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,979E;"`S/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO
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M.VUI;BUW:61T:#HR-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$V-3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,CD\
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/C(P,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/C,X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^0W)E9&ET(&1E<FEV871I=F5S+"!N970\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+#DR,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#4T.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$L-30X*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C@W/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T93PO9F]N=#X\+W1D/CQT
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!D
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(V+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$X*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/D-U<G)E;F-Y(#PO9F]N=#X\+W1D/CQT9"!S
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C,N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!D97)I
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\=&0@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<R!O9B`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@8V]N<V]L
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,S+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y6244@;F]T97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#DS
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$X,#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<CHC,#`P,#`P.R<@/B@R-S<I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#`W-BD\+V9O
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/CDT,#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^.3(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#=7)R96YC>2!D97)I=F%T:79E<RP\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
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M.B,P,#`P,#`[)R`^("!N970\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,"D\+V9O;G0^
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$P*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/E1O=&%L(&QI86)I;&ET:65S/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-2PP,SD\+V9O;G0^/"]T
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PU-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$L-3<W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/CD\+V9O;G0^
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@Q+#@R-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$L,#<V*3PO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO
M<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$X-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(L,S`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#D\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?
M7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
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M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
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M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0T,"!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4T.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4T.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D@+2!4<F%N<V9E<G)E9"!I;B!A;F0@;W5T(&%T('1H92!E;F0@;V8@
M=&AE('!E<FEO9"X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0T,"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T.7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!0<FEM87)I;'D@
M<F5L871E<R!T;R!T:&4@9&5C;VYS;VQI9&%T:6]N(&]F(%9)17,N/"]F;VYT
M/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.CEP
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y4<F%N<V9E<G,@:6YT;R!A;F0@;W5T(&]F($QE=F5L(#,@=V5R
M92`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR-#`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B!M:6QL:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ
M-#`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX@
M5')A;G-F97)S(&EN=&\@86YD(&]U="!O9B!,979E;"`R('=E<F4@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XD/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ-#`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(&%N9"`D/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XR-#`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y4<F%N<V9E
M<G,@:6YT;R!,979E;"`S('=E<F4@<')I;F-I<&%L;'D@<F5L871E9"!T;R`\
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M="US:7IE.C$P<'0[)R`^(%)-0E,@86=E;F-Y+"!#1$\\+V9O;G0^/&9O;G0@
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V%N="!T;R!T:&5I<B!V86QU
M871I;VXL(&)E8V%M92!U;F]B<V5R=F%B;&4@9'5R:6YG('1H92!P97)I;V0N
M(%-T871E(&%N9"!M=6YI8VEP86P@8F]N9',L(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;W1H97(@04)3(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E)-
M0E,@86=E;F-Y(&-O;7!R:7-E9"!T:&4@;6%J;W)I='D@;V8@=&AE('1R86YS
M9F5R<F5D(&EN<W1R=6UE;G1S(&]U="!O9B!,979E;"`S('=H97)E(&EN<'5T
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M.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R
M9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^5')A;G-F97)S(&EN/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT;R!A;F0@;W5T(&]F($QE=F5L(#,@=V5R92`D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XT,#,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M
M:6QL:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX@5')A;G-F97)S
M(&EN=&\@86YD(&]U="!O9B!,979E;"`R('=E<F4@)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,3DX/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!A
M;F0@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-#`S/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#X@;6EL;&EO;BP@<F5S<&5C=&EV96QY+"!F;W(@=&AE(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^>65A<B!E;F1E9#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F
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M<'0[)R`^5')A;G-F97)S(&EN=&\@3&5V96P@,R!W97)E('!R:6YC:7!A;&QY
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M:7IE.C$P<'0[)R`^96-A;64@=6YO8G-E<G9A8FQE(&1U<FEN9R!T:&4@/"]F
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M.C$P<'0[)R`^5&AE<F4@=V5R92!N;R!T<F%N<V9E<G,@:6YT;R!O<B!O=70@
M;V8@3&5V96P@,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`@/"]F;VYT/CPO
M<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM
M87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!;&P@3&5V96P@,2P@,B!A;F0@,R!D
M97-I9VYA=&EO;G,@87)E(&UA9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!A
M="!T:&4@96YD(&]F(&5A8V@@86-C;W5N=&EN9R!P97)I;V0N/"]F;VYT/CPO
M<#X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^*'(\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F5A;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^96%L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M86X[9F]N="US:7IE.C$P<'0[)R`^96$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M>F4Z,3!P=#LG(#YR96QA=&EN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"`S(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&D\+V9O;G0^/&9O;G0@<W1Y
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M.C$P<'0[)R`^>65A<G,@96YD960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N
M9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F4@<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^97!O/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M.C$P<'0[)R`^;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F]L:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;W!E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YI;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SH\+V9O;G0^/"]P/CPO9&EV
M/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E
M.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y
M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ-C4N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$V-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-CDN-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38Y+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M:&%N9V4@:6X@56YR96%L:7IE9"!'86EN<R`H3&]S<V5S*3PO9F]N=#X\+W1D
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M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
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M.B,P,#`P,#`[)R`^9F]R('1H92!097)I;V0@26YC;'5D960@:6X@16%R;FEN
M9W,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y
M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ-C4N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$V-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L($=A:6YS("A,;W-S
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^9F]R($%S<V5T<R!A;F0@3&EA
M8FEL:71I97,@<W1I;&P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
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M;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M,#`P,#`[)R`^26YC;'5D960@:6X@16%R;FEN9W,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-CDN-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,38Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#YH96QD(&%S(&]F($1E8V5M8F5R(#,Q+"`\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Y,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
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M;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR
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M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
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M.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DQ+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DQ+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/E)E=F5N=65S.CPO9F]N=#X\+W1D/CQT9"!S='EL
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M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#4N-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L
M:7IE9"!G86EN<R`H;&]S<V5S*2!O;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`@(&EN<W5R960@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,#,\+V9O;G0^
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PX-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.#<I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XY,C<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Y,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y296%L:7IE9"!G86EN<R`H;&]S<V5S*2!A;F0@;W1H97(\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("`@<V5T=&QE;65N=',@
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#0U*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q+#4T."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#0P-RD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("!A="!F86ER('9A;'5E
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#,W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,SPO9F]N=#X\+W1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@V*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DQ+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DQ+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE
M="!I;G9E<W1M96YT(&QO<W-E<R!R96QA=&5D('1O(#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^("`@;W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER
M;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#8X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^
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M=#MC;VQO<CHC,#`P,#`P.R<@/E)E=F5N=65S(&]F(&-O;G-O;&ED871E9"!6
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("`@3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I
M;F%N8VEA;"!I;G-T<G5M96YT<R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@("`@("!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E/"]F
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@S,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ-C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,W-BD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V,#PO9F]N=#X\+W1D
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@R-S$I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y
M."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PP,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,38Q/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8U,#PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T
M.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y;&4Z:71A;&EC.VUA
M<F=I;BUL969T.C!P=#LG(#Y&86ER(%9A;'5E($]P=&EO;CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R
M9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GD@96QE8W1E9"!T;R!R
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M.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@9F]L;&]W:6YG('1A
M8FQE('!R97-E;G1S('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-H86YG
M97,@:6X@9F%I<B!V86QU92!I;F-L=61E9"!I;B!T:&4@0V]M<&%N>28C.#(Q
M-SMS(&-O;G-O;&ED871E9"!S=&%T96UE;G1S(&]F(&]P97)A=&EO;G,@9F]R
M('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87)S(&5N9&5D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E
M;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R<R!%;F1E
M9"!$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C<N-S5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M96YT
M<R!C87)R:65D(&%T(&9A:7(@=F%L=64\+V9O;G0^/'-U<#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`R/"]F;VYT
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-38N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^1FEX960M;6%T=7)I
M='D@<V5C=7)I=&EE<R!H96QD(&%T(&9A:7(@=F%L=64M5DE%/"]F;VYT/CQS
M=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]S
M=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("@Q,#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#4U*3PO9F]N=#X\+W1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/DQO86YS(')E8V5I=F%B;&4@870@9F%I<B!V86QU93H\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4V+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(W+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y297-I9&5N=&EA;"!M;W)T9V%G92!L;V%N<SPO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT
M/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3@R*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(W+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("@Q,#<I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3`W*3PO9F]N
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-S8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S8N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@;&]A;G,\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\
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M;W(Z(S`P,#`P,#LG(#X@,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,SPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#4V*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DQO86X@
M<F5P=7)C:&%S92!C;VUM:71M96YT<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-38N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`R,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(W+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$W,CPO9F]N=#X\+W1D
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M(S`P,#`P,#LG(#X@.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DUE9&EU;2UT97)M(&YO=&5S
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\
M+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-38N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B`S.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(W+C<U
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N;W1E<R`\+V9O;G0^/'-U
M<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U
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M8V]L;W(Z(S`P,#`P,#LG(#XR-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U
M-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(W+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`W/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?
M7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4V+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4V+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(W+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U-BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!297!O<G1E9"!W:71H
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M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@4F5P;W)T960@=VET
M:&EN("9Q=6]T.TYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS
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M:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P
M=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;W=I;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9R`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F%B;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!R/"]F;VYT/CQF;VYT('-T
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M)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-E(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G=E93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96=A/"]F
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M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86QU/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86X\+V9O
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M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96=A/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YI;CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9R!C/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"`\+V9O;G0^
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M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;F1I;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYO/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YS(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G4\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
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M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D%S(&]F($1E8V5M8F5R(#,Q+"`R,#$T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0W(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,U+C<U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S4N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D%S(&]F($1E8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(Q.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]N=')A
M8W1U86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#AP
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y#;VYT<F%C='5A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(Q.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(Q.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W5T<W1A;F1I;F<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y&86ER/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/=71S=&%N9&EN9SPO9F]N=#X\+W1D
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M<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(R.2XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(Y+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R:6YC:7!A;#PO9F]N
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#(N-S5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y$:69F97)E;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R:6YC
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$:69F97)E;F-E/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C(R.2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C(Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/DQO86YS(')E8V5I=F%B;&4@870@9F%I<B!V86QU93H\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
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M.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q.7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A
M9V4@;&]A;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PU-30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#,W-SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2PX-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#4V,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(X-#PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3EP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3EP=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G
M86=E(&QO86YS("@Y,"!D87ES(&]R(&UO<F4@<&%S="!D=64I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR,C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<S
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C,Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4P/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$X,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,3EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,3EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T
M:&5R(&QO86YS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,C$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S$Q/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C(Y
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,CDN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M5&]T86P@;&]A;G,@<F5C96EV86)L92!A="!F86ER('9A;'5E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-3`R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPQ
M-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS-C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(L,#<W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PV,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-C4\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
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M=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
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M(S`P,#`P,#LG(#Y687)I86)L92!I;G1E<F5S="!E;G1I='D@;F]T97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,RPU.#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XR+#0W.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,3`U/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
M+#<X-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C(L,S4V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PT,S$\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
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M=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
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M(S`P,#`P,#LG(#Y-961I=6TM=&5R;2!N;W1E<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#(\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XT-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C<V/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-S,\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S
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M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=60\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9'5R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YN9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&4@
M<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9',\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FYD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5DE%(&YO
M=&5S(')E<&]R=&5D(&EN('1H92!P<F5C961I;F<@=&%B;&4@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8G4\+V9O;G0^/&9O;G0@<W1Y
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:RX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M92!O9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:7IE.C$P<'0[)R`^5DE%(&YO=&5S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL
M('(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G4\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYG/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YD/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YP<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<'(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!F/"]F;VYT/CQF;VYT
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M86X[9F]N="US:7IE.C$P<'0[)R`^;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M;G0^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?
M3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D
M#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?
M-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,3<N:'1M
M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L
M90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI
M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS
M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU
M=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H
M;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP
M=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R
M="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY);G9E<W1M
M96YT<SQB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S
M,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT
M+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I
M9VAT.F)O;&0[;6%R9VEN+6QE9G0Z,'!T.R<@/DYO=&4@.#H@26YV97-T;65N
M=',\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:6YV97-T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YM96YT<R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G!R:6UA<FEL>2!C;VUP<FES960@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YM;VYE>2!M87)K970@9G5N9',N(#PO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN
M+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97,\+V9O;G0^/&9O
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M<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\+W`^/"]D
M:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P
M<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,30\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.C$W-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D=R;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8P
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3W1H97(M5&AA;BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06UO<G1I>F5D/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^
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M(S`P,#`P,#LG(#Y496UP;W)A<GD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C`V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT
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M8V]L;W(Z(S`P,#`P,#LG(#Y#;W-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEM
M<&%I<FUE;G1S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C(P-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%&4R!);G9E<W1M96YT<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
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M-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D9I>&5D+6UA='5R:71Y
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3@N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M52Y3+B!4<F5A<W5R>2!A;F0@9V]V97)N;65N="!A9V5N8WD\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^-C,Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/C,Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/B@S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Y."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3
M=&%T92!A;F0@;75N:6-I<&%L(&)O;F1S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PV-#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XY-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@X*3PO9F]N=#X\+W1D/CQT9"!S
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M-S,P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&=O=F5R
M;FUE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,C@S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-SPO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L.3@T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.3(I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PY,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#@V*3PO9F]N=#X\+W1D/CPO='(^/'1R
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M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DUO<G1G
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DQ
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3DQ+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!A9V5N8WD\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ+#$Q-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$W/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#<I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^,2PQ,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y297-I9&5N=&EA
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/C4T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@T*3PO9F]N=#X\+W1D/CQT9"!S
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C4S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M<CHC,#`P,#`P.R<@/B@T*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L(&UO<G1G86=E+6)A
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^07-S970M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B="!O8FQI9V%T:6]N<SPO9F]N=#X\
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M<CHC,#`P,#`P.R<@/C$Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C$I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^.3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,S$\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!F:7AE9"UM871U<FET>2!I
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C8L,#<U/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,C`X/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T-RD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XV+#$S-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.3`I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P
M-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y-;VYE>2!M87)K970@<V5C=7)I=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-#(R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E!E<G!E='5A;"!D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P
M-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y4;W1A;"!!1E,@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+#4P
M.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q-#<I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-BPU-S$\+V9O;G0^
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M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#DP*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y(5$T@26YV97-T;65N=',\+V9O;G0^/"]T
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M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
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M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A=&EO
M;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^,BPW-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^-S<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(P,BD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,BPV,S(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-3(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L($A432!I;G9E<W1M96YT
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/C(L-S4W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-S<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C`R*3PO9F]N=#X\+W1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(L
M-C,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?
M7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R,"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!297!R97-E;G1S('5N<F5A;&EZ
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M<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/"]T
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+"`R,#$S/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-S8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-S8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#Y'<F]S<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R+51H86XM/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-S8N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-S8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W)T:7IE
M9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^
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M,#`P,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&
M86ER/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C8P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^5&5M<&]R87)Y/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C(P-BXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O
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M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]S=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y'86EN<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y);7!A:7)M96YT<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W-U<#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,#8N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#8N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!1E,@26YV97-T
M;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\
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M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P-BXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&:7AE
M9"UM871U<FET>2!I;G9E<W1M96YT<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
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M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3DX+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DX+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/E4N4RX@5')E87-U<GD@86YD(&=O=F5R;FUE;G0@86=E;F-Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO
M<CHC,#`P,#`P.R<@/C4R.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-3,U/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^4W1A=&4@86YD(&UU;FEC:7!A;"!B;VYD<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/C$L.#,Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-S,I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^,2PW.#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DX+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DX+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D9O
M<F5I9VX@9V]V97)N;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$X.3PO9F]N=#X\+W1D
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M:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V]R<&]R871E(&]B;&EG871I;VYS/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^,2PV.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#PO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@S."D\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ+#8V.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^36]R=&=A9V4M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!A9V5N8WD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$V-SPO9F]N=#X\+W1D/CQT9"!S='EL
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M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C$L,30V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C:V5D(&YO;BUA9V5N8WD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XW.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^.#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CPO='(^/'1R
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L(&UO
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M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C,T/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C,T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y!<W-E="UB86-K960@<V5C=7)I=&EE<SH\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B="!O8FQI9V%T
M:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(P-3PO9F]N=#X\+W1D/CQT9"!S
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M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH-3<I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^,34Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-"D\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^3W1H97(@87-S970M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3@W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M.7!T.V-O;&]R.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-2D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#,N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.#,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@
M9FEX960M;6%T=7)I='D@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+#@Y
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/CDV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#(R.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+#<V-#PO9F]N=#X\+W1D/CQT9"!S
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3`I/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C(P-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y-;VYE>2!M87)K970@<V5C=7)I=&EE<SPO9F]N
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M;VQO<CHC,#`P,#`P.R<@/C<X,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^-S@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,C`V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/E!E<G!E='5A;"!D96)T(&%N9"!E<75I='D@<V5C=7)I=&EE<R`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR
M,#8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,#8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^07-S971S(&]F(&-O;G-O;&ED871E9"!6245S.CPO9F]N=#X\+W1D/CQT
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M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MC;VQO<CHC,#`P,#`P.R<@/DUO;F5Y(&UA<FME="!S96-U<FET:65S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^
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M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3,V/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,S8\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,#8N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#8N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@0493
M(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-BPX,C0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@R,CDI
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^-BPV.3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$P*3PO9F]N=#X\+W1D/CPO='(^/'1R
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CEP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^2%1-($EN
M=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
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M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P-BXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L
M:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3@N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M0V]R<&]R871E(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(L.#`Q/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C,Q/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M.#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/C(L-C4Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P-BXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4
M;W1A;"!(5$T@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#@P,3PO9F]N
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C,Q
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$X,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#8U,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C(P-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^7U]?7U]?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,C`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-#!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@
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M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O
M='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;VP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F]W:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F<@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA8FP\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YP/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YE;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6\\+V9O;G0^/&9O;G0@<W1Y
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M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<V5C=7)I=&EE<R`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86D\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%L
M=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^0V]N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M)R`^;"!M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
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M)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F)O/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YR<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W<\+V9O;G0^/&9O
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4@<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:6=H/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M="US:7IE.C$P<'0[)R`^<RX\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE
M('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z
M,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S`S+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`S+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,#@N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%&4R!396-U<FET:65S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,#@N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DA432!396-U<FET:65S/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,P,RXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[
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M;W(Z(S`P,#`P,#LG(#Y#;VYS;VQI9&%T960@5DE%<SPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS,#,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,#,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y!;6]R=&EZ960@/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06UO<G1I>F5D(#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,S`S+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S`S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^
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M=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D-O<W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W-T
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<B!686QU93PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS,#,N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,#,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^1'5E(&EN(&]N92!Y
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M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/C@P-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^.#`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS,#,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,#,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^1'5E(&%F=&5R(&]N92!Y
M96%R('1H<F]U9V@@9FEV92!Y96%R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PS.#@\+V9O;G0^
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M,#`P,#`P.R<@/C$L-#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS
M,#,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,#,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^1'5E(&%F=&5R(&9I=F4@>65A<G,@=&AR;W5G:"!T96X@>65A<G,\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/C@X.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^.3$T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HS,#,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,#,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^1'5E(&%F=&5R('1E;B!Y96%R<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PT-3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#DQ/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(L-C,R/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C,P,RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K960@86YD
M(&%S<V5T+6)A8VME9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PU,S,\+V9O;G0^/"]T
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M<CHC,#`P,#`P.R<@/C$L-3$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HS,#,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,#,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@9FEX960M;6%T=7)I='D@:6YV97-T
M;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/C8L,#<U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C8L,3,V/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M+#<U-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#8S,CPO9F]N=#X\+W1D/CPO='(^/"]T86)L
M93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y
M;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y$97!O<VET960@86YD(%!L
M961G960@4V5C=7)I=&EE<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86D\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%L=3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M)R`^9&5P;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VD\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F@@=CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6\\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F5G=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^874\+V9O;G0^/&9O;G0@<W1Y;&4]
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M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$T
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@86YD/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$S/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YW83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3`\
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M)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F5P;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<F4@<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97%U:3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:"!S/"]F
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y
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M+7-I>F4Z,3!P=#LG(#YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQA=SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ
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M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^964\+V9O;G0^/&9O;G0@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M0V\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G!A;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!L93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQL83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86PN(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^4V5C=7)I=&EE<R!P;&5D9V5D(&EN(&-O;FYE8W1I
M;VX@=VET:"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:64\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FQE9&=E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;VQL83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&9O<B!T:&5S92`\+V9O;G0^
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M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^86<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%P<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^>#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M="US:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&%N/"]F;VYT/CQF;VYT('-T>6QE
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M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:7!A;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^4CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34)3/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^53PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^4SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96$\+V9O;G0^/&9O;G0@<W1Y
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9V\\
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M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^8WD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!B
M;VYD<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=V$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O
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M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:"`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FH\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9&1I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YI;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86QL/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YY+#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS:"`\+V9O;G0^/&9O;G0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<FL\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F%S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;VQL/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G8\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F5N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YG/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YR/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M86X[9F]N="US:7IE.C$P<'0[)R`^(&T\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C(\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI
M;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:6\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YF/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^96P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GDN
M/"]F;VYT/CPO<#X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN
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M9F]N="US='EL93II=&%L:6,[)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F
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M="US='EL93II=&%L:6,[)R`^<F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^9#PO9F]N=#X\9F]N
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M9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^;CPO9F]N=#X\9F]N="!S
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M.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^<SPO9F]N=#X\9F]N="!S='EL
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M.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^=',\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
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M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86)L93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=6X\+V9O;G0^
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M<'0[)R`^;&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M<'0[)R`^87,@;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\
M=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN
M+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-S(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M
M8F5R(#,Q+"`R,#$T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^3&5S<R!T:&%N(#$R($UO;G1H<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M,B!-;VYT:',@;W(@3&]N9V5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.CDW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-S(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT/CPO=&0^
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M<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^3&]S<V5S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0493($EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R
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M8V]L;W(Z(S`P,#`P,#LG(#Y&:7AE9"UM871U<FET>2!I;G9E<W1M96YT<SH\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^52Y3+B!4<F5A<W5R
M>2!A;F0@9V]V97)N;65N="!A9V5N8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W-3PO
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XS-S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E-T871E(&%N9"!M
M=6YI8VEP86P@8F]N9',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CQT9"!S
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,3<\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@X*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&=O=F5R;FUE;G1S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]R
M<&]R871E(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0V.#PO9F]N=#X\+W1D/CQT
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M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M<CHC,#`P,#`P.R<@/C(U,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#DQ*3PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW
M,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Y,BD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^36]R=&=A9V4M8F%C:V5D
M('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-CPO
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.#<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT,#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CPO='(^
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L
M(&UO<G1G86=E+6)A8VME9"!N;VXM86=E;F-Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@T*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;6UE<F-I86P@;6]R=&=A
M9V4M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#PO9F]N=#X\+W1D/CQT9"!S
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M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y!<W-E="UB86-K960@<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I
M;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@R,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R,2D\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3(I/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@9FEX960M
M;6%T=7)I='D@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#0U/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PR,C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-#4I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L,#8U/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,30W*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,#(N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y097)P971U86P@9&5B
M="!A;F0@97%U:71Y('-E8W5R:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D
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M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@0493(&EN
M=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XX-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C(P/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$T-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(L,#<Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T-RD\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M2%1-($EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,W,SPO9F]N=#X\+W1D
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,C`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,W,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C`R*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y4;W1A;"!(5$T@:6YV97-T;65N=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XS-S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C`R*3PO9F]N=#X\+W1D/CQT9"!S
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#(P,BD\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\=&%B
M;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O
M<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-S(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R
M(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-S(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W,BXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z.3<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^3&5S<R!T:&%N(#$R($UO;G1H<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XQ,B!-
M;VYT:',@;W(@3&]N9V5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.CDW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-S(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A
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M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT/CPO=&0^/'1D
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M,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^3&]S<V5S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M0493($EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O
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M;W(Z(S`P,#`P,#LG(#Y&:7AE9"UM871U<FET>2!I;G9E<W1M96YT<SH\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^52Y3+B!4<F5A<W5R>2!A
M;F0@9V]V97)N;65N="!A9V5N8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-CD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#DI/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N
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M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C<P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Y*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3=&%T92!A;F0@;75N:6-I
M<&%L(&)O;F1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$L,3$R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-C4I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH."D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-C$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@W,RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1F]R96EG;B!G;W9E<FYM96YT<SPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW.#@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@S,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@X*3PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX
M-S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@S."D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^36]R=&=A9V4M8F%C:V5D
M('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,3,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,30T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^.#4W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S$I/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E
M;G1I86P@;6]R=&=A9V4M8F%C:V5D(&YO;BUA9V5N8WD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]M;65R8VEA;"!M
M;W)T9V%G92UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^07-S970M8F%C:V5D('-E8W5R:71I97,Z/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4W*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,S`\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@U-RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-2D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!F:7AE9"UM871U<FET>2!I;G9E<W1M
M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR+#DW,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R."D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#<Y/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3`Q
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(R.2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M4&5R<&5T=6%L(&1E8G0@86YD(&5Q=6ET>2!S96-U<FET:65S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
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M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P
M,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E1O=&%L($%&4R!I;G9E<W1M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPY-S@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3(X
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-#<Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$P,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L-#4W/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(R
M.2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^2%1-($EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A=&5D(%9)
M17,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$L,C0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PR-#0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$X,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@2%1-(&EN
M=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PR-#0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2PR-#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3@Q*3PO9F]N=#X\+W1D/CPO='(^
M/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIJ=7-T
M:69Y.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M1W)O<W,@=6YR96%L:7IE9"!L;W-S97,@;VX@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y!1E,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G-E8W5R:71I97,@9&5C<F5A<V5D(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!C;VUP87)E9"!W
M:71H(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$S
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<')I;6%R:6QY(&1U92!T;R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FUA<FME="!P<FEC92!A<'!R96-I871I;VX@
M8V%U<V5D(&)Y(&1E8VQI;FEN9R!I;G1E<F5S="!R871E<RX@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<R!O;B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/DA433PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V5C=7)I=&EE<R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/FEN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC<F5A<V5D
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87,@;V8@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!C;VUP87)E9"!W:71H(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C
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M:6QY(&1U92!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FUA<FME="!P<FEC
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M961I="!S<')E861S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
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M('5N<F5A;&EZ960@;&]S<R!P;W-I=&EO;B!A<R!O9B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD/"]F;VYT/CQF;VYT
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XQ.#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('EE87)S/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XL(')E<W!E8W1I=F5L>3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+B!!<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M
M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^86YD/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('-E8W5R:71I97,L(')E<W!E
M8W1I=F5L>2P@=&AA="!W97)E(&EN(&%N('5N<F5A;&EZ960@;&]S<R!P;W-I
M=&EO;B!F;W(@82!C;VYT:6YU;W5S('1W96QV92UM;VYT:"!P97)I;V0@;W(@
M;&]N9V5R+"!O9B!W:&EC:"!T:&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YF
M86ER/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@=F%L=64\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!O9B`\+V9O;G0^
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('-E8W5R:71I97,L(')E<W!E
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M(#XE+B`@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M:7IE.C$P<'0[)R`^;&]N9V5R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YW:&5R93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&9A:7(@=F%L=64\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!W87,\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!B96QO=R!B;V]K('9A;'5E(&)Y(&UO<F4@
M=&AA;B`U)2!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R
M(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\+W`^
M/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L
M;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$R+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#<@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.3,N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DS+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%&4R!396-U<FET
M:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#<@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR,39P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(Q-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^2%1-(%-E8W5R:71I97,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/E!E<F-E;G1A9V4@;V8@1F%I<B!686QU93PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYU;6)E<B!O9CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y";V]K(%9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.=6UB97(@;V8\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D)O;VL@5F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A
M:7(@5F%L=64\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M9#MC;VQO<CHC,#`P,#`P.R<@/B!"96QO=R!";V]K(%9A;'5E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y396-U
M<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H:6X@;6EL;&EO;G,I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H:6X@;6EL;&EO;G,I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4V5C=7)I=&EE
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M<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^("AI;B!M:6QL:6]N<RD\
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H:6X@;6EL;&EO;G,I/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3(N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XF9W0[(#4E('1O(#$U)3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`U.#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3,\
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M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Q,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$R+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B9G=#L@,34E('1O(#(U)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`W.#PO9F]N=#X\
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M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#8Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Q,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$R+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B9G=#L@,C4E('1O(#4P)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Q/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
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M(S`P,#`P,#LG(#X@,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Q/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`U-S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,W,SPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3(N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)F=T.R`U,"4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3(Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$R+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T
M86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR-C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C4W-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<S/"]F;VYT/CPO=&0^/"]T<CX\
M+W1A8FQE/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M<'0[)R`^($%"4RP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M;R!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9F]R('=H:6-H(&9A:7(@=F%L=64@=V%S(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;&5S<R!T:&%N(&%M;W)T:7IE9"!C;W-T+B!4:&4@8W)E9&ET
M(')A=&EN9W,@87)E(&)A<V5D(&]N(')A=&EN9W,@9G)O;2!-;V]D>28C.#(Q
M-SMS(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XR,#$T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YO<B!A;B!A;'1E<FYA=&4@<F%T:6YG<R!S;W5R8V4L('-U8V@@
M87,@4R9A;7`[4"P@=VAE;B!A('-E8W5R:71Y(&ES(&YO="!R871E9"!B>2!-
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Y<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C%P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N
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M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,S<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
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M;BUW:61T:#HV,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D)E;&]W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
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M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-"XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(T+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
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M(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06$\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C`N-S5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^03PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HV,"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"86$\+V9O
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M;&]R.B,P,#`P,#`[)R`^26YV97-T;65N="!'<F%D93PO9F]N=#X\+W1D/CQT
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M(S`P,#`P,#LG(#Y.;W0@4F%T960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M5&]T86P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&86ER/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,V+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,RXR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y&86ER/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,C(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI
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M;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI
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M.VUI;BUW:61T:#HR,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5
M;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,C,N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S@N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR.2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDN,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
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M(S`P,#`P,#LG(#Y!<W-E="!4>7!E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y6
M86QU93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S/"]F;VYT/CPO=&0^
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M:#HR,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-BXW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,2XU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C(Q<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO
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M:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DQO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<SPO9F]N=#X\+W1D
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M:61T:#HR,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M,#`P,#`[)R`^3&]S<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-BXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!0E,@/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C%P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C%P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-3@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^.3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B@S,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(T+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(T+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C$Y-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/B@S,RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-S8N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^34)3/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(\
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$U/"]F;VYT
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-"XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-#(\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,2D\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-S8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^0V]R<&]R871E(&]B;&EG871I;VYS/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR-#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XR,#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W1D
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M;VQO<CHC,#`P,#`P.R<@/C(P,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XT,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@V*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
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M.V-O;&]R.B,P,#`P,#`[)R`^-S$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.3(I/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C%P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(Q<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C<Q.3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,S<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C4X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^-#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XX
M,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,S$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,S@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.3`I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M+#,U-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$S-BD\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&]T86P@04)3+"!-
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34)3(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9W5A<F%N=&5E9"!B>2!T:&4@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y#;VUP86YY(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD('1H
M:7)D+7!A<G1Y(&9I;F%N8VEA;"!G=6%R86YT;W)S+CPO9F]N=#X\+W`^/"]D
M:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P
M<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY
M,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CDS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3,X<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,SAP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@4V5C=7)I
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN
M=F5S=&UE;G0@1W)A9&4@=VET:&]U="!T:&4\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z.3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$S.'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3,X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y%9F9E8W0@;V8@1W5A<F%N=&5E/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.CDS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$S-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^079E<F%G92!#<F5D:70@4F%T:6YG
M('=I=&@@=&AE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^079E<F%G92!#<F5D:70@4F%T:6YG('=I=&AO=70@=&AE/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
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M(S`P,#`P,#LG(#XH:6X@;6EL;&EO;G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M;VQO<CHC,#`P,#`P.R<@/D%S<V5T(%1Y<&4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%9F9E8W0@;V8@1W5A<F%N=&5E/"]F
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%9F9E
M8W0@;V8@1W5A<F%N=&5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C<P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L
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M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4&5R8V5N=&%G93PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDS<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!0E,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$S-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3,U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y"86$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y"96QO=R!);G9E<W1M96YT($=R861E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8S<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HY,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CDS<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y"96QO=R!);G9E<W1M96YT($=R
M861E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0F5L;W<@26YV97-T;65N="!'<F%D
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M(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`P/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)3PO9F]N=#X\+W1D/CPO='(^
M/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^4F5F
M97(@=&\@=&AE('1A8FQE(&EN('1H92`F(S@R,C`[1&5T97)M:6YA=&EO;B!O
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M=&AE('1A8FQE(&%B;W9E+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
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M="US:7IE.C$P<'0[)R`^9FQO=R!P<F]J96-T:6]N<R!F;W(@:71S(&EN=F5S
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!A<R!O9B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AA="!W;W5L9"!R97%U
M:7)E('1H92!S86QE(&]F(&EM<&%I<F5D('-E8W5R:71I97,N($EM<&%I<F5D
M('-E8W5R:71I97,@=&AA="!T:&4@0V]M<&%N>2!I;G1E;F1S('1O('-E;&P@
M8F5F;W)E('1H92!E>'!E8W1E9"!R96-O=F5R>2!O9B!S=6-H('-E8W5R:71I
M97,F(S@R,3<[(&9A:7(@=F%L=65S(&AA=F4@8F5E;B!W<FET=&5N(&1O=VX@
M=&\@9F%I<B!V86QU92X\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O
M='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O
M;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z
M,'!T.R<@/D]T:&5R+51H86XM5&5M<&]R87)Y($EM<&%I<FUE;G1S/"]F;VYT
M/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P
M=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@
M/D5V86QU871I;F<@0493(%-E8W5R:71I97,@9F]R($]45$D\+V9O;G0^/"]P
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA
M<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!#;VUP86YY(&AA<R!A;B!O;F=O
M:6YG(')E=FEE=R!P<F]C97-S(&9O<B!A;&P@<V5C=7)I=&EE<R!I;B!I=',@
M:6YV97-T;65N="!P;W)T9F]L:6\L(&EN8VQU9&EN9R!A('%U87)T97)L>2!A
M<W-E<W-M96YT(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3U1423PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+B!4:&ES(&5V86QU871I;VX@:6YC;'5D97,@
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M;VYT+7-I>F4Z,3!P=#LG(#X[(&%N9"`H:6EI*2!A;GD@9W5A<F%N=&5E<R!A
M<W-O8VEA=&5D('=I=&@@82!S96-U<FET>2!S=6-H(&%S('1H;W-E('!R;W9I
M9&5D(&)Y(&9I;F%N8VEA;"!G=6%R86YT964@:6YS=7)A;F-E(&-O;7!A;FEE
M<RP@:6YC;'5D:6YG($U"24$@0V]R<"X@86YD($YA=&EO;F%L+CPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@8V%L8W5L871I;F<@8W)E9&ET
M+7)E;&%T960@;&]S<V5S+"!T:&4@0V]M<&%N>2!U=&EL:7IE<R!C87-H(&9L
M;W<@;6]D96QI;F<@8F%S960@;VX@=&AE('1Y<&4@;V8@<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^96-U<FET>2X@5&AE($-O;7!A;GDF(S@R,3<[<R!C87-H
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W)S+"!I;F-L=61I;F<@34))
M02!#;W)P+BP@<F5S=6QT:6YG(&9R;VT@86X@86-T=6%L(&]R('!O=&5N=&EA
M;"!I;G-U<F%N8V4@<&]L:6-Y(&-L86EM+B!);B!G96YE<F%L+"!A;GD@8VAA
M;F=E(&EN('1H92!A;6]U;G0@86YD+V]R('1I;6EN9R!O9B!C87-H(&9L;W=S
M(')E8V5I=F5D(&]R(&5X<&5C=&5D('1O(&)E(')E8V5I=F5D+"!W:&5T:&5R
M(&]R(&YO="!S=6-H(&-A<V@@9FQO=W,@87)E(&-O;G1R86-T=6%L;'D@9&5F
M:6YE9"P@:7,@<F5F;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96-T960@:6X@
M=&AE($-O;7!A;GDF(S@R,3<[<R!C87-H(&9L;W<@86YA;'ES:7,@9F]R('!U
M<G!O<V5S(&]F(&%S<V5S<VEN9R!A;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D]45$D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!L;W-S(&]N(&%N(&EM<&%I
M<F5D('-E8W5R:71Y+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
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M)R`^;V8@<V5C=7)I=&EE<RP@<F5V:3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M;F%B;&4@86YD(&-O;7!L:65S('=I=&@@=&AE($-O;7!A;GDF(S@R,3<[<R`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN=&5R;F%L('!O;&EC>3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z
M:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y$971E<FUI;F%T:6]N(&]F($-R
M961I="!,;W-S(&]N($%"4RP@34)3(&%N9"!#;W)P;W)A=&4@3V)L:6=A=&EO
M;G,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%"4R!I;G9E<W1M
M96YT<R!A<F4@979A;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=6%T960@9F]R
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3U1423PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^('5S:6YG(&AI<W1O<FEC86P@8V]L;&%T97)A;"!P97)F;W)M86YC
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M.C$P<'0[)R`^268@=&AE('!R97-E;G0@=F%L=64@;V8@8V%S:"!F;&]W<R!I
M<R!L97-S('1H86X@=&AE($-O;7!A;GDF(S@R,3<[<R!A;6]R=&EZ960@8V]S
M="!F;W(@=&AE('-E8W5R:71Y+"!T:&4@9&EF9F5R96YC92!I<R!R96-O<F1E
M9"!A<R!A;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D]45$D\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!L;W-S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^4DU"4R!I;G9E<W1M96YT<R!A<F4@979A;'5A=&5D(&9O<B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D]45$D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B!U<VEN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-E=F5R86P@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YQ=6%N=&ET871I=F4@=&]O;',N($QO86X@;&5V
M96P@9&%T82`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YT97)E
M<W0@<F%T92!U<V5D('1O(')E8V]G;FEZ92!I;G1E<F5S="!I;F-O;64@;V8@
M=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V5C=7)I='D\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!T;R!A<G)I=F4@870@82!P<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^97-E;G0@=F%L=64@86UO=6YT/"]F;VYT/CQF;VYT('-T>6QE
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M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ
M.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE
M9G0Z,'!T.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N(&EN=F5S=&UE;G1S(&%R
M92!E=F%L=6%T960@9F]R(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3U1423PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^('5S:6YG(&-R961I="!A;F%L>7-I<R!T
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M871E(&]F('1H92!S96-U<FET>2`H9FEX960@;W(@9FQO871I;F<I+"!T:&4@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G
M:6XM;&5F=#HP<'0[)R`^1&5T97)M:6YA=&EO;B!O9B!#<F5D:70@3&]S<R!'
M=6%R86YT965D(&)Y('1H92!#;VUP86YY(&%N9"!/=&AE<B!4:&ER9"U087)T
M>2!'=6%R86YT;W)S/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4
M:&4@0V]M<&%N>2!D;V5S(&YO="!R96-O<F0@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y/5%1)/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<F5L871E9"!T;R!C
M<F5D:70@8V]N8V5R;G,@86)O=70@:7-S=65R<R!O9B!S96-U<FET:65S(&EN
M<W5R960@8GD@34))03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($-O<G`N(&%N
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.C$P<'0[)R`^3F]T92`R.B!3:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC
M:65S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:6YC;'5D960@:&5R96EN/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@9F]R(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YF;W)M871I;VX@
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M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;W)T:7IE9"!C;W-T+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M5&AE(&9O;&QO=VEN9R!T86)L92!P<F]V:61E<R!I;F9O<FUA=&EO;B!A8F]U
M="!S96-U<FET:65S(&AE;&0@8GD@=&AE($-O;7!A;GD@87,@;V8@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
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M:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^26YS=7)A;F-E($QO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN
M(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HV-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER(%9A;'5E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y297-E<G9E(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VQO<CHC,#`P,#`P.R<@/D%S<V5T+6)A8VME9#H\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DU"24$\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S$I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S@\+V9O;G0^/"]T
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30U
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-#4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M5&]T86P@87-S970M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R,3PO9F]N=#X\+W1D/CQT9"!S='EL
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,X/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C`N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T
M9V%G92UB86-K960Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T
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M;BUW:61T:#HV-G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y-0DE!/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,34S
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE
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M8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V<'0[=&5X
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-#4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$T-2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y4;W1A;"!M;W)T9V%G92UB86-K960\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D]T:&5R.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^34))03PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V<'0[
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-#4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T-2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!O=&AE<CPO9F]N=#X\+W1D/CQT9"!S
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T-SPO9F]N=#X\+W1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,W*3PO
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,SD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-G!T.W1E>'0M
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E]?7U]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C!P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB
M;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@26YC;'5D97,@:6YV97-T;65N=',@
M:6YS=7)E9"!B>2!-0DE!($-O<G`N(&%N9"!.871I;VYA;"X\+V9O;G0^/"]T
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M;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@26YS=7)A
M;F-E(&QO<W,@<F5S97)V92!E<W1I;6%T97,@87)E(&)A<V5D(&]N('1H92!P
M<F]P;W)T:6]N(&]F('!A<B!V86QU92!O=VYE9"!T;R!T:&4@=&]T86P@86UO
M=6YT(&]F('!A<B!V86QU92!I;G-U<F5D+CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8V<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C9P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ
M,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P
M=#LG(#Y#<F5D:70@3&]S<R!2;VQL9F]R=V%R9#PO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM
M8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
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M)R`^;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D]45$D\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQO/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YS<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G@\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F5D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XM;3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&$\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;FD\+V9O;G0^
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M)R`^04]#23PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<V4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FT\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F4\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^>CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;FEN9SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97`\+V9O;G0^/&9O;G0@
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&D\+V9O;G0^/&9O;G0@<W1Y
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC92`\+V9O
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M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!C/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YO/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^92!S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y
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M)R`^;V8@:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M>F4Z,3!P=#LG(#YS:"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^86D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)M
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE;CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^86EN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V4@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YB93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=V5E/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^86D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G8\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%L=3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;V=N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&QO=SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^961I/"]F;VYT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M9F]N="US:7IE.C$P<'0[)R`^96$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYI;CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^33PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^0CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^23PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y;&4]
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G=H/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YC/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH(&$@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YP;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6\\+V9O
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M.C$P<'0[)R`^3U1423PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;V<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^04]#22P@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YA;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9&EN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FX@<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8V@@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M="US:7IE.C$P<'0[)R`^861D:71I;VYA;#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8W)E9&ET(&QO<W,@:6UP86ER
M;65N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&)Y(&1I<V-O=6YT:6YG('1H92!P<F]J96-T960@8V%S:"!F;&]W
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M<'0[)R`^=&AE($-O;7!A;GD@8V]N<VED97)E9"!T:&4@9F%I<B!V86QU92!T
M;R!B92!T:&4@;6]S="!R96QE=F%N="!I;F1I8V%T;W(@;V8@=&AE(')E8V]V
M97)Y('9A;'5E+CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4]
M,T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^
M/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,S-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[=&5X="UD96-O<F%T:6]N.G5N9&5R;&EN93MC;VQO<CHC,#`P,#`P
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S
M($5N9&5D($1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S,W+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0W)E9&ET($QO<W-E<R!296-O9VYI>F5D(&EN($5A
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q
M-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-38N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
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M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Q+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S,W+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0F5G:6YN:6YG(&)A
M;&%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3<U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S0Q/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C,S-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D%D9&ET:6]N<R!F;W(@8W)E9&ET(&QO<W,@:6UP86ER;65N=',@
M<F5C;V=N:7IE9"!I;B!T:&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,S!P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/F-U<G)E;G0@
M<&5R:6]D(&]N('-E8W5R:71I97,@;F]T('!R979I;W5S;'D@:6UP86ER960\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!9&1I=&EO;G,@
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M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#YC=7)R96YT('!E<FEO9"!O;B!S96-U<FET
M:65S('!R979I;W5S;'D@:6UP86ER960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX/"]F;VYT
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M<CHC,#`P,#`P.R<@/E)E9'5C=&EO;G,@9F]R(&-R961I="!L;W-S(&EM<&%I
M<FUE;G1S('!R979I;W5S;'D@<F5C;V=N:7IE9#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,S,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,S,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^;VX@<V5C=7)I=&EE<R!S;VQD(&1U<FEN9R!T:&4@<&5R:6]D/"]F;VYT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,3<T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-BD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/B@T,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S,W+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5D=6-T
M:6]N<R!F;W(@8W)E9&ET(&QO<W,@:6UP86ER;65N=',@<')E=FEO=7-L>2!R
M96-O9VYI>F5D(&]N('-E8W5R:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/FEM
M<&%I<F5D('1O(&9A:7(@=F%L=64@9'5R:6YG('1H92!P97)I;V0\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^
M/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M;W(Z(S`P,#`P,#LG(#XH,3$Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,S<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y2961U8W1I
M;VYS(&9O<B!I;F-R96%S97,@:6X@8V%S:"!F;&]W<R!E>'!E8W1E9"!T;R!B
M92!C;VQL96-T960@;W9E<B!T:&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3$N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,S!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/G)E;6%I
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^
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M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D5N9&EN9R!B
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<U/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3DW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?
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M>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@4F5P<F5S96YT<R!C:7)C
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M="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B!R97%U:7)E9"!T;R!S96QL
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M.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U
M<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T
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M;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3%P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^1W)O<W,@<CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^96%L:3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M>CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M=#LG(#X@87)E(')E8V]R9&5D('=I=&AI;B`F(S@R,C`[3F5T(&=A:6YS("AL
M;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A;'5E
M(&%N9"!F;W)E:6=N(&5X8VAA;F=E)B,X,C(Q.R!O;B!T:&4@0V]M<&%N>28C
M.#(Q-SMS(&-O;G-O;&ED871E9"!S=&%T96UE;G1S(&]F(&]P97)A=&EO;G,N
M(%1H92!P<F]C965D<R!A;F0@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9W)O<W,@<F5A;&EZ960@9V%I;G,@86YD(&QO<W-E<R!F<F]M('-A;&5S(&]F
M(&9I>&5D+6UA='5R:71Y('-E8W5R:71I97,@:&5L9"!A<R!!1E,@9F]R(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<G,@96YD960@1&5C96UB97(@,S$L
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y996%R<R!%;F1E9"!$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/C(P,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,3,Q+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F]C965D<R!F<F]M('-A;&5S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XW-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C$L-S(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#8U.#PO9F]N=#X\+W1D/CQT9"!S='EL
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<R!R96%L:7IE9"!G
M86EN<R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C8V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-SPO9F]N=#X\+W1D/CQT
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DV
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,S$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,S$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$U*3PO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#(Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R-RD\+V9O;G0^/"]T9#X\=&0@<W1Y
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ;&5F
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M.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,S$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$Q
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\+W1D/CPO
M='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM
M+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E
M9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y
M8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$X
M+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN
M=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA
M<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U
M:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S
M970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,]
M,T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S
M8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R
M97!O<G0@:60],T1)1#!%344^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^1&5R
M:79A=&EV92!);G-T<G5M96YT<SQB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R
M:79A=&EV92!);G-T<G5M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F
M=#HP<'0[)R`^3F]T92`Y.B!$97)I=F%T:79E($EN<W1R=6UE;G1S/"]F;VYT
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M)R`^97)V/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O
M;G0M<W1Y;&4Z:71A;&EC.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^97<\+V9O;G0^/"]P
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA
M<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DU"24$@:&%S(&5N=&5R960@:6YT;R!D
M97)I=F%T:79E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=')U;65N=',\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!T:')O=6=H(&ET<R!F:6YA;F-I86P@
M9W5A<F%N=&5E(&]F($-$4R!A;F0@9F]R('!U<G!O<V5S(&]F(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;6%N86=I;F<@/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&4@/"]F;VYT
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M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8GD@=&AE(&QO8V%T
M:6]N(&]F('1H92!R96QA=&5D(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V5C
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M.C$P<'0[)R`^87)E(')E8V]R9&5D(&%T(&9A:7(@=F%L=64@;VX@=&AE($-O
M;7!A;GDF(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-O;G-O;&ED
M871E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M=#LG(#YU92!R96-O<F1E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT
M:&4@0V]M<&%N>28C.#(Q-SMS(&-O;G-O;&ED871E9"!S=&%T96UE;G1S(&]F
M(&]P97)A=&EO;G,@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YW:71H:6X@)B,X
M,C(P.U5N<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@;VX@:6YS=7)E9"!D97)I
M=F%T:79E<RPF(S@R,C$[(&9O<B!T:&4@:6YS=7)E9"!D97)I=F%T:79E<RP@
M;W(@)B,X,C(P.TYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS
M=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG928C
M.#(R,3L@9F]R('1H92!E;6)E9&1E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F1E<FEV871I=F5S+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^4F5F97(@=&\@)B,X,C(P.SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^3F]T92`W.B!&86ER(%9A;'5E(&]F($9I;F%N8VEA;"!);G-T
M<G5M96YT<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.R!F;W(@=&AE
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M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T
M.C!P=#LG(#Y5+E,N(%!U8FQI8R!&:6YA;F-E($EN<W5R86YC93PO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GDF(S@R,3<[<R!D
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`@/"]F;VYT/CPO<#X\<"!S
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M='EL93II=&%L:6,[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL
M93II=&%L:6,[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II
M=&%L:6,[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L
M:6,[)R`^86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L
M:6,[)R`^4SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^=3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^8SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[9F]N="US='EL93II=&%L:6,[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M9F]N="US='EL93II=&%L:6,[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="US='EL93II=&%L:6,[)R`^1CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US
M='EL93II=&%L:6,[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL
M93II=&%L:6,[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II
M=&%L:6,[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y4:&4@0V]M<&%N>2!E;G1E<F5D(&EN=&\@9&5R:79A=&EV
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M)R`^9&\@;F]T('%U86QI9GD@9F]R('1H92!F:6YA;F-I86P@9W5A<F%N=&5E
M('-C;W!E(&5X8V5P=&EO;B!A;F0L('1H97)E9F]R92P@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YA<F4@86-C;W5N=&5D(&9O<B!A<R!D97)I=F%T:79E(&EN
M<W1R=6UE;G1S+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E1H97-E(&EN<W5R
M960@0T13(&-O;G1R86-T<RP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YP<FEM
M87)I;'D@<F5F97)E;F,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN9R`\+V9O
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M86X[9F]N="US:7IE.C$P<'0[)R`^9F]R('1H92!E;G1I<F4@=&5R;2!O9B!T
M:&4@8V]N=')A8W0@86)S96YT(&$@;F5G;W1I871E9"!S971T;&5M96YT('=I
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:"!T:&4@8V]U;G1E<G!A<G1Y+CPO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^0VAA;F=E<R!I;B!T:&4@
M9F%I<B!V86QU92!O9B!D97)I=F%T:79E<RP@97AC;'5D:6YG(&EN<W5R960@
M9&5R:79A=&EV97,L(&%R92!R96-O<F1E9"!E86-H('!E<FEO9"!I;B!C=7)R
M96YT(&5A<FYI;F=S('=I=&AI;B`F(S@R,C`[3F5T(&=A:6YS("AL;W-S97,I
M(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A;'5E(&%N9"!F
M;W)E:6=N(&5X8VAA;F=E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN)B,X,C(Q
M.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($-H86YG97,@:6X@=&AE(&9A:7(@
M=F%L=64@;V8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!I;G-U<F5D(&1E<FEV
M871I=F5S(&%R92!R96-O<F1E9"!E86-H('!E<FEO9"!I;B!C=7)R96YT(&5A
M<FYI;F=S('=I=&AI;B`F(S@R,C`[3F5T(&-H86YG92!I;B!F86ER('9A;'5E
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M.B`H:2D@<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@86YD(&]T/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YH97(@<V5T=&QE;65N=',@;VX@:6YS=7)E9"!D97)I
M=F%T:79E<R!A;F0@*&EI*2!U;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&]N
M(&EN<W5R960@9&5R:79A=&EV97,N("8C.#(R,#M296%L:7IE9"!G86EN<R`H
M;&]S<V5S*2!A;F0@;W1H97(@<V5T=&QE;65N=',@;VX@:6YS=7)E9"!D97)I
M=F%T:79E<R8C.#(R,3L@:6YC;'5D92`H:2D@<')E;6EU;7,@<F5C96EV960@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD('!A>6%B
M;&4@=&\@<F5I;G-U<F5R<R!I;B!R97-P96-T('1O($-$4R!C;VYT<F%C=',L
M("AI:6DI(&YE="!A;6]U;G1S(')E8V5I=F5D(&]R('!A:60@;VX@<F5I;G-U
M<F%N8V4@8V]M;75T871I;VYS+"`H:78I(&QO<W-E<R!P86ED(&%N9"!P87EA
M8FQE('1O($-$4R!C;VYT<F%C="!C;W5N=&5R<&%R=&EE<R!D=64@=&\@=&AE
M(&]C8W5R<F5N8V4@;V8@82!C<F5D:70@979E;G0@;W(@<V5T=&QE;65N="!A
M9W)E96UE;G0L("AV*2!L;W-S97,@<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M96-O=F5R960@86YD(')E8V]V97)A8FQE(&]N('!U<F-H87-E9"!#1%,@8V]N
M=')A8W1S(&1U92!T;R!T:&4@;V-C=7)R96YC92!O9B!A(&-R961I="!E=F5N
M="!O<B!S971T;&5M96YT(&%G<F5E;65N="!A;F0@*'9I*2!F965S(')E;&%T
M:6YG('1O($-$4R!C;VYT<F%C=',N(%1H92`F(S@R,C`[56YR96%L:7IE9"!G
M86EN<R`H;&]S<V5S*2!O;B!I;G-U<F5D(&1E<FEV871I=F5S)B,X,C(Q.R!I
M;F-L=61E(&%L;"!O=&AE<B!C:&%N9V5S(&EN(&9A:7(@=F%L=64@;V8@=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:&4@:6YS=7)E9"!D97)I=F%T:79E(&-O
M;G1R86-T<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
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M=61E9"!I;B`F(S@R,C`[3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA
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M.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y6245S(&-O;G-O;&ED871E
M9"!B>2!T:&4@0V]M<&%N>2!H879E(&5N=&5R960@:6YT;R!D97)I=F%T:79E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=')U;65N=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<R!C;VYS:7-T:6YG(&]F(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:6YT97)E<W0@<F%T92!C87!S(&%N9"!C<F]S<R!C=7)R96YC>3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^('-W87!S/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XN($EN=&5R97-T(')A=&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC
M87!S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87)E(&5N=&5R960@:6YT;R!T
M;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M9F]N="US:7IE.C$P<'0[)R`^0W)O<W,@8W5R<F5N8WD@<W=A<',@87)E(&5N
M=&5R960@:6YT;R!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FUA;F%G93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^('1H92!V87)I86)I;&ET>2!I;B!C87-H
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`@/"]F
M;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z
M,'!T.R<@/D-O<G!O<F%T93PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^5&AE($-O;7!A;GD@:&%S(&5N=&5R960@:6YT;R!D97)I=F%T:79E(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=')U;65N=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<R!P<FEM87)I;'D@8V]N<VES=&EN9R!O9B!I;G1E<F5S="!R
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UA;F%G93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^('1H92!R:7-K<R!A<W-O8VEA=&5D('=I=&@@9FQU
M8W1U871I;VYS(&EN(&EN=&5R97-T(')A=&5S(&]R(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9F%I<B!V86QU97,@;V8@8V5R=&%I;B!C;VYT<F%C=',N(#PO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^0VAA;F=E<R!I;B!T:&4@
M9F%I<B!V86QU92!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H97-E/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@9&5R:79A=&EV97,@87)E(')E8V]R9&5D
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VX@=&AE($-O;7!A;GDF(S@R,3<[
M<R!C;VYS;VQI9&%T960@<W1A=&5M96YT<R!O9B!O<&5R871I;VYS(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=VET:&EN("8C.#(R,#M.970@9V%I;G,@*&QO
M<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@
M86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B8C.#(R,3L@(#PO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R
M9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN
M+6QE9G0Z,'!T.R<@/D-R961I="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^1&5R:79A=&EV97,@
M4V]L9#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&9O;&QO
M=VEN9R!T86)L93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^('!R97-E;G0@:6YF;W)M871I;VX@86)O=70@8W)E9&ET
M(&1E<FEV871I=F5S('-O;&0@8GD@=&AE($-O;7!A;GDF(S@R,3<[<R!I;G-U
M<F%N8V4@;W!E<F%T:6]N<R!T:&%T('=E<F4@;W5T<W1A;F1I;F<@87,@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YO9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N
M9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/BX@0W)E9&ET/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<F%T:6YG
M<R!R97!R97-E;G0@=&AE(&QO=V5R(&]F('5N9&5R;'EI;F<@<F%T:6YG<R!A
M<W-I9VYE9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B0@:6X@;6EL;&EO;G,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C0T,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#0S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07,@;V8@1&5C96UB97(@,S$L
M(#(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3`Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0Q-R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,R
M-RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S(W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^3F]T:6]N86P@5F%L=64\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#<F5D:70@1&5R:79A=&EV
M97,@4V]L9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^5V5I9VAT960@079E<F%G92!296UA:6YI;F<@17AP96-T960@36%T=7)I
M='D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^04%!/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!03PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
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M;&]R.B,P,#`P,#`[)R`^03PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0D)"/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)E;&]W
M($EN=F5S=&UE;G0@1W)A9&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D9A:7(@5F%L=64@07-S970@*$QI86)I;&ET>2D\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@8W)E
M9&ET(&1E9F%U;'0@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$N-B!996%R
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C8L.3$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/C(T-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XY-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3DS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-C`\+V9O;G0^/"]T9#X\=&0@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XY+#0X,3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C0T*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,#$N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#$N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)E9"!S
M=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,38N-R!996%R<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Q-SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(L
M.3,U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^.3<P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,SEP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,SEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-"PP-#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&YO=&EO;F%L/"]F
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPY,30\
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS-C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+#DP,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L,38S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ+#$X,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SEP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3,L-3(U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L
M(&9A:7(@=F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$V+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(T,"D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#,N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,C0V*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O
M<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0S+C5P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQD
M:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA
M<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^)"!I;B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M;W(Z(S`P,#`P,#LG(#X@07,@;V8@1&5C96UB97(@,S$L(#(P,3,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0Q-R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,Q."XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$X
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^3F]T:6]N86P@5F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R
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M8V]L;W(Z(S`P,#`P,#LG(#Y#<F5D:70@1&5R:79A=&EV97,@4V]L9#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5V5I9VAT960@
M079E<F%G92!296UA:6YI;F<@17AP96-T960@36%T=7)I='D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
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M=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%!03PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
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M.B,P,#`P,#`[)R`^04$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
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M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)"0CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"96QO=R!);G9E<W1M96YT($=R
M861E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L($YO=&EO;F%L
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M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER
M(%9A;'5E($%S<V5T("A,:6%B:6QI='DI/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$P,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F5D(&-R961I="!D969A=6QT('-W
M87!S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C8@665A<G,\+V9O;G0^/"]T9#X\
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+#0P-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M.3<R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PP-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XW+#4U,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-2PY-38\+V9O;G0^/"]T9#X\=&0@
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(S+#DU-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#,N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#$S,BD\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$X+C4@665A<G,\
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C<W/"]F;VYT/CPO
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M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS+#(X,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PU.#8\+V9O;G0^/"]T
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#DT-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#4I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y!;&P@;W1H97)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR."XP(%EE87)S
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,V/"]F;VYT/CPO=&0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34I/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!N;W1I
M;VYA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/"]T
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/C<L-#`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#`T.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PS-3`\+V9O;G0^
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/CDL,3,X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4L.3DR/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SEP=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(X+#DS-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/E1O=&%L(&9A:7(@=F%L=64\+V9O;G0^/"]T9#X\=&0@
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
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M<CHC,#`P,#`P.R<@/B@S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-S@I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W
M+C(U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$L,#8Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$L
M,34R*3PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN
M+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^26YT97)N86P@8W)E9&ET(')A=&EN9W,@87-S
M:6=N960@8GD@34))02!O;B!T:&4@=6YD97)L>6EN9R!C;VQL871E<F%L(&%R
M92!D97)I=F5D(&(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GD\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#Y#;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&%N/"]F;VYT/CQF;VYT('-T>6QE
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M:7IE.C$P<'0[)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;W4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6=N/"]F;VYT/CQF;VYT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97!O/"]F;VYT/CQF;VYT('-T>6QE
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G4\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F5E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^96P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^86)L92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O
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M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VAE/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YR92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V@@/"]F;VYT
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>7,\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:60\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/E0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G4\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G)E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YP/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YY/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YM
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE;CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^*#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9&D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:6]N83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"`\+V9O;G0^
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<RP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FT\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]U/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO=VEN/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YG(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M.C$P<'0[)R`^<&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEM/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YE;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YK92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G5N9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;W5N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C$S/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6P\
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M<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O
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M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^964\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VAI/"]F;VYT/CQF;VYT('-T>6QE
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^82`\
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F0@;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<FL\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W5N
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>2X\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M>#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;"`\
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#YR92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G!A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YY;3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BD\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR92`\+V9O
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N/"]F;VYT/CQF;VYT('-T>6QE
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M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^8V@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;W4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)S92`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=VD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAI/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YR9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:6YS=')U;65N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:"!R/"]F
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9V$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6=H/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS+CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M33PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^23PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^)B,X,C$W.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC92`\+V9O;G0^/&9O;G0@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M<'0[)R`^>7,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F$@8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&$\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G5N
M9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^82`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F=U83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86X\+V9O;G0^
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M<'0[)R`^9&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M="US:7IE.C$P<'0[)R`^23PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&$\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M.C$P<'0[)R`^:6=H/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GD\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!R/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YE:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F=U83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G(\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6\\+V9O;G0^/&9O;G0@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;W!O/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8F$\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,L/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YE<&5N9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G5P;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M86X[9F]N="US:7IE.C$P<'0[)R`^9R!R/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!R/"]F;VYT
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<G-E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;V=A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YI;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B!R/"]F;VYT/CQF;VYT
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&$\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/GEM/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6%Y(&)E/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE;CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9V@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9R`\+V9O;G0^/&9O
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6<\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<W,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FAE;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQL83PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86PN/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G
M:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT
M.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T
M>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^0V]U;G1E<G!A<G1Y($-R
M961I="!2:7-K/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS96=M96YT+B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/E1H93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<V4@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YA9W)E96UE;G1S(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^86QL;W<@=&AE($-O;7!A;CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^>2!T;R!C;VYT<F%C='5A;&QY(&YE="!A;6]U;G1S(&1U92!F<F]M(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^82!C;W5N=&5R<&%R='D\+V9O;G0^/&9O
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M+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^56YD97(@=&AE<V4@
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9W)E93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96YT<RP@=&AE($-O;7!A
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M9F]N="US:7IE.C$P<'0[)R`^=',N($%S(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,3(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+B`\+V9O;G0^/&9O
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M<'0[)R`^(&UI;&QI;VX@:7,@:6YC;'5D960@=VET:&EN("8C.#(R,#M/=&AE
M<B!L:6%B:6QI=&EE<R8C.#(R,3L@87,@8V%S:"!C;VQL871E<F%L(&YE='1E
M9"!A9V%I;G-T(&%C8W)U960@:6YT97)E<W0@;VX@9&5R:79A=&EV92!L:6%B
M:6QI=&EE<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB
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M>F4Z,3!P=#LG(#XQ-C`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M;&EA8FEL:71I97,F(S@R,C$[+"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ
M-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@:7,@:6YC;'5D960@
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C$\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!M:6QL:6]N(&ES(&EN8VQU9&5D(&EN("8C.#(R,#M/=&AE<B!A<W-E
M=',F(S@R,C$[(&]N('1H92!#;VUP86YY)B,X,C$W.W,@8V]N<V]L:61A=&5D
M(&)A;&%N8V4@<VAE971S+B!!<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@<&]S=&5D
M('1O(&1E<FEV871I=F4@8V]U;G1E<G!A<G1I97,@86YD('1H:7,@86UO=6YT
M(&ES(&EN8VQU9&5D('=I=&AI;B`F(S@R,C`[1FEX960M;6%T=7)I='D@<V5C
M=7)I=&EE<R!H96QD(&%S(&%V86EL86)L92UF;W(M<V%L92P@870@9F%I<B!V
M86QU928C.#(R,3L@;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI9&%T
M960@8F%L86YC92!S:&5E="X@($%S(&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M<'0[)R`^-#(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@9F%I<B!V86QU92!O;B!O;F4@0W)E
M9&ET(%-U<'!O<G0@06YN97@@*"8C.#(R,#M#4T$F(S@R,C$[*2!W87,@)#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^,CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6EL;&EO;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+"!R97-P96-T:79E;'DN/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@5&AI<R!#4T$@9V]V97)N<R!C;VQL871E<F%L('!O<W1I
M;F<@<F5Q=6ER96UE;G1S(&)E='=E96X@34))02!A;F0@:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=',@9&5R:79A=&EV92!C;W5N=&5R<&%R=&EE<RX@5&AE
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M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M,3<[<R!A;F0@02!B>2!3)F%M<#M0+CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\
M<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM
M87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G
M:6XM;&5F=#HP<'0[)R`^1FEN86YC:6%L(%-T871E;65N="!0<F5S96YT871I
M;VX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
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M9"!O;B!A(&YE="!B87-I<R!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M87)E(&YO="!P<F5S96YT960@;F5T(&]F(&%N>2`\+V9O;G0^/&9O;G0@<W1Y
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M97,@;V9F<V5T<R!B86QA;F-E<R!I;B`F(S@R,C`[26YT97)E<W0@<F%T92!S
M=V%P<R8C.#(R,3L@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA<R!O9B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P
M,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T
M;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN
M+6QE9G0Z,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%S<V5T<RP@869T97(@8V]U
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M)R`^(&UI;&QI;VXL('=A<R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(&]F('=H:6-H("0\+V9O
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M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y!<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R
M(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@=&]T86P@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=A<R`D/"]F;VYT
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=A<R!R97!O<G1E9"!W
M:71H:6X@)B,X,C(P.T1E<FEV871I=F4@;&EA8FEL:71I97,F(S@R,C$[(&%N
M9"`F(S@R,C`[1&5R:79A=&EV92!L:6%B:6QI=&EE<R8C.#(R,3L@<')E<V5N
M=&5D('5N9&5R("8C.#(R,#M,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!V87)I86)L92!I;G1E<F5S="!E;G1I
M=&EE<R8C.#(R,3L@;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI9&%T
M960@8F%L86YC92!S:&5E=',N($5M8F5D9&5D(&1E<FEV871I=F5S(&]F("0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C$Y/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@;6EL;&EO;B!W97)E(')E<&]R=&5D('=I=&AI;B`F(S@R,C`[365D:75M
M+71E<FT@;F]T97,F(S@R,C$[(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;VX@
M=&AE($-O;7!A;GDF(S@R,3<[<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&-O
M;G-O;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T
M;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN
M+6QE9G0Z,'!T.R<@/E1H92!F;VQL;W=I;F<@=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^86)L92!P<F5S96YT<R!T:&4@=&]T86P@9F%I<B!V86QU92!O9B!T
M:&4@0V]M<&%N>28C.#(Q-SMS(&1E<FEV871I=F4@87-S971S(&%N9"!L:6%B
M:6QI=&EE<R!B>2!I;G-T<G5M96YT(&%N9"!B86QA;F-E('-H965T(&QO8V%T
M:6]N+"!B969O<F4@8V]U;G1E<G!A<G1Y(&YE='1I;F<@86YD('!O<W1I;F<@
M;V8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F-A<V@@8V]L;&%T97)A;"P@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/CH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R
M+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-C)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T
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M,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-3!P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!!<W-E=',@/"]F;VYT/CQS
M=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,34P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@
M3&EA8FEL:71I97,@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DYO=&EO;F%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
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M=&@Z-3@N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^06UO=6YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P
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M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,38R<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$97)I=F%T:79E
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3@N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W5T<W1A;F1I;F<\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0F%L86YC92!3:&5E="!,;V-A=&EO;CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^5F%L=64\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.;W0@9&5S:6=N871E9"!A
M<R!H961G:6YG(&EN<W1R=6UE;G1S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T>6QE
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M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@8W)E9&ET
M(&1E9F%U;'0@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4Q<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XY+#0X,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T
M:&5R(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$97)I=F%T:79E
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#(T-"D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
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M,#`P,#`P.R<@/DEN<W5R960@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PP-#0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@;&EA8FEL:71I97,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#(I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#4P/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^3W1H97(@87-S971S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C0X*3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T92!S
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,S<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^365D:75M+71E<FT@;F]T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$Y*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0W5R<F5N8WD@<W=A<',M5DE%
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-3%P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/CDQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV
M92!L:6%B:6QI=&EE<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^06QL(&]T:&5R/"]F;VYT/CPO=&0^/'1D('-T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S/"]F;VYT/CPO=&0^/'1D('-T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y$97)I=F%T:79E(&QI86)I;&ET:65S/"]F;VYT/CPO
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@R-"D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%L;"!O
M=&AE<BU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C0Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M1&5R:79A=&EV92!L:6%B:6QI=&EE<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^06QL(&]T:&5R+65M8F5D9&5D
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-3%P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@
M:6YV97-T;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y4;W1A;"!N;VXM9&5S:6=N871E9"!D97)I=F%T:79E<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4Q<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,34L.#,Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDQ
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@U,S<I/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0Q-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$I("T@26X@86-C;W)D86YC92!W:71H('1H92!A8V-O=6YT:6YG
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#$T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30P<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30P<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B`@(&)Y('1H92!L;V-A
M=&EO;B!O9B!T:&4@<F5L871E9"!H;W-T(&-O;G1R86-T+B`\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-#(\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XL('=A<R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&UI;&QI;VXL(&]F('=H:6-H("0\+V9O;G0^/&9O;G0@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&UI;&QI;VX@=V5R92!R97!O<G1E9"!W:71H:6X@)B,X
M,C(P.TUE9&EU;2UT97)M(&YO=&5S)B,X,C(Q.R!O;B!T:&4@0V]M<&%N>28C
M.#(Q-SMS(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]P
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA
M<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%S(&]F(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M.C$P<'0[)R`^871I=F4@;&EA8FEL:71I97,L(&%F=&5R(&-O=6YT97)P87)T
M>2!N971T:6YG/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;V8@)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^-#(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M.C$P<'0[)R`^(&UI;&QI;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@=V%S
M("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C$N,CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&)I;&QI;VX@=VAI8V@@=V%S(')E<&]R=&5D('=I=&AI;B`F(S@R
M,C`[1&5R:79A=&EV92!L:6%B:6QI=&EE<R8C.#(R,3L@86YD("8C.#(R,#M$
M97)I=F%T:79E(&QI/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA8FEL:71I97,\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B8C.#(R,3L@<')E<V5N=&5D('5N9&5R
M("8C.#(R,#M,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960@=F%R:6%B;&4@
M:6YT97)E<W0@96YT:71I97,F(S@R,C$[(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI9&%T960@8F%L86YC
M92!S:&5E=',N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@16UB961D960@9&5R
M:79A=&EV97,@;V8@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3D\+V9O;G0^
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M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
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M,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/CH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R
M9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^
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M('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T
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M,'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ-3!P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R
M:79A=&EV92!!<W-E=',@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P
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M<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@3&EA8FEL:71I97,@/"]F;VYT/CQS
M=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-30N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3F]T:6]N86P\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$V,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^3W5T<W1A;F1I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0F%L86YC92!3:&5E="!,;V-A=&EO;CPO9F]N=#X\
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M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^5F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!3:&5E="!,;V-A=&EO;CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^5F%L=64\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M-"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/DEN<W5R960@8W)E9&ET(&1E9F%U;'0@<W=A<',\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4Q<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,RPY-30\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#$S,BD\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@<W=A<',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-"PY-#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@;&EA
M8FEL:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);G1E<F5S="!R871E('-W87!S/"]F;VYT/CPO=&0^/'1D
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#DU
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S/"]F;VYT/CPO=&0^
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0V
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,38U*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^26YT97)E<W0@<F%T92!S=V%P<RUE;6)E9&1E9#PO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.38\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-961I=6TM=&5R;2!N;W1E<SPO9F]N=#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^365D:75M+71E<FT@;F]T97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$Y*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDY/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^3W1H97(@87-S971S+59)13PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<RU6244\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$Q*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^06QL(&]T
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M<CHC,#`P,#`P.R<@/C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$97)I=F%T:79E
M(&QI86)I;&ET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-2D\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D%L;"!O=&AE<BU6244\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C@P/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S+59)13PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<RU6
M244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^06QL(&]T:&5R+65M8F5D9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&EN=F5S=&UE;G1S/"]F
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!N;VXM9&5S
M:6=N871E9"!D97)I=F%T:79E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S$L,S$V/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q+#,T-RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?
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M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P
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M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!);B!A8V-O<F1A
M;F-E('=I=&@@=&AE(&%C8V]U;G1I;F<@9W5I9&%N8V4@9F]R(&1E<FEV871I
M=F4@:6YS=')U;65N=',@86YD(&AE9&=I;F<@86-T:79I=&EE<RP@=&AE(&)A
M;&%N8V4@<VAE970@;&]C871I;VX@;V8@=&AE($-O;7!A;GDF(S@R,3<[<R!E
M;6)E9&1E9"!D97)I=F%T:79E(&EN<W1R=6UE;G1S(&ES(&1E=&5R;6EN960\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
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M,#`P,#`[)R`^("`@8GD@=&AE(&QO8V%T:6]N(&]F('1H92!R96QA=&5D(&AO
M<W0@8V]N=')A8W0N(#PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\
M9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU
M<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;VP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;VQI9&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0@<SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]P93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N/"]F
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M:7IE.C$P<'0[)R`^>65A<B!E;F1E9#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF
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M,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@1V%I;CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^*$QO<W,I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV97,@3F]T($1E<VEG
M;F%T960@87,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#@N
M-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O9VYI>F5D/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M2&5D9VEN9R!);G-T<G5M96YT<R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V-A=&EO;B!O9B!'86EN
M("A,;W-S*2!296-O9VYI>F5D(&EN($EN8V]M92!O;B!$97)I=F%T:79E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN($EN8V]M93PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F5D(&-R961I="!D969A=6QT
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M9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9"!G
M86EN<R`H;&]S<V5S*2!O;B!I;G-U<F5D(&1E<FEV871I=F5S/"]F;VYT/CPO
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XX.#@\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)E
M9"!C<F5D:70@9&5F875L="!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P
M,#`P.R<@/E)E86QI>F5D(&=A:6YS("AL;W-S97,I(&%N9"!O=&AE<B!S971T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH-#$S*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M
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M(S`P,#`P,#LG(#XH-S@I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC
M,#`P,#`P.R<@/D-U<G)E;F-Y('-W87!S+59)13PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO
M<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@
M:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG
M92U6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M+C5P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P
M=#MC;VQO<CHC,#`P,#`P.R<@/D%L;"!O=&AE<CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO
M<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@;VX@:6YS
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M9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^,34\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^06QL(&]T:&5R/"]F;VYT
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M.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N
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M+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/D%L;"!O=&AE<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P
M=#MC;VQO<CHC,#`P,#`P.R<@/E)E86QI>F5D(&=A:6YS("AL;W-S97,I(&%N
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S$I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P
M=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.3@\+V9O;G0^/"]T9#X\
M+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/E0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^86)L93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F4\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87(@96YD960\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E
M8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO9F]N
M=#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P
M<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-3-P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M3F5T($=A:6X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/BA,;W-S*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F5S($YO
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M.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;V=N:7IE9#PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DAE9&=I;F<@26YS=')U;65N=',@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,C<N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]C871I;VX@;V8@1V%I
M;B`H3&]S<RD@4F5C;V=N:7IE9"!I;B!);F-O;64@;VX@1&5R:79A=&EV93PO
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M8V]L;W(Z(S`P,#`P,#LG(#YI;B!);F-O;64\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)E9"!C<F5D:70@9&5F875L="!S=V%P
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960@9V%I;G,@
M*&QO<W-E<RD@;VX@:6YS=7)E9"!D97)I=F%T:79E<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-S(U/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@8W)E
M9&ET(&1E9F%U;'0@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y296%L:7IE9"!G86EN<R`H;&]S<V5S*2!A;F0@;W1H97(@<V5T=&QE;65N
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M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#4T
M-2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^26YT
M97)E<W0@<F%T92!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
M/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',@
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M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P
M.R<@/C8U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
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M,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$W/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO
M<CHC,#`P,#`P.R<@/D-U<G)E;F-Y('-W87!S/"]F;VYT/CPO=&0^/'1D('-T
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M.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I
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M>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y#=7)R96YC>2!S=V%P<RU6244\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L
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M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN
M-7!T.V-O;&]R.B,P,#`P,#`[)R`^,3`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T
M.V-O;&]R.B,P,#`P,#`[)R`^06QL(&]T:&5R/"]F;VYT/CPO=&0^/'1D('-T
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M.B,P,#`P,#`[)R`^56YR96%L:7IE9"!G86EN<R`H;&]S<V5S*2!O;B!I;G-U
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M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^-3(\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,C4\
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86)L93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M96X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F4\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE
M87(@96YD960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^.CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B
M;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI
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M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T($=A:6X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
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M+7=I9'1H.C,R-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,;W-S*3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;V=N:7IE9#PO
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M<CHC,#`P,#`P.R<@/DAE9&=I;F<@26YS=')U;65N=',@/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]C
M871I;VX@;V8@1V%I;B`H3&]S<RD@4F5C;V=N:7IE9"!I;B!);F-O;64@;VX@
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;B!);F-O;64\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)E9"!C<F5D:70@
M9&5F875L="!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R
M-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A
M;&EZ960@9V%I;G,@*&QO<W-E<RD@;VX@:6YS=7)E9"!D97)I=F%T:79E<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$L.#0W/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
M/DEN<W5R960@8W)E9&ET(&1E9F%U;'0@<W=A<',\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y296%L:7IE9"!G86EN<R`H;&]S<V5S*2!A;F0@;W1H
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M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@T,#8I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P
M,#`P.R<@/DEN<W5R960@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&]N(&EN<W5R960@9&5R
M:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P
M=#MC;VQO<CHC,#`P,#`P.R<@/DYO;BUI;G-U<F5D(&-R961I="!D969A=6QT
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M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A:6YS
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M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/DYO;BUI;G-U
M<F5D(&-R961I="!D969A=6QT('-W87!S+59)13PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO
M<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@
M:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG
M92U6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T92!S=V%P<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M+C5P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@W-2D\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T92!S=V%P<RU6
M244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@*&QO
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M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^-34\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^0W5R<F5N8WD@
M<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@
M*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L
M=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^0W5R<F5N8WD@
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M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A
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M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@T*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M;&P@;W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI
M>F5D(&=A:6YS("AL;W-S97,I(&]N(&EN<W5R960@9&5R:79A=&EV97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y!;&P@;W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S
M(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG
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M<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,R-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#0U/"]F;VYT/CPO=&0^/"]T<CX\+W1A
M8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X
M=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#
M;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,3DN:'1M;`T*
M0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*
M0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*
M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O
M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M
M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N
M:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\
M+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I
M9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY$96)T/&)R/CPO
M<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X]
M,T0Q/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R
M/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E
M8G0@1&ES8VQO<W5R92!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E8G0\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[;6%R
M9VEN+6QE9G0Z,'!T.R<@/DYO=&4@,3`Z($1E8G0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V9O;G0M=V5I9VAT.F)O;&0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T
M=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T
M.R<@/DQO;F<M5&5R;2!$96)T/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M
M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I;BUB;W1T;VTZ.7!T
M.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z
M,'!T.R<@/E1H92!#;VUP86YY)B,X,C$W.W,@;&]N9RUT97)M(&1E8G0@8V]N
M<VES=',@;V8@;F]T97,@86YD(&1E8F5N='5R97,@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YI;F-L=61I;F<@86-C<G5E9"!I;G1E<F5S=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&%S(&9O;&QO=W,Z/"]F;VYT/CPO<#X\+V1I=CX\9&EV
M/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G
M:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,#(N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07,@;V8@1&5C96UB97(@,S$L
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG
M;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,34P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,2XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Q+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-#(N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8N
M-#`P)2!396YI;W(@3F]T97,@9'5E(#(P,C(\+V9O;G0^/'-U<#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$I/"]F;VYT/CPO<W5P/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V-CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XW+C`P,"4@1&5B96YT=7)E<R!D=64@,C`R-3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-38\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-RXQ-3`E($1E8F5N
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$P,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#`\+V9O;G0^/"]T9#X\
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-BXV,C4E($1E8F5N='5R97,@9'5E(#(P,C@\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M(S`P,#`P,#LG(#XQ-#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2XW
M,#`E(%-E;FEO<B!.;W1E<R!D=64@,C`S-#PO9F]N=#X\<W5P/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,BD\+V9O;G0^/"]S=7`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,2XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Q/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%C8W)U960@:6YT97)E
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$S-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-3DR/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4Y,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ-"4@4W5R<&QU<R!.;W1E<R!D=64@,C`S,SPO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,RD\+V9O;G0^/"]S
M=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,2XU<'0[=&5X="UA;&EG;CIL
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M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^.30P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT
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M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.30P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C<X/"]F;VYT/CPO=&0^
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M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3<P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VQO<CHC,#`P,#`P.R<@/C$L.#$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-S`R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U
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M97<@4F]M86X[9F]N="US:7IE.C5P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?
M7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
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M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[
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M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@
M0V%L;&%B;&4@;VX@;W(@869T97(@075G=7-T(#$U+"`R,#`V(&%T(#$P,"XP
M,"X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#<@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HR.#0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C@T+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*2`M($-A;&QA
M8FQE(&%N>71I;64@870@=&AE(&=R96%T97(@;V8@,3`P+C`P(&]R('1H92!P
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(X-"XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("`@("`@("`@<&%Y;65N=',@
M;V8@<')I;F-I<&%L(&%N9"!I;G1E<F5S="X\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#<@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR.#0N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C@T+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@S*2`M($-A;&QA8FQE(&]N(&]R(&%F=&5R($IA;G5A
M<GD@,34L(#(P,3@@86YD(&5V97)Y(&9I9G1H(&%N;FEV97)S87)Y('1H97)E
M869T97(@870@,3`P+C`P+CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\
M<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G
M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!O9B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+"!.871I;VYA;"!O=VYE9"`D/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XQ,S8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N
M('!R:6YC:7!A;"!A;6]U;G0@;V8@=&AE(#4N-S`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4@4V5N:6]R($YO=&5S
M(&1U92`R,#,T('1H870@87)E(&5L:6UI;F%T960@;VX@82!C;VYS;VQI9&%T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^("AI*28C,38P.V1E9F%U;'0@:6X@=&AE('!A>6UE;G0@;V8@86YY(&EN
M=&5R97-T(&]R('!R:6YC:7!A;"!W:&5N(&ET(&)E8V]M97,@9'5E(&%N9"!P
M87EA8FQE+"`H:6DI)B,Q-C`[9&5F875L="!I;B!T:&4@<&5R9F]R;6%N8V4L
M(&]R(&)R96%C:"P@;V8@86YY(&-O=F5N86YT(&]R('=A<CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<F%N='D@;V8@34))02P@*&EI:2DF(S$V,#L\+V9O;G0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X@=&AE
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M+"`H=BD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<FT@9&5B="P@3F%T
M:6]N86PL/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@:6X@86X@:6YV;VQU;G1A
M<GD@8V%S92!O<B!P<F]C965D:6YG('5N9&5R(&%N>2!A<'!L:6-A8FQE(&9E
M9&5R86P@;W(@<W1A=&4@8F%N:W)U<'1C>2P@:6YS;VQV96YC>2P@<F5O<F=A
M;FEZ871I;VX@;W(@;W1H97(@<VEM:6QA<B!L87<L(&%N9"`H=CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^*28C,38P
M.V-O;6UE;F-E;65N="!B>2!-0DE!(&]F(&$@=F]L=6YT87)Y(&-A<V4@;W(@
M<')O8V5E9&EN9R!U;F1E<B!A;GD@87!P;&EC86)L92!F961E<F%L(&]R('-T
M871E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@8F%N:W)U<'1C>2P@:6YS;VQV
M96YC>2P@<F5O<F=A;FEZ871I;VX@;W(@;W1H97(@<VEM:6QA<B!L87<N/"]F
M;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y/;B!*86YU87)Y)B,Q-C`[
M,38L(#(P,#@L($U"24$@0V]R<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FES<W5E9"`D/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XQ+C`@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YB:6QL:6]N(&]F
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,30\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B4@9FEX960M=&\M9FQO871I;F<@<F%T92!S=7)P;'5S(&YO=&5S(&1U
M92!*86YU87)Y)B,Q-C`[,34L(#(P,S,N(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^07,@;V8@1&5C96UB97(@,S$L(#(P,30L(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^34))02!#;W)P/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@:&%S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<F5P=7)C:&%S960@82!T;W1A;"!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XT-SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@<#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^87(@=F%L=64@;W5T<W1A;F1I;F<@;V8@:71S('-U
M<G!L=7,@;F]T97,@870@83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=E:6=H
M=&5D(&%V97)A9V4@<')I8V4@;V8@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M-S<N,#@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@:6X@861D:71I;VXL
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34))02!);F,N+"!T:')O=6=H(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:71S(&-O<G!O<F%T92!S96=M96YT+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;W=N960@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3,\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!M:6QL:6]N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;V8@
M34))02!#;W)P/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<W5R<&QU<R!N;W1E<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E1H92!S=7)P;'5S(&YO=&5S
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&%D(&%N(&EN:71I86P@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YI;G1E<F5S="!R871E(&]F(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M9F]N="US:7IE.C$P<'0[)R`^=&AR964M;6]N=&@@3$E"3U(\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!L=7,@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,2XR-CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^)3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!);G1E<F5S="!A;F0@<')I
M;F-I<&%L('!A>6UE;G1S(&]N('1H92!S=7)P;'5S(&YO=&5S(&%R92!S=6)J
M96-T('1O('!R:6]R(&%P<')O=F%L(&)Y('1H92!3=7!E<FEN=&5N9&5N="!O
M9B!T:&4@3EE31$93+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:7IE.C$P<'0[)R`^0SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W)P/"]F;VYT
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M86X[9F]N="US:7IE.C$R<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M34))03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^0V]R<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G!R;W9I9&5D(&YO=&EC92!T;R!T:&4@1FES8V%L($%G
M96YT(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AA="`\+V9O;G0^/&9O;G0@
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M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V%L;&%B;&4@870@<&%R(&%T(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE(&]P=&EO;B!O9B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/DU"24$@0V]R<#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]N('1H92!F:69T:"!A;FYI=F5R
M<V%R>2!O9B!T:&4@9&%T92!O9B!I<W-U86YC93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F%R92!C/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;&QA
M8FQE(&%T('!A<B!O;B!*86YU87)Y(#$U+"`R,#$X(&%N9"`\+V9O;G0^/&9O
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W5B:F5C="!T;R!P<FEO<B!A
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M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&%G9W)E9V%T92!M871U<FET
M:65S(&]F('!R:6YC:7!A;"!P87EM96YT<R!O9B!L;VYG+71E<FT@9&5B="!O
M8FQI9V%T:6]N<R!I;B!E86-H(&]F('1H92!N97AT(&9I=F4@>65A<G,@96YD
M:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F<@1&5C96UB97(@,S$L(&%N9"!T
M:&5R96%F=&5R+"!A<F4@87,@9F]L;&]W<SH\+V9O;G0^/"]P/CPO9&EV/CQD
M:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA
M<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U+C<U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3,U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#(N-S5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#XR,#$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,38\
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M.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO9F]N=#X\+W1D/CQT9"!S
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#$X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3D\+V9O
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M;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^5&AE<F5A9G1E<CPO9F]N=#X\+W1D/CQT
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M(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,S4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,S4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^0V]R<&]R871E(&1E8G0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^-3@T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
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M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/C4X-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,S4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^,30E(%-U<G!L=7,@3F]T97,@9'5E(#(P,S,\
M+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$I
M/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XY-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/CDT,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,S4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,S4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^5&]T86P@9&5B="!O8FQI9V%T:6]N<R!D=64\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
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M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/CDT,#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XU.#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#4R-#PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,S4N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
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M:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
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M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q*2`M($-A;&QA8FQE(&]N(&]R(&%F=&5R($IA;G5A<GD@,34L(#(P
M,3@@86YD(&5V97)Y(&9I9G1H(&%N;FEV97)S87)Y('1H97)E869T97(@870@
M,3`P+C`P+CPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
M<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM
M;&5F=#HP<'0[)R`^26YV97-T;65N="!!9W)E96UE;G0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^
M<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
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M:&4@8F%L86YC92!S:&5E="!D871E+B!5<&]N('1H92`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F]C8W5R<F5N8V4@;V8@8V5R=&%I;B!C;VYT<F%C='5A;&QY
M(&%G<F5E9"UU<&]N(&5V96YT<RP@<V]M92!O9B!T:&5S92!F=6YD<R!M87D@
M8F4@=VET:&1R87=N(&)Y('1H92!I;G9E<W1O<B!P<FEO<B!T;R!T:&5I<B!C
M;VYT<F%C='5A;"!M871U<FET>2!D871E<RX@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y!;&P@;V8@=&AE(&EN=F5S=&UE;G0@86=R965M96YT<R!H879E(&)E
M96X@8V]L;&%T97)A;&EZ960@:6X@86-C;W)D86YC92!W:71H('1H92!C;VYT
M<F%C='5A;"!T97)M<RX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!9&1I/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:6]N86QL>2P@8V5R=&%I;B!I;G9E<W1M
M96YT(&%G<F5E;65N=',@<')O=FED92!F;W(@96%R;'D@=&5R;6EN871I;VX\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@:6YC;'5D:6YG+"!I;B!S;VUE(&-A
M<V5S+"!W:71H(&UA:V4M=VAO;&4@<&%Y;65N=',L('5P;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;B!C97)T86EN(&]T:&5R(&5V96YT<R!I;F-L=61I;F<@
M=&AE(&)A;FMR=7!T8WD@;V8@34))02!);F,N(&]R('1H92!C;VUM96YC96UE
M;G0@;V8@86X@:6YS;VQV96YC>2!P<F]C965D:6YG('=I=&@@<F5S<&5C="!T
M;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DU"24$@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y#;W)P+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
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M;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@=&AE(&%N
M;G5A;"!I;G1E<F5S="!R871E<R!O;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M9F]N="US:7IE.C$P<'0[)R`^-RXS.#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M)2!A;F0@=&AE('=E:6=H=&5D(&%V97)A9V4@:6YT97)E<W0@<F%T92`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G=A<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/C4N-3`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4N($%S(&]F(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE
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M<V4@86=R965M96YT<R!R86YG960@9G)O;2`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C`N,C$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4@=&\@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XW+C,X/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XE(&%N
M9"!T:&4@=V5I9VAT960@879E<F%G92!I;G1E<F5S="!R871E('=A<R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C4N,3`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B4N($5X<&5C=&5D('!R:6YC:7!A;"!P87EM96YT<R!D=64@=6YD97(@=&AE
M<V4@:6YV97-T;65N="!A9W)E96UE;G1S(&EN(&5A8V@@;V8@=&AE(&YE>'0@
M9FEV93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('EE87)S(&5N9&EN9R!$96-E
M;6)E<B8C,38P.S,Q(&%N9"!T:&5R96%F=&5R+"!B87-E9"!U<&]N(&-O;G1R
M86-T=6%L(&UA='5R:71Y(&1A=&5S+"!A<F4@87,@9F]L;&]W<SH\+V9O;G0^
M/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E
M.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')I
M;F-I<&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S4N-S5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<U+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-871U<FET
M>2!D871E.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<U+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$U/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$V/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0P/"]F
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO9F]N=#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P,3@\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0U-3PO9F]N=#X\+W1D/CQT9"!S='EL
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M;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&5X<&5C=&5D('!R:6YC:7!A;"!P87EM
M96YT<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XV,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,
M97-S(&1I<V-O=6YT(&%N9"!O=&AE<B!A9&IU<W1M96YT<SPO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,BD\+V9O;G0^/"]S
M=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,35P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4T-SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<U+C<U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<U+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<T+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,S,BXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,S(N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-7!T.V-O;&]R.B,P
M,#`P,#`[)R`^7U]?7U]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.C,W-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BDM($EN
M8VQU9&5S(&1I<V-O=6YT<R!O9B`D-S4@;6EL;&EO;B!O;B!I;G9E<W1M96YT
M(&%G<F5E;65N=',L(&YE="!O9B!A8V-R=65D(&EN=&5R97-T(&]F("0W(&UI
M;&QI;VXN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S4N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M-2XW-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL
M93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM
M8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&%R92!R96-O<F1E9"!A<R!L:6%B:6QI=&EE
M<R!O;B!T:&4@0V]M<&%N>28C.#(Q-SMS(&)A;&%N8V4@<VAE971S(&)A<V5D
M('5P;VX@<')O8V5E9',@<F5C96EV960L(&YE="!O9B!U;F%M;W)T:7IE9"!D
M:7-C;W5N=',@86YD('!R96UI=6US+"!P;'5S('5N<&%I9"!A8V-R=65D(&EN
M=&5R97-T(&%T('1H92!B86QA;F-E('-H965T(&1A=&4N(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^0V5R=&%I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M87)E(&ES<W5E9"!B>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DU"24$@1VQO
M8F%L($9U;F1I;F<L($Q,0R`H)B,X,C(P.SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^1T9,/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[*3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VET:"!E
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M<'0[)R`^>65A<B!E;F1E9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T
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M;FEN9R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,CD\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!M:6QL:6]N(&]F(&]U='-T86YD:6YG($U43G,@:7-S=65D
M(&)Y('1H92!#;VUP86YY)B,X,C$W.W,@8V]N9'5I="!S96=M96YT(&%T(&$@
M8V]S="!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/CDW/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XE(&]F('!A<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G9A
M;'5E(&%N9"!C;VUP;&5T960@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;&EQ=6ED871I;VX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:&ES(&)U<VEN
M97-S+B!4:&4@0V]M<&%N>2!A;'-O(')E<'5R8VAA<V5D(&%P<')O>&EM871E
M;'D@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3(R/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#X@;6EL;&EO;B!P87(@=F%L=64@;W5T<W1A;F1I;F<@;V8@1T9,
M($U43G,@:7-S=65D(&)Y('1H92!#;VUP86YY)B,X,C$W.W,@8V]R<&]R871E
M('-E9VUE;G0@870@82!W96EG:'1E9"!A=F5R86=E(&-O<W0@;V8@87!P<F]X
M:6UA=&5L>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/CDX/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XE(&]F('!A<B!V86QU92X@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y!<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@:6YT97)E<W0@
M<F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1E<R!O9B!T:&4@351.<R!R86YG
M960@9G)O;2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B4@=&\@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XY+C`X/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#XE(&%N9"!T:&4@=V5I9VAT93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9"!A=F5R86=E(&EN=&5R97-T(')A=&4@=V%S(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^,BXT-#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^)2X@07,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S
M,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M.C$P<'0[)R`^,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2!T;R`\+V9O;G0^
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M86X[9F]N="US:7IE.C$P<'0[)R`^,BXV-SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^)2X@13PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>'!E8W1E9"!P<FEN8VEP
M86P@<&%Y;65N=',@9'5E('5N9&5R($U43B!O8FQI9V%T:6]N<R!B87-E9"!O
M;B!T:&5I<B!C;VYT<F%C='5A;"!M871U<FET>2!D871E<R!A<F4@87,@9F]L
M;&]W<SH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R
M9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4')I;F-I<&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\
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M;&%C:SMM:6XM=VED=&@Z,3`P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,CDN,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-871U<FET
M>2!D871E.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CDS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$U/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CDS<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$V/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT
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M.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.3-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3-P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M;6EN+7=I9'1H.C,R.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C`Q.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4Y/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S(Y+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R.2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R.2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&AE<F5A9G1E<CPO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,34R/"]F;VYT/CPO=&0^/'1D('-T
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M0FQA8VL[;6EN+7=I9'1H.C,R.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^5&]T86P@97AP96-T960@<')I;F-I<&%L('!A>6UE;G1S
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,W!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PU-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S(Y+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y,97-S(&1I<V-O=6YT(&%N9"!O=&AE<B!A9&IU<W1M96YT<SPO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,BD\+V9O
M;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-#4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,CDN
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CDS<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,W!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PR,#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M-#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?7U]?/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CDS<'0[8F]R9&5R+71O<"US='EL93ID;W5B
M;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-#0W<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0T-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0T-W!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BDM($EN8VQU9&5S(&1I<V-O=6YT<R!O
M9B`D,S`V(&UI;&QI;VXL(&9A:7(@=F%L=64@861J=7-T;65N=',@;V8@)#0U
M(&UI;&QI;VXL(&YE="!O9B!A8V-R=65D(&EN=&5R97-T(&]F("0V(&UI;&QI
M;VXN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^
M/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL93TS1'1E>'0M
M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N(&5F9F]R
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M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M:6UA<FEL>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN(%4N4RX@9&]L;&%R
M<R!B>2!C;VYS;VQI9&%T960@5DE%<R!W:71H:6X@=&AE($-O;7!A;GDF(S@R
M,3<[<R!I;G1E<FYA=&EO;F%L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD
M('-T<G5C='5R960@9FEN86YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN
M<W5R86YC93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('-E9VUE;G0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y4:&5S
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F%S(&]F($1E8V5M8F5R(#,Q+"`R,#$T+"!T:&4@0V]M<&%N>28C.#(Q-SMS
M(&%D=FES;W)Y('-E<G9I8V5S('-E9VUE;G0@:&%D("0T,S$@;6EL;&EO;B!O
M9B!6244@;F]T97,@=&AA="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%R92!P
M<F5S96YT960@<V5P87)A=&5L>2!I;B`F(S@R,C`[3&EA8FEL:71I97,@:&5L
M9"!F;W(@<V%L928C.#(R,3L@;VX@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS
M;VQI9&%T960@8F%L86YC92!S:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^965T
M<RX@169F96-T:79E($IA;G5A<GD@,2P@,C`Q-2P@=&AE($-O;7!A;GD@8V]M
M<&QE=&5D('1H92!S86QE(&]F(&ET<R!#=71W871E<B!B=7-I;F5S<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&%N9"!D96-O;G-O;&ED871E9"!T:&5S92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E9)13PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!2969E<B!T;R`F(S@R,C`[
M3F]T92`Q.B!"=7-I;F5S<R!$979E;&]P;65N=',@86YD(%)I<VMS(&%N9"!5
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE($-O;7!A
M;GDF(S@R,3<[<R!I;G1E<FYA=&EO;F%L(&%N9"!S=')U8W1U<F5D(&9I;F%N
M8V4@:6YS=7)A;F-E('-E9VUE;G0F(S@R,3<[<R`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/E9)12!N;W1E<RP@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
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M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@
M;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C<S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/DUA='5R:71Y(&1A=&4Z/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C`Q-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-S$\+V9O;G0^/"]T9#X\=&0@
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M<CHC,#`P,#`P.R<@/C(P,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,S-CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S0V/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-3!P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,C$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR,#$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&5R96%F=&5R/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M(S`P,#`P,#LG(#XS+#`S,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PX,#0\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q*3PO9F]N
M=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?7U\\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@26YC;'5D97,@)#(N
M,"!B:6QL:6]N(&]F(%9)12!N;W1E<R!A8V-O=6YT960@9F]R(&%T(&9A:7(@
M=F%L=64@87,@;V8@1&5C96UB97(@,S$L(#(P,30N/"]F;VYT/CPO=&0^/"]T
M<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM
M+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F
M-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,C`N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY);F-O
M;64@5&%X97,\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E
M8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^5&5X="!";&]C:R!;06)S=')A8W1=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN8V]M92!487AE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T
M=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F=#HP<'0[)R`^3F]T92`Q,3H@26YC
M;VUE(%1A>&5S/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y);F-O
M;64@*&QO<W,I(&9R;VT@;W!E<F%T:6]N<R!B969O<F4@<')O=FES:6]N("AB
M96YE9FET*2!F;W(@:6YC;VUE('1A>&5S(&-O;G-I<W1E9"!O9CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@
M<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR
M,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,#(N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#(N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30W+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ-CDN-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,38Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S($5N9&5D($1E
M8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,BXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,BXW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`R+C<U
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M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`R+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#(N-S5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P,BXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#<N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,30W+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y$;VUE<W1I8SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4W-#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0S-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#@V/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`R+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P,BXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3`R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
M-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#<N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-SPO9F]N=#X\+W1D/CQT9"!S='EL
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@Q.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`R+C<U<'0[(#X\+W1D/CPO
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-O;64@*&QO<W,I(&)E
M9F]R92!I;F-O;64@=&%X97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C0Q/"]F
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C0Q-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M+#4Y.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#(N-S5P=#L@/CPO=&0^/"]T<CX\
M+W1A8FQE/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M8V%L(&IU<FES9&EC=&EO;G,N($EN8V]M92!T87@@97AP96YS92`\+V9O;G0^
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S($5N9&5D($1E8V5M8F5R
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#(N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[8F]R
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M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^/'1D('-T
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#=7)R96YT('1A>&5S.CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
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M:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-SEP=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&961E<F%L/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/E-T871E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S
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M:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-SEP=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/'1D('-T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M;&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-SEP=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&961E<F%L/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M-C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-3`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,S,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C<Y<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(W.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1F]R
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH."D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M8V]L;W(Z(S`P,#`P,#LG(#XQ-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F]V:7-I
M;VX@*&)E;F5F:70I(&9O<B!I;F-O;64@=&%X97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
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M(S`P,#`P,#LG(#XW,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V-CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,V-#PO9F]N=#X\+W1D/CQT9"!S
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y);F-O;64@=&%X97,@8VAA<F=E9"`H8W)E9&ET960I('1O('-H87)E:&]L
M9&5R<R8C,SD[(&5Q=6ET>2!R96QA=&5D('1O.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)A
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M:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-SEP
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V4@:6X@=6YR96%L:7IE9"!G86EN
M<R`H;&]S<V5S*2!O;B!!1E,@<V5C=7)I=&EE<SPO9F]N=#X\+W1D/CQT9"!S
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M,#`P,#`P.R<@/C@Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@Q*3PO
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@V/"]F;VYT/CPO=&0^/'1D('-T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I
M;B!!1E,@<V5C=7)I=&EE<R!W:71H($]45$D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,CDI/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0R/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;B!F
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S,N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,C<Y<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4VAA<F4M8F%S
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XT.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<R*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,S/"]F;VYT/CPO=&0^/'1D('-T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E1O=&%L(&5F9F5C="!O9B!I;F-O;64@=&%X97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C0Y-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[
M(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^02!R96-O;F-I;&EA=&EO;B!O9B!T:&4@52Y3/"]F;VYT/CQF
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M9F]N="US:7IE.C$P<'0[)R`^>65A<G,@96YD960\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y
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M('-T>6QE/3-$=VED=&@Z,C`Q+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(P,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S4N-S5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$S-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^665A<G,@16YD960@1&5C96UB97(@,S$L/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C`Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@W+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR
M,3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&961E<F%L(&EN8V]M92!T
M87@@8V]M<'5T960@870@=&AE('-T871U=&]R>2!R871E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U+C`E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U+C`E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C,U+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YC<F5A<V4@*')E9'5C=&EO
M;BD@:6X@=&%X97,@<F5S=6QT:6YG(&9R;VTZ/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1A>"UE>&5M<'0@
M:6YT97)E<W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#`N-2DE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+C$I)3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,"XW*24\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`Q+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2XV*24\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,RXX)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,"XW*24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`Q+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V4@:6X@=F%L=6%T:6]N
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M;W(Z(S`P,#`P,#LG(#XH,3,N-2DE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,BXV*24\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4N-BDE/"]F
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`Q+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(P,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^0VAA;F=E(&EN('5N8V5R=&%I;B!T87@@<&]S:71I;VYS/"]F
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M(S`P,#`P,#LG(#XR+C@E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@P+C$I)3PO9F]N=#X\+W1D/CQT9"!S='EL
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E-T871E(&EN
M8V]M92!T87@L(&YE="!O9B!F961E<F%L(&)E;F5F:70\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XU)3PO9F]N
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C`N,24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`Q+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=70M;V8M<&5R:6]D(&%D:G5S=&UE
M;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,"XP)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M;W(Z(S`P,#`P,#LG(#XP+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@S+C@I)3PO9F]N=#X\+W1D/CQT9"!S
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I
M9VX@=&%X97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#`N-2DE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@P+C@I)3PO9F]N=#X\+W1D/CQT9"!S
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2XR*24\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`Q+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XP+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
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M,#`P,#`P.R<@/C$Q+C0E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=#MC;VQO<CHC,#`P,#`P.R<@/C`N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HX-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,#$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`Q+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/B@P+C8I)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,"XR*24\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HX-RXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z.#<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,3,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C$S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y%9F9E8W1I=F4@=&%X(')A=&4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$N,B4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,SDN.24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C(N."4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T
M.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL93TS1'1E
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M;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^5&AE($-O;7!A;GD@<F5C;V=N:7IE<R!D969E<G)E9"!T87@@87-S
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M="US:7IE.C$P<'0[)R`^='=E96X@=&AE(&9I;F%N8VEA;"!S=&%T96UE;G0@
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&EN('1H92!P97)I;V0@=&AA="!I
M;F-L=61E<R!T:&4@96YA8W1M96YT(&1A=&4N/"]F;VYT/CPO<#X\<"!S='EL
M93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T
M=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&%R92!P<F5S96YT960@:6X@=&AE(&9O;&QO=VEN9R!T86)L
M93H\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/"]P/CPO9&EV/CQD
M:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA
M<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^07,@;V8@1&5C96UB97(@,S$L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P
M,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU
M<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS,#9P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`V<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$969E<G)E9"!T87@@
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
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M-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YE87)N960@<')E;6EU
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M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.38\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(R,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^1&5F97)R86P@;V8@8V%N8V5L;&%T:6]N(&]F(&EN9&5B
M=&5D;F5S<R!I;F-O;64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,3PO
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5F97)R960@86-Q=6ES
M:71I;VX@8V]S=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,CPO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@W/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU
M<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR.31P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDT<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@=6YR96%L:7IE9"!G86EN
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,CDT<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y"87-I<R!D:69F97)E;F-E(&EN(&9O<F5I9VX@<W5B<VED
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8V]L;W(Z(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S`V<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P-G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^5&]T86P@9W)O<W,@9&5F97)R960@=&%X(&QI86)I
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#(S/"]F;VYT/CPO
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#<X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA
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M<CHC,#`P,#`P.R<@/D1E9F5R<F5D('1A>"!A<W-E=',Z/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V]M<&5N<V%T:6]N(&%N9"!E;7!L;WEE92!B
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,P/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQO<W,@86YD(&QO<W,@861J=7-T;65N
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX-3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&]P97)A=&EN
M9R!L;W-S(&%N9"!T87@@8W)E9&ET(&-A<G)Y9F]R=V%R9',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8V]L;W(Z(S`P,#`P,#LG(#XQ+#$U,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/CDQ-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
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M0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^0V%P:71A;"!L;W-S(&-A<G)Y9F]R=V%R9"!A;F0@;W1H97(M
M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3,\+V9O;G0^
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!U
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XT,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
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M,#`P,#`P.R<@/DYE="!L;W-S97,@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S
M(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8V]L;W(Z(S`P,#`P,#LG(#XS-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C0W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,CDT<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y.970@=6YR96%L:7IE9"!L;W-S97,@:6X@86-C=6UU;&%T960@;W1H
M97(@8V]M<')E:&5N<VEV92!I;F-O;64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S`\+V9O;G0^/"]T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%L=&5R;F%T
M:79E(&UI;FEM=6T@=&%X(&-R961I="!C87)R>69O<G=A<F0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,CDT<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<CHC,#`P,#`P.R<@/C(U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-34\
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M,#`P,#`P.R<@/E1O=&%L(&=R;W-S(&1E9F5R<F5D('1A>"!A<W-E=',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#,R/"]F;VYT/CPO=&0^/'1D
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M;W(Z(S`P,#`P,#LG(#XQ+#8X,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,CDT
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%L=6%T:6]N(&%L;&]W86YC93PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^.3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!D969E<G)E9"!T87@@87-S970\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`P.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$L,3`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDT<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL
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M,#`P,#`P.R<@/B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`\+V9O;G0^/"]T9#X\+W1R/CPO=&%B
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;V8@<W5F9FEC:65N="!T87AA8FQE(&EN8V]M92!O9B!A<'!R;W!R:6%T92!C
M:&%R86-T97(@*&9O<B!E>&%M<&QE+"!O<F1I;F%R>2!I;F-O;64@=F5R<W5S
M(&-A<&ET86P@9V%I;G,I('=I=&AI;B!T:#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^92!C87)R>69O<G=A<F0@<&5R:6]D(&%V86EL86)L92!U;F1E<B!T:&4@
M=&%X(&QA=RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T
M.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT
M.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D%S(&]F
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF
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M;F5T(&1E9F5R<F5D('1A>"!A<W-E="!O9B`D/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XQ+C`@8CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6QL:6]N/"]F;VYT
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M)R`^($%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XR,#$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL('1H97)E('=A<R!A('9A
M;'5A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:6]N(&%L;&]W86YC92!O9B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/CDS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YM:6P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQI;VX\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!A9V%I;G-T(&$@<&]R=&EO;B!O9B!T:&4@9&5F97)R
M960@=&%X(&%S<V5T+B!4:&4@=F%L=6%T:6]N(&%L;&]W86YC92!R96QA=&5D
M('1O(&QO<W-E<R!F<F]M(&%S<V5T(&EM<&%I<FUE;G1S+B`\+V9O;G0^/&9O
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M86EN:6YG(&%S<V5T(&EM<&%I<FUE;G1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O
M;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^26X@86-C;W)D86YC92!W:71H($%352`R,#$S+3$Q+"!T
M:&4@;F5T=&EN9R!O9B!D969E<G)E9"!T87AE<R!B971W965N(&1I9F9E<F5N
M="!T87AP87EI;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9R!J=7)I<V1I8W1I
M;VYS(&ES(&YO="!P97)M:71T960N($%S(&]F(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M86)I;&ET>2!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ.#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@:6YC;'5D960@:6X@)B,X,C(P.T]T
M:&5R(&QI86)I;&ET:65S)B,X,C(Q.R!O;B!T:&4@0V]M<&%N>28C.#(Q-SMS
M(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T+B`\+V9O;G0^/"]P/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB
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M(#YG<F5E;65N=#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE
M($-O;7!A;GD@:&%S(&$@=&%X('-H87)I;F<@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YA9W)E96UE;G0@86UO;F<@:71S(&UE;6)E<G,@969F96-T:79E($IA
M;G5A<GD@,2P@,3DX-RX@5&AE(&%G<F5E;65N="!W87,@86UE;F1E9"!A;F0@
M<F5S=&%T960@969F96-T:79E(%-E<'1E;6)E<B`X+"`R,#$Q('1O(&-H86YG
M92!T:&4@;65T:&]D(&]F(&-A;&-U;&%T:6YG(&5A8V@@9&]M97-T:6,@:6YS
M=7)E<B8C.#(Q-SMS('1A>"!L:6%B:6QI='D@=&\@=&AE(&UE=&AO9"!P97)M
M:71T960@8GD@<&%R86=R87!H(#,H82D@;V8@1&5P87)T;65N="!#:7)C/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YU;&%R($QE='1E<B`C,S,@*#$Y-SDI+B!4
M:&4@86=R965M96YT('=A<R!S=6)M:71T960@=&\@=&AE($Y94T1&4R!F;W(@
M<F5V:65W(&%N9"!N;VXM9&ES87!P<F]V86P@<'5R<W5A;G0@=&\@4V5C=&EO
M;B`Q-3`U(&]F('1H92!.97<@66]R:R!);G-U<F%N8V4@3&%W("@F(S@R,C`[
M3EE)3"8C.#(R,3LI+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^5&AE($-O;7!A;GDF(S@R,3<[<R!T87@@<VAA<FEN
M9R!A9W)E96UE;G0@:7,@9FEL960@87,@86X@97AH:6)I="!T;R!T:&ES($9O
M<FT@,3`M2R!F;W(@:6YF;W)M871I;VYA;"!P=7)P;W-E<R!O;FQY+B`\+V9O
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M="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\<"!S='EL
M93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM
M8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O
M;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z
M,'!T.R<@/D]U="UO9BU097)I;V0@061J=7-T;65N=#PO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G
M:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.VUA<F=I;BUL969T.C!P=#LG(#Y$=7)I;F<@=&AE(&9O=7)T:"!Q=6%R=&5R
M(&]F(#(P,3(L('1H92!#;VUP86YY(&-O;7!L971E9"!A(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8F%L86YC92!S:&5E="!F;V-U<V5D(&%N86QY<VES('1O
M(&5N:&%N8V4@969F:6-I96YC>2!A;F0@86-C=7)A8WD@=VET:"`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FET<R!D969E<G)E9"!I;F-O;64@=&%X(&)A;&%N
M8V5S+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"!A<R!A(')E<W5L="P@
M:61E;G1I9FEE9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^36%T
M97)I86QI='D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@86YD(%-%0R!3=&%F
M9B!!8V-O=6YT:6YG($)U;&QE=&EN($YO+B`Q,#@L(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^0V]N<VED97)I;F<@=&AE($5F
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!A;F0@8V]N8VQU9&5D
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M($1E8V5M8F5R(#,Q+"`R,#$R(&%N9"!A;&P@<')I;W(@<&5R:6]D<R!T;R!W
M:&EC:"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H97-E(&5R<F]R<R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G)E;&%T92X@06-C;W)D:6YG;'DL('1H92!#
M;VUP86YY(')E8V]R9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^960@=&AE/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YS92!A9&IU<W1M96YT<R!I;B!I=',@8V]N
M<V]L:61A=&5D(&9I;F%N8VEA;"!S=&%T96UE;G1S(&9O<B!T:&4@>65A<B!E
M;F1E9"!$96-E;6)E<B`S,2P@,C`Q,B!B>2!I;F-R96%S:6YG("8C.#(R,#M.
M970@:6YC;VUE("AL;W-S*28C.#(R,3L@8GD@)#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^-C`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+B`\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI
M8SMM87)G:6XM;&5F=#HP<'0[)R`^5')E871M96YT(&]F(%5N9&ES=')I8G5T
M960@16%R;FEN9W,@;V8@0V5R=&%I;B!&;W)E:6=N(%-U8G-I9&EA<FEE<R8C
M.#(Q,CLF(S@R,C`[06-C;W5N=&EN9R!F;W(@26YC;VUE(%1A>&5S)B,X,C$R
M.U-P96-I86P@03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L
M9#MF;VYT+7-T>6QE.FET86QI8SLG(#YR96%S)B,X,C(Q.SPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM
M87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y);B!T:&4@9F]U<G1H('%U87)T97(@
M;V8@,C`Q,RP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y5+E,N(&1E9F5R<F5D
M(&EN8V]M92!T87AE<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M="US:7IE.C$P<'0[)R`^8V5R=&%I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M:7IE.C$P<'0[)R`^(&YO(&QO;F=E<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FEN=&5N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD<SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^('1O('!E<FUA;F5N=&QY(')E:6YV97-T('1H93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^<V4@96%R;FEN9W,N/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@5&AE(&EM<&%C="!I<R!R969L96-T960@:6X@=&AE($-O;7!A;GDF
M(S@R,3<[<R`R,#$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@=&%X('!R;W9I
M<VEO;BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\+W`^/"]D:78^/&1I=CX\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M
M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW
M96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[
M)R`^03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
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M='EL93II=&%L:6,[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
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M93II=&%L:6,[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z
M8F]L9#MF;VYT+7-T>6QE.FET86QI8SLG(#YG/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II
M=&%L:6,[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
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M:6,[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
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M)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
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M93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^
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M,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^;CPO
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M.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^(#PO9F]N
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M;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^(#PO9F]N=#X\
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M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^8SPO9F]N=#X\9F]N
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M9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^93PO9F]N=#X\9F]N="!S
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M.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^87@\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE
M.FET86QI8SLG(#YS/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C$W.SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<&\\+V9O;G0^/&9O;G0@<W1Y;&4]
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M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FES(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^96-O/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M<'0[)R`^>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^0CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96X\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^06QL(&%M;W5N
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M.VUI;BUW:61T:#HS-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-C!P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-C!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96-O9VYI
M>F5D('1A>"!B96YE9FET(&%S(&]F($IA;G5A<GD@,2P@,C`Q,CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8Y<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
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M;&]R.D)L86-K.VUI;BUW:61T:#HS-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^5&AE(&=R;W-S(&%M;W5N="!O9B!T:&4@:6YC<F5A
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-C!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-C!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D1U<FEN9R!A('!R:6]R('EE87(\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-CEP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&4@86UO=6YT<R!O9B!D96-R96%S97,@
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C8I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y5;G)E8V]G;FEZ960@=&%X(&)E;F5F:70@87,@;V8@1&5C
M96UB97(@,S$L(#(P,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1H92!G<F]S<R!A;6]U
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1'5R:6YG('1H
M92!C=7)R96YT('EE87(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CEP=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-S,N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E8V]G;FEZ960@=&%X(&)E
M;F5F:70@87,@;V8@1&5C96UB97(@,S$L(#(P,3,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C4\+V9O;G0^/"]T9#X\
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-C$I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-C!P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-C!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D1U<FEN9R!T:&4@8W5R<F5N="!Y96%R/"]F
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&4@86UO=6YT<R!O9B!D96-R
M96%S97,@:6X@=&AE(%540B!R96QA=&5D('1O('-E='1L96UE;G1S('=I=&@@
M=&%X:6YG(&%U=&AO<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3DN-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Y+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C,W,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E8V]G;FEZ960@=&%X(&)E
M;F5F:70@87,@;V8@1&5C96UB97(@,S$L(#(P,30\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CEP=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T
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M9F]N="US:7IE.C$P<'0[)R`^861D:71I;VYA;"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F%M;W5N="!T;R!R979E<G-E(&EN('1H92!N97AT('1W96QV92!M
M;VYT:',@8F%S960@;VX@<V5T=&QI;F<@8V5R=&%I;B!I<W-U97,N/"]F;VYT
M/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P
M=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y-0DE!(&%N9"!I=',@52Y3+B!S
M=6)S:61I87)I97,@9FEL92!A(%4N4RX@8V]N<V]L:61A=&5D(&9E9&5R86P@
M:6YC;VUE('1A>"!R971U<FXN($9E9&5R86P@:6YC;VUE('1A>"!R971U<FYS
M(&9O<B`R,#$Q('1H<F]U9V@@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^23PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;G1E<FYA;"!2979E;G5E(%-E<G9I8V4\+V9O;G0^
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M(#X@34))02`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DEN8RX@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YA;F0@:71S('-U8G-I9&EA<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:65S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL('=H:6-H(&AA
M<R!R97-U;'1E9"!I;B!N;R!C:&%N9V4@=&\@=&%X86)L92!I;F-O;64N($EN
M('1H92!F;W5R=&@@<75A<G1E<B!O9B`R,#$T+"!T:&4@0V]M<&%N>2!S971T
M;&5D(&-E<G1A:6X@<W1A=&4@86YD(&QO8V%L(&5X86UI;F%T:6]N<R!W:&EC
M:"!F=7)T:&5R(&1E8W)E87-E9"!T:&4@<F5S97)V92X\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I
M;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34))
M03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(%5+(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^9F]R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@=&%X('EE87)S(#(P
M,#4@=&AR;W5G:"`R,#$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y/;B!*
M86YU87)Y(#(T+"`R,#$T+"!T:&4@0V]M<&%N>2!P<F]V:61E9"!A;B!I;F1E
M<&5N9&5N="!R97!O<G0@=&\@2$T@4F5V96YU92`F86UP.R!#=7-T;VUS("@F
M(S@R,C`[2$U20R8C.#(R,3LI+B!/;B!!<')I;"`X+"`R,#$T+"!(35)#(')E
M<W!O;F1E9"!W:71H(&-O;6UE;G1S+B!/;B!*=6YE(#(L(#(P,30L('1H92!#
M;VUP86YY(')E<W!O;F1E9"!T;R!(35)#)B,X,C$W.W,@;&5T=&5R(&1A=&5D
M($%P<FEL(#@L(#(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX@07,@;V8@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/BP@;F\@<F5S<&]N<V4@:&%S(&)E96X@<F5C
M96EV960@9G)O;2!(35)#(&%N9"!T:&5R92!H87,@8F5E;B!N;R!R97-O;'5T
M:6]N+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^1'5R:6YG(#(P
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M<F5L871E9"!T;R!T:&4@,C`P."!T87@@>65A<BX@/"]F;VYT/CQF;VYT('-T
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@0V]M<&%N>28C.#(Q-SMS(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^3D],(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:7,@87!P<F]X:6UA=&5L>2`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XS
M+C(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!B:6QL:6]N/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#Y4:&4@3D],('=I;&P@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YE>'!I<F4@8F5T=V5E;B!T87@@>65A<G,@,C`R.2!T:')O=6=H(#(P
M,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+B!!<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^('1H92!#;VUP86YY(&AA<R!A;B!A;'1E<FYA=&EV92!M:6YI
M;75M('1A>"!C<F5D:70@8V%R<GEF;W)W87)D(&]F("0R,B!M:6QL:6]N+"!W
M:&EC:"!D;V5S(&YO="!E>'!I<F4N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-
M"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV
M,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H
M965T,C$N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D
M+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970]
M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T
M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@
M8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T
M('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@
M*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S
M<STS1')E<&]R="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N
M9SY"=7-I;F5S<R!396=M96YT<SQB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0G5S
M:6YE<W,@4V5G;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ
M,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[;6%R9VEN+6QE9G0Z,'!T
M.R<@/DYO=&4@,3(Z($)U<VEN97-S(%-E9VUE;G1S/"]F;VYT/CPO<#X\<"!S
M='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM
M8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA
M<F=I;BUL969T.C!P=#LG(#Y!<R!D969I;F5D(&)Y('-E9VUE;G0@<F5P;W)T
M:6YG+"!A;B!O<&5R871I;F<@<V5G;65N="!I<R!A(&-O;7!O;F5N="!O9B!A
M(&-O;7!A;GD@*&DI)B,Q-C`[=&AA="!E;F=A9V5S(&EN(&)U<VEN97-S(&%C
M=&EV:71I97,@9G)O;2!W:&EC:"!I="!E87)N<R!R979E;G5E(&%N9"!I;F-U
M<G,@97AP96YS97,L("AI:2DF(S$V,#MW:&]S92!O<&5R871I;F<@<F5S=6QT
M<R!A<F4@<F5G=6QA<FQY(')E=FEE=V5D(&)Y('1H92!#:&EE9B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/D]P97)A=&EN9R!$96-I<VEO;B!-86ME<B!T;R!A
M<W-E<W,@=&AE('!E<F9O<FUA;F-E(&]F('1H92!S96=M96YT(&%N9"!T;R!M
M86ME(&1E8VES:6]N<R!A8F]U="!T:&4@86QL;V-A=&EO;B!O9B!R97-O=7)C
M97,@=&\@=&AE('-E9VUE;G0@86YD+"`H:6EI*28C,38P.V9O<B!W:&EC:"!D
M:7-C<F5T92!F:6YA;F-I86P@:6YF;W)M871I;VX@:7,@879A:6QA8FQE+B`\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
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M.C$P<'0[)R`^,2D@52Y3+B!P=6)L:6,@9FEN86YC92!I;G-U<F%N8V4[(#(I
M(&EN=&5R;F%T:6]N86P@86YD('-T<G5C='5R960@9FEN86YC92!I;G-U<F%N
M8V4[(#,I(&-O<G!O<F%T93L@-"D@861V:7-O<GD@<V5R=FEC97,[(&%N9"`U
M*2!C;VYD=6ET+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^5&AE($-O;7!A;GDF(S@R,3<[<R!5+E,N('!U8FQI8R!F
M:6YA;F-E(&EN<W5R86YC92!B=7-I;F5S<R!I<R!O<&5R871E9"!T:')O=6=H
M($YA=&EO;F%L+"!I=',@:6YT97)N871I;VYA;"!A;F0@<W1R=6-T=7)E9"!F
M:6YA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN8V4@:6YS=7)A;F-E(&)U<VEN
M97-S(&ES(&]P97)A=&5D('1H<F]U9V@@34))02!#;W)P+B!A;F0@:71S(&%D
M=FES;W)Y('-E<G9I8V5S(&)U<VEN97-S(&ES('!R:6UA<FEL>2!O<&5R871E
M9"!T:')O=6=H($-U='=A=&5R+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1U
M<FEN9R`R,#$T+"!T:&4@0V]M<&%N>2!D:7-S;VQV960@:71S(&-O;F1U:70@
M<V5G;65N="!B>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5X=&EN9W5I<VAI
M;F<@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:&4@<F5M86EN:6YG(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;&EA8FEL:71I97,@;V8@=&AE('-E9VUE;G0@
M86YD(&QI<75I9&%T:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F<@=&AE($-O
M;7!A;GDF(S@R,3<[<R!R96UA:6YI;F<@8V]N9'5I="P@364\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G)I9&EA;B!&=6YD:6YG($-O;7!A;GDL($Q,0R`H)B,X
M,C(P.TUE<FED:6%N)B,X,C(Q.RDN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M26X@861D:71I;VXL(&EN('1H92!F;W5R=&@@<75A<G1E<B!O9B`R,#$T+"`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92!#;VUP86YY(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^96YT97)E9"!I;G1O(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86X@86=R965M96YT('1O('-E;&P@0W5T=V%T97(@=&\@82!S=6)S:61I
M87)Y(&]F(%1H92!"86YK(&]F($YE=R!9;W)K($UE;&QO;B!#;W)P;W)A=&EO
M;BX@5&AI<R!T<F%N<V%C=&EO;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G<\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S(&5F9F5C=&EV92!O;B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/DIA;G5A<GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`Q+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O
M='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GD@<F5G=6QA<FQY(&5V86QU871E
M<R!I=',@8G5S:6YE<W,@<V5G;65N="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G)E<&]R=&EN9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('1O(&5N<W5R92!I
M="!R969L96-T<R!M86YA9V5M96YT)B,X,C$W.W,@<&5R<W!E8W1I=F4@86YD
M('!R;W9I9&5S(&1I<V-R971E(&9I;F%N8VEA;"!I;F9O<FUA=&EO;B!O;B!W
M:&EC:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('1O(&%S<V5S<R!S96=M96YT
M('!E<F9O<FUA;F-E+B!$=7)I;F<@,C`Q-"P@=&AE($-O;7!A;GD@8V]N=&EN
M=65D('1O(')E86QI>F4@:71S(&)U<VEN97-S('-T<F%T96=Y+"!W:&EC:"!I
M;F-L=61E9"!T:&4@;&EQ=6ED871I;VX@;V8@:71S(&-O;F1U:70@86YD(&%D
M=FES;W)Y('-E<G9I8V5S(&)U<VEN97-S97,@86YD(')E/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YA;&EG;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YG('1H
M92!M86YA9V5M96YT(&]F(&ET<R!A<W-E="]L:6%B:6QI='D@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YP<F]D=6-T<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&%N9"!C;W)P;W)A=&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA8W1I=FET
M:65S+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D5F9F5C=&EV92!I;B!T:&4@
M9F]U<G1H('%U87)T97(@;V8@,C`Q-"P@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YT:&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!#;VUP86YY)B,X,C$W.W,@
M<')E=FEO=7-L>2!R97!O<G1E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S
M<V5T+VQI86)I;&ET>2!P<F]D=6-T<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G-E9VUE;G0@86YD(&ET<R!C;W)P;W)A=&4@<V5G;65N="!A<F4@;6%N86=E
M9"!A;F0@<F5P;W)T960@87,@82!S:6YG;&4@;W!E<F%T:6YG('-E9VUE;G0@
M<F5F97)R960@=&\@87,@=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8V]R
M<&]R871E('-E9VUE;G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!S:6YC92`Q
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M;F%N8VEA;"!R97-O=7)C97,[(&%N9"`T*2!T:&4@0V]M<&%N>2!E=F%L=6%T
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0VAI968@3W!E<F%T:6YG($1E
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M:7IE.C$P<'0[)R`^=&\@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<'(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEO<B!P97)I;V0@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YA;6]U;G1S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M=VET:&EN('1H92!C;W)P;W)A=&4@<V5G;65N="!R97-U;'1S(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:&%V92!B965N(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^<F5T<F]S<&5C=&EV96QY(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5V
M:7-E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1O(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^<F5F;&5C="!T:&4@8VAA;F=E<R!I;B!T:&4@/"]F;VYT/CQF
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M<'0[)R`^;F\@:6UP86-T(&\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!T;W1A;"`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F-O;G-O;&ED871E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E=F5N
M=65S+"!E>'!E;G-E<RP@87-S971S+"!L:6%B:6QI=&EE<RP@<VAA<F5H;VQD
M97)S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,3<[(&5Q=6ET>2P@;W!E
M<F%T:6YG(&-A<V@@9FQO=W,L(&EN=F5S=&EN9R!C87-H(&9L;W=S+"!O<B!F
M:6YA;F-I;F<@8V%S:"!F;&]W<R!F;W(@86QL('!E<FEO9',@<')E<V5N=&5D
M+B`@(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
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M=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>28C
M.#(Q-SMS(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^52Y3+B!P=6)L:6,@9FEN
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=6)L:6,@
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M)R`^=6YI8VEP86P@8F]N9',L(&EN8VQU9&EN9R!T87@M97AE;7!T(&%N9"!T
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M:7IE.C$P<'0[)R`^:65S(&%N9"!O8FQI9V%T:6]N<R!I<W-U960@8GD@<')I
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M86X[9F]N="US:7IE.C$P<'0[)R`^<B!T87)I9F9S(')E;&%T960@=&\@=&AE
M('5S92!O9B!T:&5S92!P<F]J96-T<RP@;&5A<V4@<&%Y;65N=',@;W(@;W1H
M97(@<VEM:6QA<B!T>7!E<R!O9B!R979E;G5E('-T<F5A;7,N(#PO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU
M<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG
M(#Y);G1E<FYA=&EO;F%L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL
M93II=&%L:6,[)R`^86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL
M93II=&%L:6,[)R`^4W1R=6-T=7)E9"!&:6YA;F-E/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG(#X@26YS=7)A;F-E(#PO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[
M;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M:6,@9FEN86YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"!G;&]B86P@
M<W1R=6-T=7)E9"!F:6YA;F-E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS
M=7)E9"!O8FQI9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^871I;VYS('=H96X@
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M)R`^+BP@86YD(&EF($U"24$@26YC+B!W97)E('1O(&AA=F4@:6YS=69F:6-I
M96YT(&%S<V5T<R!T;R!P87D@86UO=6YT<R!D=64@=7!O;B!M871U<FET>2!O
M<B!T97)M:6YA=&EO;BP@34))02!#;W)P+B!W;W5L9"!M86ME('-U8V@@<&%Y
M;65N=',N($U"24$@0V]R<"X@86QS;R!I;G-U<F5S(&1E8G0@;V)L:6=A=&EO
M;G,@;V8@=&AE(&9O;&QO=VEN9R!A9F9I;&EA=&5S.CPO9F]N=#X\+W`^/'5L
M/CQL:2!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM
M87)G:6XM8F]T=&]M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^34))02!);G9E<W1M96YT($UA;F%G96UE;G0@0V]R<#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+B`H)B,X,C(P.TE-0R8C.#(R,3LI.R!A
M;F0\+V9O;G0^/"]L:3X\;&D@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^3&%#<F]S<V4@1FEN86YC:6%L(%!R;V1U8W1S+"!,3$,L(&$@=VAO;&QY
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F5N
M8WD@;W(@<&%Y;65N="!D969A=6QT(&]F('1H92!F:6YA;F-I86P@9W5A<F%N
M=&]R(&]R('1H92!#1%,@:7-S=65R+B`\+V9O;G0^/"]L:3X\+W5L/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F]N/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XM52Y3+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G!U8FQI8R!F:6YA;F-E(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F=L
M;V)A;"!S=')U8W1U<F5D(&9I;F%N8V4L(&EN8VQU9&EN9R!A<W-E="UB86-K
M960\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!O8FQI9V%T:6]N<RX@34))02!#
M;W)P+B!H87,@:6YS=7)E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-O=F5R
M96EG;BUR96QA=&5D(&%N9"!S=6(M<V]V97)E:6=N(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8F]N9',L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=71I;&ET
M:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/BP@<')I=F%T96QY(&ES<W5E9"!B;VYD<R!U<V5D(&9O<B`\+V9O;G0^
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M)R`^:6YC;'5D92!T;VQL(')O861S+"!B<FED9V5S+"!A:7)P;W)T<RP@/"]F
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M86YT:6%L('!U8FQI8R!P=7)P;W-E+B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D=L;V)A;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-T<G5C='5R960@9FEN
M86YC92!A;F0@87-S970\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BUB86-K960@
M;V)L:6=A=&EO;G,@='EP:6-A;&QY(&%R92!S96-U<FET:65S(')E<&%Y86)L
M92!F<F]M(&5X<&5C=&5D(&-A<V@@9FQO=W,@9V5N97)A=&5D(&)Y(&$@<W!E
M8VEF:65D('!O;VP@;V8@87-S971S+"!S=6-H(&%S(')E<VED96YT:6%L(&%N
M9"!C;VUM97)C:6%L(&UO<G1G86=E<RP@:6YS=7)A;F-E('!O;&EC:65S+"!C
M;VYS=6UE<B!L;V%N<RP@8V]R<&]R871E(&QO86YS(&%N9"!B;VYD<RP@=')A
M9&4@86YD(&5X<&]R="!R96-E:79A8FP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F5S+"!A;F0@;&5A<V5S(&9O<B!E<75I<&UE;G0L(&%I<F-R869T(&%N9"!R
M96%L(&5S=&%T92!P<F]P97)T>2X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y4
M:&4@0V]M<&%N>2!I<R!N;R!L;VYG97(@:6YS=7)I;F<@;F5W(&-R961I="!D
M97)I=F%T:79E(&-O;G1R86-T<R!E>&-E<'0@9F]R('1R86YS86-T:6]N<R!R
M96QA=&5D('1O('1H92!R961U8W1I;VX@;V8@97AI<W1I;F<@9&5R:79A=&EV
M92!E>'!O<W5R92X@34))02!#;W)P+B!H87,@;F]T('=R:71T96X@86YY(&UE
M86YI;F=F=6P@83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6]U;G0@;V8@8G5S
M:6YE<W,@<VEN8V4@,C`P."X\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE
M.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^0V]R<&]R871E/"]F;VYT/CPO
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!A<W-E
M="!A;F0@9&5B="!M86YA9V5M96YT+B!'96YE<F%L('-U<'!O<G0@<V5R=FEC
M97,@87)E('!R;W9I9&5D(&)Y('1H92!#;VUP86YY)B,X,C$W.W,@<V5R=FEC
M92!C;VUP86YY+"!-0DE!(%-E<G9I8V5S($-O<G!O<F%T:6]N("@F(S@R,C`[
M34))02!397)V:6-E<R8C.#(R,3LI+"!F;W)M97)L>2!/<'1I;G5I='D@06QL
M:6%N8V4@4F5S;W5R8V5S($-O<G!O<F%T:6]N+CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^($U"24$@4V5R=FEC97,@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5B="!M86YA9V5M
M96YT(&EN8VQU9&5S(&%C=&EV:71I97,@<F5L871E9"!T;R!S97)V:6-I;F<@
M;V)L:6=A=&EO;G,@:7-S=65D(&)Y($U"24$@26YC+B!A;F0@:71S('-U8G-I
M9&EA<FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5S+"!)34,@86YD($=&3#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+B!-0DE!($EN8RX@:7-S=65D(&1E8G0@
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M="US:7IE.C$P<'0[)R`^;&]A;B!O<FEG:6YA=&EO;BP@97-C<F]W(&%N9"!D
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<GEI;F<@;6%T=7)I=&EE<RP@=VAI
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!F=6YD960@;&EA8FEL:71I
M97,L('!R;W9I9&4@9F]R(&]P<&]R='5N:71I97,@:6X@:6YV97-T;65N=',@
M86YD('!R;W9I9&4@9V5N97)A;"!L:7%U:61I='D@<W5P<&]R="!T;R!-0DE!
M($EN8RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G
M:6XM;&5F=#HP<'0[)R`^061V:7-O<GD@4V5R=FEC97,\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I
M;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!A9'9I<V]R>2!S97)V:6-E<R!S96=M
M96YT('!R:6UA<FEL>2!C;VYS:7-T<R!O9B!T:&4@;W!E<F%T:6]N<R!O9B!#
M=71W871E<B!);G9E<W1O<B!397)V:6-E<R!#;W)P+B`H)B,X,C(P.T-U='=A
M=&5R+4E30R8C.#(R,3LI(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-U
M='=A=&5R($%S<V5T($UA;F%G96UE;G0@0V]R<"X@*"8C.#(R,#M#=71W871E
M<BU!34,F(S@R,C$[*3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!I<R!A
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M)R`^26X@3V-T;V)E<B!O9B`R,#$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C0L
M('1H92!#;VUP86YY(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96YT97)E9"!I
M;G1O(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86X@86=R965M96YT('1O('-E
M;&P@0W5T=V%T97(@=&\@82!S=6)S:61I87)Y(&]F(%1H92!"86YK(&]F($YE
M=R!9;W)K($UE;&QO;B!#;W)P;W)A=&EO;BX@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y%9F9E8W1I=F4@=VET:"!T:&4@2F%N=6%R>2`Q+"`R,#$U('-A;&4@
M;V8@0W5T=V%T97(L($U"24$@:&%S(&YO(&)U<VEN97-S(&%C=&EV:71I97,@
M=VET:&EN(&ET<R!A9'9I<V]R>2!S97)V:6-E<R!S96=M96YT+CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z
M:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y#;VYD=6ET/"]F;VYT/CPO<#X\
M<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G
M:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
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M<'0[)R`^26X@,C`Q-"P@=&AE($-O;7!A;GD@97AT:6YG=6ES:&5D('1H92!R
M96UA:6YI;F<@;&EA8FEL:71I97,@;V8@=&AI<R!S96=M96YT(&%N9"!L:7%U
M:61A=&5D(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^365R:61I86X\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L
M9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^#0H\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
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M=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/CH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE('-T
M>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P
M=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(Q(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#(U+C(U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,C4N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y996%R($5N9&5D($1E8V5M8F5R(#,Q+"`R,#$T/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^52Y3
M+B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU-"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<FYA=&EO;F%L(#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-30N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4T+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^4'5B;&EC(#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/F%N9"!3=')U8W1U<F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y&:6YA;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1FEN
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%D=FES
M;W)Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E/"]F
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M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T93PO9F]N=#X\+W1D/CQT
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M(S`P,#`P,#LG(#Y397)V:6-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5L:6UI;F%T:6]N<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y#;VYS;VQI9&%T960\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y2979E
M;G5E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#,W,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B`Q.#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`V,38\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@8VAA;F=E(&EN(&9A
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VQO<CHC,#`P,#`P.R<@/FEN<W5R960@9&5R:79A=&EV97,\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#4X/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T-3D\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L
M(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
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M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ,31P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q
M-'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#YF;W)E
M:6=N(&5X8VAA;F=E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C8\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@-34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,RD\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M<CHC,#`P,#`P.R<@/B`W.#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L
M<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;G9E
M<W1M96YT(&QO<W-E<R!R96QA=&5D(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,31P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^=&\@;W1H97(M=&AA;BUT96UP
M;W)A<GD@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$Q-'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#YI;7!A:7)M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q-2D\
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M;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,34I/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,31P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^97AT:6YG=6ES:&UE;G0@
M;V8@9&5B=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@;F5T(')E86QI>F5D
M(&=A:6YS("AL;W-S97,I(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$T/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M;&]R.B,P,#`P,#`[)R`^(#(X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5V96YU
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@,3`U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@X
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.B,P,#`P,#`[)R`^(#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$P,3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/DEN=&5R+7-E9VUE;G0@<F5V96YU97,\+V9O;G0^/'-U<#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,#`P,#`[)R`^(#0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-34\+V9O;G0^
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M,#`P,#`P.R<@/B`T-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$V-BD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@<F5V96YU97,\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T
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M<CHC,#`P,#`P.R<@/B`X,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q-#@\+V9O;G0^/"]T9#X\=&0@<W1Y
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R,SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,\+V9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`H,38V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q
M+#(W,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<R!A;F0@;&]S<R!A9&IU
M<W1M96YT(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q,"D\+V9O;G0^/"]T9#X\=&0@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`Q-#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
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M,#`P,#`[)R`^(#$S,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D]P97)A=&EN9SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^(#,X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-S(\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`X-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#0R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,C,Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3`Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3`Q/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(Q,#PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/D5X<&5N<V5S(&]F(&-O;G-O;&ED871E9"!6245S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0W/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T-SPO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/DEN=&5R+7-E9VUE;G0@97AP96YS97,\+V9O
M;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N
M=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#<X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$W,BD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@97AP96YS97,\
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M;VQO<CHC,#`P,#`P.R<@/B`Q,#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T,S4\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R,#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#D\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H,3<R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`V,CD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-O;64@*&QO<W,I
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S,S<\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`S.#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M,#`P,#`P.R<@/B`H-34I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#(U*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@V*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C0Q/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A
M>&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3$U/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,3,T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$W,RD\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`H-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`W,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO
M<W,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@,C(R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C4P/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3$X/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@*#$Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^("@V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@-38Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^261E;G1I
M9FEA8FQE(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-2PX.#<\+V9O;G0^/"]T9#X\
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M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#$P+#`X-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB
M;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@,BPX-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#<Y,SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@*#,L,S(X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F
M;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,38L,C@T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O
M<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-2!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,2D@+2!297!R97-E;G1S('1H92!S=6T@;V8@=&AI
M<F0M<&%R='D@9FEN86YC:6%L(&=U87)A;G1E92!N970@<')E;6EU;7,@96%R
M;F5D+"!N970@:6YV97-T;65N="!I;F-O;64L(&EN<W5R86YC92UR96QA=&5D
M(&9E97,@86YD(')E:6UB=7)S96UE;G1S+"!I;G9E<W1M96YT(&UA;F%G96UE
M;G0@9F5E<R!A;F0@;W1H97(@9F5E<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U
M-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4U-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,BD@+2!297!R97-E;G1S(&EN=&5R8V]M<&%N>2!P<F5M:75M(&EN8V]M
M92!A;F0@97AP96YS92P@:6YT97)C;VUP86YY(&%S<V5T(&UA;F%G96UE;G0@
M9F5E<R!A;F0@97AP96YS97,L(&EN=&5R8V]M<&%N>2!I;G1E<F5S="!I;F-O
M;64@86YD(&5X<&5N<V4@<&5R=&%I;FEN9R!T;R!I;G1E<F-O;7!A;GD\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-2!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("`@("`@(')E8V5I=F%B;&5S(&%N9"!P
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M,#`P,#`P.R<@/B@S*2`M($-O;G-I<W1S(&]F(&EN=&5R8V]M<&%N>2!R96EN
M<W5R86YC92!B86QA;F-E<RP@<F5P=7)C:&%S92!A9W)E96UE;G1S(&%N9"!D
M969E<G)E9"!I;F-O;64@=&%X97,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE
M/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R($5N9&5D($1E8V5M8F5R
M(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-30N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4T+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^52Y3+B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E
M<FYA=&EO;F%L(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C9P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4'5B
M;&EC(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%N9"!3=')U8W1U<F5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&:6YA;F-E/"]F;VYT
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M.V-O;&]R.B,P,#`P,#`[)R`^1FEN86YC93PO9F]N=#X\+W1D/CQT9"!S='EL
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M=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D%D=FES;W)Y/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^
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M.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`[)R`^26YS=7)A;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y397)V:6-E<SPO9F]N
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VYD=6ET/"]F;VYT/CPO=&0^/'1D('-T
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D5L:6UI;F%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VYS;VQI9&%T960\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y2979E;G5E<SPO9F]N=#X\<W5P/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0R-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q-#@\
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-34\
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,38\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`V-#0\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/FEN<W5R960@
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@,C(Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
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M,#`P,#`P.R<@/B`R,S(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@
M*&QO<W-E<RD@;VX@9FEN86YC:6%L(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,31P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^:6YS=')U;65N=',@870@9F%I
M<B!V86QU92!A;F0@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$Q-'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#YF;W)E:6=N(&5X8VAA;F=E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$U/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8Y/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^97AT:6YG
M=6ES:&UE;G0@;V8@9&5B=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#,X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,RD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/
M=&AE<B!N970@<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@*#(Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@R.2D\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y2979E;G5E<R!O9B!C;VYS;VQI9&%T960@5DE%<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R,S<\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H,30I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$P/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`R,S,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<BUS96=M96YT(')E=F5N
M=65S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Y,#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.B,P,#`P,#`[)R`^(#<X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.#4\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Y*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("@R-S`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
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M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L
M(')E=F5N=65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3$X/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-S$V/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,38S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@-#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VQO<CHC,#`P,#`P.R<@/B`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#(S,BD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,2PR,#D\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y,;W-S97,@86YD(&QO<W,@861J=7-T;65N="`\+V9O;G0^/"]T9#X\=&0@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`Q,#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3$W/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3W!E<F%T:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C8\+V9O;G0^
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M,#`P,#`P.R<@/B`Q,#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q-3<\+V9O;G0^/"]T9#X\=&0@
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`U,SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,X-#PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/DEN=&5R97-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#$Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#$R-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
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M,#`P,#`P.R<@/B`R,S8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%>'!E;G-E<R!O
M9B!C;VYS;VQI9&%T960@5DE%<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
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M,#`P,#`P.R<@/B`U,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@-38\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E
M<BUS96=M96YT(&5X<&5N<V5S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`Y-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$S-CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`W/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C8\
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M;VQO<CHC,#`P,#`P.R<@/B`H,C<R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y4;W1A;"!E>'!E;G-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(V-SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#0Q.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(X.#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#8P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,C<R*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`W.3,\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);F-O;64@*&QO<W,I(&)E9F]R92!I;F-O;64@=&%X97,\
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M,#`P,#`P.R<@/B`R-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R.3@\+V9O;G0^/"]T9#X\=&0@
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3(U*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M,#`P,#`P.R<@/B`H,S$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@-#$V/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4')O=FES
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,#$\+V9O;G0^
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M,#`P,#`P.R<@/B`H,34I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#4I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@*#$P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$S/"]F;VYT/CPO=&0^
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$V-CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,38Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@,3DW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$Q,"D\+V9O;G0^/"]T9#X\=&0@
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3(I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M*#(Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^(#(W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#(U,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DED96YT:69I86)L92!A<W-E
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
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M;&]R.B,P,#`P,#`[)R`^(#8L,#4V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,2PV.#<\+V9O
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#(L-C0Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B`T-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3<W/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,RPV-3(I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CQS=7`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^/"]S=7`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q
M-BPY-3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^7U]?7U]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
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M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
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M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
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M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<')E<V5N=',@=&AE('-U;2!O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@R*2`M(%)E<')E<V5N=',@:6YT97)C;VUP86YY('!R96UI=6T@
M:6YC;VUE(&%N9"!E>'!E;G-E+"!I;G1E<F-O;7!A;GD@87-S970@;6%N86=E
M;65N="!F965S(&%N9"!E>'!E;G-E<RP@:6YT97)C;VUP86YY(&EN=&5R97-T
M(&EN8V]M92P@97AP96YS97,@<&5R=&%I;FEN9R!T;R!I;G1E<F-O;7!A;GD\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-2!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("`@("`@(')E8V5I=F%B;&5S(&%N
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M<CHC,#`P,#`P.R<@/B@S*2`M(%)E<')E<V5N=',@=&AE(&=A:6X@;VX@=&AE
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M-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#0I("T@0V]N<VES=',@;V8@:6YT97)C
M;VUP86YY(')E:6YS=7)A;F-E(&)A;&%N8V5S+"!R97!U<F-H87-E(&%G<F5E
M;65N=',@86YD(&1E9F5R<F5D(&EN8V]M92!T87AE<RX\+V9O;G0^/"]T9#X\
M+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M
M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,C$@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,C4N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87(@16YD
M960@1&5C96UB97(@,S$L(#(P,3(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5+E,N(#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/DEN=&5R;F%T:6]N86P@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
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M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y0=6)L:6,@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^86YD(%-T
M<G5C='5R960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
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M<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9I
M;F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&:6YA;F-E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^061V:7-O<GD\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
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M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL
M:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F%N8V4\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F%N8V4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M,#`P,#`[)R`^0V]R<&]R871E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-E
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O;F1U:70\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.V-O;&]R.B,P,#`P,#`[)R`^16QI;6EN871I;VYS/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O
M;G-O;&ED871E9#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E=F5N=65S/"]F;VYT/CQS
M=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S
M=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M-30X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#(T,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`V.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#@X,#PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/DYE="!C:&%N9V4@:6X@9F%I<B!V86QU92!O9CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ,31P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^:6YS=7)E9"!D97)I=F%T:79E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$\+V9O
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M<CHC,#`P,#`P.R<@/B`Q+#0V,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,2PT-C0\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,31P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^:6YS
M=')U;65N=',@870@9F%I<B!V86QU92!A;F0@/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#YF;W)E:6=N(&5X8VAA
M;F=E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.3,\
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M,#`P,#`P.R<@/B`H,34X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
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M,#`P,#`[)R`^(#4U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&EN=F5S=&UE
M;G0@;&]S<V5S(')E;&%T960@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-'!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#YT;R!O=&AE<BUT:&%N+71E;7!O<F%R
M>2`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/FEM<&%I<FUE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^("@T-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H-C`I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q,#4I/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^3W1H97(@;F5T(')E86QI>F5D(&=A:6YS("AL;W-S97,I(#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`W/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^4F5V96YU97,@;V8@8V]N<V]L:61A=&5D(%9)17,\+V9O
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M<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-S$\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,S0\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<BUS96=M96YT(')E=F5N=65S/"]F
M;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O
M;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q-C@\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0W+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`T-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$W-SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#,T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#(I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M*#0R,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P-BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@<F5V
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M;VQO<CHC,#`P,#`P.R<@/B`X,S@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q+#@W,3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M<CHC,#`P,#`P.R<@/B`V,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@T,C(I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#(L-#,U/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R
M,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M3&]S<V5S(&%N9"!L;W-S(&%D:G5S=&UE;G0@/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`R.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3`\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,C0\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`Q-#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,30\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M.V-O;&]R.B,P,#`P,#`[)R`^(#0S,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN
M=&5R97-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$S
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.B,P,#`P,#`[)R`^(#$U,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R.#0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%>'!E;G-E<R!O9B!C
M;VYS;VQI9&%T960@5DE%<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`U.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M;&]R.B,P,#`P,#`[)R`^(#<R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97(M
M<V5G;65N="!E>'!E;G-E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,3(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C`X/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#DW
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@*#0U-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CPO='(^
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M;&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P@97AP96YS97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R-CD\
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M;VQO<CHC,#`P,#`P.R<@/B`U-S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R.#$\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`U.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#$Q,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@T-3<I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#@S-SPO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/DEN8V]M92`H;&]S<RD@8F5F;W)E(&EN8V]M92!T87AE
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#4V.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$L,CDV/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#(T."D\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M<CHC,#`P,#`P.R<@/B`H-#DI/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,S4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@,2PU.3@\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0
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M<CHC,#`P,#`P.R<@/B`Q.#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T,S(\
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M;VQO<CHC,#`P,#`P.R<@/B`H,3<Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^("@Q-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H-3DI/"]F
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#,V-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,S@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.#8T/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#8Y*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@T
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("@S,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B`Y-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B`Q+#(S-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L
M<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DED96YT:69I
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8L.#@W/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
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M.B,P,#`P,#`[)R`^(#(L-S(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P
M+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-CDT/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`H-2PX-S`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O
M;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R,2PW,C0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT
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M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
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M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
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M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
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M/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
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M="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<')E<V5N=',@
M=&AE('-U;2!O9B!T:&ER9"UP87)T>2!F:6YA;F-I86P@9W5A<F%N=&5E(&YE
M="!P<F5M:75M<R!E87)N960L(&YE="!I;G9E<W1M96YT(&EN8V]M92P@:6YS
M=7)A;F-E+7)E;&%T960@9F5E<R!A;F0@<F5I;6)U<G-E;65N=',L(&EN=F5S
M=&UE;G0@;6%N86=E;65N="!F965S(&%N9"`\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4U-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4U-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@("`@("`@(&]T:&5R(&9E97,N/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,C4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-30N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(I("T@4F5P<F5S96YT<R!I;G1E<F-O;7!A;GD@<')E;6EU;2!I;F-O
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M<CHC,#`P,#`P.R<@/B`@("`@("`@:6YT97)C;VUP86YY(')E8V5I=F%B;&5S
M(&%N9"!P87EA8FQE<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U
M-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD@+2!#
M;VYS:7-T<R!O9B!I;G1E<F-O;7!A;GD@<F5I;G-U<F%N8V4@8F%L86YC97,L
M(')E<'5R8VAA<V4@86=R965M96YT<R!A;F0@;&]A;G,N/"]F;VYT/CPO=&0^
M/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;B`\+V9O;G0^
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M<'0[)R`^9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&4\+V9O
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M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VD\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M(#YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9V5N/"]F;VYT/CQF;VYT('-T>6QE
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M="US:7IE.C$P<'0[)R`^=VD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:60\+V9O;G0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^53PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^4RX\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9R`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%B;#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^92!S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;7,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YF/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YN86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FEA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YL(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9W4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N9"!I;CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^/&9O;G0@<W1Y
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/GD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5O9SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87!H/"]F;VYT
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F@\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YY96%R<R!E;F1E
M9#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/CH\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'1A8FQE
M('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z
M,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M(S`P,#`P,#LG(#Y996%R<R!%;F1E9"!$96-E;6)E<B`S,2P\+V9O;G0^/"]T
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M+7=I9'1H.C(R,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M-C,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!P<F5M:75M<R!E
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M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
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M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YI=&5D
M(%-T871E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,CDY/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,Y,3PO9F]N=#X\
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B`U,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E5N:71E9"!+:6YG9&]M/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,T/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/B`S-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^175R;W!E("AE
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M8V]L;W(Z(S`P,#`P,#LG(#X@,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$U/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<FYA=&EO;F%L;'D@9&EV97)S:69I960\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-2XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4N-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/B`Q-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V5N=')A;"!A
M;F0@4V]U=&@@06UE<FEC83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(U+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`S-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#@\+V9O;G0^/"]T9#X\
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,3,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D%S:6$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C4N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`T/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B`T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`U/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C$S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C$S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y/=&AE<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$R/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M;VQO<CHC,#`P,#`P.R<@/B`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y4;W1A;"`@(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(U+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`T,38\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B`T.30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B`V-C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3,N-S5P
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A
M8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT
M+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T
M7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,C(N:'1M;`T*0V]N=&5N
M="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N
M="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M
M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M
M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C
M<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@
M1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^
M#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$
M,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L
M<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY);G-U<F%N8V4@:6X@1F]R
M8V4\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@
M8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L
M(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^26YS=7)A;F-E(&EN($9O<F-E(%M!8G-T<F%C=%T\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E($EN
M($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
M<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7=E:6=H=#IB;VQD.VUA<F=I;BUL969T.C!P=#LG(#Y.;W1E
M(#$S.B!);G-U<F%N8V4@:6X@1F]R8V4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O
M;G0M=V5I9VAT.F)O;&0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M<'0[)R`^;6]R=&=A9V4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!!0E,\+V9O
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M9F]N="US:7IE.C$P<'0[)R`^=7)E9"!O8FQI9V%T:6]N(&ES(')E<')E<V5N
M=&5D(&)Y('1H92!I;G-U<F%N8V4@:6X@9F]R8V4@:6X@=&AE('1A8FQE<R!T
M:&%T(&9O;&QO=RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I
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M0DE!($-O<G`N(&%R92!T97)M:6YA8FQE(&)A<V5D('5P;VX@=&AE(&-R961I
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@
M8W)E9&ET=V]R=&AI;F5S<R!O9B!E86-H(&EN<W5R960@;V)L:6=A=&EO;B!I
M<R!E=F%L=6%T960@<')I;W(@=&\@=&AE(&ES<W5A;F-E(&]F(&EN<W5R86YC
M92P@86YD(&5A8V@@:6YS=7)E9"!O8FQI9V%T:6]N(&UU<W0@8V]M<&QY('=I
M=&@@3F%T:6]N86PF(S@R,3<[<R!O<B!-0DE!($-O<G`N)B,X,C$W.W,@=6YD
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M,3<[<R!O<B!-0DE!($-O<G`N)B,X,C$W.W,@=7!O;B!T:&4@<&%Y;65N="!O
M9B!A(&-L86EM(&)Y(&5I=&AE<B!.871I;VYA;"!O<B!-0DE!($-O<G`N/"]F
M;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
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M="US:7IE.C$P<'0[)R`^;V)L:6=A=&EO;B!C;VYS:61E<F5D(&9O<B!I;G-U
M<F%N8V4N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM
M87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O9B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^+"!I;G-U<F%N8V4@:6X@9F]R8V4L('=H:6-H
M(')E<')E<V5N=',@<')I;F-I<&%L(&%N9"!I;G1E<F5S="!O<B!O=&AE<B!A
M;6]U;G1S(&]W:6YG(&]N(&EN<W5R960@;V)L:6=A=&EO;G,L(&AA9"!A;B!E
M>'!E8W1E9"!M871U<FET>2!R86YG92!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G1O(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-#,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!Y96%R<RX@5&AE(&1I<W1R:6)U=&EO;B!O9B!-0DE!
M($-O<G`N)B,X,C$W.W,@86YD($YA=&EO;F%L)B,X,C$W.W,@8V]M8FEN960@
M:6YS=7)A;F-E(&EN(&9O<F-E(&)Y(&=E;V=R87!H:6,@;&]C871I;VXL(&5X
M8VQU9&EN9R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR+C8\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F)I;&QI;VX@
M86YD("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C,N-3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&)I;&QI;VX@<F5L871I;F<@=&\@=')A;G-A8W1I;VYS(&=U
M87)A;G1E960@8GD@34))02!#;W)P/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN
M(&]N(&)E:&%L9B!O9B!V87)I;W5S(&EN=F5S=&UE;G0@;6%N86=E;65N="!S
M97)V:6-E<R!A9F9I;&EA=&5D(&-O;7!A;FEE<R!A<R!O9B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#D@<F]W<W!A
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S(&]F($1E8V5M8F5R(#,Q
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M,#`P,#`P.R<@/B0@:6X@8FEL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ,#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C$N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3`R<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,C!P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^)2!O9CPO9F]N
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M,3(N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^)2!O9CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@R+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,C!P
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M;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N=#X\+W1D/CQT9"!S='EL
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N=#X\
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N=#X\+W1D
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC
M93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@R+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@8V]L
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y'96]G<F%P:&EC
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M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M:6X@1F]R8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
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M;W(Z(S`P,#`P,#LG(#YI;B!&;W)C93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M<CHC,#`P,#`P.R<@/FEN($9O<F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X@1F]R8V4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
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M+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M0V%L:69O<FYI83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,RXX/"]F;VYT/CPO=&0^/'1D
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-BXY)3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^.#@N-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,38N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ,S)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.97<@66]R:SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CDN.#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BXX)3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,X+C$\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8N.24\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S)P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3,R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4N-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-2XX)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Y+C8\+V9O
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C4N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S)P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y&;&]R:61A/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR-"XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
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M8V]L;W(Z(S`P,#`P,#LG(#XU+C4E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,CDN,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-2XS)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1E>&%S/"]F;VYT/CPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,2XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+C@E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C@N,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2XP)3PO9F]N=#X\+W1D/CQT
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE
M=R!*97)S97D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V+C@\+V9O
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,"XR/"]F;VYT
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
M+C8E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^36EC:&EG86X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$R+C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
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M;VQO<CHC,#`P,#`P.R<@/C(N."4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;W(Z(S`P,#`P,#LG(#XR+C@E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3,R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4'5E<G1O(%)I8V\\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P+C$\+V9O;G0^/"]T9#X\=&0@
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N,R4\+V9O;G0^
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,"XY/"]F;VYT/CPO=&0^/'1D('-T
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C`E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^4&5N;G-Y;'9A;FEA/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(N,24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,2XX
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+C$E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,R
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5V%S:&EN9W1O;CPO9F]N=#X\+W1D/CQT
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C$E/"]F;VYT/CPO
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$N-3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXQ)3PO
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,S$N.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3,N,"4\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#,N,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3$N,24\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S)P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3,R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS."XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
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M8V]L;W(Z(S`P,#`P,#LG(#XX+CDE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-3,N-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.2XW)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C@R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C@R+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$S,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R('-T871E<SPO
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(S+C8\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#)P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,34U
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M,#`P,#`P.R<@/C(X+C$E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@56YI=&5D(%-T871E<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SDT+C,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDP+C$E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#DR+C<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@X+CDE/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^26YT97)N871I;VYA;&QY(&1I=F5R<VEF:65D/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR+C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C`N-B4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR,2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BXX
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR+C,E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V]U;G1R>2!S<&5C:69I8SPO9F]N=#X\+W1D
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#`N-SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2XS)3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0X+C@\+V9O;G0^/"]T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@N
M."4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,C!P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y4;W1A;"!N;VXM56YI=&5D(%-T871E<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#,N-3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/CDN.24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C$N-CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q+C$E/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C@R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$S,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XT,S<N.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P,"XP)3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU-30N,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P,"XP)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C@R+C5P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN
M+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^5&AE(&EN<W5R86YC92!I;B!F;W)C92!B>2!T
M>7!E(&]F(&)O;F0L(&5X8VQU9&EN9R!T<F%N<V%C=&EO;G,@9W5A<F%N=&5E
M9"!B>2!-0DE!($-O<G`N(&]N(&)E:&%L9B!O9B!V87)I;W5S(&EN=F5S=&UE
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M,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y!<R!O9B!$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M8VL[;6EN+7=I9'1H.C(T.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^)"!I;B!B:6QL:6]N<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$P,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$P,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(Q+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#)P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[8F]R9&5R
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/B4@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B4@;V8\+V9O;G0^/"]T9#X\=&0@
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M<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M<CHC,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(T.7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0F]N9"!T>7!E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
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M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^:6X@1F]R8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
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M8V]L;W(Z(S`P,#`P,#LG(#YI;B!&;W)C93PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q
M+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/FEN($9O<F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X@1F]R8V4\+V9O;G0^
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M/3-$,2!S='EL93TS1'=I9'1H.C(T.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(T.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^1VQO8F%L('!U8FQI8R!F:6YA;F-E/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M<VEZ93H@,3!P=#L@8V]L;W(Z(",P,#`P,#`[
M)R`^)B,Q.3`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E5N:71E9"!3=&%T97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
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M86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
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M.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D=E;F5R86P@;V)L:6=A=&EO
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,C(N.#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C@N,"4\+V9O;G0^
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$U,RXU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-RXW)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA
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M<CHC,#`P,#`P.R<@/D=E;F5R86P@;V)L:6=A=&EO;CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[(&-O;&]R.B`C,#`P,#`P.R<@/B8C
M,3DP.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YL96%S
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C<N.3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BXT)3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,T+C$\+V9O;G0^/"]T9#X\
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8N,B4\+V9O
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-=6YI8VEP86P@=71I;&ET:65S/"]F
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV,"XU/"]F;VYT/CPO=&0^/'1D
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,RXX)3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<X+C`\+V9O;G0^/"]T9#X\=&0@
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T+C$E/"]F;VYT
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&%X+6)A8VME9#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-3,N-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(N,B4\+V9O;G0^/"]T9#X\=&0@
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M;W(Z(S`P,#`P,#LG(#XV-BXQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,2XY)3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG
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M,#`P,#`P.R<@/E1R86YS<&]R=&%T:6]N/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS."XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
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M8V]L;W(Z(S`P,#`P,#LG(#XX+C@E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-#8N,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^."XS)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/DAI9VAE<B!E9'5C871I;VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M,#`P,#`P.R<@/C0N-24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT+C,E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C1P
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M,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^2&5A;'1H
M(&-A<F4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@N-#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2XY
M)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDN-3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2XW)3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR
M:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DUI;&ET87)Y(&AO=7-I;F<\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X+C0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0N,B4\+V9O;G0^
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.2XR/"]F;VYT/CPO=&0^/'1D('-T
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+C4E/"]F;VYT/CPO
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;W(M;W=N960@=71I;&ET:65S/"]F
M;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q*3PO
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BXQ/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+C0E
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-RXR/"]F;VYT/CPO=&0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+C,E/"]F
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^375N:6-I<&%L(&AO=7-I;F<\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,N-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XX)3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0N.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XY)3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X
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M;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BXT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C8E/"]F;VYT/CPO=&0^
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RXP/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C4E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(T<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(T<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@
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M;W(Z(S`P,#`P,#LG(#Y4;W1A;"!5;FET960@4W1A=&5S/"]F;VYT/CPO=&0^
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M8V]L;W(Z(S`P,#`P,#LG(#XS-C$N-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#(N-B4\+V9O;G0^/"]T9#X\
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M8V]L;W(Z(S`P,#`P,#LG(#XT-#4N-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#`N-"4\+V9O;G0^/"]T9#X\
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M(S`P,#`P,#LG(#Y';&]B86P@<'5B;&EC(&9I;F%N8V4\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="US:7IE.B`Q,'!T.R!C;VQO<CH@(S`P,#`P,#LG(#XF
M(S$Y,#L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^;F]N
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)N871I;VYA
M;"!U=&EL:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S+C0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-2XY/"]F
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR
M,C)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3;W9E<F5I9VXM<F5L871E9"!A;F0@
M<W5B+7-O=F5R96EG;CPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`H,RD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M<CHC,#`P,#`P.R<@/C,N-24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M(S`P,#`P,#LG(#XS+C$E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HR,C)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4<F%N<W!O<G1A=&EO
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2XW/"]F;VYT/CPO=&0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C(E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(N,CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXR)3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C(R,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^3&]C86P@9V]V97)N;65N=',\+V9O;G0^/'-U<#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#0I/"]F;VYT/CPO<W5P/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N,24\+V9O;G0^/"]T9#X\
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M8V]L;W(Z(S`P,#`P,#LG(#XP+C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N,24\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E1A>"UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C`N,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,"XP)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C`N,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,"XP)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!N;VXM56YI=&5D(%-T871E<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SDN,3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^."XY)3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0V+C`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@N,R4\+V9O;G0^/"]T
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M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@9VQO8F%L('!U8FQI8R!F:6YA
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,#`N-SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3$N
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.3$N-SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#@N
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M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
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M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR
M:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-#EP=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C0Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y';&]B86P@<W1R=6-T=7)E9"!F:6YA;F-E.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
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M;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
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M;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;&QA=&5R86QI>F5D
M(&1E8G0@;V)L:6=A=&EO;G,\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@*#4I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ-"XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
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M8V]L;W(Z(S`P,#`P,#LG(#XS+C0E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,S$N-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-2XW)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^.2XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C,E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3(N-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BXR)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;W(Z(S`P,#`P,#LG(#XQ+C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M(S`P,#`P,#LG(#XQ+C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M=#MC;VQO<CHC,#`P,#`P.R<@/C`N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C1P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C1P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(S-2XU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(S-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#;VYS=6UE<B!A<W-E="UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M,#`P,#`P.R<@/C$N.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,"XT)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(N.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,"XU)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C,U+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C,U+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D-O<G!O<F%T92!A<W-E="UB86-K960\+V9O;G0^/'-U<#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#8I/"]F;VYT/CPO<W5P/CPO=&0^/'1D
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M;W(Z(S`P,#`P,#LG(#XY+C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N,24\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ-"XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C8E/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!G;&]B
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;W(Z(S`P,#`P,#LG(#XX+C4E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-C(N-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,3$N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-#,W+C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#`N,"4\+V9O;G0^/"]T9#X\=&0@
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-34T+C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#`N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M8VL[;6EN+7=I9'1H.C0Y,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M($EN8VQU9&5S(&EN
M=F5S=&]R(&]W;F5D('5T:6QI=&EE<RP@:6YD=7-T<FEA;"!D979E;&]P;65N
M="!A;F0@<&]L;'5T:6]N(&-O;G1R;VP@<F5V96YU92!B;VYD<RX\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$U(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-#DR<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Y,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@T
M*2`M($EN8VQU9&5S(&UU;FEC:7!A;"!O=VYE9"!E;G1I=&EE<R!B86-K960@
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M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*2`M($EN8VQU
M9&5S('1R86YS86-T:6]N<R`H<F5P<F5S96YT960@8GD@<W1R=6-T=7)E9"!P
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M86-K.VUI;BUW:61T:#HT-S@N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P
M,#`P,#LG(#YC:&%R86-T97)I<W1I8W,L('-U8V@@87,@=')A;F-H960@8W)E
M9&ET(')I<VLL(&-A<V@@9FQO=R!W871E<F9A;&QS+"!O<B!I;G1E<F5S="!A
M;F0@;W9E<BUC;VQL871E<F%L:7IA=&EO;B!C;W9E<F%G92!T97-T<RX\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-#DR<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Y,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M-BD@+2!);F-L=61E<R`D-2XS(&)I;&QI;VX@86YD("0U+C4@8FEL;&EO;B!O
M9B!S=')U8W1U<F5D(&EN<W5R86YC92!S96-U<FET:7IA=&EO;G,@87,@;V8@
M1&5C96UB97(@,S$L(#(P,30@86YD(#(P,3,L(')E<W!E8W1I=F5L>2X\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I
M=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM
M87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&=E
M;F5R86QL>2!G=6%R86YT965S('1H92!T:6UE;'D@<&%Y;65N="!O9B!P<FEN
M8VEP86P@86YD(&EN=&5R97-T(')E;&%T960@=&\@=&AE<V4@9&5R:79A=&EV
M97,@=7!O;B!T:&4@;V-C=7)R96YC92!O9B!A(&-R961I="!E=F5N="!W:71H
M(')E<W!E8W0@=&\@82!R93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9F5R96YC
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M="US:7IE.C$P<'0[)R`^,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('1O(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^-C@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M.C$P<'0[)R`^8V]N=')A8W1S(&AA=F4@;&]N9RUD871E9"!M871U<FET:65S
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M9F]N="US:7IE.C$P<'0[)R`^86ER('9A;'5E<R!O9B!T:&5S92!G=6%R86YT
M965S(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
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M:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%R92!R
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M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:6QL:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XQ+C(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!B:6QL:6]N+#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(')E<W!E8W1I=F5L>2X\+V9O;G0^/"]P
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA
M<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN=F5S=&UE;G0@86=R965M96YT(&-O
M;G1R86-T<R!A;F0@351.<R!I<W-U960@8GD@=&AE($-O;7!A;GDF(S@R,3<[
M<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-O<G!O<F%T92`\+V9O;G0^/&9O
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M=',@=&\@<&%Y(&%M;W5N=',@9'5E+"!-0DE!($-O<G`N('=O=6QD(&UA:V4@
M<W5C:"!P87EM96YT<R!U;F1E<B!I=',@:6YS=7)A;F-E('!O;&EC:65S+B!!
M<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@;6%X:6UU;2!A;6]U;G0@
M;V8@9G5T=7)E('!A>6UE;G1S('1H870@34))02!#;W)P+B!C;W5L9"!B92!R
M97%U:7)E9"!T;R!M86ME('5N9&5R('1H97-E(&=U87)A;G1E97,@:7,@)#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^,BXV/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@8FEL;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6]N+B!4:&5S92!G=6%R
M86YT965S+"!W:&EC:"!H879E(&$@;6%X:6UU;2!M871U<FET>2!R86YG92!O
M9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=&\@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR-SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<G,L('=E
M<F4@96YT97)E9"!I;G1O(&]N(&%N(&%R;28C.#(Q-SMS(&QE;F=T:"!B87-I
M<RX@34))02!#;W)P+B!H87,@8F]T:"!D:7)E8W0@<F5C;W5R<V4@<')O=FES
M:6]N<R!A;F0@<W5B<F]G871I;VX@<FEG:'1S(&EN('1H97-E('0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G)A;G-A8W1I;VYS+B!)9B!-0DE!($-O<G`N(&ES
M(')E<75I<F5D('1O(&UA:V4@82!P87EM96YT('5N9&5R(&%N>2!O9B!T:&5S
M92!A9F9I;&EA=&4@9W5A<F%N=&5E<RP@:70@=V]U;&0@:&%V92!T:&4@<FEG
M:'0@=&\@<V5E:R!R96EM8G5R<V5M96YT(&9R;VT@<W5C:"!A9F9I;&EA=&4@
M86YD('1O(&QI<75I9&%T92!A;GD@8V]L;&%T97)A;"!T;R!R96-O=F5R(&%M
M;W5N=',@<&%I9"!U;F1E<B!T:&4@9W5A<F%N=&5E+CPO9F]N=#X\+W`^/"]D
M:78^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L
M:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/E)E:6YS=7)E9"!%>'!O<W5R93PO9F]N
M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT
M+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
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M="US:7IE.C$P<'0[)R`^;6]R92!O9B!T:&4@<F%T:6YG(&%G96YC:65S+"!L
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8W5M<W1A;F-E<RP@:6YC;'5D:6YG
M(&$@<F5I;G-U<F5R)B,X,C$W.W,@<F%T:6YG(&1O=VYG<F%D92!B96QO=R!S
M<&5C:69I960@=&AR97-H;VQD<RX@07,@;V8@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^34))02!R97%U:7)E<R!C
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M9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T
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M:7IE.C$P<'0[)R`^,S0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M:&4@9G5T=7)E+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE
M(&%G9W)E9V%T92!A;6]U;G0@;V8@:6YS=7)A;F-E(&EN(&9O<F-E(&-E9&5D
M(&)Y($U"24$@=&\@<F5I;G-U<F5R<R!W87,@)#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^,3$N,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8FEL;&EO;B!A;F0@)#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,3(N-SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8FEL;&EO;B!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N
M9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/BP@<F5S<&5C=&EV96QY+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^07,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@=&AE(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^86=G<F5G871E(&%M;W5N="!O9B!I;G-U<F5D
M('!A<B!O=71S=&%N9&EN9R!C961E9"!B>2!-0DE!('1O(')E:6YS=7)E<G,@
M=6YD97(@<F5I;G-U<F%N8V4@86=R965M96YT<R!W87,@)#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^-BXQ/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@8FEL;&EO
M;B!C;VUP87)E9"!W:71H("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C<N,3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M8FEL;&EO;B!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R
M(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!4:&4@9F]L;&]W
M:6YG('1A8FQE('!R97-E;G1S(&EN9F]R;6%T:6]N(&%B;W4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G0@=&AE($-O;7!A;GDF(S@R,3<[<R!R96EN<W5R86YC
M92!A9W)E96UE;G1S(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C
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M<R!5+E,N('!U8FQI8R!F:6YA;F-E(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FEN=&5R;F%T:6]N86P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,3(P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CDP<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3@N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q."XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4W1A;F1A<F0@)F%M
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M3&5T=&5R<R!O9B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3(P<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(P<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!O;W(F(S,Y.W,@
M4F%T:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q."XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^36]O9'DF(S,Y.W,@4F%T:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0V5D960@4&%R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C4V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0W)E9&ET+R!4
M<G5S=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HV,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E:6YS=7)A;F-E/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R,'!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^4F5I;G-U<F5R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/BA3=&%T=7,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q."XU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,3@N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^*%-T871U<RD\+V9O;G0^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#Y/=71S=&%N9&EN9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-BXR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D%C8V]U;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E<F%B;&4\
M+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$X+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q."XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<W5R960@
M1W5A<F%N='D@4F4@3'1D+CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%!/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$Q."XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^0F%A,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,RPV,S0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,C!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`@(#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M03PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3@N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$X+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D$S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#(L,#$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-3(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*%-T86)L92!/=71L;V]K*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3@N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$X+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BA.96=A=&EV92!/=71L;V]K*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W9E<G-E87,@4')I=F%T93PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D%!*SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,3@N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3$X+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D%A83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(X.3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,C!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`@($EN=F5S=&UE;G0@0V]R<&]R871I
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH4W1A8FQE($]U=&QO;VLI/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$Q."XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*%-T86)L92!/=71L;V]K*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$R,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97)S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CDP<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^02T@;W(@86)O=F4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$X+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q."XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!,B!O
M<B!A8F]V93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$T-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,C!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8L,#@W/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#,T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`W/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,30@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4S-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y?7U]?7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0Q-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S-2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3,U+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-RXU<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@
M+2!4;W1A;"!R96EN<W5R86YC92!R96-O=F5R86)L92!I<R!P<FEM87)I;'D@
M<F5L871E9"!T;R!R96-O=F5R86)L97,@;VX@=6YP86ED(&QO<W-E<RX\+V9O
M;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M
M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW
M96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[
M)R`^4')E;6EU;2!3=6UM87)Y/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M
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M8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)O
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R
M<R!%;F1E9"!$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ,3`N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$P
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/C(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;6EN+7=I9'1H.C$Q,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^3F5T('!R96UI=6US(&5A<FYE9#H\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
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M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S`N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CPO=&0^/'1D
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/D1I<F5C=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,"XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#`W/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XT,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0X.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HY."XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^07-S=6UE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S`N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$S,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XT,#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV,3D\+V9O
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-E9&5D/"]F;VYT/CPO=&0^/'1D('-T
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M(S`P,#`P,#LG(#XH,3(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P+C<U<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,30I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y.970\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.3<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S`N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XT-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV,#4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3,U<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^960\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^('1O=&%L('-A;'9A9V4@<&%I9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F9O<B!F:6YA;F-I86P@9W5A<F%N=&5E('!O;&EC:65S('5N9&5R
M(')E:6YS=7)A;F-E(&-O;G1R86-T<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G=A<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^("0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1F]R
M('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87)S(&5N9&5D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E
M;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;6EL;&EO;B!A;F0@)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;6EL;&EO;BP@<F5S<&5C=&EV96QY+B!#961I;F<@8V]M
M;3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:7-S:6]N<R!F<F]M(')E:6YS=7)A
M;F-E+"!B969O<F4@9&5F97)R86QS(&%N9"!N970@;V8@<F5T=7)N960@8V5D
M:6YG(&-O;6UI<W-I;VYS+"!W97)E("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/C(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FUI;&QI;VXL("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(&%N9"`D/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!F;W(@
M=&AE('EE87)S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96YD960@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#XL(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C(P,3(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@<F5S<&5C=&EV96QY
M+CPO9F]N=#X\+W`^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM
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M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q
M=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R
M<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C
M/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO
M<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$
M<F5P;W)T(&ED/3-$240P14U%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DEN
M<W5R86YC92!296=U;&%T:6]N<R!A;F0@1&EV:61E;F1S/&)R/CPO<W1R;VYG
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/C$R
M($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC
M92!296=U;&%T:6]N<R!!;F0@1&EV:61E;F1S(%M!8G-T<F%C=%T\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E
M(%)E9W5L871I;VYS($%N9"!$:79I9&5N9',\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[;6%R
M9VEN+6QE9G0Z,'!T.R<@/DYO=&4@,30Z($EN<W5R86YC92!296=U;&%T:6]N
M<R!A;F0@1&EV:61E;F1S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H
M=#IB;VQD.R<@/B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M34))02`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DEN<W5R86YC92`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/D-O<G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M="US:7IE.C$P<'0[)R`^(%-T871E(&9I;F%N8VEA;"!G=6%R86YT964@:6YS
M=7)A;F-E(&QI8V5N<V4L(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^34))02!)
M;G-U<F%N8V4@0V]R<&]R871I;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A
M;F0@3F%T:6]N86P@87)E(')E<75I<F5D('1O(&UA:6YT86EN(&$@;6EN:6UU
M;2!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XV-3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&UI;&QI;VX@;V8@<&]L:6-Y:&]L9&5R<R8C.#(Q-SL@<W5R
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5&AE(&5X=&5N="!O9B!I;G-U<F%N
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M9F]N="US:7IE.C$P<'0[)R`^26YS=7)A;F-E(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^0V]R<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W)A=&EO;CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&%N9"!.871I;VYA;"!M87D@:6YS=7)E(&]N
M(&$@;F5T(&)A<VES(&)A<V5D(&]N('1H92!T>7!E(&]F(&]B;&EG871I;VYS
M(&EN<W5R960N($EN(&%D9&ET:6]N+"!S;VUE(&EN<W5R86YC92!L87=S(&%N
M9"!R96=U;&%T:6]N<R!R97%U:7)E('1H92!A<'!R;W9A;"!O<B!F:6QI;F<@
M;V8@<&]L:6-Y(&9O<FUS(&%N9"!R871E<RX@34))02`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/DEN<W5R86YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-O
M<G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^26YS=7)A;F-E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0V]R<#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;W)A=&EO;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"!.871I
M;VYA;"!A<F4@<W5B:F5C="!T;R!E>&%M:6YA=&EO;B!B>2`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G)E9W5L871O<GD@86=E;F-I97,@870@<F5G=6QA<B!I
M;G1E<G9A;',N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M:7IE.C$P<'0[)R`^,3`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4@;V8@<&]L
M:6-Y:&]L9&5R<R8C.#(Q-SL@<W5R<&QU<RP@87,@<CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^97!O<G1E9"!I;B!T:&4@;&%T97-T('-T871U=&]R>2!F:6YA
M;F-I86P@<W1A=&5M96YT<R!A;F0@*&(I)B,Q-C`[/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XQ,#`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B4@;V8@861J=7-T
M960@;F5T(&EN=F5S=&UE;G0@:6YC;VUE(&9O<B!S=6-H(#$R+6UO;G1H('!E
M<FEO9"`H=&AE(&YE="!I;G9E<W1M96YT(&EN8V]M92!F;W(@<W5C:"`Q,BUM
M;VYT:"!P97)I;V0@<&QU<R!T:&4@97AC97-S+"!I9B!A;GDL(&]F(&YE="!I
M;G9E<W1M96YT(&EN8V]M92!O=F5R(&1I=FED96YD<R`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F1E8VQA<F5D(&]R(&1I<W1R:6)U=&5D(&1U<FEN9R!T:&4@
M='=O+7EE87(@<&5R:6]D('!R96-E9&EN9R!S=6-H(#$R+6UO;G1H('!E<FEO
M9"DL('5N;&5S<R!T:&4@4W5P97)I;G1E;F1E;G0@;V8@=&AE($Y94T1&4R!A
M<'!R;W9E<R!A(&=R96%T97(@9&EV:61E;F0@9&ES=')I8G5T:6]N(&)A<V5D
M('5P;VX@82!F:6YD:6YG('1H870@=&AE(&EN<W5R97(@=VEL;"!R971A:6X@
M<W5F9FEC:65N="!S=7)P;'5S('1O('-U<'!O<G0@:71S(&]B;&EG870\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FEO;G,N/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y);B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/BP@34))02`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/DEN<W5R86YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-O<G`\+V9O
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
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M86X[9F]N="US:7IE.C$P<'0[)R`^:6X@<')I;W(@<&5R:6]D<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+"!A<R!D97-C<FEB960@8F5L;W<L($U"24$@/"]F
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M;2!T:&4@3EE31$93+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
M03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!A(&-O;F1I=&EO;B!T;R!T:&4@
M3EE31$93)B,X,C$W.R!A<'!R;W9A;"!O9B!T:&4@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YS:6UU;'1A;F5O=7,@<F5P=7)C:&%S92!A;F0@<F5V97)S92!R
M97!U<F-H87-E(&%G<F5E;65N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R`H
M)B,X,C(P.T%S<V5T(%-W87`F(S@R,C$[*2!B/"]F;VYT/CQF;VYT('-T>6QE
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M="US:7IE.C$P<'0[)R`^-3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)2!O<B!L
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,C(P/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!T;R!I=',@=6QT
M:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6%T92!P87)E;G0L($U"24$@26YC
M+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&EN('1H92!F;W5R=&@@<75A<G1E
M<B!O9B`R,#$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M('-I;F=L92!A;F0@86=G<F5G871E(')I<VL@;&EM:71S('5N9&5R('1H92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DY924PN)B,Q-C`[5&AE<V4@:6YS=7)E
M<G,@;V)T86EN960@=V%I=F5R<R!F<F]M('1H92!.65-$1E,@;V8@<W5C:"!L
M:6UI=',N)B,Q-C`[26X@8V]N;F5C=&EO;B!W:71H('1H92!W86EV97)S+"!T
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M:6X@34))02`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DEN<W5R86YC92`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D-O<G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M9F]N="US:7IE.C$P<'0[)R`^86YC92P@=&AE(&%D9&ET:6]N(&]F(&-A<&ET
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:71T96X@;F]T:6-E(&9R;VT@
M=&AE($Y94T1&4RP@34))02`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DEN<W5R
M86YC92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-O<G`\+V9O;G0^/&9O;G0@
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M<75I<F5M96YT<R!B>2!$96-E;6)E<B8C,38P.S,Q+"`R,#`Y+B!.871I;VYA
M;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-A;64@:6YT;R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F-O;7!L:6%N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC
M92!W:71H(&ET<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^86=G<F5G871E(')I<VL@;&EM:71S/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@:6X@,C`Q,2!A;F0@:&%S(&$@/"]F;VYT/CQF;VYT('-T
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M.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O9B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M9F]N="US:7IE.C$P<'0[)R`^:71S(&%G9W)E9V%T92!R:7-K(&QI;6ET<R!U
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M)R`^<')E=F5N="!-0DE!($EN<W5R86YC92!#;W)P;W)A=&EO;B!F<F]M('1R
M86YS86-T:6YG(&%N>2!N97<@9FEN86YC:6%L(&=U87)A;G1E92!I;G-U<F%N
M8V4@8G5S:6YE<W,@=6YT:6P@:70@;F\@;&]N9V5R(&5X8V5E9',@=&AE(&QI
M;6ET871I;VYS+B!$=7)I;F<@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$S
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL($U"24$@26YS=7)A;F-E($-O<G!O
M<F%T:6]N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97AC965D960\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!I=',@86=G<F5G871E(')I<VL@;&EM:71S+B!)
M;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
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M;F1I;F<@;VX@=&AE('1Y<&4@;V8@;V)L:6=A=&EO;B`H;F5T(&]F(&-O;&QA
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M<&QU<R!A;F0@8V]N=&EN9V5N8WD@<F5S97)V97,L(&%N9"`\+V9O;G0^/&9O
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M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y0
M<FEO<B!T;R!397!T96UB97(@,S`L(#(P,3(L($U"24$@0V]R<"X@<F5L96%S
M960@=&\@<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=7)P;'5S(&%N(&%G9W)E
M9V%T92!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE
M($Y924P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!D=7)I;F<@,C`Q,2!A;F0@
M,C`Q,BX@($%B<V5N="!T:&5S92!R96QE87-E<R!-0DE!($-O<G`N('=O=6QD
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M;F-Y(')E<V5R=F5S(&%S(&]F(%-E<'1E;6)E<B`S,"P@,C`Q/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN(%1H92!D
M969I8VET(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=V%S(&-A=7-E9"!B>2!T
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;7!A8W1E9"!B>2`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M9F]N="US:7IE.C$P<'0[)R`^3EE)3#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&ET('=A<R!N;W0@<&5R;6ET=&5D('1O('1R96$\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G0@87,@86X@861M:71T960@87-S970@=&AE('!O<G1I;VX@;V8@
M:71S(&EN=F5S=&UE;G0@:6X@<W5B<VED:6%R:65S(&EN(&5X8V5S<R!O9B!T
M:&4@9W)E871E<B!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C4P/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XE(&]F('!O;&EC>6AO;&1E<G,F(S@R,3<[('-U
M<G!L=7,@;W(@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XV,#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^)2!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<')E9F5R<F5D('-T;V-K/"]F;VYT
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&1E
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC<F5A<V4@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YI;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DU"24$\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!);G-U<F%N8V4@0V]R<&]R871I;VXF(S@R,3<[
M<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!O;&EC>6AO;&1E<G,F(S@R,3<[
M('-U<G!L=7,@9'5E('1O(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=7)E
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M<'0[)R`^26YS=7)A;F-E($-O<G!O<F%T:6]N)B,X,C$W.W,@<&]L:6-Y:&]L
M9&5R<R8C.#(Q-SL@<W5R<&QU<R!M87D@8F4@9G5R=&AE<B!N96=A=&EV96QY
M(&EM<&%C=&5D(&EF(&9U='5R92!A9&1I=&EO;F%L(&EN<W5R960@;&]S<V5S
M(&%R92!I;F-U<G)E9"!A;F0@=&AE('!E<F-E;G1A9V4@;V8@:71S(&%S<V5T
M<R!I;G9E<W1E9"!I;B!S=6)S:61I87)I97,@8V]N=&EN=65S('1O(&EN8W)E
M87-E+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^4CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^97-U;'1S(&]F(&]P97)A=&EO;G,@9F]R($U"24$@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y);G-U<F%N8V4@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#Y#;W(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F]R871I;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B!D971E<FUI;F5D(&EN(&%C8V]R9&%N8V4@=VET:"!S=&%T=71O<GD@86-C
M;W5N=&EN9R!P<F%C=&EC97,@9F]R('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/GEE87)S(&5N9&5D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!A;F0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B!W97)E(&YE="!L;W-S97,@;V8@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,S4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(&%N9"`D/"]F;VYT
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M<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]R>2!C87!I=&%L('=A<R`D/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#XX-3D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FT\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FEL;&EO;BP@8V]N<VES=&EN9R!O9CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^('!O;&EC>6AO;&1E<G,F(S@R,3<[('-U<G!L=7,@;V8@)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^-30R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M<F5S97)V92!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XS,3<\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+B!!<R!O9B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+"!-0DE!(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^26YS=7)A;F-E
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0V\\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G)P/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YO<F%T:6]N/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#X@:&%D('-T871U=&]R>2!C87!I=&%L(&]F("0\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/C@R-3PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:6QL:6]N+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^1F]R
M('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87)S(&5N9&5D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E
M;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@86YD("0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/C(U-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI
M;&QI;VXL(')E<W!E8W1I=F5L>2X@07,@;V8@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M871U=&]R>2!C87!I=&%L('=A<R`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M-SL@<W5R<&QU<R!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&)I;&QI
M;VXN($%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L
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M9F]N="US:7IE.C$P<'0[)R`^:&%D('-T871U=&]R>2!C87!I=&%L(&]F("0\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C,N,SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&)I;&QI;VXN/"]F;VYT/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H
M=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#
M.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H
M965T<R]3:&5E=#(T+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z
M('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C
M:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-
M151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT
M+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V
M87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#
M;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B
M;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%3$4^#0H@("`@("`\='(^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R
M/CQS=')O;F<^4&5N<VEO;B!A;F0@4')O9FET+2!3:&%R:6YG(%!L86YS/&)R
M/CPO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P
M86X],T0Q/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T
M/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/E!E;G-I;VX@06YD(%!R;V9I="!3:&%R:6YG(%!L86YS(%M!8G-T<F%C=%T\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&5N
M<VEO;B!!;F0@4')O9FET(%-H87)I;F<@4&QA;G,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE
M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/DYO=&4@,34Z(%!E;G-I;VX@86YD(%!R;V9I
M="!3:&%R:6YG(%!L86YS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H
M=#IB;VQD.R<@/B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH
M96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8F%S
M92!S86QA<GDL(&)O;G5S(&%N9"!C;VUM:7-S:6]N<RP@87,@87!P;&EC86)L
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!U<"!T;R!A(&UA>&EM=6T@;V8@
M)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,2XU/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@;6EL;&EO;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!096YS:6]N
M(&)E;F5F:71S('9E<W0@;W9E<B!A(&9I=F4M>65A<B!P97)I;V0@=VET:"`R
M,"4@=F5S=&5D(&%F=&5R('1W;R!Y96%R<RP@-C`E('9E<W1E9"!A9G1E<B!T
M:')E92!Y96%R<RP@.#`E('9E<W1E9"!A9G1E<B!F;W5R('EE87)S(&%N9"`Q
M,#`E('9E<W1E9"!A9G1E<B!F:79E('EE87)S+B!4/"]F;VYT/CQF;VYT('-T
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M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C
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M9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!W87,@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL/"]F;VYT/CQF;VYT('-T>6QE
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!R97-P96-T
M:79E;'D\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;G1E
M<FYA;"!2979E;G5E($-O9&4@;V8@,3DX-BP@87,@86UE;F1E9"X@16UP;&]Y
M965S(&UA>2!C;VYT<FEB=71E+"!T:')O=6=H('!A>7)O;&P@9&5D=6-T:6]N
M<RP@=7`@=&\@,C4E(&]F(&5L:6=I8FQE(&-O;7!E;G-A=&EO;BX@5&AE($-O
M;7!A;GD@;6%T8VAE<R!E;7!L;WEE92!C;VYT<FEB=71I;VYS('5P('1O('1H
M92!F:7)S="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C4\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B4@;V8@<W5C:"!C;VUP96YS871I;VXN(%1H92`T,#$H:RD@
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M+7EE87(@<&5R:6]D('=I=&@@,C`E('9E<W1E9"!A9G1E<B!T=V\@>65A<G,L
M(#8P)2!V97-T960@869T97(@=&AR964@>65A<G,L(#@P)2!V97-T960@868\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1E<B!F;W5R('EE87)S(&%N9"`Q,#`E
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M9FET('-H87)I;F<O-#`Q*&LI(&5X<&5N<V4@<F5L871E9"!T;R!T:&4@0V]M
M<&%N>28C.#(Q-SMS('%U86QI9FEE9"!P;&%N(&9O<B!T:&4@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YY96%R<R!E;F1E9#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT
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M)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!W87,\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XR/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;BP@)#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI
M;VXL(&%N9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XS/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@;6EL;&EO;BP@<F5S<&5C=&EV96QY+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R
M9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@861D:71I;VX@=&\@=&AE(&%B;W9E
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M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!W87,@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&UI;&QI;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!W87,@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&UI;&QI;VX@9F]R(&5A8V@@87!P;&EC86)L92!Y96%R
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN/"]F;VYT/CPO<#X\+V1I=CX\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@
M/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO
M;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E
M968T,V0O5V]R:W-H965T<R]3:&5E=#(U+FAT;6P-"D-O;G1E;G0M5')A;G-F
M97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@
M=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH
M96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N
M=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP
M93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!2
M96UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D
M>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%3$4^#0H@
M("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q
M(')O=W-P86X],T0R/CQS=')O;F<^3&]N9RUT97)M($EN8V5N=&EV92!0;&%N
M<SQB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C
M;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY,;VYG+51E<FT@26YC96YT:79E(%!L86YS(%M!8G-T<F%C=%T\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RU4
M97)M($EN8V5N=&EV92!0;&%N<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F
M=#HP<'0[)R`^3F]T92`Q-CH@3&]N9RUT97)M($EN8V5N=&EV92!0;&%N<SPO
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M87)G:6XM;&5F=#HP<'0[)R`^4&QA;B!$97-C<FEP=&EO;CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM
M87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>2!M86EN=&%I;G,@
M=&AE($U"24$@26YC+B`R,#`U($]M;FEB=7,@26YC96YT:79E(%!L86X@*'1H
M92`F(S@R,C`[3VUN:6)U<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(%!L86XF
M(S@R,C$[*2X@56YD97(@=&AE($]M;FEB=7,@4&QA;B!A(&UA>&EM=6T@;V8@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,"PP,#`L,#`P/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS:&%R97,@;V8@
M=&AE($-O;7!A;GDF(S@R,3<[<R!C;VUM;VX@<W1O8VL@8V%N(&)E('5S960@
M9F]R(&%N>2!T>7!E(&]F(&%W87)D(&EN8VQU9&EN9SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^('-T;V-K(&]P=&EO;G,L('!E<F9O<FUA;F-E('-H87)E<RP@
M<&5R9F]R;6%N8V4@=6YI=',L(')E<W1R:6-T960@<W1O8VLL(')E<W1R:6-T
M960@<W1O8VL@=6YI=',@86YD(&1I=FED93PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;F0@97%U:79A;&5N=',N($]N($UA>2`Q+"`R,#$R+"`\+V9O;G0^/&9O
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M9F]N="US:7IE.C$P<'0[)R`^97(@=&AE($]M;FEB=7,@4&QA;B!F<F]M(#$P
M+#`P,"PP,#`@<VAA<F5S('1O(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,30L
M,#`P+#`P,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!!/"]F;VYT/CQF;VYT
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M;W9E<F5D(&)Y('-U8V@@;W`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M869T97(@=&AE($UA>2`Q+"`R,#$R(&%M96YD;65N="!A;F0@/"]F;VYT/CQF
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M=65D('!R:6]R('1O('1H92!-87D@,2P@,C`Q,B!A;65N9&UE;G0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
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M(&5I=&AE<B!B92!);F-E;G1I=F4@4W1O8VL@3W!T:6]N<R`H)B,X,C(P.TE3
M3W,F(S@R,C$[*3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/FAA="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G%U86QI
M9GD@=6YD97(@4V5C=&EO;B8C,38P.S0R,BAA*2!O9B!T:&4@26YT97)N86P@
M4F5V96YU92!#;V1E+"!O<B!.;VXM475A;&EF:65D(%-T;V-K($]P=&EO;G,@
M*"8C.#(R,#M.45-/<R8C.#(R,3LI+B!)4T]S(&%N9"!.45-/<R!A<F4@9W)A
M;G1E9"!A="!A('!R:6-E(&YO="!L97-S('1H86X@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XQ,#`E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F9O=7(\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B!O<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M)R`^(&]R(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&5N/"]F;VYT/CQF;VYT
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M=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M="US:7IE.C$P<'0[)R`^=&AR964\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!T
M;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5M<&QO>65E<RXF(S$V,#L\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
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M('`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&5R92!W
M97)E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^-BPP-38L,38X/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS:&%R97,@
M879A:6QA8FQE(&9O<B!F=71U<F4@9W)A;G1S('5N9&5R('1H92!/;6YI8G5S
M(%!L86X@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S
M,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I
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M:69I960@87,@97%U:71Y(&%W87)D<R!A;F0@8VAA;F=E<R!I;B`\+V9O;G0^
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M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('-T;V-K(&]P=&EO;G,@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5S=')I8W1E
M9"!S:&%R92!G<F%N=',N(%1H93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%C
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M<'0[)R`^960@:6X@86-C;W)D86YC92!W:71H('1H92!O<FEG:6YA;"`\+V9O
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M86X[9F]N="US:7IE.C$P<'0[)R`^(')E;&%T:6YG('1O('1H:7,@<F5T:7)E
M;65N="!B96YE9FET(&9O<B!B;W1H('-T;V-K(&]P=&EO;B!A=V%R9',@86YD
M(')E<W1R:6-T960@<W1O8VL@87=A<F1S(&AA<R!B965N(&EN8VQU9&5D(&EN
M('1H92!C;VUP96YS871I;VX@97AP96YS92!A;6]U;G1S+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[
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M<'0[)R`^=F%L=64@;V8@=&AE(')E<W1R:6-T960@<VAA<F5S(&%W87)D960L
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M.C$P<'0[)R`^-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(&%N
M9"!T:&4@9F%I<B!V86QU92!O9B!T:&4@<F5S=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<FEC=&5D('-H87)E<R!C86YC96QE9"!W97)E("0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/C$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;&QI;VX@96%C:"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F9O<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M8F5E;B!I;F-L=61E9"!I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M:7IE.C$P<'0[)R`^97-T:6UA=&5D(&9O<F9E:71U<F5S+"!W87,@)#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^,S4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M
M:6QL:6]N(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('=E
M:6=H=&5D(&%V97)A9V4@<&5R:6]D(&]F(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,2XX,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('EE87)S+B!5;F5A<FYE
M9"!C;VUP96YS871I;VX@:7,@86UO<G1I>F5D('1O(&5X<&5N<V4@;W9E<B!T
M:&4@87!P<F]P<FEA=&4@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT:')E93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^('1O(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^9FEV93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+7EE87(@=F5S=&EN9R!P
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M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y#;VUP96YS871I;VX@97AP96YS92!R96QA=&5D('1O('1H92!R
M97-T<FEC=&5D('-H87)E<RP@;F5T(&]F(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^97-T:6UA=&5D(&9O<F9E:71U<F5S+"!W87,@)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,3@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+"`D
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&UI;&QI;VX@86YD("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C$Q/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;B!F;W(@=&AE(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^>65A<G,@96YD960\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M<W!E8W1I=F5L>2X@5&AE('1A>"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F)E
M;F5F:70@<F5L871E9"!T;R!T:&4@<F5S=')I8W1E9"!S:&%R92!A=V%R9',@
M9'5R:6YG(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M+"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@;6EL;&EO;B!A;F0@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VXL(')E<W!E8W1I=F5L>2X@
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.CEP=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y!('-U;6UA<GD@;V8@
M=&AE($-O;7!A;GDF(S@R,3<[<R!R97-T<FEC=&5D('-H87)E<R!O=71S=&%N
M9&EN9R!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q
M+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^97,@9'5R:6YG
M('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87)S(&5N9&5D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@;VX@=&AO<V4@9&%T97,L(&ES('!R97-E;G1E
M9"!I;B!T:&4@9F]L;&]W:6YG('1A8FQE.CPO9F]N=#X\+W`^/"]D:78^/&1I
M=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R
M9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HP+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#,N,C5P=#MT97AT
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M0FQA8VL[;6EN+7=I9'1H.C,X,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S=')I8W1E9"!3:&%R92!!
M8W1I=FET>3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HP+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#,N
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M='EL93TS1'=I9'1H.C$Q-W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-W!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-W!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$Q-W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HP+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DYU;6)E<B!O9B!3:&%R97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU."XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3@N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^5V5I9VAT960@079E<F%G92!0<FEC92!097(@4VAA<F4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.=6UB97(@
M;V8@4VAA<F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.2XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3@N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4X+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D
M($%V97)A9V4@4')I8V4@4&5R(%-H87)E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R(&]F(%-H87)E<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4X+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU."XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y796EG:'1E9"!!=F5R86=E(%!R
M:6-E(%!E<B!3:&%R93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HP+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-#,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30S+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=71S=&%N9&EN9R!A
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+#@S,BPQ,34\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-RXV-#,X
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C<L,S(P+#$Q,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`V+C@P,3<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PX.#$L-S@R/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#8N-#$S-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HP+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#,N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30S+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F%N=&5D/"]F;VYT/CPO=&0^
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L,C8S+#0W
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BXP,C@T/"]F;VYT/CPO=&0^/'1D
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0T.2PY,S$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3,N,#<T,3PO9F]N=#X\+W1D/CQT9"!S='EL
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8X.2PU-#(\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-RXY,CDY/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HP+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$T,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-#,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E9E<W1E
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-C$S+#8T,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2XY-C8Q/"]F
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY+C@T,#@\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<P
M+#4T.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,38N-SDP.3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HP+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,"XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#,N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,30S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&;W)F96ET960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R,RPQ,C`I/"]F;VYT/CPO=&0^
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M;VQO<CHC,#`P,#`P.R<@/C$P+C(Y-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(L.38X+#4S,"D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2XV-S(T/"]F;VYT/CPO=&0^/'1D
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.#`L-C8U
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY+C(X-C`\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,"XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C`N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30S+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$T,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3W5T<W1A;F1I;F<@870@96YD(&]F('EE87(\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8L,S4X
M+#@R-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$P+C`P-#<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L.#,R+#$Q-3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#<N-C0S.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-RPS,C`L,3$P/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@-BXX,#$W/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&%N9"!C;VYT86EN(&)O=&@@<V5R=FEC92!A;F0@
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M;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T
M.R<@/D5M<&QO>65E('-T;V-K(&]P=&EO;B!C;VUP96YS871I;VX@97AP96YS
M92P@;F5T(&]F(&5S=&EM871E9"!F;W)F96ET=7)E<RP@9F]R('1H92!Y96%R
M(&5N9&5D($1E8V5M8F5R(#,Q+"`R,#$T('=A<R!I;6UA=&5R:6%L+B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/D5M<&QO>65E('-T;V-K(&]P=&EO;B!C;VUP
M96YS871I;VX@97AP96YS92P@;F5T(&]F(&5S=&EM871E9"!F;W)F96ET=7)E
M<RP@9F]R('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/GEE87)S(&5N9&5D
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XR,#$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL
M(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M86X[9F]N="US:7IE.C$P<'0[)R`^,CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&UI;&QI;VX@86YD("0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N+"!R97-P96-T:79E;'DN($1U<FEN
M9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M+7-I>F4Z,3!P=#LG(#XL(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F\\+V9O
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BP\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!T:&4@0V]M
M<&%N>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5X<&5N<V5D(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9&5F97)R960@=&%X(&%S<V5T/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YS/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;V8@)#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI
M;&QI;VXL(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^-3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@)#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BP@<F5S<&5C=&EV96QY+"!R96QA=&5D('1O('1H92`\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('1O=&%L('5N<F5C;V=N:7IE9"!C
M;VUP96YS871I;VX@8V]S="!R96QA=&5D('1O(&YO;BUV97-T960@<W1O8VL@
M;W!T:6]N<RX\+V9O;G0^/"]P/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.CEP
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y!('-U;6UA<GD@;V8@=&AE($-O;7!A;GDF(S@R,3<[<R!S=&]C
M:R!O<'1I;VYS(&]U='-T86YD:6YG(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3(\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/BP@86YD(&-H86YG97,@9'5R:6YG('1H92`\
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M;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y796EG:'1E9#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3(N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5V5I
M9VAT960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D/"]F;VYT/CPO=&0^/"]T
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M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%V97)A9V4\+V9O
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%V97)A9V4\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYU;6)E<B!O9CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E!R:6-E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R(&]F/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C0W+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')I8V4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.=6UB97(@;V8\
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<FEC93PO9F]N=#X\+W1D
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]P=&EO;G,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VAA
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4&5R(%-H87)E
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4VAA<F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^4&5R(%-H87)E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N
M-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VAA<F5S/"]F;VYT/CPO=&0^/'1D('-T
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M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4&5R(%-H87)E/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V
M,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D]U='-T86YD:6YG(&%T(&)E9VEN;FEN9R!O
M9B!Y96%R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPW,34L-#`V/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C`N-C@X,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4L.38S
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$Y+C`T.#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XV+#0R-2PP-S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,2XS,S,P/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D5X97)C:7-E9#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@T,#`L,#`P*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XT+C`R,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^17AP:7)E9"!O<B!F;W)F96ET
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-S8W+#0P-BD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C$N-3@Q-3PO9F]N=#X\+W1D
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R+#(T-RPX-C(I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
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M;VQO<CHC,#`P,#`P.R<@/C$V+C,S.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M(S`P,#`P,#LG(#XH-#8Q+#@P-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-3`N.#,S,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y/=71S=&%N9&EN9R!A="!E;F0@;V8@>65A<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#4T."PP,#`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPW,34L
M-#`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,"XV.#@S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C4L.38S+#(V.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DN,#0X
M-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ+#<Y."PP,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S+C0V-C`\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B
M;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PW-3(L,S$Q/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS."XU,3(P
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-S4Q+#$W,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B
M;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-#4N,#$W-#PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV
M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[
M;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE(&9O;&QO=VEN9R!T86)L92!S
M=6UM87)I>F5S(&EN9F]R;6%T:6]N(&%B;W5T(&]U='-T86YD:6YG('-T;V-K
M(&]P=&EO;G,@87,@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/CH\+V9O;G0^/"]P
M/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#D@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,C`N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(P+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-T
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M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,C`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4W1O8VL@3W!T:6]N<R!%>&5R8VES86)L93PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@
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M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5V5I9VAT960\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@
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M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5V5I9VAT960\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!=F5R86=E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E
M:6=H=&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M."XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%G9W)E9V%T93PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%V97)A9V4\
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5V5I
M9VAT960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06=G<F5G871E/"]F;VYT/CPO
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296UA:6YI
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1R:6YS:6,\+V9O;G0^
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296UA:6YI
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1R:6YS:6,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<S+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E)A;F=E(&]F($%V97)A9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R(&]F/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O;G1R
M86-T=6%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D5X97)C:7-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M3G5M8F5R(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-O;G1R86-T=6%L/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X97)C:7-E/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<S+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%>&5R8VES92!0<FEC93PO
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y/<'1I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DQI9F4@:6X@665A<G,\+V9O;G0^/"]T9#X\
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')I8V4\+V9O
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M.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^*&EN(&UI;&QI;VYS*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]P
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M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3&EF92!I;B!996%R<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<FEC93PO9F]N=#X\+W1D
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M;W(Z(S`P,#`P,#LG(#XH:6X@;6EL;&EO;G,I/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<S+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD-"XP,B`M("0U-RXW,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C(L,C@W+#4P,#PO9F]N=#X\+W1D/CQT9"!S='EL
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C4N,SDR,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ+#4S-RPU,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2XT-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XU+C4U.3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<S+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0U."XX-"`M("0W,"XX-CPO9F]N=#X\+W1D
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V,"PU,#`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,"XU-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C`N,3,S,SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M(S`P,#`P,#LG(#XR-C`L-3`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C`N-34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8P+C$S,S,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#4T
M."PP,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2XU.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L-SDX+#`P,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S+C0V-C`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M.#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I
M=CX\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
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M;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^1'5R:6YG(#(P
M,30@86YD(#(P,3(L('1H92!#;VUP86YY(&=R86YT960@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT:')E93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+"!T:&4@0V]M<&%N>2!E<W1I;6%T97,@=&AE(&9A:7(@=F%L=64@;V8@
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M9VEN+6QE9G0Z,'!T.R<@/D1U<FEN9R`R,#$P+"!T:&4@0F]A<F0@;V8@36%N
M86=E<G,@;V8@0W5T=V%T97(@97-T86)L:7-H960@=&AE($-U='=A=&5R($%S
M<V5T($UA;F%G96UE;G0@17%U:71Y/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M4&%R=&EC:7!A=&EO;B!0;&%N("@F(S@R,C`[=&AE(%!L86XF(S@R,C$[*2X@
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M=&EO;B!P97)I;V0@;&%S=&EN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M=6YI=',@879A:6QA8FQE(&9O<B!G<F%N="!U;F1E<B!T:&4@4&QA;B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/FES(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,S4P+#`P,#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B!$=7)I;F<@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XR,#$T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F\\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!N97<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G5N:71S('=E<F4@9W)A;G1E9"!A;F0@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XS."PP,#`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/G5N:71S(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=V5R92!C86YC96QE9"X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M92!Y96%R<R!E;F1E9"!$96-E;6)E<B`S,2P@,C`Q-"P@,C`Q,R!A;F0@,C`Q
M,BP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN;SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&-O;7!E;G-A=&EO;B!C;W-T(')E;&%T960@=&\@=&AE(%!L86X@
M=V%S(')E8V]R9&5D(&%S(&$@<F5S=6QT(&]F('1H92!D96-L:6YE(&EN('1H
M92!V86QU92!O9B!T:&4@87=A<F1S+CPO9F]N=#X\+W`^/"]D:78^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO
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M>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A
M9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E
M;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4]
M,T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M
M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^
M#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14U%/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R
M;W=S<&%N/3-$,CX\<W1R;VYG/D5A<FYI;F=S(%!E<B!3:&%R93QB<CX\+W-T
M<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$
M,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT
M($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^16%R;FEN9W,@4&5R(%-H87)E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ-"XU<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB
M;VQD.VUA<F=I;BUL969T.C!P=#LG(#Y.;W1E(#$W.B!%87)N:6YG<R!097(@
M4VAA<F4\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA
M<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D5A<FYI;F=S
M('`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
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M<R!O9B!T:&4@0V]M<&%N>2X@(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^0F%S:6,@96%R;FEN9W,@<&5R('-H87)E(&5X8VQU9&4\+V9O;G0^
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M86X[9F]N="US:7IE.C$P<'0[)R`^(&%V86EL86)L92!T;R!C;VUM;VX@<VAA
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M:7IE.C$P<'0[)R`^(&%R92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M:7IE.C$P<'0[)R`^92!T<F5A<W5R>2!S=&]C:R!M971H;V0@/"]F;VYT/CQF
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M:6]N(&5X<&5N<V4@9G)O;2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1F]R('1H92`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/GEE87)S(&5N9&5D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M.C$P<'0[)R`^,C`Q,CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&5R92!W
M97)E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,S$L.3`W+#@U,CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C0S+#(Q
M,"PY,3<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M('=E<F4@86YT:61I;'5T:79E+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;&P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`R,#$R/"]F;VYT/CQF;VYT('-T
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M0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^)"!I;B!M:6QL:6]N<R!E>&-E<'0@<VAA<F4@86YD('!E<B!S
M:&%R92!A;6]U;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-SDN-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-SDN-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-SDN-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-SDN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#XR,#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C8T<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8T<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"87-I8R!E87)N:6YG
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C4X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4V.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(U,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#(S-#PO
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3&5S<SH@=6YD:7-T<FEB=71E9"!E87)N:6YG<R!A
M;&QO8V%T960@=&\@<&%R=&EC:7!A=&EN9R!S96-U<FET:65S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/C$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@:6YC;VUE("AL;W-S*2!A
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
M-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C0U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#(P,CPO9F]N=#X\
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M0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y"87-I8R!W96EG
M:'1E9"!A=F5R86=E('-H87)E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X."PQ
M-S$L-3`S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ.#DL,#<Q+#`Q,3PO9F]N=#X\+W1D/CQT9"!S
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$X."PX,S0L-C(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N.30\
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C$N,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+C,V/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
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M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[8F]R9&5R+71O<"US='EL93ID
M;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-C1P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-C1P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D1I;'5T960@96%R;FEN9W,@<&5R('-H87)E.CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M;W(Z(S`P,#`P,#LG(#XU-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(U,#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-S)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L,C,T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,97-S.B!U;F1I<W1R:6)U=&5D
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M;VQO<CHC,#`P,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQE<W,Z(&UA<FLM=&\M;6%R:V5T(&=A
M:6X@*&QO<W,I(&]N('=A<G)A;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I(&%V86EL86)L92!T;R!C
M;VUM;VX@<VAA<F5H;VQD97)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,C8\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(T-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C`R/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C4X<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C4X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A<VEC('=E:6=H=&5D(&%V
M97)A9V4@<VAA<F5S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@X+#$W,2PU,#,\
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M,#`P,#`P.R<@/C$X.2PP-S$L,#$Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@X+#@S
M-"PV,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D5F9F5C="!O9B!C;VUM;VX@<W1O8VL@
M97%U:79A;&5N=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("!3=&]C:R!O<'1I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$P-"PR-#<\
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M,#`P,#`P.R<@/C$L,C0Q+#DP,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,#8R+#,Y
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("!787)R86YT<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PV,C(L.#<W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U.'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&EL=71E9"!W96EG:'1E9"!A
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DP+#@Y."PV,C<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@Y+#@Y-RPP,C$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-3AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<R<'0[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,BXW-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<R<'0[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2XR.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8N,S,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$P(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-3,T+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,T+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,2D@26YC;'5D97,@-#$R+#<V.2P@
M-C(Y+#@Y-B!A;F0@-3`V+#<Q-"!O9B!P87)T:6-I<&%T:6YG('-E8W5R:71I
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M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,3`@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,S0N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,S0N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R
M.B,P,#`P,#`[)R`^97%U:79A;&5N=',@9F]R('1H92!Y96%R<R!E;F1E9"!$
M96-E;6)E<B`S,2P@,C`Q-"P@,C`Q,R!A;F0@,C`Q,BP@<F5S<&5C=&EV96QY
M+CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-
M"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV
M,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H
M965T,C<N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D
M+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970]
M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T
M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@
M8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T
M('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@
M*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S
M<STS1')E<&]R="!I9#TS1$E$,$5,13X-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N
M9SY#;VUM;VX@86YD(%!R969E<G)E9"!3=&]C:SQB<CX\+W-T<F]N9SX\+W1H
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT
M:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY#;VUM;VX@06YD(%!R
M969E<G)E9"!3=&]C:R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UO;B!!;F0@4')E9F5R<F5D(%-T
M;V-K/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I
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M)R`^0V]M;6]N(%-T;V-K/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI
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M.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/D1U<FEN9R`R,#`X+"!T/"]F;VYT
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M<FEC92!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XS,"XR-3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^('!E<B!S:&%R92P@)B,X,C(P.T(F(S@R,C$[('=A
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M:7IE.C$P<'0[)R`^,S`N,C4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!P97(@
M<VAA<F4L(&%N9"`F(S@R,C`[0C(F(S@R,C$[('=A<G)A;G0@=&\@<'5R8VAA
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M(#X@<&5R('-H87)E+B`\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/DEN($%U9W5S="!O9B`R,#$S+"!P=7)S=3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86YT('1O('1H92!A;G1I+61I;'5T:6]N('!R;W9I<VEO;G,@;V8@=V%R
M<F%N=',@:7-S=65D(&)Y($U"24$@=&\@5V%R8G5R9R!0:6YC=7,L('1H92!T
M97)M<R!O9B!T:&4@=V%R<F%N=',@:7-S=65D('1O(%=A<F)U<F<@4&EN8W5S
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6X@,C`P."!W97)E(&%M96YD960L
M('=H:6-H(')E<W5L=&5D(&EN("AA*2!787)B=7)G(%!I;F-U<R8C.#(Q-SL\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M<F-I<V%B;&4@870@)#,P+C(U('`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5R
M('-H87)E('<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@<F5V:7-E9"!T;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/C$Q+C@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N('-H87)E<R!A
M="`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR.2XT-#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^('!E<B!S:&%R93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.R`\
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0B`\+V9O;G0^/&9O;G0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(')E=FES
M960@=&\@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XQ,#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&UI;&QI;VX@<VAA<F5S(&%T("0\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/C(Y+C0T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<&5R('-H
M87)E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X[(&%N9#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^("@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F,\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BD@5V%R8G5R9R!0:6YC=7,F(S@R,3<[(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^0C(@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YW87)R
M86YT('1O('!U<F,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAA<V4@-"!M:6QL
M:6]N('-H87)E<R!E>&5R8VES86)L92!A="`D,38N,C`@<&5R('-H87)E('<\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#X@<F5V:7-E9"!T;R`T+#`P-"PY-#4@<VAA<F5S(&%T("0\+V9O;G0^/&9O
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M9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XY+C4Y/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#X@<&5R('-H87)E+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HY<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^26X@1F5B<G5A<GD@;V8@,C`Q-2P@=&AE($-O;7!A;GD@<F5P;W)T
M960@=&AE(&5X<&ER871I;VX@;V8@=&AE(%=A<F)U<F<@4&EN8W5S)B,X,C$W
M.R!W87)R86X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0@=&\@<'5R8VAA<V4@
M,3$N."!M:6QL:6]N('-H87)E<R!A="`D,CDN-#0@<&5R('-H87)E+"!T:&4@
M5V%R8G5R9R!0:6YC=7,F(S@R,3<[($(@=V%R<F%N="!T;R!P=7)C:&%S92`Q
M,"XQ(&UI;&QI;VX@<VAA<F5S(&%T("0R.2XT-"!P97(@<VAA<F4@86YD('1H
M92!787)B=7)G(%!I;F-U<R8C.#(Q-SL@0C(@=V%R<F%N="!T;R!P=7)C:&%S
M92`T+#`P-"PY-#4@<VAA<F5S(&%T("0Q-BXQ."!P97(@<VAA<F4N/"]F;VYT
M/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N
M-7!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN($UA>2!O9B`R,#$S+"!-
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^.2XY-#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&UI;&QI;VX@<VAA<F5S(&]F($U"24$@26YC+B!C;VUM;VX@<W1O
M8VL@870@86X@97AE<F-I<V4@<')I8V4@;V8@)#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^.2XU.3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('!E<B!S:&%R92X\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^4W1O8VL@=SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^87)R86YT<R!A<F4@<F5C;W)D960@87,@;&EA
M8FEL:71I97,@86YD(')E<&]R=&5D('=I=&AI;B`F(S@R,C`[3W1H97(@/"]F
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M.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$T/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#X@86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+"!T:&4@9F%I<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^('9A;'5E(&]F('1H92!W87)R86YT<R!W87,@)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,C@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!M:6QL:6]N(&%N
M9"`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XU.3PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(&UI;&QI;VXL(')E<W!E8W1I=F5L>2X\+V9O;G0^/"]P/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I
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M.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O
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M/G)C:&%S92!O9B!C;VUM;VX@<W1O8VL@=7`@=&\@)#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&)I;&QI;VX@=6YD
M97(@82!S:&%R92!R97!U<F-H87-E('!R;V=R86T\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/BX@1'5R:6YG('1H92!Y96%R(&5N9&5D($1E8V5M8F5R(#,Q+"`R
M,#$T+"!T:&4@0V]M<&%N>2!R97!U<F-H87-E9"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C(N,3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@8V]M
M;6]N('-H87)E<R!O9B!-0DE!($EN8RXL(&5X:&%U<W1I;F<@86YY(')E;6%I
M;FEN9R!C87!A8VET>2!U;F1E<B!T:&ES('-H87)E(')E<'5R8VAA<V4@<')O
M9W)A;2X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!<R!O9B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+"!T:&4@0V]M<&%N>2!H860@<F5P=7)C:&%S960@/"]F;VYT
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<VAA<F5S(&]F($U"24$@26YC+B`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F%T(&%N(&%V97)A9V4@<')I8V4@;V8@)#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^,3<N,#(\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B!P97(@<VAA<F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/G5N9&5R('1H/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YI<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-H87)E(')E<#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=7)C:&%S92!P<F]G<F%M+B`\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I
M;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M;6%R9VEN+6QE9G0Z,'!T.R<@/DEN('1H92!F;W5R=&@@<75A<G1E<B!O9B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XQ-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!T:&4@0V]M<&%N>28C.#(Q
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M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^:6QL:6]N('5N9&5R(&$@;F5W('-H87)E(')E<'5R8VAA
M<V4@<')O9W)A;2X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$=7)I;F<@=&AE
M('EE87(@96YD960@1&5C96UB97(@,S$L(#(P,30L('1H92!#;VUP86YY(')E
M<'5R8VAA<V5D(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,2XR/"]F;VYT/CQF
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M=6YD97(@=&AI<R!N97<@<F5P=7)C:&%S92!P<F]G<F%M+B`@/"]F;VYT/CPO
M<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM
M87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y$/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YU<FEN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M96YT:79E('!L86YS+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
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M.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^07,@
M;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M)R`^('!R969E<G)E9"!S=&]C:R!I<W-U960@86YD(&]U='-T86YD:6YG('=I
M=&@@82!C87)R>6EN9R!V86QU92!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XR.#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,Q1C0Y-T0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FEN8VQU9&EN9R`Q+#0T-"!S:&%R97,@:&5L9"!B>2!-0DE!($EN
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M86X[9F]N="US:7IE.C$P<'0[)R`^-#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M+"!-0DE!($EN8RX@9&ED(&YO="!R97!U<F-H87-E(&%N>2!A9&1I=&EO;F%L
M('-H87)E<RX@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M82!P87(@=F%L=64@;V8@)#$L,#`P('=I=&@@82!L:7%U:61A=&EO;B!P<F5F
M97)E;F-E(&]F("0Q,#`L,#`P+B!4:&4@:&]L9&5R<R!O9B!T:&4@<')E9F5R
M<F5D('-T;V-K(&%R92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F=E;F5R86QL
M>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYO="!E;G1I=&QE9"!T;R!A;GD@
M=F]T:6YG(')I9VAT<RX@4W5B:F5C="!T;R!C97)T86EN(')E<75I<F5M96YT
M<RP@=&AE('!R969E<G)E9"!S=&]C:R!M87D@8F4@<F5D965M960L(&EN('=H
M;VQE(&]R(&EN('!A<G0L(&%T(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE
M(&]P=&EO;B!O9B!-0DE!($-O<G`N(&%T(&%N>2!T:6UE(&]R(&9R;VT@=&EM
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M<'0[)R`^:6]U<VQY(&%C8W5M=6QA=&5D(&1I=FED96YD<R!P87EA8FQE('=I
M=&AO=70@:6YT97)E<W0@;VX@<W5C:"!U;G!A:60@9&EV:61E;F1S+B!!<R!O
M9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q-#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@=&AE<F4@=V5R92!N
M;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F1I=FED96YD<R!D96-L87)E9"!O
M;B!T:&4@<')E9F5R<F5D('-T;V-K+B!087EM96YT(&]F(&1I=FED96YD<R!O
M;B!-0DE!/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@0V]R<"XF(S@R,3<[<R!P
M<F5F97)R960@<W1O8VL@:7,@<W5B:F5C="!T;R!T:&4@<V%M92!R97-T<FEC
M=&EO;G,@=&AA="!A<'!L>2!T;R!D:79I9&5N9',@;VX@8V]M;6]N('-T;V-K
M('5N9&5R($Y9/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y)3#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^+CPO9F]N=#X\+W`^/"]D:78^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO
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M8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\
M345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X
M="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA
M=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@
M0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A
M8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14Q%/@T*("`@("`@/'1R/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$
M,CX\<W1R;VYG/D%C8W5M=6QA=&5D($]T:&5R($-O;7!R96AE;G-I=F4@26YC
M;VUE/&)R/CPO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M(&-O;'-P86X],T0Q/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q
M+"`R,#$T/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/E1E>'0@0FQO8VL@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!8V-U;75L871E9"!/=&AE<B!#
M;VUP<F5H96YS:79E($EN8V]M92!;5&5X="!";&]C:UT\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O
M;&0[;6%R9VEN+6QE9G0Z,'!T.R<@/DYO=&4@,3DZ($%C8W5M=6QA=&5D($]T
M:&5R($-O;7!R96AE;G-I=F4@26YC;VUE(#PO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O
M;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^5#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;&P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^+"!A;F0@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/"]T9#X\
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M,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HX,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B!'
M86EN<R`H3&]S<V5S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HX,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#,N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F]N($%&4SPO
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX@0W5R<F5N8WD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M0FQA8VL[;6EN+7=I9'1H.C(T-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y396-U<FET:65S+"!.970\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4<F%N<VQA=&EO;BP@3F5T/"]F;VYT/CPO
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M;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR-#8N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-#8N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L($IA;G5A<GD@,2P@,C`Q
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-S4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q-C,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@Q,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-S8I/"]F;VYT/CPO=&0^/'1D('-T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,SDN
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[=&5X="UA;&EG
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,SDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,SDN,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE("AL;W-S
M*2!B969O<F4@<F5C;&%S<VEF:6-A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;W(Z(S`P,#`P,#LG(#Y!;6]U;G1S(')E8VQA<W-I9FEE9"!F<F]M($%/0TD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S`\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-#8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-#8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!P97)I;V0@
M;W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-S4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(P-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,S(\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S
M.2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(S.2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y"86QA;F-E+"!$96-E;6)E<B`S,2P@,C`Q,CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,Y+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,Y+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C,Y+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,Y+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!C;VUP<F5H96YS:79E(&EN
M8V]M92`H;&]S<RD@8F5F;W)E(')E8VQA<W-I9FEC871I;VYS/"]F;VYT/CPO
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M,#`P,#`P.R<@/B@Q,C@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$R-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^06UO=6YT<R!R96-L87-S:69I
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,2D\+V9O
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M;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,C0V+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C0V+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y.970@<&5R:6]D(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE
M("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3,Y*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$T,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/"]T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-#8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-#8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L($1E
M8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Y-BD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,SDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,SDN,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S4N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S4N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(S.2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO
M<W,I(&)E9F]R92!R96-L87-S:69I8V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@R-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,#PO
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,SDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,SDN,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D%M;W5N=',@<F5C;&%S<VEF:65D(&9R;VT@04]#
M23PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W/"]F;VYT/CPO=&0^/'1D
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!O=&AE
M<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,P
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,C,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`W/"]F;VYT/CPO=&0^/'1D('-T
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M9'1H.C(S.2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y"86QA;F-E+"!$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,3,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Q/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/"]T<CX\+W1A
M8FQE/CPO9&EV/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;&EN
M92UH96EG:'0Z,3)P=#L@/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^86(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
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M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F1E=&%I;',@;V8@=&AE(')E8VQA<W-I
M9FEC871I;VYS(&9R;VT@04]#23PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<G,@96YD960\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D1E8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,3,\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/BP@86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^.CPO9F]N=#X\+W`^/"]D:78^/&1I=CX\=&%B;&4@
M<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR
M,'!T.R`^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ-#<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-#<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MT97AT+61E8V]R871I;VXZ=6YD97)L:6YE.V-O;&]R
M.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y!;6]U;G1S(%)E8VQA<W-I9FEE9"!F<F]M($%/0TD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ
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M;6EN+7=I9'1H.C$Y.'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-#(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R<R!%
M;F1E9"!$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3AP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.3AP=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$T-RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T-RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.W1E>'0M9&5C;W)A=&EO;CIU
M;F1E<FQI;F4[8V]L;W(Z(S`P,#`P,#LG(#Y$971A:6QS(&%B;W5T($%/0TD@
M0V]M<&]N96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C4U+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^
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M:#HU-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y.'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^069F
M96-T960@3&EN92!)=&5M(&]N('1H92!#;VYS;VQI9&%T960@#0I3=&%T96UE
M;G1S(&]F($]P97)A=&EO;G,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,34U+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A
M;&EZ960@9V%I;G,@*&QO<W-E<RD@;VX@0493('-E8W5R:71I97,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/E)E86QI>F5D(&=A:6X@*&QO<W,I(&]N('-A;&4@;V8@<V5C
M=7)I=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3<I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z."XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HX+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("@T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y.'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@*&QO
M<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64-
M"B`@("`@86YD(&9O<F5I9VX@97AC:&%N9V4@/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`@/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y!;6]R=&EZ871I;VX@;VX@<V5C=7)I=&EE<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M.V-O;&]R.B,P,#`P,#`[)R`^("@T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q,#0I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$Y.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y.970@:6YV97-T;65N="!I;F-O;64@/"]F;VYT/CPO
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@*#(Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3@\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$P
M."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DX<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DX<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN8V]M92`H;&]S<RD@8F5F;W)E(&EN
M8V]M92!T87AE<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$T,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@X*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H,S@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y.'!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F]V:7-I;VX@*&)E;F5F
M:70I(&9O<B!I;F-O;64@=&%X97,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-#(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3,I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M,#`P,#`P.R<@/B`Q,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H-S`I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Y.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Y.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y.970@:6YC;VUE("AL;W-S*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$T,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3AP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.3AP=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$U-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&-U<G)E;F-Y('1R86YS
M;&%T:6]N.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30R+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296%L:7IE9"!G86EN("AL
M;W-S*2!O;B!L:7%U:61A=&EO;B!O9B`-"B`@("!F;W)E:6=N(&5N=&ET>3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@T*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.B,P,#`P,#`[)R`^(#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O
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M;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I
M86P@:6YS=')U;65N=',@870@9F%I<B!V86QU90T*("`@("!A;F0@9F]R96EG
M;B!E>&-H86YG93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-#<N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#<N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@<F5C;&%S
M<VEF:6-A=&EO;G,@9F]R('1H92!P97)I;V0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3<I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B`Q-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H-S`I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Y.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y.970@:6YC;VUE("AL;W-S*3PO9F]N=#X\+W1D/CPO='(^
M/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]
M7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#(Y+FAT
M;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B
M;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I
M:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78]
M,T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]
M=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13
M:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I
M<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O
M<G0@:60],T1)1#!%3$4^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^4F5L871E
M9"!087)T>2!4<F%N<V%C=&EO;G,\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4F5L871E9"!087)T>2!4<F%N<V%C
M=&EO;G,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y296QA=&5D(%!A<G1Y(%1R86YS86-T:6]N<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M
M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW
M96EG:'0Z8F]L9#MM87)G:6XM;&5F=#HP<'0[)R`^3F]T92`R,#H@4F5L871E
M9"!087)T>2!4<F%N<V%C=&EO;G,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[)R`^(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML
M:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P
M=#LG(#Y296QA=&5D('!A<G1I97,@87)E(&1E9FEN960@87,@=&AE(&9O;&QO
M=VEN9SH\+V9O;G0^/"]P/CQU;#X\;&D@<W1Y;&4],T1L:7-T+7-T>6QE.F1I
M<V,[=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O
M='1O;3HP<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^069F:6QI871E<R!O9B!T:&4@
M0V]M<&%N>3H@06X@869F:6QI871E(&ES(&$@<&%R='D@=&AA="!D:7)E8W1L
M>2!O<B!I;F1I<F5C=&QY(&-O;G1R;VQS+"!I<R!C;VYT<F]L;&5D(&)Y(&]R
M(&ES('5N9&5R(&-O;6UO;B!C;VYT<F]L('=I=&@@=&AE($-O;7!A;GDN($-O
M;G1R;VP@:7,@9&5F:6YE9"!A<R!H879I;F<L(&5I=&AE<B`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F1I<F5C=&QY(&]R(&EN9&ER96-T;'DL('1H92!P;W=E
M<B!T;R!D:7)E8W0@=&AE(&UA;F%G96UE;G0@86YD(&]P97)A=&EN9R!P;VQI
M8VEE<R!O9B!A(&-O;7!A;GD@=&AR;W5G:"!O=VYE<G-H:7`L(&)Y(&-O;G1R
M86-T(&]R(&]T:&5R=VES92X\+V9O;G0^/"]L:3X\;&D@<W1Y;&4],T1L:7-T
M+7-T>6QE.F1I<V,[=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[
M;6%R9VEN+6)O='1O;3HP<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^16YT:71I97,@
M9F]R('=H:6-H(&EN=F5S=&UE;G1S(&%R92!A8V-O=6YT960@9F]R('5S:6YG
M('1H92!E<75I='D@;65T:&]D(&)Y('1H92!#;VUP86YY+CPO9F]N=#X\+VQI
M/CQL:2!S='EL93TS1&QI<W0M<W1Y;&4Z9&ES8SMT97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y4<G5S=',@9F]R('1H92!B96YE9FET(&]F(&4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/FUP;&]Y965S+"!S=6-H(&%S('!E;G-I;VX@86YD('!R
M;V9I="!S:&%R:6YG('1R=7-T<R!T:&%T(&%R92!M86YA9V5D(&)Y(&]R('5N
M9&5R('1H92!T<G5S=&5E<VAI<"!O9B!M86YA9V5M96YT+CPO9F]N=#X\+VQI
M/CQL:2!S='EL93TS1&QI<W0M<W1Y;&4Z9&ES8SMT97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y0<FEN8VEP86P@;W=N97)S(&]F('1H92!#;VUP86YY(&1E9FEN
M960@87,@;W=N97)S(&]F(')E8V]R9"!O<B!K;F]W;B!B96YE9FEC:6%L(&]W
M;F5R<R!O9B!M;W)E('1H86X@,3`E(&]F('1H92!V;W1I;F<@:6YT97)E<W1S
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M="US:7IE.C$P<'0[)R`^0SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&EE9B!%
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M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O
M;3HP<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^365M8F5R<R!O9B!T:&4@:6UM961I
M871E(&9A;6EL:65S(&]F('!R:6YC:7!A;"!O=VYE<G,@;V8@=&AE($-O;7!A
M;GD@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;F0@:71S(&UA;F%G96UE;G0N
M(%1H:7,@:6YC;'5D97,@9F%M:6QY(&UE;6)E<G,@=VAO;2!A('!R:6YC:7!A
M;"!O=VYE<B!O<B!A(&UE;6)E<B!O9B!M86YA9V5M96YT(&UI9VAT(&-O;G1R
M;VP@;W(@:6YF;'5E;F-E(&]R(&)Y('=H;VT@=&AE>2!M87D@8F4@8V]N=')O
M;&QE9"!O<B!I;F9L=65N8V5D(&)E8V%U<V4@;V8@=&AE(&9A;6EL>2!R96QA
M=&EO;G-H:7`N/"]F;VYT/CPO;&D^/&QI('-T>6QE/3-$;&ES="US='EL93ID
M:7-C.W1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I;BUB
M;W1T;VTZ,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^3W1H97(@<&%R=&EE<R!T:&%T(&-A;B!S:6=N:69I8V%N=&QY
M(&EN9FQU96YC92!T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH92!M86YA9V5M
M96YT(&]R('!O;&EC:65S(&]F('1H92!T<F%N<V%C=&EN9R!P87)T:65S(&]R
M('1H870@:&%V92!A;B!O=VYE<G-H:7`@:6YT97)E<W0@:6X@;VYE(&]F('1H
M92!T<F%N<V%C=&EN9R!P87)T:65S(&%N9"!C86X@<VEG;FEF:6-A;G1L>2!I
M;F9L=65N8V4@=&AE(&]T:&5R('1O('1H92!E>'1E;G0@=&AA="!O;F4@;W(@
M;6]R92!O9B!T:&4@=')A;G-A8W1I;F<@<&%R=&EE<R!M:6=H="!B92!P<F5V
M96YT960@9G)O;2!F=6QL>2!P=7)S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YU
M:6YG(&ET<R!O=VX@<V5P87)A=&4@:6YT97)E<W1S+CPO9F]N=#X\+VQI/CPO
M=6P^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[
M;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^4VEN8V4@,3DX.2P@34))02!#;W)P
M+B!H87,@97AE8W5T960@9FEV92!S=7)E='D@8F]N9',@=&\@9W5A<F%N=&5E
M('1H92!P87EM96YT(&]B;&EG871I;VYS(&]F('1H92!M96UB97)S(&]F('1H
M92!-=6YI8VEP86P@0F]N9"!);G-U<F%N8V4@07-S;V-I871I;VX@*'1H92`F
M(S@R,C`[07-S;V-I871I;VXF(S@R,C$[*2P@82!V;VQU;G1A<GD@=6YI;F-O
M<G!O<F%T960@87-S;V-I871I;VX@;V8@:6YS=7)E<G,@=SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<FET:6YG(&UU;FEC:7!A;"!B;VYD(&%N9"!N;W1E(&EN
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M>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!W87,@)#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^,S0P/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL;&EO;BX\+V9O;G0^
M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T
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M=6YD("@F(S@R,C`[=&AE($9U;F0F(S@R,C$[*2X@34))02!E87)N960@:6YV
M97-T;65N="!M86YA9V5M96YT+"!A8V-O=6YT:6YG+"!A9&UI;FES=')A=&EO
M;B!A;F0@<V5R=FEC92!F965S(')E;&%T960@=&\@=&AE($9U;F0L(&YE="!O
M9B!U;F1E<G=R:71I;F<@9F5E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YS('!A
M:60@=&\@82!T:&ER9"!P87)T>2P@86YD(&%R92!I;F-L=61E9"!I;B`F(S@R
M,C`[1F5E<R!A;F0@<F5I;6)U<G-E;65N=',F(S@R,C$[(&EN('1H92!#;VUP
M86YY)B,X,C$W.W,@8V]N<V]L:61A=&5D('-T871E;65N=',@;V8@;W!E<F%T
M:6]N<RX@5&AE<V4@86UO=6YT<R!W97)E(&YO="!S:6=N:69I8V%N="!F;W(@
M=&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>65A<G,@96YD960\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E8V5M
M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y);B!!
M=6=U<W0@;V8@,C`Q,RP@<'5R<W5A;CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M="!T;R!T:&4@86YT:2UD:6QU=&EO;B!P<F]V:7-I;VYS(&]F('=A<G)A;G1S
M(&ES<W5E9"!B>2!-0DE!('1O(%=A<F)U<F<@4&EN8W5S+"!T:&4@=&5R;7,@
M;V8@=&AE('=A<G)A;G1S(&ES<W5E9"!T;R!787)B=7)G(%!I;F-U<R!I;B`R
M,#`X('=E<F4@86UE;F1E9"P@=VAI8V@@<F5S=6QT960@:6X@82!D96-R96%S
M92!I;B!T:&4@97AE<F-I<V4@<')I8V4@86YD(&%N(&EN8W)E87-E(&EN('1H
M92!A9V=R96=A=&4@;G5M8F5R(&]F('-H87)E<R!O9CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^($U"24$@8V]M;6]N('-T;V-K('1O(&)E(&ES<W5E9"!U<&]N
M(&5X97)C:7-E+B!);B!A9&1I=&EO;BP@=6YD97(@=&AE(&%G<F5E;65N="P@
M5V%R8G5R9R!0:6YC=7,@:&%S(&-E<G1A:6X@9W)O<W,@=7`@<FEG:'1S('1H
M870@87)E('1R:6=G97)E9"!I;B!C;VYN96-T:6]N('=I=&@@=&AE(&]F9F5R
M:6YG(&)Y('1H92!#;VUP86YY(&]F(&%N>2!E<75I='D@<V5C=7)I=&EE<RX@
M07,@<W5C:"P@34))02!I<W-U960@5V%R8G5R9R!0:6YC=7,@82!F:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=F4M>65A<B!W87)R86YT('1O('!U<F-H87-E
M(#$N.3$@;6EL;&EO;B!S:&%R97,@;V8@34))02!C;VUM;VX@<W1O8VL@870@
M86X@97AE<F-I<V4@<')I8V4@;V8@)#DN-3D@<&5R('-H87)E+B!2969E<B!T
M;R`F(S@R,C`[3F]T92`Q.#H@0V]M;6]N(&%N9"!0<F5F97)R960@4W1O8VLF
M(S@R,C$[(&9O<B!I;F9O<FUA=&EO;B!A8F]U="!787)B=7)G(%!I;F-U<R8C
M.#(Q-SL@=V%R<F%N=',N(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[
M)R`^07,@;V8@1&5C96UB97(@,S$L(#(P,30@86YD(#(P,3,L('0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FAE($-O;7!A;GD@:&%D(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;F\@;&]A;G,@;W5T<W1A;F1I;F<@=&\@86YY(&5X96-U=&EV
M92!O9F9I8V5R<R!O<B!D:7)E8W1O<CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M<RX\+V9O;G0^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM
M+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E
M965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T
M,S`N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE
M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA
M<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R
M8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\
M+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS
M1')E<&]R="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY#
M;VUM:71M96YT<R!A;F0@0V]N=&EN9V5N8VEE<SQB<CX\+W-T<F]N9SX\+W1H
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT
M:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT($)L;V-K(%M!
M8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^0V]M;6ET;65N=',@86YD($-O;G1I;F=E;F-I97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HT+C5P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M;6%R9VEN+6QE9G0Z,'!T.R<@/D]N($1E8V5M8F5R)B,Q-C`[,30L(#(P,#DL
M($U"24$@0V]R<"X@8V]M;65N8V5D(&%N(&%C=&EO;B!I;B!.97<@66]R:R!3
M=&%T92!3=7!R96UE($-O=7)T+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DYE
M=R!9;W)K($-O=6YT>2P@86=A:6YS="!#<F5D:70@4W5I<W-E+B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/E1H92!C;VUP;&%I;G0@<V5E:W,@9&%M86=E<R!F
M;W(@9G)A=60@86YD(&)R96%C:"!O9B!C;VYT<F%C='5A;"!O8FQI9V%T:6]N
M<R!I;B!C;VYN96-T:6]N('=I=&@@=&AE('!R;V-U<F5M96YT(&]F(&9I;F%N
M8VEA;"!G=6%R86YT964@:6YS=7)A;F-E(&]N('1H92`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/DA%350\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/E-E<FEE<R`R,#`W+3(@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YS96-U<FET:7IA=&EO;BX@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#Y/;B!*86YU87)Y(#,P+"`R,#$S+"!-0DE!($-O<G`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/BX@9FEL960@86X@86UE;F1E9"!C;VUP;&%I;G0N(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^5&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86UE;F1E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@*&DI)B,Q-C`[=&AE(&%T=')I8G5T97,@
M;V8@=&AE('-E8W5R:71I>F5D(&QO86YS.R`H:6DI)B,Q-C`[=&AA="!T:&4@
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M86X[9F]N="US:7IE.C$P<'0[)R`^3VX@075G=7-T(#$S+"`R,#$T+"!T:&4@
M8V]U<G0@:7-S=65D(&%N(&]R9&5R('-C:&5D=6QI;F<\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!E>'!E<G0@9&ES8V]V97)Y('1O(')U;B!T:')O=6=H('1H
M92!M:61D;&4@;V8@,C`Q-2X@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M
M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I;BUB;W1T;VTZ.7!T
M.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z
M,'!T.R<@/D]N(%-E<'1E;6)E<B`Q-"P@,C`Q,BP@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#Y-0DE!/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@26YS=7)A;F-E
M($-O<G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]R871I;VX\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!F:6QE9"!A(&-O;7!L86EN="!A;&QE9VEN9R!F<F%U
M9"!A9V%I;G-T(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^2BY0+B!-;W)G86X@
M4V5C=7)I=&EE<R!,3$,@*&8O:R]A($)E87(L(%-T96%R;G,@)F%M<#L@0V\N
M($EN8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^*3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(')E;&%T:6YG('1O($)E
M87(L(%-T96%R;G,@)F%M<#L@0V\N($EN8RXF(S@R,3<[<R!R;VQE(&%S(&QE
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"!S96-U<FET:65S('5N9&5R=W)I
M=&5R(&]N('1H92!'34%#($UO<G1G86=E($-O<G!O<F%T:6]N($AO;64@17%U
M:71Y($QO86X@5')U<W0@,C`P-BU(130N(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^($U"24$@9FEL960@:71S(&%M96YD960@8V]M<&QA:6YT(&]N(%-E<'1E
M;6)E<B`R.2P@,C`Q-"X@2BY0+B!-;W)G86X@9FEL960@:71S(&%N<W=E<B!T
M;R!T:&4@86UE;F1E9"!C;VUP;&%I;G0@;VX@3V-T;V)E<B`Q,"P@,C`Q-"X\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^3VX@2G5L>28C,38P
M.S(S+"`R,#`X+"!T:&4@0VET>2!O9B!,;W,\+V9O;G0^/&9O;G0@<W1Y;&4]
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!S86UE(&-O
M+61E9F5N9&%N=',@=V5R92!F:6QE9"!B>2`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G9A<FEO=7,@;75N:6-I<&%L(&5N=&ET:65S(&%N9"!Q=6%S:2UM=6YI
M8VEP86P@96YT:71I97,L(&UO<W1L>2!I;B!#86QI9F]R;FEA+CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(%1H97-E(&-A<V5S(&%R92!P87)T(&]F(&$@8V]O
M<F1I;F%T:6]N('!R;V-E961I;F<@:6X@4W5P97)I;W(@0V]U<G0L(%-A;B!&
M<F%N8VES8V\@0V]U;G1Y+"!B969O<F4@2G5D9V4@4FEC:&%R9"!!+B!+<F%M
M97(L(')E9F5R<F5D('1O(&%S('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/D%M8F%C($)O;F0@26YS=7)A;F-E($-A<V5S+CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^26X@075G=7-T(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR
M,#$Q+"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G1H92`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/G!L86EN=&EF9G,@9FEL960@86UE;F1E9"!V97)S:6]N<R!O
M9B!T:&5I<B!R97-P96-T:79E(&-O;7!L86EN=',N(%1H92!C;&%I;7,@86QL
M96=E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=FEO;&%T:6]N(&]F($-A;&EF
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<FES:R!O9B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F-E<G1A:6X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI<W-U97)S
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL('1H97)E8GD@8W)E871I;F<@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YM87)K970@9&5M86YD(&9O<B!B;VYD(&EN
M<W5R86YC92X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y4:&4@<#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;&%I;G1I9F9S(&%L<V\@86QL96=E('1H870@=&AE
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^861E<75A
M=&5L>2!D:7-C;&]S92!T:&4@:6UP86-T(&]F('1H;W-E('1R86YS86-T:6]N
M<R!O;B!T:&4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FER(&9I;F%N8VEA;"!C
M;VYD:71I;VXN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^5&AE('!L86EN=&EF
M9G,@86QS;R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%S<V5R="!C;VUM;VX@
M;&%W(&-L86EM<R!O9B!B<F5A8V@@;V8@8V]N=')A8W0@86YD(&9R875D+B!4
M:&4@;F]N+6UU;FEC:7!A;"!P;&%I;G1I9F9S(&%L<V\@86QL96=E(&$@0V%L
M:69O<FYI82!U;F9A:7(@8V]M<&5T:71I;VX@8V%U<V4@;V8@86-T:6]N+B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D%N(&%P<&5A;"!O9B!T:&4@9&ES;6ES
M<V%L(&]F('1H92!P;&%I;G1I9F8F(S@R,3<[<R!A;G1I/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YT<G5S="!C;&%I;2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D%N(&%P<&5A;"!I<R!A;'-O('!E;F1I;F<@;V8@=&AE(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^36%R8V@@,C8L(#(P,30\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/B!D96-I<VEO;B!G<F%N=&EN9R!I;B!P87)T('1H92`\
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;FEA)B,X,C$W.W,@06YT:2T\
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M=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y/;B!*=6QY)B,Q-C`[,C,L(#(P
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M:7IE.C$P<'0[)R`^9W5A<F%N=&5E9#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(&EN=F5S=&UE;G0@8V]N=')A8W1S(&%N9"!W:&%T('!L86EN=&EF9G,@8V%L
M;"`F(S@R,C`[;75N:6-I<&%L(&1E<FEV871I=F5S)B,X,C(Q.R!T;R!M=6YI
M8VEP86P@8F]N9"!I<W-U97)S+B!4:&4@8V%S92!W87,@<F5M;W9E9"!T;R!F
M961E<F%L(&-O=7)T(&%N9"!T<F%N<V9E<G)E9"!B>2!O<F1E<B!D871E9"!.
M;W9E;6)E<B8C,38P.S(V+"`R,#`X('1O('1H92!3;W5T:&5R/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YN($1I<W1R:6-T(&]F($YE=R!9;W)K(&9O<B!I;F-L
M=7-I;VX@:6X@=&AE(&UU;'1I9&ES=')I8W0@;&ET:6=A=&EO;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($UU;FEC
M:7!A;"!$97)I=F%T:79E<R!!;G1I=')U<W0@3&ET:6=A=&EO;BP@32Y$+DPN
M($YO+B8C,38P.S$Y-3`N($-O;7!L86EN=',@;6%K:6YG('1H92!S86UE(&%L
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M:7IE.C$P<'0[)R`^;75N:6-I<&%L(&5N=&ET:65S(&%N9"!Q=6%S:2UM=6YI
M8VEP86P@96YT:71I97,L(&UO<W1L>2!I;B!#86QI9F]R;FEA+"`\+V9O;G0^
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M.C$P<'0[)R`^;&%I;G1I9F9S(&EN(&%L;"!O9B!T:&4@8V%S97,@87-S97)T
M(&9E9&5R86P@86YD(&5I=&@\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5R($-A
M;&EF;W)N:6$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP@5V5S="!6:7)G:6YI
M82`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]R($YE=R!9;W)K('-T871E(&%N
M=&ET<G5S="!C;&%I;7,N($%S(&]F($UA>28C,38P.S,Q+"`R,#$Q+"!-0DE!
M(&AA<R!A;G-W97)E9"!A;&P@;V8@=&AE(&5X:7-T:6YG(&-O;7!L86EN=',N
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y.871I;VYA;"!A;F0@
M07-S=7)E9"!'=6%R86YT>2!-=6YI8VEP86P@0V]R<"X@8V]M;65N8V5D(&%N
M(&%D=F5R<V%R>2!P<F]C965D:6YG(&%G86EN<W0@=&AE($-I='D@;V8@1&5T
M<F]I="!A;F0@8V5R=&%I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W5G:'0\+V9O;G0^/&9O
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M9"!V86QO<F5M('1A>"!P<F]C965D<RX@26X@07!R:6P@;V8@,C`Q-"P@3F%T
M:6]N86P@<F5A/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC:&5D(&$@<V5T=&QE
M;65N="!W:71H('1H92!#:71Y(&]F($1E=')O:70@<F5G87)D:6YG(&ET<R!E
M;FAA;F-E9"!5;FQI;6ET960@5&%X($=E;F5R86P@3V)L:6=A=&EO;B!B;VYD
M<RP@=VAI8V@@=V%S(&%P<')O=F5D('=H96X@=&AE($-I='D@;V8@1&5T<F]I
M="8C.#(Q-SMS($5I9VAT:"!!;65N9&5D(%!L86X@=V5N="!E9F9E8W1I=F4@
M;VX@1&5C96UB97(@,3`L(#(P,30N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y/;B!*86YU87)Y(#,P+"`R,#$S+"`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/DU"24$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!);G-U<F%N8V4@
M0V]R<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W)A=&EO;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&%N9"!.871I;VYA;"!F:6QE9"!A('!E=&ET:6]N(&EN
M(%1E>&%S('-T871E(&-O=7)T('-E96MI;F<@86X@;W)D97(@<F5Q=6ER:6YG
M('1H93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($AA<G)I<R!#;W5N='DM2&]U
M<W1O;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/E-P;W)T<R!!=71H;W)I='D@
M=&\@:6UP;W-E(&AI9VAE<B!T87AE<R!A<R!W96QL(&%S(&1A;6%G97,@9F]R
M(&]T:&5R(&%L;&5G960@8G)E86-H97,@;V8@8V]N=')A8W0N($]N($1E8V5M
M8F5R(#,P+"`R,#$T+"!T:&4@;&ET:6=A=&EO;B!W87,@<F5S;VQV960@:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;B!C;VYN96-T:6]N('=I=&@@82!R969I
M;F%N8VEN9R!T<F%N<V%C=&EO;BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T
M.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z
M,'!T.R<@/E1H92!#;VUP86YY(&ES(&1E9F5N9&EN9R!A9V%I;G-T('1H92!A
M9F]R96UE;G1I;VYE9"!A8W1I;VYS(&EN('=H:6-H(&ET(&ES(&$@9&5F96YD
M86YT(&%N9"!E>'!E8W1S('5L=&EM871E;'D@=&\@<')E=F%I;"!O;B!T:&4@
M;65R:71S+B!4:&5R92!I<R!N;R!A<W-U<F%N8V4L(&AO=V5V97(L('1H870@
M=&AE($-O;7!A;GD@=VEL;"!P<F5V86EL(&EN('1H97-E(&%C=&D\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F]N<RX@061V97)S92!R=6QI;F=S(&EN('1H97-E
M(&%C=&EO;G,@8V]U;&0@:&%V92!A(&UA=&5R:6%L(&%D=F5R<V4@969F96-T
M(&]N('1H92!#;VUP86YY)B,X,C$W.W,@86)I;&ET>2!T;R!I;7!L96UE;G0@
M:71S('-T<F%T96=Y(&%N9"!O;B!I=',@8G5S:6YE<W,L(')E<W5L=',@;V8@
M;W!E<F%T:6]N<RP@8V%S:"!F;&]W<R!A;F0@9FEN86YC:6%L(&-O;F1I=&EO
M;BX@070@=&AI<R!S=&%G92!O9B!T:&4@;&ET:6=A=&EO;BP@=&AE<F4@:&%S
M(&YO="!B964\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX@82!D971E<FUI;F%T
M:6]N(&%S('1O('1H92!A;6]U;G0L(&EF(&%N>2P@;V8@9&%M86=E<RX@06-C
M;W)D:6YG;'DL('1H92!#;VUP86YY(&ES(&YO="!A8FQE('1O(&5S=&EM871E
M(&%N>2!A;6]U;G0@;V8@;&]S<R!O<B!R86YG92!O9B!L;W-S+CPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[
M;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE<F4@87)E(&YO(&]T:&5R(&UA
M=&5R:6%L(&QA=W-U:71S('!E;F1I;F<@;W(L('1O('1H92!K;F]W;&5D9V4@
M;V8@=&AE($-O;7!A;GDL('1H<F5A=&5N960L('1O('=H:6-H('1H92!#;VUP
M86YY/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;W(@86YY(&]F(&ET<R!S=6)S
M:61I87)I97,@:7,@82!P87)T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YY+CPO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FIU<W1I9GD[;6%R9VEN
M+71O<#HY<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T
M.R`^/&9O;G0@<W1Y;&4],T1F;VYT+69A;6EL>3II;FAE<FET.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R
M9VEN+6QE9G0Z,'!T.R`^2&5A9'%U87)T97)S($QE87-E($%G<F5E;65N=#PO
M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y);B!397!T96UB97(@
M;V8@,C`Q-"P@=&AE($-O;7!A;GD@;6]V960@:71S(&AE861Q=6%R=&5R<R!T
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M:71Y+B!4:&4@:6YI=&EA;"!L96%S92!T97)M(&5X<&ER97,@:6X@,C`S,"!W
M:71H('1H92!O<'1I;VX@=&\@=&5R;6EN871E('1H92!L96%S92!I;B`R,#(U
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M86X[9F]N="US:7IE.C$P<'0[)R`^-#(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/B!M:6QL:6]N+B!4:&4@0V]M<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YY
M(')E8V5I=F5D(&$@;&5A<V4@:6YC96YT:79E(&%M;W5N="!O9B`D/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XV/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@;6EL
M;&EO;B!F<F]M('1H92!P<F]P97)T>2!O=VYE<B!T;R!F=6YD(&-E<G1A:6X@
M;&5A<V5H;VQD(&EM<')O=F5M96YT<RX@5&AE('1O=&%L(&9U='5R92!M:6YI
M;75M(&QE87-E('!A>6UE;G1S(&EN8VQU9&4@86YN=6%L(')E;G0@97-C86QA
M=&EO;B!A;6]U;G1S(&%N9"!A(&9R964@<F5N="!P97)I;V0@86YD(&5X8VQU
M9&4@=&AE(&QE87-E(&EN8V5N=&EV92!A;6]U;G0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/BX@5&AE(&QE87-E(&%G<F5E;65N="!H87,@8F5E;B!C;&%S<VEF
M:65D(&%S(&%N(&]P97)A=&EN9R!L96%S92P@86YD(&]P97)A=&EN9R!R96YT
M(&5X<&5N<V4@:&%S(&)E96X@<F5C;V=N:7IE9"!O;B!A('-T<F%I9VAT+6QI
M;F4@8F%S:7,@<VEN8V4@=&AE('-E8V]N9"!Q=6%R=&5R(&]F(#(P,30N/"]F
M;VYT/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]
M7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#,Q+FAT
M;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B
M;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I
M:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78]
M,T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]
M=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13
M:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I
M<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O
M<G0@:60],T1)1#!%344^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^4W5B<V5Q
M=65N="!%=F5N=',\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^5&5X="!";&]C:R!;06)S=')A8W1=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-U8G-E<75E;G0@
M179E;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA
M<F=I;BUB;W1T;VTZ-"XU<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7=E:6=H=#IB;VQD.VUA<F=I;BUL969T.C!P=#LG(#Y.;W1E
M(#(R.B!3=6)S97%U96YT($5V96YT<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^4F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F\@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF
M(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y.;W1E(#(Q.B!#;VUM:71M
M96YT<R!A;F0@0V]N=&EN9V5N8VEE<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M)B,X,C(Q.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:6X\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^965D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YN9SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9"`\+V9O;G0^
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M(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BX\
M+V9O;G0^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM
M+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F
M-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,S(N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY38VAE
M9'5L92!)+2!);G9E<W1M96YT<SQB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3=6UM87)Y(&]F($EN=F5S=&UE;G1S
M+"!/=&AE<B!T:&%N($EN=F5S=&UE;G1S(&EN(%)E;&%T960@4&%R=&EE<R!;
M06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E-C:&5D=6QE($D@+2!3=6UM87)Y($]F($EN=F5S=&UE;G1S+"!/
M=&AE<B!4:&%N($EN=F5S=&UE;G1S($EN(%)E;&%T960@4&%R=&EE<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4]
M,T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^
M/'1R(#X\=&0@8V]L<W!A;CTS1#$T(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-30P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^4T-(14153$4@23PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#$T(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-30P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^34))02!)3D,N($%.1"!354)3241)
M05))15,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-5
M34U!4ED@3T8@24Y615-4345.5%,L($]42$52(%1(04X@24Y615-4345.5%,@
M24X@4D5,051%1"!005)42453/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,30@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-#!P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4T,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#$T(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-30P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BA);B!M:6QL:6]N<RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(U,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Y+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4S+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[8F]R
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M86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06UO=6YT(&%T/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@
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M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C`N-S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#YW:&EC:"!S:&]W;CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(U,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,"XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HV,"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3DN-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HV,"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0V]S=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Y+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-C`N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER
M(%9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y
M+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-C`N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YB86QA;F-E('-H
M965T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(Y.2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR.3DN,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D%V86EL86)L92UF;W(M<V%L93H\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^52Y3+B!4<F5A
M<W5R>2!A;F0@9V]V97)N;65N="!A9V5N8WD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-#8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4S+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#(\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,C@W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(X-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M4W1A=&4@86YD(&UU;FEC:7!A;"!B;VYD<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PV,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-CDY/"]F;VYT/CPO=&0^/'1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ+#8Y.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR
M.#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C@W+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&=O=F5R;FUE
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,C,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(S,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C,P/"]F;VYT/CPO=&0^/"]T<CX\
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PT
M,S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,S@V/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#,X-CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR.#<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C@W+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K960@<V5C
M=7)I=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@
M;6]R=&=A9V4M8F%C:V5D(&%G96YC>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,3$Q/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#$R,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ,C(\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C
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M;W(Z(S`P,#`P,#LG(#XU,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/C0Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D-O;6UE<F-I86P@;6]R=&=A9V4M8F%C:V5D/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-3,N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-SPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR.#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C@W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y!<W-E="UB86-K960@<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
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M8VL[;6EN+7=I9'1H.C(W-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B="!O8FQI9V%T:6]N<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8V/"]F;VYT
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M;W(Z(S`P,#`P,#LG(#XV-CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR-S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C<U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3<T/"]F;VYT/CPO
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M8V]L;W(Z(S`P,#`P,#LG(#XQ-S0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C8S+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V,RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@;&]N9RUT97)M(&%V86EL
M86)L92UF;W(M<V%L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-2PQ-C(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-3,N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+#(R-3PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR.#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C@W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3
M:&]R="UT97)M(&%V86EL86)L92UF;W(M<V%L93PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PS,S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,S,S/"]F;VYT/CPO=&0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ+#,S,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR.#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C@W+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%<75I='D@879A:6QA
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M,#`P,#`P.R<@/E1O=&%L(&%V86EL86)L92UF;W(M<V%L93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU,RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-BPU,#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8L-3<Q/"]F;VYT/CPO=&0^/'1D('-T
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+#4W
M,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR.3DN,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,CDY+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR-38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(U-3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C4U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,Q."XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D]T:&5R(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D
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M8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C(V,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-C,N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&EN=F5S=&UE
M;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4S+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPW
M-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C8L.#,P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+#@S,#PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#8@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S$X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M<W-E=',@;V8@8V]N<V]L:61A=&5D('9A<FEA8FQE(&EN=&5R97-T(&5N=&ET
M:65S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HR.#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C@W
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M
M96YT<R!A="!F86ER('9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3DN-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,CDX/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,C$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C0R,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR.#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C@W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y(96QD
M+71O+6UA='5R:71Y.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4S+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
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M+7=I9'1H.C(Y-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^0V]R<&]R871E(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4S+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+#<U-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPV,S(\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/C(L-S4W/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
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M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-S`N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&EN=F5S
M=&UE;G1S(&]F(&-O;G-O;&ED871E9"!V87)I86)L92!I;G1E<F5S="!E;G1I
M=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4S+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPP-34\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,RXR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-3,N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS+#$W.#PO9F]N=#X\+W1D/CPO='(^/"]T86)L
M93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'10
M87)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N
M=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?
M86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#,S+FAT;6P-"D-O
M;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O
M;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*
M/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT
M96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G
M/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS
M/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H
M96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60]
M,T1)1#!%344^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L
M(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^4V-H961U;&4@24DM
M(%!A<F5N="!#;VUP86YY($9I;F%N8VEA;',\8G(^/"]S=')O;F<^/"]T:#X-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS
M($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^0V]N9&5N<V5D($9I;F%N
M8VEA;"!);F9O<FUA=&EO;B!O9B!087)E;G0@0V]M<&%N>2!/;FQY($1I<V-L
M;W-U<F4@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y#;VYD96YS960@1FEN86YC:6%L($EN9F]R;6%T:6]N
M(&]F(%!A<F5N="!#;VUP86YY($]N;'D@1&ES8VQO<W5R93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D
M97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\
M=&0@8V]L<W!A;CTS1#D@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-#9P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4T-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E-#2$5$54Q%($E)/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$.2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T
M-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-30V<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^34))02!)3D,N("A005)%3E0@0T]-4$%.62D\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Y(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-30V<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#9P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#3TY$14Y3140@0D%,
M04Y#12!32$5%5%,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0Y(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30V<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#9P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*$EN(&UI;&QI;VYS(&5X
M8V5P="!S:&%R92!A;F0@<&5R('-H87)E(&%M;W5N=',I/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,#$N,C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P,2XR-7!T.R`^/"]T
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M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0P,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P,2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^1&5C96UB97(@,S$L(#(P,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#$T+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#$T+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;65N
M=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D9I>&5D+6UA='5R:71Y('-E8W5R:71I97,@:&5L
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M=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW-3$\+V9O;G0^/"]T9#X\
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-S(X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0P.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^26YV97-T;65N=',@8V%R<FEE9"!A="!F86ER('9A
M;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,R/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0P.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0P.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^26YV97-T;65N=',@<&QE9&=E9"!A<R!C;VQL871E<F%L+"!A="!F
M86ER('9A;'5E("AA;6]R=&EZ960@8V]S="`D-#0U(&%N9"`D-#8S*3PO9F]N
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0P.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<U/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C0P.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M4VAO<G0M=&5R;2!I;G9E<W1M96YT<R!H96QD(&%S(&%V86EL86)L92UF;W(M
M<V%L92P@870@9F%I<B!V86QU92`H86UO<G1I>F5D(&-O<W0@)#,R-R!A;F0@
M)#$W,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XS,C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W,3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D]T:&5R(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PU,C,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L,S`Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
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M;6EN+7=I9'1H.C0P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:"!A
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P,#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,30P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0Q-"XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q-"XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;65N
M="!I;B!W:&]L;'DM;W=N960@<W5B<VED:6%R:65S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPY
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L.#DP/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C0Q-"XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0Q-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^1&5F97)R960@:6YC;VUE('1A>&5S+"!N970\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY
M-C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<Y,3PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M,30N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,30P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
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M8VL[;6EN+7=I9'1H.C0P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!A<W-E=',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#XV+#8X-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^-BPR-S`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`Q
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
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M-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q-"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,
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M86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-#$T+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$T+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<SH@/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4P-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-C4T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0P.'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]N9RUT97)M(&1E8G0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU.3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4Y,CPO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D%F9FEL:6%T92!L;V%N<R!P87EA8FQE/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PR,#<\+V9O
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M;VQO<CHC,#`P,#`P.R<@/C$L-3$P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0P.'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@;&EA8FEL
M:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-3$\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(S-CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,#$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^5&]T86P@;&EA8FEL:71I97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VQO<CHC,#`P,#`P.R<@/C(L-S4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
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M<CHC,#`P,#`P.R<@/C(L.3DR/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
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M;6EN+7=I9'1H.C0P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#@N-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0Q-"XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q-"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4VAA<F5H;VQD97)S)B,S.3L@
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HT."XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-#`X<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5F97)R960@<W1O8VLL('!A<B!V86QU
M92`D,2!P97(@<VAA<F4[(&%U=&AO<FEZ960@<VAA<F5S+2TQ,"PP,#`L,#`P
M.R!I<W-U960@86YD(&]U='-T86YD:6YG+2UN;VYE/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,#AP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,#AP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;6UO;B!S=&]C:RP@
M<&%R('9A;'5E("0Q('!E<B!S:&%R93L@875T:&]R:7IE9"!S:&%R97,M+30P
M,"PP,#`L,#`P.R!I<W-U960@<VAA<F5S+2TR.#$L,S4R+#<X,CPO9F]N=#X\
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M.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`Q+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`Q+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YA;F0@,C<W+#@Q,BPT,S`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR.#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(W.#PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D%D9&ET:6]N86P@<&%I9"UI;B!C87!I=&%L/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPQ,C@\
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,L,3$U/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0P.'!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5T86EN960@
M96%R;FEN9W,@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPX-3@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(L,C@Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0P.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^06-C=6UU;&%T960@;W1H97(@8V]M<')E:&5N
M<VEV92!I;F-O;64@*&QO<W,I+"!N970@;V8@=&%X(&]F("0V(&%N9"`D,C4\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@V*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/E1R96%S=7)Y('-T;V-K+"!A="!C;W-T+2TX.2PT,#DL.#@W(&%N9"`X
M-2PU-C(L-30V('-H87)E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R+#,U.2D\+V9O
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R+#,Q."D\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#`Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`Q+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L('-H87)E
M:&]L9&5R<R8C,SD[(&5Q=6ET>2!O9B!-0DE!($EN8RX\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VQO<CHC,#`P,#`P.R<@/C,L.3(Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
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M<CHC,#`P,#`P.R<@/C,L,C<X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
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M;6EN+7=I9'1H.C0P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!L:6%B:6QI=&EE<R!A;F0@
M<VAA<F5H;VQD97)S)B,S.3L@97%U:71Y/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^-BPV.#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C8L,C<P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
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M0FQA8VL[;6EN+7=I9'1H.C4T-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&4@8V]N9&5N<V5D(&9I;F%N
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M="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/F-O;G-O;&ED871E9"!F:6YA;F-I86P@<W1A=&5M96YT<R!A;F0@;F]T97,@
M=&AE<F5T;R!A;F0@=&AE(&%C8V]M<&%N>6EN9R!N;W1E<RX\+V9O;G0^/"]T
M9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D
M97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\
M=&0@8V]L<W!A;CTS1#$S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30P
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU-#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4T-(14153$4@24D\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0Q,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4T,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-30P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DU"24$@24Y#+B`H4$%214Y4($-/35!!3EDI
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,3,@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-#!P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#3TY$14Y3
M140@4U1!5$5-14Y44R!/1B!/4$52051)3TY3/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,3,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU-#!P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4T,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH26X@;6EL;&EO;G,I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Y.2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y.2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.3DN,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.3DN,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
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M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^
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M+7=I9'1H.C(Y.2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#DN-S5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^665A<G,@96YD960@1&5C96UB97(@,S$L/"]F
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M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C,S-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,S-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y2979E;G5E<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y
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M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&EN
M=F5S=&UE;G0@:6YC;VUE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C`\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS,C,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,C,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,3DI/"]F
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M(S`P,#`P,#LG(#Y);G9E<W1M96YT(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R
M+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE;G1S.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#4R*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<BUT:&%N+71E;7!O<F%R>2!I
M;7!A:7)M96YT<R!R96-O9VYI>F5D(&EN(&%C8W5M=6QA=&5D(&]T:&5R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YC;VUP<F5H96YS:79E(&EN
M8V]M92`H;&]S<RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#<I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Y.2XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y.2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&EN=F5S=&UE
M;G0@;&]S<V5S(')E;&%T960@=&\@;W1H97(M=&AA;BUT96UP;W)A<GD@:6UP
M86ER;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4Y*3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C,R,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&5X=&EN9W5I<VAM
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,SPO9F]N=#X\+W1D/CQT
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@R*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C,R,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R,RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@;F5T(')E86QI>F5D(&=A
M:6YS("AL;W-S97,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M;VQO<CHC,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!R979E;G5E
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,3$T*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,S4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S4N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M17AP96YS97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,C,N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C,N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]P97)A=&EN9SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;W(Z(S`P,#`P,#LG(#XV.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0P/"]F;VYT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y);G1E<F5S=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3`T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`U
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,34U/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Y.2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(Y.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T
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M=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$R.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W-#PO9F]N=#X\+W1D
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M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C$Y-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C,R,RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R,RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1V%I;B`H;&]S<RD@8F5F;W)E
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@W,"D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,S`Y*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,S4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S4N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H8F5N969I
M="D@9F]R(&EN8V]M92!T87AE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$V-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,C`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@W.#$I/"]F;VYT/CPO
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-#<R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,S-2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^17%U:71Y(&EN(&YE="!I
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#8S/"]F;VYT/CPO=&0^
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3$X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-S8R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Y.2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y.2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@:6YC;VUE
M("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4P/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PR
M,S0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y.2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
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M8VL[;6EN+7=I9'1H.C(Y.2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q,R!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4T,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y4:&4@8V]N9&5N<V5D(&9I;F%N8VEA;"!S=&%T96UE
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M;&]R.B,P,#`P,#`[)R`^8V]N<V]L:61A=&5D(&9I;F%N8VEA;"!S=&%T96UE
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C4U,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y30TA%1%5,12!)23PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#$R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-34R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^34))02!)3D,N("A0
M05)%3E0@0T]-4$%.62D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0Q,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D-/3D1%3E-%1"!35$%414U%3E13($]&($-/35!214A%3E-)5D4@
M24Y#3TU%("A,3U-3*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#$R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34R<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*$EN(&UI;&QI;VYS
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M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M-S(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^665A<G,@96YD960@1&5C96UB97(@,S$L/"]F;VYT/CPO
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M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,30N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C,V-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,V-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3F5T(&EN8V]M92`H;&]S<RD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-38Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ+#(S-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-C4N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T
M:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE("AL;W-S*3H\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,S8U+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S8U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C,U,RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U,RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9"!G86EN<R`H
M;&]S<V5S*2!A<FES:6YG(&1U<FEN9R!T:&4@<&5R:6]D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-SDI/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ-C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H8F5N969I
M="D@9F]R(&EN8V]M92!T87AE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-RD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C,V/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,38R*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,P/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#$N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296-L87-S:69I
M8V%T:6]N(&%D:G5S=&UE;G1S(&9O<B`H9V%I;G,I(&QO<W-E<R!I;F-L=61E
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M=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3$\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN8V]M92!T
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#PO9F]N=#X\+W1D/CQT
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M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
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M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-3PO9F]N=#X\+W1D/CQT
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M.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C<R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-#$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG
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M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C,V-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^079A:6QA8FQE+69O<BUS86QE('-E
M8W5R:71I97,@=VET:"!O=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A:7)M96YT
M<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE;G1S(&%N
M9"!U;G)E86QI>F5D(&=A:6YS("AL;W-S97,I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-#$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/F%R:7-I;F<@9'5R:6YG('1H92!P97)I;V0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
M.#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C,U,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,U,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE
M('1A>&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,SPO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C,U,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C(U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-#$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG
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M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
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M;W(Z(S`P,#`P,#LG(#Y296-L87-S:69I8V%T:6]N(&%D:G5S=&UE;G1S(&9O
M<B`H9V%I;G,I(&QO<W-E<R!I;F-L=61E9"!I;B!N970@:6YC;VUE("AL;W-S
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-3,N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-3,N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H
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M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\
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M=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-C4N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9O
M<F5I9VX@8W5R<F5N8WD@=')A;G-L871I;VXZ/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&-U
M<G)E;F-Y('1R86YS;&%T:6]N(&=A:6YS("AL;W-S97,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,C,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q-2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,T,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T
M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S8U+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8U+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!O=&AE
M<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$P-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T,BD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(S,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-C4N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XV-S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P.#PO9F]N=#X\+W1D/CQT9"!S
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PT-C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,T,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
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M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0Q,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U,G!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&4@8V]N9&5N
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^8V]N<V]L:61A
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M,#`P,#`[)R`^34))02!)3D,N("A005)%3E0@0T]-4$%.62D\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-/3D1%3E-%1"!35$%414U%
M3E13($]&($-!4T@@1DQ/5U,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0Q,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-30P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BA);B!M:6QL
M:6]N<RD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
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M>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R<R!E;F1E9"!$96-E;6)E<B`S,2P\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Q-RXR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C<N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,30N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3(\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,S4S+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/D-A<V@@9FQO=W,@9G)O;2!O<&5R871I;F<@86-T:79I=&EE<SH\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
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M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y&965S(&%N9"!R96EM8G5R<V5M96YT<R!R96-E
M:79E9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/"]T
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DEN
M=F5S=&UE;G0@:6YC;VUE(')E8V5I=F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-38\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR-3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3@\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^3W!E<F%T:6YG(&5X<&5N<V5S('!A:60\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@S-2D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,S4I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#0S*3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C,T,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y);G1E<F5S="!P86ED+"!N970@;V8@:6YT97)E<W0@8V]N=F5R
M=&5D('1O('!R:6YC:7!A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#DS*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@Y
M,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3`Q*3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,T,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y)
M;F-O;64@=&%X97,@*'!A:60I(')E8V5I=F5D/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XU.3PO9F]N=#X\+W1D
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M('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/C$Q,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-#`N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,3<N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&-A<V@@<')O=FED960@*'5S960I
M(&)Y(&]P97)A=&EN9R!A8W1I=FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR,S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,U
M,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,U,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#87-H(&9L;W=S(&9R;VT@:6YV97-T:6YG(&%C=&EV:71I97,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#$N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^4'5R8VAA<V5S(&]F
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R-2D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,C@W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@U
M-C`I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R
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M;VQO<CHC,#`P,#`P.R<@/E-A;&5S(&]F(&%V86EL86)L92UF;W(M<V%L92!I
M;G9E<W1M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C8X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,30W/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-#@\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#$N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#$N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^4&%Y9&]W;G,@
M86YD(&UA='5R:71I97,@;V8@879A:6QA8FQE+69O<BUS86QE(&EN=F5S=&UE
M;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(U,CPO9F]N=#X\+W1D/CQT
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M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/C$L,#,V/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E!U<F-H87-E<R!O9B!I;G9E
M<W1M96YT<R!A="!F86ER('9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C8V*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#0R*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C,T,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C@P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3,Y/"]F;VYT/CPO=&0^/"]T
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E-A
M;&5S+"!P87ED;W=N<R!A;F0@;6%T=7)I=&EE<R`H<'5R8VAA<V5S*2!O9B!S
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@R-#(I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^.30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,30\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^*%!A>6UE;G1S*2!P<F]C965D<R!F;W(@9&5R:79A=&EV92!S971T
M;&5M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#(V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@S,BD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,C`W*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,T,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E<F%L
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,30T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3(R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(X-2D\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^0V]N=')I8G5T:6]N<R!T;R!S=6)S:61I87)I97,L(&YE=#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(P
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D%D=F%N8V5S('1O('-U8G-I9&EA<FEE
M<RP@;F5T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0P+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,3(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^.3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ+#,S,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,3<N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S4S+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4S+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D-A<V@@9FQO=W,@9G)O;2!F:6YA
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M('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
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M0FQA8VL[;6EN+7=I9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y0<F]C965D<R!F<F]M(&EN=F5S=&UE;G0@86=R965M96YT
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M,C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-3PO9F]N=#X\+W1D/CQT9"!S
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M=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/C,Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E!R:6YC:7!A;"!P87ED;W=N<R!O9B!I
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M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(W-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-C<Y*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C,T,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@S
M,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-C,Y*3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,T,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0
M87EM96YT<R!F;W(@<F5T:7)E;65N="!O9B!D96)T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$X,"D\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^4&%Y;65N=',@9F]R(&%F9FEL:6%T92!L;V%N<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$U,RD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3DT*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q,#DI/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,S0Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E!U<F-H87-E<R!O9B!T<F5A<W5R>2!S
M=&]C:SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#,R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E)E<W1R:6-T960@<W1O8VL@87=A
M<F1S('-E='1L96UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M=&@Z-#`N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,3<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^3F5T(&-A<V@@<')O=FED960@*'5S960I(&)Y(&9I;F%N8VEN
M9R!A8W1I=FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,S(W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@T-C4I
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$L-3<U*3PO9F]N=#X\+W1D/CPO
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M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S4S+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I
M;F-R96%S92`H9&5C<F5A<V4I(&EN(&-A<V@@86YD(&-A<V@@97%U:79A;&5N
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M-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/B@T,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#0P*3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^0V%S:"!A;F0@8V%S:"!E<75I=F%L96YT<R`M(&)E9VEN
M;FEN9R!O9B!Y96%R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$S,CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-3,N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-3,N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V%S:"!A;F0@8V%S:"!E<75I=F%L96YT<R`M
M(&5N9"!O9B!Y96%R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,3<N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S4S+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4S+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]N8VEL:6%T:6]N(&]F(&YE="!I;F-O
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M('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
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M0FQA8VL[;6EN+7=I9'1H.C,T,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y.970@:6YC;VUE("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/C4V.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-3`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PR,S0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^061J=7-T;65N=',@=&\@
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M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M=#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;CH\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,3<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)C;VUP86YY(&%C8V]U;G1S
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M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/B@R-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,30I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#DI/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Q-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Q
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#=7)R96YT
M(&EN8V]M92!T87AE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^-S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,38\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%<75I='D@:6X@96%R;FEN9W,@;V8@
M<W5B<VED:6%R:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#0V,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@W-C(I/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D1I=FED96YD<R!F
M<F]M('-U8G-I9&EA<FEE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/C(R-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C8P/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#,N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;G9E<W1M96YT
M(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I
M<FUE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y.970@*&=A:6YS*2!L;W-S97,@;VX@9FEN86YC
M:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC
M:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,C0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$Q*3PO9F]N
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M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/C$Q.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!N970@<F5A;&EZ960@*&=A
M:6YS*2!L;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#,N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T,RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D1E9F5R<F5D(&EN8V]M92!T87@@
M8F5N969I=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q-S8I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(P-RD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-C$S*3PO9F]N=#X\+W1D/CPO='(^
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH1V%I;G,I(&QO<W-E<R!O
M;B!E>'1I;F=U:7-H;65N="!O9B!D96)T/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#0S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@
M;W!E<F%T:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C8R/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#,N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,T,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#,X,2D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3<I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$L,#,Q*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,3<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&-A<V@@<')O=FED960@*'5S
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ.#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(S,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C`S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,Q-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Q-RXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
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M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
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M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
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M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
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M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
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M;&]R.B,P,#`P,#`[)R`^5&AE(&-O;F1E;G-E9"!F:6YA;F-I86P@<W1A=&5M
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M;&]R.B,P,#`P,#`[)R`^8V]N<V]L:61A=&5D(&9I;F%N8VEA;"!S=&%T96UE
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M23PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.F-E;G1E<CMM87)G
M:6XM=&]P.C0N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F
M=#HP<'0[)R`^34))02!)3D,N("A005)%3E0@0T]-4$%.62D\+V9O;G0^/"]P
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M/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T
M.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MM87)G:6XM;&5F=#HP<'0[)R`^,2X@
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M('1H92!N;W1E<R!T:&5R971O+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT
M+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^5&AE(&%C=&EV:71I97,@;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.C$P<'0[)R`^97)A;"!U;F1E<B!I;G9E<W1M96YT(&%G<F5E;65N="!A;F0@
M9&5R:79A=&EV92!C;VYT<F%C=',N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
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M.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XR,#$T/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XL($U"24$@26YC+B!H860@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V9O;G0M=V5I9VAT.F)O;&0[;6%R9VEN+6QE9G0Z,'!T.R<@/C(N(%-I9VYI
M9FEC86YT($%C8V]U;G1I;F<@4&]L:6-I97,\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O
M='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^34))03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($EN
M8RX@*'1H92`F(S@R,C`[4&%R96YT($-O;7!A;GDF(S@R,C$[*2!C87)R:65S
M(&ET<R!I;G9E<W1M96YT<R!I;B!S=6)S:61I87)I97,@=6YD97(@=&AE(&5Q
M=6ET>2!M971H;V0N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M:7IE.C$P<'0[)R`^(')E=F5N=65S+"!E>'!E;G-E<RP@87-S971S+"!L:6%B
M:6QI=&EE<RP@;W(@<VAA<F5H;VQD97)S)B,X,C$W.R!E<75I='D@9F]R(&%L
M;"!P97)I;V1S('!R97-E;G1E9"X\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ
M,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG
M:'0Z8F]L9#MM87)G:6XM;&5F=#HP<'0[)R`^,RX@1&EV:61E;F1S(&9R;VT@
M4W5B<VED:6%R:65S/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/D1U<FEN9R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/C(P,30\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/BP@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y.871I;VYA
M;"!0=6)L:6,@1FEN86YC92!'=6%R86YT964@2&]L9&EN9W,L($EN8RX@9&5C
M;&%R960@86YD('!A:60@82!D:79I9&5N9"!O9B`D/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#XR,C`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
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M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3F%T:6]N86P@4'5B
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&EV:61E;F0@
M;V8@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C$T/"]F;VYT/CQF;VYT('-T
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3W!T:6YU:71Y/"]F;VYT/CQF;VYT
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O;G0^
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M.R<@/B!M:6QL:6]N('1O($U"24$@26YC+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^1'5R:6YG(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q
M,CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/DU"24$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!397)V:6-E<R!#;W)P
M;W)A=&EO;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^9&5C;&%R960@86YD('!A:60@9&EV:61E;F1S(&]F("0\+V9O
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M:7IE.C$P<'0[)R`^-CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@
M=&\@34))02!);F,N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@86YD($5U<F\@
M07-S970@06-Q=6ES:71I;VX@3&EM:71E9"!D96-L87)E9"!A;F0@<&%I9"!D
M:79I9&5N9',@;V8@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@=&\@34))02!);F,N(#PO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU
M<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.VUA<F=I;BUL969T.C!P=#LG(#XT
M+B!/8FQI9V%T:6]N<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT
M.F)O;&0[)R`^=6YD97(@26YV97-T;65N="!!9W)E96UE;G1S/"]F;VYT/CPO
M<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N-7!T
M.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/E1H92!I;G9E<W1M96YT(&%G<F5E
M;65N="!B=7-I;F5S<RP@87,@9&5S8W)I8F5D(&EN(&9O;W1N;W1E<R`R(&%N
M9"`Q/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
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M=F5S=&UE;G0@36%N86=E;65N="!#;W)P+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
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M.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[)R`^9"!#;VQL871E
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M=#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86=R965M96YT<R!A<'!R
M;WAI;6%T960@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XD/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#XR-SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6EL;&EO
M;B!A;F0@)#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C<P/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@;6EL;&EO;BP@<F5S<&5C=&EV96QY+B!4:&4@4&%R96YT
M($-O;7!A;GDF(S@R,3<[<R!C;VQL871E<F%L(&%S(&]F(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$
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M9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G=A<R!P<FEM87)I;'D@:&5L9"!W
M:71H(&UA:F]R(%4N4RX@8F%N:W,N($%D9&ET:6]N86QL>2P@=&AE(%!A<F5N
M="!#;VUP86YY('!L961G960@;6]N97D@;6%R:V5T('-E8W5R:71I97,@87,@
M8V]L;&%T97)A;"!U;F1E<B!I;G9E<W1M96YT(&%G<F5E;65N=',@:6X@=&AE
M(&%M;W5N="!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C(\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!M:6QL:6]N(&%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XR,#$T/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M86YD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,C`Q,SPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+"!R97-P96-T:79E;'DN/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y5;F1E<B!D93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<FEV
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M)R`^1&5C96UB97(@,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M:7IE.C$P<'0[)R`^(&UI;&QI;VX@=&\@9&5R:79A=&EV92!C;W5N=&5R<&%R
M=&EE<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^($%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^1&5C96UB97(@
M,S$L/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#XR,#$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL($U"24$@26YC+B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!L961G960@<V5C=7)I=&EE<R!W:71H
M(&$@9F%I<B!V86QU92!O9B`D/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XT,CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&UI;&QI;VX@=&\@9&5R:79A=&EV92!C
M;W5N=&5R<&%R=&EE<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+CPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU
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M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F
M=#HP<'0[)R`^069F:6QI871E(&QO86YS('!A>6%B;&4@8V]N<VES=',@;V8@
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=V5R
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!I;B!T=7)N+"!G=6%R86YT965D
M(&)Y($U"24$@0V]R<"X@1T9,(&QE;CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('1H92!P<F]C965D<R!O9B!T:&5S
M92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FUE9&EU;2UT97)M(&YO=&4@:7-S
M=6%N8V5S('1O($U"24$@26YC+CPO9F]N=#X\+W`^/"]D:78^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D
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M:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-
M"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0]
M,T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T
M97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E
M(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@
M("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14U%/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S
M<&%N/3-$,CX\<W1R;VYG/E-C:&5D=6QE($E6("T@4F5I;G-U<F%N8V4\8G(^
M/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A
M;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\
M8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M4W5P<&QE;65N=&%L(%-C:&5D=6QE(&]F(%)E:6YS=7)A;F-E(%!R96UI=6US
M(&9O<B!);G-U<F%N8V4@0V]M<&%N:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4W5P<&QE;65N=&%L
M(%-C:&5D=6QE(&]F(%)E:6YS=7)A;F-E(%!R96UI=6US(&9O<B!);G-U<F%N
M8V4@0V]M<&%N:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-#2$5$54Q%($E6/"]F;VYT
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M9'1H.C0S.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y-0DE!($E.0RX@04Y$(%-50E-)1$E!4DE%4SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3%P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#$U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#,X
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,SAP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4D5)3E-54D%.0T4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/EEE87)S($5N9&5D($1E8V5M8F5R(#,Q+"`R,#$T+"`R,#$S(&%N9"`R,#$R
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M;6EN+7=I9'1H.C0S.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*$EN(&UI;&QI;VYS*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-3%P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW.'!T.W1E
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3%P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW.'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQU;6X@
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQU;6X@0CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O;'5M;B!#/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4V+C(U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0V]L=6UN($0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#;VQU;6X@13PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$W+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O;'5M;B!&/"]F;VYT/CPO=&0^/'1D
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M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^07-S=6UE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y&<F]M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7)E8W0\
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#961E9"!T;SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4V+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^07-S=6UE9#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-3%P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M(%=R:71T96X\+V9O;G0^
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M.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06UO=6YT/"]F;VYT/CPO=&0^/'1D
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M:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^3W1H97)S/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^0V]M<&%N:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^06UO=6YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G1O($YE=#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-3%P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(P
M,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#(P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M
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M.7!T.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#`I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#$I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM,B4\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/C$R)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@
M/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^
M#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?
M83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B
M93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S
M+U-H965T,S4N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O
M=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S
M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@
M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M
M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R
M:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE
M;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C
M;&%S<STS1')E<&]R="!I9#TS1$E$,$4U14%%/@T*("`@("`@/'1R/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\
M<W1R;VYG/E-I9VYI9FEC86YT($%C8V]U;G1I;F<@4&]L:6-I97,@*%!O;&EC
M:65S*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S
M,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F%S:7,@;V8@4')E<V5N=&%T
M:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN
M+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF
M;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T
M.C!P=#LG(#Y"87-I<R!O9B!0<F5S96YT871I;VX\+V9O;G0^/"]P/CQP('-T
M>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN
M+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^5&AE(&-O;G-O;&ED871E9"!F:6YA;F-I86P@
M<W1A=&5M96YT<R!H879E(&)E96X@<')E<&%R960@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YI;B!A8V-O<F1A;F-E('=I=&@@86-C;W5N=&EN9R!P<FEN8VEP
M;&5S(&=E;F5R86QL>2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871E<R!O
M9B!!;65R:6-A("@F(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y'04%0
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[*3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+B!4:&4@<')E<&%R871I;VX@;V8@9FEN86YC:6%L('-T871E
M;65N=',@:6X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YC;VYF;W)M:71Y('=I
M=&@@1T%!4"!R97%U:7)E<R!M86YA9V5M96YT('1O(&UA:V4@97-T:6UA=&5S
M(&%N9"!A<W-U;7!T:6]N<R!T:&%T(&%F9F5C="!T:&4@<F5P;W)T960@86UO
M=6YT<R!O9B!A<W-E=',@86YD(&QI86)I;&ET:65S(&%N9"!D:7-C;&]S=7)E
M<R!O9B!C;VYT:6YG96YT(&%S<V5T<R!A;F0@;&EA8FEL:71I97,@870@=&AE
M(&1A=&4@;V8@=&AE(&9I;F%N8VEA;"!S=&%T96UE;G1S+"!A;F0@=&AE(')E
M<&]R=&5D(&%M;W5N=',@;V8@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YR979E
M;G5E<R!A;F0@97AP96YS97,@9'5R:6YG('1H92!R97!O<G1I;F<@<&5R:6]D
M+B!!8W1U86P@<F5S=6QT<R!C;W5L9"!D:69F97(@9G)O;2!T:&]S92!E<W1I
M;6%T97,N($%S(&%D9&ET:6]N86P@:6YF;W)M871I;VX@8F5C;VUE<R!A=F%I
M;&%B;&4@;W(@86-T=6%L(&%M;W5N=',@8F5C;VUE(&1E=&5R;6EN86)L92P@
M=&AE(')E8V]R9&5D(&5S=&EM871E<R!A<F4@<F5V:7-E9"!A;F0@<F5F;&5C
M=&5D(&EN(&]P97)A=&EN9R!R97-U;'1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T
M=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/"]P/CPO9&EV
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0V]N<V]L:61A=&EO;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.RD\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/BX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T
M.R<@/E9O=&EN9R!I;G1E<F5S="!E;G1I=&EE<R!A<F4@96YT:71I97,@:6X@
M=VAI8V@@*&DI)B,Q-C`[=&AE('1O=&%L(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^97%U:71Y(&EN=F5S=&UE;G0@870@<FES:R!I<R!S=69F:6-I96YT('1O
M(&5N86)L92!A;B!E;G1I='D@=&\@9FEN86YC92!I=',@86-T:79I=&EE<R!I
M;F1E<&5N9&5N=&QY(&%N9"`H:6DI)B,Q-C`[=&AE(&5Q=6ET>2!H;VQD97)S
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M;GD@:&%S(&$@;6%J;W)I='D@=F]T:6YG(&EN=&5R97-T+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R
M9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^5DE%<R!A<F4@96YT:71I97,@=&AA="!L
M86-K(&]N92!O<B!M;W)E(&]F('1H92!C:&%R86-T97)I<W1I8W,@;V8@82!V
M;W1I;F<@:6YT97)E<W0@96YT:71Y+B!4:&4@8V]N<V]L:61A=&EO;B!O9B!A
M(%9)12!I<R!R97%U:7)E9"!I9B!A;B!E;G1I='D@:&%S(&$@=F%R:3PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^86)L92!I;G1E<F5S="`H<W5C:"!A<R!A;B!E
M<75I='D@;W(@9&5B="!I;G9E<W1M96YT+"!A(&)E;F5F:6-I86P@:6YT97)E
M<W0L(&$@9W5A<F%N=&5E+"!A('=R:71T96X@<'5T(&]P=&EO;B!O<B!A('-I
M;6EL87(@;V)L:6=A=&EO;BD@86YD('1H870@=F%R:6%B;&4@:6YT97)E<W0@
M;W(@:6YT97)E<W1S(&=I=F4@:70@82!C;VYT<F]L;&EN9R!F:6YA;F-I86P@
M:6YT97)E<W0@:6X@=&AE(%9)12X@02!C;VYT<F]L;&EN9R!F:6YA;F-I86P@
M:6YT93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<F5S="!I<R!P<F5S96YT('=H
M96X@86X@96YT97)P<FES92!H87,@8F]T:"`H82DF(S$V,#MT:&4@<&]W97(@
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M87)Y(&)E;F5F:6-I87)Y+B!2969E<B!T;R`F(S@R,C`[/"]F;VYT/CQF;VYT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&4@0V]M
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M969T.VQI;F4M:&5I9VAT.C$R<'0[(#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L
M:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G1S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T
M;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW
M96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[
M)R`^26YV97-T;65N=',\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@
M/E1H92!#;VUP86YY(&-L87-S:69I97,@:71S(&EN=F5S=&UE;G1S(&%S(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^879A:6QA8FQE+69O<BUS86QE("@F(S@R
M,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!1E,F(S@R,C$[*3PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^+"!H96QD+71O+6UA='5R:71Y/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@*"8C.#(R,#M(5$TF(S@R,C$[*3PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^+"!O<B!T<F%D:6YG+B!!/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#Y&4SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&EN=F5S=&UE;G1S(&%R92!R
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^*"8C.#(R,#M!3T-))B,X,C(Q.RD@/"]F;VYT/CQF;VYT
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M86YC92!S:&5E="`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%T(&9A:7(@=F%L
M=64@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA;F0@8VAA;F=E<R`\+V9O;G0^
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M9F]N="US:7IE.C$P<'0[)R`^("8C.#(R,#M.970@9V%I;G,@*&QO<W-E<RD@
M;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O
M<F5I9VX@97AC:&%N9V4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BXF(S@R,C$[
M($EN=F5S=&UE;G1S(&-A<G)I960@870@9F%I<B!V86QU92!A<F4@8VQA<W-I
M9FEE9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M.C$P<'0[)R`^:&5L9"!A<R!!1E,@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
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M,3!P=#LG(#YE971S(&%T(&%M;W)T:7IE9"!C;W-T+B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5B="!S96-U<FET
M:65S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87)E(&-L87-S:69I960@87,@
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M86X[9F]N="US:7IE.C$P<'0[)R`^=F4@>6EE;&0@;65T:&]D(&]V97(@=&AE
M(')E;6%I;FEN9R!T97)M(&]F('1H92!S96-U<FET:65S/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#X@86YD(')E<&]R=&5D(&EN("8C.#(R,#M.970@:6YV97-T
M;65N="!I;F-O;64N)B,X,C(Q.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^($9O
M<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FUO<G1G86=E+6)A8VME9"!S96-U
M<FET:65S("@F(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&1I<V-O=6YT<R!A;F0@<')E;6EU;7,@87)E(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^86UO<G1I>F5D('5S:6YG('1H92`\+V9O
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M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;&EN92UH96EG:'0Z,3)P
M=#L@/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VQI;F4M
M:&5I9VAT.C$R<'0[(#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG
M:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G
M:6XM;&5F=#HP<'0[)R`^3W1H97(M5&AA;BU496UP;W)A<GD@26UP86ER;65N
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M871I;VYS(')E9FQE8W0@=&AE(&9U;&P@:6UP86ER;65N="`H=&AE(&1I9F9E
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M9B!T:&4@86UO<G1I>F5D(&-O<W0@8F%S:7,N($9O<B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/D%&4SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%N9"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/DA433PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^="!O9B!T
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^04]#
M23PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!N970@;V8@87!P;&EC86)L92!D
M969E<G)E9"!I;F-O;64@=&%X97,N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T
M.C!P=#LG(#Y4:&4@0V]M<&%N>28C.#(Q-SMS(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^0493/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@86YD(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^2%1-/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
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M;R`H82DF(S$V,#MT:&4@;6%G;FET=61E(&%N9"!D=7)A=&EO;B!O9B!T:&4@
M9&5C;&EN92P@*&(I)B,Q-C`[8W)E9&ET(&EN9&EC871O<G,@86YD)B,Q-C`[
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M+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D-A<V@L($-A<V@@17%U:79A;&5N=',@86YD($-O
M;&QA=&5R86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=VET:#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&)A;FMS('=I=&@@;W)I9VEN86P@;6%T=7)I=&EE<R!O
M9B!L97-S('1H86X@.3`@9&%Y<RX\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ
M,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\+W`^/"]D:78^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$969E<G)E9"!0
M;VQI8WD@06-Q=6ES:71I;VX@0V]S=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y
M;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y!8W%U:7-I=&EO;B!#;W-T
M<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N
M>2!C87!I=&%L:7IE<R!A;F0@9&5F97)S(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^86-Q=6ES:71I;VX@8V]S=',@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT
M:&%T(&%R92!D:7)E8W1L>2!R96QA=&5D('1O('1H92!S=6-C97-S9G5L(&%C
M<75I<VET:6]N(&]F(&YE=R!O<B!R96YE=V%L(&EN<W5R86YC92!B=7-I;F5S
M<RX@03PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8W%U:7-I=&EO;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&-O<W1S(&%R92!C;W-T<R!T;R!A8W%U:7(\+V9O
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M<'0[)R`^960@:6X@=6YD97)W<FET:6YG+"!C97)T86EN(')A=&EN9R!A9V5N
M8WD@9F5E<RP@<W1A=&4@<')E;6EU;2!T87AE<R!A;F0@8V5R=&%I;B!O=&AE
M<B!U;F1E<G=R:71I;F<@97AP96YS97,L(')E9'5C960@8GD@8V5D:6YG(&-O
M;6UI<W-I;VX@:6YC;VUE(&]N('!R96UI=6US(&-E9&5D('1O(')E:6YS=7)E
M<G,N(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^03PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^8W%U:7-I=&EO;B!C;W-T<R!A;'-O(&EN8VQU9&4@8V5D:6YG(&-O
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M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')O<&5R='D@86YD
M($5Q=6EP;65N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I
M=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P
M=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R
M9VEN+6QE9G0Z,'!T.R<@/E!R;W!E<G1Y(&%N9"!%<75I<&UE;G0\+V9O;G0^
M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU
M<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^4')O<&5R='D@86YD(&5Q=6EP
M;65N="!C;VYS:7-T<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M="US:7IE.C$P<'0[)R`^+B!!;&P@<')O<&5R='D@86YD(&5Q=6EP;65N="`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FAE;&0@9F]R('5S92`\+V9O;G0^/&9O
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M('1H92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D-O;7!A;GDF(S@R,3<[<R!B
M86QA;F-E('-H965T(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^86YD(&%N>2!G
M86EN(&]R(&QO<W,@;VX@9&ES<&]S:71I;VX@:7,@<F5C;V=N:7IE9"`\+V9O
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M="!O9B`F(S@R,C`[3W1H97(@;F5T(')E86QI>F5D(&=A:6YS("AL;W-S97,I
M+B8C.#(R,3L@36%I;G1E;F%N8V4@86YD(')E<&%I<G,@87)E(&-H87)G960@
M=&\@8W5R<F5N="!E87)N:6YG<R!A<R!I;F-U<G)E9"X\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I
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M<GEI;F<@=F%L=64@;V8@86X@87-S970@;W(@87-S970@9W)O=7`L(&ES(')E
M8V]G;FEZ960@:68@=&AE('-U;2!O9B!T:&4@97AP96-T960@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YU;F1I<V-O=6YT960@8V%S:"!F;&]W<R!R96QA=&EN
M9R!T;R!T:&4@87-S970@;W(@87-S970@9W)O=7`@:7,@;&5S<R!T:&%N('1H
M92!C;W)R97-P;VYD:6YG(&-A<G)Y:6YG('9A;'5E+CPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN
M+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^5&AE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M0V]M<&%N>28C.#(Q-SMS(&5S=&EM871E9"!R96UA:6YI;F<@=V5I9VAT960@
M879E<F%G92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G5S969U;"!L:79E<R!O
M9B!E86-H(&-L87-S(&]F(&%S<V5T<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/FAE;&0@9F]R('5S92!A<R!O9B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/D1E
M8V5M8F5R(#,Q+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^,C`Q-#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&%R93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(&%S(&9O;&QO=W,Z/"]F;VYT/CPO<#X\
M+V1I=CX\9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL
M87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQE87-E:&]L
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-2!Y96%R<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1G5R;FET=7)E(&%N9"!F:7AT=7)E<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C8@>65A<G,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XT('EE87)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,38R<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB
M;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP
M<'0[)R`^1&5R:79A=&EV97,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA
M;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[
M;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP
M<'0[)R`^34))02!H87,@96YT97)E9"!I;G1O(&1E<FEV871I=F4@=')A;G-A
M8W1I;VYS(&%S(&$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FX@83PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;'1E<FYA=&EV92`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F9O<FT@;V8@9FEN86YC:6%L(&=U87)A;G1E92!A;F0@9F]R('!U<G!O
M<V5S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;6%N86=I;F<\+V9O;G0^
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M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A="!F86ER('9A;'5E(&]N('1H92`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F-O;G-O;&ED871E9"`\+V9O;G0^/&9O
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M,3!P=#LG(#YA;F0@8VAA;F=E<R!I;B!F86ER('9A;'5E(&%R92`\+V9O;G0^
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M,3!P=#LG(#XF(S@R,C`[3CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^970@9V%I
M;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YI<B!V86QU92!A;F0@9F]R96EG;B!E>&-H
M86YG93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&]R(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(P
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M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
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M)R`^<F5Q=6ER/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE9#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&)I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YS=')U;65N=',@:6YC;'5D960@
M8V5R=&%I;B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FUE9&EU;2UT97)M(&YO
M=&5S("@F(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y-5$YS/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#XF(S@R,C$[*3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(&%N9"!C97)T86EN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0493/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@<V5C=7)I=&EE<RX@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#Y4:&4@0V]M<&%N>2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F5L96-T960@=&\@9F%I<B!V86QU92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/G1H97-E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:'EB<FED(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9FEN86YC/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI
M86P@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YI;G-T<G5M96YT<R`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/F=I=F5N('1H92!C;VUP;&5X:71Y(&]F(&)I9G5R
M8V%T:6YG('1H92!E;6)E9&1E9"!D97)I=F%T:79E<RX\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I
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M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.R!F;W(@82!F=7)T:&5R(&1I
M<V-U<W-I;VX@;V8@=&AE($-O;7!A;GDF(S@R,3<[<R!U<V4@;V8@9&5R:79A
M=&EV97,@86YD('1H96ER(&EM<&%C="!O;B!T:&4@0V]M<&%N>28C.#(Q-SMS
M(&-O;G-O;&ED871E9"!F:6YA;F-I86P@<W1A=&5M96YT<R!A;F0@)B,X,C(P
M.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3F]T92`W.B!&86ER(%9A;'5E(&]F
M($9I;F%N8VEA;"!);G-T<G5M96YT<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M)B,X,C(Q.R!F;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<B!D97)I=F%T:79E
M('9A;'5A=&EO;B!T96-H;FEQ=65S(&%N9"!F86ER('9A;'5E(&1I<V-L;W-U
M<F5S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D]F9G-E='1I;F<@;V8@1F%I<B!686QU92!!
M;6]U;G1S(%)E;&%T960@=&\@1&5R:79A=&EV92!);G-T<G5M96YT<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I
M9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@
M/D]F9G-E='1I;F<@;V8@1F%I<B!686QU92!!;6]U;G1S(%)E;&%T960@=&\@
M1&5R:79A=&EV92!);G-T<G5M96YT<SPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&$@;F5T(&)A<VES(&EN('1H
M92!C;VYS;VQI9&%T960@8F%L86YC92!S:&5E=',N($%C8W)U960@<F5C96EV
M86)L97,@86YD(&%C8W)U960@<&%Y86)L97,@=VAI8V@@;65E="!T:&4@;V9F
M<V5T=&EN9R!C<FET97)I82!A<F4@;F5T=&5D('-E<&%R871E;'D@9G)O;2!T
M:&4@9&5R:79A=&EV92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%M;W5N=',\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@
M/F%N9"!R97!O<G1E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FEN(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^)B,X,C(P.T\\+V9O;G0^/&9O;G0@<W1Y;&4]
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^($-A<V@@8V]L;&%T97)A;"!I<R!O9F9S970@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YA9V%I;G-T(&%M;W5N=',@<F5C;V=N:7IE
M9"!A<R!D97)I=F%T:79E(&QI86)I;&ET:65S(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^86YD('1H92!R96QA=&5D(&%C8W)U960@:6YT97)E<W0@/"]F;VYT
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M.C$P<'0[)R`^)B,X,C(Q.R!F;W(@=&AE(&EM<&%C="!O9B`\+V9O;G0^/&9O
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M=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/"]P/CPO
M9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1F%I<B!686QU92!-96%S=7)E;65N=',@+2!$969I;FET:6]N(&%N
M9"!(:65R87)C:'D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD
M:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU
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M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O
M='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^26X@9&5T97)M:6YI;F<@9F%I<B!V86QU92P@=&AE
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M<R!A<R!F;VQL;W=S.CPO9F]N=#X\+W`^/'5L/CQL:2!S='EL93TS1&QI<W0M
M<W1Y;&4Z9&ES8SMT97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM
M87)G:6XM8F]T=&]M.C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y,979E;"`Q)B,X
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M;"`Q(&EN<'5T<R!G96YE<F%L;'D@:6YC;'5D92!5+E,N(%1R96%S=7)I97,L
M(&9O<F5I9VX@9V]V97)N;65N="!B;VYD<RP@;6]N97D@;6%R:V5T('-E8W5R
M:71I97,@86YD(&-E<G1A:6X@8V]R<&]R871E(&]B;&EG871I;VYS('1H870@
M87)E(&AI9VAL>2!L:7%U:60@86YD(&%C=&EV96QY('1R861E9"X\+V9O;G0^
M/"]L:3X\;&D@<W1Y;&4],T1L:7-T+7-T>6QE.F1I<V,[=&5X="UA;&EG;CIL
M969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^3&5V96P@,B8C.#(Q,CM686QU871I;VYS(&)A<V5D(&]N
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F=E+71R861E9"!I;G-T<G5M
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=F%B;&4@;6%R
M:V5T(&1A=&$N(#PO9F]N=#X\+VQI/CQL:2!S='EL93TS1&QI<W0M<W1Y;&4Z
M9&ES8SMT97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM
M8F]T=&]M.C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y,979E;"`S)B,X,C$R.U9A
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;'5E(&ES(&1E=&5R;6EN960@=7-I
M;F<@<')I8VEN9R!M;V1E;',L(&1I<V-O=6YT960@8V%S:"!F;&]W(&UE=&AO
M9&]L;V=I97,L(&]R('-I;6EL87(@=&5C:&YI<75E<RP@87,@=V5L;"!A<R!I
M;G-T<G5M96YT<R!F;W(@=VAI8V@@=&AE(&1E=&5R;6EN871I;VX@;V8@9F%I
M<B!V86QU92!R97%U:7)E<R!S:6=N:69I8V%N="!M86YA9V5M96YT(&IU9&=M
M96YT(&]R(&5S=&EM871I;VXN(#PO9F]N=#X\+VQI/CPO=6P^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^5&AE(&QE=F5L(&]F(&%C=&EV:71Y(&EN(&$@;6%R:V5T
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M8W1I=F4@;6%R:V5T.CPO9F]N=#X\+W`^/'5L/CQL:2!S='EL93TS1&QI<W0M
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M969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^<')I8V4@<75O=&5S(&%M;VYG(&1E86QE<G,@9&\\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/B!N;W0@=F%R>2!S:6=N:69I8V%N=&QY(&]V
M97(@=&EM93L@86YD/"]F;VYT/CPO;&D^/&QI('-T>6QE/3-$;&ES="US='EL
M93ID:7-C.W1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C0N-7!T.VUA<F=I
M;BUB;W1T;VTZ,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-U9F9I8VEE;G0@:6YF
M;W)M871I;VX@<F5L979A;G0@=&\@=F%L=6%T:6]N(&ES('!U8FQI8VQY(&%V
M86EL86)L92X\+V9O;G0^/"]L:3X\+W5L/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M
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M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I
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M="US:7IE.C$P<'0[)R`^+"!T:&4@0V]M<&%N>28C.#(Q-SMS(&]W;B!A<W-U
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:6YG('!E<FEO9',@;V8@
M;6%R:V5T(&1I<VQO8V%T:6]N+B!);B!P97)I;V1S(&]F(&UA<FME="!D:7-L
M;V-A=&EO;BP@=&AE(&]B<V5R=F%B:6QI='D@;V8@<')I8V5S(&%N9"!I;G!U
M=',@;6%Y(&)E(')E9'5C960@9F]R(&UA;GD@:6YS=')U;65N=',N(%1H:7,@
M8V]N9&ET:6]N(&-O=6QD(&-A=7-E(&%N(&EN<W1R=6UE;G0@=&\@8F4@<F5C
M;&%S<VEF:65D(&9R;VT@3&5V96P@,2!T;R!,979E;"`R(&]R(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^9G)O;2`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M=&EE<R!W:&5N(&UE87-U<FEN9R!F86ER('9A;'5E+CPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN
M+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM
M87)G:6XM;&5F=#HP<'0[)R`^4F5F97(@=&\@)B,X,C(P.SPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^3F]T92`W.B!&86ER(%9A;'5E(&]F($9I;F%N8VEA;"!)
M;G-T<G5M96YT<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(Q.R!F;W(@
M861D:71I;VYA;"!F86ER('9A;'5E(&1I<V-L;W-U<F5S+CPO9F]N=#X\+W`^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[
M;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CPO<#X\+V1I
M=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DQO<W,@86YD($QO<W,@061J=7-T;65N="!%>'!E;G-E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\<"!S='EL93TS1'1E>'0M
M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P
M=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT
M.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/DQO
M<W,@86YD($QO<W,@061J=7-T;65N="!%>'!E;G-E<SPO9F]N=#X\+W`^/'`@
M<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G
M:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>2!R96-O9VYI>F5S(&QO
M<W,@<F5S93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<G9E<R!O;B!A(&-O;G1R
M86-T+6)Y+6-O;G1R86-T(&)A<VES('=H96X@=&AE('!R97-E;G0@=F%L=64@
M;V8@97AP96-T960@;F5T(&-A<V@@;W5T9FQO=W,@=&\@8F4@<&%I9"!U;F1E
M<B!T:&4@8V]N=')A8W0@9&ES8V]U;G1E9"!U<VEN9R!A(')I<VLM9G)E92!R
M871E(&%S(&]F('1H92!M96%S=7)E;65N="!D871E(&5X8V5E9',@=&AE('5N
M96%R;F5D('!R96UI=6T@<F5V96YU92X@02`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FQO<W,@<F5S97)V92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M96YT(&-H86YG97,@=&\@=&AE(&UE87-U<F5M96YT(&]F('1H92`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FQO<W,@<F5S97)V97,@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YA<F4@<F5C;V=N:7IE9"!A<R`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M<'0[)R`^96YT(&%N9"!R96-O9VYI=&EO;B!O9B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/FQO<W,@<F5S97)V93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%R92`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M82`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FQO<W,@<F5S97)V92`\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FES(&EN8VQU9&5D(&EN(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^;&]S<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&5X<&5N<V4N
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>2!R
M96-O9VYI>F5S('!O=&5N=&EA;"!R96-O=F5R:65S(&]N('!A:60@8VQA:6US
M(&)A<V5D(&]N('!R;V)A8FEL:71Y+7=E:6=H=&5D(&YE="!C87-H(&EN9FQO
M=W,@<')E<V5N="!V86QU960@870@87!P;&EC86)L92!R:7-K/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#XM9G)E92!R871E<R!A<R!O9B!T:&4@;65A<W5R96UE
M;G0@9&%T92X@4W5C:"!A;6]U;G1S(&%R92!R97!O<G1E9"!W:71H:6X@)B,X
M,C(P.TEN<W5R86YC92!L;W-S(')E8V]V97)A8FQE)B,X,C(Q.R!O;B!T:&4@
M0V]M<&%N>28C.#(Q-SMS(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T<RX@
M5&\@=&AE(&5X=&5N="!T:&4@0V]M<&%N>2!H860@<F5C;W)D960@<&]T96YT
M:6%L(')E8V]V97)I97,@:6X@:71S(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M;&]S<R!R97-E<G9E<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G!R979I;W5S
M('1O(&$@8VQA:6T@<&%Y;65N=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^+"!S
M=6-H(')E8V]V97)I97,@87)E(')E8VQA<W-I9FEE9"!T;R`F(S@R,C`[26YS
M=7)A;F-E(&QO<W,@<F5C;W9E<F%B;&4F(S@R,C$[('5P;VX@<&%Y;65N="!O
M9B!T:&4@<F5L871E9"!C;&%I;2!A;F0@<F5M96%S=7)E9"!E86-H(')E<&]R
M=&EN9R!P97)I;V0N/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ
M;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4
M:&4@0V]M<&%N>28C.#(Q-SMS(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;&]S
M<R!R97-E<G9E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XL(&EN<W5R86YC92!L
M;W-S(')E8V]V97)A8FQE+"!A;F0@86-C<G5A;',@9F]R(#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@*"8C.#(R,#L\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/DQ!13PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^)B,X,C(Q.RD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!I;F-U<G)E9"!A
M<F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!D:7-C;&]S960@:6X@)B,X,C(P
M.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3F]T92`V.B!,;W-S(&%N9"!,;W-S
M($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^+B8C.#(R,3L\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\+W`^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$96)T/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG
M;CIL969T.VUA<F=I;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI
M;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L
M9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^26YV97-T
M;65N="!!9W)E96UE;G1S(&%N9"!-961I=6TM5&5R;2!.;W1E<SPO9F]N=#X\
M+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P
M=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&9O<B!C97)T
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M96YS92!B87-E9"`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]N(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^=&AE(&5F9F5C=&EV93PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^('EI96QD(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;65T:&]D/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#XN/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E
M>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T=&]M
M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M960@9&ES8V]U;G1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N
M.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN
M92UH96EG:'0Z,3)P=#L@/CPO<#X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I;F%N8VEA;"!'=6%R86YT
M964@26YS=7)A;F-E(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,3,N-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE
M.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^1FEN86YC:6%L($=U87)A;G1E
M92!);G-U<F%N8V4@4')E;6EU;7,\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X
M="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HP
M<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE
M.FET86QI8SMM87)G:6XM;&5F=#HP<'0[)R`^56YE87)N960@4')E;6EU;2!2
M979E;G5E(&%N9"!296-E:79A8FQE(&9O<B!&=71U<F4@4')E;6EU;7,\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z
M-"XU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^5&AE($-O;7!A;GD@<F5C
M;V=N:7IE<R!A(&QI86)I;&ET>2!F;W(@=6YE87)N960@<')E;6EU;2!R979E
M;G5E/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@870@=&AE(&EN8V5P=&EO;B!O
M9B!F:6YA;F-I86P@9W5A<F%N=&5E(&EN<W5R86YC92!A;F0@<F5I;G-U<F%N
M8V4@8V]N=')A8W1S(&]N(&$@8V]N=')A8W0M8GDM8V]N=')A8W0@8F%S:7,N
M(%5N96%R;F5D('!R96UI=6T@<F5V96YU92!R96-O9VYI>F5D(&%T(&EN8V5P
M=&EO;B!O9B!A(&-O;G1R86-T(&ES(&UE87-U<F5D(&%T('1H92!P<F5S96YT
M('9A;'5E(&]F('1H92!P<F5M:75M(&1U92X@1F]R(&UO<W0@9FEN86YC:6%L
M(&=U87)A;G1E92!I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN<W5R86YC92!C
M;VYT<F%C=',L('1H92!#;VUP86YY(')E8V5I=F5S('1H92!E;G1I<F4@<')E
M;6EU;2!D=64@870@=&AE(&EN8V5P=&EO;B!O9B!T:&4@8V]N=')A8W0L(&%N
M9"!R96-O9VYI>F5S('5N96%R;F5D('!R96UI=6T@<F5V96YU92!L:6%B:6QI
M='D@870@=&AA="!T:6UE+B!&;W(@8V5R=&%I;B!O=&AE<B!F:6YA;F-I86P@
M9W5A<F%N=&5E(&-O;G1R86-T<RP@=&AE($-O;7!A;GD@<F5C96EV97,@<')E
M;6EU;7,@:6X@:6YS=&%L;&UE;G1S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M;W9E<B!T:&4@=&5R;2!O9B!T:&4@8V]N=')A8W0N(%5N96%R;F5D('!R96UI
M=6T@<F5V96YU92!A;F0@82!R96-E:79A8FQE(&9O<B!F=71U<F4@<')E;6EU
M;7,@87)E(')E8V]G;FEZ960@870@=&AE(&EN8V5P=&EO;B!O9B!A;B!I;G-T
M86QL;65N="!C;VYT<F%C="P@86YD(&UE87-U<F5D(&%T('1H92!P<F5S96YT
M('9A;'5E(&]F('!R96UI=6US(&5X<&5C=&5D('1O(&)E(&-O;&QE8W1E9"!O
M=F5R('1H92!C;VYT<F%C="!P97)I;V0@;W(@97AP/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YE8W1E9"!P97)I;V0@=7-I;F<@82!R:7-K+69R964@9&ES8V]U
M;G0@<F%T92X@5&AE(&5X<&5C=&5D('!E<FEO9"!I<R!U<V5D(&EN('1H92!P
M<F5S96YT('9A;'5E(&1E=&5R;6EN871I;VX@;V8@=6YE87)N960@<')E;6EU
M;2!R979E;G5E(&%N9"!R96-E:79A8FQE(&9O<B!F=71U<F4@<')E;6EU;7,@
M9F]R(&-O;G1R86-T<R!W:&5R92`H82DF(S$V,#MT:&4@:6YS=7)E9"!O8FQI
M9V%T:6]N(&ES(&-O;G1R86-T=6%L;'D@<')E<&%Y86)L92P@*&(I)B,Q-C`[
M<')E<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^87EM96YT<R!A<F4@<')O8F%B
M;&4L("AC*28C,38P.W1H92!A;6]U;G0@86YD('1I;6EN9R!O9B!P<F5P87EM
M96YT<R!A<F4@<F5A<V]N86)L>2!E<W1I;6%B;&4L(&%N9"`H9"DF(S$V,#MA
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M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M3F]T92`U.B!);G-U<F%N8V4@4')E;6EU;7,\+V9O;G0^/&9O;G0@<W1Y;&4]
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F<@
M97AP96YS92P@86YD(&1I<V-L;W-E<R!T:&4@86UO=6YT(')E8V]G;FEZ960@
M:6X@)B,X,C(P.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^3F]T92`U.B!);G-U
M<F%N8V4@4')E;6EU;7,\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BXF(S@R,C$[
M($%S('!R96UI=6T@<F5V96YU92!I<R!R96-O9VYI>F5D+"!T:&4@=6YE87)N
M960@<')E;6EU;2!R979E;G5E(&QI86)I;&ET>2!I<R!R961U8V5D+CPO9F]N
M=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ
M,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP<'0[
M)R`^4')E;6EU;2!2979E;G5E(%)E8V]G;FET:6]N/"]F;VYT/CPO<#X\<"!S
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M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HY<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^06X@:7-S=65R(&]F(&%N
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M=F5N=64@:&%S(&)E96X@8V]L;&5C=&5D+CPO9F]N=#X\+W`^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HY<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM
M;&5F=#HP<'0[)R`^3F]N+7)E9G5N9&%B;&4@8V]M;6ET;65N="!F965S(&%R
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M.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1F5E(&%N9"!296EM8G5R<V5M96YT(%)E=F5N=64@4F5C
M;V=N:71I;VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^
M/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[
M;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I
M;BUL969T.C!P=#LG(#Y&964@86YD(%)E:6UB=7)S96UE;G0@4F5V96YU92!2
M96-O9VYI=&EO;CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE
M9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE
M:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4
M:&4@0V]M<&%N>2!C;VQL96-T<R!I;G-U<F%N8V4@<F5L871E9"!F965S(&9O
M<B!S97)V:6-E<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^('!E<F9O<FUE9"!I
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<R!R
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M<'0[)R`^<F4@8V]M<&QE=&5D(&%N9"!T:&4@9F5E(&ES(')E8V5I=F5D+B`\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G
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M;G0M<VEZ93HQ,'!T.R<@/F5M96YT+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T
M97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O
M;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CPO<#X\+V1I=CX\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-T;V-K+4)A
M<V5D($-O;7!E;G-A=&EO;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/&1I=CX\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P
M.C$S+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V9O;G0M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L
M:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/E-T;V-K+4)A<V5D($-O;7!E;G-A=&EO
M;CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HT+C5P=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N
M>2!R96-O9VYI>F5S(&EN(&5A<FYI;F=S(&%L;"!S=&]C:RUB87-E9"!P87EM
M96YT('1R86YS86-T:6]N<R!A="!T:&4@9F%I<B!V86QU92!O9B!T:&4@<W1O
M8VLM8F%S960@8V]M<&5N<V%T:6]N('!R;W9I9&5D+B!2969E<B!T;R`F(S@R
M,C`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
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M.R`^/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1F]R96EG;B!#=7)R96YC>2!4<F%N<VQA=&EO;CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C$S+C5P=#MM87)G:6XM8F]T
M=&]M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M
M=V5I9VAT.F)O;&0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T
M.R<@/D9O<F5I9VX@0W5R<F5N8WD@5')A;G-L871I;VX\+V9O;G0^/"]P/CQP
M('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU<'0[;6%R
M9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MM87)G:6XM;&5F=#HP<'0[)R`^1FEN86YC:6%L('-T871E;65N="!A<W-E
M=',@86YD(&QI86)I;&ET:65S(&1E;F]M:6YA=&5D(&EN(&9O<F5I9VX@8W5R
M<F5N8VEE<R!A<F4@=')A;G-L871E9"!I;G1O(%4N4RX@9&]L;&%R<R!G96YE
M<F%L;'D@=7-I;F<@<F%T97,@;V8@97AC:&%N9V4@<')E=F%I;&EN9R`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F%S(&]F(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^=&AE(&)A;&%N8V4@<VAE970@9&%T92X@3SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<&5R871I;F<@<F5S=6QT<R!A<F4@=')A;G-L871E9"!A="!A=F5R
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M="US:7IE.C$P<'0[)R`^<B!T:&%N('1H92!5+E,N(&1O;&QA<BP@87)E(&EN
M8VQU9&5D(&EN(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^)B,X,C(P.T$\+V9O
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M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,3,N
M-7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\+W`^
M/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);F-O;64@5&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQD:78^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN
M+71O<#HQ,RXU<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V9O;G0M<W1Y;&4Z
M:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y);F-O;64@5&%X97,\+V9O;G0^
M/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z-"XU
M<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^1&5F97)R960@:6YC;VUE('1A
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9&5F97)R960@
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M969T.VUA<F=I;BUT;W`Z.7!T.VUA<F=I;BUB;W1T;VTZ,'!T.VQI;F4M:&5I
M9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DU"
M24$@26YC+B!A;F0@:71S(&5L:6=I8FQE(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^52Y3+B!S=6)S:61I87)I97,@9FEL92!A(&-O;G-O;&ED871E9"`\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F5D
M97)A;"!I;F-O;64@=&%X(')E='5R;BX@5&AE(%4N4RX@:6YC;VUE('1A>&5S
M+"!W:&EC:"!R97!R97-E;G0@82!M86IO<FET>2!O9B!T:&4@=&%X97,@<&%I
M9"!B>2!T:&4@0V]M<&%N>2P@87)E(&%L;&]C871E9"!B87-E9"!O;B!T:&4@
M<')O=FES:6]N<R!O9B!T:&4F(S$V,#M#;VUP86YY)B,X,C$W.W,@=&%X('-H
M87)I;F<@86=R965M96YT('=H:6-H(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
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M.C$P<'0[)R`^($1E8V5M8F5R(#,Q+"`R,#$\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/C0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/BP\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F%N>2!M96UB97(@=VET
M:"!A(&YE="!O<&5R871I/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN9R!L;W-S
M("@F(S@R,C`[3D],)B,X,C(Q.RD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=CPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;GD\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G`\+V9O;G0^/&9O;G0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^:#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^="`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F\\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G-T86YD
M+6%L;VYE(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^83PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^93PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/G(\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/F)U/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YE/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YD/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YO/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YH92`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
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M/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F=R;SPO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^=3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<"X@/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#Y%86-H(&UE;6)E<B!W:71H(&%N($Y/3"`\+V9O;G0^/&9O
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M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<CPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M8SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^96D\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/G8\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F4@8CPO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=&%X(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W,\+V9O
M;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.R<@/F4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\
M+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!A;F0@8W)E9&ET<R`\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^;SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^83PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^<FX@=&AE;3PO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W5T(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^:3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^:&4@9G4\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N
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M="US:7IE.C$P<'0[)R`^33PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^0DE!/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y)
M;CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^+CPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^:&%S(&%D=FES960@:71S('-U8G-I9&EA<FEE<R!T:&%T+"!I=',@
M:6YT96YT:6]N(&ES(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;F]T(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M86P\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/F]W/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YA/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YN>2!M96UB97(F(S@R
M,3<[<R!.3TPL(&-A<&ET86P@;&]S<R!O<B!T87@@8W)E9&ET(&-A<G)Y9F]R
M=V%R9"!G/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YN/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#LG(#YR/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YA/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#YT/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YE/"]F;VYT
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#LG(#YD/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F
M;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#LG(#YB/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YY
M/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YA;GD@<W5B<VED:6%R>3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;SPO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^>'`\+V9O;G0^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G)E(#PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[)R`^=SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:&]U="`\+V9O
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M/G`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#YH92`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<SPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9#PO9F]N
M=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^:3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^;CPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8SPO9F]N=#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M)R`^;VX\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G,\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/F\\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FP\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F0\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.R<@/F$\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/G0\+V9O;G0^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.R<@/FD\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/F]N+B!3
M=6-H(&EN=&5N=&EO;B!I<R!I;F1E<&5N9&5N="!O9B!T:&4@=&%X('-H87)I
M;F<@86=R965M96YT('=H:6-H(&1O97,@;F]T(')E<75I<F4@86YY('-U8V@@
M8V]M<&5N<V%T:6]N/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XN/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#X@/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI
M9VXZ;&5F=#MM87)G:6XM=&]P.CEP=#MM87)G:6XM8F]T=&]M.C!P=#ML:6YE
M+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG
M(#Y);B!E<W1A8FQI<VAI;F<@82!L:6%B:6QI='D@9F]R(&%N('5N<F5C;V=N
M:7IE9"!T87@@8F5N969I="`H)B,X,C(P.U540B8C.#(R,3LI+"!A<W-U;7!T
M:6]N<R!M87D@8F4@;6%D92!I;B!D971E<FUI;FEN9R`\+V9O;G0^/&9O;G0@
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M.C!P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL
M969T.C!P=#LG(#Y2969E<B!T;R`F(S@R,C`[/"]F;VYT/CQF;VYT('-T>6QE
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M+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E)E8V5N=&QY($%D;W!T960@06-C;W5N=&EN9R!3=&%N9&%R9',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'`@<W1Y;&4]
M,T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HT+C5P=#MM87)G:6XM8F]T
M=&]M.C0N-7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N
M="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM;&5F=#HP
M<'0[)R`^4F5C96YT;'D@061O<'1E9"!!8V-O=6YT:6YG(%-T86YD87)D<R`\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z-"XU<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T
M.C!P=#LG(#Y);F-O;64@5&%X97,@*%1O<&EC(#<T,"D\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B8C.#(Q,CL\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/E!R97-E;G1A=&EO;B!O9B!A
M;B!5;G)E8V]G;FEZ960@5&%X($)E;F5F:70@5VAE;B!A($YE="!/<&5R871I
M;F<@3&]S<R!#87)R>69O<G=A<F0L(&$@4VEM:6QA<B!487@@3&]S<RP@;W(@
M82!487@@0W)E9&ET($-A<G)Y9F]R=V%R9"!%>&ES=',@*$%352`\+V9O;G0^
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M;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@/"]F;VYT/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#LG(#Y*=6QY(&]F(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M,C`Q/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#XS+"!T:&4\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/B!&:6YA;F-I86P@06-C;W5N=&EN9R!3=&%N9&%R9',@0F]A
M<F0@*"8C.#(R,#M&05-")B,X,C(Q.RD@:7-S=65D($%C8V]U;G1I;F<@4W1A
M;F1A<F1S(%5P9&%T92`H)B,X,C(P.T%3528C.#(R,3LI(#(P,3,M,3$L("8C
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M<'0[)R`^,"DF(S@R,3([/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y0<F5S96YT
M871I;VX@;V8@86X@56YR96-O9VYI>F5D(%1A>"!"96YE9FET(%=H96X@82!.
M970@3W!E<F%T:6YG($QO<W,@0V%R<GEF;W)W87)D+"!A(%-I;6EL87(@5&%X
M($QO<W,L(&]R(&$@5&%X($-R961I="!#87)R>69O<G=A<CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^9"!%>&ES=',N)B,X,C(Q.R!!4U4@,C`Q,RTQ,2!R97%U
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(')E8V]G;FET:6]N(&]R(&UE
M87-U<F5M96YT(&]F('5N8V5R=&%I;B!T87@@<&]S:71I;VYS('5N9&5R("8C
M.#(R,#M);F-O;64@5&%X97,@*%1O<&EC(#<T,"DF(S@R,C$[(&%N9"!D;V5S
M(&YO="!A9F9E8W0@86YY(')E;&%T960@=&%X(&1I<V-L;W-U<F5S+B!!4U4@
M,C`Q,RTQ,2!W87,@969F96-T:79E(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M9F]R/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@:6YT97)I;2!A;F0@86YN=6%L
M('!E<FEO9',\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!B96=I;FYI;F<@2F%N
M=6%R>2`Q+"`R,#$T+B!4:&4@0V]M<&%N>2`\+V9O;G0^/&9O;G0@<W1Y;&4]
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M<'0[)R`^>2!55$)S(&%S(&$@<F5D=6-T:6]N('1O(&$@9&5F97)R960@=&%X
M(&%S<V5T(&EN(&%C8V]R9&%N8V4@=VET:"!!4U4@,C`Q,RTQ,2!A<R!A;&P@
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M86X[9F]N="US:7IE.C$P<'0[)R`^('-T871E;65N=',N/"]F;VYT/CPO<#X\
M<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G
M:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.VUA<F=I;BUL969T.C!P=#LG(#Y4:&4@0V]M<&%N>2`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.R<@/FAA<R!N;W0@861O<'1E9"!A;GD@/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#LG(#YO=&AE<B`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/FYE=R!A8V-O
M=6YT:6YG('!R;VYO=6YC96UE;G1S('1H870@:&%D(&$@;6%T97)I86P@:6UP
M86-T(&]N(&ET<R!C;VYS;VQI9&%T960@9FEN86YC:6%L('-T871E;65N=',N
M/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM
M=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/"]P/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F5W($%C8V]U;G1I;F<@4')O;F]U;F-E;65N=',@3F]T
M(%EE="!!9&]P=&5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M9&EV/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T
M.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MF;VYT+7-T>6QE.FET86QI8SMM87)G
M:6XM;&5F=#HP<'0[)R`^4F5C96YT(#PO9F]N=#X\9F]N="!S='EL93TS1"=F
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M=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
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M,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`F(S@R,3([/"]F;VYT/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG(#Y297!O<G1I;F<@1&ES8V]N
M=&EN=65D($]P97)A=&EO;G,@86YD($1I<V-L;W-U<F5S(&]F($1I<W!O<V%L
M<R!O9B!#;VUP;VYE;G1S(&]F(&%N($5N=&ET>3PO9F]N=#X\+W`^/'`@<W1Y
M;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O
M='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MM87)G
M:6XM;&5F=#HP<'0[)R`^26X@07!R:6P@;V8@,C`Q-"P@=&AE($9!4T(@:7-S
M=65D($%352`R,#$T+3`X+"`F(S@R,C`[4')E<V5N=&%T:6]N(&]F($9I;F%N
M8VEA;"!3=&%T96UE;G1S("A4;W!I8SPO9F]N=#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^
M(#(P-2D@86YD(%!R;W!E<G1Y+"!0;&%N="P@86YD($5Q=6EP;65N="`H5&]P
M:6,@,S8P*2U297!O<G1I;F<@1&ES8V]N=&EN=65D($]P97)A=&EO;G,@86YD
M($1I<V-L;W-U<F5S(&]F($1I<W!O<V%L<R!O9B!#;VUP;VYE;G1S(&]F(&%N
M($5N=&ET>2XF(S@R,C$[($%352`R,#$T+3`X(&-H86YG97,@=&AE(&-R:71E
M<FEA(&9O<B!D971E<FUI;FEN9R!W:&5T:&5R(&$@9&ES<&]S86P@;V8@82!C
M;VUP;VYE;G0@;W(@9W)O=7`@;V8@8V]M<&]N96YT<R!O9B!A;CPO9F]N=#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[)R`^(&5N=&ET>2!Q=6%L:69I97,@9F]R(&1I<V-O;G1I
M;G5E9"!O<&5R871I;VYS('!R97-E;G1A=&EO;B!A;F0@<F5Q=6ER97,@;F5W
M(&1I<V-L;W-U<F5S+B!!4U4@,C`Q-"TP."!A;65N9',@=&AE(&1E9FEN:71I
M;VX@;V8@9&ES8V]N=&EN=65D(&]P97)A=&EO;B!T;R!A(&1I<W!O<V%L(&]F
M(&-O;7!O;F5N=',@;V8@86X@96YT:71Y('1H870@<F5P<F5S96YT('-T<F%T
M96=I8R!S:&EF=',@=&AA="!H879E+"!O<B!W:6QL(&AA=F4L(&$@;6%J;W(@
M93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^9F9E8W0@;VX@86X@96YT:71Y)B,X
M,C$W.W,@;W!E<F%T:6]N<R!A;F0@9FEN86YC:6%L(')E<W5L=',N($%352`R
M,#$T+3`X(&ES(&5F9F5C=&EV92!F;W(@:6YT97)I;2!A;F0@86YN=6%L('!E
M<FEO9',@8F5G:6YN:6YG($IA;G5A<GD@,2P@,C`Q-2P@86YD('=I=&@@96%R
M;'D@861O<'1I;VX@<&5R;6ET=&5D(&)U="!O;FQY(&9O<B!D:7-P;W-A;',@
M;W(@8VQA<W-I9FEC871I;VYS(&%S(&AE;&0@9F]R('-A;&4@=&AA="!H879E
M(&YO="!B965N(')E<&]R=#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^960@:6X@
M<')E=FEO=7-L>2!I<W-U960@9FEN86YC:6%L('-T871E;65N=',N(%1H92!A
M9&]P=&EO;B!O9B!!4U4@,C`Q-"TP."!I<R!N;W0@97AP96-T960@=&\@;6%T
M97)I86QL>2!I;7!A8W0@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI9&%T
M960@9FEN86YC:6%L('-T871E;65N=',N/"]F;VYT/CPO<#X\<"!S='EL93TS
M1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M
M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y
M;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P=#LG(#Y2979E;G5E(&9R;VT@0V]N
M=')A8W1S('=I=&@@0W5S=&]M97)S("A4;W!I8R`V,#8I("A!4U4@,C`Q-"TP
M.2D\+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I
M;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN($UA>2!O9B`R
M,#$T+"!T:&4@1D%30B!I<W-U960@/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#Y!
M4U4@,C`Q-"TP.2P@)B,X,C(P.U)E=F5N=64@9G)O;2!#;VYT<F%C=',@=VET
M:"!#=7-T;VUE<G,@*%1O<&EC(#8P-BDN)B,X,C(Q.R!!4U4@,C`Q-"TP.2!A
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M;CMF;VYT+7-I>F4Z,3!P=#LG(#YC;W5N=&EN9R!S=&%N9&%R9',N($%352`R
M,#$T+3`Y(&ES(&5F9F5C=&EV92!F;W(@:6YT97)I;2!A;F0@86YN=6%L('!E
M<FEO9',@8F5G:6YN:6YG($IA;G5A<GD@,2P@,C`Q-RP@86YD(&ES(&%P<&QI
M960@;VX@82!R971R;W-P96-T:79E(&]R(&UO9&EF:65D(')E=')O<W!E8W1I
M=F4@8F%S:7,N(%1H92!#;VUP86YY(&ES(&5V86QU871I;F<@=&AE(&EM<&%C
M="!O9B!A9&]P=&EN9R!!4U4@,C`Q-"TP.2X\+V9O;G0^/"]P/CQP('-T>6QE
M/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T
M;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US
M='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T.R<@/E1R83PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^;G-F97)S(&%N9"!397)V
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M8SLG(#X@)B,X,C$R.R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z
M:71A;&EC.R<@/E)E<'5R8VAA<V4M=&\M36%T=7)I='D@5')A;G-A8W1I;VYS
M+"!297!U<F-H87-E($9I;F%N8VEN9W,L(&%N9"!$:7-C;&]S=7)E<R`H05-5
M(#(P,30M,3$I/"]F;VYT/CPO<#X\<"!S='EL93TS1'1E>'0M86QI9VXZ;&5F
M=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T=&]M.CEP=#ML:6YE+6AE:6=H
M=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I;BUL969T.C!P=#LG(#Y);B!*
M=6YE(&]F(#(P,30L('1H92!&05-"(&ES<W5E9"!!4U4@,C`Q-"TQ,2P@)B,X
M,C(P.U1R86YS9F5R<R!A;F0@4V5R=FEC:6YG("A4;W!I8R`X-C`I+5)E<'5R
M8VAA<V4M=&\M36%T=7)I='D@5')A;G-A8W1I;VYS+"!297!U<F-H87-E($9I
M;F%N8VEN9W,L(&%N9"!$:7-C;#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^;W-U
M<F5S+B8C.#(R,3L@5&AE(')E<'5R8VAA<V4@86=R965M96YT<R!A;F0@<VEM
M:6QA<B!T<F%N<V%C=&EO;G,@9W5I9&%N8V4@:7,@86UE;F1E9"!B>2!!4U4@
M,C`Q-"TQ,2!T;R!C:&%N9V4@=&AE(&%C8V]U;G1I;F<@9F]R(&DN*2!R97!U
M<F-H87-E+71O+6UA='5R:71Y('1R86YS86-T:6]N<R!T;R!S96-U<F5D(&)O
M<G)O=VEN9R!A8V-O=6YT:6YG(&%N9"!I:2XI(&QI;FME9"!R97!U<F-H87-E
M(&9I;F%N8VEN9R!T<F%N<V%C=&EO;G,@=&\@<V5C=7)E9#PO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^(&)O<G)O=VEN9R!A8V-O=6YT:6YG+B!!4U4@,C`Q-"TQ
M,2!A;65N9',@9&ES8VQO<W5R92!R97%U:7)E;65N=',@9F]R('1R86YS9F5R
M<R!A8V-O=6YT960@9F]R(&%S('-A;&5S+"!A;F0@9F]R(')E<'5R8VAA<V4@
M=')A;G-A8W1I;VYS(&%C8V]U;G1E9"!F;W(@87,@<V5C=7)E9"!B;W)R;W=I
M;F=S+B!!4U4@,C`Q-"TQ,2!I<R!E9F9E8W1I=F4@9F]R(&EN=&5R:6T@86YD
M(&%N;G5A;"!P97)I;V1S(&)E9VEN;FEN9R!*86YU87)Y(#$L(#(P,34L(#PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[)R`^86YD(&ES(&%P<&QI960@;VX@82!P<F]S
M<&5C=&EV92!B87-I<RX@5&AE(&%D;W!T:6]N(&]F($%352`R,#$T+3$Q(&ES
M(&YO="!E>'!E8W1E9"!T;R!M871E<FEA;&QY(&EM<&%C="!T:&4@0V]M<&%N
M>28C.#(Q-SMS(&-O;G-O;&ED871E9"!F:6YA;F-I86P@<W1A=&5M96YT<RX\
M+V9O;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VUA<F=I;BUT
M;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[;6%R9VEN+6QE9G0Z,'!T
M.R<@/D-O;7!E;G-A=&EO;BU3=&]C:R!#;VUP96YS871I;VX@*%1O<&EC(#<Q
M.#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^*3PO
M9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[9F]N="US='EL93II=&%L:6,[)R`^("8C.#(Q
M,CL\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`\
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M)R`^07=A<F0@4')O=FED92!4:&%T(&$@4&5R9F]R;6%N8V4@5&%R9V5T($-O
M=6QD($)E($%C:&EE=F5D(&%F=&5R('1H92!297%U:7-I=&4@4V5R=FEC92!0
M97)I;V0@*$$@0V]N<V5N<W5S(&]F('1H92!&05-"($5M97)G:6YG($ES<W5E
M<R!487-K($9O<F-E*2`H05-5(#(P,30M,3(I/"]F;VYT/CPO<#X\<"!S='EL
M93TS1'1E>'0M86QI9VXZ;&5F=#MM87)G:6XM=&]P.C!P=#MM87)G:6XM8F]T
M=&]M.CEP=#ML:6YE+6AE:6=H=#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.VUA<F=I
M;BUL969T.C!P=#LG(#Y);B!*=6YE(&]F(#(P,30L('1H92!&05-"(&ES<W5E
M9"!!4U4@,C`Q-"TQ,BP@)B,X,C(P.T-O;7!E;G-A=&EO;BU3=&]C:R!#;VUP
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M97)V:6-E(%!E<FEO9"XF(S@R,C$[($%352`R,#$T+3$R(')E<75I<F5S('1H
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M,C`Q-"TQ,B!I<R!E9F9E8W1I=F4@9F]R(&EN=&5R:6T@86YD(&%N;G5A;"!P
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M9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R9VEN+71O
M<#HP<'0[;6%R9VEN+6)O='1O;3HT+C5P=#ML:6YE+6AE:6=H=#HQ,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.VUA<F=I;BUL969T.C!P
M=#LG(#Y#;VYS;VQI9&%T:6]N("A4;W!I8R`X,3`I/"]F;VYT/CQF;VYT('-T
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M4U4@,C`Q-"T\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC
M.R<@/C$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG
M(#XI(#PO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[;6%R
M9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HY<'0[;&EN92UH96EG:'0Z,3)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MM87)G:6XM;&5F=#HP<'0[)R`^26X@075G=7-T
M(&]F(#(P,30L('1H92!&05-"(&ES<W5E9"!!4U4@,C`Q-"TQ,RP@)B,X,C(P
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M:6,[)R`^(#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^05-5(#(P,30M,3,@87!P
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&UA>2!E;&5C="!T;R!M96%S
M=7)E('1H92!F:6YA;F-I86P@87-S971S(&%N/"]F;VYT/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#LG(#YD('1H92!F:6YA;F-I86P@;&EA8FEL:71I97,@;V8@82!C;VYS;VQI
M9&%T960@8V]L;&%T97)A;&EZ960@9FEN86YC:6YG(&5N=&ET>2!U<VEN9R!A
M(&UE87-U<F5M96YT(&%L=&5R;F%T:79E('!R;W9I9&5D(&EN($%352`R,#$T
M+3PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^,3,\+V9O;G0^/&9O;G0@<W1Y;&4]
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M="US:7IE.C$P<'0[)R`^86QI>F5D(&9I;F%N8VEN9R!E;G1I='D@=&\@8F4@
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M4F]M86X[9F]N="US:7IE.C$P<'0[)R`^92!M96%S=7)E;65N="!A;'1E<FYA
M=&EV92!T;R!E>&ES=&EN9R!C;VYS;VQI9&%T960@8V]L;&%T97)A;&EZ960@
M9FEN86YC:6YG(&5N=&ET:65S+B!!4U4@,C`Q-"T\+V9O;G0^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.R<@/C$S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@:7,@969F96-T:79E
M(&9O<B!I;G1E<FEM(&%N9"!A;FYU86P@<&5R:6]D<R!B96=I;FYI;F<@2F%N
M=6%R>2`Q+"`R,#$V('=I=&@@96%R;'D@861O<'1I;VX@<&5R;6ET=&5D+B!4
M:&4@861O<'1I;VX@;V8@05-5(#(P,30M/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#XQ,SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^(&ES(&YO="!E>'!E8W1E9"!T
M;R!M871E<FEA;&QY/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG(#X@:6UP86-T('1H
M92!#;VUP86YY)B,X,C$W.W,@8V]N<V]L:61A=&5D(&9I;F%N8VEA;"!S=&%T
M96UE;G1S+CPO9F]N=#X\+W`^/'`@<W1Y;&4],T1T97AT+6%L:6=N.FQE9G0[
M;6%R9VEN+71O<#HP<'0[;6%R9VEN+6)O='1O;3HP<'0[;&EN92UH96EG:'0Z
M,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SMM87)G:6XM
M;&5F=#HP<'0[)R`^4')E<V5N=&%T:6]N(&]F($9I;F%N8VEA;"!3=&%T96UE
M;G1S/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG(#XF
M(S@R,3([/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MF;VYT+7-T>6QE.FET86QI8SLG
M(#Y';VEN9R!#;VYC97)N("A3=6)T;W!I8R`R,#4M-#`I.B!$:7-C;&]S=7)E
M(&]F(%5N8V5R=&%I;G1I97,@86)O=70@86X@16YT:71Y)B,X,C$W.W,@06)I
M;&ET>2!T;R!#;VYT:6YU92!A<R!A($=O:6YG($-O;F-E<FX\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/B`\+V9O;G0^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V9O;G0M<W1Y;&4Z:71A;&EC.R<@/BA!4U4@,C`Q-"T\+V9O;G0^
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M<'0[;6%R9VEN+6QE9G0Z,'!T.R<@/DEN($%U9W5S="!O9B`R,#$T+"!T:&4@
M1D%30B!I<SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^<W5E9"!!4U4@,C`Q-"TQ
M-2P@)B,X,C(P.U!R97-E;G1A=&EO;B!O9B!&:6YA;F-I86P@4W1A=&5M96YT
M<RU';VEN9R!#;VYC97)N("A3=6)T;W!I8R`R,#4M-#`I.B!$:7-C;&]S=7)E
M(&]F(%5N8V5R=&%I;G1I97,@86)O=70@86X@16YT:71Y)B,X,C$W.W,@06)I
M;&ET>2!T;R!#;VYT:6YU92!A<R!A($=O:6YG($-O;F-E<FXN)B,X,C(Q.R!!
M4U4@,C`Q-"TQ-2!R97%U:7)E<R!M86YA9V5M96YT('1O(&5V86QU871E('=H
M971H97(@=&AE<F4@87)E(&-O;F1I=&EO;G,@;W(@979E;CPO9F]N=#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[)R`^=',@=&AA="!R86ES92!S=6)S=&%N=&EA;"!D;W5B="!A
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^=&AE(&9I;F%N8VEA;"!S=&%T
M96UE;G1S(&%R92!I<W-U960N($%352`R,#$T+3$U(&ES(&5F9F5C=&EV92!F
M;W(@=&AE(&%N;G5A;"!P97)I;V0@96YD/"]F;VYT/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#LG
M(#YI;F<\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.R<@/B!$96-E;6)E<B`S,2P@,C`Q
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M="US:7IE.C$P<'0[)R`^8W0@=&AE($-O;7!A;GDF(S@R,3<[<R!C;VYS;VQI
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M=&EO;B!!;F%L>7-I<R`\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V9O;G0M<W1Y;&4Z
M:71A;&EC.R<@/BA!4U4@,C`Q-2TP,BD\+V9O;G0^/"]P/CQP('-T>6QE/3-$
M=&5X="UA;&EG;CIL969T.VUA<F=I;BUT;W`Z,'!T.VUA<F=I;BUB;W1T;VTZ
M.7!T.VQI;F4M:&5I9VAT.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[;6%R9VEN+6QE
M9G0Z,'!T.R<@/DEN($9E8G)U87)Y(&]F(#(P,34L('1H92!&05-"(&ES<W5E
M9"!!4U4@,C`Q-2TP,BP@)B,X,C(P.T-O;G-O;&ED871I;VX@*%1O<&EC(#@Q
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^05-5(#(P,34M,#(@
M86UE;F1S('1H92!A8V-O=6YT:6YG(&=U:61A;F-E(&9O<B!C;VYS;VQI9&%T
M:6]N(&]F(&QE9V%L(&5N=&ET:65S(&EN8VQU9&EN9R!6245S+B!!4U4@,C`Q
M-2TP,B!E;&EM:6YA=&5S('1H92!S<&5C:6%L:7IE9"!C;VYS;VQI9&%T:6]N
M(&UO9&5L(&%N9"!G=6ED86YC92!F;W(@;&EM:71E9"!P87)T;F5R<VAI<',L
M(&%M96YD<R!T:&4@8V]N9&ET:6]N<R!F;W(@979A;'5A=&EN9R!W:&5T:&5R
M(&$@9F5E('!A:60@=&\@82!D93PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[)R`^8VES
M:6]N(&UA:V5R(&]R(&$@<V5R=FEC92!P<F]V:61E<B!R97!R97-E;G1S(&$@
M=F%R:6%B;&4@:6YT97)E<W0@:6X@82!6244L(&%M96YD<R!T:&4@<F5L871E
M9"!P87)T>2!G=6ED86YC92!F;W(@=&AE(&1E=&5R;6EN871I;VX@;V8@=&AE
M('!R:6UA<GD@8F5N969I8VEA<GD@;V8@82!6244L(&%N9"!R97%U:7)E<R!C
M97)T86EN(&EN=F5S=&UE;G0@9G5N9',@9&5S:6=N960@87,@5DE%<RP@97AC
M97!T(&UO;F5Y(&UA<FME="!F=6YD<RP@=&\@83PO9F]N=#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[)R`^<'!L>2!T:&4@86UE;F1E9"!C;VYS;VQI9&%T:6]N(&=U:61A;F-E
M+B!!4U4@,C`Q-2TP,B!I<R!E9F9E8W1I=F4@9F]R(&EN=&5R:6T@86YD(&%N
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M="US:7IE.C$P<'0[)R`^="!O9B!A9&]P=&EN9R!!4U4@,C`Q-2TP,BX\+V9O
M;G0^/"]P/CQP('-T>6QE/3-$=&5X="UA;&EG;CIL969T.VQI;F4M:&5I9VAT
M.C$R<'0[(#X\+W`^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM
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M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q
M=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R
M<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C
M/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO
M<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$
M<F5P;W)T(&ED/3-$240P14U%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/D)U
M<VEN97-S($1E=F5L;W!M96YT<R!A;F0@4FES:W,@86YD(%5N8V5R=&%I;G1I
M97,@*%1A8FQE<RD\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^5&5X="!";&]C:R!;06)S=')A8W1=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%S<V5T<R!!;F0@
M3&EA8FEL:71I97,@2&5L9"!&;W(@4V%L93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P
M<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<R!O9B!$96-E;6)E
M<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR.30N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.30N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI
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M.D)L86-K.VUI;BUW:61T:#HV."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR.30N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.30N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07-S971S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
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M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-BXU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(W."XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W
M."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T
M;65N=',@8V%R<FEE9"!A="!F86ER('9A;'5E/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HR-S@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D-A<V@@86YD(&-A<V@@97%U:79A;&5N=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&86-I;&ET>3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,"XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A
M<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,"XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL
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M=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:#PO
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M8V]L;W(Z(S`P,#`P,#LG(#XT,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-C(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(V,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y,;V%N<R!R96-E:79A8FQE(&%T(&9A:7(@=F%L=64\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S$Q/"]F;VYT/CPO=&0^/'1D('-T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M("`@("!4;W1A;"!A<W-E=',@:&5L9"!F;W(@<V%L93PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M.#`R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C`N-S5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[
M8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-C`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CPO=&0^/'1D('-T>6QE
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M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
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M(S`P,#`P,#LG(#Y/=&AE<B!L:6%B:6QI=&EE<R`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#PO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,38N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR-S@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S(&]F(&-O;G-O;&ED871E9"!V
M87)I86)L92!I;G1E<F5S="!E;G1I=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,"XW
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(V,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N;W1E<SPO9F]N=#X\
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M(S`P,#`P,#LG(#XT,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M86-K.VUI;BUW:61T:#HR-C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^4&%Y86)L92!F;W(@;&]A;G,@<'5R8VAA<V5D/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C`N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C,R,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-C(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(V,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`@("`@5&]T86P@;&EA8FEL:71I
M97,@:&5L9"!F;W(@<V%L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,"XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S<R/"]F;VYT/CPO=&0^
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M
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M<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\3454
M02!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H
M=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S
M8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M
M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE
M(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14Q%/@T*("`@("`@/'1R/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\
M<W1R;VYG/E-I9VYI9FEC86YT($%C8V]U;G1I;F<@4&]L:6-I97,@*%1A8FQE
M<RD\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@
M8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L
M(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^5&5X="!";&]C:R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W!E<G1Y(%!L86YT($%N9"!%
M<75I<&UE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^
M/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I
M;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&5A<V5H;VQD(&EM<')O=F5M
M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U('EE87)S/"]F;VYT/CPO=&0^
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M(S`P,#`P,#LG(#Y&=7)N:71U<F4@86YD(&9I>'1U<F5S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-B!Y96%R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^17%U:7!M
M96YT(&%N9"!S;V9T=V%R93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3%P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0@>65A<G,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO
M=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-
M"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV
M,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H
M965T,S@N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D
M+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970]
M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T
M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@
M8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T
M('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@
M*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S
M<STS1')E<&]R="!I9#TS1$E$,$5-13X-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N
M9SY687)I86)L92!);G1E<F5S="!%;G1I=&EE<R`H5&%B;&5S*3QB<CX\+W-T
M<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$
M,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT
M($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4W5M;6%R>2!/9B!.;VYC;VYS;VQI9&%T960@5DE%
M<R!!<W-E=',@06YD($QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S
M93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,S<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M-CAP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D-A<G)Y:6YG(%9A;'5E(&]F($%S<V5T<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#87)R>6EN9R!686QU92!O9B!,:6%B:6QI
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#$N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#AP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.V)O<F1E<BUT;W`M
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DQO<W,@86YD($QO<W,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^36%X:6UU;3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y5;F5A<FYE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D%D:G5S=&UE;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9)13PO9F]N=#X\
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M;W(Z(S`P,#`P,#LG(#Y%>'!O<W5R93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
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M;W(Z(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S
M+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D5X<&5N<V4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y$97)I=F%T:79E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,RXW-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07-S971S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^=&\@3&]S<SPO9F]N=#X\+W1D
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M:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DEN=F5S=&UE;G1S/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO
M9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#DN-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V5I=F%B;&4\+V9O;G0^/'-U
M<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R86)L
M93PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E)E=F5N=64\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#0I/"]F;VYT/CPO<W5P/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E<SPO9F]N=#X\<W5P/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH-2D\
M+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/B@V*3PO9F]N=#X\+W-U<#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C,N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YS
M=7)A;F-E.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ,38N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,38N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^1VQO8F%L('-T<G5C='5R960@9FEN86YC
M93H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T
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M0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I;VYS/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C4L-C(S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Q,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XR,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#(\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,#@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^36]R=&=A9V4M8F%C:V5D(')E<VED96YT:6%L/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^-RPT-3D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XY/"]F
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-3$X/"]F;VYT/CPO=&0^/'1D
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,SD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,#<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3`X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`X+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/DUO<G1G86=E+6)A8VME9"!C;VUM97)C:6%L/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-3<Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C<Y/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y#;VYS=6UE<B!A<W-E="UB86-K960\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XV+#`P.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L.3@Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO=&0^/'1D
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@87-S970M8F%C:V5D/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-BPV,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#8P.#PO9F]N
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-#<\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&=L;V)A;"!S=')U8W1U
M<F5D(&9I;F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS-2PY-#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.2PY-3@\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-3(T/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(Q
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,S@Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`R/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,38N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^1VQO8F%L('!U8FQI8R!F:6YA;F-E/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-#DL-C@V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,38L-CDX/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$W.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C$Q/"]F;VYT
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(S+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&EN<W5R86YC93PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C@U+#8R-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/C,V+#8U-CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Q.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,P,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XU,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,S(\+V9O;G0^/"]T9#X\
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M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(S
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/E]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-#DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T
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M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0R."!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$I("T@4F5P;W)T960@=VET:&EN("9Q=6]T.TEN=F5S=&UE;G1S)G%U
M;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S
M+CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(X(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!297!O<G1E9"!W:71H:6X@
M)G%U;W0[4')E;6EU;7,@<F5C96EV86)L929Q=6]T.R!O;B!-0DE!)B,S.3MS
M(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T<RX\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R."!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4T-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-30W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#,I("T@4F5P;W)T960@=VET:&EN("9Q=6]T.TEN<W5R86YC92!L
M;W-S(')E8V]V97)A8FQE)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A
M=&5D(&)A;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#(X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30W+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D@
M+2!297!O<G1E9"!W:71H:6X@)G%U;W0[56YE87)N960@<')E;6EU;2!R979E
M;G5E)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@
M<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(X
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30W+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-2D@+2!297!O<G1E9"!W
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M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@V*2`M(%)E<&]R
M=&5D('=I=&AI;B`F<75O=#M$97)I=F%T:79E(&QI86)I;&ET:65S)G%U;W0[
M(&]N($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+CPO
M9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQT86)L92!S='EL
M93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[
M(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;6EN+7=I9'1H.C$P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-#$X+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q."XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C
M96UB97(@,S$L(#(P,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C<N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-A<G)Y:6YG(%9A;'5E(&]F($%S<V5T<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,34U+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-34N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y#87)R>6EN9R!686QU92!O9B!,:6%B:6QI=&EE
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
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M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M=VED=&@Z-G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4S+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W,@86YD($QO<W,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y-
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M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N96%R;F5D/"]F;VYT
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M.V-O;&]R.B,P,#`P,#`[)R`^061J=7-T;65N=#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#$N,C5P=#MT97AT+6%L:6=N
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M.B,P,#`P,#`[)R`^5DE%/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AP;W-U
M<F4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M4')E;6EU;7,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F%N8V4@3&]S<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E!R96UI=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%
M>'!E;G-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N
M,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV93PO9F]N
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M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL
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M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<SPO9F]N=#X\+W1D/CQT
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M;&]R.B,P,#`P,#`[)R`^=&\@3&]S<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DEN=F5S=&UE;G1S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\
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M:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V5I=F%B;&4\+V9O;G0^/'-U<#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#(I
M/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R86)L93PO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,RD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E=F5N
M=64\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^*#0I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y297-E<G9E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH-2D\+V9O;G0^/"]S=7`^
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M.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S/"]F;VYT/CQS=7`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/B@V*3PO9F]N=#X\+W-U<#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C,N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E.CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ,38N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,38N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^1VQO8F%L('-T<G5C='5R960@9FEN86YC
M93H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE
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M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B
M;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/C$R+#4V-3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+#8Y,SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,W/"]F;VYT
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$P.#PO9F]N=#X\+W1D/CPO='(^/'1R
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K
M960@<F5S:61E;G1I86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,2PW,S@\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XY+#(U,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8U.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,S(W/"]F;VYT/CPO=&0^/'1D('-T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$P."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K960@8V]M;65R8VEA;#PO9F]N=#X\
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M,#`P,#`P.R<@/C$L,S8W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-#0W/"]F;VYT
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ,#@N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]N<W5M97(@87-S970M8F%C:V5D
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-RPX,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M+#<T,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0Y+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Y/"]F;VYT/CPO=&0^/'1D
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`X
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T
M92!A<W-E="UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
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M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,RPP,C@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+#(T.#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/CDV/"]F;VYT/CPO
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$Q-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-BXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!G;&]B86P@<W1R=6-T=7)E9"!F:6YA
M;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-38L-3(X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C<L,S<Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,30Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3DV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C8W-CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/C(P-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,V,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Q,SPO9F]N
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M,#`P,#`P.R<@/D=L;V)A;"!P=6)L:6,@9FEN86YC93PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/C4R+#,Q-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(P
M+#$V,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR,#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C(T.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4
M;W1A;"!I;G-U<F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#@L.#0U/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-#<L-30Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,30Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-#`R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C8W-CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C0U,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,V-CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C$Q,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL
M93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
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M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#(X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30W
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@R*2`M(%)E<&]R=&5D('=I=&AI;B`F<75O
M=#M0<F5M:75M<R!R96-E:79A8FQE)G%U;W0[(&]N($U"24$F(S,Y.W,@8V]N
M<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+CPO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#(X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
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M4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@T*2`M(%)E
M<&]R=&5D('=I=&AI;B`F<75O=#M5;F5A<FYE9"!P<F5M:75M(')E=F5N=64F
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M:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*2`M(%)E<&]R=&5D('=I=&AI
M;B`F<75O=#M,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E
M<G9E<R9Q=6]T.R!O;B!-0DE!)B,S.3MS(&-O;G-O;&ED871E9"!B86QA;F-E
M('-H965T<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R
M."!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I("T@4F5P;W)T960@
M=VET:&EN("9Q=6]T.T1E<FEV871I=F4@;&EA8FEL:71I97,F<75O=#L@;VX@
M34))028C,SD[<R!C;VYS;VQI9&%T960@8F%L86YC92!S:&5E=',N/"]F;VYT
M/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^
M#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?
M83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B
M93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S
M+U-H965T,SDN:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O
M=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S
M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@
M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M
M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R
M:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE
M;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C
M;&%S<STS1')E<&]R="!I9#TS1$E$,$5+2#X-"B`@("`@(#QT<CX-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T
M<F]N9SY);G-U<F%N8V4@4')E;6EU;7,@*%1A8FQE<RD\8G(^/"]S=')O;F<^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@
M36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5&5X="!";&]C
M:R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E)O;&QF;W)W87)D(&]F(%!R96UI=6US(%)E8V5I=F%B;&4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T
M>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P
M=#L@/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-C4N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU-RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,"XR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ-C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^061J=7-T;65N
M=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<CHC,#`P,#`P.R<@/E!R96UI=6US/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E
M<R!I;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-C<F5T:6]N(&]F/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HV-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R96UI=6US/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,"XR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-C4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE(&%S(&]F/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;3PO9F]N=#X\+W1D/CQT9"!S
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%>'!E8W1E9#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#DN-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C96EV86)L92!A<R!O9CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(P+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`N,C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@
M,S$L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4&%Y;65N=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^0G5S:6YE<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5&5R
M;2!O9CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N
M-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-#DN-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C96EV86)L93PO9F]N
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79E9#PO9F]N=#X\
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M8V]L;W(Z(S`P,#`P,#LG(#Y7<FET=&5N/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E!O;&EC:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7-C
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(P+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`N
M,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`U,3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$R,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH-3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,X*3PO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU-RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C@W-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(P+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
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M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
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M+7=I9'1H.C0W-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D@+2!0<FEM87)I;'D@8V]N<VES=',@;V8@=6YR96%L:7IE9"!G86EN
M<R`H;&]S<V5S*2!D=64@=&\@9F]R96EG;B!C=7)R96YC>2!E>&-H86YG92!R
M871E<RX\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/&1I=CX\=&%B
M;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O
M<#HR,'!T.R`^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4W+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P+C(U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HV-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!9&IU
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M<CI";&%C:SMM:6XM=VED=&@Z,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^/"]T9#X\=&0@<W1Y
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M8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M:&%N9V5S(&EN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-R971I;VX@;V8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.V)O<F1E<BUT;W`M
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M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C8U+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')E;6EU;7,\+V9O;G0^
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V5I=F%B;&4@87,@
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/F9R;VT@3F5W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X<&5C
M=&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N
M,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-C4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE(&%S
M(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,"XR
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-C4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8U+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E
M;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y087EM96YT<SPO9F]N
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M8V]L;W(Z(S`P,#`P,#LG(#Y"=7-I;F5S<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y497)M(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E:79A8FQE
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HV-2XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M
M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(P+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C`N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C8U+C(U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V5I=F5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=R:71T96X\+V9O;G0^/"]T9#X\=&0@
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4&]L:6-I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D1I<V-O=6YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT
M/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,"XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-RXW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C(X/"]F
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;W(Z(S`P,#`P,#LG(#XH,3,U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@T-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#PO9F]N=#X\+W1D/CQT9"!S='EL
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C4I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4W+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PP-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(P+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV-2XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C4N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R
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M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4W+C<U
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,"XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R,2!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W-"XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-S0N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$I("T@4')I;6%R:6QY(&-O;G-I<W1S(&]F('5N<F5A;&EZ
M960@9V%I;G,@*&QO<W-E<RD@9'5E('1O(&9O<F5I9VX@8W5R<F5N8WD@97AC
M:&%N9V4@<F%T97,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M56YD:7-C;W5N=&5D($9U='5R92!0<F5M:75M<R!">2!097)I;V0\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$
M8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X<&5C=&5D/"]F;VYT/CPO
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M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL96-T:6]N
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M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
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M(S`P,#`P,#LG(#Y0<F5M:75M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:')E
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M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DUA<F-H(#,Q+"`R,#$U/"]F
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^2G5N92`S,"P@,C`Q-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y397!T96UB97(@,S`L(#(P,34\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Q/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L
M(#(P,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5'=E;'9E(&UO;G1H<R!E;F1E9#H\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,38\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;VQO<CHC,#`P,#`P.R<@/CDQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,3<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,3@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L
M(#(P,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8X/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1FEV92!Y96%R<R!E;F1E9#H\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,C0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M<CHC,#`P,#`P.R<@/C(X,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+"`R,#(Y/"]F;VYT/CPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`S-"!A
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$Q,3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-C)P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^56YE87)N960@4')E;6EU;2!297-E<G9E($%N9"!&=71U<F4@4')E;6EU
M;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I
M=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R
M9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M17AP96-T960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N
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M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AP96-T
M960@1G5T=7)E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D9U='5R93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P
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M,#`P,#`P.R<@/E!R96UI=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F5M:75M($5A<FYI;F=S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R96UI
M=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,34P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y2979E;G5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5<&9R;VYT
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3$N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS=&%L;&UE;G1S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-R971I;VX\+V9O;G0^
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB
M97(@,S$L(#(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PY.#8\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-"XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIC96YT97([8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#0N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4:')E92!M;VYT:',@96YD960Z/"]F;VYT/CPO
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T
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M9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^36%R
M8V@@,S$L(#(P,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L.3,T/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0T+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0T+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CQT9"!S
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^2G5N92`S,"P@,C`Q-3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PX.#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4V5P=&5M8F5R(#,P+"`R,#$U
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#@S-#PO9F]N=#X\+W1D/CQT9"!S
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E
M<B`S,2P@,C`Q-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PW.#8\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-30\+V9O
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M;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4=V5L=F4@;6]N=&AS(&5N9&5D.CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E
M8V5M8F5R(#,Q+"`R,#$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#8P,SPO
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M8V]L;W(Z(S`P,#`P,#LG(#XQ,#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M.#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT9"!S='EL
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(P-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PT,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\
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M<CHC,#`P,#`P.R<@/C$X-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PR.#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#4\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V.#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S
M,2P@,C`Q.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-#@\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-S@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C`\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;W(Z(S`P,#`P,#LG(#XQ-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,SDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D9I=F4@>65A<G,@96YD960Z/"]F;VYT/CPO=&0^
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\
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M.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB
M97(@,S$L(#(P,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q,SPO9F]N=#X\
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M(S`P,#`P,#LG(#XR.30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C0Q/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU.3D\
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M8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^1&5C96UB97(@,S$L(#(P,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(X.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-S$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,34T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XS-C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L(#(P,S0@86YD('1H97)E
M869T97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M(S`P,#`P,#LG(#XQ-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$L,#@S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-"XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#0N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDP
M,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(S-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E
M<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L,C(R
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D/CPO='(^/"]T86)L93X\
M+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T
M86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T
M7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N
M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B
M-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#0P+FAT;6P-"D-O;G1E
M;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E
M;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT
M;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT
M+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS
M8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J
M($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D
M/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)
M1#!%641!0SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@
M8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY,;W-S(&%N9"!,;W-S
M($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R`H5&%B;&5S*3QB<CX\+W-T
M<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$
M,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT
M($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4V-H961U;&4@3V8@3&]S<V5S($%N9"!,;W-S($%D
M:G5S=&UE;G0@17AP96YS97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA
M<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^665A<B!%;F1E9"!$96-E;6)E<B`S,2P@/"]F;VYT/CPO=&0^
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M<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
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M<CHC,#`P,#`P.R<@/E-E8V]N9"UL:65N(%)-0E,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<P/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34Q*3PO
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8U/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH-S`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-C(N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N=#X\<W5P/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\
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M<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;W(Z(S`P,#`P,#LG(#XU-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M=#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<R!A;F0@3$%%(&5X<&5N<V4@*&)E
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$S,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q-SPO9F]N=#X\+W1D/CQT
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4P/"]F
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M:61T:#HS-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?
M7U]?7U]?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
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M;BUW:61T:#HS-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D@+2!);F-L=61E<R!!0E,@0T1/<RP@0TU"4RP@52Y3+B!P=6)L:6,@
M9FEN86YC92!A;F0@;W1H97(@:7-S=65S+CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y38VAE
M9'5L92!/9B!&:6YA;F-I86P@1W5A<F%N=&5E<R!!;F0@4F5L871E9"!#;&%I
M;2!,:6%B:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD
M:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA
M<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:#HS-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4W5R=F5I;&QA;F-E($-A=&5G;W)I97,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M0V%U=&EO;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#875T:6]N/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4U+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-A=71I;VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQI<W0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3&ES=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-L87-S:69I960\+V9O
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B0@:6X@;6EL;&EO;G,\+V9O;G0^
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO=SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y-961I=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^2&EG:#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU-2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,:7-T/"]F
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$W-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3G5M8F5R(&]F('!O;&EC:65S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/CDX/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C,Q-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S8N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYU;6)E<B!O9B!I<W-U
M97,\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
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M;W(Z(S`P,#`P,#LG(#XQ-#<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296UA
M:6YI;F<@=V5I9VAT960@879E<F%G92!C;VYT<F%C="`\+V9O;G0^/"]T9#X\
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M.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ
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M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YP97)I;V0@*&EN('EE87)S
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-RXR/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(N,#PO
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M;VQO<CHC,#`P,#`P.R<@/C$P+C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+C`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
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M;W(Z(S`P,#`P,#LG(#XW+C<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S
M<R!I;G-U<F5D(&-O;G1R86-T=6%L('!A>6UE;G1S(#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YO=71S
M=&%N9&EN9SH\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ-C$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-C$N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/E!R:6YC:7!A;#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#<U-SPO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PS-S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^."PP,#$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$Q+#(V,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0\+V9O;G0^/"]T9#X\=&0@
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8Y-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@Q.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C8X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPP
M,S<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#8R,#PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-3,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPT-3,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPQ
M.3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q+#`S.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ-2PX.#,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<V+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<R!#;&%I
M;2!,:6%B:6QI='D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX-3`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^.#4P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&5S<SH\+V9O;G0^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V
M."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$V."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^1W)O<W,@4&]T96YT:6%L(%)E8V]V97)I97,\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M<CHC,#`P,#`P.R<@/C@V,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@V,#PO9F]N=#X\
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y$:7-C;W5N="P@;F5T/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#PO9F]N=#X\
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M;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T
M(&-L86EM(&QI86)I;&ET>2`H<F5C;W9E<F%B;&4I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(T*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,C0I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YE87)N
M960@<')E;6EU;2!R979E;G5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XX,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ-C<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?
M7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#$Y(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,2D@+2!!;B`F(S@R,C`[:7-S=64F(S@R,C$[(')E<')E<V5N
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!297!R97-E;G1S(&-O;G1R86-T=6%L
M('!R:6YC:7!A;"!A;F0@:6YT97)E<W0@<&%Y;65N=',@9'5E(&)Y('1H92!I
M<W-U97(@;V8@=&AE(&]B;&EG871I;VYS(&EN<W5R960@8GD@34))02X@/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,3D@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU-#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@S*2`M(%)E<')E<V5N=',@9&ES8V]U;G0@
M<F5L871E9"!T;R!'<F]S<R!#;&%I;2!,:6%B:6QI='D@86YD($=R;W-S(%!O
M=&5N=&EA;"!296-O=F5R:65S+B`\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^
M/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L
M;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3,N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3=7)V96EL;&%N8V4@0V%T96=O<FEE
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-2XU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#875T:6]N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4U+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-A=71I;VX\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-34N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V%U=&EO;CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#AP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&ES=#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,:7-T/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/DQI<W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-34N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VQA<W-I
M9FEE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$W-BXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^)"!I;B!M:6QL:6]N
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M<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]W/"]F;VYT/CPO=&0^
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M9#MC;VQO<CHC,#`P,#`P.R<@/DUE9&EU;3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y(:6=H/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3<V+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y.=6UB97(@;V8@<&]L:6-I97,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C@S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DR
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,CDY/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R
M(&]F(&ES<W5E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#`\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3<V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y296UA:6YI;F<@=V5I9VAT960@879E<F%G92!C;VYT<F%C="`\+V9O
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M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E
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M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YP97)I;V0@
M*&EN('EE87)S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$N,#PO9F]N=#X\+W1D/CQT
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q+C4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XY+C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY+C<\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3<V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y'<F]S<R!I;G-U<F5D(&-O;G1R86-T=6%L('!A>6UE;G1S(#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,38X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,38X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#YO=71S=&%N9&EN9SH\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
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M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C$N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!R:6YC:7!A;#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PP-S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0P/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,30L,C8T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S=#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,RPX,CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#PO9F]N=#X\+W1D/CQT9"!S
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0L-3(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^."PV,S(\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,34S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDL,3$Y/"]F;VYT
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$L,S(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8T/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R+#,X
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XR,BPX.38\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3<V+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y'
M<F]S<R!#;&%I;2!,:6%B:6QI='D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ+#(S-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ+#(S-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-S8N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-S8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/DQE<W,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#AP=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ-C@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-C@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D=R;W-S(%!O=&5N=&EA;"!296-O=F5R:65S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`X-3PO9F]N=#X\+W1D/CQT
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L,#@U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C@N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1I<V-O=6YT+"!N970\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^
M/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P-3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ-S8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-S8N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/DYE="!C;&%I;2!L:6%B:6QI='D@*')E8V]V97)A
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@U-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4U*3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ-S8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-S8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/E5N96%R;F5D('!R96UI=6T@<F5V96YU93PO9F]N=#X\
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D
M97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#AP=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDV/"]F;VYT/CPO=&0^/'1D('-T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(R-SPO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#$Y(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#$Y(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-30W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D@+2!!;B`F(S@R,C`[:7-S=64F(S@R,C$[(')E<')E<V5N=',@=&AE
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M.D)L86-K.VUI;BUW:61T:#HU-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,BD@+2!297!R97-E;G1S(&-O;G1R86-T=6%L('!R:6YC
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M<CHC,#`P,#`P.R<@/B@S*2`M(%)E<')E<V5N=',@9&ES8V]U;G0@<F5L871E
M9"!T;R!'<F]S<R!#;&%I;2!,:6%B:6QI='D@86YD($=R;W-S(%!O=&5N=&EA
M;"!296-O=F5R:65S+CPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E!R97-E;G0@5F%L=64@3V8@5&AE(%!R;V)A8FEL:71Y+5=E:6=H=&5D($9U
M='5R92!#;&%I;2!087EM96YT<R!!;F0@4F5C;W9E<FEE<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D
M97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HV."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8X+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,3`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,3`N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-RXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S<N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$T+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C<W+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07,@;V8\+V9O
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@
M,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HW-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S<N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R
M(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C8N-S5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8V+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HV."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8X+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(Q."XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q."XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]S<R!R97-E<G9E<R`H8VQA:6T@
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CDN-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4X,#PO9F]N=#X\
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M8VL[;6EN+7=I9'1H.C(Q."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3$%%(')E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q/"]F;VYT
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q,"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]S<R!A;F0@3$%%(')E<V5R=F5S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-3`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8T,3PO
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3`N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3`N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q."XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E(&-L86EM(&QO<W,@<F5C;W9E
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4S,RD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CDN-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@V
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,044@:6YS=7)A;F-E(&QO<W,@<F5C;W9E
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M;6EN+7=I9'1H.C(Q,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^26YS=7)A;F-E(&QO<W,@<F5C;W9E<F%B;&4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-CDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-3,S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CDN-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-CDT*3PO9F]N=#X\+W1D
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,3`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3`N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M8VL[;6EN+7=I9'1H.C(Q."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^4F5I;G-U<F%N8V4@<F5C;W9E<F%B;&4@;VX@=6YP86ED(&QO
M<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW/"]F;VYT
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M(S`P,#`P,#LG(#Y296EN<W5R86YC92!R96-O=F5R86)L92!O;B!U;G!A:60@
M3$%%(')E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M9'1H.C(Q,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CDN-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8V+C<U<'0[
M(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-C:&5D=6QE($]F($-O;7!A
M;GDG<R!396-O;F0M3&EE;B!234)3($5X<&]S=7)E+"!'<F]S<R!5;F1I<V-O
M=6YT960@0VQA:6T@3&EA8FEL:71Y($%N9"!0;W1E;G1I86P@4F5C;W9E<FEE
M<RP@17AC;'5D:6YG($%M;W5N=',@4F5L871E9"!4;R!#;VYS;VQI9&%T960@
M5DE%)W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A
M8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT
M;W`Z,C!P=#L@/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,C$V+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$V+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y396-O;F0M;&EE
M;B!234)3($5X<&]S=7)E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/=71S=&%N
M9&EN9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,3=P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-W!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,@56YD:7-C
M;W5N=&5D(#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`Y+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C`Y+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S/"]F
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M;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^0VQA:6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4&]T96YT:6%L/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(Q-BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q-BXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@
M8FEL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R:6YC:7!A;#PO9F]N
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M;W(Z(S`P,#`P,#LG(#Y);G1E<F5S=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$T+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DQI86)I;&ET>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-31P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R:65S/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(Q-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q-BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^3F]N+6-O;G-O;&ED871E9"!6245S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M+CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,"XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,30N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,"XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C`N-CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,38N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,38N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D-O;G-O;&ED871E9"!6245S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,30N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-"XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+C4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XT/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C4\+V9O;G0^/"]T9#X\+W1R/CPO=&%B
M;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y38VAE9'5L92!/9B!,;W-S($%N9"!,;W-S($%D:G5S=&UE
M;G0@17AP96YS97,@4F5S97)V97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3<N-S5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;B!,
M;W-S(&%N9"!,044@4F5S97)V97,@9F]R('1H92!996%R($5N9&5D($1E8V5M
M8F5R(#,Q+"`R,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4W+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S($QO<W,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y'<F]S<R!,;W-S/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4W+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%N9"!,044\+V9O;G0^/"]T9#X\
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M;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-C<F5T:6]N/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0S+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-#(N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I
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M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YA;F0@3$%%
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4W+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E<V5R
M=F5S(&%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^9F]R($-A<V5S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#YO9B!#;&%I;3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H
M86YG97,@:6X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
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M:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YE
M87)N960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E<R!A<R!O9CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU-RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#YW:71H/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,
M:6%B:6QI='D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7-C;W5N=#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4Q
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-H86YG97,@:6X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3$%%/"]F;VYT/CPO=&0^/'1D
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-3<N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\
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M=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E)E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)A=&5S/"]F;VYT
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M;&]R.B,P,#`P,#`[)R`^07-S=6UP=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y2979E;G5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S97)V97,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N=#X\<W5P/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO
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M=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-3`N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4P+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S9P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,V<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q-3<I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^,30\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^-SD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#,U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C=P=#MC;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@
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M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.2D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,S$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O
M;&]R.B,P,#`P,#`[)R`^-3`V/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C
M;VQS<&%N/3-$,C8@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.#DN-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#@Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?
M7U]?7U]?7SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(V
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#@Y+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@Y+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%!R:6UA<FEL
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;B!,;W-S(&%N9"!,044@4F5S
M97)V97,@9F]R('1H92!996%R($5N9&5D($1E8V5M8F5R(#,Q+"`R,#$S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D=R;W-S($QO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,R+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
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M/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
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M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C$N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D=R;W-S($QO<W,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3<N
M-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^86YD($Q!13PO9F]N=#X\+W1D/CQT9"!S='EL
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M;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y087EM96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%C8W)E=&EO;CPO
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@
M:6X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HV,2XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^86YD($Q!13PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E<R!A<R!O9CPO9F]N
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M8V]L;W(Z(S`P,#`P,#LG(#YF;W(@0V%S97,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#YO9B!#;&%I;3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@
M:6X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YE87)N960\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^/'1D('-T
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E<G9E<R!A<R!O9CPO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^=VET:#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DQI86)I;&ET>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1I<V-O=6YT/"]F
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M;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E!R96UI=6T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,044\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
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M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E8V5M8F5R(#,Q+#PO9F]N=#X\
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT
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M:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E)E<V5R=F5S/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`[)R`^1&ES8V]U;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y2
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M.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S<W5M<'1I;VYS/"]F;VYT/CPO
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M.V-O;&]R.B,P,#`P,#`[)R`^4F5V96YU93PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O
M;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4P+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XX-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S,W*3PO9F]N=#X\+W1D/CQT9"!S
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S(N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,R+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#DR*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,CPO9F]N
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-31P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/C8T,3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O
M<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
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M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M<CHC,#`P,#`P.R<@/B@Q*2`M(%!R:6UA<FEL>2!C:&%N9V5S(&EN(&%M;W5N
M="!A;F0@=&EM:6YG(&]F('!A>6UE;G1S+CPO9F]N=#X\+W1D/CPO='(^/"]T
M86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E-C:&5D=6QE($]F($EN<W5R86YC92!,;W-S(%)E8V]V
M97)A8FQE($%N9"!#:&%N9V5S($EN(%)E8V]V97)I97,@3VX@56YP86ED($QO
M<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B
M;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O
M<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M0FQA8VL[;6EN+7=I9'1H.C(Y,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@:6X@26YS=7)A
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^9F]R('1H92!996%R($5N9&5D($1E
M8V5M8F5R(#,Q+"`R,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-S(N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,"XR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3`N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-"XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#0N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y#;VQL96-T:6]N<SPO9F]N=#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.V)O<F1E<BUT;W`M
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M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S9P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3(N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0P
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M.D)L86-K.VUI;BUW:61T:#HU,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S(&]F/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#0N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#YF;W(@0V%S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%C8W)E=&EO
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I;CPO9F]N=#X\+W1D/CQT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG97,@:6X\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0P+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07,@;V8\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-S(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU,"XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3`N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E
M;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0T+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G=I=&@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/F]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7-C;W5N=#PO9F]N=#X\
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M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^0VAA;F=E<R!I;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C9P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-#,N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQ!13PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-S@N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3`N,C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4P+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0T+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V
M97)I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R:65S/"]F;VYT/CPO
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M.B,P,#`P,#`[)R`^4F%T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-U;7!T:6]N<SPO
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M8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R:65S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D]T:&5R/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HW."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/DEN<W5R86YC92!L;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
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M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-S(N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,BXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#YR96-O=F5R86)L93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-CDT/"]F
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M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,3`X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-S<I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<I/"]F
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M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C4S,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW."XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)I97,@;VX@=6YP
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/FQO<W-E<SPO9F]N=#X\+W1D/CQT9"!S
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M:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR,#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@W.2D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-BXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M<CHC,#`P,#`P.R<@/C$T-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW."XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/CDP,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,3`X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S9P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$W/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S9P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,S,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34V*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,V+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XV.#`\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0Y,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R-B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0Y
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D@4')I;6%R:6QY(&-H86YG97,@:6X@86UO=6YT(&%N9"!T:6UI;F<@
M;V8@8V]L;&5C=&EO;G,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E
M.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S(N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$V(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,C@U+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR.#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN($EN
M<W5R86YC92!,;W-S(%)E8V]V97)A8FQE(&%N9"!296-O=F5R:65S(&]N(%5N
M<&%I9"!,;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M;6EN+7=I9'1H.C(X-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!T:&4@665A<B!%;F1E9"!$96-E
M;6)E<B`S,2P@,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P
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M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3`N,C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4P+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^1W)O<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0T+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-"XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C9P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^
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M(S`P,#`P,#LG(#Y'<F]S<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M.D)L86-K.VUI;BUW:61T:#HU,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E<V5R=F4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0T+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D-O;&QE8W1I;VYS/"]F;VYT/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#,N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
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M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5S97)V93PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E>'0M86QI9VXZ
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M,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#0N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YF;W(@0V%S97,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D%C8W)E=&EO;CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
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M(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M-3`N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4P+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-"XR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#0N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#YW:71H/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YO9CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D1I<V-O=6YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V5S(&EN/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,RXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3$%%/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
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M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E
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M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU,"XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3`N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F
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M.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E<FEE<SPO9F]N=#X\+W1D/CQT9"!S
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E)E8V]V97)I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F%T97,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y!<W-U;7!T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R
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M:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC92!L;W-S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:61T:#HS-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
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M;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-S(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPV-#@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@S+#`Q,2D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S9P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S9P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#,S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S8N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,X*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-BXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3<I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/C8Y-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW."XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<X+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)I97,@;VX@=6YP86ED
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/FQO<W-E<SPO9F]N=#X\+W1D/CQT
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M:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XS,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S@I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#DQ*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,V+C<U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@S*3PO9F]N=#X\+W1D/CQT9"!S
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#8\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-S@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS+#DX,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RPP,3$I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-G!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S9P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@
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M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-S$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,V+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#$I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-BXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S8N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$W
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/CDP,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#8@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-#%P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#%P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U\\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0S,RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#,S+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I(%!R:6UA<FEL>2!C:&%N
M9V5S(&EN(&%M;W5N="!A;F0@=&EM:6YG(&]F(&-O;&QE8W1I;VYS+CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CPO='(^/"]T86)L93X\
M+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T
M86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T
M7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N
M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B
M-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#0Q+FAT;6P-"D-O;G1E
M;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E
M;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT
M;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT
M+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS
M8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J
M($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D
M/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)
M1#!%5T=!0SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@
M8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY&86ER(%9A;'5E(&]F
M($9I;F%N8VEA;"!);G-T<G5M96YT<R`H5&%B;&5S*3QB<CX\+W-T<F]N9SX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-
M;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY497AT($)L;V-K
M(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^475A;G1I=&%T:79E($EN9F]R;6%T:6]N(%)E9V%R9&EN9R!4
M:&4@4VEG;FEF:6-A;G0@56YO8G-E<G9A8FQE($EN<'5T<R!&;W(@0V5R=&%I
M;B!!<W-E=',@06YD($QI86)I;&ET:65S($UE87-U<F5D($%T($9A:7(@5F%L
M=64@3VX@02!296-U<G)I;F<@0F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E
M.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q
M,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-3,N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER(%9A;'5E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34Q+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,30N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HX-W!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YA<R!O9CPO9F]N=#X\+W1D
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M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E)A;F=E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N
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M;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34Q+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,30N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HX-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^*%=E:6=H=&5D/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q
M.2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T
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M8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3$N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,34Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5A=&EO;B!496-H;FEQ=65S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,30N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M56YO8G-E<G9A8FQE($EN<'5T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.#=P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D%V97)A9V4I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q.2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E
M=',@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^3&]A;G,@<F5C96EV86)L92!A="!F86ER('9A
M;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PT,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-3$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-87)K970@
M<')I8V5S(&%D:G5S=&5D(&9O<B!F:6YA;F-I86P\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,30N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^26UP86-T(&]F(&9I;F%N8VEA;"!G=6%R86YT964\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.#=P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,"4@+2`Q,"4@*#(E*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3$Q+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3$Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("!G=6%R86YT965S('!R;W9I9&5D('1O
M(%9)12!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^3&]A;B!R97!U<F-H87-E(&-O;6UI=&UE;G1S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS-SD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-3$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7-C
M;W5N=&5D(&-A<V@@9FQO=SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O=F5R
M>2!R871E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D)R96%C:"!R871E<SPO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#4N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34Q+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3$T+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3$T+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@W<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M-W!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3$Y+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$Y+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S(&]F(&-O;G-O;&ED
M871E9"!6245S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N
M;W1E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^-S,U/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,34Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C`E("T@,S4E("@Q-B4I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&%D:G5S=&5D(&9O<B!F:6YA;F-I86P@
M9W5A<F%N=&5E<R!P<F]V:61E9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3$N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,30N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,30N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.#=P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C@W<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,3DN,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3DN,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0W)E9&ET(&1E<FEV871I
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
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M8VL[;6EN+7=I9'1H.C$Q-"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0TU"4SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^,C(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0D54($UO9&5L/"]F
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M=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)Y(')A=&5S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.#=P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C@W<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C(U)2`M(#DP)2`H-3DE*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/DYO;G!E<F9O<FUA;F-E(')I<VL\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M-W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.#=P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(E
M("T@,CDE("@R-24I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,34Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-3$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,30N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M5V5I9VAT960@879E<F%G92!L:69E("AI;B!Y96%R<RD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.#=P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2XS("T@,RXR("@R+C,I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3$N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,30N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^0TU"4R!S<')E861S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#=P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@W
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C`E("T@-#$E("@Q
M.24I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,3$N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^375L=&DM
M<V5C=&]R($-$3SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/D1I<F5C="!0<FEC92!-;V1E;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4S)2`M(#4S)2`H
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0D54($UO
M9&5L(&%N9"!$=6%L($1E9F%U;'0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,30N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5C
M;W9E<GD@<F%T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-#(E("T@-#4E("@T-24I/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYO;G!E<F9O<FUA;F-E(')I
M<VL\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX-W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#=P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#$E("T@-3$E("@U,"4I/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D(&%V97)A9V4@;&EF92`H:6X@
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C`N,B`M(#<N.2`H,2XQ*3PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,3DN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,3DN,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@9&5R:79A=&EV92!L:6%B:6QI=&EE<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^(#(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34Q+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-3$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7-C;W5N
M=&5D(&-A<V@@9FQO=SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-"XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-"XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#87-H(&9L;W=S
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M;VQO<CHC,#`P,#`P.R<@/B0P("T@)#@S("@D-#(I/"]F;VYT/CQS=7`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7SPO9F]N
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M:#HX-W!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q,2!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4V,"XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4V,"XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!296-O=F5R>2!R871E
M<R!A;F0@8G)E86-H(')A=&5S(&EN8VQU9&4@97-T:6UA=&5S(&%B;W5T('!O
M=&5N=&EA;"!V87)I871I;VYS(&EN('1H92!O=71C;VUE(&]F(&QI=&EG871I
M;VX@=VET:"!A(&-O=6YT97)P87)T>2X@/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,3$@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-C`N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-C`N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(I("T@36ED<&]I;G0@;V8@8V%S:"!F;&]W<R!A<F4@=7-E9"!F;W(@
M=&AE('=E:6=H=&5D(&%V97)A9V4N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE
M/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER(%9A;'5E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HW,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P
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M.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^87,@;V8\+V9O;G0^/"]T
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M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E)A;F=E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C
M96UB97(@,S$L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$W+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$W+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH5V5I9VAT
M960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3$Y+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$Y+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M
M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5F%L=6%T
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;F]B<V5R=F%B;&4@26YP=70\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<Q+C(U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^079E<F%G92D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3$Y+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$Y+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!O9B!C;VYS;VQI9&%T
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-30N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^3&]A;G,@<F5C96EV86)L92!A="!F86ER('9A
M;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PV,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^36%R:V5T
M('!R:6-E<R!A9&IU<W1E9"!F;W(@9FEN86YC:6%L/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^26UP86-T(&]F(&9I;F%N8VEA;"!G=6%R86YT964\
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,"4@+2`Q-R4@*#,E*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T9#X\
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M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`@9W5A<F%N=&5E
M<R!P<F]V:61E9"!T;R!6244@;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DQO
M86X@<F5P=7)C:&%S92!C;VUM:71M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,S4Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/E)E8V]V97)Y(')A=&5S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^0G)E86-H(')A=&5S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,3<N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3$Y+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$Y+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S(&]F(&-O;G-O;&ED871E
M9"!6245S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,3<N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y687)I86)L92!I;G1E
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/CDT,#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y-87)K970@<')I8V5S(&]F(%9)12!A<W-E=',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);7!A8W0@;V8@9FEN86YC:6%L
M(&=U87)A;G1E93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XP)2`M(#(U
M)2`H,3(E*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`@861J=7-T960@9F]R(&9I;F%N8VEA;"!G=6%R86YT965S('!R;W9I9&5D
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q.2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q.2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#<F5D:70@9&5R
M:79A=&EV92!L:6%B:6QI=&EE<RP@;F5T.CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#34)3/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`U,#PO9F]N=#X\+W1D/CQT
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^0D54($UO9&5L/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5C;W9E<GD@<F%T97,\+V9O
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4E("T@.3`E("@V,"4I/"]F;VYT
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F]N<&5R9F]R;6%N8V4@<FES
M:SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XX)2`M(#4W)2`H,C4E*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T
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M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D(&%V97)A
M9V4@;&EF92`H:6X@>65A<G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,3<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^0TU"4R!S<')E861S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$E
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DUU;'1I
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$:7)E8W0@4')I8V4@
M36]D96P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q-RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.;VYP97)F;W)M
M86YC92!R:7-K/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4W)2TU-R4@
M*#4W)2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3$N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3$N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^
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M,#`P,#`P.R<@/C@U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y"150@36]D96P@86YD($1U86P@1&5F875L=#PO9F]N
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E8V]V97)Y(')A=&5S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0R)2TY,"4@*#0U)2D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Q-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.;VYP97)F;W)M86YC92!R:7-K/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<Q+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$S)2`M(#4T)2`H,C4E*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Q,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,2XW-7!T.R`^/"]T9#X\
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M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D(&%V97)A9V4@
M;&EF92`H:6X@>65A<G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C`N
M,B`M(#@N-R`H,BXS*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C,S.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,3<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,3<N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!296-O=F5R>2!R871E<R!A;F0@8G)E
M86-H(')A=&5S(&EN8VQU9&4@97-T:6UA=&5S(&%B;W5T('!O=&5N=&EA;"!V
M87)I871I;VYS(&EN('1H92!O=71C;VUE(&]F(&QI=&EG871I;VX@=VET:"!A
M(&-O=6YT97)P87)T>2X@/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0V]M<&%N>2=S($%S<V5T<R!!;F0@3&EA8FEL:71I97,@365A<W5R960@
M070@1F%I<B!686QU92!/;B!296-U<G)I;F<@0F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R
M+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64@365A<W5R96UE;G1S(&%T(%)E
M<&]R=&EN9R!$871E(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y1=6]T960@4')I8V5S(&EN/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E-I9VYI9FEC86YT/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38V+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-C8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-T:79E($UA<FME=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-31P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3:6=N:69I8V%N
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M:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^0V]U;G1E<G!A<G1Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!)
M9&5N=&EC86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3V)S97)V86)L93PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E5N;V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S='EL
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^86YD($-A
M<V@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!A<R!O9CPO9F]N=#X\+W1D/CPO
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38V+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-C8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^07-S971S/"]F;VYT/CPO=&0^/'1D('-T
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DEN<'5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<'5T<SPO9F]N=#X\+W1D
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^0V]L;&%T97)A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL
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M86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#$I/"]F;VYT/CPO=&0^
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M<CHC,#`P,#`P.R<@/BA,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,
M979E;"`S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4T<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3F5T=&EN9SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N=#X\
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M.C8Q+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
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M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S.CPO9F]N=#X\+W1D
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/E4N4RX@5')E87-U<GD@86YD(&=O=F5R;FUE;G0@86=E;F-Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C4W,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Y,3PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3
M=&%T92!A;F0@;75N:6-I<&%L(&)O;F1S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ+#<R-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&=O=F5R;FUE;G1S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(Y,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L
M:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L,#0X/"]F;VYT
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO
M9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO
M9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#`U.#PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y-;W)T9V%G92UB86-K960@<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!A9V5N8WD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,38R/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CPO=&0^/'1D
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M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$L,38R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A
M9V4M8F%C:V5D(&YO;BUA9V5N8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4V/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@Q
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M0V]M;65R8VEA;"!M;W)T9V%G92UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C(R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D%S<V5T+6)A8VME9"!S96-U<FET:65S.CPO9F]N
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M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B="!O8FQI9V%T:6]N
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@W
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3,\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB
M86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U
M-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@U/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C0Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^5&]T86P@9FEX960M;6%T=7)I='D@:6YV97-T;65N=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C<Y-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-2PS-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-BPS-#4\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^36]N97D@;6%R:V5T('-E8W5R
M:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C0R.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#(X/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/E!E<G!E='5A;"!D96)T(&%N9"!E<75I='D@<V5C=7)I=&EE
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,Q/"]F;VYT/CPO=&0^/'1D
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M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CPO=&0^
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-A
M<V@@86YD(&-A<V@@97%U:79A;&5N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<R.3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-S(Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@87-S971S
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYO;BUI;G-U<F5D(&1E<FEV871I
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T92!D
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^07-S971S(&AE;&0@9F]R('-A;&4Z/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^17%U:71Y('-E8W5R:71I97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
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M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]A;G,@<F5C96EV86)L92!A="!F86ER
M('9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,3$\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<Q,3PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M87-H(&%N9"!C87-H(&5Q=6EV86QE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-34\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#$R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,C<V<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-S9P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64@365A<W5R96UE
M;G1S(&%T(%)E<&]R=&EN9R!$871E(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y1=6]T960@4')I
M8V5S(&EN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-I9VYI9FEC86YT/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M
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M/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,38V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-C8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^06-T:79E($UA<FME=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3
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M86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]U;G1E<G!A<G1Y/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/F9O<B!)9&5N=&EC86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3V)S97)V
M86)L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N;V)S97)V86)L93PO9F]N=#X\+W1D
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^86YD($-A<V@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!A<R!O9CPO9F]N
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,38V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-C8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^07-S971S/"]F;VYT/CPO
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M<CHC,#`P,#`P.R<@/DEN<'5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<'5T<SPO
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M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^0V]L;&%T97)A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E
M<B`S,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8Y<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#$I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,979E;"`R*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/BA,979E;"`S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3F5T=&EN9SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S
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M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/DUO<G1G86=E+6)A8VME9"!S96-U<FET:65S
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C
M:V5D(&YO;BUA9V5N8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3<\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.#$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$X,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^.#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M.#8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^07-S970M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$X,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I;VYS/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@Q+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S970M8F%C:V5D
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C$\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:#PO9F]N
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M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQO86YS(')E8V5I=F%B
M;&4@870@9F%I<B!V86QU93H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT
M:6%L(&QO86YS(')E8V5I=F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XQ+#0S,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N(')E<'5R8VAA<V4@8V]M;6ET;65N=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M;W(Z(S`P,#`P,#LG(#XS-SD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,S<Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&%S<V5T
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8Q+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C(L,#@W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPU,3`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPP.3<\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;W(Z(S`P,#`P,#LG(#XQ,"PV,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.38N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA
M8FEL:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^365D:75M+71E<FT@;F]T97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8Q+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DW/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D1E<FEV871I=F4@;&EA8FEL:71I97,Z/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^26YS=7)E9"!D97)I=F%T:79E<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$X,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D-R961I="!D97)I=F%T:79E<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T-#PO9F]N=#X\+W1D/CQT9"!S='EL
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR-#8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^3F]N+6EN<W5R960@9&5R:79A=&EV97,Z/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.#$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S="!R871E(&1E<FEV871I=F5S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#@\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V-SPO9F]N=#X\+W1D/CPO='(^
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(#PO9F]N
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M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQI
M86)I;&ET:65S(&AE;&0@9F]R('-A;&4Z/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$X.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT:71Y(&YO=&5S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M;W(Z(S`P,#`P,#LG(#XT,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C0S,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y087EA8FQE(&9O<B!L;V%N<R!P
M=7)C:&%S960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,R,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S(S/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$Y-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3DV+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D]T:&5R(&QI86)I;&ET:65S.CPO9F]N=#X\+W1D/CQT
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M=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ.#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ.#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/E=A<G)A;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C@\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3DV+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.38N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71I97,@;V8@8V]N<V]L:61A
M=&5D(%9)17,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X.7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X.7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT
M97)E<W0@96YT:71Y(&YO=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M+#,Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C<S-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR+#`T-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.38N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!L:6%B:6QI=&EE
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8Q+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#,T-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#(P,#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.#$I
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C,L-#8S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DV
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?
M7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O
M<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(Q(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-34P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-3`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,2D@+2!5;F]B<V5R=F%B;&4@:6YP=71S(&%R92!E:71H
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M,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.D)L86-K.VUI;BUW:61T:#HR-S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<B!686QU92!-96%S
M=7)E;65N=',@870@4F5P;W)T:6YG($1A=&4@57-I;F<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$V-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^475O=&5D(%!R
M:6-E<R!I;CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3:6=N:69I8V%N=#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!8W1I=F4@36%R:V5T<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-I9VYI9FEC
M86YT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-O=6YT97)P87)T>3PO9F]N=#X\+W1D/CQT9"!S='EL
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F9O<B!)9&5N=&EC
M86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3V)S97)V86)L93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E5N;V)S97)V86)L93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YA;F0@0V%S:#PO9F]N=#X\
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y"86QA;F-E(&%S(&]F/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-CEP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G!U=',\+V9O
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M;W(Z(S`P,#`P,#LG(#Y);G!U=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;#PO9F]N
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M(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
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M8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-CEP=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#(I
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M.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#,I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYE
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$Y-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
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M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R
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M;VQO<CHC,#`P,#`P.R<@/D9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S.CPO
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
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M<CHC,#`P,#`P.R<@/E4N4RX@5')E87-U<GD@86YD(&=O=F5R;FUE;G0@86=E
M;F-Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C,Y-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ-38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4U,SPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^4W1A=&4@86YD(&UU;FEC:7!A;"!B;VYD<SPO9F]N=#X\+W1D
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M:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PW-C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L-S@T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N(&=O=F5R
M;FUE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8U/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#D\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PW-S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$L.#(T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K960@<V5C=7)I=&EE
M<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R=&=A9V4M8F%C:V5D(&%G
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-S,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,3<S/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y297-I9&5N=&EA
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M=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^.#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^.3(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D-O;6UE<F-I86P@;6]R=&=A9V4M8F%C:V5D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M;W(Z(S`P,#`P,#LG(#XR-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,SD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T+6)A8VME9"!S96-U<FET
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I
M;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C@R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,34T/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB86-K
M960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S,#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3@X/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M,#`P,#`P.R<@/E1O=&%L(&9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XU,#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C4L,C0X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C,Y/"]F;VYT/CPO=&0^/'1D
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4L.3DV
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^36]N97D@;6%R:V5T('-E8W5R:71I97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C<X,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-S@S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4&5R<&5T
M=6%L(&1E8G0@86YD(&5Q=6ET>2!S96-U<FET:65S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:"!A;F0@8V%S:"!E<75I
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-C$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,38Q/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^1&5R:79A=&EV92!A<W-E=',Z/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$X-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DYO;BUI;G-U<F5D(&1E<FEV871I=F4@87-S971S.CPO9F]N=#X\
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M:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3@P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y);G1E<F5S="!R871E(&1E<FEV871I=F5S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XT-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@T,BD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XT/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64@365A<W5R96UE;G1S(&%T(%)E
M<&]R=&EN9R!$871E(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HV.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E%U;W1E9"!0<FEC97,@:6X\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4VEG;FEF:6-A;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
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M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^06-T:79E($UA<FME=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3:6=N:69I8V%N=#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#YF;W(@261E;G1I8V%L/"]F;VYT/CPO=&0^
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M,#`P,#`P.R<@/D]B<V5R=F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;F]B<V5R
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M:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^86YD($-A<V@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YP=71S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M26YP=71S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D-O;&QA=&5R86P\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C
M96UB97(@,S$L/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8Y<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QE=F5L(#$I/"]F
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,979E;"`R*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-31P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/BA,979E;"`S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.971T:6YG/"]F;VYT/CPO
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M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L
M<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!O9B!C;VYS
M;VQI9&%T960@5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
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M9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M;W)P;W)A=&4@;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX.3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^36]R=&=A9V4M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!N;VXM86=E;F-Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-34\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`\+V9O;G0^/'-U<#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4Y/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L(&UO<G1G86=E
M+6)A8VME9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`R/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS
M=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO
M<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P-3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M07-S970M8F%C:V5D('-E8W5R:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#!P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;&QA=&5R
M86QI>F5D(&1E8G0@;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
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M;6EN+7=I9'1H.C$X,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^3W1H97(@87-S970M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XT-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.3@\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$X-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/DUO;F5Y(&UA<FME="!S96-U<FET:65S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$S-CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V%S:#PO9F]N=#X\+W1D
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M:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^.3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/CDW/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N<R!R96-E:79A8FQE(&%T
M(&9A:7(@=F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ+#8Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#8Q,CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&]A;B!R97!U<F-H87-E(&-O;6UI=&UE;G1S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,S4Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,U
M.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&%S<V5T<SPO9F]N=#X\+W1D/CQT
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S$S
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-2PW-C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPS-3(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#0R*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,"PW
M.#8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,3DU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O
M<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-961I
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M,#,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,3DU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$97)I=F%T:79E(&QI86)I;&ET:65S.CPO
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M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F5D(&1E<FEV871I=F5S.CPO
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M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M(S`P,#`P,#LG(#Y#<F5D:70@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
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M,#`P,#`P.R<@/C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$T-SPO9F]N=#X\+W1D/CQT
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ+#$U,CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F]N+6EN<W5R960@9&5R:79A
M=&EV97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG
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M;&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/DEN=&5R97-T(')A=&4@9&5R:79A=&EV97,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&QI
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y787)R86YT<SPO
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M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL
M:71I97,@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$X-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N;W1E<SPO9F]N=#X\
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M:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,2PT,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BPS-38\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I
M=F4@;&EA8FEL:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#!P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-U<G)E;F-Y(&1E<FEV871I
M=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&QI86)I;&ET:65S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$L-C0U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L,S`Q/"]F;VYT/CPO
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-C4I/"]F
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C,L-S@Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
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M:SMM:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-BXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0V+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R,2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-34P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$I("T@56YO8G-E<G9A8FQE(&EN<'5T<R!A<F4@96ET:&5R(&YO="!D979E
M;&]P960@8GD@=&AE($-O;7!A;GD@;W(@9&\@;F]T('-I9VYI9FEC86YT;'D@
M:6UP86-T('1H92!O=F5R86QL(&9A:7(@=F%L=65S(&]F('1H92!A9V=R96=A
M=&4@9FEN86YC:6%L(&%S<V5T<R!A;F0@;&EA8FEL:71I97,N/"]F;VYT/CPO
M=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!(:65R87)C:'D@
M5&%B;&4@4')E<V5N=',@5&AE($-O;7!A;GDG<R!!<W-E=',@06YD($QI86)I
M;&ET:65S($YO="!296-O<F1E9"!!="!&86ER(%9A;'5E($]N(%1H92!#;VUP
M86YY)W,@0V]N<V]L:61A=&5D($)A;&%N8V4@4VAE970\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R
M+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,#<N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E%U;W1E9"!0<FEC97,@:6X\+V9O;G0^
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M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4VEG;FEF:6-A;G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VEG
M;FEF:6-A;G0@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L
M=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-A<G)Y(%9A;'5E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW,G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/B!!8W1I=F4@36%R:V5T<R!F;W(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5
M;F]B<V5R=F%B;&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC
M92!A<R!O9B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4@87,@
M;V8@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S
M+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M86QI
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M:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^($ED96YT:6-A;"!!<W-E=',\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^26YP=71S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H3&5V96P@,2D\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^("A,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#X@*$QE=F5L(#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[8F]R
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!I;G9E
M<W1M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^06-C<G5E9"!I;G9E<W1M96YT(&EN8V]M93PO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/C0S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N
M,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(S+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Y,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y296-E
M:79A8FQE(&9O<B!I;G9E<W1M96YT<R!S;VQD/"]F;VYT/CQS=7`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Y/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N
M,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!H96QD(&9O<B!S86QE.CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9A8VEL:71Y/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(V/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C,N,C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!O9B!C;VYS;VQI9&%T
M960@5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y
M,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M
M96YT<R!H96QD+71O+6UA='5R:71Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(L-C,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8S,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPW-3<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/E1O=&%L(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S
M.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C(L-C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPW-S0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XR+#@Y.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71I
M97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
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M.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^26YV97-T;65N="!A9W)E96UE;G1S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C<P-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,#4\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-30W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(S+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y
M,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-961I=6TM
M=&5R;2!N;W1E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,#$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C@P,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PP,#0\+V9O;G0^/"]T9#X\=&0@
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M<CHC,#`P,#`P.R<@/DQO;F<M=&5R;2!D96)T/"]F;VYT/CPO=&0^/'1D('-T
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M=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$L,3<R/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$W,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PX,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!A>6%B;&4@9F]R
M(&EN=F5S=&UE;G1S('!U<F-H87-E9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0R/"]F
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M8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960@
M5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT97)E
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S<Y/"]F;VYT/CPO=&0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR+#<W.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPW-3<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/E1O=&%L(&QI86)I;&ET:65S/"]F;VYT/CPO=&0^/'1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PR,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT+#(X-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C4L-#DY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPQ-C`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D9I;F%N8VEA;"!'=6%R86YT965S.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PP-3$\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-"PP-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PY-3D\+V9O;G0^/"]T9#X\=&0@<W1Y
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M,#`P,#`P.R<@/D-E9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P.3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,C`R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
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M:61T:#HR,RXR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q
M."!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4V,RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4V,RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<&]R
M=&5D('=I=&AI;B`F<75O=#M/=&AE<B!A<W-E=',F<75O=#L@;VX@34))028C
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M;&]R.B,P,#`P,#`[)R`^*#(I("T@4F5P;W)T960@=VET:&EN("9Q=6]T.T]T
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M/'1D(&-O;'-P86X],T0X(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`W
M+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,#<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64@365A<W5R96UE
M;G1S(&%T(%)E<&]R=&EN9R!$871E(%5S:6YG/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E%U
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M;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4VEG;FEF:6-A;G0\+V9O
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M:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^4VEG;FEF:6-A;G0@/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#87)R>2!686QU93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N
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M.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^($%C=&EV92!-87)K971S(&9O<CPO9F]N
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M8V]L;W(Z(S`P,#`P,#LG(#X@3W1H97(@3V)S97)V86)L93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3,N,C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y5;F]B<V5R=F%B;&4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4S+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^0F%L86YC92!A<R!O9B`\+V9O;G0^/"]T9#X\=&0@<W1Y
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y"86QA;F-E(&%S(&]F(#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^($ED96YT:6-A;"!!<W-E=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C8Y<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YP=71S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DEN<'5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S
M,2P\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H3&5V96P@,2D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8Y
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^("A,979E;"`R*3PO9F]N=#X\+W1D/CQT9"!S
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M;W(Z(S`P,#`P,#LG(#X@*$QE=F5L(#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P
M,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[8F]R
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3,N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!I;G9E
M<W1M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ.3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Y,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y!8V-R=65D(&EN=F5S=&UE;G0@:6YC;VUE/"]F;VYT/CQS=7`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P
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M:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4R/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-3(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5C96EV86)L92!F
M;W(@:6YV97-T;65N=',@<V]L9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(R/"]F;VYT/CPO=&0^
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M=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!C87-H(&-O;&QA=&5R86P@<&QE9&=E
M9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T<R!H
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1F%C:6QI='D\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Q+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Y/"]F;VYT/CPO=&0^/'1D('-T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N<V]L:61A
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;65N=',@:&5L
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8U,3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPV-3$\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,#`P,#`P.R<@/C(L.#`Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&%S
M<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M(S`P,#`P,#LG(#XR-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M+#8U-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S@R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L.3,S/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET:65S.CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26YV97-T;65N="!A9W)E
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C0N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@Q-#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XX,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<P,#PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ.3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Y,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y-961I=6TM=&5R;2!N;W1E<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,C<\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/CDR-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C(T/"]F;VYT
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DQO;F<M=&5R;2!D96)T/"]F;VYT
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M:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#$R/"]F;VYT/CPO=&0^/'1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#0Q,CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L-S`R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3DS+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!A>6%B
M;&4@9F]R(&EN=F5S=&UE;G1S('!U<F-H87-E9#PO9F]N=#X\<W5P/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<R!O9B!C;VYS;VQI9&%T960@
M5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV,2XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L-S4Q/"]F;VYT
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#<U,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C(L.3,P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&QI86)I;&ET
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8T+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C$N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PT-#,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
M+#0Y,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C4L.3,U/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8L-3@W/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D9I;F%N8VEA;"!'=6%R86YT965S.CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C$N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,2XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R
M+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DS+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.3,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPX-#,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,BPX-#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(L,S@X/"]F;VYT/CPO=&0^/"]T<CX\='(@
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M,#`P,#`P.R<@/D-E9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8T+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,2XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW
M,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C<V/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P,BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?
M7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q-R!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW+C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<&]R=&5D('=I=&AI;B`F<75O=#M/
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M86X[9F]N="US:7IE.C<N-7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@4F5P
M;W)T960@=VET:&EN("9Q=6]T.T]T:&5R(&QI86)I;&ET:65S)G%U;W0[(&]N
M($U"24$F(S,Y.W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S+CPO9F]N
M=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG97,@26X@3&5V96P@
M,R!!<W-E=',@365A<W5R960@070@1F%I<B!686QU92!/;B!!(%)E8W5R<FEN
M9R!"87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\
M=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN
M+71O<#HR,'!T.R`^/'1R(#X\=&0@8V]L<W!A;CTS1#0P(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-3,X+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S."XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0VAA;F=E<R!I
M;B!,979E;"`S($%S<V5T<R!A;F0@3&EA8FEL:71I97,@365A<W5R960@870@
M1F%I<B!686QU92!O;B!A(%)E8W5R<FEN9R!"87-I<R!F;W(@=&AE(%EE87(@
M16YD960@1&5C96UB97(@,S$L(#(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#:&%N9V4@:6X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
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M:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V%I
M;G,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH3&]S<V5S*2!F;W(\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YT:&4@4&5R:6]D/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YC;'5D960@:6X\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16%R;FEN9W,@9F]R/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V%I;G,@+SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX\
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M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH3&]S<V5S*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D=A:6YS("\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X8VAA;F=E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^<W1I;&P@:&5L
M9#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y296%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU
M9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QO<W-E<RD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
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M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4<F%N<V9E<G,\+V9O
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M;W(Z(S`P,#`P,#LG(#Y4<F%N<V9E<G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#YA<R!O9CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D)E9VEN;FEN9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V%I;G,@+SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/FEN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YC;'5D960\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X
M+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/FEN($]#22!O<CPO9F]N=#X\+W1D/CQT9"!S
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YO=70@;V8\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(W<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-W!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5N
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M.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^;V8@665A<CPO
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M;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/BA,;W-S97,I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN($]#23PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!U<F-H87-E
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y)<W-U86YC97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y386QE<SPO9F]N
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M;W(Z(S`P,#`P,#LG(#Y,979E;"`S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
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M8V]L;W(Z(S`P,#`P,#LG(#Y,979E;"`S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
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M;BUW:61T:#HR-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
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M('-T>6QE/3-$=VED=&@Z,C(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^1F]R96EG;B!G;W9E
M<FYM96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T92!O8FQI
M9V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M<CHC,#`P,#`P.R<@/C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@8F%C:V5D(&%G
M96YC>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@X*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M<CHC,#`P,#`P.R<@/B@R.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y2
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&)A8VME9"!N;VXM86=E;F-Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VUM97)C:6%L
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^("!M;W)T9V%G92UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,30\+V9O;G0^/"]T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B=#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@;V)L:6=A
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M.V-O;&]R.B,P,#`P,#`[)R`^.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^,C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$U*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#$I
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M,#`P,#`P.R<@/C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^.#<\+V9O
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y/=&AE<B!A<W-E="UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-3@\+V9O
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@Q,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C4R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@R-RD\
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M<CHC,#`P,#`P.R<@/C@U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^4W1A=&4@86YD(&UU;FEC:7!A
M;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`@8F]N9',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3D\+V9O;G0^/"]T9#X\=&0@<W1Y
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#0I/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@T
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XT-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-3(I/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XX/"]F
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^4&5R<&5T=6%L(&1E8G0@86YD(&5Q=6ET>3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
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M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^('-E8W5R:71I97,\
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M.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3,I/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0\
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M,#`P,#`[)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^("!C;VYS;VQI9&%T960@5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A
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M.V-O;&]R.B,P,#`P,#`[)R`^-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^/'1D
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@S*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@8F%C:V5D(&YO;BUA9V5N
M8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS/"]F;VYT/CPO=&0^/'1D
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M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^0V]M
M;65R8VEA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T
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M,#`P,#`P.R<@/B`@;6]R=&=A9V4M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C8N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B=#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@;V)L
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-30\+V9O;G0^
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C8I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,"D\+V9O
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M,#`P,#`P.R<@/C(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.2D\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N<R!R96-E:79A8FQE/"]F
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M,#`P,#`P.R<@/C$L-C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C(P*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,2PT,S$\+V9O;G0^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/C,Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C(N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.V-O;&]R.B,P,#`P,#`[)R`^("!C;VUM:71M96YT<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XS-3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,W.3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y4;W1A;"!A<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,BPS-3(\+V9O;G0^
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XS,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\=&0@
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,S$V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,3$P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-#`\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T,"D\+V9O;G0^/"]T
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(L
M,#DW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XU,3PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\
M9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM
M87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!C;VQS<&%N/3-$-#`@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-3$N,C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U,2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H
M86YG97,@:6X@3&5V96P@,R!!<W-E=',@86YD($QI86)I;&ET:65S($UE87-U
M<F5D(&%T($9A:7(@5F%L=64@;VX@82!296-U<G)I;F<@0F%S:7,@9F]R('1H
M92!996%R($5N9&5D($1E8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;CPO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C%P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T
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M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=A:6YS/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T
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M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,;W-S97,I(&9O
M<CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C%P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YT:&4@
M4&5R:6]D/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DEN8VQU9&5D(&EN/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
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M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C%P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y%87)N:6YG<R!F;W(\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.F-E;G1E
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M=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D=A:6YS("\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E
M86QI>F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&;W)E:6=N/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C%P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
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M<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA,;W-S97,I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^1V%I;G,@+SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S@N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AC:&%N9V4\
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M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G-T
M:6QL(&AE;&0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HS,"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296%L:7IE9#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DEN8VQU9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QO<W-E<RD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E)E8V]G;FEZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4<F%N<V9E<G,\+V9O;G0^
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M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%S(&]F/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"96=I;FYI;F<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,P+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D=A:6YS("\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;CPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DEN8VQU9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;B!/0TD@
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HR,7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;G1O/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^;W5T(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS,"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%;F1I;F<\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
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M.V-O;&]R.B,P,#`P,#`[)R`^;V8@665A<CPO9F]N=#X\+W1D/CQT9"!S='EL
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/BA,;W-S97,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F
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M=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/FEN($]#23PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5A
M<FYI;F=S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!U<F-H87-E<SPO9F]N=#X\+W1D
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y)<W-U86YC97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS."XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3971T;&5M
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y386QE<SPO9F]N=#X\+W1D/CQT9"!S
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y,979E;"`S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\
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M(S`P,#`P,#LG(#Y,979E;"`S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U
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M:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S.CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/D9O
M<F5I9VX@9V]V97)N;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$X/"]F;VYT/CPO
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O
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M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(V+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C<V/"]F
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M,#`P,#`P.R<@/B@Q-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(X*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E)E
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&)A8VME9"!A9V5N
M8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+3PO9F]N=#X\+W1D/CQT9"!S
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&)A
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^0V]M;65R8VEA;#PO9F]N=#X\+W1D/CQT9"!S
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&UO
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(X/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@9&5B=#PO9F]N
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M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\
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M,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3(\+V9O;G0^/"]T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XV,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,Q/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E
M="UB86-K960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$P*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0W/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XU.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E-T871E(&%N9"!M=6YI8VEP86P\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.B,P,#`P,#`[)R`^("!B;VYD<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$P,SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,3,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C0R/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
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M=#MC;VQO<CHC,#`P,#`P.R<@/C$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^4&5R<&5T=6%L(&1E
M8G0@86YD(&5Q=6ET>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@('-E8W5R:71I97,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\=&0@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E
M=',@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.V-O;&]R.B,P,#`P,#`[)R`^("!C;VYS;VQI9&%T960@5DE%<SH\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^0V]R<&]R871E(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-S@\+V9O;G0^
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M;&]R.B,P,#`P,#`[)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XV/"]F
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C0I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&)A8VME9"!N;VXM86=E;F-Y
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M,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C8\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M;VQO<CHC,#`P,#`P.R<@/B@T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^0V]M;65R8VEA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&UO<G1G86=E+6)A8VME9#PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C0I/"]F;VYT/CPO=&0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/D-O;&QA=&5R86QI>F5D(&1E8G0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!O8FQI9V%T:6]N
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M,#`P,#`P.R<@/C$R-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.#4I/"]F
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M<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/D]T:&5R(&%S<V5T+6)A8VME9#PO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C8T/"]F
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#DI/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M,#`P,#`[)R`^*#$T*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C$\
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M,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C4T/"]F;VYT/CPO=&0^/'1D
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M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^3&]A
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$L.#@Q/"]F;VYT/CPO=&0^/'1D('-T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M;&]R.B,P,#`P,#`[)R`^,3@P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(W-2D\
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M,#`P,#`[)R`^*#$W-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<CHC,#`P,#`P.R<@/C$L-C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-C8\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N(')E<'5R8VAA
M<V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;&]R.B,P,#`P,#`[)R`^("!C;VUM:71M96YT<SPO9F]N=#X\+W1D/CQT9"!S
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3<R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M;&]R.B,P,#`P,#`[)R`^*#@Y.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C8N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^,S4Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-S(\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!A<W-E=',\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XS+#4S,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.2D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,T,CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC
M,#`P,#`P.R<@/C<U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$L,C<R*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S<T*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$Y-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,BPS-3(\+V9O;G0^/"]T
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,U
M,#PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG97,@26X@
M3&5V96P@,R!,:6%B:6QI=&EE<R!-96%S=7)E9"!!="!&86ER(%9A;'5E($]N
M($$@4F5C=7)R:6YG($)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
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M,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V4@
M:6X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG
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M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA'86EN<RD\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<R!F;W(\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/G1H92!097)I;V0\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
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M=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DEN8VQU9&5D(&EN/"]F;VYT/CPO=&0^/"]T
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M=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16%R;FEN9W,@9F]R/"]F;VYT/CPO
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M:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA'86EN<RD@+SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C,X+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX\+V9O
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M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&EA8FEL:71I
M97,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^*$=A:6YS*2`O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%>&-H
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M=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YS
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M,"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/DEN8VQU9&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y296-O9VYI>F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1R86YS
M9F5R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1R86YS9F5R<SPO9F]N=#X\+W1D/CQT
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M:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/"]T
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D)E9VEN;FEN9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$=A
M:6YS*2`O/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,T+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y)
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X@3T-)(&]R/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG
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M=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/FEN=&\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YO=70@;V8\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(W<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D5N9&EN9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5C96UB97(@,S$L/"]F
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M;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YO
M9B!996%R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,N
M-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,S`N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT
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M=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN($]#
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M.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5A<FYI;F=S/"]F;VYT/CPO=&0^/'1D
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y)<W-U86YC97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
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M8V]L;W(Z(S`P,#`P,#LG(#Y3971T;&5M96YT<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(W<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-W!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-A
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M:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQE=F5L(#,\+V9O;G0^/'-U<#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#$I
M/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,S0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQE=F5L(#,\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC93PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/C(P,30\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-C,N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,
M:6%B:6QI=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/DUE9&EU;2UT97)M(&YO=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(P,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M,C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3DW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^0W)E9&ET(&1E<FEV871I=F5S+"!N970\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#$T-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,34\+V9O;G0^/"]T9#X\
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#DP
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#$U*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(T-#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#(P*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/D]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,S+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^("!D97)I=F%T:79E<RP@;F5T/"]F;VYT
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-BD\+V9O
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(R+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C0\+V9O;G0^/"]T9#X\=&0@<W1Y
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@V*3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^5DE%(&YO=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^.30P/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M.B,P,#`P,#`[)R`^-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C$Q*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#0S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/C<S-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^-#(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#=7)R96YC>2!D97)I=F%T:79E<RP\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
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M=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
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M:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^/'1D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/'1D('-T
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$Q*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^,BPS,#$\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^-#0U
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@X-#@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#,R*3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#8R-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
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M;VQO<CHC,#`P,#`P.R<@/B@T,RD\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M,C`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[8F]R9&5R+71O
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M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C(N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-#`@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-#@N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#@N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@5')A;G-F97)R
M960@:6X@86YD(&]U="!A="!T:&4@96YD(&]F('1H92!P97)I;V0N/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-#`@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HU-#@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#@N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@4')I;6%R:6QY(')E;&%T97,@=&\@
M=&AE(&1E8V]N<V]L:61A=&EO;B!O9B!6245S+B`\+V9O;G0^/"]T9#X\+W1R
M/CPO=&%B;&4^/"]D:78^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L
M;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#:&%N9V4@:6X\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S
M+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO
M<W-E<R!F;W(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-BXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,C,N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
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M:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^=&AE
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-L
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI
M>F5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^16%R;FEN9W,@9F]R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
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M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/BA'86EN<RD@+SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D9O<F5I9VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(S+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y,:6%B:6QI=&EE<SPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
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M;W(Z(S`P,#`P,#LG(#Y,;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH1V%I;G,I
M("\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C,X+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5X8VAA;F=E/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^<W1I;&P@:&5L9#PO9F]N=#X\
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M;W(Z(S`P,#`P,#LG(#Y"86QA;F-E+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^4F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-L=61E9#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S@N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5C;V=N:7IE
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M;&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1R86YS9F5R<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E1R86YS9F5R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0R<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/F%S(&]F/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D)E9VEN;FEN
M9SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,N-S5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,S`N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$=A:6YS*2`O/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^:6X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-L=61E9#PO9F]N=#X\
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M.B,P,#`P,#`[)R`^:6X@3T-)(&]R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M:6YT;SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,S0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F]U="!O9CPO9F]N=#X\+W1D/CQT9"!S
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M:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^16YD
M:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HT,G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F]F(%EE87(\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,"XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S97,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M16%R;FEN9W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^:6X@3T-)/"]F;VYT/CPO=&0^
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M,#`P,#`[)R`^16%R;FEN9W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4'5R8VAA<V5S
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M:6XM=VED=&@Z,S0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DES<W5A;F-E<SPO9F]N=#X\+W1D/CQT9"!S
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4V%L97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
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M;&]R.B,P,#`P,#`[)R`^3&5V96P@,SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^
M/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
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M.V-O;&]R.B,P,#`P,#`[)R`^3&5V96P@,SPO9F]N=#X\<W5P/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O
M;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
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M8V]L;W(Z(S`P,#`P,#LG(#Y"86QA;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/DQI86)I;&ET
M:65S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(V+C(U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C(Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XS.#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/D-R961I="!D97)I=F%T:79E<RP@;F5T/"]F;VYT
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^,BPY,C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,2PU-#@\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$L-S<X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#4T."D\+V9O;G0^/"]T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XX-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC
M;VQO<CHC,#`P,#`P.R<@/DEN=&5R97-T(')A=&4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(S+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(S+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@9&5R
M:79A=&EV97,L(&YE=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@
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M;VQO<CHC,#`P,#`P.R<@/B@Q."D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y#=7)R96YC>2`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C8N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C8N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B`@9&5R:79A
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M=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/'1D('-T
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M=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&EA8FEL:71I97,@;V8@/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIR
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#X@(&-O;G-O;&ED
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA
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M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^5DE%(&YO=&5S/"]F;VYT/CPO=&0^/'1D
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,2PY,S(\
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M-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#`\+V9O;G0^/"]T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
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M=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,C<W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2PP-S8I/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$X,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#`\+V9O;G0^/"]T
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/CDR/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C8S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[
M)R`^0W5R<F5N8WD@9&5R:79A=&EV97,L/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
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M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.W1E>'0M86QI9VXZ
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T
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M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
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M,#`P,#`P.R<@/B`@;F5T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,C$\+V9O;G0^/"]T9#X\
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3`I/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
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M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG
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M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HR,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,BXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q,"D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y4;W1A;"!L:6%B:6QI=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/C4L,#,Y/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C8N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L-30X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@Q+#4W-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XY/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,2PX,C4I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#`W-BD\+V9O;G0^/'-U
M<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W-U
M<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M.#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C9P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,C(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HV<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#,P,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^,3@Y/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?7U]?
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-BXR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-BXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D
M97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C-P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL
M93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
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M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D
M97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93ID
M;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$-#`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU-#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$I("T@5')A;G-F97)R960@:6X@86YD(&]U="!A="!T:&4@96YD(&]F('1H
M92!P97)I;V0N/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-#`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-#EP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-#EP=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-G!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@4')I;6%R:6QY(')E
M;&%T97,@=&\@=&AE(&1E8V]N<V]L:61A=&EO;B!O9B!6245S+CPO9F]N=#X\
M+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=A:6YS($%N9"!,;W-S97,@*%)E
M86QI>F5D($%N9"!5;G)E86QI>F5D*2!);F-L=61E9"!);B!%87)N:6YG<R!0
M97)T86EN:6YG(%1O($QE=F5L(#,@07-S971S($%N9"!,:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y
M;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T
M.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M.D)L86-K.VUI;BUW:61T:#HQ-CDN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;B!5;G)E86QI
M>F5D($=A:6YS("A,;W-S97,I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\
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M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ-CDN-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38Y+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YF;W(@
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M.B,P,#`P,#`[)R`^5&]T86P@1V%I;G,@*$QO<W-E<RD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-CDN-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,38Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#YF;W(@07-S971S(&%N9"!,:6%B:6QI=&EE<R!S=&EL;#PO
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN
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M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-L=61E
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-CDN-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FAE;&0@
M87,@;V8@1&5C96UB97(@,S$L(#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR
M,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L
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M.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU,RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DX+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DX+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Y,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("`@:6YS=7)E9"!D
M97)I=F%T:79E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/CDP,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PW-S@\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@X-RD\+V9O;G0^/"]T9#X\=&0@
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E86QI
M>F5D(&=A:6YS("AL;W-S97,I(&%N9"!O=&AE<CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Y,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@("!S971T;&5M96YT<R!O;B!I;G-U<F5D(&1E<FEV
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@T-#4I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$L-30X*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-#`W*3PO9F]N=#X\+W1D/CQT9"!S
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S
M<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M<CHC,#`P,#`P.R<@/B`@(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC
M:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S<I
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M;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R/"]F;VYT/CPO
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,3(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#8I/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&EN=F5S=&UE;G0@;&]S
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M("!O=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A:7)M96YT<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,RXW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-C@I
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^4F5V96YU97,@;V8@8V]N<V]L:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^
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M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@("!.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE
M;G1S(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`@("`@(&%T(&9A:7(@
M=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#,R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MT
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V,#PO9F]N=#X\+W1D
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M(S`P,#`P,#LG(#XH,S<V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C8P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,RXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(W,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3DX+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DX+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XT-#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,S4S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#`S,3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ-C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C4P/"]F;VYT
M/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E<R!);B!&86ER(%9A
M;'5E($EN8VQU9&5D($EN(%1H92!#;VUP86YY)W,@0V]N<V]L:61A=&5D(%-T
M871E;65N=',@3V8@3W!E<F%T:6]N<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z
M8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S($5N
M9&5D($1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0Q+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/C(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-RXW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(W+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DEN=F5S=&UE
M;G1S(&-A<G)I960@870@9F%I<B!V86QU93PO9F]N=#X\<W5P/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-RXW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4V+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4V+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y&:7AE9"UM871U
M<FET>2!S96-U<FET:65S(&AE;&0@870@9F%I<B!V86QU92U6244\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$P-"D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-38N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H-S0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H-34I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^3&]A;G,@<F5C96EV86)L92!A="!F86ER('9A;'5E.CPO9F]N=#X\
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M-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E(&QO86YS/"]F
M;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O
M;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q.#(I/"]F;VYT/CPO=&0^/'1D
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@*#$P-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-BXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q,#<I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!L;V%N<SPO9F]N=#X\<W5P
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/B`Q,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(W+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H-38I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^3&]A
M;B!R97!U<F-H87-E(&-O;6UI=&UE;G1S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N-S5P
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3<R/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-RXW-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/B`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^365D:75M+71E<FT@;F]T
M97,\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(W+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^(#,X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-38N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^5F%R:6%B;&4@:6YT97)E<W0@96YT:71Y(&YO=&5S(#PO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO
M<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(V.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(W+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(W+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU-BXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,3!P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M-BXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-BXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$Q(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#4V+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4V+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M(%)E<&]R=&5D('=I
M=&AI;B`F<75O=#M.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U-BXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!297!O<G1E9"!W
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M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y$:69F97)E;F-E($)E='=E96X@06=G<F5G871E($9A:7(@5F%L=64@06YD
M(%1H92!!9V=R96=A=&4@4F5M86EN:6YG($-O;G1R86-T=6%L(%!R:6YC:7!A
M;"!"86QA;F-E($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
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M9'1H.C(Q.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<R!O9B!$96-E;6)E
M<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<R!O9B!$96-E;6)E
M<B`S,2P@,C`Q,SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
M,3EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,3EP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT.'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D-O;G1R86-T=6%L/"]F;VYT/CPO=&0^/'1D
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0X<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]N=')A8W1U
M86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3EP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3EP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT.'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#AP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D]U='-T86YD:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0X<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^3W5T<W1A;F1I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR,CDN-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(R.2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\
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M(S`P,#`P,#LG(#Y0<FEN8VEP86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&EF9F5R96YC
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y0<FEN8VEP86P\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C0R+C<U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M1&EF9F5R96YC93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,CDN-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(R.2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V%N<R!R96-E:79A8FQE
M(&%T(&9A:7(@=F%L=64Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\
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M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,3EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,3EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E(&QO86YS/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-34T
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,2PS-S<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-S<\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L.#0V/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PU-C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR.#0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C$Y<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C$Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y297-I9&5N=&EA;"!M;W)T9V%G92!L;V%N<R`H.3`@9&%Y<R!O
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C(W/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C4T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(S,3PO
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M(S`P,#`P,#LG(#XU,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#$\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$Y<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$Y<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!L;V%N<SPO9F]N=#X\+W1D
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M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-S(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C<Q,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C(R.2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(Y+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&QO86YS(')E8V5I=F%B
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#4P,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L,30R/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S8P/"]F;VYT/CPO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#`W-SPO
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M-C$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-#8U/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(Q.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C(Y+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,CDN
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5F%R:6%B;&4@
M:6YT97)E<W0@96YT:71Y(&YO=&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L-3@T/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPT-SD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ+#$P-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPW.#<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#,U-CPO9F]N
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$L-#,Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(Q.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M:6XM=VED=&@Z-#`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C(Y+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,CDN
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^365D:75M+71E
M<FT@;F]T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0P+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C0R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DW/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(P,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<S/"]F;VYT/CPO=&0^/"]T
M<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM
M+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F
M-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-#(N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$5&24%#/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DEN
M=F5S=&UE;G1S("A486)L97,I/&)R/CPO<W1R;VYG/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/C$R($UO;G1H<R!%;F1E9#PO
M=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/E1E>'0@0FQO8VL@6T%B<W1R86-T73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;6]R
M=&EZ960@0V]S="!!;F0@1F%I<B!686QU92!/9B!!=F%I;&%B;&4M1F]R+5-A
M;&4@06YD($AE;&0M5&\M36%T=7)I='D@26YV97-T;65N="!0;W)T9F]L:6]S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S
M='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P
M<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-S8N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-S8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$T(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,S(R+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R,BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$96-E
M;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1W)O<W,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^1W)O<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M(S`P,#`P,#LG(#Y!;6]R=&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR
M96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0X+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E1E;7!O
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V%I;G,\+V9O;G0^/"]T
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M=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^3&]S<V5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^5F%L=64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C8P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26UP86ER;65N=',\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^0493($EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+71O
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M;&]R.B,P,#`P,#`[)R`^1FEX960M;6%T=7)I='D@:6YV97-T;65N=',Z/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
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M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5+E,N(%1R96%S=7)Y(&%N
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XV,S$\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E-T871E(&%N9"!M=6YI8VEP
M86P@8F]N9',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#8T-#PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/CDT
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PW,S`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX@9V]V97)N;65N=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XR.#,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3@N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^0V]R<&]R871E
M(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PY.#0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
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M<CHC,#`P,#`P.R<@/B@Y,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#DS-CPO9F]N=#X\
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M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH.#8I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^36]R=&=A9V4M8F%C:V5D('-E8W5R
M:71I97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E;G1I86P@;6]R
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M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$L,3$V
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M,#`P,#`[)R`^,3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$R-CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=#MC;VQO<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME
M9"!N;VXM86=E;F-Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-30\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M,#`P,#`[)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-3,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#0I
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3DQ+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3DQ+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/D-O;6UE<F-I86P@;6]R=&=A9V4M8F%C:V5D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/C(P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E="UB86-K960@
M<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
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M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VQL871E<F%L
M:7IE9"!D96)T(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3$S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@R,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,CPO9F]N
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M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&%S<V5T+6)A8VME9#PO9F]N=#X\+W1D
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M;VQO<CHC,#`P,#`P.R<@/C(S,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,3(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,C(R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3@S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L(&9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^-BPP-S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,30W*3PO9F]N=#X\+W1D/CQT9"!S
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M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C8L,3,V/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Y,"D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DUO;F5Y(&UA<FME="!S
M96-U<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-#(R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XT,C(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR,#8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#8N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^4&5R<&5T=6%L(&1E8G0@86YD(&5Q=6ET>2!S
M96-U<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,3(\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O
M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L($%&4R!I;G9E
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C8L-3`Y/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,C`Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$T-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XV+#4W,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.3`I/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-S8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-S8N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU,BXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P-BXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C`V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T
M<R!O9B!C;VYS;VQI9&%T960@5DE%<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
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M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M,#`P,#`P.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D/CQT
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,C`R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#8S,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HR,#8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,#8N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^5&]T86P@2%1-(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M,BPW-3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XW-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R,#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,BPV,S(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR,#8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#8N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(P(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-30P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-30P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q*2`M(%)E<')E<V5N=',@=6YR96%L:7IE9"!G86EN<R!O<B!L;W-S
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M9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^1&5C96UB97(@,S$L(#(P,3,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4R
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D=R;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C8P<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^3W1H97(M5&AA;BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W-BXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W-BXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^06UO<G1I>F5D/"]F;VYT/CPO=&0^/'1D
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M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L
M:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y496UP;W)A<GD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C`V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L
M;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL
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M(S`P,#`P,#LG(#Y#;W-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D=A:6YS
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEM<&%I<FUE
M;G1S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C(P-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D%&4R!);G9E<W1M96YT<SPO9F]N=#X\+W1D
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
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M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D9I>&5D+6UA='5R:71Y(&EN=F5S
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3@N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^52Y3+B!4
M<F5A<W5R>2!A;F0@9V]V97)N;65N="!A9V5N8WD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-3(X
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/C$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU,S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS
M<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3=&%T92!A
M;F0@;75N:6-I<&%L(&)O;F1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PX,S$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/B@W,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#<X,#PO
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M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3@N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^1F]R96EG;B!G;W9E<FYM96YT
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$X-#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^,3@Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y
M."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#;W)P;W)A=&4@;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
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M<CHC,#`P,#`P.R<@/C(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#,X*3PO9F]N=#X\+W1D/CQT9"!S
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M-C8X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB86-K
M960@<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M
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M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.3$N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M.3$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^4F5S:61E
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L,38W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S$I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PQ-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y,2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y297-I9&5N=&EA;"!M;W)T
M9V%G92UB86-K960@;F]N+6%G96YC>3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C<Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M,#`P,#`[)R`^,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XX-SPO9F]N
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M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XT/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VQO<CHC,#`P,#`P.R<@/D-O;6UE<F-I86P@;6]R=&=A9V4M8F%C:V5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^
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M.V-O;&]R.B,P,#`P,#`[)R`^,S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M.B,P,#`P,#`[)R`^,S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^
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M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/D%S
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M+7=I9'1H.C$Y,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#;VQL871E<F%L:7IE9"!D96)T(&]B;&EG871I;VYS/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^,C`U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B@U-RD\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ-3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T*3PO9F]N=#X\+W1D/CPO='(^/'1R
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E="UB
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.#<\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$U*3PO9F]N=#X\+W1D/CQT9"!S='EL
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$X,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!F:7AE9"UM871U<FET>2!I
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M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C4L.#DW/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^.38\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C(Y*3PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P
M,#`P.R<@/C4L-S8T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,"D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C`V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/DUO;F5Y(&UA<FME="!S96-U<FET:65S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M-S@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XW.#$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,#8N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#8N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^4&5R<&5T=6%L(&1E
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/C$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M.B,P,#`P,#`[)R`^,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M.CEP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N
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M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(P-BXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-E=',@;V8@8V]N
M<V]L:61A=&5D(%9)17,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M.3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^36]N97D@;6%R:V5T('-E8W5R:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO
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M=#MC;VQO<CHC,#`P,#`P.R<@/C$S-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(P-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P-BXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!!1E,@:6YV97-T;65N=',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XV+#@R-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/CDW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#(R.2D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+#8Y,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,3`I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-S8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S8N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y(5$T@26YV97-T;65N=',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0Q+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;BUW:61T:#HT,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO
M<CHC,#`P,#`P.R<@/D%S<V5T<R!O9B!C;VYS;VQI9&%T960@5DE%<SH\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ
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M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y."XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A
M=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^,BPX,#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$X,2D\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,BPV-3$\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-3(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L($A432!I;G9E<W1M
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/C(L.#`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,S$\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3@Q*3PO9F]N=#X\
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/C(L-C4Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
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M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`V+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`V
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?
M7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R,"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T,'!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HV<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!297!R97-E;G1S('5N<F5A
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M<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1&ES=')I8G5T:6]N($)Y($-O;G1R86-T=6%L
M($UA='5R:71Y($]F($%V86EL86)L92U&;W(M4V%L92!A;F0@2&5L9"U4;RU-
M871U<FET>2!);G9E<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L
M;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`X+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0493
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`X+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^2%1-
M(%-E8W5R:71I97,\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,S`S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S`S+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
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M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ,#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O;G-O;&ED871E9"!6
M245S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,P
M,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W)T:7IE9"`\+V9O
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M;6]R=&EZ960@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y)
M;B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]S=#PO9F]N=#X\
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M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64\+V9O;G0^/"]T9#X\=&0@
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M=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/D-O<W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&
M86ER(%9A;'5E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C,P,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y$=64@:6X@;VYE('EE87(@;W(@;&5S<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^.#`V/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,#8\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,P
M,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y$=64@869T97(@;VYE('EE87(@=&AR;W5G:"!F:79E('EE87)S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ+#,X.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PT,3(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C,P,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$=64@869T97(@9FEV92!Y96%R<R!T:')O
M=6=H('1E;B!Y96%R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^.#@Y/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XY
M,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,P,RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$=64@869T97(@
M=&5N('EE87)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#0U.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PT
M.3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR+#<U-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,BPV,S(\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S`S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S`S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/DUO
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#4S,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PU,3,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,P,RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!F:7AE
M9"UM871U<FET>2!I;G9E<W1M96YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-BPP-S4\+V9O;G0^/"]T9#X\
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M-BPQ,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC
M;VQO<CHC,#`P,#`P.R<@/C(L-S4W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Q+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C(L-C,R/"]F;VYT
M/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@56YR96%L:7IE9"!,
M;W-S97,@4F5L871E9"!4;R!!=F%I;&%B;&4M1F]R+5-A;&4@06YD($AE;&0M
M5&\M36%T=7)I='D@26YV97-T;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E
M.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M(S`P,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CPO='(^
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<R+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-S(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.CDW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CDW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQE<W,@=&AA;B`Q,B!-;VYT:',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z.3<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.3<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^,3(@36]N=&AS(&]R($QO;F=E<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<R+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S(N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C(P,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO
M<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
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M,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU
M93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR,#(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D%&4R!);G9E<W1M96YT<SPO9F]N=#X\+W1D
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M,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
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M=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1FEX960M;6%T=7)I
M='D@:6YV97-T;65N=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/E4N4RX@5')E87-U<GD@86YD(&=O=F5R;FUE;G0@86=E;F-Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DW
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ-S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@S*3PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y3=&%T92!A;F0@;75N:6-I<&%L(&)O;F1S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8P/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C4W/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-RD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,S$W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH."D\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1F]R96EG
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D-O<G!O<F%T92!O8FQI9V%T:6]N<SPO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
M-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-3$\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B@Y,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-S$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.3(I/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F
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M<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!A9V5N
M8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S@W/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XH-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#`S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-RD\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ.3PO9F]N=#X\
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.#<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$X-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Y-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S970M8F%C:V5D('-E8W5R:71I
M97,Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M,#`P,#`P.R<@/C@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C$I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH,C$I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S970M8F%C:V5D/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0T/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;W(Z(S`P,#`P,#LG(#XH,3(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q,SPO9F]N=#X\+W1D
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$R*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.#!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ.#!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/E1O=&%L(&9I>&5D+6UA='5R:71Y(&EN=F5S=&UE;G1S/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@T
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C(P/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,30U*3PO
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+#`V-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T-RD\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,C`R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^4&5R<&5T=6%L(&1E8G0@86YD(&5Q=6ET>2!S96-U<FET:65S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
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M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M(S`P,#`P,#LG(#XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#4Q/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-#4I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+#`W,3PO9F]N=#X\+W1D
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M-#<I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
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M;VQO<CHC,#`P,#`P.R<@/DA432!);G9E<W1M96YT<SPO9F]N=#X\+W1D/CQT
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S(&]F(&-O;G-O;&ED871E9"!6
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XS-S,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(P,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-S,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W
M+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(P,BD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@2%1-(&EN=F5S
M=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(P,BD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B@R,#(I/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE
M/CPO9&EV/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$W
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S(R+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R,BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y$96-E;6)E<B`S,2P@,C`Q,SPO9F]N=#X\+W1D/CPO='(^/'1R
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<R+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S(N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.CDW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CDW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DQE<W,@=&AA;B`Q,B!-;VYT:',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z.3<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.3<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,3(@36]N=&AS(&]R($QO;F=E<CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-S(N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C(P,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
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M;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<SPO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR
M,#(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D%&4R!);G9E<W1M96YT<SPO9F]N=#X\+W1D/CQT
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0U
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1FEX960M;6%T=7)I='D@
M:6YV97-T;65N=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E4N4RX@5')E87-U<GD@86YD(&=O=F5R;FUE;G0@86=E;F-Y/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C8Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(W,#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH.2D\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$Y-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Y-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$Q,CPO9F]N
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M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#8U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.3PO9F]N=#X\+W1D/CQT9"!S='EL
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M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$L,38Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-S,I/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I
M9VX@9V]V97)N;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S8\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-CPO9F]N=#X\+W1D
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M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A=&EO;G,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-S@X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M8V]L;W(Z(S`P,#`P,#LG(#XH,S`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^.#<P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S@I/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ.35P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ;&5F
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M<CHC,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!A9V5N
M8WD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-S$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,C,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@U-SPO9F]N=#X\+W1D/CQT
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M=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M,#`P,#`P.R<@/E)E<VED96YT:6%L(&UO<G1G86=E+6)A8VME9"!N;VXM86=E
M;F-Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M<CHC,#`P,#`P.R<@/C$W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XH-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@U*3PO
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D-O;6UE<F-I86P@;6]R=&=A9V4M8F%C:V5D/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M(S`P,#`P,#LG(#XH,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T+6)A8VME
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O
M;&QA=&5R86QI>F5D(&1E8G0@;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N
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M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@U-RD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3,P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-3<I/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3@W+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S970M
M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M;VQO<CHC,#`P,#`P.R<@/C4W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/C<X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34I/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@9FEX960M
M;6%T=7)I='D@:6YV97-T;65N=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPY-S,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,C@I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$P,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPT-3(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R,CDI/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/E!E<G!E='5A;"!D96)T(&%N9"!E<75I='D@<V5C
M=7)I=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR,#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(P,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!!1E,@:6YV97-T;65N=',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(L
M.3<X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$R."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0W.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,#$I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@R,CDI/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-S(N-7!T.W1E>'0M86QI9VXZ
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DA432!);G9E<W1M96YT
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M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`R+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,#(N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-S971S(&]F
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
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M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A=&EO;G,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ+#(T-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3@Q*3PO9F]N
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M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S!P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L,C0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.#$I/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C(P,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C`R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$L,C0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$X,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,C0T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$X,2D\
M+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$:7-T<FEB=71I;VX@
M3V8@4V5C=7)I=&EE<R!">2!097)C96YT86=E($]F($9A:7(@5F%L=64@0F5L
M;W<@0F]O:R!686QU92!">2!-;W)E(%1H86X@-24\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O
M;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Q,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3$R+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!
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M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DA432!396-U<FET
M:65S/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3(N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q
M,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y097)C96YT86=E(&]F($9A:7(@5F%L=64\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.=6UB97(@;V8\+V9O
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M:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^0F]O:R!686QU93PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER(%9A
M;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R
M(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HV-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y";V]K(%9A;'5E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&86ER(%9A;'5E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#X@0F5L;W<@0F]O:R!686QU
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^4V5C=7)I=&EE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#X@*&EN
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#X@*&EN(&UI;&QI
M;VYS*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B`H:6X@
M;6EL;&EO;G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#X@*&EN(&UI
M;&QI;VYS*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$R+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)F=T.R`U
M)2!T;R`Q-24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4R+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#4S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3(N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XF9W0[(#$U)2!T;R`R-24\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`U/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M-S@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`V,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-C!P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI
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M;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3(N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XF9W0[(#(U)2!T;R`U,"4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3PO
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M;W(Z(S`P,#`P,#LG(#X@-3<U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`S-S,\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$R+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B9G=#L@-3`E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#$R.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(U/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Q,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3$R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(R/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C8V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,30P/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-S4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,W,SPO9F]N=#X\
M+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=65S($%N9"!'<F]S
M<R!5;G)E86QI>F5D($QO<W-E<R!">2!#<F5D:70@4F%T:6YG($-A=&5G;W)Y
M($]F($%"4RP@34)3(&%N9"!#;W)P;W)A=&4@3V)L:6=A=&EO;G,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$
M8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
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M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F5L;W<\+V9O;G0^/"]T
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/"]T9#X\
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HW-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-S8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO
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M:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D%A83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HV,BXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C(N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!
M83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HV,"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C`N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!/"]F;VYT/CPO=&0^/'1D('-T
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/D)A83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HV,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C-P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1M96YT($=R861E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-C0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYO="!2871E9#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L
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M;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,C4N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-BXW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S8N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y5
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M.D)L86-K.VUI;BUW:61T:#HR,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR,BXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C%P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,C,N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1F%I<CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.V)O<F1E<BUT;W`M<W1Y
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M:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E5N<F5A;&EZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,RXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&
M86ER/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,W!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C(Y+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D9A:7(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HW-BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-S8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S<V5T(%1Y<&4\+V9O;G0^/"]T
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M=&@Z,C4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C,V+C<U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO
M<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,C,N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5F%L=64\+V9O;G0^/"]T9#X\
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M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DQO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,C(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F
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M.VUI;BUW:61T:#HS-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DQO<W,\+V9O;G0^/"]T9#X\=&0@<W1Y
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M="US:7IE.C=P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3&]S<SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@8V]L
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M;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS."XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S@N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z-W!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,
M;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,C,N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(S+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5F%L=64\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@8V]L<W!A
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M(S`P,#`P,#LG(#Y,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C(Y+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR.2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HW<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E9A;'5E
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;W-S/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C<V+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D%"
M4R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
M.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/C4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,38N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XV.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#,Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C0N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C0N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DU/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,S*3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HW-BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M=#MC;VQO<CHC,#`P,#`P.R<@/C0Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-RD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
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M.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
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M;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C,\+V9O;G0^/"]T9#X\
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0T,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S-P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#$Q*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4@;V)L:6=A
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(T.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C(P,3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`S/"]F;VYT/CPO=&0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B@S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0P/"]F;VYT/CPO=&0^
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-"XU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT+C5P=#MB;W)D97(M
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M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,W!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-"XW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-"XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,3D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-"XU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,S<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Y,BD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8Y
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C%P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-S$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B@W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-3@\+V9O;G0^/"]T
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@T*3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,2XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,RXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C(Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-"XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$N-7!T.R`^/"]T9#X\=&0@
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M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,S<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S-P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@S,2D\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-"XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$X+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R
M+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Y
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C0N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(T+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L,S4V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,W!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3,V*3PO9F]N=#X\+W1D/CPO='(^
M/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D%V97)A9V4@0W)E9&ET(%)A=&EN9W,@86YD($9A
M:7(@5F%L=64@86YD(%!E<F-E;G1A9V4@3V8@1W5A<F%N=&5E9"!!0E,@34)3
M(&%N9"!#;W)P;W)A=&4@3V)L:6=A=&EO;G,@0F5L;W<@26YV97-T;65N="!'
M<F%D93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B
M;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O
M<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.W1E>'0M86QI
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M9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@4V5C=7)I=&EE<R!2871E9"!"
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN=F5S=&UE;G0@1W)A
M9&4@=VET:&]U="!T:&4\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z.3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY,W!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%
M9F9E8W0@;V8@1W5A<F%N=&5E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.CDS<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.3-P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$S-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^079E<F%G92!#<F5D:70@4F%T:6YG('=I=&@@=&AE/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^079E<F%G92!#
M<F5D:70@4F%T:6YG('=I=&AO=70@=&AE/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH
M:6X@;6EL;&EO;G,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.V)O<F1E<BUT;W`M
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M(S`P,#`P,#LG(#Y%9F9E8W0@;V8@1W5A<F%N=&5E/"]F;VYT/CPO=&0^/'1D
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%9F9E8W0@;V8@1W5A<F%N
M=&5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C<P+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(@5F%L=64\+V9O;G0^/"]T
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M=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^4&5R8V5N=&%G93PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDS<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y!0E,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y"86$\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$S-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y"96QO=R!);G9E<W1M96YT($=R861E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8S<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#$N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C4V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDS
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-0E,\+V9O;G0^
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M;W(Z(S`P,#`P,#LG(#Y"96QO=R!);G9E<W1M96YT($=R861E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^0F5L;W<@26YV97-T;65N="!'<F%D93PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`P/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)3PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I
M=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E-E8W5R:71I97,@2&5L9"!);B!5;G)E86QI>F5D($QO<W,@4&]S:71I
M;VX@06YD($EN<W5R960@0GD@1FEN86YC:6%L($=U87)A;G1O<B!A;F0@5&AE
M(%)E;&%T960@26YS=7)A;F-E($QO<W,@4F5S97)V92!/;B!#;VUP86YY($EN
M<W5R960@26YV97-T;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA
M<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI
M;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&86ER(%9A;'5E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L
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M;W(Z(S`P,#`P,#LG(#Y,;W-S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y297-E
M<G9E(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-G!T
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M,#`P,#`P.R<@/D%S<V5T+6)A8VME9#H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8V<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV-G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8V<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/DU"24$\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XH,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S$I/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S@\+V9O;G0^/"]T9#X\=&0@
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30U+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-#4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@
M87-S970M8F%C:V5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$R,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,S,I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,X/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C`N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,"XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-;W)T9V%G92UB
M86-K960Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M
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M:#HV-G!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C9P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y-0DE!/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-C9P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-G!T.R`^/"]T
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<CPO9F]N
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M(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-#4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$T-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y4;W1A;"!M;W)T9V%G92UB86-K960\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-3PO9F]N=#X\+W1D
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$\
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^34))03PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT9"!S='EL
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH-"D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C9P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C8V<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C9P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-#4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T-2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y4;W1A;"!O=&AE<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8V
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ-C`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$T-SPO9F]N=#X\+W1D/CQT9"!S
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,W*3PO9F]N=#X\
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8V<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8V<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,3(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT,#AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#$I("T@26YC;'5D97,@:6YV97-T;65N=',@:6YS=7)E
M9"!B>2!-0DE!($-O<G`N(&%N9"!.871I;VYA;"X\+V9O;G0^/"]T9#X\=&0@
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M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@26YS=7)A;F-E(&QO
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M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0W)E
M9&ET($QO<W-E<R!296-O9VYI>F5D($EN($5A<FYI;F=S(%)E;&%T960@5&\@
M3U1422!,;W-S97,@4F5C;V=N:7IE9"!);B!!8V-U;75L871E9"!/=&AE<B!#
M;VUP<F5H96YS:79E($EN8V]M92`H3&]S<RD\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA
M<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S,W+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.W1E>'0M9&5C
M;W)A=&EO;CIU;F1E<FQI;F4[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$."!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$X
M-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3@U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R<R!%;F1E9"!$96-E;6)E
M<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D-R961I="!,;W-S97,@4F5C;V=N:7IE9"!I;B!%87)N:6YG<R!296QA=&5D
M('1O($]45$D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HU-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\
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M-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-BXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P
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M=#MC;VQO<CHC,#`P,#`P.R<@/D)E9VEN;FEN9R!B86QA;F-E/"]F;VYT/CPO
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3DW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3$N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,T,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!9&1I=&EO
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M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YC=7)R96YT('!E<FEO9"!O;B!S96-U
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,S,W+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^061D:71I;VYS(&9O<B!C<F5D:70@;&]S
M<R!I;7!A:7)M96YT<R!R96-O9VYI>F5D(&EN('1H93PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,S,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,S,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^8W5R<F5N="!P97)I;V0@;VX@<V5C=7)I=&EE<R!P<F5V:6]U<VQY
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#PO9F]N=#X\+W1D/CQT9"!S='EL
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y2
M961U8W1I;VYS(&9O<B!C<F5D:70@;&]S<R!I;7!A:7)M96YT<R!P<F5V:6]U
M<VQY(')E8V]G;FEZ960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,S!P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/F]N('-E8W5R:71I
M97,@<V]L9"!D=7)I;F<@=&AE('!E<FEO9#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$W-"D\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,38I/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E)E9'5C=&EO;G,@9F]R(&-R961I
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YI;7!A:7)E9"!T;R!F86ER
M('9A;'5E(&1U<FEN9R!T:&4@<&5R:6]D/"]F;VYT/CQS=7`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#$Q,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,S,W+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5D=6-T:6]N<R!F;W(@:6YC<F5A
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YR96UA:6YI;F<@;&EF92!O9B!T
M:&4@<V5C=7)I='D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@
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M;VQO<CHC,#`P,#`P.R<@/B@V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%;F1I;F<@8F%L86YC93PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$W-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$Q+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y-SPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?7U\\+V9O;G0^/"]T
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M,#`P,#`P.R<@/B@Q*2`M(%)E<')E<V5N=',@8VER8W5M<W1A;F-E<R!W:&5R
M92!T:&4@0V]M<&%N>2!D971E<FUI;F5D(&EN('1H92!C=7)R96YT('!E<FEO
M9"!T:&%T(&ET(&EN=&5N9',@=&\@<V5L;"!T:&4@<V5C=7)I='D@;W(@:70@
M:7,@;6]R92!L:6ME;'D@=&AA;B!N;W0@=&AA="!I="!W:6QL(&)E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0Q,2!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4S,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4S,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@<F5Q=6ER960@=&\@<V5L;"!T:&4@<V5C=7)I='D@
M8F5F;W)E(')E8V]V97)Y(&]F('1H92!S96-U<FET>28C,SD[<R!A;6]R=&EZ
M960@8V]S="X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q+C(U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-#8N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,T-BXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R
M/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!296%L:7IE9"!'86EN<R!A;F0@3&]S
M<V5S($9R;VT@4V%L97,@3V8@079A:6QA8FQE+49O<BU386QE(%-E8W5R:71I
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE
M('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z
M,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
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M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/EEE87)S($5N9&5D($1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$X+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@N-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S$N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S$N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!R;V-E961S(&9R;VT@<V%L97,\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PW,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0L-C4X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S$N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S$N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S(')E86QI>F5D
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4W/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
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M;6EN+7=I9'1H.C$S,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^1W)O<W,@<F5A;&EZ960@;&]S<V5S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,34I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,CDI/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3@N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3(W*3PO9F]N=#X\+W1D/CQT9"!S
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M9'1H.C$R,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ."XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^
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M.C$S,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ."XW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$X
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C!P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,'!T.R`^/"]T9#X\=&0@
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#$Q(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,SDP<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDP
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^
M/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM
M+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E
M965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T
M-#,N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE
M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA
M<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R
M8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\
M+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS
M1')E<&]R="!I9#TS1$E$,$5+2#X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY$
M97)I=F%T:79E($EN<W1R=6UE;G1S("A486)L97,I/&)R/CPO<W1R;VYG/CPO
M=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/C$R($UO
M;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E1E>'0@0FQO8VL@
M6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV97,@4V]L9#PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M
M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,#$N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#$N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XD(&EN(&UI
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0T,RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S(&]F($1E8V5M
M8F5R(#,Q+"`R,#$T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$P,2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
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M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYO=&EO;F%L(%9A;'5E/"]F
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M/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#,N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3`Q+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0W)E9&ET($1E
M<FEV871I=F5S(%-O;&0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/E=E:6=H=&5D($%V97)A9V4@4F5M86EN:6YG($5X<&5C=&5D
M($UA='5R:71Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$V+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%!
M03PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^04$\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D)"0CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y"96QO=R!);G9E<W1M96YT($=R861E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L($YO=&EO;F%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M8V]L;W(Z(S`P,#`P,#LG(#Y&86ER(%9A;'5E($%S<V5T("A,:6%B:6QI='DI
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U
M<F5D(&-R961I="!D969A=6QT('-W87!S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0Y+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M+C8@665A<G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XV+#DQ-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^.38X/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$Y,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L,38P/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SEP=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SEP
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^.2PT.#$\+V9O;G0^
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(T-"D\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DEN
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$V+C<@665A<G,\
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3<\+V9O;G0^/"]T
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XR+#DS-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/CDW,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M<CHC,#`P,#`P.R<@/C0L,#0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P,2XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!N;W1I
M;VYA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,38N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/C8L.3$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,S8S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,RPY,#,\+V9O;G0^/"]T9#X\
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$V
M,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2PQ.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SEP=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$S+#4R-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#,N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0S+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P
M,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-BXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-BXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\
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M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R
M*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R-#`I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0S+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(T-BD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3`Q+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,38N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=&@Z,S<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
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M8VL[;6EN+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B0@:6X@;6EL;&EO;G,\+V9O;G0^
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^($%S(&]F($1E8V5M8F5R(#,Q+"`R,#$S
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$P,2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P,2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,Q."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/DYO=&EO;F%L(%9A;'5E/"]F;VYT/CPO=&0^/'1D
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#,N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3`Q+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`Q+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0W)E9&ET($1E<FEV871I=F5S(%-O
M;&0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#DN-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#DN-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E
M:6=H=&5D($%V97)A9V4@4F5M86EN:6YG($5X<&5C=&5D($UA='5R:71Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!04$\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
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M,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D%!/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y!/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"0D(\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
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M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F5L;W<@26YV97-T
M;65N="!'<F%D93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SEP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!.
M;W1I;VYA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^1F%I<B!686QU92!!<W-E="`H3&EA8FEL:71Y*3PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,#$N,C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#$N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)E9"!C<F5D:70@9&5F
M875L="!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0Y+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXV(%EE87)S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-RPT
M,#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XQ+#DW,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L,#8X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^-RPU-3(\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C4L.34V/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,RPY-30\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0S+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,2PQ,S(I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$P,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y);G-U<F5D('-W87!S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0Y+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#DN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ."XU
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XW-SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,RPR.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C$L-3@V/"]F
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M;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PY-#4\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,#$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^06QL(&]T:&5R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT.2XU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0Y+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,C@N
M,"!996%R<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XS-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,RXU<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$U*3PO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,#$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,#$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T
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M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XW+#0P-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPP-#D\+V9O;G0^/"]T9#X\=&0@
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/C0L,S4P
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XY+#$S.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+#DY,CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XR."PY
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M('-T>6QE/3-$=VED=&@Z-#,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0S+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C$P,2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!F86ER('9A;'5E/"]F;VYT/CPO
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H
M.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B
M;&4[8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<X*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B@Q+#`V.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.7!T.R`^/"]T9#X\
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M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,RXU<'0[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B@Q+#$U,BD\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4
M;W1A;"!&86ER(%9A;'5E($]F($-O;7!A;GDG<R!$97)I=F%T:79E($%S<V5T
M<R!!;F0@3&EA8FEL:71I97,@0GD@26YS=')U;65N="!!;F0@0F%L86YC92!3
M:&5E="!,;V-A=&EO;BP@0F5F;W)E($-O=6YT97)P87)T>2!.971T:6YG/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL
M93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[
M(#X\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$V,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\
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M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@07-S971S
M(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$U,'!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M97)I=F%T:79E($QI86)I;&ET:65S(#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N
M=#X\+W-U<#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34T+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU."XU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M."XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y.;W1I;VYA;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,P<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S!P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C,W+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y&86ER/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V,G!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D]U
M='-T86YD:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D)A;&%N8V4@4VAE970@3&]C871I;VX\+V9O;G0^/"]T9#X\
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M,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4@4VAE970@3&]C871I;VX\+V9O;G0^
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M;VQO<CHC,#`P,#`P.R<@/E9A;'5E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F]T(&1E
M<VEG;F%T960@87,@:&5D9VEN9R!I;G-T<G5M96YT<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M,7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4Q<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^
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M:61T:#HS,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2PT.#$\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y/=&AE<B!A<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@R-#0I/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F5D('-W87!S/"]F;VYT/CPO=&0^
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0L
M,#0T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S/"]F;VYT/CPO
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$97)I=F%T:79E(&QI86)I;&ET:65S
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M,#`P,#`P.R<@/B@R*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^26YT97)E<W0@<F%T92!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#0U,#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D]T:&5R(&%S<V5T<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@;&EA8FEL:71I97,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#(T."D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DEN=&5R
M97-T(')A=&4@<W=A<',M96UB961D960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#,W/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^365D:75M+71E<FT@;F]T97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/DUE9&EU;2UT97)M(&YO=&5S/"]F;VYT/CPO=&0^
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M.2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-U<G)E;F-Y
M('-W87!S+59)13PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4Q<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T
M:&5R(&%S<V5T<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%L;"!O=&AE<CPO9F]N=#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XX,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&%S<V5T<SPO9F]N=#X\
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE
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M(S`P,#`P,#LG(#XH,C0I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U-"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T,3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D]T:&5R(&%S<V5T<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D1E<FEV871I=F4@;&EA8FEL:71I97,M5DE%/"]F;VYT/CPO
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%L;"!O=&AE
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$P,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D]T:&5R(&EN=F5S=&UE;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y/=&AE<B!I;G9E<W1M96YT<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,P<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@;F]N+61E<VEG;F%T960@9&5R
M:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HU,7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$U+#@S.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XY,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@
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M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M-3,W*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U\\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M;VQO<CHC,#`P,#`P.R<@/B@Q*2`M($EN(&%C8V]R9&%N8V4@=VET:"!T:&4@
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M9'1H.C4T,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("!B
M>2!T:&4@;&]C871I;VX@;V8@=&AE(')E;&%T960@:&]S="!C;VYT<F%C="X@
M/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^/'1A8FQE('-T
M>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P
M=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO
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M;BUW:61T:#HS,'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-3!P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^1&5R:79A=&EV92!!<W-E=',@/"]F;VYT/CQS=7`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*#$I/"]F
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV871I=F4@3&EA8FEL:71I97,@
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-30N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M3F]T:6]N86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3%P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$P,RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9A:7(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-RXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y&86ER/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V,G!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$V,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^3W5T<W1A;F1I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P
M,RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!3:&5E="!,;V-A=&EO
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M:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5F%L=64\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$P,RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0F%L86YC92!3:&5E="!,
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M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5F%L=64\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y.;W0@9&5S:6=N871E9"!A<R!H961G:6YG(&EN<W1R=6UE;G1S
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M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,3`S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
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M,#`P,#`P.R<@/DEN<W5R960@8W)E9&ET(&1E9F%U;'0@<W=A<',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C4Q<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,RPY
M-30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!A<W-E=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO9F]N=#X\
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M(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S!P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#$S
M,BD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R960@
M<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-"PY-#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE
M<B!A<W-E=',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`S+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E<FEV
M871I=F4@;&EA8FEL:71I97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-30N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U-"XU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S="!R871E('-W87!S/"]F;VYT
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$L-#DU/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S/"]F
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B
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M8V]L;W(Z(S`P,#`P,#LG(#XH,38U*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^26YT97)E<W0@<F%T92!S=V%P<RUE;6)E9&1E9#PO9F]N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XT.38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-961I=6TM=&5R;2!N;W1E
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M(S`P,#`P,#LG(#XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^365D:75M+71E<FT@
M;F]T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$Y*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^0W5R<F5N8WD@<W=A<',M5DE%/"]F;VYT/CPO=&0^/'1D('-T
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDY/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S+59)13PO9F]N=#X\+W1D/CQT
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B:6QI=&EE<RU6244\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$Q*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^06QL(&]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,#,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#,N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-2D\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U-"XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34T+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D%L;"!O=&AE<BU6244\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU,7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C@P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@87-S971S+59)13PO
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV92!L:6%B
M:6QI=&EE<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,34T+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-30N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^06QL(&]T:&5R+65M8F5D9&5D/"]F;VYT/CPO=&0^/'1D
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C$Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@:6YV97-T;65N=',\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P,RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`S+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&EN=F5S
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A
M;"!N;VXM9&5S:6=N871E9"!D97)I=F%T:79E<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4Q<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S$L,S$V/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4U/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3`S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S!P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q+#,T-RD\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,38R<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?
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M=&@Z,3`S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
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M,3`S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
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M-#<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@+2!)
M;B!A8V-O<F1A;F-E('=I=&@@=&AE(&%C8V]U;G1I;F<@9W5I9&%N8V4@9F]R
M(&1E<FEV871I=F4@:6YS=')U;65N=',@86YD(&AE9&=I;F<@86-T:79I=&EE
M<RP@=&AE(&)A;&%N8V4@<VAE970@;&]C871I;VX@;V8@=&AE($-O;7!A;GDF
M(S@R,3<[<R!E;6)E9&1E9"!D97)I=F%T:79E(&EN<W1R=6UE;G1S(&ES(&1E
M=&5R;6EN960\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M.V-O;&]R.B,P,#`P,#`[)R`^("`@8GD@=&AE(&QO8V%T:6]N(&]F('1H92!R
M96QA=&5D(&AO<W0@8V]N=')A8W0N(#PO9F]N=#X\+W1D/CPO='(^/"]T86)L
M93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D5F9F5C="!/9B!$97)I=F%T:79E($EN<W1R=6UE;G1S($]N
M($-O;G-O;&ED871E9"!3=&%T96UE;G1S($]F($]P97)A=&EO;G,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$
M8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M
M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DYE="!'86EN/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH3&]S<RD\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y$97)I=F%T:79E<R!.;W0@1&5S:6=N871E9"!A<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E)E8V]G;FEZ960\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,34S<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y(961G:6YG($EN<W1R
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M;VQO<CHC,#`P,#`P.R<@/DQO8V%T:6]N(&]F($=A:6X@*$QO<W,I(%)E8V]G
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^:6X@26YC;VUE/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C$U,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC
M,#`P,#`P.R<@/DEN<W5R960@8W)E9&ET(&1E9F%U;'0@<W=A<',\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I
M(&]N(&EN<W5R960@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/C@X.#PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F5D(&-R961I="!D969A
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M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^4F5A;&EZ
M960@9V%I;G,@*&QO<W-E<RD@86YD(&]T:&5R('-E='1L96UE;G1S(&]N(&EN
M<W5R960@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@T,3,I/"]F;VYT
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/DEN=&5R97-T(')A
M=&4@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I
M;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@
M=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@W
M."D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^0W5R
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M<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^
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M,#`P,#`[)R`^,3$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^06QL(&]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S(W+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S(W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^
M56YR96%L:7IE9"!G86EN<R`H;&]S<V5S*2!O;B!I;G-U<F5D(&1E<FEV871I
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y!;&P@;W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN
M<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R
M.B,P,#`P,#`[)R`^06QL(&]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S(W+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S(W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^4F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@86YD(&]T:&5R('-E='1L
M96UE;G1S(&]N(&EN<W5R960@9&5R:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M,2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@S,2D\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT
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M.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0Q+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,Y.#PO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\
M+V1I=CX\9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL
M87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$U,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@1V%I
M;CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^*$QO<W,I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R:79A=&EV97,@3F]T($1E<VEG
M;F%T960@87,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT
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M;W(Z(S`P,#`P,#LG(#Y296-O9VYI>F5D/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^2&5D9VEN
M9R!);G-T<G5M96YT<R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V-A=&EO;B!O9B!'86EN("A,;W-S
M*2!296-O9VYI>F5D(&EN($EN8V]M92!O;B!$97)I=F%T:79E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L
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M,#`P,#`P.R<@/FEN($EN8V]M93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);G-U<F5D(&-R961I="!D969A=6QT('-W87!S/"]F;VYT
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M-7!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9"!G86EN<R`H;&]S<V5S
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M=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^,2PW,C4\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)E9"!C<F5D:70@9&5F
M875L="!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R
M-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/E)E86QI
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M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^*#$L-30U*3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S="!R
M871E('-W87!S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S(W+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(W
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A
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M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^-C4\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^26YT97)E
M<W0@<F%T92!S=V%P<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG
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M=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^0W5R<F5N8WD@<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE
M;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P
M.R<@/D-U<G)E;F-Y('-W87!S+59)13PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P
M,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U
M;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG92U6244\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,"XU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XQ,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y!;&P@;W1H97(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,C<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&]N(&EN<W5R960@9&5R
M:79A=&EV97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,CPO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/C,R-3PO9F]N=#X\
M+W1D/CPO='(^/"]T86)L93X\+V1I=CX\9&EV/CQT86)L92!S='EL93TS1&)O
M<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL
M;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT+6%L
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M(S`P,#`P,#LG(#Y.970@1V%I;CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
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M86-K.VUI;BUW:61T:#HT.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^*$QO<W,I/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1&5R
M:79A=&EV97,@3F]T($1E<VEG;F%T960@87,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296-O9VYI>F5D/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U,W!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^2&5D9VEN9R!);G-T<G5M96YT<R`\+V9O;G0^/"]T9#X\
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y,;V-A
M=&EO;B!O9B!'86EN("A,;W-S*2!296-O9VYI>F5D(&EN($EN8V]M92!O;B!$
M97)I=F%T:79E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT.'!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN($EN8V]M93PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F5D(&-R961I="!D
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M4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L
M:7IE9"!G86EN<R`H;&]S<V5S*2!O;B!I;G-U<F5D(&1E<FEV871I=F5S/"]F
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M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#`N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PX-#<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^
M26YS=7)E9"!C<F5D:70@9&5F875L="!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO
M<CHC,#`P,#`P.R<@/E)E86QI>F5D(&=A:6YS("AL;W-S97,I(&%N9"!O=&AE
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M=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#0P-BD\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P
M,#`[)R`^26YS=7)E9"!S=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R
M-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M+C5P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T
M.V-O;&]R.B,P,#`P,#`[)R`^3F]N+6EN<W5R960@8W)E9&ET(&1E9F%U;'0@
M<W=A<',\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I;G,@
M*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L
M=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,34S<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34S
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^3F]N+6EN<W5R
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M.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S="!R871E('-W87!S/"]F;VYT/CPO
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M-7!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I
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M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^*#<U*3PO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S="!R871E('-W87!S+59)
M13PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S
M<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V86QU92!A
M;F0@9F]R96EG;B!E>&-H86YG92U6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,"XU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0P
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#=7)R96YC>2!S
M=V%P<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H
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M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-3-P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3-P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#=7)R96YC>2!S
M=V%P<RU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,C<N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@9V%I
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M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#`N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#0I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$U
M,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/D%L
M;"!O=&AE<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R-RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/E5N<F5A;&EZ
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M;&%C:SMM:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC
M,#`P,#`P.R<@/C(R/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P
M,#`P.R<@/D%L;"!O=&AE<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,R-RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C,R-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
M/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',@
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M:6XM=VED=&@Z-#`N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$Q/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@
M/D%L;"!O=&AE<BU6244\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,C<N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,C<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.2XU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.
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M=VED=&@Z-#`N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CDN-7!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C$U,W!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY+C5P=#MC;VQO<CHC
M,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HY+C5P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
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M.V-O;&]R.B,P,#`P,#`[)R`^,2PT-#4\+V9O;G0^/"]T9#X\+W1R/CPO=&%B
M;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
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M"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N
M=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX
M)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ
M<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO
M:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED
M/3-$240P14A#04,^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^1&5B="`H5&%B
M;&5S*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S
M,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY$96)T($1I<V-L;W-U<F4@6T%B<W1R86-T73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@9&5B
M=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/&1I=CX\=&%B;&4@
M<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[;6%R9VEN+71O<#HR
M,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,2XU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Q+C5P=#L@/CPO=&0^/'1D(&-O
M;'-P86X],T0U(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3`R+C<U<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,#(N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D%S(&]F($1E8V5M8F5R(#,Q+#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
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M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUT;W`M
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3!P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+C0P,"4@4V5N
M:6]R($YO=&5S(&1U92`R,#(R/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR-C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XR-C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-RXP,#`E($1E8F5N='5R97,@9'5E(#(P,C4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,2XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Q
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4V/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4V/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C<N,34P)2!$96)E;G1U<F5S(&1U
M92`R,#(W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S$N-7!T.W1E
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M(S`P,#`P,#LG(#XQ,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`P/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C8N-C(U)2!$96)E;G1U<F5S(&1U92`R,#(X/"]F;VYT/CPO=&0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-#$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,30Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4N-S`P)2!396YI
M;W(@3F]T97,@9'5E(#(P,S0\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N=#X\+W1D/CQT
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-3!P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-R=65D(&EN=&5R97-T/"]F;VYT
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,2XU
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C4Y,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU.3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,30E(%-U<G!L=7,@3F]T97,@9'5E(#(P,S,\+V9O;G0^/'-U<#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#,I/"]F;VYT/CPO<W5P/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,S$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS,2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDT,#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/CDT,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-R=65D
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(W.#PO9F]N=#X\+W1D/CQT9"!S='EL
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W,#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S$N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,2XU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ+#@Q,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XQ+#<P,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.#$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.#$N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?
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M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#<@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR.#0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C@T+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M($-A;&QA8FQE
M(&]N(&]R(&%F=&5R($%U9W5S="`Q-2P@,C`P-B!A="`Q,#`N,#`N/"]F;VYT
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M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(X-"XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!#86QL86)L92!A;GET
M:6UE(&%T('1H92!G<F5A=&5R(&]F(#$P,"XP,"!O<B!T:&4@<')E<V5N="!V
M86QU92!O9B!T:&4@<F5M86EN:6YG('-C:&5D=6QE9#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^
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M.V-O;&]R.B,P,#`P,#`[)R`^("`@("`@("`@('!A>6UE;G1S(&]F('!R:6YC
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M;6EN+7=I9'1H.C(X-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH,RD@+2!#86QL86)L92!O;B!O<B!A9G1E<B!*86YU87)Y(#$U+"`R
M,#$X(&%N9"!E=F5R>2!F:69T:"!A;FYI=F5R<V%R>2!T:&5R96%F=&5R(&%T
M(#$P,"XP,"X\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,S5P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06=G<F5G871E(&UA
M='5R:71Y(&]F(&1E8G0@;V)L:6=A=&EO;G,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA
M<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,3,U+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T
M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$U/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M,#`P,#`P.R<@/C(P,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S
M='EL93TS1'=I9'1H.C0R+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT,BXW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#(N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/C(P,3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C0R+C<U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^5&AE<F5A9G1E
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,S4N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S4N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^0V]R<&]R871E(&1E8G0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^-3@T/"]F;VYT/CPO=&0^/'1D('-T
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/C4X-#PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,S4N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S4N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^,30E(%-U<G!L=7,@
M3F]T97,@9'5E(#(P,S,\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM
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M>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
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M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M;VQO<CHC,#`P,#`P.R<@/CDT,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,S4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S4N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T
M.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@9&5B="!O8FQI9V%T:6]N<R!D=64\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC
M,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P
M.R<@/CDT,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CEP
M=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#XU.#0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.7!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U
M+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#4R-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,S4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C5P=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U\\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
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M=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*2`M($-A;&QA8FQE(&]N(&]R(&%F=&5R
M($IA;G5A<GD@,34L(#(P,3@@86YD(&5V97)Y(&9I9G1H(&%N;FEV97)S87)Y
M('1H97)E869T97(@870@,3`P+C`P+CPO9F]N=#X\+W1D/CPO='(^/"]T86)L
M93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E!R:6YC:7!A;"!P87EM96YT<R!D=64@=6YD97(@:6YV97-T
M;65N="!A9W)E96UE;G0@;V)L:6=A=&EO;G,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA
M<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M4')I;F-I<&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S4N-S5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<U+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-871U
M<FET>2!D871E.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<U+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$U/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SD\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S$U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$V/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0P
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO9F]N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(P,3@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0U-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<U+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<U+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<T+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Q-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,35P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&5X<&5C=&5D('!R:6YC:7!A;"!P
M87EM96YT<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XV,34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S$U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y,97-S(&1I<V-O=6YT(&%N9"!O=&AE<B!A9&IU<W1M96YT<SPO9F]N=#X\
M<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,BD\+V9O;G0^
M/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M-2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S0N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-"XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,35P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4T-SPO9F]N=#X\
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M.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?7U]?7SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$I+2!!;6]U;G1S(')E9FQE8W0@<')I;F-I<&%L(&1U92!A="!M871U
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M9'1H.C,W-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BDM
M($EN8VQU9&5S(&1I<V-O=6YT<R!O9B`D-S4@;6EL;&EO;B!O;B!I;G9E<W1M
M96YT(&%G<F5E;65N=',L(&YE="!O9B!A8V-R=65D(&EN=&5R97-T(&]F("0W
M(&UI;&QI;VXN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S4N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-2XW-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<FEN8VEP
M86P@<&%Y;65N=',@9'5E('5N9&5R(&UE9&EU;2UT97)M(&YO=&4@;V)L:6=A
M=&EO;G,@8F%S960@;VX@8V]N=')A8W1U86P@;6%T=7)I='D\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R
M9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,CDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$P,"XU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#`N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^4')I;F-I<&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\
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M;&%C:SMM:6XM=VED=&@Z,3`P+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N=#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS,CDN,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-871U<FET
M>2!D871E.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CDS<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$U/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDS<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CDS<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S(Y+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$V/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HY,W!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HY,W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3$Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT
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M.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-SPO
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M=#MC;VQO<CHC,#`P,#`P.R<@/C4S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S(Y+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,R.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C`Q.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4Y/"]F;VYT/CPO=&0^
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R.2XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C`Q.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S(Y+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,R.2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&AE<F5A9G1E<CPO9F]N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,34R/"]F;VYT/CPO=&0^/'1D('-T
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M0FQA8VL[;6EN+7=I9'1H.C,R.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^5&]T86P@97AP96-T960@<')I;F-I<&%L('!A>6UE;G1S
M/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY,W!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,W!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PU-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S(Y+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y,97-S(&1I<V-O=6YT(&%N9"!O=&AE<B!A9&IU<W1M96YT<SPO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H,BD\+V9O
M;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS-#4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,CDN,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,CDN
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L/"]F
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M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CDS<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,W!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,2PR,#$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS
M-#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?7U]?/"]F
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M+7=I9'1H.C0T-W!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0T-W!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BDM($EN8VQU9&5S(&1I<V-O=6YT<R!O
M9B`D,S`V(&UI;&QI;VXL(&9A:7(@=F%L=64@861J=7-T;65N=',@;V8@)#0U
M(&UI;&QI;VXL(&YE="!O9B!A8V-R=65D(&EN=&5R97-T(&]F("0V(&UI;&QI
M;VXN/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^
M/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-871U<FET>2!O9B!6244@;F]T
M97,L(&)Y('-E9VUE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E
M.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO
M;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<S+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U,'!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/DUA='5R:71Y(&1A=&4Z/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<S
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C`Q-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C(P,38\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,S-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34P<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C`Q-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S0V/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW
M,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR,#$X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS,C$\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,34P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M;W(Z(S`P,#`P,#LG(#XR.3D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HW,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-S,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,34P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&5R96%F=&5R/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#8N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XS+#`S,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[
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M<CHC,#`P,#`P.R<@/E1O=&%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"PX,#0\+V9O;G0^/'-U<#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W-U
M<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34P<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HU<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?7U]?7U]?7U\\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@26YC;'5D97,@)#(N,"!B:6QL
M:6]N(&]F(%9)12!N;W1E<R!A8V-O=6YT960@9F]R(&%T(&9A:7(@=F%L=64@
M87,@;V8@1&5C96UB97(@,S$L(#(P,30N/"]F;VYT/CPO=&0^/"]T<CX\+W1A
M8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X
M=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#
M;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-#4N:'1M;`T*
M0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*
M0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*
M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O
M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M
M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N
M:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\
M+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I
M9#TS1$E$,$5*0T%#/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DEN8V]M92!4
M87AE<R`H5&%B;&5S*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YC;VUE("AL
M;W-S*2!F<F]M(&]P97)A=&EO;G,@8F5F;W)E('!R;W9I<VEO;B`H8F5N969I
M="D@9F]R(&EN8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L
M;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,#(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30W+C<U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T-RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-CDN-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38Y+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/EEE87)S($5N9&5D($1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$P,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$P,BXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,3`R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$T-RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#<N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M,C`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
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M(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,#(N-S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C$P,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-#<N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30W+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$;VUE<W1I8SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C4W-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0S-3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L-#@V
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P,BXW-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3`R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`R+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$T-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-#<N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/D9O<F5I9VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV-SPO
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q.2D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3`R+C<U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,#(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,#(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30W
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,30W+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y);F-O;64@*&QO<W,I(&)E9F]R92!I;F-O;64@=&%X97,\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,S<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,S<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-C0Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,W+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0Q-CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
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M8V]L;W(Z(S`P,#`P,#LG(#XQ+#4Y.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$P,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#(N
M-S5P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YC;VUE('1A>"!E
M>'!E;G-E("AB96YE9FET*2!O;B!I;F-O;64@*&QO<W,I(&%N9"!S:&%R96AO
M;&1E<B<@97%U:71Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM
M87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,S,N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(W.7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-SEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0X
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R+C<U<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C(N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/EEE87)S($5N9&5D($1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#(N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D
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M9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT,BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#=7)R96YT('1A>&5S.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-SEP=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&961E<F%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS/"]F;VYT/CPO=&0^
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E-T
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;W(Z(S`P,#`P,#LG(#XX/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CPO
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-SEP=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y&;W)E:6=N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#8I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E9F5R<F5D('1A>&5S
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M,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-SEP=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y&961E<F%L/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-C4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;W(Z(S`P,#`P,#LG(#XS-3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C<Y<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W.7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1F]R96EG;CPO9F]N=#X\+W1D
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XH."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y0<F]V:7-I;VX@*&)E;F5F:70I(&9O
M<B!I;F-O;64@=&%X97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V-CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C,V-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-O;64@=&%X97,@
M8VAA<F=E9"`H8W)E9&ET960I('1O('-H87)E:&]L9&5R<R8C,SD[(&5Q=6ET
M>2!R96QA=&5D('1O.CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
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M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-SEP=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C<Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y#:&%N9V4@:6X@=6YR96%L:7IE9"!G86EN<R`H;&]S<V5S*2!O;B!!
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@Y/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#@Q*3PO9F]N=#X\+W1D/CQT9"!S
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M,#`P,#`P.R<@/C@V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;B!!1E,@<V5C=7)I=&EE
M<R!W:71H($]45$D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,CDI/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P
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M=#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG92!I;B!F;W)E:6=N(&-U<G)E;F-Y
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$S*3PO
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S,N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C<Y
M<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(W.7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^4VAA<F4M8F%S960@8V]M<&5N<V%T:6]N
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,CPO9F]N=#X\+W1D
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M(S`P,#`P,#LG(#XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&EN8V]M92!T
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<R*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,3,S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S,N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@/CPO=&0^
M/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S,N-S5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,CDR+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDR+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&5F9F5C="!O
M9B!I;F-O;64@=&%X97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,C$\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XY-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C0Y-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,S+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,S+C<U<'0[(#X\+W1D/CPO='(^/"]T
M86)L93X\+V1I=CX\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN8V]M92!T87@@<F%T92!R96-O;F-I;&EA=&EO;B!F
M<F]M('-T871U=&]R>2!T;R!E9F9E8W1I=F4@=&%X(')A=&4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R
M9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C`Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y996%R<R!%;F1E9"!$96-E
M;6)E<B`S,2P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-RXW-7!T
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M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\
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M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9E
M9&5R86P@:6YC;VUE('1A>"!C;VUP=71E9"!A="!T:&4@<W1A='5T;W)Y(')A
M=&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,S4N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,S4N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,S4N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M-RXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR,3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C$S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-R
M96%S92`H<F5D=6-T:6]N*2!I;B!T87AE<R!R97-U;'1I;F<@9G)O;3H\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
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M/'1D('-T>6QE/3-$=VED=&@Z,C`Q+C<U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(P,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^5&%X+65X96UP="!I;G1E<F5S=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,"XU*24\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$N,2DE/"]F
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M=#MC;VQO<CHC,#`P,#`P.R<@/DUA<FLM=&\M;6%R:V5T(&]N('=A<G)A;G1S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S4N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,S4N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;W(Z(S`P,#`P,#LG(#XS+C@E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@P+C<I)3PO9F]N=#X\+W1D/CQT9"!S
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-H86YG
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,RXU*24\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$R+C8I
M)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XH-2XV*24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-RXW
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#<N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,#$N-S5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`Q+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#:&%N9V4@:6X@=6YC97)T86EN('1A
M>"!P;W-I=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#DN,2DE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N."4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#`N,2DE/"]F;VYT
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M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`Q+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(P,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^4W1A=&4@:6YC;VUE('1A>"P@;F5T(&]F(&9E9&5R86P@8F5N969I
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<CHC,#`P,#`P.R<@/C(N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XQ)3PO9F]N=#X\+W1D/CQT9"!S='EL
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]U="UO9BUP
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N,"4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,N."DE/"]F
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M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C`Q+C<U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(P,2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^1F]R96EG;B!T87AE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,U+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,"XU*24\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#`N."DE/"]F
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M=#MC;VQO<CHC,#`P,#`P.R<@/D)A<VES(&1I9F9E<F5N8V4@:6X@9F]R96EG
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M;VQO<CHC,#`P,#`P.R<@/C`N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$N-"4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XP)3PO9F]N=#X\
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;VQO<CHC,#`P,#`P.R<@/C`N.24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#`N-BDE/"]F;VYT/CPO=&0^
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@P+C(I
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D5F9F5C=&EV92!T87@@<F%T93PO9F]N
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,2XR
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.2XY)3PO9F]N=#X\+W1D/CQT9"!S
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,BXX)3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C@W+C<U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C@W+C<U<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E
M9F5R<F5D('1A>"!A<W-E=',@86YD(&QI86)I;&ET:65S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL93TS1&)O<F1E
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M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%S(&]F($1E8V5M8F5R(#,Q+#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS,#9P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`V<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S`V<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,P-G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^1&5F97)R960@=&%X(&QI86)I;&ET:65S.CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/E5N96%R;F5D('!R96UI=6T@<F5V96YU93PO9F]N=#X\+W1D/CQT
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,3DV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,C`\+V9O;G0^/"]T9#X\
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D1E9F5R<F%L(&]F
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^.3$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/D1E9F5R<F5D(&%C<75I<VET:6]N(&-O<W1S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^-S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,CDT<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(Y-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^3F5T('5N<F5A;&EZ960@9V%I;G,@:6X@86-C=6UU;&%T960@;W1H97(@
M8V]M<')E:&5N<VEV92!I;F-O;64\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0F%S:7,@9&EF9F5R
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M,#`P,#`P.R<@/C4Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#@\+V9O
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3PO9F]N=#X\
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CD\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&=R
M;W-S(&1E9F5R<F5D('1A>"!L:6%B:6QI=&EE<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C0R,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0W.#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
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M+7=I9'1H.C(Y-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
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M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
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M-3(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HS,#9P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`V
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$969E<G)E9"!T
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-O;7!E
M;G-A=&EO;B!A;F0@96UP;&]Y964@8F5N969I=',\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M(S`P,#`P,#LG(#XS,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,Q/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,CDT<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Y/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^.#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
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M,#`P,#`P.R<@/DYE="!O<&5R871I;F<@;&]S<R!A;F0@=&%X(&-R961I="!C
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PQ-3`\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,3<\+V9O;G0^/"]T9#X\=&0@
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-A<&ET86P@;&]S<R!C
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-CPO9F]N=#X\+W1D/CQT
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M<CHC,#`P,#`P.R<@/CDS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDT<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y.970@=6YR96%L:7IE9"!L;W-S97,@;VX@:6YS
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDS
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#`P/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU
M,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR.31P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDT<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@;&]S<V5S(&]N
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S<\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT-SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T('5N<F5A;&EZ960@;&]S
M<V5S(&EN(&%C8W5M=6QA=&5D(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S
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M,#`P,#`P.R<@/C,P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-3(N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR.31P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,CDT<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y!;'1E<FYA=&EV92!M:6YI;75M('1A>"!C<F5D:70@
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C(\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,CPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Y-'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&1E9F5R<F5D('1A>&5S
M(&]N(%9)17,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-3PO9F]N=#X\
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M=#MC;VQO<CHC,#`P,#`P.R<@/C4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS,#9P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`V<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!G<F]S<R!D
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ+#0S,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PV.#`\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(Y-'!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR.31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E9A
M;'5A=&EO;B!A;&QO=V%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDS/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HS,#9P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S`V<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,2PP,#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$P.3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P
M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL
M93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
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M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#D@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT.#<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT.#<N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E(&EN('5N
M<F5C;V=N:7IE9"!T87@@8F5N969I=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z
M8V]L;&%P<V4[;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,N-7!T.V)O<F1E<BUT;W`M
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.W1E
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M;VQO<CHC,#`P,#`P.R<@/E5N<F5C;V=N:7IE9"!T87@@8F5N969I="!A<R!O
M9B!*86YU87)Y(#$L(#(P,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#<\+V9O;G0^/"]T9#X\=&0@<W1Y
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1H92!G
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$=7)I
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO=&0^/"]T<CX\
M='(@/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S<S
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV.7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#(V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96-O9VYI
M>F5D('1A>"!B96YE9FET(&%S(&]F($1E8V5M8F5R(#,Q+"`R,#$R/"]F;VYT
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M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0W/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y4:&4@9W)O<W,@86UO=6YT(&]F('1H92!I;F-R96%S92\H
M9&5C<F5A<V4I(&EN('1H92!55$(@87,@82!R97-U;'0@;V8@=&%X('!O<VET
M:6]N<R!T86ME;CH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CEP=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8Y<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS-C!P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-C!P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D1U<FEN9R!T:&4@8W5R<F5N="!Y96%R/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C8Y<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8Y<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,U+C(U
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS-S,N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&AE(&%M;W5N=',@;V8@9&5C<F5A
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M.VUI;BUW:61T:#HS-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^56YR96-O9VYI>F5D('1A>"!B96YE9FET(&%S(&]F($1E8V5M8F5R
M(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-CEP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-CEP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C8U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S4N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&4@9W)O<W,@86UO=6YT(&]F
M('1H92!I;F-R96%S92\H9&5C<F5A<V4I(&EN('1H92!55$(@87,@82!R97-U
M;'0@;V8@=&%X('!O<VET:6]N<R!T86ME;CH\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3DN-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS-2XR-7!T.W1E>'0M
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,V,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1'5R:6YG(&$@<')I;W(@>65A
M<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#8Q*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y$
M=7)I;F<@=&AE(&-U<G)E;G0@>65A<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M.VUI;BUW:61T:#HS-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^5&AE(&%M;W5N=',@;V8@9&5C<F5A<V5S(&EN('1H92!55$(@<F5L
M871E9"!T;R!S971T;&5M96YT<R!W:71H('1A>&EN9R!A=71H;W)I=&EE<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.2XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV.7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,S4N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS-2XR-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HS-S,N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,W,RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4:&4@<F5D=6-T:6]N(&EN
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV.7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV
M.7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M.VUI;BUW:61T:#HS-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^56YR96-O9VYI>F5D('1A>"!B96YE9FET(&%S(&]F($1E8V5M8F5R
M(#,Q+"`R,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DN-7!T
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C8Y<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV.7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,U+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,S4N,C5P=#L@/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE
M/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E
M.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO
M8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y
M-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-#8N:'1M;`T*0V]N=&5N="U4
M<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4
M>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-
M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP
M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP
M="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@
M3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@
M(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$4R
M1CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A
M;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY"=7-I;F5S<R!396=M96YT<R`H
M5&%B;&5S*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C
M+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4W5M;6%R>2!O9B!C;VUP
M86YY)W,@<V5G;65N="!R97-U;'1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL87!S93IC
M;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^665A<B!%;F1E9"!$96-E;6)E
M<B`S,2P@,C`Q-#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P-BXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`V
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M;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E4N4RX@/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30N-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YT
M97)N871I;VYA;"`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
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M<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!U
M8FQI8R`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YA;F0@4W1R=6-T=7)E9#PO
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
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M;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1FEN86YC93PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/D9I;F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M8V]L;W(Z(S`P,#`P,#LG(#Y!9'9I<V]R>3PO9F]N=#X\+W1D/CQT9"!S='EL
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M-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3(Q+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW
M96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN(&UI;&QI;VYS/"]F;VYT
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M;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N=#X\+W1D/CQT9"!S
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M-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#
M;W)P;W)A=&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF
M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4V5R=FEC97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]N9'5I=#PO9F]N=#X\+W1D/CQT9"!S
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y%;&EM:6YA=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]N<V]L:61A=&5D
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M.V-O;&]R.B,P,#`P,#`[)R`^4F5V96YU97,\+V9O;G0^/'-U<#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S-S,\+V9O;G0^
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M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3@Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0R
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$R
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\
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M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C$V/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^3F5T(&-H86YG92!I;B!F86ER('9A;'5E(&]F/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$Q-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#YI;G-U<F5D
M(&1E<FEV871I=F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#0U.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@-#4Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A:6YS
M("AL;W-S97,I(&]N(&9I;F%N8VEA;"`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/FEN<W1R=6UE;G1S(&%T(&9A
M:7(@=F%L=64@86YD(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,31P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^9F]R96EG;B!E>&-H86YG93PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4U/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-S@\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y.970@:6YV97-T;65N="!L;W-S97,@<F5L871E9"`\
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/G1O(&]T:&5R+71H86XM=&5M<&]R87)Y(#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L
M<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,31P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^:6UP86ER;65N=',\
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M;VQO<CHC,#`P,#`P.R<@/B`H,34I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M*#$U*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O
M;B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/F5X=&EN9W5I<VAM96YT(&]F(&1E8G0\+V9O;G0^/"]T9#X\=&0@
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,SPO9F]N=#X\+W1D/CPO='(^
M/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/D]T:&5R(&YE="!R96%L:7IE9"!G86EN<R`H;&]S<V5S*2`\+V9O;G0^
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M,#`P,#`P.R<@/B`Q-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R.#PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/E)E=F5N=65S(&]F(&-O;G-O;&ED871E9"!6245S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$P-3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`H."D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`Q,#$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<BUS96=M96YT(')E=F5N
M=65S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.B,P,#`P,#`[)R`^(#4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#8\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("@Q-C8I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
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M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$P-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L
M(')E=F5N=65S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#0S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.#$Y/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,30X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VQO<CHC,#`P,#`P.R<@/B`S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$V-BD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,2PR-S`\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y,;W-S97,@86YD(&QO<W,@861J=7-T;65N="`\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W
M+C(U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`H,3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,30S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,S,\+V9O;G0^/"]T
M9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y/<&5R871I;F<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#<R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.#<\+V9O;G0^/"]T9#X\=&0@
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T,CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(S.3PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ
M,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/DEN=&5R97-T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#$P.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#$P,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B`R,3`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%>'!E;G-E<R!O
M9B!C;VYS;VQI9&%T960@5DE%<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
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M,#`P,#`P.R<@/B`T-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@-#<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E
M<BUS96=M96YT(&5X<&5N<V5S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`W.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M;&]R.B,P,#`P,#`[)R`^("@Q-S(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$P-BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/E1O=&%L(&5X<&5N<V5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3`V/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@-#,U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C`S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M<CHC,#`P,#`P.R<@/B`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$W,BD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C(Y/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^26YC;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A>&5S/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,S,W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,S@T/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#4U*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@R
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`H-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;VQO<CHC,#`P,#`P.R<@/B`V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^(#8T,3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H
M8F5N969I="D@9F]R(&EN8V]M92!T87AE<SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#$Q-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$S-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^("@Q-S,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#8I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-S(\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y.970@:6YC;VUE("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(R,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#(U,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^(#$Q.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q.2D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H-BD\+V9O;G0^
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4V.3PO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/DED96YT:69I86)L92!A<W-E=',\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R
M9&5R+71O<"UW:61T:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W
M+C(U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T
M:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#4L.#@W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,"PP.#8\+V9O;G0^/"]T9#X\=&0@
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R
M9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(L.#0V/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`W.3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
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M;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@S+#,R."D\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/'-U<#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B@S*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$V+#(X-#PO9F]N=#X\
M+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HY<'0[8V]L;W(Z(S`P,#`P,#LG(#Y?7U]?7U]?
M7U]?7U]?7U]?/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D
M97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B
M;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@4F5P
M<F5S96YT<R!T:&4@<W5M(&]F('1H:7)D+7!A<G1Y(&9I;F%N8VEA;"!G=6%R
M86YT964@;F5T('!R96UI=6US(&5A<FYE9"P@;F5T(&EN=F5S=&UE;G0@:6YC
M;VUE+"!I;G-U<F%N8V4M<F5L871E9"!F965S(&%N9"!R96EM8G5R<V5M96YT
M<RP@:6YV97-T;65N="!M86YA9V5M96YT(&9E97,@86YD(&]T:&5R(&9E97,N
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,C4@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU-30N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-30N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I("T@4F5P<F5S96YT<R!I;G1E
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^("`@
M("`@("!R96-E:79A8FQE<R!A;F0@<&%Y86)L97,@86YD(&EN=&5R8V]M<&%N
M>2!L;V%N<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R
M-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD@+2!#;VYS:7-T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^665A<B!%;F1E9"!$96-E;6)E<B`S,2P@,C`Q,SPO9F]N=#X\+W1D/CPO
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M<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E4N4RX@
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M-30N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C4T+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD
M.V-O;&]R.B,P,#`P,#`[)R`^26YT97)N871I;VYA;"`\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E!U8FQI8R`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-"XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@
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M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/"]T9#X\
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M,#`P,#`[)R`^1FEN86YC93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4T+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9I;F%N
M8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
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M.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!9'9I<V]R
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S
M(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R
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M;&]R.D)L86-K.VUI;BUW:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DEN<W5R86YC93PO9F]N
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;W)P;W)A=&4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M,#`P,#`[)R`^4V5R=FEC97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HU,BXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,BXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^0V]N
M9'5I=#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C4R+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4R+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%;&EM:6YA=&EO;G,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3,N,C5P=#MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4S
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^0V]N<V]L:61A=&5D/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5V96YU
M97,\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
M*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B`T,C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@,30X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#4U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@-C0T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&-H86YG92!I;B!F86ER
M('9A;'5E(&]F/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y
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M:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$Q-'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-'!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#YI;G-U<F5D(&1E<FEV871I=F5S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(R.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C,R/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"`\
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/FEN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\
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M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,31P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^9F]R96EG
M;B!E>&-H86YG93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(Y/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;VQO<CHC,#`P,#`P.R<@/B`Q-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
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M,#`P,#`P.R<@/B`V.3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H
M;&]S<V5S*2!O;B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M;VQO<CHC,#`P,#`P.R<@/F5X=&EN9W5I<VAM96YT(&]F(&1E8G0\+V9O;G0^
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(R
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\<W5P/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO<W5P/CPO=&0^
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8P
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^3W1H97(@;F5T(')E86QI>F5D(&=A:6YS
M("AL;W-S97,I(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@R.2D\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
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M,#`P,#`P.R<@/B`H,CDI/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS
M<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^4F5V96YU97,@
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@,C,W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$T*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\
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M,#`P,#`P.R<@/B`Q,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C,S/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^26YT97(M<V5G;65N="!R979E;G5E<SPO9F]N=#X\<W5P/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@.3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`W.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^(#@U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C8\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,C<P*3PO9F]N=#X\+W1D/CQT
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!R979E;G5E<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4Q
M.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#<Q-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$V,SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("@R,S(I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$L
M,C`Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3&]S<V5S(&%N9"!L;W-S(&%D:G5S
M=&UE;G0@/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3`U/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#$Q-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D]P97)A=&EN9SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.B,P,#`P,#`[)R`^(#8V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3`X/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@,34W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@-3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S
M.#0\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S=#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,3(\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,C0\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C,V/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^17AP96YS97,@;V8@8V]N<V]L:61A=&5D(%9)17,\+V9O
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M<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3`\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8\+V9O;G0^/"]T9#X\=&0@
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4V/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^26YT97(M<V5G;65N="!E>'!E;G-E<SPO9F]N
M=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT
M/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.38\+V9O;G0^/"]T9#X\=&0@<W1Y
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`Q,S8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`W/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.V-O;&]R.B,P,#`P,#`[)R`^(#(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#(W,BD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`V+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P@97AP96YS97,\
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M;VQO<CHC,#`P,#`P.R<@/B`R-C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T,3@\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`R.#@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`V,#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,R/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@*#(W,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@-SDS/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N
M/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YC;VUE("AL;W-S
M*2!B969O<F4@:6YC;VUE('1A>&5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C4Q/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@,CDX/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@*#$R-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3<I/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#,Q*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0P
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0Q-CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN8V]M
M92!T87AE<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#@R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@,3`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$U*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^("@U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q,"D\+V9O;G0^/"]T
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT
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M<CHC,#`P,#`P.R<@/B`Q-C8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@:6YC
M;VUE("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$V.3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$Y-SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L
M93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("@Q,3`I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@*#$R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@R,2D\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R-SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R-3`\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y)9&5N=&EF:6%B;&4@87-S971S/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
M=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M
M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`V+#`U-CPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@,3$L-C@W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R+#8T,3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#0\+V9O
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M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#$W-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB
M;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[
M8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@*#,L-C4R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HY<'0[(#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#0I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.F1O
M=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,38L.34S/"]F;VYT/CPO=&0^/"]T<CX\
M='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?7U]?7U]?7U\\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M
M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U
M<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C4U-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,2D@
M+2!297!R97-E;G1S('1H92!S=6T@;V8@=&AI<F0M<&%R='D@9FEN86YC:6%L
M(&=U87)A;G1E92!N970@<')E;6EU;7,@96%R;F5D+"!N970@:6YV97-T;65N
M="!I;F-O;64L(&EN<W5R86YC92UR96QA=&5D(&9E97,@86YD(')E:6UB=7)S
M96UE;G1S+"!I;G9E<W1M96YT(&UA;F%G96UE;G0@9F5E<R!A;F0@;W1H97(@
M9F5E<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R-2!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,BD@+2!297!R97-E;G1S
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^
M("`@("`@("!R96-E:79A8FQE<R!A;F0@<&%Y86)L97,@86YD(&EN=&5R8V]M
M<&%N>2!L;V%N<RX\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,RD@+2!297!R
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M<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@T
M*2`M($-O;G-I<W1S(&]F(&EN=&5R8V]M<&%N>2!R96EN<W5R86YC92!B86QA
M;F-E<RP@<F5P=7)C:&%S92!A9W)E96UE;G1S(&%N9"!D969E<G)E9"!I;F-O
M;64@=&%X97,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV/CQD:78^
M/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O;&QA<'-E.VUA<F=I
M;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
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M;W(Z(S`P,#`P,#LG(#Y996%R($5N9&5D($1E8V5M8F5R(#,Q+"`R,#$R/"]F
M;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`V+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#8N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-30N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4T+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^52Y3+B`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU-"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<FYA=&EO;F%L(#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
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M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`V
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,#8N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4'5B;&EC(#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4T+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HU-"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/F%N9"!3=')U8W1U<F5D/"]F;VYT/CPO=&0^/'1D
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M-"XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-30N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y&:6YA;F-E/"]F;VYT/CPO=&0^/'1D('-T
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M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^1FEN86YC93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
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M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D%D=FES;W)Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-3(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y
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M86X[9F]N="US:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^26YS=7)A;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M:7IE.CAP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-O<G!O<F%T93PO9F]N
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y397)V:6-E<SPO9F]N=#X\+W1D/CQT9"!S
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M;VUA;CMF;VYT+7-I>F4Z.'!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y#;VYD=6ET/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D5L:6UI
M;F%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VYS;VQI9&%T960\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z,3(Q+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#Y2979E;G5E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4T.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R-#,\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C@\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C$\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/B`X.#`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O
M;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@8VAA
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/FEN<W5R960@9&5R:79A=&EV97,\
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M;VQO<CHC,#`P,#`P.R<@/B`Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,2PT-C,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#$L-#8T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I
M(&]N(&9I;F%N8VEA;"`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=#MC;VQO<CHC,#`P,#`P.R<@/FEN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@
M86YD(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
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M.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HQ,31P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^9F]R96EG;B!E>&-H86YG93PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$R
M,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.V-O;&]R.B,P,#`P,#`[)R`^(#DS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$U."D\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`H,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`U-3PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/DYE="!I;G9E<W1M96YT(&QO<W-E<R!R96QA=&5D(#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0W+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N
M,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,31P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M=&\@;W1H97(M=&AA;BUT96UP;W)A<GD@/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/"]T9#X\=&0@
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
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M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q-'!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#YI;7!A:7)M96YT<SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H-#4I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@*#8P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H
M,3`U*3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W
M<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R(&YE="!R96%L:7IE9"!G
M86EN<R`H;&]S<V5S*2`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
M,#LG(#X@,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@-SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E=F5N=65S(&]F
M(&-O;G-O;&ED871E9"!6245S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`[)R`^(#<Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`V,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@,3,T/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^26YT
M97(M<V5G;65N="!R979E;G5E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@,38X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-#4\+V9O;G0^/"]T9#X\
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`Q-S<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("@R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@T,C(I/"]F;VYT/CPO=&0^/'1D('-T
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M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO
M<CHC,#`P,#`P.R<@/E1O=&%L(')E=F5N=65S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.#,X/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,2PX-S$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`S,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4T/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-C$\+V9O;G0^
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H
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M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R+#0S
M-3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DQO<W-E<R!A;F0@;&]S<R!A9&IU<W1M
M96YT(#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#(Q/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,CD\
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#4P/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R
M;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^3W!E<F%T:6YG/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,3(T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,30W/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,3$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@-#8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO
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M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`T,S$\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<F5S=#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,S(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q-3(\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C@T/"]F;VYT/CPO=&0^
M/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL93TS
M1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^17AP96YS97,@;V8@8V]N<V]L:61A=&5D(%9)17,\+V9O;G0^
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M,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3D\+V9O;G0^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`M
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$S/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`W,CPO9F]N
M=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,C$N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,2XU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/DEN=&5R+7-E9VUE;G0@97AP96YS97,\+V9O;G0^
M/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B@R*3PO9F]N=#X\
M+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
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M.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$R-#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#(P.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$U/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`Y-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@T-3<I
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,#8N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P-BXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&5X<&5N<V5S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@,C8Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E
M<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3<U/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P
M,#`P,#LG(#X@,C@Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-3D\+V9O;G0^/"]T9#X\=&0@<W1Y
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,3`\+V9O
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/B`H-#4W*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CEP
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D
M97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B`X,S<\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P
M86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);F-O;64@*&QO
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`U-CD\+V9O;G0^
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B`Q+#(Y-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^("@R-#@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#4I/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#0Y*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#,U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CEP=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$L-3DX
M/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(Q+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M.'!T.V-O;&]R.B,P,#`P,#`[)R`^4')O=FES:6]N("AB96YE9FET*2!F;W(@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3@X/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@-#,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$W.2D\
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M;VQO<CHC,#`P,#`P.R<@/B`H,2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3<I/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#X@*#4Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`S-C0\+V9O;G0^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z
M,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y.970@:6YC;VUE("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,X,3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#@V-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^("@V.2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP
M=#MC;VQO<CHC,#`P,#`P.R<@/B`H-"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,S(I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@.30\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,2PR,S0\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,3(Q+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,C$N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y)9&5N=&EF:6%B;&4@87-S971S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@
M/B`V+#@X-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#<N,C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3<L,C0X/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M
M=VED=&@Z,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R+#<R,3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L
M93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B
M;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I
M9'1H.C,[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O
M;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG
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M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
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M.B,P,#`P,#`[)R`^(#8Y-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#4L.#<P*3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.CEP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HY<'0[(#X\<W5P/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I
M9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#5P=#MB;W)D97(M=&]P
M+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,C$L-S(T/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,R!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$R,2XU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R
M,2XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MC;VQO<CHC,#`P,#`P.R<@/E]?7U]?7U]?
M7U]?7U]?7U\\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E
M<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D(&-O;'-P86X],T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C4U-"XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C4U-"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P
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M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^("`@("`@("!O=&AE<B!F965S
M+CPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#(U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-34T+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-34T+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*2`M(%)E<')E<V5N=',@:6YT
M97)C;VUP86YY('!R96UI=6T@:6YC;VUE(&%N9"!E>'!E;G-E+"!I;G1E<F-O
M;7!A;GD@87-S970@;6%N86=E;65N="!F965S(&%N9"!E>'!E;G-E<RP@86YD
M(&EN=&5R8V]M<&%N>2!I;G1E<F5S="!I;F-O;64@86YD(&5X<&5N<V4@<&5R
M=&%I;FEN9R!T;R`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X]
M,T0R-2!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C4U-"XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4U-"XR
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("`@("`@(&EN
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M;&]R.B,P,#`P,#`[)R`^*#,I("T@0V]N<VES=',@;V8@:6YT97)C;VUP86YY
M(')E:6YS=7)A;F-E(&)A;&%N8V5S+"!R97!U<F-H87-E(&%G<F5E;65N=',@
M86YD(&QO86YS+CPO9F]N=#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-U
M;6UA<GD@3V8@<')E;6EU;7,@96%R;F5D(&]N(&9I;F%N8VEA;"!G=6%R86YT
M965S(&%N9"!I;G-U<F5D(&1E<FEV871I=F5S(&)Y(&=E;V=R87!H:6,@;&]C
M871I;VX@;V8@<FES:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/&1I=CX\=&%B;&4@<W1Y;&4],T1B;W)D97(M8V]L;&%P<V4Z8V]L;&%P<V4[
M;6%R9VEN+71O<#HR,'!T.R`^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S($5N9&5D($1E8V5M8F5R(#,Q
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);B!M:6QL:6]N<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-2XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX
M+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,C$N,C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,C$N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L
M('!R96UI=6US(&5A<FYE9#H\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C4N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
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M;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C$S+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C$S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`R.3D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
M,SDQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#4S,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^56YI=&5D
M($MI;F=D;VT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-2XU<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,C4N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`S-CPO9F]N=#X\+W1D/CQT
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@,S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$S
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C$S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y%=7)O<&4@*&5X8VQU9&EN9R!5;FET960@2VEN9V1O;2D\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR-2XU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4N-7!T.R`^/"]T9#X\=&0@
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M,#`P,#`P.R<@/B`W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`Q,3PO9F]N=#X\+W1D/CQT
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,3,N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,3,N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DEN=&5R;F%T:6]N86QL>2!D
M:79E<G-I9FEE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#D\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#$V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$S
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C$S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y#96YT<F%L(&%N9"!3;W5T:"!!;65R:6-A/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,C4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(U+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8S
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C8S+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@-#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#,V/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C,N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-C,N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`T.#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$N,C5P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(Q,RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q,RXW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^07-I83PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(U+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-2XU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^(#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#4\+V9O;G0^
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,3,N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,3,N-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D]T:&5R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#X@,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HV,RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV
M,RXW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^(#$Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,2XR-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HR,C$N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,C$N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L("`@/"]F;VYT/CPO=&0^/'1D('-T
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#0Q
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C8S+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#0Y-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV,RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8V,3PO9F]N=#X\+W1D/CQT
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M8VL[;6EN+7=I9'1H.C(Q,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR-2XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,C4N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8S+C<U<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8S+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HV,RXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT
M;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HV,RXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
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M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,2XR-7!T.R`^/"]T9#X\+W1R
M/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM
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M:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV
M/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T
M/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$
M4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R
M:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P
M;W)T(&ED/3-$240P13%!04,^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^26YS
M=7)A;F-E($EN($9O<F-E("A486)L97,I/&)R/CPO<W1R;VYG/CPO=&@^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/C$R($UO;G1H<R!%
M;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\
M=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC92!I;B!&;W)C
M92!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DEN<W5R86YC92!I;B!F;W)C92!B>2!G96]G<F%P:&EC(&QO
M8V%T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!<R!O9B!$96-E;6)E<B`S,2P\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\
M+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ,S)P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#XD(&EN(&)I;&QI;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3`R<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q
M+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$-"!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C$P,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3`R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(P<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT
M-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B4@;V8\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
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M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/B4@;V8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU
M<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0W
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z
M(S`P,#`P,#LG(#Y);G-U<F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F%N8V4\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F%N8V4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y);G-U<F%N8V4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC
M96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^1V5O9W)A<&AI8R!,;V-A
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN($9O
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M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^:6X@1F]R8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#YI;B!&;W)C93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/FEN($9O<F-E/"]F;VYT/CPO=&0^/'1D
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M/3-$,2!S='EL93TS1'=I9'1H.C$S,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D-A;&EF
M;W)N:6$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S,N.#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,38N.24\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C@X+C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C$V+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T
M9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@
M/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,3,R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F5W(%EO<FL\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(Y+C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8N."4\+V9O;G0^/"]T9#X\
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M8V]L;W(Z(S`P,#`P,#LG(#XS."XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+CDE/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^26QL
M:6YO:7,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(U+C0\+V9O;G0^
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4N
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.2XV/"]F;VYT/CPO
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+C,E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^1FQO<FED83PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,C0N,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-2XU)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M,#`P,#`P.R<@/C4N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,S)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y497AA<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C$N,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"XX)3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C(X+C`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.#(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HQ,S)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
M9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3,R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.97<@2F5R
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ-BXX/"]F;VYT/CPO
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+CDE
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C`N,CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RXV)3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@R+C5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C@R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S
M='EL93TS1'=I9'1H.C@R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N
M/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$S,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/DUI8VAI9V%N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M(S`P,#`P,#LG(#XR+C@E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,34N,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,BXX)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@R
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!U97)T;R!2:6-O/"]F;VYT/CPO
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,"XQ/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C,E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,3`N.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXP)3PO9F]N=#X\+W1D/CQT
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E!E
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2XS/"]F
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XR+C$E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3$N.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;VQO<CHC,#`P,#`P.R<@/E=A<VAI;F=T;VX\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M;VQO<CHC,#`P,#`P.R<@/CDN,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXQ)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q+C4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N,24\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,C!P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y3=6)T
M;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,C,Q+C@\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4S+C`E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,C@S+C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4Q+C$E/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M.#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C@R+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3,R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$S,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^3F%T
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,S@N.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^."XY)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C4S+C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-#)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/CDN-R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HQ,S)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!S=&%T97,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R,RXV/"]F;VYT/CPO=&0^
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR."XR
M)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U-2XX/"]F
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M<CHC,#`P,#`P.R<@/E1O=&%L(%5N:71E9"!3=&%T97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,Y-"XS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,"XQ)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C0Y,BXW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX."XY)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C@R+C5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C@R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C$S,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DEN
M=&5R;F%T:6]N86QL>2!D:79E<G-I9FEE9#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,BXX/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XP+C8E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N
M-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3(N.#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR
M:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXS
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M<CHC,#`P,#`P.R<@/D-O=6YT<GD@<W!E8VEF:6,\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
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M=#MC;VQO<CHC,#`P,#`P.R<@/C0P+C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/CDN,R4\+V9O;G0^/"]T
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT."XX/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R
M9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX+C@E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.#(N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
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M+7=I9'1H.C$R,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M5&]T86P@;F]N+55N:71E9"!3=&%T97,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0S+C4\+V9O;G0^/"]T9#X\=&0@
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XY+CDE/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q+C8\+V9O;G0^
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M8V]L;W(Z(S`P,#`P,#LG(#XQ,2XQ)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C@R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y
M;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z.#(N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ,S)P=#MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3,R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-#,W+C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE
M.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#`N,"4\+V9O;G0^/"]T9#X\=&0@
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-34T+C,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O
M=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,#`N,"4\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M,BXU<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R86YC92!I
M;B!F;W)C92!B>2!B;VYD('1Y<&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQD:78^/'1A8FQE('-T>6QE/3-$8F]R9&5R+6-O;&QA<'-E.F-O
M;&QA<'-E.VUA<F=I;BUT;W`Z,C!P=#L@/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[
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M<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DU<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Y-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
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M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/D%S(&]F($1E8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE
M/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XD(&EN(&)I;&QI;VYS/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,3`R<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3`R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C$N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M-"!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$P,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3`R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3,N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ.35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
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M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^)2!O9CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[
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M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N
M-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^)2!O9CPO9F]N=#X\+W1D/CQT9"!S
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M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YS=7)A;F-E
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#)P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^26YS=7)A;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C$N-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^26YS=7)A;F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C1P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
M(#Y";VYD('1Y<&4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M;VQO<CHC,#`P,#`P.R<@/FEN($9O<F-E/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^:6X@1F]R8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M
M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#YI;B!&;W)C93PO9F]N=#X\
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M;W(Z(S`P,#`P,#LG(#Y';&]B86P@<'5B;&EC(&9I;F%N8V4\+V9O;G0^/&9O
M;G0@<W1Y;&4],T0G9F]N="US:7IE.B`Q,'!T.R!C;VQO<CH@(S`P,#`P,#LG
M(#XF(S$Y,#L\+V9O;G0^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M56YI=&5D(%-T871E<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/"]T9#X\=&0@<W1Y
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M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR
M,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^1V5N97)A;"!O8FQI9V%T:6]N
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R,BXX/"]F;VYT/CPO=&0^/'1D('-T
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR."XP)3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,34S+C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(W+C<E/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(T<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C(T<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^1V5N97)A;"!O8FQI9V%T:6]N/"]F;VYT/CQF;VYT('-T
M>6QE/3-$)V9O;G0M<VEZ93H@,3!P=#L@8V]L;W(Z(",P,#`P,#`[)R`^)B,Q
M.3`[/"]F;VYT/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/FQE87-E
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-RXY/"]F;VYT/CPO=&0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+C0E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S0N,3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BXR)3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DUU;FEC:7!A;"!U=&EL:71I97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8P+C4\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S+C@E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S@N,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,30N,24\+V9O;G0^
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y487@M8F%C:V5D/"]F;VYT/CPO=&0^/'1D
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M;W(Z(S`P,#`P,#LG(#XU,RXV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BXR)3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C8V+C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q+CDE/"]F;VYT/CPO=&0^/'1D('-T
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M;&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^5')A;G-P;W)T871I;VX\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C,X+C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
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M;VQO<CHC,#`P,#`P.R<@/C@N."4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;W(Z(S`P,#`P,#LG(#XX+C,E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3DN-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X
M="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-"XU)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y(96%L=&@@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^."XT/"]F;VYT/CPO
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+CDE
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^.2XU/"]F;VYT/CPO=&0^
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+C<E/"]F
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^36EL:71A<GD@:&]U<VEN9SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@N-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"XR)3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y+C(\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,N-24\+V9O;G0^/"]T
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M8V]L;W(Z(S`P,#`P,#LG(#Y);G9E<W1O<BUO=VYE9"!U=&EL:71I97,\+V9O
M;G0^/'-U<#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$I/"]F
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+C$\+V9O;G0^/"]T
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$N-"4\
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+C(\+V9O;G0^/"]T9#X\
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$N,R4\+V9O
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y-=6YI8VEP86P@:&]U<VEN9SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$W+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,RXV/"]F;VYT/CPO=&0^/'1D('-T
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+C@E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-"XX/"]F;VYT/CPO=&0^/'1D('-T>6QE
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XP+CDE/"]F;VYT/CPO=&0^
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M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(\+V9O;G0^/'-U<#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@*#(I/"]F;VYT/CPO<W5P/CPO=&0^/'1D('-T
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M8V]L;W(Z(S`P,#`P,#LG(#XR+C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N-B4\+V9O;G0^/"]T9#X\
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS+C`\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C`N-24\+V9O;G0^
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M,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA
M;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`X+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C`X+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/E1O=&%L(%5N:71E9"!3=&%T97,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C,V,2XV/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,BXV)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C0T-2XW/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX,"XT)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-'!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#4@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HR-#EP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-#EP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/D=L;V)A;"!P=6)L:6,@9FEN86YC93PO9F]N=#X\9F]N="!S
M='EL93TS1"=F;VYT+7-I>F4Z(#$P<'0[(&-O;&]R.B`C,#`P,#`P.R<@/B8C
M,3DP.SPO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#YN;VXM
M56YI=&5D(%-T871E<SH\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C,Y+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F
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M=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HR,C)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO
M<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y);G1E<FYA=&EO;F%L
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS
M.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,N-#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,RXQ)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$U+CD\+V9O
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E-O=F5R96EG;BUR96QA=&5D(&%N9"!S
M=6(M<V]V97)E:6=N/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^("@S*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$W+C(U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$W+C(U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,34N-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[
M=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,RXU)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M,#`P,#`P.R<@/C,N,24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1R86YS<&]R=&%T:6]N
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY+C<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#)P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N,B4\+V9O
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,BXR/"]F;VYT/CPO=&0^/'1D
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR+C(E/"]F;VYT
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M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,C)P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,C(R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y,;V-A;"!G;W9E<FYM96YT<SPO9F]N=#X\<W5P/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`H-"D\+V9O;G0^/"]S=7`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M=#MC;VQO<CHC,#`P,#`P.R<@/C`N,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XQ)3PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C`N-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XQ)3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0S(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z,C(R<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C(R,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M(S`P,#`P,#LG(#XP+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,"XR/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
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M8V]L;W(Z(S`P,#`P,#LG(#XP+C`E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,C`X+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,C`X+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&YO;BU5;FET960@4W1A=&5S/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3<N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS
M;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XS.2XQ/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX+CDE/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#8N,#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^."XS)3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3,N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.35P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!G;&]B86P@<'5B;&EC(&9I;F%N
M8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0P,"XW/"]F;VYT/CPO
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,2XU
M)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0Y,2XW/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0R
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XX."XW
M)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG
M;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3,N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ.35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.35P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3<N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#)P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0R<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
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M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^
M/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HR,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,S4N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^0V]L;&%T97)A;&EZ960@
M9&5B="!O8FQI9V%T:6]N<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B`H-2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C$T+C<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
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M;VQO<CHC,#`P,#`P.R<@/C,N-"4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
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M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
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M;W(Z(S`P,#`P,#LG(#XU+C<E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M(S`P,#`P,#LG(#XY+CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(N,R4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ,BXT/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
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M8V]L;W(Z(S`P,#`P,#LG(#XR+C(E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
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M:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^36]R=&=A9V4M8F%C:V5D(&-O;6UE<F-I86P\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M<CHC,#`P,#`P.R<@/C$N,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,"XS)3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M,#`P,#`P.R<@/C$N-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^,"XS)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2XY/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
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M8V]L;W(Z(S`P,#`P,#LG(#XP+C0E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,BXX/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P
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M;W(Z(S`P,#`P,#LG(#XP+C4E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M=VED=&@Z,3,N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#0@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HR,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HR,S4N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M0V]R<&]R871E(&%S<V5T+6)A8VME9#PO9F]N=#X\<W5P/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B`H-BD\+V9O;G0^/"]S=7`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
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M<CHC,#`P,#`P.R<@/CDN-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXQ)3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
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M,#`P,#`P.R<@/C$T+C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
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M=#MC;VQO<CHC,#`P,#`P.R<@/C(N-B4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N-7!T.R`^/"]T9#X\
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/E1O=&%L(&=L;V)A
M;"!S=')U8W1U<F5D(&9I;F%N8V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-RXR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C,W+C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C@N-24\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M(S`P,#`P,#LG(#XQ,2XS)3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,3DU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&
M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^5&]T86P\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K
M9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ-RXR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XT,S<N.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$R+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$P,"XP)3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU-30N,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U
M8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C$P,"XP)3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIR:6=H=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$U(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-#DR<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#DR<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C9P=#MC;VQO<CHC,#`P,#`P
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M+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#$I("T@26YC;'5D97,@:6YV
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M97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@R*2`M
M($EN8VQU9&5S(&-E<G1A:6X@;F]N+7!R;V9I="!E;G1E<G!R:7-E<RP@<W1A
M9&EU;2!R96QA=&5D(&9I;F%N8VEN9R!A;F0@<W1U9&5N="!L;V%N<RX\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,C1P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR-'!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$U(')O=W-P
M86X],T0Q('-T>6QE/3-$=VED=&@Z-#DR<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C0Y,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HW<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#0I
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M;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P,#`[)R`^*#4I("T@26YC;'5D
M97,@=')A;G-A8W1I;VYS("AR97!R97-E;G1E9"!B>2!S=')U8W1U<F5D('!O
M;VQS(&]F('!R:6UA<FEL>2!I;G9E<W1M96YT(&=R861E(&-O<G!O<F%T92!C
M<F5D:70@<FES:W,@;W(@0U)%(&%S<V5T<RD@=&AA="!D;R!N;W0@:6YC;'5D
M92!T>7!I8V%L($-$3R!S=')U8W1U<FEN9R`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-'!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,C1P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-'!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,RXU<'0[=&5X="UA;&EG;CIL
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P
M,#`P.R<@/F-H87)A8W1E<FES=&EC<RP@<W5C:"!A<R!T<F%N8VAE9"!C<F5D
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M<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC;VQO<CHC,#`P,#`P.R<@/B@V
M*2`M($EN8VQU9&5S("0U+C,@8FEL;&EO;B!A;F0@)#4N-2!B:6QL:6]N(&]F
M('-T<G5C='5R960@:6YS=7)A;F-E('-E8W5R:71I>F%T:6]N<R!A<R!O9B!$
M96-E;6)E<B`S,2P@,C`Q-"!A;F0@,C`Q,RP@<F5S<&5C=&EV96QY+CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(T<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(T<'0[(#X\+W1D/CPO='(^/"]T86)L93X\+V1I=CX\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E
M:6YS=7)A;F-E(&%G<F5E;65N=',@9F]R(&EN<W5R86YC92!O<&5R871I;VYS
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S
M='EL93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P
M<'0[(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C$R,'!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R,'!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
M26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.3!P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,'!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3$X+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#4N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,"XU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HU,BXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,3(P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3(P<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,'!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E-T86YD87)D("9A;7`[/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Q
M."XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,3@N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-BXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-38N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/DQE='1E<G,@;V8@/"]F;VYT/CPO=&0^/'1D
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M8VL[;6EN+7=I9'1H.C$R,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.3!P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDP
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#Y0;V]R)B,S.3MS(%)A=&EN9SPO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,3@N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3$X+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DUO;V1Y)B,S.3MS(%)A=&EN9SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU
M,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-3,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z
M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D-E9&5D(%!A<CPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HU-BXR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-38N
M,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/D-R961I="\@5')U<W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y296EN
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E)E:6YS=7)E<G,\+V9O;G0^/"]T9#X\
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XH4W1A='5S*3PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,3@N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L
M:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3$X+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/BA3=&%T
M=7,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I
M9'1H.C4S+C(U<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3W5T<W1A;F1I;F<\+V9O
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!8V-O=6YT<SPO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HV,'!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C!P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E)E8V]V97)A8FQE/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MC
M;VQO<CHC,#`P,#`P.R<@/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,3(P<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(P<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY,'!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
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M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T.R`^
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M;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-3(N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3(P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#Y!<W-U<F5D($=U87)A;G1Y(%)E($QT9"X\+V9O;G0^/"]T
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M(S`P,#`P,#LG(#Y!03PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3@N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3$X+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A83$\
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^(#,L-C,T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$P+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,"XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`S,CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C4R
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M(#$\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3(P
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("`\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH4W1A8FQE($]U=&QO;VLI/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$Q."XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*$YE9V%T:79E($]U=&QO;VLI/"]F;VYT/CPO
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/"]T9#X\+W1R/CQT
M<B`^/'1D('-T>6QE/3-$=VED=&@Z,3(P<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(P<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!<W-U<F5D($=U87)A;G1Y($-O<G`N/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.CDP<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY,'!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^04$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$X
M+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$Q."XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y!,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`R+#`Q.3PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,"XU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3`N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("T\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C4R+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8\+V9O;G0^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,3(P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(P<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HY,'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z.3!P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BA3=&%B;&4@3W5T;&]O:RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3$X+C5P
M=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$Q."XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH
M3F5G871I=F4@3W5T;&]O:RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!02L\+V9O
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y!86$\+V9O;G0^/"]T9#X\=&0@<W1Y
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B`R.#D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`M/"]F;VYT/CPO=&0^/'1D('-T
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M=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("T\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,3(P
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@("!)
M;G9E<W1M96YT($-O<G!O<F%T:6]N/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDP
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY,'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*%-T
M86)L92!/=71L;V]K*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3@N-7!T.W1E
M>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M,3$X+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BA3=&%B
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3`N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#4N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D]T:&5R
M<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,'!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.3!P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D$M(&]R(&%B;W9E/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$Q."XU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,3@N-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^03(@;W(@86)O=F4\+V9O;G0^/"]T9#X\=&0@<W1Y
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B`Q-#4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3`N-7!T.V)O<F1E
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`R/"]F;VYT
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M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3(N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("T\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,3(P<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(P<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY,'!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.CDP<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,3@N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Q."XU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B`V+#`X-SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,"XU<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$P+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`S-#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HU,BXU<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R
M9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HU,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-SPO
M9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS1#$T(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z-3,U+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HU,S4N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^7U]?7U]?7U]?7U]?7U]?/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,30@<F]W<W!A;CTS1#$@<W1Y
M;&4],T1W:61T:#HU,S4N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4S-2XU<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C<N-7!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$I("T@5&]T86P@<F5I;G-U<F%N8V4@<F5C;W9E
M<F%B;&4@:7,@<')I;6%R:6QY(')E;&%T960@=&\@<F5C;W9E<F%B;&5S(&]N
M('5N<&%I9"!L;W-S97,N/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE/CPO9&EV
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1FEN86YC:6%L(&=U87)A;G1E92!N970@<')E;6EU;7,@96%R;F5D/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL
M93TS1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[
M(#X\='(@/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HX-BXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&
M1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX-BXR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ-#0N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE
M.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T-"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^
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M.C$Q,"XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O
M;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O
M;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HS."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L
M;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,X+C(U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#$T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,S@N,C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT
M+6%L:6=N.F-E;G1E<CMB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS."XR-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q,SPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$
M,2!S='EL93TS1'=I9'1H.C,X+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI
M9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,S@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/C(P,3(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
M>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$
M,R!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$Q,"XR-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,3`N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/DYE="!P<F5M:75M<R!E87)N960Z/"]F;VYT/CPO=&0^/'1D
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M,"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
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M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,S`N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&
M1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N-S5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)A
M8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
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M8V]L;W(Z(S`P,#`P,#LG(#Y$:7)E8W0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R
M.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,S`N-S5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,S`N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0P-SPO9F]N
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,"XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-#`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M
M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P+C<U<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,P+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT.#D\+V9O;G0^/"]T9#X\=&0@
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M,#`P,#`P.R<@/D%S<W5M960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR
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M1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS,"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C<\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T
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M(S`P,#`P,#LG(#XQ,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,S5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3,U<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ,S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R
M;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3)P=#MT97AT+6%L
M:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.#8N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC
M1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#8N,C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D=R;W-S/"]F;VYT/CPO
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HS,"XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-#`Y/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT
M97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z
M(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,"XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-#8W/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,"XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C$Y
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y#961E9#PO9F]N=#X\+W1D/CQT
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS,"XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^*#$R*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,"XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$P*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS,"XW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#$T*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ,S5P=#L@/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS
M1'=I9'1H.C$S-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$S-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,G!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD
M+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX-BXR-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HX-BXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^3F5T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,SDW/"]F;VYT/CPO
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C,P+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O
M='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-#4W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
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M.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,P+C<U<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US
M='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS,"XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-C`U/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3,U<'0[=&5X="UA;&EG;CIL969T.V)A8VMG
M<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$S-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D
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M:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-
M"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0]
M,T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T
M97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E
M(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@
M("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14A(/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S
M<&%N/3-$,CX\<W1R;VYG/DQO;F<M=&5R;2!);F-E;G1I=F4@4&QA;G,@*%1A
M8FQE<RD\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@
M,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^3&]N9RU497)M($EN8V5N=&EV92!0;&%N<R!;06)S=')A8W1=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E
M<W1R:6-T960@4VAA<F5S($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL93TS1&)O<F1E<BUC;VQL
M87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT9"!S='EL
M93TS1'=I9'1H.C`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
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M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y2
M97-T<FEC=&5D(%-H87)E($%C=&EV:71Y/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$T/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N
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M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P
M,#`P,#LG(#XR,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C`N-S5P=#MT97AT+6%L
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB
M;VQD.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R(&]F(%-H87)E<SPO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY+C<U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N
M/3-$,2!S='EL93TS1'=I9'1H.C4X+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HU."XU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O
M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y796EG:'1E9"!!=F5R86=E(%!R:6-E(%!E
M<B!3:&%R93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X
M="UA;&EG;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DYU;6)E<B!O9B!3:&%R97,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HY+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU."XU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F%C:V=R;W5N9"UC
M;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-3@N
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^5V5I9VAT960@079E<F%G92!0<FEC92!097(@4VAA<F4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.
M=6UB97(@;V8@4VAA<F5S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3@N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&
M1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4X+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E
M:6=H=&5D($%V97)A9V4@4')I8V4@4&5R(%-H87)E/"]F;VYT/CPO=&0^/"]T
M<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C`N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HP+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$T,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-#,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/D]U='-T86YD:6YG(&%T(&)E9VEN;FEN9R!O9B!Y96%R/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F%C
M:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L.#,R+#$Q
M-3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`W+C8T,S@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&
M1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^-RPS,C`L,3$P/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^(#8N.#`Q-SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL
M969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XT
M+#@X,2PW.#(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@-BXT,3,T/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!S='EL93TS1'=I9'1H.C`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HP+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$T,RXR-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O
M=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-#,N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D=R
M86YT960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,RPR-C,L-#<R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$R+C`R
M.#0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^-#0Y+#DS,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HY+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.CDN-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HY
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,RXP-S0Q/"]F
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW+CDR.3D\+V9O;G0^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,"XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C`N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,30S+C(U<'0[=&5X="UA;&EG
M;CIL969T.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$T,RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^5F5S=&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@V,3,L-C0Q*3PO9F]N=#X\+W1D/CQT
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU+CDV-C$\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^*#DV.2PS.38I/"]F;VYT/CPO=&0^/'1D('-T
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;W(Z(S`P,#`P,#LG(#XH-S`L-30Y*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ
M-BXW.3`Y/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H
M.C`N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HP+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$T,RXR
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D9O<F9E:71E9#PO9F]N=#X\+W1D
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3(S
M+#$R,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[8F]R9&5R+6)O
M='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.2XW-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`N,CDT,CPO9F]N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+C8W
M,C0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^*#$X,"PV-C4I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.2XW
M-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW
M:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/CDN,C@V,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HP+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,"XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#,N
M,C5P=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30S+C(U<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=71S=&%N9&EN9R!A="!E;F0@
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M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^-BPS-3@L.#(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HY+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X
M+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@,3`N,#`T
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M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,RPX,S(L,3$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.CDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z.2XW-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HY+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#X@-RXV-#,X/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW
M+#,R,"PQ,3`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M.2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HY+C<U<'0[8F]R9&5R
M+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O
M='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.CDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B`V+C@P,3<\+V9O;G0^/"]T9#X\
M+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y3=&]C:R!/<'1I;VYS($]U='-T86YD:6YG
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S
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M,T0T(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[8F]R9&5R
M+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO
M<CHC,#`P,#`P.R<@/C(P,30\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HR,2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/C(P,3,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,2XW
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0T(')O=W-P86X]
M,T0Q('-T>6QE/3-$=VED=&@Z,3`X+C<U<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/C(P,3(\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z
M,3)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-3!P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-3!P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!C
M;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C0W+C(U<'0[
M8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT
M-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^5V5I9VAT960\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HR,2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C0X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^
M/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-#<N
M,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0W+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[
M8V]L;W(Z(S`P,#`P,#LG(#Y796EG:'1E9#PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HQ,G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U,'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U,'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X
M+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!=F5R
M86=E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q
M+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
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M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!=F5R86=E/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\
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M8V]L;W(Z(S`P,#`P,#LG(#Y!=F5R86=E/"]F;VYT/CPO=&0^/"]T<CX\='(@
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y.=6UB97(@;V8\+V9O;G0^/"]T9#X\=&0@
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M;W(Z(S`P,#`P,#LG(#Y0<FEC93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYU;6)E<B!O9CPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HT-RXR
M-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L
M9#MC;VQO<CHC,#`P,#`P.R<@/E!R:6-E/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C(Q+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^3G5M8F5R(&]F/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C0W+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT-RXR-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')I8V4\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED
M=&@Z,38R<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T
M=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT
M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/<'1I;VYS/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E-H87)E<SPO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG
M;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!E<B!3:&%R93PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P
M.R<@/E-H87)E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U
M<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HT-RXR-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#<N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!E
M<B!3:&%R93PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C(Q+C<U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O
M<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC
M;VQO<CHC,#`P,#`P.R<@/E-H87)E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
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M,#`P,#`P.R<@/E!E<B!3:&%R93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@
M8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C)P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT
M+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#Y/=71S=&%N9&EN9R!A="!B96=I;FYI;F<@;V8@>65A
M<CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L-S$U+#0P-CPO9F]N=#X\
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M;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU+#DV,RPR-C@\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M
M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XQ.2XP-#@U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-BPT
M,C4L,#<S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ
M,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C$N,S,S,#PO9F]N=#X\+W1D/CPO='(^/'1R(#X\
M=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-C)P
M=#MT97AT+6%L:6=N.FQE9G0[8F%C:V=R;W5N9"UC;VQO<CHC1D9&1D9&.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,38R<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y%>&5R8VES960\+V9O;G0^/"]T9#X\=&0@
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M;W(Z(S`P,#`P,#LG(#XH-#`P+#`P,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M-"XP,C`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR
M,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW
M-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O
M;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^+3PO9F]N=#X\
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M;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,C$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/"]T<CX\='(@
M/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H.C$V
M,G!T.W1E>'0M86QI9VXZ;&5F=#MB86-K9W)O=6YD+6-O;&]R.B-&1D9&1D8[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-C)P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D5X<&ER960@;W(@9F]R9F5I=&5D/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#<V-RPT,#8I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8Q+C4X,34\+V9O;G0^/"]T9#X\=&0@
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M8V]L;W(Z(S`P,#`P,#LG(#XH,BPR-#<L.#8R*3PO9F]N=#X\+W1D/CQT9"!S
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M(S`P,#`P,#LG(#XQ-BXS,S@R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,C$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^*#0V,2PX,#4I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4P
M+C@S,S`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O
M=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T
M.V)A8VMG<F]U;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$V,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^3W5T<W1A;F1I;F<@870@96YD(&]F('EE87(\+V9O;G0^/"]T9#X\=&0@
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M;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,BPU-#@L,#`P/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P
M,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB
M;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.
M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,"XY
M.#@X/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C,L-S$U+#0P-CPO
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^,C`N-C@X,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C(Q+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C$N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T
M=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU+#DV,RPR-C@\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y+C`T.#4\+V9O
M;G0^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,38R<'0[=&5X="UA;&EG;CIL969T.V)A8VMG<F]U
M;F0M8V]L;W(Z(T9&1D9&1CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$V,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^17AE<F-I
M<V%B;&4@870@96YD(&]F('EE87(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2PW.3@L,#`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N
M-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
M;W)D97(M=&]P+7-T>6QE.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.F1O=6)L93MB;W)D97(M=&]P+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,RXT-C8P/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,C$N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,2XW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C$L-S4R+#,Q,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW
M:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R
M+71O<"US='EL93ID;W5B;&4[8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S@N-3$R,#PO9F]N
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#<U,2PQ-S,\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O
M<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z
M,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C0U
M+C`Q-S0\+V9O;G0^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=71S=&%N
M9&EN9R!3=&]C:R!/<'1I;VYS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y3=&]C
M:R!/<'1I;VYS($]U='-T86YD:6YG/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#D@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR,C`N-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C(P+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P
M,#`P.R<@/E-T;V-K($]P=&EO;G,@17AE<F-I<V%B;&4\+V9O;G0^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<S+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,SDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H=&5D/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L
M:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,SDN-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^079E<F%G93PO
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M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y796EG
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M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!9V=R96=A=&4\+V9O;G0^/"]T
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!=F5R86=E/"]F
M;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E=E:6=H
M=&5D/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4]
M,T1W:61T:#HU-'!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-31P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%G9W)E9V%T93PO9F]N=#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5M86EN:6YG
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%V
M97)A9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YT<FEN<VEC/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P
M=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4F5M86EN:6YG
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HS.2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%V
M97)A9V4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M+C(U<'0[(#X\+W1D/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL
M93TS1'=I9'1H.C4T<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26YT<FEN<VEC/"]F;VYT/CPO
M=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C<S+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y286YG92!O9B!!=F5R86=E/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG
M:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYU;6)E<B!O9CPO9F]N=#X\+W1D
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M-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y#;VYT<F%C
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M="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG
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M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y686QU93PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#4N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/DYU
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M(S`P,#`P,#LG(#Y#;VYT<F%C='5A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y%>&5R8VES93PO9F]N=#X\+W1D/CQT9"!S
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M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
M,#LG(#Y686QU93PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HW,RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^17AE<F-I<V4@4')I8V4\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$R+C<U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C0U+C<U<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^3W!T:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P
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M8V]L;W(Z(S`P,#`P,#LG(#Y,:69E(&EN(%EE87)S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O
M<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[
M9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/E!R:6-E/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T
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M9#MC;VQO<CHC,#`P,#`P.R<@/BAI;B!M:6QL:6]N<RD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-#4N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O
M;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y/<'1I
M;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N
M-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC
M,#`P,#`P.R<@/DQI9F4@:6X@665A<G,\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^4')I8V4\+V9O;G0^/"]T9#X\
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M:#HU-'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R
M.B,P,#`P,#`[)R`^*&EN(&UI;&QI;VYS*3PO9F]N=#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HW,RXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S,N-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T
M.V-O;&]R.B,P,#`P,#`[)R`^)#0N,#(@+2`D-3<N-S$\+V9O;G0^/"]T9#X\
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M;W(Z(S`P,#`P,#LG(#XR+#(X-RPU,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2XW,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C,Y+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB
M;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XU+C,Y,C(\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0V+C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Q/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,2PU,S<L-3`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$N
M-#<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HS.2XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^-2XU-3DQ/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XX/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C<S+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,RXU<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XD-3@N.#0@+2`D-S`N.#8\+V9O;G0^/"]T9#X\
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XR-C`L-3`P/"]F;VYT/CPO=&0^/'1D('-T
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M,#`P,#`P.R<@/C`N-34\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX
M+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,SDN-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8P+C$S,S,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3(N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HQ,BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HT-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^,C8P+#4P,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@N,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0X+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XP
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV,"XQ,S,S/"]F;VYT/CPO=&0^/'1D
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^+3PO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HW,RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-S,N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^5&]T86P\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ,BXW-7!T
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M-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W
M(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BPU-#@L
M,#`P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$N-3@\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HS.2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,3`N.3@X.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT-BXU<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O;2US='EL93ID
M;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$R+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3(N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-#4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M
M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C0U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z
M(S`P,#`P,#LG(#XQ+#<Y."PP,#`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,2XS-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT
M97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX
M+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C,Y+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C,Y+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,RXT-C8P/"]F;VYT/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R
M+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0V+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C0V+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C@\
M+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-S,N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<S+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3(N-S5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ,BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT-2XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT-2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HS
M.2XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C,Y+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#8N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[
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M;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,SDN-S5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HS.2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
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M:SMM:6XM=VED=&@Z-#8N-7!T.R`^/"]T9#X\+W1R/CPO=&%B;&4^/"]D:78^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^
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M("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E
M(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T
M('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.
M;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@
M/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14U%
M/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N
M/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/D5A<FYI;F=S(%!E<B!3:&%R92`H
M5&%B;&5S*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:"!C;VQS<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C
M+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY497AT($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V-H961U;&4@3V8@0F%S
M:6,@06YD($1I;'5T960@16%R;FEN9W,@4&5R(%-H87)E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL93TS1&)O<F1E
M<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\='(@/CQT
M9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C(U.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C(U.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(V-'!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[
M)R`^)"!I;B!M:6QL:6]N<R!E>&-E<'0@<VAA<F4@86YD('!E<B!S:&%R92!A
M;6]U;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE
M/3-$=VED=&@Z-SDN-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-SDN-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D(&-O;'-P86X]
M,T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-SDN-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-SDN-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P
M,#`[)R`^,C`Q,SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U+C<U
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M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T
M>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E
M;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR
M,#$R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,C8T<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,C8T<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I
M9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y"87-I8R!E87)N:6YG<R!P97(@
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M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U+C<U<'0[=&5X="UA;&EG;CIC
M96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED
M=&@Z-G!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@:6YC;VUE
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M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/C4V.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C$U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/C(U,#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#(S-#PO9F]N=#X\
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M0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3&5S<SH@=6YD:7-T<FEB=71E9"!E87)N:6YG<R!A;&QO8V%T
M960@=&\@<&%R=&EC:7!A=&EN9R!S96-U<FET:65S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C4\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ-2XW-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-S)P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C,R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y.970@:6YC;VUE("AL;W-S*2!A=F%I;&%B
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M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU-3,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P
M,#`[)R`^,C0U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,34N-S5P
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#(P,CPO9F]N=#X\+W1D/CQT
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M;6EN+7=I9'1H.C(U.'!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S)P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C9P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y"87-I8R!W96EG:'1E9"!A
M=F5R86=E('-H87)E<SPO9F]N=#X\<W5P/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/B`H,2D\+V9O;G0^/"]S=7`^/"]T9#X\=&0@<W1Y;&4],T1W
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X."PQ-S$L-3`S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T
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M(S`P,#`P,#LG(#XQ.#DL,#<Q+#`Q,3PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C$U+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P
M=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$X."PX
M,S0L-C(V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U
M<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I('!E
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(N.30\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$N,S`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-2XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[
M=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M8F]T=&]M+7-T
M>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XV+C,V/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
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M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<R<'0[8F]R9&5R+71O<"US='EL93ID;W5B;&4[
M8F]R9&5R+71O<"UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M+7-I>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@
M/D1I;'5T960@96%R;FEN9W,@<&5R('-H87)E.CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
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M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I/"]F;VYT
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<R<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU-CD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T
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M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(U,#PO9F]N=#X\+W1D/CQT9"!S='EL
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L
M,C,T/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-G!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C9P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z,C4X<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C4X<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#Y,97-S.B!U;F1I<W1R:6)U=&5D(&5A<FYI
M;F=S(&%L;&]C871E9"!T;R!P87)T:6-I<&%T:6YG('-E8W5R:71I97,\+V9O
M;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC
M,#`P,#`P.R<@/C$U/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M,G!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,S(\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/DQE<W,Z(&UA<FLM=&\M;6%R:V5T(&=A:6X@*&QO
M<W,I(&]N('=A<G)A;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR.#PO9F]N=#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB
M;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U+C<U
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M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/BT\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R
M(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/DYE="!I;F-O;64@*&QO<W,I(&%V86EL86)L92!T;R!C;VUM;VX@
M<VAA<F5H;VQD97)S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XU,C8\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW
M:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE
M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(T-3PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U+C<U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/C$L,C`R/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R
M9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A<VEC('=E:6=H=&5D(&%V97)A9V4@
M<VAA<F5S/"]F;VYT/CQS=7`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^("@Q*3PO9F]N=#X\+W-U<#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@X+#$W,2PU,#,\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
M.R<@/C$X.2PP-S$L,#$Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@X+#@S-"PV,C8\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ
M;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D
M/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D5F9F5C="!O9B!C;VUM;VX@<W1O8VL@97%U:79A
M;&5N=',Z/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-2XW-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
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M+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M("!3=&]C:R!O<'1I;VYS/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<R<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ+#$P-"PR-#<\+V9O;G0^
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P
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M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$L,#8R+#,Y-3PO9F]N
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^("!787)R86YT<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T
M.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T
M:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,2PV
M,C(L.#<W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M8F]T=&]M
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M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XM/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,34N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,34N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW,G!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^+3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@
M/CPO=&0^/"]T<CX\='(@/CQT9"!S='EL93TS1'=I9'1H.C9P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C(U.'!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(U.'!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^1&EL=71E9"!W96EG:'1E9"!A=F5R86=E
M('-H87)E<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O
M<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y
M;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ
M,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3DP+#@Y."PV,C<\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S)P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$Y
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3@Y+#@Y-RPP,C$\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M
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M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-S)P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!I;F-O;64@*&QO
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M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P
M,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<R<'0[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,BXW
M-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<R<'0[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R
M9&5R+6)O='1O;2UW:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,2XR.3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
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M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S)P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C8N,S,\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^
M/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR-3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR-3AP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUT;W`M=VED=&@Z,SMT
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M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW,G!T.V)O<F1E<BUT;W`M<W1Y;&4Z9&]U8FQE
M.V)O<F1E<BUT;W`M=VED=&@Z,SMT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W
M:61T:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR-3AP=#MB
M;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z
M,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HR-3AP=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-2XW-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T
M>6QE/3-$=VED=&@Z-S)P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW,G!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C$U<'0[(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T
M:#HV<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-G!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#$P(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z-3,T+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-3,T+C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C=P=#MC
M;VQO<CHC,#`P,#`P.R<@/B`H,2D@26YC;'5D97,@-#$R+#<V.2P@-C(Y+#@Y
M-B!A;F0@-3`V+#<Q-"!O9B!P87)T:6-I<&%T:6YG('-E8W5R:71I97,@=&AA
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M+W1D/CQT9"!C;VQS<&%N/3-$,3`@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T
M:#HU,S0N-S5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HU,S0N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z-W!T.V-O;&]R.B,P,#`P
M,#`[)R`^97%U:79A;&5N=',@9F]R('1H92!Y96%R<R!E;F1E9"!$96-E;6)E
M<B`S,2P@,C`Q-"P@,C`Q,R!A;F0@,C`Q,BP@<F5S<&5C=&EV96QY+CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/"]T
M<CX\+W1A8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM
M+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F
M-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-3`N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$4R1CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY!8V-U
M;75L871E9"!/=&AE<B!#;VUP<F5H96YS:79E($EN8V]M92`H5&%B;&5S*3QB
M<CX\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS
M<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q
M-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY497AT($)L;V-K(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E<R!);B!4:&4@0V]M<&]N96YT
M<R!/9B!!3T-)/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z.#,N,C5P=#MT97AT
M+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@S
M+C(U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@
M4F]M86X[9F]N="US:7IE.CEP=#MF;VYT+7=E:6=H=#IB;VQD.V-O;&]R.B,P
M,#`P,#`[)R`^56YR96%L:7IE9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A
M;CTS1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HX,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#,N,C5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/B!'
M86EN<R`H3&]S<V5S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HX,BXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX,BXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@
M<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HW-7!T.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A;CTS1#$@
M<W1Y;&4],T1W:61T:#HX,RXR-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z.#,N,C5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU
M<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/F]N($%&4SPO
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M8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX@0W5R<F5N8WD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M0FQA8VL[;6EN+7=I9'1H.C(T-BXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT
M+7=E:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^26X@;6EL;&EO;G,\+V9O
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M.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y396-U<FET:65S+"!.970\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
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M;&0[8V]L;W(Z(S`P,#`P,#LG(#Y4<F%N<VQA=&EO;BP@3F5T/"]F;VYT/CPO
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M;W(Z(S`P,#`P,#LG(#Y4;W1A;#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#(@<F]W<W!A
M;CTS1#$@<W1Y;&4],T1W:61T:#HR-#8N-S5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-#8N-S5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L($IA;G5A<GD@,2P@,C`Q
M,CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P
M<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-S4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-S4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M
M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/B@Q-C,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/B@Q,RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E
M>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+71O<"US='EL
M93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q-S8I/"]F;VYT/CPO=&0^/'1D('-T
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M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HR,SDN
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M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[=&5X="UA;&EG
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M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HR,SDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HR,SDN,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO
M<CHC,#`P,#`P.R<@/D]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE("AL;W-S
M*2!B969O<F4@<F5C;&%S<VEF:6-A=&EO;G,\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HW-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M,3,V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[
M8V]L;W(Z(S`P,#`P,#LG(#XR-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W
M+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2
M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$V,CPO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
M+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\
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M;W(Z(S`P,#`P,#LG(#Y!;6]U;G1S(')E8VQA<W-I9FEE9"!F<F]M($%/0TD\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL
M93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^-S`\+V9O;G0^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/BT\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-C<N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XW,#PO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-#8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-#8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!P97)I;V0@
M;W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R
M+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-S4N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-S4N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I
M;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@
M/C(P-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US
M='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[
M8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^,C8\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\9F]N
M="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US
M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR,S(\+V9O;G0^/"]T9#X\=&0@
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M+7=I9'1H.C(S.2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-2XW-7!T.R`^
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M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8W+C5P=#MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M86QI9VXZ8V5N
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M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#Y"86QA;F-E+"!$96-E;6)E<B`S,2P@,C`Q,CPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P
M,#`P.R<@/C0S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[
M=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M
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M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$S/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XU-CPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[
M=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HQ-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,C,Y+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,Y+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.V)O<F1E<BUT;W`M<W1Y
M;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-C<N
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HV-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT
M+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T
M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE
M9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,C,Y+C(U<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,C,Y+C(U<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y/=&AE<B!C;VUP<F5H96YS:79E(&EN
M8V]M92`H;&]S<RD@8F5F;W)E(')E8VQA<W-I9FEC871I;VYS/"]F;VYT/CPO
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M,#`P,#`P.R<@/B@Q,C@I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
M97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z
M-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XR/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C8W+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$R-BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^06UO=6YT<R!R96-L87-S:69I
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M;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q,2D\+V9O
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M;VQO<CHC,#`P,#`P.R<@/B@U*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[
M8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H
M.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C8W+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Q
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y.970@<&5R:6]D(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE
M("AL;W-S*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E
M>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
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M<'0[8V]L;W(Z(S`P,#`P,#LG(#XH,3,Y*3PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I
M9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-7!T.V)O
M<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^*#,I/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^*#$T,BD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E
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M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/"]T
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M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N
M.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E
M<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C$U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HQ-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS
M1#(@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HR-#8N-S5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR-#8N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/D)A;&%N8V4L($1E
M8V5M8F5R(#,Q+"`R,#$S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/B@Y-BD\
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M=#MC;VQO<CHC,#`P,#`P.R<@/C$P/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
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M=VED=&@Z-C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^
M*#@V*3PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$U<'0[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HQ-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$U<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HR,SDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HR,SDN,C5P=#L@/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-S4N
M-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
M,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-S4N-S5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
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M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R
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M;W(Z0FQA8VL[;6EN+7=I9'1H.C(S.2XR-7!T.R`^/&9O;G0@<W1Y;&4],T0G
M9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O
M;&]R.B,P,#`P,#`[)R`^3W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO
M<W,I(&)E9F]R92!R96-L87-S:69I8V%T:6]N<SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U
M+C<U<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<U+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4
M:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG
M(#XQ,3<\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P
M=#MC;VQO<CHC,#`P,#`P.R<@/B@R-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
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M97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XY,#PO
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HR,SDN,C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HR,SDN,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z,3!P=#MC
M;VQO<CHC,#`P,#`P.R<@/D%M;W5N=',@<F5C;&%S<VEF:65D(&9R;VT@04]#
M23PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI
M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
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M:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XQ,SPO9F]N=#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US='EL93IS;VQI9#MB;W)D97(M
M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^-#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O
M;2US='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C$W/"]F;VYT/CPO=&0^/'1D
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M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!O=&AE
M<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RD\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-RXU<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P
M+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW-2XW
M-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ
M.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3,P
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE
M.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#XH,C,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MB;W)D
M97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[
M(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P+7-T
M>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-C<N-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^,3`W/"]F;VYT/CPO=&0^/'1D('-T
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M9'1H.C(S.2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT
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M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R
M9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
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M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L;W(Z(S`P
M,#`P,#LG(#Y"86QA;F-E+"!$96-E;6)E<B`S,2P@,C`Q-#PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E
M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D
M97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R
M.B,P,#`P,#`[)R`^)#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<U
M+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H
M.C$[8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW
M:61T:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HW-2XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ
M5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[
M)R`^,S0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N
M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N
M="US:7IE.C$P<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D
M('-T>6QE/3-$=VED=&@Z-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O
M<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB
M;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C$P<'0[8V]L
M;W(Z(S`P,#`P,#LG(#XH,3,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-RXU<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB
M;W)D97(M8F]T=&]M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H
M.C,[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@
M3F5W(%)O;6%N.V9O;G0M<VEZ93HQ,'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C8W+C5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M
M+7-T>6QE.F1O=6)L93MB;W)D97(M8F]T=&]M+7=I9'1H.C,[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8W+C5P=#L@
M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF
M;VYT+7-I>F4Z,3!P=#MC;VQO<CHC,#`P,#`P.R<@/C(Q/"]F;VYT/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,35P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,35P=#L@/CPO=&0^/"]T<CX\+W1A
M8FQE/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4F5C;&%S<VEF:6-A=&EO;G,@1G)O;2!!3T-)/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\9&EV/CQT86)L92!S='EL93TS
M1&)O<F1E<BUC;VQL87!S93IC;VQL87!S93MM87)G:6XM=&]P.C(P<'0[(#X\
M='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S<&%N/3-$,2!S='EL93TS1'=I9'1H
M.C$T-RXW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$T-RXW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E:6=H
M=#IB;VQD.W1E>'0M9&5C;W)A=&EO;CIU;F1E<FQI;F4[8V]L;W(Z(S`P,#`P
M,#LG(#Y);B!M:6QL:6]N<SPO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS
M1#$@<W1Y;&4],T1W:61T:#HQ.#0N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3@T+C5P=#L@/CQF;VYT('-T
M>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z
M."XU<'0[9F]N="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/D%M;W5N
M=',@4F5C;&%S<VEF:65D(&9R;VT@04]#23PO9F]N=#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C$Y.'!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$Y.'!T.R`^/"]T9#X\+W1R/CQT<B`^/'1D('-T>6QE/3-$
M=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,30R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI
M;BUW:61T:#HQ-#(N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P
M=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T
M:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-BXW-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW
M-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI
M9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ
M8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT
M97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG;CIC96YT97([
M8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#(N-7!T
M.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C$T,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T
M.R`^/"]T9#X\=&0@8V]L<W!A;CTS1#@@<F]W<W!A;CTS1#$@<W1Y;&4],T1W
M:61T:#HQ.#0N-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z,3@T+C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z."XU<'0[9F]N
M="UW96EG:'0Z8F]L9#MC;VQO<CHC,#`P,#`P.R<@/EEE87)S($5N9&5D($1E
M8V5M8F5R(#,Q+#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T
M.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C$Y.'!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T
M.R`^/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q
M('-T>6QE/3-$=VED=&@Z,30W+C<U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,30W+C<U<'0[(#X\9F]N="!S='EL
M93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N
M-7!T.V9O;G0M=V5I9VAT.F)O;&0[=&5X="UD96-O<F%T:6]N.G5N9&5R;&EN
M93MC;VQO<CHC,#`P,#`P.R<@/D1E=&%I;',@86)O=70@04]#22!#;VUP;VYE
M;G1S/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA
M;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P
M=#L@/CPO=&0^/'1D(&-O;'-P86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$
M=VED=&@Z-34N-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O
M='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-34N-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF
M86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX+C5P=#MF;VYT+7=E
M:6=H=#IB;VQD.V-O;&]R.B,P,#`P,#`[)R`^,C`Q-#PO9F]N=#X\+W1D/CQT
M9"!S='EL93TS1'=I9'1H.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED
M.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D(&-O;'-P
M86X],T0R(')O=W-P86X],T0Q('-T>6QE/3-$=VED=&@Z-3=P=#MB;W)D97(M
M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T
M=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L
M:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4W<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.C@N-7!T.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P
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M<BUT;W`M=VED=&@Z,3MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E
M<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C4V+C(U<'0[(#X\9F]N="!S='EL93TS1"=F
M;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.C@N-7!T.V9O
M;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#XR,#$R/"]F;VYT/CPO
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M.V9O;G0M=V5I9VAT.F)O;&0[8V]L;W(Z(S`P,#`P,#LG(#Y!9F9E8W1E9"!,
M:6YE($ET96T@;VX@=&AE($-O;G-O;&ED871E9"`-"E-T871E;65N=',@;V8@
M3W!E<F%T:6]N<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@8V]L<W!A;CTS
M1#,@<F]W<W!A;CTS1#$@<W1Y;&4],T1W:61T:#HQ-34N,C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-34N,C5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^56YR96%L:7IE9"!G
M86EN<R`H;&]S<V5S*2!O;B!!1E,@<V5C=7)I=&EE<SH\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI
M9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HV+C<U<'0[(#X\+W1D/CQT9"!S='EL
M93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HX+C(U<'0[=&5X="UA;&EG;CIC96YT97([8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@N,C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED
M=&@Z,3MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN
M+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P
M=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT
M97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H
M.C0X+C<U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M
M86QI9VXZ8V5N=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ8V5N
M=&5R.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[8F]R9&5R+71O<"US='EL93IS
M;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIC96YT97([8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.F-E;G1E<CMB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HQ.3AP=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT
M;W`M=VED=&@Z,3MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K
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M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^4F5A;&EZ960@9V%I;B`H;&]S<RD@;VX@<V%L92!O9B!S96-U<FET:65S
M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG
M;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C8N-S5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/&9O;G0@
M<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ
M93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#XD/"]F;VYT/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z-#@N-S5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O
M;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R
M.B,P,#`P,#`[)R`^("@Q-RD\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U
M<'0[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C@N,C5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S
M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^)#PO
M9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C0X+C<U<'0[=&5X="UA;&EG
M;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[
M(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[
M9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`R,SPO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO
M<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT
M+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC
M,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW
M-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM
M97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@
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M:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE="!G86EN<R`H;&]S<V5S*2!O
M;B!F:6YA;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V86QU90T*("`@("!A
M;F0@9F]R96EG;B!E>&-H86YG92`\+V9O;G0^/"]T9#X\+W1R/CQT<B`^/'1D
M('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M
M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^("`\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$T,BXU<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
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M<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R
M+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N
M="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z
M(S`P,#`P,#LG(#X@*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H
M-2D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[8F]R9&5R+6)O='1O;2US
M='EL93IS;VQI9#MB;W)D97(M8F]T=&]M+7=I9'1H.C$[=&5X="UA;&EG;CIR
M:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y
M;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#$P-"D\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE
M/3-$=VED=&@Z,3DX<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z,3DX<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A
M;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P
M,#`P.R<@/DYE="!I;G9E<W1M96YT(&EN8V]M92`\+V9O;G0^/"]T9#X\+W1R
M/CQT<B`^/'1D('-T>6QE/3-$=VED=&@Z-2XR-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C4N,C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z,30R+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R
M9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ-#(N-7!T.R`^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z-BXW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
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M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H
M,C$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C@N,C5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z."XR-7!T.V)O<F1E<BUT;W`M
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M=#MC;VQO<CHC,#`P,#`P.R<@/B`Q.#PO9F]N=#X\+W1D/CQT9"!S='EL93TS
M1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA
M8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW
M+C5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z
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M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B`H,3`X*3PO9F]N
M=#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HQ.3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HQ.3AP=#L@/CQF;VYT('-T>6QE/3-$
M)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O
M;&]R.B,P,#`P,#`[)R`^26YC;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A
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M.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM
M<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ
M<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^
M/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O
M;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@*#@I/"]F;VYT/CPO=&0^
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M;VQO<CHC,#`P,#`P.R<@/B`W/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED
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M($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@S
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M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E!R;W9I<VEO;B`H8F5N969I="D@9F]R
M(&EN8V]M92!T87AE<SPO9F]N=#X\+W1D/CPO='(^/'1R(#X\=&0@<W1Y;&4]
M,T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T
M:#HQ-#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C$T,BXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N
M-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I
M9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U<'0[8F]R
M9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[=&5X="UA
M;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C8N-S5P
M=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P
M+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I
M9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF
M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT
M+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q,RD\+V9O;G0^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HX+C(U<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D
M97(M=&]P+7=I9'1H.C$[=&5X="UA;&EG;CIR:6=H=#MB;W)D97(M8V]L;W(Z
M0FQA8VL[;6EN+7=I9'1H.C@N,C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED
M=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O;&ED.V)O<F1E<BUT;W`M
M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM
M:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY
M.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[
M)R`^(#$Q/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X
M="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E<BUT;W`M
M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG
M:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^
M/'1D('-T>6QE/3-$=VED=&@Z-#@N-S5P=#MB;W)D97(M=&]P+7-T>6QE.G-O
M;&ED.V)O<F1E<BUT;W`M=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE
M/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T
M.V-O;&]R.B,P,#`P,#`[)R`^("@W,"D\+V9O;G0^/"]T9#X\=&0@<W1Y;&4]
M,T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z
M,3DX<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM
M=VED=&@Z,3DX<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/DYE
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M-BXW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M
M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U
M<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N
M.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\
M+W1D/CQT9"!S='EL93TS1'=I9'1H.C@N,C5P=#MT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
M=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C0X+C<U<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L
M;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W
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M9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$Y.'!T.R`^
M/"]T9#X\+W1R/CQT<B`^/'1D(&-O;'-P86X],T0S(')O=W-P86X],T0Q('-T
M>6QE/3-$=VED=&@Z,34U+C(U<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC
M;VQO<CI";&%C:SMM:6XM=VED=&@Z,34U+C(U<'0[(#X\9F]N="!S='EL93TS
M1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC
M;VQO<CHC,#`P,#`P.R<@/D9O<F5I9VX@8W5R<F5N8WD@=')A;G-L871I;VXZ
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M."XW-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L
M:6=N.FQE9G0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@
M/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z,3DX<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z,3DX<'0[(#X\+W1D/CPO
M='(^/'1R(#X\=&0@<W1Y;&4],T1W:61T:#HU+C(U<'0[=&5X="UA;&EG;CIL
M969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-2XR-7!T.R`^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HQ-#(N-7!T.W1E>'0M86QI9VXZ;&5F=#MB
M;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T,BXU<'0[(#X\9F]N="!S
M='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE
M.CAP=#MC;VQO<CHC,#`P,#`P.R<@/E)E86QI>F5D(&=A:6X@*&QO<W,I(&]N
M(&QI<75I9&%T:6]N(&]F(`T*("`@(&9O<F5I9VX@96YT:71Y/"]F;VYT/CPO
M=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU<'0[=&5X="UA;&EG;CIL969T.V)O
M<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU<'0[(#X\+W1D/CQT9"!S
M='EL93TS1'=I9'1H.C8N-S5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED
M.V)O<F1E<BUB;W1T;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E
M<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-BXW-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[
M8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R
M+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4]
M,T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[
M8V]L;W(Z(S`P,#`P,#LG(#X@*#0I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z."XR-7!T.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L
M86-K.VUI;BUW:61T:#HX+C(U<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H
M.C@N,C5P=#MB;W)D97(M8F]T=&]M+7-T>6QE.G-O;&ED.V)O<F1E<BUB;W1T
M;VTM=VED=&@Z,3MT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT
M."XW-7!T.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O
M;2UW:61T:#HQ.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K
M.VUI;BUW:61T:#HT."XW-7!T.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI
M;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P
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M.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z<V]L:60[8F]R9&5R+6)O='1O;2UW:61T:#HQ.W1E>'0M86QI
M9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW:61T:#HT."XW-7!T
M.R`^/&9O;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N
M.V9O;G0M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#X@+3PO9F]N=#X\+W1D
M/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D
M97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y
M;&4],T1W:61T:#HQ.3AP=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O;&]R
M.D)L86-K.VUI;BUW:61T:#HQ.3AP=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T
M<G5M96YT<R!A="!F86ER('9A;'5E#0H@("`@(&%N9"!F;W)E:6=N(&5X8VAA
M;F=E/"]F;VYT/CPO=&0^/"]T<CX\='(@/CQT9"!C;VQS<&%N/3-$,B!R;W=S
M<&%N/3-$,2!S='EL93TS1'=I9'1H.C$T-RXW-7!T.W1E>'0M86QI9VXZ;&5F
M=#MB;W)D97(M8V]L;W(Z0FQA8VL[;6EN+7=I9'1H.C$T-RXW-7!T.R`^/&9O
M;G0@<W1Y;&4],T0G9F]N="UF86UI;'DZ5&EM97,@3F5W(%)O;6%N.V9O;G0M
M<VEZ93HX<'0[8V]L;W(Z(S`P,#`P,#LG(#Y4;W1A;"!R96-L87-S:69I8V%T
M:6]N<R!F;W(@=&AE('!E<FEO9#PO9F]N=#X\+W1D/CQT9"!S='EL93TS1'=I
M9'1H.C<N-7!T.W1E>'0M86QI9VXZ;&5F=#MB;W)D97(M8V]L;W(Z0FQA8VL[
M;6EN+7=I9'1H.C<N-7!T.R`^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HV+C<U
M<'0[8F]R9&5R+71O<"US='EL93IS;VQI9#MB;W)D97(M=&]P+7=I9'1H.C$[
M8F]R9&5R+6)O='1O;2US='EL93ID;W5B;&4[8F]R9&5R+6)O='1O;2UW:61T
M:#HS.W1E>'0M86QI9VXZ<FEG:'0[8F]R9&5R+6-O;&]R.D)L86-K.VUI;BUW
M:61T:#HV+C<U<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE
M<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\
M+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT
M;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T
M;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L
M:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P
M=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA
M;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@Q-RD\+V9O;G0^
M/"]T9#X\=&0@<W1Y;&4],T1W:61T:#HX+C(U<'0[=&5X="UA;&EG;CIL969T
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z."XR-7!T.R`^/"]T9#X\
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M=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T9#X\=&0@<W1Y;&4],T1W
M:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O
M<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB
M;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI"
M;&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT('-T>6QE/3-$)V9O;G0M
M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I>F4Z.'!T.V-O;&]R.B,P
M,#`P,#`[)R`^(#$V/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$=VED=&@Z-RXU
M<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED
M=&@Z-RXU<'0[(#X\+W1D/CQT9"!S='EL93TS1'=I9'1H.C<N-7!T.V)O<F1E
M<BUT;W`M<W1Y;&4Z<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB
M;W1T;VTM<W1Y;&4Z9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT
M+6%L:6=N.G)I9VAT.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-RXU
M<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3I4:6UE<R!.97<@4F]M
M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P.R<@/B0\+V9O;G0^/"]T
M9#X\=&0@<W1Y;&4],T1W:61T:#HT."XW-7!T.V)O<F1E<BUT;W`M<W1Y;&4Z
M<V]L:60[8F]R9&5R+71O<"UW:61T:#HQ.V)O<F1E<BUB;W1T;VTM<W1Y;&4Z
M9&]U8FQE.V)O<F1E<BUB;W1T;VTM=VED=&@Z,SMT97AT+6%L:6=N.G)I9VAT
M.V)O<F1E<BUC;VQO<CI";&%C:SMM:6XM=VED=&@Z-#@N-S5P=#L@/CQF;VYT
M('-T>6QE/3-$)V9O;G0M9F%M:6QY.E1I;65S($YE=R!2;VUA;CMF;VYT+7-I
M>F4Z.'!T.V-O;&]R.B,P,#`P,#`[)R`^("@W,"D\+V9O;G0^/"]T9#X\=&0@
M<W1Y;&4],T1W:61T:#HW+C5P=#MT97AT+6%L:6=N.FQE9G0[8F]R9&5R+6-O
M;&]R.D)L86-K.VUI;BUW:61T:#HW+C5P=#L@/CPO=&0^/'1D('-T>6QE/3-$
M=VED=&@Z,3DX<'0[=&5X="UA;&EG;CIL969T.V)O<F1E<BUC;VQO<CI";&%C
M:SMM:6XM=VED=&@Z,3DX<'0[(#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL
M>3I4:6UE<R!.97<@4F]M86X[9F]N="US:7IE.CAP=#MC;VQO<CHC,#`P,#`P
M.R<@/DYE="!I;F-O;64@*&QO<W,I/"]F;VYT/CPO=&0^/"]T<CX\+W1A8FQE
M/CPO9&EV/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\
M+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A
M<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT
M96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-3$N:'1M;`T*0V]N
M=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N
M=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\
M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E
M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^
M/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^
M+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE
M860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS
M1$E$,$4V1T)'/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/D)U<VEN97-S($1E
M=F5L;W!M96YT<R!!;F0@4FES:W,@06YD(%5N8V5R=&%I;G1I97,@*$YA<G)A
M=&EV92D@*$1E=&%I;"D@*%531"`D*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD
M960\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XP
M($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,CQB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y*86XN(#$S+"`R,#$U/&)R
M/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D)U
M<VEN97-S($%C<75I<VET:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.=6UB97(@;V8@;W!E<F%T
M:6YG('-E9VUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y#;VUM=71E9"!G<F]S<R!I;G-U<F5D(&5X<&]S=7)E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#<L,3`P+#`P,"PP,#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(P+#`P,"PP
M,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`Q,RPT,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4W5B<V5Q=65N=$5V96YT(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M0G5S:6YE<W,@06-Q=6ES:71I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-U='=A=&5R('-A;&4@
M969F96-T:79E(&1A=&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/DIA;B`Q+`T*"0DR,#$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y-8FEA($EN8R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D)U<VEN97-S($%C<75I
M<VET:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y,:7%U:60@87-S971S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT.3@L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U.2PP,#`L,#`P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;6]U
M;G0@<F5L96%S960@9G)O;2!T87@@97-C<F]W(&%C8V]U;G0\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(R,"PP,#`L,#`P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-8FEA($EN8R!;
M365M8F5R72!\(%-U8G-E<75E;G1%=F5N="!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D)U<VEN97-S($%C<75I
M<VET:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y!;6]U;G0@<F5L96%S960@9G)O;2!T87@@97-C
M<F]W(&%C8V]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R
M."PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.871I;VYA;"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D)U<VEN97-S($%C<75I<VET:6]N
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y);7!A:7)M96YT(&]F(')E86P@97-T871E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.2PP,#`L,#`P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$
M:79I9&5N9',@9G)O;2!S=6)S:61I87)I97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(R,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y"86YK($]F($%M97)I8V$@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY"=7-I;F5S<R!!8W%U:7-I=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]M;75T960@9W)O
M<W,@:6YS=7)E9"!E>'!O<W5R93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-RPT,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4V]C:65T92!'96YE<F%L92!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D)U
M<VEN97-S($%C<75I<VET:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VUM=71E9"!G<F]S<R!I
M;G-U<F5D(&5X<&]S=7)E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XD(#0L,C`P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM
M+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E
M9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y
M8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#4R
M+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN
M=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA
M<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U
M:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S
M970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,]
M,T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S
M8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R
M97!O<G0@:60],T1)1#!%-#5!1SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T<F]N9SY"
M=7-I;F5S<R!$979E;&]P;65N=',@06YD(%)I<VMS($%N9"!5;F-E<G1A:6YT
M:65S("A!<W-E=',@06YD($QI86)I;&ET:65S($AE;&0@1F]R(%-A;&4I("A$
M971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I
M<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%S<V5T<R!!;F0@3&EA8FEL:71I97,@
M2&5L9"!&;W(@4V%L92!">2!-86IO<B!#871E9V]R>2!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S
M971S(&AE;&0@9F]R('-A;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@.#`R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`R.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3&EA8FEL:71I97,@:&5L9"!F;W(@<V%L93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S<R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',@
M070@1F%I<B!686QU92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D%S<V5T<R!!;F0@3&EA8FEL:71I97,@2&5L
M9"!&;W(@4V%L92!">2!-86IO<B!#871E9V]R>2!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S971S
M(&AE;&0@9F]R('-A;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y#87-H($%N9"!#87-H($5Q=6EV86QE;G1S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^07-S971S($%N
M9"!,:6%B:6QI=&EE<R!(96QD($9O<B!386QE($)Y($UA:F]R($-A=&5G;W)Y
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!<W-E=',@:&5L9"!F;W(@<V%L93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86-I;&ET>2!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%S<V5T<R!!
M;F0@3&EA8FEL:71I97,@2&5L9"!&;W(@4V%L92!">2!-86IO<B!#871E9V]R
M>2!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^07-S971S(&AE;&0@9F]R('-A;&4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R($%S<V5T<R!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%S
M<V5T<R!!;F0@3&EA8FEL:71I97,@2&5L9"!&;W(@4V%L92!">2!-86IO<B!#
M871E9V]R>2!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^07-S971S(&AE;&0@9F]R('-A;&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87-H(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^07-S971S
M($%N9"!,:6%B:6QI=&EE<R!(96QD($9O<B!386QE($)Y($UA:F]R($-A=&5G
M;W)Y(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y!<W-E=',@:&5L9"!F;W(@<V%L93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;V%N<R!296-E:79A8FQE(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^07-S971S($%N9"!,:6%B:6QI=&EE<R!(96QD($9O<B!386QE($)Y($UA
M:F]R($-A=&5G;W)Y(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-E=',@:&5L9"!F;W(@<V%L93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S$Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(@3&EA
M8FEL:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY!<W-E=',@06YD($QI86)I;&ET:65S($AE;&0@1F]R
M(%-A;&4@0GD@36%J;W(@0V%T96=O<GD@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQI86)I;&ET:65S
M(&AE;&0@9F]R('-A;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5F%R:6%B;&4@26YT97)E<W0@16YT:71I97,@3F]T97,@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!
M<W-E=',@06YD($QI86)I;&ET:65S($AE;&0@1F]R(%-A;&4@0GD@36%J;W(@
M0V%T96=O<GD@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DQI86)I;&ET:65S(&AE;&0@9F]R('-A;&4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0S,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!A>6%B;&4@
M1F]R($QO86YS(%!U<F-H87-E9"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%S<V5T<R!!;F0@3&EA8FEL:71I
M97,@2&5L9"!&;W(@4V%L92!">2!-86IO<B!#871E9V]R>2!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3&EA8FEL:71I97,@:&5L9"!F;W(@<V%L93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`S,C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM
M+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V
M965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E
M=#4S+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP
M<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U
M<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M
M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H
M87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S
M<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO
M/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,]
M,T1R97!O<G0@:60],T1)1#!%0DU!0SX-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N
M9SY3:6=N:69I8V%N="!!8V-O=6YT:6YG(%!O;&EC:65S("A5<V5F=6P@3&EV
M97,@3V8@16%C:"!#;&%S<R!/9B!!<W-E=',I("A$971A:6QS*2`H5V5I9VAT
M960@079E<F%G92!;365M8F5R72D\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DQE87-E:&]L9"!);7!R;W9E;65N=',@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY0
M<F]P97)T>2!0;&%N="!!;F0@17%U:7!M96YT(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]P97)T
M>2!0;&%N="!!;F0@17%U:7!M96YT(%5S969U;"!,:69E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#XQ-2!Y96%R<R`P(&UO;G1H<R`P(&1A>7,\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9U<FYI='5R92!!;F0@1FEX='5R97,@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY0<F]P97)T>2!0;&%N="!!
M;F0@17%U:7!M96YT(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]P97)T>2!0;&%N="!!;F0@17%U
M:7!M96YT(%5S969U;"!,:69E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#XV('EE87)S(#`@;6]N=&AS(#`@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^17%U:7!M96YT($%N9"!3
M;V9T=V%R92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/E!R;W!E<G1Y(%!L86YT($%N9"!%<75I<&UE;G0@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E!R;W!E<G1Y(%!L86YT($%N9"!%<75I<&UE;G0@57-E9G5L($QI
M9F4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/C0@>65A<G,@,"!M
M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].
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M#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$
M0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T
M9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO
M=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T
M/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T
M(&ED/3-$240P14M-044^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^5F%R:6%B
M;&4@26YT97)E<W0@16YT:71I97,@*$YA<G)A=&EV92D@*$1E=&%I;"D@*%53
M1"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I
M960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS
M<&%N/3-$,3XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:"!C;VQS<&%N/3-$,3X\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB
M<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S
M/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%R<GEI;F<@
M86UO=6YT<R!O9B!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@-2PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#4L-C`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y#87)R>6EN9R!A;6]U;G1S(&]F(&QI86)I
M;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#@P,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4L
M,S`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y.=6UB97(@;V8@=F%R:6%B;&4@:6YT97)E<W0@96YT:71I97,@8V]N
M<V]L:61A=&5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3F5T(')E86QI>F5D(&=A:6YS("AL;W-S97,I(')E;&%T960@=&\@=&AE(&EN
M:71I86P@8V]N<V]L:61A=&EO;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D%D=FES;W)Y(%-E<G9I8V5S(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5F%R:6%B;&4@26YT
M97)E<W0@16YT:71Y(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87)R>6EN9R!A;6]U;G1S(&]F(&%S
M<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S4Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87)R
M>6EN9R!A;6]U;G1S(&]F(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XW-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0
M<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=('P@0V]L;&%T97)A;"!,;V%N
M($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);G9E<W1M96YT<R!C87)R:65D(&%T(&9A:7(@=F%L=64\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\
M+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E
M7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O
M+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K
M<VAE971S+U-H965T-34N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN
M9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[
M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@
M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E
M>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J
M879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES
M($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT
M86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$595T-)/@T*("`@("`@/'1R
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N
M/3-$,3X\<W1R;VYG/E9A<FEA8FQE($EN=&5R97-T($5N=&ET:65S("A3=6UM
M87)Y($]F($YO;F-O;G-O;&ED871E9"!6245S($%S<V5T<R!!;F0@3&EA8FEL
M:71I97,I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S
M<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N
M(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E
M8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y0<F5M:75M<R!R96-E:79A8FQE/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#@W-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,2PP-3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#$L,C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&QI86)I;&ET:65S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#8\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ+#(P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0V]L;&%T97)A;&EZ960@1&5B="!/8FQI9V%T:6]N<R!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5DE%($%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^."PV,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ,BPU-C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUA>&EM
M=6T@17AP;W-U<F4@=&\@3&]S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-2PV,C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW+#8Y
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S
M=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R96UI=6US
M(')E8V5I=F%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(T
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y5;F5A<FYE9"!P<F5M:75M(')E=F5N=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XS-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP
M96YS92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`R/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S1=/"]S=7`^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#@\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-%T\+W-U
M<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5S:61E;G1I
M86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY687)I86)L92!);G1E<F5S="!%;G1I='D@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E9)12!!<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$T+#$S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q
M+#<S.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36%X:6UU;2!%
M>'!O<W5R92!T;R!,;W-S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XW+#0U.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDL,C4Q/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')E;6EU;7,@<F5C96EV
M86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4S/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=
M/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R
M86YC92!L;W-S(')E8V]V97)A8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XU,3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/'-U<#Y;-5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8U.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELU73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!P<F5M:75M(')E=F5N=64\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D
M:G5S=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S`W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S9=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XS,C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D1E<FEV871I=F4@;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;-%T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M0V]M;65R8VEA;"!-;W)T9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5DE%($%S<V5T<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-3<Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,2PS-C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUA>&EM
M=6T@17AP;W-U<F4@=&\@3&]S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C<Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#0W/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5M:75M<R!R96-E:79A
M8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S
M=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S
M=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D
M('!R96UI=6T@<F5V96YU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y#;VYS=6UE<B!!<W-E="!"86-K960@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY687)I86)L92!);G1E<F5S="!%;G1I='D@6TQI;F4@271E;7-=/"]S=')O
M;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E9)12!!<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C8L,#`X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-RPX,S`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUA>&EM=6T@17AP;W-U
M<F4@=&\@3&]S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PY
M.#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#<T,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4')E;6EU;7,@<F5C96EV86)L93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D('!R96UI=6T@<F5V96YU93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@86YD(&QO
M<W,@861J=7-T;65N="!E>'!E;G-E(')E<V5R=F5S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELV73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D-O<G!O<F%T92!!<W-E="!"86-K960@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY687)I86)L92!);G1E<F5S="!%;G1I='D@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E9)12!!<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C8L-C$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,L
M,#(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-87AI;75M($5X
M<&]S=7)E('1O($QO<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C0L-C`X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-RPR-#@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G1S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E!R96UI=6US(')E8V5I=F%B;&4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XX,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@;&]S<R!R96-O=F5R
M86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELU73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-5T\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YE87)N
M960@<')E;6EU;2!R979E;G5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XT-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^.38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1VQO8F%L(%-T<G5C='5R960@1FEN86YC92!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5DE%($%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S4L.30P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-38L-3(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-87AI
M;75M($5X<&]S=7)E('1O($QO<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$Y+#DU.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(W
M+#,W.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N
M=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q.3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=
M/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R96UI
M=6US(')E8V5I=F%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$R,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3DV/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DEN<W5R86YC92!L;W-S(')E8V]V97)A8FQE/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XU,C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-5T\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C8W-CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELU73PO<W5P/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!P<F5M:75M(')E
M=F5N=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS
M73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`T/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^
M6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO
M<W,@86YD(&QO<W,@861J=7-T;65N="!E>'!E;G-E(')E<V5R=F5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS.#D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-ET\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,V,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S1=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3,\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-%T\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1VQO8F%L(%!U8FQI
M8R!&:6YA;F-E(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y6244@07-S971S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT.2PV.#8\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,BPS,3<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DUA>&EM=6T@17AP;W-U<F4@=&\@3&]S<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38L-CDX/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C`L,38R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y0<F5M:75M<R!R96-E:79A8FQE/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ-SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(P-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!P<F5M:75M(')E=F5N
M=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0X/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=
M/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@
M86YD(&QO<W,@861J=7-T;65N="!E>'!E;G-E(')E<V5R=F5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XU/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!);G-U<F%N8V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY687)I86)L92!);G1E
M<F5S="!%;G1I='D@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9)12!!<W-E
M=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@U+#8R-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P."PX-#4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DUA>&EM=6T@17AP;W-U<F4@=&\@3&]S<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S8L-C4V/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-#<L-30Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3$Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ-#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4')E;6EU;7,@<F5C96EV86)L93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S`R/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,#(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&QO<W,@
M<F5C;W9E<F%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4R
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELU73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-C<V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S5=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E5N96%R;F5D('!R96UI=6T@<F5V96YU93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,S,R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT-3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<R!A;F0@;&]S<R!A9&IU<W1M96YT
M(&5X<&5N<V4@<F5S97)V97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,X.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\<W5P/ELV73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,S8V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I
M=F%T:79E(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#$P,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\<W5P/ELT73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`Q,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;-%T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<CX-"B`@("`@("`@/'1D(&-O;'-P86X],T0V/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-
M"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,5T\+W1D/@T*("`@("`@("`\
M=&0@8V]L<W!A;CTS1#4@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,],T1H='1P
M.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/E)E<&]R=&5D('=I=&AI;B!);G9E
M<W1M96YT<R!O;B!-0DE!)W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@<VAE971S
M+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,ET\
M+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#4@=F%L:6=N/3-$=&]P/CQD
M:78@>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/E)E<&]R
M=&5D('=I=&AI;B!0<F5M:75M<R!R96-E:79A8FQE(&]N($U"24$G<R!C;VYS
M;VQI9&%T960@8F%L86YC92!S:&5E=',N/"]D:78^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@
M("`\=&0@=F%L:6=N/3-$=&]P/ELS73PO=&0^#0H@("`@("`@(#QT9"!C;VQS
M<&%N/3-$-2!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N
M=S,N;W)G+S$Y.3DO>&AT;6P^4F5P;W)T960@=VET:&EN(%5N96%R;F5D('!R
M96UI=6T@<F5V96YU92!O;B!-0DE!)W,@8V]N<V]L:61A=&5D(&)A;&%N8V4@
M<VAE971S+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O
M<#Y;-%T\+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#4@=F%L:6=N/3-$
M=&]P/CQD:78@>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL
M/E)E<&]R=&5D('=I=&AI;B!$97)I=F%T:79E(&QI86)I;&ET:65S(&]N($U"
M24$G<R!C;VYS;VQI9&%T960@8F%L86YC92!S:&5E=',N/"]D:78^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E
M/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELU73PO=&0^#0H@("`@("`@
M(#QT9"!C;VQS<&%N/3-$-2!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT
M='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^4F5P;W)T960@=VET:&EN($EN
M<W5R86YC92!L;W-S(')E8V]V97)A8FQE(&]N($U"24$G<R!C;VYS;VQI9&%T
M960@8F%L86YC92!S:&5E=',N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@
M=F%L:6=N/3-$=&]P/ELV73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$
M-2!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G
M+S$Y.3DO>&AT;6P^4F5P;W)T960@=VET:&EN($QO<W,@86YD(&QO<W,@861J
M=7-T;65N="!E>'!E;G-E(')E<V5R=F5S(&]N($U"24$G<R!C;VYS;VQI9&%T
M960@8F%L86YC92!S:&5E=',N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE
M>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*
M0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D
M,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#4V+FAT;6P-
M"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-
M"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-
M"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#
M;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F
M+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W
M+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^
M/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@
M:60],T1)1#!%6$I!0SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY);G-U<F%N
M8V4@4')E;6EU;7,@*$YA<G)A=&EV92D@*$1E=&%I;"D@*%531"`D*3QB<CY)
M;B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T<F]N
M9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CXQ
M,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C
M;VQS<&%N/3-$,3X\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3(\8G(^/"]T
M:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^26YS=7)A
M;F-E(%!R96UI=6US(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4')E;6EU;7,@<F5C96EV86)L93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`X-S4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L,#4Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q+#(R
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5V5I9VAT960@879E<F%G92!R:7-K+69R964@<F%T93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,BXX,"4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+CDP)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V5I9VAT960@879E
M<F%G92!E>'!E8W1E9"!C;VQL96-T:6]N('1E<FT@;V8@=&AE('!R96UI=6US
M(')E8V5I=F%B;&4L('EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#XY('EE87)S(#(@;6]N=&AS(#0@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CD@>65A<G,@,B!M;VYT:',@
M,34@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F5I;G-U<F%N8V4@<')E;6EU;7,@<&%Y86)L93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-3$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*
M/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO
M+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R
M:W-H965T<R]3:&5E=#4W+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I
M;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL
M.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@
M(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T
M97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O
M:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI
M<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\
M=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%1DQ!0SX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A
M;CTS1#(^/'-T<F]N9SY);G-U<F%N8V4@4')E;6EU;7,@*%)O;&P@1F]R=V%R
M9"!/9B!0<F5M:75M<R!296-E:79A8FQE*2`H1&5T86EL*2`H55-$("0I/&)R
M/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R
M;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0S
M/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q
M+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@
M,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^26YS=7)A;F-E(%!R96UI=6US(%M!8G-T<F%C=%T\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4')E;6EU;7,@4F5C96EV86)L92P@0F5G
M:6YN:6YG(&)A;&%N8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,2PP-3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L,C(X
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y0<F5M:75M(%!A>6UE;G1S(%)E8V5I=F5D/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q,C`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,3,U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4')E;6EU;7,@9G)O;2!.97<@0G5S:6YE<W,@5W)I='1E;CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D%D:G5S=&UE;G1S+"!#:&%N9V5S(&EN($5X
M<&5C=&5D(%1E<FT@;V8@4&]L:6-I97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#4P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0U
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^061J=7-T;65N=',L($%C8W)E=&EO;B!O9B!0<F5M:75M<R!296-E:79A
M8FQE($1I<V-O=6YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!9&IU<W1M96YT
M<RP@3W1H97(\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,X*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C4I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y0<F5M:75M<R!296-E:79A8FQE+"!%;F1I;F<@8F%L86YC93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`X-S4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$L,#4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#0^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O
M;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@
M("`@("`@(#QT9"!C;VQS<&%N/3-$,R!V86QI9VX],T1T;W`^/&1I=B!X;6QN
M<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^4')I;6%R:6QY(&-O
M;G-I<W1S(&]F('5N<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@9'5E('1O(&9O
M<F5I9VX@8W5R<F5N8WD@97AC:&%N9V4@<F%T97,N/"]D:78^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*
M#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y
M-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X
M9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3
M:&5E=#4X+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E
M9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T
M/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT
M='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[
M(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP
M="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT
M("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA
M<W,],T1R97!O<G0@:60],T1)1#!%3TU!0SX-"B`@("`@(#QT<CX-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T
M<F]N9SY);G-U<F%N8V4@4')E;6EU;7,@*%5N9&ES8V]U;G1E9"!&=71U<F4@
M06UO=6YT($]F(%!R96UI=6US($5X<&5C=&5D(%1O($)E($-O;&QE8W1E9"!!
M;F0@4&5R:6]D(%=H:6-H(%1H;W-E($-O;&QE8W1I;VYS($%R92!%>'!E8W1E
M9"!4;R!/8V-U<BD@*$1E=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@
M=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC92!0
M<F5M:75M<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1H<F5E(&UO;G1H<R!E;F1E9"P@36%R8V@@,S$L
M(#(P,34L($5X<&5C=&5D($-O;&QE8W1I;VX@;V8@4')E;6EU;7,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H<F5E(&UO;G1H<R!E
M;F1E9"P@2G5N92`S,"P@,C`Q-2P@17AP96-T960@0V]L;&5C=&EO;B!O9B!0
M<F5M:75M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H
M<F5E(&UO;G1H<R!E;F1E9"P@4V5P=&5M8F5R(#,P+"`R,#$U+"!%>'!E8W1E
M9"!#;VQL96-T:6]N(&]F(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&AR964@;6]N=&AS(&5N9&5D+"!$96-E;6)E<B`S
M,2P@,C`Q-2P@17AP96-T960@0V]L;&5C=&EO;B!O9B!0<F5M:75M<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1W96QV92!M;VYT:',@
M96YD960L($1E8V5M8F5R(#,Q+"`R,#$V+"!%>'!E8W1E9"!#;VQL96-T:6]N
M(&]F(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5'=E;'9E(&UO;G1H<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,3<L($5X
M<&5C=&5D($-O;&QE8W1I;VX@;V8@4')E;6EU;7,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C@S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y4=V5L=F4@;6]N=&AS(&5N9&5D+"!$96-E
M;6)E<B`S,2P@,C`Q."P@17AP96-T960@0V]L;&5C=&EO;B!O9B!0<F5M:75M
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1W96QV92!M
M;VYT:',@96YD960L($1E8V5M8F5R(#,Q+"`R,#$Y+"!%>'!E8W1E9"!#;VQL
M96-T:6]N(&]F(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XV.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1FEV92!Y96%R<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,C0L
M($5X<&5C=&5D($-O;&QE8W1I;VX@;V8@4')E;6EU;7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(X,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEV92!Y96%R<R!E;F1E9"P@1&5C
M96UB97(@,S$L(#(P,CDL($5X<&5C=&5D($-O;&QE8W1I;VX@;V8@4')E;6EU
M;7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(P-#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEV92!Y
M96%R<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,S0@86YD('1H97)E869T97(L
M($5X<&5C=&5D($-O;&QE8W1I;VX@;V8@4')E;6EU;7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(Q,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L+"!%>'!E8W1E9"!#;VQL
M96-T:6]N(&]F(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#$L,3$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].
M97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-
M"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T
M9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970U.2YH=&UL
M#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE
M#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB
M#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$
M0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T
M9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO
M=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T
M/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T
M(&ED/3-$240P15=:0DD^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0Q/CQS=')O;F<^26YS=7)A
M;F-E(%!R96UI=6US("A5;F5A<FYE9"!0<F5M:75M(%)E=F5N=64@0F%L86YC
M92!!;F0@1G5T=7)E($5X<&5C=&5D($5A<FYI;F=S*2`H1&5T86EL*2`H55-$
M("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE
M9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@
M,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^26YS=7)A;F-E(%!R96UI=6US(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4:')E92!M
M;VYT:',@96YD960L($UA<F-H(#,Q+"`R,#$U+"!4;W1A;"!%>'!E8W1E9"!&
M=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`U.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&AR964@;6]N=&AS(&5N9&5D+"!*=6YE(#,P+"`R
M,#$U+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3<\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H<F5E(&UO;G1H
M<R!E;F1E9"P@4V5P=&5M8F5R(#,P+"`R,#$U+"!4;W1A;"!%>'!E8W1E9"!&
M=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E1H<F5E(&UO;G1H<R!E;F1E9"P@1&5C96UB97(@,S$L
M(#(P,34L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5'=E;'9E(&UO
M;G1H<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,38L(%1O=&%L($5X<&5C=&5D
M($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR,#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1W96QV92!M;VYT:',@96YD960L($1E8V5M8F5R
M(#,Q+"`R,#$W+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N
M:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@W/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4=V5L
M=F4@;6]N=&AS(&5N9&5D+"!$96-E;6)E<B`S,2P@,C`Q."P@5&]T86P@17AP
M96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$V.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5'=E;'9E(&UO;G1H<R!E;F1E9"P@1&5C
M96UB97(@,S$L(#(P,3DL(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M
M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-34\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9I=F4@>65A<G,@96YD960L($1E8V5M8F5R(#,Q+"`R,#(T+"!4;W1A;"!%
M>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-3DY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:79E('EE87)S(&5N9&5D+"!$96-E
M;6)E<B`S,2P@,C`R.2P@5&]T86P@17AP96-T960@1G5T=7)E(%!R96UI=6T@
M16%R;FEN9W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,V,CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1FEV92!Y96%R<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,S0@86YD('1H97)E
M869T97(L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,C,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!%
M>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,BPR,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D(%!R96UI=6T@4F5V
M96YU92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/DEN<W5R86YC92!0<F5M:75M<R!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YE87)N
M960@4')E;6EU;7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L
M.3@V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y5;F5A<FYE9"!0<F5M:75M(%)E=F5N=64@6TUE;6)E<ET@?"!-87)C
M:"!4:&ER='D@3VYE(%1W;R!4:&]U<V%N9"!&:69E=&5E;B!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R
M86YC92!0<F5M:75M<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YE87)N960@4')E;6EU;7,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L.3,T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0
M<F5M:75M(%)E=F5N=64@6TUE;6)E<ET@?"!*=6YE(%1H:7)T>2!4=V\@5&AO
M=7-A;F0@1FEF971E96X@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY);G-U<F%N8V4@4')E;6EU;7,@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E5N96%R;F5D(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ+#@X,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^56YE87)N960@4')E;6EU;2!2979E;G5E(%M-96UB
M97)=('P@4V5P=&5M8F5R(%1H:7)T>2!4=V\@5&AO=7-A;F0@1FEF971E96X@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY);G-U<F%N8V4@4')E;6EU;7,@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D(%!R
M96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#@S-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M56YE87)N960@4')E;6EU;2!2979E;G5E(%M-96UB97)=('P@1&5C96UB97(@
M5&AI<G1Y($]N92!4=V\@5&AO=7-A;F0@1FEF971E96X@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY);G-U<F%N
M8V4@4')E;6EU;7,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D(%!R96UI=6US/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#<X-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YE87)N960@4')E
M;6EU;2!2979E;G5E(%M-96UB97)=('P@1&5C96UB97(@5&AI<G1Y($]N92!4
M=V\@5&AO=7-A;F0@4VEX=&5E;B!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC92!0<F5M:75M<R!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^56YE87)N960@4')E;6EU;7,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L-C`S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0<F5M:75M(%)E=F5N=64@
M6TUE;6)E<ET@?"!$96-E;6)E<B!4:&ER='D@3VYE(%1W;R!4:&]U<V%N9"!3
M979E;G1E96X@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY);G-U<F%N8V4@4')E;6EU;7,@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N
M96%R;F5D(%!R96UI=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ+#0S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^56YE87)N960@4')E;6EU;2!2979E;G5E(%M-96UB97)=('P@
M1&5C96UB97(@5&AI<G1Y($]N92!4=V\@5&AO=7-A;F0@16EG:'1E96X@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY);G-U<F%N8V4@4')E;6EU;7,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D(%!R96UI
M=6US/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(X-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YE
M87)N960@4')E;6EU;2!2979E;G5E(%M-96UB97)=('P@1&5C96UB97(@5&AI
M<G1Y($]N92!4=V\@5&AO=7-A;F0@5'=E;G1Y($YI;F5T965N(%M-96UB97)=
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^26YS=7)A;F-E(%!R96UI=6US(%M,:6YE($ET96US73PO<W1R;VYG
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0
M<F5M:75M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ-#@\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E5N96%R;F5D(%!R96UI=6T@4F5V96YU92!;365M8F5R72!\($1E8V5M8F5R
M(%1H:7)T>2!/;F4@5'=O(%1H;W5S86YD(%1W96YT>2!&;W5R(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^26YS
M=7)A;F-E(%!R96UI=6US(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0<F5M:75M<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C$S/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0
M<F5M:75M(%)E=F5N=64@6TUE;6)E<ET@?"!$96-E;6)E<B!4:&ER='D@3VYE
M(%1W;R!4:&]U<V%N9"!4=V5N='D@3FEN95M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^26YS=7)A;F-E(%!R96UI
M=6US(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0<F5M:75M<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C@X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!0<F5M:75M(%)E=F5N
M=64@6TUE;6)E<ET@?"!$96-E;6)E<B!4:&ER='D@3VYE(%1W;R!4:&]U<V%N
M9"!4:&ER='D@1F]U<B!!;F0@5&AE<F5A9G1E<B!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC92!0
M<F5M:75M<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^56YE87)N960@4')E;6EU;7,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5P9G)O;G0@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY);G-U<F%N
M8V4@4')E;6EU;7,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H<F5E(&UO;G1H<R!E;F1E9"P@36%R
M8V@@,S$L(#(P,34L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A
M<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&AR
M964@;6]N=&AS(&5N9&5D+"!*=6YE(#,P+"`R,#$U+"!4;W1A;"!%>'!E8W1E
M9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1H<F5E(&UO;G1H<R!E;F1E9"P@4V5P=&5M8F5R
M(#,P+"`R,#$U+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N
M:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H<F5E
M(&UO;G1H<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,34L(%1O=&%L($5X<&5C
M=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5'=E;'9E(&UO;G1H<R!E;F1E9"P@1&5C96UB
M97(@,S$L(#(P,38L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A
M<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1W
M96QV92!M;VYT:',@96YD960L($1E8V5M8F5R(#,Q+"`R,#$W+"!4;W1A;"!%
M>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1W96QV92!M;VYT:',@96YD960L($1E
M8V5M8F5R(#,Q+"`R,#$X+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU
M;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E1W96QV92!M;VYT:',@96YD960L($1E8V5M8F5R(#,Q+"`R,#$Y+"!4;W1A
M;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-S@\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I=F4@>65A<G,@96YD960L($1E
M8V5M8F5R(#,Q+"`R,#(T+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU
M;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CDT
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&:79E('EE87)S(&5N9&5D+"!$96-E;6)E<B`S,2P@,C`R.2P@5&]T86P@
M17AP96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$W,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEV92!Y96%R<R!E;F1E9"P@1&5C
M96UB97(@,S$L(#(P,S0@86YD('1H97)E869T97(L(%1O=&%L($5X<&5C=&5D
M($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ-#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU
M;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PP
M.#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DEN<W1A;&QM96YT<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC92!0<F5M:75M<R!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5&AR964@;6]N=&AS(&5N9&5D+"!-87)C:"`S,2P@,C`Q-2P@5&]T
M86P@17AP96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4:')E92!M;VYT:',@96YD960L
M($IU;F4@,S`L(#(P,34L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M
M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&AR964@;6]N=&AS(&5N9&5D+"!397!T96UB97(@,S`L(#(P,34L(%1O=&%L
M($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&AR964@;6]N=&AS(&5N9&5D+"!$
M96-E;6)E<B`S,2P@,C`Q-2P@5&]T86P@17AP96-T960@1G5T=7)E(%!R96UI
M=6T@16%R;FEN9W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4=V5L=F4@;6]N=&AS(&5N9&5D+"!$96-E;6)E<B`S,2P@,C`Q-BP@5&]T
M86P@17AP96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C@Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4=V5L=F4@;6]N=&AS(&5N9&5D
M+"!$96-E;6)E<B`S,2P@,C`Q-RP@5&]T86P@17AP96-T960@1G5T=7)E(%!R
M96UI=6T@16%R;FEN9W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C<T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4=V5L=F4@;6]N=&AS(&5N9&5D+"!$96-E;6)E<B`S,2P@,C`Q."P@
M5&]T86P@17AP96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8U/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4=V5L=F4@;6]N=&AS(&5N
M9&5D+"!$96-E;6)E<B`S,2P@,C`Q.2P@5&]T86P@17AP96-T960@1G5T=7)E
M(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C8P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&:79E('EE87)S(&5N9&5D+"!$96-E;6)E<B`S,2P@,C`R-"P@
M5&]T86P@17AP96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(T,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEV92!Y96%R<R!E;F1E
M9"P@1&5C96UB97(@,S$L(#(P,CDL(%1O=&%L($5X<&5C=&5D($9U='5R92!0
M<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9I=F4@>65A<G,@96YD960L($1E8V5M8F5R(#,Q+"`R,#,T(&%N
M9"!T:&5R96%F=&5R+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%
M87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@17AP96-T960@1G5T=7)E(%!R96UI=6T@16%R;FEN9W,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDP,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06-C<F5T:6]N(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M26YS=7)A;F-E(%!R96UI=6US(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4:')E92!M;VYT:',@96YD
M960L($UA<F-H(#,Q+"`R,#$U+"!4;W1A;"!%>'!E8W1E9"!&=71U<F4@4')E
M;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5&AR964@;6]N=&AS(&5N9&5D+"!*=6YE(#,P+"`R,#$U+"!4;W1A;"!%
M>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5&AR964@;6]N=&AS(&5N9&5D+"!397!T
M96UB97(@,S`L(#(P,34L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M
M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4
M:')E92!M;VYT:',@96YD960L($1E8V5M8F5R(#,Q+"`R,#$U+"!4;W1A;"!%
M>'!E8W1E9"!&=71U<F4@4')E;6EU;2!%87)N:6YG<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5'=E;'9E(&UO;G1H<R!E;F1E9"P@1&5C
M96UB97(@,S$L(#(P,38L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M
M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5'=E;'9E(&UO;G1H<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,3<L(%1O=&%L
M($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5'=E;'9E(&UO;G1H<R!E;F1E9"P@
M1&5C96UB97(@,S$L(#(P,3@L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M
M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5'=E;'9E(&UO;G1H<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,3DL(%1O
M=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEV92!Y96%R<R!E;F1E9"P@
M1&5C96UB97(@,S$L(#(P,C0L(%1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M
M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1FEV92!Y96%R<R!E;F1E9"P@1&5C96UB97(@,S$L(#(P,CDL(%1O=&%L
M($5X<&5C=&5D($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XS-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEV92!Y96%R<R!E;F1E9"P@1&5C
M96UB97(@,S$L(#(P,S0@86YD('1H97)E869T97(L(%1O=&%L($5X<&5C=&5D
M($9U='5R92!0<F5M:75M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1O=&%L($5X<&5C=&5D($9U='5R92!0<F5M:75M
M($5A<FYI;F=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(S
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE
M/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E
M.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO
M8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y
M-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-C`N:'1M;`T*0V]N=&5N="U4
M<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4
M>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-
M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP
M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP
M="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@
M3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@
M(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5+
M2$=+/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS
M<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DQO<W,@06YD($QO<W,@061J
M=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S("A234)3(%)E<V5R=F5S*2`H3F%R
M<F%T:79E*2`H1&5T86EL*2`H55-$("0I/&)R/CPO<W1R;VYG/CPO=&@^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0V/C$R($UO;G1H<R!%
M;F1E9#PO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q
M/C8@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@
M8V]L<W!A;CTS1#$^,"!-;VYT:',@16YD960\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$,3XQ."!-;VYT:',@16YD960\+W1H/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$S/&)R
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3(\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^3F]V+B`S,"P@,C`Q
M-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y-87D@,S$L(#(P
M,34\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q-3QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y-87D@,S$L
M(#(P,38\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V
M97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-C:&5D=6QE($]F($EN<W5R
M960@1FEN86YC:6%L($]B;&EG871I;VYS(%=I=&@@0W)E9&ET($1E=&5R:6]R
M871I;VX@26YS=7)E9"!#;VYT<F%C='5A;"!087EM96YT<R!/=71S=&%N9&EN
M9R!0<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,3$L,C8S+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,30L,C8T+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&]L:6-Y:&]L9&5R("A"
M96YE9FET<RD@06YD($-L86EM<R!);F-U<G)E9"!.970\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$S,RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3$W+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S($%N9"!,864@4F5S97)V97,@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@
M17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S
M<R!A;F0@;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@<F5S97)V97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P-BPP,#`L,#`P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-C0Q+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XX-3,L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^17AP96-T960@<F5C;W9E
M<FEE<R!O9B!F=71U<F4@<&%Y;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$T-RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C`V+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D-L87-S:69I960@6TUE;6)E<ET@?"!,;W-S($%N9"!,864@4F5S97)V
M97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE
M;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3&]S<R!A;F0@;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@<F5S97)V97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P-BPP,#`L,#`P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C0Q+#`P,"PP,#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I<G-T($QI96X@4B!-($(@4R!297-E
M<G9E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T
M;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XY,"L@9&%Y(')O;&P@<F%T92!T;R!L;W-S('-E="!S=')E<W,@<V-E;F%R
M:6\\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/CDP+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1FER<W0@3&EE;B!2($T@0B!3(%)E<V5R=F5S(%M-96UB
M97)=('P@3&]S<R!!;F0@3&%E(%)E<V5R=F5S(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V97,@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@86YD(&QO<W,@861J=7-T
M;65N="!E>'!E;G-E(')E<V5R=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR-C,L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(T,2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&:7)S="!,:65N(%(@32!"(%,@4F5S97)V97,@6TUE;6)E<ET@?"!687)I
M86)L92!);G1E<F5S="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E
M;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N
M9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y&:7)S="!,:65N(%(@32!"(%,@4F5S97)V97,@6TUE;6)E
M<ET@?"!!3%0M02!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@
M061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y097)C96YT86=E(&]F(')O;&P@=&\@;&]S<R!A9G1E<B!D96-L
M:6YI;F<@;W9E<B!A(#(T+6UO;G1H('!E<FEO9#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C4N,#`E/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:7)S="!,
M:65N(%(@32!"(%,@4F5S97)V97,@6TUE;6)E<ET@?"!&;W)E8VQO<W5R92!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%
M>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-U
M;65D(')O;&P@<F%T92!F;W(@;&]A;G,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDP+C`P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FER<W0@3&EE;B!2
M($T@0B!3(%)E<V5R=F5S(%M-96UB97)=('P@4F5A;"!%<W1A=&4@3W=N960@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@
M17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S
M=6UE9"!R;VQL(')A=&4@9F]R(&QO86YS/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,"XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I<G-T($QI96X@
M4B!-($(@4R!297-E<G9E<R!;365M8F5R72!\($)A;FMR=7!T8WD@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS
M92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S=6UE9"!R
M;VQL(')A=&4@9F]R(&QO86YS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XW-2XP,"4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)M8G,@06YD($AE;&]C($%N
M9"!#97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S
M=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^07-S=6UE9"!R;VQL(')A=&4@9F]R(&YI;F5T>2!P;'5S(&1A>2!D96QI
M;G%U96YT(&QO86YS(&5X8VQU9&EN9R!F;W)E8VQO<W5R92!A;F0@<F5A;"!E
M<W1A=&4@;W=N960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/CDU+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4&5R:6]D(&]F(&5L979A=&5D(&1E;&EN
M<75E;F-Y(&%N9"!L;W-S(&9O<B!B87-E(&-A<V4L(&)E9VEN;FEN9RP@;6]N
M=&AS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XV/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y097)C96YT86=E(&]F(&QO86YS(&EN(#,P+34Y(&1A>7,@9&5L
M:6YQ=65N="!B=6-K970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&5R8V5N=&%G92!O9B!L;V%N<R!C
M:&%R9V5D+6]F9CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S`N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y097)C96YT86=E(&]F($-U<G)E;G0@4F]L
M;"!T;R!,;W-S(&9O<B!T:&4@=')A;G-A8W1I;VX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,N,#`E/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!9&1I=&EO
M;B!T;R!C87-E(&)A<VES(')E<V5R=F5S(&EF(&QO<W-E<R!R96UA:6X@870@
M<&5A:R!L979E;',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0U
M+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)M8G,@06YD($AE;&]C($%N9"!#
M97,@6TUE;6)E<ET@?"!38V5N87)I;R!&;W)E8V%S="!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R
M=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$96-R96%S92!I;B!P97)C
M96YT86=E(&]F($-U<G)E;G0@4F]L;"!T;R!,;W-S(&9O<B!T<F%N<V%C=&EO
M;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C4N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y#=7)R96YT(%)O;&P@=&\@3&]S<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XP,"4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)M8G,@
M06YD($AE;&]C($%N9"!#97,@6TUE;6)E<ET@?"!38V5N87)I;R!&;W)E8V%S
M="!;365M8F5R72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S
M($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4&5R:6]D($]F($-U<G)E;G0@4F]L;"!4;R!,
M;W-S($9O<B!3=')E<W,@0V%S92!!9&1I=&EO;F%L($UO;G1H<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4FUB
M<R!!;F0@2&5L;V,@06YD($-E<R!;365M8F5R72!\(%-C96YA<FEO($9O<F5C
M87-T(%M-96UB97)=('P@36%X:6UU;2!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO
M<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y097)I;V0@3V8@0W5R<F5N="!2;VQL(%1O
M($QO<W,@1F]R(%-T<F5S<R!#87-E($%D9&ET:6]N86P@36]N=&AS/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4FUB<R!!;F0@2&5L;V,@06YD($-E<R!;365M8F5R72!\(%-C96YA<FEO($9O
M<F5C87-T(%M-96UB97)=('P@4F%T92!2961U8W1I;VX@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E
M<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5C<F5A<V4@:6X@<&5R
M8V5N=&%G92!O9B!#=7)R96YT(%)O;&P@=&\@3&]S<R!F;W(@=')A;G-A8W1I
M;VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`N-S4E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y2;6)S($%N9"!(96QO8R!!;F0@0V5S(%M-96UB97)=('P@
M17AC97-S(%-P<F5A9"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO
M<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y);G-U<F%N8V4@;&]S<R!R96-O=F5R86)L93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#DV+#`P,"PP,#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XV-#<L,#`P+#`P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5&]T86P@97AC97-S('-P<F5A9"!R96-O=F5R
M:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,C,L,#`P+#`P
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8X,2PP,#`L,#`P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>'!E8W1E9"!R96-O=F5R
M:65S(&]F(&9U='5R92!P87EM96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,C<L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,T+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E)M8G,@06YD($AE;&]C($%N9"!#97,@6TUE;6)E<ET@?"!%>&-E<W,@4W!R
M96%D(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%!R:6UA
M<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,
M;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YS=7)A;F-E(&QO<W,@<F5C;W9E<F%B;&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S,BPP,#`L,#`P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3@S+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&5X8V5S<R!S<')E860@<F5C;W9E
M<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,W+#`P,"PP
M,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3`L,#`P+#`P,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^17AP96-T960@<F5C;W9E
M<FEE<R!O9B!F=71U<F4@<&%Y;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C4L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C<L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M52!3(%!U8FQI8R!&:6YA;F-E($EN<W5R86YC92!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S
M=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#4L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C@W+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DEN<W5R86YC92!L;W-S(')E8V]V97)A8FQE/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XT+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ,RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y0;VQI8WEH;VQD97(@*$)E;F5F:71S*2!!;F0@0VQA:6US($EN8W5R
M<F5D($YE=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3`L,#`P
M+#`P,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E4@4R!0=6)L:6,@1FEN86YC92!);G-U
M<F%N8V4@6TUE;6)E<ET@?"!'96YE<F%L(&]B;&EG871I;VYS/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V97,@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-C:&5D=6QE($]F($EN<W5R960@
M1FEN86YC:6%L($]B;&EG871I;VYS(%=I=&@@0W)E9&ET($1E=&5R:6]R871I
M;VX@26YS=7)E9"!#;VYT<F%C='5A;"!087EM96YT<R!/=71S=&%N9&EN9R!0
M<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDX+#DP
M,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(T+#DP
M,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5(%,@
M4'5B;&EC($9I;F%N8V4@26YS=7)A;F-E(%M-96UB97)=('P@1V5N97)A;"!O
M8FQI9V%T:6]N<R!\($-L87-S:69I960@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,
M;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4V-H961U;&4@3V8@26YS=7)E9"!&:6YA
M;F-I86P@3V)L:6=A=&EO;G,@5VET:"!#<F5D:70@1&5T97)I;W)A=&EO;B!)
M;G-U<F5D($-O;G1R86-T=6%L(%!A>6UE;G1S($]U='-T86YD:6YG(%!R:6YC
M:7!A;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34R+#`P,"PP
M,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-C$L,#`P+#`P,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V5C;VYD($QI96X@4B!-
M($(@4R!396-U<FET:7IA=&EO;G,@6TUE;6)E<ET@?"!,;W-S($%N9"!,864@
M4F5S97)V97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D
M:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&]S<R!A;F0@;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@<F5S97)V
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<P+#`P,"PP,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,C8L,#`P+#`P,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V5C;VYD($QI96X@4B!-($(@
M4R!396-U<FET:7IA=&EO;G,@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S
M="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S
M=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`R,2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`T,RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#$P/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@("`@
M/'1D('9A;&EG;CTS1'1O<#Y;,5T\+W1D/@T*("`@("`@("`\=&0@8V]L<W!A
M;CTS1#D@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,],T1H='1P.B\O=W=W+G<S
M+F]R9R\Q.3DY+WAH=&UL/E)E<')E<V5N=',@8V]N=')A8W1U86P@<')I;F-I
M<&%L(&%N9"!I;G1E<F5S="!P87EM96YT<R!D=64@8GD@=&AE(&ES<W5E<B!O
M9B!T:&4@;V)L:6=A=&EO;G,@:6YS=7)E9"!B>2!-0DE!+CPO9&EV/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M
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M<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\3454
M02!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H
M=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S
M8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M
M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE
M(&-L87-S/3-$<F5P;W)T(&ED/3-$240P15=!044^#0H@("`@("`\='(^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R
M/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S
M97)V97,@*%)-0E,@4F5C;W9E<FEE<RD@*$YA<G)A=&EV92D@*$1E=&%I;"D@
M*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C
M:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C
M;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q
M+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@
M,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S
M97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9E9&5R86P@<W1A='5T;W)Y(')A=&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U+C`P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U+C`P)3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U+C`P)3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4F5M86EN:6YG('=E:6=H=&5D(&%V97)A9V4@8V]N=')A8W0@<&5R:6]D("AI
M;B!Y96%R<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/C<@>65A
M<G,@."!M;VYT:',@,3(@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CD@>65A<G,@."!M;VYT:',@,3(@9&%Y<SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4V5C;VYD+4QI96X@4DU"4R!);F5L:6=I8FQE($UO<G1G86=E($QO86YS(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V97,@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D-O;G1R86-T(&-L86EM<R!O;B!I;F5L:6=I8FQE(&UO<G1G
M86=E(&QO86YS(&EN8V5P=&EO;B!T;R!D871E+"!I;F-U<G)E9"!L;W-S(&]N
M('1R86YS86-T:6]N<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M(#0Q-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A
M8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT
M+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T
M7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-C(N:'1M;`T*0V]N=&5N
M="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N
M="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M
M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M
M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C
M<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@
M1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^
M#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$
M,$592T%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C
M;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DQO<W,@06YD($QO<W,@
M061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S("A3=6UM87)Y($]F($-R961I
M="!);7!A:7)M96YT<R!296QA=&5D(%1O($1E<FEV871I=F5S*2`H3F%R<F%T
M:79E*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@
M;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H(&-O;'-P86X],T0S/C$R($UO;G1H<R!%;F1E9#PO=&@^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q,CQB<CX\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE
M;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^061D:71I;VYA;"!E<W1I
M;6%T960@8W)E9&ET(&EM<&%I<FUE;G0@;VX@0VUB<R!D97)I=F%T:79E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Y,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&]L:6-Y:&]L
M9&5R("A"96YE9FET<RD@06YD($-L86EM<R!);F-U<G)E9"!.970\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3,S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q,3<\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#4P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-8FEA
M($-O<G`@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!2
M97-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1&ES8V]U;G0@<F%T92!O9B!C<F5D:70@:6UP
M86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4N,3<E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y-0DE!(%5+(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N
M<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1I<V-O=6YT(')A=&4@;V8@8W)E9&ET
M(&EM<&%I<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+C(P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A
M8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT
M+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T
M7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-C,N:'1M;`T*0V]N=&5N
M="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N
M="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M
M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M
M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C
M<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@
M1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^
M#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$
M,$4S54%)/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C
M;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DQO<W,@06YD($QO<W,@
M061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S("A,;W-S($%N9"!,044@06-T
M:79I='DI("A.87)R871I=F4I("A$971A:6PI("A54T0@)"D\8G(^/"]S=')O
M;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^
M,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R
M/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO
M<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y0;VQI8WEH;VQD97(@*$)E;F5F:71S*2!!;F0@0VQA:6US($EN8W5R
M<F5D($YE=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q,S,L
M,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,3$W+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#4P+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D(&%V
M97)A9V4@<FES:RUF<F5E(')A=&4@=7-E9"!T;R!D:7-C;W5N="!C;&%I;2!L
M:6%B:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$N-S(E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,BXS-R4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D-$3R!0;W)T9F]L:6\@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S
M=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&]L:6-Y:&]L9&5R
M("A"96YE9FET<RD@06YD($-L86EM<R!);F-U<G)E9"!.970\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,S+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-$3R!0;W)T9F]L
M:6\@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@4')I;6%R
M>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%
M>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%;&EM:6YA=&EO;B!/9B!,;W-S
M($%N9"!,044@17AP96YS92`H0F5N969I="D@07,@4F5S=6QT($]F($-O;G-O
M;&ED871I;F<@5DE%<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y396-O;F0@3&EE;B!297-I9&5N=&EA;"!-;W)T9V%G92!"
M86-K960@4V5C=7)I=&EE<R!!;F0@4F5S97)V97,@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,
M;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&]L
M:6-Y:&]L9&5R("A"96YE9FET<RD@06YD($-L86EM<R!);F-U<G)E9"!.970\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<P+#`P,"PP,#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#`P
M,"PP,#`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,34Q+#`P,"PP,#`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y%;&EM:6YA=&EO;B!/9B!,;W-S($%N9"!,
M044@17AP96YS92`H0F5N969I="D@07,@4F5S=6QT($]F($-O;G-O;&ED871I
M;F<@5DE%<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`L,#`P
M+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1FER<W0@3&EE;B!297-I9&5N=&EA;"!-;W)T9V%G92!"86-K960@
M4V5C=7)I=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E
M;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0;VQI8WEH;VQD97(@*$)E;F5F:71S
M*2!!;F0@0VQA:6US($EN8W5R<F5D($YE=#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-C4L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#<P+#`P,"PP,#`I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30W+#`P,"PP,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D5L:6UI;F%T:6]N($]F($QO<W,@06YD($Q!12!%>'!E;G-E("A"96YE9FET
M*2!!<R!297-U;'0@3V8@0V]N<V]L:61A=&EN9R!6245S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@R+#`P,"PP,#`I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:6YA;F-I86P@1W5A
M<F%N=&5E(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@
M4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D%G9W)E9V%T92!#1$\@3&]S<R!!;F0@3$%%
M(%)E<V5R=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3$L
M,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$R-RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y&:6YA;F-I86P@1W5A<F%N=&5E(%M-96UB
M97)=('P@0T1/(%!O<G1F;VQI;R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R
M97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@
M3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V97,@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5L
M:6UI;F%T:6]N($]F($QO<W,@06YD($QA92!297-E<G9E<R!!<R!297-U;'0@
M3V8@0V]N<V]L:61A=&EN9R!6245S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR,C4L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(R-BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S($%N9"!,864@
M4F5S97)V97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS
M92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4F5S97)V97,@9F]R(&5X<&5C=&5D(&9U
M='5R92!C;&%I;2!P87EM96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-C4S+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XX-#<L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^17AP96-T960@<F5C;W9E
M<FEE<R!O9B!F=71U<F4@<&%Y;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$T-RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C`V+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E8V]V97)I97,@
M3VX@56YP86ED($QO<W-E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N
M="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>'!E8W1E9"!R96-O=F5R
M:65S(&]F(&9U='5R92!P87EM96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,30W+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,#8L,#`P+#`P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,S,BPP,#`L,#`P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)
M;G-U<F%N8V4@3&]S<R!296-O=F5R86)L92!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@
M061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N
M8V4@;&]S<R!R96-O=F5R86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-3,S+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XV.30L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,L-C0X+#`P,"PP,#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M<W5R86YC92!,;W-S(%)E8V]V97)A8FQE(%M-96UB97)=('P@0VQA<W-I9FEE
M9"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R
M=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@8VQA:6T@;&]S<R!R96-O=F5R86)L
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3,S+#`P,"PP,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV
M.30L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YS=7)A;F-E(&QO<W,@<F5C;W9E<F%B;&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4S,RPP,#`L,#`P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CDT+#`P,"PP
M,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DQO86X@4F5P=7)C:&%S92!#;VUM:71M96YT<R!;365M8F5R72!\(%-E
M8V]N9"!,:65N(%)E<VED96YT:6%L($UO<G1G86=E($)A8VME9"!396-U<FET
M:65S($%N9"!297-E<G9E<R!;365M8F5R72!\($EN96QI9VEB;&4@3&]A;B!2
M96-O=F5R:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N
M<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&5S=&EM871E9"!I;G-U<F%N
M8V4@<F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`S-SDL,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,S4Y+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL
M/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T
M7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q
M8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T
M<R]3:&5E=#8T+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U
M;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R
M<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!
M(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT
M;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C
M<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM
M96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@
M8VQA<W,],T1R97!O<G0@:60],T1)1#!%35-!13X-"B`@("`@(#QT<CX-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^
M/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E
M<G9E<R`H4V-H961U;&4@3V8@3&]S<V5S($%N9"!,;W-S($%D:G5S=&UE;G0@
M17AP96YS97,I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N
M;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#8^,3(@36]N=&AS($5N9&5D
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@
M,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N
M/3-$,CY$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%
M>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<V5S(&%N9"!,044\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3,S/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`Q,3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3
M96-O;F0M3&EE;B!234)3(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT
M($5X<&5N<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S97,@86YD($Q!13PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#$U,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I<G-T
M+4QI96X@4DU"4R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E
M;G-E(%)E<V5R=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<V5S(&%N9"!,044\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8U/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-S`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,30W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3&]S<V5S(&%N9"!,044\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^)"`H,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,3@Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#4T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-SX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R1F]O
M=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S%=/"]T9#X-"B`@
M("`@("`@/'1D(&-O;'-P86X],T0V('9A;&EG;CTS1'1O<#X\9&EV('AM;&YS
M/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y);F-L=61E<R!!0E,@
M0T1/<RP@0TU"4RP@52Y3+B!P=6)L:6,@9FEN86YC92!A;F0@;W1H97(@:7-S
M=65S+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@
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M('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\
M:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O
M;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y
M<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@
M4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O
M9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P159&0DD^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X]
M,T0Q(')O=W-P86X],T0R/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M
M96YT($5X<&5N<V4@4F5S97)V97,@*%-C:&5D=6QE($]F($9I;F%N8VEA;"!'
M=6%R86YT965S($%N9"!296QA=&5D($-L86EM($QI86)I;&ET>2D@*$1E=&%I
M;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S
M<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$-#XQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A
M;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CYP;VQI8WD\8G(^:7-S=64\8G(^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S
M,2P@,C`Q,SQB<CYI<W-U93QB<CYP;VQI8WD\8G(^/"]T:#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU
M<W1M96YT($5X<&5N<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DYU;6)E<B!O9B!P;VQI8VEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,S$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CDY
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.=6UB97(@;V8@:7-S
M=65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#<\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$X,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ
M73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y296UA
M:6YI;F<@=V5I9VAT960@879E<F%G92!C;VYT<F%C="!P97)I;V0@*&EN('EE
M87)S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^-R!Y96%R<R`X
M(&UO;G1H<R`Q,B!D87ES/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M.2!Y96%R<R`X(&UO;G1H<R`Q,B!D87ES/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y0<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,3$L,C8S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$T+#(V-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<F5S=#PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-"PV,C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C@L-C,R/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;#PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,34L.#@S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,BPX.38\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@8VQA:6T@
M;&EA8FEL:71Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-3`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(S-3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<SH@1W)O<W,@<&]T96YT:6%L(')E
M8V]V97)I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@V,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,#@U/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y$:7-C;W5N="P@;F5T/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C`U/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@8VQA:6T@;&EA8FEL:71Y
M("AR96-O=F5R86)L92D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#(T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4U*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YE87)N960@<')E;6EU;2!R979E
M;G5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-C<\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,C<\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-A=71I;VX@3&ES="!,;W<@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E
M<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F('!O;&EC:65S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C@S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.=6UB97(@;V8@:7-S=65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4F5M86EN:6YG('=E:6=H=&5D(&%V97)A9V4@8V]N
M=')A8W0@<&5R:6]D("AI;B!Y96%R<RD\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/C<@>65A<G,@,B!M;VYT:',@,3(@9&%Y<SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/C$Q('EE87)S(#`@;6]N=&AS(#`@9&%Y<SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')I;F-I<&%L/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#<U-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2PR.3`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U
M<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YT97)E<W0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8Y-CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPX,CD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\
M+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#0U,SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.2PQ,3D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,ET\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O
M<W,@8VQA:6T@;&EA8FEL:71Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<SH@1W)O<W,@<&]T96YT:6%L
M(')E8V]V97)I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y$:7-C;W5N="P@;F5T/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y.970@8VQA:6T@;&EA8FEL:71Y("AR96-O
M=F5R86)L92D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!P<F5M:75M(')E=F5N=64\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y#875T:6]N($QI<W0@365D:75M(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S
M<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5S97)V97,@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYU;6)E<B!O9B!P;VQI8VEE<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3@\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3G5M8F5R(&]F(&ES<W5E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4F5M86EN:6YG('=E:6=H=&5D(&%V97)A9V4@8V]N=')A8W0@<&5R
M:6]D("AI;B!Y96%R<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/C$R('EE87)S(#`@;6]N=&AS(#`@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/C0@>65A<G,@,3`@;6]N=&AS(#(T(&1A>7,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R:6YC:7!A;#PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PS-S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,#<S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XX,3D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(L,3DQ/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,R-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!C;&%I;2!L
M:6%B:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y,97-S.B!'<F]S<R!P;W1E;G1I86P@<F5C;W9E<FEE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D1I<V-O=6YT+"!N970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DYE="!C;&%I;2!L:6%B:6QI='D@*')E8V]V97)A8FQE*3PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E5N96%R;F5D('!R96UI=6T@<F5V96YU93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%U=&EO;B!,
M:7-T($AI9V@@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D
M:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3G5M8F5R(&]F('!O;&EC:65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F(&ES<W5E
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y296UA:6YI;F<@
M=V5I9VAT960@879E<F%G92!C;VYT<F%C="!P97)I;V0@*&EN('EE87)S*3PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^,3`@>65A<G,@,2!M;VYT
M:"`V(&1A>7,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XQ,2!Y96%R
M<R`V(&UO;G1H<R`P(&1A>7,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E!R:6YC:7!A;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3,S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y);G1E<F5S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4;W1A;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y'<F]S<R!C;&%I;2!L:6%B:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S.B!'<F]S<R!P;W1E
M;G1I86P@<F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1I<V-O=6YT+"!N970\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!C;&%I;2!L:6%B:6QI='D@
M*')E8V]V97)A8FQE*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E5N96%R;F5D('!R96UI=6T@<F5V96YU93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D-L87-S:69I960@3&ES="!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO<W,@
M06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y.=6UB97(@;V8@<&]L:6-I97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$W-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$Y,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3G5M8F5R(&]F(&ES<W5E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3$Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F5M86EN:6YG('=E:6=H=&5D(&%V97)A9V4@8V]N=')A8W0@
M<&5R:6]D("AI;B!Y96%R<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/C<@>65A<G,@,"!M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^.2!Y96%R<R`V(&UO;G1H<R`P(&1A>7,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R:6YC:7!A;#PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^."PP,#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C<L.#8Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#`S-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-"PU,C8\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,2PP,S@\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R+#,X-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO
M<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!C
M;&%I;2!L:6%B:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C@U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C,U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S.B!'<F]S<R!P;W1E;G1I
M86P@<F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.#8P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PP.#4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1I<V-O=6YT+"!N970\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$T/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,#4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!C;&%I;2!L:6%B
M:6QI='D@*')E8V]V97)A8FQE*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,C0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-34I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;F5A<FYE9"!P<F5M:75M
M(')E=F5N=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@.#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#DV/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#4^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N
M;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@("`@
M("`@(#QT9"!C;VQS<&%N/3-$-"!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS
M1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^06X@:7-S=64@<F5P<F5S
M96YT<R!T:&4@86=G<F5G871E(&]F(&9I;F%N8VEA;"!G=6%R86YT964@<&]L
M:6-I97,@=&AA="!S:&%R92!T:&4@<V%M92!R979E;G5E('-O=7)C92!F;W(@
M<'5R<&]S97,@;V8@;6%K:6YG(&1E8G0@<V5R=FEC92!P87EM96YT<RX\+V1I
M=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R
M1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S)=/"]T9#X-
M"B`@("`@("`@/'1D(&-O;'-P86X],T0T('9A;&EG;CTS1'1O<#X\9&EV('AM
M;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y297!R97-E;G1S
M(&-O;G1R86-T=6%L('!R:6YC:7!A;"!A;F0@:6YT97)E<W0@<&%Y;65N=',@
M9'5E(&)Y('1H92!I<W-U97(@;V8@=&AE(&]B;&EG871I;VYS(&EN<W5R960@
M8GD@34))02X\+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1&EN;F5R1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T
M;W`^6S-=/"]T9#X-"B`@("`@("`@/'1D(&-O;'-P86X],T0T('9A;&EG;CTS
M1'1O<#X\9&EV('AM;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M
M;#Y297!R97-E;G1S(&1I<V-O=6YT(')E;&%T960@=&\@1W)O<W,@0VQA:6T@
M3&EA8FEL:71Y(&%N9"!'<F]S<R!0;W1E;G1I86P@4F5C;W9E<FEE<RX\+V1I
M=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^
M#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T
M9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE
M.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7
M;W)K<VAE971S+U-H965T-C8N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O
M9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT
M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@
M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$
M)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X
M="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4
M:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@
M(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$50,T%'/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S
M<&%N/3-$,3X\<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E
M;G-E(%)E<V5R=F5S("A38VAE9'5L92!/9B!0<F5S96YT(%9A;'5E($]F(%1H
M92!0<F]B86)I;&ET>2U796EG:'1E9"!&=71U<F4@0VQA:6T@4&%Y;65N=',@
M06YD(%)E8V]V97)I97,I("A$971A:6PI("A54T0@)"D\8G(^/"]S=')O;F<^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB
M<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S
M/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P
M,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@
M4F5S97)V97,@0VQA:6T@3&EA8FEL:71Y(%M-96UB97)=('P@0VQA<W-I9FEE
M9"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/DQO<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R
M=F5S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS
M92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`T
M-C0L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@-3@P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQA92!297-E<G9E<R!;365M8F5R
M72!\($-L87-S:69I960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@
M17AP96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<R!A;F0@;&]S<R!A9&IU
M<W1M96YT(&5X<&5N<V4@<F5S97)V97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0R+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XV,2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S($%N9"!,864@
M4F5S97)V97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS
M92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<R!A;F0@;&]S<R!A9&IU<W1M96YT
M(&5X<&5N<V4@<F5S97)V97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C4P-BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-C0Q+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-3,L,#`P+#`P,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<R!!
M;F0@3&%E(%)E<V5R=F5S(%M-96UB97)=('P@0VQA<W-I9FEE9"!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO
M<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E<G9E
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3`V+#`P,"PP,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV
M-#$L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YS=7)A;F-E($QO<W,@4F5C;W9E<F%B;&4@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,
M;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DEN<W5R86YC92!L;W-S(')E8V]V97)A8FQE/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@U,S,L,#`P+#`P,"D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@V.30L,#`P+#`P,"D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S
M+#8T."PP,#`L,#`P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YS=7)A;F-E($QO<W,@4F5C;W9E<F%B;&4@6TUE
M;6)E<ET@?"!#;&%S<VEF:65D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M
M96YT($5X<&5N<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R86YC92!C;&%I
M;2!L;W-S(')E8V]V97)A8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@U,S,L,#`P+#`P,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@V.30L,#`P+#`P,"D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQ!12!I;G-U<F%N8V4@
M;&]S<R!R96-O=F5R86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);G-U<F%N8V4@;&]S<R!R96-O=F5R86)L93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-3,S+#`P,"PP,#`I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-CDT+#`P,"PP,#`I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y296EN<W5R86YC92!R96-O=F5R86)L92!O;B!U;G!A:60@;&]S<V5S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#`P,"PP,#`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW+#`P,"PP
M,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E)E:6YS=7)A;F-E(')E8V]V97)A8FQE(&]N('5N<&%I9"!,044\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,#`P+#`P,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,#`P+#`P
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4F5I;G-U<F%N8V4@<F5C;W9E<F%B;&4@;VX@<&%I9"!L;W-S97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5I;G-U<F%N8V4@
M<F5C;W9E<F%B;&4@;VX@<&%I9"!A;F0@=6YP86ED(&QO<W-E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`W+#`P,"PP,#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#@L,#`P+#`P
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE
M/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E
M.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO
M8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y
M-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-C<N:'1M;`T*0V]N=&5N="U4
M<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4
M>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-
M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP
M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP
M="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@
M3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@
M(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5$
M,D%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS
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M($-O;G-O;&ED871E9"!6244G<RD@*$1E=&%I;"D@*%531"`D*3QB<CY);B!-
M:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N
M(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O
M;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M
M96YT($5X<&5N<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D]U='-T86YD:6YG($=R;W-S(%!R:6YC:7!A;#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`Q,2PR-C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,30L,C8T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S($EN=&5R97-T
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#8R,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^."PV,S(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O
M<W,@56YD:7-C;W5N=&5D($-L86EM($QI86)I;&ET>3PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.#4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,2PR,S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!O
M=&5N=&EA;"!296-O=F5R:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XX-C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#`X-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)E9"!)<W-U97,@
M1&5S:6=N871E9"!!<R!#;&%S<VEF:65D($QI<W0@6TUE;6)E<ET@?"!.;VX@
M5F%R:6%B;&4@26YT97)E<W0@16YT:71I97,@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!297-E<G9E<R!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^27-S=65S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=71S=&%N9&EN
M9R!'<F]S<R!0<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(L.3`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!);G1E<F5S=#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y'<F]S<R!5;F1I<V-O=6YT960@0VQA:6T@3&EA8FEL:71Y/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!O
M=&5N=&EA;"!296-O=F5R:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XV,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R960@27-S=65S($1E<VEG
M;F%T960@07,@0VQA<W-I9FEE9"!,:7-T(%M-96UB97)=('P@5F%R:6%B;&4@
M26YT97)E<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!2
M97-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^27-S=65S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/
M=71S=&%N9&EN9R!'<F]S<R!0<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L-3`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!);G1E
M<F5S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#`P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y'<F]S<R!5;F1I<V-O=6YT960@0VQA:6T@3&EA8FEL:71Y
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y0;W1E;G1I86P@4F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`U,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C
M;VQS<&%N/3-$-3X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1&EN;F5R1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^
M6S%=/"]T9#X-"B`@("`@("`@/'1D(&-O;'-P86X],T0T('9A;&EG;CTS1'1O
M<#X\9&EV('AM;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y2
M97!R97-E;G1S(&-O;G1R86-T=6%L('!R:6YC:7!A;"!A;F0@:6YT97)E<W0@
M<&%Y;65N=',@9'5E(&)Y('1H92!I<W-U97(@;V8@=&AE(&]B;&EG871I;VYS
M(&EN<W5R960@8GD@34))02X\+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X
M=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#
M;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-C@N:'1M;`T*
M0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*
M0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*
M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O
M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M
M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N
M:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\
M+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I
M9#TS1$E$,$5"5D%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DQO<W,@06YD
M($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S("A38VAE9'5L92!/
M9B!,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS97,@4F5S97)V97,I
M("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE
M<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@@8V]L<W!A;CTS1#4^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q,SQB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R
M/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO
M<W,@06YD($QO<W,@061J=7-T;65N="!%>'!E;G-E(%)E<V5R=F5S(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y#:&%N9V5S(&EN('5N96%R;F5D('!R96UI
M=6T@<F5V96YU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`T
M,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#4P-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-C`P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#:&%N9V5S(&EN($Q!12!R
M97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C$V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,3<I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S($%N9"!,864@4F5S97)V97,@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP
M96YS92!297-E<G9E<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@
M;&]S<R!A;F1,044@<F5S97)V92P@8F5G:6YN:6YG(&)A;&%N8V4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8T,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C@U,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3&]S<R!P87EM96YT<R!F;W(@8V%S97,@=VET:"!R97-E<G9E<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,34W*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#,S-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D%C8W)E=&EO;B!O9B!C;&%I;2!L:6%B:6QI='D@9&ES8V]U;G0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D-H86YG97,@:6X@9&ES8V]U;G0@<F%T97,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C<Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH.3(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#:&%N
M9V5S(&EN(&%S<W5M<'1I;VYS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@S-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#$\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG97,@:6X@=6YE87)N
M960@<')E;6EU;2!R979E;G5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#:&%N9V5S(&EN($Q!12!R97-E
M<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3DI/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D]T:&5R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@S,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C4S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D=R;W-S(&QO<W,@86YD3$%%(')E<V5R=F4L(&5N9&EN9R!B
M86QA;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#4P-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-C0Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#8^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N
M;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@("`@
M("`@(#QT9"!C;VQS<&%N/3-$-2!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS
M1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^4')I;6%R:6QY(&-H86YG
M97,@:6X@86UO=6YT(&%N9"!T:6UI;F<@;V8@<&%Y;65N=',N/"]D:78^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H
M=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#
M.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H
M965T<R]3:&5E=#8Y+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z
M('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C
M:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-
M151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT
M+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V
M87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#
M;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B
M;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%,TQ!1SX-"B`@("`@(#QT<CX-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS
M1#(^/'-T<F]N9SY,;W-S($%N9"!,;W-S($%D:G5S=&UE;G0@17AP96YS92!2
M97-E<G9E<R`H4V-H961U;&4@3V8@26YS=7)A;F-E($QO<W,@4F5C;W9E<F%B
M;&4@06YD($-H86YG97,@26X@4F5C;W9E<FEE<R!/;B!5;G!A:60@3&]S<V5S
M*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H
M97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0T/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S
M<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@4F5C;W9E<FEE<R!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@4F5S97)V92!B96=I;FYI;F<@
M8F%L86YC92P@5&]T86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@.3`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`S+#DX,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]L;&5C=&EO;G,@9F]R
M($-A<V5S('=I=&@@4F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,3`X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,L
M,#$Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06-C<F5T:6]N
M(&]F(%)E8V]V97)I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG97,@:6X@1&ES8V]U;G0@4F%T
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-S$I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y#:&%N9V5S(&EN($%S<W5M<'1I;VYS/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@Q-38I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H
M86YG97,@:6X@3$%%(%)E8V]V97)I97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T,2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@W*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3<I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S(%)E<V5R=F4@96YD
M:6YG(&)A;&%N8V4L(%1O=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XV.#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R86YC92!,;W-S(%)E
M8V]V97)A8FQE(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!
M9&IU<W1M96YT($5X<&5N<V4@4F5C;W9E<FEE<R!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1W)O<W,@4F5S97)V92!B96=I;FYI;F<@8F%L86YC92P@26YS
M=7)A;F-E(&QO<W,@<F5C;W9E<F%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8Y-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,L
M-C0X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VQL96-T:6]N
M<R!F;W(@0V%S97,@=VET:"!296-O=F5R:65S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q,#@I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,RPP,3$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!8V-R
M971I;VX@;V8@4F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E<R!I;B!$:7-C;W5N
M="!2871E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S,RD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D-H86YG97,@:6X@07-S=6UP=&EO;G,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#<W*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$R-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0VAA;F=E<R!I;B!,044@4F5C;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#,X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#<I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-RD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@4F5S97)V
M92!E;F1I;F<@8F%L86YC92P@26YS=7)A;F-E(&QO<W,@<F5C;W9E<F%B;&4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4S,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C8Y-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F5C;W9E<FEE<R!/;B!5;G!A:60@3&]S<V5S(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X<&5N<V4@
M4F5C;W9E<FEE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@4F5S
M97)V92!B96=I;FYI;F<@8F%L86YC92Q296-O=F5R:65S(&]N('5N<&%I9"!L
M;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(P-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,S,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^0V]L;&5C=&EO;G,@9F]R($-A<V5S('=I=&@@4F5C
M;W9E<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D%C8W)E=&EO;B!O9B!296-O=F5R:65S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA
M;F=E<R!I;B!$:7-C;W5N="!2871E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S."D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG97,@:6X@07-S
M=6UP=&EO;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#<Y*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#DQ*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^0VAA;F=E<R!I;B!,044@4F5C;W9E<FEE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y/=&AE<CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'
M<F]S<R!297-E<G9E(&5N9&EN9R!B86QA;F-E+"!296-O=F5R:65S(&]N('5N
M<&%I9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,30W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R,#8\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$
M-3X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R
M1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S%=/"]T9#X-
M"B`@("`@("`@/'1D(&-O;'-P86X],T0T('9A;&EG;CTS1'1O<#X\9&EV('AM
M;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y0<FEM87)I;'D@
M8VAA;F=E<R!I;B!A;6]U;G0@86YD('1I;6EN9R!O9B!C;VQL96-T:6]N<RX\
M+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O
M9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B
M95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F
M:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9"]7;W)K<VAE971S+U-H965T-S`N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%
M;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT
M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^
M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT
M/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$
M=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V
M92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*
M("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5"2D%#/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R
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M<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T
M:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y296UE9&EA;"!!8W1I;VYS($9O<B!);G-U<F5D
M($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^3&]S<R!!;F0@3&]S<R!!9&IU<W1M96YT($5X
M<&5N<V4@4F5S97)V97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@861J=7-T;65N="!E>'!E
M;G-E(&EN8W5R<F5D+"!G<F]S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$S-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM
M+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E
M965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T
M-S$N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE
M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA
M<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R
M8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\
M+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS
M1')E<&]R="!I9#TS1$E$,$503D%%/@T*("`@("`@/'1R/@T*("`@("`@("`\
M=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG
M/D9A:7(@5F%L=64@3V8@1FEN86YC:6%L($EN<W1R=6UE;G1S("A.87)R871I
M=F4I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O
M=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^,3(@36]N=&AS($5N9&5D/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!!;F0@3&EA
M8FEL:71I97,@365A<W5R960@3VX@4F5C=7)R:6YG($%N9"!.;VYR96-U<G)I
M;F<@0F%S:7,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E!E<F-E;G1A9V4@;V8@:6YS=7)E9"!C<F5D
M:70@9&5R:79A=&EV97,L('9A;'5E('5N9&5R($1I<F5C="!0<FEC92!-;V1E
M;"!A;F0@1'5A;"U$969A=6QT($UO9&5L/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XW+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3F5T(&EN<W5R960@9&5R:79A=&EV92!L:6%B
M:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C0T/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q
M+#(P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^26UP86-T(&]F(&EN8VQU9&EN9R!T:&4@;F]N<&5R9F]R;6%N8V4@
M<FES:R!I;B!V86QU871I;VX@;V8@<')E+71A>"!N970@:6YS=7)E9"!D97)I
M=F%T:79E(&QI86)I;&ET>3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^.3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS.30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E!E<F-E;G1A9V4@;V8@;&5V96P@,R!A<W-E=',@870@9F%I
M<B!V86QU92!I;B!T;W1A;"!A<W-E=',@;65A<W5R960@870@9F%I<B!V86QU
M92!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`N,#`E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,C(N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y097)C96YT86=E(&]F(&QE=F5L(#,@;&EA8FEL:71I97,@870@
M9F%I<B!V86QU92!I;B!T;W1A;"!L:6%B:6QI=&EE<R!M96%S=7)E9"!A="!F
M86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-2XP
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XV,2XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E1R86YS9F5R<R!I;G1O($QE=F5L(#,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(T,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C0P,SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&]U="!O9B!,
M979E;"`S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3@\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E1R86YS9F5R<R!I;G1O($QE=F5L(#(\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$T,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$Y.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&]U="!O9B!,979E;"`R/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,#,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R
M<R!I;G1O(&]R(&]U="!O9B!,979E;"`Q/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D(@12!4(%9A;'5A=&EO;B!-;V1E;"!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D9A:7(@5F%L=64@07-S971S($%N9"!,:6%B:6QI=&EE<R!-96%S=7)E9"!/
M;B!296-U<G)I;F<@06YD($YO;G)E8W5R<FEN9R!"87-I<R!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4&5R8V5N=&%G92!O9B!I;G-U<F5D(&-R961I="!D97)I=F%T:79E<RP@9F%I
M<B!V86QU92!U<VEN9R!T:&4@0D54(&UO9&5L/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XY,RXP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM
M+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V
M965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E
M=#<R+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP
M<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U
M<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M
M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H
M87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S
M<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO
M/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,]
M,T1R97!O<G0@:60],T1)1#!%23%%2SX-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T<F]N
M9SY&86ER(%9A;'5E($]F($9I;F%N8VEA;"!);G-T<G5M96YT<R`H475A;G1I
M=&%T:79E($EN9F]R;6%T:6]N(%)E9V%R9&EN9R!4:&4@4VEG;FEF:6-A;G0@
M56YO8G-E<G9A8FQE($EN<'5T<R!&;W(@0V5R=&%I;B!!<W-E=',@06YD($QI
M86)I;&ET:65S($UE87-U<F5D($%T($9A:7(@5F%L=64@3VX@02!296-U<G)I
M;F<@0F%S:7,I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N
M;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB
M<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S
M/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!$
M97)I=F%T:79E($QI86)I;&ET:65S(%M-96UB97)=('P@1&ES8V]U;G1E9"!C
M87-H(&9L;W<@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&
M86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@
M56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E+"!L:6%B
M:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&ES8V]U;G1E9"!#87-H
M($9L;W=S(%M-96UB97)=('P@3W1H97(@1&5R:79A=&EV92!,:6%B:6QI=&EE
M<R!;365M8F5R72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U
M<G)I;F<@0F%S:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG
M92!D;VQL87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$:7-C;W5N=&5D($-A<V@@
M1FQO=W,@6TUE;6)E<ET@?"!/=&AE<B!$97)I=F%T:79E($QI86)I;&ET:65S
M(%M-96UB97)=('P@36%X:6UU;2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D($]N(%)E8W5R
M<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC:6QI871I;VX@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)A;F=E
M(&1O;&QA<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$:7-C;W5N=&5D($-A<V@@
M1FQO=W,@6TUE;6)E<ET@?"!/=&AE<B!$97)I=F%T:79E($QI86)I;&ET:65S
M(%M-96UB97)=('P@5V5I9VAT960@079E<F%G92!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D
M($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC
M:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E)A;F=E(&1O;&QA<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D-R961I="!$97)I=F%T:79E<R!;365M8F5R72!\($-O;6UE<F-I
M86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I97,@6TUE;6)E<ET@?"!"150@
M36]D96P@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&86ER
M(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@56YO
M8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E+"!L:6%B:6QI
M=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(T/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PP-3`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I=F%T
M:79E<R!;365M8F5R72!\($UU;'1I(%-E8W1O<B!#($0@3R!;365M8F5R72!\
M($1I<F5C="!0<FEC92!-;V1E;"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D($]N(%)E8W5R
M<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC:6QI871I;VX@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M=F%L=64L(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I
M="!$97)I=F%T:79E<R!;365M8F5R72!\($]T:&5R($1E<FEV871I=F4@3&EA
M8FEL:71I97,@6TUE;6)E<ET@?"!"150@06YD($1U86P@1&5F875L="!686QU
M871I;VX@36]D96QS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^1F%I<B!686QU92!!<W-E=',@365A<W5R960@3VX@4F5C=7)R:6YG($)A
M<VES(%5N;V)S97)V86)L92!);G!U="!296-O;F-I;&EA=&EO;B!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92P@
M;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I
M=F%T:79E<R!;365M8F5R72!\(%)E8V]V97)Y(%)A=&5S(%M-96UB97)=('P@
M0V]M;65R8VEA;"!-;W)T9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R
M72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S
M:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT
M86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-2XP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-2XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I
M=F%T:79E<R!;365M8F5R72!\(%)E8V]V97)Y(%)A=&5S(%M-96UB97)=('P@
M0V]M;65R8VEA;"!-;W)T9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R
M72!\($UA>&EM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S
M:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT
M86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,"XP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,"XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I
M=F%T:79E<R!;365M8F5R72!\(%)E8V]V97)Y(%)A=&5S(%M-96UB97)=('P@
M0V]M;65R8VEA;"!-;W)T9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R
M72!\(%=E:6=H=&5D($%V97)A9V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U
M<G)I;F<@0F%S:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG
M92!P97)C96YT86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M.2XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV,"XP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R
M961I="!$97)I=F%T:79E<R!;365M8F5R72!\(%)E8V]V97)Y(%)A=&5S(%M-
M96UB97)=('P@3W1H97(@1&5R:79A=&EV92!,:6%B:6QI=&EE<R!;365M8F5R
M72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S
M:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT
M86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,BXP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,BXP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I
M=F%T:79E<R!;365M8F5R72!\(%)E8V]V97)Y(%)A=&5S(%M-96UB97)=('P@
M3W1H97(@1&5R:79A=&EV92!,:6%B:6QI=&EE<R!;365M8F5R72!\($UA>&EM
M=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A
M;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@56YO8G-E
M<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT86=E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-2XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XY,"XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I=F%T:79E<R!;
M365M8F5R72!\(%)E8V]V97)Y(%)A=&5S(%M-96UB97)=('P@3W1H97(@1&5R
M:79A=&EV92!,:6%B:6QI=&EE<R!;365M8F5R72!\(%=E:6=H=&5D($%V97)A
M9V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A
M;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@56YO8G-E
M<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT86=E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-2XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT-2XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I=F%T:79E<R!;
M365M8F5R72!\($YO;G!E<F9O<FUA;F-E(%)I<VL@6TUE;6)E<ET@?"!#;VUM
M97)C:6%L($UO<G1G86=E($)A8VME9"!396-U<FET:65S(%M-96UB97)=('P@
M36EN:6UU;2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A
M:7(@5F%L=64@07-S971S($UE87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5
M;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)A;F=E('!E<F-E;G1A9V4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R+C`P)3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C@N,#`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV
M97,@6TUE;6)E<ET@?"!.;VYP97)F;W)M86YC92!2:7-K(%M-96UB97)=('P@
M0V]M;65R8VEA;"!-;W)T9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R
M72!\($UA>&EM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S
M:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT
M86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.2XP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-RXP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I
M=F%T:79E<R!;365M8F5R72!\($YO;G!E<F9O<FUA;F-E(%)I<VL@6TUE;6)E
M<ET@?"!#;VUM97)C:6%L($UO<G1G86=E($)A8VME9"!396-U<FET:65S(%M-
M96UB97)=('P@5V5I9VAT960@079E<F%G92!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D($]N
M(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC:6QI
M871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E)A;F=E('!E<F-E;G1A9V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(U+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U+C`P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0W)E9&ET($1E<FEV871I=F5S(%M-96UB97)=('P@3F]N<&5R9F]R;6%N
M8V4@4FES:R!;365M8F5R72!\($UU;'1I(%-E8W1O<B!#($0@3R!;365M8F5R
M72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S
M:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT
M86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,RXP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-RXP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$97)I
M=F%T:79E<R!;365M8F5R72!\($YO;G!E<F9O<FUA;F-E(%)I<VL@6TUE;6)E
M<ET@?"!-=6QT:2!396-T;W(@0R!$($\@6TUE;6)E<ET@?"!-87AI;75M(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!!
M<W-E=',@365A<W5R960@3VX@4F5C=7)R:6YG($)A<VES(%5N;V)S97)V86)L
M92!);G!U="!296-O;F-I;&EA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4F%N9V4@<&5R8V5N=&%G93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-3,N,#`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-3<N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E
M<ET@?"!.;VYP97)F;W)M86YC92!2:7-K(%M-96UB97)=('P@375L=&D@4V5C
M=&]R($,@1"!/(%M-96UB97)=('P@5V5I9VAT960@079E<F%G92!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S
M($UE87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP
M=70@4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E)A;F=E('!E<F-E;G1A9V4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C4S+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C4W+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^0W)E9&ET($1E<FEV871I=F5S(%M-96UB97)=('P@
M3F]N<&5R9F]R;6%N8V4@4FES:R!;365M8F5R72!\($]T:&5R($1E<FEV871I
M=F4@3&EA8FEL:71I97,@6TUE;6)E<ET@?"!-:6YI;75M(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!!<W-E=',@365A
M<W5R960@3VX@4F5C=7)R:6YG($)A<VES(%5N;V)S97)V86)L92!);G!U="!2
M96-O;F-I;&EA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F%N9V4@<&5R8V5N=&%G93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-#$N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3,N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!.;VYP
M97)F;W)M86YC92!2:7-K(%M-96UB97)=('P@3W1H97(@1&5R:79A=&EV92!,
M:6%B:6QI=&EE<R!;365M8F5R72!\($UA>&EM=6T@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E
M9"!/;B!296-U<G)I;F<@0F%S:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N
M8VEL:6%T:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y286YG92!P97)C96YT86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XU,2XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M-"XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D-R961I="!$97)I=F%T:79E<R!;365M8F5R72!\($YO;G!E<F9O
M<FUA;F-E(%)I<VL@6TUE;6)E<ET@?"!/=&AE<B!$97)I=F%T:79E($QI86)I
M;&ET:65S(%M-96UB97)=('P@5V5I9VAT960@079E<F%G92!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE
M87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@
M4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E)A;F=E('!E<F-E;G1A9V4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(U+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0W)E9&ET($1E<FEV871I=F5S(%M-96UB97)=('P@5V5I
M9VAT960@079E<F%G92!,:69E(%M-96UB97)=('P@0V]M;65R8VEA;"!-;W)T
M9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R72!\($UI;FEM=6T@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S
M<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@56YO8G-E<G9A8FQE
M($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y796EG:'1E9"!!=F5R86=E("AI;B!Y96%R<RD\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$N,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$N,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0W)E9&ET($1E<FEV871I=F5S(%M-
M96UB97)=('P@5V5I9VAT960@079E<F%G92!,:69E(%M-96UB97)=('P@0V]M
M;65R8VEA;"!-;W)T9V%G92!"86-K960@4V5C=7)I=&EE<R!;365M8F5R72!\
M($UA>&EM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&
M86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@
M56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG:'1E9"!!=F5R86=E
M("AI;B!Y96%R<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,N
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5R
M:79A=&EV97,@6TUE;6)E<ET@?"!796EG:'1E9"!!=F5R86=E($QI9F4@6TUE
M;6)E<ET@?"!#;VUM97)C:6%L($UO<G1G86=E($)A8VME9"!396-U<FET:65S
M(%M-96UB97)=('P@5V5I9VAT960@079E<F%G92!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D
M($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC
M:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E=E:6=H=&5D($%V97)A9V4@*&EN('EE87)S*3PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,BXS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,RXS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!796EG
M:'1E9"!!=F5R86=E($QI9F4@6TUE;6)E<ET@?"!/=&AE<B!$97)I=F%T:79E
M($QI86)I;&ET:65S(%M-96UB97)=('P@36EN:6UU;2!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U
M<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C
M;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E=E:6=H=&5D($%V97)A9V4@*&EN('EE87)S*3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,"XR/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,"XR/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!7
M96EG:'1E9"!!=F5R86=E($QI9F4@6TUE;6)E<ET@?"!/=&AE<B!$97)I=F%T
M:79E($QI86)I;&ET:65S(%M-96UB97)=('P@36%X:6UU;2!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE
M87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@
M4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E=E:6=H=&5D($%V97)A9V4@*&EN('EE87)S*3PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-RXY/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^."XW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET@
M?"!796EG:'1E9"!!=F5R86=E($QI9F4@6TUE;6)E<ET@?"!/=&AE<B!$97)I
M=F%T:79E($QI86)I;&ET:65S(%M-96UB97)=('P@5V5I9VAT960@079E<F%G
M92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L
M=64@07-S971S($UE87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R
M=F%B;&4@26YP=70@4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O
M;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D($%V97)A9V4@*&EN('EE
M87)S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2XQ/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BXS/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5R:79A=&EV
M97,@6TUE;6)E<ET@?"!#;VUM97)C:6%L($UO<G1G86=E($)A8VME9"!396-U
M<FET:65S(%-P<F5A9',@6TUE;6)E<ET@?"!#;VUM97)C:6%L($UO<G1G86=E
M($)A8VME9"!396-U<FET:65S(%M-96UB97)=('P@36EN:6UU;2!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S
M($UE87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP
M=70@4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E)A;F=E('!E<F-E;G1A9V4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,2XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-R961I="!$97)I=F%T:79E<R!;365M8F5R72!\($-O
M;6UE<F-I86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I97,@4W!R96%D<R!;
M365M8F5R72!\($-O;6UE<F-I86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I
M97,@6TUE;6)E<ET@?"!-87AI;75M(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^1F%I<B!686QU92!!<W-E=',@365A<W5R960@3VX@4F5C
M=7)R:6YG($)A<VES(%5N;V)S97)V86)L92!);G!U="!296-O;F-I;&EA=&EO
M;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F%N
M9V4@<&5R8V5N=&%G93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-#$N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CDN,#`E/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#
M<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!#;VUM97)C:6%L($UO<G1G
M86=E($)A8VME9"!396-U<FET:65S(%-P<F5A9',@6TUE;6)E<ET@?"!#;VUM
M97)C:6%L($UO<G1G86=E($)A8VME9"!396-U<FET:65S(%M-96UB97)=('P@
M5V5I9VAT960@079E<F%G92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D($]N(%)E8W5R<FEN
M9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC:6QI871I;VX@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)A;F=E('!E
M<F-E;G1A9V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y+C`P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S+C`P)3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;G,@
M4F5C96EV86)L92!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET
M>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=('P@475O=&5D(&UA<FME
M="!P<FEC97,@861J=7-T960@9F]R(&9I;F%N8VEA;"!G=6%R86YT965S('!R
M;W9I9&5D('1O(%9)12!O8FQI9V%T:6]N<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($UE87-U<F5D($]N
M(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B;&4@26YP=70@4F5C;VYC:6QI
M871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@5F%L=64L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,2PT,S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#8Q
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3&]A;G,@4F5C96EV86)L92!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R
M97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=('P@26UP
M86-T($]F($9I;F%N8VEA;"!'=6%R86YT964@6TUE;6)E<ET@?"!-:6YI;75M
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!686QU
M92!!<W-E=',@365A<W5R960@3VX@4F5C=7)R:6YG($)A<VES(%5N;V)S97)V
M86)L92!);G!U="!296-O;F-I;&EA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4F%N9V4@<&5R8V5N=&%G93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XP,"4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;G,@4F5C96EV86)L92!;365M8F5R
M72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I
M87)Y(%M-96UB97)=('P@26UP86-T($]F($9I;F%N8VEA;"!'=6%R86YT964@
M6TUE;6)E<ET@?"!-87AI;75M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^1F%I<B!686QU92!!<W-E=',@365A<W5R960@3VX@4F5C=7)R
M:6YG($)A<VES(%5N;V)S97)V86)L92!);G!U="!296-O;F-I;&EA=&EO;B!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F%N9V4@
M<&5R8V5N=&%G93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`N
M,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<N,#`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;V%N
M<R!296-E:79A8FQE(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT
M:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET@?"!);7!A8W0@3V8@
M1FEN86YC:6%L($=U87)A;G1E92!;365M8F5R72!\(%=E:6=H=&5D($%V97)A
M9V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A
M;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@56YO8G-E
M<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT86=E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+C`P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C,N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;V%N(%)E<'5R8VAA<V4@0V]M;6ET
M;65N=',@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@4')I
M;6%R>2!"96YE9FEC:6%R>2!;365M8F5R72!\($1I<V-O=6YT960@8V%S:"!F
M;&]W(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!6
M86QU92!!<W-E=',@365A<W5R960@3VX@4F5C=7)R:6YG($)A<VES(%5N;V)S
M97)V86)L92!);G!U="!296-O;F-I;&EA=&EO;B!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92P@87-S971S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-SD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS-3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T($5N=&ET
M>2!.;W1E<R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0
M<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=('P@475O=&5D(&UA<FME="!P
M<FEC97,@;V8@5DE%(&%S<V5T<R!A9&IU<W1E9"!F;W(@9FEN86YC:6%L(&=U
M87)A;G1E97,@<')O=FED960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I
M;F<@0F%S:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A
M;'5E+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`W,S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#DT,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5F%R:6%B;&4@26YT97)E<W0@16YT:71Y($YO=&5S(%M-96UB97)=('P@5F%R
M:6%B;&4@26YT97)E<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE
M;6)E<ET@?"!);7!A8W0@3V8@1FEN86YC:6%L($=U87)A;G1E92!;365M8F5R
M72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY&86ER(%9A;'5E($%S<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S
M:7,@56YO8G-E<G9A8FQE($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT
M86=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP+C`P)3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N,#`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y687)I86)L92!);G1E
M<F5S="!%;G1I='D@3F]T97,@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S
M="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R72!\($EM<&%C
M="!/9B!&:6YA;F-I86P@1W5A<F%N=&5E(%M-96UB97)=('P@36%X:6UU;2!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@
M07-S971S($UE87-U<F5D($]N(%)E8W5R<FEN9R!"87-I<R!5;F]B<V5R=F%B
M;&4@26YP=70@4F5C;VYC:6QI871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E)A;F=E('!E<F-E;G1A9V4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,U+C`P)3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(U+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5F%R:6%B;&4@26YT97)E<W0@16YT:71Y
M($YO=&5S(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%!R
M:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET@?"!);7!A8W0@3V8@1FEN86YC
M:6%L($=U87)A;G1E92!;365M8F5R72!\(%=E:6=H=&5D($%V97)A9V4@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S
M<V5T<R!-96%S=7)E9"!/;B!296-U<G)I;F<@0F%S:7,@56YO8G-E<G9A8FQE
M($EN<'5T(%)E8V]N8VEL:6%T:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y286YG92!P97)C96YT86=E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ-BXP,"4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,BXP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-#X\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R1F]O=&YO
M=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S%=/"]T9#X-"B`@("`@
M("`@/'1D(&-O;'-P86X],T0S('9A;&EG;CTS1'1O<#X\9&EV('AM;&YS/3-$
M:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y-:61P;VEN="!O9B!C87-H
M(&9L;W=S(&%R92!U<V5D(&9O<B!T:&4@=V5I9VAT960@879E<F%G92X\+V1I
M=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^
M#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T
M9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE
M.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7
M;W)K<VAE971S+U-H965T-S,N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O
M9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT
M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@
M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$
M)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X
M="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4
M:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@
M(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$593DY-/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S
M<&%N/3-$,3X\<W1R;VYG/D9A:7(@5F%L=64@3V8@1FEN86YC:6%L($EN<W1R
M=6UE;G1S("A#;VUP86YY)W,@07-S971S($%N9"!,:6%B:6QI=&EE<R!-96%S
M=7)E9"!!="!&86ER(%9A;'5E($]N(%)E8W5R<FEN9R!"87-I<RD@*$1E=&%I
M;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S
M<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S
M=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,3`L-C$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`Q,"PW.#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A
M:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U<F5D(&]N(')E
M8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,RPT-C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#<X,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%R:6%B;&4@26YT97)E<W0@
M16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET@?"!297-I9&5N
M=&EA;"!,;V%N<R!296-E:79A8FQE(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S
M=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$L-#,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,2PV,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE
M($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=
M('P@3&]A;B!297!U<F-H87-E($-O;6UI=&UE;G1S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S
M<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,W.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,U.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R
M<&]R871E($]B;&EG871I;VYS(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S
M971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XX.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5S:61E
M;G1I86P@36]R=&=A9V4@0F%C:V5D($YO;B!!9V5N8WD@6TUE;6)E<ET@?"!-
M;W)T9V%G92UB86-K960@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%
M;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@
M;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ.3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR-3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UE<F-I
M86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I97,@6TUE;6)E<ET@?"!-;W)T
M9V%G92UB86-K960@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I
M='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C
M8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A
M<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XX-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P
M-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]L;&%T97)A;&EZ
M960@1&5B="!/8FQI9V%T:6]N<R!;365M8F5R72!\($%S<V5T+6)A8VME9"!;
M365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E
M;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@
M06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U
M<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S8\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R($%S<V5T($)A8VME9"!;365M8F5R
M72!\($%S<V5T+6)A8VME9"!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T
M($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T
M<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C8Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^.3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUO;F5Y($UA
M<FME="!396-U<FET:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@
M3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O
M;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O
M;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0R.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<X,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]N97D@36%R:V5T(%-E8W5R
M:71I97,@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@4')I
M;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S
M($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R960@
M;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,S8\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUE9&EU;2!497)M($YO=&5S(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E
M8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@
M9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B
M87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3DW/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y687)I86)L92!);G1E<F5S="!%;G1I='D@3F]T97,@
M6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@4')I;6%R>2!"
M96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S
M($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C
M=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+#`T-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L,S4V/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y097)P971U86P@1&5B="!!;F0@
M17%U:71Y(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT
M<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D
M(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%S:"!!;F0@0V%S:"!%<75I
M=F%L96YT<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N
M9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R
M:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW,CD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#$V,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A
M8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N
M8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#,T-3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C4L.3DV/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@52!3(%1R96%S
M=7)Y($%N9"!';W9E<FYM96YT(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N
M=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E
M9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C8Y,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4U,SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE
M<R!;365M8F5R72!\(%-T871E(&%N9"!M=6YI8VEP86P@8F]N9',@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV
M86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA
M;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PW,S(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ+#<X-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\($9O<F5I9VX@
M1V]V97)N;65N="!$96)T(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@
M3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O
M;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O
M;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(Y,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$X.3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;
M365M8F5R72!\($-O<G!O<F%T92!/8FQI9V%T:6]N<R!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A
M<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+#`U.#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$L.#(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@4F5S:61E;G1I86P@36]R
M=&=A9V4@0F%C:V5D($%G96YC>2!;365M8F5R72!\($UO<G1G86=E+6)A8VME
M9"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N
M<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A
M;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A
M<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#$V,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,3<S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@
M4F5S:61E;G1I86P@36]R=&=A9V4@0F%C:V5D($YO;B!!9V5N8WD@6TUE;6)E
M<ET@?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O
M=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U
M<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE
M<R!;365M8F5R72!\($-O;6UE<F-I86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R
M:71I97,@6TUE;6)E<ET@?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@
M87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XS.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX
M960@36%T=7)I=&EE<R!;365M8F5R72!\($-O;&QA=&5R86QI>F5D($1E8G0@
M3V)L:6=A=&EO;G,@6TUE;6)E<ET@?"!!<W-E="UB86-K960@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L
M92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I
M86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3,\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!/=&AE<B!!<W-E="!"86-K
M960@6TUE;6)E<ET@?"!!<W-E="UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S
M(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3@X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T
M:79E($%S<V5T<R!;365M8F5R72!\($EN=&5R97-T(%)A=&4@1&5R:79A=&EV
M97,@6TUE;6)E<ET@?"!.;VX@26YS=7)E9"!$97)I=F%T:79E<R!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A
M8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N
M8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M07-S971S($AE;&0@1F]R(%-A;&4@6TUE;6)E<ET@?"!,;V%N<R!296-E:79A
M8FQE($%T($9A:7(@5F%L=64@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT
M<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D
M(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-S$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-E=',@2&5L9"!&;W(@4V%L
M92!;365M8F5R72!\($5Q=6ET>2!396-U<FET:65S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S
M<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%S<V5T<R!(
M96QD($9O<B!386QE(%M-96UB97)=('P@0V%S:"!!;F0@0V%S:"!%<75I=F%L
M96YT<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,
M;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER
M('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG
M(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^07-S971S($]F($-O;G-O;&ED871E9"!6($D@17,@6TUE
M;6)E<ET@?"!#87-H($%N9"!#87-H($5Q=6EV86QE;G1S(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L
M(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C4S/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^.3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E
M<FEV871I=F4@3&EA8FEL:71I97,@6TUE;6)E<ET@?"!#<F5D:70@1&5R:79A
M=&EV97,@6TUE;6)E<ET@?"!);G-U<F5D($1E<FEV871I=F5S(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B
M;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC
M:6%L(&QI86)I;&ET:65S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0V/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PQ-3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA8FEL:71I97,@6TUE;6)E<ET@?"!)
M;G1E<F5S="!2871E($1E<FEV871I=F5S(%M-96UB97)=('P@3F]N($EN<W5R
M960@1&5R:79A=&EV97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.
M;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@;&EA8FEL:71I97,@;65A<W5R
M960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ-C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA8FEL
M:71I97,@6TUE;6)E<ET@?"!#=7)R96YC>2!$97)I=F%T:79E<R!;365M8F5R
M72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I
M87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO
M86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U<F5D(&]N(')E8W5R
M<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA8FEL:71I97,@6TUE;6)E
M<ET@?"!/=&AE<B!$97)I=F%T:79E<R!;365M8F5R72!\($YO;B!);G-U<F5D
M($1E<FEV871I=F5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T
M97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U<F5D
M(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R($QI86)I;&ET:65S(%M-
M96UB97)=('P@5V%R<F%N="!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S
M($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!L:6%B:6QI=&EE<R!M96%S
M=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQI86)I;&ET:65S($AE
M;&0@1F]R(%-A;&4@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I
M='D@3F]T97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!
M;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!V86QU92!F:6YA;F-I86P@;&EA8FEL:71I97,@;65A<W5R960@;VX@
M<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT,S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQI86)I;&ET:65S($AE;&0@1F]R(%-A
M;&4@6TUE;6)E<ET@?"!087EA8FQE($9O<B!,;V%N<R!0=7)C:&%S960@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C
M96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F
M:6YA;F-I86P@;&EA8FEL:71I97,@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A
M<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,C,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#$@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L
M92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I
M86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPP.#<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR+#<Q,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@;&EA8FEL:71I97,@;65A<W5R
M960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,
M979E;"`Q(%M-96UB97)=('P@36]N97D@36%R:V5T(%-E8W5R:71I97,@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C
M96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F
M:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#(X/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-S@S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`Q(%M-96UB97)=('P@
M36]N97D@36%R:V5T(%-E8W5R:71I97,@6TUE;6)E<ET@?"!687)I86)L92!)
M;G1E<F5S="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA
M;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A
M:7(@5F%L=64@26YP=71S($QE=F5L(#$@6TUE;6)E<ET@?"!097)P971U86P@
M1&5B="!!;F0@17%U:71Y(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S
M(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU
M92!);G!U=',@3&5V96P@,2!;365M8F5R72!\($-A<V@@06YD($-A<V@@17%U
M:79A;&5N=',@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!
M;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R
M<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S(Y
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ-C$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L
M(#$@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET:65S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S
M<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C<Y-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C4P.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I
M<B!686QU92!);G!U=',@3&5V96P@,2!;365M8F5R72!\($9I>&5D($UA='5R
M:71I97,@6TUE;6)E<ET@?"!5(%,@5')E87-U<GD@06YD($=O=F5R;FUE;G0@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@
M4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU
M92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3<S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,SDW/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`Q(%M-96UB97)=
M('P@1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\($9O<F5I9VX@1V]V97)N
M;65N="!$96)T(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@
M06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U
M<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@
M,2!;365M8F5R72!\($%S<V5T<R!(96QD($9O<B!386QE(%M-96UB97)=('P@
M17%U:71Y(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT
M<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D
M(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V
M96P@,2!;365M8F5R72!\($%S<V5T<R!(96QD($9O<B!386QE(%M-96UB97)=
M('P@0V%S:"!!;F0@0V%S:"!%<75I=F%L96YT<R!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E
M=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XU-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU
M92!);G!U=',@3&5V96P@,2!;365M8F5R72!\($%S<V5T<R!/9B!#;VYS;VQI
M9&%T960@5B!)($5S(%M-96UB97)=('P@0V%S:"!!;F0@0V%S:"!%<75I=F%L
M96YT<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,
M;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER
M('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG
M(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDW/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`R(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I
M=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN
M86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L-3$P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-2PW-C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE
M87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,BPS-#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ+#8T-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!6
M86QU92!);G!U=',@3&5V96P@,B!;365M8F5R72!\($-O<G!O<F%T92!/8FQI
M9V%T:6]N<R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0
M<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N
M=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E
M9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#$\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S
M($QE=F5L(#(@6TUE;6)E<ET@?"!297-I9&5N=&EA;"!-;W)T9V%G92!"86-K
M960@3F]N($%G96YC>2!;365M8F5R72!\($UO<G1G86=E+6)A8VME9"!;365M
M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F
M:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD
M($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A
M:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I
M;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U-3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,B!;
M365M8F5R72!\($-O;6UE<F-I86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I
M97,@6TUE;6)E<ET@?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET@?"!687)I
M86)L92!);G1E<F5S="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E
M:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I
M;F%N8VEA;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$P,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,B!;365M8F5R72!\($-O
M;&QA=&5R86QI>F5D($1E8G0@3V)L:6=A=&EO;G,@6TUE;6)E<ET@?"!!<W-E
M="UB86-K960@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@
M4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U
M;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A<W5R
M960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S
M($QE=F5L(#(@6TUE;6)E<ET@?"!/=&AE<B!!<W-E="!"86-K960@6TUE;6)E
M<ET@?"!!<W-E="UB86-K960@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S
M="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E
M=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A
M;'5E($EN<'5T<R!,979E;"`R(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y($YO=&5S(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@
M16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@;&EA8FEL
M:71I97,@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,Q,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$L-#$V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`R(%M-96UB97)=('P@4&5R<&5T
M=6%L($1E8G0@06YD($5Q=6ET>2!396-U<FET:65S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S
M<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M5F%L=64@26YP=71S($QE=F5L(#(@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET
M:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO
M86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@
M8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4L,S4S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2PR-#@\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#(@
M6TUE;6)E<ET@?"!&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@52!3(%1R
M96%S=7)Y($%N9"!';W9E<FYM96YT(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S
M=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$Q.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$U
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!)
M;G!U=',@3&5V96P@,B!;365M8F5R72!\($9I>&5D($UA='5R:71I97,@6TUE
M;6)E<ET@?"!3=&%T92!A;F0@;75N:6-I<&%L(&)O;F1S(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L
M(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-S(T/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,2PW-C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#(@6TUE;6)E<ET@?"!&:7AE
M9"!-871U<FET:65S(%M-96UB97)=('P@1F]R96EG;B!';W9E<FYM96YT($1E
M8G0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A
M;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V
M86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B
M87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,B!;365M8F5R
M72!\($9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!#;W)P;W)A=&4@3V)L
M:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!
M;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R
M<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPP
M-#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#<W-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V
M96P@,B!;365M8F5R72!\($9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!2
M97-I9&5N=&EA;"!-;W)T9V%G92!"86-K960@06=E;F-Y(%M-96UB97)=('P@
M36]R=&=A9V4M8F%C:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@
M3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O
M;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O
M;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$L,38R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ-S,\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP
M=71S($QE=F5L(#(@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET:65S(%M-96UB
M97)=('P@4F5S:61E;G1I86P@36]R=&=A9V4@0F%C:V5D($YO;B!!9V5N8WD@
M6TUE;6)E<ET@?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S
M(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XX-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU
M92!);G!U=',@3&5V96P@,B!;365M8F5R72!\($9I>&5D($UA='5R:71I97,@
M6TUE;6)E<ET@?"!#;VUM97)C:6%L($UO<G1G86=E($)A8VME9"!396-U<FET
M:65S(%M-96UB97)=('P@36]R=&=A9V4M8F%C:V5D(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S
M<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M5F%L=64@26YP=71S($QE=F5L(#(@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET
M:65S(%M-96UB97)=('P@0V]L;&%T97)A;&EZ960@1&5B="!/8FQI9V%T:6]N
M<R!;365M8F5R72!\($%S<V5T+6)A8VME9"!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@
M;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XV/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@
M26YP=71S($QE=F5L(#(@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET:65S(%M-
M96UB97)=('P@3W1H97(@07-S970@0F%C:V5D(%M-96UB97)=('P@07-S970M
M8F%C:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD
M($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A
M:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I
M;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$U-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,B!;
M365M8F5R72!\($1E<FEV871I=F4@07-S971S(%M-96UB97)=('P@26YT97)E
M<W0@4F%T92!$97)I=F%T:79E<R!;365M8F5R72!\($YO;B!);G-U<F5D($1E
M<FEV871I=F5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@
M06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U
M<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@S
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#8\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#(@
M6TUE;6)E<ET@?"!!<W-E=',@2&5L9"!&;W(@4V%L92!;365M8F5R72!\($QO
M86YS(%)E8V5I=F%B;&4@070@1F%I<B!686QU92!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E
M=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XW,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L
M=64@26YP=71S($QE=F5L(#(@6TUE;6)E<ET@?"!$97)I=F%T:79E($QI86)I
M;&ET:65S(%M-96UB97)=('P@0W)E9&ET($1E<FEV871I=F5S(%M-96UB97)=
M('P@26YS=7)E9"!$97)I=F%T:79E<R!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C
M8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!L:6%B:6QI=&EE
M<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XU/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E
M($EN<'5T<R!,979E;"`R(%M-96UB97)=('P@1&5R:79A=&EV92!,:6%B:6QI
M=&EE<R!;365M8F5R72!\($EN=&5R97-T(%)A=&4@1&5R:79A=&EV97,@6TUE
M;6)E<ET@?"!.;VX@26YS=7)E9"!$97)I=F%T:79E<R!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!L
M:6%B:6QI=&EE<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(T.#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$V-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,B!;365M8F5R72!\($]T:&5R
M($QI86)I;&ET:65S(%M-96UB97)=('P@5V%R<F%N="!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!L
M:6%B:6QI=&EE<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#(@6TUE;6)E<ET@?"!,:6%B:6QI
M=&EE<R!(96QD($9O<B!386QE(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y($YO=&5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@
M3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O
M;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U
M<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T
M<R!,979E;"`R(%M-96UB97)=('P@3&EA8FEL:71I97,@2&5L9"!&;W(@4V%L
M92!;365M8F5R72!\(%!A>6%B;&4@1F]R($QO86YS(%!U<F-H87-E9"!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E
M:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I
M;F%N8VEA;"!L:6%B:6QI=&EE<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S
M:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,R,SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA
M;"!A<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#`Y-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(L,S4R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!L:6%B:6QI=&EE<R!M96%S=7)E
M9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$L,C`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPS
M,#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@
M26YP=71S($QE=F5L(#,@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%
M;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R72!\(%)E<VED96YT
M:6%L($QO86YS(%)E8V5I=F%B;&4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O
M=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U
M<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,2PT,S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M+#8Q,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU
M92!);G!U=',@3&5V96P@,R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T
M($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=('P@3&]A;B!2
M97!U<F-H87-E($-O;6UI=&UE;G1S(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S
M=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C,W.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!)
M;G!U=',@3&5V96P@,R!;365M8F5R72!\($-O<G!O<F%T92!/8FQI9V%T:6]N
M<R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y
M($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T
M97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R
M96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C4U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`S(%M-96UB97)=('P@4F5S
M:61E;G1I86P@36]R=&=A9V4@0F%C:V5D($YO;B!!9V5N8WD@6TUE;6)E<ET@
M?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S
M="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E
M=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#,@
M6TUE;6)E<ET@?"!#;VUM97)C:6%L($UO<G1G86=E($)A8VME9"!396-U<FET
M:65S(%M-96UB97)=('P@36]R=&=A9V4M8F%C:V5D(%M-96UB97)=('P@5F%R
M:6%B;&4@26YT97)E<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C
M96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F
M:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`S(%M-
M96UB97)=('P@0V]L;&%T97)A;&EZ960@1&5B="!/8FQI9V%T:6]N<R!;365M
M8F5R72!\($%S<V5T+6)A8VME9"!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R
M97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S
M<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L
M(#,@6TUE;6)E<ET@?"!/=&AE<B!!<W-E="!"86-K960@6TUE;6)E<ET@?"!!
M<W-E="UB86-K960@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I
M='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C
M8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A<W-E=',@;65A
M<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;365M
M8F5R72!\($UE9&EU;2!497)M($YO=&5S(%M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET
M:65S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3DW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V
M96P@,R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!.;W1E
M<R!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y
M($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T
M97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U<F5D
M(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-S,U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.30P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T
M<R!,979E;"`S(%M-96UB97)=('P@4&5R<&5T=6%L($1E8G0@06YD($5Q=6ET
M>2!396-U<FET:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T
M97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R
M96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@
M26YP=71S($QE=F5L(#,@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET:65S(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E
M8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@
M9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(S.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;365M8F5R72!\
M($9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!5(%,@5')E87-U<GD@06YD
M($=O=F5R;FUE;G0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E
M<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E
M8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;
M365M8F5R72!\($9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!3=&%T92!A
M;F0@;75N:6-I<&%L(&)O;F1S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N
M=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E
M9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L(#,@6TUE;6)E<ET@
M?"!&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@1F]R96EG;B!';W9E<FYM
M96YT($1E8G0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!
M;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R
M<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;365M8F5R72!\($9I>&5D($UA
M='5R:71I97,@6TUE;6)E<ET@?"!#;W)P;W)A=&4@3V)L:6=A=&EO;G,@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C
M96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F
M:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0X/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@
M26YP=71S($QE=F5L(#,@6TUE;6)E<ET@?"!&:7AE9"!-871U<FET:65S(%M-
M96UB97)=('P@4F5S:61E;G1I86P@36]R=&=A9V4@0F%C:V5D($YO;B!!9V5N
M8WD@6TUE;6)E<ET@?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S
M971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`S(%M-96UB97)=('P@1FEX
M960@36%T=7)I=&EE<R!;365M8F5R72!\($-O;6UE<F-I86P@36]R=&=A9V4@
M0F%C:V5D(%-E8W5R:71I97,@6TUE;6)E<ET@?"!-;W)T9V%G92UB86-K960@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@
M4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU
M92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D(&]N(')E8W5R<FEN9R!B87-I
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U
M<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU
M92!);G!U=',@3&5V96P@,R!;365M8F5R72!\($9I>&5D($UA='5R:71I97,@
M6TUE;6)E<ET@?"!#;VQL871E<F%L:7IE9"!$96)T($]B;&EG871I;VYS(%M-
M96UB97)=('P@07-S970M8F%C:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S
M=7)E9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C@W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XX,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E($EN<'5T<R!,979E;"`S(%M-96UB
M97)=('P@1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\($]T:&5R($%S<V5T
M($)A8VME9"!;365M8F5R72!\($%S<V5T+6)A8VME9"!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!A
M<W-E=',@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XX-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V
M96P@,R!;365M8F5R72!\($1E<FEV871I=F4@3&EA8FEL:71I97,@6TUE;6)E
M<ET@?"!#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!);G-U<F5D($1E
M<FEV871I=F5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@
M06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64@9FEN86YC:6%L(&QI86)I;&ET:65S(&UE87-U<F5D(&]N
M(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ-#<\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S
M($QE=F5L(#,@6TUE;6)E<ET@?"!$97)I=F%T:79E($QI86)I;&ET:65S(%M-
M96UB97)=('P@0W5R<F5N8WD@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!687)I
M86)L92!);G1E<F5S="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E
M:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I
M;F%N8VEA;"!L:6%B:6QI=&EE<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S
M:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@5F%L=64@26YP=71S($QE=F5L
M(#,@6TUE;6)E<ET@?"!$97)I=F%T:79E($QI86)I;&ET:65S(%M-96UB97)=
M('P@3W1H97(@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!.;VX@26YS=7)E9"!$
M97)I=F%T:79E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S
M($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&86ER('9A;'5E(&9I;F%N8VEA;"!L:6%B:6QI=&EE<R!M96%S=7)E9"!O
M;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;W5N=&5R<&%R='D@06YD($-A<V@@
M0V]L;&%T97)A;"!.971T:6YG(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N
M=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@=F%L=64@9FEN86YC:6%L(&%S<V5T<R!M96%S=7)E
M9"!O;B!R96-U<G)I;F<@8F%S:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#@Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0R*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!F:6YA
M;F-I86P@;&EA8FEL:71I97,@;65A<W5R960@;VX@<F5C=7)R:6YG(&)A<VES
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@X,2D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@Q-C4I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y#;W5N=&5R<&%R='D@06YD($-A<V@@0V]L;&%T97)A;"!.
M971T:6YG(%M-96UB97)=('P@1&5R:79A=&EV92!!<W-E=',@6TUE;6)E<ET@
M?"!);G1E<F5S="!2871E($1E<FEV871I=F5S(%M-96UB97)=('P@3F]N($EN
M<W5R960@1&5R:79A=&EV97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT
M<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!V86QU92!F:6YA;F-I86P@87-S971S(&UE87-U<F5D
M(&]N(')E8W5R<FEN9R!B87-I<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH.#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#(I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;W5N=&5R<&%R='D@06YD
M($-A<V@@0V]L;&%T97)A;"!.971T:6YG(%M-96UB97)=('P@1&5R:79A=&EV
M92!,:6%B:6QI=&EE<R!;365M8F5R72!\($EN=&5R97-T(%)A=&4@1&5R:79A
M=&EV97,@6TUE;6)E<ET@?"!.;VX@26YS=7)E9"!$97)I=F%T:79E<R!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E
M:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&9I
M;F%N8VEA;"!L:6%B:6QI=&EE<R!M96%S=7)E9"!O;B!R96-U<G)I;F<@8F%S
M:7,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^)"`H.#$I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XD("@Q-C4I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#4^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E
M/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@("`@("`@
M(#QT9"!C;VQS<&%N/3-$-"!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT
M='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^56YO8G-E<G9A8FQE(&EN<'5T
M<R!A<F4@96ET:&5R(&YO="!D979E;&]P960@8GD@=&AE($-O;7!A;GD@;W(@
M9&\@;F]T('-I9VYI9FEC86YT;'D@:6UP86-T('1H92!O=F5R86QL(&9A:7(@
M=F%L=65S(&]F('1H92!A9V=R96=A=&4@9FEN86YC:6%L(&%S<V5T<R!A;F0@
M;&EA8FEL:71I97,N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T
M86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T
M7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N
M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B
M-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#<T+FAT;6P-"D-O;G1E
M;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E
M;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT
M;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT
M+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS
M8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J
M($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D
M/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)
M1#!%,T5#23X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@
M8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T<F]N9SY&86ER(%9A;'5E($]F
M($9I;F%N8VEA;"!);G-T<G5M96YT<R`H1F%I<B!686QU92!(:65R87)C:'D@
M5&%B;&4@4')E<V5N=',@5&AE($-O;7!A;GDG<R!!<W-E=',@06YD($QI86)I
M;&ET:65S($%T($9A:7(@5F%L=64@3F]T(%)E8V]R9&5D($]N(%1H92!#;VUP
M86YY)W,@0V]N<V]L:61A=&5D($)A;&%N8V4@4VAE970I("A$971A:6PI("A5
M4T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF
M:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L
M<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$S/&)R/CPO=&@^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L
M=64@3V9F($)A;&%N8V4@4VAE970@4FES:W,@1&ES8VQO<W5R92!);F9O<FUA
M=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S971S(&AE;&0@9F]R
M('-A;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@.#`R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R.3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',@:&5L9"UT;RUM871U<FET
M>2P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,BPV,S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#8U,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%L=64@1&ES8VQO<V5D($%T
M($9A:7(@5F%L=64@3F]T(%)E8V]R9&5D($%T($9A:7(@5F%L=64@6TUE;6)E
M<ET@?"!&86ER(%9A;'5E($EN<'5T<R!,979E;"`Q(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1F%I<B!686QU92!/9F8@0F%L86YC92!3:&5E="!2:7-K<R!$:7-C
M;&]S=7)E($EN9F]R;6%T:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.
M970@8V%S:"!C;VQL871E<F%L('!L961G960\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(T
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4;W1A;"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&QI86)I;&ET:65S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5F%L=64@1&ES8VQO<V5D($%T($9A:7(@5F%L=64@3F]T(%)E8V]R9&5D($%T
M($9A:7(@5F%L=64@6TUE;6)E<ET@?"!&86ER(%9A;'5E($EN<'5T<R!,979E
M;"`R(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!/9F8@0F%L86YC
M92!3:&5E="!2:7-K<R!$:7-C;&]S=7)E($EN9F]R;6%T:6]N(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y!8V-R=65D(&EN=F5S=&UE;G0@:6YC;VUE/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5C96EV86)L92!F
M;W(@:6YV97-T;65N=',@<V]L9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y4;W1A;"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$S.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E
M8G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,3<R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT,3(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!A>6%B;&4@9F]R(&EN=F5S=&UE;G1S('!U<F-H
M87-E9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=
M/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,2PR,30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#0T,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%L=64@1&ES8VQO<V5D($%T
M($9A:7(@5F%L=64@3F]T(%)E8V]R9&5D($%T($9A:7(@5F%L=64@6TUE;6)E
M<ET@?"!&86ER(%9A;'5E($EN<'5T<R!,979E;"`R(%M-96UB97)=('P@1F%C
M:6QI=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@3V9F($)A
M;&%N8V4@4VAE970@4FES:W,@1&ES8VQO<W5R92!);F9O<FUA=&EO;B!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^07-S971S(&AE;&0@9F]R('-A;&4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E9A;'5E($1I<V-L;W-E9"!!="!&86ER(%9A;'5E($YO="!296-O<F1E
M9"!!="!&86ER(%9A;'5E(%M-96UB97)=('P@1F%I<B!686QU92!);G!U=',@
M3&5V96P@,R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@3V9F($)A
M;&%N8V4@4VAE970@4FES:W,@1&ES8VQO<W5R92!);F9O<FUA=&EO;B!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(@:6YV97-T;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+#8S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-C4U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT(&%G<F5E;65N
M=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<P-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C@Q-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^365D:75M+71E<FT@;F]T97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C@P,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/CDR-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L
M(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M+#(X-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0L-#DR/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-"PP-3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR+#@T,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M0V5D960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P.3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y686QU92!$:7-C;&]S960@070@1F%I<B!686QU92!.
M;W0@4F5C;W)D960@070@1F%I<B!686QU92!;365M8F5R72!\($9A:7(@5F%L
M=64@26YP=71S($QE=F5L(#,@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S
M="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D9A:7(@5F%L=64@3V9F($)A;&%N8V4@4VAE970@4FES:W,@1&ES8VQO
M<W5R92!);F9O<FUA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV
M97-T;65N=',@:&5L9"UT;RUM871U<FET>2P@9F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPV,S(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR+#8U,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5F%R:6%B;&4@:6YT97)E<W0@96YT:71Y(&YO=&5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#<W.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(L-S4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y#87)R>6EN9R!297!O<G1E9"!!;6]U;G0@1F%I<B!686QU92!$:7-C
M;&]S=7)E(%M-96UB97)=('P@5F%L=64@1&ES8VQO<V5D($%T($9A:7(@5F%L
M=64@3F]T(%)E8V]R9&5D($%T($9A:7(@5F%L=64@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY&86ER(%9A;'5E($]F9B!"86QA;F-E(%-H965T(%)I<VMS($1I<V-L
M;W-U<F4@26YF;W)M871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T
M:&5R(&EN=F5S=&UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^06-C<G5E9"!I;G9E<W1M96YT(&EN8V]M
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U
M<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4R/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S
M=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E8V5I=F%B
M;&4@9F]R(&EN=F5S=&UE;G1S('-O;&0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@8V%S:"!C;VQL871E<F%L('!L961G960\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A<W-E=',\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(L.#DY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,BPY,S,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M=F5S=&UE;G0@86=R965M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-30W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S`P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-961I=6TM=&5R;2!N;W1E
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PP,#0\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(R-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$L.#$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,2PW,#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!A
M>6%B;&4@9F]R(&EN=F5S=&UE;G1S('!U<F-H87-E9#PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!L:6%B:6QI=&EE<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-BPQ-C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XV+#4X-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1W)O<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$L.34Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPS.#@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-E9&5D/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XV-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C<V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87)R
M>6EN9R!297!O<G1E9"!!;6]U;G0@1F%I<B!686QU92!$:7-C;&]S=7)E(%M-
M96UB97)=('P@5F%L=64@1&ES8VQO<V5D($%T($9A:7(@5F%L=64@3F]T(%)E
M8V]R9&5D($%T($9A:7(@5F%L=64@6TUE;6)E<ET@?"!&86-I;&ET:65S(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!/9F8@0F%L86YC92!3:&5E
M="!2:7-K<R!$:7-C;&]S=7)E($EN9F]R;6%T:6]N(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!<W-E=',@:&5L9"!F;W(@<V%L93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%R<GEI
M;F<@4F5P;W)T960@06UO=6YT($9A:7(@5F%L=64@1&ES8VQO<W5R92!;365M
M8F5R72!\(%9A;'5E($1I<V-L;W-E9"!!="!&86ER(%9A;'5E($YO="!296-O
M<F1E9"!!="!&86ER(%9A;'5E(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY&86ER(%9A;'5E($]F9B!"86QA;F-E(%-H965T(%)I<VMS($1I<V-L
M;W-U<F4@26YF;W)M871I;VX@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M=F5S=&UE;G1S(&AE;&0M=&\M;6%T=7)I='DL(&9A:7(@=F%L=64\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-S4W/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,BPX,#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N;W1E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPW-3<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR+#DS,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1F%I<B!686QU92!;365M8F5R72!\(%9A;'5E($1I<V-L;W-E9"!!
M="!&86ER(%9A;'5E($YO="!296-O<F1E9"!!="!&86ER(%9A;'5E(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!/9F8@0F%L86YC92!3:&5E="!2
M:7-K<R!$:7-C;&]S=7)E($EN9F]R;6%T:6]N(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y/=&AE<B!I;G9E<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%C8W)U960@:6YV97-T
M;65N="!I;F-O;64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0S
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y296-E:79A8FQE(&9O<B!I;G9E<W1M96YT<R!S;VQD/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XV.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&-A<V@@8V]L;&%T97)A;"!P
M;&5D9V5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@87-S971S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#<W-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(L-S@R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);G9E<W1M96YT(&%G<F5E;65N=',\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C<P-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C@Q-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^365D:75M
M+71E<FT@;F]T97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@P
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDR-SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,3<R/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,2PT,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E!A>6%B;&4@9F]R(&EN=F5S=&UE;G1S('!U<F-H87-E9#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#(\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!L:6%B:6QI=&EE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2PT.3D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XU+#DS-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1W)O<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C0L,#4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPX
M-#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-E9&5D/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XW,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1F%I<B!686QU92!;365M8F5R72!\(%9A;'5E($1I<V-L;W-E9"!!="!&
M86ER(%9A;'5E($YO="!296-O<F1E9"!!="!&86ER(%9A;'5E(%M-96UB97)=
M('P@1F%C:6QI=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@
M3V9F($)A;&%N8V4@4VAE970@4FES:W,@1&ES8VQO<W5R92!);F9O<FUA=&EO
M;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S971S(&AE;&0@9F]R('-A
M;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(V/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@5F%L=64@6TUE;6)E<ET@?"!686QU92!$:7-C;&]S
M960@070@1F%I<B!686QU92!.;W0@4F5C;W)D960@070@1F%I<B!686QU92!;
M365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E
M;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!/9F8@
M0F%L86YC92!3:&5E="!2:7-K<R!$:7-C;&]S=7)E($EN9F]R;6%T:6]N(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<R!H96QD+71O+6UA
M='5R:71Y+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR+#8S,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-C4Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y687)I86)L92!I;G1E
M<F5S="!E;G1I='D@;F]T97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@,BPW-SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(L
M-S4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@
M8V]L<W!A;CTS1#4^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P
M/ELQ73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-"!V86QI9VX],T1T
M;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^
M4F5P;W)T960@=VET:&EN(")/=&AE<B!A<W-E=',B(&]N($U"24$G<R!C;VYS
M;VQI9&%T960@8F%L86YC92!S:&5E=',N/"]D:78^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@
M("`\=&0@=F%L:6=N/3-$=&]P/ELR73PO=&0^#0H@("`@("`@(#QT9"!C;VQS
M<&%N/3-$-"!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N
M=S,N;W)G+S$Y.3DO>&AT;6P^4F5P;W)T960@=VET:&EN(")/=&AE<B!L:6%B
M:6QI=&EE<R(@;VX@34))02=S(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T
M<RX\+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\
M+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?
M.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N
M.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E
M9C0S9"]7;W)K<VAE971S+U-H965T-S4N:'1M;`T*0V]N=&5N="U4<F%N<V9E
M<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T
M97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE
M860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT
M96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E
M/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E
M;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y
M/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$4U6D%-/@T*
M("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$
M,2!R;W=S<&%N/3-$,CX\<W1R;VYG/D9A:7(@5F%L=64@3V8@1FEN86YC:6%L
M($EN<W1R=6UE;G1S("A#:&%N9V5S($EN($QE=F5L(#,@07-S971S($%N9"!,
M:6%B:6QI=&EE<R!-96%S=7)E9"!!="!&86ER(%9A;'5E($]N($$@4F5C=7)R
M:6YG($)A<VES*2`H1&5T86EL*2`H1F%I<B!686QU92!);G!U=',@3&5V96P@
M,R!;365M8F5R72P@55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H
M97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0T/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D)E9VEN;FEN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S
M<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R+#,U,CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,RPU,S(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E86QI>F5D(&=A:6YS+RAL;W-S97,I
M+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H;&]S<V5S*2!I;F-L
M=61E9"!I;B!E87)N:6YG<RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,T
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G
M86EN<R\H;&]S<V5S*2!I;F-L=61E9"!I;B!/0TDL(&%S<V5T<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F]R96EG;B!E>&-H86YG92!R96-O9VYI>F5D(&EN($]#22!O<B!E87)N:6YG
M<RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!U<F-H87-E<RP@87-S971S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C<U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)<W-U
M86YC97,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-E='1L96UE;G1S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,Q-BD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q+#(W,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E-A;&5S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#$Q,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S-S0I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<V9E<G,@:6YT
M;R!L979E;"`S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(T,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q.#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&]U="!O9B!L
M979E;"`S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$T,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q.38I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I
M<B!V86QU92!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(L,#DW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPS-3(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG92!I;B!U;G)E86QI
M>F5D(&=A:6YS+RAL;W-S97,I(&9O<B!T:&4@<&5R:6]D(&EN8VQU9&5D(&EN
M(&5A<FYI;F=S(&9O<B!A<W-E=',@<W1I;&P@:&5L9"P@87-S971S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0F5G:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@;&EA8FEL:71I97,\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L,S`Q/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-2PP,SD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E)E86QI>F5D(&=A:6YS+RAL;W-S97,I+"!L:6%B:6QI
M=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#0U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PU-#@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<R!I;F-L
M=61E9"!I;B!E87)N:6YG<RP@;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#@T."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@Q+#4W-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N
M<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@:6YC;'5D960@:6X@3T-)+"!L:6%B
M:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9O<F5I9VX@97AC:&%N9V4@<F5C;V=N:7IE9"!I;B!/
M0TD@;W(@96%R;FEN9W,L(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@S,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0=7)C:&%S97,L
M(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^27-S=6%N8V5S+"!L:6%B:6QI=&EE<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E-E='1L96UE;G1S+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-C(V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$L.#(U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V%L97,L
M(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T
M,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$L,#<V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y4<F%N<V9E<G,@:6YT;R!,979E;"`S+"!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$X-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5')A;G-F97)S(&]U="!O9B!,979E;"`S+"!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+#,P,3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0VAA;F=E(&EN('5N<F5A;&EZ960@9V%I;G,O*&QO<W-E
M<RD@9F]R('1H92!P97)I;V0@:6YC;'5D960@:6X@96%R;FEN9W,@9F]R(&QI
M86)I;&ET:65S('-T:6QL(&AE;&0L(&QI86)I;&ET:65S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$X.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]A
M;G,@4F5C96EV86)L92!;365M8F5R72!\(%9A<FEA8FQE($EN=&5R97-T($5N
M=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D)E9VEN;FEN9R!B86QA;F-E+"!F86ER('9A;'5E
M(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PV,3(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#@X,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H;&]S<V5S
M*2!I;F-L=61E9"!I;B!E87)N:6YG<RP@87-S971S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$X,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V5T=&QE
M;65N=',L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,C(P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(W-2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-A;&5S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#$W-"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D5N9&EN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT,S$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ+#8Q,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0VAA;F=E(&EN('5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@9F]R('1H
M92!P97)I;V0@:6YC;'5D960@:6X@96%R;FEN9W,@9F]R(&%S<V5T<R!S=&EL
M;"!H96QD+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C,Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38V/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;V%N(%)E<'5R8VAA<V4@0V]M;6ET
M;65N=',@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@4')I
M;6%R>2!"96YE9FEC:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S
M($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y"96=I;FYI;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U.3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$L,#@V/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&EN8VQU9&5D
M(&EN(&5A<FYI;F=S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3971T;&5M96YT<RP@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@X.3DI/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,W.3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,U.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^0VAA;F=E(&EN('5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@
M9F]R('1H92!P97)I;V0@:6YC;'5D960@:6X@96%R;FEN9W,@9F]R(&%S<V5T
M<R!S=&EL;"!H96QD+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3=&%T92!A;F0@;75N:6-I
M<&%L(&)O;F1S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@
M06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D)E9VEN;FEN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E)E86QI>F5D(&=A:6YS+RAL;W-S97,I+"!A<W-E=',\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ
M960@9V%I;G,O*&QO<W-E<RD@:6YC;'5D960@:6X@3T-)+"!A<W-E=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4V5T=&QE;65N=',L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V%L97,L(&%S<V5T<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@Q,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1R86YS9F5R<R!I;G1O(&QE=F5L(#,L(&%S<V5T<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#8\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5')A;G-F97)S(&]U="!O9B!L979E;"`S+"!A<W-E=',\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#4R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#$P.2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5N
M9&EN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&;W)E:6=N
M($=O=F5R;FUE;G0@1&5B="!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S
M($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y"96=I;FYI;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4'5R8VAA<V5S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3971T;&5M96YT<RP@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!I;G1O(&QE=F5L(#,L(&%S<V5T<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4<F%N<V9E<G,@;W5T(&]F(&QE=F5L(#,L(&%S<V5T<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5N
M9&EN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;W)P;W)A
M=&4@3V)L:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.
M;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^0F5G:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT.#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C<V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y296%L:7IE9"!G86EN<R\H;&]S<V5S*2P@87-S971S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N
M<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@:6YC;'5D960@:6X@96%R;FEN9W,L
M(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@:6YC;'5D
M960@:6X@3T-)+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX@97AC:&%N9V4@<F5C
M;V=N:7IE9"!I;B!/0TD@;W(@96%R;FEN9W,L(&%S<V5T<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!U<F-H
M87-E<RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-E='1L96UE;G1S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#<I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,38I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y386QE<RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@T."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R."D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!I;G1O(&QE=F5L
M(#,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!O=70@;V8@;&5V96P@,RP@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D-H86YG92!I;B!U;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&9O
M<B!T:&4@<&5R:6]D(&EN8VQU9&5D(&EN(&5A<FYI;F=S(&9O<B!A<W-E=',@
M<W1I;&P@:&5L9"P@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R<&]R871E($]B;&EG871I;VYS
M(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%!R:6UA<GD@
M0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E
M<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0F5G:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT.#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C<X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y296%L:7IE9"!G86EN<R\H;&]S<V5S*2P@87-S971S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L
M:7IE9"!G86EN<R\H;&]S<V5S*2!I;F-L=61E9"!I;B!E87)N:6YG<RP@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,"D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@W*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H;&]S<V5S*2!I;F-L=61E
M9"!I;B!/0TDL(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4V5T=&QE;65N=',L(&%S<V5T<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4V%L97,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-"D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!I;G1O(&QE=F5L
M(#,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!A
M<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#@\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E)E<VED96YT:6%L($UO<G1G86=E($)A8VME9"!!9V5N
M8WD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A
M;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F5G:6YN
M:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V5T=&QE;65N
M=',L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH."D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&EN=&\@;&5V96P@,RP@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y4<F%N<V9E<G,@;W5T(&]F(&QE=F5L(#,L(&%S<V5T<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,CDI/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,3DI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y297-I9&5N=&EA;"!-;W)T9V%G92!"86-K960@3F]N($%G96YC>2!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E
M:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y"96=I;FYI;F<@8F%L
M86YC92P@9F%I<B!V86QU92!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS
M+RAL;W-S97,I(&EN8VQU9&5D(&EN($]#22P@87-S971S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V5T=&QE
M;65N=',L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,BD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!I;G1O(&QE=F5L(#,L(&%S
M<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^5')A;G-F97)S(&]U="!O9B!L979E;"`S+"!A<W-E=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D5N9&EN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E
M<VED96YT:6%L($UO<G1G86=E($)A8VME9"!.;VX@06=E;F-Y(%M-96UB97)=
M('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA
M<GD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A
M;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F5G:6YN
M:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE
M9"!G86EN<R\H;&]S<V5S*2!I;F-L=61E9"!I;B!E87)N:6YG<RP@87-S971S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E-E='1L96UE;G1S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!I
M;G1O(&QE=F5L(#,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!O=70@;V8@;&5V
M96P@,RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU
M92!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y#;VUM97)C:6%L($UO<G1G86=E($)A8VME9"!396-U
M<FET:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD
M($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E
M9VEN;FEN9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,30\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR
M96%L:7IE9"!G86EN<R\H;&]S<V5S*2!I;F-L=61E9"!I;B!/0TDL(&%S<V5T
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4V5T=&QE;65N=',L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,30I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-A;&5S+"!A<W-E
M=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^5')A;G-F97)S(&EN=&\@;&5V96P@,RP@87-S971S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5')A;G-F97)S(&]U="!O9B!L979E;"`S+"!A<W-E=',\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5N9&EN
M9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VUM97)C:6%L
M($UO<G1G86=E($)A8VME9"!396-U<FET:65S(%M-96UB97)=('P@5F%R:6%B
M;&4@26YT97)E<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV
M86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F5G:6YN:6YG(&)A;&%N
M8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H
M;&]S<V5S*2!I;F-L=61E9"!I;B!E87)N:6YG<RP@87-S971S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@S*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-A
M;&5S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(T*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&EN=&\@;&5V96P@,RP@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^16YD:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0VAA;F=E(&EN('5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@9F]R('1H
M92!P97)I;V0@:6YC;'5D960@:6X@96%R;FEN9W,@9F]R(&%S<V5T<R!S=&EL
M;"!H96QD+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D-O;&QA=&5R86QI>F5D($1E8G0@3V)L:6=A
M=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@
M3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F5G
M:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XX,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y296%L
M:7IE9"!G86EN<R\H;&]S<V5S*2P@87-S971S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D
M(&=A:6YS+RAL;W-S97,I(&EN8VQU9&5D(&EN(&5A<FYI;F=S+"!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y5;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&EN8VQU9&5D(&EN($]#
M22P@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y0=7)C:&%S97,L(&%S<V5T<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C8Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3971T
M;&5M96YT<RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@Q-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-RD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-A;&5S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0Q*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4<F%N<V9E<G,@:6YT;R!L979E;"`S+"!A<W-E=',\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS
M9F5R<R!O=70@;V8@;&5V96P@,RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#,P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^16YD:6YG(&)A
M;&%N8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XX-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#:&%N9V4@:6X@=6YR
M96%L:7IE9"!G86EN<R\H;&]S<V5S*2!F;W(@=&AE('!E<FEO9"!I;F-L=61E
M9"!I;B!E87)N:6YG<R!F;W(@87-S971S('-T:6QL(&AE;&0L(&%S<V5T<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0V]L;&%T97)A;&EZ960@1&5B="!/8FQI9V%T:6]N<R!;365M8F5R72!\
M(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS
M(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E9VEN;FEN
M9R!B86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ,C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ
M960@9V%I;G,O*&QO<W-E<RD@:6YC;'5D960@:6X@96%R;FEN9W,L(&%S<V5T
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3`I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@:6YC;'5D960@
M:6X@3T-)+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-E='1L96UE;G1S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E-A;&5S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#@U*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&EN=&\@;&5V96P@,RP@
M87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^5')A;G-F97)S(&]U="!O9B!L979E;"`S+"!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,30I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0VAA;F=E(&EN('5N<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@9F]R('1H
M92!P97)I;V0@:6YC;'5D960@:6X@96%R;FEN9W,@9F]R(&%S<V5T<R!S=&EL
M;"!H96QD+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!!<W-E="!"86-K960@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV
M86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F5G:6YN:6YG(&)A;&%N
M8V4L(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XU.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(V/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS
M+RAL;W-S97,I(&EN8VQU9&5D(&EN($]#22P@87-S971S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!U<F-H
M87-E<RP@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-E='1L96UE;G1S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$R*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4V%L97,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R86YS9F5R<R!I;G1O(&QE=F5L(#,L
M(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5')A;G-F97)S(&]U="!O9B!L979E;"`S+"!A<W-E
M=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(W*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@U/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D]T:&5R($%S<V5T($)A8VME9"!;365M8F5R72!\(%9A<FEA8FQE
M($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B
M;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E9VEN;FEN9R!B86QA;F-E
M+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H
M;&]S<V5S*2!I;F-L=61E9"!I;B!E87)N:6YG<RP@87-S971S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4V5T=&QE;65N=',L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,3`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,30I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y386QE<RP@87-S971S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5')A;G-F97)S(&EN=&\@;&5V96P@,RP@87-S971S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N
M<V9E<G,@;W5T(&]F(&QE=F5L(#,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,3`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5N9&EN9R!B
M86QA;F-E+"!F86ER('9A;'5E(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E(&EN('5N
M<F5A;&EZ960@9V%I;G,O*&QO<W-E<RD@9F]R('1H92!P97)I;V0@:6YC;'5D
M960@:6X@96%R;FEN9W,@9F]R(&%S<V5T<R!S=&EL;"!H96QD+"!A<W-E=',\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#DI/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^365D:75M(%1E<FT@3F]T97,@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!
M8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^0F5G:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@
M;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(P
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V-3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H;&]S<V5S
M(&EN8VQU9&5D(&EN(&5A<FYI;F=S+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F]R
M96EG;B!E>&-H86YG92!R96-O9VYI>F5D(&EN($]#22!O<B!E87)N:6YG<RP@
M;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(V
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D5N9&EN9R!B86QA;F-E+"!F86ER('9A;'5E
M(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M.3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,#,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG92!I;B!U;G)E86QI>F5D(&=A
M:6YS+RAL;W-S97,I(&9O<B!T:&4@<&5R:6]D(&EN8VQU9&5D(&EN(&5A<FYI
M;F=S(&9O<B!L:6%B:6QI=&EE<R!S=&EL;"!H96QD+"!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-BD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^0W)E9&ET($1E<FEV871I=F5S(%M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D)E9VEN;FEN9R!B86QA;F-E+"!F86ER('9A;'5E
M(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M+#$T-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L.3(Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y296%L:7IE9"!G86EN<R\H;&]S
M<V5S*2P@;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0Q-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-30X/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS
M+RAL;W-S97,@:6YC;'5D960@:6X@96%R;FEN9W,L(&QI86)I;&ET:65S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y,#,I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,2PW-S@I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y3971T;&5M96YT<RP@;&EA8FEL:71I97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#0Q-2D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Q+#4T."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1R86YS9F5R<R!I;G1O($QE=F5L(#,L(&QI86)I;&ET:65S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%
M;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!L:6%B:6QI=&EE<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0T/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,2PQ-#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D-H86YG92!I;B!U;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&9O<B!T
M:&4@<&5R:6]D(&EN8VQU9&5D(&EN(&5A<FYI;F=S(&9O<B!L:6%B:6QI=&EE
M<R!S=&EL;"!H96QD+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,C`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T(%)A
M=&4@1&5R:79A=&EV97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.
M;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^0F5G:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@;&EA8FEL:71I
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS+RAL;W-S97,@:6YC;'5D960@:6X@
M96%R;FEN9W,L(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<V9E<G,@;W5T(&]F($QE
M=F5L(#,L(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E(&EN('5N<F5A;&EZ960@
M9V%I;G,O*&QO<W-E<RD@9F]R('1H92!P97)I;V0@:6YC;'5D960@:6X@96%R
M;FEN9W,@9F]R(&QI86)I;&ET:65S('-T:6QL(&AE;&0L(&QI86)I;&ET:65S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@Q."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D]T:&5R($1E<FEV871I=F4@3&EA8FEL:71I97,@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L
M92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0F5G:6YN:6YG(&)A;&%N8V4L
M(&9A:7(@=F%L=64@;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E86QI>F5D(&=A:6YS+RAL
M;W-S97,I+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I;G,O*&QO
M<W-E<R!I;F-L=61E9"!I;B!E87)N:6YG<RP@;&EA8FEL:71I97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#8I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%
M;F1I;F<@8F%L86YC92P@9F%I<B!V86QU92!L:6%B:6QI=&EE<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H
M86YG92!I;B!U;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&9O<B!T:&4@<&5R
M:6]D(&EN8VQU9&5D(&EN(&5A<FYI;F=S(&9O<B!L:6%B:6QI=&EE<R!S=&EL
M;"!H96QD+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T($5N
M=&ET>2!.;W1E<R!;365M8F5R72!\($QI86)I;&ET:65S($]F($-O;G-O;&ED
M871E9"!6:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@
M06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D)E9VEN;FEN9R!B86QA;F-E+"!F86ER('9A;'5E(&QI86)I;&ET:65S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY-#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ+#DS,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R\H;&]S<V5S(&EN8VQU9&5D(&EN
M(&5A<FYI;F=S+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DES<W5A;F-E<RP@;&EA
M8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E-E='1L96UE;G1S+"!L:6%B:6QI=&EE<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C$Q*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#(W-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E-A;&5S+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH-#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2PP
M-S8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<V9E<G,@
M:6YT;R!,979E;"`S+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC
M92P@9F%I<B!V86QU92!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-S,U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.30P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#:&%N9V4@:6X@
M=6YR96%L:7IE9"!G86EN<R\H;&]S<V5S*2!F;W(@=&AE('!E<FEO9"!I;F-L
M=61E9"!I;B!E87)N:6YG<R!F;W(@;&EA8FEL:71I97,@<W1I;&P@:&5L9"P@
M;&EA8FEL:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D-U<G)E;F-Y($1E<FEV871I=F5S(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I
M=F%B;&4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E9VEN;FEN9R!B86QA
M;F-E+"!F86ER('9A;'5E(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<V9E<G,@;W5T
M(&]F($QE=F5L(#,L(&QI86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0W5R<F5N8WD@1&5R:79A
M=&EV97,@6TUE;6)E<ET@?"!,:6%B:6QI=&EE<R!/9B!#;VYS;VQI9&%T960@
M5FEE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,
M;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y"96=I
M;FYI;F<@8F%L86YC92P@9F%I<B!V86QU92!L:6%B:6QI=&EE<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M56YR96%L:7IE9"!G86EN<R\H;&]S<V5S(&EN8VQU9&5D(&EN(&5A<FYI;F=S
M+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,"D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX@97AC:&%N9V4@<F5C;V=N
M:7IE9"!I;B!/0TD@;W(@96%R;FEN9W,L(&QI86)I;&ET:65S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5N
M9&EN9R!B86QA;F-E+"!F86ER('9A;'5E(&QI86)I;&ET:65S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H
M86YG92!I;B!U;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&9O<B!T:&4@<&5R
M:6]D(&EN8VQU9&5D(&EN(&5A<FYI;F=S(&9O<B!L:6%B:6QI=&EE<R!S=&EL
M;"!H96QD+"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,3$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3`I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y097)P971U86P@1&5B="!!
M;F0@17%U:71Y(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O
M=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0F5G:6YN:6YG(&)A;&%N8V4L(&9A:7(@=F%L=64@87-S
M971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$T/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS+RAL;W-S97,I(&EN8VQU9&5D
M(&EN(&5A<FYI;F=S+"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-A;&5S+"!A<W-E=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$S*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5')A;G-F97)S(&EN=&\@;&5V96P@,RP@87-S971S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<V9E<G,@
M;W5T(&]F(&QE=F5L(#,L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^16YD:6YG(&)A;&%N8V4L
M(&9A:7(@=F%L=64@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG92!I;B!U;G)E86QI>F5D
M(&=A:6YS+RAL;W-S97,I(&9O<B!T:&4@<&5R:6]D(&EN8VQU9&5D(&EN(&5A
M<FYI;F=S(&9O<B!A<W-E=',@<W1I;&P@:&5L9"P@87-S971S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@
M("`@(#QT9"!C;VQS<&%N/3-$-3X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1&EN;F5R1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI
M9VX],T1T;W`^6S%=/"]T9#X-"B`@("`@("`@/'1D(&-O;'-P86X],T0T('9A
M;&EG;CTS1'1O<#X\9&EV('AM;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY
M.2]X:'1M;#Y0<FEM87)I;'D@<F5L871E<R!T;R!T:&4@9&5C;VYS;VQI9&%T
M:6]N(&]F(%9)17,N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T
M86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T
M7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N
M="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B
M-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#<V+FAT;6P-"D-O;G1E
M;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E
M;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT
M;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT
M+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS
M8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J
M($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D
M/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)
M1#!%,51!1SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@
M8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY&86ER(%9A;'5E($]F
M($9I;F%N8VEA;"!);G-T<G5M96YT<R`H4F5A;&EZ960@06YD(%5N<F5A;&EZ
M960@1V%I;G,@06YD($QO<W-E<R!);F-L=61E9"!);B!%87)N:6YG<R!097)T
M86EN:6YG(%1O($QE=F5L(#,@07-S971S($%N9"!,:6%B:6QI=&EE<RD@*$1E
M=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES
M92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:"!C;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C
M+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$
M96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M/D1E8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^1F%I<B!686QU92!!<W-E=',@06YD($QI86)I;&ET
M:65S($UE87-U<F5D($]N(%)E8W5R<FEN9R!!;F0@3F]N<F5C=7)R:6YG($)A
M<VES(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&]N(&EN
M<W5R960@9&5R:79A=&EV97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@.3`S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`Q+#<W-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@,2PX-S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O
M;B!F:6YA;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R
M96EG;B!E>&-H86YG93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-S@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XV.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C4U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.970@:6YV97-T;65N="!L;W-S97,@<F5L871E9"!T;R!O=&AE
M<BUT:&%N+71E;7!O<F%R>2!I;7!A:7)M96YT<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,34I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,3`U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V
M96P@,R!;365M8F5R72!\(%1O=&%L($=A:6YS($QO<W-E<R!);F-L=61E9"!)
M;B!%87)N:6YG<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D9A:7(@5F%L=64@07-S971S($%N9"!,:6%B:6QI
M=&EE<R!-96%S=7)E9"!/;B!296-U<G)I;F<@06YD($YO;G)E8W5R<FEN9R!"
M87-I<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN<R`H;&]S<V5S*2!O;B!I
M;G-U<F5D(&1E<FEV871I=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XY,#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ+#<W.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L.#8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y296%L:7IE9"!G86EN<R!A;F0@;W1H97(@
M<V5T=&QE;65N=',@;VX@:6YS=7)E9"!D97)I=F%T:79E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-#0U*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L-30X*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0P-RD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN
M<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V
M86QU92!A;F0@9F]R96EG;B!E>&-H86YG93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@S-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&EN=F5S=&UE;G0@;&]S<V5S(')E
M;&%T960@=&\@;W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#8X*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(')E=F5N
M=65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-#0\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-3,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#`S
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;365M8F5R72!\($-H86YG
M92!);B!5;G)E86QI>F5D($=A:6YS($QO<W-E<R!&;W(@4&5R:6]D($EN8VQU
M9&5D($EN($5A<FYI;F=S($9O<B!!<W-E=',@06YD($QI86)I;&ET:65S(%-T
M:6QL($AE;&0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!!;F0@3&EA8FEL:71I
M97,@365A<W5R960@3VX@4F5C=7)R:6YG($%N9"!.;VYR96-U<G)I;F<@0F%S
M:7,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@;VX@:6YS
M=7)E9"!D97)I=F%T:79E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@X-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XY,C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@
M:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,BD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@V*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L(')E=F5N=65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$V,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C8U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!686QU92!);G!U=',@3&5V96P@,R!;365M8F5R72!\
M(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!0<FEM87)Y($)E;F5F:6-I87)Y
M(%M-96UB97)=('P@5&]T86P@1V%I;G,@3&]S<V5S($EN8VQU9&5D($EN($5A
M<FYI;F=S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^1F%I<B!686QU92!!<W-E=',@06YD($QI86)I;&ET:65S
M($UE87-U<F5D($]N(%)E8W5R<FEN9R!!;F0@3F]N<F5C=7)R:6YG($)A<VES
M(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN
M<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,R*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,W-BD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A
M:7(@5F%L=64@26YP=71S($QE=F5L(#,@6TUE;6)E<ET@?"!687)I86)L92!)
M;G1E<F5S="!%;G1I='D@4')I;6%R>2!"96YE9FEC:6%R>2!;365M8F5R72!\
M($-H86YG92!);B!5;G)E86QI>F5D($=A:6YS($QO<W-E<R!&;W(@4&5R:6]D
M($EN8VQU9&5D($EN($5A<FYI;F=S($9O<B!!<W-E=',@06YD($QI86)I;&ET
M:65S(%-T:6QL($AE;&0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY&86ER(%9A;'5E($%S<V5T<R!!;F0@3&EA
M8FEL:71I97,@365A<W5R960@3VX@4F5C=7)R:6YG($%N9"!.;VYR96-U<G)I
M;F<@0F%S:7,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA
M;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E
M>&-H86YG93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,C8P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XD("@R-S$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT
M4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O
M;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E
M7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970W-RYH=&UL#0I#
M;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#
M;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-
M"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N
M=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX
M)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ
M<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO
M:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED
M/3-$240P15130D<^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^1F%I<B!686QU
M92!/9B!&:6YA;F-I86P@26YS=')U;65N=',@*$=A:6YS($%N9"!,;W-S97,@
M3VX@1F%I<B!686QU92!/<'1I;VX@26YC;'5D960@26X@5&AE($-O;7!A;GDG
M<R!#;VYS;VQI9&%T960@4W1A=&5M96YT<R!/9B!/<&5R871I;VYS*2`H1&5T
M86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E
M('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H(&-O;'-P86X],T0V/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS
M<&%N/3-$,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@
M,C`Q,CQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L92!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M
M96YT<R!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#<X/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`V.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYO;B!6
M87)I86)L92!);G1E<F5S="!%;G1I='D@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!
M;F0@3&]A;G,@4F5C96EV86)L92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S
M97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A;'5E(&%N
M9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XW.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8Y/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-34\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C
M8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.
M970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T
M(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3<U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T
M($5N=&ET>2!;365M8F5R72!\($QO86X@4F5P=7)C:&%S92!#;VUM:71M96YT
M<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N<R!296-E:79A8FQE(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R
M=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-S(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N=',@
M0V%R<FEE9"!!="!&86ER(%9A;'5E(%M-96UB97)=('P@3F]N(%9A<FEA8FQE
M($EN=&5R97-T($5N=&ET>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%C8V]U;G1S($YO=&5S($%N9"!,;V%N
M<R!296-E:79A8FQE(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@
M9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I
M9VX@97AC:&%N9V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9I>&5D($UA='5R:71Y(%-E8W5R:71I97,@2&5L9"!!="!&86ER(%9A;'5E
M("T@5DE%(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N
M=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3`T*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-S0I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U-2D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5S:61E;G1I86P@
M36]R=&=A9V4@3&]A;G,@6TUE;6)E<ET@?"!687)I86)L92!);G1E<F5S="!%
M;G1I='D@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY!8V-O=6YT<R!.;W1E<R!!;F0@3&]A;G,@4F5C96EV86)L
M92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I
M;G-T<G5M96YT<R!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q.#(I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S
M=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,#<I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=
M/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,#<I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^
M6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T
M:&5R($QO86YS(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U
M;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U-BD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^365D:75M(%1E<FT@
M3F]T97,@6TUE;6)E<ET@?"!.;VX@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^06-C;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U
M;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5F%R:6%B;&4@26YT97)E<W0@16YT:71Y($YO=&5S
M(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^06-C
M;W5N=',@3F]T97,@06YD($QO86YS(%)E8V5I=F%B;&4@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE
M="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',@870@
M9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`R-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,34U/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$P-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L
M<W!A;CTS1#<^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ
M73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-B!V86QI9VX],T1T;W`^
M/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^4F5P
M;W)T960@=VET:&EN($YE="!G86EN<R`H;&]S<V5S*2!O9B!F:6YA;F-I86P@
M:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG
M92U6244@;VX@34))02=S(&-O;G-O;&ED871E9"!S=&%T96UE;G1S(&]F(&]P
M97)A=&EO;G,N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$
M=&]P/ELR73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-B!V86QI9VX]
M,T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT
M;6P^4F5P;W)T960@=VET:&EN($YE="!G86EN<R`H;&]S<V5S*2!O9B!F:6YA
M;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E
M>&-H86YG92!O;B!-0DE!)W,@8V]N<V]L:61A=&5D('-T871E;65N=',@;V8@
M;W!E<F%T:6]N<RX\+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A
M8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT
M+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T
M7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-S@N:'1M;`T*0V]N=&5N
M="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N
M="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M
M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M
M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C
M<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@
M1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^
M#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$
M,$553$%'/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C
M;VQS<&%N/3-$,2!R;W=S<&%N/3-$,3X\<W1R;VYG/D9A:7(@5F%L=64@3V8@
M1FEN86YC:6%L($EN<W1R=6UE;G1S("A!9V=R96=A=&4@1F%I<B!686QU92!!
M;F0@4F5M86EN:6YG($-O;G1R86-T=6%L(%!R:6YC:7!A;"!"86QA;F-E($]U
M='-T86YD:6YG($]N($9A:7(@5F%L=64@3W!T:6]N*2`H1&5T86EL*2`H55-$
M("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE
M9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@
M,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C
M+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3F]N(%9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE
M($]F($9A:7(@5F%L=64@3V8@4V5P87)A=&4@06-C;W5N=',@0GD@36%J;W(@
M0V%T96=O<GD@3V8@26YV97-T;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^365D:75M+71E<FT@
M;F]T97,L(&-O;G1R86-T=6%L(&]U='-T86YD:6YG('!R:6YC:7!A;#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R-#(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(W-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^365D:75M
M+71E<FT@;F]T97,L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$Y-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(P,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^365D:75M+71E<FT@;F]T97,L(&1I9F9E<F5N
M8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0U/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A<FEA
M8FQE($EN=&5R97-T($5N=&ET>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F($9A:7(@5F%L
M=64@3V8@4V5P87)A=&4@06-C;W5N=',@0GD@36%J;W(@0V%T96=O<GD@3V8@
M26YV97-T;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;G,@<F5C96EV86)L92P@8V]N=')A
M8W1U86P@;W5T<W1A;F1I;F<@<')I;F-I<&%L/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR+#4P,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(L,#<W/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y687)I86)L92!I;G1E<F5S="!E
M;G1I='D@;F]T97,L(&-O;G1R86-T=6%L(&]U='-T86YD:6YG('!R:6YC:7!A
M;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPU.#0\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#<X-SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3&]A;G,@<F5C96EV86)L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,BPQ-#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#8Q,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F%R:6%B;&4@:6YT97)E<W0@
M96YT:71Y(&YO=&5S+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR+#0W.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(L,S4V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;V%N<R!R96-E:79A8FQE+"!D:69F
M97)E;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-C4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E9A<FEA8FQE(&EN=&5R97-T(&5N=&ET>2!N;W1E<RP@9&EF9F5R96YC93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ,#4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#0S,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5S
M:61E;G1I86P@36]R=&=A9V4@3&]A;G,@6TUE;6)E<ET@?"!687)I86)L92!)
M;G1E<F5S="!%;G1I='D@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!&86ER(%9A;'5E($]F
M(%-E<&%R871E($%C8V]U;G1S($)Y($UA:F]R($-A=&5G;W)Y($]F($EN=F5S
M=&UE;G0@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DQO86YS(')E8V5I=F%B;&4L(&-O;G1R86-T=6%L
M(&]U='-T86YD:6YG('!R:6YC:7!A;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,2PU-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ+#@T-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;G,@<F5C96EV86)L92P@.3`@9&%Y
M<R!O<B!M;W)E('!A<W0@9'5E+"!C;VYT<F%C='5A;"!O=71S=&%N9&EN9R!P
M<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R-SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(S
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3&]A;G,@<F5C96EV86)L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PS-S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#4V,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;G,@<F5C96EV86)L
M92P@.3`@9&%Y<R!O<B!M;W)E('!A<W0@9'5E+"!F86ER('9A;'5E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;V%N<R!R96-E:79A
M8FQE+"!D:69F97)E;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ-S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR.#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DQO86YS(')E8V5I=F%B;&4L(#DP(&1A>7,@;W(@;6]R92!P
M87-T(&1U92P@9&EF9F5R96YC93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3<S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3@Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y/=&AE<B!,;V%N<R!;365M8F5R72!\(%9A<FEA8FQE
M($EN=&5R97-T($5N=&ET>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F($9A:7(@5F%L=64@
M3V8@4V5P87)A=&4@06-C;W5N=',@0GD@36%J;W(@0V%T96=O<GD@3V8@26YV
M97-T;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3&]A;G,@<F5C96EV86)L92P@8V]N=')A8W1U
M86P@;W5T<W1A;F1I;F<@<')I;F-I<&%L/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XW,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DQO86YS(')E8V5I=F%B;&4L(&9A:7(@=F%L=64\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<Q,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]A;G,@<F5C
M96EV86)L92P@9&EF9F5R96YC93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`Q,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X
M=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#
M;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T-SDN:'1M;`T*
M0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*
M0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*
M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O
M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M
M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N
M:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\
M+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I
M9#TS1$E$,$4U1T%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DEN=F5S=&UE
M;G1S("A.87)R871I=F4I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO
M;G,L('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^,3(@36]N=&AS
M($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^<V5C=7)I='D\8G(^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB
M<CYS96-U<FET>3QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY38VAE9'5L92!/9B!);G9E<W1M96YT<R!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!V86QU92!O9B!S96-U<FET:65S(&]N(&1E<&]S:70@=VET:"!V87)I
M;W5S(')E9W5L871O<GD@875T:&]R:71I97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&]F('-E8W5R:71I
M97,@<&QE9&=E9"!A<R!C;VQL871E<F%L/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU,S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XW,S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D-A<V@@86YD(&UO;F5Y(&UA<FME="!S96-U
M<FET:65S('!L961G960@87,@8V]L;&%T97)A;"!U;F1E<B!I;G9E<W1M96YT
M(&%G<F5E;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XD(#(R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y796EG:'1E9"!A=F5R86=E(&-O;G1R86-T=6%L(&UA='5R:71Y
M('!E<FEO9"!I;B!Y96%R<R!F;W(@<V5C=7)I=&EE<R!I;B!A;B!U;G)E86QI
M>F5D(&QO<W,@<&]S:71I;VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/C$S('EE87)S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^,3@@>65A<G,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYU;6)E<B!O9B!S96-U<FET:65S(&EN
M('5N<F5A;&EZ960@;&]S<R!P;W-I=&EO;B!F;W(@82!C;VYT:6YU;W5S(#$R
M(&UO;G1H('!E<FEO9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,30S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E)A=&4@=&AA="!A('-E8W5R:71Y)W,@9F%I<B!V86QU92!I<R!B
M96QO=R!B;V]K('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XU+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1F%I<B!686QU92!"96QO=R!";V]K(%9A;'5E($=R96%T97(@
M5&AA;B!&:79E(%!E<F-E;G0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!);G9E<W1M96YT
M<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3G5M8F5R(&]F('-E8W5R:71I97,@:6X@=6YR96%L:7IE
M9"!L;W-S('!O<VET:6]N(&9O<B!A(&-O;G1I;G5O=7,@,3(@;6]N=&@@<&5R
M:6]D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO
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M>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A
M9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E
M;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4]
M,T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M
M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^
M#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P148S04L^#0H@
M("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q
M(')O=W-P86X],T0Q/CQS=')O;F<^26YV97-T;65N=',@*$%M;W)T:7IE9"!#
M;W-T($%N9"!&86ER(%9A;'5E($]F($%V86EL86)L92U&;W(M4V%L92!A;F0@
M2&5L9"U4;RU-871U<FET>2!);G9E<W1M96YT(%!O<G1F;VQI;W,I("A$971A
M:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I<V4@
M<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$S/&)R
M/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V
M86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^06UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@-BPU,#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#8L.#(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U
M;G)E86QI>F5D(&=A:6YS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR,#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$T-RD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R,CDI/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&]T86P@879A:6QA8FQE+69O<BUS86QE+"!F86ER
M('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#4W,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L-CDR/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A
M:7)M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.3`I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^
M6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,"D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B<W1R86-T
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y!;6]R=&EZ960@8V]S=#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,BPW-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR+#@P,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O
M<W,@=6YR96%L:7IE9"!G86EN<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L
M;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(P,BD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q.#$I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5&]T86P@2&5L9"U4;RU-871U<FET>2P@9F%I
M<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPV,S(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#8U,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(M5&AA;BU496UP;W)A<GD@26UP
M86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R
M<&]R871E($]B;&EG871I;VYS(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E
M<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B<W1R86-T73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!;6]R=&EZ960@8V]S=#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,BPW-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR+#@P,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@
M=6YR96%L:7IE9"!G86EN<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-S<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(P,BD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q.#$I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&]T86P@2&5L9"U4;RU-871U<FET>2P@9F%I<B!V
M86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPV,S(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#8U,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3W1H97(M5&AA;BU496UP;W)A<GD@26UP86ER
M;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\
M+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]N97D@
M36%R:V5T(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B
M;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW.#$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@9V%I
M;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A
M=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C0R,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C<X,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(M
M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^36]N97D@36%R:V5T(%-E8W5R:71I97,@6TUE;6)E
M<ET@?"!687)I86)L92!);G1E<F5S="!%;G1I='D@4')I;6%R>2!"96YE9FEC
M:6%R>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!3
M96-U<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO<G1I>F5D(&-O
M<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!G86EN<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR
M96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L
M(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER
M;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&5R<&5T=6%L($1E8G0@06YD($5Q
M=6ET>2!396-U<FET:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^079A:6QA8FQE
M($9O<B!386QE(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!
M;6]R=&EZ960@8V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!G86EN<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL
M86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(M=&AA;BUT
M96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C=%T\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^06UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8L,#<U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-2PX.3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N
M<F5A;&EZ960@9V%I;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(P.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDV/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,30W*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#(R.2D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@
M=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L,3,V/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2PW-C0\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I
M<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y,"D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$P*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M:7AE9"!-871U<FET:65S(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@
M16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y!;6]R=&EZ960@8V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,BPW-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!(96QD+51O
M+4UA='5R:71Y+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR+#8S,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE
M<R!;365M8F5R72!\(%4@4R!4<F5A<W5R>2!!;F0@1V]V97)N;65N="!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S
M(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO<G1I>F5D(&-O<W0\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8S,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4R.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1W)O<W,@=6YR96%L:7IE9"!G86EN<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L
M:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.2D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L
M(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8V
M-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4S-3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(M=&AA;BUT96UP;W)A<GD@:6UP
M86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX
M960@36%T=7)I=&EE<R!;365M8F5R72!\(%53(%-T871E<R!!;F0@4&]L:71I
M8V%L(%-U8F1I=FES:6]N<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L
M92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M06UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$L-C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PX,S$\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@
M9V%I;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDT/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@X*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#<S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PW,S`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ+#<X,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;
M365M8F5R72!\($9O<F5I9VX@1V]V97)N;65N=',@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY!=F%I;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR.#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ.#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N
M<F5A;&EZ960@9V%I;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Y,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$X.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;
M365M8F5R72!\($-O<G!O<F%T92!/8FQI9V%T:6]N<R!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C
M=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^06UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$L.3@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,2PV.#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R
M;W-S('5N<F5A;&EZ960@9V%I;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@
M;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y,BD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S."D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L(&9A
M:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L.3,V
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PV-C@\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R+71H86XM=&5M<&]R87)Y(&EM
M<&%I<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@X-BD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\(%)E<VED96YT:6%L($UO<G1G
M86=E+4)A8VME9"!!9V5N8WD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B
M;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ+#$Q-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,38W/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D
M(&=A:6YS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-RD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@S,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,3(V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,2PQ-#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE;G1S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D($UA='5R:71I97,@
M6TUE;6)E<ET@?"!297-I9&5N=&EA;"!-;W)T9V%G92U"86-K960@3F]N+4%G
M96YC>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!3
M96-U<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO<G1I>F5D(&-O
M<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4T/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@9V%I;G,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@
M=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R
M+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C4S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#<\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R+71H86XM=&5M<&]R87)Y
M(&EM<&%I<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@0V]M;65R8VEA;"!-;W)T
M9V%G92U"86-K960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B;&4@1F]R
M(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W)T
M:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&=A:6YS/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L
M92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(M=&AA;BUT96UP
M;W)A<GD@:6UP86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\($-O;&QA=&5R86QI
M>F5D($1E8G0@3V)L:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I
M;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,#4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@
M9V%I;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,C$I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH-3<I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@879A:6QA8FQE+69O<BUS86QE+"!F86ER('9A;'5E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$U,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:7AE9"!-871U<FET:65S(%M-96UB
M97)=('P@3W1H97(@07-S970M0F%C:V5D(%M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y!;6]R=&EZ960@8V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@W
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI
M>F5D(&=A:6YS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$R*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3<T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y/=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A:7)M96YT<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1D(&-O;'-P
M86X],T0U/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,5T\
M+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#0@=F%L:6=N/3-$=&]P/CQD
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M:71I97,@<F5P;W)T960@:6X@04]#22X\+V1I=CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM
M+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F
M-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T.#$N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$5%44%'/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,3X\<W1R;VYG/DEN
M=F5S=&UE;G1S("A$:7-T<FEB=71I;VX@0GD@0V]N=')A8W1U86P@36%T=7)I
M='D@3V8@079A:6QA8FQE+49O<BU386QE(&%N9"!(96QD+51O+4UA='5R:71Y
M($EN=F5S=&UE;G1S*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS
M+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY(96QD(%1O
M($UA='5R:71Y(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@2&5L9"U4;RU-
M871U<FET>2P@86UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,BPW-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#(L.#`Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@2&5L9"U4;RU-871U
M<FET>2P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,BPV,S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR+#8U,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L
M92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1'5E(&EN(&]N92!Y96%R
M(&]R(&QE<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@P-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1'5E(&%F=&5R(&]N92!Y96%R('1H<F]U9V@@9FEV92!Y96%R<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PS.#@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1U92!A9G1E<B!F:79E
M('EE87)S('1H<F]U9V@@=&5N('EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XX.#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D1U92!A9G1E<B!T96X@>65A<G,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-#4Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;W)T9V%G92U"86-K960@
M86YD($%S<V5T+4)A8VME9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,2PU,S,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y4;W1A;"!!=F%I;&%B;&4M1F]R+5-A;&4L(&%M;W)T:7IE
M9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#`W-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1'5E(&EN(&]N92!Y96%R(&]R(&QE<W,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C@P-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1'5E(&%F=&5R(&]N92!Y96%R('1H<F]U9V@@9FEV
M92!Y96%R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT,3(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D1U92!A9G1E<B!F:79E('EE87)S('1H<F]U9V@@=&5N('EE87)S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,30\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1U92!A9G1E<B!T96X@
M>65A<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-#DQ/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-
M;W)T9V%G92U"86-K960@86YD($%S<V5T+4)A8VME9#PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PU,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!!=F%I;&%B;&4M1F]R
M+5-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C8L,3,V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y&:7AE9"!-871U<FET:65S(%M-96UB97)=('P@5F%R:6%B
M;&4@26YT97)E<W0@16YT:71Y(%!R:6UA<GD@0F5N969I8VEA<GD@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY(
M96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R;VYG
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$=64@:6X@;VYE
M('EE87(@;W(@;&5S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1'5E(&%F=&5R(&]N92!Y96%R('1H<F]U9V@@9FEV92!Y96%R<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1'5E(&%F=&5R(&9I=F4@
M>65A<G,@=&AR;W5G:"!T96X@>65A<G,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D1U92!A9G1E<B!T96X@>65A<G,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(L-S4W/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;W)T9V%G92U"86-K960@86YD
M($%S<V5T+4)A8VME9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1O=&%L($AE;&0M5&\M36%T=7)I='DL(&%M;W)T:7IE9"!C;W-T/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#<U-SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1'5E(&EN(&]N
M92!Y96%R(&]R(&QE<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D1U92!A9G1E<B!O;F4@>65A<B!T:')O=6=H(&9I=F4@>65A<G,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1U92!A9G1E<B!F:79E
M('EE87)S('1H<F]U9V@@=&5N('EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y$=64@869T97(@=&5N('EE87)S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+#8S,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]R=&=A9V4M0F%C:V5D(&%N
M9"!!<W-E="U"86-K960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4;W1A;"!(96QD+51O+4UA='5R:71Y+"!F86ER('9A;'5E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(L-C,R/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-
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M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@
M("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G
M=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT
M+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H
M:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@
M/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P15-,04L^#0H@("`@("`\
M='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P
M86X],T0Q/CQS=')O;F<^26YV97-T;65N=',@*$=R;W-S(%5N<F5A;&EZ960@
M3&]S<V5S(%)E;&%T960@5&\@079A:6QA8FQE+49O<BU386QE($%N9"!(96QD
M+51O+4UA='5R:71Y($EN=F5S=&UE;G1S*2`H1&5T86EL*2`H55-$("0I/&)R
M/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R
M;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P
M,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q,SQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY!=F%I;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE
M<W,@=&AA;B`Q,B!M;VYT:',L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@.#4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R+#DW.#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<R!T:&%N(#$R(&UO
M;G1H<RP@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,3(X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^,3(@;6]N=&AS(&]R(&QO;F=E<BP@9F%I<B!V
M86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-SD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/C$R(&UO;G1H<R!O<B!L;VYG97(L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-#4I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3`Q*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V
M86EL86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,BPP-S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XS+#0U-SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L92UF
M;W(M<V%L92P@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$T-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@R,CDI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DAE;&0@5&\@36%T=7)I
M='D@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,@=&AA;B`Q,B!M;VYT:',L(&9A
M:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,
M97-S('1H86X@,3(@;6]N=&AS+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O<B!L;VYG
M97(L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C,W,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$L,C0T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO
M<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C`R*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$X,2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4;W1A;"!H96QD+71O+6UA='5R:71Y+"!F86ER('9A;'5E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-S,\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(T-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&AE;&0M
M=&\M;6%T=7)I='DL('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@R,#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,3@Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R<&]R871E($]B;&EG871I
M;VYS(%M-96UB97)=('P@5F%R:6%B;&4@26YT97)E<W0@16YT:71Y(%!R:6UA
M<GD@0F5N969I8VEA<GD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I
M97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N=&AS+"!F86ER('9A;'5E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<R!T:&%N(#$R
M(&UO;G1H<RP@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!F86ER('9A
M;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-S,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(T-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M,3(@;6]N=&AS(&]R(&QO;F=E<BP@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(P,BD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q.#$I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@:&5L
M9"UT;RUM871U<FET>2P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S<S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,2PR-#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!H96QD+71O+6UA='5R:71Y
M+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,C`R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#$X,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!E<G!E='5A;"!$96)T($%N9"!%<75I='D@4V5C
M=7)I=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!
M8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&5S<R!T:&%N(#$R(&UO;G1H<RP@9F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,@=&AA;B`Q,B!M;VYT
M:',L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^,3(@;6]N=&AS(&]R(&QO;F=E<BP@9F%I<B!V86QU93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O
M<B!L;VYG97(L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@
M9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L('5N<F5A;&EZ960@;&]S<V5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T
M=7)I=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!
M8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&5S<R!T:&%N(#$R(&UO;G1H<RP@9F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#0U/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPY-S,\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,@=&AA;B`Q
M,B!M;VYT:',L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#$R."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O<B!L;VYG97(L(&9A
M:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C(P
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-#<Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO<W-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,30U*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$P,2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!A=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(L,#8U/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPT-3(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B
M;&4M9F]R+7-A;&4L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@Q-#<I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,C(Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;
M365M8F5R72!\(%4@4R!4<F5A<W5R>2!!;F0@1V]V97)N;65N="!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V
M86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<R!T:&%N
M(#$R(&UO;G1H<RP@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3DW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N=&AS+"!U;G)E86QI
M>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#DI
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!F86ER('9A;'5E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ-S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R
M+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^5&]T86P@879A:6QA8FQE+69O<BUS86QE+"!F86ER('9A
M;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-S(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-S`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4
M;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L('5N<F5A;&EZ960@;&]S<V5S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#DI/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:7AE9"!-871U
M<FET:65S(%M-96UB97)=('P@55,@4W1A=&5S($%N9"!0;VQI=&EC86P@4W5B
M9&EV:7-I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@
M6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N=&AS+"!F86ER('9A;'5E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,3$R/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S('1H86X@
M,3(@;6]N=&AS+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@V-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O<B!L;VYG97(L(&9A
M:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U-SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0Y
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-RD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@X*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL
M86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,2PQ-C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A
M;&4L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#<S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\($9O
M<F5I9VX@1V]V97)N;65N="!$96)T(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^079A:6QA8FQE($9O<B!386QE
M(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N=&AS+"!F86ER
M('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,V/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,
M97-S('1H86X@,3(@;6]N=&AS+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O<B!L;VYG
M97(L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO<W-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I
M;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R+7-A;&4L
M('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\($-O<G!O<F%T
M92!/8FQI9V%T:6]N<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET
M:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3&5S<R!T:&%N(#$R(&UO;G1H<RP@9F%I<B!V86QU93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#8X/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S@X/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S('1H
M86X@,3(@;6]N=&AS+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@S,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O<B!L;VYG97(L
M(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C@R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO<W-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.3$I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH."D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A
M=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C<Q.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C@W,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L92UF;W(M
M<V%L92P@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#DR*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#,X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1FEX960@36%T=7)I=&EE<R!;365M8F5R72!\
M(%)E<VED96YT:6%L($UO<G1G86=E($)A8VME9"!!9V5N8WD@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I
M;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,@=&AA;B`Q
M,B!M;VYT:',L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-S$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N=&AS+"!U;G)E86QI>F5D
M(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(S*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M,3(@;6]N=&AS(&]R(&QO;F=E<BP@9F%I<B!V86QU93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,S@W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,30T/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R
M+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@9F%I<B!V
M86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#`S/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#4W/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@879A:6QA8FQE+69O<BUS86QE+"!U;G)E86QI>F5D(&QO<W-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-RD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S,2D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D($UA
M='5R:71I97,@6TUE;6)E<ET@?"!297-I9&5N=&EA;"!-;W)T9V%G92!"86-K
M960@3F]N($%G96YC>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET
M:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3&5S<R!T:&%N(#$R(&UO;G1H<RP@9F%I<B!V86QU93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<R!T:&%N
M(#$R(&UO;G1H<RP@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!F86ER
M('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XQ
M,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L
M92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@=6YR
M96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!#;VUM97)C:6%L
M($UO<G1G86=E($)A8VME9"!396-U<FET:65S(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^079A:6QA8FQE($9O
M<B!386QE(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N=&AS
M+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DQE<W,@=&AA;B`Q,B!M;VYT:',L('5N<F5A;&EZ960@;&]S<V5S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C$R(&UO;G1H<R!O
M<B!L;VYG97(L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#XQ,B!M;VYT:',@;W(@;&]N9V5R+"!U;G)E86QI>F5D(&QO
M<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!A=F%I;&%B;&4M9F]R+7-A;&4L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I;&%B;&4M9F]R
M+7-A;&4L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9I>&5D($UA='5R:71I97,@6TUE;6)E<ET@?"!#
M;VQL871E<F%L:7IE9"!$96)T($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^079A:6QA8FQE
M($9O<B!386QE(%-E8W5R:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S('1H86X@,3(@;6]N
M=&AS+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&5S<R!T:&%N(#$R(&UO;G1H<RP@=6YR96%L:7IE9"!L;W-S97,\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XQ,B!M;VYT:',@
M;W(@;&]N9V5R+"!F86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XX,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$R-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^,3(@;6]N=&AS(&]R(&QO;F=E<BP@=6YR96%L:7IE
M9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(Q*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4W
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,S`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I
M;&%B;&4M9F]R+7-A;&4L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@R,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@U-RD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D($UA='5R:71I97,@
M6TUE;6)E<ET@?"!/=&AE<B!!<W-E="!"86-K960@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B;&4@
M1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,@=&AA;B`Q,B!M;VYT
M:',L(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DQE<W,@=&AA;B`Q,B!M;VYT:',L('5N<F5A;&EZ960@;&]S<V5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^,3(@;6]N=&AS
M(&]R(&QO;F=E<BP@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^,3(@;6]N=&AS(&]R(&QO;F=E<BP@=6YR96%L:7IE
M9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$R*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$U
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1O=&%L(&%V86EL86)L92UF;W(M<V%L92P@9F%I<B!V86QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S@\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!A=F%I
M;&%B;&4M9F]R+7-A;&4L('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B0@*#$R*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^)"`H,34I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO
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M8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\
M345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X
M="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA
M=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@
M0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A
M8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14U/0DD^#0H@("`@("`\='(^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X]
M,T0Q/CQS=')O;F<^26YV97-T;65N=',@*$1I<W1R:6)U=&EO;B!/9B!396-U
M<FET:65S($)Y(%!E<F-E;G1A9V4@3V8@1F%I<B!686QU92!"96QO=R!";V]K
M(%9A;'5E($)Y($UO<F4@5&AA;B`U)2!&;W(@02!#;VYT:6YU;W5S(%1W96QV
M92!-;VYT:"!097)I;V0@3W(@3&]N9V5R*2`H1&5T86EL*2`H55-$("0I/&)R
M/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R
M;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P
M,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q,SQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY!=F%I;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;06)S=')A8W1=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I
M>&5D+6UA='5R:71Y('-E8W5R:71I97,@:&5L9"!A<R!A=F%I;&%B;&4M9F]R
M+7-A;&4L(&%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#8L-3`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`V+#@R-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^079A:6QA8FQE($9O<B!386QE(%-E
M8W5R:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L-3<Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-BPV.3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^2&5L9"!4;R!-871U<FET>2!396-U<FET:65S(%M!
M8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^2&5L9"U4;RU-871U<FET>2!396-U<FET:65S($%M;W)T:7IE9"!#
M;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#<U-SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L.#`Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y(96QD+51O+4UA='5R:71Y(%-E8W5R:71I97,@1F%I<B!686QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPV,S(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#8U,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)F=T.R`U
M)2!4;R`Q-24@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B
M<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y097)C96YT86=E($]F($9A:7(@5F%L=64@0F5L;W<@0F]O:R!686QU
M92!-:6YI;75M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU+C`P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4&5R8V5N=&%G92!/9B!&86ER(%9A;'5E($)E;&]W($)O;VL@5F%L=64@
M36%X:6UU;3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34N,#`E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XF9W0[(#4E(%1O(#$U)2!;365M8F5R72!\(%5N<F5A;&EZ960@;&]S<R!P
M;W-I=&EO;B`F9W0[(#$R(&UO;G1H<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET
M:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3G5M8F5R(&]F(&%V86EL86)L92UF;W(M<V%L92!S96-U
M<FET:65S(&EN('5N<F5A;&EZ960@;&]S<R!P;W-I=&EO;CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D+6UA='5R:71Y('-E8W5R
M:71I97,@:&5L9"!A<R!A=F%I;&%B;&4M9F]R+7-A;&4L(&%M;W)T:7IE9"!C
M;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU.#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^079A:6QA
M8FQE($9O<B!386QE(%-E8W5R:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C4S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/DAE;&0@5&\@36%T=7)I='D@4V5C=7)I
M=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DYU;6)E<B!O9B!(96QD+51O+4UA='5R:71Y(%-E8W5R
M:71I97,@:6X@=6YR96%L:7IE9"!L;W-S('!O<VET:6]N/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y(96QD+51O+4UA='5R:71Y(%-E8W5R
M:71I97,@06UO<G1I>F5D($-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DAE;&0M5&\M36%T=7)I='D@4V5C=7)I=&EE<R!&86ER(%9A
M;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XF9W0[(#$U
M)2!4;R`R-24@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B
M<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y097)C96YT86=E($]F($9A:7(@5F%L=64@0F5L;W<@0F]O:R!686QU
M92!-:6YI;75M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-2XP
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E!E<F-E;G1A9V4@3V8@1F%I<B!686QU92!"96QO=R!";V]K(%9A;'5E
M($UA>&EM=6T\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U+C`P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^)F=T.R`Q-24@5&\@,C4E(%M-96UB97)=('P@56YR96%L:7IE9"!L;W-S
M('!O<VET:6]N("9G=#L@,3(@;6]N=&AS/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^079A:6QA8FQE($9O<B!386QE(%-E8W5R
M:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.=6UB97(@;V8@879A:6QA8FQE+69O<BUS86QE('-E
M8W5R:71I97,@:6X@=6YR96%L:7IE9"!L;W-S('!O<VET:6]N/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XU/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&:7AE9"UM871U<FET>2!S96-U
M<FET:65S(&AE;&0@87,@879A:6QA8FQE+69O<BUS86QE+"!A;6]R=&EZ960@
M8V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S@\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%V86EL
M86)L92!&;W(@4V%L92!396-U<FET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XV,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R
M:71I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.=6UB97(@;V8@2&5L9"U4;RU-871U<FET>2!396-U
M<FET:65S(&EN('5N<F5A;&EZ960@;&]S<R!P;W-I=&EO;CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^2&5L9"U4;RU-871U<FET>2!396-U
M<FET:65S($%M;W)T:7IE9"!#;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y(96QD+51O+4UA='5R:71Y(%-E8W5R:71I97,@1F%I<B!6
M86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)F=T.R`R
M-24@5&\@-3`E(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^2&5L9"!4;R!-871U<FET>2!396-U<FET:65S(%M!
M8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4&5R8V5N=&%G92!/9B!&86ER(%9A;'5E($)E;&]W($)O;VL@5F%L
M=64@36EN:6UU;3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C4N
M,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y097)C96YT86=E($]F($9A:7(@5F%L=64@0F5L;W<@0F]O:R!686QU
M92!-87AI;75M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,"XP
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/B9G=#L@,C4E(%1O(#4P)2!;365M8F5R72!\(%5N<F5A;&EZ960@;&]S
M<R!P;W-I=&EO;B`F9W0[(#$R(&UO;G1H<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U
M<FET:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F(&%V86EL86)L92UF;W(M<V%L92!S
M96-U<FET:65S(&EN('5N<F5A;&EZ960@;&]S<R!P;W-I=&EO;CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1FEX960M;6%T=7)I='D@<V5C
M=7)I=&EE<R!H96QD(&%S(&%V86EL86)L92UF;W(M<V%L92P@86UO<G1I>F5D
M(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%V86EL
M86)L92!&;W(@4V%L92!396-U<FET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/DAE;&0@5&\@36%T=7)I='D@4V5C=7)I
M=&EE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DYU;6)E<B!O9B!(96QD+51O+4UA='5R:71Y(%-E8W5R
M:71I97,@:6X@=6YR96%L:7IE9"!L;W-S('!O<VET:6]N/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y(96QD+51O+4UA='5R:71Y(%-E8W5R
M:71I97,@06UO<G1I>F5D($-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C4W-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^2&5L9"U4;RU-871U<FET>2!396-U<FET:65S($9A:7(@
M5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,W,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)F=T
M.R`U,"4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY(96QD(%1O($UA='5R:71Y(%-E8W5R:71I97,@6T%B<W1R
M86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y097)C96YT86=E($]F($9A:7(@5F%L=64@0F5L;W<@0F]O:R!686QU92!-
M:6YI;75M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,"XP,"4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/B9G=#L@-3`E(%M-96UB97)=('P@56YR96%L:7IE9"!L;W-S('!O<VET:6]N
M("9G=#L@,3(@;6]N=&AS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6T%B
M<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y.=6UB97(@;V8@879A:6QA8FQE+69O<BUS86QE('-E8W5R:71I97,@
M:6X@=6YR96%L:7IE9"!L;W-S('!O<VET:6]N/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y&:7AE9"UM871U<FET>2!S96-U<FET:65S(&AE
M;&0@87,@879A:6QA8FQE+69O<BUS86QE+"!A;6]R=&EZ960@8V]S=#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(Y/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!=F%I;&%B;&4@1F]R
M(%-A;&4@4V5C=7)I=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^2&5L9"!4;R!-871U<FET>2!396-U<FET:65S(%M!
M8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3G5M8F5R(&]F($AE;&0M5&\M36%T=7)I='D@4V5C=7)I=&EE<R!I
M;B!U;G)E86QI>F5D(&QO<W,@<&]S:71I;VX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DAE;&0M5&\M36%T=7)I='D@4V5C=7)I=&EE<R!!
M;6]R=&EZ960@0V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^2&5L9"U4;RU-871U<FET>2!396-U<FET:65S($9A:7(@5F%L=64\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R96%T97(@5&AA;B`U
M)2!;365M8F5R72!\(%5N<F5A;&EZ960@;&]S<R!P;W-I=&EO;B`F9W0[(#$R
M(&UO;G1H<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M!8G-T<F%C=%T\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M
M8F5R(&]F(&%V86EL86)L92UF;W(M<V%L92!S96-U<FET:65S(&EN('5N<F5A
M;&EZ960@;&]S<R!P;W-I=&EO;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9I>&5D+6UA='5R:71Y('-E8W5R:71I97,@:&5L9"!A<R!A
M=F%I;&%B;&4M9F]R+7-A;&4L(&%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR-C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%V86EL86)L92!&;W(@4V%L92!3
M96-U<FET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^2&5L9"!4;R!-871U<FET>2!396-U<FET:65S(%M!8G-T<F%C
M=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3G5M8F5R(&]F($AE;&0M5&\M36%T=7)I='D@4V5C=7)I=&EE<R!I;B!U;G)E
M86QI>F5D(&QO<W,@<&]S:71I;VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DAE;&0M5&\M36%T=7)I='D@4V5C=7)I=&EE<R!!;6]R=&EZ
M960@0V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3<U/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y(
M96QD+51O+4UA='5R:71Y(%-E8W5R:71I97,@1F%I<B!686QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`S-S,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H
M=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#
M.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H
M965T<R]3:&5E=#@T+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z
M('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C
M:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-
M151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT
M+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V
M87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#
M;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B
M;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%4D5#2SX-"B`@("`@(#QT<CX-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS
M1#$^/'-T<F]N9SY);G9E<W1M96YT<R`H0W)E9&ET(%)A=&EN9W,@3V8@07-S
M970M0F%C:V5D($%N9"!-;W)T9V%G92U"86-K960@4V5C=7)I=&EE<R!!;F0@
M0V]R<&]R871E($]B;&EG871I;VYS($EN($%V86EL86)L92U&;W(M4V%L92!)
M;G9E<W1M96YT<R!&;W(@5VAI8V@@1F%I<B!686QU92!787,@3&5S<R!4:&%N
M($%M;W)T:7IE9"!#;W-T*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI
M;VYS+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE
M9'5L92!/9B!!=F%I;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`R+#`W,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,RPT-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-#<I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C(Y*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S970M8F%C
M:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^4V-H961U;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R
M:71I97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$Y-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,S*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]R=&=A9V4M8F%C
M:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^4V-H961U;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R
M:71I97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C0T,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$Q*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R<&]R871E($]B
M;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^4V-H961U;&4@3V8@079A:6QA8FQE($9O<B!386QE
M(%-E8W5R:71I97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C<Q.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#DR*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@
M04)3($U"4R!A;F0@0V]R<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H961U
M;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L
M,S4V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,3,V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^36]O9'DG<R!!86$@6TUE;6)E<ET@?"!!
M<W-E="UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R(%-A
M;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S
M<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S
M($%A82!;365M8F5R72!\($UO<G1G86=E+6)A8VME9"!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE
M($]F($%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,3(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^36]O9'DG<R!!86$@6TUE;6)E<ET@?"!#;W)P;W)A
M=&4@3V)L:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R
M(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D
M(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]O
M9'DG<R!!86$@6TUE;6)E<ET@?"!4;W1A;"!!0E,@34)3(&%N9"!#;W)P;W)A
M=&4@3V)L:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R
M(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S$Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D
M(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-RD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUO
M;V1Y<R!!82`Q(%)A=&EN9R!;365M8F5R72!\($%S<V5T+6)A8VME9"!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/E-C:&5D=6QE($]F($%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XU-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;V]D>7,@06$@,2!2871I;F<@6TUE
M;6)E<ET@?"!-;W)T9V%G92UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I
M;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR
M96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DUO;V1Y<R!!82`Q(%)A=&EN9R!;365M8F5R72!\($-O<G!O<F%T92!/
M8FQI9V%T:6]N<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F($%V86EL86)L92!&;W(@4V%L
M92!396-U<FET:65S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S
M<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]O9'ES
M($%A(#$@4F%T:6YG(%M-96UB97)=('P@5&]T86P@04)3($U"4R!A;F0@0V]R
M<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H961U;&4@3V8@079A:6QA8FQE
M($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U.#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L
M:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y-;V]D>2=S($$Q(%M-96UB97)=('P@07-S970M8F%C:V5D(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H
M961U;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S($$Q(%M-96UB97)=('P@36]R=&=A
M9V4M8F%C:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^4V-H961U;&4@3V8@079A:6QA8FQE($9O<B!386QE
M(%-E8W5R:71I97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S($$Q
M(%M-96UB97)=('P@0V]R<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H961U
M;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(P
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S($$Q(%M-96UB97)=('P@5&]T86P@
M04)3($U"4R!A;F0@0V]R<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H961U
M;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S($)A82`Q(%)A=&EN9R!;365M8F5R
M72!\($%S<V5T+6)A8VME9"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F($%V86EL86)L92!&
M;W(@4V%L92!396-U<FET:65S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D
M(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]O
M9'DG<R!"86$@,2!2871I;F<@6TUE;6)E<ET@?"!-;W)T9V%G92UB86-K960@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE
M<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUO;V1Y)W,@0F%A(#$@4F%T:6YG
M(%M-96UB97)=('P@0V]R<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H961U
M;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0P
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DUO;V1Y)W,@0F%A(#$@4F%T:6YG(%M-96UB97)=
M('P@5&]T86P@04)3($U"4R!A;F0@0V]R<&]R871E($]B;&EG871I;VYS(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^4V-H961U;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C0W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E;&]W($EN=F5S=&UE;G0@1W)A
M9&4@6TUE;6)E<ET@?"!!<W-E="UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!
M=F%I;&%B;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V
M86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S
M('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@S,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D)E;&]W($EN=F5S=&UE;G0@1W)A9&4@6TUE;6)E<ET@?"!-
M;W)T9V%G92UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R
M(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L
M;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E;&]W
M($EN=F5S=&UE;G0@1W)A9&4@6TUE;6)E<ET@?"!#;W)P;W)A=&4@3V)L:6=A
M=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R(%-A;&4@4V5C
M=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)E;&]W($EN=F5S=&UE
M;G0@1W)A9&4@6TUE;6)E<ET@?"!4;W1A;"!!0E,@34)3(&%N9"!#;W)P;W)A
M=&4@3V)L:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!!=F%I;&%B;&4@1F]R
M(%-A;&4@4V5C=7)I=&EE<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@
M;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S,2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYO
M="!2871E9"!;365M8F5R72!\($%S<V5T+6)A8VME9"!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE
M($]F($%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M86ER('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'
M<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F]T(%)A=&5D(%M-96UB97)=('P@36]R=&=A9V4M8F%C
M:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^4V-H961U;&4@3V8@079A:6QA8FQE($9O<B!386QE(%-E8W5R
M:71I97,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYO="!2871E9"!;365M
M8F5R72!\($-O<G!O<F%T92!/8FQI9V%T:6]N<R!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F
M($%V86EL86)L92!&;W(@4V%L92!396-U<FET:65S(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER
M('9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O
M<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F]T(%)A=&5D(%M-96UB97)=('P@5&]T86P@04)3($U"
M4R!A;F0@0V]R<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4V-H961U;&4@3V8@
M079A:6QA8FQE($9O<B!386QE(%-E8W5R:71I97,@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,X/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S
M<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XD("@Y,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE
M>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*
M0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D
M,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#@U+FAT;6P-
M"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-
M"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-
M"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#
M;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F
M+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W
M+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^
M/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@
M:60],T1)1#!%6DA!13X-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T<F]N9SY);G9E<W1M
M96YT<R`H079E<F%G92!#<F5D:70@4F%T:6YG<R!&;W(@4V5C=7)I=&EE<R!2
M871E9"!"96QO=R!);G9E<W1M96YT($=R861E(%=I=&AO=70@5&AE($5F9F5C
M="!/9B!&:6YA;F-I86P@1W5A<F%N=&5E<RD@*$1E=&%I;"D@*%531"`D*3QB
M<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T
M<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R
M,#$T/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-E
M="UB86-K960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!);G9E<W1M96YT<R!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1F%I<B!686QU92!/9B!396-U<FET:65S(%)A=&5D($)E;&]W($EN=F5S
M=&UE;G0@1W)A9&4@5VET:&]U="!':79I;F<@169F96-T(%1O($)E;F5F:70@
M3V8@1W5A<F%N=&5E<R!0<F]V:61E9"!">2!&:6YA;F-I86P@1W5A<F%N=&]R
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&5R8V5N
M=&%G92!/9B!396-U<FET:65S(%)A=&5D($)E;&]W($EN=F5S=&UE;G0@1W)A
M9&4@5VET:&]U="!':79I;F<@169F96-T(%1O($)E;F5F:70@3V8@1W5A<F%N
M=&5E<R!0<F]V:61E9"!">2!&:6YA;F-I86P@1W5A<F%N=&]R<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-38N,#`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;W)T9V%G92UB86-K
M960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY38VAE9'5L92!/9B!);G9E<W1M96YT<R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I
M<B!686QU92!/9B!396-U<FET:65S(%)A=&5D($)E;&]W($EN=F5S=&UE;G0@
M1W)A9&4@5VET:&]U="!':79I;F<@169F96-T(%1O($)E;F5F:70@3V8@1W5A
M<F%N=&5E<R!0<F]V:61E9"!">2!&:6YA;F-I86P@1W5A<F%N=&]R<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&5R8V5N=&%G92!/9B!3
M96-U<FET:65S(%)A=&5D($)E;&]W($EN=F5S=&UE;G0@1W)A9&4@5VET:&]U
M="!':79I;F<@169F96-T(%1O($)E;F5F:70@3V8@1W5A<F%N=&5E<R!0<F]V
M:61E9"!">2!&:6YA;F-I86P@1W5A<F%N=&]R<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3`P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R<&]R871E($]B;&EG871I;VYS
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^4V-H961U;&4@3V8@26YV97-T;65N=',@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M5F%L=64@3V8@4V5C=7)I=&EE<R!2871E9"!"96QO=R!);G9E<W1M96YT($=R
M861E(%=I=&AO=70@1VEV:6YG($5F9F5C="!4;R!"96YE9FET($]F($=U87)A
M;G1E97,@4')O=FED960@0GD@1FEN86YC:6%L($=U87)A;G1O<G,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&5R8V5N=&%G92!/9B!3
M96-U<FET:65S(%)A=&5D($)E;&]W($EN=F5S=&UE;G0@1W)A9&4@5VET:&]U
M="!':79I;F<@169F96-T(%1O($)E;F5F:70@3V8@1W5A<F%N=&5E<R!0<F]V
M:61E9"!">2!&:6YA;F-I86P@1W5A<F%N=&]R<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,"XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM
M+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V
M965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E
M=#@V+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP
M<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U
M<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M
M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H
M87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S
M<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO
M/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,]
M,T1R97!O<G0@:60],T1)1#!%,U="23X-"B`@("`@(#QT<CX-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T<F]N
M9SY);G9E<W1M96YT<R`H4V5C=7)I=&EE<R!(96QD($EN(%5N<F5A;&EZ960@
M3&]S<R!0;W-I=&EO;B!!;F0@26YS=7)E9"!">2!&:6YA;F-I86P@1W5A<F%N
M=&]R*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@
M;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,30\8G(^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE
M9'5L92!/9B!);G9E<W1M96YT<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&]T86P@079A:6QA8FQE+49O<BU386QE+"!&86ER
M(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(L,#<Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`S+#0U-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@
M=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#$T-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R,CDI/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y7
M<F%P<&5D(%-E8W5R:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY38VAE9'5L92!/9B!);G9E<W1M96YT<R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@079A:6QA8FQE+49O
M<BU386QE+"!&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ-#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S
M('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@S-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@
M86YD(&QO<W,@861J=7-T;65N="!E>'!E;G-E(')E<V5R=F5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-E="UB86-K960@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!);G9E
M<W1M96YT<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5&]T86P@079A:6QA8FQE+49O<BU386QE+"!&86ER(%9A;'5E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.34\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S,RD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D%S<V5T+6)A8VME9"!;365M8F5R72!\(%=R87!P
M960@4V5C=7)I=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/E-C:&5D=6QE($]F($EN=F5S=&UE;G1S(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!!=F%I;&%B;&4M1F]R+5-A
M;&4L($9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$R,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@=6YR
M96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#,S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<R!A;F0@
M;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@<F5S97)V97,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%S<V5T+6)A8VME9"!;365M8F5R72!\
M(%=R87!P960@4V5C=7)I=&EE<R!;365M8F5R72!\($UB:6$@0V]R<"!!;F0@
M3F%T:6]N86P@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3
M8VAE9'5L92!/9B!);G9E<W1M96YT<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5&]T86P@079A:6QA8FQE+49O<BU386QE+"!&
M86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3,\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#,Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS
M92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S@\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,5TL6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D%S<V5T+6)A8VME9"!;365M8F5R72!\(%=R87!P960@4V5C=7)I=&EE
M<R!;365M8F5R72!\($]T:&5R($EN<W5R97)S(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^4V-H961U;&4@3V8@26YV97-T;65N=',@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L($%V
M86EL86)L92U&;W(M4V%L92P@1F%I<B!686QU93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1W)O<W,@=6YR96%L:7IE9"!L;W-S97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E<G9E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;W)T9V%G92UB86-K
M960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L
M92!/9B!);G9E<W1M96YT<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^5&]T86P@079A:6QA8FQE+49O<BU386QE+"!&86ER(%9A
M;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-#(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A;&EZ960@;&]S
M<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUO<G1G86=E+6)A8VME9"!;365M
M8F5R72!\(%=R87!P960@4V5C=7)I=&EE<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F($EN=F5S=&UE;G1S(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!!=F%I
M;&%B;&4M1F]R+5-A;&4L($9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D=R;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,
M;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;W)T9V%G92UB86-K960@
M6TUE;6)E<ET@?"!7<F%P<&5D(%-E8W5R:71I97,@6TUE;6)E<ET@?"!-8FEA
M($-O<G`@06YD($YA=&EO;F%L(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^4V-H961U;&4@3V8@26YV97-T;65N=',@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L($%V86EL86)L92U&
M;W(M4V%L92P@1F%I<B!686QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@
M97AP96YS92!R97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELQ72Q;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^36]R=&=A9V4M8F%C:V5D(%M-96UB97)=('P@5W)A<'!E9"!3
M96-U<FET:65S(%M-96UB97)=('P@3W1H97(@26YS=7)E<G,@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY38VAE9'5L92!/9B!);G9E<W1M
M96YT<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@079A:6QA8FQE+49O<BU386QE+"!&86ER(%9A;'5E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3&]S<R!A;F0@;&]S<R!A9&IU<W1M96YT(&5X<&5N<V4@<F5S
M97)V97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]R<&]R
M871E($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^4V-H961U;&4@3V8@26YV97-T;65N=',@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L($%V86EL86)L92U&;W(M
M4V%L92P@1F%I<B!686QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-S$Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U
M;G)E86QI>F5D(&QO<W-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH.3(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;&P@3W1H
M97(@4V5C=7)I=&EE<R!;365M8F5R72!\(%=R87!P960@4V5C=7)I=&EE<R!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F
M($EN=F5S=&UE;G1S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y4;W1A;"!!=F%I;&%B;&4M1F]R+5-A;&4L($9A:7(@5F%L=64\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<R!U;G)E86QI>F5D(&QO<W-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W,@86YD(&QO<W,@861J=7-T;65N="!E
M>'!E;G-E(')E<V5R=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D%L;"!/=&AE<B!396-U<FET:65S(%M-96UB97)=('P@5W)A<'!E9"!3
M96-U<FET:65S(%M-96UB97)=('P@36)I82!#;W)P($%N9"!.871I;VYA;"!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F
M($EN=F5S=&UE;G1S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y4;W1A;"!!=F%I;&%B;&4M1F]R+5-A;&4L($9A:7(@5F%L=64\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R;W-S('5N<F5A
M;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E<G9E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ72Q;,ET\+W-U
M<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06QL($]T:&5R
M(%-E8W5R:71I97,@6TUE;6)E<ET@?"!7<F%P<&5D(%-E8W5R:71I97,@6TUE
M;6)E<ET@?"!/=&AE<B!);G-U<F5R<R!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/E-C:&5D=6QE($]F($EN=F5S=&UE;G1S(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!!=F%I;&%B
M;&4M1F]R+5-A;&4L($9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R
M;W-S('5N<F5A;&EZ960@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;W-S
M(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R97-E<G9E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C;VQS<&%N
M/3-$-#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN
M;F5R1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S%=/"]T
M9#X-"B`@("`@("`@/'1D(&-O;'-P86X],T0S('9A;&EG;CTS1'1O<#X\9&EV
M('AM;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y);G-U<F%N
M8V4@;&]S<R!R97-E<G9E(&5S=&EM871E<R!A<F4@8F%S960@;VX@=&AE('!R
M;W!O<G1I;VX@;V8@<&%R('9A;'5E(&]W;F5D('1O('1H92!T;W1A;"!A;6]U
M;G0@;V8@<&%R('9A;'5E(&EN<W5R960N/"]D:78^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@
M("`\=&0@=F%L:6=N/3-$=&]P/ELR73PO=&0^#0H@("`@("`@(#QT9"!C;VQS
M<&%N/3-$,R!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N
M=S,N;W)G+S$Y.3DO>&AT;6P^26YC;'5D97,@:6YV97-T;65N=',@:6YS=7)E
M9"!B>2!-0DE!($-O<G`N(&%N9"!.871I;VYA;"X\+V1I=CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-
M"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV
M,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H
M965T.#<N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D
M+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970]
M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T
M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@
M8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T
M('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@
M*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S
M<STS1')E<&]R="!I9#TS1$E$,$501$%%/@T*("`@("`@/'1R/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R
M;VYG/DEN=F5S=&UE;G1S("A#<F5D:70@3&]S<V5S(%)E8V]G;FEZ960@26X@
M16%R;FEN9W,@4F5L871E9"!4;R!/5%1)($QO<W-E<R!296-O9VYI>F5D($EN
M($%C8W5M=6QA=&5D($]T:&5R($-O;7!R96AE;G-I=F4@26YC;VUE("A,;W-S
M*2D@*$1E=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T
M:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$-CXQ,B!-;VYT:',@16YD960\+W1H/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$S/&)R
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E
M8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^3W1H97(@=&AA;B!T96UP;W)A<GD@:6UP86ER;65N="!C
M<F5D:70@;&]S<V5S9F]R(&%V86EL86)L92!F;W(@<V%L92!S96-U<FET:65S
M(')O;&QF;W)W87)D(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^0F5G:6YN:6YG($)A;&%N8V4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3<U/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`Q.3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#,T,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^061D
M:71I;VYS($9O<B!#<F5D:70@3&]S<R!);7!A:7)M96YT<R!296-O9VYI>F5D
M($EN(%1H92!#=7)R96YT(%!E<FEO9"!/;B!396-U<FET:65S($YO="!0<F5V
M:6]U<R!);7!A:7)E9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^061D:71I;VYS($9O<B!#<F5D:70@3&]S<R!);7!A:7)M96YT<R!2
M96-O9VYI>F5D($EN(%1H92!#=7)R96YT(%!E<FEO9"!/;B!396-U<FET:65S
M(%!R979I;W5S;'D@26UP86ER960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^061D:71I;VYS($9O<B!#<F5D:70@3&]S<R!);7!A:7)M
M96YT<R!296-O9VYI>F5D(&EN(%!R:6]R(%!E<FEO9',@1F]R(%-E8W5R:71I
M97,@5&AA="!797)E(%)E:6UP86ER960@5VET:"!.;VX@0W)E9&ET($-O;7!O
M;F5N="!);B!#=7)R96YT(%!E<FEO9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y2961U8W1I;VYS($9O<B!#<F5D:70@3&]S<R!);7!A
M:7)M96YT<R!0<F5V:6]U<VQY(%)E8V]G;FEZ960@3VX@4V5C=7)I=&EE<R!3
M;VQD($1U<FEN9R!4:&4@4&5R:6]D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@Q-S0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,38I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#$I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y2961U8W1I;VYS($9O<B!#<F5D:70@3&]S
M<R!);7!A:7)M96YT<R!0<F5V:6]U<VQY(%)E8V]G;FEZ960@3VX@4V5C=7)I
M=&EE<R!);7!A:7)E9"!4;R!&86ER(%9A;'5E($1U<FEN9R!4:&4@4&5R:6]D
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,3$I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S
M=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E9'5C=&EO
M;G,@1F]R($EN8W)E87-E<R!);B!#87-H($9L;W=S($5X<&5C=&5D(%1O($)E
M($-O;&QE8W1E9"!/=F5R(%1H92!296UA:6YI;F<@3&EF92!/9B!4:&4@4V5C
M=7)I='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%
M;F1I;F<@0F%L86YC93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`Q-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3<U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q.3<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-SX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R1F]O=&YO=&4^
M#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S%=/"]T9#X-"B`@("`@("`@
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M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*
M/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q
M95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO
M+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R
M:W-H965T<R]3:&5E=#@X+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I
M;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL
M.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@
M(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T
M97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O
M:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI
M<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\
M=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%2$I!0SX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A
M;CTS1#(^/'-T<F]N9SY);G9E<W1M96YT<R`H3F5T(%)E86QI>F5D($=A:6YS
M("A,;W-S97,I($9R;VT@4V%L97,@3V8@079A:6QA8FQE+49O<BU386QE(%-E
M8W5R:71I97,I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N
M;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\
M=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN=F5S=&UE;G1S(%M!8G-T
M<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4')O8V5E9',@9G)O;2!S86QE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`W-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$L-S(V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`T+#8U.#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B
M;&4@1F]R(%-A;&4@4V5C=7)I=&EE<R!296%L:7IE9"!'86EN($QO<W,@6T%B
M<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y'<F]S<R!R96%L:7IE9"!G86EN<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XU-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$Y-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1W)O<W,@<F5A;&EZ960@;&]S<V5S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B0@*#$U*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^)"`H,CDI/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XD("@Q,C<I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^
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M("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E
M(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T
M('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.
M;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@
M/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14].
M04<^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P
M86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^1&5R:79A=&EV92!);G-T<G5M
M96YT<R`H3F%R<F%T:79E*2`H1&5T86EL*2`H55-$("0I/&)R/CPO<W1R;VYG
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/C$R
M($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^/"]T
M:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A
M=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^36%X:6UU;2!A;6]U;G0@;V8@9G5T=7)E(&=U87)A
M;G1E92!P87EM96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`Y+#<P,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G-U<F5D(&1E<FEV871I=F5S(&-E9&5D('5N
M9&5R(')E:6YS=7)A;F-E(&%G<F5E;65N=',\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$S+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-A<V@@8V]L;&%T97)A;"!P;W-T
M960@=&\@9&5R:79A=&EV92!C;W5N=&5R<&%R=&EE<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3(L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V,"PP,#`L,#`P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y396-U
M<FET:65S('!O<W1E9"!A<R!C;VQL871E<F%L('1O(&1E<FEV871I=F4@8V]U
M;G1E<G!A<G1I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y
M."PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#(L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F(&-R961I="!S=7!P;W)T
M(&%N;F5X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M86ER('9A;'5E(&]F($-R961I="!3=7!P;W)T($%N;F5X/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#`P,"PP,#`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N
M="!O9B!C;W5N=&5R<&%R='D@;F5T=&EN9SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^.#$L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C0R+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@
M87-S971S+"!A9G1E<B!C;W5N=&5R<&%R='D@;F5T=&EN9SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S+#`P,"PP,#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T
M:&5R(&%S<V5T<R!A;F0@;W1H97(@87-S971S(&]F(&-O;G-O;&ED871E9"!6
M245S+"!A9G1E<B!C;W5N=&5R<&%R='D@;F5T=&EN9R!A;F0@96UB961D960@
M<F5C;&%S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPP,#`L
M,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y#;W5N=&5R<&%R='D@;F5T=&EN9SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^.#$L,#`P+#`P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0R+#`P,"PP,#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E
M<FEV871I=F4@;&EA8FEL:71I97,L(&%F=&5R(&-O=6YT97)P87)T>2!N971T
M:6YG(&%N9"!P;W-T:6YG(&]F(&-A<V@@8V]L;&%T97)A;#PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-#4V+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(P,"PP,#`L,#`P
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y$97)I=F%T:79E(&QI86)I;&ET:65S(&%N9"!D97)I=F%T:79E(&QI86)I
M;&ET:65S(&]F(&-O;G-O;&ED871E9"!6245S+"!A9G1E<B!C;W5N=&5R<&%R
M='D@;F5T=&EN9R!A;F0@96UB961D960@<F5C;&%S<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#,W+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA
M8FEL:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87-H(&-O;&QA
M=&5R86P@<&]S=&5D('1O(&1E<FEV871I=F4@8V]U;G1E<G!A<G1I97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,C,L,#`P+#`P,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H
M97(@3&EA8FEL:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87-H
M(&-O;&QA=&5R86P@<&]S=&5D('1O(&1E<FEV871I=F4@8V]U;G1E<G!A<G1I
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R+#`P,"PP,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M-BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y/=&AE<B!!<W-E=',@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE
M($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y#87-H(&-O;&QA=&5R86P@<&]S=&5D('1O(&1E<FEV871I=F4@8V]U
M;G1E<G!A<G1I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q
M+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DUE9&EU;2!497)M($YO=&5S($%N9"!/=&AE<B!);G9E<W1M
M96YT<R!;365M8F5R72!\($5M8F5D9&5D(%M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^16UB961D960@9&5R:79A=&EV92!A<W-E=',\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C@L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDL,#`P+#`P,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@
M9&5R:79A=&EV92!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`Q.2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q.2PP,#`L,#`P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-
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M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@
M("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G
M=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT
M+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H
M:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@
M/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14@S1$D^#0H@("`@("`\
M='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P
M86X],T0R/CQS=')O;F<^1&5R:79A=&EV92!);G-T<G5M96YT<R`H0W)E9&ET
M($1E<FEV871I=F5S(%-O;&0I("A$971A:6PI("A);G-U<F%N8V4@3W!E<F%T
M:6]N<R!;365M8F5R72P@55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@
M;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/C$R($UO;G1H<R!%;F1E9#PO=&@^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R
M:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,3,L-3(U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`R."PY,S4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&9A:7(@=F%L=64@
M;V8@8W)E9&ET(&1E<FEV871I=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@R-#8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,2PQ-3(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@1&5F875L="!3=V%P(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5V5I9VAT960@879E<F%G92!R96UA:6YI
M;F<@97AP96-T960@;6%T=7)I='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/C$@>65A<B`W(&UO;G1H<R`V(&1A>7,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XR('EE87)S(#<@;6]N=&AS
M(#8@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/CDL-#@Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,L.34T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!F86ER
M('9A;'5E(&]F(&-R961I="!D97)I=F%T:79E<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,C0T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$L,3,R*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)E9"!3=V%P<R!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D1E<FEV871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D(&%V97)A9V4@<F5M86EN
M:6YG(&5X<&5C=&5D(&UA='5R:71Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#XQ-B!Y96%R<R`X(&UO;G1H<R`Q,B!D87ES/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^,3@@>65A<G,@-B!M
M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-"PP-#0\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#DT-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@
M9F%I<B!V86QU92!O9B!C<F5D:70@9&5R:79A=&EV97,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R($-R961I="!$97)I=F%T
M:79E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D(&%V97)A
M9V4@<F5M86EN:6YG(&5X<&5C=&5D(&UA='5R:71Y/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#XR."!Y96%R<R`P(&UO;G1H<R`P(&1A>7,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E
M<FEV871I=F4@;F]T:6]N86P@86UO=6YT/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&9A:7(@=F%L=64@;V8@8W)E9&ET(&1E
M<FEV871I=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,34I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y#<F5D:70@4F%T:6YG($%A82!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D1E<FEV871I=F4@;F]T:6]N86P@86UO=6YT/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XV+#DQ-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C<L-#`V/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!F86ER('9A;'5E(&]F
M(&-R961I="!D97)I=F%T:79E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0W)E9&ET(%)A=&EN9R!!86$@6TUE;6)E<ET@?"!#<F5D
M:70@1&5F875L="!3=V%P(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R
M:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C8L.3$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-RPT,#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!2871I;F<@06%A(%M-96UB
M97)=('P@26YS=7)E9"!3=V%P<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D1E<FEV871I=F4@;F]T:6]N86P@86UO=6YT/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^0W)E9&ET(%)A=&EN9R!!86$@6TUE;6)E<ET@
M?"!/=&AE<B!#<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!2871I;F<@06$@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M
M;W5N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S8S/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPP-#D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E1O=&%L(&9A:7(@=F%L=64@;V8@8W)E9&ET(&1E<FEV871I=F5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0W)E9&ET(%)A=&EN9R!!
M82!;365M8F5R72!\($-R961I="!$969A=6QT(%-W87`@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T
M:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PY-S(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!2
M871I;F<@06$@6TUE;6)E<ET@?"!);G-U<F5D(%-W87!S(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A
M=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@4F%T
M:6YG($%A(%M-96UB97)=('P@3W1H97(@0W)E9&ET($1E<FEV871I=F5S(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A
M;6]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D
M:70@4F%T:6YG($$@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T
M:79E(&YO=&EO;F%L(&%M;W5N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,RPY,#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT+#,U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5&]T86P@9F%I<B!V86QU92!O9B!C<F5D:70@
M9&5R:79A=&EV97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D-R961I="!2871I;F<@02!;365M8F5R72!\($-R961I="!$969A=6QT
M(%-W87`@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO
M=&EO;F%L(&%M;W5N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.38X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,2PP-C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D-R961I="!2871I;F<@02!;365M8F5R72!\($EN<W5R960@
M4W=A<',@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO
M=&EO;F%L(&%M;W5N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,BPY,S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS+#(X,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0W)E9&ET(%)A=&EN9R!!(%M-96UB97)=('P@3W1H97(@
M0W)E9&ET($1E<FEV871I=F5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@4F%T:6YG($)B8B!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV
M871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@;F]T:6]N86P@86UO=6YT/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#$V,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDL,3,X/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!F86ER('9A;'5E(&]F(&-R961I="!D97)I=F%T:79E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@W."D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!2871I;F<@0F)B
M(%M-96UB97)=('P@0W)E9&ET($1E9F%U;'0@4W=A<"!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I
M=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@;F]T:6]N86P@86UO=6YT/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.3,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW+#4U,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0W)E9&ET(%)A
M=&EN9R!"8F(@6TUE;6)E<ET@?"!);G-U<F5D(%-W87!S(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A
M=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDW,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-3@V/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@
M4F%T:6YG($)B8B!;365M8F5R72!\($]T:&5R($-R961I="!$97)I=F%T:79E
M<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\
M<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@;F]T:6]N
M86P@86UO=6YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M0W)E9&ET(%)A=&EN9R!"96QO=R!);G9E<W1M96YT($=R861E(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R
M:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,3@R/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2PY.3(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L(&9A:7(@=F%L=64@;V8@8W)E9&ET(&1E<FEV871I=F5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-#`I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2PP-CDI/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@4F%T
M:6YG($)E;&]W($EN=F5S=&UE;G0@1W)A9&4@6TUE;6)E<ET@?"!#<F5D:70@
M1&5F875L="!3=V%P(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A
M=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$L,38P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-2PY-38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!2871I;F<@0F5L;W<@26YV97-T
M;65N="!'<F%D92!;365M8F5R72!\($EN<W5R960@4W=A<',@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I
M=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#<F5D:70@4F%T
M:6YG($)E;&]W($EN=F5S=&UE;G0@1W)A9&4@6TUE;6)E<ET@?"!/=&AE<B!#
M<F5D:70@1&5R:79A=&EV97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$
M97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM
M+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E
M965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T
M.3$N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE
M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA
M<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R
M8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\
M+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS
M1')E<&]R="!I9#TS1$E$,$5"3D))/@T*("`@("`@/'1R/@T*("`@("`@("`\
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M871E9"!A<R!(961G:6YG($EN<W1R=6UE;G0@6TUE;6)E<ETL(%531"`D*3QB
M<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T
M<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$
M,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U
M;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,34L.#,Y/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`S,2PS,38\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA8FEL:71I97,@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y$97)I=F%T:79E($QI86)I;&ET:65S+"!.;W0@9&5S:6=N
M871E9"P@1F%I<B!686QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-3,W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@Q+#,T-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1&5R:79A=&EV92!!<W-E=',@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I
M=F%T:79E($%S<V5T<RP@3F]T(&1E<VEG;F%T960L($9A:7(@5F%L=64\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDQ/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<F5S="!2871E
M(%-W87`@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT-3`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#0Y-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YT97)E<W0@4F%T92!3=V%P(%M-96UB97)=('P@1&5R
M:79A=&EV92!,:6%B:6QI=&EE<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV
M871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA
M8FEL:71I97,L($YO="!D97-I9VYA=&5D+"!&86ER(%9A;'5E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-#@I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-C4I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T(%)A=&4@
M4W=A<"!;365M8F5R72!\($]T:&5R($%S<V5T<R!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D1E<FEV871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV
M871I=F4@07-S971S+"!.;W0@9&5S:6=N871E9"P@1F%I<B!686QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-R961I="!$969A=6QT
M(%-W87`@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.2PT.#$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR,RPY-30\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-R961I="!$969A=6QT(%-W87`@6TUE;6)E<ET@?"!$
M97)I=F%T:79E($QI86)I;&ET:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R
M:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!,
M:6%B:6QI=&EE<RP@3F]T(&1E<VEG;F%T960L($9A:7(@5F%L=64\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(T-"D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L,3,R*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F5D(%-W
M87!S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0L,#0T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-"PY-#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DEN<W5R960@4W=A<',@6TUE;6)E<ET@?"!$97)I=F%T:79E
M($QI86)I;&ET:65S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!,:6%B:6QI=&EE
M<RP@3F]T(&1E<VEG;F%T960L($9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<F5S="!2871E(%-W87!S($5M8F5D
M9&5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0S-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C0Y-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^26YT97)E<W0@4F%T92!3=V%P<R!%;6)E9&1E9"!;365M8F5R72!\
M($UE9&EU;2!497)M($YO=&5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A
M=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!!<W-E
M=',L($YO="!D97-I9VYA=&5D+"!&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA8FEL:71I97,L($YO
M="!D97-I9VYA=&5D+"!&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Q.2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#$Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y#=7)R96YC>2!3=V%P<R!6:64@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y$97)I=F%T:79E(&YO=&EO;F%L(&%M;W5N=#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^.3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XY.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0W5R<F5N8WD@
M4W=A<',@5FEE(%M-96UB97)=('P@1&5R:79A=&EV92!,:6%B:6QI=&EE<R!6
M($D@12!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D1E<FEV871I=F4@3&EA8FEL:71I97,L($YO="!D
M97-I9VYA=&5D+"!&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06QL
M($]T:&5R(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@S/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D%L;"!/=&AE<B!;365M8F5R72!\($1E<FEV871I=F4@3&EA8FEL
M:71I97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E($QI86)I;&ET:65S+"!.;W0@
M9&5S:6=N871E9"P@1F%I<B!686QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,C0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Q-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^06QL($]T:&5R(%8@22!%(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&5R
M:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C(T,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06QL($]T:&5R($5M
M8F5D9&5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!N;W1I;VYA;"!A;6]U;G0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#4^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@
M("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@("`@("`@(#QT9"!C
M;VQS<&%N/3-$-"!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W
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M92!R96QA=&5D(&AO<W0@8V]N=')A8W0\+V1I=CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM
M+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F
M-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T.3(N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$5&1$))/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@
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M/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A
M;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q
M,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R
M,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D1E<FEV871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN+RAL;W-S*2!R96-O
M9VYI>F5D(&EN(&EN8V]M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`S.3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#,R-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,2PT-#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@1V%I;G,@3&]S<V5S
M($]N($EN<W5R960@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!#<F5D:70@1&5F
M875L="!3=V%P(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6XO
M*&QO<W,I(')E8V]G;FEZ960@:6X@:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XX.#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ+#<R-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L.#0W/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D($=A:6YS
M($QO<W-E<R!/;B!);G-U<F5D($1E<FEV871I=F5S(%M-96UB97)=('P@06QL
M($]T:&5R(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6XO*&QO
M<W,I(')E8V]G;FEZ960@:6X@:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@1V%I;G,@3&]S<V5S($]N
M($EN<W5R960@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!);G-U<F5D(%-W87!S
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6XO*&QO<W,I(')E
M8V]G;FEZ960@:6X@:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y296%L:7IE9"!'86EN<R!,;W-S97,@06YD($]T:&5R(%-E='1L
M96UE;G1S($]N($EN<W5R960@1&5R:79A=&EV97,@6TUE;6)E<ET@?"!#<F5D
M:70@1&5F875L="!3=V%P(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A=&EV92!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T
M(&=A:6XO*&QO<W,I(')E8V]G;FEZ960@:6X@:6YC;VUE/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@T,3,I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2PU-#4I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#`V*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5A;&EZ960@
M1V%I;G,@3&]S<V5S($%N9"!/=&AE<B!3971T;&5M96YT<R!/;B!);G-U<F5D
M($1E<FEV871I=F5S(%M-96UB97)=('P@06QL($]T:&5R(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5R:79A
M=&EV92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3F5T(&=A:6XO*&QO<W,I(')E8V]G;FEZ960@:6X@
M:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S,2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O
M<F5I9VX@17AC:&%N9V4@06YD($]T:&5R($1E<FEV871I=F4@1FEN86YC:6%L
M($EN<W1R=6UE;G1S(%M-96UB97)=('P@3F]N($EN<W5R960@0W)E9&ET($1E
M9F%U;'0@4W=A<',@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I
M;B\H;&]S<RD@<F5C;V=N:7IE9"!I;B!I;F-O;64\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y&;W)E:6=N($5X8VAA;F=E($%N9"!/=&AE
M<B!$97)I=F%T:79E($9I;F%N8VEA;"!);G-T<G5M96YT<R!;365M8F5R72!\
M($EN=&5R97-T(%)A=&4@4W=A<"!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DYE="!G86EN+RAL;W-S*2!R96-O9VYI>F5D(&EN(&EN8V]M93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-S@I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@W-2D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX@17AC
M:&%N9V4@06YD($]T:&5R($1E<FEV871I=F4@1FEN86YC:6%L($EN<W1R=6UE
M;G1S(%M-96UB97)=('P@0W5R<F5N8WD@4W=A<"!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DYE="!G86EN+RAL;W-S*2!R96-O9VYI>F5D(&EN(&EN8V]M
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&;W)E:6=N
M($5X8VAA;F=E($%N9"!/=&AE<B!$97)I=F%T:79E($9I;F%N8VEA;"!);G-T
M<G5M96YT<R!;365M8F5R72!\($%L;"!/=&AE<B!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@
M6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DYE="!G86EN+RAL;W-S*2!R96-O9VYI>F5D(&EN(&EN8V]M
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&;W)E:6=N
M($5X8VAA;F=E($%N9"!/=&AE<B!$97)I=F%T:79E($9I;F%N8VEA;"!);G-T
M<G5M96YT<R!!='1R:6)U=&%B;&4@5&\@5B!)($4@6TUE;6)E<ET@?"!.;VX@
M26YS=7)E9"!#<F5D:70@1&5F875L="!3=V%P<R!6($D@12!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV
M871I=F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN+RAL;W-S*2!R96-O9VYI>F5D(&EN
M(&EN8V]M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O
M<F5I9VX@17AC:&%N9V4@06YD($]T:&5R($1E<FEV871I=F4@1FEN86YC:6%L
M($EN<W1R=6UE;G1S($%T=')I8G5T86)L92!4;R!6($D@12!;365M8F5R72!\
M($EN=&5R97-T(%)A=&4@4W=A<',@5B!)($4@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$97)I=F%T:79E(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.970@9V%I;B\H;&]S<RD@<F5C;V=N:7IE9"!I;B!I;F-O;64\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-34\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX@
M17AC:&%N9V4@06YD($]T:&5R($1E<FEV871I=F4@1FEN86YC:6%L($EN<W1R
M=6UE;G1S($%T=')I8G5T86)L92!4;R!6($D@12!;365M8F5R72!\($-U<G)E
M;F-Y(%-W87!S(%9I92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D1E<FEV871I=F4@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!G
M86EN+RAL;W-S*2!R96-O9VYI>F5D(&EN(&EN8V]M93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#0I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&;W)E:6=N($5X8VAA;F=E($%N
M9"!/=&AE<B!$97)I=F%T:79E($9I;F%N8VEA;"!);G-T<G5M96YT<R!!='1R
M:6)U=&%B;&4@5&\@5B!)($4@6TUE;6)E<ET@?"!!;&P@3W1H97(@5B!)($4@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY$97)I=F%T:79E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;B\H;&]S<RD@<F5C
M;V=N:7IE9"!I;B!I;F-O;64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^)"`H,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'10
M87)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N
M=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?
M86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#DS+FAT;6P-"D-O
M;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O
M;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*
M/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT
M96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G
M/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS
M/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H
M96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60]
M,T1)1#!%3EI"1SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY$96)T("A.87)R
M871I=F4I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S
M<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#0^,3(@36]N=&AS($5N9&5D/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#$^/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q,SQB
M<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y*86XN(#$V+"`R,#`X
M/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06=G
M<F5G871E('!R:6YC:7!A;"!A;6]U;G0@:6X@97AC97-S(&]F('-T871E9"!A
M;6]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B`Q,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4W5R<&QU<R!N;W1E<R!O=71S=&%N9&EN9SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.30P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY-#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,#`P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3=7)P;'5S(&YO
M=&5S('!U<F-H87-E9"!A="!P87(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y396YI;W(@;F]T97,@
M870@<&%R('9A;'5E(&]W;F5D(&)Y($YA=&EO;F%L/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-U<G!L=7,@
M;F]T97,@<F5P=7)C:&%S960@870@;W5T<W1A;F1I;F<@<&%R('9A;'5E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4W5R<&QU<R!N;W1E<RP@=V5I9VAT960@879E<F%G92!P<FEC92!P97(@
M=6YI=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-S<N,#@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DQO;F<M=&5R;2!D96)T/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XU.3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XU.3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DU"24$@26YC
M(%-E;FEO<B!.;W1E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E8G0@26YS=')U
M;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06-C<G5E9"!I;G1E<F5S
M=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DU"24$@0V]R<"!3=7)P;'5S($YO=&5S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1&5B="!);G-T<G5M96YT(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y,;VYG+71E<FT@9&5B="P@:6YT97)E<W0@<F%T93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,30N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E
M<F5S="!R871E('1E<FUS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#YI;G1E<F5S="!R871E(&]F(#$T)2!U;G1I;"!*86YU87)YPJ`Q-2P@,C`Q
M,R!A;F0@=&AE<F5A9G1E<B!H879E(&%N(&EN=&5R97-T(')A=&4@;V8@=&AR
M964M;6]N=&@@3$E"3U(@<&QU<R`Q,2XR-B4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E
M8G0@:6YS=')U;65N="P@8F%S92!R969E<F5N8V4@<F%T93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^=&AR964M;6]N=&@@3$E"3U(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D1E8G0@:6YS=')U;65N="P@8F%S:7,@<W!R96%D(&]N('9A
M<FEA8FQE(')A=&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q
M+C(V)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^365D:75M(%1E<FT@3F]T97,@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY$96)T($EN<W1R=6UE;G0@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D%N;G5A;"!I;G1E<F5S="!R871E<RP@;6EN:6UU;3PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^06YN=6%L(&EN=&5R97-T(')A=&5S+"!M87AI;75M/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY+C`X)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C@N.3,E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y796EG:'1E9"!A=F5R86=E(&EN=&5R97-T(')A=&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(N-#0E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,BXV-R4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DUE9&EU;2!497)M($YO=&5S(%M-96UB97)=('P@0V]N9'5I=',@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY$96)T($EN<W1R=6UE;G0@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!A<B!V86QU92!R961E96UE9#PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3(Y/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG
M:'1E9"!A=F5R86=E('!E<F-E;G0@;V8@<&%R/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XY-RXP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUE9&EU;2!4
M97)M($YO=&5S(%M-96UB97)=('P@1VQO8F%L($9U;F1I;F<@3&EM:71E9"!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4&%R('9A;'5E(')E9&5E;65D/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#X@,3(R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG
M:'1E9"!A=F5R86=E('!E<F-E;G0@;V8@<&%R/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XY."XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE
M;G0@06=R965M96YT($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M1&5B="!);G-T<G5M96YT(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;FYU
M86P@:6YT97)E<W0@<F%T97,L(&UI;FEM=6T\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,N-#@E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,"XR,24\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%N;G5A
M;"!I;G1E<F5S="!R871E<RP@;6%X:6UU;3PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-RXS."4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XW+C,X)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V5I9VAT
M960@879E<F%G92!I;G1E<F5S="!R871E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU+C4P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C4N,3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\
M=&0@8V]L<W!A;CTS1#8^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$
M=&]P/ELQ73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-2!V86QI9VX]
M,T1T;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT
M;6P^0V%L;&%B;&4@;VX@;W(@869T97(@2F%N=6%R>2`Q-2P@,C`Q."!A;F0@
M979E<GD@9FEF=&@@86YN:79E<G-A<GD@=&AE<F5A9G1E<B!A="`Q,#`N,#`N
M/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B
M;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB
M8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@
M9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T
M,V0O5V]R:W-H965T<R]3:&5E=#DT+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M
M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X
M="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D
M/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N
M=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS
M1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO
M=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-
M"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%4DM!23X-"B`@
M("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@
M<F]W<W!A;CTS1#(^/'-T<F]N9SY$96)T("A,;VYG+51E<FT@1&5B="D@*$1E
M=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES
M92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:"!C;VQS<&%N/3-$,CXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CX\+W1H/@T*("`@("`@("`\
M=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3X\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS
M1#(^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1H/DIA;BX@,38L(#(P,#@\8G(^/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5B="!);G-T<G5M
M96YT(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@9&5B="P@
M9W)O<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-3DR/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U.3(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-U<G!L=7,@;F]T97,@;W5T<W1A;F1I;F<\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDT,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.30P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S
M=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#`P,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#@Q,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-S`R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#XV+C0P,"4@4V5N:6]R($YO=&5S($1U92`R,#(R
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5B="!);G-T<G5M96YT(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@9&5B="P@9W)O<W,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(V-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO;F<M=&5R;2!D96)T
M+"!I;G1E<F5S="!R871E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XV+C0P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&UA='5R
M:71Y('EE87(\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/C(P,C(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DEN:71I86P@0V%L;&%B;&4@9&%T93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^075G(#$U+`T*"0DR,#`V/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#XW+C`P,"4@1&5B96YT=7)E<R!$=64@,C`R-2!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&=R;W-S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XU-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C4V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E
M<FT@9&5B="P@:6YT97)E<W0@<F%T93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-RXP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO;F<M=&5R;2!D96)T
M+"!M871U<FET>2!Y96%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#XR,#(U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#XW+C$U,"4@1&5B96YT=7)E<R!$=64@
M,C`R-R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E8G0@26YS=')U;65N="!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&=R;W-S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DQO;F<M=&5R;2!D96)T+"!I;G1E<F5S="!R871E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XW+C$U)3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3&]N9RUT97)M(&1E8G0L(&UA='5R:71Y('EE87(\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/C(P,C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C8N-C(U)2!$
M96)E;G1U<F5S($1U92`R,#(X(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5B="!)
M;G-T<G5M96YT(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@
M9&5B="P@9W)O<W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$T
M,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$T,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&EN=&5R97-T
M(')A=&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8N-C,E/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@9&5B="P@;6%T=7)I='D@>65A<CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^,C`R.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^-2XW,#`E(%-E;FEO<B!.;W1E<R!$=64@,C`S-"!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&]N9RUT97)M(&1E8G0L(&=R;W-S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&EN=&5R97-T(')A
M=&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4N-S`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y,;VYG+71E<FT@9&5B="P@;6%T=7)I='D@>65A<CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^,C`S-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^,30E(%-U<G!L=7,@3F]T97,@1'5E(#(P,S,@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY$96)T($EN<W1R=6UE;G0@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D%C8W)U960@:6YT97)E<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(W.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$W,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&EN
M=&5R97-T(')A=&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$T
M+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&1E8G0L(&UA='5R:71Y
M('EE87(\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/C(P,S,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-A;&QA8FQE(&1A=&4@9F]R(&9I9G1H(&%N;FEV97)S
M87)Y(&]F(&EN:71I86P@8V%L;&%B;&4@9&%T93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^,C`Q."TP,2TQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^34))
M02!);F,@4V5N:6]R($YO=&5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5B="!)
M;G-T<G5M96YT(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!8V-R=65D(&EN
M=&5R97-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R1F]O=&YO=&4^
M#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S%=/"]T9#X-"B`@("`@("`@
M/'1D(&-O;'-P86X],T0U('9A;&EG;CTS1'1O<#X\9&EV('AM;&YS/3-$:'1T
M<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y#86QL86)L92!O;B!O<B!A9G1E
M<B!*86YU87)Y(#$U+"`R,#$X(&%N9"!E=F5R>2!F:69T:"!A;FYI=F5R<V%R
M>2!T:&5R96%F=&5R(&%T(#$P,"XP,"X\+V1I=CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R1F]O=&YO=&4^#0H@("`@("`@
M(#QT9"!V86QI9VX],T1T;W`^6S)=/"]T9#X-"B`@("`@("`@/'1D(&-O;'-P
M86X],T0U('9A;&EG;CTS1'1O<#X\9&EV('AM;&YS/3-$:'1T<#HO+W=W=RYW
M,RYO<F<O,3DY.2]X:'1M;#Y#86QL86)L92!O;B!O<B!A9G1E<B!!=6=U<W0@
M,34L(#(P,#8@870@,3`P+C`P+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D
M('9A;&EG;CTS1'1O<#Y;,UT\+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS
M1#4@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R
M9R\Q.3DY+WAH=&UL/D-A;&QA8FQE(&%N>71I;64@870@=&AE(&=R96%T97(@
M;V8@,3`P+C`P(&]R('1H92!P<F5S96YT('9A;'5E(&]F('1H92!R96UA:6YI
M;F<@<V-H961U;&5D("!P87EM96YT<R!O9B!P<FEN8VEP86P@86YD(&EN=&5R
M97-T+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@
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M('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\
M:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O
M;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y
M<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@
M4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O
M9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P149:044^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X]
M,T0Q(')O=W-P86X],T0Q/CQS=')O;F<^1&5B="`H06=G<F5G871E($UA='5R
M:71Y($]F($1E8G0@3V)L:6=A=&EO;G,I("A$971A:6PI("A54T0@)"D\8G(^
M26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O
M;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^
M1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^0V]R<&]R871E($]B;&EG871I;VYS(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^1&5B="!);G-T<G5M96YT(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$U/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/C(P,38\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C(P,3<\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/C(P,3@\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C(P,3D\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1H97)E869T97(\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4X-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DQO;F<M=&5R;2!$96)T+"!4;W1A;#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-3@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XQ-"4@4W5R<&QU<R!.;W1E<R!$=64@,C`S,R!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^,C`Q-3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$V/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/C(P,3<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^,C`Q.#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.30P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/C(P,3D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&AE
M<F5A9G1E<CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ
M73PO<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]N
M9RUT97)M($1E8G0L(%1O=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XY-#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1&5B="!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^,C`Q-3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^,C`Q-CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^,C`Q-SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^,C`Q
M.#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.30P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$Y/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y4:&5R96%F=&5R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M.#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@
M1&5B="P@5&]T86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,2PU,C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT
M9"!C;VQS<&%N/3-$,SX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1&EN;F5R1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T
M;W`^6S%=/"]T9#X-"B`@("`@("`@/'1D(&-O;'-P86X],T0R('9A;&EG;CTS
M1'1O<#X\9&EV('AM;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M
M;#Y#86QL86)L92!O;B!O<B!A9G1E<B!*86YU87)Y(#$U+"`R,#$X(&%N9"!E
M=F5R>2!F:69T:"!A;FYI=F5R<V%R>2!T:&5R96%F=&5R(&%T(#$P,"XP,"X\
M+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O
M9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B
M95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F
M:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9"]7;W)K<VAE971S+U-H965T.38N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%
M;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT
M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^
M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT
M/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$
M=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V
M92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*
M("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5'0T)'/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R
M;W=S<&%N/3-$,3X\<W1R;VYG/D1E8G0@*%!R:6YC:7!A;"!087EM96YT<R!&
M;W(@26YV97-T;65N="!!9W)E96UE;G1S+"!-5$YS(&%N9"!6244@3V)L:6=A
M=&EO;G,I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S
M<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C+B`S,2P@,C`Q-#QB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R
M/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E
M8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E1O=&%L(&5X<&5C=&5D('!R:6YC:7!A;"!P87EM96YT<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U.3(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#4Y,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N="!!9W)E96UE
M;G0@3V)L:6=A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY$96)T($EN<W1R=6UE;G0@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/C(P,34\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$V
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^,C`Q-SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/C(P,3@\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$W/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$Y/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4:&5R96%F=&5R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!E
M>'!E8W1E9"!P<FEN8VEP86P@<&%Y;65N=',\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C8Q-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y,97-S(&1I<V-O=6YT(&%N9"!O=&AE<B!A9&IU
M<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XU-#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DQE<W,@=6YA;6]R=&EZ960@9&ES8V]U;G0\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C<U/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!8V-R=65D(&EN=&5R97-T/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y-961I=6T@5&5R;2!.;W1E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^,C`Q-3PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3`R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XR,#$V/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C(P,3<\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C4S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#XR,#$X/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^,C`Q.3PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E1H97)E869T97(\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$L,34R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5&]T86P@97AP96-T960@<')I;F-I<&%L('!A>6UE;G1S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#4T-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,97-S(&1I<V-O=6YT(&%N
M9"!O=&AE<B!A9&IU<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,S0U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,#$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,@=6YA;6]R=&EZ960@9&ES
M8V]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,P-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU92!A9&IU<W1M
M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%C8W)U960@:6YT97)E<W0\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E9A<FEA8FQE($EN=&5R97-T($5N=&ET>2!$96)T
M(%M-96UB97)=('P@26YT97)N871I;VYA;"!!;F0@4W1R=6-T=7)E9"!&:6YA
M;F-E($EN<W5R86YC92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D1E8G0@26YS=')U;65N="!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^,C`Q-3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-#<Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$V
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,S8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/C(P,3<\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,T-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^,C`Q.#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S(Q/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XR,#$Y/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR.3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E1H97)E869T97(\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,L,#,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@97AP96-T960@<')I;F-I<&%L('!A>6UE;G1S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XT+#@P-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9F%I<B!V86QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R+#`P,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1D(&-O;'-P86X],T0T/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T
M;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,5T\+W1D/@T*("`@
M("`@("`\=&0@8V]L<W!A;CTS1#,@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,]
M,T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/D%M;W5N=',@<F5F;&5C
M="!P<FEN8VEP86P@9'5E(&%T(&UA='5R:71Y(&9O<B!P<F5S96YT960@:6X@
M:6YV97-T;65N="!A9W)E96UE;G1S(&ES<W5E9"!A="!A(&1I<V-O=6YT+CPO
M9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN
M97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,ET\+W1D
M/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#,@=F%L:6=N/3-$=&]P/CQD:78@
M>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/D%M;W5N=',@
M<F5F;&5C="!P<FEN8VEP86P@9'5E(&%T(&UA='5R:71Y(&9O<B!N;W1E<R!I
M<W-U960@870@82!D:7-C;W5N="!O<B!P<F5M:75M+CPO9&EV/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-
M"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,UT\+W1D/@T*("`@("`@("`\
M=&0@8V]L<W!A;CTS1#,@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,],T1H='1P
M.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/DEN8VQU9&5S("0R+C`@8FEL;&EO
M;B!O9B!6244@;F]T97,@86-C;W5N=&5D(&9O<B!A="!F86ER('9A;'5E(&%S
M(&]F($1E8V5M8F5R(#,Q+"`R,#$T+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM
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M:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV
M/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T
M/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$
M4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R
M:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P
M;W)T(&ED/3-$240P13)"044^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^26YC
M;VUE(%1A>&5S("A.87)R871I=F4I("A$971A:6PI("A54T0@)"D\8G(^/"]S
M=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS
M1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB
M<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R
M/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/DYO;B!687)I86)L92!);G1E<F5S="!%;G1I=&EE<R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F5D
M97)A;"!S=&%T=71O<GD@<F%T93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,S4N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S4N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,S4N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9&5F97)R960@=&%X(&%S
M<V5T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L,#`Y+#`P
M,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#$L,3`Y+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYO;B!5+E,N(&1E9F5R<F5D('1A>"!L
M:6%B:6QI='D\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$X+#`P
M,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E9A;'5A=&EO;B!A;&QO=V%N8V4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XY,RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);F-R96%S92!I;B!N970@:6YC
M;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C`L
M,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3D],(&-A<G)Y9F]R=V%R9#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,RPR,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06QT97)N871I=F4@;6EN:6UU
M;2!T87@@8W)E9&ET(&-A<G)Y9F]R=V%R9#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`R,BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R,BPP,#`L,#`P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D
M>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I
M;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D
M+U=O<FMS:&5E=',O4VAE970Y."YH=&UL#0I#;VYT96YT+51R86YS9F5R+45N
M8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O
M:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-
M"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0]
M,T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T
M97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E
M(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@
M("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14E%04,^#0H@("`@
M("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O
M=W-P86X],T0R/CQS=')O;F<^26YC;VUE(%1A>&5S("A);F-O;64@5&%X97,@
M06YD(%)E;&%T960@169F96-T:79E(%1A>"!2871E<RD@*$1E=&%I;"D@*%53
M1"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I
M960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS
M<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q
M-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R
M,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L
M(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1&ES8VQO<W5R92!);F-O;64@5&%X97,@26YC;VUE(%1A>&5S($%N
M9"!296QA=&5D($5F9F5C=&EV92!487@@4F%T97,@6T%B<W1R86-T73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);F-O;64@
M*&QO<W,I(&)E9F]R92!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@-C0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`T,38\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L-3DX/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E
M;F5F:70I(&9O<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@-S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$V-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B0@,S8T/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-
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M=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H
M='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL
M.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I
M<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N
M="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L
M87-S/3-$<F5P;W)T(&ED/3-$240P131!044^#0H@("`@("`\='(^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS
M=')O;F<^26YC;VUE(%1A>&5S("A);F-O;64@8F5F;W)E($EN8V]M92!487AE
M<RD@*$1E=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T
M:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN8V]M92`H;&]S<RD@8F5F;W)E(&EN8V]M92!T87AE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V-#$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#0Q-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,2PU.3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D1O;65S=&EC(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN8V]M92`H;&]S<RD@8F5F;W)E(&EN8V]M92!T87AE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3<T/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#,U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PT.#8\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D9O<F5I9VX@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^26YC;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A>&5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#8W/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XD("@Q.2D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$Q,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\
M+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?
M.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N
M.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E
M9C0S9"]7;W)K<VAE971S+U-H965T,3`P+FAT;6P-"D-O;G1E;G0M5')A;G-F
M97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@
M=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH
M96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N
M=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP
M93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!2
M96UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D
M>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%-%5!13X-
M"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS
M1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY);F-O;64@5&%X97,@*$EN8V]M92!4
M87AE<R!A;F0@4VAA<F5H;VQD97)S)R!%<75I='DI("A$971A:6PI("A54T0@
M)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D
M/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A
M;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q
M,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R
M,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D-U<G)E;G0@=&%X97,Z/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D9E9&5R86P\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4W1A=&4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1E9F5R<F5D('1A>&5S.CPO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&961E
M<F%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT.#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V-3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4W1A=&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I
M9VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@X*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')O
M=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XW,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$V-CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,V-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY);F-O;64@
M=&%X(&5F9F5C=',@86QL;V-A=&5D(&1I<F5C=&QY('1O(&5Q=6ET>2!;06)S
M=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D-H86YG92!I;B!U;G)E86QI>F5D(&=A:6YS(&%N9"!L;W-S97,@;VX@
M0493('-E8W5R:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C@Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH.#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^.#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D-H86YG92!I;B!!1E,@<V5C=7)I=&EE<R!W:71H($]45$D\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(Y*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E
M(&EN(&9O<F5I9VX@8W5R<F5N8WD@=')A;G-L871I;VX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4VAA<F4M8F%S960@8V]M<&5N
M<V%T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4
M;W1A;"!I;F-O;64@=&%X97,@8VAA<F=E9"`H8W)E9&ET960I('1O('-H87)E
M:&]L9&5R<R<@97%U:71Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#<R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$S,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E1O=&%L(&5F9F5C="!O9B!I;F-O;64@=&%X97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3(Q/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Y-#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-#DW/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@
M(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I
M;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E
M965F-#-D+U=O<FMS:&5E=',O4VAE970Q,#$N:'1M;`T*0V]N=&5N="U4<F%N
M<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E
M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@
M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C
M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T
M>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T
M(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB
M;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5*3D%%
M/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N
M/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DEN8V]M92!487AE<R`H26YC;VUE
M(%1A>"!2871E(%)E8V]N8VEL:6%T:6]N*2`H1&5T86EL*3QB<CX\+W-T<F]N
M9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,SXQ
M,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO
M=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3(\8G(^
M/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^169F
M96-T:79E(&EN8V]M92!T87@@<F%T92!C;VYT:6YU:6YG(&]P97)A=&EO;G,@
M=&%X(')A=&4@<F5C;VYC:6QI871I;VX@6T%B<W1R86-T73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&961E<F%L(&EN8V]M
M92!T87@@8V]M<'5T960@870@=&AE('-T871U=&]R>2!R871E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-2XP,"4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-2XP,"4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-2XP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^26YC<F5A<V4@*')E9'5C=&EO;BD@:6X@=&%X97,@<F5S=6QT:6YG
M(&9R;VTZ(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&%X+65X96UP="!I;G1E<F5S=#PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,"XU,"4I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2XQ,"4I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,"XW,"4I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-87)K
M+71O+6UA<FME="!O;B!W87)R86YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,2XV,"4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,RXX,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@P+C<P)2D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-H86YG92!I;B!V86QU871I
M;VX@86QL;W=A;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M,RXU,"4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,3(N-C`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#4N-C`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^0VAA;F=E(&EN('5N8V5R=&%I;B!T87@@
M<&]S:71I;VYS/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y+C$P
M)2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR+C@P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#`N,3`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4W1A=&4@:6YC;VUE('1A>"P@;F5T(&]F(&9E9&5R
M86P@8F5N969I=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XU
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`N,3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y/=70M;V8M<&5R:6]D(&%D:G5S=&UE;G0\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N,#`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XP,"4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S+C@P)2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O
M<F5I9VX@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#`N
M-3`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#`N.#`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#$N,C`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^0F%S:7,@9&EF9F5R96YC92!I;B!F;W)E:6=N
M('-U8G-I9&EA<GD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N
M,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3$N-#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,"XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D]T:&5R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP+CDP)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#`N-C`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#`N,C`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5F9F5C=&EV92!T87@@<F%T
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$N,C`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SDN.3`E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,C(N.#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO
M=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R
M=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E
M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A
M8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q,#(N:'1M;`T*0V]N
M=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N
M=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\
M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E
M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^
M/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^
M+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE
M860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS
M1$E$,$5754%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,3X\<W1R;VYG/DEN8V]M92!487AE
M<R`H0V]M<&]N96YT<R!/9B!$969E<G)E9"!487@@07-S971S(&%N9"!,:6%B
M:6QI=&EE<RD@*$1E=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL
M97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1&5F97)R960@=&%X
M(&QI86)I;&ET:65S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^56YE87)N960@<')E;6EU;2!R97-E<G9E
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$Y-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C(P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$
M969E<G)A;"!O9B!C86YC96QL871I;VX@;V8@:6YD96)T961N97-S(&EN8V]M
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,30\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E9F5R
M<F5D(&%C<75I<VET:6]N(&-O<W1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C@W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@=6YR96%L:7IE9"!G86EN<R!I;B!A8V-U;75L
M871E9"!O=&AE<B!C;VUP<F5H96YS:79E(&EN8V]M93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)A<VES(&1I9F9E<F5N8V4@:6X@9F]R
M96EG;B!S=6)S:61I87)I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C4Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D]T:&5R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1O=&%L(&=R;W-S(&1E9F5R<F5D('1A>"!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#(S/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#<X/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D1E9F5R<F5D('1A>"!A<W-E=',@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VUP96YS871I;VX@86YD
M(&5M<&QO>65E(&)E;F5F:71S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y,;W-S(&%N9"!L;W-S(&%D:G5S=&UE;G0@97AP96YS92!R
M97-E<G9E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3F5T(&]P97)A=&EN9R!L;W-S(&%N9"!T87@@8W)E9&ET(&-A<G)Y9F]R=V%R
M9',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,34P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3$W/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#
M87!I=&%L(&QO<W,@8V%R<GEF;W)W87)D(&%N9"!O=&AE<BUT:&%N+71E;7!O
M<F%R>2!I;7!A:7)M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/CDS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.970@=6YR96%L:7IE9"!L;W-S97,@;VX@:6YS=7)E9"!D97)I
M=F%T:79E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DYE="!L;W-S97,@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@
M=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!U;G)E86QI>F5D(&QO<W-E<R!I;B!A
M8V-U;75L871E9"!O=&AE<B!C;VUP<F5H96YS:79E(&EN8V]M93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;'1E<FYA=&EV92!M:6YI
M;75M('1A>"!C<F5D:70@8V%R<GEF;W)W87)D/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9&5F97)R960@=&%X97,@;VX@5DE%
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L
M(&=R;W-S(&1E9F5R<F5D('1A>"!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L-#,R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PV.#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9A;'5A=&EO;B!A;&QO=V%N8V4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!D969E
M<G)E9"!T87@@87-S970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,2PP,#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#$L,3`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM
M/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T
M,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B
M95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q,#,N
M:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT
M86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S
M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I
M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E
M=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS
M1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C
M<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E
M<&]R="!I9#TS1$E$,$4U04%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DEN
M8V]M92!487AE<R`H0VAA;F=E($EN(%5N<F5C;V=N:7IE9"!487@@0F5N969I
M=',I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O
M=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/E)E8V]N8VEL:6%T:6]N3V95;G)E8V]G
M;FEZ961487A"96YE9FET<T5X8VQU9&EN9T%M;W5N='-097)T86EN:6YG5&]%
M>&%M:6YE9%1A>%)E='5R;G-2;VQL1F]R=V%R9#PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y5;G)E8V]G;FEZ960@=&%X(&)E
M;F5F:70L($)E9VEN;FEN9R!B86QA;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#8U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`T-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B0@-#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H92!G<F]S<R!A;6]U;G0@;V8@
M=&AE(&EN8W)E87-E(&EN('1H92!55$(@87,@82!R97-U;'0@;V8@=&%X('!O
M<VET:6]N<R!T86ME;CH@1'5R:6YG(&$@<')I;W(@>65A<CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H92!G<F]S<R!A;6]U;G0@;V8@
M=&AE(&1E8W)E87-E(&EN('1H92!55$(@87,@82!R97-U;'0@;V8@=&%X('!O
M<VET:6]N<R!T86ME;CH@1'5R:6YG(&$@<')I;W(@>65A<CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-C$I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4:&4@9W)O<W,@86UO=6YT(&]F
M('1H92!I;F-R96%S92!I;B!T:&4@551"(&%S(&$@<F5S=6QT(&]F('1A>"!P
M;W-I=&EO;G,@=&%K96XZ($1U<FEN9R!T:&4@8W5R<F5N="!Y96%R/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1H92!A;6]U;G1S(&]F
M(&1E8W)E87-E<R!I;B!T:&4@551"(')E;&%T960@=&\@<V5T=&QE;65N=',@
M=VET:"!T87AI;F<@875T:&]R:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5&AE(')E9'5C=&EO;B!I;B!T:&4@551"(&%S(&$@
M<F5S=6QT(&]F('1H92!A<'!L:6-A8FQE('-T871U=&4@;V8@;&EM:71A=&EO
M;G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-BD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5C
M;V=N:7IE9"!T87@@8F5N969I="P@16YD:6YG(&)A;&%N8V4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-C4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#0W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-
M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D
M,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z
M+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O
M<FMS:&5E=',O4VAE970Q,#0N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O
M9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT
M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@
M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$
M)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X
M="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4
M:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@
M(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5/1$%#/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S
M<&%N/3-$,CX\<W1R;VYG/D)U<VEN97-S(%-E9VUE;G1S("A.87)R871I=F4I
M("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE
M<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@@8V]L<W!A;CTS1#(^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY$:7-C;&]S=7)E($)U<VEN97-S(%-E9VUE;G1S
M(%-U;6UA<GD@3V8@0V]M<&%N>7,@4V5G;65N="!297-U;'1S(%M!8G-T<F%C
M=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3G5M8F5R(&]F(&]P97)A=&EN9R!S96=M96YT<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY%>'1I;F=U:7-H;65N="!/9B!$
M96)T(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@97AT:6YG=6ES
M:&UE;G0@;V8@9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`V,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\
M+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A
M<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT
M96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,3`U+FAT;6P-"D-O
M;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O
M;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*
M/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT
M96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G
M/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS
M/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H
M96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60]
M,T1)1#!%351#2SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY"=7-I;F5S<R!3
M96=M96YT<R`H4W5M;6%R>2!/9B!#;VUP86YY)W,@4V5G;65N="!297-U;'1S
M*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H
M97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1H(&-O;'-P86X],T0V/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,3,\8G(^
M/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^1&5C
M+B`S,2P@,C`Q,CQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY396=M96YT(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;3&EN
M92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@-C$V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#8T-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^)"`X.#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3F5T(&-H86YG92!I;B!F86ER('9A;'5E(&]F(&EN
M<W5R960@9&5R:79A=&EV97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0U.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(S,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-#8T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC
M:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC
M:&%N9V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<X/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M3F5T(&EN=F5S=&UE;G0@;&]S<V5S(')E;&%T960@=&\@;W1H97(M=&AA;BUT
M96UP;W)A<GD@:6UP86ER;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#$U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$P-2D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!E>'1I;F=U
M:7-H;65N="!O9B!D96)T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D]T:&5R(&YE="!R96%L:7IE9"!G86EN<R`H;&]S<V5S*3PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@R.2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y2979E;G5E<R!O
M9B!C;VYS;VQI9&%T960@5DE%<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3`Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,S/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G1E<BUS96=M96YT(')E=F5N=65S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!R979E;G5E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR-S`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(P.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C(L-#,U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y,;W-S97,@86YD(&QO<W,@861J=7-T;65N=#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3,S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]P97)A=&EN9SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C,Y/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,S@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#,Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<F5S=#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C$P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C,V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>'!E;G-E
M<R!O9B!C;VYS;VQI9&%T960@5DE%<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G1E<BUS96=M96YT(&5X<&5N<V5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!E>'!E;G-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C(Y/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-SDS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^.#,W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YC
M;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XV-#$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XT,38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#4Y.#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')O=FES:6]N("AB96YE
M9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,V-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M+#(S-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^261E;G1I9FEA
M8FQE(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38L
M,C@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38L.34S/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C$L-S(T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y5(%,@4'5B;&EC($9I;F%N8V4@26YS=7)A;F-E
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^4V5G;65N="!297!O<G1I;F<@26YF;W)M871I;VX@6TQI;F4@271E
M;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DQO<W-E<R!A;F0@;&]S<R!A9&IU<W1M96YT/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D]P97)A=&EN9R!396=M96YT<R!;365M8F5R
M72!\(%4@4R!0=6)L:6,@1FEN86YC92!);G-U<F%N8V4@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY396=M96YT
M(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5V96YU97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,W,SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#(U/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-#@\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U
M<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&-H86YG
M92!I;B!F86ER('9A;'5E(&]F(&EN<W5R960@9&5R:79A=&EV97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S
M97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A;'5E(&%N
M9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XR-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Y/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@:6YV97-T;65N="!L;W-S97,@<F5L871E9"!T
M;R!O=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A:7)M96YT<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,34I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!N970@<F5A;&EZ960@
M9V%I;G,@*&QO<W-E<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,CDI/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);G1E<BUS96=M96YT(')E=F5N=65S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$V.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@<F5V96YU97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0T,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4Q.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C@S.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]S<V5S(&%N
M9"!L;W-S(&%D:G5S=&UE;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#$P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P-3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y/<&5R871I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C,X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C8\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,C0\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R+7-E9VUE;G0@97AP96YS97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<X/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!E>'!E
M;G-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`V/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8W/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^26YC;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A>&5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,S<\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR-3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO;B`H
M8F5N969I="D@9F]R(&EN8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.#@\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,38Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,S@Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)9&5N=&EF
M:6%B;&4@87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M+#@X-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L,#4V/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-BPX.#<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D]P97)A=&EN9R!396=M96YT<R!;365M8F5R72!\
M($EN=&5R;F%T:6]N86P@06YD(%-T<G5C='5R960@1FEN86YC92!);G-U<F%N
M8V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M/'-T<F]N9SY396=M96YT(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$X
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,30X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR-#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3F5T(&-H86YG92!I;B!F86ER('9A;'5E(&]F(&EN<W5R960@9&5R
M:79A=&EV97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0U.#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R.3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$L-#8S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R
M=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/CDS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YV97-T
M;65N="!L;W-S97,@<F5L871E9"!T;R!O=&AE<BUT:&%N+71E;7!O<F%R>2!I
M;7!A:7)M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y/=&AE<B!N970@<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5V96YU97,@;V8@8V]N<V]L
M:61A=&5D(%9)17,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P
M-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(S-SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C<Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);G1E<BUS96=M96YT(')E=F5N=65S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XU-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-S@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!R979E;G5E<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#$Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-S$V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,2PX-S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO<W-E<R!A
M;F0@;&]S<R!A9&IU<W1M96YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ-#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y/<&5R871I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`X
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<F5S=#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>'!E;G-E<R!O9B!C;VYS;VQI
M9&%T960@5DE%<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#<\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C4Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y);G1E<BUS96=M96YT(&5X<&5N<V5S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XV-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3,V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S)=/"]S=7`^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XR,#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&5X<&5N<V5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,S4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT,3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU
M-S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);F-O;64@*&QO
M<W,I(&)E9F]R92!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C,X-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Y
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,CDV/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E;F5F:70I(&9O
M<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$S-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C0S,CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XR-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ.3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-C0\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DED96YT:69I86)L92!A<W-E
M=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P+#`X-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q+#8X-SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$W+#(T.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3W!E<F%T:6YG(%-E9VUE;G1S(%M-96UB97)=('P@0V]R<&]R
M871E($]P97)A=&EO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY396=M96YT(%)E<&]R=&EN9R!);F9O<FUA
M=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F:6YA;F-I86P@:6YS=')U;65N=',@
M870@9F%I<B!V86QU92!A;F0@9F]R96EG;B!E>&-H86YG93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$U."D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;G9E<W1M96YT
M(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I
M<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@V,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE
M="!G86EN<R`H;&]S<V5S*2!O;B!E>'1I;F=U:7-H;65N="!O9B!D96)T/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R(&YE="!R
M96%L:7IE9"!G86EN<R`H;&]S<V5S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E)E=F5N=65S(&]F(&-O;G-O;&ED871E9"!6245S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q-"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R+7-E9VUE
M;G0@<F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0V
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX
M-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3<W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@<F5V
M96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$T.#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y/<&5R871I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@W
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y);G1E<F5S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3`Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(T/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34R/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G1E<BUS96=M96YT(&5X<&5N<V5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y4;W1A;"!E>'!E;G-E<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C`S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C@X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YC;VUE("AL;W-S*2!B969O
M<F4@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@U-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,C4I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C0X*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE
M('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-S,I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,34I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,3<Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DYE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M,3`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-CDI/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)9&5N=&EF:6%B;&4@87-S971S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#@T-CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(L-C0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,BPW,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D]P97)A=&EN9R!396=M96YT<R!;365M8F5R72!\($%D=FES;W)Y(%-E<G9I
M8V5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^4V5G;65N="!297!O<G1I;F<@26YF;W)M871I;VX@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E)E=F5N=65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@
M*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L
M=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y2979E;G5E<R!O9B!C;VYS;VQI9&%T960@5DE%
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH."D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R+7-E
M9VUE;G0@<F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,S0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!R
M979E;G5E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y/<&5R871I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3,\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^26YT97(M<V5G;65N="!E>'!E;G-E<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4;W1A;"!E>'!E;G-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YC;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A
M>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-RD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL
M;W-S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3DI/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3(I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DED96YT:69I86)L92!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C<Y,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0T/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#0\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D]P97)A=&EN9R!396=M96YT<R!;365M8F5R72!\
M($-O;F1U:70@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY396=M96YT(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS
M("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A
M;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@97AT:6YG=6ES
M:&UE;G0@;V8@9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4F5V96YU97,@;V8@8V]N<V]L:61A=&5D(%9)17,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8S/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<BUS96=M96YT(')E=F5N
M=65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.2D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=
M/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!R979E;G5E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XV,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3W!E<F%T:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y);G1E<F5S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M17AP96YS97,@;V8@8V]N<V]L:61A=&5D(%9)17,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^26YT97(M<V5G;65N="!E>'!E;G-E<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDW/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R974^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!E>'!E
M;G-E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M26YC;VUE("AL;W-S*2!B969O<F4@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#,Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0Y*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')O=FES:6]N("AB96YE
M9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3`I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3<I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3F5T(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#8I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,C$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S(I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)9&5N=&EF:6%B;&4@
M87-S971S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<W/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-CDT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y);G1E<G-E9VUE;G0@16QI;6EN871I;VX@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY396=M96YT(%)E<&]R
M=&EN9R!);F9O<FUA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S97,I
M(&]N(&5X=&EN9W5I<VAM96YT(&]F(&1E8G0\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,X
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS
M=7`^6S1=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R+7-E9VUE;G0@
M<F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$V-BD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U
M<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(W
M,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;,ET\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#0R,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/'-U<#Y;,UT\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1O=&%L(')E=F5N=65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@Q-C8I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C,R
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0R,BD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R+7-E9VUE;G0@97AP96YS97,\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$W,BD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\+W-U
M<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(W,BD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0U-RD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;
M,UT\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L(&5X<&5N<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M-S(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C<R*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#0U-RD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);F-O;64@*&QO<W,I(&)E9F]R92!I;F-O;64@=&%X
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XT,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V
M:7-I;VX@*&)E;F5F:70I(&9O<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4Y*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO<W,I
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XY-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^261E;G1I
M9FEA8FQE(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XD
M("@S+#,R."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;-5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^)"`H,RPV-3(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S5=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B0@*#4L.#<P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELV73PO<W5P/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#<^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O
M;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@
M("`@("`@(#QT9"!C;VQS<&%N/3-$-B!V86QI9VX],T1T;W`^/&1I=B!X;6QN
M<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^4F5P<F5S96YT<R!T
M:&4@<W5M(&]F('1H:7)D+7!A<G1Y(&9I;F%N8VEA;"!G=6%R86YT964@;F5T
M('!R96UI=6US(&5A<FYE9"P@;F5T(&EN=F5S=&UE;G0@:6YC;VUE+"!I;G-U
M<F%N8V4M<F5L871E9"!F965S(&%N9"!R96EM8G5R<V5M96YT<RP@:6YV97-T
M;65N="!M86YA9V5M96YT(&9E97,@86YD(&]T:&5R(&9E97,N/"]D:78^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N
M;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELR73PO=&0^#0H@("`@
M("`@(#QT9"!C;VQS<&%N/3-$-B!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS
M1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^4F5P<F5S96YT<R!I;G1E
M<F-O;7!A;GD@<')E;6EU;2!I;F-O;64@86YD(&5X<&5N<V4L(&EN=&5R8V]M
M<&%N>2!A<W-E="!M86YA9V5M96YT(&9E97,@86YD(&5X<&5N<V5S+"!I;G1E
M<F-O;7!A;GD@:6YT97)E<W0@:6YC;VUE(&%N9"!E>'!E;G-E('!E<G1A:6YI
M;F<@=&\@:6YT97)C;VUP86YY(')E8V5I=F%B;&5S(&%N9"!P87EA8FQE<R!A
M;F0@:6YT97)C;VUP86YY(&QO86YS+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@("`@
M/'1D('9A;&EG;CTS1'1O<#Y;,UT\+W1D/@T*("`@("`@("`\=&0@8V]L<W!A
M;CTS1#8@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,],T1H='1P.B\O=W=W+G<S
M+F]R9R\Q.3DY+WAH=&UL/E)E<')E<V5N=',@:6YT97)C;VUP86YY('!R96UI
M=6T@:6YC;VUE(&%N9"!E>'!E;G-E+"!I;G1E<F-O;7!A;GD@87-S970@;6%N
M86=E;65N="!F965S(&%N9"!E>'!E;G-E<RP@86YD(&EN=&5R8V]M<&%N>2!I
M;G1E<F5S="!I;F-O;64@86YD(&5X<&5N<V4@<&5R=&%I;FEN9R!T;R`@:6YT
M97)C;VUP86YY(')E8V5I=F%B;&5S(&%N9"!P87EA8FQE<RX\+V1I=CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN;F5R1F]O=&YO
M=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S1=/"]T9#X-"B`@("`@
M("`@/'1D(&-O;'-P86X],T0V('9A;&EG;CTS1'1O<#X\9&EV('AM;&YS/3-$
M:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y297!R97-E;G1S('1H92!G
M86EN(&]N('1H92!D96)T(')E8V5I=F5D(&%S(&-O;G-I9&5R871I;VX@:6X@
M8V]N;F5C=&EO;B!W:71H('1H92!S971T;&5M96YT('=I=&@@0F%N:R!O9B!!
M;65R:6-A+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O
M<#Y;-5T\+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#8@=F%L:6=N/3-$
M=&]P/CQD:78@>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL
M/D-O;G-I<W1S(&]F(&EN=&5R8V]M<&%N>2!R96EN<W5R86YC92!B86QA;F-E
M<RP@<F5P=7)C:&%S92!A9W)E96UE;G1S(&%N9"!D969E<G)E9"!I;F-O;64@
M=&%X97,N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P
M/ELV73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-B!V86QI9VX],T1T
M;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^
M0V]N<VES=',@;V8@:6YT97)C;VUP86YY(')E:6YS=7)A;F-E(&)A;&%N8V5S
M+"!R97!U<F-H87-E(&%G<F5E;65N=',@86YD(&QO86YS+CPO9&EV/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M
M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B
M-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO
M,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E
M=',O4VAE970Q,#8N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@
M<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H
M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%
M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O
M:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A
M<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O
M;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L
M92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$53,4%'/@T*("`@("`@/'1R/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$
M,CX\<W1R;VYG/D)U<VEN97-S(%-E9VUE;G1S("A3=6UM87)Y($]F(%!R96UI
M=6US($5A<FYE9"!/;B!&:6YA;F-I86P@1W5A<F%N=&5E<R!!;F0@26YS=7)E
M9"!$97)I=F%T:79E<R!">2!'96]G<F%P:&EC($QO8V%T:6]N($]F(%)I<VLI
M("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE
M<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/E-E9VUE;G0@4F5P;W)T:6YG($EN9F]R;6%T
M:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y4;W1A;"!P<F5M:75M<R!E87)N960\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-#$V/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`T.30\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#8V,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YI=&5D
M(%-T871E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/E-E9VUE;G0@4F5P;W)T:6YG($EN9F]R;6%T:6]N(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y4;W1A;"!P<F5M:75M<R!E87)N960\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(Y.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,Y,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C4S,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YI=&5D($MI;F=D;VT@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N
M9SY396=M96YT(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T
M86P@<')E;6EU;7,@96%R;F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D5U<F]P92!%>&-L=61I;F<@56YI=&5D($MI;F=D;VT@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T
M<F]N9SY396=M96YT(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P@<')E;6EU;7,@96%R;F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YT97)N871I;VYA;&QY($1I=F5R<VEF:65D(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^4V5G;65N="!297!O<G1I;F<@26YF;W)M871I;VX@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L('!R96UI=6US(&5A<FYE9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0V5N=')A;"!!;F0@4V]U=&@@06UE<FEC82!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-E
M9VUE;G0@4F5P;W)T:6YG($EN9F]R;6%T:6]N(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!P
M<F5M:75M<R!E87)N960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C0Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XT.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^07-I82!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/E-E9VUE;G0@4F5P;W)T:6YG($EN9F]R;6%T
M:6]N(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y4;W1A;"!P<F5M:75M<R!E87)N960\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY396=M96YT
M(%)E<&]R=&EN9R!);F9O<FUA=&EO;B!;3&EN92!)=&5M<UT\+W-T<F]N9SX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@<')E;6EU
M;7,@96%R;F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`Q,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\
M+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM+2TM+3U?3F5X=%!A
M<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D#0I#;VYT
M96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H965T,3`W+FAT;6P-"D-O
M;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E9"UP<FEN=&%B;&4-"D-O
M;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T/2)U<RUA<V-I:2(-"@T*
M/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT
M96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G
M/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS
M/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H
M96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60]
M,T1)1#!%1UA!1SX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY);G-U<F%N8V4@
M:6X@1F]R8V4@*$YA<G)A=&EV92D@*$1E=&%I;"D@*%531"`D*3QB<CX\+W-T
M<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$
M,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3(\
M8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M1W5A<F%N=&]R($]B;&EG871I;VYS(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<V%C=&EO;G,@
M9W5A<F%N=&5E9"!B>2!-0DE!(&]N(&)E:&%L9B!O9B!V87)I;W5S(&EN=F5S
M=&UE;G0@;6%N86=E;65N="!S97)V:6-E(&%F9FEL:6%T97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,BPV,#`L,#`P+#`P,#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,RPU,#`L
M,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^1W5A<F%N=&5E<R!O9B!D97)I=F%T:79E(&-O;G1R86-T<RP@
M;6%T=7)I='D@<F%N9V4L(&UI;FEM=6T@*%EE87)S*3PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^,2!Y96%R(#`@;6]N=&AS(#`@9&%Y<SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1W5A
M<F%N=&5E<R!O9B!D97)I=F%T:79E(&-O;G1R86-T<RP@;6%T=7)I='D@<F%N
M9V4L(&UA>&EM=6T@*%EE87)S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^-C@@>65A<G,@,"!M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$97)I=F%T:79E($QI
M86)I;&ET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#8L
M,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$L,C`P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N="!A=F%I;&%B;&4@=6YD97(@
M=&AE<V4@;&5T=&5R<R!O9B!C<F5D:70@86YD('1R=7-T(&%R<F%N9V5M96YT
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S0L,#`P+#`P,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M06=G<F5G871E(&%M;W5N="!O9B!I;G-U<F%N8V4@:6X@9F]R8V4@8V5D960@
M=&\@<F5I;G-U<F5R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3$L,3`P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ,BPW,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06=G<F5G871E(&%M;W5N
M="!O9B!I;G-U<F5D('!A<B!O=71S=&%N9&EN9R!C961E9"!T;R!R96EN<W5R
M97)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#`X-RPP,#`L
M,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-RPQ,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4F5C;W9E<FEE<R!R96-E:79E9"!O;B!C;&%I
M;7,@9F]R(&9I;F%N8VEA;"!G=6%R86YT964@<&]L:6-I97,@=6YD97(@<F5I
M;G-U<F%N8V4@8V]N=')A8W1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@U+#`P,"PP,#`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-"PP,#`L,#`P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#961I;F<@8V]M
M;6ES<VEO;G,@9G)O;2!R96EN<W5R86YC93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,BPP,#`L,#`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPP,#`L,#`P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'=6%R
M86YT965S($]F($1E<FEV871I=F4@0V]N=')A8W1S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1W5A<F%N=&]R
M($]B;&EG871I;VYS(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'=6%R86YT964@3V)L:6=A=&EO;G,@
M36%X:6UU;2!%>'!O<W5R93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`Q,"PQ,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^36EN:6UU;2!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D=U87)A;G1O<B!/
M8FQI9V%T:6]N<R!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN(&9O<F-E+"!E>'!E
M8W1E9"!M871U<FET>2!R86YG92P@>65A<G,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/C$@>65A<B`P(&UO;G1H<R`P(&1A>7,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUI;FEM=6T@
M6TUE;6)E<ET@?"!);G9E<W1M96YT($%G<F5E;65N="!#;VYT<F%C=',@86YD
M($U43G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY'=6%R86YT;W(@3V)L:6=A=&EO;G,@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9U
M='5R92!G=6%R86YT964@<&%Y;65N=',L(&UA='5R:71Y(')A;F=E+"`H>65A
M<G,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XQ('EE87(@,"!M
M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y-87AI;75M(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^1W5A<F%N=&]R($]B;&EG871I
M;VYS(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@9F]R8V4L(&5X<&5C=&5D(&UA
M='5R:71Y(')A;F=E+"!Y96%R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^-#,@>65A<G,@,"!M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-87AI;75M(%M-96UB
M97)=('P@26YV97-T;65N="!!9W)E96UE;G0@0V]N=')A8W1S(&%N9"!-5$YS
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1W5A<F%N=&]R($]B;&EG871I;VYS(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&=71U<F4@
M9W5A<F%N=&5E('!A>6UE;G1S+"!M871U<FET>2!R86YG92P@*'EE87)S*3PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^,C<@>65A<G,@,"!M;VYT
M:',@,"!D87ES/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT
M4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O
M;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E
M7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q,#@N:'1M;`T*
M0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*
M0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*
M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O
M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M
M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N
M:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\
M+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I
M9#TS1$E$,$4U5D))/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,3X\<W1R;VYG/DEN<W5R86YC
M92!I;B!&;W)C92`H4V-H961U;&4@3V8@1V5O9W)A<&AI8V%L($1I<W1R:6)U
M=&EO;B!/9B!);G-U<F%N8V4@26X@1F]R8V4I("A$971A:6PI("A54T0@)"D\
M8G(^26X@0FEL;&EO;G,L('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S
M=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q
M+"`R,#$S/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)
M;G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@-#,W+C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#4U-"XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`P+C`P)3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P,"XP,"4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D-A;&EF;W)N:6$@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XW,RXX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.#@N-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R
M8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V+CDP)3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V+C`P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3F5W(%EO<FL@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR.2XX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,S@N,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R
M8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8N.#`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-BXY,"4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DEL;&EN;VES(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C4N-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(Y+C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU+C@P)3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4N,S`E/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M;&]R:61A(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,C0N,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(Y+C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU+C4P)3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4N,S`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y497AA
M<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)
M;G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(Q+C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C0N.#`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE=R!*97)S97D@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS
M=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ-BXX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C`N,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,N.3`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RXV,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUI8VAI9V%N(%M-
M96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R
M86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3(N,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$U+C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+C@P)3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(N.#`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y096YN<WEL=F%N:6$@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS
M=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XY+C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,2XX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,BXS,"4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+C$P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%S:&EN9W1O;B!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U
M<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/CDN,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$Q+C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+C$P)3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(N,3`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0=65R=&\@4FEC;R!;
M365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U
M<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$P+C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,"XY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,BXQ,"4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+C`P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4W5B+51O=&%L($EN
M<W5R86YC92!);B!&;W)C92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(S,2XX/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@S+C,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E
M(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,RXP
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XU,2XQ,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DYA=&EO;F%L;'D@1&EV97)S:69I960@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O
M<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS."XY/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3,N-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C@N.3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^.2XW,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R(%-T871E<R!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@
M1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R,RXV/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,34U
M+C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR."XR,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR."XQ,"4\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N:71E9"!3=&%T97,@6TUE
M;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A
M;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS
M.30N,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C0Y,BXW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^.3`N,3`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#@N.3`E/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G1E<FYA=&EO
M;F%L;'D@1&EV97)S:69I960@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,BXX/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I
M;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XV,"4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+C,P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^0V]U;G1R>2!3<&5C:69I8R!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0P+C<\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT."XX/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R
M86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M.2XS,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XX+C@P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F]N+55N:71E9"!3=&%T97,@6TUE;6)E<ET\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#0S+C4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#8Q+C8\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XY+CDP)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$Q+C$P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-
M"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV
M,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF
M-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+U-H
M965T,3`Y+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U;W1E
M9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R<V5T
M/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!(&AT
M='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT;6P[
M(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C<FEP
M="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM96YT
M("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@8VQA
M<W,],T1R97!O<G0@:60],T1)1#!%1TQ"2SX-"B`@("`@(#QT<CX-"B`@("`@
M("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#$^/'-T
M<F]N9SY);G-U<F%N8V4@26X@1F]R8V4@*%-C:&5D=6QE($]F($EN<W5R86YC
M92!);B!&;W)C92!">2!4>7!E($]F($)O;F0L($5X8VQU9&EN9R!4<F%N<V%C
M=&EO;G,@1W5A<F%N=&5E9"!">2!-0DE!($-O<G`N($]N($)E:&%L9B!/9B!6
M87)I;W5S($EN=F5S=&UE;G0@36%N86=E;65N="!397)V:6-E<R!!9F9I;&EA
M=&5D($-O;7!A;FEE<RD@*$1E=&%I;"D@*%531"`D*3QB<CY);B!":6QL:6]N
M<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*
M("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R
M,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X]
M,T0R/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`T,S<N.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@-34T+C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,#`N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3`P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^52!3
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,SDT+C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XT.3(N-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/CDP+C$P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C@X+CDP)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F]N+55N
M:71E9"!3=&%T97,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,RXU/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-C$N-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/CDN.3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3$N,3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y';&]B86P@4'5B;&EC($9I;F%N8V4@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E
M(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT,#`N
M-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0Y,2XW/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3$N-3`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#@N-S`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y';&]B86P@4'5B;&EC($9I;F%N8V4@6TUE;6)E
M<ET@?"!5(%,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-C$N-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C0T-2XW/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.#(N-C`E/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^.#`N-#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y';&]B86P@4'5B;&EC($9I;F%N8V4@6TUE;6)E<ET@?"!.;VXM56YI=&5D
M(%-T871E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,Y+C$\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XT-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C@N.3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^."XS,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=L;V)A
M;"!3=')U8W1U<F5D($9I;F%N8V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN
M($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-RXQ/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C(N-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@N-3`E/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3$N,S`E/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y'96YE<F%L($]B;&EG871I;VX@6TUE;6)E<ET@?"!';&]B
M86P@4'5B;&EC($9I;F%N8V4@6TUE;6)E<ET@?"!5(%,@6TUE;6)E<ET\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,C(N.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$U,RXU
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC
M92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@N
M,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C<N-S`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'96YE<F%L($]B;&EG871I;VX@
M+2!,96%S92!;365M8F5R72!\($=L;V)A;"!0=6)L:6,@1FEN86YC92!;365M
M8F5R72!\(%4@4R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(W+CD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS-"XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-BXT,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XV+C(P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M375N:6-I<&%L(%5T:6QI=&EE<R!;365M8F5R72!\($=L;V)A;"!0=6)L:6,@
M1FEN86YC92!;365M8F5R72!\(%4@4R!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@
M:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8P+C4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW.#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S+C@P)3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$T+C$P)3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^5&%X+4)A8VME9"!;365M8F5R72!\($=L;V)A;"!0=6)L
M:6,@1FEN86YC92!;365M8F5R72!\(%4@4R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N
M8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4S
M+C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-BXQ/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(N,C`E/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$N.3`E/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y487@M0F%C:V5D(%M-96UB97)=('P@1VQO8F%L
M(%!U8FQI8R!&:6YA;F-E(%M-96UB97)=('P@3F]N+55N:71E9"!3=&%T97,@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP+C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XP+C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@
M26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XP+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N,#`E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4<F%N<W!O<G1A=&EO
M;B!;365M8F5R72!\($=L;V)A;"!0=6)L:6,@1FEN86YC92!;365M8F5R72!\
M(%4@4R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,X+C0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT-BXR/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^."XX,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XX+C,P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')A;G-P
M;W)T871I;VX@6TUE;6)E<ET@?"!';&]B86P@4'5B;&EC($9I;F%N8V4@6TUE
M;6)E<ET@?"!.;VXM56YI=&5D(%-T871E<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N
M8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDN
M-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$R+C(\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+C(P)3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(N,C`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y(:6=H97(@161U8V%T:6]N(%M-96UB97)=('P@1VQO
M8F%L(%!U8FQI8R!&:6YA;F-E(%M-96UB97)=('P@52!3(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3DN-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(T+C$\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E
M(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+C4P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0N,S`E/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y(96%L=&@@0V%R92!;365M8F5R72!\
M($=L;V)A;"!0=6)L:6,@1FEN86YC92!;365M8F5R72!\(%4@4R!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C@N-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDN
M-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U<F%N
M8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$N
M.3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2XW,"4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUI;&ET87)Y($AO=7-I;F<@6TUE
M;6)E<ET@?"!';&]B86P@4'5B;&EC($9I;F%N8V4@6TUE;6)E<ET@?"!5(%,@
M6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ."XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3DN,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)2!O
M9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C0N,C`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RXU
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&]R+4]W
M;F5D(%5T:6QI=&EE<R!;365M8F5R72!\($=L;V)A;"!0=6)L:6,@1FEN86YC
M92!;365M8F5R72!\(%4@4R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R
M8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8N,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-RXR/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=
M/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@
M26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+C0P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,2XS,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^375N:6-I<&%L($AO=7-I;F<@6TUE;6)E<ET@?"!'
M;&]B86P@4'5B;&EC($9I;F%N8V4@6TUE;6)E<ET@?"!5(%,@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XS+C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+C@\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E
M(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP+C@P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N.3`E/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!0=6)L:6,@1FEN86YC92!;
M365M8F5R72!\($=L;V)A;"!0=6)L:6,@1FEN86YC92!;365M8F5R72!\(%4@
M4R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(N-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELR73PO<W5P/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN<W5R86YC92!I;B!&;W)C
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,"XV,"4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,ET\
M+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N-3`E/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^
M6S)=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M=&5R;F%T:6]N86P@571I;&ET:65S(%M-96UB97)=('P@1VQO8F%L(%!U8FQI
M8R!&:6YA;F-E(%M-96UB97)=('P@3F]N+55N:71E9"!3=&%T97,@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,RXT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,34N.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U
M<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C,N,3`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BXY,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-O=F5R96EG;B!296QA=&5D
M($%N9"!3=6(M4V]V97)E:6=N(%M-96UB97)=('P@1VQO8F%L(%!U8FQI8R!&
M:6YA;F-E(%M-96UB97)=('P@3F]N+55N:71E9"!3=&%T97,@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ-2XU/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ-RXS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CQS=7`^6S-=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+C4P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELS73PO<W5P/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RXQ,"4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;,UT\+W-U
M<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]C86P@1V]V
M97)N;65N=',@6TUE;6)E<ET@?"!';&]B86P@4'5B;&EC($9I;F%N8V4@6TUE
M;6)E<ET@?"!.;VXM56YI=&5D(%-T871E<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N
M8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`N
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M<W5P/ELT73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,"XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CQS=7`^6S1=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/B4@;V8@26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP+C$P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELT73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,"XQ,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-%T\+W-U<#X\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]L;&%T97)A;&EZ960@1&5B="!/
M8FQI9V%T:6]N<R!;365M8F5R72!\($=L;V)A;"!3=')U8W1U<F5D($9I;F%N
M8V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YS=7)A;F-E(&EN($9O<F-E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ-"XW/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S5=/"]S=7`^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS,2XW/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CQS=7`^6S5=/"]S=7`^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/B4@;V8@26YS=7)A;F-E(&EN
M($9O<F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+C0P)3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELU73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-2XW
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;-5T\+W-U<#X\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4F5S:61E;G1I86P@36]R=&=A9V4@0F%C:V5D(%-E8W5R:71I97,@6TUE
M;6)E<ET@?"!';&]B86P@4W1R=6-T=7)E9"!&:6YA;F-E(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^.2XY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(N-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^)2!O9B!);G-U<F%N8V4@
M:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(N,S`E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BXR,"4\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UE<F-I86P@36]R=&=A9V4@0F%C
M:V5D(%-E8W5R:71I97,@6TUE;6)E<ET@?"!';&]B86P@4W1R=6-T=7)E9"!&
M:6YA;F-E(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2XQ/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,2XV/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XE(&]F($EN<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,"XS,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP+C,P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]N<W5M
M97(@07-S970@0F%C:V5D(%M-96UB97)=('P@1VQO8F%L(%-T<G5C='5R960@
M1FEN86YC92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$N.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(N.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^)2!O9B!);G-U<F%N8V4@:6X@1F]R8V4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`N-#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,"XU,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O<G!O
M<F%T92!!<W-E="!"86-K960@6TUE;6)E<ET@?"!';&]B86P@4W1R=6-T=7)E
M9"!&:6YA;F-E(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN<W5R86YC92!I;B!&;W)C93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Y+C4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/'-U<#Y;-ET\+W-U<#X\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,30N,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELV73PO
M<W5P/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XE(&]F($EN
M<W5R86YC92!I;B!&;W)C93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,BXQ,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+C8P)3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1D(&-O;'-P
M86X],T0U/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;,5T\
M+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#0@=F%L:6=N/3-$=&]P/CQD
M:78@>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/DEN8VQU
M9&5S(&EN=F5S=&]R(&]W;F5D('5T:6QI=&EE<RP@:6YD=7-T<FEA;"!D979E
M;&]P;65N="!A;F0@<&]L;'5T:6]N(&-O;G1R;VP@<F5V96YU92!B;VYD<RX\
M+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1&EN
M;F5R1F]O=&YO=&4^#0H@("`@("`@(#QT9"!V86QI9VX],T1T;W`^6S)=/"]T
M9#X-"B`@("`@("`@/'1D(&-O;'-P86X],T0T('9A;&EG;CTS1'1O<#X\9&EV
M('AM;&YS/3-$:'1T<#HO+W=W=RYW,RYO<F<O,3DY.2]X:'1M;#Y);F-L=61E
M<R!C97)T86EN(&YO;BUP<F]F:70@96YT97)P<FES97,L('-T861I=6T@<F5L
M871E9"!F:6YA;F-I;F<@86YD('-T=61E;G0@;&]A;G,N/"]D:78^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N;W1E
M/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELS73PO=&0^#0H@("`@("`@
M(#QT9"!C;VQS<&%N/3-$-"!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS1&AT
M='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^26YC;'5D97,@<F5G:6]N<RP@
M9&5P87)T;65N=',@;W(@=&AE:7(@97%U:79A;&5N="!I;B!E86-H(&IU<FES
M9&EC=&EO;B!A<R!W96QL(&%S('-O=F5R96EG;B!O=VYE9"!E;G1I=&EE<R!T
M:&%T(&%R92!S=7!P;W)T960@8GD@82!S;W9E<F5I9VX@<W1A=&4L(')E9VEO
M;B!O<B!D97!A<G1M96YT+CPO9&EV/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$:6YN97)&;V]T;F]T93X-"B`@("`@("`@/'1D('9A
M;&EG;CTS1'1O<#Y;-%T\+W1D/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#0@
M=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,],T1H='1P.B\O=W=W+G<S+F]R9R\Q
M.3DY+WAH=&UL/DEN8VQU9&5S(&UU;FEC:7!A;"!O=VYE9"!E;G1I=&EE<R!B
M86-K960@8GD@<W!O;G-O<FEN9R!L;V-A;"!G;W9E<FYM96YT+CPO9&EV/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$:6YN97)&;V]T
M;F]T93X-"B`@("`@("`@/'1D('9A;&EG;CTS1'1O<#Y;-5T\+W1D/@T*("`@
M("`@("`\=&0@8V]L<W!A;CTS1#0@=F%L:6=N/3-$=&]P/CQD:78@>&UL;G,]
M,T1H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+WAH=&UL/DEN8VQU9&5S('1R86YS
M86-T:6]N<R`H<F5P<F5S96YT960@8GD@<W1R=6-T=7)E9"!P;V]L<R!O9B!P
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M=&5S=',N/"]D:78^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1I;FYE<D9O;W1N;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P
M/ELV73PO=&0^#0H@("`@("`@(#QT9"!C;VQS<&%N/3-$-"!V86QI9VX],T1T
M;W`^/&1I=B!X;6QN<STS1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^
M26YC;'5D97,@)#4N,R!B:6QL:6]N(&%N9"`D-2XU(&)I;&QI;VX@;V8@<W1R
M=6-T=7)E9"!I;G-U<F%N8V4@<V5C=7)I=&EZ871I;VYS(&%S(&]F($1E8V5M
M8F5R(#,Q+"`R,#$T(&%N9"`R,#$S+"!R97-P96-T:79E;'DN/"]D:78^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H
M=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#
M.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H
M965T<R]3:&5E=#$Q,"YH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG
M.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@
M8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\
M345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X
M="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA
M=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@
M0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A
M8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P1319044^#0H@("`@("`\='(^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X]
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M=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS
M1#(^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!9V=R96=A=&4@06UO=6YT($]F($EN<W5R960@4&%R($]U
M='-T86YD:6YG($-E9&5D(%1O(%)E:6YS=7)E<G,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@-BPP.#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#<L,3`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y296EN<W5R86YC92!296-O=F5R86)L97,@4V5C
M=7)E9"!">2!,971T97)S($]F($-R961I="!!;6]U;G0\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y296EN<W5R86YC92!296-O=F5R86)L93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S($%A82!;365M8F5R72!\(%,F
M86UP.U`@04$K(%M-96UB97)=('P@3W9E<G-E87,@4')I=F%T92!);G9E<W1M
M96YT($-O<G!O<F%T:6]N(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%G
M9W)E9V%T92!!;6]U;G0@3V8@26YS=7)E9"!087(@3W5T<W1A;F1I;F<@0V5D
M960@5&\@4F5I;G-U<F5R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C@Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;V]D>2=S
M($$R(&]R(&%B;W9E(%M-96UB97)=('P@4R9A;7`[4"!!+2!O<B!A8F]V92!;
M365M8F5R72!\($]T:&5R<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!
M9V=R96=A=&4@06UO=6YT($]F($EN<W5R960@4&%R($]U='-T86YD:6YG($-E
M9&5D(%1O(%)E:6YS=7)E<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$T-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5I;G-U
M<F%N8V4@4F5C;W9E<F%B;&5S(%-E8W5R960@0GD@3&5T=&5R<R!/9B!#<F5D
M:70@06UO=6YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-;V]D)WES($$S(%)A=&EN
M9R!;365M8F5R72!\(%,F86UP.U`@04$@6TUE;6)E<ET@?"!!<W-U<F5D($=U
M87)A;G1Y($-O<G`@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06=G<F5G
M871E($%M;W5N="!/9B!);G-U<F5D(%!A<B!/=71S=&%N9&EN9R!#961E9"!4
M;R!296EN<W5R97)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+#`Q.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5I;G-U<F%N
M8V4@4F5C;W9E<F%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^36]O9'DG<R!"86$@,2!2871I;F<@6TUE;6)E<ET@?"!3)F%M<#M0($%!
M(%M-96UB97)=('P@07-S=7)E9"!'=6%R86YT>2!292!,=&0@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^06=G<F5G871E($%M;W5N="!/9B!);G-U<F5D
M(%!A<B!/=71S=&%N9&EN9R!#961E9"!4;R!296EN<W5R97)S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#8S-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4F5I;G-U<F%N8V4@4F5C;W9E<F%B;&5S(%-E8W5R
M960@0GD@3&5T=&5R<R!/9B!#<F5D:70@06UO=6YT/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4F5I;G-U<F%N8V4@4F5C;W9E<F%B;&4\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#0^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N
M;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@("`@
M("`@(#QT9"!C;VQS<&%N/3-$,R!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS
M1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^5&]T86P@<F5I;G-U<F%N
M8V4@<F5C;W9E<F%B;&4@:7,@<')I;6%R:6QY(')E;&%T960@=&\@<F5C;W9E
M<F%B;&5S(&]N('5N<&%I9"!L;W-S97,N/"]D:78^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM
M+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E
M9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y
M8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$Q
M,2YH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I
M;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M
M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q
M=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R
M<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C
M/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO
M<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$
M<F5P;W)T(&ED/3-$240P15I,04,^#0H@("`@("`\='(^#0H@("`@("`@(#QT
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M('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N
M9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN<W5R86YC92!I;B!&
M;W)C92!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D1I<F5C=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`T,#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#0P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@-#@Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!<W-U;65D/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-C<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ,S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F]S<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-#8W/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C$Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#961E9"!P<F5M:75M<R!E
M87)N960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$R*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$P*3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$T
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E!R96UI=6US(&5A<FYE9"`H;F5T(&]F(&-E9&5D('!R96UI=6US(&]F
M("0Q,BP@)#$P(&%N9"`D,30I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#,Y-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@-#4W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`V,#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM
M+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V
M965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E
M=#$Q,BYH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M
M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB
M=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P
M+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C
M:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@
M<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J
M+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S
M/3-$<F5P;W)T(&ED/3-$240P14Y:0D<^#0H@("`@("`\='(^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O
M;F<^26YS=7)A;F-E(%)E9W5L871I;VYS($%N9"!$:79I9&5N9',@*$YA<G)A
M=&EV92D@*$1E=&%I;"D@*%531"`D*3QB<CX\+W-T<F]N9SX\+W1H/@T*("`@
M("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,CXQ,B!-;VYT:',@16YD
M960\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N/3-$,3X\
M+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H/E-E<"X@,S`L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^26YS=7)A;F-E(%)E9W5L871I
M;VYS($%N9"!$:79I9&5N9',@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!E<F-E;G1A9V4@;V8@<&]L
M:6-Y:&]L9&5R<R<@<W5R<&QU<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3`N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y097)C96YT86=E(&]F(&%D:G5S=&5D(&YE="!I;G9E
M<W1M96YT(&EN8V]M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3`P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^36%X:6UU;2!P97)C96YT86=E(&]F(&YO=&EO;F%L(&%S<V5T
M('-W87`\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4N,#`E/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-
M:6YI;75M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^26YS=7)A;F-E(%)E9W5L871I;VYS($%N9"!$:79I9&5N
M9',@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E!O;&EC>6AO;&1E<G,G('-U<G!L=7,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-C4L,#`P+#`P,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^34))02!#;W)P
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^26YS=7)A;F-E(%)E9W5L871I;VYS($%N9"!$:79I9&5N9',@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E)E<75E<W1E9"!C;VYT:6YG96YC>2!R97-E<G9E(')E;&5A<V4@
M=&\@<W5R<&QU<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ
M,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4W1A='5T;W)Y(&YE="!L;W-S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS-2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#DT+#`P,"PP,#`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-T871U
M=&]R>2!C87!I=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX
M-3DL,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C@R-2PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0;VQI8WEH;VQD97)S)R!S=7)P;'5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-#(L,#`P+#`P,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M0V]N=&EN9V5N8WD@<F5S97)V97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,Q-RPP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y-0DE!($-O<G`@6TUE;6)E<ET@?"!-:6YI
M;75M(%-U<G!L=7,@06YD($-O;G1I;F=E;F-Y(%)E<V5R=F5S(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^26YS
M=7)A;F-E(%)E9W5L871I;VYS($%N9"!$:79I9&5N9',@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M=F5S=&UE;G1S(&EN(&-E<G1A:6X@<75A;&EF:6YG(&%S<V5T<SPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`P+C`P)3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^34))02!#;W)P(%M-
M96UB97)=('P@3&]S<R!297-E<G9E<R!!;F0@56YE87)N960@4')E;6EU;2!2
M97-E<G9E<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/DEN<W5R86YC92!296=U;&%T:6]N<R!!;F0@1&EV:61E
M;F1S(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y);G9E<W1M96YT<R!I;B!C97)T86EN('%U86QI9FEN
M9R!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4P+C`P
M)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^34))02!#;W)P(%M-96UB97)=('P@4&]L:6-Y:&]L9&5R<R!3=7)P;'5S
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^26YS=7)A;F-E(%)E9W5L871I;VYS($%N9"!$:79I9&5N9',@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E-T871U=&]R>2!S=7)P;'5S(&YE9V%T:79E(&EM<&%C=#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`V+#`P,"PP,#`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUA>&EM
M=6T@<&5R8V5N=&%G92!O9B!S=&%T=71O<GD@861M:71T960@87-S971S(&EN
M=F5S=&5D(&EN('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-3`N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y-0DE!($-O<G`@6TUE;6)E<ET@?"!3=7)P;'5S
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^26YS=7)A;F-E(%)E9W5L871I;VYS($%N9"!$:79I9&5N9',@6TQI
M;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DUA>&EM=6T@<&5R8V5N=&%G92!O9B!S=&%T=71O<GD@861M:71T
M960@87-S971S(&EN=F5S=&5D(&EN('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-C`N,#`E/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.871I;VYA;"!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DEN
M<W5R86YC92!296=U;&%T:6]N<R!!;F0@1&EV:61E;F1S(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$
M:79I9&5N9',@9G)O;2!S=6)S:61I87)I97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(R,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3=&%T=71O<GD@8V%P:71A;#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPS,#`L,#`P+#`P,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,L
M,S`P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E!O;&EC>6AO;&1E<G,G('-U<G!L=7,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(L,C`P+#`P,"PP,#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;G1I;F=E
M;F-Y(')E<V5R=F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M+#$P,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y3=&%T=71O<GD@;F5T(&EN8V]M93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R,S@L,#`P+#`P,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C4V+#`P,"PP
M,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L
M93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B
M93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,
M;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A
M.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$Q,RYH=&UL#0I#;VYT96YT
M+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT
M+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL
M/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4
M>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R
M:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$
M;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-
M"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P
M14HR04<^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O
M;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^4&5N<VEO;B!!;F0@4')O
M9FET(%-H87)I;F<@4&QA;G,@*$YA<G)A=&EV92D@*$1E=&%I;"D@*%531"`D
M*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S<&5C:69I960\
M+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C;VQS<&%N
M/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q-#QB
M<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$S
M/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P
M,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^1&5F:6YE9"!"96YE9FET(%!L86X@1&ES8VQO<W5R92!;3&EN92!)=&5M
M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M36%X:6UU;2!A;FYU86P@8V]M<&5N<V%T:6]N('-U8FIE8W0@=&\@<&5N<VEO
M;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q+C4\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E9FEN
M960@8V]N=')I8G5T:6]N('!E;G-I;VX@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$969I;F5D($)E;F5F:70@
M4&QA;B!$:7-C;&]S=7)E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VYT<FEB=71I;VX@<&5R8V5N
M=&%G92!O9B!E;&EG:6)L92!E;7!L;WEE97,@8V]M<&5N<V%T:6]N/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,"XP,"4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9E<W1E9"!A9G1E
M<B!T=V\@>65A<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(P
M+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5F5S=&5D(&%F=&5R('1H<F5E('EE87)S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XV,"XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9E<W1E9"!A9G1E<B!F;W5R('EE
M87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX,"XP,"4\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E9E
M<W1E9"!A9G1E<B!F:79E('EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ,#`N,#`E/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y096YS:6]N(&5X<&5N<V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^475A;&EF:65D('!R;V9I="US:&%R
M:6YG+S0P,2AK*2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/D1E9FEN960@0F5N969I="!0;&%N($1I<V-L;W-U
M<F4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-O;G1R:6)U=&EO;B!P97)C96YT86=E(&]F(&5L:6=I
M8FQE(&5M<&QO>65E<R!C;VUP96YS871I;VX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(U+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5F5S=&5D(&%F=&5R('1W;R!Y96%R<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`N,#`E/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y697-T960@
M869T97(@=&AR964@>65A<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C8P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^5F5S=&5D(&%F=&5R(&9O=7(@>65A<G,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C@P+C`P)3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5F5S=&5D(&%F=&5R(&9I
M=F4@>65A<G,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P,"XP
M,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E!E;G-I;VX@97AP96YS93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y#;VYT<FEB=71I;VYS('!E<F-E;G1A9V4@;V8@96UP;&]Y
M97(@;6%T8V@\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4N,#`E
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y.;VXM<75A;&EF:65D('!E;G-I;VX@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$969I;F5D($)E;F5F:70@
M4&QA;B!$:7-C;&]S=7)E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y096YS:6]N(&5X<&5N<V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F]N+7%U86QI9FEE
M9"!P<F]F:70M<VAA<FEN9R\T,#$H:RD@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY$969I;F5D($)E;F5F:70@
M4&QA;B!$:7-C;&]S=7)E(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y096YS:6]N(&5X<&5N<V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O
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M/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N
M=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS
M1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO
M=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-
M"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%3U9#23X-"B`@
M("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@
M<F]W<W!A;CTS1#(^/'-T<F]N9SY,;VYG+71E<FT@26YC96YT:79E(%!L86YS
M("A.87)R871I=F4I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L
M(&5X8V5P="!3:&%R92!D871A+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE
M9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P
M86X],T0S/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H(&-O;'-P86X],T0Q/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3,\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q
M,CQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R
M,#$Q/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/E-H87)E+6)A<V5D($-O;7!E;G-A=&EO;B!!<G)A;F=E;65N="!B>2!3
M:&%R92UB87-E9"!087EM96YT($%W87)D(%M,:6YE($ET96US73PO<W1R;VYG
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y)4T\@86YD($Y1
M4T\@9W)A;G1E9"!P<FEC92!A="!F86ER('9A;'5E(&]F(&-O;6UO;B!S=&]C
M:RP@<&5R8V5N=&%G93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3`P+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3W!T:6]N<R!E>'!I<F5D(&]R(&-A;F-E;&5D/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XW-C<L-#`V/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPR-#<L.#8R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#8Q+#@P
M-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4W1O8VL@;W!T:6]N(&%W87)D<R!E>&5R8VES960\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F($]P=&EO
M;G,L($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR+#4T."PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS+#<Q-2PT,#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XU+#DV,RPR-C@\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#0R-2PP-S,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]M;FEB
M=7,@4&QA;B!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#X\<W1R;VYG/E-H87)E+6)A<V5D($-O;7!E;G-A=&EO;B!!<G)A;F=E
M;65N="!B>2!3:&%R92UB87-E9"!087EM96YT($%W87)D(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4
M;W1A;"!N=6UB97(@;V8@<VAA<F5S(&]F(&-O;6UO;B!S=&]C:R!R97-E<G9E
M9"!A;F0@879A:6QA8FQE(&9O<B!I<W-U86YC93PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4VAA<F5H;VQD97(@87!P<F]V
M960@:6YC<F5A<V4@:6X@8V]M;6]N('-T;V-K(')E<V5R=F5D(&%N9"!A=F%I
M;&%B;&4@9F]R(&ES<W5A;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ-"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y3:&%R97,@:7-S=65D('5N9&5R($]M;FEB=7,@
M4&QA;B!I;B!C;VYN96-T:6]N('=I=&@@<W1O8VL@;W!T:6]N<RP@8V]U;G0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-H87)E<R]U;FET
M<R!A=F%I;&%B;&4@9F]R(&9U='5R92!G<F%N=',\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C8L,#4V+#$V.#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3VUN:6)U<R!0;&%N(%M-96UB
M97)=('P@069T97(@36%Y(#$L(#(P,3(@06UE;F1M96YT(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4VAA<F4M
M8F%S960@0V]M<&5N<V%T:6]N($%R<F%N9V5M96YT(&)Y(%-H87)E+6)A<V5D
M(%!A>6UE;G0@07=A<F0@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E-H87)E<R!I<W-U960@=6YD97(@
M3VUN:6)U<R!0;&%N(&EN(&-O;FYE8W1I;VX@=VET:"!O=&AE<B!T:&%N('-T
M;V-K(&]P=&EO;G,L(&-O=6YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y/;6YI8G5S(%!L86X@6TUE;6)E<ET@?"!0<FEO<B!4;R!-
M87D@,2P@,C`Q,B!!;65N9&UE;G0@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3:&%R92UB87-E9"!#;VUP96YS
M871I;VX@07)R86YG96UE;G0@8GD@4VAA<F4M8F%S960@4&%Y;65N="!!=V%R
M9"!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4VAA<F5S(&ES<W5E9"!U;F1E<B!/;6YI8G5S(%!L86X@
M:6X@8V]N;F5C=&EO;B!W:71H(&]T:&5R('1H86X@<W1O8VL@;W!T:6]N<RP@
M8V]U;G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E<W1R
M:6-T960@4W1O8VL@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY3:&%R92UB87-E9"!#;VUP96YS871I;VX@07)R
M86YG96UE;G0@8GD@4VAA<F4M8F%S960@4&%Y;65N="!!=V%R9"!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^1W)A;G1E9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPR
M-C,L-#<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-#0Y+#DS,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C(L-C@Y+#4T,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F]R9F5I=&5D/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ,C,L,3(P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPY-C@L-3,P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@P+#8V-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4W1O8VL@:7-S=65D(&1U<FEN9R!P97)I;V0L('9A;'5E+"!R97-T<FEC=&5D
M('-T;V-K(&%W87)D+"!G<F]S<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^(#,Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^(#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E-T;V-K(&ES<W5E9"!D=7)I;F<@<&5R:6]D+"!V86QU
M92P@<F5S=')I8W1E9"!S=&]C:R!A=V%R9"P@9F]R9F5I='5R97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3:&%R92UB87-E9"!C;VUP
M96YS871I;VX@97AP96YS92`H8F5N969I="D\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5&%X(&)E;F5F:70@<F5L871E9"!T;R!R
M97-T<FEC=&5D('-H87)E(&%W87)D<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y5;G)E8V]G;FEZ960@8V]M<&5N<V%T:6]N(&-O<W0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>'!E8W1E9"!T
M;R!B92!R96-O9VYI>F5D(&%S(&5X<&5N<V4@;W9E<B!A('=E:6=H=&5D(&%V
M97)A9V4@<&5R:6]D+"!Y96%R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^,2!Y96%R(#D@;6]N=&AS(#(Y(&1A>7,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]T:&5R('1H86X@;W!T
M:6]N<R!O=71S=&%N9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-BPS-3@L.#(V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,RPX,S(L,3$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-RPS,C`L,3$P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-"PX.#$L-S@R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y297-T
M<FEC=&5D(%-T;V-K(%M-96UB97)=('P@36EN:6UU;2!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-H87)E+6)A
M<V5D($-O;7!E;G-A=&EO;B!!<G)A;F=E;65N="!B>2!3:&%R92UB87-E9"!0
M87EM96YT($%W87)D(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@:6YC96YT:79E(&%W
M87)D<R!V97-T:6YG('!E<FEO9"P@>65A<G,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/C,@>65A<G,@,"!M;VYT:',@,"!D87ES/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y297-T<FEC
M=&5D(%-T;V-K(%M-96UB97)=('P@36%X:6UU;2!;365M8F5R73PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-H87)E+6)A<V5D
M($-O;7!E;G-A=&EO;B!!<G)A;F=E;65N="!B>2!3:&%R92UB87-E9"!087EM
M96YT($%W87)D(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@:6YC96YT:79E(&%W87)D
M<R!V97-T:6YG('!E<FEO9"P@>65A<G,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/C4@>65A<G,@,"!M;VYT:',@,"!D87ES/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y297-T<FEC=&5D
M(%-H87)E(%5N:70@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY3:&%R92UB87-E9"!#;VUP96YS871I;VX@07)R
M86YG96UE;G0@8GD@4VAA<F4M8F%S960@4&%Y;65N="!!=V%R9"!;3&EN92!)
M=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5&]T86P@;G5M8F5R(&]F('-H87)E<R!O9B!C;VUM;VX@<W1O8VL@<F5S
M97)V960@86YD(&%V86EL86)L92!F;W(@:7-S=6%N8V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,U,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F9E:71E9#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S@L,#`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@:6YC
M96YT:79E(&%W87)D<R!V97-T:6YG('!E<FEO9"P@>65A<G,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/C4@>65A<G,@,"!M;VYT:',@,"!D87ES
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y/=&AE<B!T:&%N(&]P=&EO;G,@;W5T<W1A;F1I;F<\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$X-2PS,3(\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5M<&QO>65E(%-T;V-K($]P
M=&EO;B!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/E-H87)E+6)A<V5D($-O;7!E;G-A=&EO;B!!<G)A;F=E;65N
M="!B>2!3:&%R92UB87-E9"!087EM96YT($%W87)D(%M,:6YE($ET96US73PO
M<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3:&%R
M92UB87-E9"!C;VUP96YS871I;VX@97AP96YS92`H8F5N969I="D\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y487@@8F5N969I="!R96QA
M=&5D('1O(')E<W1R:6-T960@<VAA<F4@87=A<F1S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#X@-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B`U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^(#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D5M<&QO>65E(%-T;V-K($]P=&EO
M;B!;365M8F5R72!\($UI;FEM=6T@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3:&%R92UB87-E9"!#;VUP96YS
M871I;VX@07)R86YG96UE;G0@8GD@4VAA<F4M8F%S960@4&%Y;65N="!!=V%R
M9"!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3&]N9RUT97)M(&EN8V5N=&EV92!A=V%R9',@97AP:7)A
M=&EO;B!P97)I;V0L('EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#XW('EE87)S(#`@;6]N=&AS(#`@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&]N9RUT97)M(&EN8V5N
M=&EV92!A=V%R9',@=F5S=&EN9R!P97)I;V0L('EE87)S/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#XT('EE87)S(#`@;6]N=&AS(#`@9&%Y<SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M16UP;&]Y964@4W1O8VL@3W!T:6]N(%M-96UB97)=('P@36%X:6UU;2!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/E-H87)E+6)A<V5D($-O;7!E;G-A=&EO;B!!<G)A;F=E;65N="!B>2!3:&%R
M92UB87-E9"!087EM96YT($%W87)D(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+71E<FT@:6YC
M96YT:79E(&%W87)D<R!E>'!I<F%T:6]N('!E<FEO9"P@>65A<G,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/C$P('EE87)S(#`@;6]N=&AS(#`@
M9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&]N9RUT97)M(&EN8V5N=&EV92!A=V%R9',@=F5S=&EN9R!P97)I
M;V0L('EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XU('EE
M87)S(#`@;6]N=&AS(#`@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4&5R9F]R;6%N8V4@0F%S960@07=A<F1S
M(%M-96UB97)=('P@2V5Y($5M<&QO>65E<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-H87)E+6)A<V5D($-O
M;7!E;G-A=&EO;B!!<G)A;F=E;65N="!B>2!3:&%R92UB87-E9"!087EM96YT
M($%W87)D(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y'<F%N=&5D/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H
M=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A
M86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#
M.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H
M965T<R]3:&5E=#$Q-2YH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG
M.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@
M8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\
M345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X
M="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA
M=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@
M0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A
M8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P1455044^#0H@("`@("`\='(^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X]
M,T0R/CQS=')O;F<^3&]N9RU497)M($EN8V5N=&EV92!0;&%N<R`H4F5S=')I
M8W1E9"!3:&%R97,@3W5T<W1A;F1I;F<I("A$971A:6PI("A297-T<FEC=&5D
M(%-T;V-K(%M-96UB97)=+"!54T0@)"D\8G(^/"]S=')O;F<^/"]T:#X-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N
M9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@
M("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y297-T<FEC=&5D(%-T;V-K(%M-96UB
M97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^
M4VAA<F4M8F%S960@0V]M<&5N<V%T:6]N($%R<F%N9V5M96YT(&)Y(%-H87)E
M+6)A<V5D(%!A>6UE;G0@07=A<F0@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]U='-T86YD:6YG(&%T
M(&)E9VEN;FEN9R!O9B!Y96%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS+#@S,BPQ,34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XW+#,R,"PQ,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#@X,2PW.#(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D=R86YT960\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,L,C8S+#0W,CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0T.2PY,S$\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+#8X.2PU-#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E9E<W1E9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH-C$S+#8T,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Y-CDL,SDV*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#<P+#4T.2D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F9E:71E9#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3(S+#$R,"D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#DV."PU,S`I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3@P
M+#8V-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D]U='-T86YD:6YG(&%T(&5N9"!O9B!Y96%R/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XV+#,U."PX,C8\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#@S,BPQ,34\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW+#,R,"PQ
M,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D]U='-T86YD:6YG(&%T(&)E9VEN;FEN9R!O9B!Y96%R+"!796EG:'1E
M9"!!=F5R86=E(%!R:6-E('!E<B!3:&%R93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`W+C8T,S@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XD(#8N.#`Q-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-BXT,3,T/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y'<F%N=&5D
M+"!796EG:'1E9"!!=F5R86=E(%!R:6-E('!E<B!3:&%R93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q,BXP,C@T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q,RXP-S0Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`W+CDR
M.3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E9E<W1E9"P@5V5I9VAT960@079E<F%G92!0<FEC92!P97(@4VAA<F4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-2XY-C8Q/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Y+C@T
M,#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XD(#$V+C<Y,#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9O<F9E:71E9"P@5V5I9VAT960@079E<F%G92!0<FEC
M92!P97(@4VAA<F4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,3`N,CDT,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@-2XV-S(T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^)"`Y+C(X-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W5T<W1A;F1I;F<@870@96YD(&]F
M('EE87(L(%=E:6=H=&5D($%V97)A9V4@4')I8V4@<&5R(%-H87)E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$P+C`P-#<\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#<N-C0S.#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M-BXX,#$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO
M=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R
M=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E
M;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A
M8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q,38N:'1M;`T*0V]N
M=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N
M=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\
M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E
M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^
M/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^
M+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE
M860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS
M1$E$,$4V2D%%/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/DQO;F<M5&5R;2!)
M;F-E;G1I=F4@4&QA;G,@*%-T;V-K($]P=&EO;G,@3W5T<W1A;F1I;F<I("A$
M971A:6PI("A54T0@)"D\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQO;F<M5&5R;2!);F-E;G1I=F4@4&QA
M;G,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.=6UB97(@;V8@<VAA<F5S+"!O=71S=&%N9&EN9R!A="!B
M96=I;FYI;F<@;V8@>65A<CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,RPW,34L-#`V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-2PY-C,L,C8X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-BPT,C4L,#<S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3=&]C:R!O<'1I;VX@
M87=A<F1S(&5X97)C:7-E9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH-#`P+#`P,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3W!T:6]N<R!E>'!I<F5D(&]R(&-A;F-E;&5D/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@W-C<L-#`V*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(L,C0W+#@V
M,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@T-C$L.#`U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3G5M8F5R(&]F('-H87)E<RP@;W5T<W1A;F1I;F<@870@
M96YD(&]F('EE87(\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L
M-30X+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,L-S$U+#0P-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C4L.38S+#(V.#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F('-H87)E<RP@
M97AE<F-I<V%B;&4@870@96YD(&]F('EE87(\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L-SDX+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-S4R+#,Q,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-S4Q+#$W,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W5T
M<W1A;F1I;F<@870@8F5G:6YN:6YG(&]F('EE87(L('=E:6=H=&5D(&%V97)A
M9V4@<')I8V4@<&5R('-H87)E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#(P+C8X.#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#$Y+C`T.#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(Q+C,S,SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^17AE<F-I<V5D+"!W
M96EG:'1E9"!A=F5R86=E('!R:6-E('!E<B!S:&%R93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`T+C`R/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>'!I<F5D(&]R(&-A
M;F-E;&5D+"!W96EG:'1E9"!A=F5R86=E('!R:6-E('!E<B!S:&%R93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V,2XU.#$U/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q-BXS,S@R
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M)"`U,"XX,S,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D]U='-T86YD:6YG(&%T(&5N9"!O9B!Y96%R+"!W96EG:'1E
M9"!A=F5R86=E('!R:6-E('!E<B!S:&%R93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`Q,"XY.#@X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R,"XV.#@S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q.2XP-#@U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y%>&5R
M8VES86)L92!A="!E;F0@;V8@>65A<BP@=V5I9VAT960@879E<F%G92!P<FEC
M92!P97(@<VAA<F4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@
M,3,N-#8V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`S."XU,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#0U+C`Q-S0\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*
M#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y
M-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X
M9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3
M:&5E=#$Q-RYH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T
M960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E
M=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H
M='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL
M.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I
M<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N
M="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L
M87-S/3-$<F5P;W)T(&ED/3-$240P14Y504D^#0H@("`@("`\='(^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS
M=')O;F<^3&]N9RU497)M($EN8V5N=&EV92!0;&%N<R`H3W5T<W1A;F1I;F<@
M06YD($5X97)C:7-A8FQE(%-T;V-K($]P=&EO;G,I("A$971A:6PI("A54T0@
M)"D\8G(^26X@36EL;&EO;G,L(&5X8V5P="!3:&%R92!D871A+"!U;FQE<W,@
M;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/C$R($UO;G1H<R!%;F1E9#PO=&@^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/CPO=&@^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/CPO=&@^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/CPO=&@^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N
M(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E
M8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^
M1&5C+B`S,2P@,C`Q,CQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:#Y$96,N(#,Q+"`R,#$Q/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/E-H87)E+6)A<V5D($-O;7!E;G-A=&EO;BP@4VAA
M<F5S($%U=&AO<FEZ960@=6YD97(@4W1O8VL@3W!T:6]N(%!L86YS+"!%>&5R
M8VES92!0<FEC92!286YG92!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F($]P=&EO;G,L
M($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M+#4T."PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XS+#<Q-2PT,#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XU+#DV,RPR-C@\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#0R-2PP-S,\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYU;6)E<B!O
M9B!/<'1I;VYS+"!%>&5R8VES86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,2PW.3@L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,2PW-3(L,S$Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PW-3$L,3<S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG:'1E
M9"!!=F5R86=E(%)E;6%I;FEN9R!#;VYT<F%C='5A;"!,:69E(&EN(%EE87)S
M+"!3=&]C:R!/<'1I;VYS($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#XQ('EE87(@-B!M;VYT:',@,CD@9&%Y<SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V5I9VAT
M960@079E<F%G92!%>&5R8VES92!0<FEC92P@4W1O8VL@3W!T:6]N<R!/=71S
M=&%N9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q,"XY
M.#@X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`R,"XV.#@S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`Q.2XP-#@U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R,2XS,S,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D($%V97)A
M9V4@17AE<F-I<V4@4')I8V4L(%-T;V-K($]P=&EO;G,@17AE<F-I<V%B;&4\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3,N-#8V/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`S."XU
M,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XD(#0U+C`Q-S0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D%G9W)E9V%T92!);G1R:6YS:6,@5F%L=64L(%-T;V-K
M($]P=&EO;G,@3W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D%G9W)E9V%T92!);G1R:6YS:6,@5F%L=64L(%-T;V-K
M($]P=&EO;G,@17AE<F-I<V%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/B0T+C`R+20U-RXW,2!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-H87)E+6)A<V5D($-O;7!E
M;G-A=&EO;BP@4VAA<F5S($%U=&AO<FEZ960@=6YD97(@4W1O8VL@3W!T:6]N
M(%!L86YS+"!%>&5R8VES92!0<FEC92!286YG92!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F%N9V4@
M;V8@079E<F%G92!%>&5R8VES92!0<FEC92P@36EN:6UU;3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`T+C`R/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y286YG92!O9B!!=F5R86=E
M($5X97)C:7-E(%!R:6-E+"!-87AI;75M/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#4W+C<Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y.=6UB97(@;V8@3W!T:6]N<RP@3W5T<W1A
M;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L,C@W+#4P
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3G5M8F5R(&]F($]P=&EO;G,L($5X97)C:7-A8FQE/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#4S-RPU,#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D($%V97)A
M9V4@4F5M86EN:6YG($-O;G1R86-T=6%L($QI9F4@:6X@665A<G,L(%-T;V-K
M($]P=&EO;G,@3W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/C$@>65A<B`X(&UO;G1H<R`Q,B!D87ES/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG:'1E9"!!=F5R
M86=E($5X97)C:7-E(%!R:6-E+"!3=&]C:R!/<'1I;VYS($]U='-T86YD:6YG
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#4N,SDR,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V5I
M9VAT960@079E<F%G92!%>&5R8VES92!0<FEC92P@4W1O8VL@3W!T:6]N<R!%
M>&5R8VES86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U
M+C4U.3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D%G9W)E9V%T92!);G1R:6YS:6,@5F%L=64L(%-T;V-K($]P=&EO
M;G,@3W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y!9V=R96=A=&4@26YT<FEN<VEC(%9A;'5E+"!3=&]C:R!/<'1I;VYS
M($5X97)C:7-A8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/B0U."XX-"TD-S`N.#8@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3:&%R92UB87-E9"!#;VUP96YS871I
M;VXL(%-H87)E<R!!=71H;W)I>F5D('5N9&5R(%-T;V-K($]P=&EO;B!0;&%N
M<RP@17AE<F-I<V4@4')I8V4@4F%N9V4@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)A;F=E(&]F($%V
M97)A9V4@17AE<F-I<V4@4')I8V4L($UI;FEM=6T\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@-3@N.#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)A;F=E(&]F($%V97)A9V4@17AE
M<F-I<V4@4')I8V4L($UA>&EM=6T\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@-S`N.#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DYU;6)E<B!O9B!/<'1I;VYS+"!/=71S=&%N9&EN
M9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8P+#4P,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M
M8F5R(&]F($]P=&EO;G,L($5X97)C:7-A8FQE/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR-C`L-3`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG:'1E9"!!=F5R86=E(%)E;6%I
M;FEN9R!#;VYT<F%C='5A;"!,:69E(&EN(%EE87)S+"!3=&]C:R!/<'1I;VYS
M($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XP
M('EE87)S(#8@;6]N=&AS(#$X(&1A>7,\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D($%V97)A9V4@17AE
M<F-I<V4@4')I8V4L(%-T;V-K($]P=&EO;G,@3W5T<W1A;F1I;F<\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-C`N,3,S,SQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V5I9VAT960@
M079E<F%G92!%>&5R8VES92!0<FEC92P@4W1O8VL@3W!T:6]N<R!%>&5R8VES
M86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V,"XQ,S,S
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y/<'1I;VYS($5X97)C:7-A8FQE(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4VAA<F4M8F%S960@0V]M<&5N
M<V%T:6]N+"!3:&%R97,@075T:&]R:7IE9"!U;F1E<B!3=&]C:R!/<'1I;VX@
M4&QA;G,L($5X97)C:7-E(%!R:6-E(%)A;F=E(%M,:6YE($ET96US73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y796EG:'1E
M9"!!=F5R86=E(%)E;6%I;FEN9R!#;VYT<F%C='5A;"!,:69E(&EN(%EE87)S
M+"!3=&]C:R!/<'1I;VYS($]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#XQ('EE87(@-"!M;VYT:',@,B!D87ES/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/<'1I;VYS
M($5X97)C:7-A8FQE(%M-96UB97)=('P@)#0N,#(M)#4W+C<Q(%M-96UB97)=
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4VAA
M<F4M8F%S960@0V]M<&5N<V%T:6]N+"!3:&%R97,@075T:&]R:7IE9"!U;F1E
M<B!3=&]C:R!/<'1I;VX@4&QA;G,L($5X97)C:7-E(%!R:6-E(%)A;F=E(%M,
M:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y796EG:'1E9"!!=F5R86=E(%)E;6%I;FEN9R!#;VYT<F%C='5A
M;"!,:69E(&EN(%EE87)S+"!3=&]C:R!/<'1I;VYS($]U='-T86YD:6YG/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XQ('EE87(@-2!M;VYT:',@
M,3D@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^3W!T:6]N<R!%>&5R8VES86)L92!;365M8F5R72!\("0U."XX
M-"TD-S`N.#8@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY3:&%R92UB87-E9"!#;VUP96YS871I;VXL(%-H87)E
M<R!!=71H;W)I>F5D('5N9&5R(%-T;V-K($]P=&EO;B!0;&%N<RP@17AE<F-I
M<V4@4')I8V4@4F%N9V4@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=E:6=H=&5D($%V97)A9V4@4F5M
M86EN:6YG($-O;G1R86-T=6%L($QI9F4@:6X@665A<G,L(%-T;V-K($]P=&EO
M;G,@3W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/C`@>65A<G,@-B!M;VYT:',@,3@@9&%Y<SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^
M#0H-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?
M83DV,S9E965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B
M93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S
M+U-H965T,3$X+FAT;6P-"D-O;G1E;G0M5')A;G-F97(M16YC;V1I;F<Z('%U
M;W1E9"UP<FEN=&%B;&4-"D-O;G1E;G0M5'EP93H@=&5X="]H=&UL.R!C:&%R
M<V5T/2)U<RUA<V-I:2(-"@T*/&AT;6P^#0H@(#QH96%D/@T*("`@(#Q-151!
M(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS1"=T97AT+VAT
M;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E>'0O:F%V87-C
M<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@5&AI<R!#;VUM
M96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@("`\=&%B;&4@
M8VQA<W,],T1R97!O<G0@:60],T1)1#!%6$)!0SX-"B`@("`@(#QT<CX-"B`@
M("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W<W!A;CTS1#(^
M/'-T<F]N9SY%87)N:6YG<R!097(@4VAA<F4@*$YA<G)A=&EV92D@*$1E=&%I
M;"D\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@
M8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L
M(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S
M,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N
M(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D%N=&ED:6QU=&EV92!3:&%R97,@6T%B<W1R86-T73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;G1I9&EL
M=71I=F4@<W1O8VL@;W!T:6]N<RP@<F5S=')I8W1E9"!S=&]C:R!A;F0@=V%R
M<F%N=',@;W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,Q+#DP-RPX-3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XT,RPR,3`L.3$W/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S,L-S0S+#@X-#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^
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M("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N=&5N=#TS
M1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP93TS1'1E
M>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!296UO=F4@
M5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D>3X-"B`@
M("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%0C%!13X-"B`@("`@
M(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS1#$@<F]W
M<W!A;CTS1#(^/'-T<F]N9SY%87)N:6YG<R!097(@4VAA<F4@*$-O;7!U=&%T
M:6]N($]F($)A<VEC($%N9"!$:6QU=&5D($5A<FYI;F=S(%!E<B!3:&%R92D@
M*$1E=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@97AC97!T(%-H87)E
M(&1A=&$L('5N;&5S<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#8^,3(@36]N
M=&AS($5N9&5D/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@
M("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R/D1E8RX@,S$L(#(P,30\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#(^
M1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,CY$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D)A<VEC(&5A<FYI;F=S('!E
M<B!S:&%R93H@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U-CD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,2PR,S0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQE<W,Z
M(%5N9&ES=')I8G5T960@96%R;FEN9W,@86QL;V-A=&5D('1O('!A<G1I8VEP
M871I;F<@<V5C=7)I=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,38\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*2!A=F%I;&%B;&4@=&\@8V]M
M;6]N('-T;V-K:&]L9&5R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-34S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&9N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0U/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,#(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D)A<VEC('=E:6=H=&5D(&%V97)A9V4@<VAA<F5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.#@L,3<Q+#4P,SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P
M/ELQ73PO<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@Y
M+#`W,2PP,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$9FX^/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$X."PX,S0L-C(V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO<W,I('!E<B!B87-I
M8R!C;VUM;VX@<VAA<F4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,BXY-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,2XS/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V+C,V/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D1I;'5T960@96%R;FEN9W,@
M<&5R('-H87)E.B!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M+#(S-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5S<SH@56YD
M:7-T<FEB=71E9"!E87)N:6YG<R!A;&QO8V%T960@=&\@<&%R=&EC:7!A=&EN
M9R!S96-U<FET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XS,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3&5S<SH@;6%R:RUT;RUM87)K970@9V%I;B`H;&]S<RD@;VX@=V%R
M<F%N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.
M970@:6YC;VUE("AL;W-S*2!A=F%I;&%B;&4@=&\@8V]M;6]N('-T;V-K:&]L
M9&5R<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U,C8\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(T-3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@,2PR,#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D)A<VEC('=E:6=H=&5D(&%V97)A9V4@<VAA<F5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.#@L,3<Q+#4P,SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\<W5P/ELQ73PO
M<W5P/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3@Y+#`W,2PP
M,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/'-U<#Y;,5T\+W-U<#X\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$X."PX,S0L-C(V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&9N/CQS=7`^6S%=/"]S=7`^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E-T;V-K(&]P=&EO;G,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L,3`T+#(T-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$L,C0Q+#DP,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$L,#8R+#,Y-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R
M86YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PV,C(L.#<W
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D1I;'5T960@=V5I9VAT960@879E<F%G92!S:&%R97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y,"PX.3@L-C(W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3DP+#,Q,BPY,3,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ.#DL.#DW+#`R,3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1F;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F5T(&EN8V]M92`H;&]S<RD@<&5R(&1I;'5T960@8V]M
M;6]N('-H87)E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(N
M-S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$N,CD\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#8N,S,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E5N=F5S=&5D(%)E<W1R:6-T960@4W1O8VL@06YD
M(%5N:71S(%1H870@4F5C96EV92!.;VYF;W)F96ET86)L92!$:79I9&5N9',@
M3W(@1&EV:61E;F0@17%U:79A;&5N=',@5&AA="!(879E($UE="!397)V:6-E
M($-O;F1I=&EO;CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#$R
M+#<V.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1F
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8R.2PX.38\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$9FX^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,#8L-S$T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&9N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&0@8V]L<W!A;CTS1#<^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1I;FYE<D9O;W1N
M;W1E/@T*("`@("`@("`\=&0@=F%L:6=N/3-$=&]P/ELQ73PO=&0^#0H@("`@
M("`@(#QT9"!C;VQS<&%N/3-$-B!V86QI9VX],T1T;W`^/&1I=B!X;6QN<STS
M1&AT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO>&AT;6P^26YC;'5D97,@-#$R+#<V
M.2P@-C(Y+#@Y-B!A;F0@-3`V+#<Q-"!O9B!P87)T:6-I<&%T:6YG('-E8W5R
M:71I97,@=&AA="!M970@=&AE('-E<G9I8V4@8V]N9&ET:6]N(&%N9"!W97)E
M(&5L:6=I8FQE('1O(')E8V5I=F4@;F]N9F]R9F5I=&%B;&4@9&EV:61E;F1S
M(&]R(&1I=FED96YD(&5Q=6EV86QE;G1S(&9O<B!T:&4@>65A<G,@96YD960@
M1&5C96UB97(@,S$L(#(P,30L(#(P,3,@86YD(#(P,3(L(')E<W!E8W1I=F5L
M>2X\+V1I=CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\
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M96%D/@T*("`@(#Q-151!(&AT='`M97%U:78],T1#;VYT96YT+51Y<&4@8V]N
M=&5N=#TS1"=T97AT+VAT;6P[(&-H87)S970]=71F+3@G/CQS8W)I<'0@='EP
M93TS1'1E>'0O:F%V87-C<FEP="!S<F,],T13:&]W+FIS/B\J($1O($YO="!2
M96UO=F4@5&AI<R!#;VUM96YT("HO/"]S8W)I<'0^/"]H96%D/@T*("`\8F]D
M>3X-"B`@("`\=&%B;&4@8VQA<W,],T1R97!O<G0@:60],T1)1#!%635#2SX-
M"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&P@8V]L<W!A;CTS
M1#$@<F]W<W!A;CTS1#(^/'-T<F]N9SY#;VUM;VX@86YD(%!R969E<G)E9"!3
M=&]C:R`H3F%R<F%T:79E*2`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI
M;VYS+"!E>&-E<'0@4VAA<F4@9&%T82P@=6YL97-S(&]T:&5R=VES92!S<&5C
M:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:"!C
M;VQS<&%N/3-$,CXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$,CXP($UO;G1H<R!%;F1E9#PO=&@^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0Q/CDU($UO;G1H<R!%
M;F1E9#PO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H(&-O;'-P86X],T0R
M/C`@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@@
M8V]L<W!A;CTS1#$^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@
M("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-
M"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y-87D@,#8L(#(P,3,\8G(^/"]T
M:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1F5B+B`P,2P@,C`P-SQB<CX\
M+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$T/&)R
M/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/DYO=BX@,#4L(#(P,30\
M8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^075G+B`P-2P@,C`Q
M,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q+"`R
M,#`X/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R
M;VYG/D-L87-S(&]F(%-T;V-K(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER('9A;'5E(&]F('=A
M<G)A;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(X/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@,C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1R96%S=7)Y('-T;V-K('9A;'5E(&%C<75I<F5D(&-O<W0@;65T
M:&]D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C<\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R969E
M<G)E9"!S=&]C:R!S:&%R97,@:7-S=65D/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!R969E<G)E9"!S=&]C:R!S:&%R97,@;W5T<W1A
M;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')E
M9F5R<F5D(%-T;V-K(%!A<B!/<B!3=&%T960@5F%L=64@4&5R(%-H87)E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D)L=64@
M4FED9V4@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY#;&%S<R!O9B!3=&]C:R!;3&EN92!)=&5M<UT\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R<F%N=',@
M;W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDL
M.30P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^5V%R<F%N="!E>&5R8VES92!P<FEC93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.2XU.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R<F%N="!497)M/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#XU('EE87)S/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R960@4W1O
M8VL@6TUE;6)E<ET@?"!-0DE!($EN<W5R86YC92!#;W)P;W)A=&EO;B!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D-L87-S(&]F(%-T;V-K(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3:&%R97,@<F5P=7)C:&%S960@
M=6YD97(@<VAA<F4@<F5P=7)C:&%S92!P<F]G<F%M+"!A=F5R86=E('!R:6-E
M('!E<B!S:&%R93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q
M,"PY,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E!R969E<G)E9"!S=&]C:R!S:&%R97,@:7-S=65D/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#<U.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-S4Y/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R960@
M<W1O8VL@<F5P=7)C:&%S960@9'5R:6YG('!E<FEO9"!S:&%R97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-#0T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R960@<W1O
M8VLL(&-A<G)Y:6YG('9A;'5E(&ES<W5E9"!A;F0@;W5T<W1A;F1I;F<\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A8V4@=F%L=64@
M;V8@<F5P=7)C:&%S960@<')E9F5R<F5D('-T;V-K/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,"XY,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R969E<G)E9"!3=&]C:R!087(@
M3W(@4W1A=&5D(%9A;'5E(%!E<B!3:&%R93PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`Q+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B0@,2PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R969E<G)E9"!S=&]C:R!L
M:7%U:61A=&EO;B!P<F5F97)E;F-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#$P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#$P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1I=FED96YD(')A=&4@;VX@
M<')E9F5R<F5D('-T;V-K(&1E=&5R;6EN960@<F%T93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^3$E"3U(@<&QU<R`R,#`@8F%S:7,@<&]I;G1S
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#XR,#`W(%)E<'5R8VAA<V4@075T:&]R:7IA=&EO;B!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D-L87-S(&]F
M(%-T;V-K(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y!=71H;W)I>F5D(')E<'5R8VAA<V4@;V8@8V]M
M;6]N('-T;V-K+"!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,2PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E1R96%S=7)Y('-T;V-K('-H87)E<R!A8W%U:7)E9#PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPQ,#`L,#`P/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3@L.#`P+#`P
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4VAA<F5S(')E<'5R8VAA<V5D('5N9&5R('-H87)E(')E<'5R8VAA<V4@
M<')O9W)A;2P@879E<F%G92!P<FEC92!P97(@<VAA<F4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B0@,3<N,#(\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/C(P,30@4F5P=7)C:&%S92!!
M=71H;W)I>F%T:6]N(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/CQS=')O;F<^0VQA<W,@;V8@4W1O8VL@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%U
M=&AO<FEZ960@<F5P=7)C:&%S92!O9B!C;VUM;VX@<W1O8VLL('9A;'5E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(P,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')E87-U<GD@
M<W1O8VL@<VAA<F5S(&%C<75I<F5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ+#(P,"PP,#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E-H87)E<R!R97!U<F-H87-E9"!U;F1E<B!S
M:&%R92!R97!U<F-H87-E('!R;V=R86TL(&%V97)A9V4@<')I8V4@<&5R('-H
M87)E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#DN-#0\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N
M869F:6QI871E9"!);G9E<W1O<G,@6TUE;6)E<ET@?"!-0DE!($EN<W5R86YC
M92!#;W)P;W)A=&EO;B!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D-L87-S(&]F(%-T;V-K(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0
M<F5F97)R960@<W1O8VL@<VAA<F5S(&]U='-T86YD:6YG/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,Q-3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,S$U/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+51E<FT@26YC
M96YT:79E(%!L86X@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY#;&%S<R!O9B!3=&]C:R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')E
M87-U<GD@<W1O8VL@<VAA<F5S(&%C<75I<F5D/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XU,CDL,C0V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,SDR+#`U-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R<F%N="!;365M8F5R
M72!\(%=A<F)U<F<@4&EN8W5S(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^0VQA<W,@;V8@4W1O8VL@6TQI;F4@
M271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E=A<G)A;G1S(&]U='-T86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XQ,2PX,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3$L-3`P+#`P,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R<F%N="!E>&5R
M8VES92!P<FEC93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CDN
M-#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XS,"XR-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^0B!787)R86YT<R!;365M8F5R72!\(%=A<F)U<F<@4&EN8W5S
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^0VQA<W,@;V8@4W1O8VL@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=A<G)A;G1S(&]U='-T
M86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,"PQ,#`L
M,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^.2PX,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y787)R86YT(&5X97)C:7-E('!R:6-E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.2XT-#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,P+C(U/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y",B!787)R86YT
M<R!;365M8F5R72!\(%=A<F)U<F<@4&EN8W5S(%M-96UB97)=/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^0VQA<W,@;V8@4W1O
M8VL@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E=A<G)A;G1S(&]U='-T86YD:6YG/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XT+#`P-"PY-#4\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#`P,"PP,#`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E=A<G)A
M;G0@97AE<F-I<V4@<')I8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$V+C$X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,38N,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^1W)O<W-U<"!787)R86YT(%M-96UB97)=('P@5V%R
M8G5R9R!0:6YC=7,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY#;&%S<R!O9B!3=&]C:R!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R
M<F%N=',@;W5T<W1A;F1I;F<\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T
M97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$L.3$P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^5V%R<F%N="!E>&5R8VES92!P<FEC93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.2XU.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5V%R<F%N="!497)M/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XU('EE87)S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D
M>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I
M;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D
M+U=O<FMS:&5E=',O4VAE970Q,C$N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%
M;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT
M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^
M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT
M/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$
M=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V
M92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*
M("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$5*-D%%/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R
M;W=S<&%N/3-$,CX\<W1R;VYG/D%C8W5M=6QA=&5D($]T:&5R($-O;7!R96AE
M;G-I=F4@26YC;VUE("A#:&%N9V5S($EN(%1H92!#;VUP;VYE;G1S($]F($%/
M0TDI("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O
M=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H
M(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA
M<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y"96=I;FYI;F<@8F%L86YC93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XD("@X-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#4V/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XD("@Q-S8I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!C;VUP
M<F5H96YS:79E(&EN8V]M92`H;&]S<RD@8F5F;W)E(')E8VQA<W-I9FEC871I
M;VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDP/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3(V*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V,CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M06UO=6YT<R!R96-L87-S:69I960@9G)O;2!!3T-)/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#$V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C<P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@;W1H97(@8V]M<')E
M:&5N<VEV92!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ,#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@Q-#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C,R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y%;F1I;F<@8F%L86YC93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@X-BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^56YR96%L:7IE9"!G86EN
M<R`H;&]S<V5S*2!O;B!!1E,L(&YE="!;365M8F5R73PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y"96=I;FYI;F<@8F%L86YC93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.38I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-C,I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!C;VUP
M<F5H96YS:79E(&EN8V]M92`H;&]S<RD@8F5F;W)E(')E8VQA<W-I9FEC871I
M;VX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q-SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$R."D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,S8\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D%M;W5N=',@<F5C;&%S<VEF:65D(&9R;VT@04]#23PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M/B@Q,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XW,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&]T:&5R(&-O;7!R
M96AE;G-I=F4@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3,P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,3,Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(P-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^16YD:6YG(&)A;&%N8V4\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C,T/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.38I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX@8W5R<F5N
M8WD@=')A;G-L871I;VXL(&YE="!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y"96=I;FYI;F<@8F%L86YC93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$S*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(@8V]M<')E:&5N
M<VEV92!I;F-O;64@*&QO<W,I(&)E9F]R92!R96-L87-S:69I8V%T:6]N/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-RD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N=',@
M<F5C;&%S<VEF:65D(&9R;VT@04]#23PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC
M;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C,I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XR-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^16YD:6YG(&)A;&%N8V4\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^)"`H,3,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^)"`Q,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/B0@,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM
M+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V
M965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E
M=#$R,BYH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M
M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB
M=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P
M+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C
M:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@
M<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J
M+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S
M/3-$<F5P;W)T(&ED/3-$240P14LR044^#0H@("`@("`\='(^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O
M;F<^06-C=6UU;&%T960@3W1H97(@0V]M<')E:&5N<VEV92!);F-O;64@*$1E
M=&%I;',@3V8@5&AE(%)E8VQA<W-I9FEC871I;VX@1G)O;2!!3T-)*2`H1&5T
M86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@;W1H97)W:7-E
M('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS
M1'1H(&-O;'-P86X],T0S/C$R($UO;G1H<R!%;F1E9#PO=&@^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N
M(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E
M8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^
M1&5C+B`S,2P@,C`Q,CQB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M
M96YT<R!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#<X/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V.3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-34\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y);F-O
M;64@*&QO<W,I(&)E9F]R92!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C8T,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0Q-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-3DX/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I;VX@*&)E;F5F
M:70I(&9O<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,38V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S8T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-38Y/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C4P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,S0\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N=',@<F5C
M;&%S<VEF:65D(&9R;VT@04]#22!;365M8F5R73PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,3<I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@W,"D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I
M;G,@*&QO<W-E<RD@;VX@0493+"!N970@6TUE;6)E<ET@?"!!;6]U;G1S(')E
M8VQA<W-I9FEE9"!F<F]M($%/0TD@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N
M8VEA;"!I;G-T<G5M96YT<R!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X
M8VAA;F=E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-RD\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y.970@:6YV97-T;65N="!I;F-O;64\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B@Q,#0I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^26YC;VUE("AL;W-S*2!B969O<F4@:6YC
M;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R,2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$P."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN8V]M92!T87AE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH."D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S@I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YC
M;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3,I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@W,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9O<F5I9VX@8W5R<F5N8WD@=')A;G-L871I;VXL(&YE="!;365M
M8F5R72!\($%M;W5N=',@<F5C;&%S<VEF:65D(&9R;VT@04]#22!;365M8F5R
M73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@9V%I;G,@
M*&QO<W-E<RD@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T(&9A:7(@=F%L
M=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^)"`H-"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM
M+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V
M965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A
M,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E
M=#$R,RYH=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M
M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB
M=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P
M+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C
M:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@
M<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J
M+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S
M/3-$<F5P;W)T(&ED/3-$240P15)'04,^#0H@("`@("`\='(^#0H@("`@("`@
M(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O
M;F<^4F5L871E9"!087)T>2!4<F%N<V%C=&EO;G,@*$YA<G)A=&EV92D@*$1E
M=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES
M92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:"!C;VQS<&%N/3-$,CXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C
M+B`S,2P@,C`Q-#QB<CYS96-U<FET>6QO86X\8G(^<&]L:6-Y/&)R/CPO=&@^
M#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^<V5C
M=7)I='EL;V%N/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/E)E;&%T960@4&%R='D@5')A;G-A8W1I;VYS(%M!8G-T<F%C
M=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4')I;F-I<&%L(&]W;F5R<VAI<"!P97)C96YT86=E/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,"XP,"4\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYU;6)E<B!O9B!E>&5C=71E9"!S
M=7)E='D@8F]N9',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E-U<F5T>2!B;VYD<R!M87AI;75M(&5X<&]S=7)E/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XD(#,T,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3G5M8F5R(&]F(&QO86YS('1O(&5X
M96-U=&EV92!O9F9I8V5R<R!O<B!D:7)E8W1O<G,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM
M+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E
M968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?
M.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q
M,C0N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE
M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA
M<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R
M8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\
M+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS
M1')E<&]R="!I9#TS1$E$,$5*1$%#/@T*("`@("`@/'1R/@T*("`@("`@("`\
M=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG
M/D-O;6UI=&UE;G1S(&%N9"!#;VYT:6YG96YC:65S("A.87)R871I=F4I("A$
M971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I
M<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@@8V]L<W!A;CTS1#$^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E
M8RX@,S$L(#(P,30\8G(^3&%W<W5I=',\8G(^/"]T:#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^0V]M;6ET;65N=',@86YD($-O;G1I
M;F=E;F-I97,@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!M871E<FEA;"!L87=S=6ET<R!P96YD
M:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.=6UB97(@
M;V8@;W!E<F%T:6YG(&QE87-E('1E<FT@97AT96YS:6]N<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5A<V4@<F5N97=A;"!T97)M/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XU('EE87)S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/<&5R871I
M;F<@;&5A<V5S(&9U='5R92!M:6YI;75M('!A>6UE;G1S(&1U93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`T,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3&5A<V4@:6YC96YT:79E
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D
M>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I
M;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D
M+U=O<FMS:&5E=',O4VAE970Q,C4N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%
M;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT
M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^
M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT
M/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$
M=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V
M92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*
M("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$524T-)/@T*("`@
M("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R
M;W=S<&%N/3-$,3X\<W1R;VYG/E-C:&5D=6QE($DM($EN=F5S=&UE;G1S("A$
M971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE<G=I
M<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S
M/3-$=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^/'-T<F]N9SY3=6UM87)Y(&]F($EN=F5S=&UE;G1S+"!/
M=&AE<B!T:&%N($EN=F5S=&UE;G1S(&EN(%)E;&%T960@4&%R=&EE<RP@4F5P
M;W)T86)L92!$871A(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;W-T/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XD(#8L-S8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XV+#@S,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO=6YT(&%T('=H:6-H('-H
M;W=N(&EN('1H92!B86QA;F-E('-H965T/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XV+#@S,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^07-S971S($]F($-O;G-O;&ED871E9"!6245S
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^4W5M;6%R>2!O9B!);G9E<W1M96YT<RP@3W1H97(@=&AA;B!);G9E
M<W1M96YT<R!I;B!296QA=&5D(%!A<G1I97,L(%)E<&]R=&%B;&4@1&%T82!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^0V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,RPP-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,L,#4S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!;6]U;G0@870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A;&%N
M8V4@<VAE970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,L,3<X
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y/=&AE<B!!9V=R96=A=&5D($EN=F5S=&UE;G1S(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4W5M;6%R>2!O
M9B!);G9E<W1M96YT<RP@3W1H97(@=&AA;B!);G9E<W1M96YT<R!I;B!296QA
M=&5D(%!A<G1I97,L(%)E<&]R=&%B;&4@1&%T82!;3&EN92!)=&5M<UT\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]S=#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU93PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO=6YT(&%T('=H
M:6-H('-H;W=N(&EN('1H92!B86QA;F-E('-H965T/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+51E<FT@079A:6QA8FQE+49O<BU3
M86QE(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^4W5M;6%R>2!O9B!);G9E<W1M96YT<RP@3W1H97(@=&AA;B!)
M;G9E<W1M96YT<R!I;B!296QA=&5D(%!A<G1I97,L(%)E<&]R=&%B;&4@1&%T
M82!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-2PQ-C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C4L,C(U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y!;6]U;G0@870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A
M;&%N8V4@<VAE970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4L
M,C(U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y,;VYG+51E<FT@079A:6QA8FQE+49O<BU386QE(%M-96UB97)=('P@
M52Y3+B!4<F5A<W5R>2!!;F0@1V]V97)N;65N="!!9V5N8WD@6TUE;6)E<ET\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3=6UM
M87)Y(&]F($EN=F5S=&UE;G1S+"!/=&AE<B!T:&%N($EN=F5S=&UE;G1S(&EN
M(%)E;&%T960@4&%R=&EE<RP@4F5P;W)T86)L92!$871A(%M,:6YE($ET96US
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#
M;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT-#8\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9A:7(@
M5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0X,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO
M=6YT(&%T('=H:6-H('-H;W=N(&EN('1H92!B86QA;F-E('-H965T/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT.#(\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQO;F<M5&5R;2!!=F%I
M;&%B;&4M1F]R+5-A;&4@6TUE;6)E<ET@?"!54R!3=&%T97,@06YD(%!O;&ET
M:6-A;"!3=6)D:79I<VEO;G,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3=6UM87)Y(&]F($EN=F5S=&UE;G1S
M+"!/=&AE<B!T:&%N($EN=F5S=&UE;G1S(&EN(%)E;&%T960@4&%R=&EE<RP@
M4F5P;W)T86)L92!$871A(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;W-T/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ+#8Q,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU93PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,2PV.3D\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N="!A="!W:&EC:"!S
M:&]W;B!I;B!T:&4@8F%L86YC92!S:&5E=#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,2PV.3D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DQO;F<M5&5R;2!!=F%I;&%B;&4M1F]R+5-A
M;&4@6TUE;6)E<ET@?"!&;W)E:6=N($=O=F5R;FUE;G1S(%M-96UB97)=/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^4W5M;6%R
M>2!O9B!);G9E<W1M96YT<RP@3W1H97(@=&AA;B!);G9E<W1M96YT<R!I;B!2
M96QA=&5D(%!A<G1I97,L(%)E<&]R=&%B;&4@1&%T82!;3&EN92!)=&5M<UT\
M+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]S
M=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A
M;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,S`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N
M="!A="!W:&EC:"!S:&]W;B!I;B!T:&4@8F%L86YC92!S:&5E=#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,P/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y,;VYG+51E<FT@079A:6QA
M8FQE+49O<BU386QE(%M-96UB97)=('P@0V]R<&]R871E($]B;&EG871I;VYS
M(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^4W5M;6%R>2!O9B!);G9E<W1M96YT<RP@3W1H97(@=&AA;B!);G9E
M<W1M96YT<R!I;B!296QA=&5D(%!A<G1I97,L(%)E<&]R=&%B;&4@1&%T82!;
M3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^0V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,2PT,S0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$L,S@V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!;6]U;G0@870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A;&%N
M8V4@<VAE970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,S@V
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y3:&]R="U497)M($%V86EL86)L92U&;W(M4V%L92!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U;6UA<GD@
M;V8@26YV97-T;65N=',L($]T:&5R('1H86X@26YV97-T;65N=',@:6X@4F5L
M871E9"!087)T:65S+"!297!O<G1A8FQE($1A=&$@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O<W0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,S,U/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A
M;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,S,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO
M=6YT(&%T('=H:6-H('-H;W=N(&EN('1H92!B86QA;F-E('-H965T/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#,S,SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4VAO<G0M5&5R;2!!
M=F%I;&%B;&4M1F]R+5-A;&4@6TUE;6)E<ET@?"!!<W-E=',@3V8@0V]N<V]L
M:61A=&5D(%9)17,@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^/'-T<F]N9SY3=6UM87)Y(&]F($EN=F5S=&UE;G1S+"!/=&AE
M<B!T:&%N($EN=F5S=&UE;G1S(&EN(%)E;&%T960@4&%R=&EE<RP@4F5P;W)T
M86)L92!$871A(%M,:6YE($ET96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y#;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y!;6]U;G0@870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A
M;&%N8V4@<VAE970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D5Q=6ET>2!!=F%I;&%B;&4@1F]R(%-A;&4@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3=6UM87)Y(&]F($EN
M=F5S=&UE;G1S+"!/=&AE<B!T:&%N($EN=F5S=&UE;G1S(&EN(%)E;&%T960@
M4&%R=&EE<RP@4F5P;W)T86)L92!$871A(%M,:6YE($ET96US73PO<W1R;VYG
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;W-T/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU93PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%M;W5N="!A="!W:&EC
M:"!S:&]W;B!I;B!T:&4@8F%L86YC92!S:&5E=#PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D%&4R!);G9E<W1M96YT<R!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U;6UA
M<GD@;V8@26YV97-T;65N=',L($]T:&5R('1H86X@26YV97-T;65N=',@:6X@
M4F5L871E9"!087)T:65S+"!297!O<G1A8FQE($1A=&$@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O
M<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L-3`Y/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER
M(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#4W,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M06UO=6YT(&%T('=H:6-H('-H;W=N(&EN('1H92!B86QA;F-E('-H965T/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#4W,3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV97-T;65N
M=',@070@1F%I<B!686QU92!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U;6UA<GD@;V8@26YV97-T;65N=',L
M($]T:&5R('1H86X@26YV97-T;65N=',@:6X@4F5L871E9"!087)T:65S+"!2
M97!O<G1A8FQE($1A=&$@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O<W0\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(U-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU93PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C4U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;6]U;G0@870@=VAI8V@@<VAO=VX@
M:6X@=&AE(&)A;&%N8V4@<VAE970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C(U-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^26YV97-T;65N=',@070@1F%I<B!686QU92!;365M8F5R
M72!\($%S<V5T<R!/9B!#;VYS;VQI9&%T960@5DE%<R!;365M8F5R73PO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U;6UA<GD@
M;V8@26YV97-T;65N=',L($]T:&5R('1H86X@26YV97-T;65N=',@:6X@4F5L
M871E9"!087)T:65S+"!297!O<G1A8FQE($1A=&$@6TQI;F4@271E;7-=/"]S
M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O<W0\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Y.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!686QU
M93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#(Q/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;6]U;G0@
M870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A;&%N8V4@<VAE970\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C0R,3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^2&5L9"U4;RU-871U<FET>2!;
M365M8F5R72!\($-O<G!O<F%T92!/8FQI9V%T:6]N<R!;365M8F5R72!\($%S
M<V5T<R!/9B!#;VYS;VQI9&%T960@5DE%<R!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U;6UA<GD@;V8@26YV
M97-T;65N=',L($]T:&5R('1H86X@26YV97-T;65N=',@:6X@4F5L871E9"!0
M87)T:65S+"!297!O<G1A8FQE($1A=&$@6TQI;F4@271E;7-=/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O<W0\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-S4W/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#8S,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06UO=6YT(&%T
M('=H:6-H('-H;W=N(&EN('1H92!B86QA;F-E('-H965T/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR+#<U-SQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^36]R=&=A9V4M8F%C:V5D(%M-
M96UB97)=('P@3&]N9RU497)M($%V86EL86)L92U&;W(M4V%L92!;365M8F5R
M72!\(%)E<VED96YT:6%L($UO<G1G86=E($)A8VME9"!!9V5N8WD@6TUE;6)E
M<ET\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY3
M=6UM87)Y(&]F($EN=F5S=&UE;G1S+"!/=&AE<B!T:&%N($EN=F5S=&UE;G1S
M(&EN(%)E;&%T960@4&%R=&EE<RP@4F5P;W)T86)L92!$871A(%M,:6YE($ET
M96US73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y#;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#$Q,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M1F%I<B!686QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ
M,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D%M;W5N="!A="!W:&EC:"!S:&]W;B!I;B!T:&4@8F%L86YC92!S:&5E
M=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ,C(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M:#X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DUO<G1G
M86=E+6)A8VME9"!;365M8F5R72!\($QO;F<M5&5R;2!!=F%I;&%B;&4M1F]R
M+5-A;&4@6TUE;6)E<ET@?"!297-I9&5N=&EA;"!-;W)T9V%G92U"86-K960@
M3F]N+4%G96YC>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#X\<W1R;VYG/E-U;6UA<GD@;V8@26YV97-T;65N=',L($]T:&5R
M('1H86X@26YV97-T;65N=',@:6X@4F5L871E9"!087)T:65S+"!297!O<G1A
M8FQE($1A=&$@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XT.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^06UO=6YT(&%T('=H:6-H('-H;W=N(&EN('1H92!B
M86QA;F-E('-H965T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^36]R=&=A9V4M8F%C:V5D(%M-96UB97)=('P@3&]N9RU497)M($%V86EL
M86)L92U&;W(M4V%L92!;365M8F5R72!\($-O;6UE<F-I86P@36]R=&=A9V4M
M0F%C:V5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^4W5M;6%R>2!O9B!);G9E<W1M96YT<RP@3W1H97(@=&AA
M;B!);G9E<W1M96YT<R!I;B!296QA=&5D(%!A<G1I97,L(%)E<&]R=&%B;&4@
M1&%T82!;3&EN92!)=&5M<UT\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^0V]S=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/D9A:7(@5F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y!;6]U;G0@870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A;&%N
M8V4@<VAE970\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$W/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!
M<W-E="UB86-K960@6TUE;6)E<ET@?"!,;VYG+51E<FT@079A:6QA8FQE+49O
M<BU386QE(%M-96UB97)=('P@0V]L;&%T97)A;&EZ960@1&5B="!/8FQI9V%T
M:6]N<R!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/E-U;6UA<GD@;V8@26YV97-T;65N=',L($]T:&5R('1H86X@
M26YV97-T;65N=',@:6X@4F5L871E9"!087)T:65S+"!297!O<G1A8FQE($1A
M=&$@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y&86ER(%9A;'5E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XV-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^06UO=6YT(&%T('=H:6-H('-H;W=N(&EN('1H92!B86QA;F-E
M('-H965T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S
M970M8F%C:V5D(%M-96UB97)=('P@3&]N9RU497)M($%V86EL86)L92U&;W(M
M4V%L92!;365M8F5R72!\($]T:&5R($%S<V5T+4)A8VME9"!;365M8F5R73PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U;6UA
M<GD@;V8@26YV97-T;65N=',L($]T:&5R('1H86X@26YV97-T;65N=',@:6X@
M4F5L871E9"!087)T:65S+"!297!O<G1A8FQE($1A=&$@6TQI;F4@271E;7-=
M/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O
M<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$X-#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!6
M86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<T/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!;6]U
M;G0@870@=VAI8V@@<VAO=VX@:6X@=&AE(&)A;&%N8V4@<VAE970\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3<T/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO
M:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?
M86%B-%]A.38S-F5E968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O
M0SHO,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS
M:&5E=',O4VAE970Q,C8N:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN
M9SH@<75O=&5D+7!R:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[
M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@
M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E
M>'0O:'1M;#L@8VAA<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J
M879A<V-R:7!T('-R8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES
M($-O;6UE;G0@*B\\+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT
M86)L92!C;&%S<STS1')E<&]R="!I9#TS1$E$,$501$1)/@T*("`@("`@/'1R
M/@T*("`@("`@("`\=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N
M/3-$,3X\<W1R;VYG/E-C:&5D=6QE($E)("A#;VYD96YS960@0F%L86YC92!3
M:&5E=',I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L(&5X8V5P
M="!3:&%R92!D871A+"!U;FQE<W,@;W1H97)W:7-E('-P96-I9FEE9#PO<W1R
M;VYG/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@,S$L(#(P
M,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S,2P@
M,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N(#,Q
M+"`R,#$R/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E8RX@
M,S$L(#(P,3$\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/CQS=')O;F<^07-S971S(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%S:"!A;F0@8V%S:"!E<75I=F%L
M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`W.#(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$L
M,C4X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`Y.3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#8S,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%S<V5T<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,38L,C@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,38L.34S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C$L-S(T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/DQI
M86)I;&ET:65S.CPO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y,;VYG+71E<FT@9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,2PX,3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ+#<P,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^1&5R:79A=&EV92!L:6%B:6QI=&EE<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C0V/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,#`\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;"!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,3(L,S,T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,L-C4T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#X\<W1R;VYG/D5Q=6ET>3H\+W-T<F]N9SX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')E9F5R<F5D('-T;V-K+"!P
M87(@=F%L=64@)#$@<&5R('-H87)E.R!A=71H;W)I>F5D('-H87)E<RTM,3`L
M,#`P+#`P,#L@:7-S=65D(&%N9"!O=71S=&%N9&EN9RTM;F]N93PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UO;B!S=&]C:RP@<&%R
M('9A;'5E("0Q('!E<B!S:&%R93L@875T:&]R:7IE9"!S:&%R97,M+30P,"PP
M,#`L,#`P.R!I<W-U960@<VAA<F5S+2TR.#$L,S4R+#<X,B!A;F0@,C<W+#@Q
M,BPT,S`\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(W.#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M061D:71I;VYA;"!P86ED+6EN(&-A<&ET86P\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C,L,3(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,RPQ,34\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E)E=&%I;F5D(&5A<FYI;F=S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#@U.#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(L,C@Y/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y!8V-U
M;75L871E9"!O=&AE<B!C;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RDL(&YE
M="!O9B!T87@@;V8@)#8@86YD("0R-CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@X-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XU-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#$W-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1R96%S=7)Y('-T;V-K+"!A="!C;W-T
M+2TX.2PT,#DL.#@W(&%N9"`X-2PU-C(L-30V('-H87)E<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,BPS-3DI/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,BPS,3@I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!S:&%R
M96AO;&1E<G,G(&5Q=6ET>2!O9B!-0DE!($EN8RX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C,L.3(Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,RPR-S@\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!L:6%B:6QI=&EE
M<R!A;F0@97%U:71Y/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M-BPR.#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ-BPY-3,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9I>&5D+6UA='5R:71Y('-E8W5R:71I97,@:&5L9"!A
M<R!A=F%I;&%B;&4M9F]R+7-A;&4L(&%M;W)T:7IE9"!C;W-T/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#4P.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8L.#(T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R960@
M<W1O8VLL('!A<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^)"`Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y0<F5F97)R960@<W1O8VLL(&%U=&AO<FEZ960@<VAA<F5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,"PP,#`L,#`P/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3`L
M,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4')E9F5R<F5D('-T;V-K+"!I<W-U960\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F5F97)R960@<W1O8VLL(&]U='-T
M86YD:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V]M
M;6]N('-T;V-K+"!P87(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/B0@,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^0V]M;6]N('-T;V-K+"!A=71H;W)I>F5D('-H87)E
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#`P+#`P,"PP,#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M,#`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0V]M;6]N('-T;V-K+"!I<W-U960@<VAA<F5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR.#$L,S4R+#<X,CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(W-RPX,3(L
M-#,P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y!8V-U;75L871E9"!O=&AE<B!C;VUP<F5H96YS:79E(&EN8V]M92`H
M;&]S<RDL('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1R96%S=7)Y('-T;V-K+"!S:&%R97,\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C@Y+#0P.2PX.#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XX-2PU-C(L-30V/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y087)E;G0@0V]M
M<&%N>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#X\<W1R;VYG/D%S<V5T<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D+6UA='5R:71Y('-E8W5R
M:71I97,@:&5L9"!A<R!A=F%I;&%B;&4M9F]R+7-A;&4L(&%T(&9A:7(@=F%L
M=64@*&%M;W)T:7IE9"!C;W-T("0V-S$@86YD("0W,#,I/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XW-3$\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XW,C@\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G1S(&-A<G)I
M960@870@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,S,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^26YV97-T;65N=',@<&QE9&=E9"!A<R!C;VQL871E<F%L+"!A
M="!F86ER('9A;'5E("AA;6]R=&EZ960@8V]S="`D-#0U(&%N9"`D-#8S*3PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#`X/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S<U/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3:&]R="UT
M97)M(&EN=F5S=&UE;G1S(&AE;&0@87,@879A:6QA8FQE+69O<BUS86QE+"!A
M="!F86ER('9A;'5E("AA;6]R=&EZ960@8V]S="`D,S(W(&%N9"`D,3<Q*3PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,S(W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<Q/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!I
M;G9E<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E1O=&%L(&EN=F5S=&UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+#4R,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$L,S`Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y#87-H(&%N9"!C87-H(&5Q=6EV86QE;G1S/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#`\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY,CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YV
M97-T;65N="!I;B!W:&]L;'DM;W=N960@<W5B<VED:6%R:65S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#DU,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,L.#DP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$969E<G)E9"!I
M;F-O;64@=&%X97,L(&YE=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^.38U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-SDQ/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y/=&AE<B!A<W-E=',\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$T,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$T,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L(&%S<V5T<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-BPV.#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XV+#(W,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY,:6%B:6QI
M=&EE<SH\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^26YV97-T;65N="!A9W)E96UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XU,#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XV-30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DQO;F<M=&5R;2!D96)T/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XU.3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XU.3(\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D%F9FEL:6%T92!L;V%N<R!P
M87EA8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#(P-SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L
M-3$P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E
M>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y/=&AE<B!L:6%B:6QI=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^-#4Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C,V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^5&]T86P@;&EA8FEL:71I97,\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(L-S4U/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,BPY.3(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^17%U
M:71Y.CPO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y0<F5F97)R960@<W1O8VLL('!A<B!V86QU92`D,2!P97(@<VAA<F4[(&%U
M=&AO<FEZ960@<VAA<F5S+2TQ,"PP,#`L,#`P.R!I<W-U960@86YD(&]U='-T
M86YD:6YG+2UN;VYE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT
M/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^0V]M;6]N('-T;V-K+"!P87(@=F%L=64@)#$@<&5R('-H87)E.R!A=71H
M;W)I>F5D('-H87)E<RTM-#`P+#`P,"PP,#`[(&ES<W5E9"!S:&%R97,M+3(X
M,2PS-3(L-S@R(&%N9"`R-S<L.#$R+#0S,#PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C@Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C<X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y!9&1I=&EO;F%L('!A:60M:6X@8V%P:71A
M;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPQ,C@\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#$Q-3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4F5T86EN960@96%R;FEN9W,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C(L.#4X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,BPR.#D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D%C8W5M=6QA=&5D(&]T:&5R(&-O;7!R96AE;G-I
M=F4@:6YC;VUE("AL;W-S*2P@;F5T(&]F('1A>"!O9B`D-B!A;F0@)#(V/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#@V*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')E87-U<GD@
M<W1O8VLL(&%T(&-O<W0M+3@Y+#0P.2PX.#<@86YD(#@U+#4V,BPU-#8@<VAA
M<F5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#,U.2D\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R+#,Q
M."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/E1O=&%L('-H87)E:&]L9&5R<R<@97%U:71Y(&]F($U"24$@26YC+CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,RPY,CD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS+#(W.#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O
M=&%L(&QI86)I;&ET:65S(&%N9"!E<75I='D\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C8L-C@T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-BPR-S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9I>&5D+6UA='5R:71Y('-E8W5R
M:71I97,@:&5L9"!A<R!A=F%I;&%B;&4M9F]R+7-A;&4L(&%M;W)T:7IE9"!C
M;W-T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV-S$\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW,#,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN
M=F5S=&UE;G1S('!L961G960@87,@8V]L;&%T97)A;"P@86UO<G1I>F5D(&-O
M<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0T-3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0V,SQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4VAO
M<G0M=&5R;2!I;G9E<W1M96YT<R!H96QD(&%S(&%V86EL86)L92UF;W(M<V%L
M92P@86UO<G1I>F5D(&-O<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C,R-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$W,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4')E9F5R<F5D('-T;V-K+"!P87(@=F%L=64\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4')E9F5R<F5D('-T
M;V-K+"!A=71H;W)I>F5D('-H87)E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3`L,#`P+#`P,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$P+#`P,"PP,#`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R969E<G)E9"!S=&]C
M:RP@:7-S=65D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4')E9F5R<F5D('-T;V-K+"!O=71S=&%N9&EN9SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UO;B!S=&]C:RP@<&%R('9A;'5E/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UO;B!S
M=&]C:RP@875T:&]R:7IE9"!S:&%R97,\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0P,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-#`P+#`P,"PP,#`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;6UO;B!S=&]C
M:RP@:7-S=65D('-H87)E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C@Q+#,U,BPW.#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XR-S<L.#$R+#0S,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^06-C=6UU;&%T960@;W1H97(@
M8V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I+"!T87AE<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^)"`V/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5')E87-U<GD@<W1O8VLL
M('-H87)E<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.#DL-#`Y
M+#@X-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C@U+#4V,BPU-#8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]
M7TYE>'1087)T7S%B93AF-6$S7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S
M9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E
M7S1D,65?86%B-%]A.38S-F5E968T,V0O5V]R:W-H965T<R]3:&5E=#$R-RYH
M=&UL#0I#;VYT96YT+51R86YS9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A
M8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C
M:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV
M/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T
M/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$
M4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R
M:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P
M;W)T(&ED/3-$240P15HQ04<^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C
M;&%S<STS1'1L(&-O;'-P86X],T0Q(')O=W-P86X],T0R/CQS=')O;F<^4V-H
M961U;&4@24D@*$-O;F1E;G-E9"!3=&%T96UE;G1S($]F($]P97)A=&EO;G,I
M("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S<R!O=&AE
M<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T:#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H
M/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D-O;F1E;G-E9"!);F-O;64@4W1A=&5M96YT
M<RP@0V%P=&EO;G,@6TQI;F4@271E;7-=/"]S=')O;F<^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!G86EN<R`H;&]S<V5S*2!O;B!F
M:6YA;F-I86P@:6YS=')U;65N=',@870@9F%I<B!V86QU92!A;F0@9F]R96EG
M;B!E>&-H86YG93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`W
M.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XD(#4U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/DEN=F5S=&UE;G0@;&]S<V5S(')E;&%T960@
M=&\@;W1H97(M=&AA;BUT96UP;W)A<GD@:6UP86ER;65N=',Z/"]S=')O;F<^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@
M("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;G9E<W1M
M96YT(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM
M<&%I<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M,#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y.970@9V%I;G,@*&QO<W-E<RD@;VX@97AT:6YG=6ES:&UE;G0@;V8@
M9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8P/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE
M<B!N970@<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,CDI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^-SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@<F5V96YU97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C<P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,#D\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR+#0S-3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^26YT
M97)E<W0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(S-CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(X
M-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW,CQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$V-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,V-#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;F-O
M;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU-CD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ+#(S-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4&%R96YT($-O;7!A;GD@6TUE;6)E<ET\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY#;VYD96YS960@26YC;VUE
M(%-T871E;65N=',L($-A<'1I;VYS(%M,:6YE($ET96US73PO<W1R;VYG/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YV97-T;65N
M="!I;F-O;64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0T/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-3`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XV
M,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3F5T(&=A:6YS("AL;W-S97,I(&]N(&9I;F%N8VEA;"!I;G-T<G5M96YT
M<R!A="!F86ER('9A;'5E(&%N9"!F;W)E:6=N(&5X8VAA;F=E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3$Y*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY);G9E
M<W1M96YT(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R+71H86XM=&5M<&]R87)Y
M(&EM<&%I<FUE;G1S.CPO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y);G9E<W1M96YT(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R
M+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#4R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(M=&AA;BUT96UP;W)A<GD@:6UP
M86ER;65N=',@<F5C;V=N:7IE9"!I;B!A8V-U;75L871E9"!O=&AE<B!C;VUP
M<F5H96YS:79E(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/DYE="!I;G9E<W1M96YT(&QO<W-E<R!R96QA=&5D
M('1O(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE;G1S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4Y*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&=A:6YS("AL;W-S
M97,I(&]N(&5X=&EN9W5I<VAM96YT(&]F(&1E8G0\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XT,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE<B!N970@<F5A;&EZ960@9V%I
M;G,@*&QO<W-E<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^5&]T86P@<F5V96YU97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C<P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3`T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,3$T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^3W!E<F%T:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XR-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C8Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ,#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ,#4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ-34\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;"!E>'!E;G-E<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3(Y/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3DU/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F5U
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1V%I;B`H
M;&]S<RD@8F5F;W)E(&EN8V]M92!T87AE<R!A;F0@97%U:71Y(&EN(&5A<FYI
M;F=S(&]F('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH-3DI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH-S`I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,S`Y*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC
M;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-C4I
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,C`R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#<X,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y'86EN("AL;W-S*2!B969O<F4@97%U:71Y(&EN(&5A<FYI
M;F=S(&]F('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3`V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3,R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-#<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y%<75I='D@:6X@;F5T(&EN8V]M92`H;&]S<RD@
M;V8@<W5B<VED:6%R:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT-C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,3@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW-C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`U-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#(U,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,2PR,S0\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@/"]B;V1Y
M/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S7SEB8F5?
M-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO;CH@9FEL
M93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0O
M5V]R:W-H965T<R]3:&5E=#$R."YH=&UL#0I#;VYT96YT+51R86YS9F5R+45N
M8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z('1E>'0O
M:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\:&5A9#X-
M"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O;G1E;G0]
M,T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y<&4],T1T
M97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@4F5M;W9E
M(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O9'D^#0H@
M("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P14%:0D<^#0H@("`@
M("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X],T0Q(')O
M=W-P86X],T0R/CQS=')O;F<^4V-H961U;&4@24D@*$-O;F1E;G-E9"!3=&%T
M96UE;G1S($]F($-O;7!R96AE;G-I=F4@26YC;VUE("A,;W-S*2D@*$1E=&%I
M;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T:&5R=VES92!S
M<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T
M:"!C;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$=&@^1&5C+B`S
M,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,],T1T:#Y$96,N
M(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S<STS1'1H/D1E
M8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DYE="!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XD(#4V.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/B0@,C4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^)"`Q+#(S-#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY5;G)E86QI>F5D
M(&=A:6YS("AL;W-S97,I(&]N(&%V86EL86)L92UF;W(M<V%L92!S96-U<FET
M:65S.B!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E5N<F5A;&EZ960@9V%I;G,@*&QO<W-E<RD@87)I<VEN
M9R!D=7)I;F<@=&AE('!E<FEO9#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,C4T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,C$S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$W-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC
M;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XX,SQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#<V
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C<R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y4;W1A;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3<Q
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,3,W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$P-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4F5C;&%S<VEF:6-A=&EO;B!A9&IU<W1M96YT<R!F;W(@*&=A
M:6YS*2!L;W-S97,@:6YC;'5D960@:6X@;F5T(&EN8V]M92`H;&]S<RD\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$U/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3,I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,SD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO
M;B`H8F5N969I="D@9F]R(&EN8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,30\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XY/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH."D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XR-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY!=F%I;&%B;&4M9F]R+7-A
M;&4@<V5C=7)I=&EE<R!W:71H(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I
M<FUE;G1S.B!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/D]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I<FUE
M;G1S(&%N9"!U;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&%R:7-I;F<@9'5R
M:6YG('1H92!P97)I;V0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#@U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN8V]M92!T87AE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S$I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$X/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A
M;#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-30I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y296-L
M87-S:69I8V%T:6]N(&%D:G5S=&UE;G1S(&9O<B`H9V%I;G,I(&QO<W-E<R!I
M;F-L=61E9"!I;B!N970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-CD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@9F]R
M(&EN8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/E1O=&%L/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XT
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH
M,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^/'-T<F]N9SY&;W)E:6=N(&-U<G)E;F-Y('1R86YS;&%T:6]N.B!;
M06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D9O<F5I9VX@8W5R<F5N8WD@=')A;G-L871I;VX@9V%I;G,@*&QO
M<W-E<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0P*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A>&5S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,RD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,BD\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D9O<F5I9VX@8W5R<F5N
M8WD@=')A;G-L871I;VX@9V%I;G,@*&QO<W-E<RD\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#(W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XR-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@;W1H97(@8V]M<')E:&5N
M<VEV92!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@Q-#(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,C,R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y#;VUP<F5H96YS:79E(&EN8V]M92`H;&]S<RD\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8W-CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$P.#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L-#8V/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0
M87)E;G0@0V]M<&%N>2!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@:6YC;VUE("AL;W-S*3PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^-38Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,C4P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,2PR,S0\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^56YR96%L:7IE
M9"!G86EN<R`H;&]S<V5S*2!O;B!A=F%I;&%B;&4M9F]R+7-A;&4@<V5C=7)I
M=&EE<SH@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y5;G)E86QI>F5D(&=A:6YS("AL;W-S97,I(&%R:7-I
M;F<@9'5R:6YG('1H92!P97)I;V0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$R-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#$W.2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ-C8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN
M8V]M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q
M-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XS-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^5&]T86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$V,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ,S`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L
M:6=N/3-$=&]P/E)E8VQA<W-I9FEC871I;VX@861J=7-T;65N=',@9F]R("AG
M86EN<RD@;&]S<V5S(&EN8VQU9&5D(&EN(&YE="!I;F-O;64@*&QO<W,I/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,SQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(S/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$Q/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]V:7-I
M;VX@*&)E;F5F:70I(&9O<B!I;F-O;64@=&%X97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,SD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E1O=&%L/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-S(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O;F<^079A:6QA8FQE+69O<BUS
M86QE('-E8W5R:71I97,@=VET:"!O=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A
M:7)M96YT<SH@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y/=&AE<BUT:&%N+71E;7!O<F%R>2!I;7!A:7)M
M96YT<R!A;F0@=6YR96%L:7IE9"!G86EN<R`H;&]S<V5S*2!A<FES:6YG(&1U
M<FEN9R!T:&4@<&5R:6]D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@
M(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI
M9VX],T1T;W`^4')O=FES:6]N("AB96YE9FET*2!F;W(@:6YC;VUE('1A>&5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y4;W1A;#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C@\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5C;&%S<VEF
M:6-A=&EO;B!A9&IU<W1M96YT<R!F;W(@*&=A:6YS*2!L;W-S97,@:6YC;'5D
M960@:6X@;F5T(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,S$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!R;W9I<VEO;B`H8F5N969I="D@9F]R(&EN8V]M
M92!T87AE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,3QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5&]T86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS
M=')O;F<^1F]R96EG;B!C=7)R96YC>2!T<F%N<VQA=&EO;CH@6T%B<W1R86-T
M73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&
M;W)E:6=N(&-U<G)E;F-Y('1R86YS;&%T:6]N(&=A:6YS("AL;W-S97,I/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R,RD\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@S*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$U*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@
M;W1H97(@8V]M<')E:&5N<VEV92!I;F-O;64@*&QO<W,I/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ,#<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-#(I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C,R/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VUP<F5H96YS:79E
M(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@-C<V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`Q,#@\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XD(#$L-#8V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM
M+2TM/5].97AT4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E
M968T,V0-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?
M.6)B95\T9#%E7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q
M,CDN:'1M;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE
M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA
M<G-E=#UU=&8M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R
M8STS1%-H;W<N:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\
M+W-C<FEP=#X\+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS
M1')E<&]R="!I9#TS1$E$,$5#3D1)/@T*("`@("`@/'1R/@T*("`@("`@("`\
M=&@@8VQA<W,],T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG
M/E-C:&5D=6QE($E)("T@0V]N9&5N<V5D(%-T871E;65N=',@3V8@0V%S:"!&
M;&]W<R`H1&5T86EL*2`H55-$("0I/&)R/DEN($UI;&QI;VYS+"!U;FQE<W,@
M;W1H97)W:7-E('-P96-I9FEE9#PO<W1R;VYG/CPO=&@^#0H@("`@("`@(#QT
M:"!C;&%S<STS1'1H(&-O;'-P86X],T0S/C$R($UO;G1H<R!%;F1E9#PO=&@^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$T/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,3,\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q,CQB<CX\+W1H/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^/'-T<F]N9SY#87-H(&9L;W=S(&9R;VT@;W!E<F%T
M:6YG(&%C=&EV:71I97,Z/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/DEN=F5S=&UE;G0@:6YC;VUE(')E8V5I=F5D/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#0Q.3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@-#(V/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`U.30\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,]
M,T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D]P
M97)A=&EN9R!E>'!E;G-E<R!P86ED/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@R,S@I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,C<W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#0P,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN=&5R97-T('!A:60L(&YE="!O9B!I
M;G1E<F5S="!C;VYV97)T960@=&\@<')I;F-I<&%L/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@Q-SDI/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,C(T*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#0P,"D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN8V]M92!T87AE<R`H
M<&%I9"D@<F5C96EV960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@
M("`\='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@8V%S:"!P<F]V:61E9"`H=7-E9"D@8GD@;W!E<F%T
M:6YG(&%C=&EV:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#,S,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+#@R.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#$L,#(W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY#87-H(&9L;W=S(&9R;VT@:6YV
M97-T:6YG(&%C=&EV:71I97,Z/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/E!U<F-H87-E<R!O9B!A=F%I;&%B;&4M9F]R+7-A
M;&4@:6YV97-T;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$L-#DT*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#(L,SDW*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#,L,#@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4V%L97,@;V8@879A:6QA8FQE+69O<BUS
M86QE(&EN=F5S=&UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XW-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+#<R-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C0L-C4X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y087ED;W=N<R!A;F0@;6%T=7)I=&EE<R!O9B!A
M=F%I;&%B;&4M9F]R+7-A;&4@:6YV97-T;65N=',\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C0X-#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C0U,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C8P.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\
M=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4'5R8VAA<V5S(&]F(&EN=F5S
M=&UE;G1S(&%T(&9A:7(@=F%L=64\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#8S,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M/B@S-S$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,S0V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4V%L97,L('!A>61O=VYS(&%N9"!M871U
M<FET:65S(&]F(&EN=F5S=&UE;G1S(&%T(&9A:7(@=F%L=64\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C<X.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4Y-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDV,#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4V%L97,L('!A>61O
M=VYS(&%N9"!M871U<FET:65S("AP=7)C:&%S97,I(&]F('-H;W)T+71E<FT@
M:6YV97-T;65N=',L(&YE=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-3$U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH,S4X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C<S.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4')O8V5E9',@1G)O;2!386QE<R!-871U<FET:65S
M(%!R97!A>6UE;G1S(&%N9"!#86QL<R!/9B!/=&AE<B!);G9E<W1M96YT<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#XH4&%Y;65N=',I
M('!R;V-E961S(&9O<B!D97)I=F%T:79E('-E='1L96UE;G1S/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-BD\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@U-"D\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R.#@I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VQL871E<F%L
M("AT;RD@9G)O;2!S=V%P(&-O=6YT97)P87)T>3PO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,30T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3(R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH,C@U*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E=3X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!C87-H('!R;W9I9&5D
M("AU<V5D*2!B>2!I;G9E<W1I;F<@86-T:79I=&EE<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^.#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XT+#$Y-3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY#87-H(&9L
M;W=S(&9R;VT@9FEN86YC:6YG(&%C=&EV:71I97,Z/"]S=')O;F<^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!R;V-E961S(&9R;VT@:6YV
M97-T;65N="!A9W)E96UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XS,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,S8\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E!R:6YC:7!A;"!P87ED;W=N<R!O9B!I;G9E<W1M96YT
M(&%G<F5E;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$Y
M,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@R.#4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;3XH-C@X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^4&%Y;65N=',@9F]R('-E8W5R:71I97,@<V]L9"!U;F1E
M<B!A9W)E96UE;G1S('1O(')E<'5R8VAA<V4\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;3XH,C@W*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^4&%Y;65N=',@9F]R(')E=&ER96UE;G0@
M;V8@9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-30P
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^4'5R8VAA<V5S(&]F('1R96%S=7)Y('-T;V-K/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@S,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4F5S=')I8W1E9"!S=&]C:R!A=V%R
M9',@<V5T=&QE;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/DYE="!C87-H('!R;W9I9&5D("AU<V5D*2!B>2!F:6YA;F-I;F<@
M86-T:79I=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.#DR
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#$L-38V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#(L.#$Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^169F96-T(&]F(&5X8VAA;F=E(')A=&4@8VAA;F=E
M<R!O;B!C87-H(&%N9"!C87-H(&5Q=6EV86QE;G1S/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M/B@X*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C$Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&EN8W)E87-E("AD96-R96%S
M92D@:6X@8V%S:"!A;F0@8V%S:"!E<75I=F%L96YT<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH-#(Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C(V.#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U-SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%S:"!A;F0@8V%S:"!E
M<75I=F%L96YT<R`M(&)E9VEN;FEN9R!O9B!Y96%R/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ+#(U.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/CDY,#QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C8S,SQS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^0V%S:"!A;F0@8V%S:"!E
M<75I=F%L96YT<R`M(&5N9"!O9B!Y96%R/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XW.#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XQ+#(U.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/CDY,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^/'-T<F]N9SY296-O;F-I;&EA=&EO
M;B!O9B!N970@:6YC;VUE("AL;W-S*2!T;R!N970@8V%S:"!P<F]V:61E9"`H
M=7-E9"D@8GD@;W!E<F%T:6YG(&%C=&EV:71I97,Z(%M!8G-T<F%C=%T\+W-T
M<F]N9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3F5T(&EN
M8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4V
M.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C(U,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/C$L,C,T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#X\<W1R;VYG/D-H86YG92!I;CH@6T%B<W1R86-T73PO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@:6YV
M97-T;65N="!L;W-S97,@<F5L871E9"!T;R!O=&AE<BUT:&%N+71E;7!O<F%R
M>2!I;7!A:7)M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,34\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3`U/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y.970@*&=A:6YS*2!L;W-S97,@;VX@9FEN86YC:6%L(&EN<W1R
M=6UE;G1S(&%T(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$R."D\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-#0I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-S,I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y/=&AE
M<B!N970@<F5A;&EZ960@*&=A:6YS*2!L;W-S97,\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#(U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C(X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;3XH-RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D1E9F5R<F5D(&EN8V]M92!T87@@
M<')O=FES:6]N("AB96YE9FET*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^-3`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XQ-3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XS-C4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^
M#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$
M<&P@=F%L:6=N/3-$=&]P/BA'86EN<RD@;&]S<V5S(&]N(&5X=&EN9W5I<VAM
M96YT(&]F(&1E8G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@V
M,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M/B@T.2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D]T:&5R(&]P97)A=&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;7`^,3$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^,3`S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3,X/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^5&]T86P@861J=7-T;65N=',@=&\@;F5T
M(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#DP,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XQ+#4W.3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#(L,C8Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O=3X-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!C87-H('!R;W9I9&5D("AU<V5D*2!B
M>2!O<&5R871I;F<@86-T:79I=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,S,S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$L.#(Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XH,2PP,C<I/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y087)E;G0@0V]M<&%N>2!;365M
M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG
M/D-A<V@@9FQO=W,@9G)O;2!O<&5R871I;F<@86-T:79I=&EE<SH\+W-T<F]N
M9SX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F5E<R!A;F0@
M<F5I;6)U<G-E;65N=',@<F5C96EV960\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;7`^-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YV97-T;65N="!I;F-O;64@<F5C96EV960\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U-CQS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q.#QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E
M/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W!E<F%T
M:6YG(&5X<&5N<V5S('!A:60\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6T^*#,U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#,U*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#0S*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^26YT97)E<W0@<&%I9"P@;F5T(&]F(&EN=&5R97-T
M(&-O;G9E<G1E9"!T;R!P<FEN8VEP86P\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#DS*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#DS*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#$P,2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DEN8V]M92!T87AE<R`H<&%I9"D@<F5C
M96EV960\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4Y/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,3$Q/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C(T
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F]U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^3F5T(&-A<V@@<')O=FED960@*'5S960I(&)Y(&]P97)A=&EN9R!A8W1I
M=FET:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ.#@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,S,\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR
M,#,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/CQS=')O;F<^0V%S:"!F;&]W<R!F<F]M(&EN=F5S=&EN9R!A8W1I=FET
M:65S.CPO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^
M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L
M87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O
M<#Y0=7)C:&%S97,@;V8@879A:6QA8FQE+69O<BUS86QE(&EN=F5S=&UE;G1S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,C4I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C@W*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#4V,"D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/E-A;&5S(&]F(&%V86EL86)L92UF;W(M<V%L92!I;G9E<W1M96YT<SPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C8X/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,30W/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PQ-#@\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!A>61O
M=VYS(&%N9"!M871U<FET:65S(&]F(&%V86EL86)L92UF;W(M<V%L92!I;G9E
M<W1M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.3@\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR-3(\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M+#`S-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT
M<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX]
M,T1T;W`^4'5R8VAA<V5S(&]F(&EN=F5S=&UE;G1S(&%T(&9A:7(@=F%L=64\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(V-BD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-#0I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#(I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y3
M86QE<RP@<&%Y9&]W;G,@86YD(&UA='5R:71I97,@;V8@:6YV97-T;65N=',@
M870@9F%I<B!V86QU93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^
M,C@P/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^,3(V/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,3,Y/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y386QE<RP@<&%Y9&]W;G,@86YD(&UA='5R:71I97,@*'!U
M<F-H87-E<RD@;V8@<VAO<G0M=&5R;2!I;G9E<W1M96YT<RP@;F5T/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@R-#(I/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^.30\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,30\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/BA087EM96YT
M<RD@<')O8V5E9',@9F]R(&1E<FEV871I=F4@<V5T=&QE;65N=',\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(V*3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,R*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#(P-RD\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R93X-
M"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/D-O;&QA=&5R
M86P@*'1O*2!F<F]M('-W87`@8V]U;G1E<G!A<G1Y/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XQ-#0\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$;G5M<#XQ,C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M/B@R.#4I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#;VYT<FEB=71I;VYS('1O
M('-U8G-I9&EA<FEE<RP@;F5T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@R,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,3(I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*
M("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L
M('9A;&EG;CTS1'1O<#Y!9'9A;F-E<R!T;R!S=6)S:61I87)I97,L(&YE=#PO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3(I/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$\<W!A;CX\+W-P
M86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;W4^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.970@8V%S
M:"!P<F]V:61E9"`H=7-E9"D@8GD@:6YV97-T:6YG(&%C=&EV:71I97,\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/CDY/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C@P/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,2PS,S(\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R
M93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/CQS=')O
M;F<^0V%S:"!F;&]W<R!F<F]M(&9I;F%N8VEN9R!A8W1I=FET:65S.CPO<W1R
M;VYG/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<F]C965D
M<R!F<F]M(&EN=F5S=&UE;G0@86=R965M96YT<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,C,\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XR-3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/C,Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0<FEN8VEP86P@<&%Y9&]W;G,@;V8@
M:6YV97-T;65N="!A9W)E96UE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@Q.#$I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S<STS1&YU;3XH,C<T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6T^*#8W.2D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!A>6UE;G1S(&9O<B!S96-U<FET:65S
M('-O;&0@=6YD97(@86=R965M96YT<R!T;R!R97!U<F-H87-E/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S(I/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-C,Y*3QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@
M("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^4&%Y;65N=',@9F]R
M(')E=&ER96UE;G0@;V8@9&5B=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#,I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XH,3@P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^4&%Y;65N=',@9F]R(&%F9FEL:6%T92!L;V%N<SPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,34S*3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$Y-"D\<W!A;CX\
M+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q,#DI/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y0
M=7)C:&%S97,@;V8@=')E87-U<GD@<W1O8VL\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^*#,R*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'!L('9A;&EG;CTS1'1O<#Y297-T<FEC=&5D('-T;V-K(&%W87)D<R!S
M971T;&5M96YT<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,38\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R974^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS
M1'1O<#Y.970@8V%S:"!P<F]V:61E9"`H=7-E9"D@8GD@9FEN86YC:6YG(&%C
M=&EV:71I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#,R-RD\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T
M-C4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;3XH,2PU-S4I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y.970@:6YC<F5A<V4@*&1E8W)E87-E*2!I;B!C87-H(&%N
M9"!C87-H(&5Q=6EV86QE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@T,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XT.#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6T^*#0P*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-
M"B`@("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P
M;"!V86QI9VX],T1T;W`^0V%S:"!A;F0@8V%S:"!E<75I=F%L96YT<R`M(&)E
M9VEN;FEN9R!O9B!Y96%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XQ-#`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XY,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$S,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^0V%S:"!A;F0@8V%S:"!E<75I=F%L96YT<R`M(&5N9"!O
M9B!Y96%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ,#`\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-#`\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XY
M,CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T
M;W`^/'-T<F]N9SY296-O;F-I;&EA=&EO;B!O9B!N970@:6YC;VUE("AL;W-S
M*2!T;R!N970@8V%S:"!P<F]V:61E9"`H=7-E9"D@8GD@;W!E<F%T:6YG(&%C
M=&EV:71I97,Z(%M!8G-T<F%C=%T\+W-T<F]N9SX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^3F5T(&EN8V]M92`H;&]S<RD\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6UP/C4V.3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(U,#QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$L,C,T/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@
M("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/D-H
M86YG92!I;CH@6T%B<W1R86-T73PO<W1R;VYG/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y);G1E<F-O;7!A;GD@86-C;W5N=',@<F5C96EV
M86)L93PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C0I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,30I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH.2D\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA
M<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P
M/D-U<G)E;G0@:6YC;VUE('1A>&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XW,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA
M<W,],T1N=6UP/C$Q-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C4W/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#Y%<75I='D@:6X@96%R;FEN9W,@;V8@<W5B<VED
M:6%R:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@T-C,I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,3$X
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#<V,BD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/D1I=FED96YD<R!F<F]M('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1&YU;7`^,C(U/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C$Y/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^-C`\<W!A;CX\+W-P86X^/"]T
M9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@
M("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYE="!I;G9E<W1M96YT
M(&QO<W-E<R!R96QA=&5D('1O(&]T:&5R+71H86XM=&5M<&]R87)Y(&EM<&%I
M<FUE;G1S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XP/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4Y/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y.
M970@*&=A:6YS*2!L;W-S97,@;VX@9FEN86YC:6%L(&EN<W1R=6UE;G1S(&%T
M(&9A:7(@=F%L=64@86YD(&9O<F5I9VX@97AC:&%N9V4\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6T^*#(T*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1N=6T^*#$Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Q.3QS<&%N/CPO<W!A;CX\+W1D
M/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@
M("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H97(@;F5T(')E86QI
M>F5D("AG86EN<RD@;&]S<V5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M/B@Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C`\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M/B@V*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@
M("`@(#QT<B!C;&%S<STS1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^1&5F97)R960@:6YC;VUE('1A>"!P<F]V:7-I;VX@*&)E
M;F5F:70I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Q-S8I/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,C`W
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^
M*#8Q,RD\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N
M/3-$=&]P/BA'86EN<RD@;&]S<V5S(&]N(&5X=&EN9W5I<VAM96YT(&]F(&1E
M8G0\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$I/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH-#,I/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS
M1')E/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^3W1H
M97(@;W!E<F%T:6YG/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ
M,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/C0Q/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU
M;7`^-C(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\
M='(@8VQA<W,],T1R;W4^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG
M;CTS1'1O<#Y4;W1A;"!A9&IU<W1M96YT<R!T;R!N970@:6YC;VUE("AL;W-S
M*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;3XH,S@Q*3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$W*3QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6T^*#$L,#,Q
M*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C
M;&%S<STS1')E=3X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/DYE="!C87-H('!R;W9I9&5D("AU<V5D*2!B>2!O<&5R871I;F<@86-T
M:79I=&EE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`Q.#@\
M<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD
M(#(S,SQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N
M=6UP/B0@,C`S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT
M4&%R=%\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E968T,V0-"D-O
M;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,6)E.&8U83-?.6)B95\T9#%E
M7V%A8C1?83DV,S9E965F-#-D+U=O<FMS:&5E=',O4VAE970Q,S`N:'1M;`T*
M0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R:6YT86)L90T*
M0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*
M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O
M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA<G-E=#UU=&8M
M."<^/'-C<FEP="!T>7!E/3-$=&5X="]J879A<V-R:7!T('-R8STS1%-H;W<N
M:G,^+RH@1&\@3F]T(%)E;6]V92!4:&ES($-O;6UE;G0@*B\\+W-C<FEP=#X\
M+VAE860^#0H@(#QB;V1Y/@T*("`@(#QT86)L92!C;&%S<STS1')E<&]R="!I
M9#TS1$E$,$545T%'/@T*("`@("`@/'1R/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T;"!C;VQS<&%N/3-$,2!R;W=S<&%N/3-$,CX\<W1R;VYG/E-C:&5D=6QE
M($E)("T@*$YO=&5S('1O($-O;F1E;G-E9"!&:6YA;F-I86P@4W1A=&5M96YT
M<RD@*$1E=&%I;"D@*%531"`D*3QB<CY);B!-:6QL:6]N<RP@=6YL97-S(&]T
M:&5R=VES92!S<&5C:69I960\+W-T<F]N9SX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:"!C;VQS<&%N/3-$,SXQ,B!-;VYT:',@16YD960\+W1H/@T*
M("`@("`@/"]T<CX-"B`@("`@(#QT<CX-"B`@("`@("`@/'1H(&-L87-S/3-$
M=&@^1&5C+B`S,2P@,C`Q-#QB<CX\+W1H/@T*("`@("`@("`\=&@@8VQA<W,]
M,T1T:#Y$96,N(#,Q+"`R,#$S/&)R/CPO=&@^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,3(\8G(^/"]T:#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R93X-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D9A:7(@=F%L=64@;V8@<V5C=7)I=&EE<R!P;&5D9V5D
M(&%S(&-O;&QA=&5R86P\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP
M/B0@-3,R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^)"`W,S4\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/E-E8W5R:71I97,@<&]S=&5D(&%S(&-O;&QA=&5R86P@
M=&\@9&5R:79A=&EV92!C;W5N=&5R<&%R=&EE<SPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S<STS1&YU;7`^,3DX/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-#(\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@
M(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$<&P@=F%L:6=N/3-$=&]P/DYA=&EO;F%L(%!U8FQI8R!&:6YA;F-E
M($=U87)A;G1E92!(;VQD:6YG<RP@26YC+B!;365M8F5R73PO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C
M;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y$:79I9&5N9',@9G)O;2!S=6)S:61I
M87)I97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(R,#QS<&%N
M/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(Q-#QS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS
M<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S
M<STS1')H/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^
M5')I9FEN:75M($AO;&1I;F=S($QI;6ET960@6TUE;6)E<ET\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@
M("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@
M8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1&EV:61E;F1S(&9R;VT@<W5B<VED
M:6%R:65S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y-0DE!
M(%-E<G9I8V5S($-O<G!O<F%T:6]N(%M-96UB97)=/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO
M='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S
M/3-$<&P@=F%L:6=N/3-$=&]P/D1I=FED96YD<R!F<F]M('-U8G-I9&EA<FEE
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C4S/'-P86X^/"]S
M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F@^
M#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#87!-04,@
M2&]L9&EN9W,@26YC+B!;365M8F5R73PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F\^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A
M;&EG;CTS1'1O<#Y$:79I9&5N9',@9G)O;2!S=6)S:61I87)I97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*
M("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R:#X-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DU"24$@07-S970@1FEN86YC
M92P@3$Q#(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D1I=FED96YD<R!F<F]M('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^-CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^175R;R!!<W-E="!!8W%U:7-I=&EO;B!,
M:6UI=&5D(%M-96UB97)=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X
M=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@("`\='(@
M8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$
M=&]P/D1I=FED96YD<R!F<F]M('-U8G-I9&EA<FEE<SPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;7`^,3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')H/@T*("`@("`@("`\=&0@8VQA
M<W,],T1P;"!V86QI9VX],T1T;W`^34))02!);F,N(%M-96UB97)=/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-
M"B`@("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@
M/'1D(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/DQI<75I9"!A<W-E=',\+W1D
M/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0Y.#QS<&%N/CPO<W!A;CX\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C,U.3QS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')E/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^1F%I<B!V86QU
M92!O9B!S96-U<FET:65S('!L961G960@87,@8V]L;&%T97)A;#PO=&0^#0H@
M("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C<S/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,C<P/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F\^#0H@("`@
M("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y396-U<FET:65S('!O
M<W1E9"!A<R!C;VQL871E<F%L('1O(&1E<FEV871I=F4@8V]U;G1E<G!A<G1I
M97,\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C$Y.3QS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C0R/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1'1E>'0^/'-P86X^
M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$
M<F@^#0H@("`@("`@(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y&86ER
M(%9A;'5E($]F(%1H92!#;VQL871E<F%L(%!L961G960@0GD@34))02!);F,@
M6TUE;6)E<ET@?"!-0DE!($EN8RX@6TUE;6)E<ET\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\
M=&0@8VQA<W,],T1T97AT/CQS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@/"]T
M<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1P;"!V86QI9VX],T1T;W`^36]N97D@;6%R:V5T('-E8W5R:71I97,@<&QE
M9&=E9"!A<R!C;VQL871E<F%L('5N9&5R(&EN=F5S=&UE;G0@86=R965M96YT
M<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^)"`R-CQS<&%N/CPO
M<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/B0@,C(\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\<W!A
M;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@("`@/"]T86)L93X-"B`@
M/"]B;V1Y/@T*/"]H=&UL/@T*#0HM+2TM+2T]7TYE>'1087)T7S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9`T*0V]N=&5N="U,;V-A=&EO
M;CH@9FEL93HO+R]#.B\Q8F4X9C5A,U\Y8F)E7S1D,65?86%B-%]A.38S-F5E
M968T,V0O5V]R:W-H965T<R]3:&5E=#$S,2YH=&UL#0I#;VYT96YT+51R86YS
M9F5R+45N8V]D:6YG.B!Q=6]T960M<')I;G1A8FQE#0I#;VYT96YT+51Y<&4Z
M('1E>'0O:'1M;#L@8VAA<G-E=#TB=7,M87-C:6DB#0H-"CQH=&UL/@T*("`\
M:&5A9#X-"B`@("`\345402!H='1P+65Q=6EV/3-$0V]N=&5N="U4>7!E(&-O
M;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R<V5T/75T9BTX)SX\<V-R:7!T('1Y
M<&4],T1T97AT+VIA=F%S8W)I<'0@<W)C/3-$4VAO=RYJ<SXO*B!$;R!.;W0@
M4F5M;W9E(%1H:7,@0V]M;65N="`J+SPO<V-R:7!T/CPO:&5A9#X-"B`@/&)O
M9'D^#0H@("`@/'1A8FQE(&-L87-S/3-$<F5P;W)T(&ED/3-$240P15=-04,^
M#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S<STS1'1L(&-O;'-P86X]
M,T0Q(')O=W-P86X],T0R/CQS=')O;F<^4V-H961U;&4@258@+2`H4F5I;G-U
M<F%N8V4I("A$971A:6PI("A54T0@)"D\8G(^26X@36EL;&EO;G,L('5N;&5S
M<R!O=&AE<G=I<V4@<W!E8VEF:65D/"]S=')O;F<^/"]T:#X-"B`@("`@("`@
M/'1H(&-L87-S/3-$=&@@8V]L<W!A;CTS1#,^,3(@36]N=&AS($5N9&5D/"]T
M:#X-"B`@("`@(#PO='(^#0H@("`@("`\='(^#0H@("`@("`@(#QT:"!C;&%S
M<STS1'1H/D1E8RX@,S$L(#(P,30\8G(^/"]T:#X-"B`@("`@("`@/'1H(&-L
M87-S/3-$=&@^1&5C+B`S,2P@,C`Q,SQB<CX\+W1H/@T*("`@("`@("`\=&@@
M8VQA<W,],T1T:#Y$96,N(#,Q+"`R,#$R/&)R/CPO=&@^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@(#QT9"!C;&%S<STS
M1'!L('9A;&EG;CTS1'1O<#X\<W1R;VYG/E-U<'!L96UE;G1A;"!38VAE9'5L
M92!O9B!296EN<W5R86YC92!0<F5M:75M<R!F;W(@26YS=7)A;F-E($-O;7!A
M;FEE<R!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L
M87-S/3-$=&5X=#X\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@(#PO='(^#0H@
M("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D(&-L87-S/3-$<&P@
M=F%L:6=N/3-$=&]P/D1I<F5C="!!;6]U;G0\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6T^)"`H,3@I/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S<STS1&YU;3XD("@T,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#$W/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$<F4^#0H@("`@("`@
M(#QT9"!C;&%S<STS1'!L('9A;&EG;CTS1'1O<#Y#961E9"!T;R!/=&AE<G,\
M+W1D/@T*("`@("`@("`\=&0@8VQA<W,],T1N=6UP/C(\<W!A;CX\+W-P86X^
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS1&YU;7`^,CQS<&%N/CPO<W!A
M;CX\+W1D/@T*("`@("`@/"]T<CX-"B`@("`@(#QT<B!C;&%S<STS1')O/@T*
M("`@("`@("`\=&0@8VQA<W,],T1P;"!V86QI9VX],T1T;W`^07-S=6UE9"!&
M<F]M($]T:&5R($-O;7!A;FEE<SPO=&0^#0H@("`@("`@(#QT9"!C;&%S<STS
M1&YU;7`^,#QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6UP/C$\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$;G5M<#XR/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@
M("`@/'1R(&-L87-S/3-$<F5U/@T*("`@("`@("`\=&0@8VQA<W,],T1P;"!V
M86QI9VX],T1T;W`^3F5T($%M;W5N=#PO=&0^#0H@("`@("`@(#QT9"!C;&%S
M<STS1&YU;3XD("@R,"D\<W!A;CX\+W-P86X^/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M/B0@*#0Q*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M("`\=&0@8VQA<W,],T1N=6UP/B0@,3<\<W!A;CX\+W-P86X^/"]T9#X-"B`@
M("`@(#PO='(^#0H@("`@("`\='(@8VQA<W,],T1R;SX-"B`@("`@("`@/'1D
M(&-L87-S/3-$<&P@=F%L:6=N/3-$=&]P/E!E<F-E;G1A9V4@;V8@06UO=6YT
M($%S<W5M960@=&\@3F5T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XP+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@8VQA<W,]
M,T1N=6T^*#(N,#`E*3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@("`\=&0@
M8VQA<W,],T1N=6UP/C$R+C`P)3QS<&%N/CPO<W!A;CX\+W1D/@T*("`@("`@
M/"]T<CX-"B`@("`\+W1A8FQE/@T*("`\+V)O9'D^#0H\+VAT;6P^#0H-"BTM
M+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B95\T9#%E7V%A8C1?83DV,S9E
M965F-#-D#0I#;VYT96YT+4QO8V%T:6]N.B!F:6QE.B\O+T,Z+S%B93AF-6$S
M7SEB8F5?-&0Q95]A86(T7V$Y-C,V965E9C0S9"]7;W)K<VAE971S+V9I;&5L
M:7-T+GAM;`T*0V]N=&5N="U4<F%N<V9E<BU%;F-O9&EN9SH@<75O=&5D+7!R
M:6YT86)L90T*0V]N=&5N="U4>7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S
M+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC<F]S
M;V9T+6-O;3IO9F9I8V4Z;V9F:6-E(CX-"B`\;SI-86EN1FEL92!(4F5F/3-$
M(BXN+U=O<FMB;V]K+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970P
M,2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,#(N:'1M;"(O/@T*
M(#QO.D9I;&4@2%)E9CTS1")3:&5E=#`S+FAT;6PB+SX-"B`\;SI&:6QE($A2
M968],T0B4VAE970P-"YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T
M,#4N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#`V+FAT;6PB+SX-
M"B`\;SI&:6QE($A2968],T0B4VAE970P-RYH=&UL(B\^#0H@/&\Z1FEL92!(
M4F5F/3-$(E-H965T,#@N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E
M=#`Y+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Q,"YH=&UL(B\^
M#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,3$N:'1M;"(O/@T*(#QO.D9I;&4@
M2%)E9CTS1")3:&5E=#$R+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE
M970Q,RYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,30N:'1M;"(O
M/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$U+FAT;6PB+SX-"B`\;SI&:6QE
M($A2968],T0B4VAE970Q-BYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H
M965T,3<N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$X+FAT;6PB
M+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Q.2YH=&UL(B\^#0H@/&\Z1FEL
M92!(4F5F/3-$(E-H965T,C`N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3
M:&5E=#(Q+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970R,BYH=&UL
M(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,C,N:'1M;"(O/@T*(#QO.D9I
M;&4@2%)E9CTS1")3:&5E=#(T+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B
M4VAE970R-2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,C8N:'1M
M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#(W+FAT;6PB+SX-"B`\;SI&
M:6QE($A2968],T0B4VAE970R."YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$
M(E-H965T,CDN:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#,P+FAT
M;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970S,2YH=&UL(B\^#0H@/&\Z
M1FEL92!(4F5F/3-$(E-H965T,S(N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS
M1")3:&5E=#,S+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970S-"YH
M=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,S4N:'1M;"(O/@T*(#QO
M.D9I;&4@2%)E9CTS1")3:&5E=#,V+FAT;6PB+SX-"B`\;SI&:6QE($A2968]
M,T0B4VAE970S-RYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,S@N
M:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#,Y+FAT;6PB+SX-"B`\
M;SI&:6QE($A2968],T0B4VAE970T,"YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F
M/3-$(E-H965T-#$N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#0R
M+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970T,RYH=&UL(B\^#0H@
M/&\Z1FEL92!(4F5F/3-$(E-H965T-#0N:'1M;"(O/@T*(#QO.D9I;&4@2%)E
M9CTS1")3:&5E=#0U+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970T
M-BYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T-#<N:'1M;"(O/@T*
M(#QO.D9I;&4@2%)E9CTS1")3:&5E=#0X+FAT;6PB+SX-"B`\;SI&:6QE($A2
M968],T0B4VAE970T.2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T
M-3`N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#4Q+FAT;6PB+SX-
M"B`\;SI&:6QE($A2968],T0B4VAE970U,BYH=&UL(B\^#0H@/&\Z1FEL92!(
M4F5F/3-$(E-H965T-3,N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E
M=#4T+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970U-2YH=&UL(B\^
M#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T-38N:'1M;"(O/@T*(#QO.D9I;&4@
M2%)E9CTS1")3:&5E=#4W+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE
M970U."YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T-3DN:'1M;"(O
M/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#8P+FAT;6PB+SX-"B`\;SI&:6QE
M($A2968],T0B4VAE970V,2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H
M965T-C(N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#8S+FAT;6PB
M+SX-"B`\;SI&:6QE($A2968],T0B4VAE970V-"YH=&UL(B\^#0H@/&\Z1FEL
M92!(4F5F/3-$(E-H965T-C4N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3
M:&5E=#8V+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970V-RYH=&UL
M(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T-C@N:'1M;"(O/@T*(#QO.D9I
M;&4@2%)E9CTS1")3:&5E=#8Y+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B
M4VAE970W,"YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T-S$N:'1M
M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#<R+FAT;6PB+SX-"B`\;SI&
M:6QE($A2968],T0B4VAE970W,RYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$
M(E-H965T-S0N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#<U+FAT
M;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970W-BYH=&UL(B\^#0H@/&\Z
M1FEL92!(4F5F/3-$(E-H965T-S<N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS
M1")3:&5E=#<X+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970W.2YH
M=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T.#`N:'1M;"(O/@T*(#QO
M.D9I;&4@2%)E9CTS1")3:&5E=#@Q+FAT;6PB+SX-"B`\;SI&:6QE($A2968]
M,T0B4VAE970X,BYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T.#,N
M:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#@T+FAT;6PB+SX-"B`\
M;SI&:6QE($A2968],T0B4VAE970X-2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F
M/3-$(E-H965T.#8N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#@W
M+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970X."YH=&UL(B\^#0H@
M/&\Z1FEL92!(4F5F/3-$(E-H965T.#DN:'1M;"(O/@T*(#QO.D9I;&4@2%)E
M9CTS1")3:&5E=#DP+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Y
M,2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T.3(N:'1M;"(O/@T*
M(#QO.D9I;&4@2%)E9CTS1")3:&5E=#DS+FAT;6PB+SX-"B`\;SI&:6QE($A2
M968],T0B4VAE970Y-"YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T
M.34N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#DV+FAT;6PB+SX-
M"B`\;SI&:6QE($A2968],T0B4VAE970Y-RYH=&UL(B\^#0H@/&\Z1FEL92!(
M4F5F/3-$(E-H965T.3@N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E
M=#DY+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Q,#`N:'1M;"(O
M/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$P,2YH=&UL(B\^#0H@/&\Z1FEL
M92!(4F5F/3-$(E-H965T,3`R+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B
M4VAE970Q,#,N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$P-"YH
M=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,3`U+FAT;6PB+SX-"B`\
M;SI&:6QE($A2968],T0B4VAE970Q,#8N:'1M;"(O/@T*(#QO.D9I;&4@2%)E
M9CTS1")3:&5E=#$P-RYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T
M,3`X+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Q,#DN:'1M;"(O
M/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$Q,"YH=&UL(B\^#0H@/&\Z1FEL
M92!(4F5F/3-$(E-H965T,3$Q+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B
M4VAE970Q,3(N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$Q,RYH
M=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,3$T+FAT;6PB+SX-"B`\
M;SI&:6QE($A2968],T0B4VAE970Q,34N:'1M;"(O/@T*(#QO.D9I;&4@2%)E
M9CTS1")3:&5E=#$Q-BYH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T
M,3$W+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Q,3@N:'1M;"(O
M/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$Q.2YH=&UL(B\^#0H@/&\Z1FEL
M92!(4F5F/3-$(E-H965T,3(P+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B
M4VAE970Q,C$N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$R,BYH
M=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T,3(S+FAT;6PB+SX-"B`\
M;SI&:6QE($A2968],T0B4VAE970Q,C0N:'1M;"(O/@T*(#QO.D9I;&4@2%)E
M9CTS1")3:&5E=#$R-2YH=&UL(B\^#0H@/&\Z1FEL92!(4F5F/3-$(E-H965T
M,3(V+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B4VAE970Q,C<N:'1M;"(O
M/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$R."YH=&UL(B\^#0H@/&\Z1FEL
M92!(4F5F/3-$(E-H965T,3(Y+FAT;6PB+SX-"B`\;SI&:6QE($A2968],T0B
M4VAE970Q,S`N:'1M;"(O/@T*(#QO.D9I;&4@2%)E9CTS1")3:&5E=#$S,2YH
M=&UL(B\^#0H\+WAM;#X-"BTM+2TM+3U?3F5X=%!A<G1?,6)E.&8U83-?.6)B
<95\T9#%E7V%A8C1?83DV,S9E965F-#-D+2T-"@``
`
end

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>61
<FILENAME>R43.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EKH">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Derivative Instruments (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCreditDerivativesTextBlock', window );">Credit Derivatives Sold</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:17.25pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='22' rowspan='1' style='width:443.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:443.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2014</font></td></tr><tr style='height:12.75pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='17' rowspan='1' style='width:327.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:44.25pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:16.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.6 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,914</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >246</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >968</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >193</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,160</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,481</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(244)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16.7 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,935</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >970</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,044</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,914</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >363</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,903</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,163</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,182</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13,525</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(240)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(246)</font></td></tr><tr style='height:4.5pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;text-align:left;border-color:Black;min-width:39pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' ></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:16.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:434.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' > As of December 31, 2013</font></td></tr><tr style='height:13.5pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:52.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2.6 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,406</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,972</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,068</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,552</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,956</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >23,954</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,132)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18.5 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >77</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,282</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,586</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,945</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >All others</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28.0 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(15)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,406</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,049</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,350</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,138</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,992</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28,935</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(78)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,069)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,152)</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock', window );">Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,481</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(244)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,044</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,450</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(248)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >437</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >241</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15,839</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(537)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:center;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23,954</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,132)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,945</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,495</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >496</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >99</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >280</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31,316</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,347)</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock', window );">Effect Of Derivative Instruments On Consolidated Statements Of Operations</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net Gain</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Loss)</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recognized</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Income</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >888</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(413)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(78)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >11</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >15</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >6</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(31)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >398</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net Gain</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Loss)</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recognized</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Income</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1,725</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(1,545)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >65</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >17</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >10</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >52</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >325</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net Gain</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Loss)</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recognized</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Income</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1,847</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(406)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Non-insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Non-insured credit default swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(75)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >55</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >22</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >11</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1,445</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCreditDerivativesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of credit derivatives which includes information by sellers of credit derivatives, about each credit derivative, or each group of similar credit derivatives, including (a) the nature of the credit derivative - its term, how it arose, the events or circumstances that would require the seller to perform under the credit derivative, and the current status of the payment/performance risk of the credit derivative; (b) the maximum potential amount of future payments (undiscounted) the seller could be required to make under the credit derivative; (c) the current fair value of the credit derivative; and (d) the nature of any recourse provisions under the credit derivative, and any assets held either as collateral or by third parties. A credit derivative is a derivative instrument (1) in which one or more of its underlyings are related to the credit risk of a specified entity (or a group of entities) or an index based on the credit risk of a group of entities and (2) that exposes the seller to potential loss from credit-risk-related events specified in the contract. Examples of credit derivatives within the scope of this paragraph include, but are not limited to, credit default swaps, credit spread options, and credit index products; also includes a hybrid instrument that has an embedded credit derivative (for example, but not limited to, a credit-linked note).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Credit Derivative<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6854095<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5708775-113959<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5708773-113959<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4L<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5708777-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DisclosureOfCreditDerivativesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4A<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5618551-113959<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4C<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624171-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624163-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>62
<FILENAME>R29.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Related Party Transactions<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsDisclosureTextBlock', window );">Related Party Transactions</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 20: Related Party Transactions</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Related parties are defined as the following:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Affiliates of the Company: An affiliate is a party that directly or indirectly controls, is controlled by or is under common control with the Company. Control is defined as having, either </font><font style='font-family:Times New Roman;font-size:10pt;' >directly or indirectly, the power to direct the management and operating policies of a company through ownership, by contract or otherwise.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Entities for which investments are accounted for using the equity method by the Company.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Trusts for the benefit of e</font><font style='font-family:Times New Roman;font-size:10pt;' >mployees, such as pension and profit sharing trusts that are managed by or under the trusteeship of management.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Principal owners of the Company defined as owners of record or known beneficial owners of more than 10% of the voting interests of the Company.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Management of the Company which includes persons who are responsible for achieving the objectives of the Company and who have the authority to establish policies and make decisions by which those objectives are to be pursued. Management normally includes m</font><font style='font-family:Times New Roman;font-size:10pt;' >embers of the Board of Directors, the </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >hief Executive </font><font style='font-family:Times New Roman;font-size:10pt;' >Officer</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > Chief Operating Officer, Vice President in charge of principal business functions and other persons who perform similar policymaking functions.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Members of the immediate families of principal owners of the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >and its management. This includes family members whom a principal owner or a member of management might control or influence or by whom they may be controlled or influenced because of the family relationship.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Other parties with which the Company may deal i</font><font style='font-family:Times New Roman;font-size:10pt;' >f one party controls or can significantly influence the management or policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Other parties that can significantly influence t</font><font style='font-family:Times New Roman;font-size:10pt;' >he management or policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to the extent that one or more of the transacting parties might be prevented from fully purs</font><font style='font-family:Times New Roman;font-size:10pt;' >uing its own separate interests.</font></li></ul><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Since 1989, MBIA Corp. has executed five surety bonds to guarantee the payment obligations of the members of the Municipal Bond Insurance Association (the &#8220;Association&#8221;), a voluntary unincorporated association of insurers w</font><font style='font-family:Times New Roman;font-size:10pt;' >riting municipal bond and note insurance as agents for the member insurance companies that had their S&amp;P claims-paying rating downgraded from AAA on their previously issued Association policies. In the event that the Association does not meet their policy </font><font style='font-family:Times New Roman;font-size:10pt;' >payment obligations, MBIA Corp. will pay the required amounts directly to the paying agent. The aggregate outstanding exposure on these surety bonds as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >340</font><font style='font-family:Times New Roman;font-size:10pt;' > million.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA, through its subsidiaries, is responsible for providing i</font><font style='font-family:Times New Roman;font-size:10pt;' >nvestment advisory and certain related administrative services to the Managed Duration Investment Grade Municipal Fund (&#8220;the Fund&#8221;). MBIA earned investment management, accounting, administration and service fees related to the Fund, net of underwriting fee</font><font style='font-family:Times New Roman;font-size:10pt;' >s paid to a third party, and are included in &#8220;Fees and reimbursements&#8221; in the Company&#8217;s consolidated statements of operations. These amounts were not significant for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2013, pursuan</font><font style='font-family:Times New Roman;font-size:10pt;' >t to the anti-dilution provisions of warrants issued by MBIA to Warburg Pincus, the terms of the warrants issued to Warburg Pincus in 2008 were amended, which resulted in a decrease in the exercise price and an increase in the aggregate number of shares of</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA common stock to be issued upon exercise. In addition, under the agreement, Warburg Pincus has certain gross up rights that are triggered in connection with the offering by the Company of any equity securities. As such, MBIA issued Warburg Pincus a fi</font><font style='font-family:Times New Roman;font-size:10pt;' >ve-year warrant to purchase 1.91 million shares of MBIA common stock at an exercise price of $9.59 per share. Refer to &#8220;Note 18: Common and Preferred Stock&#8221; for information about Warburg Pincus&#8217; warrants. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of December 31, 2014 and 2013, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company had </font><font style='font-family:Times New Roman;font-size:10pt;' >no loans outstanding to any executive officers or director</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39622-107864<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39603-107864<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39549-107864<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph b<br><br> -Article 3A<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(k))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph k<br><br> -Article 4<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39691-107864<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 850<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6457730&amp;loc=d3e39678-107864<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>63
<FILENAME>R28.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Accumulated Other Comprehensive Income<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNoteTextBlock', window );">Accumulated Other Comprehensive Income [Text Block]</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 19: Accumulated Other Comprehensive Income </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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ll</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ab</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >changes in the c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ponents of AOCI </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Gains (Losses)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >on AFS</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Foreign Currency</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities, Net</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Translation, Net</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, January 1, 2012</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(163)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(176)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >162</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >206</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >232</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2012</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(126)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(139)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(142)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2013</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(96)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(86)</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:3.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(27)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:239.25pt;text-align:left;border-color:Black;min-width:239.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2014</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr></table></div><div><p style='text-align:left;line-height:12pt;' ></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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ll</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ab</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >details of the reclassifications from AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amounts Reclassified from AOCI</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:3pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:22.5pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >Details about AOCI Components</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Affected Line Item on the Consolidated
Statements of Operations</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on AFS securities:</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:21.75pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gain (loss) on sale of securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 23</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value
     and foreign exchange </font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  </font></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Amortization on securities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (104)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment income </font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (21)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 18</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (108)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (8)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (38)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (13)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 11</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (70)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td></tr><tr style='height:3pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Foreign currency translation:</font></td><td style='width:6.75pt;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ></td></tr><tr style='height:21.75pt;' ><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:142.5pt;text-align:left;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gain (loss) on liquidation of
    foreign entity</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:6.75pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:8.25pt;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:8.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 5</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value
     and foreign exchange</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total reclassifications for the period</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (70)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:198pt;text-align:left;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNoteTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e681-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669619-108580<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 17<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e716-108580<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e709-108580<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Reclassification Adjustments<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6522872<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNoteTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>64
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E4UAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Income Taxes and Shareholders' Equity) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current taxes:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentFederalTaxExpenseBenefit', window );">Federal</a></td>
        <td class="nump"><a title="us-gaap_CurrentFederalTaxExpenseBenefit" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentFederalTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_CurrentFederalTaxExpenseBenefit" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentFederalTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_CurrentFederalTaxExpenseBenefit" onclick="toggleNextSibling(this);">$ 3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentFederalTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentStateAndLocalTaxExpenseBenefit', window );">State</a></td>
        <td class="nump"><a title="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentStateAndLocalTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentStateAndLocalTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentStateAndLocalTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentForeignTaxExpenseBenefit', window );">Foreign</a></td>
        <td class="nump"><a title="us-gaap_CurrentForeignTaxExpenseBenefit" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentForeignTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_CurrentForeignTaxExpenseBenefit" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentForeignTaxExpenseBenefit</span><span></span></td>
        <td class="num"><a title="us-gaap_CurrentForeignTaxExpenseBenefit" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CurrentForeignTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred taxes:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredFederalIncomeTaxExpenseBenefit', window );">Federal</a></td>
        <td class="nump"><a title="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredFederalIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">165</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredFederalIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">350</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredFederalIncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit', window );">State</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredForeignIncomeTaxExpenseBenefit', window );">Foreign</a></td>
        <td class="nump"><a title="us-gaap_DeferredForeignIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredForeignIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="num"><a title="us-gaap_DeferredForeignIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredForeignIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredForeignIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredForeignIncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">364</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract', window );"><strong>Income tax effects allocated directly to equity [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInUnrealizedGainLossOnInvestments', window );">Change in unrealized gains and losses on AFS securities</a></td>
        <td class="nump"><a title="mbi_ChangeInUnrealizedGainLossOnInvestments" onclick="toggleNextSibling(this);">89</a><span style="display:none;white-space:normal;text-align:left;">mbi_ChangeInUnrealizedGainLossOnInvestments</span><span></span></td>
        <td class="num"><a title="mbi_ChangeInUnrealizedGainLossOnInvestments" onclick="toggleNextSibling(this);">(81)</a><span style="display:none;white-space:normal;text-align:left;">mbi_ChangeInUnrealizedGainLossOnInvestments</span><span></span></td>
        <td class="nump"><a title="mbi_ChangeInUnrealizedGainLossOnInvestments" onclick="toggleNextSibling(this);">86</a><span style="display:none;white-space:normal;text-align:left;">mbi_ChangeInUnrealizedGainLossOnInvestments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent', window );">Change in AFS securities with OTTI</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax', window );">Change in foreign currency translation</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost', window );">Share-based compensation</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity', window );">Total income taxes charged (credited) to shareholders' equity</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" onclick="toggleNextSibling(this);">(72)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" onclick="toggleNextSibling(this);">133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation', window );">Total effect of income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" onclick="toggleNextSibling(this);">$ 121</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" onclick="toggleNextSibling(this);">$ 94</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" onclick="toggleNextSibling(this);">$ 497</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ChangeInUnrealizedGainLossOnInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in unrealizedGainLossOnInvestments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ChangeInUnrealizedGainLossOnInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentFederalTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Current Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Paragraph Question 1-7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CurrentFederalTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentForeignTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CurrentForeignTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentStateAndLocalTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Current Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CurrentStateAndLocalTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredFederalIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredFederalIncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredForeignIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredForeignIncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the tax effects of all items occurring during the period that have been charged or credited directly to other comprehensive income or to related components of shareholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32672-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e39076-109324<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -Subparagraph (d),(e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e38679-109324<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of income tax expense or benefit for the period that has been allocated among continuing operations, discontinued operations, extraordinary items, other comprehensive income, and items charged or credited directly to shareholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e38679-109324<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible equity-based compensation costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) of other than temporary impairment loss (OTTI) on investments in available-for-sale and held-to-maturity debt securities, recognized in other comprehensive loss and attributable to parent entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 34D<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=SL6284304-111560<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>65
<FILENAME>R56.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EXJAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance Premiums (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsAbstract', window );"><strong>Insurance Premiums [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 875</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,051</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,228</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate', window );">Weighted average risk-free rate</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" onclick="toggleNextSibling(this);">2.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" onclick="toggleNextSibling(this);">2.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1', window );">Weighted average expected collection term of the premiums receivable, years</a></td>
        <td class="text">9 years 2 months 4 days<span></span></td>
        <td class="text">9 years 2 months 15 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsurancePayable', window );">Reinsurance premiums payable</a></td>
        <td class="nump"><a title="us-gaap_ReinsurancePayable" onclick="toggleNextSibling(this);">$ 56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsurancePayable</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReinsurancePayable" onclick="toggleNextSibling(this);">$ 51</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsurancePayable</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsurancePremiumsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average period over which premium receivable for financial guarantee insurance contracts is collected where premium is received over the contract period, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)(5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the weighted average risk free rate used to discount the premiums expected to be collected for financial guarantee insurance contracts where the premium is to be received over the contract period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.(a),5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsurancePayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount as of the balance sheet date of the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.13(a)(3),(c))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 13<br><br> -Subparagraph a(3)<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReinsurancePayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>66
<FILENAME>R44.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EHCAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Debt (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock', window );">Long-term debt</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td colspan='5' rowspan='1' style='width:102.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.400% Senior Notes due 2022</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.000% Debentures due 2025</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.150% Debentures due 2027</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.625% Debentures due 2028</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.700% Senior Notes due 2034</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >592</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >592</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14% Surplus Notes due 2033</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >278</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >170</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,810</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,702</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Callable on or after August 15, 2006 at 100.00.</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Callable anytime at the greater of 100.00 or the present value of the remaining scheduled</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >          payments of principal and interest.</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock', window );">Aggregate maturity of debt obligations</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Thereafter</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate debt</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14% Surplus Notes due 2033</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total debt obligations due</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,524</font></td></tr><tr style='height:13.5pt;' ><td style='width:135.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >__________</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='22' rowspan='1' style='width:540pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock', window );">Principal payments due under investment agreement obligations</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:13.5pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >455</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >615</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >547</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.</font></td><td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts of $75 million on investment agreements, net of accrued interest of $7 million.</font></td><td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock', window );">Principal payments due under medium-term note obligations based on contractual maturity</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:93pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >102</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,152</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,546</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >345</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,201</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for notes issued at a discount or premium.</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts of $306 million, fair value adjustments of $45 million, net of accrued interest of $6 million.</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock', window );">Maturity of VIE notes, by segment</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >471</font></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >336</font></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >346</font></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >321</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >299</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,031</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,804</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' > (1)</font></sup></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td colspan='5' rowspan='1' style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Expected principal payments due under investment agreements [Table Text Block].</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule of maturity of variable interest entities notes, by segment [Table Text Block].</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule of principal payments due under medium-term note obligations based on contractual maturity [Table Text Block].</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 30<br><br> -Section 55<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584090&amp;loc=d3e28878-108400<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(e),(f))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6451184&amp;loc=d3e28551-108399<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6451184&amp;loc=d3e28541-108399<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21506-112644<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21521-112644<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21538-112644<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 470<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6479336&amp;loc=d3e64711-112823<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfDebtInstrumentsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>67
<FILENAME>R30.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Commitments and Contingencies<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock', window );">Commitments and Contingencies</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 21: Commitments and Contingencies</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA has received subpoenas or informal inquiries from a variety of regulators, regarding a variety of subjects. MBIA has cooperated fully with each of these regulators and has or is in the process of satisfying all such requests. MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >may receive additional inquiries from these or other regulators and expects to provide additional information to such regulators regarding their inquiries in the future.</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;' >On December&#160;14, 2009, MBIA Corp. commenced an action in New York State Supreme Court, </font><font style='font-family:Times New Roman;font-size:10pt;' >New York County, against Credit Suisse. </font><font style='font-family:Times New Roman;font-size:10pt;' >The complaint seeks damages for fraud and breach of contractual obligations in connection with the procurement of financial guarantee insurance on the </font><font style='font-family:Times New Roman;font-size:10pt;' >HEMT</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Series 2007-2 </font><font style='font-family:Times New Roman;font-size:10pt;' >securitization. </font><font style='font-family:Times New Roman;font-size:10pt;' >On January 30, 2013, MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. filed an amended complaint. </font><font style='font-family:Times New Roman;font-size:10pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >amended </font><font style='font-family:Times New Roman;font-size:10pt;' >complaint alleges, among other claims, that Credit Suisse falsely represented</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i)&#160;the attributes of the securitized loans; (ii)&#160;that the loans complied with the governing underwriting guidelines; and (iii)&#160;that Cr</font><font style='font-family:Times New Roman;font-size:10pt;' >edit Suisse had conducted extensive due diligence on and quality control reviews of the securitized loans to ensure compliance with the underwriting guidelines. The complaint further alleges that the defendants breached their contractual obligations to cur</font><font style='font-family:Times New Roman;font-size:10pt;' >e or repurchase loans found to be in breach of the representations and warranties applicable thereto and denied MBIA the requisite access to all records and documents regarding the securitized loans. </font><font style='font-family:Times New Roman;font-size:10pt;' >On August 13, 2014, the court issued an order scheduling</font><font style='font-family:Times New Roman;font-size:10pt;' > expert discovery to run through the middle of 2015. </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;' >On September 14, 2012, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Insurance Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > filed a complaint alleging fraud against </font><font style='font-family:Times New Roman;font-size:10pt;' >J.P. Morgan Securities LLC (f/k/a Bear, Stearns &amp; Co. Inc</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;' > relating to Bear, Stearns &amp; Co. Inc.&#8217;s role as lea</font><font style='font-family:Times New Roman;font-size:10pt;' >d securities underwriter on the GMAC Mortgage Corporation Home Equity Loan Trust 2006-HE4. </font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA filed its amended complaint on September 29, 2014. J.P. Morgan filed its answer to the amended complaint on October 10, 2014.</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;' >On July&#160;23, 2008, the City of Los</font><font style='font-family:Times New Roman;font-size:10pt;' > Angeles filed a complaint in the Superior Court of the State of California, County of Los Angeles, against a number of financial guarantee insurers, including MBIA. At the same time and subsequent</font><font style='font-family:Times New Roman;font-size:10pt;' >ly, additional complaints against MBIA and nearly all of th</font><font style='font-family:Times New Roman;font-size:10pt;' >e same co-defendants were filed by </font><font style='font-family:Times New Roman;font-size:10pt;' >various municipal entities and quasi-municipal entities, mostly in California.</font><font style='font-family:Times New Roman;font-size:10pt;' > These cases are part of a coordination proceeding in Superior Court, San Francisco County, before Judge Richard A. Kramer, referred to as the </font><font style='font-family:Times New Roman;font-size:10pt;' >Ambac Bond Insurance Cases.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >In August </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >2011, </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >plaintiffs filed amended versions of their respective complaints. The claims allege </font><font style='font-family:Times New Roman;font-size:10pt;' >violation of California&#8217;s antitrust laws through maintaining a dual credit rating s</font><font style='font-family:Times New Roman;font-size:10pt;' >cale that misstated the credit default</font><font style='font-family:Times New Roman;font-size:10pt;' > risk of </font><font style='font-family:Times New Roman;font-size:10pt;' >certain </font><font style='font-family:Times New Roman;font-size:10pt;' >issuers</font><font style='font-family:Times New Roman;font-size:10pt;' >, thereby creating </font><font style='font-family:Times New Roman;font-size:10pt;' >market demand for bond insurance. </font><font style='font-family:Times New Roman;font-size:10pt;' >The p</font><font style='font-family:Times New Roman;font-size:10pt;' >laintiffs also allege that the individual bond insurers participated in risky financial transactions in other lines of business that damaged each bond insurer&#8217;s financial condition, and </font><font style='font-family:Times New Roman;font-size:10pt;' >failure to </font><font style='font-family:Times New Roman;font-size:10pt;' >adequately disclose the impact of those transactions on the</font><font style='font-family:Times New Roman;font-size:10pt;' >ir financial condition. </font><font style='font-family:Times New Roman;font-size:10pt;' >The plaintiffs also </font><font style='font-family:Times New Roman;font-size:10pt;' >assert common law claims of breach of contract and fraud. The non-municipal plaintiffs also allege a California unfair competition cause of action. </font><font style='font-family:Times New Roman;font-size:10pt;' >An appeal of the dismissal of the plaintiff&#8217;s anti</font><font style='font-family:Times New Roman;font-size:10pt;' >trust claim </font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >nder California&#8217;s Cartwright Act</font><font style='font-family:Times New Roman;font-size:10pt;' > is pending</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >An appeal is also pending of the </font><font style='font-family:Times New Roman;font-size:10pt;' >March 26, 2014</font><font style='font-family:Times New Roman;font-size:10pt;' > decision granting in part the </font><font style='font-family:Times New Roman;font-size:10pt;' >Bond Insurer defendants</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217; motions for reimbursement of legal fees incurred in connection with the motion to strike pursuant to Califor</font><font style='font-family:Times New Roman;font-size:10pt;' >nia&#8217;s Anti-</font><font style='font-family:Times New Roman;font-size:10pt;' >SLAPP</font><font style='font-family:Times New Roman;font-size:10pt;' > statu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On July&#160;23, 2008, the City of Los Angeles filed a </font><font style='font-family:Times New Roman;font-size:10pt;' >complaint in the Superior Court, County of Los Angeles, naming as defendants MBIA and other financial institutions, and alleging fraud and violations of California&#8217;s ant</font><font style='font-family:Times New Roman;font-size:10pt;' >itrust laws through bid-rigging in the sale of </font><font style='font-family:Times New Roman;font-size:10pt;' >guaranteed</font><font style='font-family:Times New Roman;font-size:10pt;' > investment contracts and what plaintiffs call &#8220;municipal derivatives&#8221; to municipal bond issuers. The case was removed to federal court and transferred by order dated November&#160;26, 2008 to the Souther</font><font style='font-family:Times New Roman;font-size:10pt;' >n District of New York for inclusion in the multidistrict litigation</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > Municipal Derivatives Antitrust Litigation, M.D.L. No.&#160;1950. Complaints making the same allegations against MBIA and nearly all of the same co-defendants were then, or subsequently, file</font><font style='font-family:Times New Roman;font-size:10pt;' >d by </font><font style='font-family:Times New Roman;font-size:10pt;' >municipal entities and quasi-municipal entities, mostly in California, </font><font style='font-family:Times New Roman;font-size:10pt;' >and three not-for-profit retirement community operators. These cases have all been added to the multidistrict litigation. </font><font style='font-family:Times New Roman;font-size:10pt;' >The p</font><font style='font-family:Times New Roman;font-size:10pt;' >laintiffs in all of the cases assert federal and eith</font><font style='font-family:Times New Roman;font-size:10pt;' >er California</font><font style='font-family:Times New Roman;font-size:10pt;' >, West Virginia </font><font style='font-family:Times New Roman;font-size:10pt;' >or New York state antitrust claims. As of May&#160;31, 2011, MBIA has answered all of the existing complaints.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National and Assured Guaranty Municipal Corp. commenced an adversary proceeding against the City of Detroit and certain </font><font style='font-family:Times New Roman;font-size:10pt;' >individuals employees/managers in the City of Detroit&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >hapter 9 case. The amended complaint s</font><font style='font-family:Times New Roman;font-size:10pt;' >ought</font><font style='font-family:Times New Roman;font-size:10pt;' > a declaratory judgment that the City of Detroit and its employees comply with Michigan law in the collection, segregation and use of ad valorem tax procee</font><font style='font-family:Times New Roman;font-size:10pt;' >ds pledged to repay several series of unlimited tax general obligation bonds as well as declaratory relief with respect to National&#8217;s and Assured Guaranty Municipal Corp.&#8217;s rights and interests in the ad valorem tax proceeds. In April of 2014, National rea</font><font style='font-family:Times New Roman;font-size:10pt;' >ched a settlement with the City of Detroit regarding its enhanced Unlimited Tax General Obligation bonds, which was approved when the City of Detroit&#8217;s Eighth Amended Plan went effective on December 10, 2014.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On January 30, 2013, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Insurance Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > and National filed a petition in Texas state court seeking an order requiring the</font><font style='font-family:Times New Roman;font-size:10pt;' > Harris County-Houston </font><font style='font-family:Times New Roman;font-size:10pt;' >Sports Authority to impose higher taxes as well as damages for other alleged breaches of contract. On December 30, 2014, the litigation was resolved i</font><font style='font-family:Times New Roman;font-size:10pt;' >n connection with a refinancing transaction.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company is defending against the aforementioned actions in which it is a defendant and expects ultimately to prevail on the merits. There is no assurance, however, that the Company will prevail in these acti</font><font style='font-family:Times New Roman;font-size:10pt;' >ons. Adverse rulings in these actions could have a material adverse effect on the Company&#8217;s ability to implement its strategy and on its business, results of operations, cash flows and financial condition. At this stage of the litigation, there has not bee</font><font style='font-family:Times New Roman;font-size:10pt;' >n a determination as to the amount, if any, of damages. Accordingly, the Company is not able to estimate any amount of loss or range of loss.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >There are no other material lawsuits pending or, to the knowledge of the Company, threatened, to which the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > or any of its subsidiaries is a part</font><font style='font-family:Times New Roman;font-size:10pt;' >y.</font></p><p style='text-align:justify;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:inherit;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Headquarters Lease Agreement</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In September of 2014, the Company moved its headquarters to Purchase, New York, for which the Company had previously entered into a lease agreement as part of the Company&#8217;s cost reduction</font><font style='font-family:Times New Roman;font-size:10pt;' > measures that included the plan to sell the Armonk, New York facility. The initial lease term expires in 2030 with the option to terminate the lease in 2025 upon the payment of a termination amount. At the end of the initial lease term, the Company has th</font><font style='font-family:Times New Roman;font-size:10pt;' >e option to extend the term of the lease for two additional terms of five years at a fixed annual rent based on the fair market rent at the time of any extension. The total future minimum lease payments over the initial lease term are $</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' > million. The Comp</font><font style='font-family:Times New Roman;font-size:10pt;' >any received a lease incentive amount of $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million from the property owner to fund certain leasehold improvements. The total future minimum lease payments include annual rent escalation amounts and a free rent period and exclude the lease incentive amount</font><font style='font-family:Times New Roman;font-size:10pt;' >. The lease agreement has been classified as an operating lease, and operating rent expense has been recognized on a straight-line basis since the second quarter of 2014.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for commitments and contingencies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.25)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6449706&amp;loc=d3e16207-108621<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 460<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6398077&amp;loc=d3e12565-110249<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 450<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25496072&amp;loc=d3e14435-108349<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 440<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6394976&amp;loc=d3e25287-109308<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>68
<FILENAME>R31.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Subsequent Events<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfSubsequentEventsTextBlock', window );">Subsequent Events</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 22: Subsequent Events</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;' >Re</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 21: Commitments and Contingencies</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >eed</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >cc</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfSubsequentEventsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, declines in market prices of inventory, changes in authorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 855<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6842918&amp;loc=SL6314017-165662<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfSubsequentEventsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>69
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EIH">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation', window );">Share-based compensation, net of tax of $7; $4 and $2</a></td>
        <td class="nump"><a title="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" onclick="toggleNextSibling(this);">$ 2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" onclick="toggleNextSibling(this);">$ 4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" onclick="toggleNextSibling(this);">$ 7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase in additional paid in capital (APIC) resulting from a tax benefit associated with share-based compensation plan other than an employee stock ownership plan (ESOP). Includes, but is not limited to, excess tax benefit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 740<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6419406&amp;loc=d3e23524-113945<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>70
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule I- Investments<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract', window );"><strong>Summary of Investments, Other than Investments in Related Parties [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock', window );">Schedule I - Summary Of Investments, Other Than Investments In Related Parties</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE I</font></td></tr><tr style='height:18pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. AND SUBSIDIARIES</font></td></tr><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SUMMARY OF INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES</font></td></tr><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td colspan='8' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount at</font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >which shown</font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:251.25pt;text-align:left;border-color:Black;min-width:251.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' ></td><td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' ></td><td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in the</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:299.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Type of investment</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:19.5pt;text-align:center;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >balance sheet</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Available-for-sale:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >446</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >482</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >482</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,613</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,699</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,699</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >223</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >230</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >230</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,434</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,386</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,386</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,111</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,122</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,122</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;border-color:Black;min-width:53.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >84</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >184</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total long-term available-for-sale</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,162</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,225</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,225</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Short-term available-for-sale</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,335</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,333</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,333</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equity available-for-sale</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total available-for-sale</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,509</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,571</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,571</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments at fair value</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >256</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >255</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >255</font></td></tr><tr style='height:12.75pt;' ><td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td></tr><tr style='height:13.5pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total investments</font></td><td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,769</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,830</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,830</font></td></tr><tr style='height:21pt;' ><td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated variable interest entities:</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments at fair value</font></td><td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >298</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >421</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >421</font></td></tr><tr style='height:13.5pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Held-to-maturity:</font></td><td style='width:19.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='4' rowspan='1' style='width:294.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,757</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,632</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:53.25pt;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,757</font></td></tr><tr style='height:13.5pt;' ><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:270.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:270.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total investments of consolidated variable interest entities</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,055</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,053</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,178</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 15<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 7<br><br> -Subparagraph (SX 210.12-15)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611379-123010<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>71
<FILENAME>R83.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EMOBI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">$ 6,509</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">$ 6,824</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities" onclick="toggleNextSibling(this);">6,571</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities" onclick="toggleNextSibling(this);">6,692</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember', window );">&gt; 5% To 15% [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMinimum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">5.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMinimum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMaximum', window );">Percentage Of Fair Value Below Book Value Maximum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMaximum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">15.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMaximum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember', window );">&gt; 5% To 15% [Member] | Unrealized loss position &gt; 12 months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">58</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFivePercentToFifteenPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember', window );">&gt; 15% To 25% [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMinimum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">15.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMinimum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMaximum', window );">Percentage Of Fair Value Below Book Value Maximum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMaximum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMaximum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember', window );">&gt; 15% To 25% [Member] | Unrealized loss position &gt; 12 months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">61</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember', window );">&gt; 25% To 50% [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMinimum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMinimum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMaximum', window );">Percentage Of Fair Value Below Book Value Maximum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMaximum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">50.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMaximum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember', window );">&gt; 25% To 50% [Member] | Unrealized loss position &gt; 12 months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">575</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember]" onclick="toggleNextSibling(this);">373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember', window );">&gt; 50% [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
        <td class="nump"><a title="mbi_PercentageOfFairValueBelowBookValueMinimum[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">50.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFairValueBelowBookValueMinimum<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember', window );">&gt; 50% [Member] | Unrealized loss position &gt; 12 months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">129</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_GreaterThanFiftyPercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember', window );">Greater Than 5% [Member] | Unrealized loss position &gt; 12 months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">266</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">575</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember]" onclick="toggleNextSibling(this);">$ 373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_FairValueBelowBookValueGreaterThanFivePercentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFairValueBelowBookValueMaximum">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Fair Value Below Book Value Maximum</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfFairValueBelowBookValueMaximum</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFairValueBelowBookValueMinimum">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Fair Value Below Book Value Minimum</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfFairValueBelowBookValueMinimum</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of investment positions in available-for-sale investments in a continuous unrealized loss position for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (b)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure regarding factors used to determine that the impairment of securities categorized as held-to-maturity where cost exceeds fair value is not an other than temporary impairment (OTTI). This item contains disclosure of the number of investment positions in the held-to-maturity investments determined to be temporarily impaired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (b)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:decimalItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>72
<FILENAME>R114.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EOVCI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Long-term Incentive Plans (Narrative) (Detail) (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage', window );">ISO and NQSO granted price at fair value of common stock, percentage</a></td>
        <td class="nump"><a title="mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod', window );">Options expired or canceled</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" onclick="toggleNextSibling(this);">767,406</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" onclick="toggleNextSibling(this);">2,247,862</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" onclick="toggleNextSibling(this);">461,805</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Stock option awards exercised</a></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" onclick="toggleNextSibling(this);">400,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of Options, Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">2,548,000.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">3,715,406.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">5,963,268.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">6,425,073.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember', window );">Omnibus Plan [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized', window );">Total number of shares of common stock reserved and available for issuance</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized[us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember]" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized<br>/ us-gaap_AwardTypeAxis<br>= mbi_OmnibusPlanMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance', window );">Shareholder approved increase in common stock reserved and available for issuance</a></td>
        <td class="nump"><a title="us-gaap_CommonStockCapitalSharesReservedForFutureIssuance[us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember]" onclick="toggleNextSibling(this);">14,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockCapitalSharesReservedForFutureIssuance<br>/ us-gaap_AwardTypeAxis<br>= mbi_OmnibusPlanMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan', window );">Shares issued under Omnibus Plan in connection with stock options, count</a></td>
        <td class="nump"><a title="mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan[us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan<br>/ us-gaap_AwardTypeAxis<br>= mbi_OmnibusPlanMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant', window );">Shares/units available for future grants</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant[us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember]" onclick="toggleNextSibling(this);">6,056,168</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant<br>/ us-gaap_AwardTypeAxis<br>= mbi_OmnibusPlanMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember', window );">Omnibus Plan [Member] | After May 1, 2012 Amendment [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan', window );">Shares issued under Omnibus Plan in connection with other than stock options, count</a></td>
        <td class="nump"><a title="mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan[us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember;us-gaap_StatementScenarioAxis=mbi_AfterAmendmentMember]" onclick="toggleNextSibling(this);">1.28</a><span style="display:none;white-space:normal;text-align:left;">mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan<br>/ us-gaap_AwardTypeAxis<br>= mbi_OmnibusPlanMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_AfterAmendmentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember', window );">Omnibus Plan [Member] | Prior To May 1, 2012 Amendment [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan', window );">Shares issued under Omnibus Plan in connection with other than stock options, count</a></td>
        <td class="nump"><a title="mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan[us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember;us-gaap_StatementScenarioAxis=mbi_PriorToAmendmentMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan<br>/ us-gaap_AwardTypeAxis<br>= mbi_OmnibusPlanMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_PriorToAmendmentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Granted</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">3,263,472</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">449,931</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">2,689,542</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod', window );">Forfeited</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">123,120</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">2,968,530</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">180,665</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross', window );">Stock issued during period, value, restricted stock award, gross</a></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);"> 39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);"> 6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures', window );">Stock issued during period, value, restricted stock award, forfeitures</a></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllocatedShareBasedCompensationExpense', window );">Share-based compensation expense (benefit)</a></td>
        <td class="nump"><a title="us-gaap_AllocatedShareBasedCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AllocatedShareBasedCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AllocatedShareBasedCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AllocatedShareBasedCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AllocatedShareBasedCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AllocatedShareBasedCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense', window );">Tax benefit related to restricted share awards</a></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized', window );">Unrecognized compensation cost</a></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">35</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1', window );">Expected to be recognized as expense over a weighted average period, years</a></td>
        <td class="text">1 year 9 months 29 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Other than options outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">6,358,826</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">3,832,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">7,320,110</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">4,881,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
        <td class="text">3 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
        <td class="text">5 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_RestrictedShareUnitMember', window );">Restricted Share Unit [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized', window );">Total number of shares of common stock reserved and available for issuance</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized[us-gaap_AwardTypeAxis=mbi_RestrictedShareUnitMember]" onclick="toggleNextSibling(this);">350,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized<br>/ us-gaap_AwardTypeAxis<br>= mbi_RestrictedShareUnitMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod', window );">Forfeited</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=mbi_RestrictedShareUnitMember]" onclick="toggleNextSibling(this);">38,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= mbi_RestrictedShareUnitMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
        <td class="text">5 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Other than options outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=mbi_RestrictedShareUnitMember]" onclick="toggleNextSibling(this);">185,312</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= mbi_RestrictedShareUnitMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember', window );">Employee Stock Option [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllocatedShareBasedCompensationExpense', window );">Share-based compensation expense (benefit)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_AllocatedShareBasedCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AllocatedShareBasedCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_EmployeeStockOptionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AllocatedShareBasedCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AllocatedShareBasedCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_EmployeeStockOptionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense', window );">Tax benefit related to restricted share awards</a></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember]" onclick="toggleNextSibling(this);"> 4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_EmployeeStockOptionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember]" onclick="toggleNextSibling(this);"> 5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_EmployeeStockOptionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense[us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember]" onclick="toggleNextSibling(this);"> 6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_EmployeeStockOptionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember', window );">Employee Stock Option [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod', window );">Long-term incentive awards expiration period, years</a></td>
        <td class="text">7 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
        <td class="text">4 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember', window );">Employee Stock Option [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod', window );">Long-term incentive awards expiration period, years</a></td>
        <td class="text">10 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
        <td class="text">5 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_PerformanceBasedAwardsMember', window );">Performance Based Awards [Member] | Key Employees [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Granted</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=mbi_PerformanceBasedAwardsMember;us-gaap_TitleOfIndividualAxis=mbi_KeyEmployeesMember]" onclick="toggleNextSibling(this);">3,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= mbi_PerformanceBasedAwardsMember<br>/ us-gaap_TitleOfIndividualAxis<br>= mbi_KeyEmployeesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=mbi_PerformanceBasedAwardsMember;us-gaap_TitleOfIndividualAxis=mbi_KeyEmployeesMember]" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= mbi_PerformanceBasedAwardsMember<br>/ us-gaap_TitleOfIndividualAxis<br>= mbi_KeyEmployeesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Incentive Stock Options And Non-Qualified Stock Options Granted Price At Fair Value Of Common Stock, Percentage</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Shares issued under other than stock options plan counted in long-term incentive plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Shares issued under stock options plan counted in long-term incentive plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllocatedShareBasedCompensationExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 14.F)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27013229&amp;loc=d3e301413-122809<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (h)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 14<br><br> -Section F<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AllocatedShareBasedCompensationExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate number of common shares reserved for future issuance.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockCapitalSharesReservedForFutureIssuance</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Unrecognized cost of unvested share-based compensation awards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total recognized tax benefit related to compensation cost for equity-based payment arrangements recognized in income during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (h)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(3)-(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of options outstanding, including both vested and non-vested options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of share options (or share units) exercised during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of stock related to Restricted Stock Awards forfeited during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate value of stock related to Restricted Stock Awards issued during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=mbi_PerformanceBasedAwardsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AwardTypeAxis=mbi_PerformanceBasedAwardsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=mbi_RestrictedShareUnitMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AwardTypeAxis=mbi_RestrictedShareUnitMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>73
<FILENAME>R40.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EYDAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss and Loss Adjustment Expense Reserves (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock', window );">Schedule Of Losses And Loss Adjustment Expenses</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Year Ended December 31, </font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Second-lien RMBS</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(151)</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >First-lien RMBS</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(70)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Losses and LAE expense (benefit)</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes ABS CDOs, CMBS, U.S. public finance and other issues.</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock', window );">Schedule Of Financial Guarantees And Related Claim Liability</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >98</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >315</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.2</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.0</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.0</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.7</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,757</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,372</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,001</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,263</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >696</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >819</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,037</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,620</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,453</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,191</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >201</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,038</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15,883</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >850</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >850</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >860</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >860</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >80</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >167</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >192</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >299</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.0</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.9</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,290</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,073</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,861</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14,264</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,829</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >253</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,526</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,632</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,119</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,326</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12,387</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22,896</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,235</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,235</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,085</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,085</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(55)</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(55)</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >96</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >227</font></td></tr><tr style='height:12pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock', window );">Present Value Of The Probability-Weighted Future Claim Payments And Recoveries</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of</font></td><td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td><td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss reserves (claim liability)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >464</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >580</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >LAE reserves</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss and LAE reserves</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >506</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >641</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insurance claim loss recoverable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(533)</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(694)</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >LAE insurance loss recoverable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insurance loss recoverable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(533)</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(694)</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reinsurance recoverable on unpaid losses</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reinsurance recoverable on unpaid LAE reserves</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:66.75pt;text-align:left;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reinsurance recoverable on paid and unpaid losses</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock', window );">Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Excluding Amounts Related To Consolidated VIE's</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Second-lien RMBS Exposure</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross Undiscounted </font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:209.25pt;text-align:left;border-color:Black;min-width:209.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Claim</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Potential</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In billions</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Interest</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recoveries</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-consolidated VIEs</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated VIEs</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.5</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock', window );">Schedule Of Loss And Loss Adjustment Expenses Reserves</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:354pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2014</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >641</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(157)</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >79</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(35)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(19)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(31)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >506</font></td></tr><tr style='height:12pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:13.5pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of payments.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2013</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >853</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(337)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(92)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >141</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >12</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >53</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >641</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:32.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:54pt;' ></td></tr><tr style='height:13.5pt;' ><td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;border-color:Black;min-width:486.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of payments.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock', window );">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='17' rowspan='1' style='width:291.75pt;text-align:center;border-color:Black;min-width:291.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='17' rowspan='1' style='width:291.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:291.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2014</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:36pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >As of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >As of</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >694</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(108)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(77)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >533</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >206</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(79)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >147</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >900</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(108)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >17</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >33</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(156)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >680</font></td></tr><tr style='height:13.5pt;' ><td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:12pt;' ><td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) Primarily changes in amount and timing of collections.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2013</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:42pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,648</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3,011)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(33)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >126</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(38)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >694</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >332</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(38)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(91)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >206</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,980</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3,011)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(71)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >35</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(41)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >900</font></td></tr><tr style='height:12.75pt;' ><td colspan='6' rowspan='1' style='width:141pt;text-align:left;border-color:Black;min-width:141pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;border-color:Black;min-width:433.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) Primarily changes in amount and timing of collections.</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule Of Company's RMBS Exposure Gross Undiscounted Claim Liability And Potential Recoveries Before The Elimination Of Amounts Related To Consolidated VIE's [Table Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfCompanySRmbsExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeEliminationOfAmountsRelatedToConsolidatedVieSTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule Of Insurance Loss Reserves And Recoverables For Insured Obligations [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule Of Loss And Loss Adjustment Expense Reserve [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule Of Losses And Loss Adjustment Expenses [Table Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of insured financial obligations with credit deterioration related to the claim liability on financial guarantee insurance contracts as of the end of each annual and interim reporting period detailing, at a minimum, the following for each surveillance category or grouping used to track and monitor the entity's insured financial obligations: (1) number of issued and outstanding financial guarantee insurance contracts; (2) remaining weighted average contract period; (3) insured contractual payments outstanding, segregating principal and interest; (4) gross claim liability; (5) gross potential recoveries; (6) net discount of both the claim liability and potential recoveries; (7) net claim liability; (8) reinsurance recoverable; and (9) unearned premium revenue.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 34<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751140-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5), (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>74
<FILENAME>R53.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EBMAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Significant Accounting Policies (Useful Lives Of Each Class Of Assets) (Details) (Weighted Average [Member])<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember', window );">Leasehold Improvements [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property Plant And Equipment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Property Plant And Equipment Useful Life</a></td>
        <td class="text">15 years 0 months 0 days<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember', window );">Furniture And Fixtures [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property Plant And Equipment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Property Plant And Equipment Useful Life</a></td>
        <td class="text">6 years 0 months 0 days<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_ComputerEquipmentMember', window );">Equipment And Software [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property Plant And Equipment [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Property Plant And Equipment Useful Life</a></td>
        <td class="text">4 years 0 months 0 days<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentUsefulLife">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentUsefulLife</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_ComputerEquipmentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_ComputerEquipmentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>75
<FILENAME>R72.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EI1EK">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember', window );">Other Derivative Liabilities [Member] | Discounted cash flow [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_ValuationTechniqueAxis=mbi_DiscountedCashFlowMember]" onclick="toggleNextSibling(this);">$ 24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_DiscountedCashFlowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember', window );">Discounted Cash Flows [Member] | Other Derivative Liabilities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangeDollars', window );">Range dollars</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangeDollars[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangeDollars<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_DiscountedCashFlowsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember', window );">Discounted Cash Flows [Member] | Other Derivative Liabilities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangeDollars', window );">Range dollars</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangeDollars[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember]" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangeDollars<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_DiscountedCashFlowsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember', window );">Discounted Cash Flows [Member] | Other Derivative Liabilities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangeDollars', window );">Range dollars</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangeDollars[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangeDollars<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_DiscountedCashFlowsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities [Member] | BET Model [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ValuationTechniqueAxis=mbi_BETValuationModelMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">224</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_BETValuationModelMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ValuationTechniqueAxis=mbi_BETValuationModelMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1,050</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_BETValuationModelMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Multi Sector C D O [Member] | Direct Price Model [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_ValuationTechniqueAxis=mbi_DirectPriceModelMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_DirectPriceModelMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_ValuationTechniqueAxis=mbi_DirectPriceModelMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_DirectPriceModelMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Other Derivative Liabilities [Member] | BET And Dual Default Valuation Models [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_ValuationTechniqueAxis=mbi_BetanddualdefaultvaluationmodelsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_BetanddualdefaultvaluationmodelsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_ValuationTechniqueAxis=mbi_BetanddualdefaultvaluationmodelsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">85</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_BetanddualdefaultvaluationmodelsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">90.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">90.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">59.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">60.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Other Derivative Liabilities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">42.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">42.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Other Derivative Liabilities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">45.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">90.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Other Derivative Liabilities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">45.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_RecoveryRatesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">45.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_RecoveryRatesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">12.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">8.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">29.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">57.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Multi Sector C D O [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">53.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">57.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Multi Sector C D O [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">53.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">57.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Multi Sector C D O [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">53.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_MultiSectorCDOMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">57.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_MultiSectorCDOMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Other Derivative Liabilities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">41.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">13.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Other Derivative Liabilities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">51.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">54.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Other Derivative Liabilities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">50.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_NonperformanceRiskMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years)</a></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1.3</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1.1</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years)</a></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">3.2</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years)</a></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">2.3</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">3.3</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Other Derivative Liabilities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years)</a></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">0.2</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">0.2</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Other Derivative Liabilities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years)</a></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">7.9</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">8.7</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Other Derivative Liabilities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years)</a></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1.1</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueDisclosureWeightedAverageInYears[invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">2.3</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueDisclosureWeightedAverageInYears<br>/ invest_InvestmentAxis<br>= mbi_OtherDerivativeLiabilitiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_WeightedAverageLifeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities Spreads [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_CommercialMortgageBackedSecuritiesSpreadsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">1.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_CommercialMortgageBackedSecuritiesSpreadsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities Spreads [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">41.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_CommercialMortgageBackedSecuritiesSpreadsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">29.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_CommercialMortgageBackedSecuritiesSpreadsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities Spreads [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">19.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_CommercialMortgageBackedSecuritiesSpreadsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember]" onclick="toggleNextSibling(this);">13.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_CommercialMortgageBackedSecuritiesSpreadsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= mbi_CreditDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Quoted market prices adjusted for financial guarantees provided to VIE obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Fair Value, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_ValuationTechniqueAxis=mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_ValuationTechniqueAxis=mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_QuotedMarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">10.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">17.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">3.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= us-gaap_LoansReceivableMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember', window );">Loan Repurchase Commitments [Member] | Variable Interest Entity Primary Beneficiary [Member] | Discounted cash flow [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Fair Value, assets</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_ValuationTechniqueAxis=mbi_DiscountedCashFlowMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">379</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_DiscountedCashFlowMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember;us-gaap_ValuationTechniqueAxis=mbi_DiscountedCashFlowMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_DiscountedCashFlowMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_ValuationTechniqueAxis=mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 735</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_ValuationTechniqueAxis=mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_ValuationTechniqueAxis<br>= mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_RangeAxis=us-gaap_MinimumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_RangeAxis=us-gaap_MaximumMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Weighted Average [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">16.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FairValueMeasurementRangePercentage[us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember;us-gaap_RangeAxis=us-gaap_WeightedAverageMember;mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">12.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueMeasurementRangePercentage<br>/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis<br>= mbi_VariableInterestEntityNotesMember<br>/ us-gaap_RangeAxis<br>= us-gaap_WeightedAverageMember<br>/ mbi_UnobservableInputAxis<br>= mbi_ImpactOfFinancialGuaranteeMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr>
        <td colspan="4"></td>
      </tr>
      <tr>
        <td colspan="4">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Midpoint of cash flows are used for the weighted average.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueDisclosureWeightedAverageInYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value Disclosure, Weighted Average (In Years)</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueDisclosureWeightedAverageInYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:decimalItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementRangeDollars">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the fair value measurement range dollars of the Company's assets and liabilities measured at fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueMeasurementRangeDollars</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementRangePercentage">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the fair value measurement range percentage of the Company's assets and liabilities measured at fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueMeasurementRangePercentage</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>76
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ENHAI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Consolidated Balance Sheets (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">$ 782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">875</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue" onclick="toggleNextSibling(this);">1,051</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent" onclick="toggleNextSibling(this);">802</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Net deferred tax asset</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet" onclick="toggleNextSibling(this);">1,009</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet" onclick="toggleNextSibling(this);">1,109</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Investments held-to-maturity, at amortized cost (fair value $2,632 and $2,651)</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">16,284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">16,953</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent" onclick="toggleNextSibling(this);">1,810</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent</span><span></span></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent" onclick="toggleNextSibling(this);">1,702</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">246</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">1,200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfAssetsHeldForSale', window );">Liabilities held for sale</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale" onclick="toggleNextSibling(this);">772</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesOfAssetsHeldForSale" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesOfAssetsHeldForSale</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_Liabilities" onclick="toggleNextSibling(this);">12,334</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Liabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_Liabilities" onclick="toggleNextSibling(this);">13,654</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Liabilities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingencies', window );">Commitments and contingencies (See Note 21)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockValue" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockValue" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782 and 277,812,430</a></td>
        <td class="nump"><a title="us-gaap_CommonStockValue" onclick="toggleNextSibling(this);">281</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockValue" onclick="toggleNextSibling(this);">278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital</a></td>
        <td class="nump"><a title="us-gaap_AdditionalPaidInCapital" onclick="toggleNextSibling(this);">3,128</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdditionalPaidInCapital</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdditionalPaidInCapital" onclick="toggleNextSibling(this);">3,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdditionalPaidInCapital</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
        <td class="nump"><a title="us-gaap_RetainedEarningsAccumulatedDeficit" onclick="toggleNextSibling(this);">2,858</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RetainedEarningsAccumulatedDeficit</span><span></span></td>
        <td class="nump"><a title="us-gaap_RetainedEarningsAccumulatedDeficit" onclick="toggleNextSibling(this);">2,289</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RetainedEarningsAccumulatedDeficit</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (loss), net of tax of $7 and $54</a></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost--89,409,887 and 85,562,546 shares</a></td>
        <td class="num"><a title="us-gaap_TreasuryStockValue" onclick="toggleNextSibling(this);">(2,359)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValue</span><span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValue" onclick="toggleNextSibling(this);">(2,318)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValue</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity of MBIA Inc.</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquity" onclick="toggleNextSibling(this);">3,929</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquity</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquity" onclick="toggleNextSibling(this);">3,278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquity</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue', window );">Preferred stock of subsidiary and noncontrolling interest</a></td>
        <td class="nump"><a title="mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue</span><span></span></td>
        <td class="nump"><a title="mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total equity</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" onclick="toggleNextSibling(this);">3,950</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" onclick="toggleNextSibling(this);">3,299</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and equity</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesAndStockholdersEquity" onclick="toggleNextSibling(this);">16,284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesAndStockholdersEquity</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesAndStockholdersEquity" onclick="toggleNextSibling(this);">16,953</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesAndStockholdersEquity</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesNoncurrent', window );">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $5,036 and $5,064) Investments held as available-for-sale, at fair value (amortized cost $0 and $136)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesNoncurrent[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">5,129</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesNoncurrent[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">4,987</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">207</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">204</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral', window );">Investments pledged as collateral, at fair value (amortized cost $441 and $483)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">408</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">424</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesCurrent', window );">Short-term investments held as available-for-sale, at fair value (amortized cost $1,069 and $1,203)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesCurrent[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,069</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesCurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesCurrent[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,204</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesCurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments (includes investments at fair value of $13 and $11)</a></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Total investments</a></td>
        <td class="nump"><a title="us-gaap_Investments[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">6,830</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_Investments[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">6,835</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">729</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,161</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">875</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsReceivableAtCarryingValue[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,051</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsReceivableAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredPolicyAcquisitionCosts', window );">Deferred acquisition costs</a></td>
        <td class="nump"><a title="us-gaap_DeferredPolicyAcquisitionCosts[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">217</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredPolicyAcquisitionCosts<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredPolicyAcquisitionCosts[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">260</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredPolicyAcquisitionCosts<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">533</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">694</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Net deferred tax asset</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,028</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Deferred income taxes, net</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,109</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssets', window );">Other assets</a></td>
        <td class="nump"><a title="us-gaap_OtherAssets[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">229</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssets<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssets[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">222</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssets<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,986</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">2,441</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">506</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements', window );">Investment agreements</a></td>
        <td class="nump"><a title="us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">547</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">700</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes (includes financial instruments carried at fair value of $197 and $203)</a></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,201</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,427</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,810</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,702</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">437</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,152</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
        <td class="nump"><a title="us-gaap_OtherLiabilities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">271</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherLiabilities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">294</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesNoncurrent', window );">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $5,036 and $5,064) Investments held as available-for-sale, at fair value (amortized cost $0 and $136)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesNoncurrent[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesNoncurrent[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">421</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">587</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Cash', window );">Cash</a></td>
        <td class="nump"><a title="us-gaap_Cash[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Cash<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_Cash[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">97</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Cash<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Investments held-to-maturity, at amortized cost (fair value $2,632 and $2,651)</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansReceivableFairValueDisclosure', window );">Loans receivable at fair value</a></td>
        <td class="nump"><a title="us-gaap_LoansReceivableFairValueDisclosure[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LoansReceivableFairValueDisclosure<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LoansReceivableFairValueDisclosure[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,612</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LoansReceivableFairValueDisclosure<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoanRepurchaseCommitments', window );">Loan repurchase commitments</a></td>
        <td class="nump"><a title="mbi_LoanRepurchaseCommitments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">379</a><span style="display:none;white-space:normal;text-align:left;">mbi_LoanRepurchaseCommitments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_LoanRepurchaseCommitments[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">mbi_LoanRepurchaseCommitments<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes (includes financial instruments carried at fair value of $2,047 and $2,356)</a></td>
        <td class="nump"><a title="us-gaap_NotesPayable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">4,804</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NotesPayable[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">5,286</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Payableforloanspurchased', window );">Payable for loans purchased</a></td>
        <td class="nump"><a title="mbi_Payableforloanspurchased[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_Payableforloanspurchased<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_Payableforloanspurchased[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_Payableforloanspurchased<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LoanRepurchaseCommitments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The fair value of financial instruments that represent the right of the Trust against the seller/servicer for loans that were not compliant with the representations and warranties of the loan underwriting. The Trust has the right to demand that the transferor replace ineligible loans with a compliant loan or repurchase the non-compliant loan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LoanRepurchaseCommitments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Payableforloanspurchased">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>As of the balance sheet date, the amount not yet paid for loans purchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_Payableforloanspurchased</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of preferred stock of subsidiary and non-controlling interest in subsidiary.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 14A<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669686-108580<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 11<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 14<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e681-108580<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapital">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.30(a)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AdditionalPaidInCapital</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.18)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 12<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Assets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 25<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesCurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Investments in debt and equity securities which are categorized neither as held-to-maturity nor trading and which are intended to be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Available-for-Sale Securities<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6505594<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The fair value of available-for-sale securities that serve as collateral for borrowings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 310<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 5<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28368275&amp;loc=d3e5086-111524<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of the sum of the obligations to contract holders to provide to them an agreed upon rate of return pursuant to the terms of the underlying contract. These contracts represent lending by the contract holders to the entity in return for a guaranteed (primarily fixed) interest rate until maturity, unless called earlier if the contracts provide that option to the contract holders (usually institutions). There is little or no insurance risk for the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.14)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Cash">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 1<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Cash</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash Equivalents<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 1<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3044-108585<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingencies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 450<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=25496072&amp;loc=d3e14326-108349<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.25)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 25<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 19<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 17<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.(a),19)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommitmentsAndContingencies</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 30<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredPolicyAcquisitionCosts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net amount of deferred policy acquisition costs capitalized on contracts remaining in force as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 16<br><br><br><br> -Article 12<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 825<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6487548&amp;loc=d3e32546-158582<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6481648&amp;loc=d3e11198-158413<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.(a),7)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 7<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredPolicyAcquisitionCosts</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsLiabilitiesNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (b),(c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 825<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 10<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 815<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 5<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41228-113958<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 825<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 15<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13495-108611<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 3<br><br><br><br> -Subparagraph (c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 815<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41271-113958<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 55<br><br><br><br> -Paragraph 10<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226008-175313<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph (f)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 25<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.6)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.1(h))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph h<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Investments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19-26)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Liabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.32)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 25<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 32<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesOfAssetsHeldForSale">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Liability (such as a mortgage) related to a disposal group that is held for sale and anticipated to be sold in less than one year. The liability is expected to be discharged as part of the plan of sale for the asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.15)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 205<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 10<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e1107-107759<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 205<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6360339&amp;loc=d3e1436-107760<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesOfAssetsHeldForSale</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 40<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 3<br><br><br><br> -Subparagraph (a),(b),(c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14764-158437<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LoansReceivableFairValueDisclosure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 310<br><br><br><br> -SubTopic 10<br><br><br><br> -Glossary Loan<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6517073<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LoansReceivableFairValueDisclosure</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 22<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.22)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MediumTermNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Including the current and noncurrent portions, carrying value at the balance sheet date of a financial instrument used to receive debt funding on a regular basis with original maturities ranging from 5-10 years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.22)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.16)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.16(a))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 16<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 20, 22<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MediumTermNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.16)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19, 20, 22<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.16)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 13, 16<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NotesPayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 17<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 10<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssetsHeldForSaleCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The lower of the carrying value or fair value less cost to sell of current assets held for sale that are not elsewhere specified in the taxonomy. The carrying value of major classes of assets and liabilities of the disposal group are separately disclosed in the balance sheet in the specific concepts provided.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 205<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 10<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e1107-107759<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 35<br><br><br><br> -Paragraph 43<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=29634951&amp;loc=d3e1739-110224<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherAssetsHeldForSaleCurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other investments not otherwise specified in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.12)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 12<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph g<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.1(f,g))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate carrying amount, as of the balance sheet date, of liabilities not separately disclosed in the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 15<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.15)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 505<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.3-04)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.28)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.(a),5)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 5<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.31(a)(3))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RetainedEarningsAccumulatedDeficit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 310<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SAB TOPIC 4.E)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Staff Accounting Bulletin (SAB)<br><br><br><br> -Number Topic 4<br><br><br><br> -Section E<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29-31)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29, 30, 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 810<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 15<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 810<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 16<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568740-111683<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 810<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 55<br><br><br><br> -Paragraph 4I<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=31814832&amp;loc=SL4590271-111686<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 320<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-03.4)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Trading Securities<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 505<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnearnedPremiums">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 16<br><br><br><br> -Article 12<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 210<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-03.(a),13(a)(2))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 13<br><br><br><br> -Subparagraph a(2)<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnearnedPremiums</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>77
<FILENAME>R45.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EJCAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock', window );">Income (loss) from operations before provision (benefit) for income taxes</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:102.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:102.75pt;text-align:center;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Domestic</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >574</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >435</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,486</font></td><td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >641</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >416</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,598</font></td><td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock', window );">Income tax expense (benefit) on income (loss) and shareholder' equity</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:33.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Current taxes:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred taxes:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >165</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >350</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >166</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >364</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:18pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income taxes charged (credited) to shareholders&#39; equity related to:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in unrealized gains (losses) on AFS securities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >89</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in AFS securities with OTTI</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(29)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in foreign currency translation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Share-based compensation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total income taxes charged (credited) to shareholders&#39; equity</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(72)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total effect of income taxes</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >94</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >497</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock', window );">Income tax rate reconciliation from statutory to effective tax rate</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:87.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:87.75pt;text-align:center;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal income tax computed at the statutory rate</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Increase (reduction) in taxes resulting from:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-exempt interest</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.5)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.1)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.7)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mark-to-market on warrants</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.6)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.7)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in valuation allowance</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13.5)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12.6)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5.6)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in uncertain tax positions</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9.1)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.1)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State income tax, net of federal benefit</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Out-of-period adjustment</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3.8)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign taxes</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.5)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.8)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.2)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiary</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.4%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.6)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.2)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effective tax rate</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.2%</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39.9%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22.8%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock', window );">Deferred tax assets and liabilities</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='5' rowspan='1' style='width:111.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:52.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax liabilities:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >196</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >220</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferral of cancellation of indebtedness income</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >114</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred acquisition costs</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized gains in accumulated other comprehensive income</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiaries</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax liabilities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >423</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax assets:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Compensation and employee benefits</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss and loss adjustment expense reserves</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net operating loss and tax credit carryforwards</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,150</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >917</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Capital loss carryforward and other-than-temporary impairments</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses on insured derivatives</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >400</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net losses on financial instruments at fair value and foreign exchange</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses in accumulated other comprehensive income</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Alternative minimum tax credit carryforward</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred taxes on VIEs</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax assets</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,432</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,680</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Valuation allowance</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred tax asset</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,009</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,109</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:23.25pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='9' rowspan='1' style='width:487.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:487.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >                                                          </font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock', window );">Change in unrecognized tax benefit</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:360pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of January 1, 2012</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During a prior year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The amounts of decreases in the UTB as a result of the applicable statute of limitations</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(26)</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of December 31, 2012</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During the current year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The amounts of decreases in the UTB related to settlements with taxing authorities</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of December 31, 2013</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During a prior year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(61)</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During the current year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The amounts of decreases in the UTB related to settlements with taxing authorities</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The reduction in the UTB as a result of the applicable statute of limitations</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of December 31, 2014</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of income before income tax between domestic and foreign jurisdictions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the change in unrecognized tax benefits.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 217<br><br> -URI http://asc.fasb.org/extlink&amp;oid=32707879&amp;loc=d3e36027-109320<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>78
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EGCBG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount" onclick="toggleNextSibling(this);">$ 592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount" onclick="toggleNextSibling(this);">$ 592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember', window );">Investment Agreement Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2015</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2016</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2017</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2018</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2019</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">455</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">615</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest', window );">Less discount and other adjustments</a></td>
        <td class="nump"><a title="mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">68</a><span style="display:none;white-space:normal;text-align:left;">mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">547</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentUnamortizedDiscount', window );">Less unamortized discount</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentUnamortizedDiscount[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">75</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentUnamortizedDiscount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2015</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">102</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2016</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">119</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2017</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2018</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2019</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">61</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">1,152</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">1,546</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest', window );">Less discount and other adjustments</a></td>
        <td class="nump"><a title="mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">345</a><span style="display:none;white-space:normal;text-align:left;">mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">1,201</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentUnamortizedDiscount', window );">Less unamortized discount</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentUnamortizedDiscount[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">306</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentUnamortizedDiscount<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentFairValueAdjustment', window );">Fair value adjustments</a></td>
        <td class="nump"><a title="mbi_DebtInstrumentFairValueAdjustment[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">45</a><span style="display:none;white-space:normal;text-align:left;">mbi_DebtInstrumentFairValueAdjustment<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember', window );">Variable Interest Entity Debt [Member] | International And Structured Finance Insurance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2015</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">471</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2016</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">336</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2017</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">346</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2018</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">321</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2019</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">299</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">3,031</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">4,804</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFairValue', window );">Net fair value</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentFairValue[us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">$ 2,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentFairValue<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_VariableInterestEntityDebtMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="4"></td>
      </tr>
      <tr>
        <td colspan="4">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Amounts reflect principal due at maturity for presented in investment agreements issued at a discount.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Amounts reflect principal due at maturity for notes issued at a discount or premium.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[3]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentFairValueAdjustment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value adjustment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DebtInstrumentFairValueAdjustment</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Discounts net of fair value adjustments and accrued interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of the sum of the obligations to contract holders to provide to them an agreed upon rate of return pursuant to the terms of the underlying contract. These contracts represent lending by the contract holders to the entity in return for a guaranteed (primarily fixed) interest rate until maturity, unless called earlier if the contracts provide that option to the contract holders (usually institutions). There is little or no insurance risk for the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 16<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13476-108611<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentUnamortizedDiscount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6451184&amp;loc=d3e28541-108399<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 30<br><br> -Section 55<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6584090&amp;loc=d3e28878-108400<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentUnamortizedDiscount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPayableCurrentAndNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of interest payable on debt, including, but not limited to, trade payables.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.15(5))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.15(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph a<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph 5<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestPayableCurrentAndNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>79
<FILENAME>R113.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EJ2AG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Pension And Profit Sharing Plans (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount', window );">Maximum annual compensation subject to pension</a></td>
        <td class="nump"><a title="mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" onclick="toggleNextSibling(this);">$ 1.5</a><span style="display:none;white-space:normal;text-align:left;">mbi_AnnualCompensationMaximumPensionPerEmployeeAmount</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember', window );">Defined contribution pension [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent', window );">Contribution percentage of eligible employees compensation</a></td>
        <td class="nump"><a title="us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">10.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears', window );">Vested after two years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">20.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears', window );">Vested after three years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">60.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears', window );">Vested after four years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">80.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears', window );">Vested after five years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= us-gaap_DefinedContributionPensionMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember', window );">Qualified profit-sharing/401(k) [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent', window );">Contribution percentage of eligible employees compensation</a></td>
        <td class="nump"><a title="us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears', window );">Vested after two years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">20.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears', window );">Vested after three years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">60.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears', window );">Vested after four years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">80.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears', window );">Vested after five years</a></td>
        <td class="nump"><a title="mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch', window );">Contributions percentage of employer match</a></td>
        <td class="nump"><a title="us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">5.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_QualifiedProfitSharingMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember', window );">Non-qualified pension [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_NonqualifiedPensionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_NonqualifiedPensionMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_NonqualifiedPensionMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember', window );">Non-qualified profit-sharing/401(k) [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_NonqualifiedProfitSharingMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_NonqualifiedProfitSharingMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PensionExpense[us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PensionExpense<br>/ us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis<br>= mbi_NonqualifiedProfitSharingMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum annual compensation per employee subject to pension contribution.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AnnualCompensationMaximumPensionPerEmployeeAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of pension benefits vested due after five years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of pension benefits vested due after four years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of pension benefits vested due after three years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of pension benefits vested due after two years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanDisclosureLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DefinedBenefitPlanDisclosureLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage employer matches of the employee's percentage contribution matched.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum percentage of employee gross pay the employee may contribute to a defined contribution plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PensionExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of pension benefit costs recognized during the period for (1) defined benefit plans and (2) defined contribution plans. For defined benefit plans, pension expense includes the following components: service cost, interest cost, expected return on plan assets, gain (loss) on plan assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. For defined contribution plans, the pension expense generally equals the firm's contribution to employees' accounts (if the firm contributes) during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 70<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6414718&amp;loc=d3e28014-114942<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28361610&amp;loc=d3e1928-114920<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (h)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28361610&amp;loc=d3e1928-114920<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PensionExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_DefinedContributionPensionMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>80
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EYLAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Consolidated Statement Of Comprehensive Income (Loss) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract', window );"><strong>Statement of Comprehensive Income (Loss)</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract', window );"><strong>Unrealized gains (losses) on available-for-sale securities: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax', window );">Unrealized gains (losses) arising during the period</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" onclick="toggleNextSibling(this);">254</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" onclick="toggleNextSibling(this);">(213)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" onclick="toggleNextSibling(this);">176</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" onclick="toggleNextSibling(this);">(76)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">171</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">(137)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">104</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract', window );"><strong>Available-for-sale securities with other-than-temporary impairments: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax', window );">Other-than-temporary impairments and unrealized gains (losses) arising during the period</a></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" onclick="toggleNextSibling(this);">(85)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax', window );">Total</a></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" onclick="toggleNextSibling(this);">(54)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</span><span></span></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</span><span></span></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</span><span></span></td>
        <td class="num"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</span><span></span></td>
        <td class="nump"><a title="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" onclick="toggleNextSibling(this);">45</a><span style="display:none;white-space:normal;text-align:left;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract', window );"><strong>Foreign currency translation: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax', window );">Foreign currency translation gains (losses)</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" onclick="toggleNextSibling(this);">(40)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax', window );">Total</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">(27)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax" onclick="toggleNextSibling(this);">$ 676</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax" onclick="toggleNextSibling(this);">$ 108</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_ComprehensiveIncomeNetOfTax" onclick="toggleNextSibling(this);">$ 1,466</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ComprehensiveIncomeNetOfTax</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16317811<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e557-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32022-110900<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32583-110901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 18<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32157-110900<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a-c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32022-110900<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -Section 35<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6939497&amp;loc=d3e30304-110892<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit), before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e709-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e709-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 20<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32211-110900<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 21<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6915805&amp;loc=d3e32262-110900<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569643-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e689-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e640-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (e,f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>81
<FILENAME>R94.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ERKAI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Debt (Long-Term Debt) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
        <th class="th" colspan="2"></th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Jan. 16, 2008</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount" onclick="toggleNextSibling(this);">$ 592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount" onclick="toggleNextSibling(this);">$ 592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SurplusNotes', window );">Surplus notes outstanding</a></td>
        <td class="nump"><a title="us-gaap_SurplusNotes" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SurplusNotes</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_SurplusNotes" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SurplusNotes</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_SurplusNotes" onclick="toggleNextSibling(this);">1,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SurplusNotes</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent" onclick="toggleNextSibling(this);">1,810</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent" onclick="toggleNextSibling(this);">1,702</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember', window );">6.400% Senior Notes Due 2022 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember]" onclick="toggleNextSibling(this);">266</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember]" onclick="toggleNextSibling(this);">266</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember]" onclick="toggleNextSibling(this);">6.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
        <td class="text">2022<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCallDateEarliest', window );">Initial Callable date</a></td>
        <td class="text">Aug. 15,  2006<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember', window );">7.000% Debentures Due 2025 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember]" onclick="toggleNextSibling(this);">7.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
        <td class="text">2025<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember', window );">7.150% Debentures Due 2027 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember]" onclick="toggleNextSibling(this);">100</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember]" onclick="toggleNextSibling(this);">100</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember]" onclick="toggleNextSibling(this);">7.15%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
        <td class="text">2027<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember', window );">6.625% Debentures Due 2028 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember]" onclick="toggleNextSibling(this);">141</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember]" onclick="toggleNextSibling(this);">141</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember]" onclick="toggleNextSibling(this);">6.625%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
        <td class="text">2028<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember', window );">5.700% Senior Notes Due 2034 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount[us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember]" onclick="toggleNextSibling(this);">5.70%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
        <td class="text">2034<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember', window );">14% Surplus Notes Due 2033 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">170</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">14.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
        <td class="text">2033<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentCallDateForFirstFifthAnniversary', window );">Callable date for fifth anniversary of initial callable date</a></td>
        <td class="text">2018-01-15<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember', window );">MBIA Inc Senior Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember]" onclick="toggleNextSibling(this);">$ 8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_MbiaIncSeniorNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember]" onclick="toggleNextSibling(this);">$ 8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_MbiaIncSeniorNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="6"></td>
      </tr>
      <tr>
        <td colspan="6">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Callable on or after August 15, 2006 at 100.00.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[3]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Callable anytime at the greater of 100.00 or the present value of the remaining scheduled  payments of principal and interest.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentCallDateForFirstFifthAnniversary">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Debt instrument, call date for first fifth anniversary.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DebtInstrumentCallDateForFirstFifthAnniversary</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>invest:dateStringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentMaturityYear">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Debt instrument maturity year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DebtInstrumentMaturityYear</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:gYearItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCallDateEarliest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Earliest date before maturity when the issuer can call the outstanding debt instrument for repayment or conversion to equity, in CCYY-MM-DD format.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 470<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6479336&amp;loc=d3e64711-112823<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentCallDateEarliest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:dateItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 16<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentage">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Contractual interest rate for funds borrowed, under the debt agreement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22(a)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentage</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPayableCurrentAndNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of interest payable on debt, including, but not limited to, trade payables.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.15(5))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.15(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph a<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph 5<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestPayableCurrentAndNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SurplusNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Financial instruments issued by insurance entities (surplus notes) that are includable in surplus for statutory accounting purposes as prescribed or permitted by state laws and regulations that are liabilities of the issuer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 470<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486086&amp;loc=d3e24387-158525<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SurplusNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>82
<FILENAME>R59.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EWZBI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ended, March 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">$ 58</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ended, June 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">57</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ended, September 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ended, December 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2016, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">204</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2017, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">187</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2018, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">168</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2019, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">155</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2024, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">599</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2029, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">362</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ended, December 31, 2034 and thereafter, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">323</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" onclick="toggleNextSibling(this);">2,222</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember]" onclick="toggleNextSibling(this);">1,986</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | March Thirty One Two Thousand Fifeteen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_MarchThirtyOneTwoThousandFifteenMember]" onclick="toggleNextSibling(this);">1,934</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_MarchThirtyOneTwoThousandFifteenMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | June Thirty Two Thousand Fifeteen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_JuneThirtyTwoThousandFifeteenMember]" onclick="toggleNextSibling(this);">1,883</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_JuneThirtyTwoThousandFifeteenMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | September Thirty Two Thousand Fifeteen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_SeptemberThirtyTwoThousandFifeteenMember]" onclick="toggleNextSibling(this);">1,834</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_SeptemberThirtyTwoThousandFifeteenMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Fifeteen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandFifeteenMember]" onclick="toggleNextSibling(this);">1,786</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandFifeteenMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Sixteen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandSixteenrMember]" onclick="toggleNextSibling(this);">1,603</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandSixteenrMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Seventeen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandSeventeenMember]" onclick="toggleNextSibling(this);">1,436</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandSeventeenMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Eighteen [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandEighteenMember]" onclick="toggleNextSibling(this);">1,286</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandEighteenMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty Nineteen [Member] [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember]" onclick="toggleNextSibling(this);">1,148</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandTwentyNineteenMemberMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty Four [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyFourMember]" onclick="toggleNextSibling(this);">613</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandTwentyFourMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty Nine[Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyNineMember]" onclick="toggleNextSibling(this);">288</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandTwentyNineMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Thirty Four And Thereafter [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
        <td class="nump"><a title="us-gaap_UnearnedPremiums[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember;us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnearnedPremiums<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UnearnedPremiumRevenueMember<br>/ us-gaap_StatementScenarioAxis<br>= mbi_DecemberThirtyOneTwoThousandThirtyFourAndThereafterMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember', window );">Upfront [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ended, March 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ended, June 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ended, September 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ended, December 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">27</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2016, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">102</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2017, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">93</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2018, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">85</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2019, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2024, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">294</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2029, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">171</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ended, December 31, 2034 and thereafter, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">146</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember]" onclick="toggleNextSibling(this);">1,083</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_UpfrontMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember', window );">Installments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ended, March 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ended, June 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ended, September 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ended, December 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2016, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">81</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2017, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">74</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2018, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2019, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2024, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">241</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2029, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">154</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ended, December 31, 2034 and thereafter, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">142</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember]" onclick="toggleNextSibling(this);">903</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_InstallmentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember', window );">Accretion [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ended, March 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ended, June 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ended, September 30, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ended, December 31, 2015, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2016, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2017, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2018, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2019, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2024, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">64</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ended, December 31, 2029, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">37</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ended, December 31, 2034 and thereafter, Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">35</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized[us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember]" onclick="toggleNextSibling(this);">$ 236</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized<br>/ us-gaap_DeferredRevenueArrangementTypeAxis<br>= mbi_AccretionMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the eleventh through fifteenth year following the statement of financial position reporting date</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixteenth year and thereafter following the statement of financial position reporting date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixth through tenth year following the statement of financial position reporting date</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsurancePremiumsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of unearned premium revenue under contracts issued by an insurance entity that provide protection to the holder of a financial obligation from a financial loss in the event of a default.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the next fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the fourth fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the second fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the third fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the second fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the fourth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the third fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnearnedPremiums">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 16<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.(a),13(a)(2))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 13<br><br> -Subparagraph a(2)<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnearnedPremiums</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>83
<FILENAME>R99.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E4AAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Income before Income Taxes) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 416</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 1,598</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember', window );">Domestic [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember]" onclick="toggleNextSibling(this);">574</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ mbi_IncomeBeforeIncomeTaxesAxis<br>= mbi_DomesticMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember]" onclick="toggleNextSibling(this);">435</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ mbi_IncomeBeforeIncomeTaxesAxis<br>= mbi_DomesticMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember]" onclick="toggleNextSibling(this);">1,486</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ mbi_IncomeBeforeIncomeTaxesAxis<br>= mbi_DomesticMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember', window );">Foreign [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember]" onclick="toggleNextSibling(this);">$ 67</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ mbi_IncomeBeforeIncomeTaxesAxis<br>= mbi_ForeignMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember]" onclick="toggleNextSibling(this);">$ (19)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ mbi_IncomeBeforeIncomeTaxesAxis<br>= mbi_ForeignMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember]" onclick="toggleNextSibling(this);">$ 112</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ mbi_IncomeBeforeIncomeTaxesAxis<br>= mbi_ForeignMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>84
<FILENAME>R35.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E5EAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Significant Accounting Policies (Policies)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock', window );">Basis of Presentation</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Basis of Presentation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements have been prepared </font><font style='font-family:Times New Roman;font-size:10pt;' >in accordance with accounting principles generally accepted in the United States of America (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >GAAP</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. The preparation of financial statements in </font><font style='font-family:Times New Roman;font-size:10pt;' >conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of </font><font style='font-family:Times New Roman;font-size:10pt;' >revenues and expenses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >ertain amounts have been reclassified in prior years&#8217; financial statements to conform to the current presentation. These reclassifications had no impact on total revenues, expenses, assets, liabilities, or shareholders&#8217; equity for all periods presented.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationPolicyTextBlock', window );">Consolidation</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >nsolidation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company has a controlling financial interest. All intercompany balances and transactions have been elimin</font><font style='font-family:Times New Roman;font-size:10pt;' >ated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a </font><font style='font-family:Times New Roman;font-size:10pt;' >variable interest entity (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Voting interest entities are entities in which (i)&#160;the total </font><font style='font-family:Times New Roman;font-size:10pt;' >equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&#160;the equity holders have the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity&#8217;s a</font><font style='font-family:Times New Roman;font-size:10pt;' >ctivities. Voting interest entities are consolidated when the Company has a majority voting interest.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIEs are entities that lack one or more of the characteristics of a voting interest entity. The consolidation of a VIE is required if an entity has a vari</font><font style='font-family:Times New Roman;font-size:10pt;' >able interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest or interests give it a controlling financial interest in the VIE. A controlling financial inte</font><font style='font-family:Times New Roman;font-size:10pt;' >rest is present when an enterprise has both (a)&#160;the power to direct the activities of a VIE that most significantly impact the entity&#8217;s economic performance and (b)&#160;the obligation to absorb losses or the right to receive benefits of the VIE that could pote</font><font style='font-family:Times New Roman;font-size:10pt;' >ntially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. The Company consolidates all VIEs in which it is the primary beneficiary. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 4: Variable Interest Entities</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; f</font><font style='font-family:Times New Roman;font-size:10pt;' >or additional information.</font><font style='font-family:Times New Roman;font-size:10pt;' > T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company elected to apply the fair value option to all financial assets and </font><font style='font-family:Times New Roman;font-size:10pt;' >financial </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities of certain consolidated VIEs on a VIE-by-VIE basis.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentPolicyTextBlock', window );">Investments</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Investments</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company classifies its investments as </font><font style='font-family:Times New Roman;font-size:10pt;' >available-for-sale (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >AFS&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, held-to-maturity</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;HTM&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, or trading. A</font><font style='font-family:Times New Roman;font-size:10pt;' >FS</font><font style='font-family:Times New Roman;font-size:10pt;' > investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net of applicable deferred income taxes, reflected in accumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;AOCI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >in shareholders&#8217; equity. Investments </font><font style='font-family:Times New Roman;font-size:10pt;' >carried at fair value are reported in the consolidated balance sheet </font><font style='font-family:Times New Roman;font-size:10pt;' >at fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes </font><font style='font-family:Times New Roman;font-size:10pt;' >in fair value and realized gains and losses from the sale of these securities are reflected in earnings as part of</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; Investments carried at fair value are classified </font><font style='font-family:Times New Roman;font-size:10pt;' >as trading </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >consist of debt securities held in portfolios that are actively managed and are subject to frequent buying an</font><font style='font-family:Times New Roman;font-size:10pt;' >d selling.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Short-term investments </font><font style='font-family:Times New Roman;font-size:10pt;' >held as AFS </font><font style='font-family:Times New Roman;font-size:10pt;' >include all fixed-maturity securities with a remaining effective term to maturity of less than one year, commercial paper and money market securities.</font><font style='font-family:Times New Roman;font-size:10pt;' > HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > investments are reported in the consolidated balance sh</font><font style='font-family:Times New Roman;font-size:10pt;' >eets at amortized cost. </font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >ebt securities </font><font style='font-family:Times New Roman;font-size:10pt;' >are classified as HTM investments when </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company has the ability and intent to hold such investments to maturity.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Investment income is recorded as earned.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Bond discounts and premiums are amortized using the effecti</font><font style='font-family:Times New Roman;font-size:10pt;' >ve yield method over the remaining term of the securities</font><font style='font-family:Times New Roman;font-size:10pt;' > and reported in &#8220;Net investment income.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > For </font><font style='font-family:Times New Roman;font-size:10pt;' >mortgage-backed securities (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >MBS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and ABS</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > discounts and premiums are </font><font style='font-family:Times New Roman;font-size:10pt;' >amortized using the </font><font style='font-family:Times New Roman;font-size:10pt;' >retrospective </font><font style='font-family:Times New Roman;font-size:10pt;' >method</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other-Than-Temporary Impairments on Investment Securities</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated statements of operations reflect the full impairment (the difference between a security&#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the ex</font><font style='font-family:Times New Roman;font-size:10pt;' >pected recovery of the amortized cost basis. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss componen</font><font style='font-family:Times New Roman;font-size:10pt;' >t of the impairment is recognized in earnings. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, the remaining fair value loss is recognized in </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of applicable deferred income taxes.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > securities for which the fair value is less than amortized cost are r</font><font style='font-family:Times New Roman;font-size:10pt;' >eviewed no less than quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several</font><font style='font-family:Times New Roman;font-size:10pt;' > factors, including but not limited to (a)&#160;the magnitude and duration of the decline, (b)&#160;credit indicators and&#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in cred</font><font style='font-family:Times New Roman;font-size:10pt;' >it spreads, and the financial condition of the issuer, and (c)&#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for ABS and CDOs are assessed using discounted cash flow mo</font><font style='font-family:Times New Roman;font-size:10pt;' >deling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock', window );">Cash, Cash Equivalents and Collateral</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Cash, Cash Equivalents and Collateral</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Cash and cash equivalents include cash on hand</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >demand deposits</font><font style='font-family:Times New Roman;font-size:10pt;' >, and deposits </font><font style='font-family:Times New Roman;font-size:10pt;' >with</font><font style='font-family:Times New Roman;font-size:10pt;' > banks with original maturities of less than 90 days.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy', window );">Deferred Policy Acquisition Costs</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Acquisition Costs</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company capitalizes and defers </font><font style='font-family:Times New Roman;font-size:10pt;' >acquisition costs </font><font style='font-family:Times New Roman;font-size:10pt;' >that are directly related to the successful acquisition of new or renewal insurance business. A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs are costs to acquir</font><font style='font-family:Times New Roman;font-size:10pt;' >e an insurance contract which result directly from and is essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs include compensation of employees involv</font><font style='font-family:Times New Roman;font-size:10pt;' >ed in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs also include ceding commissions paid by the Company in conne</font><font style='font-family:Times New Roman;font-size:10pt;' >ction with assuming business from other financial guarantors. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related premiums</font><font style='font-family:Times New Roman;font-size:10pt;' > are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock', window );">Property and Equipment</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Property and Equipment</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Property and equipment consists of </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >and, buildings, leasehold improvements, furniture, fixtures and equipment and software</font><font style='font-family:Times New Roman;font-size:10pt;' > owned by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >. All property and equipment </font><font style='font-family:Times New Roman;font-size:10pt;' >held for use </font><font style='font-family:Times New Roman;font-size:10pt;' >is recorded at cost and, except for land, is depreciated over the appropriate useful life of the asset using the straight-line method. Leasehold improvements are amortized over the useful life of the imp</font><font style='font-family:Times New Roman;font-size:10pt;' >rovement or the remaining term of the lease, whichever is shorter. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s balance sheet </font><font style='font-family:Times New Roman;font-size:10pt;' >and any gain or loss on disposition is recognized </font><font style='font-family:Times New Roman;font-size:10pt;' >in earnings</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as a component of &#8220;Other net realized gains (losses).&#8221; Maintenance and repairs are charged to current earnings as incurred.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Property, leasehold improvements and equipment are tested for potential impairment whenever events or changes in circumstances sugg</font><font style='font-family:Times New Roman;font-size:10pt;' >est that an asset&#8217;s or asset group&#8217;s carrying value may not be fully recoverable. An impairment loss, calculated as the difference between the estimated fair value and the carrying value of an asset or asset group, is recognized if the sum of the expected </font><font style='font-family:Times New Roman;font-size:10pt;' >undiscounted cash flows relating to the asset or asset group is less than the corresponding carrying value.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s estimated remaining weighted average </font><font style='font-family:Times New Roman;font-size:10pt;' >useful lives of each class of assets </font><font style='font-family:Times New Roman;font-size:10pt;' >held for use as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > are</font><font style='font-family:Times New Roman;font-size:10pt;' > as follows:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Leasehold improvements</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Furniture and fixtures</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equipment and software</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativesPolicyTextBlock', window );">Derivatives</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Derivatives</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA has entered into derivative transactions as a</font><font style='font-family:Times New Roman;font-size:10pt;' >n a</font><font style='font-family:Times New Roman;font-size:10pt;' >lternative </font><font style='font-family:Times New Roman;font-size:10pt;' >form of financial guarantee and for purposes of </font><font style='font-family:Times New Roman;font-size:10pt;' >managing</font><font style='font-family:Times New Roman;font-size:10pt;' > risks associated with existing assets and liabilities. All derivative instruments are re</font><font style='font-family:Times New Roman;font-size:10pt;' >ported</font><font style='font-family:Times New Roman;font-size:10pt;' > at fair value on the </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheet</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > as either assets or liabilities depending on the rights or obligations under the contract, </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes in fair value are </font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' >ported </font><font style='font-family:Times New Roman;font-size:10pt;' >in the </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >statements of operations as </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;N</font><font style='font-family:Times New Roman;font-size:10pt;' >et gains (losses) on financial instruments at fa</font><font style='font-family:Times New Roman;font-size:10pt;' >ir value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;Unrealized gains (losses) on </font><font style='font-family:Times New Roman;font-size:10pt;' >insured derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > depending on the nature of the derivative.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company elected to record at fair value certain financial instruments that contained an embedded derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >that </font><font style='font-family:Times New Roman;font-size:10pt;' >requir</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > bi</font><font style='font-family:Times New Roman;font-size:10pt;' >furcation</font><font style='font-family:Times New Roman;font-size:10pt;' > from the host contract and to be accounted for separately as a derivative instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >. These </font><font style='font-family:Times New Roman;font-size:10pt;' >hybrid financial </font><font style='font-family:Times New Roman;font-size:10pt;' >instruments included certain </font><font style='font-family:Times New Roman;font-size:10pt;' >medium-term notes (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and certain </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >elected to fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >these </font><font style='font-family:Times New Roman;font-size:10pt;' >hybrid </font><font style='font-family:Times New Roman;font-size:10pt;' >financ</font><font style='font-family:Times New Roman;font-size:10pt;' >ial </font><font style='font-family:Times New Roman;font-size:10pt;' >instruments </font><font style='font-family:Times New Roman;font-size:10pt;' >given the complexity of bifurcating the embedded derivatives.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion of the Company&#8217;s use of derivatives and their impact on the Company&#8217;s consolidated financial statements and &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; fo</font><font style='font-family:Times New Roman;font-size:10pt;' >r derivative valuation techniques and fair value disclosures.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativesOffsettingFairValueAmountsPolicy', window );">Offsetting of Fair Value Amounts Related to Derivative Instruments</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Offsetting of Fair Value Amounts Related to Derivative Instruments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company present</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > the fair value amounts recognized for eligible derivative contracts executed with the same counterparty on</font><font style='font-family:Times New Roman;font-size:10pt;' > a net basis in the consolidated balance sheets. Accrued receivables and accrued payables which meet the offsetting criteria are netted separately from the derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >amounts</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;O</font><font style='font-family:Times New Roman;font-size:10pt;' >ther assets</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; or &#8220;O</font><font style='font-family:Times New Roman;font-size:10pt;' >ther liabilities.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > Cash collateral is offset </font><font style='font-family:Times New Roman;font-size:10pt;' >against amounts recognized as derivative liabilities </font><font style='font-family:Times New Roman;font-size:10pt;' >and the related accrued interest </font><font style='font-family:Times New Roman;font-size:10pt;' >for eligible derivative contracts. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for the impact of </font><font style='font-family:Times New Roman;font-size:10pt;' >offsetting</font><font style='font-family:Times New Roman;font-size:10pt;' > eligible derivative contracts executed with the same counterparty on the conso</font><font style='font-family:Times New Roman;font-size:10pt;' >lidated balance sheets.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementPolicyPolicyTextBlock', window );">Fair Value Measurements - Definition and Hierarchy</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Fair Value Measurements&#8212;Definition and Hierarchy</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In determining fair value, the Company uses various valuation approaches, including both market and income approaches. The accounting guidance for fair value measurement establishes a</font><font style='font-family:Times New Roman;font-size:10pt;' > hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Co</font><font style='font-family:Times New Roman;font-size:10pt;' >mpany believes that market participants would use in pricing the asset or liability developed based on market data. Unobservable inputs are those that reflect the Company&#8217;s beliefs about the assumptions market participants would use in pricing the asset or</font><font style='font-family:Times New Roman;font-size:10pt;' > liability developed based on the best information available. The hierarchy is broken down into three levels based on the observability and reliability of inputs as follows:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 1&#8212;Valuations based on quoted prices in active markets for identical assets o</font><font style='font-family:Times New Roman;font-size:10pt;' >r liabilities that the Company has the ability to access. Assets utilizing Level 1 inputs generally include U.S. Treasuries, foreign government bonds, money market securities and certain corporate obligations that are highly liquid and actively traded.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 2&#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that are traded less frequently than excha</font><font style='font-family:Times New Roman;font-size:10pt;' >nge-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by obser</font><font style='font-family:Times New Roman;font-size:10pt;' >vable market data. </font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 3&#8212;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose va</font><font style='font-family:Times New Roman;font-size:10pt;' >lue is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. </font></li></ul><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The level of activity in a market c</font><font style='font-family:Times New Roman;font-size:10pt;' >ontributes to the determination of whether an input is observable. An active market is one in which transactions for an asset or liability occurs with sufficient frequency and volume to provide pricing information on an ongoing basis. In determining whethe</font><font style='font-family:Times New Roman;font-size:10pt;' >r a market is active or inactive, the Company considers the following traits to be indicative of an active market:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >transactions are frequent and observable;</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >prices in the market are current;</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >price quotes among dealers do</font><font style='font-family:Times New Roman;font-size:10pt;' > not vary significantly over time; and</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >sufficient information relevant to valuation is publicly available.</font></li></ul><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The availability of observable inputs can vary from product to product and period to period and is affected by a wide variety of factors, including, </font><font style='font-family:Times New Roman;font-size:10pt;' >the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the m</font><font style='font-family:Times New Roman;font-size:10pt;' >arket, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair valu</font><font style='font-family:Times New Roman;font-size:10pt;' >e may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is s</font><font style='font-family:Times New Roman;font-size:10pt;' >ignificant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Fair value is a market-based measure considered from the perspective of a market participant rather than an entity-specific measure. Therefore, even when market assumptions are not readily available</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s own assumptions are set to reflect those that it believes market participants would use in pricing the asset or liability at the measurement date. The Company uses prices and inputs that are current as of the measurement date, including dur</font><font style='font-family:Times New Roman;font-size:10pt;' >ing periods of market dislocation. In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition could cause an instrument to be reclassified from Level 1 to Level 2 or </font><font style='font-family:Times New Roman;font-size:10pt;' >from </font><font style='font-family:Times New Roman;font-size:10pt;' >Level 2 to Level 3.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company has also taken into account its own nonperformance risk and that of its counterparties when measuring fair value.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional fair value disclosures.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy', window );">Loss and Loss Adjustment Expenses</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Loss and Loss Adjustment Expenses</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes loss rese</font><font style='font-family:Times New Roman;font-size:10pt;' >rves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve </font><font style='font-family:Times New Roman;font-size:10pt;' >is subsequently remeas</font><font style='font-family:Times New Roman;font-size:10pt;' >ured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >are recognized as </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense in the period of change. Measurem</font><font style='font-family:Times New Roman;font-size:10pt;' >ent and recognition of </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on information available as of the meas</font><font style='font-family:Times New Roman;font-size:10pt;' >urement date, including market information. Accretion of the discount on a </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve </font><font style='font-family:Times New Roman;font-size:10pt;' >is included in </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows present valued at applicable risk</font><font style='font-family:Times New Roman;font-size:10pt;' >-free rates as of the measurement date. Such amounts are reported within &#8220;Insurance loss recoverable&#8221; on the Company&#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >previous to a claim payment</font><font style='font-family:Times New Roman;font-size:10pt;' >, such recoveries are reclassified to &#8220;Insurance loss recoverable&#8221; upon payment of the related claim and remeasured each reporting period.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >, insurance loss recoverable, and accruals for </font><font style='font-family:Times New Roman;font-size:10pt;' >loss adjustment expense (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >LAE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > incurred are</font><font style='font-family:Times New Roman;font-size:10pt;' > disclosed in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtPolicyTextBlock', window );">Debt</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Investment Agreements and Medium-Term Notes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investment agreements and MTNs are carried at </font><font style='font-family:Times New Roman;font-size:10pt;' >the principal amount outstanding plus accrued interest and net of any unamortized premiums or discounts or at fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value</font><font style='font-family:Times New Roman;font-size:10pt;' > for certain MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >. Interest expense is accrued at the contractual interest rate. Premiums and discounts related to investment agreements and MTNs are amortized </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported as interest expense based </font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >the effective</font><font style='font-family:Times New Roman;font-size:10pt;' > yield </font><font style='font-family:Times New Roman;font-size:10pt;' >method</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Long-term Debt</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Long-term debt is carried at</font><font style='font-family:Times New Roman;font-size:10pt;' > the principal amount outstanding plus accrued interest and net of any unamortized discounts.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsurancePremiumsRevenueRecognitionPolicy', window );">Financial Guarantee Insurance Premiums</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Financial Guarantee Insurance Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Unearned Premium Revenue and Receivable for Future Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes a liability for unearned premium revenue</font><font style='font-family:Times New Roman;font-size:10pt;' > at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contract is measured at the present value of the premium due. For most financial guarantee i</font><font style='font-family:Times New Roman;font-size:10pt;' >nsurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certain other financial guarantee contracts, the Company receives premiums in installments</font><font style='font-family:Times New Roman;font-size:10pt;' > over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at the present value of premiums expected to be collected over the contract period or exp</font><font style='font-family:Times New Roman;font-size:10pt;' >ected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums for contracts where (a)&#160;the insured obligation is contractually prepayable, (b)&#160;prep</font><font style='font-family:Times New Roman;font-size:10pt;' >ayments are probable, (c)&#160;the amount and timing of prepayments are reasonably estimable, and (d)&#160;a homogenous pool of assets is the underlying collateral for the insured obligation. The Company has determined that substantially all of its installment contr</font><font style='font-family:Times New Roman;font-size:10pt;' >acts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Company reports the accretion of the discount on installment premiums receivable as premi</font><font style='font-family:Times New Roman;font-size:10pt;' >um revenue and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adjusts the receivable for uncollectible amounts and recognizes any write-off as operati</font><font style='font-family:Times New Roman;font-size:10pt;' >ng expense, and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Premium Revenue Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes and measures premium revenue over the period of </font><font style='font-family:Times New Roman;font-size:10pt;' >the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstanding in a given period to recognize a proportionate share of the premium received or e</font><font style='font-family:Times New Roman;font-size:10pt;' >xpected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of (a)&#160;the present value of premium received or expected to be received over the perio</font><font style='font-family:Times New Roman;font-size:10pt;' >d of the contract to (b)&#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >An issuer of an insured financial obligation may retire the obligation prior to its scheduled maturity through refinancing or le</font><font style='font-family:Times New Roman;font-size:10pt;' >gal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&#8217;s obligation being extinguished under the financial guarantee contract. The Company recognizes any remaining unearned premium revenue on the insured o</font><font style='font-family:Times New Roman;font-size:10pt;' >bligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Non-refundable commitment fees are considered insurance premiums and are initially recorded under unearned prem</font><font style='font-family:Times New Roman;font-size:10pt;' >ium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium written and earned using the constant rate method. If the commitment agreement expi</font><font style='font-family:Times New Roman;font-size:10pt;' >res before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueRecognitionPolicyTextBlock', window );">Fee and Reimbursement Revenue Recognition</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Fee and Reimbursement Revenue Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company collects insurance related fees for services</font><font style='font-family:Times New Roman;font-size:10pt;' > performed in connection with certain transactions. In addition, the Company may be entitled to reimbursement of third-party insurance expenses that it incurs in connection with certain transactions. Depending upon the type of fee received and whether it i</font><font style='font-family:Times New Roman;font-size:10pt;' >s related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and consent, termination, administrative and management fees are earned when the related services a</font><font style='font-family:Times New Roman;font-size:10pt;' >re completed and the fee is received. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Fees related to investment management services are recognized in earnings over the period that the related services are provided. Asset management fees are typically based on the net asset values of assets under manag</font><font style='font-family:Times New Roman;font-size:10pt;' >ement.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy', window );">Stock-Based Compensation</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Stock-Based Compensation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provided. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 16: Long-term Incentive Plans</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion regarding the methodology utilized in recogniz</font><font style='font-family:Times New Roman;font-size:10pt;' >ing employee stock compensation expense.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock', window );">Foreign Currency Translation</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Foreign Currency Translation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial statement assets and liabilities denominated in foreign currencies are translated into U.S. dollars generally using rates of exchange prevailing </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >the balance sheet date. O</font><font style='font-family:Times New Roman;font-size:10pt;' >perating results are translated at average rates of exchange prevailing during the year. Unrealized gains or losses, net of deferred taxes, resulting from translation of the financial statements of a non-U.S. operation, when the functional currency is othe</font><font style='font-family:Times New Roman;font-size:10pt;' >r than the U.S. dollar, are included in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > in shareholders&#8217; equity. Foreign currency remeasurement gains and losses resulting from transactions in non-functional currencies are recorded in earnings. Exchange gai</font><font style='font-family:Times New Roman;font-size:10pt;' >ns and losses resulting from foreign currency transactions are recorded in earnings.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Income Taxes</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;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;' >Income Taxes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Deferred income taxes are recorded with respect to loss carryforwards and temporary differences between the tax bases of assets and liabilities and the report</font><font style='font-family:Times New Roman;font-size:10pt;' >ed amounts in the Company&#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Such temporary differences relate principally to premium revenu</font><font style='font-family:Times New Roman;font-size:10pt;' >e recognition, </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred acquisition costs, unrealized gains or losses on investments and insured derivatives, asset impairments, cancellation of indebtedness income, and net operating losses. </font><font style='font-family:Times New Roman;font-size:10pt;' >Valuation allowances are established to reduce deferred tax asse</font><font style='font-family:Times New Roman;font-size:10pt;' >ts to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant authority.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc. and its eligible </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. subsidiaries file a consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ederal income tax return. The U.S. income taxes, which represent a majority of the taxes paid by the Company, are allocated based on the provisions of the&#160;Company&#8217;s tax sharing agreement which </font><font style='font-family:Times New Roman;font-size:10pt;' >governs the intercompany</font><font style='font-family:Times New Roman;font-size:10pt;' > settlement of tax obligations and benefits. The method of allocation between the members is generally based upon separate-company calculations as if each member filed a separate tax return on its own.</font><font style='font-family:Times New Roman;font-size:10pt;' > A</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of</font><font style='font-family:Times New Roman;font-size:10pt;' > December 31, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >4</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;' >any member with a net operati</font><font style='font-family:Times New Roman;font-size:10pt;' >ng loss (&#8220;NOL&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >not r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ny</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >nt </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >stand-alone </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >bu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >gro</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >p. </font><font style='font-family:Times New Roman;font-size:10pt;' >Each member with an NOL </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e b</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >tax </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > and credits </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >rn them</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >out </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he fu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ur</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >H</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >, based on current facts and circumstances, </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;' >In</font><font style='font-family:Times New Roman;font-size:10pt;' >c</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;' >has advised its subsidiaries that, its intention is </font><font style='font-family:Times New Roman;font-size:10pt;' >not </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ny member&#8217;s NOL, capital loss or tax credit carryforward g</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >any subsidiary</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >xp</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hout </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >nt such </font><font style='font-family:Times New Roman;font-size:10pt;' >carryforward is u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on. Such intention is independent of the tax sharing agreement which does not require any such compensation</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In establishing a liability for an unrecognized tax benefit (&#8220;UTB&#8221;), assumptions may be made in determining </font><font style='font-family:Times New Roman;font-size:10pt;' >whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to be realized. A tax position is recognized only when, based on management&#8217;s judgment regard</font><font style='font-family:Times New Roman;font-size:10pt;' >ing the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is based on the Company&#8217;s assessment of the largest amount of benefit that is more likely than</font><font style='font-family:Times New Roman;font-size:10pt;' > not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled through negotiation with the taxing authority or is only subject to review in the courts. As new</font><font style='font-family:Times New Roman;font-size:10pt;' > information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the amount previously recognized</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company recognizes an adjustment of the UTB.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 11: Income Taxes</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional information about the Company&#8217;s income taxes.</font></p></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock', window );">Recently Adopted Accounting Standards</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recently Adopted Accounting Standards </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;font-style:italic;margin-left:0pt;' >Income Taxes (Topic 740)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (ASU </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >2013-11)</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;' >In </font><font style='font-family:Times New Roman;font-size:10pt;' >July of </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >3, the</font><font style='font-family:Times New Roman;font-size:10pt;' > Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) 2013-11, &#8220;Income Taxes </font><font style='font-family:Times New Roman;font-size:10pt;' >(Topic </font><font style='font-family:Times New Roman;font-size:10pt;' >74</font><font style='font-family:Times New Roman;font-size:10pt;' >0)&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' >Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforwar</font><font style='font-family:Times New Roman;font-size:10pt;' >d Exists.&#8221; ASU 2013-11 requires presentation of an UTB as a reduction to a deferred tax asset when a NOL carryforward, a similar tax loss, or a tax credit carryforward exists in the same tax year and jurisdiction as the UTB. ASU 2013-11 does not affect the</font><font style='font-family:Times New Roman;font-size:10pt;' > recognition or measurement of uncertain tax positions under &#8220;Income Taxes (Topic 740)&#8221; and does not affect any related tax disclosures. ASU 2013-11 was effective </font><font style='font-family:Times New Roman;font-size:10pt;' >for</font><font style='font-family:Times New Roman;font-size:10pt;' > interim and annual periods</font><font style='font-family:Times New Roman;font-size:10pt;' > beginning January 1, 2014. The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >previously </font><font style='font-family:Times New Roman;font-size:10pt;' >present</font><font style='font-family:Times New Roman;font-size:10pt;' >ed an</font><font style='font-family:Times New Roman;font-size:10pt;' >y UTBs as a reduction to a deferred tax asset in accordance with ASU 2013-11 as all of its UTBs relate to the same tax years and jurisdictions in which NOLs exist, therefore, this accounting pronouncement did not affect the Company&#8217;s consolidated financial</font><font style='font-family:Times New Roman;font-size:10pt;' > statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has not adopted any </font><font style='font-family:Times New Roman;font-size:10pt;' >other </font><font style='font-family:Times New Roman;font-size:10pt;' >new accounting pronouncements that had a material impact on its consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ></p></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted', window );">New Accounting Pronouncements Not Yet Adopted</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recent </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Accounting Developments</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Presentation of Financial Statements (Topic 205) and Property, P</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >lant, and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Equipment (Topic 360)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In April of 2014, the FASB issued ASU 2014-08, &#8220;Presentation of Financial Statements (Topic</font><font style='font-family:Times New Roman;font-size:10pt;' > 205) and Property, Plant, and Equipment (Topic 360)-Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.&#8221; ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an</font><font style='font-family:Times New Roman;font-size:10pt;' > entity qualifies for discontinued operations presentation and requires new disclosures. ASU 2014-08 amends the definition of discontinued operation to a disposal of components of an entity that represent strategic shifts that have, or will have, a major e</font><font style='font-family:Times New Roman;font-size:10pt;' >ffect on an entity&#8217;s operations and financial results. ASU 2014-08 is effective for interim and annual periods beginning January 1, 2015, and with early adoption permitted but only for disposals or classifications as held for sale that have not been report</font><font style='font-family:Times New Roman;font-size:10pt;' >ed in previously issued financial statements. The adoption of ASU 2014-08 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Revenue from Contracts with Customers (Topic 606) (ASU 2014-09)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May of 2014, the FASB issued </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09, &#8220;Revenue from Contracts with Customers (Topic 606).&#8221; ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other ac</font><font style='font-family:Times New Roman;font-size:10pt;' >counting standards. ASU 2014-09 is effective for interim and annual periods beginning January 1, 2017, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impact of adopting ASU 2014-09.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Tra</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >nsfers and Servicing </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(Topic 860</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212; </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures (ASU 2014-11)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June of 2014, the FASB issued ASU 2014-11, &#8220;Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and Discl</font><font style='font-family:Times New Roman;font-size:10pt;' >osures.&#8221; The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repurchase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing transactions to secured</font><font style='font-family:Times New Roman;font-size:10pt;' > borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactions accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual periods beginning January 1, 2015, </font><font style='font-family:Times New Roman;font-size:10pt;' >and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Compensation-Stock Compensation (Topic 718</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Accounting for Share-Based Payments When the Terms of an </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues Task Force) (ASU 2014-12)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June of 2014, the FASB issued ASU 2014-12, &#8220;Compensation-Stock Compensation (Topic 718)-Accou</font><font style='font-family:Times New Roman;font-size:10pt;' >nting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.&#8221; ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that co</font><font style='font-family:Times New Roman;font-size:10pt;' >uld be achieved after an employee&#8217;s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a prospective basis</font><font style='font-family:Times New Roman;font-size:10pt;' > or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Consolidation (Topic 810)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collaterali</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >zed Financing Entity (ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >13</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >) </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2014, the FASB issued ASU 2014-13, &#8220;Consolidation (Topic 810)-Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-13 applies to a consoli</font><font style='font-family:Times New Roman;font-size:10pt;' >dated collateralized financing entity defined as a consolidated VIE that holds financial assets and issues beneficial interests in those financial assets that are classified as financial liabilities. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company</font><font style='font-family:Times New Roman;font-size:10pt;' > may elect to measure the financial assets an</font><font style='font-family:Times New Roman;font-size:10pt;' >d the financial liabilities of a consolidated collateralized financing entity using a measurement alternative provided in ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' >. The measurement alternative requires both the financial assets and the financial liabilities of the consolidated collater</font><font style='font-family:Times New Roman;font-size:10pt;' >alized financing entity to be measured using the more observable of the fair value of the financial assets and the fair value of the financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply th</font><font style='font-family:Times New Roman;font-size:10pt;' >e measurement alternative to existing consolidated collateralized financing entities. ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted. The adoption of ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > is not expected to materially</font><font style='font-family:Times New Roman;font-size:10pt;' > impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Presentation of Financial Statements</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >15</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2014, the FASB is</font><font style='font-family:Times New Roman;font-size:10pt;' >sued ASU 2014-15, &#8220;Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern.&#8221; ASU 2014-15 requires management to evaluate whether there are conditions or even</font><font style='font-family:Times New Roman;font-size:10pt;' >ts that raise substantial doubt about the entity&#8217;s ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that </font><font style='font-family:Times New Roman;font-size:10pt;' >the financial statements are issued. ASU 2014-15 is effective for the annual period end</font><font style='font-family:Times New Roman;font-size:10pt;' >ing</font><font style='font-family:Times New Roman;font-size:10pt;' > December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. </font><font style='font-family:Times New Roman;font-size:10pt;' >The adoption of ASU 2014-15 is not expected to materially impa</font><font style='font-family:Times New Roman;font-size:10pt;' >ct the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Consolidation (Topic 810) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;Amendments to the Consolidation Analysis </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2015-02)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2015, the FASB issued ASU 2015-02, &#8220;Consolidation (Topic 810)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' >Amendments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2015-02 amends the accounting guidance for consolidation of legal entities including VIEs. ASU 2015-02 eliminates the specialized consolidation model and guidance for limited partnerships, amends the conditions for evaluating whether a fee paid to a de</font><font style='font-family:Times New Roman;font-size:10pt;' >cision maker or a service provider represents a variable interest in a VIE, amends the related party guidance for the determination of the primary beneficiary of a VIE, and requires certain investment funds designed as VIEs, except money market funds, to a</font><font style='font-family:Times New Roman;font-size:10pt;' >pply the amended consolidation guidance. ASU 2015-02 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impac</font><font style='font-family:Times New Roman;font-size:10pt;' >t of adopting ASU 2015-02.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BasisOfAccountingPolicyPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for deferred policy acquisition costs, including the nature, type, and amount of capitalized costs incurred to write or acquire insurance contracts, and the basis for and methodologies applied in capitalizing and amortizing such costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6967983&amp;loc=d3e11264-158415<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 305<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2122427<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4273-108586<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Financial Reporting Release (FRR)<br><br> -Number 203<br><br> -Paragraph 02-03<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting.  The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02, 03<br><br> -Article 3A<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2197480<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 860<br><br> -SubTopic 40<br><br> -Section 45<br><br> -URI http://asc.fasb.org/section&amp;trid=2197723<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2196966<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 325<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2197087<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.3A-02)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355033-122828<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16385135&amp;loc=d3e33801-111570<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=d3e5614-111684<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph k<br><br> -Article 1<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ConsolidationPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for costs incurred to obtain or issue debt, the effects of refinancings, method of amortizing deferred financing costs and original issue discount, and classifications of debt on the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2208565<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativesOffsettingFairValueAmountsPolicy">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for offsetting or not offsetting fair value amounts recognized for derivative instruments against such amounts recognized for the right to reclaim cash collateral (a receivable) or the obligation to return cash collateral (a payable) arising from derivative instruments recognized at fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41675-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativesOffsettingFairValueAmountsPolicy</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativesPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for its derivative instruments and hedging activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41620-113959<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5579245-113959<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5579240-113959<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41638-113959<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(n))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph n<br><br> -Article 4<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41675-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativesPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for a new accounting pronouncement that has been issued but not yet adopted.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 5<br><br> -Subparagraph (SAB TOPIC 11.M)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26874127&amp;loc=d3e31137-122693<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 11<br><br> -Section M<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementPolicyPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueMeasurementPolicyPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2175856<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2175826<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2175892<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144681<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144749<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32840-109319<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 954<br><br> -SubTopic 740<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6491622&amp;loc=d3e9504-115650<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 17<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32809-109319<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32247-109318<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32280-109318<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsurancePremiumsRevenueRecognitionPolicy">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for premium revenue recognition, including the basis for measurement and the timing of recognition of revenue from insurance premiums received from contract holders.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=4738349<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 25<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486413&amp;loc=d3e25896-158540<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 25<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486390&amp;loc=d3e25718-158539<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsurancePremiumsRevenueRecognitionPolicy</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 325<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6872867&amp;loc=d3e40691-111596<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6382943&amp;loc=d3e33918-111571<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 5<br><br> -Section M<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2,12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 2, 12<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InvestmentPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2155824<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.13(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 13<br><br> -Subparagraph a<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueRecognitionPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18726-107790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 13<br><br> -Section B<br><br> -Paragraph Question 1<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 605<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 13.B.Q1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012821&amp;loc=d3e214044-122780<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18823-107790<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RevenueRecognitionPolicyTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b),(f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2228939<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for estimating the ultimate cost of settling insurance claims relating to insured events that have occurred on or before a particular date (ordinarily, the statement of financial position date). The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claims adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 13<br><br> -Subparagraph b<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.13(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14754-158437<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>85
<FILENAME>R131.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EWMAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule IV - (Reinsurance) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract', window );"><strong>Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DirectPremiumsWritten', window );">Direct Amount</a></td>
        <td class="num"><a title="us-gaap_DirectPremiumsWritten" onclick="toggleNextSibling(this);">$ (18)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DirectPremiumsWritten</span><span></span></td>
        <td class="num"><a title="us-gaap_DirectPremiumsWritten" onclick="toggleNextSibling(this);">$ (40)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DirectPremiumsWritten</span><span></span></td>
        <td class="nump"><a title="us-gaap_DirectPremiumsWritten" onclick="toggleNextSibling(this);">$ 17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DirectPremiumsWritten</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsWritten', window );">Ceded to Others</a></td>
        <td class="nump"><a title="us-gaap_CededPremiumsWritten" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsWritten</span><span></span></td>
        <td class="nump"><a title="us-gaap_CededPremiumsWritten" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsWritten</span><span></span></td>
        <td class="nump"><a title="us-gaap_CededPremiumsWritten" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsWritten</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssumedPremiumsWritten', window );">Assumed From Other Companies</a></td>
        <td class="nump"><a title="us-gaap_AssumedPremiumsWritten" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssumedPremiumsWritten</span><span></span></td>
        <td class="nump"><a title="us-gaap_AssumedPremiumsWritten" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssumedPremiumsWritten</span><span></span></td>
        <td class="nump"><a title="us-gaap_AssumedPremiumsWritten" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssumedPremiumsWritten</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsWrittenNet', window );">Net Amount</a></td>
        <td class="num"><a title="us-gaap_PremiumsWrittenNet" onclick="toggleNextSibling(this);">$ (20)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsWrittenNet</span><span></span></td>
        <td class="num"><a title="us-gaap_PremiumsWrittenNet" onclick="toggleNextSibling(this);">$ (41)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsWrittenNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PremiumsWrittenNet" onclick="toggleNextSibling(this);">$ 17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsWrittenNet</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet', window );">Percentage of Amount Assumed to Net</a></td>
        <td class="nump"><a title="mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet</span><span></span></td>
        <td class="num"><a title="mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" onclick="toggleNextSibling(this);">(2.00%)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" onclick="toggleNextSibling(this);">12.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssumedPremiumsWritten">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of written premiums assumed from other entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)(2),(c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AssumedPremiumsWritten</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededPremiumsWritten">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of written premiums ceded to other entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CededPremiumsWritten</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DirectPremiumsWritten">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, before premiums ceded to other entities and premiums assumed by the entity, of premiums written.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DirectPremiumsWritten</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsWrittenNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums written.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsWrittenNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>86
<FILENAME>R65.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EVFBI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="4">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014

</div>
          <div>policy

</div>
          <div>issue</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013

</div>
          <div>issue

</div>
          <div>policy</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies</a></td>
        <td class="nump"><a title="mbi_NumberOfPolicies" onclick="toggleNextSibling(this);">315</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NumberOfPolicies" onclick="toggleNextSibling(this);">299</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" onclick="toggleNextSibling(this);">147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" onclick="toggleNextSibling(this);">180</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
        <td class="text">7 years 8 months 12 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">9 years 8 months 12 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" onclick="toggleNextSibling(this);">$ 11,263</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" onclick="toggleNextSibling(this);">$ 14,264</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" onclick="toggleNextSibling(this);">4,620</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" onclick="toggleNextSibling(this);">8,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" onclick="toggleNextSibling(this);">15,883</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" onclick="toggleNextSibling(this);">22,896</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" onclick="toggleNextSibling(this);">850</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" onclick="toggleNextSibling(this);">1,235</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" onclick="toggleNextSibling(this);">860</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" onclick="toggleNextSibling(this);">1,085</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" onclick="toggleNextSibling(this);">205</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
        <td class="num"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" onclick="toggleNextSibling(this);">(55)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" onclick="toggleNextSibling(this);">167</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" onclick="toggleNextSibling(this);">227</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember', window );">Caution List Low [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies</a></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
        <td class="text">7 years 2 months 12 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">11 years 0 months 0 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">1,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">5,290</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">696</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">3,829</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">2,453</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">9,119</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">63</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember]" onclick="toggleNextSibling(this);">112</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListLowMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember', window );">Caution List Medium [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies</a></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">98</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
        <td class="text">12 years 0 months 0 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">4 years 10 months 24 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">1,372</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">1,073</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">819</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">253</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">2,191</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">1,326</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListMediumMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember', window );">Caution List High [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies</a></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
        <td class="text">10 years 1 month 6 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">11 years 6 months 0 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">68</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">201</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">64</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_CautionListHighMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember', window );">Classified List [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies</a></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">175</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NumberOfPolicies[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">192</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfPolicies<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">119</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
        <td class="text">7 years 0 months 0 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">9 years 6 months 0 days<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">8,001</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">7,861</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">3,037</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">4,526</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">11,038</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">12,387</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">850</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">1,235</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">860</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">1,085</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">205</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
        <td class="num"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">(55)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">$ 80</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue[mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember]" onclick="toggleNextSibling(this);">$ 96</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue<br>/ mbi_SurveillanceCategoriesAxis<br>= mbi_ClassifiedListMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">An issue represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[3]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfPolicies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number Of Policies</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfPolicies</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Remaining weighted average contract period of financial guarantee insurance contracts, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iv)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of insured contractual payments outstanding on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of insured contractual payments outstanding attributable to interest accrued on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of insured contractual payments outstanding attributable to the principal of the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the net claim liability related to financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(vii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the number of issued and outstanding contracts for each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:decimalItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the gross potential recoveries against the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(v)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the net discount consisting of the difference between the discount related to the claim liability for and potential recoveries thereof related to financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(vi)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of unearned premium revenue, reported on or included in the statement of financial position, related to financial guarantee insurance contracts and presented in the schedule of insured financial obligations with credit deterioration in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(ix)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>87
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance in Force<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceAbstract', window );"><strong>Insurance in Force [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceInForceTextBlock', window );">Insurance In Force</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 13: Insurance in Force</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA guarantees the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, </font><font style='font-family:Times New Roman;font-size:10pt;' >mortgage</font><font style='font-family:Times New Roman;font-size:10pt;' >-backed and other non-municipal securities. Additionally, MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Corp. has insured CDS primarily on pools of collateral, which it previously considered part of its core financial guarantee business. The pools of collateral are made up of corporate obligations, but also include commercial and RMBS-related assets</font><font style='font-family:Times New Roman;font-size:10pt;' > and ABS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities</font><font style='font-family:Times New Roman;font-size:10pt;' >. MBIA&#8217;s insurance in force represents the aggregate amount of the insured principal of, and interest or other amounts owing on, insured obligations. MBIA&#8217;s ultimate exposure to credit loss in the event of nonperformance by the issuer of the ins</font><font style='font-family:Times New Roman;font-size:10pt;' >ured obligation is represented by the insurance in force in the tables that follow.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The financial guarantees issued by MBIA provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, insured</font><font style='font-family:Times New Roman;font-size:10pt;' > obligations when due. The obligations are generally not subject to acceleration, except that MBIA may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. Certain guaranteed investment contracts written by MBIA I</font><font style='font-family:Times New Roman;font-size:10pt;' >nc. and guaranteed by MBIA Corp. are terminable based upon the credit ratings downgrades of MBIA Corp. and if MBIA Inc. were to have insufficient assets to pay the termination payments, MBIA Corp.&#8217;s insurance coverage would be drawn on to make such payment</font><font style='font-family:Times New Roman;font-size:10pt;' >s. These amounts have been excluded in the tables that follow.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The creditworthiness of each insured obligation is evaluated prior to the issuance of insurance, and each insured obligation must comply with National&#8217;s or MBIA Corp.&#8217;s underwriting guidelines.</font><font style='font-family:Times New Roman;font-size:10pt;' > Further, the payments to be made by the issuer on the bonds or notes may be backed by a pledge of revenues, reserve funds, letters of credit, investment contracts or collateral in the form of mortgages or other assets. The right to such funds or collatera</font><font style='font-family:Times New Roman;font-size:10pt;' >l would typically become National&#8217;s or MBIA Corp.&#8217;s upon the payment of a claim by either National or MBIA Corp.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National and MBIA Corp. maintain underwriting guidelines based on those aspects of credit quality that it deems important for each category of </font><font style='font-family:Times New Roman;font-size:10pt;' >obligation considered for insurance.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, insurance in force, which represents principal and interest or other amounts owing on insured obligations, had an expected maturity range of </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >43</font><font style='font-family:Times New Roman;font-size:10pt;' > years. The distribution of MBIA Corp.&#8217;s and National&#8217;s combined insurance in force by geographic location, excluding $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.6</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >3.5</font><font style='font-family:Times New Roman;font-size:10pt;' > billion relating to transactions guaranteed by MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. on behalf of various investment management services affiliated companies as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, is presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:82.5pt;text-align:center;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Geographic Location</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:82.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >California</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New York</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.9%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Illinois</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Florida</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Texas</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New Jersey</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Michigan</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Puerto Rico</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Pennsylvania</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Washington</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subtotal</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >231.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >283.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >51.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Nationally diversified</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other states</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >123.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.1%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >394.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >492.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88.9%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally diversified</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Country specific</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.8%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:120pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43.5</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9%</font></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61.6</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.1%</font></td><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;border-color:Black;min-width:82.5pt;' ></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >437.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >554.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:82.5pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ></td></tr></table></div><div><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;' >The insurance in force by type of bond, excluding transactions guaranteed by MBIA Corp. on behalf of various investment management services affiliated companies, is presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21.75pt;' ></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:24pt;text-align:center;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Bond type</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:21.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:24pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance</font><font style='font-family:Symbol;font-size:10pt;color:#000000;' >&#190;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United States:</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >153.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation</font><font style='font-family:Symbol;font-size:10pt;color:#000000;' >&#190;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >lease</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.2%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal utilities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >78.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.1%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-backed</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.9%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Higher education</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Health care</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Military housing</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.5%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investor-owned utilities</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal housing</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.8%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >361.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82.6%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >445.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >80.4%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance</font><font style='font-family:Symbol;font-size:10pt;color:#000000;' >&#190;</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >non-United States:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International utilities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Sovereign-related and sub-sovereign</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.1%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Local governments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td colspan='3' rowspan='1' style='width:222pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:222pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-backed</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.9%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46.0</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global public finance</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >400.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >491.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:left;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global structured finance:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31.7</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.7%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.4</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.9</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate asset-backed</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (6)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.5</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.6%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global structured finance</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37.1</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.5%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >62.6</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.3%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:195pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >437.8</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:21.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >554.3</font></td><td style='width:12.75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >___________________</font></td><td style='width:24pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes investor owned utilities, industrial development and pollution control revenue bonds.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Includes certain non-profit enterprises, stadium related financing and student loans.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Includes municipal owned entities backed by sponsoring local government.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Includes transactions (represented by structured pools of primarily investment grade corporate credit risks or CRE assets) that do not include typical CDO structuring </font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td colspan='14' rowspan='1' style='width:478.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:478.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr><tr style='height:9pt;' ><td style='width:24pt;text-align:left;border-color:Black;min-width:24pt;' ></td><td colspan='15' rowspan='1' style='width:492pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Includes $5.3 billion and $5.5 billion of structured insurance securitizations as of December 31, 2014 and 2013, respectively.</font></td><td style='width:24pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The insurance operations have entered into certain guarantees of derivative contracts, included in the preceding tables, which are accounted for as derivative instruments. MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > generally guarantees the timely payment of principal and interest related to these derivatives upon the occurrence of a credit event with respect to a re</font><font style='font-family:Times New Roman;font-size:10pt;' >ferenced obligation. The maximum amount of future payments that MBIA may be required to make under the</font><font style='font-family:Times New Roman;font-size:10pt;' >se guarantees is $</font><font style='font-family:Times New Roman;font-size:10pt;' >10.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion</font><font style='font-family:Times New Roman;font-size:10pt;' >. MBIA&#8217;s guarantees of derivative contracts have a legal maximum maturity range of </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >68</font><font style='font-family:Times New Roman;font-size:10pt;' > years. A small number of </font><font style='font-family:Times New Roman;font-size:10pt;' >insured credit derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >contracts have long-dated maturities, which comprise the longest maturity dates of the underlying collateral. However, the expected maturities of such contracts are much shorter due to amortizations and prepayments in the underlying collateral pools. The f</font><font style='font-family:Times New Roman;font-size:10pt;' >air values of these guarantees as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > are recorded on the consolidated balance sheets as derivative liabilities, representing gross losses, of $</font><font style='font-family:Times New Roman;font-size:10pt;' >246</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion,</font><font style='font-family:Times New Roman;font-size:10pt;' > respectively.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investment agreement contracts and MTNs issued by the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate </font><font style='font-family:Times New Roman;font-size:10pt;' >segment are insured by MBIA Corp. and are not included in the previous tables. If MBIA Inc. or these subsidiaries were to have insufficient as</font><font style='font-family:Times New Roman;font-size:10pt;' >sets to pay amounts due, MBIA Corp. would make such payments under its insurance policies. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the maximum amount of future payments that MBIA Corp. could be required to make under these guarantees is $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.6</font><font style='font-family:Times New Roman;font-size:10pt;' > bill</font><font style='font-family:Times New Roman;font-size:10pt;' >ion. These guarantees, which have a maximum maturity range of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >27</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years, were entered into on an arm&#8217;s length basis. MBIA Corp. has both direct recourse provisions and subrogation rights in these t</font><font style='font-family:Times New Roman;font-size:10pt;' >ransactions. If MBIA Corp. is required to make a payment under any of these affiliate guarantees, it would have the right to seek reimbursement from such affiliate and to liquidate any collateral to recover amounts paid under the guarantee.</font></p></div><div><p style='text-align:left;margin-top:13.5pt;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;' >Reinsured Exposure</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Reinsurance enables the Company to cede exposure for purposes of syndicating risk and increasing its capacity to write new business while complying with its single risk and credit guidelines. When a reinsurer is downgraded by one or </font><font style='font-family:Times New Roman;font-size:10pt;' >more of the rating agencies, less capital credit is given to MBIA under rating agency models and the overall value of the reinsurance to MBIA is reduced. The Company generally retains the right to reassume the business ceded to reinsurers under certain cir</font><font style='font-family:Times New Roman;font-size:10pt;' >cumstances, including a reinsurer&#8217;s rating downgrade below specified thresholds. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the use of reinsurance was immaterial to the insurance operations business and the Company expects that it will continue to be immaterial in the fu</font><font style='font-family:Times New Roman;font-size:10pt;' >ture.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA requires certain unauthorized reinsurers to maintain bank letters of credit or establish trust accounts to cover liabilities ceded to such reinsurers under reinsurance contracts. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the total amount available under these</font><font style='font-family:Times New Roman;font-size:10pt;' > letters of credit and trust arrangements was $</font><font style='font-family:Times New Roman;font-size:10pt;' >34</font><font style='font-family:Times New Roman;font-size:10pt;' > million. The Company remains liable on a primary basis for all reinsured risk, and although MBIA believes that its reinsurers remain capable of meeting their obligations, there can be no assuranc</font><font style='font-family:Times New Roman;font-size:10pt;' >e of such in the future.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The aggregate amount of insurance in force ceded by MBIA to reinsurers was $</font><font style='font-family:Times New Roman;font-size:10pt;' >11.1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >12.7</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the </font><font style='font-family:Times New Roman;font-size:10pt;' >aggregate amount of insured par outstanding ceded by MBIA to reinsurers under reinsurance agreements was $</font><font style='font-family:Times New Roman;font-size:10pt;' >6.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion compared with $</font><font style='font-family:Times New Roman;font-size:10pt;' >7.1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. The following table presents information abou</font><font style='font-family:Times New Roman;font-size:10pt;' >t the Company&#8217;s reinsurance agreements as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > for its U.S. public finance and </font><font style='font-family:Times New Roman;font-size:10pt;' >international</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance operations.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:11.25pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Standard &amp;</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Letters of </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Poor&#39;s Rating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Moody&#39;s Rating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Ceded Par</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit/ Trust</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurance</font></td></tr><tr style='height:10.5pt;' ><td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurers</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accounts</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' > (1)</font></sup></td></tr><tr style='height:7.5pt;' ><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:90pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Re Ltd.</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Baa1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3,634</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 32</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Negative Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Corp.</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2,019</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Negative Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Overseas Private</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA+</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Aaa</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 289</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   Investment Corporation</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Others</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:center;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A- or above</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:center;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A2 or above</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 145</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:90pt;text-align:left;border-color:Black;min-width:90pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:118.5pt;text-align:left;border-color:Black;min-width:118.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6,087</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 34</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7</font></td></tr><tr style='height:12pt;' ><td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td></tr><tr style='height:10.5pt;' ><td colspan='14' rowspan='1' style='width:535.5pt;text-align:left;border-color:Black;min-width:535.5pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</font></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Premium Summary</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;' >The components of financial guarantee net premiums earned, including premiums assumed fro</font><font style='font-family:Times New Roman;font-size:10pt;' >m and ceded to other companies, are presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:144.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net premiums earned:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Direct</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >407</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >400</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >489</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assumed</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >409</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >467</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >619</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:86.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >397</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >457</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >605</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >year end</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > total salvage paid </font><font style='font-family:Times New Roman;font-size:10pt;' >for financial guarantee policies under reinsurance contracts </font><font style='font-family:Times New Roman;font-size:10pt;' >was</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, recoveries received on claims for financial guarantee policies under reinsurance contracts totaled </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million, respectively. Ceding comm</font><font style='font-family:Times New Roman;font-size:10pt;' >issions from reinsurance, before deferrals and net of returned ceding commissions, were $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million for the years </font><font style='font-family:Times New Roman;font-size:10pt;' >ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceInForceTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure of Insurance In Force.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceInForceTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsuranceAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>88
<FILENAME>R36.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Developments and Risks and Uncertainties (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock', window );">Assets And Liabilities Held For Sale</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:68.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments carried at fair value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated variable interest entities:</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total assets held for sale</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >802</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities </font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated variable interest entities:</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:left;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for loans purchased</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total liabilities held for sale</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >772</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of assets and liabilities held for sale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>89
<FILENAME>R98.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EIEAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract', window );"><strong>Disclosure Income Taxes Income Taxes And Related Effective Tax Rates [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 416</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 1,598</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">$ 72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">$ 166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">$ 364</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>90
<FILENAME>R123.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ERGAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Related Party Transactions (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014

</div>
          <div>securityloan

</div>
          <div>policy</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013

</div>
          <div>securityloan</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfVotingInterestsOfCompany', window );">Principal ownership percentage</a></td>
        <td class="nump"><a title="mbi_PercentageOfVotingInterestsOfCompany" onclick="toggleNextSibling(this);">10.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfVotingInterestsOfCompany</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfSuretyBonds', window );">Number of executed surety bonds</a></td>
        <td class="nump"><a title="mbi_NumberOfSuretyBonds" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">mbi_NumberOfSuretyBonds</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OutstandingExposureOnSuretyBonds', window );">Surety bonds maximum exposure</a></td>
        <td class="nump"><a title="mbi_OutstandingExposureOnSuretyBonds" onclick="toggleNextSibling(this);">$ 340</a><span style="display:none;white-space:normal;text-align:left;">mbi_OutstandingExposureOnSuretyBonds</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoansToExecutiveOfficersOrDirectors', window );">Number of loans to executive officers or directors</a></td>
        <td class="nump"><a title="mbi_LoansToExecutiveOfficersOrDirectors" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LoansToExecutiveOfficersOrDirectors</span><span></span></td>
        <td class="nump"><a title="mbi_LoansToExecutiveOfficersOrDirectors" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LoansToExecutiveOfficersOrDirectors</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LoansToExecutiveOfficersOrDirectors">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of loans made to executive officers or directors of teh Company.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LoansToExecutiveOfficersOrDirectors</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfSuretyBonds">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of surety bonds executed to guarantee the payment obligations of the members of the Municipal Bond Insurance Association.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NumberOfSuretyBonds</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:positiveIntegerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OutstandingExposureOnSuretyBonds">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum amount the Company would be required to pay on the surety bonds.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_OutstandingExposureOnSuretyBonds</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfVotingInterestsOfCompany">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of ownership of the Company defined as principal owners.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfVotingInterestsOfCompany</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R24.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Pension and Profit- Sharing Plans<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract', window );"><strong>Pension And Profit Sharing Plans [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock', window );">Pension And Profit Sharing Plans</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 15: Pension and Profit Sharing Plans</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </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;' >The Company maintains a qualified non-contributory defined contribution pension plan to which the Company contributes 10% of each eligible employee&#8217;s annual compensation. Annual compensation for determining such contributions consists of </font><font style='font-family:Times New Roman;font-size:10pt;' >base salary, bonus and commissions, as applicable</font><font style='font-family:Times New Roman;font-size:10pt;' >, up to a maximum of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.5</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >. Pension benefits vest over a five-year period with 20% vested after two years, 60% vested after three years, 80% vested after four years and 100% vested after five years. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company funds the annual pension contribution by the following February of each applicable year. Pension expense related to the Company&#8217;s qualified pension plan for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > million,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > millio</font><font style='font-family:Times New Roman;font-size:10pt;' >n, and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</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;' >The Company also maintains a qualified profit sharing/401(k) plan. The plan is a voluntary contributory plan that allows eligible employees to defer compensation for federal income tax purposes under Section&#160;401(k) of the I</font><font style='font-family:Times New Roman;font-size:10pt;' >nternal Revenue Code of 1986, as amended. Employees may contribute, through payroll deductions, up to 25% of eligible compensation. The Company matches employee contributions up to the first </font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' >% of such compensation. The 401(k) matching contributions are ma</font><font style='font-family:Times New Roman;font-size:10pt;' >de in the form of cash, whereby participants may direct the Company match to an investment of their choice. The benefit of the Company&#8217;s contributions vest over a five-year period with 20% vested after two years, 60% vested after three years, 80% vested af</font><font style='font-family:Times New Roman;font-size:10pt;' >ter four years and 100% vested after five years. Generally, a participating employee is entitled to distributions from the plans upon termination of employment, retirement, death or disability. Participants who qualify for distribution may receive a single</font><font style='font-family:Times New Roman;font-size:10pt;' > lump sum, transfer the assets to another qualified plan or individual retirement account, or receive a series of specified installment payments. Profit sharing/401(k) expense related to the Company&#8217;s qualified plan for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > was</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million, and $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively.</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 addition to the above two plans, the Company maintains a non-qualified deferred compensation plan. Contributions to the above qualified plans that exceed limitations es</font><font style='font-family:Times New Roman;font-size:10pt;' >tablished by federal regulations are then contributed to the non-qualified deferred compensation plan. The non-qualified pension expense for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > for each applicable year</font><font style='font-family:Times New Roman;font-size:10pt;' >. The non-qua</font><font style='font-family:Times New Roman;font-size:10pt;' >lified profit sharing/401(k) expense for each of the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million for each applicable year</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for pension and other postretirement benefits.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 715<br><br> -URI http://asc.fasb.org/topic&amp;trid=2235017<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R68.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EBVAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="5">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInUnearnedPremiums', window );">Changes in unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums" onclick="toggleNextSibling(this);">$ 412</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums" onclick="toggleNextSibling(this);">$ 506</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums" onclick="toggleNextSibling(this);">$ 600</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve', window );">Changes in LAE reserves</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" onclick="toggleNextSibling(this);">133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" onclick="toggleNextSibling(this);">216</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Gross loss andLAE reserve, beginning balance</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">853</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossPaymentsForCasesWithReserves', window );">Loss payments for cases with reserves</a></td>
        <td class="num"><a title="mbi_LossPaymentsForCasesWithReserves[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(157)</a><span style="display:none;white-space:normal;text-align:left;">mbi_LossPaymentsForCasesWithReserves<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_LossPaymentsForCasesWithReserves[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(337)</a><span style="display:none;white-space:normal;text-align:left;">mbi_LossPaymentsForCasesWithReserves<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount', window );">Accretion of claim liability discount</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate', window );">Changes in discount rates</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">79</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(92)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions', window );">Changes in assumptions</a></td>
        <td class="num"><a title="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(35)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">141</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInUnearnedPremiums', window );">Changes in unearned premium revenue</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInUnearnedPremiums[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInUnearnedPremiums<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve', window );">Changes in LAE reserves</a></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(19)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther', window );">Other</a></td>
        <td class="num"><a title="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Gross loss andLAE reserve, ending balance</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">$ 506</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">$ 641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="6"></td>
      </tr>
      <tr>
        <td colspan="6">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Primarily changes in amount and timing of payments.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change In Assumptions</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Changes in the timing and amount of net payments on financial guarantee contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossPaymentsForCasesWithReserves">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Loss payments for cases with reserves</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossPaymentsForCasesWithReserves</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of the change in the claim liability related to financial guarantee insurance contracts arising from the accretion of the discount of the claim liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(2)(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of change in the claim liability related to financial guarantee insurance contracts arising from a change in the rate used to discount the claim liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(2)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the reserve account established to account for expected but unspecified losses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInUnearnedPremiums">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) unearned premiums written. Excludes portion of unearned premiums amortized into income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInUnearnedPremiums</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a),(b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14764-158437<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>93
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E5VBI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail) (USD $)<br>In Billions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce" onclick="toggleNextSibling(this);">$ 437.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce" onclick="toggleNextSibling(this);">$ 554.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_CA', window );">California [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_CA]" onclick="toggleNextSibling(this);">73.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_CA</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_CA]" onclick="toggleNextSibling(this);">88.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_CA</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_CA]" onclick="toggleNextSibling(this);">16.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_CA</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_CA]" onclick="toggleNextSibling(this);">16.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_CA</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_NY', window );">New York [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_NY]" onclick="toggleNextSibling(this);">29.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NY</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_NY]" onclick="toggleNextSibling(this);">38.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NY</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_NY]" onclick="toggleNextSibling(this);">6.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NY</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_NY]" onclick="toggleNextSibling(this);">6.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NY</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_IL', window );">Illinois [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_IL]" onclick="toggleNextSibling(this);">25.4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_IL</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_IL]" onclick="toggleNextSibling(this);">29.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_IL</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_IL]" onclick="toggleNextSibling(this);">5.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_IL</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_IL]" onclick="toggleNextSibling(this);">5.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_IL</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_FL', window );">Florida [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_FL]" onclick="toggleNextSibling(this);">24.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_FL</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_FL]" onclick="toggleNextSibling(this);">29.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_FL</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_FL]" onclick="toggleNextSibling(this);">5.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_FL</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_FL]" onclick="toggleNextSibling(this);">5.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_FL</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_TX', window );">Texas [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_TX]" onclick="toggleNextSibling(this);">21.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_TX</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_TX]" onclick="toggleNextSibling(this);">28.0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_TX</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_TX]" onclick="toggleNextSibling(this);">4.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_TX</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_TX]" onclick="toggleNextSibling(this);">5.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_TX</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_NJ', window );">New Jersey [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_NJ]" onclick="toggleNextSibling(this);">16.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NJ</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_NJ]" onclick="toggleNextSibling(this);">20.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NJ</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_NJ]" onclick="toggleNextSibling(this);">3.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NJ</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_NJ]" onclick="toggleNextSibling(this);">3.60%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_NJ</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_MI', window );">Michigan [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_MI]" onclick="toggleNextSibling(this);">12.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_MI</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_MI]" onclick="toggleNextSibling(this);">15.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_MI</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_MI]" onclick="toggleNextSibling(this);">2.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_MI</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_MI]" onclick="toggleNextSibling(this);">2.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_MI</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_PA', window );">Pennsylvania [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_PA]" onclick="toggleNextSibling(this);">9.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_PA</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_PA]" onclick="toggleNextSibling(this);">11.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_PA</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_PA]" onclick="toggleNextSibling(this);">2.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_PA</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_PA]" onclick="toggleNextSibling(this);">2.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_PA</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_WA', window );">Washington [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_WA]" onclick="toggleNextSibling(this);">9.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_WA</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=stpr_WA]" onclick="toggleNextSibling(this);">11.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_WA</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_WA]" onclick="toggleNextSibling(this);">2.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_WA</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=stpr_WA]" onclick="toggleNextSibling(this);">2.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= stpr_WA</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_PR', window );">Puerto Rico [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=country_PR]" onclick="toggleNextSibling(this);">10.1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_PR</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=country_PR]" onclick="toggleNextSibling(this);">10.9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_PR</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=country_PR]" onclick="toggleNextSibling(this);">2.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_PR</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=country_PR]" onclick="toggleNextSibling(this);">2.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_PR</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember', window );">Sub-Total Insurance In Force [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember]" onclick="toggleNextSibling(this);">231.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_SubTotalInsuranceInForceMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember]" onclick="toggleNextSibling(this);">283.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_SubTotalInsuranceInForceMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember]" onclick="toggleNextSibling(this);">53.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_SubTotalInsuranceInForceMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember]" onclick="toggleNextSibling(this);">51.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_SubTotalInsuranceInForceMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember', window );">Nationally Diversified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember]" onclick="toggleNextSibling(this);">38.9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NationallyDiversifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember]" onclick="toggleNextSibling(this);">53.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NationallyDiversifiedMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember]" onclick="toggleNextSibling(this);">8.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NationallyDiversifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember]" onclick="toggleNextSibling(this);">9.70%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NationallyDiversifiedMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember', window );">Other States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember]" onclick="toggleNextSibling(this);">123.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherStatesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember]" onclick="toggleNextSibling(this);">155.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherStatesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember]" onclick="toggleNextSibling(this);">28.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherStatesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember]" onclick="toggleNextSibling(this);">28.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherStatesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_US', window );">United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">394.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">492.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">90.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">88.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember', window );">Internationally Diversified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">2.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">12.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">0.60%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">2.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember', window );">Country Specific [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember]" onclick="toggleNextSibling(this);">40.7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CountrySpecificMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember]" onclick="toggleNextSibling(this);">48.8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CountrySpecificMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember]" onclick="toggleNextSibling(this);">9.30%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CountrySpecificMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember]" onclick="toggleNextSibling(this);">8.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CountrySpecificMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember', window );">Non-United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAmountInForce', window );">Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">$ 43.5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAmountInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">$ 61.6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAmountInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce', window );">% of Insurance in Force</a></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">9.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce[us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember]" onclick="toggleNextSibling(this);">11.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_NonUnitedStatesMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ParticipatingPoliciesAmountInForce">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount as of the balance sheet date of the participating business in force.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6483535&amp;loc=d3e16392-158451<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ParticipatingPoliciesAmountInForce</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This percent places participating policies in the numerator and insurance contracts in force in the denominator. Participating insurance contracts allow policyholders to share in the experience of the entity, primarily through policy dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.14(b)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6483535&amp;loc=d3e16392-158451<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 14<br><br> -Subparagraph b<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_PR">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_PR</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_US">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_US</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_CA">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_CA</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_FL">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_FL</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_IL">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_IL</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_MI">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_MI</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_NJ">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_NJ</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_NY">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_NY</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_PA">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_PA</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_TX">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_TX</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_WA">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_WA</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>94
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/**
 * Rivet Software Inc.
 *
 * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved.
 * Version 2.4.0.3
 *
 */

var Show = {};
Show.LastAR = null,

Show.hideAR = function(){
	Show.LastAR.style.display = 'none';
};

Show.showAR = function ( link, id, win ){
	if( Show.LastAR ){
		Show.hideAR();
	}

	var ref = link;
	do {
		ref = ref.nextSibling;
	} while (ref && ref.nodeName != 'TABLE');

	if (!ref || ref.nodeName != 'TABLE') {
		var tmp = win ?
			win.document.getElementById(id) :
			document.getElementById(id);

		if( tmp ){
			ref = tmp.cloneNode(true);
			ref.id = '';
			link.parentNode.appendChild(ref);
		}
	}

	if( ref ){
		ref.style.display = 'block';
		Show.LastAR = ref;
	}
};

Show.toggleNext = function( link ){
	var ref = link;

	do{
		ref = ref.nextSibling;
	}while( ref.nodeName != 'DIV' );

	if( ref.style &&
		ref.style.display &&
		ref.style.display == 'none' ){
		ref.style.display = 'block';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '+', '-' );
		}else{
			link.innerText = link.innerText.replace( '+', '-' );
		}
	}else{
		ref.style.display = 'none';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '-', '+' );
		}else{
			link.innerText = link.innerText.replace( '-', '+' );
		}
	}
};
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>95
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EAYDI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Consolidated Statement Of Changes In Shareholders' Equity (USD $)<br>In Millions, except Share data</strong></div>
        </th>
        <th class="th">
          <div>Total

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Parent [Member]

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Common Stock [Member]

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Additional Paid In Capital [Member]

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Retained Earnings [Member]

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Accumulated Other Comprehensive Income (Loss) [Member]

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Treasury Stock [Member]

</div>
          <div>USD ($)</div>
        </th>
        <th class="th">
          <div>Preferred Stock [Member]</div>
        </th>
        <th class="th">
          <div>Preferred Stock Of Subsidiary And Noncontrolling Interest [Member]

</div>
          <div>USD ($)</div>
        </th>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Balance as of at Dec. 31, 2011</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 1,723</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">$ 1,700</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">$ 275</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">$ 3,072</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">$ 805</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">$ (176)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="num"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">$ (2,276)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember]" onclick="toggleNextSibling(this);">$ 23</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</span><span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) as of at Dec. 31, 2011</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">1,315</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) as of at Dec. 31, 2011</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">274,896,162</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(81,752,966)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Share-based compensation, net of tax of $7; $4 and $2</a></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation', window );">Share-based compensation (in shares)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">2,508,877</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">19,436</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MinorityInterestDecreaseFromRedemptions', window );">Change in noncontrolling interest in subsidiary</a></td>
        <td class="num"><a title="us-gaap_MinorityInterestDecreaseFromRedemptions" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MinorityInterestDecreaseFromRedemptions</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_MinorityInterestDecreaseFromRedemptions[us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MinorityInterestDecreaseFromRedemptions<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</span><span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Balance as of at Dec. 31, 2012</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" onclick="toggleNextSibling(this);">3,194</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">3,173</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">277</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">3,076</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">2,039</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="num"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(2,275)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</span><span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) as of at Dec. 31, 2012</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">1,315</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) as of at Dec. 31, 2012</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">277,405,039</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(81,733,530)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">(142)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Share-based compensation, net of tax of $7; $4 and $2</a></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(36)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation', window );">Share-based compensation (in shares)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">407,391</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(3,292,641)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValueAcquiredCostMethod', window );">Treasury shares acquired</a></td>
        <td class="num"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod</span><span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury shares acquired (in shares)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(536,375)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Balance as of at Dec. 31, 2013</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" onclick="toggleNextSibling(this);">3,299</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">3,278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">3,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">2,289</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="num"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(2,318)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</span><span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) as of at Dec. 31, 2013</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">1,315</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) as of at Dec. 31, 2013</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued" onclick="toggleNextSibling(this);">277,812,430</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">277,812,430</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(85,562,546)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">107</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Share-based compensation, net of tax of $7; $4 and $2</a></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation', window );">Share-based compensation (in shares)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">3,540,352</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(513,267)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValueAcquiredCostMethod', window );">Treasury shares acquired</a></td>
        <td class="num"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod" onclick="toggleNextSibling(this);">(35)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod</span><span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">(35)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(35)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury shares acquired (in shares)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(3,334,074)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Balance as of at Dec. 31, 2014</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" onclick="toggleNextSibling(this);">$ 3,950</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember]" onclick="toggleNextSibling(this);">$ 3,929</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_ParentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">$ 281</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember]" onclick="toggleNextSibling(this);">$ 3,128</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AdditionalPaidInCapitalMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember]" onclick="toggleNextSibling(this);">$ 2,858</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_RetainedEarningsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">$ 21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="num"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">$ (2,359)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest[us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember]" onclick="toggleNextSibling(this);">$ 21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest<br>/ us-gaap_StatementEquityComponentsAxis<br>= mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</span><span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) as of at Dec. 31, 2014</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">1,315</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) as of at Dec. 31, 2014</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued" onclick="toggleNextSibling(this);">281,352,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember]" onclick="toggleNextSibling(this);">281,352,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_CommonStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_CommonStockSharesIssued[us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember]" onclick="toggleNextSibling(this);">(89,409,887)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_TreasuryStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MinorityInterestDecreaseFromRedemptions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Decrease in noncontrolling interest (for example, but not limited to, redeeming or purchasing the interests of noncontrolling shareholders, issuance of shares (interests) by the non-wholly owned subsidiary to the parent entity for other than cash, and a buyback of shares (interest) by the non-wholly owned subsidiary from the noncontrolling interests).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 23<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569655-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4616395-111683<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MinorityInterestDecreaseFromRedemptions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569643-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4569616-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18733093&amp;loc=SL4573702-111684<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568447-111683<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7656940&amp;loc=SL4568740-111683<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 4I<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31814832&amp;loc=SL4590271-111686<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (d)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockSharesAcquired">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares that have been repurchased during the period and are being held in treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockSharesAcquired</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValueAcquiredCostMethod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockValueAcquiredCostMethod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EDAAG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Consolidated Balance Sheets (Parenthetical) (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">$ 6,509</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">$ 6,824</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock, par value</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, authorized shares</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesAuthorized" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesAuthorized</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesAuthorized" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesAuthorized</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, issued</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock, outstanding</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
        <td class="nump"><a title="us-gaap_CommonStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockParOrStatedValuePerShare</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockParOrStatedValuePerShare</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, authorized shares</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesAuthorized" onclick="toggleNextSibling(this);">400,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesAuthorized</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesAuthorized" onclick="toggleNextSibling(this);">400,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesAuthorized</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, issued shares</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued" onclick="toggleNextSibling(this);">281,352,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued" onclick="toggleNextSibling(this);">277,812,430</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax', window );">Accumulated other comprehensive income (loss), taxes</a></td>
        <td class="nump"><a title="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax</span><span></span></td>
        <td class="nump"><a title="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockShares" onclick="toggleNextSibling(this);">89,409,887</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockShares</span><span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockShares" onclick="toggleNextSibling(this);">85,562,546</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockShares</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">5,036</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">5,064</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost', window );">Investments pledged as collateral, amortized cost</a></td>
        <td class="nump"><a title="mbi_InvestmentsPledgedAsCollateralAmortizedCost[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">441</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentsPledgedAsCollateralAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="mbi_InvestmentsPledgedAsCollateralAmortizedCost[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">483</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentsPledgedAsCollateralAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost', window );">Short-term investments held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,069</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtFairValue', window );">Other investments, fair value</a></td>
        <td class="nump"><a title="us-gaap_InvestmentOwnedAtFairValue[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InvestmentOwnedAtFairValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_InvestmentOwnedAtFairValue[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InvestmentOwnedAtFairValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayableFairValueDisclosure', window );">Medium-term notes, financial instruments carried at fair value</a></td>
        <td class="nump"><a title="us-gaap_NotesPayableFairValueDisclosure[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayableFairValueDisclosure<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NotesPayableFairValueDisclosure[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayableFairValueDisclosure<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFairValue', window );">Variable interest entity notes, financial instruments carried at fair value</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentFairValue[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 2,047</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentFairValue<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentFairValue[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 2,356</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentFairValue<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated other comprehensive income loss, deferred income tax</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amortized cost of investments pledged as collateral.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InvestmentsPledgedAsCollateralAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amortized cost of short-term investments in debt and equity securities and other forms of securities that provide ownership interests classified as available-for-sale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of common stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockParOrStatedValuePerShare</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13476-108611<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedAtFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of the investment at close of period. For schedules of investments that are categorized, the value would be aggregated by category. For investment in and advances to affiliates, if operations of any controlled companies are different in character from those of the company, group such affiliates within divisions and by type of activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 13<br><br> -Paragraph Column C<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 14<br><br> -Paragraph Column E<br><br> -Article 12<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.12-12.Column C.3,4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611133-123010<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 4<br><br> -Subparagraph (SX 210.12-12C.Column C.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611225-123010<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 6<br><br> -Subparagraph (SX 210.12-14.Column E.2,3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611322-123010<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 5<br><br> -Subparagraph (SX 210.12-13.Column C.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611282-123010<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 12<br><br> -Paragraph Column C<br><br> -Article 12<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 12<br><br> -Paragraph 3, 4<br><br> -Article 12<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 14<br><br> -Paragraph 2, 3<br><br> -Article 12<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 13<br><br> -Paragraph 6<br><br> -Article 12<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 12C<br><br> -Paragraph 7<br><br> -Article 12<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 12C<br><br> -Paragraph Column C<br><br> -Article 12<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InvestmentOwnedAtFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayableFairValueDisclosure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value portion of notes payable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 20, 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.19,20,22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NotesPayableFairValueDisclosure</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockParOrStatedValuePerShare</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesAuthorized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>97
<FILENAME>R17.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Investments<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MarketableSecuritiesTextBlock', window );">Investments</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 8: Investments</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;' >Investments, excluding those elected under the fair value option, include debt and equity securities classified as either </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > or HTM. Other</font><font style='font-family:Times New Roman;font-size:10pt;' > AFS </font><font style='font-family:Times New Roman;font-size:10pt;' >invest</font><font style='font-family:Times New Roman;font-size:10pt;' >ments </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily comprised </font><font style='font-family:Times New Roman;font-size:10pt;' >money market funds. </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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</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;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >, corresponding gross unrealized gains and losses and </font><font style='font-family:Times New Roman;font-size:10pt;' >ot</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r-</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ry</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >nt</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;OTTI&#8221;) for AFS and HTM investments in the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >te</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >tf</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >631</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >39</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >667</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,644</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >94</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,730</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >283</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >290</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,984</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >44</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(92)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,936</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(86)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,116</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,126</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >54</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >53</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >113</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >92</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >231</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >222</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,075</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >208</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(147)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,136</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(90)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >422</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,509</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >209</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(147)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,571</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(90)</font></td></tr><tr style='height:8.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >77</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:16.5pt;' ><td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='14' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >528</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(9)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >535</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,831</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(73)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,780</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >184</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >189</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,682</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(38)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,668</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,167</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(31)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,146</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >79</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >87</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >205</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(57)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >151</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >187</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,897</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >96</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(229)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,764</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >781</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >781</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities </font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >136</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >136</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,824</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >97</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(229)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,692</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td></tr><tr style='height:5.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,801</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,651</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,801</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >31</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,651</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:14.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='20' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><div><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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >bu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS and HTM f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >-m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >securities </font><font style='font-family:Times New Roman;font-size:10pt;' >at a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Con</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ua</font><font style='font-family:Times New Roman;font-size:10pt;' >l m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >bo</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >s m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >igh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:12.75pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated VIEs</font></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due in one year or less</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >806</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >806</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after one year through five years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,388</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,412</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after five years through ten years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >889</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >914</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after ten years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,459</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,491</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed and asset-backed</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,533</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,513</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,075</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >6,136</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,757</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2,632</font></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Deposited and Pledged Securities</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >depo</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >egu</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >au</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ho</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s</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;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > for both periods</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >epo</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re r</font><font style='font-family:Times New Roman;font-size:10pt;' >equi</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >law</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > obligations </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >equ</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >ple</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >al. </font><font style='font-family:Times New Roman;font-size:10pt;' >Securities pledged in connection with </font><font style='font-family:Times New Roman;font-size:10pt;' >investment agreement</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > may not be repled</font><font style='font-family:Times New Roman;font-size:10pt;' >ged by the investment agreement </font><font style='font-family:Times New Roman;font-size:10pt;' >counterparty</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >ledge</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >olla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > for these </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >app</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</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;' >532</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >llio</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >735</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lion</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;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >olla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ipal</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >R</font><font style='font-family:Times New Roman;font-size:10pt;' >MBS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >S</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ry</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >go</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >cy</font><font style='font-family:Times New Roman;font-size:10pt;' > bonds</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;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >hel</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >j</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >S.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ban</font><font style='font-family:Times New Roman;font-size:10pt;' >ks.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >ddi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >all</font><font style='font-family:Times New Roman;font-size:10pt;' >y,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pledg</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >sh </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d m</font><font style='font-family:Times New Roman;font-size:10pt;' >one</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >rk</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >oll</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</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;' >26</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lio</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >22</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >y.</font></p></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >m</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >p</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >re</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >d</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >v</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >me</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >ts</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >related to AFS and HTM investments </font><font style='font-family:Times New Roman;font-size:10pt;' >as o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >372</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >257</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >317</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >468</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >251</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(91)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >719</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(92)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >387</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >403</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >81</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(21)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(21)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >113</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >845</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(145)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,065</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(147)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >851</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(145)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,071</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(147)</font></td></tr><tr style='height:7.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total HTM investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(202)</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='17' rowspan='1' style='width:322.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:322.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >269</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >270</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,112</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(65)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,161</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(73)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >788</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(30)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >870</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(38)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >713</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >857</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(31)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >124</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(57)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(57)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >78</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,973</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >479</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(101)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,452</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(229)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,978</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >479</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(101)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,457</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(229)</font></td></tr><tr style='height:6.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total HTM investments</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(181)</font></td></tr></table></div><div><p style='text-align:justify;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Gross unrealized losses on </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;' >securities decreased </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > compared with </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > primarily due to </font><font style='font-family:Times New Roman;font-size:10pt;' >market price appreciation caused by declining interest rates. </font><font style='font-family:Times New Roman;font-size:10pt;' >Gross unrealized losses on </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >securities </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >creased </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > compared with </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > primarily due to </font><font style='font-family:Times New Roman;font-size:10pt;' >market price </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >preciation caused by the </font><font style='font-family:Times New Roman;font-size:10pt;' >widenin</font><font style='font-family:Times New Roman;font-size:10pt;' >g of credit spreads.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >With the weighting applied on the fair value of each security relative to the total fair value, the weigh</font><font style='font-family:Times New Roman;font-size:10pt;' >ted average contractual maturity of securities in an unrealized loss position as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > was </font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >18</font><font style='font-family:Times New Roman;font-size:10pt;' > years</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, there were </font><font style='font-family:Times New Roman;font-size:10pt;' >143</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >77</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, respectively, that were in an unrealized loss position for a continuous twelve-month period or longer, of which the </font><font style='font-family:Times New Roman;font-size:10pt;' >fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > of </font><font style='font-family:Times New Roman;font-size:10pt;' >23</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, respectively, </font><font style='font-family:Times New Roman;font-size:10pt;' >were below book</font><font style='font-family:Times New Roman;font-size:10pt;' > value by more than </font><font style='font-family:Times New Roman;font-size:10pt;' >5</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;' >The following table presents the distribution of securities in an unrealized loss position for a continuous twelve-month period or </font><font style='font-family:Times New Roman;font-size:10pt;' >longer</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >where</font><font style='font-family:Times New Roman;font-size:10pt;' > fair value</font><font style='font-family:Times New Roman;font-size:10pt;' > was</font><font style='font-family:Times New Roman;font-size:10pt;' > below book value by more than 5% as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:9pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage of Fair Value</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:9pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Below Book Value</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 5% to 15%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 58</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 53</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 15% to 25%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 78</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 61</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 25% to 50%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 575</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 373</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 50%</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 3</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 129</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 25</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:112.5pt;text-align:left;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 22</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >140</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 1</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >575</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >373</font></td></tr></table></div><div><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;' >The following table presents the fair value</font><font style='font-family:Times New Roman;font-size:10pt;' > and gros</font><font style='font-family:Times New Roman;font-size:10pt;' >s unrealized loss</font><font style='font-family:Times New Roman;font-size:10pt;' > by credit rating category of</font><font style='font-family:Times New Roman;font-size:10pt;' > ABS, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBS</font><font style='font-family:Times New Roman;font-size:10pt;' > and corporate obligations</font><font style='font-family:Times New Roman;font-size:10pt;' > included in the Company&#8217;s consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS </font><font style='font-family:Times New Roman;font-size:10pt;' >investment portfolio as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for which fair value was </font><font style='font-family:Times New Roman;font-size:10pt;' >less than amortized cost. The credit ratings are based on ratings from Moody&#8217;s as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >or an alternate ratings source, such as S&amp;P, when a security is not rated by Moody&#8217;s. For investments that are insured by various third-party guarante</font><font style='font-family:Times New Roman;font-size:10pt;' >e insurers, the credit rating reflects the higher of the insurer&#8217;s rating or the underlying bond&#8217;s rating.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:left;border-color:Black;min-width:21pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='5' rowspan='1' style='width:63pt;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Below</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:24.75pt;text-align:left;border-color:Black;min-width:24.75pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Aaa</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:62.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:62.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Aa</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Baa</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='5' rowspan='1' style='width:63pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Investment Grade</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='5' rowspan='1' style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Not Rated</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='5' rowspan='1' style='width:68.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:25.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:21pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:3pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:29.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:1.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Asset Type</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:29.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >ABS </font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >55</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >69</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(31)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:24.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >195</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(33)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >MBS</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >412</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:16.5pt;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:24.75pt;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >442</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(11)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:76.5pt;text-align:left;border-color:Black;min-width:76.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >249</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >201</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >203</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:16.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >40</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:18.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >23</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(86)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:24.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >719</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(92)</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >719</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >258</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >213</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >81</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(31)</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >38</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(90)</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:24.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:24.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,356</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(136)</font></td></tr></table></div><div><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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >total ABS, MBS and corporate obligations reported in the preceding table include those which are guaranteed by financial guarantors. In addition, the following table presents informatio</font><font style='font-family:Times New Roman;font-size:10pt;' >n on ABS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBS </font><font style='font-family:Times New Roman;font-size:10pt;' >guaranteed by the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company </font><font style='font-family:Times New Roman;font-size:10pt;' >and third-party financial guarantors.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insured Securities Rated Below</font></td></tr><tr style='height:8.25pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:138pt;text-align:center;border-color:Black;min-width:138pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Investment Grade without the</font></td></tr><tr style='height:9pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:138pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:138pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Effect of Guarantee</font></td></tr><tr style='height:9pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average Credit Rating with the</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average Credit Rating without the</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(in millions)</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Asset Type</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Effect of Guarantee</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Effect of Guarantee</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:70.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:70.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage</font></td></tr><tr style='height:12pt;' ><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ABS</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Baa</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Below Investment Grade</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >%</font></td></tr><tr style='height:12pt;' ><td style='width:93pt;text-align:left;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBS</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Below Investment Grade</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Below Investment Grade</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63pt;text-align:right;border-color:Black;min-width:63pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >%</font></td></tr></table></div><div><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;' >Refer to the table in the &#8220;Determination of Credit Loss Guaranteed by the Company and Other Third-Party Guarantors&#8221; section within the </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > section of this note for information on the insured securities included in the table above. </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 Company concluded t</font><font style='font-family:Times New Roman;font-size:10pt;' >hat it does not have the intent to sell securities in an unrealized loss position and it is more likely than not, that it w</font><font style='font-family:Times New Roman;font-size:10pt;' >ould</font><font style='font-family:Times New Roman;font-size:10pt;' > not have to sell these securities before recovery of their cost basis. In making this conclusion, the Company examined the cash </font><font style='font-family:Times New Roman;font-size:10pt;' >flow projections for its investment portfolios, the potential sources and uses of cash in its businesses, and the cash resources available to its business other than sales of securities. It also considered the existence of any risk management or other plan</font><font style='font-family:Times New Roman;font-size:10pt;' >s as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >that would require the sale of impaired securities. Impaired securities that the Company intends to sell before the expected recovery of such securities&#8217; fair values have been written down to fair value.</font></p></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Other-Than-Temporary Impairments</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;' >Evaluating AFS Securities for OTTI</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has an ongoing review process for all securities in its investment portfolio, including a quarterly assessment of </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' >. This evaluation includes both qualitative and </font><font style='font-family:Times New Roman;font-size:10pt;' >quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (i) the magnitude and duration of declines in fair value; (ii) the reasons for the decline</font><font style='font-family:Times New Roman;font-size:10pt;' >s in fair value, such as general credit spread movements in each asset-backed sector, transaction-specific changes in credit spreads, credit rating downgrades, modeled defaults, and principal and interest payment priorities within each investment structure</font><font style='font-family:Times New Roman;font-size:10pt;' >; and (iii) any guarantees associated with a security such as those provided by financial guarantee insurance companies, including MBIA Corp. and National.</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 calculating credit-related losses, the Company utilizes cash flow modeling based on the type of s</font><font style='font-family:Times New Roman;font-size:10pt;' >ecurity. The Company&#8217;s cash flow analysis considers all sources of cash, including credit enhancement, that support the payment of amounts owed by an issuer of a security. This includes the consideration of cash expected to be provided by financial guarant</font><font style='font-family:Times New Roman;font-size:10pt;' >ors, including MBIA Corp., resulting from an actual or potential insurance policy claim. In general, any change in the amount and/or timing of cash flows received or expected to be received, whether or not such cash flows are contractually defined, is refl</font><font style='font-family:Times New Roman;font-size:10pt;' >ected in the Company&#8217;s cash flow analysis for purposes of assessing an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss on an impaired security.</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;' >Each quarter, an internal committee, comprising staff that is independent of the Company&#8217;s evaluation process for determining </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI </font><font style='font-family:Times New Roman;font-size:10pt;' >of securities, revi</font><font style='font-family:Times New Roman;font-size:10pt;' >ews and approves the valuation of investments. Among other responsibilities, this committee ensures that the Company&#8217;s process for identifying and calculating </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' >, including the use of models and assumptions, is reasonable and complies with the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >internal policy</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Determination of Credit Loss on ABS, MBS and Corporate Obligations</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;' >ABS investments are eval</font><font style='font-family:Times New Roman;font-size:10pt;' >uated for </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > using historical collateral performance, deal waterfall and structural protections, credit ratings, and forward looking projections of collateral performance based on business and economic conditions specific to each collateral type and risk</font><font style='font-family:Times New Roman;font-size:10pt;' >. The underlying collateral is evaluated to identify any specific performance concerns, and stress scenarios are considered in forecasting ultimate returns of principal. Based on this evaluation, if a principal default is projected for a security, estimate</font><font style='font-family:Times New Roman;font-size:10pt;' >d future cash flows are discounted at the security&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > interest rate used to recognize interest income on the security</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >For CDO investments, the Company utilizes the same tools as its RMBS investments discussed below, aggregating the bond level cash flows to</font><font style='font-family:Times New Roman;font-size:10pt;' > the CDO investment level. </font><font style='font-family:Times New Roman;font-size:10pt;' >If the present value of cash flows is less than the Company&#8217;s amortized cost for the security, the difference is recorded as an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss.</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;' >RMBS investments are evaluated for </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > using </font><font style='font-family:Times New Roman;font-size:10pt;' >several </font><font style='font-family:Times New Roman;font-size:10pt;' >quantitative tools. Loan level data </font><font style='font-family:Times New Roman;font-size:10pt;' >is</font><font style='font-family:Times New Roman;font-size:10pt;' > obtained and analyzed in a model that produces prepayment, default, and severity vectors. The model utilizes macro inputs, including housing price assumptions and interest rates. The vector outputs are used as inputs to a third-party cash flow model, whic</font><font style='font-family:Times New Roman;font-size:10pt;' >h considers deal waterfall dynamics and structural features, to generate cash flows for an RMBS investment. The </font><font style='font-family:Times New Roman;font-size:10pt;' >expected cash flows of the security are</font><font style='font-family:Times New Roman;font-size:10pt;' > then discounted at the </font><font style='font-family:Times New Roman;font-size:10pt;' >interest rate used to recognize interest income of the </font><font style='font-family:Times New Roman;font-size:10pt;' >security</font><font style='font-family:Times New Roman;font-size:10pt;' > to arrive at a pr</font><font style='font-family:Times New Roman;font-size:10pt;' >esent value amount</font><font style='font-family:Times New Roman;font-size:10pt;' >. If the present value of the cash flows is less than the Company&#8217;s amortized cost for the investment, the difference is recorded as an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss.</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;' >Corporate obligation investments are evaluated for </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > using credit analysis techniques. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company&#8217;s analysis includes a detailed review of a number of quantitative and qualitative factors impacting the value of an individual security. These factors include the interest rate of the security (fixed or floating), the security&#8217;s current market s</font><font style='font-family:Times New Roman;font-size:10pt;' >pread, any collateral supporting the security, the security&#8217;s position in the issuer&#8217;s capital structure, and credit rating upgrades or downgrades. Additionally, these factors include an assessment of various issuer-related credit metrics including market </font><font style='font-family:Times New Roman;font-size:10pt;' >capitalization, earnings, cash flow, capitalization, interest coverage, leverage, liquidity, management and a third-party quantitative default probability model. The Company&#8217;s analysis is augmented by comparing market prices for similar securities of other</font><font style='font-family:Times New Roman;font-size:10pt;' > issuers in the same sector, as well as any recent corporate or government actions that may impact the ultimate return of principal. If the Company determines that</font><font style='font-family:Times New Roman;font-size:10pt;' > a principal default is projected, a recovery analysis is p</font><font style='font-family:Times New Roman;font-size:10pt;' >erformed using the above data. If the Company&#8217;s estimated recovery value for the security is less than its amortized cost, the difference is recorded as an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss. </font></p></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Determination of Credit Loss Guaranteed by the Company and Other Third-Party Guarantors</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company does not record </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > related to credit concerns about issuers of securities insured by MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Corp. and National since investors in these securities, including MBIA, are guaranteed payment of principal and interest when due by MBIA. Securities insured by the Company, whether or not owned by the Company, are evaluated for impairment as part of its </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance surveillance process and, therefore, losses on securities insured by the Company are recorded in accordance with its loss reserving policy. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 2: Significant Accounting Policies</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >included herein</font><font style='font-family:Times New Roman;font-size:10pt;' > for </font><font style='font-family:Times New Roman;font-size:10pt;' >information about the Company&#8217;s loss reserving policy and &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for information about loss reserves.</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 considering cash expected to be provided from other third-party </font><font style='font-family:Times New Roman;font-size:10pt;' >financial guarantors, the Company assesses the financial guarantor&#8217;s ability to make claim payments under a variety of scenarios that test the guarantor&#8217;s ultimate claims paying ability. The weighted average outcome of these scenarios, combined with the ca</font><font style='font-family:Times New Roman;font-size:10pt;' >sh flows provided by the insured security, are used to determine the recoverability of the Company&#8217;s amortized cost.</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;' >The following table provides information about securities held by the Company as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > that were in an unrealized loss po</font><font style='font-family:Times New Roman;font-size:10pt;' >sition and insured by a financial guarantor, along with the amount of insurance loss reserves corresponding to the par amount owned by the Company:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reserve </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(2)</font></sup></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >113</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(31)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total asset-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(33)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total mortgage-backed</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:145.5pt;text-align:left;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37)</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:15.75pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:60pt;' ></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes investments insured by MBIA Corp. and National.</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td><td colspan='12' rowspan='1' style='width:408pt;text-align:left;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</font></td><td style='width:66pt;text-align:left;border-color:Black;min-width:66pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Credit Loss Rollforward</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >-m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ep</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >edit lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >ni</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</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;' >F</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >ne</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ogn</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ning</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ep</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >wee</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >of i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >j</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >sh </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</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;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ain</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >wee</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >and a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ogn</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >llow</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ab</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >edi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pai</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >ni</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >nin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >da</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</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;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wh</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >h a </font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >og</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI, </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >din</font><font style='font-family:Times New Roman;font-size:10pt;' >g c</font><font style='font-family:Times New Roman;font-size:10pt;' >hang</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</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;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >unts. For </font><font style='font-family:Times New Roman;font-size:10pt;' >2014, the Company recognized </font><font style='font-family:Times New Roman;font-size:10pt;' >additional</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >credit loss impairment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > by discounting the projected cash flows to estimate the portion of loss in value attributable to the credit. This OTTI loss was </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >related to a corporate obligation security that incurred liquidity concerns, downgrades in credit and other adverse f</font><font style='font-family:Times New Roman;font-size:10pt;' >inancial conditions</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The</font><font style='font-family:Times New Roman;font-size:10pt;' > additional credit loss impairment in </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily related to CDO</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > that </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company considered the fair value to be the most relevant indicator of the recovery value.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:185.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit Losses Recognized in Earnings Related to OTTI</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:11.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:11.25pt;text-align:center;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Beginning balance</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >341</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities not previously impaired</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities previously impaired</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >on securities sold during the period</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(174)</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(41)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized on securities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >impaired to fair value during the period</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(111)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for increases in cash flows expected to be collected over the</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:330pt;text-align:left;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >remaining life of the security</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:337.5pt;text-align:left;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ending balance</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:11.25pt;text-align:right;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:13.5pt;' ><td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents circumstances where the Company determined in the current period that it intends to sell the security or it is more likely than not that it will be</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td colspan='11' rowspan='1' style='width:531.75pt;text-align:left;border-color:Black;min-width:531.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > required to sell the security before recovery of the security&#39;s amortized cost.</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9pt;' ><td colspan='3' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Sales of Available-for-Sale Investments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Gross r</font><font style='font-family:Times New Roman;font-size:10pt;' >eali</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > are recorded within &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&#8221; on the Company&#8217;s consolidated statements of operations. The proceeds and the </font><font style='font-family:Times New Roman;font-size:10pt;' >gross realized gains and losses from sales of fixed-maturity securities held as AFS for </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended December 31, 2014, 2013 and 2012</font><font style='font-family:Times New Roman;font-size:10pt;' > are as follows: </font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='8' rowspan='1' style='width:240pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:240pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Proceeds from sales</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >757</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,726</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,658</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized gains </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >196</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized losses</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(29)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(127)</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:3pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:131.25pt;text-align:left;border-color:Black;min-width:131.25pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='11' rowspan='1' style='width:390pt;text-align:left;border-color:Black;min-width:390pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MarketableSecuritiesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2,12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27161-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MarketableSecuritiesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>98
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E5AAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Change In Unrecognized Tax Benefits) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward', window );"><strong>ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Unrecognized tax benefit, Beginning balance</a></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefits" onclick="toggleNextSibling(this);">$ 65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefits</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefits" onclick="toggleNextSibling(this);">$ 47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefits</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefits" onclick="toggleNextSibling(this);">$ 47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefits</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions', window );">The gross amount of the increase in the UTB as a result of tax positions taken: During a prior year</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions', window );">The gross amount of the decrease in the UTB as a result of tax positions taken: During a prior year</a></td>
        <td class="num"><a title="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions" onclick="toggleNextSibling(this);">(61)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions', window );">The gross amount of the increase in the UTB as a result of tax positions taken: During the current year</a></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities', window );">The amounts of decreases in the UTB related to settlements with taxing authorities</a></td>
        <td class="num"><a title="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations', window );">The reduction in the UTB as a result of the applicable statute of limitations</a></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Unrecognized tax benefit, Ending balance</a></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefits" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefits</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefits" onclick="toggleNextSibling(this);">$ 65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefits</span><span></span></td>
        <td class="nump"><a title="us-gaap_UnrecognizedTaxBenefits" onclick="toggleNextSibling(this);">$ 47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrecognizedTaxBenefits</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefits">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Unrecognized Tax Benefit<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6527854<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefits</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of decrease in unrecognized tax benefits resulting from settlements with taxing authorities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase in unrecognized tax benefits resulting from tax positions taken in prior period tax returns.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of decrease in unrecognized tax benefits resulting from lapses of applicable statutes of limitations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>99
<FILENAME>R93.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ENZBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Debt (Narrative) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="4">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Jan. 16, 2008</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity', window );">Aggregate principal amount in excess of stated amount</a></td>
        <td class="nump"><a title="mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" onclick="toggleNextSibling(this);"> 10</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SurplusNotes', window );">Surplus notes outstanding</a></td>
        <td class="nump"><a title="us-gaap_SurplusNotes" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SurplusNotes</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_SurplusNotes" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SurplusNotes</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_SurplusNotes" onclick="toggleNextSibling(this);">1,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SurplusNotes</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurplusNotesAtParValueOwnedByCorporateSegment', window );">Surplus notes purchased at par value</a></td>
        <td class="nump"><a title="mbi_SurplusNotesAtParValueOwnedByCorporateSegment" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_SurplusNotesAtParValueOwnedByCorporateSegment</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SeniorNotesAtParValueOwnedByNational', window );">Senior notes at par value owned by National</a></td>
        <td class="nump"><a title="mbi_SeniorNotesAtParValueOwnedByNational" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">mbi_SeniorNotesAtParValueOwnedByNational</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurplusNotesRepurchasedAtOutstandingParValue', window );">Surplus notes repurchased at outstanding par value</a></td>
        <td class="nump"><a title="mbi_SurplusNotesRepurchasedAtOutstandingParValue" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">mbi_SurplusNotesRepurchasedAtOutstandingParValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurplusNotesWeightedAveragePricePerUnit', window );">Surplus notes, weighted average price per unit</a></td>
        <td class="nump"><a title="mbi_SurplusNotesWeightedAveragePricePerUnit" onclick="toggleNextSibling(this);">77.08</a><span style="display:none;white-space:normal;text-align:left;">mbi_SurplusNotesWeightedAveragePricePerUnit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount" onclick="toggleNextSibling(this);">592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentCarryingAmount" onclick="toggleNextSibling(this);">592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentCarryingAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember', window );">MBIA Inc Senior Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_MbiaIncSeniorNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestPayableCurrentAndNoncurrent[us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPayableCurrentAndNoncurrent<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_MbiaIncSeniorNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember', window );">MBIA Corp Surplus Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentage[us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember]" onclick="toggleNextSibling(this);">14.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentage<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_MbiaCorpSurplusNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateTerms', window );">Interest rate terms</a></td>
        <td class="text">interest rate of 14% until January&#xA0;15, 2013 and thereafter have an interest rate of three-month LIBOR plus 11.26%<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis', window );">Debt instrument, base reference rate</a></td>
        <td class="text">three-month LIBOR<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1', window );">Debt instrument, basis spread on variable rate</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1[us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember]" onclick="toggleNextSibling(this);">11.26%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentBasisSpreadOnVariableRate1<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_MbiaCorpSurplusNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum', window );">Annual interest rates, minimum</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum', window );">Annual interest rates, maximum</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">9.08%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">8.93%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtWeightedAverageInterestRate', window );">Weighted average interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtWeightedAverageInterestRate[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">2.44%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtWeightedAverageInterestRate<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtWeightedAverageInterestRate[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember]" onclick="toggleNextSibling(this);">2.67%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtWeightedAverageInterestRate<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member] | Conduits [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentRepurchasedFaceAmount', window );">Par value redeemed</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentRepurchasedFaceAmount[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember;us-gaap_ProductOrServiceAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">129</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentRepurchasedFaceAmount<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_ProductOrServiceAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentRepurchasedPercentOfParValue', window );">Weighted average percent of par</a></td>
        <td class="nump"><a title="mbi_DebtInstrumentRepurchasedPercentOfParValue[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember;us-gaap_ProductOrServiceAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">97.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_DebtInstrumentRepurchasedPercentOfParValue<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_ProductOrServiceAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member] | Global Funding Limited [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentRepurchasedFaceAmount', window );">Par value redeemed</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentRepurchasedFaceAmount[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember;us-gaap_ProductOrServiceAxis=mbi_GlobalFundingLimitedMember]" onclick="toggleNextSibling(this);"> 122</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentRepurchasedFaceAmount<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_ProductOrServiceAxis<br>= mbi_GlobalFundingLimitedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentRepurchasedPercentOfParValue', window );">Weighted average percent of par</a></td>
        <td class="nump"><a title="mbi_DebtInstrumentRepurchasedPercentOfParValue[us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember;us-gaap_ProductOrServiceAxis=mbi_GlobalFundingLimitedMember]" onclick="toggleNextSibling(this);">98.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_DebtInstrumentRepurchasedPercentOfParValue<br>/ us-gaap_CreditFacilityAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_ProductOrServiceAxis<br>= mbi_GlobalFundingLimitedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember', window );">Investment Agreement Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum', window );">Annual interest rates, minimum</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum[us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">3.48%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum<br>/ us-gaap_CreditFacilityAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum[us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">0.21%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum<br>/ us-gaap_CreditFacilityAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum', window );">Annual interest rates, maximum</a></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum[us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">7.38%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum<br>/ us-gaap_CreditFacilityAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum[us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">7.38%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum<br>/ us-gaap_CreditFacilityAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtWeightedAverageInterestRate', window );">Weighted average interest rate</a></td>
        <td class="nump"><a title="us-gaap_DebtWeightedAverageInterestRate[us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">5.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtWeightedAverageInterestRate<br>/ us-gaap_CreditFacilityAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DebtWeightedAverageInterestRate[us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember]" onclick="toggleNextSibling(this);">5.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DebtWeightedAverageInterestRate<br>/ us-gaap_CreditFacilityAxis<br>= mbi_InvestmentAgreementObligationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="6"></td>
      </tr>
      <tr>
        <td colspan="6">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate Principal Amount In Excess Of FailureTo Make Payment At Maturity</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentRepurchasedPercentOfParValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Debt instruments repurchased weighted average percent of par value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DebtInstrumentRepurchasedPercentOfParValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SeniorNotesAtParValueOwnedByNational">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Par value of MBIA Inc. senior notes owned by National as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SeniorNotesAtParValueOwnedByNational</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurplusNotesAtParValueOwnedByCorporateSegment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Surplus Notes At Par Value Owned By Corporate Segment</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurplusNotesAtParValueOwnedByCorporateSegment</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurplusNotesRepurchasedAtOutstandingParValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Surplus Notes Repurchased At Outstanding Par Value</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurplusNotesRepurchasedAtOutstandingParValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurplusNotesWeightedAveragePricePerUnit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Surplus Notes Weighted Average Price Per Unit</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SurplusNotesWeightedAveragePricePerUnit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>us-types:perUnitItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage points added to the reference rate to compute the variable rate on the debt instrument.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentBasisSpreadOnVariableRate1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 16<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentDescriptionOfVariableRateBasis</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentage">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Contractual interest rate for funds borrowed, under the debt agreement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22(a)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentage</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum contractual interest rate for funds borrowed, under the debt agreement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22(a)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Minimum contractual interest rate for funds borrowed, under the debt agreement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22(a)(2))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateTerms">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22(a)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateTerms</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentRepurchasedFaceAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face (par) amount of the original debt instrument that was repurchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentRepurchasedFaceAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtWeightedAverageInterestRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average interest rate of debt outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtWeightedAverageInterestRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPayableCurrentAndNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of interest payable on debt, including, but not limited to, trade payables.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.15(5))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.15(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph a<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph 5<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestPayableCurrentAndNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SurplusNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Financial instruments issued by insurance entities (surplus notes) that are includable in surplus for statutory accounting purposes as prescribed or permitted by state laws and regulations that are liabilities of the issuer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 470<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486086&amp;loc=d3e24387-158525<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SurplusNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>100
<FILENAME>R91.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EBNBI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail) (Not Designated as Hedging Instrument [Member], USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount" onclick="toggleNextSibling(this);">$ 15,839</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount" onclick="toggleNextSibling(this);">$ 31,316</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="nump"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">537</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(1,347)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember', window );">Derivative Assets [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
        <td class="nump"><a title="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">91</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeAssetsMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeAssetsMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember', window );">Interest Rate Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">1,450</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">1,495</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember', window );">Interest Rate Swap [Member] | Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(248)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(165)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember', window );">Interest Rate Swap [Member] | Other Assets [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
        <td class="nump"><a title="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember;us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_OtherAssetsMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember;us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_OtherAssetsMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember', window );">Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">9,481</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">23,954</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember', window );">Credit Default Swap [Member] | Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(244)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(1,132)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember', window );">Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">4,044</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">4,945</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember', window );">Insured Swaps [Member] | Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember', window );">Interest Rate Swaps Embedded [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">437</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">496</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember', window );">Interest Rate Swaps Embedded [Member] | Medium Term Notes [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
        <td class="nump"><a title="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=us-gaap_MediumTermNotesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=us-gaap_MediumTermNotesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=us-gaap_MediumTermNotesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(19)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=us-gaap_MediumTermNotesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(19)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= us-gaap_MediumTermNotesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember', window );">Currency Swaps Vie [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">91</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_CurrencySwapsVieMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">99</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_CurrencySwapsVieMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember', window );">Currency Swaps Vie [Member] | Derivative Liabilities V I E [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesVIEMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(11)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesVIEMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_CurrencySwapsVieMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember', window );">All Other [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember', window );">All Other [Member] | Derivative Liabilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue[us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember;us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue<br>/ us-gaap_BalanceSheetLocationAxis<br>= mbi_DerivativeLiabilitiesMember<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember', window );">All Other V I E [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">241</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherVIEMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">280</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherVIEMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember', window );">All Other Embedded [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">$ 12</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember;us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember]" onclick="toggleNextSibling(this);">$ 11</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherEmbeddedMember<br>/ us-gaap_HedgingDesignationAxis<br>= us-gaap_NondesignatedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Companys embedded derivative instruments is determined by the location of the related host contract</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_DerivativeNotionalAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate notional amount specified by the derivative(s). Expressed as an absolute value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 12<br><br> -Section 13<br><br> -Sentence Column B<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_DerivativeNotionalAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>invest_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of derivative Asset Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of derivative liability Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>101
<FILENAME>R122.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EK2AE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">$ 55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">416</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">1,598</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">364</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember', window );">Amounts reclassified from AOCI [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember]" onclick="toggleNextSibling(this);">(70)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember', window );">Unrealized gains (losses) on AFS, net [Member] | Amounts reclassified from AOCI [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
        <td class="num"><a title="us-gaap_NetInvestmentIncome[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_NetInvestmentIncome[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_NetInvestmentIncome[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(104)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="num"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(21)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(108)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(38)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(13)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember]" onclick="toggleNextSibling(this);">(70)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember', window );">Foreign currency translation, net [Member] | Amounts reclassified from AOCI [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">$ (4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">$ 5</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember;us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis<br>= us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember<br>/ us-gaap_StatementEquityComponentsAxis<br>= us-gaap_AccumulatedTranslationAdjustmentMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetInvestmentIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 16<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 2<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetInvestmentIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>102
<FILENAME>R119.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EB1AE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail) (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAbstract', window );"><strong>Basic earnings per share: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">$ 1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities', window );">Less: Undistributed earnings allocated to participating securities</a></td>
        <td class="nump"><a title="us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic', window );">Net income (loss) available to common stockholders</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" onclick="toggleNextSibling(this);">553</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" onclick="toggleNextSibling(this);">245</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" onclick="toggleNextSibling(this);">1,202</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic weighted average shares</a></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">188,171,503</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">189,071,011</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">188,834,626</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Net income (loss) per basic common share</a></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareBasic" onclick="toggleNextSibling(this);">$ 2.94</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareBasic" onclick="toggleNextSibling(this);">$ 1.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareBasic" onclick="toggleNextSibling(this);">$ 6.36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDilutedAbstract', window );"><strong>Diluted earnings per share: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted', window );">Less: Undistributed earnings allocated to participating securities</a></td>
        <td class="nump"><a title="mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAdjustmentOfWarrants', window );">Less: mark-to-market gain (loss) on warrants</a></td>
        <td class="nump"><a title="us-gaap_FairValueAdjustmentOfWarrants" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAdjustmentOfWarrants</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAdjustmentOfWarrants" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAdjustmentOfWarrants</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_FairValueAdjustmentOfWarrants" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FairValueAdjustmentOfWarrants</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted', window );">Net income (loss) available to common stockholders</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" onclick="toggleNextSibling(this);">$ 526</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" onclick="toggleNextSibling(this);">$ 245</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" onclick="toggleNextSibling(this);">$ 1,202</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic weighted average shares</a></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">188,171,503</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">189,071,011</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">188,834,626</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements', window );">Stock options</a></td>
        <td class="nump"><a title="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" onclick="toggleNextSibling(this);">1,104,247</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" onclick="toggleNextSibling(this);">1,241,902</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" onclick="toggleNextSibling(this);">1,062,395</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants', window );">Warants</a></td>
        <td class="nump"><a title="us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" onclick="toggleNextSibling(this);">1,622,877</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted weighted average shares</a></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" onclick="toggleNextSibling(this);">190,898,627</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" onclick="toggleNextSibling(this);">190,312,913</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" onclick="toggleNextSibling(this);">189,897,021</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Net income (loss) per diluted common share</a></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareDiluted" onclick="toggleNextSibling(this);">$ 2.76</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareDiluted" onclick="toggleNextSibling(this);">$ 1.29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareDiluted" onclick="toggleNextSibling(this);">$ 6.33</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition', window );">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</a></td>
        <td class="nump"><a title="mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" onclick="toggleNextSibling(this);">412,769</a><span style="display:none;white-space:normal;text-align:left;">mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" onclick="toggleNextSibling(this);">629,896</a><span style="display:none;white-space:normal;text-align:left;">mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" onclick="toggleNextSibling(this);">506,714</a><span style="display:none;white-space:normal;text-align:left;">mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="7"></td>
      </tr>
      <tr>
        <td colspan="7">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Earnings allocated (not distributed) to participating securities under the two-class method to the extent that the participating securities may share in earnings as if all the earnings for the period had been distributed for diluted earnings per share calculation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=32703322&amp;loc=d3e4984-109258<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.23)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasicAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareBasicAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDilutedAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareDilutedAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAdjustmentOfWarrants">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of expense (income) related to adjustment to fair value of warrant liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 480<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6939902&amp;loc=d3e20148-110875<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAdjustmentOfWarrants</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of call options and warrants using the treasury stock method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Warrant<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6528364<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 23<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1757-109256<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Treasury Stock Method<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6527216<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Call Option<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506649<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1500-109256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1377-109256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net Income or Loss Available to Common Stockholders plus adjustments resulting from the assumption that dilutive convertible securities were converted, options or warrants were exercised, or that other shares were issued upon the satisfaction of certain conditions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1505-109256<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1377-109256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Earnings allocated (not distributed) to participating securities under the two-class method to the extent that participating securities may share in earnings as if all of the earnings for the period had been distributed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UndistributedEarningsAllocatedToParticipatingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1505-109256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1448-109256<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Weighted-Average Number of Common Shares Outstanding<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>103
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EQUAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Document and Entity Information (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
        <th class="th" colspan="1"></th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Feb. 26, 2015</div>
        </th>
        <th class="th">
          <div>Jun. 30, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DocumentDocumentandEntityInformationAbstract', window );"><strong>Document Documentand Entity Information [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
        <td class="text">10-K<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
        <td class="text">false<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
        <td class="text">Dec. 31,  2014<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
        <td class="text">2014<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
        <td class="text">FY<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
        <td class="text">MBI<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
        <td class="text">MBIA INC<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
        <td class="text">0000814585<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
        <td class="text">--12-31<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
        <td class="text">Large Accelerated Filer<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="dei_EntityCommonStockSharesOutstanding" onclick="toggleNextSibling(this);">185,663,370</a><span style="display:none;white-space:normal;text-align:left;">dei_EntityCommonStockSharesOutstanding</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-Known Seasoned Issuer</a></td>
        <td class="text">Yes<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityPublicFloat', window );">Entity Public Float</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="dei_EntityPublicFloat" onclick="toggleNextSibling(this);">$ 1,563,112,068</a><span style="display:none;white-space:normal;text-align:left;">dei_EntityPublicFloat</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
        <td class="text">Yes<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
        <td class="text">No<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>If the value is true, then the document is an amendment to previously-filed/accepted document.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_AmendmentFlag</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:booleanItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>End date of current fiscal year in the format --MM-DD.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:gMonthDayItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:fiscalPeriodItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:gYearItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:dateItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_DocumentType</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:submissionTypeItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:centralIndexKeyItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:yesNoItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityFilerCategory</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:filerCategoryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityPublicFloat">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityPublicFloat</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityRegistrantName</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:normalizedStringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:yesNoItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>dei:yesNoItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Trading symbol of an instrument as listed on an exchange.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_TradingSymbol</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>dei_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:normalizedStringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DocumentDocumentandEntityInformationAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DocumentDocumentandEntityInformationAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>104
<FILENAME>R125.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ERSCI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Schedule I- Investments (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" onclick="toggleNextSibling(this);">$ 6,769</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" onclick="toggleNextSibling(this);">6,830</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" onclick="toggleNextSibling(this);">6,830</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated VIEs [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">3,055</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">3,053</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">3,178</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember', window );">Other Aggregated Investments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ invest_InvestmentAxis<br>= us-gaap_OtherAggregatedInvestmentsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_OtherAggregatedInvestmentsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ invest_InvestmentAxis<br>= us-gaap_OtherAggregatedInvestmentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember]" onclick="toggleNextSibling(this);">5,162</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember]" onclick="toggleNextSibling(this);">5,225</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember]" onclick="toggleNextSibling(this);">5,225</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | U.S. Treasury And Government Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember]" onclick="toggleNextSibling(this);">446</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember]" onclick="toggleNextSibling(this);">482</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember]" onclick="toggleNextSibling(this);">482</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | US States And Political Subdivisions [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">1,613</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">1,699</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember]" onclick="toggleNextSibling(this);">1,699</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | Foreign Governments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">223</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">230</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember]" onclick="toggleNextSibling(this);">230</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">1,434</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">1,386</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">1,386</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember', window );">Short-Term Available-For-Sale [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember]" onclick="toggleNextSibling(this);">1,335</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_ShortTermAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember]" onclick="toggleNextSibling(this);">1,333</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_ShortTermAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember]" onclick="toggleNextSibling(this);">1,333</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_ShortTermAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember', window );">Short-Term Available-For-Sale [Member] | Assets Of Consolidated VIEs [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_ShortTermAvailableForSaleMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_ShortTermAvailableForSaleMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_ShortTermAvailableForSaleMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember', window );">Equity Available For Sale [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_EquityAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_EquityAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_EquityAvailableForSaleMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember', window );">AFS Investments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember]" onclick="toggleNextSibling(this);">6,509</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= us-gaap_AvailableforsaleSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember]" onclick="toggleNextSibling(this);">6,571</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= us-gaap_AvailableforsaleSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember]" onclick="toggleNextSibling(this);">6,571</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= us-gaap_AvailableforsaleSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember', window );">Investments At Fair Value [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember]" onclick="toggleNextSibling(this);">256</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_InvestmentsAtFairValueMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember]" onclick="toggleNextSibling(this);">255</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_InvestmentsAtFairValueMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember]" onclick="toggleNextSibling(this);">255</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_InvestmentsAtFairValueMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember', window );">Investments At Fair Value [Member] | Assets Of Consolidated VIEs [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">298</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_InvestmentsAtFairValueMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">421</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_InvestmentsAtFairValueMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">421</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_InvestmentsAtFairValueMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember', window );">Held-To-Maturity [Member] | Corporate Obligations [Member] | Assets Of Consolidated VIEs [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember;invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= us-gaap_HeldtomaturitySecuritiesMember<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember;invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= us-gaap_HeldtomaturitySecuritiesMember<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember;invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= us-gaap_HeldtomaturitySecuritiesMember<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= mbi_AssetsOfConsolidatedVIEsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Long-Term Available-For-Sale [Member] | Residential Mortgage Backed Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">1,111</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">1,122</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember]" onclick="toggleNextSibling(this);">1,122</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Long-Term Available-For-Sale [Member] | Residential Mortgage-Backed Non-Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember]" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Long-Term Available-For-Sale [Member] | Commercial Mortgage-Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_MortgageBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Long-Term Available-For-Sale [Member] | Collateralized Debt Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">84</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">66</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember]" onclick="toggleNextSibling(this);">66</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Long-Term Available-For-Sale [Member] | Other Asset-Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost[us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">184</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue[us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">174</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
        <td class="nump"><a title="us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount[us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember;us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember;invest_InvestmentAxis=mbi_OtherAssetBackedMember]" onclick="toggleNextSibling(this);">$ 174</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount<br>/ us-gaap_DebtSecurityAxis<br>= us-gaap_AssetBackedSecuritiesMember<br>/ us-gaap_InformationByCategoryOfDebtSecurityAxis<br>= mbi_LongTermAvailableForSaleMember<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the carrying (reported) amount of the entity's investments as of the balance sheet date. This amount may represent the individual investment's or group of similar investments' original cost, fair value, or such other amount at which the investment is shown in the entity's balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 15<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 7<br><br> -Subparagraph (SX 210.12-15)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611379-123010<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the original cost of the entity's investments including investments in equity securities and, as to fixed maturities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 15<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 7<br><br> -Subparagraph (SX 210.12-15)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611379-123010<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the reported amount of the entity's investments measured at fair value. Fair value is the price that would be received to sell an investment in an orderly transaction between market participants at the balance sheet [measurement] date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 15<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 946<br><br> -SubTopic 320<br><br> -Section S99<br><br> -Paragraph 7<br><br> -Subparagraph (SX 210.12-15)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6955306&amp;loc=d3e611379-123010<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=mbi_AssetsOfConsolidatedVIEsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>105
<FILENAME>R18.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Derivative Instruments<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock', window );">Derivative Instruments</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 9: Derivative Instruments</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;font-weight:bold;font-style:italic;margin-left:0pt;' >O</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >v</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >erv</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >ew</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 has entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instruments</font><font style='font-family:Times New Roman;font-size:10pt;' > through its financial guarantee of CDS and for purposes of </font><font style='font-family:Times New Roman;font-size:10pt;' >managing </font><font style='font-family:Times New Roman;font-size:10pt;' >risks associated with existing assets and liabilities. </font><font style='font-family:Times New Roman;font-size:10pt;' >In certain instances, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >Company</font><font style='font-family:Times New Roman;font-size:10pt;' > purchased or issued securities that contain embedded derivatives that were separated from the host contract and accounted for as derivative instruments. </font><font style='font-family:Times New Roman;font-size:10pt;' >In accordance with the accounting guidance for derivative instruments and hedging activities, the bala</font><font style='font-family:Times New Roman;font-size:10pt;' >nce sheet location of the Company&#8217;s embedded derivative instruments is determined</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >by the location of the related </font><font style='font-family:Times New Roman;font-size:10pt;' >security.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Derivative instruments </font><font style='font-family:Times New Roman;font-size:10pt;' >are recorded at fair value on the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheet</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > with the changes in fair val</font><font style='font-family:Times New Roman;font-size:10pt;' >ue recorded </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s consolidated statements of operations </font><font style='font-family:Times New Roman;font-size:10pt;' >within &#8220;Unrealized gains (losses) on insured derivatives,&#8221; for the insured derivatives, or &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&#8221; for the embedded </font><font style='font-family:Times New Roman;font-size:10pt;' >derivatives.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >method of determining the</font><font style='font-family:Times New Roman;font-size:10pt;' > fair value of derivative instruments.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >U.S. Public Finance Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s derivative exposure within its U.S. public finance insurance operations primarily consists of insured i</font><font style='font-family:Times New Roman;font-size:10pt;' >nterest rate and inflation-linked swaps related to insured U.S. public finance debt issues. These derivatives do not qualify for the financial guarantee scope exception</font><font style='font-family:Times New Roman;font-size:10pt;' > and are accounted for as derivative instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >.  </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >na</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >on</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >l</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 </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >S</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >d</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;' >F</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >an</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >e</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;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >s</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >an</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >e</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s that it viewed as an extension of its core financial guarantee business </font><font style='font-family:Times New Roman;font-size:10pt;' >that </font><font style='font-family:Times New Roman;font-size:10pt;' >do not qualify for the financial guarantee scope exception and, therefore, </font><font style='font-family:Times New Roman;font-size:10pt;' >are accounted for as derivative instruments. </font><font style='font-family:Times New Roman;font-size:10pt;' >These insured CDS contracts, </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily referenc</font><font style='font-family:Times New Roman;font-size:10pt;' >ing </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate, asset-backed, residential mortgage-backed, commercial mortgage-backed, CRE loans and CDO securities</font><font style='font-family:Times New Roman;font-size:10pt;' >, are intended to be held </font><font style='font-family:Times New Roman;font-size:10pt;' >for the entire term of the contract absent a negotiated settlement wi</font><font style='font-family:Times New Roman;font-size:10pt;' >th the counterparty.</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;' >Changes in the fair value of derivatives, excluding insured derivatives, are recorded each period in current earnings within &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > Changes in the fair value of</font><font style='font-family:Times New Roman;font-size:10pt;' > insured derivatives are recorded each period in current earnings within &#8220;Net change in fair value of insured derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > The net change in the fair value of the Company&#8217;s insured derivatives has two primary components: (i) realized gains (losses) and ot</font><font style='font-family:Times New Roman;font-size:10pt;' >her settlements on insured derivatives and (ii) unrealized gains (losses) on insured derivatives. &#8220;Realized gains (losses) and other settlements on insured derivatives&#8221; include (i) premiums received and receivable on </font><font style='font-family:Times New Roman;font-size:10pt;' >sold</font><font style='font-family:Times New Roman;font-size:10pt;' > CDS contracts, (ii) premiums paid </font><font style='font-family:Times New Roman;font-size:10pt;' >and payable to reinsurers in respect to CDS contracts, (iii) net amounts received or paid on reinsurance commutations, (iv) losses paid and payable to CDS contract counterparties due to the occurrence of a credit event or settlement agreement, (v) losses r</font><font style='font-family:Times New Roman;font-size:10pt;' >ecovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and (vi) fees relating to CDS contracts. The &#8220;Unrealized gains (losses) on insured derivatives&#8221; include all other changes in fair value of t</font><font style='font-family:Times New Roman;font-size:10pt;' >he insured derivative contracts.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has also entered into a derivative contract as a result of a commutation occurring in </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. Changes in the fair value of the Company&#8217;s non-insured derivative are included in &#8220;Net gains (losses) on financial i</font><font style='font-family:Times New Roman;font-size:10pt;' >nstruments at fair value and foreign exchange&#8221; on the Company&#8217;s consolidated statements of operations. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Variable Interest Entities</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;' >VIEs consolidated by the Company have entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s consisting of </font><font style='font-family:Times New Roman;font-size:10pt;' >interest rate caps and cross currency</font><font style='font-family:Times New Roman;font-size:10pt;' > swaps</font><font style='font-family:Times New Roman;font-size:10pt;' >. Interest rate </font><font style='font-family:Times New Roman;font-size:10pt;' >caps </font><font style='font-family:Times New Roman;font-size:10pt;' >are entered into to </font><font style='font-family:Times New Roman;font-size:10pt;' >mitigate</font><font style='font-family:Times New Roman;font-size:10pt;' > the risks associated with fluctuations in interest rates or fair values of certain contracts.</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font><font style='font-family:Times New Roman;font-size:10pt;' >Cross currency swaps are entered into to </font><font style='font-family:Times New Roman;font-size:10pt;' >manage</font><font style='font-family:Times New Roman;font-size:10pt;' > the variability in cash flows resulting from fluctua</font><font style='font-family:Times New Roman;font-size:10pt;' >tions in foreign currency rates</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Corporate</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s primarily consisting of interest rate swaps</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >  Interest rate swaps are entered into to</font><font style='font-family:Times New Roman;font-size:10pt;' > manage</font><font style='font-family:Times New Roman;font-size:10pt;' > the risks associated with fluctuations in interest rates or </font><font style='font-family:Times New Roman;font-size:10pt;' >fair values of certain contracts. </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;' >Changes in the fair value of </font><font style='font-family:Times New Roman;font-size:10pt;' >these</font><font style='font-family:Times New Roman;font-size:10pt;' > derivatives are recorded </font><font style='font-family:Times New Roman;font-size:10pt;' >on the Company&#8217;s consolidated statements of operations </font><font style='font-family:Times New Roman;font-size:10pt;' >within &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;  </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Credit </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Derivatives Sold</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > present information about credit derivatives sold by the Company&#8217;s insurance operations that were outstanding as </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. Credit</font><font style='font-family:Times New Roman;font-size:10pt;' > ratings represent the lower of underlying ratings assigned </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > the collateral </font><font style='font-family:Times New Roman;font-size:10pt;' >by Moody&#8217;s, S&amp;P or MBIA.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:17.25pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='22' rowspan='1' style='width:443.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:443.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2014</font></td></tr><tr style='height:12.75pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='17' rowspan='1' style='width:327.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:44.25pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:16.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.6 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,914</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >246</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >968</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >193</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,160</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,481</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(244)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16.7 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,935</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >970</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,044</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,914</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >363</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,903</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,163</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,182</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13,525</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(240)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(246)</font></td></tr><tr style='height:4.5pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:16.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;text-align:left;border-color:Black;min-width:39pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' ></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:16.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:434.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' > As of December 31, 2013</font></td></tr><tr style='height:13.5pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:52.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2.6 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,406</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,972</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,068</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,552</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,956</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >23,954</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,132)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18.5 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >77</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,282</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,586</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,945</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >All others</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28.0 Years</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(15)</font></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,406</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,049</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,350</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,138</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,992</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28,935</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:43.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(78)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,069)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,152)</font></td></tr></table></div><div><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;' >Internal credit ratings assigned by MBIA on the underlying collateral are derived b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ill</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >p</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;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ign</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</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;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >epo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >ubli</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >able </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</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;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >iew</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</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;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</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;' >whe</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >ap</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</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;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >sh </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >ys</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ua</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >id</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</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;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >sc</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</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;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >plu</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >iona</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >CD</font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >ym</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MB</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >equi</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ke </font><font style='font-family:Times New Roman;font-size:10pt;' >und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >uarantees as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >9.7</font><font style='font-family:Times New Roman;font-size:10pt;' > billion</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >his a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ne</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ede</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >whi</font><font style='font-family:Times New Roman;font-size:10pt;' >ch M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ally hed</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >rk</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >sk</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h a c</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >ym</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</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;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</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;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</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;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >hol</font><font style='font-family:Times New Roman;font-size:10pt;' >d r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >rse </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >rd </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h r</font><font style='font-family:Times New Roman;font-size:10pt;' >ein</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ub</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >igh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >ange</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MB</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >ys</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a c</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >gua</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</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;' >MB</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >igh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o c</font><font style='font-family:Times New Roman;font-size:10pt;' >olle</font><font style='font-family:Times New Roman;font-size:10pt;' >ct</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >gua</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >op</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >opo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >iona</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >ba</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >epend</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >upo</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g r</font><font style='font-family:Times New Roman;font-size:10pt;' >ein</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</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;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >rse </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >oga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n r</font><font style='font-family:Times New Roman;font-size:10pt;' >igh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wh</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >k</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a c</font><font style='font-family:Times New Roman;font-size:10pt;' >lai</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >ym</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</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;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >may be</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >gh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lu</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >ig</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >hel</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >al.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Counterparty Credit Risk</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company manages counterparty credit risk on an individual counterparty basis through master netting agreements covering derivative instruments in the </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate </font><font style='font-family:Times New Roman;font-size:10pt;' >segment. </font><font style='font-family:Times New Roman;font-size:10pt;' >The</font><font style='font-family:Times New Roman;font-size:10pt;' >se </font><font style='font-family:Times New Roman;font-size:10pt;' >agreements </font><font style='font-family:Times New Roman;font-size:10pt;' >allow the Compan</font><font style='font-family:Times New Roman;font-size:10pt;' >y to contractually net amounts due from </font><font style='font-family:Times New Roman;font-size:10pt;' >a counterparty</font><font style='font-family:Times New Roman;font-size:10pt;' > with those amounts due to such counterparty when certain triggering events occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provis</font><font style='font-family:Times New Roman;font-size:10pt;' >ions that generally provide the ability to require assignment or termination in the event either MBIA or the counterparty is downgraded below a specified credit rating.</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;' >Under these a</font><font style='font-family:Times New Roman;font-size:10pt;' >gree</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ents, the Company may receive or provide U.S. Treasury and oth</font><font style='font-family:Times New Roman;font-size:10pt;' >er highly rated securities or cash to secure counterparties&#8217; exposure to the Company or its exposure to counterparties, respectively. Such collateral is available to the holder to pay for </font><font style='font-family:Times New Roman;font-size:10pt;' >replacing the counterparty in the event that the counterparty defaul</font><font style='font-family:Times New Roman;font-size:10pt;' >ts. As </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company did not hold cash collateral to derivative counterparties but posted cash collateral to derivative counterparties of $</font><font style='font-family:Times New Roman;font-size:10pt;' >12</font><font style='font-family:Times New Roman;font-size:10pt;' > million. </font><font style='font-family:Times New Roman;font-size:10pt;' >All of the </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >12</font><font style='font-family:Times New Roman;font-size:10pt;' > million is included within &#8220;Other liabilities&#8221; as cash collateral netted against accrued interest on derivative liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company did not hold cash collateral to </font><font style='font-family:Times New Roman;font-size:10pt;' >derivative counterparties but posted cash collateral to derivative counterparties of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >160</font><font style='font-family:Times New Roman;font-size:10pt;' > million. Of this amount, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >123</font><font style='font-family:Times New Roman;font-size:10pt;' > million is netted within &#8220;Derivative liabilities&#8221;, $</font><font style='font-family:Times New Roman;font-size:10pt;' >16</font><font style='font-family:Times New Roman;font-size:10pt;' > million is included within &#8220;Oth</font><font style='font-family:Times New Roman;font-size:10pt;' >er liabilities&#8221; as cash collateral netted against accrued interest on derivative liabilities and an additional </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >21</font><font style='font-family:Times New Roman;font-size:10pt;' > million is included in &#8220;Other assets&#8221; on the Company&#8217;s consolidated balance sheets. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Compan</font><font style='font-family:Times New Roman;font-size:10pt;' >y had securities with a fair value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >198</font><font style='font-family:Times New Roman;font-size:10pt;' > million posted to derivative counterparties and this amount is included within &#8220;Fixed-maturity securities held as available-for-sale, at fair value&#8221; on the Company&#8217;s consolidated balance sheet.  As o</font><font style='font-family:Times New Roman;font-size:10pt;' >f </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had securities with a fair value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' > million posted to derivative counterparties and this amount is included within &#8220;Fixed-maturity securities held as available-for-sale, at fair value&#8221; on the Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated balance sheet.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value on one Credit Support Annex (&#8220;CSA&#8221;) was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font><font style='font-family:Times New Roman;font-size:10pt;' > This CSA governs collateral posting requirements between MBIA and i</font><font style='font-family:Times New Roman;font-size:10pt;' >ts derivative counterparties. The Company did not receive collateral due to the Company&#8217;s credit rating, which was below the CSA minimum credit ratings level for holding counterparty collateral. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the coun</font><font style='font-family:Times New Roman;font-size:10pt;' >terparty was rated A2 by Moody&#8217;s and A by S&amp;P.</font></p></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Financial Statement Presentation</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of amounts recognized for eligible derivative contracts executed with the same counterparty under a master netting agreement, including any cash collateral that may have been received or posted by the Company, is presented on a net basis in </font><font style='font-family:Times New Roman;font-size:10pt;' >accordance with accounting guidance for the offsetting of fair value amounts related to derivative instruments. Insured CDSs and insured swaps are not subject to master netting agreements. VIE derivative assets and liabilities are not presented net of any </font><font style='font-family:Times New Roman;font-size:10pt;' >master netting agreements.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Counterparty netting of derivative assets and liabilities offsets balances in &#8220;Interest rate swaps&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</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;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the total fair value of the Company&#8217;s derivative</font><font style='font-family:Times New Roman;font-size:10pt;' > assets, after counterparty netting of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >81</font><font style='font-family:Times New Roman;font-size:10pt;' > million, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million, of which $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million was reported within &#8220;Other assets&#8221; on the Company&#8217;s consolidated balance sheets. Embedded derivatives of $</font><font style='font-family:Times New Roman;font-size:10pt;' >8</font><font style='font-family:Times New Roman;font-size:10pt;' > million were reported within &#8220;Medium-term notes&#8221; on the Company&#8217;s consolidated balance sheets.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the total fair value of the Company&#8217;s derivative liabilities, after counterparty netting of $</font><font style='font-family:Times New Roman;font-size:10pt;' >81</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >456</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, of which $437 million</font><font style='font-family:Times New Roman;font-size:10pt;' > was reported within &#8220;Derivative liabilities&#8221; and &#8220;Derivative liabilities&#8221; presented under &#8220;Liabilities of consolidated</font><font style='font-family:Times New Roman;font-size:10pt;' > variable interest entities&#8221; on the Company&#8217;s consolidated balance sheets. Embedded derivatives of $</font><font style='font-family:Times New Roman;font-size:10pt;' >19</font><font style='font-family:Times New Roman;font-size:10pt;' > million were reported within &#8220;Medium-term notes&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >on the Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated balance sheets.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following t</font><font style='font-family:Times New Roman;font-size:10pt;' >able presents the total fair value of the Company&#8217;s derivative assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >cash collateral, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,481</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(244)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,044</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,450</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(248)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >437</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >241</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15,839</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(537)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><div><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;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the total fair value of the Company&#8217;s derivative assets, after counterparty netting</font><font style='font-family:Times New Roman;font-size:10pt;' > of $</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > million, of which $</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > million was reported within &#8220;Other assets&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >on the Company&#8217;s consolidated balance sheets. Embedded derivatives of $</font><font style='font-family:Times New Roman;font-size:10pt;' >9</font><font style='font-family:Times New Roman;font-size:10pt;' > million were reported within &#8220;Medium-term notes&#8221; on the Company&#8217;s consolidated balance sheets.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he total fair value of the Company&#8217;s deriv</font><font style='font-family:Times New Roman;font-size:10pt;' >ative liabilities, after counterparty netting</font><font style='font-family:Times New Roman;font-size:10pt;' > of $</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' > million and cash collateral posted by the Company of $</font><font style='font-family:Times New Roman;font-size:10pt;' >123</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion which was reported within &#8220;Derivative liabilities&#8221; and &#8220;Derivative li</font><font style='font-family:Times New Roman;font-size:10pt;' >abilities</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; presented under &#8220;Liabilities of consolidated variable interest entities&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >on the Company&#8217;s consolidated balance sheets.</font><font style='font-family:Times New Roman;font-size:10pt;' > Embedded derivatives of $</font><font style='font-family:Times New Roman;font-size:10pt;' >19</font><font style='font-family:Times New Roman;font-size:10pt;' > million were reported within &#8220;Medium-term notes&#8221; and &#8220;Other investments&#8221; on the</font><font style='font-family:Times New Roman;font-size:10pt;' > Company&#8217;s consolidated balance sheets.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the total fair value of the Company&#8217;s derivative assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of cash collateral, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:center;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:center;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23,954</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,132)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,945</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,495</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >496</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >99</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >280</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31,316</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,347)</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:103.5pt;text-align:left;border-color:Black;min-width:103.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><div><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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ct</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >olida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ope</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net Gain</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Loss)</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recognized</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Income</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >888</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(413)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(78)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >11</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >15</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >6</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(31)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >398</font></td></tr></table></div><div><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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ct</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >olida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ope</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net Gain</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Loss)</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recognized</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Income</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1,725</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(1,545)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >65</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >17</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >10</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >52</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >325</font></td></tr></table></div><div><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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ct</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >olida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ope</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </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;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net Gain</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Loss)</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recognized</font></td></tr><tr style='height:9.75pt;' ><td style='width:153pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Income</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1,847</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(406)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Insured swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Non-insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Non-insured credit default swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(75)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Interest rate swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >55</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >22</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >11</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >All other-VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:153pt;text-align:left;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:327.75pt;text-align:left;border-color:Black;min-width:327.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9.5pt;color:#000000;' >1,445</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7668309&amp;loc=d3e80748-113994<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41635-113959<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4K<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5708775-113959<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 25<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6886632&amp;loc=d3e76258-113986<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5618551-113959<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6441202&amp;loc=d3e80720-113993<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(n))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4H<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624258-113959<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624163-113959<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4E<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624181-113959<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4J<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5708773-113959<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7668309&amp;loc=d3e80784-113994<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41620-113959<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4D<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624177-113959<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5579245-113959<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5580258-113959<br><br><br><br>Reference 17: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5579240-113959<br><br><br><br>Reference 18: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41641-113959<br><br><br><br>Reference 19: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=d3e41638-113959<br><br><br><br>Reference 20: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4C<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624171-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>106
<FILENAME>R80.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EF3AK">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">$ 6,509</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">$ 6,824</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" onclick="toggleNextSibling(this);">209</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments" onclick="toggleNextSibling(this);">97</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" onclick="toggleNextSibling(this);">(147)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" onclick="toggleNextSibling(this);">(229)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities" onclick="toggleNextSibling(this);">6,571</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities" onclick="toggleNextSibling(this);">6,692</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" onclick="toggleNextSibling(this);">(90)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities" onclick="toggleNextSibling(this);">2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" onclick="toggleNextSibling(this);">77</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total Held-To-Maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-Than-Temporary Impairments</a></td>
        <td class="nump"><a title="mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">77</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total Held-To-Maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-Than-Temporary Impairments</a></td>
        <td class="nump"><a title="mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember', window );">Money Market Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">422</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">781</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">422</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">781</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember', window );">Money Market Securities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_MoneyMarketSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6,075</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">5,897</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">208</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">96</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(147)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(229)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6,136</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">5,764</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(90)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecurities[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecurities<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total Held-To-Maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">631</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">528</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">667</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">535</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | US States And Political Subdivisions [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,644</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,831</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">94</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(73)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,730</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,780</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Foreign Governments [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">283</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">184</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">290</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">189</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,984</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,682</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(92)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(38)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,936</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,668</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage-Backed Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,116</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,167</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,126</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,146</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage-Backed Non-Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">79</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">87</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Commercial Mortgage-Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">34</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">34</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Collateralized Debt Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">113</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">205</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(21)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(57)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">151</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Other Asset-Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">231</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">187</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments', window );">Gross unrealized gains</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">222</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecurities[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">174</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecurities<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents unrealized gains or losses on other than temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized gains before deducting pre-tax unrealized losses on investments in available-for-sale securities impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the excess of amortized cost over fair value of securities in a gain position and which are categorized as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the excess of amortized cost over fair value of securities in a loss position and which are categorized as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>107
<FILENAME>R90.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EH3DI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Derivative Instruments (Credit Derivatives Sold) (Detail) (Insurance Operations [Member], USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount" onclick="toggleNextSibling(this);">$ 13,525</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount" onclick="toggleNextSibling(this);">$ 28,935</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" onclick="toggleNextSibling(this);">(246)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" onclick="toggleNextSibling(this);">(1,152)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top">
          <div class="a">Credit Default Swap [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears', window );">Weighted average remaining expected maturity</a></td>
        <td class="text">1 year 7 months 6 days<span></span></td>
        <td class="text">2 years 7 months 6 days<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">9,481</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">23,954</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(244)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(1,132)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top">
          <div class="a">Insured Swaps [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears', window );">Weighted average remaining expected maturity</a></td>
        <td class="text">16 years 8 months 12 days<span></span></td>
        <td class="text">18 years 6 months 0 days<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">4,044</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">4,945</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top">
          <div class="a">Other Credit Derivatives [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears', window );">Weighted average remaining expected maturity</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">28 years 0 months 0 days<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="nump"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">6,914</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">7,406</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">6,914</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">7,406</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member] | Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member] | Other Credit Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">363</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">2,049</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="nump"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">246</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">1,972</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member] | Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">117</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">77</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member] | Other Credit Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingAaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">3,903</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">4,350</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">968</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">1,068</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member] | Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">2,935</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">3,282</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member] | Other Credit Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingaMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">1,163</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">9,138</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(78)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">193</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">7,552</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member] | Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">970</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">1,586</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member] | Other Credit Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBbbMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">1,182</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">5,992</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(240)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue[us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">(1,069)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">1,160</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">5,956</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member] | Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member] | Other Credit Derivatives [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
        <td class="nump"><a title="invest_DerivativeNotionalAmount[us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember;us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember]" onclick="toggleNextSibling(this);">$ 36</a><span style="display:none;white-space:normal;text-align:left;">invest_DerivativeNotionalAmount<br>/ us-gaap_CreditDerivativesByContractTypeAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_ExternalCreditRatingByGroupingAxis<br>= mbi_CreditRatingBelowInvestmentGradeMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_InsuranceOperationsMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_DerivativeNotionalAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate notional amount specified by the derivative(s). Expressed as an absolute value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Article 12<br><br> -Section 13<br><br> -Sentence Column B<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_DerivativeNotionalAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>invest_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted Average Remaining Maturity Credit Derivatives In Years</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>us-types:durationStringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of credit risk derivative liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4K<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5708775-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>108
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E4MBI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Consolidated Statements Of Operations (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetByBusinessAbstract', window );"><strong>Premiums earned:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNet', window );">Premiums earned (net of ceded premiums of $12, $10 and $14)</a></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet" onclick="toggleNextSibling(this);">$ 397</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet" onclick="toggleNextSibling(this);">$ 457</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet" onclick="toggleNextSibling(this);">$ 605</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract', window );"><strong>Change in fair value of insured derivatives:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">903</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">1,777</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives" onclick="toggleNextSibling(this);">1,870</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" onclick="toggleNextSibling(this);">459</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" onclick="toggleNextSibling(this);">1,464</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Investment losses related to other-than-temporary impairments:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(105)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
        <td class="nump"><a title="us-gaap_Revenues" onclick="toggleNextSibling(this);">1,270</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Revenues" onclick="toggleNextSibling(this);">1,209</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Revenues" onclick="toggleNextSibling(this);">2,435</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Revenues</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">117</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">210</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">236</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
        <td class="nump"><a title="us-gaap_BenefitsLossesAndExpenses" onclick="toggleNextSibling(this);">629</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BenefitsLossesAndExpenses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_BenefitsLossesAndExpenses" onclick="toggleNextSibling(this);">793</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BenefitsLossesAndExpenses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_BenefitsLossesAndExpenses" onclick="toggleNextSibling(this);">837</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BenefitsLossesAndExpenses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">416</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" onclick="toggleNextSibling(this);">1,598</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">364</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Net income (loss) per common share:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Net income (loss) per basic common share</a></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareBasic" onclick="toggleNextSibling(this);">$ 2.94</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareBasic" onclick="toggleNextSibling(this);">$ 1.3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareBasic" onclick="toggleNextSibling(this);">$ 6.36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Net income (loss) per diluted common share</a></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareDiluted" onclick="toggleNextSibling(this);">$ 2.76</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareDiluted" onclick="toggleNextSibling(this);">$ 1.29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EarningsPerShareDiluted" onclick="toggleNextSibling(this);">$ 6.33</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EarningsPerShareDiluted</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract', window );"><strong>Weighted average number of common shares outstanding:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic</a></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">188,171,503</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">189,071,011</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" onclick="toggleNextSibling(this);">188,834,626</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted</a></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" onclick="toggleNextSibling(this);">190,898,627</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" onclick="toggleNextSibling(this);">190,312,913</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" onclick="toggleNextSibling(this);">189,897,021</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetByBusinessAbstract', window );"><strong>Premiums earned:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts', window );">Scheduled premiums earned</a></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">304</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">372</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RefundingPremiumsEarned', window );">Refunding premiums earned</a></td>
        <td class="nump"><a title="mbi_RefundingPremiumsEarned[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">139</a><span style="display:none;white-space:normal;text-align:left;">mbi_RefundingPremiumsEarned<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RefundingPremiumsEarned[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">153</a><span style="display:none;white-space:normal;text-align:left;">mbi_RefundingPremiumsEarned<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RefundingPremiumsEarned[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">233</a><span style="display:none;white-space:normal;text-align:left;">mbi_RefundingPremiumsEarned<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNet', window );">Premiums earned (net of ceded premiums of $12, $10 and $14)</a></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">397</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">457</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PremiumsEarnedNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">605</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PremiumsEarnedNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">179</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">214</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FeesAndReimbursements', window );">Fees and reimbursements</a></td>
        <td class="nump"><a title="mbi_FeesAndReimbursements[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">mbi_FeesAndReimbursements<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FeesAndReimbursements[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">mbi_FeesAndReimbursements<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FeesAndReimbursements[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">61</a><span style="display:none;white-space:normal;text-align:left;">mbi_FeesAndReimbursements<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract', window );"><strong>Change in fair value of insured derivatives:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives', window );">Realized gains (losses) and other settlements on insured derivatives</a></td>
        <td class="num"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(444)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(1,545)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(406)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">903</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,777</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_UnrealizedGainLossOnDerivatives[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,870</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_UnrealizedGainLossOnDerivatives<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">459</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">1,464</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Investment losses related to other-than-temporary impairments:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities', window );">Investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(99)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(58)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities', window );">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</a></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">84</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(47)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(105)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">117</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense', window );">Amortization of deferred acquisition costs</a></td>
        <td class="nump"><a title="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">195</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">338</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">381</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">210</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">236</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember]" onclick="toggleNextSibling(this);">284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetByBusinessAbstract', window );"><strong>Premiums earned:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetInvestmentIncome[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">67</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetInvestmentIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract', window );"><strong>Change in fair value of insured derivatives:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">175</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Investment losses related to other-than-temporary impairments:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="num"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OperatingExpenses[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OperatingExpenses<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 45</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="7"></td>
      </tr>
      <tr>
        <td colspan="7">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FeesAndReimbursements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of fees collected for services performed in connection with certain insurance related transactions and investment management services, both of which are earned in the current period or deferred and earned over the life of the related transaction. Also included are work, wavier and consent, termination, administrative and management fees, and fees from reinsurance commutations that are earned when the related services are completed and the fees are received.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FeesAndReimbursements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Realized gains and losses and recognized premiums and fees related to insurance policies on derivatives included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RefundingPremiumsEarned">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Premiums recognized as revenue on all financial guarantee insurance contracts that were retired (through legal defeasance in satisfaction of the obligation according to its indenture) prior to the scheduled maturity. The premiums recognized in the current period were initially recorded under unearned premium revenue in the consolidated balance sheets when received.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RefundingPremiumsEarned</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BenefitsLossesAndExpenses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5,6,7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5, 6, 7<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BenefitsLossesAndExpenses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of expense related to deferred policy acquisition costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 16<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.7(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 7<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 18<br><br> -Article 12<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6967983&amp;loc=d3e11264-158415<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 30<br><br> -Section 35<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28247317&amp;loc=d3e10157-158409<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 2<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480726&amp;loc=d3e6691-158385<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=32703322&amp;loc=d3e4984-109258<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.23)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4A<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5618551-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12317-112629<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12355-112629<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the cost of borrowed funds accounted for as interest expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.9)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 9<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetInvestmentIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 16<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 2<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetInvestmentIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpensesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OperatingExpensesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 4<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount by which the fair value of an investment in debt and equity securities categorized as Available-for-sale is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27161-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before tax of other than temporary impairment (OTTI) on investment in available-for-sale debt security, recognized in other comprehensive loss.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 35<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=d3e25362-111560<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10A<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669646-108580<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=SL6284393-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.13(c))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsEarnedNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNetByBusinessAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsEarnedNetByBusinessAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of financial guarantee premiums earned.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486662&amp;loc=d3e27175-158546<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933001&amp;loc=SL5747862-161289<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6816-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Revenues</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrealizedGainLossOnDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_UnrealizedGainLossOnDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1505-109256<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1448-109256<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Weighted-Average Number of Common Shares Outstanding<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>109
<FILENAME>R12.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Recent Accounting Pronouncements<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock', window );">Recent Accounting Pronouncements</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 3: Recent Accounting Pronouncements</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;font-weight:bold;font-style:italic;margin-left:0pt;' >Recently Adopted Accounting Standards </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;font-style:italic;margin-left:0pt;' >Income Taxes (Topic 740)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (ASU </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >2013-11)</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;' >In </font><font style='font-family:Times New Roman;font-size:10pt;' >July of </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >3, the</font><font style='font-family:Times New Roman;font-size:10pt;' > Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) 2013-11, &#8220;Income Taxes </font><font style='font-family:Times New Roman;font-size:10pt;' >(Topic </font><font style='font-family:Times New Roman;font-size:10pt;' >74</font><font style='font-family:Times New Roman;font-size:10pt;' >0)&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' >Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforwar</font><font style='font-family:Times New Roman;font-size:10pt;' >d Exists.&#8221; ASU 2013-11 requires presentation of an UTB as a reduction to a deferred tax asset when a NOL carryforward, a similar tax loss, or a tax credit carryforward exists in the same tax year and jurisdiction as the UTB. ASU 2013-11 does not affect the</font><font style='font-family:Times New Roman;font-size:10pt;' > recognition or measurement of uncertain tax positions under &#8220;Income Taxes (Topic 740)&#8221; and does not affect any related tax disclosures. ASU 2013-11 was effective </font><font style='font-family:Times New Roman;font-size:10pt;' >for</font><font style='font-family:Times New Roman;font-size:10pt;' > interim and annual periods</font><font style='font-family:Times New Roman;font-size:10pt;' > beginning January 1, 2014. The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >previously </font><font style='font-family:Times New Roman;font-size:10pt;' >present</font><font style='font-family:Times New Roman;font-size:10pt;' >ed an</font><font style='font-family:Times New Roman;font-size:10pt;' >y UTBs as a reduction to a deferred tax asset in accordance with ASU 2013-11 as all of its UTBs relate to the same tax years and jurisdictions in which NOLs exist, therefore, this accounting pronouncement did not affect the Company&#8217;s consolidated financial</font><font style='font-family:Times New Roman;font-size:10pt;' > statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has not adopted any </font><font style='font-family:Times New Roman;font-size:10pt;' >other </font><font style='font-family:Times New Roman;font-size:10pt;' >new accounting pronouncements that had a material impact on its consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recent </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Accounting Developments</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Presentation of Financial Statements (Topic 205) and Property, P</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >lant, and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Equipment (Topic 360)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In April of 2014, the FASB issued ASU 2014-08, &#8220;Presentation of Financial Statements (Topic</font><font style='font-family:Times New Roman;font-size:10pt;' > 205) and Property, Plant, and Equipment (Topic 360)-Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.&#8221; ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an</font><font style='font-family:Times New Roman;font-size:10pt;' > entity qualifies for discontinued operations presentation and requires new disclosures. ASU 2014-08 amends the definition of discontinued operation to a disposal of components of an entity that represent strategic shifts that have, or will have, a major e</font><font style='font-family:Times New Roman;font-size:10pt;' >ffect on an entity&#8217;s operations and financial results. ASU 2014-08 is effective for interim and annual periods beginning January 1, 2015, and with early adoption permitted but only for disposals or classifications as held for sale that have not been report</font><font style='font-family:Times New Roman;font-size:10pt;' >ed in previously issued financial statements. The adoption of ASU 2014-08 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Revenue from Contracts with Customers (Topic 606) (ASU 2014-09)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May of 2014, the FASB issued </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09, &#8220;Revenue from Contracts with Customers (Topic 606).&#8221; ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other ac</font><font style='font-family:Times New Roman;font-size:10pt;' >counting standards. ASU 2014-09 is effective for interim and annual periods beginning January 1, 2017, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impact of adopting ASU 2014-09.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Tra</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >nsfers and Servicing </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(Topic 860</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212; </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures (ASU 2014-11)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June of 2014, the FASB issued ASU 2014-11, &#8220;Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and Discl</font><font style='font-family:Times New Roman;font-size:10pt;' >osures.&#8221; The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repurchase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing transactions to secured</font><font style='font-family:Times New Roman;font-size:10pt;' > borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactions accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual periods beginning January 1, 2015, </font><font style='font-family:Times New Roman;font-size:10pt;' >and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Compensation-Stock Compensation (Topic 718</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Accounting for Share-Based Payments When the Terms of an </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues Task Force) (ASU 2014-12)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June of 2014, the FASB issued ASU 2014-12, &#8220;Compensation-Stock Compensation (Topic 718)-Accou</font><font style='font-family:Times New Roman;font-size:10pt;' >nting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.&#8221; ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that co</font><font style='font-family:Times New Roman;font-size:10pt;' >uld be achieved after an employee&#8217;s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a prospective basis</font><font style='font-family:Times New Roman;font-size:10pt;' > or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Consolidation (Topic 810)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collaterali</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >zed Financing Entity (ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >13</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >) </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2014, the FASB issued ASU 2014-13, &#8220;Consolidation (Topic 810)-Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-13 applies to a consoli</font><font style='font-family:Times New Roman;font-size:10pt;' >dated collateralized financing entity defined as a consolidated VIE that holds financial assets and issues beneficial interests in those financial assets that are classified as financial liabilities. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company</font><font style='font-family:Times New Roman;font-size:10pt;' > may elect to measure the financial assets an</font><font style='font-family:Times New Roman;font-size:10pt;' >d the financial liabilities of a consolidated collateralized financing entity using a measurement alternative provided in ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' >. The measurement alternative requires both the financial assets and the financial liabilities of the consolidated collater</font><font style='font-family:Times New Roman;font-size:10pt;' >alized financing entity to be measured using the more observable of the fair value of the financial assets and the fair value of the financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply th</font><font style='font-family:Times New Roman;font-size:10pt;' >e measurement alternative to existing consolidated collateralized financing entities. ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted. The adoption of ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > is not expected to materially</font><font style='font-family:Times New Roman;font-size:10pt;' > impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Presentation of Financial Statements</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >15</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2014, the FASB is</font><font style='font-family:Times New Roman;font-size:10pt;' >sued ASU 2014-15, &#8220;Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern.&#8221; ASU 2014-15 requires management to evaluate whether there are conditions or even</font><font style='font-family:Times New Roman;font-size:10pt;' >ts that raise substantial doubt about the entity&#8217;s ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that </font><font style='font-family:Times New Roman;font-size:10pt;' >the financial statements are issued. ASU 2014-15 is effective for the annual period end</font><font style='font-family:Times New Roman;font-size:10pt;' >ing</font><font style='font-family:Times New Roman;font-size:10pt;' > December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. </font><font style='font-family:Times New Roman;font-size:10pt;' >The adoption of ASU 2014-15 is not expected to materially impa</font><font style='font-family:Times New Roman;font-size:10pt;' >ct the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Consolidation (Topic 810) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;Amendments to the Consolidation Analysis </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2015-02)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2015, the FASB issued ASU 2015-02, &#8220;Consolidation (Topic 810)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' >Amendments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2015-02 amends the accounting guidance for consolidation of legal entities including VIEs. ASU 2015-02 eliminates the specialized consolidation model and guidance for limited partnerships, amends the conditions for evaluating whether a fee paid to a de</font><font style='font-family:Times New Roman;font-size:10pt;' >cision maker or a service provider represents a variable interest in a VIE, amends the related party guidance for the determination of the primary beneficiary of a VIE, and requires certain investment funds designed as VIEs, except money market funds, to a</font><font style='font-family:Times New Roman;font-size:10pt;' >pply the amended consolidation guidance. ASU 2015-02 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impac</font><font style='font-family:Times New Roman;font-size:10pt;' >t of adopting ASU 2015-02.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6372559&amp;loc=d3e765-108305<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 01<br><br> -Paragraph b<br><br> -Subparagraph 6<br><br> -Article 10<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28359718&amp;loc=d3e22499-107794<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28359718&amp;loc=d3e22580-107794<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Direct Effects of a Change in Accounting Principle<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510796<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Indirect Effects of a Change in Accounting Principle<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515603<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Accounting Change<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6503790<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Change in Accounting Principle<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507316<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.10-01.(b)(6))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27015980&amp;loc=d3e46468-122699<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Retrospective Application<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6523989<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 250<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28359718&amp;loc=d3e22583-107794<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6372559&amp;loc=d3e725-108305<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R11.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Significant Accounting Policies<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SignificantAccountingPoliciesTextBlock', window );">Significant Accounting Policies</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 2: Significant Accounting Policies</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Basis of Presentation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements have been prepared </font><font style='font-family:Times New Roman;font-size:10pt;' >in accordance with accounting principles generally accepted in the United States of America (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >GAAP</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. The preparation of financial statements in </font><font style='font-family:Times New Roman;font-size:10pt;' >conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of </font><font style='font-family:Times New Roman;font-size:10pt;' >revenues and expenses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >ertain amounts have been reclassified in prior years&#8217; financial statements to conform to the current presentation. These reclassifications had no impact on total revenues, expenses, assets, liabilities, or shareholders&#8217; equity for all periods presented.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >nsolidation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company has a controlling financial interest. All intercompany balances and transactions have been elimin</font><font style='font-family:Times New Roman;font-size:10pt;' >ated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a </font><font style='font-family:Times New Roman;font-size:10pt;' >variable interest entity (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Voting interest entities are entities in which (i)&#160;the total </font><font style='font-family:Times New Roman;font-size:10pt;' >equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&#160;the equity holders have the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity&#8217;s a</font><font style='font-family:Times New Roman;font-size:10pt;' >ctivities. Voting interest entities are consolidated when the Company has a majority voting interest.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIEs are entities that lack one or more of the characteristics of a voting interest entity. The consolidation of a VIE is required if an entity has a vari</font><font style='font-family:Times New Roman;font-size:10pt;' >able interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest or interests give it a controlling financial interest in the VIE. A controlling financial inte</font><font style='font-family:Times New Roman;font-size:10pt;' >rest is present when an enterprise has both (a)&#160;the power to direct the activities of a VIE that most significantly impact the entity&#8217;s economic performance and (b)&#160;the obligation to absorb losses or the right to receive benefits of the VIE that could pote</font><font style='font-family:Times New Roman;font-size:10pt;' >ntially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. The Company consolidates all VIEs in which it is the primary beneficiary. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 4: Variable Interest Entities</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; f</font><font style='font-family:Times New Roman;font-size:10pt;' >or additional information.</font><font style='font-family:Times New Roman;font-size:10pt;' > T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company elected to apply the fair value option to all financial assets and </font><font style='font-family:Times New Roman;font-size:10pt;' >financial </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities of certain consolidated VIEs on a VIE-by-VIE basis.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:13.5pt;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;' >Investments</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company classifies its investments as </font><font style='font-family:Times New Roman;font-size:10pt;' >available-for-sale (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >AFS&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, held-to-maturity</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;HTM&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, or trading. A</font><font style='font-family:Times New Roman;font-size:10pt;' >FS</font><font style='font-family:Times New Roman;font-size:10pt;' > investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net of applicable deferred income taxes, reflected in accumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;AOCI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >in shareholders&#8217; equity. Investments </font><font style='font-family:Times New Roman;font-size:10pt;' >carried at fair value are reported in the consolidated balance sheet </font><font style='font-family:Times New Roman;font-size:10pt;' >at fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes </font><font style='font-family:Times New Roman;font-size:10pt;' >in fair value and realized gains and losses from the sale of these securities are reflected in earnings as part of</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; Investments carried at fair value are classified </font><font style='font-family:Times New Roman;font-size:10pt;' >as trading </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >consist of debt securities held in portfolios that are actively managed and are subject to frequent buying an</font><font style='font-family:Times New Roman;font-size:10pt;' >d selling.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Short-term investments </font><font style='font-family:Times New Roman;font-size:10pt;' >held as AFS </font><font style='font-family:Times New Roman;font-size:10pt;' >include all fixed-maturity securities with a remaining effective term to maturity of less than one year, commercial paper and money market securities.</font><font style='font-family:Times New Roman;font-size:10pt;' > HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > investments are reported in the consolidated balance sh</font><font style='font-family:Times New Roman;font-size:10pt;' >eets at amortized cost. </font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >ebt securities </font><font style='font-family:Times New Roman;font-size:10pt;' >are classified as HTM investments when </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company has the ability and intent to hold such investments to maturity.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Investment income is recorded as earned.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Bond discounts and premiums are amortized using the effecti</font><font style='font-family:Times New Roman;font-size:10pt;' >ve yield method over the remaining term of the securities</font><font style='font-family:Times New Roman;font-size:10pt;' > and reported in &#8220;Net investment income.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > For </font><font style='font-family:Times New Roman;font-size:10pt;' >mortgage-backed securities (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >MBS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and ABS</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > discounts and premiums are </font><font style='font-family:Times New Roman;font-size:10pt;' >amortized using the </font><font style='font-family:Times New Roman;font-size:10pt;' >retrospective </font><font style='font-family:Times New Roman;font-size:10pt;' >method</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other-Than-Temporary Impairments on Investment Securities</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated statements of operations reflect the full impairment (the difference between a security&#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the ex</font><font style='font-family:Times New Roman;font-size:10pt;' >pected recovery of the amortized cost basis. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss componen</font><font style='font-family:Times New Roman;font-size:10pt;' >t of the impairment is recognized in earnings. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, the remaining fair value loss is recognized in </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of applicable deferred income taxes.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > securities for which the fair value is less than amortized cost are r</font><font style='font-family:Times New Roman;font-size:10pt;' >eviewed no less than quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several</font><font style='font-family:Times New Roman;font-size:10pt;' > factors, including but not limited to (a)&#160;the magnitude and duration of the decline, (b)&#160;credit indicators and&#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in cred</font><font style='font-family:Times New Roman;font-size:10pt;' >it spreads, and the financial condition of the issuer, and (c)&#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for ABS and CDOs are assessed using discounted cash flow mo</font><font style='font-family:Times New Roman;font-size:10pt;' >deling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Cash, Cash Equivalents and Collateral</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Cash and cash equivalents include cash on hand</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >demand deposits</font><font style='font-family:Times New Roman;font-size:10pt;' >, and deposits </font><font style='font-family:Times New Roman;font-size:10pt;' >with</font><font style='font-family:Times New Roman;font-size:10pt;' > banks with original maturities of less than 90 days.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Acquisition Costs</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company capitalizes and defers </font><font style='font-family:Times New Roman;font-size:10pt;' >acquisition costs </font><font style='font-family:Times New Roman;font-size:10pt;' >that are directly related to the successful acquisition of new or renewal insurance business. A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs are costs to acquir</font><font style='font-family:Times New Roman;font-size:10pt;' >e an insurance contract which result directly from and is essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs include compensation of employees involv</font><font style='font-family:Times New Roman;font-size:10pt;' >ed in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs also include ceding commissions paid by the Company in conne</font><font style='font-family:Times New Roman;font-size:10pt;' >ction with assuming business from other financial guarantors. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related premiums</font><font style='font-family:Times New Roman;font-size:10pt;' > are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:13.5pt;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;' >Property and Equipment</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Property and equipment consists of </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >and, buildings, leasehold improvements, furniture, fixtures and equipment and software</font><font style='font-family:Times New Roman;font-size:10pt;' > owned by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >. All property and equipment </font><font style='font-family:Times New Roman;font-size:10pt;' >held for use </font><font style='font-family:Times New Roman;font-size:10pt;' >is recorded at cost and, except for land, is depreciated over the appropriate useful life of the asset using the straight-line method. Leasehold improvements are amortized over the useful life of the imp</font><font style='font-family:Times New Roman;font-size:10pt;' >rovement or the remaining term of the lease, whichever is shorter. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s balance sheet </font><font style='font-family:Times New Roman;font-size:10pt;' >and any gain or loss on disposition is recognized </font><font style='font-family:Times New Roman;font-size:10pt;' >in earnings</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as a component of &#8220;Other net realized gains (losses).&#8221; Maintenance and repairs are charged to current earnings as incurred.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Property, leasehold improvements and equipment are tested for potential impairment whenever events or changes in circumstances sugg</font><font style='font-family:Times New Roman;font-size:10pt;' >est that an asset&#8217;s or asset group&#8217;s carrying value may not be fully recoverable. An impairment loss, calculated as the difference between the estimated fair value and the carrying value of an asset or asset group, is recognized if the sum of the expected </font><font style='font-family:Times New Roman;font-size:10pt;' >undiscounted cash flows relating to the asset or asset group is less than the corresponding carrying value.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s estimated remaining weighted average </font><font style='font-family:Times New Roman;font-size:10pt;' >useful lives of each class of assets </font><font style='font-family:Times New Roman;font-size:10pt;' >held for use as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > are</font><font style='font-family:Times New Roman;font-size:10pt;' > as follows:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Leasehold improvements</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Furniture and fixtures</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equipment and software</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4 years</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;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;' >Derivatives</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA has entered into derivative transactions as a</font><font style='font-family:Times New Roman;font-size:10pt;' >n a</font><font style='font-family:Times New Roman;font-size:10pt;' >lternative </font><font style='font-family:Times New Roman;font-size:10pt;' >form of financial guarantee and for purposes of </font><font style='font-family:Times New Roman;font-size:10pt;' >managing</font><font style='font-family:Times New Roman;font-size:10pt;' > risks associated with existing assets and liabilities. All derivative instruments are re</font><font style='font-family:Times New Roman;font-size:10pt;' >ported</font><font style='font-family:Times New Roman;font-size:10pt;' > at fair value on the </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheet</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > as either assets or liabilities depending on the rights or obligations under the contract, </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes in fair value are </font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' >ported </font><font style='font-family:Times New Roman;font-size:10pt;' >in the </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >statements of operations as </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;N</font><font style='font-family:Times New Roman;font-size:10pt;' >et gains (losses) on financial instruments at fa</font><font style='font-family:Times New Roman;font-size:10pt;' >ir value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;Unrealized gains (losses) on </font><font style='font-family:Times New Roman;font-size:10pt;' >insured derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > depending on the nature of the derivative.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company elected to record at fair value certain financial instruments that contained an embedded derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >that </font><font style='font-family:Times New Roman;font-size:10pt;' >requir</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > bi</font><font style='font-family:Times New Roman;font-size:10pt;' >furcation</font><font style='font-family:Times New Roman;font-size:10pt;' > from the host contract and to be accounted for separately as a derivative instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >. These </font><font style='font-family:Times New Roman;font-size:10pt;' >hybrid financial </font><font style='font-family:Times New Roman;font-size:10pt;' >instruments included certain </font><font style='font-family:Times New Roman;font-size:10pt;' >medium-term notes (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and certain </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >elected to fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >these </font><font style='font-family:Times New Roman;font-size:10pt;' >hybrid </font><font style='font-family:Times New Roman;font-size:10pt;' >financ</font><font style='font-family:Times New Roman;font-size:10pt;' >ial </font><font style='font-family:Times New Roman;font-size:10pt;' >instruments </font><font style='font-family:Times New Roman;font-size:10pt;' >given the complexity of bifurcating the embedded derivatives.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion of the Company&#8217;s use of derivatives and their impact on the Company&#8217;s consolidated financial statements and &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; fo</font><font style='font-family:Times New Roman;font-size:10pt;' >r derivative valuation techniques and fair value disclosures.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Offsetting of Fair Value Amounts Related to Derivative Instruments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company present</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > the fair value amounts recognized for eligible derivative contracts executed with the same counterparty on</font><font style='font-family:Times New Roman;font-size:10pt;' > a net basis in the consolidated balance sheets. Accrued receivables and accrued payables which meet the offsetting criteria are netted separately from the derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >amounts</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;O</font><font style='font-family:Times New Roman;font-size:10pt;' >ther assets</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; or &#8220;O</font><font style='font-family:Times New Roman;font-size:10pt;' >ther liabilities.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > Cash collateral is offset </font><font style='font-family:Times New Roman;font-size:10pt;' >against amounts recognized as derivative liabilities </font><font style='font-family:Times New Roman;font-size:10pt;' >and the related accrued interest </font><font style='font-family:Times New Roman;font-size:10pt;' >for eligible derivative contracts. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for the impact of </font><font style='font-family:Times New Roman;font-size:10pt;' >offsetting</font><font style='font-family:Times New Roman;font-size:10pt;' > eligible derivative contracts executed with the same counterparty on the conso</font><font style='font-family:Times New Roman;font-size:10pt;' >lidated balance sheets.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Fair Value Measurements&#8212;Definition and Hierarchy</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In determining fair value, the Company uses various valuation approaches, including both market and income approaches. The accounting guidance for fair value measurement establishes a</font><font style='font-family:Times New Roman;font-size:10pt;' > hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Co</font><font style='font-family:Times New Roman;font-size:10pt;' >mpany believes that market participants would use in pricing the asset or liability developed based on market data. Unobservable inputs are those that reflect the Company&#8217;s beliefs about the assumptions market participants would use in pricing the asset or</font><font style='font-family:Times New Roman;font-size:10pt;' > liability developed based on the best information available. The hierarchy is broken down into three levels based on the observability and reliability of inputs as follows:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 1&#8212;Valuations based on quoted prices in active markets for identical assets o</font><font style='font-family:Times New Roman;font-size:10pt;' >r liabilities that the Company has the ability to access. Assets utilizing Level 1 inputs generally include U.S. Treasuries, foreign government bonds, money market securities and certain corporate obligations that are highly liquid and actively traded.</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 2&#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that are traded less frequently than excha</font><font style='font-family:Times New Roman;font-size:10pt;' >nge-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by obser</font><font style='font-family:Times New Roman;font-size:10pt;' >vable market data. </font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 3&#8212;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose va</font><font style='font-family:Times New Roman;font-size:10pt;' >lue is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. </font></li></ul><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The level of activity in a market c</font><font style='font-family:Times New Roman;font-size:10pt;' >ontributes to the determination of whether an input is observable. An active market is one in which transactions for an asset or liability occurs with sufficient frequency and volume to provide pricing information on an ongoing basis. In determining whethe</font><font style='font-family:Times New Roman;font-size:10pt;' >r a market is active or inactive, the Company considers the following traits to be indicative of an active market:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >transactions are frequent and observable;</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >prices in the market are current;</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >price quotes among dealers do</font><font style='font-family:Times New Roman;font-size:10pt;' > not vary significantly over time; and</font></li><li style='list-style:disc;text-align:left;margin-top:4.5pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >sufficient information relevant to valuation is publicly available.</font></li></ul><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The availability of observable inputs can vary from product to product and period to period and is affected by a wide variety of factors, including, </font><font style='font-family:Times New Roman;font-size:10pt;' >the type of product, whether the product is new and not yet established in the marketplace, and other characteristics particular to the transaction. To the extent that valuation is based on models or inputs that are less observable or unobservable in the m</font><font style='font-family:Times New Roman;font-size:10pt;' >arket, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair valu</font><font style='font-family:Times New Roman;font-size:10pt;' >e may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is s</font><font style='font-family:Times New Roman;font-size:10pt;' >ignificant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Fair value is a market-based measure considered from the perspective of a market participant rather than an entity-specific measure. Therefore, even when market assumptions are not readily available</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s own assumptions are set to reflect those that it believes market participants would use in pricing the asset or liability at the measurement date. The Company uses prices and inputs that are current as of the measurement date, including dur</font><font style='font-family:Times New Roman;font-size:10pt;' >ing periods of market dislocation. In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition could cause an instrument to be reclassified from Level 1 to Level 2 or </font><font style='font-family:Times New Roman;font-size:10pt;' >from </font><font style='font-family:Times New Roman;font-size:10pt;' >Level 2 to Level 3.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company has also taken into account its own nonperformance risk and that of its counterparties when measuring fair value.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional fair value disclosures.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Loss and Loss Adjustment Expenses</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes loss rese</font><font style='font-family:Times New Roman;font-size:10pt;' >rves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve </font><font style='font-family:Times New Roman;font-size:10pt;' >is subsequently remeas</font><font style='font-family:Times New Roman;font-size:10pt;' >ured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >are recognized as </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense in the period of change. Measurem</font><font style='font-family:Times New Roman;font-size:10pt;' >ent and recognition of </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on information available as of the meas</font><font style='font-family:Times New Roman;font-size:10pt;' >urement date, including market information. Accretion of the discount on a </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve </font><font style='font-family:Times New Roman;font-size:10pt;' >is included in </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows present valued at applicable risk</font><font style='font-family:Times New Roman;font-size:10pt;' >-free rates as of the measurement date. Such amounts are reported within &#8220;Insurance loss recoverable&#8221; on the Company&#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >previous to a claim payment</font><font style='font-family:Times New Roman;font-size:10pt;' >, such recoveries are reclassified to &#8220;Insurance loss recoverable&#8221; upon payment of the related claim and remeasured each reporting period.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >, insurance loss recoverable, and accruals for </font><font style='font-family:Times New Roman;font-size:10pt;' >loss adjustment expense (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >LAE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > incurred are</font><font style='font-family:Times New Roman;font-size:10pt;' > disclosed in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Investment Agreements and Medium-Term Notes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investment agreements and MTNs are carried at </font><font style='font-family:Times New Roman;font-size:10pt;' >the principal amount outstanding plus accrued interest and net of any unamortized premiums or discounts or at fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value</font><font style='font-family:Times New Roman;font-size:10pt;' > for certain MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >. Interest expense is accrued at the contractual interest rate. Premiums and discounts related to investment agreements and MTNs are amortized </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported as interest expense based </font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >the effective</font><font style='font-family:Times New Roman;font-size:10pt;' > yield </font><font style='font-family:Times New Roman;font-size:10pt;' >method</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Long-term Debt</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Long-term debt is carried at</font><font style='font-family:Times New Roman;font-size:10pt;' > the principal amount outstanding plus accrued interest and net of any unamortized discounts.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Financial Guarantee Insurance Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Unearned Premium Revenue and Receivable for Future Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes a liability for unearned premium revenue</font><font style='font-family:Times New Roman;font-size:10pt;' > at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contract is measured at the present value of the premium due. For most financial guarantee i</font><font style='font-family:Times New Roman;font-size:10pt;' >nsurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certain other financial guarantee contracts, the Company receives premiums in installments</font><font style='font-family:Times New Roman;font-size:10pt;' > over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at the present value of premiums expected to be collected over the contract period or exp</font><font style='font-family:Times New Roman;font-size:10pt;' >ected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums for contracts where (a)&#160;the insured obligation is contractually prepayable, (b)&#160;prep</font><font style='font-family:Times New Roman;font-size:10pt;' >ayments are probable, (c)&#160;the amount and timing of prepayments are reasonably estimable, and (d)&#160;a homogenous pool of assets is the underlying collateral for the insured obligation. The Company has determined that substantially all of its installment contr</font><font style='font-family:Times New Roman;font-size:10pt;' >acts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Company reports the accretion of the discount on installment premiums receivable as premi</font><font style='font-family:Times New Roman;font-size:10pt;' >um revenue and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adjusts the receivable for uncollectible amounts and recognizes any write-off as operati</font><font style='font-family:Times New Roman;font-size:10pt;' >ng expense, and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Premium Revenue Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes and measures premium revenue over the period of </font><font style='font-family:Times New Roman;font-size:10pt;' >the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstanding in a given period to recognize a proportionate share of the premium received or e</font><font style='font-family:Times New Roman;font-size:10pt;' >xpected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of (a)&#160;the present value of premium received or expected to be received over the perio</font><font style='font-family:Times New Roman;font-size:10pt;' >d of the contract to (b)&#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >An issuer of an insured financial obligation may retire the obligation prior to its scheduled maturity through refinancing or le</font><font style='font-family:Times New Roman;font-size:10pt;' >gal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&#8217;s obligation being extinguished under the financial guarantee contract. The Company recognizes any remaining unearned premium revenue on the insured o</font><font style='font-family:Times New Roman;font-size:10pt;' >bligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Non-refundable commitment fees are considered insurance premiums and are initially recorded under unearned prem</font><font style='font-family:Times New Roman;font-size:10pt;' >ium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium written and earned using the constant rate method. If the commitment agreement expi</font><font style='font-family:Times New Roman;font-size:10pt;' >res before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Fee and Reimbursement Revenue Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company collects insurance related fees for services</font><font style='font-family:Times New Roman;font-size:10pt;' > performed in connection with certain transactions. In addition, the Company may be entitled to reimbursement of third-party insurance expenses that it incurs in connection with certain transactions. Depending upon the type of fee received and whether it i</font><font style='font-family:Times New Roman;font-size:10pt;' >s related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and consent, termination, administrative and management fees are earned when the related services a</font><font style='font-family:Times New Roman;font-size:10pt;' >re completed and the fee is received. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Fees related to investment management services are recognized in earnings over the period that the related services are provided. Asset management fees are typically based on the net asset values of assets under manag</font><font style='font-family:Times New Roman;font-size:10pt;' >ement.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Stock-Based Compensation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provided. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 16: Long-term Incentive Plans</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion regarding the methodology utilized in recogniz</font><font style='font-family:Times New Roman;font-size:10pt;' >ing employee stock compensation expense.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Foreign Currency Translation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial statement assets and liabilities denominated in foreign currencies are translated into U.S. dollars generally using rates of exchange prevailing </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >the balance sheet date. O</font><font style='font-family:Times New Roman;font-size:10pt;' >perating results are translated at average rates of exchange prevailing during the year. Unrealized gains or losses, net of deferred taxes, resulting from translation of the financial statements of a non-U.S. operation, when the functional currency is othe</font><font style='font-family:Times New Roman;font-size:10pt;' >r than the U.S. dollar, are included in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > in shareholders&#8217; equity. Foreign currency remeasurement gains and losses resulting from transactions in non-functional currencies are recorded in earnings. Exchange gai</font><font style='font-family:Times New Roman;font-size:10pt;' >ns and losses resulting from foreign currency transactions are recorded in earnings.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Income Taxes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Deferred income taxes are recorded with respect to loss carryforwards and temporary differences between the tax bases of assets and liabilities and the report</font><font style='font-family:Times New Roman;font-size:10pt;' >ed amounts in the Company&#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Such temporary differences relate principally to premium revenu</font><font style='font-family:Times New Roman;font-size:10pt;' >e recognition, </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred acquisition costs, unrealized gains or losses on investments and insured derivatives, asset impairments, cancellation of indebtedness income, and net operating losses. </font><font style='font-family:Times New Roman;font-size:10pt;' >Valuation allowances are established to reduce deferred tax asse</font><font style='font-family:Times New Roman;font-size:10pt;' >ts to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant authority.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc. and its eligible </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. subsidiaries file a consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ederal income tax return. The U.S. income taxes, which represent a majority of the taxes paid by the Company, are allocated based on the provisions of the&#160;Company&#8217;s tax sharing agreement which </font><font style='font-family:Times New Roman;font-size:10pt;' >governs the intercompany</font><font style='font-family:Times New Roman;font-size:10pt;' > settlement of tax obligations and benefits. The method of allocation between the members is generally based upon separate-company calculations as if each member filed a separate tax return on its own.</font><font style='font-family:Times New Roman;font-size:10pt;' > A</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of</font><font style='font-family:Times New Roman;font-size:10pt;' > December 31, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >4</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;' >any member with a net operati</font><font style='font-family:Times New Roman;font-size:10pt;' >ng loss (&#8220;NOL&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >not r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ny</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >nt </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >stand-alone </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >bu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >gro</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >p. </font><font style='font-family:Times New Roman;font-size:10pt;' >Each member with an NOL </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e b</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >tax </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > and credits </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >rn them</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >out </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he fu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ur</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >H</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >, based on current facts and circumstances, </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;' >In</font><font style='font-family:Times New Roman;font-size:10pt;' >c</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;' >has advised its subsidiaries that, its intention is </font><font style='font-family:Times New Roman;font-size:10pt;' >not </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ny member&#8217;s NOL, capital loss or tax credit carryforward g</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >any subsidiary</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >xp</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hout </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >nt such </font><font style='font-family:Times New Roman;font-size:10pt;' >carryforward is u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on. Such intention is independent of the tax sharing agreement which does not require any such compensation</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In establishing a liability for an unrecognized tax benefit (&#8220;UTB&#8221;), assumptions may be made in determining </font><font style='font-family:Times New Roman;font-size:10pt;' >whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to be realized. A tax position is recognized only when, based on management&#8217;s judgment regard</font><font style='font-family:Times New Roman;font-size:10pt;' >ing the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is based on the Company&#8217;s assessment of the largest amount of benefit that is more likely than</font><font style='font-family:Times New Roman;font-size:10pt;' > not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled through negotiation with the taxing authority or is only subject to review in the courts. As new</font><font style='font-family:Times New Roman;font-size:10pt;' > information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the amount previously recognized</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company recognizes an adjustment of the UTB.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 11: Income Taxes</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional information about the Company&#8217;s income taxes.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SignificantAccountingPoliciesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for all significant accounting policies of the reporting entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18726-107790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18861-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18743-107790<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18854-107790<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SignificantAccountingPoliciesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>111
<FILENAME>R23.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance Regulations and Dividends<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsAbstract', window );"><strong>Insurance Regulations And Dividends [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsTextBlock', window );">Insurance Regulations And Dividends</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 14: Insurance Regulations and Dividends</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA </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;' > and National are subject to insurance regulations and supervision of the State of New York (their state of incorporation) and all U.S. and non-U.S. jurisdictions in which they are licensed to conduct insurance business. </font><font style='font-family:Times New Roman;font-size:10pt;' >In order to maintain their New York</font><font style='font-family:Times New Roman;font-size:10pt;' > State financial guarantee insurance license, </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;' > and National are required to maintain a minimum of $</font><font style='font-family:Times New Roman;font-size:10pt;' >65</font><font style='font-family:Times New Roman;font-size:10pt;' > million of policyholders&#8217; surplus. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK </font><font style='font-family:Times New Roman;font-size:10pt;' >is authorized by the Prudential Regulation Authority and regulated </font><font style='font-family:Times New Roman;font-size:10pt;' >by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom. </font><font style='font-family:Times New Roman;font-size:10pt;' >The extent of insurance regulation and supervision varies by jurisdiction, but New York and most other jurisdictions have laws and regulations prescribing min</font><font style='font-family:Times New Roman;font-size:10pt;' >imum standards of solvency and business conduct, which must be maintained by insurance companies. Among other things, these laws prescribe permitted classes and concentrations of investments and limit both the aggregate and individual securities risks that</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA </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;' > and National may insure on a net basis based on the type of obligations insured. In addition, some insurance laws and regulations require the approval or filing of policy forms and rates. MBIA </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;' > and National </font><font style='font-family:Times New Roman;font-size:10pt;' >are required to file detailed annual financial statements with the NYSDFS and similar supervisory agencies in other jurisdictions in which it is licensed. The operations and accounts of MBIA </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;' > and National are subject to examination by </font><font style='font-family:Times New Roman;font-size:10pt;' >regulatory agencies at regular intervals.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >NYIL</font><font style='font-family:Times New Roman;font-size:10pt;' > regulates the payment of dividends by financial guarantee insurance companies and provides that such companies may not declare or distribute dividends except out of statutory ear</font><font style='font-family:Times New Roman;font-size:10pt;' >ned surplus. Under the NYIL, the sum of (i)&#160;the amount of dividends declared or distributed during the preceding 12-month period and (ii)&#160;the dividend to be declared may not exceed the lesser of (a)&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' >% of policyholders&#8217; surplus, as r</font><font style='font-family:Times New Roman;font-size:10pt;' >eported in the latest statutory financial statements and (b)&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >100</font><font style='font-family:Times New Roman;font-size:10pt;' >% of adjusted net investment income for such 12-month period (the net investment income for such 12-month period plus the excess, if any, of net investment income over dividends </font><font style='font-family:Times New Roman;font-size:10pt;' >declared or distributed during the two-year period preceding such 12-month period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligat</font><font style='font-family:Times New Roman;font-size:10pt;' >ions.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;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;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </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;' > did not declare or pay any dividends to MBIA Inc. or the holders of its preferred stock. MBIA </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;' > is currently unable to pay dividends, including those related to its preferred stock, as a resu</font><font style='font-family:Times New Roman;font-size:10pt;' >lt of its earned surplus deficit as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and is not expected to have any statutory capacity to pay any dividends in the near term. In connection with MBIA </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;' > obtaining approval from the NYSDFS to release excessive cont</font><font style='font-family:Times New Roman;font-size:10pt;' >ingency reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >in prior periods</font><font style='font-family:Times New Roman;font-size:10pt;' >, as described below, MBIA </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;' > agreed that it would not pay any dividends without prior approval from the NYSDFS.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >s a condition to the NYSDFS&#8217; approval of the </font><font style='font-family:Times New Roman;font-size:10pt;' >simultaneous repurchase and reverse repurchase agreement</font><font style='font-family:Times New Roman;font-size:10pt;' >s (&#8220;Asset Swap&#8221;) b</font><font style='font-family:Times New Roman;font-size:10pt;' >etween MBIA Inc. and National, the NYSDFS requested that, until the notional amount of the Asset Swap has been reduced to </font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' >% or less of National&#8217;s admitted assets, each of MBIA Inc., MBIA Insurance Corporation and Nati</font><font style='font-family:Times New Roman;font-size:10pt;' >onal provide the NYSDFS with three months prior notice, or such shorter period as the NYSDFS may permit, of its intent to initiate cash dividends on shares of its common stock. National declared and paid a dividend of $</font><font style='font-family:Times New Roman;font-size:10pt;' >220</font><font style='font-family:Times New Roman;font-size:10pt;' > million to its ulti</font><font style='font-family:Times New Roman;font-size:10pt;' >mate parent, MBIA Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > in the fourth quarter of 201</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > following notice to the NYSDFS.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As a result of the establishment of National, National and MBIA </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;' > exceeded as of the closing date certain single and aggregate risk limits under the </font><font style='font-family:Times New Roman;font-size:10pt;' >NYIL.&#160;These insurers obtained waivers from the NYSDFS of such limits.&#160;In connection with the waivers, they submitted a plan to the NYSDFS to achieve compliance with the applicable regulatory limits.&#160;Under the plans, they agreed not to write new financial g</font><font style='font-family:Times New Roman;font-size:10pt;' >uarantee insurance for certain issuers, and in MBIA </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;' >&#8217;s case, in certain categories of business, until they were in compliance with their single risk limits and agreed to take commercially reasonable steps, including considering reinsur</font><font style='font-family:Times New Roman;font-size:10pt;' >ance, the addition of capital and other risk mitigation strategies, in order to comply with the regulatory single and aggregate risk limits. As a condition to granting the waiver, the NYSDFS required that, in addition to complying with these plans, upon wr</font><font style='font-family:Times New Roman;font-size:10pt;' >itten notice from the NYSDFS, MBIA </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;' > and National, as applicable, would cease writing new financial guarantee insurance if it were not in compliance with the risk limitation requirements by December&#160;31, 2009. National </font><font style='font-family:Times New Roman;font-size:10pt;' >came into </font><font style='font-family:Times New Roman;font-size:10pt;' >complian</font><font style='font-family:Times New Roman;font-size:10pt;' >ce with its</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >aggregate risk limits</font><font style='font-family:Times New Roman;font-size:10pt;' > in 2011 and has a </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >de minimis</font><font style='font-family:Times New Roman;font-size:10pt;' > number of single risk limits overages remaining</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Insurance Corporation </font><font style='font-family:Times New Roman;font-size:10pt;' >was in compliance with </font><font style='font-family:Times New Roman;font-size:10pt;' >its aggregate risk limits under the </font><font style='font-family:Times New Roman;font-size:10pt;' >NYIL</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > If MBIA Insurance Corporation is not in compliance with its aggregate risk limit</font><font style='font-family:Times New Roman;font-size:10pt;' >s, the NYSDFS may </font><font style='font-family:Times New Roman;font-size:10pt;' >prevent MBIA Insurance Corporation from transacting any new financial guarantee insurance business until it no longer exceeds the limitations. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</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;' >exceeded</font><font style='font-family:Times New Roman;font-size:10pt;' > its aggregate risk limits. In </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </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;' > reported additional overages to the NYSDFS with respect to its single risk limits due to changes in its statutory capital.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under the NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to</font><font style='font-family:Times New Roman;font-size:10pt;' > provide protection to policyholders in the event of extreme losses in adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsuranc</font><font style='font-family:Times New Roman;font-size:10pt;' >e, refunding, refinancings and certain insured securities). Under the NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves, and </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >% of its loss reserves and unearned premium reserves, in certain</font><font style='font-family:Times New Roman;font-size:10pt;' > qualifying assets. Reductions in the contingency reserve may be recognized based on excess reserves and under certain stipulated conditions, subject to the approval of the Superintendent of the NYSDFS.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Prior to September 30, 2012, MBIA Corp. released to s</font><font style='font-family:Times New Roman;font-size:10pt;' >urplus an aggregate of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of contingency reserves pursuant to approvals granted by the NYSDFS in accordance with </font><font style='font-family:Times New Roman;font-size:10pt;' >the NYIL</font><font style='font-family:Times New Roman;font-size:10pt;' > during 2011 and 2012.  Absent these releases MBIA Corp. would have had deficits of qualifying assets to</font><font style='font-family:Times New Roman;font-size:10pt;' > meet its contingency reserve requirements.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >While MBIA Insurance Corporation currently satisfies its contingency reserve requirement, it had a deficit of qualifying assets required to support its contingency reserves as of September 30, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' >. The deficit </font><font style='font-family:Times New Roman;font-size:10pt;' >was caused by the sale of liquid assets in order to make claim payments and the failure of certain RMBS sellers/servicers to honor their contractual obligations to repurchase ineligible mortgage loans from securitizations the Company insured. </font><font style='font-family:Times New Roman;font-size:10pt;' >The deficit m</font><font style='font-family:Times New Roman;font-size:10pt;' >ay occur again in the future as MBIA Insurance Corporation depletes qualifying assets to make claims and commutation payments. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;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;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Insurance Corporation&#8217;s policyholders&#8217; surplus was negatively impacted by $</font><font style='font-family:Times New Roman;font-size:10pt;' >106</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >because under </font><font style='font-family:Times New Roman;font-size:10pt;' >NYIL</font><font style='font-family:Times New Roman;font-size:10pt;' > it was not permitted to trea</font><font style='font-family:Times New Roman;font-size:10pt;' >t as an admitted asset the portion of its investment in subsidiaries in excess of the greater of </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >% of policyholders&#8217; surplus or </font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' >% of </font><font style='font-family:Times New Roman;font-size:10pt;' >net admitted assets </font><font style='font-family:Times New Roman;font-size:10pt;' >less the par value of common</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >preferred stock</font><font style='font-family:Times New Roman;font-size:10pt;' > and l</font><font style='font-family:Times New Roman;font-size:10pt;' >iabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >. This overage was caused by a</font><font style='font-family:Times New Roman;font-size:10pt;' > de</font><font style='font-family:Times New Roman;font-size:10pt;' >crease </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Insurance Corporation&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >policyholders&#8217; surplus due to </font><font style='font-family:Times New Roman;font-size:10pt;' >insured losses in the past</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance Corporation&#8217;s policyholders&#8217; surplus may be further negatively impacted if future additional insured losses are incurred and the percentage of its assets invested in subsidiaries continues to increase.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >R</font><font style='font-family:Times New Roman;font-size:10pt;' >esults of operations for MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Cor</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > determined in accordance with statutory accounting practices for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > were net losses of $</font><font style='font-family:Times New Roman;font-size:10pt;' >35</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >494</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </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;' >&#8217;s statut</font><font style='font-family:Times New Roman;font-size:10pt;' >ory capital was $</font><font style='font-family:Times New Roman;font-size:10pt;' >859</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion, consisting of</font><font style='font-family:Times New Roman;font-size:10pt;' > policyholders&#8217; surplus of $</font><font style='font-family:Times New Roman;font-size:10pt;' >542</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion </font><font style='font-family:Times New Roman;font-size:10pt;' >and contingency reserve of $</font><font style='font-family:Times New Roman;font-size:10pt;' >317</font><font style='font-family:Times New Roman;font-size:10pt;' > million. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >rp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > had statutory capital of $</font><font style='font-family:Times New Roman;font-size:10pt;' >825</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, National h</font><font style='font-family:Times New Roman;font-size:10pt;' >ad statutory net income of $</font><font style='font-family:Times New Roman;font-size:10pt;' >238</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >256</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, Nation</font><font style='font-family:Times New Roman;font-size:10pt;' >al&#8217;s statutory capital was $</font><font style='font-family:Times New Roman;font-size:10pt;' >3.3</font><font style='font-family:Times New Roman;font-size:10pt;' > billion, consisting of</font><font style='font-family:Times New Roman;font-size:10pt;' > policyholders&#8217; surplus of $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd contingency reserves of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, National </font><font style='font-family:Times New Roman;font-size:10pt;' >had statutory capital of $</font><font style='font-family:Times New Roman;font-size:10pt;' >3.3</font><font style='font-family:Times New Roman;font-size:10pt;' > billion.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceRegulationsAndDividendsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceRegulationsAndDividendsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceRegulationsAndDividendsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure of Insurance regulations and dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceRegulationsAndDividendsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>112
<FILENAME>R19.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Debt<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureTextBlock', window );">Debt</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 10: Debt</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Long-Term Debt</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;' >The Company&#8217;s long-term debt consists of notes and debentures </font><font style='font-family:Times New Roman;font-size:10pt;' >including accrued interest</font><font style='font-family:Times New Roman;font-size:10pt;' > as follows:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td colspan='5' rowspan='1' style='width:102.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:135pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:135pt;text-align:center;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.400% Senior Notes due 2022</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.000% Debentures due 2025</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.150% Debentures due 2027</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.625% Debentures due 2028</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.700% Senior Notes due 2034</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >592</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >592</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14% Surplus Notes due 2033</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >278</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >170</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:31.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,810</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,702</font></td><td style='width:135pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Callable on or after August 15, 2006 at 100.00.</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Callable anytime at the greater of 100.00 or the present value of the remaining scheduled</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >          payments of principal and interest.</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td><td colspan='7' rowspan='1' style='width:284.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:284.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</font></td><td style='width:135pt;text-align:left;border-color:Black;min-width:135pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In addition to t</font><font style='font-family:Times New Roman;font-size:10pt;' >he preceding table</font><font style='font-family:Times New Roman;font-size:10pt;' >, a</font><font style='font-family:Times New Roman;font-size:10pt;' >s of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, National owned $</font><font style='font-family:Times New Roman;font-size:10pt;' >136</font><font style='font-family:Times New Roman;font-size:10pt;' > million principal amount of the 5.70</font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% Senior Notes due 2034 that are eliminated on a consolidated basis.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s long-term debt presented in the preceding table is</font><font style='font-family:Times New Roman;font-size:10pt;' > subject to certain restrictive covenants, none of which significantly restrict the Company&#8217;s operating activities or dividend-paying ability. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company was in compliance with all debt covenants as there was no occ</font><font style='font-family:Times New Roman;font-size:10pt;' >urrence of any event of default with respect to the above securities. Key events of default include</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i)&#160;default in the payment of any interest or principal when it becomes due and payable, (ii)&#160;default in the performance, or breach, of any covenant or war</font><font style='font-family:Times New Roman;font-size:10pt;' >ranty of MBIA, (iii)&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >in the case of certain long-term debt, MBIA Inc.&#8217;s failure to make a payment on certain indebtedness in an </font><font style='font-family:Times New Roman;font-size:10pt;' >amount in excess of $</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million, (iv)&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >in the case of certain series of long-term debt, the Company&#8217;s default with respect to cer</font><font style='font-family:Times New Roman;font-size:10pt;' >tain indebtedness that results in the acceleration of certain indebtedness in an amount in excess of $10 million, (v) </font><font style='font-family:Times New Roman;font-size:10pt;' >entry by a court having jurisdiction in the premises of a decree or order for relief in respect of MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' >, or in the case of certain long-te</font><font style='font-family:Times New Roman;font-size:10pt;' >rm debt, National,</font><font style='font-family:Times New Roman;font-size:10pt;' > in an involuntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law, and (v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >)&#160;commencement by MBIA of a voluntary case or proceeding under any applicable federal or state</font><font style='font-family:Times New Roman;font-size:10pt;' > bankruptcy, insolvency, reorganization or other similar law.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On January&#160;16, 2008, MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >issued $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.0 </font><font style='font-family:Times New Roman;font-size:10pt;' >billion of </font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >% fixed-to-floating rate surplus notes due January&#160;15, 2033. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of December 31, 2014, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > has </font><font style='font-family:Times New Roman;font-size:10pt;' >repurchased a total of $</font><font style='font-family:Times New Roman;font-size:10pt;' >47</font><font style='font-family:Times New Roman;font-size:10pt;' > million p</font><font style='font-family:Times New Roman;font-size:10pt;' >ar value outstanding of its surplus notes at a</font><font style='font-family:Times New Roman;font-size:10pt;' > weighted average price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >77.08</font><font style='font-family:Times New Roman;font-size:10pt;' > and in addition, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc., through </font><font style='font-family:Times New Roman;font-size:10pt;' >its corporate segment,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >owned $</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > million </font><font style='font-family:Times New Roman;font-size:10pt;' >of MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >surplus notes</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The surplus notes </font><font style='font-family:Times New Roman;font-size:10pt;' >had an initial </font><font style='font-family:Times New Roman;font-size:10pt;' >interest rate of </font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >% until January&#160;15</font><font style='font-family:Times New Roman;font-size:10pt;' >, 2013 and thereafter have an interest rate of </font><font style='font-family:Times New Roman;font-size:10pt;' >three-month LIBOR</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >plus </font><font style='font-family:Times New Roman;font-size:10pt;' >11.26</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' >. Interest and principal payments on the surplus notes are subject to prior approval by the Superintendent of the NYSDFS. </font><font style='font-family:Times New Roman;font-size:10pt;' >From the January 15, 2013 interest payment to the present,</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >orp</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s requests for approval of the note interest payments have been denied by the NYSDFS.</font><font style='font-family:Times New Roman;font-size:12pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >provided notice to the Fiscal Agent </font><font style='font-family:Times New Roman;font-size:10pt;' >that </font><font style='font-family:Times New Roman;font-size:10pt;' >it has not made a scheduled interest payment. The deferred interest payment will become due on the first b</font><font style='font-family:Times New Roman;font-size:10pt;' >usiness day on or after which MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >obtains approval to make such payment. No interest will accrue on the deferred interest. </font><font style='font-family:Times New Roman;font-size:10pt;' >The surplus notes were </font><font style='font-family:Times New Roman;font-size:10pt;' >callable at par at </font><font style='font-family:Times New Roman;font-size:10pt;' >the option of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >on the fifth anniversary of the date of issuance</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >are c</font><font style='font-family:Times New Roman;font-size:10pt;' >allable at par on January 15, 2018 and </font><font style='font-family:Times New Roman;font-size:10pt;' >every fifth anniversary thereafter</font><font style='font-family:Times New Roman;font-size:10pt;' > and are callable on any other date at par plus a make-whole amount, </font><font style='font-family:Times New Roman;font-size:10pt;' >subject to prior approval by the Superintendent and other restrictions. The cash received from the issuance of sur</font><font style='font-family:Times New Roman;font-size:10pt;' >plus notes was used for general business purposes and the deferred debt issuance costs are being amortized over the term of the surplus notes. </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;' >The aggregate maturities of principal payments of long-term debt obligations in each of the next five years endi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng December 31, and thereafter, are as follows:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Thereafter</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate debt</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >14% Surplus Notes due 2033</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total debt obligations due</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >584</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,524</font></td></tr><tr style='height:13.5pt;' ><td style='width:135.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >__________</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='22' rowspan='1' style='width:540pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</font></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;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;' >Investment Agreement</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Obligations under investment agreement contracts are recorded as liabilities on the Company&#8217;s consolidated balance sheets based upon proceeds received plus unpaid accrued interest at the balance sheet date. Upon the </font><font style='font-family:Times New Roman;font-size:10pt;' >occurrence of certain contractually agreed-upon events, some of these funds may be withdrawn by the investor prior to their contractual maturity dates. </font><font style='font-family:Times New Roman;font-size:10pt;' >All of the investment agreements have been collateralized in accordance with the contractual terms. </font><font style='font-family:Times New Roman;font-size:10pt;' >Addi</font><font style='font-family:Times New Roman;font-size:10pt;' >tionally, certain investment agreements provide for early termination</font><font style='font-family:Times New Roman;font-size:10pt;' >, including, in some cases, with make-whole payments, upo</font><font style='font-family:Times New Roman;font-size:10pt;' >n certain other events including the bankruptcy of MBIA Inc. or the commencement of an insolvency proceeding with respect to </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp. </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;' >Investment agreements have been issued with either fixed or floating interest rates in U.S. dollars. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the annual interest rates on </font><font style='font-family:Times New Roman;font-size:10pt;' >these agreements ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >3.48</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >7.38</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate </font><font style='font-family:Times New Roman;font-size:10pt;' >was </font><font style='font-family:Times New Roman;font-size:10pt;' >5.50</font><font style='font-family:Times New Roman;font-size:10pt;' >%. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the annual interest rates on these agreements ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >0.21</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >7.38</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >5.10</font><font style='font-family:Times New Roman;font-size:10pt;' >%. Expected principal payments due under these investment agreements in each of the next five</font><font style='font-family:Times New Roman;font-size:10pt;' > years ending December&#160;31 and thereafter, based upon contractual maturity dates, are as follows:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:13.5pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:75.75pt;text-align:center;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >455</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >615</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td style='width:315pt;text-align:left;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >547</font></td><td style='width:75.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.</font></td><td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:74.25pt;text-align:left;border-color:Black;min-width:74.25pt;' ></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts of $75 million on investment agreements, net of accrued interest of $7 million.</font></td><td style='width:75.75pt;text-align:left;border-color:Black;min-width:75.75pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;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;' >Medium-Term Notes</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;' >MTN</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > are recorded as liabilities on the Company&#8217;s balance sheets based upon proceeds received, net of unamortized discounts and premiums, plus unpaid accrued interest at the balance sheet date. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' > are measured at fair value in accordance with the accounting guidance for hybrid financial instruments. MTNs are issued by </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Global Funding, LLC (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >GFL</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >with either fixed or floating int</font><font style='font-family:Times New Roman;font-size:10pt;' >erest rates and </font><font style='font-family:Times New Roman;font-size:10pt;' >in U.S. dollars and foreign currencies. </font><font style='font-family:Times New Roman;font-size:10pt;' >During the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company retired the remaining $</font><font style='font-family:Times New Roman;font-size:10pt;' >129</font><font style='font-family:Times New Roman;font-size:10pt;' > million of outstanding MTNs issued by the Company&#8217;s conduit segment at a cost of </font><font style='font-family:Times New Roman;font-size:10pt;' >97</font><font style='font-family:Times New Roman;font-size:10pt;' >% of par </font><font style='font-family:Times New Roman;font-size:10pt;' >value and completed the </font><font style='font-family:Times New Roman;font-size:10pt;' >liquidation </font><font style='font-family:Times New Roman;font-size:10pt;' >this business. The Company also repurchased approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >122</font><font style='font-family:Times New Roman;font-size:10pt;' > million par value outstanding of GFL MTNs issued by the Company&#8217;s corporate segment at a weighted average cost of approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >98</font><font style='font-family:Times New Roman;font-size:10pt;' >% of par value. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the interest ra</font><font style='font-family:Times New Roman;font-size:10pt;' >tes of the MTNs ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >9.08</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighte</font><font style='font-family:Times New Roman;font-size:10pt;' >d average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.44</font><font style='font-family:Times New Roman;font-size:10pt;' >%. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the interest rates of the MTNs ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >8.93</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.67</font><font style='font-family:Times New Roman;font-size:10pt;' >%. E</font><font style='font-family:Times New Roman;font-size:10pt;' >xpected principal payments due under MTN obligations based on their contractual maturity dates are as follows:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:93pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >102</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,152</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,546</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >345</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td style='width:329.25pt;text-align:left;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,201</font></td><td style='width:75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:93pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for notes issued at a discount or premium.</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts of $306 million, fair value adjustments of $45 million, net of accrued interest of $6 million.</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company may buy back and extinguish debt originally issued by either MBIA Inc. or its sub</font><font style='font-family:Times New Roman;font-size:10pt;' >sidiaries. Purchase prices are generally negotiated through dealers, similar to buying or selling an asset in the open market. The Company repurchases its debt in</font><font style='font-family:Times New Roman;font-size:10pt;' > an effort to improve its own economic position while also providing liquidity to investors of MBIA debt. In all cases, debt buybacks were executed in response to investor or dealer inquiries.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Variable Interest Entit</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >y Notes </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIE notes are variable interest</font><font style='font-family:Times New Roman;font-size:10pt;' > rate debt instruments</font><font style='font-family:Times New Roman;font-size:10pt;' > that were issued primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >in U.S. dollars by consolidated VIEs within the Company&#8217;s international </font><font style='font-family:Times New Roman;font-size:10pt;' >and structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance</font><font style='font-family:Times New Roman;font-size:10pt;' > segment</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >These </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes consist of debt instruments issued by issuer-sponsored consolidated VIEs collaterali</font><font style='font-family:Times New Roman;font-size:10pt;' >zed by assets held by those consolidated VIEs.</font><font style='font-family:Times New Roman;font-size:10pt;' > In addition,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as of December 31, 2014, the Company&#8217;s advisory services segment had $431 million of VIE notes that </font><font style='font-family:Times New Roman;font-size:10pt;' >are presented separately in &#8220;Liabilities held for sale&#8221; on the Company&#8217;s consolidated balance sh</font><font style='font-family:Times New Roman;font-size:10pt;' >eets. Effective January 1, 2015, the Company completed the sale of its Cutwater business</font><font style='font-family:Times New Roman;font-size:10pt;' > and deconsolidated these </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. Refer to &#8220;Note 1: Business Developments and Risks and Uncertainties&#8221; for additional information about the sale of Cutwater. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The maturit</font><font style='font-family:Times New Roman;font-size:10pt;' >y of </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s international and structured finance insurance segment&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > is presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:75pt;text-align:center;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2015</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >471</font></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2016</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >336</font></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >346</font></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >321</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >299</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,031</font></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,804</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' > (1)</font></sup></td><td style='width:75pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ></td><td style='width:75pt;text-align:left;border-color:Black;min-width:75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:73.5pt;text-align:left;border-color:Black;min-width:73.5pt;' ></td><td colspan='5' rowspan='1' style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 20, 22<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.19,20,22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>113
<FILENAME>R84.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ERECK">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Credit Ratings Of Asset-Backed And Mortgage-Backed Securities And Corporate Obligations In Available-For-Sale Investments For Which Fair Value Was Less Than Amortized Cost) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">$ 2,071</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">$ 3,457</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" onclick="toggleNextSibling(this);">(147)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" onclick="toggleNextSibling(this);">(229)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">195</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(33)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">442</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(11)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">719</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">(92)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember', window );">Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">1,356</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">(136)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember', window );">Moody's Aaa [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">58</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember', window );">Moody's Aaa [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">412</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember', window );">Moody's Aaa [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">249</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember', window );">Moody's Aaa [Member] | Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">719</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember', window );">Moodys Aa 1 Rating [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember', window );">Moodys Aa 1 Rating [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember', window );">Moodys Aa 1 Rating [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">201</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember', window );">Moodys Aa 1 Rating [Member] | Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember', window );">Moody's A1 [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember', window );">Moody's A1 [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember', window );">Moody's A1 [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember', window );">Moody's A1 [Member] | Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">213</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember', window );">Moody's Baa 1 Rating [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember', window );">Moody's Baa 1 Rating [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember', window );">Moody's Baa 1 Rating [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember', window );">Moody's Baa 1 Rating [Member] | Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember', window );">Below Investment Grade [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember', window );">Below Investment Grade [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember', window );">Below Investment Grade [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember', window );">Below Investment Grade [Member] | Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">81</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_BelowInvestmentGradeMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember', window );">Not Rated [Member] | Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember', window );">Not Rated [Member] | Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember', window );">Not Rated [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember', window );">Not Rated [Member] | Total ABS MBS and Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems', window );"><strong>Schedule Of Available For Sale Securities [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments[us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember;us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember]" onclick="toggleNextSibling(this);">$ (90)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_NotRatedMember<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= mbi_AbsMbsCorporateObligationsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=mbi_BelowInvestmentGradeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=mbi_NotRatedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA1RatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAa1RatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AbsMbsCorporateObligationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>114
<FILENAME>R15.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss and Loss Adjustment Expense Reserves<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock', window );">Loss and Loss Adjustment Expense Reserves</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</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;font-weight:bold;font-style:italic;margin-left:0pt;' >Loss and Loss Adj</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >ustment Expense Process</font></p></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s insured portfolio management groups within its U.S. public finance insurance and international</font><font style='font-family:Times New Roman;font-size:10pt;' > and structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance businesses (collectively, &#8220;IPM&#8221;) monitor MBIA&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > outstanding insured obligations with the objective of minimizing losses. IPM meets this objective by identifying issuers that, because of deterioration in credit quality or changes in the economic, regulatory or political environment, are at a heightened </font><font style='font-family:Times New Roman;font-size:10pt;' >risk of defaulting on debt service o</font><font style='font-family:Times New Roman;font-size:10pt;' >f obligations insured by MBIA. In such cases, IPM works with the issuer, trustee, bond counsel, servicer, underwriter and other interested parties in an attempt to alleviate or remedy the problem and avoid defaults on de</font><font style='font-family:Times New Roman;font-size:10pt;' >bt service payments. Once an obligation is insured, MBIA typically requires the issuer, servicer (if applicable) and the trustee to furnish periodic financial and asset-related information, including audited financial statements, to IPM for review. IPM als</font><font style='font-family:Times New Roman;font-size:10pt;' >o monitors publicly available information related to insured obligations. Potential problems uncovered through this review, such as poor financial results, low fund balances, covenant or trigger violations and trustee or servicer problems, or other events </font><font style='font-family:Times New Roman;font-size:10pt;' >that could have an adverse impact on the insured obligation, could result in an immediate surveillance review and an evaluation of possible remedial actions. IPM also monitors and evaluates the impact on issuers of general economic conditions, current and </font><font style='font-family:Times New Roman;font-size:10pt;' >proposed legislation and regulations, as well as </font><font style='font-family:Times New Roman;font-size:10pt;' >sovereign, </font><font style='font-family:Times New Roman;font-size:10pt;' >state and municipal finances and budget developments.</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;' >The frequency and extent of </font><font style='font-family:Times New Roman;font-size:10pt;' >IPM&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > monitoring is based on the criteria and categories described below. Insured obligations that are judged to m</font><font style='font-family:Times New Roman;font-size:10pt;' >erit more frequent and extensive monitoring or remediation activities due to a deterioration in the underlying credit quality of the insured obligation or the occurrence of adverse events related to the underlying credit of the issuer are assigned to a sur</font><font style='font-family:Times New Roman;font-size:10pt;' >veillance category (&#8220;Caution List&#8212;Low,&#8221; &#8220;Caution List&#8212;Medium,&#8221; &#8220;Caution List&#8212;High&#8221; or &#8220;Classified List&#8221;) depending on the extent of credit deterioration or the nature of the adverse events. IPM monitors insured obligations assigned to a surveillance catego</font><font style='font-family:Times New Roman;font-size:10pt;' >ry more frequently and, if needed, develops a remediation plan to address any credit deterioration.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Re</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</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;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wai</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >go</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ena</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >igge</font><font style='font-family:Times New Roman;font-size:10pt;' >rs, </font><font style='font-family:Times New Roman;font-size:10pt;' >wai</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ing</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;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >s, </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >cc</font><font style='font-family:Times New Roman;font-size:10pt;' >ele</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</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;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</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;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ban</font><font style='font-family:Times New Roman;font-size:10pt;' >kr</font><font style='font-family:Times New Roman;font-size:10pt;' >up</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >cy</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' >hip</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;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ila</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >sk</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >na</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >gi</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >edia</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</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;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >rt</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ch r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >edia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MB</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ks</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ve </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >n c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</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;' >F</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >me</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</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;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A-</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >m</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;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >ela</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</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;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</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;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company does not establish any case basis reserves for insured obligations that are assigned to &#8220;Caution List&#8212;Low,&#8221; &#8220;Caution List&#8212;Medium&#8221; or &#8220;Caution List&#8212;High.&#8221; In the event MBIA expects to pay a claim with respect to an insured tr</font><font style='font-family:Times New Roman;font-size:10pt;' >ansaction, it places the insured transaction on its &#8220;Classified List&#8221; and establishes a case basis reserve. </font><font style='font-family:Times New Roman;font-size:10pt;' >When there are no remaining expected future claim payments, the insured transaction is removed from the &#8220;Classified List.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >The following provides a </font><font style='font-family:Times New Roman;font-size:10pt;' >description of each surveillance category:</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Caution List&#8212;Low&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances. However, debt service protection and other measures of credit support and stability may h</font><font style='font-family:Times New Roman;font-size:10pt;' >ave declined since the transaction was underwritten and the issuer is less able to withstand further adverse events. Transactions in this category generally require more frequent monitoring than transactions that do not appear within a surveillance categor</font><font style='font-family:Times New Roman;font-size:10pt;' >y. IPM subjects issuers in this category to heightened scrutiny.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Caution List&#8212;Medium&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances, although adverse trends have developed and are more pronounced t</font><font style='font-family:Times New Roman;font-size:10pt;' >han for &#8220;Caution List &#8211; Low.&#8221; Issuers in this category may have breached one or more covenants or triggers. These issuers are more closely monitored by IPM but generally take remedial action on their own.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Caution List&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' >High</font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes issuers where more pr</font><font style='font-family:Times New Roman;font-size:10pt;' >oactive remedial action is needed but where no defaults on debt service payments are expected. Issuers in this category exhibit more significant weaknesses, such as low debt service coverage, reduced or insufficient collateral protection or inadequate liqu</font><font style='font-family:Times New Roman;font-size:10pt;' >idity, which could lead to debt service defaults in the future. Issuers in this category may have breached one or more covenants or triggers and have not taken conclusive remedial action. Therefore, IPM adopts a remediation plan and takes more proactive re</font><font style='font-family:Times New Roman;font-size:10pt;' >medial actions.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Classified List&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' >Includes</font><font style='font-family:Times New Roman;font-size:10pt;' > all insured obligations where MBIA has paid a claim or where a claim payment is expected. It also includes insured obligations where a significant LAE payment has been made, or is expected to be made, to mitigate</font><font style='font-family:Times New Roman;font-size:10pt;' > a claim payment. This may include property improvements, bond purchases and commutation payments. Generally, IPM is actively remediating these credits where possible, including restructurings through legal proceedings, usually with the assistance of speci</font><font style='font-family:Times New Roman;font-size:10pt;' >alist counsel and advisors.</font></p><p style='text-align:left;line-height:12pt;' ></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;' >In establishing case basis loss reserves, the Company calculates the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a discount rate equal to the risk-free rate applicable to th</font><font style='font-family:Times New Roman;font-size:10pt;' >e currency and the weighted average remaining life of the insurance contract as required by accounting principles for financial guarantee contracts. Yields on U.S. Treasury offerings are used to discount loss reserves denominated in U.S. dollars, which rep</font><font style='font-family:Times New Roman;font-size:10pt;' >resent the majority of the loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. If the Company were to apply different discount rates, its case basis reser</font><font style='font-family:Times New Roman;font-size:10pt;' >ves may have been higher or lower than those established as of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. For example, a higher discount rate applied to </font><font style='font-family:Times New Roman;font-size:10pt;' >expected</font><font style='font-family:Times New Roman;font-size:10pt;' > future payments would have decreased the amount of a case basis reserve established by the Company and a lower rate would have increased the amount of a reserve established by the Company. Similarly</font><font style='font-family:Times New Roman;font-size:10pt;' >, a higher discount rate applied to the potential future recoveries would have decreased the amount of a loss recoverable established by the Company and a lower rate would have increased the amount of a loss recoverable established by the Company.</font></p></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;margin-left:0pt;' >U.S. Public Finance</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' > Insurance</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >U.S. public finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insur</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > transactions consist</font><font style='font-family:Times New Roman;font-size:10pt;' > of municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational </font><font style='font-family:Times New Roman;font-size:10pt;' >facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public purpose. The Company estimates future losses by using probability-weighted sce</font><font style='font-family:Times New Roman;font-size:10pt;' >narios that are customized to each insured transaction. Future loss estimates consider debt service due for each insured transaction, which includes par outstanding and interest due.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company established loss and </font><font style='font-family:Times New Roman;font-size:10pt;' >LAE reserves totaling $</font><font style='font-family:Times New Roman;font-size:10pt;' >45</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >87</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, and insurance loss recoverable of $</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, related to U.S. public finance issues. For the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, losses and LAE incurred was a benefit of $</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million, primarily related to decreases in reserves for certain general obligation bonds, partially offset by increases in reserves for Puerto Rico exposures. </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;' >Certain local governments remain under financ</font><font style='font-family:Times New Roman;font-size:10pt;' >ial and budgetary stress and </font><font style='font-family:Times New Roman;font-size:10pt;' >a few </font><font style='font-family:Times New Roman;font-size:10pt;' >have filed for protection under the United States Bankruptcy Code, or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. This could lead</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 </font><font style='font-family:Times New Roman;font-size:10pt;' >of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >insured transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company</font><font style='font-family:Times New Roman;font-size:10pt;' > monitor</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > and analyze</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > these situations closely</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >however</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the overall extent an</font><font style='font-family:Times New Roman;font-size:10pt;' >d duration of </font><font style='font-family:Times New Roman;font-size:10pt;' >such</font><font style='font-family:Times New Roman;font-size:10pt;' > events </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > uncertain</font><font style='font-family:Times New Roman;font-size:10pt;' > and the filing for protection under the United States Bankruptcy Code or entering state statutory proceedings does not result in a default or indicate that an ultimate loss will occur</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had $</font><font style='font-family:Times New Roman;font-size:10pt;' >98.9</font><font style='font-family:Times New Roman;font-size:10pt;' > billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >124.9</font><font style='font-family:Times New Roman;font-size:10pt;' > billion, respectively, of gross par outstanding on general obligations, of which $</font><font style='font-family:Times New Roman;font-size:10pt;' >152</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >161</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, were reflected on the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Classified List.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Capital appreciation bonds </font><font style='font-family:Times New Roman;font-size:10pt;' >are reported at the par amount </font><font style='font-family:Times New Roman;font-size:10pt;' >at the time of </font><font style='font-family:Times New Roman;font-size:10pt;' >issuance of the insurance policy</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;margin-left:0pt;' >International</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' > and Structured Finance</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' > Insurance</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;text-decoration:underline;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the majority of the </font><font style='font-family:Times New Roman;font-size:10pt;' >international and structured finance insurance segment&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > case basis reserves and insurance loss recoveries recorded in accordance with GAAP were related to </font><font style='font-family:Times New Roman;font-size:10pt;' >insured </font><font style='font-family:Times New Roman;font-size:10pt;' >second </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >first-lien RMBS transactions</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >These reserves and recoveries do not include estimates for policies insuring credit derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' > or losses a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd recoveries on financial guarantee VIEs that are eliminated in consolidation</font><font style='font-family:Times New Roman;font-size:10pt;' >. Policies insuring credit derivative contracts are accounted for as derivatives and carried at fair value under GAAP. The fair values of insured derivative contracts are influen</font><font style='font-family:Times New Roman;font-size:10pt;' >ced by a variety of market and transaction-specific factors that may be unrelated to potential future claim payments under the Company&#8217;s insurance policies. In the absence of credit impairments on insured derivative contracts or the early termination of su</font><font style='font-family:Times New Roman;font-size:10pt;' >ch contracts at a loss, the cumulative unrealized losses recorded from these contracts should reverse before or at the maturity of the contracts.</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;' >Notwithstanding the difference in accounting under GAAP for financial guarantee policies and the Company&#8217;s ins</font><font style='font-family:Times New Roman;font-size:10pt;' >ured derivatives, insured derivatives have similar terms, conditions, risks, and economic profiles to financial guarantee insurance policies, and therefore, are evaluated by the Company for loss (referred to as credit impairment herein) and LAE periodicall</font><font style='font-family:Times New Roman;font-size:10pt;' >y in </font><font style='font-family:Times New Roman;font-size:10pt;' >a manner similar to </font><font style='font-family:Times New Roman;font-size:10pt;' >the way that loss and LAE reserves are estimated for financial guarantee insurance policies. Credit impairments represent actual payments and collections plus the present value of estimated expected future claim payments, net of re</font><font style='font-family:Times New Roman;font-size:10pt;' >coveries. MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp.&#8217;s, exclusive of MBIA UK, </font><font style='font-family:Times New Roman;font-size:10pt;' >expected future claim payments </font><font style='font-family:Times New Roman;font-size:10pt;' >for insured derivatives </font><font style='font-family:Times New Roman;font-size:10pt;' >were discounted using a rate of </font><font style='font-family:Times New Roman;font-size:10pt;' >5.17</font><font style='font-family:Times New Roman;font-size:10pt;' >%, the same rate it used to calculate its statutory loss reserves as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA UK used </font><font style='font-family:Times New Roman;font-size:10pt;' >a rate of </font><font style='font-family:Times New Roman;font-size:10pt;' >2.20</font><font style='font-family:Times New Roman;font-size:10pt;' >% to discount its expected future claim payments and statutory loss reserves. </font><font style='font-family:Times New Roman;font-size:10pt;' >These credit impairments, calculated in accordance with </font><font style='font-family:Times New Roman;font-size:10pt;' >statutory accounting principles (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. STAT</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > differ from the fair values recorded in the Company&#8217;s consolid</font><font style='font-family:Times New Roman;font-size:10pt;' >ated financial statements. The Company considers its credit impairment estimates as critical information for investors as it provides information about loss payments the Company expects to make on insured derivative contracts. As a result, the following lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss and LAE process discussion includes information about loss and LAE activity recorded in accordance with GAAP for financial guarantee insurance policies and credit impairments estimated in accordance with U.S. STAT for insured derivative contracts. Refer</font><font style='font-family:Times New Roman;font-size:10pt;' > to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; included herein for additional information about the Company&#8217;s insured credit derivative contracts.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >RMBS Case Basis Reserves and Recoveries (Financial Guarantees)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s RMBS reserves and recoveries relate to financial guarantee i</font><font style='font-family:Times New Roman;font-size:10pt;' >nsurance policies. The Company calculated RMBS case basis reserves as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > for both second and first-lien RMBS transactions using a process called the &#8220;Roll Rate Methodology</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > The Roll Rate Methodology is a multi-step process using a dat</font><font style='font-family:Times New Roman;font-size:10pt;' >abase of loan level information, a proprietary internal cash flow model, and a commercially available model to estimate </font><font style='font-family:Times New Roman;font-size:10pt;' >potential </font><font style='font-family:Times New Roman;font-size:10pt;' >losses </font><font style='font-family:Times New Roman;font-size:10pt;' >and recoveries </font><font style='font-family:Times New Roman;font-size:10pt;' >on insured bonds. &#8220;Roll Rate&#8221; is defined as the probability that current loans become delinquent and tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t loans in the delinquent pipeline are charged-off or liquidated. Generally, Roll Rates are calculated for the previous three months and averaged. The loss reserve estimates are based on a probability-weighted average of three scenarios of loan losses (bas</font><font style='font-family:Times New Roman;font-size:10pt;' >e case, stress case, and an additional stress case).</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 calculating ultimate cumulative losses for RMBS, the Company estimates the amount of loans that are expected to be charged-off (deemed uncollectible by servicers of the transactions) or liquidated in </font><font style='font-family:Times New Roman;font-size:10pt;' >the future.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Second-lien RMBS Reserves</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s second-lien RMBS case basis reserves as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > relate to RMBS backed by home e</font><font style='font-family:Times New Roman;font-size:10pt;' >quity lines of credit (&#8220;HELOC&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >and closed-end second mortgages (&#8220;CES&#8221;).</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Roll Rates for 30-59 day delinqu</font><font style='font-family:Times New Roman;font-size:10pt;' >ent loans and 60-89 day delinquent loans are calculated on a transaction-specific basis. The Company assumes that the Roll Rate for 90+ day delinquent loans, excluding foreclosures and Real Estate Owned (&#8220;REO&#8221;) is </font><font style='font-family:Times New Roman;font-size:10pt;' >95</font><font style='font-family:Times New Roman;font-size:10pt;' >%. The Roll Rates are app</font><font style='font-family:Times New Roman;font-size:10pt;' >lied to the amounts in the respective delinquency buckets based on delinquencies as of </font><font style='font-family:Times New Roman;font-size:10pt;' >November 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > to estimate future losses from loans that are delinquent as of the current reporting period.</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;' >Roll Rates for loans that are current as of </font><font style='font-family:Times New Roman;font-size:10pt;' >November 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;Current Roll to Loss&#8221;) are also calculated on a transaction-specific basis. A proportion of loans reported current as of </font><font style='font-family:Times New Roman;font-size:10pt;' >November 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > is assumed to become delinquent every month, at a Current Roll to Loss rate that per</font><font style='font-family:Times New Roman;font-size:10pt;' >sists at </font><font style='font-family:Times New Roman;font-size:10pt;' >current</font><font style='font-family:Times New Roman;font-size:10pt;' > level</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > for a time and subsequently starts to decline. A key assumption in the model is the period of time in which the Company projects </font><font style='font-family:Times New Roman;font-size:10pt;' >current</font><font style='font-family:Times New Roman;font-size:10pt;' > levels of Current Roll to Loss to persist. The </font><font style='font-family:Times New Roman;font-size:10pt;' >three different scenarios, base, stress and addi</font><font style='font-family:Times New Roman;font-size:10pt;' >tional stress, differ in the </font><font style='font-family:Times New Roman;font-size:10pt;' >period of time for which the </font><font style='font-family:Times New Roman;font-size:10pt;' >current </font><font style='font-family:Times New Roman;font-size:10pt;' >levels of Current Roll to Loss rates persist. Loss reserves are calculated by using a weighted</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >average of these </font><font style='font-family:Times New Roman;font-size:10pt;' >three </font><font style='font-family:Times New Roman;font-size:10pt;' >scenarios, with the majority of the probability assigned to </font><font style='font-family:Times New Roman;font-size:10pt;' >the stress a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd additional </font><font style='font-family:Times New Roman;font-size:10pt;' >stress scenarios where the </font><font style='font-family:Times New Roman;font-size:10pt;' >current</font><font style='font-family:Times New Roman;font-size:10pt;' > levels of Current Roll to Loss rates persist for six or </font><font style='font-family:Times New Roman;font-size:10pt;' >eighteen </font><font style='font-family:Times New Roman;font-size:10pt;' >months before reverting to historic levels. </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;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n the b</font><font style='font-family:Times New Roman;font-size:10pt;' >ase case scenario, the Company assumes that the Current Roll to Loss begins to decline immediately and continues to decline over the next six months to </font><font style='font-family:Times New Roman;font-size:10pt;' >25</font><font style='font-family:Times New Roman;font-size:10pt;' >% of their levels as of </font><font style='font-family:Times New Roman;font-size:10pt;' >November 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. For example, i</font><font style='font-family:Times New Roman;font-size:10pt;' >f the amount of cu</font><font style='font-family:Times New Roman;font-size:10pt;' >rrent loans which become 30-59 days delinquent </font><font style='font-family:Times New Roman;font-size:10pt;' >were</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' >%, and recent performance</font><font style='font-family:Times New Roman;font-size:10pt;' > were to</font><font style='font-family:Times New Roman;font-size:10pt;' > suggest that </font><font style='font-family:Times New Roman;font-size:10pt;' >30</font><font style='font-family:Times New Roman;font-size:10pt;' >% of those loans will be charged-off, the Current Roll to Loss for the transaction is </font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' >%. In the base case</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;' >the Current Roll to Loss will </font><font style='font-family:Times New Roman;font-size:10pt;' >then </font><font style='font-family:Times New Roman;font-size:10pt;' >reduce linearly to </font><font style='font-family:Times New Roman;font-size:10pt;' >25</font><font style='font-family:Times New Roman;font-size:10pt;' >% of its original value over the next six months (i.e., </font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' >% will linearly reduce to </font><font style='font-family:Times New Roman;font-size:10pt;' >0.75</font><font style='font-family:Times New Roman;font-size:10pt;' >% over the six months from </font><font style='font-family:Times New Roman;font-size:10pt;' >December </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >May </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' >). After tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t six-month period</font><font style='font-family:Times New Roman;font-size:10pt;' > in the base case scenario</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company further reduces the </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >oss to </font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% by</font><font style='font-family:Times New Roman;font-size:10pt;' > late 2015</font><font style='font-family:Times New Roman;font-size:10pt;' > with the expectation that the performing seasoned loans will eventually result in loan performance reverting to low</font><font style='font-family:Times New Roman;font-size:10pt;' >er</font><font style='font-family:Times New Roman;font-size:10pt;' > levels of default</font><font style='font-family:Times New Roman;font-size:10pt;' > co</font><font style='font-family:Times New Roman;font-size:10pt;' >nsistent with history. I</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >the stress and additional stress case scenarios, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Current Roll to Loss </font><font style='font-family:Times New Roman;font-size:10pt;' >trends persist for six months and eighteen months, respectively, before reverting to historic trends</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;' >In addition, the Company considers borrower draw </font><font style='font-family:Times New Roman;font-size:10pt;' >rates</font><font style='font-family:Times New Roman;font-size:10pt;' >, voluntary </font><font style='font-family:Times New Roman;font-size:10pt;' >prepayment rates and </font><font style='font-family:Times New Roman;font-size:10pt;' >pool mortgage insurance,</font><font style='font-family:Times New Roman;font-size:10pt;' > that </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >affect the excess spread generated by current loans, which offsets losses and </font><font style='font-family:Times New Roman;font-size:10pt;' >results in reimbursements to the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company uses the twelve-month average voluntary prepayment </font><font style='font-family:Times New Roman;font-size:10pt;' >rates and the six-month average loss severities to model its loss reserves. For HELOCs, the current three-month average draw rate is generally used to project future draws on the line. P</font><font style='font-family:Times New Roman;font-size:10pt;' >rojected cash flows are also based on an assumed constant basis spread</font><font style='font-family:Times New Roman;font-size:10pt;' > between floating rate assets and floating rate insured debt obligations (the difference between </font><font style='font-family:Times New Roman;font-size:10pt;' >P</font><font style='font-family:Times New Roman;font-size:10pt;' >rime and London Interbank Offered Rate (&#8220;LIBOR&#8221;) interest rates, minus any applicable fees). For all transactions, cash flow models consider allocations and o</font><font style='font-family:Times New Roman;font-size:10pt;' >ther structural aspects, including managed amortization periods, rapid amortization periods and claims against MBIA Corp.&#8217;s insurance policy consistent with such policy&#8217;s terms and conditions. The estimated net claims from the procedure above are then disc</font><font style='font-family:Times New Roman;font-size:10pt;' >ounted using a risk-free rate to a net present value reflecting MBIA&#8217;s general obligation to pay claims over time and not on an accelerated basis. The above assumptions represent MBIA&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >probability-weighted </font><font style='font-family:Times New Roman;font-size:10pt;' >estimates of how transactions will perform over t</font><font style='font-family:Times New Roman;font-size:10pt;' >ime.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company established loss and LAE reserves totaling $</font><font style='font-family:Times New Roman;font-size:10pt;' >70</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >126</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, related to second-lien RMBS issues after the elimination of $</font><font style='font-family:Times New Roman;font-size:10pt;' >21</font><font style='font-family:Times New Roman;font-size:10pt;' > mill</font><font style='font-family:Times New Roman;font-size:10pt;' >ion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >43</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, as a result of consolidating VIEs. For the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company incurred $</font><font style='font-family:Times New Roman;font-size:10pt;' >70</font><font style='font-family:Times New Roman;font-size:10pt;' > million of losses and LAE recorded in earnings related to second-lien RMBS issues after the el</font><font style='font-family:Times New Roman;font-size:10pt;' >imination of a $</font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' > million expense as a result of consolidating VIEs.</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;' >The Company monitors portfolio performance on a monthly basis against projected performance, reviewing delinquencies, Roll Rates, and prepayment rates (includi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng voluntary and involuntary). However, </font><font style='font-family:Times New Roman;font-size:10pt;' >loan </font><font style='font-family:Times New Roman;font-size:10pt;' >performance remains difficult to predict and losses may exceed expectations. In the event of a material deviation in actual performance from projected performance, the Company would increase or decrease the case</font><font style='font-family:Times New Roman;font-size:10pt;' > basis reserves accordingly. </font><font style='font-family:Times New Roman;font-size:10pt;' >If actual performance were to remain at the current levels for six additional </font><font style='font-family:Times New Roman;font-size:10pt;' >month</font><font style='font-family:Times New Roman;font-size:10pt;' >s compared to the pro</font><font style='font-family:Times New Roman;font-size:10pt;' >bability-weighted</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >outcome</font><font style='font-family:Times New Roman;font-size:10pt;' > currently used by the Company, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he addition to the case basis reserves</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >would be approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >45</font><font style='font-family:Times New Roman;font-size:10pt;' > million.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Second-lien RMBS Recoveries</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company primarily records two types of recoveries related to insured second-lien RMBS exposures: &#8220;put-back&#8221; claims related to those mortgage loans whose inclusion in insured securitizations failed to</font><font style='font-family:Times New Roman;font-size:10pt;' > comply with representations and warranties (&#8220;ineligible loans&#8221;) and excess spread that is generated from performing loans in the insured transactions.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Excess Spread</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company recorded estimated recoveries of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >523</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >681</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, for the </font><font style='font-family:Times New Roman;font-size:10pt;' >reimbursement of past and future expected claims through excess spread in </font><font style='font-family:Times New Roman;font-size:10pt;' >insured second-lien RMBS</font><font style='font-family:Times New Roman;font-size:10pt;' > transactions</font><font style='font-family:Times New Roman;font-size:10pt;' > after the elimination of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >137</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;' >190</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion, respectively, as a result of consolidating VIEs. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, $</font><font style='font-family:Times New Roman;font-size:10pt;' >496</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >27</font><font style='font-family:Times New Roman;font-size:10pt;' > million were </font><font style='font-family:Times New Roman;font-size:10pt;' >included in &#8220;Insurance loss recoverable&#8221; and &#8220;Loss and loss adjustment expense reserves&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > on the Company&#8217;s consolidated balance sheets, re</font><font style='font-family:Times New Roman;font-size:10pt;' >spectively, after the elimination of $</font><font style='font-family:Times New Roman;font-size:10pt;' >132</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million in &#8220;Insurance loss recoverable&#8221; and in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Loss and loss adjustment expense reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;, respectively, as a result of consolidating VIEs. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, $</font><font style='font-family:Times New Roman;font-size:10pt;' >647</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >34</font><font style='font-family:Times New Roman;font-size:10pt;' > million w</font><font style='font-family:Times New Roman;font-size:10pt;' >ere included in &#8220;Insurance loss recoverable&#8221; and &#8220;Loss and loss adjustment expense reserves&#8221; on the Company&#8217;s consolidated balance sheets, respectively, after the elimination of $</font><font style='font-family:Times New Roman;font-size:10pt;' >183</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, as a result of consolidating VIEs. </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;' >Excess spread is generated by performing loans within insured second-lien RMBS securitizations and is the difference between interest inflows on mortgage loan collateral and interest outflows on insured beneficial interests. The amount of excess spread de</font><font style='font-family:Times New Roman;font-size:10pt;' >pends on the future loss trends (which include future delinquency trends, average time to charge-off delinquent loans, and the availability of pool mortgage insurance), the future spread between Prime and LIBOR interest rates; and borrower refinancing beha</font><font style='font-family:Times New Roman;font-size:10pt;' >vior which results in voluntary prepayments. Minor deviations in loss trends and voluntary prepayments may substantially impact the amounts collected from excess spread. Voluntary prepayment rates generally increased for </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. The use of these average voluntary prepayment rates in the loss projections resulted in a</font><font style='font-family:Times New Roman;font-size:10pt;' > reduction in estimated recoveries.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Ineligible Mortgage Loans</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;' >To date, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >has </font><font style='font-family:Times New Roman;font-size:10pt;' >settled the majority of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back claims</font><font style='font-family:Times New Roman;font-size:10pt;' >. Only its claims against Cr</font><font style='font-family:Times New Roman;font-size:10pt;' >edit Suisse remain outstanding. Settlement amounts have been </font><font style='font-family:Times New Roman;font-size:10pt;' >consistent with </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back recoveries previously included in the Company&#8217;s financial statements.</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;' >The contract claim remaining with Credit Suisse is related to the inclusion of ineligible mortg</font><font style='font-family:Times New Roman;font-size:10pt;' >age loans in the 2007-2 Home Equity Mortgage Trust (&#8220;HEMT&#8221;) securitization. Credit Suisse has challenged the Company&#8217;s assessment of the ineligibility of individual mortgage loans and the dispute is the subject of litigation for which there is no assurance</font><font style='font-family:Times New Roman;font-size:10pt;' > that the Company will prevail. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 21: Commitments and Contingencies</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a</font><font style='font-family:Times New Roman;font-size:10pt;' >dditional information </font><font style='font-family:Times New Roman;font-size:10pt;' >about the </font><font style='font-family:Times New Roman;font-size:10pt;' >litigation against </font><font style='font-family:Times New Roman;font-size:10pt;' >Credit Suisse.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company recorded estimated recoveries</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of $</font><font style='font-family:Times New Roman;font-size:10pt;' >379</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >359</font><font style='font-family:Times New Roman;font-size:10pt;' > mill</font><font style='font-family:Times New Roman;font-size:10pt;' >ion, respectively, </font><font style='font-family:Times New Roman;font-size:10pt;' >related to </font><font style='font-family:Times New Roman;font-size:10pt;' >its Credit Suisse </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back claims</font><font style='font-family:Times New Roman;font-size:10pt;' >, reflected</font><font style='font-family:Times New Roman;font-size:10pt;' > in &#8220;Loan repurchase commitments&#8221; presented under the heading &#8220;Assets of consolidated variable interest entities&#8221; on the Company&#8217;s consolidated balance sheets. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company beli</font><font style='font-family:Times New Roman;font-size:10pt;' >eves that it will prevail in enforcing its contractual </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back </font><font style='font-family:Times New Roman;font-size:10pt;' >rights against </font><font style='font-family:Times New Roman;font-size:10pt;' >Credit Suisse. Based on the Company&#8217;s assessment of the strength of these claims, its prior settlements with other sellers/servicers, and success of other monolines in litigatio</font><font style='font-family:Times New Roman;font-size:10pt;' >n against other sellers/servicers, the Company believes it is entitled to collect the full amount of its incurred losses, which totaled $</font><font style='font-family:Times New Roman;font-size:10pt;' >417</font><font style='font-family:Times New Roman;font-size:10pt;' > million through </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Company is also </font><font style='font-family:Times New Roman;font-size:10pt;' >entitled to collect interest on amounts paid; it believe</font><font style='font-family:Times New Roman;font-size:10pt;' >s that in context of its put-back litigation, the appropriate rate should be the New York State statutory rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >However, the Company currently calculates its put-back recoveries using the contractual interest rate, which is lower than the New York State st</font><font style='font-family:Times New Roman;font-size:10pt;' >atutory rate.</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;' >Notwithstanding the foregoing, u</font><font style='font-family:Times New Roman;font-size:10pt;' >ncertainty </font><font style='font-family:Times New Roman;font-size:10pt;' >remains </font><font style='font-family:Times New Roman;font-size:10pt;' >with respect to the ultimate outcome</font><font style='font-family:Times New Roman;font-size:10pt;' > of the litigation with Credit Suisse, which is contemplated in the scenario based-modeling the Company uses. The Credit Suisse recovery scenarios are base</font><font style='font-family:Times New Roman;font-size:10pt;' >d on the amount of incurred losses measured against certain probabilities of ultimate resolution of the dispute with Credit Suisse. Most of the probability weight is assigned to partial recovery scenarios and </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re discounted using the current risk-free di</font><font style='font-family:Times New Roman;font-size:10pt;' >scount rates associated with the underlying transaction&#8217;s cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' >.</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;' >The Company continues to consider all relevant facts and circumstances</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in developing its assumptions on expected cash inflows, probability of potential recoveries (including the outcome</font><font style='font-family:Times New Roman;font-size:10pt;' > of litigation) and recovery period. The estimated amount and likelihood of potential recoveries are expected to be revised and supplemented to the extent there are developments in the pending litigation and/or changes to the financial condition of Credit </font><font style='font-family:Times New Roman;font-size:10pt;' >Suisse. While the Company believes it will be successful in realizing </font><font style='font-family:Times New Roman;font-size:10pt;' >its </font><font style='font-family:Times New Roman;font-size:10pt;' >recoveries from</font><font style='font-family:Times New Roman;font-size:10pt;' > its</font><font style='font-family:Times New Roman;font-size:10pt;' > contract claims</font><font style='font-family:Times New Roman;font-size:10pt;' > against Credit Suisse</font><font style='font-family:Times New Roman;font-size:10pt;' >, the ultimate amounts recovered may be materially different from those recorded by the Company given the inherent uncertaint</font><font style='font-family:Times New Roman;font-size:10pt;' >y of the manner of resolving the claims (e.g., litigation) and the assumptions used in the required estimation process for accounting purposes which are based, in part, on judgments and other information that are not easily corroborated by historical data </font><font style='font-family:Times New Roman;font-size:10pt;' >or other relevant benchmarks.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >First-lien RMBS Reserves</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s first-lien RMBS case basis reserves as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, which primarily relate to RMBS backed by </font><font style='font-family:Times New Roman;font-size:10pt;' >alternative A-paper </font><font style='font-family:Times New Roman;font-size:10pt;' >and subprime mortgage loans</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > were determined using the Roll Ra</font><font style='font-family:Times New Roman;font-size:10pt;' >te Methodology. The Company assumes that the Roll Rate for loans in foreclosure, REO</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and bankruptcy are </font><font style='font-family:Times New Roman;font-size:10pt;' >90</font><font style='font-family:Times New Roman;font-size:10pt;' >%, </font><font style='font-family:Times New Roman;font-size:10pt;' >90</font><font style='font-family:Times New Roman;font-size:10pt;' >% and </font><font style='font-family:Times New Roman;font-size:10pt;' >75</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively. Roll Rates for current, 30-59 day delinquent loans, 60-89 day deli</font><font style='font-family:Times New Roman;font-size:10pt;' >nquent loans and 90+ day delinquent loans are calculated on a transaction-specific basis. </font><font style='font-family:Times New Roman;font-size:10pt;' >The C</font><font style='font-family:Times New Roman;font-size:10pt;' >urrent Roll to Loss</font><font style='font-family:Times New Roman;font-size:10pt;' > rates </font><font style='font-family:Times New Roman;font-size:10pt;' >stay at the </font><font style='font-family:Times New Roman;font-size:10pt;' >November 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > level for </font><font style='font-family:Times New Roman;font-size:10pt;' >one</font><font style='font-family:Times New Roman;font-size:10pt;' > month before declining to </font><font style='font-family:Times New Roman;font-size:10pt;' >25</font><font style='font-family:Times New Roman;font-size:10pt;' >% of this level over a 24-month peri</font><font style='font-family:Times New Roman;font-size:10pt;' >od. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company estimates future losses by using three different probability-weighted scenarios: base; stress; and additional stress. The three scenarios differ in the Roll Rates to loss of 90+ day delinquent loans. In the base scenario, the Company uses </font><font style='font-family:Times New Roman;font-size:10pt;' >deal-specific Roll Rates obtained from historic loan level Roll Rate data for 90+ day delinquent loans. In the stress scenario, the Company assumes a </font><font style='font-family:Times New Roman;font-size:10pt;' >90</font><font style='font-family:Times New Roman;font-size:10pt;' >% Roll Rate for all 90+ day delinquent loans. In the additional stress scenario, the Roll Rates for each</font><font style='font-family:Times New Roman;font-size:10pt;' > deal are an average of the deal-specific Roll Rate used in the base scenario and the 90% rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Roll Rates are applied to the amounts in </font><font style='font-family:Times New Roman;font-size:10pt;' >each deal&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >respective </font><font style='font-family:Times New Roman;font-size:10pt;' >90+ </font><font style='font-family:Times New Roman;font-size:10pt;' >delinquency bucket based on delinquencies as of </font><font style='font-family:Times New Roman;font-size:10pt;' >November 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in order </font><font style='font-family:Times New Roman;font-size:10pt;' >to estimate future losses from loans that are delinquent as </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >.</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 calculating ultimate cumulative losses for first-lien RMBS, the Company estimates the amount of loans that are expected to be liquidated through foreclosure or short sa</font><font style='font-family:Times New Roman;font-size:10pt;' >le. The time to liquidation for a defaulted loan is specific to the loan&#8217;s delinquency bucket</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > with the latest three-month average loss severities generally used to</font><font style='font-family:Times New Roman;font-size:10pt;' > start</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >th</font><font style='font-family:Times New Roman;font-size:10pt;' >e projection for trends in loss severities </font><font style='font-family:Times New Roman;font-size:10pt;' >at loan liquidation. The loss severities</font><font style='font-family:Times New Roman;font-size:10pt;' > are reduced over time to account for reduction in the amount of foreclosure </font><font style='font-family:Times New Roman;font-size:10pt;' >inventory, </font><font style='font-family:Times New Roman;font-size:10pt;' >anticipated</font><font style='font-family:Times New Roman;font-size:10pt;' > future</font><font style='font-family:Times New Roman;font-size:10pt;' > increases in home prices, principal amortization of the loan</font><font style='font-family:Times New Roman;font-size:10pt;' > and government foreclosure moratoriums</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;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company establis</font><font style='font-family:Times New Roman;font-size:10pt;' >hed loss and LAE reserves totaling $</font><font style='font-family:Times New Roman;font-size:10pt;' >263</font><font style='font-family:Times New Roman;font-size:10pt;' > million related to first-lien RMBS issues. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company established loss and LAE reserves totaling $</font><font style='font-family:Times New Roman;font-size:10pt;' >241</font><font style='font-family:Times New Roman;font-size:10pt;' > million related to first-lien RMBS issues after the elimination of</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million as a result of consolidating VIEs. For the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company incurred $</font><font style='font-family:Times New Roman;font-size:10pt;' >65</font><font style='font-family:Times New Roman;font-size:10pt;' > million of losses and LAE recorded in earnings related to first-lien RMBS issues after the e</font><font style='font-family:Times New Roman;font-size:10pt;' >limination of a $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million expense as a result of consolidating VIEs.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Multi-sector CDOs,</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;' >C</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >RE</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >, and High Yield Corporate CDOs</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&#8217;s insured  multi-sector CDOs are transactions that include a variety of collateral </font><font style='font-family:Times New Roman;font-size:10pt;' >ranging from corporate bonds to structured finance assets (which includes but are not limited to RMBS related collateral, ABS CDOs, corporate CDOs and collateralized loan obligations). These transactions were insured as either financial guarantee insurance</font><font style='font-family:Times New Roman;font-size:10pt;' > policies or credit derivatives with the majority currently insured in the form of financial guarantees.</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&#8217;s insured CRE transactions comprise structured CMBS pools, CRE CDOs and CRE loan pools. The majority of this portfolio is accounted for as insured</font><font style='font-family:Times New Roman;font-size:10pt;' > credit derivatives and carried at fair value in the Company&#8217;s consolidated financial statements.</font><font style='font-family:Times New Roman;font-size:10pt;' > Refer to &#8220;Note 9: Derivative Instruments&#8221; for a further discussion of the Company&#8217;s use of derivatives and their impact on the Company&#8217;s consolidated financia</font><font style='font-family:Times New Roman;font-size:10pt;' >l statements.</font><font style='font-family:Times New Roman;font-size:10pt;' > Since the Company&#8217;s insured credit derivatives have similar terms, conditions, risks, and economic profiles to its financial guarantee insurance policies, the Company evaluates them for impairment in the same way that it estimates loss and LA</font><font style='font-family:Times New Roman;font-size:10pt;' >E for its financial guarantee policies.</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&#8217;s high yield corporate CDO portfolio c</font><font style='font-family:Times New Roman;font-size:10pt;' >omprises middle-market/special-</font><font style='font-family:Times New Roman;font-size:10pt;' >opportunity corporate loan transactions. These transactions were insured as financial guarantee insurance policies.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following discussion p</font><font style='font-family:Times New Roman;font-size:10pt;' >rovides information about the Company&#8217;s process for estimating reserves and credit impairments on these policies, determined as the present value of the probability-weighted potential future losses, net of estimated recoveries, across multiple scenarios.</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company considers several factors when developing the range of potential outcomes and their impact on MBIA. The following approaches require substantial judgments about the future performance of each transaction: </font></p><ul><li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Each transaction is evaluated for its c</font><font style='font-family:Times New Roman;font-size:10pt;' >ommutation potential, which is customized by counterparty and considers historical commutation prices, the level of dialogue with the counterparty and the credit quality and payment profile of the underlying exposure.</font></li><li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >A range of loss scenarios is considere</font><font style='font-family:Times New Roman;font-size:10pt;' >d under different default and severity rates for each transaction&#8217;s collateral.</font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The loss severities projected by these approaches vary widely. Actual losses will be a function of the proportion of collateral in the pools that default and the loss severitie</font><font style='font-family:Times New Roman;font-size:10pt;' >s associated with those defaults.</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;' >As of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >established</font><font style='font-family:Times New Roman;font-size:10pt;' > l</font><font style='font-family:Times New Roman;font-size:10pt;' >oss and LAE reserves totaling $</font><font style='font-family:Times New Roman;font-size:10pt;' >11</font><font style='font-family:Times New Roman;font-size:10pt;' >1</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;' >127</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, related to</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the total </font><font style='font-family:Times New Roman;font-size:10pt;' >CDO financial guarantee insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >portfolio</font><font style='font-family:Times New Roman;font-size:10pt;' > after the </font><font style='font-family:Times New Roman;font-size:10pt;' >elimination of $</font><font style='font-family:Times New Roman;font-size:10pt;' >225</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;' >226</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, as a result of consolidating</font><font style='font-family:Times New Roman;font-size:10pt;' > VIEs. For the year ended December 31, 2014, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >incurred $</font><font style='font-family:Times New Roman;font-size:10pt;' >33</font><font style='font-family:Times New Roman;font-size:10pt;' > million </font><font style='font-family:Times New Roman;font-size:10pt;' >of losses and LAE recorded in earnings related to the total </font><font style='font-family:Times New Roman;font-size:10pt;' >CDO financial guarantee insura</font><font style='font-family:Times New Roman;font-size:10pt;' >nce </font><font style='font-family:Times New Roman;font-size:10pt;' >portfolio</font><font style='font-family:Times New Roman;font-size:10pt;' > after the elimination of a $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million </font><font style='font-family:Times New Roman;font-size:10pt;' >benefit </font><font style='font-family:Times New Roman;font-size:10pt;' >as a result of consolidating VIEs. In the event of further deteriorating performance of the collateral referenced or held in </font><font style='font-family:Times New Roman;font-size:10pt;' >total </font><font style='font-family:Times New Roman;font-size:10pt;' >CDO </font><font style='font-family:Times New Roman;font-size:10pt;' >portfolio</font><font style='font-family:Times New Roman;font-size:10pt;' >, the amount of losses estimated by the Company coul</font><font style='font-family:Times New Roman;font-size:10pt;' >d increase </font><font style='font-family:Times New Roman;font-size:10pt;' >substant</font><font style='font-family:Times New Roman;font-size:10pt;' >ially.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Loss and LAE Activity</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Financial Guarantee Insurance Losses (Non-Derivative</font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' > and Non-Consolidated VIEs</font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' >)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s financial guarantee insurance losses and LAE</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of reinsurance </font><font style='font-family:Times New Roman;font-size:10pt;' >for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013 and 2012</font><font style='font-family:Times New Roman;font-size:10pt;' > are presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Year Ended December 31, </font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Second-lien RMBS</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >70</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(151)</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >First-lien RMBS</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(70)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Losses and LAE expense (benefit)</font></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes ABS CDOs, CMBS, U.S. public finance and other issues.</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60pt;text-align:left;border-color:Black;min-width:60pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For 2014, the increase in losses and LAE expense</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > in t</font><font style='font-family:Times New Roman;font-size:10pt;' >he preceding table, compared with 2013 </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily related to increases in losses and LAE related to expected payments on insured first-lien RMBS and high yield corporate CDOs and decreases in </font><font style='font-family:Times New Roman;font-size:10pt;' >recoveries of expected payments as a result of lower projected collections from excess spread within insured second-lien RMBS securitizations.</font><font style='font-family:Times New Roman;font-size:10pt;' > Partially offsetting this increase in Loss and LAE were benefits related to a decrease in reserves on an interna</font><font style='font-family:Times New Roman;font-size:10pt;' >tional road transaction, decreases in losses and LAE related to expected payments on ABS CDOs and increases in recoveries of expected payments within insured first-lien RMBS securitizations. </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;' >For 2013, the increase in losses and LAE expense, in the precedi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng table, compared with 2012, primarily related to increases in losses on other issues related to an international road transaction and U.S. public finance transactions and a decrease in recoveries on insured second-lien RMBS transactions, partially offset</font><font style='font-family:Times New Roman;font-size:10pt;' > by a benefit in first-lien RMBS transactions related to previously established reserves and decreases in CMBS and ABS CDO transactions. </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;' >Costs associated with remediating insured obligations assigned to the Company&#8217;s surveillance categories are recorded a</font><font style='font-family:Times New Roman;font-size:10pt;' >s LAE and included in &#8220;Losses and loss adjustment&#8221; expenses on the Company&#8217;s consolidated statements of operations. For the years ended December 31, 2014, 2013 and 2012, gross LAE related to remediating insured obligations were $</font><font style='font-family:Times New Roman;font-size:10pt;' >36</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >57</font><font style='font-family:Times New Roman;font-size:10pt;' > million and</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >137</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. Decreases in LAE are due to lower litigation expenses as a result of settlements.</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ide</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gu</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d r</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bili</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lude</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >llan</font><font style='font-family:Times New Roman;font-size:10pt;' >ce c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ego</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >98</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >315</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.2</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.0</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.0</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.7</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,757</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,372</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,001</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,263</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >696</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >819</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,037</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,620</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,453</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,191</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >201</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,038</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15,883</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >850</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >850</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >860</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >860</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >80</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >167</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </font></td></tr></table></div><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ide</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gu</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d r</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bili</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lude</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >llan</font><font style='font-family:Times New Roman;font-size:10pt;' >ce c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ego</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >192</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >299</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.0</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.9</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.5</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,290</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,073</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,861</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14,264</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,829</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >253</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,526</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,632</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:153.75pt;text-align:left;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,119</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,326</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12,387</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22,896</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,235</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,235</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,085</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,085</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(55)</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(55)</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >96</font></td><td style='width:18.75pt;text-align:right;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >227</font></td></tr><tr style='height:12pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</font></td></tr></table></div><div><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;' >The gross claim liability in the preceding tables represents the Company&#8217;s estimate of undiscounted probability-weighted future claim payments</font><font style='font-family:Times New Roman;font-size:10pt;' >. A</font><font style='font-family:Times New Roman;font-size:10pt;' >s of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the gross claim liability primarily related to insured first and second-lien RMBS</font><font style='font-family:Times New Roman;font-size:10pt;' > issues, high yield corporate CDOs and an international road transaction. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the gross claim liability primarily related to insured first and second-lien RMBS issues, ABS CDOs and an international road transaction.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The gross potent</font><font style='font-family:Times New Roman;font-size:10pt;' >ial recoveries</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >represent the Company&#8217;s estimate of undiscounted probability-weighted recoveries of actual claim payments and recoveries of estimated future claim payments</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the gross potential recoveries </font><font style='font-family:Times New Roman;font-size:10pt;' >principally r</font><font style='font-family:Times New Roman;font-size:10pt;' >elate</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > to insured second-lien RMBS </font><font style='font-family:Times New Roman;font-size:10pt;' >and U.S. public finance issues</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s recoveries have been, and remain based on either salvage rights, the rights conferred to MBIA through the transactional documents (inclusive of the insurance agreement), or su</font><font style='font-family:Times New Roman;font-size:10pt;' >brogation rights embedded within financial guarantee insurance policies. Expected salvage and subrogation recoveries, as well as recoveries from other remediation efforts, reduce the Company&#8217;s claim liability. Once a claim payment has been made, the claim </font><font style='font-family:Times New Roman;font-size:10pt;' >liability has been satisfied and MBIA&#8217;s right to recovery is no longer considered an offset to future expected claim payments, it is recorded as a salvage asset. The amount of recoveries recorded by the Company is limited to paid claims plus the present va</font><font style='font-family:Times New Roman;font-size:10pt;' >lue of projected future claim payments. As claim payments are made, the recorded amount of potential recoveries may exceed the remaining amount of the claim liability for a given policy.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The gross claim liability and gross potential recoveries </font><font style='font-family:Times New Roman;font-size:10pt;' >reflect the </font><font style='font-family:Times New Roman;font-size:10pt;' >elimination of claim liabilities and potential recoveries related to VIEs consolidated by the Company.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the components of the Company&#8217;s loss and LAE reserves and insurance loss recoverable as reported on the Company&#8217;s consolidat</font><font style='font-family:Times New Roman;font-size:10pt;' >ed balance sheets as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > for insured obligations within MBIA&#8217;s &#8220;Classified List</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; The loss reserves (claim liability) and insurance claim loss recoverable included in the following table represent the </font><font style='font-family:Times New Roman;font-size:10pt;' >present</font><font style='font-family:Times New Roman;font-size:10pt;' > value of the pr</font><font style='font-family:Times New Roman;font-size:10pt;' >obability-weighted future claim payments and recoveries reported in the preceding tables.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of</font></td><td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:77.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:77.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td><td style='width:66.75pt;text-align:center;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss reserves (claim liability)</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >464</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >580</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >LAE reserves</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss and LAE reserves</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >506</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >641</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insurance claim loss recoverable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(533)</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(694)</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >LAE insurance loss recoverable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insurance loss recoverable</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(533)</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(694)</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reinsurance recoverable on unpaid losses</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td colspan='2' rowspan='1' style='width:218.25pt;text-align:left;border-color:Black;min-width:218.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reinsurance recoverable on unpaid LAE reserves</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:69.75pt;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:66.75pt;text-align:left;border-color:Black;min-width:66.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:68.25pt;text-align:left;border-color:Black;min-width:68.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:210.75pt;text-align:left;border-color:Black;min-width:210.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reinsurance recoverable on paid and unpaid losses</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:66.75pt;text-align:right;border-color:Black;min-width:66.75pt;' ></td></tr></table></div><div><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;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, loss and LAE reserves include $</font><font style='font-family:Times New Roman;font-size:10pt;' >653</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion of reserves for expected future payments</font><font style='font-family:Times New Roman;font-size:10pt;' >, partially</font><font style='font-family:Times New Roman;font-size:10pt;' > offset by expected recoveries of such future payments of $</font><font style='font-family:Times New Roman;font-size:10pt;' >147</font><font style='font-family:Times New Roman;font-size:10pt;' > million. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, loss and LAE reserves included $</font><font style='font-family:Times New Roman;font-size:10pt;' >847</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion of reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >s for expected future payments</font><font style='font-family:Times New Roman;font-size:10pt;' >, partially</font><font style='font-family:Times New Roman;font-size:10pt;' > offset by expected recoveries of such future payments of $</font><font style='font-family:Times New Roman;font-size:10pt;' >206</font><font style='font-family:Times New Roman;font-size:10pt;' > million. </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;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the insurance los</font><font style='font-family:Times New Roman;font-size:10pt;' >s recoverable </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >related to expected future recoveries on second-lien RMBS transactions resulting from excess spread generated by performing loans in such </font><font style='font-family:Times New Roman;font-size:10pt;' >transactions</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >decrease in </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ns</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rance loss recoverable </font><font style='font-family:Times New Roman;font-size:10pt;' >was</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily due to decreases in pr</font><font style='font-family:Times New Roman;font-size:10pt;' >ojected collections from excess spread within insured second-lien RMBS securitizations. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the </font><font style='font-family:Times New Roman;font-size:10pt;' >amounts of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s second-lien RMBS exposure, gross undiscounted claim liability and potential recoveries</font><font style='font-family:Times New Roman;font-size:10pt;' > related to non-consoli</font><font style='font-family:Times New Roman;font-size:10pt;' >dated </font><font style='font-family:Times New Roman;font-size:10pt;' >VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' > and consolidated VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >included in the Company&#8217;s &#8220;Classified List,&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Second-lien RMBS Exposure</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='5' rowspan='1' style='width:117pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross Undiscounted </font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:209.25pt;text-align:left;border-color:Black;min-width:209.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Claim</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Potential</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In billions</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Interest</font></td><td style='width:14.25pt;text-align:center;border-color:Black;min-width:14.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recoveries</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-consolidated VIEs</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:216.75pt;text-align:left;border-color:Black;min-width:216.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consolidated VIEs</font></td><td style='width:14.25pt;text-align:left;border-color:Black;min-width:14.25pt;' ></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.5</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:14.25pt;text-align:right;border-color:Black;min-width:14.25pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5</font></td></tr></table></div><div><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;' >The following table</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > present changes in the Company&#8217;s loss and LAE reserves for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. Changes in the loss </font><font style='font-family:Times New Roman;font-size:10pt;' >reserves attributable to the accretion of the claim liability discount, changes in discount </font><font style='font-family:Times New Roman;font-size:10pt;' >rates, changes in the timing and amounts of estimated payments and recoveries, changes in assumptions and changes in LAE reserves are recorded in &#8220;Losses and loss adjustment&#8221; expenses in the Company&#8217;s consolidated statements of operations. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the weighted average risk-free rate used to discount the Company&#8217;s loss reserves (claim liability) was </font><font style='font-family:Times New Roman;font-size:10pt;' >1.72</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2.37</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. LAE reserves are </font><font style='font-family:Times New Roman;font-size:10pt;' >generally </font><font style='font-family:Times New Roman;font-size:10pt;' >expected to be settled within a one-year period an</font><font style='font-family:Times New Roman;font-size:10pt;' >d are not discounted.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:354pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2014</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >641</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(157)</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >79</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(35)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(19)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(31)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >506</font></td></tr><tr style='height:12pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:13.5pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of payments.</font></td></tr></table></div><div><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;' >The</font><font style='font-family:Times New Roman;font-size:10pt;' > decrease </font><font style='font-family:Times New Roman;font-size:10pt;' >in the Company&#8217;s gross loss and LAE reserves reflected in the preceding table was primarily</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >related </font><font style='font-family:Times New Roman;font-size:10pt;' >to loss payments </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes in assumptions on </font><font style='font-family:Times New Roman;font-size:10pt;' >ABS CDOs and </font><font style='font-family:Times New Roman;font-size:10pt;' >an international road transaction</font><font style='font-family:Times New Roman;font-size:10pt;' >. These were</font><font style='font-family:Times New Roman;font-size:10pt;' > partially offset by</font><font style='font-family:Times New Roman;font-size:10pt;' > increases in reserves due to changes in discount rates</font><font style='font-family:Times New Roman;font-size:10pt;' >, primarily</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >on ABS CDOs and insured first and second-lien RMBS issues outstanding as of December 31, 2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, and ch</font><font style='font-family:Times New Roman;font-size:10pt;' >anges in assumptions related to high yield corporate CDOs</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2013</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:32.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >853</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(337)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(92)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >141</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >12</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >53</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >641</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:32.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:54pt;' ></td></tr><tr style='height:13.5pt;' ><td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;border-color:Black;min-width:486.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of payments.</font></td></tr></table></div><div><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;' >The</font><font style='font-family:Times New Roman;font-size:10pt;' > decrease </font><font style='font-family:Times New Roman;font-size:10pt;' >in the Company&#8217;s gross loss and LAE reserves reflected in the preceding table was primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >related to loss payments on insured first and second-lien RMBS and U.S. public finance issues, partially offset by changes in assumptions. </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;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </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;' >nge</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >est</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >mat</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >tent</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ma</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >oss </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ove</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >et</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;' >net</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >ain</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >os</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >L</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >abi</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</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;' >or </font><font style='font-family:Times New Roman;font-size:10pt;' >bo</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</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;' >The following table</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > present ch</font><font style='font-family:Times New Roman;font-size:10pt;' >anges in the Company&#8217;s insurance loss recoverable and changes in recoveries on unpaid losses reported within the Company&#8217;s claim liability for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. Changes in insurance loss recoverable attributable to the accretion of the discount on the recoverable, changes in discount rates, changes in </font><font style='font-family:Times New Roman;font-size:10pt;' >amount and </font><font style='font-family:Times New Roman;font-size:10pt;' >timing</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of estimated collections, changes in assumptions and changes in LAE recoveries are recorded in</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8220;Losses and loss adjustment&#8221; expenses in the Company&#8217;s consolidated statements of operations.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='17' rowspan='1' style='width:291.75pt;text-align:center;border-color:Black;min-width:291.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='17' rowspan='1' style='width:291.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:291.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2014</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:36pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >As of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >As of</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >694</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(108)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(77)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >533</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >206</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(79)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >147</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >900</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(108)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >17</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >33</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(156)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >680</font></td></tr><tr style='height:13.5pt;' ><td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:12pt;' ><td colspan='26' rowspan='1' style='width:491.25pt;text-align:left;border-color:Black;min-width:491.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) Primarily changes in amount and timing of collections.</font></td></tr></table></div><div><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;' >Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >decrease</font><font style='font-family:Times New Roman;font-size:10pt;' > in the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >ompan</font><font style='font-family:Times New Roman;font-size:10pt;' >y&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > insurance loss recoverable and </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >overie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > unpai</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > los</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >durin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >was </font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >mar</font><font style='font-family:Times New Roman;font-size:10pt;' >ily</font><font style='font-family:Times New Roman;font-size:10pt;' > du</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > collections associated </font><font style='font-family:Times New Roman;font-size:10pt;' >with i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > out</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >tandin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, changes in </font><font style='font-family:Times New Roman;font-size:10pt;' >assumptions</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >due to lower LIBOR forward</font><font style='font-family:Times New Roman;font-size:10pt;' > rates on</font><font style='font-family:Times New Roman;font-size:10pt;' > second-lien RMBS</font><font style='font-family:Times New Roman;font-size:10pt;' > issues</font><font style='font-family:Times New Roman;font-size:10pt;' > and changes in assumptions </font><font style='font-family:Times New Roman;font-size:10pt;' >on an international road transaction and </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. public finance issues</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2013</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:42pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,648</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3,011)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(33)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >126</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(38)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >694</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;text-align:left;border-color:Black;min-width:43.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;text-align:left;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;text-align:left;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:72.75pt;text-align:left;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >332</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(38)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(91)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >206</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,980</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3,011)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(71)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >35</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(41)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >900</font></td></tr><tr style='height:12.75pt;' ><td colspan='6' rowspan='1' style='width:141pt;text-align:left;border-color:Black;min-width:141pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:36.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:36.75pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;border-color:Black;min-width:433.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) Primarily changes in amount and timing of collections.</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >ompan</font><font style='font-family:Times New Roman;font-size:10pt;' >y&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >uran</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' > re</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >overabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >crea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > durin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > pr</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >mar</font><font style='font-family:Times New Roman;font-size:10pt;' >ily</font><font style='font-family:Times New Roman;font-size:10pt;' > du</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >recoverie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ci</font><font style='font-family:Times New Roman;font-size:10pt;' >ate</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > with </font><font style='font-family:Times New Roman;font-size:10pt;' >issues outstanding as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</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;' >which r</font><font style='font-family:Times New Roman;font-size:10pt;' >elate</font><font style='font-family:Times New Roman;font-size:10pt;' >d to </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' > settlement </font><font style='font-family:Times New Roman;font-size:10pt;' >on the ineligible mortgage loans included </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ure</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ond-lie</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > re</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >identia</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > mortgag</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >uriti</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >atio</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ure</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >were</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ubje</font><font style='font-family:Times New Roman;font-size:10pt;' >ct</font><font style='font-family:Times New Roman;font-size:10pt;' > t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > contra</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >tua</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > obligation</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > by </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >eller</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >/</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >er</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >icer</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > repur</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >has</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > o</font><font style='font-family:Times New Roman;font-size:10pt;' >r </font><font style='font-family:Times New Roman;font-size:10pt;' >repla</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' > mortgages</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >R</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >overie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > unpai</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > los</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > de</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >rease</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > primaril</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > du</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >hange</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >sumption</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >resul</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >reduction of excess spread related to first and second-lien RMBS transactions and changes in discount rates. </font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for liabilities related to future policy benefits and unpaid claims and claim adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 13<br><br> -Article 7<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14764-158437<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482852&amp;loc=d3e14931-158439<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14754-158437<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.13(a)(1),(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>115
<FILENAME>R60.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EKHGK">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
        <th class="th" colspan="1">6 Months Ended</th>
        <th class="th" colspan="1">0 Months Ended</th>
        <th class="th" colspan="1">18 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Nov. 30, 2014</div>
        </th>
        <th class="th">
          <div>May 31, 2015</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2015</div>
        </th>
        <th class="th">
          <div>May 31, 2016</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" onclick="toggleNextSibling(this);">$ 11,263,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" onclick="toggleNextSibling(this);">$ 14,264,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">133,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">117,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">50,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">506,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">641,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">853,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Expected recoveries of future payments</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">147,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">206,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClassifiedStatusAxis=mbi_ClassifiedMember', window );">Classified [Member] | Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">506,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">641,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfRollRateToLossSet', window );">90+ day roll rate to loss set stress scenario</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PercentageOfRollRateToLossSet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">90.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfRollRateToLossSet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member] | Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">263,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">241,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member] | ALT-A [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod', window );">Percentage of roll to loss after declining over a 24-month period</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod[mbi_DelinquencyPeriodAxis=mbi_AltMember;us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod<br>/ mbi_DelinquencyPeriodAxis<br>= mbi_AltMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member] | Foreclosure [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AssumedRollRateForLoans', window );">Assumed roll rate for loans</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_AssumedRollRateForLoans[mbi_LoanStatusAxis=mbi_ForeclosureMember;us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">90.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_AssumedRollRateForLoans<br>/ mbi_LoanStatusAxis<br>= mbi_ForeclosureMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member] | Real Estate Owned [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AssumedRollRateForLoans', window );">Assumed roll rate for loans</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_AssumedRollRateForLoans[mbi_LoanStatusAxis=mbi_RealEstateOwnedMember;us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">90.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_AssumedRollRateForLoans<br>/ mbi_LoanStatusAxis<br>= mbi_RealEstateOwnedMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember', window );">First Lien R M B S Reserves [Member] | Bankruptcy [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AssumedRollRateForLoans', window );">Assumed roll rate for loans</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_AssumedRollRateForLoans[mbi_LoanStatusAxis=mbi_BankruptcyMember;us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember]" onclick="toggleNextSibling(this);">75.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_AssumedRollRateForLoans<br>/ mbi_LoanStatusAxis<br>= mbi_BankruptcyMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienRMBSReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned', window );">Assumed roll rate for ninety plus day delinquent loans excluding foreclosure and real estate owned</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">95.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths', window );">Period of elevated delinquency and loss for base case, beginning, months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket', window );">Percentage of loans in 30-59 days delinquent bucket</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">10.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfLoansChargedOff', window );">Percentage of loans charged-off</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PercentageOfLoansChargedOff[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">30.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfLoansChargedOff<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfCurrentRollToLossForTransaction', window );">Percentage of Current Roll to Loss for the transaction</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PercentageOfCurrentRollToLossForTransaction[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">3.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfCurrentRollToLossForTransaction<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseToCaseBasisReserves', window );">Addition to case basis reserves if losses remain at peak levels</a></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseToCaseBasisReserves[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">45,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseToCaseBasisReserves<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member] | Scenario Forecast [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction', window );">Decrease in percentage of Current Roll to Loss for transaction</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember]" onclick="toggleNextSibling(this);">25.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_StatementScenarioAxis<br>= us-gaap_ScenarioForecastMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction', window );">Current Roll to Loss</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_StatementScenarioAxis<br>= us-gaap_ScenarioForecastMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member] | Scenario Forecast [Member] | Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths', window );">Period Of Current Roll To Loss For Stress Case Additional Months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths[us-gaap_RangeAxis=us-gaap_MinimumMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths<br>/ us-gaap_RangeAxis<br>= us-gaap_MinimumMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_StatementScenarioAxis<br>= us-gaap_ScenarioForecastMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member] | Scenario Forecast [Member] | Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths', window );">Period Of Current Roll To Loss For Stress Case Additional Months</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths[us-gaap_RangeAxis=us-gaap_MaximumMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths<br>/ us-gaap_RangeAxis<br>= us-gaap_MaximumMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_StatementScenarioAxis<br>= us-gaap_ScenarioForecastMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member] | Scenario Forecast [Member] | Rate Reduction [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction', window );">Decrease in percentage of Current Roll to Loss for transaction</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction[us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember;us-gaap_ValuationAllowancesAndReservesTypeAxis=mbi_RateReductionMember]" onclick="toggleNextSibling(this);">0.75%</a><span style="display:none;white-space:normal;text-align:left;">mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_StatementScenarioAxis<br>= us-gaap_ScenarioForecastMember<br>/ us-gaap_ValuationAllowancesAndReservesTypeAxis<br>= mbi_RateReductionMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member] | Excess Spread [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">496,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">647,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EstimatedInsuranceRecoveries', window );">Total excess spread recoveries</a></td>
        <td class="nump"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">523,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">681,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Expected recoveries of future payments</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">27,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember]" onclick="toggleNextSibling(this);">34,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember', window );">Rmbs And Heloc And Ces [Member] | Excess Spread [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">132,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">183,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EstimatedInsuranceRecoveries', window );">Total excess spread recoveries</a></td>
        <td class="nump"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">137,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">190,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Expected recoveries of future payments</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">5,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_LoanStatusAxis=mbi_ExcessSpreadMember;us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">7,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_LoanStatusAxis<br>= mbi_ExcessSpreadMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_RmbsAndHelocAndCesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">45,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">87,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">4,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">13,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">(10,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member] | General obligations</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[us-gaap_InvestmentTypeAxis=us-gaap_MunicipalBondsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">98,900,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ us-gaap_InvestmentTypeAxis<br>= us-gaap_MunicipalBondsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[us-gaap_InvestmentTypeAxis=us-gaap_MunicipalBondsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">124,900,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ us-gaap_InvestmentTypeAxis<br>= us-gaap_MunicipalBondsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member] | General obligations | Classified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal</a></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_ClassifiedStatusAxis=mbi_ClassifiedMember;us-gaap_InvestmentTypeAxis=us-gaap_MunicipalBondsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">152,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember<br>/ us-gaap_InvestmentTypeAxis<br>= us-gaap_MunicipalBondsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal[mbi_ClassifiedStatusAxis=mbi_ClassifiedMember;us-gaap_InvestmentTypeAxis=us-gaap_MunicipalBondsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">161,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember<br>/ us-gaap_InvestmentTypeAxis<br>= us-gaap_MunicipalBondsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember', window );">Second Lien R M B S Securitizations [Member] | Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember]" onclick="toggleNextSibling(this);">70,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienRMBSSecuritizationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember]" onclick="toggleNextSibling(this);">126,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienRMBSSecuritizationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember', window );">Second Lien R M B S Securitizations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 21,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienRMBSSecuritizationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 43,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienRMBSSecuritizationsMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="10"></td>
      </tr>
      <tr>
        <td colspan="10">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AssumedRollRateForLoans">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Assumed Roll Rate For Loans</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AssumedRollRateForLoans</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Assumed roll rate for ninety plus day delinquent loans exluding foreclosure and real estate owned</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AssumedRollRateForNinetyPlusDayDelinquentLoansExcludingForeclosureAndRealEstateOwned</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Decrease In Percentage Of Current Roll To Loss For Transaction</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DecreaseInPercentageOfCurrentRollToLossForTransaction</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GrossReserveRecoveriesOnUnpaidLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross reserve, recoveries on unpaid losses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_GrossReserveRecoveriesOnUnpaidLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseToCaseBasisReserves">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase Decrease To Case Basis Reserves</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseToCaseBasisReserves</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfCurrentRollToLossForTransaction">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Current Roll To Loss For Transaction</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfCurrentRollToLossForTransaction</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Further Reduction Of Current Roll To Loss For Transaction</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfFurtherReductionOfCurrentRollToLossForTransaction</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfLoansChargedOff">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Loans Charged Off</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfLoansChargedOff</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Loans In 30-59 Day Delinquent Bucket</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfLoansInThirtyToFiftyNineDayDelinquentBucket</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Loss After Declining Over Twenty Four Month Period</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfLossAfterDecliningOverTwentyFourMonthPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfRollRateToLossSet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage Of Roll Rate To Loss Set</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfRollRateToLossSet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Period Of Current Roll To Loss For Stress Case Additional Months</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_Periodofcurrentrolltolossforstresscaseadditionalmonths</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:positiveIntegerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Period Of Elevated Delinquency And Loss For Base Case, Beginning, Months</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PeriodOfElevatedDelinquencyAndLossForBaseCaseBeginningMonths</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:positiveIntegerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EstimatedInsuranceRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 17<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EstimatedInsuranceRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a),(b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14764-158437<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount of insured contractual payments outstanding attributable to the principal of the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 55<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933462&amp;loc=SL5751133-161288<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(5)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClassifiedStatusAxis=mbi_ClassifiedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClassifiedStatusAxis=mbi_ClassifiedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienRMBSReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_RmbsAndHelocAndCesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienRMBSSecuritizationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>116
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E4YAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" onclick="toggleNextSibling(this);">$ 6,087</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" onclick="toggleNextSibling(this);">$ 7,100</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount', window );">Reinsurance Recoverables Secured By Letters Of Credit Amount</a></td>
        <td class="nump"><a title="mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" onclick="toggleNextSibling(this);">34</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceRecoverables', window );">Reinsurance Recoverable</a></td>
        <td class="nump"><a title="us-gaap_ReinsuranceRecoverables" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceRecoverables</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember', window );">Moody's Aaa [Member] | S&amp;P AA+ [Member] | Overseas Private Investment Corporation [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers[us-gaap_CededCreditRiskAxis=mbi_OverseasPrivateInvestmentCorporationMember;us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember;us-gaap_CreditRatingStandardPoorsAxis=us-gaap_StandardPoorsAAPlusRatingMember]" onclick="toggleNextSibling(this);">289</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_OverseasPrivateInvestmentCorporationMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysAaaRatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= us-gaap_StandardPoorsAAPlusRatingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=mbi_Moodysa2OrAboveRatingMember', window );">Moody's A2 or above [Member] | S&amp;P A- or above [Member] | Others [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers[us-gaap_CededCreditRiskAxis=mbi_OtherReinsurersMember;us-gaap_CreditRatingMoodysAxis=mbi_Moodysa2OrAboveRatingMember;us-gaap_CreditRatingStandardPoorsAxis=mbi_StandardpoorsaminusoraboveratingmemberMember]" onclick="toggleNextSibling(this);">145</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_OtherReinsurersMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_Moodysa2OrAboveRatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= mbi_StandardpoorsaminusoraboveratingmemberMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount', window );">Reinsurance Recoverables Secured By Letters Of Credit Amount</a></td>
        <td class="nump"><a title="mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount[us-gaap_CededCreditRiskAxis=mbi_OtherReinsurersMember;us-gaap_CreditRatingMoodysAxis=mbi_Moodysa2OrAboveRatingMember;us-gaap_CreditRatingStandardPoorsAxis=mbi_StandardpoorsaminusoraboveratingmemberMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_OtherReinsurersMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= mbi_Moodysa2OrAboveRatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= mbi_StandardpoorsaminusoraboveratingmemberMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA3RatingMember', window );">Mood'ys A3 Rating [Member] | S&amp;P AA [Member] | Assured Guaranty Corp [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers[us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyCorpMember;us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA3RatingMember;us-gaap_CreditRatingStandardPoorsAxis=us-gaap_StandardPoorsAARatingMember]" onclick="toggleNextSibling(this);">2,019</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_AssuredGuarantyCorpMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA3RatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= us-gaap_StandardPoorsAARatingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceRecoverables', window );">Reinsurance Recoverable</a></td>
        <td class="nump"><a title="us-gaap_ReinsuranceRecoverables[us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyCorpMember;us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA3RatingMember;us-gaap_CreditRatingStandardPoorsAxis=us-gaap_StandardPoorsAARatingMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceRecoverables<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_AssuredGuarantyCorpMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysA3RatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= us-gaap_StandardPoorsAARatingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember', window );">Moody's Baa 1 Rating [Member] | S&amp;P AA [Member] | Assured Guaranty Re Ltd [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers[us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyReLtdMember;us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_CreditRatingStandardPoorsAxis=us-gaap_StandardPoorsAARatingMember]" onclick="toggleNextSibling(this);">3,634</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_AssuredGuarantyReLtdMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= us-gaap_StandardPoorsAARatingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount', window );">Reinsurance Recoverables Secured By Letters Of Credit Amount</a></td>
        <td class="nump"><a title="mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount[us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyReLtdMember;us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_CreditRatingStandardPoorsAxis=us-gaap_StandardPoorsAARatingMember]" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_AssuredGuarantyReLtdMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= us-gaap_StandardPoorsAARatingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceRecoverables', window );">Reinsurance Recoverable</a></td>
        <td class="nump"><a title="us-gaap_ReinsuranceRecoverables[us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyReLtdMember;us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember;us-gaap_CreditRatingStandardPoorsAxis=us-gaap_StandardPoorsAARatingMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceRecoverables<br>/ us-gaap_CededCreditRiskAxis<br>= mbi_AssuredGuarantyReLtdMember<br>/ us-gaap_CreditRatingMoodysAxis<br>= us-gaap_MoodysBaa1RatingMember<br>/ us-gaap_CreditRatingStandardPoorsAxis<br>= us-gaap_StandardPoorsAARatingMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr>
        <td colspan="4"></td>
      </tr>
      <tr>
        <td colspan="4">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate amount of insured par outstanding ceded to reinsurers.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reinsurance Recoverables Secured By Letters Of Credit Amount</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsuranceRecoverables">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after valuation allowance recoverable including premium paid under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 6<br><br> -Article 7<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6824-158387<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.(a),6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReinsuranceRecoverables</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=mbi_Moodysa2OrAboveRatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=mbi_Moodysa2OrAboveRatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA3RatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysA3RatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysAaaRatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CreditRatingMoodysAxis=us-gaap_MoodysBaa1RatingMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>117
<FILENAME>R13.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Variable Interest Entities<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock', window );">Variable Interest Entities</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 4: Variable Interest Entities</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;' >Through </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >international and structured finance insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >segment, the Company provides credit protection to issuers of obligations that may involve issuer-sponsored special purpose entities </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;SPEs&#8221;). An SPE may be considered a VIE to the extent the SPE&#8217;s total equity at risk is not sufficient to permit the SPE to finance its activities without additional subordinated financial support or its equity investors lack any one of the following char</font><font style='font-family:Times New Roman;font-size:10pt;' >acteristics</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i) the power to direct the activities of the SPE that most significantly impact the entity&#8217;s economic performance or (ii) the obligation to absorb the expected losses of the entity or the right to receive the expected residual returns of the </font><font style='font-family:Times New Roman;font-size:10pt;' >entity. A holder of a variable interest or interests in a VIE is required to assess whether it has a controlling financial interest, and thus is required to consolidate the entity as primary beneficiary. An assessment of a controlling financial interest id</font><font style='font-family:Times New Roman;font-size:10pt;' >entifies the primary beneficiary as the variable interest holder that has both of the following characteristics</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i) the power to direct the activities of the VIE that most significantly impact the entity&#8217;s economic performance and (ii) the obligation to a</font><font style='font-family:Times New Roman;font-size:10pt;' >bsorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the VIE. The primary beneficiary is required to consolidate the VIE. An ongoing reassessment of controlling financial interest is required </font><font style='font-family:Times New Roman;font-size:10pt;' >to be performed based on any substantive changes in facts and circumstances involving the VIE and its variable interests.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company evaluates issuer-sponsored SPEs initially to determine if an entity is a VIE, and is required to reconsider its initial de</font><font style='font-family:Times New Roman;font-size:10pt;' >termination if certain events occur. For all entities determined to be VIEs, MBIA performs an ongoing reassessment to determine whether its guarantee to provide credit protection on obligations issued by VIEs provides the Company with a controlling financi</font><font style='font-family:Times New Roman;font-size:10pt;' >al interest. Based on its ongoing reassessment of controlling financial interest, the Company determines whether a VIE is required to be consolidated or deconsolidated.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company makes its determination for consolidation based on a qualitative assessment</font><font style='font-family:Times New Roman;font-size:10pt;' > of the purpose and design of a VIE, the terms and characteristics of variable interests of an entity, and the risks a VIE is designed to create and pass through to holders of variable interests. The Company generally provides credit protection on obligati</font><font style='font-family:Times New Roman;font-size:10pt;' >ons issued by VIEs, and holds certain contractual rights according to the purpose and design of a VIE. The Company may have the ability to direct certain activities of a VIE depending on facts and circumstances, including the occurrence of certain continge</font><font style='font-family:Times New Roman;font-size:10pt;' >nt events, and these activities may be considered the activities of a VIE that most significantly impact the entity&#8217;s economic performance. The Company generally considers its guarantee of principal and interest payments of insured obligations, given nonpe</font><font style='font-family:Times New Roman;font-size:10pt;' >rformance by a VIE, to be an obligation to absorb losses of the entity that could potentially be significant to the VIE. At the time the Company determines it has the ability to direct the activities of a VIE that most significantly impact the economic per</font><font style='font-family:Times New Roman;font-size:10pt;' >formance of the entity based on facts and circumstances, MBIA is deemed to have a controlling financial interest in the VIE and is required to consolidate the entity as primary beneficiary. The Company performs an ongoing reassessment of controlling financ</font><font style='font-family:Times New Roman;font-size:10pt;' >ial interest that may result in consolidation or deconsolidation of any VIE.</font></p></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >advisory services segment</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >provides asset management and advisory services to </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >consolid</font><font style='font-family:Times New Roman;font-size:10pt;' >ated </font><font style='font-family:Times New Roman;font-size:10pt;' >three VIEs as the primary beneficiary</font><font style='font-family:Times New Roman;font-size:10pt;' >, pursuant to </font><font style='font-family:Times New Roman;font-size:10pt;' >this segment&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >activities. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31, 2014, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >holds </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > of the subordinated notes</font><font style='font-family:Times New Roman;font-size:10pt;' > issued by </font><font style='font-family:Times New Roman;font-size:10pt;' >one of </font><font style='font-family:Times New Roman;font-size:10pt;' >the VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has no obligation or commitment to provide </font><font style='font-family:Times New Roman;font-size:10pt;' >additional financial support or liquidity to </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Effective </font><font style='font-family:Times New Roman;font-size:10pt;' >January </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' >, 2015, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >completed the sale of its </font><font style='font-family:Times New Roman;font-size:10pt;' >Cutwater business and </font><font style='font-family:Times New Roman;font-size:10pt;' >deconsolidated these VIEs. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;Note 1: Business Developments and Risks and Uncertainties&#8221; for additional information about the sale of Cutwater. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >conduit segment</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >has managed and administered </font><font style='font-family:Times New Roman;font-size:10pt;' >a c</font><font style='font-family:Times New Roman;font-size:10pt;' >onduit that invested </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily in debt securities and w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > funded through the issuance of VIE notes.</font><font style='font-family:Times New Roman;font-size:10pt;' > T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >Company consolidated the conduit as the primary beneficiary. In 2014, all outstanding VIE notes were repaid by the conduit, and the conduit was subsequently dissolved. The C</font><font style='font-family:Times New Roman;font-size:10pt;' >ompany no longer</font><font style='font-family:Times New Roman;font-size:10pt;' > provides</font><font style='font-family:Times New Roman;font-size:10pt;' > any related</font><font style='font-family:Times New Roman;font-size:10pt;' > credit protection</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >N</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >l</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >d</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >d</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >V</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Es</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >oli</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >whi</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ho</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >iab</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, through its insurance operations.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lowi</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >so </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >olid</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and carrying </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >lu</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >liab</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >agg</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eg</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >non</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g c</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >na</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >non</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gua</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >CD</font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >liga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >by non</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='23' rowspan='1' style='width:417.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:417.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:center;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Derivative</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Liabilities</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(6)</font></sup></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8,613</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,623</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >110</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >24</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >70</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14,136</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,459</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >41</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >518</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >307</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >571</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >279</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,008</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,989</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,612</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,608</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >41</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >35,940</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19,958</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >119</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >123</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >524</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >121</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >389</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >49,686</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16,698</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >179</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >211</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85,626</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36,656</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >119</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >302</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >524</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >332</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >389</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Reported within &quot;Derivative liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='23' rowspan='1' style='width:418.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:418.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Derivative</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Liabilities</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(6)</font></sup></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12,565</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,693</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >120</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >43</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >37</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >21</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >108</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >21,738</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,251</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >53</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 658</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >327</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,367</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >447</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,830</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,740</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13,028</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,248</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >80</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >96</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >56,528</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >27,379</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >141</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >196</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >676</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >204</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >361</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >113</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52,317</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20,162</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >206</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >248</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >108,845</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47,541</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >141</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >402</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >676</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >452</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >366</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >113</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Reported within &quot;Derivative liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he maximum exposure to loss as a result of MBIA&#8217;s variable interes</font><font style='font-family:Times New Roman;font-size:10pt;' >ts in VIEs is represented by insurance in force. Insurance in force is the maximum future payments of princip</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >te</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >est</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >whic</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > ma</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >be r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >qu</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >mmitment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > ma</font><font style='font-family:Times New Roman;font-size:10pt;' >ke p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >me</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ur</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >atio</font><font style='font-family:Times New Roman;font-size:10pt;' >ns</font><font style='font-family:Times New Roman;font-size:10pt;' > iss</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >by</font><font style='font-family:Times New Roman;font-size:10pt;' > n</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >co</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >ate</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</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-weight:bold;font-style:italic;margin-left:0pt;' >Consolidated VIEs</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;' >The carrying amounts of assets and liabilities of consolidated VIEs were $</font><font style='font-family:Times New Roman;font-size:10pt;' >5.0</font><font style='font-family:Times New Roman;font-size:10pt;' > billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >4.8</font><font style='font-family:Times New Roman;font-size:10pt;' > billion, respectively, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >$5.6 billion and $5.3 </font><font style='font-family:Times New Roman;font-size:10pt;' >billion,</font><font style='font-family:Times New Roman;font-size:10pt;' > respectively, as of December 31, 2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. The carrying amounts of assets and liabilities are presented separately in &#8220;Assets of consolidated variable interest entities&#8221; and &#8220;Liabilities of consolidated variable </font><font style='font-family:Times New Roman;font-size:10pt;' >interest entities&#8221; on the Company&#8217;s consolidated balance sheets. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he ca</font><font style='font-family:Times New Roman;font-size:10pt;' >rrying amounts of assets and liabilities of consolidated VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >advisory services segment were $751 million and $754 million, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >, as of December 31, 2014, and a</font><font style='font-family:Times New Roman;font-size:10pt;' >re presented </font><font style='font-family:Times New Roman;font-size:10pt;' >separately </font><font style='font-family:Times New Roman;font-size:10pt;' >in &#8220;Assets held for sale&#8221; and &#8220;Liabilities held for sale&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >on the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s consolidated balance sheets</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Additional </font><font style='font-family:Times New Roman;font-size:10pt;' >VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' > are consolidated or deconsolidated based on an ongoing reassessment of </font><font style='font-family:Times New Roman;font-size:10pt;' >controlling financial interest, when events occur or circumstances arise, and whether the ability to exercise rights that constitute power to direct activities of any VIEs are present according to the design and characteristics of these entities</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;' >Three</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >additional</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >ere</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >during the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and no additional VIEs were consolidated during the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Net realized losses recorded for the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > were $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million related to the consolidation of </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >.</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;' >Holders of insured obligations of issuer-sponsored VIEs related to the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >international </font><font style='font-family:Times New Roman;font-size:10pt;' >and structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance segment do not have recourse to the general assets of MBIA. In the event of nonpayment of an insured obli</font><font style='font-family:Times New Roman;font-size:10pt;' >gation issued by a consolidated VIE, the Company is obligated to pay principal and interest, when due, on the respective insured obligation only. The Company&#8217;s exposure to consolidated VIEs is limited to the credit protection provided on insured obligation</font><font style='font-family:Times New Roman;font-size:10pt;' >s and any additional variable interests held by MBIA.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5710-111685<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=SL6759159-111685<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5747-111685<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=d3e5728-111685<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 810<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28200181&amp;loc=SL6228884-111685<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Variable Interest Entity<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6528138<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfVariableInterestEntitiesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>118
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance Premiums<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock', window );">Insurance Premiums</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 5: Insurance Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes and measures premiums related to financial guarantee (non-derivative) insurance and reinsurance contracts in accordance with the accounting principles for financial guarantee insurance contracts.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, premiums receivable</font><font style='font-family:Times New Roman;font-size:10pt;' > was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >875</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion, respectively, primarily related to installment policies for which premiums will be collected over the estimated term of the contracts. Premiums re</font><font style='font-family:Times New Roman;font-size:10pt;' >ceivable for an installment policy is initially measured at the present value of premiums expected to be collected over the expected period or contract period of the policy using a risk-free discount rate. Premiums receivable for policies that use the expe</font><font style='font-family:Times New Roman;font-size:10pt;' >cted period of risk due to expected prepayments are adjusted in subsequent measurement periods when prepayment assumptions change using the risk-free discount rate as of the remeasurement date</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company evaluates whether any premiums receivable are unco</font><font style='font-family:Times New Roman;font-size:10pt;' >llectible at each balance sheet date. If the Company determines that premiums are uncollectible, it records a write-off of such amounts in current earnings. The majority of the Company&#8217;s premiums receivable </font><font style='font-family:Times New Roman;font-size:10pt;' >consist</font><font style='font-family:Times New Roman;font-size:10pt;' > of the present values of future installm</font><font style='font-family:Times New Roman;font-size:10pt;' >ent premiums that are not yet billed or due</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > primarily from structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >Given that premiums due to MBIA typically have priority over most other payment obligations of structured finance transactions, the Company determined that the amou</font><font style='font-family:Times New Roman;font-size:10pt;' >nt of uncollectible premiums as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > was insignificant</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the risk-</font><font style='font-family:Times New Roman;font-size:10pt;' >free rate used to discount future installment premiums was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.8</font><font style='font-family:Times New Roman;font-size:10pt;' >% and </font><font style='font-family:Times New Roman;font-size:10pt;' >2.9</font><font style='font-family:Times New Roman;font-size:10pt;' >%, resp</font><font style='font-family:Times New Roman;font-size:10pt;' >ectively</font><font style='font-family:Times New Roman;font-size:10pt;' >, and the weighted average expected collection term of the premiums receivable was</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >9.18</font><font style='font-family:Times New Roman;font-size:10pt;' > years and </font><font style='font-family:Times New Roman;font-size:10pt;' >9.21</font><font style='font-family:Times New Roman;font-size:10pt;' > years</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, re</font><font style='font-family:Times New Roman;font-size:10pt;' >insurance premiums payable</font><font style='font-family:Times New Roman;font-size:10pt;' > was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >56</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >51</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively,</font><font style='font-family:Times New Roman;font-size:10pt;' > and is included in &#8220;Other liabilities&#8221; in the Company&#8217;s consolidated balance sheets. </font><font style='font-family:Times New Roman;font-size:10pt;' >The reinsurance premiums paya</font><font style='font-family:Times New Roman;font-size:10pt;' >ble is accreted and paid to reinsurers as premiums due to MBIA are accreted and collected.</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;' >The following tables present a roll forward of the Company&#8217;s premiums receivable for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,051</font></td><td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(120)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(50)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(38)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >875</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;text-align:left;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;text-align:center;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:165pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,228</font></td><td style='width:17.25pt;text-align:right;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(135)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(45)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(25)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,051</font></td><td style='width:20.25pt;text-align:left;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ></td><td style='width:20.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='21' rowspan='1' style='width:474.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:474.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily consists of unrealized gains (losses) due to foreign currency exchange rates.</font></td></tr></table></div><div><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;' >The following table presents the undiscounted future amount of premiums expected to be collected and the period in which those collections are expected to occur:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collection of</font></td><td style='width:162pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:162pt;text-align:center;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ended:</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2015</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ended:</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2016</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2017</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ended:</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2024</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >282</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2029</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >204</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2034 and thereafter</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >213</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr><tr style='height:15pt;' ><td style='width:162pt;text-align:left;border-color:Black;min-width:162pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:12.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,111</font></td><td style='width:162pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ></td></tr></table></div><div><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;' >The following table presents the unearned premium revenue balance and future expected premium earnings as of and for the periods presented:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected Future</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Future</font></td><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium Earnings</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:40.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Upfront</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Installments</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2014</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,986</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:center;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ended:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,934</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >58</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,883</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,834</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2015</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,786</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ended:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2016</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,603</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >102</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >81</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >204</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2017</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,436</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >74</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >187</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,286</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >168</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,148</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >78</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ended:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2024</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >613</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >294</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >241</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >599</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2029</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >288</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >171</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >362</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2034 and thereafter</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >146</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >142</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:40.5pt;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:150pt;text-align:left;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,083</font></td><td style='width:10.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >903</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >236</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,222</font></td><td style='width:40.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for financial guarantee insurance contracts (as defined) issued by the entity.  Such disclosure is intended to enable users of the financial information to understand the factors affecting the present and future recognition and measurement of the entity's financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>119
<FILENAME>R16.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresTextBlock', window );">Fair Value Measurement</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 7: Fair Value of Financial Instruments</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value Measurement</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;' >Fair value is a market-based measure</font><font style='font-family:Times New Roman;font-size:10pt;' >ment</font><font style='font-family:Times New Roman;font-size:10pt;' > considered from the perspective of a market participant. Therefore, even when market </font><font style='font-family:Times New Roman;font-size:10pt;' >assumptions are not readily available, the Company&#8217;s own assumptions are set to reflect those</font><font style='font-family:Times New Roman;font-size:10pt;' > which it believes market participants would use in pricing an asset or liability at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when avail</font><font style='font-family:Times New Roman;font-size:10pt;' >able. Market data is obtained from a variety of third-party sources, including dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for</font><font style='font-family:Times New Roman;font-size:10pt;' > similar instruments or modeling using market data inputs. The use of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may produce materially </font><font style='font-family:Times New Roman;font-size:10pt;' >different fair values.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The accounting guidance for fair value measurement establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most ob</font><font style='font-family:Times New Roman;font-size:10pt;' >servable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing an asset or liability based on available market data. Unobservable inputs are those that reflect the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s beliefs about the assumptions market participants would use in pricing an asset or liability based on available information. The fair value hierarchy is categorized into three levels based on the observability and reliability of inputs, as follows:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Leve</font><font style='font-family:Times New Roman;font-size:10pt;' >l 1&#8212;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an active market, with significant trading volumes. </font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 2&#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that are traded less frequently than excha</font><font style='font-family:Times New Roman;font-size:10pt;' >nge-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by obser</font><font style='font-family:Times New Roman;font-size:10pt;' >vable market data. </font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 3&#8212;Valuations based on inputs that are unobservable and supported by little or no market activity and that are significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose va</font><font style='font-family:Times New Roman;font-size:10pt;' >lue is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires significant management judgment or estima</font><font style='font-family:Times New Roman;font-size:10pt;' >tion. </font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The availability of observable inputs can vary from </font><font style='font-family:Times New Roman;font-size:10pt;' >financial instrument </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >financial instrument </font><font style='font-family:Times New Roman;font-size:10pt;' >and period to period and is affected by a wide variety of factors, including, for example, the type of product, whether the product is new and not yet e</font><font style='font-family:Times New Roman;font-size:10pt;' >stablished in the marketplace, and other characteristics particular to the product. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the Company assigns the level in the fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value hierarchy for which the fair value measurement in its entirety falls, based on the least observable input that is significant to the fair value measurement.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Assets (excluding derivative assets)</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;' >Financial assets, excluding derivative assets</font><font style='font-family:Times New Roman;font-size:10pt;' >, held by the Company primarily consist of investments in debt securities. Substantially all of the Company&#8217;s investments are priced by independent third parties, including pricing services and brokers. Typically, the Company receives one pricing service v</font><font style='font-family:Times New Roman;font-size:10pt;' >alue or broker quote for each instrument, which represents a non-binding indication of value. The Company reviews the assumptions, inputs and methodologies used by pricing services and brokers to obtain reasonable assurance that the prices used in its valu</font><font style='font-family:Times New Roman;font-size:10pt;' >ations reflect fair value. When the Company believes a third-party quotation differs significantly from its internally developed expectation of fair value, whether higher or lower, the Company reviews its data or assumptions with the provider. This review </font><font style='font-family:Times New Roman;font-size:10pt;' >includes comparing significant assumptions such as prepayment speeds, default ratios, forward yield curves, credit spreads and other significant quantitative inputs to internal assumptions, and working with the price provider to reconcile the differences. </font><font style='font-family:Times New Roman;font-size:10pt;' >The price provider may subsequently provide an updated price. In the event that the price provider does not update its price, and the Company still does not agree with the price provided, the Company will obtain a price from another third-party provider  o</font><font style='font-family:Times New Roman;font-size:10pt;' >r use an internally developed price which it believes represents the fair value of the investment. The fair values of investments for which internal prices were used were not significant to the aggregate fair value of the Company&#8217;s investment portfolio as </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > or</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. All challenges to third-party prices are reviewed by staff of the Company with relevant expertise to ensure reasonableness of assumptions.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Liabilities (excluding derivative liabilities)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial liabilities, e</font><font style='font-family:Times New Roman;font-size:10pt;' >xcluding derivative liabilities, issued by the Company primarily consist of investment agreements</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' > and debt issued for general corporate purposes</font><font style='font-family:Times New Roman;font-size:10pt;' > within its </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate segment, </font><font style='font-family:Times New Roman;font-size:10pt;' >debt in VIEs and warrants. Investment agreements, MTNs, and corporate debt </font><font style='font-family:Times New Roman;font-size:10pt;' >are typically recorded at face value adjusted for premiums or discounts. The majority of the financial liabilities that the Company has elected to fair value or that require fair value reporting or disclosures are valued based on the estimated value of the</font><font style='font-family:Times New Roman;font-size:10pt;' > underlying collateral, the Company&#8217;s or a third-party&#8217;s estimate of discounted cash flow model estimates, or quoted market values for similar products. These valuations include adjustments for expected nonperformance risk of the Company.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivative Liabil</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ities</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s derivative liabilities are primarily insured credit derivatives that reference structured pools of cash securities and CDSs. The Company generally insured the most senior liabilities of such transactions, and at the inception of transac</font><font style='font-family:Times New Roman;font-size:10pt;' >tions its exposure generally had more subordination than needed to achieve triple-A ratings from credit rating agencies. The types of collateral underlying its insured derivatives consist of cash securities and CDSs referencing primarily corporate obligati</font><font style='font-family:Times New Roman;font-size:10pt;' >ons, ABS, RMBS, CMBS, CRE loans, and CDOs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s insured credit derivative contracts are non-traded structured credit derivative transactions. Since insured derivatives are highly customized and there is generally no observable market for these </font><font style='font-family:Times New Roman;font-size:10pt;' >derivatives, the Company estimates their fair values in a hypothetical market based on internal and third-party models simulating what a similar company would charge to assume the Company&#8217;s position in the transaction at the measurement date. This pricing </font><font style='font-family:Times New Roman;font-size:10pt;' >would be based on the expected loss of the exposure. The Company reviews its valuation model results on a quarterly basis to assess the appropriateness of the assumptions and results in light of current market activity and conditions. This review is perfor</font><font style='font-family:Times New Roman;font-size:10pt;' >med by internal staff with relevant expertise. If live market spreads or securities prices are observable for similar transactions, those spreads are an integral part of the analysis. New insured transactions that resemble existing (previously insured) tra</font><font style='font-family:Times New Roman;font-size:10pt;' >nsactions, if any, would be considered, as well as negotiated settlements of existing transactions.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company may from time to time make changes in its valuation techniques if the change results in a measurement that it believes is equally or more repres</font><font style='font-family:Times New Roman;font-size:10pt;' >entative of fair value under current circumstances.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Internal Review Process</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;' >All significant financial assets and liabilities are reviewed by committees created by the Company to ensure compliance with the Company&#8217;s policies and risk procedures in the </font><font style='font-family:Times New Roman;font-size:10pt;' >development of fair values of financial assets and liabilities. These valuation committees review, among other things, key assumptions used for internally developed prices, significant changes in sources and uses of inputs, including changes in model appro</font><font style='font-family:Times New Roman;font-size:10pt;' >aches, and any adjustments from third-party inputs or prices to internally developed inputs or prices. The committees also review any significant impairment or improvements in fair values of the financial instruments from prior periods. From time to time, </font><font style='font-family:Times New Roman;font-size:10pt;' >these committees will consult with the Company&#8217;s valuation experts to better understand key methods and assumptions used for the determination of fair value, including understanding significant changes in fair values. These committees are comprised of seni</font><font style='font-family:Times New Roman;font-size:10pt;' >or finance team members with the relevant experience in the financial instruments their committee is responsible for. For each quarter, these committees document their agreement with the fair values developed by management of the Company as reported in the</font><font style='font-family:Times New Roman;font-size:10pt;' > quarterly and annual financial statements.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Valuation Techniques</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;' >Valuation techniques for financial instruments measured at fair value or disclosed at fair value are described below.</font></p><p style='text-align:left;margin-top:9.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Fixed-Maturity Securities (including short-term investments) Held as Avai</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >lable-For-Sale, Investments Carried at Fair Value, Investments Pledged as Collateral, Investments Held-to-Maturity, and Other Investments</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;' >These investments include investments in U.S. Treasury and government agencies, state and municipal bonds, foreign gov</font><font style='font-family:Times New Roman;font-size:10pt;' >ernments, corporate obligations, MBS, ABS, money market securities, and perpetual debt and equity securities.   </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;' >These investments are generally valued based on recently executed transaction prices or quoted market prices. When quoted market prices are not</font><font style='font-family:Times New Roman;font-size:10pt;' > available, fair value is generally determined using quoted prices of similar investments or a valuation model based on observable and unobservable inputs. Inputs vary depending on the type of investment. Observable inputs include contractual cash flows, i</font><font style='font-family:Times New Roman;font-size:10pt;' >nterest rate yield curves, CDS spreads, prepayment and volatility scores, diversity scores, cross-currency basis index spreads, and credit spreads for structures similar to the financial instrument in terms of issuer, maturity and seniority. Unobservable i</font><font style='font-family:Times New Roman;font-size:10pt;' >nputs include cash flow projections and the value of any credit enhancement.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of the HTM investments is determined using discounted cash flow models. Key inputs include unobservable cash flows projected over the expected term of the investmen</font><font style='font-family:Times New Roman;font-size:10pt;' >t discounted using observable interest rate yield curves of similar securities.</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;' >Investments based on quoted market prices of identical investments in active markets are classified as Level 1 of the fair value hierarchy. Level 1 investments generally consis</font><font style='font-family:Times New Roman;font-size:10pt;' >t of U.S. Treasury and government agency, foreign government and money market investments. Quoted market prices of investments in less active markets, as well as investments which are valued based on other than quoted prices for which the inputs are observ</font><font style='font-family:Times New Roman;font-size:10pt;' >able, such as interest rate yield curves, are categorized in Level 2 of the fair value hierarchy. Investments that contain significant inputs that are not observable are categorized as Level 3.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Cash and Cash Equivalents, Receivable for Investments Sold, </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;' >Net Cash Collateral Pledged to Swap Counterparties, Payable for Investments Purchased, Payable for Loans Purchased  and Accrued Investment Income</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The carrying amounts of cash and cash equivalents, receivable for investments sold, </font><font style='font-family:Times New Roman;font-size:10pt;' >net </font><font style='font-family:Times New Roman;font-size:10pt;' >cash collateral pledged to swap counterparties, payable for investments purchased, payable for loans purchased, and accrued investment income approximate fair values due to the short-term nature and credit worthiness of these instruments. </font><font style='font-family:Times New Roman;font-size:10pt;' >These items are c</font><font style='font-family:Times New Roman;font-size:10pt;' >ategorized in Level 1 or Level 2 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Loans Receivable at Fair Value</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;' >Loans receivable at fair value are comprised of loans held by consolidated VIEs consisting of corporate and residential mortgage loans.  Fair values of commercial </font><font style='font-family:Times New Roman;font-size:10pt;' >loans are obtained from a pricing service and determined using actively quoted prices obtained from multiple market participants.  Fair values of residential mortgage loans are determined using quoted prices for MBS issued by the respective VIE and adjustm</font><font style='font-family:Times New Roman;font-size:10pt;' >ents for the fair values of the financial guarantees provided by MBIA Corp. on the related MBS. Loans receivable at fair value are categorized in Level 2 or Level 3 of the fair value hierarchy based on the input that is significant to the fair value measur</font><font style='font-family:Times New Roman;font-size:10pt;' >ement in its entirety.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Loan Repurchase Commitments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Loan repurchase commitments are obligations owed by the sellers/servicers of mortgage loans to either MBIA as reimbursement of paid claims or to the RMBS trusts as defined in the transaction documents. Loa</font><font style='font-family:Times New Roman;font-size:10pt;' >n repurchase commitments are assets of the consolidated VIEs. This asset represents the rights of MBIA against the sellers/servicers for breaches of representations and warranties that the securitized residential mortgage loans sold to the trust to comply </font><font style='font-family:Times New Roman;font-size:10pt;' >with stated underwriting guidelines and for the sellers/servicers to cure, replace, or repurchase mortgage loans. Fair value measurements of loan repurchase commitments represent the amounts owed by the sellers/servicers to MBIA as reimbursement of paid cl</font><font style='font-family:Times New Roman;font-size:10pt;' >aims. Loan repurchase commitments are not securities and no quoted prices or comparable market transaction information are observable or available. Loan repurchase commitments at fair value are categorized in Level 3 of the fair value hierarchy. Fair value</font><font style='font-family:Times New Roman;font-size:10pt;' >s of loan repurchase commitments are determined using discounted cash flow techniques based on inputs including:</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	breach rates representing the rate at which the sellers/servicers failed to comply with stated representations and warranties;</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	recovery </font><font style='font-family:Times New Roman;font-size:10pt;' >rates representing the estimates of future cash flows for the asset, including estimates about possible variations in the amount of cash flows expected to be collected;</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	expectations about possible variations in the timing of collections of the cash flow</font><font style='font-family:Times New Roman;font-size:10pt;' >s; and</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	time value of money, represented by the rate on risk-free monetary assets.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Investment Agreements</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair values of</font><font style='font-family:Times New Roman;font-size:10pt;' > investment agreements are determined using discounted cash flow techniques based on contractual cash flows and observable interest rates currently being offered for similar agreements with comparable maturity dates. Investment agreements contain collatera</font><font style='font-family:Times New Roman;font-size:10pt;' >lization and termination agreements that substantially mitigate the nonperformance risk of the Company. As the terms of the notes are private, and the timing and amount of contractual cash flows are not observable, these investment agreements are categoriz</font><font style='font-family:Times New Roman;font-size:10pt;' >ed as Level 3 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Medium-Term Notes</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair values of certain MTNs are based on quoted market prices provided by third-party sources, where available. When quoted market prices are not available, the Company applies a matrix prici</font><font style='font-family:Times New Roman;font-size:10pt;' >ng grid based on the quoted market prices received and the MTNs&#8217; stated maturity and interest rate to determine fair value. Nonperformance risk is included in the quoted market prices and the matrix pricing grid. The Company has elected to record these MTN</font><font style='font-family:Times New Roman;font-size:10pt;' >s at fair value as they contain embedded derivatives which cannot accurately be separated from the host debt instrument and fair valued separately, therefore, these MTNs are carried at fair value with changes in fair value reflected in earnings. The remain</font><font style='font-family:Times New Roman;font-size:10pt;' >ing MTNs, which are not carried at fair value, do not contain embedded derivatives. As these MTNs are illiquid and the prices reflect significant unobservable inputs, they are categorized as Level 3 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Long-term Debt</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;' >Long-term deb</font><font style='font-family:Times New Roman;font-size:10pt;' >t consists of notes, debentures, surplus notes and accrued interest on this debt. The fair value of long-term notes, debentures and surplus notes are estimated based on quoted prices for the identical or similar securities. The fair value of the accrued in</font><font style='font-family:Times New Roman;font-size:10pt;' >terest expense on the surplus notes due in 2033 is determined based on the scheduled interest payments discounted by the market&#8217;s perception of the credit risk related to the repayment of the surplus notes.&#160;The credit risk related to the repayment of the s</font><font style='font-family:Times New Roman;font-size:10pt;' >urplus notes is based on recent trades of the surplus notes.&#160;The deferred interest payment will be due on the first business day on or after which the Company obtains approval to make such payment. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The carrying amounts of accrued interest expense on all o</font><font style='font-family:Times New Roman;font-size:10pt;' >ther long-term debt approximate fair value due to the short-term nature of these instruments. Long-term debt is categorized as Level 2 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Variable Interest Entity Notes</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair values of VIE notes are determined based on recently</font><font style='font-family:Times New Roman;font-size:10pt;' > executed transaction prices or quoted prices where observable. When position-specific quoted prices are not observable, fair values are based on quoted prices of similar securities. Fair values based on quoted prices of similar securities may be adjusted </font><font style='font-family:Times New Roman;font-size:10pt;' >for factors unique to the securities, including any credit enhancement. When observable quoted prices are not available, fair value is determined based on discounted cash flow techniques of the underlying collateral using observable and unobservable inputs</font><font style='font-family:Times New Roman;font-size:10pt;' >. Observable inputs include interest rate yield curves and bond spreads of similar securities. Unobservable inputs include the value of any credit enhancement. VIE notes are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest </font><font style='font-family:Times New Roman;font-size:10pt;' >level input that is significant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Variable Interest Entity Derivatives</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The VIEs have entered into derivative transactions consisting of cross currency swaps and interest rate caps. Fair values of OTC derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' > are determined using valuation models based on observable and/or unobservable inputs. These observable and market-based inputs include interest rates and volatilities. These derivatives are categorized in Level 2 or Level 3 of the fair value hierarchy bas</font><font style='font-family:Times New Roman;font-size:10pt;' >ed on the input that is significant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivatives</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;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate segment </font><font style='font-family:Times New Roman;font-size:10pt;' >has entered into derivative transactions primarily consisting of interest rate swaps. Fair values of OTC derivatives are determined using </font><font style='font-family:Times New Roman;font-size:10pt;' >valuation models based on observable inputs, nonperformance risk of the Company&#8217;s own credit and nonperformance risk of the counterparties. Observable and market-based inputs include interest rate yields, credit spreads and volatilities. These derivatives </font><font style='font-family:Times New Roman;font-size:10pt;' >are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has policies and procedures in place regarding counterparties, including review</font><font style='font-family:Times New Roman;font-size:10pt;' > and approval of the counterparty and the Company&#8217;s exposure limit, collateral posting requirements, collateral monitoring and margin calls on collateral. The Company manages counterparty credit risk on an individual counterparty basis through master netti</font><font style='font-family:Times New Roman;font-size:10pt;' >ng a</font><font style='font-family:Times New Roman;font-size:10pt;' >greements</font><font style='font-family:Times New Roman;font-size:10pt;' > covering derivative transactions in the </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate </font><font style='font-family:Times New Roman;font-size:10pt;' >segment as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. These agreements allow the Company to contractually net amounts due from a counterparty</font><font style='font-family:Times New Roman;font-size:10pt;' > with those amounts due to such counterparty when certain triggering events occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provisions that generally provide the ability to require ass</font><font style='font-family:Times New Roman;font-size:10pt;' >ignment or termination in the event either the Company or the counterparty is downgraded below a specified credit rating. The netting agreements minimize the potential for losses related to credit exposure and thus serve to mitigate the Company&#8217;s nonperfor</font><font style='font-family:Times New Roman;font-size:10pt;' >mance risk under these derivatives.</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 certain cases, the Company also manages credit risk through collateral agreements that give the Company the right to hold or the obligation to provide collateral when the current market value of derivative contracts e</font><font style='font-family:Times New Roman;font-size:10pt;' >xceeds an exposure threshold. Under these a</font><font style='font-family:Times New Roman;font-size:10pt;' >gree</font><font style='font-family:Times New Roman;font-size:10pt;' >ments, the Company may provide U.S. Treasury and other highly rated securities or cash to secure the derivative. The delivery of high-quality collateral can minimize credit exposure and mitigate the potential </font><font style='font-family:Times New Roman;font-size:10pt;' >for nonperformance risk impacting the fair values of the derivatives.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivatives&#8212;Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The derivative contracts insured by the Company cannot be legally traded and generally do not have observable market prices. The Company determines the fair values </font><font style='font-family:Times New Roman;font-size:10pt;' >of insured credit derivatives using valuation models. The valuation models are consistently applied from period to period, with refinements to the fair value estimation approach being applied as and when the information becomes available. Negotiated settle</font><font style='font-family:Times New Roman;font-size:10pt;' >ments are also considered when determining fair value to </font><font style='font-family:Times New Roman;font-size:10pt;' >validate the fair value estimates determined by the valuation models and to determine </font><font style='font-family:Times New Roman;font-size:10pt;' >the best </font><font style='font-family:Times New Roman;font-size:10pt;' >available </font><font style='font-family:Times New Roman;font-size:10pt;' >estimate of </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value from the perspective of a </font><font style='font-family:Times New Roman;font-size:10pt;' >market participant.</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;' >Approximately </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >%</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of the balance sheet fair value of insured credit derivatives as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > was valued based on</font><font style='font-family:Times New Roman;font-size:10pt;' > the Binomial Expansion Technique (&#8220;BET&#8221;) Model. Approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > of the balance sheet fair value of insured credit derivatives as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > was valued based on the internally developed Direct Price Model and the Dual Default m</font><font style='font-family:Times New Roman;font-size:10pt;' >odel. The valuation of insured derivatives includes the impact of its credit standing. All of these derivatives are categorized as Level 3 of the fair value hierarchy as their fair value is derived using significant unobservable inputs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has als</font><font style='font-family:Times New Roman;font-size:10pt;' >o entered into a derivative contract as a result of a commutation.  The fair value of the derivative is determined using a discounted cash flow model. Key inputs include unobservable cash flows projected over the expected term of the derivative, discounted</font><font style='font-family:Times New Roman;font-size:10pt;' > using observable discount rates and CDS spreads. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Description of the BET Model</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;font-style:italic;margin-left:0pt;' >Valuation Model Overview</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company uses the </font><font style='font-family:Times New Roman;font-size:10pt;' >BET Model </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >estimate what a bond insurer would charge to guarantee a transaction at the measurement date, based on the market-im</font><font style='font-family:Times New Roman;font-size:10pt;' >plied default risk of the underlying collateral and the remaining structural protection in a deductible or subordination. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Inputs to the process of determining fair value for structured transactions using the BET Model include estimates of collateral loss,</font><font style='font-family:Times New Roman;font-size:10pt;' > allocation of loss to separate tranches of the capital structure, and calculation of the change in value.</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;font-style:italic;margin-left:0pt;' >Model Strengths and Weaknesses</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 primary strengths of the BET Model:</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:32.3pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	</font><font style='font-family:Times New Roman;font-size:10pt;' >The model takes account of transaction structure and key drivers of fair </font><font style='font-family:Times New Roman;font-size:10pt;' >value. Transaction structure includes par insured, weighted average life, level of deductible or subordination (if any), and composition of collateral.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:32.3pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	The model is a consistent approach to marking positions that minimizes the level of subjectivity. The</font><font style='font-family:Times New Roman;font-size:10pt;' > Company has also developed a hierarchy for usage of various market-based spread inputs that reduces the level of subjectivity, especially during periods of high illiquidity.</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:32.3pt;' >&#8226; </font><font style='font-family:Times New Roman;font-size:10pt;' >	The model uses market-based inputs including credit spreads for underlying ref</font><font style='font-family:Times New Roman;font-size:10pt;' >erence collateral, recovery rates specific to the type and credit rating of reference collateral, diversity score of the entire collateral pool, and MBIA&#8217;s CDS and derivative recovery rate level.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The primary weaknesses of the BET Model:</font></p><ul><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >As of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2014, some of the model inputs were either unobservable or derived from illiquid markets which might adversely impact the model&#8217;s reliability.</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >The BET Model requires an input for collateral spreads. However, some securities are quoted only in price terms. </font><font style='font-family:Times New Roman;font-size:10pt;' >For securities that trade substantially below par, the calculation of spreads from price to spread can be subjective.</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Results may be affected by using average spreads and a single diversity factor, rather than using specific spreads for each piece of under</font><font style='font-family:Times New Roman;font-size:10pt;' >lying collateral and collateral-specific correlations.</font></li></ul><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >BET Model Inputs </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >a. Credit spreads</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The average spread of collateral is a key input as the Company assumes credit spreads reflect the market&#8217;s assessment of default probability. </font><font style='font-family:Times New Roman;font-size:10pt;' >Collateral assets are generally considered on an average basis rather than being modeled on an individual basis. </font><font style='font-family:Times New Roman;font-size:10pt;' >Spreads are obtained from market data sources published by third parties (e.g., dealer spread tables for assets most closely resembling collate</font><font style='font-family:Times New Roman;font-size:10pt;' >ral within the Company&#8217;s transactions) as well as collateral-specific spreads on the underlying reference obligations provided by trustees or market sources. The Company also calculates spreads based on quoted prices and on internal assumptions about expec</font><font style='font-family:Times New Roman;font-size:10pt;' >ted life, when pricing information is available and spread information is not.</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;' >Over time, the data inputs change as new sources become available, existing sources are discontinued or are no longer considered to be reliable or the most appropriate. It is th</font><font style='font-family:Times New Roman;font-size:10pt;' >e Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >preference </font><font style='font-family:Times New Roman;font-size:10pt;' >to use more observable spread inputs defined above. However, the Company may on occasion move to less observable spread inputs due to the discontinuation of data sources or due to the Company considering certain spread inputs no long</font><font style='font-family:Times New Roman;font-size:10pt;' >er representative of market spreads.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >b. Diversity Scores</font></p><p style='text-align:left;margin-top:1.75pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Diversity scores are a means of estimating the diversification in a portfolio. The diversity score estimates the number of uncorrelated assets that are assumed to have the same loss distribution as t</font><font style='font-family:Times New Roman;font-size:10pt;' >he actual portfolio of correlated assets. While diversity score is a required input into the BET model, due to current high levels of default within the collateral of the structures, diversity score does not have a significant impact on valuation. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >c. Reco</font><font style='font-family:Times New Roman;font-size:10pt;' >very Rate</font></p><p style='text-align:left;margin-top:4.35pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The recovery rate represents the percentage of par expected to be recovered after an asset defaults, indicating the severity of a potential loss. MBIA generally uses rating agency recovery assumptions which may be adjusted to account for differen</font><font style='font-family:Times New Roman;font-size:10pt;' >ces between the collateral used by the rating agencies and the actual collateral in MBIA-insured transactions. The Company may also adjust rating agency assumptions based on the performance of the collateral manager and on empirical market data.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >d. Nonperf</font><font style='font-family:Times New Roman;font-size:10pt;' >ormance Risk</font></p><p style='text-align:left;margin-top:4.35pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s valuation methodology for insured credit derivative liabilities incorporates MBIA Corp.&#8217;s own nonperformance risk. The Company calculates the fair value by discounting the market value loss estimated through the BET Model at disc</font><font style='font-family:Times New Roman;font-size:10pt;' >ount rates which include MBIA Corp.&#8217;s CDS spreads as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. The CDS spreads assigned to each deal are based on the weighted average life of the deal. The Company limits the nonperformance impact so that the derivative liability could not </font><font style='font-family:Times New Roman;font-size:10pt;' >be lower than MBIA Corp.&#8217;s recovery derivative price multiplied by the unadjusted derivative liability.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Overall Model Results</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s net insured CDS derivative liability was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >244</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion, respectively, based on the results of the aforementioned models. A significant driver of changes in fair value is MBIA Corp.&#8217;s nonperformance risk. In aggregate, the nonperformance calculation resulted in a pre-tax net insured derivativ</font><font style='font-family:Times New Roman;font-size:10pt;' >e liability that was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >92</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >394</font><font style='font-family:Times New Roman;font-size:10pt;' > million lower than the net liability that would have been estimated if MBIA Corp. excluded nonperformance risk in its valuation as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > respectively. Nonperformance risk is a fair value concept and does not contradict MBIA Corp.&#8217;s internal view, based on fundamental credit analysis of MBIA Corp.&#8217;s economic condition, that MBIA Corp. will be able to pay all claims when due.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Warrants</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;' >Stock </font><font style='font-family:Times New Roman;font-size:10pt;' >warrants issued by the Company are valued using the Black-Scholes m</font><font style='font-family:Times New Roman;font-size:10pt;' >odel and are recorded at fair value. Inputs into the warrant valuation include the Company&#8217;s stock price, a volatility parameter, interest rates, and dividend data. As all significant input</font><font style='font-family:Times New Roman;font-size:10pt;' >s are market-based and observable, warrants are categorized </font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > Level 2 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Facility</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 the </font><font style='font-family:Times New Roman;font-size:10pt;' >fourth quarter of 2013, the Company approved and initiated a plan to sell its Armonk, New York facility. As a result, the facility was class</font><font style='font-family:Times New Roman;font-size:10pt;' >ified as held for sale as of December 31, 2014 and 2013 and presented within &#8220;Assets held for sale&#8221; on the Company&#8217;s consolidated balance sheet</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > and measured at the lower of its c</font><font style='font-family:Times New Roman;font-size:10pt;' >arrying value </font><font style='font-family:Times New Roman;font-size:10pt;' >or its fair value less cost to sell. The fair market value was esti</font><font style='font-family:Times New Roman;font-size:10pt;' >mated based on an independent third-party appraisal</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Th</font><font style='font-family:Times New Roman;font-size:10pt;' >is</font><font style='font-family:Times New Roman;font-size:10pt;' > item </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >categorized </font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > Level 2</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Guarantees</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;text-decoration:underline;margin-left:0pt;' >Gross Financial Guarantees</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;The fair value of gross financial guarantees is determined using discounted cash flow tec</font><font style='font-family:Times New Roman;font-size:10pt;' >hniques based on inputs that include (i) assumptions of expected losses on financial guarantee policies where loss reserves have not been recognized, (ii) amount of losses expected on financial guarantee policies where loss reserves have been established, </font><font style='font-family:Times New Roman;font-size:10pt;' >net of expected recoveries, (iii) the cost of capital reserves required to support the financial guarantee liability, (iv) operating expenses, and (v) discount rates. The  MBIA Corp. CDS spread and recovery rate are used as the discount rate for MBIA Corp.</font><font style='font-family:Times New Roman;font-size:10pt;' >, while the CDS spread and recovery rate of a similar municipal bond insurance company are used as the discount rate for National, as National does not have a published CDS spread and recovery rate. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The carrying value of the Company&#8217;s gross financial guar</font><font style='font-family:Times New Roman;font-size:10pt;' >antees consists of unearned premium revenue and loss and LAE reserves, net of the insurance loss recoverable as reported on MBIA&#8217;s consolidated balance sheets.</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;text-decoration:underline;margin-left:0pt;' >Ceded Financial Guarantees</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The fair value of ceded financial guarantees is determined by apply</font><font style='font-family:Times New Roman;font-size:10pt;' >ing the percentage ceded to reinsurers to the related fair value of the gross financial guarantees. The carrying value of ceded financial guarantees consists of prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses as reported </font><font style='font-family:Times New Roman;font-size:10pt;' >within &#8220;Other assets&#8221; on the Company&#8217;s consolidated balance sheets.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Significant Unobservable Inputs</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables provide quantitative information regarding the significant unobservable inputs used by the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > for assets and liabilities measured at fair value on a recurring basis as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. These tables exclude inputs used to measure fair value that are not developed by the Company, such as broker prices and other third-party pricin</font><font style='font-family:Times New Roman;font-size:10pt;' >g service valuations.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,431</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 10% (2%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >379</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:left;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >735</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 35% (16%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  adjusted for financial guarantees provided</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >224</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 90% (59%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12% - 29% (25%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.3 - 3.2 (2.3)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS spreads</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 41% (19%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multi-sector CDO</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >53% - 53% (53%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model and Dual Default</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >42% - 45% (45%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >41% - 51% (50%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0.2 - 7.9 (1.1)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other derivative liabilities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 24</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Cash flows</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$0 - $83 ($42)</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:12pt;' ><td colspan='6' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2) - Midpoint of cash flows are used for the weighted average.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,612</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 17% (3%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >359</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >940</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 25% (12%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  adjusted for financial guarantees provided</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,050</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 90% (60%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8% - 57% (25%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.1-28.0 (3.3)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS spreads</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1% - 29% (13%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multi-sector CDO</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >57%-57% (57%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model and Dual Default</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >42%-90% (45%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13% - 54% (25%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0.2 - 8.7 (2.3)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='6' rowspan='1' style='width:339pt;text-align:left;border-color:Black;min-width:339pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='11' rowspan='1' style='width:558pt;text-align:left;border-color:Black;min-width:558pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Sensitivity of Significant Unobservable Inputs</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable input used in the fair value measurement of the Company&#8217;s loans receivable at fair value of consolidated VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' > is the impact of the financial guarantee. The fair value of loans receivable is calculated by subtracting the value of the financial guarantee from the market value of VIE liabilities. The value of a financial guarantee is estimated by the Company as the </font><font style='font-family:Times New Roman;font-size:10pt;' >present value of expected cash payments under the policy. As expected cash payments provided by the Company under the insurance policy increase</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > there is a lower expected cash flow on the underlying loans receivable of the VIE. This results in a lower fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value of the loans receivable in relation to the obligations of the VIE.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable inputs used in the fair value measurement of the Company&#8217;s loan repurchase commitments of consolidated VIEs are the recovery rates and breach rates. Reco</font><font style='font-family:Times New Roman;font-size:10pt;' >very rates reflect the estimates of future cash flows reduced for litigation delays and risks and/or potential financial distress of the sellers/servicers. The estimated recoveries of the loan repurchase commitments may differ from the actual recoveries th</font><font style='font-family:Times New Roman;font-size:10pt;' >at may be received in the future. Breach rates represent the rate at which mortgages fail to comply with stated representations and warranties of the sellers/servicers.  Significant increases or decreases in the recovery rates and the breach rates would re</font><font style='font-family:Times New Roman;font-size:10pt;' >sult in significantly higher or lower fair values of the loan repurchase commitments, respectively. Additionally, changes in the legal environment and the ability of the counterparties to pay would impact the recovery rate assumptions, which could signific</font><font style='font-family:Times New Roman;font-size:10pt;' >antly impact the fair value measurement.  Any significant challenges by the counterparties to the Company&#8217;s determination of breaches of representations and warranties could significantly adversely impact the fair value measurement.  Recovery rates and bre</font><font style='font-family:Times New Roman;font-size:10pt;' >ach rates are determined independently.  Changes in one input will not necessarily have any impact on the other input.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable input used in the fair value measurement of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' > notes of consolidated VIEs is the impact of th</font><font style='font-family:Times New Roman;font-size:10pt;' >e financial guarantee. The fair value of VIE notes is calculated by adding the value of the financial guarantee to the market value of VIE assets. The value of a financial guarantee is estimated by the Company as the present value of expected cash payments</font><font style='font-family:Times New Roman;font-size:10pt;' > under the policy. As the value of the guarantee provided by the Company to the obligations issued by the VIE increases, the credit support adds value to the liabilities of the VIE. This results in an increase in the fair value of the liabilities of the VI</font><font style='font-family:Times New Roman;font-size:10pt;' >E.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable inputs used in the fair value measurement of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s CMBS credit derivatives, which are valued using the BET Model, are CMBS spreads, recovery rates, nonperformance risk and weighted average life. The CMBS spread is an </font><font style='font-family:Times New Roman;font-size:10pt;' >indicator of credit risk of the collateral securities. The recovery rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of a potential loss. The nonperformance risk is an assumption of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA C</font><font style='font-family:Times New Roman;font-size:10pt;' >orp.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s own ability to pay and whether </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >will have the necessary resources to pay the obligations as they come due. Weighted average life is based on the Company&#8217;s estimate of when the principal of the underlying collateral of the CMBS structure wi</font><font style='font-family:Times New Roman;font-size:10pt;' >ll be repaid.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >A significant increase or decrease in </font><font style='font-family:Times New Roman;font-size:10pt;' >CMBS spreads would </font><font style='font-family:Times New Roman;font-size:10pt;' >result in a</font><font style='font-family:Times New Roman;font-size:10pt;' >n increase or </font><font style='font-family:Times New Roman;font-size:10pt;' >decrease in the fair value of the derivative liabilit</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >A significant increase in weighted average life can result in an increase or decrease in t</font><font style='font-family:Times New Roman;font-size:10pt;' >he fair value of the derivative liability, depending on the discount rate and the timing of significant losses. </font><font style='font-family:Times New Roman;font-size:10pt;' >Any significant increase or decrease in recovery rates</font><font style='font-family:Times New Roman;font-size:10pt;' >, or MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >nonperformance risk</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >would result in a decrease or increase in the fair v</font><font style='font-family:Times New Roman;font-size:10pt;' >alue of the derivative liabilities, respectively. CMBS spreads, recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not necessarily have any impact on the other inputs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unob</font><font style='font-family:Times New Roman;font-size:10pt;' >servable input used in the fair value measurement of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >multi-sector CDO credit derivatives, which are valued using the Direct Price Model, is nonperformance risk. The nonperformance risk is an assumption of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >own ability to pay and wh</font><font style='font-family:Times New Roman;font-size:10pt;' >ether </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >will have the necessary resources to pay the obligations as they come due. Any significant increase or decrease in </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >nonperformance risk would result in a decrease or increase in the fair value of the derivative liabilities, res</font><font style='font-family:Times New Roman;font-size:10pt;' >pectively.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable inputs used in the fair value measurement of</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >other credit derivatives, which are valued using the BET Model</font><font style='font-family:Times New Roman;font-size:10pt;' > and Dual Default</font><font style='font-family:Times New Roman;font-size:10pt;' >, are recovery rates, nonperformance risk and weighted average life. The recove</font><font style='font-family:Times New Roman;font-size:10pt;' >ry rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of a potential loss. The nonperformance risk is an assumption of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >own ability to pay and whether </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >will have the ne</font><font style='font-family:Times New Roman;font-size:10pt;' >cessary resources to pay the obligations as they come due. Weighted average life is based on </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >estimate of when the principal of the underlying collateral will be repaid. </font><font style='font-family:Times New Roman;font-size:10pt;' >A significant increase in weighted average life can result in an increase </font><font style='font-family:Times New Roman;font-size:10pt;' >or decrease in the fair value of the derivative liability, depending on the discount rate and the timing of significant losses. </font><font style='font-family:Times New Roman;font-size:10pt;' >Any significant increase or decrease in recovery rates or </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >nonperformance risk would result in a decrease or increas</font><font style='font-family:Times New Roman;font-size:10pt;' >e in the fair value of the derivative liabilities, respectively. Recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not necessarily have any impact on the other inputs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant uno</font><font style='font-family:Times New Roman;font-size:10pt;' >bservable input used in the fair value measurement of</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >other derivatives, which are valued using </font><font style='font-family:Times New Roman;font-size:10pt;' >a discounted cash flow m</font><font style='font-family:Times New Roman;font-size:10pt;' >odel</font><font style='font-family:Times New Roman;font-size:10pt;' >, is</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >estimates of future cash flows </font><font style='font-family:Times New Roman;font-size:10pt;' >discounted using market rates and CDS spreads. </font><font style='font-family:Times New Roman;font-size:10pt;' >Any significant increase or decrease in </font><font style='font-family:Times New Roman;font-size:10pt;' >future cash flows </font><font style='font-family:Times New Roman;font-size:10pt;' >would result in a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >increase</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >decrease</font><font style='font-family:Times New Roman;font-size:10pt;' > in the fair value of the derivative liabilit</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value Measurements</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables present the fair value of the Company&#8217;s assets (incl</font><font style='font-family:Times New Roman;font-size:10pt;' >uding short-term investments) and liabilities measured and reported at fair value on a recurring basis as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.75pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >573</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >691</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,724</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,732</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >221</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >290</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,048</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,058</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,162</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,162</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >156</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >241</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:174pt;text-align:left;border-color:Black;min-width:174pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >794</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,353</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >198</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,345</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >428</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >428</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >729</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >729</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equity securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.75pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >194</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential loans receivable</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,431</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,431</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >379</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >379</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,087</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,510</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,097</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,613</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >244</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >246</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >248</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >167</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other </font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities held for sale:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for loans purchased</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,312</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >735</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,047</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,344</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,200</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,463</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >397</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >156</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >553</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,765</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,784</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,776</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,824</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,173</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,173</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >92</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >58</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >509</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,248</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >239</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,996</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >783</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >783</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >51</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,161</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,161</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(42)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >41</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >89</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >255</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >259</font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >102</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >98</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >97</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >97</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,612</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,612</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >359</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >359</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,713</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,763</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,352</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(42)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,786</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,147</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,152</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >165</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,416</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,356</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,645</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,301</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,781</font></td></tr><tr style='height:14.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td></tr></table></div><div><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;' >Level 3 assets at fair value as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > represented approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >20</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;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >22</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively, </font><font style='font-family:Times New Roman;font-size:10pt;' >of total assets measured at fair value. Level 3 liabilities at fair value</font><font style='font-family:Times New Roman;font-size:10pt;' > as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > represented approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >35</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >61</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively, of total liabilities measured at fair value. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables</font><font style='font-family:Times New Roman;font-size:10pt;' > present the fair values and carrying</font><font style='font-family:Times New Roman;font-size:10pt;' > va</font><font style='font-family:Times New Roman;font-size:10pt;' >lues of the Company&#8217;s assets and liabilities that are disclosed at fair value but not reported at fair value on the Company&#8217;s consolidated balance sheets as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p><p style='text-align:left;line-height:12pt;' ></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other Observable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued investment income</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Receivable for investments sold</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,632</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,632</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,757</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >138</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,636</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,774</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,899</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >705</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >705</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >547</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >801</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >801</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,004</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,172</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,172</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,810</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for investments purchased</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,779</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,779</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,757</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,214</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,285</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,499</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,160</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,051</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,051</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,959</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Reported within &quot;Other assets&quot; on MBIA&#39;s consolidated balance sheets. </font></td></tr><tr style='height:9.75pt;' ><td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(2) - Reported within &quot;Other liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td></tr><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Other Observable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td></tr><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued investment income</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Receivable for investments sold</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net cash collateral pledged</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,651</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,651</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,801</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >103</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,655</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,782</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,933</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >814</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >814</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >700</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >927</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >927</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,224</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,412</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,412</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,702</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for investments purchased</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,751</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,751</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,930</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,443</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,492</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,935</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,587</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,843</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,843</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,388</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >76</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Reported within &quot;Other assets&quot; on MBIA&#39;s consolidated balance sheets. </font></td></tr><tr style='height:9.75pt;' ><td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(2) - Reported within &quot;Other liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><div><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;' >The following tables present information about changes in Level 3 assets (including short-term investments) and liabilities measured at fair value on a recurring basis for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2014</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Foreign governments</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >12</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(15)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(48)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed agency</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(8)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >37</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(29)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(14)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >82</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >28</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(15)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(41)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >36</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >87</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >58</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(12)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >52</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(27)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >85</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >46</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(52)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Perpetual debt and equity</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' > securities</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(13)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >25</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >55</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >22</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >54</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(26)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >26</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(9)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,612</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >39</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(220)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,431</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >39</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >359</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >379</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td></tr><tr style='height:9.75pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,352</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >26</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(316)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(110)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >240</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(140)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,097</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >51</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >203</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(26)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >197</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,147</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >415</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(903)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(415)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >244</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(20)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >30</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >24</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >940</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >46</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(211)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(43)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >735</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >42</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency derivatives,</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(11)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,301</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >445</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(848)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(32)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(626)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(43)</font><sup><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></sup></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,200</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr><tr style='height:9pt;' ><td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2) - Primarily relates to the deconsolidation of VIEs. </font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:7.5pt;' ><td colspan='40' rowspan='1' style='width:551.25pt;text-align:center;border-color:Black;min-width:551.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2013</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Foreign governments</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(16)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >12</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >76</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >13</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(16)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(28)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed agency</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(19)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >28</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(19)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >12</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >61</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(17)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(30)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >82</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >26</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >47</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >58</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >103</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(13)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >42</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(109)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Perpetual debt and equity</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  securities</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >78</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(24)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(24)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >125</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(8)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(85)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(14)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >22</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >64</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(9)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(14)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >21</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >54</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,881</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >180</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(275)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(174)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,612</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >166</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,086</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >172</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(899)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >359</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >172</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3,532</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(9)</font></td><td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >342</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >36</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >75</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,272)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(374)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >218</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(196)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,352</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >350</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >165</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >29</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >203</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >38</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,921</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,548</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,778)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,548)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,147</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >87</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Interest rate</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(18)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency </font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,932</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >180</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(277)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,076)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >181</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >940</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >92</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency derivatives,</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >21</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5,039</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,548</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,577)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,825)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,076)</font><sup><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></sup></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >185</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,301</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >189</font></td></tr><tr style='height:12pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr><tr style='height:9.75pt;' ><td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2) - Primarily relates to the deconsolidation of VIEs.</font></td></tr></table></div><div><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;' >Transfers into and out of Level 3 were $</font><font style='font-family:Times New Roman;font-size:10pt;' >240</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >140</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, for the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. Transfers into and out of Level 2 were </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >140</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >240</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, for the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Transfers into Level 3 were principally related to </font><font style='font-family:Times New Roman;font-size:10pt;' >other ABS, </font><font style='font-family:Times New Roman;font-size:10pt;' >state and municipal bonds,</font><font style='font-family:Times New Roman;font-size:10pt;' > RMBS agency, CDO</font><font style='font-family:Times New Roman;font-size:10pt;' >s, and corporate obligations,</font><font style='font-family:Times New Roman;font-size:10pt;' > where inputs, which are signifi</font><font style='font-family:Times New Roman;font-size:10pt;' >cant to their valuation, became unobservable during the period. State and municipal bonds, </font><font style='font-family:Times New Roman;font-size:10pt;' >other ABS and </font><font style='font-family:Times New Roman;font-size:10pt;' >RMBS agency comprised the majority of the transferred instruments out of Level 3 where inputs, which are significant to their valuation, became observa</font><font style='font-family:Times New Roman;font-size:10pt;' >ble during the period. These inputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into </font><font style='font-family:Times New Roman;font-size:10pt;' >or out of Level 1</font><font style='font-family:Times New Roman;font-size:10pt;' >.</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;' >Transfers in</font><font style='font-family:Times New Roman;font-size:10pt;' >to and out of Level 3 were $</font><font style='font-family:Times New Roman;font-size:10pt;' >403</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >198</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, for the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. Transfers into and out of Level 2 were $</font><font style='font-family:Times New Roman;font-size:10pt;' >198</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >403</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, for the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Transfers into Level 3 were principally related to </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes, other ABS, state and municipal bonds, CDOs, CMBS and RMBS agency </font><font style='font-family:Times New Roman;font-size:10pt;' >where inputs</font><font style='font-family:Times New Roman;font-size:10pt;' >, which are significant to their valuation, b</font><font style='font-family:Times New Roman;font-size:10pt;' >ecame unobservable during the </font><font style='font-family:Times New Roman;font-size:10pt;' >period</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' > State and municipal bonds, CDOs and RMBS agency comprised the majority of the transferred instruments out of Level 3 where </font><font style='font-family:Times New Roman;font-size:10pt;' >inputs</font><font style='font-family:Times New Roman;font-size:10pt;' >, which are significant to their valuation, became observable during the period. These i</font><font style='font-family:Times New Roman;font-size:10pt;' >nputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. </font><font style='font-family:Times New Roman;font-size:10pt;' >There were no transfers into or out of Level 1</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;' >All Level 1, 2 and 3 designations are mad</font><font style='font-family:Times New Roman;font-size:10pt;' >e at the end of each accounting period.</font></p></div><div><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;' >G</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(r</font><font style='font-family:Times New Roman;font-size:10pt;' >eal</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eal</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</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;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ude</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ni</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >relating </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >Le</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >l 3 </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bili</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re r</font><font style='font-family:Times New Roman;font-size:10pt;' >epo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >oli</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ope</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >s:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Change in Unrealized Gains (Losses)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for the Period Included in Earnings</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Gains (Losses)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for Assets and Liabilities still</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Included in Earnings</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >held as of December 31, </font></td></tr><tr style='height:4.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:3pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Revenues:</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   insured derivatives</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >903</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,778</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,869</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(87)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >927</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gains (losses) and other</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   settlements on insured derivatives</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(445)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,548)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(407)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to </font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(68)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs:</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   Net gains (losses) on financial instruments </font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >      at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >160</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(376)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >260</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(271)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >444</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >353</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,031</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >161</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >650</font></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value Option</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company elected to record at fair value certain financial instruments that have been consolidated in connection with the adoption of the accounting guidance for consolidation of VIEs, among others.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the </font><font style='font-family:Times New Roman;font-size:10pt;' >changes in fair value included in the Company&#8217;s consolidated statements of operations for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and 2012 </font><font style='font-family:Times New Roman;font-size:10pt;' >for </font><font style='font-family:Times New Roman;font-size:10pt;' >financial instruments for which the fair value option was elected:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:27.75pt;' ></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investments carried at fair value</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 8</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 10</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity securities held at fair value-VIE</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (104)</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (74)</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (55)</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (182)</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (107)</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (107)</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 10</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 13</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (56)</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loan repurchase commitments</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 172</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Medium-term notes</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 38</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Variable interest entity notes </font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >269</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='3' rowspan='1' style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >___________</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr></table></div><div><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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >wee</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ega</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >gg</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ega</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >inin</font><font style='font-family:Times New Roman;font-size:10pt;' >g c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >bala</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ndin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >loans and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wh</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2014</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2013</font></td></tr><tr style='height:9.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,554</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,377</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >177</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,846</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,562</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >284</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans (90 days or more past due)</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >227</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >173</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >231</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >181</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other loans</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >721</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total loans receivable at fair value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,502</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,142</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >360</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,077</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,612</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >465</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,584</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,479</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,105</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,787</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,356</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,431</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >242</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >276</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73</font></td></tr></table></div><div><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;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' >ub</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l g</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ns</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ud</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ngs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >dur</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ds</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ns r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes reported in the preceding table </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >bu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >k. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >due </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he h</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >gh</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >at</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ppor</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes</font><font style='font-family:Times New Roman;font-size:10pt;' >, r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueDisclosuresTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 21<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13537-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14172-108612<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13504-108611<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueDisclosuresTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>120
<FILENAME>R64.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EMSAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and LAE</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 117</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember', window );">Second-Lien RMBS [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and LAE</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">70</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">(151)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember', window );">First-Lien RMBS [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and LAE</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(70)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember', window );">Other [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and LAE</a></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember]" onclick="toggleNextSibling(this);">$ (2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember]" onclick="toggleNextSibling(this);">$ 189</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember]" onclick="toggleNextSibling(this);">$ 54</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr>
        <td colspan="7"></td>
      </tr>
      <tr>
        <td colspan="7">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Includes ABS CDOs, CMBS, U.S. public finance and other issues.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R120.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EY5CK">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Common and Preferred Stock (Narrative) (Detail) (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">12 Months Ended</th>
        <th class="th" colspan="2">0 Months Ended</th>
        <th class="th" colspan="1">95 Months Ended</th>
        <th class="th" colspan="2">0 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>May 06, 2013</div>
        </th>
        <th class="th">
          <div>Feb. 01, 2007</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Nov. 05, 2014</div>
        </th>
        <th class="th">
          <div>Aug. 05, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2008</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WarrantsAndRightsOutstanding', window );">Fair value of warrants</a></td>
        <td class="nump"><a title="us-gaap_WarrantsAndRightsOutstanding" onclick="toggleNextSibling(this);">$ 28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WarrantsAndRightsOutstanding</span><span></span></td>
        <td class="nump"><a title="us-gaap_WarrantsAndRightsOutstanding" onclick="toggleNextSibling(this);">$ 59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WarrantsAndRightsOutstanding</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_WarrantsAndRightsOutstanding" onclick="toggleNextSibling(this);">$ 28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_WarrantsAndRightsOutstanding</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValueAcquiredCostMethod', window );">Treasury stock value acquired cost method</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod" onclick="toggleNextSibling(this);">35</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod</span><span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockValueAcquiredCostMethod" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValueAcquiredCostMethod</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock shares issued</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock shares outstanding</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred Stock Par Or Stated Value Per Share</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_BlueRidgeMember', window );">Blue Ridge [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[dei_LegalEntityAxis=mbi_BlueRidgeMember]" onclick="toggleNextSibling(this);">9,940,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ dei_LegalEntityAxis<br>= mbi_BlueRidgeMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights', window );">Warrant exercise price</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[dei_LegalEntityAxis=mbi_BlueRidgeMember]" onclick="toggleNextSibling(this);">9.59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ dei_LegalEntityAxis<br>= mbi_BlueRidgeMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WarrantTerm', window );">Warrant Term</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">5 years<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember', window );">Preferred Stock [Member] | MBIA Insurance Corporation [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare', window );">Shares repurchased under share repurchase program, average price per share</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockAcquiredAverageCostPerShare[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">$ 10,900.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockAcquiredAverageCostPerShare<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock shares issued</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">2,759</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">2,759</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodShares', window );">Preferred stock repurchased during period shares</a></td>
        <td class="nump"><a title="us-gaap_StockRepurchasedDuringPeriodShares[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">1,444</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockRepurchasedDuringPeriodShares<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValueOutstanding', window );">Preferred stock, carrying value issued and outstanding</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockValueOutstanding[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValueOutstanding<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockValueOutstanding[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValueOutstanding<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock', window );">Face value of repurchased preferred stock</a></td>
        <td class="nump"><a title="mbi_PercentageOfFaceValueOfRepurchasedPreferredStock[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">10.90%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfFaceValueOfRepurchasedPreferredStock<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred Stock Par Or Stated Value Per Share</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">$ 1,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">$ 1,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockLiquidationPreference', window );">Preferred stock liquidation preference</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockLiquidationPreference[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">$ 100,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockLiquidationPreference<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockLiquidationPreference[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember]" onclick="toggleNextSibling(this);">$ 100,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockLiquidationPreference<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= us-gaap_PreferredStockMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateTerms', window );">Dividend rate on preferred stock determined rate</a></td>
        <td class="text">LIBOR plus 200 basis points<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember', window );">2007 Repurchase Authorization [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount', window );">Authorized repurchase of common stock, value</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockRepurchaseProgramAuthorizedAmount[us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember]" onclick="toggleNextSibling(this);">1,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockRepurchaseProgramAuthorizedAmount<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwoThousandAndSevenRepurchaseAuthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury stock shares acquired</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember]" onclick="toggleNextSibling(this);">2,100,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwoThousandAndSevenRepurchaseAuthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember]" onclick="toggleNextSibling(this);">58,800,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwoThousandAndSevenRepurchaseAuthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare', window );">Shares repurchased under share repurchase program, average price per share</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockAcquiredAverageCostPerShare[us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember]" onclick="toggleNextSibling(this);">$ 17.02</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockAcquiredAverageCostPerShare<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwoThousandAndSevenRepurchaseAuthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember', window );">2014 Repurchase Authorization [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount', window );">Authorized repurchase of common stock, value</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_StockRepurchaseProgramAuthorizedAmount[us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember]" onclick="toggleNextSibling(this);">$ 200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockRepurchaseProgramAuthorizedAmount<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwothousandfourteenrepurchaseauthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury stock shares acquired</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember]" onclick="toggleNextSibling(this);">1,200,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwothousandfourteenrepurchaseauthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare', window );">Shares repurchased under share repurchase program, average price per share</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockAcquiredAverageCostPerShare[us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember]" onclick="toggleNextSibling(this);">$ 9.44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockAcquiredAverageCostPerShare<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_TwothousandfourteenrepurchaseauthorizationMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember', window );">Unaffiliated Investors [Member] | MBIA Insurance Corporation [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock shares outstanding</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember]" onclick="toggleNextSibling(this);">1,315</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_UnaffiliatedInvestorsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding[dei_LegalEntityAxis=mbi_InsuranceCorporationMember;us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember]" onclick="toggleNextSibling(this);">1,315</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding<br>/ dei_LegalEntityAxis<br>= mbi_InsuranceCorporationMember<br>/ us-gaap_StatementClassOfStockAxis<br>= mbi_UnaffiliatedInvestorsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember', window );">Long-Term Incentive Plan [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury stock shares acquired</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember]" onclick="toggleNextSibling(this);">529,246</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_AwardTypeAxis<br>= mbi_LongTermIncentivePlanMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockSharesAcquired[us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember]" onclick="toggleNextSibling(this);">392,056</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockSharesAcquired<br>/ us-gaap_AwardTypeAxis<br>= mbi_LongTermIncentivePlanMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember', window );">Warrant [Member] | Warburg Pincus [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">11,800,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= us-gaap_WarrantMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">11,500,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= us-gaap_WarrantMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights', window );">Warrant exercise price</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">29.44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= us-gaap_WarrantMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">30.25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= us-gaap_WarrantMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember', window );">B Warrants [Member] | Warburg Pincus [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">10,100,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">9,800,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights', window );">Warrant exercise price</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">29.44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">30.25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember', window );">B2 Warrants [Member] | Warburg Pincus [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">4,004,945</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBTwoWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">4,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBTwoWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights', window );">Warrant exercise price</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">16.18</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBTwoWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">16.2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_ClassBTwoWarrantsMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember', window );">Grossup Warrant [Member] | Warburg Pincus [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightOutstanding[us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">1,910,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightOutstanding<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_GrossupWarrantMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights', window );">Warrant exercise price</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights[us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember;dei_LegalEntityAxis=mbi_WarburgPincusMember]" onclick="toggleNextSibling(this);">9.59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights<br>/ us-gaap_ClassOfWarrantOrRightAxis<br>= mbi_GrossupWarrantMember<br>/ dei_LegalEntityAxis<br>= mbi_WarburgPincusMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WarrantTerm', window );">Warrant Term</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">5 years<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of face value of repurchased preferred stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfFaceValueOfRepurchasedPreferredStock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_WarrantTerm">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Term of warrant in years</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_WarrantTerm</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfStockLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfStockLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Exercise price per share or per unit of warrants or rights outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(i)(4))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph i<br><br> -Subparagraph 4<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>us-types:perUnitItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of warrants or rights outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph i<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateTerms">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22(a)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateTerms</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockLiquidationPreference">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21484-112644<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph d<br><br> -Article 4<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(d)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockLiquidationPreference</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockParOrStatedValuePerShare</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValueOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by shareholders, which is net of related treasury stock. May be all or a portion of the number of preferred shares authorized. These shares represent the ownership interest of the preferred shareholders.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockValueOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchasedDuringPeriodShares">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockRepurchasedDuringPeriodShares</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchaseProgramAuthorizedAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of a stock repurchase plan authorized by an entity's Board of Directors.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockRepurchaseProgramAuthorizedAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total cost of shares repurchased divided by the total number of shares repurchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockAcquiredAverageCostPerShare</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockSharesAcquired">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares that have been repurchased during the period and are being held in treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockSharesAcquired</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValueAcquiredCostMethod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockValueAcquiredCostMethod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WarrantsAndRightsOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph i<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_WarrantsAndRightsOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_BlueRidgeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_BlueRidgeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBTwoWarrantsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightAxis=mbi_ClassBWarrantsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_TwoThousandAndSevenRepurchaseAuthorizationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>122
<FILENAME>R85.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EZHAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Average Credit Ratings For Securities Rated Below Investment Grade Without The Effect Of Financial Guarantees) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors', window );">Fair Value Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</a></td>
        <td class="nump"><a title="mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">$ 67</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors', window );">Percentage Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</a></td>
        <td class="nump"><a title="mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember]" onclick="toggleNextSibling(this);">56.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_AssetBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors', window );">Fair Value Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</a></td>
        <td class="nump"><a title="mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors', window );">Percentage Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</a></td>
        <td class="nump"><a title="mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">100.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_MortgageBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors', window );">Fair Value Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</a></td>
        <td class="nump"><a title="mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors', window );">Percentage Of Securities Rated Below Investment Grade Without Giving Effect To Benefit Of Guarantees Provided By Financial Guarantors</a></td>
        <td class="nump"><a title="mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors[us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors<br>/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair Value of Securities rated below investment grade without giving effect to the benefit of guarantees provided by financial guarantors.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FairValueOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of securities rated below investment grade without giving effect to the benefit of guarantees provided by financial guarantors.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PercentageOfSecuritiesRatedBelowInvestmentGradeWithoutGivingEffectToBenefitOfGuaranteesProvidedByFinancialGuarantors</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>123
<FILENAME>R66.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EP3AG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossReservesClaimLiabilityMember', window );">Loss Reserves Claim Liability [Member] | Classified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossReservesClaimLiabilityMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">$ 464,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossReservesClaimLiabilityMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossReservesClaimLiabilityMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">$ 580,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossReservesClaimLiabilityMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LaeReservesMember', window );">Lae Reserves [Member] | Classified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LaeReservesMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">42,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LaeReservesMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LaeReservesMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">61,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LaeReservesMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">506,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">641,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">853,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member] | Classified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">506,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">641,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(533,000,000)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(694,000,000)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(3,648,000,000)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member] | Classified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EstimatedInsuranceRecoveries', window );">Insurance claim loss recoverable</a></td>
        <td class="num"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">(533,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="num"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">(694,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LaeInsuranceLossRecoverable', window );">LAE insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_LaeInsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LaeInsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="mbi_LaeInsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_LaeInsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">(533,000,000)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">(694,000,000)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims', window );">Reinsurance recoverable on unpaid losses</a></td>
        <td class="nump"><a title="us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">6,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">7,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses', window );">Reinsurance recoverable on unpaid LAE</a></td>
        <td class="nump"><a title="mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">1,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">1,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable', window );">Reinsurance recoverable on paid losses</a></td>
        <td class="nump"><a title="us-gaap_ReinsuranceReceivablesPaidLossesRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceReceivablesPaidLossesRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReinsuranceReceivablesPaidLossesRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceReceivablesPaidLossesRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceReceivablesCaseBasis', window );">Reinsurance recoverable on paid and unpaid losses</a></td>
        <td class="nump"><a title="us-gaap_ReinsuranceReceivablesCaseBasis[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">$ 7,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceReceivablesCaseBasis<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ReinsuranceReceivablesCaseBasis[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">$ 8,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ReinsuranceReceivablesCaseBasis<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LaeInsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid LAE expenses expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LaeInsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reinsurance Recoverable On Unpaid LAE</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EstimatedInsuranceRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 17<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EstimatedInsuranceRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a),(b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6482485&amp;loc=d3e14764-158437<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsuranceReceivablesCaseBasis">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum for all reinsurance arrangements of the known and estimated amount recoverable as of the balance sheet date from a given reinsurer for claims paid or incurred by the ceding insurer and associated claims settlement expenses for each reinsurance arrangement (or, the sum of all cases determined individually, probably applying different assumptions to each arrangement).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21412-158489<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21409-158489<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 6<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReinsuranceReceivablesCaseBasis</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Estimated amount after valuation allowance of reinsurance recoverables, due from reinsurers for incurred claims not yet reported, and claims settlement expenses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21412-158489<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21409-158489<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 6<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReinsuranceReceivablesIncurredButNotReportedClaims</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsuranceReceivablesPaidLossesRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after valuation allowance currently billed or billable under reinsurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21412-158489<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21409-158489<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.6)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 6<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ReinsuranceReceivablesPaidLossesRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LaeReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LaeReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossReservesClaimLiabilityMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossReservesClaimLiabilityMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>124
<FILENAME>R102.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EWUAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesAbstract', window );"><strong>Deferred tax liabilities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue', window );">Unearned premium reserve</a></td>
        <td class="nump"><a title="mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" onclick="toggleNextSibling(this);">$ 196</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue</span><span></span></td>
        <td class="nump"><a title="mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" onclick="toggleNextSibling(this);">$ 220</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome', window );">Deferral of cancellation of indebtedness income</a></td>
        <td class="nump"><a title="mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" onclick="toggleNextSibling(this);">91</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxLiabilitiesDeferralOfCodIncome</span><span></span></td>
        <td class="nump"><a title="mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" onclick="toggleNextSibling(this);">114</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxLiabilitiesDeferralOfCodIncome</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost', window );">Deferred acquisition costs</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" onclick="toggleNextSibling(this);">87</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome', window );">Net unrealized gains in accumulated other comprehensive income</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings', window );">Basis difference in foreign subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesOther', window );">Other</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesOther" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesOther</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxLiabilitiesOther" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxLiabilitiesOther</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxLiabilities', window );">Total gross deferred tax liabilities</a></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxLiabilities" onclick="toggleNextSibling(this);">423</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxLiabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxLiabilities" onclick="toggleNextSibling(this);">478</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxLiabilities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsGrossAbstract', window );"><strong>Deferred tax assets [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits', window );">Compensation and employee benefits</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves', window );">Loss and loss adjustment expense reserves</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" onclick="toggleNextSibling(this);">85</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards', window );">Net operating loss and tax credit carryforwards</a></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" onclick="toggleNextSibling(this);">1,150</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards</span><span></span></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" onclick="toggleNextSibling(this);">917</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments', window );">Capital loss carryforward and other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments</span><span></span></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">93</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsInsuredDerivatives', window );">Net unrealized losses on insured derivatives</a></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsInsuredDerivatives" onclick="toggleNextSibling(this);">93</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsInsuredDerivatives</span><span></span></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsInsuredDerivatives" onclick="toggleNextSibling(this);">400</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsInsuredDerivatives</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsDerivativeInstruments', window );">Net losses on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsDerivativeInstruments" onclick="toggleNextSibling(this);">37</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsDerivativeInstruments</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsDerivativeInstruments" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsDerivativeInstruments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss', window );">Net unrealized losses in accumulated other comprehensive income</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsOtherComprehensiveLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsOtherComprehensiveLoss</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax', window );">Alternative minimum tax credit carryforward</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsVariableInterestEntities', window );">Net deferred taxes on VIEs</a></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsVariableInterestEntities" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsVariableInterestEntities</span><span></span></td>
        <td class="nump"><a title="mbi_DeferredTaxAssetsVariableInterestEntities" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_DeferredTaxAssetsVariableInterestEntities</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsGross', window );">Total gross deferred tax assets</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsGross" onclick="toggleNextSibling(this);">1,432</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsGross</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsGross" onclick="toggleNextSibling(this);">1,680</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsGross</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsValuationAllowance</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">93</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsValuationAllowance</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Net deferred tax asset</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet" onclick="toggleNextSibling(this);">$ 1,009</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsLiabilitiesNet" onclick="toggleNextSibling(this);">$ 1,109</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsLiabilitiesNet</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents deferred tax assets on capital loss carryforwards and other-than-temporary impairments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsInsuredDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the dererred tax assets on insured derivatives.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DeferredTaxAssetsInsuredDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This elements represents deferred tax assets on net operating loss and tax credit carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsVariableInterestEntities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the deferred tax assets related to variable interest entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DeferredTaxAssetsVariableInterestEntities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the deferred tax liabilities on the cancellation of indebtedness income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DeferredTaxLiabilitiesDeferralOfCodIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax liability attributable to deductible temporary differences from the unearned premiums reserve.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Liability<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510232<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Subparagraph b(2)<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsDerivativeInstruments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from derivative instruments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsDerivativeInstruments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Asset<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510090<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsGross</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsGrossAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsGrossAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsLiabilitiesNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from unrealized losses in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 11<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e39076-109324<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsOtherComprehensiveLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible alternative minimum tax credit carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Alternative Minimum Tax<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6504908<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from compensation and benefits costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from loss reserves other than estimated credit losses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsValuationAllowance</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount as of the balance sheet date of the estimated future tax effects attributable to policy acquisition costs being expensed for tax purposes but capitalized in conformity with generally accepted accounting principles, which will reverse in future periods when amortization of such capitalized costs cannot be deducted for tax purposes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesOther">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences not separately disclosed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesOther</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences from unrealized gains in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 11<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=18498875&amp;loc=d3e39076-109324<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences from undistributed earnings of subsidiaries and other recognized entities not within the country of domicile of the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29652012&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>125
<FILENAME>R63.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E3UAI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 133,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 117,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">$ 50,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate', window );">Weighted average risk-free rate used to discount claim liability</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" onclick="toggleNextSibling(this);">1.72%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" onclick="toggleNextSibling(this);">2.37%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember', window );">CDO Portfolio [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember]" onclick="toggleNextSibling(this);">33,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ mbi_ClassifiedStatusAxis<br>= mbi_CdoPortfolioMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember', window );">CDO Portfolio [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie', window );">Elimination Of Loss And LAE Expense (Benefit) As Result Of Consolidating VIEs</a></td>
        <td class="nump"><a title="mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie[mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie<br>/ mbi_ClassifiedStatusAxis<br>= mbi_CdoPortfolioMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember', window );">Second Lien Residential Mortgage Backed Securities And Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">70,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">(2,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">(151,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie', window );">Elimination Of Loss And LAE Expense (Benefit) As Result Of Consolidating VIEs</a></td>
        <td class="nump"><a title="mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie[us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">20,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember', window );">First Lien Residential Mortgage Backed Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder (Benefits) And Claims Incurred Net</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">65,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(70,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">147,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie', window );">Elimination Of Loss And LAE Expense (Benefit) As Result Of Consolidating VIEs</a></td>
        <td class="num"><a title="mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie[us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember]" onclick="toggleNextSibling(this);">(2,000,000)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_FirstLienResidentialMortgageBackedSecuritiesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember', window );">Financial Guarantee [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateCdoLossAndLaeReserves', window );">Aggregate CDO Loss And LAE Reserves</a></td>
        <td class="nump"><a title="mbi_AggregateCdoLossAndLaeReserves[mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember]" onclick="toggleNextSibling(this);">111,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateCdoLossAndLaeReserves<br>/ mbi_ClaimLiabilityAxis<br>= us-gaap_FinancialGuaranteeMember</span><span></span></td>
        <td class="nump"><a title="mbi_AggregateCdoLossAndLaeReserves[mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember]" onclick="toggleNextSibling(this);">127,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateCdoLossAndLaeReserves<br>/ mbi_ClaimLiabilityAxis<br>= us-gaap_FinancialGuaranteeMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember', window );">Financial Guarantee [Member] | CDO Portfolio [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie', window );">Elimination Of Loss And Lae Reserves As Result Of Consolidating VIEs</a></td>
        <td class="nump"><a title="mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie[mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember;mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">225,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie<br>/ mbi_ClaimLiabilityAxis<br>= us-gaap_FinancialGuaranteeMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_CdoPortfolioMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie[mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember;mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">226,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie<br>/ mbi_ClaimLiabilityAxis<br>= us-gaap_FinancialGuaranteeMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_CdoPortfolioMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReservesForExpectedFutureClaimPayments', window );">Reserves for expected future claim payments</a></td>
        <td class="nump"><a title="mbi_ReservesForExpectedFutureClaimPayments[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">653,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReservesForExpectedFutureClaimPayments<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="nump"><a title="mbi_ReservesForExpectedFutureClaimPayments[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">847,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReservesForExpectedFutureClaimPayments<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Expected recoveries of future payments</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">147,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember]" onclick="toggleNextSibling(this);">206,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LossAndLaeReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember', window );">Recoveries On Unpaid Losses [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Expected recoveries of future payments</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">147,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">206,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">332,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">533,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">694,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">3,648,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member] | Classified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EstimatedInsuranceRecoveries', window );">Insurance claim loss recoverable</a></td>
        <td class="nump"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">533,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_EstimatedInsuranceRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">694,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EstimatedInsuranceRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">533,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember;mbi_ClassifiedStatusAxis=mbi_ClassifiedMember]" onclick="toggleNextSibling(this);">694,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_ClassifiedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LoanRepurchaseCommitmentsMember', window );">Loan Repurchase Commitments [Member] | Second Lien Residential Mortgage Backed Securities And Reserves [Member] | Ineligible Loan Recoveries [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TotalEstimatedInsuranceRecoveries', window );">Total estimated insurance recoveries</a></td>
        <td class="nump"><a title="mbi_TotalEstimatedInsuranceRecoveries[mbi_ClaimLiabilityAxis=mbi_LoanRepurchaseCommitmentsMember;mbi_ClassifiedStatusAxis=mbi_IneligibleLoanRecoveriesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">$ 379,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_TotalEstimatedInsuranceRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_IneligibleLoanRecoveriesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="nump"><a title="mbi_TotalEstimatedInsuranceRecoveries[mbi_ClaimLiabilityAxis=mbi_LoanRepurchaseCommitmentsMember;mbi_ClassifiedStatusAxis=mbi_IneligibleLoanRecoveriesMember;us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember]" onclick="toggleNextSibling(this);">$ 359,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_TotalEstimatedInsuranceRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_LoanRepurchaseCommitmentsMember<br>/ mbi_ClassifiedStatusAxis<br>= mbi_IneligibleLoanRecoveriesMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateCdoLossAndLaeReserves">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate CDO loss and LAE reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AggregateCdoLossAndLaeReserves</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Elimination Of Loss And LAE Expense As Result Of Consolidating VIEs</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_EliminationOfLossAndLaeExpenseAsResultOfConsolidatingVie</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Elimination Of Loss And Lae Reserves As Result Of Consolidating Vie</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_Eliminationoflossandlaereservesasresultofconsolidatingvie</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GrossReserveRecoveriesOnUnpaidLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross reserve, recoveries on unpaid losses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_GrossReserveRecoveriesOnUnpaidLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseReservesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseReservesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReservesForExpectedFutureClaimPayments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reserves For Expected Future Claim Payments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReservesForExpectedFutureClaimPayments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TotalEstimatedInsuranceRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total Estimated Insurance Recoveries</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TotalEstimatedInsuranceRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EstimatedInsuranceRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 17<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EstimatedInsuranceRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the weighted average risk free rate used to discount the claim liability related to financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 40<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LoanRepurchaseCommitmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LoanRepurchaseCommitmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=us-gaap_FinancialGuaranteeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClassifiedStatusAxis=mbi_CdoPortfolioMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>126
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EFDBI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail) (Nondesignated [Member], USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet" onclick="toggleNextSibling(this);">$ 398</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet" onclick="toggleNextSibling(this);">$ 325</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet" onclick="toggleNextSibling(this);">$ 1,445</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember', window );">Unrealized Gains Losses On Insured Derivatives [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">888</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">1,725</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">1,847</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember', window );">Unrealized Gains Losses On Insured Derivatives [Member] | All Other [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">52</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember', window );">Unrealized Gains Losses On Insured Derivatives [Member] | Insured Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InsuredSwapsMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember', window );">Realized Gains Losses And Other Settlements On Insured Derivatives [Member] | Credit Default Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">(413)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">(1,545)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">(406)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CreditDefaultSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember', window );">Realized Gains Losses And Other Settlements On Insured Derivatives [Member] | All Other [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember', window );">Foreign Exchange And Other Derivative Financial Instruments [Member] | Non Insured Credit Default Swaps [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_NonInsuredCreditDefaultSwapsMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_NonInsuredCreditDefaultSwapsMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember', window );">Foreign Exchange And Other Derivative Financial Instruments [Member] | Interest Rate Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">(78)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">65</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">(75)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_InterestRateSwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember', window );">Foreign Exchange And Other Derivative Financial Instruments [Member] | Currency Swap [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CurrencySwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CurrencySwapMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_CurrencySwapMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember', window );">Foreign Exchange And Other Derivative Financial Instruments [Member] | All Other [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= us-gaap_OtherCreditDerivativesMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember', window );">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member] | Non Insured Credit Default Swaps V I E [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_NonInsuredCreditDefaultSwapsVIEMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_NonInsuredCreditDefaultSwapsVIEMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember', window );">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member] | Interest Rate Swaps V I E [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsVIEMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_InterestRateSwapsVIEMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember', window );">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member] | Currency Swaps Vie [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_CurrencySwapsVieMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_CurrencySwapsVieMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_CurrencySwapsVieMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember', window );">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member] | All Other V I E [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num"><a title="us-gaap_DerivativeGainLossOnDerivativeNet[us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember;us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember;us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember]" onclick="toggleNextSibling(this);">$ (2)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeGainLossOnDerivativeNet<br>/ us-gaap_DerivativeInstrumentRiskAxis<br>= mbi_AllOtherVIEMember<br>/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis<br>= us-gaap_NondesignatedMember<br>/ us-gaap_IncomeStatementLocationAxis<br>= mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeGainLossOnDerivativeNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) in the fair value of derivatives recognized in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4A<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5618551-113959<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4C<br><br> -Subparagraph (a),(c),(d),(e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5624171-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeGainLossOnDerivativeNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>127
<FILENAME>R129.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ECNDI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule II - Condensed Statements Of Cash Flows (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInterestAndDividendsReceived', window );">Investment income received</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived" onclick="toggleNextSibling(this);">$ 419</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived" onclick="toggleNextSibling(this);">$ 426</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived" onclick="toggleNextSibling(this);">$ 594</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForOperatingActivities', window );">Operating expenses paid</a></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities" onclick="toggleNextSibling(this);">(238)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities" onclick="toggleNextSibling(this);">(277)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities" onclick="toggleNextSibling(this);">(400)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of interest converted to principal</a></td>
        <td class="num"><a title="us-gaap_InterestPaidNet" onclick="toggleNextSibling(this);">(179)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_InterestPaidNet" onclick="toggleNextSibling(this);">(224)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_InterestPaidNet" onclick="toggleNextSibling(this);">(400)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income taxes (paid) received</a></td>
        <td class="num"><a title="us-gaap_IncomeTaxesPaidNet" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxesPaidNet" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet</span><span></span></td>
        <td class="num"><a title="us-gaap_IncomeTaxesPaidNet" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(333)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">1,829</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(1,027)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities', window );">Purchases of available-for-sale investments</a></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities" onclick="toggleNextSibling(this);">(1,494)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities" onclick="toggleNextSibling(this);">(2,397)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities" onclick="toggleNextSibling(this);">(3,086)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities', window );">Sales of available-for-sale investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">1,726</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">4,658</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities', window );">Paydowns and maturities of available-for-sale investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">484</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">452</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" onclick="toggleNextSibling(this);">609</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities', window );">Purchases of investments at fair value</a></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" onclick="toggleNextSibling(this);">(631)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" onclick="toggleNextSibling(this);">(371)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" onclick="toggleNextSibling(this);">(346)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities', window );">Sales, paydowns and maturities of investments at fair value</a></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" onclick="toggleNextSibling(this);">789</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" onclick="toggleNextSibling(this);">595</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" onclick="toggleNextSibling(this);">960</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromShortTermInvestments', window );">Sales, paydowns and maturities (purchases) of short-term investments, net</a></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments" onclick="toggleNextSibling(this);">515</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments" onclick="toggleNextSibling(this);">(358)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments" onclick="toggleNextSibling(this);">739</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments', window );">Proceeds From Sales Maturities Prepayments and Calls Of Other Investments</a></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities', window );">(Payments) proceeds for derivative settlements</a></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" onclick="toggleNextSibling(this);">(54)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" onclick="toggleNextSibling(this);">(288)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties', window );">Collateral (to) from swap counterparty</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" onclick="toggleNextSibling(this);">144</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" onclick="toggleNextSibling(this);">122</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" onclick="toggleNextSibling(this);">(285)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided (used) by investing activities</a></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">812</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">4,195</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt', window );">Proceeds from investment agreements</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" onclick="toggleNextSibling(this);">30</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfOtherLongTermDebt', window );">Principal paydowns of investment agreements</a></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt" onclick="toggleNextSibling(this);">(192)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt" onclick="toggleNextSibling(this);">(285)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt" onclick="toggleNextSibling(this);">(688)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase', window );">Payments for securities sold under agreements to repurchase</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</span><span></span></td>
        <td class="num"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" onclick="toggleNextSibling(this);">(287)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Payments for retirement of debt</a></td>
        <td class="nump"><a title="us-gaap_RepaymentsOfLongTermDebt" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfLongTermDebt" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfLongTermDebt" onclick="toggleNextSibling(this);">(540)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Purchases of treasury stock</a></td>
        <td class="num"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromStockPlans', window );">Restricted stock awards settlements</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided (used) by financing activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(892)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(1,566)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(2,811)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations', window );">Effect of exchange rate changes on cash and cash equivalents</a></td>
        <td class="num"><a title="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
        <td class="num"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">(421)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">268</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" onclick="toggleNextSibling(this);">357</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - beginning of year</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">1,258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">990</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">633</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - end of year</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">1,258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">990</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract', window );"><strong>Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInAbstract', window );"><strong>Change in: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetOtherThanTemporaryImpairments', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments</span><span></span></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments</span><span></span></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments" onclick="toggleNextSibling(this);">105</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net (gains) losses on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">(128)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">(244)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">(73)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses', window );">Other net realized (gains) losses</a></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" onclick="toggleNextSibling(this);">(25)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</span><span></span></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax provision (benefit)</a></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">157</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">365</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt', window );">(Gains) losses on extinguishment of debt</a></td>
        <td class="nump"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="num"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">(61)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="num"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">(49)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoncashIncomeExpense', window );">Other operating</a></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense" onclick="toggleNextSibling(this);">114</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense" onclick="toggleNextSibling(this);">103</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense" onclick="toggleNextSibling(this);">138</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities', window );">Total adjustments to net income (loss)</a></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" onclick="toggleNextSibling(this);">(902)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" onclick="toggleNextSibling(this);">1,579</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</span><span></span></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" onclick="toggleNextSibling(this);">(2,261)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(333)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">1,829</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" onclick="toggleNextSibling(this);">(1,027)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromFeesReceived', window );">Fees and reimbursements received</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromFeesReceived[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromFeesReceived<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromFeesReceived[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromFeesReceived<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromFeesReceived[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromFeesReceived<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInterestAndDividendsReceived', window );">Investment income received</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">256</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromInterestAndDividendsReceived[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">118</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromInterestAndDividendsReceived<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForOperatingActivities', window );">Operating expenses paid</a></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(35)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(35)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForOperatingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(43)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForOperatingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of interest converted to principal</a></td>
        <td class="num"><a title="us-gaap_InterestPaidNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(93)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_InterestPaidNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(93)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_InterestPaidNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(101)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestPaidNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income taxes (paid) received</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxesPaidNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxesPaidNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">111</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncomeTaxesPaidNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">224</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxesPaidNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">188</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">233</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities', window );">Purchases of available-for-sale investments</a></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(125)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(287)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsToAcquireAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(560)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities', window );">Sales of available-for-sale investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">268</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,148</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities', window );">Paydowns and maturities of available-for-sale investments</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">98</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">252</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,036</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities', window );">Purchases of investments at fair value</a></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(266)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(144)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(42)</a><span style="display:none;white-space:normal;text-align:left;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities', window );">Sales, paydowns and maturities of investments at fair value</a></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">280</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">126</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">139</a><span style="display:none;white-space:normal;text-align:left;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromShortTermInvestments', window );">Sales, paydowns and maturities (purchases) of short-term investments, net</a></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(242)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">94</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromShortTermInvestments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">114</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromShortTermInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities', window );">(Payments) proceeds for derivative settlements</a></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(26)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(207)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties', window );">Collateral (to) from swap counterparty</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">144</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">122</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseCashCollateralFromCounterparties[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(285)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ContributionsToSubsidiaries', window );">Contributions to subsidiaries, net</a></td>
        <td class="num"><a title="mbi_ContributionsToSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(20)</a><span style="display:none;white-space:normal;text-align:left;">mbi_ContributionsToSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_ContributionsToSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_ContributionsToSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_ContributionsToSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">mbi_ContributionsToSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities', window );">Advances to subsidiaries, net</a></td>
        <td class="num"><a title="us-gaap_PaymentsForProceedsFromOtherInvestingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromOtherInvestingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromOtherInvestingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromOtherInvestingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForProceedsFromOtherInvestingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForProceedsFromOtherInvestingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided (used) by investing activities</a></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">99</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">280</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,332</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt', window );">Proceeds from investment agreements</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfOtherLongTermDebt', window );">Principal paydowns of investment agreements</a></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(274)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfOtherLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(679)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfOtherLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase', window );">Payments for securities sold under agreements to repurchase</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(639)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Payments for retirement of debt</a></td>
        <td class="nump"><a title="us-gaap_RepaymentsOfLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfLongTermDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(180)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfLongTermDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfRelatedPartyDebt', window );">Payments for affiliate loans</a></td>
        <td class="num"><a title="us-gaap_RepaymentsOfRelatedPartyDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(153)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfRelatedPartyDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfRelatedPartyDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(194)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfRelatedPartyDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_RepaymentsOfRelatedPartyDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(109)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RepaymentsOfRelatedPartyDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Purchases of treasury stock</a></td>
        <td class="num"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PaymentsForRepurchaseOfCommonStock[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PaymentsForRepurchaseOfCommonStock<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromStockPlans', window );">Restricted stock awards settlements</a></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ProceedsFromStockPlans[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ProceedsFromStockPlans<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided (used) by financing activities</a></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(327)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(465)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(1,575)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
        <td class="num"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(40)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(40)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - beginning of year</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">132</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - end of year</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">100</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract', window );"><strong>Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInAbstract', window );"><strong>Change in: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties', window );">Intercompany accounts receivable</a></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable', window );">Current income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">70</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">116</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">57</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EquityInNetIncomeLossOfSubsidiaries', window );">Equity in earnings of subsidiaries</a></td>
        <td class="num"><a title="mbi_EquityInNetIncomeLossOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(463)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EquityInNetIncomeLossOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_EquityInNetIncomeLossOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(118)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EquityInNetIncomeLossOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_EquityInNetIncomeLossOfSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(762)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EquityInNetIncomeLossOfSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">225</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">219</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetOtherThanTemporaryImpairments', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_NetOtherThanTemporaryImpairments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetOtherThanTemporaryImpairments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net (gains) losses on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(24)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(11)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">119</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses', window );">Other net realized (gains) losses</a></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax provision (benefit)</a></td>
        <td class="num"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(176)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(207)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_DeferredIncomeTaxExpenseBenefit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(613)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredIncomeTaxExpenseBenefit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt', window );">(Gains) losses on extinguishment of debt</a></td>
        <td class="num"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(43)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoncashIncomeExpense', window );">Other operating</a></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">41</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherNoncashIncomeExpense[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">62</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherNoncashIncomeExpense<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities', window );">Total adjustments to net income (loss)</a></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(381)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(1,031)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 188</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 233</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 203</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ChangeInAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ChangeInAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ContributionsToSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Contributions to subsidiaries net of capital returned by subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ContributionsToSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EquityInNetIncomeLossOfSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Equity in net income (loss) of subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_EquityInNetIncomeLossOfSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase decrease in other net Realized Gains Losses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetOtherThanTemporaryImpairments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net Other Than Temporary Impairments</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetOtherThanTemporaryImpairments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to acquire securities classified as fair value option or trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sales, maturities and paydowns of fair value option and trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sales, maturity (principal being due), prepayment and call (request of early payment) of other investments.)</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of adjustments which are added to or deducted from net income or loss, including the portion attributable to noncontrolling interest, to reflect cash provided by or used in operating activities, in accordance with the indirect cash flow method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3044-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 230<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450594&amp;loc=d3e33268-110906<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.9-06)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 06<br><br> -Article 9<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph b<br><br> -Article 12<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 3<br><br> -Subparagraph (SX 210.12-04.(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The effect of exchange rate changes on cash balances in continuing operations held in foreign currencies.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 830<br><br> -SubTopic 230<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450594&amp;loc=d3e33268-110906<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaidNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxesPaidNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the amount of cash held either as collateral directly or provided to third parties associated with derivative instruments. Upon the occurrence of any specified triggering event or condition associated with the derivative, these amounts can be utilized to recover all or a portion of the amounts due or payable under the derivative.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the amount due to the reporting entity for good and services provided to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, member of their immediate families, affiliates, or other parties with the ability to exert significant influence.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaidNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid for interest during the period net of cash paid for interest that is capitalized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestPaidNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3574-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3574-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3521-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherNoncashIncomeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherNoncashIncomeExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total amount of cash paid for operating activities during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (d)-(g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForOperatingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash outflow or inflow from derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3095-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3098-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromOtherInvestingActivities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromShortTermInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3095-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3098-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromShortTermInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRepurchaseOfCommonStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to reacquire common stock during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsForRepurchaseOfCommonStock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3213-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromFeesReceived">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash received for fees during the current period. This element excludes cash proceeds from license fees.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromFeesReceived</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInterestAndDividendsReceived">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash received for dividends and interest on the entity's equity and debt investments during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromInterestAndDividendsReceived</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow from other long-term borrowings not otherwise defined in the taxonomy (with maturities initially due beyond one year or the normal operating cycle of the entity, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3255-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash flow from investments sold under the agreement to repurchase such investment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3095-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3098-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26853-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3179-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromStockPlans">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the amount received from the stock plan during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3255-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ProceedsFromStockPlans</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfLongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfOtherLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow attributable to repayments of borrowings not otherwise defined in the taxonomy (with maturities initially due after one year or beyond the operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfOtherLongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfRelatedPartyDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3291-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RepaymentsOfRelatedPartyDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>128
<FILENAME>R34.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule IV - Reinsurance<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract', window );"><strong>Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock', window );">Supplemental Schedule of Reinsurance Premiums for Insurance Companies</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE IV</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:18pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. AND SUBSIDIARIES</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >REINSURANCE</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:18pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Years Ended December 31, 2014, 2013 and 2012</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(In millions)</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:center;border-color:Black;min-width:78pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:9pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column A</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column B</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column C</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column D</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column E</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column F</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:12pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assumed</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' ></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >From</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >of Amount</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Direct</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Ceded to</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assumed</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium Written</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Others</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Companies</font></td><td style='width:17.25pt;text-align:center;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >to Net</font></td><td style='width:51pt;text-align:center;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:15pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2014</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(18)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0%</font></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:15pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2013</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(40)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(41)</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-2%</font></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td></tr><tr style='height:15pt;' ><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td><td style='width:78pt;text-align:left;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2012</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >17</font></td><td style='width:17.25pt;text-align:left;border-color:Black;min-width:17.25pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >12%</font></td><td style='width:51pt;text-align:left;border-color:Black;min-width:51pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for the supplemental schedule of reinsurance information. Reinsurance schedule includes, but is not limited to, the type of insurance, gross amount of premiums, premiums ceded to other entities, premiums assumed from other entities, net amount of premium revenue, and the percentage of the premiums assumed to net premium revenue.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 3<br><br> -Subparagraph (SX 210.7-05.(c) Schedule IV)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879921&amp;loc=d3e569147-122900<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 05<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R51.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E6GBG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Developments And Risks And Uncertainties (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
        <th class="th" colspan="1">0 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Jan. 13, 2015</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NumberOfOperatingSegments', window );">Number of operating segments</a></td>
        <td class="nump"><a title="us-gaap_NumberOfOperatingSegments" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NumberOfOperatingSegments</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CommutedGrossInsuredExposure', window );">Commuted gross insured exposure</a></td>
        <td class="nump"><a title="mbi_CommutedGrossInsuredExposure" onclick="toggleNextSibling(this);">$ 7,100,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_CommutedGrossInsuredExposure</span><span></span></td>
        <td class="nump"><a title="mbi_CommutedGrossInsuredExposure" onclick="toggleNextSibling(this);">$ 20,000,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_CommutedGrossInsuredExposure</span><span></span></td>
        <td class="nump"><a title="mbi_CommutedGrossInsuredExposure" onclick="toggleNextSibling(this);">$ 13,400,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_CommutedGrossInsuredExposure</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember', window );">SubsequentEvent [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisposalDate1', window );">Cutwater sale effective date</a></td>
        <td class="text">Jan.  01,  2015<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">Mbia Inc [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiquidAssets', window );">Liquid assets</a></td>
        <td class="nump"><a title="mbi_LiquidAssets[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">498,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiquidAssets<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="nump"><a title="mbi_LiquidAssets[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">359,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiquidAssets<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReleaseFromTaxSharingAgreementEscrowAccount', window );">Amount released from tax escrow account</a></td>
        <td class="nump"><a title="mbi_ReleaseFromTaxSharingAgreementEscrowAccount[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">220,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReleaseFromTaxSharingAgreementEscrowAccount<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">Mbia Inc [Member] | SubsequentEvent [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReleaseFromTaxSharingAgreementEscrowAccount', window );">Amount released from tax escrow account</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_ReleaseFromTaxSharingAgreementEscrowAccount[dei_LegalEntityAxis=mbi_MbiaIncMember;us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember]" onclick="toggleNextSibling(this);">228,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReleaseFromTaxSharingAgreementEscrowAccount<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember<br>/ us-gaap_SubsequentEventTypeAxis<br>= us-gaap_SubsequentEventMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_NationalMember', window );">National [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOfRealEstate', window );">Impairment of real estate</a></td>
        <td class="nump"><a title="us-gaap_ImpairmentOfRealEstate[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">3,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ImpairmentOfRealEstate<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ImpairmentOfRealEstate[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">29,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ImpairmentOfRealEstate<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_NationalMember]" onclick="toggleNextSibling(this);">220,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_NationalMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_BankOfAmericaMember', window );">Bank Of America [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CommutedGrossInsuredExposure', window );">Commuted gross insured exposure</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_CommutedGrossInsuredExposure[dei_LegalEntityAxis=mbi_BankOfAmericaMember]" onclick="toggleNextSibling(this);">7,400,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_CommutedGrossInsuredExposure<br>/ dei_LegalEntityAxis<br>= mbi_BankOfAmericaMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_SocietegeneraleMember', window );">Societe Generale [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CommutedGrossInsuredExposure', window );">Commuted gross insured exposure</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="mbi_CommutedGrossInsuredExposure[dei_LegalEntityAxis=mbi_SocietegeneraleMember]" onclick="toggleNextSibling(this);">$ 4,200,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_CommutedGrossInsuredExposure<br>/ dei_LegalEntityAxis<br>= mbi_SocietegeneraleMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_CommutedGrossInsuredExposure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the gross insured exposure commuted duting the period</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_CommutedGrossInsuredExposure</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LiquidAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the liquidity position of the entity</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LiquidAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReleaseFromTaxSharingAgreementEscrowAccount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the amount released from the escrow account related to the tax sharing agreement during the period</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReleaseFromTaxSharingAgreementEscrowAccount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessAcquisitionLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BusinessAcquisitionLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.9-06)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 06<br><br> -Article 9<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph b<br><br> -Article 12<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 3<br><br> -Subparagraph (SX 210.12-04.(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisposalDate1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Date the entity disposed of a business or a group of assets, in CCYY-MM-DD format.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DisposalDate1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:dateItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ImpairmentOfRealEstate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The charge against earnings in the period to reduce the carrying amount of real property to fair value.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391110&amp;loc=d3e2921-110230<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ImpairmentOfRealEstate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NumberOfOperatingSegments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NumberOfOperatingSegments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:integerItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_BankOfAmericaMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_BankOfAmericaMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaIncMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaIncMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_NationalMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_NationalMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_SocietegeneraleMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_SocietegeneraleMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>130
<FILENAME>R21.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Segments<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingDisclosureTextBlock', window );">Business Segments</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 12: Business Segments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As defined by segment reporting, an operating segment is a component of a company (i)&#160;that engages in business activities from which it earns revenue and incurs expenses, (ii)&#160;whose operating results are regularly reviewed by the Chief </font><font style='font-family:Times New Roman;font-size:10pt;' >Operating Decision Maker to assess the performance of the segment and to make decisions about the allocation of resources to the segment and, (iii)&#160;for which discrete financial information is available. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company manages its businesses across five opera</font><font style='font-family:Times New Roman;font-size:10pt;' >ting segments: </font><font style='font-family:Times New Roman;font-size:10pt;' >1) U.S. public finance insurance; 2) international and structured finance insurance; 3) corporate; 4) advisory services; and 5) conduit.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s U.S. public finance insurance business is operated through National, its international and structured fina</font><font style='font-family:Times New Roman;font-size:10pt;' >nce insurance business is operated through MBIA Corp. and its advisory services business is primarily operated through Cutwater. </font><font style='font-family:Times New Roman;font-size:10pt;' >During 2014, the Company dissolved its conduit segment by </font><font style='font-family:Times New Roman;font-size:10pt;' >extinguishing </font><font style='font-family:Times New Roman;font-size:10pt;' >the remaining </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities of the segment and liquidatin</font><font style='font-family:Times New Roman;font-size:10pt;' >g the Company&#8217;s remaining conduit, Me</font><font style='font-family:Times New Roman;font-size:10pt;' >ridian Funding Company, LLC (&#8220;Meridian&#8221;).</font><font style='font-family:Times New Roman;font-size:10pt;' > In addition, in the fourth quarter of 2014, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >entered into </font><font style='font-family:Times New Roman;font-size:10pt;' >an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >as effective on </font><font style='font-family:Times New Roman;font-size:10pt;' >January</font><font style='font-family:Times New Roman;font-size:10pt;' > 1, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > in which, the Company exited its advisory services business</font><font style='font-family:Times New Roman;font-size:10pt;' >.</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;' >The Company regularly evaluates its business segment </font><font style='font-family:Times New Roman;font-size:10pt;' >reporting</font><font style='font-family:Times New Roman;font-size:10pt;' > to ensure it reflects management&#8217;s perspective and provides discrete financial information on which</font><font style='font-family:Times New Roman;font-size:10pt;' > to assess segment performance. During 2014, the Company continued to realize its business strategy, which included the liquidation of its conduit and advisory services businesses and re</font><font style='font-family:Times New Roman;font-size:10pt;' >align</font><font style='font-family:Times New Roman;font-size:10pt;' >ing the management of its asset/liability </font><font style='font-family:Times New Roman;font-size:10pt;' >products</font><font style='font-family:Times New Roman;font-size:10pt;' > and corporate </font><font style='font-family:Times New Roman;font-size:10pt;' >activities. </font><font style='font-family:Times New Roman;font-size:10pt;' >Effective in the fourth quarter of 2014, </font><font style='font-family:Times New Roman;font-size:10pt;' >the</font><font style='font-family:Times New Roman;font-size:10pt;' > Company&#8217;s previously reported </font><font style='font-family:Times New Roman;font-size:10pt;' >asset/liability products </font><font style='font-family:Times New Roman;font-size:10pt;' >segment and its corporate segment are managed and reported as a single operating segment referred to as the </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate segment</font><font style='font-family:Times New Roman;font-size:10pt;' > since 1) the previ</font><font style='font-family:Times New Roman;font-size:10pt;' >ous asset/liability products segment did not represent a future business prospect for the Company and is in wind-down; 2) the Company manages and reports the invested assets and debt obligation liabilities as a single activity; 3) the activities are econom</font><font style='font-family:Times New Roman;font-size:10pt;' >ically similar as the servicing of the debt obligation liabilities are funded by the same financial resources; and 4) the Company evaluates the performance and resource needs of these activities collectively. The Company&#8217;s new segment reporting structure i</font><font style='font-family:Times New Roman;font-size:10pt;' >s reflected in its reporting to its </font><font style='font-family:Times New Roman;font-size:10pt;' >Chief Operating Decision Maker</font><font style='font-family:Times New Roman;font-size:10pt;' >, as well as the senior management team and Board of Directors, who use this information </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >make key business decisions, assess performance and allocate resources to its segments. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain </font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >ior period </font><font style='font-family:Times New Roman;font-size:10pt;' >amounts</font><font style='font-family:Times New Roman;font-size:10pt;' > within the corporate segment results </font><font style='font-family:Times New Roman;font-size:10pt;' >have been </font><font style='font-family:Times New Roman;font-size:10pt;' >retrospectively </font><font style='font-family:Times New Roman;font-size:10pt;' >revised </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >reflect the changes in the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >reportable segment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. Such revisions</font><font style='font-family:Times New Roman;font-size:10pt;' > have </font><font style='font-family:Times New Roman;font-size:10pt;' >no impact o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > total </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >revenues, expenses, assets, liabilities, shareholders</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217; equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented.   </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;margin-left:0pt;' >The following sections provide a description of each of the Company&#8217;s reportable 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-style:italic;margin-left:0pt;' >U.S. Public Finance Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. public finance insurance segment is principally conducted through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, U.S. p</font><font style='font-family:Times New Roman;font-size:10pt;' >ublic finance insured obligations when due. The obligations are not subject to acceleration, except that National may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. National issues financial guarantees for m</font><font style='font-family:Times New Roman;font-size:10pt;' >unicipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agenc</font><font style='font-family:Times New Roman;font-size:10pt;' >ies and obligations issued by private entities that finance projects that serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, fees o</font><font style='font-family:Times New Roman;font-size:10pt;' >r tariffs related to the use of these projects, lease payments or other similar types of revenue streams. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >International </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Structured Finance</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Insurance </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s international </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >structured finance</font><font style='font-family:Times New Roman;font-size:10pt;' > insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >segment is principally conducted through</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide unconditional and irrevocable guarantees of the payment of principal of, and interest or other amounts owing on, non-U.S. public finance </font><font style='font-family:Times New Roman;font-size:10pt;' >and global structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insured oblig</font><font style='font-family:Times New Roman;font-size:10pt;' >ations when due, or in the event MBIA Corp. has the right, at its discretion, to accelerate insured obligations upon default or otherwise, upon MBIA Corp.&#8217;s acceleration. Certain guaranteed investment contracts written by MBIA Inc. are insured by MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >., and if MBIA Inc. were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such payments. MBIA Corp. also insures debt obligations of the following affiliates:</font></p><ul><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc.;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >GFL;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Investment Management Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. (&#8220;IMC&#8221;); and</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >LaCrosse Financial Products, LLC, a wholly-owned affiliate, in which MBIA Corp. has written insurance policies guaranteeing the obligations under CDS, including termination payments that may become due upon certain events including the insol</font><font style='font-family:Times New Roman;font-size:10pt;' >vency or payment default of the financial guarantor or the CDS issuer. </font></li></ul><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. insure</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >non</font><font style='font-family:Times New Roman;font-size:10pt;' >-U.S. </font><font style='font-family:Times New Roman;font-size:10pt;' >public finance and </font><font style='font-family:Times New Roman;font-size:10pt;' >global structured finance, including asset-backed</font><font style='font-family:Times New Roman;font-size:10pt;' > obligations. MBIA Corp. has insured </font><font style='font-family:Times New Roman;font-size:10pt;' >sovereign-related and sub-sovereign </font><font style='font-family:Times New Roman;font-size:10pt;' >bonds, </font><font style='font-family:Times New Roman;font-size:10pt;' >utiliti</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' >, privately issued bonds used for </font><font style='font-family:Times New Roman;font-size:10pt;' >the financing of projects</font><font style='font-family:Times New Roman;font-size:10pt;' > that </font><font style='font-family:Times New Roman;font-size:10pt;' >include toll roads, bridges, airports, </font><font style='font-family:Times New Roman;font-size:10pt;' >public </font><font style='font-family:Times New Roman;font-size:10pt;' >transportation facilities, and other types of infrastructure projects serving a substantial public purpose. </font><font style='font-family:Times New Roman;font-size:10pt;' >Global </font><font style='font-family:Times New Roman;font-size:10pt;' >structured finance and asset</font><font style='font-family:Times New Roman;font-size:10pt;' >-backed obligations typically are securities repayable from expected cash flows generated by a specified pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivabl</font><font style='font-family:Times New Roman;font-size:10pt;' >es, and leases for equipment, aircraft and real estate property. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company is no longer insuring new credit derivative contracts except for transactions related to the reduction of existing derivative exposure. MBIA Corp. has not written any meaningful a</font><font style='font-family:Times New Roman;font-size:10pt;' >mount of business since 2008.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Corporate</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;' >The Company&#8217;s corporate segment </font><font style='font-family:Times New Roman;font-size:10pt;' >consists of general corporate activities, including </font><font style='font-family:Times New Roman;font-size:10pt;' >providing general support services to MBIA&#8217;s other operating businesses</font><font style='font-family:Times New Roman;font-size:10pt;' > and asset and debt management. General support services are provided by the Company&#8217;s service company, MBIA Services Corporation (&#8220;MBIA Services&#8221;), formerly Optinuity Alliance Resources Corporation.</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA Services </font><font style='font-family:Times New Roman;font-size:10pt;' >provides various support services includin</font><font style='font-family:Times New Roman;font-size:10pt;' >g, among others, </font><font style='font-family:Times New Roman;font-size:10pt;' >management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, on a fee-for-service basis. </font><font style='font-family:Times New Roman;font-size:10pt;' >Debt management includes activities related to servicing obligations issued by MBIA Inc. and its subsidiari</font><font style='font-family:Times New Roman;font-size:10pt;' >es, IMC and GFL</font><font style='font-family:Times New Roman;font-size:10pt;' >. MBIA Inc. issued debt to finance the operations of the MBIA group. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp., for bond proceeds and other public funds for such purposes as construction, </font><font style='font-family:Times New Roman;font-size:10pt;' >loan origination, escrow and debt service or other reserve fund requirements. It also provided customized products for funds that are invested as part of asset-backed or structured product transactions. GFL raised funds through the issuance of MTNs with va</font><font style='font-family:Times New Roman;font-size:10pt;' >rying maturities, which were in turn guaranteed by MBIA Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. The company ceased issuing these investment agreements and MTNs and the </font><font style='font-family:Times New Roman;font-size:10pt;' >outstanding liability balances and corresponding asset balances </font><font style='font-family:Times New Roman;font-size:10pt;' >have declined over time as liabilities mature, terminate or are retired. </font><font style='font-family:Times New Roman;font-size:10pt;' >All of the debt within the corporate segment is managed collectively and is serviced by the financial resources available to MBIA Inc</font><font style='font-family:Times New Roman;font-size:10pt;' >. Asset management activities support the Company&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s funded liabilities, provide for opportunities in investments and provide general liquidity support to MBIA Inc.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Advisory Services</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The advisory services segment primarily consists of the operations of Cutwater Investor Services Corp. (&#8220;Cutwater-ISC&#8221;) and </font><font style='font-family:Times New Roman;font-size:10pt;' >Cutwater Asset Management Corp. (&#8220;Cutwater-AMC&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and is a fee-for-service investment management business focused on fixed-income markets. </font><font style='font-family:Times New Roman;font-size:10pt;' >Cutwater-ISC and Cutwater-AMC are Securities and Exchange Commission registered investment advisers. </font><font style='font-family:Times New Roman;font-size:10pt;' >In October of 201</font><font style='font-family:Times New Roman;font-size:10pt;' >4, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >entered into </font><font style='font-family:Times New Roman;font-size:10pt;' >an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. </font><font style='font-family:Times New Roman;font-size:10pt;' >Effective with the January 1, 2015 sale of Cutwater, MBIA has no business activities within its advisory services segment.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Conduit</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Co</font><font style='font-family:Times New Roman;font-size:10pt;' >mpany&#8217;s conduit segment was operated through Meridian and administered through MBIA Asset Finance, LLC. Assets financed by Meridian were funded by MTNs. </font><font style='font-family:Times New Roman;font-size:10pt;' >In 2014, the Company extinguished the remaining liabilities of this segment and liquidated </font><font style='font-family:Times New Roman;font-size:10pt;' >Meridian</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >
</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Segments Results</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables provide the Company&#8217;s segment results for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2014</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Advisory</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Services</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Conduit</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 373</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 189</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 42</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 616</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >insured derivatives</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 458</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 459</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 26</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 78</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >to other-than-temporary </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >impairments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (15)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (15)</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 14</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 28</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 105</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (8)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 4</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 101</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 44</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 46</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 22</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (1)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (166)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 443</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 819</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 148</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 23</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (166)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,270</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (10)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 143</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 133</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 38</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 72</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 87</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 42</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 239</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 109</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 101</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 210</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 47</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 47</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 78</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 64</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 15</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 9</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (172)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 106</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 435</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 203</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 48</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 9</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (172)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 629</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 337</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 384</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (55)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (25)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (6)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 641</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 115</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 134</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (173)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (6)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 72</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 222</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 250</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 118</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (19)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (6)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 4</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 569</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 5,887</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 10,086</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,846</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 793</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3,328)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16,284</font></td></tr><tr style='height:13.5pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to intercompany</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        receivables and payables and intercompany loans.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2013</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Advisory</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Services</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Conduit</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 425</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 148</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 644</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >insured derivatives</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 3</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 229</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 232</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 29</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 24</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 15</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 69</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 22</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 38</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 60</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (29)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (29)</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 237</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (14)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 10</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 233</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 90</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 78</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 85</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 26</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (9)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (270)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 518</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 716</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 163</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 43</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (232)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,209</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 105</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 117</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 66</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 108</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 157</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 53</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 384</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 112</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 124</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 236</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 50</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 56</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 96</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 136</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 26</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (272)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 267</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 418</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 288</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 60</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 32</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (272)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 793</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 251</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 298</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (125)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (31)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 40</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 416</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 82</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 101</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (15)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (10)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 13</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 166</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 169</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 197</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (110)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (12)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (21)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 27</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 250</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6,056</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 11,687</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,641</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 44</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 177</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3,652)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 16,953</font></td></tr><tr style='height:11.25pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to intercompany</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        receivables and payables and intercompany loans.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Represents the gain on the debt received as consideration in connection with the settlement with Bank of America.</font></td></tr><tr style='height:9pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='21' rowspan='1' style='width:425.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:425.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2012</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Advisory</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:center;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Services</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Conduit</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 548</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 243</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 68</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 21</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 880</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >insured derivatives</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,463</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,464</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 121</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 93</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (158)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (1)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 55</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >to other-than-temporary </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:114pt;text-align:left;border-color:Black;min-width:114pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >impairments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (45)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (60)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (105)</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 7</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 71</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 63</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 134</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 168</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 45</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 177</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 34</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (2)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (422)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 838</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,871</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 33</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 54</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 61</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (422)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,435</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 21</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 29</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 50</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 124</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 147</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 114</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 46</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 431</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 132</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 152</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 284</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 59</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 13</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 72</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 124</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 208</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 15</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 13</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 97</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (457)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:106.5pt;text-align:left;border-color:Black;min-width:106.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 269</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 575</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 281</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 59</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 110</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (457)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 837</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 569</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,296</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (248)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (49)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 35</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,598</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 188</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 432</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (179)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (1)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (17)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (59)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 364</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 381</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 864</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (69)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (4)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (32)</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 94</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 1,234</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 6,887</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 17,248</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 2,721</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 44</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 694</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (5,870)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 21,724</font></td></tr><tr style='height:9.75pt;' ><td colspan='3' rowspan='1' style='width:121.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:121.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:8.25pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and </font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        other fees.</font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to </font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >        intercompany receivables and payables.</font></td></tr><tr style='height:7.5pt;' ><td colspan='25' rowspan='1' style='width:554.25pt;text-align:left;border-color:Black;min-width:554.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany reinsurance balances, repurchase agreements and loans.</font></td></tr></table></div><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Pr</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >iu</font><font style='font-family:Times New Roman;font-size:10pt;' >ms</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >inan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ep</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >gen</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >id</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >S.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lowin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >iu</font><font style='font-family:Times New Roman;font-size:10pt;' >ms</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ne</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gu</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >eog</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >aph</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >sk</font><font style='font-family:Times New Roman;font-size:10pt;' > f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:243.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total premiums earned:</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United States</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 299</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 391</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 530</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United Kingdom</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 34</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Europe (excluding United Kingdom)</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 7</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 11</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 15</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally diversified</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 16</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Central and South America</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 49</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 48</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asia</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 4</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 5</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 12</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 11</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total   </font></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 416</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 494</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 661</font></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr><tr style='height:15pt;' ><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:213.75pt;text-align:left;border-color:Black;min-width:213.75pt;' ></td><td style='width:25.5pt;text-align:left;border-color:Black;min-width:25.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:11.25pt;text-align:left;border-color:Black;min-width:11.25pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 29<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8864-108599<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 32<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8933-108599<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8844-108599<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8538-108599<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8380-108599<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 34<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8981-108599<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 35<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8984-108599<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 41<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e9038-108599<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8906-108599<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 42<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e9054-108599<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 31<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8924-108599<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 40<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e9031-108599<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 33<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8971-108599<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 280<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6534315&amp;loc=d3e8595-108599<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SegmentReportingDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>131
<FILENAME>R115.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EEUAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail) (Restricted Stock [Member], USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top">
          <div class="a">Restricted Stock [Member]</div>
        </td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding at beginning of year</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">3,832,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">7,320,110</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">4,881,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Granted</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">3,263,472</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">449,931</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">2,689,542</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod', window );">Vested</a></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">(613,641)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">(969,396)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">(70,549)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod', window );">Forfeited</a></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">(123,120)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">(2,968,530)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="num"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">(180,665)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding at end of year</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">6,358,826</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">3,832,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">7,320,110</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue', window );">Outstanding at beginning of year, Weighted Average Price per Share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 7.6438</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 6.8017</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 6.4134</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue', window );">Granted, Weighted Average Price per Share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 12.0284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 13.0741</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 7.9299</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue', window );">Vested, Weighted Average Price per Share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 5.9661</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 9.8408</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 16.7909</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue', window );">Forfeited, Weighted Average Price per Share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 10.2942</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 5.6724</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 9.286</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue', window );">Outstanding at end of year, Weighted Average Price per Share</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 10.0047</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 7.6438</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue[us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember]" onclick="toggleNextSibling(this);">$ 6.8017</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue<br>/ us-gaap_AwardTypeAxis<br>= us-gaap_RestrictedStockMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>132
<FILENAME>R26.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Earnings Per Share<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareTextBlock', window );">Earnings Per Share</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 17: Earnings Per Share</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;' >Earnings p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > is calculated using the two-class method in which earnings are allocated to common stock and participating securities based on their rights to receive nonforfeitable dividends or dividend equivalents. The Company grants </font><font style='font-family:Times New Roman;font-size:10pt;' >restricted stock and restricted stock units to certain employees and non-employee directors in accordance with the Company&#8217;s long-term incentive programs, which entitle the participants to receive nonforfeitable dividends or dividend equivalents during the</font><font style='font-family:Times New Roman;font-size:10pt;' > vesting period on the same basis as those dividends are paid to common shareholders. These unvested stock awards represent participating securities. During periods of net income, the calculation of earnings per share exclude the income attributable to par</font><font style='font-family:Times New Roman;font-size:10pt;' >ticipating securities in the numerator and the dilutive impact of these securities from the denominator. During periods of net loss, no effect is given to participating securities in the numerator and the denominator excludes the dilutive impact of these s</font><font style='font-family:Times New Roman;font-size:10pt;' >ecurities since they do not share in the losses of the Company.  </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;' >Basic earnings per share exclude</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > dilution and is computed by dividing net income</font><font style='font-family:Times New Roman;font-size:10pt;' > available to common shareholders</font><font style='font-family:Times New Roman;font-size:10pt;' > by the weighted average number of common shares outstanding during the peri</font><font style='font-family:Times New Roman;font-size:10pt;' >od. Diluted earnings per share reflects the dilutive effect of all stock options, warrants and unvested restricted stock outstanding during the period that could potentially result in the issuance of common stock. The dilution from stock options, warrants </font><font style='font-family:Times New Roman;font-size:10pt;' >and unvested restricted stock</font><font style='font-family:Times New Roman;font-size:10pt;' > are </font><font style='font-family:Times New Roman;font-size:10pt;' >calculated </font><font style='font-family:Times New Roman;font-size:10pt;' >by applying the two-class method and </font><font style='font-family:Times New Roman;font-size:10pt;' >using the treasury stock method. Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e treasury stock method </font><font style='font-family:Times New Roman;font-size:10pt;' >assumes</font><font style='font-family:Times New Roman;font-size:10pt;' > the proceeds from the exercise of stock options and warrants or the unrecognized compensation expense from </font><font style='font-family:Times New Roman;font-size:10pt;' >unvested restricted stock will be used to purchase shares of the Company&#8217;s common stock at the average market price during the period. </font><font style='font-family:Times New Roman;font-size:10pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' >, there were </font><font style='font-family:Times New Roman;font-size:10pt;' >31,907,852</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >43,210,917</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >33,743,884</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >respectively, of stock options</font><font style='font-family:Times New Roman;font-size:10pt;' >, warrants and unvested restricted stock outstanding </font><font style='font-family:Times New Roman;font-size:10pt;' >that were antidilutive.</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;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ll</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ab</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e computation of basic and diluted earnings per share f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and 2012</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions except share and per share amounts</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Basic earnings per share:</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:center;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >569</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,234</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >553</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >245</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,202</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,171,503</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189,071,011</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,834,626</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:6.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per basic common share</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.94</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.30</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:264pt;text-align:left;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Diluted earnings per share:</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >569</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,234</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: mark-to-market gain (loss) on warrants</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >526</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >245</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,202</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,171,503</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189,071,011</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,834,626</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effect of common stock equivalents:</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >  Stock options</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,104,247</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,241,902</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,062,395</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >  Warrants</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,622,877</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Diluted weighted average shares</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >190,898,627</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >190,312,913</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189,897,021</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per diluted common share</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.76</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.29</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.33</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='10' rowspan='1' style='width:534.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > (1) Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend </font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for earnings per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1278-109256<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=32703322&amp;loc=d3e4984-109258<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EarningsPerShareTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>133
<FILENAME>R95.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EFZAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Debt (Aggregate Maturity Of Debt Obligations) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2015</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">$ 0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2016</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2017</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2018</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2019</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">584</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt, Total</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebt[us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember]" onclick="toggleNextSibling(this);">584</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebt<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_CorporateDebtSecuritiesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember', window );">14% Surplus Notes Due 2033 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2015</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2016</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2017</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2018</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2019</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt, Total</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebt[us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember]" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebt<br>/ us-gaap_DebtInstrumentAxis<br>= mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=us-gaap_DebtMember', window );">Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2015</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2016</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2017</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2018</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">940</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2019</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">584</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt, Total</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebt[us-gaap_DebtInstrumentAxis=us-gaap_DebtMember]" onclick="toggleNextSibling(this);">$ 1,524</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebt<br>/ us-gaap_DebtInstrumentAxis<br>= us-gaap_DebtMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="3"></td>
      </tr>
      <tr>
        <td colspan="3">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 16<br><br> -Article 7<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.16)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 16<br><br> -Article 9<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 20, 22<br><br> -Article 5<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.16)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_FourteenPercentageSurplusNotesDueTwoThousandThirtyThreeMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=us-gaap_DebtMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=us-gaap_DebtMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>134
<FILENAME>R49.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Earnings Per Share (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock', window );">Schedule Of Basic And Diluted Earnings Per Share</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions except share and per share amounts</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Basic earnings per share:</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:center;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >569</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,234</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >553</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >245</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,202</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,171,503</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189,071,011</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,834,626</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:6.75pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per basic common share</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.94</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.30</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.36</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:264pt;text-align:left;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Diluted earnings per share:</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >569</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,234</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: mark-to-market gain (loss) on warrants</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >526</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >245</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,202</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,171,503</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189,071,011</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188,834,626</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effect of common stock equivalents:</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >  Stock options</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,104,247</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,241,902</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,062,395</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >  Warrants</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,622,877</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Diluted weighted average shares</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >190,898,627</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >190,312,913</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189,897,021</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per diluted common share</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.76</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.29</font></td><td style='width:15.75pt;text-align:right;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.33</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:258pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:258pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:72pt;text-align:left;border-color:Black;min-width:72pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='10' rowspan='1' style='width:534.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > (1) Includes 412,769, 629,896 and 506,714 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend </font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >equivalents for the years ended December 31, 2014, 2013 and 2012, respectively.</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule of Basic and Diluted Earnings Per Share [Table Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>R105.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EMTCK">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Segments (Summary Of Company's Segment Results) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices" onclick="toggleNextSibling(this);">$ 616</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices" onclick="toggleNextSibling(this);">$ 644</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices" onclick="toggleNextSibling(this);">$ 880</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" onclick="toggleNextSibling(this);">459</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" onclick="toggleNextSibling(this);">232</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax" onclick="toggleNextSibling(this);">1,464</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" onclick="toggleNextSibling(this);">(105)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">28</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies" onclick="toggleNextSibling(this);">101</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies" onclick="toggleNextSibling(this);">233</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies" onclick="toggleNextSibling(this);">134</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="nump"><a title="mbi_SegmentRevenue" onclick="toggleNextSibling(this);">1,270</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue" onclick="toggleNextSibling(this);">1,209</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue" onclick="toggleNextSibling(this);">2,435</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">133</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">117</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense" onclick="toggleNextSibling(this);">239</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense" onclick="toggleNextSibling(this);">384</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense" onclick="toggleNextSibling(this);">431</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">210</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">236</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense" onclick="toggleNextSibling(this);">284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpensesOfConsolidatedVies', window );">Expenses of consolidated VIEs</a></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="nump"><a title="mbi_SegmentExpense" onclick="toggleNextSibling(this);">629</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense" onclick="toggleNextSibling(this);">793</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense" onclick="toggleNextSibling(this);">837</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss" onclick="toggleNextSibling(this);">641</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss" onclick="toggleNextSibling(this);">416</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss" onclick="toggleNextSibling(this);">1,598</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">166</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit" onclick="toggleNextSibling(this);">364</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss" onclick="toggleNextSibling(this);">1,234</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">16,284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">16,953</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">21,724</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | U S Public Finance Insurance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">425</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">548</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">121</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherIncome[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">(29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">90</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">168</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">443</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">518</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">838</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
        <td class="num"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">105</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">66</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">124</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">96</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">124</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">106</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">267</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">269</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">337</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">251</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">569</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">82</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">188</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">222</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">169</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">381</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">5,887</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">6,056</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember]" onclick="toggleNextSibling(this);">6,887</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_USPublicFinanceInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | International And Structured Finance Insurance [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">189</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">148</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">243</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">458</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">229</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainLossOnDerivativeInstrumentsNetPretax[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">1,463</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">93</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">(45)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">105</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">237</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">71</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">45</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">819</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">716</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">1,871</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">143</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">72</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">108</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">147</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">109</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">112</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">132</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpensesOfConsolidatedVies', window );">Expenses of consolidated VIEs</a></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">47</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">50</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">64</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">136</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">208</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">435</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">418</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">575</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">384</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">298</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">1,296</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">134</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">101</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">432</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">250</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">864</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">10,086</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">11,687</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_StructuredFinanceAndInternationalInsuranceMember]" onclick="toggleNextSibling(this);">17,248</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_StructuredFinanceAndInternationalInsuranceMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | Corporate Operations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">68</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">55</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(158)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(60)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
        <td class="nump"><a title="us-gaap_OtherIncome[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherIncome[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherIncome<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(14)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">85</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">177</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">148</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">163</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">33</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">87</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">157</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">114</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">101</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">124</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">152</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">203</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">288</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">281</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(55)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(125)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(248)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(173)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(179)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">118</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(110)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">(69)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">2,846</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">2,641</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember]" onclick="toggleNextSibling(this);">2,721</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_CorporateOperationsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | Advisory Services [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
        <td class="num"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">34</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">23</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">46</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">59</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(25)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(19)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">793</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_AdvisoryServicesMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_AdvisoryServicesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | Conduit [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_RevenueOtherFinancialServices[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RevenueOtherFinancialServices<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
        <td class="nump"><a title="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_RevenuesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">63</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenuesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="num"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="num"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="num"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">61</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
        <td class="nump"><a title="us-gaap_SellingGeneralAndAdministrativeExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SellingGeneralAndAdministrativeExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
        <td class="nump"><a title="us-gaap_InterestExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InterestExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpensesOfConsolidatedVies', window );">Expenses of consolidated VIEs</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_ExpensesOfConsolidatedVies[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpensesOfConsolidatedVies<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">97</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">110</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(49)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(10)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(6)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(21)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">(32)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">177</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember;us-gaap_StatementBusinessSegmentsAxis=mbi_ConduitsMember]" onclick="toggleNextSibling(this);">694</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_OperatingSegmentsMember<br>/ us-gaap_StatementBusinessSegmentsAxis<br>= mbi_ConduitsMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember', window );">Intersegment Elimination [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_GainsLossesOnExtinguishmentOfDebt[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">38</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GainsLossesOnExtinguishmentOfDebt<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
        <td class="num"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(166)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="num"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(270)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="num"><a title="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(422)</a><span style="display:none;white-space:normal;text-align:left;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentRevenue', window );">Total revenues</a></td>
        <td class="num"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(166)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(232)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentRevenue[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(422)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentRevenue<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
        <td class="num"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(172)</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="num"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(272)</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="num"><a title="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(457)</a><span style="display:none;white-space:normal;text-align:left;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentExpense', window );">Total expenses</a></td>
        <td class="num"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(172)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(272)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_SegmentExpense[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(457)</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentExpense<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SegmentPretaxIncomeLoss', window );">Income (loss) before income taxes</a></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">40</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_SegmentPretaxIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">35</a><span style="display:none;white-space:normal;text-align:left;">mbi_SegmentPretaxIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="us-gaap_IncomeTaxExpenseBenefit[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">(59)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_IncomeTaxExpenseBenefit<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">27</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NetIncomeLoss[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">94</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NetIncomeLoss<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
        <td class="num"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">$ (3,328)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="num"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">$ (3,652)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
        <td class="num"><a title="us-gaap_Assets[us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember]" onclick="toggleNextSibling(this);">$ (5,870)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ us-gaap_ConsolidationItemsAxis<br>= us-gaap_IntersegmentEliminationMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[6]</sup></td>
      </tr>
      <tr>
        <td colspan="7"></td>
      </tr>
      <tr>
        <td colspan="7">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income and expense pertaining to intercompany receivables and payables and intercompany loans.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[3]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to  intercompany receivables and payables.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[4]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Represents the gain on the debt received as consideration in connection with the settlement with Bank of America.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[5]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[6]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Consists of intercompany reinsurance balances, repurchase agreements and loans.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Intersegmentexpenses in the consolidated group.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ExpensesOfConsolidatedVies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total expenses of all Variable Interest Entities consolidated by the reporting entity</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ExpensesOfConsolidatedVies</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Intersegment revenues in the consolidated group.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RevenuesOfConsolidatedVies">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total revenues of all Variable Interest Entities consolidated by the reporting entity</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_RevenuesOfConsolidatedVies</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SegmentExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of total expense for the reportable segments, including expense from external customers, transactions with other operating segments of the same entity, and (gross) interest expense. All considered to be "operating expense" for purposes of the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SegmentExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SegmentPretaxIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total pre-tax income (loss) for each reportable segment of the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SegmentPretaxIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SegmentRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of total revenue for the reportable segments, including revenue from external customers, transactions with other operating segments of the same entity, and (gross) interest revenue. All considered to be "operating revenue" for purposes of the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_SegmentRevenue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 12<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 18<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Assets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4A<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7476318&amp;loc=SL5618551-113959<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12317-112629<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 470<br><br> -SubTopic 50<br><br> -Section 40<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6850294&amp;loc=d3e12355-112629<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Income Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a),(b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of the cost of borrowed funds accounted for as interest expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 835<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.9)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 9<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InterestExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3602-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e565-108580<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 4<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8B<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=SL6284393-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.5)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 5<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueOtherFinancialServices">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fees and other service revenues recognized in the period that are not otherwise specified in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1(d))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RevenueOtherFinancialServices</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingInformationLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SegmentReportingInformationLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SellingGeneralAndAdministrativeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 4<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 330<br><br> -SubTopic 10<br><br> -Section 30<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386349&amp;loc=d3e3636-108311<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SellingGeneralAndAdministrativeExpense</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>136
<FILENAME>R41.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EWGAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Fair Value of Financial Instruments (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock', window );">Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:center;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:center;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:9pt;text-align:center;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,431</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 10% (2%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >379</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:left;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >735</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 35% (16%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  adjusted for financial guarantees provided</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >224</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 90% (59%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12% - 29% (25%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.3 - 3.2 (2.3)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS spreads</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 41% (19%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multi-sector CDO</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:9pt;text-align:right;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >53% - 53% (53%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model and Dual Default</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >42% - 45% (45%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >41% - 51% (50%)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0.2 - 7.9 (1.1)</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other derivative liabilities</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 24</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Cash flows</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$0 - $83 ($42)</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:12pt;' ><td colspan='6' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:151.5pt;text-align:left;border-color:Black;min-width:151.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:114.75pt;text-align:left;border-color:Black;min-width:114.75pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:87pt;text-align:center;border-color:Black;min-width:87pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2) - Midpoint of cash flows are used for the weighted average.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:center;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,612</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 17% (3%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >359</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >940</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 25% (12%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  adjusted for financial guarantees provided</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,050</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 90% (60%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8% - 57% (25%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.1-28.0 (3.3)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS spreads</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1% - 29% (13%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multi-sector CDO</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >57%-57% (57%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model and Dual Default</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >42%-90% (45%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13% - 54% (25%)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:111.75pt;text-align:left;border-color:Black;min-width:111.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:154.5pt;text-align:left;border-color:Black;min-width:154.5pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0.2 - 8.7 (2.3)</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='6' rowspan='1' style='width:339pt;text-align:left;border-color:Black;min-width:339pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:117.75pt;text-align:left;border-color:Black;min-width:117.75pt;' ></td><td style='width:12.75pt;text-align:left;border-color:Black;min-width:12.75pt;' ></td><td style='width:71.25pt;text-align:left;border-color:Black;min-width:71.25pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='11' rowspan='1' style='width:558pt;text-align:left;border-color:Black;min-width:558pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock', window );">Company's Assets And Liabilities Measured At Fair Value On Recurring Basis</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.75pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >573</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >691</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,724</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,732</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >221</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >290</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,048</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,058</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,162</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,162</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >156</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >241</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:174pt;text-align:left;border-color:Black;min-width:174pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >794</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,353</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >198</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,345</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >428</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >428</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >729</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >729</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equity securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:166.5pt;text-align:left;border-color:Black;min-width:166.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.75pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >194</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential loans receivable</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,431</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,431</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >379</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >379</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,087</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,510</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,097</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,613</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >244</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >246</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >248</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >167</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other </font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities held for sale:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for loans purchased</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,312</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >735</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,047</font></td></tr><tr style='height:10.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,344</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,200</font></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,463</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >397</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >156</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >553</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,765</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,784</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,776</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,824</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,173</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,173</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >92</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >130</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >58</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >188</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >509</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,248</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >239</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,996</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >783</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >783</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >51</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,161</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,161</font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(42)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:165pt;text-align:left;border-color:Black;min-width:165pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >41</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >89</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >255</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >259</font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >102</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >98</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >136</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >97</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >97</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,612</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,612</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >359</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >359</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,713</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,763</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,352</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(42)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,786</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,147</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,152</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >165</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,416</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,356</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;text-align:right;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency derivatives</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,645</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,301</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(165)</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,781</font></td></tr><tr style='height:14.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:46.5pt;' ></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock', window );">Fair Value Hierarchy Table Presents The Company's Assets And Liabilities Not Recorded At Fair Value On The Company's Consolidated Balance Sheet</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other Observable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued investment income</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Receivable for investments sold</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,632</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,632</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,757</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >138</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,636</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,774</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,899</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >705</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >705</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >547</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >801</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >801</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,004</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,172</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,172</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,810</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for investments purchased</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,779</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,779</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,757</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,214</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,285</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,499</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,160</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,051</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,051</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,959</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:right;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:47.25pt;text-align:left;border-color:Black;min-width:47.25pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Reported within &quot;Other assets&quot; on MBIA&#39;s consolidated balance sheets. </font></td></tr><tr style='height:9.75pt;' ><td colspan='18' rowspan='1' style='width:563.25pt;text-align:left;border-color:Black;min-width:563.25pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(2) - Reported within &quot;Other liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td></tr><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Other Observable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td></tr><tr style='height:9.75pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:center;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued investment income</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Receivable for investments sold</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net cash collateral pledged</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,651</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,651</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,801</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >103</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,655</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,782</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,933</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >814</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >814</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >700</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >927</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >927</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,224</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,412</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,412</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,702</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for investments purchased</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,751</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,751</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,930</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,443</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,492</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,935</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,587</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,843</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,843</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,388</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:193.5pt;text-align:left;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:right;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >76</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;border-color:Black;min-width:9pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:61.5pt;text-align:left;border-color:Black;min-width:61.5pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:6.75pt;text-align:left;border-color:Black;min-width:6.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Reported within &quot;Other assets&quot; on MBIA&#39;s consolidated balance sheets. </font></td></tr><tr style='height:9.75pt;' ><td colspan='17' rowspan='1' style='width:540pt;text-align:left;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(2) - Reported within &quot;Other liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock', window );">Changes In Level 3 Assets Measured At Fair Value On A Recurring Basis</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12.75pt;' ><td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2014</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:1.5pt;text-align:center;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Foreign governments</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >12</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(15)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(48)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed agency</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(8)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >37</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(29)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(14)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >82</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >28</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(15)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(41)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >36</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >87</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >58</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(12)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >52</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(27)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >85</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >46</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(52)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Perpetual debt and equity</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' > securities</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(13)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >25</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >55</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >22</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >54</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(26)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >26</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(9)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,612</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >39</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(220)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,431</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >39</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >359</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >379</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td></tr><tr style='height:9.75pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:1.5pt;text-align:left;border-color:Black;min-width:1.5pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,352</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >26</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(316)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(110)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >240</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(140)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,097</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >51</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:7.5pt;' ><td colspan='40' rowspan='1' style='width:551.25pt;text-align:center;border-color:Black;min-width:551.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2013</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:center;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:center;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Foreign governments</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(16)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >12</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >76</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >13</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(16)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(28)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed agency</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(19)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >28</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(19)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >12</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >61</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(17)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(30)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >82</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >26</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >47</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >58</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >103</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(13)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >42</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(109)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Perpetual debt and equity</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  securities</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >78</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(24)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >48</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(24)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >125</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(8)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(85)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(14)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >22</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >64</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(9)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(14)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >21</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >54</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,881</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >180</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(275)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(174)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,612</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >166</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;text-align:right;border-color:Black;min-width:21pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,086</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >172</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(899)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:21pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >359</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >172</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3,532</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(9)</font></td><td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >342</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >36</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >75</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,272)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(374)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >218</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(196)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,352</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >350</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock', window );">Changes In Level 3 Liabilities Measured At Fair Value On A Recurring Basis</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >203</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(26)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >197</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,147</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >415</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(903)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(415)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >244</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(20)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >30</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >24</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >940</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >46</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(211)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(43)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >735</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >42</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency derivatives,</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(11)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,301</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >445</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(848)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(32)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(626)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(43)</font><sup><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></sup></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,200</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr><tr style='height:9pt;' ><td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;border-color:Black;min-width:548.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2) - Primarily relates to the deconsolidation of VIEs. </font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:center;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:center;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:center;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:7.5pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2013</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >165</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >29</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >203</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >38</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,921</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,548</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,778)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,548)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,147</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >87</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Interest rate</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(18)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency </font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,932</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >180</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(277)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,076)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >181</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >940</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >92</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency derivatives,</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;text-align:left;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  net</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >21</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5,039</font></td><td style='width:3.75pt;text-align:right;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,548</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,577)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,825)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1,076)</font><sup><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></sup></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >185</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,301</font></td><td style='width:3pt;text-align:right;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >189</font></td></tr><tr style='height:12pt;' ><td style='width:63.75pt;text-align:left;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:26.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:23.25pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:22.5pt;' ></td><td style='width:3pt;text-align:left;border-color:Black;min-width:3pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr><tr style='height:9.75pt;' ><td colspan='40' rowspan='1' style='width:549pt;text-align:left;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2) - Primarily relates to the deconsolidation of VIEs.</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock', window );">Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Change in Unrealized Gains (Losses)</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for the Period Included in Earnings</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Gains (Losses)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for Assets and Liabilities still</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Included in Earnings</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >held as of December 31, </font></td></tr><tr style='height:4.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2012</font></td></tr><tr style='height:3pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Revenues:</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   insured derivatives</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >903</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,778</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,869</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(87)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >927</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gains (losses) and other</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   settlements on insured derivatives</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(445)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,548)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(407)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to </font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(68)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs:</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:center;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   Net gains (losses) on financial instruments </font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;text-align:left;border-color:Black;min-width:45.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >      at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >160</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(376)</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >260</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(271)</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:3.75pt;text-align:left;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >444</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >353</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,031</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >161</font></td><td style='width:3.75pt;text-align:center;border-color:Black;min-width:3.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >650</font></td></tr></table></div><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock', window );">Changes In Fair Value Included In The Company's Consolidated Statements Of Operations</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:27.75pt;' ></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:41.25pt;text-align:center;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investments carried at fair value</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 8</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 10</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity securities held at fair value-VIE</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (104)</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (74)</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (55)</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:left;border-color:Black;min-width:56.25pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (182)</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (107)</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (107)</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:176.25pt;text-align:left;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 10</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 13</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (56)</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loan repurchase commitments</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 20</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 172</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 9</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Medium-term notes</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 6</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 38</font></td><td style='width:27.75pt;text-align:left;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > -</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Variable interest entity notes </font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;border-color:Black;min-width:18.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >269</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >155</font></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='3' rowspan='1' style='width:210pt;text-align:left;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >___________</font></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ></td><td style='width:27.75pt;text-align:right;border-color:Black;min-width:27.75pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:56.25pt;text-align:right;border-color:Black;min-width:56.25pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr></table></div><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock', window );">Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2014</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2013</font></td></tr><tr style='height:9.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,554</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,377</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >177</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,846</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,562</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >284</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans (90 days or more past due)</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >227</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >173</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >231</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >50</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >181</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other loans</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >721</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total loans receivable at fair value</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,502</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,142</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >360</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,077</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,612</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >465</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,584</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,479</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,105</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,787</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,356</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,431</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;border-color:Black;min-width:10.5pt;' ></td><td style='width:219pt;text-align:left;border-color:Black;min-width:219pt;' ></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >242</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >197</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45</font></td><td style='width:12pt;text-align:right;border-color:Black;min-width:12pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >276</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:7.5pt;text-align:right;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Difference Between The Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding For Loans And Long Term Debt For Which Fair Value Option Has Been Elected [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (a,b,bb)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2C<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=SL7498348-110258<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19279-110258<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19190-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (bbb)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1),(d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19279-110258<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19279-110258<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 820<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=25499696&amp;loc=d3e19207-110258<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the application of the fair value option for measurement and reporting of eligible financial assets and liabilities (as defined), as well as certain other eligible items (as defined) included in the statement of financial position, whether such option is elected for a single eligible item or a group of similar eligible items and is in addition to other disclosures concerning fair value which the company may be required to provide.  Such disclosure might be expected to include: (1) for items included in the statement of financial position: (a) for each line item in the statement of financial position that includes an item or items for which the fair value option has been elected, provide the aggregate carrying amount of ineligible items included in each line item in the balance sheet, if any; (b) the difference between the aggregate fair value and the aggregate unpaid principal balance (assuming contractual principal amounts and fair value option elected) of: (i) loans and long-term receivables (other than securities otherwise reported at fair value) and (ii) long-term debt instruments; (c) for loans held as assets for which the fair value option has been elected: (i) the aggregate fair value of loans that are 90 days or more past due, (ii) if the policy is to recognize interest income separately from other changes in fair value, the aggregate fair value of loans in nonaccrual status, and (iii) the difference between the aggregate fair value and the aggregate unpaid principal balance for loans that are 90 days or more past due, in nonaccrual status, or both; (2) for items included in the income statement: (a) the amounts of gains and losses from fair value changes included in earnings and in which line in the income statement those gains and losses are reported whether or not combined with gains and losses from items required to be accounted for at fair value; (b) for loans and other receivables held as assets, the estimated amount of gains or losses included in earnings attributable to changes in instrument-specific credit risk; (c) for liabilities with fair values that have been significantly affected during the reporting period by changes in the instrument-specific credit risk, the estimated amount of gains and losses from fair value changes included in earnings that are attributable to changes in the instrument-specific credit risk; and (3) certain other disclosures as required or determined to be provided.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14172-108612<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 32<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14217-108612<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 28<br><br> -Subparagraph (c)(2),(d),(e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 30<br><br> -Subparagraph (a),(c)(1),(d)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14172-108612<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13467-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>137
<FILENAME>R107.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EGXAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Insurance in Force (Narrative) (Detail) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates', window );">Transactions guaranteed by MBIA on behalf of various investment management service affiliates</a></td>
        <td class="nump"><a title="mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" onclick="toggleNextSibling(this);">$ 2,600,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates</span><span></span></td>
        <td class="nump"><a title="mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" onclick="toggleNextSibling(this);">$ 3,500,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLowerRemainingMaturityRange1', window );">Guarantees of derivative contracts, maturity range, minimum (Years)</a></td>
        <td class="text">1 year 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeHigherRemainingMaturityRange1', window );">Guarantees of derivative contracts, maturity range, maximum (Years)</a></td>
        <td class="text">68 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative Liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">246,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">1,200,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount', window );">Amount available under these letters of credit and trust arrangements</a></td>
        <td class="nump"><a title="mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount" onclick="toggleNextSibling(this);">34,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers', window );">Aggregate amount of insurance in force ceded to reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" onclick="toggleNextSibling(this);">11,100,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers</span><span></span></td>
        <td class="nump"><a title="mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" onclick="toggleNextSibling(this);">12,700,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate amount of insured par outstanding ceded to reinsurers</a></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" onclick="toggleNextSibling(this);">6,087,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</span><span></span></td>
        <td class="nump"><a title="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" onclick="toggleNextSibling(this);">7,100,000,000</a><span style="display:none;white-space:normal;text-align:left;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceRecoveries', window );">Recoveries received on claims for financial guarantee policies under reinsurance contracts</a></td>
        <td class="num"><a title="us-gaap_InsuranceRecoveries" onclick="toggleNextSibling(this);">(5,000,000)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InsuranceRecoveries</span><span></span></td>
        <td class="nump"><a title="us-gaap_InsuranceRecoveries" onclick="toggleNextSibling(this);">4,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InsuranceRecoveries</span><span></span></td>
        <td class="nump"><a title="us-gaap_InsuranceRecoveries" onclick="toggleNextSibling(this);">4,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_InsuranceRecoveries</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FeesAndCommissionsOther', window );">Ceding commissions from reinsurance</a></td>
        <td class="nump"><a title="us-gaap_FeesAndCommissionsOther" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FeesAndCommissionsOther</span><span></span></td>
        <td class="nump"><a title="us-gaap_FeesAndCommissionsOther" onclick="toggleNextSibling(this);">2,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FeesAndCommissionsOther</span><span></span></td>
        <td class="nump"><a title="us-gaap_FeesAndCommissionsOther" onclick="toggleNextSibling(this);">3,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FeesAndCommissionsOther</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GuaranteesOfDerivativeContractsMember', window );">Guarantees Of Derivative Contracts [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsMaximumExposure', window );">Guarantee Obligations Maximum Exposure</a></td>
        <td class="nump"><a title="us-gaap_GuaranteeObligationsMaximumExposure[us-gaap_GuaranteeObligationsByNatureAxis=mbi_GuaranteesOfDerivativeContractsMember]" onclick="toggleNextSibling(this);">$ 10,100,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_GuaranteeObligationsMaximumExposure<br>/ us-gaap_GuaranteeObligationsByNatureAxis<br>= mbi_GuaranteesOfDerivativeContractsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceInForceExpectedMaturityRangeYears', window );">Insurance in force, expected maturity range, years</a></td>
        <td class="text">1 year 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member] | Investment Agreement Contracts and MTNs [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FutureGuaranteePaymentsMaturityRange', window );">Future guarantee payments, maturity range, (years)</a></td>
        <td class="text">1 year 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceInForceExpectedMaturityRangeYears', window );">Insurance in force, expected maturity range, years</a></td>
        <td class="text">43 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member] | Investment Agreement Contracts and MTNs [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FutureGuaranteePaymentsMaturityRange', window );">Future guarantee payments, maturity range, (years)</a></td>
        <td class="text">27 years 0 months 0 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate Amount Of Insurance In Force Outstanding Ceded To Reinsurers</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate amount of insured par outstanding ceded to reinsurers.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FutureGuaranteePaymentsMaturityRange">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Future Guarantee Payments Maturity Range</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FutureGuaranteePaymentsMaturityRange</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceInForceExpectedMaturityRangeYears">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Insurance in force, expected maturity range</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceInForceExpectedMaturityRangeYears</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Reinsurance Recoverables Secured By Letters Of Credit Amount</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditAmount</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Transactions guaranteed on behalf of various affiliates</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeHigherRemainingMaturityRange1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>High end period remaining until maturity for the derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeHigherRemainingMaturityRange1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41228-113958<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13495-108611<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41271-113958<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226008-175313<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLowerRemainingMaturityRange1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Low end period remaining until maturity of derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLowerRemainingMaturityRange1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FeesAndCommissionsOther">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fee and commission revenue earned from sources not otherwise specified in the existing taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.13)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 13<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FeesAndCommissionsOther</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GuaranteeObligationsLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsMaximumExposure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 460<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6851643&amp;loc=d3e12069-110248<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GuaranteeObligationsMaximumExposure</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount recovered from insurance. These recoveries reduce costs and losses that are reported as a separate line item under operating expenses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26872669&amp;loc=d3e20235-122688<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InsuranceRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GuaranteesOfDerivativeContractsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GuaranteesOfDerivativeContractsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MaximumMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MaximumMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>138
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EZJAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Consolidated Statements Of Operations (Parenthetical) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsEarned', window );">Ceded premiums earned</a></td>
        <td class="nump"><a title="us-gaap_CededPremiumsEarned" onclick="toggleNextSibling(this);">$ 12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned</span><span></span></td>
        <td class="nump"><a title="us-gaap_CededPremiumsEarned" onclick="toggleNextSibling(this);">$ 10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned</span><span></span></td>
        <td class="nump"><a title="us-gaap_CededPremiumsEarned" onclick="toggleNextSibling(this);">$ 14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member] | Financial Guarantee Insurance Segment [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsEarned', window );">Ceded premiums earned</a></td>
        <td class="nump"><a title="us-gaap_CededPremiumsEarned[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis=us-gaap_FinancialGuaranteeInsuranceSegmentMember]" onclick="toggleNextSibling(this);">$ 12</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis<br>= us-gaap_FinancialGuaranteeInsuranceSegmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CededPremiumsEarned[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis=us-gaap_FinancialGuaranteeInsuranceSegmentMember]" onclick="toggleNextSibling(this);">$ 10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis<br>= us-gaap_FinancialGuaranteeInsuranceSegmentMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CededPremiumsEarned[dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember;us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis=us-gaap_FinancialGuaranteeInsuranceSegmentMember]" onclick="toggleNextSibling(this);">$ 14</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CededPremiumsEarned<br>/ dei_LegalEntityAxis<br>= us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember<br>/ us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentAxis<br>= us-gaap_FinancialGuaranteeInsuranceSegmentMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededPremiumsEarned">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of earned premiums ceded to other entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 17<br><br> -Article 12<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.12-17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6588446&amp;loc=d3e574992-122915<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b),(c)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 1<br><br> -Article 7<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 605<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6486662&amp;loc=d3e27175-158546<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CededPremiumsEarned</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>139
<FILENAME>R88.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EHJAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsAbstract', window );"><strong>Investments [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds', window );">Proceeds from sales</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" onclick="toggleNextSibling(this);">$ 757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" onclick="toggleNextSibling(this);">$ 1,726</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" onclick="toggleNextSibling(this);">$ 4,658</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract', window );"><strong>Available For Sale Securities Realized Gain Loss [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains', window );">Gross realized gains</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" onclick="toggleNextSibling(this);">66</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGains</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" onclick="toggleNextSibling(this);">57</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGains</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" onclick="toggleNextSibling(this);">196</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGains</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses', window );">Gross realized losses</a></td>
        <td class="num"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" onclick="toggleNextSibling(this);">$ (15)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses</span><span></span></td>
        <td class="num"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" onclick="toggleNextSibling(this);">$ (29)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses</span><span></span></td>
        <td class="num"><a title="us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" onclick="toggleNextSibling(this);">$ (127)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the gross profit realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGains</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total amount of proceeds received for the sale of securities, categorized neither as held-to-maturity nor trading securities, during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the gross loss realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27357-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_InvestmentsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>140
<FILENAME>R10.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Developments and Risks and Uncertainties<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NatureOfOperations', window );">Business Developments and Risks and Uncertainties</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 1: Business Developments and Risks and Uncertainties</font></p><p style='text-align:left;margin-top:13pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Summary</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc., together with its consolidated subsidiaries, (collectively, &#8220;MBIA&#8221; or the &#8220;Company&#8221;) operates one of the largest financial guarantee insurance businesses in the industry and was a provider of asset management and advisory </font><font style='font-family:Times New Roman;font-size:10pt;' >services. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA manages five operating segments: 1) United States (&#8220;U.S.&#8221;) public finance insurance; 2) international and structured finance insurance; 3) corporate; 4) advisory services; and 5) conduit.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s U.S. public finance insurance business </font><font style='font-family:Times New Roman;font-size:10pt;' >is primarily operated through National Public Finance Guarantee Corporation and its subsidi</font><font style='font-family:Times New Roman;font-size:10pt;' >aries (&#8220;National&#8221;), its international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&#8220;MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp.&#8221;), and its asset management and advisory services business was operated through Cutwater Holdings, LLC and its subsidiaries (&#8220;Cutwater&#8221;). Unless otherwise indicated or the context otherwise requires, references to &#8220;MBIA Corp.&#8221; are to MBIA Insurance C</font><font style='font-family:Times New Roman;font-size:10pt;' >orporation, together with its subsidiaries, MBIA UK Insurance Limited (&#8220;MBIA UK&#8221;) and MBIA Mexico S.A. de C.V. MBIA Inc. and certain of its subsidiaries also manage certain other business activities, the results of which are reported in the corporate and c</font><font style='font-family:Times New Roman;font-size:10pt;' >onduit segments. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During the second quarter of 2014, the Company dissolved its conduit segment. During the fourth quarter of 2014, the Company changed the name of its structured finance and international insurance operating segment to international and str</font><font style='font-family:Times New Roman;font-size:10pt;' >uctured finance insurance. Also during </font><font style='font-family:Times New Roman;font-size:10pt;' >the fourth quarter of 2014, the Company entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction, which was effective January 1, 2015, had a positive but </font><font style='font-family:Times New Roman;font-size:10pt;' >immaterial impact on the Company&#8217;s financial position and results of operations. </font><font style='font-family:Times New Roman;font-size:10pt;' >Effective in the fourth quarter of 2014, the Company&#8217;s previously reported asset/liability products segment and its corporate segment are managed and reported as one operating</font><font style='font-family:Times New Roman;font-size:10pt;' > segment referred to as the corporate segment. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 12: Business Segments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for further information about the Company&#8217;s operating segments.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Business Developments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >National Ratings and New Business Opportunities</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National&#8217;s ability to write new business and compete</font><font style='font-family:Times New Roman;font-size:10pt;' > with other financial guarantors is largely dependent on the financial strength ratings assigned to National by major rating agencies. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, National was rated </font><font style='font-family:Times New Roman;font-size:10pt;' >AA+ with a stable outlook by Kroll Bond Rating Agency, AA</font><font style='font-family:Times New Roman;font-size:10pt;' >- with a stable o</font><font style='font-family:Times New Roman;font-size:10pt;' >utlook</font><font style='font-family:Times New Roman;font-size:10pt;' > by </font><font style='font-family:Times New Roman;font-size:10pt;' >Standard&#160;&amp; Poor&#8217;s Financial Services LLC (&#8220;S&amp;P&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, and A3 with a negative outlook by </font><font style='font-family:Times New Roman;font-size:10pt;' >Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National seeks to generate shareholder value through appropriate risk adjusted pricing; however, current market cond</font><font style='font-family:Times New Roman;font-size:10pt;' >itions and the competitive landscape may limit National&#8217;s new business opportunities and its abilities to price and underwrite risk with attractive returns.&#160;Refer to &#8220;Risks and Uncertainties&#8221; below for a discussion of business risks related to National&#8217;s i</font><font style='font-family:Times New Roman;font-size:10pt;' >nsured portfolio.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Corp. Risk Reductions</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company continued to focus on the collection of excess spread and put-back recoveries and the mitigation of MBIA Corp.&#8217;s high risk insurance exposures, primarily through commutations of insur</font><font style='font-family:Times New Roman;font-size:10pt;' >ance policies. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Corp. commuted $</font><font style='font-family:Times New Roman;font-size:10pt;' >7.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of gross par exposure, primarily comprising structured commercial mortgage-backed securities (&#8220;CMBS&#8221;) pools, investment grade corporate collateralized debt obligations (&#8220;CDOs</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;), small business securitizations, commercial real estate (&#8220;CRE&#8221;) CDOs and asset-backed securities (&#8220;ABS&#8221;) CDOs. </font><font style='font-family:Times New Roman;font-size:10pt;' >During 2013, MBIA Corp. commuted $</font><font style='font-family:Times New Roman;font-size:10pt;' >20.0 </font><font style='font-family:Times New Roman;font-size:10pt;' >billion of gross par exposure, including $</font><font style='font-family:Times New Roman;font-size:10pt;' >7.4</font><font style='font-family:Times New Roman;font-size:10pt;' > billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >4.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion commuted with Bank of America an</font><font style='font-family:Times New Roman;font-size:10pt;' >d Societe Generale, respectively, primarily comprising structured CMBS pools, investment grade CDOs, ABS CDOs, first-lien residential mortgage-backed securities (&#8220;RMBS&#8221;), high yield corporate CDOs, CRE CDOs and structured insurance securities. During 2012,</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA Corp. commuted $</font><font style='font-family:Times New Roman;font-size:10pt;' >13.4</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of gross par exposure, primarily comprising structured CMBS pools, CRE CDOs, investment grade CDOs, ABS CDOs, and subprime RMBS transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. may make negotiated settlement payments to counterparties and/or for</font><font style='font-family:Times New Roman;font-size:10pt;' >ego its right to all or some termination premiums when it commutes insurance exposures. The difference between the fair values of the Company&#8217;s derivative liabilities for the commuted policies and the aggregate cost of the commutation is reflected in earni</font><font style='font-family:Times New Roman;font-size:10pt;' >ngs. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Held For Sale Classifications</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Armonk, New York Facility</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In the fourth quarter of 2013, the Company approved and initiated a plan to sell its Armonk, New York facility and, since then, has actively marketed the facility for sale. As a result, the facility was classified as held for sale as of December 31, 2014 a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd 2013 and presented within &#8220;Assets held for sale&#8221; on the Company&#8217;s consolidated balance sheets and measured at the lower of its carrying value or fair value less cost to sell. The Company no longer recognizes depreciation expense on the facility while cl</font><font style='font-family:Times New Roman;font-size:10pt;' >assified as held for sale. During 2014 and 2013, the Company recorded impairment charges of $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >29</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, on the Armonk, New York facility to adjust the carrying amount to its estimated fair market value less costs to sell. The </font><font style='font-family:Times New Roman;font-size:10pt;' >fair market value was estimated based on an independent third-party appraisal. The impairment charges were reflected in the results of the Company&#8217;s U.S. public finance insurance segment and included in &#8220;Other net realized gains (losses)&#8221; on the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated statements of operations. Also, during 2014, the Company moved its headquarters from its Armonk, New York facility to a leased facility in Purchase, New York. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Sale of </font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' >Cutwater Business</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As a</font><font style='font-family:Times New Roman;font-size:10pt;' > result of the agreement to sell Cutwater, the assets and liabilities of Cutwater were classified as held for sale as of December 31, 2014 and presented within &#8220;Assets held for sale&#8221; and &#8220;Liabilities held for sale&#8221; on the Company&#8217;s consolidated balance she</font><font style='font-family:Times New Roman;font-size:10pt;' >et and measured at the lower of its carrying value or fair value less cost to sell.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Assets and Liabilities Held for Sale by Major Category</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table summarizes the components of assets and liabilities held for sale as of December 31, 2014 and 2</font><font style='font-family:Times New Roman;font-size:10pt;' >013:</font></p><p style='text-align:left;line-height:12pt;' ></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:68.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments carried at fair value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated variable interest entities:</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total assets held for sale</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >802</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities </font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated variable interest entities:</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:left;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for loans purchased</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total liabilities held for sale</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >772</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Risks and Uncertainties</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s financial statements inc</font><font style='font-family:Times New Roman;font-size:10pt;' >lude estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > to revise its estimates and assumptions or could cause actual results to differ from the Company&#8217;s estimates. While the Company believes it continues to have sufficient capital and liquidity to meet all of its expected obligations, if one or more possible</font><font style='font-family:Times New Roman;font-size:10pt;' > adverse outcomes were to be realized, its financial position, results of operations and cash flows, and its insurance companies&#8217; statutory capital, could be materially and adversely affected. The discussion below highlights the significant risks and uncer</font><font style='font-family:Times New Roman;font-size:10pt;' >tainties that could have a material effect on the Company&#8217;s financial statements and business objectives in future periods.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >U.S. Public Finance Market Conditions</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National&#8217;s insured portfolio continued to perform satisfactorily against a backdrop of stren</font><font style='font-family:Times New Roman;font-size:10pt;' >gthening domestic economic activity. While this trend will generally benefit tax revenues and fees charged for essential municipal services which secure National&#8217;s insured bond portfolio, some state and local governments and territory obligors National ins</font><font style='font-family:Times New Roman;font-size:10pt;' >ures remain under financial and budgetary stress. In addition, a few of these local governments have filed for protection under Chapter 9 of the United States Bankruptcy Code or have entered into state statutory proceedings established to assist municipali</font><font style='font-family:Times New Roman;font-size:10pt;' >ties in managing through periods of severe fiscal stress. This could lead to an increase in defaults by such entities on the payment of their obligations and losses or impairments on a greater number of the Company&#8217;s insured transactions. The Company monit</font><font style='font-family:Times New Roman;font-size:10pt;' >ors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress is uncertain.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Corp. Recoveri</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >es and Insured Portfolio </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The amount and timing of projected collections from excess spread from sec</font><font style='font-family:Times New Roman;font-size:10pt;' >ond-lien RMBS and the put-back recoverable from Credit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing Inc. (collectively, &#8220;Credit Suisse&#8221;) and the potential of claims from MBIA Corp.&#8217;s remaining insured exposures ar</font><font style='font-family:Times New Roman;font-size:10pt;' >e uncertain. Further, the remaining insured portfolio, aside from these exposures, could deteriorate and result in additional significant loss reserves and claim payments. Management&#8217;s expected liquidity and capital forecasts for MBIA Corp., which include </font><font style='font-family:Times New Roman;font-size:10pt;' >expected put-back recoveries from Credit Suisse</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and excess spread recoveries, reflect adequate resources to pay claims when due. However, if MBIA Corp. experiences higher than expected claim payments or is unable to terminate the remaining exposures that r</font><font style='font-family:Times New Roman;font-size:10pt;' >epresent substantial risk to the Company, MBIA Corp. may ultimately have insufficient resources to continue to pay claims, which could cause the New York State Department of Financial Services (&#8220;NYSDFS&#8221;) to put MBIA Insurance Corporation, exclusive of MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK, into a rehabilitation or liquidation proceeding. The Company does </font><font style='font-family:Times New Roman;font-size:10pt;' >not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by NYSDFS would have any significant long-term liquidity impact on MBIA Inc. or result in a liq</font><font style='font-family:Times New Roman;font-size:10pt;' >uidation or similar proceeding of MBIA UK.</font><font style='font-family:Times New Roman;font-size:10pt;' > Such a proceeding could have material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (&#8220;CDS&#8221;) contracts for which counterparties may assert market-based claims, the a</font><font style='font-family:Times New Roman;font-size:10pt;' >cceleration of debt obligations issued by affiliates and insured by MBIA Corp., the loss of control of MBIA Insurance Corporation to a rehabilitator or liquidator, and unplanned costs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for information about MBIA Corp.&#8217;s loss reserves</font><font style='font-family:Times New Roman;font-size:10pt;' > and recoveries. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Corporate Liquidity </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and 2013, the liquidity position, which comprise cash and liquid assets available for general liquidity purposes, of the Company&#8217;s corporate segment was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >498</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >359</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >220</font><font style='font-family:Times New Roman;font-size:10pt;' > million was released to MBIA Inc. under the MBIA group&#8217;s tax sharing agreement (the &#8220;Tax Escrow Account&#8221;) and National declared and paid a dividend of $220 million to its ultimate parent</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. Subsequent to December 31, 2014, an additional $</font><font style='font-family:Times New Roman;font-size:10pt;' >228</font><font style='font-family:Times New Roman;font-size:10pt;' > million was released to MBIA Inc. from the Tax Escrow Account. While MBIA Inc.&#8217;s liquidity position improved during </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > due to the Tax Escrow Account release and dividends received, MBIA I</font><font style='font-family:Times New Roman;font-size:10pt;' >nc. continues to have liquidity risk. If invested asset performance deteriorates or the flow of dividends from subsidiaries is interrupted and/or access to the capital markets is impaired, its liquidity position could be eroded over time. While the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > expects that MBIA Inc. will generate sufficient cash to satisfy its debt obligations and its general corporate needs over time from distributions from its operating subsidiaries and payments under the Tax Escrow Account once the payments become unrestrict</font><font style='font-family:Times New Roman;font-size:10pt;' >ed, there can be no assurance that such sources will generate sufficient cash. In addition, a failure by MBIA Inc. to settle liabilities that are also insured by MBIA Corp. could result in claims on MBIA Corp.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NatureOfOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6003-108592<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NatureOfOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>141
<FILENAME>R58.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EOMAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsAbstract', window );"><strong>Insurance Premiums [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ended, March 31, 2015, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">$ 20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate', window );">Three months ended, June 30, 2015, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ended, September 30, 2015, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ended, December 31, 2015, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2016, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">91</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2017, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">83</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2018, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">73</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ended, December 31, 2019, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">68</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate', window );">Five years ended, December 31, 2024, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">282</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate', window );">Five years ended, December 31, 2029, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" onclick="toggleNextSibling(this);">204</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate', window );">Five years ended, December 31, 2034 and thereafter, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate" onclick="toggleNextSibling(this);">213</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected', window );">Total, Expected Collection of Premiums</a></td>
        <td class="nump"><a title="us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" onclick="toggleNextSibling(this);">$ 1,111</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For financial guarantee insurance contracts, the aggregate amount of premium related to the premium receivable which is expected to be collected during the twenty first year and thereafter following the statement of financial position reporting date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsurancePremiumsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the next fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the fourth fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the second fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the third fiscal quarter following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the eleventh through the fifteenth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the sixth through the tenth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the fifth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the second fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the fourth fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the third fiscal year following the latest fiscal year.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 310<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (b)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of premium receivables under financial guarantee insurance contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>142
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ESLAK">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" onclick="toggleNextSibling(this);">$ 851</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" onclick="toggleNextSibling(this);">$ 2,978</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments" onclick="toggleNextSibling(this);">(128)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" onclick="toggleNextSibling(this);">1,220</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" onclick="toggleNextSibling(this);">479</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" onclick="toggleNextSibling(this);">(145)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments" onclick="toggleNextSibling(this);">(101)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">2,071</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">3,457</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" onclick="toggleNextSibling(this);">(147)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments" onclick="toggleNextSibling(this);">(229)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</span><span></span></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" onclick="toggleNextSibling(this);">373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" onclick="toggleNextSibling(this);">1,244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</span><span></span></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" onclick="toggleNextSibling(this);">1,244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total held-to-maturity, unrealized losses</a></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</span><span></span></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">373</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">1,244</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total held-to-maturity, unrealized losses</a></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(202)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="num"><a title="mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">(181)</a><span style="display:none;white-space:normal;text-align:left;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_PerpetualDebtAndEquitySecuritiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">845</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">2,973</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(2)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(128)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,220</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">479</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(145)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(101)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">2,065</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">3,452</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(147)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(229)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">197</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">269</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">175</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">372</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">270</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(9)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USTreasuryAndGovernmentMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | US States And Political Subdivisions [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">60</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,112</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(65)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">257</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">317</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1,161</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(73)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_USStatesAndPoliticalSubdivisionsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Foreign Government Debt [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">20</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_ForeignGovernmentDebtMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">468</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">788</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(30)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">251</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">82</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(91)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">719</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">870</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(92)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(38)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CorporateDebtSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">713</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(23)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">387</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">144</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(8)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">403</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">857</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(31)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">39</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(4)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(5)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_ResidentialMortgageBackedNonAgencyMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">10</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(1)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CommercialMortgageBackedSecuritiesMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Collateralized Debt Obligations [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">81</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">124</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(21)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(57)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">82</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">130</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(21)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(57)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= us-gaap_CollateralizedDebtObligationsMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Other Asset Backed [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments', window );">Less than 12 months, unrealized losses</a></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">44</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">57</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments', window );">12 months or longer, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(12)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">(15)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">113</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">78</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments', window );">Total available-for-sale, unrealized losses</a></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">$ (12)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
        <td class="num"><a title="mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments[invest_InvestmentAxis=mbi_OtherAssetBackedMember;us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember]" onclick="toggleNextSibling(this);">$ (15)</a><span style="display:none;white-space:normal;text-align:left;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments<br>/ invest_InvestmentAxis<br>= mbi_OtherAssetBackedMember<br>/ us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis<br>= us-gaap_FixedMaturitiesMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized loss on investments classified as available-for-sale that have been in a loss position fortwelve months or longer impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated pre-tax unrealized loss on investments classified as available-for-sale that have been in a loss position for less than twelve months impacting investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the excess of amortized cost basis over fair value of securities that have been in a loss position twelve months or longer for those securities which are categorized as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the excess of amortized cost over fair value of securities in a loss position and which are categorized as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the excess of amortized cost basis over fair value of securities that have been in a loss position for less than twelve months for those securities which are categorized as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for less than twelve months.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27337-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for twelve months or longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27337-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the fair value of securities categorized as held-to-maturity which are in an unrealized loss position.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the fair value of securities categorized as held-to-maturity that have been in a continuous unrealized loss position for less than twelve months.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27337-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the fair value of securities categorized as held-to-maturity securities that have been in a continuous unrealized loss position for twelve months or longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27337-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -Subparagraph (a)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27290-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentAxis=us-gaap_FixedMaturitiesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>143
<FILENAME>R106.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ES1AG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" onclick="toggleNextSibling(this);">$ 416</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" onclick="toggleNextSibling(this);">$ 494</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" onclick="toggleNextSibling(this);">$ 661</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_US', window );">United States [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">299</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">391</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=country_US]" onclick="toggleNextSibling(this);">530</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= country_US</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_GB', window );">United Kingdom [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=country_GB]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= country_GB</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=country_GB]" onclick="toggleNextSibling(this);">34</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= country_GB</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=country_GB]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= country_GB</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember', window );">Europe Excluding United Kingdom [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember]" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_EuropeExcludingUnitedKingdomMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_EuropeExcludingUnitedKingdomMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_EuropeExcludingUnitedKingdomMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember', window );">Internationally Diversified [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">9</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember]" onclick="toggleNextSibling(this);">16</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_InternationallyDiversifiedMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_CentralAndSouthAmericaMember', window );">Central And South America [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_CentralAndSouthAmericaMember]" onclick="toggleNextSibling(this);">49</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CentralAndSouthAmericaMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_CentralAndSouthAmericaMember]" onclick="toggleNextSibling(this);">36</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CentralAndSouthAmericaMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_CentralAndSouthAmericaMember]" onclick="toggleNextSibling(this);">48</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_CentralAndSouthAmericaMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember', window );">Asia [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= us-gaap_AsiaMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= us-gaap_AsiaMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= us-gaap_AsiaMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember', window );">Other [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember]" onclick="toggleNextSibling(this);">$ 12</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherLocationsMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember]" onclick="toggleNextSibling(this);">$ 9</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherLocationsMember</span><span></span></td>
        <td class="nump"><a title="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives[us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember]" onclick="toggleNextSibling(this);">$ 11</a><span style="display:none;white-space:normal;text-align:left;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives<br>/ us-gaap_StatementGeographicalAxis<br>= mbi_OtherLocationsMember</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingInformationLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SegmentReportingInformationLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_GB">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_GB</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_US">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_US</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_CentralAndSouthAmericaMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_CentralAndSouthAmericaMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>144
<FILENAME>R69.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E3LAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="4">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems', window );"><strong>Loss And Loss Adjustment Expense Recoveries [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses', window );">Gross Reserve beginning balance, Total</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" onclick="toggleNextSibling(this);">$ 900</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" onclick="toggleNextSibling(this);">$ 3,980</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CollectionsForCasesWithRecoveries', window );">Collections for Cases with Recoveries</a></td>
        <td class="num"><a title="mbi_CollectionsForCasesWithRecoveries" onclick="toggleNextSibling(this);">(108)</a><span style="display:none;white-space:normal;text-align:left;">mbi_CollectionsForCasesWithRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_CollectionsForCasesWithRecoveries" onclick="toggleNextSibling(this);">(3,011)</a><span style="display:none;white-space:normal;text-align:left;">mbi_CollectionsForCasesWithRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries', window );">Accretion of Recoveries</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" onclick="toggleNextSibling(this);">17</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" onclick="toggleNextSibling(this);">25</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate', window );">Changes in Discount Rates</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" onclick="toggleNextSibling(this);">33</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" onclick="toggleNextSibling(this);">(71)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions', window );">Changes in Assumptions</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" onclick="toggleNextSibling(this);">(156)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" onclick="toggleNextSibling(this);">35</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries', window );">Changes in LAE Recoveries</a></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" onclick="toggleNextSibling(this);">(41)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther', window );">Other</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses', window );">Gross Reserve ending balance, Total</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" onclick="toggleNextSibling(this);">680</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" onclick="toggleNextSibling(this);">900</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems', window );"><strong>Loss And Loss Adjustment Expense Recoveries [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Gross Reserve beginning balance, Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">694</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">3,648</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CollectionsForCasesWithRecoveries', window );">Collections for Cases with Recoveries</a></td>
        <td class="num"><a title="mbi_CollectionsForCasesWithRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(108)</a><span style="display:none;white-space:normal;text-align:left;">mbi_CollectionsForCasesWithRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_CollectionsForCasesWithRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(3,011)</a><span style="display:none;white-space:normal;text-align:left;">mbi_CollectionsForCasesWithRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries', window );">Accretion of Recoveries</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">13</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">19</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate', window );">Changes in Discount Rates</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">18</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(33)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions', window );">Changes in Assumptions</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(77)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">126</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries', window );">Changes in LAE Recoveries</a></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(38)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther', window );">Other</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(7)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">(17)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Gross Reserve ending balance, Insurance loss recoverable</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">533</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverable[mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember]" onclick="toggleNextSibling(this);">694</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverable<br>/ mbi_ClaimLiabilityAxis<br>= mbi_InsuranceLossRecoverableMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember', window );">Recoveries On Unpaid Losses [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems', window );"><strong>Loss And Loss Adjustment Expense Recoveries [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Gross Reserve beginning balance,Recoveries on unpaid losses</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">206</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">332</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CollectionsForCasesWithRecoveries', window );">Collections for Cases with Recoveries</a></td>
        <td class="nump"><a title="mbi_CollectionsForCasesWithRecoveries[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_CollectionsForCasesWithRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_CollectionsForCasesWithRecoveries[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_CollectionsForCasesWithRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries', window );">Accretion of Recoveries</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate', window );">Changes in Discount Rates</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">15</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">(38)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions', window );">Changes in Assumptions</a></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">(79)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">(91)</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries', window );">Changes in LAE Recoveries</a></td>
        <td class="nump"><a title="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num"><a title="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">(3)</a><span style="display:none;white-space:normal;text-align:left;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther', window );">Other</a></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Gross Reserve ending balance, Recoveries on unpaid losses</a></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">$ 147</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GrossReserveRecoveriesOnUnpaidLosses[mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember]" onclick="toggleNextSibling(this);">$ 206</a><span style="display:none;white-space:normal;text-align:left;">mbi_GrossReserveRecoveriesOnUnpaidLosses<br>/ mbi_ClaimLiabilityAxis<br>= mbi_RecoveriesOnUnpaidLossesMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Primarily changes in amount and timing of collections.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_CollectionsForCasesWithRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash receipts related to recoveries of previously paid claims</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_CollectionsForCasesWithRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GrossReserveRecoveriesOnUnpaidLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross reserve, recoveries on unpaid losses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_GrossReserveRecoveriesOnUnpaidLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase Decrease In Loss Adjustment Expense Recoveries</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Insurance loss recoverable and changes in recoveries of unpaid losses.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Changes in the timing and amount of net collections on financial guarantee contracts.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>145
<FILENAME>R27.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Common and Preferred Stock<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityNoteAbstract', window );"><strong>Common And Preferred Stock [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityNoteDisclosureTextBlock', window );">Common And Preferred Stock</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 18: Common and Preferred Stock</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Common Stock</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Stock Warrants</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During 2008, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company granted Warburg Pincus warrants to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >11.5</font><font style='font-family:Times New Roman;font-size:10pt;' >&#160;million shares of MBIA common stock at an exercise price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >30.25</font><font style='font-family:Times New Roman;font-size:10pt;' > per share, &#8220;B&#8221; warrant, which, upon obtaining certain approvals, will become exercisable to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >9.8</font><font style='font-family:Times New Roman;font-size:10pt;' >&#160;million shares at a price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >30.25</font><font style='font-family:Times New Roman;font-size:10pt;' > per share, and &#8220;B2&#8221; warrant to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' >&#160;million shares at a price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >16.20</font><font style='font-family:Times New Roman;font-size:10pt;' > per share. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2013, pursu</font><font style='font-family:Times New Roman;font-size:10pt;' >ant to the anti-dilution provisions of warrants issued by MBIA to Warburg Pincus, the terms of the warrants issued to Warburg Pincus </font><font style='font-family:Times New Roman;font-size:10pt;' >in 2008 were amended, which resulted in (a) Warburg Pincus&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >warrant to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >11.5</font><font style='font-family:Times New Roman;font-size:10pt;' > million shares exercisable at $30.25 p</font><font style='font-family:Times New Roman;font-size:10pt;' >er share w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > revised to </font><font style='font-family:Times New Roman;font-size:10pt;' >11.8</font><font style='font-family:Times New Roman;font-size:10pt;' > million shares at $</font><font style='font-family:Times New Roman;font-size:10pt;' >29.44</font><font style='font-family:Times New Roman;font-size:10pt;' > per share</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;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >) Warburg Pincus&#8217; </font><font style='font-family:Times New Roman;font-size:10pt;' >B </font><font style='font-family:Times New Roman;font-size:10pt;' >warrant to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >9</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >8</font><font style='font-family:Times New Roman;font-size:10pt;' > million shares exercisable at $30.25 per share w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > revised to </font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million shares at $</font><font style='font-family:Times New Roman;font-size:10pt;' >29.44</font><font style='font-family:Times New Roman;font-size:10pt;' > per share</font><font style='font-family:Times New Roman;font-size:10pt;' >; and</font><font style='font-family:Times New Roman;font-size:10pt;' > (</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >) Warburg Pincus&#8217; </font><font style='font-family:Times New Roman;font-size:10pt;' >B2 </font><font style='font-family:Times New Roman;font-size:10pt;' >warrant to purc</font><font style='font-family:Times New Roman;font-size:10pt;' >hase 4 million shares exercisable at $16.20 per share w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > revised to 4,004,945 shares at $</font><font style='font-family:Times New Roman;font-size:10pt;' >16.18</font><font style='font-family:Times New Roman;font-size:10pt;' > per share.&#160;In addition, under the agreement, Warburg Pincus has certain gross up rights that are triggered in connection with the offering by the Company of any</font><font style='font-family:Times New Roman;font-size:10pt;' > equity securities. As such, MBIA issued Warburg Pincus a five-year warrant to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >1.91</font><font style='font-family:Times New Roman;font-size:10pt;' > million shares of MBIA common stock at an exercise</font><font style='font-family:Times New Roman;font-size:10pt;' > price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >9.59</font><font style='font-family:Times New Roman;font-size:10pt;' > per share.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2015, the Company reported the expiration of the Warburg Pincus&#8217; warran</font><font style='font-family:Times New Roman;font-size:10pt;' >t to purchase 11.8 million shares at $29.44 per share, the Warburg Pincus&#8217; B warrant to purchase 10.1 million shares at $29.44 per share and the Warburg Pincus&#8217; B2 warrant to purchase 4,004,945 shares at $16.18 per share.</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;' >In May of 2013, MBIA Inc. issued B</font><font style='font-family:Times New Roman;font-size:10pt;' >lue Ridge Investments, L.L.C., an affiliate of Bank of America, a five-year warrant to purchase </font><font style='font-family:Times New Roman;font-size:10pt;' >9.94</font><font style='font-family:Times New Roman;font-size:10pt;' > million shares of MBIA Inc. common stock at an exercise price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >9.59</font><font style='font-family:Times New Roman;font-size:10pt;' > per share.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Stock w</font><font style='font-family:Times New Roman;font-size:10pt;' >arrants are recorded as liabilities and reported within &#8220;Other </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities&#8221; on the consolidated balance sheets due to terms and conditions in the agreements that could require net cash settlement. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value of the warrants was $</font><font style='font-family:Times New Roman;font-size:10pt;' >28</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >59</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Repu</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >rchase Program</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. The Company believes that share repurchases can be an appropriate deploymen</font><font style='font-family:Times New Roman;font-size:10pt;' >t of capital in excess of amounts needed to support the Company&#8217;s liquidity while maintaining the claims-paying resources of MBIA Corp. and National, as well as other business needs.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On February&#160;1, 2007, the Company&#8217;s Board of Directors authorized the repu</font><font style='font-family:Times New Roman;font-size:10pt;' >rchase of common stock up to $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion under a share repurchase program</font><font style='font-family:Times New Roman;font-size:10pt;' >. During the year ended December 31, 2014, the Company repurchased </font><font style='font-family:Times New Roman;font-size:10pt;' >2.1</font><font style='font-family:Times New Roman;font-size:10pt;' > million common shares of MBIA Inc., exhausting any remaining capacity under this share repurchase program. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had repurchased </font><font style='font-family:Times New Roman;font-size:10pt;' >58.8</font><font style='font-family:Times New Roman;font-size:10pt;' >&#160;million</font><font style='font-family:Times New Roman;font-size:10pt;' > common</font><font style='font-family:Times New Roman;font-size:10pt;' > shares of MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >at an average price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >17.02</font><font style='font-family:Times New Roman;font-size:10pt;' > per share</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >under th</font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >share rep</font><font style='font-family:Times New Roman;font-size:10pt;' >urchase program. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In the fourth quarter of </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s Board of Directors authorized the repurchas</font><font style='font-family:Times New Roman;font-size:10pt;' >e of common stock up to $</font><font style='font-family:Times New Roman;font-size:10pt;' >200</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion under a new share repurchase program. </font><font style='font-family:Times New Roman;font-size:10pt;' >During the year ended December 31, 2014, the Company repurchased </font><font style='font-family:Times New Roman;font-size:10pt;' >1.2</font><font style='font-family:Times New Roman;font-size:10pt;' > million common shares of MBIA Inc. at an average price of $</font><font style='font-family:Times New Roman;font-size:10pt;' >9.44</font><font style='font-family:Times New Roman;font-size:10pt;' > per share under this new repurchase program.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >uring </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, 529,246</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >392,056</font><font style='font-family:Times New Roman;font-size:10pt;' > shares, respectively, were purchased by the Company for settling awards under the Company&#8217;s long-term incentive plans.</font></p><p style='text-align:left;margin-top:13.5pt;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;' >Preferred Stock</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Insurance Corporation had 2,759 shares of</font><font style='font-family:Times New Roman;font-size:10pt;' > preferred stock issued and outstanding with a carrying value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >28</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;color:#1F497D;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >including 1,444 shares held by MBIA Inc. that were purchased at a weighted average price of $10,900 per share or </font><font style='font-family:Times New Roman;font-size:10pt;' >10.9</font><font style='font-family:Times New Roman;font-size:10pt;' >% of face value and 1,315 shares held by unaffiliated investo</font><font style='font-family:Times New Roman;font-size:10pt;' >rs. During 201</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. did not repurchase any additional shares. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In accordance with MBIA&#8217;s fixed-rate election, the dividend rate on the preferred stock was determined using a fixed-rate equivalent of </font><font style='font-family:Times New Roman;font-size:10pt;' >LIBOR plus 200 basis points</font><font style='font-family:Times New Roman;font-size:10pt;' >. Each share of preferr</font><font style='font-family:Times New Roman;font-size:10pt;' >ed stock has a par value of $1,000 with a liquidation preference of $100,000. The holders of the preferred stock are </font><font style='font-family:Times New Roman;font-size:10pt;' >generally </font><font style='font-family:Times New Roman;font-size:10pt;' >not entitled to any voting rights. Subject to certain requirements, the preferred stock may be redeemed, in whole or in part, at </font><font style='font-family:Times New Roman;font-size:10pt;' >the option of MBIA Corp. at any time or from time to time for cash at a redemption price equal to the liquidation preference per share plus any accrued and unpaid dividends thereon at the date of redemption for the then current dividend period and any prev</font><font style='font-family:Times New Roman;font-size:10pt;' >iously accumulated dividends payable without interest on such unpaid dividends. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, there were no </font><font style='font-family:Times New Roman;font-size:10pt;' >dividends declared on the preferred stock. Payment of dividends on MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Corp.&#8217;s preferred stock is subject to the same restrictions that apply to dividends on common stock under NY</font><font style='font-family:Times New Roman;font-size:10pt;' >IL</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityNoteAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquityNoteAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityNoteDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(d),(e))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 4<br><br> -Subparagraph (SAB TOPIC 4.C)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187143-122770<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SAB TOPIC 4.E)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 4<br><br> -Section C<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 4<br><br> -Section E<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Article 4<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21506-112644<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Preferred Stock<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6521494<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21564-112644<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21488-112644<br><br><br><br>Reference 17: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21484-112644<br><br><br><br>Reference 18: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph d<br><br> -Article 4<br><br><br><br>Reference 19: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23285-112656<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquityNoteDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>146
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<FilingSummary xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <Version>2.4.1.9</Version>
  <ProcessingTime />
  <ReportFormat>Html</ReportFormat>
  <ContextCount>1155</ContextCount>
  <ElementCount>739</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>true</FootnotesReported>
  <SegmentCount>344</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>11</UnitCount>
  <MyReports>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>000001 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
    </Report>
    <Report>
      <IsDefault>true</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>000002 - Statement - Consolidated Balance Sheets</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedBalanceSheets</Role>
      <ShortName>Consolidated Balance Sheets</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>000003 - Statement - Consolidated Balance Sheets (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical</Role>
      <ShortName>Consolidated Balance Sheets (Parenthetical)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>000004 - Statement - Consolidated Statements Of Operations</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations</Role>
      <ShortName>Consolidated Statements Of Operations</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>000005 - Statement - Consolidated Statements Of Operations (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical</Role>
      <ShortName>Consolidated Statements Of Operations (Parenthetical)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>000006 - Statement - Consolidated Statement Of Comprehensive Income (Loss)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementOfComprehensiveIncomeLoss</Role>
      <ShortName>Consolidated Statement Of Comprehensive Income (Loss)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>000007 - Statement - Consolidated Statement Of Changes In Shareholders' Equity</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity</Role>
      <ShortName>Consolidated Statement Of Changes In Shareholders' Equity</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>000008 - Statement - Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical</Role>
      <ShortName>Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>000009 - Statement - Consolidated Statements Of Cash Flows</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows</Role>
      <ShortName>Consolidated Statements Of Cash Flows</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>101000 - Disclosure - Business Developments and Risks and Uncertainties</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties</Role>
      <ShortName>Business Developments and Risks and Uncertainties</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>102000 - Disclosure - Significant Accounting Policies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSignificantAccountingPolicies</Role>
      <ShortName>Significant Accounting Policies</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>103000 - Disclosure - Recent Accounting Pronouncements</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureRecentAccountingPronouncements</Role>
      <ShortName>Recent Accounting Pronouncements</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>104000 - Disclosure - Variable Interest Entities</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureVariableInterestEntities</Role>
      <ShortName>Variable Interest Entities</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>105000 - Disclosure - Insurance Premiums</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiums</Role>
      <ShortName>Insurance Premiums</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>106000 - Disclosure - Loss and Loss Adjustment Expense Reserves</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves</Role>
      <ShortName>Loss and Loss Adjustment Expense Reserves</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>107000 - Disclosure - Fair Value Of Financial Instruments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</Role>
      <ShortName>Fair Value Of Financial Instruments</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>108000 - Disclosure - Investments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestments</Role>
      <ShortName>Investments</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>109000 - Disclosure - Derivative Instruments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstruments</Role>
      <ShortName>Derivative Instruments</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>110000 - Disclosure - Debt</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebt</Role>
      <ShortName>Debt</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>111000 - Disclosure - Income Taxes</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxes</Role>
      <ShortName>Income Taxes</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>112000 - Disclosure - Business Segments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessSegments</Role>
      <ShortName>Business Segments</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>113000 - Disclosure - Insurance in Force</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceInForce</Role>
      <ShortName>Insurance in Force</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>114000 - Disclosure - Insurance Regulations and Dividends</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceRegulationsAndDividends</Role>
      <ShortName>Insurance Regulations and Dividends</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R24.htm</HtmlFileName>
      <LongName>115000 - Disclosure - Pension and Profit- Sharing Plans</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/PensionAndProfitSharingPlans</Role>
      <ShortName>Pension and Profit- Sharing Plans</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R25.htm</HtmlFileName>
      <LongName>116000 - Disclosure - Long-term Incentive Plans</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongtermIncentivePlans</Role>
      <ShortName>Long-term Incentive Plans</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R26.htm</HtmlFileName>
      <LongName>117000 - Disclosure - Earnings Per Share</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShare</Role>
      <ShortName>Earnings Per Share</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R27.htm</HtmlFileName>
      <LongName>118000 - Disclosure - Common and Preferred Stock</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/CommonAndPreferredStock</Role>
      <ShortName>Common and Preferred Stock</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R28.htm</HtmlFileName>
      <LongName>119000 - Disclosure - Accumulated Other Comprehensive Income</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome</Role>
      <ShortName>Accumulated Other Comprehensive Income</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R29.htm</HtmlFileName>
      <LongName>120000 - Disclosure - Related Party Transactions</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/RelatedPartyTransactions</Role>
      <ShortName>Related Party Transactions</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R30.htm</HtmlFileName>
      <LongName>121000 - Disclosure - Commitments and Contingencies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureCommitmentsAndContingencies</Role>
      <ShortName>Commitments and Contingencies</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R31.htm</HtmlFileName>
      <LongName>122000 - Disclosure - Subsequent Events</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSubsequentEvents</Role>
      <ShortName>Subsequent Events</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R32.htm</HtmlFileName>
      <LongName>123000 - Disclosure - Schedule I- Investments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIInvestments</Role>
      <ShortName>Schedule I- Investments</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R33.htm</HtmlFileName>
      <LongName>124000 - Disclosure - Schedule II- Parent Company Financials</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIIParentCompanyFinancials</Role>
      <ShortName>Schedule II- Parent Company Financials</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R34.htm</HtmlFileName>
      <LongName>125000 - Disclosure - Schedule IV - Reinsurance</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIVReinsurance</Role>
      <ShortName>Schedule IV - Reinsurance</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R35.htm</HtmlFileName>
      <LongName>200000 - Disclosure - Significant Accounting Policies (Policies)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies</Role>
      <ShortName>Significant Accounting Policies (Policies)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R36.htm</HtmlFileName>
      <LongName>301000 - Disclosure - Business Developments and Risks and Uncertainties (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables</Role>
      <ShortName>Business Developments and Risks and Uncertainties (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R37.htm</HtmlFileName>
      <LongName>302000 - Disclosure - Significant Accounting Policies (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables</Role>
      <ShortName>Significant Accounting Policies (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R38.htm</HtmlFileName>
      <LongName>304000 - Disclosure - Variable Interest Entities (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/VariableInterestEntitiesTables</Role>
      <ShortName>Variable Interest Entities (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R39.htm</HtmlFileName>
      <LongName>305000 - Disclosure - Insurance Premiums (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsTables</Role>
      <ShortName>Insurance Premiums (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R40.htm</HtmlFileName>
      <LongName>306000 - Disclosure - Loss and Loss Adjustment Expense Reserves (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables</Role>
      <ShortName>Loss and Loss Adjustment Expense Reserves (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R41.htm</HtmlFileName>
      <LongName>307000 - Disclosure - Fair Value of Financial Instruments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables</Role>
      <ShortName>Fair Value of Financial Instruments (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R42.htm</HtmlFileName>
      <LongName>308000 - Disclosure - Investments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsTables</Role>
      <ShortName>Investments (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R43.htm</HtmlFileName>
      <LongName>309000 - Disclosure - Derivative Instruments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables</Role>
      <ShortName>Derivative Instruments (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R44.htm</HtmlFileName>
      <LongName>310000 - Disclosure - Debt (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DebtTables</Role>
      <ShortName>Debt (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R45.htm</HtmlFileName>
      <LongName>311000 - Disclosure - Income Taxes (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesTables</Role>
      <ShortName>Income Taxes (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R46.htm</HtmlFileName>
      <LongName>312000 - Disclosure - Business Segments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessSegmentsTables</Role>
      <ShortName>Business Segments (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R47.htm</HtmlFileName>
      <LongName>313000 - Disclosure - Insurance In Force (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceInForceTables</Role>
      <ShortName>Insurance In Force (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R48.htm</HtmlFileName>
      <LongName>316001 - Disclosure - Long-term Incentive Plans (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongtermIncentivePlansTables</Role>
      <ShortName>Long-term Incentive Plans (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R49.htm</HtmlFileName>
      <LongName>317000 - Disclosure - Earnings Per Share (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShareTables</Role>
      <ShortName>Earnings Per Share (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R50.htm</HtmlFileName>
      <LongName>319000 - Disclosure - Accumulated Other Comprehensive Income (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables</Role>
      <ShortName>Accumulated Other Comprehensive Income (Tables)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R51.htm</HtmlFileName>
      <LongName>401001 - Disclosure - Business Developments And Risks And Uncertainties (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail</Role>
      <ShortName>Business Developments And Risks And Uncertainties (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R52.htm</HtmlFileName>
      <LongName>401002 - Statement - Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail</Role>
      <ShortName>Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R53.htm</HtmlFileName>
      <LongName>402002 - Disclosure - Significant Accounting Policies (Useful Lives Of Each Class Of Assets) (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails</Role>
      <ShortName>Significant Accounting Policies (Useful Lives Of Each Class Of Assets) (Details)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R54.htm</HtmlFileName>
      <LongName>404001 - Disclosure - Variable Interest Entities (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail</Role>
      <ShortName>Variable Interest Entities (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R55.htm</HtmlFileName>
      <LongName>404002 - Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail</Role>
      <ShortName>Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R56.htm</HtmlFileName>
      <LongName>405001 - Disclosure - Insurance Premiums (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail</Role>
      <ShortName>Insurance Premiums (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R57.htm</HtmlFileName>
      <LongName>405002 - Disclosure - Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail</Role>
      <ShortName>Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R58.htm</HtmlFileName>
      <LongName>405003 - Disclosure - Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail</Role>
      <ShortName>Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R59.htm</HtmlFileName>
      <LongName>405004 - Disclosure - Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail</Role>
      <ShortName>Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R60.htm</HtmlFileName>
      <LongName>406001 - Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSReservesNarrativeDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R61.htm</HtmlFileName>
      <LongName>406002 - Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Recoveries) (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesRMBSRecoveriesNarrativeDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (RMBS Recoveries) (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R62.htm</HtmlFileName>
      <LongName>406003 - Disclosure - Loss And Loss Adjustment Expense Reserves (Summary Of Credit Impairments Related To Derivatives) (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesSummaryOfCreditImpairmentsRelatedToDerivativesNarrativeDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Summary Of Credit Impairments Related To Derivatives) (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R63.htm</HtmlFileName>
      <LongName>406004 - Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R64.htm</HtmlFileName>
      <LongName>406005 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R65.htm</HtmlFileName>
      <LongName>406006 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R66.htm</HtmlFileName>
      <LongName>406007 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfPresentValueOfTheProbabilityWeightedFutureClaimPaymentsAndRecoveriesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R67.htm</HtmlFileName>
      <LongName>406008 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Before The Elimination Of Amounts Related To Consolidated VIE's) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfCompanysSecondLienRMBSExposureGrossUndiscountedClaimLiabilityAndPotentialRecoveriesBeforeTheEliminationOfAmountsRelatedToConsolidatedVIEsDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Company's Second-Lien RMBS Exposure, Gross Undiscounted Claim Liability And Potential Recoveries, Before The Elimination Of Amounts Related To Consolidated VIE's) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R68.htm</HtmlFileName>
      <LongName>406009 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R69.htm</HtmlFileName>
      <LongName>406010 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R70.htm</HtmlFileName>
      <LongName>406012 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Expenses Related To Remedial Actions For Insured Obligations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfExpensesRelatedToRemedialActionsForInsuredObligationsDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Expenses Related To Remedial Actions For Insured Obligations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R71.htm</HtmlFileName>
      <LongName>407001 - Disclosure - Fair Value Of Financial Instruments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R72.htm</HtmlFileName>
      <LongName>407002 - Disclosure - Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R73.htm</HtmlFileName>
      <LongName>407003 - Disclosure - Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R74.htm</HtmlFileName>
      <LongName>407004 - Disclosure - Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R75.htm</HtmlFileName>
      <LongName>407005 - Disclosure - Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R76.htm</HtmlFileName>
      <LongName>407006 - Disclosure - Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R77.htm</HtmlFileName>
      <LongName>407007 - Disclosure - Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R78.htm</HtmlFileName>
      <LongName>407008 - Disclosure - Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R79.htm</HtmlFileName>
      <LongName>408001 - Disclosure - Investments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail</Role>
      <ShortName>Investments (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R80.htm</HtmlFileName>
      <LongName>408002 - Disclosure - Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail</Role>
      <ShortName>Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R81.htm</HtmlFileName>
      <LongName>408003 - Disclosure - Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail</Role>
      <ShortName>Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R82.htm</HtmlFileName>
      <LongName>408005 - Disclosure - Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail</Role>
      <ShortName>Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R83.htm</HtmlFileName>
      <LongName>408006 - Disclosure - Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail</Role>
      <ShortName>Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R84.htm</HtmlFileName>
      <LongName>408007 - Disclosure - Investments (Credit Ratings Of Asset-Backed And Mortgage-Backed Securities And Corporate Obligations In Available-For-Sale Investments For Which Fair Value Was Less Than Amortized Cost) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsCreditRatingsOfAssetBackedAndMortgageBackedSecuritiesAndCorporateObligationsInAvailableForSaleInvestmentsForWhichFairValueWasLessThanAmortizedCostDetail</Role>
      <ShortName>Investments (Credit Ratings Of Asset-Backed And Mortgage-Backed Securities And Corporate Obligations In Available-For-Sale Investments For Which Fair Value Was Less Than Amortized Cost) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R85.htm</HtmlFileName>
      <LongName>408008 - Disclosure - Investments (Average Credit Ratings For Securities Rated Below Investment Grade Without The Effect Of Financial Guarantees) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsAverageCreditRatingsForSecuritiesRatedBelowInvestmentGradeWithoutTheEffectOfFinancialGuaranteesDetail</Role>
      <ShortName>Investments (Average Credit Ratings For Securities Rated Below Investment Grade Without The Effect Of Financial Guarantees) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R86.htm</HtmlFileName>
      <LongName>408010 - Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail</Role>
      <ShortName>Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R87.htm</HtmlFileName>
      <LongName>408011 - Disclosure - Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail</Role>
      <ShortName>Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R88.htm</HtmlFileName>
      <LongName>408012 - Disclosure - Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail</Role>
      <ShortName>Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R89.htm</HtmlFileName>
      <LongName>409001 - Disclosure - Derivative Instruments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail</Role>
      <ShortName>Derivative Instruments (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R90.htm</HtmlFileName>
      <LongName>409002 - Disclosure - Derivative Instruments (Credit Derivatives Sold) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail</Role>
      <ShortName>Derivative Instruments (Credit Derivatives Sold) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R91.htm</HtmlFileName>
      <LongName>409003 - Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail</Role>
      <ShortName>Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R92.htm</HtmlFileName>
      <LongName>409004 - Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail</Role>
      <ShortName>Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R93.htm</HtmlFileName>
      <LongName>410001 - Disclosure - Debt (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebtNarrativeDetail</Role>
      <ShortName>Debt (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R94.htm</HtmlFileName>
      <LongName>410002 - Disclosure - Debt (Long-Term Debt) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail</Role>
      <ShortName>Debt (Long-Term Debt) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R95.htm</HtmlFileName>
      <LongName>410003 - Disclosure - Debt (Aggregate Maturity Of Debt Obligations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail</Role>
      <ShortName>Debt (Aggregate Maturity Of Debt Obligations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R96.htm</HtmlFileName>
      <LongName>410004 - Disclosure - Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail</Role>
      <ShortName>Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R97.htm</HtmlFileName>
      <LongName>411001 - Disclosure - Income Taxes (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail</Role>
      <ShortName>Income Taxes (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R98.htm</HtmlFileName>
      <LongName>411002 - Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail</Role>
      <ShortName>Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R99.htm</HtmlFileName>
      <LongName>411003 - Disclosure - Income Taxes (Income before Income Taxes) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail</Role>
      <ShortName>Income Taxes (Income before Income Taxes) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R100.htm</HtmlFileName>
      <LongName>411004 - Disclosure - Income Taxes (Income Taxes and Shareholders' Equity) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail</Role>
      <ShortName>Income Taxes (Income Taxes and Shareholders' Equity) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R101.htm</HtmlFileName>
      <LongName>411005 - Disclosure - Income Taxes (Income Tax Rate Reconciliation) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail</Role>
      <ShortName>Income Taxes (Income Tax Rate Reconciliation) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R102.htm</HtmlFileName>
      <LongName>411006 - Disclosure - Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail</Role>
      <ShortName>Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R103.htm</HtmlFileName>
      <LongName>411007 - Disclosure - Income Taxes (Change In Unrecognized Tax Benefits) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/IncomeTaxesChangeInUnrecognizedTaxBenefitsDetail</Role>
      <ShortName>Income Taxes (Change In Unrecognized Tax Benefits) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R104.htm</HtmlFileName>
      <LongName>412001 - Disclosure - Business Segments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessSegmentsNarrativeDetail</Role>
      <ShortName>Business Segments (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R105.htm</HtmlFileName>
      <LongName>412002 - Disclosure - Business Segments (Summary Of Company's Segment Results) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail</Role>
      <ShortName>Business Segments (Summary Of Company's Segment Results) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R106.htm</HtmlFileName>
      <LongName>412003 - Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail</Role>
      <ShortName>Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R107.htm</HtmlFileName>
      <LongName>413001 - Disclosure - Insurance in Force (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail</Role>
      <ShortName>Insurance in Force (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R108.htm</HtmlFileName>
      <LongName>413002 - Disclosure - Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail</Role>
      <ShortName>Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R109.htm</HtmlFileName>
      <LongName>413003 - Disclosure - Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services Affiliated Companies) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAffiliatedCompaniesDetail</Role>
      <ShortName>Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services Affiliated Companies) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R110.htm</HtmlFileName>
      <LongName>413004 - Disclosure - Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail</Role>
      <ShortName>Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R111.htm</HtmlFileName>
      <LongName>413005 - Disclosure - Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail</Role>
      <ShortName>Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R112.htm</HtmlFileName>
      <LongName>414001 - Disclosure - Insurance Regulations And Dividends (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail</Role>
      <ShortName>Insurance Regulations And Dividends (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R113.htm</HtmlFileName>
      <LongName>415001 - Disclosure - Pension And Profit Sharing Plans (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail</Role>
      <ShortName>Pension And Profit Sharing Plans (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R114.htm</HtmlFileName>
      <LongName>416001 - Disclosure - Long-term Incentive Plans (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail</Role>
      <ShortName>Long-term Incentive Plans (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R115.htm</HtmlFileName>
      <LongName>416002 - Disclosure - Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail</Role>
      <ShortName>Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R116.htm</HtmlFileName>
      <LongName>416004 - Disclosure - Long-Term Incentive Plans (Stock Options Outstanding) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail</Role>
      <ShortName>Long-Term Incentive Plans (Stock Options Outstanding) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R117.htm</HtmlFileName>
      <LongName>416005 - Disclosure - Long-Term Incentive Plans (Outstanding And Exercisable Stock Options) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongTermIncentivePlansOutstandingAndExercisableStockOptionsDetail</Role>
      <ShortName>Long-Term Incentive Plans (Outstanding And Exercisable Stock Options) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R118.htm</HtmlFileName>
      <LongName>417001 - Disclosure - Earnings Per Share (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail</Role>
      <ShortName>Earnings Per Share (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R119.htm</HtmlFileName>
      <LongName>417002 - Disclosure - Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail</Role>
      <ShortName>Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R120.htm</HtmlFileName>
      <LongName>418001 - Disclosure - Common and Preferred Stock (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail</Role>
      <ShortName>Common and Preferred Stock (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R121.htm</HtmlFileName>
      <LongName>419001 - Disclosure - Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail</Role>
      <ShortName>Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R122.htm</HtmlFileName>
      <LongName>419002 - Disclosure - Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail</Role>
      <ShortName>Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R123.htm</HtmlFileName>
      <LongName>420001 - Disclosure - Related Party Transactions (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail</Role>
      <ShortName>Related Party Transactions (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R124.htm</HtmlFileName>
      <LongName>421001 - Disclosure - Commitments and Contingencies (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail</Role>
      <ShortName>Commitments and Contingencies (Narrative) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R125.htm</HtmlFileName>
      <LongName>423001 - Disclosure - Schedule I- Investments (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail</Role>
      <ShortName>Schedule I- Investments (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R126.htm</HtmlFileName>
      <LongName>424001 - Disclosure - Schedule II (Condensed Balance Sheets) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail</Role>
      <ShortName>Schedule II (Condensed Balance Sheets) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R127.htm</HtmlFileName>
      <LongName>424002 - Disclosure - Schedule II (Condensed Statements Of Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail</Role>
      <ShortName>Schedule II (Condensed Statements Of Operations) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R128.htm</HtmlFileName>
      <LongName>424003 - Disclosure - Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail</Role>
      <ShortName>Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R129.htm</HtmlFileName>
      <LongName>424004 - Disclosure - Schedule II - Condensed Statements Of Cash Flows (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail</Role>
      <ShortName>Schedule II - Condensed Statements Of Cash Flows (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R130.htm</HtmlFileName>
      <LongName>424005 - Disclosure - Schedule II - (Notes to Condensed Financial Statements) (Detail)</LongName>
      <ReportType>Notes</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail</Role>
      <ShortName>Schedule II - (Notes to Condensed Financial Statements) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R131.htm</HtmlFileName>
      <LongName>425001 - Disclosure - Schedule IV - (Reinsurance) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIVReinsuranceDetail</Role>
      <ShortName>Schedule IV - (Reinsurance) (Detail)</ShortName>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <Logs>
    <Log type="Info">Element mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers had a mix of decimals attribute values: -8 -6.</Log>
    <Log type="Info">Element mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting had a mix of decimals attribute values: -8 -6.</Log>
    <Log type="Info">Element us-gaap_ClassOfWarrantOrRightOutstanding had a mix of decimals attribute values: -6 -5 -4 0.</Log>
    <Log type="Info">Element us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet had a mix of decimals attribute values: -8 -6.</Log>
    <Log type="Info">Element us-gaap_DerivativeLiabilities had a mix of decimals attribute values: -8 -6.</Log>
    <Log type="Info">Element us-gaap_EstimatedInsuranceRecoveries had a mix of decimals attribute values: -6 0.</Log>
    <Log type="Info">Element us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber had a mix of decimals attribute values: 0 2.</Log>
    <Log type="Info">Element us-gaap_StockRepurchaseProgramAuthorizedAmount had a mix of decimals attribute values: -9 -6.</Log>
    <Log type="Info">Element us-gaap_SurplusNotes had a mix of decimals attribute values: -9 -6.</Log>
    <Log type="Info">Element us-gaap_TreasuryStockSharesAcquired had a mix of decimals attribute values: -5 0.</Log>
    <Log type="Info">Element us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets had a mix of decimals attribute values: -8 -6.</Log>
    <Log type="Info">Element us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities had a mix of decimals attribute values: -8 -6.</Log>
    <Log type="Info">'Monetary' elements on report '401001 - Disclosure - Business Developments And Risks And Uncertainties (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '406001 - Disclosure - Loss And Loss Adjustment Expense Reserves (RMBS Reserves) (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '406004 - Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '406007 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Present Value Of The Probability-Weighted Future Claim Payments And Recoveries) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '409001 - Disclosure - Derivative Instruments (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '411001 - Disclosure - Income Taxes (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '413001 - Disclosure - Insurance in Force (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">'Monetary' elements on report '414001 - Disclosure - Insurance Regulations And Dividends (Narrative) (Detail)' had a mix of different decimal attribute values.</Log>
    <Log type="Info">Process Flow-Through: 000002 - Statement - Consolidated Balance Sheets</Log>
    <Log type="Info">	Process Flow-Through: Removing column 'Dec. 31, 2012'</Log>
    <Log type="Info">	Process Flow-Through: Removing column 'Dec. 31, 2011'</Log>
    <Log type="Info">Process Flow-Through: 000003 - Statement - Consolidated Balance Sheets (Parenthetical)</Log>
    <Log type="Info">Process Flow-Through: 000004 - Statement - Consolidated Statements Of Operations</Log>
    <Log type="Info">Process Flow-Through: 000005 - Statement - Consolidated Statements Of Operations (Parenthetical)</Log>
    <Log type="Info">Process Flow-Through: 000006 - Statement - Consolidated Statement Of Comprehensive Income (Loss)</Log>
    <Log type="Info">Process Flow-Through: 000008 - Statement - Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</Log>
    <Log type="Info">Process Flow-Through: 000009 - Statement - Consolidated Statements Of Cash Flows</Log>
    <Log type="Info">Process Flow-Through: 401002 - Statement - Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</Log>
  </Logs>
  <InputFiles>
    <File>mbi-20141231.xml</File>
    <File>mbi-20141231.xsd</File>
    <File>mbi-20141231_cal.xml</File>
    <File>mbi-20141231_def.xml</File>
    <File>mbi-20141231_lab.xml</File>
    <File>mbi-20141231_pre.xml</File>
  </InputFiles>
  <SupplementalFiles />
  <BaseTaxonomies />
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>147
<FILENAME>R117.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ENUAI">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Long-Term Incentive Plans (Outstanding And Exercisable Stock Options) (Detail) (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
        <th class="th" colspan="1"></th>
        <th class="th" colspan="1"></th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems', window );"><strong>Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of Options, Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">2,548,000.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">3,715,406.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">5,963,268.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" onclick="toggleNextSibling(this);">6,425,073.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber', window );">Number of Options, Exercisable</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" onclick="toggleNextSibling(this);">1,798,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" onclick="toggleNextSibling(this);">1,752,311</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" onclick="toggleNextSibling(this);">1,751,173</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</a></td>
        <td class="text">1 year 6 months 29 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Weighted Average Exercise Price, Stock Options Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 10.9888</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 20.6883</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 19.0485</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 21.333</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice', window );">Weighted Average Exercise Price, Stock Options Exercisable</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 13.466</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 38.512</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" onclick="toggleNextSibling(this);">$ 45.0174</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue', window );">Aggregate Intrinsic Value, Stock Options Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" onclick="toggleNextSibling(this);">$ 11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1', window );">Aggregate Intrinsic Value, Stock Options Exercisable</a></td>
        <td class="nump"><a title="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" onclick="toggleNextSibling(this);">8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember', window );">$4.02-$57.71 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems', window );"><strong>Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit', window );">Range of Average Exercise Price, Minimum</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">$ 4.02</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit', window );">Range of Average Exercise Price, Maximum</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">$ 57.71</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of Options, Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">2,287,500.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber', window );">Number of Options, Exercisable</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">1,537,500</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</a></td>
        <td class="text">1 year 8 months 12 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Weighted Average Exercise Price, Stock Options Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">$ 5.3922</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice', window );">Weighted Average Exercise Price, Stock Options Exercisable</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">$ 5.5591</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue', window );">Aggregate Intrinsic Value, Stock Options Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">11</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1', window );">Aggregate Intrinsic Value, Stock Options Exercisable</a></td>
        <td class="nump"><a title="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember]" onclick="toggleNextSibling(this);">$ 8</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember', window );">$58.84-$70.86 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems', window );"><strong>Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit', window );">Range of Average Exercise Price, Minimum</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember]" onclick="toggleNextSibling(this);">$ 58.84</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit', window );">Range of Average Exercise Price, Maximum</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember]" onclick="toggleNextSibling(this);">$ 70.86</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of Options, Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember]" onclick="toggleNextSibling(this);">260,500.00</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber', window );">Number of Options, Exercisable</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember]" onclick="toggleNextSibling(this);">260,500</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</a></td>
        <td class="text">0 years 6 months 18 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Weighted Average Exercise Price, Stock Options Outstanding</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember]" onclick="toggleNextSibling(this);">$ 60.1333</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice', window );">Weighted Average Exercise Price, Stock Options Exercisable</a></td>
        <td class="nump"><a title="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice[us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember]" onclick="toggleNextSibling(this);">$ 60.1333</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice<br>/ us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis<br>= mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis=mbi_OptionsExercisableMember', window );">Options Exercisable [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems', window );"><strong>Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</a></td>
        <td class="text">1 year 4 months 2 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis=mbi_OptionsExercisableMember', window );">Options Exercisable [Member] | $4.02-$57.71 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems', window );"><strong>Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</a></td>
        <td class="text">1 year 5 months 19 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis=mbi_OptionsExercisableMember', window );">Options Exercisable [Member] | $58.84-$70.86 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems', window );"><strong>Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contractual Life in Years, Stock Options Outstanding</a></td>
        <td class="text">0 years 6 months 18 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of options outstanding, including both vested and non-vested options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis=mbi_OptionsExercisableMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualShareBasedPaymentsByTypeOfDeferredCompensationAxis=mbi_OptionsExercisableMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FiftyEightPointEightFourToSeventyPointEightSixMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis=mbi_FourPointZeroTwoToFiftySevenPointSevenOneMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>148
<FILENAME>R130.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0ETWAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Schedule II - (Notes to Condensed Financial Statements) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue', window );">Fair value of securities pledged as collateral</a></td>
        <td class="nump"><a title="us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" onclick="toggleNextSibling(this);">$ 532</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" onclick="toggleNextSibling(this);">$ 735</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimSecurities', window );">Securities posted as collateral to derivative counterparties</a></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimSecurities" onclick="toggleNextSibling(this);">198</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimSecurities</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimSecurities" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimSecurities</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember', window );">National Public Finance Guarantee Holdings, Inc. [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember]" onclick="toggleNextSibling(this);">220</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_NationalPublicFinanceGuaranteeHoldingsMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember]" onclick="toggleNextSibling(this);">214</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_NationalPublicFinanceGuaranteeHoldingsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember', window );">Trifinium Holdings Limited [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_TrifiniumHoldingsLimitedMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember', window );">MBIA Services Corporation [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember]" onclick="toggleNextSibling(this);">2</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_MbiaServicesCorporationMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember]" onclick="toggleNextSibling(this);">53</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_MbiaServicesCorporationMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_CapmacHoldingsMember', window );">CapMAC Holdings Inc. [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_CapmacHoldingsMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_CapmacHoldingsMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaAssetFinanceMember', window );">MBIA Asset Finance, LLC [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_MbiaAssetFinanceMember]" onclick="toggleNextSibling(this);">6</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_MbiaAssetFinanceMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_EuroAssetAcquisitionLimitedMember', window );">Euro Asset Acquisition Limited [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump"><a title="us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries[dei_LegalEntityAxis=mbi_EuroAssetAcquisitionLimitedMember]" onclick="toggleNextSibling(this);">1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries<br>/ dei_LegalEntityAxis<br>= mbi_EuroAssetAcquisitionLimitedMember</span><span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">MBIA Inc. [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiquidAssets', window );">Liquid assets</a></td>
        <td class="nump"><a title="mbi_LiquidAssets[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">498</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiquidAssets<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="nump"><a title="mbi_LiquidAssets[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">359</a><span style="display:none;white-space:normal;text-align:left;">mbi_LiquidAssets<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue', window );">Fair value of securities pledged as collateral</a></td>
        <td class="nump"><a title="us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">273</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">270</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimSecurities', window );">Securities posted as collateral to derivative counterparties</a></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimSecurities[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">199</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimSecurities<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeCollateralRightToReclaimSecurities[dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeCollateralRightToReclaimSecurities<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeByNatureAxis=us-gaap_SecuritiesPledgedAsCollateralMember', window );">Fair Value Of The Collateral Pledged By MBIA Inc [Member] | MBIA Inc. [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShortTermInvestments', window );">Money market securities pledged as collateral under investment agreements</a></td>
        <td class="nump"><a title="us-gaap_ShortTermInvestments[us-gaap_DerivativeByNatureAxis=us-gaap_SecuritiesPledgedAsCollateralMember;dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">$ 26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShortTermInvestments<br>/ us-gaap_DerivativeByNatureAxis<br>= us-gaap_SecuritiesPledgedAsCollateralMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_ShortTermInvestments[us-gaap_DerivativeByNatureAxis=us-gaap_SecuritiesPledgedAsCollateralMember;dei_LegalEntityAxis=mbi_MbiaIncMember]" onclick="toggleNextSibling(this);">$ 22</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_ShortTermInvestments<br>/ us-gaap_DerivativeByNatureAxis<br>= us-gaap_SecuritiesPledgedAsCollateralMember<br>/ dei_LegalEntityAxis<br>= mbi_MbiaIncMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LiquidAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the liquidity position of the entity</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_LiquidAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 235<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.9-06)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 06<br><br> -Article 9<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph b<br><br> -Article 12<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 3<br><br> -Subparagraph (SX 210.12-04.(b))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeCollateralRightToReclaimSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of right to receive securities collateral under master netting arrangements that have not been offset against derivative liabilities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226016-175313<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (d)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeCollateralRightToReclaimSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of financial instrument held by the entity for its own account (proprietary securities) for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 860<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1A<br><br> -Subparagraph (b)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7523297&amp;loc=SL6224234-111729<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 860<br><br> -SubTopic 30<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6467456&amp;loc=d3e113888-111728<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShortTermInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Investments which are intended to be sold in the short term (usually less than one year or the normal operating cycle, whichever is longer) including trading securities, available-for-sale securities, held-to-maturity securities, and other short-term investments not otherwise listed in the existing taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Subparagraph g<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_ShortTermInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_CapmacHoldingsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_CapmacHoldingsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_EuroAssetAcquisitionLimitedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_EuroAssetAcquisitionLimitedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaAssetFinanceMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaAssetFinanceMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaIncMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaIncMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeByNatureAxis=us-gaap_SecuritiesPledgedAsCollateralMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeByNatureAxis=us-gaap_SecuritiesPledgedAsCollateralMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>149
<FILENAME>R126.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EPDDI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Schedule II (Condensed Balance Sheets) (Detail) (USD $)<br>In Millions, except Share data, unless otherwise specified</strong></div>
        </th>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">$ 782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">$ 1,258</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">$ 990</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue" onclick="toggleNextSibling(this);">$ 633</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">16,284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">16,953</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="nump"><a title="us-gaap_Assets" onclick="toggleNextSibling(this);">21,724</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent" onclick="toggleNextSibling(this);">1,810</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent</span><span></span></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent" onclick="toggleNextSibling(this);">1,702</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">246</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_DerivativeLiabilities" onclick="toggleNextSibling(this);">1,200</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DerivativeLiabilities</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_Liabilities" onclick="toggleNextSibling(this);">12,334</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Liabilities</span><span></span></td>
        <td class="nump"><a title="us-gaap_Liabilities" onclick="toggleNextSibling(this);">13,654</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Liabilities</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockValue" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockValue" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValue</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782 and 277,812,430</a></td>
        <td class="nump"><a title="us-gaap_CommonStockValue" onclick="toggleNextSibling(this);">281</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockValue</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockValue" onclick="toggleNextSibling(this);">278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockValue</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital</a></td>
        <td class="nump"><a title="us-gaap_AdditionalPaidInCapital" onclick="toggleNextSibling(this);">3,128</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdditionalPaidInCapital</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdditionalPaidInCapital" onclick="toggleNextSibling(this);">3,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdditionalPaidInCapital</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
        <td class="nump"><a title="us-gaap_RetainedEarningsAccumulatedDeficit" onclick="toggleNextSibling(this);">2,858</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RetainedEarningsAccumulatedDeficit</span><span></span></td>
        <td class="nump"><a title="us-gaap_RetainedEarningsAccumulatedDeficit" onclick="toggleNextSibling(this);">2,289</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RetainedEarningsAccumulatedDeficit</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (loss), net of tax of $6 and $26</a></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">56</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" onclick="toggleNextSibling(this);">(176)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost--89,409,887 and 85,562,546 shares</a></td>
        <td class="num"><a title="us-gaap_TreasuryStockValue" onclick="toggleNextSibling(this);">(2,359)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValue</span><span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValue" onclick="toggleNextSibling(this);">(2,318)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValue</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity of MBIA Inc.</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquity" onclick="toggleNextSibling(this);">3,929</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquity</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquity" onclick="toggleNextSibling(this);">3,278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquity</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and equity</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesAndStockholdersEquity" onclick="toggleNextSibling(this);">16,284</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesAndStockholdersEquity</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesAndStockholdersEquity" onclick="toggleNextSibling(this);">16,953</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesAndStockholdersEquity</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">6,509</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost" onclick="toggleNextSibling(this);">6,824</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock, par value</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, authorized shares</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesAuthorized" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesAuthorized</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesAuthorized" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesAuthorized</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, issued</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock, outstanding</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
        <td class="nump"><a title="us-gaap_CommonStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockParOrStatedValuePerShare</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockParOrStatedValuePerShare" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockParOrStatedValuePerShare</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, authorized shares</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesAuthorized" onclick="toggleNextSibling(this);">400,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesAuthorized</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesAuthorized" onclick="toggleNextSibling(this);">400,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesAuthorized</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, issued shares</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued" onclick="toggleNextSibling(this);">281,352,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued" onclick="toggleNextSibling(this);">277,812,430</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax', window );">Accumulated other comprehensive income (loss), taxes</a></td>
        <td class="nump"><a title="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" onclick="toggleNextSibling(this);">7</a><span style="display:none;white-space:normal;text-align:left;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax</span><span></span></td>
        <td class="nump"><a title="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" onclick="toggleNextSibling(this);">54</a><span style="display:none;white-space:normal;text-align:left;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockShares" onclick="toggleNextSibling(this);">89,409,887</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockShares</span><span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockShares" onclick="toggleNextSibling(this);">85,562,546</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockShares</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesNoncurrent', window );">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $671 and $703)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesNoncurrent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">751</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesNoncurrent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">728</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">33</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_TradingSecurities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">32</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TradingSecurities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral', window );">Investments pledged as collateral, at fair value (amortized cost $445 and $463)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">408</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">375</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesCurrent', window );">Short-term investments held as available-for-sale, at fair value (amortized cost $327 and $171)</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesCurrent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">327</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesCurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesCurrent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">171</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesCurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Total investments</a></td>
        <td class="nump"><a title="us-gaap_Investments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,523</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_Investments[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,309</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Investments<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">100</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">92</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CashAndCashEquivalentsAtCarryingValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">132</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CashAndCashEquivalentsAtCarryingValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentInWhollyOwnedSubsidiaries', window );">Investment in wholly-owned subsidiaries</a></td>
        <td class="nump"><a title="mbi_InvestmentInWhollyOwnedSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3,953</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentInWhollyOwnedSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_InvestmentInWhollyOwnedSubsidiaries[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3,890</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentInWhollyOwnedSubsidiaries<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Deferred income taxes, net</a></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">965</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_DeferredTaxAssetsNet[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">791</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_DeferredTaxAssetsNet<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssets', window );">Other assets</a></td>
        <td class="nump"><a title="us-gaap_OtherAssets[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">143</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssets<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherAssets[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">140</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssets<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_Assets[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">6,684</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_Assets[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">6,270</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Assets<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements', window );">Investment agreements</a></td>
        <td class="nump"><a title="us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">505</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">654</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LongTermDebtNoncurrent[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">592</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtNoncurrent<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansPayable', window );">Affiliate loans payable</a></td>
        <td class="nump"><a title="us-gaap_LoansPayable[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,207</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LoansPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LoansPayable[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">1,510</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LoansPayable<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
        <td class="nump"><a title="us-gaap_OtherLiabilities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">451</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_OtherLiabilities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">236</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherLiabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_Liabilities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">2,755</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Liabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_Liabilities[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">2,992</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_Liabilities<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--281,352,782 and 277,812,430</a></td>
        <td class="nump"><a title="us-gaap_CommonStockValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">281</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital</a></td>
        <td class="nump"><a title="us-gaap_AdditionalPaidInCapital[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3,128</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdditionalPaidInCapital<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AdditionalPaidInCapital[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3,115</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AdditionalPaidInCapital<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
        <td class="nump"><a title="us-gaap_RetainedEarningsAccumulatedDeficit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">2,858</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RetainedEarningsAccumulatedDeficit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_RetainedEarningsAccumulatedDeficit[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">2,289</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_RetainedEarningsAccumulatedDeficit<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (loss), net of tax of $6 and $26</a></td>
        <td class="nump"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">21</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(86)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost--89,409,887 and 85,562,546 shares</a></td>
        <td class="num"><a title="us-gaap_TreasuryStockValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(2,359)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="num"><a title="us-gaap_TreasuryStockValue[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">(2,318)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockValue<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity of MBIA Inc.</a></td>
        <td class="nump"><a title="us-gaap_StockholdersEquity[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3,929</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquity<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_StockholdersEquity[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">3,278</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_StockholdersEquity<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and equity</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesAndStockholdersEquity[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">6,684</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesAndStockholdersEquity<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_LiabilitiesAndStockholdersEquity[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">6,270</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesAndStockholdersEquity<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">671</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesAmortizedCost[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">703</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost', window );">Investments pledged as collateral, amortized cost</a></td>
        <td class="nump"><a title="mbi_InvestmentsPledgedAsCollateralAmortizedCost[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">445</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentsPledgedAsCollateralAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_InvestmentsPledgedAsCollateralAmortizedCost[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">463</a><span style="display:none;white-space:normal;text-align:left;">mbi_InvestmentsPledgedAsCollateralAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost', window );">Short-term investments held as available-for-sale, amortized cost</a></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">327</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">171</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock, par value</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockParOrStatedValuePerShare[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockParOrStatedValuePerShare<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, authorized shares</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesAuthorized[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesAuthorized<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesAuthorized[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">10,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesAuthorized<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, issued</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesIssued[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesIssued<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock, outstanding</a></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_PreferredStockSharesOutstanding[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_PreferredStockSharesOutstanding<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
        <td class="nump"><a title="us-gaap_CommonStockParOrStatedValuePerShare[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockParOrStatedValuePerShare<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockParOrStatedValuePerShare[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 1</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockParOrStatedValuePerShare<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, authorized shares</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesAuthorized[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">400,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesAuthorized<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesAuthorized[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">400,000,000</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesAuthorized<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, issued shares</a></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">281,352,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_CommonStockSharesIssued[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">277,812,430</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_CommonStockSharesIssued<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax', window );">Accumulated other comprehensive income (loss), taxes</a></td>
        <td class="nump"><a title="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 6</a><span style="display:none;white-space:normal;text-align:left;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">$ 25</a><span style="display:none;white-space:normal;text-align:left;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
        <td class="nump"><a title="us-gaap_TreasuryStockShares[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">89,409,887</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockShares<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="nump"><a title="us-gaap_TreasuryStockShares[dei_LegalEntityAxis=us-gaap_ParentCompanyMember]" onclick="toggleNextSibling(this);">85,562,546</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_TreasuryStockShares<br>/ dei_LegalEntityAxis<br>= us-gaap_ParentCompanyMember</span><span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated other comprehensive income loss, deferred income tax</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentInWhollyOwnedSubsidiaries">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the parent company investments in wholly-owned subsidiaries.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InvestmentInWhollyOwnedSubsidiaries</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amortized cost of investments pledged as collateral.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_InvestmentsPledgedAsCollateralAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=SL7669686-108580<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 11<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e637-108580<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358780&amp;loc=d3e681-108580<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapital">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.30(a)(1))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AdditionalPaidInCapital</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 12<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 18<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Assets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28360136&amp;loc=d3e22054-111558<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesCurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Investments in debt and equity securities which are categorized neither as held-to-maturity nor trading and which are intended to be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Available-for-Sale Securities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6505594<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The fair value of available-for-sale securities that serve as collateral for borrowings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28368275&amp;loc=d3e5086-111524<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amortized cost of short-term investments in debt and equity securities and other forms of securities that provide ownership interests classified as available-for-sale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying value as of the balance sheet date of the sum of the obligations to contract holders to provide to them an agreed upon rate of return pursuant to the terms of the underlying contract. These contracts represent lending by the contract holders to the entity in return for a guaranteed (primarily fixed) interest rate until maturity, unless called earlier if the contracts provide that option to the contract holders (usually institutions). There is little or no insurance risk for the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.14)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=31042434&amp;loc=d3e3044-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of common stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockParOrStatedValuePerShare</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_CommonStockValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsNet</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 10<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13433-108611<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41228-113958<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28364263&amp;loc=d3e13495-108611<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225523&amp;loc=SL20225862-175312<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 815<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41271-113958<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=28370219&amp;loc=SL20226008-175313<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_DerivativeLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Subparagraph h<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Investments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.19-26)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_Liabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.32)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 25<br><br> -Article 7<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 32<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LoansPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Including the current and noncurrent portions, aggregate carrying value as of the balance sheet date of loans payable (with maturities initially due after one year or beyond the operating cycle if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.16)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.16(a)(2))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 20, 22<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LoansPayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 22<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.17)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 17<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 10<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherAssets</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other investments not otherwise specified in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 12<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Subparagraph g<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1(f,g))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate carrying amount, as of the balance sheet date, of liabilities not separately disclosed in the balance sheet.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 15<br><br> -Article 9<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.15)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherLiabilities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockParOrStatedValuePerShare</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesAuthorized</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_PreferredStockValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 31<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.31(a)(3))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_RetainedEarningsAccumulatedDeficit</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SAB TOPIC 4.E)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 4<br><br> -Section E<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26610-111562<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6871852&amp;loc=d3e26626-111562<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Trading Securities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TreasuryStockValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>150
<FILENAME>R74.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0E3ECI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail) (USD $)<br>In Millions, unless otherwise specified</strong></div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th" colspan="2">
          <div>Dec. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent" onclick="toggleNextSibling(this);">$ 802</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent" onclick="toggleNextSibling(this);">$ 29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember', window );">Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 1 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Cashcollateralpledge', window );">Net cash collateral pledged</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_Cashcollateralpledge[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_Cashcollateralpledge<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member]" onclick="toggleNextSibling(this);">0</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel1Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember', window );">Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 2 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedInvestmentIncomeReceivable', window );">Accrued investment income</a></td>
        <td class="nump"><a title="us-gaap_AccruedInvestmentIncomeReceivable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccruedInvestmentIncomeReceivable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AccruedInvestmentIncomeReceivable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">52</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccruedInvestmentIncomeReceivable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReceivableForInvestmentsSold', window );">Receivable for investments sold</a></td>
        <td class="nump"><a title="mbi_ReceivableForInvestmentsSold[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReceivableForInvestmentsSold<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_ReceivableForInvestmentsSold[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReceivableForInvestmentsSold<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">138</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">103</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">1,172</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LongTermDebtFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">1,412</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure', window );">Payable for investments purchased</a></td>
        <td class="nump"><a title="mbi_PayableForInvestmentsPurchasedFairValueDisclosure[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_PayableForInvestmentsPurchasedFairValueDisclosure[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">1,214</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member]" onclick="toggleNextSibling(this);">1,443</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember', window );">Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 2 [Member] | Facilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_MajorPropertyClassAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_MajorPropertyClassAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member;us-gaap_MajorPropertyClassAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel2Member<br>/ us-gaap_MajorPropertyClassAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember', window );">Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 3 [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">2,636</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">2,655</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteedInvestmentAgreementsFairValue', window );">Investment agreements</a></td>
        <td class="nump"><a title="mbi_GuaranteedInvestmentAgreementsFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">705</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteedInvestmentAgreementsFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GuaranteedInvestmentAgreementsFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">814</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteedInvestmentAgreementsFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes</a></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">927</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">4,285</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">4,492</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeGross', window );">Gross</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeGross[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">4,051</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeGross<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeGross[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">2,843</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeGross<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeCeded', window );">Ceded</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeCeded[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">109</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeCeded<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeCeded[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member]" onclick="toggleNextSibling(this);">71</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeCeded<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember', window );">Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
        <td class="nump"><a title="us-gaap_NotesPayable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,779</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NotesPayable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,751</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByFairValueHierarchyLevelAxis<br>= us-gaap_FairValueInputsLevel3Member<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember', window );">Carrying Reported Amount Fair Value Disclosure [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">5</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedInvestmentIncomeReceivable', window );">Accrued investment income</a></td>
        <td class="nump"><a title="us-gaap_AccruedInvestmentIncomeReceivable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccruedInvestmentIncomeReceivable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AccruedInvestmentIncomeReceivable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">52</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccruedInvestmentIncomeReceivable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReceivableForInvestmentsSold', window );">Receivable for investments sold</a></td>
        <td class="nump"><a title="mbi_ReceivableForInvestmentsSold[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReceivableForInvestmentsSold<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_ReceivableForInvestmentsSold[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReceivableForInvestmentsSold<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Cashcollateralpledge', window );">Net cash collateral pledged</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_Cashcollateralpledge[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_Cashcollateralpledge<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">2,899</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">2,933</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteedInvestmentAgreementsFairValue', window );">Investment agreements</a></td>
        <td class="nump"><a title="mbi_GuaranteedInvestmentAgreementsFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">547</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteedInvestmentAgreementsFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GuaranteedInvestmentAgreementsFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">700</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteedInvestmentAgreementsFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes</a></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,004</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,224</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,810</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LongTermDebtFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,702</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure', window );">Payable for investments purchased</a></td>
        <td class="nump"><a title="mbi_PayableForInvestmentsPurchasedFairValueDisclosure[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_PayableForInvestmentsPurchasedFairValueDisclosure[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">6,160</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">6,587</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeGross', window );">Gross</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeGross[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,959</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeGross<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeGross[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">2,388</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeGross<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeCeded', window );">Ceded</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeCeded[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">65</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeCeded<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeCeded[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember]" onclick="toggleNextSibling(this);">76</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeCeded<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember', window );">Carrying Reported Amount Fair Value Disclosure [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Facilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember;us-gaap_MajorPropertyClassAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember<br>/ us-gaap_MajorPropertyClassAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember;us-gaap_MajorPropertyClassAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember<br>/ us-gaap_MajorPropertyClassAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember', window );">Carrying Reported Amount Fair Value Disclosure [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
        <td class="nump"><a title="us-gaap_NotesPayable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,757</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NotesPayable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,930</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_CarryingReportedAmountFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherInvestments[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">4</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherInvestments<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedInvestmentIncomeReceivable', window );">Accrued investment income</a></td>
        <td class="nump"><a title="us-gaap_AccruedInvestmentIncomeReceivable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">43</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccruedInvestmentIncomeReceivable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="us-gaap_AccruedInvestmentIncomeReceivable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">52</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AccruedInvestmentIncomeReceivable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReceivableForInvestmentsSold', window );">Receivable for investments sold</a></td>
        <td class="nump"><a title="mbi_ReceivableForInvestmentsSold[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">69</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReceivableForInvestmentsSold<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump"><a title="mbi_ReceivableForInvestmentsSold[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">22</a><span style="display:none;white-space:normal;text-align:left;">mbi_ReceivableForInvestmentsSold<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Cashcollateralpledge', window );">Net cash collateral pledged</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_Cashcollateralpledge[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">24</a><span style="display:none;white-space:normal;text-align:left;">mbi_Cashcollateralpledge<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
      </tr>
      <tr class="rou">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">2,774</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_AssetsFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">2,782</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_AssetsFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteedInvestmentAgreementsFairValue', window );">Investment agreements</a></td>
        <td class="nump"><a title="mbi_GuaranteedInvestmentAgreementsFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">705</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteedInvestmentAgreementsFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_GuaranteedInvestmentAgreementsFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">814</a><span style="display:none;white-space:normal;text-align:left;">mbi_GuaranteedInvestmentAgreementsFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes</a></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">801</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_MediumTermNotes[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">927</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_MediumTermNotes<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Long-term debt</a></td>
        <td class="nump"><a title="us-gaap_LongTermDebtFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,172</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LongTermDebtFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">1,412</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LongTermDebtFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure', window );">Payable for investments purchased</a></td>
        <td class="nump"><a title="mbi_PayableForInvestmentsPurchasedFairValueDisclosure[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">42</a><span style="display:none;white-space:normal;text-align:left;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
        <td class="nump"><a title="mbi_PayableForInvestmentsPurchasedFairValueDisclosure[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">31</a><span style="display:none;white-space:normal;text-align:left;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">5,499</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_LiabilitiesFairValueDisclosureNonrecurring[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">5,935</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeGross', window );">Gross</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeGross[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">4,051</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeGross<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeGross[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">2,843</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeGross<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeCeded', window );">Ceded</a></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeCeded[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">109</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeCeded<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="mbi_FinancialGuaranteeCeded[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember]" onclick="toggleNextSibling(this);">71</a><span style="display:none;white-space:normal;text-align:left;">mbi_FinancialGuaranteeCeded<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Facilities [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsHeldForSaleCurrent', window );">Assets held for sale</a></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember;us-gaap_MajorPropertyClassAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">26</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember<br>/ us-gaap_MajorPropertyClassAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_OtherAssetsHeldForSaleCurrent[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember;us-gaap_MajorPropertyClassAxis=us-gaap_AssetsHeldForSaleMember]" onclick="toggleNextSibling(this);">29</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_OtherAssetsHeldForSaleCurrent<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember<br>/ us-gaap_MajorPropertyClassAxis<br>= us-gaap_AssetsHeldForSaleMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="rh">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,632</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_HeldToMaturitySecuritiesFairValue[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">2,651</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_HeldToMaturitySecuritiesFairValue<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
        <td class="nump"><a title="us-gaap_NotesPayable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 2,779</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump"><a title="us-gaap_NotesPayable[mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember;us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember;us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember]" onclick="toggleNextSibling(this);">$ 2,751</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_NotesPayable<br>/ mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis<br>= mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember<br>/ us-gaap_FairValueByMeasurementBasisAxis<br>= us-gaap_EstimateOfFairValueFairValueDisclosureMember<br>/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis<br>= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</span><span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
      </tr>
      <tr>
        <td colspan="5"></td>
      </tr>
      <tr>
        <td colspan="5">
          <table class="outerFootnotes" width="100%">
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within "Other assets" on MBIA's consolidated balance sheets.</div></td>
            </tr>
            <tr class="outerFootnote">
              <td style="vertical-align: top;" valign="top">[2]</td>
              <td style="vertical-align: top;" valign="top"><div xmlns="http://www.w3.org/1999/xhtml">Reported within "Other liabilities" on MBIA's consolidated balance sheets.</div></td>
            </tr>
          </table>
        </td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Cashcollateralpledge">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash Collateral Pledge</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_Cashcollateralpledge</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeCeded">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the Company's balance sheet carrying amount of the financial guarantee insurance contracts ceded to third party reinsurers. The balance sheet carrying amount comprises the prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeCeded</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the Company's balance sheet carrying amount of the financial guarantee insurance contract obligations with third parties. The gross balance sheet carrying amount comprises the unearned premium revenue and the loss and loss adjustment expense reserves balances</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_FinancialGuaranteeGross</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GuaranteedInvestmentAgreementsFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Guaranteed Investment Agreements Fair Value</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_GuaranteedInvestmentAgreementsFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Payable for investments purchased fair value disclosure</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReceivableForInvestmentsSold">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Receivable for investments sold.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ReceivableForInvestmentsSold</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedInvestmentIncomeReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Interest, dividends, rents, ancillary and other revenues earned but not yet received by the entity on its investments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 3<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 4<br><br> -Article 7<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AccruedInvestmentIncomeReceivable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsFairValueDisclosureNonrecurring">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a nonrecurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_AssetsFairValueDisclosureNonrecurring</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of investments in debt securities classified as held-to-maturity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (aa)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 320<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=27724398&amp;loc=d3e27232-111563<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregation of the liabilities reported on the balance sheet measured at fair value on a nonrecurring basis by the entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtFairValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_LongTermDebtFairValue</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MediumTermNotes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Including the current and noncurrent portions, carrying value at the balance sheet date of a financial instrument used to receive debt funding on a regular basis with original maturities ranging from 5-10 years.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.16)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.16(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 16<br><br> -Article 9<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 20, 22<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_MediumTermNotes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-03.16)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 20, 22<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.16)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 13, 16<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_NotesPayable</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssetsHeldForSaleCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The lower of the carrying value or fair value less cost to sell of current assets held for sale that are not elsewhere specified in the taxonomy. The carrying value of major classes of assets and liabilities of the disposal group are separately disclosed in the balance sheet in the specific concepts provided.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 205<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6892542&amp;loc=d3e1107-107759<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 35<br><br> -Paragraph 43<br><br> -URI http://asc.fasb.org/extlink&amp;oid=29634951&amp;loc=d3e1739-110224<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherAssetsHeldForSaleCurrent</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other investments not otherwise specified in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.12)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 12<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Subparagraph g<br><br> -Article 7<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 210<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-03.1(f,g))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_OtherInvestments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td></td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td></td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>151
<FILENAME>R38.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Variable Interest Entities (Tables)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock', window );">Summary Of Nonconsolidated VIEs Assets And Liabilities</a></td>
        <td class="text"><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='23' rowspan='1' style='width:417.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:417.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2014</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:center;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Derivative</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:4.5pt;text-align:center;border-color:Black;min-width:4.5pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Liabilities</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(6)</font></sup></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8,613</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,623</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >110</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >24</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >70</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14,136</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,459</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >41</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >518</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >307</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >571</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >279</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,008</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,989</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,612</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,608</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >41</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >35,940</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19,958</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >119</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >123</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >524</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >121</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >389</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >49,686</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16,698</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >179</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >211</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85,626</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36,656</font></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >119</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >302</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >524</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >332</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >389</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Reported within &quot;Derivative liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='23' rowspan='1' style='width:418.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:418.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2013</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='8' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:101.25pt;text-align:left;border-color:Black;min-width:101.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Derivative</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:6pt;text-align:center;border-color:Black;min-width:6pt;' ></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td><td style='width:5.25pt;text-align:center;border-color:Black;min-width:5.25pt;' ></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Liabilities</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(6)</font></sup></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12,565</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,693</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >120</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >43</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >37</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >21</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >108</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >21,738</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,251</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >53</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > 658</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >327</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,367</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >447</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,830</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,740</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > -</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13,028</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,248</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >80</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >96</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >56,528</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >27,379</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >141</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >196</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >676</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >204</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >361</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >113</font></td></tr><tr style='height:9.75pt;' ><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52,317</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20,162</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >206</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >248</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >108,845</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47,541</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >141</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >402</font></td><td style='width:6pt;text-align:right;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >676</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >452</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >366</font></td><td style='width:5.25pt;text-align:right;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >113</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:45pt;' ></td><td style='width:6pt;text-align:left;border-color:Black;min-width:6pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:49.5pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:48.75pt;' ></td><td style='width:5.25pt;text-align:left;border-color:Black;min-width:5.25pt;' ></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:4.5pt;' ></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:41.25pt;' ></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.75pt;' ><td colspan='28' rowspan='1' style='width:547.5pt;text-align:left;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Reported within &quot;Derivative liabilities&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Schedule Of Summary Of Nonconsolidated VIEs Assets And Liabilities [Text Block]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>152
<FILENAME>R20.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EME">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureTextBlock', window );">Income Taxes</a></td>
        <td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 11: Income Taxes</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;' >Income (loss) from operations before provision (benefit) for income taxes consisted of</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:102.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:102.75pt;text-align:center;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Domestic</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >574</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >435</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,486</font></td><td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:102.75pt;text-align:left;border-color:Black;min-width:102.75pt;' ></td><td style='width:147.75pt;text-align:left;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >641</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >416</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,598</font></td><td style='width:102.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:102.75pt;' ></td></tr></table></div><div><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;' >The Company files a consolidated tax return that includes all of its U.S. subsidiaries and foreign branches. The Company also files tax returns in the United Kingdom</font><font style='font-family:Times New Roman;font-size:10pt;' >, France, Spain, and various state and local jurisdictions. Income tax expense </font><font style='font-family:Times New Roman;font-size:10pt;' >(benefit) on income (loss) and shareholders&#8217; equity consisted of:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:162.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:33.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:33.75pt;text-align:center;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Current taxes:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred taxes:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >165</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >350</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >166</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >364</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:18pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income taxes charged (credited) to shareholders&#39; equity related to:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in unrealized gains (losses) on AFS securities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >89</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >86</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in AFS securities with OTTI</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(29)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in foreign currency translation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td style='width:13.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ></td><td style='width:279pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Share-based compensation</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total income taxes charged (credited) to shareholders&#39; equity</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(72)</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:33.75pt;text-align:left;border-color:Black;min-width:33.75pt;' ></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total effect of income taxes</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >94</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >497</font></td><td style='width:33.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ></td></tr></table></div><div><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;' >A reconciliation of the U.S</font><font style='font-family:Times New Roman;font-size:10pt;' >. federal statutory tax rate of 35</font><font style='font-family:Times New Roman;font-size:10pt;' >% to the Company&#8217;s effective income tax rate for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2012</font><font style='font-family:Times New Roman;font-size:10pt;' > is presented in the following table:</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:87.75pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2012</font></td><td style='width:87.75pt;text-align:center;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal income tax computed at the statutory rate</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Increase (reduction) in taxes resulting from:</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-exempt interest</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.5)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.1)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.7)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mark-to-market on warrants</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.6)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.7)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in valuation allowance</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13.5)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12.6)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5.6)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in uncertain tax positions</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9.1)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.8%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.1)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State income tax, net of federal benefit</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Out-of-period adjustment</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3.8)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign taxes</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.5)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.8)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.2)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiary</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.4%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:201.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.6)%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.2)%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr><tr style='height:15pt;' ><td style='width:87.75pt;text-align:left;border-color:Black;min-width:87.75pt;' ></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effective tax rate</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.2%</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39.9%</font></td><td style='width:15pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22.8%</font></td><td style='width:87.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Deferred Tax Asset, Net of Valuation Allowance</font></p></div><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the differences be</font><font style='font-family:Times New Roman;font-size:10pt;' >tween the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income</font><font style='font-family:Times New Roman;font-size:10pt;' > in the period that includes the enactment date.</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;' >The tax effects of temporary differences that give rise to deferred tax assets and liabilities as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' > are presented in the following table:</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:12pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='5' rowspan='1' style='width:111.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:52.5pt;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:52.5pt;text-align:center;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax liabilities:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >196</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >220</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferral of cancellation of indebtedness income</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >114</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred acquisition costs</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >72</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized gains in accumulated other comprehensive income</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiaries</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >48</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax liabilities</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >423</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:7.5pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax assets:</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Compensation and employee benefits</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss and loss adjustment expense reserves</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net operating loss and tax credit carryforwards</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,150</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >917</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Capital loss carryforward and other-than-temporary impairments</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses on insured derivatives</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >400</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net losses on financial instruments at fair value and foreign exchange</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses in accumulated other comprehensive income</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Alternative minimum tax credit carryforward</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:12.75pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred taxes on VIEs</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >55</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax assets</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,432</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,680</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Valuation allowance</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='2' rowspan='1' style='width:306pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:306pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred tax asset</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,009</font></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,109</font></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:15pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td style='width:12pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ></td><td style='width:294pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:294pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:17.25pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ></td><td style='width:39.75pt;border-top-style:double;border-top-width:3;text-align:left;border-color:Black;min-width:39.75pt;' ></td><td style='width:52.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:52.5pt;' ></td></tr><tr style='height:23.25pt;' ><td style='width:52.5pt;text-align:left;border-color:Black;min-width:52.5pt;' ></td><td colspan='9' rowspan='1' style='width:487.5pt;text-align:left;background-color:#FFFFFF;border-color:Black;min-width:487.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >                                                          </font></td></tr></table></div><div><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;' >The Company establishes a valuation allowance against its deferred tax asset when it is more likely than not that all or a portion of the deferred tax asset will not be realized. All evidence, both positive and negative, needs to be identified and </font><font style='font-family:Times New Roman;font-size:10pt;' >considered in making the determination. Future realization of the existing deferred tax asset ultimately depends, in part, on the </font><font style='font-family:Times New Roman;font-size:10pt;' >generation </font><font style='font-family:Times New Roman;font-size:10pt;' >of sufficient taxable income of appropriate character (for example, ordinary income versus capital gains) within th</font><font style='font-family:Times New Roman;font-size:10pt;' >e carryforward period available under the tax law.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company reported a net deferred tax asset of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.0 b</font><font style='font-family:Times New Roman;font-size:10pt;' >illion</font><font style='font-family:Times New Roman;font-size:10pt;' >, with no </font><font style='font-family:Times New Roman;font-size:10pt;' >valuation allowance.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, there was a valua</font><font style='font-family:Times New Roman;font-size:10pt;' >tion allowance of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >93</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >mil</font><font style='font-family:Times New Roman;font-size:10pt;' >lion</font><font style='font-family:Times New Roman;font-size:10pt;' > against a portion of the deferred tax asset. The valuation allowance related to losses from asset impairments. </font><font style='font-family:Times New Roman;font-size:10pt;' >Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e decrease in the valuation allowance w</font><font style='font-family:Times New Roman;font-size:10pt;' >as primarily due to</font><font style='font-family:Times New Roman;font-size:10pt;' > the sales of previously impaired assets and a tax planning strategy to use unre</font><font style='font-family:Times New Roman;font-size:10pt;' >alized gains that are included in &#8220;Accumulated other comprehensive income (loss)&#8221; on the Company&#8217;s consolidated balance sheets against any remaining asset impairments.</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 accordance with ASU 2013-11, the netting of deferred taxes between different taxpayin</font><font style='font-family:Times New Roman;font-size:10pt;' >g jurisdictions is not permitted. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, there was also a non U.S. deferred tax liability of $</font><font style='font-family:Times New Roman;font-size:10pt;' >18</font><font style='font-family:Times New Roman;font-size:10pt;' > million included in &#8220;Other liabilities&#8221; on the Company&#8217;s consolidated balance sheet. </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-weight:bold;font-style:italic;margin-left:0pt;' >Tax </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Sharing A</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >greement</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has a tax sharing </font><font style='font-family:Times New Roman;font-size:10pt;' >agreement among its members effective January 1, 1987. The agreement was amended and restated effective September 8, 2011 to change the method of calculating each domestic insurer&#8217;s tax liability to the method permitted by paragraph 3(a) of Department Circ</font><font style='font-family:Times New Roman;font-size:10pt;' >ular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and non-disapproval pursuant to Section 1505 of the New York Insurance Law (&#8220;NYIL&#8221;).</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s tax sharing agreement is filed as an exhibit to this Form 10-K for informational purposes only. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;Note 2: Significant Accounting Policies&#8221; for further discussion on the Company&#8217;s tax</font><font style='font-family:Times New Roman;font-size:10pt;' > sharing agreement</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><div><p style='text-align:left;margin-top:13.5pt;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;' >Out-of-Period Adjustment</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;' >During the fourth quarter of 2012, the Company completed a </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheet focused analysis to enhance efficiency and accuracy with </font><font style='font-family:Times New Roman;font-size:10pt;' >its deferred income tax balances, </font><font style='font-family:Times New Roman;font-size:10pt;' >and as a result, identified </font><font style='font-family:Times New Roman;font-size:10pt;' >errors to the current and deferred </font><font style='font-family:Times New Roman;font-size:10pt;' >income tax balances. The Company evaluated the materiality of these errors in accordance with SEC</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Staff Accounting</font><font style='font-family:Times New Roman;font-size:11pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Bulletin No. 99, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Materiality</font><font style='font-family:Times New Roman;font-size:10pt;' >, and SEC Staff Accounting Bulletin No. 108, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Considering the Effects of Prior Year Misstatements When Quantifying</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Misstatements in Current Year Financial Statements</font><font style='font-family:Times New Roman;font-size:10pt;' >, and concluded that these errors, individually and in the aggregate</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >ere</font><font style='font-family:Times New Roman;font-size:10pt;' > immaterial to the year ended December 31, 2012 and all prior periods to which </font><font style='font-family:Times New Roman;font-size:10pt;' >these errors </font><font style='font-family:Times New Roman;font-size:10pt;' >relate. Accordingly, the Company record</font><font style='font-family:Times New Roman;font-size:10pt;' >ed the</font><font style='font-family:Times New Roman;font-size:10pt;' >se adjustments in its consolidated financial statements for the year ended December 31, 2012 by increasing &#8220;Net income (loss)&#8221; by $</font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' > million. </font></p><p style='text-align:left;margin-top:13.5pt;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;' >Treatment of Undistributed Earnings of Certain Foreign Subsidiaries&#8212;&#8220;Accounting for Income Taxes&#8212;Special A</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >reas&#8221;</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In the fourth quarter of 2013, </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. deferred income taxes </font><font style='font-family:Times New Roman;font-size:10pt;' >were </font><font style='font-family:Times New Roman;font-size:10pt;' >provided on the differences in the book and tax basis in the Company&#8217;s carrying value of MBIA UK and </font><font style='font-family:Times New Roman;font-size:10pt;' >certain </font><font style='font-family:Times New Roman;font-size:10pt;' >other entities</font><font style='font-family:Times New Roman;font-size:10pt;' > since </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > no longer </font><font style='font-family:Times New Roman;font-size:10pt;' >inten</font><font style='font-family:Times New Roman;font-size:10pt;' >ds</font><font style='font-family:Times New Roman;font-size:10pt;' > to permanently reinvest the</font><font style='font-family:Times New Roman;font-size:10pt;' >se earnings.</font><font style='font-family:Times New Roman;font-size:10pt;' > The impact is reflected in the Company&#8217;s 2013</font><font style='font-family:Times New Roman;font-size:10pt;' > tax provision.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >cc</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >g</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >f</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >U</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >y</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >m</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >T</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >ax</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ny</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eco</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > U</font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >/or</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >co</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ons</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company includes interest as a component of income tax expense. </font><font style='font-family:Times New Roman;font-size:10pt;' >All amounts below are reflected before any applicable tax benefit.</font></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:360pt;' ></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:10.5pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of January 1, 2012</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During a prior year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The amounts of decreases in the UTB as a result of the applicable statute of limitations</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(26)</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of December 31, 2012</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:center;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:center;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During the current year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The amounts of decreases in the UTB related to settlements with taxing authorities</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of December 31, 2013</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;border-top-style:solid;border-top-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The gross amount of the increase/(decrease) in the UTB as a result of tax positions taken:</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:left;border-color:Black;min-width:69pt;' ></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During a prior year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(61)</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td style='width:13.5pt;text-align:left;border-color:Black;min-width:13.5pt;' ></td><td style='width:360pt;text-align:left;border-color:Black;min-width:360pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >During the current year</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The amounts of decreases in the UTB related to settlements with taxing authorities</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The reduction in the UTB as a result of the applicable statute of limitations</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr><tr style='height:12pt;' ><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td><td colspan='2' rowspan='1' style='width:373.5pt;text-align:left;border-color:Black;min-width:373.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unrecognized tax benefit as of December 31, 2014</font></td><td style='width:19.5pt;text-align:left;border-color:Black;min-width:19.5pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:69pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:35.25pt;text-align:left;border-color:Black;min-width:35.25pt;' ></td></tr></table></div><div><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;' >The Company does not anticipate any </font><font style='font-family:Times New Roman;font-size:10pt;' >additional </font><font style='font-family:Times New Roman;font-size:10pt;' >amount to reverse in the next twelve months based on settling certain issues.</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 and its U.S. subsidiaries file a U.S. consolidated federal income tax return. Federal income tax returns for 2011 through </font><font style='font-family:Times New Roman;font-size:10pt;' >2013 are subject to examination. The reserve for UTB has decreased during 2014 based on certain positive developments, including the conclusion from an </font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >nternal Revenue Service</font><font style='font-family:Times New Roman;font-size:10pt;' > initiated survey of</font><font style='font-family:Times New Roman;font-size:10pt;' > the 2011 consolidated return o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >and its subsidiar</font><font style='font-family:Times New Roman;font-size:10pt;' >ies</font><font style='font-family:Times New Roman;font-size:10pt;' >, which has resulted in no change to taxable income. In the fourth quarter of 2014, the Company settled certain state and local examinations which further decreased the reserve.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >tax authorities in the </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >nited Kingdom</font><font style='font-family:Times New Roman;font-size:10pt;' > are currently auditing</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK </font><font style='font-family:Times New Roman;font-size:10pt;' >for</font><font style='font-family:Times New Roman;font-size:10pt;' > tax years 2005 through 201</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >On January 24, 2014, the Company provided an independent report to HM Revenue &amp; Customs (&#8220;HMRC&#8221;). On April 8, 2014, HMRC responded with comments. On June 2, 2014, the Company responded to HMRC&#8217;s letter dated April 8, 2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, no response has been received from HMRC and there has been no resolution.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During 2013, the Company met with New York State Department of Taxation and Finance to discuss the Company&#8217;s respective </font><font style='font-family:Times New Roman;font-size:10pt;' >tax </font><font style='font-family:Times New Roman;font-size:10pt;' >positions regarding certain </font><font style='font-family:Times New Roman;font-size:10pt;' >issues related to the 2008 tax year. </font><font style='font-family:Times New Roman;font-size:10pt;' >In the fourth quarter of </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company settled with the state</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;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >NOL </font><font style='font-family:Times New Roman;font-size:10pt;' >is approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >3.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion</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;' >The NOL will </font><font style='font-family:Times New Roman;font-size:10pt;' >expire between tax years 2029 through 203</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company has an alternative minimum tax credit carryforward of $22 million, which does not expire.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32718-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_IncomeTaxDisclosureTextBlock</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>153
<FILENAME>R101.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <title></title>
    <link rel="stylesheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else {
							e.nextSibling.style.display='none';
							}
							}</script></head>
  <body><span style="display: none;">v2.4.1.9</span><table class="report" border="0" cellspacing="2" id="ID0EJNAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Income Tax Rate Reconciliation) (Detail)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Dec. 31, 2014</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract', window );"><strong>Effective income tax rate continuing operations tax rate reconciliation [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Federal income tax computed at the statutory rate</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" onclick="toggleNextSibling(this);">35.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract', window );"><strong>Increase (reduction) in taxes resulting from: [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome', window );">Tax-exempt interest</a></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" onclick="toggleNextSibling(this);">(0.50%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" onclick="toggleNextSibling(this);">(1.10%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" onclick="toggleNextSibling(this);">(0.70%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants', window );">Mark-to-market on warrants</a></td>
        <td class="num"><a title="mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" onclick="toggleNextSibling(this);">(1.60%)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants</span><span></span></td>
        <td class="nump"><a title="mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" onclick="toggleNextSibling(this);">3.80%</a><span style="display:none;white-space:normal;text-align:left;">mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants</span><span></span></td>
        <td class="num"><a title="mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" onclick="toggleNextSibling(this);">(0.70%)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance', window );">Change in valuation allowance</a></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">(13.50%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">(12.60%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" onclick="toggleNextSibling(this);">(5.60%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions', window );">Change in uncertain tax positions</a></td>
        <td class="num"><a title="mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" onclick="toggleNextSibling(this);">(9.10%)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions</span><span></span></td>
        <td class="nump"><a title="mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" onclick="toggleNextSibling(this);">2.80%</a><span style="display:none;white-space:normal;text-align:left;">mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions</span><span></span></td>
        <td class="num"><a title="mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" onclick="toggleNextSibling(this);">(0.10%)</a><span style="display:none;white-space:normal;text-align:left;">mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes', window );">State income tax, net of federal benefit</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" onclick="toggleNextSibling(this);">0.50%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" onclick="toggleNextSibling(this);">2.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" onclick="toggleNextSibling(this);">0.10%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes', window );">Out-of-period adjustment</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" onclick="toggleNextSibling(this);">(3.80%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential', window );">Foreign taxes</a></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" onclick="toggleNextSibling(this);">(0.50%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" onclick="toggleNextSibling(this);">(0.80%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" onclick="toggleNextSibling(this);">(1.20%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential</span><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings', window );">Basis difference in foreign subsidiary</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" onclick="toggleNextSibling(this);">11.40%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" onclick="toggleNextSibling(this);">0.00%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings</span><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments', window );">Other</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" onclick="toggleNextSibling(this);">0.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" onclick="toggleNextSibling(this);">(0.60%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments</span><span></span></td>
        <td class="num"><a title="us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" onclick="toggleNextSibling(this);">(0.20%)</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments</span><span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateContinuingOperations', window );">Effective tax rate</a></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateContinuingOperations" onclick="toggleNextSibling(this);">11.20%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateContinuingOperations" onclick="toggleNextSibling(this);">39.90%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateContinuingOperations</span><span></span></td>
        <td class="nump"><a title="us-gaap_EffectiveIncomeTaxRateContinuingOperations" onclick="toggleNextSibling(this);">22.80%</a><span style="display:none;white-space:normal;text-align:left;">us-gaap_EffectiveIncomeTaxRateContinuingOperations</span><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the difference between the federal statutory and effective tax rate attributable to the mark-to-market on warrants.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents the difference between the federal statutory and effective tax rate attributable to uncertain tax positions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>mbi_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateContinuingOperations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h)(2))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Subparagraph 2<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateContinuingOperations</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to revisions of previously reported income tax expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to the repatriation of foreign earnings.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income (loss) exempt from income taxes.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 12<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32687-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32698-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome</td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:percentItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
